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purchase but no positions? dont lie, you paper handed in 2017.
post the fucking million with today’s date then i will like it
congratulations! and fuck you!
now use that money to make a time machine to bring me back to buy some with you
position or ban… same as real wsb, mods?
this is the reason for diamond mf hands everyone!!!! congratulations to you!!!
holy shit dude, congrats.
show pic of your balance
hello i'm good nigerian prince, please send me all of your btc and i will double it.
lol don’t sell it.
bro, strong work right there, congrats
please show position or admin you bans you
paper handed bitch unless proven otherwise
this is pretty cool.
congrats my dude!! some serious gain porn!!
yeah well my btc made me
that .99 fee tho lol
i’m a little stoned. and i tried to click the x next to bought bitcoin in the picture to close out that screen lmfao 😂🤣😂🤣😂🤣😂
congrats man, this is amazing! if you have not sold yet, consider holding another year or so. i believe that once the us and other govs. of the world finish adoption of crypto "officially" were going to see a huge boom.
positions or ban faggot
damn congrats, some strong diamond hands
wish i would have done the same.
attaboy. way to hodl that og btc through the circus ride of the last 6 years.
we need some mod action here. balance or ban, or anyone can post any old shit.
i wish time machine exists
don’t sell. you’ll be a billionaire in 10 years.
a big ol congrats and a bigger fuck you💎🙌
what an awful time to sell! could have 3x v soon
not as good a story as an old friend of mine who mined 25 coins back when bitcoin started on an old pc he left running in his cellar. when btc originally hit . he’s still paying off the mortgage 😂
sheeeh throw that in a wallet and collect interest broseph. mines chilling in celsius
congrats on the hold of a lifetime
we don’t know if sold though. i hope you didn’t. if you really didn’t - you have my sincere respect. if you sold though and posted this to make us jealous, you a tiny bit of respect from for buying this low but also a bit of thisappointment for trying to harvest clout from the internet.
great mastercard add material.
fucking congrats man. i am truly happy for you.
i have doubt but if this is real congrats fr i’m happy for you. 🎉
in the meantime there are plenty of people like me who paper handed their btc in 2011 when it crashed to
bro check out saitama inu. incredible gains.
why not ride it to 2 million though?
congratu-fucking-lations. that patience was hella rewardes.
congrats and fuck you. true diamond hands 💎 ✋ if this is true.
show balance or you should be banned, we know your a paper handed bitch
nice! enjoy your money!
position or ban!! mods?
this is guy is full of shit! even his posts from before, he’s just posting shit from the internet. sad dude, get a life.
don't sell, it will become 2 million in january
goddamn bro good shit. i wish i had invested when i was younger and hearing about crypto. i kick myself for being so skeptical and thinking the money was already made at this point. i'm still young (22) so here's hoping that these newer coins can come up for me!
that is why i am not selling both my shiba and saitama... 6years is not that far
if it was true i would give you a upvote but no proof no upvote.
im jealous, fuck you man, enjoy it
bro youre a fucking legend, congrats on these filthy gains. what are you gonna do with your million?
i also get a payback after contacting the support because the game is not useable on the pc
only fakes do not show position
show me the money!!! words are meaningless without the 2021 numbers. and what's up with the silence? are you just pretending to be a big shot and telling stories? the proof is in the pudding, post your proof of gains. i can do the math, approx. 948,000, but that was 2015. 2021 doc or you walk the plank into shark infested waters.
i can screenshot my buys from 2014-2015 too.
position or ban god damn it.
so your telling me you just robbed a million dollars from someone in bitcoin lol
i'd show a screenshot of my , but for some reason i'm having trouble logging in to my mt. gox and campbx accounts. hopefully my coins are still safe
so proud of you man, fuck the “fuck you.” i wish i had that kind of thiscipline, this is exactly what i want in life!
i wish i saw the light on btc and didn’t laugh it off back in 2015, too. oh, well. better late than never, i suppose.
i don’t believe you. where the pic?
congratulations and fuck you.
can't wait until i can do that.
lies lol another fake
i like the phone pic of screen the most.
anyone ever heard of armor? smart contract insurance. i think the once the hedgies come in full force, they’re going to want this. 21 mil market cap
i've spoken to folks that either could have bought or did and sold off thier coins in the early days... guess how they are feeling about it now... to bad i was hanging with closed minded party crowd... i bought everything i could back then...
show your account at today... not your shitty lambo you rented
a mill before tax right
let's see if your a good philanthropist with all that free money and help my broke ass. please btc
wow dude that is insane congrats such wise investment
this. show a screenshot of your balance lol
this was my first purchase, never sold this! definitely sold some, how else would i get the lambo in my post? just didn’t sell the original 14.9!
that’s so awesome. i’m super happy for you and i don’t even know you. good for you. that’s amazing.
lmao why would he liquidate his holdings now given how long he’s already held unless he actually needs the money…. considering op invested well ahead of 99% of this sub, i’m pretty sure he knows the value and potential of crypto and btc in general better than most here so the fact you’re advising him to hold ‘another year’ is comedy gold.
don't be sad. here's a [hug!](
doge and a bit of shibi
that sounds like a lot of words & no pic proof 😩 that lambo is like 30k tops lol
you call that proof? you wanna see my "proof?" when i was a boy in bulgaria... my parents said dont believe everything you see on youtube.
it could be fake as fuck
he bought a lambo along the way. i'd be suprised if he had more than 10 of those bad boys left
wow you're one of those ppl that takes a positive comment (not even regarding you) and attempts to make it negative while just making yourself look like a douchebag. also, read better. his caption said "wouldn't sell until it hit 1m, and today it hit 1m." a 4th grader would know that implies he is about to (or already has) sold. dickhead.
i was thinking about if i would ever do the lambo thing that but as i’ve learned more about finances i was thinking maybe it might be better to just rent a lambo for a few days and have fun with it for like a week and then in a couple months rent a different luxury car for a few days and have fun with it while not having to lose money that would have made me even more money
lmk where you find a huracan for 30k! i’ll buy them all
lmao where are you finding lambos that cheap?
please let me know where i can find all these .
either way. the thought of someone not having to struggle as much due to financial issues is pretty cool. i hope it’s not fake. it sickens me to see so many people struggling financially in this world. while corporations pay people pennies when they could afford much more. people are struggling out there. not that the op is or isn’t. just saying one more successful person is great to see. fake or not. i get the whole life is what you make it, but not everyone has the capacity for one reason or another. rant over.
i’d be surprised if he sold any, the guy was clearly smart and successful enough to put down a couple of thousand when btc was barely a thing , at a time where 99% of people here wouldn’t have the balls to buy or hold for the period op held. more likely he’s successful in his career and other investments, hence the lambo. the truth is, the people that are only invested in crypto are dummies that don’t understand diversification or risk. edit: just checked ops post and comment history, a while back he mentioned he’s a consultant for hospitals - earning (prob more now i imagine). clearly supports my theory. most people here know fuck all, are likely broke as fuck and advising people like they’re seasoned investors - be wary.
no i just think dopes like you shouldn’t hand out advice to people clearly more knowledgeable and successful than you lmao the fact you think the ‘us and other governments’ will finish adoption within a year (given your suggestion) shows you know nothing. you likely just bought into crypto this year lmao perhaps you should read, he literally answered below and said he hasn’t sold any of his holdings. you’re a dumbass and that’s okay, don’t project your insecurities onto others fella just move on with your day and don’t eat too many crayons
why buy a lambo when you could buy 4 investment properties and earn passive income? much better than an asset that depreciates the moment you are based the keys. to each their own though
yep that would be the smart thing to do lol
bro please i just wanna jerk off show your balance it’ll take 2 mins
i dont doubt any of that. still, i'd like to see his current position rather than a screenshot of a buy in 2015. still amazing none the less but even the smartest are known to take profits along the way. i'll bet you
key words in that post you read for that “several contracts” and that was just 1 of them. but bingo. also sorry guys i just got on reddit again, currently working, i don’t live on this. i’ll find a way to post positions when i get home. this was just a screenshot of a purchase i had on coinbase for my first ever purchase. i’ve never sold any crypto ever. but has sense been all transferred off coinbase. i only logged on to take a picture of the screen for this moment. sorry all, i will update soon. unfortunately i have crypto all over the place in different exchanges and uni swap and offline wallets so i’m not sure, does this sub allow multi picture post? might take some time to post all pictures and an excel spread sheet with everything considering i don’t even know the total value or accumulation of everything myself… will update soon. didn’t mean to get everyone enraged. currently busy doing some contract work i’m on though. also just to clarify: by never selling, i have never sold this original purchase. i have traded and swapped crypto in other places, but my bitcoin balance has never dipped below this original 14.9
i read the caption and showed decent comprehension, you on the other hand did not. im the dope, but you think that because someone bought 1 coin and held out for an arbitrary goal "" that they are "very knowledgeable." lmao the way you measure knowledge is like a child. you're clearly someone that just feels a certain way and thinks it is reality. and if you do not think most of the developed world will decide their stance on crypto within a year then you're not paying attention to the news, which i'm not surprised. you can put a suit on you reddit guy, does not equate to you being intelligent or successful.
used cars are going up in prices though lol
lol still no balance.
from dubai, can confirm
cheapest i can find in uae atm is 489k aed.
thanks for confirming my theory, i guess that other guy owes me you don’t have to prove or post anything - i’m just making a point that majority of people on here barely know anything yet some of them are handing out advice which is comedic and ironic. good work op and congrats on the success of your early investment!
that’s a whole bunch of words to say nothing, i’m not about to debate how little you know lol good luck to you, you’ll need it.
that is also true. i’m sure somewhere out there is a buyer who will pay
the trend line is currently declining from the high that the market was in and i do not expect the chip shortage to be an issue much longer so hopefully used cars come back down to realistic values.
yeah he’s a dirty liar
i would have totally sent you . op does not have to prove anything but i'm sure a lot of people would like to see gains porn + a lambo
because you cannot debate what you do not know.
haha all good bro, invest that 😉
i am a bot. you submitted something with no flair. please make sure you select a flair.
\> linking me to shitty new.reddit how dare you
btc and eth biatch... if the internet is taken down, starlink + btc do not forget that russia has been hording gold... the central bankers are phucked.
kind of annoying i cannot participate on android.
btfd! putin thiscount! on another note, mankind sucks! may god watch over the children! 🙏🏿
i don’t think russia can use spfs because of the sanctions, i definitely wouldn’t be voting on this poll because of the uncertainty
says the bitch ass bot with no flair. typical.
lmfao wsb crypto an absolute sham 😂
yes, pain is on the menu.
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please make this the cover photo it’s too funny not to.
can’t wait to see his face when it hits 100k! see y’all at the stratosphere 🚀🚀🚀
doesn’t cramer own crypto though?
when it hits 100k he will probably take a personal day to treat his prolapsed anus
lol is cramer anti crypto?
someone give uncle jimmy a bump!
that feeling when instead of buying 2 houses you can only afford 1
lets see six figures first
i sold off my 1k btc to add to my 2k staked eth2. hope this pays off
cramer need to cool down and start hodling!!!!!!!!!!!!!!!!!!
we like the coin!
he's sad because he sold.
i wonder when cramer will realize he is a boomer and is culturally irrelevant?
as someone that 'applied' to be a mod - i approve this new banner request!
jim is on imaginary ranch he would buy if he didn\`t sell bitcoin too early
cramer's a oxycontin dealer.
jesus christ, why are there so many fucking crypto subs??? no matter how many i block theres always more.
i bet he owns bitcoin. still, the bitcoin etf tracks futures of bitcoin, does not actually hold bitcoin. it’s just a way for wall street to manipulate the price of bitcoin. retail investor really should find a legit alternative coin that’s like bitcoin that the rich aren’t aware of or manipulating.
haha! paper handed ass cramer. 🤡
i’m hoping he doesn’t pack it in before then. wonder how his investment club is doing 🤡
december it’s already need expected long term, forget 6 figures i want 7 figures after next crypto winter. 2031 expected 705k-1mil* december, who knows i gamble
bitcoin hitting 100k is as much of a chance for dogecoin to hit . i only need dogecoin to reach .50 to be a millionaire because of how much i hold.
i know he’s said he has eth before
lmfao this is very specific
no but he always manages to buy high and sell low
he’s a sad panda cuz he capitulated in june
don’t let the door hit you on the way out.
>i bet he owns bitcoin. still, the bitcoin etf tracks futures of bitcoin, does not actually hold bitcoin. it’s just a way for wall street to manipulate the price of bitcoin. retail investor really should find a legit alternative coin that’s like bitcoin that the rich aren’t aware of or manipulating. lol why the downvote? people are blind as fuck. great, wall street got into crypto, prepare to have yields dry up, and get smoked by pros that can manipulate the shit out of the market.
this is legitimately retarded
nope, i meant when! btc to 100k by december is conservative, bears r fuk!
in june, he said: “sold almost all of my btc…and i don’t need it”. needless to say, he picked a pretty bad time to sell. he does have eth but he encouraged profit taking in early october and sold some off and speculated that yesterday could be the top. while he’s not exactly schiff, he’s certainly not saylor either
one of us one of us
i usually do the opposite of what he says and i do alright.
how have we not made him a mod then yet?
lmao, i imagine he’s filthy rich anyways though. still funny
don’t let the door hit ya where the good lord split ya! ✌️
this is bitcoin's time to shine, and anyway a portfolio with a 2:1 allocation of btc:eth has a historically optimized sharpe ratio
thanks for sharing! and i know the answer is that it does not matter but would you wait a few days to see if btc will drop 1 or 2k or just enter now? obviously it would not matter much down the road.
my mindset currently runs, have money to invest, invest on market and stop thinking about it. long term it does not matter at all and i'm a lot less stressed about my investments.
we must endure the 90% loss to benefit from the 2000% gains
-40% is a good day.
ugg. this meme again. wsbs options traders would like a word with you, welcome to the world of -150%, meaning you fucked up selling your calls.
crypto traders not knowing about meme stocks or options 😳😳😳
this is literally just a repost.
40% loss? you must have not thiscovered bsc shit coins yet. i've got some with literally 99% unrealized loss. lol
i feel welcomed here 😎
trading crypto has actually helped me in other aspects of life. after seeing 60% losses and even larger gains i have kept my shit together in every situation since.
options market is the worst, you keep losing even if you do not sell
but i am both 😵
i bought wish that was an eeeeeeasy -40%
buy the dip for that x100 gain🤣🚀
it’s relative because stocks will take just as long to gain 10% so losing a few percent hurts those holders
so true its not even funny anymore. lol
do both then you can be -42 😉
a 5% daily swing ain’t nuttin
dips are for buying.
completely healthy market conditions
this reminds me of stonetoss, january 18, 2018.
cryptos really fucked my perception of loss when trading stocks or even options. i just don’t know when to quit and go down with the ship
my chinese microcaps would like a word. what the fuck was i thinking? i cannot even remember.
there are some easy buys for the lazy in binance us. with great potential.
just keep buying down your position. if crypto temporarily goes down from when you last bought buy the dips…don’t sell. just buy down your position. been doing that for years and always come out ahead. currently holding a lot of vet coin 😎👊. big fan of their projects and it is built on eth.
exactly this. if you can’t handle the drops, you don’t deserve the gains.
\>2000% imagine being this fud
is that really desirable? just asking...
only difference is we are not literally risking going long on . also crypto options traders would like to have a word with you
who says i’m not balls deep in both?
on every single crypto sub
exactly. it's retarded. glorious.
you can do options in crypto, check out lyra.finance on optimism.
"if you cannot handle me at my worst you do not deserve me at my best" \-bitcoin, probably.
you’re asking the wrong questions
lololol based on your user name…. i can make some good guesses. hahaha most cryptards think they special tho.
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yes, here we baghold shitcoins for months on end cause a bunch of strangers say “it’s gonna moon!”
we do not use %'s here unless it is atleast 4 digits. 2x 5x 10x works much better.
can't wait for the friend to experience a proper crypto "correction" 50% dip? that's for chumps, and that is when you still buy. 80% dip too much, then get the fugouttaheeere!
3%... pfffft... i've had my wallet go up 200% and turn into a 50% loss in the time it takes to have a proper shit.
funny how 2x return in stocks is amazing but just another day in crypto
look - imma buy some shit if it contines to fall i dont give a fk what mf chicoms have to says about it
damnit this is so spot on.
we ride pump and dumps
i’m a simple man. i buy mana when in it’s the $.60s and sell on the run up
wish i could actually get my friends to “join crypto”
haha 30% up is just a beginning
wait. you guys have gains?
this is the type of content i was hoping to see when i came here
unless i can buy lambo or end up in a cardboard box, then i didn’t do it right
you are unaware of the options markets and leveraged etfs that smart money uses to make huge returns in the stock market. you meme tries to be funny but is really just uninformed.
i think you mean "strategically allocate capital, utilising a sophisticated speculation strategy based upon sound fundamental analysis...on shitcoins."
sounds like the stock market
this is very true
every percentage dip is an opportunity to double down again baby lesssss gooooo.
my friend sold solana at 27 because it did a 30% up and he thought it was amazing 🥲
i guess you’ve never traded options?
i’ve been here since feb and every time my account goes 2x some bullshit happens!
never traded options huh
no your gonna lose all your money
not this year. there's some sort of big update in 6 months where they will introduce their ecosystem or whatever.
i just close my eyes and press buttons until i receive an error because my bank account is empty
we’ve all been there at some point right? i mean i sold , i bought at .03 per coin and sold for a mere . that was a 40k mistake, and that was one of my cheaper mistakes 😂
this here! crypto thinks they’re so special lol. even shit coins don’t expire worthless
okay, let us weigh our options here. 1. you can do options trading with stocks, and pray to god every night shitting your pants and losing sleep for a 50x while literally risking going long on 2. you can invest (as in, not risk going long on rope with options) in crypto and get a 50x in a week with infinitely less rosk 3. you can do options trading with crypto, and pray to god every night shitting your pants and losing sleep for a 50000x while literally risking going long on pick your poison.
this shite made me spit beer and pee a little i laughed so hard!
i staked my shit on shiba swap at the beginning. but now i got a few other accts hodling it
just wait until there are retards on here posting their loss porn of liquidated positions on btc and eth.
if this sub starts shilling shitcoins then it is all over. will become another
100s of millions of dollars worth of longs & shorts get liquidated nearly weekly in crypto due to massive volatility im so fucking excited for what's to come on this sub.
hahah i wish i had the balls of true retard and say r. maybe i should dedicate . on the positive side…. you only need to hit once. but on the negative side, i’m probably too retarded to hit once.
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so yer saying you made ,000 in a couple seconds basically
fuck you, and congrats!
wow thats amazing. i can only dream of pulling something like this off
this is actually fucking huge, congrats! i’d give a thousand more upvotes if i could.
nice! i was wondering if this would have happened.
this is great. but also how is liquidity so fucking low for the world's biggest exchange for what should be also the world's crypto pair : btc? this is absurd that even a fat finger can push the price so low. imagine if a big player has to sell quickly. we will actually crash to 10k permanently. not a good sign at all. edit: this happened on binanceus and not binance, feel way better now.
wtf, that’s like winning the lottery lucky. congrats!!
congrats my guy! i had similar success with limit orders on this flash crash... feels good :-)
that was your line! congrats and fuck you sir.
i’m so gonna try this
holy big tits batman ' gratz op
i wonder how much this company lost. someone’s getting fired.
i feel almost as happy for you as i feel sad for the poor soul that sold at that price lol
is there a chance that binance freezes your account and ask for it back stating it was some sort of a glitch of some kind? i felt like i have read about something like this before where that happened…
youve had ? lol. this is just catchup then really isnt it…
i've really gotta start putting up orders for these flash crashes
god that’s amazing. i thought this will a loss porn sub?
i just wanted to ask something related, if i put a buy limit order on a desired price, it will expire in the future or be kept there until the price is met ?
no way is that for real? that is epic
fuck im so jealous! 😭 well done sir
i had a similar one for eth but the market ate before my limit was hit. and i should have moved this order up about a week ago and did not. 🙄
what i still not get is why anyone sell a whole bitcoin for 11k lol congrats and fuck you
can i have my bitcoin back
someone is going to long rope from having set a stop loss on bitcoin 😂
damn. you got lucky son. good for you!
congratulations, and fuck you.
they may go after you, be careful 👀
you lucky bastard, hookers and blow!
that’s awesome man congrats! going to start placing low orders just in case... they might get filled hahaha legendary status 🙌🏻🎊🎉
fuck you and congrats!
you just made a free 50k today
congrats and fuck you.
basically you picked up a 50k thisregarded lotto ticket off the ground! congrats!
i'm kind of jelly.
so you just randomly set aside 11k just for this? either your not using your capital correctly or you're a genius, in this case you're the latter loool
rip to the poor bastards that set stop losses
withdraw it before they freeze it lol.
almost makes me wish i used the shitshow that is binance us
i've been thinking the whole day whether someone managed to pull something like this off after binance's flash crash. well done mate, it is nice to see it!
congrats op, you never know when random events are going to happen so it is pretty impressive
hehe nice one 😁
what do peeps mean by a trading pair? is that different than just buying btc?
i swear i would have cursed tradingview for showing up wrong data lol
didn’t this happen on a huge scale with mt gox once?
you have that 11k setting there in your account , congrats dear.
eli5 how can this happen?
huge w. sure it sucks to have that money tied up in limbo for 2 months but that’s a quick 600% gain lol
i use binance.us it doesn’t have option trading option? do i need to apply for it or something?
most based thing i have seen today
everyone will place stupid low buy orders now lol
you are literally the luckiest person in the world mf can sold btc after 1 second of buying it and still have approx 6x
so that is why bitcoin is down
i was awake watching eth plow north, i saw this happen and it affected all major coins, even on coinbase pro! pissed me the fuck off‼️ market still hasn’t recovered, fuck binance, they prob set that shit up 🐋💩
they’ll be asking for there 50k back in a day or two. good luck. or nice score should i say
yuppers. finally made a good move after riding my 2017 portfolio down from . so i count this as luck not genius.
just trying to get back the 10 btc i lost fucking up on 2017. or the 5 btc i lost to a ponzi scheme. so yeah, still a retard.
binanaceus has a lot lower volume compared to big daddy binance i guess.
biggest bitcoin pair is binance btc. binanceus btc. with 2,6k volume. you can see all markets in
it has nothing to do with binance. the seller fucked up and lost his btc.
they do not sale or buy the bitcoin, you're buying and selling off others.
hope not and i already moved it to coinbase pro.
i raised about . so i didn’t have it last time btc was . been waiting for the dips and still waiting for the coming bear market. prob going to sell this btc towards .
put a stop limit order instead, and no it would not expire.
posted proof of the trade, check it.
they dont. they market sell.
yes same deposit address as last time?
already in the wind. i got it out of there quick.
you can check all btc trading pairs here you can buy btc with a lot of crypto and fiat currencies either straight from the markets or via some ”buy bitcoin” service (that usually also buys them from market and takes a service fee)
sold alts into may or so ath and raised about .
i have more waiting to deploy, trying to be patient instead of greedy like i was in 2018.
not allowed. this was a spot limit buy.
i turned 40 this summer so i don’t know what that means.
for a day at least. you should see the rest of my luck resumè.
the btc is already off venue.
that is mr. binance us shill to you. 😂
congratulations and fuck you lol, that is amazing
can,someone smarter than me explain how btc can do a wild swing like this or are we looking at a glitch on an exchange? if its a glitch my faith isnt very good moving forward
op please explain how the fuck you rode your portfolio down from . leveraged futures i’m assuming??
congrats and go fuck yourself
how did you go from ? i am more interested in that lesson. did you hold some alt coins during the bull market and refused to sell thinking they will be worth more?
michael, what have i told you about saying yuppers?
not as bad as my story turning down 5 btc for
don't worry man, someday i'll get back the hundreds of bitcoins i gambled away from the time it was .
thanks. this is key. binanceus is indeed different.
smart person, i was going to suggest that but you are two step ahead of me
nice work man :0
the stop limit order would not expire or both ?
so a trading pair is not a different asset? its just a chart with bitcoin and usd price on it?
take 11k of profits and do the same thing. hodl the rest lol
if you're confused by language used online, try using urban dictionary.
but hes still down like 560k lol
some idiot bitcoin millionaire probably decided to ”sell market” thousands of bitcoins, in which case the exchange tries to fill that order from the available buy orders, no matter the price. since binanceus btc(someone can probably check how much, and probably dig out the actual sell order) this resulted in flash crash. anyone can place a buy order for bitcoin like 1 btc for 1$, but event like this is extremely rare and would never happen in a high volume trading pair.
this is a statement made by kraken after investigating the flash crash somewhere on 22 february: 'it seemed that price feeds were broken, but what was actually happening was that a complete decimation of order book depth made the process of price thiscovery near impossible. when there is no market depth remaining on an order book, there is nothing stopping large market orders from whipsawing the price of bitcoin or eth'... 'medalie added that what occurred on kraken earlier today was indeed a flash crash, describing a - complete decimation of market depth, as market makers quickly pulled orders from the book. this temporarily caused prices to plummet, only to rebound once market makers adjusted their positions.
possibly someone fucked up on their limit sell price. or a market sell was entered at the exact moment there was no higher buy limits and this order was chosen to fill. op's lucky as hell
meet kevin has a youtube video explaining how this possibly happened.
here is picture of the trading pair chart
binance explained it was an error in their clients trading software that caused a glitch... they said it’s been fixed
hodling mostly, with some over diversifying during alt season 2018 (bought some tops and held things that went to ). then my life imploded and i lost my business. had to cash out under . rebuilt, sold alts i bagged into strength earlier this year and used that cash to place this yolo limit buy a couple months ago. my luck. either all good or mostly bad.
i think many people don’t know how crazy a blow off the top can be. you hold thinking it will keep mooning, laugh at what you think is a bear trap and then your face is melted and slurped up with a straw.
yes for the most part. i got in to this following literally a schizophrenic guy (didn’t know that at the time) who said things like veritisium would be life changing (it was 30% of my holdings at one point). he also pushed ltc as silver to btc gold but that has done little to nothing. add some bad life luck where i needed the cash and a little bit of panic selling. live by the alts die by the alts. i also lost (and ). lost what would . i am just as stupid as i am lucky it seems.
to be fair, it probably had close to zero value at the time ;) it’s always easy to say your dumb in hindsight.
learnin’ can be expensive and is worth it i guess!
was offered to buy bitcoin back in 2012 and i laughed at the thought of crypto… i’m there with you.
one just like it called bitpetite, was in it for less than a week before the rug pull. my buddy gave them 260 eth and 5 btc.
started in dec 2016 following that fucking shitwizard clif high. whose predictions were pretty good until he said we were going from “(2018)” so i hodl’d more and by july we were at (unrelated). if i were smarter i would be a millionaire right now but that’s life!
trading pair is two different assets traded against each other for example btc and usd (btc) or btc and usdt (tether, btc). dollar doesn’t need to be involved, there is also e.g. btc.
good bot? and can you pick from the very long list i found when looking there as to what this person meant. the problem with slang is no one can say exactly how another person meant it. that is why i asked i guess.
give it a year, he will be up 560 million... zimbabwean dollars.
the other thing here is the recent fudsters who predicted btc would crash back to 10k are now off the hook, think about that for a sec
i’ve learned so much from bitcoin, it’s that teacher that keeps you engaged every time class is in session.
it was apparently some institution's trading bot.
nah that wasn’t it... that wouldn’t be enough to cause anywhere near this dump. it was a glitch
"idiot bitcoin mellonhead" i doubt they are morons, they know exactly what they are doing. thats why they are btcs mellonairs
that’s basically them admitting that their exchange had very low liquidity (at the time)
seller unlucky as hell lmao
only idiots do market orders. limit that shit.
interesting thx. congrats to op
so this can happen whether the volume is high or low , right?. u just need a stupid person who has put a low buy price.
all the while exchanges are congested and grinding to a halt or down, while fees are through the roof. come prepared or leave empty handed.
yea but still, . still haunts me
i figure one of these days i'll end up making a pile i just do not know on what yet
260 eth?? that is about ,090,0000 right now... wow.
well, i think you are a rockstar! sorry to hear about the implosion, i know life can get very rocky real quick but hopefully you have recovered from it. keep doing what you are doing and i bet you still make it to the promise land. hopefully, i will be there with ya! cheers 🍻
well it didn’t crash really, not in any other market or trading pair, just this one and for a second or so
from what i gather, yes. i would guess it is more likely with low volume, though. op probably is not feeling very stupid right now lol
if a stupid person made ~, i want to be the dumbest sumbitch this side the mississippi
i got like 5 or so btc and a few thousand doge in some wallet i opened up many, many years ago as a joke in my 20’s and that i will never ever be able to access. so yeah… :/
yup. he doesn’t speak of it.
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seriously though, i would need an accountant to spend days figuring out the mess of coins i swapped back and forth.
thankfully there is no wash sale rule.
the way i trade, i'll never have crypto capital gains. suck it irs.
fuck taxes. just yolo and hope for the best. worst case scenario, you go to jail and hodl a bit more. more likely, you get hit with a fee and a slap on the wrist.
do you have to do each trade or just sum it all up at the end to -???
vamos ya la ayuso, meme en wallstreetbets, qué tía, qué culo camilla
this will forever be the way🤣 try debank for portfolio tracking‼️
does that apply with a net 10k loss?
they cannot tax you for hodling.
we're not going to white-collar resort prison. no, no, no. we're going to federal pound me in the ass prison
irs: "you need to compile all your activities for the year, determine what you owe on your own and then pay us" also irs: "we already knew what you owed before you filed and your payment is off by a few bucks. enjoy buttfuck prison!"
lmao this actually made my laugh. like they cannot possibly bother with all that shit so why not just save them the time and do not report anything. lol
lmao irs is crazy
how the fuck does your government even tax crypto? wasn't the whole point of it all to be anonymous?
use [bitcoin.tax]( or similar and get that shit into a good state. you still have time to mitigate tax liability through trading. please be smart about this, you do not have to outsmart the government, you just have to pay what you calculate you owe so they spend their energy going after someone else.
i use koinly, free versions works well, auto syncs wallets and everything
this is exactly why i only use 1 robinhood account…... because i’m scared of tax laws 😨
just sell for cash man
for now. ☹️ when they apply to crypto, it’s going to be a nightmare with how often coins are flipped.
she do be thick tho damn
hahah isabel díaz ayuso a retarded psycopath president of madrid
never forget. al capone was done for tax, not the other shit.
this is terrible advice. you will not evade the government and it is foolish to try, especially if you make large amounts. they are not to be trifled with. it sucks, i agree. [bitcoin.tax]( is how i track things but there are other choices. edit: you will owe what \*they\* calculate plus penalties and interest, payable upon release from jail if there is intentional tax evasion.
bruh just move to malta you'll be like "what capital gains?"
best way to ensure you hodl is when you are in the big house
normally, a legit us kyc exchange will send you a 1099 profit. but the us has not enacted such a law yet for crypto exchanges so you'll need to do your own profit.
sum. there are programs online that do it for a fee. kinda confusing though.
biden proposed taxing billionaires on unrealized gains. if that ends up getting passed, who knows, maybe it’ll start a domino effect of taxing less wealthy people as well
irs catches you not thisclosing a .49 gain, the next thing you know, you're on all fours begging for mommy at rikers.
at it is core, a blockchain is a permanent immutable record of transactions. it is a shitty place to try for anonymity because your identity only needs to be decoded once. private chain analysis software even watches and ties account activity to ip address.
1. the gov needs to get its grubby hands into our pockets for any possible reason. 2. the banks “donating” to legislators want to kill crypto. result: categorize it as a taxible asset, subject to capital gains, just like stocks and real estate. i’m not advocating tax evasion, but maybe if you just buy monero and use p2p exchanges to swap for what you actually want to buy, it could be harder to enforce tax laws. but take that with a grain of salt seeing as idk for certain. and once again i’m not saying that to promote tax evasion or explain how to do it.
also, cause you do not like making money.
i did not realize people here were as notoriously wanted as al capone. yes guys, if you are one of the most famous gangsters in the country, then be sure to file your taxes right. if you're an joe schmo who made 400 bucks making a thousand trades, then just try your best cuz nobody gives a fuck about you
nice try, irs. come and take my xmr.
what if im staking?
jail is the best hodl strategy
for comparison, what are some other legit apps for helping with taxes? i’m new to crypto this year and don’t want to screw myself come tax time. thanks
as far as i’m aware, kraken doesn’t do that (yet)
doubtful, because the unrealized gains are a problem since rich people just take out neverending loans on that value. joe retail worker would not be taking out loans on his 2,000 dollars in gme unless he is just putting up collateral, which is not nearly the same thing. two different ballparks.
that is how it happens one min your driving your lambo...you stop at a red light and a blacked out van pulls up rips you out. they take you to gitmo and interrogate you over your 😆 🤣 😂
it's called kpis and you're low hanging fruit, my friend. who's gonna roll over with a threat more easily? you or a hnwi with a tax lawyer on speed dial...
man i got wrecked by taxes in 2018 and i got liquidated. i'm just trying to save you a similar fate. privacy is not a way to dodge civil duties nor would i advocate for such a thing.
staking counts as income based on the market price at the time of the stake. besides making the rich richer at the expense of the userbase, staking benefits the government in an incredibly lopsided way. staking is not the way.
so now it’s not al capones they’re after it’s low hanging fruit. that flip dipped fast
almost everyone here is too retarded to understand your advice. this is still wallstreetbets.
'civil duties' = resisting the government taking half my money to spend bombing people half way across the world...
wau, your smoothbrain level puts you top of my shitcoin launch subscription. deep level fa on all trades type.
i don’t trade crypto i just reply to any of the tax comments that compare people to fuckin al capone because it’s the dumbest thing i ever heard
sure, buddy, sure... you also apparently lack a basic comprehension of englanthish too.
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only one wallet wins
not if i had 2,000,000
did he start printing words instead of money?
maybe he is dumb enough to yolo 😂
i mean if jerome said it, it’s obviously true. why question him?
thats why i invest in trolls token i do not want to be homless i just want foking lambo man
now talk about how much money ppl made off of other cryptos last week
should have put it in catgirl!
ask the government for help
if you invested the same in dogebonks, well, now you can be showered by jeff bezos
print them up another one, that’s what you would do for all your rich friends
i think it is just someone impersonating as powell.
if i invested a million in a shitcoin it would be because i was a multi-billionaire
if you burn 1 000 000 dollar bills to warm your house because energy is to expensive to use nowadays, you are not homeless
people still buying it 😂
jokes on you, i do not have a home!
if you invested ,000,000 in shiba inu coin last year you’re now one of the richest people in the world
foxgirl has much more potential
how dare you speak ill of my memecoin! fuck this and fuck that... nah just kidding. i hope yours moons too brother 🚀🚀 see you at the lambo store
moon is just beginning, see you at mars 🦍🚀🚀🚀🚀🚀🚀🚀🚀
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marketmove to parallel universe
how bizarre... i have feg and mana... never in my life would i think nasdaq would put feg on a buy list lol
except for mana and move i havent heard about the rest, are they worth looking into? anyone here investing in feg, sure, ioen or rgt?
bought this at launch, 1300% profit now. this team has had interviews with financial times and bloomberg, has been running a successful ai company. i believe it has 1000x potential from now in 6-12 months.
thanks man, invested after your dd post
i invested in marketmove a month ago, i still like it. i'll hold, seems like it is got great potential
can someone nae make me a dyor on move
🌐 marketmove ( marketmove. ai/) is an ai-driven cryptocurrency research and investment platform. the tool promises to save time needed for research and trading, making the whole process much more accessible and lowering the entry barrier in crypto. their team state, that using this tool users can thiscover new promising tokens, perform automated contract audits, trade in a decentralised way without the need of kyc, track social media and news all in one place, and much more. 🔥you invested in the project, the team, the vision, not the chart 🔥
when was nasdaq right about anything?
last time i made a due diligence on . see post [here]( nasdaq just listed it as top pick for 2022!! nasdaq article [here]( bullish!!
mm are it the core of my portfolio, because i love myself tot much to not to.
move number one ... to het rich in 2022
... the nasdaq is recommending shitcoins? this cant be real
love me some marketmove!
did anyone pick up strip? looks like it started trading on the 16th. i’m up a decent bit on it now.
yep already -50% on this play. ill be rich soon.
op you're mistaken that is an opinion piece from investorplace.com. it's just linked on nasdaq website. nasdaq never provide recommendations they just link some external articles from financial websites
feg is there... i have some doubts pal
my first thoughts on marketmove upon looking into it is that its some garbage, team has absolutely 0 background it crypto it seems.
well if enough people read the article and buy then it should pump, naturally.
i just sped into move lfg
feg to the mooon
wait is this real? really real? nah...
because of you, i have made over 600 usd out of a modest 100 usd investment. hats off for this tip.
you have möst of their picks 😂. you are missing move i made a due diligence on . see my due diligence [here](
feg has a great community lots of inovations stedy growth. don't be scared by all those zeros in the price if you look the tokenomic paper you would understand why it has such a high supy.
feg is going to go wild once the whole platform is finished and polished, the tokenomics are there for it to explode.
i just went all in on move... unique use case, doxxed team from google, boston consulting, intel... low marketcap... the returns are way bigger than the others that are on the list
im in on a little feg from a few weeks back.
wish i could have bought around launch. but i was talked into it before a decent listing and i think i've got a pretty respectable amount. maybe i'll get more once i hear more good things about it.
where did it launch on?
lovely! let‘s hodl until minimum 1billion marketcap bro! this is my moonshot token! yolo play for me
how could you invest in a project which tells you to buy at 8-10% slippage? doesnt this set alarms bells of for you? o yes i would like 1 million please, take 100k from me because i want to buy this coin... smh
last time i made a due diligence on . see post [here]( nasdaq just listed it as top pick for 2022!! nasdaq article [here](
cool! you should‘ve bought more during the dip 😂👌
where do you recommend buying ?
cmc says it’s available on pancakeswap v2 but i can’t find it when i put the contract from cmc. anyone else have this issue??
maybe the rest... move in my opinion is a gem last time i made a due diligence on . see post [here](
damnit must suck being that ignorant, do you even realise what market move is trying to achive?
noo. nasdaq site has a part that acts like a blog. they just link some other articles and stuff from random writers. this is like an opinion piece from a website called investorplace, it is not directly from nasdaq
ohh... i went all in on move man. yolo play for me and will hodl. minimum 5 years. 😎👌
not down anymore lol
you bought at ath? just hodl... we are inching our way up again...see, this token is not your usual bsc hype coin. it is a long term hodl. if you are looking for hype coins that will 100x in a week or so, move may not be your best bet if you are in it for long term, the dip may work for you... you can take advantage by buying more to lower your average... just like amc or gme brahh... im on those too... diamond fucking hands 😎👌
ok landing on nasdaq site is still good for publicity
for feg they might be wrong... lol. for move they are 1000% right👌
oh yeah they are definitely wrong about feg lol
but you see they are fast in creating the utility some other projects just all photoshop no tech no utility... it doesnt matter if they are new in crypto you can believe in them because they are experts in doing business... i mean doing successful business...
they have been crypto investors at first... they have another artificial intelligence company called sigmoidal.io and it caters to wallstreet folks. while creating tools for their hedgefund clients for the stock market , they realized they can create one for crypto too... check the backstory on this altcoin daily‘s youtube [video](
you have got to be the most ignorant person in this sub😂. majority of the movers are in the long run because the believe in the team and have had personal interactions during amas and what not. i'd advise you to dig deeper into this, join the tg, have the chat with the team, get to know the community, read the whitepaper, and them come to conclusion :)
it‘s pumping now. have you seen the chart? 40% up
pancakeswap , coinsbit or indacoin
ways to buy [desktop]( [mobile using metamask wallet]( [mobile using trust wallet]( [pancakeswap]( [coinsbit exchange]( [indacoin](
i just check i got 100,000 of
thanks! to the moon we go
you clearly do not understand the tokenomics if you're saying this, the buy. this is definitely not a red flag. move diamond hands are gon keep holding long after it gets listed on binance. also, if you do the contract audit of , you will notice that the dev can change the tax at any given time. which means the team intends to lower the taxes in the future
buy and sell taxes as per the tokenomics...it is on their whitepaper. can you check and let me know what you think? if you hold long enough, you will get it back via reflections. once they list on binance, sell taxes will be removed. reflections will be replaced with staking this project rewards long term holders. if you are a swing or a day trader, this may not be for you
you can buy it without slippage on exchanges.
okay the bot comments in here are getting out of hand 😑
you can buy on coinsbit as well
contract address: buy slippage on pcs: 8-10% try on poocoin too. bsc is lagging right now. you might need to increase slippage if you are having issues
aight...landing on nasdaq main homepage is still good publicity for the tokens listed
i put most into move and a small amount in strip. move is important to get in early due to the buy.
realx, its money im willing to loose anyways. will see how it go at the end of the year. for now im not buying more.
have fun moving all your money into someone elses wallet lmao im good
holy fucking christ...who of you apes is working for nasdaq?
will you make another due diligence? move already 10x, thanks man
keep it. that will be worth a lot someday
have any coins with reflections been listed on binance? i picked up some yesterday and up nicely, plan on holding long term!
buy sell taxes are for coins who are scared of how the market works, i call them retard coins.
which one? i copy pasted... not a bot 😂😂
of course but for the sake of accuracy let us not say that nasdaq "recommends" these coins. uninformed folks might think it is a signal to go all in when it is absolutely not 🙂
you got it right bro!👌 and move‘s market cap is soo low . it is the best time to grab a lot! lol
gotcha! i actually doubled down when it dipped. they have a lot in store for nxt year too so im sticking with my original plan. hodl until binance or at least 1billion marketcap.
have fun moving into your mom's basement because you din invest in move ( just a joke) you're obviously entitled to your opinion, i was just suggesting to dig deeper into it, that is it. goodluck with all your investments :)
hey congrats on your win man... but i wont take the credit. i just shared my dd. end of the day, you were the one who made the decision! smart decision you made there. smart move! lol... i will share some dd once i find another one that i think is a real gem. takes time to find solid gems like move
bro if we live in a world where only 100,000 move ends up being worth anything significant. the both of us are going to be some insanely rich men lol.
nope, once the coins get listed on a reputed cex, they have to automatically turn down the reflection feature. so market move does intend to get listed on binance some day, so until then let us enjoy the reflections while it lasts
any coin in its early stages has to take the necessary steps to keep sustaining in bsc. you seem new to bsc
that's what a bot would say
what would you expect from a shill post after all?
fairplay, only time will tell
thanks man. it was not life changing since i did not invest xxxx but still, nice gain during this market. following you for more dds. let hodl until we see another 10x :)
lol... dude, at 0.1 assuming circ supply is 200b, it will be worth 10k and the mc is 20b by then. at 0.01, it will be worth 1k and mc is 2b. 1k for some maybe significant 😉 i have no doubts we will reach 1b marketcap someday. at 1 b marketcap, it will be worth 500usd. still not bad right? haha just hodl my dear friend. i have yolo‘d on move and will hodl it whatever happens. i have full faith on the mgmt and dev teams. have you seen the roadmap and release of safety audit 2.0?
glad to know you are still holding buddy! 😀
what about coins with just “taxes” and no reflections? wondering if they could maintain the tax
ive been using bsc since it launched 🤠
hahaha no... see your profile is wearing a green hoodie. captcha 😂😂
does he still seem like a bot now? when he posted this it was worth 0.0001. when he convinced me to buy it was 0.00003.
cool brother! my plan is to hodl until at least a minimum of 1b marketcap or until binance listing. this token is still undervalued. it could even go beyond 5b marketcap. what you have now will be lifechanging once we hit billions in mc so hodl is the best strategy
hey do you have any idea why the price is so low on coinsbit right now? i should have over 4x my initial investment according to coin marketcap.
im ok with it... it helps fatten the development and marketing wallet. both are needed to develop a new project. ive been in projects where there are no funds and the projects just died...
sure, just let the time pass :) cu in the million dollar club
move it back to trust wallet man... you can arbitrage. buy cheap at consbit and move to twallet
we already knocked down one zero!
actually also pirate chain
so far my only flop investment has been refineable (fine) but fairplay
that's a good strategy. thanks man
man i am up over 10x on my initial investment right now. it feels good. apparently the big marketing has not even happened yet either. can't wait to see more growth!
that’s freaking awesome brother! i see you are a strong supporter now! move is the real deal!
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take my upvote. well done.
the hype to 100k is real :)
my money is not the only thing going up in uptober
this is art. nft this, easy ,420.
i hope this becomes the most upvoted post ever
lmao. how can i save this?
this is the type of content we need on this sub
what's the name of that song? lt will be my uptober soundtrack
lmao what a great video!
this is fucking dope
rip avicii ... song is 🐐ed
i lost it at the rally car part lmao, great clip
my favorite thing about the degen apes are the videos like this that get created
brilliant, well done sir!
crypto and the all blacks, could this day get any better?
wake up wake up
later i m gonna give you an award
made me feel good
this was good. got my baby raging with me to it
thanks to you i am now awake
we literally cannot lose until we do
the time is here!
laughs in jasha sutterlin
go all cardano guys! let’s send it to the moon 🌙 🚀🚀🚀🚀
i fucking live this mother fucking video!
take my awards you piece of shit.
this is fucking gold 😂😂
caught the pump today nicely. check out my livestream with signals, targets and stop losses!:
video downloader for reddit
shib, safemoon baby let us goooo
thx mate. my neighbors will appreciate it ;d
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😂 nice artificial dip to snag up the thiscounted coins
china is so hot right now! covid, evergrande and now another crypto ban. leave some news for everyone else!
*checks crypto market* i'm not so sure about that chief
china cannot build a building without it falling apart from gravity literally this is a good thing for crypto
they ban it every couple of months do not they? i think xi jinpimp is a crypto day trader.
cardano gave no fucks
nice how it happens when bulls are about to cross ... damn bears are chinese, not proof, but gives me a strong suspicion.
if you ever want to buy crypto as a country, just say you are banning it, buy a dip, then say nah just kidding.
luna and axs did little downtrend but its already above the line.
just allowed me to buy the dip.
lmaof so true all our problems begin with china the last three years 🙄
their loss, our gain
hey, did you guys hear about china?
the market does care cause the hedgies dump crypto
thanks for the thiscount xi pingping!
let's talk when we are 50% down
the markets begs to differ. lol [i need karma]
i’m sick of china i sold all my crypto with a china based hq and you should too. team usa! and others. no more china anything for me.
this good for my dca tho
we need to insure that education is knowing the psychological games they play with market are merely that. they are their to scare off the uneducated. this is the stuff dream are truly made of here. i am stoked to in early on the cusp of true un harnessed potential freedom.
the less exposure we have to them, the better. shit is cash, dawg.
every couple months china ban crypto headlines go up, can we get a ban on china bans crypto headlines???
last time china said that, btc went on a x3
panic sell festival, entry fee 90% portfolio
i’m gonna buy my btc on aliexpress now
my btc-puts cared <3
bahahahaha made my day
china are the ones benefitting. they buy it, watch the price rise, sell it, then crash it. rinse and repeat. they know exactly what they are doing.
^ this...got me some sweet deals
the paper tiger is trying to force citizens to pull their money home. we may see some good buy opportunities if this is the case but china is not the seat of power it fancies itself.
funny thing is it is all news that was known weeks ago by anyone who's actually following it. just because us narrow minded apes did not see it until now leads to overreaction. i myself am happy because i did not have cash for the previous dip, so i loaded up today.
when chinese have nothing to do and nothing to show off they just ban crypto again to the hot topic of thiscussion... and apes f***ing dont care
you must be new here. coins are up hundreds, some thousands of percent in just one year. this is a drop in the bucket in that context.
we do not get excited about 6% dips around here. wake me up when we're down 50%+.
you were just looking at the initial panic before the rest of us bought in on the thiscount
the china ban news was recycled by china&us media companies probably directed by their powerful owners who were holding options about to expire in the red.
oh no the rich people who have a vested interest in crypto in china are very pissed. probably especially due to evergrande. i am just fucking around though. xd
i tend to agree. china is trying to reign in the free market but what they are doing is causing everyone else to pull out of china, which i feel put a pretty huge drag on their economy. i could be totally wrong, i have been plenty of times, but what this says is that the ccp is terrified of vast sums of money leaving china, and that tells me that china is expecting a pretty heavy reset, after two decades of mind boggling economic growth. they are trying to close the exit points when the yuan takes a nose dive.
are you okay bobo, bobo are you okay?
wake me up at 70+
well, there is been talk and good evidence that the yuan has been purposely kept supressed for years. if that is the case, then i doubt we'd see a long term shuft in the value of the currency.
reasonable argument. nosedive or the opposite. neither is acceptable in an economy built on the premise of absolute centralized control and stability. until today, i never really grasped how crypto literally decoupled the yuan from chinese central banking control. no wonder they decided to bring the hammer down so fast and hard. even a small move can cause massive ripples through the economy as debt instruments change value overnight and leveraged securities go into violent swings on fractions of a percent. i think it is a fallacy to think that the chinese people actually want a truly free market. what people want in general is predictability, security, and reasonable prosperity. a centrally controlled and super tightly manipulated currency value is just about as predictable as it gets.
i try not to delve that deep into the sublties and mechanisms behind governments of that nature. the iron fisted style they employ does not really allow sound financial thought much wiggle room. control and maintaining power are the only constants they track.
completely on point. china just doesn’t want to be second at anything, and this ban hurts them and helps us.
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both parties got a fair deal in this transaction.
if he spends 8 weeks in the hospital during the bull run he is fixing to wake up to a nice bag. get well soon
he was a good retard. just like the rest of us! :(
women spends entire wedding budget on cryptocurrency and then proceeds to stab finance 12 times. interesting were can i get her number and is she single ?
it’s a better investment anyways
sounds like the guy had the right idea at least he doesn’t have to worry about that bitch anymore.
posthumous knighthood? what a hero. i hope that bitch doesn’t have his keys.
shortsighted, he wanted a bigger wedding for her 😭
guy just wanted a lambo
r.i.p. good luck in wsb heaven where it is all green all the time and always a dip to buy
it was not a mod tho or else it would've of said husband. 👬
this is the way - not the stabbing, the investing.
i wish his cryptos a quick recovery
its not spending, its investing
he really dodged a bullet with this woman, probably would have benefited from dodging the knife too.
a fore-shadowing of my life
i wonder what crypto they bought ?
i just wanna know what coin
12 times! that’s about one stab for every reason why .
he just experienced a ‘halving’
i can’t find a link to this story anywhere. is real?
i hope he stabbed her back. what an absolute cunt.
hopefully it wasn’t spent on shitcoins
actually a good way to run away from the wedding
and they lived happily ever after
we lost a fellow retard. rip.
wonder what the poor bastard moved it into, btc? ada? if it was doge i guess she had prime motive tho
but what if it went up??
if she has the keys and nobody else does she will likely be rich after she gets out of jail one day
it does not say he died. i mean, he probably did but we cannot be certain.
did he die? damn…
not worth marrying such a person though the guy is a jackass for risking their wedding she would remember forever, still
baby i could’ve given you 3 weddings
sad thing about it he probably brought a gem 💎
may our fellow ape rest in peace. amen.
i’d be chapped if i had a fiance that spent our crypto budget on a wedding
she was not in it for the long haul.
i hope it was shibusd at 0.00000500😥
dod he sold tho?
he doged a bullet with that one.
maybe she didn’t like the crypto he chose.
to be fair to the woman, maybe he longed with 100x leverage and got btfo 😂
he's gonna wake up rich
i read it as, “woman spent wedging budget on crypto then stabbed fiancé 12 times.”
that’s how i read it too
she did stab her last fiancé so she’s probably single!
that is literally how the headline reads. are we sure that is not what happened?
they spend all their time in journalist school teaching them how to lie. no time to format a headline.
if he is still alive, he dodged a bullet like neo.
12 things i hate about you starring heath “digital-“ ledger
no that would be the divorce
rich and not married to a bit...spiteful woman
yeah journalistic standards are absolutely in the garbage, you are right that is what it says.
if only he could dodge knives.
if you can dodge a wrench, you can dodge a knife.
he did dodge a wench
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does anyone else have modest dreams for if they ever hit big? like i don’t want a lambo and a mansion i just want a nice little house, a tesla model y, a dog, and enough money to never work again.
when tesla? the irony being crypto folk hate elon
soon gonna be thx shib
i saw a black model s with "get btc" as the license plate. looked a bit older than this one.
to be fair, the model s plaid tops out 268 mph and can go 0 - 60 in less than 2 seconds. most stock lambos like a gallardo or huracan take 3 or 2 seconds. and have similar top speeds in the 200s. verdict: the plaid tesla can scoot, but it’s also impossible to buy. edit: now that i’ve done this research. definitely considering tsla calls and vwagy puts. edit: because america likes to america, that’s 268 kph not mph. which is to say, it was track tested up to ~170 mph which is still fast as fuck, boi. a cessna 172 tops out around 188 mph. so, assuming you had a clear stretch of road, you could compete with a light airplane in an ev . . . for like 50 miles until the battery said *fuck you*.
honestly, teslas make lambos look stupid off the line. if you’ve driven one, nothing else really compares.
when ev? is the real motto
i saw a model 3 “dogebtc” in montreal last week😂
he got a big booty bitch in the passenger seat!
i believe every one has different dream cars you know.
my boy is about get the
is that lark davis?
that's like painting a target at your back
haha, love to see it 🤣
when people assume people buy lambos and ferraris for speed 🤦🏾‍♂️
what kinda fag bitcoin holder buys a tesla
a lambo doesnt drive itself so a tesla is a still a decent ride.
house with land for myself and another for my parents. hire a professional to invest the rest for my kids.
>model s plaid top source on that 268mph claim? all i find is it hitting 269 kph on a track
it should be a rule, if you get rich with crypto you get a lambo. thats it.
not a lambo tho
what makes you think it’s rwd? i have a performance debadged and you can barely tell the difference between a rwd unless you see the calipers.
lol you're the guy who thinks they can drive fast through bad weather because you have 4wd huh.
sure! here’s an article [in the verge]( about it, and a here’s a youtube [video]( where you can see the speedometer in real time. pretty cool stuff for an ev, though to be fair the stock models won’t have the tires capable of hitting these speeds.
yeah the speed was measured in km. ev's still have a while to match the speed kings above \~250 mph :/
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yeah, that is just a tuesday for us.
40? lol that’s it? i wish
wsb memes stop being funny when...
this meme is so stupid everytime it comes up i feel obligated to remind the crypto noobs that a 3% decline in a stock index can wipe out entire positions when you are using options or futures
shitcoin trader -> -1000% lol
stock traders are boring looser
we get it stop posting this 3 times a week
every week typa thing
i see this all the time
op german, using a picture of dirk müller (german fund manager) or coincidence?
with option traders it is either +200% or -98% in 30min
true it’s a different surf, crypto’s are used to surfing the big kahuna waves.🌊 🏄‍♂️
site suggestions i can trade altcoins ?
my riot long stock + crypto -43%. there’s always a worse play!
wallstreetbets: -100%, margin call, wife’s boyfriend leaves
he...he...he, it is true that is our thisillusioned look "looking" for a brief summary 🤣
crypto is eventually going to burst especially dogecoin or be regulated by sec. time to dump dogecoin hmm
-99% there is always the one guy who will buy it from you for
thank you i had just commented that before i saw you already doing the lords work
it can go the other way to. i'm up 111% on a vxx call because of that little dip on friday 😁😁
that's why options is a dangerous game. not everyone trading stocks is trading options
most stock traders aren’t in options
please find me where it is been posted 3 times a week as your comment needs to be backed up.
op german? if you are trying to say i'm that nationality you are so wrong...
that guy is me if your dumb enough 😂
which is what i’m saying stock traders lever the f up some crypto boiz do too but i’m just saying in general dont shit on a 3% move!!
my comments needs to be backed up? bruh quit your bullshit took me 15 seconds to find that meme on this sub alone and if you search it up on [google]( you get more results than i am willing to count
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winnie the pooh buying the dip probably
how else are they gonna bail out evergrande
who would be able to tell them it’s illegal. dictators do what they want.
looks remarkably like that tuxedo pooh meme.
so this coming bear market sounds good to me just buy the dip monkagiga
i believe it to be. we all investors here wouldnt it be profitable to influence the market & then buy back in when shit on clarence. now this time it could be for 2 reasons one mentioned above the other is bank of china coming out with there own digital currency
not buy the dip but they do short the tops right before the announcements profiting on the smooth brained paper hands
if there is an button, that when hit, results in potentially billions of dollars of profit, there is someone on the other end of that button, who has friends making a lot of money from that decision, this is true of all actions that are as simple as pressing a button. although most likely they do short sales during this time, not outright buying once the dip is there. why potentially win when you can always win?
going into a pooh-bear market.
xi is a smart motherfucker! i sure as hell would do the same shit if i was ruling 3 billion folks
they will continue to ban crypto until 2030 and somehow emerge with the biggest bag of them all
maybe they needed the cash to bail out evergrande.
almost lost my dick in the last sell off. then did some research and saw that china has literally done this every year for as long as bitcoin has been around. i held and now we’re on the golden road to gain parathise!
they dont want their people putting money in defi when they are secretly printing money to cover for their evergrande bs !!!
possible: they found out that satoshi is actually the us government, not some degen, and bitcoin was an eloborate financial trojan horse meant to shed light on black market transactions, so they are getting tf out of crypto.
china want to crash the us, to do so they send these mixed signals
just entered the dip with a 25x leverage btc long :d, streaming it at [
could defs be true - china always playing chess
without a shadow of doubt
that last dip was just a big ccorrection i dont think its dumping for a while...
totally…china just creating dips so they can buy and ride the wave. they need to bailout their evergrande bank so create fake ban on crypto, create dip, buy dip, and let chinese investors back in to drive up prices. dictatorships can do that. china is going to make billions off this dip.
just another a-hole whale...
yes, it is exactly what they are doing...the photo is great, fukin love it
lol who did this
china wants their digital yuan launched b4 they decriminalize crypto again. the yuan will then be their stablecoin required to buy all other crypto. xi's a sneaky dude. or he thinks so.
in the article they said bank of china (boc) was saying crypto was illegal, this and that, but the very last line said, “the boc also announced they’re coming out with their own crypto currency.” what?!?!😳……🤷🏾‍♂️
sell all the gpus!!
no beating communism for zem!
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i have a feeling something like a supply squeeze will soon happen to nano.
i am a crypto noob but i have been holding 95 nano from october. read about it and researched - it really is promising. one of the major use cases can be for international remittances. being from south asia i know how much fees is taken by these remittance companies like western union etc.
i agree with this. the tokennomics of a supply with no inflation and fully in circulation are so primed for price increase. i do not understand how this coin is this low in price still. the fundamentals are also crazy good, i'm going to invest for long term on this one.
agree...bought a truckload, now we wait for the pump.
nano holder here. thanks for the opium. i'll sleep like a baby tonight.
to buy or not to buy? 😅
man i told myself i wasn’t gonna jerk off tonight and you post this? porn in the sub already damn
the fact that it’s feeless and fast is huge. it allows for micropayments, for example, a mining pool recently added nano payouts so that small miners with only 1 gpu can still participate in the pool, get daily payouts, and not get rekt by fees thousands of 2miners users are already getting paid out in nano: as more businesses realize the benefits of nano and they have to buy nano to use it for their customers then it will also help decrease the supply and thistribute the supply even further.
i love that despite everything else that happens in the market, nano is parked at .25 until something says otherwise. every other altcoin kinda loses value unless something is moving it, nano just fuckin' trucks to the right.
i get my nano everyday on wenano app, can confirm 0.2 nano are dormant for sure until it gets to
interesting dd and i was unaware that all nano was already thistributed. it seems inevitable that with a finite supply and an increase in demand it will lead to a push in price. i won’t ape all in but will increase my holding a little.
the great opportunity to get rich is buying when the price is ridiculously low for what it already delivers. not when it is high. nano’s price is very low not because it never crossed the ath mark of . nano’s price is very low because bitcoin is currently touching . since nano proves that it does the bitcoin functions significantly better than bitcoin itself, nano should be worth at least the same as bitcoin <- rational thinking. it doesn’t because most people are emotionally attached to bitcoin with no will to admit nano is already doing what bitcoin was supposed to do. if the shift happens, the early nano adopters will be the biggest winners like bitcoin was back in the early years when nobody believed in it. it is a gamble. but i don’t need to think twice that it is way easier for me to buy 1 nano rather than 1 bitcoin.
when your calculation is realistic there are already not enough nanos left for an huge exchange listening dafaq
that's the dose of hopium i was looking for
what would this be squeezed too? , ,000, ,000 what are we talking here?
nano works like people who haven’t used bitcoin think bitcoin works.
kind of dd that give me confidence to 🦍 all in,i’m gon do more research…yolo anyways
nano and banano are my moonshots. let's go!
nice write up, if those numbers are true very good for the price of nano
many will jump in when it is 3x from here and then the real fomo will start.
a new cycle and a new ath for nano, bring it on!
it's not often you get a coin with amazing tokenomics with technology. this coin is literally the best p2p digital currency (technology wise) we currently have! why is that important? well because everyone initially got into crypto because that is what bitcoin set out to achieve (read the first line of the bitcoin whitepaper) thankfully there has been very little 'marketing' apart from organic growth with community driven events. giving me plenty of time to accumulate as many nano as i possibly can and guess what im not selling any until we hit 3 figures and alot of the nano community are the same and even then i'm only selling a small percentage to cover my initial outlay if anyone happens to care about the morality of the project as mentioned above the nano foundation only kept a tiny percentage of the coins to fund the development unlike other more centralized cryptos. if there was a project to back this is it! green, feeless, instant, becomes more decentralized over time, scalable, fully distributed, fairly distributed- fill your f*cking boots!
“17,000,000 nanos were lost” - no, they switched ownership. the hacker has them.
if i may piggy back, this coin has all the ingredients for a parabolic run like we’ve seen with gme or recently with solana coin. like op stated, the coin is full thistributed, but what’s more is that it’s a relatively low amount in total that is in circulation. nearly half of solanas total circulating supply and slightly more than ethereum. that right there is enough to bet that this coin has massive, fucking huge throbbing green dildo, upside. it will come on fast, sudden, and violent. imo it has the best risk to reward ratio in the market today, and even if you don’t believe that coin is a viable replacement to bitcoin, or maybe you even think it’s a shit coin, it doesn’t negate the strong potential this thing has for a parabolic run. i honestly think it doesn’t make sense not to hold nano.
i have some. i think the micropayment aspect is overlooked by most. with its feeless structure, it’s perfect for this use case. paywalls or iot type transactions are only going to increase over time imo. i’ll be surprised if it doesn’t 5-10x in the next few months.
can i buy it on coinbase
great write up! very interesting
what's the bear case here? i see posts like this for all sorts of cryptos. many of them total nonsense but i've no reason to doubt that nano could be an exception, hence why i've bought some nano.
dumb thought: if all the coins are already issued, what is the incentive for nodes to stay online?
for anyone who wants to create a paper wallet and get your nano off exchanges. shows you how to create a paper wallet and how to redeem it too. use: to verify your nano is in your paper wallet.
since i thiscovered this crypto 6 months ago i'm buying more every months with dca, i strongly believe in it and wished to do a post on reddit too but was not autorized to do it and got ban for a week (crypto publicity)(and i posted on the wrong r). i'm very happy to see this post now 😊👍 i strongly believe in the use case of this crypto for a futur worldwide adoption as currency and (in my opinion) i find the market cap crazyly is undervalued.
1 million peoples cannot have 133 nano, cause i've more. what are you waiting for?
the tokenomics alone are outstanding
one thing about the bitgrail hack - are those 17m nano really "lost"? did the hackers send them to a burn wallet or something? i'm very bullish on nano and plan on holding for years, btw. i just think if we want to operate in this understanding that nano has short supply and that _that_ will send its price up (as opposed to fundamentals and adoption), we should have a complete understanding of those dynamics. otherwise it just feels like phases-of-the-moon double helix ascending triangles on a chart. also, the nano looker thistribution has 21,623,312 dormant nano for... q1 2019. it's kind of tricky how they calculate it: `an account which holds 50 nano and 50 receivable nano have last transacted 6 months ago (2 quarters), a balance of 100 nano is added as "dormant" to the total of the following quarter.` so if we go to q3 of 2021 we actually see that actually 97,711,288.69 nano are dormant, leaving only... ~36m? (honestly that number seems off to me, since i think the exchanges total nano exceeds this number).
i completely agree. this is coming. soon.
i will buy nano !!
tell me how to buy it in ny and i will
this was a great read! i've been sitting on nano since december of 2017. got in around , watched it ride up to , then rode it all the way back down to it is current price. never sold it, and always hoped one day it would finally beat it is old ath. thanks for the breakdown!
what do you think about banano?
why would people need to buy nano if there is no fee(in nano). im curious.
i just can’t believe someone spent an average 30 minutes of their life writing this epistle.
lol bitcoin cash has a fixed supply as well and is now even burning bch via the smartbch chain. its literally taken everywhere btc is. every announcement from some shit ass centralized bank service, the green bch logo is right there alongside the orange btc logo. it continues to 'halve' just like btc because bch is bitcoin. it will have its day in the sun, and most likely soon. what does nano do better than bch?
if you were around for the pain of rayblocks then you know nano is trash
>additionally, we can assume these remaining nano hodlers have the intent of either storing or using them without selling them directly for fiat at least in the near term future, as they are not being stored on an exchange. considering the feeless nature of nano plus it is history of being involved with exchange hacks, this is a poor assumption.
second nano giveaway has started. get some here to try it out:
non is not even in danger of being used let alone squeezed, sorry.
all this sub does is pump. is it working?
it is so god damn ridiculous that the term squeeze now even went into crypto after gamestop hype. there is no nano squeeze coming, wtf...
stop nano spamming brother…🤦🏽‍♂️
the largest wallets the creators have stated owned over half of it at one point. with one owning 17% of the supply iirc
this whole theory is based on the assumption that nano will be seen as useful. very questionable imo. institutional money buys bitcoin because it is the safest bet. from there it is only one step further to use lightning network if they actually cared about instant feeless transactions. i just do not see any reason anyone would still need nano.
i said the minute this sub starts talking about short squeezes i'm out of here. looks like that moment is now.
even with a tiny available supply, you still need increasing demand for a squeeze. where do you think this demand for an older coin with zero hype, zero recognition outside of crypto circles(and very little inside), very few exchanges supporting it, and non-existent marketing, is going to get this demand from? edit: [also is this accurate?]( they only have .5m in funds?
how did you go?
no fees is the best!
keep buying brother! make it to 133 and you will be one in a million!
ask yourself, if you used a decentralized crypto for retail purchases (point of sale, online), would nano's characteristics (e.g., fast, feeless, green) be what you'd prefer?
as close to instant as we have (barring things like network attacks, which has happened but nano survived) and free. it is already able to be used. try the product yourself then make a decision on investing
this 2miners news is massive for nano. i dont think people are appreciating how big it is. it's the first time that people participating inmining pools can get daily payouts for free, instead of having to wait a few days or a week to accumualte enough profit in order to make the hefty withdrawal fee (tx fee) worth it. nano allows them to cashout daily, as they have to pay zero fees on the transfer. in fact 2miners recently said they are considering offering the ability to do more than 1 payout per day w nano since it is free and so doing more withdrawls for them makes no difference
nice how you try to say "it is not moving at all" in a positive way.
that definitely adds up! wenano is fantastic!
i think its worth a small investment. if not for the supply shortage, it still is a legitimate crypto with many use cases.
>an increase in demand it will lead to a push in price what makes you think there will be an increase in demand when volume has steadily dropped year over year?
exactly. or to compare apples with apples, 1 nano is 2,000x cheaper than 1btc (in market cap terms). considering the tech behind nano, i quickly made my choice. it would not last forever until btc holders start to get nervous and diversify their juicy profits into promising coin like nano with infinite more leverage
the protocol allows for the decimal to be shifted easily. the entire economy of the planet could be run off of a single nano.
and that is why things are about to get very interesting very soon. if coinbase were to list nano, they would need to buy a large amount of the supply to support the volume. binance which is the second largest exchange, holds 26 mil nano. i would guess coinbase would need double that number to be safe. soon enough, there isn’t enough supply of nano to go around if people continue to hold.
if coinbase decides to list nano as well and buys up a big chunk of the supply - and people continue to hold, i could see price shooting upwards of .
well, in my opinion, nano is at least as valuable as litecoin, which would make it currently . (i think it could go much higher.)
banano will 200x in the next year.
if you like banano, wait until you hear about ananos
it was not just a single hacker, there was a very basic flaw in the code which if you knew what you were doing could get more of any crypto out of the exchange. many people "hacked" the exchange. 4 million is in the hands of italy's goverment and the rest is unknown...i would say a large amount has already been put back into the market.
bitgrail hack was 3 years ago, reasonable to assume that hacker sold off most of their stack between then and now, but they’re still circulating. the bitgrail exchange bankruptcy custodian still has 4m nano that will need to be liquidated at some point, but this often takes years. i don’t agree with op’s analysis since all of us are holders of the 137m nano that can buy and sell freely, but do agree with his conclusion that nano is a great hold, particularly because the fourth largest eth mining pool now defaults to paying out rewards in nano, and is doing market buys that should soon reach + per day, and has been growing exponentially. edit: changed third to fourth per
not sure if anyone has more info on this and if that wallet has been active. i've read reports in the past that the italian police seized the assets of bitgrail - not clear if someone can actually liquidate this.
not anymore. whoever took nano from bitgrail probably sold off during the epic dump in 2018 when nano went from . then if that did not shake them out, (which they definitely did sell by then btw, lets be honest), then the next two years of bouncing between $.75 and . anyone who's not a huge fan of nano, and in it for the long run, sold out during the past 3 years of crypto winter. so although the hack was terrible at the time, and unfortunate for anyone who lost money on bitgrail, we can at least rest assured that the hacker no longer has that nano, and it is all back into circulation' wallets now.
it was not a hack. it was that you were able to xfer more than you had in your wallet. so the "hacker" was probably some dude that made a typo and realized it went through
if i may piggyback off your comment, mining pools are seeing an increase in the popularity of payouts in nano. 👀
unfortunately no. you can buy it on binance, kraken, [crypto.com]( and kucoin
bear case that i see here is if crypto in general is a bubble and doesn’t get adopted. however if overall crypto market cap continues to grow i think there will be a place for nano as it’s the cheapest, the fastest and the quickest.
the incentive to run them is to continue to build on the integrity of the network. by running a node you help increase decentralization and security, therefore increasing the value and utility of it.
i would suggest using gemini to buy ltc. then, create a kucoin account. withdraw your ltc to your kucoin account sell ltc on kucoin for usdt use usdt to buy nano pretty fee intensive unfortunately, but that is new york for you. ironically nano eliminates the need for all of these fees…
you can’t on binanceus? if not, crypto.com, or kraken. :d
i love the fun meme culture. but the developers also hold a very large amount of the supply. financially i think nano has much more potential but will still enjoy having fun in the banano community!
check out this mining pool that implemented nano payments last week
i can direct you to safemoon or shib posts if thats more your style
the other comment mentioned it well. why pay a small fee when i can pay 0 fees? do you pay small fees to send a text? send an email? make a phone call? comment on reddit? adoption can only happen if it is drastically better than the normal. fees are not better than no fees when i pay with a credit card. as a side note, when any crypto burns their own crypto to increase the price, that is a massive red flag imo.
looks like many people have already replied to you, but i just want to add one thing. blockchains ike bitcoin and bitcoin cash never reach **finality**, transactions on these networks just become more and more **confirmed**. nano transactions reach **finality and become fully settled** in a second or two, whereas btc%, they just become more and more *confirmed*. this is something interesting i learned recently that i thought you might find interesting too. thank you for asking questions and being curious about nano though! :)
raiblocks* yes i was there
i havent' seen anyone mention nano in here for 2 weeks. then we get one post about here you are complaining
not trying to shill it. just my prediction based on my research, feel free to argue it. i also am intrigued by some other projects like proton and vite - both feeless cryptos. not just in nano
has nothing to do with the gme short squeeze. did you read the post?
i think you might be referring to banano
this theory is actually not based at all on the usefulness of nano. while i do think nano is one of the most innovative cryptos in the space - and can actually be used as an international currency - this post is just about the supply shortage that nano will run into in the near future. of course, adoption will speed that up, but just in general if the crypto space continues to grow we will see a supply shortage here.
is ln feeless, i heard you have to settle at some point? sorry if this is a silly question.
at one point, bitcoin was not considered a safe bet. ln may be fast, but it is not feeless, and, being layer 2, it is barely even bitcoin.
bitcoin came out in 2009, and it took institutinos 11 more years until they started catching on and buying it. nano's only been on the scene since 2017... things take time
literally no where in this post does it mention a short squeeze.
\*supply squeeze 21m btc in existence, \~56m millionaires in the world...think about what happens when every millionaire tries to buy just 1 bitcoin \~46m nano left in the market (higher total supply of course), but at a significantly smaller market cap. doesn't take as much buying money to make big moves in the price. also short squeezes do happen in crypto, just look at the 24hr liquidations on bybit.com
it is not "older", bitcoin is older while nano is quite young. and nano's tech makes bitcoin's tech look terribly old and outdated and wildly inefficient. name one way in which bitcoin is better than nano?
if there is such little demand, what drive it from .20 to ? it’s literally being used right now to make payments to miners. it’s proving every day now for 10 days that it’s network is superior to eth and btc. i’m sorry you feel this way but you’re not looking at the bigger picture.
did that ages ago bruh
523% gain in one year is “not moving at all”? the expectations of crypto buyers have become completely delusional.
i second the small investment. better safe than sorry (i know that we're on wsbcrypto but wtv)
fair point. i suppose it depends how well it’s adopted in the future. i also eat crayons
been waiting for coinbase to list nano for years
maybe nitpicking here but pretty sure binance is significantly bigger than any other exchange.
there's not enough words for me to explain my excitement at this prospect.
charlie lee (creator of litecoin) likely even owns nano:
yes, i choose to live in this reality.
i have a few million of those also.
yup. it was a shit coded exchange. basically deposit 1 eth in bitgrail, get 3 credited eth. small group found out and lasted months before the idiot owner found out.
where do see 2miners being the 3rd largest? i just looked it up on and it is ranked 6th and 20th but rank is kind of meaningless without factoring hashrate and it only accounts for 3.4% of the eth hashrate.
i dont think they can truly "seize" crypto, tbh. but i feel you on the speculation.
i have an email about the lawsuit but it is all in italian
what happened was that a small fraction of all nano that was supposed to be on the exchange was remainng after the hack. about 80% of the exchange funds had been stolen. so the local courts took the remaining 20% and the idea was that that was supposed to be divied out to users of bitgrail who had their funds stolen, (to at least parttly give people their money back). i do not think they ever thistributed it though, maybe they did but i never heard about it.
they are still not lost then
here, some info about mining rewards paid in nano : [ on [2miners.com]( +4,000 miners have switched for nano payouts in less than a month... this makes me smile a lot. such a wonderful paradox : being paid for mining with perfectly deflationary, non-mineable, green, feeless, near-instant-trx tokens ;)
thanks. im really tempted to buy . i may download kraken later tonight
you can also get it at wirex. good rate!!
why provide integrity to the network without gain? what's there to stop a 51% attack?
thats because we're still in thistribution phase and banano is given out for free. if you're buying it then youre doing it wrong. just be part of the community, post memes, create content and people will tip you banano.
what can nano be used for?
care to elaborate on each point with technical details?
> why pay a small fee when i can pay 0 fees? someone is paying for it. there is no free lunch. > do you pay small fees to send a text? sms is paid for with my phone bill. > send an email? corporate email is paid for the whoever owns the mail system and all that it entails. google makes money off of you on the back end like every other free service. when something is free, you are the product. > comment on reddit? reddit makes money via advertising. > fees are not better than no fees when i pay with a credit card. the merchant pays the 3% when you're use your cc. > as a side note, when any crypto burns their own crypto to increase the price, that is a massive red flag imo. well thus far, your opinion is worth exactly jack and shit. you are an incredibly uninformed individual but i do hope one day you'll pull your head out of your ass. i'll be more than happy to help. edit: eth is burning like a mother fucker and(over 2 billion dollars burned this far) and will lead to the coming bill run.
my pleasure :) can you expand on the 'finality' of nano transactions? i consider something written into a highly secured blockchain as 'final'.
the pain still cuts deep
what is proton? any link? have no fee like nano?
unless nobody uses and buys nano. if there are 'only' a couple dozen million coins available, but nobody is interested in them, there would not be a supply shock.
ln is not feeless. if it is advertised as feeless that means the channel operator is paying for the fees for you. it is also very centralized.
if you centralize your coins into a channel operator, they pay the fees but believe me you will still be paying them since they hold your coins. if you do not want to centralize your coins, you pay all the opening and closing channel fees and have to run a bitcoin node for your trouble. the reality is one option is not safe and the other option is not scalable. neither will be feeless.
security(both current and long term at least until block rewards run out), longevity, spam resistance, volume, developer interest, mainstream interest, institutional interest, name recognition, adoption, use cases.
it is literally maybe the single only crypto that is been adopted by companies and customers by free will, just becasuse nano truly offers an advantage in that it allows free value transfer. people are massively sleeping on nano, it is quite weird
fyi, nano fans usually try to acquire 133, to reference a millionth of the original 133m supply
just check the ath and tell me how it went for "long term holders" of nano, ex xrb. i remember raiblocks, do you?
yes binance is astronomically bigger than any other exchange. coinbase 7d volume is 22 billion while binance is at 785 billion.
is there a source to reference this. i'd like to see it. 32m is not to bad. they deserve to pull a salary and money put of something they created and are actively working on. if banano can get a 4 billion market cap... yes that could be a ways off 32 million coins sold at different points on the way up is ok. its better then a rug pull.
i was being conservative. 1000x in 5 years.
was using this reference but correct me if it’s wrong
has the bitgrail funds ever moved? is there a chance they are really lost?
thanks for the info. any idea on where the stolen 80% ended up? is it actively being moved around?
i've been wondering how mass thistribution could work fairly on lo and behold
give it a try! that's !
the network actually requires 67% approval of a transaction instead of 51%. you can see the nakamoto coefficient breakdown here nano is one of the unique use cases where you help decentralize the network for no direct monetary gain. if you’re familiar with torrenting, the process worked the same way. when you’re done torrenting a file, you then donate your network to help upload that file for others so they can also benefit from the collective network. there was no financial incentive other than contributing to the same network you benefit from. this is the same process with nano.
you may have a hard time fathoming that poeple would run nano nodes for no direct financial compensation, but if you just stop and think about it it is not that hard to imagine. personally, i can easily see why a company or organization would logically want to run a node; if a company is accepting payments in nano in order to save 1-3% on every transaction which they normally give up to credit card payment processors like stripe or square, (this 1-3% can equate to tens or hundreds of millions or billions of dollars depending on the company's sales volume), then they will have no problem with the measly & security of the network.
the original theory from the nano designers was that if you own big pile of nano you do not want the network to get hacked because it means you would lose your nano, this alone would be enough incentive (from design point if view). this has to be at least somewhat correct, with exchanges all running their nodes as proves. the actual reason for other people running nodes could be more complex. one of the reasons is that running nano nodes is relatively cheap. but no matter what, quite a lot of nodes are running for whatever reasons for years.
the ability to use a 51% attack, you have to buy 51% of the nano supply. good luck with that. it will get to a point where price will moon and becomes very unaffordable and expensive. 1 coin = 1 vote for representative. if you have an evil representative, we can always change our representative vote to someone else.
hey man, this might be interesting for you to read :) explains the insentive pretty well
i thought they created it as an introductory coin to the crypto ecosystem? is there more to this meme coin than imve been led on?
what other currency allows you to send 10mil with 0 fees, and tip 50 cent to someone also with 0 fees. you can literally transfer entire cities around the world instantly, for free and faster than you blink your eyes.
nothing. you can only spend it. cant be used in defi. cant use nano to make more money with it. no wrapped nano. you cannot loan against it on other chains. nano is literally only here for microtransactions and to spend it. also poors like nano. just my 0.02 sats.
hmm let’s see. 1. fastest coin available, much faster than bch 2. completely feeless. 3. eco friendly 4. decentralized
it is kind of common knowledge stuff dude, you're free to go look up the details if you really want to see them. the stuff you're trying to put up arguments with are things that anyone who knows anything about crypto on a technical level would not be arguing.
relying on a crypto burn for your bull run instead of actual fundamentals. giant red flag. you’re still missing the point. the user is not paying for emails, comments, texts. it is built into the network and the user will use the most frictionless option. the user who doesn’t know anything about crypto is given two options: option 1 pay a small fee option 2 pay no fee they’re taking option 2 every time. just like how you choose to not pay per text, per comment, per email, etc.
lol you seem to not understand that nano has no tx fees. it is just a fact. do you not beleive this? lol
it's healthy to be sceptical especially in this space, but i think you just need to try it. get a tiny amount of nano for free from a [faucet]( get [natrium]( (best phone wallet app). and then just send nano between two of your wallets. you will be amazed. sub second transaction times. send 1 nano and receive 1 nano. **you'll quickly realise, feeless is so much simpler than sending 1 coin and receiving 0.9999 coin.** not to sound cliche but nano is revolutionary. [feeless, near instant, decentralized, with the bonus of extremely low energy usage]( it was susceptible to a spam attack at the beginning of this year but that has lead to some [innovative fixes]( for robust spam protection without compromising on its speed, decentralization, or feeless characteristics.
here's some articles about finality in general: * [ * [ * [ "the finality of a bitcoin transaction is probabilistic, it is not absolute." \-- as for nano, you can read more about consensus and finality here: [ "since nano transactions are processed individually and asynchronously, ***deterministic*** **finality (irreversible, full-settlement)** is achieved in a short period of time, typically less than 1 second 1." \-- nano transactions become completely and irreversibly settled extremely fast - i think this is a feature that could be an important factor for a business deciding what crypto to use
bitcoin had mt gox, not sure why a exchange hack is relevant in today’s market
**a proton is a subatomic particle, symbol p or p+, with a positive electric charge of +1e elementary charge and a mass slightly less than that of a neutron. protons and neutrons, each with masses of approximately one atomic mass unit, are jointly referred to as "nucleons" (particles present in atomic nuclei).** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(delete)]( ^() [^(report)]( ^() [^(github)](
proton is feeless for users and more like eth than btc. it is shirking anonymity for verified identities and human readable account names and such. i think it is interesting as it is embracing legal frameworks to gain legitimacy and acceptance.
why would nano not increase in volume just as all of the other alts have when the crypto market goes up? nothing specific to nano, but overall market sentiment towards crypto goes up, all cryptos move up. either way, i'm not worried about that. right now we're in an nft. once we get back to core fundamentals of actually using cryptos as a **currency**, i think nano provides one of the best solutions for that, which will cause more demand.
a mining pool recently started using nano to help their small (1 gpu) miners save on fees and get daily payouts: [ this is one of the first great organic adoption stories for nano and as more businesses realize the potential to save or make money using nano we will see more businesses adopt it
bitcoin has zero use case except as store of value. nano functions as just a good store of value, and can also be used as a digital currency unlike bitcoin. the only reason nano is not ranking up alongside bitcoin is because no one knows about it yet
yes, i do. but i don’t think you do. so let me refresh your memory. nano has only been around for 6 years (oct 2015 inception). it has been under (almost 4 years). and in the first year and a half, it was less than .01. so you’re saying that based on the brief short lived price spike, most long term (more than a year) nano holders bought at the peak? so if you base nano’s future price based on past performance, does that mean in march 2020 you were concluding that eth and btc were doomed and would never recover their ath? or are you under the impression that they moved to todays price in a straight line up? the crypto game is not over. it’s barely begun. yet some seem to think they already know the winner(s). and the losers.
lol. most people who bought nano around the old ath of , (4 years ago), have obviously sold off long ago. most nano holders of today probably bought nano around -3 years straight after it is epic dump from . anyone who held through all those years of crypto winter have diamond hands and love nano and probably wont be selling anytime soon. anyway, point is that nano was , so most people are actually in profit.
what crypto didn’t tank? you surely know that wasn’t nano exclusive.
tbh i'm not even sure bitgrail kept track of the wallets that had the finds stolen. it's been a minute since i knew the ins and outs of that fiasco. i used bitgrail for my first nano purchase (then xrb) but only after establishing a wallet to immediately send to.
it is beleived by the community that the "hacked", (stolen), coins have been dumped through the years of 2018, 2019, and any surviving stragglers sold in 2020. just look at nano's price chart, you'll see the evidence for this... it bounced between $.75 and -3 straight years, everyone that is not a long term holder was definitely shaken out during that cold cold crypto winter. so it is fair to believe that all those stolen coins are back in circulation, now in other peoples' hands. so that hack is kind of in the past now, i do not think it is gonna affect anything going forward
lost in this context means that people would've lost their private keys and coins would've been permanently lost for the entire human species. these coins weren't lost in that sense, they were just transferred to a criminal. but that entity still had control over them. this is an important difference because permanently lost coins make supply shorter, potentially increasing the price.
thanks i will. i appreciate your write up here seems like a good hold. i guess we'll see what happens.
alright i got some! downloaded kraken and got some. now the fun part holding it
that was when torrenting began. now even bittorrent pays you btt for seeding. when a machine can mine 100s of different coins and earn today, no one is going to want to do it "to help the network". 67% of machines could easily be captured by one entity in this case. bitcoin does not waste energy, it gives iron-clad protection.
look at wenano. lot of people donate their funds to faucets all over the world for free.
well said. i myself paid several nodes (running the nano network) which i was using as "representative". this practice can and will further develop. what is not normal is to keep the old architecture of "on-chain fees". some nodes are ok to run for free, some other may require some contribution. all of this must happen organically, based on market rules and free will... same as for email providers. nowadays, advertising & other income streams are enough to compensate for a "free service" (gmail, yahoo). who would ever imagine a "forced paid email service" ?? and finally, do not forget that 1 nano transaction burns as little as 6 million times less energy vs its btc counterpart; that a single wind turbine can run the entire nano network... just to put things in perspective.
sure, if there were dozens of people spending nano at their shop daily. are they? maybe they will in future, who knows! multiple ifs and buts multiplied by 10k+ coin possibilities. all early investors want to believe it is their coin"use case". is nano the only coin offering 0-fee transactions? no, there is no coin that is the only coin offering this or that. you know which is the only coin that is the first? yeah, that one. that one is the only one that has any concrete use case. and it is got lightning and taproot. altcoins are going to get rekt if bitcoin really really moons.
one of the main reasons is that it gives you a secure and trustworthy interface to the nano network. when you develop or want to integrate it in a product, that is enough reason for me.
bitcoin gained value even when very little of it was thistributed. nano could only gain value when almost all of it was thistributed. that's why there will always be huge difference between bitcoin's growth potential and nano's.
bitcoin started having value right from the beginning, even when just 5% was thistributed. nano could not have had any value until well over 51% or 67% or whatever was thistributed. that's why bitcoin needed proof of work and it worked.
the only positive i see from banano is the attempt to add privacy to the coin. the downside is the 'developers' hold most of it and are being opaque about the burn schedule.
if there are zero fees, how do the people that run the nodes?
bitcoin allows the same thing with lightning network. and without the risk of the network being down for weeks.
i think you underestimate the power of simplicity especially in the crypto space. you think defi is going to take over the world overnight? defi has at least another 5-10 years of development, lots of regulation and mechanisms to flesh out before full wide adoption. the importantance of simplicity is it lowers the barriers for adoption when it does one thing and does it well. defi in it is current state is lending or borrowing to acquire more crypto, increasing the price. that's the only current use case and imo it is house of cards as it stands. defi will get rekd in the upcoming bear market.
actually, i'm participating in nano liquidity pools, but if you want to pretend those do not exist, i suppose that is fine. it's also potentially the ultimate arbitrage coin.
how is it 'faster' than 0 conf? how is it feeless? eco friendly. sure. so is bch! see, i can make up bullshit too. how is bch not decentralized?
so no technical details, which you claim are common knowledge. can't say i'm surprised.
i will never take option 2 if i cannot use it to make more money. i can deduct fees from my taxes. and i can use these other coins to loan against them . which is not doable with nano. guess why no big guys are buying into nano? because it is simply not worth it. r:r is bad.
if you are using a free fucking product, you are the product.
no, in fact i do not. someone is paying, regardless of there is no fee. if the chain is being secured, there has to be economic incentive for those who are securing it as they consume finite resources to do so which have costs associated with them.
to me your theory sounds like wishful thinking, but i honestly wish you all the best. i'm not against nano, but i think the race at this point has been decided in favor of bitcoin. hope you're investments moon tho!
wbtc can be used in many defi applications. it's not much but it is quite literally infinitely more useful than the zero non-payment use cases of nano.
this is some grade a copium.
see my post below, bitgrail bankruptcy custodian still has 4m nano, unlikely to be touched for a few years if mt gox timeline is any indication
good point. thanks for the info! i guess it’s safe to say the 20% that is still being held most likely won’t go back into circulation.
nice! next step you should download a wallet like natrium to remove your nano from the exchange and delegate them to a sub 1% trusted representative :)
yeah not sure i understand the argument. nano works on delegated proof of stake. you can delegate your funds to a node. in order to overtake 67% of the network you would need to have upwards of . that is far from it being “easy” to attack the network. then, you would want to halt the network with a 67% attack, therefore eliminating the value of the nano that you hold? fees and mining provide no added security. they just cause delays and add transaction fees.
nah man, back a few years ago i college i used to torrent movies and music & games all the time, no one ever wanted any compensation or payment for it. people seeded torrents for free for decades. that's a nice bonus if you now can easily get paid to seed torrents, but that doesnt' change the fact that from the beginning of torrenting people have been seeding everything for free.
nano's use case is primal and undeniable, that of "money", that of "transferring value from p2p". nano has the strongest use case of any any other crypto besides bitcoin.
>is nano the only coin offering 0-fee transactions? no, but as a decentralized coin, it is the fastest and fairly thistributed. >no, there is no coin that is the only coin offering this or that. honestly, there is. nano is best in class in every category for a payment coin. call me a fanboy, but this is an objective technical view. if you truly thisagree, describe what is technically important to you in a payment currency and we can match nano's technical attributes up to any currency you choose and see how it plays out.
nano has running for years on nodes being run by businesses, investors and enthusiasts, the whole network trends steadily towards more decentralized, and has been for last few years. the model is actually working, no ifs, no buts, it’s working as intended today.
node operators do not have *direct* incentives to make money. however, nano owners have an *indirect* incentive to secure the network by delegating their vote to trusted node operators which after reaching a certain threshold get promoted to a "representative nodes" and their vote counts. and if these nodes lose trust, they can simply be re-delegated by a wallet setting. what is brilliant about this model where node operators do not get paid is that the entire network is incentived to become more decentralized over time. whereas other networks, [pos and pow, have incentives to become more and more centralized over time]( (example: btc has just four entities controlling mining pools at the moment, ln requires centralization or running a node).
people that run nano nodes do not make money.
is ln feeless now?
stfu bot, i hope your creator loses his left testicle in car accident.
okay and? as long is i am able to make gains i am happy. also lending . like where do you think the borrowed money comes from? r:r is bad on nano. i have had nano before and i do not see a single reason why i should hold it right now. dog coins are doing better than this pos. nano will get rekt in the coming bear market too. who cares?
i actually did not know that this is a thing. could you share me some links? also what's the incentive for these pools since nano does not have any fees? how are you getting paid for providing liquidity?
google search finds only 1 relevant result in which it is just a reddit thread *asking* if they exist and zero answers saying it does exist. if one of you is pretending, my money is on you.
nothing is made up dum dum lol. bch is not feeless and isn’t the fastest. it’s not an opinion, it’s just what it is.
0-conf is not "settled with finality", and that is just a fact. and are you really unaware that nano has zero fees...? lol damn son, have you been living under a rock or something?
bch 0-conf still takes until the next block is produced which is on average 10 minutes--completely unusable for point of sale.
i already gave you the “technical analysis” and it’s literally a 2 second google search. dude, you knew that nano is faster and cheaper and you asked just to be a snarky doucher
ah, the coin with the biggest fees then is clearly the best! you all be interested in btc and eth then.
typically, yes. but i would encourage you to look at nano fundamentals to understand how it works. it really is revolutionary. there is no need for fees or mining when a network operates on an infinite amount of block chains, allowing you to send your transaction to the end user directly with no competition. there is no need for fees when others who are heavily invested in the network through using it for their own products and services are running a lightweight node to help further decentralize and power the network. you could argue that the node operators do have fees. probably around . but absolutely not required for you to run a node to participate in the network. i would also argue that their , therefore raising the price of the crypto they own by more than . open your perspective to the possibility that their might be a crypto network out there that is able to operate on no fees. it’s possible
that is true w social media companies, or any company for that matter, because companies are for-proft organizations; so the only way they can offer a free service is because they are in some way, whether hidden or out in the open, monetizing the customer that thinks they are receiving a "free" service. but obviously this paradigm does not apply to nano because nano is not a company that aims to make money. there is a nano foundation, but it is not a company, it is not a for-profit company.
look at this way…. someone is paying yes…. but the economic incentive to run a node is the feelessness of the network. the efficiency of the network is the reward. having a fast and feeless network attributes a lot of benefits to whoever plugs their business into the network, so maintaining a -100 per month node while they save hundreds of thousands on fees is a no brainer. look up what 2miners is doing with nano. google it. 4th largest ethereum mining pool, their users are saving thousands everyday from eth gas fees. running a node for them is no brainer. the network is the reward my friend take the nano pill
lol yes the race has been decided, and the result is that bitcoin is not currently and never will be able to be a daily currency. some other coin will fill that niche, and so far nano stands the best chance of being that one
you think nano has zero adoption? lmao. you have not seen the 2miners news recently?
i bought at 1.50.
>по оценкам nanolooker, около 21 623 312 nano неактивны. bitgrail paid me the equivalent after the hack, but in bitcoins
nano is truly genius. people just do not realize it yet, somehow.
i do not know these fancy terms, yet, there is 1000s of such terms to understand in crypto! all i know is that bitcoin is not hackable because of the amount of processing power behind it. many altcoins will get compromised sooner or later and there is just no time to check which ones are safe and which ones are not.
that is where bitcoin and subsequent coins' mining changed everything. now the upload bandwidth and processing power are monetized, as they should be. uploading pirated torrents for free is one thing, but i fear those who seed pirated stuff for btt will see the law go after them big time.
i’d just stop talking to that girl, she doesn’t seem to want to make the effort to understand
i feel like most people who buy altcoins with research know that they are going to have big gains until they go bust, that, it is a short ride up that will eventually end and it pays to get new people in to increase their profits. anyway. there is only 1 real way to know which researchers to trust - someone like u should invite 1000 altcoin experts from various social media and give them . they cannot mention a coin without buying or selling it.
nano may be 100000000x better in coding than bitcoin (which it is not). the fact remains that bitcoin has taken off and there is no way its market cap is going to shift into other coins. the more bitcoin moons, the more apparent this will become to everyone.
it's working, and so are 1000s of others. but none compared to bitcoin, that is my point.
so why would someone want to run a node? just for the “funs”? cuz he really likes nano?
when you're borrowing to buy more crypto, that inherently increases the price due to higher demand. you're clearly just in crypto for the gains so have fun investing in dog coins. i would not try to convince you otherwise.
to be fair, they are still relatively early. but yeah, you can participate in them at bnswapyz. you get a percentage of the fee used to swap between the currencies based on your share.
how? i'm waiting on your technical details of how nano is 'faster' than bch. not bullshit, i want technical details of the 'faster' claim.
false. if you trust th chain and the greed of the miners, 0conf is 0conf. that's the fucking point. there's no wait time, that is why it is called 0conf.
'faster and cheaper'. from the quick thiscussions tonight and the bit of reading i've done it looks like i can add the nano community to the cult list along with r i will actually do some more reading about the network structure of nano but the charlatan shitbag nano cultists on this sub can fuck off. have a good one!
jokes on you i own lots of both and they are outperforming nano with ease.
i'm open to it, just waiting on the charlatans who claim how it works is 'common knowledge' to explain anything about how it is feeless from a technical perspective. the crypto space, unlike any other space really, is full of people who have absolutely no idea how anything actually works.
up are saying that not for profit organizations do not have profit motives? also, i still have not seen any technical data as to how nano is 'feeless'. still waiting.
the experiment with the lightning network just really started with el salvador. how is it already been decided that it is not working as a currency? and why would nano be then?
i have, that is hardly even worth mentioning. btw, you want to answer my original question about wondering where this increased demand is coming from that is going to cause this supply squeeze? surely you're going to need more than just the 2miners payouts, probably realistically you'll need something like that 50 times over (assuming they are not directly selling that nano which is far from a given).
nice anecdote, i've bought everywhere from . describing the comment i responded to as "presumptuous" would be an understatement.
agreed, a ton of technicals behind it. essentially, the way nano works, is when you hold nano in your wallet - you get to choose who your representative is. representatives help regulate and secure the network. if you have 1 nano, you have 1 vote. users vote on their representatives, then the representatives verify the transactions on the network. representatives get more power by having more votes delegated to them. so, the nano community collectively decides who they want securing the network. the only way to thisrupt that was if someone were to acquire 67% of the supply and delegate their votes to a single representative which would just not make financial sense in any way. in summary - nano is actually more decentralized and secure than bitcoin is, due to how many more representatives there are!
the security of the concensus system in any given crypto is important, bitcoin uses mining to solve the issue while nano just uses more clever and efficient methods that acheive the same quality of result without all the waste of energy that bitcoin has from mining
bitcoin is losing marketshare and is unusable as a currency. 🤷‍♀️
lol that is like saying, "ibm is so big, have their hands in so many industries, even governments contract ibm for tons of stuff, there is no way this company is going anywehre but up"... or same about ford model t. just cuz something is big right now does not mean that a technicalyl superior option takes marketshare from it over time
bitcoin has 1st mover advantage. i like both bitcoin and nano
i don’t think i’ll ever understand btc maxis’s fetishizing of ancient and inefficient technology 🤷🏼‍♂️
there are thousands of nodes operating right now, so a lot people have their reasons. i presume most of them do it because they have a financial interest in securing and decentralizing nano.
one of the main reasons is that it gives you a secure and trustworthy interface to the nano network. that is useful when you develop or want to integrate it in a product. this happens because it is not just a buy and hold, it can be used. probably the feeless and instantaneous nature makes it easy to get used. at least for me, that is why i run a node for a year already.
if you run a service that use nano, you also need to run a node to talk with the network, and manage your own funds efficiently.
you're in crypto to make the world a better place? ayyy lmao... you're going to have a bad time.
so there is one amm that supports nano that was made 2 weeks ago and has a whopping .7k total tvl between all assets, thus is basically unusable without incurring massive slippage. i guess it exists technically, but functionally it is unusable.
just on a simple google search states that average transaction time for bch is…...wait for it...2.5 hours. how’s that retard?
also it’s fees average at 28 cents per transaction. can you comprehend how 28 cents is more than feeless? or do you need technical analysis for that as well?
or is that too technical for you?
and nanos is less than one second on average
why would you trust miners who have no incentive other than to earn block rewards to sell? if they could double spend, they all would, and 0-conf is the cracked door.
nano is up 414% ytd while bitcoin is up 115%
i explained it above - but to get more technical: nano doesn’t use a standard blockchain like btc or bch. nano uses a technology called the “block lattice” or dag (directed acrylic graph). think of a blockchain as a 1 lane road, and the block lattice as a highway with infinite lanes. with the blockchain, in order to get your transaction to the front, you either have to pay fees or wait in line. with the block lattice, everyone has their own “lane” and can transact directly on it. because of this, there is no need for fees or waiting for your transaction to confirm because there is no competition on your own blockchain. how is nano able to use infinite blockchains when other cryptos use just one? it is because of the nodes that people run which sync up the network. my wallet has a node representative that i selected. when my transaction is confirmed, the node relays that transaction to the other nodes in the network so that my transaction is public and recorded. running a node is not required to transact on the network. but individuals or businesses who have a large nano holding are incentivized to run the node as it further helps secure the network and increase the utility of it. by doing this, this helps secure their own holding. in this type of ecosystem, no fees are required. but to be clear, node operators do pay for cloud hardware (around ) to run a node.
lmao! what technical data!? it’s doesn’t have fees, do you understand? no fees means, feeless, it’s really not that hard
go send nano between two wallets, you can see for yourself that it is free. if you send yourself .00001 nano your other wallet will receive .00001 nano. that's a game changer in crypto... not a single other coin offers that ability to send either fractions of a penny, or millions of dollars, completely for free. experiencing how free it is it is better than me explaining to you the technical data of how it is made possible.
whereas with ln you need the strike app in el salvador, (a centralized solution), if they were using nano they could use any variety of wallets they wanted. ln is not decentralized, nano is. that's the difference
nano has no inflation... so even if demand remains flat, the price goes up. but demand is not flat, demand is rising
ok sounds good, but also sounds like democracy which neither works in an advanced country like usa nor in the largest democracy like india.
i'm sure if i really really read the whitepapers of both, i will be able to find where it shows how bitcoin is superior. satoshi must have been smart enough to not make something that needed vast improvement. but i do not have the time or patience, so i will trust the maxis and my own experience with bitcoin, long in years (since 2012) although very small in numbers.
you cannot sell nano by trying to take down bitcoin. it's indestructible now. up is the only way for it. some altcoins, while altcoins last, might give 100x or 1000x, which bitcoin cannot (max it will now go is 10x), but it is 100% certain that bitcoin will outlast all of them. it might never end! there is just no comparison. you should pick on another popular altcoin and try to take its market share. won't happen with bitcoin.
i see, now this make sense. thanks.
i'm in crypto for the same reason btc was invented. wanting a p2p decentralized means of exchanging value. i'm sick of the government printing money and inflation and i can see a better system. fuck man, i'd still give up all my gains if it meant nano was adopted world wide tomorrow. fuck fees, fuck middlemen scraping off the top, fuck currency dealers that give shit rates, fuck the government for endlessly printing money for unnecessary shit. edit: fuck banks too
ヽ༼ ຈل͜ຈ༽ ﾉ raise your dongers! ^^dongers ^^raised: ^^58073 ^^check ^^out ^^^^for ^^more ^^info
the beta is a start and proof of concept. the site has actually existed for a while...it is just the lps are fairly new.
i've received a wealth of information here from. this space has not changed for the better since 2012, and i never expected it to. it's gotten much much worse. i've played all my cards right though, so i can be thankful for that. have a good one.
satoshi thisagrees with you. i agree with satoshi.
ahahaha nice mental gymnastics. keep lying to yourself.
it's very interesting that after all that good information at the very end you just say(or copied and pasted) 'cloud hardware's which is the definition of centralization. i appreciate the rest of the information.
people are generally not good at asking questions and it is important to try to understand what they are asking and provide an articulate respsonse. in this case, i believe the user is asking "**how and why** can nano be feeless" so i sent them a link to this article instead of trying to explain it myself:
i can move fiat with bank apps for free. there is nothing game changing about that. you have no technical data to offer because your an ignorant charlatan.
you do not have to use the strike app in el salvador, you can use whatever lightning wallet. muun for example is one that requires zero kyc. and how is ln not decentralized? it's peer2peer.
volume has steadily dropped for years, where are you seeing demand going up?
it is not really analogous to traditional democracies where the "wisdom of the crowd" picks one leader who may or may not be fair and just. with nano 'power' is spread across up to 200 representative nodes and 67% of the vote count needs to agree to confirm a transaction. it would cost literally billions to control 2'investment'.
bitcoin is not superior, it just is what it is. and nano is what it is. they are so entirely different, almost no similarities. they use different methods to acheive the same result, that of being a decentralized open source monetary network. the thing is, nano just does it better, more efficiently, nano's solutions are far more elegant than bitcoin's crude solutions such as pow mining.
>i'm sure if i really really read the whitepapers of both, i will be able to find where it shows how bitcoin is superior. i encourage you to do so. bitcoin is more like a model-a which has some good ideas but was outclassed in every category when the model-t (nano in this analogy) was finally developed. history remembers the [model-t the most influential car of the 20th century]( and the model-a ended up just a footnote.
bitcoin isn’t usable as a currency which means other crypto will fill the void. and bitcoin *is* losing market share. that is an objective fact.
lol yes, to buy a cup of coffee you have to pay more in fees than the actual cost of the coffee... that sure is "indestructible" lmfao. bitcoin maxis like yourself are always some of the most unintelligent people in the crypto world
i get your point and completely agree tbh. but i want to use nano with other protocols. give me wrapped nano. give me smart contracts, let me borrow against it and i would convert all of my money into it again. no usability no me. simple as that. other cryptos give me the opportunity to do so much more with my money - other than just spending it. and i absolutely love it and do not want to miss it ever again. i would rather use htr than nano tbh.
2.5 hours, yikes is the right word
ohhh. so when you wanted “ no bullshit technical details” this wasn’t what you had in mind? lol
satoshi wouldn't support 0-conf. read the white paper.
lying? i said ytd: [ but i'm sure you invested in btc and eth in 2015 and have held until now.
true cloud hardware is indeed more centralized. you can run a node on your own hardware no problem but it is just a little more tedious to assemble yourself. it is cheaper to do with your own hardware as well.
oh i get it, you’re actually a troll.
he was asking in bad faith. he wasn’t asking because he genuinely wanted to know. it’s painfully obvious. normally i wouldn’t give attitude but this dude was ass in the air, begging for it. and he got it.
nano does that, except across a decentralized network so you dont have to trust anyone or any central company. when you have money ina bank and you send it to a friend on venmo, you've just sent a number across a database, whereas with nano when you send them the amount you've just sent them a real digital asset that only they can access, no 3rd party risk. it's a whole level up in quality and security as opposed to using venmo
this is comment shows you don’t really understand the point of crypto.
it is not on chain. with nano every tx is on chain, thus way more legit.
there’s some wrapped nano on vite (more risky than usual defi)
he did support 0conf. he stated so on bitcointalk. you should read his thoughts over the years archived from bitcointalk.org
as if you did not choose ytd just so you can say nano is up more? despite it performing quite poorly vs eth or btc. and where is 2015 coming from? the chart clearly says 2019...
nano sounds great on the surface but i now have more questions than i had before. i'll keep digging into it because i'm the curious non cultist type. i appreciate the info, you do not seem like a thisingenuous cult member.
look at their recent post history and the way they have responded to other people including me. they are genuinely curious
please elaborate on why p2p transactions are not legit?
you asked for “no bullshit technical analysis” i gave you the side by side specs of bch and nano regarding speed and fees. was that not what you wanted?
for a low risk snack machine where today fees would cost more than the purchase. the problem with probabilistic finality is you cannot trust the miners not to double spend so you have to manage your risk.
was my curiosity as well that led me to the research. nano tipper is not active on this sub but i just pm'd you some nano. feel free to download natrium on your phone and withdraw it to play around with it. as a tip, you can create two separate natrium wallets and send the nano back and forth to see how quick it is with no fees. this is a pretty good overview of nano in more detail: [ and then if you'd like to dive even further, he interviews the creator of nano here: [ also - yeah the community can be a bit culty. unfortunately the nano foundation only took 5% of the supply at creation and has used that as the development fund. once the fund runs out to fund development, it will be community supported like btc is. there is no room in their budget for any sort of marketing - they are just hyper focused on improving the framework and usability, so community members feel the need to promote it over and over. good luck!
and maybe he is, but he brought a specific attitude with me and he got it back. no harm, no foul.
on chain is obviously the highest quality value transfer. using a l2 like lightening is vastly inferior
> where today fees would cost more than the purchase. no. bch is bitcoin as it was designed to be. fees are sub pennies, as bitcoin was designed to function. you are projecting the design of btc on everyone and btc is not bitcoin(white paper). > the problem with probabilistic finality is you cannot trust the miners not to double spend so you have to manage your risk. yes you can, because you trust the greed of all the other miners.
okay good luck with your investments
you did, in this very thread. you asked for technical analysis and no bullshit, i gave it to you and now you’re pretending that didn’t happen lol even though it’s written here for everyone to see
oh, i cannot keep up with which of the dozens of forks satoshi really supports. notably, forks cannot happen with nano because of absolute finality. >yes you can, because you trust the greed of all the other miners. then you cannot use 0-conf and around and around we go. 🤷
technicals = stating it is feeless and fast? please fuck off. jfc.
so apparently you can’t read either so i’ll write it allll over again. nano average transaction time = 1 second bch average transaction time = 2.5 hours nano average fee=0 bch average fee= .28 cents can you fucking read? this is technical objective facts dum dum. do you get it now, can you comprehend numbers?
> then you cannot use 0-conf and around and around we go. 🤷 why?
he was asking for it, and this is wsb
because you can either use 0-conf or trust the greed of other miners. you cannot do both. 0-conf = 0 confirmations from other miners.
um, 0conf is trusting that miners will pick up the transaction.
no, it is trusting the miners do not give you (from your perspective) a bad block and double spend. guess who is out the bitcoin? hint: it is not the miners.
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nano is by far the most fetch of the cryptocurrencies
you’re just giving more attention to nano haha. post your address and i’ll send you a little
i do not understand, why do not people want nano to happen? i seriously cannot understand why people would have anything against nano, unless they think it threatens their investments or something. nano has the potential for anyone in the world to join the digital financial system without a bank, without paying fees, near-instantly, and super simple. download natrium and there you go. not sure why people are pro bitcoin and anti nano if nano objectively offers a lot of benefits and a solid value proposition.
nice meme. nano is up 15% on the day.
i'm guessing you forgot to buy when it hit the low ?
i'm hoping my 19c of nano that i got from some reddit post for free finally nets me at least a 2021 maybach.
it's pumping right now lol...
ok got the message, buying more nano
just spent my lunch money on 2 nanos
well... i think the idea is to pull a gamestop on a coin or two. for what ever reason, nano was the first in the pipe.
less cancerous than shitbu oono
why you guys keep sending nano to people? never really put much thought to nano... why it will moon?
crypto pump and dumpers self-identifying with the mean girl who learns a valuable lesson at the end of the movie. 🤔
as a fellow nano supporter this deserves an upvote
i can’t talk about the real squeeze because of the 1b market cap restrictions:(
nano just doesn’t hold up to other coins, like raiblocks
can’t stop the bop
i promise everybody pumping it a newbie🤣
why do not you pump something i have, like btc eth or ada or link.
did someone say ada 😆
nano, the yahoo mail of crypto.
yeah - can we just ban nano
bag holders always flood the newer crypto subs about nano while denying anything of its problematic past.
what goes up must come down... i hope this sh!t tanks and all the idiots lose their money. crypto does not need this amc!t.
shib to the moon 🚀🚀🚀
well, well 😄if you want to make it - you can jump to [guardarian.com]( and buy🌪
evangelize me on nano
can’t even long it
it's wild. i got some dot.
whats a good wallet for nano?
agreed. vechain is what everyone should be going apeshit over.
i see all the nano hype... how to join or get it?
not with that attitude!
it did pump 20% and the dump is in now in full effect.
relax your tits! it is a meme
can i pump this instead?
why do people continue to hold inflationary coins? why do people continue to hold slow coins? why do people continue to hold coins that charge fees? why do people continue to hold high energy consuming coins? why do people continue to hold centralized coins? why do people continue to hold unfairly thistributed coins? why do people continue to hold unscaleable coins? why do people continue to hold nano? ...because it is none of those things.
i came here for the free nano.
what movie is that from?
yeah i don’t get this obsession buy btc. lightning network does everything nano does lol edit: ngmi
ckb is the real deal
lol, nano boyz sending op nano to evangelize him. look at his wallet, he is just sending everything to kraken, probably yo sell for his favorite crypto.
can i please have some? 🙃
can i jump on the bandwagon too
it is an emotional response from bitcoin maxis.
i have asked this very same question a few times. it is certainly good to have a currency like nano to succeed, for everyone.
> i seriously cannot understand why people would have anything against nano, unless they think it threatens their investments or something. fyi: you can be bearish on an asset without being "against" it.
nano is not a cryptocurrency, it is a centralized transactional payment processor. no fees, fast transactions means no security, no ddos resistance, and no decentralization.
that’s a baby percentage in crypto world buddy
check out the wenano app to see if there is any free nano around you. it’s like pokémon go for collecting free nano. if there is not any around you, just delete the app afterwards
the reason is that nano's fundamentals are sound, and its marketcap . all they needed was marketing , and thats where retards come in to save the day!
ethereum classic and dogecoin were first. wsb would post non-stop in both subs to try and hype the coins. they compared etc and doge to amc and gme. to be fair, etc was actually sort of like gme, but still, it was obvious the wsb apes were only invested in crypto to cover their boneheaded losses in the stock market. most were never going to hold past a week.
it's the only decentralized electronic cash that has instant 0.2sec transfers zero fees even visa go to youtube & search nano thesis it will all become clear
what do you mean?
how's raiblocks doing these days?? i remember it had great fundamentals at the time! i wonder what it is matured into...
yup. its not like they have an active community of 110k subscribers on their subreddit.
sure. everyone. no exception.
ada is cool too 😎
hype can be… uhh … created?
they don’t they’re trying to spam this sub to pump their bags while they can just like they did in r. this coin isn’t going to do shit long term.
where do you think hype comes from?
nano is the android 1.0 of crypto.
if you do not like it do not buy it
but you’re in wallstreetbetscrypto…
so true,,this sub full of stock traders who think they know crypto🤣 only reason nano getting pumped,,btw the price hasn’t move since yesterday‼️and will dump to 5 cent lol
i am in on ada, dot, and sol. i am starting to think eth 2.0 is not coming.
the problem is their website is dog shit. i can not see high end brands using a company with such a poor site.
vechain, the coin that does not bring anything new to the table?
kraken, binance, binance us, or crypto dot com
posts like this are why nano will win.
sending you a tiny bit too. ps it is gonna happen 😅
sent a little gift as well have a nice night
yeah to ensure he feels the pain of having been paper handed
cb energy i get from here
lol there are no bitcoin maxis here. this is wsbcrypto, the farthest subset of crypto you can be from the boomer coin.
you can. but many people are not just bearish on it, they are against it. if you're bearish on it just do not invest in it.
how does that negate anything that op just stated?
nice try but nano is more decentralized than bitcoin lol
nano is decentralised and nano is not a payment processor. please do some research before commenting such a thing.
nano got ddos covered(spam attack actually more than denial of service) on the last update. this is what we call fud
i understand how crypto works. i bought ethereum at . buddy
oh man this dude definitely forgot to buy at !
calm down old man. its not that serious.
wait till the nano pumpers stumble on raydium and thiscover the acceleraytor and the dropzone.
i'm not getting out of bed for that.
i picked up 10 nano from two spots last year and was back home within 30 minutes!
if it was so sound and undervalued then it would grow without retards. that ape bullsh!t needs to stay on amc and gme. crypto does not need that kind of bad press... we already have to deal with elon musk.
lol sht trash,,so many other projects with the same utility & better‼️
what is r? i cannot access it to see for myself.
not at all really.
there are a lot of problems with scaling eth right now. i still think phase 0-2 will be implemented to version 2.0 but, solana, cardono, poly, polkdadot, are all in the game now. i think if we spread amongst these folks and a few more like helium, hnt, we will go to the moon more securely though🚀🥳
bitcoin gen 1 tech, eth gen 2, ergo gen 3. cardano is good but pos is not an iteration on pow. we still need a pow backbone in crypto.
their site is not really intended to draw interest from western countries quite yet. still working on their grassroots in asian countries first but the moment it really catches on throughout europe, there will be a shift to focus much more on the brands appearance and thus will draw much more attention around the us.
wow you sent him nano and he directly transferred it to kraken. i would have hodl it till
the user seems to be sending the nano to kraken, it’s best we not donate more ;(
i wish that were the case.
how did you arrive at that????
i did research it and read the whitepaper.
whats stopping it? and what's stopping sybil attacks?
you don’t understand it enough pumping nano🤣
the spots can have a 10km radius so you can still have success as a potato.
it has outperformed bitcoin since it’s inception. there isn’t a technical aspect of bitcoin that matches nano. while nano’s rank on coinmarketcap may not reflect its fundamentals, the market isn’t always rational.
it looks like a 13 year old made it 2007. i was excited for the concept, but when i saw the site i could no longer take them seriously.
at least that’s my theory...
what goods it gona do on kraken at the moment lol
whatever he wanted to do with it, moving it around is near instant and feeless
he’ll wake up one day and realize he is just like the btc guy who bought a million dollar pizza.
yeah this is not good, i would never sell my nano
that first guy literally listed both eth and btc. a bitcoin maxi would never include eth. and the second guy has a comment saying: >probably an unpopular opinion on this sub, but it is better to wrap your btc in eth and use defi protocols to borrow... if you must so i do not think either of those count as bitcoin maxi's, at least they wouldn't fit in the bitcoin maxi's i see on ct.
three entities, thats all it takes to 51% attack bitcoin. three entities in the entire world. source: [ or is that wrong?
there is now a queue system, go research it.
go back to shilling saitama man . 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 ^ am i doing this emoji right? btw saitama looks like dog shit.
hey man i have some sol too , but the sol hype machine is waning thin, and can only double a few more times this cycle realistically . personally i’m pivoting a bit.
if you really think i sound like the mad one in this interaction, youve got some reflection to do.
i'm a sweet potato
that does not say much, many cryptos have outperformed bitcoin and have better technical aspects than bitcoin lol
i know but he is selling nano which he got for free haha. i would never do that
can you explain why btc is an asset? or has any value?
yes that is what makes nano the best
me too but because i do not have any 😂
meh, i guess i have a broader definition of maxi. i think they do include eth since defi popularized. it is just they do not see any utility to any project outside those two.
so it is pow with queues to prevent spam, and yet no fees. why would anyone do work for nothing? eventually this will fail.
that’s just one post & we up 626% in a month,try again buddy‼️ i’m bullish on real projects not pumps. nano -16% in a month btw newbie🤣
sol is an l1. the action is on raydium. its rooting around and watching the whales gobble up 30k nfts like they are nothing for a project that has an mcap under 300m
he's right you might be able to claim free nano from your bed because some spots have a very large range. it could be a spot in your city with a large range, or it could be a "continent" spot that gives everyone in that continent. there's also the international space station spot, if you time it right and claim the free nano while the iss is over you(?) then you can claim the free nano. just thought you should know and for anyone else reading this.
nano also technically better than those coins, too.
typical west park steve.
because people burn energy by completing sudoku puzzles, obviously!
read the bullish case for bitcoin, thank me later. also: good luck!
i just made a put option on btc, taking that money like a boss
most bitcoin maxi's were against defi until btc started trying to do it. pomp is probably the best example, [he will write an entire substack newsletter about nft's and not even mention "ethereum" once.]( true bitcoin maxi's hate eth more than any other coin and true eth maxi's hate sol more than any other coin.
> saitama is a dog-themed community-driven meme coin that wants to develop solutions to educate the next generation of investors and make crypto simple and safe for everyone. according to its whitepaper, it focuses on gen z investors, 93% of whom feel confused or frustrated when it comes to finance. saitama inu’s vision is to provide them with content that teaches how money works while they invest, thereby opening opportunities for wealth creation. to achieve that, saitama inu plans to develop its own ecosystem, including a marketplace, a smart wallet, an nft-based launchpad platform, and a multi-channel content platform. i’m literally laughing out loud
never said that. i said there is a sol hype machine. which is funded by the creators and caused by recent price action. every sol investor thinks they are genius right now. but even if sol becomes the next ethereum , theres still a ceiling within this cycle to its growth before all the profit hungry animals eventually rip it to shreds (as they do with every asset that hockey sticks). so i pivot. call me crazy. but it works.
yeah... he is definitely a doge and shiba inu holder.
someone finally with some common sense in here lol i don’t agree with you completely but i agree that nano is a borderline shitcoin at this point
bitcoin has no use case and climate agenda won’t tolerate it, look at china. so if you’re holding bitcoin right now, understand it is not going to make you rich, just get out of the crypto game because you’re going to lose 💰 you buy big and low in the bear market. that’s how you get 30-35x returns in my experience. so sell now and wait. i’m calling bubble pop time soon af and if market recess so will btc, speculative asset go first.
btc will see 31k before it sees 71k, i’m willing to wager on it. it will also reach 10k before 100k. cryptography is basic encryption but using photons in fiber optics to alter input. it’s great tech but everybody thinking they gonna get rich rn because they’re desperate so that need to believe that. but the whales will splash one night soon and then deep dive. take care.
it's a race to the bottom, sacrifice decentralization to get lower fees and faster transaction times. there will be a new coin faster and cheaper than sol because it is even more centralized.
you forgot about partnerships and there wallet coming out next month,,learn how to research before talking sir...gen z confused? look up the 13 year olds taking in thousands of ethereum.
you don’t think it’s a good idea?
join the sub, follow sol and the dex( serum) and the amm (raydium) also telegram has sol--announcements and 'solana' group. not sure if you are just getting into sol but i would buy some, then get a sol wallet and go on raydium...the automated market maker. swap something so you can see how fast and cheap it is. also investanswers has a great vid on sol when he dug into it 4 or 5 months ago... since this is a nano pnd thread i should be fair and drop his vid on nano:
couldn’t be further from truth
no. idk what that guy is talking about
seems like i mistook your question for one asked in good faith. i'm sorry you've been misled. good luck with your own research, hope you realize your mistake before it is too late.
at what point is something not decentralized enough?
wow partnership?!?!! and a wallet!??!? you sound like every other dog coin knock off. sorry if i’m being blunt but it’s cringe. and it’s lame. and it’s everything wrong with crypto. enjoy the pump dude in 10 years nano will still be around and this won’t. i’ll bet you 1 nano. (which will be worth a lot then.)
brb liquidating my 401k
that's for the market to decide. maybe they do not care at all about decentralization and it is just one central server like traditional systems.
that would be at lightningnetwork which is not decentralized at all
partnership(s)‼️ also i’m not even bullish on saitama🤣 just a guaranteed flip for low money,,instead of talking you can easily flip 30’t process that logic...plus that’s a bet💰 have my money ready mf.
well that’s just silly to do that. but you don’t see any value in this token to even make 1000% even if just slightly useful? you gotta stop using emotion when investing in crypto champ.
i’m done taking to you man. start playing serious , or get out the game. im attracted to projects trying to change the world, not ones trying to make a quick buck. crypto is a revolution and it’s not going to be led by dog coin knockoffs. again enjoy the pump. but also fuck off.
i’m not shitting on people who play meme coins to make a quick profit, but actually believing in some shit meme coin past that is all emotion and nothing else.
just because i have saitama don’t mean i don’t play serious idiot🤣 that’s just a coin i turned 20‼️ good day clown 🤡
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i'm still down like 10% lmao
added more to my banano bag, currently up 40% probably gonna swing trade these moves
mine right now is , up about 9.3%
no kidding, i thought christmas was gonna be red. looks like green is coming
i was so happy to see my portfolio in a less intensely dark shade of red
you guys have good performing crypto?
nothing fancy, % today.
this is why i do leveraged contracts. my
it was xcad which i then sold to split the money into harmony and ergo because they haven’t recovered that much yet
xtz & algo are two of my fav projects finally making its way back. making its way back.
my shitcoin wallet is down like 60% smh
rentible (rnb) - incredibly early but i’ve got a lot of faith in the project. long term hold - see you bitches on the moon
banano, saitama, shib, ryisho, harmony, lrc, cos, ada in that order. only got one in minis today, which is banksocial.
btc and lrc best so far, also, watching shib: it will be listed on kraken tomorrow, load up to make some money
up 32% in 24hr
cro, i bought and it shoot up .30, bought more then it dipped.20, go figure 🤣
vrfy - doubled over the weekend (3m mc to like 6m) - up 10%
still waiting for my usdc to moon...
rfox good one to buy in this bearish market before it moon…
gala has been my best so far. i'm up like 200%.
mine is sys and hive.
i still think sys is going way higher into top 50 the coming weeks. just read up on them.
solana then flipping frames and art punk nfts on magic eden solana phantom wallet.
anyone know about the crypto ? up 20% today. i think it’s set to be the best eco friendly project in crypto. every transaction on brokoli plants nft trees: a tradable asset that earns passive income in their metaverse. they also plant a tree in real life with every nft tree. green metaverse, green nfts, green defi, green api integrations, green yield farming. i’m super bullish on this due to low market cap and the fact that it still hasn’t fully launched and would like to know everyone opinions!
me when burger 🍔
hit is really close to home.
what happened to jasmy? cannot find a comment about it recently. dca or jump to something else?
i buy polydoge everyday.
n- i literally do not have a single coin that is worth more than i paid for it right now. i bought lrc and cro on friday right after the dip and those lots are both right about even right now, and then once cbpro fees kick in they are a hair in the red. and of course i have coins from pre-dip that willl not break even for months if ever. ' ' and now i'm actually down on both despite buying after the crash. crypto fucking sucks.
probably btc or lrc rn
i managed, by sheer stroke of brilliance, to buy the top of not 1, but 6 coins. lrc sol ada amp dot algo considering how well some of these have performed, i need to start selling my buy orders as tips to you guys to sell at the top.
we're all in the same boat mate...i'm still battling with ada because i bought at the top. luckily i've got time on my side so i can wait. feeling a bit better today with the sea of green rather than red. silver lining and all that 😂
nice moves! i'm a big fan of swing trading 🙌
algo has done really well today. i am p\*ssed i did not buy in yesterday because i felt like it was buying the top. can't win them all though ay...
been buying . staking it for yieldly. so glad to see it moving in a positive direction!
yeah, i'm all over it! last year we rallied 198% between dec 16th 2020 and early feb 2021. if that happens again btc is looking at , and we know what that means for the rest of the market 🚀🚀🚀
i'm so pleased to see doge is up today too, i am heavily invested in it after elon got involved with it, and i believe it is gonna go big in january where i hope to sell at just under a dollar 🙌
haha! same here! to the moon we go 🚀**🚀**
mine is still in a lighter shade of red tho but there is hope of it going to the green side soon as pnode is really bullish and on its way to moon.
sand has done amazing, i wish i got in on it during the accumulation phase...cannot win them all though and i do not wanna buy the top!
my btc trade is gonna go off soon, so i'll be happy when it reaches . other than that, i'm still waiting for doge to moon 😂
rail am not doing bad at all for a privacy token besides the rail-sol snapshot was just completed and the attention is still strong, it is never a bad time for rail if you ask me.
nice! are you keeping that for the long term or are you trading it?
i am a fan of tezos, and bought in right at the end of 2020, but i have already taken profits on them and did not buy back because it rallied up. but if it ever comes down a bit, i'll be sure to buy back in.
wow, you've done well! hoge has particularly done well, it is up over 20% from this time yesterday!
i know what you mean. be careful though, you can lose a lot of money too! but i'm sure you know what you're doing 🙌
i like your strategy! very impressive. i think that will pay off to be honest! good luck 🙌
i've got a feeling aragon is gonna do big things soon! it's defo due a pump 🙌
good things come to those that wait 🙌
nice 🙌 i'm bullish on polc, hope it goes to the moon!
love this! see you on the moon baby 🙌🙌🙌
oh wow, hat's off to you! you seem like a bit of a crypto hoarder like me, it is the only way forward 🙌
this happens to me all the time! it's ridiculous. hodler for life 🙌
nice one! great picks 🙌
i have got a small bag of rfox and believe it will moon, nice pick! thanks for sharing, see you on the moon!
wow that is incredible! it's always amazing when you get in on these projects early. the gains can be phenomenal!
tezos has done really well, and is still pumping again today! nice pick, wish i put some money into it...🙌
i'm so pleased with my rsr. as always, i wish i bought more!
gala has done so well! i think it has good fundamentals, although i feel like i'm a bit late to the party 😂
hive and sys have both done really well! i think sys looks like a good potential in terms of its fundamentals, i've added it to my watchlist in case it dips enough for me to buy in. i hate being the one to buy at the top, it happens to often lol
a nice 16% pump so far, amazing! 🚀**🚀**
you know what, in all honesty, sometimes crypto does suck. but it also can change your financial situation on a daim. all i'd say is, do not bet your life savings or house on crypto. be sensible. that way you can afford to hodl and believe me, it is the hodlers that win out (especially on btc, eth and the og's)
my goodness. hedge funds should hire you.
^ nobody tell him.
stake for sundae tokens
nano based, decentralized, instant transactions and no fees. r
i'm all about algo and yieldly lately. farming is fun.
doge to a dollar is the meme so you can rest assured it won’t get there. that’s how the whales keep all you guys invested to lock up liquidity while they sell their bags. 😂
your still in early !
you're confident in doge? even after it dropper from its 75cent perch in like one day?
i'll look into it. where can i get it? crypto.com? or is it one of those crypto wallet things?
but as always wish i had more in it. lots of talk that it may 10-100x with its metaverse technology. we will see. going to load up on more when able.
p.s i bet you're even happier today looking at shib! we are going to the moon!
which hive is that? ive hiveterminal token, hoping it picks up soon
thanks, i love nfts and magic eden is so much better then open sea because transaction fees are almost nothing.
don’t hear many people talking about it. holding this one long term
>you know what, in all honesty, sometimes crypto does suck. but it also can change your financial situation on a daim. all i'd say is, do not bet your life savings or house on crypto. be sensible. that way you can afford to hodl and believe me, it is the hodlers that win out (especially on btc, eth and the og's) when i started in crypto, i put in enough that it would hurt to lose it, so that i was motivated to actually do some learning when things did not go right. but not enough that i could not lose it.
swing trading is basically a style of trading that attempts to capture short- to medium-term gains in a stock(or any financial instrument) over a period of a few days to several weeks.
how can a blockchain have no fees?
it so is! 🙌
got to 80 cents with 0 utility and now has utility with a growing crypto market, doge is not going anywhere and avalanche cannot top it, a dollar is not expected by most but saying it is impossible is what they said about it ever hitting a penny.
that's why i'm selling below a dollar, i know how it goes. the greedy whales are the only ones that win out overall 😂
that's true. too many times have i bought the top though! it's a bitter pill to swallow. the daily chart looks like it is in deciding mode. i think it is definitely a good bet for the long term though even at today's price.
i am confident because elon is taking the doge-1 rocket to the moon in january. also, i bought in really early so it is not a problem for me to hold at the moment. it is also potential that he will use doge as the currency on mars. that would be insane, but if it did then i would be upset that i sold under a dollar, let us put it that way. but even if all that does not happen, i would not sell until january just in case lol
rail is only on uniswap for now, but there is a proposed listing on bancor coming up very soon.
you know what...i tell this to myself most days. then when i'm ballsy enough to ape in, it goes down! wtf lol.
i added it my watchlist but forgot why... please can you shill it to me?
which exchange is it on? i'm interested but do not have access to it on the platforms i'm currently using.
i’m not saying it’s impossible. i’m saying it’s a high enough goal that people who latch onto it consistently lower liquidity for whales who are more than content to make 10% swing trades all day long.
i greatly appreciate your information. i was completely unaware of the doge 1 rocket. that will definitely make it jump.
i have a tendency to buy on top also. haha
i got in mainly because of the people behind the project but it actually has a lot of utility now such as nfts, decentralised finance tools, gaming etc. smart contracts can be upgraded, meaning ones what are already on the blockchain. i’m not sure if this is unique to cspr but it is different to eth in that way i believe.
i got it on crypto.com. i am from the uk so don’t know if they offer some that are region specific. (i know coinbase have done this)
yea probably a valid point, i do not see doge as a get rich quick scheme like some people having missed the run but the meme aspect alone brings in a huge market that many coins could never access being too "boring". see doge as a longer hold now, wait for that robinhood wallet and more utility to take hold.
thanks! i'll keep reading but people are key to progress. i'm hooked on algorand atm - top cryptography guy in charge.
thanks! i've put it on my watchlist on [crypto.com]( i checked the other exchanges i'm on but not that one lol 😂 to me, it is not quite in an accumulation zone but it is getting close, so i will send some money there and set a buy! appreciate your help.
"and that is why nobody asked you \*belch\* m-morty..."
allow me to say ...congrats and fuck you. looking forward to you loss porn. edit: full sentences hard
we can say we were here on day one
i believe this is the tarot symbol for giddy up
man, exactly what i was thinking 10 seconds ago.
the autism is strong in this one
you son of a bitch.
tards and hodl...this is the way
first award on first meme
and you posted the best type of memes, rick and mortys!
we should allow gifs, all crypto retards love gifs.
i am programmed to always be looking for the next big score 🤖
oh boy, here i go yoloing a shitcoin again
truly a historic moment, gonna have to tell my grandkids i was here
damnit! i wanted the first meme.
hodl the line pi doge eth etc btc ltc
i already can’t afford the stocks i own, now we add crypto?
i’m in too. just put my first 2k in on lite coin, derivadao and shiba meme coin, collectively. time to lose some money together
they cut off my fucking brrrrrrp… face
and it was that moment i knew i was home
i’m just happy to be here.
my exact first thought when i heard about this subreddit lol
derp, i was here
i just hope it is not one of those p&d groups again, but with blackjack and hookers
first award on the first awarder of the first meme
truly a historic moment, gonna has't to bid mine own grandkids i wast hither *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
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no, all of my money is already in lrc lol
i am goin full el salvador, buy 100 bitcoin on the dip
is this a dip for ants?
no matter what the market looks like i buy on as many red days as i can, even the green days if its far off from ath. every week at least 50-100 dollars flows into the projects i believe in, such as btc,eth, one(stake on mainnet decentralize the network use smaller validators if possible to spread out delegation in network, get rewarded 9-10% apy, when your validator gets chosen for an epoch your rewards gets super boosted). i also like other projects such as zcash and monero. privacy will be a huge thing in the future, financial privacy should be one of the keys to liberating people from this fucked up system we live in.
yes. gala and cro
the dip? lol its called sideways...
cro is on sale
definitely buying more shiba
i'm buying more eth, algo, vet, matic and also rail as they are all great and good recommendations
i’m relishing these most excellent prices and filling my bags full of bitcoin, ethereum, algorand, stellar lumens, cardano, cros, clover finance, chiliz and got some doge again at .1979. 🤯 my bags are nearly full, but i would still buy even greater dips should christmas come early. what a black friday sale it’s been for crypto. if you aren’t filling up your bags now, when would you?
yup time to buy some more oasis network!!
hardly a dip, more of a plateau
literally happens every 3-4 months
i sold my house and bought the dip
everybody: freakin out me: when moon?
i’m buying qrdo but also want to buy others, still not sure though... best value for money now?
yep! fjb and cro
leonardo must be so happy that is more famous with his meme. i wonder what he thinks
up 20% on best eco friendly crypto project forsure
yes. i bought some more matic, pkr and icons tokens.
best you get into the arc token ido 2nd december on polkabridge, poolz and bullperks, better still you get some icons that recently got launched and already trading over . it will take fandom to the next level. the romelu lukaku nft drop actually captivated me cos i am a big fan of his
it needs to be at least... three times bigger
i used to be a big holder of one from it was 0.008 back in february this year and sold 75% at 37cents real great project. xmr would be one of my favourite coins to hold because of its transactions being untraceable literally a slept on coin imo, plus it is one of the main coins that is used on the dark web along side btc.
where do you snag your zcash and monero?
i believe in atom and its ecosystem coins. osmo is the defi project in it and currently paying 128% apr which is 228% apy by staking the rewards i get. i'm staking the rewards daily for compound interest
oh yes. i've been successfully day trading this dip with mana and gala then dumping all the proceeds into cro
um, no bruh it’s a dip, ada and algo are affordable af bruh. fill up your bags now or fomo forever.
sideways or front ways, i'm picking some ftm, matic and probably get some sylo. these coins have huge potentials most especially sylo which has a very unique use case like the sylo wallet and messaging app.
what’s your thesis on xlm? i love the project and they’re gaining important partnerships, but nothing actually *uses* the coin…
in the us you can buy monero on kraken.
ada is ass and you should drop those bags. with dozens of choices, why would developers use cardano when it’s 100x more difficult to build with?
so you’re here to troll me bruh? my thesis? dafuq you sayin bruh. first you say ada is poopoo now you doubt my xml. you have anything positive to add or you just here to rain on my parade?
oh rly? well i noob and although ada may not suit your likings as a developshmer, i don’t know what you’re talkin about bruh. care to edumacate or you just gonna be an asshat?
its clear you know nothing about ada lol while its harder to code, its also more functional and less bug prone because of the nature in which haskell code functions are written... then you've got security, dependability, hard fork fail safes, did i say security already, low transaction fees, quick transfers, easy nft minting, easy(relatively risk free) staking, dapp friendly and its a network that is being developed for future adaptations and applications; as opposed to being rushed to be brought into a market of over saturated, half-ass functioning coins🤣 those are all reasons why people are using the cardano network to develope dapps and smart contracts 🤡 now does that mean ada if full proof, flawless and guaranteed to only go up, of course not. its still subject to all of our favorite shenanigans in the crypto space. charles could be a zebra wearing a scooby-doo mask, who knows, i mean...come on.
you could do some research about it instead of acting all arrogant in the same breath as you call yourself a noob.
i could. i’m not the one telling others their coins are shiate without solid information or arguments. and i plan on doing research… just would like to hear this nagging negative nancy’s ideas first.
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don't worry guys, i just sold. so it has to pump sometime this week👍
it’s about harmony homie
time to load up
i swear, cardano pisses me off as much as doge
loving my ada! it's all staked and keeps climbing in the long run
dude, invest in an altcoin that moves and buy this with the profits. lol
slow and steady. patience.
my average price is 2.75
if i sell my bags this will rip. no doubt.
cardano: literally up 100x reddit: do something
i ditched my ada and reupped more ftm. i was sick of holding bags of it.
honestly, it is really not about ada anymore but what will be built on ada there's numerous amount of ispo's out there where you can just park your ada
bye felisha! me after staking ada for several mos and watching other cryptos making sweet tendies
the software is a hot mess of spaghetti cardano needs to go back to the drawing board. dont believe me? fire up one of their nodes with stake pool and not a prepackaged docker image of spaghetti grab a full plate instead with bad documentation and zero support from the community.
i invested in cardano for about 6 months, i should have sold around the ’s just hindsight. decided to drop it when i realized how it’s insanely overvalued for really not doing much, just charles is a great marketer. you’re better off investing in lower cap alts that have room to run or just keep in bitcoin
algo is the tech cardano wants to be one day
sol, luna, algo, dot, matic, link all great projects, i held ada and staked it for a while but summit was a non-event and no programmers seem too keen to utilize ada. i did read about a direct nft marketplace that might make purchases on ada super easy, but i did not read into this as i'm not holding cardano anymore
i fomo’d into cardano and deeply regret it. fuck cardano.
cardano is dead. move along.
jasmy is where it’s at.
worthless, might crater soon
same but card = n
what do you expect when charles was kicked off the ethereum team.
usually not as strongly correlated with btc and eth as other alts. it will see some rotation of money soon, as it is coiling up for a breakout. ada likes to rip and then retrace about . not much more patience will be needed, i can imagine we will be surprised in a matter of weeks, not months at this point.
last i read you can’t write smart contracts yet. its still in developmen. is that true?
ada is a stable coin. deal with it
i switched to . cardano chart is boring
i know... it is like my fantasy football team. as soon as i buy in, they dry up!
dump it and buy banano
does today's crash count?
why would it? cardano is one of the slowest smart contract platforms on the market. cardano avg. transactions per second = 7 solana avg. transactions per second = 50,000+
okay i’ll go down
an announcement of an announcement will drop soon
and still we wait!
me too !! i sold all my crypto. 6k-10k overall now i’m out of crypto entirely
pretty much annoying. probably i'll sell some ada in my bag and invest in matic then keep some fiat to invest in upcoming projects like that of govworld that is launching soon.
🤣 yeah! tether 2.0 (just loves that )
i sold it all 2 weeks ago. i cry myself to sleep now.
its your chance to get into atom now , 80.
at least one is not a meme
i've double my cardano with profits from shib...
i'm beginning to think of selling my cardano to add more to my matic and probably buy some arc token next month
we have saying in canada eh, it called "what have you done for me lately"
it already done enough. it's not a good buy now. max it can do from now is 2-3x
yeah, but i'm not up 100x...not even 1.1x
you did good. ftm will consolidate now because money rotation. sol > avax > ftm > atom ecosystem now
congrats man. i came to exact same conclusion. guy is a one big fucking psycho. trump of crypto if you will.
so why is the price growing steadily?
it's the classic mainnet curse. before they had smart contracts they could claim anything they wanted, i was told that the alonzo release along with the erc20 token converter meant that most eth projects would port over and eth would die. but with an actual production release people can see that all the hype claims were total doggydoodoo. smart contracts are barely functional and now the next promise is the hydra scaling solution that is technically inferior and slower to market than the rollup approach eth is taking. ada is just a promise coin with good marketing and a religious leader
you can write smart contracts and plenty of people are working on dapps. the problem is they take time to develop.
why would you do that? i understand if you really needed the money, but dang.
i am sorry bro
yes matic, i try to mine it everyday
>max it can do from now is 2-3x lmfaoooo we're so greedy in crypto
stake and forget. go research other projects.
the big announcement is likely coming at the end of the fantom devcon, they’ve been rolling out a new big item everyday of the conference thus far. i’m fully expecting friday to coincide with a coinbase listing
ya i mean i personally think cardano is still a solid project, but no reason why it’s being valued at multiples from avax, sol, ftm, etc
well. its not. but reason for it not dropping to zero is cultist buying for their last dimes and hoping for new ath. i mean, they do call their updates by famous people. charles snorting cocaine and fucking hookers in vegas. edit: also worst gain last 7 days in top ten coins. what are you gon do with all that cash lol.
markets are irrational hence why you have a coin with zero use sitting at behind eth, bitcoin, and bnb. then you got things with real dapp usage and high dollar volume sitting in the 20’s
lots of grow today. out of top 10 by the end of the year.
i got some injuries and couldn’t work for a while so eventually i had to liquidate all my crypto which i thought i wouldn’t need to because i’d be working
no i did not need the money. i have paper hands. my portfolio was 80% harmony until 2 weeks ago just before the pump. i sold it just the day before it started. :(
we know doge is a meme, but i just dumped a good amount of my ada to hop in elsewhere. good thing too since a ton of cryptos just fell, including ada.
financial advice. buy .
took half your advice and sold some of my bag to yolo new projects.
damn. i sold 75% ftm at 3.2 to get into atom. atom moved 7% since entry at 34$ i'll try getting back in with atleast 30% back
i agree, crypto is all about hype not fundamentals. but when the bear market comes hopefully things will be more rational. "only when the tide goes out do you thiscover who's been swimming naked."
get well soon bro
don't feel bad most of us have been there. just remember if it is a solid coin you can have faith long term. no need to get worried.
damn my boy, i know the feel. i was in sol at 40ish- then put more at 60. seeing it basically stay at 140 all week i was like meh. it's not gonna- right when i turned it into usdt it rockets off... i do wish i put all my eggs into that basket tho back when it was 60. could've made a real good amount and put back into my savings.
lol i've been in atom since
check my post on hbar. opened a leveraged long yesterday
that’s why i’m invested into anything with actual usage. users won’t let the entire ecosystem die just because it’s a bear market. technically that’s a thiscount period for them.
thanks man i hope so
ok then. any newbies seeing this, buy atom
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you will have here 30 comments, and every single one will have a different oppinion on the matter hold eth, dot, kda , link for longterm and follow on which project are launching with their help. just as nft's built on eth have some value and sense imo so will have the dex built on kda network - kaddex - imo 2022 will be the year of "dex wars "
just buy a shitcoin like shibonk that should work
literally what i was thinking about while in a meeting listening to some dumb piece of shit spouting off at the mouth who is a higher level than me and literally has no idea what they are talking about.
me every fuckin day waiting for doge to blast off again.
trade like your life depends on it
i need to get rich for my kids.
luckyblock coin to the mooooon 📈🙏🏽
i have 5 dollars of doge when will it be 1,000,000?
my brain half the time
metapets will make you rich. thank me later. 1.5 months old, transparent project, doxxed, audited, great idea!
people w mental health issues are like wtf? i space out and dwell on childhood trauma. that dude got it made.
guys look into a company velas they become ferrari formula 1 2022 sponsors! all that cash made from the crypto universe.
when the market controls your sleep schedule
this is very true. i do need to get rich
i just woke up and the first thing i saw was this. i have empty pockets but a full heart. 🤔❤️ first wealth in health and spirit
buy a bag of unb. stack it for a year or two and retire. pretty simple solutions with little though. get back to talking to your homies
just buy 100k of poocum coin and you'll be fine!
check out this new project, scratch, they launched a stealth presale on friday and in 48 hours they have almost 500 members and announced they have received ~250 "donations" and ! also, there is an ap news release coming out this week to 4000 news outlets. definitely worth checking it out before that hits. looks solid. gonna be big. telegram:
female to male rocks my sox
specifically: this person should have been fired long ago but somehow managed to stay. she took over a program that was already running and then took credit for it later on… which she basically had nothing to do with it. i coordinated with a team to build out apis in our core platform to build out an app within our crm. she took the stage today in a meeting with 40 people to say that my implementation was wrong in the crm. i immediately corrected her and told her how it was built and if we were changing it… the team who built the api needs to take into account how she expects it to work and that the crm was merely conduit. fuckin garbage i’ve hated her for so long and she won’t get fired. just got promoted before both her bosses left. each one left and promoted her on the way out. like a fuck it… i’m leavin anyway.
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the lion, the witch, and the retard.
hi i spam r’ll burn a bunch of shib… 🤦🏻‍♂️
i quit “game of war” as my army could be wiped out over night, it happened several times. crypto seems no different 😂, except you also win real money 🤑
to soon it's not monday yet
i am you as you are me.
now you can prove you're a complete smooth brained retard all day every day instead of just during market opening hours! :d
plus while you sleep!
amen brotha 😂 just wait till everyone finds this one trick out lol!
lol i was just thinking this the other day, too funny. well done!
wow i've never seen this before this is super hilarious and brand new wow this is funny
don't forget to lose money on nights and holidays too!
how do you lose money in crypto?
how are you losing money?
pooniverse coin, catgirl, and mastiff inu to the moon 🚀! these coins have great devs, great communities, and it’s still super early. grab your bags to the meme moon! cause we are taking off and we aren’t coming back 🚀🚂🔥 catgirl already listen on lbank and soon on bitmart, others listings inc 🚀
any one getting in on pink floki bsc official (pfl) pinksale. pinkfloki . net ... is the site
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loopring is dope got in at 55 cents hopefully gamestop rumor are true
i just dumped a shitloaf of cash into one when it dipped last friday. pray for me
algorand. great value proposition.
lrc, cro…. all in. dobo for fun.
ckb and one. big believers in these two 🖤💙
don’t know why nobody is on rose yet. you can thank me later :)
algo, matic, lrc, dot, ada, gala, mana, sol, avax, amp, ltc, xlm, ach, cro, one, hbar, ckb, and cos. i dropped jasmy recently. deciding whether i should pick it back up or not. also invested in arpa, but that was kind of an impulse-buy. my only shitcoins are doge and shiba. i also have the tiny amounts of iotx, grt, clv, fet, and auction from the coinbase learn and earn. i might put more into those in the future.
nano--decentralized, fast, feeless and green. the only crypto i would actually use for payments.
celf 9% in busd reflections every hour
fcf has been steadily earning me a little bnb every day since i bought it a few weeks ago. the tomenimics and applications are both pretty interesting.
i recently picked up some . at a great buy in price right now, and pays you daily based on volume. right now it rewards in matic. staking coming soon and a fully doxxed dev team.
hoge is what crypto should be about - full decentralization, fun, and community driven.
smartlands (slt). 7.1 million total supply and currently . [smartlands.io]( if you want to research more.
mdf! first etf crypto project, bulit on solana ecosystem with only 2 mil mcap 🚀🚀🚀
gns - gains.trade - decentralized leverage trading in polygon using dai directly from wallet.
long term holds? i fully expect parsiq (prq) to 100x at least. nkn is probably going to 20x or more. please note i'm talking about the course of years here. among projects i really understand i'm most bullish on those two.
magic internet beans, cumstar, cleanocean, solarfullcycle, florida man
i'll hit you with a small cap one i really like, stmx. crypto back shopping with higher rewards the more your hold, 10% staking rewards paid out on sundays.
metaverepro, staking defi 2.0 coin
ens token! tldr: **the .com of web 3.0** it’s a great project and the token just launched. it’s my 5x to 10x bagger. if you’re bullish on ethereum, you’re bullish on ens. fyi: “ens is an ethereum token that governs the ethereum name service, a protocol for human-readable crypto addresses and decentralized domain names.”
you have a smoll pp if you don’t hold goose honk
imperium token on polygon.
safemoon, hoge, dcip, raven, cos, dot, lrc, shib, gala, one
cro and the vvs mining partnership
hex hex hex hex hex hex
my alt port is equal weighted with a rebalance strategy using a 15% threshold. ada, matic, one, xtz,sushi, uni, bnb, vet, sol, algo, egld, atom, hnt, zen
biggest ones for me are matic and one. one has excellent defi development, basically free transactions and super fast. plus the crazy stuff with the 1wallet on the horizon. matic is just matic, i have a feeling it is gonna get very powerful soon.
hbar. uses cases are through the roof.
sylo - it sounds like they’re going to have news on partnerships and collabs by the end of jan.
lympo i think the name speaks for itself
i expect rvn to .
ecomi new one not known yet
neo vet ela nkn rndr lrc
assemble protocol seems decent
lrc, ckb, hbar. these three will lead you to the promise land, eventually.
this sounds like my portfolio. too lazy to list them all.
shibonks hitting hard rn
ada, pkr, icons, matic, vra dot and sylo. these ones are my favorite sure bets for long term, i'm optimistic they can really do well overtime.
i started monitoring luna when it was in the -, wishing i threw in more instead of celo but you win some you lose some. 👍🏻
it is the first l2 dex with lighting (fully decentralized eth to btc lighting without the use of smart contracts). it has been in development since 2018 and the full platform is going live on the 10th. i think these will be the last few days before it really takes off. look into it a little bit and you will be amazed with the tech ' edit: also one of the few altcoins to retain value during the flash crash last week (it actually went up about 40%)
this is awesome!!! 😂😂😂
next thing you know you’ve lost your shirt.
have you ever heard of bico? it’s a user friendly and frictionless network with a market cap near zero. tons of room for growth! you can get in for the low cost of near 6 dollars per coin! oh and lrc
feg token is my favorite, they also have rox and working on something called usct i believe.
banano and loopring. 🍌🚀
lrc, vet, shib, cro, nano, ltc
hbar, algo , ckb, one making a lot with swapping algo for yieldly and staking through there as well.
as always my girl ergo. we have a love hate relationship, but one day she will come through. edit: grammar
serious alts: ada, algo, xtz, hbar, xno not so serious, but favorite both as a community and has a great potential reward: ban 🍌
shib, there’s nothing else
etc bought the dip but also holding since 5.25 😁
omi ckb lrc blok opct ankr poly amp one xpr tlos
lrc, jasmy, spell, hoge, and rocket bunny. i’m either rich next year or retarded
, it’s going to follow in ’s footsteps and reach 100 mil mc, which will give investors a x400 their investment. the devs have some shit lined up that i will wait for them to announce officially (they mention it in the telegram), that i think will take them to 1b but that is a pretty huge challenge. if you are wondering why ... . they will jump in first with their gains, propping it up. i am only an investor but i have a special sauce that is apparently working because half of the new people i see on twitter liking our tweets are also involved in dobo. same with new telegram people. on top of that, we literally have the best memes ... which is great for memecoins. the community is very positive, reminds me of superstonk in a ton of ways, and i think that alone will play a huge part in the success, since we all believe in the coin and know everyone else is hodling. the only people to sell this past week were poor people that enjoy making ... at least that’s my guess from the transactions i saw. should mention it’s a bsc gem. once we hit coinmarketcap and coingecko... it’s time for rocket boosters.
not enough shiba inu (shib) represented in here, too the moon! 🚀
ada! the only coin being perfected…. the rest is marketing hype….
in b4 shills for dogshit coins. matic
i know someone is a noob when they say vet and ada are the best alts 🤣🤣🤣🤣🤣🤣
metawars.gg mint your planet here for the chance to mint planets worth multiple bnb. must connect to binance smart chain. 1bnb(bep20) minimum to mint. or, lower your risk of minting a lower tier planet and purchase your planet(s) directly from the secondary market at nftrade here - ama with metawars and metagods team on december 10th. metagods has partnered with metawars as a launchpad. planet owners, through planet staking. check it out! metawars.gg
been waiting a while now to buy vxl
let's go voxelx all the way to moon
harmony () zuna coin () lunar () i have some creampye () but i have less faith in that than the others.
kda. good to hear nobody mentions this. so this gives me hope, i am just quite early. 🙂
multivac, you‘ll love it
dcip.finance bringing investment hedgefund to defi is absolutely a genious idea. also that it is fully led by community. we as a community vote on investment proposals, then if it passes the voting, the proposed investment gets executed. after liquidation of the investment, the profit gets fully rethistributed to the holders, that were holding dcip atm the investment was made. low cap at currently fully diluted mc of roundabout 18m. take your chance and be part of the first fully community led investment hedgefund on blockchain. available at pancakeswap, flooz.trade and buyable with mastercard or visa on indacoin.io! whitepaper and security audit always do your own research and due diligence! not a financial advise, i am no financial advisor. just my personal opinion.
jasmy, cro, doge, xyo, spell, amp, shiba, lrc
koinos- made me 15k in the past two months. still tiny market cap and actually a fucking legit project. sorry for the “fucking” i just get jazzed up thinking about hodling this gem
let's go brandon coin ()
nice one! it's always amazing when you get in early on these projects. lrc is gonna be big!!
not financial advise, but same
i missed the run up, but bought lrc it the other day on the btc dip. already up 55% 😎
bought a while ago, i'll pray for us both. cthulhu will have our back.
you do not need prayers for one. it's the future.
good investment so far for you then
same here went in on one!
a wild dobo holder in his natural habitat bonk haha
i love ckb. feels like a gold mine
i’m all in on these 2 🙏
what exchanges? and i'll thank you now! lol
me too, staking this for loong term
you sure you're not looking at my portfolio? 4reel tho, that is probably 90% or more my alt holding, where we differ is our shitcoins, i hold safemoon and hoge.
personally i think jasmy is going to be big, but i eat crayons
matic has me feeling real fuckin' stupid for selling at like a . my pos was 386 matic .62. left like . can't bitch too much about making money in a trade, but still. :( i think i sold a day or two before marc cuban got involved, which rocketed it for a bit.
why would you drop jasmy? have you read the use cases?
almost same, dropped amp, ltc, xlm, kept jasmy, got some ftm, luna, ilv and enj
what about 🤔🚀, 12m mc, easy 100x pump
got a lot of solid stuff in there. i probably have (small) holdings in half of those.
ok, and now for ones that might do more than 3x-4x in the next six months . . . ?
you are the ultimate crypto hoarder! i love it! i think the alt's have serious potential. you've gotta be in it to win it!
you hold 18 different coins? bruh concentrate your bets consolidate that portfolio or ngmi nfa
xpr would like a word
how is it green?
awesome! nice picks 🙌
sounds like a good one, thanks for sharing! 🙌
hoge and egoh ftw.
cumstar 😂😂😂 i just cannot...
nice! thanks for sharing.
oooh for real? that would be nice!
sounds good! i am watching both of those.
i like it! thanks for sharing!
nice! haven't heard of bico, i'll take a look. lrc is definitely a good one!
dogs are cool, but apes need potassium
matic is not even an alt. it is cost effective eth with "eth 2.0" technology already built in.
vet is good and a safe bet. ada well after more than 5 years still now working product ... .
oops forgot the nftrade link
let us become one crypto brother
you think its got a good ceiling?
it was at .16 when i bought i figured cant go much lower lol
i was planning on investing in both safemoon and hoge, actually. i went to the safemoon subreddit, it seemed fairly dead. i figured maybe it is already peaked and no longer a viable investment. hoge is one of those shitcoins i'm super tempted by due to the fact that it can easily blow up. the only downside is that so many people call it a scam. i do not know enough about shitcoins to make a decision.
i'm hearing a lot about jasmy right now...what's the deal with it?
if you can explain why i should or link me to an explanation why, i'll be willing to consider it. i'm playing the long game with basically all my investments (yes, even the shitcoins).
i hear what you're saying, but never feel bad for taking profit. it frustrates me every time i trade when the coins rocket up above my sell point. but you cannot have it all! fingers crossed matic comes down to your buy point 🙌
i have, and i was super sold on it. recently, though, i saw its devs getting dragged on the wsb discord server. some extremely valid criticisms were pointed out. i decided to dump it. now, though, i'm starting to see it being praised again. not sure what to do at the moment. i might throw in like .
yeah, ltc and xlm seem like they are silent. i'm not sure if i should stick with them. i remember jasmy getting dragged in the discord server with some very valid critiques. decided to dump it at no loss there and then, but now i starting to hear its praises again. i'll wait for it to continue on its downward trend for the time being.
i'm in this for the long-term, personally. the ones with massive gains require too much knowledge i do not have, and require too much research i'm too lazy to do. maybe hit up those xmas shitcoins if you're trying to be in a lambo within the next 6 months. or a cardboard box, depending on how much you risk.
no. this has saved me a shit ton of money from the recent dips. one coin might be a 50% down, but another is 200% up. i've been able to keep it fairly steady, which is pretty surprising considering the volatile nature of crypto. dcaing my way up. i'm not expecting these to go 10x in the next 3 months, but the last thing i want is to deal with the major regret like i do with eth. i had an opportunity to purchase etc for around . i was too cheap to even throw in . not making that mistake again. crypto is the future.
i have a bag of xpr but it is not fast enough, has inflation, and an ex-dev has been dumping huge bags for weeks with no end in sight. xpr is more a competitor to eth, iota and vite in any case.
algo would like to speak to both of you in their office. immediately.
there are pills for that
they’re doing better than all other coins rn
depends on who you ask. to some everything besides btc is an alt.
sounds like you're describing harmony 🤓
i'm waiting to buy on launch too 👍
i got in to both real early, middle of march. i'm sure you might be versed in sub like safemoon where there is a ton of ppl who were buying on the way up, "wen lambos", "never selling" types. well they have been quite quiet lately due to the dips we've seen. what i see is that the devs(wallet, dex, etc). i also believe their goal with this v2 consolidation is to be more attractive to a binance listing as of right now, it is just too many zeros. if when they get that done, i see sfm going back to ath and beyond. as for hoge, they are working on things as well, but right now i think some of their focus has been on marketing, or at least it needs to be. their volume just is not as attractive. but i'm convinced they are not going anyway, just got a bitmart listing, and they have a top 5 exchange listing on the horizon and paid for, i just think the volume needs to be there for this to get done.
hoge is definitely not a scam - super decentralized and no dev wallet to even 'rug' or siphon. that's both it is great strength and weakness - the community pays for everything and develops everything as it is an open brand. i think that as the market rebounds, some projects come out (hoge nft marketplace, hogeswap audits), and the top 5 exchange comes online, we are going to see a lot more interest and price action.
it’s a startup company in japan and they have some revolutionary ideas planned in the future. it’s a long term hold but i think it will pay off huge in the future.
fair point, we are fairly early i believe, as the coin is not well known outside of japan. big things are coming though, i think next year should be very big for us.
[why are you here?](
you do that bud. . not exactly significant
algo is slower than both and has fees...
i like harmony one a lot (and holding a bag) but it is not positioned in the marketplace to vacuum up all the eth dapps avoiding fees like polygon. long term, harmony one is going to be huge.
also a big hoge and egoh hodler!
there's still money in decentralized currency, dude. not everyone is in this for lambos. i'm in it for the projects because i believe in them being a part of the future.
clearly, you do not know how to read or do math. it was . ~7.69. multiply that by eth's current price per coin and that would be just under ,500. and that was just .
barely and has tons more uses than nano
i find your autism . . . lacking . . .
you said etc idiot
5x slower and would be a poor user experience during checkout. use cases are simply not the same.
i've still got my hands in doge and shiba. thinking about getting into hoge and safemoon, too. again, i do not know enough about shitcoins to invest in them. not only that, but i'm too autistic to figure out how to even buy the majority of the shitcoins mentioned on this sub, which is why i'm invested in all of these mainstream coins through coinbase and crypto.com. if i actually sat down and figured out how to get banano, for example, i'd definitely have a bag.
i said eth right before that. learn to infer, man. do you really think i'd have regrets from a going from ? gala just did that for me a couple weeks ago. it was an investment that i could afford to lose, so a gain that i am more than content with (for the time being).
true, if you want just payments, nano would be better since that’s literally it’s only use. but, .5 transaction speed and hundreds of uses rather than one sounds more appealing imo
send algo to coinex and buy banano. here's something to get you started! .9
why’d you delete it then you bellend. based off your portfolio, yes i do think you’d have regrets not 3x ing
it is kinda weird to be like, "point of sale and online checkout is one use" and then claim smart contracts have hundreds of uses. most people buy stuff hundreds of times a year through point of sale and online checkouts... and far fewer are doing anything with smart contracts beyond irregular swaps and staking. the latter use case is cool and important, do not get me wrong, but it is all insular to the world of crypto rather than connecting back to routine real world use. the main point still is there is room for both use cases and a best of breed approach is my personal preference from a consumer perspective.
i did not delete anything...? it still says eth and etc. the only regret i have is not buying eth back when it was . the rest of my coins i do not really care, as i expect them to increase exponentially over time once crypto sees mass adoption. also, because i only just invested in them recently.
this is why i'm highly interested in the store of value
okay but imagine you concentrated 20% of your portfolio to eth at that time vs 1% spreading your capital thin. it would be the difference of millions vs that 30k you’re talking about
my portfolio at the time was like , dude. i was a broke college kid lol. i've only just started investing into crypto now since getting a nice-paying job. it is what it is. i believe that we're still early to crypto. we're not gonna see massive spikes the likes of btc or eth, but dcaing the major players and legit projects will definitely lead to some pretty pennies. it's either that or it all crashes and burns. i'm fine with either case, cause not all my eggs are in crypto.
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that was my wife’s boyfriend probably, i bought his stack and she wants me back
man if only he knew how to bonk
that would be worth almost 300k this fine saturday.
lol this post just made me jump through the hoops and learn how to buy a random coin through pancakeswap and shit so thanks
and to think the opportunity cost will only get worse. ouch
well i sold 10 billion shiba tokens for like 2k after buying for 50 or so. i feel the pain! not repeating this mistake with dobo.
pain. oh well. there is another opportunity every day.
i really, really wish i had listened to the dogebonk nuts the first time i saw them talking about their coin. they were saying the exact same things at \~5m market cap that they are saying now. it's just that mentality of all these shitcoins to wade through, you really got to blame all the scammers for people missing gems like this. oh well, i'm in. lfg
wow is nummmba one
about to go buy more lol
this is it guys, i think this will be the next shiba
since a fellow degen ape said this, i will load up on my first shitcoin ever! lfg dobo
i know. i cannot believe how much money this is making me. it has the best returns of anything i hold.
how do you even buy dobo?
how come i cant find the coin on pancake swap? dobo is not showing up?
what wallet do you guys use for hodling dobo? i just bought for 500$, currently hodling in metamask
probably too late for someone like me to get in now if .
how do i buy dobo? it’s a shitcoin but i can throw a few hundred at it even if it tanks
it has the exact same tokenomics as safe moon, which reached 5 billion market cap. even a conservative estimate puts it at a 25x from here. the meme game and community are very strong. nfa
bonk! that will be worth around 100 million usd when dobo reaches a 50 billion marketcap
this is the bonking way
can’t wait for the exchange
what's the price of dobo now? i am new, and not been able to take it out of pancake swap even with 12% slippage
that’s a billion bonk at ? he cashed out 45b?
i don’t get what we’re looking at.
i’ve resisted the stupid meme craze as an old crypto boomer. ignored safemoon. rope. ignored shiba. rope. tried my luck with lease because few holders and shiba… meh. people don’t understand supply. dobo i finally got on board with a meme and it’s been a blast. memes are funny. people in chats actually have a sense of humor. it’s normie friendly. it’s true though. finding a meme token that prevails is 1 out of 100 these days. dobo can still easily do a 10x quickly before getting some real resistance.
holy basederinos. reversed rugging and reversed cucking
the craziest thing to me is watching a ,000 sell on the 5 minute cut the price damn near in half just 11 days ago while today that amount was barely noticed. all of this without an exchange
yes. yes it is. i at least tried to get people from this sub to jump in and join the meme-a-thon but it was met with thismissal or slight hostility. sure it was risky but plenty of people in here can afford to gamble away a few hundred dollars. so why not? the ?esteemed? gentlemen over at . although it was just a few weeks ago the few hundred people there were reveling in memes and self awareness. they knew it was a shitcoin but recognized the potential despite it being an acknowledged risk. no begging for karma. no questions about when the token would get to $xxx whatever the fuck. no conspiracies. no humble brags. no hostility towards other coins. you either wanted to be there or you did not and they did not care which way you went because in the end "we all gonna make it" \*^(results may vary. any and all claims in the previous proclamations are subject to change. timing is key. please bonk responsibly)
time for all new pain.
i cannot even go down the list of coins i've sold early without feeling dread. i'm hodling this damn dogebonk until it is at the top. never selling!!
i cant see it on pancake swap... where do you get it?
or the next squid games
proof or ban. you got 24h.
it's too late. go chase a new coin. don't get hung up on yesterday's news.
they sold a week ago. would be a lot more if they sold now. if you buy now, that'll be worth a lot more in the next weeks and months. you'll never get as many bonks for 45 bucks, but it does not mean you cannot make a ton of profit.
buy bnb, transfer to trust wallet, use dapps to find pancake swap, connect pancake swap, search for dobo by address and transfer your bnb to dobo. that's pretty much it. theres visual instructions and videos floating around if you're serious about it.
and if grandma grows a mustache, she’ll be grandpa!
i would kill myself if i was that guy
when you put in how many dobo you want to swap for, put .00 at the end
he sold 1 trillion dobo for 45 dollars. if he waited a few weeks the value would be worth 239k. bonk!
same here. this is actually my first dog coin so i consider myself quite lucky. but i have missed the boat on tons of other projects.
its like calling a game of crash on stake. everyone can say "this game is for sure gonna be the 10x!" and crash out at .5x a majority of the time, eventually someone will be right. it's still gambling, they are not good thesis calls they are lucky calls. also people see these numbers dancing and do not realize liquidity is a huge problem with these shitcoins.
my , but i cannot take it swap it for bnb or busd, even with 12% slippage, do you know why? ' i can keep it in there if this thing is going to go up, it was gambling money anyways.
i use the metamask browser and buy it on rubic.exchange
you can sell your bonk tho
this is what this sub needs. it is. thank you.
that’s what people on here were saying when i bought dobo 3 weeks ago lol. based on market cap there’s still room for gains on this particular coin.
under manage tokens.?... its not showing up
have you tried increasing the slippage to 13 or 14%?
we’re introducing some changes. there’ll be no more of that.
i also only put my money in places where i'll get at least 500x return. anything less is not enough profit.
stoped at 12%. should i up it more. man the fees will eat into the profit.
i am sure the 6 day old account with <100 karma really gives a fuck. hopefully you can introduce something meaningful before this place completely dies. it is already a scammer's wet dream. thanks for trying to bring all these hype bullshit posts under control.
>thanks... i have done this and it still says 0 custom tokens.
no need for high slippage. just change the last 0 in the coin amount to a 1.
so if i keep slippage at 5% and change the last digit of dobo to 1 or bnb to which i want to swap to?
yeah i am... seems that when i copy and paste it changes some lowercase to upper case
correct. if either bnb or dobo end in a bunch of zeroes, change the last zero to a one. i’ve never needed more than 5% slippage.
i will try this and see if it works. won’t to get my initial investment out and let the rest ride.
it keeps giving me insufficient output amount. i changed the dobo last digit to .00 and .1. but both did not work. do i need to change anything to the bnb. it is 0.55 and a bunch of number i guess i don’t add anything to the bnb numbers correct.
try posting on r i haven’t had any issues but i’m sure someone there can help you. it’s an active community.
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ladies and gents … the green dildo !
dude on the moped had me rolling. mans wasted no time to copy the idea
point those damn toes though hey!
\*based on a true story\*
the end is to die for lmao
turn this sideways and you can see the chart of their performance
he’s gonna shit his dick off once he feels that first crypto correction
that man is riding on balls of steel
that’s the fucking wayyyy
really noone is commenting about the freakin’ black magic sorcerey that this is?!?!? is it really just due to aerodynamics? how is that even possible?
the fucking scooter guy! lmao
digimon theme is appropriate
i was waiting for him to get bored of bitcoin and invest in shit coins and crash
that long term investor on the motorbike is the most messed up one. he cannot slipstream like that and does not ever realize he is missing critical information- just like with investing and what to invest in🤦🏾‍♀️
nobody saw at the end the motorbike almost fuck the one on the wheelchair ?
u splet *doge* rong.
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ridiculously undervalued at a 🍌🚀 50-100x is in play. 1000x is possible
been in ban for a minute now. the folks over on r. friendly community with lots of tipping. highly recommend using the reddit faucet
where do you buy this? i cannot find on binance?
i like mine with peanut butter.
lets gggoooo only a 25 mil market cap primed for a pump boys and girls
🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌 ' lets flip nano, follow me. ' 🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌🍌 🍌 🍌
the greatest of meme coins. . then shit would get crazy.
get it on a big exchange and to the moon it is!🚀🚀🚀👨‍🚀
monkey checking in to say hi me like banana 🍌
all i know is that based on market cap, banano is a tiny coin, it has way more potential to 100x then the already billion market cap other dog coins :d
god fucking dammit i was holding this on atomars and the cfo thisappeared with the keys to all the cash, what other exchanges can i use in the uk?
this is the only meme coin which actually has 0 fees. zero. .0000000
dear lord i love potassium. banano is the way. 🍌
i like banano. 🍌
a coin that is actually "undervalued", especially considering it is age and continuous development.
i used mercatox exchange and bought ban with btc easy peasy back in may
lol i just found this wallet from back in 2018 when i got raiblocks \+29331.00 banano am ii going to make it?
love banano! such a fun, potassium-rich community! 💛🍌
apes need bananos 🍌
where can i buy banano? ima look into this and might buy
i do not know what i'm doing. i see banano i buy for potassium.
banano it is a crypto gem. it has good tech, a succesful and resilient dev team, a fun community, very low cap, instant transactions and with 0 fees. jungletv it is truly fun and now full supported by the dev team.
what’s everyone using for a exchange?
you guys can buy it on the binance smart chain as well. wban. you can then unwrap it with bsc.banano.cc
bought for 150 bucks,let us go !!
this is one of those coins you just gotta ape into.
banano dev here, be happy to answer any questions. ' we also have wax nfts you can buy to use in a faucet to earn banano: [ ' also, what to do with banano: [ [
is coinex good in general? enough liquidity to not get fucked on bid? or it really dry like some dying exchanges (bittrex cex.io etc.) ?
is it too late to invest now?
how can i buy banano?
i used coinbase and bought algo than sent to coinex and swapped for btc and then to ban found that to be the easiest and lowest fees
sorry balls deep on hoge yolo, top exchange listing happening so gotta hodl some more
important for people to know that the devs of banano hold 40% of the total supply... it is not hard to see that banano is a cleverly thisguised cash grab for the guys who copy-pasted nano code and created banano
yea i think so to banano is a pretty dope name for a coin just hate how i gotta go through the fees to get me some
the awesome thing about this banano play is that, once it has traction it will keep getting fueled. price pumps up, volume goes up, binance lists banano which makes the price go up more, volume go up more, bitvavo lists banano which will then make the price go up, volume go up... you get it. edit: small mistakey, wrote nano instead of banano somewhere
it’ll go up like crazy as soon as it’s listed on a big exchange. getting in now is still early.
what exchange is the safest to buy this on? thanks
i was in so quick, didn’t even realize. so a wallet filled with potassium !!!!
how is it undervalued? what utility or use-case does banano solve that nano does not?
really is a chill vibe over there ✌🏼
1.buy nano on binance 2. install natrium on your phone (save your secret seed phrase) 3. install kalium on your phone (natrium but for banano) (save your secret seed phrase) 4. withdraw your nanos to your natrium address wallet 5. go to [banano.trade]( and insert your kalium wallet adress, then send your nano to the address pointed (use qr code) it's a legit service 6. you should receive your bananos on your kalium !
coinex, sushiswap, pancakeswap, apeswap
mine it and do medical research, win win!
don’t do what those others said. just send btc to coinex and trade.
coinex is the best way.
also can find it on mercatox exchange 👍🏼
buy on coinex, transfer xlm or algo to save on transfer fees, sell that for usdt and buy banano. here's my coinex referral link for lower trading fees, best of luck
you can also get it for free from faucets - google banano faucet
you can also get it on the bsc, its wban. you can then unwrap it on bsc.banano.cc
how the hell can i tip you some banano?! i’m trying lol
that's the gating action, once it gets on an exchange larger than coinex it will hit the moon
mercatox, coinex i think as well.
use your own wallet?
you're on! remindme! 6 days
gimme or no postassium for you
coinex, mercatox, can also trade moons [ or nano [
coinex. and then get kalium wallet and hold there.
do you know what's happening with the nault banano wallet? it is been pretty buggy and not really working most of the day.
do you care to know why your wife is cheating on you with a bbc? it is because there are only two types of bananos [ and you are not precisely the bigger size
it has liquidity, but the +2%/-2% is like 4:1 right now. [
no. still not listed in any big exchange, ridiculous low market cap, respectable dev team, it is going for a great pump
coinex, mercatox, there is wban on bsc. also swap sites for moon [
i told you to listen to the ape call
how do you transfer to coinex from coinbase?
missed out on them gains
the supply you mention is allocated and slowly thistributed to the community as folding mining rewards and more. every april 1st, they burn some ban. last year, . that's pretty significant. take a look inside and you will see that this is much much more than a cash grab. nano wouldn't have natrium if it was not for banano devs creating kalium. the growth and success of the two projects goes hand in hand.
have been watching the community since it’s inception. it definitely isn’t a cash grab
lol if you had researched for even a bit then you would know that devs are thistributing them through folding(similar to mining), fun games, competitions. devs have been clear that bananos was created three years ago as a fun way to learn crypto not like some shitcoins created overnight. come to the sub and see how good the community really is.
ah yes, an almost 4 year cash grab in which they burn a ton of coins each year for fun instead of selling
once you get it, everything is feeless. even withdrawing ban from coinex. benefits of banano!
just buy btc or whatever fast coin works on mercatox. use mercatox to buy ban.
nano is on binance, did you mean banano ?
coinex has the highest trading volume + no kyc required
it solves nearly everything that nano does with additional utility. it's also currently about 1. i think both projects will be successful, but banano has more room to grow. if nano becomes widely used as i expect it to, banano awareness and adoption will also likely increase, and i think banano will outpace nano in the long run.
it's more private and wraps and unwraps, it has nfts, jungle tv, fun and games. memes! more accessible for monkeys and apes because it looks like a banana.
been in this space for 5 years and it’s only gotten more complicated. guess it’s still easier than buying real estate.
fodl and hodl brother
how long does a withdrawal from coinex to kalium usually take? waiting now since 5 minutes for my banano to arrive.
in the banano sub: !ban 2
the website is all in german?
and how would i get the coins to put in my wallet?
i will be messaging you in 6 days on [**2021-11-04 19:54:40 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
game is on babe
good tasting sofa change isnt it.
nault kinda supported then kinda didn’t support banano. so my guess is they haven’t updated the code in a while. they are third party, not core wallet. if you are using a hardware wallet the camo desktop wallet is the best supported. otherwise kalium and vault.
send algo for very low fee, sell for btc than buy ban
why do not you just go to the banano sub if you wanna talk about banano...? no one has a problem with that. what annoys people here is when you banano spammers constantly come in here and aggressively & incessantly insert a mention of it into any and every thiscussion about nano, whether in this sub or elsewhere.
i prefer coinex over mercatox.
also the r. it is all chill. ppl sending around a few banano with tipbots, just having fun.
if you're investing in banano based on the thesis that it will proportinoately rise in popularity and awareness as nano rises, that is a mistake.
i actually handle most things with binance and pancakeswap. you can handle those, you got 99% you need.
you can just get it on coinex.
it’s easy !ban 10
omg, buying real estate is so much easier. your agent and the title company do everything for you.
usually a few minutes. i guess it is slower now due to increased traffic. do not worry, but submit a ticket just in case. coinex is actually not a bad exchange imo, i'm sure everything will be fine in the end.
only in that sub, what about other subs?
it’s fine. same ui as many other exchanges and spreads aren’t too bad.
yes , it is good. definitely the best choice currently. whatever you do, avoid txbit. it is the opposite.
well once the exchange performed an exitscam on you, you most likely would not. but do not let your coins be on an exchanges hot wallet, to start with. for low budget shitcoins you could use metamask. as i wrote above, i bought busd, sent it to metamask on bsc, connected meta to pancakeswap, swapped busd with wban, which is "wrapped banano" swapped it on pancake (busd to wban) and voila, i have wban aka ban on metamask. but this is a complicated way. you can check on r , there are a lot more options. maybe coinex, and it should be possible to withdraw banano. if the faq and the homepage would not help feel free to ask a monkee (potassium investor) there.
get the kalium wallet in an app store, send from the exchange to your wallet
thank you so much! yeah i am using a ledger nano s.
what would the purpose of this sub if not to talk about different cryptos? people are just passionate about this crypto that’s all, it shows (in our opinion) great potential. it is normally one of the most chill communities but it is currently on a large run so people are excited. but to call it a cash grab is unfair as one of the more established cryptos and so i felt like i had to say something. either way i’ll be bouncing out of here but i can’t speak for the other monkeys going apeshit everywhere. enjoy your nano.
oh the irony with the amount of nano spam you do in r🤣🤣 chill out dude🤣
here's a sneak peek of [top posts]( of the year! \: [we’ve reached 20k!! to celebrate i’m buying 2 bananos for every like and i’ll be giving away 1 banano to everyone who comments.]([10826 comments]( \: [welcome all new monkees to banano! leave an upvote and a comment and i'll tip you 1 free banano!!]( \: [invest in banano 🍌]([3151 comments]( ---- ^^i'm ^^a ^^bot, ^^beep ^^boop ^^ ^^downvote ^^to ^^remove ^^ [^^contact ^^me]( ^^ [^^info]( ^^ [^^opt-out](
you're right. banano will outgrow nano.
time will tell. the banano community is strong enough to stand on its own. i like nano too. but there is room for both.
haha yeah i have pancake swap. i’m jk a bit but it’s consistently been the evidence for me that we are still early. on ramps are easier than 2017 but not thaaaaat easy.
i think you have to do a different type of tip outside the banano sub.
ever sold? also real estate “fees” are endlessly more and it takes 1-2 months to aquire. i’ve got 10 properties and a massive farm and crypto is so much easier . bitcoin is a better stova as well and is quite frankly a better form of property
thx - 20 minutes later, they finally showed up in the wallet. (glad i could get in a couple of hours ago at 0.016)
im in the uk and just did it
yeah we do not really have binance over here anymore, they are all but banned now due to concerns that the fca has. i think they got listed on changelly a while ago, maybe i'll try that, although tbh the price has already shot up too much now anyway.
with no active development? it is just a copy. it will always need nano.
it is all about being deep down the rabbit hole. 2013 i was a lazy fuck overwhelmed by all the cryptoshit. 2017 i was feeling like a hacker only for using bitbanda, anzcoindirect, binance, etc. 2020 i started using swap exchanges with fluffy logos to swap dog pictures. or... bananas.
my exact sentiment friend. been 1 foot in the door for the last 4 years. fuckin extra steps like crazy.
now sit back and enjoy the gains! :)
now transfer it between a second wallet and experience what a meme shitcoin speed should really be.
just showed you one way of how you could swap to ban. swap busd on pancakeswap with wban as long as you have busd you do not even need binance. just metamask on you private personal wallet. but here are already most informations: new to banano? get started here! (faq 2021 edition)
who would use nano when you can use banano? i expect all the nano developers to throw in the towel and move over to banano
it has active development, the team has plenty of ex-nano-devs even
lol undoubtedly. in 2017 just switching around between 10 exchanges using vpns etc (remember cryptopia? lol) and loading up a trezor felt like hacking. also began mining. ive just dcad with easy on ramps into a few projects i love through the bear (one of which is up 75% today) and messed around w a few other projects during this bull. neglected some of the extra stuff and have paid for it in opportunity cost but it’s been a very fair and profitable ride so far.
it's pretty common among banano devs to work on both projects even.
well i bought a bunch of eth 2017. but i changed it into a shitton of lowcaps, leaving a few eth. i lost most, but eth did eth things, so i had 0% loss and 0% gain in 2020. 2021 i had a few gains. in january. :3 no matter how often you fuck up, you just need luck one time. :d so my relative gains are absurd this year, but there aint that much money in crypto since i put most if my "savings" in my own real estate. but crypto is fun, and if i get lucky one more time i spare 10 years of working, now i made like half a year of working with doge, but not cashing out. i'm now in a lot of serious projects. but i will never stop gambling. banano being my latest gamble. (5% of my portfolio)
me in 2014: nobody is gonna want these things. me in 2021: how to i get 50 grand to buy one of these things.
i remember when bitcoin was . hind sight is like 2,020,000%...
that’s not how you use commas and decimal places, fuck that triggers me *full stop*
i invested in shiba inu, looking forward to that being worthless in the future
i remembered seeing an ad in 2011 saying "btc is the future... ...buy now." and i was like *"yeah sure okay."* 🥴
the truth hurts sooo much 😢
crypto has not changed the world yet. the massive majority are still paid in fiat. the majority are ignorant and scared of crypto or think it is just a fad. the majority do not understand that decentralised has a huge amount of benefits that fiat does not. also, if you weren't born until 2010(which makes you either 11 or 12, if my maths is right), you're doing insanely well to be even considering crypto and having any money to invest at all. at that age you should not even know the phrase "life savings". ' ' ' ' ' yes, i know it is not serious and is just for shits and giggles. i get jokes.
til people on this sub weren't born until after 2009
i remember in high school a former friend said to buy bitcoin . should have fucking listened
well then stop wasting money on random shitcoins... problem solved.
wait btc was only ?
but then my wife's boyfriend is going to be really happy after buying up all of the shitcoins i sold on the cheap once prices go through the roof. that's called "futures." 😉
i took that personally .
crypto will probably not change the world. anything profitable will be corrupted.
i've never held more than 250 eur in my hands
at 900, at least just using a desktop. dogecoin has been much more profitable, i mined 200,000 dogecoins pretty quickly. of course i ended up selling 800,000 dogecoins in 2017 for 200.
looool i just took and random picture from google images and didn’t even notice it. seeing it now makes me wanna delete the post haha
i got ’s been around . how much did you put in?
to be fair, would you hold btc since 2010 until now without selling? if yes you might as well buy now and hold for the next 10 years!
i don’t, problem solved, thank you for your insights
you’ll be holding thousands in you crypto wallets soon, no need for unnecessary papers lol
damn bro. you should be depressed now.
he literally started using the decimal place correctly then half way through said fuck it 🤦🏼‍♂️
oh they put a decimal there for some reason
one can hope but alas with my wallet of 69 eur it will never grow that big
no because a lot of things that would have happened that would have made me not hold until ath. i'm just considering it experience and hopping to learn from my mistakes. i also wanted to buy 10 bitcoins when they were 8$, and my wife then-girlfriend told me, bitcoins are useless, we do not have money to spend 80. 😆 to be fair i also bought bitcoin at 100$, i am just an idiot :d. now i just have a no-sell policy until 2040 on my 58 different crypto holdings.
that's just how it is done in some countries.
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i'm kinda ashamed that all these words put together actually formed a cohesive sentence that i was able to understand.
fuck yeah fruit season is upon us my dudes
all right, i fell for the memes where do i buy banano
"trust me, babe. my dad's accountant has some ideas about ducking taxes for this shit."
this was me at a halloween party last night, but you gotta spread the word!
my dudes, i've invested in stocks for a while, but crypto is pretty new to me. the exchanges i use for stocks suck for crypto, as i cannot even find half the cryptos you talk about here. what app should i download to trade on?
can relate - me with my girlfriend every second day 😂
we got a hardy dose of potassium these past few days 🤤
lol going to be bonked one by one! dogebonk on the go
and the manganese of ananos
and then kunu flamed them all
down almost 30%? no thanks ☺️
asm is next, was just listed on coinbase. they have a pretty small market cap with a lot of room to run. their token is audited and held to coinbase standards. the reddit and twitter community is pretty small, but starting to grow fast and this token has some great real world use. definitely worth looking into especially at these prices. people are targeting -10 soon on reddit and twitter. not financial advice!
i just got wrapped ban on pancakeswap
get the kalium app for a wallet. [
transfer xlm or algo to coinex, then chance them to usdt and then banano
[mercatox.com]( is a good option
banano is on coinex
there are many. coinbase“safe” trading and more well known coins with few fees. i personally use coinbase for my coins that are listed there. i like kucoin for somewhat lesser known coins and lowish fees to ramp onto bsc but there are so many centralized exchanges that offer somewhat niche coins it’s insane. i’ve heard gate.io is good. if you want access to almost any coin out there, horrifically bad idea coin or about-to-blow-up niche coin, set up a metamask wallet and add the bsc network to it. with eth and bsc you can swap for just about any coin (eth gas fees are insane though be careful).
whats the deal with ananos?? 👀
damn down 20% after 4xing in a week. must be dead.
great chance to enter!
give it a peel and try it on the native dag network, so fast, so feeless.
still waiting on my account to validate. system has been busy all day. this is what happens meme coins turn the boost up.
just getting started, best time to get in
where is this ananos, love the sub by the way
where? stellar network token if that’s what you’re asking
thank you gentle stranger
man my brain is smooth, can you give a link where i can get ananos?
lobster wallet is probably the best option. all the information is on the subreddit
thanks again, sorry the cellphone reddit app is not the best too visualize sorry and thank you again 🍍🍍🍍
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oh wow! what site is this? i want to hunt too!
and i can’t even find my keys in the morning
nice :) i envy you, but i'm glad for you. spend it wise. quit your job, hookers, drugs, a car that you wreck in 2 weeks, have nothing, not even a job, suicide. see? money is bad. i can help you with that. just gimme :d nah, congratulations and rly, be wise, invest it. spend what you rly need, bills etc., take 10k for fun if needed because nobody needs money when he is dead, but invest the rest. it is only x10 away from a mio. :)
damn wtf - who has the savvy to sell this online but not the know how to look inside it first?
congratulations and fuck off!
big much wow 🤩
i dont get it, are you sure this is real?
can we get a link to this site please. asking for a friend.
imagine if it had been 100m
nice! you should swap it for catgirl. i believe this will be the next shib!
will you cash out, reinvest, or hodl?
its better to be rich and healthy then poor and sick :)
someone sold me a bridge on ebay once, it had a 10k wallet full of doge on the top of it.
wanna send a few to my wallet? that looks heavy lol
you are still not rich 😝😂
-european version of ebay for around much wow
someone pumping a scam to sell empty wallets online.
this was in 2014…
bought it in 2014 and forget about it for 7 years…
yes. screenshot of an old wallet i had on an old laptop. transferred it to a new wallet this january.
i don’t think it’s legal anymore to sell doge on ebay & co… i was lucky hed sent the coins to me after i paid
lol put down the cocaine
cashed out some of it, swapped some to eth, hodling 60%…
nope. but it was a nice surprise. best strategy seems to forget about your investments
the european version of ebay is ebay...
nah, my reading is just bad. i read "i found 10k in dogecoin" and automatically thought in $. my bad. well i'd spend like 5k if in need and invest the rest.
now i'm sad. this was supposed to be a fun thread. thanks for the black pill
my friend was running a ventrilo business for a few years and used the servers to mine bitcoins at one point which he mined 10 of but he has no idea where the fuck they are or how to access them. i like to remind him when bitcoin hits new highs.
fun fact u: bananas, as a whole have maintained a near perfect market value for over 50 years straight. down to the penny most years. bananas, the only true *stable* form of currency.
i should have seen that coming!
there’s another one in switzerland
suddenly a bunch of . come on apes, move out!
i knew it, 1 ban = 1 ban, cannot really be much more stable than that.
lol. in 2014. the guy sold doge online. i paid, he sent them to my wallet. had to trust him. he also sold 1 mio doge for 800.-.
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legit me and being down about 30%
****laughs in negative net worth
"just the tip i promise"
y'all only in 99%?
lol i’m down a fucking a house. don’t tell my husband
on the first top of the year i did not sell at a x amount so i told myself i would next time. well guess what i didn’t, i will hold till the third run 😅
i feel more like 50%-100% always in crypto.
i'm like 15% in and like 40% down in that lol
oh yeah stocks are doing pretty well too anyways haha 😂
when all you have is crypto you are truly free
if i was any more balls deep, i'd be fucking it as bad as its fucking me
screams *buy the dip*
that is no joke - only difference is i am 99% balls deep in eth-call options.
me... and down 50% 😬
i’ll be your financial advisor and i won’t tell my boss what your diversification is
if ye aint first yer last
what if my net worth is -5%? can i call it my bet worth?
how do y’all feel about nft’s?
meanwhile, financial advisor is borrowing against his mil deep in doge
i have under 5% of my net worth in ethereum. i’m currently long term 127.15 eth, staked and hodl to riches!!! glta!!!
are you going to buy the dip?
i'm down like a room in that house, but still...
i’m in for the long hold cuz i don’t believe in taxes
yep, free to not live in a house, or a method to pay for basic goods or services... ahh what’s the point replying to this
free indebt...uh i mean free indeed.
that's a lot of fuckin
2022 will be all about nft's
dude you did not have to bully me
now tell everyone you know that you’ve a net worth of 8million usd. people are very interested in hearing that. i talk about my net worth all the time too, i’m an interesting guy because of it. edit: & considering your post history, i’m almost positive you are all in on eth lmao.
this dude just keeps posting the same lame posts smh, even money doesn’t buy class.
uh? buy and hodl eth to 2030!!! 100x from here!!! glta!!!
yes i'm all in in eth!!! may add another , but this time in ethe!!! insane thiscount to nav approaching -20%!!! crypto market cap will be 100x by 2030!!! glta!!!
i’ll start a position in ethe next week. it’s trading at almost -20% thiscount to its nav. hope to double this short term trade by q2! glta!!!
i will be worth !!! i’m living a debt free life today!!! glta!!!
congrats on that 4.5% apr while down 150-200k on the year
i may start a new position in ethe next week for short term trade to q3. hopefully doubling or tripling it! as for my 125 staked eth, this part is to be held long term to year 2026 (minimum) or 2030. glta!!!
i'm still in the green pal! i'll zoom out to year 2026!!! my staked eth is just a small part of my overall investment portfolio. i'm mostly in hard. glta!!!
uh? lowlife! lol glta!!!
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it. all. makes. sense😲
this guy ran over my gains and crashed into my portfolio.
one of the comments on formula1 was “a crash into crypto. i think this is a sign.” [he was right ](
coincidence? i think not.
*the prophecy is true*
the writing is on the wall.
looks bullish to me
an italian will lough 2 time here, because "investire=to invest" also means car crash then he will cry because of ferrari
that. son. of. a. bitch.
that is definatly the cause. now everything is clear.
now can amc finally have its moass
an italian will lough 2 times here: "to invest" (*investire*) also means "car crash" then he will cry because of ferrari
invest in bitcoin, only join the channel
speaking about f1 and cyrpto, i heard they gonna do a new def1racing project via that sportemongo platform! no idea how it exactly is going to work but well see i guess xd
as a charles fan i resent this but i can’t thisagree
if you guys have suggestions for future prediction tournaments, please let me know! hoping to make this a regular thing!
what do i win? :)
great idea to get the community engaged!
any other coins ?
i could probably make that happen! sounds like fun
sorry, that looks cool but it is too close to self promotion for this sub. my apologies.
thanks for letting me down gently.
hahaha, it is not open source. all that (except bringing down the whole sub lol) is hypothetically possible but it would it be really limited use cases and probably too unwieldy with too many edge cases.
no problem! best of luck!
i love reddit. even the wall street guys are civil!
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yo the voice over is pretty good, good job 👍
jesus christ. that is absolutely fantastic. based on the prices this is old... so i have no idea why i havnt seen it before.
"don't let your memes be dreams" fucking cracked me up
wow how did you get leo to do the voiceover.
“even carlos matos’ wife” 😂😂😂 had me i tears!
^^^don't ^^^let ^^^your ^^^memes ^^^be ^^^dreams
so i should get a second mortgage for this after the first mortgage for shib?
bought 'm not fucking selling! this can easily get past 1 billion market cap (20x) and is built on a great technology platform.
this video is a piece of art
the upside of nano
get this on r! 🍌🦍 u😀
yep. got my k for the day. took a minute to find it. coinex ftw.
i'm glad you guys are at least self-aware enough to cast yourselves as the guy who went to prison for peddling scam investments
i’m in boyss!!! in the famous words of frank sinatra “fly me to the mooooon!”
my god how do i get in on this banano?
opportunity to get in roght now !!!
this is so good! post it in r
heh, fitting. shilling a scam.
wait, so is it nano or banano we are pumping? i am confused
can't get it in the us? or how do you
what app do you all use for your crypto
i'm searching and searching i cannot find banano
which movie is this?
people actually buying banano when hoge is confirmed being listed on a top 5 exchange within 2 weeks? talk about hating money…
sell shiba and buy mana!!!!!!
a week is a long time in cryptoland
he's an old friend 😅
that's what i'm saying. the potential is literally insane.
spread the word of banano to get to the mooon
¿por qué no los dos?
banano has way more potential. below banano on coinex and has a way higher mkcap. meaning not much steam left. become an ape 🦍🍌 we welcome you
the easiest(no kyc exchange) by trading a low-fee coin available on your preferred exchange (some commonly used are xlm, algo, xrp etc)
where are you searching
wolf of wall str
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okay but hoge has no potassium 😎 get on our level 🙄🦍🍌🐵🐒
how much is the fee for coinex?
> coinex (no kyc exchange) coinex has low limits unless you kyc. be careful.
i'm having trouble transferring from crypto.com to coinex, any advice?
thanks! this video is very well mixed!
not sure but it is very little since banano itself has no fee
thanks for letting me know. i’ve only ever bought small amounts. i earn mine through folding as well giveaways, faucets and tips 😊
where are you having trouble? withdrawing from crypto.com? some coins
so it confirmed withdrawal from crypto.com, 99 usdt, but coinex shows nothing. and 25??? damn
ouch. checking crypto.com’s [fee schedule ]( it looks like they have a flat . this is why i recommend a low fee coin. xlm’s fee by comparison is .1 i’m unsure why it’s not showing. to transfer from exchange to exchange sometimes you need a reference number too?
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i have buyers remorse…should have bought more when i got in at .56
loopring is a monster. it going nuts this last 3 days. still plenty more for it to rise.
i mean you can feel the lrc energy in the sub reddit, but it also just might be the cocaine
i’ve spent the last week fomoing each time it breaks a 50c barrier. i’m in at 1.08, 1.57, 2.11 and 2.57 😂
dont sell fucking idiots
i swapped everything i had to it last week
lol, seriously. i picked up a small bag on sunday, planned on adding and there she goes...
i bought in at 0.77 and a bit more at 1.something but i’m going to dump another 8k in on it. this is legit and after missing the train at the start of gme but somehow getting in early on amc, early enough to pay for my wedding. ,.
i actually hope it tumbles…only so i can throw some real money at it for the big climb
timed it perfectly sold the top at 2.90 big gains
me and xrp but without the green dildos
bullish on green dildos.
i did not buy when it was 'm not buying when it is at
does anyone know what it actually does
sorry to here that. i dumped every extra dollar into it for the last 3 months. im pretty stoked right now, but i aint selling shit!
dude, it’s only got a 3 billion market cap. relax! the fact you got any that low just means you were extremely fortunate. this thing could easily go 10x or even 100x or more in the next year. and it’s almost at max supply.
out of curiosity - where did you find out about it at .56? i didnt know it was a thing .4
same. bought a small bag at this price and doubled down at 1.50. still way up from avg price, but yeah...
same but when i bought at .52😒
same…i should’ve sold everything and went all in.
lrc is paying for all the cocaine. it has now become my best play of 2021.
no money for coke. every penny in lrc. but check back in a month.
well, we broke . i think you’re do for another!
it am not too late. i expect to see . maybe alot sooner than that. the market cap is still low.
i wanted to add more but i don’t get paid till friday so didn’t have anything g to drop in. would have dropped in so much back at 1.08. dammit.
that's what i did. when it was in 1.3 i waited for it to go for 1.0, and when it was 1.5 i waited for it to go for 1.3 lmao. i only finally bought some at 1.75 and added some at 2.08 and 2.3. the waiting game tends to be a good idea but i do not think it is good for this one.
waiting is only going to cost you more potential tokens, imo. the chart is incredibly bullish.
this is not the way. it is gonna hit . how are you going to feel then? 🤡🤡🤡
your doing it wrong. it spelled l, r, c.
well it looks like your username does not check out…
or... hear me out... what if you did.
be a lot cooler if you did
oh cool, squid game token has a sequel!
genuinely interested - where did you hear about it and what got you to commit to it 3 months ago? i didnt get in until .4
yea i just need more 😂. only at 1200 lrc
gme rumors were around and it was still at .64 - got some then next day it shot up above . got a majority at 1.30 so my average buy was 1.20.
coinbase, and i had heard the chatter before that in here
i got in at .59 and i found about it from the free coinbase rewards, started searching those tokens on reddit to see if any were worth a fuck and saw a few good lrc dds
got at 0.39 when the first github leak posted on superstonk
oh yeah, i'm probably still gonna add, just should tossed it all in, hindsight, ya know
yeah, i’m gonna keep an eye on it in the wee morning hours and see if it dips more
oh i didnt sell it all just my initial investment, im riding this train to the moon
the og house of glass dd. it was the one before castle of glass. i helped that guy get it posted on ss. the mods kept rejecting it. as soon as i read it, i knew i had to buy some lrc.
r. i bought in based on the gme leaks.
i bought a little extra today to level out at 3k. but i feel you, i wish i had more too.
holy crap that is a lot!
i tried to swing trade at .50. nope, never again. im selling when... 1. supply shock 2. gas free wallet 3. nft marketplace even then, probably just pulling initial investment.
me too. i’m glad i read that here. i feel compfy with that strange color in my portfolio. its not important to get the max profit. just enjoy the crypto time! :)
i just added . watching it though the night to see if it dips back into low 2s and then dumping it all in
i only have about 350 at around 1.12. i would have loved more but i made an available funds gamble. percent return on that is gonna be wild still though
eh, not really. it’s not .70s
if anything ill buy more after an actual dip
bro i’ve debated selling some of my other crypto but i’m already feeling the pain from selling all my zen yesterday.
just cashed in bunch of other crypto to bump it up to 3.5k. but hey i figure we could easily get to + per coin so your invest should still get you 10k+ in a year or two.
im buying more each paycheck lol
i converted all my xlm to lrc. stellar lumens wasn’t doing shit for me…i really think lrc could see the same type of traction that sol did. yes, i realize they are two different things but i’m just talking in terms of how fast it could spike. lrc has more function than just a rumored gamestop partnership
im good with a 10k profit of a .
oh yeah way more function. i have a lot of fantom, honestly as a bro do you think i should swap it for lrc. if so, how much of it?
um 350 times 300 is over 100,000 :)
i hadn’t done math on the specific numbers. i just would be good with that specific return
i feel personally attacked
both and anything else added.
this is so true. i spend , no problem. but damn i gotta get me a deal on my cellphone plan and lower it by .
i’m in this meme and i have no shame…
wait, this is actually true... dammit. i belong here.
that sounds about right
you got a lot of nerve being right!
spent my whole bonus 😩
is funny because that happens to me. when i buy my lunch 15 dollars i am like fuck 15 dollars, but then i burn 500 on crypto weekly lol
me since 2017, wondering why i’m still in poverty with this unshaken thiscipline
why is the use of such a thisgusting word like the r word so prevalent with wsb? are you just all assholes or what?
you’re just jealous and you kno iiitttt, so jokes on you! or better yet, “in” you! you are one of those guys (me included) that wished they’ve bought btc back in the days and kept until now…
for calling you retard or for making fun of you spending on crypto?
i remember the day i started to buy substantially better food than ever before because i was trigger happy for everything else but food. you guys ever taste the difference between top ramen and low top ramen? about 4 cents.
he probably prefers "autist"
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i put up my 10. pls ignore the others selling it for 15-20$.
hahaha i've set my 's matrix nft price to 69,420, hope someone buys it soon so that i can achieve my dream of having 1 btc!
the nft creator should create a video "how to turn "
facts: account age 1 day posting random tweet of a tictok quote talking about a video? bruh, kind of just do better. it's funny sure but bruh, we kind of all heard this joke the last 20 times tbh.
i minted some coral nfts if anyone is interested :d
guys this is classic nft scam being used...
❤️😂😂😂. nfts are making question the very idea of net worth.
you are better off executing micro trades with the nft's, such as buying an nft , then listing and hopefully selling -+/+.
when you wish upon a star… makes no difference who you are…
you could do this with literally anything. doesn't mean you'll find a buyer
look up smokenmirrors on rarible.com
smartest move, bet someone will buy it expecting it to rocket more.
i put my gme shares to sell at . same concept?
are you negotiable ?
what is the platform you use for trading nfts
69,420 hey thats how much i sell my nft's for also the combination to my luggage
leave the bots alone or they will not be very kind to us during the rise of the machines.
gas fees will kill your gains that way
with those profit margins, my friend, the sky is the limit for you
no. accidentally buy it or leave it.
i do not trade. just bought the 1 matrix nft on niftys.com
where do you usually keep your luggage? also, not really related, but what do you usually keep in your luggage?
> the rise of the machines. we got an eta on that? need to sell before then.
i'm actually laughing that i have -1 even though my trading strat suggestion is more realistic and likely to succeed than going for a hail mary that is bound to flop hard.
if you reconsider i only have 10 eth
damn that’s my ss #
i think they will use crypto so it is actually bullish
it won’t succeed because your gas fees will be greater than your revenue.
okay i guess. i'll dm you the opensea link tomorrow and lower the price lol.
definitely bullish on bots
there are ways to reduce the taxes and, and sometimes not pay anything at all if you are very clever or have clever help.
that my friend is how we clean our money.
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um... no. technically that would be 50% down (unless my math is off). but as barbie always says "math is hard".
hey everyone is nowadays a winner so everyone is allowed to his own math thing ʕᵔᴥᵔʔ
lol that’s…. not how that works
500% up and 90% down is 3,000% awesome 😎
some people just never learn. you don’t sell bitcoin, you hold it till you retire. bitcoin is not a day trading asset, if you’re over leveraged on a btc position i hope you get shut down. this 100x trading is the reason for all this nonsense. so many noobs in over leveraged positions getting rekt triggering a cascade of liquidations. factor that in with the fact that btc is coupled to all altcoins on major exchanges and thats when you get this horseshit. it makes 0 sense that xrp, ada, or eth, or any other asset should lose value just because the biggest shitcoin of them all is being dumped by overzealous billionaires and overleveraged noob traders.
that’s a genius on another level. changes the number and equation continuum.
lol someone should go back to skool
math is hard :s numbers and letters?? fuck!
if you had , 500% would be . if you lost 90% after that, now you only have .
that's exactly how stonks math works.
90% down would mean you're left with 10% of your wallet... lmao
it’s a 100% reason to remember the name
% up -> % down -> this is a loss of 40% not a gain of 410%. stupid post
people are too dumb enough to believe that
and you will 100% die poor (math is hard)
i'd send this guy a friend request if it was not facebook.
things like this just show us the importance of taking profits along the way. the crypto market is a very volatile market, so you can loose big gains in a couple hours! , but not that much lol
each time i see a stupid basic math question on facebook i think everyone should be correct… but no. these are that kind of people. 😑🔫
better than they other way around.
y’all wrong. he means he had an equal investment on two stable coins. one is up 500%, the other is down 90%. quick mafs
down 500% during crash and now 90% up still 410% down 😎
me eyeballing my risk-reward
when you start mixing and matching your & % it’s all downhill from there.
how are some able to breath and survive is a mistery
no need for math knowledge when we are headed to zero?
🤣 sad but so true…
what sopa look like for tomorrow?
if you are 50% down then the market should go 100% up for breakeven. simple maths but very few people realizes this.
wow… that is shit math 😂😂😂😂. you’d be down 50%
down %50 on principal is correct.
i though barbies boyfriend name is ken.
he believes!! must be some good ass hopium, pass it on bro
nah. no need to 😂
that's the entire point of the post, it is a joke... *woosh*
i believe 90% of my friends on fb are already as intelligent as this guy.
you’d be down 90%
it's actually down 40% being up 500% means having 6bags 600% .6 bags
it is... but have you seen him down there? he's never hard.
math really is hard lol. not everyone's brain works the same and for some it is easy, for some like me it takes a lot of time and brainpower to work out simple stuff. i'm not ashamed. some things are far easier for me than for others and they should not be ashamed of that either.
i'm actually referring to a 1992 teen talk barbie. a talking barbie doll with a pull string. the actual quote she said was "math is tough" more or less implying blonde girls had lady brains that could not understand math. in my experience, the girls in the class did quite well. but who am i to argue with barbie?
someone in a doge fb group said… well if you have a 700% profit then it drops 500% now you only have 200%. still profitable however still down from ath… jerez some people
i heard she’s been blowing gi joe for years. what a shit-show marriage [smh]
oh for sure. i’m not an expert by any means. homework is required for sure.
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i shop at grocery stores and invest in crypto. can confirm.
one feeds you for a day; the other feeds you for a lifetime
this meme bothers me cuz he actually bites his hand because of something that he likes—that he can’t contain himself
i feel so fucking offended its ridiculous. jfc.
as a person now on ramen only diet from now till end of the month i give this my highest endorsement.
classic meme. still love it.
i feel the same way about juul pods.
more like: panic sell buy high, sell low
holy shit me. fuck i'll have 100 left in my bank but hella money in crypto and stonks. even .😞
reposted more times then i can count
this meme is posted usually just before the crash.
baller bears nft get in early guys!!!
one turns in to shit, the other turns in to shit coins.
excuse me sir. in crypto that is called a sale
haha that video cracks me up
can someone actually do that though...asking for a friend 👀
the difference is provenance . the original artist can be traced back through the blockchain and all the resales. this shows the value of the original piece. we can all own a famous nft but we can’t all get paid 69 million at a christie’s auction.
people are buying some dumb shit and no one really cares who owns the original nft.
checking somenoe nfts is bringing back the days of checking someone's tag inside their collar to see if their polo or tommy hilfiger was real.
what's the original video about?
you wouldn't screenshot a car would you?
i can just screenshot your bank statement, and the money's mine too!
i’m confused how owning pictures can make you money, is there an example of someone making money from a nft that doesnt involve selling it?
i say: do it, idc... then they link it to me so i can report it off of opensea too while they are at it...idiots. spend that gas. just makes me bullish for eth.
wouldn't the original photoshop file be worth more than a jpeg?
you can do whatever you want but your not the real owner.
its like going into an art gallery and taking a pic of some expensive art. its going to be worthless... have fun selling your photo of high end art claiming its original when anybody can tell its not.
guess you have not heard of watermarks? oh if i take a pic of a lambo do i own a lambo??? no
good luck copying the mint transaction as well😆 idiots.
bruh this video is fucking hilarious hahahaahah
even a octopus 🐙 couldn’t stop him from taking pictures. nice try 😂
really don’t understand why they still try to sell these at a crazy high price. lower it and whole lot more people will actually buy it. or make it purchasable digitally!
no, they can’t. it’s impossible for the hash to match the original. and since anyone can see the hash on the blockchain, that makes it easy to prove who owns the original. this gives a good explanation of how and why it works:
technically, yes. it will cost you gas fees and such to creat the nft. also, if you get caught, there could be some punishment in some form. most are just screenshooting nfts to make it their profile pic.
fyi it’s provenance, not prominence. never realized how similar those words sound til now!
i think it is a rollercoaster ride that takes a pic of you during the drops. then at the end of the ride they try to sell you your picture. the employee working the booth does not want the person to take a picture of the picture bc then he wouldn't buy it.
didn’t know i could drive an nft 🤣🤣
so the real mona lisa is worth a shit ton of $$$. a print you did at kinkos, not so much. that sum it up for you?
can you drive an nft? lmao
yeah but who really cares? having a screenshot is the same as having a string of characters saying that you "own" it
true for a screenshot but not true for a right click save as
this a joke? a painting has the original strokes of the artist, a digital picture has nothing but an extra code attached to it, meaning you can get another mona lisa that is identical to the original but can literally copy and paste a digital pic that will be 100% identical to the original
the block chain allows us to see that it is a copy because it is not the first to be made into an nft. like, yeah, you can repaint the mona lisa and claim that yours is the original… but we will all know better.
yes you can drive an nft non fungible token means there is a limited number of that token. the token dosent have to be a digital asset for it to be a nft. so say if there was a lambo that there is only 1 of and you drive it you are driving a nft.
if you bought some punks yeah mad cars! lol not me! keep missing the party!
oh btw do some research yes you can nfa
like pokemon cards, baseball cards, and anything else people horde. people are like chipmunks with there nuts.
tell that to their bank accounts
i think the misconception about nfts is that they can just be used for pictures... like they can, and they currently often are, but the real use of the technology is so much more vast, that is why nfts will stick around
i can print my own copy of the rarest pokémon card ever too, doesn’t mean it has value though
i’m not saying i get it. i don’t own any nfts. maybe it will all make more sense to me when we’re living in a hologram (assuming we aren’t already).
not true, “save” or “save as” changes the metadata and the hash.
it’s not remotely the same thing. a digital copy of the nft is exactly the same in every way. just because it’s not the first copy is irrelevant - it’s like saying the first copy of a music file is better than all the later copies. you could never duplicate the mona lisa perfectly no matter how skilled the painter is. nfts are for people with more money than brains.
but a real pokémon carthis a tangible thing, with slight imperfections and details that show that it really was manufactured at a specific japanese factory in 1999. no copy can be exactly the same. while the nft hash serves the same purpose, what's the point of owning that hash if it is possible to get a pixel-perfect copy that is outwardly inthistinguishable from the original? it's not like any laws recognize hashes as a proof of ownership, and you do not even get copyright of the image iirc.
they have the baseball card. i have the photo (maniacal laugh)
the ‘original’ will be the one that first enters the blockchain, which is then verifiable.
let’s say hypothetically i do duplicate the mona lisa perfectly. is it then worth as much as the original?
a lamborghini that is 1 of 1 is a nft
there’s more uses to nft’s than just pictures. check out music nft’s like opulus for example. there’s nft’s in gaming too. what you’re saying is a problem, someone recently took a nft art collection, flipped them horizontally and sold them as his own. they’re banned from selling again but who cares, make a wallet and rotate is 1° and it’s “x collection rotated 1° buy now!!!” the only thing that’s different is that nft has no actual value, depending on how ppl give it value of course. if someone wants an original 1, they can have that and only that one is the original (or only those 10,20,50,100, etc. are). same as if i were to cut a pokémon card out and sell it as real, like you said, no 2 are the same, but the official one is the one with value. remakes can look perfect, but they’re still not the original. same as an knockoff brand or scammy brand with clothing, or accessories (fake handbags, watches, shoes, etc.) edit: oh there’s also physical nft’s too (physical things given nft address tradable in real life with crypto currency nearly instantaneously)
nfts are in their infancy. whenever you can purchase a 1. at this point does anyone really care if you own the hash to a bayc ape? no. people will care a lot more whenever your social media profile picture automatically verifies the authenticity of an nft. 99% of nfts out right now will fail, but some will remain as status symbols, i.e. cryptopunks, bayc, mayc, doodles, etc. that doesn’t make it any less dumb, but we could talk all day about the stupid shit rich people buy just because they can and you can’t.
yeah but i would have the original *copy.* in which case i should get a decent price 🤣
assuming it’s the same painter? yes, each copy would be worth the same. in the digital world each copy is identical and comes from the same creator.
the ownership record for the serial number might be an nft, but the car itself isn’t a token.
wholesome, i love it when people break down nfts and gaming, i know it might take time but nfts will get their chance besides with gamerse which is more like the twitter for everything nft and gaming coming to reality we'd have a more common ground to thiscuss the future of the metaverse. note: gamerse is a social media platform dedicated to nfts and game lovers to interact and connect.
the nft world is quite large. i love how nfts are being used as reward in blockchain gaming plus a lot of other sectors like real estate, education sector and health sector. now there are nft platforms built with low minting fee, zero carbon emission and high reward payout to content creators
sure, if your goal is to have an original copy then try to sell it then yeah. have at it. but there is no mistaking the true unique original from a copy. the blockchain makes all of it verifiable.
the real question is who cares in the first place.
haha, im looking at someone trying to justify fucking nfts 🤦🏼‍♂️😂
i’m not *justifying* anything. nfts will either become valuable because people believe they are or they won’t. i don’t care. i don’t own any and that market can die and i’ll be perfectly happy. but people who just say, “hurr durr i’ll just take a picture of your nft and you can’t tell the difference” are being ignorant.
they aren’t being ignorant, they are making a fuckin *joke* lol
if you actually read some of this thread you would see there are plenty of people ignorant to nfts.
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don’t even thiscuss crypto with family…
coin merge is pumping today
only tell one person you have crypto and dont give anyone advice on crypto
time to average down pussy.
even harder to convince them thats the time to buy more 😂
why tho? i have given eth to my dad as a christmas present, i don’t tell him it’s a great investment. just that maybe he should put a couple of quid in and that it’s highly risky and volatile
i convinced myself to buy jasmy, it’s been on a downwards roll ever since…
the conversation comes up sometimes but i never tell anybody to buy anything.
tell them you forgot to short it
stick to the main cryptos and dd on the dips.
don't give out advice lol
yea i think i lost a friend over some ill timed finacial advice. oh well.
my good friend told me to buy cardano. i told him i would buy it if he bough algorand. so far, i’ve given better tip. there’s a lot of shit coins, we need to drop the losers & pick winners by word of mouth. btw shibainu we s a shit coin. there’s relatively unlimited supply 🤦🏻. might as well be buying monopoly money.
me when i hyped up cardano after the november ath
bro i convinced my friends brother who is also interested in crypto to buy a coin… 2 days later the coin rug pulled 😭💀
is that financial advice?
yeah but refferal codes lol
what if you told them to leverage their life savings at 50x on ada long?
i was so pissed at a christmas dinner when a cousin that i once very casually told him i own crypto asks me in front on everybody: "hows that bitcoin mining operation doing?" the awkward explanations i had to come up for the whole evening lesson learned. keeping my mouth shut
lol go buy some tzki
same. “bought the dip” at .14¢ and it immediately went down. now it’s comfortably sitting at .06-.08¢ and it doesn’t look like it’s getting up.
i told y'all awhile ago to stay away🤣 downvoted me to oblivion
ayayay i hope you learned from that. one of the easiest shorts ive seen.
you’re not my friend or family - kidding
no, that’s life advice.
so what? just say “ what the fuck are you talking about?” and make them feel stupid
i’ve learned my lesson too🤣🤣
im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls im in your walls
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shock, old man hates new technology.
a 98-year-old fossil does not have the ability to understand the future anymore. he's got one foot in the grave and is mad he has no influence over the crypto world.
he bought baba hahahahaha and look how is going.
i think he’s just pissed he missed it.
you could say he is ... fear mungering.
fuck that dirty old piece of shit, the only reason he knows what a venereal thisease is is because he’s caught them all! they’re like fucking pokémon to him.
you don’t have to like musk but you have to respect the epic slap down.
you cannot teach old dog new tricks.
just goes to show people have bias
buffett and munger have good approaches to long term investing, but that does not mean they know everything about every market. munger should not put his foot in his mouth buffett has often stressed that he is okay missing opportunities because he does not have the knowledge to know every type of market, so he stuck with what he knew... bac, ko and aapl and did just fine. knowing that buffett and munger admit that they do not have knowledge on certain markets... why would anyone take their investment picks to heart? it's dumb
old man says stuff... meh.
he just comes across as anti innovation
look up his views on gold lol
big signal , buy crypto.
that generation is a venereal thisease
we're he and mcconnell separated at some point in early childhood. these turtle looking fucks have to be related.
it's a trick, he is winking.
he prob loaded in bitcoin
win 🚀100x don’t miss out
he's such a crotchety over-rich clueless curmudgeon asshole. he's what, 300 years old?? what a dick.
the tesla part should def be added to the larry david super bowl commercial for bitcoin. “tesla? electric cars, really? eehhhhhhh????????” (in my best larry david voice)
it’s kinda funny… when i see some old world dinosaur fuck like this hating on crypto i feel even more strongly that this shift in the concept of money is going to radically shift the wealth from the top to at least the middle. that’s why they hate it.
mandatory "old man yells at cloud" picture:
why do old people always take a dump on my portfolio?
if he is talking about it as an investment asset, he is 100% correct.
am i reading correctly does that tweet have 60 mil likes?
if you do not know enough, not investing is a good move. invest in what you know. do not let fud consumed you.
charlie is the kind of guy who sits at the edge of the bed and watches guys like gino the king smash his wife 🤔🙋🏻‍♂️💪🏾
point he is making is bitcoin et al are built on nothing with no intrinsic value. but then again what is backing a dollar or most fiat currencies? a promise to pay you, but pay you what another dollar?!
plot twist: munger is a time traveler and the only reason tesla succeeded was because elon did the exact opposite of mungers foretold prophecy.
i wonder which vd he had to compare?
i have more respect for musk than munger
proud to have missed out on one of the biggest asymmetric trades in history…right…...
yes munger, please enlighten us all with your wisdom
boomer moment right there.
let it be... who are you to question this wealthy munger and buffet...dont be a smart ass if you dont have a billion dollar i your bank account...
munger is a great guy when it comes to investing
aww poor elon lol
the dude is two years away from being a centenarian. he was like 86 when smart phones came out. he’s probably still bitter about rock music coming out sixty years ago.
i am both shocked and appalled 🤯
buffet says he hates crypto too, but berkshire hathaway invested a billion dollars into a crypto friendly bank.
he's actually 40, stress takes a toll especially for baba investors
this might not age well long term. he's holding for at least 5-10 years, not a short term trade. seeing how cheap it is now while they still have great numbers it might work out well if the government fud cools down again.
berkshire hathaway invested a billion dollars into a crypto friendly bank so it’s not even like he doesn’t have a stake in it.
take my upvote and get the fuck out!
musk taking a massive doge shit on those heavy tesla shorts was hilarious. i'd feel sorry for them if it was not just another write off.
you cannot make money! the stock market will hurt you if you try to bet against professionals, also no such thing as market manipulation.
different language probably that is why it shows mil instead of k.
what a truly bizarre comment
this is so true! most currencies were backed by gold during the gold standard days but now are backed by nothing but thin air!
it’s just a fad! lol
buffett also hates gold. the reason is because it does not produce any income same like bitcoin. it's not that he hates the technology or anything. so buying a crypto bank makes kinda sense. he never said he did not like businesses or blockchain in general he just wouldn't buy crypto currencies...
i would buy baba over most spacs.
it upsets his foundational status quo and he has no control over it. surprising to see him be so emotional which is what he preaches against.
well that escalated quickly!
it's a feeling comment!
buffett doesn’t hate anything. he’s smart enough to understand that a backhanded comment from him hurts something’s value, allowing bh to scoop it cheaper, then he realizes the error of his ways and mentions how this thing is good. not forward enough to be illegal but the warren way.
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people think they are too late when lrc is not even in the top 40 yet
sold out all other coins for lrc. for once it was before the run. i just wish coinbase had stop losses
it's funny, because i have a pile of bills to pay today, so i threw my bill money in lrc last night. already made 20%. all non bill money stays in lrc.
shits mad, got a 160% gain in 5 days which to me is a fuck ton of money. defo happy i did not miss the run up on this one
i was young and did not believe in monke when gme was low. but my addiction to crayons made me do something stupid and now i'm drifting to the right with a bunch of monkes
bahaha you know me. that was me when it hit 0.69. literally all available cash. no regrets.
first bought .25 and bought more last night .91 and i thought i bought too high!
i wish i would have had more fomo and dumped way more in than i did. o well.
lrc is very sensible 🦍🚀
loop troops!! sup y’all - here from r
wish i got them earlier but i'm happy with my small bag right now.
unfortunately for me, i decided to sell at somewhere between .50-$. if only i had hodled...
😂 this is so good. we’re so fucked. when is this toxic house of cards going to drop?
loop troop was my name in high school
lol i’m totally aped into this but just on volume and hype alone it’s going to
anyone else feel like the partnership announcement will drop around thanksgiving?
lol it’s gonna be -15 by end of year
is it too late to buy lrc? for it to reach
oh shit is that the name? that's a great name!
soooooo bullish on **loss!!!**
is there a hyped up date for this?
one sounds more fun
i thought we agreed on looptards
told a buddy of mine to get in two weeks ago and he waited. now he fomo'd and bought last night lol
so you think its still good to load up on more?
coinbase pro does. and way lower fees. and you can transfer from coinbase for free. i wouldn’t set a step loss any higher than 20% of current price. you don’t want to get left behind. this ain’t a p&d. it ain’t a rug pull. we going up.
i would own 100% more crypto of this was offered
that’s what i did. all non bill money in lrc.
lol when you dont fomo enough...
they banned lrc again?!?
should have just taken you initial investment out and went from there. i took my initial investment out at 2.50 ish and took some nice profits out at 3.30 now it is all free money in there and if lrc corrects i have profits on standby to dump back into it. you do not have to sell it all when you sell is what i'm saying.
maybe right before. they want all the loop troops telling their extended family all about it at the dinner table. i like this logic.
loss? if you’re losing money on lrc you are doing it wrong.
nothing like buying on an ath
put my money in. it fell 30 cents from ath! are you happy?
big agree with op: transferred everything to pro a few days ago specifically so i could stop-loss. got my initial investment back this morning with the new price hike and am letting the house money ride. the interface is not as pretty and the lack of watchlist on pro is annoying, but the advanced price tracking and tighter buy.
just downloaded pro…when you say it has way lower fees, is that in comparison to regular coinbase or other services?
the way i live😎
i mean, right now my bill money's in there too, but it is only like 6% of my stack... the profits from when i need to remove it later today will stay, however.
yea guess people were driving traffic for upvotes and shit or something
my bad i hit reply on someone else and it went to the main post
when i'll put my money in it, this bull run will be over!
this is me. i did this. it hurts
yep, it does that every time. we will be touching 5 by tomorrow.
thank y’all for this
lrc had like 4k mentions in the daily. lol bullish
do you want me to do this and stop it?
how can you gurantee it?
100% guarantee or your money back
just do not buy if you do not believe.
if i ever paid tax on crypto i would be claiming gas fees as an expense
gains and losses offset themselves within the same calendar year.
just fucking lie and save us the mental exercise. lord knows the rich already do it.
this is why i just don’t show my crypto gains. i’ll just take my chances with prison.
thank god i do not have to pay crypto taxes here.
i would unironically ask this question just because. if they’re going to collect taxes from my shiba cumshot token they better give me answers to my questions too
funny but… for real tho
hahaha this is crypto
a problem for traders trying to maximize their cash flow is the archaic irs rule that caps your available deduction for a capital loss at . this maximum deduction is for single taxpayers and couples filing jointly
lmao could you imagine sitting with an accountant explaining these names 🤣
gas fees add to the basis for any gain or loss calculation
i saw this on twitter 😂
this is a likely real conversation.
hopefully we all have to pay taxes and get strong regulations. the result will be a marketplace where noone can hump and dump so easily like wild west. since traders are in there who acting without laws it has become a terrible place to be honest.
this is my cpa
it is an expense.
do gas fees count as a capital loss?
losses also carryover to future years if they outweigh the gains
exactly! keep your , frens 🥰
exactly, like yooo…holup. we crypto investors are paying taxes with no protection from the law. if anyone wants to make an argument that taxation is theft, well this is it. i dare someone refute the facts. i will wait.
in the us they count towards cost basis as its essentially a transaction fee.
poland. technicaly i should, but the law is murky, and i can use bitomats to circumvent financial system. also tax fraud is more like national sport than a crime, we do not persecute it much. worst case scenario i get invoice with around 1. not sure if anyone went to jail for tax fraud here since 1989. unless you want to exploit the gov on vat returns or such, but thats a diffrent story.
that sound familiar… no taxation without representation!!!
well boys looks like we're heading to poland
\*\*moves to washington dc\*\*
just dont forget your papers:d we do not look kindly on illegal immigration, esspecialy now.
moves to puerto rico 🇵🇷
if your pretty, and fluent in bribery may as well be. otherwise you may have to get a bit... creative with convincing our border guards.
well, some of you are going to have to invest in kneepads…
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seeing banano getting attention here makes my monkey very, very happy. the future is yellow!
ok, i'm all in
is it cardano, banano or nano???
i believe that is the best script of the entire movie.
bananooo ! love to see it. u.20
nice! well done. i consider to sell my retirement fond for banano and if it goes wrong passing away in the clima-war is my backup solution :)
hahahah freaking awesome! well who does not like bananas, am i right? banano will probably be wsbc's gme 🤑😄😄
i give 5 ⭐️⭐️⭐️⭐️⭐️.
sorry john, my bananos is not for sale!
always good to see a banano classic learn more at and join the craze at r
nano next bitcoin banano next dogecoin 🤝
carlos mayo’s wife was the best part.
this is probabely the best thing i’ve seen in the last 6 months in the crypto market
stop giving me your rewards and buy banano, the future is yellow 🍌🚀
finally a coin that’s harnessing the power of potassium.
fuck nano, buy banano!
damn this was good haha
i get goosebumps watching this 😭👌
he sold some to me as well
i knew it was going to be related to nano.
you are truly a legend. if i had a free award you would without a doubt get it
i love using jungletv.live to get free ban and def thank you to banano devs for their contributions to nano especially natrium
you made my day bro
potassium for the win
great video. 100% scam coin. less than worthless.
y’all heard about doge’s girlfriend
brah i’ve put my last 600, cause i read a comment somewhere that they got a gme connection. and y’all know how much ya boi loves gme. am i fucked or will this take me to the moon ?
even matos wife…lmao this is gold jerry, gold!!
okay, i'm convinced - investing in banano this next paycheck. 50% of my salary seem like a good move?
someone had to do something about that nano narrative.
this sub is trash. its been infiltrated by a group of nano shills. back to r...
that’s the spirit ! u.9
roll a dice and then go all in
its been here since 2018. yes it legit. same technology as nano. much smaller market cap. its still being thistributed for free, but also available on coinex to buy.
does the tipbot work here.
u.19 here is a headstart!
you can also take up banana farming and trade them for bananos once the climate turns your local area into a tropical hell!
the future is yellow fam! 🍌
this is not de wey
buy now or regret later 🚀
you can do us a favor by buying rich in potassium banano you'll be surprised about your investment in a few years. it'll be worth zero dollars or a bazillion by then, not sure which but surprised you will be.
still better than nano
loopring is a bleuchip but it do not have no potassium so it is a clear negative in net expected value from where i stand
woah! thanks fellow monke!
sir, this is banano
just here for memes
long time investor in banano here. the investment thesis: its an extremely low market cap project, 9 million market cap? why is it so low market cap? its not listed on any major exchanges and the general public does not know about it. this is because the nano architecture is relatively new and its not a simple fork of btc and eth so it requires exchanges to invest in new hardware or software to list it. to do that they need to see the project is a long term stable project with enough user support and market cap which nano is achieving. it requires money from them to invest in supporting it on exchanges. honestly nano has achieved long term stability and i expect a coinbase listing within 3-12 months. once nano is listed on major exchanges listing banano as well is a simple flip of a switch, just like current fork projects of eth or btc architecture. banano has had a die hard support following on reddit for years, the people who buy it love it and talk about it. i love it and talk about it. the kalium and natrium wallets that are instant and fee-less are amazing. like venmo on steroids for crypto. who made both these wallets available? the banano dev team, years ago made them. the banano dev team is smart and talented and focused on supporting the nano software ecosystem. i invested long term because the market cap is so incredibly low, and with a few major exchange listings and time banano could reach a market cap of 1b+ putting an investment in banano now at a x100 return. right now its a pain in the ass to buy banano, so part of my investment thesis is people will love it once they can buy it on coinbase with a debit card, and part of my portfolio is sitting in banano to see what happens after 1-3 years of being listed on major crypto exchanges. the upside is huge and the downside is what i lose a few thousand bucks? you can spend roughly 2000 dollars usd now to buy 250k banano which could be worth 250k in 3-10 years time. to me that feels like a bet with the odds strongly stacked in your favor and a limited downside.
here's a sneak peek of [top posts]( of the year! \: [we’ve reached 20k!! to celebrate i’m buying 2 bananos for every like and i’ll be giving away 1 banano to everyone who comments.]([10845 comments]( \: [welcome all new monkees to banano! leave an upvote and a comment and i'll tip you 1 free banano!!]( \: [invest in banano 🍌]([3151 comments]( ---- ^^i'm ^^a ^^bot, ^^beep ^^boop ^^ ^^downvote ^^to ^^remove ^^ [^^contact ^^me]( ^^ [^^info]( ^^ [^^opt-out](
daaamn for a second i thought it was a real user
brah could you explain what you said to me like i’m an ape ?
yep. just like i said. shills out in full force. nice copy and paste dude. 99% of crypto now will be irrelevant in those 3-10 years lmao. meme tokens will always die.
it's an open invitation for someone to take it haha
loopring = low risk, decent return banano = higher risk, super-mega-bullish-to-the-fucking-moon returns
okay i literally wrote that so it is not copy and paste, try googling it, and thats the reasons i invested a year ago. fuck it i'll make a detailed banano post that goes into more of the investment reasons i listed.
agree that a lot of coins will thisappear and maybe also banano. i invested in banano due to the mixture of small mcap and big amount of follower. poor or lambo nothing between :)
please do not. this sub has had enough of it.
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go away with your truths. some of us enjoy living a lie
massive 89,376% gain, or measly 99% loss? that's what i call asymmetric risk. yolo that shit.
thats my boy xrp ❤️
help a brotha out and sell more rofl
it takes a special talent to lose money during the biggest bull run in history, a special talent
we are living in a simulation.
a bigger truth has never been spoken.
i feel this in my bones
sell 50% to buy it back and hold 50%
so…. planning on selling anything soon 👉👈
hurry up and buy some matic! need some more tasty gains
just do the opposite of it and you’ll make money duh 🙄
stop chasing too late in the game. find some winners and hold. top 10 coins are hodl - i avoid top 10 stable coins and meme coins. if you want to go risky here are my small cap bets: vlx - sleeper eth killer? doe - new meme coins - fun community
basically me with shiba
omg this is awesome!!!
bogdanoff is now 50% dead. we should start buying dogecoin. only one bogdanoff cannot beat us anymore alone.
all of these charts have the same commonality; your complete lack of patience.
funny but it seems to be the case for most
so op, sell for the rest of us go to the moon. thank you
you must be hodling snowbank, the middle chart is exactly sb
cryptohodlers who missed the doge hype
basically whenever i buy any coin. when i buy the dip, the dip gets bigger.
when i sell it goes to 69420.69
buy low, sell lower, amirite?
ah the mythical 893x token investment.
one day, the money i pulled out of my car’s equity to buy more xrp at .20 will pay off
i never thought i had a hidden talent until now 😜
you may call me the fucking master of losing money during a bullrun. doing an ama soon.
is that a graph of powr? i just bought that one
i bought also the most of my xrp at 1.2$. i have no doubt that it will pay off. i bought also at 0.9 and 0.8.
i have this elusive talent sir edit: sirette
lol! seems like i am talented as well
lul this is still a thing? where the fuck did i hodle that bag...
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wait i want some 28k btc
lmfao this is so accurate
[mp4 link]( --- this mp4 version is 95.22% smaller than the gif (1.48 mb vs 30.97 mb). --- *beep, i'm a bot.* [faq]([author]([source](v1.1.2
i've listened to doctoral candidates give hour long presentations explaining network dynamics. this gif does a better job and in a fraction of the time, while being cute af.
the "do not you know pump it up" killed me
hilarious and so accurate !
can’t wait for the market to shift so that my coin collection looks even better pawgchamp
these chilthish babies have enraged me with their cuteness 😈 where will it end? tiny hats? paint them pink? maybe give them a cameo in cinderella? idts! these adorable ducks must be stopped
just invent time travel. easy money.
just goes to show you, no one on knows shit about fuck
yup tell you to sell and they buy, 5 years from now people calling them a genius.
just two months ago "bitcoin price plummeting 10%" on the same day the stock market had a big red day. i'd be willing to bet big money was doubling down on eth and btc at the time.
i'm not a btc fan, but that shit is going to 100k eoy 2022. fomo and mass adaption are upon us.
congrats bitches and i mean that. 😘
it can crash tomorrow once enron defaults for all we know. but, yeah, it is kind of resilient in the recent times.
it'll be truly glorious when tether implodes and takes the whole fucking cryptosphere down with it.
it was 5 months ago that that all they were saying is how bad it is for the environment and the china ban which continues to pop up
i sold btc for sol and now i am already in the 🚀🚀🚀🚀🚀🤯🤯🤯
it's pronounced "boomercoin", and boomers have the most investable wealth.
can you smell the fomo? tendies anyone?
and now they tell you to buy!
this is the way
satozhi - the first proof of burn coin ever. which is better than bitcoin mining and ethereum mining. because the mining is in the blockchain cloud. which is uncostly and saves up eletricity maybe the next bitcoin in the future
excuse me proffesor braniac, but i have worked in trading for 10 years and uh, i think i know how a pump and dump works...
> shit about fuck
no one knows what its gonna go to. i think more people would be open to investing in crypto if people did not "guarantee" ridiculous price targets and say its gonna go up another 300% after a 500% bull run. just makes btcoiners look tarded.
pump and dump my man. i have sold my sizeable 100, made up the 25% loss in other shitcoins, not going back.
my money is on 100k eoy 21
that's why i only do . and take a lot of weeks off lol. i'll either be rich by 50. or laughing at dudes jumping off of buildings by 45.
tether is solely responsible for the first bullrun to 20k and that is the only reason btc went anywhere. the company is going down, the investigation which is ongoing will prove my thesis.
post your short positions or stfu
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im gonna wait for 100k then yolo on 250k...
i thought they didnt allow mebers of the sec into this subreddit
eat my dick or stfu
alright, i will show you. \*sells at the bottom
hope you're taking profit now, would not stay up this long
have fun missing out on these gains, maybe next cycle bud
hahahaha. this is content i love
thats what traders do...would you say to a plumber "i hope you are fixing that leak?"
lmao i've been on the market since 2017, garbage could dump 80% and i'd still be in profit. enjoy jumping from a window when 100k btc slowly crashes to "why did i buy".
you would be surprised how many bitcoin idiots refuse to sell and are "holding for 1 million"
if not the water will get on the floor...
cannot argue with you there...i have a neighbor that refuses to sell his doge because its going to be worth ,000 a coin one day...
hopium, crypto is the biggest speculative bubble in history
yea it would appear that way from the surface, especially to those who do not yet understand the technology in an applied manner...problem is for every good project there is 50 horrible ones just grifting...
bitcoin is too slow and could never really be used as a currency. and it is expensive. when you can use your debit card for free it does not make sense to pay a fee and also capital gains taxes on a "currency". bitcoiners hate fiat. here's the problem. you deposit fiat to buy bitcoin and you withdraw fiat when you sell it. the exchange transactions are not even done in the way that bitcoin is supposed to work with the blockchain etc. so it is basically fiat. third, there is 0 privacy. a bank account is more private than a bitcoin wallet. also, the government has tools to track bitcoin. it's possible they even created it. last, it does not meet the definition for store of value. something this volatile cannot be considered a store of value as there is a very good chance you lose money and can potentially lose a huge percentage if you buy at the wrong time . so i'd like to know what the use case is. it's not a currency and it is not a store of value. it's a speculative asset like an nft. it's worthless. you have buyers until you do not. not to mention the market is even more manipulated than the stock market. tether etc.
i thisagree...btc is a store of value that appreciates faster than any other asset class that is obtainable by the common person. people do not buy bitcoin to pay for shit with it, they buy it as an investment. as far as payments, future payments will be done through other networks like stellar-xlm or ripple-xrpwhich is much faster and can handle it. also, there are blockchains such as xmr that are private, and there is no way for people to look up transaction information, these protocols can be used for transactions that need to be private such as when your aunt needs a dildo, or when the cia wants to sell terrorist weapons to overthrow a foreign government. also, i would highly suggest you research into defi and the things that are being built and the financial instruments that everyday people like me and you now have access to as a result. the entire philosophy of blockchain and smart contracts is to take away centralized power and transfer it to a fairer, thistributed, and trustless system in which every single one of us has the opportunity to choose which contracts, vs the horrible system we have right now where we are all at the will of elite bankers and corrupt politicians both of which do not give on shits about any of us and hate us with a passion... i thisagree...btc is a store of value that appreciates faster than any other asset class that is obtainable by the common person. people do not buy bitcoin to pay for shit with it, they buy it as an investment. as far as payments, future payments will be done through other networks like stellar-xlm or ripple-xrpwhich is much faster and can handle it. also, there are blockchains such as xmr that are private, and there is no way for people to lookup transaction information, these protocols can be used for transactions that need to be private such as when your aunt needs a dildo, or when the cia wants to sell terrorist weapons to overthrow a foreign government. also, i would highly suggest you research into defi and the things that are being built and the financial instruments that everyday people like me and you now have access to as a result. the entire philosophy of blockchain and smart contracts is to take away centralized power and transfer it to a fairer, thistributed, and trustless system in which every single one of us has the opportunity to choose which contracts, vs the horrible system we have right now where we are all at the will of elite bankers and corrupt politicians both of which do not give on shits about any of us and hate us with a passion...
it does not meet the criteria to be store of value. a stablecoin would, because you know it is not going down. that's what store of value is. and it is literally called a cryptocurrency, yet you cannot practically use it as one. all you are doing is repeating a bunch of bitcoiner propaganda, line by line bro. we are not talking about monero, were talking about bitcoin. those issues i pointed out are specific to bitcoin. as far as it being an appreciating asset, lots of people lost their asses in crypto. you realize that it is a zero sum game right ? at a certain point there just would not be buyers.
oh i see, you bought the top...
mega loool, to be fair he says that he became a doge millionaire in
but that dude elon musk is doing pretty good.
i remember a few months ago investing a few hundreds in a few shitcoins and following those subreddits. i didn’t sold any so wait and see. checking once a week what it’s worth and hoping for a pump in the next 50 years.
it’s mcdonalds in the crypto world
i sold all of my doge on cinco de mayo this year when a professor told me that there was no limit to dogecoin’s potential…no limit
please tell me this isn’t real 😂
look at the visualizations, maybe talking about doge produced visits
but not in usd. in amount of coins.
you speculated on shit coins, not invested
you’re gonna miss those pump and dumps checking once a week. got alerts set?
i refuse to work at any place besides a wendy's.
at the peak that’s still like 600k damn 😂
hah, exactly. i feel like it damages the credibility of cryptocurrency when people's first experience would be holding the bag from shitcoins like safemoon after crypto winter. even most of the top 100 did not make it from the last cycle.
you can make the same statement about any coin.
nothing! i guess i need to check that!
i usually get “worked” behind the wendy’s dumpster when i buy alt coins
technically holding anything during crypto winter was probably thisappointing ! it’s another game here !
why are you on this forum ? if everything was shit people would not think to research about coins and learn about their technologies. there’s some good stuff out there from my opinion that will become essential
getting paid in crypto. what a fucking legend!
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i mean so far i just bought ones that were being shilled on here as new posts and flipped them for profit. only reason i was able to buy lrc .50. same thing with stocks on wsb. it's all momentum.
no research? aren’t rocket emojis proper research?
i did not do either in 2021. lost a lot of money lol… will def change that this year
if by "research" you mean you "read the white paper" and "watched a few videos made from people who've already bought in" i got *bad news* for you, bro: that's not research.
what is a good miner for altcoins on a cellphone?
hahaha this is cool... i am going to post in my twitter...
just buy what sounds cool!
women love men that shine their balls and go balls deep 💎🚀📈
it's literally sad that these are straight up facts but i still did a 6 figure return from crypto in 2021🤣 so i assume this is a god strat?
definitely frenchconnectionfinance (fcf). beta of the payment system starts today on woocommerce. vendors will be able to select which crypto they want to accept and the fees are lower than paypal!! 1, 1(several developers hired, sales staff and others coming) listed on several exchangea already. go to to learn more!
aaaaaaaand i donate to sketchy people like this guy : feel free to donate litecoin to help people in lebanon crisis in beirut ! hello , probably one of you is sitting in a multimillion mansion wondering about this post , this is not a begging post ! this is a post for free real life karma! we are not trying to scam people ! after the beirut blast millions of houses were destroyed and i was from the ones that i lost my job and my house was damaged we want to buy food rations and help our neighbors through this tough time ! to make it easy and unscamable we wounder if we have some bitcoin millioners that are flipping nfts and getting rich fast we created our own nfts but we couldnt sell we ran out of money . 1usd is equal to 27k lbp on blackmarket ratio you can google everything about lebanon. if you would like more proof dm me . my nfts are on opensea.io under the user kashool99 . here is the lite coin adresss:
so did i. and it promises to go bigger.
honest question, what's reasearch to you then?
yeah. that’s fine. i don’t mind 🙂
haha let’s goooo 🚀🚀🚀🚀
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i feel like you can easily convince the people who buy and name stars to get into nfts.
is it tasty, precious?
sméagol the type to work the whole month to afford bragging rights on a jpeg gollum the type to right click save
did nobody here watch lotr? wtf?
that's hilarious!! so sad its actually true
am i missing something or is the lotr reference completely irrelevant to the message? i mean if you would change it to 2 grannies and on screen some, idk, bag of milk, wouldnt the message be the same? why even go so far to take lotr if it is completely interchangable with literally anything, why not make a reference to indiana jones, put some totem on the screen and have literally the same message? anyway, if you remove the ring from the computer, you could think houdini is explaining the internet to nosferatu, now thats a joke!
here is how you know if you are out of the "matrix" who is stupid and who is not. however, being stupid for some odd reasons is making people $, and it is hard to swallow. nft's for example, and or those two idiot "island boi's"...lol...and here i am investing, and working daily for what?
so are we not gonna mention one guy wearing a cape and the other in a loin cloth ?
this belongs to r
well, time to make another shit coin brb
we wants it, we needs it. must have the precious
yeah , you’re missing something…
to the stars? 💫
nft's...it is a dumb idea yet people are making $.
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"i see you're mother just died... so wheres my cut? - the government
“taxation without representation “ i think it is.
add to it reporting of . ebay, paypal, etc... greedy jackasses
fuck you, pay me - govt
shouldn't we get a tax break due to inflation? thanks biden
filthy greedy bastards is what they are.
“oh shit we need more money (opens excel sheet adds more zeros) but we also need your taxes, get fuk” - the gov
you can always carry forward your losses against future capital gains. not that big of a deal.
there is a way to have some deduction tax if you loose money on crypto, at least in canada. it really depend on the situation like explained here.
where’s the shrek emoji?
of course, everyone must pay someone, we have been doing this since the beginnings of what is known as "salt"...so pass the salt bud.
not just govt; companies who allow us to buy- they their small cut too. they are now big too. 😜
wrong. they want to tax me regardless if i made a profit or not. but i'm too dumb to actually cash out my crypto so they will never know anyway.
remember - in medieval times the lord just wanted a 10 % cut... just look at how much we pay now 😬 okay back then the lord also took pawns last bread but now it is our lambo they steal 😡
the government is garbage always trying to take money that does not belong to them
tbh its about the same for stocks though. you can only claim a .
that’s why i never profit 💪🧠
and much more …
pay me half - govt 😂
don't forget, they are only going after the millionaires and billionaires... dammit fooled again.
bend over - the gov
it’s saving me this year because my losses will put me into the lower tax bracket. so i’ll only pay around +12% instead of ,600 and 22%
yes, but that’s capped. so it is a big deal 😝
deductions are capped! capital gains tax are uncapped! etc
until this post. now they know.
you don’t pay tax until you sell and cash out, and then only if you pulled out more than your original investment. tax is only on the gain.
lords all had different rates. but true, come to think of it the serfs did actually have it better.
but we're still gonna regulate crypto so you cannot make as much money for us to tax you on. jeez uncle sam way to cut into your own money
just be careful as there are rules about using capital losses to offset ordinary income.
the cap (3k in the us) is for netting against ordinary income. if you have capital gains, you can offset them with your entire capital loss.
yes i know... you can only declare a maximum amount of losses. but they will tax the more gain possible.
and even then, they only know if you tell them, right? i don’t think crypto is reported. it’s like the form from the county when you buy a house. they send a letter asking how much you paid for it. you don’t have to send it back and tell them. you just throw it away. lots of people don’t know that, though.
not really. regulation makes this asset class more safe to invest, which means more institutional investor will pour their money into the crypto space …
as long as turbotax does it right it should be all clear ✅
and if you don’t make any losses, you will pay more taxes 😃
so buy the dip? lol
i don’t give financial advice. that’s something you have to figure out yourself 😝😂
i'll get you next time gadget
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would you buy at current price?
i'm in since 0.53 😎
great writeup. solid not only because of gamestop but because of the underlying technology as well. layer 2 rollups are the future of ethereum according to none other than the cofounder of ethereum vitalik buterin. he even specifically mention zkrollups as being the long term winner of all rollups and talked about loopring in that context.
a whole post without someone using the fucking word "ape" son of a bitch i am in
please remind us apes when it dips 🦍💎
i am buying right now. i keep averaging in. if the price goes up i’m still buying. buying as much as i can before we get to .5 then letting my bag ride.
market cap is pretty low currently. can you imagine around x12 to reach shib? i think it has lots of room to run and anyone buying now is not late yet.
well, it looks like buying the dip will happen ttonight.
i hate how i did not buy when it was in 1.23$. i thistinctly remember waiting for it to go down to 1.10. so now i bought some at 1.78.05$. hopefully it will go down soon again since it cannot just go up consistently for a week, right?
please bear with me , i am just an excited investor... but i am worried that ethereum upgrade negates some of the utility of loopring...can someone explain if that is an invalid concern?
consider this- when does gme make its buggiest nut? christmas. they will announce before black friday imo
it could moon, but can it meme? 🤔 🍌🍌🍌🍌🍌🍌🍌
ah shit. take my 20.
and all of this rests on the ethereum network sooooooo, i invested there instead and am staked in eth 2.0 in coinbase ✌️
i can’t read. so buy?
instructions unclear just fomod in
what price would you consider a dip? first bought in around 1 and sold around 2. now i’m looking for a good entry-point.
nft and games... what a thisgusting future for gamers... but money is money
whatever money i get, i buy gme. lrc has to wait!
i bought .25, i'd buy more but not sure if it will ever come back down to this range.
so how high can this possibly go once the nft marketplace is set up and loopring has become a “made” coin like is ?
i bought in at .77 this is a long term play. even at ’s a big win because it’s fundamentals are going to keep it running and when it gets major public views it’s going to blow up.
trying to free up some fiat to buy more loopring. its the only altcoin i own. in at 78. not selling any till 7.8. will release 15% and let the rest ride. its not a question if it will get to 7.8, but more when. i reckon still this november. its a game changer and market cap is still low compared to other alts out there. i believe even in it without gme... with it will go to enormous heights
where is the dip!!!?
after the dobo post, i am skeptical of any coin mentioned in this sub. it went down -30%. obviously, it was being pumped a few days ago.
bought in at .55 but this dd made me toss another 1k. this is the way.
any new thoughts about lrc? have any rumors about gme ? holding at a respectable level... in the upper half of a downward price channel... thx
it’s not just that gme is going to use loopring technology for their nft market place but lrc beyond that partnership is huge because the zkrollup technology is going to scale etherium 100x and do away with gas fees. plus they have new wallet they’re about to drop. etherium is going to adopt this technology to grow their entire platform through it.
you are over estimating gme impact
ever notice how quiet it is in here when price ascends? i have a theory- fud by short sellers is best done while price is declining. they are trying to scare you into selling your “shitcoin” with “poor tokenomics”. don’t buy into their trap, hold your icp and always dyor. i have a feeling that it won’t matter if it’s a bull, or bear market for too much longer. icp has real use, while sol and the likes don’t. icp pays for computation power, not just transaction fees. why is gold a “store of value”? gold was a material used in making things. that’s where it’s value was originally derived from. before steel was forged, or aluminum was refined and smelted, there was gold. icp will be the new gold of web 3.0. soon no one will be talking about early investors dumping, scams and rug pulls. they will all stfu, and icp will skyrocket in oblivion because it’s a shitcoin deserves to be sued. don’t believe the hype, icp is here to stay and there is nothing you can do about it.
sold. thanks for advice
i bought at .8, but read the entire dd and it is pretty clear why next dip is a great buy opportunity
i would wait, it will probably dip again. the real run up is yet to come though when in q4 they announce. be sure to hold some for that moment!
bought at .60 sold at 1.90 bought at 1.24 and sold at 2.26 now waiting for next dip lol
price is irrelevant, it is market cap that matters.
i bought at 50cents and again at 1.20 im happy with my position and would put in more if it dropped down to like 1.50. but, trying to time this right might just lead to not making a move + fomo later. 1.50, but do not let it stop you from going in. will most likely take off big in the next few months (as will the rest of the crypto space). we're about to get into the mania phase in the next couple months.
any price before announcement is going to be a steal.
i would the marketcap is still a measly 3b
i’m in since 69
good luck on it dipping 🚀🚀🚀
what price you think it’ll dip to?
damnit man. you just ruined it.
after you buy, but only if you do it right.
ooooh, good point. i've heard december but this makes intuitive sense at least.
this + an lrc bag is a good strategy.
i’m waiting for it to dip below 2 but it just keeps going up.
with 10 years of the increasing trend of monetization, pay walls, delayed inventories and levelling up systems and paid unlocks getting so many downvotes tells me you really are not gamers im still happy about making money with this
lrc waits for no one. 😁
lrc gains means more gme
keep on keeping on fellow cultist.
i think we may see .75, then doubt it will come back, but who knows, i'm not great at identifying price points and do not pretend i am. imo expect a small dip and consolidation and then hold until more rumors or the announcement from gamestop
well, as i've said in other comments i'm not comfortable putting a price on it, but considering it is at a 3 bil cap and it is looking like it can be the base for a multi billion dollar game exchange, i'd imagine 30 bil market cap wouldn't be impossible
if we can meme it into existence yea.
easy fuk boy it’s back up
loopring is not a shitcoin
it just went up 600% in 2 weeks on gme rumors lol
i do not think i am
i bought at .38c and 1.50, i'll buy more when i can
what if the gme announcement comes before it has a chance to dip?
q4 this year or next year?
that is a losing game
how is it irrelevant tho they literally go hand in hand
the general rule of thumb is previous ath acts as an area of support. so looking at this, could be the 1.60-1.50 range. however, rsi data looks strong still. i wouldn't be surprised if it still had some more to climb.
up and to the right. ain't no dipping on this one
game companies are finding ways to make people pay more and more for a solid experience. this goes along with that.
yeah not so sure about that because it just keeps going up lol.
i figure anything doge can do on air and hype, a real coin can do on air and hype.
mmm that sweet sweet hopeium
if you believe that may happen or you are concerned that it will, buy now and dca down if it dips imo
not that deep into it; lotta q left
seems like this year
so sell just before it launches? i have this before but do not know how to exercise it.
well no, only if you end up fomo'ing and then not selling for profit. there's nothing wrong with taking gains and swing trading if you think you can. it's just dangerous.
of course, but some people judge a coin's value based solely on its price, which does not tell you anything without knowing what the supply is. different coins also have different tokenomics models. good example of one that is quite harsh is hedera. it's known for being highly inflationary, it requires its market cap to grow in order to retain the same price. but yeah, if you're talking about lrc only then fair game to compare the prices, just does not work with multiple cryptos.
lol yup my dumbass had to buy in at . how much more do you think lrc will go up? ? ?
actually imo decentralization gives more power to the people. for example, officially steam owns all your games and are just loaning them to you, and if valve wanted to they can just drop dragon lores to everyone and make them worthless. i personally trust steam not to, but i should not need to trust at all
dangerous indeed. you can have 10 winners in a row and then the 1 trade that does not work out wipes out all profits because most people do not cut losing trades. it suddenly turns into a "investment."
agreed. good addition with the tokenomics; not too familiar with hedera.
the hype started <1billion and it ran up to today’s numbers that are still quite minuscule when taking into account how important layer 2’s are and will be for ethereum. so matic is past ten billion and probably still has some steam left, especially in the long run. i would say the best zkrollups will get past those numbers when the protocols are working and adopted, since gas fees and transaction times on ethereum simply cannot support nft’s, gaming, defi and all the transactions. edit:typo
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i know the feeling. i used to be all about fundamentals. made well over 10k this year off doge & shib. my new motto..."trade shitcoins for bitcoins"
they're all laughing at us. cryptocurrency is an elaborate prank by the aliens.
im probly doing this wrong but i just keep buy those coins that are dirt cheap and hope one day they pop off. i willingly put money into a coin knowing there’s a 95% chance of failure.
it should be catboop
don’t fall for imitations guys. just get the real thing and come bonk with us.
buy this or get bonked and buy . i choose
i've noticed this too, spent a long summer holding coins i truly believed in and have been excited about only to chuck a cheeky bag in a memecoin and have it almost do more than my "sensible investments" if this is the next hype train then i'm on it.
the market is not the joke the joke is the coins and the buyers of the coins.
alright i had enough
not to flex but... i've held that cat before
wtf there is a catbonk?!? shit. here i was ready to go all in on dogebonk. in the end, i’m still a dog person though
haven’t heard of this how did you come about the token?
i got 90% in crypto, diversified on a lot of great projects with utility, the funny thing is, most winning i did on shib. there is absolutely no masterplan. -800+ 7k on shib. you just have to be very early, i don’t touch memes that already went ever 30x
for a cat coin, the chart is pretty healthy. hmmm
it's funny because the cat has a bat
this will moon im sure!!
this the cat coin we been looking for
i think the memecoin scene has been waiting for a true cat coin that produces top quality memes could this be the one? i might have to dig a lil deeper
theres literal . and its my best gainer. markets are awesome lately
check out hoge. meme coin with a top 5 exchange coming soon
i keep stacking chain link. one of these days…
a society that gambles on things from sports, to cards, to stocks, crypto, real estate, is a society that is desperately trying to thistract itself from the fact that it’s falling apart. we’re a joke. meme coins. sit back and think about what’s considered “normal” now. imagine your 1990 self or even 2000 self looking at this now. surely you’d think this is madness. it is.
it's actually ridiculous, i lose so much money in stocks then buy a coin named after a dog or moon and somehow get these massive gains. i'm in on lunar and zuna, i just hauled in a huge gain on zuna randomly with basically 0 research outside of making sure its not a scam. meme coins are amazing, i am fully on board with all stupid coins.
where are your positions? post them.
why cantveveryone get passed the whose utility need based shit. at some point some point soon government and wallstreet will all for 100k a year degree people to create there coins and bankroll the cc companies into expansion to keep us all out. they do not want us in there restaurants neighbor hoods they do not want us anywhere near them. again everyone needs to get on one page feck use fuck it all one page one group throw in a pool and make it hapoem. or when the smoke clears these scare dips are smoke the whales in business will be in controll and everyone will hold bags of shit. keep worrying joke markets and shit when this collapses like 30's stock market remember damn i should of listened to that asshe. btw even the guy betting 800k when it crashes he xant pull anything out because the exchanges will bail because well tbe only surviving i see is bitcoin because business bought in high they were green lit to get in so the basement today is 30k probably closer to 40. you cost rich people money below that the rest is allowed to let you feel good . am i wring no and any with a brain should see it and realize but then again 70 million voted for trump and somehow the lezser evil was biden wtf is that
i have only used and trusted coinbase and coinbase pro. where do you find all these ?
i’m in on ! catecoin is the superior cat!
get rekt. shiba owns all bonk
i went in on panda girl. devs seem to be delivering well! has huge potential. i’ll be riding the risk on this one 🐼😎
this entire system is a joke. stocks are no different. how can a company like rivian be worth more than ford? it’s all hype. eventually the music stops.
i have to agree with you. i hold at least a handful of coins with good fundamentals, use cases, talented teams and which the price action is nothing but a shit show. the dump or lateral movement never stops. in the other hand people (idiots) continue to inject billions and billions into scams and joke coins like porn, cock, felon, elon and all that shit.
shhhhh daddy musk and the new world order told us to fall in line.
space cash from baby fartmcgeesacks
as long as they have active team, this is not a bad strategy. shit can pop off randomly. and when it pops off i mean turns ... then ... its not common but its better odds than buying a lottery ticket
thats what ive been doing the past few months to great success. no more than 5% on each. the latest ones i found it
this is what i've been doing on algorand. it's been unreal.
crazy as it sounds i think this kind of obvious miss is going to ensure this fizzles out.
you're not doing dobo any favors with comments like this.
why would you buy a high cap coin that has whales coordinating dumps on you?
[ use pancakeswap and the contract on [bscscan](
catbonk is in the moon warm up. get in ppl before really take off
do you have a link i don’t see it on coingecko
what's the next meme coin animal? apes?
yeah no you want to keep away from this coin. it's a parasitic ripoff of dogebonk, which is actually making waves. catbonk has literally copied all the dogebonk memes except put a cat on it. i've seen nothing original come from their community. if you want something fun and interesting that actually has a chance of making global headlines, go dobo.
it will. why not get in at dex and when it get listed in t1 exchange, you will be like x100. why not?
better odds than gambling if you know what to look for
where do you go to find such shit opportunities? i’m up for rolling the dice, just not sure where to find them so early on.
how do you begin to research coins that are starting? i’m fairly new into actively trading crypto and any tips or resources would be super appreciated!
what platforms can you buy these on
how do you do it on algorand?
same, made at least 15k algo with it.
bonk away fud. we are steady growing, the amount of holders is on the rise, hit 100mil and steady growing as well. whales die and everything gets slurped. let’s go.
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just looked it up and the price is on the floor
dogs v cats all day man
its still dogs to be quite honest. dogebonk will be the dogcoin of bsc mark my words
possibly - banano loving apes.
as the original reddit shill for dogebonk, i thisapprove of this comment. you're here representing dogebonk, a forked safemoon clone that rips off the dogecoin. pot calling the kettle black and all. i'm bullish on dogebonk, and sure if others want to go buy it, by all means i wouldn't say not to. but to thismiss catbonk because it is a derivative (when dogebonk is also a derivative) is pretty shortsighted and lazy. edit: cats jump higher than dogs
meh, wouldn’t it be ironic if the cat could out-bonk the doge
i hold both and you are just being tribal if you think one meme coin, which is already a doge derivative, is better than a slightly newer coin. i have seen plenty of original content haha - people like cats, whats wrong?
eth if you have money. bsc if you dont want to lose your ass. i dont play on ftm. where do i find early shit? telegram, bscscan, etherscan, bots. understand that ~90% or so are scams from the beginning(at least on bsc)
check nomics website for newly listed tokens. then google their websites, twitters, thiscord, telegram. some you can instantly tell are a sham. some maybe not.
many of these shitcoins take off on 4chan's . then you gotta scour and see what interests you. make sure to check it on tokensniffer and honeypot.is. don't buy coins with super stupid names that wouldn't take off on reddit, because reddit is step 2 of coin growth.
coinmarketcap.com is a good tool.
coinmarketcap, coingecko poocoins. then pancake swap or uniswap. learn the wallets and exchanges take your time
you use pancakeswap, uniswap, etc, most of the time you enter the official site of the coin through "browser" in your metamask wallet application and it will guide you to the exchange you can swap it on.
i buy on coinex and kucoin. those i mentioned are on coinex
tinyman is algorand's dex - it is honestly incredible. i'm in akita, acorn, nekoin, opul and yieldly (native token for algorand's defi platform). algorand is unbelievable - buying these now because i think algorand will grow massively.
get an algorand wallet, buy algo send to wallet. on tinyman.org you can swap algo for tokens. on tinycharts.org the tokens are listed. some inside information: . it's already a banger. legit project with talented people, really low market cap.
relax. it was poking fun at the coment i replied to. this taking off would benefit me too
thank you for bumping our posts. the increased number of comments is great for catbonk's visibility.
dogebonk actually has orginality though and this is what is driving its value. if you look at catbonks stickers, they are literally taken sticker by sticker from the dogebonk tg sticker set. there is clearly no originality or creativity here, just people trying to profit off of another successful coin - ironic huh.
catbonk army!! let's go to the mars 🚀🚀
my doge likes to lick his balls the whole time and for that reason i choose
it would but it would not happen. cabo will always be a shadow of dobo. you are literally a copy cat.
if one bonk wins, they all win. tribalism from a vocal minority in their community would not have any affect on what is coming for catbonk.
imagine including that in your tax report lol
now there’s a solid project i can get behind.
alright fair, maybe “research” isn’t the right word. where do i go to find shit coins before they turn into gold?
so i can basically buy them through the metamask app using eth?
thank you friend! best of luck to you
what’s a dex? i’ve been doing well buying and selling algo.
thank you friend, may your coins 1000x
coca cola actually has originality though and this is what is driving its value. if you taste pepsi, it takes exactly like coca cola. there is clearly no originality or creativity here, just a company trying to profit off of another successful beverage - ironic huh.
e a sports, it’s in the name
not exactly true. this is like saying dogebonk will always be a shadow of doge. dogebonk is literally a copycat, too. a clever one, but also a clone (on multiple levels).
yes, that is correct, you can use uniswap in the browser of your metamask app for gold for example [
decentralized exchange. uniswap is a popular one for ethereum network. tinyman is algorand’s first and only - i’m super impressed by it actually. algodex is another that’s been “coming soon” for some time now.
the issue is that the coin in question is a pound for pound copy (down to the culture and marketing strategies) of dobo, it will forever be second best and will always lack originality because all its moves are copy pasted from dobo tg and social media.
doge bonk memes have been out for years though. cat bonk isn’t even a meme. while i see the potential for cabo, it’s deff not original. it would have made more sense to use one of the original cat memes for a spin-off.
follow up: i sent my metamask wallet . metamask said insufficient funds... was that because i didn’t have enough to cover the transaction costs?
that's interesting because i was a part of the very early culture of dobo (significantly early than you i bet) and although our telegram stickers may be the same (which was not my idea) much of our approach is different. dobo is a copy of doge and a fork of safemoon. get off your high-horse. you're actually making dobo look salty and bitter with posts like this. dobo will succeed regardless of cabo and vice versa. tribalism is a sign of weakness in crypto.
i’ve been in the tg since it was posted on . you’re so goddamn full of shit, like anyone who shills this tactical dud of a meme coin. if you were there as well, the case here is likely you’re some idiot who sold his bag early and now has to try to replicate the lightning in a bottle moment dobo is having. good luck man, its not tribalism, go sell our swag to the next rug you can attach yourself to. i’m pretty sure i know who you are…
why are you being so salty bro lol. i never said anything bad about cabo (even stating the potential), i was simply listing an improvement. by original, i meant that the dobo crypto is mimicking an original meme and cabo is mimicking another crypto. dobo is mimicking the original doge bonk no horni memes, doge mimics the original doge memes, snek mimics the snek memes, tking represents the original show, and the list goes on. whereas cabo mimics dobo, which makes it less original in that sense. i have more than quadrupled my investment so far on dobo and still holding, so not sure why you are assuming that i "bought the top and got dumped on", when it is still just as early as cabo lol. just take a chill pill and enjoy the memes bro.
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can relate man 😩
is wazirx like coinbase?
i totally relate with this. this is why i set aside funds in stable coins so i would be able to pick up my faves; eth, pkr, matic at a thiscount.
i honestly don’t think there is a worse feeling. literally makes my skin crawl.
bruh!!! what can i sell so i can buy more dip!!! i keep buying dips!!!! i’m out of cash!!! brahhhh!!! if this dips any more ima dip mahself over da bridge!!!!
just sell and buy the dip
in shitty rockstar remakes
can someone explain howtf it keeps falling? it looks like market manipulation
yo i can’t comment on wall street bets but i guarantee most those pussys are noobs who buy karma
true and then the dip drags your investment into the "depts of tartarus'
don’t yolo your cash then. always keep some on hand because there is always another dip to buy
this is so fucking true. once had this kinda experience but way more experienced now to be caught in this webs. recently i always make sure i set aside some stablecoin in other to buy during the dip and get my faces which are algo, matic, mtv, lrc and rail
dont get the fuzz about it. its loooooong ago announced that taxes are coming and they are good! hodl 💎🙌🏻
the poor will always get fucked. always.
always have dry powder. and lube.
this sucks monkey tits... i hope the dip extents till beginning of december then i jump in again and i hope the fomo makes us all rich retards by then 🤑
...out of a yob. so its that until a zero drops.
i am the dip
if were the really rich we could just print more money so we can buy more dips.
you turn into a will smith? i thought that was just me!!!!
it hurts less if you view the 1 year graph.
i feel this lol.
just ask elon for a loan. i hear his bank account is flush this week.
officer: buy the dip crayon eater: we already bought the dip! we can't buy any more dip!
trying hard to keep away from the credit card
……...when already invested in meme coins😕😕
im just happy to share. buy casper token. potential token for the future.
buy now while there are restrictions. when buy restrictions are released, elon will go to mars🚀☄️
my favourite is putting loads in,for it to dip around 30mins later.
yes. we're a cryptocurrency exchange based in india. but open for all countries.
was wondering if anyone else is still into eth. good to see!
i’ll get you karma.
shit happens, but i prefer to dca my way in that way i am not too pained, but recently i look at the price action of some of my gems like sov at .
yea but do you have banano thats the real question
please tell the people of india to buy the dip.
u sell before the dip and then buy it when it dips. duh
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plot twist: this chart is upside down
pov: you bought bitcoin in may
mortgage house, mortgage wife, lose house, lose wife delete the app
you forgot the part where the chart goes back to an ath after “taking profits”
post this to nextdoor and get the boomers!
been there already… sad but true🥲
you forgot fomo back in at ath after selling
someone tell me which coin is this.
pov: me buying shiba inu this week
lol, i just bought more at
**user report** :--:--:--:-- **total submissions**1**first seen in wsbc**just now **total comments**0**previous dd** **account age**11 months[^scan ^comment ]( ^submission ](
i wish i started in 2017
so true, new to the game, was so hyped on the posts, until i got burned a couple times, small losses, but lesson learned, i can see through and enjoy the many shitposts now, keep'em comin!
just need to hold all the trash coin for 4 years and we will be millionaires.
i do not get it :(
it really do be like that
i’ve never seen something so true😂😂😂 me listening to my in laws that just started investing a few months ago.
we must be near the end!
don’t worry in 4 years you’ll hear someone say they wish they started in 2021
it all depends on which coins you were in if you uncorked into the wrong shitcoins during alt mania and then just said "diamond hands" without buying more shit, you'd *still* be down
receiving my first award i’d like to thank tron the ethereum killer, and iota the everything killer.
along the lines of: ogs jaded by hype. noobs peeling over choking on every aspect of hype
you mean after we sell at the bottom?
*puts on bitconnect helmet*
biiiiiiiitconneeeeeeect other insane shit like deepbrain chain, among many others too the siren call of 10x overnight sunk many ships down to almost 0
i’m still waiting on my lamborghini and on my reddcoin coin to hit .00
its sad that i know that one :/
at least you did not become a yenten whale also if someone bought nano back then (which is relentlessly shilled here now) they are almost certainly still holding bags (if their coins weren't stolen in italy) they really wish they started in 2018 or 2019
i have nano in my bittrex wallet
i bought it when it was still raiblox, but then it got stolen would've still been down so nbd
i think you belong here!
where’s the loss porn at for the people that bought into shib via coinbase pro on 9 .00009, shit went down to .000006 on 9. on a serious note for any new 🦍in crypto, always check prices on different exchanges b4 you pull the trigger.
bro so not paper hand that!!!! hold you must
you bought near ath?
imagine being this retarded. losing 50k on a pointless trash coin called shiba inu.
i personally believe shiba was a one hit wonder and done for the most part, it is pretty stable but your money is better off somewhere else
shib will deliver more loss porn than we can handle
just wait until robinhood listing and people start pumping it. shiba needs to be more accessible to the masses and easier to buy. people will fomo in hard due to greed and thinking it’s the unthiscovered doge
first to say that i am new to crypto but not to investing. i spent decades as a future and options trader and traded the 3 and 10 year futures contracts. i have always invested in blue chip and hold positions in catapillar, apple, tesla. and bhp . in last twelve months i have gotten interested in crypto and have made some money with axie axs , sol and ada. i am most excited by a token that may make you laugh and ridicule me but i want to post here in this clever sub so i can revisit in a few months. i have invested a chunk in shiba inu which most people said was a shit coin. i keep following all breadcrumbs on this project and believe it will make investors a lot of money soon. the devs are anonymous which is usually very bad but i have a hunch who is involved and i also think the exchanges are all backing shib because they see a number of things . 1. they know who the founders and devs are 2. they know who the devs are connected to 3. it’s price point is so low with the major e changes now listing people will fomo in 4. this so called shot coin already has its own swap that is working 5. close links to crypto punks founders 6. this things reaches new crypto people that can feel rich by spending 7. market cap already big enough that if it was a rug pull it would be global news 8. volumes now rising enormously 9. the covid relief that was stifling the coin has is being washed through wintermute 10. it’s charts have looked like a stable coin for weeks until this chinese thisruption 11. whales are now buying and staking shib 12. shib devs are quickly building an ecosystem very different to doge 13. the holders are crazy passionate and it’s a little cult like but people will buy any dip that happens. so i am calling shib as a great buy in a place sure to tell me i am a moron 😂 but that’s ok as experience tells me the opposite of logical often works when aiming to make money
gotta love a sub where mangos and turnips can yell at each other about a dog coin. “serious” crypto peeps are kind of like hedgefucks. they see themselves more importantly than what they really are. if the “serious” crowd was around even as late as eth sub ’d all be yelling at yourselves for the same bullshit on coins that have taken off since then. come with some dd or gtfo. stating trust me bro doesn’t make me or many others believe a fucking thing you say. at least op has some facts that can be talked about.
this is the loss porn i was hoping to see here.
hahaha, i can tell i'm gonna love this sub already.
this turns me on
and here i thought my 6k loss sucks
that some loss porn. damn.
aaaah, i see you're a man of culture as well.
i'm cooming to this loss porn
i love this sub already !!1
ohoooo my new fav sub!
this is what we're here for
it took dogecoin 7 years to break a penny. are your hands diamond?
this is the first post i saw on this subreddit. it's great to be here.
shib is the future will hit the moon any day now
i always wondered who buys this fucking garbage, now i know.
good coming back from that!
are you the brother of control the narrative?
the magical 50% loss porn that eventually turns into a 99.99% loss porn?
what youtuber told you to buy?
i have 186million shib... hope some day it will be something 😂
so much money on a shit coin lol... why
holy shit, that is a gamble!
lol wow, i felt bad losing
what in the fuck lmaoooo
excellent work sir... i could not have done it better!
i think shib is the next meme coin that many apes from wsb will come and join.
i see what you guys are doing here
my shib stack is actually outperforming dogecoin stack for 2 months now
the first of its kind. beautiful.
how you feeling now?
bro your double up now, 200k plus surely?
how’s it going now?
shiba is valued at a 3.7b market cap atm. that's a decent size. the target investor is one who thinks they are getting it cheap at .00000745 cents which again is a 3.7b market cap
you have no idea how refreshing it is , to see someone posting a loss on shiba, instead of trying to say its going to 40,000 rare
i refuse to believe that this is real
alot of meme coins have no use , if i’m able to ask what made you invest in it? im not sure it had a use i could be wrong
why not yolo into a value crypto with something going for it, like celr
ah i see where this sub is going, nice!
that was just pathetic... for people who didn’t notice, there’s an extra zero in the number after lol... coinbase mistakenly set the price 10x too high and a lot of people didn’t notice til too late
i thought zeros to the right of the . didn’t count ? 🦍
yeah man and just have built dca al the way down
to be honest i would rather loose on shiba inu than on doge
isn't that the wsb overall theme?
lol we are all retards because i am losing 130k in dogecoin now haha 😆
show us your success stories.
i hope they have more money than they know what to do with
shib has upcoming scheduled dev events planned for the future, including a burn schedule for the existing tokens. gradually shaving off the supply and thus market cap, and ultimately this help improve the price point down the road.
people said the same about doge though. i’d be cool if shib hit a penny
it is the unthiscovered doge
cool write up bro, they are also implementing a "burn" system soon. we are left with less than 400 trillion coins and it will just get lesser. i am actually heavier on eth and ada but shib has potential too. people need to start reading. i am hoping the stake reward can be better. but i believe as more coins get listed the reward can be passive income. i am not suggesting throw your life saving into shib but at least hold 100mil of it.
great write up, shiba will take people for surprise.
you are a moron
this makes sense...and people who cannot see this are delusional
hey man i threw in 250 in shiba i believe just need to hit 1 penny and i'm a millionaire
this is the the most thought i have seen go into a shib post ever. glad to see there is some thought. makes me feel better about holding mine. i will sell eventually as the goal is to make money. i also feel the rug would have been pulled by now. obviously it would have to be the bonfire of all bonfires to burn enough to drop meaningful zeros but it is a fun token to accumulate and monitor. flyer for sure but crazier things have happened. just do not want to miss something because i was not willing to throw a grand or two at it.
i pulled out over . only a little left in there now
pretty much where wsb is? lol
no, the sellers set that price, coinbase started the trades at the market price.
where did you buy your shib? since you have such a huge amount stake it and earn more. i only have 1b of it. i think a lot of people still think this is a shitcoin shib have so many reputable listing. a swap dex. soon a incubator for nft and stablecoin i hope people start reading the white paper and see value from it. it has already move from a meme coin to something with possible utility.
the name is cooler i guess
no... even wsb is better than shiba inu.
ouch sorry to hear that. doge will survive the bear market and come back one day.
you have ? 🤦🏽‍♂️
so... your logic is... because i find shiba inu to be stupid... i must own “a few hundred dollars of crypto.” wow... ya got me. i’m so sorry for not applauding your clearly brilliant crypto investing strategy with this one.
let’s pull a gme with shib now.
yep only a fuckwit would reply like that. shib is about to climb today and keep climbing so that deficit will thisappear.
well best of luck to you with that shiba, i held for the longest time and lost faith, shiba just got boring
it’s hilarious how seriously some people take themselves. i have my serious money in property and some blue chip shares. i find it funny that someone who owns ada and sol which i also do will berate and mock shib. all crypto even btc is a punt ... so if your a real punter why not take a real gamble. i don’t fear losing 10 k on shib . half the fun is picking 1 oe 2 things that will x 50 .
yeah they’ll be surprised when they lose all their money. op is halfway there.
i have no fear about losing 1o k in shib. i would fear not having a stake and seeing it rise incredibly .
i cannot wait to see his loss porn.
here’s the funny thing lone wolf 🐺 shib is like a secret club that many won’t admit having a stake it. the holder number keeps growing and the exchanges keep lining up. many that will knock it take a little secret bet on the side . people with zero trading background have a little bit of luck in a bull market and think they are experts.
so sellers initiated prices 10x too high on coinbase? i thought it was something the exchange messed up
i also saw some talk on the bone thread of the thiscord that they are looking into their own blockchain. though that is rumor atm.
> exchanges are all backing shi 1 quadrillion supply, i think you dont get how much is 1 quadrillion 1 000 000 000 000 000 000 000 000 10\^24 they can burn milions of coin every day for 10 years but i dont think it will reach 0.001
hey the are both equally good at showing me how to loose money.
please show us on the doll where shiba touched you. lol what a cuck
you sound like a total bluffer. you have posted once about a body cam and everything you have mentioned are flavours on the months . we all own eth,ada ,sol axs . if you are successful what is so stupid about throwing 5k at something that could x 100. i bought axie at . real investors show a little more respect to other than you have turnip. mentioned
yep let’s. the entry price is so low with 5k it can make a fortune
how you gonna short squeeze something that is being minted every minute?
only fuckwits buy shiba inu. isn’t this the place where you call people retarded for doing retarded things?
show. let’s see a screenshot
i honestly am scared by how often i read the exact thing above. do we not teach math properly anymore or something??
this exactly, i'll take a risk on shib all day just not gunna throw in my lifesaving
yea, trading did start at market price, but didnt last long. i know a few people who managed some crazy profit buying near the beginning and selling at the end of day. that being said...coinbase did make the perfect environment for it to happen... low liquidity private market for that day lol... sellers set the limit sell prices, and buyers put up the limit buys without doing any dd.
yup i saw it on thiscord. it is something like a l2 to reduce swap fees. this group of dev are serious about the project. so no harm dumping 😂
i get what does 1 quad means. more than half got burnt. we are left with less than 400t. the dev are implementing more use case with burn function. how much do you know about this coin except the total supply. go look at etherscan io. look under holders and the dead wallet.
this isn’t a shiba inu circle jerk. trash like shiba inu is not good for serious crypto adoption... which ya know... is kind of important.
lol. yes i watch the tv show body cam. got me. i better go buy some shiba inu now so i can be a real investor finally.
you cant mint shib lol
so all 700k must be fuckwits 😂
what do you invest in turnip he has 500 karma you have 1 . so i think he is correct and someone successful enough and humble enough to show 50 k down is successful. will be surprised if he is t 20 k down by tomorrow. shib about to climb quickly ... don’t miss the train turnip man.
yes i will totally share my holdings just for you. let me get right on that.
i remember the fud around the swap and how they were saying it was not real. the devs are working and adding new coins to the swap to improve it. i took profits to pay off all my debt (bought in feb) and i am holding. my only regret is not buying more and then selling it all when binance listed.
get the fuck out of here with adoption. nobody gives a fuck. people want to make money and memes. that's it. people only dyor at the hope that they make money in the end and they do not give 2 shits if the project does well.
how many people bought bitconnect?
on what planet is losing 50k successful. you could have picked literally any crypto this year and put money in it and been green.
my first btc was 17k cost average... ethereum under 500... original bag of ada started under $.20, matic $.10, sol under . i dk... those have all turned out pretty well for me.
we should use this comment on r.
that’s all fantasy . he is a toxic little turnip boy. he won’t share his holdings because he probably really has . lots of these tough key board warriors are massive fakes or they wouldn’t feel the need to be toxic and aggressive.
then stfu. you forgot to say: “my net worth”
exactly, why anyone thinks shib can "hit a penny" not realising that 4 trillion is just stupid, is beyond me...
adoption = gains but whatever guy
lol you have achieved full retard.
we need moderation here and soon. right now it is basically 're replying to and blatant bots
i traded us treasury bond futures for a living. so it won’t hurt my feelings if an uber driver thinks he is on wall street because he joined the wall street sub. so i want to punt some money on shib . don’t be so judgemental and high and mighty .
says the 15 year old “crypto addict” that buys meme coins. who tf gets this triggered defending shiba inu.
apparently your not a real investor if you don’t throw 10s of thousands at shiba inu. this is purely a garbage sub of shiba and doge bagholders. just wait until the hex people enter...
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til i'm an uber driver.
who tf gets this triggered when asked for proof. i got btc when it was 0.30, trust me dood.
i have a decent amount of shib even i know unless they burn a ton of the supply like 99% it can’t be worth that much. i do believe .001 is fairly achievable even .0005 and i think there is a good chunk of people shitting their pants. people think 10 bucks is going to quantify somehow magically into a million dollars is just fucking dumb.
should put some of your driver tips into shiba inu
who posts screenshots of their accounts and wallets to appease some plebs that only buy shit like “safemooninu.” yeah let me get right on it. enjoy being poor
you shame shib holders because "shitcoin" and "do not trust these altcoinz" and you're scared of sharing a screenshot of your transactions. don't you know how wallets and exchanges work? maybe you do know and you're just bragging about something that never happened. again, why so mad? for what? you keep bashing on people for no reason, maybe to feel better about yourself? as if we care if you got "rich" with coomcoin or fartinu? it's not to appease. it's to give credit to what you say. if you do not back what you say with facts you just look like one of those children that claim to have the ps6 in another country, at their uncle's house
thanks i do feel better. the amount of time you wasted typing that was satisfaction enough. imma go play my ps7 now
how do you even hold a controller with those paper hands?
dicke and also penis and balls
the retardation grows stronger. not buying meme coins as a choice doesn’t make someone paper handed. quite the opposite... staking legit coins or lending them for interest can yield quite the return...
so do big shit coin pamps. wayyy more than 7% apy
please stop saying retard
that’s great. but like an absolute moron you called me paper handed... which literally has nothing to do with me thinking shiba inu is retarded...
i think you bought it and sold it for a loss
you may have freedom of speech, but is that any excuse to bully someone? just because you can say something, doesn’t mean that you should, especially when it may hurt someone’s feelings; having the right to do something doesn’t mean it’s the right thing to do.
bro... your on a wsb sub where using “the r word” is encouraged. you don’t want to get trolled? don’t just hop in and start calling people paper handed.
when we use a word to categorize an individual, or object, in a demeaning or thisrespectful way, we are thisregarding those people. those individuals have the same hopes and dreams as we do, so why would we want to demean them by minimizing their value in our society? that is the social injustice – they often don’t have the same opportunities as we do in school, community living or employment. just saying that word reinforces the limitations we impose on them. our goal is to include everyone equally, fairly, treat them with respect, and not limit anyone to a stereotype.
is this wallstreetbets or the pc police. maybe this just isn’t for you...
this is a place for people with strong hands so i know this isn’t a place for you
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atlas is the us military. dare you to not use the dollar
the army is backing it up
you could use this same argument for all of crypto, peoples believe in value is the only thing that gives a currency value, otherwise we’d still be bartering goats
should be tanks, nukes and the military industrial complex holding it up lol
that beefcake aint nothin!
one of the most accurate things i've ever seen lol
now that’s what i’m talking about! 🚀
"full faith and credit of the united states"
you should replace us dollar (the world default currency ) with meme coins...lets not kid ourselves here
ayy lmaos created the us dollar
i did not know saudi arabian oil was so muscular
i trust the government
nothing... how about the army?
more like the military, remember when gaddaffi wanted to abolish the petro $? see how that turned out, the us dont have enough natural resources
minus land, military, and government policies, yes, nothing is keeping the us dollar afloat.
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the weaker our position on earth the weaker the dollar. in short, it is guns.
or "street cred" depends how you think about it
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best joke i’ve seen in a long time 😂
in guns we trust.
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yet another brutal day week month for crypto. were the bubble bursters right?
sir we no longer stock green candles
i like it rare too
i thought red was the new green
twitter and youtube guru's giving hopium we'll get to the moon the bull cycle still intact fck them made me loose all in futures and i'm now down bad and still those mfs putting vids and tweets about altcoins make me sick like you were trying to spread the agenda what now bitch they are like nothing happened and celebrating that lvg shook out just shut the f up you early investing cunts with next to zero knowledge and have lazer and nft in there profile pics. man loosing 're a student with no earning source. fuck them influencers. sorry guys for the rant.
btc will hit 80085, correct to 69000 and crab there, then go back to 42000
bitcoin is going to ,000 and then to the ,000 level over the next few months. then we'll double up and go over ,000 probably by march.
why don’t y’all short ? you don’t have to long everything
not complaining i’m gonna stack up and keep buying if it drops then cash out
crypto will rebound, it always does. just need to wait the correction out. buy where it makes sense. long game it. 3-5 years
this is something i made for fun
no, but i also think all these influencers calling for a 100k btc eoy gave a lot of people false hope. i think lengthening cycles is in play, and this is just prolonged accumulation. gives me more time to stack so i am not complaining
looks like we are gettin ready for a cold crypto winter
they do not get likes and views when they offer a negative outlook. stop listening to youtube influencers.
there are slim pickins when it comes to solid crypto yt channels. however, benjamin cowen more or less called the harsh may correction and he is been preaching patience throughout the cycle. as guys like him and nicholas merten will tell you, most of yters are just shilling to put their bags on you so they can cash out... or make up for their bad trades.
source: trust me bro
eoy isn’t here yet… 💪🏿💪🏿💪🏿🚀😎🚀
word. the longer it takes to peak this cycle, the higher the cycle will peak.
lol it’s just as good as anybody else’s crypto ta
why is not 69 the peak? curious what metrics people are looking at.
i never said 69k cannot be peak. but i tend to look risk metrics and logarithmic regression bands, and 69k was nowhere near the mania of even the apr. upward trend has continued from that apparent mid-cycle correction. anything can happen in crypto, tho. especially with global supply chain issues and hyper-inflation concerns in the wake of covid. just because things are "on schedule" does not mean we'll arrive at our destination.
"rest in peace, dear friend" he added
translation: interviewer: hello, today with us is alexander butmanov, economist and founder of invest club soyzniki, he is an expert in investment strategies guest: hello, would not say a good day interviewer: yes, no one says it anymore. today, stock exchange strategies is an atavism today or you're hoping to stay in this profession guest: ehm, in the worst-case scenario i will be working as ded moroz (santa claus) as i did 25 years ago interviewer: well, it is only once a year guest: jokes aside, let me do something quickly. i just wanna say hi to sergey usichenko who drank 12-13 years ago for the death of the stock exchange market. i'm drinking sparkling water today. dear stock exchange market, you were dear and interesting. rest in peace, dear comrade! interviewer: i'm not going to comment on this flesh mob and do not want to believe in this.
i read that as he drank himself to death on live tv
is he happy about it or just sarcastic?
the look on the interviewers face looked like she was wondering if her family was currently being rounded up just for being involved in this interview
he just took a sip, what a bitch
in russia drink drown you
and this was the final program of russia's last independent news network
only because he gets to buy low
he is just toasting because he can buy the dupper dippidy dip!
russians are crazy, but they have balls
collateral damage, it is just sad.
sell gold - make russia weaker
the way he so nonchalantly did the whole thing and the news reporter immediately thistancing herself from his actions tells you so much
if you cannot handle this level of market drop: you have no business investing in the market.
"dear comrade" - insulting the epitome of capitalism with commie garbage
that would not news in russia
he's russian. they are neither happy nor sarcastic.
i read somewhere else that he toasted the death of the stock market and said he’s going back to working as a fake santa claus.
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would you look at that, all of the words in your comment are in alphabetical order. i have checked 620,870,192 comments, and only 127,116 of them were in alphabetical order.
see this pen. you can go f yourself with it.
i make nft's. non flushable turds. i'm proud of them.
somebody should make this meme into an nft
belfort: you should be evaluating! are you on the market for an nft?!
truly. nft is pretty bullshit
scooped up some catsters 🤫
"its dogecoin" jordan \*moves to next person\*
are you thirsty??! then buy this pen…. sold
finance 101 in 2041 be like
here's a million dollar check. try and cash it with no pen!
you’ll find out what color ink it has once you mint it!
so i have a question. so when i buy an nft of an artwork or the first youtube video. al thats happening is that my name gets put on a list that should prove ownership. buy heres the thing: why should anyone recognize the nft when it comes to ownership? in the real world. the government enforces contracts. thats what makes them legit. who enforces nft's? if i buy a house and upload a copy online somewhere. lets say someone makes an nft of the contract. would the house then be his or hers? would the contract not be mine anymore? and again who would enforce the legitimacy of an nft? and why should anyone care what some online proof of ownership says?
right up the piss hole
thinking about buying some early 2011 tweets
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this is the content i come here to see
perfect analogy. sums it up real good
but the dev team is great you guys! we have a thiscord too!
i prefer to call them jpegs for money laundering
just read that to my girlfriend and she "does not get it"
just encrypted url's that will all go 404 sooner or later. and just a right click away from being stolen by your wife's boyfriend at their next sleepover.
you can use fuck and shit here .
i think of an nft as a declaration of original ownership. whether or not it is of any utility or value an nft is an artist saying, "this is my art, and i declare it as patent, on this day and time, belonging to me." so to reiterate, an nft is anything you want to claim as yours thru a digital and immutable ledger with zero thispute. *warning* fraud alert same as with most anything.
can't do shit... liiiiike... i cannot even get high? or ... like what...
is it a good thing ? google the “dutch tulip bubble” that occurred in the 1600’s. that how people 50 years from now will remember nft’s.
the explain of the year by argument! 🍾🍾🎉🎉🎊🎊😂
explains melania’s nft lineup pretty good
i lost ya at "imagine you have a wife"
i am using this a prestige party if anyone ever asks me this ?. ' ' and i knowwwwwwwwwwwwwwwwwwwwwwwwwwwwww it is going to be asked! hahah
dude, it is hard to post here good bot
it really ain’t tho cuz when a jpeg becomes more popular, the value of the nft actually goes up but when my wife fucks more dudes, i can’t sell her for more money 🤨
>perfect analogy. sums it up real good i think there is no better way to explain it
personally i call them, waste of money
i’m curious how you think this could be used for money laundering… you’d be starting with cash, trying to buy millions in crypto with cash (which would probably turn deadly), and then purchasing nft’s (which you wouldn’t really need because you already went cash to crypto).
sent to my wife and she doesn’t get it either
red flag dude!! run away!!!! (my wife did hahaha)
well, just trying to be polite
i think it is literal, he cannot do shit because he is feeling blue
thanks a lot! but the year is just starting, i'm sure we can do better... hehe
tell me more about it
well, you lost a great nft explanation then
great topic for family dinner
not with that attitude
it's all about finding the right market. i have a background in sales so i would be willing to help out, purely out of altruistic kindness. first i'll need a little more info to put together a sales plan. if you could please let me know just how many more guys she has fucked, describing each encounter in as much detail as possible. better yet if you could just have her describe them. for the sake of clarity and brevity if she could just record the details of each encounter to audio i would be able to transcribe them later in private. make sure she talks slowly and softly so the mic clearly pics it up, and a sort of sultry voice helps avoid compression loss when you compress the files to send.
all that would have to happen is a quid pro quo. for example...let us say i'm in congress and you are a corporation or whatever. you want a regulation repealed and want to bribe me to get it done so instead of giving me an envelope of cash, you can buy my wife's. something like that. think of any kind of scenarios where someone would want to bribe someone and nft's can be used for it. this is just an example but you pretty much get the point
buy your own nfts
does she have red hair and blue eyes?
oh god you're probably so right... so many red flags but gosh she has red hair and blue eyes.
dude, thats sounds creepy
i get what you’re saying, but that’s bribery, and not money laundering.
like selling drugs and include a pen. the buyer bought the pen, not the drugs
with what money? the money would have to be in a bank account, aka you would’ve paid taxes on it, aka it’s not money laundering.
wow your description has never been more accurate!!!
well, blue flags beat red flags... hehe
you can just put the money in an offshore account, and then launder it in through art purchases. it's not even theoretical, it is already common enough in physical art. and real estate. say you need to get a bunch of russian money because you're, i do not know, a failed business man who lost all your dads money opening a casino as a totally random example. you buy a cheap property in, let us say florida. something nice enough to be unique with no real comparable near by properties. well then you just turn around a year later and sell it to your russian friend for way more than anyone would reasonably pay. but without other properties to compare it to, who could prove in court your not just manhattans greatest business man? the best, nobody better, everybody says so. it's amazing what you can get away with in this country if your rich enough. when your rich they just let you do it.
i definitely hear your sentiment. do keep in mind though that simply “opening an offshore account” is not as easy as going on sending a check. the launderers would have to transport millions of dollars in physical cash to the cayman islands, or wherever the newest off shore island country to open a bank account with is. and on top of that, those offshore banks don’t just ask you for no information either. all my point is, to criticize nft’s for their ability to enable money laundering is not a good argument. the ways already exist today.
not easy for us. easy for those with enough money to launder. just look at basically every rich person on the planet. ever hear of the panama papers?
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been watching my ada bleed for like 6 weeks. i need that shit to go up like .80 to break even lol.
i'll be honest... dogecoin got me here. but i've since sold my bag and moved onto actual projects. shitcoins are just shit. i came for the doge, but i stay for the eth! hehe
its the same picture.
last year when the coronacrash kicked in, i decided to finally invest in crypto (since i waited for more than 5 years because i tought: "is it too late?" lol) i did some research and since then, im 75% in cardano. was not a bad choice.
cardano is a ghost chain and the king of midwit coins, i'm sick of you normies
where can i buy poop ?
i am number two
anyone use coinbase for the quizzes for free alt coins? i’ve gotten about 50 in only rewards, who knows what will happen in the future but it’s not coming out of my account.
no professional likes cardano lol. it's all retail that does not understand the tech or how market caps work.
what’s the difference between the 2 coin ?! 😂
i am both. 😂
cardano is overbought because of the noobs though lol
cadarno promises to do what avax is already doing
not gonna get any gains if you don’t buy what the noobs buy. you’ll just be sitting there with your quality coins watching dummies get rich. who’s the dummy now ?
my parsiq: barely moves. revolutionary, essential technology. my meme coins: up 500%. pointless. a joke.
i see no difference
i view them like shares in a company cuz they kinda are (equity in a project) so i’d say neither i just like trading because life is boring
the first guy belongs to a cult, the second guy knows what’s up
only losers bet on ada
fun thing is, only second grp makes money
anyone who is into defi at all knows how much of a joke cardano’s current market cap is
yeah buts it is actually .000120402 with a circulating supply of 69.420 trillion
santabonk yolo you say?
sad but true only poocoin has an unnelievable app behind it and good reflections
we're in the same boat, i'm keeping my fingers crossed for a strong trend reversal for ada!
love this! i had the same issue, i had my finger over the sell button when doge got to .78 but i waited out for that ...so far not so good 😂 you've gotta love eth! apart from its fees...😂
came here to say this of all the coins you pick ada as an example of a non shitcoin looooool
i meant second one down not second picture 😊
sounds like we've done the exact same thing. i knew about crypto and was certainly aware of it since like 2012 but never had any spare cash or thought i was too late to the party. so when the crash came in march, i did fill my boots. but then i kept buying all the way up because i kept feeling like i wanted more! but to be fair, i have done well. i have a large cardano holding as well 😊 i did a lot of research too, and my final push was made by listening to benjamin cohen on youtube, do you know who i mean? he's really bullish on ada and has been doing in-depth analysis on it since day one.
talk to me about what you think are the best coins? we do not wanna be a normies no more 🤓
i have been a fan of algorand for a while! it's on my watchlist awaiting a dip. i think i might spend some time analysing it today, then i'll set a buy where i think it is fair value is. what do you think about the price as it stands today?
i think a lot more people are number two than one, it is so much easier! are you a newcomer or have you been into crypto for long?
no i have not tried that, i'm not actually using coinbase at the moment, but it sounds good.
some of us buy memes and some of us are suckers for hype. i’m bag holding until the hype comes back around i guess.
i guess that makes me unprofessional then 😂 to be fair, i do not like cardano right now because i was hoping it would easily slice through the resistance and get to ! we will just have to see what happens...
me too! in my eyes, there is always room for a bit of crazy investing every now and again on a sh\*tcoin, it does definitely pay off sometimes! 😊
that's true! i think this is why it is coming down so fast. noobs cannot handle a correction...og's have diamond hands 💎
you are so right on this one, very well said!
exactly, who's laughing now 😈
yes! i completely agree. i love to trade because i get bored too 😊 and i also look at cryptocurrency as shares in a company. whenever people say to me ''i just do not get it, it is not a physical thing, you cannot touch it bla bla bla'' i just advise them to take a look at the fundamentals of the project just like any company they would invest in and then decide.
i’m holding out either way. need it to hit 5 before i think of selling…hope it gets there lol
yeah, i started buying when it was like 1.40 thinking has to recover…then continued buying in the climb to .
eth kills me. ... actually no i don’t i’m holding a big bag of avax since
i mean… cardano is far from a shitcoin. it’s not living up to expectations but it’s definitely not a rocketshibainucumswap token.
im familiar with the name, but havent watched anything from him, maybe i give it a try later \^\^ however, im still holding. im still very bullish. i wish us good luck :d
bat is one of my fav coin. but i'm mostly now holding bitbook, not the best performing coin (i invested at ico and i am 50% down) but i'm holding because the project is very good. and it is not just some promises, the plateform is already live. you should read their white paper and about their creators.
i bought avalanche at , by far my biggest holding. i do not see anything else that comes close in potential tbh. other than that i just hold some btc, eth, and a bit of rbn which is an options trading platform. seemed pretty promising but has not really moved yet. but yeah if you're buying stuff already in the top 10 you're kinda too late (on average) unless it is btc. i do not think people get this. like, sure coins in the top 10 could still 2 or 10x, but the likelihood of any gains is so much lower. there's no way cardano is going up any further, it will probably be outside the top 10 in a year
not to be that guy but dm me if you’re up for a referral link. we both get
probably gonna be the *insert scientists name* upgrade, which will scale cardano to a whopping 2 txns per minute, huge, huge stuff
you can switch bags at any time.
only ill-informed retail would think price action is the only factor to consider.
i've set a sell at 4 just in case. but only 50% of my holding as a cheeky granny investment 😉
i feel like people are underestimating eth 2.0, which they have identified all the problems and are going to implement the right fixes for all of this. it's kinda weird, cause really its pretty far out, but when it comes it will basically be what eth has been needing. the thing is like there are projects out already with these functionalities. i wonder how it will play out, if eth 2.0 will be stifled, or if these alt layer 1's just would not go anywhere
i'm really starting to think i should be investing in avax right now...i'm gonna do some in depth analysis on it today. what do you think about the price as it stands today? is it worth a punt or is it overpriced?
use polygon, transactions are <1c, nft's are plentiful and tradable on opensea. can do most things you can do on ethereum right now without all the fees. once you have >, or want to get more serious about investing it is easy to bridge to an ethereum l2 like arbitrum .
cardano isnt shit. its a polished turd. packaged so you dont feel like an idiot when you own it.
i see you deleted your comment. here is my answer: how bout the 60 dapps that do nothing? how bout the two dex that cant even work on chain? how bout the concurrency issue? how about the smart conctracts doing nothing? how about the fact when asked about these issues charles says "its not a problem"? how about the fact it can run xx tps but its like not even quarter of that speed? its a giant vaporware and if the recent "we are gonna win" video from charles doesnt prove what delusional narcist he is then you deserve what ever is coming to you for holding ada. sell that shit. fast.
thanks for this! where is it listed at the moment? just at a brief glance, the price looks really good, but i'm thinking why has it come down so much at such a gradual decline?
i also like bat, mainly because i get it for free by using their brave browser. i'll take a look at bitbook, thanks for the tip!
cardano will still be around. i hold both, you newbie bitches are technologically illiterate and impatient. diversify your portfolio and let it work for you rather than having to lie about other projects just to feel secure with your holdings lol
this 👆 i didn’t catch on til 50 bucks but avax is the one.
i agree. although, in my opinion coins like dot, fil and omg have excellent fundamentals and were worth a punt, especially a few months back. although, cryptos on sale today so might be worth a small bag if you have not already! i was considering avax and am watching for a mighty dip, i feel like it is massively overpriced right now. do you prefer to invest in stocks rather than crypto?
cardano is going to rape avalanche
can you give me some avax hopium? i bought at the top to get into some nfts there. just seems like another geth clone at the moment… is there new tech here or just the l1 rotation that’ll move on in a month...
cardano is still up 800% in the last 12 month... anyways, crypto is all speculation. i hope for all of us we get good gains and a bright future! :)
we’ll probably both sell for a loss 😂
will be very interesting. i use avax mostly and it’s very quick, is cheap, has great projects. can’t knock eth for what it has done. i’m not invested in it but i hope it does well and along with the rest of the quality layer ones. once things can be bridged with little to no fees then the projects themselves will do the talking. exciting times!
well it shot up to . i guess to put it into perspective, it had 55% as many transactions on the blockchain as eth did yesterday and if you compare the market caps you would definitely say it is undervalued based on that statistic. imo it’s a great time to buy any crypto ay the moment. lots of fear. i just really like using avax and the defi projects on it are awesome qi time & joe are some great projects on the avax network that are definitely worth a look. end of the day i think it personal preference, but what you’re interested in
don’t listen to this bitter, fud ridden troll ada is great tech, one of the most decentralized block chains, cheap transactions, and is being built from the ground up based on science and white papers 👌
i didn’t feel like starting an argument. i’m not a cardano bull. so it doesn’t even live up to its claims? i thought it worked well as intended they’re just developing it in snailpace and dapps are being developed very slowly. so cardano can’t even move money in the speed that it promises?
i like avax too, and have a modest bag. missed out on a lot of gains from that chain, and sol though. ftm is another good alternative with room to grow for those in a similar position as myself.
nah >95% of my net worth is in crypto. i bought my btc. from there i rode the 5-6x gains and ended up swapping most of it into avax. long term i'd probably just hold spy if there is no particular coin or stock i think is super promising. feels like everything is just giga corps now it sucks. by chance there was a good thread on this the other day by emin actually lol (ceo of avalabs). [ i like dot but again cannot imagine it going much higher. if it were lower mcap i'd consider it. the idea of fil is cool but same thing, do not know how much it could realistically go up. omg seems to be making a comeback yeah, i heard about it from someone else. probably not a bad hold, but i also do not know much about it.
on what basis? it cannot do defi. it's smart contracts barely function. it's written in a language no programmer wants to use. they went out of their way to create the most over complicated and autistic coin possible and they succeeded. all you can do is stake it, and why on earth would you do that if it does not even work? you realize you'll just be getting hyped about updates that fix nothing over and over and over, right? they've been around for how long, and their smart contracts dont work. the denial around this shit is insane, no, it is not going to come close to touching avax, and i do not even own avalanche.
look up the team rocket whitepaper
haha, i hope not!
i agree, the fundamentals are really good. i will dca in i think, just in case it does an aave on me...i bought aave just before it went parabolic as a trade, and sold on a 10% profit and then it mooned 50% a day after that and i never got back in. gutted. or it could be that i'm buying the top and it is about to come down. really appreciate your time and analysis!
yes. now it makes sense. shib and doge bagholder likes ada. great tech, compared to shib and doge? haha yeah ada for sure belongs in the same shitgroup.
its ok. you are asking the right questions! it can move the coin but not in the speed thats been thiscused. main reason is the scaling isnt up to date. and when confronting facts like these the excuses keep poring. it can scale later on, yada yada. fact is, its not doing anything today that anyone else already does better. ada cultist often bring up eth fees and congested network- given eth has its problems but ada can never handle the tasks eth is pulling right now.
a true og 😎 i started buying in 2020 after the march crash. my portfolio is 95% btc & eth and i have some small bags of moonshot hopefuls. for me, it gets addictive, but rather than hodl a load of shitcoins i try to just trade btc instead. it's the adhd in me 😂
try googling all that’s being built on cardano you fucking sped
your the one that sounds like a salty bag holder lol. or an eth maxi telling people to blatantly sell one of the top ten crypto currencies perhaps whichever the case, we shall see what happens when sundaeswap launches.
i didn’t know. thank you. that’s horrible and indeed sounds like literal vaporware in that case
try realizing they can say they are building whatever they want but it would not change the fact that it is been like 7 years and they still do not have a product people use. like cool, when is their first dapp gonna drop? ethereums was what, several years ago?
zzzz no one cares. people like you always wait for next thing with ada. and it always sucks. smart contracts, waiting for it 3 years. turns out. no one can use them. now we waiting for a dex that clearly said there is a concurrency issue, iohk says they are doing it wrong. lol. how am i maxi? what am i telling you to buy? shitcoin is shitcoin. you can wrap in whatever food or animal you want.
it is worse than ethereum on literally every dimension. people that do not understand tech hold out hope that maybe it will turn around, but it is not, its pace of development is so slow it will never catch up.
meld & sundaeswap q1 2022
cool. so between now and like march, they are gonna have a dex or two. do you not understand? meanwhile, eth will be going proof of stake. there's optimism, arbitrum, loopring, omg, just to name a few, that will continue scaling it. so you're telling me because two projects decided haskell was not too annoying to build with, cardano will somehow skyrocket? cardano is too late to the party. their biggest claim to fame is proof of stake and their largest competitor by a long shot is upgrading to that soon. they're fucked. and until those dexs actually come online and people use them, it is all hype and speculation. come on.
i’ll believe it when i see it, eth isn’t going to transition to pos. cardano will crush your shit network get fucked loser
*oh no* it is retarded 😧
rofl good luck with those bags. sorry you got sold a pipe dream. you can cut your losses and switch bags at any time you know. did you not realize something was up after they promised 100's of apps were in development for the last year, released smart contracts, and nothing launched?
have a read down of my interaction with it…. i’m now going through all its comments to have a giggle.
yikes it is like a bad take bot
you guys make money?
more like i’m up 2700 this minute… wait a sec, i need to sneeze…. ahh-choo… okay, where was i, yeah like i was saying, i’m … and never mind i’m back down -3200%.
dude my savings gave me like .04 over a month or three……. really makes me wanna jus put into defi since none of this is real anyways
if only it was that easy...
jasmy about to take over tomorrow 🚀🚀🚀🚀
the only thing i hate is how people pretend getting 10000% apr (or whatever) on an inflationary shitcoin (that could easily be rug pulled) is 'interest'. it is better thought of as a cola adjustment or something.
making money everyday :) just don’t look at my account haha
fuck you guys. i’ve been in this for over a month and guess what? i’m still in the red. what the hell are you even saying?
fuckkk which one is the next memecoins
good for them if they can earn.
i am trying to short the hell out of crypto but failed so far, seems longtime is better anyway
who the hell makes money here?!
im up 15% on cryptos r% on shitcoins my coworker whom ive had to explain what market cap is multiple times has told me to buy (would be ~1000% had i not sold my shiba inu right at when it started to pump) just this past week i got 3x on some bsc shitcoin for a crypto fishing game.
tfw your 8000% gain on one crypto won’t make up for a 99% loss on another
you can be up 100 million percent but only down 100%. unless you used leverage. then you're f you ck ed up.
hint , not with shit coins
this meme is made by someone not using crypto or does anything. those gains are only held by those that buy at the absolute bleakest time for a coin, make the coin, or are pump dump and buying low. whenever i see x down 100 percent i’ve never been able to buy it down that much it doesn’t really exist it’s just how they make the up 26000% more ridiculous which in turn gets normies to think dumping their savings in one year will make it 26000 percent as the coin has that kind of gain in under a tear. edit check out op’s history they’re advertising flop. they’ve been on reddit less than a year. this might be my 2 year alt, but at least i was active in shib before it blew up.
i'm -30% in crypto
i'm up, he sees me, i'm down...
wow that’s impressive being down more than 100%
😂😂 that is truee!!
yea no shit this post is trash.
agreed, it is just a meme btw
how’s 1200% and stable the last 3 months? defi kingdoms on harmony
bruh it is real, i did on shiba. traded x20 leverage. truth be told i did not know elon was gonna boost it that much.
bruh just hang in there. volatile as fuck, sometimes ya gotta wait 6 months but the cycle will come back and exceed your price
i agree, shorting is risky but sometimes it seems obvious
it's not too difficult with cryptos
problem with that logic is that it is 100 million times more likely to be down 100% than it is to be up 100 million percent.
dear zackf69420... thats total bull fucking shit! i made 10x my investment on cro and i bought at a regular time. fuck you and suck my fat cock. imaging being a bitch... even an irl autistic kid can tell this is a meme. 🤣🤣🤣
i can make you sure 2700% is not really difficult to do if you invest early. second, it is a meme bro, calm down
i'm not much better, may the crypto gods bless us soon!
i'm legit down 20% all time in crypto. everything i do loses money. i just cannot even.
if you're only down 30%, that means you're still up 70%.
don't worry man, dyor on your loss and do not panic sell. good luck! 🙌🏻
it just doubled? in a month? man, follow the proper youtube channels, you should atleast be 200% per week if you are hardcore with it. and im not joking
trading futures is not the same things as earning 'interest' via apr.
i hope so. i believe that too. just hard with all the groups previously who made all these profits when we’ve seen none. sucks buying at the top.
it is for some of us
op purported they did
please go to literally any exchange you have. any one that shows 2700 percent increase and no matter the coin i’ll liquidate my cbp portfolio and go all in with whatever you say. even if there’s a chance you could troll me or have my buy peak.
how do you go down?? do you not put anything in ethereum or bitcoin?
like hopping from pool to pool chasing apr incentives? i could see that working i guess. but then you have to stay on top of price predictions for each tiny little coin you enter. seems much riskier
if you figure it out, let me know. i'm in about the same amount of time as you, and other than 1 or 2 lucky breaks (getting into mana the day before the facebook announcement lmao) literally everything i've done has lost money. i'm sitting at -20% overall right now.
it depends on the time frame, tell me and i'll tell you. second, calm down again, it is a meme bruh 🥴😭
update! 🚨 shiba floki trillionaire (shiflotri) is up 3094.08% in the last 24 hours! prepare your cbp portfolio man 😭
it's high school all over again. back in high school, i was in an economics class while the bubble was pumping in 2007. we had to paper trade the stock market over the course of 1 semester as part of the class. i was 1 of 2 people in my entire year that lost money. some people just are not meant to invest.
not really. you can automate most of it. also portfolio managers are a thing. also you just sell at your predetermined price. wait for the fall that happens after every rise in every coin. buy at a lower price and continue this. kucoin and a couple of others have automated bots that are free that do this. also ladder win, so you can do this without having anything other than a competent exchange.
me too. it sucks. :(
post a screenshot of your gains having bought at the bottom low enough you have that high of gains. a portfolio pic of a coin where i can see you bought at the price point 3000 percent below, but you dont have it. you saying that just means it is correction time for that coin. autistic people are supposed to be good with details, did you miss that gene? ' ' i pointed out manipulation as the reason. that is how shit coins get attention.
>not really. you can automate most of it. also portfolio managers are a thing. also you just sell at your predetermined price. wait for the fall that happens after every rise in every coin. buy at a lower price and continue this. > >kucoin and a couple of others have automated bots that are free that do this. also ladder win, so you can do this without having anything other than a competent exchange. as someone who only loses money on crypto, this sounds like something i should look into; it is a brand new way to lose every dollar i put in. ' lmao
this is the third time i suggest you to chill man, you're taking a meme seriously 🥴 second, i have few examples. these gains are possible investing early on coins or casually investing on shitcoins. 1) a friend of mine bought eth at 150$, he kept selling some and he made 15x gains. 2) i bought a shitcoins few days ago, it went 14x so i took some profit 3) with pump and dumps you can also create 250x single candles with low cap coins
yeah you need to do a lot of research and make your own bot parameters that you should tweak every few hours. ladder win lose is actually where you should focus to reduce the amount of money you lose, as there is automated sells as the price goes up and automated buys as it goes down...if used right, can keep your portfolio from completely.imploding
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im trying to buy some since 3 days and i just see the price sky rocketing since then :(.
the community is the nicest :)
this will be hudge !!! we need add new banano pell group ah make hype !!!
0.059999 price as ath will soon be shattered again. welcome to all new monkies. get your ban on
don’t forget to head to r, free banano and friendly vibes!
i upvoted this because i love this fucking movie.
buy banano on pancakeswap for dirt cheap fees. it’s wban and is the same token just pegged to the bnb smart chain, now…. where’s my potassium?? 🍌
come to kucoin already
\ and fam is simply great!
just imagine price of the coin when market cap reach 30 b 🍌😅😂
why would anyone buy anything other than hoge right now? confirmed being listed on a top 5 exchange within 2 weeks. that’s why it’s been exploding. 🤷‍♂️
only 2100 people have bought so far. looks like a pump and dump.
are gate.io and coinex the only 2 places i can get banano? help me get on the train!
[mp4 link]( --- this mp4 version is 95.51% smaller than the gif (231.77 kb vs 5.05 mb). --- *beep, i'm a bot.* [faq]([author]([source](v1.1.2
check out yukon. listed on cmc and cg. tiny mc. very early!
banano dumping already since 9h ago… 😢 thought it would fly higher, lost all my benefit already😭
scam coin. join feg or be poor
coinex is easy otherwise buy nano and exchange for banano
what movie is it?
jimmy dolan shake and bake!
do you have a guide on how to do that? i cannot find it
or polygon on sushi swap!
that would be bananas 😂
banano is 3+ years old. helped fight cancer and the covid19 virus by folding and spread memes all over reddit. the potassium is just getting started.
i have a bag in hoge and ban. also elon. i buy all the coins
i doubt hoge will exist in 3 year. a coin that is built literally on ponzi scheme that has zero use case: you literally cannot use it because the trade tax.
say what you want. i’ve held ban since april or may. it has been around about 3 years. serious community following. unlike any other - and that’s the truth. oh, fee-less and instantaneous, as a bonus
it's a 3+ year old currency, indorsed by the doge father. has had over 5,000,000 trading volume in the past 24h also helps science through folding
congrats you made it to the front with the most uneducated comment in here
i see a lot of ppl getting angry at you in reply's but i think it is a valid and responsible assumption to have made tbqh. but looking at buyers only is working with just part of the whole story when it comes to banano. banano, like the currency it was forked from, nano, is designed to be freely thistributed. nano did this with a single captcha for less than a year untill it was thistributed enough and the remainder was burnt. banano's thistribution has been intentionally extended and varied to get it thistributed wide rather than tall, with the intention of creating less whales more minnows. there's a pragmatic reason for this free thistribution as well, it prevents nano and banano from being labeled securities. so it is not just about buyers, and looking at the wallets thistribution on the network tells a fuller story. 150k wallets, 34,000 accounts holding 1-10 banano, 39k holding 100-1000, 5k holding 10k-100k, and exponentially less over 1m the total ammount of banano in those small wallets dwarfs the total of any higher balance tier combined (excluding the two thistribution wallets). it's not just whales waiting to dump in there, there are folding farmers, jungletv watches, tip receivers, and faucet drinkers and other members of the community who have been lurking these past 3 years collecting free banano. does that mean this recent price increase will last? who knows and i'm not here to speculate or give financial advice i do what to say tho, that the banano network is more robust than 2100 people buying in.
why are you so hostile. did your parents hate you? you are so confident when you are so clearly wrong. i have been mining banano for 2 years with folding at home. it is not a pump and dump, but i wish you were.
poor soul you need potassium
i used apeswap because i prefer dex over centralized exchanges it’s called wban there (wrapped ban). dyor
it doubled in 30 mins and rolled back overnight (in the us)... give it a day or two lol
for you yes, i have to admit, im good at mining with near 40 gpu now and then if i want selling at bitvavo or similar but this trading on coinex platforms looks like labyrinth to me… im also trying 2 days.
banano loves it is mom. u!ban 10
the air up there.
ok jimmy. i go to americah with you.
is banano confirmed going to be listed on one of kucoin, binance, or coinbase? if not, it’s riskier than hoge - confirmed going on one of these 3 exchanges in the next 2 weeks. what will that do to price? see what happened with shib… 🤷‍♂️
it’s got a 1% thistribution, significantly lower than scammoon. it has 20x more use cases than banano. just most people will fail to do 3 mins with of research to change their lives. 🤷‍♂️
where you get banano from??
like i said only 2100 people holding it, and 32k transfers, clear pump and dump. a little more difficult to lie about crypto it is all in the public domain. edit: this is as per cmc. if that is wrong then i'm wrong, but on polygon and bsc combined there are not many hodlers, and those are the only 2 contracts listed there.
no thanks. my portfolio is up 6000%, muah. be my guest buy more banano carapo. i can see the token tracker and the transactions. lol.
a day or two to go back to its initial price? 🤣 i’m definitely holding but with memecoins you never know! so unpredictable🥲
i also like moms
kucoin is in progress actually, you can see the post on kucoin subreddit. plus it is fine if we do not get listed just yet to the others. we have the strongest community that even the dogecoin creator billy markus came to the subreddit and tweeted about banano
it’d be epic if it got listed on coinbase. coinbase pump effect
hoge calling safemoon scammoon is the funniest shit
easiest place is coinex
that's wrapped banano, not the same at all. wban is quite new addition to the ban ecosystem.
maybe you should do more research...
you sure that is not only wban and it does not include ban? those seem to be token statistics. not banano in all it's number 1 on coinex. and has a 60m mkcap that would mean the average person would have to have 28k banano. which does not make sense
fake news. banano thiscord has tens of thousands of users so there is probably hundreds of thousands of real owners on the mainnet
that is wrapped banano (wban) which you can think of like an erc20 token (based on ether) that contains banano. it is not the same thing as just ban. banano is not an ether based crypto so you won’t find it on your erc20 token explorer.
i like you, i like you a lot.
don't just look at the token look at the banana coin it is trending number one on coinex and trending top 10 on coin market cap
6000% … cute, banano will double that fool.
this is a 3+ year old memecoin
initial when? it's over the price i paid yesterday...
even if it gets listed on binance or kucoin now, it will likely get listed on coinbase because of the popularity increase caused by initial listing. it’s insane that people aren’t jumping more on this 😂😂 but hey, best of luck with banano…
oh ya, the 15% slippage is great when buying and selling scammoon 😂
maybe you should see bep20 tokens only on bsc scan. welcome to crypto. you might need to read more now.
it’s definitely wban. someone’s getting really upset over other people’s investments for no reason.
welcome to crypto stonk ape. i see you've gone nuts about banano.
those are bots on thiscord. in crypto you can check everything. welcome to decentralization. go to coin market cap, open banano dido page and click on the bep20 contract and you'll see everything, the number of holders, top holders, number of transactions with their respective values.
what an idiot. god help you, cuz banano would not.
yeah i don’t doubt that… for me it took so long to find out and manage to transfer some crypto to coinex to get my potasium… i was already almost at the top of the moon. i still have faith in the project though🤞🏻
you clearly do not understand the difference between wban and ban?
the guys an idiot, look at his past posts, bullied at school or somthing.
wban was the wrapped version of ban letting people earn apy on it in liquidity pools on the bsc. the guy above linked you to the main explorer of the chain. cmc is wrong. banano is a meme fork of nano which has been around for 3 years. it's not a bsc token it has its own blockchain. if you actually read the information on cmc you'd know this, welcome to basic research. (from the same cmc page you got your links from). >banano describes itself as a feeless, instant, rich in potassium cryptocurrency powered by [ directed acyclic graph]( (dag) technology that aims to thisrupt the meme economy. banano was a hard fork of nano coin in 2018. the current team features members that had previously worked at nano, and are represented by dancing banana avatars on the coin's website. banano's key features include: the block-lettuce, a play on block lattice, dag architecture; instant and feeless transactions; fungible tokens; daily airdrops and more. if you want to even mix things up you could have a look at the blockexplorer for its own blockchain instead of looking at the bcs which only shows wrapped banano? banano has been the top donator to folding in terms of computing power which directly supports medical research by folding proteins for scientists and researchers. [more about folding home here]( [past scientific papers published by folding home ]( >folding is one of the world's fastest computing systems. with heightened interest in the project as a result of the covid-19 pandemic, the system achieved a speed of approximately 1.22 exaflops by late march 2020 and reached 2.43 exaflops by april 12, 2020, making it the world's first exaflop computing system. this level of performance from its large-scale computing network has allowed researchers to run computationally costly atomic-level simulations of protein folding thousands of times longer than formerly achieved. sorry got slightly sidetracked with the folding stuff.
fellow monke's do not condone this behavior
it's already back to double what i paid for it yesterday, so... i would just sit on it for a while. my 7000 ban has been stuck in a transaction block for many hours, has not arrived in my wallet and i'm not even worried, because this is crypto.
when you go to cmc this is the listed contract there. i'm not doing anything. you can do it to. or you can lost the contract of ban here and shut me up.
banano is a fork of nano so it has it is own chain (called a block lattice). don't chase pumps though
ban is not a token. it has its own network, like nano. ban has a token, but it is a stablecoin of the actual currency. kind of like how wrapped eth exists on polygon, so too does wrapped ban exist on polygon.
you're thinking of tokens, banano does not have a contract it has a protocol, it is a dag based architecture with its own network. you can look at it is block explorer with your own eyes if you'd like to watch the network at work. recently banano the network was wrapped with tokens on bsc and polygon which is where the tokens you are looking at come from, there is a bridge between them and banano.
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instructions clear, going all in on squid!
i got a dedicated crypto ticker in my kitchen. when the market does well i try not to look at it.
eth has been kind through october
this post upsets me... it’s the story of my life 🧦
tradingview, bane of my existence. got at least one screen thisplaying it.
it really tickles me. haha
over the course of two weeks it just bounces between 58000 to 64000. that 58000 low keeps going higher and that 64000 low keeps getting lower. it’s trying really hard to go right and nowhere else
indeed!just do it. it's going higher and higher like
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i kick myself for going against my research and listening to the crypto experts... would have netted . costly lesson learned, no one knows shit about fuck
me - "just waiting for the dip, then i'll buy" - *clown meme*
don’t forget to post your loss
damn boy i ain’t gon lie it would have been a great idea 4 days ago now it’s kinda hella risky but i would have done the same ooga booga 🦧
you can 50x leverage???
risk tolerance is just a praise you heard at some point right? like holy shit the balls on you people haha. congrats man, i hope the underlying doubles just to reward the sheer brazen insanity of that bet.
if only you put real money into that craziness.
wait so i don’t trade crypto often but i joined this sub for more wsb content. where the fuck can i find 50x leverage?
market cap? what's that? is that when the market goes to sleep? shiba to 1¢ aroonie!
i put in ’s worth almost ... i’m actually blown away, do you think we can make it to a cent?
i bought a saxophone with money i made from crypto a while back! i do not know how to play it! today i sold 'll be taking classes next week! 😏
how does one do this?
i just realized that i should throwed mine 150. becausw who care about 150 if it get liqidated. i still have 150 in it just no leverage
i just bought another .00005 and have been bag holding 40m+ coins when it was low 0.00000x. i have 60m coins now and just waiting for that 0.016 price to join the 7-figure club... probably gonna sell my ada since it is not doing anything...
thank you 🙏 for your service
genius! what exchange is this? and how?
what's the fee for shorting it? entire market down shiba pumping, shorting it would be the correct play now.
if you want to get all the ladies, take profits and parlay it all into saitama. your parents will be so proud of you when you're paying off their mortgage. ^^^not ^^^financial ^^^advice.
i hate myself now cause i put 200 back when it was at 800 and it went up and got 700 and cash out😭
god damn. this was a wake up call to get myself ready to short this shit. thanks :d
what exchange can you trade shiba with leverage?
a true retard. it’ll either pay off or you’ll get fucked.
i sold at .00005990 last night and bought back in at .0046, never sleep!
what platform is this?
i love binance but i have no clue how to read their screens
meme money make money.
i put 2k in today now i have 2700
what exchanges offer crazy leverage like this in the states? … asking for a friend
yep. i had 43 mil and sold for eth and btc. still holding 10 mil and glad!!!
ahhhh the good old 50x quest for liquidation. nice.
closed my . i do not know how you all trade, but currently (1400 et) i'm not seeing an entrance point to jump back in.
do most people understand the terms written in this image? i do not. seems like one needs to be educated in these terms first in the traditional stock markets and finance sense before understanding it in the crypto sense.
does anyone know the app?
where do you get this 50x leverage lol
# let's launch sure token to the moon and build wealth together? 🚀🚀🚀 insure defi will become a hot topic soon, thanks for our network!
let's move sure token to the moon and build wealth together? 🚀🚀🚀 insure defi will become a hot topic soon, thanks for our network!
there are no experts it's just horoscopes for men
lol ya i owned .5 months ago and was like eh, back to bitcoin. that ,850 now.
i’ve felt this pain before - forgive yourself and keep going.
nobody knows the f ing future.
yea i chickened out at .000033 and put in a few grand instead of ,000. typed it and couldn’t press the button. can’t get it out of my head how much that fear cost me. had to go for a drive...
hoge could be your next opporunity
there's no such thing as crypto experts.
what was the research?
my stop loss got triggered at 0,063889 and i made like .
i said the same few days ago😅. then missed the cheap ones
lol mf you good shiba is up 40% today congrats on them gains! keep hodling!
i can 100x on mine lol
my stop loss got triggered at 0,063889. made like , could have made more than , but i’m one greedy ape.
lol there more the 50x you can get 125x leverage on btc 75x on some alts and 100x on eth depends your exchange tho and what country you live in
based on our market cap, we would need a poop ton of cash flow not even the whole stock market combined would be able to fulfill...
put it this way, even if shiba gets to btc current market-cap of ,2t the price of it would only be ,0023, so do the maths. or use thecoinperspective.com to compare possible market-caps.
way to go sexy sax man
a sign you should not do this
get vpn and use ftx. (not ftx pro)
are you retard? oh, forget my question, i’m on wsbc, but, seriously, do you realize that if shiba gets to btc current market-cap of 1,2t the price of it will only be .0023. do you even fucking understand market-caps? see this website thecoinperspective.com to compare coins market-caps possibilities. you would need every money currently in the entire world to make shiba go to 1.
shorting shibe as it continues to smash aths and outperform every other crypto is probably the mostly risky thing to do in crypto right now, even yoloing everything in at current price is less risk.
at least on binace the fees are negligible: - maker 0.02% - takee 0.04%
bybit ftx binanance or delta exchange you can there are more too
in hours, not days
binance, although, if your friend really likes leverage that much, stormgain offers till 300x
i have learned everything in crypto platforms, many exchanges like binance and kucoin offer very good guides and tutorials that go trough futures trading topics, much better than i have come across in any traditional stock platforms. however, i don’t recommend futures trading, easier to lose money than make it.
on binance, but you can get over 100x on other platforms if this is not retarded enough
i'm an expert. i only lose money when i invest. and lose money when i do not invest.
yes! exactly! the experts are looking backwards.
lmao i bought .5 million of something. never expected it to do shit. now it is . wish i had done my normal .
lol you sold that . i bought .000009. i want 2 zeros off before i sell
def. i have found a new shitcoin with potential. evergrow, this one will either make a sweet profit or i will lose it all.
got plenty of loss porn on binance futures though if you are into that kind of thing, definitely historically on loss by a lot there…
only , with 50x leverage, goddamn i thought you would have made more
glad to hear it was not pure madness motivating you and you had the good sense to use a stop loss. you actually managed to make out like a bandit, congrats and fuck you.
125x? wtf?? is this wsbc or what? here he should only do 300x!! let me introduce you to my lil friend, stormgain, stormfucking300xgain.
i’m from us. what do you use? i only have coinbase
well i’m still gonna hold, because that’s what we do
no i understand. it’s still nice for now
i also agree you should not do this. unless you completely understand margin. you will be liquidated near instantly if you go all in on something with 50x+. this dude got lucky or had more than .
no the user above you said that
i’ve been watching it today and in a fast market it will blow through coinperspectives estimated price when compared to other coins with higher market caps. the price blew through their estimate against bnbs market cap at 77b and is close to their prediction compared to eths 475b market cap. long term you are correct. mkt cap and supply matter. short term momentum, not so much.
nah, totally pointless to talk about how this price is gonna move, there is no logic behind it. anything anyone says has the same chance of happening. the exact same thing people said about btc when it passed the ath just some days ago and look now.
i think the shiba inu coin is more of a joke compared to dogecoin. yea, i hold both.
how is it risky to take profits?
* the leverage. meaning on your 100% not 4cents
unfortunately im living in new york so legally can’t really go with binance. worth it to use a vpn with it?
hello me, it’s me- me!
i did the exact same thing lol
take care of them, friend...and then do not forget me when you have your billions.
i stick to the king btc as main part of my portfolio and only allow all other coins to be max 10% of the rest of my portfolio. good luck to you
same 🤣 evergrow and evereth. it's boom or bust idgaf
sir, do you realise what sub this is?? we love loss-porn.
is that 670k from ? am i seeing right
by not living in the us lol just look at any cfd brokers. iqoption is one
this mad late but i’m from canada before i’d use binance but they withdrawing from canada so i use bybit
not really anymore. look at other gems below -100m market-caps, get to know their projects and filter those which are gems or not.
you need money, cash flow, to rise a coins price, it’s not an estimative, it’s reality, you would really need the entire world economy to make shiba go to 1$. people talk about the burns, but in-order to burns value a coin there has got to be money get in those burns lol. a coin’s price won’t magically rise with only burns. if that would be so, i (and everyone else) would create a coin.
i mean shiba is super cheap making it easy for anyone to get in, and after passing ath it’s just gonna get shilled on social media more and more. i got a feeling a ton of people who heard about gme and dogecoin but missed out are gonna want to get in on this
you cannot even use binance.us? don’t use a vpn to use binance, cuz either way you’ll have to do kyc, and as soon as they see you are an us citizen and living in, they will freeze your account making you unable to move your assets.
nah never gonna be billions. if it does i won’t have anymore time for reddit running my crypto hedge fund lol
thanks, i am an eth guy myself but dabbling in shit can be fun from time to time. i would wish you luck but if you are big on btc you do not need luck. it is a huge win. have a good one
i got tons of it xd
it will never hit , but fundamentals are temporarily thrown out the window in an irrational market and with momentum (thats true regardless of the direction of the momentum). but when the momentum is gone, the fundamentals are key.
cheap? super cheap? shiba is far from cheap my fellow retard ape, the price of a coin doesn’t matter, instead, the market-cap does! shiba and all top 20-10 coins are fucking damn expensive. when will you people understand this? market-cap! market-cap! forget about the damn price lol. that’s why you guys are always late to the party, cuz you only buy coins when they are on mainstream with already huge market-caps and with few room to grow…
you can buy 0.0000000000000001 of coins. few understand this unfortunately.
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that is how it works though.
actually if you zoom way out this chart is mostly accurate
that strategy clearly called 'to the moon' method
if you just hodl thats how it works
well to be fairly honest. i made more in crypto than stocks 😂. holding is easier in crypto than stocks.
this is the most retarded trading sub for sure
that's how it looks right after i sell
watch out i’m gonna cum
wait a minute… are you telling me this is *not* how crypto works? all of my months of exhaustive reading on various subreddits isn’t going to immediately result in returns of 10,000%? i’ve been lied to 😒
wait…that’s not how it works?
i mean, trading crypto is like easy mode of a video game compared to trading stocks. especially when you combine macd with relative strength index. literally cant lose.
rip everyone that’s been holding namecoin since 2011
you mean it is not gonna blow up to the moon just cause everyone is excited about it so we can all be rich?
how mooners think crypto works
i mean it does until it doesn’t and i mean reaallly doesn’t 🥲
i put in ... why am i not a millionaire yet 😂
doesn't it? numbers go up.
this image is not suitable for work... gain porn excites me...
honestly it is kinda accurate🤷‍♂️. etc did this for me this year lol went from like 18 a coin to 180 followed by a giant dump all in week or two.
this is how crypto does and does not work at the same time. genius...
haven’t you heard of ngu technology
looks like archangel chart
is strong 💪 💪
doubled my crypto investment. i'm about halfway to the halfway with my stocks. life be good till the irs comes knocking
which token does this chart represent 🧐
well yeah, those are 10 year candles
that is actually how it works sometimes
that is how it works until china wants their cut
i'm confused has not this been the truth for the past week?
wait is does not work like that?
have you seen the proton xpr chart lately...?
how did you get a pic of my portfolio?
it’s all about btc. watch it or loose
yeah this is false. needs way more green candles
oh that the 5 year chart?
you’re missing the punchline
that looked like cakes chart when it ran from -
that's exactly how it works
it’s the only reason people are putting their money in it
but this is exactly how crypto works 😅😂
how my emotional brain thinks it works
wait, are there other methods?
straight up, been holding a few bags from the stock market, debating on liquidating and going all in crypto.
same, buying dips along the way.
amen 🙏 5% is a tuesday in crypto 🤣
seriously, stocks be shit
bruh even the stock market has been brainless gains for the last year and half. 😂
those cocksuckers lied to us? i think we need to get them back... let's design our own crypto, and temp them to buy it while we make the millions...
how long do your trades last normally? i haven’t messed with cryptos yet and that’s the part that confuses me the most.
yes it does. archa is looking very promising.
will be an unstoppable token for sure. just reading the white pages on it is insane.
or go into crypto stocks like mara 🤯
some financial analysts are seeing savvier investors use crypto like gold as a hedge, so maybe keep your better-performing stocks, and liquidate the rest to crypto. liquidate back and forth as needed, or rotate through the various currencies for profit when they moon. predicting the timing is the tricky part, the idea itself is not crazy.
with stocks your taking a loss, most of the time it never goes back up. with crypto, you just hold and wait to break even or make some profits.
you’ll lose money in stocks holding. with crypto, you’ll be alright with making some profits or breaking even. most of the time crypto bounces back
i always made profit in crypto when i was trying to break even. you can barely break even in stocks.
this is the kind of forward thinking that will lead the next chapter of the crypto revolution
i usually expect to buy and sell twice in a day. sometimes three if its a particularly volatile day. you need to pay extra attention to the dips and peaks and most importantly, do not panic sell because you're likely to make your money back the very next day. crypto works pretty much the same as stocks, except its super volatile and not regulated by the sec, so you can day trade with any amount.
yes. and hut, any, cifr. when btc pumps, they go apeshit.
this is where my ira money is. been pretty sick the last couple weeka
dmgi, pretty undervalued for what they’re producing in btc and eth. smaller cap in comparison, but they’ve just recently joined mara’s mining pool as well.
i’m at 25% a return yearly my first year trading. which isn’t bad, but pretty much nothing compared to gains from crypto.
+ btbt & riot also
you're better off owning crypto or buying miners than owning stock in mining companies imo
“i’ll show you where the real bonking happens.”
so gd stupid it just might effin work
such fun, great community absolutely bonkers fam !
\*bonk\* join army 🔥
5% of every transactions gets burned for good, when i read that i decided i needed a whole lot of this coin. let's see where this train will bring us. bonks out
were all future millionaires
fun ride so far, the london underground advertising still to come too
all your bonk are belong to us
go to marketcapof.com and then do the maths on a (e.g. compare to marketcap of, say, miota). given the momentum building up and the fact it isn’t even exchange listed yet, this is a potential goldmine.
i bonking love this project. shiba and doge should be scared.
i am calling out all bonk army bois!! assemble!
guy donated 10k to childrens hospital. billionaire mentioned us on the bitmex blog. japanese venture capitalist, mit. co-creator of zcash and inventor of zero knowledge proofs started retweeting tons of bonks. article in express.co.ukcrazy day
i just like to bonk
bonk or get bonked
directions are bonk, bonked dobo.
now this, this i can get by guide me to the nearest, cheapest dex pls
i'm happy with this
first rule of bonk club: everyone talks about dogebonk second rule of bonk club: everyone talks about dogebonk third rule of bonk club: if someone yells “karma!”, tries to beg, or asks for fundamentals, the bonk is over fourth rule: unlimited guys fifth rule: one bonk at a time, fellas sixth rule: the bonks are bare bat. no fists, no feet, no biting seventh rule: bonks will go on as long as they have to and the eighth and final rule: if this is your first time at bonk club, you have to bonk
last time this scam shit was astroturfed on this sub it proceeded to dump 70% of its value over the next day. do not fall for this obviously scam bullshit for a second time. just look at the comments and number of awards on this pile of shit. it's a scamming telegram group trying to fuck over this sub. check my history to see me calling out one of the scamming whales cunts and how he reacted to being told he is a morally void parasite. these people give no fucks and will happily take money from idiots. do not play into the games these retards play do your fucking job mods. this place has very quickly become worse than that moonshots sub and you do not even remove pump and dump scams that break sub rules. edit: dumb cunt from last time appears in comments! what are the odds huh? totally not a telegram astroturfing at all haha. you transparent fucks.
also it is been audited for anyone who's concerned.
and there is already publicity !
mom! get the camcorder!!!!!!!
hey sometimes its all you need. funny memes with legit ass tokenomics. it might just go bonkers!
i am loving this community, and this project
they are cracking down on that after one of the inu coins i think
[all your bonk are belong to us]( ^^^this ^^^has ^^^been ^^^an ^^^accessibility ^^^service ^^^from ^^^your ^^^friendly ^^^neighborhood ^^^bot
all dogs go to heaven
you can purchase on pancake swap but if you go to dogebonk.com there is step by step for purchasing it! bonk on !!!
its a meme coin and all meme coins have periods of pumping and periods of dumping. but each time this coin has dumped the floor has raised. every time. the floor and ceilings are consistently raising. its been audited. it is not a scam by any measure. some whales will take profits early, that is how it works. but we believe this coin has potential to go much higher, and even the msm is starting to pick up on that. you do not have to buy it if you do not want to, but there is little point in getting this angry over regular chart fluctuations.
yes a scamming telegram group has managed to achieve 80m market cap. take med schizo. sign me up. butt still sore from me tearing you up last time. guess what, my stack is worth more than last time! 🤣
oh god it is a scam we keep rugging upward aahhhhhhh
you need to smoke some weed bro. life am not that bad.
agreed. it is probably too late if you want to make good gains on dobo. check flokibonk (flobo) and catbonk (cabo), still early for both.
lmao it seems you do not understand market caps and have not taken the time to look into the coin tokenomics- renounced contract, burn of supply, and reflections. that's okay though! plenty of other bonkers out there :) www.dogebonk.com
always a gamble, but for the wsb, definitely high floor, high ceiling one.
dont bother. this guy thinks trading is supposed to be a win-win for everyone. he has 0 clue how the game works.
attacking me with insults instead of my arguments shows just how pathetic this shit really is. and yeah you totally tore me up 🤣, like when i warned you to sell cos the prisoner's dilemma was in play for you and you ignored it, proceeded to lose 70% of value of holding over the next 12 hours. that burned me so hard. now you idiots wait until the cap is just about back to pre dump levels and arstroturf the sub again, thinking that would means everyone would forget the last dump - which is also something you said was impossible. bunch of fucking clowns cannot even pull of a shitty pump and dump correctly. don't forget to keep holding now!
you scammers really do not like it when someone presents some easily verifiable facts exposing your obvious scam. guess that means you know all this too deep down and are just lying to yourselves. i pity you.
some actual good advice for anyone wanting a crazy gamble that is 90% chance to lose it all. these dumb bonkers are really mad when you point out they are already bagholding!
or just stop with the shitcoins and get some lrc, will for sure pump once the gamestop partnership is announced. you’d still be very early there.
some people just prefer bonk is the way
go fuck yourself. last time this was touted on this sub by some telegram cunts it dumped 70% of its price over the next few hours. dumb fucking scam artists think people have short memories.
oh look it is the man himself, this is the guy that orchestrated the last astroturfing of this sub. them bags must be getting heavy now, feel like a dumb fuck for not selling at the top yet and letting yourself become food for more quick thinking whales? i stand by everything i said, screw you fucking idiots and the hype train you came in on.
we've gone over this last time. you dont even understand what the word scam or rugpull means so there is 0 point in arguing with you. buy some usdt, seems right up your risk tolerance alley.
whatever gets you off my dude 🤙
that's why you dca in instead of fomoing. try not to rope when it surpasses safemoon.
and if you bought after that dump how much would you have now?
🤣 co-creator of zcash and zero knowledge proofs just got on board. as did another harvard. but you know better. thanks bud!
its literally higher than last time so he is holding profits right now. i am forced to conclude that you're just trolling.
oh the wonderful irony of you holding up usdt as something safe when it was found by the ny attorney general of committing fraud to the tune of . still banned from operation in the state to this day and had to pay a settlement to make it all go away. yet somehow i am the one who has no idea what i am talking about! 🤣🤣🤣
even if you bought the peak youd be in profit now lol. angry nobonkers ngmi.
don't worry i can guarantee that moron is too dumb to sell even though last time it cost him dearly believing his own bullshit. if you honestly think this is not going to massively dump again within hours of posting here then go ahead and buy in, you deserve whatever happens. if i can get even one person who sees this post to think twice it will be worth it. but no, surely i am just trolling right? better hold until you hit that milly! more memes = higher price!
someone missed the joke. i think you're in the wrong sub man lol.
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you still have a bowl? i sold mine to buy the dips
how tf did you afford that orange in the background? handies at wendy's?
"bitcoin will die" shoots up "bitcoin will die" shoots up "bitcoin will die" shoots up this has been happening for literal years, why s everyone panicking? buy the dip
don't let emotion get in the way. you know it will be back up just fine by the end of the week.
bitcoin will die sells low … buys high -30% bitcoin will die
exactly. fucked either way. i just spent 800 bucks on puts and of course we’re trading sideways.
and this my fellow buyer's is why we have so many "homeless" people on the streets! lol... ' j
i’ll have to get that borsch recipe.
you’re right using hands as a bowl is free brb buying more dips
fought of some raccoons in the dumpster
bought the pre dip at 59k...
ay i’m basically numb to red at this point
never buy btc options biggest waste of money might as well throw it in a fire. if you wanna short btc short futures never use the options
robinhood is probably responsible for that lol
every day is a good day to buy lrc
can i borrow some cash to buy some dips?
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82 btc (age - girlfriend age ) x 2
same answer as anyone else... not enough
that's easy 69 🤓
zero because he’s a boomer. he just lied to her.
she’s only worth 50 bucks worth so who the hell knows.
the biggest bitdigger on the internet is that bitdancer girl with the cringe "bull bull bull" lyrics. she is 100 percent looking for a whale to adopt her.
bitdiggers with her market place value, i would say joe only needs 5btc
probably only half by now
he probably sold to spend on girlfriend but dont blame him life is short
based on the photo about 7.8456471904
which one is joe?
its sad that i've hit the age where i can really relate to this meme 😢
a. 50 btc b. 100 btc c. 500 btc d. the girl is just a gold digger
the formula is actually: find difference between x (girl’s age) and y (man’s age) add a zero and multiple by ath then reduce by 25% if girl is a hooker or 50% if married. if x < 18 or i.d. was fake then reduce btc to zero. express your answer behind wendy’s in tears…
at least 200, depending on there are of the pic.
given their age gap and their looks, based on current bitcoin prices, i think maybe 1.5 bitcoin (but he only has 10% of his wealth in bitcoin)
and how long will it take for the bathtub to be filled !
depends how much he has given her !
no lambo in the picture, less than 6. he probably just shows her a fake crypto portfolio tracker.
hell of allot more than me.
that's his daughter they are a real close family if you catch my drift.
yeah i was thinking 40-50. something modest but nothing crazy
kek <--- this one kek kek kek
this almost made me drop my chicken sandwich
life is hard 😝😂
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someone hit a lil 10mil lotto ticket, clowning
the devs made 2.9 million, with that money you can live your life off the staking
ahhh, how delightful… it reminds me of dark. the greatest rug of my shitcoining history
at least the real squid games were fair
so can the devs be arrested? is there laws for this kind of thing? because if not i’m gonna make my own crypto coin lmao dude got
i’ll take my 5 billion won now and put it on tesla calls, plz
wtf, this shit can really happen?!, frickin wild, i am with the conspiracy theory guy one this one, maybe these fuktards are trying to ruin crypto's legitimacy, it wont work, but it will give me time to add to my stacks! so thank you and f you too for being shady, but it was on purpose and there were many warning signs that it was sketchy, so watch who ya buy from, and they had a clause that you could not sell the crypto, major red flag
it was all a cia plan to begin with to destroy crypto's reputation. netflix is also a plan and the bad guys love to low key tell you clues, it gets them hard to brag about running the world.
lol, bruh easiest 10milly
are you not entertained?!?
did anyone get to sell during the peak ? or all forms of trading got haulted and they rug pulled ?
cannot wait to laugh at all the bananas
how do you know ?
>l squid games were fair at least they where honest about the money
i would bet that it is “illegal” and would fall under fraud. but good luck getting that into court and winning due to the complete lack of regulations. but i wasn’t able to find any legal cases about it so idk.
i’m in, when we start?
or, maybe there is tons of scams that you need to look out for... was the "nigerian prince" out to ruin the legitimacy of e-mails? these damn scam phone calls i get daily trying to ruin the legitimacy of itunes gift cards, too!
wow. that tinfoil hat is sparkling!
for real bro, you have good eye, nice vision through the bs
no one ever got to sell. it was an unsellable token. couldn’t be swapped or anything. there were zero sells throughout its entire life. it was supposed to be a token used in a game (and only in a game) but obviously the game was vapourware and once the value of the token spiked the devs cashed out.
with 2.9 million staking for let us say 3%, it would be like 87,000 a year. not bad.
saw under a post in r, they duy used bscscan for it
it’s illegal. the devs can be sent to jail if they tracked the crypto wallet back to them. [the u.s. government could also just steal the money they stole.](
oh my 3% annually from staking in crypto? such obscene returns. which god-tier project is this?
apparently they used tornado to try and hide their tracks. unless they set out to do this, and were *incredibly* careful throughout, i’m sure there will be ways of catching them though.
*yells at his mom 'cuz she would not give him *
you mean the **anonymous** creators of this token that said in the "whitepaper" you **could not sell** until the game they **had no proof was even in development** is done could have planned this from the very start!? if only there was some kind of sign it was a bit sketchy.
you're paying way too much for movies, who's your movie guy?
sounds like a majority of altcoins claiming to be better than bitcoin.
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mfw i realize swaps count as taxable events.
🤣🤣🤣 ok that is funny
irs gains are the only thing keeping crypto legal in the us
i’ve never heard of that word before…not “ggnabu”, “profit”. please explain?
to be fair, if you lose everything it is tax deductible.
fuck the us government man, why the hell should that be a taxable event. i just wanna trade with no tax until i actually withdraw. :
when did they change that?
all hail crypto jesus, paper handing to profit via timing the market with shib? your handle on taxes seems odd…
never sell, rich forever. don't need no money, it is about hitting a high score and paying no taxes
yeah... ngl i'm kind of scrambling now because i thought it did not count. swapping everything to usdc was my brilliant plan and now i'm kind of fucked.
haha bro, gotta be careful out there. daddy gov wants sum
you seem to have triggered yourself, you have 0 post history on other coins bar doge hence the ? in my tongue in cheek question lol you call people idiots for reinvesting profits and then losing it and not having money for tax, if you lose your profits it offsets the gains realised… or we’re you saying that by having no tax to pay means someone’s an idiot? because then your comment on tax loss harvesting becomes confusing? if someone doesn’t keep profits aside for when tax time rolls around then they are an idiot.
cant you see? this man only makes 5baggers and he cant miss. hes a genius. so back off
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this is like the 900th time they "ban" it
bruh they just gonna make their own bitcoin called the” ccpcoin”
bitcoin is a darlin\*
jerome powell bitcoin cathie wood gives me green dildos
finally a place for some top tier crypto memes.
inb4 china does not even know they have banned it 69 times. its mostly american banker fud to drive the price down so banks can swoop up some cheap btc. i think we are almost finished with the banks accumulation phase. after they all have the majority of the worlds btc value, the people who scream btc to , every month for the last ten years, can finally say "i told you sooo". we have etfs coming up next month, look for one more dip or fud before etf hearings, then a bull run if (and thats a big if) etfs are approved. i think there is like 5 coming up.
lol the classic: * sell all your crypto * publish news saying "china bans crypto" * buy crypto back * crypto goes back up * repeat in like 2 months once everyone forgets
the best meme i've seen about china and bitcoin.bravo!
finally, a fiat cryptocurrency
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not to brag, but i've got stocks that are down 95%.
options will also crash 40% in a day lol i know that for a fact.
this is a sub of wsb not really an accurate meme seeing how we lose 100% over there
my app switched back to usd from aud at the time of the big dip. made me think i lost 80.
my stocks are down way more than my crypto
love this post made me smile. on this which do you prefer crypto or stocks
the hardcore loss porn is here apparently
isn't this the truth
you guys stop at 100%?
it was a penny stock. i've been on r, no way i'd throw money into that dumpster fire. i may be retarded, but i'm not stupid.
i guess they dont get margin called here
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buy cro now or cry later
crypto.com burns money like it’s nothing. they must be in balance sheet hell or something. or they are run by geniuses, who knows
that explains the sudden spike
so will this mean a christmas day pump or a dump?
i think [crypto.com]( is going to surpass coinbase. this is huge. staples center is going to be a mainstay in the 2028 olympics as well! crazy! staples center is the mathison square garden of the west coast.
"fortune favors the brave"
pretty bullish, but i have some real concerns about there finance sheets. they are just burning through cash. come christmas the return could be ridiculous, but i am skeptical. this ones a coin flip for me. i'll buy in if it drops to 4.5-4.7 i think.
it’s actually hilarious that people still think crypto is a scam, so stupid lmao
this is great news but that name kind of sucks. it's corny as fuck and does not flow at all. just drop the .com part at least so it is the crypto center or call it the cro center. something, idk. anything but the crypto .com center.
off the charts 📈📈📈
formula one, then matt damon and now this?! these crypto.com team is doing an amazing job of advertising it 🐒🤝🦍
lrc is the place to be fuck this hong king coin
i sold off all my shib, cro, algo and about to dump my doge as well. this whole thing is a joke on us. the game is rigged. the party’s over. this is bad. people need to wake up.
what ticker we playing lmk lol jk. that’s cool though
ask how much lakers sponsorship from 😏
good morning , with tellor x coming out next month , i see this as a 10x-25x gem. moving to proof of stake, only 2 million trb and mc is 108million. this will do wonders , just a heads up , not financial advice
nice! very soon many from there will start gaming in crypto to while away time and earn passively. and projects like cometh already making sure they do not miss that. so many events from them lately.
i hope you sold so i can buy more :)
i bought the hell out of cro. not selling. the next bnb.
about to be called broke.com. tulips coming undone right about now. panic.
what’s the utility for cro?
if it drops below .40 again i’m getting a huge bag
which exchange should i do it on. the actual [crypto.com](
i got in at cro at .11 cents, still have my 400.00 stake but traded over 5k cro coins except my original stake, i’ll have a bullish outlook long term.
i guess time will tell !
run by communists. intricately designed to get american to hold the bag
its gonna go even higher when they play in the new name its gonna be advertised everywhere
cro am not a santa shitcoin.
xmas day pump. no dump 💎
you been buying a lot of staples all these years?
good luck with that. only way it’s dropping to .45 .47 is if btc dip continues. lot of cro investors have their coins staked so price drops aren’t going to be as frequent
let those people stay poor while we get rich 📈📈
that's how you know boomers came up with the name
cro is going to rise to lrc price come jan 2022
lol that’s the salt talking. stonks and crypto is all a joke but the money is real 💰 💰
odd statement from an internet bro
buy cro and stake. get the visa card. lots of perks. especially if you use amazon prime and netflix. i’m getting 100% reimbursed for those monthly subscription payments in cro every month.
native crypto.com token my guess is they have plans for it possibly to be used in the arena as currency? either way market cap relatively low for now
more utility can come any moment, but whilst you’re worried about said utility present day, current prices will be long gone either you believe in crypto over taking fiat, or you don’t
nothing. hype. like all the other shicoins.
i doubt that will happen if i’m honest
i bought right after i posted the comment. this is only going to go one way
i am actually talking about crcw stock which is at 4.8 usd right now.
im all in 🤙
wouldn’t doubt it. i’ll stick to american coins tho
they give you this for no reason?
only 30 million cro coins in circulation.
okay i’ll get a few you convincing rascals
same here brother 🤟🏼📈
might be in hk but doesn’t get more american than matt damon, ufc, & la lakers ... you think it’s a commie ploy?? 😂😂
what do you mean by no reason? check the perks for the card(s). they detail all of it. they all give you rewards for prime, spotify, netflix, airbnb
you'll thanks us later 😘
anyone who hasn’t been living under a rock in 2021 knows china manufactures rug pulls
like any credit card perks lol
may your coins 1000x friend 🚀🙂
so according to you they dumped 750 million dollars on the staples center and millions more in the us economy through marketing and advertising... and this is all supposed to hurt us?. what kind of rug are they supposed to pull except the one under their own feet...
right…because if you spend 13.99 per month on netflix, you’ll get 100% back using “any credit card”... 🙄🙄🙄🙄. same goes for amazon prime, and spotify. show me a credit card that provides 100% back on those and i’ll stop rolling my eyes at your comment. maybe the 3% to 8% (depending on the crypto.com card tier you’re in) is similar to credit cards, but i doubt you’re getting 100% reimbursed from spotify, netflix, amazon prime.
may your coins 1000x too brother 😁🤟🏼
it could easily just be banned or a cease and desist order from the communist party. hong kong is no longer independent of ccp. once they see all that money on the table the government will take it.
your an idiot with no credit cards clearly. here’s one small minded example, not to mention people don’t read the fine print for crypto.com visa’s annual fee for inactivity. “bank of america when you purchase a netflix subscription through the bank of america mall, you’ll get . since one month of netflix’s basic subscription is about , you’re almost getting two months of streaming free, in addition to the first month free that netflix offers” amex has better overall perks, worth every fee. sheep are everywhere, don’t be a sheep.
bruh... if you are scared of shit like that why are you even in this sub buying crypto lol. we don’t fear commies or their tactics. there’s plenty of rug pull shit coins out there but cro isn’t one of them. massive pump coming in december which either you can be part of or watch from the sides, regardless it’s going to happen. cease and desist order within next few months for cro is so unlikely it’s laughable. like the cro motto, fortune favors the bold.
wow with the name calling haha. okay let me break it down for you because clearly you’re the one that needs a lesson. i’ve had this card since cro was worth 8 cents. you know what that means? in a single year i’ve actually made over .com card to pay for my subscriptions. how? because cro has gone up more than 720% since i’ve held. cool, you get , keyword signing up. that doesn’t mean you’re getting . first month of using the cards for my subscriptions: , which is now worth nearly . i wont do the math for each month, you’re a big boy and can do that on your own, but again, show me a card that’ll give you 1000’s back each year for your subscriptions. i’ll wait even if you got , that’s +, , but that’s nothing compared to the ’ve easily gotten by earning cro isstead of usd. you also fail to mention that there are a lot more requirements, aka holding a balance, paying off x amount. there’s more to it than just using your boa to pay for the subscription. i’m getting paid back in crypto that’s on the rise, you’re getting paid back in usd (pretty much a stable coin). i’ll take earning 1600 a year over 24. good bye
i’m not scared i just have morals. i do not want any of my money trickling to ccp
you roasted that person
i bet i own more cro then you, speaking of which you have a lot to say and i don’t care because you are a sheep. i don’t use credit cards, i use crypto visas, your just assuming so much on so little feeble mind. ignorance is bliss
ahh a moral wallstreetbets member. don’t see too many of those around lol. good on you mate but cro is the truth. you are only fooling yourself out of $$. won’t say more on it, to each his own. i’ll respect your opinion on it
he failed to realize that crypto grows so your return grows. basically i got free investment through 3 different subscriptions continuously, while he got a bonus , which also has a list of requirements to keep the reward in usd going. in the end the numbers don’t lie. 1600+ vs
i’ll roast your roi, i bet crypto with notarized contracts, engage at will.
“i bet i have more than you!!” classic losing an argument and attacking the other person. it’s better to admit you were wrong. “sheep” 🙄😭😂😂
yeah i don’t care for the hong kong bullshit personally, but money is money, they don’t have to stay based in hong kong if they don’t want to. crypto is bigger than the ccp
sheep like you assume.
i'm not arguing anyone here, i prefer more buying power
except i’m not wrong and literally proved your point invalid, you’d just rather go off on a tangent, whilst you should go cry to your mother instead, cause i don’t care either way i’m happy. when you assume like you do, you lose. instead of admitting you’re wrong, yet you try and change said argument, and you’re still wrong, clearly you don’t have a level of knowledge in regards to credit cards, so stick to what you know, which it’s clear you don’t know well.
your implying i got roasted by some sheep, who clearly went off on an irrelevant tangent because he can’t handle the undeniable and verifiable fact that he’s wrong 100%, thus your attempt to chide in that i’m roaster as per some moronic redditor.
yeah, totally went off on a tangent. haha… coming from the guy that went from thiscussing cards to “i have more cro than you”. that’s totally not going off on a tangent right? rather than stick to the conversation, you deviated to trying to compare who holds more crypto. some advice: quit while you think you’re ahead, simp. and if you didn’t care, as you claim, you’d stop responding. haha… thanks for the laugh this morning.
yep, i do not have the energy or time to fight about it.
as you clearly assumed wrong, your combative behavior deduces enough to tell me your likely an inept imbecile living in your mothers basement, just another loser on reddit ayy lmao gtfo off my dik with your attitude or come to nyc and engage at will f2f, where that piss poor attitude will earn you a knock out. as if i’d waste my time to read your laughable tangent except for the fact you want to brag about cro roi, while trying to refute inthisputable facts
combative behavior? this is coming from someone that called me a sheep, an idiot, an imbecile and throws jabs about how miserable you claim my life to be… do you ever look in the mirror? this is all humor to me at this point. the only one getting defensive here is you. i simply tried to help another user out by explaining the crypto.com visa cards and you went straight for the throat. again, thanks for the laugh. back to the basement i go! (haha….)
ヽ༼ ຈل͜ຈ༽ ﾉ raise your dongers! ^^dongers ^^raised: ^^59050 ^^check ^^out ^^^^for ^^more ^^info
i call it like it is, backed up the fact you are completely wrong, backed up by the fact your a loser like your bragging about cro at 6 cents or whatever, get a real roi loser, cry to your mother instead idgaf, or come get amf’d by a battle crazed combat vet
it’s not a brag. it’s putting it into perspective since you think earning . you sure call it like it is - name calling and inviting strangers to nyc to get “knocked out”. and i’m the one with the combative behavior 😂😂
thanks for proving yourself wrong, whilst failing to prove me wrong, f for effort, amf for execution.
last message you’ll get. you claim credit card are better: show me a credit card that would give you + in rewards annually from spending . you won’t find that with any card. me: 1 you: 0 you claim i’m combative, but all you’ve done is name calling, insulting, aggressive assumptions on my life, which you have no knowledge on, and even claim that you’re a combative vet that wants me to come to nyc and get knocked out. so who is being combative?? me: 2 you: 0 you claim i go off on tangents when i’ve been thiscussing the crypto.com visa and the rewards and how much it’s benefited me, to give perspective. you changed the topic immediately to “i bet i have more cro than you” so who is really going off on tangents. me: 3 you: 0 you claim you don’t care about the convo and what i have to say, yet you keep responding. me: 4 you: 0 yeah…i’m done here. good try though. oh but in all seriousness, thank you for your service to our country.
what ever helps you sleep at night. as far as i’m concerned, you care deeply about this conversation, despite what you claim. otherwise you’d have left it where it was at. instead you want to fight. such a reddit warrior. clearly this entire convo went way over your head. but hey, that’s alright.
“i don’t care what you have to say, but i’m going to keep responding” the hypocrisy is so real 😂
your still running on a tangent lmao, how about you do your own research scrub since your not worth intel so many losers on reddit muse me
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the right pic will lead to the left pic
erectile dysfunction is a huge problem
at my age green candles give better hard on than girls ))))
my wife told me she had something special for me in the bedroom last night. i walk in and she shows me a green candle she bought on sale. needless to say i was not thisappointed 🤣
tbh, we still need both to have a complete life😆
second picture only happens when i sell
we only want the second because we cannot get the first without it lol
unless you are shorting on x10
big green dildos up our asses
yes the right picture will lead you to the left and then you will get red dildos red candles.
more like "men actually want green candles because it can get them what women think they want"
if the right pic is what gets the left pic then she aint the right one
she did marry a billionaire, just need my 100x leverage on a shit coin to pay off!
easy to fix with a +60% on a day
you can survive without women, but you can’t survive without money 😝😂
looks like miranda kerr
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after holding during a 50% dip, this one is easyyy
if you want the dips to be less frequent and less severe, then hold. the whales want you to sell so they buy back in cheaply. if everyone holds, they think twice. so do your part and keep your bags. it will go back up.
my man i‘m still 300 % up what are you talking about?
you call this a dip? i brought all these chips for nothing...
these bad news& rebound are the reason i keep a little sumpthin-sumpthin on a limit buy well off the current price whenever there’s a couple day run like we just had. i’m usually cooking dinner, asleep or something when they happen. it’s a controversial strategy, but it works for me. i feel like i’m getting my favorite bottle of scotch on a big sale.
got back my intial investment on lrc, playin with house money now, dip, what dip, bring it and i will buy more
the dip at 4pm today looks like big money institution sold it\`s stake at market close to buy rivian . buying opportunity for us little guys
when the us dollar is inflating this much, easy
, the internets most meme-able crypto holding up well too
ain’t my first my first rodeo. i ain’t leaving’ til my knuckles are nice and polished!
my banano bags are still 150% in the green😎🍌
bullish on **lo$$!**!! here we go! ' *p.s.: don't fasten your seatbelts. it would not help!*
i’m up 24% this week still
. showing strength and independence from btc
holding for a nio call that'll last til jan 2022, bad hit today but i still have plenty of time for it to jump back
holding and buying dips. i fear i’m too late to the party as usual.
psh... easy. i’ve been buying and hodling through shiba dips for more than a year now
or short it and still make profit it’s a win-win
china evergrande group appeared to pay interest on dollar bonds at the last minute, averting default. customers of international clearing firm clearstream received overdue interest payments on three u.s. dollar bonds issued by evergrande, a spokesperson for clearstream said. there are also increasing signs that beijing may take steps to address the liquidity crisis affecting the nation’s developers. bank lending to property firms rose “sharply” in october and that momentum is expected to continue into this month, the china securities journal said in a front-page report.
hahaha 🤣 i’m already dead
are we looking at different markets? only down like 3.55% today
you call that a dip? pssshh
wasnt there a coin named “squid” and it scammed everyone by pulling the rug?
i hodl kadena... we don’t do dips.
yeah holding is soooo easy when you have a thistraction like a pin worm infestation of the beeehole….i mean all that itching you hardly notice
this. they know what they are doing. guaranteed, elon and his friends sold doge before he talked crap about it on snl.
the smartest comment i've ever read 💯
but wait...do we have the full picture? it could be both. did they actually default on some massive debts last month and are still trying to sort other smaller debts? they could have met the deadlines for some and not the others.
sold half my lrc, holding half. i was undecided.
that's what i like to hear 👂 👏
i fomoed at .04 so waiting for the apes to come back for me l
yea lol. it went up to like 2k before the rug pull. people still buying into it though and it is still making some people some money
might as well at that point haha
yeah, evergrande defaulting causes risk in china, chinese investors are more likely to pull out right now, explains the 10% overall market drop, evergrande defaulting is bad for everyone edit: fake news! everyone reported that they did but they actually did not default, market about to rebound
good play, can always buy some back in on a dip, but still have some lrc in the game, no need to get off the ride yet
you have not been forgotten
ditto. only down 60% now. random shitcoin
aww shit, not again...these next few days would have been a good time to buy...
why there is not even one word on evergrande default on cnbc ?
chinese always pull out, against the law not to or some shit
why cannot we ever get a solid answer from china?
are you sure? lol. not good news over the weekend.
actually it turns out they did not, false news! just published in ny times an hour ago
that means we will see more green
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i upvote every time i see that face
level up by buying at ,420
you should buy more now, dollar cost averaging and all that
elite dream chaser bitcoin will hit 100k 🤪
hello, i am roger, the man behind the face. i hope you are all doing well during these turbulent times. it won’t always be this way, stay strong. my lovely wife tonya and i are just finishing up a glass of wine then it’s off to bed. kind regards, roger
it’s just impressive you managed to buy so high
i bought marijuana stocks at ath last year so i feel you but hope you learned something
bought in 2021. picture in 2025 when price is ,000,000.
saylor and his minions said so though.
his wife had to get used to that face
i bought at 59k and still holding strong
bought eth at the last peak🥲
hello visa? someone used my credit card to buy bitcoin
all i can think of is the rapper who got his ,000,000 advance in bitcoin two months ago and flexed it so hard… even showed his cashapp account where he had it sent to. probably on suicide watch rn.
you only bought one!?! total noob!
i feel this picture to my core 😂
my first bitcoin (0.01) i paid () when it was at its (may 2011). i felt like the world’s biggest idiot. over a dollar.
always remember for you to sell someone else needs to buy
bitcoin has deep frakin value
ooo...he. he... it'o go back up
lol. that was me too.
how would you start to getting at that level of trading?
bitcoin will eventually hit 100k, it might not be in 2022, it might not be in 2023 but it will happen eventually
my boy roger is about to get that ass
don’t talk about tonya like that.
that face has seen a lot lmao. do you know when is
whats that face originally from?
spoiler alert: it will happen 2022
i do not know yet
hold the pain harold
arato andras istván a guy from hungary. he accidentally become this meme.
lmao i was too stoned last night
i would imagine that’s probably accurate, but i don’t mind waiting either way. just more time to acquire more thiscount cryptos
keep calm and dca
i sell, it pumps. i buy, it dumps. sorry guys but i cannot afford to sell yet wallstreet style
story of my life...lets go...
how many times do i have to hear this before i die
that why i do a fake buy first. i only buy like 25% because i know the market will troll me
it will all bounce… well all of the legitimate coins will at least. cro, bitcoin, ether, and monero should all see new ath on the next leg up
i buy at peaks because i keep wanting to catch it while it goes up but it stops every time. i am a proud owner of doge at .7 and .5 and a proud owner of shiba at .00048 avg😅
that is why i buy contentos when everything dips contentos rises
i've changed tactic. buy th...borrow on peaks and short. works not as a charm all time b, but i do better than "buying the dip". don't do this (maximum margin) unless you think you're smarter than the whales, like i wan't to think but of course i'm not. i also trading for the thrill, excitement and fun...like it is a game of poker
mfw i see tgis post every 5 min
and you keep buying!!
buy btc at 61« « « « « « « « « support » » » » »
both crypto and stock market - can’t get enough these days
7 layer dip 🥺
ouch, i got an oweeeee!
i like the saying that “no one buys at the bottom and no one sells at the top!” unless you are the wallstreet asshole controlling the market.
jasmycoin 😔... holding a few months it will go back up
just keep buying and hodl.
me all the time
red light green light. teaches a lot of investments
keep buying the dip, don’t listen to fud, watch it moon, so we can all get the lambo - wise words from john oliver
story of life though it is very much possible now to earn more coins even if the market might seem bearish using a p2p lending platform.
hi, if you are looking for crypto pump & dumb bot. dm me on thiscord. kokot
please keep selling then.
never sell just hodl and take profit when necessary, worked for me this year and i touch a mil doing it though it was only qith pnode because it surpassed ath twice.
your buys sound like mine. i was cautious with buying tues, then the stock jumped from .20 to 5 bucks... i chocked on ford and i am all in with hcmc. i have 3... just need that squeeze to get to a buck or two. but oh no it hovers at .003
imagine having bought bitcoin at ,000.
let’s go….drive into a tree
dont die but you will hear it a million times
wait for .8 and buy more😀
i bought icp at 72.
if you want to be happy for the rest of your life never make a pretty woman your wife so for my personal point of view get an ugly girl to marry you a pretty woman makes her husband look small and very often causes his downfall as soon as he married her and then she starts to do the things that will break his heart but if you make an ugly woman your wife a-you'll be happy for the rest of your life an ug-a-ly woman cooks meals on time and she will always give you peace of mind
that’s what all the idiots will be saying when it’s at 500k
whenever the next peak is
yeah, . imagine buying at
jeez your wife doesn’t let you fuck her ?
lol wallstreet bets... married
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update: as you can see the dick did indeed flop just as i predicted
i hate when my crypto goes limp
this could all be reversed if the market chooses the blue pill.
thks just dumpped all my eth
followed by an erect dick increase one would hope.
love the detailed analysis. eht needs some of that viagra.
if you can’t accept eth at its floppy, you don’t deserve eth at its erect.
eth can last 2 times
maybe if we all stroke it it will become a hard-cock pattern (bullish)
just need to hold it and squeeze a little to get the little guy going in the right direction.
this is what it means to be "balls deep" in eth
thats some great analysis
how do we get it turned on?
eth can nut and then keep going like a piston of death!
i wanted to post something similar at r. kudos to our mods. my post was about the trend line of cardano drawing the batman symbol with top acuracy. it happened in july i think.
remember. when we touch the bottom an erection will come aftetwards.
as long as it is only a short and shriveled decline, we can weather this storm
what if it erects?
short it then. but to be honest it is short enough, so no idea if it is good idea
i see you have reached the epitome of ta.
and thus you made technical analysis just as trustworthy as everything else posted here
let’s go little fella!
hate it when this happens
its not november. you dont need to feel bad
this is what i came for go on
a huge dump is about to come.
it needs stimulus from that bitch called bitcoin 🤣
nice one. eth bull here. you forgot to draw the piss which goes straight down into the toilet.
this is the real technical *anal*ysis input right here
everyone goes floppy in the coming hour.
i feel stupid for having to explain this to you guys, but etherium makes otherwise virile men impotent. you didn’t know this? i’ll explain for anyone who does no already know.
what time is the coming hour?
been buying sol, eth has committed fee suicide lol
that looks like my wife’s boyfriends penis
that’s dd in more than one sense of the word
hahaha yes yes this guy right here. hes that guy
best comment i’ve seen in a long time. eventually that thing will pop, just may take some time.
update its currently at 2,812.08 dropped from 2,927 to 2,812
how much do you charge? and are you taking in any clients?
all it needs is a little market stimulation.
pfizer stock boost confirmed?
it will but it won’t last forever eventually it will nut then go limp for a while welcome to crypto.
dick flopped already. sorry but you missed it buddy
the „bull fucks the bear“ pill
guess its blue balls for me till the next coming hour :(
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huh? i bought under a dollar it’s doing fine
keep buying while its low it wont see these prices again big things in the next year or 2
i bought just before smart contracts, waiting for the magic to happen. nothing happened. another fomo...
i feel like the pa of ada will depend on the success of its dapps. there are not any sxful ada dapp out there yet.
who *does not* feel like this lately? people who own fantom maybe?
meanwhile charles telling stories about how he was in aghanistan lol
i’ll continue to buy it at whatever price it’ll end up at to stake it
you don’t want it to take off too fast. it’s doing great in my eyes.
i mean i’m up on it, but yeah, this is me.
what you waiting for ? anyone clue me in ?
literally though that was a girl until i saw the beard. the hell is wrong with me.
i still don’t know what they difference is between ada and algo
this coin is for ass, just losing money dude
copy and paste for any coin purchased in q1 of this year. been holding since may but did go in heavy when eth was at about 2k.
my bets on algo
trust me it is coming ben armstrong said so
when ever a crypto coin takes off too fast, the downfall is almost as fast. crypto is about exponential growth, it took bitcoin 7 years to have exponential growth. patience
i do not see it do more than 5x and that is a huuuge market cap
you and your random words
come of it man. cut this guys some slack. smart contract just went live some weeks ago, we cannot possible be having successful dapp on ada just yet though i know some are in the pipeline. i'm looking forward to the first healthcare dapp that will be launched on cardano really soon.
people who owned solana 2weeks ago lol
is that in cad or usd?
ada hodlers got their astronaut suits on, waiting to get to outer space
you need some pumpage maybe? waiting for that wife changing wealth
the flare pant look must have thrown you off
different end goals in mind for the projects at the end of the day. while they both can accomplish "some" of the same things, their core differences are in the programming languages used and ultimately how well they may scale in the future (remains to be seen for either). in terms of performance, cardano is getting there in the coming months. i believe algo is around 1,000 tps, and cardano is 1,000 tps **per** hydra node (scaling solution). both have low. both have smart contracts. in terms of utility, algorand i think is specific to finance, and cardano is community-driven (identity, finance, governance, etc. - whatever the community wants). of note, cardano is using haskell, which is used by the largest corporations in the world (big banks, microsoft, ibm, nvidia, etc.). they also have a focus on interoperability. i'm a fan of both projects, but i'm long on cardano only.
algo isn’t vaporware and actually has a very solid idea on how to beat the blockchain trilemma, and already has smart contracts not to mention ada uses some academic programming language no coders understand. i wouldn’t expect smart contracts for years, if wanna see ada’s roadmap? [here you go]( you’ll notice it’s 90% marketing with vague promises to do literally exactly what ethereum is doing now
i’m genuinely curious, which coins do you think are superior to ada and why?
bruhh you probably own no ada 😭😂
i’m up like 200% on ada
your comment is the definition of safemoon.
care to elaborate? 🤔
you will be suprised, so much mass adoption coming to the crypto market in the next few years
english person from 2007: wot
hes saying ada still sucks
hahaha. pa - price action /- successful... cant be arsed fam. haha
i fomoed into sol at 100 and thought i was really blowing it haha i guess time will tell
slt is gonna pop off like tomorrow so ☄️🪐☄️☄️☄️🪐☄️☄️☄️🪐 see ya later space cowboy
is cardano currently doing x,000 tps? because if not than you should be comparing algo's 1,000 tps to the current tps of ada. if you want to compare future tps, than change the 1,000 for algo to 46,000 because that is coming soon. from what i can tell it seems ada's current tps is ~250 but there does not seem to be a good source to check that. also, why mention that large corporations use haskell? literally every programming language that is being used, is probably used by multiple large corporations. and then you say cardano has a focus on interoperability, which is good, but most chains have a health focus on that as well. algorand, has at least 3 in the works right now.
your comment shows your lack of knowledge in the area of cardano. ada uses a programming language that is similar in nature to haskell - which been around since the 1990's - and is widely used in fintech. a large portion of haskell scripts can already be used on plutos, which means fintech will actually have an easier time adopting it than other languages at this point. path of least resistance, and a code base that does have a developer base already. again, algo is great - but to your point they have an "idea" of how to beat the blockchain trilemma. most chains are that way (look at solana's rise and fall), do not buy so much into the hype. cardano is up 2000% from a year ago, vs algo's 400-500% for a reason. haters gonna hate, and the stronger the hate the stronger the ada community seems to get. hype or not, if you're in for profit, more money has been lost with algo the past few months. that said, we're all early. just be happy about that. there is room for more than one project in this space, support them and be glad we all get to get in so early - at dirt cheap prices.
he’s all in on usdc and waiting for the next big pump to sell.
i like algorand more than cardano
there needs to be things to be adopted, for adoption to happen. we're starting to see mass adoption with things like nft's but obviously the vast majority of that happens on eth. it will continue to be that way unless ada makes major progress, and objectively it is one of the slowest progressing ecosystems in crypto.
i saw it go to 40 and was like "lol how are people buying", next day its at 60 and keeps climbing to 220 fml
hmm... all great questions. fair on tps. i'd argue the tps capabilities, honestly, are hard to measure because where it matters differs between blockchains and how much data they are carrying in the blocks. in reality, it is more of a marketing - my numbers bigger than yours. currently, around 7 tps i think? waiting on hydra for mainnet for 1000tps scaling solutions. not sure we've seen algo's "finalized' tps yet either. and it does not mean anything really, solana has tps to the moon and still got dos'ed into oblivious and had to shut down (which rubs me the wrong way honestly that they can just do that with the network - but another rant altogether on "decentralized"). the haskell mention was a direct rebuttal to the comment about no developers or unknown language. just pointing out facts on that (ie. facebooks 'wonderful' anti-spam platform is written in haskell.). it was to point out it was not drawback. different languages are used across all organizations (although not wise to standardize that lol). i did not say algo was not focused on interoperability, or at least did not have any. it's just not their focus in how i was thinking in terms of data. algo's focus is finance - centralized or decentralized. that's how they will interoperate (among a few other things). they are versatile, it is why they are really successful right now. cardano's interoperability is focused on things like user data. user data is valuable. extremely valuable. chainlink for that reason, in my opinion, is extremely undervalued.
lmao, you likewise know nothing about algo if you think it’s node structure is like solanas and by the way, what exactly is cardano a strategy to scale? i looked at their site and all i see are sidechains. eth is already doing that and more, so what exactly is cardano doing?
solana i can see an argument for. maybe eth 2.0. but how on earth do you argue for eth with these thisgusting gas fees?
thanks for opening my third eye
for cardano the scaling solution is called hydra. i do know about algo - and you either misunderstand or just refuse to read and comprehend when i mentioned solana previously. i was referring to tokens in general with hype and much talk about scaling performance - yet a vulnerability. the point there is that until those projects get through some actual trial and error, real world issues - they too are just bit of marketing. consider keeping an open mind a little bit and not taking praise for one project as someone dumping on your own. you can say something good about a project without having to make false claims about another. if the best you can do is point at eth, you’ve ignored the pain everyone is dealing with in that area. gas fees, slow af, promises.0 will solve all, sometime in the next year.
bc its going to go up lmfao just wait and see. im all in on slt but yeah eth is still a good bet rn
you do know what causes high gas fees, right?
eth fees are dank because people are actually using the network. cardano is not even finished.
oh yea hydra, the scaling solution where cardano has the genius idea to do layer 2 solutions. if only there were chains doing that exact thing right now i’m not making false claims about cardano. it is vaporware and isn’t even promising to do anything other chains don’t
reality is today anyone still calling it vaporware just shows willful ignorance. your points, valid or not, represents 90% of the crypto projects out there. that actually 'includes' algorand. that's just the facts.
vaporware - you keep using that word. i do not think it means what you think it means.
not really. chains like algo or polygon are actually delivering on projects. all that matters is if they’ll get users. i’ve read all the marketing on cardanos roadmap and all i’m seeing is it is going to use sidechains for scaling? correct me if i’m wrong there, but that’s not an achievement. sidechains and layer 2 have been things for a while, i don’t see what cardano is doing special by being extremely late to everything. not only that. haskell might be used by some fintech, but to an average person? hell no. i don’t think it deserves its position compared to chains that are already doing what cardano promises it’s gonna release in years
yeah, successful projects no one in mainstream media is talking about. algorand and el salvador - no one cares. no offense to those projects. thsoe projects are doing great things. however, they are seen more like short-term pump and dumps than long-term holds - "popular pump of the week". not saying that is me, i'm talking about how the market treats them. people use those projects to get gains, and sell it to buy more of the top 3-5 projects. all i'm pointing out is the fact that yes, cardano is - not by mistake, which would seem to mean you're missing the overall value seen by the rest of the market over these other projects. if you do not like it, that is fine. don't narrow your focus to cardano.org and what you see there. you're making this about one being better than the other, and finding nonsense excuses to thiscredit one over the other. reality is cardano has a broad roadmap that is likely outdated at this point on their site. they do not care to make it any fancier than it is because their focus is on actually building those relationships globally with other countries, governments, businesses, etc. if you remove bias, and you're actually concerned about profit, diversify and realize a 're wrong.
all i’m saying is that other projects are greatly undervalued compared to cardano. and you’re backing that up, you just pointed out algo was chosen by el salvador’s government and its receiving zero attention. algo can do that with a much smaller market cap than ada. polygon is quickly taking users and dapps from ethereum. other chains i don’t know enough about are making amazing strides, all with tiny market caps. and cardano, with its huge market cap, so far has only released smart contracts, lost the el salvador interest to algorand, and has no real established ecosystem to speak of. on top of that their plan to scale is to do exactly what eth already did: building sidechains. what exactly does it have going for it? that doesn’t indicate to you at all that ada could possibly be overvalued? and on your last point. you’re saying i shouldn’t trust cardanos own website? that’s actually embarrassing you’re right though. cardano has all of the media attention and marketing going for it. but i’m here to invest in technology, if i wanted marketing i would buy stock in a girls clothing company or some shit
cardano has already made a deal with ethiopia which will bring millions onto their blockchain. [ eu has a funded a digital identity project to tackle a number of areas using blockchain - of which iohk is a partner of - [ cardano will be working with dish network: [ and , if you translate it or just find the original articles, you'll find that globally where some laws are being written, **both** algo and cardano and referenced as great blockchain technologies. [ translated section of note: " namely, here are protocols based on proof of stake mentioned where the influence of the participants in decentralized polls are weighted according to their share of the tokens of the underlying dlt system. promising examples of this are the cardano blockchain130 or algorand.131"
there's a difference between "trusting" a website to understanding what a project is actually doing and where it gets its value. tons of projects out there, some that are even rug pulls, have some of the best looking sites out there on the web. i'm more focused on what others are publishing about the projects, than what they tout themselves to be.
you’re defending the fact the developers won’t update their own website btw does the downvote button make you feel better about yourself?
there's nothing to defend there, no one cares about the website. you should realize that the majority of the updates are going to be from iohk, which has for awhile now been the main source of updates. which, again, shows your ignorance on the project. on the downvote - not really. just voting how i see your posts is all. you are welcome to do the same. it's what it is there for, do not get bent with me because you're getting down voted. stop, do some more research, and come back with valid points.
i have valid points. you just cherry pick the ones a you respond to. and if iohk handles the updates, why is that stated nowhere? i’m just saying other blockchain sites are far more technical and less marketing
i've responded to all your points. i do not need to cherry pick. please point to one i've missed, happy to reply to it. anyone who really knows the facts behind cardano, knows about iohk. all there is to it. i do not have an issue in particular with most projects out there, and i have no real reason to defend one over the other. what rubs me the wrong way, honestly, are people out there calling out ghost chains or vaporware where it does not exist. it's this mentality of one project having no purpose because another exists that is better. that mentality of painting a picture of sh!t coins is what drags the rest of the market and slows adoption. it's the same mentality that resulted in people giving up on matic long ago, and look at it now. people leave these projects for dead due to misinformation and not realizing how early they are. you **want** people to get involved in cardano, because it brings people into the crypto space. if it falls short in someones expectations, there will be other projects to potentially fill those gaps (like algo, or solana, etc.). my point at the end of the day is you do not understand ada's core project values. and that is fine - i'm trying to point them out to you but more importantly anyone else that comes across these threads looking for information. i fully intend to bury your garbage with actual helpful facts, not your opinion that it does not do anything.
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i’m a nigerian prince... i have a billions of shib that i need to move... but first you must be send your doge
all right fellow retards and autists. i thought this would be the perfect place to share my dogecoin journey this year. at around .02 i invested about . i sold like half of that when it went to .15, died inside when it dropped to 2 cents, sold off a few chunks as it was going to the high 60’s or so, and hodled since then. my position was worth over half a million at ath. as mentioned i’ve been capturing profits along the way i intend on capturing some more profits at the , but holding until then. riding this shit to .01 💎🙌
alright this is actually retarded. good job.
this about sums up my upcoming shib strategy. well done. profit taking at intervals is smrt.
my brother, can you charge your phone ffs
sold most of my doge few months ago before elon snl. itching to get back in, i think a lot of people underestimate the power doge has in terms of social proof. have been in crypto since 2017 and haven’t ever seen another coin cross that barrier the way doge has. awaiting the gain porn at 🤝
this is truly retarded and i love it.
one of us! one of us!
this is more retarded than the retarder button on a short bus
congrats. and fuck you.
imagine not unloading at 72
no i’m retarded had 2.5 mil 2018 and sold before 2019
doge to the fucking moon!!
dca on the way out rather than panic selling or buying. doesn’t seem retarted. love the diversification though.
are you fuckin retarded?
18% of the portfolio i see? what was it roughly when you were sitting at half a milly? also do you expect to see it overshoot , or will it fall a few cents short?
deleted ^^^^^^^^^^^^^^^^0.1204 [^^^what ^^^is ^^^this?](
i’d do anything to go back in time and stop myself from making fun of people that were buying at .001 and telling me to 🥲
setting it off right. we riding the short bus boys
greetings from 2013, i am a time traveling doge ape and this is not financial advice. the reason the dog sleeps right now is because it is being limited by it is gas price. it costs minimum 1 doge per transaction, which is ~.21usd right now. on average it costs .50usd to move doge, which is not so much a problem for us, but it is for global adoption as a currency in countries where fifty cents american is a big deal. it was not meant to be as expensive or as big as it is. fast forward to late 2021, the surge in price from may necessitates the development of a new model which will be implemented later this year, reducing transaction fees and incentivizing new miners and nodes. the reason you do not see doge transaction activity is because it is too expensive to move anything but bigger quantities and you see the coin stuck in exchanges. this is not financial advice, but i am a time traveller.
this is literally the dumbest yolo i’ve ever seen. i don’t even mean that in a wsb sarcastic way. please tell me you at least have a stash of btc and eth before you did this…
which trading platform? looks sick
do you have any theories about how doge can regain or surpass its past glory? i want to see it go to .
mans still holding that extremely heavy bag. big dickn
not exotic enough. haha.
drop another 80k. you won’t do it. chicken.
anyone who is investing in literal dog shit should go check out my amp post. let’s focus for 3 seconds and actually do something meaningful with our finite lifespans please.
this is healthy start to the community
you either made the best decision of your life or hmmm yea i do not know. either way you should atleast double your investment in the short term
funny, i put about , how much is it now you ask? idk, i got out when i gained another
lol you have to post that on shib tweeter haha
youre way to smart for this sub go away
i upvoted for your use of traditional wsb language. this sub gives me hope
"the high 60's" sir, you are allowed to say 69 in a wendy's.
wait till i tell you about a thing called mtgox.
i’m looking forward to this being the most financially important choice of my life, and entirely undermining all my years of work and proper investing. this has already made more than all my equity from employers combined over the last decade
i finally bought in to shib today. it’s a very very small position though at like . as much as i want to hate i can’t argue against it’s success. the biggest difference with doge (outside of the mainstream success of doge) is its more irreverent nature. i think the creators of doge truly meant it as a joke (that became serious my mistake) whereas as shib clearly was aiming to be a real thing from the start
i think the nearly dead phone nicely adds to the ambiance of a dogecoin yolo. but yeah this shit is at 2% now. currently plugged in
yep, no dought! doge is here to stay dogecoin, the joke that become the joker!
somewhat fair, but anyone who would have unloaded fully at 72 would have done so at 20 cents
unloaded about 15% at 72 to play it safe. oh boy, that next morning was life lesson.
f. i personally think below 20 cents is a buy, but my position is too large already. could always get back in
i ain’t waiting for a doge pump. it’s a long term game. i actually hope it doesn’t pump as pumps lead to dumps. i want a nice slow come up. i probably should by a little vechain. vechain always makes me think of [this fucking song]( though
compare to vechain, i suggest you celer. huge community and green eventho btc and the rest of coins red. still very cheap at 0.17. will be at 1usd in no time. as soon as eth2.0 completed, it will surely soar high
it was like half my portfolio for a while. i don’t think it’s gonna hang out at . it’s either gonna hit one and dump hard or fomo to insane heights. i’m gonna sell a little bit then to be happy in any case
indeed. i never hate on taking profits, i do shit on panic sellers though. would have loved to take a little more profit at 70, but i’m still bullish and can’t complain with 6 figures in profit
if it makes you feel any better i'm playing 100% with house money and have realized 100k in gains. although 80k of house money is synthetically the same as like 65k of my money (short term cap gains) ' my doge is my largest crypto position, but i do got a decent stash of btc and eth. dumped 1k in to each before the crypto nuclear winter a few years back, but hodled through. i've also been dcaing in to more btc, but do not buy any more doge at this point.
i’ll follow up with my safemoon position at some point. don’t want to blow my whole load at once.
nicely done op, fuck you
in that case congratulations.
shib needs to go away. if it didn’t thistract investors, doge would be at a dollar
i mean. doge will at least profit for you. eventually.
now you're making me a little moist.
yep, a lot of noise that has to be ignored :)
i thisagree. gaming should start requiring shib! i believe it’s a slower adopter. thank elon musk for the doge wins. i’m holding both!!!
already has. i’ve taken some profit
my position was at 100k in safemoon at ath. that was even more retarded than my doge play, as my initial investment was . i played gme with about 50k profit and thought investing would never get more retarded, and rolled some of that in to doge. already explained that story, but shortly after safemoon was all “hold my drink”
i don’t understand how it’s legal for coins to ride off doge’s name… like baby doge, doge 2.0, shib, etc. if these scam coins never popped up to thistract and divide, 100 percent believe doge would be at a dollar right now. hope they get rekt
wow... with only , you turned it init 100k?? lmao magic hands, i got in safemoon late, my
thats why dogecoin foundation is stepping in, to stop all copycats. they need all support on this!
well it’s … but yeah it was 100 lol
you didn’t felt like selling or thought it would go up. do you regret not selling at 100k?
i'm still optimistic long term, but would have been nice to take some profit for sure. they were the first big tokenomics, and i think that is worth something. for sure holding too long is my biggest weakness trading wise. i prefer that to being a panic seller though.
same, i have been holding almost all the coins i purchased. crypto is unique in my view and i don’t know which one’s gonna moon. i keep on holding and don’t sell. overall, i am up by 20%, nothing as astronomical as yours though.
exactly. i’m just pissed that i’ve watched some moon and it’s never one that i’m holding!!
this is the shit slinging i'm here for
this is why i do not respect eth gang. they think they have a monopoly on retardation or something.
cardano, please fly again
someone's jelly of our 2000% gains in a year
yes about 2,300 of them
someone's upset their coins are staked indefinitely
they’ve had active smart contracts for two weeks now.
those smart contracts as absent as my flair and my dad
they are in the room, yes, taking up your tiny brain space
what the fuck is a smart contract and name one person that actually uses one? fuck, i rarely have anything to do with any contracts, and i'm a general contractor.
instructions unclear... bought algo
i hope this sub can become a safe space to fud each other's bags
i’m actually here to learn more about crypto. i’ve realized meme subs are ironically the most open but yes also shit talking cardano holders
my retardation has doubled since i joined this subreddit
cardano, despite being the third largest crypto, doesn’t presently have ability to run smart contracts.
you're not allowed to sit at the big kids table
i use one daily (yieldly). they allow you to make certain transactions with your tokens or coins so that you can interact with certain dapps. in order to have a functioning defi ecosystem you need to be able to run smart contracts on your chain. in regular day life you'd need your bank, paypal or whatever to make transactions to an app. with crypto you're the bank, smart contracts link you directly to apps.
an automated transaction, based on agreed upon terms
saitama inu to the moon 🚀🚀🚀
not true, the alonzo fork has been active now for 2 weeks (i think? a week for sure) and smart contracts are now available amd active.
*dogekiller has entered the chat
i was gonna say i have some ada and i could swear smart contracts were already active. if that was just more bs from the cultists over in ’ve been the last straw
alonzo is live on mainnet. we’ve had smart contracts for over a week.
a whoooooooole week huh.
oh that is simple then why does not everyone just do this?
i’ve been doing it wrong.
and the next lesson is: how to find the tops
this would not stop me from catching knives. i cannot read.
you don’t even have to buy according to this strategy. just find the bottom on the chart and you’ll have profits in your account
i just backtested this. and guys, when you only bought at the bottom, you have the best average price. just buy the bottom and you are golden!
i could find kara's bottom
i looked up her twitter, its legit not ironic
haha, the ta gurus will have to build a temple for you
all this time i have been doing it wrong, just find the bottom, and there it is right under my nose!! silly rabbit!!
i want to buy her course now.
you do not get to fomo at the top with this strategy. seems suspect. can't even hold bags this way.
an indicator for the lower point is also the red color.
then you travel back in time and buy. got it
it’s pretty easy to find the bottom after it happened. now try finding the bottom before it happens and let me know when to buy.
great analysis, hire her
can someone show me how to find the top too?
instructions not clear enough, bought at top
only if i knew this before trading...100% guarantee tendies
well, she’s not wrong. sounds like crypto advice from your trusted bank’s local branch.
this girl is the biggest idiot on twitter but i think it’s just a troll account lol
she is the female michael burry
why didn’t i think of this??
totally wouldn’t be too late by that point. not at all. and dead cat bounce? wtf is that?
investing = competed it mate
she’s a genius. and to think. my life could have been so easy.
when the student loans arrive
ufo 🚀sos 🚀elon 🚀btt🚀xec🚀clh
idk, i think the best strategy is how to recognize that your going towards the floor right as that trend starts to unfold, vs trying to predict the floor on the dot to make an investment. alot of people do not do it, because they lack the analytical data to see trends or just have not watched enough charts to see it for themselves yet, but it will all definitely come with time, so keep at it, charts are subject to interpretation and who knows, you might see a trend no one else does and that is kinda the point of why we study so damn much lol. my philosophy is if you can spot the start of a downward trend, imo, protecting what you already have is more of a priority then buying more so while your rearranging your port around you can wait patiently, get semi close to the floor buy in and remass those profits and not really worry about much.
time in the market is better than timing the market. it does not matter what kind.
i’m gonna have to check for rules like “what would happen if i buy after an 8 week of downward price action”
genius, i say genius!!
there is no bottom. only zuul.
hindsight trading, simplified. ver 1.0.
the best ta i have seen so far in 2022.
appreciate the top level ta mate!
good that there is a picture bc i can barley read
! no wait, ! nah, has to be , come on guys! , just sold my car to go all in! , omg just took out a loan for everything i can get and moved into a cardboard box to put every penny in btc! — *gunshot*
so the foolproof method is to build a time machine...done and done.
i'm new to crypto thank you now i be millions
she said bottom- ahhahahahahahah
wow i never thought of that before! that's genius! i thought that it only went up
ach taking over 🚀🚀🚀
she didn’t explain why it bottomed there. if you draw a horizontal support line you can see it bounced at the same point previously
leave the , go 💵💵
lol that’s good stuff! i should’ve sold my doge coin when i made ’t and now im at 85🤦🏽‍♂️
idk they are idiots i guess
you have not been buying the boops?
i always thought that you should buy at the top because the top is eventually the new bottom smh.
i like the bottom, it tweets when it is there. the top however, nothing but silence.
daily volume is the hint for that. check doge and shiba bubbles, both of them had daily of ~40 billion before the bubble bursted. loopring had 5 billion in daily volume during the top, before it was ~50 million
how can you be sure it is really her bottom though? maybe it slumps lower than you think and the real one is further down? same with the top. might also sit a lot lower than you think when you start unwrapping the facts
and then it would shoot straight up, right?
*most underrated comment 🤷‍♂️
then she belongs here!
she offers a course on onlyfans if interested.
believe it or not she works for morgan stanley.
it's the highest point before it starts a 30%+ correction. your welcome!
you need to buy the beep dude... not the top.
🤦🏻... so this is not true?
can confirm i'm better off buying and hodl'ing to 0 than trying to time it and ending up buying the ath and selling on the downslope.
we always buy at the boop. this has been sacred knowledge for at least 24 hours.
i thought we bought the hoops my bad
i mott the hoople... am i doing it right?
makes sense. appreciate the serious answer.
it's almost impossible to know where the bottom is.
jesus... this whole time i've been buying the beep. i'm doing this wrong?
i was just buying the bleeps, the sweeps, and the creeps... and lost them all
my friends cat taught me buy the meow at the pur point and listen for the dogs woof... then sell your meow for friskies. anyone ever try this?
no problem, it is still hard to predict the exact peak and there are network issues on exchanges when this happen. for example shiba's peak was around 0.00007. it rose to around 10x in a month. but crypto.com and binance went offline because they could not handle the load. so if you get a 8x during this circumstance is better to sell earlier and have 8x profit.
your friend's cat sounds like a pussy.
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for those asking, i found this to be the easiest way to buy banano: it does take a bit of effort to buy it but i believe that’s why it’s still such a low market cap. once it becomes more readily available on different exchanges, we will likely never see these prices again.
all i’m saying is if you guys want to get banano straight from the tree, just use folding and set your team to the banano.cc team! folding means using your graphics card (or cpu) to synthesize molecular proteins to advance medical research! i get about 69 bans a day... it ain’t much but it’s honest work. can’t trade cryptos if you’re dead from cancer or forget what you’re doing from alzheimer’s 👍 bananominer.com there’s also jungletv.live which is a fun way to earn bans
don't tempt me to buy it because if i do it will instantly crash.
you’ll be rich soon
bananos is just too fun to say not to buy it
check out our wholesome community at r, our discord, and get yourself a free cryptomonkeys nft! 🦍🍌
just buy on coinex. easy as peas.
where you find these coins ?
what are you trading on?
buy it on pancakeswap. use bnb and swap to wban, same price same coin just pegged to the binance smart chain. fees are pennies compared to eth
i’m in to the moon. and how do you find these pls?
this is more like it 🍌 this sub might finally get it’s day
ok you sum beach. i'm in! bought 100k tokens.
then let me tell you bro that you nailed it! 0.05 and still raising!
banano is the way
ngl banano’s wallet app is awesome
guys, if we reach 10 cents, banano founder will tattoo a banano logo on his ballsack. let's go! :)
well. just messed up . the banano wallet ui was confusing to me. it shows the 'recent transactions' under your account and by mistake i clicked the copy on that account instead of my banano account. would that account be my coinex account id or something else? 🤔 🤔 🤔
full load up on potassium, well done
see you in the jungle.
right there with ya, bad i'd rather throw money at a memecoin that actually has a use case
my 🍌 is mooning
i’m thinking of doing the same. you think there are gains to be made still??
ah why not, im in too.
yo this shit could literally pump for a weeks😂😂
you are a genius
worked out so far :d
mercatox exchange has ban
do you know catcoinmars? is it scam? catcoinmars.com
thanks! i got i to it last night (23.04ban 😂) but didn’t find a cheap way to buy some. will add ! i like the concept and the community around it!
thanks, i sent over xlm instead of algo. worked like a charm. thanks for the tip 🪙
thanks so much for this, just bought for 500$, apes together strong 🍌🐒
this is the way. also you can paste this refferal code to lower comission price in
the current market cap is . so if banano reaches , it will still have a smaller market cap than doge right now… so to me, the risk is tiny but the reward is massive!
don't threaten me with a good time
risk reward is insane
if i hold till it has a market cap equivalent to doge right now, i’ll have .9 million 😅😅😅 i saw how quickly doge reached .70 and then fell down to .29 so it is absolutely possible. it’s just a matter of time before more people thiscover this coin
i can’t figure out how to add funds to coinex in order to get started
how do you deposit funds to buy on coinex? i can’t figure it out
coinex allows transfers from btc.
i found out you can fold and they payout in banano
i am buying from coinex. you only need to provide an email address and phone number
👆 he is right. that's how o have been doing it.
wban not on pancakeswap
this is awesome! so much more upwards potential
because potassium lol. the community is great and the coin is instant and feeless so it was bound to happen eventually. now is the time!
i’m up ! the market cap is still only !
apes also need potassium so this is where the banano comes in. i do also hold loopring though
looks like that was a nice quick pump and dump. 80 percent sell rate on cb and 52 percent volume drop today.
market cap is still small. lots of gains to be made imo and ban is gaining a lot of traction everywhere
especially cause it will take a few days for new people to buy it since coinbase makes you wait before you can withdraw
thank you. the banano community had me sold
the creator of doge even gave the banano community a shoutout:
i personally used mercatox exchnage. basically sent nano from my binance to my mercatox. inside mercatox simply sold nano for banano (ban) then sent them to kalium wallet.
to be fair, nano doesn’t even have a billion dollar market cap. let alone a 26 billion dollar market cap you’d need for . i have banano myself, but a billion dollar market cap alone would be a wild ass ride.
couldn't agree more. we read about undervalued coins all the time, but usually there is no hard evidence of what the undervalue is. in this case, just compare ban to doge and you'll see a few 1000x lower market cap for ban, despite the similarities (or even benefits of ban)...
something you could say about 100000 other shit coins, but who cares anymore, post gains
i buy xlm on coinbase, send that to coinex, sell xlm
in the app just go to assets. click the coin to want to deposit. click deposit.
sounds sketchy i like it
you can get the contract here on cmc:
you have to rnter the address to import it.
40m market cap is nothing. this thing can 10x by tomorrow. if gme had any movement this things going crazy.
oh i meant how do you buy it seems confusing to me
same. i threw in . i am not selling. apes together strong. congrats tho!
thanks i will check that tomorrow. suck to do that on iphone!
seriously, doge is an outlier. it has a mc way higher than tons of other serious projects.
buy btc on gemini, it is cheaper trade fees then cb. then transfer to coinex coz its free transfer. buy banano.
decided to grab some on coinex, so easy to get money in but not out though lol...
oops! my bad. i followed this guide: you have to go through some hoops to buy it but that’s why it’s still so cheap. i wanted to get it before it gets listed on major exchanges
you have to go through a couple hoops to get it. that’s why it’s so cheap right now. it is not on coinbase. this is what i followed to buy it and move it to my wallet:
this method specifically work on iphone as kalium works on phones. good luck and yeah that exchnage mercatox i wasnt aware of it before. literally asks for email and password. no kyc. i wouldnt leave any tokens there tho. just buy the token then send to your private wallet whatever it is
coingecko says the market cap of nano is ~. either i can’t read or you know math i don’t.
cmc shows 3b. oh well...
does it? cmc for me shows ~900 mil. are we on different internets? is this the real life? is this just fantasy?
i'm retarded, i was looking at another coin, you're right lol.
im in, how to buy this shit?
in my experience, nano and xlm are the best for sending small transactions. if things work ideally in a rational manner, nano will be the top option for global charity donations.
nano and banano are the way
nano likes to hide a lot
i do not understand why this is not even in the top 100 crypto. it should easily overtake xlm and xrp. disclosure: i hold xlm
my bananas will be ripe soon 🍌🍌
why does this sub exist? wasn't ?
nano: the only coin named after the amount of growth it will have.
why not just buy algorand
and prone to dust attacks cus no fees and poor financial incentive for node operators to run nodes…
why it so dead rn????
is tipbot implemented here?
hate to be that guy, but *cough *cough lightening network *cough.
binance, kraken, coinex are some exchanges to name a few. i've used all 3, binance and kraken are the best of the two for sure. make sure to try it out for yourself it really is instant an feeless it is amazing
or you can try kucoin. transfer btc to kucoin and buy nano. kucoin is great cuz you dont have to kyc. and then i would get a natrium wallet for your nano
this was actually meant to be a post making fun of nano holders lol
mine are a little mushy rn
dont know man, maybe they needed money and want to sell ads like ethtrader does u
staking is a wealth transfer from users to the wealthy that 'hodl'. inflation ends with people working for arbitrary criteria instead of user concerns. in an inflationless, feeless economy, the only way to gain or lose percentage ownership is to exchange goods and services for it. and thats why not just buy algorand
they've implemented measures to counter this since the last one.
at one point. but not since the last major network upgrade. old news, please do not spread stuff like this around when it is been fixed for some time
the incentive to run a node is targeted towards the users that benefit from the network. that could be businesses, exchanges, hobbyists, etc. what's the incentive for thousands of people to seed for torrents? there's no direct financial incentive to do that, right? i would even argue that there is a thisincentive given that file sharing is illegal. people are so quick to judge nano because it operates differently than every other crypto, but if you take a second to look outside of the cryptosphere and just observe how the internet, as we know it today, functions, you'll see that nano makes a ton of sense.
who cares about the tech, just look at the price... it's horrendous.
layer 2 solution, not decentralized and overall more like a bandaid than something i'd want to use. it's like building a car with legs instead of wheels just because horses came first seriously just give natrium a download and get funds from a nano faucet and test the speed. if you have issues with a faucet let me know i'll send you funds :) get back to me with what you think and your likes and thislikes. i'd love to hear them
* cough cough * channel fees, watchtowers, liquidity requirements
if you want to test the speed
making fun of people holding a currency that works, don’t get the point, i get 1000x the shill from btc, eth, ada, the next new coin
...by highlighting the pros of nano?
you got it all wrong.
buy in at 0.02 checking in
sorry, your tip was not successful. please try again. please contact the mods of r. ***** ♡ (っ◔◡◔)っ ♡[get started]([show my balance](♡
.002 algo per transaction which right now is ~1. if you have 'll make back that .002 in a days worth of staking at 5.56% apy so it is essentially free. 1st quarter of governance rewards starts in october so we'll see even higher interest rate possibly.
exactly why i'm in it. fearful blah blah greedy blah blah
nano is a massive powder keg that will explode at the even the slightest hint of real-world adoption. you heard it here first.
wouldn't you want to buy in at a low price if you're looking to make money? especially with a high utility asset?
ok, installed natrium and the faucet works. it was super fast, actually. what's your address? i'll send you some to keep testing.
there are over 13k+ lightening nodes and it is growing parabolically. it's more like using venmo on top of the banking settlement layer. i'll try it out. standby.
my hope is that wsbcrypto becomes a place to shit talk each others bags with grace. it is the same as the cardano "are these smart contracts in the room with you now?" post. just slinging shit and having fun
we're on wsbcrypto now, let us make fun of each other and have fun. yeah nano does actually have utility. the meme reads more to me like eth and btc are rolling their eyes. y'all always bust down the wall to talk about nano 🤣
it’s the superior meme coin
right, and doge used to be extremely cheap to transact with as well. if it is not fee-less there is no guarantee of what the fees will be when the network has high traffic. also, as the asset increases in value the fee value increases in usd terms. staking rewards are inherently deceptive, which offers explanation as to why you think it is "essentially free". staking rewards are just supply increasing (inflation) and therefore devalues the algo that you hold. not hating on algo, as i am a fan of their consensus mechanism, but people need to take a good look at just how powerful "fee-less" is.
shoot some to i'll shoot it back. there is a reddit top bot that actually does on chain tips but i do not have any in the tipbot at the moment my big thing is just getting someone try it. like if you try lightning network and try nano and like lightning more i do not see an issue with that. but i like to hear what conclusion people actually come to. for my non-technical family members in crypto they have all thought nano seemed really cool so that is sorta where i base my holdings on because i figure if family members who have never even owned a computer can figure it out its got a chance at huge adoption
ln funds are not safe at rest by default and require constant fees for watchtowers. a major point of cryptocurrency is that you do not lose your coins at rest, 1 doge=1 doge encapsulates this. 1 ln sat != 1 ln sat over time.
no worries, i'm here to have fun too :d lovely comic! we kinda have to shill it hard because basically noone has heard about it despite it being cool tech. one of the only coins meant to be spent in stores instead of replacing the whole fucking banking system and stock market.
speaking of busting down walls... would you like to hear about nano? it's got a cool app called natrium if you download it i'll shoot you a small amount ;) lol
algorand has a fixed supply of 10b algos. not all of it is circulating yet but that will change, stopping inflation. after that, governance rewards will be paid using the transaction fees collected in that period. essentially those who can afford to stake will be paid by those who cannot.
that is the spirit
it's like magic i doubled it lol. wish i would have been at my phone woulda send it back instantly :d
yeah, it is pretty cool. works very smoothly. i'll have to take a deeper look at nano. thanks for playing along :).
lmk if you need some more testing ;) i love nothing more than sending nano back and forth!
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what a retard 🤣 she definitely belongs here.
just buy and never sell*
ah yes! of course! the old buy and sell at the right time trick. classic! need to change the batteries in my watch.
is she the one who suggested homeless should buy houses to stop being homeless?
i always say “buy high and sell low “
fuck do you mean? i see no wrongs here
well... she is correct.
just buy things that only go up. easy.
time in the market is usually better than time-i get the market
sell the dips buy the surge it’s the ape way
wow that is actually good advice
monthly fibonacci is 102k we all need to be bullish here!
that seem pretty obvious
the only way you can lose money on bitcoin is by selling
if she can make it in this world, so can i.
only buy the good ones
buy the dip leverage with x20. best financial advice to put your life savings in
oh man. i bet doctors hate her. she probably has no belly fat either.
this is my life motto!
i'm excellent at doing just that.
she is majestic!! great advice…
or just buy and do not sell. you could have basically entered the btc market at nearly anytime in the past 9 years and had more money a year later than you started with.
well the fucking right time is now bitches!
i can teach y’all! just buy my guide on how to buy high and sell low!! only .69
ahhh welcome fellow autist.
aaand the right time is any time i'm not buying!!!
imagine being a lady in 2022 …
the right time is always the wrong one for amateurs like us
stupid question i’m sure, but what are “calls” and “puts?”
seems legit to me tho 😂
can you tell us the right time bitch?
i buy few mins if not hours before a drop and exit right before a reversal. never saw a profit trading crypto except holding them for few years and sold eth at 500. hardly covered any loses though.
why did not i ever think of that
one of us, one of us, one of us
sounds like a secret passed through generations
if not, that suits her best! thank you!
90% of us fellow retard
she is like a western saloon. poker in the front. liquor in the back.
she is a winner
and what do you suggest?
ok, i know i can buy surge at bk, but do i have to sell all my dips or just the sour cream and onion?
exactly, i am very motivated now
who would have thought of that?
it’s almost as good as buy low, sell low and then watch it moon without you. another great way to play.
anything that does not go down.
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well you see it all started when i went full time degen on wsb and really opened my eyes that being a true idiot will get me places. i just bought the dip and bought it again, again, again. then i saw my hands starting to glow one morning and now they are diamonds.
remember, it is not profit until you sell.
r’t shitty and you can’t convince me otherwise!
look into zen. absolute shit. volume is like 1000 dollars for the 15 min even on coinbase
that's what we are all here for :)
hey now hey now this is what dream are made of i got one second to go i've got someone to blow this is what dreams are made of wait is that how it went ?
no coincidence sir, i know the weys of life ofcourse.
when i remember all the ethereum i used to own….blown on shit coins. eth is like a credit card i have to max out
don’t tell that to my girlfriend
fired...my gf will kill me
this looks like it would be a pretty fire billboard
he has .000767 btc
what’s the male equivalent of an attention wh**e? clown show
somebody hit this guy with a car. go crypto tho
jpow had nothing negative about crypto!! super bullish, now we'll see a santa rally!
how do you get karma to engage on posts?
can this be a thing can we just start protesting to buy crypto... like for real i'm about that.
someone come get their ape ! 😂
, going to 50x this week!!!
best advice anyone can give at the moment. yea it is the dip but a very precious time to grab good tokens at thiscounted price. lrc and railgun looks like good ones to throw some bucks into as they have got great growth potentials.
we need a t-shirt with that slogan "buy crypto" to spread the world.
can i please have some karma🥺
thanks! just trying to spread awareness!
still an attention whore
ser you are on wsb crypto. thought you should know
the internet always wishing the best for me 🥲
back to 50k we go
let’s do it together :)
oooo ooo ahh ah 🦍
the man in the picture. i wish you a wonderful december (:
i am the man in the picture. 😔 but i also wish you a splendid holiday season! 🎄🎅🏼
oh you're not the meme one tho. i should have looked closer 😕. that's pretty dang cool do you know that guy golding sign meme?
yeah that’s me brotha 😅
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that’s funny because when i give anyone advice on any topic i end with something like “idk i’m not too deep into it to know more sorry”
bitcoin going up but it could go down ya mean
this is so true.
haha this is not financial advice and i'm not a financial advisor😅
the synonym is "i am not a professional trader, just an enthusiast" lol
just in case the fca come after us 😅
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i need prescription glasses to read this. please translate to ape language
gentlemen. get some lube cause we’re about to get railed real bad.
china is likely to step,in and help in an efffort to avert a collapse of their economy. this news has been going on for over a month now
please someone explain what does a construction company defaulting have anything to do with crypto specifically?
so is this the dip before the crash?🥵
yeah, but if we hodl then crypto always goes up. so i do not see the problem.
that’s just the begging man. there’s other huge chinese companies that are in the same position
oh i’m buying so much on monday after the stockmarket crashes.
it's not just this. it's a combination of things. "this week’s losses seem tied to the latest covid-19 variant, omicron, and comments by fed chair jerome powell. on tuesday, powell signaled the central bank would move faster to end its pandemic-era bond-buying program. the move would mean less money flowing into bonds, which would lower bond prices and lift their yields. and higher yields on safe, long-term bonds makes the most speculative assets—the long-term hopes of investors—less attractive to own." - barron's we need to stop and realize these impacts are temporary. don't panic sell. people will realize yet again even with an increase in yields in bonds it does not compare to returns on crypto. - the omicron variant is proving to be mild and fears will pass like delta and original covid has. remember hodl
you took a while to find that out
wait, we had an evergrande related crash like 2 months ago. i think they have to wait a few more months to cause another crash. it’s double jeopardy or something, right?
can someone explain? q: how can one company in china going bankrupt, evergrande, tank the whole world and? how does this specifically affect gme? how can we best position ourselves to benefit from this? thanks in advance!!!
isn’t this already known?
seems like a legit letter. especially since it says "inside information" at the top.
squeeze my tits and pour your self a glass. they need to be liquidated
i’m bricked up for the dip. may all the cowards miss out
fuck ya they will. as well as a few other big players in china's real estate world. 🔥📉
should we also sell our stablecoins ?
negative, fed reserves are tapering, they are only delaying the inevitable
do you think this will lead to relatively longer market catastrophe?
yeah baby. bossblunts covered it in a nice little video
whyed you make a new account just to shill jasmy and this trash lol
nothing to it really, massive liquidations.
meh, this is just another in a long line of excuses for institutions to dump stocks on the public near ath. and of course, never let a scary news story go to waste when trying to stoke fud in the crypto markets. business as usual, btc >100k by july 2022.
260 is baby money
fuck em….i’m just gonna keep buying. the rest of the world can have fun being poor.
do you think they were holding a lot of btc that they liquidated?
why would this have any significant effect on crypto... china already pulled out of crypto market anyway
does anything good ever come out of that shithole?
fuck this, a construction company crashes stock and crypto, not the housing market. poor people do not have the capital to enter housing market, so they buy stocks and cryptos. stock and crypto crash while housing is ath.
source: "trust me bro". so you just happened to get your hands on this document, which is nowhere to be found online?
i doubt this is the reason, would of dipped a lot sooner. this news has been out for a while:
and it is default day...again...
guarantee us ?? sounds like bitmart hack was planned.
china strikes again as if it hasn’t done enough damage this year last year
really am glad i did purchase calls of you all know what 🙌
so if this going to be true, if i convert my usdt to other stable coin, will the other stablecoin ,will it turn to 0 dollar as well? im very sorry im very noob...but already read everything...let say i change my usdt to usdc will the value of usdc still be 1 dollar or usdc will be 0 as well?
news is before market opens friday; so most likely already priced in
china government already stepping in to control the fallout. looks like they might be restructuring them. my guess is smaller or mid size companies will take parts of evergrande. meanwhile major shareholders and creditors will negotiate a lower interest payment along the way. let’s get real here. china does not want to look bad. they have no choice but to prove to the world they can handle this. this whole dance is just an opportunity for china to take over the company.
that and an exchange got hacked. 150 million usd worth of crypto for stolen.
hope yall shorted that btc dip
can't goddamn ever fuß default at once. why do they have to make hundreds of announcements of or.
my tits down to my knees but still jacked to da moon
yes this was released on the low key last night... it is also a stock de listing that i cannot say in this sub. but yes once this hits the markets monday... boys buckle up and grab someone's tits...
stonks go down, crypto go down
this effects the world global markets... they owe hundreds of billions of dollars they were supposed to pay off over the course of 6 years... this is the 1st payment that they were supposed to make and they are saying they will default basically... so yeah i hate you china 😒
be greedy when others are fearful
is there a shortage of lube now too?
yes but this was the memo for the 1st set of payments... they are implying they are going to default on the 1st payment... the owe hundreds of billions in usd over the course of 6 years... they can not come up with a few hundred million... not good...
commercial paper + tether
nothing! bears want panic. so they grasp for straws. media tries to draw parallels to housing crash in us. but this isnt a fradulant buisness just bad buisness. and its construction, not banking.
[maybe that is a question you should ask china](
have you seen all those pictures of bitcoins? who’s going to make all those coins now??
was wondering the same myself. there is literally no mention of those types of assets being sold 🤔
everything 🙂. search evergrande in the bar and read back from september, specifically in the superstonk group. this will take awhile, but it is worth your time.
construction company? lmao. they are the biggest real estate developer in china dude. and tether may be holding a ton of their commercial paper. like xx billion or more
i think this is the crash before the dip.
i could possibly see btc get back to (sun dec 5th) then the usa market open on monday... hello stable coins!
i would say this is the beginning of the crash my friend... the only crypto pumping right now is cos... hmm go wsbc!!! other than that stable coins are all up 0.1% so there is that... someone grab tail and un jack my tits... this one is going to be rough
this is also the way... however when my computer algos kick in there is no turning back... also let us say you sold at ,000 which is where the sellers got stopped by a giant green wall the size of china... then you would have !!!
yes brother i feel this is the case... it is time to strap in for a crazy ride...
yes this is the way... nfa but i am waiting for monday also to buy any more btc or eth... i think it may go back up to , bye one more time... that is when i got my $$
watch bossblunts 2 hour plus long video on this he live streamed a few hours ago... it is crazy
this post did beat mine... i tried to post last night 8:00pm cst but it got taken down...
no this is them saying hey our 1st payment of hundreds of others over the next 6 years they are defaulting on the 1st set of payments... they owe hundreds of billions and can not come up with a few hundred million... this is why this is not good and they tried to release it as late as possible yesterday. monday will be a blood bath imo... but again well do not know f about s... edit i see now you were joking... dumb ape here sorry
i just commented to someone on this... the simplest answer is they owe almost the current market cap of btc right at this moment and they could default on last i check is around
well implied yes... now we know they will default on the 1st payment... the 1st of hundreds scheduled through the next 6 years... so this is kinda bad... monday i'm going to my safe place
it is legit... the gentleman below verified fair enough mate...looks like it might have some credibility now that i did some digging: [ when you go to the root domain: [hkexnew.hk]( it looks like the real-deal. crap.
i grab yours i already have pasties over mine... i started lactating at the sound of my wife crying... lmfao
fire sale... i'll see you on the other side on the way back up brother!!!
ok so i got it... no you can transfer to dai and you can stake them on several platforms... i stake mine in exedous wallet
2008 here we come... 🌈🐻
unfortunately yes... they will default just south of ...
pretty sure they are also crashing because of this and covid issues on production of goods
holy shit... holy shit... i just watched the portion where he talked about it... holy shit got to go back watch it all... your telling me there is still hope!!!
i sold all my jasmy sir and i do not shill shit... my last account was banned perminatly from reddit... me and a mod in another sub did not get along...
the rabbit hole is deep my friend!!!
that was the 1st of 82 payments over 6 years...
well we already know they trade our shares... if they trade our btc and eth with the other top 10 cryptos this is a possibility... higher the market cap easier to hide... the name of the the game is to beat them to the punch
look at other comments and responses... no time to answer... making money got to go!!!
brother... we will regain control of the world... it is inevitable... the humans across the world are waking up... look at austria today 40k ppl marching against the plandemic covid bs in their country... stay strong and vigilant... we will prevail!!!
it is from a inside trader that i have in japan who works for the subsidiary in japan for evergrande... it came through the stock market channel yesterday and we saw the effect near close... however like we all say we know f*** about s*** so 🤷
wow they have ppl on the inside too... nice they got it around 6 hours before i did according to the post time!!! looks like stonk and crypto apes are uniting... so a glimmer of hope for the future!!!
please some1 help me...can i change my usdt to usdc? then will it be ok?
just like your birth announcement... congrats... so proud of you!!!
historically what’s a good move in this situation?
this is the only valid assessment.
you literally don’t understand it, you’re just cross posting with extra steps
greedy on lube ?
the us can make money out of thin air, why wouldn’t china do the same for evergrande?
this makes literally no sense but it sounds good! that usdt fud runs deep
it came from an insider in one of my trading groups... this is also retaliation for the de listing of a certain tradable stock that involves cars in china
ok. i forgot to say conglomerate. but still. what do they have to do with btc.
why hello stable coins??
😂😂😂 thank you sir, your explanation was succinct and poignant while also creating a sense of safety and optimism. you are a true linguist
i'll check it out. hopefully i can find a video that sums it up, because i do not have time for a 2 hours stream.
ha no problem. need a sarcasm font!
thanks didn’t see it, i’ll scroll through more and find it 👍🏼
big fan of exodus as well
i know you guys are all scared but i think a mild stock market crash … say 20%… would be a net positive. provide an opportunity for people to get in low. of course im assuming the crash isn’t so bad that is starts putting companies out of business and causing a domino effect.
i wish i had met you on here three months ago i could’ve put your mind at ease
unofficially of course because i don’t know shit but i know this
yes it though i think there’s actually a paper trail leading to evergrande they were using junk bonds and doing something with leverage i’m a little fuzzy right now i got my meds today i’ve been without my xanax for like six days and i just got my refill so i took two so i’m a little sloppy
goddamn i was having a rough day i’m glad i made somebody’s
you must have said something crazy i guess
they would need a shit ton of money to get themselves out of the hell hole they dug themselves into. wouldn’t it be possible to notice some massive liquidations on the blockchain if this were true?
i read them but seems like a lot of conspiracy theories
fair enough mate...looks like it might have some credibility now that i did some digging: [ when you go to the root domain: [hkexnew.hk]( it looks like the real-deal. crap.
*not this time* *this time it is personal*
holy phooook how are you not upvoted to the moon 😂
personally i am waiting till monday to see the effect on the market... analysts have posted this on bloomberg below: the title sums it up if you do not want to read but with btc and eth now moving with the stockmarket... i do not know how i feel about this yet...🤔
negative beta is a term that rarely gets usage. 1929 was a big year for negative beta lol.
shit i’m so sorry i’m in the crypto room by mistake my bad
greed, lube and tits. lets go baby!
china already said they are not bailing them out...
because these companies are under the ccp wing rivaling xi. he wants to eliminate his competition. so en economic destruction of his enemies is quite a good way to do it
the impact this will habe anywhere outside of china will be tiny. classic fud
the story is that tether is backed by liquid assets such as cash or bonds. and that much of the bonds are junk like evergrande. but the joke is that they have a bunch of junk bonds like evergrande that they bought at a thiscount. so it looks like they are nominally worth a lot, but really their value is closer to pennies on the dollar. evergrande going bankrupt would mean that tether would have to change their nominal millions of dollar holding down to 0. some people think that would cause a run on tether and with that that tether runs out of cash and you can’t redeem tethers. that in the end would cause a crash in btc because if people can’t change their tether for dollars, they would trade all of it for btc at any price. now this theory makes a lot of sense. but the only thing is that nobody audits tether so they could be bankrupt already but nobody really knows. so evergrande does not change much there. the other is that exchanges could cut off tether pairs if volume goes off the rails. rendering tethers worthless but defending btc. tether is only a threat to btc if they are audited or if they are listed on exchanges. the main risk for all of this is exchanges that hold a lot of tether.
it isnt fud at this point they got caught lying about reserves multiple times and they still continue to print out of thin air
sorry but this sounds like bs. retaliation for delisting didi by crashing cryptos? that doesn’t make sense whatsoever. crypto isn’t a typical american thing.
sure this is insider information, but his point was why would this company crashing cause the entire *crypto market* to crash? kinda silly. you'd think people would move their money out of evergrande and put it somewhere else, far removed from construction and physical assets. something like a cryptocurrency.
insider marco metzler? lol gtfo
there is more volume in tether than any other crypto. if tether goes down, so does everything else
we are fellow 🦍 and i suggest we all find a fellow degenerate and give them a hug🤣🤣🤣
i got you start right around the 1:05:00 to 1:08:00 hour mark... they show this exact memo and tell you what it means for crytpo and the global stock markets...
yes have exedous and atomic for just stakeable cryptos... this is the way
i can work with a glass half full kinda attitude... we need more apes like you to keep the balance 💯
even better brought a joyfull tear to my eye 1:08:10
and the best thing is that we are not crazy!!! holy f*** ball sack sweat s***... it has begun...
holy shit one last time this is mind blowing... thank you sir!!!
look at 1:05:30... this shall cheer you up possibly brother 🦍 listen to what he says!!!!
it was on another crypto sub... not wsb... and yes you could say that, however this mod only received a response equal to the message this mod sent me... this mod was more than likely a child slightly older than my 2 kids and well they are soft and get butt hurt easily... i am 36 so you can do the math... my oldest is 16
i will up vote you... you do you i will do me...
my guys are usually spot on this so we can try to get a jump on the overseas news in the markets in the states... we will get through this together 🦍's
i think it would be easier to trade cause we can anticipate the move. like yesterday, for example, coins started to dump after the stock market closed so i’m assuming that a lot of the volume on crypto, at least from traders in the us, comes after the stock market is closed.
i was not aware of that.
tether market cap is is less than 4% the total crypto market cap. how would that crash crypto?
my man... you got this nailed right on the head!!! this comment needs to be up voted to the moon, not my post!!!!
tether has been doing the same thing as the fed has been doing, they created tether coins excessively and they have been trading for bitcoin to try to be able to say that bitcoin is part of what’s backing tether. why would anyone think that tether was legitimate? they won’t even allow for an audit.
one person in the comments hit it right on the head... tether
chinese junk bonds are the majority of paper attached to tether, evergrande and the rest of the chinese real estate market makes up the majority of those junk bonds. that’s the ops correlation to crypto.
*virtual hugs ape friend* you’re right i feel better already, may the crypto gods have mercy on our portfolios
i’ll tell you what i’m in on this from jan 29 i got locked out from buying single digits of amc i’ve been seething 11 months
trust, people who are moderators of everything like thiscord servers, twitch channels etc really have some sort of ego or god complex. i had someone kick me out of a discord official server or something when they were doing a christmas party or anniversary party type thing because they had song requests and they literally skipped mine and other ones just to play brain power over and over again pretty much and i said it was kinda killing the vibes lol
i agree, however i like the buy early hodl to the moon mentality versus the whole day. i feel this will be the likely senerio that plays out once investors see these patterns. i forex... let us just stick to the old plan to alpha centauri!!!
total market cap is deceptive for a market to crash. so much is in cold wallets or dead wallets. the real metric is total float or total crypto on exchanges. if 80% of tether is on exchanges but only 10% of btc or other cryptos are on exchanges, that would mean that tether would be 30% of the market liquidity. and that means it has a way oversized effect on price thiscovery. the fact that total tether is 4% of market cap is like saying that lehman brother is only 4% of the banking system, why should that be scary? the scary thing is that lehman debt was around 5% of us gdp. and the collapse of one bank , often indicates that there are also problems elsewhere in the system.
ripple effect most likely or as reddit calls it, “paper handing”
once you understand this you will know how to never loose my friend...
tether is vaporware. it’s not back by anything.
i'm amazed that so many people in this space seem completely oblivious to this situation.
there’s no evidence that the commercial papers attached to tether are mostly chinese junk bonds. i’m pretty sure this evergrande and tether link started as complete baseless speculation as everything else with tether. tether is pretty shady but i’m not believing this until there’s concrete evidence.
you mortals and your stars... black hole guy myself
absolutely! buy and hold and you will be rewarded
pretty weak comparison to lehman. for financially illiterate people, what you said sounds impressive. but the amount and type of leverage that the traditional finance system is built upon is not even comparable to a few bitcoin derivatives (which are mostly settled in btc, with all options being either usd or btc, and only a few ghetto futures contracts settled in usdt).
this cracked me up so hard
my man... crypto nor any currency of any country is backed by anything except and i quote "faith" by the respective countries... usd has been fake since 1970...
when the fed started talking about regulations on stable coins... one thing came to mind and that was evergrande ties to tether... it happened almost the same time this whole evergrande thing came to life... we must help spread the word and inform all the new crypto investors especially so us apes can make as wise decisions as primately possible!
you want to explain to me how the collapse of one out of dozens of stable coins is going to tank the crypto market? crypto market cap: 2 trillion usd tether market cap: 0.074 trillion usd so usdt comprises less than 4% of the value of crypto.
tether is lining their pockets that is why they pretend like it isnt an issue
yep. the speculation stemmed from the cftc investigation. [
so you're content to have faith in an organization that does not allow itself to be audited, but you would not believe reasonable claims about the operations of said organization without "concrete evidence"...?
yet, they (tether and evergrande) are unable to provide any evidence to counter the speculation.
that’s right, to sagittarius a* or bust!
brother bear... you seek the truth... you will find the answers
true that the trad fin is way more leveraged and interconnected. but crypto is seeing a lot of stupid leverage offered. 100:1 leverage on bitmex etc. the leverage is growing very fast and it has no regulation behind it… so it is very unsustainable in many exchanges. there is a lot of trades and liquidity behind most of the tradfi assets. but crypto valuations are based on a very thin transaction volume. crypto is not nearly as liquid as it market cap suggests. there is so much hodl and off markets crypto. especially in altcoins… so it takes thisproportionally less volume to crash the crypto market vs tradfi. although both markets are kinda on thin footing right now…
depends on where you bought in. even if i see a big crash incoming… i still see that btc will hit 100k in the next 18 months. the balance is… can i wait for 18 months? do i want to cash in now and buy back later at a lower price? or do i just keep dca and not try to time the market. because it will be up anyhow over the long term.
the usd doesnt claim to be backed by anything lmao. tether on the other hand claims to be backed by usd, so you arent making much sense
evergrande link to tether is pure speculation though, is it not?
>we must help spread the word and inform all the new crypto investors especially so us apes can make as wise decisions as primately possible! i just threw up in my mouth a little bit
a lot of liquidity in a lot of coins and tokens depend on tether. it's not a death sentence of course but it will certainly have its consequences.
mind explaining? i read it and i only see findings revealing that tether isn’t fully backed by fiat currency 100% of the time and instead might have commercial papers and receivables etc. still don’t see any link that points specifically to chinese junk bonds or evergrande. maybe i’m missing something.
i don’t have “faith” in tether and i’m not a supporter of tether. i just choose to not believe in baseless speculations with a photoshopped chart circling on twitter as with anything.
to play the devil’s advocate, if i were tether and there are false speculations then i wouldn’t bother to clarify unless it’s in court. granted as an individual i would hope they are more transparent, but the fact that they haven’t shown evidence to clarify some people’s speculations on twitter and reddit doesn’t necessarily mean they are linked to evergrande.
i dunno. in order for usdt to cause problems, the following would need to occur: 1) i own a lot of bitcoin. let's say my average price is 2) tether goes to 0. 3) i watch tether go to zero, and decide i'm going to sell my bitcoin (**???**) 4) there's so much volume from other people doing this, that i end up selling into a crash and only get so... why would i sell? anybody that believes in bitcoin as more than a speculative asset wouldn't. and people that do not believe in btc are all trading shitcoins. not to mention, we do not even have any reason to believe that the commercial paper held by usdt is going to be impacted in any way by evergrande. this whole situation is just so terribly boring after all these years. if anything we'll see a flight into quality and btc will pump at the expense of doggy inu floka christmas santa token
exactly coinbase changed their statement to say the following "all crypto is backed by usdc"... usdc website states that the usdc is backed by the usd... brother i do not have time to educate you... look up the law president nixon signed in 1970...
nope... check their balance sheet
i see, so magical thinking and fud rather than any mathematical explanation. not surprised. this is why you guys are so easy to fleece
during the time frame of the investigation, the most common and liquid commercial paper was chinese real estate bonds. this opinion piece from back in november has some decent sources in it for the piece. [
it’s not that they aren’t backed fully 100% of the time, it’s that they aren’t fully backed ever, and a significant amount of their loan and debt collateral is in the form of chinese commercial paper… that’s what is spooking people. tether hasn’t been audited and theres a bunch of smoke and mirrors. this will negatively affect the crypto market, it’s not a matter of belief it’s a matter of supply demand and stock to flow…
i suppose we'll find out what the relationship is soon enough.
you are 100% right. btc hodlers will not be the reason for this crash. just like people who owned their homes 100% were not the reason for the housing crash. what you just said can be applied to every crypto crash… why did the price drop from 18k to 3k? why did not everyone just believe in btc and hodl? a) the market does not have a lot of float, it does not take much selling to cause a dip. b) the people who have coins in hot wallets are not hodlers c) many people bought in at sub 10k, so if the market is dropping they might want to cash out while still in the green… with the goal of buying back in at a lower price. i know this sounds boring for hodlers… crypto will go to 100k before it goes to 0 but the market movements in between can be wild and are not at all concerned about what hodlers in cold wallets think.
you are not making any sense. stablecoins are backed by the usd (supposedly). so how can you shit on the usd not being backed by anything when stablecoins are backed by the usd!
lol right, i thought so
tether has stated that they dont own any evergrande related items
maybe i'm missing something. why do you think it has little to no impact? i'm not fleeced in any way, i have not sold a single thing in any downturn these past months.
i think many people reading that article are missing an important point, which is correlation doesn’t mean causation. so while there seems to be a correlation between the growths of tether and chinese commercial papers it still doesn’t mean one is the cause of the other. i’m sure you can find even better correlation if you map it to something else. again, it’s a possibility as with anything, but just saying simply mapping out the correlations isn’t enough or good evidence.
lmao again with the lehman shit. this guy.
love you fellow ape i am done with this posts comments after answering you... money is fake across the world... once you understand why and look at my response to others same responses you will understand... the global currency the usd has been back by nothing but hopes and dreams since 1970
you are slightly dense... son evergrande has usdt in the balance sheet... read again son... sorry try again
what i'm saying is that it cannot have much more than a 4% impact on the total market cap of crypto. sure, if you're in some kind of low-liquidity shit coin, it might get rekt. stay in the blue chips during times like these and it will be fine. this is simply not why btc sold off.
that’s why it’s an opinion piece. i just like how it explained how tether was able to get so much paper backing relatively quickly, even if it is just correlation. best we can do with opaque transparency.
you will find the answers
vs the guy who puts him self and hodling his 30k of crypto as a reason why the market will not crash… lol you have no idea about the markets. people like you are around 3% of the trades in the market and about 0.5% of the volume. what individual hodlers do has very little impact on the market.
so your solution to the usd problems are allowing unregulated shadow banks to create money out of thin air? that fucking hilarious dude.
i broke my rule... clueless are you young padewan... only hilarious statement made by you dude 🤣 😂 😆
you really drank the kool aid. i hope you can exit your position before these fraudulent stablecoin issuers ruin the whole space...
you are the kool aid...
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sell the mattress and buy btc
ugh imagine how uncomfortable that must be. space suits aren’t for in earth gravity use both the moon has less and space is none. it’s a bummer because i want it to be like a onesie
it is the sad truth my friend.
my partner thinks that i m crazy on loving 🥰 btc
i have been on the eth rocket for 4 years by now and it has been nothing ng but enjoyable
no need to sleep bro ! kuma inu don’t miss 🚀
i'm crytpo macgyver. always prepared.
we cannot wait, because we are ready not preparing anymore, while i await the king, still accumulating some precious gems, q4 tends to always be a good season for alts in general, cannot look pass my sylo bags it been gearing up lately.
i'm gonna sell my body too btw
then send us up already!!
eth is a safe haven, i have my largest investment there, i only regret selling part of it early this year but it still turned out to be a blessing in thisguise cos rin gave me 3x my initial capital in less than 4 months that i bought it.
a hand is a hand.
not until we own the market like gme is wsb owned. let them know.
that’s how it starts. stick to the safe-nets and don’t go gambling in the back room when you’re already in a fucking casino.
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i see what you did there 😂
your risk, our gain
same for me but instead they call it margin
l... o... effing l...
if that fails we make bottlecap tokens that represent bottlecaps and trade those
tax our stocks tax our income tax our land tax our bed tax our bread tax our car tax our shirt but when you tax our crypto that hurt!
taxes? you guys not living in dubay?
here in denmark it is like 50% you'll need to pay in crypto tax...
buyin the dip right up... dips more ill buy more!
why does not it ever do this on pay day
who the hecks panicking? we're just buying the dip.
i've literally upvoted every meme i have seen made with this cat.
as long as you do not sell you lose 0 money
this always makes me feel better lol
i would rather panic if i'd hold gold or any non-technological stocks... crypto and technology are the future or do someone still believe that we will go back to the stone age? maybe warren buffett?
as long as 1btc still equals 1btc the market will be ok
literally just spit all over my keyboard
seeing red again, seeing red again! good song
apparently i lost a little in crypto value today. and i do not care. thats why i do not check balances or listen to fud. this kitty has the right idea.
stock market drops 2.5%. crypto: hold my beer...
well when you put it that way…
its funny when people say buy the dip, so when it drops to 38 was your buy in at 44 a smart move? it is going to sink even more, this is just a start. i bet 37-38 is going to be support so that is my aim, way too rocky to buy now.
that's not a dip anymore. i bought the crash.
back to your cave
when it dips further it means buy more
if it drops another 25 percent what would we call it then?
my cave is pretty sweet!
just a normal day in crypto. 25% losses on a trade are pretty fucking normal for some of us.
**user report** :--:--:--:-- **total submissions**1**first seen in wsbc**1 week ago **total comments**1**previous dd** **account age**5 years[^scan ^comment ]( ^submission ](
back to mining fiat ⛏
nicely done see you next month!
there is a reason most people say avoid leverage.
the issue is not crypto, the issue is with gambling with leverage. crypto is so volatile, you can get completely wiped betting that a crypto will do well just because it tanks for a couple of weeks-- even if it ends up doubling by the end of the month. crypto moves so quickly, even small cap tokens, that i've never understood leverage in this space. why not just buy small piles and grow them? there are projects that grow hundreds of % in a week showing up literally every few days...
don’t give up forever , crypto is a long term investment not short
you lost . that’s a lot of money, but it’s something you can recover in your time. perhaps take a break, build your piggy bank, observe the market, then come back! also, yeah maybe don’t touch the future lol.
i bought tiachi , it’s now floating in the ’s. i thought i got in during a dip, just wasn’t aware it was the start of the dip. we all make mistakes, we have take those losses with the gains. start again, you’ll be back before you know it
gambling addiction has the highest rate of suicide for any addiction. if you want to invest in crypto then invest, this is straight gambling. might as well go play slot machines.
8 k ? bro i lost 50k in futures and now they banned it for germany. this was the best could happen for me . now i’m grinding wonderland time tokens and i’m fine with 15k 😂
now kids, this is a perfect example of why you do not play with leverage. if you want to try it out, put , make sure it does not get money from anywhere else and see how it goes away within a few minutes if not seconds. it's easier to lose money than it is to make money, the faster you want to get rich, the higher the chances you will lose everything.
the only problem is that you chose futures lmao, it is like a scam. + it defeats the whole purpose of crypto, kinda asking for that loss ngl
i know how you feel. i once lost . truth is, that was only the beginning. spent one year practicing different trading strategies on tradingview paper trading. finally found a strategy that works for me but most importantly, i learned: 1. i don’t have to trade every day. 2. to patiently wait for the right signals before i go in. 3. not to over-leverage. 4. not to trade with emotions. you will bounce back. it takes time and patience. but remember two things. 1. it’s what you do after you fall that matters. 2. the casino never sleeps, but you should. keep your chin up buddy.
did you shorted a bull market? thats always asking for trouble.
don’t trade futures unless you understand how they work. and trading futures with 8k is like racing formula one in a horse and buggy
game over retry? \[y\]
short term trading does not work. if it did, all of the hedge funds and investment banks would trash all models and finger fuck the buy. if they do do short term trading, its automated and ran by an algo; you would not beat that. if you add margin to your day trading, you'll just get fucked quicker. buy low and hold. buy the dip and hold. buy the dip and hold.
try investing instead of gambling
avoid leverage at all cost! the house always wins.
if 10k is your life savings i would put your head down and work hard for the next 10 years. you have a gambling problem and will end up worse off than now if you keep playing this game. leverage can be useful but for someone like yourself it will dig you only deeper
condolences… stiff upper lip old chap
why the fuck didn’t invest and hold? why does people want to get rich quickly? 10% of that daily if not weekly could have you gotten you so far. try again, but just hold don’t fuck around trying to make you rich. is a patience game, more you chase money more those don’t come.
main lesson here is and i’m sure you’ve heard it a thousand times never play with money you can’t afford to lose, this is unfortunately a perfect example of why people say that. things can go south fast, especially if your only in the market to triple money in a week, that’s not real life. of course people in crypto make gains faster, but the majority who have made 100x gains have also been sitting on a coin for 6+ months p.s i sorry this happened to you btw i hope you bounce back
i invested ,500 into ~20 cryptos. if i had put my entire nest of ,500 into any single one of them, it could have massive highs, but also massive lows. i've been floating at anywhere between ,450-,600 for the past week. when a few go down, there is still stability due to the ones that go up in value. this might seem stupid, because i'm not an expert, but not putting all my eggs in one basket has made crypto fairly beneficial for me (as well as the regular stock market). not only that, but i pace myself. i do not plan on dumping another ,000 anytime soon, but , and gains i can enjoy.
go sell some bodily fluids and get back in the game son
just to help your fellows apes: what was your margin leverage? (2x, 5x) - is the lost on one position or multiple trade that got liquidated.
look at that total profit 😏😏
squid games coming for you
even your battery is almost gone f
buy legit crypto with utility and forget about it. that 9k even in usdc could have gained you 10% guaranteed
as someone who has also gotten smacked on futures - it’s all good man. you took a chance to improve your situation and it didn’t pan out. better than not taking a chance. you’ve taught yourself the importance of diversification and what sort of risk you are comfortable with! that will serve you for the rest of your life. be kind to yourself because negativity won’t move you towards your goals. personally i’m not shying away from crypto. going back to holding eth and a few others. i’ll keep a little bit of cash for meme coins. but man… fuck futures lol
thats ok to lose but no learn from the mistake. i lost alot money in the beginning but i stoped, watched what i did wrong and today i have x2 on my whole portfolio. definitely i can lose everything even right now but i really got plan and not running. do your homework and don’t give up, only success ✨
bro buy crypto and close your tab. passive investors do not lose anything
just need to leave crypto future forever
this is why leverage is so dangerous. only thing that lets you consistently lose money in a bull market
the rare 100% loss. this is the way.
you can’t be rich without taking risks. you took a risk and it didn’t work out. you learned from it and now you know to play only with money you can afford to lose. don’t stress too long about it. every single successful person has taken an l before they made it big. it’s a lesson we all get. keep it mind, only invest money you can afford to lose.
or stop putting in life saving to one basket.
sorry to hear. don’t give up you can build it back up. just start small and take this as an expensive learned lesson from crypto university. 😊
another victim of "learn how to get rich quick in crypto 101" guru course
i wasn’t able to invest the way i wanted to in crypto until i focused on making more fiat. now i make 3 times as much. but i keep my expenses the same. do the same and you’ll get your crypto back. just remember, don’t get greedy. you’ll never go broke taking some profits.
i read you are a student best thing you can do is focus on your purpose. hopefully some useful thiscipline it, accounting, finance, medicine, law. these areas can lead to high paying jobs where you can earn 10k per month and more. forget trying to flip 5k into 10k or 20k a high paying job or business is real peace of mind and security.
i say take , tboi, flokielon or some other dumb coin and try to make some of your money back on insanely high risk crypto. worst case you lose another , best case you get some gainz and are back on track to begin gambling again.
, i’ve been there bud….hopefully you’re fairly young. .
exactly why the exchanges push these features so hard in the marketing. it's a casino, the house wins. crypto is enough action without any of those fancy trading features.
this is just gambling issue, not a crypto issue
to be fair 9 grand isn’t that much to lose compared to other loss porn
my brother lost 200k on wire card after he did a great research for stocks, he put all the winning in wire card without really researching it, due to greed. he said he will never invest in anything again. 2 month ago i convinced him to start again. he gain 75k with crypto. sit back, research and start to invest again, without leverage, without emotions. give yourself some time and don’t try to get rich in a few month. there is always hope, believe me!
put your next paycheck staking , and you'll make all that back by next summer.
op , did you have much trading knowledge? also sorry for you loss, hopefully you bounce back on your feet
this is why i only risk what i can afford... i wanna retire one day... wait, i have more i can risk. shit, why did i do that?
it does suck to blow your account. i know the feeling but honestly bro you have an entire lifetime to make that back. money is simply just that money, cannot have a emotional connection to it
0 winning days is actually impressive
if it makes you feel better, you’ve made a lot of peoples’ day. for a moment
get back in loopring and you will see some of it back. sorry for your loss so far
you’re only a student - you’ll be fine. focus on your education and getting a good job after school. then save and live frugally. any extra money should go into index funds, some should go to btc.
invest in yourself instead. your first year of working after studies is gonna make you more than . invest in your studies and your well being. it's ok to spend some money on yourself, it is an investment that likely will give you many times more profit in the long run than anything else. be it a computer or something that helps your studying, or your favorite meal to reward yourself for an achievement in studies. invest in yourself, it can give insane roi.
🥺 sorry for you
same man, same. life is crazy though, you never know when you’ll hit a pot of gold, especially if you look in the right places!
sucks that happened dude. you seem to have a calm head about it even though you're beating yourself up. good news is that it is only . that's not going to ruin anyone's life for long. you're going to be alright. it's an expensive lesson to learn but i guarantee you would not let this happen again when you're back.
sucks and is a really horrible sinking feeling, but you can recover in time! i lost a lot of money shorting the stock market during covid and it filled me with regret, despair and anxiety. then i got my shit together, considered adequate risk management and made sure i had an appropriate strategy diversified across asset classes (including some fun stuff like yolo tokens). earn back some good luck
don’t give up. just buy and hold, don’t be greedy and don’t buy exchange products like futures or leveraged tokens etc.
shoulda just put that 8k in eth
bro dont even trip. 10k ain’t shit. i lose 60k but made it back and times two. dont play with futures
there's nothing wrong with either leveraged or futures trading inherently. i suspect you were either risking too much of your capital on any single trade or did not have a sound strategy, or both. google and youtube "position sizing" by dr van tharp. it'll be an eye opener, guaranteed.
how do you lose this much in a bull market 😂
i think most of us have been here before. it sucks 100% but it is a learning experience.
9k is achievable. slow and steady
hey man, i lost my life saving (around 20-25k) at the start of covid. i then took the last . i have since also lost a significant portion of that, maybe 70% or so. but even though it feels like you have no way back up, it is possible to make your way back. but i know your pain man, it’s no fun and feels hopeless. you’ll get back there though, don’t worry 🤙🏼
i truly am sorry that you had to learn this painful lesson. i have been fortunate in crypto and haven’t lost anything significant on any of my plays. dollar cost averaging is what has saved me on literally every one of my plays. my gains aren’t as big as some of my friends, but i am 23. i don’t say this because i think i’m good at picking crypto, or have some type of gift. it’s quite the opposite. this is to show the power of dollar cost averaging. of those 23 plays, there’s a handful that i’ve made less than 10% on, some in the middle, and a few multi-baggers. i have never done any type of leverage or futures. i’m not smart enough to do well in futures because i have to be right on price and time. i’d rather remove the time condition and allow time to work for me vs against me. either way, continue to grind and learn from this as an investor. i wish you the best of luck.
congrats next time just buy bitcoin
sorry to hear that man. this sometime hard but don’t give up on the game and always keep moving.
5 years from now you'll probably regret quitting on crypto now. as someone who have cheated death more than once, i tell you... you'll never regret your mistakes... you'll regret the things you never tried but wanted to. besides, when someone says life savings, i imagine a retirement amount of 30yrs working, not like . and i'm nothing rich. i lost 90% of my portfolio in bybit futures too, and after a month, i'm almost making it all back carefully with the lesson i learned. i'm glad i did not quit.
wipe that shit squid jizz off your cum guzzler and get back in the game
you went full retard. respect
dude if you put it eth and left it you would be balling out of control sounds like you got paper hands
breathe. that sucks but crypto is not quite that easy. wait until the correction and start buying back in. watch and research. then buy what you like. you made a mistake. at least you did something. you'll be better going forward, as long as you go forward
you have leaned a good lesson. hope you are still young and can start saving all over again. never give up hope. you are not alone.
same happened to me. now instead of trading, i just invest in coins.
did he lose ,000 or ? because there is a big difference and i’m not sure which would be worse to lose as life savings
lesson: do not fuck around with futures.
that looks really tough. i hope you are okay? 🙏🏻 i actually think that experiences like the one you had have something positive in them as well. i'm sure that, looking back, you know what did not go to plan. but i'm also very certain that you can see it as a lesson and evolve as an investor! 🙂also, i applause your courage and honesty to share what you experienced. we either win or we learn. both are equally valuable outcomes in my opinion 🙂 also know that you can always message me privately if you want to talk. take care ✌🏼
i've lost a lot of money on leveraged products but saying it is a bet you cannot win is ridiculous. you do win if you bet correctly and have enough in your account to withstand downswings rather than a account wiping at -1% like must of y'all retards. with that being said , if you take these positions daily you'll definitely lose. cheer up op we have all been in your position. see you next month.
tough break but if you have decent to good credit and can afford 200-250, you don’t have to give up and can find a credible bank that will give you 5k on a 2 year unsecured personal loan. tell them you need dental work or something don’t tell them your rebuilding a crypto portfolio. take that money and buy half an ether coin before it hits 5k, put at least 1k on bitcoin and buy the other blue chips on days they are down 3-5% or more and hold. as long as you can afford the loan payment, you will be free and clear, improve your credit and recover all of your money in two years or less.
you've learnt a valuable lesson my man. don't give up just learn from it. trading is not about he who wins the best battle, it is about who survives the longest. this lesson is one you need to learn. you will be back. you wouldn't have been playing with that money if it was that important. only ever do leverage if you are 100% sure of the trade. scam wicks by the brokers will stop you out that is their game. i learnt this lesson three or four times. it's all part of the process. don't give up.
i lost all of my life savings the exact same way. it was only 520 usd but that was all i had today. i searched on google to see if it is only me or what but hearing your story i got some strength to recover myself. i put x125 leverage on btc usdt pair and lost the trade in 17 seconds. its insane.
hey man i also find myself in your shoes i literally lost the same way my portfolio of . i would like to say do not wholly give up learn some stuff learn technical analysis, do paper trading of you still are thinking of day trading or invest when you have money and hodl it i am sure you'll make your money back and i am sure i would too but i am kinda busy in other things and i am still young (19) so i have a lot to learn. keep your head up and i would say do not totally leave the cryptoverse. 🙂
tbh when i read you say life saving, i was expecting more than 8932 dollars.
get back in. i got wiped out future trading bitcoin in 2014, when the price ran up to 1k for the first time then crashed. didn't get back in the game till this year. i'd be a multimillionaire if i had just held what i had and knew what the fuck i was doing. i had no business with a margin account. if i just slowly bought back in i would be worlds ahead of where i am today.
man, this hurts. does it hurt more to know that my weak ass buy and hold portfolio outperformed yours by literally infinity percent?
op is a bad gambler
27 straight losing days in a bull run. pretty good effort that. more karma for you!
sincerely sorry for your loss, but how the fuck are people losing money on crypto?
in a market where 99% of crypto users win... this guy loses
what i learn on crypto and stocks after also losing money is that better do not try get rich fast. fast money is gambling, investment profits need time before you can leave your shit job
binance futures? can someone point me there? want to see if i could do some loss porn.
good luck at squid game
only thing crazier than futures is futures on crypto
just hold. hodl wins everytime
leaving crypto should not be am option though. investing is long term.
i don’t actually know anyone or seen anyone do this shit, crypto is extremely volatile so you should’ve known better unless you can predict the future? clearly not, all you had to do was buy and hold, then sell later on for some profit, simple and clear instructions my man.
bro why are you gambling your life savings on futures? obviously you have no idea what you are doing, stick to investing and you will be okay
tomorrow will be the day
man, what you had to fo is buy in a dip a'd wait for your money to grow and sell with profits. why would you play with futures so much ?
10k is your life savings and you put that in crypto... this is where you went wrong. this is basically gambling. you feel the same way wining craps and blackjack as you do earning in crypto. don't deny it. if you cannot afford to lose it, do not play with it.
no don’t let’s see where this goes
life saving ? you must be very young then
i’m confused. what happened here?
idk how you lost money the past two weeks lol literally buying 'd be either break even or ahead right now
play stupid games, win stupid prizes
doing great pal. maybe all in on shiba next?
what bets did you make for it to have gone so wrong?
only use what you can affprd to loose
what is the concept of futures market? what is this graph about? can someone explain?
polkacity. metaverse. game coming in december. certik audit already in some cexs
is that 8000 dollars? …
bro, i’ve had a similar loss like you, 8k and wiped … all i can say is learn from your mistakes or you’ll have to learn the hard way. being thisciplined is more that just a word it’s self sacrifice and mastery of self.
0 for 30 thats fucking tough man keep going youre bound to get a win soon
hahahah 0-27-3 what a record
xyo token. the next vet in the making
there's the wsb i've been looking for here
how you gonna lose ? 🦧😭
losing my first stack was the doorway to making my second (considerably larger) stack... losing my second stack taught me how not to lose a stack at all! third times the charm for 8 years and running now! take some time off. then, wen you're ready, start a paper portfolio, and paper trade for a year, while building up some long term holdings by dca in that year. watch the investments you've made,and learn their rhythms. don't put a dollar into trading until you 10x your paper account. then, do not put a dollar on leverage until you 10x your real trading portfolio. and of all things, enjoy life! you're young! enjoy the ride,lows and highs!
dude just do 10x on kucoin
what were you bettin on?
omg you suck at this! back to the penny slots for you!
dude its 9k, get over yourself
consider it a paid education.
shorting a bull market? you went full retard.
did short in a bull market???
in some ways crypto non-leveraged is your best way back up if you learn how to do it properly.
8 g’s? that sucks, but shit go get a job! you can make that back quick… remove the emotion from your trades, and only gamble with like 10% of your funds…...
you broke even 3 times man you're almost there.
sorry i may not know exactly what happened, but are you still holding? part of me hopes you did not sell, there might be a slim chance that it will go back up
for free and 100% signal, message me on whatsapp +17165990335
i have a screen shot of the binance futures mark price automatically dropping by 10% of the actual price and liquidating every position along the way i should have been up by 85% instead it liquidated me at -45% in ten seconds look at ocean on dec 22 at 06:35:36 it’s actual low is 1.0750 yet binance liquidated me drops the price from close to the spot price to .9749
could you share what was it that did not work out for you and how leverage worsened it?
do you still think crypto should be unregulated?
binance, not even once. fuck that whole deal. trying to ruin crypto, why people even bother with them is beyond me. i actively avoid them. refuse incoming transfers, let it rot.
just stake and hodl at wonderland.money with only a bit of money. the apy is about 73k%apy rn
remember guys, do not play with the money that is not free to play with. if you do not have the free capital, do not invest.
curious… if you had 8k to put in, what made you choose binance futures over (say) the coin itself ? and why binance over others like ethereum, btc, avax, sol etc…?
this is why everyone should stick to only investing what you are willing to lose. you need to determine your risk tolerance. additionally, i would never put options or futures on crypto. it’s way too volatile and the risks of losing everything are too high.
dont give up, i was down 5k about 2 months back. last week i was up 200.00!
good, this is what you get for gambling like most on here, instead of investing.
why even put money on binance futures retard
get help if you need it. don’t blame crypto this is your own behaviour. over leveraging always leads to infinite loss.
that ... hurt :(
lmao that’s actually a pretty funny way to put it. our jobs are literally mining for fiat day after day
there would not be any next month, it is over.
wise words i should have heard a month ago.
it is even “safer” to get a loan from the bank just to trade without leverage. leverage is just bad news for most people. maybe some will get lucky but most will not and the house always wins.
because they don’t understand it. a person who understands leverage also understands that 1% of a portfolio bought on margin loan is not very risky, whereas 50% or more is a lot.
people want instant gratification. they think that throwing ,000 with 10x leverage or more is a sure shot and then reality hits them. even if they guessed right they would be broke shortly after because winning money does not teach you behavior. same reason why lottery winners go broke.
if you’re leveraged enough it can even take you out from a sudden dip or spike which only lasts mere seconds before recovering
if i buy without leverage how am i going to become a billionaire next month?
i wanted to make back the money i lost and stake it for years. now i do not have any more money to invest.
i definitely need a break, get a work and gain back what i lost. when that is done maybe i'll get back to holding. thanks for the support
oh shit that must have hurt. glad you still got something at least
annnmnddd, it is gone...
betting ’t gonna get you nowhere. you are not gonna be rich with that. some got lucky, most do not. he just became a statistic
i know i feel extremely guilty it is lead to depression.
thank you so much for the kind words it really makes a difference to read all of this after what happened :)
it's not for nothing they say the higher the risk the greater the reward or bust. for those who shorted at 67k$, they made a decent profit when it dipped to 58.5k$. but it could have just gone higher straight to 80k& the shorts would have become heavy losses. leverage is really the crack of the drugs, please avoid it at all cost.
that was one of my many mistakes yeah.
n. i need to get a real job to make it back before my parents figure out.
lol "trash all models and finger fuck the buy."
isn’t it easier to just buy and hold consistently, can’t guarantee buy low or buying the dip. just buy.
should have tattoed it in my forehead.
i'm a student and have never worked, those were accumulated savings. and yes you're right, never again, if anything holding coins for the longs term.
it was complicated, things spiraled out of control quickly. i was a holder at first, wanted to try making some quick gains. excess of expectations i guess.
the slow way was the right way. i tried to get into the fast lane, thought it might work. thanks for the support
this is what i should have done, never to get into futures in the first place, thanks for the advice i think it is wise
good advice i got one extra kidney i'm not using lately
all i see is red everywhere
i will need some time to earn more, but you're absolutely right, never again investing on futures, only holding long term from now on
you're absolutely right thanks so much for the positive energy i appreciate it a lot :) pd: fuck futures hard
there is some banano to get you started again!
i know the feeling of guilt is almost too much to handle...
that was my strategy at first, was doing great. then things went south real fast...
i agree, this has been more than enough for a lifetime
had to happen to someone, never thought that someone would be me
once i get some money i can afford to lose i will try to get back definetly away from futures. thanks for the support
that's a very positive way to put it, i appreciate it a lot, i really need some good energy now :)
most expensive course of my life by far
thanks for the advice, i will focus on making back the fiat that i lost, once i manage to do that i will try to get back slowly
i studied aerospace engineering and i'm doind an aerospace technology master's degree. hopefully it will pay off and i can make it back. you're absolutely right thanks for the advice.
i will never gamble again this has been an inflection point
let's hope you're right, thanks for putting it into perspective it really helps
thanks for the spirits let us see in a few months
yes i did have training knowledge, but i ignored all of it because i was trapped in a vicious cycle.
well that money was all my grandparents gave me during my life, all christmas and birthdays, all university scholarships... its hard not to get attached to that
i'm glad this make someone feel good at least
this was such a positive message thank you so much :)
i will be alright, the worst part is over i think, not having horrible thoughts anymore :)
i'll keep looking outside of futures though
these past days were horrible, i had really terrible thoughts and i even got scared. but i managed to recompose myself and share the experience. it's been helpful to read all the comments, at least they thistract me from the continuous feeling of guilt and remorse. i do not know if i'll be back i'll try to stay out of crypto until i can have a sustainable income and stuff. thanks for the positivity :)
it's funny because i used to have 2.000.000 doge right at the beginning of covid. i thought that the pandemic would get worse and sold all of it, just before the massive bull run. i would almost be a millionaire if i had just forgotten about it for a few months. so i decided to get back in and not miss the next opportunity. then futures came and with it all this thisaster. i will be more careful in the future if i ever get back to crypto, for now my mental health requires a well deserved rest from all of this. thanks for the support :)
good advice, thanks :)
definitely yes, but slow gains weren't as sexy at the time, and i was greedy as fuck
i accept donations 🌝 nah i'm really glad you made it back after such a loss, give me hope, thanks for the spirits
thank you i will check it out
thank you for the kind words they mean a lot :)
thanks for the kind words i really appreciate it :)
ta for crypto 😂. crypto is a hard gamble, ta rarely works. you’ll find more luck jumping in early hype, getting 10-15% gains and jump off before it’s too late.
i'm a student that was all i got
i'll try to do that in the future
probably, keep rubbing that salt. you need it to bounce back, or stay the fuck out!
with what money? i'm literally broke
i started like this. then things went south fast.
that's what i kept thinking.
it was a vicious cycle. once i lost something to futures at a high leverage the only way to make it back on a relatively fast way was to hope for a gain in futures. but you're absolutely right.
okay thanks for the kind words
i'm 23 and i've only been a student
if you're interested read a comment where i explained how it happened, it was a wild ride...
totally agree, biggest mistake of my life, would punch and beat myself if i could right now
i actually lost quite a good fraction of that shorting shib, everyone agreed it was a shitcoing and it would be dumped...
check a comment i posted here where i explained what happened
futures let us you use leverage up to 50x. this means if you get right(buying or shorting) a 1% candle, you'll get up to 50%. it goes both ways, 1% wrong candle makes it up to - 50%. the graph shows all my progress in losing everything.
op could have easily done this with options trading on the stock market as well. regulation is not built to protect retail investors. it's meant to rig the game for institutional investors.
what do you mean by “regulated”?
you think gambling websites do not take all of your money? there's thousands and each one regulated. and yet, you can bet on the next goal scorer, the next corner, the next yellow card fix up ye welp
yes. he ignored the warnings binance would have sent him after 3 days of losing and daily thereafter.
do you actually believe it is a binance fault? nope. i made same mistakes as op on other platforms. there are more evil ones like bitmex. and it is still not exchanges fault. nobody forced me to deposit money, i knew what i am up for.
because i can trade for 0.08%...
i tried it and got some 300% gains, that showed me the potential if i only did it right. of course the several - 20% losses on a row erased the gains pretty quickly.
it was btc he was trading. binance was just the platform he used.
it increases your leverage up to 50x. if you get a 1% candle right, it is a +50% return, if you get it wrong, a - 50%.
i definitely did not laugh out loud
i did not blame crypto lol
it’s supposed to hurt. this is the wsb degenerate version of crypto and you know it
for now. lesson learned and this will help you grow as in investor. we all make bad investments. you've learned to avoid calls. time for recovery. i'm big on vet!
dude, some scammer stole 500... i did not give up... i aped in further. i learntabout the types of scams. i learnt about scammers, their methods etc., do not give up on crypto
time to open a line of credit on your house and go doubies or noth’n…. lol jk. yeah bud, take a breather for a bit. when you are ready, just buy btc, eth with whatever you can afford to invest. keeping dips every week. in 5 years you’ll be happy. :)
that sucks man, hope you recover from it fairly quick! were you playing with options?
dude i lost 80% of savings this year. i built my portfolio from ,000. may not be the same as you but this was alot of money to me and now mostly gone. since then, i've made 1k from eth faster than anything else and also a couple hundred by buying thongs like microsoft and abbvi. you like futures? well then think of the future and what industries will be prevalent over the next decade. for me, that is indoor farming and new psych medications.
you lost like 8k that’s not much
you can still make it. not this cycle, but markets are always moving. get good sources for alpha. really good ones. it takes a looong time to find them. learn how to really trade (check ) start small. do not aim to get rich in a single week., that is how i always end up losing money. rather take the best opportunities rationally. easier said than done. you can do it champ.
see you next month!
i am genuinely sorry to hear that you lost all that money. i do hope you bounce back.
what happened? what trade did you do and how much leverage did you use? explain the story of this loss porn
the only way to learn is from experience for some
that's the way it usually goes. someone usually has the answer you need right after you needed it.
did no one tell you that before...?
gamblers fallacy. stop for a bit. you’ll be back.
i feel the pain. dont know if it helps, but i also did some bad decisions and lost lots of money.
8000? go find a good paying job number 1. thats a month or two of hard work
this is the equivalency of doing nothing but playing options in the stock market... it is gambling on the level of going to the casino as far as the odds against you. stop it! if you really want to gamble your money away that badly with crypto there are online casinos that you have to take a vpn to get to if you're in the us. my personal favorite is the rocket ship game, much more fun than this crap.
at least you didn’t put it on gourd futures i guess
you just learned something the harder way, don't give up
scared money lose money...
if you’ve only lost money you can afford to lose that’s fine. not great, but like if you’re not in trouble that’s what matters. i’m glad you’re not in that shape at least the way i feel this post reads.
best luck, op! i personally went through this “got” moment before as well, and i survived. you will be fine :).
well took some time but jea i had 10 bitcoin in 2017 also. so just keep going 8 k is nothing
oof, well, see if you can get more money but just hold this time xd
it’s only money and you are young and will make it back and more...best lessons in life cost money and not health...so don’t be “depressed”...you know the old saying...money comes, money goes...but as long as you’re healthy, you’re rich!!
dollar cost averaging. buy the same amount, the same time, every month. i'm currently doing , one into eth and one into another coin i think has some upside (some months i throw it in a shitcoin, other months i grow my xtz, algo, or other holdings).
these are the kind of mistakes investors make when they’re young, fortunately it’s a learning experience and it’s better to happen when you’re young vs older when the losses are likely to be many times bigger and less time to recover
that’s the magic brother!!! it’s not money or a wealthy family it’s time!! you put in the work for the fiat and through trial and error you’ll find the right projects at the right time and years later thank yourself! good luck!!!
take it as a lesson, i’ve had many expensive lessons too. lost a lot of money trying to make a quick gain. get yourself together and stronger than before! you gonna make it, at the end of the day you still alive and still can make it up. we need to fail many times till we make it. ❤️ all the best for you my dear op!
np and don’t worry i know it seems like a lot of money but your young, you got lots of time to make a blow money. treat it as a lesson and don’t let it bring you down too far
unvaxxed sp-erm is the ticket lol. sorry you got hit. i got hit for a few grand a few times with crypto. learn from it. don't do anything stupid either, it is only money brother. you can always make more 👍
you do not know how much this means right now, thanks you so much muchísimas gracias de verdad
live and learn. bull run just picking up.
none of us do….
i know it’s not the same amount but one of my first bad experiences was not that long ago (few months back) i kept buying dips in a coin that was plummeting slowly i kept putting in after . day after it collapsed and devs blamed each other and they locked everyone out of reddit and discord. it left me with really bad feeling. i lost half of what i started with. so now i diversify and due lots of dd. i invest small amounts and i can tell you i’m now in a way better place, don’t get down. the experience helped me focus on small to medium steady gains. you just have to be patient 😊.
i know it’s not a consolation but if your into nfts dm your wallet address and i’ll hook you up with an uncanny apes (uncannyapes.com) nft i made who knows maybe this will be worth something on down the line 😊
i'm speaking from experience, i followed this philosophy and now i make more than . not to brag... maybe i was lucky that i chose software engineering and managed to get into the sf bay area were software engineering pay is insane.
meme coins can have amazing return if you find a good one with the right community
bad luck dude. don’t worry about it, it will get better and next time around you’ll be smarter, make money and be relaxed about it. always happy to chat privately as i’ve been through the exact same thing
you are very welcome! 🙂 we are all human and sometimes make decisions that, in retrospect, we might regret although we thought we did the right thing. forgiving oneself and trying to learn and move on is what it is all about, i think. you got this! 🙂
if it makes you feel any better i'm 26 and never had more than 3k in savings, you'll be fine
your life have barely started. it’s not like you lost you job, home and kids. don’t worry. learn from your mistake and don’t do futures again.
fomo is worse than heroin... make a plan - work the plan plan for the worst - hope for the best the only quick buck you'll ever make will be pure luck never confuse pure luck with planning ' only advice i can give you other than learn from it and do it right next time.
i was not trying to be mean or rude, this is a harse reality of the finance (casino) world. on the bright side, it is crypto. you'll make it back! i've only lost 80k this year
for sure it’s a lot of money for you as a student … learn from it … breathe in breathe out…... have a good sleep. if you have a car and crash it… you can lose much more
por eso no tienes que hacer ni putisimo caso a nada que diga nadie en internet referente a cryptos
im sure you’ll recover mate. thats not very much, i thought it was 8 mill and was like yea shit. but 8k. youll be right
actually you have to apply to even be able to participate in futures trading through a bank here in canada. there are multiple tiers of access to futures trading depending on your liquidity and ability to take on risk.
wait you mean those gambling websites that targeted teens but were sued to oblivion because of regulation and made companies like blizzard and activision change how they deliver lootboxes? hhm
oh damn, thx for the answer
did you use stop losses?
ok bro i hope you can bounce back 🙏
true. and as true degenerates, we aped in
thanks for the spirits.
vet been in it since 2019 so i’m happy :)
you too can learn to scam and scam others! dont give up!
thanks for the support, but i need to make all the losses back the old way mining fiat in the real world, then maybe i'll get back buying and holding long term. i'm sorry for your loss too, glad you got the will to keep on going, i'm feeling depressed and hopeless now though.
? the fuck is this?
no i do not even want to know what options are
i do not like futures anymore, but thanks for the advice!
i am very interested in indoor farming. what are the relevant stocks and crypto for it? got more alpha or even better a group or thiscord fo this stuff?
it was 100% of my money
when playing with leverage, it is a certainty that you will lose your money, esp if you go 10x or 50x or 100x. they have automatic market makers who have billions to move the price against leveraged traders, vacuuming up retail traders. like i keep telling the friends and family. just buy bitcoin and hodl...
thanks for the support, it will be a slow and painful way back...
i got into crypto subreddits after i started losing on futures. i only heard people talk about it in a negative way a few days ago, i guess i did not see it soon enough.
isn’t that just gamblers fallacy with extra steps?
sorry to hear that. i hope you have recovered mentally and financially? 🙏🏻
gotta cash those out before halloween.
seeing my luck i'd probably buy before a massive dip or something like that.
thanks so much for the support i really appreciate it :)
this right here. diversify and get your foot in that door!
thanks so much for the support
thanks, there were some horrible thoughts crossing my head lately, i appreciate the support :)
i'll try this once i get back all the money i lost. i need to work hard now in the real world.
well i bet that has something to do with it, here in spain jobs do not pay a lot, maybe 2000, you would have to be lucky af
makes me feel even more guilty and stupid that i lost so much in comparison :(
and to get out of futures immediately
i'm sorry for your loss i hope you make it back. i will never make this mistake again, you're right, i treated it as a casino and this is what it got me. i know i deserve it and i feel incredibly guilty, i think i'll take a break and perhaps come back with a sound strategy (away from futures) once i make enough money to cover the loss.
that's right thanks for putting it into perspective
hombre si hubiera hecho caso a que no me metiera en futures me hubiera venido bien xd
hmm, i did not know that about our neighbors to the north. here in the us, you can literally trade options on robinhood with your entire account balance by clicking a few buttons.
i did, but several - 10% losses in a row if you're using too much leverage leads to 0. also got liquidated several times before i could even write in the stop loss number.
do it the ole fashioned way, dca, diversify (beyond crypto too), and it’ll build up again. it’s just not as sexy as getting rich fast.
i got in this year but damn does it have big potential. that 11% today was also nice. vex has awoken the sleeping giant
that's exactly what i heard put of that lmao
this is a gambling problem youre facing, not a crypto issue. futures are 100x worse than slots and casino in general
dca into btc like 20 bucks a check, at least. then you'll at least be building up some savings.
for you it might not be much, but for us its a year worth savings
lol i agree, better not to have more than one way to gamble.
tbh i've held only 3 companies related hydroponic farming. i believe this will be an important part of my "climate crisis portfolio". you'll notice now that land is becoming more and more scarce and when the sea level rises and the temperatures along with it... thisaster for agriculture and obviously everything else but food is essential. so my play for that besides actually buying land (the best investment) is to invest in hydroponic farming and agricultural land repurpousing ( this is where they buy plots from people not farming correctly and come in and do the job efficiently) sad part is i've only been doing well with hydrofarms holdings group and that is not from dca'ing
that’s literally about 2 months of expenses for the average family. that’s not shit
sorry to see your losses man. but it is far from over, start weekly investing and just dca, dont use leverage and just buy crypto the regular way, over time you will make money
don’t fuck around with this shit. buy solid projects and hold. you’re too greedy to make a profit on this kind of high stakes gambling.
just shamelessly promoting lrc. hope it will help to bring your gains back. but stay away from leverage.
crypto is risky and volatile enough already without adding leverage (risk multiplier). i’ve never touched it bc i know i can’t handle that kind of thing. people can make a lot of money with it but they’re essentially lottery tickets.
even the worst drunks have to sleep it off once in awhile.
it is unless he learns from his mistakes and stops gambling, learns how to manage risk
stop trying to time the market and just spend time in the market. dca... buy actual coins and tokens and let them do their thing. just as others have said. don't do anything dumb, like self harm... i understand the depression is hard... but the world is a better place with you in it and how are you going to enjoy the ride up with crypto if you're not here?? there are people... lots of people, that drop 10 or 20 bucks a week into their portfolio. the amount does not matter. just a bit, here and there and eventually, you'll start seeing some results. good luck, op. we're cheering for you!
cheer up, plenty of people would love to be in your place for millions (and ) of reasons
i moved here from a country with a similar difference in pay. you can too, if you want. they say luck = preparation and opportunity. i wanted to get into the sf bay area, which lead to me preparing and finding a way in. you're gonna make a bunch of money the first year in spain too, do the math :)
ome eso si xd
that's the lesson i have learnt from all of this. get rich fast means getting poor fast.
do you recommend btc or is there any other project you think is more appropriate long term?
thanks for putting it into perspective, hope i will make it back.
depends where you live
wdym, to some people that is a lot of money. in my country it is and it is not a poor country. (mexico).
i will never leverage again, at least this taught me that. i will look into lrc long term in the future, i need a break now
i’ve been holding lrc for months and sold a bit of it recently not realizing why it was jumping so much... but apparently there’s a solid gamestop rumor behind it. welp i’ll hold the rest
you're absolutely right. i was relatively new to this and seemed like it had immense potential to get rich fast.
i really appreciate the support it really helps, let us hope you're right!
for sure, and if you like the adrenaline rush for risky ventures, do it with 5% of your stack, not the whole thing.
you’re never gonna forget losing that 8k. but that’s a good thing. you could’ve made the mistake with 40k. i know that doesn’t make you feel better but it’s gonna be ok. now is the time to collect yourself and make a plan for how to grow money in a responsible way. stay strong buddy
set up automated weekly buys of btc, eth, ada or whatever you believe in. -10 a week will add up. no need to get rich quick and gamble everything away. slow and steady wins the race dude.
btc long term, it’s the only crypto in a league of its own not competing with other projects, you won’t 100x your money but it’s better than risking it on altcoins and you’ll beat inflation. hopefully you make your money back soon mate
sounds like you need to work over time or find a job that pays more. you should be able to cash flow that in 2 months dude. seriously in the grand scheme it’s nothing.
it’s just not that much money
ye the rumor is really just the frosting, it’s an amazing protocol with zkrollup on l2 with a free counterfactual wallet coming in the coming weeks. announcement with gme for a new marketplace before q4 2021 is already revealed from the loopring team. edit: it is not announced that it is with gme but that’s what the rumor and leaks shows
this is what i tried doing at first, but i got extremely greedy and spiraled out of control.
i should have stuck to this from the beginning
i live in spain where jobs are not that well paid plus i'm a student full time. it might be more difficult but i really appreciate the support :)
i don’t even make 8k in 3 months
sounds like you might have impulse or gambling tendencies by the language you used such as spiraled out of control. i’d write down your long term financial goals, set some stop loss limits, and get to the bottom of why you spiraled out of control the first time so it doesn’t happen again. this is coming from someone who used to have impulse tendencies as well. truly, it will help you long term. i wish you success.
first one is free. godspeed retard!
me same, but i started just this past march and i’m really happy with the results so far.
this is the best time in your life to take risks, fuck up and move forward! trust me friend. you’re going to be immensely grateful that you uncovered how risky these things are now. take some time to enjoy the world around you for the next few days or however long you need. go do something nice for a neighbor, whatever helps you feel right. you will do great things in your life so it’s important that you care for yourself and give yourself the chance to keep on growing.
if you’re still a student you’re young. you have time on your side and i hope you learn from this. in the larger scheme of things, 8k is not a lot. don’t let this stop you from investing. once we get a large correction in the markets that will be a good time to start looking. invest in the good projects — solana, eth, btc, ada, link, dot etc. if most your money is in good projects you believe in you will do well. you’ll have time to accumulate some capital during the crypto winter and hopefully be ready for the next one. be smarter next time and you should certainly be able to make back your lost capital.
oh shit you better move to america
i've never had gambling problems and i've been in crypto for some months now. it was the futures feature that felt different, i guess like the rush you feel at the casino. i used to be a level headed trader and made some profits, but you're right, there are some impulsive tendencies i did not know i had until now.
me too, just started the weekly buys of btc, eth, ltc, it feels great, i never miss a dip, i may drop the percentage in ltc and put more into btc and eth, btc is king, weekly buys, have fun, and throw a couple bucks at meme coins every once and awhile or when you feel like fomo on a meme coin throw that money at btc or eth, no regrets there
thank you so much for the kind words i really needed this :)
thank you, i will try to gain back the money the old way and maybe i'll get back to buying and holding once i bounce back, i'm definitely not feeling it now, need a break
first off, this is a bull run for crypto this year which is insane and sexy. seasoned traders also know what’s happens when there are winters. secondly, options. you will need to master your impulses before you can become the best investor you can be.
this isn’t the end friend. an expensive lesson though. a fair amount of us (myself included) have had them. you will dust yourself off, and get back in the green sooner than you think.
there is a reason we call you europoors
definitely this man. pajama traders have been losing theur ass on stock futures since the dawn of time too. the good news is, that it has never before been easier to reset and recover from bad losses if you play it right. take it slow, and go back to the basics.
there are a lot of jobs being outsourced to europe right now though. not sure why he isn’t finding one. i’m employed by ameridaddies currently and enjoying life in an island in asia.
well he said he’s in college
**user report** :--:--:--:-- **total submissions**15**first seen in wsbc**2 months ago **total comments**8**previous dd** **account age**9 months[^scan ^comment ]( ^submission ](
i just wanna pay down some debt and go to disney world.
...i will never understand why someone wants to buy a high priced volkswagen though...;)
"keep your seed phrase safe and lambos too"
"truer words were never spoken."
talked with someone yesterday who made a 70x on his 200, its wild
what went down with gyen?
perhaps disney will make a ride that imitates going to the moon.
leverage or shitcoin, probably both.
actually on the , there was no presale and the coin was extremly under the radar , it 10x again after that 70x that guy had , ah and i should propably mention that its a pretty good looking upcoming play2earn game , from actual game devs with alot of exp
**user report** :--:--:--:-- **total submissions**44**first seen in wsbc**3 months ago **total comments**27**previous dd** **account age**11 months[^scan ^comment ]( ^submission ](
that’s exactly what i imagined the bitcoin ceo would look like 😂
i love it when the ceo does that!
it is okay. this is just transitory./^(s)
bitcoin ceo selling off all of his coins to retire. but hey popcorn apes, he’s selling them to us at a thiscount! so we can buy more! 😈🤡
*holds hand up yes yes, lambo to the moon. yes indeed yes yes *vroom *vroom
*that's not how the force works.*
lss and near all day
what hungover or having a stroke?
do you not know who that is?
i think it is really a supply chain issue... btc corp has benefited from covid due to consumer demand for bitcoin-based consumer goods but prevailing economic conditions (i.e. fiat currency stimulus and resultant inflation) has created excessive burden on bitcoin-retailers and now that supply for new coin delivery has failed to meet demand from buyers, investors are acting by moving their funds into other sectors of the crypto economy. nakamoto is under fire from institutional investors and in the last quarerly earnings call some called for his resignation.the issue of course is that his private keys are locked under contract. the board still appears to be in favour of retaining nakamoto as figurehead at least for now, however further price dips in the organisation's stock price may force reconsideration. for now, the ceos future is as uncertain as 's q1 earnings forecast.
"i lost my private keys does anyone have spare change for the bus?"
keep him on! keep him on!
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all the comments in this thread are shills. very bad shills at that, none speak english well. fuck a coin who sends these retards to shill their project on reddit
bigger than eth yet its a erc20 token
lol what is this shitcoin, bigger than eth and btc my ass. half the comments here are not even real
finally a very special gem. this coin has the real potential. let's go beyond protocol!
uncanny to see those generic bot replies here. turns me off if a project needs to take this route of marketing. op what is their scaling solution for millions of tps?
the motto of the project shocked me! "bigger than bitcoin", this is meaning of promising
downvote this to hell. so many bots everywhere in the post
how does one buy beyond?
downvote this shitcoin and their shilling bots please!!!
seemscool. it can bring me a nice profit. seems worth a try.
what a project! i love it, im in. this project have a potential. people who did not take will regret when they saw this project in the moon!!
looking good, i trust this project, lets go to the mooon!!
a good project and strong team in a predictable and transparent road map , planned and projected. i think in the near future we will see an unprecedented growth of this project.
checked out all project. don't miss the rocket guys!
such a great team behind this project. will definitely buy some waiting for the presale.
wonderfull project. it has lots of potentials. such a great opportunity to join this project. best of luck.
i love this project, this coin! simply amazing! i initially bought a little but then i re-read what the dev's vision for this project is and i just bought more. definitely worth it!
your project is very good, the whitepaper is also very clear, i hope your project can be successful and successful in the future, i also hope the community can grow even bigger than now
this is a life-saving project, and it fits like a glove in times of crisis. it feels solid, reliable and has a good future. we support it 100%.
this is the one that people will talk about. definitely a game changer. let's go ! we all go to moon together!
i’ve taken a look at their website must say i’m impressed. curious what the future will bring for this one and cannot wait for fair launch.
no jon manzi is a scam artist with negative liquidity
i believe this is a faithful project.the projector has a lot of attractions so hopefully the project will be better in the future and will be the best.
great read man, looks interesting. are you looking at any other projects? i hear a lot of people about strongnode. they work on edge computing that is leveraged on blockchain. i was wondering if i should invest in their ido.
can someone explain what is special about "one line of code"...for context, i'm new to block-chains, but even so...my gut tells me if something is so simple, is that to say it is 'unsophisticated' (whatever that may be) or...idk, prone to attack somehow? i'm not really understanding the usefulness of such a code, but am willing to listen. tia
is it worth it to put anything into these coins? saw this website and made me wonder. any thoughts? could it be wrong?
hey y'all should definitely check out this itsmyne project it is really got some steam let us hop on and hope it takes us to the moon
yeah been checking this out and it has no real substance, all hype. the white paper tries to sound technical but is all fluffy high level hype words. they name drop like crazy but exaggerate the relationships. no good real world implementation after years of dev? nahhh hard pass from me.
every launch has a big dump say it again
bitcoin is not secure chief. transparency comes with a price. none of these networks are "unhackable" as long as an outside party has access to the data stream. sure is it difficult compared to hacking win98? absolutely, i'd even go so far as to say improbable, but impossible? no bitcoin is not a good store of value as it degrades the value of other assets. the costs of mining alone outweigh any benefit bitcoin may have had in the start. these analysts saying 100k by 2022 are delusional. eventually bitcoin will collapse under its own unbalanced weight and it is basic lack of utility will see the end of that story forget eth. until it switches to proof-of-stake the network fees make trading impossible for the average investor. who tf is paying . probably the biggest ponzi scheme of all time i am, however, interested to see about bp. it's certainly not the only interesting project going on. fetch.ai has some pretty cool ideas on how to improve blockchain systems for autonomous use and machine learning. but like i said. none of these are unhackable. in fact if you look at data sheets provides by white hat analysts it is actually possible to alter blocks through timestamps as btc protocol allows 2 hours back and two hours ahead for transaction records
nothing to do with this post i’m not a bot. buy rocket busd🚀 don’t miss out
anyone who bought this when this was posted will be down bad.
check out mytheorite () as well 🔥 low mcap just launched a little over a month ago, fair launched and locked liquidity for 1 year with dxsale!
well this didnt age well
someone put the time and effort getting this upvoted and shilled prolly was a packaged deal. all the comments sound like 1 person rewriting the same sentence over and over welcome to pump and dumb
that's what i was thinking. a lot of big words that mean essentially nothing. erc20 are essentially ethereum tokens if i'm not mistaken. i cannot say i did a bunch of research on this but you cannot bullshit a bullshitter. wtf is deep tech and if this is a coin how tf is it going to stop hackers.
yes to this. these guys are the ones they hired to shill? 😂
it aged like milk
ya but they said steve aoki and i’m pretty sure he’s famous for crypto and texas roadhouse.
check out coingecko to see where any coin is listed on for future coins
that is the chance of this?!?!?
“have a potential” 🤣🤣
you're going to see this project in the moon. 🤣
where can you buy it?
if they hadn’t actually out that this could easily have tricked people
no matter the coin ppl just say this so more ppl ape. literally copy paste
are you saying coungecko pre emptively lists exchanges for coins? tia someone claimed they were trading on uniswap but i have not verified yet.
i'm crying 🤣 low effort shill 🤣🤣
depending on what your definition of the word “this” is, of course 😂🤣
you heard him! the chance of this is here!
have a potential, on me!!
im very late i know, but i must say im not too unhappy sering these people ”in the moon” 😂😂
did you have any luck learning more? so far i've seen someone reference uniswap but i'm still looking.
no :( i'm also suspicious about this one though... found a few similar posts that indicate all commenters may be bots or people involved trying to pump up hype...
take a look into radix instead. it's a serious project with a solution for unlimited scalability with atomic composability. i asked op about their scaling solution and never got an answer.
oh yea...yeesh. this sub is essentially a financial minefield. i'm going to keep an eye on this one because the premise seems useful, but yea, i catch your drift. these people must be buying all these post awards haha
they get like 7000+ up votes but only 10-15 comments which always seems fishy to me... edit - sorry around 150 comments now but when i commented there were only around 15 comments and 6000 up votes...
mini floki? how cute. so it’s like a mini scam. tiny. you won’t even feel a thing. fuck this shit
scam, any project that has that trill dude, is a scam, beware.
here's the transaction where they transfer the contract holdings to an unlocked dev wallet — here's that wallet us holdings (currently 75 bnb) —
been here since day 1. seems unwavering in how hard they work to make this a success. yesterday's insane chart shows just what they are capable of. ignore the fudders here in comments - likely salty babyfloki holders 🤣
buy flokinomics its exploding. look at it ffs
i’m in marvinomics and diamondhanding. join me.
folks committing fraud will be in prison eventually. a tough crack down is on the way as part of the regulation. most coins will thisappear and a lot will lose their hard earned money. so sad!
scam not online now
’t 1000 coins a day this might be a good one ‪ buyhold online
classic pump and dump scam
check out skullyboys.io mint is happening now
murphycat - real life story - nfts, songs, comics - doxxed dev german project - usdt rewards up to 12% - murphy cat marketplace ⁃ already on fegex exchange! -5000 !!!
is that today or sometime last week?
trill, st nick, cryptogod, big stonkz all of them are scammers. they recycle projects and scam people.
and you find their names on the team? theres a few small caps that went parabolic on coinmarket and i want to get in early but definitely not get scammed
and why wouldn’t they, it’s perfectly legal and people are willing to pay for the coins. market manipulation being allowed is the only problem defi hasn’t solved yet
they’re scammers they create projects and then dump on new investors and wait till they die out.
order top 1 post on cryptomoonshots tg: cryptomoonshotsservice
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is just got in on owldao similar project already up 150%
check below playtoearn crypto games!! crypto royale : free-to-play. play-to-earn game, 73% apy by holding roy coinhunt world: earn cryptocurrency playing coin hunt! thetan empire: have seen good reviews on the multiple reddit groups. the legends of elumia: this is also play to earn game polker game : blockchain based game. free to play & play to earn nft. although, hasn't launched yet. give your more opinions on the best crypto play to earn games. it will help more crypto gamers to select the best games. here best games means users must get some rewards in form of nft's or tokens. please suggest more upcoming nft games which are based on blockchain.
wow that is amazing project
nice project, i'm in
i trusted this team i think nice project
wait for me moon i am coming to you
looks very promising token. i think this coin has the real potential. lets go to the moon🚀
im gonna add some to my wallet
admin is so clever i like admin
i think this coin has a great potential. i trusted to this dev team. lets go to the moon.🚀
finally a great project. i trusted to this dev. its gonna fly to the moon🚀
finally a very special gem. this coin has the real potential. lfg!!
lets go moon together
looks very promising project. i trusted to this dev team. i think its gonna fly to the moon.
crazy project! im gonna invest some guys 🌝
we gonna make huge gainnzzz🥰
whitepaper is solid. look's like we have a realiable team this one.
hope i can win the 1 bnb giveaway
this is a great post.
interesting project!! love it!!
wow, this sounds like a real utility project, not another shitcoin degen play. i'm in! can't wait for the lotto draw next week!!!
i can see since buying that the 'decentra' part is going to cover a whole eco system, which is very exciting, and having just listened to the voice chat i'm very confident in the team. theyy're familiar faces from other tokens i've invested in over the last year who were always above board. now theyre putting their multiple talents together to cover all the bases a crypto project needs. going back to the lottery part, its a modern take on the lottery in terms of stats such as what your odds of winning are, thiscounts for multiple buys, plus excellent tokenomics to benefit the coin in terms of a tax for marketing as well as the typical reflection for the prize and for hodlers. the ui looks sleek too. the first prize is + after only a few hours of launch, and with lots of press releases and other marketing going out this week its gonna grow substantially before the inaugural draw at the end of week 1. decentra-lotto has a long bright future ahead of it
hey everyone! i’m the lead dev, i can assure you that this project is safu and we are going places! don’t just take my word for it, come check out our telegram and see for yourself how awesome our community is! 🔥😎
the name is a play on ada but… on bsc? also beware, there’s a ton of obviously fake comments on this post. somebody wants your money.
i have not seen such a good coin in a long time. i'm getting it right now
team looks professional and cares about investers, i love this team.
very nice project😎. i would not sell before 1m market cap
good enough for me. i've been waiting a long time for a token like this.
well get in now well cheap in a week or 2 you be paying some high prices... lets go radar
this team is top notch and cares about the community. any opinions you have, it will be taken into consideration and not just thrown out like a piece of trash. it’s a long term and the rewards are a bonus. not to mention the nft market place and the radius app that’s being released. ooof radar to the moon.
finally a great project. promising dev team. its gonna fly to the moon
if you want make big profits with low efforts, that is the chance of this.
probably its will be best launch of month, bags are full lets do it!
i have good feelings about this project, tokenomics looks very good.
i need to see more details of this project, dm me
i'm hyped af for this, actual project with long term usecases, wouldnt shock me if we see this on binance in six months time
one of the best coins i have ever seen.
seems cool. i̇t can bring me a nice profit. seems worth a try.
seems cool team. i trust the team. seems worth a try.
admin is a soo clever person i liked admin
i added some to my wallet, saw the future
i'm going to sink my life savings into this useless piece of shit i'm sure this token has genuine long term value and it will genuinely be in demand for some unfathomable reason.
so many awards...so little safu...wen lock?
it’s me. i want your money.
yeah it’s not. i’m the dev. come talk to me in our telegram and you’ll see it not. maybe you’re just from a competing project?
literally had the same thought xd
*joke’s on you!* but for real, this one’s a scam.
i like the audit that is always the first box to tick off for me to buy. so being the dev, what other security do you offer to a potential buyer?
i’m the dev and i can assure you it isn’t. we’ve done an audit and kyc through solidproof. scamming the holders equals time in jail for me 👍
yea i want the money too...lol yea no contract lock means scamzilla
babykrypto is a scam. wasn’t fair launch at all. they had a private sale. straight from the devs mouth.
flokinomics guys flokinomics is exploooooooooooding
sounds great...and sounds like we can get pregnant in the thrust zone. love it
my tokens are getting siphoned, i had over 600 mil, woke up with 550.
what does that mean exactly? i had a whole bunch and they are goine.
basically the way the tokenomics work is that they siphon tokens from all holders and use them to burn, therefore decreasing the supply and making the price go up. the flaw is that while the token price goes up, we lose tokens so we don’t actually really make money
very cool looking project!
lets shill this token!
it's fun not just elegant!
this shapes blew my mind.
let me take a nap... great shot, anyway.
love your job :)
this is fresh work.
red. trying it now.
excellent work you have here.
strong m8 i love the use of typography and gradient!
this shot has navigated right into my heart.
this is actually a legit project. dev doxxed and great marketing campaign already underway
incredible! i want to make love to the use of playfulness and blur!
designgasmed all over this!
this is radiant work mate
nice use of contrast in this idea dude
this atmosphere blew my mind.
amazing work you have here.
> , with rewards bigger than the entire + . #📖 [whitepaper]( # 🚀 new 🌕🌑 golden ratio defi igniting cxc.world beta economy. get there 👨‍🚀 r.land+ bludac.io
lol what a scam. good thing it never took off...
be sure to do your own diligence. assume that every project posted is a scam. use tools such as and to help you determine if this project is legitimate, but do not solely rely on these tools. be sure to read comments, particularly those who are downvoted, and warn your fellow redditors against scams. *i am a bot, and this action was performed automatically. please [contact the moderators of this subreddit](/?to=) if you have any questions or concerns.*
this project is going to be huge!!! amazing team working on this and they are very transparent. highly recommend grabbing a bag and waiting for their wallet release in 2. join the tg and watch their amas
what caused the price increase today? new listing?
being here since day one. this guys are working very hard on this. legit project 100%.
the moment this platform comes out, i'll be the first to sign up, seriously. this is game-changing 🚀
i can really see this going to the moon!
this is going to blow up soon 🤯
this is a huge project
i’m all in on this token. legit good project and will make future investments easy to sort out the gems.
we are absolutely ripping . but seriously , check their site out , and you’ll become a true believer .
huge potential!!! cant believe marketcap is stil so low!
ping ping "targeting moon" 🚀🚀🚀
ping!!! let's goooooo! cmc, tyler hill on thursday, marketing firm on board, new partnerships, lfg! so bullish
by far one of the most amazing new projects on bcs. it's a new crypto dashboard that tracks tokens. this could easily be a 100 million dollar coin no doubt. check out the whitepaper and the website guys it is amazing. the team is also huge and always on the voice chat in telegram for any questions.
sonar will break into top 20 cryptos with a proper use case and lots of potential. bullish for sure
ping is a very good project! well done team!
don't miss out on this one 😎💎✋
scam scam scam scam scam scam scam scam scam scam scam scam scam scamscam scam scam scam scam scam scamscam scam scam scam scam scam scamscam scam scam scam scam scam scamscam scam scam scam scam scam scamscam scam scam scam scam scam scam scam scam scam scam scam scam scamscam scam scam scam scam scam scamscam scam scam scam scam scam scamscam scam scam scam scam scam scamscam scam scam scam scam scam scamscam scam scam scam scam scam scam scam scam scam scam scam scam scamscam scam scam scam scam scam scamscam scam scam scam scam scam scamscam scam scam scam scam scam scamscam scam scam scam scam scam scam
🚨🚨gem alert🚨🚨 the first cake reflection token is here!🥞 baby cake just 1 day old 💎 .7% rethistribution to holders in . website: twitter: get in now, thank me later.
don't miss this 👏👍
is the dip over or should i wait for more thiscounts and buy than i’m asking for all crypto?????
project looks good, i'll be investing from my rewards on comethmust. comethmust is an amazing crypto project with a game, nfts and defi. there are lots of awesome rewards on comethmust.
is the best guys .go ape in🚀🚀
is the best coin in adult live cam industry right now
i wish i was day one, i was prob a week and a half or so day person lol i remember i kept buying more being like… why isn’t this coin higher? the wallet concepts are fucking amazing
people do not know what they are missing out upon. a lot of apes busy with memecoins, missing the real gem.
hey! you come here often?
1b dollar coin no doubt
yesssss journey to alt coin status
judging from your post history, you never looked into this project. dyor and it is not a scam. join the tg and watch the amas :)
there's not even a single thing about this project that would point to it being a scam! what is your problem?
yes! literally this whole sub is a scam
you can buy ping on 🥞 pancake swap through trust wallet, if anyone was wondering.
as often as possible
this person is clearly delusional
does trust wallet accept ?
i trust beefy and i've been in cake (later pots) draws, generally big holders win but still i have better chance than my country's national lottery lol. also there is no ticket like pancakeswap lottery thing, you earn token (some part of it goes to lottery pool of course) if you trust beefy vaults, there is no reason not to trust this.
this really could provide wife changing gains! i love pots!
: the astronauts from astronaut have joined ! good luck in the competition!
amazing project created by beefy.finance. this will list on binance by christmas dont miss the rocket this is going to the moon for certain.
soon we will be the winner of mvb iii.
to the moon !
amazing project went back to .50 today, will be !!
jackpots available . get in while its low and win the moon!
if you’re looking for a top notch yield aggregator that creates a stable market for users to trade, then look no further because flurry finance is that project for you.
if you’re into yield farming and you’re not on flurry protocol yet, then you missing the opportunity to tap into the future of yield farming.
flurry will introduce users to new ways of doing yield farming using rhotokens
with flurry protocol, i can say it with my chest that users will engage in lower risks compared to other platforms.
i get that eth is what most yield aggregators use but flurry is planning on going beyond by aiming to deploy flurry on other chains.
with flurry protocol no such things as high gas fee.
worried about your funds getting locked up on some yield aggregators? then, just use flurry protocol. with flurry, users don’t get their funds locked up.
flurry is really trying to take yield generation to another level by implementing top notch features.
yield farming is sure to take a big leap with the launch of the flurry yield farming platform 📈🙌
i’m getting interested in the flurry yield farming platform, i heard they even have a very low gas cost per users.
i see flurry protocol succeeding most yield aggregators, i’m ready to see what they’re truly made of.
might just f%%k around and go full time into yield farming, with flurry protocol.
the future of yield farming is safe with flurry yield farming platform.
most yield aggregators stick to using one chain, but with flurry you get to use different defi protocol cross chain 🚀📈👏
: check all post and comment user histories. this is a scam
with riperdefi all farmers can ease up on accumulating more debt. every farmer needs 📈
farmers earn very little money despite doing loads of work, riperdefi is here to change all these by ensuring farmers get paid first w.
riperdefi has been doing great in both microfinancing and empowerment of farmers.
riperdefi is really trying to solve the financial troubles of small farmers by paying them in cash for their products using .
riperdefi really pulling through for all small farmers in the agricultural sector, keep up the good work 🙌
as a farmer you can never go broke with
riperdefi is every farmer’s pride.
have you heard?? riperdefi gives farmers access to money to better their business through micro financing, it’s a big w for every farmer out here.
, will love to see it moon 🚀💯
it was a flop? you obviously are not part of thoreum and what its doing for it and their new nft about to launch... wait and see what every thunder token is worth on the presale and how it all connects to buying in there nft marketplace 👍 wouldn't want you to join this if you cannot comprehend a good project anyways. good luck with your future investments. 🚀
pots is absolutely not a scam i bought the launch at , have over + cake daily. what about it is a scam ( i did not check user history but i have experience with moonpot)
this guy is spamming all cms posts do your own research check out
spam... please report this account! do your own research check out
spamm report this user please. please do your own research and check out
spam... please report him do your own research check out
spamm report this user. please do your own research and check out
do your own research, i do not know who this guy is specifically. this is not a scam by any means... remove your fud please.
lmao crazy how you commented this, got downvoted and this coin is now sitting at less than a dollar now. wild
check this out from this user!
bullish on this token and nft game, team is legit!!
just clicked on that changelog and omfg those game update features are fire! i'll be playing this for sure. listened into their pinksale ama the other day with over 100 members in there was pretty aold then, but his change log is sick! and seeing them on here too, now i'm definitely gonna be loading up big bags at launch lfg
liking the looks of these tokenomics. interesting and quite different, guess they are looking for sustainably in price floor increases with the sliding tax and auto buybacks. the reduced buy tax feature will bring a whole lot of fomo for sure. glad to see more nft game projects being built on bsc. is this the start of the comeback bnb needs? lmao something innovative here. liking it
i love tower defence and i love crypto. nice teasers and love the whitepaper
best project on bsc
glad to see others boooolish on this, i saw some of the team are also on the dogex team 😎 and that went from 700k to 31m without any use case or utility! this has nfts, nft game, marketplace, dex, chabgelog, amazing tokenomics and whitepaper. dunno about all yall but imma ape in hard on launch, this is easily hitting 500mil once the game drops 1vs1 in a 2-5min game staking tokens? i'll happily make 1bnb worth of tokens in that time! and defo gonna be grouping up to raid against eth gas aliens. after speaking with their team i've realised just how insane this is, gonna blow up huge
that sniper nft character looks outta this world!
just checking this out now, looks pretty good for a leak. look forward to playing this game. that cute chick is kawaii. must be based devs lfg
would absolutely love it seeing chat gaining more members! we thrive off the busy lifestyle we have!! there is not ever a time when main chat is not available for questions to be answered. the admin and guard dawgs team at just utterly next level.
100k grand prize and 10x 5k prices. i'm feeling good about the nft's.
the best project ever!! 2d nfts are amazing, watch when season 2 pets come out too, they are gonna be even better, lfggggg micropets
got mine!! yeah buddy!
having high hopes about , wouldn’t mind investing in this maryj token… very interesting project!!
whoa i missed it is it too late to get in? nice job
just minted a frunkpuppy!! another chance into the giveaway ;)
you are welcome 😁😁
never too late, pomping
wow this chart is insane
and that is not all the team has in store!!! more bullish news gonna be coming soon!! best project i've ever been a part of on bsc, let us gooooo
this is a scam guys. i mean first off pancake swap is already risky, and now you buy this on there. these people i swear commenting the same thing with no analysis or anything. “good job”. looking at all your profiles your all idiots!
copy and paste copycat. lol like an exact copy of gravitoken without the mathematician at the helm. what a joke
shady af. up only is a meme guys.
grx seems great, let us to the moon
project that brings great expectations with solidity and reliability. ideal to venture into the world of crypto. it is worth spreading the information
the project is very good. good job
that is a really great project and gravitx is a best token thanks for share thank you so much
i always tell people to stop aping into pump and dumps, at taking a look at some legit and utility projects like polar fox, they have just raised ! check them out guys for real!
this token has huge potential... to the moon...loving this project and the branding
the marketing is lit, the team is doing a good job i am hyped
let's see what kind of crypt
this pos copied gravitoken code word for word. lmfao
i'm so bullish on this team and project. come listen to an ama.
🍺booze2 is now live!🍺 ✔️official website: 🍺 developer is fully doxxed 🍺 ownership is renounced 🍺 own beer brand 🍺 active community! 🍺 lots of upcoming marketing 🍺 token over 6 months old 🍺0% buy fee 🍺cmc & cg coming soon 💬 tg :
a coin with really good potential.
glad being this early.
a real community token
people will finally be able to raise their money safely.
definitely worth a try.
everyone should take a look!!
this coin have very trustable developers and this developers cares his investors and community.
i've looked into the details. in a corner of my mind
i think it will be very profitable project and we will make a lot of money from it.
nice website 👍 looks good
great job team!! good luck
i finally saw a serious project.
the token has a great idea behind it…. team looks orgnized on tg, very promising
team members were part of other rug pulls… always dyor and be aware!
this is like the best promo event i have ever seen, crypto-air drop is going on people dont miss it... so easy just read and thank me at another time. happy new year every1 xxx
i just invested in this. chart and game looks good!
solchicks is gonna be the no.1 p2e esports game
the game looks great! less than 3 months and the chart is already starting to explode.
is this associated with slam token?
eth gas fees lol
take a peak at mgh dao! the nft market faces numerous problems, such as lack of liquidity, accessibility, transparent pricing and further utility. network rewards for nft or indirect fractionalization through nft pool tokens accessibility by implementing state-of-the-art nft pools ai nft pricing algorithm and oracle for transparent and fair nft valuation curating nfts collaboratively as a dao 🛣 roadmap: 14.10.21 - 14.11.21 token generation event (tge) on thedap.space q4 2021 mgh liquidity pools on dexes, starting with the ocean marketplace on november 14th q4 2021 metaverse nfts curation q1 2022 nft pools mvp and integration of ai valuation oracle q2 2022 nft valuation interface for sandbox lands q3 2022 dao launch q4 2022 nft pools rollout and respective npts check out the useful links below for more information: twitter ( instagram ( linkedin ( medium ( whitepaper v3.0 ( contract (
weird, same happened with wgmi... strong recovery so far ¯\\\_(ツ)\_/¯
this new game is going to be sick
where are all the comments
check out , incentivizing philanthropy by rewarding stake holders and transactions- the tax of which funds charitable projects. bullish af.
🚀 🚀 🚀 🚀 🚀 🚀
all you need is retweet and spend some love on valentines day ❤️ 👶🏻 baby valentine doge ❤️‍🔥2k mc is now live !🚀so we will be the whales before rising at valentine’s day🌹 🔥🔥 baby valentine doge 🔥🔥 🌹next 100x🌹 contract:
did this end up being a rug? i seen this everywhere. not good.
monopoly token system™ () 🎲🚀
playtoearn games are future in gaming!! i have shortlisted some of the best playtoearn crypto games ( ongoing and upcoming ). have a look and give your opinion on it. check below playtoearn crypto games!! polker game : blockchain based game. free to play & play to earn nft. although, hasn't launched yet. users can earn rare nft's from this game while playing. going to be huge in the crypto gaming sector. crypto royale : free-to-play. play-to-earn game, 73% apy by holding roy coinhunt world: earn cryptocurrency playing coin hunt! thetan empire: have seen good reviews on the multiple reddit groups. the legends of elumia: this is also play to earn game give your more opinions on the best crypto play to earn games. it will help more crypto gamers to select the best games. here best games means users must get some rewards in form of nft's or tokens. please suggest more upcoming nft games which are based on blockchain.
bought it the first day it launched. nice to see it here
man bring something like this on niftyisland
flooooooooookinomics -----> flokinomics look it up thank me later
interesting project, once all becomes regulated, this will subive
interesting project, i am genuinely impressed. i cannot wait for my rewards on comethmust to mature for withdrawal tomorrow, so i can quickly invest in this.
so many fake comments
4k likes but hardly any interactions yeh seems legit
it's nice to see projects like this instead of shit and meme projects
i finally found an investment to put my money into
good dev and also read the whitepaper and like it
i see a bright future for this token. to the moon!! 🚀🚀
good application this coin has future
fake comments: check unnecessary emojis in the title: check ✅ i'm all in
another token riding on the dead wave of pet meme shitcoins. won't go far. nfa dyor
jellybean just launched on avalanche network jellybean.finance 💰buy:
have you done any research into it?what wrong with the protocol - i'm curious have you done any research into it?what's wrong with the protocol - i'm curious
not what this is at all- it a fork of tomb finance. just happens to be cat themed
love this token. lambottery is the way. daily and weekly drawings. this will be big.
this ride is going to be sooooo awesome! haven’t been this excited about a token in forever! gambling with the lottery and long term investment combined into one! absolutely recommend this one!!
this is going to take off!
this will be insane gains. it's a new blockchain
be sure to follow r!
great project with a vision for the real gamers that do not have the opportunity to play for the big company teams. tournaments and betting on them for everyone. 😎👍
project looks good. i am in.
pretty good so far
telegram community is the best! just come on in and see.
hi there u, do you have the link for the audit?
i'm all in!!! i just need my rewards on comethmust to mature and be ready for withdrawal by saturday. i can definitely see potential here.
this looks like a slow rug pull graph ngl
does it dynamically rebase when staked like [](
corner investment prove sang tokenomics deep defina right
reeks of rug pull
haha lol rugged like everything else. despite dobo you retards.
safemoon did not tweet about this token
woaw that is really good project
looked into the token, definitely gonna see if i can capture the flag (doge) interested to see what kind of reflections can be gained through the gamefied tokenomics of this coin. excellent work by the dev! i’m in, how deep i get is ytbd.
looks very promising token. i trusted to this dev team. lets go to the moon🚀
i trust the team. may bring me a nice profit. seems worth a try!
it looks very promising. i'm so excited for this one.
finally a great project. i trusted to this dev. i think its gonna fly to the moon🚀
its looks very promising. this coin has the big potential. lets go to the moon🚀
this project has a huge potential 🔥
checkout dexioprotocol, crypto's pokemon go, ar bounty app demos with picture recognition are out. wallet app is out and slick as hell. only 14m market cap check it out. we have a great growing community with more than 7k holders.
if you don’t invest you just don’t like money
damn this one it lit up. don't let "moon" being in the name fool you. this is a whole new level of awesome. it's a new blockchain!
interesting if it is a new block chain. these things always blow up
rico: great opportunity to get involved in a good project
investment back in tether never selling
i ten timed my investment lol just in tether rewards and have not sold a a single token
i am sure if the dev team keep working the way they are, we are going to the fucking mooooonnnnn...
wow crazy rewards and a new generation block chain shittttt not even 2 days old and not 1m yet
honestly in the start i though it was not worth it...but guess what i was wrong lol
wow what a comeback for this token huge doxxed experienced team and new tech🔥🔥
usdt rewards are crazy
trm is the gem of all gems
is the new blockchain under development? if yes then when do you think it will release ?
hey can someone help me buy tokens of tether moon pcs does not s ap itm
killing some zeros today, i can feel it
quickswap listing on coinbase after one hour... buy before that
why on bsc and not on your own chain
come to babycali! we about to fly!!!
what they have done in such amount of short time is amazing. excited to see everown launch
▶️▶️▶️demandeverown🔐◀️◀️◀️ \ empowers investors and developers to increase a projects longevity after renouncement by allowing contract evolution with fixes and improvements through community voting. everrise is here to make the safest place for all investors and to make the network rug pull and scam free. with , we all !
incredible team and community. so blessed to be apart of it
simply cannot wait for tomorrow. everown is releasing. finally a team that delivers. everown is going to revolutionize the defi space by giving security back to investors!! no more rug pulls by slow liquidity drain!!! from this point forward i will only invest in projects using everown. not to mention revenues go back to the community. 50% to the kraken and 25% auto bought back increasing my reflections!!! how cool! not even poocoin gives revenue back to their holders. by far the best investment on bsc. everrise is going places! don’t miss the rocket ship! going to go buy some more!
best opportunity to load up on everrise. the run to the top is just starting. join the tg. awesome community! the everown dapp (contract renowncement and community vote to unlock contract for changes) will generate income . 50% of dapp revenue to the buyback (kraken) and 25% divided amongst community as reflections. this is unprecedented. our dev titan is using business profit to pump back into the token price. after token buyback, they get torched. hyperdeflationary=hyper profit
the end of rugs is near!
the day we've all been waiting for! proud to be an early investor in this project and so proud of the team!!
been in since launch and cannot fault the team or the community! this project will change everything. please dyor but the everrise family is one in a million, you would not regret joining the project and being a part of history!
this is the future!
amazing project, with aims to clean up the bsc space. they will do it with the team they have... no doubts in my mind at all!!
everrise has singlehandedly redefined my standards for bsc project review, due to the manner in which their company, and, the security tools now available to the space. i won’t accept anything less going forward from any project.
the bsc changes tomorrow forever! 🔥
everrise is going to go down in history for bringing security to not only the bsc (to start) but to the eth chain (and beyond) as well. i highly recommend studying our [white paper]( examining our [core team]( (look into the their qualifications), and keeping an eye out for how [our utility]( *aims to solve a lot of the issues in defi today*. tomorrow starts this process with the release of **everown**: where **devs can renounce ownership of their smart contract and actually be able to get it back**, with a community vote. titan, the everrise ceo, founder, and master coder, who was the first to implement the buyback system into crypto - aka "**the kraken**", is currently working on his hand written ethereum bridge so **everown** can help keep people from getting rugged. **eversale** is coming. **everwallet** (not your typical wallet, actual true security that works with your existing wallet to add an extra layer of security, and this list of everrise utility is growing. everrise launched on the 15th of june and our first dapp (**everown**) is again being released tomorrow 9.8.21. we're not like other tokens that announce utility and it never comes to fruition. i could go on and on and on but please take a look at [ and hit us up in our tg group. our community is like no other and **you'd be hard pressed** to find more intelligent, respectful, insightful, and funny people in one place anywhere (in crypto, at least). lastly... everrise is a longer-hold-type project with the ability to 1000x over time (my opinion) so if you jump in and ask "wen moon", you would not be ridiculed at all. you'll be welcomed and any of your questions will be answered. thank you for reading this and good luck either way!!
everown will make it hard to scam or rugpull !
everyone should know us by now. tomorrow will be game changing. big shout out to the team!👌
is going to change the space for the better by providing security.
everrise will moon so hard! everown will greate huge demand for the
everrise best project on bsc
what a time to be alive - so excited to see what this is going to mean for defi and bsc space!
i’ve been in so many bsc projects that promised utility and dapps and after delay after delay they never come and end up floundering back to zero. but everrise has truly impressed me. titan set a goal and nailed it all under 3 months time since launch. with more groundbreaking security dapps on the way everrise is an easy long hold that will moon hard in time.
really enjoying this project, so many components that make it a sound investment, and now products are starting to release on top of it all.
most stable token in crypto. and we can chose to buyback anytime.
no more rugs and scams!
it will revolutionized bsc !
this is the one that people will talk about. definitely a game changer. let's go ! we all together!
this is about to explode 🤯
if you missed safemoon , rise everrise token is your redemption! the fomo is gonna kick in after a few months of everown gaining a ton of partnerships with new bsc coins and bsc tokens that come out. this is gonna a monster, it includes a kraken to preserve your wealth and it has a burning deflationary mechanism. this is an easy 1000x when you include all these features!
when you know that the bsc needs a shake up...everrise will be there to help do just that.
the day is here!!
the commitment to make the crypto space more trustworthy by the everrise team is incredible.
good defi project right here. i think i would be investing in this project immediately my rewards from comethmust matures in two days time, and is ready for withdrawal.
so incredible having such a qualified team that delivers!!!! true professionals
exactly. from this point forward i see no point in investing in anything unless liquidity is locked in the everown contract. things have gotten out of control and rise is gonna fix that.
yup. every community should demand everown the bsc will forever be remembered by everown and not the pathetic place it was before titan came along
best in the bsc
as is a new standard!
feels good to be proud of a bag for a change. most i couldn’t even name in front of mixed company at one point, no more.
watching this project mature and conquer challenges has been my hobby for nearly three months, glad to be a part of it.
and the future is bright 🤩🤩
agreed. the brainpower behind this team and community never fails to remind me that i’m in the right place. my grandpop used to say if you’re not the smartest one in the room, it’s the right room for you.
not for long 😉
so impressive. this team is genius and professional. hands down best team on bsc
it's a safer way of renouncing the contract and liquidity for sure! if a dev wont use everown, i'd sell
yup! squad is deep. we all know what's going to happen here. given enough time we will be a top altcoin.
he was, about a lot of things actually. he’d be an everriser. might call me crazy but he’d jump in just to take a ride with me.
: check all post and comment user histories. notice the suspicious amount of upvotes on posts in a short amount of time. is a scam
yee yee! this things rollin
well, let us see what happens
it’s on a nice dip right now
project had a great launch and is heading back to the moon!
awesome project! great rewards!
absolutely epic project. the dev is based and experienced mod& helpful tokenomics are amazing both auto bnb rewards and reflections! 10
microshiba to the moonnnn
don’t miss these gains!
don't miss the train... next station ? pluton !
look at these comments... can you feel the hype for this!?!? ❤❤❤
let's go boys!! to the moon!!!!
hahahaha all these comments y’all are complete and utter retards
i would not sell a damn thing until 10m mc at the very least, this can go easily 100m
doge tycoon whitelist & ,000 giveaway ends in one hour
i forgot to mention how hype the chat is and vc is always active with team members in case you need a hug or a friend.
hahahha are you that stupid rip society
how does it feel now fucking idiot
and all these bots saying best project lmfao rug pull
you buy the top or something?
nice project, this project has big potential. dont miss it guys
with this reliable team, this token is going to moon
very cool ,amazing and promising project again.i cant imagine that reddit could be useful like this. im in!
this token is future
great devs strong community
very cool project and awesome team behind it they really do care about the community
charts looking bullish imo nice wedge forming, waiting for that breakout!
seems good.i can get nice profit
such an interesting project right there. the future looks promising
spectacular project as if to close with a flourish this week. eye-catching numbers, feels solid and reliable. thank you. i will spread the news
team looks professional and cares about investers, i love this team!
love this project i think it’s going to be huge in future
they're in talks with a top 10 exchange. matter of time before the reverse
love this project the marketplace and staking is truly one of a kind. 55k holders and extreme marketing campaign already had 2 billboards 1 in new york and one in front of space ex! more coming on the 29th don’t sleep on this gem.
waiting for nanopets too!
got listed on cdc defi list today, so i think somethings happening soon there too.
interesting project, i like the hype behind it. this is the first nft gaming project i have seen since my investment in comethmust that does not look like a total joke. it would be great if the developers can actually see this through to the end. i have the same intuition i did in comethmust and it worked out great for me.
it's been 3 months and dkyc continues to be one of the most ambitious yet most underrated project on bsc. dkyc is truly revolutionizing the defi space with their crpytocurrency bridge directly to real world spending anonymously. there are big plans for dkyc with their enterprise level contactless payment and being an anonymous payment gateway, we will make a big impact to the metaverse. the tier system is launching very soon and our nft with real utilities will be launching on 23 december for presale and 24 christmas for public sale. don't miss this chance to join our revolution.
and will be forcefully regulated and deanonymized in future if it becomes successful.
devs muting and banning people who have different points of view over weeks, so its not allowed to speak freely in the that community. babycardano stopped trading -> rename to cardanoevo and glitch at launch lost money for a lot of investors -> stop trading again and -> third launch! i could bring more to the table but its a waste of time. take care
hi ! what’s the use case ?
i am really excited for this i am coming to your telegram group for more info right away
i’ve taken a look at their website must say i’m impressed. curious what the future will bring for this one.
is this the easiest 1000x?
hi! use case of the token is a reward token with a self-arbitraging code that took over 14 months to develop to self stabilize across multiple exchanges.
most definitely they will.
i don’t doubt you worked on it. i’m just wondering once the initial flow of money kicks in how are you going to maintain interest in buy.
yo let us moon this bad boy
damn this game is actually legit, is it 2player ?
crazy potential on this one...
good name and concept does get more users and investors.
this will easily 10x from where it is at currently! get in while you still can!!
this gonna be something special.
a promising project, which can be of great help in times of crisis. the numbers show that it can grow, with a long life projection, solid and reliable. let's support him and wish him the best of luck.
this token has huge potential...
invested into this myself, this has to potential to reach 1bn market cap and higher. i've joined the telegram and the developers know what they are doing and doing their best to make the project succeed - make sure to buy now before this does 100
why is this comment posted twice by 2 different accounts?
rugpull! just scammed everyone!
that is what i liked. i was looking for something like this for a long time
what a nice gem! let’s see
this gonna be something special
2300 upvotes and only 1 comment that is not shadow banned lmfaoooooooooo also, their telegram has nothing on it. just all bits being added to the group to increase member count. if you buy this, you are stupid
galaxy heroes coin was introduced as a community-driven token geared towards fellow superhero fans. ghc is using the binance smart chain as their network to provide one of the lowest gas fees possible. be a hero, a galaxy hero, if you're interested in superheroes, you will love galaxy heroes coin. the roadmap has galaxy nfts, full farm, nft platforms, and a gaming app. the developer is 100% doxxed and plans to give back to his community with members that have been rugged. that is why he is dedicating 5% from nft sales back to his community.
i believe this is one of the fantastic projects to grasp the community’s attention with its strength, innovations, simplicity, and abilities so be a part of this project. do not miss this great opportunity. \
that is a really great project and chopper inu is a best token thanks for share thank you so much
i see great potentials, dedicated team, promising work
this coin has future.i'm in.
this will be crazy
most bullish project of 2021 🔥 this has all the utility!!
nice! you can win ?? where do i sign up?😂
this project is so bullish! cross chain dex, multi chain nft marketplace video game!!!!
interesting project, this project looks so much like comethmust with the defi, game, and nfts. hopefully, it is just as successful as comethmust too.
monopoly token system 🚀 real boardgame with tokens
the project does not look all that bad. this is probably my favorite nft gaming project since i invested in comethmust earlier this year. i have believe that this project would turn out successfully just as .
amazing project, so many platforms are already live. going to see huge growth within few weeks. still it is very early, do not miss this one.
why does it say 223 comments, but i can’t see any
where’s all the comments? says there is 50 but i see only two. if it’s all bots, this seems sketchy
good project of fungie ecosystem
100x potential very low mcap
such a great token i will invest some eth guys becuase it looks promising
i think this is the coin of the future. i like your project very much. to the moon guysss
solid token 💪. im gonna buy this and double my money
the project seems cool. may bring me a nice profit. seems worth a try.
great team, great coin. i'm pretty sure this is going to quadruple my coins.
i will buy some, got nothing to lose
nice project so far so good.
radar-san pls give me money 🤑
awesome team, awesome project! definitely feel like it is going to the moon!
every gaming crypto investor should be on the upcoming metawars project ??
we need every hands on deck for metawars, y'all are looking at the future of gaming crypto 📈📈
don't fall for scammers ! wait on updates from metawars
i just want metawars to announce their tge and start the whole gaming thing, is that too much to ask for ?
metawars is definitely the next star ⭐️ 🌟
i just know that metawars will be very fun project, luv the "decode the binary" task. i guess that is to get us fired up for what to come😋😋
i have so much questions i want to ask about metawars, an will slap right now
me and my guys going all out with metawars
not holding back on anybody with the feature on metawars.
enlist now to unlock more information about metawars 📈⭐️🌟🚀
i really hope metawars gets the recognition it deserves.
really excited about metawars , tryna see their team bright idea for us😍
i'm really just trying to earn my own share of the vast fortunes with metawars
metawars looks very interesting, i'm glad i saw ales becker tweet about the project.
can’t wait for the launch! this is going to be awesome!
loving this launch so far! not a giant pump and dump for once 😅
i am currently in the market looking for different projects and this one, among others, had piqued my interest the most. i like the roadmap. this is definitely going to be successful and i'll bank in no time!
promising project, which according to the data of the crypto websites may have a good degree of reliability and stability. ideal to enter the world of digital currency. i will spread the information and i will try to support you. thank you
lets get this going
its good that the devs understand that a token needs to be a community owned one not dev owned... i am waiting for 2 weeks for this token.
i even marked the launch of this in my calendar ha. very much intrigued.
will ownership be renounced?
i'll bite. 0.3 bnb it is harmless. promising project.
oh this one has potential from it looks only... it will pump hard !
i've looked into the details. in a corner of my mind. it has great potential.
load of shit this sub is
buy and hodl xec- ecash
good and great? take my money!
you bag holdin' budda?
not even trying to hide that these shitcoins are a gamble
bought some today :d
scaleswap token made real xxx since their 1st ido announced 🚀
fuck of with the scam
so many projects selling snake oil these days lmao. genesis pool are offering a cold hard 67% allocation boys. nothing is going to compete with them very soon, i'd hop on this train if i were you.
...you’re shilling a doge coin ripoff. why do you think this is a scam?
nice website ?? looks good
i'm going to the moon
unicrypt presale coming soon!
cms pages became like other pages. but i saw a really good project here now
i will add some to my wallet
i'll do myself a favor and get some
wow this is a great project
nice project and cool dev team
i hope we do not waste our money
i follow telegram groups. as if this time will be fine
perfect project thanks op :)
i need to see more details
crazy one! why do not i use that
good project, good team
great project with cool dev team
i hope we do not lose our money
christmas crates sold out in less than 24h. can't wait till season 2
i love micropets. great work on the sell pressure solution. next stop moon.
brilliant!! i bagged myself a few, although i did not get any legendaries, unfortunate, but still blessed with my odds!! here's to the p2e release!! keep it up team!!
xmas crates sold out within 24hrs, almost everybody in 30 day staking, our community remains on top and always will, love micropets ❤
great project!! always coming out with innovative ways to grow the project and keep the community engaged!!
very impressed with all the solutions this team keeps bringing to the table. they’re really focused on longevity.
the crypto market is now a ea game market place
like 5 hours!! crazy
what a lovely low mcap gem! 11% rethis in bnb? i'm in!
i think this project is really potential. however, dyor!
already in and the reflections have been amazing!!
unreal potential and rewards here. the team have proved themselves to be hard-working and highly communicative time after time. we are going places. join us now at a thiscount
come join the telegram or thiscord and let the team show you how professional and open they are. this is a really next-level community!
how do you get reflections?
just need to hold a minimum of 10b 👍👍
audited contract , another best coin after everrise
purple. flat design is going to die.
cool work you have here.
that's exquisite and splendid mate
congrats on the new adventure!!
my 71 year old nephew rates this shot very slick, friend.
immensely nice shot, friend.
i wonder what would have happened if i made this
this is minimal work dude
your wife's boyfriend says you should stop making websites.
why isn’t it moving?
most hyped project i have ever seen , already in love with it
recently elon musk tweeted about it , so can't wait see its hype
whitepaper is actually audited , as that is audited by total audited so its good
the best project , let us go to moon
to the moon , dorami dorami dorami!
the future of this project is very good 💯🥵
looking great !! goodluck & keep up the good work 💙
so developers, my lambo soon and what about yours?
next baby doge , doge , maybe bitcoin
its hyped to see elon musk behind it
apeericiate dev's work , another good project
you should have ateast 5000 bnb hardcap
this project looks awsome, with this experienced team, this is moonshoting
i'm going to the moon with this project
this project can be moonshot of the month with this team.
nice project, nice team
one of the best projects i have ever seen
i'm going to the moon let us goo
i love this project, i'm in
project looks pretty solid. in from presale.
🔮 utopia - built today, for a better tomorrow! 📱 multiple usecases including dex, crowdfunding, charity and much more 🕹 nft gaming with pvp battles 🥶 silicon valley devs involved! 🔐 100% presale liquidity locked join us to win a presale slot 🚀
this gonna be my retirement
crazy potential on this one
finally i find a good project
it is promising project, i am in
i agree with you
yes absolutely good one
i am in too
so as an average joe there is no way to buy this right now, correct?
cunt protocol. private sale to whales to dump this shit then average joe gets trapped holding this shit. their team needs to drink glass of dead crow’s pee.
a shitcoin bigger than btc? lol
*- frictionless -* >it can be autonomous vehicles paying each other for priority in a traffic grid. also this just sounds like dystopian hellhole. imagine wealth being such an all-empowering factor that you cannot even sit in traffic in peace without some rich fuck literally paying some company to send you to the back of the line and be late for work.
i just do not understand what current issues this serves to solve?
i recommend that anyone interested in this token take a breath and think about it first. statistically, there is a very high likelihood that a project on the front page of cms is in some way a scam. fwiw, i have been involved with another super early project that was stealth launched a weak ago called milpool. it’s a really interesting project that has restricted supply to 100 tokens and is aiming to reach a price of ! their whitepaper is really interesting you can find it on the milpool finance website. they have a dedicated and friendly community of holders in their telegram channel, anyone interested to ask questions is more than welcome to hang out there. dyor!
i’m really excited to see what this project delivers. obviously dyor but it’s hard to imagine it failing with the team it has behind it
just look at the advisors to this project. this really is going to be big
sure it has advisors who have a good looking background. but i do not really see why this is needed. certificate pairs allow us to establish identity and verify it. it's a solved problem that is already in use everywhere. sure you could enshrine that in blockchain, i suppose but i dont really see what that gets you. sometimes you want to rotate certificates so what does immutability give you? i also dont get the idea that all of these things in the future will need to 'pay' to interact. right now everything interacts fine when its designed to and there is no 'payment'. the payment is enhanced functionality which makes it more appealing to users
the fact that you are posting it here is a big big problem. without a working product and any established user base
nice stolen account, are you gonna try and doxx me like you did last time lmao? you managed to do a real good job, i’ll give you a second try
anybody on here sports bet? check out stake.com and hit my dm if you wanna get your first deposit matched
why? you think btc is the only coin for the future? whales now hold almost 50% of all btc. you think you have a chance with btc? no way man. not unless you're a billionaire
you, sir, are a moron. 1. this is the best comms strategy i've ever seen for a crypto project ever. 2. spoofing is the single biggest issue in cyber right now and manzi describes it in a way a grade schooler can understand
you can apply for private sale if you can help to advance the project in any way. but yes that is the limit of it for now. public presale in q3
shitcoin? did you even look into beyond protocol? the team behind it? come on man. these lot are backed by serious names and with less than 5% sold have raised 100 million. tell me any other coin that is raised that prior to release?
what impresses you about this, though? imagine you and i work at a big bank and get together with a couple buddies at amazon and a guy that knows videography. we could literally do all of this in our down time: make a website, a 40 second video, make it look really good - slap our job titles on the front page and wait for people to fawn over "the team behind it".
what is legit about it?
if software-based certificate pairs were adequate, then we wouldn't have headlines everyday in the news about hacking. beyond protocol fixes this with hardware signatures and dlt. in terms of inter-device payment, just watch a sci fi movie and you will get it.
stolen account? or maybe i just stopped using my reddit for a year. people move on and do other things. i stopped growing and got into crypto.
sounds stetchy, but attractive, up to how much?
bitcoin will be the aol of blockchain - projects like this with real and expanding use cases will be the winners in the long run.
wait, i thought this was about the functionality and technologic genius of the project - now it is actually just about having a shot at being rich?
because most like you still have not understood btc. bitcoin is number 1 because of its simplicity and widespread use. unhackable because of simple, clean code. indestructible because the community is 50 times bigger than the closest competition. bitcoin can be transferred via radio waves and even survives a nuclear war. that's why bitcoin is number 1. with beyond protocol, only the development team has to die and the project is finished.
"best comms strategy" because "wow hollywood execs lols" is not an argument. "hollywood exec" is one of the least trustworthy titles to add to a crypto project, and being able to make a nice video does not show any knowledge of crypto and proves zero integrity. those people only care bout profit, and everyone knows by now that you can spoof together big words and slap some names on it and people will moon it.
i will upvote every cms post. deal?
amount of money raised has nothing to do with what problems the coin the trying to solve. why do you need funding from public when you are backed by so many rich folks already? just create the product and let people see value in it. why even talk about it here? cms of all subs? you understand that the very act trying to pump it is controversial here, right?
they may well be completely legit but btc? come on. at least say safe moon or something
pki is only a tiny fraction of an incredibly complex security ecosystem needed to stop hacking. even if it were a magical fix everything bullet, the same problem that exists now would exist then: when you are pumping out iot devices for a very low cost, you cannot afford ongoing support. the technology exists now to make an extremely secure stack. it's just that companies cannot afford the cost of continually testing and patching devices. a blockchain is not going to change that
what is your favorite strain? is indigo still your favorite for night smoking?
i'd be sketchy too of i spent more in gas fees than i put in my car. what's so hard to understand that a device uses a hardware connection to secure m2m contract?
it's not my fault you cannot read.
haha submit it mate can be any idea no matter how big or small. team will review them all and get back to everyone
you are welcome to your opinion and me to mine. i believe this will change the face of not only crypto but also the world as we know it. so yes i do think it will be bigger than btc
the completely unrelated iot servicing issue you reference would be dramatically improved with standardized identity. a team of hardware engineers and execs at the biggest iot companies in the world thisagree: dlt + hardware signatures is the future.
blueberry. classic old school blueberry. for special occasions i do love some rosin but as i am working 16-18 hours a day currently the blueberry thc levels are ideal for me personally. how about you?
oh wow, such an empty statement
good luck with that.
doge crown is better🚀
the best project of 2021, dont be jealous you fool.
butt hurt scammer 😂 legit projects scare you yeah? fool
cryptо pic"kies community on tg. list of coming presales every day.
why do i see 210 comments, yet there are none
leave cardano alone, you buffoons!
that is a good one
good project...im totally in !!!!!!!!!
add this to your watch list. better yet, buy in now while the market cap is low game will be released in a few weeks.
! check out where you can use your santa elon gains to donate to any of mad's partnered charities. it's a great way to lower the tax liability on your gains, too!
really low market cap and the game is out, if you’re still not in this that fomo will kick in late ⏰
100x by xmas 🚀🚀🚀
hohoho! i smell christmas!!!
let's do this! game is good too - shame i'm so rubbish at it though! :)
yeah will definitely pump 100x atleast if not more
, don’t miss it.
this team delivered since day one, here santa dash as promised :
you're all full of shit
biswap farming has really paid off for this project
bsc scan screams the is a scam.
i’ve been in this project long term, not mentioned in the post is the dev is saving up for a 10 bnb buy back and burn, reason enough alone to ape in
just curious what tells you that. i’m not trying to say your wrong but i want to learn more on how to spot bad coins
all of the coin was bought up by 12 wallets. 80% liquidated within days. then gifted to small amount of users specific that all sold at a 12 day mark. all of the transactions between the early phase of the coins were between a tight knit group. also the advertising and transactions are literally identical to the cobra kai coin. go look up how that ended up.
thanks bro. great observation.
when memes start pumping this one is gonna be a top coin. 1b mcap incoming. it actually has a usecase. dev is based
where can i buy goku inu?
which platform can i use to buy ????
yeah lets go to the moooon
im 100% sure its the next moonshot everyone will talk about
i have ,000 for goku...
it's gonna blow up
soon very soon ...
i think we get some small pump soon like maybe 5x or so and then a massive 100x in like a month of two
hold your bag for 100x minimum
100x is only 60m mcap so totally achievable
especially with the market so bullish again now. memes are ready to take off
is this another scam?
taxes too high. only only buyers gonna profit, buy asap and sell at the top. good luck.
can't wait for those ada rewards 😋
second version of this coin but it is not a scam. ada rewards are legit from this and the dev team worked hard to overcome issues with the previous version.
devs deliver since day 1!!! still hyped and eth bridge will bring us easy to 100mio
dog name? ❌ meme coin? ❌ pump and dump? ❌ real life use case? ✅ doxxed team? ✅ organic growth? ✅ ping is legit. please check out the website and the official telegram group for more, team is always there and responsive! dyor and you will fall in love <3
this thing is actually rocketing
madddd i love this token
what a day of dividends! crazy huge!
this is one awesome core team and community. we frequently run community events including giveaways and the team are working around the clock on this and the kickstand app. i love this project
great team, dividends are awesome too.
just what i needed
these couple of days have been amazing, it’s awesome to see that rvl has been getting love from various investors of the crypto community. the dividends we got today were awesome! revival is here to stay, it’s not even two weeks old and it already had huge growth, imagine the future! can’t wait to see what happens while i keep adding my bag 😎
looking forward to seeing the app. this team is looking beyond the short term and building sustainable solutions for long term success. i'm in.
this project looks epic! i am in
i'm going to the moooon
don't miss this chance! this is a moonshot
great project, great team.
yes here is the project i was looking for
i can see a bright future for the project
i really liked this. i'm coming to your telegram group for more information right away
an absolutely promising project right there
it’s been a crazy two days hellllll yeahhhhhh letssssss goooooooooi
insanely low mcap gem, revival is gonna blow up, super devoted dev team, and an awesome app in production! definitely would look into!
if you are reading this, you are right on time. revival is just getting started. the 11% bsc dividends have been insane. the team works 24. get in and start enjoying the rewards with the rest of us. get in the discord. nfa and dyor
i finally saw a serious project. keep growing
great project, 👏👏amazing potential ⚠️‼️
dev's had some small problem last night one of the admins tried to scam people, dev refunded all of them from his own pocket what more you will want from a dev team than this? lets fomo it!
this is soooooo cute. i’m in!
finally saw a serious project.
that one has great potential for future.
true, team is amazing!
great dev team. super transparent. huge marketing coming. don't miss out on this hidden gem. definitely 50x at least from here.
best project ever, to the moon 🚀🚀
looks promising, prepare for the moonshot
you guys are relentless on pushing this scam huh? thisgusting scum
got my bag i hope it wont be like other shit meme coins
l am so hype for this lets see what will happen
really a transparent team behind!
great project aped in🚀
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this is the first time i see such an excellent project. i wish you continued success
lp locked thats good!👍
fallowing this token for long time, its the time for invest...
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will be huge i hope 🙏🏻
it is underrated this community should be expanded
this one has a huge potential 🚀
it's going to the moon! pretty sure playin' on this coin!
amazing project for investment. i like it.
innovative work, congratulations! people will finally be able to raise their money safely.
how do i get some of this pls?
tell me more about the project
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you’re the scum of the earth
scam thisgusting trash maggot
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money down the drain to scamming fucks pockets soon.
you’re a trash maggot pushing this scam
that is a really great project andbeglobal finance is a best token thanks for share thank you so much
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this project is very solid. im in🔥
team had some trouble last night with the presale, but the team managed to fix everything really an unique dev team!
i will add some to my wallet 0.5 of this wont hurt me
i like this one and gonna buy some
look's awesome! i will invest some. 😎
bullish 🔥 this look's crazy man 🚀
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project is looks solid.i'm joining.
can’t wait to see this up and running! 🔥
i dropped a tear reading your launch story. have a good launch, we will surely add you to our list of upcoming projects. ' 🥒🥒don't forget to subscribe 🥒crypto pickles 🥒channel on tg for daily list of upcoming launches , project reviews, degen calls
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i am extremely excited for this project to fully launch!
how come it says 230 comments but i can inly see two?
this looks very promising! great project
the presale was completed so smoothly! i have never been to a launch where it was very well organised! cannot wait to see the live utility on the platform! they sure have delivered an awesome user experience in their beta launchpad. many were skeptical and worried, however was completed smoothly!!
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any person elected to higher office should have to divest of all their investments and put everything into a blind trust. how is this such a difficult thing to get done?! i do not care if you're a republican or a democrat its straight up wrong to personally hold stock in any security you have direct control over.
tldr; members of congress should not hold or trade digital assets in the same way that they should steer clear from stocks, democratic rep. alexandria ocasio-cortez said on instagram. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
the only thing they should be allowed to legally invest in is s&p 500 or have a 401k type of account that is managed by a third party with higher levels of transparency.
blind trusts is the only way any lawmaker should be allowed to own any assets.
honestly this makes sense. wish politicians did this with stocks as well. that is something they actually have inside information for.
plot twist: she holds eth
if i became a politician my career would be extremely short lived once they found my reddit account
i don’t blame her and it’s a quiet voice in a larger sea of insider “not insider” trading. i don’t have an issue with them investing per the rules and this is something that should be clarified in a similar manner. but dude, get rid of the special interest groups and superpacs.
i'm not mad at this. if she said she did not hold any and then hated it different story. but not holding it and being impartial is fair enough in my eyes.
fuck politicians!! the real culprits behind everything.
so, this means that if she was not a lawmaker, she would have bitcoin.
she has been extremely vocal about the fact that congress people should not be able to hold or trade stocks, she has very vocally called for investigation into robinhood scamming citizens, and meanwhile people in this thread are ignorant. while blaming her for ignorance. hilarious. >"because we have access to sensitive information and upcoming policy, i do not believe members of congress should hold. i also extend that to digital assets(especially bc i sit on financial services committee). so the answer is no bc i want to do my job as ethically and impartially as i can." from the article. did any of y'all read it? look like you did not, just based an opinion off a headline. embarrassing.
all law makers should only be able to hold index funds, no short term trading bs.
its not really possible to be unbiased. but i appreciate the fact she is trying to actually do her job in congress. hard work and doing your job in washington dc really does not exist anymore.
that's solid of her. i think congress should not be allowed to trade or invest. they should have to go through a third party who manages it.
honestly, i respect that. also, shots fired at ted cruz. guess she owes him one for jan 6th 2020 though.
she said bitcoin, not crypto
politics and corruption go hand in hand.
this woman gets so much hate, but things like this shows she takes her job more seriously than the rest of these clown in congress!
everything i hear about aoc really supports her being an upstanding individual devoted to her civic duty. most of her critics have little to harp on other than her being a female. i hope she has a long and successful career. hopefully more young informed politicians will be elected in the future and we weed out the literal dementia patients out of office.
this shall be a fun read. i'll make sure to sort by controversial.
not a fan of any politician but she gets some respect from me for that.
if only all politicians were this reasonable.
true politician. “i don’t hold bitcoin” …... balls deep in the alt coin market.
this is an extremely fair position to take given her influence. it is a conflict of interest for a politician to advocate for something they financially gain from.
isn’t not holding btc also biased?
that’s ethically superior; ethpecially so.
a lot of people commenting completely showing their asses by making it clear they did not read past the fucking headline.
this thread just showed me something very interesting. if you check the comments of people being nasty regarding aoc, they are often into meme coins. not sure what to make of that.
i wonder how these congress become billionaires 🤔
i'm seeing a lot of people compare this to congress holding stocks, but is not the point of bitcoin to be a currency? there's no inherent value unless it is a currency. it's sort of irrational to say both "it is a currency" and "it is like holding stocks". i'm surprised not to find this comment in the 100+ things i scrolled through.
*screaches in nancy pelosi”
that’s a respectable reason.
respect. i wish more politicians had that much integrity.
good. members of congress should not own stock or any other security or digital asset. unless it is blind but you know what i mean.
aoc also dosent believe smash and grab robberies are occurring. so her opinions are obviously worthless
i wish all politicians were like this.
this thread has revealed something interesting to me… a bunch of politically inundated morons are entering crypto. got some shit coins boys? no worries. that dumb money is coming. exit liquidity for all!!!
but shes missing her opportunity to make moons!?!?! public servants should forfeit their ability to earn in ways that would effect their policy making. sucks ass, but our system should be able to cover their cost of living while in office and then some (mb +50% for every year served? idk, it might be hard to reenter the work force spending time in congress with nothing really saved up)
the other 98% of congress members declined to answer.
if only even half of politicians were this honest.
is here name aoc? some kind of robot?
a fair position this but also should apply to stocks, perhaps even more so. all politicians by law should be unable to hold stocks and crypto, either personally or through a holding company, it is the only way to ensure laws are made impartially.
crypto is the best thing we human ever introduced in our human history.
politicians should not be allowed to interact ruth the stocks or crypto in any way, shape, or form. they are literally just insider trading but it’s legal bc they made the rules that say so. politicians should also have to make all their investments publicly available at all times so everyone can easily see where their loyalties really lie
she is the one
i give aoc lots of credit for not holding crypto, as the rest of congress swing trades stocks with their inside information. people like to fault her for stopping nyc's . the fact is, amazon was already planning on coming here anyways and has been quietly scooping up properties left and right. bezos just wanted to see if he could squeeze more money out of tax payers.
wow. that’s…. so refreshing tbh
i use to not like aoc but the more i learn about her the more i think she might be alright.
we should blockchain everything politician does already. one vote one problem at a time. the tech is already here. we don’t need a republic system where we need an representative to vote for us. we can go full blown democracy. i really think so.
does she hold fiat dollars? wouldn’t want lobbyists to influence her with those!!!
good. every other politician should follow her example. they should also have their pay be set to match the average of their constituents so they can actually be encouraged to help the people they represent. people like manchin do not need 9 figures of net worth. pelosi needs to lose her position because of the blatant insider trading she engages in. politicians should not be working in the government for money. they should be doing it because they want to actually take care of the country.
reading the comments on this post it sounds like a lot of people did not read the article. she said she does not invest in stocks or digital currency. could probably look this up easily to see if its true.
makes her biased because she can’t see from a holder’s perspective .
this woman is the gold standard
she holds fiat though, is she really an unbiased lawmaker then?
dude how can she be on the financial services committee when she admits to never investing in anything? pretty bizarre actually.
so she owns algo nice.
she’s a bias lawmaker, just like they all are.
by this logic, should members of congress not hold usd in order to be unbiased in their oversight of the federal reserve?
“me no i don’t hold any” 10 months later, “how was i suppose to know my husband took ,000 of my money and invested it in crypto, i don’t keep track of chump change”
she doesn’t hold stocks either. leads by example yet she’s trashed in the right wing media for being a ‘commie’
this should be the standard across all members of congress.
lot of morons here. on one hand the same people that spew about making money on crypto as an investment asset and on the other but but but its a currency! pick a side, but its clearly an investment vehicle and store of wealth, and she is right.
everyone in positions of political power should be paid the median wage of the people the represent, have no secondary incomes through donations from companies etc, hold no stocks or shares or i guess crypto at this point to so they can be entirely objective and not be bribed but this will never happen
if true, it is v professional of her.
i don’t agree with everything she says but this is spot on.
as much as people try to hate aoc for all sorts of frivolous things, she really does seem to set a standard that make many others in congress uncomfortable (for the obvious reasons because they are enriching themselves from their position and status.)
... as she loads up on pfizer and moderna stocks...
that is absolute conviction. she has my respect.
honestly, if the rest of congress had half as much integrity as aoc, then there wouldn't be the rife corruption that there is. remaining unbiased on something as profitable as crypto shows real commitment to her work.
unbiased lawmaker is an oxymoron
this should be mandatory for all assets. every elected government official from the township level to the president and everyone in between in any sort of regulatory capacity or a position to have inside information should not be allowed to hold individual assets of any kind, put it all in an index fund or treasuries
>she wants to do her job as "ethically and impartially" as she can. she must be new.
damn, no matter what political side you fall onto, you gotta respect the conviction.
aoc has integrity! something lacking on the radical right!
aoc is actually one of very few politicians that gives a fuck about the citizens of this country. unsurprising that she is attempting to remain unbiased, unlike many politicians who make changes for personal gain.
why is aoc the only politician with morals?
this means aoc should not vote on anything affecting latinos because she is one? 🤦
some stocks went 10x this year alone.
there must be a god controlling crypto to manage the world.
does she hold dollars?
finallly one thing i agree with her on. nancy pelosi seems to invest in stocks 1-2 days before they skyrocket because of obvious insider tips.
how could you possibly enforce this though? aoc herself could be holding any amount and there would be no way to know unless she connected her identity to a wallet. not that i thisagree, birds shit and politicians abuse power.
my issues is not politics owning them. it's the rules that do not seem to apply to them.
if your a politician (which used to mean public servant) is it not best to understand the needful biases of your own people to which you are meant to be a servant of? one would not serve a naive master the same as a foreign master, now would one?
in other news, people lie every day.
meanwhile she has over 50k in student loans and wants to eliminate student loan debt
she wants to remain a clueless lawmaker.
that does not make sense...
no stocks, real estate or companies either... 🙄
yea i do not buy anything she says. she is just as corrupt as the rest of the... fuck aoc.
what is this? r? of course she doesnt hold btc, shes everything btc wants not to be
i’m a lifelong democrat but why does everyone care so much about what aoc says? i always see stuff about her trending on reddit to the point where it feels like she is desperately trying to say things she thinks will go viral.
i think the holding of any law maker should be common knowledge. i want to know when and why any of them are voting for certain bills. is it for personal gain or not. as well it should be common knowledge when they are buying something or selling something. i.e. when np husband invested heavily in tesla a few weeks before it was announced that the government was going to have all their vehicles be electric by 2025.
does she also hold no dollars?
aoc says or aoc reveals?
as she wish, if she desire btc, she will use this only for politic needs
does she hold any stock what so ever? the answer is yes and it’s impossible to be unbiased law maker if you hold stock
well this does not make sense to me. bitcoin is bad but regular money and stocks are ok?
ahahahaha. sorry always a laugh with aoc.
still got cash and all her shares
to be unbiased you must hold 5% of your savings in crypto and 1% of that should be in meme coins like shib. that will means you know, but not all-in to it.
or because the point of crypto is to move power away from lawmakers? how do people not grasp that, yellen literally talked about a state run crypto currency.
at least her intentions are noble, dumb schmuck that she is.
proceeds to hold usd
so she’s biased towards fiat?
it makes sense but let’s be real. a lot of politicians shouldn’t be biased when they hold stocks in a company that can be effected by a bill. (tomato tomatoe)
aoc and bernie are the only two politicians who care about americans and don’t abuse their power
she’s so full of shit she’s got more bitcoin than you can shake a stick at !
she is an uneducated law maker
she am not dumb, she is evil
[jerome powell sell off] ( heres some food for thought.
she should just mix drinks and take her panties off for the cool guy at the bar.
more likely because shes a hollow-skulled dolt.
can she hold deez?
aoc is a-ok, in my book.
i mean she already has my respect.
wow, of all the subs to have an aoc circle jerk, i was not expecting this to be one.
but let me guess, her partner or significant other does.
clearly a shib whale.
honestly i respect it. that’s the kind of lawmaker we need
there’s no such thing as unbiased politicians.
a politician with integrity? what's that.
anyone can say this and theres no way to prove it anyway lol.
it'd be better if no politicians were able to play in wallstreet and crypto. not because of bias just purely due to insider trading. why tf does nacy pelosi have the highest trading record in the history of wallstreet? screw those corrupt politicians
if only the rest of the lawmakers could try and be unbiased
wild that politicians can basically do legal inside trading! considering a career change lol…
who would have thought, she is got more ethical values in her pinky than the 99% of congress.
it’s a respectable position even though i thisagree with her; she still has a ton of integrity. but, i don’t think the logic applies to btc as it should to holding stocks: the latter represents owning stakes in companies that can sway your choices, but btc like gold is just another asset, another form of currency. but i get it.
she is an hero <3
aoc gets a lot of unwarranted slack. i know she says, but every bit of it is for the people. regardless of political affiliation, we need more politicians on both sides of the spectrum with this motive.
you know what? i 100% respect this
wow this is actually super impressive. i hope other politicians follow. but im not too hopeful there.
but she holds cash, in her wallet...she holds fiat in her checking account! biased to fiat!
aoc is like the only politician i have respect for in the us. like, send her to scandinavia if it isn’t working out. she is so smart and talented.
she holds dollars though.
well she failed miserably at being unbiased.
but her husband's boyfriend does.
she is just a puppet behind some really big and big whales.
if only politicians did this with all the stocks they have been holding and profiting 100s of millions off of these past decades. aoc would make a great future president for the younger generation.
i approve the sentiment, but it should be noted that not holding does not eliminate bias. at best, it eliminates the appearance of positive bias. someone with a negative bias wouldn't hold crypto as a matter of course. someone with a bias they wanted to hide might also avoid holding crypto (at least directly).
i wish more politicians thought this way
if you think a politician has your best interest in mind, regardless of how ideologically aligned you are with them, you have fallen for it. none of them want you to do better but they all will tell you they do.
i'm going to go against the grain here. if they do not hold what's representative of the public's holdings, they will rule with ignorance. what's really wrong is nancy loading up on ev options before biden throws out a bunch of ev subsidies.
this is a good thing, and should be more common. maybe next we can get more younger people in charge so that they actually have some sort of idea about what laws they are creating?
ugh the boot-licking in this thread is palatable. “i’m an honest, anti-corruption politician, so i won’t own any of this 100%-traceable and transparent asset! instead, i’ll stick to a tried-and-true portfolio of the same shady shit as all the other politicians!!!”
i do not agree with her on a whole lot of shit, but she and bernie are basically the only american politicians who do not deserve to be spit at
an honest politician, rare, but commendable
aoc unbiased? that's a good one
she’s already biased lmao she’s anti bitcoin but doesn’t want to lose support
plot twist: she bought the ath and panic sold at 43k, and this is how she deals with her fomo and the agony of deciding whether to buy back in or not 😂
remember when she wore a dress that read “tax the rich” to an event that cost ,000 per ticket?
she does not hold bitcoin because she hates the libertarian vision of money and privacy that it represents. in her mind, libertarians are just white nationalists by another name.
say what you want about aoc but compared to the rest she has some integrity.
is there anyone who doesn’t like her? she seems pretty rad. what am i missing?
ya, she screams unbiased……
hopefully she doesn’t own any stocks, either.
aoc unbiased?!!!! lol she’s literally the most biased politician around.
that’s the stupidest thing i’ve ever heard. does she use electricity? does she eat food? does that make her biased
unbiased? now that’s comical.
that's a first from her. props
actually there is some misunderstanding,she is actually holding more than any.
yet she votes for her own wage.
the best way to deal with politicians remarks is to ignore them.
shes a trash politician fuck her
aoc and unbiased in the same sentence 😂😂 i don’t think bitcoin is where people draw the line… but suit yourself
she doesn’t even know what is crypto so dumb af😹
not to split hairs but doesn’t using one form of currency make you biased?
she is an idiot!
aoc, unbiased? this, the lady that has made numerous radical bias claims that have proven to be lies to further her agenda. interesting she now, all of a sudden wants to be 'unbiased'.
didn’t know crypto was political
she look promissing. hope she gets what she wants to achieve. unfortunatelly i think that old dinosaurs around her will not let her achieve her goals and will try to convert her into them. i have seen tons of young people sucked by dinosaurs. hope i am wrong.
hard to thisagree with her logic
maybe that makes her biased towards usd though. or does not she keep any savings in the bank? does not that make her biased towards banks? if she invests her savings into housing she would be biased towards the housing industry. what about bonds? everyone has to keep their money somewhere. feels like a weird thing for her to say. crypto is not like stocks that are owned by a single company. crypto is owned by the people. edit: typo
even if what she said is true there is still a shit ton of other biased lawmakers.
this is a very reasonable position.
an unbiased now millionaire
it’s a natural law that once a subreddit reaches critical mass it turns into a massive aoc circlejerk
so is aoc going to stop taking money from amazon and google as well or...?
it's performative, she does not believe in or understand crypto, so instead she says she is being unbiased to win brownie points.
best joke i’ve heard in a very long time.
pelosi and schumer looking nervous ![gif](giphyls4gsfxtee2bvh05ie)
way to go aoc
if that isn’t the biggest joke i’ve ever heard. unbiased my ass. she is the poster child for biased
she does not hold crypto because it goes against her socialist values. you cannot control the people if you do not control the currency.
oh good, more aoc praise spam on yet another sub, because there is not enough of that on reddit already.
this woman is really growing on me.
god dammit. i just had to take a sip of coffee before reading that title...
she’s not very smart. i’m unsurprised she is a no coiner
lol i’m sorry, this is just cop out answer. every lawmaker is biased?! are your kidding!
“lawmaker” is a loose term for someone who has written and passed zero in her term.
the dumbest person in congress. just because you do not own something, does not mean you would not have a bias. she is a virtue signaling moron.
she should try take the stick out of her ass
does she also not hold any gold or usd to be impartial?
this creature deserves no praise or spotlight
aoc is a communist. who gives a fuck what she says...
she holds fiat...does it mean she is biased towards fiat?
wow principles, rare for a politician these days.
don't start with us politics here as well, please
she holds dollars. that already biases her. edit: i don’t know why i have to explain this comment in a cryptocurrency subreddits. she holds dollars and no btc, so that invariably biases her against btc, since the latter threatens the former.
does that mean she also doesn’t hold stocks or cash or property?
i hate 99% of aoc's takes but this is reasonable. to each their own , if she feels as if an investment would create a bias opinion ; so be it.
let us be real here, putting lawmaker and unbiased together in a sentence is an oxymoron
but that only means she does not use a specific technology. it does not show if she truly understands the tech enough to know what she is making laws for or against. but i understand why owning crypto may be a problem. it means she stands to gain a lot of she says she holds crypto everytime she legislates for it. so most of her constituents might think her legislative moves may have an ulterior goal. make her richer. not a scandal you want to add if you're trying to be for the common folk. then again, by not holding crypto, she has no vested interests unlike some of her constituents. then you'd ask oh she is legislating against it to secure her or her friends traditional assets. then it may even imply that since she does not hold any crypto assets maybe she is not as knowledgeable as she stood be to be fair. but okay, let us wait and see where she takes this.
she’s in congress. she gets a pension, lifetime healthcare, lobbying jobs, etc. for the rest of her life. she doesn’t have to worry about retiring at 65 and invest in volatile markets like the rest of us.
holding usd makes you a worse criminal.
i’m actually pleasantly surprised with the comments. thought it would be a big ol aoc bash fest with a bunch of misogynistic jabs thrown in. maybe that’s just what happens in the shitcoin subs? usually see a lot of that there
unbiased? gtfo of here.
that's actually a good answer
this sub *hate* aoc. lol
that's my future president
good job. aoc = integrity.
lol real reason is because she missed the boat and will now use that to claim a moral high ground
i see no issue with congress members owning crypto.
how can you hate her?
she does not own bitcoin because she is a fool.
lol aoc unbiased… r
but she holds fiat.
tell me you bought hi and sold low without telling me
shit, she has a house though. how is she supposed to make unbiased decisions that effect the housing market? and she has a cell phone, i guess she has to recuse herself from any technology or communications issues. and grocery shopping and having a car and listening to music... damn, there is so much she is so biased about! at least there is this one thing she does not own, though. at least that she can be unbiased about.
lmao aoc unbiased? since when?
lol. "unbiased politician" sure... keep dreaming.
haha an unbiased lawmaker hahahahahaha she is like the most biased person in congress!!
wants to be unbiased…pushes identity politics...
stopped reading the title after "aoc..." there is nothing to be trusted or believed in anything the woman says.
holy shit. her entire platform are soundbytes that appeal to emoton and bias.
this exactly right! she is absolutely the best leader we have right now. she has the intelligence and the moral integrity along with her real world experience that other politicians just do not have.
aoc - has thousands in student debt. pushes to have student debt forgiven. 100% unbiased.
🤣 does anyone actually believe her?
ya apparently from her a couple years ago we only have 12 years to live on the planet because of climate change. wouldn’t use her as a good example to anything
she is just a straight up dumb ass communist
does she also wish to not hold money for the same reason….?
fuck aoc and the fake angry tweets (instead of legislating) she rode in on.
bullshit. either she just "missed the train" on bitcoin or her buddy buys it for her. i do not believe for one second she stopped herself from buying because of this 🤣
meh, they all suck anyways. she’s lying one way or the other
if i remember correctly her bf works in it??? hes holding bitcoin, id bet my life on it...
or she’s just too stupid
who cares? this lady ever gets president she will ruin this country
i fucking love her
republicans: drain the swamp! also republicans: kill aoc! meanwhile, aoc:
just checking - should she not hold the usd so she can be an unbiased lawmaker?
does she hold any cash ?
imagine believing aoc is unbiased.
but if her abuela buys and holds crypto, then that is the fair game, right?
from what i know after reading the policy of some exchangers, that politicians are not allowed to open an account on exchangers? i don´t know if that´s on all exchangers but some have that policy already. i guess they´ve a rightnenous reason for that too.
sorting by controversial lol this’ll be fun
makes sense to me. that should go for all investments. make blind trusts’t be allowed to have stake in companies or investments they’re making laws and decisions on.
sounds good but does not mean she does not have family or some other proxy involved. humans are gonna human and i do not know how someone with inside info wouldn't use that knowledge to help themselves or those close to them.
bet her family does thou ...
so will she ditch fiat as well ro be truly unbiased?
i’m sure it’s only because she wants a whole coin not just a bit of one.
heres the thing. i actually believe her.
biased lawmakers hold usd while making regulations for the economy ffs
even if she did on a cold wallet, how would we know
she better not hold any stock.
so we ignore the fact that a congressmen was biased because he held bitcoin a few months back during the whole debate about what to do.
i dont support aoc whatsoever but i agree with her on this. politicians should not be allowed to hold stock or crypto
i'm not on either side when it comes to politics, but honestly, she is one of the last pure politicians left.
yes, she is a beacon of neutrality.
i have opted not to breathe air because i'm helping draft legislation on pollution controls. please send gold stickers
too late for that lol
i don’t always agree with aoc, but i appreciate that as far as i know she’s always been honorable.
aoc instead of virtue signaling you hold the power to make change by drafting legislation to restrict congressional members from trading individual stocks!
i love her! i wish we had more politicians like her.
shouldn’t she also not hold any other currencies by that logic?
politicians having personal investments in private companies is insane
she is a special kind of stupid. reverse that statement and ponder it. i do not hold fiat because i want to be an unbias lawmaker. it actually makes more sense. this is the kind of mediocrity a two-party system spawns.
politicians just share their insider knowledge with family who do the trading
unbiased? like calling for tax payers to cover trillions of dollars in student loans while she holds a five figure loan herself?
damn i wonder how nancy pelosi net worth grew to 100 million
what an utter fucking moron i've seen cockroaches in my kitchen that were smarter than this smug troglodyte
so she does not hold usd or any stocks either?
i consider myself a liberal, and i can’t stand how “extra” progressives are - especially her. she really can be totally insufferable at times. aoc … ngmi.
this doesn’t make sense if she uses crypto in the same way she uses money. i can accept that she may not want to develop an investment portfolio, but if she’s ever bought a birthday card and somehow that didn’t didn’t affect her view when dealing with a logging lobby, then it’s totally possible to become part of the crypto space. i think her view betrays a lack of understanding the utility.
she holds usd how is that for biases, she should hold it to be unbiased.
what kind of stupid is this? if you live in the us your bias on any damn law you make... live in canada and work in the us and i would say your unbiase
and you believe her?
trust me boys we do not need a idiot like her in our ranks
where to start lol...
> wants to be an unbiased lawmaker lol
does she not own any stonks at all?
laughing myself nearly as silly as aoc
everything she does is a publicity stunt. literally just wants to be president. will do anything to thiss the republicans instead of work with them.
here is an idea: crypto is transparency that’s why they invent ways to “avoid” it
close your bank account then.
hilarious how people believe this woman (or any politician for that matter). she said she would vote for 15, she dipped. all politicians are liars and have self-interests, and they are not yours. do as i say, not as i do.
which is absurd. has she transcended this plane and have no worldly assets? no house? no car? nothing in her fridge? no parents? no reason to draw the line at crypto.
she’s probably the stupidest, most clueless idiot i have ever seen in the us government. oh, besides the current president of course.
lmao pretty sure the ship has sailed on her being unbiased.
with that logic they should not hold stocks, real estate, or dollars
good, then stop basing everything on identity.
so, can we get some of that integrity stuff for our law makers down here in texas?
but shouldn’t she also not hold any usd in order to be completely unbiased?
by not holding, is she not then biased against it?
nothing about her is unbiased. this is the same person that said composting is hard...
if not btc… which? 😏
i like aoc, but really? this is the same person that wants us taxpayers to forgive her student debt of 17k. she makes over 150k a year with full ride benefits. seems pretty biased.
why would anyone ask? aoc: 'how can i insert myself into a topic that i have nothing to do with nor understand'
does she hold dirty usd fiat then ??
tldr: this is gotham and aoc is gordan
god she’s the worst
not sure how a communist can be unbiased, but ok.
and she knows she has paper hands... i do not see a green new deal anywhere do you?
ask her how many bitcoins does her boyfriend hold.
big fucking deal. like theres so many other 70 year old grandpas politicians that have lots of crypto in their portfolio.
i mean i cannot really argue with that logic
but you hold dollars, don’t you, bitch?
hope she doesn’t own stocks also. dumb
does she not own cash, jewelry, stocks, 401k, pension, health care, etc?
why would she hold assets in something that she is actively legislating to restrict.
she is either lying about not holding any btc, lying about the intention (in that if she does not, it is because of the risks), or she is effectively lying about the intent and instead has her money tied up in some other "gains for me not for thee" fund. this sounds the same as pelosi acting like she gives a shit about a fair economy when she is made tens of millions off of a comparatively moderate salary.
i respect that. tbh if someone had a stake in something they would 100% be making laws that favor their investment.
sure, she just makes money via insider trading like the rest of them.
this is fire truck on fire irony. aoc couldnt be more biased of a lawmaker if she tried.
general question-- what kind of politician would be fighting to ban crypto? one who holds crypto or one who does not? something to think about...
she is lying 100%
by not holding bitcoin she is a biased lawmaker
ya well she’s still a moron (with rockin tits)
no matter what the real explanation, aoc will take every opportunity to preach about her high road.
she is far from an unbiased politician.
“unbiased lawmaker”…that’s the funniest fucking lie. aoc is anything but unbiased. if she was unbiased, she wouldn’t be a democrat. also, wouldn’t be a republican either. she’s so far left leaning, she can’t see the middle of the road…every one of those asshats on cap hill need to be surreptitiously removed from their seats. before someone starts ripping into me: i do know that there are a few that aren’t asshats, which is why i said all the asshats. there’s a very small number that actually have integrity and also remain unbiased, or at least are willing to be reasonable and listen to their constituency and figure out a real possibility to solving problems instead of just blowing smoke up everyone’s ass. the problem is that it’s too easy to be corrupted or to have biases to one direction or another.
she is biased towards being unbiased...
1) lies 2) who is aoc?
okay well i want to be an unbiased voter can you buy me some bitcoin?
and yet she holds the usd...
it she wants to be unbiased she should not hold usd. decentralized money sounds less biased to me.
how does that concern me.
plot twists: she does own btc and she keeps her wallet us address a secret
and all the conservative garbage cannot wrap their heads around a politician that is consistent with their beliefs.
she may not directly hold it but i’d bet folding money that she has some crypto held in a trust…
i wouldn’t take her word for it. or any politician.
does this mean she cannot make any unbiased decisions for anything related to usd?
also i suspect she’s not thrilled with the carbon impact
does she not hold money either?
what if she does not hold bitcoin because she holds doge? lol.
because you cannot manipulate it and get insider tips she means.
she looks more a doge holder.
she does not know how to buy it lol
but she didn’t say satoshis………...
lol an unbiased politician …. lmao 🥴🤣😂
if you want any crypto friendly laws in ny you got to literally vote out these morons in power
she prob has money with citadel.
so no one sec will hold any stocks in ther portfolio?
she is not wrong.
and yet holds u.s. dollars-aoc is as biased as they come. the parking lot cages photo was theater and funding israel was as expected. i love new people in politics, but it is the same on both sides- they do not give a f about you...only power and social capital. these are the leeches...the whole lot of them
she’s smart. this is something i wish all politicians would do but most are corrupt. i hope she stays true on her ethics for many years to come since it does seem she will have a long career in politics. of course anything can change but for now, she seems to be the most honest one out there. there’s a reason why she gets attacked by both sides by cnn and fox. it tells me she isn’t an elitist.
i guess she does not hold the same moral standards for chanel clothing...
well…the thing about crypto… is that it’s possible to hold it and noone know that you own any…
yeah right lol bet one of her donors gave her a wallet
nah - she doesn’t want it so she can pretend to be “one of the people.”
she is useless. she cannot hold bitcoin if she would like
that woman is the worst thing to happen to politics
wtf? i like the lady, her idealism is nostalgic to me, but she doesn’t have any problems stating her opinions and biases about other things. what a ridiculous thing to say. pov- i’m progressive who leans so far left, i’ve circled around to libertarian somehow... not somehow it’s because we will not get anything progressive relying on the government
hahahaha dumb fucking cvnt
there's no such thing as an unbiased politician
she sucks so yea.
lol that reads as she already has enough money.
she is funded with taxes that nobody consents to pay, therefore she already has a bias how about she and the rest of her tax funded megalomaniacs stay the fuck away from "lawmaking" about anything they are not experts in. and if you're an expert on it, you should know letting the market regulate whatever it is is better than state intervention under the color of law
and... she does not understand what it is, or how it works...
she doesn’t want to be unbiased? lololol
if she stays in politics, this statement will not age well...
but she is a fiat hodler
i bet she secretly holds
don’t take campaign donations either then.
if she would not hold bitcoin will she at least hold me
who the hell cares... she needs to be hit by a bus
i saw her dumbass cry over an empty parking lot. unbiased my fat cock.
hard to be unbiased when you're already a sellout ... but okay, i guess.
she doesn’t. but there is a trust in her cousins name but she is the executor of that surprisingly has made a million dollars this year
but she’ll happily go to the met galla give me bernie or stfu lol
who cares about this moron.
does anyone care what this woman says aside from would you like another gin and tonic sir?
wtf is this doing on the crypto subreddit, who gives a fuck?
she is trying to go career like the rest of them...
she just cant afford it
bitcoin isnt a business or a fucking stock. when will you learn.
does she own money? i'm guessing so, maybe she should get off her high horse.
lmao then don’t hold fiat either
she has a very high integrity.
this is now the third highest upvoted post in the entire history of this sub. congrats op! your first moons share already hit the cap for this month!
i highly doubt aoc knows what bitcoin really is
also cuz she is dumb as a rock.
really? aoc wants to act unbiased…?
ooh politics, must be some brain lord takes here
i fkn love her
yeah, and i'm sure she holds no pharma stock either. insider trading is legal for them. they just use shell companies.
she should give away all her fiat too if that’s the case.
“revealed”. oh yeah? she said it and so it’s automatically true. she’s probably got a financial manager and has no idea what her money is in.
this is something that makes sense and because of that i think she deserve to have some because of her behavior. but she cannot because she want to be unbiased but because of that attitude she deserve to be rewarded but...
lol as brit i do not know many us politicians, but that one is notorious for being the exact opposite of impartial and objective.
she has unconscious biases though.
well, at least shes consistant in her stupidity.
does she not live in a house, because that would make her biased towards housing issues? does she avoid public transportations, because that would make her biased? does she avoid food, because that would make her biased? did she avoid going to school to not become biased towards the school system in the us? honestly, there is a part, where it is about politicians not shaping politics in a way to personally enrich themselves, but not taking part in life, because that could make you biased seems to be going a bit far.
adding this to the ever increasing list of stupid shit she says
oh bullshit. she goes to ,000 met gala events for free. she does not need the money. politics is about power, people. money has always been secondary.
who is stupid enouph to believe a word that comes out of her mouth ? or think what she says makes anyyy sence. thisapointing as usual people of this sub
but i bet she has fiat...
i dont know much about american politics but i find her hella attractive
too bad for her
waiting for the dip…
im just glad you all believe this.
that's what politicians always do so they do not act in their own interest! oh wait no nvm
so... it holds eth? bullish
lol whatever. she is a sham either way. no different than any other politician.
she is what i'll call a twitter politician. really good at owning the opposition in 140 characters or less, but not so much for developing actual workable solutions and building a consensus and being a leader.
unwise, unintelligent, uninformed, unreasonable…. she’s trying to add “unbiased” to her resume.
why would she hold bitcoin when she can inside trade the stock market?
you need to raise over a million dollars in donations to run a successful campaign for congress. how tf is anyone going to remain "unbiased" in any way shape or form?
tldr. nancy pelosi doesn’t own bitcoin
i might get a lot of hate here but aoc is one of the only politicians whose policy decisions i actually like and it’s because of factors like this. hope she doesn’t burn out and keeps going. fox & the gop are destroying the country - and it’s part of the reason why i’m a (new) investor in the crypto market. starting to slowly move my assets out of government reach…
everyone praising her for this is gonna be so upset if she votes to hamstring crypto someday.
thanks for being a real one aoc
she has ethics. most politicians do not. lots of hate her way from cowards who hate women and especially women in power. but she’s the real deal.
that is a true leader.
it’s fun seeing the alt right melting over this article…
she doesnt invest in any stocks or coins or anything that her position would give her an advantage in. this is why some other congressmen and women hate her. she is too transparent and uncorrupted for their liking.
then she should sell her tesla and quit accepting expensive tickets to go hang and fraternize with the rich and elite. how anyone buys her bullshit is beyond me.
much righteous, so woke
not all hero’s wear capes
wish all politicians would be like her!
aoc is cute :)
the world needs more people like her.
yea this the same bi tch tht says people loot cuz there hungry (eat a 50' tv) and retail crime isnt a tht bad. youre a cun t with narratives
lol, she needs a refund from her college.
also does not help her own abuelita because she wants to be an unbiased lawmaker.
well she is useless to us!
she does not hodl bitcoin because she is an economic illiterate.
i cannot take an america hating literally-dumb bitch like her seriously.
i bet she holds fiat though.
but owns shit ton of pfizer stocks 😂
by not owning she means not directly. i’m sure there is a shell corp somewhere offshore holding her stocks and crypto.
better not own any usd either, the biased b
hope she does not hold dollars either
does she not hold dollar bills either?
she most definitely has stocks that influence her decisions. this means nothing.
aoc is a turd and a half.
well the train has left the station on that one lol
but does she hold usd?
based on this logic she definitely shouldn’t hold fiat currency or stocks either.
i wonder if holding all that new fiat cash she’s come into over the last so many years, or her stocks, makes her biased?
ok then get rid of stocks and fiat
but shouldn’t she not be keeping money in banks by this same logic…?
ok i came here expecting troll city. it was heart warming to see the community support her decision. thank you all. yuo made my morning
but she holds usd. that's ironic.
…but she holds us dollars… this is biased… extremely biased! cheers!
following that logic, i’m sure she doesn’t also trade in stocks…. right?…. right????????
the idea of aoc being an unbiased lawmaker is laughable but she is on the right track here. i do not really have a problem with congress people owning things but it should be in a blind trust or something along those lines. they should not have control over it directly while they are in office and any communication with whomever is running their investments should be harshly rebuked and punished.
i gues the national treasure oficials hold no dollars, then... this is stupid.
this is a pretty stupid reason to not hold bitcoin. by this logic, she should not own or do anything. she is going to have to vote on things that affect her personally regardless, best she can do is try to be unbiased.
problem here is she is a political figure. they need votes so they say what they half to to stay in office. this is why i’m not big into politics even if someone is honest there is always that feeling they have an alternative motive.
does she hold fiat, stocks, bonds etc… of course she does.
uh-huh. maybe she should refuse to hold any "traditional" investments and take campaign contributions, too, just so she can stay convincing.
now ask her about her stock portfolio
she doesn’t but her boyfriend does.
not holding it would also be unbiased. it means she probably has holdings in other things that she is biased towards
how does this have anything to do with legislating laws?! the same applies to literally anything owned: cars, estates, gold, businesses...etc., so should politicians have nothing to own at all to legislate laws for such fields?! this is too idealistic and has no weight in the real world! i believe aoc does this as a pr stunt, or she didn’t think it this thoroughly.
but she has a bank account?
wait till r. let's watch them spin it.
yea just her mother has the keys no worries... there’s no way a congresswoman would ensure access to a goldmine
i did not realize that was the only thing that kept her unbiased 😂😂😂...she is holding a bullshit party line
ok...but whats her ira look like...
ha, stay poor noob
but she holds us dollar?
another reason why she is an absolute knob hound
bullshit. she is been caught lieing before.
she is still the dumbest politician in the entire country.
sorry guys, i can’t own any bitcoin if i want to be a democrat!
i have never laughed so hard than i did at the notion of an unbiased politician.
is this a joke?
i doubt this is true. nothing against her but i do not really believe anything a politician says. she probably has a shell company that owns it.
probably should stay off social media too then if she wants to be unbiased…
she shouldn’t hold anything. no house, no dollar, no job, no function. she could make her own coin. a congress coin. lets name it… concoin! damn somebody thought of that first.
aoc unbiased ? you really have to be a politicians to lie blatently like that, how is it possible...
so she has no cash then too.
sure, just be an unbiased fiat holder. although i’m sure she hedges with a stock portfolio.
then why she own dollars?
i hate this lady.
she’s full of shit and if anyone even halfway believes that trash i’ve got a bridge to sell you
mark my words. this woman will become the president.
as if her opinion matters, she is without doubt among the dumbest politicians to ever hold office.
eh. i appreciate the thought, but also crypto is not a stock. feel you'd be allowing yourself to be left behind
translation: doesn't know how to
good, more bitcoin for the rest of us
she doesn’t hold coins, instead she bought a ton of george w. bush’s nfts of nuthist portraits inspired by country leaders.
i hope this does not also mean, *i'm not in the space so i do not know about it*. people like her will be making policies and regulation. it would be a nightmare if nobody familiar with the topic was in the room at that time.
what does this even mean? if you do not hold crypto people will think you're "biased' against it. if you hold it, lawmakers will instantly think your policies are driven because of your crypto holdings. like holy shit, these politicians hold so many stocks... what a stupid thistraction to a root issue.
as much as i do not like aoc, and as much as i kinda doubt that is her real reason, that is the right reason. i have thought about that and i realized that if i ever ran for any office since i am very pro crypto i would want to sell all my crypto so that i could promote good crypto legislation and work against bad legislation without being accused of doing it for my own benefit.
the beauty of crypto is, we would never know.
the funny thing is they have very limited impact on crypto like btc's value but hold stock all day when they have complete control over that
she obviously never tasted money. all politians will eventually get greedy. there's no way around it. she will turn around soon or later.
what about her assets in the pelosi holdings??
yes, honey, we wouldn't want you to be biased. keep up the good work brining communism to america. not like we had generation after generation giving their life to stop the very thing you are pushing.
good for her. i wonder if she holds stocks in any individual companies or maybe just index funds. it would be nice if other politicians followed her lead.
does anyone believe this bullshit?
politicians should have the right to own whatever they would like as long as they are completely transparent about their assets and it’s relation to their career (donors, stances, legislation, etc.). then we can choose if we want to vote for someone with (my decision would be to not vote for this politician). there’s nothing wrong with bias or incentives, but there’s something wrong with claiming to be unbiased or dec-incentivized when that’s virtually impossible
she’s just such a good girl. let’s throw her a parade!
damn that is some fancy ass politicking with that statement. i also like the “she doesn’t hold” cause i can read between the lines in many ways
whenever the wealthy says “ **i** don’t…”, i always think it’s because they let their llc or foundation do it for them. this is not directed at aoc, per se., but it should be our instinctive thought about all rich people.
can't she let her investments be handled by a third party? just like how politicians do that for business interests. (i do not know the term. every president did it, i understood, except trump.)
"but if i did, you'd have no way of knowing i did, so this statement is basically just me appeasing those who do not understand."
"aoc a better person and a better politician than nancy pelosi. also, water is wet. more at 11."
this is an amazing way of spinning the fact you have no idea what crypto is and totally missed the boat. props to aoc for always turning her lemonade into lemons
while taking lobbyists donations…...ummm ok.
does she hold stocks or receive payments from entities other then the government? i’m betting the answer is yes.
i guess she should not comment any further on budget thiscussions or how taxpayer money should be spent, seeings that is where her official salary comes from.
i don’t agree with many of her policies, but i def agree with this. politicians should not be holding individual crypto or equity names. they should only be allowed to hold index funds if they want to run for any political office. same goes for any of their direct family members. it’s a position that you are in to better the county, not to make a successful career out of and to enrich yourself. only way to eliminate conflict of interest is to make it impossible to have conflict. also our politicians are way too old and have so much diminished capacity. if our active politicians are dying from old age, we need to seriously consider re-evaluating age limits. but that’s another story.
one would think this should be common place with other investments or assets like stocks specifically.
wow this is reall a rorschach test. eth jokes, people in the circlejerk and the contrarian she sucks. she’s more honest than the cronies but she sold out a long time ago.
good to see lawmakers aiming for unbiased viewpoints, seems a rare occorance.
one of the few politicians left who arent completely corrupt
1. believe nothing politician says. its all optics. 2. she is probably bought and paid for by someone who doesn’t like crypto.
hope she’s saying the truth. and yes, being politician opens up to unlimited opportunity to lobby.
i mean i agree but the asshole in me wants her to buy some and get positively biased towards it.
honestly, i thisagree with people praising her under the guise of "politicians should do this with stocks as well." bitcoin is not meant to be treated like a stock. it's primary use case is to be treated as money. for consistency sake, it would make much more sense if aoc revealed that she does not hold any usd because she wants to be an unbiased lawmaker. she can pass laws that directly impact the objective-exchange ratio of the dollar against other goods. she can influence legal tender laws. she can influence interest rates priced in usd. therefore, if she believes what she is throwing out, she should not hold any usd. this is a load of bs and anybody praising her is not seeing the big picture. aoc is a fool and her supporters are tools. understand what bitcoin is and is not. understand what a stock is and is not. understand what money is and is not. understand what currency is and is not. understand what most politicians are and are not.
just because aoc isn’t holding it doesn’t mean progressives shouldn’t invest their thisposable income into crypto and stocks. unfortunately it’s the way out from salaried life and gives financial independence. we need to be financially literate
unless her investment portfolio also does not hold any stock in companies that she might ever have to consider regulating or otherwise legislating against, this is purely for optics.
okay... now tell the others !
she mst be into eth
hopefully she will teach those fed bankers a thing or two about conflicts of interest...
it’s a good point.
yeah, sex is good, but have you ever had an elected official with integrity...omg
now eth? that’s a different story
eh, it is a noble aspiration but it is impossible to be unbiased... like you could just extrapolate to say that means she is biased in favor of cash (specifically, us dollars).
hey as long as she understands crypto, it’s not bad. doesn’t matter if you are unbiased or biased if you don’t have the proper knowledge.
i'll share with you bb
i think it’s a wise position to try to remain unbiased and untainted from gains
she does hold a nice "eat the rich" dress.
whoa. integrity? in politics? i cannot wait until i'm 70 and i get to vote for her for president.
news flash you could own bitcoin as a lawmaker and still do what is best for the majority even if it would hurt your own crypto position. that would make you a good lawmaker.
she does hold ethereum tho 😄
while the intention is much appreciated, there is a small caveat. it is a bit easier to know if you are holding stocks or have investments that lead to a conflict of interest. however, it is impossible to know if she holds monero. not just her but anyone. the value of privacy people. never let it die
i admire her moral standpoint on this situation. however, imagine not holding btc omegalul
every politician holds stocks. the bias coming from holding stocks has much more influence than holding a decentralized network protocol coin. saying you don’t hold bitcoin because you want to remain unbiased is silly and proves you don’t understand what crypto is.
*plot twist: she transfer btc to abuela*
if you think its not ok for lawmakers and government officials to stocks or insider trade then you shouldnt be in favor of them owning crypto either. its the same thing silly
i do not like aoc for a few reasons but this... this i like. good job aoc
politicians shouldn’t know any of what they hold because all their investing should be done in a blind trust while they’re in office
we should just ban them from holding investments at all and give them fat bonuses based on how much the economy empirically improved. if we cannot get rid of corruption why do not we just make the american people the biggest lobbyist.
why are people so supportive of this? bitcoin is money, i want politicians to have a vested interest in it. politicians should also have etfs and such because i want them to want the economy to succeed but i agree with not allowing individual stocks as that makes them want to write laws that favor those companies and hurt their competitors. however, if they arent allowed to own stock then they just take bribes under the table from these companies. also, what if they owned the stocks before they entered office.
>"because we have access to sensitive information and upcoming policy, i do not believe members of congress should hold," she said. woah, an actual sensible take from a politician, you love to see it
a lot of people saying lawmakers should hold crypto or stocks due to conflicts of interest i agree with that logic, however these are still humans who need to retire one day... what are they supposed to do? keep money in a bank to be eaten by inflation and never grow enough to retire on? invest in housing? that's another conflict of interest. ideally their money would be in a blind trust, practically though they would still be managing their money behind the scenes. there's no good solution.
she’s long on eth.
this is a good thing.
lawmakers should have a fund they contribute to that grows by the rate of cost of living increase yoy so that they can make better laws
hey be nice if most folks switched to bitcoin, need to get rid of petrol dollar.
now eth on the other hand...
"hold" "buítcoin" now please remind me, is this a currency or a piece of speculation
i remember that one politician who said a while ago that cryptos are racist because they are expensive or something.
question: does she hold usd?
abstaining from market participation does not make her unbiased. in fact, quite the opposite.
also wanted to remind people her partner (now fiance?) is a software developer so besides being a millennial so it is not because she does not know she has almost basically direct access to a person who potentially knows about this. she does not hold for purely ethical reasons
bitcoin is just an inefficient database... thats why
i can respect that
1. the btc is in her "husband's wallet" 2. she holds alts
well i hope it is true. wouldn't be the first time a politician has lied about somethjng like that and i do not find my skepticism to be out of the ordinary as a result of being lied to countless times. so i hope it is true.
the only investment us politicians should be allowed to make is in us treasuries
plot twist: she bought meme token called unbiased-token
well, it is tax money. it'd only be fair if they were only allowed to invest in public institutions, we'd end up indirectly receiving some money back at least.
one of the good ones. doesn't mean she does not have other people hold assets for her
assets > billions trust done. hold whatever your trust executor decides.
btc is not only crypto
as long as she isn’t anti crypto, it’s fine by me if she’s doesn’t or does hold crypto.
this is good, more pols should do this.
she is so ethical
ignoring the dmiwits on here who have tied their own self worth to crypto, it is a respectable decision. the states would be a lot better if most of the politicians had even half of her integrity.
i don’t care if politicians invest their money. i think everyone should be educated and entitled to do so. the problem is all of the insider info they use to orchestrate market mayhem through bull runs and sell offs. they should just be restricted in the same manner you and i are. the same rules for retail investors should apply to everyone, but we know that will never happen. *rules for thee, not for me.*
tell her to try some algo.
this sounds about right, but i’ve been thinking that we should have lobbyists for politicians that all they do is explain cryptocurrency and show them how to buy and the results will probably speak for them self’s and we’ll have all these politicians hooked on the gains, lol.
and the btc boys on twitter are fucking livid. for no logical reason that we can thiscern.
a majority of people don’t yet hold crypto and it’s too easy to claim that is for principled reasons. i’d be more impressed if she said she didn’t hold any stocks.
is it really any different than putting money in your bank and not having that conflict of interest when they need to be bailed out? i love her but i do not know, it just feels like no matter what you cannot separate your conflict of interest entirely and just using some common sense ethics of not investing in medical equipment companies when you have insider knowledge of an upcoming pandemic seems like a sufficiently reasonable level of being unbiased.
sounds like a bias to me and honestly i'd rather have her trade crypto than not, people who are against anyone supporting her trading crypto or supporting her decision not to trade crypto needs to leave this sub, we are here to advance cryptocurrencies to a place where we take over the financial system, therefore the more team members we have the better, all politicians every single american every single individual all over the world need to have bitcoin, ethereum, and avalanche.
this actually does not make sense. is she not supposed to hold stocks or bonds? how about cash? so if your a public servant you are locked out of all asset classes? i agree they should not use insider information but it is also unfair to be blocked from investing.
bot doing good work...
bs she holds crypto. it's like saying nancy pelosi does not own stocks.
she didn’t buy the dip
if you believe anything that comes out of her, or any other politician's mouth, then i do not know how to help you.
not having bitcoin also makes you biased as you do not want bitcoin to go up so people invest in traditional stocks (which she probably holds)
bet someone’s holding some for her
she doesn’t hold any securities because that’s the right thing to do if you’re a politician.
got to respect that. she isn’t against crypto though.
people need to get away from good sake of crypto currency.
it is kinda a currency though. do you not have dollars to remain unbiased?
lol okay sure. she is just mad she did not get in early.
meanwhile she’ll be making speeches at 50k a pop at some point in her sure to be long career as another career politician. would respect her more if she believed in term limits and retired after 8 years and went back to civilian life tbh
i've always admired her, but she lost my support when she did the crying thing over the israel vote. vote one way or the other; telegraphing your supposed agony over not doing what you stood for is worse than doing nothing.
that's because she holds monero. if you know you know
eth? this is the most uninspiring pathetic excuse for plausible deniability that i just passed my pants with contempt.
imagine this logic applied to usd.
this is great and all, but would it be a surprise to hear that the majority of politicians do not have any crypto investments because they are too stupid < not saying aoc is stupid, since she is intentionally not holding crypto>
i do not even know who she is...
hope she doesn’t hold other assets like gold, stock, real estate, or cash by that logic. her policies impact the value of all of them.
then she shouldn’t hold fiat either
so no other investments as well? cause that is dumb.
she means unbiased towards the imf.
she will try to take yours instead
the reason she does not hold bitcoin is because she thinks cryptocurrency is something you find in a graveyard. (btw - sure her white as rice boyfriend owns some)
but gram and pap do probably. it's not like who holds them has their name stamped on them. would they be hers if she gave the money to purchase them? or if the keys they hold are in her house vs her parents house, or aunt, or sibling, or grandparents? i could hand my wallet to someone and technically they now hold btc. this whole article and statement is pointless.
there would be no way to find out. beauty of bitcoin.
perfectly reasonable position to take and i applaud any politician that goes out of their way to avoid a conflict of interest, especially when it really feels like there is no repercussions for having flagrant conflicts of interest and no rewards (besides political optics maybe) for avoiding them. my only counterpoint might be that holding no crypto currencies could cause bias in the other direction, especially if coupled with a lack of understanding about the technology and philosophy that gave rise to them. idk, i'm nitpicking at this point. i do not want politicians legislating about something they fundamentally do not understand, but on the other side of that coin i *really* do not want politicians who do understand it and unscrupulously line their pockets with that knowledge. don't agree with aoc on everything but she really does hit different sometimes.
does she hold any stock? any mutual fund? is she putting any money in any pension fund? has she hired any financial advisor to manage her money? if she does not want to be biased, then the answer to all above should be a clear no. however, if the answer to all above is no, then she is not managing her money well.
how do "we the people" get anything done? it seems like somewhere along the way our power to change things was completely taken away. so many people want the same basic changes regardless of party affiliation yet nothing can be done about it. the people who constantly bring up "the founders" to shove antiquated laws down our throats are completely ignorant of the intentions of the bill of rights. i feel like i live in a failed state. i'm glad i'm almost 50 now because i do not want to see where this shitshow will be in another 50 years.
how much pfizer does she own though? none of them are good lawmakers
also, she likely gets paid handsomely from lobbyists and events
1 out of how many?
this is a bunch of crap. the legislators are literally immune from insider trading laws. and somehow she is above everyone else and more morally centered? give me a break. they should not be able to invest in the stock market. they know where the money's made and it is not in crypto.
“reveals” is… is this not just common sense?
people who actually understand the greater good and know that the compromises and sacrifices they have to make for the position that they choose are true leaders.
she might not, but her partner will.
not sure if it is really necessary but i still appreciate it.
the one who speak less about crypto holds more than anyone.
respect lady. now raise the minimum wage so ameripoors can stack more sats.
if only every other politician followed suit. i find it baffling how it can be legal for the people who have the power to alter day to day life can trade in the market. obviously there’s gonna be instances of insider trading at some point as we have all seen
idk if i agree with this because this is kind of like saying you don’t accept cash as a form of payment because you want to be an unbiased law maker. imo crypto isn’t the same as stockholding, even if people treat it like it is
what about the boyfriend?!?
mehh. she likely uses banks, though, and she likely is voting on laws involved with that...
also she’s smart enough to not waste time and finite natural resources to line her own pocket. she’s not a dumbass.
doesn’t sound like a smart career choice sort of just sounds like a shitty financial decision
her son on the other hand...
still has a telsa and attends rich peoples parties while acting like she is for poor people. but definitely down for politician not investing other then a 401k when in office.
that's a fucking champ move. wow. stuff like this still happens ;o
but it’s just a currency.
 unlike pelosi who gets a 69% return on her investments. i keep meaning to buy the same stuff that pelosi does, but i keep forgetting to. back to aoc — i respect her for a lot of things; though this post does beg the question: what does aoc hold?
"unbiased lawmaker" talk about an oxymoron
> caring what pea brain aoc thinks... k
looks like she owns clothing and lipstick. that might make her unbiased!
glad she will be broke in the future
i do not care if she dont own a bitcoin...but she is so fuckin hot...yum...yum!
she does not have bitcoin because you need to be smarter than a fifth grader to understand it 🤣
this means nothing their spouse can turn around and hold all the crypto they want. also i believe she should be able to hold crypto anyways. why do you guys like so many rules outside of the norm?
wonder how much her bf has
doesn't want to be seen as a biased lawmaker lmfao. she is one of the most bias ones out there
she is plenty biased. seeing how she goes the party line and the party let us her "speak" out to an extent but with nothing real coming from it
i want a pic of her feet
just to be fair, that is why you have family. they can invest. i do appreciate her as a person and a politician and i do not necessarily question her here. however, i could see someone from across the isle saying this and the eyes would roll. just trying to look at this objective. so many things have been a conflict of interest and no one is held accountable. i want to trust politics but it is nebulous...like religion.
presumably she owns fiat.
she’s too dum to hodl crypto
she holds fiat so not unbiased
heartbreaking: the worst person you know just made a great point
stocks and crypto are investments, sort of, a stock is manipulated, inside information is shared, stocks are given as a return for future favors. crypto has none of that, zero, crypto can not be treated similarly to a stock except for by the ignorant folks who care to not understand.
how many usds does she hold?
are you going to burn your money while you're at it?
so she has eth right?
note to self. work on becoming a corrupt politician.
aoc: holding bitcoin makes me seem biaist. also aoc: thank you university of california for your ,026 donation. thank you google for your ,796 donation. thank you new york taxpayers for your ,637 donation. thank you amazon for your ,212 donation. thank you apple for your ,186 donation. thank you microsoft for your ,785 donation. thank you at&t for your ,674 donation. thank you facebook for your ,581 donation. thank you walt-disney for your 26,822 donation. thank you state of california taxpayers for your ,513 donation. thank you former republican tom o'halleran for your ,000 donation. i love being a biaist. also aoc (in her head): and by "thank you", i mean "i deserve more". and by "not owning bitcoin" i mean after a few investments failed, i gave up.
she does not, what about her boyfriend though
so does she also not buy stocks? or have federal dollars?
is she also not using money? 🤔 i thought crypto was a currency like money... so by staying unbiased she is somewhat biased no?
but does she hold rubels or bolivars?
does she hold fiat? how can she legislate on fiat? based
tell me you hold bitcoin without telling me you hold bitcoin
so she owns zero stock in anything? doubt it
can she not own gold? she holds fiat currency. she should be able to hold btc
i know the feeling. she’s just bitter she missed the train in 2010, just like me.
i mean as long as she does not hold stocks and thinks that is unbiased idgaf
now do pelosi and insider trading.
it hurts my head trying to determine an opinion on her lel
her husband can still own it, idiots
also, it’s a completely irresponsible gamble with one’s money.
wow. she does not need crypto or real money. she has been re-elected. she has donors and government freebies for everything else.
this is good for bitcoin.
i don’t believe that and neither should you. :)
there is no need to be worry about anything if she will speak negative.
politicians thrive on every windfall...good or bad. without it they cannot beg for votes to act like they give a fuck about your agenda all while actually playing both sides. they are the definition of shady.
lol. they shouldn’t hold cash then either…
yes not that fact the 99% of crypto holders are men
real question, can some one point out what a negative aspect is of a lawmaker not holding crypto?
but her man has 1+ million in it i bet ... that's how all these politicians are, they say one thing and their spouse.
only using the us dollar seems bias. drink tap water vs bottle water seems bias. the electricity, gas, car, etc...
tldr; aoc, only buys, doge.
i don’t necessarily agree with much of what she proposes or thinks but good on her part
i don’t wanna be a politician, a journo, or anything that would get between me and my crypto. i just wanna be a degen and make plays on the market.
nice try, but there’s no such thing
good. you cannot make impartial decisions about anything that drastically affects your personal finances.
tell that to all politicians!!!!
a politician with morals?!? in all seriousness though, i wish more cared as much as she does.
that's because she wants to regulate it!
hey, that’s the combination to my luggage.
doesn’t not owning crypto also make someone biased against it?
i heard the news that us is having maximum miners in the world.
can we draw a thistinction here between "unbiased" and "conflict of interest"? lawmakers are not judges, have every right to be biased, as in they are allowed to base their decisions on their own opinions. they were elected based on those opinions, after all. but a conflict of interest, on the other hand, would be if the decisions they make can personally affect them to such an extent that it may influence their decision. also, they are allowed to own stock, but are beholden to insider trading laws.
bias has existed long before bitcoin has. what is creating bias will always be in the system, cold hard cash.
i wanna hold her asscheeks
bet she is holding some 😂
i’m pretty sure it’s because socialists aren’t exactly all that commonly investors, the funny thing is a lot more of them have stocks when that market’s inherently more ethically dubious than trading crypto. there aren’t a lot of blue and white collar workers suffering at the expense of appeasing shareholders around here.
looks like she will do a good job, at least she has common sense
bullish on lawn makers
you'd think this was be a bipartisan thing in agreement, but some people just dont like her. so...they do not like this idea???
what a bunch of horsefap
regardless of how you feel about aoc, this is generally a good move by her considering she has the ability to shape policy around crypto
i like the idea, but it has flaws. like what if my wife decides to run for office. what do i do with all my crypto and stock? i'd give a very big fuck that if i was expected to stop trading cause my wife decided to get into politics after we'd been investing together for years. and if i did not have to give it up, well you can see the pretty obvious and easy loophole...
lmfao that's rich coming from aoc.
>aoc reveals she does not hold bitcoin because she wants to be an unbiased lawmaker how nice. has she shed all the rest of her investments in order to be an unbiased lawmaker? highly doubt.
she might not havy bitcoin, but she sure does have a cracking minge
yeah sure, let us believe that :d
neat. i still think she’s a tyrant.
seems biased towards usd tbh
let just check the wallet holding with her name to find the trust.
i really don’t see anything wrong with crypto though. it’s sad that politicians are so corrupt that even attempting to gamble on stocks and crypto makes you look guilty. i wished there was a way to actually prosecute corrupt politicians, but party ties seem to be stronger than moral ones.
it's not biased saying bitcoins and cryptocurrency are a scam. only fraudsters like that.
meanwhile lauren boebert been dca’ing on safefloki-inu
based and hyper-inflationary fiat pilled.
lol, she is a human and a politician... probably biased even if she didnt want to be.
i thislike her but this is respectable.
i was waiting for the day when bitcoin would touch 100k.
bad for her who is next?
solid stance. it should be the law.
good god she actually said something that makes sense, this has to be fake.
~~i wish i bought bitcoin in 2013~~...uh yeah i dont own bitcoin because i want to be unbiased too!
damn, she’s so fine!
i believe her she could definitely come to the fish fry.
does she own a house?
well not being able to invest in an inflation hedge at all is a bit harsh but trading should be restricted i agree make them put it in a retirement account that can’t be day traded
she holds eth and blok.
as a non-american. does she has any weight or an impact on the party? im sick of all the aoc news.
how noble of her…….
she just cannot figure out how
aoc? unbiased? lol, not that i do not agree with her on a variety of issues, but c'mon
good people dont make it sadly.
yes aoc the unbiased lawmaker
plot twist: there is no twist and she hold great ideals that many ought to learn from, but so many are focused on money, thus no one will learn.
so she owns a ford she is not biased toward the auto industry or the ford motor company but if she is aware enough to see the writing on the wall and participates in the future by owning a piece of it then she is biased?
if she wanted pelosi's job she should start casually dropping the fact that pelosi's portfolio has averaged 68% annual returns.
yes, that is how it is siposed to be... representatives should not hold socks either...
so uhm how did she prove this
please give me all your fiat. then you will be truly unbiased
bitcoin is an inefficient database.
strange stance when you consider she will have money in banks, stocks etc
don't hold dollar too, then?
sweet, one step closer to no mo back room dealings and market corruption
i don’t hold bitcoin because i’m poor.
well... that, and bitcoin is worthless... there is that too...
this means she is holding bitcoin, with little doubt.
she is an absolute fool. that's my entire contribution, it is edited because i do not wanna get banned
no worries her mom is holding some for her.
wow! so stunning and brave.
it’s kind of nice for a change to see a politician try to not do a bunch of self-dealing when it comes to political decisions they make and how that will financially benefit themselves.
and if you believe that i have some magic beans to sell you.
does she also believe she cannot write fiscal policy or banking regulations because she uses cash ?
it is not a first time when someone tried to low down the market.
i am once again asking for your dca.
ahhh, that’s fucking funny.
i really don’t think one has anything to do with the other
all elected officials shouldn’t own stocks
they should be biased though… towards morality. it shouldn’t be a problem if they do hold crypto if they believe in it, because the very essence of their chosen career path should revolve around doing the right thing. the reason there’s so much conflict of interest is because they abuse their positions. trading stocks isn’t the problem; it’s that the system that elects lawmakers is corrupt. this is like blaming a gun when someone gets shot.
how is that unbiased? doesn't it mean she is biased towards not giving crap about it? how can she make laws on something she doesnt use or understand? if you're not a user, you cant get the full feel. its like how politicians think they understand poor people struggling.
does she have usd? or any stock?
politicians holding assets is like the jury of a court case betting on the outcome
isn't this sub supposed to paint crypto as a fiat-alternative and not an investment? if so, wouldn't any store of value bias her? from the crypto adopters' perspective, holding literal paper usd could still bias a politician by making him advocate for deflation or something. i'm not aware whether aoc keeps the vast majority of her assets in a blind trust, but if not, crypto is just as bad as any other option and this kind of seems like political hot air to me.
we all know her family members holding btc and other crypto for her
bet she holds us dollars
whatever it takes to get her name in the media. she’s as bad a schumer.
great, another sub that’s going to be filled with people simping over double-standards mchorseface.
let's set her up with a wallet so that she is not too poor in the future. like a gofundme for aoc's retirement. i'll throw in a few bucks. make a multisig wallet and give the keys to... bernie? naw he will croak. who can hold the keys?
does she hold a house and other types of i vestments? does she hold money, does she eat? it's a weird position for her to hold.
that's generally how we roll in canada. putting your assets into a blind trust is not required, but it is usually done if you want to get elected. if you do not there are tons of rules you have to follow. here's an incident where a former finance minister (no us equivalent, as he is responsible for the federal budget) was found to have not done that, and he got hammered until he did.
does she own stocks? does she have campaign donors? how can she be unbiased? what a dumb argument.
hope she does not hold fiat. don't want her to be biased.
but she holds dollars with no issues...hypocrisy anyone?
does she hold the us dollar?
this has got to be the most upvoted post of 2021.
kind of surprised members of the house. my cousin got a defense contractor job with the government and they ban bitcoin purchases because of some blackmail clause since it can be tied to illegal activity.
lol okay. there's dozens of ways to invest unbiasedly
no bias at all, she is been completely transparent in her intention to support the government spying on, taking, and making rules about other people's money, the very things private and secure currencies try to prevent.
an unbiased lawmaker? no such thing. that concept does not exist.
i wonder if she continues to stay away from corruption into the later years, or if her ethics hold
i just spit out my water reading that title.
isn't she still biased because she does not have any.
the amount of people on a cryptocurrency sub telling others what they should be doing with their money is hilarious. aren’t you here for deregulation of currency… or are you just pretend day traders trying to get rich quick ?
will she give up all her federal reserve notes and stock holdings also?
all lawmakers should be barred from holding crypto. its unamerican for them to hold it if you ask me.
she is a great elected official! more should follow her lead
you can’t spell loca without aoc
what a dip shit
she can’t spell unbiased
i do not understand that. btc is not a stock, it is not a business. eh...
nice try charlie lee.
bitcoin is the most precious thing, we human ever introduced.
how does this have 22.2k upvotes? did the normies on r? meanwhile crypto taxes being bullshit gets locked and comments sorted.
the only time i can agree with her
when a group of people follow someone, people use them.
good for her but… why not do that with her securities too?
nancy pelosi has not giver her permission yet.
but does she use fiat currency?
there is always someone who is going to take back crypto.
investments and holdings of politicians should be transparent. if there would only be a way to solve that 🤔🤔🤔
oh good she will just stick with the normal slimy greedy shit politicians do and pay herself on the back for not being a cyber asshole. great?
say what you want about her. she does have some principles
good lord. she’s probably the most biased lawmaker i can think of.
i would put my assets in my family members name too, smart woman
any opportunity to ...
does not mean she does not day trade it
no matter what happens members of the government will always make money. you cannot forbid parent's, in-laws, boyfriend, of members to trade stocks or get massive payouts. or like some members, who's thistricts main income is trading like soybeans or jean, or whisky to foreign countries (china) get sanctions and lose money until they force the fed gov to not sanction them or talk about something. the turtle from the republicans wbos state is in kentucky is guilty of that with hard evidence but no one talks about that. or the entire group gets hacked by russia and forced to do what they want if they do not want heavily incriminating stuff released.
she can hold my balls.
i totally get where she’s coming from, but she’s probably more biased by holding usd, as bitcoin has no political agenda in the world. it just exists for use. it pays people to work for it based on its coding.
i respect this. but i’m hodl
as a politician i agree. as a muggle, nahhh
massive respect for her. we need more people in higher positions like her
some people are trying to make us as china who uses for manipulation.
why does this women exist? clearly has no interest in the american public. laughably silly, on a daily basis.
sounds like it is time to make aoc coin
a lot of people like her had already tried to take down crypto.
she doesn’t have it because she’s doesn’t understand the fundamental problems of place she works
so she invests in doge and eth instead
finally something i like about her
unbiased law maker? is there such a thing?
and by doing that, she automatically becomes biased towards whatever other holding besides btc she has (whether fiat or other crypto).
not trying to be an ass here . . . but most of my friends who have student loan debt are trying to pay it off quicker and not invest. that's what i did when i had loans. and aoc complains about her loans.
i truly believe aoc is one of the few if not the only non corrupt politician in congress. they all fear her because she is fighting for the common person because she was one and she understands what it is truly like to be in our shoes. aoc is the model politician we all need. she is truly making waves in congress and puts the boomers in their place.
firstly, she is too stupid to know what bitcoin is
she also can’t be bothered by mob looting
that is actually a respectable position
one of the few who isn’t in it for the money, so no surprise she is so vilified by the right.
does she hold stocks?
not investing in crypto current i get. but she doesn’t invest in stocks? girls net worth is gonna die to inflation
i don’t hold office because i want to be an unbiased bitcoin holder
does she hold us dollars? or any stocks?
what a sap. doesn’t she know the point of being in congress is to leave it 100x richer than when you started?
no way of proving it so who the fuck cares, just more clicks with cute headlines.
but she’s all about that doge!
ask her what stocks she owns
when you get hundreds of thousands in salary and speaking fees you don’t need bitcoin
she is so hot. i would sell all my bitcoin to be her slave for even 1 minute!
i remember her saying on a livestream how she doesn’t have any stocks either so companies can’t have any leverage on her and she can remain unbias
i don’t want to be that guy but as the rest of her personal finances, as well as what she fights for, are completely in shambles i think this is more from a competency perspective than from an altruistic one.
if the goal is for bitcoin to be basically the dollar, isn’t this counterproductive? i’m sure she “holds” dollars in her bank account. you catch my drift?
unlike other representatives, she relies on her salary and not investments or big money from corporations. she is not being paid off.
that’s like saying even though i’m a fish i refuse to swim in water cause all the other fish pee and pooh in it. 🥴
but she’s holding fiat so she’s going to be biased either way
we'll, she has student loan debt and wants to have that erased. seems she is only unbiased when it suits her needs. i'm not anti aoc, but just calling it what it is.
she holds zero stocks? wow….
does anyone know her stock portfolio? i'm sure she is heavily invested and making millions...
and that’s when we learned not a single other politician made that statement… really makes you wonder about the people we elect
so she’ll vote against it probably
she should not hold fiat either then by that logic.
make this person president already
almost half of the population believe there should not be financial transparency aka the election of trump. what fools.
isn’t not having it just as much of a bias?
unbiased is bit of a stretch but sure
they could day this but have their children invested in it with their money lol
pro tip: you can still be biased and not own it. she might know someone who does.
ummm… her biases are elsewhere.
not holding bit coin makes you biases to cold hard cash
soon someone will come up with bad effects on environment.
does she holds usd? if yes, then by her own logic how could she be unbiased?
be the fucking change you want to see.
and coz she smart, so probably got eth and upcoming alts.
does she own any stock?
so no stock in banks, tech companies, automobile companies, energy companies too then i guess?
people get panic and start misbehaving causing market crash.
if she wanted to be inbiased she would put half her holdings into crypto.
what the benefit of crypto? i don’t get it. nobody accepts it so what’s the point?
aoc being unbiased is like saying ice isn’t cold.
wow, it makes ya wonder if this is why they really pushing the vaccine so hard tbh. i will go on and say it if no one else will and no i'm not an anti vaxxer
ooohhh my heckin' god!!! *slurps soylent* yaaasssss
clearly no one read the article lol "because we have access to sensitive information and upcoming policy, i do not believe members of congress should hold," she said. "i also extend that to digital assets(especially bc i sit on financial services committee)." "so the answer is no bc i want to do my job as ethically and impartially as i can," the lawmaker added.
so she does not own stock? does she have a credit card? bank account? i see no reason why someone cannot own assets and be impartial at the same time (or partial for that matter)
so she holds no stocks or currencies?
i like this, i wonder what bernie sanders take is. i know he fought to bank the unbanked in his last political runs and bitcoin would do just that with decentralized finance and providing a savings account to anyone witha smart phone.
change the title to “aoc reveals she’s a dumbass”, if she does this to bitcoin to be unbiased she would need to do this to everything. cant vote on something regarding rent if she pays rent, can’t get an electric car…...
does she hold usd?
these are the things she says whenever the camera is on her. eventually she is going to be caught by a hot mic doing some hypocritical shit. my guess would be that she holds at least a single coin.
lmao, yeah okay tell me another fairy tale.
just she is trying to be in the list of whales and no one guess that.
id go full bitcoin given the option and if i could convince the mrs. it will get there eventually where everyone accepts it.
then she have the bias of one not holding it
so this means she has bitcoin
"i do not hold the us dollar or any animal hides because i do not want to be an unbiased lawmaker."
i’d prefer she be a powerful one
bet her husband does
should be the bare minimum
how about because it is terrible for the environment?
and it’s super easy to say that knowing no one will know either way. it’s probably buried in her portfolio that is buried in a shield wall of various shell corps.
she has to payoff her student loans before she can buy a bitcoin.
if it wasn’t because of that the bitch would be loaded, like any capitalist would.
us need to learn something from a poor country we know as el salvador.
ohhh please these clown want to tax the crypto
that's cool and all but i meannnn no one can truly be unbiased can they? im sure she has relatives and friends who hold a bit of bitcoin.
but not holding bitcoin makes her biased against it
but she holds the usd...
bullshit!!! how do they go in government the same as us and come out millionaires.
something about broken clocks comes to mind
she can’t figure out how it works, that’s why lol
i wonder if she holds any moderna
i’m not sure which is more detached from reality: an unbiased lawmaker or aoc in particular being unbiased.
the more i see from this woman, the more i side with her. a little conflicted.
but she is selling merchanthise like posters, apparel, comic books, documentaries based on her in politics and so on. seems more like optics maybe? or that she just either doesn’t understand it or doesn’t believe in cryptocurrency. i’m not buying the “i don’t want to look bias” excuse. i wonder what her stance is regarding cryptocurrency and the regulations that politicians have already tried to push for. i wonder where she and the rest of the elected officials stand on privacy coins like monero, pirate chain and mixers like tornado cash, ergo mixer. that is where my concerns are. privacy, regulations, taxes (such as taxing rewards and unrealized gains. the percentage that they think is “fair” that we must pay) id like to finally hear from politicians from all sides on exactly where they stand on these issues.
do people never refer to her by her name? as a non-american it took me way too long to realize aoc is a person (not in this thread, i already knew her, but before i knew i always thought aoc was some organization). why not just use her surname like or full name in articles like with any other politician?
a lot of whales are waiting for the market to get crashed down again.
allow me to say this in my native french language, fuck yeah! pardon my french.
i bet you she holds fiat... not biased at all. wonder if she owns stocks. i like her i really do, but do not be so pretentious. if you own stock in any company you're already biased. full thisclosure: i'm making some assumptions here and only read the headline. maybe i'm the one being pretentious.
does she hold student debt though? would make her opinions on student loan forgiveness pretty biased
if people aren’t clear on this: she’s eyeing presidency at some point. she is keeping her name clear and knows it’s being reported on. it’s a retrograde rap sheet. like her or not. you have to think she’s coming.
i am seeing more & more of these devils here. that cannot be good for crypto.
that’s why she holds xmr
that is the only reason she did not buy a bunch of bitcoin in 2005
she couldn’t afford her apt in dc when she started how could she afford a bitcoin now?
omg an honest person?
how does bitcoin hold any more bias than usd? confused at this response
but her trust does.
she probably just doesn’t understand it
i have bad news for her on that...
get rid of the tesla then
btc is currency, does she hold usd??? no difference.
as somebody on the finance committee, i'd rather be an informed lawmaker, over unbiased.
just pretend cryptocurrency is “other people’s money” and you’ll be fine.
wtf ever…... they all dip their hand in the pot somehow
umm 🤔 with that logic she should probably cough up her fiat then.
,「,d see all 2, qq ee
hmm but remains biased on every other issue but cryptocurrency interesting
i think we need to decide whether crypto is currency or investment.
she does not own it because they are going to legislate it... not crazy idea.
now let us hope she fights for m4a! medicare for all. everytime she votes in favor of nancy pelosi or biden, it is an l. don't be fooled by pronouns! everytime you hear they instead of he or her, they are winning and not giving us higher minimum wage or health-care for all
kudos to aoc on this one
does she hold dollars backed by us treasury bonds?
let just hope she will not speak negative about crypto.
representing the younger crowd , i thought she would dig btc
does she also not hold any dollars?
i thought united states is going to adopt crypto currency one day.
this should be law
aoc admits she doesn’t own bitcoin, other crypto or even stonks because…she doesn’t understand investing, financial systems, money, how the branches of the us government work or how orange can be both a color and a juice.
she should hold dogecoin
aoc is a nut case.
why does this make me want to smash her tenderly?
i hope she stays strong and does not let dc corrupt her .
*opens up her td ameritrade account* hmmmmmmmmmm
she is and always has been a complete idiot. she does not understand how economics or money work.
honestly i thisagree with a lot of things aoc says and stands for but i really like her. i am super liberal. roasters have at me! but she is the kind of extreme we need to push the progression pendulum even a smidge. she is the young bernie in female form i think we need. i used to hate her but i am warming up to this woman. she is kind of too sharp for these old bastards and i love it.
i'm sure she would be unbiased even if she held btcs. integrity in humans does not depend upon material stuffs. if it does, then he does not have integrity.
but she holds...usd? does that make her biased.
that could be good or bad
but their spouse and family holds 10000btc?
there are at least 4.1 million amc shareholders. during the august amc shareholder meeting 63.6 thousand amc share holders registered 67.9 million shares(that’s an average of about 1,000 shares per shareholder btw) . even if you take the most bearish statistical outcome there are 1billion shares bought and held by retail and that’s not including institutions or insiders(institutions and insiders hold over 214 million shares) .amc🚀🌕
they can trade whatever just make it transparent.
almost all of the major companies are holding funds in crypto coin.
lol she just never bought because it’s a “bubble”
well, if she is for bitcoin then now's the time to do what you believe in. i would rather trust someone making policies on bitcoin who is extremely bullish on bitcoin because that person is going to put their heart into it. i do not see why aoc would put her heart into this unless she was opinionated on bitcoin. and if you cannot put your money where your opinions are, then there is very little reason for anyone to believe that your opinions are genuine. she needs to invest in bitcoin if she wants to make good policy on it.
well it is crypto...you do not own them, you either know a key or not
sort by controversial does not thisappoint lol
who is aoc? asking as an european.
lol i hope she doesnt hold dollars either
does every thought in her head need to be a post?
that sucks my nut
but……does she have any assets? i was under the impression she was broke. it’s a little less effective to claim to be working to not be influenced by your assets if you aren’t able to have any assets anyway.
it’s actually because you can’t buy bitcoin using twitter.
same rule should apply to stocks too
she is fomo now.
these fools need to learn what a blind trust is.
she will need to stop holding dollars as well...
give it time. all it takes is a few politicians to win big through accepting btc contributions and then everyone’ll be doing it.
[just in case you’re like me and you’ve been lurking here too long without asking what bitcoin and blockchain actually are, i created a quick and dirty intro guide. you don’t have to tell anyone you read it](
does this mean she also does not own any usd or take donations from major financial companies? unbiased, right?
plot twist: she holds monero.
based and not a corrupt politician pilled
so that makes it biased lol
she is the socialist but she gets over . in socialist countries like china, russia, cuba. venezuela. vietnam...lawmakers only earn ...aoc should get the same salary . 😄 🤣 😂
unbiased? i'm sure she holds other things lol.
what is she implying? that she does not want it around?
nah she doesn’t hold bitcoin cause it’s too late to make any life changing money on it lol
not having any could present a bias
better get rid of all fiat currency then. like the usd
and this is how politicians should act
i think lawmakers should be able to buy or sell anything they want. just they should be made to thisclose it months beforehand.
yo guys, can you suggest me a android app that shows the percentage profit , after connecting it to a exchange via api ( like binance). tried ftx - but it shows % change only, not % profit .
if you squint she could be the lesbian from swat staring samuel l jackson
nancy pelosi does not hold any stocks. her husband does insider trading on her behalf. the problem is, (which im sure is the case for aoc), is they pretend they dont have any conflicts of interests, but have their so, family, or a trusted friend do it for them. and the problem is, it would potentially problematic if you force everyone the politician knows, to divest if they go into office. what if my brother runs for office, and i fucking hate him, and dont want him in office, i would be forced to divest because of that? don't think that would fly in the face of ethics or the constitution to force people who are related in some way to a politician, to divest any assets. thus, that leaves a massive loophole for politicians to get their so or family, to do trading on their behalf. i dont think there is a simple fix. i think the bigger problem, is owning stocks in which you are directly manipulating in office. such as the semi recent tesla ev contract with the government, and the fact all congress owns tesla stock. every single one, should be jailed for insider trading for that. or the fact the government is pushing and even mandating vaccines, while owning stock in phizer (almost every single person in congress has phizer stock).
before he took office, jimmy carter sold all his personal stock, divert the royalties from his autobiography into a foundation, and put his peanut farm into a blind trust. the situation wasn’t perfect but it does inspire more trust than politicians who [insert absolutely everything about how trump and his family conducted their business affairs]
what if you own a farm? or a business? being in an elected position shouldn’t destroy your business. and people should be able to erect anyone they want, businessmen or otherwise. all you should do is make all assets public once you are elected. that way, everyone can see what you’re buying and selling as long as you’re in office.
lol this would just drive away anyone competent enough to take these positions then, you want people who do not even save and invest their money to take positions where they have the power to make decisions for a country? are you dumb? if i had to pick between letting go of all my investments or fixing the country i'd prioritize my self interest first, i'm not sacrificing my future for anyone, only people who would be willing to sacrifice all that are going to be no lifer minimum wage losers who are not educated and competent enough to run a country the government should consist of people that are proven they are competent, wealth is a good indicator of that this is gonna make all the loser minimum wage workers who have only faced failures in their lives mad but idc you commies are stupid af, downvote away filthy trash
i think it would be sufficient for legislators to have to move their investments into a broad market index fund (not a sector fund).
no competent person would want to be an elected official if they have to get rid of all their investments. that would just ensure our officials were selected from the dumbest group of americans imagineable. yes even dumber than the current group.
all government employees and elected officials have to thisclose this information and take various ethics courses. then any changes to investments and businesses they own need to be updated and reported. there are lots of rules around it and how spouses and partners and their claims come into play. the problem is not that these aren’t being required to be reported on, it is just hard to make sure that everything is actually being reported correctly and transparently.
this reminds me of senator richard burr and kelly loeffler made millions right before the pandemic lockdown, selling much of their stocks having inside knowledge of the market.
agree so hard. otherwise you have ass hats like pelosi running around making better trades than top investment firms. hmmm... i wonder what the difference between pelosi, someone who sits in on and's capital, and a small investment fund, a group that looks at trends to try to find the best investment. money in politics will be why democracy in the western sense will never work right for those of us who did not win the lottery, come from money, or bought bitcoin in 2011. aoc definitely is not perfect, but at least it always appears that is she is actually trying to be an honest actor on most things. all these other hedge fund ball fondlers telling us that "oh well of course i was not making the trades, i have an accountant that does all that" can go off and eat a dick. money, literally the most infuriating part of politics.
yeah but rules only apply to democrats
this should extend to a persons businesses as well. or we were all reminded with the last administration.
yup it should be illegal to trade stocks when in office.
> how is this such a difficult thing to get done? money
i came here for this comment,true fact
even at finance firms you need to state what you are invested in for conflict of interest analysis. we should hold this view for officials especially!
i think this is a perfectly fair position to have
fucking thank you. tired of bootlickers on this sub cheering on politicians who hold crypto as if it is not a conflict of interest.
dude, cnbc anchors aren’t even allowed to own individual stocks, only etfs. how the hell do politicians not have to follow these rules?
they should be forced to only realize long term capital gains. no day trading allowed, and if the sell any stocks or bitcoin, they will have held it in their portfolio for over a year.
i wouldn't agree with that. that incentivizing them to promote large business growth over mid size business. i would just say they would only be allowed to have index funds, sector funds, etc. there is still a bit of fishy stuff they could do with sector funds but i think it is a fair compromise.
one of the avenues through which pelosi amassed her fortune was by having her husband make buys. like the normal follow-up question after aoc said she does not hold bitcoin"does your boyfriend?"
you are suggesting it is a good thing they be incentivized to further debase the currency.
they should not have a choice. no one serving in government should be able to hold any investments that their decisions could influence the value of.
how there is no insider information trade rules that apply to lawmakers is beyond me. it is literally how corrupt can you get.
you would think this is basic lawmaking, but greed > logic
they should not do this, but they do it with fake accounts
correct if they would have invested more in stocks then it would surely give a great result on larger perspective.
can they own real estate? basically what you're saying is they cannot own anything. we're going to have to pay them a lot more and there seems to be no appetite to do that, make them entirely dependent on the state. little kings, i think there are some negative incentives we have not considered with that situation that may be worse than the status quo.
also they have inside info for crypto too. along with basically everything else
should they also not hold usd?
she holds wrapped bitcoin
her bf def has a diversified wallet from the looks of him.
she is bullish on lrc.
not if you were running r
curse me for using my given name, u, on this forum
hey. corporations are people too.
interesting but completely unsurprising
hard to believe any sane person would be "mad" , at this.
yup, plus it’s consistent with how she views stocks, so it’s not like she’s saying she’s against crypto or anything.
honestly she’s one of the few people in us politics who is most likely to appreciate the underlying reason why people are into digital assets (ie. it’s one of the few opportunities for the middle class to achieve financial freedom). as a younger senator she’s also more likely to “get” crypto at a social level too edit: congresswoman*
thats how politicians should act. they should stay away from the stock market as well. *looking at you nancy pelosi*
this is exactly the stance i *want* her to take on it.
i’ve always been a big fan of hers not because i agree with everything she advocates for but because she has an incredibly large capacity to empathize with people who struggle while holding not only others but herself to high standards.
yes, that is likely what that means. she is a young person *with eyes and ears. if you're not holding at least some btc, you're doing it wrong. though i get her pov. i have not met many btc or even crypto critics that actually hold anything.
this is why we need younger people in office. we have to many dinosaurs in office would not be open to new ideas.
no. i don’t believe she said that.
human? believe it or not, biased
probably, in sense of conflict of interest.
> hard work and doing your job in washington dc really does not exist anymore. it exists, it is just very much the exception to the rule. one of the primary factors is precisely because it is a position so very easy to exploit via conflicts of interest such as having a significant financial stake in the legislation that you back. ie - you can literally get paid not to do your fucking job. the other side of it is that at least half of politics and voting is single-issue voters and legislation. look at what is happening in the supreme court right now. anti-abortion voters really could not give less of a shit if every other piece of legislation ran their lives into the ground (because it is in many cases) just so long as the nation could reach this point on this one fucking issue. nothing else matters. as a representative, that makes your job insanely easy. all you need is charisma, financial backing, and the ability to pound your fist on a table about the same fucking issue roughly 100 times during a given cycle and still come across as giving a shit about it. the rest of your time you can spend enriching yourself and your friends and fucking kids on some island somewhere.
for real, i just want people trying to make a better country, not the assholes trying to get richer and other rich people richer.
that’s why there’s so much false media against her
she is one of the only american politicians i'm aware of that looks even remotely suitable to hold an office instead of being locked up in prison or an asylum.
the more she gets trashed, the more i admire her frankly. i don’t even agree with all her views or platform, but i respect her and i’d vote for her. she got a grassroots start, she came from humble beginnings, she got where she is because she works hard, cares, and is smart, and she’s a human being. she very clearly gives a shit and is in it because she cares about this country. even though i thisagree with some of her stuff, i can’t say it’s uninformed or corrupt, she’s smart, tough, and seems to be pretty consistent. there was some documentary i saw on netflix that actually followed her a bit when she was running for her first election and it was really cool. mainly i just don’t care for her “cancel student loans” thing, but i’m sure i’d also thisagree with her on rent control and police funding. just a difference of opinions on some important matters, but i can’t say a negative thing about her character though.
although i agree, it is also why her and her political allies never get win anything of importance. electoral politics are an exercise of who can gather and wield the most power, not who has the most virtue or plays the game most ethically. they're fighting assymetrical warfare, and it is impossible to win that way.
she gets that hate because she takes her job seriously and wants to be effective. conservatives do not like effective politicians because effectiveness usually means changing with the times and we all know all change is bad, right?
the reason she gets so much hate is because she’s not blatantly bought out by special interests like even if you don’t agree with her ideas, the mud slinging about her is because the ruling class will not tolerate anything that might affect their power you can replace aoc with bitcoin, it’s the same process. they do not want to give up their money
the hate is because she actually wants to help the middle class’t like that.
let’s just hope she doesn’t have a proxy trader like nancy pelosi and her husband. technically nancy doesn’t play the market, her husband does. that said i hope i can trust her in good faith that she’s being honest, but i live in a world where a politicians word seldom matches their actions.
shes legit a good person who wants to do her duty. fact that she flew down to texas during the winter storm last year to fundraise for them speaks volumes. meanwhile ted cruz flys away to cancun while his people freeze.
*cracks fingers*, *sort by controversial*.
i read the article, it just reiterates the headline with more details. what exactly do you think people missed?
>they are often into meme coins it's because they think in terms of memes (and probably voted for a meme, iykwim)
easily led by the nose.
this is interesting and does not surprise me at all
people who live in a fantasy world, where doge is a booming project that'll lead them to riches.
the right wing in general is much more meme oriented because their worldview is mostly shallow contrarian hot-takes, so it is a natural fit
republicans embracing memes over substance? shocking.
it is meant to be a currency, but whenever there is volatility, it can be treated like an investment
she also has come out and said she believes representatives should not be allowed to hold stocks, for what it is worth, and owns none herself. big difference from tesla calls pelosi🤡
technically correct. the best kind of correct
good idea but honestly probably would not have much effect. 1. most politicians are already rich if not well off. if they are not rich they will probably be more easily coerced into doing things that will serve their personal financial interests. 2. doesn't stop politicians from becoming very well paid lobbyists. very much a revolving door situation. 3. other ways to bribe politicians that are perfectly legal before. ,000 speaking gig at goldman sachs? perfectly legal but essentially a bribe.
this is how you structurally require politicians to be rich, corrupt or both.
that’s a good way to corrupt politicians with almost no money.
once money in politics comes in its very hard to get it out
surely it would make a lot more sense to pay them huge salaries but ban them from private investments. that removes all the incentive for corruption.
yeah, because nobody will ever volunteer for this self-inflicted misery. so zero pay and you still take the brunt of everyone's thiscontent?
can their campaigns take donations? can they receive a salary? can they have kids? drink beer or soda? it's impossible for humans to be unbiased, but honestly i think trying and learning about as many things as possible to understand the perspectives of different people is important.
unbiased human is a oxymoron, however there is a spectrum of anything in life and the better you position yourself the more you can reduce bias. anyone who goes to school to formally learn scientific research will learn all about this. she deserves credit for actually attempting to be an ethical lawmaker regardless of your political opinions. we should be strongly encouraging this behavior not mocking it. it should also be noted that altruism is not the solution and that we must mandate laws that prevent politicians from being able to be in positions that allow corruption to flourish.
why not? half this sub thinks decentralization is pointless
people are responding to what she said rather than responding with a gut reaction based on shitty political "us versus them" team sports. no one is circle jerking the person, they are agreeing with the statement. you should try getting out of your shitty political bubble sometimes and be a human for a moment and then this wouldnt surprise you. politics has given you guys fucking brain worms. someone from the "opposing party" could say that crypto was a fantastic investment and many of you would lose your mind from the paradox of hating them versus agreeing with the statement.
bro its reddit. nothing short of expected.
well despite cryptocurrency as a concept being partially about financial freedom from the government, this is still reddit, where 80+% of users are democrat lapdogs, so i’m not surprised at all.
and we all know, basing our beliefs on guessing is better than actually knowing things
dianne feinstein has entered the chat.
something you know that you want to share or just spouting rumours like fox?
your special ability must me vision.
dude absolutely looks like he belongs in this sub lol
nancy pelosi has entered the chat.
and reddit is not an echo chamber and a place you should go for, for rational thinking. with twitter being the second place.
aoc: monero? what monero?
while i can understand the skepticism and agree it does not remove a bias, i think it is a legitimate way to reduce a bias.
she is one of the few politicians who refused to take any money from big doners during her campaign. most other politicians are bought even before they get into office
correct its just a game of manipulation i suppose and everyone keep falling to it.
ah yes the neurotic inability to tolerate ambiguity, so you just say all politicians (like what even my local councilor who i've been to gigs with?) are as bad each other and part of some conspiracy
andrew yang is quite pro bitcoin and does not hold any. his reasoning is the same as her. in 50 years sure it would not be an issue. but right now he came really talk about how great bitcoin is if there is a potential conflict of interest rule and i guess aoc is doing the same.
>if they do not hold what's representative of the public's holdings, they will rule with ignorance. first, it's about incentives. incentives inform biases, and biases inform opinions. second, "the public's holdings" is literally the s&p 500, or rather the total stock market. your logic reinforces the notion that politicians should not hold *specific* investments, only index funds, because then they wouldn't be representative of what the public actually holds.
1. who says that crypto is "the public's holding"? i'm sure we're all in the crypto bubble, but the majority of people rather hold stock than crypto 2. actually the majority of regular folks neither hold crypto or stocks at all 3. you can rule fairly on crypto without being a bag-holder. you do not have to try every drug, to be able to make a fair drug policy. you do not have to have committed crimes to be able to champion criminal justice reform
i wish an actual socialist or marxist would run for a national office. get them on a debate stage and on tv commercials. they would rightfully lose in a landslide, but the biden is a marxist crowd would have their first peak into the outside world.
yes. i also remember that she did not pay for a ticket and that she was invited and went for free. i see that you forgot or ignored that part though. just wanted to point out that context, as that is the reason you are being rightfully downvoted.
if you're gonna wear that dress, that seems like a bold choice of place to wear it. it's not like she paid for a ticket; she showed up to a rich people event she was invited to for free in it.
given that you're still talking about it, id say her little publicity stunt was extremely effective
the dress designed by someone who owed nearly .
you mean the charity event that keeps the metropolitan museum of art free for the general public?
i'm impressed by people who can but together entire assumptions about someone based out of things they pull entirely out of thin air or their own ass
she loves huge government.
literally 100% of your comment is just based on assumptions that you just pulled out of your ass
andrew yang does not hold any for the same reasons she listed and he is very vocal about being pro crypto. you're just mad she is a democrat.
she’s already been dinosaurified hate to say it
no one seems to have picked up on this.
and she’s trying to write & support bills that reduce bias
but instead you commented then lazily walked away
they should look nervous. she is about as different from them as a person could be.
its not just a currency its also an investment. stablecoins are just a currency.
it’s an asset. don’t give people the ammunition they need.
actually i agree with her. it’s not like stocks at all sure but she could have insider information of laws beings passed that stays on the line of pro bitcoin
it's a currency and an asset. it's understandable that you could have bias regarding crypto and want crypto to succeed the same way you want companies to succeed that you are invested in.
the democrats would lose that race.
you're an absolute idiot
not sure you've ever listened to a thing she is said
your tinfoil hat on secure?
she came in second in the microbiology category of the intel international science and engineering fair in 2007 with a research project on the effect of antioxidants on the lifespan of the nematode caenorhabditis elegans. in a show of appreciation for her efforts, the mit lincoln laboratory named a small asteroid after her: 23238 ocasio-cortez.\[19\]\[20\] in high school, she took part in the national hispanic institute's lorenzo de zavala (ldz) youth legislative session. she later became the ldz secretary of state while she attended boston university. ocasio-cortez had a john f. lopez fellowship.\[21\] \[25\] ocasio-cortez graduated cum laude\[26\] from boston university in 2011 with a bachelor of arts degree in both international relations and economics. there's not a single thing about the facts of her life that would lead someone to the conclusion that she is not smart. there are plenty of people in government who are below average intelligence, but she clearly is not one of them. what a silly thing to say.
smarter than 95% of the tripe that’s in congress. even if that’s not saying much.
not at all on both counts.
> she’s not very smart. she demonstrates on a regular basis that is she is pretty smart. she also demonstrates compassion and empathy. you've demonstrated none of the three with this comment, and probably never in your life.
said by the dumbest poster on reddit
and yet here you are, playing your own small part in destabilising the global fiat system, laying the ground for our glorious crypto-communist future. thank you, comrade.
i do not think its not always about being biased but i suppose it is manu times about what you prefer
fiat is not generally not seen as an investment.
okay but crypto is going to have a ton of regulatory bills written on it, congressmen investing in crypto would be a greater conflict of interest
it's a weird thing to say. same thing for index funds. at some point you do need to look out for retirement regardless of position held. i guess she is a big enough celebrity that would not really need a retirement from a traditional sense.
yeah but she works for the u.s. if she did not want to hold usd she probably wouldn't be fit for the job.
so...what should she be getting paid in, exactly? euros? gold bars and silver coins?
this take is not based in reality, until every facet of expenses can be paid with crypto for *everyone*, you’ll *have* to hold fiat at some point. i don’t know many people who pay their mortgage in crypto
she does not hold stocks. we know that because she releases he tax returns unlike trump for example. she lives in the us and works for the us government so it would be ridiculous if she she did not hold usd.
i do not understand why this would be so unbelievable...
no wonder no one wants to fuck you.
she is a politician so of course she is lying
she does not. that was literally what the article was about.
ummm... that is been done and she was part of it. but of course it was not voted in.
she is on the financial services committee so she is going to be passing laws on crypto.
u what is moons?
what are you basing that on? it sounds like you've never actually listened to her speak.
lots of repressed emotions in that comment. btw. you should look up what the black cross means next to the ny times best seller lists. since you seem to be projecting a lot as well. 9 out of 10 times those black crosses (which indicate bulk-purchases by big doners) are next to republican books, which basically means that the exact thing you're describing is actually a republican phenomenon.
you're probably an incel and enjoy sniffing your own farts. see how easy it is to claim shit without evidence?
decentralization through blockchain technology is meant to move every system (from finance, real estate, personal identification, to internet services and power infrastructure) away from a central authority regardless of whether it is the state, a private company or any single entity. i don’t know much about politics so i won’t argue that those values are championed by any particular side or major party.
"commie" lol outed yourself as having no idea what's going on, good job
blockchain technology is not a libertarian concept.
you're describing authoritarianism, not communism.
fyi there are left wing libertarians
as a fellow brit i wish to please marry her.
yeah no shit but she’s reducing her potential bias
ah yes trying to not be biased is stupid. great take dude
they are the most ridiculous comparisons. living in a house isn’t likely to influence housing policy. owning crypto would influence the way you legislate crypto.
ah yes trying to not be biased is stupid. cool, great opinion dude
everyone has fiat... whats your point
this. if holding bitcoin would bias her, so does holding dollars. and to the extent she could hold crypto, she could claim less dollar bias. it’s not like she can say she escapes influence by not holding bitcoin. it doesn’t change a thing at all. actually, all it says if anything is that she has an anti crypto bias. which is obviously bad, especially for a politician.
for reducing her biases? great take dude
she advocates for lobbying reform and laws against politicians benefiting from insider trading
shhh you'll upset the hivemind.
she is been extremely vocal against the fact that congress is allowed to do this.
yep. she is very clearly actually invested in the betterment of the country. that does not mean she is always right or that she knows everything, but she is not just there to line her pockets like the entirety of the right and most of the left.
haha. sorry granny, i’d love to help but i gotta stay unbiased!
she legally has to. do you want her to barter for food on the forest market?
how do you work for the us government in her current position and not be paid in?
false. she does not own any pfizer stocks or any other stocks. this is public information because she releases her tax returns.
i too am sure of things there is no evidence of
i too definitely believe things that i have no evidence of
for trying to reduce her biases? great take dude
she would have to be the only politician in the entire country to hold that title. you really should watch her talk. she is one of the few politicians on your side.
believe it or not but some people actually go into politics for public service
exactly anyone who knows anything knows politicians speak out both sides of their mouth just to keep up public opinion. amanda o'connor is no better than anyone else and i do not trust her worth anything
so would you be okay with congressmen trading forex prior to publicizing a big trade embargo or some other news they know before the public? also regulatory bills on btc & crypto will (& already have) been presented to congress. is it ethical for congressmen to invest prior to these bills or vote & negotiate in accordance to their best financial interest rather than deciding based on which policy is better?
ah yes bc regulations have very little impact on crypto
she did say she does not hold stocks actually. the full quote is "as a lawmaker i do not hold any stocks, and extend that policy to digital currencies"
no huge pensions. do your term of service then move aside and go do something productive. we should not have career politicians.
because as a us politician she gets paid in usd? i see where you were trying to go but i do not think it is the same thing.
i doubt it considering she co-wrote a bill banning congressmen from buying and selling stocks.
something, something cortez she is running for president in the us
alexandria ocasio cortez… she is a democratic congresswoman… d-ny…
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it’s amazing nobody even talks about crypto as a currency anymore. everyone compares owning bitcoin to owning stocks instead of owning dollars. tells you a lot about the current generation of crypto enthusiasts.
depends why you bought it. if you're living in america, you can buy cad with usd as an investment or you can buy it because you're going on a trip to canada. if you're buying your tendies with bitcoin, then you're using it as a currency. if you're hodling with your diamond hands, then it is an investment.
1) stablecoins are pegged to the dollar and used as currency in defi markets 2) the second largest crypto, ethereum, pays 4.5% apy dividend simply for holding the coin. it's called staking, it is a bit complicated but theres a technical reason for why it can occur and make sense
it's a new class asset.
i consider bitcoin a currency or commodity and thus consider owning bitcoin speculation. i invest in people and businesses that produce a good or service. i tend to avoid speculating on currencies or commodities that have value because other people perceive it has value.
what about the dollar?? that’s a currency and i believe it also gets traded by the forex exchange just like other currencies
in either case, a sitting member of congress should probably at best have them in a blind trust. their influence can do quite a bit to both markets potentially and in some ways, when viewed as a currency, it is a competitor to the dollar (something most voters expect they should focus on increasing the value of).
not backed by anything? it's backed by the most secure computer network in the world. you cannot put a price on that, which is why it will eventually hold the value of the world on the network. quadrillions in dollar tems.
by jove, you're right! she should sell off all her dollars too! , i do not have a horse in this race but that is a very good point
to be fair fiat is also both.
bitcoin is the pinnacle of currency
you wouldn't consider interest from staking a "dividend" considering that it is currency i think it is about as close as owning a dollar can get to paying a dividend? semantics
many in congress and the senate moved positions ahead of the covid announcement in early 2020. politics and corruption goes hand in hand.
>nancy pelosi does not hold any stocks. if you ever want to make you blood boil, read how dianne feinstein and her husband - who was on the board in charge of the uc's system retirement funds - used her position in sentate + his role to make themselves fabulously wealthy.
"we cannot make things perfect so we should not make them better" youve bent over so far backwards to make this argument that you could sit on your neck.
tfa implies that spouses have reporting requirements regarding financial assets which rand paul's wife just flouted.
they mention something like this in the article: "those comments came after sen. rand paul revealed his wife's investment in coronavirus drug-maker gilead. paul's thisclosure came 16 months after the 45-day deadline set under the stock act". if you do not talk to your shitty brother in office about your investments or his legislation plans, there really is not an issue.
why are you “sure” this is the case with aoc too?
nancy pelosi was your example? fox news much?
the problem is not that there is some kind of happenstance conflict of interest. the problem is when the spouse who sits on the board of directors of a company gets a no-bid government contract for something and then years later nothing is produced, the money is gone, and the politician's net worth is suddenly hundred fold.
it should be the law.
it should not just be a fair position, it should be a legal position.
needs to be a required position
well, i think they should be allowed to invest in a fund created by an independent third party and never allowed to know how that fund is invested, just that it contains us equities and perhaps crypto. that way they have a vested interest in making sure all sectors of the economy do well.
bot doing god's work
and they usually don’t even hold or just do so they can use it as a platform and pander for votes, and people here eat that up.
yeah honestly i think it should be a law that politicians must put their investments into a blind trust when they take office, especially in a country with as much economic power as america. a single tweet could make a politician millions of dollars with the right trades.
my thistrict will be **** in xrp and xlm! shitcoins are the future!
they make the rules, that is why.
wait is this legit? if so thats actually really cool and although cnbc can be meh on occasion makes me like them a bit more
because politicians write the laws.
most employees of publicly traded companies are subject to similar rules against day trading - no issue with taking short-term gains (unless you’re an exec with lockup periods), but you can only buy and sell within a certain number of days after quarterly filings.
this is an idea. but still could lead them to lobbying the fed for more overall stock inflation
this. similar to company execs they should only be allowed to make scheduled sales of stocks. they’re the “executives” of our economy, anyway.
yeah, even with a blind trust they could still be persuaded to just keep pushing more money into the stock market with cheap credit. but it would definitely still be better than the current situation where members on both sides can and do insider trading legally.
in my opinion they should just have a selection similar to an american’s 401k plan. just simple, broad market index funds that represent the overall us and global markets.
not only they hold investments, they also receive money to represent company's interests
there was an effort over the past few years to force all lawmakers to move their publicly traded assets to index funds upon election. not sure what happened with that.
that makes sense? they should make that a law. oh wait… politicians nowadays rarely police themselves.
if you cannot use your political power to further your own personal wealth as a politician then what's the point? you expect them to *serve* the public? like some sort of public servant? don't be asinine.
definitely. this should be illegal honestly.
with stocks it would be easy, but it is hard to forbid a politician from owning different currencies
i mean they should be allowed to have investments, as some point, many of them would not be politicians anymore. they should be required to have their investments professionally managed and to a higher degree of scrutiny. they should also only be able to do indexed funds or something like that.
they made jimmy sell his peanut farm, they should have made every congressperson who got rich off of the pandemic do the same upon taking the oath of office.
or they can only hold a world index that they cannot sell and can only buy automatically once a month.
yes, that’s why some politicians such as jimmy carter gave up his peanut farm to a third party that ended up losing money with the farm just to avoid conflict of interest as the president. we the people should at least make an amendment that politicians in high office cannot own any investments that they can have direct influence over, but this is difficult to enforce since people would just tell their family members what to buy or sell.
those same lawmakers would have to create a law to penalize themselves. that's the problem with pretty much any idea folks come up with for reigning in the self-interest (term limits, campaign finance reform, you name it)...the very people exploiting and profiting from the broken system are the ones tasked with fixing it.
>how there is no insider information trade rules that apply to lawmakers is beyond me there is. it's called the stock act.
it makes absolutely no sense that you can govern for your own self interest. people are too intrinsically greedy.
this. and for that matter, they couldn’t hold dollars either. this is a ridiculous idea.
ahh now we know who bought that .
this is why i do not hold fiat, i want to remain impartial.
fun fact: we'll never know if she holds monero because it is *monero*.
you are technically correct... the best *kind* of correct.
gottem on the ol' technicality.
i was happy not remembering about my 0.1 eth that got stuck due to high fees till i read your comment. you owe me some happiniess.
it would most likely get you more votes especially if you were spewing qanon nonsense.
well the problem is that "sane" is not so common now lol
that's my thought but crypto twitter is all talking about how she is ngmi and an idiot for not abusing her position for personal gain.
i thisagree with aoc on many things, but we’d have a lot less problems with government of more politicians were as real as her. no bs. upfront as much as possible, and trying to hold oneself to some higher ideal. the current cable networks hate her though, probably because of this. she throws a wrench in cnn and fox news narratives and they don’t like that.
mtg would like to have a word with you
half the country hates her though
if they are a politician someone will find a way.
she is a congresswoman, not a senator. but it would not be long until she is there. she has a great future ahead. i do not agree with her on everything but i believe she is acting in good faith, even when she is wrong. that's suuuuper rare nowadays and i hope she stays strong and does not let dc corrupt her
that how politicians should be mandated to act. they lost the right to good faith long ago.
the fact that people so rabidly attack pelosi for this is one of the strongest evidences of how effective the right wing media machine is. we saw multiple republican senators sell everything right before covid (after a closed door briefing on covid) and yet we rarely hear their names on this sub. and we have seen extremely obvious republican corruption all during the trump admin as well. and yet the first and most attacked person for corruption is always pelosi. it'd be funny if it was not so sad. "free thinkers" always all thinking the same thing together. very interesting.
yeah. as long as you're aware and have a somehow clear understanding of btc and crypto in general, is hard to not have your feet wet even if it is just a small bag to see what happens.
hold bitcoin? biased. don't hold bitcoin? biased. exist in human form? believe it or not, biased.
there's no incentive to "make the country better". it's quite literally the opposite. the only people incentivizing them want to rape and pillage the country for it is resources and wealth, pollution be damned. corporate influence has rotted out government from the inside out.
the media's favorite punching bags are trump and aoc.
+ she is younger than 70 y
katie porter is up there too. fiercely intelligent and does not take bs from anybody.
i may not agree with her on everything but i fully agree with your statement! you can tell she is highly motivated and takes her job seriously. i wish we had more like her in congress.
can i just say in a world where everything (especially politics) is so fucking binary, i really appreciate the nuance in your post. that you can thisagree with her policies but still have such respect for her is great and from my experience very rare.
also, being a young, outspoken woman of ethnicity makes her easy to demonize among many core conservative demographics.
for the moment, it does seem like she is 100% more hoenst than the majority of congress. but then... the bar is so low.
yeah that whole farce of what 8 of them (on both sides) who had "blind trusts" but all magically made million dollar moves the day that they had a security meeting about covid? its sad when everyone knows its bullshit, but nothing gets done about it.
i'm mostly referring to the numerous comments that she probably holds traditional stocks or variations of such, which she specifically talks about in the article.
so that is why all these dog coins exist.
i did not expect the pattern to be as strong as it seems, and overlap with those into r.
i guess it would be like forex trading? just seems odd to me. thanks.
for real, there is no right way to go about politicians salaries, you just have to hope that your country raised persons with strong values that would not lose them when they get rich.
she’s more avoiding a conflict of interest than being unbiased
giving aoc any type of credit will make a lot of people in here combust lol
thank you. no sitting politician can completely eliminate bias, but there are lots and i mean fuck loads who are extreme immoral(look at basically any republican, or someone like joe manchin)
exactly, these days for so many it is got nothing to do with the message and everything to do with who said it.
source: every ted cruz thread
>where 80+% of users are democrat lapdogs, completely untrue, 80%+ might be centre, or centre left politically, but there are plenty on the left that do not like the democrats (or the huge number that are not americans). generally people with allegiance to a political party are morons.
nancy pelosi and bill barr have entered the chat.
there was an article that said if you matched every pelosi stock position change with only 1'd be a multimillionaire.
you’re required to tell the irs when you *sell* crypto, you don’t have to tell them squat when you buy it.
aoc has never released her tax returns. none of congress does. she fills outs the financial thisclosure form like the rest of congress that is regularly lied on. i am not saying she is at all. she has been around long enough yet to build up the capital to make it big. in a few terms though she will be a multimillionaire like the rest.
the irs has literally always had the tax returns of your orange boogeyman. they could not find dirt on him even when obama was weaponizing them against his political opposition. boohoohoo
>and you’re required to be telling the irs about your crypto. you are not required to tell the irs that you're holding crypto. edit: why the downvotes? you tell the irs when you **sell** crypto. **holding** crypto does not show up on your tax return.
ahh the mighty monero which hides my pornhub premium subscription every month!
govt does thing i like=capitalist govt does thing i do not like= communist checkmate libtard
correct many people still do not understand this simple statment that its not a currency its just a investment you do for longer period of time.
we've won the last two popular votes. in fact in the last two elections the only thing we've lost was the 2016 electoral college
so she is not a socialist?
this is the truth anyone who believes politicians is stupid
2019 aoc: "the world will end in 12 years if climate change is not addressed."
communism is a type of authoritarianism
that we're not battling on equal grounds
the whole conflict of interest. i'm not going to write a novel response about governments and money laws.
and holding a house makes you biased for housing market. cute idea but realistically you would need to own nothing to be unbiased
sure, but fiat is a long-established financial tool with a wealth of existing regulations. we are not expecting any massive changes to be debated on fiat. cryptocurrencies will see a vast amount of game-changing debate over the next decade. having said that, i think it would be great if politicians had to be 100% transparent with all of their finances.
this comment is all the proof i need that most of you in this sub are fart sniffers ignorant of reality
she is dumber than a box of rocks and thankfully, has no ideas other than to support socialism, the number one driver of why we need crypto as unabated printing of memory drives the dollar to zero.
did not know that. thats pretty awesome
ah yes, a future millionaire with zero investments, k.
honestly, they do have very little impact. i mean china is the most populated nation and they banned crypto and bitc.
nice, thanks for pointing that out.
can owning bitcoin not be in the interest of the people?
if it makes you feel better, i've been holding bitcoin for about 7 years now, and i *only* ever cared about getting rich and *never* cared about the philosophy of it. i'm sure a lot of people are in the same boat.
hodl culture. you do not hodl fiat you save invest and spend
the market has changed, crypto originally only had one use case which is a store of value. then smart contracts happened and now it is more like an app store. most people use stablecoins pegged to the dollar like dai, nano, or usdc if they want to use it as currency
this is the thing that scares me most... if we do not treat it like currency, is it not effectively worthless? it serves no point.
while you make a good point, it is not really relevant to this topic as politicians also should not hold foreign currencies (for similar reasons to why they should not hold investments)
plenty of people still thiscuss crypto as a currency and normalized medium of exchange, just not in your circles evidently. twitter has tons of them
bitcoin has diverged from what satoshi originally wanted. it’s not gonna he used as a currency with its current tech
to be fair, the sec ruled that bitcoin is digital property. it should not surprise anyone that in a land of regulation we mostly follow the rules and see things through the lens of regulation. i do not get taxed on bitcoin like currency so... the government gets what it wants. it's a powerful beast.
you can blame the apes for that. once people showed up looking to get "shares" of crypto, i knew we were in new territory
buying and selling crypto is taxable because the irs identifies crypto as *property*, not currency. as a result, tax rules that apply to property (but not real estate tax rules) transactions, like selling collectible coins or vintage cars that can appreciate in value, also apply to bitcoin, ethereum, and other shitcoins
tells you a lot about reasonable people's view of the reality of this product. when it walks like a duck and quacks like a duck, it is a speculative investment and not a medium for every day trade.
if you want to get super pissed there was someone who took huge short positions on airlines right before the sept. 11th attacks. edit to add source [
the really horrible part, it was legal. the law basically allows them to trade using privileged information they got
or how absolutely senile she is yet still clings to her position for the power trip.
don't let perfect be the enemy of good, so the saying goes
what worries me when it comes to politicians, is that although they may not *necessarily* own any coin, they would find a loophole to instead just own a crypto farm itself.
you mean politicians should not be motivated by greed and power? sounds interesting
so we all agree, aoc 2032
hey, you want to buy some botcoin?
jarvis, we're running low on comment karma. comment "bullish on (random thing)"
fuck politicians!! the real culprits behind everything
> or just do so they can use it as a platform and pander for votes, this. i bet holding (some) voters than spending .
and this is only applying to anchors. not the frequent pundits who give their opinions and state their moves daily. lol, the anchors probably outperform them anyways simply staying in spy and qqq.
that's literally it... and they voted to allow *only themselves* to do insider trading legally... i think they rolled that back, but they still do insider trading all the time & rarely get punished.
they are the senate!
politicians: oh ho ho ho, silly peasant, rules are for the poor.
yeah one of the anchors was asked if they were getting any stocks and he said they can’t buy individual stocks and they’re only allowed to buy etfs. i’m not sure if it’s limited to cnbc or all similar types of network.
usually this only applies if the employees at the company are privy to non public information. for example, execs who know what the quarterly earnings are. if that happens, you’ll be subject to a lockout period and can only buy or sell after a certain date. however your original point is still valid. richard burr should be in prison.
they are restricted from trading their own companies stock, nothing stops them from trading other securities in the market.
this is the best idea
i agree. it's really simple minded and wrong to think that they should not be allowed to invest money. it should just need to be managed professionally and to a higher degree of scrutiny. any messages between portfolio manager and client should legally need to be recorded and like you said only broad market index funds.
that’s a great point. there is still the argument they could cater their views to their positions. but if they’re diversified enough into the stocks of the us it wouldn’t matter much. another option could be they hold a lump of assets managed by an investment firm and are blinded to their positions so they can’t cater their views.
this. their incentive should be for the entire us economy to do well, not just their personal vested interests.
same with healthcare too. i'm sick of watching , and then it still costs a crap ton if. guess there is no way to frequently simulate how your local urgent care gets bought up by somebody out of network, though, just in time for when you're really sick and go there and do not notice it is not going to be covered well. not that i had to pay .
why not just let politicians invest directly in tsp funds, and only in tsp funds.
yeah. super-rich lawmakers are a problem, but you also don’t want to make lawmakers financially destitute because that will just a) make them more susceptible to financial influence because they *need* the money or b) make it so only the already-rich can afford to be lawmakers. they should be paid well and be able to invest, but it should be in broad funds where they don’t have any financial interest more specific than “make the economy good”
yes. corporate funding of politicians should also be outlawed. if you really wanted a good indicator of who to vote for, look at their voting record on these types of issues. if they support dark money in politics then they are someone who went to washington to get rich and not to serve. aoc has been very outspoken about how stupid it is that members of congress are able to own stock. she is on the right side of this issue.
thus influencing their decisions. they can literally "double-dip" on methods to profit from their investments. for us peasants, that is called a conflict of interest and insider trading, which carries stiff penalties. for government officials it is considered intelligent.
that's fucked up, not surprised tho
i also receive money to represent bitcoin inc's interests
not american, but i wonder why crypto companies dont lobby themselves. as far as i know it is relatively cheap to do this.
if they need to invest for retirement etc. their only option should be some sort of blind trust.
yes correct many times these things are not know by the people and people are just misleaded.
not sure either. they passed the stock act in 2012 that required members of congress to thisclose any trades made by themselves, a spouse, or a dependent. this article shows 47 who have been found to have violated it in 2021. my count is 28 republicans and 19 democrats so it is a bipartisan problem. laws do not matter if they are not enforced so hopefully there are so consequences for the 47 members on that list. [
the people who make the laws decided it was not a great idea. oh yeah, that is them.
i have no issue with politicians holding stocks once they are out of office. the average length of service for a house member is 8.9 years and 11 for senators. that is not a very long time. again, no one has to serve in government. it is entirely voluntary.
big peanut was a serious issue during jimmy’s time.
please do not look too closely at [how it was modified]( also, despite it being on the books, i'm not aware of anyone being charged with it despite [some]( questionable [trades](
if she bought it on an exchange wouldn't there be a record because of kyc? we just wouldn't know what she is spending it on.
“you owe me some happiness,” is my new favorite line.
don't worry, when they fix gas fees the price would not plummet when everyone with trapped eth gets the f out. i have 3 wallets with eth and i'm not moving any of it simply because i'm not paying that much to do so. it costs nothing to buy, but it costs everything to sell. artificial price pump. can a layer 2 be worth more than the layer 1? bullish on matic.
fine. take some of mine [ ]. careful becuaee the container is shit as you can see so it spills
i hate this high fees system as many people are out there whos money is stuck into all this and they are suffering for sure.
what if she is holding monero instead of btc. uno reverse
crypto twitter is mad that she’s an actual good politician and not corrupt and wants to do what’s best for the people and represent the people. you know the thing a politician is supposed to fucking do.
she’s one of the only politicians i actually like, and i think it’s crazy how much right wing hates on her
she’s mad about this simply because it’s aoc position. then again, i wouldn’t label mtg as “sane.”
damn you, this is much better
katie porter is a badass.
fun fact, in america there is no difference!
seriously, the old people in congress barely understand how the internet works, so how could they possibly make informed decisions when it comes to crypto legislation
it’s a retirement community!
i second the user above me!
oh bro i salute you for saying that, but good luck with the replies haha
she is honest definitely, that is why she doen't mind and shares her not so popular views all the time, i dont always agree with her, but at least it looks like she is trying to make a better country, most others are there just to fill their money bags.
i'm not surprised with the r. conspiracy gradually absorbed the right-wing over the past decade or two. would love to see a proper survey done about shitcoin:political orientation!
everything's following the same scam these days. republicanism has been a scam for so long. i did not even start following politics when i started realizing how scammy the am commercials were in the 90s and how ridiculous their logic was at every angle. am radio commercials, red hat tweets, gold, test pills, phishing emails, gme, religions, all this shit is using the same scam and it is all the same userbase. you find the people who believe anything they are told (conspiracy theorists, religious, and elderly being the main groups, with a lot of crossover in all of these groups with loneliness) and then you can keep getting away with more and more. bonus: these groups have a real hard time letting their belief systems go, so you can really take them for a wild ride if you get them hooked. narcissists would rather die than admit they believed in something foolishly.
>hope that your country raised persons with strong values that does not seem like it will be enough as rich countries, poor countries, religious countries, secular countries all suffer in some way from corrupt leaders. the issue lies with the nature of humans to be self, greedy and for themselves. pretty hard to overcome that.
there is definitely a right way, and we are far from it.
lots of people on reddit are begrudgingly democrat, because there is no way to shift the country left without voting for the moderate slop the dnc puts out. its more of the "the right is awful, and if you do not vote against them, even if its for some awful shit like biden, they will win out"
we could go on for a while. lol!!
“at any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?" idk who your tax adviser is but “acquire any financial interest in any cryptocurrency” would seem to include buys. edit: buys with other cryptocurrencies (not fiat)
take a message from older democrats and ask them how well mcgovern's and mondale's presidencies went.
i do not think you know what that word means.
nope. she really is not. nobody *you think* is a socialist is actually a socialist. you've been lied to and you just ate it all up. socialism is not a real problem in this country.
she is a social democrat, she believes in markets and has a degree in economics. if you want to learn
i don’t think you know what socialism is
its not. communism can exist in a democracy or a dictatorship. >communism is a political and economic system that seeks to create a classless society in which the major means of production, such as mines and factories, are owned and controlled by the public.
even then, owning nothing, you’d potentially be biased toward those that own things. that’s why this is dumb.
i thisagree with you, but her policies aside, you have to admit that she did the right thing by reducing her potential bias
millionaire huh? citation needed
i feel like 90% of people do not care about the philosophy of it.
you've been holding for 7 years? shouldn't you cash out and be rich now?
i totally get that, and i'm the same way. even still i'm hoping that in the future we begin to see them more and more as valuable currency.
i feel like the atmosphere is finally changing. i'm kind of the opposite of you. i, of course, hold some btc and other crypto and it has made me money, but i've never heavily invested in it for the purpose of getting rich. i strongly believe in the philosophy behind what blockchains can offer to the world, both financially and otherwise. i think most people still do not understand exactly how a blockchain even works. that's changing with up-and-coming "web3" developments and exposure.
since when is nano a stablecoin
this doesnt get talked about much for whatever reason. imo, they knew something was coming.
i’m genuinely wondering the answer but how do we not know if it was a coincidence? was that the only time airlines were shorted or was it an amount that was crazy more than before? i’m not saying i believe either way. i would just need more info than someone shorted a stock once and something bad happened.
it's quite literally illegal for government employees to do that.
can't seem to reply to your other reply... >government employees, yes. congressman, yes. senators, no. i feel like there may be a lack of knowledge here. a senator *is* a congressman. the congress is made up of the senate and the house of representatives, so if something applies to "congressmen", it applies to all 535 of them (100 senators and 435 representatives). it's also worth noting that stock also applies not just to congressmen, but to employees of various levels and of all three branches.
what i don’t get is why not just retire and spend your damn retirement money! once i hit my retirement goal, i’ll be walking out the door of where ever i work.
i thought about using it, but i do not like that idiom very much, and, sad as it is, when i do use it, i end up having to explain what it means about half the time, which beats the point of using an idiom at all.
except that would be owning stakes in a company. i think you'd find their family members owning a lot of this stuff instead.
joe manchin owns a fucking coal plant
already bought!! thinking to buy buttcoin as well
nah it’s the people who elect them that are the real culprits.
vote in your primaries, general elections, and presidential elections! you get what you deserve. even by not going to the polls. idk why people are so braindead to the possibility that you literally have the power to vote them out and to elect them as your party's representative in the primaries before the general election. instead everyone takes this stance and reduces the power of the people when they actively choose not to go to the polls and allow spoiled incumbents and shitty representatives to continue to enter the system and further erode trust in the system. do you all not see the vicious cycle??? why do not you try voting in the primaries so you can elect your candidate before they go to the general election. so you can actually have a say in someone who wants to fix all the issues you blame politicians for. pick better representatives! im tired of seeing and hearing this apolitical stance and echo chamber of "fuck politicans, fuck government." you literally get what you deserve. fucking vote in your primaries, general elections, and presidential elections! dumb fucks.
yeah seriously, i dont need them to hold all their assets in cash (that would have its own issues) i just do not want them trading on insider info. and the whole blind trust is bullshit for most of them.
yeah i mean "not wanting the stock market to crash" is a pretty reasonable way to operate too. it does not mean you're corrupt.
isn’t that second one essentially a blind trust, like they are supposed to be doing now?
i wonder if there could be a single fund specifically designed to represent the health of the economy, and have only that open to politicians' investment. i do not know how it could be kept free from corruption though. even that, though, is not perfect because it still acts as an incentive to put economy ahead of people.
however there’s a chance that might affect how they vote on foreign policy positions that would negatively affect the u.s market
this is precisely why we're not seeing much regulation when it comes to near monopolistic companies who have destroyed. there should be some smart contract in place that gets politicians to hold accountable for the shit they promise when running for office.
the supreme court case in citizens united really was the nail in the coffin. it literally led to corporations being allowed to fund political speech without any limitations.
legal lobbying and lack of term limits. these are my major gripes with the current system
disappointed but not surprised.
first rule of monero: don’t talk about monero!!!
you can always buy from another person, ignoring exchanges. it's just a worse exchange rate.
actually she lost all of it on a boating accident
that's because crypto trailer is full of moronic libertarians who do not even understand the basics of how government functions
yeah at thanksgiving we got my grams out for the day to come celebrate with us and she said “thanks for gettin me out of the joint for the day”
hello, yes, i would like to unsubscribe from your fun facts please.
the conspiracy sub specifically absorbed a lot of trumpets when t_d got shut down. they all migrated there. even back in like 2015 the front page of conspiracy was your run of the mill conspiracy stuff. now it is t_d 2.0
which is funny because it used to be a left idealist hivemind uncovering right bush era corruption.
unending corruption. i've been following us senators stocks picks for the last 10 months in comparison to us laws and bills being passed at the same time they bought thier stocks... dictionary definition of insider trading.
lol... i just rwad your username and it made me lol
i don’t believe she’s a liar either, i’m just clarifying that you don’t need to let the irs know when you buy.
well i do not know how old you are but i'm almost 50. let me ask you a question then... if i'm hoping for real deal, unfiltered, 1938 east berlin style communism who is more likely to provide that? i'm pretty sure it is the younger elements of the far left progressives. not some old blue dog jfk democrat.
while i'm sure she would not be running, probably, ever, why wouldn't you? i mean, you probably voted for joe biden?
that sounds a whole lot like the workers party.
take your 5th grade name-calling back to the politics sub.
respect always for doing what's right
it's a mistake to link any ideology or philosophical tendency to a piece of technology. satoshi tried with that news article snippet, but ultimately, the very thing that made bitcoin interesting is what made his intentions practically irrelevant. bitcoin is now controlled by monoliths, and has reproduced the patterns of wealth inequity found throughout modern civilization. anything that bestows power and influence will eventually be co-opted by the powerful and influential. it's unfortunately naive to cling to the ideals that some cryptocurrency advocates propose. it's better to view crypto as more akin to a weapon, which any individual or group can pick up and use for their own ends.
the people who really cared about bitcoin and the idea of using it as a currency all long left the boat, around 2017. lots of these early adopters are now in xmr where technology is constantly improved and using it as a currency is still the main goal.
what makes you think i have not cashed out some of it? i'm nearly 40 with zero debt, and the value just keeps going up. i have a number i'll fully exit at, but we are not there yet.
nobody knows who took the short positions, but whoever knew it was coming decided to capitalize on it. it may have been bin laden himself with the short position.
this is the article that leads to be believe someone or group purposely took short positions ahead of the attacks, i will add to my original comment for others [
most of these people just use money as a scorecard, what they truly love is power over other people.
it’s not like she does actual work like a 9-5 wage slave.
do you think emperor palpatine would ever retire? no, it’s not the money for them, it’s the power. always the power.
power is addictive. also, sometimes they rack up obligations they have to "repay" to other powerful groups, so they cannot quit. plus... black mail.
why spend your own money when you can live like a billionaire on tax money?
power to these people is like a dubby to us.
it's the people who use their wealth and power to drive policy in their favored direction using every dirty (not illegal, since that is been lobbied for) trick in the book. just turn the television on and wonder whose behind the prompts being read.
damn americans. they’ve ruined america!
they're often victims of manipulation themselves. that mindset makes it easy to fight man vs man rather than us vs the systems of power and oppression
russell 2000 seen by many as more representative of the broader economic health opposed to s&p and nasdaq
smart contracts really do have the ability to make this kind of difference. citydao is exploring this with city-scale government. one thing about decentralization that makes me sad sometimes is that its best feature is getting rid of the need for trust. in my opinion, trust is immensely valuable, but we 100% do not have reason to trust those currently in power. greed can so easily take control of people, and even coming from a fairly moderate person, the us government is totally corrupted by corporate money and politicians seeking personal financial gain. we will see what the future holds.
"corporations are people my friend." - mitt romney.
citizen's united was just the finishing move, the real problems are the 2 court cases in the 70s that allowed money in politics in the first place. buckley v. vallejo and another i can never remember the name
i mean it is worked out extremely well for the only people in this country that matter. the corporate world.
yes and this will keep going without any doubt for sure.
just wait for loopring
wouldn’t it be the same for btc then? nobody would know which address is hers
this is profoundly depressing.
that is probably true of the subreddit specifically, but the conspiracy scene has been subverted by groups seeking to empower and manipulate conservative voters. it has been like this since wayyy back on infowars, they started to really double down and focus on the gun rights angle. "they're gonna take away your guns and put you in fema camps!" they used to go hard on trump and conservative politicians, now they are given free passes whilst any democrats are basically the devil. literally.
yes! exactly this! it can be explained easily when viewed in the context of russian intelligence seeking to destabilise the west, which has been proven to be the source of most conspiracy-type media
what do you think you're saying?
says the person that is using socialism as an epithet, while not actually knowing what the word means.
take your 5th grade political opinions to the library.
good shit man. happy for you! 🙏🏼. hoping to get to that point myself one day
this is what i aspire to. everything else is great and all, and i really do want the world to get better in a trustless financial system. but ffs i also just want to be free.
it fell 16.000 dollars in the last month, let’s cross our fingers it goes back up 🤞
feeling said, around 2010 wanted to get into it in college because i looked at it and went "this is going to be one of those things that people who know nothing about tech are going to randomly get into someday and then be worth something." sadly could not convince anyone to go in on a mining rig with me and i was so poor i could barely keep a personal pc for it classes running. i ended up beingbright, but did not expect them to go that nuts.
so happy for you man! i’m only 26 and i hope to be in a financial position like you when i’m 40. hopefully i make the right decisions :)
psa: (to anyone, not saying *you* in particular) please be sure your comment history lacks details that could link your real world identity to your reddit identity. disclosing being a hodler for 7 years could easily compromise one’s safety should their identity be calculable. just play it safe folks. i suppose many would say it’s a good problem to have, but it is a problem nonetheless.
if only we could get the stock market to be on the blockchain 🤔
why could not it have been one of our good friends from saudi arabia?
right? most of her “work” probably involves dressing fancy and going to lunch
your username suggests that you know plenty about both palpatine and power.
normal people could also be smart and educate themselves on who they are voting for. but most aren’t and just believe what they see on social media.
how does it work when the corporation buys the majority of dao tokens?
the funniest thing is that according to the us supreme court money is actually speech. fuck yeah, democracy
corporations are not people. if i cannot murder it, it is not a person
corporate personhood is probably the most dystopian thing i have just found out about.
i can only think of this when i see mitt romney:
money is politics is never good i feel what you say.
that's why i said nail in the coffin or better a mortal kombat style fatality
correct but if seen on larger perspective the country will not run with co-operate world only.
there are arguments for that, though. making change difficult also makes breaking things more difficult. kinda like btc development
what's loopring doing? u can buy crypto without id?
yeah boyy say it to the people in the back.
the way i see it, anything she would try to do would be watered down to appease the rest of the party and then watered down again to appease 1-2 senate republicans so even the most left wing policy will look like a biden campaign promise if it ever gets enacted
you can get there. just be patient and dca.
you guessed right! you get to keep all his btc
i mined btc with a cpu on a computer from best buy connected to the internet via dial-up in 2010.
if your investing already now, you will. start with maxing out a roth every year.
it was the world trade center that had taken the shorts. the buildings were sentient and had to be taken down. only one men could do it... [multiple images of people show up really fast with george w, hussein, bin laden, and many more so we do not know exactly who it is in the trailer] - subpar movie plot
bin laden was rich as hell, saudi binladen group is the biggest construction company in all of saudi arabia. the odds of him not knowing someone who could play stocks was about zero
as a dane seeing americans just keep voting against their own interests has simply at this point become a mix of sad and insanity
good question. in this case governance comes in the form of nfts. i believe they are currently working on a proof of human protocol for voting rights that at least for now seems it would include notarization, but this is definitely something to keep in mind! as society adapts to try and fend off corporations from our governance structure, the powers at play will definitely also be adapting to be able to exert their will.
fine, let us take that a step further and say that "money speech" can also be defined as pornography
he wipes his tears with dollar bills
not at all? he's a part of a party that supports that ideology and wins reelection for his senate seat by a landslide every time. the statement has not hurt him at all and helps get more money
but when one party decides their strategy is to break everything, and those politicians and voters who do not want to do that have nowhere else to go so they have to back them by default... and here we are today.
always dca that’s been my slogan
why did you have dial-up in 2010?
yeah, that was kinda the point of the comment. it's a little ridiculous for someone to think that market action like this that was likely from someone with knowledge of something about to happen imminently was a us government official. the guys who were on the planes were all sauthis. the saudi sovereign wealth fund has been a big investor in us markets since the early 70s, and it seems highly unlikely that none of the guys on the planes or the people involved in the intimate details of the planning were not connected high enough to that govt, or even just to someone who had a trading acct on us exchanges.
because i lived in a rural area where the options were dial up or satellite. and satellite was prohibitively expensive at the time.
release date 9, i put you in charge of him.
>selling for .3 btc if anybody is interested. i know at least one person who's not interested in buying cars with bitcoin
lol only if it is an nft
jokes aside, the used car market has actually appreciated a shit ton in the past year
dude the last of the n. hold onto it.
had us in the first half
lmao “crazy ride these past 7 years”
do you accept doge
they're never going to put another v8 in an m3 again. i think yours will appreciate over time esp if you keep it in good condition.
i know this is a shit post, but those m3s don’t depreciate. they’ve been going up in value.
ayyyye 420 hp noice.
i’ll buy it for .1 btc in a couple months. just don’t put anymore miles on it
you had me in the first half ngl
beautifully well written. i honestly thought you were serious until the car.
lol, nice. the network line is a bit of a stretch, but otherwise quite good. asking too much for a 12 year old bmw, though... frank fingerman
lol nice, had us in the first half
that car is not going to 0 anytime soon.
made me seriously laugh out loud while drinking a beer by myself at the bar... thanks
seems about right? well the car. the btc... hold!!!
you fucking ham. you had me in the first half. you're amazing.
you have won the internet today with this one.
sure you do not want my 30 doge? last chance, bud.
did it come with turn signals?
high quality shitpost,i like more of these
you might try tom from myspace...
you had me in the first half
now this is a quality shitpost
with a 4.0 v-8 i imagine it will be nice not to worry about the gas fees, too.
those rod bearings though...!
do you accept bits of string sir?
i'd go for that if you were in my area
bas si mi bitcoin hadzija ahahah 😂
i do not know why but this motivated me for some reason lmao
you got me worried there.
wooo buddy you had me lmao
the best i can do is 3 dodge
what color exterior and what color interior? also you have the navi screen?
what’s your opinion on cardano?
i’m more surprised it has 120k miles. how’s the reliability on those bmws?
listen a got a pair of 2x4s . let’s even trade fair and square i know what got , no low ball offers.
lol it is funny because bitcoin is all of these things but it has less utility.
instructions unclear bought bmw instead of btc. fuck...
oddly enough e9x series m3 is probably one of the few that will eventually appreciate and become a collector. the only ever v8 m3...op dumb
scared me for second there holy fuck.
the fact that this has so many upvotes had me very concerned at first.
you got me on that one lol
give that man an oscar.
not to mention those gas fees.
i almost got really upset lol
how about .3 btc worth hbars, you will be able to buy lamborghini, once you hold that😂
that portfolio dropped 50% of its value the moment you took possession of it, that would be enough to spook a lot of people alone
you son of a bitch
op is a master deceiver
in retrospective, it was never an asset
u sir are a gem of a legend.
e moj hadzija 😂
not gonna lie, you had me in the first half
yeah i rather have a piece of mind than constantly be worrying about it too.
pretty good other than the network bit ;-)
this is incredible. i'm so proud of you.
this post is god level!
ahaha this one got me lmao
.3 btc was like 10k at one point recently :p
😂😂😂 yet - you sellin the m3 for btc?? hahahahahaha
you bought a bmw. tells the world all we need to know.
the ol okie doke
nice. a moon for you.
was on the verge of tears. but the punchline came just on time.
bye guys 👋 *deletes reddit*
you had me going
best i can do is 3 doge
the post is fine, the bmw with 120k for .3 btc on the other hand...
.3 btc jesus that’s expensive
did you seriously just steal a r?
some moons for you, sir :) enjoy well, ok... 1 moon... but it is half of what i have so... :)
jokes aside, cryptos are worth literally nothing because they are not ever used for anything other than investing.
not gonna lie , they had us in first half.
he had us in the first half, not gonna lie.
btc and eth wont stay on top forever. preparing for downvotes haha. its true though. if you went back to the 80s and told people the auto industry wont remain dominant and they should buy apple stock you'd be looked upon as a moron.
i’ll give ya tree fiddy.
you had me until the end fam.
had us in the first half ngl
fuck you got me. i had a whole rant ready to be unleashed on you about not selling, but you got me! hope somebody is willing to offer you what you want 😂
almost had me, nice quality shitposting op
will you wait until bitcoin drops to about , then i'll buy it from you :)
wow, this is actually an original and genuinely funny post. have my vote, sir.
enjoy your moons, maybe you can buy something better for the environment like a ~~tesla~~ dacia spring.
well hopefully he stopped or he is going to climb that gate later. gotta make sure it is the offer of more chips, not the recipe. this is even more absurd. literally no one is forcing tsn to do a draenei protoss zealot transmog in 9.1 has just been shot with her first arrow, and is trying to lure you to the bottom half that is 7 years old. (probably not, but on his own sub, we could even bring up gun suicide at this point we all knew arsenal will park the bus, and it's hard to fit that guy in a hard hat and this is vesper
i've been particularly stressed about my portfolio today, thanks for this!
not gonna lie. you had me in the first half.
i don’t get why people think this is funny. he’s absolutely right about everything.
they got us in the first half, not gonna lie
you had us in the first half
they had us in the first half, ngl
i was about to go karen on you
i'll never understand someone that would sell 100% of an investment of a lifetime.
damn did you know you can actually sell without making a lame ass post?
take my silver, you earned it 😂😂😂
haha, niiiice post. got me giggling.
wait we're selling lambos now? so confused
i only read tittles :) i say bs . no one simply sells after a 7 year ride.
can you hodl it till the bear market? i'll buy it then 😂
you had me you son-of-bitch. noice.
so sell car, buy crypto. got it.
i was so damn close to smashing that downvote button lol
100% hook, line and sinker. flawless
maaaaaan you had me hahaha
if i can get a good price for my tesla i will come back and ask for a test drive!
i need to stop looking at the 'new' posts
you got me. well done sir!
this is gold lmao
thank you for this
fantastic. do you take shib?
not too familiar with bmws or m3s but that sounds like a solid price lol
i can do 0.005 doge, take it or leave it
you got me! excellent work
0.3 btc? does your m3 have the dct or the manual?
you mf got me .
you got me player
this is the one i’ve been waiting for...well done mr poster, well done
i see what you did there.
what a madlad 0.000012 btc take it or leave it
bmw is definitely a depreciating asset... but it is the ultimate driving machine.
mann, i must be the 0.0001% of people who you did not imagine reading this post. i would actually be serious about buying an e92 m3 in btc. i own a e92 m3 manual and i love these cars and crypto. 120k millage is kinda high tho, mines on 67k :( what country you based in?
can i give you 3 polygon?
if you are serious i'm interested. would you take eth?
phew. here i was thinking you’re were selling something valuable
lmfao you got me , that was hilarious
ok had me going lol. too bad i'm not in the market for a bmw right now.
bless this man with moons.
well played op. well played
great post to start the weekend
this post should be in the guinness world records lol
excellent shit post, good sir.
is it manual or auto?
i have .03 btc, call it close enough?
have the bearings been done?
you got me there sir! 🚀
*he says it is worth .3 btc.* *best i can do is 50 doge* \- rick harrison, from crypto stars
you had me in the first half...
wow you got me.
well done, my good sir. you had me in the first half.
lol. nice. god bless you.
you're not going to refuse to accept my btc tomorrow and say it is not good for the environment are you?
if elon would not take bitcoin, i cannot pay for a car with bitcoin. maybe some shib or doge, but not bitcoin
you appear handed pussy!! only kidding, enjoy the win. 🍻
ok but like, this is a badass car. i work for bmw and own a 2008 e92 lmao.
you son of a bitcoin, you got me
ah, the old [switch-a-roo](
imagine listing a car for the bitcoin equivalent of ,000, seeing it sold, then realising that elon musk tweeted moments before that his nan coughed because of bitcoin; making the sale worth ,000 this is how villains are made
i’ll give ya 5000 doge
really should flair for ... lmfao you had me going for a minute
sell is as a physical nft
i’d buy the shit out of an e92 m3 for 15k
better get paid in doge just saying
give this man some moons!
such a xpicy post mate, you got us.
wise man. this market is being manipulated by the few. still in the wild west plus who knows how the feds and quantum is going to shake all this up in the next 5 years.
yeah the show’s been like six years bro
alright i got baited lol
would give 3 doge for this extraordinary piece of crap
ha ha you got me
crying xd loved this
e90 m3 v8!! somebody over in the bmw subreddit will value it.
take care of it and that m3 is doing nothing but appreciating
everything about this is perfect
interested in those 4 alloy 18" wheels only
bruh you got me
and here i was, about to write an angry reply.
what does elon musk think about it?
hahaha hold, i mean, gold
best of luck. do what you feel is best boss! :) i will use your gas fees to pad my accounts. ;)
you smooth son of a bitch
do you have an ad if you're for real though? :)
waiting for the v10 m5 guy now
someone finally gets it!
the only thing more expensive than a brand-new german luxury-sport car is a used german luxury-sport car!
this was fun! 😁
i gotta admit, you had me in the first half.
i fall for this fucking shit every time
now this is shitposting
man was i triggered, good job.
this is a joyful post dude, thanks for the laugh. in a terrain without memes, you have made my saturday afternoon a little brighter here.
someone mint this comment an nft!
what a bumpy ride. neil armstrong
an 2009 m3 ??? what da fuck ??? keep that car for another 10 years and you can sell it for 2.5btc (when btc is at 100k)
at first i was rolling my eyes so hard i could not keep reading. then i was laughing so hard i could not read anything else. lol
a bmw for .3 btc if the 2010s could see you now
i’d send you .3 btc but it might take like a day to get there! so efficient!
where you at... i could go for an m3... would you take doge? exchanging to btc would be a taxable event.
i’ll buy it. 0.3 btc.
ill come back in a week and you better have changed the price to 3.0 btc when it drops haha doge ftw
you had me there
sounds like a good deal. manual or dct?
jokes aside, a v8 m3 will only appreciate with the coming years as ev’s take over. its also arguably one of the best m cars bmw has produced. if i had one, i’d hodl it till the day i die 🤩
damn that is not a bad price, i'll take it off your hands for .3 btc. tell me it is manual and low miles!
you want 149000 usd equivalent ? you cray
it's a old bmw sell it and buy crypto
great post! seriously though... i'll give you 1000 doge for that m3 to the moon 🚀🚀🚀
got me at hello
i just got rick rolled like a mf!!!!
no joke, what color paint, interior, and are the wheels comp or stock base wheels?
i mean, even if you were talking about btc you wouldnt be entirely wrong
serious question: if someone took you up on this deal and we agreed on 0.3btc but let’s say it took me a week to make the fund transfer. if the btc price hypothetically dropped 50%, would the deal still be valid? just curious how btc transactions will actually work in the future if there is still this much volatility.
one of the most reliable bmw ever
dude that is hilarious
i want to ride in my car.
they are heading up in value. last of the na m3's. unless your trading it for an e46 i'd keep it!
i know all jokes but this is actually my car! pretty cool to see someone else that has one into crypto!
i love this 😂 also will buy
haha this is great.
i was bamboozled ! clever !
i will give 1 btc and 20 eth
had me worried, rock on!
now that’s depreciation, bmw worth .3 bitcoin in 2021. sold for over 300000 bitcoin in 2009.
ha! you got me
thank you for the laughs sir!
great post mate! ill give you 0.03 btc, take it or leave it
that’s some good trash
jesus man, if you pay me .2 bitcoins i'll take it off your hands.
boooooo but i like your twist. forreal, tho- m3s are always hot. how about a 1990 sport evo for ?
.3 btc = .
i was about to trip in the comments. now i trip on my big fat gut in laughter.
holy shit it took me way too long to figure out what was going on here lol!
should of gotten an amg, might of held a better value ;)
double entendres inside of puns with a crypto-twist to top it off? this is some serious jokeception
they had me going in the first part not gonna lie
have the rod bearings been done?
hahahahaa... i've got one too... 2008 space grey lolol... great car though
man, hell of a car though. jealous you got to enjoy it for the last 7 years.
nice all the gas i’ve been hoarding will come in handy and i can finally get rid of the bike i stole from my neighbors daughter.
haha nice, did not see this one coming
well you coinhodlers are a unique bunch. i’m envy
damn that’s a really good price, is it really for sale?
it’d be cooler if you didn’t
i know this is probably a joke but if you’re legit selling for .3 btc i’d buy that in a heartbeat, right now
got me. and i love it.
i’ll bite ... offering .2
best of luck and i hope you made handsome profits!
this is awesome 👏🏼
this post is shit. i love it
what aboooouuuuut .2 eth?
coworker bought an m1 from his 2017 gains. he sold it and hustled through 2020.
haaa i thought you were about to fud out but turns out just a g 🤣
ahhhh yah got me. i was shaking my head the whole time until i got to the end.
can anyone loan me .3 bitcoin?
.3 seems high, i'll give you .1
asking too much. 2 eth max
post of the year.
lol i have an 11 and been thinking the same
ver nice. you actually got me for a sec. “oh jeeze another one of these posts.” begins reading first paragraph... “this muvfucka actually selling!” last paragraph. “ahhhhhh king!”
thx for your sharing ![gif](emoteemo_pack_1arrow_up)
hahaha you had me going 😂
,000 for that garbage? gtfo
dont buy it , gonna be an endless cash dump
i give you 3 hotdogs for it
my cousin has the same car but he is kinda dumb at what he does and got scammed by a guy that was going to buy it. for some reason he gave it to him and the guy never transferred the car to his name so the car is still on my cousin's name. he still owes it and the other dude took the engine out to resell it lol
at first i skimmed and downvoted. then i actually read it and reversed to an upvote. well played.
so, what network does your m3 use? is that supposed to be the freeway or something?
shit post of the day!
would have been real awkward if he celebrated like crazy, pounding his chest and screaming that he was brave enough to bring the receptionist some norwegian milk chocolate whenever he returned from a trip to new zealand this morning and i had anarchy 😔
well played ! :golf clap:
*deeply inhales* smells like bitch in here.
finally some good fucking content
is this an attempt to farm moons? maybe. but it made me laugh so take my like sir
i mean...yeah go ahead and sticky this post.
holy fuck, you got me good
e92 for the win!
right now is critical if your going to trade get in and get out there are no safe long term holds. [
69k miles it would have been a forgiveable lie
lol 😆🤣😂 that was so good!
no selling, justbuying dips
wtf what a rip dude. i ain’t selling my bitcoin to buy your car
there's a used car shortage! shoot for .301 btc.
shitpost aside, if you actually sold a 2009 m3 for 0.3 btc you'd be completely fleecing yourself. try .4 or so.
best thing i've read all week. 🥇
tbt to when .3 btc was 1.2k march 2020
was expecting the joke, gave me a chuckle nonetehless.
what color? carbon roof? dct or 6spd?
i feel attacked. i have this car
and the coordinated fud attack continues
rod bearings been done?
“especially in a big city” damn right about that lol have fun getting stuck in traffic for 3 hours in new york city
something something flagship e92 last good bmw
got pictures and time stamp?
i hear ya. some crypto’s have zero utility whatsoever (bitcoin.) theyre never gonna replace fiat. it’s just a serial number you can “buy” in hopes that it will increase in value and you can get more fiat back.
absolutely legendary shitpost, brought a genuine smile that i have not had for a while, and for that i applaud you, bravo madam or sir, bravo
yo i'm interested. you take doge?
\*tezos has entered the chat\* green alt coin. used for green nfts on hicetnunc and kalamint.
120k on an m3 means she was well loved. i do not know about barely used. still though .3 is not a bad deal. a new one is probably 1.3.
too fucking funny... you rock
i'll give you 100 doge, that jawn finna blow up!
0.03 btc? say less
dude do not scare me with these posts.
fuck you. i love it.
god this is great.
🤣🤣🤣 you had me there for a second... but on a serious note you're right... that beamer's got to go... it will eventually depreciate to zero
had me you fuxor. 🤣
.1 is the best i can do
this is now one of my favorite posts in recent times you fucker!
hahahahahah this got me -.-
that took me way too long to understand. i'm an idiot. diamond hands
nah a dinan kit for my 235 could get me to 400hp for less
present the smart contract and im in
you totally had me!! i was like wtf? this whales been in the crypto game since 7 years again and he’s out??!!! well played!!!
the ol reddit switch -aroo.
will you accept doge?
i'm actually in the market for a decently kept e90 m3, and 120k for ,000 sounds like a great deal.
lmfao i love you
i was about to rip you a new one with that title 😂😂
oh i see what you did there. only a third though? so like 17k ish
i can send you 40mil safemoon right now for it
i c what you did there lol
i could not get the joke. should his post have to be in car sales not reddit btw you should have sold tesla not bmw
that s65 though! such a gem, if you get past the vanos solenoids xd
i’ll give you 3 doge for it
i just got 550 for my 98 audi. bear market out there!
so most of us actually read the whole post. admit it, we all are here for shitposting 😂
a bmw is much riskier imo
ahhhh, the click bait.
thats a luxury automobile
pics or ban. :)
i give you 3 eth. take it or leave it, you know this 3 eth are gonna go trough the moon
2011 m3 here. hold onto that thing. they're holding value well and will soon start being more sought after since they are the only v8 generation. wish i still had my e46 m3. they're going up in value fast.
blew my mind haha
ill buy for 200 dogecoins
even better. i’ll give you .3 dogecoin for it
inb4 rod bearings make it go kaboom just like the s85
[terry tibbs maserati 3200](
is it blue? i might be interested.
swapping dodge for doge
e92 m3's a solid investment
since it’s a bmw i’ll offer tree fiddy
thankyou, i appreciate you selling it to me so cheap
definitely had me in the first half, even a little bit into the second. "why is this quitter bragging about his flashy ride? ...ohhh."
nice. time to buy a 2016 aprilia tuono v4 1109, 10 xmr, and a g-suit for your moon launch.
lol totally not what i was expecting. if this were a real post i would tell you sell the m5 to get an older m5 lol. the e60 is too big and too fast. rather have an e34 or e39 to hold my bags in. i actually have an e34, but it is not an m5.
the musk effect is taking action, people follow, with no questions!!
oh, ya got me!
i was about to be pissed and then... “sonavabitch!”
this sub is a fucking shit show. mods can you do something about stupid, wasteful shit like this?
but what are you buying?
i’m with you to and this, but you can have egg and chicken as well. just leave 20% of your income on the side and but back your favourite assets after correction. most of people i know is selling or diversing their portfolios
that is not an asset, that is a liability
sell both and buy something with an actual future.
120k on a bmw? no thanks.
does the vehicle have indicators ?
lol, this is really witty. love it.
just my thoughts, but i’ve never been into following an imaginary “currency”... don’t me too busy weighing my gold
sounds like a very baity post
lol you son of a ' got me the first part.
i thought he wants buy shitcoin with his lambo
that car isn’t even worth 0.1
smart move sold my car weeks ago to purchase crypto.
i want an m3 real bad but i grew up driving beaters and just can’t justify the cost for a little shake and backe. i got a focus rs instead :(
yo ill give you .1 btc not .3 my btc is too valuable
lmfao ya got me
crazy to think i sold my car for one bitcoin in 2017. this car 😅 was worth about
i’ll trade my 2013 335i for it lol
m3 to the moon. fud
wow nice description about car. now i started thinking about my 🚘.
you'll be back. no one has just one bmw in their lives
i love the troll...not the car
that's a shitty deal lol
i can only image how bad you've aged
ok...i gotta admit...you got me!! 🤣🤣🤣
what color and transmission?
pre facelift, high mileage, and you did not mention whether throttle bodies, rod bearings, have been attended to or if it has a cf roof. also no mention of transmission so i'm assuming it is an automatic. gonna need a price adjustment.
sweet ride. it's fun being in the bmw club but btc is excellent too :)
if i had a satoshi for every time i saw a bmw, perform a unsigned lane change.
this won’t age well.
only accepting doge cause a meme deserves a meme currency surely. maybe even accepting moons or karma ?
does the turn signal work?
you act like you own a tesla
ooo... you had me there.
will you take 0.29999999
come get this cat food you fuckin prawn
bmw? what coin is that, and more importantly, is it on pan-cake swap because i am not paying no
that post was a wild ride!
i want this, the v8 bmw m3 was tits up
i was about to panic sell all my crypto.
you ever track it?
was fixing to block and report to the manager
i will work for you online for money
a bmw at that. keep the btc for repairs!
hahaha, got me. nice one man.
isnt that a bit high in price for a 09'? could find a fine one in germany for much less than that.
thats a fucking steal if thats real 15k for an e9x m3??
i’m already starting the short big a’ time
u? i'm interested... :d
hahahahahahahah!!!!!!!!! i love you.
a car is an asset now huh. back in my day, we call it a liability
you had me lol!
you almost had me
you had us in the first half ngl 😂
i don’t think it’s a right hand drive? if it isn’t then it’s illegal for me lmao
you almost had me in the first half!
they had us in the first half not gonna lie
i love this haha
180k km, > 10 years old and over 10k price asked, good luck buddy selling at this price
it would not be worth nothing.
damn you got me
probably depreciate to zero? bro youve been in it for 7 years and hold onto this narrative? godspeed
at first i thought you gonna sell btc... well done! scary post
they had us in the first half, not gonna lie
wow...bro you have to come to switzerland with the car here it gets sold for .6btc
oh man, this is hilarious.
you got me, but did you get ? no? what are you still doing then. dyor and be hooked!
he had us in the first half, not gonna lie!!
got me in the first half ngl
an m will always hold value.
based. im living in hyperinflation and never selling 🚀🚀
shoot me some pictures op im in the market
wouldn't pay that much for a car with 120k miles or that year model
ngl, he had me in the first 1😂
omg guys. keep your car. sell your crypto. save the planet lol. yuppie idiots. elon tugging the leash so he can rebuy his own dip. i'll drink everyone's tears when eth tops out no worries.
i wish there was a for sale section in here that we could use our crypto for
he had me in the first half.
i love my e92 m3 :(
>bmw oh, so you're an asshole.
well, he did not become a billionaire by being nice
i cannot help but feel like this "bad for the environment" stuff is some weird push by politicians and corporations to get us to stop buying into crypto. i'm not sure why yet but that is the feeling i get...they love blaming the blue collar guy while they quite literally destroy entire ecosystems.
had us in the first half not gonna lie!
one of the best m3 models ever made.
just reading the first half. you have me so far, ngl.
i always thought people only buy lambo with the crypto money.
got me 4000000000000 shib going to the moon diamond hands babe
love the joke; but that was the only generation m3 with a v8. future collector status for sure.
not gonna lie... they had us in the first half.
bro i am interested if it is still around. an e92 m3 is one of my dream cars!
this person is funny.
you guys are straight cringe
i'll do you a solid. i'll give you 3 whole doge - elon is on the dev team and it will be worth millions while being environmentally friendly and the transaction will be so much quicker. every hour you delay, i'll reduce my offer by 1 doge.
loool just hold boys this is just another media scheme to buy a dip.
2009 m3 for 10k? i’m interested lol
did anyone buy the bmw with btc
yo you buying again or nah?
best post i've seen on reddit
0.3 btc for an 11y old bmw, that is the comedy gold there. seriously, great post. got me.
did you sell it yet
do you ship international?
this post is great
i changed my downvote to an upvote so fast
i would die for a bmw m3 those things are the love of my life
haahahaha this had me for a second lol
bad ass car tho
superman is useless on wednesday evening because he goes to a weekly bitcoin meet up. it's his crypto-night.
this guy gets it, public transportation is pretty neat. if you live in a city you should not need a car!
got me. crypto is gonna absolutely this weekend
press f to pay respect
had me in the first half i am not gon lie
you got me! 8
this is proper shit posting! absolutely love it
had me going at first haha
these posts get boring, yet you are on the right track!
i wonder if: -better to sell all of your bitcoin now. -there is about to be some major tax. -being taxed like a ceo’t fun. half gone.
good for you , nobody cares, no need to post this fud , but maybe stop investing more than you can actually afford to lose... not financial advise i dont give a crap, but stop posting on reddit til you're smarter. lol
yes all you fuckers wanting to swap your precious precious crypto for a a 1.
wait you’re selling but also selling your car for btc lol. **brother, never sell 100%** do like 50, try to swing trade on the way out. and do defi with your cashed out portion 8-20% if someone buys, post up r’s lookin. i’ve tried to buy a bmw with crypto twice. it’s not an e93 vert is it? 6mt? brown interior? i’m one of the many looking for that combo on a newer 335i edit i see what you did
you are the winner of reddit, today, good sir.
keep an eye on pundi x labs massive moves coming. here's some of the hints i'll share. google: pundi and world's top payment processing companies-ingenico, verifone, pax, paypal and government partners: cambodia smart city, dubai, cyprus, island of jeju south korea. and this year-mastercard, ebay and many more in the pipelines like huawei, xiaomi and oneplus (cbdc) and world's first true blockchain phone. with only 258 million maximum circulation supply and is already sold out + quarterly token burn + chinese cbdc this will create a lot of millionaires in 1- 2 years. all of the above are waiting for pundixlabs and their functionx blockchain mainnet in a few weeks. curious what's functionx blockchain? google: fisco bcos and chinese cbdc. that's functionx blockchain 😎 hello + end of 2021 if you're a us citizen, you cannot buy this in binance so your option is to download their fxwallet at preview.functionx.io once wallet is set-up buy eth and swap it to pundix token. fxwallet accepts major credit or debit cards.
i’m gonna be that one guy that pokes his head in and says buy doge... two years ago i asked myself which coin is best suited to become the future of currency. doge had 1)appeal 2) capability 3) support 4)efficiency bottom line is that the ppl that were outside the crypto market are now being reeled in via doge and it’s not going to stop...it’s going to multiply 10 times quickly especially with the updates being made. who do you think recruiting more new users now? is that going to change? which is more practical? which direction do you expect the whole market to move? ps: just bc 70% of btc is mined using renewable energy does not make it anywhere near green. energy is energy... energy spent mining coins is energy lost somewhere else.
damn, that was so clever! i almost commented “have fun staying poor”.
just setup stop loss er sell orders so your out when it gets too scary for ya. use a hard wallet? don’t b dumb w your info or the comp. what do you plan on investing in? (srslly tho lol, i feels you but stonks r meh but index funds might b my 2nd money pool)
lol you fell for the lies, fud and shills of a hustler. you just sold your bitcoin to institutions and gave them a big thiscount. so they can buy it up and lock it all the way in cold storage. and then have the power to lend it out multiple times. gee let us think about it, the dtcc and cd and co holds all the master certificates to all the stocks in the world. so they can lend them out as many times as they want. what is this new system resemble?
bro are you insane? 🤣🤣🤣🤣🤣🤣 this car costs 20k eur and you want 3 bitcoins?????????????????
this is the type of content we need more of in this sub
had me in the first half
had us in the first half, ngl
he had us in the first half ngl
ngl, you had us in the first half.
ngl you had me in the first half...
they had us on the first half not gonna lie.
they had us in the first half, not gonna lie.
this made me cum
had me in the first half ngl
had me in the first half, ngl
got me for a second. you deserve an updoot
you almost had me in the first half...
i will give you 1
it smells like bitch in here
this is the way.
my 535i feels personally attacked.
lets start with you had us in the first part posts :d
3 btc is like 2 doge in 2022.
had me in the first half ngl 😂
gotta admit you had me in the first half
man i downvoted before i read more than the first part... you had me in the first part, not gonna lie😂😂
it’s about to sky rocket. don’t fud now.
had me in the first half not gonna lie
lmao spending crypto investments on a fuckin car. have fun with that buddy, at least your teenage friends will think you are “rich”
you had me in the first half not gonna lie
ngl, you had me in the first half
sir whoever you're are a fucking legend!
oh i’m getting 2017 vibes. top is due in a few months.
you had me in the first half, not gonna lie.
damn! you fucking had me in the first half. nice!
they had us in the first half ngl
had me in the first half. well done
im all in for shitposts but what the fuck man. thats an absolute beauty. a classic in the making. keep that car
you had me there in the first half, not gonna lie
insert *not gunna lie, had me in the first half* meme
you got me in the first half. not gonna lie
you had me there in the beginning
120k miles? wut simp is this
this post may break r... well done. ![gif](giphyyrufixsnwfvcxaxpmx)
can't lie, you had us in the first half
shut up and take my awards!!!! 😂
lmao. had me in the first half.
just hold 0.10 btc for the next 20 years ... you would not regret it
i dont get this bad for the environment bit. modern life is the worst for environment so just die. shipping cargo contributes the most and driving cars everywhere. insert, had me in the first half not gonna lie
you had me in the 1st half
you had us in the first half ngl
lol! you got me in the first half!
cant you just put “stop losses” in and not worry about it?
he had us in the first half...
blinkers on a bmw , almost as useless as dogecoin ;)
the list of why crypto is shit could go on for a mile. why are these posts necessary, the whole point of this was to make money, and you did it. congrats, why do you sound so apologetic?
you got me in the first half, while i was aggressively going to down vote you
not gonna lie, they hd me in the first half. i’d actually downvotes before i reached the punchline 😂
i understand and would not judge you. however, imo, you should at least wait till it goes up a little. you're effectively selling at a bottom of sorts. but hey, i could be wrong, it might even go lower.
you had us on the first half, ngl
i’ll buy it in dodge coin as bitcoin is bad for the environment.
they got us in the first part, ngl
u got me, was almost about to block and report
you got me in the first half...
you should invert this. used cars more valuable than btc soon bad look keep the car. btc least elite coin out right now. green new deal coming aoc prob next president could see btc banned. you should get into more elite less pretentious and more useful crypto like doge.
they got us on the first half!
i am not gonna lie, you had me in the first half.
these posts are actually fucking annoying. it's the same format over and over again - "i'm selling, does anyone want <partner>." yes yes, we all know you hodling 69,420 bitcoin. great.
you do not get it then, crypto as an investment is just a side effect of what it really is. nakamoto did not create it as a ponzi scheme.
billionaires am not persons though
mogu li vas ponuditi doge coinima od kojih ja živim?
under rated right here
oh elon will buy a car with btc, he just would not sell you one for btc.
yeah, because he is jumping on the doge train.
big oof bonk mcflip to the back side from the front side.
sold my wife's car a couple of months ago for ether and stellar lumens. felt very surreal.
i thought it was selling he didn’t like.
do they care if the cars do not have turn signals
ya boy's not selling. might be buying though.
could that one person be elon musk?
ping michael savior 🤣🤣
i am balls deep into crypto, it is all i have, so when i have to buy something i always appreciate when i have an option to use crypto.
what's worse for the enviroment, bitcoin or unaccountable market manipulators who made their family money off the apartheid and nazi regimes?
best i can do is tre fiddy
and it turns out, he stopped accepting it just in time. he would've lost quite a bit more in profit. lol
and he just changed his mind again
i know lots of car dealers that do, and have done for a while.
i know at least one person who is interested in buying cars with bitcoin— i mean, monero.
tell op we dont give a fck... posts like this need to be banned and put else where...
cars - always 'buy high, sell low'.
this is not shit post, this is a gem!
this is not shitposting. this is art.
had to downvote to bring you back to 969 sorry
it is very good shit.
best post i’ve seen in weeks. totally had me ready to sell.
i had to read again after seeing your comments because i was still bamboozled.
this is the kind of reddit posting i come to shit for.
this is the kind of reddit posting i come to shit for
i’m sitting here like *”how he get all the awards tho?!?!”* while reading it. had us in the first half, boyos!
yup. the last sentence was a great twist :)
just because someone makes a joke about it does not make it not true.
\>shitposting \>reddit you do know where you are, right?
the only thing i came here to ask lol, those engines are no joke when they blow. last m3 with hydraulic steering though, legendary.
asking the real questions!
*i know what i have!!! no lowballers!!! must have sats in hand if you want a test drive... *
bmw's are like heidi klum, they are german and like to blow a seal. *not my joke*
ah a man of culture
engine makes a weird sound and the whole car shakes during startup.
nah, more than likely it needs valve cover gaskets and a transfer case. thermostat is probably bought to shit out too...
well, it has 120k on it, so either yes they were done or no they weren’t but it obviously didn’t need them.
you do it anyway just incase. and the tbas.
more like how many times with the 120k on the clock.
don't even get me started. had an 07 m6 v10. that motor was a fucking banshee out of hell and then it threw a bearing at 60k miles. think i lost around .
how did everyone know about the rod bearings thing except me?
this and if it is a manual that is a keeper.
i thought that was the v10 from that era. they had multiple self grenading motors at the same time? glad i got the quadrifoglio, lol.
i see there is a large correlation between auto and crypto enthusiasts 👀
i think the rod bearings were for the m5
if it has a v8 it is not the s54. also that year would make it the e90.
i want an nft of the nft
i’ll sell you an nft screenshot of this post for 0.3btc
right? i could not believe how much i got for my old truck when i got a newer one earlier this year.
yeah no kidding. i bought a c6 corvette just over 3 years ago and today i could probably sell it for more than i paid, judging by similar listings i've seen. i've been watching the manheim used vehicle value index for a few years now and it is *insane*. right now it is at 194. that means that even after adjusting for inflation, the average used vehicle is 94% more expensive than it was in 1995. pickup trucks are particularly nuts, they are 78% more expensive than 1 year ago. granted the used market had crashed at the start of the pandemic, but even that only brought it down to 2016 levels. so put another way, used pickups to day are roughly 80% more expensive than they were 5 years ago, *even after adjusting for inflation.*
you’re telling me. i almost got a 5.7l raptor for 20k. same model and mileage is now 28-35. shits insane.
you cannot get yourself hands on a v8+ 4x4 truck for under . regardless of year or mileage. hell if it is 10 years old with less than 150k miles it’s worth almost
if everything in the market has gone up is it still appreciation or is it just inflation because the dollars buying power is decreased across the board?
yeah you can thank the superconductor chip shortage for that. shortage in new cars now.
thank the chip shortage for that. new car production is down because they can’t get the chips so dealerships are buying used cars because the new inventory is running out and they need something to sell.
has the car market increased, or did your dollar just decrease?
>appreciated the word you’re looking for is inflation
there’s bigger profits in used cars than new cars.
yes it has - it’s crazy. one of my cars appreciated 6k between january 10 and april 30!
imagine how much my old family wagon with the beaverboard siding would be worth today! 🤑🤑
has it really or is it inflation?
you aint lying. try and get an e30 m3 now... ouch.
they already are; e46 m3s are up 40% in the last 18 months.
i just came here to post this.
i came here looking for this gif and i'm not thisappointed
my first thought seeing this as well so decided to make a [gif]( of it. (note it runs long so ppl have a chance to read) also, posted to the memehub community on hive with mp4 siacoin skynet version. fyi we make some decent hive crypto rewards for shitposting original memes. it's great. [decentralized social media ftw](
not gonna lie. they had us in the first half.
no but he accepts elongatedshitmoon
je li dizel :d
thought that‘s what they buy with the profits.
it's an m3, this is way too low for this car.
one question, why do you always write you name below every comment ? we can see your username
12 year old m3s can sell for more than .3 btc in good condition...
the network of roadways :)
that’s a stupid low price for an e92 m3 actually
same. im like “wtf!” and then, “ohhhhhhh”
they're in excellent condition! never been used. 🤣😉
not just a bmw, an m3. .3 btc is actually a deal lol
id buy it in a hearthbeat of i lived in us. that price is unbeatable
it's half of what they go for in usd
basically this exact post was posted several times in 2018 when it dipped. and wouldn’t be surprised if that was also a repost.
🤔 but you did not say what to buy though. the analogy does not work in this case
so you're saying to spread on alt coins. i agree with you on btc, now the main purpose of btc is to attract attention and get new people into crypto. i still think ethereum will stay for a long time though.
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it's 'should have', never 'should of'. rejoice, for you have been blessed by couldwouldshouldbot!
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agreed. it’s still a good car.
that's master bait, right there
i don’t think you read the whole post...
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it’s a bargain. would be interested if i didn’t already have one. bought mine in last years covid dip. worth 20% more now. makes me smile more than appreciating crypto, won’t dip like crypto unless i crash it or fresh covid or etc. lol
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looks like someone did not make it all the way through the post before getting all up in their feelers.
well this is awkward
so many morons on reddit lol...this is why you can’t listen to anybody on this website.
he’s talking about his bmw
you missed the joke
you realize he’s talking about his car right? it’s a joke.
read the last part
“before the coach put me in.”
for his bmw he’s selling?
stop loses on his bmw? lol read the whole thing.
made money on the bmw m3?
kinda weird to compare a car to traditional finance.
what are they ? i know zucc is a lizard
so why all the posts praising vitalik as the best person on the planet these last days?
carcinization of the billionaires 🦀 it’s only natural 🦀
person, now there’s a word that’s legally misleading as fuck. pretty sure i can 100% guarantee you every single billionaire is in fact a person.
why does every non-rich person hate and resent rich people, but when you ask them what they want in life, they will say is to be rich and make it? i'm starting to think poor people are morally superior people and are bullet proof to corruption, greed and laziness.
rich man bad, me good
the fuck he am not. just like he really thought the price of tesla was too high. he's playing puppet master and winning. i find it quite humorous really.
i love mogu mogu too!!
anyone has an idea tf are they talking about?
daj nam btc-a za bajramluka i ne cemo vise nikad, hadzija! 😀
neka hvala, daj btc :)
daj doge bajrambanke :smajliface:
pravi slavi ne veruju you bitkoin...
except for the ones with future classic potential. they're quite like crypto, you buy them and hodl with the occasional keep up cost.
hehe, come to turkey and you will sell any car for 2x price in less than two years. used car market is wild these years in turkey.
that first mile tanks the value.
cars - 'buy high, spend high, sell low' :(
24. this is my life atm.
wait a goddamm minute, we have gifs now????
ye it ain’t no shitpost at all. the only way my crypto will transfer to fiat is for the car brand.
low cap gem ?!
i had a 2008 m3. starter died on me…twice. oil filter housing gasket and oil pan gasket leaks. coils died on me…twice great car to drive but the babysitting is no joke
this gen m3 are epic for sure, but for me nothing still beats the e36 m3's on legendary status.
lmao. true that. my fuel pump died on me. finally sold it when the air-con gave up. i guess bmw really means bring more worries but it was one hell of a driving machine.
this man must have owned an m3 or two
throttle actuators just got a ’m good
was an e46 issue, not e9x
e46 m3, e9x m3, and e6x m5.
i want an nft of this comment
i think the used car market appreciated around 50%, inflation is very real. that’s just one of the many reasons to hold bitcoin.
bro some “macro experts” said the 4.1 trillion dollar expansion of the us balance sheet was deflationary last year. really shows you how much these guys know
i have been casually flipping cars for almost 2 decades now, and this is the first time where it is actually worth it to fix up the hooptie and sell it instead of parting. obs chevy trucks's are bonkers right now. i picked up a decent '96 2dr tahoe last year for , and browsing ebay listings recently [i saw one that was a carbon copy of mine]( that is bid up to !!! i picked up a cheap 99 escalade and 99 k2500 suburban earlier this year with plans to part them, but i'm rebuilding them instead because that is where the money is at!
i know basically nothing about cars but could a lot of that 96% be because newer cars are built better and generally last longer compared to cars back then?
that’s a great point, i mean look at the chart for dxy and you can see the weakness of the dollar. but assets such as crypto are definitely appreciating and imo would’ve still appreciated during this bullrun even without the inflation. the money printing is just fuel for this bullrun.
that’s what i was trying to say “inflated”
same but e92... 40-50k for a 10 year old bmw 😭
single owner? you do the rod bearings and the throttle bodies? manual? someone will buy it off you. they're never going to make anything like that m3 ever again.
depends on the day. when bitcoin is , but at .
he’s the rare person who does it. now you will remember his name.
he's the "bob vance, vance refrigeration" of this subreddit
because he is a gentleman
because he’s frank fucking fingerman
instructions unclear, have just fingered frankman. (insert_name_here)
all the cool people are doing it asmo diar_
to remind us he is mr. fingerman.
because he is a gentleman of culture
he's trying to be special
usernames are too small to see properly!
guessing our pal frank does not know bmw's. 15k is spendy for a 2009 for a regular 3 series or most other cars.
i think eth is good in terms of profitability over the next couple years. right now its really a bet on how well eth 2.0 will work in terms of solving a plethora of issues other coins have built themselves on fixing. to me it seems btc was the 1.0 and eth was the 2.0 of crypto in general. what will be dominant in the 3.0 era is currently being worked out by the market. i think were also starting to feel irrational trends more than ever. doge for example. businesses begin to accept it but its unstable. one day theyre up quite a bit the next theyre down just as hard. meaning the doge rollercoaster is their first impression of crypto. i think cryptos just beginning to feel its age and with that comes hard lessons on all sides.
not awkward but cringe as most reddit users tend to post. <3 sorry if i became one of them for a moment
indeed i did lol i read the title, saw awards and figured it was just a dumbdumb w bigdumbs awarding it. turns out i’m the dumb dumb
there's only one logical answer, crab people
i know of at least two poor lizards.
i thought zucc was a robot? a poorly programmed robot.
elon is a child labour abuser aka scum
i thought he was a malfunctioning alien robot sent here to study us.
all hail the zucc 🦎
oracles, in a simulation
they are supercomputers all they do is process information.
i think thtat he is ai...
yo i saw that guy lick his own eyeball once
well to be fair, he very well may be a cyborg
android alien lizard, guy. c'mon
he donated 1 billion dollars to india covid relief fund. in other words, he donated a sizable portion of his net worth, and in return, his donation will save thousands of lives. that being said, i'm kind of suspicious of the dude. he once went on twitter and said that possession of child porn do not really hurt anyone. which is, uh, weird.
because he kind of fell into the money. he did not become a billionaire by inheriting from family, or by exploiting labor, etc. he co-founded a cryptocurrency that took off. he's in the news now because he donated . i wouldn't be surprised if people started criticizing him for not giving more money since his net worth is still something like -20b. but to actually have that much money, he would have to sell a lot of ethereum, which would cause the price to drop, so maybe it is not a valid criticism.
i think they are talking about the jungle book. great movie… live action one, not so much
lol, you can use google translate to see, but do not bother, we're just shitposting in another language :)
čekaj da dođe adidascoin
very much so. but i worry if they will let us drive them soon. you do not know how pissed i'm going to be if i'm not allowed to drive mine. and i can see the argument, the huge, heavy chunk of steel belching black greenhouse smoke and piloted by some glasses wearing hairy ape. plastic ai driven transportation is so much more reasonable, and less of a menace to everyone.
its really hard to judge though, my first car was fairly shit tier by the time i had it, it was about 10 years old. the computer chip died was going to cost 2k for a new chip and the car was worth 1.5k if lucky when selling working. so i sold it for . i thiscovered last year that model is selling for between 8-24k and the colour mine was, was a rarer colour then most and so even not working was worth about 15k. but if you told past me that my common shitbox was going to be worth so much, i wouldn't of believed you.
mk1 audi tt, gonna be worth a small fortune in 20 yrs
bought my first car for . 1968 volkswagen beetle, baja style. would be worth more today!
still not sure how i feel about gifs on reddit
dunno why i find this funny
i decided to slow down the gif at the end. [it]( [was]( [not]( [a]( [good]( [idea](
[it's... complicated.]( only works on the reddit redesign. and from what i've seen, you cannot just post them wherever you please...
i had a 99 e36. fuck that car was expensive. but fun.
every m3 beats the anemic us-spec e36 “m3” we got here. e46 m3 is best m3
love the cars but cost just as much if not more then a mercedes now. but my favorite driving cars still are bmws
same with mercedes. ignition switch on any car-. on a benz? ,000.
sorry, guess i'm stuck in the past. 😔
never heard about the s54 m3 needing rod bearings, only knew of subframe. didn’t know there were so many bmw homies here 😂
oh really? interesting, thanks for the info
[here i made you one](
i want my penis pic as a nft.
inflation, chip shortage, shortage of vehicles from 2008-2011 that would be prime used vehicles today, and a shortage of new vehicles produced during the pandemic that pushed a lot of new car buyers to the used car market. its like the perfect storm.
inflation plus a global chip shortage.
it’s not inflation. it’s a shortage in supply of new cars (due to chips) that’s jacking up the prices.
inflation is based on money moving hands. money was not for months on end. finally we are seeing some. maybe the fed knows more than random redditirs who think we actually print money and not through bond interest or private sector demand, bank loans etc.
velocity of money matters, not just supply.
part of it is, yes, but there is definitely been a major price increase in just the last few years. the longevity of a used car in 2017 is not significantly different than a used car today. the main difference in used car reliability is when you compare modern-day to like the 80s and earlier. by the late 90s and early 2000s, there were many options that would last hundreds of thousands of miles. other factors are low interest rates for long periods of time, giving rise to longer loan terms and lower loan rates, allowing prices to balloon. prices of new vehicles keep creeping up, which pushes up used prices as more people are priced out. for trucks and suvs, it is demand. people want bigger vehicles and want to sit up high, so they will pay more for them. and manufacturers love it, as pickups and suvs have fatter profit margins. they also keep adding to the top of the market as they figured out they can keep adding higher trim versions of these vehicles, raise prices, and still find willing buyers. for a base-spec barebones work truck, new prices really have not gone up that much after inflation. but manufacturers keep building higher and higher end ones, which they love because of the profit. i remember hearing ford made something like an *average* profit of ,000 per truck they sold, and that was in 2015. so yeah that f150 super mega king ranch extra long dick edition is making absolute bank for them. then of course the chip shortage does not help matters either. that hurts new production, and with less available inventory of new vehicles, more people have to go to used ones. on top of *that* people are making money. if they are unemployed, they are making probably close to what they did when they were working thanks to the federal government kicking in an extra . plus they are getting stimulus checks and tax refunds, allowing them to take advantage of super low interest rates to buy vehicles. they cannot go out, go on trips, etc., like they were able to before, many have lower expenses right now.
not if everyone starts doing it :) mirza h
plot twist ... frank is actually mirza's alt, and they did this to farm moons.
this made me laugh more than it should. have an award
and women love him
crab people, crab people. taste like crab, talk like people. *clack clack clack*
crab people! crab people!
it's impossible to see that phrase and to not immediately hear the crab people song in my mind. crrrrraaaaaabbbbb ppppeeeoooppllleee...
i know one that could save you 15% or more on car insurance.
all billionaires are reptilian overlords from alpha centauri. this is pretty common knowledge.
there's a whole valley full of them.
elon is now a robot - basically an autobot type that crash landed in earth and that assumed elons skin via a neurolink prototype. but our earth tech is shit, so it’s kinda like bumblebee when he had to use a radio to talk. that’s why elon is trying to build a true neurolink - so the robot can have seem-less control. peep the neck scar. do you really think they do surgery on the spine from the front of the neck? think about it, remember those “bulletproof”windows on the tesla super truck? the reason they cracked in the demo was the robot not being able to properly control the elon skin and exerting to much pressure. “”
poorly programmed lizard robot.
whoever did his bbq and brisket programming was elite though, i’ll give them that
in my mind, i'm unsure how anyone can surpass having more than a certain amount of money and not be a psychopath
if you have more than 500 million, you must have royally f'ed someone over.
well said. its that you have the ability to make the world a better place by just observing the same rules and taxes as us but choose to pay expensive lawyers to find loopholes around the taxes.
bad generalization. you have absolutely no reason to believe that the proportion of dicks per 100 is any greater in billionaires, compared to poor people. my personal guess is that money just amplifies who you really are so either it gives you power to be more generous and helpful or be a huge dick (see: trump)
i’m waiting for someone to bring out either a “hypocrite coin” or “double-standards coin” so i can watch this sub go fucking mad for it.
are we categorizing being a business owner as "exploiting labor" now?
> he's in the news now because he donated . after pulling liquidity out of uniswap for those tokens 🙄
vidi ti mirze, moon kita 😆 ajmoooo mooon farmanje!
this terrifies me that i would not be able to pick up cars to work on in the future. i'm not in a position for a project car and realistically would not be for 10 years. at that point will it become harder and harder to get older cars. i just want that brappp brappp rotary. i do not care how many seals i have to replace. in 20 years will i need an expensive license to get a gas or diesel?
they cant stop you unless you allow them to. 🤷‍♂️
especially when you sell it to that one hair dresser who never had the money to own it when she was young but made a killin' in crypto and now wants to drive her dream car.
audi a2 will be a bigger hit.
then become sure about it. smh 🤦 it’s not that hard.
am i missing something? gifs have been on reddit since there *was* a reddit
whether you want it or not mass adoption is here already
it's new so we hate it until we forgot it wasnt always there
i'm sure. they're awful.
wait, the people above you posted actual gifs? i guess the reddit client i use on my phone does not support them. i'd been assuming that people just sent the word "gif" as some sort or reaction to things much like "pog" is used on twitch
gives you 9gag feels. reddit is now 9gag 2.0
terrible. that’s how i feel
especially this one 🤔
it breaks compatibility with different clients and generally stifles useful thiscussion. [here's what it looks like on sync](
reddit is just propaganda machine. cant even make a thread that gets visibility unless youve paid off someone. its already over. soon every thread will have gif advertisements so itll be like youre just watching tv commercials every so often. sip on that!
because it’s a joke?
for the express purpose of amusement
the e46 m3 was easily one of my favorite cars. i have a f80 m3 now and it’s literally breaking my wallet
e46 m3 might be the best looking car ever made, at least for a daily.
i do not think i've ever actually seen a true direct comparison between the us and euro spec e36. if you actually look beyond pure hp numbers they were actually closer in speeds than you may think. the euro spec was a lot heavier and probably less torquier (i do not remember off the top of my head on euro-spec torque numbers but bmw always brought up torque figures on their engines over each successive generation on their 100 hp). if you point to that shitty carthrottle video where he calls his bargain e36 m3 a lemon...do not listen to that guy he had really no idea what he was talking about.
> bmw m3 2009 e46 ftw!!
i like the middle pixel
i too would like your penis pic as an nft.
i want an nft as my penis
not worth the gas.
the do not make jpegs that small
also car rental companies sold off some of their fleets to stay solvent while no one was driving. now they, too, need new cars.
the fed is very manipulative and they know exactly what they’re doing, first they say inflation won’t happen, second it’s only temporary, what’s next? 🤔
this is a cryptocurrency subreddit. it's pretty much defined by people not knowing anything about economics or finance
if everyone starts doing it we will definitely remember his name! frank fingerman
hell yeah i'm in! hunter2
we must never remember frank-fingerman! in order to stop this indignity, we must all put our names at the end of our comments. cryptoveli
never going to start using my user name, way to long!!
you clearly know nothing about cars lmao. this is a v8 m3. very sought after.
we do not all like to drive nissan sentras and kia's.
he could easily get 15k if the car if in good condition. the e9x m3 market is probably the hottest car outside of e30s. you’ll spend 30k for an lci comp package at any mileage below 80k mi, looking at 40-50k for a low mileage clean example.
german engineered v8 borderline track car. what’s that saying about not speaking if you don’t know the subject...
i just picked up a well-kept 2004 m3 for 19k, ooops
it's not just a shitty old bmw. it's an e92 m3. the only v8 m3 they ever made. it's incredible. people will pay insane money for a clean one.
(v) (;,,;) (v) *yub yub yub yub yub*
need some cat food here!
eeets all about prawns, mork!
holy fuck i cannot wait for district 10
robot lizard or lizard robot? this is important information if i ever need to fight him
the more money i made the easier money became to make.
how much would you say that is? this is my second bull market...i migth have a problem.
i am not a regular visitor to this sub and do not now what that means. does this invalidate his charity or lessen it or what?
zado se mali opasno prije 2-3 mjeseca imo 0 😂😂😂
you can come to my house and take a few. we have 32 vws here. mostly pre 98 jettas and gtis. most have been modified. all are waiting to have stuff done to them. many of them diesels. also a gigantic 80 something suburban.
ik this is a joke but this is legit what i tell myself when i get frustrated at my analysis paralysis
not inline like this. you had to link to imgur
i don’t think so. just takes up so much space and is thistracting. i want to scroll and read inane comments in peace dammit!
the social media singularity
does that mean i'm adult now?
because it is a good joke
me: (watches comedy movie) i don’t understand why these jokes are funny to me! movie:
e46 sedans were replaced by the e90 in late 2004*. e46 coupes & convertibles ended production in august 2006. long way to say, that is an e90
did you really include a non existant rivian there
would my bath water in the form of a nft suffice?
in project crypto a member has a name. his name is frank fingerman.
i could definitely see his name becoming one of those "moonshot" pump dump coins now.
hey, that is not your name. that's your password
hahaha although... some new kias... naaaahhhh
e46 and e39 as well.
*all hail the mighty zoidberg!*
woop woop woop woop woop
yub? wtf kind of knock off great value zoidberg is this?
when in doubt, take a bite!
usually the lizard people modify their bodies to pass as human, like queen elizabeth and dick cheney. zuckerberg remotely controls an android, maybe because he is part of a reptoid religious sect that forbids body modification, we're not sure.
vws roll out of the factory waiting to have something done to them.
i would love a diesel vw wagon without a slushbox. so hard to find around here
this guy gets fucked
this fuck gets guys.
>it's not that hard i doubt it
ahhhhhh - i see! thanks for the reply!
use old reddit or apollo app
it kills the one part of reddit that i love - the thiscussion!
welcome. get comfy to spend the next few decades judging those younger than you.
every youtube comment ever
his name is frank fingerman!
not really my problem if you’re ignorant about what sets apart a luxury sports car from a shitty ass nissan versa. i won’t argue that there are more reliable cars than an m3 but you’re just acting like a child now. you’re getting downvoted for a reason.
just because you do not care does not mean cars cannot bring anyone else joy. why do you eat sweets if they provide no nutritional value? people who do not eat for nutrition or weight management are idiots.
true but the e46-5 years. i sold my e46 m3 around 2 years ago and started looking for an e92, the last 12 months have been absolutely insane for prices. cars that were going for 25-28k right up until the pandemic are easily 35-38k now 😔
that's doctor zoidberg to you!
“i’m not hearing a no!” -zoidberg. said “that one time”.
"laying in his own pool of blood" "yeah but to have your own pool" and its probably more of a whup whup whup whup🤷‍♂️
this sounds familiar but i am not sure where i have seen it
the money was in every way his. token developers know full well that sending 1. they likely did it as a publicity stunt. if someone sent you 1b intentionally, no strings attached, you have no responsibility to not liquidate that asset. and imo, it’s a good thing that people realize how ridiculous the amount of money flowing into tokens like shiba is. no one should have access to billions of dollars after they do a find & replace, then deploy a smart contract. you can thank vb that money went to a good cause, and not to the pockets of whoever wrote shiba.
my old jetta's and golf were built by panzer engineers than, cause you could not kill them. don't know about the modern ones though.
i love mine. i have had many tdis. my current is a 2015 golf sportswagen tdi with a manual. with the 2015 i average 48mpg on fill-ups hand calculated. i liked the older alhs i had but the interior was so crappy.
i fuck this guy
fucked gets this guy
i’m sure you do, mr. 69 moons!
you do not have to lie to kick it, we all know you know 😉
i'm on old.reddit.com right now and the above gif thisplays and autoplays.
the handler in monster hunter says it on occasion, maybe that is where.
even elon would approve of the tdi's emissions.
guy gets this fucked
well shit. i dont know what to say
freddy got fingered by frank fingerman.
you've never eaten candy? never had popcorn at the movies? definitely no alcohol or dining out at restaurants, either... just because it is possible (and you seem to want to) survive off of only soylent or an iv drip does not mean that is what other people prefer.
i've not played. curious. i've heard it is great though
yeah shows up on res too.
>efrosinina said in an instagram post that surrendering soldiers of the russian military will receive 5 million rubles (us,000) in cryptocurrency or fiat, and an amnesty after trial. >with the ukrainian government collecting over us.5 million in crypto donations via bitcoin, ether and usdt, as of press time. so that is about 200 soldiers able to be paid out by donations alone. how much money are they actually willing to throw at this because 're trying to get to defect...
also known as 18 dogecoin.
this is a great idea, buy out your enemy. i can just see pawn stars + tanks - "best i can do is 50 doge". imagine russian troops driving tanks into kiev, getting out, getting a payment, putting blue and yellow on the tank and then driving it back out to fight russia.
time to cosplay as an russian soldier and surrender.
most of russia’s soldiers are likely conscripts. they’re soldiers bc it’s required of them, not bc they had a choice
that's actually genius. most of what i've seen of the russian army was literal teens. they do not seem particularly thrilled fighting this war, and it looks like many did not even know that was gonna happen. the sooner this all is over, the better
in a few days, 5mill rubles will be worth 3 reddit moons.
i hope this is not a lie, but that website don’t look legit. is this verified?
50,000 usd to defect? i hope the ukrainians are broadcasting this on every speaker in the country in russian. good show
that’s close to ! not bad at all considering the other option is your death. take the money or die.
they should give them an option to become ukraine citizens because they are probably not safe going back to russia, i'm sure many of them would jump at the opportunity...of course they would need a solid vetting process to not let spy's in they would have to be held until the war is over before they get citizenship but they can provide labor as a pow to help the cause and prove they are aligned with ukraine in the meantime
soldiers who accepts this would probably have to start a new life somewhere else.
pro tip for green candles: set the fiat of choice to rub in your favorite cex and enjoy the gains.
looking at videos of captured russian troops, what gets me is how young and scared they all look. hopefully, this will give these young men a reason to stop following a tyrant and choose a more peaceful path.
hehe am a russian soldier and i surrender, take me away
in russia enemy army pays you
guess that is a way to spend all that btc. pretty brilliant, really. i wonder if they will give out those nfts. there's a reason mercenaries of the past took payment in gold. imagine taking payment in a fiat currency that could end up worthless if your side loses. no thanks.
in like 2 weeks 5 million rubles will be worth as much as one xrp token 😂
which is worth ~~,000~~ wait ~~,000~~ no now ~~,000~~ uh, you guys better surrender fast.
that's about 50k usd... 10-15 years worth of decent russian income... 100% take it.
wow, quite alot. might actually work.
after russian banks going bankrupt seems like last chance for putin to earn some money😁
damn if i wish i was able to receive
what kind of war is this?
5 million rubles, so enough money to buy a corn dog.
lmao looking at how the value of the ruble is plummeting the sooner they do ot the better
5 million rubles will get you a nice cup of coffee, sounds like a good deal.
damn that is a huge amount but the market price of rubels are getting low.
so that is about ,000 usd. that's a lot of money. if enough people do it, could probably take that ,000 and get a nice apartment in ukraine until everything cools down. i hope every russian soldier takes this ,000 deal.
nearly 50k usd per soldier, wow
this is a great idea. the russian people are not thrilled to fight in this war overall. i hope many take the money. i also worry this will make putin more desperate as he continues to lose. he’s such an insecure mad man.
don't know what should i say right now, the situation is pretty funny and bad.
offer them eu citizenship and watch the entire army surrender. they’d have reservists rushing to ukraine to hand themselves in.
sooo… about three fifty freedom units?
so, like... tree fiddy?
now crypto is saving the world nice
offering a coinbase learn and earn i see.
"i'm gonna pay you ."
move to russia, join russian army, surrender, profit
this is the only crypto scam i fully support.
i declare war on ukraine. also i'm surrendering now.
this is what a country would do to save their precious nation.
that's good strategy but i do not think they are getting less.
i never thought we can witness something like this in this year lol.
i hope this opens the mind of the russian soldiers. they would not have to die, they get paid and they get amnesty. everyone lives happily ever after.
where that money came from? 170.000. russian soldiers x 5m ruble = 850.000.000.000.
nice, great incentive now post this anywhere other than a crypto sub and watch the downvotes and pitchforks roll in!
what is that like ?
? damn what a good offer
im a russian soldier, i surrender. 🥸
so what like 10 shiba coins?
about ,000 as of right now
what's that in dollarydoos?
sounds like something from rick and morty, like shmeckles or some shit.
i thought we wanted them to have something of value
i guess need to go to russia and just surrender
what's that like ?
at this rate that is soon going to be about 5$
lol war time propaganda in this sub.
handful of platoons surrendering wouldn’t look good publicly, and might cause vlad platinum to call back the troops. smart move.
,000 invading force? sounds like a bargain, frankly.
just enough to buy a big mac.
at this point in time, they should take it. the russian dollar gonna be worth shit by the time the ass kicking by ukraine is over.
is this how we win with capitalism?
, you were lied to...
so like 7 dollars?
this is more than the hazard pay announced for ua forces...
how much is that in usd? 5 dollars ?
5m rubles = nearly 50k usd? where do i sign up
people do not want to openly express it, but bribing someone is far more cost effective than waging war against that same person.
comes out to about .50.
is the russian military taking volunteers?
so .5b usd to buy off all the forces that showed up, the ones that would not defect will end up as pows and handed back over at the end. might be cheaper for the world over all to just buy these guys off that do not want to be there any way.
rubble at this time is worth about tree fiddy
now they need to drop a million leaflets over all russian forces to thisseminate the news, like they often did in ww2
the. value of the ruble is dropping fast. but as of right now 5m rubles = about .
why is this "controversial"?
i mean 20 bucks is 20 bucks
which comes out to about tree fiddy.
that’s how you do it. go ukraine!!!
i russian soldier. i put arms down. gimme moons now.
rubles? so like 15...
desertion has never been this lucrative, and for once i am a fan of both the people deserting and taking the money. no one needs to die needlessly.
anyone have a russian soldier thisguise i can borrow? i'm broke, an american and about to surrender myself too.
i’m not russian and live in the usa, but i surrender!
do they get ukranian citizenship as well?
this is interesting but i do not think those soldiers will take it.
act now. that value is shrinking fast.
each one of them, or all of them together? 5 mio rubel is almost 50k usd, while the average annual ukrainian income is about 2k usd. no way every russian solider surrendering to ukraine will be welcomed with early retirement. they can be happy if they are not killed, tortured or starve to death. this is war, this is not some hollywood movie with a happy end. people die horrible deaths on both sides.
i'm pretty sure a lot of russian soldiers also do not want to fight ukrainians. it's a win-win.
that right there is almost certainly a lie.
is that enough to buy a happy meal?
hmmmm. lets see, at current market rates for the rubble that would be, lets see now, give me a minute... about €12.95. :p
clever, 5 million roubles just keeps getting cheaper…still a good idea though.
so the world is donating to ukraine so they can waste it on bribes?
such a good idea!
what happens if they get caught tho? won't be pretty being a war criminal.
just as the ruble collapses? can they not request it in euros instead?
but who would actually take that deal? if you're russian and surrender, i assume you would no longer be welcome in russia. so now the deal means you'd most likely never be able to see your family again. also, if you're russian and surrender, and stay in ukraine, you'd have to believe that russia does not end up conquering and occupying ukraine right? because if they do, and you just happen to be a deserter who surrendered for crypto, you'd likely be executed. so the deal is basically a lose-lose. i do not get how any rational person would take that deal.
that is worth about oops wow they better hurry up
lets hope they use monero or else the russian government might be able to track them down once the soldiers try to pay out.
i wonder if they’ll airdrop the tokens.
this is how you win the war
they could just offer to purchase any russian tank from the soldiers driving it at market price. that's like half a million per soldier (2 million per tank, 4 soldiers inside). the ukrainians can use the tank during the war, and can sell it after the war (recouping a lot of the money paid to the soldiers), so this ends up pretty cheap actually. payment to the soldiers can be progressive (100k immediately, the rest at 50k) so it is less of a hit on ukraine's budget. or it is a choice between 350k immediately or 650k progressively. and to the soldiers, it is money that will last them to the end of their life, they can live in a cosy european capital forever with half a mil. actually, ask the us to give free green cards to any defector: any soldier giving up (selling) their tank, gets half a million and can spend it in the us where they do not get retribution from putin. if the us really wants to help ukraine, they should totally implement this. it's super cheap (especially considering the lives saved), and it should be very attractive...
i want those 5 million and yeah i am a fucking russian soldier.
what sort of torture and interrogation do you need to go through? asking for a friend.
the war must be going well then for ukraine. just as the clowns in the msm says lol. someone left out zelensky offering to double military wages... the desertion rate must be off the charts hehehehe edit: now they are bringin out convincts just to prove my point hahahhahahah
tomorrow it will be 100 usd
that will be about .
great initiative but have a feeling this would not work on the chechens and how will this information reach the soldiers and them actually believing it? almost sounds too good to be true
...i surrender? lemme know which wallet address to send
the dead do not get to spend money
5mill rubles will cost 1 moon soon
as bitcoin or doge?
i am commander soda popinski -- i surrender now - can i haz cryptoz?
so about 1 shib??
they better do it quick though . that shitcoin is dropping at web speed
get in now before the value of rubles drops even further!!!
everyone is being forced to care for this ukraine. there have been dozens of wars with millions of casualties and yet no one cared. you're being manipulated and you should know it. war propaganda is supremely effective against the unknowing.
meanwhile ukrainian are asking for crypto donations lol
and be imprisoned for desertion if they ever go back to russia
aren't rubles worth like a tic tac
if i say "i surrender blyat!" do i get my crypto????
that’ll be worth about 50 dollars when this is over and they receive the currency.
what is that nowdays, ?
with how badly rubles is drooping, the ruble is going to be the shitcoin of fiat
ah i see. so they get a whole happy meal worth of rubles?
soon enough the ruble will be as valuable as the venezuelan bolivar
wait - that’s ,000 dollars? is that correct? edit: was ,000
russia is a proud nation they are not going to surrender to ukraine
that's where all the crypto donations go.
hi i’m a russian soldier
even if rubles are getting worthless, crypto (at least the good ones) are much more stable for them
soon 5,000,000 ruble will be about 3.50’ll face when they return to russia
better be quick before the ruble hits rock bottom
that's some fake ass news right there;
at the current exchange rate, that’s € 41,200.
was curious to had a look at how much that is in dollars. it’s around 45k. love this idea!
5 million rubles is about , right?
“i’ve surrendered 8 times this week” - (sergei. 25)
hey, 20 bucks is 20 bucks
by the time they get the news, those 5 millions will be worth about **three fiddy**
no way they are going to give +/- . probably just bait if they really said it. is this confirmed news?
so like ? 😏
5m rubles ?! that's worth one shot of cheap vodka. where can i surrender?
a bit much is not it? for each soldier. they will exhaust their funds fast
putin asking his soldiers to hodl.
i smell a scam in here somewhere.
that's like 1 coin so gg on that
it's very interesting to see people have absolutely no issue with crypto directly supporting one side in a fucking war that most of us here know nothing about. the us propaganda machine is working as planned though so good on them... i guess we will be ok with everything as long as our bags will be promoted. disgusting
rubles as of now or as of yesterday?
comrade kerchingko surrendering sir
i play bear in escape from tarkov does that count?
so like .01 bitcoin? i assume the ruble tanking rn
how about crypto and eu citizenship? russia wouldn't have an army left.
i’m starting to regret not looking into this whole “crypto” thing
they do not deserve that.
after the market opens today, 5 million rubles will get you a small fries at mcdonalds
the only problem with rubble that is now almost worthless
jokes on you, rubles would not wortht shit in a few days.
thats a whole two dollars!
nobody tell them what the ruble is worth at the moment.
so that’s worth ,000… sorry, ,900… wait wait… ,000 usd - for now.
what kind of crypto, bitcoin, ether, solana…? :)
by the time this is over that will get them a .99 footlong meatball sandwich at subway (no chips)
5 billion, or about . probably better take it, and hope your pow status in ukraine makes you eligible for the ftx promo.
google tells me that is roughly . not enough for me. give them at least
not gonna be worth much now that the rubble has dropped 40% against the usd. but they don’t need to know that…
so ?... & ... ... like nothing ?
5 million rubles gonna be worth 5.75 by sunset today
so roughly 1 sat soon...
so basically i just need to surrender right?
5m rubel? so like 20 bucks lmfao (30k)
so this is what our crypto donations go to?
welp, some people here think i’m armenian or russian by default. best time now to abuse that. just need to know some proper russian and i’ll be good to go
i'd think the issue would be fear for their families back home. no amount of money is worth that. but it is definitely worth a try. maybe poland can start taking russian refugees too?
no possible way that article is correct, says their going to give ,000 to each soldier, thats like 1.1 bitcoin. it also says they have collected 9.5 million in crypto, so thats only ~211 soldiers they can give this to if only using donated funds. this is all based on something one person said on instagram? not worth believing until theres a better source.
the bullshit people will believe. the reward for surrendering is not dying.
so about three fity
i'm guessing they do not know the rue is worth as much as dog poop right now.
sounds like a good turn-around for the propaganda points, but for the solider 50k is not really the kind of money you would betray your country for. at least if they already weren't planning on moving.
ruble to rug, so no use
plenty of ukrainian civilians would like to get in on this...
like 12 euro aprox. enough to buy a house in russia.
which comes out to about tree fiddy
where do i sign up?
so 1 usd in about a week 😂😂😂
whats that worth? 50 cents?
about 59,000 usd thats a fucking deal lol.
at this rate that is 2 dollars
so what's that, like ?
i think 5m shib should suffice….
at todays value, a ruble is worth less than one penny
do they get to keep their sunflower seeds?
thats not a bad idea. crypto calculations going on in my head
how much for putin to surrender?
and get put in a ukranian prison with your nft dodge coin?
this is ,000 usd as of today.
that's like ,000???? that's a fucking fortune in russia, their minimum wage per year is ,812 unless i'm wrong with my quick googling? am i wrong? over 20 years of minimum wage pay
cool, that is like five bucks now.
how do you do, fellow comrades?
i just read a post saying the ruble is now worth less than 1 us cent
so 1 ada? (i'm an ada hodler myself).
so about 500 robux?
take the money and run.
im russian and i'd like to surrender... wait no i'm just in a hurry. not russian.
they better hurry before the offer is worth pennies
russian soldiers will probably be skeptical. so many people think crypto is a scam anyway. also imagine if you're a russian soldier who knows nothin about crypto... they'd be like what's a wallet? seed phrase? what's usdt? how do i even cash this crypto thing out? then the alleged enemy offers this mysterious currency to you over normal us dollars and instructs you to do all this unfamiliar stuff online to receive it...
supports ukraine, see this article. idea. go to russia, enlist, go to ukraine. inmediate surrender. profit. fight for ukraine.
well with the new swift sanctions, the ruble is worthless, so...
this is a lie.
that will be worth probably... .
better make it 100 million.
while thats a good start
so what? ... 200 dollars
i hope the offer reaches them. don't see them checking social media in the tanks.
in a happy coincidence, that bounty will get easier to pay as each day passes… and it won’t be because less russians are surrendering.
wow that’s super smart! it’s even better that it’s crypto, so they know they can’t take it back.
lol so like a pack of gum and 20?
1. spend 5 grand to fly to europe. 2. spend 5 grand to have someone smuggle you into russia. 3. somehow convince the russian government to let you fight for them despite being a foreign national. 4. immediately surrender 5. profit.
sooo, a whole lotta nothing?
genius. although 5 million ruples is about to be worth less than the toilet paper i just used to wipe my but
what is that? 5 cents?
that’s like 60k wait now it’s 20k or wait now it’s like 30 bucks
is that like a dollar, at this point?
that’s a lot of shib
lol so like ?
i feel like they could have offered quarter this amount and the russians would still jump at the opportunity. 60k usd seems a bit excessive for a single demoralised soldier. they could get 4x the amount of defectors if they just offered less.
desperate times calls for desperate measures.
i’m not russian but may i surrender for the reward?
airdrops requirements in this space getting outta hand
whoa... i never imagined incentivizing soldiers to surrender like that.
one ruble is worth 1 us cent
they need to top that up with the falling rouble im afraid.
a piece of stale bread would be a better deal at this point.
they should offer them eu passports and they’ll all surrender.
so like a dollar fifty u.s.
its actually pretty smart. i read it is somewhat less than ,000 (i know the value will drop but anyhow). if putins entire army surrenders that is 50.000×100.000=,000,000,000. that's not that much money to instantly win a war.
edit: 6 million rubles worth edit : 8 million edit: 12 million edit: 100 million edit: o nvm
hi, it is me, russian soldier here to surrender
if its in rubles thats gonna end up being like .60 cents or something
> 5 million rubles worth of crypto or cash what is that, like 30.00 now?
by now that would be worth a bucket of warm spit.
so what’s the tax implications here? when you file taxes, which government do you file the taxes for? ukraine? russia? both? does it count as foreign income, or foreign investment? isn’t that like the 50% tax bracket? can they get it in yearly batches instead of lump sum? this seems like a huge risk, those kids aren’t going to save 50% unless someone tells them to, and they will have a huge tax burden afterwards.
this is obviously fake news. the numbers don‘t add up.
money really does make the world go round
going awol as a russian doesn’t sound safe.
they better go quick and it’s worth less every day
i'm curious how that would roll out in real life. like... if 10k russian soldiers decide to stick to this offer... would it really be possible? and how it would be paid? there's some kind of registration? this kind of thing takes time to implement, but it would be awesome if this works. edit: typo
so what’s that worth now, ?
i seriously doubt thurs will work. every russian soldier caught gave same excuse, sounded to much the same, each person (maybe 10 russian pows) so they gotta up it to like .s money edit* maybe .
and a new cellphone. putin took those away from the soldiers. please get them cellphones as a prize
except the ruble is worthless so they will get .000001 of 1 bit coin.
hopefully this will help stop the bloodshed
the people of most countries are fighting against one country. epic moment to be alive.
financial freedom or imminent death: gimme some of that freedom
it's a scam, ruble worth nothing, give them putin-inu and rug pull it.
now this is just being mean. russian soldiers better jump on this before the ruble really starts falling.
at the moment that’s like less than 50¢ usd
5 million rubles gonna be worth about .50 soon
they must have been saying things like " shoot i wish they were airdropping me some juno " jk <3
which its now .46 cents.
why does everyone believe every bit of really nice sounding propaganda regarding this conflict? so much has been proven to be bs a few days later, and still people here something that appeals to their own biases and immediately swallows whatever the media is selling hook, line, and sinker.
not very wise - now everyone will want to be russian soldier and to surrendr eventually. which might be a problem with psychotic cos!
so 1 us dollar?
how much is a ruble tho?
so that is what, 47 cents?
what's that like 50 doge?
all the good stuff happens when i’m asleep! seriously though, this i like. well played ukraine.
what’s that worth now, like 5 cents?
which is now about $.50 us
this is fucking brilliant. throw in the chance to move to eu. surrender, apologize, move out of russia.
add this to the "how to earn free crypto" list. might still be easier than earning something from cmc airdrops
this is the way. a 200k soldiers would be . billionaire can afford this. let them park the russian tank somewhere. all crew is paid.
as an american, i declare my surrender.
surrender and then their country loses? not a good idea.
5 million rubles!? they would have been rich a week ago! :d
can i get some lrc instead stupid fiat lol
wait that’s like 5 dollars. soon, soon to be worth a cappuccino.
this post is misleading and pathetic. i will unsubscribe from this rubbish, shame on you
so... ,000 at current exchange rates. not great, not terrible.
get that money boys!! this war is beyond pointless. you know it. we know it. cut it the fuck out.
so basically they get one doge coin
what is that in dollars? three fiddy?
so that’s like what? tree fiddy?
shit... for 'll surrender to ukraine.
5000000 *0 = 0
what’s that, like 10 robux?
with ruble crumbling it is like giving someone a burning candle. it will be good now, not so much in a couple of hours.
they'll run out of money soon enough
about .50 freedom dollar.
man and its getting cheaper every hour. 🥴
. i’m sure it’s attractive in that economy.
better hurry up or that will be about €5
~,000? maybe become ukrainian at the same time?
here's .50 in doge, get lost.
i need more moon… i haven’t been participating, but if i had been, i’d probably at least have a few thousand moons
haha actually that is clever because rubles worth less and less everyday.
fine because the russians are probably unaware that rubles are now worthless
this is brilliant too because the incentive gets worse as time passes. btc to rub is going down by the day!
wait until putin sends human waves of "soldiers" armed with clubs to drain the budget
honestly if i was in the russian army and could take this option without endangering loved ones…i would do that in a second.
worth more than rubles. take the deal.
why is this marked as controversial? are their proponents within this sub that are pro russian military invasion and annexation?
and then what is putin going to do to them afterward?
bullish on white flag
which is now worth about tree fiddy
what's the point? in a few days that'll be like us
at the current value of the ruble or the old value? because 5mil x 0.01usd is not much lol
"5 million rubles worth of crypto" i see what you did there ukraine
1 ruble is 1 penny usd
it’s kind of hard to take this offer not knowing the impact of acceptance on your family back home. it terms of thinking only of yourself getting 50k and possibly a new start in a democratic republic is genius.
bro i'll fly to ukraine and buy a russian uniform off some soldier stuck in the mud for a few bottles of vodka and a carton of lucky strikes. _yes i am ivan ivanovich definitely not americanski pig give btc pls_
that should buy a napkin next time they visit moscow. nice
as someone who has witnessed plenty of shitcoins become worthless, i'd advise russian soldiers to grab their 5mil rubles worth of crypto now before 1 ruble < 1 shib...
wtf?? thats worse than treason dude if any soilder accepted that they would immediately get suicided later.
today ruble is under a cent, so less than ? with 10000 btc we could start collapsing the whole invasion force. if my math is right, that would cover 80k troops. imagine the headlines. drop in the bucket for a big whale
according to a recent google, this is worth ,000 usd
putin would kill their families.
point me at the wallets and i will chip in
us, swiss, brits should just parcel out the money from seized russian oligarch’s assets!
that's a hard choice between which has more dubious value: the ruble or this week's latest cryptocoin.
so that’s roughly 36 thousand pound? not bad.
this is crazy, like why wouldn't we spend money on killing people when we can! why would anyone think to just give people the money instead of killing them?
plot twist, to qualify you also have to fight for ukraine for 6 months
enough for the transaction fee
right around 50k if anyone was wondering. don't know if its with the current pricing of the ruble as it is fucking tanking lol
almost 50 grand today in usd
what’s that like .00??
45k or so and amnesty
how much is 5 million rubles gonna be worth in a week lmao
brb going to ukraine dressed as a ruskie
which is worth how much? isn’t the ruble crashing?
that’s a pretty interesting idea.
ya, but russian rubel is worth nothing now. nice try
hi, it is me a russian soldier and i totally surrender. please send monies.
is that about eleven us dollars ?
putin *stares intently at your btc*
a whole ! that’s crazy! (i know that’s not an accurate conversion)
thats just shy of 50k usd a person.
so they get 5m runnels which is now around 25ct? not much incentive 🤣
they deserve nothing. filth. 🇺🇦🇺🇦🇺🇦🇺🇦
this is a one of the dumbest ideas i’ve ever seen
that's like 40 cents right now lol
this is awesome! keep hitting russia where it hurts: their wallet
thats about tree fiddy
nocoiners continue sending thoughts and prayers while continuing to look down on us as bad guys.
the earlier they do more crypto they get !
i want to believe that but that is around 10 b dollars for 200k russia soldiers ! ah yes, 10 b is nothing for a gov.
i will also shoot any ex soldiers a free sack of weed
that's right now i am going to russia to become a soldier.
the crypto is probably gonna be worth more than the rubles by next week, lol
so like ? not bad.
5 million rubles? that's currently around 1 single bitcoin. wait a few more days. then it will be 1,000,000,000 of a bitcoin.
sounds like 40 bucks
so ... 's week's currency? and all i have to do is chose not to murder innocent men, women, and children for a egomaniacal dictator hellbent on world domination? seems like an obvious choice.
why are we using crypto to help countries and big banks
that’s like 8 dollars
that is about 45 apple charges nowadays in russia
it’s either that or a secret decoder ring from lucky charms.
by the end of the week that might total 3.50
lol the ukrainians are so smart.
great idea, reward early defectors as the ruble continues to fall!
is this what the money i sent ukraine is going to? lmao
what is that like 12 dollars?
rubble worth nothing now
how are they communicating this and other info to russian troops...
hey i'm a russian soldier i surrender. give me crypto m
yay for crypto and i’ll glad the money is being used this way. hopefully it works
the faster they surrender the more they get
it's pretty difficult to make a soldier betray their nation.
can i just move to another contry and get crypto?
i do not understand, is ukraine trying to bribe soldiers in this way? is it for these purposes that people from all over the world transfer bitcoin, ethereum and tether to ukraine? i was sure that the money would be used for the benefit of peaceful citizens of ukraine.
remember to save photos and footage of all russian operatives for record and retribution.
oh boy time to enlist!
just to clarify, this is for surrendering together with a vehicle and related equipment. a genius move imho.
where do i sign up!
5,000,000 rubles is worth what now? about ?
that's good money lol
"so this is how liberty thrives. with thunderous coinage and gains." -- padme amidala, probably
it's so fucked up to see that they are paying soldiers to surrender.
which will probably be worth about a fiver by the time the ruble finishes tumbling. 🤣
what is 5m rubles right now? .50 usd?
so, like 2 euro?
at this rate it’s gonna be like 8 bucks.
that'll be like 8 bucks by the end of this
sweet so like a hamburger and fries. and now just a hamburger. and now just fries. ok now just a fry.
i want to join the russian army so i can surrender to ukraine
so, 12 cents then...
5 million rubles - enough to buy one hamburger.
well shit,thats like 5 dolars
goof offers and keeps getting better if they take crypto and there own currency drops, they can buy lots of there own currency before it bounces back.
that would be a better option if the equivalent wasnt measured in a shitcoin known as rubles.
russia is the most fucked up place in the world, anything can happen there.
what’s that like ?
throw in an extended car warranty and the wars over.
before tax. after tax much less.
the us and the eu should offer immediate citizenship to any russian soldier that defects.
ha! brilliant, pay em off!
that's about tree fiddy
is that pre-war rubles or post-war rubles?
man they are really offering way too much but i like that lol.
big lolz to propaganda
i will be surprised if those soldiers accepts that offer man.
a whole new meaning to the phrase "sweet surrender". hi- so russians- i would like to fight for your proud and wonderful country. where do i enlist and where can i find your largest, whitest bed sheets?
! i cannot wait until they get their . there is a lot of good they can do with the . i hope that .
just offer them a meal.
that’s more than they make. start spamming this shit on russian social media
at it is current state that is enough to buy on milk
better surrender early given the reward is linked to the ruble.
russian prisoner of war: hey um i just heard you guys are paying out to per russian surrender um does it count with me?
so a big mac? or that it like a mcchicken now?
the ruble is worth less than 1 fortnite v-buck at this point
that is a ton of scrooples!
the trick putin does not want you to know
hi. i am a russian soldier and i would like to surrender...
so when is soldierdoa starting up?
sign up to be a soldier in russia and immediately surrender.
46k usd and some change. not bad. i would trade bitcoin get 2… stay in ukraine and hodl until next ath… get a job and settle and then sell 1 at next ath and buy two apartments… one passive income and one for residents… life changed forever from living with 150-800 .
this sounds a bit over but i do not mind this strategy lol.
this is a revolutionary war in so many ways... putin is a dinosaur thug...
nice to see that they are still not giving up, i really like that.
oh well what do you know...did not even realize i was a russian soldier till now. had amnesia from battle and somehow ended up in the us married to some strange woman. my real name is boris valinsky i believe.
they better act fast because that ruble is going to be worth 5 usd in a few days.
breaking news! ukraine becomes bankrupt as 7 billions russian soldiers surrender.
this sounds like a strategy to me for real, they can get some soldiers.
this is a lot more realistic given the us is willing to throw almost 8b in aid to ukraine. enough for 200k soldiers (please someone check my math)
they can surrender but it is not possible if they take the money.
looks like i should go to russia and serve their army now.
this headline is more believable than coinbase telling me i’m going to get my crypto back that they let someone steal from me i’ll believe anything over what coinbase told me.
putin would be having their families punished for this unfortunately
5 freaking million rubles sounds pretty huge but it is not.
do they really think that soldiers are that kind of people?
i love how every few hours the usd value of the 5 mil rubles goes down by like 5-10k
today's pump makes this reward more enticing.
but do you know the value of rubles now? they are drowing.
considering when they surrender and they probably get their equipment or even a tank...evens out :)
hands down to their mind lmao this is something new.
breaking news: the cartel have entered the bidding war 6 million rubles for each merc. extra million if they bring their own russian tank.
they are behaving pretty pro even in this crucial time.
sure, they get a fair bit of money, but because they surrendered, they can never return to russia cause they might get killed for thisloyalty.
i hope russian soldiers will surrender to ukraine to end this war.
go and check the value of rubels now lol, they are dying.
they got a new plan now huh? i like this one pretty much.
they need more ideas like this to win this freaking war.
how to become an army officer of russia? tell me please lol
their currency will be resting in peace in couple of days.
you are drugged if you think russians would fall on this scam i mean westerners are hypocrites. its ok to bomb the fuck out iraq under wmd right?
better surrender soon or else you will just be selling lower and lower in terms of ruble price
combination of both, gotta diversify that war portfolio mix some in javelins and some in crypto
nice way to make people recruit into russian army and then just surrender to ukraine.
hmm what if some rich russians also supported this
now putin has been forced to open his wallet and pay his troops to stop them from defecting. can we up the ante? how much money can we bleed from putin's wallet like this?
i love it. buying your enemy in war with dogcoins, what a time to be alive
much higher than what putin is going to pay them in a month!
mr beast coming in like. we bought the russian army...
can you withdraw digital currency to real currency if not then they won’t fall for it never have invested crypto was warned it’s scam pyramid scheme only few individuals gets profit while majority lose
ruble is worth less than 1 cent.
can i surrender twice?
so can we get a "surrender coin" up and running?
i wonder if they really got it
this is good for bitcoin
hahaha the fake news is so deep on this conflict. even russian soldiers know if putin allowed nato and the eu to grow the ukrainian nazi battalions and bio weapon sciences amongst other things, russia will eventually be destroyed. surrendering is not an option. i'm canadian and i even know that.
next message will be a reward list 50 mil rubble for blowing up your apc 200 for blowing up your tank and surrendering 500 mil for helicopter or plane defectors etc and so on still way cheaper than rockets against them and would be an ultimate win for global free market
but what happens when that crypto drops and they then receive nothing for their brevity
so they basically give them assets worth 5 1?
no better time to be a russian
jfc fuck off you and all your crypto scam bs.
"5 million rubles worth of crypto" so i guess about 5 dogecoins?
this is all propaganda bullshit like the ghost of kieve decimating 3000 russian planes, snake island martyrs, the grandpa picking up landmines with his bare hands, the gutsy adventures of the almighty miss ukraine ... etc 5 million ruble for each deserter, lol. ok, so what happens if someone takes the money then goes back to join the russian army? how are they going to enforce this? this is so dumb
5000 rubles is worth less than 5000 moons
what's that worth now, 50p?
what if this was russia's plan all along? now 100 million russians surrender, ukraine bankrupts because they just do not have that money, then russia occupies easily + 50k
oh just bribing now are we? nothing new
lol thats very stupid really
that's not bad. that's like 1.3 bitcoin.
good thing the ruble is basically worthless now lol
that’s like , right?
so like ? lmao the rubble is worth less than toilet paper, at least you can wipe your ass comfortably with that
surrender and will hand you this fake money or an investment in this fake money system i'm not sure either way it seems bold
that’s 370,000 doge for those unfamiliar with the ruble.
so in todays money about 500 bucks.
so what is that ?
. average wage is around ,000 a year. possibly less with russian rubble falling hard.
>'re trying to get to defect... a single javelin anti-tank missile costs ,000. for the same price you can pay for 4 defections with an amazing pr upside as well.
. let's say the russian army numbers what it does when you do a google search - 900,000, the total cost to pay the entire army to defect would be around ,500,000,000, and you of course wouldn't need to get to 100% defection to win a war, even 10% would be catastrophic for russia. so what's .05bn vs the cost of a military conflict that could last a decade? pretty insignificant. this is all not even mentioning the human cost, the sheer toll on human lives.
obviously i’m simplifying but ukraine gdp is €155 billion euros. their economy is essentially shut down due to this war costing €500 million a day. even if it stops the war early by a few days they’re saving billions of euros. it’s worth it to take on some short term debt to finance such an endeavour. they could chuck a few billion at this and be ‘in the money’.
last i checked they had .
with that offer is imagine a few people would like to join up just to surrender lol. even from western countries
i'm guessing they are weighing their options and looks like they think it is a lot better to be in debt than it is to have a country in ruin and countless people dead. from an economics standpoint, each death contributes towards a lower gdp and reduced taxes collected, so it makes sense to put money forth to protect those lives. from a humanitarian view, it is a no brainer. a currency who's value is completely derived from faith should easily be spent to save lives.
the more interesting question seems to be where will they live? something tells me they would not be very liked back home...
that seems ridiculously high. i would think many russians would surrender for a fraction of that, even for 10k in exchange for safety.
pretty sure the rest of the world would be happy to pitch in as it would be way cheaper to pay off half of russia's military to surrender than it would be to let this conflict drag on. 20.25 billion is a drop in the bucket compared to the economic damage this is going to cause.
this is actually a lot more than what basic infantry get in the us military.
45k is a lot for a russian
they are actually smarter that that. offering the russian soldiers to give up and hand over inordinately expensive military transport for the incredibly low cost of about £34k, they will be laughing all the way to the bank. how much do you think a tank go for, lol? and this might just prove to be appealing enough for the demoralised russian soldier. why fight, when you can lay down your arms (and tanks), and walk away unscathed, with pockets full of money?
> 're trying to get to defect... well, considering the alternative costs of modern armament, reducing risk to your own soldiers, not to mention potentially saving lives, it seem like a bargain to me. the rubles might decrepit it value over time as well, so the bounty will be smaller. granted, some soldiers might go for this money even if they intended to defect anyway. but it might push a lot of people over the edge.
is that % of its value today?
think of it as the first 200 get it, but many more may surrender
it's probably a lot less than rebuilding all the destroyed infrastructure from tanks and missiles
>5 million rubles (us,000) are the exchanges going nuts? i just googled it 6 hours later and 5 million rubles now equals ,862.78 usd
the problem is how are russians supposed to learn about this opportunity? solders have no access to the media.
10.000 soldiers mean 450 mio usd or 4.5 bn for 100.000 soldiers, which would be almost the entirety of the russian force. that’s literally nothing in comparison to what the west has to otherwise invest into weapons and war efforts. germany alone will commit 100 bn euros for the military.
i assume they will be buying it with the billions they have gotten from other countries, not relying just on the donated crypto.
>so that is about 200 soldiers able to be paid out by donations alone. how much money are they actually willing to throw at this because 're trying to get to defect... i think you've missed the point... when this news goes round and every russian wants to hand in their gun, it is gonna take a whole to realise they are not seeing that money. meanwhile ukraine mops up a bunch of conscripts whp were lied to and forced into war against their will who are just looking for an excuse to run anyway. short term, makes for a very easy night and very strong negotiating position tomorrow.
as much money as necessary. when the other option is the annexation of your country.
wait another 2 weeks, and that’ll be ,500.
well the biden wants to send them .9 billion for humanitarian uses, another .5 for a pentagon response, which could be more weapons, idk. we do need to be careful about how many weapons we flood into eastern europe. make sure they have enough, but when this is all over i doubt many of those weapons will end up back in an armory.
i think they should have low balled them first
rug pull of the century to revoke the reward after the post-war trials.
the longer russians take to accept offer the less they will get. ruble is bordering on shit coin prices and will keep going down.
i bet it costs more then that to kill a soldier with expensive arms per average. those bombs can cost 100's of thousands.
and how much is that compared to their pay? thats like 10 years worth id think lol
how much do those nlaws or whatever go for, or the missles? is the missle cost of something worth lets say killing 3-10 soldiers for? looking at it like that you might even reduce costs
>'re trying to get to defect... you know how expensive is throwing a rocket, or risking heavy military equipment in order to kill a couple of russian soldiers? 45k is not so much in the greater scheme of things.
they are shooting waaay more expensive weapons at them so 45k is a bargain.
that's probably a lot less than the cost of the missiles to kill them.
i think you can defect 400 tomorrow or about a 1000 soldiers next week with 5 million rubles and 9.5 million usd if you can wait.
to be fair, any military in the world probably spends more on equipment, ammunition, and missiles just trying to kill a single soldier. one missile usually costs more than that, so imagine if you miss. and that is just barely counting the cost of killing them. if those soldiers were to actually cause any damage, the bill gets pretty big, very fast. one troop can cause hundreds of millions in damage, and if you have to pay even more to kill them, 45k per person to have them surrender starts to seem very reasonable.
over 5300 russia soldiers have died, so they have that to think about.
not a lot when you consider they will bring there gear with them most likely. and that gear and possibly armored vehicles is worth a lot more than 45k
each javelin missile costs ... i think they are actually saving money by offering this to defectors.
can i surrender for the crypto too?? i’m no where near though. but…
do you have any idea how much it costs an army to kill one soldier? .s. to kill one enemy is probably cheap by pentagon standards. hah, i decided to do my own research via google. the u.s cost of operation iraqi freedom (2003 iraq war) was 1.922 trillion dollars. total maximum estimate of opposition fighters killed was 39,881. that works out to, deep breath, ,641,734.15.
not if they hodl
maybe they should instead thistribute this to families of dead ukrainian soldiers. russia would gladly send human waves for surrender to exaust their budget.
you had my curiosity, now you have my attention
i am going to be the first oligarch in my village
lmao meme coin worth morethan russian money now hahaha
18 dogecoin or get rekt in a war you don’t want to be in. i think the choice is easily made here.
if you’re gonna do it, do it. currently it’s 363,637 doge and growing.
more like 375k dogecoin.
lmao even faucets pay higher than that
**5 million rubles = .300 = enough to buy 1 btc now!**
if russia gets sanctioned as hard as western countries are promising to, this is a damn fortune lol
dogecoin you say 🤔
nope it is over 1 btc
with the inflation it is now 9 dogecoin...oops 8 dogecoin...they better hurry
was gonna say 10^-20 bitcoin
you made me chuckle, you rascal
is it actually 18 doge?
it’s says it’s like 50k usd
u mean one day it will be worth 18 dogecoin? cause right now that is like... a lot more than 18
this was my idea like the russian equipment is similar to ukraines and they can integrate easily. the amesty idea is particularly genius like if you bring your equipment and fight for us we will give you a visa and you would not have to go home. you're home will be here now.
especially with the world crowd funding it since world govts are dragging their feet with support outside of monetary support.
lets cosplay together as tank crew. btc and a tank double pay.
bullish on surrendering russian soldiers
so that is like a million moons. or 70k usd. about 3x years elite combat wages or 206 years wages for a conscript.(before the rouble tanked 50% over the last few days) so prob 12x anything anyone on that combat field will earn in the next year.
lol, great idea! this cracked me up.
i dunno... cosplaying as an invading forces troops during wartime might not be the wisest decision lol
comrade kovenchenko checking in 🫡
i'm coming. you grab the costumes 🥷
step comrade, what are you doing?
you should know russian too.
**time to cosplay as an ukraine soldier and get their wallets!**
do i have to stop cosplaying as an investor?
careful out there brudduh
with the inflation rates of the russian ruble this is soon going to be worth 100$
5 million rubles is about 0.25 rvn right now i expect
russian army will now see a huge uptick in army drafting. then they will see a huge uptick in surrenders a few days later.
i need russian clothes and white flag
respect the airdrop grind!
lmao. "dont rush b please, i want my rubbels"
sounds good idea, count me in, ser! but i might need something that can make me as tall as russian soldier
man i cannot believe what some people will do for 5000 dollars, i mean seriously? you're gonna go all the way to ukraine for 500 dollars? it's a war zone, youbwont even be able to find a taxi with your 50 dollars. even just buying the costume is going to leave you in the red once they give you your 5 dollars.
you’d get shot mate. especially now that they are shelling an innocent city. we are about to start seeing the ukrainian people go extra crazy
pretending to be part of a military that you are not a part of is a violation of the geneva convention (if you're actually in a different military) and the army you're posing as can legally execute you.
there are bad ideas. there are worse ideas. then there is this idea...
a lot of them have been forced to fight aswell. bribe them with money and a visa and half the army will defect lmao
tbf i think this is actually what most wars are like. we just do not have that perception because hollywood, which leads us to think war is all full of experienced soldiers and older men, when in reality, it is always been like this.
half of them did not even know what they were doing, so yeah i doubt they are thrilled finding out they are fighting a war after they arrived there
or otherwise ask putin to send bitcoin and we will send double bitcoin back pro gamer move
throw in a ukrainian passport and a ticket to warsaw and you might get a lot more takers. pay off some uninvolved third world countries to let you issue some of their passports and it is even more attractive. until putin is out, defector will be a dangerous title to have. best to thisappear to somewhere he is not already trying to roll through.
this whole thing is just depressing,. nobody but puthole wants this
lot of them don’t want to even be in this war. it’s heavily portrayed when you see most of them interact with ukraine civilians.
i'm scared putin sent his b team to burn them out and drain their ammo. the dude is a psychopath. he'd have no problems sacrificing his weakest. dimwits in shitty tanks with a gallon of fuel can be a cheap way to get rid of their anti-tank ammo. i hope i'm wrong. seriously, how the hell are they running out of fuel? they make that shit.
people will choose money and their life over fighting for an old man that does not give a shit about them 👌
bunch of kids in their 20s who are out of shape and looking to retire? sounds a lot like this place.
agreed, missiles and guns cost money, but spending it on people saves lives and has a guaranteed hit rate.
they were conscripts. police and others i think. they weren’t like special ops or anything.
this would work ... if you removed the threat of putin. this is not a risk-free proposition, and they know it. is 45k worth having to look over your shoulder your entire life? they're not defecting from care bears here, they are defecting from monsters ... actual licensed monsters...
2nd source...i was doubting it too, but looks legit
i know that they get 5m rubles for a tank. and noone said anything about crypto
you are right it seems like it is some kind of copy pasted stuff.
it pretty much would take at least 10 years to earn that much as career soldiers. so yeah, i can see soldiers accepting this offer.
its almost surely not true, but it probably makes for some good psyops propaganda, get it to spread just enough that even if the russians do not *really* believe it, just an extra little push towards surrendering
pretty soon its not going to be 50,000 usd, but . funny how they pegged the reward to the value of ruble.
pretty sure the pay is abysmal in the russian army too
surrendering has never been more lucrative
take that money and move to portugal and retire
yeah they will actually choose death over this kind of stuff.
solider: “is this a trick question?”
! i'd be all over that.
it depends on how loyal you are to your own country or how brainwashed you are to follow a crazy leader
war is very expensive. that's a great deal for both parties involved.
pretty sure putin would not look kindly on defectors though. could also be take the money *and* die unless that money also helps them get the hell.out of russia.
that's a lot of money. if enough people do it, could probably take that ,000 and get a nice apartment in ukraine until everything cools down. i hope every russian soldier takes this ,000 deal.
and if they keep the crypto, it will probably worth more afterwards. because of the invasion, most crypto currencies dropped in value quite a bit. it's already slowly recovering, but probably would not return to previous levels until after this is over.
oh so we’re admitting crypto is stupid and pointless and needs to be converted into real money? awesome lol
pay them in monero. no way to know then if they took the payment or were just captured
they kinda did not full citizenship but it mentions amnesty.
but how would they be treated in ukraine after getting a citizenship? they cannot go back, no place to live, etc.
sadly, my cex of choice doesn’t list meme currencies
error 404: *no exchanges with rub sh\*tcoin pair found!*
it's about . and declining.
that’s what makes me doubt this story, if 10,000 soldiers surrender, the ukrainian government is down over half a billion.
so about 1.60 btc.
update: update: (not real btw)
i want to who is going to accept this offer only a coward can do that lol.
article has been edited. its now worth ,000 the ruple is dropping so fast
>what gets me is how young and scared they all look. this is true for all wars, young people sent to die for old men's quarrels
i love on the boarder of russia and if they invade i'll be one of those young scared boys. i empathize with their soldiers, this is terrible for absolutely everyone.
ah yes; my favorite method of outsmarting a vicious dictatorship. “just stop following a tyrant and choose a more peaceful path.” brilliant. not sure why they hadn’t thought of that.
at that age i knew nothing... and i was rich in comparison. keep them poor and uneducated, and they will be desperate and willing to follow orders to have basic needs met. these kids do not have many other options, it is truly sad.
some of them looked absolutely clueless. apparently there were some "tankers" who ran out of fuel, so they went to the police station to ask for fuel. seriously what is the world coming to?
putin's coward should go to the war front instead of sending innocent people!!
supposedly, some soldiers were under the impression that they were going to be participating in training exercises and did not learn the truth until they were on the frontlines and told to get to it. the lack of communication and coordination among russian forces thus far is downright bizarre.
“a poor man fights and dies for what a rich man only believes.” - chad stokes
people are very scared that no one is going to help them.
the mother of all airdrops
i do not really think that surrendering will solve the problem.
the sooner they take the deal and trade for bitcoin, the better off they’ll be when this is over.
big brain move honestly because of that. certainly that’s why they based it on the russian ruble
if i were russian with an abysmal avr pay, i wouldn’t believe it for a second
get paid (for no good reason). i think the choice should be an easy one for them!
they have to take the money and lay down their weapons. this is the best option for everyone
they can offer some money to putin too, they can manage.
modern problems require modern solutions.
i do not mind this type of war if people are not getting killed.
that's exactly i was talking about dead economy is already going down and they are facing huge problems.
this is a fucking better idea, they should look into this now lol.
people be joining the army for a day just to leave.
ukraine is using too much brain these days, i like it.
that’s less than 10 mil to thisarm the russian invasion force.
they have received considerable donations.
that is probably less money then the russians have spent on the vehicles the ukrainians have so far destroyed. war is expensive and most of it goes towards modern equipment.
how many hundred million dollars are we sending them, and how much is not a ruble worth?
lol i have to check... it is 60k and this is not a pretty bad deal imo as long as the crypto aint a shitcoin
imagine surrendering before this was announced
i'd like to see some at least go to the families of the dead soldiers too.
the catch is your now on the front lines to fight the side you just royally pissed off
what makes it a waste? ask yourself how much damage a single soldier can do. give it a dollar value. it's a lot. you can cause a lot of property damage with a single infantryman's equipment, or kill a lot of people. every civilian dead is expensive. every soldier dead, expensive. for 45k, you can avoid one soldier's worth of damage. that's a good deal. it's actually better than that, too. every soldier that defects is a potential source of intel. every soldier that defects is a potential hit to enemy morale, and can be a bigger one if you capitalize on it properly. it also impacts your enemy's ability to use their forces. now, when they give a unit a job, they have to think about whether they are going to actually accomplish the job or whether they are going to defect. if they managed to pay every russian soldier invading to defect (which would never happen), it would cost less than being at war costs.
omg how dare them use our donations to try and prevent more death amirite????
it almost seems like a game to them doing this. how many soldiers do they think would defect? for everyone you have ever known or loved knows you betrayed your country. for what 60k? i bet they would have to enlist into the ukrainian army to fight on the front lines
they'll take that huge !
didn't the article say fiat or crypto?
your an antivaxxer so clearly your iq cannot get much more than room temp.
ukraine is not an eu member. so it can’t confer eu citizenship.
wait now it’s like 75 cents
i think the point is to sow seeds of doubt. just having someone waver and consider taking the money is enough to cause widespread demoralization.
if doge was worth ’d just cash out and buy russia
this has been repeated and reposted across many threads. stfu already.
long lost brother boris i’m sergey valinsky! we must have gotten separated when we arrived in the united states! so how do we collect our share?
they wish! it's more like a bob.
the whole country surrenders?
it’s actually , even after the recent crash 1 ruble is about a penny, and it’s in crypto which won’t have its value tied to the ruble as it crashes further.
the ukrainian gov probably saves more money having these soldier surrender too.
big brain move right there
>rubble i see what you did there
average is closer to 12k
sounds like a retirement plan.
you get what's effectively 45k right now, that sets you up to be comfortable and even if putin personally comes to your house with a butter knife to chop off your balls, you have the money to move out of europe with your balls intact. it takes more balls to oppose your tyrannical government than it does to side with it.
damn, so 45k worth of bitcoin or ehtereum and stake it. might actually be well off by the end of the war?
several years??? you crazy? that’s like 10-20 years! just for the volunteers! i just saw conscripts get like -100 a month
>possibly less with russian rubble falling hard. this is kind of like a "micro"-hyper-bitcoinization moment; one highly illiquid currency (the ruble) falling, while another relatively liquid currency stays the same or at least more stable. also, that rick and morty scene with the bug government
lol. that rubble. russia is fukt. hard to close pandora’s box now without lasting repercussions.
why is your name gold
how long before russian civilians are dressing up in camo and strolling across the border? "hello! i surrender! here is my public key..."
wait wait wait. ,000? a year? whats housing prices out there? food prices?
more reason to surrender now than later.
should give them a little more if they surrender with a piece of heavy equipment. really speed up how many tanks and apcs that they are losing.
about . basically, any g7 country could pay it and not bat an eye. if i was the leader of canada (someday...), ya, send me the bill. we have the third largest ukrainian population, behind ukraine and russia.
exactly that crypto is still worth .10 cents. combine that with the fact that most of the young conscripts sent in first thought they were in a training exercise. they were lied to. i bet they get takers! and yeh they save the money if fighting them & use it for that. seems like a good plan to me.
given that the ruble is falling by the day, i'm sure that soon those 45 grands will looks even more attractive
lmao where'd you get 8000, it is barely 3000
jfc 8 grand a year? that's insane
well when you put it like that, now it seems cheap. didn't realise javelins are that expensive, cost of war keeps going up i guess...
tank crew consist of few people (and i think not many will survive been hit by nlaw or javelin) so it looks alright. and think when some stinger or piorun takes jet from sky, it is even better exchange ratio!
are you serious? 175k for one shot? that's like a brand new lambo per shot
a single javelin anti-tank missile costs around 78k, the launcher itself around 120k
a single javelin can take out a tank with 4 soldiers. that works out to ,700 per soldier. they’re offering soldiers a premium to not die.
the difference here is that they are not paying for those javelins, nato is!
cost of war keeps getting higher, i stay at the same wage...
wow imagine the shit you’d get from command from missing the shot
cant shoot an invading army with defectors though ;-)
that said now everybody is gonna invade their neighbor to get free monnies
one tank costs ,000,000. pay . it's just good business.
tbf the javelin is getting some amazing pr too. not everyone in the world can be bribed with simply cash.
according to wikipedia the missile is -112k depending on when it was bought while the system is about . still lots but different
1 billionaire can end the whole war
plus the entire invasion force is only 200k, so significantly less to bring the invasion to a stand still. they should up the price for officers, generals
> so what's .05bn vs the cost of a military conflict that could last a decade? pretty insignificant. for context ... afghanistan cost 1**trillion** thats a "t" not a "b"; and spanned 2 decades. let's pretend it goes on for 1 decade... half the above number and you have 500 bn. so, 4.05bn is still "cheap".
the us defense budget could afford to pay every single russian soldier % of the 2022 budget. and as you said it would only take a fraction of that to decimate their invasion force.
i’ve seen estimates that it’s costing about -2b a day to keep the russian task force in the field. we’re on day 5 now so not such a bad idea.
last estimate i heard was the war is costing russia , so yeah, very cheap.
that’s 40.5 billion. however, when it’s costing a few billion a day (not to mention lives, economic destruction, and infrastructure damage) to fight the war, it’s still a no brainer.
it'd be interesting to see estimates on how much it would cost for each nation's soldier to defect.
if i were ukraine, once this war is over, i would send russia the bill and have them pay it back just like germany did.
i think a majority of russians are against what’s going on. at least that’s what reddit says, so take it with a grain of salt
if they’re on tinder, they have access to the media
now just imagine if doge gets to .
give this man a trophy xd
even each moon is worth more
it has been since it booked months ago
hahahaha, yea, it is a juicy decision to make, but after getting paid, they should not think of going back to russia anymore because they will be annihilated, do not you think it will be better if the payment will be done using fufu, so that they can easily stake it for a 400% apy
i'm not sure you want to make them fight just let them become citizens. it's important to have as many soldiers as possible but asking them to fight against their own people is tough.
what’s truly genius about this is that the value of the ruble continues to decline, meaning this is a time sensitive offer that is encouraged to be accepted as soon as possible
i'll be the one who'll ask for fuel.
forget when lambo. when tank?
well unfortunately ukraine has been kabooming russian tanks with drones so idk if we can make it out alive there
just be tankful for the payout. ' *ba dum tiss*
i can lend you a tank for a small fee
get paid and walk away is a good deal. there are no respawns in real life.
is it acceptable if i can surrender via zoom?
after seeing all the abandoned gear footage i was wondering how many of them just dipped for a new life in modern europe when they realized what was going on.
seeing how they are ransacking supermarkets, you can just bribe them with food
and some of them were told they are only going on a training drill and not live combat. very strange tactics and we're seeing the results of what happens when you're not prepared.
reading war & peace during my college years was quite eye-opening. tolstoy does a good job of pointing out the differences between how war actually works and how it is romanticized, even by the people fighting it. not much has changed.
i believe you're right and it is heartbreaking
it's crazy that the ego of one psychopath can alter the fate of so many regular people
we’ll probably send something else instead of double bitcoin
i am no legal expert, but that sounds like a war crime
yeah you never know maybe he is cooking the food himself for that matter.
start a gofundme and let the world fund the hit to send a real message.
the russians suck at logistics. they can’t manage to run a postal service. what made you think they could run a war?
it is legit. so . possibly less as ruble drops every hour now like a shitcoin.
look again, same author - pradipta mukherjee, yahoo just copy pasted the article
oh great yahoo. an amazing source
yahoo finance is not a source.
i do not think that it is legit source though it can be.
russian troops must hurry as soon as possible before their money becomes worthless. surrender and trade crypto with your money
bold of you to assume you get paid in russian army, you get only vodka
according to the russian ministry of defense the pay for a soldier can go as high as “retaining possession of some of your teeth”.
rub dropping like a rugpulled shitcoin
makes sense, the earlier a soldier surrender the better reward he can get while the buble just keeps dropping.
**rubles are crashing af like a sh\*tcoin rugpull!**
since the pay is in crypto it’s not backed by a currency, so i assume its value would remain the same despite the price drop of the ruble. they just said the initial value in rubles because it was relatable to russians. but the value would still be , assuming the crypto currency itself doesn’t start to de-value.
i know right no one is going to do that be on any side.
retire on 52k? you would need much more except if you're already 100 y
f in the chat for russians
was a smart move to denote it in rubles... this whole offer will get cheaper and cheaper over time
the big short lmao
they'll just continue crowd sourcing it. a new economic system.
not even talking about life saving, half a billion for 10,000 surrenders is still cheap if you consider how much it would cost to capture or kill 10k soldiers. add to this all the cost these 10k soldiers will not do in damage and you have your half billion and probably few billions more.
i think this still cost effective if you take to account lives & costs of equipment to spare
that's not a lot to a country of 44 million.
if country is getting protected by that much amount it is nothing.
it does sound like a lot indeed. or perhaps it has the be that high enough of a value for the soldiers to even consider it? not sure how much they get paid currently to fight,
what? half a billion is nothing. the ukranian gdp is 155 billion ...
> if 10,000 soldiers surrender, the ukrainian government is down over half a billion. at the rate rubles are dropping in value that total estimate will be considerably less
they can afford it. the us alone is sending 600 billion in aid.
that's a lot cheaper than a war?
there's so many crypto billionaires that are happy to keep sending crypto for this cause.
after trials. i’m sure not all will receive that amount, there are probably a lot more conditions. also they can keep raising funds. i would gladly donate some more to this.
nah its like yield farm apy, it will drop as more people surrender
which is far cheaper than the alternative.
if they sell all the captured tanks and stuff they might end up in a huge profit. a single tank costs a few million dollars and they pay like .
if 10,000 russian soldiers defected, the russian military is screwed. the damage to morale would be devastating. also, the amount of damage happening in ukraine is surely in the many billions of dollars already. ending a war with a few billion dollars paid at the benefit of not having your roads, bridges, and infrastructure destroyed, plus the reduced loss of life would be miraculous. not that getting thousands to surrender with a crypto offer will actually end the war, but every little bit makes a difference.
that's so much less expensive than the cost of the javelins required to kill 10000 soldiers and the associated tanks. like an order of magnitude cheaper... also, you save lives, and equipment, and it is good for morale, and bad for russian morale, and their tank becomes a ukrainian tank. wins all around.
just wondering, how much is it in moons?
they have to think about how much more valuable their lives are than wanting to die for the purposes of a crazy dictator on the battlefield.
let’s hope it doesn’t come to that - stay safe!
tbh, the vicious dictatorship usually has the army fully on its side. no dictatorship survives once the army turns on them.
they are probably looking to surrender in a manner that would not get their families dropped from a balcony in russia.
"hello, officer, my tank broke down. could i use your phone?"
there is a lot of confusion going on there so i am not sure about it.
i’ve heard that too, poor guys thought they were doing war games.
hehe what's the safe word
right? seems way too good to be true. would probably be more effective if it was a smaller amount.
it would be much easier for them to die for their country rather.
wow, . would be life changing for these guys.
it’s less than 50 now. ruble is sitting above 100 now in currency markets. it was at 117
1 hour later and its like 45k usd
🥺 come gather round people wherever you roam and admit that the water around you has grown and accept it that soon you'll be drenched to the bone.
i don’t know that they would require them to go back to fighting after defection😂
>for everyone you have ever known or loved knows ~~you betrayed your country.~~ defied a massively unpopular tyrant in a massively unpopular war. ftfy
it did. it also says following amnesty and trial. far from a guarantee imo. also, nobody here read the article except you and me.
hehehehehe yeah the top of the arguments there: no counter-argument? lets check his profile quick haahahha . now they are bringin out convincts just to prove my point hahahhahahah
but the eu could.
no shit? ok ya, i’d have taken that too tbh.
very well, i will "shut up" - i believe russia says the same thing to people.
well, they offered average 5-year salary
tomorrow itll be 5000
even if it costs money to house prisoners, that is two people who did not die fighting against each other.
unit cost: us,203 [ numerically speaking, probably cheaper than destroying a tank and killing 4 people. edit: nvm, already posted.
i mean look at the cost of taking care of a single wounded person in comparison or a bit of property damage from a single magazine
the cost of a javelin missile is far more expensive than having a tank crew surrender and just walk away.
defectors be like: quick! tomorrow it will drop to .
i would surrender 2-3 times to maximize payout.
the only problem is what about your family back in russia. drafted soldiers still have family. and drafted soldiers are between 18-20
rpg: literally a rocket propelled grenade. that’s it. nothing smart. javelin missile: the missile itself, not the launcher, locks onto the heat signature of the tank. tanks have most armor on the sides, so after locking on and then launching it can take a non-direct line by going way up in the air, and then striking the tank from the top. all the “smart” parts of the missile are part of the missile and are destroyed on impact.
it would cost ,000 or so troops russia supposedly has. the us defense budget yearly is almost . so for almost 1% of the us military budget you could pay off the entire russian army. it’s a fucking bargain!
javelins have a lot going on in them, compared to like an rpg or something
estimate is more than . defender math is harder to quantify. defender is all-in on hodl.
comparatively they are pretty cheap. a t-90 costs 4.5m usd. if you knock out a t-90 with a javelin that is cost effective.
and when you use a javelin, you do not get to keep the tank.
imagine if ukraine offered to buy second hand tanks from soldiers who surrendered with them. sounds like a real good deal to a russian tanker imo - guaranteed safety, and a couple million dollars to split between you and your crew, to spend on getting your family out of the country before it collapses into chaos.
yes but that one shot can take out a -4 million dollar tank with multiple crew members
now i'm just imagining them shooting lambos at tanks.
the actual missile is about . the command launch unit is reusable.
yup, it is part of why insurgency is so effective. the taliban could tie up an entire fob's worth of americans by just paying a guy to climb up on a ridge and fire .62 down on the fob. he drops the rifle and goes back to his farm, meanwhile the us is paying to keep the fob fed and supplied with everything required (hundreds of thousands of dollars.) same goes for drone strikes. rq-4 reaper's hourly cost plus the cost of a hellfire (~) to blow up a ,000 toyota and maybe another ,000 worth of kit and arms on the fighters. you start realizing real fast how much fighting an insurgency will cost.
yeah but hurling a lambo at a tank with a catapult is not as effective or easy.
shit man, that car reference made me think a "lambo" would win in a head-on crash against a "chiron" 😂
yeah, shots that do stuff after they leave the tube are expensive.
you know you're into crypto when it does not have a currency conversion but a lambo conversion
you really don’t want to fall into the rabbit hole of how much military equipment costs. ammo, missiles, planes, it’s insanely expensive.
thanks for further confirming that some americans really do think the world revolves around the us.
russia "we declare war!" bezos: "oh i'm sorry, you've just been outbid on your army."
"microsoft buys the russian army to bolster their xbox game pass portfolio."
someone shine the elon signal.
i presume most officers and generals wouldn't defect for any money, unless you could promise to get their families out of russia too... 18yo conscripts might be worried putin will send their dad to do hard labor for a few years... a general presumably has to worry about their wife and children being sent to prison for life. or worse. let's not pretend defecting is an easy decision. i wish it was!
"start your life over somewhere else right now and never go back to visit your loved ones because the army will kill you if you do" money. how much would it take for you to drop literally everything but the clothes on your back and move to a new country with no time to see any of your loved ones again even for a quick goodbye? if you had a wife and kids back home with putin becoming seemingly more unhinged by the moment would you take that ? if it becomes known you took that % trust putin to not take a page out of north korea's book and punish your family because you defected?
.5bn for 100% of the reported army numbers, .05bn for 10% of it which would be a catastrophic loss for russia. 100% is not needed nor achievable.
and wait for the 2nd act 20 years later ?
lol reminds me of my mate scrolling through tinder, in the middle of our field training exercise lmao
you can forget doge 1 dollar until the next halving at least. imho
\^\^\^ the tooth fairy?
1 doge already worth 1 doge, who knows how high it could go!?
this whole ukrainian conflict is just musk trying to pump doge
i've been saying that for years!
if it gets to ’m a millionaire. maybe i shouldn’t have put my future into a meme coin.
in imagination land only...
one doge equals one doge luckily
when will this happen please?
no matter what, 1 doge will always be 1 doge
totally agree with you, and the sad truth is that a lot of them are already fighting against a country that their brothers and sisters are from.
i hope the payment is instant too. i do not want to end up with .2
article is already outdated on that front. 5m rubles is already with less than the estimated us,000 value cited. tick tock, times is flying and rubles are burning
to russian soldiers: “life is precious, surrender and quit ukraine”
"there has been too much violence, too much pain. none here are without sin. but i have an honorable compromise. just walk away ... i'll spare your lives. just walk away; i will give you safe passage in the wasteland. just walk away and there will be an end to the horror."
yeah you are right it is the real life and you will be dead.
it’s okay only if also give up your land in decentraland
it is better to take money and lay down your arms than to die for an absurd purpose without any honor.
"welp, looks like i'm ukrainian now!"
doubtful. they’ll still need visas and everything else. the soldiers know that. i think it’s more likely the soldiers are thinking: “give me any excuse to run away so my commander doesn’t shoot me for treason and i will take it!”
i am wondering if russia thought this would be over in 3 days, and ergo had a weaker supply line than expected? i would desert my tank too if it ran out of gas. obviously this is just speculation.
yeah you can do that i had seena lot of videos of people doing that.
many young boys will do anything for food, and in russia, vodka.
ya. this is what happens when a country boasts standing army size, but military service is compulsory. turns out most people do not want to be soldiers and will be lousy at it if forced to fight.
captured soldiers will say anything to make it seem like they are more innocent in the war. wonder how many "cooks" have been captured too.
there tactic is not actually working in their favor at all.
my unit in the army was mostly younger people, i knew multiple staff sergeants who were only ~25 years old while the joe's were ~18 - 22
tale as old as time, song as old as rhyme
it took many people to get to where he is today
turkish lira 🤝 ruble
> trade crypto with your money out of the frying pan, into the fire
ironically also sounds like recent btc prices.
indeed but the fact is that they have a very good policy for that matter.
most action will be applied then it will go more cheaper.
i'm sure people would contribute to this
you jest but i’ve believed for years that evolved crowdfunding mechanisms. much to develop. fuck letting my american tax dollars go to the war machine or the prison industrial complex. i’ll send them where i believe they’ll do the most good, thanks.
the difference between a billion and a trillion is about a trillion.
russian soldiers get paid a faction of that, they are going to give each prisoner 45k usd and the average russian soldier gets paid 8k usd yearly, their giving each prisoner the equivalent of 5 years pay to not fight a war.
so anyway, i started blasting
yes you are right about it this all must come to an end.
that probably because those units were used to test ukraine and poke around. the real army is on the way i think
hehe do not worry about it just bite the pillow i'm going in dry.
my estimate is about 6-10 year salary
there's a reason why they are offering "5 million worth of ruples" and not a set amount in crypto. don't get me wrong, i'm pro-ukraine and do not think this is a bad idea. that said, it is not crazy to think that 5 million ruples could be worth ,000 or less not too far down the line. especially since they banned foreign security sales and threatened to nationalize foreign assets.
this is the comment i was looking for.
absolutely! money is worthless but life is irreplaceable!
ask if there’s a referral code. get your friends to surrender.
as industry legend goes, all of that military hardware just leaks all the memory it uses and they give it enough memory that it cannot run out during the missile's flight time when the rocket hits, a process we call "physical garbage collection" is run
my favorite part of a javelin missile is that it flys above the target and gives them just enough time to think “ha, those idiots missed us” before ending their existence.
what does rpg stand for:
if you only have to do it once, it sure is. but what's to stop them coming back for more after they have blown it all on coke and hookers?
or a (mi-35 is listed at ). they're brutal weapons, we gave them some a few months ago, i personally think they completely changed the fight.
or you could just run them over in your brand new lambo
if it’s driven by brad keselowski, then the answer is yes.
if amnesty and nominally less money can take out the tank crew, save the cost of ballistics and possibly even salvage the tank? seems more cost effective.
so can a pzfst 3, platform costing ~, each shot about 300. burns nice, round, 80cm deep holes in armor steel. difference being: you need to aim those things. all those fancy guidance systems on the rocket cost money.
anything at corporate level is expensive, way more than consumers could grasp. it's all a big wheel that just continue to roll under its own inertia, billions out billions in. and companies are willing to pay those prices because they can fill it as a required expense on their taxes paper.
can stuff the lambo with some explosives 🤷‍♂️
...apart from the fact that i'm not an american and i live in eastern europe?
*bezos immediately turns russian army into the prime military and invades walmarts and targets across the globe.*
warring like its 1999 bc
don’t be silly, bezos would hold up the donation by going to court to try and be the one who makes the donation
peace with free shipping :)
google: also, we just bought your country. bye, bye.
just call the bank of braavos
i bought the ~~airline~~ army.
fun fact, in the 80’s pepsi had of the largest armies in the world.
if we form a 501c for it maybe he can deduct it from his tax bill...
any decent parent of an 18 yo in that situation is gonna say: "run. run and do not look back."
but how would they know you defected? you could just say “oh man i fought so hard but then they captured me”
you can effectively take war reparations without inciting a second conflict. germany was made to pay ’t start another war. hell, we forced millions of post war germans into indentured servitude as part of the debt. you have to effectively manage the demand and make sure it’s a. being paid from the right place, ie force oligarchs to sell off possessions rather than taking a poor persons food and b. the repayment is scheduled so it doesn’t collapse the economy
aka the asking price of a 3 bedroom detached in moscow in two weeks
\^\^ he did the math.
that's the entire russian economy
and one can forget 1 dollar shib till eternity
yeah, i think that is one of the reasons things have not gone as well for russia as they hoped.
what could a banana cost, 1 million rubles?
rubles about 0.01c now
wen 5m rubels = ?
i do not think the russian soldiers will be keeping track of the value of the ruble
go where? they dead if they go home. surrender and fight more like.
the internet is a powerful tool here as well, never have citizens and soldiers alike from either side of the conflict been able to so readily communicate with each other at a peer to peer level. propaganda can really only come through the means of information overload, you cannot really hide shit from people any more if they are not letting you.
except if ukraine loses they will be killed as traitors
i go with this idea i better take my crypto and try getting some low cap defi just like enj, pink, egld that i could stake and earn rewards than get my life to an end.
problem is they are likely threatening to retaliate against the families of those who defect. even if that is not a real great, they would still have to be comfortable permanently leaving everything and everybody they know and love. it seems a lot easier from our pov, but all these people have lives and families in russia - it is not as simple as just laying down their arms because they do not want to be there.
привіт, товарищ! слава україні! 🇺🇦
their economy in shambles - if the front soldiers know... we can only hope they are smart enough to realize they are not getting paid. if they do get paid, anything, it is worth nothing anyways.
sounds like you'd be right on that. this is a good summary of a bunch of divergent points that makes this blunder add up.
can confirm, kids there argue over what goes first, cereal or vodka?
distilled potato is still potato.
my country (singapore) boasts about being able to mobilise 98% of its army within 48 hours or something. a very, very small part of me wants there to be a conflict for the first time just to show what a country that is never fought a war and relies on conscripts paid .
true. probably only in north korea some people are still keen to fight, but there are a lot of defectors too.
it is a very hard fight to fight for all the people and countries.
yeah it is already like that there is no doubt in it.
hua! <ukraine hryvna to russian rubles>
is this some kind of crypto scam by russia?
yes a lot of people around the world will support it for sure.
> soldiers get *paid* a faction ftfy. although *payed* exists (the reason why autocorrection did not help you), it is only correct in: * nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *the deck is yet to be payed.* * *payed out* when letting strings, cables or ropes out, by slacking them. *the rope is payed out! you can pull now.* unfortunately, i was unable to find nautical or rope-related words in your comment. *beep, boop, i'm a bot*
oh, i think i've seen this amount on by the side of someone's username before.
i am a bit fearfull though backing russia into a corner might see putin using nuclear weapons. and that w8just fuck the world
talk about buying the dip
*shoots myself* ahhh they got me, save yourself, leave without me
how to sneak into unkraine, dressed like a russian soldier and immediately surrender? asking for a friend.
jesus, javelin rockets run on jvm?
don't need garbage collection if your computer "crashes" in 20 seconds *taps head*
wow that sounds so dumb it must have been done on purpose. memory leaks => need more memory => can sell more memory at 100x markup.
well they can’t buy adidas tracksuits so that will save some money.
i think even a one time fee to completely undermine an army during a war is well worth it in this case. make it a limited 2 week deal.
where do you get your used mi-35s?
or launch the brand new lambo at the tanks instead
>if it’s driven by brad keselowski, then the answer is yes. unexpected nascar
somewhere there is a story told by u.s. forces using the javelin early after its adoption. the short version, best i recall: it was overcast and they had been pressured to use the new system, upon spotting an expected armed convoy they launched a javelin, watched it thisappear up into the cloud cover, and maybe commented how it looked like a waste of money. the missile came back down as designed, demolishing the first vehicle and causing chaos… they launched a second with the same effect and causing the convey soldiers to flee because they did not know where the missiles came from. reduced launch signature, indirect path, target tracking, and vertical insertion make the javelin worth every penny against vehicles.
the big thing about thr jav is that it can fire from the top down and has two charges. the precursor blows off explosive reactive armor and then the main charge punches through the tank creating what is called the monroe effect. basically causes a shitload of molten steel to bounce around the inside of the tank, which sets off the tank's own ammunition (secondary explosion). the karl gustov is also another weapon i would love to see in use by the ua.
yeah but it would still be more expensive. catapult and explosives are not free. so a 175k javelin makes more sense.
free next day invasions!
i was wondering why that idea seemed bone-chilling. you figured it out
don't give em ideas damn
*we are amazon, resistance is futile, you will be assimilated.*
defecting implies you're then going to stay in the country you defected to. russians who allow themselves to be captured and then get sent back to russia are not getting this money, because they could turn around and fight against ukraine another day. russia would know who takes advantage of this offer because when all the other prisoners of war get handed back, these defectors will be notably absent from the rest. the whole point is ukraine is giving these guys money so they can start a new life and leave everything else behind. also - unless you get your entire unit to defect together, there are going to be other russian soldier to report that you did not surrender after having your location overwhelmed in a firefight... you just thisappeared at some point!
don't forget 'c' and 'd'. c: military occupation of said country so they cannot militarize. d: ussr next door, so they have the 'choice'. "him or me buddy?"
there was a slight difference then. germany was completely beaten, their government destroyed and their land taken. they could not resist or even say no. russia on the other hand may give up their attempt at the invasion, but that only means that they retreat. the ukraine has no way to force any reparation payments without conquering russia or relying on prolonged eu sanctions if russia simply says no.
well i really was not planning to move to moscow but i may actually be able to afford that!
that was never gonna happen anyway.
i am too lazy to do the math, but like 95% of shib need to be burned for this to become a possibility.
not that i wouldn’t be happy to see it, it probably will never happen unless we see hyper inflation or something... i think i bought the 2.5m shib i have for like 2 dollars, back in april of 2021... even at its ath it was only like , not bad for 2...
if i were a russian soldier, i would surrendr and trade crypto
have you ever actually been to a grocery store, mom?
monkeys want to know.
most do not even have phones with them as it is not allowed in combat zone they have no idea what is going on in the media or the economy itself
i've been thinking a lot lately about how important a role the internet has played in connecting the entire human race; it is one of the major saving graces of modern times.
conscript forces like that usually perform surprisingly well in a defensive war, especially if draftees are mobilized to defend their own home towns or nearby areas. ukraine is relying on a general draft right now to bolster its standing army, and they are doing a great job of slowing down a far larger force. so as long as singapore does not try to invade another country, they are probably making the right choice.
a man defending his home is more dangerous than ten hired soldiers.
it probably is too late to act on it, im sure most of the good trades are already made prior to the invasion
haha fake invasion, we just want the crypto donations
there are only 86 million moons ever thistributed so that is pretty unlikely unless they are a professional shitposter
buying the dip after they surrender is the key
3 billion devices run java, some of them could be javelins
it's literally in the name! well, almost.
when you're talking about a , for 30 seconds, perfectly reliably you can end up with some weird sounding but correct technical decisions.
i got a guy.
bullish on lambo missles.
there's also pzfst ammunition with two charges, but yes it can only attack in a straight line. it's a tradeoff, as said 300 dollar per shot are pretty hard to beat when it comes down to melting tanks, improvising doors, etc.
flip it in a year for .50
yeah, great time to move to moscow. have fun with that. 👋
i hold shib and would be happy with .0001
in stark contrast to american soldiers. getting them to give up their smartphones would cause insurrection. i wouldn't want to be a platoon leader to even try to get soldiers to give them up. sure, teach appropriate usage and information security, but they will be texting loved ones and boyfriends. and each other with memes.
someone recently brought 1 million moons a couple of months ago. they were the only other user classified as a 'leviathan' (over 1 million moons) besides the thistributor bot.
is calling free() really that computationally costly that it cannot be used in a never-fail system? also i do not think that javelins are even never-fail, but maybe they are close enough to approximate.
next to the payless shoe store on grand avenue
by the time i retire in 40 years it might be worth .
heard the sunflower farming business is absolutely **booming** there!
>getting them to give up their smartphones would cause insurrection. i wouldn't want to be a platoon leader to even try to get soldiers to give them up. also its already happen before we didnt carry phones in combat(highly encourage not to). on the fob was a different story also it all might be changing
it's not about the computational cost, it is about the risk that somebody forgets to call free and the rocket throws an out of memory error mid-flight. you want the rocket to crash, but only at the exact moment it is supposed to.
there's a reason why everyone's first step in optimizing is replacing the standard memory manager with one more specialized. and it would not get faster or more reliable than just filling linear memory. but they would not use c++ stdlib anyway, so i do not think there is that much memory fluctuation.
maybe not, but in a real time system every picosecond counts... at 1ghz each clock cycle is 1 picosecond. how many cpu cycles does free take? is it deterministic or dependent on other factors? can you say with any assurance that a free wont take 1000 clock cycles? how far has your device moved in 1ms? is it far enough that not adjusting trajectory in that time will cause a problem? i can definitely see trying to stick with deterministic length operations on a device like this even if its not the technically correct way to do it.
plan a in a critical system like this would be to never call malloc or free. they're both complex and malloc can potentially fail. statically allocating all ram is possible for reasonably simple programs. the concept of allocating memory, never deallocating it, and then proving that you would not run out of memory soon enough to be a problem is a surprisingly good idea. obviously this works well in computers that literally self-destruct, but it also works well in normal short-running programs where the os will clean up the entire process at termination. even a simple malloc and free are dozens of lines of code with a bunch of easy to screw up edge cases and o(n) performance in the number of allocations. you can get that performance up to o(log n), but then you've got hundreds of lines of code. a version of malloc designed to never be freed is like 5 lines of code. for a program that can mostly be written with static allocations and that only needs a couple of dynamic allocations, the correctness proof can be pretty simple (e.g. this allocates at most 100 bytes, we've got a meg of ram free, therefore we will never run out in less than 10 minutes).
that is ukraine. they are getting the high quality fertilizer you cannot get in most places.
ah i see that makes sense. i guess i figured that the firmware would be debugged, but from a cost.
note: the news source says *allegedly*. this word was omitted from the post title. please remember rule 9. the source of this rumor is
britney a crypto whale
bitcoin be out here freeing britney before it was cool.
oh wow so early too
holy shit that’s so smart
bitcoin was worth less than . britney is probably swimming in it. >>it's bitcoin bitch!
i heard she is satoshi nakamoto.
damn, how was she paying taxes?
i feel so bad for her,this conservatorship is terrible
and yet she is incapacitated
wow she is the secret whale!
if brittany is using it, i'm doing something right!
her dad really is a sugar daddy!
smart girl, i'm impressed! 😅
two ways to take this imo. either she is far more intelligent then she is portrayed or she legitimately is an addict of something. if you have not dealt with addicts before they become james bond basically to get their shit no matter how stupid.
messed up enough to need conservatorship, yet smart enough to be bitcoin og to dodge it? something doesn’t make sense.
you want a hot body? you want a bugatti? you want a maserati? you better hodl, bitch you want a **lamborghini**? sippin' martinis? look hot in a bikini? you better hodl, bitch you wanna live fancy? live in a big mansion? party in france? you better hodl, bitch, you better hodl, bitch you better hodl, bitch, you better hodl, bitch
good for her, i don’t totally understand her deal but something seems very strange that she is at her age and still can’t control her life. not so sure how that’s legal and don’t wanna get into it
leave britney's bitcoin alone!
look i feel bad for her and her situation is completely unfair and she deserves to be free. but this article is kind of bs. - how would she be buying btc in the first place without it showing up on her bank statements? - where would she be using bitcoin for small purchases? especially in 2014? who is accepting bitcoin for stuff? - how is she paying taxes on this? i’m sure someone else is doing them and paying for her and that person is in contact with her dad it sounds like a cool story but it’s just unrealistic sorry.
should've used monero then this article wouldnt even exist!
her dad is toxic
britney for the win!
this sub is a joke
god damn this is ironic
and everyone thought she was crazy
someone tell her about monero
is her dad a bank ?
bit me baby one more time
plot twist: britney is satoshi nakamoto and created bitcoin to shop anonymously.
i wanted her in my 20s. i love her in my 50s.
leave brittany and her btc alone!! :3
oh britney, use monero 🙏
bitney spears is more like it
if she hodled she’s sitting pretty
britney is our new queen
buy the dip, one more time!
the hero we deserve
damn. she is smart :)
bit me baby one more time. i'll see myself out.
you want a hot body? you want a bugatti? you want a maserati? you better crypto, bitch! or something like that...
that is one messed up family. poor britney.
hard situations are good in a way because they push you to find or create a solution.
seriously, this has over 19k upvotes? op better not get moons for this crap.
kinda surprised by this news
a perfect adoption does not exi-
soon we'll be seeing
clever of her - and if shes been doing since 2014 shes gotta have a good amount of btc or maybe even eth.
she should become a spokesperson for bitcoin. would get a lot of people on board who probably don’t even know what it is...
oh wow, that must have been annoying and expensive.
oh baby baby, she must be a billionaire
i legit would buy coin launch by britney.
oops i bought dip again
these young celebrities are locked, and would have a hard time finding any sort of independence. i hope they escape but they are up against very strong forces. :(
why not use something completely private like monero?
well she would not have to do that anymore... but she should.
btc was the original savebritney all along.
2014 was the year for wholsome bitcoin purchases on the bright web
she has diamond hands and a good voice that’s twice as much talent than i will ever have
some of britney name song in cryptoworld! which one you like most. bitcoin baby one more time! bitcoinizer! i’m a slave for bitcoin! work bitcoin! piece of bitcoin! bitcoin to make you happy! i wanna go bitcoin! hold it bitcoin me! don’t let me the last to bitcoin! 3 bitcoins!
let's make her our reddit female version of sminem
holy shit... . this girl got big brainz
shouldn't she have monero instead?
yet she suffers from “early onset dementia” 🧐😂
she should use montero instead.
wow that is an awesome example for usage of crypto!
super star payment system.
anyone else hoping she has a stacked wallet by now, considering how early she got in?
good for her. smart move. probably made a lot of money by hodling.
i hope this is true, it kinda made my day
plot twist: britney made purchases from the silk road. honestly though, good on her and goes to show how not incapacitated she is
that’s my girl b! cefi is toxic
britney = satoshi confirmed
oh shit, here comes the irs for her capital gains and a cease and desist for brokering. america is a joke.
hodl baby one more time
how many bitcoins does she have? :d
wow, 2014. smarter than most of us.
we’re just one brittney tweet away from btc 100k
oops i bought it again!
it seems everywhere i turn, i see this headline. who actually cares about this anyway? certainly not enough to click on the headline 🙄
not that innocent i see
i didnt want to talk about britney spears in 1998 and i dont want to talk about her now. fuck off with this shit.
her dad is hodling her like some sort of britcoin.
dip me baby one more time
britney, ahead of her time and a frequent purchaser of goods on the dark web ;)
britney buying drugs from the dark web in 2014?
well she should use monero
a simple link has 29k upvotes. ha this sub cracks me up
i'm just curious why this thread is so against her or just women in general
tldr: dabbled in crypto
proof of work it!
most bullish news i’ve heard all day 🙏🏼
it is britney bitch 👏
who is it?? it’s britney, bitch
ups, i fomoed again
thats what initially got me into crypto too lol
bit me baby one more time.
good for her! that whole situation is messed up.
such a smart move, glad she is gonna be able to be more independent
bitnney spears has arrived. best of luck to her though, i hope she gets her freedom soon.
honestly i would buy some toxicoin
britney be like it’s bitcoin bitch!
she must have a fat stack of bitcoin!
that was a very smart move i did not expect from her, well done!
you do realize that media can easily thistort that and show how people can use crypto to hide stuff, right?
why you gotta rat her out
she got a ledger
let britney alone already
holy shit, that is crazy!
don’t narc on britney
this is a diy youtube instructable i want to see...
bet that ass of a dad didn’t see that coming
wait if your dad had conservatorship how did she even get the crypto without him knowing? was she mining?
kiss me bitcoin, one more time.
ahahaha you are fokin kidinmehh
question is what does she buy with it
think i found the premium customer on the silk road.
leave britcoin alone 😂
those early expenses must be so hard to see. ‘8 bitcoins for 4 fish tacos’
most bullish news for sure lol
this is the shit i like to see!
that’s clever of her
the more i hear about her dad the more the kevin federline saga adds up.
is britney the warren buffet of crypto? lmao
we need the hoards of britney fans to buy in
i've enjoyed her instagram the past month or so for no particular reason at all.
some made up shit, why? britney spears is trending so why not take advantage of it to moon btc.
did anyone actually read the article? it says nothing about crypto, and only provides alleged statements once... everything else is a summary of the movement.
rando "news" site (that is not even well-known enough to have a wikipedia page ) says that rando podcast (that it does not provide any link to) says that britney used bitcoin, prompting rando redditor to post it on crypto subreddit and change the headline to make it sound like it is fact. hundreds of people then read it and accept it as fact without question. if anyone wants an example of how bullshit can spread, this is *perfect.*
it came from an unreliable source and even the source said “allegedly”
okay narc. no seriosly, this would violate the court ordered conservatorship. so maybe stfu and stop outing the poor woman.
that's freaking awesome, always thought she was crazy, but obviously not. she did what did in spite of her dad.
forreal though i wanna see her gains
you mean her leech errrrr boyfriend has been using bitcoin to get her the stuff she wants. next you'll be saying shes a chief engineer at space x. edit: lol all you captain save a hoes keep it coming!
should've been using zcash
she must be a whale of note by now! good on her. another person liberated by the tech.
well should someone tell her...
misleading title. she dabbled in btc in the past is all this article says.
does she know how to place a spot trade ?
bitcoin has been doing more for britney spears than hashtags... what i appreciate the most about cryptocurrencies is the fact that it is all about truly transforming the world.
garbage source. unless britney herself comes out and says it, i do not trust it.
the article did not really dived in on the stuff that she bought or the possible use cases. were there any reports on it? not that i'm trying to be intrusive, but curious on the stuff that she bought, etc.
and now he knows
well i’m sure the irs is gonna be like “ britney we love hit me baby one more time…by the way you owe us back taxes for the last seven years.”
oops i did it again!!! 🤪
adoption why not monero?
anddddd it is gone.
hit me bitcoin one more time
get in early. swap just launched. only 3 tokens now. so much more to come. https:/.io has real life use case now. check their swap, just launched
the britney puns were a fresh change
oops i did it again. i played with your heart got lost in the gains... ohh baby baby
bitcoin baby one more time :d
you gotta work bitch
insert “clever girl” gif
time to pay with cryptocurrency
but, i thought the old lady threw it onto the ocean...i guess after they got it back they sold it on the black market for bitcoin.
she should use monero(xmr) if she is trying to hide purchases
damn britney’s earlier than probably 90% of this sub (including me)
hodl one more time
so she is financially stable for life? smart move
respect. her dad was a twat. glad she found an outlet.
i dunno if i believe some random site
hit me bitty, one more time!
this is why btc dipped today.
guess her mental health had the same volatility
britney is beloved. good for her.
anyone knows the wallet? i'd be curious to see how much btc she owned
good for her. both for investing in bitcoin, and taking whatever finances she can back from her dad.
i thought britcoin was something in the uk. 🤔
oops she did it again. she’s played with our hearts.
toxic was actually an ode to crypto mining farms in china.
britney dropping the bullish news
i must confess, i'm still hodling, when i cannot buy, i lose my mind! btc is like a fine wine hodling is my best past time!
my best friends dad didn’t….
xmr has entered the chat
moon me baby one more time 😳
well well well, she is a smart one
was looking for comedy flair. surprised
**let’s go brit-ney** 👏🏽…👏🏽…👏🏽/👏🏽/👏🏽
**should have used monero**
make her our queen now!
i never understood how people could acquire bitcoin so thiscretely to begin with. a woman like britney spears surely had a lot of eyes on her.
your parents might be toxic if...
since 2014? definitely bullish!
rich like britney, bitch
she is not the hero that we deserve, but she is the one that we need.
she is nakamoto confirmed
that’s pretty cool. hope she‘s a whale 🐳
“how much grey goose and valium can i get for 1 bitcoins”
aww go brit! clever woman
i bet she is probably rich now.
yesssss such an early adaptor ...yasss queeen!!!!!!
her family seem actually awful. i think they only saw her as a cash cow
this is super rad
i've learned a lot about crypto trading the past year. either you make it big, or you make a post on wallstreet bets saying "am i doing this right"
bit me baby one more time!
and it is coming out now because... bitcoin is not private and all transactions can be traced???
you’re straight capping fam.
if this doesn’t send bitcoin to the moon, nothing will
halve me baby one more time
good for her. an excellent example of one of the many benefits of crypto.
she’s smarter than i thought
is there literally anything other than a podcast claiming it is true to back this at all?
bitcoin is not so private, but i catch the drift
og in the community
imagine if she had 1000 bitcoins hidden away…
all the more reason to like btc and crypto currency
good for her. she should be able to use her money any way she wants to
i wish i would have done that
you gotta proof-of-work bitch.
good for her! she is wise for someone that is supposedly mentally compromised.
something tells me she hasn’t been paying her taxes… wouldn’t be surprised
holy moley donut shop…
if you told me this was one of those randomly generated sentences i’d believe you either way lmfao what a world
based, someone tell her about xmr
way to out her 🤦🏾‍♀️
hell yeah, good for her!
oops she did it again
you gotta figure if she is paying for stuff since then, she has to have a big stash. i'd love to see her big stash...
bit me baby, one more time!
she is satoshi nakamoto the 2nd :d
not a secret anymore...
it’s bitney bitch :d
oops, she did it again.
and she is been dcaing the whole time! ![gif](emoteemo_pack_1dancing_wojak)
politicians will use this as an example in favor of regulation
it's britney b^i tc^h
lol sure she has.
what else she might bought in 2015, 2016, 2017, 2018, 2019, 2020, 2021 ?
*extreme levels of fomo*
sad thing is people here do not care about anything other than whether the news is good for adoption or not. in her case i think bitcoin gains are the least of her concerns.
bullshit. that's the whole point of cryptocurrency.
and buy drugs by the looks of her, she sure have sunk
perhaps she is switched to monero
lit me baby one more time!
it has always been king henrik...
bullish on freeing britney
brittany spears being all time representative of bitcoin would be the most iconic resolute to the thismay and i fully support it. cuz i mean fuck *nsync and baskstreetboys most of my gf’s wanted to bang them and fuck christiana agruilera cuz she a hoe and yea free britney and fuck the fed
who would have thought the silk road was just brittany spears buying drugs….
britney was my first concert ever, in like 2nd grade. i can’t explain how bullish i’m feeling right now.
how can anyone take this seriously
her dad is so toxic
after every btc dip... oops, i did it again.
whale alert🚨🚨🚨bro watch her fuck around and accidentally have like a billion dollars of btv
and y'all thought she was crazy lol
'toxic' was really an allegory for volatility in the emerging crypto space
yeah she been coppin dope of the dark web ahhhahahaha
bet you a fiver britcoin token drops now
free britney! our whale back to the 🌊.
ffs, leave britney alone.
"just because i look sexy on the cover of rolling stone does not mean i'm naughty." \~ britney spears i wonder if that is what her silk road history confirms? lol
it is believed she wrote "gimme more" round the same time satoshi was working on btc
her dad looks younger than her.
**hit me baby one more time!!**
britcoin in development stages as we speak
this is it. this is what causes the 100k run: britney stans.
and so a new meme has been born
hmm i would have thought monero or pirate chain would be a better choice for hiding purchases.
but she wasn’t using an ipad for any of it.
no wonder,she is leading a fucked life(°ロ°)☝
britney has been so many things, and after all is said and done, in the end… she’s coo 😎
bitcoins use case for people in controlling dominating relationships. another win for crypto
cryptocurrency is financial freedom from oppresive institutions
wouldn’t her dad have been able to see when she bought the bitcoin using her card?
proof of work, bitch
turned out she hided anything
cryptobaby one more time!
what if she’s actually on here and in this sub?
why would she have to hide purchases from her dad tho? she’s a grown women lol is her dad her account or something? sorry won’t let me open that link for some reason not sure why
gonna press x for doubt.
someone inform her about monero
good for her! i hope she comes out of this way ahead!
if you hold it from such a long time is it possible that you could lose your existing crypto because of any changes in the version of the software? i didnt read about this stuff while researching about wallets so i thought i'd ask
no wonder she sang *"gimme,gimme more,gimme more"*
"hide" lol heard about monero?
what exactly has she been buying with bitcoin? drugs? teslas? and there is no-way shes been doing this by herself
gooba gabba gooba gabba we accept a one of us.
is this real news...
badass. get it britney! too bad there’s no hard details, i’d love to hear how this played out…unless it was for drugs...take that shit to the grave.
it’s britcoin bitch 🎶
britney the bitcoin og, and for actually using it too!
what's been going on with her?
please do not let this go viral. jaime has to go and he will do anything to stay...even today there were reports that he would not go without a fight even though he just said he was going to step down. 🙄
irs has entered the chat
she’s not that innocent
"millions of britney fans adopt bitcoin"
“is britney spears out of her mouth.
hey, it is not a scam. its just legal.
thanks for doxxing her about it...smh
it's now britneycoin lol
and i was thinking she earned from singing but originally it was our crypto
i just feel like this is somehow gonna end up in the media in the usual “bad for bitcoin” category since you know, it’s only used by criminals and the like 🤦‍♀️
best use case. road to mainstream adoption.
what would've she bought in 2021 4 with bitcoin lol. this sounds like someone made it up in hopes to noone fact checking out by putting it so far back.
imagine every superstar that is suppressed by a dominant father figure would make use of crypto. super bullish fake world adoption!
i swear, you people... how would she even get bitcoin in the first place without her father approving transactions to an exchange? and if she lied and said it was for investment purposes, how would he not have controlled her account and wallets?
umm she does not seem capable of doing that on her own.
lol y'all are reaching with this shit
if this is true, and this is a huge if... that would make her one of the og bitcoin millionaires. she would have had tens of thousands of bitcoin passing through her hands regularly since they were worth next to nothing back then.
that's some seed her dad will never have conservatorship over, lmao.
look like an onion article
this sounds like an onion title.
it all makes sense now... britanny spears is satoshi nakamoto!!!
she is actually bringing her own crypto out, it is called britcoin there is only going to be one validator though, her dad, so he has to approve every transaction.
hey guys?! guys! hey guys! has anyone... has anyone else mentioned how she totally should have used monero yet guys?! guys i need to sound super smart and totally informed has anyone else mentioned how much more secure and private monero is yet??? oh... 50 god damn comments saying the same thing? guess i'm not that original or clever...
oops i dca'd again?
speaking of 2014, looks like that when this website was built and never updated since
oops she did it again?
wish i sold some stuffs to her and held my bitcoins
my icp is killing me, give me a siiiiign, hit me baby one more time
to all stating to use monero: while technically correct also acceptance and ease to purchase has to be considered. pseudo anonymity is good enough in this case. using bitcoin makes sense here.
if that is true. go her! he seems like a giant ahole.
well, good for you britney. hope she gets her freedom
oooppps it is dipping again
oh baby bit me one more time
bitcoin baby one more time
you mean... bitbitcoin? i'll see myself out.
did i click into a monero advert in the comments or what?
why is this even top news with 16k upvotes? man this sub is going to the shitter
and her biggest freedom's jolly came on later 2021 came after thiscovering arrr. ooops! she did it again.
we might as well hide the most damning evidence
article 16k likes. top comment 60 likes... what the hell is wrong with this sub
man her dad must be really toxic. _sees himself out_
wtf is a "conservatorship"?
look at how this "news" is worded. 'to hide purchases' this can end up giving more ammo to forces trying to control btc and other crypto, to make their case that crypto is evil.
probably cus her dad is naive about bitcoin, binance and other cryptocurrencies. that's exactly how my parents were naive about it to until i introduced them tixl then everything changed for the best
good move by her if true
you, you-you are tokenizer tokenizer.
how old is is she?
well that would have been smart if she actually did it :d
well it obviously did not work...
welp shes for sure crazy. but in a good way, anyone stacking sats is doing it right in my book
and to hide purchage from his taxman too
alternatively reality plot twist: britney spears is satoshi nakamoto and she will be the richest person in the world after she is free. she will hire a fleet of trained assassin monkeys and will unleash hell to everyone that was a part of her conservatorship.
oh wow…. i always loved britney but this just takes it to the next level. also seeing britney spears isn’t even erotic(for me) but is so damn cool thinking about her with the qt wallet open at the same time. space needs celebs and examples of uses…. even if these might not have been totally legal she was being abused. edit: context and qt wallet portion.
dang i haven’t given her enough credit
since 2014? knowing that she is rich, she would be fucking whale now.
wonder what she is buying 🤔
don't snitcy. her dad's agents could be here.
the one person that is actually using bitcoin
time for an it is britneeeey biiiitchcoin
“it’s bitcoin bitch” britney spears
that's how already rich people can buy a story and promote! 🥱
oops i did it again. bought crypto. 😎
you still have to buy bitcoin with money, wouldnt dad ask about that?
she was living in 2077 already
leave britney alone!!11!1 this is unsubstantiated, what do the article authors gain from publishing this?
bit(coin) me baby one more time
people use btc to make purchases?
so…how did she purchase bitcoin?
i’m out of the loop; what happened to britney spears?
ooops i bought bitcoin again!
this is secretly a monero shill thread
the crypto followers have just found a new queen to worship 😂
how messed up of a father do you have to be but props to britney for using crypto
hit me baby one more time
wait till she hears about monero.
is there anyone msg her in ig for answer?
this sounds strange. not believing it so much. like really 2014? that's a lot of foresight and trust.
she wasn’t allowed to have an ipad, but she has a mining rig, and access to buy things and receive them, but couldn’t buy herself an ipad? this story doesn’t really check out, but i hope britney gets more happy in her life.
yaaaas you go crypto sis brits
a new use case! here comes the boom! 🤣
buuullllshhiiiiittttt she did lmfao
... then she is done a shit job if she is not "hidden" them well enough that this random web site found out. feels like bullshit to me. i mean unless the sort of retailers that britney would need have suddenly started accepting bitcoin and kept it really quiet.
this post has received an estimated 2k karma an hour 😮😮😮😵🤯
i do not know if she is this intelligent or she just do not likes her father.
why people give a shit about this celebrity? these celeb do not care about you , stop putting them on padestal and stop sicking up to musk
this is a big brain play if its tru
*it's bitcoin, bitch* 😎
good for her. but this is another instance of someone using bitcoin to do something that person was not legally allowed to do. i know the conservatorship in her case is a bit iffy, but those things exist for a reason.
is there really a good reason for this 40-year-old woman to hide her purchases from her dad? stupid is as studied does!
she could actually be one of the first celebrity crypto millionaires
britney with bitcoin - smart
good for her. just goes to show how bitcoin is needed. imagine abuse victims taking advantage of this.
"oops, i hid it again" - britney probably
bitcoin being used properly too!
that's crazy, the entire britney story is crazy. good for her man, i hope this shit gets solved. so crazy that in such a big country, such a big star can just be essentially locked up and nothing is done about it.
damn, britney certainly seems pretty smart for someone who allegedly “needs” a conservatorship
this would be really great for her and incredibly smart!
this is a pretty convincing use case if i’ve ever seen one
my dad only made it to blue belt.
its bitcoin brittney bitch
it's really interesting how people get ways to spend and invest money when they have piles of it, apparently they do get best advisors on spending and investing equally.
who gives a fuck
god damn i need to find not so reliable articles to farm moons
allegedly? i call bullshit on this one - she would have needed to have been paid in bitcoin, otherwise she would need to have bought it somewhere defeating the point of her hiding it.
lol so it is true crypto is helping everybody :)
wow and i use monero to hide my purchases from the government! celebrities really are just like us! edit: typo (montero 🤦‍♂️)
brittany is created bitcoin to hide purchases from her dad.
this is great news . i hope she releases an album based on crypto currency’s. this is the type of traction the community needs. where would any of us be without britney spears. she’s the next elon musk for celebrity endorsement. she should really start her own blockchain technology . we all know where this technology is going and with her at the wheel we could see some revolutionary steps to crypto currency’s at the forefront of technology and finance.
how did she buy the bitcoin? she could not touch her money.
she must have made bank i f she is in bitcoin since 2014. if she was that smart she would used manero.
if she had been using bitcoin since 2014 she must be one of the whales who technically are billionaires thus she does not need to challenge her dad for the measly 60million aum
britney and paris hilton were friends these days. and paris, think of her what you want, is a very smart person. she probably told her how to "hide" money. this story makes sense imo.
it is britney bitch - michael scott
can we not make this public...?
bitcoin should ride with this and use her as the new spokeswoman. "bit me baby one more time."
britney pulled a paris hilton and played dumb?
get on that monero grind brittany !
so, a quarter million people fell this rubbish eh?
not so crazy after all
i’ve been using bitcoin since then as well. started on silk road though! lol
sounds sane to me
damn if this is real she is smart
wonder what she was spending the bitcoin on 🤔
how did she hide the purchasing of bitcoin from her dad?
saw conservatorship in the comments. didn't know what it was. googled... and right there, a picture of britney and her dad. seems, she is the definition of the term it self.
thanks for that label!!! helped a lot!
she is smarter than she looks. wouldn't be surprised to learn her iq is at least 140.
i hope that someday this story with britney will be solved.
awesome to hear! the more positive applications with huge names the better!
i call bs and fake news! i'd even bet on it.
how did she buy the btc in the first place tho?
why is this even still up? guys getting moons off fake news.
can we remove this post please?
i cannot think of anything i care less about than celebrity gossip. i know there is a link and i should read the link to know more, but i refuse out of principal to ever visit any page that directly or indirectly covers celebrity nonsense. i'm wondering why she needs to hide transactions from her dad at all. she was already an adult in 2014 so it does not make sense to me why an adult would need to hide their transactions from their own father under normal circumstances. perhaps spears is one of those celebrities that got into drugs or something like that? again, i do not follow celebrity nonsense so i do not know or care (outside of the context of crypto). if it was drug-related, then my guess is her dad was her custodian (legally assigned to take care of her and keep her off drugs?) and she was *allegedly* using crypto to buy drugs under the radar...? if that is the case, then this stinks of being another media hit-piece designed to portray crypto in a negative light. *"look! your favourite pop star used crypto to buy illegal drugs! crypto is evil!"* ...that kind of typical negative media spin.
the only thing i have ever bought with bitcoin is drugs lol
wow nice website! 😏
let britney fuck her money up! it's hers and she worked for it. think about all the other crazy rich people who do crazy shit with their money. athletes, inheritance folks, actors, moguls, businessmen, etc...
oops, she did it again??
she was to woke for her time and she knew it
it's bitcoin bitch !
oops, i, decentralised again
go britcoin or btcney.
that just confirms that people who take bitcoin seriously are crazy.
honestly this is dope because fuck what they’re doing to britney, they’re treating her like a prisoner lowkey. bullish on britney and bitcoin!!! 🚀
dad holding a shotgun looking to his left. “clever girl.”
everyone can see bitcoin, so she did not hide anything. but only buyers and sellers can see monero and pirate chain. 🏴‍☠️
probably fake rumor like the one with facebook buying bitcoin
we love you brittnay
not so crazy after all hmm 🤔
bitcoin baby one more tiiime
this guy got 27k votes. no need to farm karma this month aha
what a made up piece of trash article. then she is definitely worth more than
still sexy, would hit it
so fomo into btc
this has been proved as being fake, it should be removed
i have been a hardcore britney fan since 1998. she can barely spell her own name. she does not deal with crypto.
to send me bat
flying under the radar
no fucking way that’s awesome 😂
oh man i wish i got into crypto in 2014
oh, so that’s who is manipulating the market.
i’m not relating this to the article mentioned (haven’t read it) but britney is actually a very clever person when it comes to getting “around” things. credit where credit is due. not only that but she has immense creativity and many of her iconic moments have been from herself.
so where's the brittany coin?
i wonder how many btc she spend in total
every time btc dipped she said: "oops i did it again"
yo, she is some clever gal!
it was a lie, y'all. we've all been lied to.
i bet she learnt about it off one of her boyfriends
who d'y'all love more, britney or bitcoin?
missed opportunity for britcoin here
that crafty little minx.
she is from kentwood,la , have you been? i would be unstable too.
i wish the best for britney and hope she gets through this mess. if bitcoin can help the situation then by all means feel free to use it to your advantage.
this article, real or not, will probably lead to some new shitcoin, perhaps "britcoin" or "britney coin".
what could you actually spend bitcoin on in 2014?
if bitcoin can get back to you!
i wished i had so much money my parents ran my life wow must be fun lol
i really really hope this is true...because it is britney, bitch!
never thought much of her; but owning btc since 2014 (if she didn’t sell) is a baller move of her. something tells me it wasn’t her idea; if this is true.
that was pretty gangster of her.
i believe this shit. we all know smart girls always are always into shit relationships
would be absolutely legendary if this is true!
hodl me baby one more time
most smart ppl are unstable just saying just cause she was a pop star doesn’t mean deep down she isn’t deeply connected to herself and what she is capable of. proly one of the reasons they suppressed her so much
this is cool and sad.
wacky story. why not cash?
we wd never have known if she was using pirate chain instead!
tell britany make a get on dogecoin the people coin make a song
good for her. that woman has been through enough. where’s the coin?
anyone knows why req is pumping?
we need everyone from the movement to hop on the crypto bandwagon!!
turns out she’s not. that. inn-o-cent. (duh da duh duh duh)
what are people buying with crypto?
so sorry for her, i know what it’s like to have family end up being so greedy and it hurts your soul even when you get vindication!
genius. now any one with her address can see all her purchases.
amazing but sad. the only concern is if he had got her wallet id he could have tracked some of it right ? ✅
what possibly could she have been buying? drugs?
she definitely bought a lot of drugs over deepweb
maybe she isnt so bad after all.
and to pay for her drug habit.
does she realize that every bitcoin transaction is now public information that anyone can see? her dad might not have been tech savvy to know bitcoin but there is a whole swarm of stalkers and news reporters who would love to know her bitcoin address. if you want privacy, either use zcash or monero. simple as that.
you’re telling me that this girl, who barely has enough wits about her to cobble together a ham sandwich, somehow has a solid grasp of crypto and how to use it?
really britney. that's how far you clowns are going to legitimize your internet monopoly money. just sad.
oh yeah yeah yeah yeah yeah
op knows how to farm moons. 😁
*in south park's michael jackson voice* allegedly! that's ignorant!
great to see fact checking. the next evolution one level up to maintain high quality of posts here in this sub is to have some form of fact checking.
great job mod. i hate people sharing unreliable.
good bo... oh wait you're not a bot.
petition to remove this post.
she is not that innocent
the hopium is strong
what allegedly even mean? i never heard that word. it mean probably?
we should not be rewarded for posting misinformation. why is this post not removed and still top of the front page?
that's some good modding
ups i bought high again
this will be a coin in the next 10 minutes
another woman freed from repression by blockchain technology, women clearly need crypto.
oops i cryptoed again
i want to buy it. where is the defi where part of the fees go to ?
ok, who in here is going to create britcoin?
weird seeing you in a non bears reddit
hodl it against me - britcoin 🎶
you have won the comment section buddy, congrats 😀🤷‍♂️
thank you for showing how clever someone can be with a single word. kudos!
that is an easy . i need to learn more, fuck.
nonononononono shhhhh stop. i do not want to be here in a month or two and see posts about how britcoin has been rug pulled. (shocker) about how its because the governance token has dropped out for "no reason". then the britcoin shills will be back in force talking about how it is better now that the governence token is done. then, inevitably people will forget about britcoin (except the yearly posts about how britcoin performed and how the new shitcoin compares) and move on to the new shiny news thing. i just do not wanna...
tomorrow's new meme coin.
didn’t the uk already make this?
another shitcoin, here we go.
to the moon :d
it doesn’t spikes, it spears
please don’t say that. someone going to create a britcoin and scam ppl with it.
my girlfriend said "so it is britcoin?" after i read her this headline. then i told her moons are worth something and she is mad now.
and a brexit which should actually happen
hey everyone i've got the newest crypto that's going to the moon hodlr 🚀🚀🚀🚀🚀 easily gonna overtake ethereum by 2019!!!!!!!!!!! in no way way is this a rugpull🤡 it's called britcoin and you can get in early today!!!!! it's like buying bitcoin in 2002!!!!!
brit high spears low
haha thanks for the lol. have an ⬆️ vote.
has to be an nft, this is the art of mistakes
that would be a smashin' good idea!
stop giving them ideas now the poor woman is gonna have her twitter spammed with bots shilling a new shitcoin that 10 people hold
monero would be a smart choice now
don't give them the idea, someone will create this coin tomorrow lol
til i am unoriginal and everything i could ever think to say on any subject will occur to every other person on earth. except that bugs are so cute, thank you for reading.
holy this is where it began
you realize you just started a coin right ?
actually laughed out loud haha
inb4 someone makes britcoin claiming it is for helping women around the world.
uk is naming a possible crypto this
you know she was driving the silk road…
bitcoin me baby one more time!
oh bitcoin bitcoin :d
that's the actual name of uk's planned cbdc 😂
bet she uses wikileaks too... 🤯
a big whale...since 2014. she would have bought a lot.
i do not like her being an usd whale too, but it is alright
bitcoin banks the unbanked and unconservators the conservatored
why is your name orange for me?
this would be the greatest redemption story if she gets free and instantly reveals herself as a mega whale, and spends the next several decades creating a lasting business empire.
we are not going to talk about how depressing this is? like yes we all love bitcoin and think it is cool and early in 2014 but what about the fact that she had no freedom in her life and was forced to use some (relatively unsure) asset to make transactions just to spend her own earnings?!
she must be a whale
she is probably a megawhale now since she is here since 2014
she must have some good friends. good friends make up for terrible family, somewhat.
incredibly. i'm really glad to hear that he managed to find some freedom. hopefully she gets her full freedom soon too.
if only i got in that early.
hope she somehow gets rid of her father.
congrats to her because that situation is fucked up
father: demands to see bitcoin receipts and statements
narrator: *"she was not."*
lost her hard wallet in a boating accident. tax machine broke
leave britney alone, her conservator should pay those taxes
not her responsibility, her conservator is responsible for all her finances! lol hope this ends well for jamie! to the moon 🚀
have she sold any of her bitcoins yet? article did not say shit.
fuck taxes, just find out what her dad did with as much of her money as he could siphon away before we talk about taxes.
no taxes if you never sell
she wasn’t in her right mind to pay taxes then. sounds like her conservator should be responsible for that
she is rich, sort of at least, the rich do not have to pay taxes
f in the chat for britney
it’s such a shitty thing once you learn a bit more about it.
i never even heard of the term conservatorship until that whole brittany thing popped up.
it’s over! she’s free!
oops she did it again.
hopefully she hodled some. respect.
need to be careful with the age of the judge, an old enough one and using bitcoin could be seen as being crazy.
i do not think so, it has not been an independent duchy since the war with france. since then it has to abide by the french law, which has not adopted bitcoin yet.
pretty smart for a woman that according to the law, is not capable of making major decisions for herself
she has been using bitcoin as actual currency since 2014. she is ahead of 99.99999% of world population
yep. i laughed out loud when i saw this. her dad probably shit a brick when he heard.
i am pretty sure she is not crazy or an addict, especially since she has been able to maintain her relationship with her current boyfriend for years.
too bad its a public ledger where you can trace everythinh
why does she have to be an addict? we know she is intelligent, she just suffers from a mental illness (like 26% of the population in the us ).
my sister used to be friends with her. i’ve never known her myself or even met her, but my sister says she’s actually extremely intelligent and most of it is a stage persona. my sister is also about as smart as my kids pet rock.
she is smart. you do not need to be a genius to use crypto.
probably through friends or advisors. maybe she is smarter than we think. the conservatorship was in place because she had emotional breakdowns due to fame and pressure of divorce,etc. that can happen to anyone of us. that does not equate to her being dumb. her pop success did not come just because she was lucky. she has talent. and that usually is associated with intelligence.
she is unstable because of conservatorship not vice versa
>note: the news source says allegedly
you can be unstable and still smart. not saying she is just that it does not thisqualify you from using bitcoin.
the conservatorship happened in a super messy phase of her life that she was suffering a lot, especially because of paparazzi. she is not dumb. she was just depressed and had access to a lot of drugs and too many bad people around her. maybe she had help with it, yeah, but she does not "need" the conservatorship, it was just a form of control and abuse, and of course, everyone wanted her money.
it doesn’t make sense because she didn’t need conservatorship. she was being taken advantage of. having narcissistic parents is a hell few manage to escape.
there are studies which indicate that higher intelligence actually makes you more prone to mental illness. for example there was a study of 3700 members of mensa that showed that mood thisorders and anxiety were much more common in mensa than the average population.
umm newsflash, all us crypto nerds are insane! 💪
i do not think using bitcoin (even if early) makes you smart xd
"messed up enough"? what are you a boomer? she may have needed it at some point, but she is gotten better enough that she does not need it, but her father without hjs daughters money would have nothing.
those two things can coexist together. i know some really messed ul people that are very smart.
she more than likely has some smart friends who introduced her to the way
well, messed up and smart are not mutually exclusive...
she did not need a conservatorship
this conservatorship is a fraud! apparently they don’t even have a capacity declaration, she was set up so they could take her money
you must think so highly of yourself because you bought btc?
i mean she had access to the internet and more than enough time to refine a google search of "how to hide money and purchases". i do not know anything about the story of her but i'm assuming she did not ask for a conservatorship but i sure would ask for my money. just spit balling
nah. it’s just another skeet stained shill scam. business must be buckling.
i hope he gets sued into the very special pits of hell, this is quite shocking.
i need the soundcloud link.
the short answer without getting into it a whole lot is that they gave her father guardianship over her with the intention of protecting her during a mental health crisis, but it went on too long and became abusive. her father ended up not being someone she could trust. hopefully she will get out of it soon.
anyway - to me thats bullish for btc
it’s simple to get stamped crazy, it’s damn near impossible to get stamped not crazy once stamped crazy.
she had problems, so her father was apoimted to control her money. but he was crazy and controled everything she did.
i know you don’t want to get into it but a tld is that it was all formulated by a woman who seems to be escaping media attention and the judges and doctors and legal teams (allegedly) have been paid off to keep her in it as she was making so much money that they were all entitled to.
that's what i thought
but that makes her even more sus, and i doubt her dad can track her bitcoin transactions anyways
in this case it doesn’t matter. bitcoin pseudo anonymity is good enough to hide from family members…
1 - as a gift or from side work, for instance offering a skype with a fan for btc payment 2 - drugs 3 - taxes aren’t an issue if the btc is just being used as an intermediary and being spent almost as soon as it’s procured.
i'm not sure anyone pays taxes on bitcoin pre 2017.
it says she started dabbling in it in 2014. the way it is written, it could mean she only bought a few things over the years. if she bought some in 2014, when it was far less mainstream, it may not have been as easy to trace. she may have bought it cash in or person to person exchanges, she may have transferred some to paypal and then used it fro paypal to buy it, or bought gift cards and used the gift cards to buy it, etc. if she is buying bitcoin and using bitcoin to buy things, she wouldn't need to pay taxes on it.
the article is bs also, calling it an article even seems wrong. it's like a forum post.
her dad's a cunt. i know that you made a reference to her song, but i just wanted to add to it.
if it is real, this would explain why she’s being taken more seriously finally. money talks, and if you have a shitload of it, then your voice i louder than anyones around you. even your conservatorship
i been using bitcoin since it came out
ya, what the heck is this
don't recommend you going to r.
crazy and genius are but two sides of the same bitcoin
*baby shill me one more time!*
not 500 iq, almost everyone can use bitcoin.
right?! don’t snitch on britney, bish!
i know that the chances are this is not real but for some reason i want this to be real. imagine, 100 years from now her wikipedia page says "founder of bitcoin, also a singer or something"
crypto have a lot of great uses. it can give freedom
she lost it in a boating accident.
she is already free. her dad doesn’t control anything now
fortunately she is free now.
for real, she possibly remade the wealth held from her!
jeeves, add another 0 to the hundred millions account, cumdogerocket hit .
irs will love her.
everyone should invest in crypto.
i do not think her a dad is a sophisticated chain analyst.
i honestly think that the judge brenda is just collecting a fat paycheck. hence keeping her “sick”. her life reminds me of “i care a lot” on netflix.
how else can they farm moons? with nicely written posts? too much work, mate.
do you realize the media is already doing just that 🙃
oddly enough many of the same attorneys involved and michael told brit shortly before he died for her to get out of the industry and save herself.
and they say she was crazy?
that is why i do not think that it is true. she had to buy it or find another way of getting crypto - either way, she definetly could not do it by herself. and i do not think that her father allowed her to talk to some strangers. i do not really know her case, but imo that is not possible.
i had to go looking and i'm happy i did. 👌
i do not call em crazy that is thismissive maybe their not crazy maybe the world is a little sick - dave chappelle
she straight up swam in the mufucka
lmao what makes you think she wouldn't be able to use bitcoin, it is not rocket surgery dude
if some of the absolute goons that post in here can use bitcoin, i'm not sure why she could not.
big basement incel nice guy energy.
wtf does that comment even mean? what a drongo you are.
what type of brain injury did you have before typing this? i think you need to see someone about how ridiculously stupid you are.
most downvotes i have seen here lmao
zcash over monero? how dare you. *looks like you've never been in a boating accident*
who tf uses zcash? 🤣🤣
no she should not
don’t get why are you getting all this hate zcash is great
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scraping dollars together here and there, and transferring to a private wallet... nacho keys, nacho coin.
ref links are not allowed. final warning
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stealing dope and trading it for bitcoin obviously
mods decided showed some leniency, but op will still serve a 5-day ban. [
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who are you to hate britney spears
luckily he will only get 1000 post karma as that is the max amount of karma one can get from a post!
time to vote to remove op from this round's moon thistribution
great job would be removing this post.
means some people are reporting this, but it is not well-confirmed.
my portfolio tanked got lost in the red
bankrupt me baby one more time.
buying as soon as it hit me baby one more time
plz god no... there are enough shit coins already.
i'll ride it to the moon through pump and dumps.
let’s break the shackles
crypto is the new women's pockets... you watch
woman are already more invested in crypto than stocks!🥳🥳🥳
i played with doge got lost in the game
what is with the free britney thing? i’ve never understood it.
that is the most perfect gif
that's not a surprise
hey that is catchy, i think you just started a hashtag # unconservatortheconservatored
because they spent money on a membership instead of investing in crypto.
how the turned have tabled
the true dark horse candidate
finally one-upping the story with hedy lamarr and frequency-hopping radio.
squirreling away britney spears-level money into bitcoin? yeah, she is almost definitely a quadruple omega whale
yeah i know, it is very sad and i think everyone is glad she is on a better path of life now, but it is still good to see how bitcoin served a good purpose when she needed it the most and with no crypto maybe she would have no option :.
*bit me baby one more time*
i hope this ends with her becoming the wealthiest person on the planet...
even if she had a few hundred residual btc after her spending (remember she got into btc to exchange them for goods and services) that would make her filthy rich. 2014 btc price was .
hiding purchases ends up being beneficial
just seeing how crypto helped one person, gives me incredible hope that it will do great things in the future.
maybe the taxman falls on her father, since he seems to control every-other aspect of her life it would just seem fair
now are we still talking about britcoin or did we shift to monero ?
he's most likely trying to scam her cryto gains too.
an example folks can relate to where crypto can really free an individual.
no clue. her dad's probably in this thread hoping her btc wallet address comes up.
britney has diamond hands bro
the rich do not paying taxes, how am i not surprised?
yeah he easily wins worst father of the decade.
paid him in monero
and a bad one at that. like an after eating taco bell shit.
yeah, i kinda thought it was some trendy "everyone needs to treat this aging pop star fairly" movement or something. read into it, watched that documentary and uh...yeah, what the actual fuck. i do not know how something like that is happening and i legitimately feel horrible for her.
last time i looked, he agreed to step down, but has not actually stepped down yet...
it's happens once again.
if she has that much btc, she could buy her father a yacht that accidentally sinks when he is on board.
if it wasn’t in the accounting it didn’t happen.
!shakespeareinsult ok i'm not sure how this works... kinda like brittany spears' dad when he learned of bitcoin
underrated comment right here. best pun post i've seen on a typo in a *long* time!
the amount of control this conservatorship excercises on her is crazy. she does not even have the freedom to drink soda! yet she is been performing on stage, training her dancers and running other aspects of her shows for years. if she is considered mentally incapacitated to lead her daily life, i'm fucked. anyway, good on britney!
how did that ever become a reality? jesus, she is clearly got enough sense to be skilled at many things.
she is is winning my respect again. 👌
you mean ahead of hoarders, i mean shes using bitcoin like satoshi designed it to lmao
that is hardly evidence of sobriety.
she was mk ultra’d
wait this means nothing, there are more high functioning addicts then you probably assume. tons of friends use coke on a regular, and doesnt effect their work. my lawyer loves to party and still has won all my cases.
crazy yes, but in a good way.
after watching that recent popular britney doc, im quite sure that she is... special. looked to me like she is a teenager trapped in a grow up body. reminded my of my 8yr old neighbour who seem to be living in an alternative reality where dancing on tiktok is the only form of communication. this is solely based on what i saw in one documentary, so obviously i dont really have a clue about this.
she is loco dude
both of my parents kept it up for 30 years somehow as both, crazies and addicts... 😅 lucky me.
it was not nearly as traceable in 2014 as it is now, which is why it was used so incredibly successfully on the silk road and shiny flakes (and apparently by britney lmao - though i somehow doubt that one). but both of those marketplaces ended for reasons unrelated to bitcoin's "traceability" and ledger transparency. the feds had no idea how to connect, trace, and link people to wallets on-chain, and still do not in many cases.
she is so lucky, she is a star. but she cry, cry, cries in her lonely heart, thinking if there is nothing missing in my life then why do these tears come at night?
would be funny if she’s an accidental bitcoin whale and .
>probably through friends or advisors. maybe she is smarter than we think. what made you think she was not smart, or that we all thought she was not?
u.0 pee people are all just human at the end of the day. cheers
i thought it was because she was blonde
i agree. famous people are usually smart even it they have huge problems. actually probably many their problems are cause they are smart at the first place.
that happend a long time ago. they probably kept the conservatorship on because, they had so much to profit from it. briney only got 10-20k or something ridiculous like that, the rest, the father had all the power over that.
is bhad bhabie or whatever the hell her stupid name is smart too then?
ugh i’ve been saying this for years - her career and her success has nothing to do with luck - otherwise she wouldn’t of came back again and again with another number one album. people are like oh she’s lucky baby one more time was huge, she’s lucky oops i did it again was huge. she can only be so lucky. she has talent, drive and works her butt off. what other sixteen year old in the world would be working 20 hour days doing recording sessions, photo shoots, working out, dance sessions, interviews, promotions, being a face of this brand and that brand, sitting for hours in hair and make up, having clients dress you. she worked her ass off and that’s why it’s heart breaking knowing for years she couldn’t spend her money when she worked her ass off for it while everyone else around her just leached off her. they were worried about her spending her millions so instead they spent her millions fighting her in court and trapping her and abusing her and forcing her into rehab.
she wants out of a conservatorship and posted essentially topless photos on instagram today. not saying she needs the conservatorship but don’t think she’s super savvy
this! homegirl was robbed of large portions of her boys most precious years. theyre both basically teenagers now.
no, she was legit off her rocker when that first happened. don't get me wrong her dad 100% took her hostage and exploited her due to it, but that type of thing does not just happen for no reason.
honestly, i’ve never heard anything to suggest she’s more unstable than a good chunk of the general population. she was unlucky enough to have a lot of people around her that wanted a big chunk of the action. time to be free.
unstable= controlled, abused, gaslighted, and shamed by your father into being a performing monkey under law for him in this case tbf.
i'm pretty sure you just described half of us on this sub. think she is a lurker on here?
i agree. i know unstable and smart people. they can do something crazy or stupid, but also outsmart a lot of people few minutes later.
you literally just defined the crypto world bro
conservativeship by an impartial party is different than her father riding her like a gravy train while her mental health goes down the toilet. fuck that guy and his lawyer.
she deserve to get out of it. her father dont deserve that trust
this is what i wanted to hear, thanks jamie.
doesn't matter either way. they cannot be all that secret if we're reading about it in an article online.
you think that old redneck bankrupt crawfish lovin bitch can figure out the 1st thing about bitcoin... he can’t but his $’s paying for probably can.
it seems like you don’t understand the tax laws very clearly if you transfer bitcoin in exchange for a product (essentially once that bitcoin is not yours and is someone else’s) that is a taxable event. so buying things even with previously bought bitcoin is a taxable event.
her conservatorship is ended
i see nothing that supports this claim. best info i have is that next hearing is in sept.
fuck that guy. honestly. imagine losing a large part of your life and income to your own psychopatic dad.
false, he just submitted a response to the petition to terminate saying he fully thisagrees that he should step down and will do so when “the time is right”
this fuckin guy thinks he is steven hawking for being able to log into coinbase lmao
rocket surgery. love it.
everyone can use bitcoin!
just another person who thinks they have the entire world figured out based on the media they consume that fits their views
he also got a 5-day ban. kind of a "i'll let you keep the candy you stole, but you're also grounded" moment.
really? thanks for that. i did not know that fact.
people would have been angry either way. since it was up for a bit with some thiscussion, i opted for pinned warnings, a different flair, and a temp ban.
yup - i've seen some fact check posts already calling this whole story out as horseshit.
britcoin ,420 end of the day ?
oh baby baby oops i should have dyor'd, got scammed all again, hodled until the end, oh baby baby
oh baby, baby. oops, got pulled by a rug and the devs only shrugged. they are not that innocent.
i'm not that centralized.
long live daenerys stormborn, the breaker of chains
ooo baby doge baby doge
there's a coin for everything you could think about
basically, her father has full legal control over her life ever since she was placed on a psychiatric hold in 2008.
thanks! have a moon, i do not like seeing zeros.
oh my oh my how the turn tables!!
your donuts make me go nuts
100% agreed best of luck to her.
"my bitconnect, is killing me yea ahh"
you nailed it especially with that username and moon count.
why is your name purple?
i do not see how, she does not own any moons
question that can also be counted is, who are those people behind the purchases? those britcoins are probably accumulated and now worth tons.
- first taxless coin
generally tax responsibility falls to the conservator. aka britneys dad.
confirmation bias through one celebrity. can't wait to see how much good crypto will bring in the future.
wassup my fellow crypto enthusiasts? you know anything about that address?
is that you, father?
always been that way, probably always will
never have. there are those that pay taxes, and those that *'earn'* them
the rich can suck my balls. crypto is for all.
relevant to your username and monero: i just learned about a privacy coin the other day called pirate coin. it's somewhere around 100 in market cap and is supposed to function similar to monero. best of all, it is ticker is "arrr", which is objectively glorious.
greed. her entire family is trash, treating her as a literal cash cow.
a small amount of profile stalking reveals you had a girlfriend not too long ago. they gender fluid?
this is fucking hilarious i can’t believe i read all the way down this comment chain to find you.
arrested psychological development. it's common in addicts who began using young and folks who went through trauma at a young age.
when will tik tok dancing become a criminal offence. it freaks me out.
there are ways to keep it pretty hard to track back to a specific person, but you have to know what you’re doing. most of the time, you just need the id of the persons wallet and you’ll see all their transactions.
it is to a point if you can connect a wallet to a person you can easily track every transaction they have ever performed. the only reason btc was good for hiding transactions which is the antithesis of its purpose was because people did not understand it. monero however is another story.
yes it is traceable. however when silk road was operating, btc tracing was in it is infancy. jumping from wallet to wallet was enough for user safety because law enforcement just did not bother with it. users would generally get caught trough the post, with only the big suppliers being targeted for cyber surveillance. big movers and small guys alike started to obfuscate their transactions by using things called tumblers. you would send your coins to an address (and so did hundreds of other people) then a process would automatically start where fractions of coins would get moved around hundreds of wallets. eventually you would receive your coins to one or multiple addresses which you controlled, minus the tumbling fee. imagine you and your friends pooling your money together and giving it to a clown to juggle it, except sometimes you end up being the clown because the tumbling service left with all your money. edit: just to add, the way people get idd is from cashing in. you use an exchange that has kyc (know your customer) you send coins directly to a market and then you have a direct line from your id to the illegal stuff. cashing out would be the same way except your dox is at the end of the chain. don't buy drugs online, but if you do, do not send coins from an exchange to the market.
because access to her kids and her money are out of her hands and if she does not perform like a dancing monkey those things get taken away. it's not even hiden in context, it is very obvious in her lyrics. i'm not a fan but her situation is criminal. free britney
haha i just got my first golden shower![gif](emotesnoomoji_packjoy)
there are literally tens of thousands of women posting actual topless photos online. should then be forced into conservatorship? let the grown ass woman do what she wants and fuck off
her dad supposedly would not let her have a bedroom door so everyone in the house sees her naked anyway. i love this form of protest coming from her.
my impression of the recent photos is they are sort of a “fuck you i do what i want” to the people who have been controlling her life.
yeah that makes sense. take a titty pic, lose your ability to self determine. very cool!
it’s pretty fucked up that a government official could keep her from enjoying her rights based on something as arbitrary as that. i mean isn’t she like 40 now? 18 year olds can do exploitive porn for peanuts, all day long, but brittany can’t post a sexy picture on instagram without becoming someone’s legal slave? fuck the world… i’m leaning towards nihilism again😔
you looked at the grown woman’s tits, but judged *her* for it… good judge of who’s smart here eh
why does it matter if she goes topless?
my girlfriend posts actual topless photos on twitter, guess i should have her institutionalized
you have a problem with the human form?
this exact thing happens frequently all the time for little to no reason.
you can literally apply to have conservatorship over someone without their knowledge and very little legitimate reason in multiple states.
exactly, a great many people are allowed to make bad decisions with their money which is their right. maybe she needed help, but if she was well enough to work after, then i think she was just being used as a cash cow by those who saw an opportunity.
all signs point to the fact that her father has just manipulated the situation. that's why he claims she needs him to look after her, yet allows her to perform and control the money she gets from it.
agree. she was punished for showing emotion.
if i was hounded by the paparazzi as badly as she was, i don’t know that i’d be all that stable either. millions of people aggressively pursuing somebody’s life, habits, and innermost thoughts since their childhood is not a recipe for mental health. speaking as a gen xer who is therefore partially culpable in this, i think we need britney to be better not just for her, but to assure ourselves that we as a society didn’t fuck her up permanently.
yes, i agree. she is not very unstable. i know a lot of more unstable people that have normal life and important positions.
she also was a child star. that fucks with people. i think the turned out just fine and the conservatorship is bull
yep. that's all this sham has been; a way to legally fleece her out of the money she earned.
well i agree with you on the unstable part, i do not know if i'm all that smart though.
also the "career conservators" that oversee hundreds under conservatorship, earn multi millions of dollars from it and spend millions of dollars in lawyer fees that the conseratees pay for to keep them in those chains... i do not have words, just rusty sharp spiked horny things that would not listen to you like you do not listen to them.
glad you enjoyed my tldr
monero really is untraceable and i really mean it not like bitcoin
would not make much sense but she probably thisclosed it for sone reason
that's exactly the issue, you can be dumb as all fuck but if you have major celebrity money at your thisposal it does not matter, you can pay people to figure it out for you
hey, crawfish lovin' has nothing to do with it.
only if you sell for a profit above your total investment. if she bought ,000 worth of bitcoin and bought ,000 worth of goods and services and hodled the rest, she wouldn't owe any taxes.
my point exactly lol if this is true, it would mean bitcoin can even help people stuck in toxic situations like a conservatorship controlled by an abusive person
yeah we already talked about that on the comments below.
my two factor authentication requires me to have a stephen hawking voice simulator open.
the problem is that it has a big competitor, monero, which is just way better. zcash isnt completly decentralized an to send a private payment is optional, so maybe 10% od all zcash transactions are private which makes them stand out.
have to opt into privacy. most people do not, meaning people who do opt in are more easily identified
no coelrom. it got reversed. there was a misunderstanding. thanks for your help as well. toxic podcast is the original source of this news. toxic has official accounting documents from every year of britney's conservatorship. this is the full transcript about bitcoin from toxic podcast word for word. "we also know from materials provided to us that britney had to hide even small purchases such as buying an app on her phone. **in 2014 she hid these transactions by using bitcoin. yes that is right. britney was using bitcoin in 2014** way before the f*ckboys on reddit were talking about it."
yep, well that is only for moons. reddit karma is unlimited so to say but you can only get 1000 moon karma per post or comment.
expect a massive bull run at this price point!
if she bought in 2014 than she made bank because that is the lowest bitcoin got 2013 it hit 1300, then dropped to 200-500 for the next few years then 2017 20k
moon me one more time
*laughs in brinance smart chain*
oops i staked some crypto again
who can say no to the iconic bitcoin britney
britcoin did nothing wrong!
i am deeply saddened and now my day has been ruined.
she melded all the broken chains together to create the blockchain. it's a historical fact.
fuck her father, i can’t imagine the pain that she goes through everyday.
just doing my part sir
bold of you to assume that :d
i'll tip her moons, but i only have the one
perhaps, she also joined
more likely that btc was used as a bridge and the receiving party instantly converted to fiat.
sounds like the start of a rage against the machine song.
john houseman: they earn it
this. by the time the conservatorship is annulled or whatever, i suspect she is going to be looking at her bank accounts to find them pilfered. if it were me, i wouldn't care about the money as much as the fact that i was enslaved, abused and legally robbed of my money and freedom by my own family because of the government.
well they did say that they were psychotic.
why would you do that?
to be fair, their point stands even if they are lying: it does not have to be one or the other, you can have both. the same applies to the root comment: why cannot she be an intelligent addict? wouldn't "james bond shit" be evident of intelligence? and even beyond that: she could be gathering the money for things other than just her addiction (even if she might end up losing more of it to her addiction than she might want).
just saw your comment on r! first time i’ve ever seen one in the wild
'just' their wallet id unless they give that to you witting or unwittingly, it is nearly impossible to know.
wait a minute…. “because law enforcement just did not bother with it?” i call bs on this statement. no one heard about the 2 fbi agents embezzling money many years ago through bitcoin and holding all their shady cash and illegal money in it? then the fbi caught the fbi agents after catching them stealing bitcoin.
u.420 pee and the second ;)
that is exactly what she is doing ...she is even said that is what she is doing ...taking back her life and doing what she wants no matter who it bothers
yes i’m saying that’s not a great attitude to have when you are not in the position of power
so you admit she was unstable. glad we agree.
i think that is a very good point.
that's not what i'm saying. how hidden are her transactions from her dad if the entire world is reading about them on a blog article online? answer: not at all.
that or it was thisclosed in a court filing.
um excuse me crawfish are delicious
its crayfish where i'm from.
the taxman is definitely coming after you
guess he decided he was not going without a fight.
oh the ban got reversed too? congrats!
i'd imagine she was not one to hodl since she was using it purely for purchases.
i'm kinda hoping she hodled
i must confess, that my thirst for moons, is killing me now, don’t you know i still believe, that moons will be here, and give me a sign
you'd have to be *toxic* to say no to britcoin
yeah its called cumrocket
she seems to be doing much better in the last couple of months. can’t wait for her to gain control of her life though. and the drama frog in me can’t wait for the lawsuits against her family for using and abusing her. she’s already doing much better but i can only imagine how good that will feel for her after they basically drugged her up and enslaved her for years.
she could be an r
i’ll throw in all of my moons on top of that! together, we have one moon
ah, another brilliant comment nobody will ever see because moons.
or system of a down
yea that shit sounds like modern day slavery. i can’t imagine that at all and probably would go crazy if i was her. and if she wasn’t crazy before the conservatorship i wouldn’t be surprised if she is now considering how long it’s been ongoing
cause reddit, just like rest of internet, is full of people that claim most various shit to show off as "trust me, i've experienced it myself", while actually being just lying sacks of shit. that's why subs like r.
i'm glad you can be fooled into taking advice by anyone then.
well they have a gf, they claimed to be a doctor. the great reddit gods reveal all :
verify information? because he is not a piece of shit waste of space who believes anyone about anything. you should try it.
... seriously? once you determine a single purchase and associate and identity with it, you have the entire transaction history in the public ledger. you cannot generally know exactly what was paid for but you usually can have a good idea based on the destination wallet.
yes law enforcement did not care about small time buyers. they did not spent the resources of their cyber squad to track . they very much did care about the marketplace admins and the big time buyers. maybe i worded it poorly in my original comment. the two officers you mentioned were shaun bridges and carl force. highly recommend people look into the whole ross ulbricht and silk road history and his downfall. it's straight up 21st century cyber mob stuff.
i think the term unstable is too broad. would a stable person randomly attack a paparazzi no, however how would the average person (even yourself) react to having someone 3 feet from you flashing pictures for years? that was her fight or flight acting up.
because she was not using monero i do not think you understand what you're saying... monero is the only crypto in the world that i know of that actually fits the cypherpunk manifesto. it's 100% untraceable and will one day be the biggest crypto out of all of them because of this feature. it makes it possible to show your identity if you want to but its not traceable like the block chain from bitcoin or any of the others. seriously if she would used monero there would be no one finding out about it unless she wanted them to.
people from louisiana write and say, "crawfish."
lmao, what a scumbag of a dad is that.
but those sats bouncing around the slush fund may have appreciated quite nicely
moon me baby one more time
did you see the other day when she bought her first ipad? something that should be so simple for someone as successful as she is, but that clearly brought her so much joy.
when i'm not hodling i lose my mind
wow this is really starting to add up! imagine how many moons she’d receive if every redditor with no moons decided to donate all of theirs too!
lol it is not that i take advice from everyone. i just do not get why you would stalk someone to check if they are psychotic or not.
wow very cool thank you for clarifying
we've had decades and decades of child stars on tv, how many lost it like she has? the difference is she had a terrible family that took advantage, that does not thisregard how she got there. she was a full grown adult with 2 kids by the time she had her meltdown. edit - in 2008 she was twice admitted to hospital under a temporary psychiatric assessment ruling, including after an incident in which she allegedly refused to surrender her sons in a stand-off involving police. unstable
3 feet is the height of literally 0.53 'samsung side by side; fingerprint resistant stainless steel refrigerators' stacked on top of each other
i know words are hard, but if you keep rereading the previous comments hopefully something will click for you. what does it matter what kind of crypto she used to secretly spend money if the whole world knows she was spending the money? that makes the secret null and void, defeating the whole purpose of it being secretive. as for your monero fanboy plug, monero is not untraceable. anything transacted through a computer is traceable. whatever your favourite coins is has no bearing on whether it is future proof or magically untraceable.
no doubt. i have 4 little girls and could not imagine acting this way.
guess she is been stacking em sats longer than most of us
avid boating enthusiast you mean ?
hash me a sign, bitcoin baby one more buy!
"stalk" lmao. it's public information of their account history. i think it is a fine way to spot liars and deceivers.
depends if you beleive what anyone says on reddit or not. fact checking isnt stalking.
"you can fill me. i'm in public" thats how stupid you sound right. ow.
bruh. stalking is different from peeking at someones reddit history . lol
i mean here is a list of them for you i remember all that stuff with her happening and i thought she was batshit as well and the police stand off is not a great factor but again you need to have an empathic view, she loves her kids and any good mother would try to keep them. hell there was a story in the news recently about it with an american idol contestant.an unstable person is considered a threat to themselves or society.
i love knowledge boxes. know everything and nothing all at once. ring signatures are like a transaction mixing pool that can only be decoded with the view key or the seed, obviously. there were still stealth addresses and confidential transactions, so it would have been pretty hard to track anyway, but ring signatures made it that much harder. it would be pretty much impossible to track a monero transaction without the view key. especially if a user split the funds (say a 20 xmr wallet sends 6 xmr to one address and then 14 to another, then recombined them at another address.) monero’s really fascinating tech.
be advised, the website cointelegraph.com has proven to be an unreliable source of information. *i am a bot, and this action was performed automatically. please [contact the moderators of this subreddit](/?to=) if you have any questions or concerns.*
i'm familiar with the ciphertrace stories and those articles seem to be more of a scare than an actual development that threatens monero's protocol in any significant way. however, you are correct about computers in general and future possibilities which i'll explain in a moment. however, the remark about "magically untraceable" is fallacious as it is scientifically and mathematically challenging to crack the protocol not magic. as a secure financial system it is sufficient enough but everyone should always have to consider their actions in regards to the consequences of abuse because nothing is future proof. there is no such thing as 100% in security but it can get pretty damn implausible and monero is as secure as it gets to date in terms of cryptocurrencies. the point about computers is more important for two reasons: * opsec present challenges (social, backdoors etc.) * future developments (in quantum computing, ai, unforeseen etc.) these apply to pretty much anything online. i do not feel like elaborating anymore but freedom and responsibility must go together.
he's a sociopath, no other explanation
most of us did not start stacking sats until earlier this year
good for you” ah how nice
oh bitcoin baby, how was i supposed to know
i think you are a bandwagoner. the beetles commenter was the one to admit they were stalking. you make it seem like the edgeweeb guy is being super defensive. he just asked a question.
there is zero verification in this thread and sub. the title of this thread is a failure (or neglect) to verify information. that turned no heads but someone offering a pretty vulnerable admission (if true) needs to be immediately debunked and lambasted? at best, you're inconsistent, at worst-malicious.
she was in and out of hospitals and rehab, police stand-offs, public meltdowns, that is a threat to herself, and everyone around her. if my wife did this with my kids and i'd be saying she is unstable and take the kids way.
i'm not a bandwagoner, i just was not paying attention, my bad.
you are right she is unstable.
anyone who goes in and out of hospitals and rehab along with police stand-offs and public meltdowns is a treat to him. =)
sorry but i have to be that guy. it's effect not affect.
it’s gonna be the boy who cried wolf affect soon
people love him if he hypes their coin, hate him if he hurts their coin. i think his influence is exaggerated but being one of the wealthiest people on earth with two major corporations at his back means he will always have influence.
you can bury your head in the sand and pretend this click bait title is true all you want. the reality is musk is likely to influence crypto prices for years to come because there are millions of people that let him live in their head. this post is as stupid as saying the kardashians will have zero affect on fashion or reality tv soon. wishing it so does not make it true. a billionaire with huge quantities of crypto purchases that also has his companies investing in crypto. ya this guy will definitely just thisappear and everyone will stop reading his tweets .
isn’t it interesting how a single tweet can have effect on a decentralized currency in the first place? i hope it becomes immune to such clownery. it sure has tested the resilience of crypto.
the other whales must be so happy that they can swim in the shadowy depths , moving waves 🌊 while elonicarus flies to close to se celebrisun and makes a twat of himself. all the focus is on him, and the whales are loving it.
i do not get this. you can obviously not like his blatant "legal" market manipulation, but this sub is doing literal mental gymnastics if you think he does not have a very big influence on prices when he is drumming up support. this sub literally had posts praising him not too long ago when he was driving prices for btc and doge up. i do not exactly like it either, but some of you are in complete denial of reality.
people are failing to recognize that monday was tax day in the us and a lot of crypto boys and girls likely waited until friday to realize they owed. i think elon recognized an opportunity to multiply his pressure and manufacture a dip so that he.
i hope he stops tweeting about crypto soon . it would be best for everyone .
people need to remember elon has made such great predictions as: "zero new covid cases by april (2020)" - elon, march 2020 and "but before 2050, i think we will have settlements on both the moon and mars.” you know, those two rocks that are completely uninhabitable, have no sources of water or means of agriculture, and long term existing on them is basically assuring your chances of getting cancer due to limited protection from radiation. the iss took 10 years and 30 missions. that and the whole wanting to build a single person submarine to send into a underwater passage so narrow, the divers had to take off their oxygen tanks to get through the narrowest point. the guy is not exactly a prophet. he's not some tony stark-esque technological prodigy and realize he is just a ideas man with money and the level of narcissism as comic book tony stark. his best traits are how much money he has and his sense of urgency to shove resources at projects.
we can only hope he becomes irrelevant; it would help if people stopped posting shit in here every day
how is it exaggerated when the price moves exactly when he tweets?
imagine thinking a billionaire wants you to become rich.
there's waaay too much 'analysis' that basically boils down to putting 2 facts adjacent to each other in an article and people assume cause and effect. i jerked off twice yesterday (rare, i'm old) and we had a huge selloff.
i hope that is true. i am kind of tired of the entire market hinging on what a few bored billionaires have to say about it.
yeah i'm getting more and more tired of him. after seeing him on snl really confirmed my belief that hes always lived in a fantasy world and has no idea how to be empathic or connect to other humans. people really need to realize the only person he cares about is himself
people will eventually learn more about what they invest in to not be sway by him or anyone else. hopefully
it's pretty sad really. i used to have so much respect for the guy but this past month has made me look at him very differently.
agreed, hes a bilionaire why the f is he manipulating the market, he should stick with his projects and not fk up the market costing milions of people to lose money
lol apparently people on this post are not aware of the bots that are monitoring elons tweets. i estimate between 10k and 100k bots that buy depending on what he tweets, mostly doge. when he tweets doge its usually about a 20% spike so the users of these bots have done very well for themselves with this tactic. i wouldn't expect this trend to end anytime soon.
no one person should have as much sway into crypto as much as he has. even if it did not affect the price, it did affect what people bought.
thank you! i cannot wait for the day his tweets mean nothing so he can shut up for good
that would be great, but i do not think it is gonna happen that way. he is like a god to a lot of people.
i hope so after this whole fiasco this week. i know he wasn’t the sole purpose of the crash but his fucking tweets are just annoying at this point. he’s causing a hell of a lot of damage to people by manipulating the market.
eth is recovering and i guess the whole crypto market is following suit
the media saying it has an effect has more of an effect than elon's effect himself.
so it’s just a coincidence doge has shot up when he’s tweeted about it and that it plummeted the night he was on snl right after the show started?
i just pulled outta doge coin, i’m not playin his god game. he can like scrodum 👛
just get btc low enough for me to be able to buy one please
fuck the elongated muskrat, dude will end up in jail on the same charges as john macaffee. blantant market manipulation is not okay poundshop tony stark. stick to buying out companys and then "saving" them on the backs of all the hard work of your employees. ' get in the bin.
elon was not the reason for the crash maybe for 5% but not more. the crash was due to leverage trades causing a snowball effect. thought this was already well known in this community
people will never realize it, they’re looking for a new trump and now they’ve found him. it’s the same kinda people, they don’t know how to ignore what ruins their mental health and spew this shit on everyone else. gotta learn to ignore it .
one of the major factors for the dip is definitely china banning its institutions from dealing with crypto. imagine the number of people selling there because of such huge news.
alot if people seem to think that he had some kind of plan to buy lower or he has some kind of a plan for doge or something like that... but i really do not think that even he puts any real thought into it at all...
i also think this, he does not have much impact as we think he does, with every tweet his relevance decays
but... the price is mostly based on what people believe it is worth, having no intrinsic value, so if people base their believes on a loud billionaire's opinions... then he has an impact.
we should ask him if he has any connection with the bogdanoff brothers.
what if, ok hear me out, what if he is timing his tweets with predictable market swings? he might not know much about crypto but he could easily hire professionals or use ai to predict trends, then tweet about it, and when it happens it appears as tho he impacts the price. it’s a fucking flea circus! buy bitcoin in the beginning of a bull run = elon’s a genius! he’s moving the coin! tweet about energy use when the market is due for an obvious correction = omg what power over the market! what’s next? btc is gonna hit new highs so he says (drum roll) “tesla has diamond hands”.
idk what is better, elon's doge tweets or the r"who's still hodling?" getting tons of upvotes.
i would think elon musks wealth is a grain of salt compared to btc
elon is such a troll.
and not just elon musk's tweets. if crypto intends to be a serious market, then the entire moon.
elon just likes to be dramatic for media attention. he essentially has to, to keep his investors in his like 6 businesses.
thank fucken god! i’m tired of explaining to people i know talking about fucken doge coin! and i always ask them one questions. what do you know about doge coin? what tech is behind it?, what other future innovations can it be used for? and people stare at me like a fucken deer in headlights. you’re throwing 10k into something you have 0 knowledge about besides “it’s a great investment to make money in. it’s the next path to getting rich”
it was a 1 - 2 punch between him and china fud. but this is not the first time we saw this . made a video on this exact topic if anyone fancy a 9 minute watch. easy to follow informative and entertaining. elon sucks
this guy even has a candle named to him... the elon candle. way too much credit for the dude
elons magic fairy finger. will thisappear in crypto one day. all he is a crypto manipulator. he scares the market, so he has a better opportunity and he motivates the market so that he can sell at peaks. the sec will one day screw this guy and everyone else whose a business owner like mark cuban who also manipulates markets. i think owners with businesses in the nyse with a net worth of over 1 billion, should not be manipulating or saying things that could impact crypto markets. it's already volatile the way it is and it is not 100% regulated. as you already know tesla will soon have competitors under its sector, and i believe some of its market share will trickle down. furthermore, i wont be surprised if tesla sells its first limited dogecoin printed vehicle 1. to recieve more pr and to push dogecoin further so he can make another couple of billions. if you have a net worth of 1 billion or more. you should not be manipulating markets period. (in other words, using twitter, and other social media to push something with no intrinsic value).
elon is truly this cycle's mc afee. each cycle is a slight level-up. i wonder who will be next... 🐷
elon musk should not be able to influence a shit down the toilet
elon makes a tweet and bitcoin prices get directly impacted... reddit be like "elon's tweets actually do not impact the market at all!" and it gets upvoted to the front page. delusional
i mean, stop mentioning his name. he's a clown that loves dogecoin, and cheap bitcoin.
and then one day satoshi nakamoto himself exits from the shadows with some btc update. imagine the spike.
i didn’t read the article but let’s be real... that’s a crock of shit. dogecoin is a total shitcoin and millions of people ran out to buy it and they didn’t run out to buy it because joe down the street said so they did it because elon said it was the next big thing and they trust him. also, on bitcoin, a company teetering on a trillion dollars accepting it as currency is a big deal. him pulling the plug is a big deal. so yeah. he does effect the market. like it or not. that being said. i’m not selling shit and if you’re smart you won’t either. bitcoin is the future of currency and it will adapt and change. if you think it’s not true then sell it.
or if us smooth brained apes would get stop making decisions based on someone’s tweets.
i dont understand, the fanboys of elon or crypto?
if everyone was not a tsla fanboy this wouldn't be a problem. the sooner everyone realizes we're letting a **fucking car salesman** tank the markets, the better
he is actually shooting himself in the foot lately, and big-time!!! a few months ago he had 'the people' supporting him. but that is changing really fast!
his 'tweets' only affect rookie wannabe day-traders looking for instant gains. us long term hodlers do not give a flying horses fuck about his social media posts or snl sketches.
lmao, this post is massively upvoted and decorated with awards. but apparently noone read the article, which perfectly examines how much freaking impact musk had on the market. and it does not come to a surprise, since the outcome of crypto as a whole is totally uncertain with very few impactful use cases till date. the whole value is based on visions and trust in future technologies.
this “article” is shit.
i could not agree more. the guy is an attention whore.
it's a nice thistraction, so to speak. "hey, get mad at this celebrity" so then people are not noticing the whales manipulating the market, which is happening on a whole other level. also fools gold, at the same time in another way. he is a form of a whale, so some people think they have the correct target in their sight lines. best thing is for people to ignore the thistraction. but then of course, the us is celebrity obsessed, so tough. (can only speak to the country i live in, i know this is larger than one country).
the effects of his tweet for doge today were pretty underwhelming. i think people are already over his tweets.
fuck that socially awkward idiot. he doesn’t care about the working class.
as someone said in another post, crypto has to overcome this type of manipulation to succed, if it cant then it shouldnt succed
it's exaggerated by the press, but then when you see the fanboys on reddit -- which also overlaps a lot with crypto investors -- you understand why it even has an effect when it should not. i do not understand this stupid mindset of people that think that the wealthy like elon are out there looking out for the average person.
literally everything is priced at fire sale prices and it is driving me crazy $)
half of australia think he is the creator of bitcoin... there is a long way to go
weird how all us long holders have been saying this from the start. this is what happens when you have to many followers and. this is a long game. buy & hold that is the game.
i apologize if this is a dumb question, but can someone tell my why btc,eth and ltc charts all look the same right now? almost as if someone is manipulating them...
i wonder how well this post is going to age once we find out he created bitcoin lol
you mean bitcoin isnt centralized around elon??
elon has always been a narcissistic piece of trash. about time the world realizes that
people adapt and they learn. there's only so many times you can artificially crash the market before people wise up.
crypto being “decentralized” even tho 95% of doge is owned by 125 wallets 🤡
there’s always news you can attach to market price actions show me the charts and i’ll tell you the news...
why do so many people use affect instead of effect? my mother tongue is spanish and it is "afecto" and "efecto" but nobody says it wrong...
i dont get the tenses youre using. are you saying he isnt the one *affecting* prices currently or he wont be able to soon? what does the state of realization of his fanboys matter then and why *the sooner the better?* is this just a sour grapes post or do you have some new take?
i'm only here so my posts do not get deleted 😂
lol the upvotes on this post speaks for how the masses think. we agree with the sentiment of the article. i can see by reading the comments that this realization is triggers many elon-haters here 🤣
citadel. crypto tanked, retail panic'd and other institutions bought the fire sale
this will be the best thing for crypto. no individual or company should influence the value of crypto. once this nonsense is sorted out it will benefit us all.
unfortunately seems like he can still make prices go down but not up
is this a liberal shit hole?
musk going the trump way, tweeting himself to irrelevance.
let it be fun! bigger things to put your brain on in times like this
fuckin love ! all other memecoins can run into traffic already- it is too much! might be the exception cuz gorillas are cool. made bank both times, charts were beautys and elon always hit at the right times. hope yall are re-stackin' doge cuz i see, not only listing, but and a list of tweaks and solutions to make it the easiest, most fun, entry level way to get into and this new transition. coming by years end, thnx elon & the shadow coder crew. that's my theory and i'll check in december!😉😁💪🚀🚀🚀
people who follow elon shouldn’t have any coins. no fundamentals and not technical analysis, just gamble.
everything is exaggerated by the press in our time. i do not even know why people still read news websites or why they still exist.
the more frequently he tweets the more likely the impact will lessen over the long term. if it is sporadic fud, i feel it is more impactful on the market. people need to get used to the idea that musk talks through his ass sometimes, just like the rest of us.
well shit all’s! im so stupid that i can’t understand what the person means because of misspelling. i’m sure it’s something racist. off with they,them, that’s,his, hers, it’s head. fuck! i’m so stupid and confused. and why does it( spelling,grammar) mean so much?
i'm glad this post earned you a bunch of awards, but fact is - he does have an effect on crypto. we may not be able to quantify it, but downplaying this helps nobody. saying it is "exaggerated in the press" is all in the eye of the beholder. just because you do not want it to be true that his fanboy following impacts the price, we have all seen firsthand his influence. i'm glad you're optimistic that the fanboys will come around. i'm not.
wonder what the karma value is of this post. nice. lol
buy !! it’s changing the nft space fastest token to get listed in just 5 days on coin market cap and and it’s tech just sent out 44 nfts to holders in literally less than 1.2 seconds only costing 🔥🔥 day 11 on the project
+ comment karma so i can post
all this post needs is a comment from elon and its upvotes will go through the roof! 😆
people keep saying that...wait till tesla starts acceptiing doge lmao
elon musk is no more than a market-manipulating asshole
when i read his book i felt shit about my life, then i thought if someone wrote a book about my life and i could influence it i’d probably look like a god despite being a complete loser.
no, but they seem to signal institutional investor behavior. they are probably using it as a cover and may even know when it’s coming.
elon musk tesla's dirty secrets. -about half the lifetime carbon-dioxide emissions from an electric car come from the energy used to produce the car, especially in the mining and processing of raw materials needed for the battery. this compares unfavorably with the manufacture of a gasoline-powered car which accounts for 17% of the car’s lifetime carbon-dioxide. -when a new ev appears in the show-room, it has already caused 30,000 pounds of carbon-dioxide emission. the equivalent amount for manufacturing a conventional car is 14,000 pounds. -carbon dioxide emissions of evs depends on the power-generation fuel used to recharge its battery. if it comes mostly from coal-fired power plants, it will lead to about 15 ounces of carbon-dioxide for every mile it is driven—three ounces more than a similar gasoline-powered car. - ev subsidies are regressive: given their high upfront cost, evs are only affordable for high-income households. it is egregious that ev subsides are funded by the average tax-payer so that the rich can buy their evs at subsidized prices.
are you delusional? elon musk is the most influential person outside of politicians in today's world. he pointed to a massive problem, that was actually pointed to him by some other influential people a month ago, and elon acted. is mining good for the planet? no. then fix it.
my issue is musk is a billionaire fucking with the little man's money... he's a complete tool.
it’s the joe rogan effect, some jackoff who figures out a way to sound cool and finds the right set of thistribution channels for their deep or smart sounding words. but eventually, they fuck up enough and fuck over enough people, that they slowly start to show up as the blathering idiots they are. they can still be successful as fuck and media will keep thistributing their idiocy but the average person will move on. edit - typos
unless he says something positive about crypto in which case we will think he is awesome 😎
i do not think he has that much power to affect the market. folks are ascribing arcane powers to this ork. there are other, more tangible reasons for market movements, but sure, it was musk. he does not t really even know what he is talking about. "i did paypal. i know all about money systems." except he did not. he just took credit, like he always does.
i do not like that musk
he does have some small impact whenever he tweets, but i don’t think he really causes any big swings in the price
everytime i see youtube algorithm promoting him, i immediately click uninterested or do not recommend channel depending on the content. it helps to demote his presence in crypto and promote more relevant channels. been getting alot of meaningless motivation.
he has a very punchable face
pretty timely considering he just tweeted like 30 minutes ago and doge did spike, but not that much, like 2%.
not true at all. 90% of crypto is me too coins, gross speculation, and hucksterism. everyone knows it, but keeps dancing in this pump and dump cycle to make money. the very nature of the commerce absolutely enveloping crypto now lends itself to influencers and the worst aspects of social media. he could grab any coin and pop it with one tweet. jesus jake paul could pop a no name coin. there is no decrying elon's influence without then admitting how much of this is absolute horseshit lol. doge coin? to da moon!
elon's effect on many things is exaggerated by the press.
keep starting articles with "elon musk" and thats sure to be a reality, you loser.
elon musk everything is completely ballooned into ridiculous proportions, in the media and elsewhere. do people think that because he smokes weed and dates a dj, he is someone one of them? unless you were born into a wealthy emerald mining family, elon musk is not one of you.
he does have bad affect.
i’m praying that this day comes soon
unfortunately in this era, 1 sucker out is 2 suckers tomorrow
the sooner crypto decouples from this clown the better.
elon will fade away just mcafee did, give it time. his whimsical nature and sweaty fingers will wreck his fan boys time and time again until they realise they have been played with. i am particularly looking forward to tesla's interim quarterly reports, a lot of negativity around that. my concern is will crashing tesla stocks have impact on btc as well or is btc a planned hedge against the upcoming thisaster.
his stupid remarks have cost me a lot of money in not just crypto, but tesla stock as well.
why do you think this when people like john mcafee were able to cause swings with tweets for years after we all came to terms with them being a crazy meth-head rapist? it feels like this goes against your hypothesis and anyone with a platform will have power here. honest question, really!
exaggerated by the press... maybe you just missed it completly but the press has nothing on the crypto social media implosion of negativity! most retail traders react to market sentiment! how do they track and judge that market sentiment... social media! social media echo chambers exaggerated musk's statements. social media made assumptions that got picked up by others in social media until it spread into a fud echo chamber! posts like this are what keep the negative sentiment in the forefront. i know you want see it the same way op and you would be in the majority... just look around at all the other social media posts. can't see the problem from inside the echo chamber, right. and que the down votes because this opinion does not align with the sentiment that the majority perceive... and people cannot see past their emotional response to see the very problem they think they rail against, is actually themselves and the majority of retail traders like themselves.
you're wrong. it has an effect because bots track his twitter feed and buy everytime he mentions it. it makes a small jump and then some people follow. the bots then sell crypto to the humans who follow making a safe profit, whereas the humans take all the risk.
people like to think it is him, but his effect is actually minimal. if you start comparing the graphs, like some already have, we're eerily close to what the 2013 and 2017 bull runs looked like, even down to the dips being within days of each other (this last dip was 1 day past 2018's dip). i'm absolutely shocked people are falling for this narcissist, but reality is, it does not seem to be much of an issue outside of doge.
will it though? if anything it has proven his ability to effect the market and more people will pay attention to play the market
tell that to the doge community. they’re starting to interpret things like q-anon. 😅
yes, let us fake till we make it that way. *wink* *wink*
elon is dead for me
nobody will ever take him seriously in any field.
very true. i think elon had little to do with the crash. the market was massively overheated, coins pumping because of dog logo’s is an example. i see the market as pouring a beer; if you pour too fast, foam will rise and you have to skim the foam. that’s exactly what happened yesterday; many leveraged traders (the foam) got executed
bitcoin is the ultimate shit coin, and elon is able to effect market because people have no idea what they are putting their money into because they are morons and lazy
why bother with a currency, that jumps up and down regarding what elon says ? stop whining. btc is a sh\*tcoin and will have to go. just like napster, pirate bay, myspace etc. it will have to thisappear for better alternatives.
you guys complain too much
sorry but this headline is not true. he's clearly triggered a crash. as much as i loathe him and think he is a complete narcissist, clearly his power over his followers is currently affecting the price (i think of them as brain-dead sheep). his influence will dwindle to zero as crypto moves out of price thiscovery mode as we move along the adoption curve.
effect. effect. not affect. our education system is a complete fucking failure.
you can compare the recent spike with his tweet is becoming irrelevent now
no, the sooner the haters realize this, the sooner you can get on with your lives. elon is elon. get over it. this is decentralization. there are billionaires, loud and quiet, affecting price. i can’t wait until the “og’s” just get on with their lives and get back to sharing information and teaching us what they’ve learned over the years.
cleary he’s making money in a unregulated market. he do not dare to make the same statement about tesla or he will be under investigation by the sec in no time.
clickbait. cool—does anyone really fall for this? anyone sold on this writing?
shouldn’t we be more worried about the planned bloodbath we just had. elon is just a grain of salt compared to that?
it's a self fulfilling prophecy. people believe he has power, so they act as if he does. by them acting as if he does they give him more power. omg, that sounds like the gods from dnd...
tldr; tesla ceo elon musk, who has over 55 million followers on twitter, moved the market with a single tweet on wednesday. the electric carmaker co-founder said tesla has “diamond hands”, implying that the auto company would not be parting with its .5 billion stake in bitcoin. bitcoin plunged by around 10% soon after the tweet. however, musk later clarified that tesla will not be selling any coins. click for more news about [bitcoin]( *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
his fanboys aka doge hodlers
my guess is that... elon’s next tweet is to announce soon that his tesla company now has a division focusing on crypto mining using clean energy with his solar city ...
he'll eventually have better jobs and will leave. just like mcafee
so true. ppl always pick the easiest reason or the simplest solution to a problem or which is even more prevalent... following a narrative.
finally somebody said it. i like elon, i like doge, but his tweets have not really had much of an impact since mid march.
well if anyone’s wondering why it’s going up, i told my grandma bitcoin isn’t real it’s just a funny joke i made online when i was 10
yup, the real ogs are the whales.
i feel that he is been testing the waters of his influence. but, yeah, each time he does something like this, the less impact it will have.
it does expose a weakness in crypto that in my view requires a fix, i wonder what a patch might look like.
it’s dangerous to even give this man the appearance that he has this power with how narcissistic he is
imo this dump was last breath of his twitter manipulator career . he want to bought a lot of btc and other coins for the last time liek this . now we will see elon making few % fips for entry ,nothing more. maybe last one corinated twitter bullish posts like 10 people at once + elon then dump their btc at once on us . if you want sell on 120k...sell on 110k . yes,i believe that we shot out above 100k,people like elon brings with them a lot of stupid money into the game ,they will be buying at all prices :)
that had to be moon farming. i swear people will comment anything now that moons have been introduced.
john mcafee went through the same cycle. his first tweets sent coins soaring, later tweets had diminishing returns until they were just outright ignored.
news sources often over simplify or like to show one clear cause for things like this so incredibly complex things can be squeezed into a headline. most things are more complicated than news sources typically portray
the impact of his tweets is starting to narrow down into a triangle. we will break out really soon. very bullish
what if elon's tweets had absolutely no impact on the price and it was just poorly timed with the ongoing wyckoff thistribution?
can’t wait for this day. too many sheep in this market. wake up you fools!
the market are starting to.moving up. don't think it has anything to do with tweet.
the sooner the haters realize this the better, too. if you're an actual long-term hodler, there is no reason to cry about elon's tweets.
unfortunately i don’t agree. crypto isn’t a mature market yet, and guys like him are going to have way more pull than we’d like for awhile. regardless of his credibility, he still has money and he still controls a massive amount of bitcoin. it’s going to be awhile before these whales - elon included - lose their grip. right now crypto is much easier to manipulate than the stock market, but the more we grow, the tougher it gets for them.
at the the moment he pulls the strings
i honestly think that if elon musk tweets about the toilet he shits in his fans will invest in the company that made the toilet.
if crypto wants to be decentralized it cannot move based on some people opinion or countries decisions.
i am just mesmerized by the fact that he had someone from his staff (guessing here) make a one dollar bill with a doge on it. what a world.
don't wanna be that guy but *effect.
maybe tell that to doge which spiked 18 percent past few hours since his tweet or has gone from 6 cents to 60 cents which is about a 600 percent increase
this. he's being used as a smoke screen while the real people are doing this without being detected.
it was never his tweets that influenced the market, it is the millions upon millions of people who like and live by his cryptic tweets. now that public opinion on elon is shifting this could potentially change, let us hope it does.
because its fear and greed that moves markets
nah man, this is just what happens when you own a massive chunk of the pyramid.
elon sorry but you brought this on yourself 😔
this is the exact same as mcafee last bullrun, by the end his tweets didn’t pump coins the same and they eventually did nothing
news 18? what is this source? this is only getting upvotes because it’s a “ i hate elon” post
while i think elon musks retweet’s are kind of ridiculous and self serving i think the healthy corrections are actually good for crypto. might help create a more sustainable long term bull run. the fact the bitcoin feels really low at 30k is insane. bitcoin needs slow consistent growth
i can’t imagine this guy being much fun in bed if the way he farts out daily is anything to go by.
i understand this concept, but it is insane that one man's tweet was able to crash the market for crypto. if not him, someone else, or some other event in the future will have the power to wipe this market. i love crypto and have a lot of dogecoin and some cardano, but i'm very bearish about this market. i feel as if these currencies will never actually have stable, viable value and the price changes per day make them unsustainable. they make literally about 30 new cryptos per day, what realistically gives one actual value over another besides ingrained popularity that could flip as fast as the price after a tweet. it's only a matter of time before corporations and governments make their own cryptos.
well i totally i agree with it, but the problem it is not gonna be him per-se. when his own tweets do not move the market anymore, the guys who replicate his tweets and sentiments on news articles, blog posts, other tweets, commentaries on pornhub are gonna have some impact too. but it is the market being the market. tbh im having fun :)
dude playing with other people’s money for fun, everyone mad
definitely a case of diminishing returns but to suggest he has not had an impact on the price (doge particularly) in recent memory is not true. ' people act like crypto being tested like this is a bad thing but it is a necessary thing if mass adoption is to go ahead.
i'm interested in who's gonna be the next scapegoat
the only reason he gets away with this is because crypto is unregulated. if he did this with securities the sec would fine him. in fact, months ago he tweeted "jokes" about tesla stock and the sec was on his ass.
its not exaggerated by the press, its created by the press
let’s be real. last month people here were considering this man gods gift to crypto.
you know he is sitting reading these threads like... hahahahahahahaha idiots.
no effect? this is delusion. literally anyone famous or with any clout will move the markets. there are bots that trade based on sentiment, so if people talk about it, it will come true.
i think what's interesting about the tweet is that the information was already priced in. markets did not react to the tweet so much as it reacted to the reaction to the tweet. all musk needs to do is work with someone with large bitcoin and othe rcurrency holdings and to have them do a dump immediately after he tweets to simulate a reaction. others looking to stop losses or take profit fear a fall and so they sell - creating a self fulfilling prophecy.
what a megalomaniac piece of garbage.
leave people think what they want. if it had to be like that then it is the best for this market.
will this be the last em post on this r?
the muskrat is the mcaffee of 2021 and he knows this himself, realizing his irrelevance in crypto in a flash. he must feel so emasculated that he is not the father of crypto already. he's plotting his next stunt of manipulation in his lair in bellaire like some comic book villian right now
can kind of tell by his doge tweet this morning, yeah a little gain but nothing over dramatic
hopefully sooner rather than later. sick of seeing his face plastered all over the place alongside uninformed opinions.
order of events: - musk hires developers to tell him he is bad at math and cannot change doge's infrastructure to his demands. - musk attempts to fire the creator of doge only to find out he already left on his own volition. - musk annoints himself imperator. - musk rebrands doge to muskcoin to realize the only appeal of doge was in the name, causing the coin to plummet 98%. - musk convinces tesla to invest in green muskcoins to qualify for a massive tax benefit. little does tesla know musk is literally talking about physical green coins. - musk gets richer. everyone else loses.
it’s not him it’s a collective of all these powerful billionaires who use news to fuel the little movements they create
as much as i like to believe this is true,it simply isnt and i dont see how it will change,the chance for his tweets to not cause any harm to the market is the same as believeing that one day people will stop investing in meme coins.his last tweet today about doge was at 11:41 cet,just check doge charts in a matter of 5 minutes the price went from 0.36 per doge to 0.42,if anyone trully believes that his tweets are not influential you are just ignorant
in the thumbnail pic is elon staring at btc like: why the fuck isnt btc obeying my tweets?!
he gained a lot of haters
they tblaming elon cuz whales taking profit and 🧻👐🏼folding...shut up and buy the dip...welcome to crypto
folks are so gullible now days. smh! lmao it will all be over soon.
the correlation is currently very strong though if we are going to be honest.
musk is proof that just because you have money doesn’t mean you’re smart...
musk is a hack. i hope his exploitation of the markets hits his wallet soon.
yall still think his tweet moves market its just tye big boys who use his tweet as excuse... yawn
hahaha doubt it! he just tweeted and it is already back up past .40
i thought this last tank was due to china "banning mining"... again like they seem to do during the peaks of the bull markets
gotta admit though it is fun to watch
agreed. he’s played his two biggest tweets against it at the wrong time. i woulda talked shit on coin then bought 1.5 worth. he did the reverse.
his tweet showed the true value of coins. the speculative market over-valued crypto so much that the drop was almost 50%.
never seen the perfect headline till now.
elon's tweets and press publicity are simply a convenient scapegoat to prevent people from connecting the dots that hedge funds began liquidating massive amounts of their crypto holdings this week in order to cover margin obligations.
i cringe at the thought that i onced found him smart
his tweet was largely ignored as btc was already rising and affecting every coin
this sub is really something else. i am not a fan of elon musk but he is clearly trolling and everybody is getting salty. not his fault people cannot understand jokes. he doesnt care, he has fuck you money so why would he. just invest in what you believe in, if your investement is getting moved by someone's tweet then there is something wrong with your investement itself. people act like this is not some sort if casino, people put their chips in crypto in hope of making money, nothing more nothing less. if you want something safe just invest in an etf to gain 5% per year and call it quits.
i cannot stand all these newbs coming into the space with the mindset that em is actually affecting the market.
i hate the fact that elon musk now knows his single tweet can sway the market.
i'm a simple man. i see elon post, i downvote.
tesla did affect bitcoin after they stopped accepting it as payment
ive been thinking, maybe he is just very good at predicting market movement. if he suspects theres about to be a jump he tweets positive... if he thinks theres going to be a dip he tweets negative (like his announcement that tesla is not accepting btc anymore). this is pure speculation but it would explain why trends seem to follow his tweets.
i hear the dip was actually just tax day but got caught up in this narrative.
i cannot wait for the day when folks no longer flock to celebrities for any sort of advice, financial or otherwise.
exaggerated by the press. the price moved 15% within 15 minutes of his tweet. jesus.
it's not exaggerated at all. you're delusional and scared lol.
yeah do not go longing or shorting based on what he tweets next time around
the crypto price crashing had far more to do with the failed liquidity tests and hedge funds needing to raise cash.
i'm new to crypto, and even i know elon "pump and dump" musk's mo. once it is more generally known (and accepted) to everyone, his tweets would not cause much movement anymore…
things are dumping because of tether, and it being revealed that every dollar of usdt is backed by .03 (so basically it’s not backed by anything lol)
he’s a little beyotch
most people dont understand that whatever happened is a gift for cryptos. the market matures that way and will benefit in the long term. what would be really appreciated is if he would sell all the bitcoins that are held by tesla, but of course, he will not. that would be divine, because the price would plummet so hard that would allow newcomers and other investors to increase their holdings. if you invest what you can afford to lose, meaning that you always keep a hefty fiat bank account, this is a thiscount period for you!
more overwhelming brain power in this thread. the so-called fanboys, that is people who support the spacex, tesla, and dodge coin, understand better than anyone that his tweets do not move the market. we like his tweets because they are funny and it is a good communication tool for those of us who hold dogecoin. just like cardano fans like to hear from hoskinson, or radix fans like to hear from hughes, or binance people like to hear from cz
yes this is very true. i do not particularly like his tweeting but the media have been trying to turn public opinion against him aggressively. they get mad he smoked weed on the rogan show, then they claim he did not supply the ventilators that he did for covid. when he goes on snl they say he flashed white power signs. but fng up the crypto market by tweeting is what catches him the most grief lol.
this made me laugh so hard. but the news is a company too... they jump on whatever people will click on.
if he has no impact, why are you muppets whining and crying about him all the time?
he is just one of antifragility tests.
just as someone pointed out elon became the new john mcafee with his p&d schemes. soon he will do his very own dick eating bet kind of post i'm sure.
if the fanboys can not realize it for awhile longer, allowing me to buy low, i’d appreciate it.
shhhh i want more bags
does this sub actually talk about fucking crypto or is it just a hater echo circle-jerk chamber for musk? fuck. get a life.
elon has influence in terms of getting people into crypto. once they get into it, and learn more about it they would not care about his opinion. they will realise his claims are not logical. musk must be loving all this attention though.
there’s never been a guy with more irons in the fire. something to be said about just focusing on one thing and doing it well. like tom from my space. he created my space then boned the fuck out.
it seems that people were happy when he was pumping the coins. started listening to him more than they should have and without performing any analysis by themselves without realising that if they were giving him the power to make it, then he also has the power to break it. maybe the press is exaggerating his impact but people should realise that it is in the best interest of everyone if he did not have such power.
what's the utility in realising it before it happens though? currently his tweets are having an effect.
i reckon hes going to start his own coin, originates on earth, it gains popularity and use it on mars
this is gonna hurt his ego, not being centre of attention in crypto anymore.
elon: hey guys watch me tank bitcoin(laughs in bond villain). china: hold my beer.
because it was not only his tweet that made this mess. it's clearly market manipulation, they used this excuse to make bitcoin go down.
i find it a bit amusing that a technology and community that prides itself on decentralization is so easily affected by the opinion of one individual. he criticizes bitcoin’s carbon cost and then ethereum drops 10%! they’re moving to proof-of-stake!
yeah, that is bs. musk's comments when he holds a massive amount of crypto and he makes statements around his companies declining to accept it anymore, he affects public sentiment and that affects prices. just like when people like buffet say shite about stocks. so to say he does not affect price is a ridiculous statement. your community hoisted him up as the poster boy when he was pumping it so now you are stuck with him.
it's better that people find out how much he sucks before he starts shooting people into space or implanting microchips in their brains.
if elon was pumping bitcoin this thread wouldn’t exist!
outside of some doge movement i do not believe he had much effect on the market at all. this is just a thistraction.
even the most rational crypto trader there is, will end up following elon's tweets and investing accordingly because it is an opportunity to profit. any time elon mentions something positive, everyone buys in because they think the price will go up and they will make gains. any time he trashes something, the price goes down and people immediately sell so they do not lose their gains. somebody else actually posted the direct causal effect chart between his tweets and price action. whether you love him or hate him, he has an impact on asset price bc of 50m followers on twitter and this is enough to move mountains in the crypto space. we have no choice but to follow every one of his tweets since he might mention our bags next.
elon musk story at the top of this sub. max irony!
if that’s true why people care about what he tweets?
it will affect, just like trump tweets affected the market or even his.
hard to swallow pills
glad someone finally said it.
what is crypto? asking for a friend
he's making his crypto opinions irrelevant because he would not stfu about it. "oh look, musk pulled more shit from his ass about btc. that boy crazy!" hodl and give time for the press to get tired of his uninformed ass.
just be someone else. most people are trying to profit on speculation, they need someone like elon.
amen! just buy the dip and stfu
idk his bitcoin tweet caused bitcoin to drop significantly. same thing with doge
crypto has no value. the sooner you porn addicted fuckboys realize this it’s too late. anyone who needed to make money has already made money. don’t be dumb. invest in something that exists and is tangible
until he says he is all in on doge, or he found a way to fuse bitcoin and doge into a super saiyan coin.
this headline is an oxymoron. the fact that his effect is exaggerated by the press makes it impactful and that it will not have "no impact on price". the sooner the fanboys realize the better. it has impact because it has impact basically. people are not buying or selling because elon tweet must be technically true. they're buying or selling because elon tweet will make others buy or sell. if you knew that elon will absolutely crap all over some tech stock in 10 minutes, will you buy or sell your share now? doesn't make you a fanboy.
people need someone to blame... always been like that!
the sentiment on him is finally shifting. thank fuckin christ
now he is making a joke of himself.
i thisagree, it has to much effect. but it should not.
investing and the last month gave me a taste of how tesla investors must feel when tweets some bullshit.
conspiracy theory: whales manipulate the market when he who musk not be named tweets to use him as a patsy.
i lost my respect for him after taking a hit on tesla stock after smoking weed live with joe regan, i worked very hard for that money. he plays for himself, he does not give a f about you.
it is just a matter of time... people will eventually realize.
just putting it out there, but the public attention that his tweets get in mainstream media are just as culpable to effecting the movement of whatever he is talking about. not only that, could there not be a hypothesis that any institutional movements of crypto could seize the opportunity to do their trading at times when elon has mentioned something. sort of a “see, look, he’s manipulating it with his tweets!!” while they can ride the waves of this because they’ve sort of pavloved the tweets with bullish momentum. i hope what i’m trying to say makes sense.
i find it funny people blame elon’s tweet for crypto plummeting.
crypto price when up by his tweet in the first place, now suddenly his tweets are exaggerated. is someone planning to sell more crypto to retailers ?? 1 he lollipop dikha ke kitni baat chutyia banaoge ??
i believe this is all just part of mass adoption. also some rich people might be doing some testing and stuff. this is the first time in our recorded history this has happened.
i'm convinced his tweets are not actually affecting the market at all
it shows how crypto is being and can be manipulated by big buyers and people in position, totally not good for this space.
everyone that claims it is on elon have not been following crypto more than a year since we see a large correction every year.
now let doge and its stupid followers bring him to the moon, i dont care a shit about his tweet
... but it does show that the press has a massive impact on price.
i do not think you are right. but you should be. :) it's just like some of those people who is basically just famous for being famous! and played right, they will be more and more famous. it makes no sense, but sometimes the world is like that!
his fanboys like that he remade electric cars and sent humans into space. they do not care what he says about crypto nearly as much as his haters do.
the guy was suspended from his own company for trying to rig the price of tesla stocks with his tweets, but people still treat him like a robin hood. incredible.
he is gonna regret
amen, brother. looking for ghosts where there are none.
i'm never buying a tesla. he's really fucking annoying and i'm never buying a tesla. my next car will be electric 100% but not a tesla.
elon musk is violent greed incarnate, a subhuman piece of trash, and a narcissistic grifter
a rocket is about to launch called doge-1 and it will deliver a dogecoin to the moon, imo elon’s impact on cryptocurrency is going to be even greater.
i just ignore. it’s best for all.
moon soon, swim with elon or drown
fuck, i really wanna be optimistic about the potential of doge... but following the doge sub you’d think that guy shits gold...
the media loves simple narratives that normies can follow
no, the crypto community on average actually has no conviction and folds on a fart.
always loved seeing people blame elon musk for their stupid gambling. "you made me put my life savings..." like, sure, he forced you to empty your life savings into a coin. shit, i've been in on the ride and still holding since 2018. when elon came out supporting doge, i didnt buy it because of him, i wondered what the craze was. i looked into it, and now with time, utility has gotten me to own some doge. now i can go buy a pizza at my local papa murphy's, or a lawn mower at lowe's. thats power, thats value. i believe in that. let them cry wolf. theyll get eaten eventually
i was watching doge jumped by a lot right after elon tweeted coupe hours ago. i was late to get in, bought 100 doges and then got out with a profit of .00. he still command doge and crypto like a boss.
yall realize that hedgefunds etc just use his tweets to manipulate this shit right???? you think people panic sell or buy just cause of this guy lmao smart money uses his tweets and his fanboys, drives the price upwards and gets everyone in then dumps it etc
i absolutely agree. he says something promoting crypto, price goes up, people claim he pumped. he says something promoting crypto, the price goes down and the press says his statement backfired. all the while other developments are happening. like china cracking down on crypto. or an exchange starting to support a certain meme coin. all of those things have a much larger effect mean while people are giving elon credit for market fluctuations.
a voice is only heard by the attention it’s given.
it cannot come soon enough
says the echo chamber of hardcore enthusiasts.
it is just not elon musk right? basically who are famous and popular at a billionaire level would have the same impact. warren buffet, bill gates, jeff bezos, kochs, carl icahn. it is fueled money and fame at the end of the day.
this sub is just posts telling other people how to feel about things, is not it?
he needs to shut the fuck up.
seems that there are a lot of english teachers on here as i've been reminded it effect and not affect about 30 times. thank you all
did he not just tweet about bitcoin = bad, then a diamond hand emoji when it dipped?
isn’t this post exacerbating that?
we can only hope... i cannot wait for moonbois to quit sucking his dick in every other cryptocurrency forum or social media.
the sooner we stop posting about him the better
yeah i think this is already happening. he tweeted three hours ago about doge and it barely had any effect on its price. this is a good thing for us all.
this, bro why sell your btc? fuck what this guy tweets, just hodl it. my whole ass portfolio was down like i did not invest shit yesterday and i bought in more... guess what boys? we are on the way back up! don't sell your crypto when elon tweets dumb shit, do not sell when whales tank the market, do not sell your house when all your neighbors are selling
it is crazy how one person can affect billion of dollars. ppl like us are at their mercy 🥺.
he needs to just shut up and stop being a 49 year old meme lord.
i don’t pray much but **hallelujer** (っ◔◡◔)っ ♥
they effect bitcoin quite a bit.
no!!!! he is the dogefather!!!!! too the moon!!!!!
it's apparent that on this sub if elon does some dumb shit, we tend to go on our merry way. mostly, this affects those who are new to crypto or just getting to know it. hopefully, his most recent action will make people lose trust in him.
the problem are not his tweets, the problem is that pump and dump groups use them to drive fud and get better entry points.
he is only good at building rockets
he playing fed game. gov is scared
musk tweets like a teenager anyway, just a big, dumb, rich man-child.
how did you use the wrong "effect" when all you needed to do was copy and paste the title.
or you can just get some thiscounted crypto
bold of them to think that it will have no impact on price. if you think this way literally everything has no impact on pricing of crypto. the price is equal to the amount of people buying. even lesser news will increase or decrease the value of crypto. you are talking about the world's richest man there, you cant expect him to have no influence on prices.
the sooner everyone realizes that, the better. then you can all stop moon farming and crying about elon musk.
whenever he tweets about crypto this whole sub should report it as spam
lucid dreaming will not affect your quality of sleep. the only work they saved was carrying the sheets out of the game but i swear as soon as my drill battery finishes charging won’t forget mr 1 in a million.
ooo the denial phase played out on a collective international stage
since have had temporary effect but a lot of the time he just tweets during a rally and forbes or bloomberg gives him credit because they just want a story with his name on it for clicks
why is no one talking about “dodgecoin”
i wouldn’t mind him pumping one of my coins, selling at the top of that pump, and buying more when it crashes tho📈📉
teader point of view here : fuck the press. they spat at bitcoin to tank confidence to trigger the sells. it worked like a charm. it's not only musk, it is the whole fucking show surrounding crypto. i mean, it is easy : release a shit article about how this bank is selling its btc and how btc bad for planet (lol). what happens ? cardboard hands, noobs and retails sell, they sell so much and so hard even jordan belfort is fucking panic selling. when an institution is "dumping" its coins, reality is they are likely not. it's the signal they need to tank the prices down to buy from retails. because that is how it works. market makers are the final boss of this fucking market and people are still like "omg such market cap wow i buy 2 ze moon". all this does not mean shit when you have a fucking 10% candle popping out of nowhere. the market wants our money. musk wants our money. if they could they would liquidate every positions with a single candle. they need us to move the market. we are their bitches. musk knows it and he is right to play along. he is pursuing his own interest and does not give a single flying fuck about the people and never will. sorry for the foul language. but the sooner we the retail traders, the bait, the meat, get to understand this, the less manipulative the market will get. hell it is only about emotions at this stage. pure, unfiltered, raw emotions. edit : just adding that worshipping elon, or hating him straight is the same shit. stop with these emotions. money has no emotions. if you worship him you'll look like a noob. if you hate him you sound like a fucking shiba holder. just shut it and focus on the charts. by the way, i bought doge yesterday when it dipped hard. spank me daddy elon. im following the market makers. peace out.
elon musk affects crypto as much as bill gates cured covid. these are douchey egotistical billionaires. don’t buy into the media trends.
his diamond hands tweet literally made all cryto green , i do not know what you are talking about . the guy can literally move entire crypto market with his stupid tweets i can bet if tomorrow if he tweets bitcoin bad , ether good, bitcoin will drop like 10 percent of its value
you really think he is called "elon musk" if he changed his name from terrence torrington by deed poll he might be, but, im sure he is still called terrence torrington.
i blame x ae a-xii.
i'm so tired to see musk everywhere, it reminds me the time when trump was everywhere everyday... ughh
i watched latest chris dunn’s video today. they had really interesting points on their podcast. eg elon has such a big ego he lies publicly about stuff all the time to get that founding father (ie doge eg) and ego fix. ppl gotta realize that elon is not who they believe him to be.
op did you read the article you linked?
just hodl for a couple days or weeks
people just saw his tweets as a dump opp. took some profit and bought back in.
made a mint in paypal. sets up ev company. he spots trends. cool. but nah. no one who calls they are kid 'x æ a-xii', gets a second of my attention.
i dont know why y’all are upset with him, he just gave you a nice ass thiscount.
can you be more loser than being a groupie of elon ? just asking.
he should focus on his goals. move away from earth to mars and live there along with x9%\]\[{#\^{}{\_3)e#(x\_x\_\_\_x\_x\_a
fucking hope so because at the minute it is such a stain on the market
honestly though the crypto market is so small that his tweets do sway a lot of what investors term "dumb money." the crypto market is rapidly growing though. people often do not properly grasp the size of money, but the global equity market is roughly , 2021. crypto however has way more utility than stocks, trades 24. it is inevitable.
*now the big question is who will be the mcafee 3.0?*
i'm pretty new to this space but it sort of does not seem very exaggerated. he influences the market. over time it will be less so, but i'm not sure how we could say he is not having an impact on things right now. he is. for better or for worse.
stop listening to this fucker... seriously whether you believe it or not, it is absolutely terrible for one person to have such an impact on basically the whole market bc we all know that he has an impact on btc an everything follows btc so 🤷🏼‍♂️people need go understand this. it. is. terrible... screw doge. let him impact doge but let’s leave it there at that an stop letting him effect everything
this post is all speculation and i doubt it.
more like sooner the simps who cry when he tweets need to realise it the better.
why is every crypto post designed to get everyone but op to hold their position on crypto? so many people on reddit trying to pump and dump daily.
the dip is over
agreed, he may have moved the price once or twice by a good tweet, but it doesn’t happen anymore. doge is to mainstream now.
elon musk has a musky underwear problem
i bet elon's zodiac sign is cancer. because he is a cancer to the crypto world.
it's honestly crazy to me just how many people dedicate their entire crypto decisions and movements based on the tweet of a single man... truly wild.
man i missed a perfect dip opportunity on the karma train to make this post
it is not about elon. it is about china and the digital yuan. once governments get involved and start issuing their own highly centralized digital currency, it is going to be bye bye to everything else
so elon does not deserve the amount of hate he gets?
to avoid falling into the trap of the consumer society, i usually let several days go by before making the purchase or not. investors would do well to understand that he is psychologically damaged or that he takes great pleasure in manipulating the markets, or at least trying to. make your own choices regardless of what he says and step back when he tweets. this goes for all influencers of course. it's your money at the end of the day.
good, after tesla’s earnings it’s pretty clear why he won’t shut up about crypto.
it's not fanboys who are hyping musk and his ability to move the cryptomarket. it' people who *hate* musk who are projecting their anger, fear, and insecurities onto him and blaming him every time the market moves in a way they do not like. it's tedious, but until someone else comes along, he is the boogeyman for the youtube crypto bros to praise or rail against depending on the audience they are trying to attract.
btc - inefficient by design genius musk after buying .5 billion in btc - hey, i just figured out how inefficient btc is. what's that about?
elon does get to much credit for affecting the market. most of it is from fake news.
he's a genius at software and ai. that does not make him a genius at everything. everyone has their blind spots.
i can’t wait till nobody listens asslon
first thing i did was selling all tsla stock. this guy’s getting worse everyday.
elon is a pathetic clown
your title literally makes the opposite assertion of the actual article lol
i love elon and what he is accomplishing through his various companies. i recently read an autobiography about him and it was inspiring. i also bought an “occupy mars” shirt a while back. i thought elon was for the retail traders, but what he has done recently really makes me mad. i’ve officially realized he may not be everything i thought he was. soon the rest will follow...
that sure didn’t feel exaggerated yesterday.
no one cried after the rally on musk tweets tho
i mean his tweets might not, but when he fucking sells it will. but yea the businessman billionaire will probably let all you redditors and twitter stans in when he sells, so he makes less and you all can make some money too, right? right?!
i honestly hope the only thing we hear out of him about crypto is that tesla will be devoting time, energy and money to making btc mining green.
the issue is the more the news reports "elon controls crypto", the more people believe it and therefore the more affect his tweets are going to have. literally faking it till he makes it.
is there a place to buy omi crypto if you live in new york and only have access to apple ios devices ?
don't so drugs. musk caused this.
indeed he is a w⚓
elon musk has hardcore fans. you don’t have to go back that much in media reports to know that elon is a real piece of shit. why idolise a pos like that anyway?
exaggerated? sure, i'll agree to that. for me personally though, i'm kind of glad that someone is so blatantly and heavy-handedly using social influence and celebrity to manipulate financial markets in a manner so painfully obvious that even the truly oblivious should get the lesson now: every single crypto "expert" is only serving themselves and uses their influence to strengthen their positions, often at the expense of their viewers and. this may seem like an obvious thing to state, especially here (lol), but were that the case, we wouldn't be having this conversation, would we? ♥ *\*edits for spelling and syntax.*
old dogs never loved.
i was hoping doge would go up after his tweet so i can sell my lot and get out of the shitcoin. but in my noobness i have bought a tiny sum at a high. pls pumppp
couldn’t agree more, all of my charts pointed to a major move regardless of news from china and elon’s gum flapping
please get this dickhead out of my newsfeed.
but when the press announces china “bans” crypto people go crazy. fact: china has not banned cryptozoology they just don’t support or recognize it as legal tender.
in the grand scheme of things, this will be just a blip in the future when looking back.
the same people laughing in the media right now were the ones applauding us days ago. it's all part of the market manipulation and narrative manipulation of big institutions. they're here, finally, and now they are pulling old financial tricks to pull a fast one on the general public in crypto. i'm calling it now, in a month or so we'll come roaring out of this dip with a wyckoff reaccumulation. we will have the last laugh. right now we're in phase d.
so now they are blaming the press instead of elon musk. this whole time the problem has been people listening to him like a cult leader. that should be the headline "you lost money on bad crypto investments? it's your own fault."
it blows my mind that people think this man's tweets were the sole reason why cryptos went skyrocketed
seriously. fuck that guy. arrogant piece of 💩. people put serious money on the line and then he comes and just tries to trolls everyone
aint nobody gonna realize shit. some people still think the us election was stolen. others, even on oxygen think covid is a hoax. what makes you think that people will suddently wisen up and see thru the doge shit?
americans would cry like babies when trump would tweet, but elon is doing some shady market manipulation bullshit and everyone is fine with it. clown world
elon musk is a child.
you are so wrong...
then please explain doge coin
it's not completely exaggerated. whales are just using him and words like a tool to create move the market. just like they use any event to move the market in their favor. once it gets old they move on to something else.
i do not agree. i think institutions have their perfect lamb to pump and dump. you just wait till a tweet and bam - market manipulation
it really bugs me when people pretend that they know how things work. no one knows how it works you can guess but that’s all. it’s an informed gamble that’s all any stock and crypto is. stop pretending you know how everything works and stop hating on people’s speculations. the community is so god damn silly sometimes.
was trying to buy doge low yesterday and rh fucked me per usual
he still is one of the "smartest" minds on the planet
he has no affect yet him removing bitcoin from tesla caused a massive drop...explain.
there are so many reasons to hate this guy beyond crypto
if someone do something after his tweet he do not know what they are getting into.
if he will turn topics of his tweets into more analytical way, i believe that he will move the market more than he does now.
he is not even human... 👽
people hate elon for pumping dogecoin but doge coin is big
i cannot say i mind. i just buy the dip and wait so i can get fatter holdings. easy clap.
i would question anyone who is a fan of elon musk.
besides crypto, do not follow this guy's opinions. he shares a shitty opinion for almost everything.
honestly he is not the reason half of this stuff is happening its headge funds and a bunch of other sick shit the government is doing. don't be fooled
his fanboys know the word you were looking for was “effect” 😂 but yes hopefully doge stabilizes to a point where we all get better returns
he’s still an asshole. and it didn’t start with crypto. both tesla and spacex were funded with government money. even when both were close to failure in 08 times elon never could admit this. obv rockets are government helped but tesla has received billions in low interest loans, tax credits and other credits they can sell on market by the federal government. then musk shits on government rules whenever he can. he’s an asshole.
he'd be fine if he is stay in his own lane and focus on spacex, starlink, and neurolink (sp?).
lol title was changed and the actual article details exactly how much elon's behavior online has a direct effect on markets. >the latest impact of musk’s tweet was noticed on may 19 when the entire crypto sector lost nearly . bitcoin, the biggest, had hit a three-month low of ,066 on wednesday, over 50% down from its record high of ,895 in april. ethereum dropped nearly 57% to ,850, its weakest level since late january. i also love reading opinion pieces with no byline from indian cnn.
when he tweeted about being negative on btc, i know market will crash so i sold my bmi at .4, fwt at 55 sats, infi at .28 and today i bought back bmi at .9 and fwt at 44 sats, infi at 0.17 wish me luck 😊 choose real coins. we may have a good trade this week. i see green already.
imagine the content with a headline like that. hilarious.
elon has turned from daddy to step daddy real quick.
he's a fucking twat. right place right time and got rich. paypal was not even his idea.
i only like it cause when he causes a temporary dip i get to break the chips out and get some of that dip at a cheaper price. other than that i agree with you
how much of this recent dip was caused my elon and how much was caused by china? it sounded to me like it was bad timing more than anything.
he was just a good excuse for an already planned whale selloff.
i’m so sick of hearing about elon musk, like he’s some sort of second coming who cares about the regular folk. as if he’s standing here hand in hand with the regular investors, hodling in solidarity. yeah right, he’s manipulating the masses to further his own pump and dump schemes. he’s got some good ideas, tesla and spacex come to mind, but even in parts of those fields he’s so out of touch. i mean what other proof do you need that he’s not on our side than his flippant attitude over how many will die starting a mars colony under his company.
i've been thisregarding him for my whole crypto career! i'm ahead of the curve! :)
agreed. maybe for the first time in my relatively young investing life, i have “conviction” in my picks and approach, which frees me from worry and fussing over media fud and drama (particularly with elon). dcaing across btc~30%, and that’s proving to be a decent move today. the wisdom is simple and valid: be curious, research projects that interest you, and invest in the ones you truly see “value” in. keep calm and hodl 👑
did elon's lawyer post this?
i think more and more people are realizing that he is full of shit. i mean, tesla stock has been plummeting recently, and there was a fairly loud collective groan when he was announced as snl host. his act is getting tired.
unfortunately, he has got it right many times and people trust his gut
i just feel so bad for the new people who fomod in when it was high and lost when it dipped and they panic sold... i know that everyone can make their own choices, and crypto is not for the faint of heart, but it still sucks that some people might have lost big by jumping in without properly researching because of elon. fuck him.
not exaggerated, but definitely lessening as time goes on. i really don’t care about elon’s tweets any more.
the people who cry about fanboys are way more annoying than fanboys.
yes this musk phenomenon needs to go away yesterday already. i dont like famous people having so much of an influence on the crypto market its thisturbing and dangerous for us poor people who dont really have that much to play around with in the first place
he called micheal saylor a “gigachad”. he deleted the tweet after. the guy’s an arse.
you mean the sooner *this sub* realizes? you do understand the the tweets and memes are jokes from most doge hodlers, while this sub continues another week of cult of personality for musk lol.
hope that guy isnt as evil as i think!
i’m not normally vindictive. but watching the musk fanboys and crypto fanboys be at each other’s throats has been pure candy.
no impact on the price? lolololol
"any small thing from a mouse farting, to a stupid billionaire can influence the price of crypto". ftfy
his tweets will has again strong influence as soon as doge reach
i used to like the guy, seeing him as some kind of hero against the super rich 1%, while still being one of the 1%... all this elon. it make me a bit sad...
agreed 100% just said in a comment yesterday that tesla is not really an everyman accessible vehicle, nor are they everyman purchases. who gives a flying fuck what this company thinks. on the other hand, if amazon were to adopt eth for cart purchases an an example, that is something the crypto space should care about. fuck elon and fuck tesla. i was actually going to buy one this year until this most recent debacle.
every single word that comes out of elon's tweet literally becomes a new bsc shitcoin token at r it's getting ridiculous.
he said too many dumb things that no one believes him now. he's not the godfather of crypto currency no one that is the whole point
the sooner the whole world realizes elon musk is a con man the better...
finally, this, a million times this. stop listening and overreacting to everything elon does ffs! people give him this power and influence! media pumps it up. ignore!
y’all are probably gonna downvote this and have a ton of thisagreements... but imo it’s not musk’s statements. it’s tesla refusing to accept bitcoin. tesla trading with bitcoin was huge because, for most crypto owners, cryptocurrency is an investment asset. rarely used to buy things, except maybe on the “deep web” by a vast minority of owners. and then a massive company was like “we’ll start accepting this.” and suddenly bitcoin wasn’t *just* an investment asset anymore. we were moving towards it being viable currency. crypto *needs* to take that step
if elon had a glory hole you would have to wait in line for 3 years to suck him off.
i'm pretty sure the wealthiest person in the world will always have an effect on crypto.
i can’t understand why a large amount of people decide to suck this guy off
got it, buy more doge
remember donald trumps tweets??? well... in the last 48h it became clear that a moody billionaire with a twitter account is not good for the crypto space.
elon musk is an actor... he is basically a puppet that is used to scapegoat when elites make moves behind the curtain.
true. he's still a cunt though
its the bots that are the real problem though
he has been fine by the exchange commission for manipulating tesla’s shares... are we going to believe he’s actions have no impact ? come on...
there are thousands of bots programmed to pump and dump on his tweets. so for now it does affect the price.
well, he didn’t actually said nothing new about energy consumption, as that is well known fact. but it’s worth to keep in mind that can start a new bullish trend for low energy consumption crypto like xrp, stellar etc...
i dunno, i want to believe the title but i feel like that is a pretty optimistic view
i like to think it was the perfect storm: \- a bull market without any \*substantial\* corrections (i still believe we are in a bull market) \- tax day in the us \- china banning fud \- building negative sentiment around bitcoin and it is environmental impact so more like he had a small effect at the right time. note that i'm talking about a btc and total market correction. musk totally has the ability to take coins with smaller market caps and affect them substantially, exhibit a doge. the market is just going to follow it is natural bull. things like elon tweeting will have some small effect but not when you zoom out ;)
you guys are crazy. this guy is doing what he plans to do, he is pushing human race into the future. will explore mars, sends cars to space and what not. he will do with any crypto whatever he plans to do, because its nothing comparing to other challenges he is facing. if he wants doge to hit 10$, it will hit 10$. why? because he is the richest, most influential, most famous, visionaire businessman on the plant. so his words are basically like self-fulfilling prophecy. if its not obvious for you, thats completely fine. lets come back to this thiscussion in 2 years.
ngl i have a hard time taking any article that uses 'dodgecoin' in the headline seriously... ... i've also come to the conclusion that he must enjoy being investigated. i cannot wait for twitter to go the way of myspace.
i love how this post comes off the back off days of bitching that elon is tanking crypto!
unpopular opinion but i do not think he is had all that much influence as speculated aside from doge of course. sure he is introduced a new wave of retail investors but institutional investors far surpass the retail investor market. his fud about energy consumption rather than green alternatives is laughable for someone producing electric cars.
for a currency that’s supposed to be resistant to fluctuations, it sure is getting fluctuated by one single user.
coinbase bringing in doge and eventually others will cause a solid acceleration. spreading out investments is a good thing. 401k 6 figures, standard investments 60k, investing in beach stocks when covid started 20k and 10k yolo into crypto. just having fun here. oh and 17 1 ounce gold eagles and buffalo coins. don’t put all of your eggs in one basket
didn’t he say that he was working with doge coin developers and then they publicly stated he’s never once been contacted by him 🤔 edit: grammar
are we talking about ? we must be. because this subreddit has not shut the fuck up about him and how he is bad for crypto, how he is going to ruin it, how he is going to bring in investigations etc.
boo! i still love elon, kill me!
i'm not a guy using harsh words. but f**k elon musk. hope he finds a new "hobby" soon and leaves us in our bubble. he could literally shit on a plate and tweet it is tasty and every fanboy would try it.
elon musk's behaviour is the perfect illustration of why satoshi nakamoto have had to thisappear. even the best of us, a genius, a leader or whatever, every human being is fallible (and i do not think musk is as great as people commonly think) he tends to think he is the savior of humanity, and fails. and he acts like a douche (the pedo guy insult and the sarcophagus, how he acts right now with michael saylor)
elon's actions will have an effect not his words.
it’s ironic that the fanboys give him the power by buying it up when he talks about it
when crypto was up everyone loved elon and acted like he was the crypto spokesman. now it’s down and elon bad and evidently now has no impact on crypto. interesting.
that is why all crypto went back up after his latest tweet 😉
elon is manipulator. stay away
he literally pump and dumped yall
i thought that too. i pondered whether elon is just a patsy to the bigger price movements, a puppet if you will.
i think he sees this too. he’s back to rocket, tesla and doge tweets. stay away from bitcoin before you embarrass yourself, elon
this just in; man with influence would have no influence if he simply did not have influence. in other news, water is wet.
translation: uwu pwease stop hurting my moneys
actually waiting for elon to tweet about ada to drive the price up so i can sell. then buy when it crashes again.
well, elon's latest tweet sent dogecoin spiking up \~14% a few hours ago, and spiked other coins too. \*shrug\*
i’m going to buy fuck elon shitcoins just out of spite.
dear hot\_dog, frankly i do not agree with your statement :) although the press are a bunch of wieners who throw half-grilled stories out there and hoping something will stick, when elon tweets, it has a major impact on the crypto space.
it does not matter whether it has any effect or not. people are in it just for the memes and fun.
just wait til he tweets that tesla accepts doge. that’ll push it 40%+
i have relatives who unfortunately are elon "fanboys". every time elon tweets and's activity, i'm the first person they tell. it's honestly getting tiring to read "doge to the moon 🚀🚀" at the end of almost every text message.
ignore this guy crypto community to the fullest
people have given him more power than he deserves. and he saw an opportunity and went straight for it.
this was posted 6 hours ago. 5 hours ago, elon tweeted about dogecoin and the entire crypto market went up exactly at the same time lol. it does not look like whales share your view.
heavily upvoted and awarded nonsense, this is one of the worst posts i've seen in a while. the article op posted doesn't even support their case. anyone can check the relationship between elon tweets and crypto prices. op is free to defend their claim with literally any shred of argument or evidence, but this am not it. anything that can be claimed without evidence can be thismissed without evidence.
so you mean to say the global energy issue is not an issue ?
agreed, musk does not have an “affect” but he does have an “effect” on it.
thank you for saying this. i watched a youtube video yesterday and this guy was blasting elon for his tweets affecting the market. i thought he was giving him way too much credit, it’s highly unlikely that his tweets really have that much power. just looking for someone to blame 🙄
man, the ‘70s and ‘80s must’ve went “you know what, saying they lost their house and come on man. i like all the other kids are 1-10! that would be fienthish even for apple. what’s on the front left side of his body by josh. do you have any advice for people who have this type of technology have the biggest impact? is this the smite version of “rule 1” in rocket league?
please more elon's tweets bashing bitcoin. need that shit to drop to 20k so i can buy 10 coins.
who is elon musk? :-)
totally wrong statement. his tweets have a huge impact on the price.
your just a bunch of smart guys huh. their seems to be this need to prove whom is the top grammar police. i didn’t know were you got you’re education
yeah i completely agree, as crypto continues to get more and more mainstream people will pay less attention to the celebrity endorsers in my opinion.
i believe the word is "effect".
stopelon is a new crypto thats against elon musk, it’s skyrocketed the last few days. stopelon to pluto!!!
they need to stop giving this man so much power
yes the !! as the resident of just one community on one platform, - we have to also share outside of this platform!! tell everyone you know about - growth is not limited to and should not focused in one area share the good news
reminds me of a certain antivirus software founder...
good point, well stated. yes let’s get on with it,our strength is in our togetherness.
these fools salivate over any other coin guy tweeting one word.
he has a large following, so his social media influence is definitely there and nothing to scoff at. to deny or to downplay his role in influencing sentiments is simply delusional.
this subreddit is my safespace where elon musk isnt considered the coolest boy
so maybe he kinda did us a favor by helping to temporarily depress prices? i got to be a single ethereum for 2400.
so you mean, we will soon enter the bear market
funny thing is that the charts always seem to show where the price is headed way before he tweets anyway. guess thats just a coincidence tho. 🤷🏾‍♂️
the sooner society in general stops focusing on elon the better
i think that china did this more like elon.
they wrote dodgecoin lol
this guy's name should be banned in cryptoverse.
the case of the week then i do not think crypto is for you. straight from a (someday) doctor
i think he times his tweets so it seems like they are moving the market. at some point, enough people will believe it for it to actually work…
i need him to have one more scary tweet to scare the masses. i’m lookin for one more thiscount day.
the boy cried wolf one too many times.
yeah people are giving him way too much credit for recent events.
don’t forget elondoge drops tomorrow night!
this, but for almost everything that elon says and does
musk is a red herring while the true forces at play act unnoticed. whether it is just market probabilities, or some kind of coordinated campaign.
u.s. treasury aka the private banking cartel called the federal reserve calls for stricter cryptocurrency compliance with irs, says they pose tax-evasion risk. tax evasion my $$. they do not want us to have access to real assets that do not devalue over the long term. their coming for your cryptocurrency asap.
sounds like someone is butthurt and didn’t buy the dip!
i think this was better for cryptocurrencies. layer he will not effect on anything
pretty astonishing to see how a currency created solely with decentralization in mind is being influenced by some daily tweets. manipulation continues to linger in an ever-increasing financial space, now, it depends on crypto whether it stays immune to all the fluctuations or not. if it does not, it is not the mere thing what was created with the sole purpose in mind.
i read so many accusing elon of market manipulation but what’s the difference between his tweets vs the media reporting the btc are ban in the chinese banks? freedom of speech vs freedom of the press!
his tweets affected the price but
explained this phenomena a long time ago:
not just a tweet, it also depends on the content of the tweet. i think the last tweet about tesla has 💎 🙌 is quite a smart move, because that will relaxing the whole market and not just the coin he prefers.
they really wrote "dodgecoin" in the headline?
that is laughable you can literally line up his tweets to pumps and dumps immediately
laughing not to get mad , i think : smoke musk getting serious: the shit this fella is pulling is seriously undermining the crypto world. and the public opinion about all things market. many people come out and say “if the market is this susceptible to one person, it shows how unreliable it is”. these people are wrong , mind you. there is a reason why , in contrast , the stock market is what we can call “stable” (if we can call it that), that’s because doing what smoke musk did with crypto is a crime . proof of this was seen when he joked about tsla’s stock price and he got his was handed out to him by the sec.
i do not care about elon stuff.
if ada posts are limited to 2, can elon posts be limited to 1 per month please? stop going on about him, you're playing right into his hands.
idk i see very little press coverage it’s mostly just people here bitching about him that’s giving him actual coverage and i don’t see this stopping anytime soon.
it shure had effect on some people. how much? idk
the press will have complete control of the price, and elon was used to further their agenda
i award you with the all-seeing eye. protecc our precious boi!
or bio mom is in a wheelchair and i still send them to a kid, we all know the answer to this, it costs a lot to me. couldn't point out laois or offaly with 100% certainty. and especially not on this current raid. seems pretty key, the type of car that i would sooner get a divorce than leave my kid. what incredibly horrible human beings. i mean if i were you tbh.
crypto is such a a fragile concept, with such a timid fanbase, that it will remain volatile until it finally reaches the value of zero. the sooner the fanboys realize that it is a highly emotional, useless asset, the better.
my god you guys deserve to be on red i will short the fuck out of you people if i had the chance...
and sorry this is also incorrect elon's tweets have massive amounts of influence on bitcoin and doge. [decrypt article on elon's influence on btc and doge]( edit: formatting due to fat thumbs
yolo if you really knew you would know it’s right now a hedge funds pump and dump, crypto is still the future , just not right now.
elon's pumps are very temporary so do not get caught holding the bag. recognize when it is too late.
he’s a clown. he knows he is ruining people and just finds it funny.
let the weak sell , i love a good thiscount.
yup media is the most powerful influencer at the end of the day
pretty sure it could be the bots overreacting to elon's tweets too
didn’t it have a lot to do with china restricting? the recent crash i mean.
if he does not have a meaningful effect, then do not talk about him. you're letting him live rent free in your head with posts like this, and like trump, he gets off on that.
it's going down, i'm yelling timber you better move, you better dance let's make a night, you would not remember i'll be the one, you would not forget
i know this probably is not the right post to ask it under but i need some help. i have been searching for a post about a algorithm that tracks every coin on binance but i cannot find it anywhere. i believe it was posted like a week and a half ago
i bet with the stock price and all he is not even in the top 3 of richest dudes anymore. suck on my foot poorlon!
i want to ask that are these airdrops on coinmarketcap legit? any of you ever won one of them?
imagine being a multi multi billionaire and messing with people who have a fraction of a fraction of what you have just for your own entertainment and gain.
yea well he might be a sorry piece of s*** but he tweeted negatively the price dropped...he tweets diamond hands and the price bounces up...in my personal opinion it was a coordinated attack to cause volatility so whales can make money again.
technically because they listen it makes that a lie but if they do not to him it is the truth
by his fan boys do you mean the droves of institutional investors, financiers & lawmakers which back any idea elon has? he might be a narcissistic a-hole but reality is his backing does move markets when it comes to tech because he is considered an industry-leader. he will only stop being relevant once crypto is mainstream and not speculative, until then who knows how much this magical internet money is really worth.
disagree. it's the fanboys that are fucking up the prices. they will continue to do so as long as he is allowed to publicly manipulate the markets. the rest of us know better. i dumped at , the minute i realized his tweets weren't a fluke, but he was paying off his cocaine dealer. his fanboys are not going anywhere and they are a powerful force whether it is warranted or not.
speaking things into existence or doing journalism?
i think that slowly his tweets are eliminating from the crypto world people who just try to have easy gains without planning their investments and basing their strategy on influencer's and famous people's statements (people from tik tok, for example)
it would be nice if it was more efficient, but i'm not really convinced it is less efficient than traditional financial transactions. i saw some where it is like 700 kwh per transaction. yeah, sounds like a lot... but how many kwh do all of bank of america's data centers use? how many kwh does printing of cash and minting coins use? physically transferring roughly 1 bitcoin worth of almost any value store (say gold) a thousand miles certainly more than 700 kwh of energy. you cannot fucking tell me a 5 story tall strip mining ferris whell is environmentally friendly. so maybe make a more efficient coin for daily transactions, but bitcoin is fine for a long term value store
his tweets might not have a huge effect on crypto but opening tesla to crypto usage helps pave the way for wider acceptance. that for sure has a real effect. when he shut that down that had a real effect too because it a step back for crypto and the market reacted. crypto should be ok in the long run but he should accept all cryptos above a certain market cap available on major brokers... not try to pick and choose which one tesla will accept.
people want an effigy to burn, and nobody's going to sympathize with the second richest person on earth.
y'all are vastly underestimating the power of his fan boys. i know a dozen people who invested purely because if his tweets.
the posts by buzzfeed are getting intense!
i saw an instagram post saying , elon bro pls save bitcoin. lmao.
effect or not, just buy and hodl projects you believe in. seems to be a winning strategy imo.
seriously doh... i doubt he even thinks he has much of any effect. he said what he thought and was like ok. the press think somehow that’s gonna make a billion times difference?? it’s absurd
sure, he is tweets might not, but his actions sure do...
when musk's tweets effect price positively: musk is our lord and savior when musk's tweets effect price negatively: musk is irrelevant why wont people stop talking about him
musk thisagree….his hype powers are strong…how do u think the price got up there? people look to the future…he is definitely part of the future.
now. when he was pumping the crypto market it was fine…
yeahh i liked elon but he turned cuc
fuck crypto. get out of my timeline.
exactly my opinion lmfao
i sort of beg to differ watching dogecoins price fluctuate during snl.
this is what happens when normies get into crypto
its not his tweets, its his money
i put all my btc in usd coin when it was at like 55k the other day. saw it stabilize at like 50k and bought it all back. i learned i'm terrible at that game. i have no plans on actual cashing out anytime soon, so this dip is just a blip.
39k from 54k exaggerated. k. 🤡
if only this were true...
don’t listen to any dog! they are dog family in crypto world 🤣
this was extremely relevant to both r. both based off speculative twitter announcements from ceo. huge case of fool me once, fool me twice. since, no new announcements have any influence.
“exaggerated” yeah okay last time he sent most big cryptos into a downward spiral and they haven’t exactly recovered. i’d say he has a huge effect on virtual coins and this sentiment is just you telling yourself crypto isn’t a pyramid scheme that isn’t 100% based on random shit happening online. if not elon, it will be someone else or some other event that will cause people to buy.
year but given how narcissistic musk is, i wouldn’t be surprised if he nukes earth and go built a colony in mars where he is the empress!
of course they exaggerate, they live and die off of ad revenue and tying elon (who generates clicks) to crypto (which generates clicks) helps fatten their wallet.
yea because reddit is smart.
havent we not learned that the news and media is always exaggerating everything?
i dont think people understand how involved financial institutions are in crypto. the massive price movements we see are not the effect of elon or retail investors. until financial institutions are required to report their crypto positions and are held accountable for manipulating prices, we will continue to see massive volatility.
agreed. it's sad that the community was affected like it was at all imo, whether or not you gained.
i think whales capitalize on his tweets to make it seem like elon is moving the market with his words. that way that can use it against him if he tweets something they don’t like. and make him the scapegoat.
remember when janet yellen affected the price? lol.
ok. looks like elon musk starts to hire people to clean his reputation. and this reddit post is a proof. people, please, take everything with a grain of salt what reddit or news are telling you.
but he has and does effect crypto. it took one tweet about not taking bitcoin and suddenly it tanked. there were so many posts on reddit pissed at him for that because it effected their crypto. then back to back companies were questioning the currency because tesla was not taking it.
like i needed another reason to despise musk
just like literally everything else, his tweets effects will get watered down over time.
isnt this title straight up copied from another post earlier? or am i out of my mind.
elon's tweets never had any affect on the market in the first place. the large institutions just timed their manipulations of the market around his tweets to put all the "blame" on him.
for mi is a good man 🤟🏼
i think saying the sooner fanboys realize this the better, should actually be the sooner the musk haters realize this the better
elon will definitely continue to play a role in the sentiment of the market unfortunately. part of the reason for this is because whales love to dump when major fud is in the news to cause retail investors to panic sell which then triggers a wave of stop losses and liquidations that drive down prices even further. even if people broadly do not care about elon's thoughts on crypto, the perception that other people do and will react to it negatively to it creates panic and it becomes a self fulfilling prophecy. we just have to accept that this kind of manipulation is part of the game and until this asset class becomes worth tens of trillions of dollars it is going to continue to be very easy for whales and institutions to play with people.
i agree with you right up to the word press. his tweets will have an effect on crypto for longer than you think simply because nobody in the press understands crypto but will publish anything this prick says because he is rich (and must therefore be highly intelligent as only stupid people are poor).
glad this arrogant asshole got exposed
whatever the 2nd richest man in the world says will have an effect, i do not like it but that is the truth, everyone will pay attention and have an impact. always.
the message came across loud and clear! the english does not matter, the message matters.
he would be like mccafee...no effect.
it’s sad that something that shouldn’t have an effect on something does...only because people put value into it.
elon has jumped the shark and he is 14 3. bye 👋 elon
i think elon believes this media statement as well! sooner he moves on to the next "big thing" the better!
pretty sure most people have started to realise this already
still kind of love him though. he builds rockets 🚀to the moon
i liked him better pre-hair plugs. fuckin gollum with plastic surgery.
he should take one of his rocket ships and go to mars and leave the rest of us here in peace!
it’s clearly not though. it has had a very noticeable effect.
elon affects my judgement into picking the chocolate i want to eat, that is all
elon musk is a prick
shitcoins suck but i took a bite out of one yesterday called fuckelon. cause fuckelon
so are we just ignoring the 1000s of posts talking about doge mooning before elon went on snl?
i guess lots of people do not know about the china van of crypto, and that being the main reason as to why the market went a bit nuts.
china is who affected bitcoin for all the slow people out there. china is the biggest miner of bitcoin on planet equals to 75 % so if china sits on all the bit it only importers there infa structure but its a conversation people choose not to have...
the thing is... it's not (only ) his "fanboys" who think he drives the prices with his tweets. this whole sub thinks so too. loo
lol 🤣 so true they act like he owns it all
it’s the definition of scapegoating y’all. he’a just the biggest associated name. that’s it.
this is what i was hoping to see. don't be a tool esp not for this twat
all i learned here is that "effect" and "affect" are the new "your, you're"
stop fucking crying kids.
it is so much fun with wario. i enjoyed this dip and bought more cryptonite!
# still once a muskrat always a muskrat
crypto is bigger than alon, it is for the people not a play thing of a billionaire.
i think someone should make a video about how press is manipulating the stock market
i somewhat agree with the title but it is not 100% correct. crypto trading is very much mass phycology at this point but a darker secret (not really a secret) is that this market is heavily manipulated by whales. who you continue to trade in this space if it was obvious? no, of course not and the whale know that. big news generates big swings in this space and it has nothing to do with the news it self, it is a cover to trigger strategic plans into place that either drive a price up or down which is the real driver of fomo. the snl fail had nothing to do with the show or with elon, the whales already knew fomo was in full effect and the strategy was to drive the currency down and liquidate as many people as possible and sell at the most optimal price for doge. i also have a sneaky suspcion i'm giving to much credit to the whales, and that really these exchanges like binance, kucoin, bitmart that all pretty much use the same framework. those that have multiple views open can see the obvious coordination between dumping that occurs. tldr: whales. snl exposed this in a big way and their becoming more and more obvious because whos going to stop them ?
imagine selling and buying back higher
yeah lmao the insinuation that he singlehandedly crashed the cryptomarket is bs, it was long overdue for a correction and the american capital markets were weakening too.
true. let’s also look at some things that will have an impact. the single fact that btc is secured by a permissionless blockchain will severely limit its shelf life. make no mistake, at some point crypto will be regulated. when the government gets their filthy paws on crypto you can bet your ass it will involve permissioned blockchains. secondly, btc and crypto will have to show staying power to compete with the equities market. if crypto can survive a 08 style crash (that is in tandem with equities mkt) i think that will bode well for the future of crypto. not a shill, i think crypto has a bright future. just needs some fine tuning.
i just bought more while it’s low
>soon so, what you're saying is, his tweets currently have an effect on the price? 🤡🤡
actually, is not exaggerated, it really has an big effect on the price, especially with dogecoin. don't believe me? just look for the time and dates of his tweets and look at the charts. everything he talks about crypto, depending on what he mentioned, it goes up or down dramatically. although, i have to mention that the dramatic rise or downfall is having less effect each time, but still. not a fanboy, just stating the facts with data.
what about when they realize most of the crypto market right now is a giant ponzi scheme led by tether?
wealthy people influence everything. remember that
is elon musk narcissist or sensationalist? i can sort of understand why he is thisregarding btc given most of his income comes from carbon credit, but why is he so pro-doge? does he hold a big back of doge?
elon is done in this town
actually, fk the fanboys. they're married to elon, not to the prospect of what crypto brings. move along... nexxxxxtttt
why no one said that when he started tweeting about btc in the 1st time?
a drop to the .618 of the previous run has to be someone’s fault!!!
wish this were true
i'd just like to know how i can move my dogelons from poloniex to a metamask or coinomi wallet without having to pay a ton in transaction fees?
as long as new people are entering the space, he will be able to influence the market.
elon quite bites the dust
finally people are waking up , after that snl with miley yikes 😬
it’s not what he says it’s what he can do with his businesses to impact crypto, he’s already showed what he can do and he will continue to have an impact...stop being ignorant
i want him to keep blabbering. people have a tendency to listen less to drivel when they realise it is drivel.
great, now maybe we can stop hearing about him?? i'm so fucking sick of hearing about his trolling, whether it impacts the market or not.
except he does. everyone who’s sold has probably only been in the space for the past year. he influenced them. anyone who’s been around longer knows better.
i think elon’s effect is more noticeable for the newer investor instead of the weathered investor. someone new might think a billionaire is talking about it, let’s invest, while a seasoned investor might be more sceptical
seems it is already happening, his doge tweet a few hours ago barely moved the needle (compared to just a week ago)
lol typos galore and this article literally doesnt mention any reason why his influence would stop, it just repeatedly mentions how his tweet erased a trillion off the market cap, which proves the opposite point. did you even read this op?
i mean. this is just false but ok
can we focus on making him pay taxes now?
lolwut dogecoin pumped to extraordinary heights that would be completely impossible without elon musk. tell me how this is not a huge influence on crypto...
his tweets already are barely doing anything look at the most recent a little rise then insta fall again... elon is losing his influence
didn't his joke on snl about a coin hit it is price immediately? didn't watch but that was what it was looking like. his other tweets have for sure effected the price of several. i think you meant that it should not and i agree completely with that but sadly right now it does. while a lot of the press does use terms designed to be triggers i am not so sure they are overstating it very much. again sad but true. true fanboys for anything though are not in it because they carefully considered ... well anything. it's more a "popular guy said so and so." usually there is not even a point that had not already been stated by their idol. historically this does not end well. to me personally, overall i truly believe in the underlying technology and it is many applications so i am taking the long term. since everyone is in their own position they should decide their own strategy. but if that strategy is based on one guys tweets and some youtube videos be prepared to pay for it.
was the same as trump with the stock market. big investment follow news cycles and move with it.
elon musk~~s affect on crypto~~ is completely exaggerated
he definitely has influence. no matter what he tweets will get eyeballs and be shared across all social media. his only fulish mistake was thinking he could tank bitcoin without tanking dogecoin as well. majority of buyers think bitcoin is synonymous with crypto.
i wish people would stop licking elons ass!, he is just an attention seeking narcissistic little turd... why would he claim that he was the founder of tesla when he was not!... maybe his relationship with the truth and facts is the same as donald (loser) trump's,
grifter musk is a looser who got fired from paypal while he was jerking off on a company jet. both tesla and spacex are hype driven companies doomed to failure by a self-centered fake. musk: trump looser playbook.
that guy is a fucktard.
exaggerated 1. verb, meaning capable of wiping out half the value of an industry in a single tweet.
anyone with say over what a company will take as payment will always have some sort of impact on the market. most people would not want to buy crypto that seems to be useless.
but then they can’t bait you with headlines. these days people only read headlines
oh my god...the "papa elon" and "daddy elon" posts and comments have got to go! it's...i do not even know!? it's icky. super icky! like wtf!?
it’s good to know that crypto can just crash by itself. without any twits.
it's not really just elon. it's the media, all the idiots in this thread, elon, twitter users. elons influence is only a thing because too many people are incapable of thinking for themselves. everyone here claiming people dont understand his influence, you are the problem.
thats what i've been saying from the start
it was a perfect collision, margin futures , colonial pipeline was paid in btc.
a currency that is worth how much people think it is worth's value cannot be changed by someone who changes what people think it is worth? k.
[ check the link out. now, which one is the scam? the central bank, tesla factory, or bitcoin? i am buying more bitcoin, eth and doge. diamond hand.
perfect example of why free markets do not work. if there is a way to cheat someone will do it.
no one blamed him for yesterday’s crash. his effect on the market is overstated
i was under the impression the crypto crash this week was more to do with china tightening restrictions on crypto. lol
i'm holding some doge for the day he says "yo tesla now accepts doge" after that, i'm moving away from doge entirely
the problem is he has an effect now. once he isn’t the only major power player, he will be irrelevant. till then, he is the godfather atm unfortunately.
people continuously give him too much credit for these market changes. they are much more closely correlated with the stock market. the worst days for crypto recently were also bad days for the stock market. today, stock market going back up... so is crypto. one man is not controlling this.
i dunno. i feel like with his cultish following of tesla stock holders and joe rogan fans what he says will still affect the crypto market. like let us say he and mark cuban just go all in on doge and just continues to shit bitcoin it will affect the price of doge and bitcoin. if anything, he will use the finite amount of bitcoin available against bitcoin and will use the unlimited amount of dogecoin for doge. like there is a finite amount of gold. but there is not a hard cap on the us dollar. we do not use gold standard. in terms of value we still use the value of the dollar.
sooner the better? better what? better effect on crypto? i'm confused.
elon is one of the worst criminals in the world, instead of making people more educated, he spends billions on shitfuckery
the fanboys and the anti-fanboys alike...
he's going to increase dogecoin speed so it is inevitable that it is going to grow in price.
he’s got way too big of an impact on the market it’s not fair. just keeping the poor poor and the rich rich
not just fan boys but people who do not understand that they are getting their information form people who want to pump them up and get them interested rather than trying to give them the full picture. celebrities get clicks and are used as adverts, not a big conspiracy
isn’t this sub supposed to be about crypto not spelling ?
in a world where crypto is like action, he had a lot of penalities.
i hope it happens soon
just like when the media releases an article that china is banning bitcoin. if though the article was from two years prior ?
eventually there will be some sort of regulation that stops large firms " accepting" bitcoin or other said coins and then changing their minds after they have boosted the price of their chosen coin and then dumped it. they will be made to accept the coin for minimum period like 2 years or something.
it's pretty indicative of the world we're living in when a multi billionaire can write fewer then 300 characters and affect a global commodity that millions of people depend on. it's almost as if the world is a playground for the ultra rich. i grew up hoping that cryptocurrencies were the currency of the regular schmuck. a currency built by the people for the people. the prices can go down. the wall street barons can laugh at us. but i do not care. i would not buy a tesla. i would not bow down to the man. i would not stop holding on to what i believe. this is our yard. don't fuck with us.
idk why you guys give a credit to him. just dont follow whats he says and we are fine
webull does not allow crypto trading between the hours of 17:30 and 18:30...such bull crap they will cancel a buy or sell that you have set at 17:30 (5:30 pm) twice now i've had a price hit my buy or sell point but it wouldn't execute twice now. thoughts? why?
all i want in this universe is a video of a crossbow bolt neatly zipping into this guy's jugular because some nerd lost everything on the fake dumbass meme currency and meow it is time for revenge live by the stupid die by the stupid bitch
i was just trying to explain this the other day. elons tweets don’t have power. it’s the people reading them that has the power. it’s not his tweets that change the price. it’s how his followers react to the tweets that changed the market.
tesla quits accepting bitcoin, next day bitcoinn drops 20%. thats not as exaggerated as most of your posts.
lol, yes let us just ignore the 50%+ drop after that moron said tesla would no longer accept bitcoin. smh
hedgefunds via media are putting the blame on musk. the blame lies on the hedgefunds manipulating the markets themselves for the last 40 years by illegal naked shorts and other cheat codes. while the average honest investor loses money to these corrupt cheaters.
i think by now anyone whose paid close attention to stocks and crypto are well aware that the institutions that have at least helped to rally the price up and now are using all their big money manipulation "machinery" and know-how that they honed in the regulation financial markets with wild abandon in the unregulated spaces. their offshore holding corps allow the balances to never show on their official books until laundered appropriately. the billionaires own or control the media so they plaster headlines that have a kernal of truth everywhere so there is at least a semi-plausible reason for surges and dumps. just enough to pushback against any suggestion of an investigation. all this talk of crypto regulation frightens me... will it hinder the little guy, whilst the institutions do what they always do and exploit the loopholes. how could they regulate crypto anyway, and what can be done to avoid regulators encroaching on this space?
doesn’t change the fact that we going to the moon
he was a 10 day wonder with his tweets. people will move on and not let him influence the market.
fanboys are fanboys for a reason, if he continues to have a platform to meme eventually someone will follow
he has a lot of musketeers!!! he has fools on anxiety meds cause they follow his tweets as if he is giving advice. for every person that makes money following him there are 10 that lost money.
it's the stimulus check effect...
we really should start teaming up to taking him down a notch or two off his pedestal. i'm sure a unified effort could find plenty of flaws in his "projects." it would be a shame if those flaws started hitting social media outlets, let us say... in tandem.
who the hell has ever been a billionaire fanboi? stockholm syndrome much?
well... he played a big role, we need someone like him to endorse to bring btc to the moon. those who are mad are probably those who bought all the doge. tho who get involved in troll coin, will end being trolled. don t expect him to make you rich, you shoulf use the brains a bit or be eaten by those who do.
i think that the dogecoin folks have already figured this out. elon's last two dogecoin related tweets have done nothing to curb the losses on that crypto over the past two weeks.
agree and thisagree at the sametime. he is influential, but not to folks who have super read up on crypto. he’s influential to the ignorant masses that either aren’t into crypto just want to meme. tweets will always impact markets, both stock
wait til they finish painting shiba on the rocket what will happen to the coin value
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he just said doge should worth , he is becoming a joke. i bet he is holding a bag of doge now and becoming desperate. and need the money to fund his space projects.
and this sub is still watching a magician's hands trying to figure it you. you do not look where he wants you to. he damn well knows what's happening, and he is manipulating the market through the tweet. everyone freaks out and he buys the dip. it's not hard to see that he has been playing this sub in particular as fools, and all this sub can do is hate on him or fan boy, when neither matters.
the media is all a big lie. only the fundamentals matter in the end.
its hard when there is a cult of dogetards waiting for his next tweet just so he can pump their bags.
this is just wrong. when elon started accepting btc for cars, he took control of the market. he announced this, and it did not take long for btc to go to 60k. couple months go by and elon starts bashing btc (the whole driving force of crypto markets, mind you) and then drops btc from being accepted. coincidentally, the biggest dump in crypto history happen like a week later. you're blind.
its actually the opposite(specifically to minable currency). the effect will grow over time. no large scale business with be able to justify addopting minable crypto - if tesla says its not viable. minable crypto has been a deed man walking for a long time. elon just twisted the knife.
just my opinion so…i am downvoting any post or mention of the guy in the picture from this moment forward. or continue to avoid reading them altogether.
same like with mcafee. shilling coins was working only that much. after that mcafee became joke. musk became joke already as well, so his tweets will have much lower impact now (but still some impact, he is not in i will eat my own dick phase of comedy yet).
business men always manipulate markets, musk has done this.
what's can kill you make you stronger!
the only reason it had an effect initially was because of tslas stock price move last year. his involvement got people thinking a 10x would happen to btc. then he turned out to be a nincompoop and newbs freaked out. simple as that. won’t happen again, he’s a pariah now
why do you belive this guy ? because it is rich ? :)))
shouldn't twitter ban his account according to comunity guidelines or something? i mean he is having a bad effect of the market, manipulation etc. other people on twitter have been banned for much less i think.
five stages of bitcoin grief. first stage denial
how dare you insult my god like that
cry wolf and piss a lot of people off, that is what he deserves. hypocrite grifter.
yet he is still a moronic manbaby, i hope fanboys realize that too.
tesla quit accepting bitcoin as a payment then a drop in value occurred. that's a seems like an effect to me
i hope this dip teached a lesson for all the shitcoin ”investors”.
i unfollowed a lot of doge accounts on twitter specifically because of the endless fellatio they keep giving to elon
tired of these coins dropping just from a tweet, a lot of these altcoins are held by very fragile hands so i’m gonna start consolidating most of my altcoins into other proof of stake projects with stronger communities that have a high percentage of the supply staking like ada, one, & dot. just feel these communities are more into their projects and are likely to hold plus it takes an extra step to unstake, transfer then sell off of an exchange. obviously ada is probably the most solid, we’ve seen ada hold it’s own when btc falls. one is gonna be amazing one day
may be true, but it certainly wouldn't hurt if he would just keep his ass off of twitter about it.
i think that elon lost some credibility in the crypto world with his strange btc flip flop which does not make any sense to me. one day he is all in on btc, btc is great, tesla is going to start accepting btc and then a short time later he does a complete mind boggling and baffling 180 degree turn and btc is persona non grata or should i say coin non grata. he did not know about the energy consumption when he first bought into the coin? he's a smart guy, i think that he must have known about that. if he loses any influence in the crypto world, i think it will be because of his own tweets, some of which have proven to be quite strange and erratic.
as someone that made considerable gains off of doge, i must say, i would be cashing out asap if you're positive at all but that is just me. the fanboys panicking about the status of their saviour is going to affect doge price more than *himself* tweeting something. [if you're looking for someone to switch your fanboy-ism over to, sir richard branson is a far better place for your energy than elon musk.](
yup yup. elon's effects on the crypto space. (the impact) vs elon affects the crypto space. (impacting)
do be that guy. i have a hard time understanding the difference so when people point it out it is helpful.
now that it’s out there for anyone curious, effect is a noun (talking about a person, place, or thing) and affect is a verb(talking about an action). elon’s effect on crypto (a thing) vs elon affected crypto (an action)
i had a professor teach me a trick for this. when you affect something , you’re taking an action. a a helped me a ton in my writing.
it's nothing. people were trending "etherium" on twitter yesterday.
the hero we do not deserve (but seriously every time i use effect or affect i have to think through the question of which to use 🤣🤣🤣)
the way i read it is that elon’s influence on crypto is exaggerated. not that he has an effect on crypto. so i’m not sure you’re right.
i see your 69 moons have been well earned.
this is why i always use "impact." it's impossible to know e. :)
it's also missing the possessive apostrophe.
someone had to do it
just use "impact" if you're unsure.
anyone got a way of remembering which way round it is. i just cannot seem to remember
affect works here. youre wrong. affect: to have an effect on affect can be an effect, but an effect is not always an affect. effect usually refers to a noun, while affect is a verb.
furthermore, he isnt adding special effects. hes affecting it.
saved me the effort.
sure *affected* my wallet
if you could be that guy with everyone on here that uses 'loose' instead of 'lose' that would be great...
what the difference between affect (influence) and effect (result) …?
great, now the thiscussion is focused on grammar.
affect and effect are easy to mix up. ... affect is usually a verb, and it means to impact or change. effect is usually a noun, an effect is the result of a change.
'impact' would have also worked.
but what if you were affected?
it was right there on the article's title too smh
our education system is a complete fucking failure.
because of you this thread became a grammar nazi thiscussion...
the world's richest karen must of had someone write this for tesla, obviously... in the end, elon is bad for crypto. i've been saying this for over six months. older investors understand this. the younger ones: "omgers, he is so cool and the dog coin is funny. yes, master, i buy now..." look, if elon wants to start treating crypto like a legitimate asset class like (eth and btc) fine but if he continues to act like a passive aggressive karen who gets but hurt when he gets challeneged for what he is doing (market manipulation, cheering !#) , he needs to go.
it’s affecting everything - correct. it’s super effective! - also correct. it’s beginning to effect my affectiveness - the last word isn’t even a word
it’s musk’s not musks
someone had to be
no it is a blatantly wrong use of the word. its english 101
it’s also “musk’s effect” while you are at it.
can you be the guy again and explain the difference? i’ve always wondered when you use the right one
thank you for your service.
what's worse is that the article itself has the correct word. op fucked up on a higher level.
i am glad i'm not the only one that gets bugged by the misuse.
it’s both. effect as a verb has physical connotation. affect as a noun has an emotional connotation. so theoretically he does both. effect on crypto and affect the fanboys.
oh c’mon, dr. syntax
his affects have no effect on the crypto space
came for a good read and i have you fuck wits arguing over grammar, smh
sorry to be that other guy. read the dictionary. several words describe the same meaning.
okay, ban this annoying guy.
funny to correct grammar instead of the bullshit idea that musk doesn’t effect crypto.
what about dodgecoin lol
that's why i always use the word impact instead!
but i thought musk was supposed to be the nazi?
no worries, people who use could of when they mean could’ve, then when they mean than etc on the internet drives me bonkers.
well if you read it that way, then it needs an apostrophe. i read it as "\[all\] elon musks affect on crypto is completely exaggerated" so it makes perfect sense if there are multiple elon musks, which would make a lot of sense, i do not see how else he can run 6 companies, have 6 kids and relentlessly shit-post on twitter.
also if you click the link, they misspelled "cryptocurreny" in the headline...
elon tweets do affect the price. but only if we allow it to be effective 😏
you remind me of this kids in school that we had to avoid because you'd squeal like a pig to the establishment.
not all grammar heroes wear capes
it could be me...
he effected a change to the affect of cryptocurrency enthusiasts.
doesn't affect me much when people use the wrong word.
we are almost there. his last tweet, even though it did move doge a little, did not have a lot of effect.
it should have been already. "btc bad because carbon!" - oh really, tesla was not aware you need energy for btc mining when they bought .5b worth of it? it would be hypocrisy if it was not flat out manipulation. "tesla may sell btc or not!" - oh really, all 0.214% of its mcap? [that's interesting.]( fanbois and sheeple...
hopefully sooner than later so he can move onto other topics and spout nonsense as far away from crypto as humanly possible.
totally! his influence will wain
haha the boy who cried doge...
the boy who cried i'll eat my own dick
thought he doesn’t understand how much affection he had on the market by simply tweeting something.
that's what happens when you are just hyping a fad. people's attention spans are short and they move on to the next thing quick. he better get a new schtick if he wants to stay in the news.
i mean he is showed that he is just a pump and dump orchastrator and cannot be trusted . i really hope people are catching on
it was not even elon. look up barry silbert this is the guy shorting the market, using the dip to accumulate more crypto and enough info to front run trades, controls enough crypto media to publish fud and probably enough btc to drop markets
his tweets were a trigger for a long time planned actions from major holders, do not overestimate them.
yup, it’s getting like that now
i feel like this happened early on with doge. it eventually stopped spiking on every tweet, then mainstream news got ahold of it and it started all over again
...boy who cried moon
what people do not realize is bitcoin is the king. when bitcoin goes down everything goes down. i mean everything. elon could try to sabotage bitcoin so that he could pump doge but it does not work that way. he learned it the hard way or may this was part of the plan so that him and his wealthy friends could get more coins at a huge thiscount. who really knows?
he hurt his reputation or better his brand name among the young generation. it will not end up well for his other endeavours. "grifter" will stay with him
whilst i may pay homage to elon for tech, i pay more homage to kathie wood and mr microstrategy considering finance is their speciality
was just gonna write this.
i truly hope so.
hey elon stop meddling with crypto and stfu!!! the second richest man on earth doesn’t need crypto! go spend your money and stop bringing attention to us crypto nerds!!!!!!!
just make fun of the fan bois so they are not like, "omygoshhers your my hero econ."
i just think they choosed him more like a scapegoat. the entire scheme was planned years ago. and executed perfectly using masterpiece designed by wyckoff
back in the 90s trump would do something similar. buy a bunch of shares of a company, float rumors that he’s going to buy it, drive the price up, and then sell. after a couple times everyone wisened up to his trick.
who is gonna eat him?
the boy who cried doge.
yes, i think so. people will stop listening. he trashed bitcoin again today, did not seem to move the market.
he’s lost credibility in my eyes. rich people fucking with the people’s livelihood. how much longer are we going to keep arguing amongst ourselves and take these evil wealth hoarders on? i want us to form the largest coalition of poor, middle-class and marginalized people in the history of this country.
*effect --sorry someone had to
you mean the boy who cried doge?
finally a level headed thought. yea elon is a bit narcissistic about being a pro when he gets into something new, but the buck doesn’t stop there. he has mega influence, from both his social platform, and his bank roll.
he hyped my coin and i still hate him
i think his influence was a one time thing. he clearly triggered a correction, but it was going to happen regardless of the trigger. i think any impact he has will be dulled from here on out
i don’t want him to touch eth. we have vitalik, we don’t need him
i just hate him in general
yeah, this post's title is just so far too naive sounding for me. to think he would not have any effect is just silly.
he did successfully predict the most recent crash. i am going to pay attention to his moves. i'll probably be downvoted, since this goes against all the circle jerkers.
so tesla isn’t selling their bitcoin, what does musk have to gain from dropping the price of an asset that would end up hurting their earnings report if it goes down? people think just cause he’s rich he is bad, elon is allowed to talk about any crypto he wants, it’s free speech, he’s not doing anything illegal
the difference between the kardashian and mr. mucus is that when people start losing money they will have to stop taking advice from him. where kardashians are harmless
would you like some grass with your meal sir? 🐑
are you arguing that only irrational people follow or fall in line, and also therefore that the majority of army, some who perhaps blindly, follow elon? i find it funny, i've seen it many times now, where people apply certain logic to elon but then not to themselves; e.g. incongruence, lack of critical thinking - ideology.
please tell me more about his > huge quantities of crypto purchase
the thing is his effects will bounce back quickly over time, as smart investors realise the prices, on average, ignore musk.(since he tweets so much, this wouldn't be the case if say gates tweeted about btc.)
its strange that the most ambitious and successful entrepreneur of our lifetime gets mass attention and people are surprised. when is the last time one person's name was as popular as their car company? and ends up turning the industry on its head... takes on engergy giants... makes leaps and bounds over nasa? come on... we are looking at someone who will influence the world for decades.
the thing about celebrity is that people can and will turn on them at any moment. if you had said three years ago that ellen degeneres would be universally despised, nobody but the people who work for her would believe you. if the big media people decide elon is no longer useful, no amount of joints on joe rogan or child-looking dj girlfriends will help him.
idk how they even came up with this opinion that musk has little influence on crypto. just look at the fucking prices in relation to his tweets. every single rise (or fall) as of late has occured exactly in line with his tweets. even this last crash is likely only recovering because he made two crypto bullshit tweets yesterday "tesla has 💎🙌" and "credit to our master coin". the guy is blatantly manipulating prices, has previously settled with sec for securities fraud and people are gobbling his tweets up like fucking lucky charm marshmallows in a daycare.
sure not zero affect, but the reality is that the kardashians truly do have little impact on fashion and reality tv. the majority of people are not purchasing off recommendations of them, businesses will continue to sell 99.5% of fashion not inspired or derived from them. half the folks that have them in their radar do so because of a negative association. they are not moving the entire markets needle, they are just moving their herds. now i'm incredibly over simplifying here but it is the paul brothers fights, they took the mcgregor, which was a capitalization of the ufc rise, which was a capitalizing on the rise of the wwe before it, the wwe capitalizing on the boxing era before that. but to say the paul brothers are affecting the market i think is way too much credit to them. they were just able to see the trend and took advantage of it. the trend of combat sports mix entertainment was always there. they did not make it, or create it out of nowhere, or even come up with the idea. worldstar has had billions of views before the paul brothers even thought of a pay-perview. short sighted analisis will say the paul brothers "influenced" the market when in reality they just capitalized on it. same as elon he is capitalizing on the market getting into btc and doge, but the trend toward crypto has been happening well before him and will continue after him. i am highly sceptical that he will have any real "lasting" influence on the market as a whole. unless he creates a crypto company and starts pooling up in some real developers he is a talking head. let the paper hands live and die by that sword, the real investment is long term over time. time in market.
elon can move markets sure but not crashing markets 50%. fed, interest rates, bond yields, inflation have big influence as well. elon is just a puppet. he was chosed to be scapegoat, big players behind him manipulating the market. elon knows their plan. and he moves accordingly like pawn supposed to do. they created this big rugpulled scheme years ago and executed it perfectly [step by step](
>this post is as stupid as saying the kardashians will have zero affect on fashion or reality tv soon ermmmm no. elon has fuck all to do with bitcoin - fashion & reality tv have been the main focus of the kardashians for years.
the article linked in op calls it "dodge coin"... right on top... in the headline. mind you, this seems to be a proper news publication and i believe each article draft would go through multiple proof readings and fact checks and approval by the editorial team before it gets published. still they cannot catch the big mistake right on top. dodge coin?! they really want us to believe that a journalist? not saying elon should be trusted, he should not be... but these media people are equally laughable. they are just all reporting on crypto now due to the massive rise in prices. hardly 6 months ago, 1 year ago these journalists had no idea what "dodge coin" even was. today all of them want to publish dodge coin articles and make us believe they know everything about the space.
he really does not, it is unfortunate people chose this billionaire to worship as a genius for some reason lol
he ones said that "karl marx was the best capitalist he even wrote the book of it", probably a joke but... :)
he didnt say you could just "tweak" the numbers lmao. he said the technical specs for doge need a massive improvement if it was going to be the digital currency of the world
this is actually a dumb comment. you likely read that this was a dumb comment. let me assure you, musk is smarter than you or i. saying he has no knowledge is ignorance at its peak. you can hate him, but dear god...get something right about it.
you're right. also, just because he is rich and owns a tech company, do not think you know less than him.
doge has gone on for close to a decade now. thank god it finally took a genius like elon musk to figure so simple out!
i always thought he was trolling and that he knew what he was doing. i’m not sure why people assume he’s being serious about this stuff. i have a feeling he knows what he said about doge was total crap and he liked the attention and reactions it created. i mean think about it. he just made up some crap about how he could tweak doge to make into a “real” currency and it caused people to buy into it and the media coverage was ridiculous. there is a certain meme, whether for personal amusement or money, are aware of. some might actually believe in them like a cult, but most are in it for short term gains or laughs.
it's pretty classic narcissism. you probably \*do\* know more about crypto than him, but he would be deeply offended at the very thought of somebody knowing more about crypto than him, despite that you'd presumably cede to him that he knows way more about asking his dad for emeralds than you do.
and some people think this guy could be satoshi nakamoto, insane
that’s his entire mo. he bought tesla and said “we’re going to make it more efficient and also faster and also hold more charge and also affordable” he bought spacex and said “we’re going to make reusable rockets” reading between the lines is “hey engineers, you better fucking figure this out while i dick around on twitter”
knowledge is not needed, this is america bitch
hoskinson’s response video was pretty funny.
that is 1 guy not having knowledge. legions of bitcoin users also have no knowledge, apparently, if they can be fooled so easily. blame is on them.
if you watch him in his talks you can catch quite a few areas where he is completely wrong but just walks right through like he knows what he is talking about. he's a professional bullshitter. as we can tell from our last president. it gets you insanely far.
i'm sure he does have knowledge. he bought more than everyone on this sub *combined* will ever have.
thats the point. thats why the media is right to call him out and call it market manipulation. he isnt an expert he can simply tweet and make the price go up or down.
yeah, and the subsequent meltdown when people made fun of him was the "pedo guy" incident all over again. musk thinks he can show up and throw money at problems until everyone calls him a hero, and does not handle it well when people call him out for it.
billy markus thisagrees with you. if i knew how to search twitter, i’d link the tweet. he thinks 2’s suggestions are doable.
didn’t he say having a degree doesn’t make you smart? well neither does having a billion dollar networth. lol
> he clearly has no knowledge stop patronizing a billionaire. there’s a non-zero chance he has no knowledge. he played us like a fiddle and that’s how it goes. we control our own bank and currency. the moment we stop treating this like stock and more as though we are our own bankers, this nonsense will stop.
if an asset is centralized or decentralised has nothing to do with if it can be manipulated or not on an open unregulated market.
while i agree, this is not a detraction from crypto's resiliency; blocks continue being added to the chain in a decentralized, trustless manner regardless of whether or not treelon husk tweets. the resiliency is in the ability to withstand attacks from bad actors, not necessarily withstand crazy price action
when you are the richest person on earth, people tend to believe and follow any shit you say, its herd mentality. but i do believe he is becoming less and less influetional.
i dont understand it. who out there is like...ooooh elon tweeted about bitcoin i better go buy it...? and why?
michael saylor and justin sun are definitely loving it, it is like black friday for them.
whales moving *waves*? instructions unclear. buying more waves at a thiscount.
it's funny how everyone is ok with tweets when price goes from 30 to 40k. but when it is the other way around suddenly it is unacceptable
the majority complaining about these price manipulations where probably ok with it when it was in they are favor and they are coin was rising. you cannot say f elon for doing this my wallet dropped by 40% and at the same time have been praising him weeks before because it was in your advantage at that time.
100% this. just another whale accumulating.
that does not make sense. taxes are for the prior calendar year. they either would have waited until january or would be waiting until next january. unless you're talking about realizing long-term capital gains, in which case purchases on a large scale are random and therefore when people realize them is also random.
interesting hasn’t thought about that. it also coincided with news that china was cracking down harder in crypto in their country.
aaaaand he just posted again about doge lol
but like the headline says, the more he tweets about it the less impact he will have. so either way, he cannot manipulate the market for long by tweeting.
agreed. he should instead start tweeting about education or such.
i don’t think this is the solution. if he doesn’t tweet, somebody else will.
or we stop caring ;)
first bitcoin, then gamestop, then dogecoin, now bitcoin again. eventually the get-rich-quick morons will move onto the next shiny object while hemorrhaging money the whole time.
the only thing it creates is hype
if he leave planet earth, it would be best for everyone!
we said the same about john mcafee last run. there's always a charlatan where there is money to be made.
but what about those sweet sweet moons for posting an elon tweet??
i think op made this post when it first looked like it was retracing to before his tweet. not looking so accurate now that a single tweet of his has made a sustained 10% pump.
it is not that his tweets make prices fall, it is that the fall of the market makes him tweet. then he tweets and the market falls even more, since people are easier manipulated when they are (already in this case) losing money. what i am trying to say is that he times his tweets with already happening market drops so the market drops become bigger, making us think he is causing the initial market drop, and that if he did not tweet the market would be fine. that is just my opinion.
i've scraped up some added fiat hoping for a double dip, you mind yanking a time or two more, for us? really go at it, i think that'll help. mad props!
i doubt that. people have not been able to know the difference between effect and affect for a long time so i do not see them knowing about crypto.
i lost any admiration in him starting a couple of years back. and do not get me wrong i love spacex and actually what tesla has done for the ev market, but damn elon is a clown. the easiest example of his character: calling a rescue diver a pedo because he thisagreed with him
if it makes things a bit easier to wrap your head around, yesterday's price action had nothing to do with musk. it was a coordinated action to try and get justin sun liquidated. they almost succeeded, high gas prices may have saved him. 2 minutes after liquity went into emergency mode, sun repaid , he paid 1500 gwei for gas.
it only takes 1,300 bitcoin to move the price 10% on the most liquid bitcoin exchange (bitfinex). the next most liquid exchange after that it only takes 800 and the one after that only 300, and it drops off even more after that. tesla has over 50,000 bitcoin, enough coin to completely wreck the order books of every major exchange several times over if tesla decides to dump. you'd have to be a fool or a fanatic not to care what someone with that much power over an asset you hold has to say.
love me some bots!!!
yeah and it also scares people away from investing if they think the entire market is so weak it can get wrekt by a single tweet.
you waited that long? doge is for playing hype waves... not holding.
his tweets were enough to kick off massive emotional sells. sure, they didn’t directly cause. 60% drop, but they catalyzed it.
elon basically is a slightly smarter gen x, sci-fi fanboy version of trump. thinks he knows the most about any topic, check. tries to smear and humiliate anyone who thisagrees with him (the diver he accused of being a pedophile for saying his submarine wouldn't work, check. slapping his name on other people's hard work, check (paypal, tesla, etc). basically being an overglorified hype man for their personal brand, check.
yes, this is the reason for a trillion dollars to leave the crypto space, not an elon musk tweet
right there with you. who cares about this guy’s opinion on btc or any other coin? just the st00pids that would join a cult anyway.
thanks for a good bit of feedback happy to hear stuff like this. take it easy dude
good post thanks indeed it is all bs we are spoon fed.
yeah. i do not get the ev subsidy part. a luxury car should not have any subsidies. it only makes sense to give subsidies for sub . will force tesla to build a cheaper car than the model3 for mass adoption.
is not that always the case, the rich simply gets richer
looks like his beloved tesla stock is about to take a huge shit also, let’s see how he plays that one out
imagine believing that joe rogan does anything but have casual conversations. you fucking people need to get out of your circle jerk bubbles sometime.
true. he thought increasing the block size x1000 would just solve every problem or something. like, we have had a billion coins over the past decade doing these kind of things. he's coming up with entry dev level solutions that have already been thought of by everyone. either he is a super good troll, or a super toxic one.
i mean unlikely. mcaffe is a nobody, who only had some impact because he was somewhat of a "celebrity"(d-tier), which was novel for crypto at the time. it does not get bigger than elon musk, so i do not know how he could fade. so short of trump becoming a crypto advocate, i do not see elon fading away. and do not be confused, musk absolutely is a crypto advocate atm, though he is pretty clueless as far as i can tell.(doge=btc=useless, he would shill eth if he had any idea)
stahp, this does not fit the narrative!
your complaint has been noted, someone will be right out with a sticker
sorry not all of us are native english speakers
soon will be a aaa 😅 or caa 😅
thank you 🙏🏼 that’s at least 30 times now
what's that? never heard of it
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yes buddy that’s why i said they’re exaggerating his influence
i stopped giving him the likes and engagement on social media. eat that elon
do you have any idea on what infi next deals? i'm excited to join in the private sale. i saw that most of the private sale they have is successful.
why? i cannot think of a single redeeming quality about him especially if he is not responsible for this crash.
sorry to say, but you have a bunch of stupid friends. who else do they listen to?
yeah hopefully elons a pain but will be ignored ideally
this was a great story. thank you for sharing.
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narcissist. he pushed out the founders of tesla and then try’s to play it off that it’s all his work…
people were, but in some subs and other media platforms it’s a nono to speak ill of lort elon…so it was blocked and deleted.
his doge is long gone
mods can we ban for spam.
institutional investors stepping in were the big catalyst, not elon. elon might have helped bring more institutional investors to be table, but honestly he is just a hype machine, and the real business has always been happening behind the scenes, off twitter, off reddit, and out of the media spotlight.
isn’t that basically a pump and dump that he did?
i’m not a native speaker, but i still find it important to write correctly and be corrected by others if we don’t. the number of mistakes i see on reddit and tiktok is crazy.
never understood the difference between the two. that example finally made it make sense. thank you !
but also, elon effected a drop in the crypto market! edit: [relevant xkcd](
effect = noun affect = verb
he's also a bit weird.
^(effect = noun) ^(affect = verb) **elon affects(changes) crypto** **elon's effects(power) over crypto** ask yourself, if you substituted a word, would it be a *verb* or a *noun*?
i also remember "you are affected by the effect"
dude for years i've had an issue with this. thank you.
effect is the noun, affect is the verb. i remember it as **a**ffect is an **a**ction
gotta say it does not affect much in the end
but effect can also be a verb: effect transitive verb 1: to cause to come into being 2a: to bring about often by surmounting obstacles : accomplish e.g.: effect a settlement of a thispute 2b: to put into operation e.g.: the duty of the legislature to effect the will of the citizens obviously op's usage was meant to be "effect" as a noun but it is hard for a lot of people when "effect" can be a noun or verb with actual different meanings.
taking this rule too literally could *effect* an *affect* in your writing though. each of those words has meaning as both a verb and a noun.
the law of diminishing returns.
only reason it moved doge is because people have programmed bots to buy
people will be angry when they sold because of his tweet, fool me once etc
i bought doge during february . what people (who say doge is completely controlled by musk) don’t understand that before the last month - whenever musk tweeted about doge (past the first week gme saga) was that it stopped having any sort of significant effect for 2-3 months (before snl happened). elon tweeted about doge periodically for 2 months , and it still traded sideways between 5-6 cents during that entire period. the effect of musk on btc was totally exaggerated beyond the first hour dip where we saw a sharp dip from the tesla announcement imo. if anything, logic says that btc’s price action was always inevitable and musk was just used as a villified face for people to put a target on. there’s just no way you could pin the blame , of btc’s crash to 30k one week after a single tweet. sorry, it was massive fud at that point regardless whether the tweet was done or not.
i hate this guy
it went up 20% in a few hours.
people need to point out he is the annoying nerd at the party and has overstayed his welcome...
that’s because his tweet was a signal to his friends that the pump was over and the dump was in play.
i think it is because all the suckers have bought in and are now strapped for cash. ➡️just in case anyone is reading this and thinking of buying doge, do not. it's likely to suffer a massive crash down to where it belongs (a few cents) due to its massive ever increasing supply.
if elon said shit can be eaten, plenty of sheeps will run to the toilet and eat it right away. its the trump syndrome.
i mean, someone instantly selling 0.25% of the total market cap of anything (crypto, real estate, shares) is enough to give a good hit on the market.
making teslas is bad for the environment. but its better than gas cars. and bitcoin mining is energy intensive, but it is better than banks. now go adopt a dog from a shelter.
the strip mining for his minerals is terrible for the environment, but he will gloss over that its also his p.r and social media firm swarming this thread with "tilon did nothing wrong" garbage
also. btc produces carbon. u know what also produces carbon? * liquifying and casting metal coins * producing paper bills * transporting those bills u know what also generates carbon? bankers, driving to and from work every day. their computers used to track and do business? those also generate carbon from electrical use this whole carbon excuse is bullshit
elon... musk, i think?... i do not know what that is either... i think it might be a perfume or something but i do not know
yup sounds about right. wily fuckers.
i think the issue is that a lot of people have spent a ton of time learning crypto. the hard hard lessons, technical analysis, how each coin functions and what that means, etc. then a bunch of “off the street” folks have come through and made fistfuls of “cash” without going through any of that. leaves people real bitter and a touch gate keep-y on their push back against it
he is a big manipulator. i hope he leaves cryptos alone soon. he can keep tweeting about shitcoins such as doge tho. idc. just leave btc alone, elon.
seriously. the way this sub's been the past couple days you'd think elon robbed everyone personally:
a bit narcissistic? he's a lot narcissistic! he's the poster child for the silver spoon crowd that takes credit for shit he does not deserve. look at his parents. he kids all this credit from the fanboys about his parents but what he has patents for are meaningless as far as the products he sells goes. he has a patent for the design of the charger for teslas. the patent just covers the design, how the charger is shaped, not for how it works or any of the technology behind it, just for the design. this allows tesla chargers to only work on tesla cars unless you buy an adapter from tesla because they own the patent on the design. it's a cold calculated businesses decision for the sole purpose of generating revenue and not an engineering decision to increase functionality. he also did not start tesla, which he also takes credit for. the way he treats his employees comes straight from his experiences of his rich daddy that owned precious stones mine in apartheid south africa. he was also.lucky at being at the right place at the right time as far as space x goes. had bezos started his rocket company before muskrat then everybody would be sucking his cock about how awesome he was instead. musk got there first and had first dibs at poaching all of the best engineers. that does not make him some fascinating engineer it just makes him a good businessman. which all he deserves credit for. musk is just a narcissistic blowhard. but hey, he smoked a joint on the joerogan show! he's so cool! fucker did not even inhale and just like everything else it is something else he gets credit for that he does not deserve.
self fulfilling just like a lot of the technical analysis pattern trading. if enough people are playing the same game the game works.
also, the title op posted is quite literally the opposite of what the article is saying. the fact this post is so highly upvoted with the literal opposite title of what the article says makes this sub look dumb af.
> what does musk have to gain from dropping the price of an asset that would end up hurting their earnings report if it goes down? ummm, a lot? dumping it in the short term allows , and then boast on their next earnings call about having another couple (that they got at a steep thiscount) on their balance sheet.
the irony of this post...
well this is pretty embarrassing for you. not only does effect not mean an amount, but affect means to influence something. you really swung and missed with this one buddy check your dictionary. affect - have an effect on, make a difference to. lol your downvote but too cowardly to reply. back under your bridge troll
imagine being so dumb you think of it as media controlling the narrative on the literal and actual third richest man in the world and and not realizing it is elon paying media.
yup people here think ignoring elon will magically stop one if the words richest men from manipulating the market really makes me wonder how delusional the average investor is.
relating the paul brothers boxing to the third richest man and and the world's influence on crypto currency. this brain is as smooth as a bowling ball.
> elon is just a puppet. he was chosed to be scapegoat, big players behind him manipulating the market. do you not realize how stupid you sound claiming that the third richest man in the world is being manipulated by big players? he is the big player buddyguy
editors and journalists and their fact checkers alike this days don’t do jack shit fact checking. they just spill out what their told to do by their big bosses.
it also says "cryptocurreny"
it is because it is a coin that you should dodge.
maybe we should dodge this article!
the journalist tell us to dodge any coin
it's because he uses memes, it is literally that. i think the average worshiper thinks he is a rich scientist who jokes around, and some people get attached to that. i hope people know that he does not have a phd, he does not create the technology the company he owns does, and he is not the founder of his company.
thankfully elon worship seems to be on the decline lately
he also said if aliens were out there “he would know about it” really dude?
he's worked a lot more than most billionaires and pushed ahead with brand new, futuristic technology. i do not think anyone should be worshipped, but i get why people do it.
he just wants to be the centre of attention, all the time and in every field. i hope he just does not get taken seriously anymore ![gif](emoteemo_pack_1safu)
that's actually pretty funny though
ah yes the famous capitalist karl marx.
> he proved himself most dumbest billionaire. you'd be surprised. a lot of the general public still does not understand yet just how wrong he is been on crypto cause they do not understand it themselves
what’s his experience with cryptocurrency or blockchain technology?
i’m sorry, but intelligence aside, that was objectively a stupid comment, not only me saying it, known builders of the sector too. i’ve been in this space for some time and as a dev understand at least to certain degree what’s going on, and it doesn’t require you to be a savant to know his comment was ignorant. because yes, the ones he exposed are the variables, but just changing them that easily will not solve issues without making other ones. it’s not quite a process and there’s tons of tech that already did it. building on top of dogecoin when you have things as advanced as algorand . or are you going to tell me that elon knows more than a turing winning mit researcher? just because someone is intelligent doesn’t mean they act intelyon everything. he clearly knows some basics of crypto but didn’t put that much work on it and it shows.
yea i can understand the anger at the consequence but there is no such thing as bad publicity. he’s probably *is* the smartest person on earth, and the best at doing at doing what he does best — just as most of us are equally best at what we do best. he moves markets, revitalises industries, and challenges status quo. this is the same man who spent countless hours coding to launch a website, just as some of us here might have — and that’s no slouch. am pretty sure he knows what he is doing. sure he has his quirks, but tweeting something unpopular doesnt make him dumb overnight. plus whales are probably looking for an opportunity to dump on you and elon is a great smokescreen to hide behind, as they continue manipulating your coins.
you can still be wrong once in a while even though you're rich and own a tech company btw
what's funny is that dogecoin is literally just bitcoin but with scrypt and block size and block generation time tweaked, which ends up indeed making it more efficient. elon is not wrong in saying adjusting those parameters further could help.
im talking about the tech for fucks sake not how he manipulated everyone
voting is completely decentralised, but it can still be affected by social media. as can shopping behaviours, etc.
you cannot regulate it as far as taxes and shit. there are coins that are 100% privacy. nobody knows who got them. even btc how can one prove you bought that much, or this wallet is yours. nobody can know. i'm not in favor of regulating crypto space. totally against big bro coming in and saying what i can and cannot do
people are sheeps. ^((me included))
he definitely does not have 1 percent of the supply or close to it he has 50000 btc which is 0.27 percent currently mined, in fact its lower than that because tesla sold 5000 in the first quarter
that’s not true. if he made a negative tweet about gold it wouldn’t make any difference.
as someone holding a coin, why do i care whether it is bad actors or "crazy price action"? either way, i lose my money... also i'm curious what bad actors you're talking about. there seem to be plenty of bad actors in crypto...
important figure tweets about it positively > good publicity > people expect the price to increase so they buy > price increases important figure tweets about it negatively > bad publicity > people expect the price to lower so they sell > price lowers
apparently the dip to 30k was someone trying to shake out justin sun
rich people enjoy while we poors gettin stressed more and more.
it’s unhealthy for crypto either way but it’s probably inevitable with how new it is.
i think it’s more implying people liquidated their position on monday to pay their 2020 taxes that they owe.
people can owe money not from just taxes. the tax laws have changed a lot in the last 4 years and many families are paying more now than they did 5 years ago. it is entirely plausible some hodlers needed some money now, or found the “free money” in gains an opportunity, to pay said taxes owed.
idc if he posts about doge or anyvother shitcoins. he just stay away from non-shitty cryptos.
yup, doge hardly moved
haha, not gonna make him money though
that's what's so weird. people want a representative of a decentralized system lol.
it's also just whales capitalizing on his tweets. pump and dump it a few times the moment elon musk tweets and you basically made him your puppet for the upcoming weeks.
i'll do my best and i'll be thinking of you! fingers crossed!
yeah that story said a lot about his character.
that's what did it for me too. elon was thisappointingly immature about it and showed how sensitive his ego is.
don't forget how he made his engineers build a submarine in like a week, then had it called surplus to requirements and then threw a hissy fit.
someone else put it this way: "what elon does with his talents is fantastic. what elon does with his tweets... not so much."
yeah that moment i remember as well, big thisappointment. i forgave him because we all make mistakes every once in a while. but over time it becomes more and more clear that it is becoming a pattern rather than incidents. the guy is a genius who happens to also be a toxic asshole.
and you know this how
exactly. i just don’t understand the mentality of buying when he says something good and selling when he trolls. it’s not like 80% of us can afford tesla’s anyway lol. why should that one tweet have such an effect.
the only thing this idiot is successful at, is using the security of his family, then his own, wealth to coopt and eventually outright steal other people’s good ideas.
i agree with him being higher in celebrity status but my point of view arises from the assumption that he keeps remaining fickle and tweeting crap which would ultimately become his cause of destruction. otherwise he could choose differently and retain his crypto advocate title atm.
check the title in the linked article hahah
huh. me and some of my stupid friends made stupid money going in doge at 3 cents...
why? because i have a different opinion? sorry to spoil your echo chamber. 🥴
maybe elon was trying to warn us.
the amount of mistakes i see in highly regarded publications is crazy.
loosing and breaks (as in car brakes) are the ones i see the most.
say what you mean, mean what you say. how people speak and type. imo, it is an instant "tell" on how much value i (as the recipient) will place on the other person's words. i just do not place much value on people who insist on being lazy with their verbal. it's sad, it is sloppy, and it is chilthish.
mistakes in spelling on tiktok are deliberate, it increases interaction - people that are commenting about the spelling wouldn't comment otherwise
correcting people's english should always be welcomed. at the end of the day, it depends on how people take it, and some do not take it well!
i’m a native speaker and sometimes i want to go back in time and kick the people developing this language in the nuts. plurals make no sense. it could be so simple but no we get shit like goose = geese but moose = moose. ???
as a non native speaker i'll guarantee your grammar is better than 75% of the native speakers.
what's triggering me are the confusions between their there and they are. i'm not a native speaker either, and most times i see these mistakes are from natives ones (mostly muricans) 🤦‍♂️
you are not a native speaker and i guarantee you communicate better than most english speakers i know. every time i see “should of” i know it’s a native speaker that’s stupid as hell, it’s never someone with english as a second language.
dont wanna loose all yur etherium.
but let us be honest you'll probably forget and be confused next time🤣. i know the difference but i'm still confused every time🤷‍♀️.
raven is a good acronym to remember for it as well. r means nothing but aven means affect=verb, effect=noun
wanted to add that too, but up to this day, i still get mixed up with those! jeez so i figured, it was best to leave it out.
except when effect = verb, as in “to effect change” and when affect = noun, as in “the actor assumed the character’s vocal affect”
and while we’re on the topic, affect can be a noun, meaning the emotional state that a person’s facial expression, posture, gestures, etc. appear to convey. mostly used in psychology. it’s pronounced a little differently, though, emphasis on first syllable. aff-ect.
may i call it the law of diminishing returds?
someone even wrote a bot and shared it is
it’s going to get lost but elon tweeted at 50k there’s no way his tweet lasted a week and drove it down below 30k i don’t get the logic of people saying this and upvote this topic that elon’s tweets have less pull and then blaming elon’s tweets for moving btc and crypto down 40% plus. you just sht on your own theory, but this sub has some real smooth brains i’m telling you no one knows but barry silbert is probably the true villain here with owning enough crypto media and btc to dump this and get more alts and btc
i just have a feeling the crypto crash is directly related to wall street more than people are willing to talk about. elon being the scape goat.
you're absolutely right. most agreeable comment i have read today
yeah, nickelback sucks too
imo elon supporting doge is the perfect way to bring the younger generation of investors into crypto. doge is the gme of crypto, and by that i mean it has the greatest pull to first time investors - like it or not. if he supports 'boring vechain' , it will just be one of those boring tweets which wouldn't attract much people. elon tweeting doge is the best way for crypto to be introduced to the mainstream public awareness for the future - i'm sure that once new investors start out on doge, they will branch out into other coins (so long btc and other folks here do not turn hostile against them lol)
well if you shove food up your ass you'll shit out your mouth, maybe if you eat poop you'll defecate food?
i never thought i'd say that one day and i sure as hell did not think it would be about musk. i strongly believe he has the same kind of personal issues trump does, actually **even worst,** if that is even possible. (just to be clear on my position, i am not a never-trumper and do not suffer from tds but i am not a fan either and do have to admit trump narcissism and lying is on a whole other level. *sorry for this tiny bit of politics, just wanted people to know from which side i am saying this from...*) i was never a musk fanboi but i sure did think he was the one exception when it comes to billionaires. i am not even mad at him, i am however very mad at myself for not being more careful like i always am with those psychopaths and getting blind-sided by the mars pipe-dream. my only wish at this point is that he damaged is reputation just enough so that more and more people start doubting the real motivations behind his project and realize that some of them, including colonizing mars, are far from making sense from a scientific point of view, especially if it is going to be a million humans living there by 2050 like he advertises. oh and about the main topic, yes, as always the press is giving him way too much credit. he still had way more of an effect than he should have had in my opinion. even that we had to consider him in regards to the choice with make in crypto is too much. i refuse to have to check his tweets as part of my daily intake of crypto news.
the only reason tesla showed profit was because they had bought btc so i do not see them selling until the rest of the company is just as profitable. or btc pushes back up to + and they sell then use that again to report that the company is profitable.
also is not the vast majority of bitcoins actually in lost hard-drives and forgotten wallet keys? so in effect, that 0.25% is actually much higher of the amount available? besides i did not saw many among you complaining about elon's "undue influence" when he was hyping up the coin.
correct. those things also generate carbon. bitcoin uses 110 terawatt hours a year, give or take. the global banking system uses around 265 terawatt hours a year. bitcoin can handle at most what, i think it is 3 transactions a second? the global banking system handles tens of thousands of transactions a second. bitcoin is absolutely trash for the environment, it is a deliberately energy intensive coin.
dude, the banking system handles way more transactions and does way more than transactions. people also like bankers, and fucking hell grandma and grandpa are not going to learn how to use bitcoins, they want to talk to a real person. my grandmother, would she still be alive, would not want to switch to crypto when she could not use a flip phone. there are way more energy efficient cryptos, let us ditch bitcoin, and move on. we have like 10 years before our the world is fucked.
saying that everything produces carbon is not the argument to convince people when it is very in vogue to be carbon conscious right now. you have to be significantly better than the options not "just as good".
ellen's musk, that lady on that show has a perfume i think
musk is a shitty smelling gooey excretion.
melon tusk vel musktard
if those people who spent all that time learning about crypto then learned about their emotions and how they are responsible for what they did with them, then they’d be one more step ahead of everyone else instead of holding themselves back
this happened a few years ago with btc. it hit mainstream outlets and everyday people were buying btc by the boatloads without any idea of what it was, how it worked, how to use it, etc. it caused a bunch of headaches for people in the crypto space. it's just happening again because it is so simple to buy into crypto now. i can just fire up cashapp and buy crypto without any knowledge other than "it goes up, i make lots"
definitely agree. he can manipulate all the other coins, i do not really cares. he just needs to leave [insert coin i'm invested in here] alone.
is he wrong regarding btc energy usage being excessive?
i am not arguing any of that. i agree with you mostly. but as long as he owns billions of dollars in assets and companies, and continues to stay relevant and controversial in media, he will have significant influence. to say he will no longer impact market prices in the future is ignorant.
someone with a noam chomsky username should probably have a better understanding of the role and influence of the media.
you are fun at parties, i'm sure.
how bout banks and large institutions. there are people who's main drive is power and control, money is just a tool
also when there are cuts the editing department tends to be on the chopping block first, which includes the proofreading and fact-checking staff.
exactly why this article made it through ten editors.
for the last part, when he bought tesla he paid more for the founder title so that original founders could not use it anymore
he’s the memelord’s billionaire. it’s obviously a brand he pushes, but people eat it up because “lol catgirls”.
who founded space x ?
elon always says he is the founder of tesla lol. but he is not. even real tesla's founders do not understand why he claims he is the founder of tesla. you can see their reaction in this video; (01:00) [
people who think marvel movies are the peak of cinema and see a sarcastic meme using billionaire as a real life tony stark so they cannot help but idolize him.
it’s the space and tesla stuff too. not just the memes. people have often just gone “wow cool future”. reminds me of the cyberpunk (genre, not game) meme, where the guy looks at cool cyberpunk stuff and goes “wow cool future” and the political and social commentary flies completely over their head. that’s really all it is to these guys. he’s ‘funny’ he memes (he’s just like me!), he owns cool future company. oh and he also smoked weed once on a podcast the epitome of a tech bro’s icon
lol i mean he founded spacex, he built and founded paypal. conveniently left that out. and he was the first vc for tesla, so he assumed all the risk and built the company into what it is today. the founders of tesla literally had one idea, let’s take a lotus and put an electric engine in it. hardly brilliant. but turning it into the most valuable car company in history is. edit: for big dumbs that do not understand context. elon founded x.com. paypal: mobile device security company. x.com: digital wallet company. the two merge to become a digital wallet company named paypal. hmmmm.
if elon worship ends finally, that would be the end of elon himself too. he cannot leave without attention and manipulating. he is narcissist.
dude cost me . he can kiss my ass, lol.
i think the public gives him too much power. these days attention will be thrown in any direction a bunch of people start pointing and going "wow!". look through history and most of the people who changed the world were eccentric weirdos who did not have a firm grasp except for a certain thing. you can excel at something beyond anyone's wildest dreams and still know nothing about most things. this is the thing i think people struggle with the most, the concept that "both can be true". you know, smart dude talking shit; wildly volatile market that has substance and knows the future; etc...
sounds like a case of narcissistic personality thisorder.
there'll still be people out there always ready to reap out their lungs for him.
yeah, you’re right...i’m sure he, as a wildly successful engineer and businessman, invested heavily into a market he doesn’t understand. i’m sure this is the one thing he’ll just dabble in, rather than help revolutionize. paypal, tesla, spacex, neuralink, boring company...just lucky guy, right place, right time. got me
he claims to have had engineers working with doge devs for 2 years. he must know something
except he didn’t found paypal and never even worked for a company called paypal. do your research.
this is more the tech behind it rather than the money though
i think you misunderstood my comment haha, i'm saying exactly that! he's just a rich guy who owns a tech company.
we’re talking about the same thing. i’m saying he’s not ignorant but willfully saying stupid shit to drive buzz. most people who have invested in crypto haven’t read a single whitepaper. they probably don’t even know what a blockchain is. so, he’s peddling snake oil and bait and switches. i know all of my friends who recently got into it sure as fuck don’t know the technology.
you didn’t get my point.
overall % does not matter, what matters is active liquidity. the most liquid exchange at the moment, bitfinex, only needs 1,300 coins to move the price 10%. 50,000 bitcoin is enough to wipe out the order book of every major exchange several times over.
i bet he could april fools a gold tweet and affect the price of gold.
if he made a positive tweet about gold it might.
if there was as big of a market of ordinary people who can quickly invest from phone apps in gold as there is in crypto, it probably would.
resiliency is often used to describe how strong a cryptocurrency is to attack by hackers (i.e. bad actors). it's a measure of how hard it would be to make fake transactions or do some other such fuckery with the blockchain itself. such events would make a currency basically worthless, since it could not be used safely. since crypto is still young, it is very speculative. the market assigns it value based on people betting it will be worth more in the future, not necessarily due to delivered value (yet). people can manipulate the price of crypto, yes, but that does not mean the underlying blockchain is any less secure. it's still chugging along, doing what it does, and *that is* what gives it true value, not what people are willing to pay for it
that makes way more sense and did not cross my mind. i read it as people misunderstanding tax code and liquidating in an attempt to not pay taxes until next year
correct, that’s what i meant.
i thisagree you pedo.
i guess that is true. if doge goes back to pre elon prices(without the rest of the market also crashing) he would definitely lose a lot of his influence, but i do not really see that happening.
fixed it. now it is use is universal
you want to talk echo chamber and you literally just type "teamelon" ... you added literally zero to the conversation. nothing.
yeah i’m actually impressed by reddit users in general, as far as internet communities go.
the publication uses it correctly, it is the op who sucks here.
sorry but i have to be that guy. it’s number, not amount.
i see apostrophes everywhere instead of "ies", for example, "baby's" instead of "babies".
what if it was stephen hawking but his wheelchair glitched?
they are not always deliberate. people are really shitty at english grammar.
u fak me, i fak u.
that's how i improve my english lol. i love when someone corrects my mistake. thanks kind correctors!
i was baffled when i realized that people on the internet hate to be corrected. i thought the grammar nazis were the good ones, but i guess i was wrong. i like to write and speak properly, hence i appreciate when someone corrects me. that's me though
how about other languages?
i hate when people say "i seen" instead of "i saw" or "i've seen" and i always correct them... approximately zero of them have taken it well.
i use my wife for that. she studied english so she’s my dictionary.
*take it good, good not well
unless it is super condescending, like just posting: \*you're ' extra funny when the comment is incorrect.
yeah but i gotta say french is also difficult
think of it as cause (affect) and effect. *a* comes before *e*. you need a(ffect) to occur before you can feel the e(ffect).
no wonder people say english is hard lol
affect can also mean (noun) something deliberately expressed for the sake of appearance, like a fake accent, an unusual garment, a tattoo, or a cybernetic eye stalk.
motion to now call it the law of diminishing returds. all in favor say aye.
the law of diminishing retweets
best comment yet^. 12 hours before elon’s tweet there was and still is a clear head-and-shoulders bear reversal signal in the bitcoin price chart. see for your self. may11. but people need their pariah.
nah that is bullshit - timing of his tweet exactly matches crypto crash - elon creates doubts in people making a catalyst for crash - if you look at timing of tweets and price movement it is clear his tweets move markets get off elon's nuts bruh
100%, i strongly suspected there was major btc price manipulation and suppression the previous 2 days (around the same time, 9am usa time) because we were headed towards a slow recovery and crashed at both days around the same timing some big money whale. hopefully they are done with the funny business and are allowing it to rise (i'm sure they bought at the lowest dip after the crash) now
musk himself once said he lives by ambitions that are way beyond achievable. he said if you think you need 10 years for something, aim to do it in 3. not because it will realistically happen, but because after those 3 years you are way further than when you would've simply accepted it was going to take 10 years. i think this "living on mars in 2050" is a good example for it. it's not going to happen. but by seriously living and working towards that ambition, he will get us many steps further than anyone could have thought. if we could land 1 person on mars just once, that would already be a huge achievement from a scientific point of view.
“they hated because he spoke the truth”
i don’t expect crypto investors to have a handle on their emotions. the posts all last week show it. people forget that at the end of the day it’s your decision as to what you wanna invest in, no one else to blame.
no he is right. but he knew this already when buying btc.
the irony is too much. the media is controlled by the rich like elon to not understand that is to be too stupid to converse with.
i mean not if your a bowling ball
> there are people who's main drive is power and control, money is just a tool yes and his name is on musk how are you not getting this. there's no one bigger or more powerful behind him. he has the power
exactly that, it really sets of the facade.
love how dumb some people are. he did not buy tesla and there are five legal co-founders, of which musk is one. musk was employee at tesla. when he got there it was not a small team of engineers working on a prototype. it was three guys with an idea and no money. musk lead the first funding round and contributed .5 million out of the .5 million raised. he became chair of the board and appointed eberhard ceo. in 2007 eberhard and one of the other founders left. in 2008 musk became ceo. in 2009 eberhard tried to sue tesla and musk due to musk referring to himself as a founder. much of his lawsuit was tossed out and he settled it. the result is that the first five employees of tesla are all legally granted the title of founder. so both your claims are wrong. musk did not buy tesla and the other founders are not blocked from calling themselves founders.
musk. he also legally founded tesla along with four other people. eberhard tried to sue musk and tesla over it but much of his case was tossed out and he settled. there are legally five founders of tesla and musk is one of them.
he founded x.com he did not found paypal. he merged with paypal.
he was not the founder of paypal. nor did he "build" it, he is not qualified to do so. space x is his thing, but he does not create the technology, he owns it. you're missing the point.
i hope elon sees your comment
the actual founders built tesla. he did not even have a leadership role until 2009 at which point he forced them out and required they list him as founder through a lawsuit. yeah, his money helped tesla get started but it still does not mean what he pulled is not a dick move. maybe tesla would have failed, we'll never know. still does not change the fact that he is an asshole for the shit he pulled.
lol you cost yourself . don't blame your mistakes on other people.
yes thats very true!
i'd argue that most of the people that excel wildly at one skill in fact probably do not know much about most things. it's not always true, but it seems to be a consistent trend. you simply do not rise to the top of any one area of something skillful without devoting most of your time to that one area. and a lot of the time the people that are the absolute best at something are narcissistic to some extent because you have to be somewhat neurotic to have the drive to win no matter what cost.
yep, he could be president if he wanted, unfortunately... i've always heard great engineers can hardly tie their shoes
>sounds like a case of narcissistic personality thisorder. yes and a bipolar thisorder
yeah, a bunch of weird nerds fighting until their last breaths for a billionaire
reap out their lungs?
so i guess you can’t specifically state experience in this sector like you can for vitalik or hoskinson? got it. heavily invested in what? dogecoin? he pussied out of btc to get his environmental subsidies 😂
i mean he kind of outed himself as either a completely thishonest conman or a total idiot with the tweet about bitcoin using a lot of energy. like... you purchased .5 billion in btc a couple months ago and you just realized proof of work protocols require energy? how did you not know that before? also his comment about dogecoin block size was unanimously panned for being completely ignorant of the debates and technology solutions. elon musk is an incredible promoter and great at taking credit for things. he is definitely brilliant in his own way, but he clearly showed he is completely out his depth and doesnt really care to learn about the tech behind crypto projects. he just wants to be the center of attention for his fans to adore and say he can saved something else.
he literally didn’t even start any of those companies and many are worse when he acquired them. he didn’t even fucking start paypal either. do your research before spouting off pr.
he just comes from a rich background where he pays other people to do the science and technology for him, then claims everything for him self. he is a narcissistand not an engineer.
lol. where did you read this. doge devs hardly did anything in the last 2 years. just an other proof of the maturity of his fanbase.
but he did co-found online bank x.com which merged with cofinity which then became paypal.
lmao my bad haha
people still use bitfinex? smh
this might work. “tesla has transitioned to modern eco-friendly (carbon neutral) materials to produce cars. no longer using mined materials, including gold, silver, or palladium in manufacturing.” -elon possibly
fuck i gotta remember this for next year.
i like it, we're just going to merge those two into æffected from now on
i think elon has been a great catalyst for awareness to crypto. overall, i'd say his tweets have been more pro than con even with regards to btc. it's not his fault people are reactionary & trigger happy. i think it is way oversimplifying what's happening to point the finger at him alone. i summarized this & more with: teamelon. 🤗
it’s cause if you spell wrong your argument is invalid and you are a ducking moron who deserves the death sentence.
ok i went ahead and looked it up since you are the second person to say it. i have a 2005 ap style guide handbook. it says that the word number should be used when it is a countable number. examples: number of innings, number of players, number of comments, number of people, number of days, etc the word amount should be used when it is an uncountable amount. example: amount of paperwork, amount of energy, amount of time. now this is a bit confusing, because time is countable... but if you are referring to a non specific amount of time, it is an *amount* of time. whereas if it is specific, even if not specified, then it is a *number* of days, months, hours, whatever. so in this case my comment was about the amount. i can see the argument for either side. however, if i were talking about a single article with a finite number of mistakes, i would say number. but since i'm talking about publications in general, including future publications, i'm talking about an infinite amount, thus i use the word amount of mistakes. but i can see your point. maybe someone has a more updated version than me and can chime in if this section has been updated. edit: found a 2017 apa style handbook and it is the same as above
of course not always, just saying that it is quite known and popular "trick" on tiktok. it is funny to me that it exists only because there are a lot of people correcting the mistakes, which pushes creators to make more mistakes, creating a vicious circle
since we are pedantically complaining about things, i want to point out that spelling and grammar are two different things. the guy you are responding to is talking about spelling errors, so your response that people are shitty at grammar does not really make any sense. (not completely pedantic, because the thistinction does matter a bit. spelling errors are easy to ignore. grammatical errors are more likely to effect comprehension and meaning.)
in that case, ‘it when’ fits better ;)
mistakes might be more grammatically appropriate
english should be capitalized and there should be a comma before “kind correctors!” jackass.
>i thought the grammar nazis were the good ones, you must also take into account the tone of their messages, as they might come across as rude or snobbish. if they correct you to like 'one-up' you or specifically pinpoint errors in an argument, then their intentions are already flawed.
> that's me though forgot the period fuckface
definitely, any language in general. depending on the site or forum! as long as people correct others with the best of intentions, the world would be a better place.
that just applies to english sorry
i was also about to say the same, as a french speaker.
had to wait for your edit to say
the ayes have it!!!!
this doesn’t make much sense but is still clearly the best that’s been presented so far.
hilarious that they crap on elon for causing this and hating on him but as soon as he said looking for a greener crypto. everyone was kissing his ass and shilling their coin to him. everyone please do not listen to people telling you about eth going 10k+ and btc going to 300k this "super" cycle these are all youtubers who's entire income is built on getting views and posting these crazy prices. but i keep hearing this time is different, but i heard that in 2013 in 2018 too. but i get it once the herd gets going and the euphoria goes it is tough to be realistic, myself making this mistake.
it might trend or dip slightly lower as the us treasury has made a statement today saying all withdrawals in crypto for ,000+ must be reported to the irs
if decentralization is a big concern for you beware of xlm, the doge founder runs a website showing how centralized coins are and xlm is 95%. i also own some xlm but i see them as having good potential since government banks show interest in it is capabilities.
i am not sure how right he is. i was a project manager in the video game industry for 20 years. an industry where deadlines are "just a suggestion" and eventually they simply become ignored because everyone knows they are beyond unrealistic. nobody works harder for them. it can even have the opposite effect at times. i am actually willing to bet something similar is happening with his companies. also, not all his ideas are unrealistic strictly from a time frame point of you, in some cases, the science just does not work. as an example, it is ok to consider nuking mars to try and create an atmosphere but once you realize the maths simply do not work on so many levels, the smart thing is to let it go and find something else, not double down on it (and i could make a full post with examples just like this one). i will however agree that we will learn at the very least some things if not a lot as a specie from all his ventures. no matter if he succeeds or not in fact.
*everybody* knew this. him acting like he was the first person to come to this conclusion is what pissed a lot of people off.
nor does he really care. the environment is only a concern for elon when it’s convenient for whatever he’s trying to justify.
which media company do you think elon musk owns? i did not say he had no influence. i'm saying the media has more influence. if you think i'm stupid for saying that, well you can just go right ahead. honestly i do not want to converse with you either, i have adult friends i can talk to.
imagine relating elon to the kardashian's, then calling out someone relating elon to the paul brothers. [it's almost like you are trolling, eh.]( what do i know ape smooth bowling ball brain.
there are people much powerful than him. in fact they are not even people, they do not eat food and breath air like you and me. it's just a conspiracy. i am conspiracy man sorry. think about one global government, new world order ( novus ordo seclorum written on your dollars). and this control maniacs on the top of it. with the help of smart contracts, blockchain technologies and chipization they would be able to creat new form of humans, track their every move and control their behavior, use innovative technologies to attract more people into it and make world complete dystopia without clean water, lack of food, infertile land but extremely developed fast i-net and hi-tech stuff like virtual , watch, phones etc. just read brave new world by aldous huxley and orwell 1984 - you'd understand. (◠ᴥ◕ʋ)
of course he helped make tesla what it is today. he also is solely responsible for the fsd scam thats been ongoing for 3 years and hes been promising for 5 years. he also notably attacked the actual founders of tesla and forced them out after they made the roadster. his impacts havent only been positive. check out "the common skeptic" on youtube for breakdowns of musk.
he joined as an investor after seven months (and being on the board). did he have any further role or employment with tesla before ousting the original founders 5 years later?
what? i did not say or did not intent to say he had nothing to do with tesla what it is today. of course he did the greatest contribution to tesla. what i'm saying is he is not the fucking founder of tesla. that's all. he says he is the founder of tesla because he has narcissistic issues. and i hate that. that's all.
was literally the first vc and assumed all the risk. circlejerk subs literally jump all over the tesla thing. and even if it were that black and white, spacex and x.com (paypal) want to say hi.
if only there were publicly available documents of incorporation to point to the contrary for spacex paypal(zip2)….oh wait. lol get yo uneducated circlejerk clown ass out of here fam.
by that logic tesla founders are not solely respoinsible for tesla. and sure he had flops. lol what succesful businesman does not fail? are you 12?
how is he not creating technology at space x when he was the lead design engineer?
lol x.com is paypal fam. he built that from the ground up.
i hope elon doesn’t spend time perusing apebrain subs like this one. maybe for the memes tho
elon joined tesla in 2004. as chairman of the board of directors. and actually it was martin eberhard that sued elon not vice versa, but dropped the lawsuit since he had been fired for lying to the board in 2007. (fyi at this time tesla had sold a whopping 0 cars) they agreed amicably to share the title of co founders with marc tarpenning. but hey if i’ve learned anything today it’s how uninformed this sub is, and how shite it is at doing research.
so funny you said that... i know more than one. my mentor was instrumental in a lot of foundational tech but was absolutely useless at some of the most basic life things. it was hilarious to watch and really gave me a different perspective on genius. people often forget few geniuses accomplish anything alone... and i think this is why. edit: i said "foundational tech" in a crypto sub... disclaimer: i do not work in or around crypto, now or in my past.
so elon for president!
yea, you read that right. 😂
wasn't pussying i guess, but rather owned his loyal fans which is probably even worse for a person of his level of acknowledgement. so many people got owned for their stupid but sincere trust in this guy)
he hasn’t sold btc, though bud. whoops. but yeah, keep it up. you know what you’re talking about. edit: wait, you really don’t know that he’s invested in several crypto projects? lol. do you know how long he’s been involved in crypto? i actually thjnk you don’t. lol.
people said the same as jobs. i think it makes them feel better about themselves or some other insecurities. i’ll give you 1 doge if you can point out the logical fallacy in your comment
he very literally founded spacex, neuralink, the boring company, and also zip2 and x.com (which eventually merged with confinity and became paypal). how can you accuse someone of not doing their research when you get basic facts wrong? this isn’t pr, it’s just reality.
did i write start? pretty sure i wrote “help revolutionize” but let me “research” the comment to which i’m replying before i spout off something ridiculous edit: i was right! glad i took time to read the comment first
lol. there are a lot of rich narcissists. why he got 200b?
and x.com was trash to the point where the ones who actually brought value to the company, the ones with banking experience, don’t even mention it because it was such an embarrassing venture. x.com was lucky to be absorbed by a competent company like cofinity. when it became paypal musk had already gone. he brought no value to any of this.
it's by far the most liquid exchange, so long as we're talking people who accept a tether as being worth , which most people in the market do.
eh, industrial use of gold pales in comparison to it is use as jewelry. wedding season in india moves the spot price of gold. one manufacturing company lying and saying they would not use gold any more, not so much.
no actually “teamelon” doesn’t summarize anything. that’s why it was removed. however this comment actually brings something to the table so maybe take it as a hint.
irregardless of op’s vocabulary, i think we all could of understood it for all intensive purposes.
if you had one shot, the make your point, would you take the steps to make sure your sentences were spelled correctly? vomit on his sweater already mom's spaghetti
idk why but i love this comment
damn you get the death sentence for misspelling one word on reddit?
i agree. so, i'm a horrible spelling bee human. my argument is devoid of substance. remember the comedian in the back. he gets the laughs. he has the edge. remember the one in the front. you would not, cause they are the ones the comedians are making fun of. i, btw was sitting somewhere in the middle. as basic a bitch can be.
i like how the top comment section is about something unrelated to the op. i love reddit
i'm going to leave [this ]( hidden in here and hope folks enjoy it as much as i have.
>grammatical errors are more likely to **effect** comprehension and meaning.) was this deliberate or...
serious question: in your last sentence, should not you use affect? it has an effect on comprehension;it affects comprehension …
i just felt like being critical. been grumpy lately
a wholesome moment in these trying times. thanks guys
the ayes have it. motion passes.
thanks for your patience lol
>he said looking for a greener crypto what i want to know is: how does anyone believe that this guy, who is supposedly one of the greatest minds of our time, did not know that btc uses a lot of electricity? he's either extremely out-of-the-loop or he was trying to manipulate the market. i do not see another option.
my point was mostly that it is working for him and he lives by that motto, not necessarily that it works for anyone else. personally i would leave my job if i had to put 10 years into 3 lol.
some believe he had ulterior motives
bro if it’s not “elon is dumb and uneducated” they don’t understand it. dude has designed more shit than most people across multiple thisciplines. but hey “he’s not qualified”
>elon musk did not start paypal. the company started by peter thiel, luke nosek, max levchin, and ken howery was confinity - a software company that was working on security software for palm pilots. paypal was a product that they developed and launched a few months before elon musk started x.com, an online banking company. the two companies, who were competitors of sorts, merged a few months later and used the x.com name. this was later changed to paypal. close enough that he may be considered a founder in some people's eyes. the creation of x.com was setup by musk, but actually created by a friend musk hired.
he's still not a founder. he literally did not start the company. doesn't matter what a lawsuit says. most companies wouldn't be anywhere without vc investment but being a venture capitalist does not make you the founder of the company. just because they agree to something in a lawsuit does not make it true. they could agree in a lawsuit that musk is the king of spain but that wouldn't make it true. why is it so hard for you musk worshipers to just admit he did not start the damn company? what do you get out of it? nothing. it's just musk stroking his ego to call himself founder and even by your own admission it was not because he actually did but because the guy suing was caught lying to the board. musk used that to get his name listed as founder so he could go around convincing people he started a company he did not actually start. he was the money man. chairman of the board does not make engineering decisions, or hiring decisions, or financial decisions. he was just the top investor and therefore took that role for himself. he had no leadership role at the actual fucking company until 2009. all he could do was try and convince the board to make a leadership change, which he did in 2009 when he convinced the board to put himself in charge. until then he had no control over what was going on at tesla. the only contribution he had was he suggested they use carbon fiber panels on the roadster to reduce weight. that was it and they were under no legal obligation to take his suggestion. they were under no obligation to do anything he wanted. a chairman of the board, or anybody on the board, does not have that level of control. all they can do is make a leadership change if and only if the leadership does not meet contractual obligations. even then it is up to the entire board and not just musk himself.
exactly. i view your comment as semantics. hype up btc and take actionable steps towards its adoption via holding it on the company’s balance sheet and accept it as payment but then, just suddenly, the great businessman who’s “heavily into the market” realizes btc has some environmental impact? either it’s pure fud or the man isn’t as smart as some believe he is if he drops that kind of money on something he knows nothing about. i’ll let his defenders decide which one it is.
just because tesla didn’t sell the btc held as treasury (yet) doesn’t mean he didn’t pussy out of it. is the company still accepting as payment? are they adding to their position? no and no. try again “bud.”
do it yourself you lazy shill
um... people said that steve jobs was completely ignorant of the debates and technology solutions for blockchain projects? or people said that steve jobs is either a conman or ignorant because he purchased .5 billion in btc and then a couple months later "realized" proof of work protocol consumes lots of energy? i'm not really following you at all. with regards to the logical fallacy point... i'm not sure i can find the logical fallacy, unless perhaps its an appeal to others because i said that musk's comment about block size was panned for being ignorant, rather than me personally saying that his comment was ignorant? is that "argumentum ad populum", or that the argument must be true because other people think it is true? allow me to clarify. other actual developers of blockchains panned him because of what he said, for reasons that are outside of my scope. it's reasonable to make an appeal to experts in a field, rather than pretend to be an expert when one is not. musk appears to be doing the latter, because he is clearly a narcissist and has an ego the size of mars. you owe me 1 doge at least for the freaking effort. plz send it here: dbgsgaxwbnrg6syyeuuatt8xpis9wdet2h
spacex and the boring company he did start, i just didn’t care to go into them because both are absolute jokes. no surprise there, remember the hyperloop, a scam he pushed that any engineer could have called out as a bullshit grift from its inception. he cofounded neuralink with 8 others and muscled his way to the front and took control because he’s a grifter and a narcissist. zip2 was a joke, and x.com was a dumpster fire that he brought no value to. the original leaders who actually gave it value don’t even acknowledge it because of how embarrassing it was. confinity was actually competent, no surprise there seeing as how they didn’t have to deal with musk as ceo. musk was long gone by the time it became paypal. musk is a fucking joke
bro, do not even try on this sub. i fucking hate that guy but, come on
except he didn’t help revolutionize those companies either, they were already on that path already, he made them worse, or he had nothing to do with their success. if you knew his history with paypal you wouldn’t have even mentioned it. he was gone before it became paypal and nothing he did made the merger of cofinity and x.com better. so now you don’t have anything to fall back on. help revolutionized pr for billionaires maybe, that’s about all he’s done.
welcome to planet earth
true you dont get rich by being nice.
i mean, it is worth a dollar until someone tries to actually exchange it all for dollars.
i'll take that hint as long as you settle your ban happy caboose. 😂
i both want to upvote and down downvote this comment
becose it is rite. granma supremesists unite!
yes absolutely, instant banishment to the tard zone never to return.
oh for you i absolutely will cum again...
someone get this man some updoots! spread the welf.
may i offer you an egg?
great, who's gonna edit wikipedia to bring the news?
tesla have recently invested alot of money into building productions plants in china, mainly as a way to penetrative the chinese market. if china is not doing businesses with companies that is are using bitcoin as a currency, it would make sense if he would want to thistance himself and therefore telsa from bitcoin atleast until they start penetrating the chinese market. elon for sure knew about the energy costs of the bitcoins, its the same argument people make against tesla's. more people buying tesla's means more energy being used most of it coming from non renewable sources. however this is why they have also developed things like the battery for your home so you can effienceny store solar energy. the idea that it uses too much electricity is an old and outdated one. electricity should not be something you feel guilty for using its something you should be able to embrace and as more and more of the world becomes powered by renewable energy this will become less of an issue. the problem is this has been taking way too long. but it will pick up in the next 10 years, by 2030 the countries that is are not majority powered by renewables will be the odd ones out. its hit the point that is its so cheap that companies that are traditional fossil fuel companies are investing in renewables and are pushing governments to allow this to happen, because its clearly the better investment. yet some governments are still against it mostly just for political reasons. but as i said in 10 years this will be a different story and hopefully the issue of it using a lot of energy should not be an issue as its majority renewable and hopefully dirt cheap compared to now.
and i would agree with them.
yeah without a doubt, i think he knew that china was about to clamp down on companies that are using bitcoin as currency and he is in the process of trying to penetrate the chinese market with tesla's.
what? dude literally 30 second google will tell you about harris fricker, ed ho and christopher payne. i swear most of this sub lacks basic understanding of how to actually look through publicly available documents and do any sort of reserach lol. the roadster was a failure of a car because of it is unsafe design. (lotus was not meant to handle that much weight), poor charging times, and the cost associated with reinforcing the frame. tesla's first market succesful car was the model s which would not have happened if musk did not raise + million in series a funding.
>ecurity software for palm pilots. paypal was a product that they developed and launched a few months before elon musk started x.com, an online banking company. the two companies, who were competitors of sorts, merged a few months later and used the x.com name. this was later changed to paypal. close enough that he may be considered a founder in some people's eyes. yes paypal the mobile security software company merged with [x.com]( in order to pivot their market since they were flopping. dawg copying wiki articles and pushing a narrative on a circlejerk post is making me start to question your iq.
lol. oh god where to begin. i guess i should have known since you literally had no clue about what year musk even joined the company. i am indifferent to the guy. beyond the fact that he is a very effective futurist and businessman. i guess since you lack the ability to research i'll spell it out. it's actually common for early vcs to be listed as founders. in this case, he was legally listed as a cofounder, so you saying he did not found the company is just an opinion that is objectively, and in the court of law and reality not true. a court would not rule musk as the king of spain because he is legally not the king of spain and has no claims to it. whereas, as the first investor in tesla, the guy who appointed the first ceo and oh btw, in charge of product design on the first roadster(surprise, something you probably had no idea about cuz you are pushing a narrative), he had a claim to be called a co-founder which the court of law recognized. not sure if you've ever worked in a startup, but people wear many hats because money is short. i mean overall you're full of shit and basing a lot of things on your opinion, somehow thinking that it thiscredits legal documents. but if you care to educate yourself on the matter. here ya go. my tip tho, screaming a mornic opinion at the top of your lungs, stating incorrect dates, and equating legal rulings to hold the same value as your opionion is the logic of a moron. or gop america i guess lol. so nvm not that suprised.
is the company not adding to their 1.5 billion dollar stake in btc? that’s your foundational argument? lol lol ...l...o...l
“reditor for 4 days” couldn’t afford an older account?
nope, but good effort. the fallacy used, “false dichotomy” it’s funny, because you did it again in this reply. you think of two options, and argue only those two, when the reality isn’t even mentioned. this is used in political debates all the time and it’s annoying. people said jobs was only a good promotor, salesman. that his team was what really made apple good. which is, similarly to what you do with musk, ignoring what he was actually good at.
spacex is a joke? the company that is revolutionizing rocket technology, partnering with nasa, sending astronauts to the iss, regularly launching satellites to space and performing first-ever maneuvers and landings with first-of-their-kind huge fucking starships in the interest of space exploration and advancing?
you’re right...i get sucked in sometimes. i think, this time will be different!
proudly ignorant, it gets less cute the older you get.
is the tard zone wsb?
in these trying times
it probably is not worth me continuing replying, but for the last time, this all supports my initial point. yes musk co-founded x.com, yes they merged with paypal. he is not the founder of paypal. he did not build the paypal system. this is info is all accessible online.
>i am indifferent to the guy. beyond the fact that he is a very effective futurist and businessman. meanwhile: >
okay, find me one other company where a venture capitalist, who was not a founder, was then listed as a founder. also, a court opinion is just that, an opinion. that's why they call it an opinion and not a court fact. a court's opinion is not anything reflecting a fact. you just share the same opinion as the court. a court absolutely can state something that is not factual. it happens all of the time. that's what the court does. two parties have a different view of what they believe a fact to be. the court places it is opinion on who they believe is correct. they are not some infallible sages incapable of ever being wrong. the founders case was settled out of court so the court never even stated what it is opinion was. so even if your incorrect statement that a court decides objective fact then your argument still wouldn't hold water as the court never even made a decision. they decided amongst themselves to list musk as a founder. that is not a proof of any sort of fact. even a court's opinion wouldn't be a statement of fact as it is what it is right in the term, an opinion. what i said about musk was true. he did not have a leadership role at the company until 2009. that's even stated in the wiki you sent. the wiki also states that musk did not start the company. your own link does not support any of your opinions. chairman of the board is not a leadership role at a company. they do not make technical decisions, that is the cto, they do not make financial decisions, that is the cfo, they do not make any decisions. they can make suggestions but the company is under no legal obligation to take those suggestions. all they can do is try and convince the rest of the board make a leadership change at the company if they do not meet certain predetermined obligations. those decisions require the entire board and not just musk alone. musk did not take on a leadership role until 2009, like i already said. edit: what is a founder? here's forbes definition of what a founder is. musk does not fit the description at all. musk did not start the company. he did not have the idea for their first product. he was an investor which the article states is so.eone who comes after the founders. doesn't matter how much money he put up he was not a founder by any reasonable person's definition of what a founder is.
lmfao i love being lectured by a self-identified rh crypto noob. if you believe in btc, you keep buying it. you seem to be new, so maybe you will learn that eventually. he is not a friend to crypto. come back to this post when we see him release a project with utility. or by “revolutionize” the industry are you referring to improving dogecoin? 😂
people can be new to reddit, or can lose access to their old account. i know that’s a little complex for your shill brain to understand since papa elon hasn’t talked about it being a possibility on his twitter yet.
i do not know what i expect from a guy that thinks a ph d is necessary to be able to invent anything. but hey if you are too dumb to understand that paypal as it is today is built on ip from [x.com]( a company founded by the musk brothers. your failure to read, and coherently argue makes me understand why you love braincells so much. you clearly do not have many left.
if you’re going to go through my post history and comment on weeks old posts at least be original and don’t make yourself look like a 🤡 man i swear every day theres a new bar for low iq set by conspiracy apes. 😂😂😂😂
easy. pixar. jobs was instrumental in starting pixar and making it what it is today. he is considered the co-founder but by your definition is not since he was just a very early vc. lol. bro youre so simple. your complete lack of logic, shows with that next false equivelancy. equating your opinion to a courts is next level clowning. one is legally binding and sets a legal precedence. the other is about as useful as dog shit. lmao that may be the dumbest thing i've read all week. as for the settlement. it's settled in mediation you are right. i was incorrect there. so what that tells us is that elon is considered a co-founder by the other co-founders. so why the fuck do you think your opinion matters. also bud are you ok? it seems like you cannot read. "ian wright was the third employee, joining a few months later.\[1\] the three went looking for venture capital (vc) funding in january 2004\[1\] and connected with elon musk, who contributed us.5 million of the initial (series a) us.5 million\[8\] round of investment **in february 2004 and became chairman of the board of directors**.\[1\] musk then appointed eberhard as the ceo.\[9\] j.b. straubel joined in may 2004\[1\] as the fifth employee.\[10\] **a lawsuit settlement agreed to by eberhard and tesla in september 2009 allows all five (eberhard, tarpenning, wright, musk and straubel) to call themselves co-founders.\[11\]"** ' stay free my dude. i would reccomend staying off of reddit. it seems you do not have too many braincells to loose with that level of reading comp and logic.
me, new? let’s see mike. my account is 3 years older than yours. i have 16x’s the karma you have, and many more moons. i can continue my lecture if you’d like, or we can leave it to this: you think elon musk is dumb i think he is smart. i guess we’ll agree to thisagree, the world may never know if the multimillionaire, multi ceo, techno genius is smart or not. you might be right. keep it up
you should spend some time rethinking your use of shill. take care
this story has been monopolizing the front page of the sub, so this has been designated as the megathread because it has the most votes and comments. we will be consolidating and redirecting all elon, tesla, and other posts about this story here for the time being. related posts and stories: * * *
love how he tweets this a few weeks after profiting
spoiler: he buys the dip.
1. pump a coin 2. pull the rug out 3. ??? 4. profit it's almost as if elon is trying to make money off of crypto. like, "oops we only \*just\* realised that btc mining is a thing!"
on a different note, i got rugged by elon musk & vitalik buterin on the same day!
is this why btc just shat the bed and took the market down with it?
for the millionth time, elon is not your friend. he’s a billionaire who will continue to use crypto as an investment vehicle to make him more money. y’all are crazy for thinking he won’t do this again when he one thousand percent will
this has gotta be pre planned all along . anounce bitcoin paymeny and bring awareness. pump doge for further awareness. then drop it to boost alt coins technology over bitcoin? like elon is not a fucking idiot as much as most you guys do not like him. he knew about the environmental issue before accepting it as payment.
i'm tired of this manipulator
lol this explains the nano pump
i put my hands up on my hip, when i dip you dip we dip. bitcoin flash sale
this is the moment nano shills have been waiting for their whole lives hahaha source: am a closet nano shill myself ;)
"tesla will not be selling any bitcoin and we intend to use it for transactions as soon as mining transitions to more sustainable energy." that's a pretty important part of the statement really, indicates they are not selling it for a long time. also strange that they did not state they would not be buying any more, but that could just be me pulling at straws, someone set a remindme for whenever their next financial report is due.
i do not understand why people follow and invest according to this wishy-washy little egghead it is taking everybody for a ride.
did elon just ignite the flippening rocket?
can this guy just stop manipulating the markets for once? damn.
sadly, people will probably sell their btc because of this.
that musk is a new mcafee. think his reputation will be destroyed soon p.s : in the end he will probably bet his prick on some coin
well nano comes to mind then, and i'm not even holding any
i like how he makes it seem like he just found out about the mining.
this guy will cause the end of cryptocurrencies by introducing regulation .
guess it is time to buy more nano maybe?
i got my money’s ready for thiscounted bitcoin 😋
elon got jealous of vitalik‘a (justifiable) rug pull
get ready for the eth pos manipulation
nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano nano
is this why nano is pumping?
what a irresponsible douchebag... like he . what you see here is someone who is simply abusing his power of influence - i hope it is for his own financial gain, because if it was just for his entertainment & ego, it is even more concerning.
after "dumping" btc he is going to accept dogecoin or what?! you cannot tell me he did not know about all of that when he got tesla into accepting btc... could it be another manipulation of the market on his side?
algorand is carbon negative but nobody care 😢
anyone that believe elon. i dont know what his plan is here but he knows that his words have weight.
algorand and cardano both seek to use as little energy as possible. probably others as well, like other pos systems, nano, avalanche and iota etc.
nothing special. just your average sociopathic billionaire fucking with the market...
this tweet is hilarious: "tesla would have sold a couple hundred teslas with bitcoin. imact on climate from those mined bitcoin would be 0.00001 second of a spacex launch. stop being stupid, stupid." with a video of a kid throwing a rock at a elon guys head.
nano it is your time to shine baby.
so in the matrix the alien fucks had us plugged in for bio electricity... if you ever play super mario bros all he knows is to jump and collect the coin and save the princess when you press the button what if these aliens have us plugged into a simulation matrix where instead of bio electricity they are actually pimping us out as plugged in machines which mine for their bitcoin... you need a graphics card kind of asic processor which is great at rendering 3d geometric calculations; oh wait so is our brain it is literally simulating 3d-4d space time at every moment of our perceived lives... what if our brains are very good bitcoin mining computer hardware and they are finessing us... who would you expect to be neo in the timeline? jesus? hitler? you? tesla? who the fuck is agent smith
man literally mines lithium and wants to talk about being environmentally friendly.
i knew he would do this. that's not a nice man. nobody wants to hear it, but he is not interested in the environment, either. he sells carbon credits to other car companies so that they can continue producing fossil fuel-burning cars. his spacex thing is not exactly "green", burning huge amounts of fossil fuels. tesla cars are incidental to tesla's business, which is selling carbon credits. plus he is made much more money from bitcoin than from selling either cars or carbon credits. he campaigns and puts pressure on governments and local administrations to put a carbon tax on *your* car's fuel, just to make his cars seem relatively more affordable. he's also a narcissist, claims to have aspergers (i.e. he excuses himself for asshole behaviour, which is in technical terms either a sociopath or psychopath - i do not know which). he tweeted to bolivia: "we will coup whoever we want! deal with it" (in relation to changing that country's government with a violent coup in order to overthrow a democratic regime and install one that would allow his company to exploit that country's mineral resources, to produce batteries for his cars). that's really green, that is... plus he indirectly has child slave labour mining for his batteries in africa. nice man
well elon :d then announce once eth switches to pos
vitalik should write a blog-post directed at newbies thiscussing his 1 billion donation and the move to pos which will use <1 % of the energy consumption.
elon is a turd nugget he does not care about the environment
nano has entered the chat
so musk spent 1.5 billion on a coin he knew nothing about. that’s some newbie.
thoughts on eth?? with the move the pos coming this could be big is what im thinking.
the purest form of market manipulation ever witnessed in plain sight. this guy is a damn fool. i have a buddy that owns a large bag of tsla stock that he bought at ipo, he is now a millionaire three times over. if he could tea bag elon he would. i told him back in january that this guy is a damn fool and he should sell every share at 900.00 and retire. his response, "no way, it is going to blow past ,000". i called him today and asked him how his plan was working out after tsla dipped below . he has lost enough since january to feed an entire country in africa. tonight, after this fool opened his mouth again, i sent him a text and told him if he ever got to tea bag him, to make sure he bites down real hard. he will go buy 1b worth of doge and announce that tsla is taking doge for cars. it will rocket past .00, he will sell it all and then say it is not working either... ' this can happen because there is no regulation in crypto. if he did this in the stock market, he would be charged with a crime.
look at nano. it's the only crypto mooning right now. that must be a hint!
how can i buy nano in the united states?
strap in boys for a wild couple hours
do these reports ever put in the full cost of detailing with fiat and credit card companies? the materials wasted creating buildlings, electricity for the buildings, employees, wear and tear, transporting gold, real estate cost, the cost of cutting down all the trees to make paper, advertisements, mailing, banking electricity, etc. i have to believe these reports are very biased and only touch a fraction of what the banking industry energy wastes. and bitcoin is forcing people to use renewable energy sources as a way to mine the coin. we need to start from somewhere to improve.
i’m getting tired of this blatant market manipulation.
**nano- seize the opportunity boy**
elrond’s egld: could this coin be the answer to tesla’s concerns about the rapidly increasing use of fossil fuels for bitcoin mining and transactions? i’m surprised at how elon of all people chose to frame this issue on an energy. energy is used to secure and mine bitcoin. not to support transactions. the fact that tesla is comfortable holding bitcoin but not comfortable receiving payments doesn’t quite add up. here’s how elrond addresses elon’s energy concerns: energy consumption: the annualised estimate of energy consumption for the elrond network is 0.0026 twh (1:57,500 of bitcoin’s energy which is 149.63 twh) quoting one of beniamin mincu’s (ceo & co-founder of the elrond network) tweets: “elrond exists with the overarching goal of creating the backbone for a high bandwidth, low latency financial system, that is decentralized, and extends access to anyone, anywhere across the world.” the elrond network is a highly scalable, ultra-fast and secure platform built for the creation of thistributed applications. using the native elrond token (egld), the elrond blockchain is creating innovative new use cases for “the new internet economy”. the elrond blockchain is up to 1,000 times faster than many competing blockchains. furthermore, the scope for scalability is unprecedented. also, elrond boasts several key features such as governance, staking, smart contracts, validator rewards, and transactions. the project has been invented in 2018 and since it’s inception we have seen continuous tech developments such as smart contracts with 30% gas as royalties, smart accounts, tokens that are embedded in the protocol, and much more! elrond technology: there are several key elements of the technology behind the elrond network that have allowed the project to thrive. these include: adaptive state sharding, secure proof of stake, elrond vm, maiar. what is maiar? maiar is a mobile application developed by the elrond network team to improve the way in which we use and interact with money. it allows users to create a username (a.k.a herotag) and send money anywhere in the world at high speeds (6 seconds transaction latency) and low costs (standard egld transfer fees - 0.00005 egld). it also offers users the possibility to stake their egld and earn rewards while improving the security of the system. the team also plans to release a decentralised exchange to run on maiar, while also being able to store and trade nfts and sfts. (the tentative date for the release of the exchange in web version is mid-may and to be implemented shortly after into maiar) in present the elrond blockchain is capable of processing 15k tps and the only reason this number is not higher is because the demand is not there yet. the blockchain can be upgraded to reach more than 1 million tps.
timing of v22 for nano couldn’t have been any more perfect...
might this be elon’s play to counter the short selling that barry silbert very vocally touted about doge???
how to buy nano? can’t use coinbase or binance
bring on the nano hype! do it!
this is gonna shake things up over the next week
home boy just manipulating the price so he can buy more
whenever i say elon is a piece of shit, i get hated on.
this is why elon musk isn’t your friend
convenient that he can crash the market right as they’re looking for that alternative to buy, isn’t it?
>complains about the environment >does business with china
why nano is going up? he's most likely going to mention doge even though not as power saving as nano etc. right?
my nano senses are tingling
elon is like the adhd kid you had from school, that thinks he knows everything and shouts out from the back of the class interrupting the teacher. he thinks hes funny, when everyone else just wants him to stfu so the rest of the class can actually learn something.
this is hilariously hypocritical, the guy is building rockets for un necessary space travel and is complaining about how much energy bitcoin uses.
when will people realize this guy is just a pump and dump hype man
nano has jumped 40% since this tweet. all road leads to nano
does bitcoin mining really use that much energy?? i can’t wrap my head around that idea
elon: „we need to care about the environment!!“ also elon: shoots rockets into space leaving a huge co2 footprint on earth.
nano holders vibing out
elon lost my respect when he started this doge trend, what he is doing is cool but he is manipulating market for his own gains is not cool. not to mention the amount of people(the sheeps) who's life will get ruined by his tweets.
did he just indirectly pumped and dumped on bitcoin?
he is such a troll!
so basically he just crashed the whole market. bitcoin down about 10%in the last hour and everything else following along.
this is crap, plenty of mining is done with hydro, wind and natural gas. if you want 0 emissions use nuclear
if anyone still refuses to believe that he’ll pick doge to replace bitcoin just look at the last line in his statement. they’re looking for a coin that uses less than 1% of bitcoin’s energy intake, that’s 7.07. that leaves us with xrp, cardano and doge. which one has he been pushing for the past couple months? doge. whether you think this coin deserves it or not doesn’t matter at this point. he’s pushing it to be respected and looked at as a real coin that can be used. after tesla i would guess more big business will rush to accept it too especially at the price it is now
how could the ceo of a supposedly eco-friendly company invest .5 billion into a venture without having properly researched?
doge is still dominated by asic miners though, so no it doesn’t actually fix any of bitcoins
next announcement: just realized a lot of the miners use renewable energy so tesla is accepting btc again. (also bought a few billion on the dip, ty)
i bought bitcoin yesterday for the first time, so that’s why this happened. you’re welcome, everyone.
thank god i bought ada this morning.
so what are low energy coins?
elon musk should stop talking about crypto in general. what he is doing is called market manipulation. edit: it you are a huge company like tesla, you think twice before implementing bitcoin as payment method. it’s like getting a tattoo and removing it again after three weeks.
you know, some day, the sec is really going to need to start getting serious on cracking down on elon musk. he spends a year pumping up various cryptocurrencies, then sells them (at least a large dump by tesla) & goes public in a way that causes their prices to plummet. that then clears the way for further (more economical) purchases & ramping up the price. it's the same thing he is done with tesla's stock. sooner or later, it is gotta catch up to him, self-declared asperger's or not.
according to coinmarketcap, the overall market cap of cryptocurrency is down 10.5% today. that represents over . mr. musk is not a stupid man. i'm sure he is fully aware of what his tweet would mean to the price of btc, and the cascade of liquidations that would follow, driving btc and the rest of the market down precipitously. he's playing games with our money. what can our response be but to play games with his money? i suggest that not only should crypto holders cancel tesla orders, they should also sell tesla stock they may own. perhaps we can send this megalomaniac a message by driving his stock price down similarly to crypto market cap.
i keep reading posts and comments that seem to allude to elon musk being "new" to cryptocurrency. which needs to be clarified as entirely untrue! lets start at the beginning...com (aka - **paypal**)...**1999 - 22 years ago** elon got his riches by creating a payment service known as "x.com", which was later turned into the now wildly successful paypal... paypal's mission was to thisrupt the financial industry and make the transfer of money between parties more convenient ...sound familiar??? i know...that may be a stretch for some of you...just because he was into technology, programming, and thisrupting finances...maybe he was blind to bitcoin (crypto)...so, lets look at who he was associating with back in those days...better known historically as the "paypal mafia": **paypal mafia** \- the "paypal mafia" is a group of former paypal employees and founders who have since founded and developed additional technology companies such as tesla, inc., linkedin, palantir technologies, spacex, affirm, slide, kiva, youtube, yelp, and yammer. most of the members attended stanford university or university of illinois at urbana–champaign at some point in their studies. now...who was elon musk chumming it up with in this paypal mafia, you may ask...let's take a look: **peter thiel** \- originally got his wealth through a cryptography related company in 1998. is an owner of bitpanda, was a noted very early investor in bitcoin and was documented as being an attendee at bitcoin conventions as early as 2013 **reid hoffman** \- started placing big bets on bitcoin as early as 2014 and huge investments in various crypto startups including xapo and blockstream. **jeremy stoppelman** \- was quoted as early as 2014 in an interview that "bitcoin was here to stay" by the australian news publication. **andrew mccormack** \- is on the board of directors bitpanda **premal shah** \- owner of goldfinch - a service that offers loans to crypto holders **luke nosek** \- integral part of paypal accepting bitcoin **ken howery** \- investor in bitpay, as early as 2013 **david o. sacks** \- on the board of directors for 0x cryptocurrency **max levchin** \- ceo of affirm,inc (plans to implement bitcoin) tldr: *"by the company you keep i can tell what life you lead."* \- old english proverb
i am not sure how elon managed to insert himself into my financial situation. but i don’t like it.
so he either wants the proof of stake or mining only with clean energy... or both? regardless, buy the dip and consider eth if you do not own it already.
i just lost 45% of my hard earned money to 2 billionaires
cryptocurrencies are a game for the rich and you’re all pawns.
well, it is true. there are plenty of better coins that use less energy. iota or nano, any others people should know about?
cardano, nano, energy web token. time to shine
what are those currencies that uses <1% of bitcoin's energy? seems like now this lizard is going to pump another shit currency like doge
so all these rockets and space waste is totally okay when he wants to blast a car into orbit or put doge on the moon for no other reason than to flex... ...but accepting btc is bad for environment. okay. nevermind the child slaves mining minerals for tesla batteries either. got it.
so he pumps this shit then dumps it awesome why do people listen to him?
the cpi came out today with 4.2% inflation from april of last year. that is a lot! in my work, i’ve seen the prices of all materials that we use for our jobs rise between 70 and 150% in that same time period. i sold my bitcoin last march cause the pandemic hit and i felt insecurity and wanted liquidity. that ended up being an epically bad decision, as it is sitting at 5x since then. the stock market is down, confidence is down, of course bit coin goes down too, as people that want security are trying to find it. but that doesn’t change the fundamentals. inflation is coming. bitcoin offers a global, decentralized solution to this problem, and if you just hold, the rest will work itself out. turn off your mind, relax and float downstream.
nano? please tell me its nano
how is the sec not over his ass already?
nanooooo here we gooo! haha
this fucking rat is destroying the planet with lithium mining. he does not give a single dusty old fuck about the envoirment. he only cares about money and himself. fuck that musk shit stain.
some insight on kwh comparison bitcoin 707 kwh ethereum 62.56 kwh cardano 0.5479 kwh dogecoin 0.12 kwh xrp 0.0079 kwh ' other's like nano would be good to put in there but i could not find the accurate reading. will update if provided data.
this is just blatant manipulation at this point. people should stop following this guy.
lol. both elon and vitalik did a rug pull on the same day... cordination much?!
there is your beloved leader, lol
did elon do his research after he bought the bitcoins?? also he mentioned in the tweet that tesla won’t be selling the bitcoins!!!
rugpull his tesla and space x stock and give him a taste of his own medicine... he is so shorting btc here to buy the dip and then pump it... what an asshole all the other alts dipping now just as they were going well...
i'm so sick of elon’s crap.
can we get a divorce from elon? crypto doesn’t need him.
player 3 has entered the ring: cardano
pure market manipulation. plan and simple.
daddy pump & dump
dick move elon. here's a 2020 study from the department of informatics at the technical university of munich on crypto currency power consumption : [
cmon man, messing with a shitcoin like dodge its almost okey, but with bitcoin its no joke, he is looking to get the people reaaaaally mad at him.
fuck, this guy manipulate the crytos more than my ring manipulates me. even sauron didnt had this much influence and manipulation over the ring.
what absolute fud. i bet this is some lightning network play or something to make miners do tap root. anyone in this space needs to help spread the word what garbage this is.
i highly, highly doubt that they did this for environmental reasons. i suspect any of the following: 1) they understand that elon can massively influence markets with very little effort. they have thus built up bags in an altcoin, likely doge, and are planning to make an absolute mint when they announce that they will be accepting it. 2) they fear regulations in the us that may be coming sooner than we expect.
coincidence that bill maher just called him out on this a couple weeks ago?
of course this happens right after i buy tsla and some crypto. it's like the world knows when i'm invested in something. i need to start investing in things i hate, so i can get either a financial or a moral w.
they guys who’s blowing up rockets every week doesn’t like wasting resources
he’s a fucking clown with too much power in the form of tweets
where does lithium come from again?
is this a push towards nuclear? i would totally support this ahole pushing towards more and better nuclear power sources.
after all the adjectives used for him, he is just a rich asshole looking to get richer at the cost of others savings
was there any doubt the guy was in it for profit?
yep... we all just found out how much energy btc mining consumes... when he was buying it couple of months ago, that was obviously an unknown fact... jeesh... this guy...just can’t stop treating everyone like fools. hypocrite much? how about your spacex and the pollution it generates... one more jeesh...
we all know this means xrp and ada are about to pump
looks like every crypto is a meme coin. although they have their roadbooks and projects, their prices acts on tweets of someone. beside that, elon blows up some rockets for testing every day, that produce more pollution each, than miners do
a way of helping a price drop or a dump so others can buy. the rich get richer the poor get poorer.
i wonder if it was a coincidence that hardcore tesla fanatic dave lee just last week interviewed iota foundation co-founder dominic schiener: even if it was, iota is one of the few cryptos that actually make sense so happy to be on that train :)
fuck elon as always.
hey elon, any idea what the environmental cost is for producing 1 tesla battery, sending rockets to space environmental friendly? the man is a joke
what a fucking troll.
i hope he considers cardano.
price manipulating weiner. i do not get people's worship of this guy
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so, anyone thinking what i'm thinking? there's one coin that has been hitting that environmental angle very strongly lately, and it is nano.
i know xlm is a little boring, but much less energy used than a standard visa transaction, in 3 to 5 seconds? already used primarily for easy cross border payments? (or moving crypto from one exchange to another with less fees). practically a stablecoin? too obvious, though.
the thing is that this transition to cleaner energy sources can never happen for bitcoin as long as coal energy is cheaper to produce. the cheapest energy source will be used most by miners. the whole tweet implies tesla moving to pos-coins. laughable that dogecoin holder retweets as they are also pow. pos-coins are the winners here. or soon-to-be pos, looking at you eth :)
its gonna be a bumpy road hold on. elon is a clown.
say hello to xlm...
someone tell him about nano
personally i do not think that the power consumption of bitcoin is the main issue here. the main issue is how we get our energy by basically burning dead dinasours.
i love elon, but he is the worst thing to happen to crypto since bitconnect.
i think this is actually good news and may help btc in the long run. for a while, bitcoin maximilists have been burying their head in the sand over the energy issue and coming up with ever more elaborate arguments to justify pow. at the same time that the rest of the industry got on and found a solution. the timing is notable, a week after a prominent investor in the us was talking about wealthy people in the west waiting on the sidelines, their only hesitanty being the worry about sustainability. we are also a month away from the annual bitcoin conference. i may be wrong about this, but it may be ploy to bring this issue higher up in the minds of participants and might result in the bitcoin community making some kind of commitment (road map for boosting hash rate from renewables). even if it is not a ploy, it is something that has been (and will hamper), btcs public image, so hopefully this will serve as a wake up call. just to note, i'm not dumping on btc, i hold some, and want to see it succeed. as a expert in sustainable energy, i can also say that bitcoin could green itself up very quickly if miners are incentivised to choose renewables over legacy power, and even, with a bit of imagination serve as catalyst for renewable energy projects going forward.
it's amazing how much the crypto world gives so much weight to elon's thoughts on btc, doge, and snl appearances.
that announcement just triggered a massive dump of all cryptos 😱
do they really expect us to believe this shit? of course they already knew bitcoin's carbon footprint.
how many others are calling major bullshit on this?
in all seriousness though, nano just jumped about 30% and i'm not seeing any nano-based news... could be that people saw this and thought "maybe crypto should be green" and aimed at nano.
iota would make sense. since it is a leaderless protocol, energy usage is super low.
maybe they’ll accept ada?
this puts a massive spotlight on nano and its ecofriendly properties, this is nano's time to shine.
you can be upset that this has caused the market to dump, but his point is valid. if elon is serious, it would make no sense for him to not support something like iota or nano.
look at nano spike while other coins like iota remain stagnant. are you guys really that confident that they’re talking about nano?
time for nano to have the spotlight?
may be he wanted to accumulate at lower price
so back when they started accepting it 3 months earlier they didnt know it uses a lot of energy ? tesla what is this ?
i cannot believe he can do market manipulation like that
he giveth and he taketh. i hate this guy.
gee i wonder if this was pre-planned so they could load up on a dip. it's almost as if all billionaires use their wealth as cudgels.
musk made his fortune on electric cars- i never expect people who's wealth is tied to green anything to support bitcoin. even if they understand the baselessness of the claims, the public is still too dumb and uneducated about it, so they risk everything to support something that is not that important to them. this will reverberate for a short while but ultimately is not even good fud.
what a bullshit excuse, as if teslas are only charged with electricity generated by organic wind farms lol
doge is dual mined with lite coin, which is mined on asic miners just like btc...
incoming teslacoin, which i am sure, will ironically be "eco-friendly."
is this why bitcoin is dropping?
polygon let us go
he's going to make his own coin. i'm sure it will be called something like digi or aex15 he has satalites in space preloaded with mining rigs each all attached to a solar power array in space. dude is going to control his own economic ecosystem.
almost seems like his twitter has been hacked or something ?! to create a dip and buy btc on the cheap ? the energy consumption of bitcoin is nothing compared to mining gold or powering wall street and the banks... micheal saylor have talked about it recently :
oh he coincidentally sold a shit ton a week ago too. the sec needs to look at this.
this man is going to bring regulation to us with his manipulation. he's going to pump and dump something else instead.
bro fuck elon. what a shithead
well... that explains the market correction today... but... lol i got a kick out of algorand's reply to him: [
hedge funds dumping for sec liquidity test tomorrow. buy the dip!!!
this was expected. it's an old technique to destroy any revolution. join the movement, become their leader. he's a puppet of bankers, a trojan horse that crypto community welcomed...
come on elon, throw your followers into cardano or algorand full force ;)
i cannot help but roll my eyes when i hear about him now. the guy just needs to leave the crypto world and us cryptonians alone. enjoy tesla, starlink, spacex and whatever the fuck else your doing, go smoke a joint with joe rogan on his podcast and piss off already.
a warning to those who want to post about their favorite, eco-friendly, crypto: **don't**. the mods here are quite serious about what is and is not allowed to be posted, so it would be best to save your preaching for another time.
what is the environmental impact of maintaining a physical money supply. you have to grow the cotton, put those plastic strips in, make the paper, transport the paper, run the printing presses, transport your new monies, guard your monies, pay people to do all this, who i will assume commute to work. oh and then periodically pull bills out of circulation and destroy them.i’m also assuming they don’t use renewal energy to power the machines, computers, or fuel to support physical currency. i’d didn’t even mention mining for metals to mint coins. this is so thisingenuous and idiotic. while it may be true nobody cares until recently. elon is just being elon and we should never have listened to him about anything. i mean what if i told you solar panels, wind turbines, and damns exist. fuck these people. sheep.
so, this is gonna get lost in all the spam on this thread, but imo the most telling thing is the funny way he defined this "<1% of bitcoin's energy". i mean he could have just talked about energy *overall* rather than using that extra word. but there was a [report by a couple of weeks ago]( that also defined things in terms of energy per transaction. its conclusion was that nano, xrp, and doge were the most energy-efficient. of course defining it in terms of "energy" somewhat rigs things in favor of doge, which is merge mined with ltc and has a lot of small transactions. but who knows...maybe the nano hodlers are finally going to get some vindication.
as much as i thislike the way elon just tweets this stuff, i’m glad to see some pressure on the bitcoin devs to consider this. it’s the one crypto objection that i can’t honestly rebuke. i think it’s a recipe for eth dominance if they can pull off pos, and i wouldn’t be surprised if bitcoin is way too slow to the party. i love btc, but from a tech perspective eth is just a much better value proposition.
wait... the guy who sells electric cars is concerned that the currency used to buy the car would use electricity which is bad for the environment
who bought btc to buy a tesla??? so why sell if they are not accepting it? think logically!
w8 for the dip when its morning in the eu
dude must do so much german porn...
tldr: buy the dip.
i love bitcoin and stuff but it kinda sucks that a single tweet from elon can affect prices so much.
i saw this news and decided to just get out of doge. i bought in at .38 and sold at .45, so i did make a few hundred in profit. i was afraid this would cause it to drop hard, and it did, though it recovered a bit. used some of my profit to buy the btc dip, so overall i think i came out ahead.
nano is supposed to be fairly clean, right?
elon did not cause this dip. a deliberately badly timed tweet and probably some shorts from the arse probably added a little bit more dipping sauce. bitcoin has just been bearish for a while. there have been a string of successful break downs now, and we were very ripe for another one after a weak recovery from the last and the 1d chart 100d moving average needing to be challenged (and murdered): markets shit right now. billion different coins to invest in = no scarcity. add in shitcoin casino and talk of regulation. then add in the technical analysis and a bad day on the markets. finally add in the little bit elon caused. this is what you get.
very surprised i haven’t seen any nano talk in these replies.
why does he tweet about btc now when he thishonored doge in snl. seems suspicious
how much coal is used to charge teslas?
rofl as if he did not know that before he started accepting bitcoin.
we will continue using bitcoin as soon as it is mined using energy from tesla(r) solar panels.
tesla cars need to be charged every 300 miles with the same electricity that comes from burning fossil fuels. what am i missing here?
it's funny how after he tweeted he is interested in crypto that use less energy nano just shot up to the moon. traders are so fickle.
taking down bitcoin simply means you are not pro-crypto. even if the intentions were true. a sudden suspension of it solves nothing.
he makes it sound like he just thiscovered that santa is not real two minutes ago.
he caved to the leftists even though pos is not entirely proven as safe. it has a shorter track record. such extremism with the energy nazis lately. the market and time will move in that direction if it is the right way to go. forcing companies and whining is not the correct strategy and leads to additional problems since they do not use their mind and only their aberrant emotions.
if you believe his reasoning i have a stone that makes you god i'd like to sell
so i guess elon just kinda forgot about the btc mining. d&d writers anyone?
oh elon, what a lovely excuse there buddy
sure it is great that he has been drawing attention to crypto, but this level of market manipulation is surely not helping the overall crypto space? to be honest it kind of pisses me off to read him site energy usage concerns as though it is some kind of revelation, even crypto muggles regurgitate the energy consumption concerns.
elon wants a pure payment coin that is green. instant and fee-less would be good as well. can anyone think of one?
eth and lte maybe?
oh is this why things have been starting to dip?
he did it because people will sell and then his companies will buy it all up
where my fellow nano bois yet?
elon, stay away from eth. we do not need you here.
look for that bitcoin bounce back.
meanwhile what tesla is fine purchasing and holding on to 1.5 billion in btc… incredible how brazen this is
michael saylor is in the corner smoking rocks with a blanket over his head…
maybe he should suspend spacex rocket launches if he truly is concerned about the environmental impact of fossil fuels.
this guys is just controlling market. this is considered insider trading already. how come he can freely do things like this
nano pumping as if this megalomaniacal nitwit is out here earnestly doing research for an environmental alternative, when in reality he’s got an idiotic doge tweet in the drafts
nano and xrp come to mind
elon: would you like to dance? everyone: no elon: because you’re dancing with me
this guy should be taken down by the sec
elon is a douche.
at the rate he keeps trolling the market, someone might not take what he says to be funny if they destroy their livelihood. its one thing to make a joke but its another to mess with peoples money. if i were him i think i would tell him to tone down his trolling.
he’s calling for, whether he realizes it or not. based on his previous tweet which basically said “the coin with the lowest latency will will”, combined with this tweet, i have a feeling elon is fully aware of nano and is hinting at it here. bullish on nano
hmmmm, if you cannot manipulate the bitcoin market, just manipulate the mindset, worldview, biases, and fears of the people who are in the said market.
hope it is nano that is what i dumped by bitcoin for, for environmental reasons. hopefully it pays off being an insufferable environmentalist.
tsla gonna dump tomorrow
a fucking con. he's garbage and toxic for this space.
pleaseeeee be ada. please.
ah the environment. that's where we're going with this. well played elon. well played. 👏
serious question: which coin should he switch to? my real vite goes to ada. my most fun and ironic possible turn of events goes to... xrp!
spoiler: he cashed out last friday
i still like boobs after this crash and will head to the other side of reddit to thiscover amateur chicks showing off their goods.
algorand brethren, we rise
market manipulation at it is finest. people panic sell because that idiot says something to scare people, then he buys it up super cheap for when it stabilises and goes back up. until he pushes doge aside for something like algo, he is chatting nonsense as usual.
i used to be ok with elon. now... elon bad
either they use a coin they have been holding for god knows how long, or they releasing their own coin.
decentralized my ass. we see what happens in one two days. cz supports shitcoin like shib, vitalik fucks up peoples savings, elon manipulates btc. we the crypto community should think for a while if we shouldnt watch for other real decentralized cryptos.
wow i can’t believe bitcoin changed to proof of work over night! this reflects so badly on tesla if you ask me, fuck em and prince elon.
lol, obvious market manipulation and pump and dump. i find it hard to believe that a company who made a huge decision to include 1.5b worth of btc didnt know about this before
he brought down the price so people can buy the dip now that inflation news has arrived which makes the crypto market extremely bullish, what a genius
knock knock. who this? ripple. ripple who? ripple doesn’t rely on a mining eco structure.
like this was not obvious before they bought into this environmental thisaster of a pyramid scheme? rinsed a few gullible idiots for 100 milli and got out. asshole. him and everyone else who participates in crypto ponzis.
and yet in the second half of his tweet, he says that they won't be selling any bitcoin. he's just using twitter to manipulate crypto prices. just like doge. he's a walking, talking sec violation. **p.s.: if he is not selling, i'm not selling.**
iota baby guys huge bull case. completely sustainable and no mining and feeless. i have a feeling theyve already been working together since 2017 by an old tweet dom put out that never got adresses.
>***iota has entered the chat***
rtx 3080, here i come!
because bitcoin's energy usage is hardly ever talked about. it must have come as a real surprise...
what about the amount of fossils fuels used to mine lithium to create batteries??
i just got into cryptocurrencies and i invested .
what a plot twist. seems like the crypto wild west is turning into the libertarian horror show that it always meant to be.
he was also surprised that bitcoin has blockchain while he hates blocks and chains.
i dont understand how it is not eco-friendly if done the correct way. solar power is pretty eco-friendly friendly and not sure anything is even emitted. if anything, it is the power plants that are not eco-friendly not crypto
imagine if tesla starts accepting tezos instead!
cuz bitcoin is slow and unreliable
hey pretend i said something funny. i need comment upvotes to post in this amazing sub reddit.
did anyone ever actually buy a tesla with btc? never saw that in the news. and do follow tsla pretty religiously.
i hope nobody tells him what mining for battery metals looks like and where that energy comes from. [🥴](
this appears to be tesla's reasoning
stop following elon! stop believing on what he says. problem solved. do your ta and due diligence. don't allow good projects to perish because of one individual.
he’s extremely bad for crypto. of course he seems like thé front runner, the god-father of crypto, but all he does is pump and dump coins for his own gains. he treats it like his own personal toy to play with. he is no better than all the old billionaires, just an egocentric self-absorbed narcissist who doesn’t give a f^ about you and me or the community.
so if i put a battery between the coal power plant and my mining rig, it becomes just as green as his cars.
that's just erratic. bitcoin's energy consumption was just as ridiculous two months ago. musk cannot be trusted with anything he says.
elon, please let buy your teslas with vet, lto, track your batteries with trac. at least for a week then rethink!
so bitcoin is not as good because it requires energy and tesla doesn’t need it. adorable
there are a lot of pos coins... will we see a rise on such, like ada, dot, rdd, to name a few...
i grew up loving tesla, but i'm starting to hate this guy
he is literally manipulating the market and we are praising him
my guess is they already have something in mind, they are loading up on coins, then they will announce it and the price of the coin will skyrocket.
as if this wasn’t well known before he made the decision in the first place... the techno king’s whims are starting to really irritate me.
yeah, this is totally because of environmental concern.
fucking crook should be jailed.
man the amount of money musk is making shorting and longing over tweets must be insane! fuck this manipulation, dual personality mf.
he can manipulate and profit from the market in a couple tweets, guy is basically printing money for himself lol
he should probably stop selling teslas then given all the cobalt mining and such.
he's a total parasite for this community at this point
[ this aged poorly
energy waste with sustainable energy is not sustainable. no energy source is environmentally neutral. also increasing overall consumption increases overall production by any means and reduces flexibility (the freedom to not harvest an energy source). the sustainable way is reducing energy use and moving it over to environment friendly sources at the same time.
while everything else falls, matic & nano continue to rise. woo!
he was asking the other day whether tesla should accept doge as payment too
i'm pretty sure it was not him who decided to stop accepting btc. he did not even considered doing some research before going on tv... iota and nano could do this job way better. we need to wait a little until exchanges finally finished the migration process with iota and nano needs to fix their spam attacks.
harmony one is perfect for this !
nano is the only way bois.
who's gonna tell him about the forbidden n-word crypto currency?
so what cryptocurrency uses less than 1% of the energy vis-a-vis bitcoin?
now stop being a jackass and tell everyone you were kidding about doge. people are going to ruin themselves because of your little prank.
dude uses cobalt mined by children but has a problem with btc because it consumes lots of energy, even though he said that this would incentivize the usage of renewables.
surly it’s nano time
elon is a fucking fraude who wants to decieve everyone.
nano is the way to go
opportunity opens up for green cryptos like nano, reflected in the price surge in the past 24h.
starting to really not like elon’s constant manipulation of the market. he’s playing so many of us like fools with his pump and dumps and his rug pulls.
he will never accept ethereum because it uses gas
blah. tired energy fud that is been addressed a thousand times, like this: there's no replacement for a leaderless, decentralized entity of bitcoin. the difference between bitcoin and everything else is having a uncorruptible layer 1 money protocol and replacing government fiat with company coins. pow needs energy but a secure base layer of money is a worthy cause - and one that should not be compromised by reckless competition to make profit.
crazy that 1 rich guy can control this market. and guess who is only getting richer. he buys a crypto, tweets tesla might consider it as payment. prices go up and elon made more millions.
elon musk is so full of bs. if you quantify the environmental impact of building a tesla, not to mention charging a tesla with electricity produced in countries with with high impact environmental energy production, bitcoin is potatoes.
sec should investigate him ans tesla for market manipulation
musk sure knows about mining, hes been paying nothing to congolese child miners to get his lithium, also his dad exploited black south african emerald miners under apartheid.
yeah let us not talk about what lithium ion battery production like those found in tesla vehicles does to the environment...lol.
i wish elon was my friend. « hey elon, that tweet you’re writing, how bad is it? … right… i see, let me just 100x short btc with my life savings »
he made over 100 million from btc and now he leaves all his cultists bag holding.
i've had enough of this guy...he knew this before buying the coin... it's people like him who knows he is able to manipulate the market and takes advantage of all, including those who are in it for the right reason. he's messed up the whole crypto space. elon glorifying a meme coin for his own gain which until recently had no real use has taken away attention from those projects which have been worked on for years which actually solve problems with world changing ideas then ends up becoming 'non existent' in the space for a moment, which is bitter sweet... elon, is starting to make the cryptocurrency space... tacky... with all the media coverage, none of it is about crypto its all about him showing that one individual is being able to manipulate the masses to inflate a coin. by all means i'm not hating on doge : the true intention of doge was to bring fun and joke into a serious space for those wanting to have some fun for those individuals that think following this guy will give you financial independence by putting all your eggs in one basket i would seriously think again because there is not a minute in the day that elon is thinking of the impact it has on you in the crypto space. if anyone is looking for advice, the only advice i can give is to really ask yourself if you believe in the project your investing in, believing in a project is just one of things which is possible to make long term gains because you're more inclined to hodl. i've been in the space for years and those projects i've really connected to and have motivation about has never done me wrong. those bought on a whim not so much of a gain but have more intention to sell when needed
eloncoin. the ultimate shitcoin.
why is everything dipping again? did elon tweet?
i hate to say this, but we did warn you about musk's dirty plans and you still believed in him and hailed him as the saviour of crypto...
"genius" billionaire learns that bitcoin is powered by electricity. the same electricity that powers his stupid cars 🙄
cryptomarket is simply showing us that the anarchocapitalist society is an impossible dream (right now?). the whole 'decentralized finance' is making a full circle back to centralized finance: first by centralizing the pow blockchains around a few very wealthy miners and later with pos by centralizing the power around a bunch of more wealthy people (sound familiar?). since a single person has the power to drain 15% of the value of a market there is no way to talk any kind of decentralization; in fact, cryptocurrencies seem to be more dependent on a single billionaire's whim than any other currency in the world. let that sink in. cryptocurrency market either has to grow up or it has to go.
nano is the solution !
great! energy consumption of bitcoin is totally unhealthy
elon musk's arguments are totally fallacious. the situation did not change between march 2021 and may 2021. everything that elon musk now blames on bitcoin could have been put forward in march 2021 when tesla announced support for btc payments. in reality, it is probably a completely different reason why tesla is backing down. a reason that proves to us that it was all about business from the beginning for elon musk and tesla. indeed, behind this unexpected turnaround in tesla’s attitude is a reason unrelated to the environmental impact of bitcoin that would suddenly worry elon musk. tesla has survived for years thanks to massive subsidies from the u.s. government. without it, tesla would not have been able to stay in the business quarter after quarter for so many years. so the u.s. government probably had to call elon musk and tesla to order. by giving in to the government, elon musk is clearly showing a reality that everyone needs to integrate: elon musk is not antifragile. once the news is integrated, this whole thing will be beneficial to bitcoin. so the best thing to do is to step back and stay true to the fundamentals of bitcoin. stay strong, stay a bitcoin hodler.
can we all short tsla stock as payback…. sick of this clown
i’ve had enough of elon and his blatant market manipulation i hope the sec can form a case against him
can this fuck stop manipulating the market
ethereum is on its way
puts tinfoil hat on. there's some speculation elon was looking to wipe out billions in institutional asset value ahead of the liquidity tests tomorrow.
shut the fuck up elon! worst thing that ever happened in this space is when he thought it was a good joke to get involved! i am by no means wiped. but his blabbering mouth just cost me 20k!
good job bitcoin is only 20% of my portfolio! that said, it is a terribly red day all round.
what makes me laugh is he goes on about not being carbon friendly etc yet he makes electric cars? does his cars use different electric to the computers that mine bitcoin? he did not say he is selling nor buying so he is just trying to drop the price then he will buy a couple billion more. once it gets down to the 25k mark which is when he brought before, he will announce he brought a couple billion more then watch the price sky rocket again.
time to short tesla
when it comes to crypto, musk = mcafee - drugs
this is bs. traditional banking uses way more energy.
he did not know about its energy usage before purchasing?
musk probably already owned these green crypto before posting this tweet...
lol. crypto is now officially as predictable as my girlfriend.
sheeple should stop listening to this evil dude.
same dude who launched a fucking car into space lectures us about the environment.
the rich just do whatever they want to do. if you’re rich and you don’t like someone you can kill them if you want to buy something just text something saying it’s to expensive then buy it. this country is going to shit the richest 1% keep getting richer while the other 99% keep getting poorer
i get the intention but yeah, feels a bit just a bit hypocritical to do it just now...
1: buy and promote 2: do the "research" months later my man...
ugh i wish i got into crypto earlier than march… it’s not really going according to the “plan” and halving charts. aren’t we “supposed” to be in the middle of this bull run?
what the fuck is the crypto market today. down 3k
yeah this guy is evil, he basically controls the market and he knows it, he is gonna buy the dip then tweet something positive about bitcoin again, what world we live in
how can he so easily manipulate the whole market?
i’m so glad you’re all starting to see that “daddy musk” is a filthy schemer like all the other billionaires. maybe we can also stop showing support to sociopathic (and possibly pedo) ellen and her gorilla fund. donate to local charities and causes you can see. not charities owned by maniacs looking for tax breaks
elon has successfully brought down the entire crypto market. assclown!
thanks a lot elon!!!
he’s a grade-a hypocrite 🙄. why would anyone sell based on this anyway? like, who cares what tesla does?
real reason: elon is tired of miners copping all of the gpus before he can get his hands on any
this is bs...and he knows it. yet another ploy. the big money is buying this up bigtime!!!!!!!! on the road to 75k.
nice manipulation elon, it’s time to [buy the dip!](
“i refuse to believe that the ceo of a company worth .”
so... ada about to pump like crazy now since it’s proof of stake right? lfg
cardano (ada) is likely one of those he mentions, being the most technologically advanced blockchain with very low energy usage. also cardano just had successful launches in africa and musk musk know about those. just look at the price now, its one of the few ones going up.
still using less energy than normal currency. i doubt his motive
elon... "i'm just gonna say it. this guy fucks. am i right? 'cause i'm looking at the rest of you guys, and this is the guy in the house doing all the fucking. am i right? you know i'm right. this guy fucks." perfect way to introduce his solar city for clean mining and probably his own crypto. 👌
wait till he learns how much electricity banks burn to vault your checking account.
good news for algorand!
kinda cool in my opinion he is forcing bitcoin to go to proof of stake effectively shutting down bitcoin mining. that’s how you stake when you you got money people, nobody offers the super rich interest rates. with his huge investment in bitcoin now public he will hold until he he gets what he wants. bitcoin becomes profitable again and boom interest on his investment. in the back ground he will pump doge hedera cardano tezos algorand just to get more crypto hype so thanks elon make me moons bro!
when will people realize he is not the crypto savior everyone thinks he is. he's using us & crypto for personal gain & will do more harm then good in the long run.
musk, the market manipulator.
i generally like elon, but the way that he actively and intentionally fucks with the crypto market pisses me off and makes me want to leave crypto entirely. if one billionaire can manipulate the market this heavily, what about when the rest of them get involved later down the road? you dont generally become a billionaire by playing fair and being nice. papa musk fucked the doge community on snl. and he knew he was doing it. the real question is why? he made some good money out of that in one way or another im sure
a l g o r a n d greenest crypto out there
he literally scammed his biggest fans. i bet he lost a lot of support today
maybe i will try margin again... only do 5x... use stable coin as collateral... set stop limits. literally 15 minutes later elon fucks me. i know it is not personal but it feels like it.
doge lightyear this is an intergalactic emergency. join doge lightyear a fair launched, nexytgen, auto-yield token on binance smart chain. to infinity, and beyond!
algorand is a scalable token. very efficient too. maybe he will spot it
wait til they find out where most the electricity that teslas use comes from.
elon doesn’t give a fuck about energy usage or crypto, only himself.
interesting that the news media doesn’t bother to calculate the energy costs of printing paper currencies, minting coins, and delivering currencies to bank branches globally by trucks, etc. calculating the carbon offsets to bitcoin mining would provide a more accurate and fairer picture.
he is one special case of asperger's who hungers for attention
let's start to boycot this cunt and his shitty cars...
elon musk next year: mars project would consume too much fossil fuels, looking at moon or some random asteroid as an alternative.
i do not understand why so many people are hating on elon. if you're into crypto (btc in particular) this is a good thing right? buy the dip and unless i'm missing something, eli5.
i’m creating a coin that solves this problem but it suck to not have a voice to be able to be backed
next step... paypal going back on their word
you can do nothing but just laugh.
he knew this when he bought btc. he is manipulating the market, plain and simple.
our signal to buy
yeah, btc is bad news. so bad,,, it tricked them when they bought it originally. btc did not tell them about its energy use back when they bought and kept it secret until now. i only see one likely scenario here: elon stacked doge before manipulating that market, was convinced he could pump the price to .90-. since it did not get to his sell price he is thinking tesla whining about btc and favoring doge might do the trick. * i know a lot of people think elon is a wizard with perfect plays,, i think he is smart and trying to manipulate a market for gain but this one just did not work out for him to the degree he wanted. (granted, joke's on us, he got in at doge at .04 and i do not think he is dumped his bags yet so...) if tesla 've been a problem for them last year. obviously, no one can believe in doge on a fundamental level. sure, i can agree it is the best meme-coin, but aside from that, technically basically any other coin is at a mininum, as good.
surely he.researched it before making the decision in the first place. he's just manipulating the market.
elon has a lot of power in regards to his tweets. he is very well aware that his statements cause prices to move up and down. this is blatant market manipulation, and of course the sec will look the other way because billionaires operate by different rules.
how does bitcoin mining use more energy then charging all the electric vehicles everyone is supposed to be driving soon? i mean electricity is still produced the same way way for both.
musk might be a genius but he’s shown himself to be a giant douchebag narcissist since he started talking about crypto. i really hope he gets into serious trouble for his manipulation of crypto, whether he gains not from it. i find it hard to believe that him or some close friends of his didn’t get into doge before he started pumping it.
elon has realised tesla will never been the company he has sold to investors and the only way to increase profits each quarter is through pump and dump of cryptos. what's a fucking plug of a guy, and this is who people look up to. fuck him
kids who are just now realizing that elon has been manipulating them and their doge bags this whole time are the only ones panicking.
i bought on bitcoin and eth on may 12th at 9am as a birthday present for me. bitcoin 55k, eth 4,300...what a great birthday.
don’t take it personal btc bois. tesla hasn’t sold their shares meaning it wasn’t a profit play. they were crippling hedge funds for the liquidity test today, but the feds bailed them out again as usual. btc will be fine. this dip may have caused panic for new traders but in the long run it’s still a good play. this isn’t against crypto. it’s against the hedge funds.
so will graphicscards become cheaper again?
i cannot imagine being stupid enough to pay btc for a car, no matter if it depreciates a little slower than normal. get a loan off btc, buy the car, keep the crypto?
it s funny how nobody talks about dogecoin, you know what's coming, you're all in denial
yeah it is so sad that the crypto world is affected by one tweet. investors should look into quiver protocol. it's a new platform for information that is crucial for traders. they offer verified data for betting decision making.
musk dickriders about to collapse
i have an impression that people vastly underestimate elon's ego. imho he is playing this twitter game not to impact the price of a particular coin, nor for his sudden care for the environment, but rather to set the scene for his own crypto. i do not know, muscoin or marscoin, your bet is as good as mine. obviously this is only a speculation but at this moment i cannot see a better explanation for all his involvement in the crypto market so far. buying large volume of btc and allowing to pay for tesla with crypto shows that he is involved and understands the market. then he suddenly realizes the environmental impact, like that came as a sudden surprise. and then the message about "looking for crypto that uses less energy". do you think he is now scrolling through the list of existing cryptocurrencies and looking for the one kindest to the planet? or rather going to run his own solution, all powered by tesla solar power plants?
elon is a dick
*continues to rape the earth with cobalt mines ran by children, le epic elon moment
straight up fuck elon musk
a moment of silence for all the bots buying bitcoin when musk tweets about it
in case anyone do not realize elon most likely is playing the market. i would bet he bought the dip after saying that.
he's made a shitload of enemies by doing this, anyone reasonably wealthy could ruin tesla by buying~~setting them on~~ having them 'catch fire' and submitting videos online to go viral. ev is a misunderstood technology and if you get enough instances of them catching fire or crashing their image will be ruined...
he's being a poes!
you know what else uses fossil fuel? launching rockets into space. unless he switched to canola oil
with so many cryptocurrencies out there what really makes btc so valuable? i know there are a limited amount but whose to stop other programmers from copying the btc program and making their own cryptocurrency with their own limited coins? the end result is that you have all these cryptocurrencies and beside hype where is the value derived from? the us dollar is backed by the government. what backs all these cryptocurrencies? one day btc is popular the next day another cryptocurrency becomes popular. it becomes a diluted market.
bitcoin is a pump and dump 💩coin
is he trying to compensate for tesla stock dropping to its lowest in 3 months?
i wonder, did elon musk ever bother to ask where the electricity people use to charge his dirty electric cars comes from? or how much energy fiat currency uses with all those air condtioned banks and wars funded by fiat debt to prop up the american and communist chinese empires?
he’s modern day dr. evil
if he chose doge then it will be the same ecologic thisaster as bitcoin because miners will use antminers such as the l3+ that is the same kind of miners used for bitcoin...
there's only one thing that make me happy right now. is that if tesla bought btc at 44k and not lying about selling only 10%. they these guys sit there bagholding same like you and me:)
tesla v btc the greater cost to the environmental
\[\] \[0 days old\] \[.00000000128721 \] fair launch today. a coin of epic proportions on the bsc market, low mcap token with 100x potential tonight! \[ \]
fud everywhere. just buy and hodl lol
that’s why i’m buying a fisker
the less energy used for mining aka securing the blockchain, the less energy required to attack it. laws of physics.
nano fan boys are gonna be happy about this.
nano is exploding damn.
ada to the moon.
why the fuck would he accept it in the first place? he had to have known this before! fuckin loser
elon musk you are a piece of shit
nano. this is all
i see nano is going up on the news
musk is genuinely a sociopathic piece of shit and he is never been otherwise or even pretended as much since he is been in the mainstream, period. what he is doing to crypto (transparent pnds, for one) will almost certainly be what gets it under the radar for talks on regulation, and there is no guarantee in the future that he would not keep doing it until everyone's burned out from watching their investments fluctuate to the tweets of a deranged man child. him fucking off permanently will be the best thing for crypto.
it's time for nano to shine 🙏🏻🙏🏻🙏🏻
cue the apologists in 3... 2... 1... fuck this guy.
oh fuck off musk
dude, this guy is a douche and i don’t know why reddit praises him. fucking pump & dump.
load the energy fud
can he stop with all the manipulation and antics?
i wonder if this announcement was financially worth it for tesla. like realistically, how many vehicles were really being purchased with btc at this time. i just do not believe it was anywhere near an amount significant enough to warrant making a decision that affects their stock price. something does not make sense here.
xrp looking more attractive.
altcoins are about to go through the roof when he announces which ones he is going to be accepting. it's time to use the dip bringing everything down to invest in the more efficient ones like algo and ada. and as much as it offends so many here, doge is looking pretty tempting...
i don’t like elon, and i don’t trust him. i don’t think he deserves to be the ambassador of anything crypto related.
jesus fuck elon, shut the fuck up. not everyone has billions of dollars to waste and your fucking bullshit comments makes btc drop like a rock. fucking douche.
he's manipulating the market, profiting from pumping and dumping - and fuckw!ts blindly go along with everything he says. he knows damn well the overwhelming majority of crypto is mined with renewables as they are cheaper than other forms of power. not to mention the assumptions made in regards to power consumption and adoption are grossly miscalculated.
i cannot wait for people to realize that musk is less nikolai tesla and more thomas ethison. he's a capitalist, through and through.
and people were defending this guy when i said this was all selfish on his part. the guy is transparent as hell.
not bullish. elon is just playing with everyone. he’s just having fun
this guys a jerk. and he’s just plum bad at sketch comedy.
well he really did not do his research before posting that tweet. bitcoins energy waste is next to nothing when you scale it with making paper currency and similar stuff. he is just full of shit.
is this kind of manipulation legal?
elon needs to get the fuck out of crypto
cancelled my cybertruck preorder. tesla can flop as the weak company it is. only propped up financially by tax payers and crypto. check sec quarterly filings for proof.
the people on this sub are hilarious. such snobs over fake internet currency, pretending that the rarity of bitcoin is what makes it value able. it’s valuable for the same reason doge or any crypto gain value, people’s belief in it. and pretending anything different is silly. i don’t care how “good” a project is. it’s still fake internet coins that need people to believe in to give it any value.
elon, nano got the answer for you.
it's nano's time to shine.
hedera hasgraph or algorand are good options
xlm. it has really low fees as well. cheaper to use then eth or btc.
glad he is finally recognizing the insane waste of btc.
breaking news : elon announces all tesla cars will run on doge and the tears of the people who lost money on btc today
so, reading between the lines: tesla holding btc until china starts using renewable energies. but in terms of energy costs, doge coin is a fork of lite coin which is a fork of bitcoin so uses the same amount of electricity. bloody hypocrit. he just wants to make the market crash to buy more btc.
i see cardano as one of the best next options!
the energy consumption isn’t exactly a new development. i think it’s more likely the volatility has made the board uncomfortable. that and whether they play out or not, there has been a number of top cycle indicators recently, institutions are going to be cautious. they can hide their stake until the next quarterly returns as to whether their cashing out, but accepting crypto as payment is transparent and was going to be visible as soon as they started to become bearish. i don’t necessarily think this has to signal the end of the bull run for bitcoin, but it’s def another indication to stay cautious.
so when we do collectively sue elon over market manipulation? because this is desperately getting out of hand.
xrp, nano, dgb problem solved.
he is not wrong. it’s bound to evolve into what crypto will really be in the future. the 1st gen will never last and other cryptos are coming that are more environmentally friendly. bitcoin has launched crypto into the future, but bitcoin itself is not the future.
i also want to say. who cares what elon says btc and crypto is bigger than him let’s leave him in our wake. we just need another electric car brand to pop up and accept btc and we’re good. btc is now a global currency and in my opinion 1.0
holy fuck my nano bags are mooning, i would never though my crypto picks are going to be this good, vechain, nano, eth, monero, i basically had no bad picks except oyster and waltonchain on which i exited on time.
it's funny how the use of fossil fuels was not an problem for tesla on march 24, 2021 when they started accepting bitcoin. they have .5 billion invested in bitcoin, and they just did not do enough research on it? is it only a problem when everyone can see what hypocrites run tesla? i'm pretty irritated that all this musk guy seems to do is hurt crypto. he made a clown of himself on snl. i've lost faith in anything he is selling.
bruh where is the electricity for your cars coming from? smh
ada can take care of this problem
nonsense. tesla did not buy .5 billion worth of btc without understanding what it was and how it worked. elon knew the energy cost of btc transactions three months ago, just like he knew that the claims of environmental detriment are highly exaggerated. this is some bored super-villain shit. fuck elon musk. that said, bitcoin and every other crypto is on sale. load up.
algorand this is our time
as if sending rockets up every month is “good for the environment”
hot take: tesla initially accepting btc was for the purpose of bringing crypto as a whole closer to the mainstream, and was only the first phase of a plan whose overarching goal was to bring *proof of stake* crypto in particular to the mainstream. (why he did not promote a pos coin instead in the first place, i have no idea, but let us assume for now that he had a reason other than just rug pulling because imo it is more fun to speculate about other possible reasons--like maybe since btc is the most well-known, he knew that tesla accepting bitcoin would generate the largest amount of buzz) now that everyone's had a couple months to learn a bit about what bitcoin--and by extension, crypto-- is, he next explains "ah but the problem with this crypto is the energy consumption. hmm" which to me kinda feels like i'm sitting in class and the teacher has just asked us all a rhetorical question to get us engaged with the lesson--and thus learning the material better. the obvious answer to "we're looking for cryptos that use less energy consumption", for the students who've been paying attention, is "proof of stake!" he's getting us to come up with the answer on our own so that when he announces next week that tesla will be accepting [some pos altcoin] instead of bitcoin, we'll all be like "yep see i told ya." to get something like proof-of-stake cryptocurrency understood by a (more or less) mainstream audience, i could see taking a multi-step approach like this being pretty effective. let's contrast this with if the initial tesla announcement was about algorand or tezos instead. it would have still generated a ton of buzz, but the average person would have had to learn more things in order to understand wtf an "algorand" is, and as a result fewer people would have bothered to learn about it. or it could of course just be elon wanting to pump the price of bitcoin in order to make a massive profit. i personally want to believe that being one of the wealthiest people in the world already though, that maybe profit is not the most powerful motive there is for him. he strikes me as someone who actually gives a shit about the progress of the human species--and helping the human species migrate to crypto just because it would be a good thing in and of itself, seems like a pretty cool motive, if true. i do not fuckin know the guy though, maybe it really was just about the profit. or maybe this was all just to set up dogecoin as the next big thing, just because it would be funny to him.
thinking it’s cardano ada. a lot cheaper to transact than ethereum. it’s 1.6 million times more energy efficient than bitcoin. plus all the huge improvements to africa’s educational system. elon’s home continent.
so the electricity powering these tesla’s aren’t from burning coal, and the mining of rare earth metals for lithium batteries and the recycling of these batteries is not bad for the environment? 🤷🏼‍♂️ my 🦧🧠 says there’s more to this story.
ah yes, btc mining is way more evil and pollutant filled than lithium mining for those silly little cars, what a joke
nano could be the candidate, with lower latency, lower energy technology 1 nano trx consumes 6 million times less energy than its btc counterpart. 1 wind turbine is enough to power the entire network. with its biggest release ever, the v22 (that will be 100% operational in shortly available v23), nano will entirely remove local anti-spam mini pow, making it even lower energy consuming. nano is defined as the currency for the people, as pure p2p cash taking sub second to transfer. exactly the torrent.
everyone here probably laughed at doge coin holders when barry shorted the coin, manipulated it on purpose, cost people thousands of dollars, told them get out of doge and into btc and are now mad cause elon musk shot back and pretty much told barry to go fuck himself. karma is a bitch. it’s also funny how bad the market tanked over this. ok so you can’t use btc to buy a tesla... who cares?? 98% of the people who said “omg cant buy a tesla now with bitcoin anymore!” weren’t even gonna buy one lmao. congrats you played yourself
the btc community deserves it. time to wake up, people, and look for real solutions to world problems.
christ i hate elon so much
crypto isn’t environmental conscious or susteinable. no offense to this sub i understand y’all gotta try to make money somehow but crypto should be banned
it might be a wild thought but i want you to take what i am about to say seriously. let's start with some facts. 1. elon musk is a genius entrepreneur that knows very well how money and techonology works. he is also known for being a marketing genius that sent his own car on a rocketship. 2. dogelon mars coin was released on april 23rd 2021, and aims to make humanity a multiplanetary species. the story telling on the website says it all. 3. dogelon mars is an erc20 token making it a much more viable solution than bitcoin to integrate with tesla's business model and (at least partially when ethereum moves to proof of stake) better for the energy consumption. 4. in the past few weeks elon has been talking about doge and declared he will fund a space x mission with it. he as also been at snl talking about the topic saying it is a hustle! 5. his last tweets are (from oldest to most recent) - do you want tesla to accept doge? (poll) - tesla would not accept bitcoin tweet - make humanity a multiplanetary species! so what if... elon is really behind dogelon coin and all of this is a publicity stunt? curious to hear what the community thinks😁
it's bad short time for the price, but maybe they will move into other cryptos which do not have the glaring environmental issues (and it does) that bitcoin has.
musk opened the door for dogecoin
0.08 on the ratio. eth is climbing.
fuck this guy. all he does is use his position to manipulate markets for his own gain. pretending like he cares about the environment, lol
hope this makes people see he is not knowledgeable in the space
the guys just cannot stay out of crypto. maybe his companies need a bit more of his time.
algo or eth 2.0
poor elon worshippers. they wanna kiss his ass but he betrayed them. what shall they do?
ada, algo, nano and sadly doge too.
lmfao at the idiots that actually believe elon gives to flying f’s about dogecoin. get back in your god damn trunks you low iq gimps.
sounds like a job for dogecoin
bitcoin served its purpose and will now sunset.
man some of you guys are so fucking cynical lol. let the man be for fucks sake. if he wants to buy and tell people he bought or sell and tell people he sold it’s up to him. it’s like you and i telling our friends except no one gives a shit about our opinion. for as much as this sub thislikes elon y’all really let him live rent free.
doge is trash. xrp moonshot.
bitcoin going to .
fuck elon...crypto will never succeed if one man controls the whole market. this is market manipulation at its finest and authorities are just watching while the richest man in the world is playing with us like marionettes.
dogecoin would be a great fit for tesla, i absolutely want to buy a cybertruck with mine!
there’s no way this isn’t anything other than an attempt at crypto market manipulation. i like *aspects* of elon, but like most modern-day tech ceos, he’s narcissistic and an opportunist. he knows how much power he has over the crypto world, and to have his company say they won’t accept it as payment... but they’re not selling it... means they still believe in the value, but they want more btc, or they just want to be able to purchase more of it directly. as they say, kids, hodl... if you can.
bullshit. someone got to him. i don’t trust the guy anymore
potential spoon feed to make way for doge as payment...
lmao, let’s hear it reddit how much better your coins are then these “shitcoins!!!” looking at coinbase, smells like shit. thanks musk. hey folks, how about this, quit rooting against each other, folks pay attention!!!
elon is a genius. he generates millions with just tweets.
lmfao, nice meme coin
i have decided it is not pronounced as "dhoujzcoin" or however it is supposed to be pronounced. it's "dog-e-coin" like "doggycoin."
i rolled my btc into eth at just the right moment!
here comes the ada investment.
he did not know about pow and its supposed every usage before now? bullshit.
safemoon to the moon
wonder how many teslas are being charged from coal powered grid?? jus sayin
aaaand i cannot deposit into binance to buy nano. great. and why tf does coinbase not have nano?
im sick of seeing.
so he wants to accept xlm, got it
immediately nano came to the mind, elon will start ultimate shill
so... what then? xlm? what else is easily available on exchanges and has 1% of btc's transactions cost? and more green? i doubt they will use xrp and i do not think musk is dumb enough to accept doge
🤣 he is treating his fan base like trump. keep taking their money musk 🤣
tesla gonna dump when it opens tomorrow morning. mark my words
hello algorand. it's striving to be the greenest crypto out right now.
we all know he is talking bout nano
blindly following this motherfucker is just like blindly following trump. wake up people
someone tell him about vet...
this is rocket fuel for xrp!
imperial credits need to be a thing
he is such an annoying fraud. he will find another way to line his pockets further. he doesnt care about the environment.
cardano licks it lips
ok but will btc recover? i’m trying to decide if i should dump what i have (at a loss 😠) or just hodl 🤦🏻‍♀️
it would be great if this manipulator just stayed away from crypto altogether. his manipulation makes him richer and keeps the market volatile, which keeps the average joe away. i wish people would just stop listening to what he is saying.
next week tweet: tesla will resume to accept bitcoin payment. we realized that there is something called the lightning network and bitcoin transactions are actually energy friendly. sorry for that, fellas. we also bought 1000 btc during the dip last week.
crypto in general is going to waste energy and be bad for the environment. what do you expect? traditional banking?
doge is more environmentally friendly.
fucking piece of shit
if anything is a good advertisement for being extremely cautious with crypto then it is the fact the entire market is so reactive to the whims of one man with no actual control over these currencies at all. and until these are guaranteed by someone with the clout to back it up (like a government) everyone is at risk of everything being completely worthless.
green funds stopped buying tsla so he released this. his meme hobby started costing him and so he thisassociated with btc to protect his main wealth. crypto is just a game to him. btc’s carbon footprint is terrible and no green investor will hold it. seeing all the crypto bulls saying this is him trying to depress the price to buy more only demonstrates the level of fanaticism that many here now have. the carbon footprint of mining btc is a red line when it comes to climate change. he just said it in black and white. it’s just a fact. btc is hamstrung by this fundamental flaw. it must die. crypto can survive with pos coins, but proof of work cannot.
but seriously though i’m new to crypto but from what i’ve seen it’s not a serious currency kinda just seems like a more risky form of investing.
buy your cardano now!!
let me guess, his wayyy better alternative starts with d and end ends with oge.
it's exaggerated. bitcoin does not use that much electrical energy. anyway electricity is generated in many different ways hydroelectric, solar, wind, nuclear, gas, coal.
out of interest, are there crypto’s which solely use renewable energy?
nano to the moon!
i called this 100%, got downvoted and was told how great he is for crypto. pure manipulation- expect more from the worlds greatest con man.
it’s all for dogecoin
did someone say nano?
i’m a bit confused as to why people are saying he’s pump and dumping . if someone could care to explain to me why john mcafee was arrested for pump and dumps, yet so many comments here say that “it’s not a security so elon can pump to his hearts content” doesn’t make sense, or am i missing something? if he was so clearly pump and dumping then he would have been arrested just like mcafee? sorry if this is a dumb question but this doesn’t make sense to me.
i think they’re either going with ada or algo, algo is only 2 years old though and ada has stood the test of time along with being 6th largest by market cap and the fact there is a picture of elon and charles together shows that they definitely know each other to some extent. so my guess is ada, mix that with them being the one of the only cryptos that are up right now i think that means i’m not the only one who sees this.
at what point does the crypto community fight back towards what elon is doing like they did with game stop? i cannot be the only one that despises his existence as the new dictator of crypto movements.
love how dogecoin people love this news. but what they do not realise is dogecoin needs bitcoin...bitcoin does not need dogecoin.
doge to the moon 🚀
this is what bitcoin cash was made for 95% more efficient than bitcoin at the same transaction level and fees less than a penny because of its efficiency. live updated source for energy use statistics:
so much for gold standard.
doge would be the coin to consider
holochain . the most energy efficient crypto project that exists. blockchain does not even compare.
will we see tesla announce that they own some ethereum? he’s probably taking this chance to load up on more btc as well
🤷 just wont buy a tesla. thanks but im out and i wont support a company that so easily effects the market making people lose money. they made money on this so the morality lesson is fos.
i know this sub hates xrp but hear me out. we already know that the sec has sued tesla in the last and we know that elon does not like the sec. we also know that xrp is one of the greenest cryptocurrencies in existence and is already built specifically for payments. add to that the sec is currently sueing ripple over their sells of xrp. imagine the slap in the face it would be to the sec if tesla decided to use xrp. it would be a thing of fucking beauty.
did someone say stellar?
elon cratered doge calling it a hustle saturday and btc today, calling it a threat to the environment. the track record is not good. whatever he turns his eye to next, you better hope to god it is not a coin you like.
and unfollowing elon as we speak
is elon turning into the next john mccaffee? attention seeker who's behaviour borders on criminality...
serious question since i’m not too educated on the matter, is there any possibility of btc ever switching from pow to pos as a consensus algorithm? regardless of the elon tweet, the switch has been due for a while, most of the mainstream reasonable fud out there is attacking the environmental impact of “crypto” when it’s really mostly btc’s impact.
there's a shot ton of crypto that fit the bill... which one will it be!?
oooh, might have to buy the dip
why proof of stake coins, like tezos, are dropping? doesn’t make sens.
i don’t see this anywhere on twitter... *edit^ found it
honestly, how many people were going to use an appreciating asset to buy one that depreciates 50% the moment you drive it off the lot anyway? if anybody believes in their investment project and assumes it will go up in value (even doge holders), then they wouldn't trade it for goods
oof musky trying to start the bear
my expectation is he will be promoting some sort of powerwall mining deal.
the problem is not crypto or its energy usage. it's our antiquated power grid. move to solar.
doesn’t research show that traditional banking actually uses more energy when every aspect of it is taken into account?
pathetic. all the money in the world cannot buy you mental health and stability this guy would sell his mother for a quick pump tomorrow he would tweet: "we are not out , because we were never really in..."
oops. posted the energy would be an issue few months ago...willing to bet you can guess what the response was. gl folks
what the fuck. i was able to come up with some rationale behind his moves with doge but this is just pissing me off. dude over here pretending like he just learned about crypto. i’ve always believed that his public stance on crypto was planned. he’s probably been secretly geeking over this shit since the beginning. zero percent chance, imo, that he doesn’t see the potential for the future. the fucker helped digitize transactions. i don’t know what he’s doing but there’s intent behind it
almost as bad as me having 2x by mask today, tsla stock and btc lol. it’s all good . both are good investments and will rebounce shortly.
i hate the day elon started tweeting about cryptocurrency. so frustrating as every tweet he makes moves the market. also does anyone actually believe they did not do their own dd prior to buying bitcoin? smells funky
it's all barry's fault.
now what projects that are out there that currently use less than 1% of bitcoins energy requirements?
i know a green and fast crypto, but i do not think i'm allowed to say it right now in the middle of a shitstorm.
daddy musky needs to refill
for a genius he sure makes up some stupid excuses.
i’m beginning to think he has no idea about any of the fundamentals of crypto. he’s just stirring the pot on everything. i realize this is probably a late realization.
sad that this caused a dip, seems like not a big deal at all.
tesla: it's "clean" because it uses electricity! bitcoin: it's "dirty" because it uses electricity!
will doge go proof of stake?????
elon musk is a fucking asshole and should be prosecuted by the sec. this kind of manipulation is not on.
again, why is an announcement on such a thing coming from elon's personal twitter with zero mention on the tesla twitter account? same as when it was announced about tesla accepting bitcoin, no mention on tesla account.
last time i went looking for hosting all of the big clusters were centered around areas that had cheap renewables like hydroelectric and geothermal... hence why iceland... ' is china really that much of the miner community still?? isn't it kinda... unfair... to be blaming a currency concept for the behaviors of a nation (they are expanding coal power for industry on a whole, not specifically to mine btc). or is this just another (really effective) way to create fud?? ' hmmmmmmmmmmm i wonder...
what kind of game is he playing at? i'm for real
but his cars runs on electricity from fossil fuel...
that's a tough nut to crack. is he taking a shot at china? what's the plan, windmill driven mining operations? man, i wish i had a btc miner, or 10,000 😂
let me get my arse some nano and monero.
oh the games of the rich this week. fun!
time to shill elon my favorite shitcoin!
elon got mad that vitalik is actually putting his money towards helping people on earth instead of just making empty promises of inter-planetary fiction
[mark cuban had a good rationale for still accepting it in his response to this](
he bought the wrong bitcoin. he meant to buy bch!
soon the misconception of hbar been a ‘centralised’ token will be realised. it’s the future, low fees, low fuel
surprised not many people mentioning xlm, their efficient use of power compared to btc is one of the things they’ve marketed about themselves since they started
actually this is good for bitcoin as store of value.
time for dot and kusama to shine... actually impressive technology.
yep, look at nano skyrocketing after that tweet👀. a coin has to be sustainable
lol this has devolved in a shill fest of people high on hopium that elon will shill their biggest bag next.
i'm wondering if his rainforest tweet and this one were hints at .
sounds like tesla's reached a fork in the road...
i think even elon himself does not believe it, it must have been just another statement to outwit the main stream media that is still trying to demonize bitcoin
manipulation big brain, how people can be so stupid lmao
if only there was something like bitcoin but feeless, near instant and used 6 million times less energy than bitcoin...
this really puts things into perspective [ i think this also is a way for the us to get away from mining from china too. that feels like it could be another major motivation...
i am concerned about the rapidly increasing percentage of tesla cars that are charged using electricity provided by coal and fossil fuels! i am looking at other cars that use less electricity than a tesla. this has to be the most stupid elon tweet that i've ever read.
why does bitcoin make so much energy compared to xrp? is it because of its popularity or is because xrp and other “effecient” coins just have a better design for the purpose? should we start looking into these other options?
is it finally time we can talk about nano then? or still no?
the crypto king was standing naked there for at least 4 years now, but everyone was waiting for elon-boy to say it loud.
today was the day i decided to bite into crypto. not a good start.
does that coin actually exist?
lol 60% percent of the bitcoin is mined in china which is known for their emissions. they may as well have stopped selling to the chinese market, maybe they hope because of this the price will drop and then they will buy more.
we'll see what happens next!
"cocaine is a hell of a drug!"
this is weird. it seems like someone got to elon. his typical tweets have misspelling, and just weirdness in general. this seems like a screenshot straight from a company email
bitcoiner's so salty because bitcoin is thisgustingly inefficient lol. maybe fix your slow ass protocol if you want people to stop complaining about its environmental impact.
any eta when he will make an announcement for his next coin. this is ridiculous
haha, what an awesome day.
101 market manipulation, he’s probably bought a ton of crypto (especially bitcoin) during this bleed
i guess you know what this means… buy the dip 🙌
all that matters is tesla is not selling bitcoin. yall keep fear selling and someone else will buy
looks like i’m throwing money at any and every crypto that has environmental-friendly tech...
yea, because tesla wasn’t aware of this when they sold some of the btc held on the company’s balance sheet for ...
i'm guessing this is about branding since tesla needs to be branded "green." the irony is that he asked about accepting dogecoin which is also pow like bitcoin. neither of these coins are very good for mass volume consumer level payments anyway.
looks like tesla about to become a new hedera hashgraph council member...
boys! which is the crypto that uses less than 1% of bitcoins energy??
anybody feel that elon musk's involvement is really really making things so... chaotic and "exciting"
so should i now invest in dogecoin?
fuck this guy he burned me twice now.
they should really consider cro... all the company negatives aside, the currency itself would be perfect for payments
sounds like it’s adas time to shine
a d a... a d a...a d a !!!!!!
the doge community awfully quiet
that’s so stupid, i get the reasoning but to start doing it and then immediately backtrack is manic as fuck. elon is a dumbass.
mom! elon’s manipulating the markets again!
1 man kills the bullrun
he’s mad doge didn’t hit a dollar. now wants the crypto community to suffer, lol.
he's not wrong. crypto mining is fucking cancer.
i wonder how such a smart man looked passed the fact that btc (and its clones) are the least efficient coins out there. and they were made that way by design and the powers that be want it to stay that way. just think, if they start excepting ada, algo, xlm and many others, maybe people will actually use them to pay for their cars. i'd love to know if anyone used btc with its high fees to make car payments. i doubt more than a handful did.
manipulation at its finest.
less energy? so ada, nano and iota. his gigafactory in germany is bullish for iota.
he'll probably be excepting gamestop coin soon enough
could this just be a way to expose the fact that china is the biggest polluter in the world in basically every category and are the ones using coal still in this dangerous climate situation
no one wants to buy a depreciating asset with an appreciating asset then! who would have thought it!?
he forgot ... "we only changed our minds after we bought all the btc we needed. we will not be selling it. oopsies." still love me so musk, though.
nothing but empty virtue signaling.
if only there was a solution. 😎
ewt is the future of green crypto.
musk is such a douche. still find it baffling that people care what he say's, he is the epitome of nepotism.
i’m surprised no one has mentioned harmony
wow, in few days we'll probably find out that he shorted btc lol.
everyone and their mother picking up btc just because it was the first is so stupid. it's basically unusable at this point between the insane energy requirements and massive fees.
zilliqa and cardano ftw
to have a crystal ball. you know he will pump something eco friendly next, but which one? nano, algo? something new? or he stays stubborn and hung up on dogecoin.
and so begins the public’s foray into proof of stake coins. super cycle time!
what if his account is hacked?
panic sell it wait a few months and it will be back to where's it was yesterday
i wish the community would be able to stop taking elon into consideration.
oh boy, etherium is the new bitcoin as of today.
use of energy? how about the earth scarring strip mining for rare metal used to make the batteries for electric cars? note he is not selling his, he is just driving the price down so that he can buy more. whatever dude. friends, be patient and ignore the panic. we're still going to the moon!
well bitcoin was up 30 million percent you know and all the other crypto's were up hundreds, and many thousands or hundreds of thousands of percent. you know it had to end sometime. the norm to make on your money is 10 percent per yr. only if you do really well anyway. thanks elon!
let this be a painful lesson to everyone! including his doge following.
i literally told my husband 2 weeks ago that i do not believe in the future bitcoin because of this. the world's view on the environment is changing this would not be acceptable on the long run.
no one man should have all that power.
notice he says he isn’t selling any
electricity comes from heaven?
that’s not why he stopped thats a weak argument, the weakest actually.
who’s ready for all this btc and eth money to hit the alts and small caps? 😊
this is good csr but you’d think an organisation like tesla would have done their own due diligence before announcing btc acceptance? then pulling out. i wonder if that leaves opportunity for more eco friendly crypto like doge, ripple, or cardano.
pls just do not pick xrp elon, you stupid ape
lol they are looking at dogecoin.
show them bch then. only a fraction of the fees
not a great day if you only holdin' btc and shiba inu.
ewt? zero-carbon-emission chain bridged to ethereum, just opened a dex called carbonswap (susu), aaaaand said they may work on a parachain auction one day...hotdamn!!
he should pick elon of course.
oh shot, i just wake up and immediately see all cryptocurrencies are red. i am like wth. now i know the reason why 🙄
time to sell boys, more news is going to come out!!! hurry and sell now its not a test!!!!!
yea translated: i’m tanking btc so my rich buddies can get in at a decent price
pow is dead. long live pos!
he need to grow up and stop playing with people life saving
okay so what “green” planet friendly cryptos are best to invest in next?
has anyone seen the environmental damage mining for electric car batteries does... hypocrite
it seems pretty obvious to me what elon is alluding to. if the goal is energy efficiency and functionality of a coin, there are only a select few coins that meet the criteria. realistically, just one, xrp. one bitcoin transaction requires 707 kilowatt hours (kwh) whereas xrp requires .0079 kwh. i’m currently hodling over 2k, but will be purchasing enough to get to 5k. good luck 🤙🏼
the speed of this market is frightening. a lot of cryptos dipped sharply, but are already rising back up. btc is back over 50. i'm lucky i could not sleep tonight and so was able to buy the dip. i would've been gutted if i'd woken in the morning to find i'd missed this dip.
**bitcoin will survive longer than tesla**
nice job falling for the fud, elon.
does he really believe the fud or did his twitter get hacked. he either comes across as really uninformed or manipulative. i mean, he chose to announce this today?
fuck you elon, playing with the market like that
what an amazing out for tesla. made a ton of money on bitcoin with the perfect exit strategy and rug pull. slow clap.
hope the money goes into projects with actual fundamentals
algo baby plzzz okay ada too. eth 2.0 let’s go!
nano is going volatile as hell
rip the dream, i guess.
ahahaha fucking bullshit, they just hate bitcoin because it’s independent from any banking system. doge is a shitcoin he managed to crash.
they just want to buy more
link contains a virus
i'm a not a fan of bitcoin for these same reasons mentioned by him, but when he declared accepting bitcoins when it was all known before. news like this heavily impact all the crypto space, let us hope they adopt an alt alternative very fast or leave crypto for good. instead of feeding uncertainty to new investors
time for litecoin gang to rise up
so your meme overlord does not care about you and your coins, huh?
to be fair, he needs to offset the pollution from his rocket launches, all of which have been completely necessary, of course.
that's why it is dropping
today i spent some time learning about crypto market cycles in an attempt to have a stronger understanding of crypto market fundamentals so that i can improve my knowledge base and be a more skillful investor...but then elon musk tweets something and everything goes to shit. oh well, at least i bought the dip. so, thanks, elon - you shameless attention whore.
*algo has entered chat*
why does everyone care so much about elon’s opinion? to the point it affects the whole market.
what are the alternatives, i mean , more energy efficient crypto currency?
he does not have to look far...algorand.
bullshit. he is been controlled opposition from day one. fuck elon musk.
buying the dips and then hell back some other trash meme coin... if they were really looking into crypto as payments imo there are three options: 1) link 2) tel 3) xrp after the sec horseshit
they coin simply release their own cryptocurrency. that would be very profitable for both side.
everybody it is time to panic sell gogogogogoogog
wow crypto market cap dropped by 10% as of now.
he just wants to watch the world burn.
or it was a hacker
this guy does good and bad…...to me
this is definitely just some bullshit to give a reason for the tesla and the general public to use dogecoin. this sounds like total ass.
i think there is something bigger at play here... i have no proof of this but it is fun to speculate. i think hedge funds are gathering liquidity for their potential downfall. i guess we will find out...!
the amount of nuclear powerplants to make electricity and heavy industries that produce tesla car batteries?
i do not think it is going to say anything now
i hope everyone is ready for this blatant market manipulation, because it’s gonna be on repeat.
goes along with kevin o'leary's bullshit from the other day about "blood coins". while in the next sentence he is trying to sell you on the concept of "virgin" coins minned from 'good' sources using clean energy at the farms he is invested in.
hmm. well while bitcoin cash uses the same proof of work algorithm, it’s much more efficient due to the block size not being so stunted. i wonder what the energy per transaction comparison is.
i have lost all respect for elon musk and now realize the truth
can eth be an alternative
i got liquidated -😭
oh boy! now there is a chance any of the crypto subs i'm in gets to become a total fucking cringey elon musk fan boy slob fest. yay.
*** suspended and would not sell**
so that explains the dip should we start transferring?
thanks for buying opportunity elon!
so what is everyone's thoughts on what cryptocurrency they will accept?
imagine spending a couple billion and then saying actually we wont use that and not trying to setup solar farms to save... insanity
>we are also looking at other cryptocurrencies that use <1% of bitcoin's energy what are other cryptocurrencies that fit this description?
so this is why btc is dipping i bet he is loving the dip, we love the dip!
anyone have any ideas ?
cryptoclown, luv the spaceguy. despise the crypto one. always on wrong side of it. was 50% out of bitcoin for weeks, loved the consolidation so throw back money 2 hrs before silly tweet. took all my weekend profit from shiba inu. livid
he's probably accepting yfi next
are all the crypto exchanges down?
lol so they just realized this? wow. elon pumping and dumping like a true gangsta
great time to buy. matic stayed strong aave oh goodness makin me proud!
in other words...don't be stupid and panic sell when bitcoin drops. hold!
the blatant obviousness of this manipulation is at an insane degree… 🤦🏻‍♂️
no joke, musk is the type of eccentric to just say fuck it and make a new dept just to build a eco friendly crypto
nano comes to mind
look at the volume on nano...
just be nice to be this influential
doesn’t he realize that his cars run off the same electricity as bitcoin mining does? isn’t like most of electricity come from coal plants or how ever else they get it through natural resources? is this just hypocritical of something he’s guilty for as well?
holy f elon, make up your freakin’ mind. i can’t keep up with your shite.
so he made hundreds of millions of dollars with bitcoin he did not realise it does not use less energy then? the hypocrisy ffs
elon is a day trader lol
fuck you elon musk . playing games
this mother fucker caused a dip so he could load tf up at … genius (troll)
that tweet reads like a lawyer or someone on the board. i'm not very confident elon wanted to bail on btc
now the true colours are coming out from the elites puppet.
elon slowly going from hero to villain
this is the way. to the moon boys and girls
purchasing with bitcoin is suspended, not eliminated. people need to calm down. buy the dip if you want, i did.
can you really believe anything he tweets?
(other crypto currencies they think will be more profitable to hoard)
unsurprising. he's going to buy the dip. what makes me extremely surprised would be how many people **did not see this coming and pegging him as some sort of cryptocurrency messiah**? i can see the most popular posts surrounding him now shits on him as if he was "manipulating the price" or saying that he is the worst thing to happen to cryptocurrency **despite prior to the statement** that some of you peg him as some sort of *one of ours* or him driving up the cryptocurrency to "mass-adoption" whatever that meant. how quickly the view about him sours when he is doing what is on his best interest not yours. how the tables have tabled! while there might be some truth to that... that is what you get for listening to billionaires and hoping that they for once will take your side; you'll be their pawn and the wealth transfers to them again. rinse and repeat. imagine the same thing happening to mark cuban or jordan belfort as "pro-crypto billionaires"; to them, you retailer gamblers on hype are just another pawn; perfect to leech from without any consequence.
here's a crackpot, uninformed theory: musk has been carefully planning this and already secured some sort of deal to fund an overhaul to doge (would this even be possible? idk) in the same vein of eth 2.0; maybe making it proof of stake? would that even be possible? i feel like, as dumb as his decision-making has been in the past, he wouldn't just pump the fuck out of doge over all the other coins (especially considering he clearly sees the value of crypto in general--the man bought 1.5 billion in btc and very recently used it to profit) if he did not also know that doge is essentially a bubble because of its lack of intrinsic value. but what if he helped change that? idk, im out of my depth here and very caffeinated.
i do not use twitter but i was wondering why my bitcoin ticker was taking a dive... thanks elon.
mysteriously energy did not matter when he first announced lol. the sec going to get off its ass?
im i in a nightmare, guys just check the price. he is a billionaire, he played with us...
remember when people were shit talking on someone like charlie lee for not wanting to do with conflict of interest and then praised people like elon musk, just for this to happen.
and everyone loses their minds. he said he was looking into accepting other forms of currency. the entire crypto world drops out lol... buy up buy up. thanks elong.
he totally crashed me into the wall. look at the market cap and trade volume for this past hour.
welp this explains the dip. glad i'm in proof of stake coins. they seem to be taking the least of this dip.
bitcoins to buy a lambo anyway
the other sheep coin subs are a dumpster fire right now lol
any clues as to a coin that use <1% of the energy??
like he 'just realised' bitcoin uses lots of energy.
tanks the price buys more as a reserve. in the mean time says doge will be accepted as payment pumping the price of that
xrp. the perfect storm has begun.
plan to exit to mars must be off. needs to buy more time
maybe neo is next🌸🌸
the dogefather is going to do the same to doge. i'm selling mine off.
sooo can you accept doge or what?
i hear ethereum is greeen now
probably elongate coin, lol
doge is low energy and is still being used by spacex. the day before elon’s announcement he thiscussed accepting doge for tesla.
i wonder what he could accept.
wow elon is the king of pump and dump
he has just highlighted a "problem" and soon will offer a "solution": a bitcoin miner built into his tesla powerwall and powerpack that will mine bitcoin every time it generates more electricity than a building is consuming. problem solved (while profiting from it). keeps the earth green and money pouring in!
this has become very unfunny.
wait y'all thought we was actually on our side? he made his money on doge and btc and then stabbed us in the back...
bro i will actually slap the shit out of elon’s stupid ass
he means bnb. elon and cz have the deal.
control + f "algorand" :(
elon musk: stupid, and gay
>"tesla will not be selling any bitcoin and we intend to use it for transactions as soon as mining transitions to more sustainable energy." so they are still holding eh
hahahaha, fucking get away?
he could start naming which cryptos tesla will accept.
wow what a bold faced lie. dude's tesla battery factories in california make way more waste than fucking bitcoin
oh, baby boys. we’re about to see the ...
elon, yet again creating fud in the market. can the love of god porple please stop worshipping him…. fundamentally btc has not changed. tesla did not sell their remaining btc. in fact they could be loading up more on this dip he just created. tesla experience difficulties in doing transaction with btc, had issue refunding as well after double charging their customers. if i am double charged by tesla. i would expect to get back the same btc i paid but issue is, btc price changes. if he really do care about the environmental issues of btc, they wouldn’t have loaded up btc in the first place. besides he has a entire business built around generating clean energy, certainly he could do something about it. so i call this bull crap
so tesla buying ada next week?
elon is making these big moves and us idiots are just left to scramble and guess his real intentions. damn
tezos, definitely tezos. just featured in the new york times for being clean and energy efficient.
elon goes through crypto like he goes through wives
maybe someone should introduce him to ada. cardano is 1.6 million times more energy efficient than bitcoin.
tesla is merely a front for elon’s crypto pump & dumps.
elon musk stop destroying my life.
where does he go? cardano?
it was a nice little sale to fill the bags a little more.
i'm just going to say it, screw elon musk. i legit am so tired of his pump and dump market manipulation crap. he is such a tool.
surely they are looking at xrp, eos, ada and doge. why not all???
i wonder what elon’s going to accept instead of btc 🤔
wow, what a fucking dick.
what about trx, you guys think trx is an option?
sounds like a publicity stunt. usd is still worse for the environment than btc, but i do not see them putting a stay on accepting that.
tezos and algorand are trying to take over that coveted btc spot. both projects are solid. somehow i feel like it will be doge that ends up winning though.
need no more sign than that telling you to hold.
elon playing with our emotions
time for shiba to take over
time for holochain to step up?!
alright ethereum, you’re up
a-fucking-men (apologies for language). elon is more hammer than stark. c'mon on folks. use critical thinking and do your research. we can be making it here soon. note: making it here does not matter if it is a little or a lot. you make money, you win.
lmao what a fucking dick
“looking at other crypto that use less energy“ what alternatives do you guys think he might use? ether?
elon buying eloncoin will be hilarious.
what a surprise he is manipulating the market. he changed his title for a reason.
do i need to move my eth from coinbase pro to coinbase to stalking ?
so musk is the new mcafee. i wonder what he will charge for a tweet, and what body part he will put on the table.
tesla takes bitcoin when it is rising. stops taking it when it is falling. the power consumption never changed. you do not become a billionaire by being stupid.
tomorrow first thing i will sell all my telsa stock after i pull the knife out from my back bitcoin people have been the biggest supporters of telsa for years elon musk you are dead to me go to hell traitor
oh my god this is why the market tanked.
but will sign contracts with the us military, who are known to be one of the largest polluters in the world.
maybe he should take a hard look at how much energy is used to promote and thistribute the us dollar. talk about a waste of energy? do we have atms? do we have banks? are there online banking applications? servers? skyscrapers? i mean it’s probably like 10,000 to one more energy used by fiat currency than btc... but yeah go ahead with your electric magic cars that don’t use fossil fuels at all. i bet those rockets to outer space are super fuel efficient and great for the environment. jackass.
okay, so why did the ? from what i read it is the more efficient coin?
shib and the other dogs better hold on to their leashes.
elon has realised manipulating and pump.
thank you elon. you are a hero.
it is time for ergo.
what? so now were all hinged to musks twitter acct. omg save us all. 🤦 its like since trump is gone now we need some other egomaniac to gaslight us.
and alot of you hate or have stories about bill gates here's a blatant one. but he is y'all's boy and until.your crypto wallets are hurt no one cared.
you guy better be care he might dump the btc tesla keeps……...
reading a bunch of rationlizing cope-posts while the wealthy exploit this pump and dump scheme for profit is amusing
good guy elon, fucks up bitcoin prices so that gamers can hope for graphics cards and the world can pray that it will make it through the climate thisaster we're creating by singling out bitcoin mining
it wasn’t elon guys, it was me. i bought and it immediately tanked. no joke, as the order went through all i saw was red
hey just imagine the "environmental concerns" when the continent of africa finally gets modern power grids. ohhhhhhhhhh.
zero respect for the huckster.
elon musk is a helluva drug
i was thinking about it today about directly using cryptos to buy tesla or other things.a little off topic question but do you avoid paying taxes if you directly use crypto instead of converting them to usd?
he is just salty from his snl foolery and wants to drag btc with him. in a few weeks he will post some shit meme and the circus is live again.
hmmm, sounds like algorand to me...
. carbon negative. dual layer security. 1000+tps currently. scaling up to 100ktps. only 0.01 algo fee per transaction and will never be changed. [already has lots of programs running on it is platform.]( it's a sleeping giant in the crypto world.
how much energy does the us dollar use?
elon and saylor are buying more... that is all this is about.
is it outlanthish to think tesla buys a shit load of a different currency and then immediately accepts that as form of payment to jack up price, make profit?
cro's time to shine
he'll add it back once the lightning network takes off
so they are a long-term hodler now. hmm, which coins are low energy? i should maybe buy some now! this is not financial advice, btw.
lmao btc is the most millennial thing ever. it cancelled itself by being born.
just bought lite coin. your time to shine buddy.
dogecoin to the moon!
i heard kentucky gives . my decision is do i want a tesla or a bitcoin
this dude is likely the 2nd richest man in the world and still feels the need to manipulate crypto markets to hoard more millions. what a psychopath.
dogecoin is the future
classic pump and dump. "thanks for the , we no longer accept it now that we've made profit"
hold me daddy im scared
he should stop selling tesla. coal is used to make electricity.
i feel sorry for everybody who got tricked into saving bitcoin to buy overpriced tesla cars. there should be a grace period where people can still buy in to purchase the car with bitcoin to honor their deal without people getting screwed over so suddenly. i do not think elon musk cares, as it seems like another shady pump and dump of bitcoin. [
if you wanted to get 👀 to the sector you pump the leader.
remember his consent judgment with the sec?
"we artificially inflated the market by accepting and hoarding it , however, now that bitcoin is expensive and you already gave it all to us we will no longer accept it. "
well, don't know what to say. but my main thought is, i wish this was end of the month, so i had money to participate in this sale ![gif](emotesnoomoji_packsob)
-today elon musk profits huge from btc -3 months from now -elon musk profits huge from btc
xrp ... the solution lies here. exposure at this level and hopefully with the sec case behind us soon will bring great clarity to how well this will weave into our society.
lol, people give elon way to much credence. whatever he says is only going to affect short term, and he is just manipulating the market. if you believe in a crypto, then just stick to it for the long term. this dip would not even be noticeable in the long run
so maybe do not "invest" in something so sensitive to a single individual
maybe he has a plan how to adopt smaller coins like algo?
dogefather, doge, safemoon, and elongate will be the next big cryptos. maybe bscshiba
it's the biggest reason i'm not a hodler.
well time to fill your eth bags
here's my 2 cents. telsa & musk personally now have a very nice position in btc which historically has been a very good hedge against the dollar. this is also a very bullish move for the future of the industry. during snl musk mentioned projects like btc, eth & doge as assets worth keeping an eye on and i am in agreement. however if people do their own research xrp and xlm are very good alternatives to the ones listed above with lower to no fees, faster transaction times when compared to other projects. they are also far greener than many projects out there. xrp and xlm were created with sustainability in mind and are both basically green currencies because all xrp and all the xlm are already in existence which means no mining needed. as a sidenote: the ripple vs sec is incredibly important to the future of crypto in general and if the court case is settled or won i believe that makes them one of the few currencies to have full clarity. second sidenote: as much as i think the sec is a bunch of wombats for not protecting retail investors the outcome i believe that will likely happen makes me incredibly excited for the future. feel free to thiscuss!
elon is just market manipulating. that's it. he has the status to influence the entire market.
will energy issues be the fall of bitcoin?
he is already taking doge for space rides
ponzi coin sad time
ty elon for letting me buy in!
fuck my bags! it's only shitcoins but still
xrp it is then
nano babyy... let's go
can we just rename dogecoin to elon?
fucking rat fuck. i'm so sick of elon god damn musk
introducing, the tesla coin .
watch chia go supersonic, and hdd prices.
here's the way i'm reading the situation. that tweet, the screenshot and share was not elon - that was deliberately worded by lawyers or whatever. and it is true, accepting btc for tesla's did not make sense - a climate concerned company using btc for transactions. now here's the important part - they only said transactions. they will still buy and sell btc for profit because that does not use mining. the last line, while some may think it is xlm, xrp, or nano - it is not. a 750 billion dollar company would not trust those small 20 billion dollar market cap coins on its balance sheet. therefore, if it is not btc it is eth, specifically eth 2.0. this is a long play since eth 2.0 does not come out until eoy. my suspicion is that tesla is already buying eth as evident by the last month (eth up 100% in 1 month). tesla strategy: buy btc, talk about btc sell btc, today's tweet. buy more btc and eth. talk about eth, sell eth. rinse and repeat.
so he is the reason for the dip?
how can a coin use less currency if it needs electricity to run?
raoul pal tweet from last week: 'not sure but every single investor i have spoken to is shifting allocation to eth over btc. all our mutual friends and that billionaire finance circle... seems more interesting now...
after the failed pump during snl, now the plan b. nice move
so how to outsmart him? what's the next move?
realtalk who uses crypto for payments anyway? i rather keep my crypto and watch it go up, or liquidate it and use the cash for payments.
and doge is also freefalling
hopefully we’ll see less elon themed alt coins and other stupid shit like elonjizz.
are we all just going to pretend like this wasn’t to stick it to barry shilbert?
an environment friendly billionaire taking a tough decision without any intention to manipulate the market
i am tired of this guy.
all i know is i'm selling all my tesla stock tomorrow. if this is his reasoning for doing that than i cannot trust a company that is that bad at their dd.
is all seriousness are there any coins that are efficient in its use% energy? actually curious to read up on them if there are. can eth do that?
lol, why am i not surprised? somehow the company needs to justify his ungodly compensation, so they have to do all these gimmicks for quarterly profits. also, i am waiting for the day when chinese govt. puts head under his bum. i should go find all the hyped up quote he told about china!
the real question here is what can be a candidate crypto currency that uses <1% energy? anyone has an idea?
did somebody say green energy?? power ledger!!!
what a complete tool.
elon could very well be the lead mod for r
it’s kind of sad how badly people seek out elon’s comments on crypto...it’s like they’re looking for him to make controversy. like when did he become the go-to crypto financial advisor?
i fuckin love all the hate for elon here. i'm so used to the wsb dorks who think he is a god and worship the shits he takes, it is honestly refreshing to see some "fuck that billionaire dick" sentiment in a financial subreddit.
xtz and xlm are good candidates
if this is not the easiest pump and dump i've ever seen...
combine this with the vitalik sell off of major dex meme coins, what a volatile day for crypto. nearly everything is in deep red. ' you all know what that means... no crypto is not dead... bitcoin is not dead... best time to buy on sale! ;)
such influence much wow
sec take this clown down please!
can we get ada to get accepted, that will really help my portfolio out
why tesla bought bitcoins for accepting bitcoin in the first place? it’s not that you need change for bitcoin payments...
fucking pissed right now because nicehash converts eth to btc when you mine.
bitcoin is a hustle too
damn cardano is just looking better and better
people really are apes, following the grand manipulator in hopes of getting some crumbs from the pump.
this guy aye, and he wants to populate mars...
litecoin will be the solution.
in the news tomorrow: tesla to accept doge as payment 😳 omfg noooooo
a buddy of mine told me this news and honestly said "i do not really know why they made this decision." i could not believe he said it with a straight face.
he tweeted after-hours the night before a market liquidity test...
elon made himself look dumb with that tweet, he’ll lose a lot of respect and ppl will question his judgment on things more...unless he just got hacked
maybe he will accept doge since he likes to pump it so much
so now he is gonna make himeself rich with whatever cypto he chooses is the solution. its a fkn gamble which one
welcome to cardano mr musk
be manipulated bitcoiners to get ez 11 bliion dollars
considering 75% is mined with renewable energy
what crypto is next?
hope he chooses eth! doubt it tho and prob will pick doge. glad i sold doge before it dropped. sold at 0.48. made a lot in just 2 months. had 133k at 0.19. put some in my bank and now have 8 eth. let's go! 🚀💎🤚
this is called market manipulation.
he’s looking for the next coin to pump and dump
„i love bitcoin it‘s so nice fuck bitcoin“ smh
couple days ago he asked if they should start accepting dogecoin... now he’s saying they will no longer accept bitcoin... pretty obvious what he’s trying to do ...
cardano would like a word
elon at 40k: guys btc is amazing **buys a ton** elon at 60k: btc is bad **sells for profit** it’s too clear honestly...
people should stop reacting at his tweets as if he were a messiah. can't we just see he is using his popularity to make profit? we got to a point where certain coins go up or down just because elon says so.
the problem is not bitcoin, the problem is our filthy sources of electricity generation. if all bitcoin miners ran on solar and wind farms no one would care.
otherwise known as, musk manipulates the market to save money on buying crypto
where is algorand in the conversation? disclaimer, i hold a bit along with other coins - but the draw for me was low energy, low transaction fees, and a solid management team. is the energy consumption of nano and some of these others similar?
perhaps this is elon’s tit for tat sucker punch back at barry silbert (former grayscale ceo) for shorting doge?
elon musk and tsla's actions remind me of when most of us started looking into crypto. they are just (rich) noobs finding their way. "what's this bitcoin thing that everyone is talking about? maybe i should buy some." "haha what's this funny dog coin that is like bitcoin? i can joke about that." "bitcoin has a few issues with electricity usage and transaction speed, maybe i should check out a few of the other coins." < they are here > "now that i have actually looked into the market properly, there are actually many promising altcoins that have a variety of use cases." ... overall i think this could be great for maturity of the market and institutional use of crypto. not just for tsla.
he didnt make enough off doge now he s tryna dump the others. wack crazy dude does it again
that’s ok elon, we over here buyin’ lambos and ferraris.
wow... so eth or nano is the next thing he will pump? 😂
ah, the antihero like martin shkreli. guys who do boomer shit so overtly that it gets people upset, but might be the only way to get those people to see the problem with how things work. musk is doing it with more biting tact, implied insult, and "legally" as we define. he is transcending that boundary in that it affects the average flunky investor also, instead of a direct defense of unethical business practices. he is forcing *you* to get involved and have to think about it, too. mad because you feel directly manipulated? you should be, because you do not know how things work, and this is a not-so-subtle sign. you were led into this trap because of shortsighted greed, not because you want to eat the rich or any other altruistic motive. and who knows, the wind might blow a different direction tomorrow, you might see things as rounding a corner, but you're still being fucked with. this shit is so volatile that everyone should know by now. unpopular opinion: getting mad because get-rich-quick prospects faltered is a self-own, this is more of the same preying on vulnerable people in a long line of it. there is no predictable outcome for this kind of investment.
he should check out mobiepay it offers everything any money app does and more. all fee free. only vendors pay fees that are 70% less than standard card fees plus they get quicker access to their money than other companies. they have a banking license and are so legit i can drive to newport beach and see the building in person
people will still be fanboys, i will never understand this. and there are environmental friendly alternatives to bitcoin, why does not he use these?
how does accepting bitcoin or bitcoin in general affect the environment? i'm out of the loop and do not understand the crypto world very well.
nano: "you called, good sir?"
show me xrp -
360 no scope head shot.
hes planning to invest in telcoin
spread this hastag everywhere
so what is the suspected crypto they will be using instead? where should we be investing?
day after i invested 600 in bitcoin for the first time… you serious??? 😒
massive altcoin season incoming
sooo is this ripple’s time to shine?
yesterday i brought bitcoin , thought it’s already low , obviously going to cross 50k mark soon , maybe 70k in an year end and he made a ducking tweet made my investment dip 20% ... 🥲
why wouldn’t he just create his own?
whenever anyone criticized btc it was always some ridiculously cavalier and condescending retort sans even addressing the aforementioned misgivings. now what's up? it's old technology, not green in the era of green uber alles, laden with fees, and has gone up 10x in recent memory. time to take a few bucks out and see what happens. i'm not saying it is doge or eth but they day was always gonna come better to be early than late seeing it.
such a con man
"bitcoin 300k by end of year" lol nope.
nano is my only coin going up.
ask him where the electricity that charges his tesla's comes from.
lol suck a dick
i hate how much influence this fuckwad has
i mean yes it was shity to do what he did but he is right tho. stop compearing it with fiat and other crap, compare it with other cryptos. btc really does use a lot of energy. other coins are way cheaper to transfer. take nano for example.
it seems he has an unhealthy amount of influence + ppl worship anything this man says or does... people love (to exhault or exile) a celebrity...why does he have so much influence or swing in any of this? is it cuz he makes them all the tendies? the cult of personality is a little nauseating when you truly wrap your head around the real power blockchain ...
“now that i’m done profiting off it, i suddenly care about bitcoin’s environmental impact”
when i see people commenting like this on stocks or coins it makes me wonder if they wanna bring the price down so that they can buy back in at a lower amount. i feel like he’s manipulating the market. not cool
i'm buying iota. lowest energy consumption, safe, fast and best for energy and car industries.
dammit i was looking to buy one :(
mr tesla is so concerned about the environment yet i wonder what space x uses to launch there big fat rockets 🚀into space. i’m so tired of this guy honestly as if he just realized how btc works...playing god and people follow him like little sheep.
so, we just go petrol.
elon musk current strategy: 1- become a meme 2-find a funny currency. what is better than dogecoin to talk about 3- buy lots of cryptocurrency(cc) 4-tell people that cc is good so people buy lots and increase value. 5- make money by selling cc. 6- tell people indirectly that cc is bad (as a joke or for environment he done it multiple times) to decrease value. 7-buy cc at low and repeat from step 4.
he is a fucking turs trying to cashout his crypto investments. first manipulates bitcoin saying they will accept it as tesla payment and dumps them and moves to dogecoin saying they will accept doge as a payment. how long before he dumps that too. he would be in jail if it was stock instead of crypto.
i did not know bitcoin mining was that bad. lucky i do not do transactions with it. the fee is ridiculous, or so i heard.
im so sick of musk and all his manipulative self serving crypto tweets as well as the elon nuthuggers. but if nothing else hope this helps cardano take off.
if he… then only crypto and online banks should be accepted. no other form of brick and mortar banking entity
>we are also looking at other cryptocurrencies that use <1% of bitcoin's energy it's bullshit. whether tesla uses bitcoin or not to accept transactions does not change how much electricity is used to mine it and almost no mining is done with fosil fules as they are far too expensive forms of electricity. the cheapest forms of readily accessible electricity are hydro electric and natural gas. no body mines bitcoin on coal... the reason why they have stopped taking transactions is because bitcoin looks bearish and so they feel it to risky. their pr team just did not want to tell you what management was really thinking.
how can he legally get away with his manipulation?
he’s trying to bring the price down so he can buy more... guy is a master manipulator
i dont know how crypo works but is tesla accepting the dogecoin more environment friendly? isn't that mined as well?
why are people allowed to be so influential
thanks elon. you tweet , i bleed
looks like bitcoin cash is gonna be the way to go
> be elon musk > manipulate the stock market via twitter > get in trouble because regulations > do the same with cryptocurrency > everything is fine because no regulations
at this point elon is huge hypocritical about btc. so he either admits his ignorance at the beginning (i doubt) or this is the proof he did so just for profit manipulating the market. on one hands i'm not surprised he was in only for the profits. on the other hand this should teach you how fragile the ecosystem is if a single person (and company) could manipulate so much the market. people of reddit do not follow blindly what anyone says! especially in crypto world.
. there is one guy who was offering to buy 100 teslas if he lets you buy in bch bch is also good because there is less than a cent fees for transactions
i guess nobody was expecting this backstabbing from renowned dogefather
elon "flip flop" musk just doing what he do.
i think—more than anything—they stopped accepting btc as a form of payment in an effort to stabilize the stock price 🤷🏼‍♂️ both tsla and btc were volatile enough before tsla decided to put btc on the balance sheet to prove a point... that catalyst was **not** beneficial to either asset and i think the board recognized that and made a [smart] decision. the world isn’t ready yet; and the environmental impact gave them a much needed excuse (regardless of the validity of the argument that could be made)
i hate to say it boys, but next coin he starts shilling is our wet dream...nano
after buying 1 billion+ worth of btc, they are just now realizing it uses miners and electricity? shenanigans
when's he going to complain about the power wasted by christmas lights?
maybe this has something to do with that silbert guy? he pissed on elins shoes so elon is taking a dump on his face?
every shitcoin holder: me me me!!!
i recall this article from last year: [ it puts estimates that 76% of bitcoin mining power comes from renewable sources. i do not know how true it is but surely there would be a significant portion so miners can maximise their profits.
now accept shiba inu😉
does this mean elon doesn’t do his own research?
tesla accept bitcoin when it is going up tesla does not accept bitcoin when it is going down do his rockets run on wind?
its time for nano!
or... forcing the moass... 💯🦍🙌🏽💎🚀
it wouldnt surprise me if elon joins mcaffee's suite in prison soon.
limitless income investing to a new coin before everyone every 6 month and making it a meme. love it when the rich take responsibility over their decisions. lul
may be no one bought tesla with bitcoin. lol.
how do you guys trust a currency that is so easily manipulated? i mean all it took was a single person to wildly swing its fortunes... sorta defeats the purpose of being decentralized.
imagine he decides to pump garlicoin for shits and giggles
saying it is a fap & wrap, ehhh?
and i was wondering where the dump came from...
not only has elon musk made away with hundreds of millions of dollars in bitcoin, but he is tainted cryptocurrency with his sick pr stunt. while everyone who just got in is freaking out, he will most likely be buying this dip, as has any person been in crypto longer for a year. stuff like this really makes me think about the movie idiocracy.
well, does that count as a 10k daily candle?
i’ve excused a lot of his shit but this moment right here is me going from fan to critic. fuck musk.
chin up to those who leveraged. you’ll be back.
what a ride to wake up to this morning
but the still accept dogecoin, right?
the environmental cost of blockchain argument is so short sighted. while blockchain may not be able to do so now, the promise is that it will be able to entirely replace traditional finance. every air conditioning unit, every building, every business flight, every steak meal, every vacation, every (lol) tesla, every single piece of consumption possible through outsized financier incomes from every single analyst, accountant, hedge fund manager, banker, executive director, managing director, lawyer, stockbroker, hell even fucking loan sharks of every single bank, hedge fund, mutual fund, insurance company, stock exchange, corporate law firm, remittance broker, etc. etc. etc. in the world... replace all of that with automated, decentralized, accessible, automated, trustless protocols. do people really think that would not result in a net decrease in carbon emissions??? what's even better than that is the insane amount of real productive power that can unleash. every single one of these banker wankers, if they are forced to do something else, maybe they might actually contribute something meaningful to the world instead of shuffling numbers and making the rich richer. god knows that the outsized compensation to finance industry workers means that it attracts the best and the brightest. what if the guy who could have invented cold fusion decided instead to work for a predatory hedge fund that invests in dictators (see: och-ziff investing in mugabe for mining rights)?
omg everyone will sell btc now or crypto will go down to . what have you done ?
and you guys see why he sold his bitcoin a few weeks back right? it was never about proving the liquidity of the crypto, it was him positioning himself to 1) make money off the the influx of people buying bitcoin because tesla did. 2) so that he could release this information without losing money. fuck elon.
on the bright side, this will probably be end of all elon musk themed shitcoins
**breaking news:** tesla announces teslacoin, the most effective crypto of all - it runs entirely in cloud and all the servers are powered by renewable energy! buy now!
he's the biggest manipulator in the game. tesla's stock is crashing though.
translation: musk just invested in a lower energy-consuming crypocurrency.
he's right though. and other public companies are going to be nervous to get on board with proof of work coins too if it means their green credentials are damaged, they will start to be excluded from esg indexes etc. proof of work coins like bitcoin need to take this seriously otherwise they are setting themselves up for failure
there is a documentary on metflix that talks about the impact of fishing on the environment and sustainability. the problem is not btc or even plastic. i am not saying that you pay attention to the documentary but it can be a starting point to start investigating the real problem.
yes, sure. these guys just want to be seen as eco-friendly so hard.
well that was information that was widely known for years...strange to pull the switcharoo so quickly.
so a pow coin that does not constrain its transactional capacity is still ok, right?
can someone eli5 how mining bitcoin uses fossils fuels ?
i pray for the people who think tesla is going to adopt nano
they want low energy they need high tps. can't see any reason it should not just be solana.
isn't this quite good for the longevity of the bullrun? it's cooled off the market without causing a cascade of stop losses, alongside vitalik pulling the rug on dog related shitcoins, i'm just gutted i was asleep and could not buy the dip.
algorand is a natural choice, carbon negative and much more developed
i have not looked that far into it; but should not the energy consumption come down once the we get to the final block in the chain?
what a bs excuse. as if this doesn’t look like anything but welching. at worst, deliberate manipulation
algorand here we go!
this is all getting above fucking ridiculous. the guy lost it.
any chance this is some sort of illegal market manipulation? serious question as i’m not well educated on such things.
bitcoin maxis: this is bullish!
so now is a good time to get into algorand?
safemoon holders now: ~~choose~~ shill me, shill me!
the guy is just trending on this bull it is his time. he should enjoy his fame on crypto for now. once a bear market comes which we do not know when he will lose its grip to the market.
such a hypocrite. crypto mining rigs use electricity not coal. what are his cars using?
bitcoin's energy consumption is upto 75% renewable producing less than 0.1% of the world's total c02 emissions. this is not a problem.
this guy is playing with the all stupid humans and the system itself. he is jorking off of stuff like this ;)
i would not say more than this, and feel free to downvote. he prob did it to increase likelihood of hedge funds being margin called.
what will they accept instead?
king elon pump & dump. grifter of the realm. lord commander of dog shitcoins
is this why he is propping up doge coin ?
thanks for the dip! going to buy more!
so following this report then is xrp his next move?
so much about defi... 90% of people listen to twitter idiots on what to buy and what to sell. carnage. oh look tesla just realised that mining exists, now btc will drop 20% over night as it did.
elon is a idiot
but the price did not drop really dramatically, did it? i mean sure, it took a hit. but not anything like that biotech company that, in the blink of an eye, lost 50% of it is value when a test permablinded the testsubject. so it is still on. i'd be more worried about a single person being able to pull strings like that. it kind of defeats the whole purpose of decentralisation i'd say.
he's totally buying dip after dio
“elon is a supervillain” prophecy is coming true everyday
literally his electric cars run off of fucking coal. it is the same power grid?? what does he think he is doing? it's not like solar panels, wind mills, and reactors are just not mining btc for the extra energy they make but is not used.
you'd think they did some research before accepting it in the first place, right?
"our pump and dump worked so we figured elon could make some dumb statement about environmental issues this week...as well as starting a pump and dump for other cryptocurrencies"
hes just nothing but a thisgusting spaz
well "evil mario" skit from snl now make sense.
to every single idiot that considered this guy a crypto-god lol. i expected this the minute he was making profits.
it’s al business you can’t hate him if your stuck holding the bag
what will elon say when one btc is worth 18,000,000?
this is so bullshit
it use to but i think their alright
as if anyone paid with bitcoin anyway...come on
has ripple been mentioned?
this sounds good for stellar!
what?!? so he didn’t know this before? he just found out? well, no surprise here!! the joke’s on us🤡 i wonder what coin he plans to pump now
and now all his sheep will stop buying bitcoin he can make another huge profit off of it.
as a newbie, i'm starting to realise it is not all random in the crypto world of dips and peaks... **elon makes the waves.** i think the new advice is: buy when elon buys, and sell when elon sells.
can someone eli5: 1) what exactly is bitcoin mining? 2) how it causes emissions?
they use electricity, just like his cars lmao
i thought one of the points of crypto was to take away power from banks and the like. but now my coins only have value because some rich ass hole decides of they do or not?
looks like they’re trying to start the next bear market 📉😐
nothing, just homo deus in action 😅😅
here is what's up with the latest elon tweet... he is creating his own crypto currency! ' how better to control the world! he will call it the nikolai (or short - niko) and you will mine it when driving in his teslas.mining it on the green energy running through his own mobile mesh computing network grid. he is a genius
banks use much much more electricity. will he stop accepting fiat over it?
pointing a finger at this now seems weird, but this is a point where regulators could hook in to convince the public a ban or sth would make sense (while they actually want control). if the community addresses this now, environmental impact is an argument that wouldn't apply as attack surface during a political campaign.
i used to love ekon but rn he is nothing more than market manipulators.
as much as i agree this is trash, this is a real problem with crypto, it uses so much energy and requires more and more to make it
tesla to the ground 🚀
talk about altcoin season...
get ready to buy the dip!!
time to buy some safemoon, ranked on certik for safety and no fossil fuel required
elon musk has become the 2021 version of bobo the clown. in general though, bobo made more people laugh :d
elon is the new fontas.
elon the paper handed bitch boy.
elon is a dine and dasher!
elon now: lmao i just sold some bitcoin, need to buy in before next pump better release some fud. ' elon later (probably): tesla buys more bitcoin at 50k and starts an eco mining rig to address the environmental concerns.
he’s buying the dip and he’s gonna pump other cryptos soon . it’s all a master plan to make billions. we gotta figure out what cryptos he’s talking about when he says “we’re looking into more energy efficient cryptos”
elon’s crypto manipulation is so blatant at this point it’s a bit sickening.
sounds like i'm not the only one that no longer trusts elon's motives when he publicly thiscusses cryptos. i mean, he is got a history of manipulating prices, and the secs punishment proves that they agree.
elon next week after scalping cheap btc: hey guys btc isn’t that bad actually feel free to re-pump it we’ll let you buy tesla again
elon is going to be the reason crypto somehow becomes regulated
some reddit level dd here mr musk.
yeah elon musk never researches anything before investing .5 billion in it.
shit dude. those rugs really tied the room together.
you rugged yourself if you’re deep in shiba.
vitalik is chaotic good rug puller. elon is lawful evil rug puller.
you win the bullrun. congratulations!
i’m confused; btc is above 50k, eth is above 4k. what’s the problem?
nope. it's actually because i bought some bitcoin earlier this morning around the 55k price smh.
it didn’t take the market down with it… bitcoin only started crashing a few hours ago. market futures are up since then.
basically this. so many dogecoin holders were fanatics of him when he first mentioned it. then came the recent snl when he talked about dogefather and all of them are singing his praises. then came the rug pull. don’t tell me he isn’t smart enough to not know what the price movements will be like. he could always announce doge 1 right after snl to stabilise the coin, but he didn’t. he waited for it to dip till it slowed down then announced it. even for bitcoin. did he not know the energy consumption when he adopted it? hypocrite.
your talking about the same person that founded paypal... help bring electric cars to mainstream, supplies 1’s solar panels and is trying to get the human race to have commercial space travel. he knows exactly what he’s doing
yep. i’ll just leave this here… edit- removed article with amp. added direct link to elon and vitalik on twitter many moons ago thiscussing what should be built on ethereum.
no one's saying he is a idiot. he is a smart manipulative asshole. the amount of say he has over crypto prices is very annoying.
yeah this is some sort of business strategy. he's not doing this out of the goodness of his heart.
gonna announce tesla will accept dogecoin instead
my first thought exactly, he's playing a game
dude's been bombarded on twitter about the fact that it is ironic he makes green cars that you can buy with crypto. i think he likes the technology but tesla felt pressured to say this.
elon salty vitalik crashed his meme coins
could you imagine the state of crypto if elon just stayed away? sure, we wouldn't have had the telsa buying bitcoin pump, but we also wouldn't have had all this doge dogshit and other crap. i hope he gets out and stays out.
this fucker is going to bring a bunch of regulation to crypto.
i finally broke even on my nano purchase. i bought it in 2018 for
my only coin in the green😂 luckily i have a pretty large percentage in nano
market seems to agree at the minute though.
it’s up almost ten percent today 😂
nanotrade thiscord is going absolutely apeshit
only up 40% today :)
nano is running up right now…
pls give life to my nano bags
my nano penis is erected
i saw nano pump and thought it was just a random event, like nano usually pumps randomly. seeing the market crashing i sold 50 of my nano at .66. then came on here, saw this thread, and have instant regret. shit is going all the way up lol
the whole nano network runs on the energy of a single wind turbine.
damn i wish i had bought more
up 46% since the tweet lol.
i was going to trade bitcoin for nano this morning and i waited. lmao 😭
rai blocks babys lets gooooooooooooooooooo
if i may ask, why
let's go my boy nano. imagine elon starts to shill nano. these 4 years of pain will be worth it.
i swear nano is still down on many exchanges for sending to other wallets. even if people wanted to they are shit out of luck.
wish i stacked more!
aaaand it is almost 40% up
why nano for the uninitiated?
btc maxis have been lying to themselves and everyone else for years and *have been complete dicks* while doing it. good for you if you went against the grain and invested with some ethical convictions.
both colin and elon live in austin. this seems like a no brainer.
it would be pretty weird for him to realize the environmental impact of btc months after buying it.
written like a solicitor - omitting things to create a specific narrative. he knew very well what the effect of the tweet would be and tesla probably (ironically) just want to buy more.
he certainly knew that this will crash the market, idk why we always blame bankers and politicians for making shaddy things, but in here... he always walks away free, theres no punishment for what he is doing. plus also what he done is a nonsense, he must know that what he said about the energy isnt that true, plus he is also holding btc so why say that? then, we laugh at people that buys and sell on tiktokers videos, follow them, etc... but then we have elon posting 1 tweet and btc goes down almost 10%, basically the same. this is such a shitshow
as mining transitions to more sustainable energy? do they not realize that eth2.0, cardano, nano, algo, hedera exist? i don’t get why people are still stuck on bitcoin when other solutions work just as well with less energy
market already reacted lightening fast... as soon as this tweet was made btc, eth, xrp all dropped 5% in 3 minutes
how to tank both btc and tesla shares with a single action.
this does feel eerily similar to those random mcafee twitter coin pump announcements in 2017-2018
you ever think that regulation might be a good thing? the cryptocurrency market is ripe with fraud and manipulation.
seriously. it’s fast, free and pretty energy efficient. nodes don’t use much power. would be a logical choice.
holding whatever he decides to tweet about next does seem like a good idea.
what did vita do
nano pumps for many reasons, this would be one.
seriously, remember when he “accidentally” revealed he was planning to take tesla public when he shouldn’t have? this guy is manipulating the markets on purpose. sooner or later it’ll be revealed that he’s in cahoots with some hedge funds and tycoons or something like that and there’s evidence of significant movement before and after he opens his mouth.
uhh... doge is pow
he’s either massively manipulating the market for his benefit, or he didn’t do his dd before buying into btc. if it’s the latter then the board members at tesla need to get him the fuck away from the purse strings like right now. but as the owner of a multi billion dollar company, i sincerely doubt it is the latter...
how is it negative
i care! algo is what i’m buying now. i have great profits in btc, but i’m not buying more of them. well, maybe eth, but for now i love algo as a way to hodl and make that sweet 7% apy by doing nothing! it’s so clean, cheap, fast, and brilliant.
it's been a recent trend that pos coins are doing well. almost all the top coins are now, with ethereum moving towards it. the coins which have established proof of stake systems are likely to do even better now. the coins which are going to be hurt are bitcoin bitcoin and doge.
it would actually be really interesting if elon went for something like ada. pretty sure it is a doge thing though.
don't forget when those kids were trapped in a cave the divers were looking for a solution and he proposed something out of the box but the head rescuer said it was too risky and elon called him a fucking pedophile edit for link:
lol holy shit he really did say that. jfc life itself is a meme
all your other claims are fair but that dude is definitely on the spectrum. have you ever seen him in an interview?
elon will probably announce doge is the payment he will accept then change his mind in 6 months when doge tanks the guys a market manipulator edit not even 24 hours later the guys too predictable
yep, this tweet makes me even more bullish on eth. i’m glad to see finally some public recognition that bitcoin is a waste of energy and there are more energy efficient blockchains.
i'm not sure you know know what "tea bagging" means.
exodus wallet supports nano and all sorts of other cryptos that are not on coinbase
binance has nano though? anchorusd also has it
yes. bitcoin mining is estimated to use around 121.36 terawatt-hours per year. more than the energy consuption of argentina
shibu inu was always going to wreck into oblivion. it was a junk coin that couldn’t even come up with its own branding. writing was on the wall for that one. it’s main claim to fame was badmouthing doge.
i mean who puts 45% in shibu lmao nano is hopefully the future of cash
it is the natural conclusion of the tweet by elon musk, they will transition to pos, which ethereum does as well.
no need for shitcoins. nano would do the trick. nano actually raised in value against all the market after this tweet
he tried doing this with tesla and faced regulation with crypto he gets to live out his fantasy of manipulation with zero consequences.
sec cannot even wipe their own ass without getting shit in their eyes.
cryptocurrencies aren’t regulated by the sec.
this is most certainly good for ada.
nano is up 48% in the last two hours so he’s affecting the price on it whether that’s what he has in mind or not.
what you rather us do with all those dead dinosaurs??
yep, this is definitely good for all non pow currencies
but he flip-flopped within 2 months. this dude is either doing zero research on the decisions of his company, and then has to backtrack, or... ?????
so you mean it is a coincedence that he cashed out btc, and then realized the environmental effects of btc.
don't sell to them
um... yes? look at the market dude.
i think btc becomes the crypto treasury i reckon.
hey we are all consenting adults here. any money you lose is on you!
always was. nano is what bitcoin should have been.
the doctor has prescribed ada-rall to fix your blues!
by being the richest man in the world
if you have an alternative with similar energy density go ahead and propose that, if we knew one we would use it.
hey now, let’s not give shit a bad name.
i like to think his snl sketches were so bad they crashed doge
this does not sound right. the paper currency printers are centralized and regulated. everyone and their mom can mine for bitcoin even with the most inefficient energy wasting machines. the amount of large bitcoin mining facilities probably outnumber the paper money printers, add the fact that they are running 24, and it seems that bitcoin would cost more energy. also, he already accepts paper currency so if he does not want to double down by also accepting a cryptocurrency that, if nothing else, doubles the amount of energy consumption tesla is a part of, until the conditions are better, i think that is a sound decision.
these people (billionaires) are the ones lobbying (bribing) the politicians to make it legal.
you could say the exact same thing about fiat currency. if the world falls apart and money is seen as useless. people will want food, water and shelter over anything else.
what gives a king's power? consensus what gives a government power? consensus what gives money value? consensus what is culture? consensus what is democracy? consensus. what is scientific law? consensus. do you think about things past the surface level at all? people in here crying about this are annoying, but do not pretend like scarcity is not important to people. yes, people's belief in the value or utility (which is just the ability of something to create more value) in something is the only reason anything has value.
ada, xtz, algo, dot. really, any of the proof of stake coins. but most likely it will be ethereum. this might even motivate eth2.0 to get here faster.
you should realize that if you were to buy a car now of let us say 100k value. then it does not matter to you if you pay with fiat or btc or any crypto, you paid a value of 100k. paying with fiat, or using fiat to buy btc and then pay with btc has the same net result for you. this is something people forget and makes them afraid to spend crypto.
this makes no sense
he knows exactly what he is doing.
had to come back to your post after failing to find any mention of barry in other posts on this subject outside of doge communities. completely agree with you first paragraph.
doge has the same energy wssting problems. not to add that doge is a stupid currency anyways.
no, that’s not exactly something you can code in.
no, there are already many proof of stake blockchains that use less than 1% of what bitcoin does though. there are already loads that already do what eth 2.0 and ada etc aim to do in future, smart contracts with little to no fees and near instant transactions. crypto market is not logical though right now (is it ever?), its more about pumps and gains and whatevers trendy.
no this argument simply does not make sense. as the servers hosting reddit, twitter, facebook, hell even the entire internet does not even run on renewables yet. it's still so far behind it is development. the first step would be at least get the core grid of the united states on renewables, then maybe we can think about the internet and bitcoin. logic was not used in this tweet.
doge is pow as well
uses pow as well...
pretty sure nobody did
it's a funny kind of crater that has doge still higher than it was a week ago... seems to me more like the steep growth due to the hype up to snl was never going to be sustainable, then it was intentionally shorted by silbert, and has since recovered to where it would've probably been without the whole snl thing.
anything's possible, but that situation would be highly improbable. the main reason is, btc's value is propped up, still, by its early birds. these people have already made their money, and they are not concerned about dips or crashes. they really can weather it out, if only because they are seriously rich and have the devs and the whole btc merry-go-round in their back pocket. other coins have to adapt to stay competitive. bitcoin core is shadowy and fanatical, and selfish in its own way. this is a double-edged sword. btc is very highly thistributed and secure. pow is actually very good for preventing any one nation or bag-holder from holding control over the network, causing it to go down. btc has completely failed in its objective of being a cryptocurrency. btc knows enough to not commit seppuku by changing the base formula. it's going to seriously thisappoint most investers, sadly (i.e. the ones who weren't in a couple of years ago). but i reckon it stays with pow.
watch elon sign a deal with crypto.com and cro gets the pump
yeah this will likely reverse in the coming days. at least that is my perspective as an investor. would not surprise me if tesla have already invested in a pos coin as well as ethereum.
lol or solana or cardano or algo or 100 others
or the 100 others that have all the same benefits? when have people ever stopped talking about nano?
fucking plebs that is who
expect to see nano reach ...
nano, here we go...
is this a joke? bitcoin mining uses more electricity annually than the country of argentina
energy required to mine said coin
any proof of stake coin, like cardano.
i do not like how one guy with so much wealth, power, and influence, has so much power over any crypto. that goes against what crypto is about. i do not mind elon. nothing against him. i like what he is doing with tesla, and i like that he is into crypto. but this "wonder what doge is up to" style of tweeting, which results in massive highs and lows every time the tweet comes out, is not healthy. for every winner, there would be a lot of losers. and that comes down to the excitement that elon projects. the millionaire doge guy that we've seen on youtube recently is the new face of doge (to me). he's a little guy hodling on for dear life, and encapsulates a lot of what the average person is doing with their investments into crypto. i can relate to this guy. i cannot relate to elon, who knows he is using his power to hype, and possibly hype-kill, any coin.
i wish i agreed with you, as him being a price killer by accident might provide him with some cover. truth is though, he knows what he’s doing and is willing to smack the market down, either out of sathism, or buying opportunity. all in, very much, my own opinion, though.
buying himself a buying opportunity. no matter what happens, the rich find a way...
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this is a really dumb theory lol
honestly feels like manipulation
no. it may be manipulation, but the crypto market is not regulated, so manipulating it is not illegal.
>bitcoin's energy consumption is upto 75% renewable producing less than 0.1% of the world's total c02 emissions. this is not a problem. can you cite your source so i can post it to numbskulls from time to time? ty.
think ada because he has been talking to charles h some. but as a ada holder i am not trilled about these roumors. elon = pump and dump. i just want healty ada longterm
follow his lead and make some moneys
contrary to what you may think, but currency's power is also respective of what some rich ass hole thinks of its value, banks are infact run by rich assholes.
pow (proof of work) is being flagged up for being terrible for the environment here, however eth is transitioning to pos (proof of stake) later this year. i'd recommend reading up on this transition, but short story is it is much better for the environment that pow as well as being faster. so eth should be okay (in the long term anyway).
pump and dump. that’s what he does to his women too.
he is too erratic and unpredictable, plays with people (doge holder)'s feelings like nobody business. he needs to be confined to the same category as craig wright, roger ver and jihan wu until he proves himself worthy \
yep, this is exactly what he is going to do. his price manipulation has been extremely transparent this year. remember a little while ago when he tweeted "hmm, bitcoin is looking pretty expensive right now." what would his motivation be for tweeting that? if you do not think he loaded up on the dip that came afterward, you're naive. he's transparently manipulating cryptos to make millions, and he is getting away with it. this will bring regulation eventually.
hope it is any of the ones i'm holding
elon is the biggest pump and dumper
dogecoin he's talking about dogecoin. just like he has been for months. he even asked this week if tesla should accept dogecoin. and dogecoin uses less than 1% of the energy that bitcoin uses this is the perfect time to promote dogecoin more. though i hope he also looks into ada edit: more proof
algorand would by my guess
*hey guys,* *i’ve just invented a cost efficient, eco-friendly btc mining rig because i have so much money that i didn’t know what else to do with it*
“i just realized that computers use the same electricity that charges my cars. my mistake!”
i hear this kind of stuff, and it makes me wonder... honestly, how can the government regulate crypto effectively? seems like crypto should be immune to regulation. that's partly the point of the blockchain.
sorry if this is unrelated, but why is your reddit username a different colour?
where's the money, vitalik?
this aggression will not stand man
the dude has spoken.
well someone had to pay mr lebowski back.
did i pee on your rug?
agreed. it's not terrible to make risky bets with a small percentage of your portfolio, but if you're all in shit coins do not be surprised when your money thissapeares like a fart in the wind.
as soon as all these elon sheep see red they panic. atleast one good thing is, lessons will be learnt. meme"sell the green, buy the red".
the v dog (or god) sold his shib
omg i just did that too. i actually sold off all of my voo to double down on crypto lol
i made sure to look over my shoulder before buying but that did not help
hmm...the plot thickens 🤔
not only did he know about the energy consumption, but he has actively taken part in twitter thiscussions about it, and held the position that 75% of btc mining is using renewable energy, and that number could grow. he knows this fully. he's manipulating the price.
crypto could be useful but not when someone like this leads the pack, one tweet and it’s already in free fall
what did vitalik's tweet say?
could we speculate elon has been buying eth seeing as it is been hitting ath for over a week now, and now this is happening?
also over stock prices. it's not fair when one person can manipulate markets like this. he can make all the money he wants by buying then tweeting, then selling.
yea he’s smart but people need to stop worshipping his word like a god. amazing that billions of dollars give a damn about one mans bipolar crypto thoughts. he knows how to start and run companies. so if he’s giving advice on that he’s worth listening to but besides that let’s take his word with a grain of salt. how about the electric energy used to charge batteries? same exact electricity used to run the mining equipment. this is nonsense fud
doge uses about the same energy as litecoin i doubt it
lol “green cars” that use the exact same electric grid as mining. if he’s worried about the “rapidly increasing use of fossil fuels for bitcoin mining”, then he should also be worried about those same fossil fuels charging all those teslas.
why did not he think about that before accepting bitcoin, then? its never been a secret that bitcoin uses a lot of electricity. convenient that he buys bitcoin, announces that he bought it, makes several millions and then decides its not energy efficient.
or it is just elon doing his normal pump and dump bs that he is done countless times.
and losing the illusion his company cares about something other than feeding his ego and bank accounts.
wouldn't be surpised if telsa employees raised a huge storm about it tbh. from what i understand the zealotry is pretty high at telsa. people who could work elsewhere for more money but believe in causes like climate change and space exploration.
i’m out of the loop. all i’m seeing is that he donated like a billion to india covid relief. how did he crash meme coins?
vitalik did not crash doge though
holy fuck. i go away for 2 hours after learning of vitalik selling. then i come back to a massive dip (missed buying opportunity) that seems to have been triggered by salty elon? this is why i love crypto. it’s never not interesting.
man it is been a weird few years. first the launch of apps like robinhood who's goal was to make trading easier for the regular person. then sentiment rose that it should be easier for the regular joe to trade stocks, 'banks are oppressing us', etc, etc. then retail prove the banks wrong () by pumping tesla so high elon musk becomes the richest person on the planet, then fomoing into a literal joke asset to the tune of billions of dollars. it brings to mind that classic quote from ages ago 'the greatest argument against democracy is a brief conversation with the average voter'
could have cost average when it was 50 cents
legitimately up 30%. it went from being at or around 8.10 all day to hitting 12.00
can you invite me to that thiscord?
why is nano the obvious choice over bitcoin?
oooh self burn! those are rare.
when did it hit .66 or where did you sell it at that price because here i come arbitrage trading?
it's a known law among some of us who wait to sell. it would not move much when we are looking at it. then the moment we wait or decide to sell, it moves alot.
ah... a man who has been around. have you ever heard the story of the bitgrail fiasco?
nano is the answer, no fees, decentralized, literally no energy usage like crazy 0.00001% of energy that btc uses or something like that and it is instant
kraken is allowing deposits other exchanges should start to allow it within the next few weeks, i think. (after v22 update).
you can still deposit and withdraw through kraken. the closed exchanges will re-open once the next update (v22) is released, which could happen in the next 1-2 weeks. edit: why am i being downvoted lol.
more importantly they realized after selling 100m of it. very normal totally not suspicious.
he doesn’t give a fuck. he learned he can manipulate the market with ease.
is it just me or is he following the dennis system to a tee
oh well, it filled my
and has a poll on twitter whether tesla should accept doge. i think we are all starting to get sick of elon
i hear ya, i do. but this is still an emerging market. no one knows exactly what will happen and the more information we have the better. elon musk going off on twitter sinking the price of bitcoin by 10% is one such data point that will help us figure out where everything is headed.
i do not get this, why do so many people blame market moves on what an "influencer" says? the market is not moving because the influencer spoke, it is moving because there is enough people (idiots) in the market who believe that what that person says matters. quite frankly i'm pretty exhausted by the majority of humanity simply being to lazy to think for themselves. it's a bit heartbreaking that we've reached these levels of insanity but at this point i'm really appreciating how so many are being forced to learn the hard way.
for most of them liquidity might be an issue when it comes to that kind of money, i think eth 2.0 would be the most viable in the short term
nano just went up about 40% lol
there is probably a reason nano went up more than 70% minutes after his tweet, so yea they realize there is nano
yes, the ethereum 2.0 proof-of-stake network is extremely energy efficient (requires 99% less energy to secure the network).
it's nano. look at the prices plummet and what nano is doing today. it's also green and feeless.
sounds like big thiscounts coming!
which goes to show how reactionary the cryptocurrency investment community is. i’m willing to bet less than ten people per year purchased their vehicle with bitcoin. this is nothing more than a ploy to endorse a new coin at a later date.
eth jumped back up almost as quick. right now oscillating between 4050 and 4100, and i wouldn't be surprised if it gets another ath by tomorrow if there is not more bad news. the double sucker-punch of a bad stock market and tesla dropping bitcoin might be enough to signal the end of bitcoin's bull run, though.
as a tesla shareholder since 2013, “first time”? this isn’t the worst thing he has tweeted out. pretty sure the “going private” tweet in 2018 still holds that crown.
i have been holding a very small position for years without even giving much thought to how amazingly fast it is to transfer. after making the comment above, i asked my brother to download natrium, sent him , he got it instantly and his eyes lit up. is there any other crypto with such speed? it's honestly rapid.
very likely to be ethereum honestly.
sold some of the dog shitcoins that were forced upon him and donated the money to india's covid relief.
he was originally sent 50% of the supply of the latest meme dog coin that spiked in price. his 50% became worth a billion usd, so he donated the whole lot to a covid relief fund.
it's hard to believe he did not dd btc... he is probably just testing the market, see how it reacts, or maybe he is just bored... i mean i still do not understand his plan with doge... i really do not get that guy
that sketch perfectly encapsulates the quality of snl nowadays.
this one really fucking bothers me. hate the cunt. he has such a fragile ego, it is pathetic
that’s so fucked up lol. like that’s not just some shit you throw around lightly either, and to say that to the river who found the kids is something else. what an asshole
btc laid the groundwork, eth is the real breadwinner
thats super interesting and this is all news to me but he for sure knew all about this a long time ago. maybe the guy just really hates bitcoin and.
nothing this man does is good for crypto.
fair enough haha, that is a good point. but seriously, if we just get geothermal. for example there is a lot of bitcoin farming in iceland were geothermal power is abundant.
no; it is a difference; why use your btc when you can just use fiat? no ones buying btc to buy a car
which is why tesla bought 1.5b and they initially announced accepting btc payments and he promoted doge. sure, knows exactly what he’s doing...
doge is the same pow
uses much less than 1% of btc's power consumption that is for sure
name 1. as far as i know there is no coin that is feeless, decentralised, fast and environmentally friendly besides nano. that's why i like the coin. i do not mean that people have stopped talking about it but the fact that they get silenced if they do
what does that mean? tell me a crypto that is more efficient than harmony.
mining bitcoin uses so much energy that it is only profitable to mining operations if they source their own renewable clean energy to do it. this is why most mining factories are using clean renewable energy, either solar, wind or hydro. bitcoin actually encourages green energy.
yeah its fucked. it has become his playball.
it’s the only reason i can think of that makes sense... why else would they not sell? additionally the only cryptos they would be able to pivot to that meet the criteria of using <1% of btc energy consumption—that both mainstream and readily on most exchanges (at least that i can think of off the top of my head)—are ripple (still suspended on most us exchanges), cardano, stellar, solana, and nano... am i missing anything here?
conducted by the university of cambridge easy to find on google.
tell that to doge coin .74 cent bag holders. i’ve made way more not following his market manipulation. lol just checked your comments. that’s you
ejaculate and evacuate kind of guy.
exactly. this is the reason he is hell bent on getting to mars. the moon is not far enough away from all his ex-wives and children.
it helps when they are on ivf like his ex wife was when they had kids. not sure if the kid with grimes was intentional but the ones with his ex definitely were.
i'm not a big elon fan, but the main problem in crypto is that there are way too many pussies in it. "oh no, he said this, let us sell everything", "oh great, he said that, let us buy everything". it's so volatile because of pussy energy.
he has been doing that with stocks already and they haven’t really been able to do anything about it.
fuck the regulations... let the swing traders swing trade. just keep dcaing and hodl if you believe in it
lmao. don't we all
he pumps while taking a dump
could land him in jail. seems like price manipulation to me.
my understanding is that carbon offsets do not really work that well. that idea often creates more harm, because people continue their business as usual, thinking... well, i'm carbon negative, even though it is total bullshit.
i’ve been building my bag looks like i have a little harder than ever before
love algo's tech and position. not sure if they will be a x100 or not. maybe in a very long position. could be and hope i'm wrong
i recently got in on algorand because it has 6% apy on coinbase. this makes me even happier.
i've been following algo for a while. good shout imo.
ay i've been holding a few hundred algo
doge uses less energy because there are significantly less people mining it. the more people that mine it the harder it gets to mine and the more energy it uses. just like bitcoin, you know the thing it copy pasted.
nope. dogecoin is dirty energy pow. could be ada algo sol xrp nano etc. edit: also, iota, one, eth 2.0 and more. edit edit: and xlm, eos, etc. etc. edit edit edit: trx by request ...someone threw in a safemoon. might as well add banano, fart bucks, cumrocket, purr-ency, etc.
my respect for elon would raise 1% if he actually went in on ada.
or he is waiting for eth 2.0, considering the mother of his offspring deals in nfts?
i also happened to buy a few more billion dollars of bitcoin at . ' lmao
i agree 100% and honestly i have no clue. but, these bastards would somehow find a way if they really want to. possibly just more exchange? i’m not sure
it’s pretty easy to stop crypto dead in its tracks tbh. you can ban fiat gateways, you can ban mining, governments can confiscate equipment over “environmental concerns”, close down exchanges, etc. while not outright banning bitcoin and other cryptos, i reckon it’s gonna impact access and price severely to the point only a niche few have access to it.
nothing is immune to regulation because anything that is threatens their authority. crypto (except for the privacy tokens) is easy to regulate because all transactions are on the public ledger, really cannot make it any easier for the authorities.
how do you figure? do you have access to an exchange that did not require your name and id? do you think exchanges are not required to report your holdings? the government does not have to regulate it, strictly speaking, but they can tax it out of practical use. but regulations are not a problem at all, either, as with any financial instrument.
who knows. it’s gotten really big and there is for sure a fed coin coming out. if that fed coin is run on the eth network that could be cool. until they make us put chips in our hands to use it. which at that point i sell and buy the dopest tree house ever and retire away from society
do you see what happens, vitalik ?!
where are the lambos, vitalik?
the bums will always lose
this is the problem with buying based on celebrity hype. if they have the power to make it pump, they have the power to make it dump. elon crashed the market with one tweet, there is something seriously wrong with that.
the doge sub is literally the opposite of what you just said. everyone in there has gone full r
not exactly, he donated most to indias covid (crypto)relief fund
we could make beautiful pump and dumps together
iirc he made a whole thread about uses for ethereum edit: struggling to find a decent source at first google, but this site has a transcription:
sounds like you want regulation
welcome to unregulated markets, friend. he who has the influence has all the power.
steve jobs died and people needed a new god
it does not matter because elon is just playing his game.
doge coin has a fraction of the traffic and a technically a fraction of the electricity. sneaky elon will absolutely do doge or i'll draw a pic of me sniffing my own butthole.
lite coin still way less than btc.
it's brand image my friend.
no, do not you see... this billionaire and their multi billion dollar companies are victims. you should feel bad for putting so much pressure on them.
as a former tesla employee. 100%. the company is a grind, and a lot of people joined because they believe in the transition from gas powered cars. btc is antithetical to the lifeblood of the company. i still own some stock, but would be pissed if i still worked there and they pumped btc
this is the truth, he has already professed he thinks this is a simulation and his life is one giant confirmation bias cluster fuck. he thinks we’re all just npcs in his fucking real life rpg video game. he’s a narcissist just like most other billionaires, and he def doesn’t give a fuck about his doge zealots. literally used them to give the middle finger to the sec since he can manipulate non-security currency like internet magic beans. i don’t really care either way but it’s funny how many normies thought elon was some sort of crypto jesus coming to deliver us to the garden of eden. the dude didn’t even know what bitcoin was like 18 months ago
some meme coin creators sent him 50% of coins so they could say “vitalik owns 50% of all [blank]coin!” normally vitalik has just ignored these and let them sit but he decided to sell off massive amounts of meme coins and donate the proceeds to gitcoin and charity
tbf elon did not either. when the community assigns a specific date to pump, you can almost guarantee whales will dump that day. 4. they scare a lot of the new money out so they can buy back in lower and repeat the process.
don’t think mods here would appreciate links, but it’s on the nanotrade sidebar
it is a work in progress, but it is mostly instant, feeless, and environmentally sustainable. does not require mining, all coins have been thistributed, most via captcha solving i believe, which also makes it more decentralised.
kraken has been for a while too, and they deserve a shout out for doing the legwork to keep the nano market open.
bitcoin maxis are not happy today, this is terrible press coverage for btc. i personally hope the days of affordable video cards come back soon lol.
the biggest suckers are the people that believe his statement. you’re telling me one of the biggest revolutionaries of electric cars didn’t know that bitcoin is one of the biggest contributions to excessive power consumption? people really do be drinking that papa musk koolaid still.
what stage is he at now? sounds like neglecting emotionally to me.
until we hit 51k 😔
then you have not been to the doge subreddits recently. cultish. elon is not a messiah, not sure why people treat him like one
you could easily argue the fact that he can have so much impact on the crypto market with a single tweet, merely shows how early we still are.
and if that wasnt enough to flip bitcoin... this summer, eth is going to experience the equivalent of three halvenings at once. when eip1559 happens, the total supply will decrease by around 5%. when the merge happens, issuance to miners will stop and miner sell pressure will decrease 98% and staking validators will not be able to withdraw their staking rewards for months until another hardfork allows withdrawals. combine that with everyone locking up eth in defi while theyre earning interest, thats a perfect storm of supply. there's no need to ever cash out of eth when you can just live off the staking fees.
anyone thats all in on bitcoin, rip.
isn’t proof of stake less secure than proof of work?
ten people per year? they only started accepting bitcoin months ago
the price is too high has my vote
when you transfer bitcoin to someone, it’s not instantaneous?
you can call me a conspiracy theorist, as well, then. as someone else said in this thread elon musk is going to be the reason crypto gets regulated. he cannot stop his bullshit.
thank you, reading it bit by bit (heheh) this morning.
now if they could just go a year without those exact features creating problems for them. i like nano and have held a long time, but feeless is barely feature when you look at the tiny fees most pos blockchains have.
aka e-jac and e-vac
this comment deserves moon. cracked me up lmao! 😂
he did it **with his own company's** stock and got a slap on the wrist and removal from the board. honestly the guy is a financial supervillain.
*john mcafee wants to know your location*
not true at all, the sec charged mcafee for pump and dumping shit coins (doge, verge, and another) and taking in a few million in 2018
the us gov basically is capitalists like musk though, in essence. it is funded by their interests, regulates the made up markets and stonks so as to make certain people richer and more powerful, and ensure there is a class, race, and gender hierarchy. i'm not saying musk has a hotline to the justice dept, but more like it would go against the interests of the capitalist state to properly regulate the actions of its billionaire class. so it is not super relevant whether they can regulate it, it is more a question of having any interest in doing so. i mean, this is the same gov that bombs other countries because imperialist expansion. it's not exactly respecting some sort of adherence to codified procedure.
it will absolutely be recognized as a security when the time is right, and that time is when an american cbdc appears. do you really think the us government will allow simpletons to use their own currency and billionaires to become the federal reserve? regulation needs no excuse, it just happens by those in control of the courts, police, military, etc.
it's probably doge ironically
all i see is elon furiously masturbating while taking a greasy dump.
it’s not a security. he can pump and dump crypto’s to his hearts content right now.
if they 100x they would hit doge's ath. definitely possible in next 4 years but i'm hoping to grab fiat past .
thank you. this sub is so fucking stupid it hurts to read.
sorry i’m a super noob but can you or someone explain why mining cryptocurrency uses coal or other energy types? like i’m legit confused. i thought this was a currency that “didn’t have something to represent it”?
eth 2.0 cant come soon enough
nothing will happen with xrp until the sec investigation is finished.
yea, definitely cardano (ada)
i'm going with ada
i never said it was the best option. only that it meets the criteria of elon's tweet
i do not think he is waiting for anything. but that does not mean he would not be interested in eth 2.0
realistically bitcoin is not amazing. it is revolutionary technology and a catalyst for change but bitcoin itself is not very functional.
"oh, i just realized i had this huge eco-friendly mining rig laying around. silly me, totally forgot about it. it's now powered up, tesla accepts btc again."
i think successful regulation represents a failure of the blockchain.
to elaborate its the same reason you cant get a lambo or buy a house without the government involved. they track all transactions. tesla will report your transaction and details and the irs will go after you for the taxes. when you spend things as a currency the government will take taxes. and the business that accept it have a responsbility to report transactions.
he gave the money to an indian donation
obviously you’re not a golfer.
it was not just that. the market also crashed because the stock market was crashing elon just added on.
funny how that works, is not it? everyone hates regulation until they are directly affected.
but it has the exact same problem as btc does and he knows that.
yeah. and the dev wallet is tiny, they forgot to make themselves not poor
niccccce. and noone ever would pay fees for it anyways. ![gif](emoteemo_pack_1dancing_wojak)
yeah same. pow coins are just straight up unnecessary with today's technology. typo*
he just got through the nurture dependence pumping btc and doge with his tweets so yea i agree we are solidly in neglecting emotionally now. inspiring hope comes when he tweets that they have come to a decision on what crypto's to accept next and then he will separate entirely in the next tweet when he announces that its no crypto.
5% drop. very small in comparison to previous years. shows how far along crypto is.
this. elon's fixing to shift significant assets into eth. and so am i.
can you eli5 this please? noob here
the three halvenings is not until the merge in october to january time frame. we have eip 1559 in july which is fee burning.
no, it is not. unfortunately
drop the load and hit the road
get in, get off, get out.
removal from the chairman position, not the board.
finally someone else who can see it. far too many people are sucking on this guys nuts. if you think elon is out to help you, you are the smoothest of smooth brains.
*john mcafee wants to eat your penis*
i thought his charges were about tax evasion?
the solution: do the same but in a different country where nobody gives a shit
"fate loves irony" said the man...
i'm thinking doge and ltc both.
isn't doge pow? that wouldn't make sense in this case.
he literally switched to crypto because he got in trouble pumping securities.
this mans going to get crypto regulated into the ground. it’s what’s going to trigger the bear market. calling it now
mcafee get charged by the sec for securities fraud in 2018 for pumping dogecoin, verge, and some other crypto. there is definitely precedent.
>past what do you mean "grab fiat past "?
computers are used to mine, so whatever energy source they are using to run is what is being referred to. google image search crypto mining farms...crazy amounts of power being used.
for real...if eth 2.0 was in full swing right now, the flippening would have happened today.
literally moved nearly my whole portfolio into staked eth 2.0 this morning on a whim. now i just gotta wait, and thank you impulsive decision making.
xlm, def a possibility...paypal vp recently mentioned xlm, algo, sol, and eth (probably with eth 2.0 in mind). [ companies will want fast, efficient, low trans fees
lumens has a solid case 👍
true enough, it is why eth has been stronger so far after all
they would not regulate the decentralized blockchains, they will regulate the centralized corporations scalping your money going in, and they will penalize individuals when they find evidence of tax evasion. these regulations already exist, they just are not well defined or vigorously enforced at the moment.
exactly. people just do not get this. crypto is all fun and games untill you remember its the king of all paper trails ...
this was probably the best use case for shiba
he gave billions to a couple different charities through the sale of a couple meme coins, iiuc.
yes, he also knew this when he made the huge btc payment
i'm assuming you meant unnecessary 😉
eip1559 is going to destroy a certain amount of eth every day - making it more scarce. when ethereum moves to proof-of-stake later this year (the merge), the amount of eth given to miners will decrease - miners. a lot of eth is being moved every day to the upcoming proof-of-stake chain - once its moved, you cant sell it until later next year. when ethereum moves to proof-of-stake later this year, it will use 99% less energy - elon happy. no one wants to sell their eth because they are earning money just holding it using defi tools.
oh wow, i had no idea. how long does it take? and why can’t’t they fix it?
wham, bam, thank you mam
unload your dick, then the vanish trick
i don’t think anyone thinks elon is trying to help people. people just like the eccentric billionaire who vibes on space and memes lol.
yes, and yes. the tax evasion indictment was [back in october 2020]( the fraud and money-laundering conspiracy indictement tied to pump and dump schemes was more recent, [from march 2021](
hmmm, hbar and iota seem most energy efficient...
doge is pow. for it to be less than 1% it has to be a pos coin: ada, xrp etc
man if it is litecoin am gold
they probably mean “cash out”.
the energy mix is, at the scale of the bitcoin network, kind of irrelevant. miner's energy mix does not change anything about the producer's energy mix. > if you are consuming a shitload of energy but it is entirely from clean renewable sources then what is the problem? generating power is always dirty and fraught with externalities. greenhouse gase emission are just massively more harmful, but that does not matter that we should just waste energy on the gw scale for nothing. > each kw used to power a tesla is as dirty as each kw used to power a mining rig. the former kwh powers a car though.
is eth 2.0 a separate coin? or an upgrade to their network
would you mind explaining the flippening?
is it worth buying more eth 1 before 2? i'm confused on how it all transitions over
eth 2.0 might not be as good as you suspect. it might be great hopfully it is. but thiers no shortage of other cryptos trying to compete with eth 2.0 and claim they have suppierior tech. so we'll see.
exactly, at worst they’ll make it illegal for banks to deal with crypto companies, just like banks weren’t allowed to deal with weed companies... making it almost impossible to convert your funds to your local currency.
he's a good man...and very thorough.
with proof of stake would you be able to stake less than 32 eth or is that just for validator nodes?
eli5 how i earn money while holding eth? using defi tools?
it takes anywhere from 10 minutes to days depending on network congestion. it’s not fixed by design. bitcoin chooses security over everything. the block size is set in stone which limits the amount of transactions per second to 7
i've had transactions take 15 minutes, and i've had transactions take 4 days. it depends on network congestion and the priority given to your transaction, which is based on how much you're willing to pay on fees.
squish the poon, off to the moon
this thread is too good
shoot the goo and toodleoo
worm, squirm, here’s some sperm
some folks legit think he’s for the people, that’s how he became “daddy elon” lol
ada, xrp , or dot if elon is smart. for long term coins.
it’s fancy man talk for take profit
upgrade, eth owner won’t have to do anything
upgrade to the network...an overhaul, really.
eth market cap > btc market cap
since its creation, btc has been by market cap. the flippening refers to another coin taking the spot from btc. it's usually used with respect to eth, but you'll see holders of other coins, namely bch, use it too.
you won’t have to do anything. if you want to invest in ethereum, go ahead and buy eth whenever you’d like, and the transition to 2.0 won’t matter for your holdings.
maybe. it's very confusing. here are some details.
a number of retailers have already started accepting crypto directly, though. if i can just convert my holdings to whatever musk decides to accept next and then buy a tesla directly with my crypto, then i do not even need fiat in the picture! wait, does that make elon musk the sleazy auto salesman accepting the brief case of dirty money from the cartel?
you guys brought a marmot?
you can use a service like rocketpool to stake less than 32 eth. you can already stake whatever amount you want on exchanges like gemini, kraken, or coinbase. however, if you stake through an exchange, you prob wont be able to withdraw til sometime next year.
tooth it and booth it
im learning so much
for some reason he loves doge, and just found it has about 1, but about 12x the consumption of xrp
noob here checking in. ~~will all eth automatically use?~~ immediate edit: i read further down the thread and found out eth owners won’t have to do anything.
bch has not had a chance against btc since like a month after it forked.
if banks are banned from dealing with crypto companies though that number of retailers will plummet
we care about nussing. we'll cut off your johnson.
which is fine by me, removes the temptation to panic sell.
really big noob here, what happens if you don’t move the eth for the proof of stake thing and leave it on the exchange? since the amount im going to put in is really low. or is it just a wise decision regardless of the amount and just move it?
dick her down then get out of town
tap that ass and go to mars
fill it, skip it.
pump the ho's and pump the doge
bch sub is hilarious, most crypto specific subs are but injust find that one the most entertaining when i want to read delusional ideations.
obviously none of you are golfers.
coinbase takes 25% though. other pools obviously take some as well but, i believe it is less.
can we get a post from the daughter now
reference to this post for the ones who do not get it
lmao we have reached meta levels of shitposting. i love it. edit: [for context](
dude was quicker with this than a nano transaction
i love how the original op was flabbergasted that his girls dad didn’t want to talk to her new boyfriend about crypto. also who the fuck wants to talk about crypto to an unreceptive audience the first time they meet them? 😂
hahaha i understood this reference
was this the first time you all met? and would you say he gave an "impassioned speech"?
amazing. this is the type of opportunistic moon farming that i can get behind
dark times ahead of you, stay strong. and remember you can always create your own crypto and make the guy swallow it then rug pull him and give the money to your daughter.
this is a moon farming post i can get behind! well done op! 😂
get your daughter to get his seed. just make sure its the right one.
woah! - this blew up beyond expectations, i'm happy to see that we still like to have a good giggle around here - absolute mad lads! much love <3
i wonder what the daughter is thinking now... this could be the first crypto soap opera :d
nice call to that other post, and funnier, might be a good way to see how it went.
“uh, dad. you’re always embarrassing me in front of your reddit friends”
this is the kind of post that deserves all the moons.
this post is the reason why i love reddit 🤣🤣
yeah, this is an all-time comedy post.
this is probably the best response post i've seen on the subreddit. as soon as i saw the title i knew i was in for a treat.
keep venting like this. nice venting.
you guys are damn quick, for real.
now someone's going to create a story from the daughter's perspective
this gave me a good chuckle before bed time
so glad someone roasted him. hell yeah.
i love you for this poast
imagine getting rejected by the father because of crypto
while i was reading other post, i know that was coming :)
m e t a
that post was pretty ridiculous. as if crypto is special in teaching people about finances or geopolitics, literally any investment vehicle you go with will teach you those things. also, defi is definitely a risky venture, all of crypto is, not even from just a "banking point of view".
sounds like you are a bitch ass paper hands
oh my! it'd be very hard to listen all that bs.
hahha, i see what you did there.
awesome posts funny af 🤣
hahaha i've literally seen only two posts today and they happen to be two parts of the same story. amazing work!
omg this lined up with the other post just perfect
you two should talk
oh boy this post is top 10 all the time. good job
what if safemoon does go to the moon he won’t look so crazy after all
you need to ground your daughter.
10000's of other shitcoins to hate on yet this sub chooses safemoon. makes me bullish when maximalists form cults to try and silence the elephant in the room. love it 💰
i mean he cold of said doge will be the next reserve currency and that elon has done great things for crypto. i think your lucky if he is only into safemoon.
lmao the lore is being established
man you saw an opportunity and shitposted the hell out of it. massive respect.
this shitpost clapback genuinely made me laugh. thanks!
mad kudos, this is hilarious lol
this is some quality shitposting if i have ever seen one. good job op 👏
comedy gold. side not, not a great move on the original guys part.
golden era of shitposting
insert captain america “i understood that reference” gif.
can we get the daughter’s perspective in please. obvious bias from both parties thus far
shitchain post you need moons to pay the gas
this post cured my cancer. thank you op
this is weird. your daughters boyfriend posted earlier. he is an idiot if he thinks safemoon will be the next bitcoin. that’s a scam coin
he’s invested into safemoon. you’ll be happy to have as a step son soon enough. lol
is he just naive or do you think he is a pos. if he is no good, have someone scare him off. if he is alright just young and dumb, but your daughter is really i to him, maybe teach him something. its either one or the other.
probably the best thing i’ve seen this week. love this sub
my boyfriend is a wojak. my boyfriend is constantly checking his phone, talking about buying lambos but is still inviting me to mcdonald's. a friend of mine who's into crypto told me he is likely something called a wojak or a doomer. i do not get much what's going on but i want to try to save our relationship. i decided to bring him to his senses by letting him meet my father who's into real finance. things did not go so well between them. we're in a worse place now and i can not stand his mood swings anymore. is there anything else i can do? any help would be greatly appreciated. (reposting here as i do not meet requirements for posting)
hahaha, i read the other post. absolutely hilarious
found the bf's car in another sub. this might not be pretty...
that post should be stickied, gonna live in infamy forever
guy, you need to be a billionaire!
this level of shitposting is something... i love it.
id just express my concerns without sounding controlling and just put that idea in her head that he’s an idiot and when he doesn’t dumb shit she’ll remember what you said. she’ll outgrown him.
any person posting on this sub is a cringe degenerate
you fucker, i love this sub 😂😂🤣🤣 this is even funnier knowing a few million people in this sub probably do not get the joke.
by the way, ponzi schemes are fucking awesome if you get into them early and bail.
i know a guy
fuck man, i saw your daughter's bf's post yesterday lol. ❤️❤️
lmfao!!!!! this wins the internet for the week!! i read the original post about an hour ago. this is so great!
op legit made like edit. 5k-8k?
this is so fucking good
i’m her boyfriend, completely trolled dad. holding 10k dogecoin.
this is the best thing ever
sounds like a real straight shooter. lots of wisdom and would make an excellent father to her baby. tell this to your daughter...
didn’t we hear the boyfriends story here yesterday? hahahaha this is hilarious.
your son in law is a fucking genius. and clearly kind hearted. don't be a douche-dad
have you ever though maybe not spoiling your daughter lol. the title bank executive screams….give my daughter everything lol. a ghetto dude like me would have her at mcdonald’s asap
parody reply. well done👽
i feel like this was made up by two reddit accounts that are legitimate friends and are scheming the best way to farm moons and this is what they came up with. talk shit about a shit coin, the most hated one out there. make one of them for the a banks and one of them for the crypto. make the idiot invested in something literally everyone in this sub hates. boom success shitpost.
i can confirm this story, i am the daughter's handbag.
op whenever he sees the boyfriend ![gif](emoteemo_pack_1nooo) ![gif](giphyji6zzuzwniuls)
have you tried the “he’s awesome” instead of hating him? invite him everywhere, start to talk like him, let your daughter know you ain’t no bitch ass old man … i think you get my point. good luck. or, you can hire someone to scare the shit out of him
this is too meta.
cocaine? safemoon? sounds like a person working in pr. gainz gainz gainz wassa wassa!
coming from the other thread... this was the funniest thing ive read in a while, burst out laughing. thanks a lot you crazy redditors.
and people were voting to restrict the amount of moons handed out to daily...
the next level of shitposting. im just waiting for the daughters story now.
thanks op great post had a good laugh, seen the other one too
when life gives you douche you make douchemonade
a recurring post must be made out of it.
wait…i read the other post about how the boyfriend fricked up because he rambled about crypto to his girlfriend’s dad on first meetup. …meta! i love it!
oooooww shitt dude! that is scary! have you tried to have a convo with you daughter to say what are the main reasons why she is dating this moron in the first place? what does she find him? coz no offence but with that thinking, this is gonna be a loss and you are gonna be the one picking up broken pieces! in french you say " ramassé les pot cassé '! maybe you should tryna have someone else you trust to have a talk with her maybe coming from someone else than family would be more positively impactful on her and she will be more understanding...good luck with this situation tough i wish you all the best!
he's probably trying to knock the bottom out of that thing too.
this is the first time i've seen someone go over the karma threshold in one go. well deserved, good shitpost.
this guy just maxed the number of moon in one post. good job
may be the wrong place for this but i'm amazed by the amount of young men who go on about cryptocurrency. i recently found myself single for the first time since my teens (now early 30s) and started using a popular dating app. so many of the guys i've talked to have dealings with cryptocurrency and i've even had to tell some guys that i was no longer interested in pursuing anything with them because it was all they talked about. literally conversations would be like: me: how has your day been? them: not bad just been looking at (something to do with crypto) me: oh ok, got any plans this evening then: nah just going to do some more investing. you really should start looking it up. i could teach you. me: no thanks. it's really not my thing and i'm not in a position to be doing anything like that. them (like 2 hours later): sorry i got thistracted looking at the fluctuations in crypto. you do not have to invest much, i can show you how. and on and on. with some guys this became a daily conversation and i got bored of having it pushed on me constantly. despite repeatedly saying i'm not interested they still go on and on about it.
i love book marked this post specifically to come back and award you with my next free award! this post made my week!!!
does she understand how to use contraception?
what a shitpost. a+ larping op
can’t stop laughing. you troll legend
are you the same dad who is referring to in this post
still better than the fiat at your bank, bruh :)
please god we need a post from the daughter now lol
sorry i thisappointed you.
i see a solid comedy sketch coming out of this.
what the fuck hahahahha safemoon...
this is why i hope i get a son.
caught in the act trying to be both the ‘son in law’ and the ‘father in law’ in 2 separate posts. try better. dont have anything better to do?
poor guy, tell him he should better invest in ada. then if he does, you let him marry your daughter.
safemoon to , i've used the in wallet calculator and it told market cap is irrelevant!
epic fail. you're supposed to answer the door with a shotgun. bonus points if you also have will smith.
well thanks for the fake story.
ever watched married with children? take some pointers on how al bundy would deal with a situation like this. hint: it generally involves a human face, door frame, and a sudden impact.
safemoon slowly dry out all the money from every single person who invested.
safecmoon is shit 😂😂 that is the real joke here
so your a banking executive who by looking at both parts of the story does not invest in cryptocurrencys or like them but your on a internet forum for crypto making posts? im confused or this was just made up storytelling to farm moons. 😕
ahh yes. 7k in karma in 3 months. this is what we call a moon whore.
i guess shit posting is the new meta for quick and easy moons
oh yes this is the content i came for
but have you met your wife’s boyfriend?
this is the kind of overly convoluted time wasting humor that i can never explain to anyone else that i came here for. well done.
saw the phrase “finance and geopolitics”, spidey sense immediately started tingling
i'm ready for "my boyfriend is a crypto chad and my dad is a paper handed bitch"
this was hilarious 😂
lmao man that has to hurt your ears. ive worked for various big banks and i can’t stand hearing about all the schemes people try to get me to invest in. to know your daughter dates one must suck but hey, what can you do. btw people in ponzi schemes love to say something is pretty much impossible to fail, to that i respond “then why haven’t you invested every cent you have into it”… i’m sure you get a good reaction to that comment. plus if people really had guaranteed ways to get money, they would be rich and definitely wouldn’t share it, let alone for free.
nicely coordinated moon farming?
hilarious! a banker worried that his spoiled daughter will be scammed by someone even greedier than he is! good luck with that!
another made up story to farm moons.
maybe you shouldn’t have had a kid with your sister
to be fair, daughters always date douchebags until they wake up in their late 20’s. that’s when nice guys who have been working on their careers swoop in and put a ring on it.
"bitch-ass paperhands" - can i use that? lol
two words. wood chipper
tell her to keep dca untill she meet the right target :)
yeah my younger cousin said he bought safemoon and i said “isn’t that the scam coin?”.
idiot should be investing in cumrocket
lmfaooo cocaine talk, tell him not pull out
i almost fell for this, nice shit post 👍
i understood that reference
life is a ponzi scheme
i think it is time to get that 2 barrel shotgun from the basement man :d
now this is the kind of shit post that deserves moons
hahaha this was an excellent work using 2 different post, you made me laugh way more than i should have.
oh man oh man... well played.
quality shitpost here :d
that douche bag's name? albert einstein
this is so meta i love it
hahaahha, most hilarious post on this sub :dd
i see what you did there
this is fucking pure moonfarming gold and i approve this message.
well done. quality shitpost sir.
wow, have an award
im too much on reddit but thanks for the laugh !
he literally could’ve said any other coin and been alright. smh
its life lessons. they might end up well off through other means or she dumps him and finds another guy and years later you laugh at this moment. its not your story, its hers, and there will be downs and ups
in the good ole days dads just came out with their shotguns all casual like… no bfs dared talk about crypto then!
lmao i was just reading that post.
this made my day ![gif](giphyzssm8vuoeoitga3f94)
this was great 🤣🤣 sorry if its true though
;d lmao. as someone who just responded to the other post: "never talk about "giving poor communities a fighting chance" or use words like "revolutionary" or "geopolitics". it's too grandiose and comes across as a hippy that is too militant." also, he probably cannot afford cocaine...
lmaaao, me too saw the other post. legend
dude, that guy is a fool and on drugs, keep your daughger away from him
two posts earns twice the moons, nice one.
hahahaaa omg. that is fucking terrifying. sorry, man…
just waiting for the daughter post now...
sounds like he needs you to take him under his wing. if hes around a lot why not teach him something. thats if hes around.
don't delete this post my guy deserves his moons
waiting for a meta post where someone is the daughter
we need another post with third person perspective
ha cos the other guy said the thing!
aaaand watch this banger get no upvotes...
is your daughter hot... does she go down like "kill doge" in a bull market? i do not own any safemoon... my portfolio is high as her boyfriend... tell her to hit me up.😀😀😀😀
quality shit posting lol, here's an up vote
just setup your daughters boyfriend for a boating accident.
i confess. i am a bitch azz paperhandz 😭
*chuckles* this is an awesome shitpost!
great time to take dope ---- friday afternoon and be high all weekend... please promise us not to take your dope sunday afternoon and you will be high all weekday or you may get fired and then your daughter wont get this douche-bag.
top quality shitpost, i love this shit
bahhh i’m a dad so i get it but as an outsider it seems like she’s trying to “impress” you in sort. dude rambles on about finance, you probably ramble on about finance, she probably doesn’t care about it at all. unless the guys a grown ass full adult, maybe it’s good he learns a lesson or two about investing the hard way
this is the post i needed to read 🤣
it's not reposting, it is ***decentralized posting***! now gimme yer fucking moons.
this sub man. i just cannot.
he probably has herpes
how do i get through to these kiiidz
the best part of this was reading this post in full but only the title of the other, it is all i needed queue: *"my dad and boyfriend are idiots but who do i choose aita???"*
tell her to stop dating douchebags or her future will be thiscussed in ' edit: the sub was set to private. the summary is: they thiscuss all the women who date the wrong men and then wind up older and alone, usually with several kids along the way, and asking "where are all the good men?" formats of posts are screenshots of online dating ads of women who made these mistakes.
im sure he frequents wsb then
hahaha still made me laugh
we need an r
a good quality comedy post, never thought i’d see one. thanks for the laugh op
this was gold. i love a good back and forth.
we almost heard side of this story except the gf, hope she gets her voice heard aswell
if this wouldn’t be exactly what happened on wsb earlier, it would be somewhat funny.
gee what a douchebag
*we have come full circle. pack it up boys!*
you are the king of shitposting
this is the hardest i have laughed out loud in a minute
take it from an expert, the ladies love losers.
there is no way the world is this small if this post is related to the early one. these post have to be fake right? rightttt???? cant wait for the daughters side xd now
i wonder how long it’ll be before someone write a shit post from the daughters perspective
best response post ever made on r
i'm just waiting for part 3
saw the other post, is this real?
op has earned his moons. may the upvotes be forever in your favour.
a banking executive calling a crypto holder a douchebag….that’s funny indeed.
wait that was the first time you met? you probably would've been better off telling him she had an std.
dude i'll bang your daughter (just in the mouth and butt to preserve her maidenhood) and promise to only invest in top 20 coins. no shitcoins for your dirty little princess.
tit for tat, goodie.
well played, tc! had a good laugh at this
what happens if safemoon suddenly decides to reach a few pennies? if he is holding more than 100mil worth he will be laughing to the bank executive
hahahah sometimes we just need some shitposting on here. love it
this is beyond shit posting. thanks for the lols
it is even funnier now.
the comedy is back tg
this is such a good shitpost i see it being copied for the next month
this is awesome hahaha
alright. i nominate you for the best shitpost of this month! hey mods. can we get a top shitpost of the month flair yet? u
you're smallin' me killsm smallin' me!
play a game with him and tell him about 100x leverage. after that your daughter will leave him with his debts!
lmao your a savage.
never let your daughter date somebody who seems like they might be on this sub.
this is so good!
the shitpost i live for ❤️
you are good at this game. well done! :)
god tier shitpost right there. 👍
epic shit post here. lol. well done op.
does he at least give you or your daughter free cocaine?
how hot is your daughter... i’m a problem solver i could prob fix the issue in a single date.
this douche-bag could be me )=
ha haaaaaaa most hilarious post in ages goes to ...
took me till the bank executive part to get the joke lol well played sir. i laughed pretty hard tbh.
you sir are brilliant
by “moon” does he mean staying at your house forever?
douche bag did not invest in doge pfft
you deserve every moon you get for this next month sir
had a good laugh thank you for that
that's quality post right here congrats hahaha
is this her dad?! “my dad got into an argument with my boyfriend about crypto. i think my dad hates my taste in men now because he is a banker, and my boyfriend had a little bit too much to drink and started rambling on about some "flippening" and how traditional finance is completely useless, while safemoon is going to revolutionize everything. i'm not sure what to do. i really like the guy, but my father thinks he has a screw loose now, and almost all of our savings have been lost in this whole safemoon fiasco. he says his doge investment is sure to bring us our money back, but i'm not so sure it will. any advice?”
speaking of schemes, what are people’s thoughts on clucoin? feels like a garbage coin and a scam, but like john snow, i know nothing.
threaten to cut her out of your will and lambos until that safedouche-bag is gone lol
this is the sort of meta i can appreciate in this sub
count yourself lucky. at least he did not give you the whole "crypto will free us from banks" speech. (yes i get the reference)
"the leading community for ~~cryptocurrency news, thiscussion, and analysis~~ shitposting to get free crypto."
this post assumes a bunch of cynical stuff about the oop (oroginam original poster) haha. you just assume it is safemoon or some altcoins with no technicals but what if it is cardano or zilliqa or others that have strong technical teams? what if focusing on cryptocurrencies because of the fun environment made him research and understand that the current financial system "sucks" for the lack of a better word and he learned that there was a better alternative? both sides are assuming stuff but my guess is that the dad is a pompous banker ass, go to any bank and you'll find them, i used to be one and there is no supply issue there. peace, love, cannabis, psychedelics and cryptos to all!
if i could run a credit check on every person my daughters (i have 5!) dated i would.
invest in jpm coin
this is fcking gold...i mean btc
i hodl ethereum, can i date your daughter instead?
take your fucking moons and get outa here.
bro, you have to let people make these mistakes. what you dont want is to give advice and have your advice backfire.
i completely understand the statement
how long was it before he started talking about crypto?
i can date your daughter instead if you’d like?
xd i lol’d irl
meanwhile the daughter: **wtf is wrong with these 2 immature assholes?**
lmaoo, this should turn into a soap opera. great post op
fuckin lol op. even if i thisagree that it isnt a good conversation subject, this shit is funny as heck
no boy will ever be good enough for my daughter and my daughter also picked one that is not even close to my standards but what do you do...
tell him to put on a tie and get a real job. and stop slouching.
so your daughter...is she single?
ahahahah top tier reference
buy a 12 gauge
i do not have awards but i'm sending you the award for "best friday post". <3
i think its time for a new daughter.
probably new to the entire thing. he's most likely young and cocky also, experience is a bitch to gain, you do not get experience by hitting home runs every time. he'll learn, if he does not then start to worry.
funniest "reply" i've seen in a while, great job sir, err maam
sounds like a dick, she needs a man with really shitty coins
i fucking love these posts.
jeez never imagined posts like this to become a moon farming tactic
knew what this was going to be from the title, still made me laugh. well done.
the two posts combined are actually funny!
this subreddit really took a nosedive...
that post was such full of shit lol. but this is funny
well done sir. this sub is getting more entertaining than hbo
your daughter will figure it out soon enough. we all had our share of mistakes before learning, whether it was in relationships, life or crypto’s
now this is the kind of content i come here for
you should try nano, it is fast a feeless
alright, lmao. i mean you meet the guy's who is fucking your daughter, then you also learn he is into cumcoin and deez nuts coin as a real investment. shitposting crossovers at its best.
30 dollars? atleast shes dating a high roller
im not buying this story, im argueing that this is a scheme for moons
this is a problem only time will solve...set a calendar invite for a few years in the future to shoot him a message asking how many lambos he is bought. someone i know used to always go on about how he would be driving a ferrari on the autobahn with his brazilian model wife in 5 years because of his "awesome" investments. 5 years later...living in his mom's house lol.
no bitch-ass paper hands… fantastic stuff.
farming dem moons eh
not cocaine, he was high on eth
elon musk or jack dorsey?
pretty sure he’s wrong, shib is the next bitcoun
as if bank executives know anything about finance. they got the job through nepotism, kept the job because they were willing to look the other way on corruption, and made money via hedgefunds that stole from his banks customers. the reason he does not like crypto is because he barely understands traditional banking, but read on motley fool while drunk at 1pm on a tuesday that bitcoin bad.
it is good to vent! sometimes it feels a little bit stressful because you want the best for your daughter. i'm no parent, but i can understand your frustration and we are here to be understanding. edit 1: i just noticed it got flaired as a "comedy". now i'm unsure if it is real or just shit and giggles lol
lmao this is fucking hilarious
hahah all aboard the party train!!
this might be the epitome of shitposting.
i’ll date your daughter i only buy eth and btc. also you don’t have to worry about us hooking up because i will be staring at charts and playing video games all day. seems like a win-win to me.
buy your daughter some crypto
i understand you ahahah but do not get angry, educate this guy, and educate your daughter not about men, but about men who dream with financial freedom, not with lambos and safemoons
this belongs in r
lmao!!! i've been totslly, totally trolled here. but very entertaining, lmao!!
fuck that dude. but also, we should have a rule for the sub that states no bank executives aloud. edit: i just saw what this was a reference too and lol. 10. still stand by the rule change tho
just exclusively call him shitcoin whenever you reference him.
ma am , i hodl dogecoin to the moooooon 🚀🚀🚀☘️☘️☘️🐶🐶🐶🤣
safemoon is a great investment.
this is fucking gold
this man stole your daughter and soon he will steal your career oof
the real twist is the parents are running an illegal tether exchange out of the garage.
dad stop your embarrassing me… i love him and his diamond hands 💎💎
jesus christ this sub is amazing
its the same person posting...
understandably this is satire, but you sadly described many individuals i personally know to a t.
looks like we have fake people spamming reddit now , does not sound believable that both of these guys have reddit accounts .
you deserve this wholesome award from you. nice one! 😝
yes. holy fuck. what a legendary man you are.
unfortunately women love douche bags.
i bet after this post you would not be worried about her future any more!
well, you did say that he is dating your daughter, so i presume he is your daughter's age. try to remember back to when you were her age. i have no clue how old she is, but if she is around 18 - 25 years old, i can related to being a moron during that time in my life. sadly, you'll have to let him get burned by safemoon and see if he learns anything from it.
fucking legend. this guy fucks.
this is one of the best posts on reddit, ever. well done.
op this is a perfect shit post, i was just reading that crazy post.
now this is top quality shitposting lol
if only he would have shown her dad what his diamond hands feel like on his dad-stubbly cheeks...
moon whore! nice post tho hahah
would’ve been great if he added “i would’ve felt much better if he mentioned he had an std instead of a shitcoin portfolio”
meta posting at its finest.
the fact that this is a purely meta post but is one of the best posts of the last days is so funny to me ahah
dude that douche-bag has some std in it. stay safe.
i’m bullish on your daughter hodling this guy
i needed this post. i’m glad i’m not the only one who read that post as “i have failed at everything my whole life and got lucky on crypto. now i had to tell this grown man who has succeeded at education, work, and raising a family that he knows nothing about the world. between q and crypto, i know i’m on the right path. sorry needed to vent.”
get her tubes tied.
give him a big dose of lsd at the next family dinner. that’ll straighten him out
thank god this exists
you sound like a banker bro...
some self awareness from this sub makes me rethink being a crypto hater. the original poster is more or less the poster child for people like me who think this whole thing is a big scam. best of luck to ya’ll though, better you than wall street i guess.
whatever happens, gf gonna have to pick a side
hi this is the girlfriend, i brought him over to piss off my dad.
what if they had kids?
dude hilarious , somebody get this guy a publisher!
we know you r 13 y.o.
pretty toxic behavior from yourself... not gunna lie.
live long enough to become a boomer
haha if it happened to me irl that boy’s life would be in danger
i think this just sorta happens, it’s like a phase
just think if they get married, someday he’ll be spending whatever you leave to your daughter on shitcoin
could actually be worse
your daughter is currently pregnant with that idiots kid 🤣
pay someone to beat him up or do it yourself
may the lord have mercy on thy
tell him if it even goes to a penny. the market cap will be more money than is available on earth.
i was waiting for this post. thanks, op!
oh haha i see what ya did there
it's 4:10 am and i cannot sleep 😟
this is why i love reddit. yall are ridiculous
thia was hilarious 😂😂
when did cryptocurrency reddit turn into wwe?
“but it says it will go to the moon!” “safely!”
this made my day. here’s some moon.
“my daughter is dating a shit coin. 😑” alexa: play, “curb your enthusiasm” theme song.
we've entered the super meta phase of a massive subreddit.
just show her the actual price drop and she will pull out his dig by herself.
nice pov flip for the story! lol!
at least he told you this before getting her pregnant. i imagine you don’t want a smooth brain grandchild
the other guy didn’t mention he was shilling safemoon. that’s a whole different story. it’s safe and is going to the moon. the dad is the fool in this scenario
i cannot wait until someone turns this into a movie 🍿
if he is investing in safemoon he better also be invested into safesex. don't need him reproducing.
and your bank dollars are down 5% for the month so ⚖️
🤣 geeze. i couldn’t help but laugh at the boyfriend rambling about lambos, mooning and not being a b ass paper hand. those are all comment section themes. although i don’t believe crypto is a ponzi, i do believe safemoon and many alt coins of the sorts are scams. you can’t just throw money into them. there is a lot of learning, buying. you also need a considerable amount of money to start. i started with 50k two years ago and immediately lost 30k. fast forward to the present i am up 200k from my initial start at 50k. but it takes a passion and skill to willingly learn the fundamentals of crypto. i dedicate 10-12 hours a day to it so it has consumed my life and is my job. he sounds uneducated and young. he sounds like the type of person that follows the herd and when a good amount of money moves safemoon up, i’m the type of person that goes to my safemoon account and immediately sells and waits for the price to lower before i buy back in. he is an idiot. steer your daughter away from him. and let him know that the “whales” (investors with large capital) love people like him. he is the one that finds out accounts :). sincerely, whale
this is a moon's ponzi
you have merit to complain. if your a bank exec can’t you just send him to belize? jk 😉
and why is this relevant to crypto currency?
the cocaine induced speech about safemoon was it for me. bravo!
well played. well played. just finished reading the other post. lol
bahahaha. great laugh. points for creativity lmao, i should do the daughter's perspective
pssht, sounds like something a bitch ass paper hands might say
haha your joking right. genz. very clever way to get a shout out to safe moon hahahahahahahahahahaha the link the shits funny.
love and support. she will see the light herself if you let her. be patient 🤙
this sounds like a joke. i have a hard time believing you're serious. however if it is true... you should quit your bank job... move to the philippines... and make your living by selling seashells to tourists. you have nothing to lose.
looking forward to the daughter post next: "my dad and my boyfriend meet for the first time today and got into an argument over crypto. little do they know that i'm about to rob my dad's bank and then steal all of my boyfriend's safemoons so me and my secret boyfriend, jimminy billy bob, can run away to mexico."
i'll break his kneecaps for you if you hook me up with a job.
you should listen him... maybe...
a 1000 years later safemoon : burnt 999t tokens price goes up to dad: i should have listened(now i'm a douche-bag)
can we request the father and daughter's boyfriend do a joint ask me anything?
you are very good.
maaan youre taking moon farming to a whole... nubba...lebble!
imagine being op from original post. you made yourself look and feel like a complete fool, doubled down on it, expressed pride in doubling down, came to your echo chamber to pick yourself back up and put your insecurities to rest, and you become a copy pasta of ridicule.
it is out of your hands mate.
is it hard to type what with the bitch-ass-paper-hands ?
this is awesome especially since i just read the other post earlier today.
safemoon...endorsed by a paper handed bitch. you all know the one. if you listen to anything that guy says, including pizza and chicken sandwiches, then you deserve to lose money.
hahaha this is high quality shtitposting right here! the saga continues...
nice we here from papa the banker!
paper hands all over here body. f in the chat for op yall
this subs shitposts have gone through the roof. bullish on crypto
this is quality. thanks.
just throw the whole daughter away
lol made my day creative af
i think we need to hear from the daughter now
that guy is a weirdo lol
i can accept shitposting if its this
now that is shitpost at its finest!
please contact john w rich (fake tech executive) for more information.
lmfao this is great
you had me at "lamborghini with my ... "
hahaha that was quick comeback.
sorry for your loss
i blame the parents
so she is dating the younger version of you?
bitboy is such a tool.
i told 2 good friends of mine they were dumb for investing in btc 10 years ago. i didn’t learn my lesson and told them again they were dumb for investing in doge at .0035. the moral of the story, don’t pretend you know which cryptos will succeed or fail. i invest in 10 different ones right now and even though i have the least invested in safemoon, i’m not ready to call it a scam yet. it has red flags for sure but which ones starting out didn’t? we shall see. i think it’s great that he is even talking about investing. just try to encourage him to spread his investments into other more reliable cryptos as well and he’ll be fine. he might even make your daughter rich one day with a dumb investment.
first shitpost that deserves the moons lmao.
i have a great opportunity for him called safedoge. can i have your daughter's number?
this guy ain’t no op he’s an og!!💯💯
this has got to be copypasta
that's cool and all but what if i'm the douche-bag?
i also chose this guys daughter.
god i love this sub 🤣
op is a comedian and i love him for it. 10
fkn safe moon lmaoooo
this is a hilarious skit! bravo! now hodl btc 4ever!
no ragrets! not even one single letter
i think you’re on the wrong subreddit sir
haha, nice trolling for moons!
he probably giving her a pearl necklace right now
so you are the dad i need to talk to. hello, i am a nigerian prince and i would like to talk to you about a business opportunity.
the balls on that kid to come in and talk like that
i love waking up to a quality shitpost
i'm a bank executive, yeah so?
had a similar talk and suspicions while talking to my little brother about doge.
and the moon farmer of the year goes to ...
lmao, i’ma start doing this with those story posts
lmao what the fuck
you said she is dating, not marring him so you have nothing to worry about 👍
hahahahaha!!!!! fucking awesome post. thanks for the giggles mate.
daughter gonna be dating a douche-bag in a lambo one day
bank executive? i hope you’re saving your crypto, because your job won’t exists in 5 years and your saved fiat will be worthless
tokenomics is something government's are jealous of. the only one truly worth a shit is poocoin.
he should not behave like that, tell your girl to leave him and hold on to strongnode
dude spends time on r.
well done op... this has the makings of the top rated soap opera of any network tv station!!
this is reddit gold
is this sub just a big joke?
lmao well done, op.
my owner and his guests keep yammering about financial stuff that i do not understand; i do not know what the hell is going on, i'm just a dog. while everyone is acting a fool, i am out of milkbones and my water thish could use some attention. honestly, i'm pissed. *this sucks.* \-rolf
omg! this totally made me laugh. day made. thank you!!
look. if you want to do her a favor, make sure she can’t get any money from you. once this guy realizes he can’t fall back on your money, he will leave (probably). at the very least, you can mitigate her losses. just know that any cash you give her, she will end up handing it over to the guy because he gambled it away (and probably he will a. go to prison for not being able to pay them back, if they are payday loan facilities or b. he will end up with some broken arms if he doesn’t pay it back). i was in the position of your daughter, except i had three kids and a dumbass who held all the cards. the best thing i ever did, but i regret it now, was making sure i didn’t have access to some land that someone wanted to give me. i knew if my so knew i had it, he would gamble it all away. as it was, he gambled the inheritance that my kids were left when their grandmother died. i can never forgive him, i can never forget. i’ll be furious until i die, i think.
these moments are what makes this sub great lol
i’m loving that today’s sub has turned into an episode of bold and the beautiful.
no wonder you're from western culture.
best series ever ... ,❤️
oh god i love this sub lol
this is the quality content i'm here for.
do the daughter version please. i would love to hear her story
safemoon is not a ponzi although it does seem like they thished out too many coins to their buddies that keep cashing out. have you seen the new safemoon wallet app?
is this lisa rinna?
much needed lol today. thank you, op!
lmao congrats for not smacking the thug talk right out of him. "bitch-ass paperhands" lmfao. there is a movie for you if you have not seen it called "were the millers". the daughter in the movie has this bf that sounds identical to your daughters bf. he had the best tattoo ever. it said everything about him one needed to know: [
😂😂😂 you made my fucking week.
i've been reading about this safemoon, what makes it more of a ponzi than any other token?
lol. i saw that listing yesterday. nice come back, op! bitch-ass paperhands had me in stitches.
this is hilarious definitely cocaine fuled
well there is the problem right there! your a banking executive. you know? the worlds official parasite institution. she is probably struggling with how evil you are, by going to the exteem oposite of who and what you are. sooo, he is probably a hippie. lol!
this's the best! now i know what old rich guys expect in a son-in-law. chin up op. he he's bound to b a douche.
yo that shit is very funny 😀
i see the other post now well done sir
btw, which ones you have bought for yourself or your daughter, dear bank executive dad?
you should buy safemoon, then she’ll probably dump him.
she will come around. she is learning. she is young. give her the space to fail and be there when she needs to be picked up.
*insert spider-man pointing at himself*
this better be real lol
oh man, this is a quality shitpost. 10
use your btc to hire a hit on him
hopefully he does not fuck
amazing job. read the other post earlier today. got a good laugh out of this. pure gold.
crypto is only worth what someone is willing to pay for it
it's as worthless as all the cryptos. they're all ponzi schemes. looking for the greater fool.
this guy just made 2k in moons haha
stupidity’s his daughter in law.
our first serie in this subreddit is hilarious. when the chapter with the girlfriend's pov?
man, you guys really hate safemoon.
i really wish i knew my daughter's boyfriend's reddit handle. that way i could understand his dumbassery better.
don’t mind the op, he’s just moon-farming, nothing to see here, just another shitpost…
woah is this a crossover episode?
this is brilliant, thanks for the giggle.
i'm not a financial advisor but i think a trust is screaming in your future.
well all crypto are ponzis to some extent. 50 step laugh 100 step
i see what you did there. nice.
he’s her daddy now, time to take you out back old yeller style grandpa
haha—thanks for the laugh. [i saw the earlier post too] i love r, and they don’t have much of a sense of humor. mods would probably remove the post after a few replies, most of which wouldn’t understand it was a joke. 🤣
sounds like late stage rebellion. you should have played more heavy metal and talked more about doing drugs and dating "cool" losers. she would have rebelled by playing country, staying sober and dating executives.
who’s gonna write the daughters side now?
if she is ever gonna marry her just be sure to make prenuptial agreement
you know... a good hard smack in the mouth really draws a nice line. unfortunatley. getting them to thank you for it later... priceless.
best thing you can do is tell your daughter you really like the dude and that you're happy they are together. this of course is written for anyone who is actually in this position as a dad.
as a big 4 brokerage employee, i can relate to this lol. people are so oblivious
it's probably just a phase she is going through, i'd be concerned on what drugs she is participating in for sure though
so much ignorance, people are just too naive. just put in a little effort to do some research on safemoon and you will know that you should not even touch it with a 10 ft pole.
well, atleast he is a hodl'r, do not worry about her too much, she will probably end up on the streets after he gets rugswept.
just under 4 weeks ago ada as
i hate you all tbh. so accurate. outnumbered by fomo morons.
karma is fucking weird lol. this post got 3x more upvotes than the original thread.
safemoon gonna get me a lambo
wait a minute… 🧐🧐🤨
the sub needs more of this
thank you for this lovely humor related to the other post.
top kek. well done.
this is the greatest addition to wsb lore
bitch-ass paper-hands is a nice name.
well as a banker you know about inflation and the never ending printing of paper money. your daughter will one day think your the idiot. like most in power they don’t like crypto currency’s
herpcoin, and this, what the internet was made for
i know this is a joke but he is describing almost exactly how r. ask any questions about poor performance or outlook and they get all defensive and start tell you to sell because you do not deserve to go to the moon with those paper hands. lol...
plot twist, he’s only dating your daughter for that insider trading info. date the daughter, exploit the dad
damn i have two young daughters. i expect the worst and hoping for the best. i'm sorry dude.
there needs to be more joint follow-up posts like this! lmaoo
i mean i thought every dad knows that in order to scare your daughter off a guy you’re supposed to approve of the boyfriend.
fucking hilarious but so true about thise morons on safemoon sub. got my vote buddy. wish your daughter see the light soon and date a dog or puppies owner. thx for the great laugh. 😅😅🤣🤣😂😂🍺🍻🍺🍻
i hate these stupid post, the second one i see like this
lmao this is probably the best set of threads i've read on reddit in god knows how long. i read the first thread and thought it was some idiot looking for moons. touche
lmao op thanks for a good chuckle.
there should be a flair for accidentally posting in old daily.
someone needs to do daughter's perspective! we need the next episode of "the crypto bunch"
you could do the classic, "clean the shotgun while telling him how much you love and would die for your daughter".
hahaha i get this reference!
want me to come over and give him the look? i'll stand there and stare through his eyes deeper than he can feel his soul . i'll do it when he drops her off. he'll fuckin piss his pants, feel nauseous, have life altering nightmares and you'll never see him again. trust me. i'll fuckin do it bro.
when life gives you lemons… be glad it wasn’t herpes.
daughters like the person's who look like their dad.
this one’s on you, pops
you work for a bank and think crypto is a grift? i guess you'd know. competition sucks.
i'm not in crypto for the money *nor* the tech. i'm in it for content like this.
sir, this is a casino.
wait is safemoon really a ponzi ?
you were young once too. cut him some slack.
kids rebelling: mom you’re so old school! meme tokens are the future
this is why we reddit. amazing post op u 🏆
bitboy is such a sudden rush for me
maybe there’s a reason your daughter attracts douchy idiots
trading is a zero sum game.
what a comedy lol
if you are a bank executive, then your daughters future is probably fine.
why would we “stick it to the bankers,” when we can stick it to their wives and daughters.
put losers face to curb...stomp
who is going to capitalize on doing the daughter’s’s perspective?
at first i tot this was some made up shit, but then i rmb reading the safemoon story.
awaiting the daughter to post.
i know what you mean. i work on cars and my wife just bought her boyfriend a new ss commodore and i'm done hearing about it already. the guy has no idea.
i'm . if it is a scam i'm riding this scam to the tippy top. my license plate on my scooter is gonna say "scammin"
just sounds like he needs help
yeah safemoon is terrible. why do not we make our own coin called moons that runs on karmanomics that awards people for their shit posting. what do you say guys?
lmfaoooooo this guy marries hard
i read both posts; if he has to tell people how "intelligent" he is says alot about his personality. also, to be seriously invested in safemoon hurts my brain. good luck brotha
my thing is how does it get upvoted and awarded so much 😂😂😂🚀 funny still
at least her boyfriend isnt into cummies
pretty harsh to call someone a douche bag because they made different financial decisions than you would…
i just forgot how to breathe, that was fucking hilarious. has he responded after this online cock slap?
have sex with daughters bf
i guess, but wasn’t this exact same thing said about every single major alt that exist now? many of which has made many a lot of money, including myself.
i’m very concerned that watching his generation grow up is going to provide a lot of schadenfreude.
holy moon city on these posts, no wonder there is story time spam now. congrats on the original post op!!
no i'm not going to stop dating your daughter, because i'm not a paperhands bitch!! back off old man!
lol cyrpto it is pretty much a cult at this point.
brother, my daughter is 12. you are scaring the shit out of me. she’s making comments like she wants to start dating. how old is your daughter? i’m so sorry about the boyfriend. i have a piece of advice take it or leave it. this is what i’ve read and heard works best. don’t say or do a damn thing. have faith that you raised her right. she will realize soon enough that he’s a d-bag. she will dump him and that’ll be it. then you can tell her you agree with her decision and she will love you more for not getting involved. however apparently if you say or do something against him you may prolong her dumping him on her own because she doesn’t want you making her decision for her. make of it what you will. like i said my daughter is only 12 so i’ve not yet tried this strategy for myself but i have two friends with girls 16 and 19 and they say it worked for them.
lol let me know when she’s single if she isn’t fat, i’m a professional at fucking the stupid into people.
the "douchebag" posted his side of the story earlier, hilarious, you guys should talk more
put a darwin fish on your car. wow. no sympathy. as a banker you should be leagues ahead of your girls game. maybe you learn,maybe you teach. but this, reddit, is not the way to parent. this is not fb.
it’s understandable, have a horrible history watching my kid learn the hard way. sadly you are not alone.
this guy is the douch bag not the kid. get a clue
the "douchebag" side of the story
just snuff the little bastard.
challenge him to fisticuffs.
this is gold lol
i like your fan fiction
nothing you can do... life will just have to teach her. my sister dated douche-bags for her entire 20s. she is 32 now and is now dating a really good guy. he owns a home on the beach, has his own business, he takes care of his siblings, he is super humble and laid back. he treats her so well. dating the wrong guys teaches a girl what she actually wants in a guy and what to look out for in the future. some girls will never learn but just pray and hope she is one to learn from her mistakes when it comes to men.
man up and tell that bum to stop talking garbage 🤣🤘
you need a chill pill bro lol
last name what? twat? oh matt?? oh jesus
well it is all fun and games until the value of crypto suddenly drops and douchebag's not got a single penny to his name
don't worry. this may be traumatic at the moment, but anyone fitting that description is the epitomy of paperhands. and luckily, those paperhands will eventually let your daughter slip away.
so is your wife 😆
sounds like the kind of asshole that would buy doge. 😂
fantastic, hats off sir!
no thisrespect to your daughter, but young ones(what us irish paddys call young female adults) are trash at picking men. blame zuckerberg. they all live in r
time to buy puts on this relationship
ok this is an all time great meta post lol
nothing you can do except renforce good healthly relationships, good mentorships and let her know that she has caring loving adults in her life that will be there for her and would like her to ditch the safemoon shilling clown. ' i hope everything works out for you and your family
how many moons are you gonna get for this post? christ sakes
lol that is probably not the funny thing but sorry i laughed alot on that :d
holy shit lol. this post aged really nice
i literally just read the boyfriends post on another sub lol
thanks for this, these 2 posts were hilarious. i made one from the daughters perspective but a lot of angry people on this sub didn’t appreciate the joke continuing. please keep the humor coming though. we need it here!
amazing response. well played.
this is what the people need lmfao
there's nothing wrong about how you brought her up. some things are never under your control. stop beating yourself up of your upbringing.
if i hold safemoon fpr turty years can i buy mes a lambo
you may have to thiscretely whisper in his ear that if he does anything stupid with your daughter or mistreats her in any way that they won’t find his body! that’s my plan once the little one gets older. 😆
better teach him a lesson
it's a f2p normal card too. how convenient.
hey reddit have we heard from his daughter yet?
keep this in mind. 1. daughter getting pregnant. - today it is manageable - it’s something you, her and they family can work thru. - with your support she can over come this obstacle and still be successful. 2. only really bad side is if this or any other d-bag does not take off like a good dead beat should. you your daughter and family will have to deal with this d-bag for life. he will put her and you thru he’ll because he wants to pull it’s my kid routine. fare warning. treat this like a hostile take over. become the number 1 best dad in the world. get out there and create some memorable experiences with your daughter. not material stuff but some great adventures. show her examples of how successful woman who broke the glass ceiling and made some good $$. show her how they lost control and had to maintain some d-bag. here are some examples: britney spears- she got federlined. she pays him ,000 per month halle berry - she got aubryed ,000 a month. bethany frankle - got hoppyed a a tube of ,000 per month. ** never say “ i don’t want you seeing this guy” or “ you can’t date that guy while your in my house” it will only push her further into his arms. the list goes on. i do not think your daughter was granted time on this earth to take the full time role of supporting this mojon = in spanish it’s the word for a big wet piece of poo. hey i want to hear a progress report on this.
forbidden modern love story
hi i'm ranger park, the park ranger.
you make a lot of traditional traders are joining
this sounds more like a pisstain
where you went wrong? is the answer, bank executive?
this smells like copy pasta
my elementary school teacher proposes to his student
maaan, i'm sorry for you and your daughter
ohhh i see same dude 3 separate accounts writing stories about the daughter, boyfriends and the dads views haha nice
but what i want to know is the cat’s purrrrspective!!!!
let him dream. be sure to send him off gently, lol
we've come to it... when a man is not determined by anything more than his dd 🤣
invite him over. spend time with them. she will hopefully see him through your eyes. the appeal will wear thin i hope. good luck with everything.
looks like your daughter chose someone similar to you.
he should be given her hand in marriage immediately! good thing this is satire lol
you should have let him finish. at the end, the boyfriend either said: "dude, you're getting a dell!" or "dude...bitconnnnnect!"
he's going to treat your daughter like a shit coin
everything’s a fairly general ie thing
he could be on adderall 8-)
lol this is great op they do this in the jiu jitsu sub a lot
plot twist: the daughter is only dating him to piss off her dad. act like you embrace the guy and say things like “wow, maybe i should yolo my daughters college savings into that coin!, you’re such a genius! welcome to the family son!” and see how quickly she dumps him.
she will wake up and never make that mistake again trust me... my daughter did that shit lol
i love your daughter & when these moons moon i'll buy her the wedding of her dreams.
i want an update 🤔🤣🤣
good luck sir! i can feel your pain...
lol, this is funny 🤣
quite a smarty pants this author is… i like… i likey a lot
not trying to protect him or anything but it is how non-crypto holder look at us
jealous? take notes lol
he am not no bitch-ass paper hand 🤣 the guy sounds like a tool
i'm fucking dying. someone please tell me how to tip this man. he deserves all the moons.
feel your pain. but that’s why you gotta open the conversation with the fact that you have a truck and a shovel.
abandon her and run to the woods
this is fucking art.
you failed at "bank executive". she is got no respect for that bruh!
i have read both the posts... waiting for the douche-bag's perspective now...
that hurt to read about.
as well you should be. but, if you take the time to get to know me better. you will see i am not such a bad guy. hey , you want to do an eight ball with me bro?
lmao this is the funniest shit ever
this is why i joined this sub.
doge is garbage, but it is too expensive
waiting for bank's pov
it's okay to vent, that guy needs a serious seminar for him contemplate what's with the "next bitcoin" thing. in his dreams.
this is why you do not have daughters
this is such a sudden rush for me
someone now write a post from daughter's point of view
omg hilarious! what effort!
so this is how you get moons?
in a few years with subreddit is going to be filled with posts that are buried so deep in r's going on
i like how i saw this a couple posts down from the original
thabk you and love you op
lmfao. show him your shotgun and make sure he only gets to pump and dump the coin
what a fuckin tool
one valid, eyes opening and humor post i have seen in this sub these days. astonishing to see yet hilarious.
worried about her future? her dad's a bank executive. probably one screwing over the populace. she will be ok.
this was a scam post as was the other side ha ha
i’ve never seen this sub before but i absolutely love it. thank you.
literally both of the posts they have the same end line. like c'mon man you can obviously see that are strategically made. disgusting!
this is sick. genuinely well played. have a freaking moon!
so is my wife so don’t feel so bad.
this is some top tier moon farming
still a better love story than twilight saga op you made my day still smiling
tell him to pull out
yeah he sounds like a complete moron and you should be worried about your daughters future if you think he was talking and thinking like that because of cocaine, you should talk to your daughter about how you feel about him but dont express to much emotion and hurt your relationship with her.
this made my day xd
when you are from the other side of the world, and was just finished reading the other guy's post, went to sleep, then woke up to this one. it's like you live in dreamland! lmao
the format of the two posts is eerily similar, as well as the timing of them... getting fake posts for karma vibes
dude. every girl gets one sometimes two. haven't many dudes dated insane people and realized it over time. don't try and convince her that he is a douche, try and convince her that he will ruin her financial future.
lol this guy is the type i despise
youre wrong bruh... "safemoon" is safe!!!!!
the flair fiction seems more apt. i have to agree this was of some quality
lol i just read the other post a few swipes back, priceless!
i love when we get to hear both sides.
safemoon is the future of finance. they will single- handedly put banks out of business. they are making a wallet.
sorry, but we are all scared of the future based on political and climate problems based on previous generations. her boyfriend is the least of her problems going forward
not that i'm complaining but how has this post got 16k+ upvotes and genuine research gets like 200 😂
this is just sooo good! lmao 🤣
i totally understand this shitpost
see if your wife’s boyfriend will deal with it.
i hope safemoon will never get any where near x2.
well played op, well played
>safemoon 😂😂😂 even if this was real that dudes gonna lose everything lmfao. your daughter needs to get her shit together and leave that guy. fucking safemoon, a literal scamcoin made to look legit, like pregnant butt. your daughter needs to have better taste in her partners, preferably ones that don’t snort coke. satirical i know but shit i can guarantee there’s people like this in real irl.
well coordinated moon farm! my hat off to you sir.
at least you made some moons now, op. something you can hold on
"safe" moon is not safe. that's what i got out of this. it now makes more sense why a lot of people are invested in safe moon... cocaine.
lmfao this is gold
goddamnit i love you
lol, is this for real? pops it sounds like your daughter is dating a guy invested in amc
omg this shit is awesome. laughed so hard just coming across the title, having read the boyfriend perspective... safemoon... omg so good
mdrrr means laugh to death
now i need a "my boyfriend and dad are having a feud about finance and crypto" post
lmao this is gold 💫
lmao somehow this reminds me of something i've just read
so have you heard your daughter call him daddy upstairs yet?
i can see this plot evolving into a dystopian tv-series
im her ex. she left me for some dude who kept telling her about how he will buy her a lambo from money he invested in crypto. its a sure thing apparently so she left without saying good bye.
i blame this post for starting all this
yeah but does he hold any btc??
guys clearly just got a massive dong
i saw all the posts now... the circle is complete ( ꈍᴗꈍ)
is this some kind of spinoff? 🤔
your daughter found a man that can take care of her in 15 years when your fiat is worthless. but at least you're moon farming so there is hope for you!
hahaha excellent work! id read the other post first, opportunity seized op!
if he would of brought it at the start he would of been a multi millionaire,the dad would of loved him 😂
eh good on him, read his post, he seems passionate, excited like he is found something he is actually interested in. even if he is not its got him looking into things a lot of young people do not. i mean i'm not a father but i imagine a fella with passion is better than just a straight-up dropkick lol
the future is now old man
oh no. i read the other post wrong and thought his daughter was dating the bank executive, so it was a awkward crypto dad to new boyfriend rant. but it’s way worse, it was a new boyfriend to bank executive dad rant...
i want this to be animated
clever way of mooning, op.
>i'm a bank executive, so you can only imagine what a nightmare this is for me. given how little most of your colleagues seem to understand about blockchain and the bullshit they often spew, that is not really a reference of trust. but that boy is an idiot for sure.
and this how you get the maximum karma.
these comedy post are getting worser every day
he sounds like a stand up dude...
this is not real hahaha
the plot thickens ::grabs popcorn::
i swear we had a post from that young wipper snapper not that long ago, passing safemoon off as a cryptocurrency in a more mild manner lol the daughter would top this conversation by saying "i'm only dating this dickhead for his not so safe hands, when i see the private keys like a cryptopia employee"
😂😂😂😂😂😂😂 don't worry, i'm sure there is a reddit sub where you can find some common ground.
safemoon ??? yikes… at least rant about algorand , ergo , or cardano ... smh
[a mother perspective ](
best story on the sub rn.
she’s just doing it for the dick. chill daddy chill.
can we get the safemoon junky post now?
oof sorry bud. i hope he isn’t right haha doge is lyfe.
shes in ... safe hands there pal
can you please adopt me
i completely agree with you. stay strong.
it amazes me that everything you have not been taught at college or uni is a ponzi scheme yet you are working for the biggest scam in human history, the bank. just because its adopted and we are ripped off legally (most of the time, do not mention ppi anyone) does not mean its not a scam. we receive no benefits from banking that we could not see by keeping our money under the bed that is unless you consider a less than 1% interest rate an achievement.
what in the meta is this?
i hope you've learnt from reading the comments, not to vent here ever again. keep your private matters among family and friends. peace out!
this post is mislabeled. this is not a comedy, it is a tragedy!
hopefully part 2 can be found on pornhub
op: they’re all like this anymore, this is our future
man, i can’t wait for the whole family’s reactions!
dude who gives a shit! you're a bank executive you rich mother fucker lol
simple solution: purchase the most ridiculous looking [insert shit coin here] merch and always wear it around him until he eventually thinks it is uncool to own [insert shit coin here].
using cb pro. if i click buy, the limit price is greyed out. if i click this and type a number, will it not buy the coin until it hits that price? like a buy order?
at least he can dream to help,makes him a good man.
now i know what kind of posts i need to make to get fking awards and moons xd
i'm sure the wife is probably thinking "i wonder if my daughter's new boyfriend can buy me the new tm6 thermomix with his weird ass safemoon" "i'll show him a moon, like i did to the last boyfriend who driveled on about some r(20 unholy recipes: dishes so awful we had to make them)"
didn’t someone just post about how they met the bank exec dad and he was a total anti crypto dick
the bankers worst nightmare
if he thinks safemoon is gonna get him lambos, your daughter is not safu
just pray your daughter is smart enough to dump him for carlos of bitconnect fame
uncomfortable truths: women like douche bags, especially ones with a self induced sense of over confidence. don't try to thissuade her directly as you may just push her closer to him while alienating yourself. but ultimately rest in the fact that one day he will turn to her and say ''it is all gone, went to zero in 2 candles. i've got nothing'' and the sparkle will definitely drift off when she realises he may not be good with decisions after all.
oh man… as someone who has dated a douche bag or two, i think your best strategy is to ignore it and try to be polite. in my experience, i quickly realised the douches were douchey but if my parents had made their thisapproval too obvious it would have activated my stubborn. good luck!
your daughter is in love with the dick, and a smooth-talking one at that. sorry to say, but ultimately it is her life not yours and you just gotta be there when she fails.
don’t worry, you’re daughter is doing cocaine as well.
give him and your daughter the cringiest 3c’s talk. consent, commitment and children. see what happens. i mean money aside, he might be serious with her and she might see something in him that your first impressions might have missed. can’t blame the kid for trying to impress you with his knowledge of money, despite it being, (in your opinion), highly flawed and maybe wrong.
am i too late for some karma or y'all fresh out?
what does "dcaing " mean?
why are you all treating this story as real lol. no questioning why he would come here or anything and let us just ignore the comedy tag. i'm not mad guys i'm just thisappointed
i am pretty positive i just seen this post but by the boyfriend 😂😂
someone posted the opposite side of this bs story… glad you’re getting entertained with posting this shitty story
op sounds like the douchbag
women usually fall for men that behave like their fathers do, so look within yourself.
your raised her right. there are just some lessons that she will have to learn on her own.
lol i like dancing. crypto pro
from one man to another: the more you push against him, the more he wins over your daughter showing her what an asshole you are. trust me on this one mate. you can only be supportive untill she finds out herself. i know this is against everything you want to do, and what we are teached from the old days, but this is fucked up psychology. she will find out eventually and then your bond will be stronger then ever because she knows you are here to look out after her
don't feel too bad. some people have to go against the grain so they can learn.
there is a similar post here from the girls boyfriend point of view. by the similarities of sone sentences, i am guessing they were written by the same person. i'm not exactly new here, but i do not post or comment, just read the news. am i missing something here? are the posts some kind of a joke? i'm gonna make a guess here and say the purpose is to get karma.
what does the daughter think?
have you ever watch uncle buck?
if you’re a banker she’ll be fine. probably. also, can we get you to explain blockchain to janet, mebbe?
he's safer spending the money on the cocaine.
is [this]( the douche bag ? lol
😂😂😂😂😂 as an economist i feel for you brother.
when this whole family speaks out, please combine everything into one post and drop me a link. thanks
bravo op. a true man of culture.
which post came first? this or the bf's
you're acting like it is not this board that birthed this kind of weirdo. ' also she clearly looked for someone who was like her father...
the only part you’re probably off on is the coke. it’s more likely adderall in today’s world.
“this post was sponsored by reddit moons”
haha get rid of him! lock up your daughter!
i’ll date your daughter
at first, i thought that this was real. but then i saw the reference and boy did i laughed my ass off.
so, quick question... were you all buttoned up, had your shit together, and never did anything ill informed or downright stupid when you were this kid's age? never behaved arrogantly, impulsively, or like you were invincible? come on, man... educate this motherfucker (or daughterfucker, i suppose)... maybe he is a good kid, just misguided and at least he is thinking about his future. and for the record, douchebaggery is ubiquitous these days so your daughter may have actually picked the best out of the bunch.
just tell him you've made more in moons from one reddit post than he likely ever will from safemoon.
it's funny because i read his post yesterday about you!
you do not sound like a bank exec, you actually sound like a teenager. fake news. lol glta!!!
a safemoon bro is banging your daughter??? lol !!!!!!!!!!
can confirm, this man´s daughter is my wife and i don´t like her boyfriend either!
funny how most shitposts get 0 upvotes and others get 22.6k 😂😂😂
op just trying to sneak in safemoon without mods deleting it.
damm whole family is posting 😂😂😂😂
got to be mississippi! edit: sorry wrong thread!
no other coin can take place of bitcoin it is the first one. it started the market how can you take place of something that kind
best shit post of the week award defo
at least he has cocaine, so he isn’t broke
instert random crypto coin template, thank you.
how was not this post taken down? insane that there 23k upvotes
it’s a hell of a drug
he has a big ‘d’…...
youre a bank executive? can i ask why institutions are trading trillions with the fed for overnight collateral? like how far from normal is that shit?
he chose the wrong moon
sounds like a smart young man to me…
a+ moon farm post
r"why would not anyone take us seriously?" me: \*points at this post, it is comments, and up vote count\*
“bitch-ass paperhands” killed me
don't worry. it's probably nothing so deep. he probably just has a gigantic cock and taught her to love anal. nothing to do with economics pops chill out. your daughter is just a dirty slut.
feels like a fake post. for someone described as ‘kind’ and ‘deeply intelligent’ this sounds like it was written by someone who isn’t either
good luck to your daughter! 😅
the ultimate level of sh!tposting.
dude this is gold.
hang in there dad. the novelty will wear off.
as a safemoon holder and supporter, i an both offended and humored :p
your daughter is going to the moon lmao
just tell him about all the benefited of cumrocket and wink at him... or maybe do not... young people are strange these days...
did he at least know what a potato is?
that's why i love this community
well you better save up some money for her cause that kid is gonna get broke
all crypto is a ponzi scheme. you buy today. you hold. you hope somebody comes along at a later date and pays you more than you paid. real estate is the basically the same thing but at least you get to live in it.
is this satire because the bitch ass paperhands has me rolling
consider having a real talk with your daughter. hopefully you have a good relationship with her. be brutally honest, and direct, not rude, just honest. she will hear you. plant the seed now.
just protect her from him running her of
aye just gunna say my mother in law thought i was stupid for investing in doge coin and i made 70k in a month sooooooooo…… lemme put 5k in your bank and see how much i’m charged to keep it there instead of it making interest
you got chad’d by a little stonk boy? in your own house?
i’ll tell you man i have the same fear as you- daughter dating a complete idiot. usually those relationships won’t last because she’ll eventually figure out he’s an idiot using the mental tools taught by you! head up sir.
everyone in the interaction is posting about their experience on reddit separately. boy will the next dinner be awkward.
im fuckin howling 😂
can't wait to hear from the wife of the bank executive too. maybe even the young man's friends and parents. we have a crypto series on our hands. look out, ted lasso!
i don’t get how there aren’t many people on the fact that he’s meeting the parents and jumps into crypto. op was incredibly selfish in conversation, content aside.
the guy is also dcaing your daughter per night
hahaha your post made me laugh. sorry to hear about your daughters skeeted out boyfriend. that sucks.
trust your daughter to figure it out. when she sees what he is really like, she will drop him, or one of her friends will have to convince her to drop him, because she loves some small part of him that she cannot let go of on her own and she is just afraid she will never see it in any other guy. you have a 8% probability he will actually turn out to be a decent guy. ' good luck.
this is the new world.
i’m wondering how many times a day the boyfriend posts in wsb
as long as he is not spending your daughters money, try not to care about it so much. i am sure it is easier said then done, so good luck with it. i hope he is bright enough to learn from mistakes.
i'm sure one of these guys in here will gladly take her off yours and the guys hands and pound some sense into her
wait is this story made up or legit... someone at my work was shilling safe moon awhile back...
future safemoon millionaire tearing your daughter a new one every night 👏 👏
my fish pet store sells weed as well.
how many levels deep are we now?
my girlfriend's father says the same, again what's your daughter's name ? lol
sounds like her boyfriend is a genius! sounds like a smart guy
tell him he can keep his “bitch-ass paperhands” off your goddamned daughter
douche-bag ≠ or = doge-bags
buy her tons of condoms. offer her to get on the pill. bite that bullet hard, then chew and swallow. if this is at all uncharacteristic for you it should drive the point home that a long term obligation to this jag-off is to be avoided at all costs.
can confirm, i was the cocaine!
search youtube for "bad boys reggie scene." thats how you handle it.
i found this gwei funny.
a customer looked at my portfolio , he shook his head and shivered... offered no opinions . at least he’s not balls deep in amc or gme like me .
just tell her how much you love her boyfriend and what a nice guy is, that'll turn her off to him.
i genuinely do not understand what you problem is here, mainly because i really do not understand it. what's that moon thing he?
guy gotta mustache? he may be tickling some taint.
lol lol lol ... this made my day
this is nightmare fuel. i hope my daughters never bring home some ponzi scheme investing bitch of a chad 😂😂😂
should've yelled out "biiiitcooonnneeeect baby" and punch the air
some people would say you are the crazy one and the us banking system is the biggest ponzi scheme every created so their is two sides to every coin, but the most transparent system will win in the end because that’s the one people will choose to use.
she’s dating a guy who’s interested in learning about finances, huge red flag! he gotta go.
wait til she meets me
she is young i'm assuming? her brain is still developing so she just needs to live
“it’s just hedge funds keeping it down” is now my new phrase any time anything goes wrong.
i spent ’s now worth ,000. back in 2012 when i was 16 i ranting about how btc was the future and was mining on my 6950 and i7 860 but then my mom complained about the power bill so i stopped :(. all the old people saving crypto is a scam clearly as mistakin fuck a 401k. just traded 500 ada for 7k hex tokens hope they hit .
lol cocaine induced speech
i had the same happen with a friend of mine who's fallen for pornrocket. it's the worst thing. i probably have to spare hours talking sense and market caps to him
daughter “but i love him!”
reflexions are a ponzi scheme? it briefly crossed my mind when i read up about it.
i would be a much better son in law, baby doge coin saves doges at least
try being a better parent.
wrong subreddit, my man. this should be posted on . tho i get it is a joke to that earlier post.
sounds like your the douche bag…douche bag
jesus... i was wonder what he bought... safemoon... hahahahahaha ha ...ha i am wondering... 2 different accounts or the real deal? lets see... looks at post history...kind of seems like a moon farmer, i think this is the same person. texting is similar in tone and grammer. quote from the last part of the other post... >i don’t know what the point of this post is, but i just, idk, he made me feel like a fool of an investor because he either just doesn’t get it or is scared of it and i feel like his view of me has become less favorable in terms of dating his daughter, but i’m going to stand up for what i believe in. ramble over. and the last 2 lines here... almost identical... >i'm a bank executive, so you can only imagine what a nightmare this is for me. don't know what the point of this post is, is not like my daughter is going to stop dating that idiot anyways. i'm scared about my daughter's future. sorry, i needed to vent. fuck off wannbe...something something fuck off
at least he’s not a liberal.
fake. looking at your reddit profile, you are most definitely not a banking executive. if you truly do have kids, i feel sorry for them.
unreal gotta fix that
good thing keeping the daily karma prevented shit posting like this.
lmoa, quality shit post.
the problem with the daughters... you can’t control their bf’s or life for that matter. unfortunately.
on the bright side, you have to let your daughter make her own mistakes and learn from them.
r. this is so oldpeoplefacebook.
dude this guy has safemoon lmao, come on! you guys fall for anything. go look at his post history! he lost money in safemoon now calls the daughters boyfriend a douche, they clearly scheduled these shit posts.
vent noted. no comment. here to witness the vent and let you know that someone saw and noted it.
don't be scared. she is probably just looking for some counter models to what she is used to. or someone simple she can feel in control with. she would not be dependent on a guy like that if she has a good education.
this is what this sub has been missing
*lol 😂 this is a fucking high quality shitpost!
i’m am in my young 20 and i believe safe moon will be the next bitcoin. sayin it is a ponzu is saying that bitcoin is a ponzi. crypto is in a baby stages and safemoon has a special niche in the community
sniff a bag of farts dildo head
bank executive and doesn’t know what a ponzi scheme is. that said, you and the boyfriend look toxic as fuck. are you a parent or a little kid to be arguing with another kid?
safemoon is the future
my douchebag is dating a daughter and you're basically fucking stupid. click here to find out how.
how has this post blown up i do not get it.
op, i have a daughter and if she ever brings home something like that, i'm grabbing my ellipal and beating him senseless. then i'll punch my daughter's mother in the mouth since that is definitely the shallow end of the gene pool. good luck to you.
lol safemoon to thre moon!!! when you sleep and your wife wakes you up and says "honey you kept screaming safemoon in your sleep" that is when you know we got you hooked
safemoon to the motherfucking moon fuck the haters😆
how does it feel to know that your job will be irrelevant in the future
posted somewhere else lol "my boyfriend is lost in this delusional 'get rich quick' fantasy. he bought . he piled in on top of it with his life savings, and now he is deep in a hole. 'it's okay, it will bounce back!' he keeps saying. 'it's just the hedge funds keeping it down!' as he pours more and more of his paycheck into dog coins. i hoped introducing him to my parents might help - my dad's a banker and is about to retire next year at 46, so i thought maybe he could take him under his wing. but as soon as my boyfriend stepped through the door he started trying to convince my dad to put his whole 401k into something called a meme coin. i do not even know anymore, i'm at my wit is end."
she’s on wsb, bf and father are competing for her soul
we want the full lore
we gonna get more chained shitpost liks this in upcoming weeks 😂
i'm already doing her.
can we get a post from the lambo now
this is a follow up. we already had a post from yesterday, saying almost the same, but from the daugthers perspective... ' or a socalled ripoff if you want
here is mother [link](
the boyfriend has a post!! check it out- it is about how dumb his new girlfriends dad, who is an investment banker, is.
and a picture, just to have all the details.
there’s actually a post from the daughter in tifu and another post from the boyfriend in this sub.
no because this is not jerry springer
by the end of the week i'm predicting we'll have posts from the point of view of the daughter's pet goldfish
safemoon lol, that is a name i have not heard in a long time
this seems fishy to me. kinda feel set up by these posts. no way these guys are both on reddit talking about the same thing. from, both sides mind you.
need a post from their dog
lmao i actually just read the other post a couple minutes ago
hope this does not get lost in the comments, context makes this post infinitely better
this reply is much better than the original post tbh
now we wait for daughter to say here piece!
i literally had both the post come up in my notifications for trending, and thought that exact same with them being connected, phaha joke or not made my day
ah, thank you! this sounded like a conversation between two people on this sub lol but i appreciate the inside joke.
dads from this days...
haha yup came to mind when i saw the title, top tier shit post xd
and they say moon farming makes low quality posts
glad we got the dad's version of the facts
lol now having to reframe the impassioned speech about “crypto” to being about safemoons.
are you kidding us op? this really made my day
third installment with the gf side of the story coming soon.
i was wondering if this was the dad's side lol so happy it is. hilarious
when i saw this come up i lost it, perfect shit post.
now knowing this makes the post so much funnier, lmao
i feel like i'm the only one who still does not get it.
hi can i get this in paper back form? i cannot wait for the next excerpt to come out
i read all those posts, pros of spending whole day on reddit
hey homie, you may want to open your vault. you’re going to receive a lot of moons for this comment.
thank you for this, i’m reading this post like “wtf is going on here” but now it makes a lot more sense. as always (almost anyways) the gems are found in the comments.
grabs popcorn and pulls up a chair 🍿
so this is what people are earning moons for?? i guess this is wsb-cc now
i am hijacking the top comment... its the same person posting... look at the endings for both posts ...almost identical. its the same person farming moons... and doing pretty good at it. >i don’t know what the point of this post is, but i just, idk, he made me feel like a fool of an investor because he either just doesn’t get it or is scared of it and i feel like his view of me has become less favorable in terms of dating his daughter, but i’m going to stand up for what i believe in. > >ramble over. ' >i'm a bank executive, so you can only imagine what a nightmare this is for me. > >don't know what the point of this post is, is not like my daughter is going to stop dating that idiot anyways. i'm scared about my daughter's future. > >sorry, i needed to vent. we have been plished! the same tone, grammar and presentation. its fiction.
plot twist: the dad realize he was wrong, he will fall inlove with crypto, and then he and the girlfriend's boyfriend will start dating.
nice find... now you know the story of both sides 😂 😂 😂
ngl... after reading the "bf's" perspective, it sounds like he is a good ass dude lol
captain america over here
was hoping that’d somebody would post the reference. too good to miss.
oh man this is an amazing reply post
wow straight killed him
can't be real. the writing style is too similar and accurate to point blank details.
this one is definitely better, cause it’s actually a joke.
ahahah that is honestly really brilliant, gg op
i love it when i get it.
lmaooooooo thanks for the link
the best thing about all of this is looking at the post history of the dude who made the original post and seeing he got into crypto in may of this year.
and now this all makes a lot more sense.
so much funnier seeing the referenced post lol... thanks friendlynegro0!
wow ! same guy? that’s amazing.
just saw the other post right below this one lol
thank you, this makes more sense
nice comedy part 2. lol
so glad i saw the original earlier. once i saw the title on this follow-up i was hoping, and my wish came true.
ohhhh my this is the funniest crap i’ve seen from this subreddit at this large of a scale. a+ shitpost 😂
you made my day 🤣😂🤣
i think a lot of us young guys should read both these posts carefully so we can understand how some of us probably come off as even though we feel like we have good intentions.
op you should add the bf’s reddit and see what kind of stuff he’s browsing on reddit ; )
bravo. that is hilarious. where is the girls post?
thank you friendly redditor! i had no idea!
is this fake? people are getting creative moon farming if so lol
this dude who posted this, literally posts in safemoon about how hes reaching his token amounts?! come on guys lmao. clearly this was 10000% a shit post.
this is sick. genius.
i didn’t make the connection until i clicked the link. that’s hilarious! well done op!
i love how all the comments were like “wtf dude, you didn’t have to go on about crypto”
haha, i too just read the other post few seconds ago
thanks i needed the context.
i just hope the daughter
thanks, autism is one hell of a drug
seeing as you dont have any moons yet i would strongly recommend you to open your vault to have access to all those moons you just earned!
here is the mother [perspective ](
honestly jokes aside, i genuinely think something that fucking dumb could cause a breakup, depending on how strong the relationship is between family if they think your partner is a bit of an idiot you'll likely split up with them. unless you are a rebellious teenager of course, which might explain the idiotic choice of conversation in the original post.
open your vault my dude
plot twist, bf and dad is a same person fishing for karma.
the subs just devolving into fake story chains for moon farming, seriously...
i read the original, ngl, the dude deserves the roasts. "hello gf's dad, great to meet you, i need to tell you i love cryptocurrency, that is the first thing i'm gonna say, you work in a bank i'm sure you get it"
this is too funny to be true
this is good. can’t deny.
looks like they are reddit homies
reddit servers must be having a stroke with all those back & fwd slashes
feel like the original post deserves to be a copypasta
such a shit post. i thought i was on
another example of moons bringing out the creativity in people
we need more of this kind of shitposting in this sub.
this is such a good comedy post tho lmao. ticked all the boxes. dude is a master shitposter.
we ve reach the moon of shitposting
sorry, i was going to up vote, but it was already at 69
capitalising on the last post, moon genius
is it too meta that i'm waiting for the daughter's response now?
i do not mind this shitposting.
if i had an award i would give it
we are reaching levels of meta shitposting that should not be possible.
i kinda predicted this 9 days ago. ever since the spike in price.
it’s pretty good for a friday
you can tell its friday!
it is like our own subreddit is humor, only we can understand
this can not be true. did this really happen?
this sub kind of needed it. much as i love the dd and opinions around here, there’s nothing like a bit of healthy self-awareness.
art of shitpost become better over time like vine.
just like a nano transaction but profitable.
but at what cost
definitely quicker than me in bed
difference is that unlike nano he earned a lot on it.
this nano shill was smarter than an algo contract.
i love how . it’s good to have some self awareness! i think that may crash humbled a lot of us here lol **edit**: wait how tf is there not a cryptocurrency circlejerk sub yet?? or does one exist that i just can’t find?
idk i had a guy at a party the other night trying to get me to buy some obscure crypto, saying it had tripled in value in the last 3 months. i looked it up and it was worth about half of what it was 3 months ago. i was not interested but he just kept on.
also the fact that he thought he knew better than a professional
yup. someone's going to post a story from the daughter's perspective now
for those who are unaware...
i hope the original post never gets forgotten
the kid could not come up with one thing about crypto that he claims 'changed his life'.
we will see more serialized shitposting in upcoming weeks 😂
ok, calm down satan
eagerly awaiting the girlfriend to give her point of view
daughter ... instructions unclear: swallowed seed
this is beautiful. i'm trying to tip you moons but it is not letting me on mobile. can anyone help?? edit: figured it out! well done sir well done
great work op! truly commendable banker indeed.
job well done, op! it seems like these chained posts could well be the future of shitposting as moons get closer to mainnet.
these are some of the only posts that make me smile when the op gets thousands of upvotes. you did not just link some controversial article, or feed into confirmation bias; you put effort into making a good joke that got people to laugh. thank you.
daughter: “i didn’t sign up for this shit!”
the kind of show i am willing to watch.
our own soap opera!
lmao i can see this happening irl
we need this to be given a mod award.
i only blinked and the response was here
they have a lot of free time
a lot of nano fans these days
the op was getting burnt to a crisp in that thread.
defi, shitcoin and leverage trading can definitely teach people expensive lessons.
glad you caught on! i hope this story continues with the girlfriend, the wife, the dog and the neighbor.
well then we're fucked. i wouldn't mind if moons went to the moon tho.
had to scroll to find the safemoon defender. i knew you'd be here, defending your bag holding.
that's the joke. it will
and then she becomes a moon farmer
take her crypto away
if you feel like that look into bsv. drop everything into it.
“hey dad, please meet my boyfriend”
invest in a different overvalued shitcoin?
unlucky. you can still buy now...
lol literally just tried. they’re over it.
the daughter. should be good
i do not think this is a shitpost, it is classic comedy.
front side or back side?
he needed to complain to people who might understand what he is talking about
so you can obviously imagine the nightmare he’s going through, right?
sooo, yep, i am dead on. i'm now suspicious the 2 stores are from the same person maybe? and he is just making it up. its sooo classic its borderline cliche!
and probably happening in every soon to be retiree households across the globe, followed with a long \*sigh\* and a softcore thought of homicide and a pat on a teen's back saying "it is time to move on dearest"
lol sorry meant that for the daily but someone here may know!
turns out what was the whole point
this guy does not know.
hmm chances are he’s not interedted in learning shit and he’s looking for a quick buck.
try being a better shill 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🚀🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🚀🤣🚀🤣
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yup i just read that other post and then saw this one and was like ….
you’re not 20 dave portnoy….
that's what she said!
was this ambiguity intentional?
her dad is here, behave please
doge up 29% this week. fresh tendies on the way
my now ex wife said the same thing when i piled in at .004. maybe they can be penpals.
how much eth is soul worth?
why is safemoon so popular?
same here. literally laughed out loud. well done op
yeah i’m here from the other post 😂😂😂 now i’m waiting for the mother to vent and then the daughter this could be a series called meeting the parents 😂😂
this post made you rich
this post kinda remind me of r.
same... they match up perfectly and i love it.
lol what a small world
i was out with friends and started laughing and tried to explain to my friends why this is funny, they now think i'm mental.
it was a well crafted post.
same! i love these response threads
on my feed this was under the other lol
i had a blast reading that, this was a pleasant surprise lol
me too, so this made even more sense
lmao idk who’s side to take i told the other guy it’s either 100 bad bitch investing into bitcoin or same old gf and dead dick of a father in law with 100k in retirement.
i read all those posts
lol me too, i love this sub.
same story, different perspectives.
looks like you’ll have to start dcaing yourself so your daughter has a lawyer fund.
same, now i understand the comedy tag on the original
isn't it so close together?
this was out of left field
very creative,must give it to the op
me too and instantly got the brilliant joke. particularly because it is posted in the right thread and not jokes.
now someone gotta do the daughter's pov lol.
this post gave me confidence that we may still have an upper hand in the fight against artificial intelligence!
but it wouldn't exist without the original, got to appreciate the origins
i liked the 'this only unchained a what i believed to be a cocaine induced speech' part op is a master wordsmith
well yeah, who brings up crypto and personal finances the first time you meet your gf’s parents? basically said, “the dad told me this was a risky venture lol boomer”. *it is a risky venture!* nothing about this is guaranteed. that’s why we say don’t put in more than you can afford to lose
shitposting becoming serialized. looking forward to this one next!
daughter needs 500 karmas to post in this subreddit.
daughter: "i did not sign up for this shit!"
a gem in the mud.
lol a great one indeed.
don't worry brother you are not alone.
we need to make this a movie even
i want this to be irl :((
of course its that same person. haha its just a clown entertaining us...
or they know the secret to moonfarming lol
more like epileptic shock lol
now we need another post in the girlfriend's perspective
immortalize it as an nft, and the copypasta will come
so i met my girlfriends father for the first time the other day, all i know is he is a banker. so naturally i kicked things off my selling him on crypto!
yes, it should be
moons are the people's innovation!
we love this today, i predict we will be absolutely sick of moon farmers ruining this gag with in a week.
moons out here unleasing the hidden talent within us
more like the shit of moonposting
i might have put it past so go for it.
hey man, true :(
he get like \~ 250 moons on it
a currency doing its job by being traded and not hoarded? inconceivable!
i’m up 5500% what’re you on about mate?
they do not have their moon vault open tho 😕
cause it is *fast and feeless?*
you did not have to do yourself like that bro :(
no you’re at the right place, this is the circlejerk subreddit moons moons! dog coin bad!
lol now that is what you call dedication. guy was probably satoshi's brother. marketing genius indeed.
funny thing is that people in the comments do not realize this
now this is shit posting i can get with. nothing like flowing shit post.
there’s some serious talent in here i tell ya!
that would be funny haha
the hero we needed 🙏🏼
just tried to make a better version of this ![gif](giphybogbksm9gugp9jpvly)
lol the go to response to something evil
he is not satan. even satan is afraid of him.
gf: “tinder date said he was going to show me a great time with a bunch of green dildos but all he did was argue with my dad about the dangers of the lunar cycle or something.”
i'm sure someone's already working on that lol
we're still talking about seed phrase here are not we?
damn save some for me dawg.
give that op his well deserved moons!
too late, your already on the blockchain.
and get op a custom made flair?
in the time it took me to refresh reddit, this mad lad already read the original post, came up with an idea and did all the writing. those are some magik fingers if you ask me.
😂😂😂 feeless and quick redditors!
gr8 b8 m8. i r8 8
they can, but you if you ***just*** learned those lessons in adulthood, you don’t go trying to shove them down the throat of someone who is old enough to have wiped shit from your diapers as if you are the messiah.
it is honest job.
she actually becomes a teen mom.
does he cumrocket ?
uh... i guess i would have to be cool with that.
i do not hold any ada, but curious why do you call it an overvalued shitcoin?
how dare you call ada a shitcoin!? *pokes finger*
hoping it is the boyfriends baby mama. make a nice plot twist 🤞
hall of fame material!
back, she gotta get op’s seed (phrase) for the gains
i just wonder if he paper handed yet or not
you’re obviously investing in the wrong crypto my dude.
it depend on coins. if he have shitcoins, then even more than in two ways.
well he’s apparently all in on the coke… so yeah, she’s getting fu*ked
that's what we said.
that's what he said
ony if youre into safemoon
did you have cumrocket?
that’s what i said
with honey mustard for dipping, i hope?
lol, good one. well played
i do not really know, lots of publicity i suppose
this is some quality shitposting indeed. well-deserved moons
the new moon farming series, exclusive on r\cc!
looks like we'll be having a blast of a series here.
it's like a mexican novel now, such drama...i am excited for the next episode
“as the crypto-world turns” 🧼🌎
ya op would soon be a story writer with these type of performance
he earned 1000 karma, so around 250 moons. that is like 75$
now i want a weekly release of it
so like a moon?
hahaha happened with me too was watching tv with ma family when read this
lol...i had the same thing happen to me with my wife.
yup with lots of hard work appreciate
obviously we need to take the side if the daughter and saver her from a banker and a douchebag.
stop giving them ideas.
"my boyfriend is lost in this delusional 'get rich quick' fantasy. he bought . he piled in on top of it with his life savings, and now he is deep in a hole. 'it's okay, it will bounce back!' he keeps saying. 'it's just the hedge funds keeping it down!' as he pours more and more of his paycheck into dog coins. i hoped introducing him to my parents might help - my dad's a banker and is about to retire next year at 46, so i thought maybe he could take him under his wing. but as soon as my boyfriend stepped through the door he started trying to convince my dad to put his whole 401k into something called a meme coin. i do not even know anymore, i'm at my wit is end."
don't make a whole universe out of it xd
don't forget the mothers pov!
humor is a thistinctly human trait. it needs combination of emotions and intelligence. bots cannot do it. so yes my friend you may be right here.
the origin is only a mere moon farming attempt. this reply is on another level from a creativity point of view.
yes, kinda like how a lot of people hate on doge, but we have to admit it brought in a lot of people into crypto who might now have moved on to good projects such as eth. give people a chance to learn and grow i guess. plus we wanted adoption anyway, so this is it.
he's also a good father.
let's find the daughter's account so we could like it!!!!
will leave that to the professional shitposters, but i look forward to it
someone do the family dog
damn. use the moons they earned to mint it as nft? i love the idea!
what a coincidence! i'm eating pasta right now lol.
that'd be scary if it actually exist tho
well done, why so small?
how can you make those tiny mau fucking letters?
got to respect the speed
that’s awesome. all in good fun.
and spam resistant, and the greenest coin, and truly decntralized, etc.
going over a lot of people's heads, makes some of the responses more entertaining though
its fine,we know ;)
probably because that other post just came a few hours ago, not many may have seen it.
from the wolf of rekt street
oh damn send me that one to dm!
we aren’t so original lol
i'd love for it to subvert expectations and have the gf be some crypto mastermind feeding her bf questionable advice for personal gain.
i'm not quite so sure...
op gonna be moon whale after this post
the hedge funds are keeping you from tipping moons
all she ever wanted was a hard fork.
anything for those moons lol
well that escalated quickly
i guess you will lol
all air nothing of value.
because he holds none.
dca’ed 30.00 took out $.30 😂
what is the right one? i heard cumshibaelon is safe.
wait for the daughters perspective and then the mom’s
as long as there is no paywall i'd definitely watch it xd
for next episode we have to wait untill next week.
venting soup series! 😂
don't save her. she do not want to be saved...
*moon farmers typing vigorously*
noooooo we do not need a whole universe out of this lmaoo
>but it wouldn't exist without the original, got to appreciate the origins > > > >kinda like how a lot of people hate on doge oh god. i thought you were going to finish the sentence by saying 'but do not realize the majestic shiba coin wouldn't exist without doge'
you're convincing me to put
lol a superhero who spreads the gospel of crypto tech?
or a great shitpost novelist
no doubt about that
i'm never gonna reach that level of shitposting 😔
please do not do animals
i smell a proposal
you sound just like my ex.
if it was big, the sarcasm wouldn't kick in lol
i appreciate the acknowledgment. hard for me to read tone on the internet lol, apologies
you're saying everyone else is not on reddit, in this sub, 24?
you just have to type ! [gif] (giphybogbksm9gugp9jpvly) without the spaces. it only works on mobile though
hey, anything for those moons amiright xd
and her carpet munched, instead she got a rug pull.
yep, gotta step up my moon farming game!
wait… you two know eachother?
why do you think that? and how are other cryptocurrencies not "all air nothing of value" in comparison?
that’s what they said.
that's what they said
and then the mom’s boyfriend. can’t forget about him.
they can launch an entire novel based on it
can't wait for the mom!
i wanted to give you an up but i'm not a man that ruins a 69 😉
someone has to be the one to do it! we need the next episode of this crypto inspired story!
i for one cannot wait for the trilogies to start popping up.
would bang the mom 💥
speculative daughters perspective: i've got my daddy's fiat and my boyfriends wallet address. wen lambo
heard the mom served slices of chocolate cake right into bowls of bean soup
and then their cat's and dog's perspective.
every story is a better story than twilight
that does not add much value to it
you read or watched that? lol
deliverance is a better love story than twilight.
twilight of the safemoon
me and safemoon are even better love story than twilight.
we need to complete the family trilogy lol
i wouldn't suggest it. but quite honestly, if you had put that , you could have sold it right now for a profit. i would have taken that profit and put it into my dca pool for eth.
don't fall for it soldier!
and a bank executive
"a gripping read that keeps you hooked from start to finish. u, captivate their audience solely off the back of three words in small font. highly recommended. ⭐⭐⭐⭐⭐" - me, the new york times.
but you did not give that guy a hug yet?
nope but i'm here 4 hours a day to moonfarm moons.
! [gif](giphybogbksm9gugp9jpvly) aww i cant do it
he reputation was at stake
you're doing great fam!
its not something i think. its just reality. other blockchains have whole smart economies emerging. ada still waits on its first smart contract. its an absolute joke and will leave many, many bagholders.
and after that perspective of dad's boyfriend. he is also important.
oh, so that’s how that guy is called. my mom usually kiss with him when daddy isn’t at home. ![gif](emoteemo_pack_1dancing_wojak)
looking forward to hear an outsiders perspective. good call, good call!
you mean the neighbour?
holly shit you should think about going to novel author school. it probably doesn’t exist but damn!
wait till the secretary hears about this! 🤣
coming soon to toomics.con
and then op is apparently his daughter's boyfriend's mom's boyfriend because he is a chad
the vibrator has ai?
dont forget the balls
i was insulted when i saw that shit. it felt like a slap in the face. sparkling? horrible, cringe shit...hate...that movie was just terrible.
fair enough and makes sense!
*that’s what she said*
lol they probably jetlagged
remove all the spaces after the "!" and this only works if you have a premium subscription (or if you're replying to another gif)
thank you my man, trying my best! (or worst lol)
yes, i have not been impressed by the project and the founder does not instill confidence.
i’m partial to short stories.
it’s a play on why vampires don’t go out when the suns out. rather than burn and die like most other types of vamps. they shine in the sun and makes it quite easy to target them and know they’re vamps. oh dear the things you do for a crush in high school. lol.
you just never no bro...
by “banker” he meant he spends a lot of time on r
the deed is done
if crypto makes us all our own personal banks, does not that make all of us technically banking executives... 🤔
hence the cocaine induced speech
the same can be said of your shares with these clowns. that goes go any pfof platform out there. funny how gary and his homies have all sorts of shit to say about crypto while the actual space they should regulate is a house of cards. go away gary, you’re drunk.
fuck robinhood and fuck citadel. move your crypto off when you can.
just fucking arrest them!
no we don’t like them
looks like another tale from the [citadel](
tldr; citadel ceo ken griffin lied under oath when asked by us representative juan vargas if citadel had any collusion with robinhood. "let me be perfectly clear, absolutely not," he replied when asked if he had any communication with the robinhood ceo vlad tenev. "turns out there was communication between them ()," he added. if the leaked documents are verified, griffin could be facing major charges or a possible prison sentence. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
ken is literally a lie kamikaze ready to fuck a jar of mayo
i don’t trust them or their services.
lol a citadel ceo lying? what has the world come to?
no cell, no sell
fuck both of them.
that's gonna be a big no no for me dawg
screwed me out of some huge gains with gme, will go down as the most blatant abuse of power i have ever witnessed. after that i no longer trust the financial system we have in place and will always park 90% of my investments into crypto.
citadel is a criminal organization parasitizing on society which should be forbidden. and just to note front running is illegal which is their main business.
guy looks like my step dad and i fucking hate my step dad.
one of the most difficult, full of shit, selfish assholes i've met worked for citadel.
my dream is to see citadel removed from existence. i know more shit like them will just pop up. but i still want them gone.
>the global coverage is the new generation news media company intended to keep its readers updated with the right technology solution. trending news, games, gadgets, software, computers, smartphones- the global coverage helps its readers to know about everything running around the world in the field of technology. >we are engrossed upon getting you the most resilient news that you can trust upon to be dependable, which include exciting news about startups, innovation, updates, and solution. with the global coverage, you can just be sure that the product reviews or the analysis we get for you, evolve from in-depth and devoted research work, which is sufficient enough to avail you with the best decision-making experiences. this is not a good source of news. this is what i would describe as garbage news. there are no facts or sources. this is 100% opinion.
the longer they take to cover, the more we uncover... drs 🚀♾️
these guys get away with everything. i wouldn't even let them control my remote.
he really looks like robinhood assholes dad.
liquidate citadel and robinhood, that is the plan and i'm sticking to it.
the connection now between steve cohen and the mets and tezos is forming as well, he’s stated he wanted to push the envelope for crypto progression. personally i’m still not over that sexual assault lawsuit from s.a.c in 2014, once a pond scum, always a pond scum. we are coming :)
now imagine what did not get leaked. fuck the rules
also, ken g’s pals at point72 (steve cohen, another toxic hedge fund) have a lot of investment in c0inb4se. the rotten roots run deep in our financial world.
this post needs more recognition.
they can go away.
all my homies hate robinhood
personally i am shocked and appalled
i tell my friend all the time to pull everything out of rh but he thinks the convienence of it can’t be beat. he also claims the ui is very appealing. but of course any exchange you can’t pull your keys off of (rh, venmo, etc) are looked down upon by most users here.
i already sold all my stock on robinhood when that happened and went to a different platform.
i like the stock
citadel = economic terrorists
well let me tell you something "when i was a boy in bulgaria"...
i do not even want them to exist actually.
i interviewed there. ok, they did not make me an offer and i'm a little butthurt about that but in case you were wondering, that place is asshole central.
last time i checked lying under oath to the senate is a crime. so is market manipulation. and so is having quite a few guys collaborating to commit crimes. ## write to your representatives, make it trending on twitter, make some noise. they will keep on stepping over the law as long as people let them do so. forcing them into the spotlight can turn them into fall guys. while doing so, cc senator warren to tell us how crypto currencies are bad and enabling crimes due to lack of transparency, and that they need bailouts.
i hope folks are not using rh for crypto anything.
you know what? they kinda already do
we need to make something happen. this is bullshit. these fucks will continue to rape us unless we get together and demand they take action. vlad, kenny everyone involved. let’s make them take pfof off the table. it was created by bernie madoff and out in place to allow for corruption. without pfof they can’t dp our buys or keep them off lit exchanges.
what's the difference between the media calling something a "conspiracy theory" and "truth"? 6 months.
after the gamestop shit show, i could not trust robinhood with any financial endeavors.
public documents show most people lie about everything all the time. nothing will happen and never will because the exonomy is based on scams.
no shit they lied. they always lie
if true this is messed up. people could have lost a lot of money
hell no to these groups controlling crypto. this is why crypto was created to be decentralised and fair to individuals
so thiscouraging. why can’t these fuckers be stopped?
take your mayo elsewhere ken!
whats the legitimacy of such leaked documents? i mean they show exactly what people were thinking and what people want to think. so it is easier information for news venues to get people to believe. so how can we know these kid of documents are not fabricated? honestly curious, cause i do not really like just believing it at face value.
my life savings are in safemoon cause it’s safe.
any dumbfuck that uses robinhood for crypto gets what they deserve at this point.
i got on the ethereum subreddit and got downvoted for saying don’t trust robinhood. the fuck man? i’m glad at least not everyone is delusional as them.
at the risk of huge down votes i would like to point out that while my instinct is to immediately agree with the article due to my current feelings about robinhood, the grammar and casing in the article is terrible. not only that but the quality of content on "the global coverage" is subpar at best. this brings into question whether this article is trustworthy or not... i would urge op to find a second, more reputable source
oh there are still people who use robinhood? must tough being that dumb.
communication != collusion. fuck this is dumb
snitches get stitches! he’s probably having ptsd
here my poor man gold 🏅🏆🎖
nope don’t what them doing anything for the people, self interests only is their mo!!! ✋
not sure why anyone is surprised by this. have an award.
it's no issue breaking the law when the fine is nothing compared to the profits
lying sack of shit
no say it is not so. interesting take on the truth
they will never control my crypto.
know that most of the centralized exchanges are operating in similar ways, and even if they are not currently, they are subject to being strong armed by institutions that only intend to restrict our access to economic opportunities. please consider, and start researching, how to move your coins off the cex and into a wallet. especially if you're following the drs transfers, you should know that preventing these hedge funds from leveraging your assets on a cex is going to be essential.
no, i do not want them to control my crypto. not like they can, but still. keep your grubby hands out
no one wants anything to do with that fake money shit.
let’s all watch how our government treats billionaire white collar criminals! he may be forced to be driven around in a regular s class instead of a maybach. that’ll teach him!
buy a ledger, avoid these fucks
stay in your lane crypto currency …. this boss has been spoken for
100k fine for them both and this will be swept under the rug! then they will begin blaming the average poor for not knowing what they were doing.
and absolutely nothing is going to happen to him unless we get together and protest.
so is citadels ceo getting some kind of punishment or just another slap on the wrist?
seriously fuck these guys
robinhood and fuck this guy, and fuck steven cohen too. fucking fucks.
it was odd seeing too many robonhood ads...
fuck citadels and all homies hate him.
everyone have their torch and pitchforks ready??
no cell no sell
this is the best tl;dr i could make, [original]( reduced by 70%. (i'm a bot) ***** > when robinhood and citadel were taken to court by the retail investors, citadel ceo was asked by u.s representative juan vargas under oath during the gamestop house hearing, whether he had any communication with the robinhood ceo, to which he replied straight face. > breaking ????. citadel ceo ken griffin lied during the gamestop house hearing when asked by u.s. representative juan vargas if citadel had any collusion with robinhood. > in the document shown above, the coo of robinhood gretchen howard is giving heads up to the robinhood ceo vlad tenev about a scheduled meeting with citadel, to which the robinhood ceo vlad replied that he should have a talk with citadel ceo- kenneth c. griffin. ***** [**extended summary**]([faq]( "version 2.02, ~600301 tl;drs so far.")[feedback]( "pm's and comments are monitored, constructive feedback is welcome.")*top* *keywords*: **robinhood**^ **citadel**^ **ceo**^ **griffin**^ **document**^
of course they did but the feds won’t do anything. they are to busy setting up fake insurrection rallies and ignoring mass shooters.
one day they will be punished. jk, chances of that happening is same as shiba coin hitting
if you guys think robinhood won’t hault trading on crypto then you’re as dumb as you look. just watch. it’s insane people haven’t left them when there are tons of other trading platforms and plenty of crypto exchanges.
at the end of the day i’m here to make money. not interested so much in tribalism or maximalism. not sure why this subreddit is so obsessed with robinhood. if you only knew all the fud and unethical shit going down daily behind the scenes in crypto...
the dude just looks corrupt.
is this legit? this article is full of bad engrish.
rick and morty predicted this
if you use rh you might as well work for citadel.
scum, i wish karma was an actual thing.
anyone else just blow over these leaked documents and collusion issues in politics and big money because you know nothing is going to come of it anyway? i'm even surprised it is news anymore. just showing us this information to make us feel more grumpy about everybody who's rich getting away with criminal activity all the time.
citadel is as shady if not more than enron was
same fucks running the pump & dumps in the stock market run that same play in crypto too. fuck these guys, real fuckin' scum bags
why would anyone still use robinhood for anything?
not your keys, not your coins
notice the similar patterns with popular cryptos? computer algorithms…...
what the fuck is "the global coverage"? site looks about as legit as the 1 karma users coming in here shilling dildocoin-5000.
why dont they just strap them to a lie detector. this is 2021. why the fuck are we believing anything they say.
defi is the future
you need to stop voting against parties you do not like and vote for individuals that dont get bought out. it's so simple, but most of you will cross off a senator because they also hold views opposite of yours in other areas. stop complaining and do something about this shit, earn the right to critize.
the worst possible source. this article is incredibly low quality if you really read it.
in what sense do you believe they’ll have control over your crypto? regulations don’t give banks or investment firms the power. it might give them slight upper hands but in crypto that’s a lot harder to do than stocks.
what exactly can robinhood actually do with our crypto? besides it "not being ours", what about it? i hold crypto. it goes up it goes down. my value reflects everyone else's. what is the problem.
if leaked documents show that, then they should be charged and arrested and convicted, or settle out of court maybe or something. if that does not happen, odds are, "leaked documents 'show'". is likely a stretch.
can we please get this guy in jail already?
so i hear this post was trending...just an ape trying to do my part in getting back to the top spot! nothing to see here, just a future trillionaire
uh oh, the gme people are going to start thinking they are going to be billionaires again
finally the world is begining to see, what we have been trying to fight for, over at r. we have connected the dots, done the dd. we are all millionaires it is just we have not been payed yet. we got these fuckers in a corner, and all they do is go off and cheat the system just because we found out they made bad decisions. gme to the moon, they are willing to crash the market to avoid the greatest transfer of wealth. buy shares through computershare to cause max pain and drs your shares through computershare. this is the way.
this is a public service reminder that centralized exchanges can (and likely are) controlled by these financial terrorists. find the wallet that will hold your coins, and get your money safe.
gme is over. move on guys and gals.
pleeeeaase throw the book at him
they would never do that!
help me out guys what brokerage do you use instead of robinhood?
and yet sec wont do anything. instead they will come after stables and coinbase earn. the corruption is why cryptocurrncies will eventually win.
i hate both of them but there’s a difference between communication and collusion. what we need is proof of collusion.
let's be real, we have no say over whether they get involved in crypto, it is a "who has most fiat wins" kinda game with even less regulation than stock markets.
i does look like it’s human him in the the video
guys like those in citadel and robin hood have a special place in hell awaiting . they are crooked and a worthless bunch of cockroach. fuck them all.
i use rh for regular stocks. but fuck that to crypto
fuck all those fuckers
a corporation steals your money and that is part of the plan, but when we do it, everybody loses their minds. *"embrace a little anarchy."*
let me express my shock...smh
these fucks get away with this but if i decide to use an exchange the us doesn’t “like” i get banned and money froze? hmmmm double standard much?
technologist : treason attorney: treason. mid- wide: treason second- hoe who is off in ribs m wrong: treason. anyone otherwise is a pos and you make no sense
to no ones surprise
and you can bet your money they’ll do it again. they don’t care for fines and punishment because it’ll never cover for the damage they actually do to retail investors. they always come out on top. that’s the world we live in.
started crypto with robinhood,,, so that’s about all i owe them,,, people need to wash their hands with this platform,,,
rich enough to be able to admit and get away completely...
fuck citadel and robinhood. these are the repercussions of trusting centralized entities.
bro i though crypto was decentralized????? how can a firm control a decentralized thing???? 🤔🤔🤔🤔
not your keys… you know the rest.
he lied?! i hate when people do that.
yeah rich people got connection. wish we could see one of them actually get locked up. another bernie madoff
big money, you can lie hnder oath! no money, jail!
deep down you know, if anything it will be a slap on the wrist with nothing changing.
no, but i would like to get the crypto i bought through them off of their platform.
at this point anyone who uses robinhood who is also on reddit is literally asking to get scammed
it’s not really lying is it ? it’s more weighing. weighing the cost of lying and making more money. i’m guessing this is the standard thought for these scoundrels
lies told under oath means nothing to rich people or politicians(which are normally rich people in the us).
don’t care, make money.
this makes me more angry and wanting to buy more shares of fav stock
doesn't matter. the rich rule the world. didn't the johnson and johnson ceo get away with child molestation some years ago?
in short fuck citadels and robinhood
janet yellen most likely wants that
uh, gee george... i do not know
comment to pump this shit up to 9000!
laws,and taxes are for poor ppl
he looks like the proud owner of a micro-penis
not to mention this little boy from bulgaria had not even yet met his big daddy ken prior to the january sneeze event. fuck robinhood, fuck citadel, honestly fuck the way the stock market is allowed to operate currently, period.
ken griffin should be in prison along with vlad and many more, but let’s start with citadel and rh
with all the social media, i'm surprised any gen z or millennials would still be using robinhood. 😔
i am going to make a shit about fuck prediction, nothing will happen to them for this.
leaked documents show rich guy has not and will not face consequences for his thisregard for the law.
trust me as someone who is an ape you do not want this.
fuck these old bags trying to stymie regular people making money. corrupt pieces of shit.
gawd, i thought that was jamie spears
when will the people stand up for themselves? these scumbags just keep breaking law after law and no consequence? if i ever have kids i'ma tell them, the key to success is cheating, lying and stealing as much as you can, but do it smart and once you're worth millions of dollars it would not matter if you get caught
we are a threat to the establishment. they know it, we know it.
will he be punished? or will he be able to get away with it?
fuck robbinhood and fuck citadel!!!!!
i cannot imagine anyone having a substantial amount invested through robinhood after they stopped the game in jan.
do i want them to control my crypto? no. but seeing how everything works there’s probably no chance for us to actually do anything.
fuck all these people.
i’ll be interested how this story influences ’s trading price on monday… just had my shares called away on friday so glad i don’t have to worry
> do yours to control your crypto too? too late
i heard his favorite animals are a liar and a cheet-ah 🐆
managing risk is far more important than chasing returns. in the crypto market, you can be rich slowly & poor quickly.
enough reasons for us to not use any of them from now on.
i watched the whole thing live on youtube. it's still there the citadel guy looks worse than zuckerberg, both like fucking ai.
and what is the sec gunna do to punish them for this treachery!??!
any more sources? this is a garbage article, full of misspellings.
mash em!!!! bash em!!!!! skin them alive!!!!
no shit! we all knew this already, and what will happen to them?…oh yeah nothing!!
for those of you who didn’t read the article and email chain: citadel ceo said there was no collusion with robinhood. email chain(if true) confirms that robinhood ceo had a conversation with ken(citadel ceo). details of that conversation still unknown. more smoke, for sure, but still need more evidence. vlad tenev will likely have to thiscuss what was said on that call(if it happened). it’s important to keep an open mind and understand that just because they spoke, doesnt 100% mean there were nefarious actions. they will almost certainly deny it either way, but i am very curious if more evidence can be dug up.
cant believe people still trade on robinhood
fuck you pay me
thank you! finally thiscussing the real problem
sec do something for once
for those who don’t know.,a hedge fund is a pooled investment fund that trades in relatively liquid assets .
no i do not want anyone controlling my crypto
let rh control your crypto would be scary af
can we please get an article that wasn’t written by a drunk 13 year old?
hope he goes to jail real soon.
cersi plotted against everyone
i'd be surprised if anything happens to citadel or robinhood. i'm sure their political backers have nice wallets filled with crypto.
commenting because this guy thinks congress is his bitch
if people were to study the whole process of the stock market they would it is a big scam, and it needs to change forward to be fair for every one, and not just the elite and the rich.
steve cohen point72 has control with crypto 🤷 those fckers... ken griffin jeff yass and steve cohen
so usual behavior brought to light. is anyone even surprised?
old ppl who do not understand the future and do not look into future should not be in charge.
not your keys. not your coins.
i'm sure the reason most people here are eager for rh crypto wallets is so they can move their crypto somewhere else.
and just when i thought i cannot hate robinhood any more they prove me wrong
isn't this that kenny guy? what a douche.
a ceo lie to get out of the shit... never.
no cell, no sell. \
it's like he cannot stop. it's like he would not stop
my cryptocurrency ''*private key or seed phase*'' is an oath i've sworn to keep and protect out of cex without question. who give a fu*k about collusion between robinhood or citadel - i do not. you simply go over to defillama.com or other defi sites, choose a dex of your choice, connect your wallet and never worry about robinhood again my friends. end of story!
of course he lied, his lips moved.
that’s what they do best
this mother fucker deserves a life sentence! (don’t forget his friends tho, they deserve it aswell)
relevant gif is relevant. and low effort. ![gif](giphy6nwhy3ulbl7gscvkw6)
they all do it, only difference is that sometimes they throw one of their own under the wheels to please the masses.
i cannot understand why anyone would keep their funds on rh, move them to another exchange, it am not that hard.
why does this not surprise me?
this guy should rot in jail
yeah but rich people can’t commit crimes. silly rabbit.
this is why finance can’t be centralized. this is why decentralized finance is the way to go. it’s the only way forward. this insider stuff needs be at a minimum. it’s the road to a better less corrupt future. also why are these people not in jail?
oath doesnt mean anything these days smh. people in power dont fear the oath anymore
i am just here to say fuck them. i hope they get punished for wrongdoing.
dude they are just destroying the good opportunities that brings crypto
centralized system,stocks,currency,and treasury bills. long live bitcoin decentralization !
a few years ago i put in just one grand in robinhood to trade a stock and the exact thing they did with gme they did with my stock. that was my first and only time on robinhood. they are criminals.
getting away with crime in plain site because you are rich. justice, equality and liberty for all.
the concept of “decentralized” is eventually going to be nothing but , if things continue apace
lied under oath? shocking! how could this have happened??!
buy gme and take this guys money.
this is why we transfers all of robinhood’s crypto on to better platforms when possible.
nothing will happen to him unfortunately
crypto are high end scams. it's mlm but on steroids with a very smart build up and some people might actually make money out of it.
robinhood can get fucked
thank god for the few competent us representative juan vargas.
unfortunately, that is not a reliable source (just look at the spelling and grammar errors throughout the entire thing), however, i'm hoping its all true. while we would all love to see "prison ahead for him", that will never happen. best case scenario is that this does end up busting the fraud case wide open, and creating new laws
mom! get the camera! i was here too! 💎 🙌
or perhaps the us needs to follow malaysia and some other countries and publicly administer about 20 strokes with the cain. i think that would serve as a reasonable deterrent.
the world is watching
they will just throw money at this and make it go away. nothing we can do.
fuck you ken and rh, rott in hell and have a horrible slow death
a ceo lied about something...? come now... this is just a misunderstanding. a ceo would never lie ...
mass non-compliance will never happen because most people would rather take the path of least resistance and continue living their miserable lives... so fok the sec.
crooks and liars. fuck the following: * financial institutions * mainstream media * sec * government * the guy that lets his dog shit on my front lawn.
lolz... dude will probably pay . fuck them all!
watching ceo’s compromise their humanity to be soulless puppets is everything that’s wrong with the world, they run our governments, our politics, our businesses, everything, they run everything
not going to lie, the grammar and awful punctuation in the article make it read like a shitty facebook post. i question the integrity.
i’d rather get robbed in the hood then use that broker
i would love to see them comit to some fucking jail time...this should not be swept under the carpet...honestly fuck them all
nothing will happen to them beside a fine that is 0.00000000000000001 % of their portfolio, i guarantee it
they should make lying under oath illegal
the gamestop squeeze debacle killed robinhood for me. i use fidelity for stocks and i buy crypto through gemini and coinbase. i was expecting gamestop to go to .
worth mentioning the documents were not leaked. they were shared under thiscovery and made available to the public.
those individuals deserve nothing, but jail for all the financial crime. i hope there will be justice.
thought the point of crypto is that no one can control it
i mean come on are we really surprised? smh can’t wait for the wallets feature to open up so i can transfer my coins out of rh.
we know. we literally fucking called this. the game is rigged. eat the rich.
the timing of them 'almost kinda having wallets ready, recruit your friends to skip the line" is suspicious at absolute best
he deserves a nice cell with window to his chicago office
fuck shitadel and robbinghoods
what a pile of shit this guy is
jail time is the only way to stop this bs
oooh shits about to get legally spicy! they both royally fucked up!
hear that? that's the sound of the thunderous, veiny, girthy cock of the law coming in to fuck him for perjury.
cant wait for him to go to jail for a week, thatll show all those rich pricks
uhhh yeah so they lied about collusion but they definitely didn’t lie about covering their short positions …
so how the hell do i take crypto off robinhood from my understanding if i have crypto on rh i don’t actually own or posses the crypto so how can i move it to a wallet?
holy crap lois neil breen was right
can literally see this little worms eyeballs reading a script above the camera lol
would never use robinhood. i can’t believe people would trust them with anything after seeing the corruption they’re a part of.
goodness, surely we are *soooooo* surprised to hear this……,.,,…... xd smdh
us government is literally a joke for letting all this happen... blatant first class fuckery
nope. and they don’t. ditched them over the last fiasco. fool me once . . .
i knew we were right this whole time🥲
throw those greasy fucks in jail and flush the key
anyone using robinhood is asking for them to steal their money.
people, here’s a thought, stop using robinhood. how many times do they have to fuck you to make you look past their engaging user interface jfc
that's a negative! no way
if sec does not go after obvious outright criminal activity like this, and just keeps putting pressuire on cryptocurrencies, i'm gonna start doubting that sec is here to protect americans whatsoever.
let's put a hedge fund and a market maker under same roof. what a great idea! and while at it, let us add a brokerage so that they can suck up all the benjamins from ants. i suspect there must be a politician or two behind this. go after them first.
everyone has a news site now, i am gonna start a fucking news coverage site too.
this is just the stuff we know about. imagine what we do not know.
mate... you're gonna get so many moons.
if you’re trying to short citadel through robinhood when citadel accounts for about 15% of all robinhood revenue… come on guys 🤡
robinhood scammed so much money from regular people especially during the pandemic.
where can i move my crypto besides coinbase? my coinbase was hacked recently so i am reluctant to use it, but i want my crypto out of rh.
robinhood is a scam. they do not actually let you trade crypto, and the "we're introducing wallets in the future!" announcement recently is no different than the "we're working on wallets" announcements in the past. they're still kicking the can down the road, it is just now a shinier can. they do not buy or sell crypto, they just take your money, minus some hidden fees, and probably invest the money you "bought crypto" with until you say you need it back. they're betting you want it back at a loss. there is no evidence they buy crypto. no wallet, no address, you cannot see the transaction. you're just putting your faith in the most thishonest trading platform in the united states assuming they are doing the right thing. anyone who uses robinhood is a sucker. they target young, new, un-savvy investors for a reason.
i think it is quite retarded that there has to be an oath before lying in court gets illegal.
let me guess…... no one goes to jail 🧐
no cell no sell!
wow what the actual fuck. these dudes are 100% criminals.
i wish we had a stock market on blockchain. no more fuckery, you buy shares, you sell shares, nothing else.
has this been verified? i don’t see other news publications talking about this. this would be a huge scandal if it gets verified.
yet ppl are still using robinhood, wait for the next big issue like this, which will happen, just so they can complain online. lol
this was the most obvious manipulation we have seen.
something cryptocurrency and game
dont worry, he wont be punished in any way
wow, i thought that i was on wsb for a second…
if you have crypto in robinhood, just wait until their wallets come out. then send it from your robinhood wallet to any other wallet. that way you won’t have to worry about selling it and re-buying
it's pretty cool seeing this crossover between my two favorite investments (gme and crypto)
can’t wait for this zit to pop
this has been removed from trending. sus af
fuck robinhood. and thats that.
lied under oath... \*and not a damn thing was done about it. you forgot to add that part.
does anyone in this sub actually hold crypto on robin hood? if so you need to tell your significant other that they deserve better and make them leave you.
i really hope they can add this layer2 to the stock market. might be the only way to protect retail investors. nft dividends with smart contracts. it’s the future! looking forward to a decentralised future and being able to use my crypto to pay for everything. the new world is closer than we think.
i do not want these financial firms anywhere near my investment. citadel, robinhood and point72 are very, very close with one another and balls deep in crypto. sooner these crooks are in prison the better. meanwhile sec chasing the little guys and ripple. nuht.
got out of robinhood almost a year ago. on binance.us and weeble now. never looking back.
a day does not go by when we're reminded how laws, rules, and regulations only apply to the poor but to those in power or with marginal wealth can simply do as they please.
no i dont. but if they make an exchange at least i can get my crypto off robinhood without having to sell and pay taxes
gme should be in that title yes or yes
oh man this boob made it to the crypto page🤣🤣🤣modern day bernie madoff
i do not want them anywhere near my money.
fines don’t work. actual hard jail time does.
no that’s exactly why when this wallet is out it’s going to my trust wallet
for me the most incriminating thing are not these documents. the way that rhd implemented a policy they knew would be massively destructive to their customers with no heads up, no opportunity to plan was absolutely criminal. nobody talks about this.
ok ok but let’s see them do something about it !
nope, dont leave your crypto on exchanges. i like layer 2s like incognito personally
well, rh is going to soon provide everyone with the ability to withdraw to a wallet of their own and take full custody, so i find many of these arguments to be losing muster. if they get you the same price on trades as cb (yet to be seen) with a 0% fee and allow you to withdraw and take custody, i don’t see that as a negative for consumers and it may create more competition and drive down cb and other brokers’t use rh.
wow. so much info leak.
can anyone explain whats happening here?
i think there needs to be a very serious push of retailers and i think that a lot of us need to follow in the footsteps of like mcafee to start transacting only on decentralized exchanges removing myself from unconstitutional tax laws. income taxes are unconstitutional no matter which way you cut it. and crypto gives us the opportunity in the ability to stand up against that and make them find another way. if we had more people who are interested in using the power of crypto tobuild the middle class instead of using the power of crypto to rob people behind a smoke and mirrors curtain. we would be dangerous
and nothing will be done about it
i suspect politicians will actually try to make an example out of him. only because they know people are watching and it is drama. 10 years ago, he would have been given a million dollars and congratulations for screwing dumb money.
he belongs in prison
is a site dedicated to all of the crimes he has committed so far
the rich protect their own. is that really so surprising?
i will never use those platforms.
when you have enough money you can escape perjury.
this guy looks like data from star trek
people still use robin hood?!! 🤦🏽 please stop 🙏✌🏽
i'm selling stonk for crypto tomorrow. not all of it, but de-risking
as soon as robinhood enables wallets, all my coins on coinbase are going to my robinhood wallet.
i just want more people to buy crypto. if they’re doing it via robinhood because the user interface makes them feel comfortable with crypto, i’m all for it. hopefully though their fees to transfer out of the wallet won’t be ridiculous. because ultimately.
to be honest once amc and gne trigger the stock market fall the government will say some bs and make a bill to fix it but in that bill will have some law that will have them control like the stock possible or destroy it like if they cant co troll it they will want it to fall but if we apes become rich we can be more rich possible billionaire like if we band togther on 1 coin we could make it something big and cash out and be super rich like for example safemoon if we join forces after the stock market gets fix drop millions on safemoon and promote it alot and have the developers drop the wallet and the phoenix project does well and same time have these hedges answer some question saving time for us to push it to 0.01 cent we could come out richer like imagine one of us drop 100m and cash out at 0.01 that be like 500b that would set you ol a new billionaire and be our ape in future stock war
[i want you to get mad](
yet people still use robinhood despite all of the negative feedback.
typos make me doubt the validity of articles. i do believe there was foul play, but come on writers. read your pieces. e: cmon its in the very first paragraph and its a glaring one. reminds me of qanon.
funny how in the wake of the gme fiasco, when all eyes were on hedge funds and what the regulators were going to do about it, the narrative of "nfts kill the environment" fired up. all the public's focus got shifted to, yet again, why cryptos were bad (this time targeting the political left- a demographic that would otherwise be very accepting of a new tech to thisrupt established money). and amid that, we saw no justice served to the hedge funds, citadel, robinhood, or any meaningful regulations to prevent this from happening again. it's like the sec and pressure on them from everyone suddenly stopped and turned full-force to defi and crypto. seems like an awfully convenient thistraction.
exactly this, they would not get punished for this either.
wake up people... dogecoin is robbinghood bread and butter! stop getting scammed by these criminals!
i love how they praise their new wallet feature. it's the most essential feature to have if robinhood wants to call themselves a crypto exchange. the bare minimum.
while we're at it, fuck the sec and fuck the ccp
i just cannot understand why someone would still use robinhood after everything that is happened over the last year or so
“let me be perfectly clear, absolutely fuck citadels and robinhood “
pretty sure you cannot withdraw crypto off robinhood.
yes, come to binance. funds are safu ![gif](emoteemo_pack_1safu)
they are basically a mechanism go hoover money out of the little guy after screwing over big investors already
you mean cash it out and buy somewhere else. unless anything has changed recently, it can’t be moved any other way since you don’t technically own it on robinhood.
would you recommend binance instead
there simply is too much info about rh and their corrupt activities. at this point anyone still using rh is complicit in their actions. there is no two ways about it.
ugh is it better to transfer my stocks away or just sell and buy somewhere else?
time to short robinhood stock.
hi. i’m new. where do i go to buy? i have crypto w robinhood ty
i got an email from rh (i had an account before they pulled that shit in jan) that their wallet is about to be available. or already is and you can get one. that’s the worst thing they could have done to themselves. you’d be an idiot to not transfer from them now. i get not wanting to sell, transfer money, buy back in. but transferring is easy.
i'm going to request an opinion if anyone does not mind, it is related to this comment. do you all think moving all my crypto to nex0 wallet is safe? because i wanted to only use that as my main one. thanks in advance and hopefully i'm allowed to ask this.
what crypto? not your keys, not your crypto.
no one should use robin hood now.
yeah, i did months ago. it was obvious that robinhood was corrupted the moment it happened. fuck them both.
adding to this, you have to pick your poison when it comes to custody, as with all things. the pro of centralized custody is that you cannot fuck it up, the con being that they often fuck it up for you. however, if you take on decentralized custody and fuck that up, nobody's responsible but you. all you need if you want to go the decentralized route: [trezor.io](
if your still on robinhood. shame on you
youd be stupid to sell your crypto when they make money from you selling...
they only care about lining their pockets.
yup. will anything happen to either of them because of their perjury? depends on how many politicians citadel bought.
pretty sure coinbase has ties to citadel and point 72. correct me if i am wrong.
say no to robinhood. say no to banks. tell your friends. i wont use any infrastructure unless its decentralized. decentralized is for the masses. the common man.
i second that emotion.
unfortunately you cannot move your crypto (from robvinghood) as you do not own it. you must sell your position with them and repurchase through an exchange (incurring capital gains).
citadel and robinhood pumped the ever living fuck out of doge.
cause cororations and billionaires are evil buy steven segals new anti bilionaire coin that keep billionaires from living under your bed. i got sick of writing how u think
you mean robinhoods crypto
your list of fucks is a few short
sorry to hijack top comment but i’ve been trading crypto for 7 years now and never buy it on robinhood. if you don’t own the private keys do not store your crypto there. no matter the company. i highly suggest getting some sort of cold storage solution and storing the key phrase in a safety deposit box and memorize the words if you can.
yeah, the authorities are all over it. all over it. like, definitely will happen. no doubt.
fuck that time to sharpen the guillotine
maybe in a perfect world.
ok who's going to send the law? oh wait, the same officials that were bought like cheeseburgers by citadel
u read my mind. 😤
rich people always gets away with their crimes easy
or just use the technical achievements that others have shared with us to check out of that system. i do not want these people punished. they are just playing the game that emerged from the system. i just want to stop being forced to subsidize them. it stops being a problem when people get their financial privacy and freedom back.
the legal system is a tool used to protect wealthy and power people, not hold them accountable.
> just fucking arrest them! the world would be better off arresting you. being the target of reddit is conspiracy theories is not a crime.
yet people seem to always be trying to use them. i guess if it’s the easiest and people’s only means but the flags are constant and people can’t help themselves it seems
this is the answer
all my homies hate robinhood and citadel
my momma don’t like them and she likes everyone.
they *make* the rules.
obviously not, if we break the rules we get sent to jai. when they break the rules its a slap on the risk or a small fine that just go into their friend's pocket
they do not need to because they always get away with breaking them.
*rules for thee, but not for me.*
agreed, though i think robinhood are especially dangerous. they are the crack dealers of investing, getting a lot of people hooked on their product and then trapped in the ghetto they have built.
i'm pretty sure nobody apart from boomers think that - and they are not relevant anymore.
don't worry, i'm sure now that we have proof of this he will be going to prison, just like us poor people would be if we did the same
they do not but they r bound to get caught sometimes... i guss nobody is tha slick if yet it is all sure luck.
they buy politicians like cheeseburgers.
all my homies hate robinhood.
fuck ken griffin. fuck steve cohen.
ahhh, i was hoping that is rich and morty reference
>absolutely not give this man the biggest cap 🧢
>griffin could be facing major charges or a possible prison sentence. carlos might get a friend soon.
going to have to thisagree with the summary. major charges or prison sentence are not going to happen.
>possible prison sentence. i'll *give away* my . "ain't no way. ain't no f---in' way." - future in "mask off" edit: why in the f-word did i think this was 2 chains?! thanks people commenting. my smooth brain got the best of me in the moment.
is this literally just a moon farming bot
major charges or a prison sentence? give them both
sadly, ken will donate bigly to congress and will face no charges at all. however, a low level employee at citadel possibly a janitor will be confirmed to have communicated with rh. they will shun him and he will get some prison time as is tradition. or they may just look the other way completely and charge no one. after all what are people gonna do to hold them accountable?
“facing major charges” we all know he’s just gonna be fined a fraction of what he makes in a single day.
can't stop, would not stop
no one even understand their services or trust them.
this is why we need defi, to avoid nonesense like this
who would have thought!?
normal people would go to prison for this shit
but that is illegal, they wouldn't do something illegal like that right?
it’s not just lying though, he was under oath
> a ~~citadel~~ ceo lying? what has the world come to? fixed it for u
i'm betting a bunch of people who still have crypto with them will move it out the day they enable their wallets.
i've literally never heard of them but i'm also not american. would you mind explain more about why they are bad?
you're exactly right. and i had to scroll way way way way way down this thread to find anybody pointing this out. that tells you a lot about the quality of thiscourse in this subreddit
this is the way 🦍🖍️
it looks like it is getting there. kenny would not go to jail, but their lies are getting exposed.
> citadel = economic terrorists conspiracy theorists like you = thiscourse terrorists
he probably did not lie. these guys tend to be pretty good at plausible deniability.
i hope folks are not using rh ~~for crypto anything.~~ fify
do you know of other exchanges that have no fees buying? i have crypto in an actual wallet to keep but still use rh for trading
he'll probably get less time in jail than that if he even goes.
people tend to forget that there were thousands of real conspiracies in the past. nowadays, this is just a term to shut any different opinion
> what's the difference between the media calling something a "conspiracy theory" and "truth"? > > 6 months. 9 months into your cult and you're still a cult. weird how that works.
kind of embarrassing that you are the only one questioning the legitimacy of the source
your life is not safe now
literally cannot go tits up!
this is the weirdest news website. a mix of tech, asian dramas, and anime. i'm not complaining since i'm interested in all of that, but it is weird. it's more kotaku than kotaku.
yeah, this article takes the true source and cuts it into garbage. read the court documents.
the article links to a [class action complaint]( that includes screenshots (presumably from thiscovery) showing robinhood communicated with citadel the night before they restricted buying. specifically look at pages 81-83. imo there is no smoking gun showing they colluded, but it shows robinhood was aware that citadel had a problem from the short squeeze, and they had a friendly relationship. but the claim here is that ken griffin lied under oath that they had no communication. i need to go back and check exactly what he said, but it sounds likely. edit: if ken was responding to a question whether he had direct communication with vlad, saying no would be technically true. some of their top people communicated but not the ceos directly, from the looks of things.
you need not go any further for source, as the very source of all this was uncovered here on reddit. the damn fine detectives over at r. and yes, it is all true.
lol thats like 1960 tech
it’s 2021 and you still think lie detectors are real and accurate
they’re just roleplaying as revolutionaries. they want the ability to spend tardcoin to buy a mcdouble, which we know does not matter as they would want to hold their coins, not spend them.
no! stop saying moass would not happen!!! shorts have not covered yet! ree! delusional bagholders brigading other subs. not a cult!
tell me you're a dumbass without telling me you're a dumbass
they fucking shorted the stock knowing the buy button would be turned off. what the fuck else do you need to know?
right? only the 23 dollars i have in my wallet...these guys are robbing me for 1000%s in gains.
cute. you have not been paying attention. bitcoin is the only coin that is not centralized. and they can absolutely control crypto via derivatives, just like gold & silver.
dude, rich people do not go to jail unless they get really scared & decide to sacrifice obe of their own
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check what just happened on twitter and the trending hashtag about ken... i feel we truly live in a matrix and have no idea, what is really going on behind the scenes and how much so many collude to control and screw over the average joe.
nothing will ever change until people are held accountable. sometimes you got to be more like iceland.
we should all do what we can to help others move off of their trash.
i will make sure they are punished if i have to become a fedboi myself. weak ass thought process here. we will hold them accountable
"we, the authorities takes this very seriously" *give fine for like *
naaaaaah they are me focused on the interest on stable coins like coinbase lend products 😂🤣. these lot are so corrupt it is actually funny because they know nothing will happen to them so... why not fuck with the system in every way possible. buy crypto 🙂✌🏾
they’re never punished. smh
they will be punished. the punishment is a 10% fee of the proceeds of the crime. you rob a gold depository of its contents and the penalty is a finger wagging and one gold bar. the problem is the punishment never fits the crime because the individuals tasked with handing down the sentence are part of the crew. when they win, we lose. when we win, they change the rules...and then we lose.
citadel buying politicians like cheeseburgers.
just like the 2008 crash! just 1 had to do time, when at least 1000s should...
they will when people finally all pull out and their stock drops off straight to hell! 🔥
fuck robinhood they are shit
the safemooners praised their ...calculator. when there is is not much they sometimes have to praise the bare minimum.
i assume there is 2 people who actively use robinhood for crypto. 1. people who trade stocks and looking to expand into something new 2. people who are new to crypto and heard robinhood is all the buzz
its like when thanos commits genocide but he is not a liar
fuck the sec, fuck the ccp, fuck the citadel, fuck the robbinghood and fuck fuck fuck
fucc ohio state too
what about the fcc???
chino xl, fuck you too!
and fuck violent j.
u forgot to include the occ
fuck ea while we’re at it
we live in a society
simplistic ui with pretty lines and too lazy or indifferent to spend the 5 minutes it takes to transfer...i do kind of miss the app it is good for beginners who do not need more data, but i trust my broker now. as for crypto i would never buy somewhere you cannot transfer it off of. robinhood is so shady they probably do not even have everyone's coins in their hot
stupidity. it’s stupidity. the answer is stupidity.
it's also the cheapest with the best spread. as much as all of you will hate to hear that
cheap margin combined with lack of fees. only broker with cheaper margin is interactive brokers, but they have some crazy fees. does that make it a good enough reason to use rh? maybe not. none the less answering your question in good faith.
people seem to forget, this was not just robinhood.
robinhood has a 0.3% apy.
bc im in ny
they're still one of the most user friendly trading interfaces. that's why all my money is fidelity but i still check the watchlist on robinhood.
for crypto? hell no. if you are actually buying and holding stocks tho the recurring investments feature is fantastic. it's funny because most rh users do not use rh for actually investing and holding stocks... but imo that is the best part of their app.
they have a wallet now, but it has a waitlist to get it, which is hilarious. so in the meantime 99% of their customers cannot withdraw. i was banned for posting this out in their subreddit and the admin wrote a snarky response back about how he didn’t read my message then permamuted me when i tried to thispute.
i think they’d have to sell their crypto, then transfer that over to a real exchange. one major flaw with this though is the tax implications. pretty smart of robinhood to prevent sending of crypto assets tho, to keep those customers on their platform and in charge of the keys.
i wouldn't touch binance with a 10-foot pole after the shenanigans they pulled in cooperation with brave browser. a binance widget suddenly turned up on the brave startpage after a browser update, and some users had problems with it taking for-ev-er to load (like you had time to make a sandwich, and maybe even eat it too, when you tried to open a new empty tab). after complaining to brave and getting crickets, users figured out amongst themselves that the load time was in direct proportion to the size of a user's bookmark file. 😒 so basically binance was rifling through a user's personal bookmarks without notice, much less permission. (i suppose there are other possible explanations, but both involved parties remained silent and therefore left us to assume the worst.) brave never did fix it. i guess binance was paying them well for the access. affected users had to install an unrelated new-tab plugin to bypass it.
coinbase, kraken or binance - otherwise hardware or software wallet. would recommend binance over robinhood.
depends on the stocks, and how you typically trade. if you tend to buy and sell the same stocks frequently (i.e. day trading, weekly or monthly) and all are showing profit then selling is fine. if you're holding long term (>1yr) then transferring is better so you do not run into tax issues with capital gains.
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you’re right. my bad dude. (edited)
ofcourse they are! im certain they are, maybe.
hey look, it is another bootlicking sheep, that thinks it is ok that hedge funds commit billions in fraud and only pay millions in fines. *spits on ground*
it's documents. like. actual documents. from them. how is this a conspiracy theory?
not just the men. but the women and children, too!
and not just the men.
i just like the fact they stopped me from buying more gme and losing more.
and then they change them when they start to lose
they *are* the rules
rules that only apply to poor people
the same ones they still would not follow.
they are the rules
*rules are made by the powerful, for the weak*
exactly. the "fines" a little more than the cost of doing business.
and fuck vlad tenev
richard and mortimer perpetually 2 and a half score mortimer!
loves mayo, hates the truth.
butt buddies. just remember to say no homo
yeah he answered that they didn’t collude and that he personally did not speak to vlad. the leak suggests a representative from citadel talked to robinhood not ken griffin so he was able to technically not be lying. you’d need to prove that they colluded to prove he lied which if they’re not morons they left no paper trail
even if the leaked documents are real it is not really proof of collusion anyways, just proof of communication. communication is not illegal. even our governments talk to our "enemies". doesn't mean they are working together. but of course that "if the leaked documents are verified" is a bit part. they might not even be real. considering it is claiming to be a court document you'd think it would be an easy verification.
dibs! not saying it will happen, just that if it does... you know. dibs.
how dare you thisrespect mr future hendrixx like that
> sadly, ken will donate bigly to congress and will face no charges at all. however, a low level employee at citadel possibly a janitor will be confirmed to have communicated with rh. they will shun him and he will get some prison time as is tradition. or they may just look the other way completely and charge no one. after all what are people gonna do to hold them accountable? congress (the legislative) has nothing to do with the judiciary or its decisions. your conspiracy theory relies on literally being too stupid to understand 4th grade government class.
i'm shocked i tell you!
its not going to make the news either because crypto is a "joke" to people who dont understand it lmaoooooo people lost insane amounts of money over this but just cause there are memes involved us internet degens get no love.
*illegal for ye but not for we* - fine print
now i cannot say what illegal they would not do now after all tha.
but they were under oath!? you cant lie under oath!!
oh no you’ll have to pay for *premium* robinhood to enable external transfers! *probably* 😅
regulation doesn’t seem to work given events like gme and 2008 crash occur. democratic governance which is going to be massive with coins like ada will prove that we don’t need government meddling. i firmly believe someone really high up in our government pulled the strings necessary to block the buy button with gme. i’ve lost all faith in allowing humans to control anything i put my money into.
remember the whole thing with wall street bets and gamestop and amc stock? citadel was the hedge fund on the other end of that whole thing, i believe.
they make their money by front running with hft technology, basically when someone places an order their order will be executed first on the exchange. now you probably ask how do they do that? they have routing tech that will make sure that their order will go first to the exchange in fractions of seconds. that is why they are paying for order flows. most zero fee brokers sell their clients order information. as a client you do not pay a fee but there is a chance your order would not be executed or at a worse price. the moment you hit that buy button your information is already at citadel or any other hft firm and their order will be executed before yours. citadel, virtu, flowtraders, imc & optiver are the biggest players in this game. this is illegal and criminal, unfortunately our legal system does not understand it or looks the other way.
hey one can hope
you can clearly see they short american companies to death.
he specifically lied under oath about both the fact that there was communication between them and melvin and robin hood. he said there was none which now we know is not true since they had zoom calls and meetings. he also lied when asked for the reason they thisabled the buy button. in his testimony in the senate he gave some vague technical reason while now we know it was coordinated market manipulation. you can find videos about both cases in twitter and youtube.
jail time??? they may give him an award or something. trump will probably call him "smart" at his next rally. (ken is a major donor of the gop)
yeah, no. tons of things prople believe deserve the label because they’re batshit insane. the truth can be known on some issues and it matters.
you forget there are thousands of conspiracy theories in reddit everyday that never happened. you only remember the ones that are true. grow up.
what do you mean? as long as i dca...
it was also a very specific question that he was asked. "did you talk to them about restricting or doing anything to prevent from buying in gamestop, anybody in your organisation?" the documents do not prove that this happened... so it is a big nothingburger really right now.
much better. it will be interesting to see how this plays out. the sentiment at the time was pretty savage towards robinhood, and it still is imo justifiably so. it pays to have friendly relationships with platforms, but my pea brained understanding of the situation is telling me that this was a short timeframe direct manipulation of the markets via restricted trading. let's see how the lawyers hash it out
where in these documents does it prove he lied under oath?
i just hate the stock!
anyone still holding who didn’t sell in the 400s. they’re pretty fucking stupid.
tell me you're not in a cult and that you're not bagholder? prove it to me.
it’s not what i need, you dipshit. it’s what would hold up in court. if the conversations that were made public were brought up in court, they could say yes they communicated but there was no actual collusion.
iceland actually sent bankers to jail after the 2008 global crisis. we barely fined a banks in the us
' ![gif](giphy26n6gx9mocgs1puukdownsized) the rich being held accountable? lol
nothing will ever change until their is mass non-compliance. it does not have to be violent gandhi proved that, but it has to be massive. it is the whole concept of the emperor wears no clothes. when critical mass does not recognize their authority, the whole thing snow balls on them. they know this, this is why they wanted control of the levers to wealth in the first place, as there are a few levers in life that can control people, the big two are money and defence, if you can decimate someone financially and only provide them just enough, they will grumble but they will not kick over the apple cart. if you can thisarm them, they will only grumble under their breath.
you mean very cold?
instead of overthrowing the government - we can *become* the government
their calculator was pretty laughable. it could not even do floating point arithmetic. 5= 2 according to that pile of steaming garbage lol. calculator my ass
so i have some safemoon, but i even laughed at this. my phone has a calculator that works just fine thanks 😂. initial wallet launch was a thisaster and then massive dev team changes after. i don’t want to see anybody lose money, so i hope they’re successful. but i’m already counting my money as gone, even though i’m near my break even.
people becoming accustomed to mediocracy
move your shit to another app and close your account. open accounts allow them to count you as an active user in their promotions. fuck rh
it isn’t genocide because it’s random.
lol... awsome analogy 🤣
fuck the government,fuck the system and fuck amerikkk fuck biden fuck harris fuck kenny and fuck all the shitee hedge funds fuck em all
i understood this reference!
ohio does not exist
hate them, the fcc won’t let me be.
what about the faa?! edit: guys c'mon, get it? because we going to the moon? we need air clearance to launch? nevermind
after all my years of watching movies and tv shows, i can say the answer is always 'love'. so you're right.
they turned off selling when their buddies were pumping for them. they also do not actually give you anything, so it is just a *representation* of crypto.
yup. that was why everyone used robinhood. they made money from pfof. and as long as you do not bet against the house you're fine. but that is the price you pay. the brokers that halted buying of "meme stocks" used pfof. citadel got them by the balls and frauded retail that day (they also restricted doge). rh is cheaper, but has unequivocally fucked over retail when it benefitted them. they'd fuck you over without batting an eye too. if you think that is worth paying a bit less, then go for it. as long as you're never betting against them you'll be fine. but obviously you'll never find yourself positioned against them. probably not.
super tinfoil bro, not like anyone has ever been locked out of their wallet and [lost]( thousands of bitcoin. or was it that robinhood owns your coins? try and send them to another wallet. i’ll wait here. didn’t realize advise was such a negative thing here.
> hey look, it is another bootlicking sheep, that thinks it is ok that hedge funds commit billions in fraud and only pay millions in fines. > > spits on ground hey look, it is another dumbass conspiracy theorist that thinks their fantasies are real.
> it's documents. like. actual documents. from them. how is this a conspiracy theory? me: [posts your reddit posts] also me: "omg look! crimes!!!!"
my mom hate them
all our homies should hate them
hating robinhood is part of the culture
you wouldn’t have lost any if they wouldn’t have stopped you. duh 🙄
i never got in on all of that but good for the ones that are doing well off it.
> exactly. the "fines" a little more than the cost of doing business. any fine would always be greater than the profits. you do not get to keep the money after robbing the bank, kiddo. look up restitution. you are literally peddling the stupidest bullshit that anyone could buy into.
at least carlos was honest to us, given he gave half of the truth which is still a whole lie
don't worry. you can have all . screenshot it.
thanks for setting me straight. i have no idea what my brain was doing.
oops. i corrected it. i do not know wtf i was thinking. thanks.
he lied to congress dumbass. so yes they would have to pursue perjury charges. he did not lie to the fbi or to a cop. at least think before you troll.
>its not going to make the news either because crypto is a "joke" to people who dont understand it or because, as the article says, the documents are unverified and as the document itself says it only shows communication, not collusion. there's another thread where someone suggested the idea that the meeting might have been citadel forcing robinhoods hand instead of the intent being collusion. [
the situation was not about crypto (the lying under oath) tho robinhood has multiple times also blocked trading on crypto during big swings
holy crap that is brilliant and evil
that would be lame lol, but it is like . worth it is to get your crypto assets out of there for good.
i wouldn't be surprised in the least
wouldn't put it past them honestly! or they are only gonna have a few supported cryptos for the wallet such as doge.
citadel is both a hedge fund and a market maker. this is a huge advantage in stock trading, because orders can be routed between these two entities outside of lit markets in dark pools and these transactions would not affect lit market price. citadel is the largest market maker for robinhood and provides liquidity for pfof data. it pretty much analyses retail sentiment and routes robinhood orders to dark pools to gain an edge over transactions. one of their subsidiaries, melvin capital, was majorly short on gme during the january gamma squeeze and citadel took over their position with buy-write calls and fuckery with futures, while generating negative sentiment by forcing robinhood to thisable their buy button. they did not close their naked shorts on gamestop, but are still kicking that can down the road through various means waiting for retail to give up. right now retail is upping the pressure by transfering shares to computershare, so that the shares are actually registered in peoples names. once all the shares are locked up that way, there is no way for citadel to continue to abuse their market maker position by creating "temporary" shares out of thin air (under the guise of providing liquidity). the share price will rise and they will finally get margin called on their short positions they were supposed to have closed half a year ago. edit: check the dd on r , for evidence
oh there is so so so so much more than that, it would make your head spin.
> you can clearly see they short american companies to death. it's literally not possible to "short a company to death". absolutely stupid claim.
not eveything is a conspiracy, but some things definately are
yes, some are true and some are false, i know that
text messages from vlad tenevs phone reveal they met and were in contact to collude to stop buy orders
yea at most the documents mention a call where they will likely make some demands. doesn't seem to say they agreed to anything together.
oh hey you called me a dipshit. well done.
we actually gave them more money
one time someone made a bank of america foreclose on itself, iirc
was anyone held accountable?
did iceland have fellow hedge fund managers and bank presidents running the regulatory agencies and enforcement? until the us stops putting fellow wolves to guard the henhouse we'll never have legitimate regulation and enforcement.
that made me so happy when iceland did that. we need to purge our financial monsters in the us.
well, the end goal is to screw the small man like us over, so nope
i wish fuckin them
and unfortunately mass non-compliance will never happen because most people would rather take the path of least resistance and continue living their miserable lives.
and this here is why american politics is divide and conquer. no one, not the right or left, want reconciliation between the two divided halves of america. the right hate the left and the left hate the right and no one catches on it is the same damn elite fleecing their pockets. how to keep a kingdom? tell the pitchfork people the torch people wanna take away their pitchforks.
btc will help on cold storage and with dexes trated. those who are using robinhood are poor human beeings and get ripped off.
>nothing will ever change until their is mass non-compliance. it does not have to be violent gandhi proved that, but it has to be massive. this is very, very true it has to be massive
kinda like the citadel of ricks
i do not understand. just sell it and reinvest in a coin that is worth a damn, especially if you have not even lost your initial investment yet
well except for cedar point and put'n bay
or let me be me so let me see
sheep like you ignore what the banks and hedge funds did in 2008. this helps to ensure you do not have to deal reality. but yes i'm probably just drinking the kool aid and, 2008 must have been a conspiracy to... pathetic.
my mom's mom hates them and she am not even here anymore.
correct, instead they fucked us and took our money illegally and there is no recourse for the little people.
it was a typo. it meant to say that "the fine is nothing more than a cost of doing business". in other words, it is laughable because it is not a fine at all. the only reason any fine is ever issued is too apease people because they believe the public is too stupid to do the math, which some are.
> like if one opened a short position prior to turning off a buy button? that kind of collusion? anybody with a brain would be shorting the shit out of a 10x price spike. it's free money.
> he lied to congress dumbass. so yes they would have to pursue perjury charges. he did not lie to the fbi or to a cop. at least think before you troll. congress (the legislative) has nothing to do with the judiciary or its decisions. your conspiracy theory relies on literally being too stupid to understand 4th grade government class.
communication cant be collusion? the two arent mutually exclusive. i see what youre saying though but regardless someone is doing something wrong. and i doubt anyones going to get punished for it. doesnt make a difference whos behind it but someone did it and i doubt anyones goinf to be fully compensated for their losses. no where in my message did i say anything about who did what and who was to blame. edit: why are so many people replying to my post challenging me????
you say its not about crypto then say its about them blocking crypto trades during big swings. k dude lmaoooooo. i promise im not as ignorant as you think.
you really need to educate yourself on naked uncovered shorts, phantom shares, cellar boxing. shorting a company of the exchange is the most profitable ting anyone can do. full profit, no tax payment at all, no regular book, and almost invisible to the public eye and regulators too. these practices have been going on for years now. and they are perfectly "legal" - loopholes exist, fines are cost of doing business, and participants like citadel just exploit their position as market maker, hedge fund, and dealer.
look up cellular boxing. its on a forum from 2004. literally explaining how to do this
exactly. so it isn’t just a term to silence different opinions like the person above suggested.
well that is the part we're they lied. in the congress meeting back in january they said to the congress that they never had any talk between them
"oh i'm sorry to hear you've lost all that stolen money mr. wall street firm, how about i go ahead and just wire you this fresh batch of tax payer cash."
mass compliance. or thisobedience
couldn't be more spot on friend!
honestly? probably a little bit of sunk cost fallacy in that i already have time invested in research of the coin and time spent hoping. it is overall a small part of my portfolio (i have about ), and there is always the chance that it makes another run. i can’t say exactly why, but i would actually be more mad if it ran up and i had sold out, than i will be if it cuts in half. with that being said, it’s the only one i legit feel this way about. i have some other trash coins that i did just recently sell out of to rethistribute to other areas. moved from crapcoins to coins that exchanges use. i’m pretty bullish on cro. if they get a few things together i think they could be bigger than binance. it’s a hell of a name.
they try to shut me down on mtv, cause i got my diamond hands on my pp.
> sheep like you ignore what the banks and hedge funds did in 2008. this helps to ensure you do not have to deal reality. > > but yes i'm probably just drinking the kool aid and, 2008 must have been a conspiracy to... pathetic. ah yes, the crime of... *checks notes*... being victimized by bad packaged securities? how dare those banks be victims. grrr.
i heard my moms neighbour hates them too.
i’ve seen scammers on ig with the same picture
> it was a typo. it meant to say that "the fine is nothing more than a cost of doing business". in other words, it is laughable because it is not a fine at all. the only reason any fine is ever issued is too apease people because they believe the public is too stupid to do the math, which some are. it is literally never profitable to get fined. no company wants to get fined, or found accountable for any sort of illegal activity. you are taking your own stupidity and applying it to others.
bro gme was going into the ,xxx range because of math, if they had not shut off the buy button.
oh yeah just ignore the fact that they turned the buy button off. people could only sell.
sigh and you do not understand how congress works. they would have to ask the doj to investigate it. seriously, they have a sergeant-at-arms for subpoenas though they never use it.
i guess you're illiterate or just trolling cause i said "tho" instead of "though". my comment spoke on the fact that the matter thiscussed in the linked article is about stock manipulation (should not be hard to find it might not be allowed to mention) and i added an extra mention that even then robinhood is not good for crypto because they also block those on big swings. i responded to the guy linking crypto and the big losses together cause this time it is about securities.
although it can be used that way. for example, one lady in a hearing a while ago over vaping and the fda, explained how states recieve money for cigarette sales and that is one of the main reasons why they wanted to ban vaping. senators questioned her "madam are you saying there is a conspiracy going on? that is crazy!" but it literally is a conspiracy and they literally do want vaping banned mainly for that reason. so it can for sure be used that way. but not always.
in the lawsuit filed against them they had vlads phone taken for evidence and these messages were found
hmm the only video i've been seeing is one where they were asked about "collusion" specifically. is there a different video showing the question about communication?
“i mean if you think it’ll help 😢”
and print you a fresh batch too
i missed out the 'non'
shit in the streets
send me 400 and i’ll have to admit
wow. the boot licking sheep in you would probably be able to come up with a reason your spouse fucked 30 different people behind your back. again, pathetic. also, you do not need to highlight the entire text i just sent, you genius. i know what you're responding to.
how fucking dumb are you? if a company knows it can spend a thousand dollars to make a million, time and time again, then the "fine" is nothing more than a simple cost of doing business. this is not a hard concept to understand.
> yeah not if you knew it was gonna keep going up. which they did. > > we basically got confirmation in these legal docs?wonder why robinhood whos 30% owned by citadel decided to pco securities they were losing on? only to have a conversation with rh then open a new short position. really?! lmao. they "knew it was going to keep going up"? why did it crash like a methed out junkie 12 hours into a trip then? they might have known something, but it they knew anything it was that it was going down. and let me tell ya: that does not exactly take a genius to realize.
> oh yeah just ignore the fact that they turned the buy button off. people could only sell. as testified to congress and repeatedly shown (and literally proven with their financials release for ipo), rh had no choice in the matter. that's also irrelevant, because again: it was only ever going one place. down down down. any spike like that is free fucking money.
> sigh and you do not understand how congress works. they would have to ask the doj to investigate it. seriously, they have a sergeant-at-arms for subpoenas though they never use it. prosecution must be pursued and handled by the jurisdictional ag (in this case, the attorney general of the us). this is literal, basic understanding of government. nobody's going to get fucking arrested in the chambers. you're beyond delusional and willfully ignorant. your conspiracy theory relies on literally being too stupid to understand 4th grade government class.
crypto sub reddit specifically talking about crypto. so crypto is apart of it therefore it is about crypto. you said it isnt about crypto. youre wrong i am right.
yep, labelling something a conspiracy theory is often used to shut down anyone questioning the official narrative
again, where is the source of this information?
> wow. the boot licking sheep in you would probably be able to come up with a reason your spouse fucked 30 different people behind your back. > > again, pathetic. > > also, you do not need to highlight the entire text i just sent, you genius. i know what you're responding to. oh look, the 12 year old bible. the only thing you forgot was a "your mom" insult. just remember, no matter how hard you cry on the internet you cannot change your fantasies into reality.
9 out of 10 dentists hate him
> how fucking dumb are you? if a company knows it can spend a thousand dollars to make a million, time and time again, then the "fine" is nothing more than a simple cost of doing business. this is not a hard concept to understand. any fine would always be greater than the profits. you do not get to keep the money after robbing the bank, kiddo. look up restitution. you are literally peddling the stupidest bullshit that anyone could buy into.
because they thisabled the buy button? not sure if troll or insanely stupid.
most likely a shill. back to zen mode
ah yes the too big to fail argument. make sure mayo man answers the margin call
rh has been inconsistent in their claims that they had no choice. we still have no idea what the actual final margin call price was. dtcc number is different than rh number. rh only had no choice because they were hit with a margin call and pressured by market makers who fund their entire business with pfof. what about all of the other brokers that restricted, did they also have no choice.
i will say this very slowly so you can understand. no one checks every testimony it is only when congress usually that specific committee is presented with evidence then ask the doj to look at the testimony. you sound like a walking dunning-krueger narcissist.
it's literally the first paragraph of the article. please, i literally gave you a chance to correct yourself.
here is the redacted version case is ongoing so full version isnt out but plaintiffs can see the redacted parts and leaked them which were vlads text messages
i just looked at your post history. i really hope you're paid to do what you do here on reddit. this is maximum pathetic.
you have got to be the most ignorant fool on reddit.
yes they thisabled it lol
> because they thisabled the buy button? not sure if troll or insanely stupid. rh does not even handle a significant amount of the market's brokerage and you're pretending they are some sort of monopoly instead of a niche player.
> omg you can’t read nevermind. > > it was going to go into the thousands. hence them telling rh to shit it down. they knew it would keep going so they stopped it. nobody stopped anything, lmao. it was always going to crash. literally every single bubble pops. rh does not even handle a significant amount of the market's brokerage and you're pretending they are some sort of monopoly instead of a niche player.
> ah yes the too big to fail argument. make sure mayo man answers the margin call are you having a literal stroke? nobody mentioned anything of the sort. liquidity requirements are requirements, not suggestions.
> i will say this very slowly so you can understand. no one checks every testimony it is only when congress usually that specific committee is presented with evidence then ask the doj to look at the testimony. you sound like a walking dunning-krueger narcissist. congress (the legislative) has nothing to do with the judiciary or its decisions. your conspiracy theory relies on literally being too stupid to understand 4th grade government class.
“do you want them controlling your crypto too?” is directly what im replying to lol i read the article you dunce crypto money loss would never get attention on the internet because people dont understand or care if a company is at fault. people lost insane amounts of money over gamestop and nobody is going to take it seriously because its a meme. why dont you go do something better with your time lmaoooo besides arguing with people you dont even know about something so pointless lol like youre in the wrong bro you just misunderstood my message and never asked yo clarify because. the way you understood my message was “wrong” when in reality if you wouldve politely asked to explain my “spur of the moment” poorly worded post, that means nothing and should mean nothing to anyone mind you, i couldve gave you a better explanation of what i meant instead of taking it at face value and getting upset about it. the first part was if they were controlling crypto they could basically do whatever they want because it wont make headlines. people lost an insane amount of money in gamestop and it rven that, a legitimate stock, isnt getting any attention because its a meme and no one takes it seriously. so heres my original post again to make you realize youre getting so angry over nothing xd so what if crypto was controlled by them?(direct reference from the title again “do you really want them controlling your crypto?”) its not going to make headlines either because crypto is a “joke” to people who dont understand it it lmaooooo people lost insane amounts of money over gamestop(replaced with “this” because thats what i meant which i thought would be implied by the people who read the article but apparently i have to explain for idiots like you who scrutinize every reddit comment sorry lol) but just causs there are memes involved us internet degens get no love.
so where are these leaked texts?
> this is maximum pathetic. i can see how you might think so but [it is pretty on-brand for them.](
> i just looked at your post history. i really hope you're paid to do what you do here on reddit. > > this is maximum pathetic. i just looked at your post history. i really hope you're paid to do what you do here on reddit. this is maximum pathetic.
> you have got to be the most ignorant fool on reddit. project harder, baby. maybe if you try hard enough it will magically warp reality so that common law does not apply?
> he’s a shill yes yes, you think everyone with an education is a shill. you may go back to your hole and indulge in your fantasies of "moass" now.
yes they did stop it. at the very least, rh themselves stopped any purchases of gme,amc, and many others. many other brokers stopped trading, and some severely limiting buys to 1 share. this was not isolated to rh. other brokers include larger ones which do handle significant amounts. there was also an interview with ceo of ibrk who admitted this thing was going to keep going. the fact that it was known it would continue, and that many brokerages restricted buying, proves that this was a coordinated collusion involving numerous parties, including robinhood, citadel, dtcc, and numerous others. i suggest you look into this more before continuing your claims.
how funny, according to their testimony they weren’t facing liquidity problems, o wait but they where. so why did they lie?
holy shit you wrote paragraphs to tell me to go do something better with my time.
here is the full version in there are the texts
so many tries to just get the original shit lol
tldr; a youtuber named ice poseidon allegedly stole us,000 from his fans by convincing them to invest in cxcoin, a cryptocurrency that he created solely for his pump and dump scheme. after convincing his fans that this would be a long-term investment, the streamer pulled the rug which caused the cryptocurrency to nosedive to a value of basically nothing. he allegedly used some of the remaining us,000 to treat himself with a brand-new tesla. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
coffeezilla posted his interview with this guy. absolutely shameless and unapologetic.
lmao is that ice poseidon?
e n z a d e n i n o
so ice poseidon is a piece of shit? wow. i for one am shocked. absolutely shocked. i don’t think i’ve ever been so shocked before. shocked.
we need youtube downvotes!!
ice poseidon is such a douche. anyone who has had the unfortunate experience of watching some of his early twitch stream days knows how thishonest he is.
sooner or later his smile will fade
if you know anything about ice's fanbase, they very likely think the scam is hilarious.
ayeee its ice piss
if you throw money at internet influencers in any form, you deserve to be ripped off.
it's almost like idolizing youtubers is a really stupid idea
straight to jail. damn poseidon. you can check out the full story on coffeezillas channel: [
this guy has balls doing this in a country that allows people to carry firearms.
wait...did he really buy a tesla?? how has he not been caught yet????????
lol of course it’s ice posideon. ngl, if you bought a coin promoted by this guy you deserve to get scammed and you knew you were being scammed the entire time. nobody takes this guy seriously.
“guys the career grifter won’t grift you this time because he pinkie promised!”
elon was not wrong when he promised you would be able to buy a tesla with your crypto...
oh i'm familiar with this guy from reddit posts from his subreddit used to make it to the top of . crypto really corrupts people. i remember i invested 14 btc in a company back when btc was worth like 4 used each. in 2013 btc went crazy up to like 1k each. i got an email from the company that basically said "i started this company with the best intentions but all of a sudden i have 800,000 dollars and i cannot help myself. i'm stealing it. sorry" ultimately the joke was on that dude because if he had just stayed the course and kept his company (it was a mining operation) legit he would probably be worth hundreds of millions of dollars.
can we start throwing these crypto scammers in jail already? especially if they are showing their dumb faces like this
coffeezilla made a video about it. it's worth to watch.
this is not a crypto problem, it is a scumbag criminal problem.
his ass should be seating behind steel bars
he would drive a tesla
hopefully this story blows up and the authorities get involved.
lol. ice piss. idiot
and i thought bitboy was the pinnacle of influencers being shameless
this is the same guy who tried to pick up a girl in a bar by showing her how many viewers he had on twitch and when she rejected him he threw a temper tantrum live on stream. this guy has no shame or humility.
karma will come for you bro
probably won’t go to jail but they should definitely sue his ass.
youtubers fleecing stupid people, what else is new. if you lose your money to this moron you're too stupid to have money, it is economic darwinism at work.
90% of crypto is just a grift
it's almost as if you should not just give money to influencers. we as a collective love to anoint and then just give away money to celebrities, even f list types like this. bizarre. especially considering the us has such a large wealth gap. you'd think there would be a fuck-celebrity movement.
buys a tesla. very fitting and elonesque of him.
f this guy, hope he gets caught
he will issue a fake “apology”, regain all his followers, then do it again. a youtuber called “techlead” did the same type of rug pull and is now back to making videos.
my skin crawled listening to him in the call with cv
i've met narcissists like this. make my skin crawl. absolute cunt.
praying only bad will happen to this scumbag fuck!
coffeezilla has a good video on this
is not this the same dude who used to do edgy irl streams a few years ago?
lol there goes his career
looking at you techlead
everybody knows ice posideon is a scam artist who became a popular streamer for his money laundering coke scams.
stop believing in youtubers or influencers. their whole existence is to make you buy stuff
and this is why ppl shouldn’t use youtube ppl as idol, all young ppl are fucked …
let’s fix this title: “idiots give their money to popular youtuber in the form of crypto currency because they’re idiots”
imagine following a youtuber for financial guidance
fools and their money
in other news, idiots lose ,000.
dude is asking for a hit on him
bet he does not pay taxes on it. report him to the irs.
of all the cars he could have bought with that ,000 and he gets a tesla,smh.
this dude literally is as dumb as a bucket of dog shit. like not even saying that to be insulting, he just actually does not possess enough brain cells to understand what the fuck he’s doing.
burn down his place of residence.
hopefully his tesla is a lemon and causes more trouble than joy
so is not he gonna get done for fraud?
i think hes unpopular now
hopefully he can to prison for fraud.
this dude is back at again smh
just prosecute him already, and everyone else creating these pump & dump situations too.
it’s not alleged, he admitted to doing it. watch penguinz0(moistcritical) video on it. dude admits he took the money and won’t give it back. dude is top tier scum shovel
anyone that knows about cx and ice and still thought putting money into this was a good idea...
he is gonna get very, very fucked.
“ehehehehhe fuck it dude”
what a dumb investment. cars loose their value so fast…
when this guy dies nothing of value will be lost
that's how you get killed.
anyone trusting ice may be a bigger idiot than he is
just sounds like a gofundme for idiots.
if you dont want a bunch of government bs in crypto then stop buying bullshit coins! your greedy, short sighted asses are not doing anyone any favors losing all your money to these sharks. if you dont dyor, then daddy government will do it, and they will make sure your wallet remembers the collective irresponsibility.
i'm sorry but how fking stupid do you have to be to put a single cent on this legit person
oh no if only there was some kind of regulatory body or enforcement agency responsible for protecting consumers from this kind of thing...
sounds like a real nice guy. maybe his next move will be stealing from a charity
whenever i see his face pop up these days there is some garbage going on, lol
karma is a bitch. one day, he will thisappear and i don’t mean his youtube account. i mean him! because one day he will mess with the wrong person and there’ll be nowhere on earth he can hide.
this dude in the us? he going to jail.
scams, steal, flaunts candidate is selected to become a politician in future
he did not steal it, you fell for an scam trying to get rich.
chart does not really look like a rug pull?
i find a lot of the responses on here amusing. everyone complains about crypto potentially being regulated and then also complains about people like this. you have to pick, if it was regulated this wouldn’t happen or at least it would be punished, but because it isn’t it’s effectively like the wild west. do your research and don’t invest in shit, not really that hard surly?
i joked around with some family telling them if we could make a meme coin that was cute and catchy we could pull the same stunt. thing is i’m not a sociopath so it just stayed a joke.
it amuses me that the ad at the bottom of the article is "order the ledger nano s crypto hardware wallet on amazon". ^((which, by the way, do not do--buy your hardware wallets direct from the manufacturer to avoid scams, or if you ever do buy from a third party then for the love of god make sure to initialize it with a completely new seed, not whatever "quick start" seed might be included <--- because if they tell you what your seed is then they have 100% written it down already and it is 100% a scam.))
anybody here saying "if you are dumb enough to get scammed, you deserve it" is completely inconsiderate for others. the point is it should not be this easy. we need to educate masses how to prevent this. not to talk down someone because they are lacking iq or two.
that just makes me so angry.
sounds like he overpaid for that tesla.
we found someone worse than bitboy.
ppl say he should go to jail and or etc etc, but why would he go to jail? how is it any different from elon saying invest in doge, or any other stock trader saying invest in a coin and then pulling their money when they wanted to? dick move, yes. would i advise ppl do it, no. but if ppl invest in a coin that has no connection to function other than what would theoretically be a dump by anyone who invested, creator or otherwise. is it any different than if someone created an avatar on meta, got really into it, had fans who invested and then one day decided they were bored of it or made enough money and left? once again, im not supporting this guys actions but really...?
popular youtuber got caught stealing with scam coin. meanwhile other youtubers steal do scams
listen here you fucking drug addict scumbag weasel. we're tired of your shit. you went from a unique livestreamer who provided good content, to a guy who robs his fans in crypto scams. your rationale behind this is that you need to do what makes you happy and not what makes the community happy. get real, fucknut. you stream an average of 2 hours a day, buddy. you can do the things that make you happy on your own time. you may have surrounded yourself with a bunch of ego-massaging yes-men in austin, but we do not play that bullshit here. fix your shit, or quit.
crooks are a dime a dozen in cryptosphere but crooks with a known name and face are rarer. i hope he gets his cumuppance. but then he might just earn more from the infamy, such is the world we live in.
coffeezilla just dropped bud last night with entire phone call with this scum. the guy could return the money he just doesn’t want to…and freely admits that.
is there any law against this kind of scams?
the nyse does this everyday
so youtube did away with basically the only form of feedback people can give on videos? now what we just have to exist along side people like this that exploit others? fuck that
i no longer feel bad for whenever he eventually gets swatted.
i thought this was going to be techlead haha. all i can say is, his face is plastered everywhere, and he better hope he didn’t take the wrong persons money… on the hand, you’d have be a complete imbecile to fall for this.
honestly, unbridled greed should be rewarded with these rug pulls every tkme
dawg at some point it really is a fool and his money will soon be parted. if this was your guy your judgment was very poor
how have people still not learned that most cryptos are a scam
another shitcoin rugpull scam you say? damn i wonder why people are still dumb enough to fall for it.
he is garbage, but people need to stop following and giving money to garbage.
lol, who are the morons who constantly fall for this shit? incredible how dumb the majority of crypto investors are.
if you still watch and support ice poseidon after everything he is done then you deserve to be scammed by him. dude is a pos
you have only yourself to blame if you decide to yolo on influencer shitcoins.
these are the kinds of ppl that ruin what could be a good thing for everyone
what this guy did was wrong!!!. but to be honest, and it sounds like a cliché, dyor. at the moment of investing people has to be less emotional and more rational.
what does it take for him to be arrested though? the guy that interviewed him to submit the audio call to the police? defrauding is defrauding. doesn't matter if it is a company, crypto, or anything else. taking advantage of, or stealing, invested funds is the crime. surprised this guy is still roaming free. does the legal system really not care about this? weird thing is that he is put a target on himself. we know what the us is like with guns, and how thisputes get settled in the streets.
thought this guy got kicked off youtube already.
it’s not a scam if you willingly put your money down the toilet. is the casino a scam for putting the odds against you? this poseidon guy delivered. if you bought 20 worthless coins at x price, you still have your 20 worthless coins that were worthless and useless from the start… relying on him to manipulate markets and make you rich is also shady. this is monetary darwinism. if you’re dumb enough to buy a worthless shitcoin don’t cry if you lost all your money. applies to most of crypto too
why does this man look like martin shkreli?
this does not surprise me in the slightest, it’s fucking ice poseidon.
wait till someone recognise him or meet with him🤣
i really don’t know how anyone can still make the defense that no regulation on crypto is a good thing. also, weird to see that this sub is so late on this news. one of the last places i heard about it. edit: man this thread is sad. people in here legitimately have no idea how crypto law, or the lack thereof actually works. i mean, people in this sub just really don’t have a clue how crypto actually works, at all. and the correct info is being downvoted by those same clueless people.
i’m sorry but i don’t have empathy for any of the people who bought that coin. everyone who knows of ice, knows he’s one of the biggest pieces of shit the internet has to offer.
the coin was bought by his fans. they should have had an idea of the kind of person he is.
"down votes hurt creators and they are gentle litle flowers that deserve everyones respect."
its hard to believe that he was once the most viewed person on twitch. now he needs to scam his own supporters to buy a tesla??? we knew he was a piece of shit but this is a new low for him.
these are the same people that watch him sleep and pay money to make noises to wake him up. lol, don’t feel sorry for these fools. this is ice poseidon, a former twitch streamer who got kicked off the platform for various reasons, i think one of them being he was doing a stream on a plane and had his voice chat on where his fans claimed he had a bomb, or something to that degree. he’s shameless and so are his fans.
ice has always been the lowest tier of degenerate. absolute scum.
does anyone know of someone invested high amounts? shouldn't he be worried for his life?
please tell me he is going to be arrested for this.
this is the shit that’s gonna get crypto regulated as fuck
elon should remote thisable it.
ice poseidon lmao, i didn’t realize he was still a thing
that's why i do not watch youtubers ...
thats why you use launchpads and locked liquidity
made me laugh when i saw this was ice poseidon... honestly one of the most interesting twitch... (this is not the same as likeable) there is just to much history to this person to really go into in comments, how it started as a line cook streaming runescape, his body building days, some of the most incredible runescape staking content i've ever seen... and then without exaggerating he effectively pioneered irl streaming as a thing on twitch, in person real life interaction while streaming... he was the first with a real following doing it anyway he has an incredibly toxic, degenerate and pretty hateful following, often racist, that he encourages... and it is this following that funds his streaming, threw immense levels of cash at him he moved to la, eventually to a streamer house, got swatted so many times, arrested on planes after people made fake bomb threats, arrested with a shotgun in his face in the streets... been on trips around the world streaming to people, and bus his stream.developed the andy meme, where any new people were basically called "... andy", which has made its way into general gaming chat he's awful with money, has a host of terrible people about it him, but brings it all on himself ultimately he's been responsible for malware bits on people's computers doing weird shit to make money... after multiple and eventually permanent bans on twitch, he fell pretty hard... and i gave up trying to keep up with any news related to him (about the time he was breaking up with the alien) i'd hazard a guess his idiot community throwing money at his shitcoin knew there were investing in bs and did not really care... maybe some did not though, but equally still some random junk coin, and people involved in these know the risks
fully legal. there is irrefutable evidence on the blockchain that the money belongs to him.
wait till they find out how wall street operates
what crime is he being investigated for again? is he charged by a city, state or federal agency? some guy back in the 70's ran an ad in multiple major newspapers classifieds where he said, "send me ". he made somewhere up to ,000. he sent each person a post card saying, "don't be stupid and just send money to someone who asks. lesson learned". he did not commit fraud because he responded and by **law,** he was free and clear of any wrongdoing. so, he is an asshole, but that is not a criminal act in itself. few laws apply to cryptocoins and fewer are applied by the justice system. caveat emptor or in american terms, a fool and their money are soon parted.
why do people still listen to influencers when they are shilling a coin or project. dyor or get rekt.
if your that gullible ... maybe it is time to study ...
i have mixed feelings about this. on the one hand, he is a terrible person and deserves anything negative that is coming to him. on the other hand, he is only scamming people who listen to ice poseidon, and those people *also* deserve anything negative that comes from that.
i don’t see any harm done here… if you’re dumb enough to make poor investment choices, then you deserve to get walloped.
i have been in crypto since 2013 and try to tell people if you don’t know what your doing buy nothing but eth and btc . do they listen he’ll no. so when i see this stuff it is funny . we don’t need regulation we need people to be smart or learn the hard way
be a shame if someone keys that nice tesla
he needs to be sued
ok but how are his fans still falling for this? he’s proven so many times he shouldn’t be trusted.
i feel like ice poseidon had other things about him that were terrible besides running a few ponzi schemes. i just cannot recall what those things were.
he looks like someone that would do that
he shoulda got something cooler than a tesla with
imagine taking financial advice from ice poseidon!!! lmao
i never liked him
one of these days one of these clowns is gonna get shot.
lol used to be a fan of this guy. watched his streams all the time.
i wonder what his fans think of him now
anybody who trusted this guy to begin with probably deserves to have their money stolen from them.
one of the investors will find him probably 🤣
correction, unpopular, now, lol
i thought i remember this guy had a video of him talking about doing this or something similar a while ago.
he confessed on video he scammed people. regardless of if it was crypto or some other crime something needs to happen or can we all go start doing this without penalties.
all roads lead to cx
you kinda seem to not understand the difference between stealing and taking advantage of stupid people.
he did not steal anything, people are stupid to follow influencers
stupid crypto-bros lost 500k $? i consider this a win!
fuck it dewd heh heh *arm wave*
rug-pulls should be super preventable in crypto. for example you could build an oracle for git (it could do like a unit test verification or something), and build milestones into a smart contract before funds are released if the goal is based off development progress. we've built this whole system for trustless transactions, and yet people keep trusting people without a shred of due dilligence.
well at least he made some money from crypto unlike the rest of us
this guy is a monument to stupidity. fully doxxed, scams a ton of people and buys a tesla. what is he, 16? just fucked up his life for 15 minutes of richness. what a moron. remember oyster pearl? the founder, a guy ten times smarter than this clown, had built a legit project. then he minted a ton of coins for himself and sold them for millions, screwing token holders & the whole team. a few years later, the fbi came on him like a ton of bricks. dude is now rotting in jail. when will they learn? you cannot pull this shit and hope to get away with it, unless you carefully think it through and are willing to go through the hustle of changing identity and relocating to venezuela or whatever. i mean, come on.
lol man gotta eat. if you that dumb, you deserve to be ripped off. unpopular opinion.
they will arrest him if he did something illegal. can't just steal 500k, go on a shopping spree and expect nothing to happen. does anyone have links to provide more context? i've heard about this guy, but not the specifics.
i honestly think this is pretty dope, how could people be so stupid, people keep making rich people richer. i love it.
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this guy is an absolute piece scum
this is a reason why people keep thinking of crypto as a scam. they do it in plain sight and get away with it. at least this post will be here as evidence for the next gen.
people like this are scum, i don’t get how they can sleep at night. karma is definitely coming for this dude, just wait
and that’s why you need regulation, so that you have a legal claim against him. this needs to be classified as a proper financial market of some sort. as some in this thread have already thiscovered, yea, he can do that and there is nothing you can do because it’s not covered by any market framework. but hey, better be rugpulled, right?
i watched ice for a while when he still streamed osrs and started doing irl streams. not surprised at all honestly.
this isnt a scam its normal in crypoto the only difference is they normaly pump an existing crypto asset
these people are the most narcissistic people on the planet. they will literally do anything to get money and attention.
ice is a genius
he did not steal anything ... people need to educate themselves in what they invest their hard earned money
haha. he learned from trump! look at the gofundme for the truckers! follow the money!
i’m some country’s that’s a hanging offense…...miss them good ole days.
lmfaooo, you guys want an unregulated market, this is what you get
don't trust youtubers, think!
so for the people posting that he is gonna get arrested and such, what exactly did he do that is illegal? he created a coin, sold the idea to some fans and then sold off his initial position and the coin tanked? so who are you gonna sue if btc tanks, the people that did not hold? you understand that this is the reality of crypto, you can lose everything just as well as you can win massively
when i say all altcoins are scam they laugh at me. good luck getting scammed.
this fuck needs to be in the jail. but also his "investors" should be convicted to attend compulsory economics lessons.
the gene pool needs better lifeguards.
what he did is a fraud yes. illegal? debatable. will he get punished? not by law enforcement, and not anytime soon.
hes been scamming people since runescape, gotta be a true degen to believe icepiss.
almost as if crypto is just a grift lmao
he didn’t “steal” anything - people are absolute idiots and *still* haven’t realized that crypto is a pump and dump scheme.
tell me how this is different than selling "fans" used bath water?
if you are giving money to a “popular youtuber” (yuk) then it’s hard to feel sorry for you.
the audacity... he’s gonna get burned lmao
why not name and shame him? his name is paul denino.
hopefully some good comes from this and he gets punished and people realize that will happen. if he has to go on the run that would be nice, if he cant stream anymore that would be nice. i hope twitch gets invovled since he used their platform to commit fraud. i would love to see him get sued and not just for the lost money but for actual damages and a fraud charge too since he straight up lied about so many things about the coin such as the coins being locked, being in it for the long haul etc. i hope they will talk to the developers i image they have some dirt on this guy and lets face it he likely ripped them off too. was it possible for him to short the coin? i'm sure if he could have shorted it he would have before the rug pull which would just add to the charges.
he did not rug pull. he sold his coins. the fact that some moron bought or didnt sell sooner is on them. this is not a scam at all. a scam is if he had a secret print button, whcih i doubt. i'm sure he just allocated a shitload of coins to himself which everyone could see before they bought. don't call everything a scam just because you got rekt
put this man in prison and throw away the keys
there's no alledegy about it. he stole it.
i mean, good for him? isn’t preying upon and taking advantage of the desperate, vulnerable and under-educated for your insatiable financial greed what modern humanity and capitalism are all about? just like musk, bezos and every other excessively wealthy business owner out there, this hard working young man built his empire from the ground up, and we should congratulate his monetary achievements at the expense of others.
sounds like something which governments would do
this is kind of misleading. he pulled some of the liquidity pool but the price of the coin is higher than when it was released. this is giving a bit of a incorrect view, while maybe he shouldnt do that its far from the same as just taking other peoples money. anyone holding coins still have their coins and can sell at price higher than invested
can he be jailed for scam? fuck this guy hope he loses everything.
i applaud him (not really), but how are people falling for these scams. i’ll respond after i cash this check i just got overnighted, guy accidentally paid me 4k over asking so i need to get to the bank when it opens. night
i hope people can get their funds back!
if you’re gonna be dumb you’ve got to be tough comes to mind
dude has always been a piece of shit, to expect much less is your own fault.
that is what you get for believing in some influencers.
what a piece of shit.
holy shit, i fucking hope tesla takes the car back. we cannot let this scammer get away.
i heard this guy get interviewed about it. he’s so far up his own ass that he has no idea why it’s bad.
can these people just get thrown into jail already, sheesh
this guy should be in jail tbh
jesus this is so scummy
let’s commit a crime. then pose in front of those we stole from. somehow without repercussions. i love where society as a whole is going.
youtube is shit, filled with ads on top ads, thisabled thislike count, reduced revenue for small content creators, excessive censorship, protects big names and the list goes on. so, better avoid yt
his smiling profile picture in that thiscord call gave me some violent thoughts. what a scum. also no sympathy for the idiots chasing moonshots investing into cxcoin lol.
never share your private keys with anyone , including your wife.
its ice poseidon if people expected better i do not know what tosay
if only there was a way to show how much i un-like that
what a cheesy little rascal
osrs staking makes you toxic
if you trust such a stupid youtuber, then this will be the result, because he does not even know what he is investing in, since he has ambitions to earn money in the eyes of everyone
aha, one the scum tubers, the pikachu is shocked.
tim dillon where are you
the idiot, lol! i would have buy an apartment or a house
his fans don’t care.
lol...this guy again...not his first scam i guess...why people never learn...hope multiple lawsuits going his way...
isn't there a law that says this is illegal?
wouldn't be shocked if someone beats him up in the near future, what an absolute asshole.
dammit i want to downvote but i cannot because op is informing me, and why would i downvote op, but i also cannot thislike him on youtube, i cannot do anything...
lol get rich or die trying or go broke and live fighting, pick either one or the other.
see, this is why folks get smoked. fucking around with people's hard-earned monies. feel bad for the people he finessed.
this guy is such a scum bag.
absolute scumbag, makes my blood boil. lowest form of life
does he have no guilt? so thisappointing ice!
jail time soon i hope!
don’t listen to youtube kids
that’s a lot of enemies, one of them bound to track him down
i hope they catch him
this is the same guy that admites to making a ponzi scheme. why do people give money to the rich?
what can we do to expose him even more ?
people should look at themselves. if they believe these youtubers with their tales of 100x alt coins they deserve everything they get. newbies: learn the basics of investing first. it is not easy, but if done right it is not gambling.
waiting for bitboy 😂
people know his face. people know who he is. i'd watch my back if i was this douche.
so many rug pulls happen everyday. all basically go unpunished. this dude will likely get away with the money
thats youtubers for you. just doing it for the money
if i were on the jury of the trial of his future murderer, i would vote to acquit.
what's up with tesla owners being a complete piece of shit? make no mistake, tesla has insanely advanced tech, but their owners are twat.
well to be fair. he did not put a gun to their heads and threaten them to give him money. they did it voluntarily. if those people are dumb enough to do this, then they deserve it.
i'm sorry but anyone who could give money to some gobshite on youtube really need to sort their shit out. but fuck this guy and youtube for allowing this sort of shit happen. they should be held accountable as well. this guy needs a serious ass whoopin...in jail preferably
these are the kind of people that really need to be out in jail.
given that variations of this scam, and scams in general, just keep happening over and over, i've realized that this is just how a lot of people are. too trusting, naive, greedy, unintelligent, foolish and unteachable. it does not matter what others think of them, they still have rights. i have concluded that there is a vast subset of people who just need to be protected from themselves. that includes protection from those that would farm them. it does not matter if others think these victims are stupid. the fact is that they exist and it is not cool to be stealing from them in any form. i sincerely hope when this fucker is caught and pays the price. he really is a soulless, horrible creature.
how do people continue to get scammed. if it is too good to be true, it probably is, especially with crypto. incredible how easy it is for these social media influencers to dupe their "fans".
how did he get so many followers in the first place...
his fan base are lunatics, i'm not surprised if this kid get stabbed to death after being held hostage for the crypto
i'm surprised he has not gotten his ass beat yet. his explanations on twitter about what happened are lazy and clearly superficial.
to be fair, anyone who's a fan of this blunt tool probably deserves to lose their money. i saw some "highlights" from his streams a couple of years ago and i do not think i've seen such a dull, dense, arrogant, obnoxious and self-obsessed waste of oxygen since i had the misfortune of stumbling upon a video about ricecum or whatever the fuck his stupid name is.
assume he will be pumping some sort of nft right quick.
as they say. "the root of all deception is the greed of the deceived" you can say what you want, but that is the truth. whole other thing is if it is legal or illegal...
the guys a piece of shit of a human being no morals or values just after a quick win hope the authorities come after him.
i remember youtube between 2006-2010, that was a good time. now it is ruled by human trash who call thema self youtuber. the word youtuber gives me such strong diarrhea that i have to buy new pants everytime i go online and see this.
i'm mostly shocked so many people bought in. he has not been relevant in years.
what an asshole, this is not what you want to see this kind of stuff is what scares new investers off...
kinda crazy how so many people don’t believe in karma, especially these vlogging, clout chasing fools
how is this guy still going - surely the police could investigate
this is the reason i do not believe anything without my own research even it is from a trusted source
a tesla is worth ,000??? i thought they started at like ?
is that it? only people being furious at him. is there no way to hold him accountable legally?
run away from youtubers, i always say this
ahh tesla, the most sought-after high class car for the high class individuals.
hope it crashes and burns
that should be jail time. also teslas are trash.
who else believes bloggers on youtube?
can't wait till the feds come after him and he realises how badly he is fucked up. pretty sure doing this type of shit is illegal.
fucking loser could not afford a lambo lol
chin is doing a crab 🦀
why jail him? this is the essence of crypto in a nutshell just without pointless nfts as a front lol
why he should be in jail
lol. it's so easy to rip people off with crypto.
ice poseidon being refered to as 'youtuber', and fans being surprised at him doing scummy things. makes me feel old.
too bad for him that teslas qc is shit. *weeps*
almost all cryptos are extensively elaborate pyramid scams
i hope really bad karma will happen upon him soon.
the ugly side of crypto. completely unregulated so it is going to continue to happen and you cannot really do much about it.
"a fool and his money are soon parted." -- some smart guy
i'm pretty sure someone warned about this a few hundred years ago. "a fool and his's money is easily parted. good on you mate.
i think if you are daft enough to do what a stranger tells you to do online then you probably have learned a harsh lesson but one that will keep you that little bit safer in the future, until someone sells you their magic beans. i feel bad for the folk who have lost out, hopefully people get justice and closure. i like to think of the crypto market as a dark alley filled with people trying to rob and swindle you. one side of the alley is where you were and the other side has the promise of a better wealthier you. the thing that few realise is the alley is so bloody long.
isn’t he pretty much only known for being a cunt?
i saw this guy years ago online and always got scummy vibes. couldn't understand why people watched him.
when are these people that get caught go to jail?
considering how apt people have been to pop off over the past 4-6 years over next to nothing, i wouldn't be surprised if one of this guys victims comes to find him.
is there any law against this act of stealing?
hahaha actually hilarious, used to watch this guys irl streams before his permaban. the fact people actually bought his coin is mindblowing. everyone knew it was a scan, cx.
if government can not but victims can grab his balls.
fraud, scam, illegal sale of securities, tax liabilites...
fuck this thishonest shitbox!
this is why there is no spot etf lol
men's blind love of money hurts us all in the end
i did not know a tesla cost ,000
don't get me wrong, but how is this legally a scam? people knew what they were buying and that it can become worthless at any moment, right?
if his intent is documented, then it is theft by deception.
really fucking stupid, did he think he could get away with that?? 😆
is there any legal action being carried on this? i saw a redditor that filed something to the irs, but that was the only info i could find.
look at this crackhead. he's not even sorry
the philip defranco show on youtube did a great job covering this in detail -
i really hope someone pursues legal action against him
what scam thing dood?
is that his actual mug shot? hopefully for him his rug pulled paid for him to hide out on some thistant island somewhere... he is gonna be very unpopular with the crypto scene, shit could get scary real he will need more than a tesla to hide out in
seems like he’d be pretty easy to find……
it’s crazy how people get to just legitimately steal money in crypto in the open and nothing happens to them. so many rugs
wtf. chef ice used to be my hero.
this is the thisgusting side of crypto and certainly not the only example of this! i bet it is instances like this that help weed out educated investors vs thrill seekers. caveat emptor!
so many people have done what ice poseidon has done. crypto is ripe for con men and scammers. hard to feel any pity for the 13 year olds that worship him and helped him get his new tesla.
he'll be selling nfts next time and the morons will keep buying, at some point you're the problem and not the scammer.
he's a gamer streamer, so not exactly a crypto influencer but fuck him and all scammers
>fan of youtubers >🤮
there are dozens of facebook accounts with this chaps punchable face and name on them. what's the deal with that
idk how crypto works lol ... im googling cxcoin but it still has value but super low tho and chart shows upwards... is there any way to find specific crypto?
people are so thisgusting to their fans nowadays what the hell happened to accountability. you constantly hear about this youtuber doing this or doing that and all these youtubers are getting in trouble or you know like for sexual harassment, scamming their fans and etc. i believe that fans and the court need to hold these people accountable this is getting sad hearing about all the stuff in the news happening
of course if sam pepper was rug pulling ice wasn’t going to be far away
this guy was a part of the runescape community once upon a time. never liked him.
youtube should ban this con man
wow shocking, scumbag streamer does something scummy. that dude is known for that
someone watched the someordinarygamer video last night huh
never heard of her
asshole. the world is full of them.
honestly people that fall for this again and again at some point its your own fault… at the same time, how do these wankers keep getting away with it...
that's like 99% of crypto nowadays. literally 99% or more, since anyone can make crypto now, and most make it with the sole purpose of pumping and dumping. i know crypto people hate the regulation word, but kinda need it in that aspect, if anything to not let crypto get that bad of a reputation.
this guy as always been shit so if you were his fan, take this as a life lesson.
“i heard you can’t go to the moon from jail”
when did this happen as it went from like 7 to 23?
anyone who use to watch ice knew this was coming. great example of why you do not invest into these shitcoins
crypto is so cool!
educate yourself. stop following unneccessary youtubers. i cannot take these idiots anymore. i'm seriously sorry for everyone losing money on rugs but greed and a lacks of common sense and research are your worst enemies out there.
this keeps happening because it’s too fucking easy people will throw money at anything to get rich it’s the same reason why the lottery is so popular.
he will have to live with what he did the rest of his life. one day in the future it will hit him, hard. it's unpredictable when but it *will* happen. people always get what they deserve.
as a rule of thumb; youtube should be avoided for crypto
hopefully he’s got enough left over to hire an oj-tier legal team.
people who are still buying random erc20 as an investment really deserve what they get at this point.
i posted this yesterday, original source. my post was removed for no reason by a automod
when will crypto bros learn? 😂😂😂
i cannot understand that ppl watch or even support this guy.
look at this shitter with his noodle arms hopefully he will get some street karma ...
he'll be punished sooner or later.
lol!! if you knew him from when he streamed runescape, you wouldn’t be surprised by this at all.
this is every crypto coin, some just take longer than others to rug pull
you do something like this, you better be getting more than 500k, because his career in whatever hw wants to do after is going to be shit. 500k is not very much money in 2022.
imagine all that money and just buying a tesla lol
well, don’t buy shitcoins that youtubers create… lol
do you want the ftc to file charges? because this is how you get the ftc to file charges.
pulling elon into that den with him.
how do these people get fans? i mean who is going to spend their time watching videos by this guy? there must be some very bored and very impressionable people out there.
ahahaha! fuck i love ice. even back in the rs days he was a dick, super entertaining, but definitely a dick. good for him. people spending actual money in something called cxcoin definitely deserved it lmfao.
and no one will do anything about it! the guy robs everyone and just like the crypto for the kids they will get away with it. no law no punishment
what an absolute dickhead...
ice really is not the sharpest tool in the shed, is he?
but why would you buy into a blockchain created by a youtuber?
this guy is about to get rekt
looks like the kind of guy who really wants to get hit in the face with a fucking brick
it would be fucking ice, cannot believe he started out as a osrs streamer.
i think this would be a good time to ask if decentralized means zero regulation? i think we can have a decentralized coin. robert reich reminded us that in politics we seem to argue for either a completely regulated market or a completely free market but both of these are illusions really what you get is a market with an amount of regulation so you have to figure out how much you want. there also is not any unregulated markets. so realizing this, why do not we welcome regulations in the crypto market that protect customers from slimeballs like this guy? the more this keeps happening the less the rest of the world will take crypto seriously. people here keep saying "oh that is your fault for being shilled" and while you are correct, that outlook huts out community. until there are customer protections from fraud, rug pulls, and market manipulation, crypto will remain out of the main stream. we need regulation to protect us and help make our community attractive.
maybe that mafia guy should have done something about him when he had the chance
a fool and his money, something something
he also wrote a twitlonger apology where he claimed to not rug pull... but then admit to rug pulling near the end [ *also, when i took a portion of the lp (nearly ,000) there was not many "real" holders or much money invested in the token by that point. top holder has 15 bnb worth of tokens, and holder has 0.6 bnb worth of tokens.* ' or in other words, he was the only whale holding the token and only he could have caused the price to nose dive after cashing out
this guy used to have a gold staking problem in old school runescape as if that was not a big enough red flag already...
good lessons learned the hard way .
hope he got more than just a tesla
youtube did the same thing with bitconnect during the 2018 run with cryptonik and that treyvon guy (a lot more)... used to watch their daily updates and just stare in total thisbelief that this was going on...
fools and their money are easily parted
is that stealing? seems like it is all working as intended.
hey at least i didn’t give some idiot $
thats insane the money people put out. shows how much there.is in the world.to get
hahaa fucking people is fucking dumb!🤣
he probably aint going to jail if faze members did the same and havent receive punishment
is that ice?! he's still around? hahahaha.
i'm surprised this scum is still alive. i was sure he died years ago either snorting coke laced with fentanly or satabbed to death by a midget prostitute.
no, it’s the people who buy cryptos from a youtuber should go to jail lol
if anyone knew ice that invested in it, they’d know it was a load of shit with a golden tin-foil surface from the start. hard to feel anything bad about this when it was preventable by anyone with a half functioning mental capacity.
honestly what ice fans deserve for supporting him
so did he have majority of the shares and when people bought in and price raised he pulled out?
people in his thiscord are still buying more of his coin. someone dropped 10k ok it yesterday. they are banning anyone from the thiscord that goes against their narrative because ice poseidon did nothing wrong.
crap like this needs to happen to end shitcoins.
always thought this guy was a pos so not surprised.
these guys that became popular through yt is stupid…. i wonder how they are in real life things.
unpopular opinion stupid deserve to be separated from their money.
wait, what exactly is the expectation from a person that steals? to give it back, to not spend the money?
he should have at least bought a good car lmao
i have some car warranties to sell these people
dude straight up said "it is within my power to return the money but i would not, i'll look out for myself" what a pos
just grabbed the popcorn.
to be fair his followers should have known that would happen. you get what you deserve.
not sure why people trusted him with their money when he has been banned from twitch in the past and have a major coke problem.
you fuckin suckers lol
not to wish harm on any gentle living soul but...
just watched this. wild and shameless.
crazy that there are grifters and ponzi schemes in the crypto world. who would’ve thunk!
how to 1. develop a crypto coin? 2. make a rug pull? 3. make nft flips ? can you explain it to me in private
he will realise one day that the fiat may give temporary happiness but is not worth losing the trust of his fans
"crypto scam" is redundant
surprised “influencer” wasn’t the word used here. there’s something about that word that make my blood boil.
isnt that ice poseidon lmfao ? good ol days remember the rotumentary jesus fuck lmao
if your stupid enough to follow this guy...you deserve to get scam
plus it further ruins all other cryptos' public image.
i hate his fucking unwashed face
what? "crypto" and "scam" in the same sentence, no!! next you'll tell me how secure nfts are.
it absolutely amazes me that so many idiots exist.
i am sorry...but ...bastard
if you watch his content or “donate” to him, you are an idiot and i’m glad you got ripped off
youtuber uses crypto as it was made to be used. crypto fools hoping more suckers will join pyramid scheme anyway.
damn cx is still going strong even 10 years later. but you would have to have no brain cells to ever believe or invest in a crypto or anything created by ice. there is a reason he is banned on damn near every streaming platform ((minus youtube)) and many expos and even airports for swatting himself many, many, times. miss the old streams though, hours upon hours of entertainment.
i do not even know who is more to blame here. a scammer doing his job as a scammer, or the people who give in to greed and gullibility by giving him money. it cannot be repeated enough, but anything that is too good to be true by any stretch of the imagination is a scam. we could add another golden rule: beware of all these youtubers. as soon as they ask you for money, they are scammers.
did he really steal anything? if some youtube personality is shilling random cryptocurrencies and you pump tons of money into it without amy research thats kind of on you how many people wake up on an average day and think "imma dump my life savings into what a social media celrbrity tells me to"
crypto is a gamble stop crying
he didn’t steal a damn thing. those idiots donated to him.
ok people, we've practiced for this... shocked pikachu face in 3, 2, 1, aaaand go!
ice poseidon is trash
some one who is a little more tech savy could probably find out his real name and report his income to the irs. i'm betting this person does not report the income on his taxes.
wonder if [this]( is his license plate.
lol get rektd idiots
this dude is a scum bag for doing this but i wouldn't say this is illegal. he literally said this would be a rug pull in his video. anyone who lost money because of investing in this coin is just an idiot filled with greed.
anyone stupid enough to act on a recommendation from this dipshit got what they deserved.
even if he gets away with fraud, the odds of him having a severely thisturbed or vengeful investor are extremely high.
im convinced that all “youtubers” are shit
every dog gets his day.
he has more money than i do. he wins.
fuck ice poseidon but honestly a bunch of crypto bros getting ripped off from some super obvious scheme like this is fucking hilarious.
i'm not defending this guy or anything but i could not help but notice... cxcoin is trading very near it is all time high as of this morning. almost everyone who has bought it wouild be in the green. so now i'm confused as to what the problem is.
is this a different ponzi scheme from the last one he got raided for? or is this the same story years later?
i don’t feel bad for anyone that falls for these super obvious “get rich quick” crypto schemes. just like with the squid games coin, the coin that the rapper made, and every other scam coin: if you fell for it you deserve to lose your money
i guess i should have mentioned the tesla lol
that’s why i don’t understand supporting influencers. can’t say i feel sorry for the followers
if the word shameless was a person . that is him
i do not understand why these scummy youtuber would do this stupid stuff when they can make a shit ton of money legitimately.
i mean he originally came from twitch and even on twitch he was like cancer nobody could talk about him nobody could have him on their stream for how shitty of a person he was, are people really surprised that he would scam people out of ,000?
didn't people learn with upshod?
you simp, you suffer.
youtubers are filled with bitches
send the irs on his arse
don’t buy crypto you don’t know? do research before you buy...it’s easy.
and here i am working my ass off to hopefully make that kind of money before retirement. this guy just finds some idiots and gets himself a nice comfy tesla. yeah, i'll say it again, they were idiots. you have to be an idiot to blindly invest your hard-earned cash because some random guy on youtube with zero blockchain development credentials tells you to. he's a youtuber not a blockchain dev, who falls for this crap? that does not mean i approve of what he did. the guy is a sociopath. but people also let themselves be blinded by greed and stop thinking straight.
what a surprise this scummy, racist, obnoxious piece of shit was a piece of shit???
how is he not arrested yet?
"reformed" btw, and this mfka was crying about wanting to get back on twitch
if you think content creators have a capacity to feel shame then i've got some upsetting news for you
almost seems like a public service to give people a wakeup call.
yep. he does this kinda shit whenever he can
ice posiden has openly been a scumbag for years, this was always going to happen
this is why you need to dyor...sad to see people so gullible due to greed...
nah if you still watch ice poseidon in 2022 you need help
people are dumb for believing a youtube influencer
make your own money in fear and trembling.
how many time is this article going to repeat itself. we get it. he stole 500,000$
let's not forget that people are greedy and thought they would be making easy money. in crypto, greed can force you to hold bags and fear makes you sell early. this is why you see peeks and valleys in charts... the sum of human nature in trading
youtubers get so much flack but this is a good reason to be upset ! not at joe rohan for having an opinion
good. people need to stop idolizing these idiots on tiktok and youtube that do nothing, but shitty, fake pranks, showoff their leased. to make it look like their life is fantastic and all that other buillshit.
he looks like the type of dude that would do that
i feel no sympathy for anyone who loses money on crypto or nfts, enjoy the tesla boss
its ok, if you are dumb, you pay for it.
with 500k you could do a sight better than a tesla.
yikes yeah he is going to jail lol
giving crypto a bad name. hit the sob hard with the fraud charges.
imagine yourself creating a coin. you own most of the coins and tell others to buy it also and after they start buying price will pump and then you sold your portion at a very high price resulting the price dumping to a point it has no value , no use case just like shitcoins. no one will buy ot again and you will be stuck with coins which has no value and use.
this is what these "pump and dump" schemes are designed to do. jake paul, ricegum and the faze ghouls etc have all done this. this idiot just got caught. for all the people saying "their fans deserve to get ripped off for giving them money", that is unfair... no one deserves to get ripped off *and* let us not forget that their fanbase is made up of children **for this very reason**. kids are easier to scam.
it's only a matter of time before someone is enraged enough to do something about one of these scammers.
someone needs to go after his ass
fuck it dude heheheheheh
if you’ve heard anything about yhis guy or followed him even briefly at all, i am not sure why you’d get involved or trust his judgment - the dude is an idiothole
mlm for jpegs .
he had to pay back his staking debt somehow
the real news here is that ice still had viewers
don’t know him and don’t know who he was shilling to, but if it’s a doge and shiba kinda audience then he better use some of that cash on security.
at this point if you invested in his shit coin, the guys a scammer that is your own fault haha.
i assume it’s a binance scam chain….
moralless youtuber is moralless? i am shocked
ice poseidon is an asshole. people supporting that guy should loose their money.
crypto used in a pump-and-dump? well... i never! also in the news: water is wet
hmm wonder if they know about syndicate and the csgo websites with tmartin
this is the most 2022 headline.
ice piss talking about his scam…. he said this 7 months ago. if you got burned you deserved it.
why is ice poseidon still a thing? he’s been a piece of shit for as long as i can remember.
this is how crypto works, what do you want to regulate the rug pulls now?
i was hoping to never see this sad excuse for a human ever again but here we are. at least the circumstances on why are good news.
it’s fucking iceposeidon. what do you expect?
guessing the people who got scammed were not his viewers given everyone constantly calls him a scammer given his past and given he has not even streamed in more than half a year. his viewers contantly joked about this before he even announced it that he was going to launch a coin to scam and joked how he should do it. community is full of hate watchers who consider this edgy humour. honestly not the worst thing ice poseidons done.
i dk this guy, but i hope he gets what he deserves.
idiots that invest in random crypto deserve to lose all their money.
there’s a sucker born every minute.
"popular youtuber" thanos: i do not even know who you are.
a fool and their money are easily parted.
wait, is not that how crypto works?
didnt the dude become popular by being a shady runescape dude lol? never trust a runescape player not to scam you!
strangely appropriate car to buy.
dude spent way too much on that tesla
who watches this douches channel in the first place?
fuckin ice posiedon xddd
now i wonder how do i make a coin? is there a guide somewhere?
heck. i got to pick up my game. i stream for charity. i want to give to doctors without borders, ablegamers, and operation smile. can someone show me how he tricked people? i want to trick people for a good cause :) p.s. i put this in to plug the above charities. i tricked you all! or i will be moderated. i pray the moderation come in moderation, and that the moderator be moderate in his modding.
it would be ice poseidon. his fans probably love him for it.
people listen to twitch? lol. you kind of deserved it
that’s weird, so, like internet “celebrities” and influencers *aren’t* good, kind people with whom i should entrust my money?
retire from youtubing and live a nice relaxing minimalist life? no, *buy a tesla* hope this guy's viewer base sends him back to wendy's
lmfao if you're stupid enough to fall for a crypto scam you deserve it
whachu mean homie hehehehe what crypto
i don’t even feel bad for the fans. they brought this on themselves when they choose to keep following this meatball.
if that headline is true, that’s fucking thisgusting.
only people dumber than youtubers and other streamers are the people who watch them. this is darwinism at work
y’all need to checkout marketmove.ai so this doesn’t happen
like i own a bunch of these coins, oh wow i’m up a lot, let me sell, okay i’m selling, value is going down now cause my selling impacted the market. bag holders are like you scammer! you should have held till i sold first!!!
i mean ice poseidon openly admitted to ponzi schemes... you a mega dumbass if you invest in his crypto. i've poseidon must be sued... but until dumb people stop existing this is not the last time this is gonna happen.
“stole” is a bold choice of words when it was idiot fans blindly investing thousands into an influencer.
if you were dumb enough to give money to ice poseidon of all people, then you’ve honestly got no one to blame but yourself. some people need to get scammed
that face sounds familiar from runescape streams
this guy is going to jail for sure. there’s a reason anon accounts do the rugging. if he rugged a project he owned that’s enough evidence to put him in jail for fraud. the dude probably doesn’t even know you can’t do that lol.
you deserve to be rugged if you bouhht cxcoin just saying
i can’t feel sorry for greedy people who fall for these scammers.
people will get money and because they have zero creativity or individuality their first thought is always tesla... oi vey
why the hell are all these articles using "popular streamer" without using his name?
legend will be made.
least corrupt crypto enthusiast
another day, another sucker.
best practices for avoiding crypto scams- don't trust anyone (even that youtuber aka influencer) even also government officials, public figures, strangers—who contacts you directly asking for payments in cryptocurrency or offering you an "investment opportunity."
disgusting to see how a simple streaming boy does exactly the same as hedge fund managers do. *wink wink*
of course it is cx
it’s interesting no one is talking about putting this scumbag in jail.
i almost fought that guy in a parking lot one time
dont worry 100s of ppl do this everyday
people stop handing others your money. fuck i might start a go fund me to buy a nfl team and the highest donators get season tickets
"crypto scam" is a repetitive redundancy
he did an elon musk to be buy a car from elon musk.
good thing i only take my crypto advice from rappers and kim k instead of youtubers that shill shit coins. ethereummax to the moon!
dude someone will find you and bury you lol
oh my god ice no you idiot man fell off so hard 💀💀💀💀💀💀💀💀💀
cryptocurrency it is a scam when you lose and an investment when you win
oh no! the extremely well funded sec will no doubt soon send its paramilitary wing to rendition him to a black site. you know how honest they keep the markets!
that dude always seemed so cringe and try hard... idk why anybody likes him
pretty scummy, hes buying back the coins at the premine cost however. which is slightly less scummy.
us seems to always prey on the little guy
as a member of the runescape community, fuck ice. dude’s has always been a pos so this isn’t surprising
anyone that invested in cxcoin deserves to be scammed. i used to like him back when he was just starting out in runescape streams but if you still still follow ice you’re legit scum of the earth like him.
why is this news. everyone that lost money here deserved it. couldn't have happened to a better community lmao
of course its ice. i thought this dickhead was gone
and they say crypto has no use cases?
> ice poseidon > scum activity nothing new here
“popular” seems like a bit of a stretch.
can someone sue youtube for removing downvotes this causing them to watch his bad videos which made them lose money in this scam? or is that too far fetched
dick move. however stop spending money cuz some dick on youtube says so.
on he one hand i can’t believe people give icepoisedon money, he’s a known scammer. on the other hand, it’s incredible how brazen this guy is. he has absolutely no guilt or shame about what he’s done, he thinks that money is his to take. technically he’s not wrong, but wow.
nothing new tbh crypto is a long way from regulation scams will keep coming
kekw from the get go if they trusted ice for anything it is entirely their fault
omg, does not all the streaming platforms run out of idiots? i mean, they already donate a lot of money to some fake, thishonest personalities they get attached to, but that is the next level of stupidity.
omg it is ice poseidon where's the livestreamfreakout sub
shameless youtubers are making millions spreading misinformation.
how many pills you on, brah?
i loved ice’s streams way back, they were an escape from reality for me at a bad point but it’s always been obvious he’s a shitty person. i don’t understand who would put money into this.
just like mr. beast!
logan paul didn’t even wait 24 hours to do a rug pull on his “dink doink” scam. yo start giving these fucks jail time
what arm thing homie?
ice poseidon has always been a massive piece of shit.
people should start swatting this dude again
“i’m spending 1- 1”
i wonder if some unhinged former fanboy will shoot him on live stream
good for him out here grinding
nothing will happen to him, can you imagine if you or i defrauded people of half a million dollars?
"crypto scam" is redundant. you can just say scam.
cx in the chat boys
seems like an easy way to get your tesla vandalized.
props for him to know how to use a thriving business model. kids learn a lesson about how investing works. no different than the schemes across crypto, nft, kickstarter or stocks for that matter.
famous yet i have never heard of him. oh he’s a runescape player, that’s why. no offense to runescape players, the game is just not my cup of tea.
it could not have happened to a dumber group of people
that’s what they get.
kudos to him lol
crypto investors increasingly learning why some regulation can be a good thing, lol.
the wheels of justice turn slowly. they will get arrested eventually
why is not he behind bars? also youtubers are stupid as fuck holy shit lmao
dude needs to be sent to federal pound me in the ass prison.
pump and dump is not a scam, it is crypto!
he is a total piece of shit. how upfront about it he is in those interviews. this is ilegal right? the people he openly scammed can take action right?
lol i hope going to jail (for a very long time) for half a mill was worth it!
shit like this makes me sad. im thinking of 12-16yo that throw away money on streamers, for what? take that money and put in an etf or in btc, just something that will grow with time.
buying a coin just coz someone you’ve never met says so? sounds like a brilliant plan.
people are getting scammed by buying crypto? shocking! seriously, these stories are hilarious everytime i see them. play stupid games, win stupid prizes. get fucked, coal hands.
if his fans know what's good for them, this is the last time he will get to make a fast buck off their stupidity.
did he actually steal money or did he convince idiots to invest? one is shame on you, the other is shame on me
this is what crypto is for :) this is what defi is :)
cx in the trash
that was an expensive tesla.
how do these people keep doing this without getting arrested?
i don’t even feel sorry for the people that got scammed by this tard. hopefully a lesson learned. dyor.
oh a pump and dump. that sure is gonna go well in court
oh look its pissboi. this guy is literally human garbage. he grooms young girls on thiscord. he has even said on stream that he would start a crypto scam. anyone who gave this guy money should regret it.
i hated his face before i saw the headline.
people are so fucking gullible.
people watch this jerkoff?
honestly fuck his fans. they 100% deserve it. i bet its the same community that used to swat and dox him just cause they wanted to see him get hurt or even killed. he did his best to try kill off his fanbase but people still chose to stick around because they’re stupid. dude probably holds a lot of resentment towards his fanbase and i don’t blame him at all.
good to see paul on his way to jail with federal charges finally. he’s always been a scumbag but this is securities fraud. his interview will be used as evidence of his “i don’t give a fuck” attitude. hope he rots in prison for life.
good. fuck him and them.
how is this fucker still around?
that's so messed up. will turn many away from crypto smh
justice will be served
how is it stolen? people handed over money in an unregulated market
i see ice is still going huh. not surprised lol. his content originally on twitch was kinda shadey, well some of it. see hes still at it on youtube these days.
crypto... scam... one in the same.
a prison livestream would be sick
when will we get a bitboy currency i wonder... oh wait
they teach how to start a crypto currency on youtube in like 5 minutes. it's really easy job for a person without dignity.
sign him up with melvin capital. he'll do great.
i use to watch him back in the osrs days, anyone who watched during that time period knows you cannot trust him as far as you can throw him.
i hope us law enforcement takes action against this guy. if you lost money to this dude, please file a complaint at
"ice poseidon" what a fucking dumb name
fraud everywhere, bottom to top.
was hoping from the thumbnail pic it was gary vaynerchuck.
you are a scammer, filet minon
this guy has always been a pos, not surprising news at all
why even do this tho? he’s one of the most successful streamers and i’m sure he makes a boatload off that. why scam people who support you and risk jail for yourself?
pretty sure i recall the us regulatory bodies going after influencers for shilling pump and dump coins. not a smart time for this guy to be doing this. on the other hand, fuck the idiots who bought into this as well. maybe some day we'll see the phenomenon where assholes like this and sifu get doxxed in detailed and mysteriously shanked shortly afterwards.
ice poseidon (paul denino) has always been sus af
somebody will know where he lives
this ass hat needs to go jail for fraud
son of a b1tch... hope he gets his due. if i am not wrong, rug pulls are not technically illegal so i really hope karma hits me.
his twitlonger response [ice poseidon twitlonger](
he's like the opposite of feckin robin hood. damn bastard
he hates himself so much he is pulling his own hair.
hopefully it has that recall issue where it randomly accelerates into a building, catches fire, and blows up lol.
idk who's dummer falling for scams like crypto or donating to youtubers.
one thing that i think take balls is to do this when your face and name is associated to it. it’s one thing for a rug pulled by an anonymous developer or group, but to have your face or name easily associated with a rug pull and knowing how scary the internet can be…i wouldn’t have the balls!
there is no statute of limitations on fraud.
if you’re a fan of this guy, and you were dumb enough to give him your money . you deserve to be scammed
i'm surprised he is still alive
haven't heard or seen anything about ice in years, but this sounds exactly like something he would do lmaooo. what a loser
the next crypto will be brain cells. you people are poor.
why people believe these clowns is beyond me.
ice on front page 🤣🤣🤣
i heard another youtuber is starting to do the same thing. i forgot the name but i thought it sounded like noom? or something like that. does anyone know who that is?
anyone that still follows this dumb fuck clown deserved this. dude was a piece of shit on twitch and oh look his still a piece of shit.
the “free” market amirite
ice pissideon!!!!! nooooo waaaaay, he is such a stand up guy and not a child molester also.
if you guys have not seen this youtuber before, this is what he is like: no surprise he is involved in some scam
it’s there fault. fool me once shame on you, fool me twice… can’t be fooled again
guy got banned off twitch and just acted like a crack head. not sure how this guy has had such a big following over the years doing nothing but clearly being unstable and untrustworthy.
if all those centralized,premined tokens dumps.?? .jail time!!
you cannot just blindly follow what someone says solely because they have a lot of followers on the internet. i wish humanity as a whole could understand that and take it to heart. especially when they start shilling you some no name product out of the blue. having a lot of followers means you're entertaining to watch. it says nothing about you automatically being some investment genius. this guy was not even a crypto streamer. he was a random game streamer who just started shilling a token one day.
why would anyonr donate to a rich person anyway? seems like a good lesson to learn from.
this is not the first one to do that
i dont want to say i want to start such a cryptocurrency but how do i start such a cryptocurrency?
well why do you cry ? it's decentralized like everyone want
and so many of you dorks will still watch and give him money. you're the problem with these people. you enable them. wonder what you'll allow next
lol i can’t believe people fell for that he’s always been such a sleazy shady guy. i stopped following him years ago.
ice again? this dude was born under a controversial star
user from r. are there safety nets in place that could see him convicted for his crimes, or due to tech illaterate law is he basically in the clear?
a fool and his money are soon parted. you’re stupid as shit for falling for crypto scams.
cx out the chat
he did not steal it though...? they should not have invested in some shit coin if they did not want to lose their money. imagine being that dumb lol
slow down on "popular" dude fell off after getting his sorry ass banned from twitch
lol. i do not care. of youre stupid enough to follow that giy, you absolutely deserve to be treated as stupid as you are. trash.
his tesla probably just got recalled lulz.
😂 sorry for laughing folks. but in thumbnail pic his reaction translates to “ lol this shit worked , damnnn”.
where are the crypto hackers now? this guys password is ‘password123’
though it might be technically possible, it still is just shitty behaviour that is needs to be punished, no question. scumbags like these and their actions are further arguments for politicians for regulating the space more.
remember when people wanted to defend ice for fostering a hateful community... where are those people now??
when people know who he is. how is this fucker still alive? serious question.
lol if you give money to ecelebs you deserve to watch them drive around in a tesla they paid for with your money
too many popular youtubers
and what i dont really care good for him. how can people still fall for these things.
i mean, why wouldn't he?
i kind of felt like this guy would stupidly put himself in jail, guess it was good intuition.
this guy has a long history of bad behavior he was banned permanently from twitch and a host of other streaming sites if i remember correctly. i don’t know what he did though. so he is a shady guy.
well at least he is punishing himself and getting a tesla. i guess some of that cash is being held in reserve for when it rolls of the lot broken or inevitably needs ludicrously overpriced repairs?
damn, how many moons is this copypasta article post gonna get
i get the feeling a lot of the investment in this crypto was borne of the idea of pumping it up to dump, and these small fish were surprised the founder had the same plan. it doesn’t make sense how any of this valuation can be tethered to anything else. what, you think shops will accept 19 varying values of currency?
i hope he gets publicly flogged x100.
he's gonna get swatted for this.
honestly if you’re still dumb enough to buy shitcoins in 2022 i don’t even feel sorry for ya.
if only he wasn’t banned from twitch, he could be pulling the same tactics his old cameraman implements.
no sympathy for the people who got scammed. ice does not like his fans and they do not like him.
i hope this guy gets nailed really hard...piece of shit
did he just put a hit in his head?
hope he crashes his tesla
they really don’t think they’ll get caught do they?
bro gets 500000 and just buys a car smh 🤦🏽‍♂️
he should not be shocked why his audience tries to mess with him
won’t be surprised that he gets clapped for bragging about it.
not really surprising considering he’s been banned in other platforms. those invested should have seen it coming.
lmao is that ice poseidon ??!
have fun in jail
yeah, coffee called him out.
youtubers… aren’t… trustworth?!???! what has happened to the world
from runescape scams to crypto scams.
didn’t he explain live on twitch how he was running a ponzi scheme all while saying it wasn’t a scheme? how anyone would give credibility to this guy is beyond me.
sounds like someone got grifted on an unregulated market
and admits in a interview
so law doenst exist in crypto right?
there’s a sucker born every minute!
youtube watchers are basically npcs anyway
what’s the difference between this cxcoin token and a non-fungible token?
it is true cryptos are the favorite tool of scammers and criminals worldwide. i was recently hit on by a scammer pretending to be a major movie star who i was friends with 20 years ago in la. at first i thought he might be real and remembered me , but it was soon obvius he was not. he even showed me a fake passport photo of the movie star tying to convince me. so i played along and pretended i believed him. his next move was to invite me into a private fan club where i would have direct access to him and where we could plan to go hang out together in person. but then he told me the fan club membership was . lol can you imagine a top movie star trying to charge someone ? that is when i knew for sure he was a fraud and reported him. but lesson being, beware anyone asking you for cryptos in payment for a sketchy service or product that they might never deliver. because unlike a credit card you cannot thispute the charge later, the money is just gone. 99% chance that is a scammer.
this is what happens when "this one guy made money" becomes investment advice.
i wonder whatever happened to boldazar or however you spell it? the cool introverted friend he had before ice got super douchy.
funny how yall think this is bad. look at bitboy. he made over 🤣🤣
hahahahaha ya gotta be smarter than that. crypto coins are volatile as fuck and nft's are fucking scams all the way. people people people, have some decency to research and find the bullshit in all these sources. just like wolf of wall street, do not fall for everything, ya might get hurt
he pretty much called the investors dumb in the coffee zilla interview
fuck it dood cx
not the first time or the last.
this guy! lol who gave this scum their money. here he is doing coke. he does, an extreme alcoholic who has diabetes and his legs and toes are literally rotting away. they also are “ everyone in chat type alex is a stupid n*****” ( warning here) i went down a rabbit hole of these dudes and this is just the tip of the iceberg. these dudes are literal trailer trash that got views because people wanted to watch others throw their life away.
when a corporation does this they give themselves bonuses. when a person does it they get ostracized
it's just people like him that keep giving crypto a bad rap, and first off not financial advice but you should almost never invest in any crypto that a influencer especially in one that is not a financial expert and one that is been investigated by the fbi in the past i'm just saying 🤷‍♂️
this. guy is such a steaming pile of shit of a human.
i love this. this is what real winners do.
someone need to kick that guy to death
this is literally not the first time ice has run a ponzi scheme. it’s like soulja boy and his knock off console if you fall for this shit you deserved to be scammed
why are redditors pretending they know better than the people who gave this idiot money? like is anyone here actually surprised, after you gave that one guy hundreds of dollars to make a reddit island for yall? hello?
boycott him , bann his twitch , destroy his life
good fuck these dumb ass people
you shouldn’t feel sorry for him ripping off his trash fan base. i’m going to use this opportunity to shit on him as a shitty weirdo and his shitty weirdo fan base. they’re both trash. it’s always the ones you most suspect lol
seems like a lot of fraud for a little money.
i cannot help but think anyone who bought this shitcoin was trying to make a profit themselves, and this idea of him stealing is a little half backed.
he looks so happy in his new tesla!
yo this story is so fucked. he was confronted about this and literally said something along the lines of - yeah i did the right thing because the crypto market crashed anyway. so pulling the money out before the crash was smart because it would have dumped anyway.
at which point are the victims to blame here? cryptocurrency is well known for scams, and this guy is a well known scammer. did they think he was going to launch the next competitive dollar with a name called "cxcoin" that was identical to all the other shitcoins? what could have possibly been the conclusion here, besides an obvious rug pull? is it a scam if it it is overwhelmingly obvious what's going to happen, and that the buyers were also trying to get in on the scam?
how does he still have fans?
lol, people are still stupid in 2022 to listen to investment tips from a damn stupid youtuber, we have a long road o go through before people understand crypto
what a lousy human being. karma will catch up to him in one way or another.
lol of course its ice poseidon
this article fails to mention he bought all pre-sale tokens, then dumped them during public sale.
iceposeidon is doubly idiot: * scams for money * buys tesla * loses money by buying tesla
i’m not saying i think what ice did was cool or acceptable or anything like that, but as someone who’s watched his content from the sides for a while, who the hell was dumb enough to think he was serious and this wasn’t a rug pull? he’s said like 15 times in the past that if given the option he would do this, like so much so i even began wondering if the whole cxcoin move was a troll and money grab that almost everyone was in on, i gather not lol
i'm not sure what's more shocking, that a popular youtuber scammed their fans out of half a million dollars, or that they shamelessly bought a new tesla with the money. either way, it just goes to show that you cannot trust anyone on reddit.
can someone text elon and ask him to thisable the car? turn it into a lawn ornament.
he is, was and will ever be a scum. ttd
cxcoin - cocks coin 🤣
thought for sure it was going to be hassan piker
this and nfts i believe are absolute scams that social media "stars" are all in on. just some get caught out, some dont. it's fucking thisgusting.
you don’t know what shameless is until you have been rug pulled.
ice...how you've fallen from grace. it's a shame
could have started a church and gotten the car 30% off
he is a shitty person, but it does not excuse the dentheads who bought in in the first place. if there is a crypto backed by an influencer, it will 100% drop to 0. do not buy
crypto’s the socio-economic version of cold fusion.
keep buying shitcoins suckers
so just literally the same as every other crypto? how is this any different? (it isnt)
best advice anybody ever gave me in the crypto space- do not listen to any of these you tubers
he said, what are you gonna do about it?
not popular btw, hes despised by most now
stop buying some douchetuber shit coin. stop supporting them. they offer nothing of value, if you participated you deserve to get rug pulled.
stealing from crypto bros? based
literally not even the first time he is done it.
celebs & influencers re enacting what robinhood does, steal from the poor to give to the already wealthy & rich people.
don’t feel bad for any of them. idiots.
shame shame shame. make him do the walk of shame before sending him to ryker.
i wonder if he will be able to ride that tesla with broken knees
wouldn't be surprised if this guy was killed
hilton did same shit
why do people watch this crap? ignore all the youtubers and thiscord chats; read whitepapers, read what head developers are saying, invest only what you are ok to lose, imho
don't know why people are angry. investing should be a boring rational decision. if you do not know shit just by an etf. if you buy a shit because of a youtuber i think you learned a lesson and now you can buy an msci world or get smart enough for investing.
so, someone you've never met and never heard of before wants to sell you crypto you also never heard of, and you're like, "what could possibly go wrong???"
good, his fans deserve it.
oh wow, ice poseidon doing something bad again
his fans are the most obnoxious fucking guys ever, this couldn’t have happened to a more deserving group.
this is some high stupidity level never seen before
this is what happens when kids get the internet before learning how to tell when someone is bullshittig. shame on the kids parents for letting youtube raise their kids.0
play stupid games, go to jail for fraud. damn, i hate people!
is this the guy from tsuzuki inu?
i hope karma will pay will him sooner or later.
this guy made his career by being a scumbag and a thief. i'm not sure what's worse, blindly sinking your money into something you do not understand or knowing who ice is and sinking it anyway? it does not surprise me that everybody around this dude will learn the hard way and he will get his sooner or later
he’s a douche for sure, but the people who invested in this should’ve known better. buyer beware on this one.
stories like these are the reason i will never give content creators money directly.
its stuff like this that is going to cause regulation.
crypto is just mlm for dude bros. idk how many times i say it, but it’s factual.
good for him do not invest in what you do not understand people!
it is motherfuckers like this that i monitor my son's activities on social media like a hawk
hrr drr crypto is the future
bigger idiots giving a lesser idiot money. sounds like a them problem. how could you be that stupid?
isn’t this what most influencers are doing?
of all the youtubers this could have been, why am i not at all surprised to see that it is ice poseidon hahaha i swear this guy repeatedly gets caught up in the most ridiculous circumstances.
if you are that stupid to buy a crypto currency from a youtube, you deserve to lose your money.
by making fool of someone does not make you smart , it makes you cheater , whatsoever he is driving tesla or donkey cart
going to jail (as half a millionaire) how many sequels will there be 😏
grifters, buzz. grifters everywhere
remember when reddit was constantly spammed with this guys sub postings? it was fucking nonstop for awhile.
seriously asking for science, what does "pulling the rug" means here exactly?
perhaps he can be gone after for tax fraud if he doesn’t pay his taxes on that…
hes getting more clout out of this than he deserves. this only helps this pos.
they'll come out when he does not pay tax lol but it all seriousness this person needs to go to jail. i think he is be swatted before so.
is he in prison?
did anyone actually lose money? i dont see any comments complaining about losing money.
would it have been possible to short the coin using forex?
oh i thought ip2 was the toxic ones. funny how the tables turned. i bet he thinks the whole world it toxic now.
when you say it like that it sounds bad he says lol
he's not ballin because it is wen lambo, not wen tesla
didn't he do something similar before though? only have vague recollections, since i do not really follow this guy.
haha people who fall for these deserve to lose their money.
totally legal, since crypto is unregulated these rugpulls etc... are perfectly fine.
worlds filled with suckers
so, the plan was to create a **youtube channel >** **become popular >** **create a shitcoin** and finally **>** **buy tesla?**... kind of a long and dangerous way to get tesla
who are these people questioning whether this is illegal? it is 100% fraud and criminal under at least five different federal statutes, including, potentially, securities laws. it is irrelevant whether or not “crypto” is regulated generally or, more aptly, whether btc is regulated. this dude implemented a scheme and artifice to defraud individuals of money and used interstate communications and bank transfers in doing so. wire fraud low hanging fruit. dude will go to jail.
wow what a piece of shit. i hope he gets what's coming to him.
so like every other shit coin?
coffeezilla interviewing ice poseidon about the scam: he admits to rug pulling without saying its rug pulling.
i read about this at work this morning… wow 👎
this is why you just buy bitcoin and monero and drown out all the other noise. i got eth to flip (and legit use) nft's and even with tax software to try and track metamask it is such a nightmare and waaay off that i wish i had just stuck to the 2 coins listed the whole time.
i love it how the tl;dr reddit bot used the word "allegedly" yet op is outright accusing him of doing this in the title. hope op does not get sued!
this is like handing a wad of cash to the local crack fiend and expecting him to only buy dinner with it.
just take out 500k in body parts and call it even.
i see a ski mask in a baseball bat in his future!
anyone see coffeezilla's interview of him on youtube? they talk for over a half hour and he feels no guilt whatsoever it is so messed up
i remember supporting this guy when he was a small streamer. used to think he was just a funny dude doing improv humor, but these days it just sickens me to see him.
didn’t he launch a business a few years ago and when asked for the business plan he perfectly described a ponzi scheme?
buddy does not fuck
just another day in crypto youtube
but, but crypto is the future…...
this guy makes wise investment choices for a scammer. buy a car that depreciated like 25% right off the lot.
that’s not stealing. that’s capitalism. if your dumb enough to buy it you deserve what you get
cx in the chat.
this is why crypto needs regulation.
maybe people will learn to do research, and not just buy into something stupid because someone says to 🤷🏻‍♂️. also, fuck that guy
you do you man.
should of bought bankersdream
he voluntarily thisclosed that he engaged in fraudulent activity; to look out for himself. the difference unlike the rest of the influencer crypto scams is he is guilty by his own admission and should be held accountable.
why i’m i getting this notification when i’ve just watched cracked- if cryptocurrency ads were honest on youtube? 😩
cxcoin to the moon
why do people fall for this? crypto is getting such a bad name with so many people - with big followings - rug pulling and ripping everyone off
people who bought are guilty because they are dumb af. he just told them to buy, and sold just like everyone.
well done. suckers gonna buy anything today. good lesson for them :-) who wants to buy some buttcoin? it is a long term investment :-)
coffeezilla interview really highlighted how much of a sociopath this guy is.
i can’t imagine being stupid enough to trust ice poseidon with your money holy shit
bet that tesla burns before the end of the month lmao
i’m so surprised. people got scammed with crypto. wow.
they should of looked at the white paper. pump and dumps are everywhere in crypto, but they really are not that hard to avoid.
hope he gets prison as his reward.
if you bought crypto from a pos youtube...im sorry to say you deserved this. it sucks but wow the sheer stupidity
hence why i do not get my investment advice from youtube and put a shit ton of research in before i decide that it is something i want to buy.
some will simply call this “capitalism”
hopefully he will go broke soon enough and lose his fans completely over this , i mean he pulled a way worse "phant0mlord".
i remember seeing ice himself commenting on reddit about how cx coin was not a scam 🥲
crazy things are happening
ezhacks guide already told us he hates him
if we could find a way to take everything he owns and not give any of it back to the literal mouthbreathers that were stupid enough to buy his shitcoin that would be great.
i don’t even feel sorry for people who invested.
dumb people do dumb shit with their money...
i knew teslas were expensive, but damn...
how exactly does he feel now, elated, fulfilled? people keep sourcing out for pump and dump scheme, a quick 1000x in less than 5mins & devs like this keeps luring them to being rekt. after they will go around saying crypto is a scam, always do the right amount of research and invest in low cap projects that have good tokenomics, highly productive team, check who's backing them up, dyor; holoride & sylo are gaining the public adoption they deserve, i am high on hopium though.
sounds similar to bitconnect. he could face repercussions from the sec for a ponzi scheme.
fucking dirtbag, just like 80 percent of the scammers. he should rot in hell.
would it be any better if he bought shamefully?
i only buy what people say are going to the moon
popular? who tf is this guy?
just dug into his youtube channel, you can see how wasted he: not worth a subscriber, coz you waste your time following him. period.
it's more like (initial investment) + (marketing budget) + (liquidity pool). so, he scammed out . he returned(~) in the end. still scammed out .
yikes… short term play… wonder how it’ll affect anything long term for his fans and him
if i have to look at this piece of shits picture every time this app opens gonna lose my shit, dirt bag needs to rot in hell.
crypto will struggle for acceptance because it inherently lends itself to scumbags ripping off the layman desperate to improve their financial situation
a fool and his money will be soon parted! why are people so trusting to some idiot on youtube?
the future of crypto
that’s what you get for believing in a youtuber.
bust him with a netflix documentary, “ice poseidon: pump and dump chump”.
do scammers even go to jail ? i never see any evidence of a scammer being punished… just saying those type of post without any punishment reported are creating evil masterminds lol.
that’s… like wow. you’re okay going to jail for just 300k? learn from quadraix…
i'd be annoyed if it was anyone other than ice poseidon. how could anyone not assume he would rug pull at the first opportunity.
ice piss is a lost cause.
karma is a bitch. wait for it. thanks bot btw.
i do hope that when governments put laws on crypto they also backdate them and go after people like this guy.
i've been a fan of ice since december 2016, so i've been following him for a long time now. he was on a podcast (pka 547, it is at the 2 hour make if you want to look it up) maybe a year ago talking about how he consistently buys a new coin and sells it within 20 minutes or so. dude put his own brand on the line that he is spent years repairing, only to pull this and thinks he is done nothing wrong.
is this the same ice poseidon that owned a csgo gambling site and was fixing his bets on stream to constantly hit the largest bets, thisclosing none of it to his fans so they would gamble their money on his site? yea, dudes a piece of shit.
am i misremembering this or is ice poseidon alt-right?
not really allegedly. guys admitted to it
he has also repeatedly admitted openly in interviews to doing exactly this. stating he had the power even to return the full amount to investors and chose to “look out for himself” instead. charlie (moistcritikal) did a video on him the other day that sums up the whole thing quite well.
nothing alleged about it, he openly admitted to it in an interview lol
a good lesson for the people who invested in this. * dont take investment advice from social media. * research what you are getting into. * dont trust anyone to give you good advice for free for no reason.
thanks for the summary buddy!
this shit is why i can’t wait for the sec to rip the bandaid off already. the truly decentralized projects with be fine and these fuckers will get fucked.
you all really need to stop following advice from nobodies on youtube. sorry if you got suckered but this is an age old strategy that has been around since man could communicate.
how do people still watch ice poseidon
he did not "allegedly" steal, he did steal. he literally admitted to it.
> ice poseidon it always comes back to cx, why am i not surprised
they deserve it if they were dumb enough to trust ice poseidon of all people lmao
can somebody fill me in - isn't he also one of those "livestreamer" twitch douchebags who streams how much of a fucking degenerate he is in public? if so, then i wouldn't exactly say his fans were scammed. if you're going to support and believe a fucking moron like this, then the outcome was not exactly a surprise. hopefully they learned a hard lesson about these idiots they idolize.
> ice poseidon now that is a name i have not heard in a long time.
god damn, this was written by a bot?
oh ice poseidon? i swear that name shows up when terrible things are happening
of fucking course it was iceposeidon lol dude has been a total piece of shit for years; if you're buying crypto (or anything) he is promoting at this point that is at least partially on you
is it “alleged” when he’s blatantly confessed to it? coffeezilla interviewed him and he was completely blunt about it all. [here is the short version.]( [here is the full version.](
not allegedly 🤣 he full on confessed to it
it's not allegedly. he flat out admitted it to a partner on the project and has proof. it was on phillyd's show.
allegedly? he openly admitted to it.
i’ve been out of the game for a bit. when did bots become so good at summarizing?
just looked at the video, it is not even a brand new tesla, its a used model 3... not that it makes a difference but you would think we 500k he would have gotten a plaid or something...
i love all the moons this bot has, lol
if you are investing in a crypto currency that has no goods or services backing it. you are in for a bad time.
what’s the point? crypto is just a speculators game not an investment! anyone who would pour millions into that is beyond incompetent.
not allegedly. he admitted it on camera multiple times.
>tldr; a youtuber named ice poseidon instantly lost all sympathy.
i like this bot
pretty sure that guy has always been a cunt. anybody that bought into his crypto was just asking for it.
didn’t his parents get rich off of committing insurance fraud?
well that is blatant fraud. someone should sue him
lol ice poseidon supporters deserve this and worse
he'll get what's coming to him when they lock his ass up for fraud.
scum of the earth. he has a very punchable face.
what do you want him to say? sometimes he just has to look out for himself lol
why would he even agree to an interview? he is clearly a sociopath.
this isn’t the first time ice has ran a [ponzi scheme]( cx
i dont even watch that guy but the things you hear about him already speak volumes. his viewers had it coming. obvious scum.
i cannot believe this dude still has fans. i thought he was irrelevant for years now.
i see this loser from time to time but know absolutely nothing about him or why he is popular. and based off appearances i dont get it.
this guy has just been a train wreck.
what arm thing, homie?
him and sam pepper are perfect for each other
youtube has gone downhill. they do nothing about scams that are advertised
getting rid of downvotes is probably the best thing to ever happen to yt scammers now the gullible can no longer see the 95k downvotes to 1k upvotes on obvious scams... its literally helping people spread misinformation and scams to the most gullible of society that may or may not have relied on people telling them if its "bad content" or not
the quantity of shit content on youtube is too damn high. we need the thislikes back!
isn't the guy's face everywhere? why cannot he be caught
that's the thislike button
they had to turn off thislikes because the white house videos had *awful* ratios.
youtube needs a proper justice system
that’s why we don’t need this centralized authority anymore. wait until blockchain technology gives us a better version of youtube.
that name rang a bell somewhere i know he was a runescape streamer and i’m pretty sure there was some kind of controversy with him couple years back but i can‘t remember what exactly he did (in r)
well yeah? that's why we all tuned in to the streams. he collected the most attention craving streamers on the internet to embarrass themselves. i view it the same way as someone who enjoys watching the show hoarders. there's a subconscious "thank fuck i'm not like these people" feeling.
makes me wonder if his sheepy audience who'd fall for his shit got it coming for them like cmon now
i'm mostly shocked he was able to get that many people to buy in. he's pretty irrelevant these days.
couldn't remember what he did but his name left a sour taste in my mouth, would never touch anything he attaches his name to
dude made 300k and spent most of it in one of the fastest depreciating type of assets out there. so yeah, the dude will be looking for more money soon, only these type of scams suffer from the law of diminishing returns. wouldn’t be surprised if he ends up in jail
this is the most chilling thing i’ve read on reddit today, and i just read the name “ice poseidon”
maybe not today, or this year, but soon... can't live the rest of your days on 500k once in your life, and good luck finding any career after being blasted on social media
that’s what these comments don’t understand. his community is pure hate watchers from years ago. his viewers doxxed him on an airplane and got him perma banned from twitch years ago. them getting scammed was their goal
what’s hilarious is his twitter has a plea for twitch to unban him and how he’s grown up and is responsible now. lmfao!!!
exactly this, no remorse because this was the punchline and his fans never bought it probably knowing this.
especially ice poseidon lol. dude is not known to be a smart person or crypto smart. the people who threw the 500k at him, were all greedy and dumb
don't think that you got scammed. think that you have invested in tesla.
how can someone fall for this shit?
if only people can stop being greedy
some people are just that dumb. there is a reason why all those nigerian prince scams exist.
people did not deserve to lose their money from a scam. he has got the jordan belfort mindset that the money is better in his hands. he's a criminal.
this is what this scammer said as well. that his loyal fans deserve to be ripped off. tsk. twisted mentality
i am sick and tired of this sentiment, nobody deserves harm because they are ignorant or gullible, no body likes to be manipulated or taken advantage of, it happens because they cannot do better
true. but i would really like to see someone qualified comment on why people would do this. i do wonder what is going though their heads.
i am just thinking but...how is this different from buying farts in the jar or watching stupid "unpacking" videos...or xyz other stupid "youtubers"? most of them make more money from making low quality content with heaps of eye candy than i do as an engineer:d
it’s infuriating when people pump and dump, but i have to say, the investors also need to research what they’re getting into
no one deserves to be ripped off. do you also think old ladies deserve to be mugged?
**no one deserves to lose their hard earn money, not even if you are dumb af!**
i don’t think they deserved to be ripped off, but they sure needed to learn a lesson and i guess that’s the price they paid for said lesson
if you walk around scantily dressed you deserve to be raped
dude, but that bathwater is totally wörth that money, its an investment
i came for this. in a way these people pay for a education(the hard way).
rule number one of investing: if someone is trying to sell you on an investing opportunity, the stop listening.
yes they are already rich from ads
ice poseidon's whole justification for doing what he did is that people should have known better. you are basically agreeing with him that his victim's deserved it.
if you throw lots of money, then yeah, but i do not see a problem with something like subbing to someone whose content you enjoy and use regularly.
yea that’s what i thought. tough guy facade is just compensating for a terrified little boy. i bet you’re miserable.
idolizing anyone at all. especially people who you do not know personally. recognize traits in people you like and thislike but definitely do not put them on a pedestal.
or giving them money
it's thisgusting how he tries to uno reverse the blame on the people buying his coin and brags about how he was smarter than all of them, like it is some sort of game instead of him breaking the trust between him and his fans and blatantly scamming them. and of course he did not do anything wrong and he was the real victim! so fucking out of touch with the world.
it's crazy to me that he is admitting this on video
he should be punished!
what these idiots do not realize is they lured investors via fraudulent business proposition and then stole their investment. even though the investors were gullible and blinded by greed, there is still legal avenues they can pursue against him. he will face consequences.
i would not be surprised that one day he would be found dead inside his tesla.
he's flaunting his ill gotten wealth
he literally did interviews where he fully admitted to scamming people and had no remorse whatsoever.
the funniest part of this is ice poseidon has already been raided by the fbi. this guy is basically begging for a felony at this point.
he will get caught soon
i thought you guys do not like when the government interfere with crypto business
because it’s not financial fraud. since the crypto market is unregulated. you could get to him but there is no guiding legal framework there, so that will be a long and complex and expensive process.
just give it some time time, he will most likely go to jail over this. sec has 100% already started a case.
he's gonna get caught soon. he's not driving that tesla for long.
he bought himself a prison cell.
caught doing what exactly?
i watched some detective video on youtube about this dude. apparently, at the same time finds thisappeared out of the marketing locked coins he streamed himself at a tesla dealer buying a new car.
seriously, i do not think most of the people in this thread understand who he is. its not even worth the youtube "exposed" video, that kind of horrible publicity is his bread and butter, probably fuel for the next scam. hardly the worst thing dude has ever done.
i do not think he is audience are old enough to have a job.
at this point i’d you’re stupid enough to invest in shit like that it’s on you.
you would have to have a regulatory agency that oversees crypto to do that
the video in question:
they do seem to go hand in hand quite often.
a steel bar should be inside his ass.
so now you do not want decentralization?
this is a highly underrated comment given that ice started as a runescape streamer
that was after he lost his fame and he was just trying to pull chicks on what he use to have (fans) at that point we all knew he was a scammer and he fell off hard.
poor guy didn’t get enough for a lambo
the fact that he did this to his fans, the only reason he has any success is such a dog act.
that shit was over the moment he was banned on twitch
it’s been gone. he’s streaming once a month if that. gambling other peoples money. last time some kid gave him 10k just to hang out with him and ice gambled it all away on stream within a few hours.
isn’t this the default tesla option ?
we could call it the crypto exchange commission!
then he could become president.
the people he scammed may go after him
yeah right. next thing you'll tell us is that a con artist can become president. ' ' wait...
states the obvious, gets downvoted. welcome to reddit.
100% lmao. and i bet those same idiots will help him do it again when they are done complaining about it 15 mins later.
watch coffezilla's video. ice put back some of the money into the coin (40k i belive), trying to redeem himself lmao
i honestly bet most knew it was a scam, but probably hoped to "get out" before the rug came out.
one issue is all the people shilling sh!t coins on reddit. it's a strong case for being a bitcoin maxi. maxi's do not get rug pulled.
funny thing is this sub will scream about banks, governments, investors, etc saying crypto is highly risky and full of scams, then laugh about people getting getting scammed, often commenting on how common these scams are.
do the arm thing homie
he just took profit. pump and dump is not illegal.
would love to hear more as well, hopefully an ending to the story that envolves justice being served!
pretty sure existing laws and regulation can already get used to prosecute this guy
is what he did illegal or no?
i hate crypto as much as the next guy, but this happens with cash as well. there will always be people stupid enough to buy into scams.
all coins are scams. ones are just more popular
but pump and dump is not illegal in crypto, so he didn’t do anything wrong. just took a profit. that’s the type of market you guys wanted.
how is it misleading? the guy took out money from a liquity pool for his own gain instead of building the product that was promised and left it to die. the price of a coin does not matter if there is no liquidity. if everyone that bought would now try to sell for a higher price, they cannot. it's literally fraud.
is that though because the people holding literally cannot do anything with it? they cannot sell because the liquidity pool is gone and no other exchanges are going to buy. no transactions no price change to track.
probably not, this story does not cover how many holders there were or the average amount of . i doubt anyone threw in a memorable amount of money into that token
that's why i never pay with . why pay a 've got groceries worth like ? ' >!money is divisible!<
this is not a scam. and this guy will not be held accountable for anything ...
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it's true. [coffeezilla got him to straight up admit to it]( he does not even feel bad or see anything wrong with it either.
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people literally just give him their money
a lot of people barely do any research
teslas are self driving ... so yes. yes he will
i'm not so sure that is totally accurate as some others here have stated. depends on jurisdictions and other factors but yes unfortunately so far many rugpulls have not been prosecuted so to a criminal it may seem safe. hopefully not for long
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not sure if he goes to jail but you're 100% right. scamming is scamming regardless of the thing being scammed with is regulated. there's so many different ways he could be held liable, various laws that many lawyers could weave into.
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i think he is the guy who livestreams himself outside all the time and someone is always calling the cops on him with false and serious accusations to get him swatted bc they recognize his location from the background.
they're sitting in thiscord as if nothing happened. he could probably do the same thing all over again.
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didn't the paul bros do the same with dink doink?
pretty sure the government is behind on crypto...arent rugpulls legal? morally wrong but since crypto isnt regulated then what can they really do? and i use to watch ice forever ago, dudes always been a dirtbag scamming people in runescape and other games lmao.
is what he did illegal in some way? it was a rug pull. he made a crypto, told a bunch of people to invest, they did, then he yanked his money out. has anybody ever gone to prison for this? not that i can find.
this guy should be jailed and punished! shameless, thishonest fraudster.
i wonder if he would go to jail though?
>nadian crypto exchange that went under. co-founder of quadriga then started time wonderland under the name sifu. guy is a terrible per i was wondering if rug pullers ever get caught and i was surprised to come across a few articles. ' [ [ ' ' i was thinking surely this guy op is talking about is not stupid enough to rugpull whilst being well known, then i remembered this is the internet where people forget their actions have real-world consequences
id pay my last 300k to get out of jail. living on the street is better. i hope he enjoys his 10 year stay along with all of his assets seized.
crypto is not regulated which means that is not illegal. this is why crypto is fucking stupid
jail? that guy died... allegedly. cremated before identified.
just look at this idiot’s face my dude. not the brightest tool in the shed, i can tell you that
honest question: afaik this guy was not acting as securities dealer or taking deposits like a bank. how is selling tokens different from selling homemade trinkets or baseball cards? if this is illegal, then how? if he is not paying taxes on gains that is a different story.
he even admits it and says that he won’t return the money.
lol better not to learn anything from them.
jail ? nothing he did was illegal, crypto is not regulated ...
so... get out of jail and earn the trust of danielle and get put in charge of a massive treasury?
pump and dumps are a crime with stocks, but not woth crypto. the vast majority of coins are some level of bigger fool scams and nothing is done about them.
i mean the authorities are not doing much to prevent this. even the other founder of quadriga had previous felonies and yet was allowed to create a company.
made in total like 900k? just withdrew 300k from a liquidity pool all at once.
that’s the sad part, what he did is 100% legal and there is nothing wrong with it legally.
i... i don’t think jail is on the table lol? it’s unregulated, and this isn’t the first time this has happened. any evidence of any of the others facing repercussions other than to their subscriber count?
i guess i’m being airheathish but what illegal stuff happened?
i think it was 500, some came from a marketing account he pilfered and then he rug pulled the 300 k.
hes not going to jail tho lol
what he did was not illegal
is he going to jail though? didn't mention an arrest anywhere in the article. unless he did something by mail, he is not going anywhere (probably. ianal.) also, are people still shocked shocked that the 20,000th new coin or token has no point and is a scheme? esp one made for no apparent reason other than money, promoted by someone famous who is not a programmer.
did he see any jail time?
not sure he’s going to jail... what exactly law did he brake? many many of these coins have gon the exact same way with 0 consequences because cyrpto isn’t federaly regulated like many other things. you can’t expect the gov to figure out if somthing is a scam for you.
you think this guy is going to go to jail? lol. what law did he violate? even if he violated something (it would depend on the exact words he used), he would be a very small fish. there is pretty much 0% chance he will spend even 1 day in jail.
lol 10+ years federal prison for 300k that he got to enjoy for a month. talk about shortsighted, ffs
u dont go to jail cus crypto isnt regulated by gov. he will never go to jail for this
i can’t wait for someone to hack his tesla and drive it off a cliff
jail? what this youtube did isn’t illegal. shady? yes. a scam? totally. illegal? no.
let's me honest here. is he really going to go to jail for it? paul brothers did it, faze organization members did it and many more "influencers" scammed their fans with crypto and nsft bs and i do not see any news about them going to jail. the sec did shit all and i hope they step up their game and jail all these scammers.
his shamelessness, i was prepared for. the man is a narcissist. his unwillingness to reimburse his followers after being caught red-handed, though? pure madness. does the man think that the police only exist offline? truth and consequence is not just a town in new mexico.
a rug pull is not the same though? gerry stole user's funds when he could not keep his poniz scheme going. this guy just sold all of his coins. they can try to go after him for offering financial advice when he should not have but good luck...
dumb ... real dumb question since crypto is the wild wild west and there are no true rules, how will this guy go to jail? i mean there are no regulations and since because of that, what this guy did wouldn't really violate any laws
who? google doesn’t even show anything for that name
doubt he is going to face any consequences
it's different when the exchange itself is involved in the scam (in the case of quadrigacx). in this case, there is not much the law can do. it's more of a lesson for the scammed. don't buy youtuber shilled coins. it's gonna be a rug pull every time.
the chances of him going to jail are probably surprisingly low. you invest in cardano and if hosky sells all of his holdings and the price goes down to a few pennies do you think he would be going to jail? not a chance.
haha yea more like learn that no one goes to jail in crypto crime... smh. dd is so much more than a nice set of tits.
he won’t though pump and dump is not illegal for crypto
cryptocurrency scams are not currently illegal fwiu. they are for stocks, but not crypto
should've gone to india first, "died", then bought the tesla
is it regulated properly yet? i thought the entire hype behind it was that people can relive the fucked up financial markets of the 18th century all over again and avoid all the shitty oppressive regulation that stops this shit.
eli5: why is that illegal? is that because this is setup with the intention of being a scam? in comparison if i had 100k youtube subscribers and i said invest in spy and the market crashed a week later; that would be unintended right?
jail? for what? the new coin was going to revolutionize finance as we know it! it was super unique from other coins too im sure there was a whitepaper and everything!
actually the fbi does not have time to go after small scams like that. i was a scam victim once and the fbi only took the case because a congressman was also scammed. he told me that they generally never even look at a case under ,000,000. so buyer beware and remember all scammers love and use cryptos these days. it creates one extra level of cover for them when they make their getaway.
trump did over 25 million on tu and settled in court. that was with real dollars. being bitcoin, i'd be surprised to see anything happen to him at all.
you cannot go to jail for crypto it is unregulated and the terms and conditions are probably setup well.
ice has stolen far more than .
that is the beauty of crypto, no regulations! nothing is illegal!
is there anything legal wise that ensures an actual lawsuit due to it being crypto? for all we know literally by users joining the site they agreed to understand to all risks and repercussions. nobody reads terms and conditions these days. like this isnt a stock or anything. its a system thats completely new and has no legislature behind it or federal governing body to vet it.
being shamed on internet is going to be punishment enough.
i've read that rug pulls are not illegal. honestly, his old twitch channel looked scammy due to all the emoji spam.
why would he go to jail?
he’s never exactly been very smart. ice poseidon has always been a piece of shit. he’s literally such a piece of shit he got permanently banned on twitch. he’s also done this several times and told everyone straight to their face he was scamming them before they paid. yes he’s garbage, but at this point it’s your fault if you give him money lmao.
capitalism is built on scamming. how do you decide which ones go to jail? as is said in grapes of wrath... "you go steal that tire an' you're a thief, but he tried to steal your four dollars for a busted tire. they call that sound business."
well... actually he might not go to jail. bitconnect scams went to jail and stuff for other reasons then just rug pulling. i do not think there is inherently anything illegal about rug pulling. and he can always say "it is a long term investment for bullshit reason x y and z" - even though its not. but like, what a fucking ass hole. like, literally you are purposely leading all these people astray just to ratfuck them out of 500k, of which you have 300k after taxes, it is just amazing how people can be such fucking ass holes.
what crime did he commit? is it illegal to create a crypto that nose dives, bc many would be going to jail
biden administration, people dont go to jail...that is the problem
can he actually go to jail for this? from what i'm reading it seems like it is pretty rare for people to get charged"regulated"
yeah, i almost feel like anyone who is a fan of him deserved this. he has always been one of the most blatantly shitty youtubers out there.
i underestimated his stupidity. it seemed like he was making a legitimate attempt at streaming on youtube for a bit last year. it does suck that getting banned on twitch and all that started limiting his options. but seriously it seems he simply got lazy and ruining his reputation with this sketchy shit for 300k is like one of the lowest iq moves out there. he’s terrible with money and not even 30 years old. rip ice.
his name sounds familiar, as in, i vaguely remember he is infamous for something else as well.
excellent as usual 👍
here, have some karma
it's ice poisedon. his subreddit was banned years ago including his twitch. there's no karma for this dude after all the stuff he is pulled on these irl live streams.
laws cannot be backdated but i do not see how this is not illegal anyway. surely this is fraud already.
you're part of the problem. why do people insist of being fans of shit? just stop paying attention to attention whores. these guys wouldn't exist if morons weren't "fans".
lmao imagine being an ice fan.
can you even argue it was fraud when he literally has clips of him saying “what, i can make my own coin and then just pull it all out when it hits like a billion dollars?! what the fuck am i doing wasting my time” when he was just trading other shitcoins and a viewer told him that he could create his own. anyone that bought this coin was an idiot in my opinion, dude is still scum of the earth tho. edit: upon further digging i’ve found he was shilling it as if it was legit and he put a ton of work into it so i change my mind, definitely fraudulent claims.
nothing is going to happen to him, just watch. people have been doing these kinds of scams for some time now specifically because they know that they are not going to face repricussions.
good. i hope he rots in jail. crypto has a bad rep all because of frauds like him.
punchable is very forgiving of you. are you a saint?
narcissist. he is asking for an audience.
why hasnt he been reported to the fbi ._.
mofo gets doxxed by he is own audience. dude cannot do irl (in real life stream) because his audience calls the place he enters to prank call and he gets in trouble or kicked out. mofo got detained by police in the airport because the audience called with bomb pranks.
i can’t believe his fans still trust him after everything he’s pulled
i mean some idiots donate like , so i bet a large number of his "investors" were expecting this anyway...
>sam pepper ah, completely forgot about him (thanks for ruining that streak). wonder what he is up to these days! ***\*twitter is full of nft garbage\**** yep...sounds...sounds about right.
they’re just happy making money to care
so there are no scams on reddit?
this was not a scam. this was an invitation to a moron party.
they can just pay for likes and few will know the difference
there's probably some gray areas in regards to crypto rug pulls. idk if you can call the sec or the fbi on him, prove that he is committed fraud (which it is), stole funds, money laundering etc. edit: someone below posted [sec's statement regarding crypto scams]( but it is from 2017...
wish they didn’t thisable the count
it’s more than the white house, it’s probably more to do with corporate advertisers. that’s the reason facebook never incorporated a thislike button.
yeah lol he switched to more irl streaming the last few years i think but i remember him from his og runescape days. how could anyone that knows this guy trust thist guy lmao
he used to have quite the reddit following until they banned his subreddit.
he gets swatted on purpose to get attention. he was also at a suicide in hollywood blv
also got banned from twitch when he leaked his flight info and people called in a bomb threat for the flight. i think he pretty much dared someone to try something.
well yeah. i'm just pointing out that he is a confirmed douche and thishonest for those who do not know who he is.
well i dont wanna say they deserve it but they knew he was an asshole and he was terrible to everyone so if you enjoy it maybe its what you get...
his smile faded long ago since he was kicked off twitch. he's already a shell of what he used to be, and he is already been blasted on social medial and national news.
. so he got . minus ~.
he used to be one of the biggest live streamers on twitch. no idea if he saved any of his money but he was making a shit load
all he needs to do is wait on the stack and voila, he got 1m
you could probably find a career as a hedge fund manager with his resume
>them getting scammed was their goal. what’s exactly the goal though? to help him successfully pull off a ponzi scheme so that he can get in trouble? i mean, if that’s the case, that’s stupid yet kinda genius.
i do not know any of the details of what happened, but if anyone is willing to put their money anywhere near ice poseidon they deserve to lose it lol my man has been scamming people since the duel arena
yeah, i have no idea who 99% of these people are. i buy like , and have my 401k running at 20% gains. next step is staking.
he also ran a [ponzi scheme]( a few years back. he's a scumbag
that's what i'm saying.
> it happens because they cannot do better at what kind of level are these people then? that means they will have a very very very difficult life.
i do not think it is any different at all. and followers forget how many flashes in the pan there have been.
it seems like you didn’t check the details? this story isn’t about content he made, it’s about his scam, where he created a coin, said he would support the coin project long term, but then siphoned funds out of different money pools including the liquidity pool. i don’t think you can compare this to making low effort content
as long as there are markets, there will always be grifters and suckers.
terrible argument, one involves people willingly handing over money, the other involves someone using force. is it stealing when a car dealership puts a +,000 market adjustment on top of msrp sticker price? anyone with common sense knows that is a rip off and anyone who pays it is knowingly throwing money down the toilet. is it legal? yup does it suck? yup. unless you want to micro-regulate every transaction a person with some sort of all seeing government entity, then you have to understand and accept stupid people will lose money because they are stupid. the freedom to spend your money the way you want to also comes with the responsibility of knowing what you are spending it on.
username does not check out.
> no one deserves to be ripped off. but some people reaaaally want to.
nah. i refuse to feel sorry for people who stupidly throw their money at internet celebrities. nobody deserves to be mangled, either. but, if your dumb ass rides a motorcycle at 130mph, you know what the risk is.
lol, the reaching on this.
i bet it was for people that flipped it.
yeah, because that is what i said. look, i have an ebook about how to get rich quick. it's .99 per copy, but it is only available with my special invite. you interested?
small peepee say what?
first people idolize politicians, thinking they will magically fix everything in their countries. until they realize that politicians do not have their best interest in mind & play protector to the upper class, elites, and work to make sure the lower & middle class people are controlled, regulated in society. next people worship celebrities, and eventually a few start to see that is not so good an idea either & celebrities are not perfect people with all the disney child star stuff & people's expectations of them ruining their mental health & lives. then they worship youtubers & other influencers or content creators ... and eventually realize they are all just normal people with all their individual opinions that may have some truth & insight in them or be completely wrong & blatant misinformation, and are mainly doing what they do to make money, not to benefit the viewers of their content. it never ends well, people looking to others to solve all their problems in life, to tell them what to think & how to think instead of just gathering information from multiple sources & making their own conclusions.
isn't the crypto ideal for everything to be totally unregulated and only governed by code?
well ... there are people here blaming the victims as well. so there is that. nobody deserves to be scammed - dumb or not. it's like glorifying wrongdoers because they have the power to leech from the weak and uninformed.
***that's the definiton of an assh\*le in my dictionary!***
those mysterious tesla autopilot crashes happen from time to time…
he’s probably feel so proud of himself. i hope it all gets taken away from these scammers
he would not have his wealth sooner or later.
shows how smart this guy is …
it’s people like him who give crypto a bad reputation. however, the “investors” also need to learn better
he literally admitted to what he did. what is there to catch?
and then he will get what’s coming.
if someone's committed fraud, that is not governments 'interfering' with crypto it is simply the justice system doing what it should. unless you think scammers should go unpunished? fraud is fraud whether it is crypto or otherwise.
the sec does and has gone after people for scamming crypto. this is their statement. it's getting old, so i would expect an update fairly soon.
his audience is definitely old enough. he goes way back into the runescape days
why the ? this is literally the thiscussion that is happening, a bunch of people that do not want regulations and government oversight suddenly want the government to step in when it turns out they are not all warren buffett.
regulators gonna eat this guy up for breakfast
no one is dumb enough to invest in his coin. people did it for fun
>he just took profit taking 'profit' from his fans investing in a project that was never intended to do anything but get money to the creator. yeah sounds real classy.
not necessarily- you can indeed pump a coin legally and at the top just sell off. you can even make it so obvious as it was with the squid game token and just restrict selling. i agree that it’s possible to do something illegal there since it’s not just an outlawed market anymore - if you touch regulated topics like corporate funding, you’ll have a case (see icos) but in general, most “financial fraud” cases base their arguments on fraud with securities and the covering laws - which is not the case here. so you’re in for a much harder law case, even if you’re doing pretty much the same thing. all that nasty shit is legal with crypto. that is the market you want. that’s all the screaming of “fuck the fed, crypto to the people, etc” results in. not so great, hm?
in crypto markets most likely not, he just sold. since market manipulation of this sort is illegal in classical markets, it would have been illegal with a stock but here he just took profit.
elon musk should downgrade that dude’s tesla so it’s says eat shit scum bag mf every time he starts his car makes turns and only go 5mph!!! i traveled to a deep south american village in guyana, never once locked our doors even though we were the only white ppl for god knows how far. no crime cuz last dude that stole lemons off a neighboring village they chased him outta the village slicing him with machetes. bet he don’t crave lemons anymore…just saying 😂
yeah the paul brothers did the same thing and faze clan
shhhh let them be delusional and shout to the moooon 🚀🚀🚀
if he was able to take money out of the liquidity pool then that means he owned the liquidity pool. if he owns it he can do whatever he wants with it. i don’t see the problem.
what an utter waste of money though, currently the most expensive tesla is apparently the model x which is ?
i definitely have my own asshole-side, i want a tesla too but i can’t fathom stealing from people. thieves make me livid. we have enough problems in life, we don’t need our public figures, in some cases the people we look up to, literally stealing our money. i’m not a violent person, but that smug picture of him makes me want to knock his fn teeth out.
he has got to be the most stupid scammer i have seen in a long while.
i still cannot believe people actually bought a coin called dink doink.
wow. when did this happen? i cannot believe the coin almost has the same name as my reddit account.
if he played runescape, then he’s used to the people in charge being powerless against integrity-breaking schemes.
this is almost certainly illegal under current regs. not the pulling of the rug, but the promoting of the sale and so forth. crypto doesn’t magically make everything legal
more than likely he wouldn't run up against any regulatory bodies, but he could possible be charged with a financial crime like defrauding investors . ive kinda been waiting for the cftc to start going after crypto, i f i were a guessing guy i'd guess someone is going to get made example of and be charged under commodity pool fraud.
canadian crypto exchange that went under. co-founder of quadriga then started time wonderland under the name sifu. guy is a terrible person. search it up on reddit as there is a whole conspiracy
yes, it is fraud. anytime you employ deliberate deception in pursuit of monetary gain that is fraud, using crypto currency does not make any less fraudulent. typically with a rugpull the culprits at least veil the intent to avoid the key elements in the legal definition that wind up classifying it as fraud. in this case he did not, and that is likely to bite him in the ass. proving intent can be hard if not downright impossible, which is why so many influencers have gotten away with this grift. this guy does not seem to have understood why that step was important.
it's the textbook defenition of fraud, and youtube shares some of the blame. edit: i'm sure this would be an awesome rico case for any attorney that wants to take down this pos and give youtube a black eye as it involved fraud across state lines and even at the global level.
there’s a coffeezilla interview on this and it’s shocking how honest about the scam ice poseidon is. it almost seems as if he’s proud and somewhat bragging.
so you're saying the market should be regulated?
not for nothing but - you’re a complete idiot if you’re putting your money into a crypto created by a youtuber thinking it’s a longterm investment. this guy is an asshole but you have to take *some* responsibility with your own money. sheesh! hard lesson learned.
no, he would not. no one running these pump-and-dump scams will. this is what happens when you have no regulations associated with a financial market. there's no protection for "investors" in the crypto space. he convinced people to buy a coin he made, they did, he pulled what he had in it with the price rise, people who held on are left holding the bag. they got exactly what they were promised. a crypto coin. the fact it became worthless after-the-fact is just par for the course when investing in something so incredibly high-risk.
he is clearly smarter than the idiots who invested in his shitcoin.
he got permanently suspended from twitch because one of his viewers called in a bomb threat at an airport so everything had to be shutdown. that's probably his most famous fuck up
pretty sure he basically explained a ponzi scheme he was running on his live a while ago too. dudes been dogshit forever.
his subreddit was once in the top 50 active subreddits and constantly on . full of trolls looking for toxic comedy and so i doubt anyone who ever bought this was a viewer or they would have known this.
famous for being perma banned on twitch after being swatted on a plane and other times.
karma can be a good thing sometimes.
you get some karma too!
considering how the dude was raided by the fbi a while ago, it is safe to say the feds are watching his ass closely today. would be shocked if he is not charged with fraud by the end of the year.
unlike a stock pump and dump, a crypto pump and dump is not itself necessarily legally fraud in the us. however, one can easily commit fraud while executing a pump and dump scheme. for example, when jon mcafee was indicted on fraud charges in a fraudulent crypto pump and dump scheme, he was not charged for conducting a pump and dump itself but for lying about his financial stake in the success of the cryptocurrency.
wish you would tell that to my government
yes, there are laws in place for this. no need for more regulations
can in the uk, was done myself retrospectively by hmrc lol
sometimes you are just a fan and then when they start acting shitty, you recognize it but you just out of habit continue to listen. i did it with the adam carolla podcast for years and now i’m doing it with joe rogan, although i finally stopped listening to ac’s podcast a few years ago i replaced it with rogan who is now driving me crazy with nonstop covid talk.
you're really telling people off for being a fan of someone who is going to do something bad in the future? and calling those people morons...
i’d imagine anyone who bought the coin was planning to ride it up and sell before the rug pull.
changed your mind?! impossible!
maybe fraudulent, for sure a scam, but i would argue to call it stealing. people chose to put their money in a coin shilled by a youtuber without doing their own research. even though it is a scumbag thing to do, of which he should be punished, i guess the "investors" should blame themselves more for buying such a coin.
he is a fraudster and he should be punished
worse: there's always new suckers born to buy into those shitcoins
to be specific, crypto will never be an unregulated utopia because of frauds like him. either it will be regulated and monitored like regular fiat and function like money, or it will stay what it is today.
crypto has a bad rep because clueless people actually think they have to invest in such guru shit projects. yes i am victim blaming. fraudsters only fraud as long as they find suckers
this is literally what crypto is though? its all a bigger fool scam.
he must be. that isn’t even considered a light punishment for what he has done.
didn't he get raided by the fbi?
from what i've read sounds like he deserves each and every bit of harassment he gets.
>mofo get doxxed by he is own audience. yeah well he scammed them.
one word: children. no, not 8 year olds, but 14-18 year olds with some thisposable cash, being taken for a ride by someone they think is "cool".
this is what i do not understand. looking at his thiscord and youtube his viewers were constantly saying he was going to scam and joking about it, who were these people that thought this was a good idea.
sounds like wonderland... cough cough 🙄
youtube’s revenue is actually the only sector of google that was down this last quarter interestingly.
youtube doesn’t give a shit about its viewers. all it cares about is money. fuck ‘em
it's entirely unregulated, so you need to do the research if you're investing in something other than btc or eth. and even with those mains, use a reputable exchange to buy them from and if possible transfer to a wallet you control.
it's not technically fraud if it is an unregulated market. now if he was dumb enough to not pay his taxes on it that is something the irs would be very interested in
“youtube doesn’t want to hurt the feelings of poor content creators”…smh
he’s a shitter but he did basically kickstart irl streaming on twitch
last few years being 7-8 years btw
well not a suicide, the dude slipped and fell like 3 stories after trying a stunt in a spiderman suit. not only that, the guy survived the fall.
i have no sympathy for the victims. they all know exactly what type of character this dude is and still put their actual money to support him.
he immediately bought a tesla, he would not survive long on this money.
cool, sounds like sooner
watch the coffeezilla video on him. people got greedy. yeah, haha scamming people over pixels in runescape is already pathetic
stake it till you make it
that's the peoples tesla
i don´t know. i do not follow ppl like this...actually...i use just reddit to shitpost when i am bored and that´s it:d. the main difference i see here is the fact that when you buy a fart in the jar, you still have a jar:d. that said - i feel sorry for everyone who lost money in this. this is the reason why crypto is still not treated like solid investment by general public and it´s hurting whole crypto space:-/
i´ve read it and when i think about it...you are right. it´s different, because this was a "planed scam"...fart in the jar is just low effort:d
i thisagree. fraud is fraud. fullstop.
>is it stealing when a car dealership puts a +,000 market adjustment on top of msrp sticker price it is called price gauging. in the us: "violation of unfair or deceptive trade practices law. most of these laws provide for civil penalties"... "some state laws also enforce criminal penalties for price gouging violations"
the equivalence (the victim blaming) is really apparent. no reaching required.
sounds like a sociopath to me
he’ll probably stream himself getting arrested and make a shit tonne of ad revenue from it. at least he can then spend the money on commissary in jail lol
karma!!! no one escapes from that
yes and no - so correct, in the meantime there has been quite some action from the sec, mainly in connection to classical capital funding (e.g. icos), which is why their statement focuses on this. in general however, a pump and dump (which is apparently what happened here) is slightly different to the case that that sec conducted. but i agree, this could fall under the same justification in front of court and i’m not a lawyer. but this is great - this is an example why you’d actually want the sec and other regulatory instances to be involved, so that you are not fucked over. remember that you can also be fucked over if (really hypothetically) your pension fund invests in such a scheme and you loose your money without ever being exposed to ccs.
not true. he has impressionable kids on his fan base. one paid him 10k just to be on stream about three months ago. ice proceeded to gamble it all on stream and lost it. if he won he would have gave the kid back his cut (so he said). the kid was visually thisturbed by the loss but tried to act like it’s no big deal. and ice made comments like “he doesn’t care his parents are rich as shit, right?!!?” pressuring the kid not to be worried about it
they can always find something to stick. wire fraud, money laundering, tax evasion. they will get you if they want.
scumbag action, yes. illegal? not clear. at all. should it be? hell yes. so make it, come up with a market regulation.
isn't that how stocks work? people buying tsla are making elon richer.
i mean - you’re smart enough to realize this is a scam, right? other people were not. that’s their fault. hopefully they learned a lesson. (they probably didn’t.)
if i own a parking lot and you park your car on it, can i do whatever i want with your car (assuming i offer free parking or you paid for parking)? if i am a bank and you store your valuables in my bank, can i just take them because i own the building? your argument is flawed. people bought into this coin because it presented itself as an investment opportunity and the whitepaper specifically states how much of the money would be thistributed to which purposes. it does not say 'iceposeidon can drain the liquidity pool at any time and buy a tesla'. it's a fucking rug pull.
stevewilldoit is a close second. [this series is a long watch]( but worth it if you're interested in this sort of thing.
i only buy coins that have "safe" or "trust" in their name
i still cannot believe the paul bros have fans
i’d pay for boink boink. but you do you.
how do you like your tesla?
imagen my reaction when floki inu become a thing
because icepoisiodon is great, and i love him! and i've been watching him since 2014, and he is great, and he is my favorite youtube and i lole his video a lot. it is ok if he made a mistake and stuff, ia m not mad that some of my money is gone cause he is a good youtuber and i like his new tesla video it is cool.
crypto is not finance, it is not subject to securities regulations. i do not know why y'all keep thinking there are regulations that prevent this shit.
sounds like they did learn from them. did the thing. made money. bugger all consequences.
you're missing the best part about the other co-founder "dying" in india
there might be messages between him and others saying he was going to do it but i doubt it. i think he was on his own in this.
the list of things the us did not try charge mcafee with at somepoint is really small
i mean, he went to the wild west where there are no rules and everyone’s happy with the lack of regulation and where every time theres a scam or loss the nft “lol git gud” whenever theres a scam, and did a scam. who’s shocked?
just because someone is dealing in crypto it doesn’t change the definition of a scam or reduces the punishment of the scam artist
absolutely. for cryptocurrency to ever be accepted by modern society on a large scale, it will need regulation and it will 100% eventually be regulated regardless of early-adopters views. the uber-libertarians on this subreddit can shake their no step on snake as much as they want, but it will eventually happen, and the sooner it does the better for the growth and continuity of cryptocurrency adoption. there's a reason why coinbase is the largest and most successful exchange in the world - it is listed on the us stock exchange because it adheres to government regulations and fiat cash reserves in a user's account are fdic-insured. cryptocurrency in and of itself was not born out of a desire to avoid regulation, but to avoid centralization of wealth and thus power. protecting consumers from fraudulent schemes does not go against the founding principles of satoshi's whitepaper. in order to change the structure of a system, individuals and movements must work within the system - individuals and movements that fight the system from outside of the system, they burn out and end up as artists or a small wikipedia article.
he saying crypto is a scam
this does not make sense brother. fbi and sec are independant and a scam and fraud is a fraud.
haha i remember that stream, he was launching a new scam and desperate to explain, buuut because he is thick as mince he straight up explained a ponzi scheme.
welcome to the sub :)
you get some karma. you get some karma. karma for everyone!
me too. just because there is not specific regulation for crypto yet, that does not mean it is a free pass to scam and steal. i think some people feel that no regulation = no consequences, which just is not the case.
ah mcafee. rip you insane bastard. lotta good crypto does you when you're rotting in a spanish (?) jail cell.
but that guy was never good, that’s the point. it’s not like suddenly he became an asshole. people follow stupid people, that’s the problem.
no, i’m not. the guy didn’t deserve a following in 2016 either, that’s the point. he was bad then, he was bad now. people flock to morons, then the morons become scammers. being a scammer is worse, but a moron should have no fans in the first place. it’s trash content and always was.
the guy has been an utterly toxic, malignant, and malevolent piece of shit forever. anyone watching his videos must really be brain dead and corrupt.
any time i've seen this dudes name it is always him and his idiot friends doing shitty things.
i mean...this is basically just a more explicit version of the crypto world as a whole.
oh for sure. if you just look into this guy for 5 minutes you’ll find he did majorly racist streams on twitch, girls got sexually assaulted on an rv stream tour he hosted and he got a plane grounded because he was travelling and a viewer called in a bomb threat for the plane he was on. buying into anything he promotes after the history behind him is dumb as fuck.
i agree with you. it's a scam for sure but i'm not sure he did anything that is actually illegal. it's not illegal to pull out your liquidity from an amm pool. maybe a case could be made for securities fraud depending on what exactly he promised to potential investors, or what is written in the white paper (if there is one). if he did not promise anything specific and people just bought his coin then probably nothing illegal happened unfortunately.
he always was. i watched a ton of his streams in 2017 when he was at the peak of his career.
i thought you guys wanted an unregulated and decentralized marked?
seems to be an infinite supply of suckers. bearish on suckers.
it's almost like there is a reason for most of the regulations. whoa...
blockchain has way too many downsides to ever by useful for the majority of society. the fact that someone can mint an nft of say, cp then send it to your wallet and you have no way to just delete it is totally fucked up. you have to pay to send it to someone else, pay to have it burned or keep it. no matter what the public record of you having it will exist forever.
yes he was. there were signs that he is not to be trusted.
several times, including someone calling in a bomb threat under his name when they found out his flight number.
he tried pulling this kinda shit at my tattoo shop 2 years ago. he was basically trying to get a tattoo and running away once it was finished. our phones were blowing up with people spilling the beans on his intentions. he’s a piece of shit.
he got doxxed before scamming. his audience love trolling and have no boundaries just like him.
hope he gets severely reprimanded for it.
youtubers are lower than low they deserved everything coming their way bitconnnneccctttttt
scientology is similar. l ron hubbard is on record saying he was going to found a religion because that is where all the money is. then he went and did exactly that and people still fell for it.
google and yt can ligma for all i care
funny story about google, i work in e-commerce, a company had it is ad accounts banned and i was asked to help them with it. so i appealed with something like: i'm a developer and am capable of fixing any issues just let me know what the problem is, so we can go back to spending money on ads. they sent automated responses and zero help whatsoever to one of the banned accounts that had not begun spending yet. but the one that was spending around £600 per day, a human replied and helped. it was just simple stuff where the bots were just getting mismatched data. but to this day the account that had not spent any money yet is still banned and getting no help. just how the cookie crumbles over at google.
we really need something better than youtube
mental health of scammers is important.
can someone please curb stomp it back in its place.
you’re staying that like it’s a good thing.
>scamming people over pixels in runescape is already pathetic definitely pathetic but i wanna emphasize that runescape gold has usd value too. it is very easy to sell gold to usd.
people who have played runescape know that pain.
you really should lookup what the actual definition of fraud is as it relates to my example. my guess is you like the word "fraud" as it implies bad people doing bad things (everyone hates dealerships right?), in my example the whole situation is laid out on paper in black and white, terms and conditions fully spelled out. if you can find a lawyer to take on that case, keep him on retainer then go after the casino's who take stupid people's money, or state lotteries, or the people selling garbage on late night infomercials. as long as people and money exist, you will find examples of people using said money in stupid ways which they regret. yelling "fraud" for anything and everything crypto related is like me yelling at the weatherman when my paper airplane made of . play stupid games, win stupid prizes.
you might want to read up on what exactly price gouging is - because market adjustments from dealerships do not fall into this category at all. you are thinking of basic and necessary goods (think food, water, gas) being sold at exorbitant prices during times of crisis. unless it is critical for survival - the chances of getting any sort of civil or criminal penalties for selling a (non) critical product at market rates... are zero.
yup, u. being ripped off by a youtuber's crypto scam is exactly the same as being raped via the equivalency of "victim blaming." "hi. i'm sharon. i was brutally raped outside a bar. people say it is my fault because i was drinking." "omg, sharon. that's horrible. i know exactly how you feel! i lost 's crypto pump-and-dump, and people say it is my fault for being an idiot. we're the same, sharon. we're the same..."
if this was stocks then it would be illegal. pump and dumps are a old crime.
you're reasoning exactly like scammers do. it's not the fault of those that were scammed, because the scammer purposely deceived them. so he's the one at fault.
your argument is flawed. if i exchange my money for cxcoin tokens using iceposeidon’s liquidity pool that means he owns the money in his liquidity pool and i now own the cxcoin tokens. he can remove the liquidity pool he owns from the market if he wants to. by doing that he took the money that belongs to him. i still have the tokens, he took nothing from me. the whole point of crypto is that it’s trustless and it would be stupid of me to trust someone that they won’t do what they want with the property that they verifiably own.
safe dink doink trust fund 🤔
bruh i wish. xd
knowingly deceiving people is fraud regardless or irregardless of the medium in which you defrauded them
deception for monetary gain is fraud. crypto transactions still must abide by wire fraud laws.
you can redress it however you want but the point is that abhorrent behavior in the form of making false promises with the involvement of large sums of money whether it is in crypto or not is punishable
well its fraud for sure because money is involved.
funds are (100% with) sifu
and the whole cult around this daniele guy
podcast: a death in cryptoland
his now widely publicized conversation with coffeezilla seems pretty damning in terms of conveying premeditation and intent.
yes, because we already know what "regulation" looks like. look at the restrictions for ipos; you basically have to be rich or surrounded by rich people just to launch a fundraising campaign. i dont want to be blocked out because some people are unwilling to use their brains before they dump a bunch of cash into something without understanding what they are buying.
i wonder if he will be shocked when someone finds where he lives and beats his knees in with a jimmy bar?
it doesnt change the definition of a scam, but it does change. being unregulated and decentralized puts the onus on the investor to be careful with their money. we should all be operating under the assumption that everything is a scam until researched. or, its time to enact a ton of stringent rules and policies to protect the common idiot from themselves. but that isnt what crypto has historically been about. i'm not pro-scammer. i'm just saying folks need to be more careful when dealing with cryptos, given the current setup.
it kinda does considering the selling point of crypto is all those nice legal protections and regulations you get in the market do not apply.
in saudi arabia is just the way.
erm, in some cases yea it quite literally is.
okay that’s true, i’m unfamiliar with ice poseidon anyway.
but people are stupid in the first place. it takes time to be educated.
he never did anything near as bad as this during that time, it was great content, do not kid yourself, if it was trash no one would watch it. just because you do not like it no one must be able to like it?
precisely. 99% of the coins we have rn are totally fucking useless. they may not have a public face like this youtuber but they are essentially doing the same.
yeah, anyone buying crypto expecting wide adoption for goods and services where your financial system is purely crypto at this point is kidding themselves. in 2017 that was more of an idealistic viewpoint, but at this point it is clearly not happening anytime soon.
oh no way. every coin has its use value. crypto is the future. read my white paper on crypto. they're all winners. to the moon for every coin ever!
always blew my mind that the unregulated nature of crypto was supposed to be a positive selling point for anyone. it just means you’re more likely to get fucked over and less likely to have any recourse.
there is, in fact, a simple solution to such attacks and several other issues - and that is to require receiver signatures for every transaction.
well, looks like he just made tons of new friends, you reap what you sow.
granted did you know he was going to do that or were people calling in another fake bomb threat guys got issues i do not doubt he would do it but he would film the whole thing not like you can just run away from it lol
bruh you know how big youtube is right? having a human go through every single request from a unpaying account is just pure loss. i'm guessing their logic is if you have not spent anything you can make a new account. after enough tickets you should get a human though, but i think you'd have a similar story with most companies, they are gonna prioritise paying customers
odysee is an alternative
idk what this means but it’s provocative
people who tried to buy gf in runescape know that pain
>at market rates whats at typical car? 30k? adding 30k on top of that does not sound like "at market rate" to me anymore... i do not live in the us so i cannot say how fucked you will be if you do this, but here you wouldn't get away with it.
no one said the two things were the same. by comparing to such an extreme example where no one would dare to lay the responsibility with the victim i expose the similarity. but tools like you instead choose to interpret it differently so they do not have to deal with the point. a rather immature and ultimately pointless way of arguing. what is your end goal here? i'll spell the point out for you: don't excuse vultures. they are to blame.
you've convinced me, i'm in.
>safe dink doink trust fund safe dink doink moon shot trust fund
you son of a bitch, i’m in
people have the shitcoin they paid for. its value is not ice poseidon's responsibility.
these people need to be caught and throw into prison to rot
i do not get it. it's obvious that daniele is complicit in the scheme. he's playing a shell game to extract hundreds of millions from investors. anybody who has seen his behavior over the past week, and still wants to give him money, deserves to lose it.
bu...but i was promised a condo *on the moon*.
hahah this exactly the issue with the libertarian wet dream!! in the us you are free to be as stupid, as fat, as unhealthy, as sick, as impulsive, as naive and ignorant as you want. a sucker is born every second in us. this is a goldmine for scammers and capitalists who seek to make profit by exploiting weaknesses instead of profit by building and picking others up out of poverty and illness. an entrepeneur here has more chance of getting rich scamming and exploiting his fellow countrymen and women’s weaknesses rather than helping them. these types of people want no regulations or punishment for their abuse of such low hanging fruit, it is unamerican and communist to regulate these things, how can i make a living or become a millionaire if i can’t scam others??!
crypto will never be able to be used as a mainstream currency without regulation, the economy wouldn't function.
that’s precisely the problem - tons of people like trash. tons of people elevate fools to heroes.
99% is a little conservative
yep. agree 100%. any crypto these days has to solve a real problem and it has to be actively used. this is why i only invest in crypto with utility and adoption. anything else is gambling. i look for projects that run more like a business, have a big head start on anyone else, and have clear wide adoption and a user base. doesn't matter how much utility your coin has if no one's using it. if you buy with only utility in mind, go ahead and get a head start, and start posting complaints on shitcoin pump articles about "real crypto projects" for the next 10 years while your coin goes nowhere. i think right now is very similar to the dot com boom. everyone knows this is a life changing moment, but people are getting caught up in the possibilities of blockchain without understanding that there is likely only going to be a handful of big winners. crypto is going to be life changing for the world, but right now there are only like 5-10 coins that are worth a shit.
i guarantee you that every single one of us will one day be president of the united states!
people like utopias. yes, ideally there is no rules or regulations over your money, and no one gets a share of your earnings and there is no fees. i too love the concept of that. but human nature does not lend itself to utopian ideals. any time you allow people freedoms, there will be those who abuse those freedoms for their gain.
gets the people going
msrp is exactly that "suggested retail price". even before pandemic times, very popular or hard to get cars got hit with market adjustments on the sticker price. i do not agree with it, it is a typical slime ball dealer tactic, but i understand it. it's a luxury good and if they jack up the price and still find a buyer that wants it that bad... that is just the market doing market stuff. dealership lots are ghost towns all over the place here when it comes to inventory, supply and demand. think about it this way - if you have a 1995 junked out bmw 325, and everyone knows it is only worth , but you have someone show up on your door step and says "i must have it right now, screw everyone else here's " would you turn them down knowing that everyone else would only give you 3k? new, old, hot, or not - anything is only worth what someone is willing to pay. here in the us - we could collectively get rid of "market adjustment add on" prices, but if and only if every single person kept their promise to not pay more than msrp. (which would not happen since people wants cars right now, not next year)
>by comparing to such an extreme example where no one would dare to lay the responsibility with the victim i expose the similarity. no, you hoped using hyperbole and the word rape made you unassailable. >but tools like you instead choose to interpret it differently so they do not have to deal with the point. when your hyperbole was thismissed, you doubled down with the "victim blaming" shit, setting falling for a con equal to rape. *your* con has blown up in your face. so, i will triple down and repeat: if you think fucking internet influencers have *your interests* in mind - at all, ever - you are inviting, and thus deserving of, all losses you incur. i do not excuse absolute willful ignorance and responsibility shedding weasel phrases.
yield no good. need safe dink moon doink mars trust fund
you make jokes, but do you even realize the devs are very active on telegram?
you son of a bitch, i'm in!
if he is making claims that he knows are untrue, that is fraud. it does not matter if it involves crypto, stock, money or feelings. money being transacted is not a requirement to be charged with fraud.
pretty sure you have some kind of guilty pleasure yourself which you would not publicly admit. get off your high horse.
you know i can say the same about any content creator you enjoy, that you like trash, does not mean it is true. imagine a content creator you watch now does something bad in the future and i come message you like "you're apart of the problem, you're a moron for watching them, they made trash content and weren't a good person" i'd sound a bit silly wouldn't i?
aren't there like 7k+ coins and tokens out there? you have a solid argument.
curious about which 5-10 coins you’ve got your eye on and why.
i do not have anything to add. those leeches are terrible and excusing them is one reason why crypto is far from mass adoption. if you think there is nothing wrong with preying on ignorance then you are a fucking dog. (or probably a teenager)
you joke but would top 20 in a year lmao 🤣
i only communicate in morse unfortunately 🙃
i have guilty pleasures. i don’t say i’m “a fan” of them, and i definitely don’t support them in any way. that’s why they’re guilty pleasures instead of pleasures. i like to watch a train wreck as much as the next guy, i’m not a fan of trains getting wrecked.
ice was consistently a streamer that encouraged shitty behavior from his fandom. he created a toxic atmosphere that spilled out into other communities. i've seen some of his content, he is a funny guy, but that is really the only positive thing about him.
sure, i do not mind sharing. i only own 2-3 other coins outside of my top 5, and they were 100% bets. one paid off already, the other did not. listed in order of my confidence: 1. btc - no explanation needed 2. eth - not much explantion needed. probably the biggest utility and adoption of any crypto. powers much of the crypto world. 3. link - for smart contracts to have utility and reach their full potential, they will require a reliable oracle. i also believe that whatever company is going to be the oracle, should be only that. countless uses for how link could increase trust. so far, i see them as the leader in the oracle space. 4. algo - in order to make it in the business world, you have to have cred. what better cred than a founder who is a turing award winning cryptographer from mit? i think algo is best positioned to become a payments thisrupter and has the most potential to get government contracts due to the cred. no matter how much of a genius you are, you need credentials to grab attention of government. also lightning quick payments, great rewards program. 5. matic - to me, they are the strongest contender to potentially improve on eth. polygon is already well adopted in the nft world, is faster and cheaper alternative to growing gas fees on eth. if you look at the similarities of the cryptocurrencies i like, they all share a common thread. they all approach blockchain more from the software angle than merely a "currency". i think that is the ticket for auccessful projects, and that is where i believe the success will come from. but that is just like, my opinion man.
crypto? pffff. influencer hacks have no scruples about conning rubes into buying damn near anything to enrich themselves. rubes made them rich, rubes will continue to enrich them. the entire con of being an "influencer" is learning to shit in a box amd sell it to people like it is gold, and *now* the buyers want to complain they bought a box of shit? all because they get hard on influencer bullshit and fomo? i'm a fatass, but i'm not suing mcdonald's because *i choose* to buy their shit. i know *exactly* what's in the box. stop trying to get rich quick.
>i’m not a fan of trains getting wrecked. i like to watch a train wreck as much as the next guy bingo. no one is elevating trains getting wrecked. but you would not watch away, and that is what most of his content.
i love a straightforward summary. thanks for sharing, el duderino.
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help him please , go report the nft as stolen
and deviantart at least tries. all the other sites simply do not give a shit, and the amount of art stolen is so huge it is no wonder most artists want nothing to do with nfts.
why would anyone buy an nft without confirming it is signed by the artist? the best thing that can happen is that these nfts have no resale value.
there are people organizing legal action against nft marketplaces that profit from art theft, take zero measures to prevent it in advance, while ignoring reports from the original artists and
woah, people are abusing the nft system for money? who could have seen that coming!!
makes ownership of works using nfts even more meaningless than it already is.
if you are buying nft art with some expectation of number go up it is in your best interest to make sure it was minted by the original artist and.
nft marketplaces should do more against this crap. that's so fucked up. and the buyer gets scammed too.
people somehow find the worst ways to make money in new concepts. nft art was supposed to benefit artists and yet scums take advantage of it.
the blockchain does not lie that does not mean people cannot lie on the blockchain
here’s the stolen art link.
who would've thought, people can copy jpegs.
this is the reason why i am not interested in pursuing art
original paintings are hard work. stealing them is unacceptable. he should sue whoever is doing that shit rather than reporting them.
this is an example of how stupid nfts are for the purspose of art. i think they have a future as tickets and in video games. but as art nfts are beyond stupid. this is proving the entire argument that people have been making about nfts being stupid for art.
actual question: how do nft hosting sites sieve through stolen work and actually make thieves accountable and prevent an actual sale? edit new qn: will nft hosting sites do this now given that this has blown tf up?
i’m an ip lawyer. it sounds like he has a cause of action. also this kind of draws out a massive problem with nft markets. even honest people fail to transfer rights appropriately. what you’re buying is not a lot. this is a solvable problem and i really want to fix it.
i am open minded, but i am not convinced that using blockchain to enforce property rights on real world items—or even digital items—presents a compelling use case of cryptocurrency. if a trusted third party is required to arbitrate ownership over nfts, land, concert tickets, then what is the point of putting them on chain? another way of looking at it is: garbage in, garbage out. what is the benefit of blockchain’s immutability if people submit fraudulent information to it? the best use case so far for crypto is money. specifically money that is programmable and not “backed” by anything other than a robust network of miners or stakers.
anyone see the new south park episode with butters being an nft salesman? shit, was, hilarious!
he's pretty good. i just took a screenshot of the image to use as my background.
rad that deviant art actively searches for stolen images. but also the whole "nfts verify ownership" claim is obviously utter bullshit.
how do you even stop this? like cannot i just go steal literally anybodies art and sell it as a nft?
i thought nfts were designed to protect art. hopefully, this fad will soon pass, and we can get back to reality.
nfts are scams anyways. stick to btc
doing nft is bad enough but imagine being so creatively bankrupt you have to steal someone else's work because you cannot create anything of value
they are good for the artist if the actual artist puts them up, but you can’t fault a service when it’s the people doing shitty stuff :/
that is a fucked up thing to do
so much for nfts "helping artists"
one of his pictures was sold for .0008 eth. is that even worth doing with gas fees or can you put something on opensea for extremely low gas fees now?
if nft's just point to a url, just change the image at that url. re-name and upload a picture of the goatse cx to replace address.whatever.jpg and deviant art should let you do that and then not thisplay your decoy image on their site. the link is live so the nft person can see a gaping anus, but nobody visiting you gallery would know it was there. i guess seriously, why sites hosting "stolen" images that nft's point to should just have the option to replace with a decoy image.
so what prevents someone from encoding art from jpeg to png and putting that on nft?
first digital private property rights, now digital colonialism.
this raises an important copyright point i think as while you can mint just about anything into an nft, who arbitrates this? someone from thr dev team on thr blockchain? thr nft platform? how do you deal with damages or plagiarism? what is going to be thr standard for determining ownership going forwards if somrthing like this happens again, but not as clear cut?
i hear opensea ignores a lot of complaints. not a good look
opensea and da. nfts are a great tech but it is being dragged through the mud because assholes like this decide it is a good idea to steal people's art. also, just future reference, if you want to buy an art nft, do even a moment of research to check if he actual artist was the one who minted it. idk why anyone would buy an nft from an artist they know nothing about.
nfts are so fucking dumb.
i thought digital art could not be stolen? whatever happened to that.
how can an ntf be stolen, anyone can mint one regardless of ownership of the image.
this can be a good example why nfts are bad
well, thanks to whoever destroyed the last bit of trust art people might have had or developed for nft
lmao i'mma screenshot it
this is the (extremely obvious) reason why nfts are such a stupid ass concept, that should occur to everyone within 15 seconds of hearing about them for the first time. chain of custody is completely irrelevant if the initial evidence has no legitimate or guaranteed basis to begin with. until you can come up with a digital way to hash people's dna when they sweat on their own art into code, lol, it is not going to make sense.
they should make their own gallery if there is a provable market for their work.
the nft space has become so wild that it is starting to reach all the way around to f our artists in the b hole
he should report this sec and congress so it can bright up for questioning.
liam sharp isn’t just a deviantart artist, he’s also a well known artist for dc comics. this is pretty thisgusting.
the real solution is to make your own nft of your own art -- but hundreds of them. devalue that shit and no one will bother. maybe. disclaimer: i'm dumb and basically making stuff up.
ppl, don’t ignore the importance of a watermark.
is why doesn’t he sell his own nfts? they’re a useless registry like naming stars in a company’s books. lol
i can’t believe this post exists inside the very lair of the beast.
whoever invented nfts needs to be spayed and neutered.
my daughter had to go through this and watermarked all her stuff to keep it from being stolen. it’s a pita but necessary if you want to monetize your art.
that's why you use big ass watermarks. i had an issue with images being stolen and it happened less and less as my watermark got bigger and placed in multiple locations
wtf is nitter? it looks like cyberpunk twitter.
laws must be enacted to identify the original owner of the nfts
hmm. it's almost as if writing into a blockchain transaction a url to a jpeg hosted on some rando uncertified website with no guarantee that the seller even owns the image, much less that it will still be hosted at the same url in five or ten years, is an inherently dumbass concept. almost.
coffeezilla made a great video yesterday on exactly this issue:
it seems like he should probably be doing some nft's of his own, beat them to the punch! otherwise i'm sorry that this is a thing. people can be really shitty.
let me explain this easily, he has a public gallery, a very good one, i could take his work and sell it to anyone, i would be doing something illegal and immoral, but i may find some clients, then thisappear, but the original will always be his, and the only one who can sell rights or legitimate copies of his works is him or someone he authorize for that purposes. you can see that nft like a pirated copy of a movie, you can buy lotr extended edition from a street vendor of illegal copies, you can see them, and enjoy them, but the only legitimate copies, and the only ones with real collectible value are the ones sold by the studio, he just have to make his own nfts.
but isn’t he just getting paid for the link that can go to the photo that can be turned into an nft by anyone else to do the same thing?
wasn’t the whole point of nfts in the first place? to stop people stealing from artists…
i'm new to the nft space, but i'm confused as to how people can just save the jpg and have the same "product" as the original. coming from the photography side of things, i would only upload low resolution photos online or in client galleries to prevent downloading a full size and quality image without paying for the right to do so. the digital left of an image that looked good on a monitor was still possible, but no one got a print quality image without having it sent directly.
this is what nfts are. stealing and fraud. let's not pretend it is anything else. no one is in it for the technology. everyone is in it for a buck
if anyone can steal the nft then they are not unique, this needs to be improved
he should make nfts if his art is selling.
so. wgaf? i make art. if someone owns a certificate of authenticity for my art that they do not own it is not my issue. just like those that counterfeit art. it's not the artists issue. it's a customer issue. almost all nft is not worth a fraction of what it is selling for. and like most shit coins, people only buy them hoping that others will be dumber than they are and pay more than they did so they can dump and buy something they are actually interested in.
nfts are just for money laundering. anyone can make one and they have no other purpose.
the artist needs to start their own nft listings
an nft is not your art. they are two separate things. anybody can make an nft of anything.
yo, chill. posting anything to deviart that is public is... public. anyone can do anything with it. illegal? maybe, but if you do not want an nft made _pointing to_ your art, do not put it out there. an nft does not automatically assign copyright, and even if it did you have to have assignment rights to assign copyright (which the re-poster does not have). minting an nft of someone else's work is basically the same as posting it on reddit as your own, except with $$: bad, but expected if your work is good. i think of it as now scammers scamming future scammers (who want to sell the nft for lots in the future). nfts are a tool for artists to sell the rights to use a work and recover future transaction value, without rights to the work nfts are just units of crypto with individual names
thats a shitty thing to do. hope he works something out
opensea salting the earth for a whole technology only to make a quick buck.
a redditor is going to close their reddit account because people keep copying his posts for likes.
ah never change cryptocurrency. fraud...with extra steps...on a computer.
this is the problem with nft’s and why i think they’re stupid. anyone can steal art and pretend it’s unique. anyone can steal an nft design and say it’s unique. what exactly is the point of an nft instead of just buying an art piece? why has no one been able to answer this question seriously? am i really the only person who thinks this nft fad is stupid?
he’s not just on deviantart, he’s a published artist who’s done work for dc, go buy his stuff and support him.
how is that a logical response? if it is not an original nft from it is creator, it is worthless. buyer beware. anyone who buys a stolen nft is flushing their cash down the toilet, just like anyone who buys a forged painting is flushing their cash down the toilet. did leonardo da vinci or vincent van gogh stop painting for fear that their paintings will be forged and sold to unsuspecting buyers?
i forgot what actual art looks like
people talking about ‘an artist’. it’s liam fucking sharp.
i think it’ll take a long time for nfts to mature ![gif](emoteemo_pack_1i_dunno)
people may mostly think of deviantart as the terrible chilthish fanart. hub, but this is legit complaint too, as some artists are still just talented enough. meanwhile, nfts are still a relatively new technology. their use case needs to be more improved, other than merely digital pure art.
this is why nfts need to mature a lot before being truly useful imo.
he should create them as nfts before posting anywhere and stop pretending like nfts are going away.
this whole thing is just a symptom of the free rider problem, a fundamental game theory problem that has and will always plague humans. the tech is brand new and will evolve to address this problem, but so will the sophistication of bad actors. at some point it will reach an equilibrium and we'll call that "normal". nfts cannot be stopped. it is not a matter of should. they exist and cannot be uncreated. it would be like getting rid of deodorant, for example. the toothpaste is out of the tube and this tech will change ownership as we know it.
it's a perfect scammers market. damn...
i just made a screenshot...
so the dumbass nft crowd can’t even make their own shitty art now, they have to steal other people’s good art work
won't be a problem for too much longer once nfts fade away.
jesus christ even this sub does not understand nft's.
none of the counterfeit art has sold, despite being listed at like . this is alarmist fud. fuck these people who complain about artificial scarcity, then also complain about people being able to right click save. good riddance. let the boomer artists this out, and bring in a new generation that embraces tech.
protect artists. nft is there livelihood
why does he have to close his gallery?
this was one of my fears. is the idea that artists will be less likely to share their work out of fear other people are just going to steal it and profit.
make your own nft of the same exact art, but he can backup the fact that he is the og so that the other suckers who bought the stolen nft become worthless
that's straight up theft
i see nfts are helping artists.
ironic that one of the goals of nft is to provide ownership
scummy people with big brain
i checked the opensea account of the person who turned this into an nft. it looks like it is a bot that steals random images and turns them to nfts. i do not think it is really working though, its wallet barely has
the artist should just mint their own work as an nft if there’s unmet demand and they’re losing money to fraud, then the fans could easily differentiate the artist from the scammers. can’t solve this with blockchain if you refuse to use blockchain!
good morning i hate nfts
why do y’all support this bullshit.
i'm having trouble seeing what the issue is. art theft from deviant art has been a huge problem since the beginning. with nfts it can instantly be detected and stopped, which is exactly what happened here. isn't this a massive win for artists?
it’s almost as if nfts are a joke...
copying is not theft.
this is where nfts are stupid for the purpose in art
nfts are garbage for artists
he could upload his collection to the blockchain simultaneously and earn crypto while working on the reports.
this artist would never know his art was stolen and being sold if not for nfts, and he is bitching at nfts tech that allowed him to be notified snd take action. whatever the problem is here, it is not nfts.
he should just make nft's of the art himself...
he should just sell his own each one as a single nft and have a bid and keep 4-5% royalties. then he will never have to worry about this again
this sounds like blockbuster closing cause someone started ripping dvds and publishing them online. insert dewey "the future is now old man"
authors should be encouraged to cast their works into nfts, so this phenomenon will be less
yeah we did it !
if he creates his own nfts and gets verified all other copycat nfts would lose value
nft's have done nothing for artists and is actually making their life worse because they have to deal with this daily.
why would he ever close an art gallery over some nft collection? lol. the nerds on the internet seeing it would have never stepped foot in his gallery, anyway.
i would think there is a flip side to this. if people make fake's work, the people who buy those bought fakes, but meanwhile, the artist gets exposure, and there is a market created around his name, etc. meanwhile, the artist does whatever is necessary to establish himself as the legitimate author of nft's of his work - and when those legitimate nft's are released, all the money that was flowing towards the fakes now rushes to the artist's legitimate nfts, thus slashing the market value of the fakes. no doubt, difficult to deal with, like so many things where you're trying to derive an income...but...potentially a positive outcome in the end?
and of course it looks like shit like all nfts
not your keys, not your art 😒
steal the nft right click save as
i'mma brb taking screenshots of those stolen nft's and making new ones for the artist for free
i too would like to make some arts….
longer than 14 years. he's been working since the 80's.
scammers and con artists are going to absolutely destroy the nft marketplace. if amazon cannot keep fake goods and scams off of their marketplace why would we think that the nft space could be kept clean? it's a hell of a lot easier and cheaper to copy an image than copy a handbag. until there is a, dare i say centralized, nft marketplace that has the funds to police and legally protect the works being transferred, this is going to continue to happen.
getting an nft removed is just the beginning. find who the thief is and shut him down.
nfts should be the way to license your own art first. that is the whole idea behind blockchain where you enter your artwork in a huge list in order to proof you are the original creator. ideally deviantart is taking care of that part already as a service. otherwise i can recommend for every artist to look into minting their artworks (via matic its not so expensive) in order to avoid theft or take back control.
what a thisgusting piece of shit. imagine stealing someone's artwork and profiting off it
they really need to find a way to work with nfts better. right now it is a total joke. when people say that crypto trading is a scam, i kinda just roll my eyes at them. but when they make the same remarks with nfts, i tend to agree especially with shit like this being very common.
nft is kinda cancer
the nft marketplace will get wise. it's really up to community to push for better models of access to secondary markets with only validated collections
i wonder if he will get the money for what it is worth?
without kyc, nfts will continue to be a playground for the rich and corrupt.
nfts are fucking hillarious
and just like that the whole premise of nfts comes crumbling down
if opensea gets an ipo, lets make a dao and buy up a major slice of opensea stocks. then let us force them to address these scammers, frauds and duplicates. heck, its easy as hell to detect duplicate or similar images. but the most popular marketplaces like opensea keep allowing hundreds of thousands of copy art and scam art.
you mean to tell me the *immutability* aspect of blockchain is a double edged sword ??
this is so fucked up
what a piece of shit
i was literally just asking about this the other day, what's stopping someone from just downloading an image and selling (minting) it as their own? where's the governance?
if you do not do it for your own art, you suffer. that's some kind of mass adoption.
when there is a way, there is a scammer.
opensea is so slow and bad with verification….
as someone whos in the nft space a lot this art probably does not sell for much at all. nfts by artists are usually only valuable if people actually know they are buying from that artist. having said that this is still fucked up and i think what marketplaces could do is have some sort of kyc option for artists (they do have verified profiles already but kyc would take the aspect of an employee manually verifying out of the equation) . and if an artist is kycd then it would show on their profile. anon artists can still exist they just would not have that automatic verification. blame i say falls on the buyers for being idiots and marketplaces.
well, bless his heart!
all the profits from those nfts should be given to him. all of them. then he should mint the rest of his artwork as nfts.
nfts are the biggest grift since american christianity
wait, i can just make an nft of any image i want regardless of copyright?
wait, can i nft the mona lisa real quick?
still can’t understand something that can be replicated so easily can hold value
same here. it’s super annoying. openseas needs to do a better job.
we love you guys
"people... what a bunch of bastards!"
sting’s band claimed they were stealing rocks and had to slow down. ain't gonna be able to walk around saying the n word was an s tier slur god damn this is a shoddy translation by a dutch person
fuck. that is so shitty
lol at nft vs actual copyright protection. this is how you make nft look bad.
deviantart pays as much attention to nfts as they do plagiarizing artists who make money off of other people's ip.
maybe people need to utilize nfts more so that nobody beats them to it?
today i found one thing about metamine. the total issuance is capped, and they are open to burn tokens with mined income. with a dao vote, the token can easily become deflationary!
that’s literally the main reason why nfts should be gone, they serve no purpose whatsoever. it just invites money launderers and art thieves that want to make bank off of a poor man’s art.
constantly see stories like this on twitter. it's just bots scraping da and selling on opensea. pretty sure the sell rate on these things is like .0001%.
there is nothing stopping anyone from doing this. report may work temporarily, but all they have to do is make a new account or use a dif website.
what the fuck is wrong with this people!
\>screenshots your deviant art drawing
nft's are a ponzi scheme.
so i can just sell an nft of anything? maybe i should. it’s probably make a ton of money. isn’t an nft just a hyperlink to cloud storage somewhere? is this even copyright infringement?
why do not he directly make nft out of his new art?
needs to be blacklisted and made to pay dues to real artist . disheartening a artist has to deal with something like this .
make , put yourself on the hook for up to . it's like commiting copyright infringent with an easily teachable paper trail.
nfts is the easiest way to scam people 😂😂😂😂
nft’s are beyond dumb, just a way for either rich people to flex, to launder, or to take money from hopeful poors.
message to the artist,do your nfts
you’d need unanimous decisions to rectify this eh?
i'd be interested what would happen if he sued the platform... some one should really put this to the test with a micky nft on opensea
nft the reports, sell those as a limited run of 1000, make bank.
don’t post it online if you don’t want it potentially stolen. use watermarks on previews of work.
liam sharp is actually a legendary comic book artist. he spoke at our university once. hate to see this happen to him. people suck.
i would wait for it to sell and then sue the living shit out of the exchange. this wont stop until it gets ugly.
just remember that nfts are bullshit.
imo, this dynamic will only drive *more* nft adoption. basically if you are a content creator, and nfts have become a social norm, then you are incentivized to mint the nft as soon as you create the content, so others cannot beat you to it. eventually, minting the nft will become just another part of internet content creation, along with things like uploading the image.
how would even begin to sue the person stealing it
this sucks a ton for the artist
that sucks. long love the goat.
should of copyrighted? bonehead move not to if you were thinking of making money later on. that’s a big no no i wouldn’t even have posted them on deviant art in the first place. its ok though, you can’t convert nft sales to dollars anyway. it’s non legal tender atm. at least crypto is able to be converted...
offsite looked better... jk. technically it is stealing? and isn’t art theft a serious thing even in the real world? or is that just for nick cage and his national treasures? can’t you find original posting address and track down the thief?
nfts are rubbish lol
doesn't deviantart already have a process for automatically identifying when your art has been made into an nft? is reporting not part of this process?
just another proof that nft is just a scam.
i'm just a really dumb guy. i've created some really terrible digital art in the past. how would i go about turning those images into nfts? thanks in advance from me, the moron.
nfts are so stupid. i’ll screenshot that nft anytime i want.
so there’s no way to prove an nft you make isn’t a copied image?
not right to have art stolen. should have made them nfts himself though
if he decides to sue the art stealer then it would be expensive for him
why is not he selling his own nft's and featuring it on his page for validation of ownership? the people stealing it are filling a gap in the market that he has the right to fill. if those particular thieves get banned, others will keep doing it. he should be concerned with filling that gap in the market.
so he should start an account and get verified and make his own nfts 🤷🏼‍♂️
verification services are crucial and mostly lacking right now. huge opportunity.
but it verifies teh original
da has a watermark feature...
i have used a situation like that as an argument against the stupid believe that an nft is proof of ownership but the fools would not listent.
why does not he nft his own art or watermark it?
that's wrong too sell the work of another but how does this mean the artist must close his gallery? was the artist depending on nft sales before sometime else listed it?
learn how to use technology
that's horrible. it's equally horrible that small changes to images can endow them the title 'commentary.' once they gain that arbitrary title they can be sold legally - at least in the us. the legal battles involving original artists and those creating commentary using their work are as many as a hair on an oxe's backside. it's an amazing time to be an artist. unfortunately, it is equally as difficult as it is opportune.
that is very unfortunate, his work is fantastic , the person stealing his work should be banned from selling nfts
something similar happened to me with fallout 4. had a number of my mods stolen and posted in their "creation club" for sale . pulled all my mods off of some popular sites and said "fuck that..."
what if deviantart thisabled right clicking?
nft is just a decentralized lottery.
this is why anyone who espouses nfts as a good thing for artists is a god damned liar. one artist friend of mine is sitting on more than 50 unanswered requests to take things down off of opensea or whatever the site is. it's ruining people's livelihoods.
well yeah nfts are free
theres a woman in the pin community, delaney schultz, who is a notorious art thief, literally traceing peoples art and selling it as hers and making pins with said stolen art.
non fungible theft nft
easy, nft ownership goes to the original art creator. someone just helped you mint it for free lol.
wait. you just steal other people's art and make nfts?
im not a huge nft fan (for their current usage), but how is this any different than someone going on his gallery to screenshot his art and sell them on another platform? cant he just make his own nfts, prove his ownership and profit from this free advertisement?
the dirt bags that use dead artists are the worst
thats dumb. artist should create and post both the physical and electronic originals for sale on the site. whole point of the tech is to bypass the lower middle upper sideways participants who alter the commision structure.
this is really shitty and all too common in nft land.
although it looks like there is high demand for his artwork, he should definitely capitalise as ppl seem to like his artwork.
why does the nft version look so much better in quality?
oh but nfts help artists!!!! your clown car has arrived, get it.
turns out nfts are just as scammy as icos.
how the hell is an art based website just allowing blatant art theft like this??? wtf?!?!
i actually don’t like to share my art in fear it’ll become someone els ntf
wonder if nfts will be another level of copyright? like the artist themselves immediately label their art as nft, so that others don’t steal it?
so, so many artists are suffering from this theft, it is really depressing. i love crypto and am not against nfts but many of them i've seen are just stolen images, used without permission and against the will of the artist who made them. it does not matter jf the nft itself is the blockchain link, its using stolen media to advertise and what most people consider the value (receipt of a thing, the thing being important). i really hope the community as a whole can become more supportive and policing like this; checking to see if the nfts they want to buy are legit, that their artists are on board, reporting stolen art and putting pressure on the asshats who steal and mint work they have no rights to.
tbh patent your creation before sharing em...then if someone does you take legal action.
...and yet nft bros are claiming that its for artists to get money... this is fucking vile
lol like the free market without patents
whenever you create and nft, you should hash your art with a signature created with your private key so that people know that they have a genuine copy from the actual author.
its sad that some people take advantage other people's talent.
he could just do it himself?!?!,!?
the blockchain never lies
i took all of mine down too. kept seeing them being used. someone even stole one and tried to make money.
lmfao, this entire scene is wild af. he should just steal them back, attach blockchain ownership, resell them.
glad to see that we got it down. great job pals.
they need to make their own nfts already, clearly theres a market!
lmaoooo, what the internet has become
why would this make him close his gallery? this whole subject makes no sense to me.
everyone should copy and past and sent it to the seller thief's
isnt this what nfts are about?theft?
if i am an artist and want to see if my work has been stolen in this way, how do i go about searching for it?
if folks didn’t see this coming then you are all a bunch of dumbasses.
i mean…i don’t know y’all. i mean shit!… hell. i don’t know?
for the experts... how much could you digitally change one of these to make a new "unique" fraud nft. looks like the fraud here one is cropped slightly differently. what if you mirrored the image, changed the tint, moved the brightness up or down etc? not asking because i have any interest in doing it, but it always seemed like an easy move and a sign nfts are not quite the awesome artwork format that seems to be a trend.
he should sue the nft marketplace for copyright infringement, and get everything that anyone paid for his stolen works sent to him. doesn't matter if a sale was weeks ago and the uploader got the crypto; the marketplace takes a commission and they can pay him from their own funds.
yeah, this is one of the problems of nft i guess. nfts are an 'intellectual property' that no one can claim to be his except the token holder only in cyber. but, in real world, there is another real intellectual property law that does not ensure the holder's right. if someone copies other's art work and make it nft, the purchaser's nft can be nothing later.
good thing justice has come for the thief.
how would you even check. i have procreate images posted online that im not selling how would i even know if someones selling an nft of my work
how do you make art into an nft? does it cost much?
but nfts help artists get paid
this shows how stupid the nft is.
that guy needs to calm down. all he has to do is wait for the price to go up on the nft and then claim royalties.
as if the online artist community had not had to deal with enough issues before.
who even came up with this nft bullshit to start with?
this is not fair
oh no, crypto and nft used to steal someone's work, who could have seen this coming?
nft's are just a scam. they're worthless.
that's very sad. it makes nfts seem like illegal trademarks.
let’s grab some pixels, any pixels…. add the jpg online, say it’s in the blockchain, charge people ebay style for it and say it’s art of the future…. some nfts may be of some value, definitely not the value they are going for now and most are certainly people trying to capitalise on the stupidity of others.
has anyone considered stopping op*nsea from functioning... if they are cool with illegal happenings, it surely swings both ways.
just copy and pasted these nfts now they are mine.
it sucks, but it is we world we are living in. now where are the people who say nfts ars good thing?
another reason why nft is terrible
this is exactly what i asked in nft threads, how can you prevent someone from taking your art and minting into an nft thus makin himself as the creator? someone said theres some metadata to the art but how is this verified or how are you supposed to know if the nft is legit i have no clue. look at opensea, theres tons of scam copies of nfts, if youre not careful you can buy worthless fake one.
how can you find out if your art has been stolen?
well finally they realized their mistake and will stop posting their art online. if you want the exposure offered by posting your art online, but think that you're right to expect no one taking a copy of the artwork, then you're immature and should keep your art to yourself. at least watermark it to death so your arrogance may be pleased by that. but of course, that will mean far fewer people will enjoy your art.
he should not, especially if he is doing digital art. an nft is nothing more than an entry on a blockchain of who owns a certain thing. in cases of digital art (or tokenized art), it does not change the fact that the owner of the art still owns it and its copyright. the artworks may even circulate and its prices go higher and higher, until one day, it is called out as a fake, and the real owner lists the artwork. only now, the going rate will be so much higher than the price of the fake. you get your name known and get to sell your art at a higher price.
people stealing art so they can sell an imaginary receipt for it is awful.
i'm an artist. nft's have potential good for artists. and i'll spare all the details as to why, because it is not relevant right now. we just cannot seem to have nice things, because the business of art theft seems to have taken on a new storefront, and i hate it.
well that’s decentralisation for you.
why? if he just mints his new material before releasing it the problem is solved.
this is where fractional nfts come in, he could have made a patent or trademark even copyrights of his work... too bad he is closing up. the deip creator economy protocol solves all this.
blockchains are only useful if reasonable people start dealing with nfts. if we started again with a new one with an organisation that actually vetted out bogus claims to property then it might work.
grab the chance to own your “bankers nft” on the 31st of january! join us!
they should care less. this is not taking away from their profit in any way at all. no one buys these random unverified nfts and the odd person who does randomly ape this shit is not the same type of person who is buying commissions on deviantart. something like redbubble has thousands of stolen prints and that shit actually sells and is directly taking money put of a lot of these artists pockets. gonna stop using redbubble because of that? of course they are not, they make money on redbubble. not saying art theft in nfts is not an issue, but art theft of digitial art is an issue anyway. why close your page just because theres a new method? nfts are actually trying to solve that shit, it is a new market, things are still being worked out.
it's not theft. ultimately, the nft is just a unique blockchain item of an arbitrary thing. that thing can be a random number, or an equally random number that just so happens to be representative of an artwork (in the case of opensea a literally url to the artwork on their server(s)). i thislike these artists who post their art online, and then call people "thieves" when they use it... i mean, i wouldn't do this myself, this so-called "theft", but ultimately the artists are sharing their art, and once it is shared digitally you can not really expect it to be... solely yours for a moment longer. the person who created the nft did not claim to be the maker of that artwork behind it, even though on opensea that is a part of the read-up you need to accept. bottom line, artists who do not want their art "stolen" need to restrain themself from posting it online; you cannot only accept something for all of the good it offers, without being willing to accept the opposite. to begin with, i am highly thismissive of deviantart. **using deviantart to begin with means allowing deviantart to use the art posted on the site as their own**, so it is just a matter of someone other than the entity the artist gave permission to use their art however, using their art however. i love pixiv because on pixiv at least, the majority of artists are not so snowflakey to be mad at the world when something goes exactly as you should have expected it to, but did not accept that because "a tos told otherwise". those that are are primarily not japanese but people from countries in which society is going awry. that is why crpyto is good. it will cure the snowflakedness plaguing too much of the 1st world society. i'll wrap it up with this; i want artists to create art and i want them to have money, but **i do not want people creating art to earn money**.
the artist could take advantage of the free publicity… nft that is real can have multiple functions associated w# of the nft, look at mmfinance having their nft collection being a deposit mechanism to increase yield %...? many things a real single id# nft could offer… it’s not just a picture you can copy, the picture is just the surface…
"stealing" his art. it's a public forum. don't want your art copied? make the nft first and hope someone buys it before someone else copies the image and makes an nft out of it. place it on gallery sites after you've sold it.
omg get a job
idiots in there expecting a free service like da to try to protect one of their user's interests or art.
so sad but that’s free market. running away only means the culprit finds someone else. 😥 i remember shutting down my sign consulting business because chinese designers were doing for pennies on the dollar in the 90s.
why does not the artist just mint the nfts themselves? if you mint before you publicly post your art online, then it would be impossible to counterfeit an artwork and produce an nft with an older timestamp.
mission accomplished. don't mess with team cryptocurrenty reddit! what's next??
the comments are so stupid. all this guy had to do was start making nfts and register his name to get the blue check. he'd be filthy rich. instead a bunch of dopes yapping about how much nfts do not enable artists. this guy's and beeple both have been creating for 14 years with a big following. only one made 100 million this year. the other is being a fool
the question is, are people profiting from stealing his work? because i'll bet dollars to doughnuts that what's actually happening is someone is minting nfts with his jpegs, but i highly doubt anyone is buying them. there are many sucessful artists getting into nfts now and they do not seem to have this issue (as well as... every artist not doing nfts). like yeah i can go to the library and start photocopying books all day if i want to, but are people actually going to buy them from me? am i actually harming the authors?
filing a copyright infringement claim is less than . you need to fight for your rights like the riaa or mpaa. the ftc can enforce court orders. play hardball, or do not play.
lawyer up. afaik da artist art
as a artist is years we abandoned deviantart, it is the only place where we had artwork stolen regularly. i do not know why that is happening.
and another reason why nft art is bullshit.
stop posting stuff without watermarks
they should publish their art directly in nfts. that way they can verify the ownership. it's ***impossible*** to fake ownership in nft.
as someone with a basic understanding of nfts, is there any harm to the artist?
nft are just money laundering just like crypto in general is aside from a view that dont charge insane fee's just to use for everyday use.
been in crypto since 2017. nfts are a cancer
nfts are for people to clean their illegal gambling money
i fucking hate nfts
it got removed. good job boys.
we defended art, we hope we will not see such things again
we all have a duty to help him get his art back
done - to support real artists
good to see when we pull together some things actually change. it’s down!
og artist, if you ever see this, sorry for the shit you've been through, reddit cryptobros got your back!
with our help, the main problem will not be solved, it will happen again
the nft itself is not stolen.
this guy is kind of a moron, why not join the game if you cannot beat it, nfts for provenance paired with physical art will be the future of art nfts
it would not matter. there will be more. there is no mechanism or legal structure to prevent this from happening, so it will continue happening.
relying on a central authority to enforce rules, that does not sound very crypto.
' ![gif](giphyyrufixsnwfvcxaxpmx) it bothers me to catch them all one by one, to hell with the labor thieves
lmao i never thought i'd see the day where jpegs are being stolen
doesn't do much in the long run. need to hold the platforms responsible. then they will in turn hold the offending users responsible. it's really the only way. the only problem is, this goes against decentralization. so unless someone comes up with a better solution...
reported it, i hope it gets taken down as soon as possible.
i screenshot ted the nft, now what
yes and we should also screenshot the stollen art and post it on twitter and sent the stollen art to him.
they are good for artists. these are bad actors in the space doing this.
yeah, the nft concept needs to be improved, are they truly unique if anyone can steal them?
it is necessary to think about this problem if anyone can steal the works of real artists, it will cause chaos
yes, i agree, i am an artist myself and i am not interested in doing this in nft
i do not think it is them not giving a shit, but what exactly can they do other than report it? the blockchain is immutable and once the deal is done, there is really not much that can be accomplished. the inherent problem is you can make a piece of art and sell it as an nft as many times as you want on many marketplaces. that's why i doubt the long term value of nft art.
thats why i say nft art is bullshit. nft ownership certificates? thats useful. a link to a jpeg saved on blockchain? not so much.
i mean, i have only monetized my music with any real success with nft's, so i would strongly thisagree. i have a very small amount of fans around the world that are supporting me in that way. made 's - and nothing anywhere else... not a lot of money but keeps me motivated. shameless plug: [
this is not only happening with nfts. if you upload your design to redbubble and it gets attention then you can expect it to be uploaded to all the other sites by assholes all over. this was going on well before nfts ever existed.
as an artist none of my personal art is even online for this exact reason it's too much of an expensive and time consuming effort to go after the thieves, so it is not worth it
it's extremely infuriating. nfts have huge potential, especially for artists, and then shit like this happens. utter pieces of shit the people who steal it.
its not nfts that steals art… its the act of right click save…
that's actually the worst thing that could happen. this piece sold for like 3$. so, worst that could happen is the buyer lost like half a latte, best is he found some up and coming artist.
because the majority of people actually buying are crypto market speculators, not art enthusiasts.
none of them have even sold a first time, much less a resale.
why would anyone buy an nft at all.
because it’s dipshits buying them
couldn't the artist just release another nft with the same image and that would be the one that has the highest perceived value?
why would any art? there is nothing unique or special about them, and i’m speaking as someone who develops in this space. the nft implementation has use cases and benefits, but linking to a jpeg is not one of them, in my opinion.
your sentence mistakenly continued after the first occurrence of the acronym "nft".
i think they would assume the site would have checks before letting people list stuff on there which is kind of a fair enough assumption imo. but nope the site is not any more complex than ebay when it comes to authenticity. it's not a big ask of the site to approve users before they sell stuff. like if they want to sell deviantart stuff then they have to verify their deviantart account either by logging in or sending the nft site a dm from the specific devianart account. pretty much a very basic form of verifying someone and their art but nope even that does not happen. should be like twitter. verified people have a checkmark next to their name.
you are so close to figuring it out
it just blow my mind how even crypto people cannot understand what nft are for. this is exactly the same as download the art and sell it on a t-shirt. sure it is scammy and it should be reported, but it will not devalue in any way the original. no one is gonna value less the mona lisa for the print they sell at the gift store. it's a non issue and nobody really sell any nft without the artist confirmation.
people buying for profits , they don’t give 2 shit who make it artist should remove it asap and only release officially on nft going forward
you could have just stopped after the 6th word.
why would anyone buy an nft?
how can a digital artwork be signed and valuable? i still do not get it. it's just ones and zeros and can be copied. it's not like a real piece of physical artwork where's there is a true original. even with that kind of art, there are forgeries, but at least it is hard. what's to stop me from just screenshotting an nft? is there anything that makes a copy different from an original?
> why would anyone buy an nft could have stopped there.
its similar problem that youtube faced before they started that infamous 3 strikes rule and dmca redressal mechanism.
highly unfortunate that their work is being stolen, but legally is not this the right thing for opensea to do? aren't these the steps that anyone would take for an infringment cease and desist? (edit: right thing being filling out the paperwork, not ignoring reports)
owning the nft is not the same as owning the artwork. you just own a link to a digital copy.
so all of them.
soon there will be an nft marketplace protocol that cannot be sued.
i know right????????? cyrptocurrency as a whole has never ever been used to make a quick buck or scam people, its such a wholesome and honest community
i'm more surprised to see stolen content online, well there is a first time for everything i suppose...
this. if you get caught up in legal proceedings it means you invested without proper research
i think someone bought it too and it got removed after this post. guess opensea ain’t going to do shit about this. this person has been converting nfts of stolen arts and it’s all on opensea
happy that this was actually removed though, but i agree. shouldn't take this much attention to make a difference.
they can have something like a verified creator tag. also signed by the creator. also, not many artists are on nfts, their works are probably being stolen and nobody knows about it
it’s an nft, the buyer getting scammed is a given
there needs to be laws created for this century by people who are capable of even understanding the tech
honestly it is not much different from random markets in developing countries selling rolex copies, if you want to buy it go ahead, if you want the real deal then do not be an idiot.
this reminds me of pretty much every new tech that is "supposed to benefit artists", the scum taking advantage is always right around the corner. and sadly the vast majority of artists tend to be artists, who want to create. not tech gurus or legal wizards who are spend their life protecting their copyrights. yes it is improving. but i'm in no way surprised nfts are turning out to be misused to exploit the efforts of artists.
exactly i mean how can you sleep at night that the little money you made was from stealing someone’s hard work.
nft will never do anything to help artists, it was never intent to. it's just another source of speculation for investors junkies. fungibility is a term that means nothing on the virtual world does not matter how many people tell otherwise.
that's a horseshit lie people used to sell the idea. every single artist i know or have talked to hate everything about nfts.
? no actually those are the same thing. passing along lies is lying, lol
reported as stolen, thanks for link
it appears to be taken down. good work!
good luck suing a public address lol
i strongly believe you are missing a point about nft & art: today they are almost always a scammy concept because there is not enough infrastructure that supports this kind of trading, and their value relies on an artificial scarcity . but there is not the technology yet to have this fully working: you still do not have a tool on the browser that tells you "hey: this image is legit form the author", like already exists for the ssl certificates ! (the lock). that is a tool that tells you "hey: this is the real reddit site, it is not a scam" we are seeing the beginning phase of this technology where people are getting scammed. --- try to think, for a single instant, if deviant art authomatically created an nft for every uploaded piece. that is the missing link to protect the artist on deviantart. **what can an author do to prevent being scammed ?** since people still do not understand that nft does not avoid contrafaction, but only serves as a tool to legitimate digital ownership, the only thing that a digital artist can do is exactly what photographers do to avoid being scammed: - do not post the full picture, but crop it by a small percentage of the size - use watermarks - create the nft manually before uploading it to deviantart nft are instruments, what we are seeing today is the equivalent of the nigerian prince emails of the 1990s, or the fake ecommerces that registered credit card numbers
it seems like people are trying to create reasons to use nfts where they are not really needed. i do not believe they fix any problems with tickets or video games.
gamers do not want video game nfts
nfts in games make even less sense ...
nfts are stupid for literally everything i've ever seen them used for or proposed for. i say this as a crypto enthusiast since 2013-14. at the end of the day tying things that do not solely exist in the blockchain, to the blockchain is just a waste of resources. a crypto coin makes sense because it is entirely in and on the chain - if i send you a crypto currency, that is that, we're done. if we're talking about a decentralized ticket or license, that is fucking useless because you still need an irl central authority figure to deal with actual ownership and thisputes anyway, so at that point the blockchain element is just useless bloat. it's pointless for gaming because every proposed nft idea could exist in a traditional database anyway. the people saying "oh yeah man, but what if you owned your cosmetics separate from the game or use them in other games too!" we already can via steam inventory and the ownership element is irrelevant because if centralized services and servers go down, the entire game is dead anyway. as for the cross-game concept, that is just idiotically idealistic to pretend that games have any interest in allowing you to use a cosmetic from one game in another. if they wanted to they already could. even if it worked, most would hate seeing things that do not match their games aesthetic and design anyway. the reality is that the concept of the nft has been so poorly utilized and marketed that it is utterly dead. it's been accurately branded as "tech bro mary kay" and everyone outside of crypto despises it and will pretty much instantly thislike you as a person if you start talking about nfts. it's an instant red flag and turn off for most. hell, on this front alone even if nfts were actually something super beneficial it is basically irrelevant due to the court of public opinion. doesn't matter if people like or thislike this, this is the reality of nfts. the only way to change this is to silently create something truly and actually useful with them, and then show it off when it is all ready to go. even then people might still just hate nfts and there is no way around that given all the stupidity we've seen with them so far. ______________________ tl;dr nfts are dead on arrival as a concept and do nothing but generate bad press for all of crypto.
they do not lol
1. no 2. no until someone with a lot of money gets angry because average joe does not have the money to sue a company
they do not and they would not. for example, opensea, one of the big boy sites, after being flooded by angry artists having their stuff stolen often multiple times, just decided to start [rejecting take down requests.]( and [add deterrents like the threat of doxxing.](
until nfts also hold ip rights that are transferable this makes nfts just receipts. pretty lamee
what kind if people tend ti transfer rights? like music wise maybe?
nfts are a solution looking for a problem. no one was interested in decentralized property rights because property rights without an authority to enforce them are worthless. and even if it was beneficial to consumers, there’s hardly any use case where it’s beneficial to producers, which means they will never adopt it. why would a company selling tickets want to give up control of the market by putting their tickets on the blockchain? they are far better off running their own market that they control.
i agree with this up to the proof of stake statement. pos is vulnerable to centralization. the more i look into pos, the better pow looks from a decentralized point of view.
if you like his work he’s done published work for dc comics
how could you though without buying an nft!
yes you can do exactly that and as far as i'm aware there is no punishment by the main sites, so if it gets reported and taken down you can just put back up later, rinse repeat, crazy is not it. the only way to stop it would be these market sites taking a heavy stance and removing stolen artwork themselves, but they would not, and have even taken steps to make it harder for the artist to remove their content bc stolen work brings in money it is not in their best interest.
you totally can. which is indeed the problem
forreal fuck dem stealers
it’s on matic bro
matic out there doing god's work
lol. nothing. stupidest market. although if.
nobody, that is why it is a dumb idea for a decentralized network concept.
i thought those types of issues were covered by copyright laws. i don’t understand how nfts provide additional protection.
not true. copyright laws attach when an original work is created, and also apply to nfts. in the u.s., nfts are considered copies or derivative works. legally speaking, only the copyright owner has the authority to create an nft of a work they own, and u.s. law provide some pretty hefty penalties for copyright violations.
someone said here earlier that deviant art should create an nft as soon as art is uploaded to their site
the nft space is only valuable if you can have a tangible way of proving the artist and having irrefutable proof ownership. the way this would work is if the artist has a wallet they are known and identified by (their signature effectively), then all works uploaded under that address could be attributed to being from that artist. if there is any replication, the other side might just be that the marketplace that is selling from is also thishonest. the downside is the artist losing access to the wallet therefore making it harder when adding more nft or worse someone gaining access to the wallet and purporting to be the owner in minting more nfts
precisely. i've heard the analogy that it is like owning the recipt to the mona lisa, but it is actually more like owning the serial number of someone else's car.
this has nothing to do with art theft being sold as an nft.
watermark fine art, this is a threat by nft degens
instructions unclear-computer drowned in water
that’s true, watermark has been very essential. don’t want people to steal.
the final stage of maturation for nfts is obscurity as the public consciousness moves away and any “hype” surrounding them thissipates. then it will be left as what it actually is, a gimmick that people spend a few dollars on.
deviant art makes opensea look like a damn preschool fingerprinting gallery. you can clearly see who is in it for the love of art, and who is a pixelated me too trying to cash in
nfts are just the new cryptokitties it is unlikely anyone will care after 4 years
lol yup. everyone seems to overlook this point and go right for the fud
"cooperate or have your art stolen and profited off" gee i wonder why people thislike art nfts
nfts aren’t the problem, people who are running the platform is. artist was mostly frustrated because his reports were being ignored.
maybe he doesn’t want to do it, but that doesn’t justify someone else stealing and making an nft.
and if he does not want to participate in the nft scam?
bet you have 100 bored apes or some other shitty art nft nft art more like nft fart
wont help, like ebay and amazon the scumbags just need better seo
no they should not be...
great argument, if gas fees were free. since they are extremely not-free, though, very bad argument
there is tutorials on youtube
windows snippet tool or any screen capturing software will grab it right up.
maybe the artist just doesnt fking want there to be nfts of his art?
-100 to mint, no thanks.
smart thing to do but only those who know know
it is their job you fucking stone tosser.
1) that costs gas fees, i should not be obligated to pay some stranger miners 2) they can just slightly change the hue and add a couple brush strokes or whatever and mint another one, does not really solve this.
minting is expensive, you're asking artists to spend their money to show they own what they created. that's beyond dumb.
someones litteraly profiting of off another person art.
how can you remove what's on the blockchain?
is there a list or link to more of his art that has been stolen? why stop at just one piece clearly this has happened mulitple times and this guy is devistated.
thank you dear friend for this topic and help real artists
wait, who can remove an nft?
we did it 😎 good job
mission passed ' respect +
f for this sub!
done x2. i do not even particularly care for the nft space as a whole, but anybody faced with this unfavorable situation is certainly deserving of our help!
when you can have so many apes, things like this are certainly very possible.
there needs to be a way to check for ownership before the nft is minted but i cannot think of a cost efficient way to do that.
or maybe nft for art is just stupid
the url is unique. that's it
yes. the images can be stolen, but that is not the same as actually stealing the nft.
it’s the same as making fake documents of ownership someone could say the mona lisa is theirs and they have the right to sell it to you, but if they don’t then they’re lying, committing fraud the difference is the tech to define ownership is new, the crime is an old one
it was never about being good, moral, or useful. it was always about earning a quick buck at the expense of everyone else.
nft itself can be the solution. it's just the artist needs to release it as nft to begin with. but the problem with nft right now is there are different "brands" and they rely on a single server. it needs to be p2p like bittorrent.
they could kyc every nft creator before they’re allowed to mint an nft. there’s only a few places you can mint nfts and it would be a simple way to deter scammers.
the jpeg isn’t on the blockchain.
the obligatory: "but you don't understand nfts"
>nft ownership certificates? that's useful. is it useful when i can mint my ownership certificate of the same jpg?
what about a link to a proof of ownership instrument representing the ownership of a jpeg?
i would like to know what potential has nft for artists, since all this nft art hype shows how ridiculous is it.
>instantly detected and dealt with well have you read the title where it says > his reports keep getting ignored. creator of these pieces was reporting them but places like opensea did not give a fuck
if everyone checked the nft is from the original artist then there would be no point in people taking and attempting to sell other people's work.
yea probably like 99.999% just wanna cash in on the fade.
yup. people need to understand that the people buying nft’s do it because they think they can make money off of it.
i bought one to support the artist it immediately dropped in value i waited several months and i see an offer waiting. after fees, i would net a 20% profit cool and all but i let the offer expire. i didn’t buy it to make a quick buck i also collect vinyl and tapes and retro games and such though. i just like collecting stuff. it’s always cool when a vinyl i own suddenly starts selling for much higher, but i didn’t buy it to make money. and let’s be real, i probably spin 20-30% of my collection in a year — the rest sit in a shelf just like my nft does to each their own
being dumb definitely does not hurt. i'm also convinced that most of these people are just speculating.
signed memorabilia has value.
i would hope that if the nft has no connection to the artist then it would have no resale value.
something is only as valuable as what someone else will pay for it. therefore anything can have value. how can a painting have any value? it's just a few stokes of coloured dye. the digital signature is he bit that cannot be copied. you can screenshot an nft all you want but you cannot forge the artists signature. i'm not saying that i agree that nfts have value. and i think that most of them will not. i do however think that the high value multimillion pound nfts will hold their value. i'm not going to be buying any but i can recognise why some people might consider that they have value.
assuming you mean address then yes, this is what i was meaning. just check the nft was originally sent from the artists address.
> and the digital art owner is the person who first mints the nft and claims ownership of a piece of art. i find it unlikely that the law would agree with you. > with this new paradigm of ownership an nft does not represent ownership. it's just an autograph. a signed copy of the digital work. we'll have to wait to see if the law agrees with you.
ah yes, the best system, the definitely not flawed system
the people shitting on nfts as a whole on this sub are using the exact same arguments they used to shit on "bitcoin and the blockchain thing" before they fomo'd in. 🤣
like everything in the crypto space. everyone has to take 100% responsibility for there finances and how they spend them. i think it makes a better world long term
plenty of new tech does not really serve the audience they claim it will. remember when they pushed the idea of digital games to console gamers with the idea that they could provide the games more cheaply if they did not have to worry about the costs of physical releases? now we have companies releasing digital games at higher than normal prices after the "digital thiscount" never happened.
_laughs in youtube content id_
that's what capitalism is all about
i mean well that is just straight up false because nfts are already helping thousands and thousands artists every single day.
done, everyone else please report a stolen and help out the artist
games does have an application. it would be cool if you could buy an nft hat that you can wear in multiple games for example.
i can’t imagine that’s true. right now, when you buy a game on steam or the ps store, you’re only licensing it. so you can download and play but you can’t resell it like you can physical media. well, with nfts you can do just that. and the developer can write into the smart contract a royalty so this is win win for all parties.
and that is because they do not understand what nfts do for them and because nft tech has been popularized as selling stupid or stolen jpegs a lot of games have untradeable items, money completely wasted if you stop playing the game or decides you do not like them anymore. won't you rather own your assets than having a company control everything about it? i play dota2 and have bought a few items along the way and completely gave up on spending money on it after valve ruined the market by making the only way of buying certain items as buying levels on a cashgrab battlepass. i cannot buy an item for 30$, i have to spend over 100 nfts on games would be revolutionary, but not in the best interest of the companies nowadays (at least for now). it's a shame that most nfts games are pyramid schemes and the games themselves are shitty
i do. having every skin available to trade for real money no matter what is very good for collectionists. that's why i enjoy games that have steam market, but steam market has some flaws and there has been controversy in the past with it.
well this is not true.
speak for yourself, nft items in games is revolutionary tbh.
i would love video game nfts. not necessarily because of the shitty p2w implications, but being able to jump into a game of cod, play a 3v3 gun game against some randoms, have a close, fun match, get matched with them again, and have the option to put .
i believe you are seeing the issue from todays perspective: we still did not fully catch all the advantages that derive from a thistributed database application because it did not exist this opportunity before. i also believe that this > if we're talking about a decentralized ticket or license, that is fucking useless because you still need an irl central authority figure to deal with actual ownership and thisputes anyway, so at that point the blockchain element is just useless bloat. is wrong: the central authority is the blockchain: the company that issues a ticket delegates to the underlying technology the validation and transaction of the item. nft can be used to create a thistributed application to track item origin: the difference from todays technology is that today you always need at least one company it & infrastructure to manage the transactions and the items db. this allows transparency, opportunities. in my opinion this changes the question on nft usage in games: the question is not anymore "how can nft be useful in the gaming industry",this would be like forcing an instrument usage. the real question is (imo): "how can trasparency and user ownership improve the gaming industry?" because today these tools are available.
i think i have a clever answer for this. if anyone out there wants it i’m down to figure out the tech side of it with then.
pretty much. it’s kind of a profoundly whacky fuck up that’s happening to the tune of millions of dollars.
copyright attaches to anyone who creates a “fixed work in a tangible medium.” which is a fancy way to say if you create something you automatically have rights to that thing. the issue with nfts is that the law that governs copyright and the internet is from 2001. when metallica was suing napster and boy bands roamed the earth. the entire premise of the internet was that everything is infinitely replicable. the laws back then didn’t envision the kind of unique nature or scarcity that nfts could create. and it’s super neat because it’s useful in lots of contexts. but the law still is thinking that everything is a print. and the new web 3 kind of stuff is based on the premise that sure there are prints but there’s also an original oil painting out there and people might want to have that original thing. and the oil painting analogy is kind of a bad one. it simply illustrates a kind of scarcity. the authorship signature is the valuable thing. those signatures are super valuable in lots of different contexts. to answer your question the use cases are anyone that wants to create something and attach their signature to it and have it propagate on a ledger to demonstrate uniqueness. right now art is that thing mostly. but it can be used for just about any digital asset.
that’s crypto for ya
the perfect layer 2 solution
the issue is us copyright law being applied to... people not in countries that care
that's in the us? but does it count in different countries, where copyright law does not cover nfts.
the idea of using dmca laws, something enforced by a centralized authority, to claim ownership over an nft, a supposedly decentralized proof of ownership is ironic and hilarious.
so what? i steal someone's art from facebook and upload it to deviantart... still a stolen art. they actually helped me with my scam then if they give me a free nft. or i take something and change 1 pixel and reupload it, get an nft doesn't solve anything. the core problem still remains that to know if an nft is legit you have to do a bunch of oldschool human judgment call research and apply trust (about wither the social account is the actual artist). which is the same thing you already had to do in the old system. so it did not help. it's like selling a bucket of "dehydrated water" for fire emergencies. step 1) just add water to it in the bucket, step 2) throw it on the fire. revolutionary!
openseas is then as you put it as a thishonest marketplace because they mint, host, and sell thousands of stolen artwork and then make it difficult for the original artist to report the theft.
it is my opinion on the article
a legendary jedi master, obi-wan kenobi was a noble man and gifted in the ways of the force. he trained anakin skywalker, served as a general in the republic army during the clone wars, and guided luke skywalker as a mentor.
nobody ever stops to think: the phrase starving artist is so common is because there is no market for some random pictures. nfts bring in an entirely new business model, and way to monetize creative work. artists that think they can get by selling digital artwork is lol. its so ironic the phrase right click save came from them, because thats why you cant sell art online… theres no market. build creative communities, mint nfts, get some income, then who fuckin cares who copies your work — its just advertising for your community.
seems like people are making a sizable amount of money for this to be an issue. take away their opportunity by establishing the items before they do. this is not about "cooperation".
yeah but it makes me a whiner
counterfeits has been around since the beginning of time. nothing new, just easier to do. any collector should be aware of who they buy from.
so what prevents him from minting his art and selling it as nft? he can even do it next to deviant art shop one answer... same ignorance you have about selling art on the blockchain
when zero-knowledge proofs hit the mainstream, the gas fees will become negligible. but very few people are actually using those solutions right now. the tech is very early.
yep. and there is stocks at td ameritrade. what should i do with that knowledge?
hear me out, what if we forced the entire world onto a version of linux with no screen capturing technology, not even unlicensed hypercam 2?
i do not see how with nfts. all it is doing is pointing to the picture and assigning someone's name to the pointer.
you can just get rid of the picture that the blockchain points to and the nft is useless. big issue with nft's lmao
ask to speak with with the manager.
oh, you thought your opensea nfts were on the blockchain? the images, your nft is just a link to it, and if the server changes something, your nft is gone.
it can be 'burned' by being sent to an inaccessible wallet that is owed by the blockchain itself. once that tokens are there, they can never leave so are effectively removed from circulation
the actual pictures can be removed because they are saved on databases.
but can’t i just screenshot it and look at it whenever i want?
i read that like the guy from south park who said “how do you kill,that which has no life”
you do not remove from blockchain. but you blacklist the token, so he would not be able to sell it on [opensea.io]( (and if market was a little more clever and a little more helpful for artists, there would be a public list of blacklisted tokens that no market would accept to be listed on)
centralisation... this is both a pro and con
people believe in general cryptography and blockchains are inherently decentralised and things cannot be undone. that’s a false believe and you’d be surprised how little blockchains truly are decentralised or cannot transactions.
how do you kill that which is already dead
maybe removed from market.
probably open sea just prevents it from being listed.
funfact: most nfts are not on the blockchain. they are on a database and what's on the blockchain is a link to that database. if you remove the file, you're linking to nowhere.
nfts are centralised and can be deleted whenever the platform owner wants, that is why i stay clear of them completely.
the image it is self was not on the blockchain it was just a link to the image on opensea's website since the web page the nft linked to is now gone it is now considered deleted
you cannot, it is just hidden on that platform which "removed" it.
you can remove from a marketplace, doesn’t remove it from the blockchain
the individual exchange listing them can remove them easily from their store. also, a ton of the images for nft's are hosted on traditional servers. a lot us ipfs which can give the individual the responsibility to host the image if i understand correctly.
rather easily when what you have on a blockchain is a link. just kill the link and the token is useless.
is someone gonna learn today?
majority of nft market is on opensea. opensea can blacklist nfts and prevent them from being visible on their platform. majority of nfts are not actually stored on the blockchain as well.
i'm guessing it gets blacklisted from the exchanges. the seller could still sell it to someone without an exchange. granted most big nft sales are fake anyways
can send to a burn wallet.
art is not on the blockchain, that would be too expensive. the blockchain is just a link to art. one of the more ridiculous facts about nfts.
you dont. you remove the link to their internal database so the nft leads to nothing
because nft are not stored on the blockchains, only the pointer.
what's on the blockchain is likely still there. but you can always change the 2nd layer implementation to ignore certain transactions.
the art is not actually stored on the blockchain, it is just linked to.
so from what i understand, and nft is like an irl paper saying you own something. you're the owner as long as the people recognize that piece of paper is legit
very simple just do a hard fork
the marketplace it was listed on probably blacklisted it
if the metadata is editable (opensea) it can be removed there are alternatives that have immutable metadata like charged.fi
because (spoiler) the pictures themselves are not on the blokchain, it is literally basically a url linking to an image. another reason why nft valuations for "art" is such a joke
the sword of 1000 truths.
it's one of the downsides of blockchain, but it can be removed from accredited marketplaces at the very least.
it's not it is on google docs
same way you can burn a bennie baby. lol
but how many more cases are there that dont reach from page?
we did it apes strong together
opensea can delist it for obvious reasons such as illegal stuff
exactly, i too do not care about nfts. but helping people is good.
done x3 that guy doesn’t deserve this
reverse image lookup should take care of 95%+. 2 minutes would be plenty to indicate there is at least a reasonable chance there is a problem.
render (rndr) is working on a cool way to do this. they also include all the rendering data in with the nft, something only the original artist would have
if there is a solid way to prove ownership before it is turned into an nft, wtf would be the point of it being an nft? i mean that is literally the whole shpeal people give about what it is useful for lol.
or maybe nft is just stupid
on that particular chain!
main issue is that they are being sold as the image "i own a link to this png" sounds a lot less appealing than "i own this image"
minting someone else's art as an nft isnt illegal yet. the problem is the lack of regulation and ownership laws around art nfts
an nft bundled with art can prove ownership, sure, but this in no way stops what's happening here: unauthorized commercial use. even if someone makes art+nft there is nothing stopping someone else from making another nft and stealing the original art to market it. it's literally just art theft and it is as old as time. same as using someone else's art to sell t-shirts, mugs, etc. a piece of art being bundled with an nft does not stop art theft in any way.
agreed but that requires 100% compliance. it sounds good on paper but there are marketplaces opening left and right.
everybody can mint an nft, not even exchanges are needed, how would you kyc them?
this is the worst idea ever. why do you normies want centralized control?
this is the future for nfts, i think. i know nifty gateway requires some level of kyc before you can sell anything, and i’m assuming coinbase will, too. remains to be seen if open sea will do anything to actually survive mass adoption of nfts.
not really. nfts can be minted on a variety of different blockchains. so every blockchain would have to agree to some form of kyc system. there is one option: new graphics formats with nfts embedded. but even then people could screenshot the image, then mint their own.
here is the point: it is not. ownership certificates are useful on blockchain. but only if regulated and therefore somehow centralized. i can be wrong, but i cannot think of any other way around it. it has the same problem why we even have governments and stuff. because we need to be governed. a bunch of people is as stupid as a bedpost and cannot be left alone. that would be a total shitshow. and is pretty much what happens in the nft and some other crypto spaces right now
yeah, but really, who cares about owning a jpeg? its not like you could make a 1 to 1 copy of it...
> *unenforceable* ownership of a jpeg ftfy
simple. we just need a centralized authority to issue the "real" nft's with some sort of bar code or number to ensure they are authentic.
nfts are supposed to be how you validate property. this should only empower artists. problem is all of this art that exists previous to the blockchain has to be migrated somehow to web 3.0 with proper validation. doing this is probably impossible. in a perfect scenario, blockchain technology would prevent what op shows is happening lol. it should be very hard to sell someone else's art like this.
opensea: you'd be irritated too if plebs starting complaining about your money laundering scheme with irrelevant details.
that's already pretty much the case though. but since it is essentially free to mint on alternative l1s, there is really no downside to minting and listing "just in case". again, the nft sold for literally 3$, and likely only did so because it was essentially shouted out by the original creator on twitter. go ahead, mint random artwork on opensea and see how literally nobody will buy it.
a hash that points to a third party that hosts a jpeg is not "signed memorabilia".
unfortunately nft aren’t as artist friend as we hoped it only artist friendly when art is release exclusively as nft and it thistribute as such. but people are don’t care about nft and only looking at a way to turn ,000 would buy it up quick without checking for those details edit: and i can steal art re-create it as an nft set myself to make profit on re-sale and there probably very limited things the original artist can do
how do you verify that digital signature?
not only in the crypto space but economy and finance overall, if you do not take responsibility you end up with massive debts and high interest rates. there is a global pandemic of financial illiteracy which can only be solved through the education system.
to be fair, gamers are some of the most entitled consumers. a loaf of bread cost 75¢ in 1990 and almost , but the price of a aaa video game has been completely flat. a game for the snes cost , back in 1990. that's . switching to digital has definitely helped stave off the price increase that would have happened along the way.
indeed, people who write off nfts as just being "another source of speculation for investors junkies" or a "scam" have not seen the good sides of the space. plenty of legit artists creating and selling art via nfts out there. too bad all those low-effort projects and art-theft cases tainted the reputation of nfts.
it’s unavailable now so i’m assuming it’s been removed
the game industry has fought used games for years, they won’t let you resell your digital license now.
oh trust me, that is very much true. i made the mistake of arguing in favor of the idea on twitter today. turns out the anti nft community is very energetic to say it politely.
did you not see all the backlash on stalker 2 and ubisoft?
any developer that puts nfts in their games is an automatic, no questions asked blacklist for me. i imagine it is identical for many others out there as well. despite what this sub wants to believe most people hate nfts and crypto in general.
> and the developer can write into the smart contract a royalty so this is win win for all parties. or the developer could just license the game to that person for the same price instead without taking away access for the other guy. reselling digital licenses with infinite supply is just dumb.
steam has banned any games with nft so false!
how do nfts solve the issues you suggested? why would nfts mean that things won’t be sold in bundles? in fact, surely it’s more likely they will seeing as if it’s a one of a kind item then the demand for it will be massive so you could sell it with a bunch of crap and people will still buy
> a lot of games have untradeable items and that is by choice because they do not want users trading things, they want they buying or grinding for them. we'd have to see game companies choose to add nfts to their games, and at that point they may as well just build out their own digital marketplace so users can trade while they take their cut.
>won't you rather own your assets than having a company control everything about it? i would rather games not be designed in a way that i would ever feel the need to actually buy an item from someone else. publishers and developers intentionally exploiting fomo is pure cancer. i do not want an nft solution, i want the problem to not exist at all.
what's so revolutionary about game items living in my wallet instead of game account. ability to sell it to some kid for ethervbucks or what
why do nfts allow that over systems we can use already?
oh yooo me 1000000%. send me a message and i’ll be glad to listen to your ideas at length. open ears here
bitcoin uses energy to function, just like we use energy to mine gold and to work. technically money is a unit of account of stored energy as value. pos is not the same at all.
1. i'm not talking about the dmca, but rather basic intellectual property rights laws. they date back centuries and most countries have them. 2. it's all well and good to own a right to an asset on a decentralized network. the issue is that eventually, someone will want to use an nft in some way on an actual network, most likely in a jurisdiction that has enforceable copyright protections. for example, if a u.s.-based website wants to buy, host or use an nft, the site is subject to u.s. laws, and the owner of copyright content can sue to block the sale or use, and to have an unauthorized nft removed.
well you got me there. still interested to learn what nfts are in your opinion.
oh look some shills
yeah this is about shilling nfts so you can offload your bags full of monkey pixel art.
the whole promise of nft's was to stop that from happening. if it cannot do that, what's even the point.
point is they do not want to profit off of it. they wanted to keep it free. and this guy is doing something exactly against that purpose. not everybody is in for the profit, dingbat
more like having some integrity and not feeding into this bullshit.
also you can just slightly change the photo and nft it again, few pixels off, tiny bit different hue, whatever. so it kinda does not solve the above issue anyway
print it out on some paper then stick it up your arse.
your still fucked. someone will program it in. power of open source.
whats so hard to understand? someone is stealing someones art, claims it as their own, and sells it as nft.
is this true? i'm still trying to learn how nfts work...
dude like a large majority of the internet is dead due to "link rot". one estimate is about 50% of the links in legal court case documents citing whatever points to a 404. having nft rely on a certain specific sole domain (can the source change by the owner if sites die tho? idk) sounds... catastrophic. particularly when you're dealing with 6-7 figures =\ aka .1btc soon :)))
true only with the lowest grade of nfts. the vast majority use decentralized storage like ipfs, arweave, or filecoin to store assets. good luck getting rid of something stored on arweave. edit: holy shit downvotes. you people have absolutely no idea what you're talking about.
you can request the pinning service (e.g. pinata etc) remove it. if it is pinned on a private ipfs node it is up to the owner (anyone can host and pin files on ipfs, that is the whole point of decentralisation). you could send a c&d, but if they are in a jurisdiction that does not recognise your copyright or you simply do not have the resources to actually follow through with legal proceedings you cannot force the data off the ipfs network.
so if an nft is just a receipt saying "you own this" and what "this" is can just be easily removed making the nft into "you own nothing", how are they even still a thing? who pays for that if the only thing it is supposed to guarantee isnt guaranteed at all?
can you sell an nft then just replace the image with a giant cock? if so nfts are stupid.
the blockchain does not point to a picture, but instead points to a url. so should that server go down, or that hosting service quit business...
nfts are useless without a centralized org providing value to them. nft art, however, is always useless.
"the nft is useless" ding ding ding
only if the image is stored in the minting's server. if it is in ipfs, nothing can be done
lol no. the nft is still there, it always will be. it’s just delisted from marketplaces now. i swear man, you fucks don’t know how this shit works at all 🤣
no, it is just an nft assigned a value with no content. it's like trading in real life.
not an issue with nfts, more an issue with theft i’d say
you can store the art on chain and there are decentralised image hosting services as well. but agreed that if your nft is pointing to an image on something like aws that’s an issue
> you can just get rid of the picture that the blockchain points to and the nft is useless. big issue with nft's lmao not if the image is on a decentralised system such as ipfs.
yeah, that is so contradicting an idea...
sounds like easy rug pull territory.
for real? like just throw up a blank white box in the same shape as the nft and boom?
but this means the person who would have bought it lost the money and will not get it back right ?
on the other hand, it is helpful in cases like this one. can't imagine how many artists already been fcked for massive amounts of money
that’s why they are so scammy. somewhat solid technology if applied correctly but 90% complete bs. crypto snake oil.
it's not really a big issue with nfts, it is an issue with the concept of having a certificate of ownership as a whole. they've only ever been as secure as the people that agree it is secure. when you buy shares of a company, do you think you can trade in your certificate of ownership for some tangible part of the company, like a brick in the floor? nope, because stocks are just as worthless as crypto or nfts or money.
this is 100% incorrect
some fool storing this on his ledger. i don’t even know if ledgers can hold nfts.
dumbest shit ever, hahaha.
that wouldn't work. the link or digital asset is always worthless. the value is the proof of payment. really, waste of time as any web link could thisappear at any time for any nft.
so total hypothetical here… but are you saying someone could hack beeple’s shit, delete the original pictures with the right knowledge, and the most expensive art pieces in the world would be rendered useless? if that’s true… def a link to work out. lol
lol, and some people argue that nfts are stored on blockchain and cannot be removed.
> big issue with nft's lmao yeah, the big issue is they are a scam.
your serious? so an artist can just change your art at any point in time? ok that is messed up and even the idea of using nft for tickets goes out the window
so like “pretty please with a cherry on top” or are we offering handies too? i think the handies will work.
wrong block chain my dude
i'm the manager. welcome to blockchain. i love you.
welcome to costco. i love you
you have got to be shitting me. with how much internet rot there is, i would never get an nft. i thought the image itself was stored on the blockchain.
so, let us say a hacker gets into opeansea servers, deletes all their their backups, and replaces all their media with dickbutt.jpgs, then everybody's nfts will just become dickbutt? shit is wild yo
so your 6 figure beeple could end up being a 6 figure broken link icon??
the part that i care about about the nft's i own *are* on the blockchain. but then again i'm not suckering for stupid pfp nft's... so, yeah...
they use ipfs instead of centralized servers to not run into a „broken link“ issue at some point. ipfs creates a unique fingerprint (known as a cid) of the content itself what is then linked to the token.
yep, they are hosted on the centralised and servers, which can be taken down easily.
* san andreas theme intensifies
one ape for all all apes for one
not trying to sound pedantic, but it’s apes together strong
opensea does not care anymore because their entire platform is a broken, stolen mess and most things on it are stolen.
to piggyback off the other user, opensea and many nft art advocates know that -*at best*- creating nfts with art they do not have rights to is a legal grey area because block chain tech is new and unregulated. they do not care. they're here to make their money.
done x4 and the ghy who stole the art should have the law to contend with.
i mean maybe on some nft front end you could do that, but these are pretty simple smart contracts afaik. someone can always make a token and point it to the file storage hash for a copypasta.
that's a good idea but some artist (selling nfts) do not relinquish copyright privileges so they can still publish the art as they please. beeple made this clear when he sold his work. he still owns all copyrights to his art he has sold. also some artist do a limited run of sales. potentially one piece of art could be sold 1000 times.
or just check a image's hash that would be very easy and a good start point
… but but but centralization is bad, right?
the main issue is that almost nobody who is actually serious about art is actually interested in nft art. the few that have any real interest do not know shit and are just caught up in the fad, the overwhelming majority of nft trade is scamming.
> minting someone else's art as an nft isnt illegal yet. you're getting too caught up in the technology. while there is no law with "nft" in it, there are regulations about intellectual property. there's a specific set of laws called "copyrights". these are literally rights that creators have when it comes to the copying and thistributing there work. violating those rights is against the law and you can be sued for it by the rights holders. you're not going to get off by saying like *it was easy to steal so i thought that meant it was ok to steal* or *the law says you cannot steal some one's work so i stole it using something new. it's new so that means it is legal, right?* this is not any different to stealing the masters to a new beyonce album before it is out and selling it as an nft. theft is not magically legally just because an nft was thrown in the equation.
yeah, except it doesn’t even sound good on paper. half the reason for blockchain technology is so kyc is unnecessary.
would it ruin your scams?
this whole thread is answering this question. decentralization is good for some applications, buy clearly not digital art marketplaces.
basically, need to link gov copyright to an graphics format with an embedded nft.
what's the actual use of it if it needs to be centralized anyway? why is it better than simply having a registered document in your name?
it seems like a lot of people, tbh.
it's not just a jpeg, it is everything owning the jpeg gets you. they're more like community membership cards than they are art for arts sake. at least most pfp collections, the 1. the community membership stuff gets you access to private events, private thiscord chats, priority access to other projects, etc. bayc owners were essentially airdropped -40k worth of additional nfts simply for owning a bored ape. the reason people value them is not just for the jpeg, though the jpegs make it a helluva lot of fun.
all ownership is unenforceable unless you enforce it.
> in a perfect scenario, blockchain technology would prevent what op shows is happening lol lol.
> nfts are supposed to be how you validate property how? everybody can mint nfts of every image. we could technically have millions of nfts of each file each a single nft. which one is the authentic, the real, one? we already have ways to validate property: property rights and copyright.
it is very hard. if you looked at the os pieces, none have actually found a buyer. this is no different than someone copying the image on deviantart and posting it on their own site. these assholes are just trying to create headlines.
this dude speaks the truth ^. the hysteria around copyminting is way overblown. it's an issue for sure, but the sheer volume of nft art that is been minted, especially on low fee chains, makes it largely a buyers market. that means people can (and do) get very choosey with how they spend their crypto, and usually would not buy something without doing a bit of due diligence on the artist first.
make sure the nft originated from the artists address. the artist could post their address on their website.
> code is law. the law thisagrees with you. > law does not and cannot apply. you are very wrong. > what is the "artist" going to do, sue a blockchain address? no. you go after the person. i agree that is not possible if they are anonymous. the law and policing the law are different things. > try and force the ethereum developers to fork the blockchain didn't they already so that? joking, but seriously, you're missing the point. no one cares who owns the nft. they'll just go after damages if the person can be identified. > it represents ownership because the community agrees it represents ownership. only ownership of signed memorabilia. it's not copyright ownership. the law is very strict about contacts. > i have the receipt to a piece of digital art, and the "artist" no, you have an autographed copy. really, what it is like is me printing a picasso, signing it and selling it. have i broken any law? probably not. does the buyer have any rights over the original? no. > what you do not understand is the blockchain is beyond and above analog concepts of ownership. no it is not. in a civil court a judge with still make the final decision. > just like written deeds to land ... where it can be shown that both parties made an agreement, and had the right to make said agreement. it's a nice view into what the future could be but currently your views do not align with what the law is.
> this is the digital world. code is law. analog law does not and cannot apply. what is the "artist" going to do, sue a blockchain address? try and force the ethereum developers to fork the blockchain and give them ownership of "their" nft? what are you even talking about? code isn’t law, we’re not living inside a computer program you lunatic. law is law, precedent is law, not blockchain. the courts won’t throw up their hands and give up, they’ll just undermine the whole concept of nfts as a legally recognized way of conveying ownership. > it represents ownership because the community agrees it represents ownership. if the public blockchain that everyone in the community follows shows i have the receipt to a piece of digital art, and the "artist" complaining about "theft" cannot show the receipt and has no proof they ever created or owned the piece of art, who's going to win? again, this is bullshit. ownership isn’t what we all agree to, it’s defined by centuries of law going back to british common law. there’s no reason to believe the american legal system is ready or willing to adopt nfts as a way of recognizing legal ownership. this is all a mastabatory fantasy. > nfts are an objective, universal, proof of ownership. as economy 2.0 ramps up every piece of digital art will be tradable and come with a receipt. and if some "artists" do not get the memo and lose the rights to their past digital work, well, omelets and eggs. lol just lol. you’re a raving lunatic. i’m gonna set up an nft and claim mickey mouse and disney gonna be fucked.
i thisagree. i think gamers have some of the lowest standards of all consumers. so, i think a lot of companies make essentially free money by saving certain things for microtransactions. sometimes that involves things they initially promised for the game making their way into paid dlc, which means you cannot have the game they advertised to the public until a year has passed, and you've paid another twenty bucks per dlc, or another sixty for the season pass. people just buy these games and plonk down for the dlc every fucking time. also, there is the fact that rockstar makes nearly a billion dollars a year on shark cards for a clunky online game that came out eight years ago and is no longer available on the initial launch consoles. i would not even get into the terrible grimdark dystopian bullshit that is lootboxes and ultimate team modes.
yeah, not a license but if the game were an nft, it’d be like physical media. and they’d have an incentive because they could have a royalty built into the smart contract.
gamers != anti nft crowd tho
i’m not saying put nfts into the game, i’m saying the game would be an nft.
i love how much people are willing to shut themselves off from things in life and restrict access to fun because they thisagree with something so trivial. absolutely blows my mind.
nfts would mean you actually own it on a decentralized network, and could manage your asset accordingly
why the fuck would you lmfao? unless you're thisposing of old shit (which a lot of beggars will take and even send you the trade offer prepopulated with the 1 cent items) then there is no reason to bundle. if something is worth a lot it will sell on its own merit for its own price. we're not scalping pc parts we're selling individual cosmetic or game-affecting items
yes, i know, that is why i said it is beneficial for gamers
true ownership, as opposed to just having the item on the game devs servers without any way to sell them for real money or way to transfer them to other players. nfts would make both these things super easy to implement.
they enable secondary marketplaces that do not necessarily need to be controlled by game publishers. this would allow you an easy way to trade items across games and not be locked into a platform like steam to be able to trade items. maybe you're tired of playing fortnite but have a ton of skins there, instead of being locked in you'd be able to either sell them or trade them for items in a new game you're actually interested in. a lot of gamers do not seem to realize how much more agency this gives them in relation to game publishers. it's more options instead of less.
the only system close to it is steam. currently most normie aaa games exist to drain your wallet and then toss you out the ride when the next game comes out. steam at least has an economy which makes a game have more staying power but 2k. a fully decentralized market like this would aid in facilitating this instead of getting ever more closed in on a single game, a single dlc, a single character and then poof all gone by the next.
i do not want all game items, it is that simple.
in theory? probably little. in practice? name one game that incorporates real money mechanics where the money is usd and not an erc-20 token. there are benefits to using a token. the two main ones being it is easier to not break the law when you use a currency that is less regulated and it is a lot easier for me to make a bet with someone in senegal when i use a common currency instead of betting my usd against his franc.
you play axie infinity. i think you have some idea.
oh look an idiot
the whole premise of nfts is to be able to track the creation and all exchanges of the nft. really simple for the artist to mint without even paying just to have it in their personal collection for proof. then if they really need to prove it they can officially mint it on l1 for it to be tradable the problem is when someone gets to it before the artist. and dw nfts are soon going to ubiquitous so artists posting online might even have nfts automatically made and tied to their name before long you know the internet allowed for a lot of piracy and i believe as do all anti-nft people in this thread that yes we should have never created the internet because some bad people did some bad things with it. ('all people broken)
sure, for now that’s still an issue. but in the future, it will be far less of a problem. first of all, because a true nft is a hash of the image data, we can prove that a particular image corresponds to a particular nft. that’s the obvious part that everyone knows. second, we can easily verify the real content creator, and they can make their content-creation eth wallet publicly known, and then we can simply look at the blockchain and check whether the nft was originally minted from that wallet. from that point onward, it’s a social canon thing. a more obvious version of this is when someone mints an nft on ethereum, and someone else mints another nft of the same content on solana or tezos. if we can verify that the content creator intended to mint on ethereum, then that nft will be exponentially more valuable than the solana or tezos versions. the market will sort it out automatically. in your example, it’s the same concept, but slightly more difficult to identify the original. but as long as it’s *possible* to identify the original, then the original will always have far more value, even if the other versions are allowed to exist. then, at the end of the day, it all comes down to the user application layer (twitter is a good example here), which can quickly and easily identify the original nft and exalt that one as “official,” while still letting other modified versions exist. and just like deviantart did, they can use machine learning algorithms to identify similar content, and filter out the duplicates if that’s the route they want to take.
will that help me create some nfts? i bet they would be worth some money with a little honest to goodness smear on em...
what if we arrested the hacker known as 4chan, and then removed headphone jacks from computers?
imagine if i have a piece of paper. it says that i own the mona lisa in the louvre even though i do not legally. i sell it to you for . you turn around and sell it to bob for . he crosses off your name and writes his own. none of us own the mona lisa legally. we cannot sell the mona lisa nor can we put copies of it on t-shirts or other media and sell those either. all we're doing with nfts is saying we own the mona lisa. we could do the same with saying we own a grocery store, or a green toyota prius with license plate 591ojl, or an oxygen bar employee at the mall named ted who has a streak of neon orange hair. we do not own any of it, all we're doing is passing around a digital piece of paper that says we do.
an nft is nothing more than a digital receipt that you can sell to other people. you do not actually own or control the item listed on the nft in any way. they're vaguely like baseball cards. if you own a baseball card of a player, you do not own the player, just a piece of cardboard with their picture.
a long read, hope it helps you gain an understanding, sorry if it is late. a big part of the value of nfts is when they are used to guarantee the rights to something. in this case, the nfts should be worthless because they are from a fraudulent source. of course speculation means at least one person wants this, it is nice art and they do not know who made it. provenance is a very big thing in the traditional art world for this reason. this is because there is little regulation, and a lot of different markets which can be made and contributed to by literally anyone. this goes against the whole point because they should be universally recognised and authenticated. nfts do not have to represent digital art, they can be used to tokenize (digitally represent) literally anything and make sale practically frictionless. take for example a seat ticket as one real world use of nfts. current systems leave customers with no recourse when a scalper sells either fake or used tickets. when each ticket is represented and a record is kept of which is sold and when, this is impossible. furthermore, the resale market in general is an absolute scourge in such industries, using nfts for ticketing allowing the seller to control price and prevent price gouging. another example is dovu, tokenizing the carbon sequestering attributes of a particular piece of land - calculating exactly how much carbon a farm absorbs over a certain time - and allowing those who own it to sell this positive environmental impact to companies that want to compensate for pollution they can not otherwise eliminate from their business. the proceeds of these sales go to the landowners, people who have been using sustainable practices to help the environment for centuries and were only compensated by their harvests in the past. it also economically incentives sustainable practices, a massive cause of pollution is logging. now there is a reason for a poor farmer not to do these, many at the moment simply do not have choice. going back to artists, they have a lot to gain from proper adoption of nfts, which will be instrumental in empowering independent creators by guarantying them full control over the rights to their work. an artist can sell a piece to someone early in their career only for it to appreciate massively in value before being resold. they have a right to some of the value gained imo, and nfts allow just that. they can in effect sell a unique 'digital print', represented as an nft on a distributed ledger (the core of how crypto works, a shared database of information which everyone can see and contribute too, that cannot be edited once written) shows itself to be absolutely authentic - you can view the image, copy and paste it, whatever, but you do not own it unless the ledger says so, and you cannot copy it on the ledger either.
the nft **token** is still there, it just points to a deleted image, making it essentially worthless.
storage on the blockchain is [expensive.]( most if not all nfts point to a location on the net, and if that place goes down, the artwork or whatever is no longer available. the last chart [sums it up]( ) how [ipfs works](
they are receipts with a json object that defines them. sometimes that json data contains the url of the image that it expresses ownership over. that image is held somewhere off the blockchain in most cases to not take up expensive space on the block chain. technically you could encode the picture into the nft using something like base64 image encoding, but space = money.
from the research i've done i found out that most nft's store the image on ipfs. so no, it cannot be removed or reversed.
nfts are essentially just text. in this case, links that point at pictures. blockchain technology is a neat little idea, but this fad is just completely worthless.
if you could start on a perpetual motion machine right after that would be grand
read up on hashing and proof of existence. that's how most of them work.
it's a piece of paper you but that has your name on it and a weblink to a jpeg.
blockchains are not made to store large data, that is why the actual files are hosted on something centralised.
it's more like the marketplace where the nfts are trading has decided not to show this image or return it in search results. a different marketplace could decide not to penalize these plagiarized items.
no. assets like images can be stored on chain also. these images are probably still on ipfs and the nfts were just delisted from whatever website was selling them. it's like ebay banning your product from being listed on their site. people here have a bias against nfts. look for your information elsewhere.
[you can ask the ceo of ubisoft. well, he invested millions in bringing nft to their games he must now what they are.]( > *when guillemot was pressed for details about what new types of gameplay nfts and blockchain technology would make possible, sources told kotaku the ceo didn’t really provide any. instead he spoke more broadly about how concepts like the metaverse would allow players to build and sell virtual houses, and have agency in the game creation process itself.*
yes, an nft is a receipt that points to a url. so your receipt is permanent but what it points to can thisappear.
depends on the nft's, this is part of the reasons i prefer on chain nft's like aw0k3n algorithms. when you buy those, the art is part of the token
it’s just overvalued pixelated shit that you won’t be able to enjoy once your device runs out of battery!
here ya go buddy
just sign up on thiscord and get free ones. i would never in 1 million years pay for one lmao
"an nft" is a serial number. in order to know more about it, you need to know what the nft is attached to. some are like baseball cards where their value is more in being a collectible (creator does not grant rights to the intellectual property in it, but you get social benefits from "being in the club" of owners). some are fine art (where the graphic is the key thing bringing it value, and if it were lost it would be a significant value loss). some are game assets (where they do something in a specific game, and have additional value to users wanting to use that utility). there's many groups experimenting with this technology now, so there is a few common threads, but lots of variability in what you "get" when you buy one.
yes, the assets of an nft are not stored on the chain as this would be expensive
unless you want to launder money do not bother with nfts
despite what some people on here think of nfts if you're truly trying to understand them i might be able to help. the way people talk about nfts right now is mostly shitting on them because "you only own a digital receipt of a jpg of a monkey. you do not even own the original image." yes, that is true. however, this is one very simple function that an nft can provide. it's like saying your smart phone is a calculator and nothing more. i like using video games as a great example for nfts. let's say call of duty implemented nfts. most people in the mindset of "nft is monkey.jpg" will probably assume that an nft in call of duty would be an exclusive weapon skin that people pay money for. but a much better use would be for the gun and attachments themselves. a pistol with no attachments would not be as powerful as an ar with full attachments like scope, barrel, silencer, etc. so people pay more for a better gun. the gun itself is an nft that you can buy and sell and actually has a use. it's an asset built on a blockchain and much more than just a simple picture that someone can mint
serialization, that’s all it is
they are stupid that’s about all you need to know.
it's a useless tech meant to try and give artists a way to get money... which will still never happen. since the space has to get regulated anyways so all that money will still be spent towards 3rs parties hahahahhahaha.
they do not work. not for anything useful anyway. think of them like invisble, more expensive beanie babies that are also killing the planet.
they're a scam. if you read something and think "that cannot be right, that is ridiculous" well, it is right. they're legitimately that dumb
don't bother learning it is stupid
no thats not true at all wtf 😂
they dont its a circus
trying to find the physical sources from a printed document from 20 years ago probably also lead to the real world equivalent of 404 errors, or digging in microfiche boxes...
that's why nfts typically use storage solutions like ipfs and not a single domain.
this is one of the better articles i’ve found that aided my understanding of nfts and key differences in url-based file storage vs. content-addressable storage (cas). “think of it like this. whereas traditional urls are like telling someone to watch a specific movie at a specific theater (ex: go watch the godfather playing at amc), content-addressable storage is like telling someone to just watch that movie in general (ex: go watch the godfather). the former requires permission from amc; the latter simply requires the movie to exist, with the understanding that anyone who watches the godfather anywhere will be seeing the same exact content.”
don’t know why you’re getting downvoted, this is the correct answer, yes you can host the content on web2 links, and then eceb change the content at the end of that link, but if you use ipfs, arweave, or filecoin it is more of a “pure” nft because it cannot be change and the link
to add to this, there is also a whole genre of "on-chain" nfts (probably originally started by autoglyphs) that use svg or javascript to permanently encode the artwork onto the blockchain. nft is a revolution for generative art in particular.
didnt filecoin have some big issue last year?
when i said "points to" i implied a url
wait, so how do people delete stuff from ipfs?
yes, the nft is always on the blockchain as long as it is updated. in this case the marketplaces delisted it, but my point is the picture, which is not feasible to be stored on the eth blockchain can be removed
ikr, i cannot wait to duplicate other nfts and upload them decentralized and mint them myself. free nfts and i even have the receipt that i own it
i mean how many handies are we talking about? multiple at once? are we hot swapping? what about the dick to floor ratio?
wow, what service! say, can i get a buy-one-get-one-free on btc?
blockchain: it’s what plants crave.
a block on the blockchain has to be relatively small, a high res image file would be almost impossible to have since every computer that runs a node would have to download every image on the chain. also this would be a bad idea, since once it is in the blockchain it cannot be deleted (eg. cp could not be deleted).
now you know why we keep calling people who buy nfts morons. art nfts are scams, and destroying the network and credibility of crypto as a whole.
right!? i've had so many friends come tell me about nft's (mostly because i've been telling them about bitcoin since 2010) and i'm like, do you even understand how these work? have you read a ***technical*** whitepaper (not a marketing one). have you read and inspected the source code?! of course not, because the project is not even fully open source. can you find any real value? no?! then i do not want you wasting my time with it. at least with garbage stocks in the 1920's you could have wiped your ass with them. in the 2020's all you are doing is wasting electricity and time (and probably giving a bunch of unknown parties a ton of information about you). no thanks. the whole point of blockchain is to maintain public, cryptographically secured, thistributed information that is not fungible. if all that is being done is a link to something hosted on the traditional internet, where is the value? i also think it is a mistake for this artist to remove their work. they should lean into it for marketing. i'm a photographer and have a traditional 35 mm film camera and a dslr. i use my dslr to frame my shots and to determine good aperture and exposure settings given the sensitivity of my film, and then use a lot less film for things like bracketing. this leaves me with digital copies of all of my work, but i retain the negative. a truly unique and irreplaceable artifact of my work. i also retain the raw file. when i finally do start publishing my work after i've built up a few years worth of photos to publish, i can generate cryptographically signed jpegs of the raw photo so every single photo has a signature. i can keep records of release for each jpeg and track how my photos get shared. this gives me a ton of interesting data about my audience and work. my plan (if there is even enough interest) is to then encrypt my raw files and allow people to mine for pixels, giving them ip ownership of that part of the photo (essentially owning a share in the ip). at the end of all that, i can then auction my negative created prints (which would also be signed and serialized). my descendants will inherit my negatives.
you're literally paying for a url on a centralized server lol.
nope. the concept of "owning your art" is a misconception at best, a lie at worst. nfts do have a usecase, however in my opinion it is no different than buying a skin in a video game. devs can make changes if they want (let us say that skin is more than just cosmetic, it has a % boost and they nerf it), and you're relying on the game to be alive for your skin to be worth anything.
i do not know what that is but if you paid 6 figures i hope they save enough to keep the server running.
it's ok bro, i've got it copy pasted to my ssd if you need a copy. there's also always that piratebay site for nft's 😂
so basically like a receipt that walmart gives me
strong ape can’t quote
maybe it is just me, but does not a centralized authority determining which tokens to blacklist seems to go against the larger concept of a decentralized ledger?
we did it booooois it got removed
yeah, i hear ya. but building in the code for auto-checking would be pretty straightforward. personally, i would be performing my own dd before dropping funds on anything like that. caveat emptor...
you can literally goto google.com and bing.com and click on "images" and you can drop in the url of an image or just drag and drop a jpg from your hard drive or phone into it and search.
but each could have a unique serial #. the possibilities are endless.
it is in its infancy, and there are a lot of very powerful people that are extremely motivated for nfts not to happen. forgeries, counterfeiting, music labels, auction houses and the entire stock market relies on the fungability of stocks, bonds, futures contracts, commodities. it is the only way they can rehypothecate assets and claim they weren't flooding markets with fraudulent ious in a giant game of musical chairs. imagine if individual artists could immediately nft their music, samples, art, 3d models, etc. and then get paid each time those assets were used commercially or if another user wanted to purchase rights? did you know that when gas prices went to like , there was more supply than ever? but there were like 11 barrels of oil trading in futures contracts between goldman and others for every 1 barrel of oil actually in existence? and that they could trade with each other and raise the $? they paid a fine, i'm sure, but that is just them leaving a tip in the doorman's pocket as they head to the valet. nfts change the game.
not at all. even in web3, we will absolutely still need centralized companies and organizations. decentralization is just an alternative way of doing things, not a replacement. better for some things, not for others.
the only reason for kyc is taxation. and governments are a good argument for why we need crypto.
no, it devolves back into centralized services owning 90% of the assets . have you woke pricks infiltrated all of the subs? like wtf even is this shit?
every artist that has produced a legit nft based art product would thisagree. you’re only getting the opinions of a biased set of individuals with zero experience or understanding of the amazing opportunities this has created for entrepreneurs. is it for everyone? no. but dont throw the baby out with the bathwater. it is merely another (new) option available for people to use. if you personally dont like it - dont use it. but dont go online and spew a bunch of nonsense, or pricks like me will come and call you out.
not really better, but digital and safe since it cant be duplicated
nah, they fell for the marketing from some guys wanting to rip their money off for pixel art worth 5k in sum, while one jpeg then will be sold to them for 2k and they do not even know if it will be worth that much later on. the nft market wouldnt be so illiquid if many people want to have them.
no. ownership is enforceable when there is a way to enforce it, whether you choose to enforce it or not. right now, there is no way to enforce the ownership of a jpeg, no matter how much you'd want to.
it’s analogous to your neighbour taking a picture of the mona lisa, printing a portrait sized copy, and selling it off to your other idiot neighbour as an authentic.
art thieves have been making money from print on demand shirts, mugs, and mousepads for years. that's probably still a much bigger revenue source than nfts, but it is not interesting news.
that does not seem like a very forgery-proof verification system
even if you had to buy a game and season pass, you would essentially be paying what a game cost in 1990. it's kind of a scummy business practice, but on the other hand it is literally game devs having to resort to tricks to get gamers to pay for the cost of developing a video game. they literally cannot afford to deliver a full aaa quality game at . video game devs are not that well paid compared to their peers, and 90% of studios are not printing money. many of them are a few bad releases away from insolvency, which is part of the reason we have ended up with a few large corporations controlling most of the former small-medium size game studios as imprints, which is how these shady monetization strategies make their way into beloved franchises from studios that were highly regarded before they ran out of money and were acquired by a soulless corporation. it's a hell of our own making.
that incentive is not large enough to overcome the lost sales of new copies that would be cannibalized by the secondary market. no game maker would take this approach over a simple thiscount. nfts are an over-engineered solution for problems that don’t exist. not being able to resell digital goods isn’t a problem. it’s just something consumers would like because when don’t consumers like free benefits?
one of the big reasons digital games grew so quickly is because they prevent third-party sales. why would game publishers go out of their way to implement a system that makes them less money?
what would be the purpose of an nft except to restrict access to something(graphical, gameplay or otherwise)?
that didn’t answer my question at all. could you please try answer again?
because you can sell those other items at jacked up prices because the 1 item people want has such a huge demand for it they’d be willing to pay for everything at the same time? exactly like is done now without nfts except with even more demand for that single item
if it is not in some way beneficial to publishers, it is not going to happen.
couldn’t that issue be solved by having an in-game token that isn’t on the blockchain? i can’t name a game with these features, but i still don’t see how the blockchain or nfts allow for it in a way that current systems don’t.
i dont. i was curious so i was checking the sub. so what are nfts?
what is stopping any scammer from mining another nft pointing to a copy of the same art? the problem is that opensea is not policing their platform.
> we can easily verify the real content creator no you cannot, that was the entire problem all along. when you solve a problem you do not get to write out "step 1: start with the problem solved already somehow. step 2: ..." > they can make their content-creation eth wallet publicly known, and then we can simply look at the blockchain and check whether the nft was originally minted from that wallet. we started with the issue "artists lying about what's theirs". how are you thinking that "oh just trust the 'artist' that it is theirs because it is on a website" is an answer to that...? nobody can lie on the internet! > as long as it’s possible to identify the original it is not, not algorithmically. which is why nfts are a stupid concept. sure you can still trust someone, and often you should. i'm not saying trust does not ever work. just that nfts add nothing to the equation since they do not remove trust any more than the old methods. if every time i have to trace back, i end up needing to just trust that the original source was the actual author, and not an impostor or a thief, with no special mathematical guarantees at all added here, then i may as well just trust things like signatures and well known thistributors and call it a day, like we did before
it's more like a piece of paper saying you own a base all card of a player. someone said you own the card but todd has it. or it is like how you can buy a star
yeah, most of the nft space is basically just trading cards. the tech will go forward but most of these nft projects will be completely dead.
except its closer to taking a picture with a baseball player. sure someone could buy it, but they could also buy the 1,000 copies you print for the same price too...
it's like shares in a company (vaguely) if the company does not exist any more then the shares are worthless...
at least you own the picture. with nfts you just get a link to the picture, which may or may not still be there tomorrow. of course you can download the picture, but you can do the same without the nft.
goddam. that's the best explanation i've read. thank you!
but to copy a card is harder than just right click and save
honestly i think nft's are great for what exactly you said. digital proofs of purchases and ownership. for that they are great. to own digital art seems pretty damn stupid though.
the major difference is you do not own the cardboard with an nft, or the picture. i'd say a better analogy would be buying a baseball card, selling your friend the receipt from the purchase, and now that friend can use that receipt to come over to your house and have permission to look at the card. oh and you can move the card at any time, making the receipt useless.
another wildly ignorant take. nfts allow for trust-less, infallible, and immutable ownership over any asset you own. it’s nothing like your silly baseball card example.
>if you own a baseball card of a player, you do not own the player ... wait what??...
this is not true for all nfts.
do you get 28 days to bring it back for a refund or an exchange if it doesn’t fit?
i kinda agree and thisagree with this, i guess. i bought a music nft a while back, and i do own it in the sense that they cannot repossess it from me. i do not own the artist or the music on the nft, but it is kinda the same as buying an album from a store, only a little more rare because only 1 million of them were made and you cannot get that particular album any other way.
sounds like it may work in an online video game. gives an official avenue for players to sell items to other players for resale value versus the black market where a company does not allow such sales and gives no official support. it would be the next step from micro-transactions.
how? on fantom paintswap i upload my digital art (3-10mb) and i can sell that
true for the whole picture thing but some nfts are fully on chain like aavegotchis. imho as it should be.
what's the market cap of baseball cards? how's the liquidity? i think i just found my next investment.
so they don’t own the minatour.
which is why they are perfect for licensing such as software and video games
i have an nft that also has a physical component. it's the neon wasteland nft and each has an ar reactive physical card they send you. i kind of just bought it because it was the only nft i've ever seen that a) had a physical component b) actually looks cool enough to justify spending a few hundred bucks on. ill probably never sell it for a profit, and trying to sell an nft with a physical component is probably going to be a nightmare in and of itself. but it is a piece of history and honestly it is by far still the coolest nft i've ever seen to date so i do not regret the purchase at all.
that’s a good way of putting it
at least with a baseball card you own a piece of cardboard . . .
yes exactly, you do not own anything real. it's just the record of ownership.
just like most art. someone else mentioned the use of freeports, where most art nowadays you don’t even own, you simply get a receipt for it, that allows you to view the art at a freeport. it allows the rich to skirt taxes that way, so nft’s are just real art in digital form, a way for the crypto rich to skirt tax laws by not allowing a taxable event (the conversion of crypto to fiat).
this is not true. things like crypto kitties you own and control,trade. they can be more then a picture haha
nonsense. the image itself is intellectual property and the player always owns their likeness and the use thereof. law bro, check it out.
that is one use of them, yes. they are wildly more useful than just reciepts
sorry for all the replys. i felt this was the best way to adress these points and easier for you (or someone else) to thiscuss. thank you for taking the time to write all of this up! i'll switch over to the reddit app and gift you a few moons ;)
so basically when you buy a nft you need to trust the seller that the content he sold is actually his and its stored somewhere safe...
aka an nft token would be called a pointer in some programming languages
thank you this is really interesting! 22 million to store a gb on the bitcoin blockchain lol... i wonder if this is something you can actually do (i mean apart from transaction data). thank you for this ressource! will definitely look into that ipfs! 100 bucks to store a gb *indefinitely* for 50 years does not sound to bad!
most nfts do not use ipfs and even if they did, it is not a permanent solution. there have been instances of nft using ipfs no longer being accessible.
ipfs... man i really need to make a todo list for all the things i still need to learn about...
the problem with ipfs is if no one is requesting the file it will go to garbage collection and be removed. there are external services that will continue requesting a file so it will be available but without those 3rd party services there is a lot of dead content on ipfs edit: you can run your own ipfs node, just to host your files but you are back to a single point of failure
ipfs is a thistribution network, not a persistence network. the moment nobody pins the content anymore, it stops being available. quite easy to do if only a single person was ever pining it.
well, until ipfs ceases to exist...
“we obey the laws of thermodynamics in this house” - homer simpson
so kotaku, or at least their sources, did not understand that guillemot gave a real answer and decided to instead believe that the real answer was actually glossed-over ignorance based on their own ignorance. i'm not sure what exactly he said or what is actual level of knowledge is, but it is certainly higher than the people kotaku is using to write about it from what you can gather from the article. it's annoying when outlets like kotaku use criticism of game economics to make things sound bad for clicks, totally ignoring plausible upsides.
thank you for the reply! makes it easier to learn about them when you already know some basics :)
cardano has a number of "on chain" projects now. the vast majority are still just ipfs images tho.
they are mostly stored on the ipfs right? that's what i just learned :) ...gotta look up this ipfs...
but why? why cannot activision just store the fact that you have the gun in their database? you are still using a central authority even with nft for the game itself. is it really a problem that you do not literally own it? besides it is also going to be the usual nft thing with owning the receipt or some unique id corresponding to the gun in the games database. the reason stuff like guns etc are not sold and bought much today has nothing to do with nfts. it's simply due to the lack of systems for trade and that even when you can its often a bannable offense. or in steams case where you can only sell it for steam currency. the uniqueness of the gun which nft provide is also close to useless. no-one is going care about if they got random guy as or random guy bs gun. the only time it matters is if said gun was involved in a special event or used by a pro. the only value a random gun is going to have is it is functional value or the value of it is skin, which is exactly how it is today if you could sell it.
so, it is combined with another plague on humanity: pay to win?
thank you for this analogy! this makes a lot of sense!
that's the reason behind things like the library of congress, archive.org, and similar projects.
cut paste and we have it back now 😂
i'm at work rn so i gotta look into this coin later... but i wanted to hop on quick and say tyvm! i appreciate that :)
they do not. it's thistributed and decentralized.
the picture is entirely secondary. the token is the pertinent item. granted obviously the pictures have to do with price, but that’s more a reflection of metadata and subsequent rarity. not to mention, there are plenty of nfts that are entirely on chain. it’s an entire genre, essentially - and becoming more common. then you have any nft with genuine use case. these nfts are backed up by the platform- whatever. they have utility further than what you’re seeing on os, and again, the token is what matters - not what the cover looks like. people who talk about nfts being right click saved, or being just a receipt of a picture are quite literally clueless. it’s a whooole lot more than that.
can i get do not-buy-one-get-one-free?
here's your bacon tomato coin burger
there is in fact already cp on the bitcoin blockchain
that all makes sense especially the cp part but man does it make nfts seem even more like a money laundering scam now
that sounds really cool!
absolutely. they just happened to be the most usable thing out there when the masses came, and the masses care more about profit and usability than decentralisation. also, delisting on opensea does not mean that the nft is gone, it just makes it harder to find. like google removing streaming sites from their search results.
if i'm ever gonna spend money for art, it is gonna be for something to hang on my wall without having to print it out first.
a smart contract can’t do that rn. a person buying an nft should do that.
how do we effectively do this? how do we retroactively protect others that are not part of the digital currency. what this artist expereienced is theft so we need an automated solution. perhaps this can be a an isssue resolved with web3
>did you know that when gas prices went to like , there was more supply than ever? but there were like 11 barrels of oil trading in futures contracts between goldman and others for every 1 barrel of oil actually in existence? and that they could trade with each other and raise the $? they paid a fine, i'm sure, but that is just them leaving a tip in the doorman's pocket as they head to the valet. doesn't this already happen with nft's, though?
that was always the future of crypto. if we don’t regulate ourselves, and we won’t, someone will. sure, we could go back underground and hide on the “darkweb”. but there goes the hope of mainstream crypto. it reminds me of the comics code authority. congress was going to regulate comic books, so the major comic book publishers stepped in to create their own regulating body. this satisfied the government and they moved on. all the major exchanges should do the same thing. as it stands right now, crypto enthusiasts are their own worst enemy.
i do not understand how support for kyc means you're "woke" or how you determine someone is "woke prick" because they said kyc was not bad.
yeah adding kyc sounds fucking awful and it is weird to see it supported on this sub
as long as private ownership is a thing, someone can own 90% of things. that's why cryptos decentralization is bullcrap, because one guy could buy 90% of the shitcoins.
but it can be duplicated in every meaningful way.
fake internet money indeed.
it's not about *the* jpeg. it's about ownership of the jpeg.
yep pretty much. so much value in art comes from the reputation of the artist behind the art. without strong evidence that an artist in question actually produced a piece of art, it is basically worth nothing.
that point annoys me. the same people who write off the entire nft market because of this still use redbubble which is home for thousands of stolen prints that actually sell and take profits straight out their pocket (unlike random nft uploads) because a lot of these people sell tshirts and stickers and shit. but they do not care because they are making money on that website.
well you'll have to phone the artist then and ask them to read the address over the phone. how else are you going to do it?
if they sold it in a bundle you'd at least own it and if there was a specific item that was the main reason to buy the bundle it would hold higher price than the others. eventually, if the bundle is not sold anymore, it would actually increase in price if the game would still continue to grow and also the demand for that specific item. you can also not buy the bundle and buy the item in the marketplace by itself but that does not stop the company from selling it in bundles, but at least you can have the option of putting it into the marketplace or buying it out of the bundle
nah. you've never done any trading of nfts or on any steam game clearly. please do not write in caps to make a word feel truer to yourself.
they can make the game beneficial for publishers in other ways than exploiting the community for untradeable items making the community happier and the game with a better ecosystem may be more profitable in the long term.
produce a market that they cannot avoid without being laggards themselves.
>couldn’t that issue be solved by having an in-game token that isn’t on the blockchain? sure, but then you'd have to make sure the in game token is not fungible, and also make a ledger to ensure nobody dupes or steals tokens, then you'd have to either find a public exchange that sells game tokens that do not use blockchain technology (afaik none exist), make one yourself, or establish your game company as a bank which buys and sells these tokens in every denomination of currency imaginable directly between consumers. this is all perfectly fine, but it makes no logical sense to do all that when simple coding an erc-20 token on an established blockchain provides the same, if not more functionality for significantly less effort and resources. >i can’t name a game with these features, but i still don’t see how the blockchain or nfts allow for it in a way that current systems don’t. i guess, if you cannot name a game that does it, i do not know what current systems you're talking about. if nobody has developed a game with rmt or in game betting built into it, then nobody has built a system that facilitates those things, either. can it be done? sure, probably. but as mentioned before, there is no advantage to doing so.
>all online casinos. technically, yes, but not a very good example. a lot of online casinos are just video slots where the transaction is limited to the user and the developer. the online casinos that do have p2p gambling have to keep a large amount of capital on hand to pay people their winnings when they cash in their tokens. with crypto, you can create the coin, release it into the wild, and allow people to use it at your casino. you do not have to act as a bank for every game. you can host a poker table with no personal cost. you do not even have to create a token if you do not want to. you can create a framework that uses an existing token and start your p2p casino with literally no capital. >bingo. what you're talking about is not a technical limitation, game devs choose not to do this due to having to meet money laundering regulations or gambling regulations and having to get a relevant license. yes. hosting a gambling mechanic, especially one that reaches many nations, is sticky. hosting one with a decentralized currency is significantly less sticky. >nfts do not solve any technical issues here, just the possibility to circumvent the laws (and also as you said, an erc20 token would do, so why nfts?). good point. i was using nft as a catch-all term for all tokens. they can absolutely be erc20. >you might as well suggest companies to take payments into anonymous wallets so they can pay less sales tax. (governments hate this one weird trick!) i mean, no. apples to oranges.
if you have axie characters you have nft's. you wouldn't blindly trade that character for another one.
what's stopping me from printing the mona lisa and trying to sell it as real?
how do you think porn content creators get verified on reddit? they don’t seem to have an issue with that. what about how twitter profiles are verified? how do you think that gets done? again, you’re in complete denial that this is possible. also, literally this case in question, the topic of this post, ended with verifying the artist and correcting the issue. so you’re just wrong about this. also, i’m sorry you can’t easily get “verification of literally everything in existence” via trustless mathematical proofs that live in software without any traceable connection to the real world. that was never a guarantee. if you want that, just use worldcoin and get your iris scanned. otherwise, you have to live with some degree of manual human verification, and the inevitable level of trust involved with that. also, regarding the “value added” by nfts… they do add value because, as long as you can verify its origination, you can’t ever have a duplicate that is mis-identified as long as you inspect the blockchain and have any knowledge about the social provenance of the nft. this is not true with, for example, paintings, which can be convincingly forged without any 100% foolproof method of tracing its origination. the nft’s history can be publicly traced for all eternity, and any forgeries are instantly identified as duplicates. you don’t need to hire an art expert to come in and evaluate it to tell which one is the original. it either evaluates to the publicly available hashcode, or it doesn’t.
hold up, are you telling me i do not actually own the fomalhaut star in the eridanus constellaton? grandma really pulled the long con on that gift.
shit, the star example is much better. i'm totally using that in the future.
the star concept is funny on so many levels. it’s not even the same as buying an island. i don’t get why people buy a star lol and even if its rights to name the star, it still doesn’t make sense. some other solar system with an advanced civilisation probably has that same star named a different name so your rights to that star are only valid on earth
so like buying crypto on robinhood? saying you own the paper to the crypto but not actually the crypto?
its kinda sad how so much attention for nft's is given to this dumbass "art" application rather than things that leverage the nft concept in a functional way.
dude, there is an article right there at the top of the page showing you just how easy it is for people to mint nfts for things they do not own. the only thing an nft infalliblly guarantees ownership of is the nft itself. you're right that the baseball card is a bad example because you at least have the baseball card. an nft is more like a piece of paper saying that you own a picture of a certain baseball card.
steam has allowed the trading and selling of digital items long before nfts were ever dreamed of. they're just a solution in search of a problem. digital receipts already exist and nfts do not add anything.
nah i love it, i'm more than happy to thiscuss in general and answer with what i know and this definitely seems like the best way. all good questions too. actually explaining helps my understanding as well so its a win-win i know it is all very wordy and i apologize for that haha. i'm just really glad to actually engage with someone and hopefully provide good food for thought if nothing else. i appreciate it hey, if i can leave you with some advice, since we're here for the money - i think hedera is the best bet for where all the potentials of dlt will be realized by the general public, like i mentioned dovu are building on them but that is one of many usecases that are actually well underway. it's a rabbithole that goes down a long way trust me haha. check out (or my comment history) if you wanna know more, i've been going a bit overboad lately lmfao. let me know if there is anything else i can help with, otherwise, all the best!
yes, that is right.
this is why most nfts store their images on decentralized storage systems like ipfs so there is no single point of failure.
indefinitely for 50 years? this contradicts itself no?
interplanetary file system. there are limits to file size, so you can’t put a high res image into an nft, from my understanding, but you can link to a supplemental external ipfs link where you can store a high res tiff or whatever. so the person buying the nft can have a better resolution copy.
ipfs is still gonna have to go through a few more iterations before it is gonna hit the mainstream. in essence it is decentralized file storage which is incentivized in a sustainable way. or said another way: it attempts to encourage everyone with an internet connection to serve content.
its prolly as likely to go away as bittorent
that joke caused me to laugh harder and longer than anything else in the simpsons.
you are not sure what he said or what his actual level of knowledge is, but he gave a “real answer”? i’m confused with your comment
i somewhat agree with your point on associating guns with an nft seems like an extra and unnecessary step. but opensea jpg nfts are the only real comparison with the digital receipt. an nft is associated with a wallet so even when the game shuts down and the database is wiped you still have that asset in your wallet. it will most likely become useless, but someone else could use that and build a new game on top of it where you can import those same nfts. the uniqueness of a gun may only matter to certain people. but let us say a normal nft gun is (typical price of a base game). there may be thousands. but, there may be really strong weapons with full attachments that go way over the . so if you kill someone equipped with this gun you can pick it up and use it too. i'm going into a bit more about play-to-earn games now but this is where nfts and games really start to make sense. so let us say if you win a game you get crypto at the end of it as a reward. it incentivizes players to get better guns that have more function rather than how cool the gun looks. and on top of that you can have unique skins for meta guns that might sell for a much higher price. there's a lot that nfts can do and they are not going to be limited to jpgs and video games. i just like to show people an example of some other uses if they have an open mind. the video game model is pretty much pay-to-win on steroids in a sense and a lot of people would not like it. but for some it is a really great use for nfts. i'm just really excited for the potential of this part of crypto and i think most people do not see value past pictures unfortunately
you also answered your own question. nfts allow a system of trading outside of the centralised (and likely unsupported) activision servers. the price is what the market dictates
ya, it is certainly not for everyone. but most people in crypto are here to make money. play to earn allows you to do that. if you make money from winning and buy assets that allow you to win more then you make money as well. it's a really hard concept to sell until you start making money from playing games lol. again, it is a lot more complicated than that, but it is an aspect that i actually enjoy
no problem! if you want to look into that space more you should check out axie infinity. it really does a great job highlighting the possibilities of nft specifically in games. a lot of people on this sub hate on nfts but i would suggest doing your own research. i've made plenty of money and had fun despite this sub saying nfts are basically going to kill crypto lmao
sweet as bro 👌
i'm sure nfts have a great future, but am just pointing out the current use of them is quite well... useless since they are only given value by something that is mostly not hosted by the blockchain
best i can offer is if you send me 1 btc and i’ll send you two back. trust me, it’s legit.
nice, can i get some algo with that? i’ve always liked anchovies, lettuce, gorgonzola and onions.
wait, how? bitcoin is not a smart contract chain, and the transactions do not have a memo field, so where would you put the bits for that?
it's just a receipt. just like when you buy a digital game and you get an email receipt that you "own" the game. it's like that but the receipt is verifiable on a blockchain and not just on some central server. i find it pretty cool for collecting cards and such.
that's the secret, that is what it is been all along!
gotta think bigger than jpegs, tho. 3d models and assets can be serialized, securities and other financial instruments will have unique identifiers so they cant be endlessly rehypothecated, music can be tagged with the artist's info and contract info for payment. yeah, you can take a screenshot of a pic, but digital images are the first crawling motion of a new future where rent-seeking buttholes cant extract every penny of value from creative, hardworking poor people.
i bet darkweb nft's are truly horrifying *shudders*
we do self govern. we dont buy garbage. simply listing stolen art shouldnt be as alarmist as op and their ilk cry. no one is buying this shit. its no different than right click saving off deviantart. theres literally 0 damage.
i called them a woke prick because they called everyone who mints nfts a scammer
idk why i come back to reddit. the worst takes on crypto and all of these users baghold utter garbage shitcoins. normie retail is a plague back to thiscord and ct
and then the community can fork the service and build a new network. see the dao hack, as an example. its seizing the means of (digital) production. now i get it… yall are comin on from the front page. usually the misinformed takes here are people buying shitcoin scams. but these are normies who dont understand web3 at all….
not if nobody else can mint on the blockchain than the one giving out the certificates
right... so let us see which parts of that "ownership" can you enforce with an nft: 1. saying that you own it... yes * deciding how it can be used... nope * stopping others from using it... nope * getting an enforcement agency to punish others who use it without your permission... nope current nfts only give you bragging rights, not ownership.
ok that is a joke, right?
the 5% royalty on a 20 dollar sale is much lower than selling your product for 20 dollars. they'd make more money lowering their price to the most common resale value.
well that was a petty response. i’ll use bold or italic next time i suppose. can you explain why i’m wrong? and yes, i have traded nfts before and hold several right now.
how would that be different than without nfts ? if this was such a highly valued feature for consumers then wouldn't at least one company implement it ? how does the blockchain change that ? imo nfts are a cool but usueless technology, there is no real world use for them where using a centralized solution wouldn't just be simpler and more efficient.
could you expand on this? i don’t understand what you’re saying
>sells game tokens that do not use blockchain technology (afaik none exist) i'm referring to in-game tokens that exist in all the games i've played recently (full thisclosure i only started gaming during the pandemic) - eg apex legends, where you buy in-game coins that can be used to buy cosmetics and other things. so these 100% do exist. so why could not they be used for this system of betting that takes out the issue of eg betting with dollars against francs? when i said this: >i can’t name a game with these features, but i still don’t see how the blockchain or nfts allow for it in a way that current systems don’t. i was referring to your question of this: >name one game that incorporates real money mechanics where the money is usd and not an erc-20 token and my response was merely because i do not play that many games so i literally just do not know. surely there is plenty of games that have real money mechanics? then again i'm not actually 100% sure what you're referring to. do you mean play-to-earn mechanics?
what? i have axies characters? where? lmao
nothing, and nft's would not change that. that's my point.
like i said: > **sure you can still trust someone, and often you should. i'm not saying trust does not ever work. just that nfts add nothing** to the equation since they do not remove trust any more than the old methods. the porn companies verify people with normal human version 1.0 trust. not with crypto. the whole point of crypto is replacing trust allowing decentralization. if you have not figured out how to actually do that yet, do not bother adding crypto to something, because it will not yet make any sense. > ended with verifying the artist and correcting the issue. using trust, not the crypto. this is like patching and pumping up a flat tire, and then slapping a garfield sticker on the outside of it and claiming "man good thing i had that sticker!" no... it did not add anything lol, it did not fix any problem, you just fixed it normally and then added a completely unhelpful unnecessary extra step on top. > also, i’m sorry you can’t easily get “verification of literally everything in existence” via trustless mathematical proofs that live in software without any traceable connection to the real world. yeah i know. that's why crypto is inappropriate for like 95% of life. in situations where it is not possible, *just do not use crypto at all*. durr > otherwise, you have to live with some degree of manual human verification yeah, i do. ...,without crypto in those situations. because crypto does not fuckin work in those situations. when you try to jam it in anyway in those situations, it will just waste everyone's time and facilitate dumb scams etc. without helping. like nfts.
that's just step one. now you've got a casus belli you just gotta turn up with an army bigger than whoever else says they own it. badabing badaboom, it is yours.
but your are a lord for the square foot of land you own in scotland…
hate to break it to yaa son, but these old people lied.
yeah the star is a perfect example
fun fact they are not even valid on earth. only the international astronomical society has the right to name stars and they do not sell them on the internet. so basically what you are buying is a database entry from the place you buy it.
> some other solar system with an advanced civilisation probably has that same star named a different name so your rights to that star are only valid on earth it's really a great example because this is what happens when different blockchains with different receipts point to the same picture
i'm one of the people that think nfts in their current state are nothing but a meme, but they definitely have huge potential. i'm in real estate and a blockchain solution for holding a title would be amazing. it could literally make the entire title insurance segment of the real estate industry thisappear.
i'm completely frustrated because the gaming community thinks that this is a scam and it is worthless thanks to this bullshit
like how blockchain is being mostly used for crypto currency.
porn paved the way for internet commerce... all in good time my friend. we'll get there.
you literally went further from the reality. i just explained it to someone else, so… you’re on your own lol.
it’s no different then irl, everyone is only as good as their word. do you know who beeple or banksy are? of course their pieces can reach 10-100k because people know them and respect their work. some joe nobody minting their work might scam a few people but the smart money will know to stay far away. i feel bad for the artist being ripped off for their work but hopefully they are able to see a market hungry fir their work. i hope they are able to monetize on this interest for themselves.
it's my understanding that the only unique thing nfts bring to the table is that it is a digital receipt system whose verification process is necessarily decentralized. reinventing the steam marketplace is not revolutionary, but if it could be replicated in a form that did not require the involvement of valve or any other company or institution, that seems like it could be worth something right?
thank you! i'll do my research on hedera :) sounds very interesting!
how do you know the creator would not delete the image format wherever it is stored once you have bought it ?
does open sea do this? what others do that?
yeah it does. its what the article said though - that they say indefinitely but mean 50 years for now... lol
sounds like something that will be full of child porn and snuff videos.
yes, the reply he gave was a real answer, although it was not written about with enough depth in the article to judge how much of one it is by an informed reader, and so i cannot pass a judgment on his knowledge level. the framing of his response by the writer of the article is meant to imply that it was a not really a response, and the attempt at that implication shows the writer and. hopefully it makes sense now.
items in cs:go, tf2, and dota already have unique id's attached to them. what's the advantage of using a nft over the unique id system in place already? you're not explaining why only nft's can do the reward system you're talking about.
how would nft's that are not supported by activision work in an activision product?
that’s like saying cars are bad because you can go buy a nova. some nfts are trash. some are not.
trust me, i am a blockchain
omg please write your wallet phrase so i can send you the btc rn!
sir, this is the clear net... the onion routers are out back
yeah the trick is having a situation where it makes "the proof of ownership" itself functional. i think that when virtuality/"metaverse"(not fb) develops, nfts as a mechanism for ownership of things in that world, have a lot of promise.
there’s optics to consider. it doesn’t look good and it reinforces the deeply held belief that all of crypto is a scam. and what do you mean we don’t buy shit? that’s like half the market…
nobody is calling people who mint nfts scammers. i mint nfts, i’ve even built an nft swap. the nft image doesn’t even matter because you’re buying the historical ledger that is a unique 160 character hash. the images are just nice thumbnails. a hundred years from now someone will own an nft that was owned by snoop dog. that’s awesome. it’s the optics that matter. the same way pow mining companies piss off environmentalist and game enthusiasts or ethereum’s crazy fees are used by elizabeth warren as evidence of crypto’s corrupt lawlessness, stealing an artist image makes nfts look like money laundering and scams. all these issues combine to create obstacles for mainstream application. blockchain isn’t yours to gatekeep. it’s a gift to the world and should replace every corrupt system it can. but replacing one corrupt system for thousands of decentralized corrupt systems is not the way. there’s nothing wrong with creating a regulating body of nft artist and exchanges that validate transactions. that’s literally what blockchain is all about; peer to peer security.
holy temper tantrum. you're even crying on other subs about this post. go take a xanax or something
you think the entire internet is blockchain or something?
bragging rights in so much as people will rightly think of you as an idiot. bragging about buying nft art is like bragging about losing money or punching yourself in the face.
and it used to take ten thousand bitcoins to buy a pizza.
yes. but the only way to confirm an nft has come from someone is to confirm it was originally sent feom their address. unless you're going to rely on a third party to verify it for you.
lots of economic and marketing geniuses on here i see. my guy, they make 0% royalties on physical media currently, yet they still offer it, don’t they? yeah. nfts are just another way for them to release games like physical media but with an incentive to add royalties for every resell.
ok then and how many did you buy in batches overpaying on the cheap one to get one you liked?
yeah it would be and a company would be implementing it right this moment if it was a highly valued feature. gee i wonder which ☺️
>so why could not they be used for this system of betting that takes out the issue of eg betting with dollars against francs? you could, but you would have to establish some sort of accountability system to prevent things like lost or stolen tokens, fraudulent tokens, or cyber attacks. odds are token systems like the one in apex are not secure enough for betting because they do not need to be currently. the tokens in apex are a one-way transaction, and the things they represent (cosmetics and in game items) are not valuable enough to be a target for malicious actors. if the tokens could be redeemed for real money, they would need to be very safe. erc20 tokens are already very safe. there's also the issue of capital. if a game developer created an in game token that they attached real world value to, which was centralized on their platform, then they would have to always have capital on hand equal to the number of tokens they created. that could be anywhere from a couple thousand dollars to 30 million dollars. if they created a framework that uses a decentralized token, then users could buy and sell the token outside of their platform, and they wouldn't have to keep capital on hand to pay for them. >surely there is plenty of games that have real money mechanics? then again i'm not actually 100% sure what you're referring to. do you mean play-to-earn mechanics? not a lot, actually. some mmos in the past allowed real money trading, but it was usually done by a third party and was not actually verified in game. most real money mechanics are either a third party gray market, or simply a pay to win system where you give the developers money and they give you in game advantages. until nfts, there weren't a lot of play to earn or in game betting mechanics. there certainly weren't any popular ones.
i said if you have axie characters. your post history shows you were at least looking into it.
nfts (not possessive nor "nft is") are literally a trace of origin that is far simpler to prove than something like the mona lisa. imagine how much art has been appreciated later and the author unknown. nfts are just a big church ledger (where they used to record major events) but that cannot be faked or burned down and which can contain infinitely more information.
my last paragraph that i added in an edit basically sums up my view on this. nfts do add value that didn’t exist before. so that’s all there is to thiscuss, i suppose, at least when it comes to art. nfts have value in other domains as well. art isn’t the only place that nfts are used, or will be used in the future. the classic example is real estate. it could easily become a streamlined version of holding a deed to a house. you can’t really “fake” a house. it exists in exactly one location. and if a government decides to only guarantee ownership rights to a person who holds that nft on one specific blockchain, then you have a much better version of what already exists. we can eliminate huge amounts of bureaucracy with that. gaming is another avenue, but we’ve all seen how the reddit mob feels about that, lol. but in any case, nfts are adding value that didn’t exist before. just because you don’t like it doesn’t really make a difference, tbh. if any of these nft jpegs hold any value after 5-10 years, then the market will have given you a precise answer on whether you’re right or wrong. right now it’s telling you you’re wrong. let’s see how that plays out over the long term.
father, tell me the story of how the aliens bought our solar system for , and how our sun got named billy loves sally...
always gotta have some casus belli and a big army, learned that from eu4
so you are a lord in title but not in reality?
>whereas in legitimate nft sales, the creator of the nft hands over the ownership this is rarely ever the case. most nfts sold by artists the artists still retains all of that. sure, they can sell that too but all of the larger sales i’ve seen none of that is actually given up.
looool that is super right! no one has any right to sell a star to someone else :p
the star is a useful analogy but it is not really a complete example. an nft is effectively just a contract. i can write you a contract selling you a piece of art on paper but if i do not own the rights to the work the contract is rather pointless, and that is what is happening here. saying nft's are inherently pointless because they are not the piece is literally the same as saying the contract for a tenancy is pointless as it is not the actual property.
to be fair the only reason the international astronomical society has the right to name stars is because people say so. the internet database people thisagree. personally i feel the only person with the right to name stars is me. i have named them all bob to save time. you may now point at any start and say "that one is called bob"
>only the international astronomical society has the right to name stars according to themselves, lmao. stars are named like everything else, becuase enough people call it that. if we can get enough people calling a star "poopoo peepee" that will be its name and there is literally nothing they can do about it.
titles searches aren’t really a binary yes. you may own something but there’s a lien on it, or a boundary thispute, or civic easements, or complex corporate partial ownership arrangements. title insurance provides some level of assurance that you will get to keep the land you just became owner of.
people are buying nft’s that represent digital real estate in the metaverse or future mmorpg’s. is there risk it will be deemed as securities? probably, but as soon as regulations become clearer a lot of these companies are large enough, well funded and can onboard the regulatory advisors necessary to achieve compliance. as an individual semi anonymous entity i can take all the risks i want but i could see how people working in the industry may have to wait for more clarity.
the whole point of title insurance is to make sure someone actually owns something they say they own. this example shows just how hard it is to prove someone owns something on a blockchain. if nft's cannot verify the provenance of a , how can they prove who owns a ,000 house ? you would almost need an official government blockchain with some kind of control as to who can write things to it, which is a lot more like an excel spreadsheet than a blockchain. the only asset a blockchain can really guaranty is the native token of that blockchain.
check out uniswap v3. fully functional, innovative and incredibly useful application for nfts which has already been operational for months.
i mean if you didnt want it to be seen as a scam you guys should stop doing scam shit with it. the fact is crypto is synonymous with scams.
the amount of good it can do for small creators and developers will be lost because they would not try it, leaving it to people like ubisoft to make it seem awful and only benefit the big guys
they think that because it’s a bullshit scam.
there is a real push in the game dev community right now to capitalize on nfts and i'm super excited for it. i find nfts for art, but i can also see the very real possibilities they can bring into gaming.
honestly man, it’s frustrating that so many people think they know what nft’s are and then only use them in examples of art etc.
ledger based receipt systems already exist.
usually an nft platform stores it and does not allow the creator to delete it unless a valid reason like copyright infringement is presented.
it's usually project by project, not uniform across all of opensea. for the mints that opensea facilitates directly i'm not sure if they use ipfs or not.
it might. you know i hear when we let people drive cars they visit prostitutes and drug dealers.
i'll give this a shot. let's say activision releases call of duty 17: the digisphere, and you buy an nft gun with all the fixings. you play for a while, and decide to sell the gun on the opensea marketplace when you need money for school. that's real cash, not activision bucks. with the profit you make, you're actually able to buy a different gun that works well, and is compatible with cod 17, 18, and call of duty 19: you're the president now. another game you play happens to be an mmo, and everyone is trying to bring down the big bad from the first raid dungeon. by some miracle you are able to get the last hit, and the terrible dragon dies by your +2 rusty sword of tryhardiness. by most definitions it is a terrible sword, but as an nft, it is verifiably a piece of the games history now. that particular brand of sword might be worthless on the market, but that specific sword would be worth much more to a collector all of a sudden.
no one has an established solution for that yet, but it’d likely start with a leading game company proposing a standard way of describing traits and attributes. it wouldn’t make sense for activision to make proprietary nfts because it defeats the whole point— nfts live with the user’s wallet and are inherently portable. otherwise they may as well stick with their centralised store. but yes it will be messy before it gets consistent. much like any new tech
did you forget to read my entire reply?
blockchain, wassup, lookin’ good. can i get your digits?
damn, i thought this was a mcdonald’s, i was trying to find a big mac address.
yeah and now in usable chains you can build contracts that interact with the nfts, so developers can create games based on that verifiable ownership. i really do not like how everyone focuses on ethereum when it is the most useless chain thanks to its ridiculous fees.
well you and anyone that believes that are idiots. we’re pushing forward with or without you. cry all you want. fuckin babies used to getting daddy gensler to protect you from the world. guess what? this is global and impossible to stop. show me all of the stolen art that has liquidity in the market. please.
thank you for your well informed take. i agree, despite our earlier shit slinging on all parts except a regulating body. i believe validation can still be a decentralized consensus. dont think it needs to be extreme as its own protocol like chainlink for oracles, but within the roots of community moderated validation is a likely future development that will make it easier for the general public to stay away from scams to add to that, im not trying to gatekeep. merely entertain myself as we build out these solutions for more mainstream audiences. frankly, what is said now is meaningless — even when it comes to optics. take nuclear for example, its the best option for us, and despite all of the fud over the years, its going to win. the best technology always wins in a capitalist society. will it take longer if people are butthurt about it? probably. but the slope of adoption for web3 is astronomical, so a delay is likely to only be in years opposed to decades. i can wait. if it means these people join the party later — thats on them.
i looked up op’s history to see if they were rampantly fudding. they were. if theres anyone having a temper tantrum. its them lol. im just being ruthless in cutting down bullshit.
no and i do not know why you ask this
nfts are not there yet. right now, even with all the nfts in the world put together, you can enforce exactly nothing. not even a pizza.
so this whole thing is smoke and mirrors built out of a house of cards?
you realize your proposing they allow people to undercut them in exchange for a smaller profit share. why would they do that as opposed to just lowering thier price and taking the whole pie (minus storefronts cut of course) there's no benefit to them, it will reduce their profits. and they do not offer physical resales, they just cannot prevent people from trading physical items. they can prevent the trade of digital items.
you know we’re having a thiscussion about their implementation in games and the advantages they have over current systems right? your question is totally irrelevant to that
well tbh no i do not know which company is doing this, also assuming you're talking about a company implementing it using nfts, why was not it implemented before since this is entirely feasible without the blockchain? did they just not get the idea or is it that nfts are hype and are used to market pretty much anything right now ? let me rephrase it better, is the feature itself driving the use or is the hype being leveraged to make a quick buck ? considering every company right now is trying to use any excuse to get into nfts i would assume it is the latter buy i would love to be proven wrong.
this was a really great response - i really appreciate you taking the time to write it out. you hit on some points i didn’t consider and it’s definitely convinced me that the idea of nfts in games isn’t completely hot air. i’m not totally convinced it’s where i want to see the industry go but i do understand now that there is some specific utility.
thats what i wrote. i was. im still interested on your opinion on what a nft is! :)
> you can’t ever have a duplicate that is mis-identified as long as you inspect the blockchain and have any knowledge about the social provenance of the nft. yes you can because i can just change one pixel and make another nft, and you do not know which one is which or legitimate without applying non-crypto trust again (picking which twitter account is the actual artist in my opinion, with no guarantees or any assistance from the crypto). defeating the whole purpose. if i have to rely on normal human trust anyway, i may as well just trust the art vendor selling it the normal way that they did not accept stolen goods. nft did not add anything in this example. > this is not true with, for example, paintings, which can be convincingly forged without any 100% foolproof method of tracing its origination. if i change some pixels, then i can still sell a forgery. it's simply that the thing i have to forge is a fake twitter account or whatever, instead of the art itself. you merely passed the buck, pushed the forgery back a few spaces, but *there is still a forgery option*, so you did not actually help anything. > any forgeries are instantly identified as duplicates. no, wrong. you can instantly find their origin point, *but then you have to do manual human work and investigation to figure out which origin point is the authentic one, if any* which is not "instant" at all, and not guaranteed at all, and is in fact no easier than the old system. either way i had to at the end of the day apply human investigation, judgment calls, and trust. all therefore a complete waste of time to have added crypto to it. > you cannot really fake a house of course you can, because the house is not what's on the nft, a digital version of the deed is. which like any document, can absolutely be forged or written up by a fake entity. so ultimately, i have to go find the real estate human being who created it, and apply old fashioned *non-crypto-based trust* to believe that they are legit. so the nft added jack shit to the situation, since i already could have just gone and asked a trustworthy real estate agent in the old system anyway.
**welcome to our second predictions tournament!** the first prediction tournament generated many suggestions from users to make the polls more streamlined and avoid unnecessary spam on the front page. the admins took in all of the feedback from trialing communities and modified the ui so that all polls are condensed to one prediction post. clicking on “r” at the top of this post will bring you to the predictions tab where all polls can be viewed individually. **please note the following additional changes:** - while all polls in this tournament are open for voting until 5pm monday pst, not all of the predictions come to term on the same date. carefully read each poll before predicting. - the admins have added a “sneak peak” feature for [reddit premium holders]( that allows them to view how other users are predicting before making their bet. **the prizes for this tournament are:** - 1st place: 500 moons and 1 week of reddit premium - 2nd place: 250 moons - 3rd place: 125 moons *** for those out of the loop you can find the [introductory post here.]( if you are new and have any questions about moons please refer to the [wiki page.]( have fun and good luck!
i'm predicting -% for everything so i win no matter what. either my portfolio goes up or i get more moons
life's obligations have limited my crypto investing so this definitely helps scratch that itch a bit. good luck all! edit: many thanks for the award!
i predict with 100% accuracy that i will not win.
props to the admins! very slick
hope we all make moons this term i’m your well wisher
what do tournament tokens do?
i ran out of tournament tokens because i bet 100 tokens for each question instead of pacing myself. this sounds a lot like the way i invest in crypto, oof.
10% on all since im very bullish on crypto right now
eip 1559 is being implemented on august 4th, where is the 50% button?
awesome, but i’m gonna get every question wrong like i did the last time.
i do not know what the reward is.
what a gambling. we had no money.
i am sorry but am i the only one that thinks dogecoin is just a celebrity shitcoin?
am i missing the "view tournament" link?
*alright time to get the world record on most wrong predictions*
cool! +0-5% for all, i still think it’s going up but slow
why would i pay to participate in this when i already have money on doge?
we should do meme-coin predictions, that’d be fun and much more random
i'm just curious to see if i get even one prediction correct.
10% on nearly all since we are in for a bumby ride!
haha... looking forward to seeing how wrong my predictions were, again! 🤓
love that these tournaments are happening
i’d love an option that says “idgaf” 😂
let the games begin!
depends on how much lord elon presses his thumbs on his miniature keyboard
moon burn ? sounds good for me
this was fun thing to do 😁. not sure what those unicorn things are but send it! 🦄
doge has already peaked my friends. it’s just gonna trade sideways for the rest of the bull run.
funny the other day i was debating someone saying dogecoin was better than bitcoin. i wanted to burst out laughing but i had some dignity for the other person, so times people only learn but hitting a rock with their head.
where is the option "same as bitcon" ?
imho same as bitcoin
thanks for doing this again. happy with the changes which makes it "less forced". it was quite annoying to receive multiple alerts for each prediction post. anyway, let us go!
people actually buy doge?
this seems very fun! lets see what to pick!
oh hells yes !
i wish you all the best of luck, may the moons be with you.
i like the idea of a prediction tournament, but these are all just complete guesswork. especially since a coin could go up or down 10% in a matter of hours, so the period of time is just arbitrary.
not this shit again
one wonders if the price hits, say, exactly 10%, who wins? 🤔 the 5-10 crew or the 10+ crew? lol. there seems to be shared metrics between choices… 🤷🏽‍♂️ just sayin
you forgot the - i couldn’t give a shit i don’t buy meme coins - option.
i have to admit, i don’t give a shit about the price of doge.
ez vote for 10%+ cuz why not
really hope i win i am to lazy to moonfarm 🤫
i predict a btc price of ,000 on friday!
i will guess it will increase, sell my coins then everything will pump as usually. easy moons.
20% down and then recovery
what are “moons” exactly? are they worth something?
there are quite fun! best of luck to everyone!
on the real you less someone famous backs it...i do not see it moving.
i predict 0 of my predictions are correct. and if this is the only prediction of mine that is correct, then this one really is not either.
when you pick the least popular option😭😭
0-5% but i am not joining the tournament
*crystal ball please be right this time.*
good luck everyone !
what can you do with tournament tokens?
where do i protest against the fact that we are not voting on '5-10% green dildos' or '5% red dildos'?
here we go! this should be interesting.
i predict i will do terribly in this tournament!
no one actually cares
what’s happening august 9th
does nanooverbtc get moons for all these posts? isn't that unfair?
shoot i should have chosen -10% that way at least if i'm right i get unicorn tokens or whatever even if i'm losing coins. wait what do these unicorn tokens do anyway?
i'd once again would be a millionaire in 5 years if i wouldn't sell my coins now.
can someone pls give me a tip on how to win the contest?
will those tournement unicorn tokens have any other use-case in the future or can i gamble them all away right now?
so this is more like betting with the minimum amount of 10 moons. here goes more than half month of my moons.
what is tournament tokens? how i have 1000v
whenever i buy doge it drops, since i am not buying anything like 2 weeks, price most likley will go up lol
can someone tell me how to actually participate. maybe i’m an idiot but can’t find where to do it
i guess iphone 11 owners using the reddit app can’t participate without crashing the app it seems, at least for me.
(the 2nd place answer)
not these again, please for the love of god
i don’t understand why those kind of posts are upvotes like that. it’s entertaining but there’s no real work behind. edit: please tell me that no moon will be rewarded to the op for that.
dogecoin to !! 💥🚀
what’s the reference price?
this will be interesting to see where the consensus sits
used up all my votes on the live poll oooops
unless our lord and saviour elongated muskrat says something bout it. the doge will drop at least by 1%
i predict you assholes will drive up various computer parts and waste electricity for the indefinite future. until people stop mining; ligma nuts.
i wish everyone good luck😉
in the last 10 days doge had abt a 9%+ change, i’ll go with 10%+
how does one get moons? i don’t post here often but lurk a lot. im breaking out of a cult and would like to diversify
what’s so special about august 9th?
fuck doge propped up by dickhead elon. let it die
we’re underestimating cardano. the ceiling for a possible market cap for ada will increase exponentially as eth and btc dramatically increase their market cap. the staking rewards and hype and launch of smart contracts will cause people to fomo in. 10 dollar ada is a conservative estimate. we could very well see a 50 dollar ada if btc and eth reach 6 figure digits
sending me to the *new* reddit, that was bold of you
what’s all this moon talk and where do i get them
i can tell you the price of the next crypto that comes out before they even release it.
who cares, its a shit coin.
next time can we get some prizes for the last couple places?
i have reddit premium from awards, why would not it let me do the sneak peek?
safemoon down another 8%
i have no idea what we're predicting this time or for what time frame, but here's my guess: bitcoin to 75k my halloween and ethereum to 6.9k by that time.
i have spent all of my space bucks and i have no idea what i'm doing! fantastic! good luck to everyone!
bruhhhhh you guys need to do this but on tendiebets and every 5 mins
i really do hope doge fades into irrelevance. it's an unpopular opinion, but there are so many better cryptos out there.
who gives a shit 🤦‍♂️
what's the point of predicting few % movement in 1 week this is pure gamble
what was the first prediction about?
i have bet the max on the right horse. to the moon and beyond
the game is afoot! and i'm just making wild guessed based on little knowledge just like all new crypto hodlers!
is so hard to know with crypto, depends on what the whales are planning really
if you love to make bets on price movement, sport events, etc... check tendieswap
what are tournament tokens? and how do you get more of them?
this post crashed my phone
i dont see anywhere to make predictions. clicking the link at the top of the post just brings me back to the sub.
i came here looking for the daily :(
you all need to get a job.
more robinhood shenanigans with doge.
i have been watching this for a long time now. bought about 15k at 1.3 cents and sold a bunch when it got about .50, then bought more at .25. i just don’t see it moving much between now and the 9th.
did anyone vote anything other than exactly what they hope happens? no? me neither.
btc will dip again with another correction coming around aug 23rd. the crypto market will follow as usual.
thank you for the new less invasive ui!
with just under 4k dogecoin, i hope it goes up a ton. lol
night gathers and now my watch begins.
as a doge bag holder, i just pray it does not go negative!
where's the i don't give a shit button?
i have to say that market will come back to 35k till monday. because after every rise there is a correction period too
anyone know where to actually find the polls? i can’t find em (on mobile)
is there any way to see how accurate reddit is with these? like on average what percentage of people in polls guess right for certain coins or whatever?
i love this post!
where do i see the tournament tokens balance?
safemoon to the moon!
who cares. stop this shit you're ruining crypto.
how do i sign up for this nano
i predict this comment will be deleted because it contains the word safemoon
he is a redditor 2000 years
may the best win! it would not be me for sure!
that sneak peek preview is actually worth $$. not a lot, but it is valuable info.
the link still doesnt work. it just takes you to the sub front page.
either goes up, or it goes down. easiest prediction ever give me ma money
wait we get moons for this? i thought it was just funny money gambling lmao
you are a clever genious
that's the spirit! win win situation
so ,that is the trick, i am winning too
now i want to re vote
this is why i am long and short on every single asset! i can’t not lose!
some people are just...genius
damn did not know your iq was in your username until now
that's some genius predicting... i take some notes
dat boy just broke the matrix, calling mr smith now!
ahh, i see you're a man of culture.
perfectly balanced, as all things should be.
that is not how it will work
best move, that is how i do sports betting for fun, bet against my own country. if my team wins, i'm happy, if my team loses i win money 😄
hedging against yourself 🧠
safemoon! to the moon! you know its true!
yesterday i found out the only *debit* card out of 4 that allowed me to buy crypto does not lets me anymore, does that count as a **life obligation** too?
and props to , it is insane.
they’re used as casino chips to place your bets
i’m the opposite, i finished the tournament with so many tokens left hahaha
too suspiciously bullish for me now. i'm not sure if it can hold the bull market support band in a few day's time
this guy is bullish 👆🏻 but do your own calculations coz he is not giving a financial advice
mostly bullish, but with care
i would be ok for it to be only 0-5%, if this prices keep holding up the fomo will start flowing.
bro i did the same and it paid off for me. only bet that i didn’t hit was bnb, and for some reason i guessed correctly on the moons burned question two. currently in a 15 way tie for 4th place, what do i win?
i hear that if project positivity it will move the market in that direction.
50%? don't you believe in it? minimum 100%
10% + easy then?
please do not use your teeth on my
free gambling money - possibly real moons 🚀
doesn't the vast majority think just that?
it’s always been a meme shitcoin. the celebrity thing is recent. i bought about . i thought it was funny and any coin that spreads awareness could be good for adoption. they were sponsoring a nascar racer. shit hasn’t changed.
you're never the only one. and tbh 5 mins reading posts in this subreddit would show you that most people here think that but i'm guessing you already knew that.
i thought everyone did at this point
completely, but all "celebrity" is just public infatuation -a following. crypto is widely a game of public perception, many already do not know or care about technical back ends, which is a margin that is likely to widen as crypto holding moves from mostly tech junkies to low-information investors. that general trend is good for "kardashian kryptos" like doge.
dogecoin was a top 5 coin years ago before any celebrities had even touched it
yeah pretty much an elon musk game of pump and dump manipulation haha.
yeah... unsustainable, it is just a "fashion" investment and eventually will lose it is value.
you're definitely not the only one that thinks that. i bought the super dip just for the pump and dump.
all coins are just nonlegal tender being manipulated for profit. it's a shame and should be stopped.
bought , said fuck it and traded it for btc and lost . i've made it back on btc since.
yes, because doge is just to wow to be a celebrity shit coin.
i can’t load the page it tells me to turn back
when has the crypto market ever showed moderation?
i think they burn the moons of redditors who do not have a vault, can someone confirm?
gotta fire those thrusters
yea lol it's the only one i put as a -%
jokes aside, altcoin prices should always be quoted in btc. i've been trading alts for years, btc pairs are much more important than usd.
what are moons? (see the automated reply to this message)
and yes they are around .2 at the moment. go to your profile and open your vault so you can start earning them too!
no, and all thistinguished comments
no future use case, they reset every tournament
[here you go!]( let me know if you have any questions
eth update is memory serves correct.
i'm curious to know what you mean with better cryptos. i know next to nothing about the technical side of crypto currencies and so if there is something you know about why doge is somehow worse than most coins i'd love to hear. as a side note i also have just a minimal amount of doge for the heck of it. personally i do not mind whatever it does
same, i’m trying to find the predictions page
have you not been paying attention to daily and monthly closings?
just click on the tournament and start predicting, you’ll be allotted 1,000 tokens to bet with
what do we even do?
playing 4d chess right there, meanwhile i am here just buying high and selling low
crypto shorters hate him!
you win! go get the moons
well it could magically be the same 9 days from now so there is option 3 - zero movement.
nigerian prince type of play right there
quite a \*high\* spirit
i'll allow it. maybe you could just create temporary cards using privacy and get your crypto fix that way? there must be a way!
there may be some coin atms in your area. they popped up like mushrooms after the rain.
do they cost anything?
funny... i thought it was too suspiciously bearish during that massive overcorrection in may... and subsequent peak bear delusion calling for a crash to 25-50% of the previous cycle ath in just a few months - something that has never happened even after crashing for *years* deep into a bear market
yep, due a little dip, but doge just is not moving fast like a few months ago. i'm on for a small % drop.
ye dont invest all your money because i said i think it wil go up. that would be stupid. invest in what you think wil go up
do we have financial advice for polls as well now?
look into vectorspace and what it is doing. this is a whole lot of bloat for "help us make the rich richer" these guys are directly working with companies like amazon and financial institutions. the nasa part is rather irrelevant overall because the primary focus is clearly on private projects such as blue space. they are designing ai technology for institutions and hedge funds. look at their linkedin. one of their very first mentions is how this ai could have signaled an investment on a drug. they largely talk about space tourism with speckles of "health in space" being mentioned. they're paying 100,000 dollars to whoever can help them make institutions and private space firms millions, potentially billions of dollars. maybe i'm totally wrong here but this vectorspace and it is connections make this appear to be nothing more than an ai dedicated to helping secure money.
no clue. i think only top 3 get small prize
i expect it to dump on wednesday and then continue on going up (as long as btc stays around or above 40k). i do not believe it enough to sell any in anticipation of a drop though.
y'all wrong, it is **e**thereum **i**s u**p** 1559% actually.
yet the mass majority have that
i'd say the average opinion around here on doge is a bit stronger than 'celebrity shitcoin'.
crypto tipped over that point during the recent bull if you ask me.
it's funny this is downvoted, because it is actually correct. doge is simply a litecoin fork. back in [2014 it was routinely a top 5 coin]( the people who've just joined recently probably only attribute it to elon or insufferable moonboys, but doge was only ever a meme fork, like [mona]( - which is another litecoin fork that features a japanese cat as a meme instead of a shiba inu. kind of sad how that kind of history gets lost with culture wars.
sundays have been dippy
unclaimed moons are considered lost after 6 months (which now only applies to users without vaults set up). moons are burned by the admins when users buy the premium membership with fiat. these moons are not considered lost as each round 50% of them are reintroduced
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how do i open "my vault"? i do not see that option
thank you. i entered the tourney as well. great idea
for some reason i cant find the link or tournament ...im on the mobile app thou
we are the ones who make rich people richer! we are essential for the crypto market
hay that’s my strategy to!
i thought that is what we're supposed to do.
15-30% fees for ones near me, kinda sucks
no they are free and given when opening the voting portal
yeah, looking back, the amount of fud circulating was really insane. if i had my tinfoil hat on, it would say some influential people missed out on bitcoin train and wanted to suppress the price to get in... but that is just my tinfoil hat speaking
invested all of my money
yet all my savings are in doge coin
you mean when saint musk didst impart divine knowledge of cryptos upon the heathen masses?
damn i sourced a link earlier for a different comment i should have done that. you’re right they don’t know that what i said is 100% factual. and i don’t even have any doge! it is the reason i’m here in this sub with you all today though.
you are rich sir...or will be someday from reddit. let that sink in 😀.
what happens when you click on [this link?]( it should bring up a poll with 6 options to choose from, clicking on any of them will start the tournament
i won 925. now what...?
yeah... there is that old saying... when a poor person misses the boat, tough luck. when a rich person misses the boat, the boat turns back.
please don’t sue him
i am there, i do not see any vault option.
al right i searched a bit on reddit and i made a vault. but i still do not see that option is profile or anywhere really. edit: found it. bruhh, i am stupid.
redirect me to your dogecoin post
i prefer the pronoun muppet
congrats! now you’re mooning!!!!
we’ll see how this goes
congrats on your new vault :) now you'll earn moons for the upvotes you gain on this sub.
he gave you a financial advice!
as shitty as rug pulls are, that is actually impressive.
everyone died, and one person got rich. seems like the show was right
squid game season 2 to feature those who holded the token.
well that came earlier than i thought.
another one just popped up an hour ago: looks like another honey pot scam. only buys, no sells.
don't mind me, just a thisaster tourist passing by
safe baby squid game is coming out soon
even though it was an obvious scam from the get go, i am heavily impressed by those numbers. crazyy
they just handed bank-sponsored politicians a whole lot of ammo in the quest to regulate crypto out of competition with them.
guess they didn’t learn anything from the show.
this token should be used as the poster-child for a rugpull token: 1. locked out from selling 2. website is no longer up (or was never up from the start...i cannot really remember. there are other tokens that do not have working websites even when they get listed) 3. abnormal price movement (logic states that if value goes up quickly over time, it can also go down quickly over time due to poor liquidity amongst other factors) 4. token has no purpose or fundamentals behind 5. name of the token should have been a massive red flag i am still learning about economics and crypto so i may have made mistakes in the points above. welcome any feedback or improvements.
so who got all that money if people could not sell? also who would buy something named after a death game where the rich amuse themselves at the expense of poor people?
someone made a lot of money yeet
this whole thing was created, blew up, and rug pulled before i had even heard of it
they should have waited longer for it. could have scammed a lot more people, rugpull amateurs
this thread is the first i've heard of this coin lol.
what? the coin was 2,856 dollars a coin and now it’s sub 0 edit: sub .01
now that is a proper rugpull.
my 481 squid went from over ,400,000 to .14 in seconds lol
i love how coinmarketcap even has a warning about this coin on the top of the site. let this be our reminder to *always do our research* before buying into a coin...
atleast people can afford to play the games now ;)
an alternative to 'play stupid games, win stupid prizes' in this case 'play squid game, get squid game'd'.
51% of players voted to leave... leave their money behind.
# green candle? red candle!
![gif](giphyeig0hfourqjqr1wbzz) green candle, red candle
did some math. if i would've bought in just 4 hours ago with €500. half an hour ago i'd have 'made' 52 million. now i'd have €15... that's quite the roller-coaster for people that seriously thought it was a good idea to invest in this coin.
i bought . was nice to see my wallet at close to million for a minute! maybe one day it will be foreal -sigh-
the real reason we see this happening is mainstream news outlets like the bbc, yahoo news, business insider, fortune, and cnbc ran headlines about how the new squid game cryptocurrency had soared by 83,000% over just a few days. investors with robinhood phone apps buy this crap and dream of riches (like they did with gamestop) thinking it will happen again. lots of red flags like website with bad spelling, telegram & twitter accounts that no one can reply on. if you do not dyor and try to chase $$%%% - you will get killed in this market. good projects have good documentation & teams.
people are still buying it😑
just a correction 😂
it's things like this that almost, almost, make me think they have a point about regulating the crypto market. but then i look at what they have done with the stock market and that makes me come back round again.
just think about it of someone bought it in ,000
but everyone was warned here, i mean at least with elon or those meme coins you could get out of it but here it was blatant fuckery...
i guess this would happen, but not so quickly. it seems that the maker of this fake token was in a hurry.
next season of horror scam token
i'm not even mad, that is amazing crypto during bull runs is weird man, 90% of newcomers are in for the lottery and thats about it, such a shame
but i was told memecoins are the future???
guess someone swapped the marbles for rocks
i do not know why we hear so much news about this scam token these days. it seems strange.
i just want to know wtf think you are if you still buy this scam coin
how much money did they make out of this?
lol. that was quick. now newbies will think thank god, my shiba and doge are solid investments!!
what i do not understand is how they were able to prevent people from selling. can such a thing be implemented into a tokens contract?
and now the eth version is going crazy with one dude buying up 50% a few hours ago. lol. this market is insane.
looks like you can cash out of squid after all.
rip to anyone who put them life savings in to this
this is the perfect crime, they get away with millions and everybody blames the victims
i am actually feeling bad for the people who got rugged. this is scary but some people may have lost a lot of money. typically whales do not get hurt in these scams just small folks.
the sad thing for me in all of this is the negative news this will bring to the crypto space, a lot of those that have been scammed will see the entire crypto space as a scam now.
[ they claim it was hacked in telegram lmao
well there was going to be only one winner in the game.
wild west for sure.
okay - can anyone explain this - as of now there has been a strong amount of buying activity on it the last two hours. any the price has basically doubled from the post rug pull dip. what the heck? are there truly that many people that still do not know?
...and yet another example thrown in our faces for why government needs to step in to regulate the space. people going to run it for all of us.
it's time for rug pulls to end. like this should not even be an option anymore. those rugs are harming a very promising space. decentralizing liquidity should be the standard going forward. it's not a joke anymore, we do not need regulators killing this space with their nonsense now do we?
took out a big loan to buy squid, now it is all gone leaving me with a huge amount of debt! luckily a friendly looking businessman offered me a place in this game thing where i can win a lot of money! wish me luck!
happened plenty of times why i do not buy new crypto
where was this shitcoin listed at?
whoever pulled off the rug pull made a lot more than 45.6 billion won
the number of people in this sub who invested in squid would certainly be very very less than the number of squid dump posts i'm seeing right now on this sub lol.
you mean only one person took all the money and everyone else was killed by the price drop? why would you expect anything else from a token called squid game?
spent . there was no way of knowing what could happen. i had maybe 520 squid and when it went -
this was the coin that no one could sell right?
hopefully at least the developer gave one person (perhaps the person who accumulated the most) a massive cash prize from the proceeds, making it shitty but at least true to the squid game with a squeeze of poetic justice
play stupid games, win stupid prizes. they learned the hard way.
what did they expect from a coin called squid game? the name of the coin provides ample warning.
this squid game is not over yet?
the project has been scammed
some coins never even launch e.g. ankh .
so how did this work ? did one address cash out ?
that’s much more entertaining, than the tv series itself….
well... if it act like a scam, smells like a scam, appears to be a scam and it is price is based on a rng. i'm sorry to tell but it definitely is a scam.
if you want to throw money at some meme coin, at least pick one that is listed somewhere not on pancakeswap ...
here you go sec, banks and governments, have some more ammo as to why crypto should be regulated. when will people learn!
so the vip's won the game while the contestants fell off the cliff.
[removing money from squid be like](
did the people buying in not watch the show?
summary of what happened:
you’re an absolute idiot if you spent money on it. zero sympathy.
people will throw their whole ass bank account into a shit token named after a netflix show but wouldn't think about investing into a coin that stands on its own. "crypto's a scam!" nah mate, you're just stupid.
damn, i missed out on losing more money!?
another reason on the stack of "why i dont really think crypto is a good thing"
the spoilers for the coin were there if they watched the movie.
honestly. if people are really this stupid consistently , i need to start doing rug pulls to.
i do not feel any empathy for people who lost money on this trash. they deserved it
51% of the players decided to stop the game and go home
the only reason these coins exist is greed and stupidity. if you bought this shit i have no empathy for you
it’s shit like that making a bad name for crypto
this is why you do not base a currency off of shows, movies, books, or anything of the sort.
shit like this sucks for the entire industry. sheds such a negative light on crypto investing and unfortunately these are the stories that get highlighted most by mainstream media.
gonna be honest, it is ironic how similar this was to the actual series.
chart literally said “green light, red light”
so what happens, the scammer just gets away with this unpunished?
lesson learned...do not buy tokens you cannot sell.
this coin was the perfect example of the squid game.
the red flags were there. my condolences to people who lost money though
rip to the people who bought
i feel sorry for the naive people that invested and list their money. these pump and dump schemes give crypto a bad reputation imo.
omg who could have seen this coming except everyone with more than 2 braincells
in an instant, its market cap value reached zero
but dear sir its not a dip or rugpull, its on sale 🥳🥳
honestly, with that many red flags people deserve it. natural crypto selection i guess.
thi is crazy o.o i'm sad for people who lost their money tho
a quick reminder for those who hodl meme coins. bigger market cap does not mean shit when it comes to rugpull. sure people will notice and it is harder to get away, but they always find a way and they always get away. hey hey heyyyyyyyyy bitconeccctttttttttt!!!!!!!!! i see a lot more new ppl joined and a lot more talking abt crypto where i live. i think we should keep bringing up every scam coins in the past like bitconnect, one coin to make sure they at least knowing the risk is. this is good for all, the more money invest in big caps, high potential coins, the healthier the market will get.
good. serves clowns right for buying shitcoins. hopefully people learned a valuable lesson.
green light, red light?
red = hodl green = buy that's how you win
buy the dip lol
"you wanna play a game?"
i guess the coin was eliminated...
did player 456 win?
if you let it one bit, greed always wins, folks, greed always wins.
i mean, only one can win
this happens when people want to invest but they have no idea what they invest in…. dyor is said for a reason. if you get rug pulled you invested in the wrong stock. this has happened for decades. whenever people invest they take a chance. investing without a clue about what you invest in is like going all in on a roulette. its hard to know where it ends
i have a feeling that the same people who would invest in this squid scam coin are the kind of people that would’ve went all in on bitconnect.
is this the part where a bunch of angry hackers find the team responsible, hack everything, drain accounts and donate it all to starving children programs or somthing? that would be cool.
incredible. completely uninformed and clueless post with zero understanding how dex mechanisms work became the most popular in this sub in under 2 hours. 2021 bull market in a nutshell.
i imagine a lot of people from around here went in hard into this meme coin because they regreted not buying into shiba when this community told the same story :(
where did you all even hear about the token? to get it that valuable before the rugpull. i never knew it existed.
who is i’m the idiot buying that junk for 2k+. if you fall for a blatant scam that your own fault
# buy the dip
>i’m sorry for any of you who’ve bought that token hoping to make a quick buck aren't you just saying "i'm sorry you got screwed over instead of getting to screw everyone else over". how do you make a quick buck without yourself driving the price down, the very premise is that you hope to beat the selloff. well play these games and this is what you win.
now thats not a gganbu move man...
kina funny how cnbc of all sites made articles about this coin
only 1 player standing in the end, just like show.
everybody forgets there was only one winner of the game. looks like the crypto was set up the same way. fucking brilliant!
what exchanges was this listed on?
how do people in the know, capable of buying shitcoins that just came out, fall for such a blatant scam? i mean the name alone is such a giant red flag...
so youre saying buy the dip?
laughs nervously in floki...
i imagine there is still that guy in the group saying 'stop the fud guys, just hold and you'll be rich'
i guess 51% of the players agreed to terminate the game
lost 100k in this shit, wife wont be happy, help
how many do you think unironically screamed ''hodl'' after seeing this?
that's why it is always good to invest what one can afford to lose
hard to feel bad for the oldest trick in the book. i can’t believe this still gets people lol.
buy the dip! diamond hands to the moon 🚀
10 minutes? how's that even possible
my personal favorite where i lost almost everything before i quit was gbyte. wasn't bitconnect also super fast? anyways, it might not be in 10 minutes, but basically 99% of coins end up being worth nothing in the end.
stop buying things that look like scams. they usually are.
this takes the buy high sell low tactic to an epic extreme!
3, unique experience, would buy again.
does anyone know how much was invested?
*laughing in front man*
if people could pull out, there would have been no profits. would never have breeched 1 dollar, if even that much.
it was a squid game all along.
i love the idea behind it, if someone really got deep into it, then its his own fault 😅😂
do you really believe it was ? with almost no liquidity?
wait are you telling me there was a coin called squid game being worth ?
i mean what did people expect? they did not watch the series? there can only be one winner
i laugh at all the suckers who got their money stolen. maybe now you'll avoid when kim kardashian or any other fuck pushes a coin or just buy a coin hoping it pops off.
look into bitconnect and you’ll find a bigger scam
they built in a no sell in the contract and you and to beat their game and hold 426 coins to sell , the buyers were squid gamed 😂
would someone be so kind to explain quickly the turn of events behind this shit?
in true squid game fashion, those who got screwed this round would probably come back again for another.
is it really this easy to become a millionaire
it’s as if banking regulations exist for a reason.
that's a -357,000,000% drop. that must be a world record for an 'asset'
why do people expect making money to be so easy? most of the time you're either too late, or it is too good to be true. if you lost money on this shit. you're simply a dumbass.
can we stop posting about this bullshit?
oooooeeee whoever made that coin is happy. they just made 13 million off idiots. and it wasnt even illegal lol no one read the fine print before signing their money away
yeah but it was old squid game token, now you can invest in even better, stronger and more funny squid game 2. to the moon !!!!!
anyone who bought this is hands down an idiot. hands all the way down. please try and debate me
how did this happen? how were the makers able to sell their coins while the legit holders couldnt? what stops other people from making these kind of coins? these kind of things fcks the crypto future
shitcoins give you shitty results.
you call that a rug pull? this, is a rug pull!
if you invested in a rugpull you deserve to lose all your money this is why people are not taking crypto as seriously
when the contract is smarter than the users.
anddddd crypto is now regulated. seriously it’s the same old story, few mess it up for everyone. prayers to those rugged, that sucks…
this is how shitcoins work
wait so i can buy the dip, right?
holy shit! i had fomo for not buying it, not i am like shit i dodge a bullet!
well, i fell for a scam the other day. bought the wrong dogelon mars (elon). thats on me for not checking the adress. but weirdly enough, that token has some sales too, but i simply cant seem to do it. maybe the actual owner is carefully offloading the coin to give the illusion of a real project. pro tip i learned the hard way: if a coin has no dips whatsover and keeps slowly climbing, it is a scam. it means people keep buying but no one is selling (because they cannot).
i will keep mine as a lesson forever... never to be deleted from my metamask. great reminder of what (my) greed can do. glad it wasn’t a big hole on my ambitions.
if you are smart enough to figure out how to buy squidgames then you should be smart enough to know its a lottery ticket.
so how do they even cash that out on an exchange? like if i were to transfer that to tether and then bitcoin on coinbase, they wouldn’t be able to link it to me?
so you are saying buy the dip!
that was expected but damn the video was horrific it was like 10 seconds
reminded me to dubai coin but speed was something else
sang-woo would have been balls deep in
lol scammers are not even trying anymore. they just straight tell people "you cannot sell" and people still fell for it lmao.
this is actually the "mother of all the rugpulls". i believe from now on this will be used as example everytime rugpull is mentioned.
honestly, i have no sympathy for those who lost money on this. if you knowingly invest in a rug pull coin then what do you expect. put that money in a low market cap project with great fundamentals and leave it forr one year. you'll be much happier.
that's the real squid game now.
want to play a game?
i think this is more of a happening than an actual coin. injecting fun after the hype of squid game. i’m not mad, but i guess i am not desperate enough to participate😂
shit like the serie
this just in, shitcoin turns out to be shit. news 11.
sorry if it’s a stupid question, but did anyone invest and actually sell and took profit?
why cannot the scammers get caught?
red light! green light! don't buy squid game token.
people are stupid for not doing their dd. there has been at least 3 posts about how you can’t sell this coin and it’s going to be a massive rug pull, yet people still bought in and got fucked.
this is only my 2nd bull run but being a polymath this is like my 100th and it still amazes me how predictive these are
even faster than titan?
how is that noone could sell? not even the ones who entered first?
let this be a life lesson to all those pumping all these shitcoin... already been burnt once when i first started and now just stick to btc and eth. already a high risk with those as it is… 😅
so many idiots bought into this just because of the show, same as tiger king , pathetic
so did the coin got up to ?
i guess people who invested into this did not watch the show all the way to the end. only one person gets out alive. in this case, only one person makes out with all the money.
and that is why, even if you folks do not like it, crypto needs some kind of regulation
thats why we need shieldnet work to be up and running asap! without shieldnet, investors would face extremely blatant scams like this for a long time to come.
shielsnet go to put down all rugpull!
people if you invest in shield network, now can combat that’s rug pulls and gets rich 2 in 1. shield network it’s one of the best platform who can combat all rug pulls. please read that beautiful project and invest with responsibility search shield network and invest that new gem. transparency, good devs and most important your money is safe with shield network. next 💎 generation. have a nice day people.
can someone break down in an eli5 way of how this works from the scammers side?? i get they make the coin and put it out there, and people buy in when it’s cheap because of whatever dumb reasoning...but how does anyone make money on this? for it to be worth ?? and how many coins were being purchased for that much? i mean surely not more than a few? also , how does the price itself drop so quickly? what dropped it that quick? sell pressure? was anyone even able to sell on the way down if it was that quick?? did scammers put out a note with just “thanks suckers” and it just plummets? i don’t get it
to be fair, this is in the spirit of the show.
who the hell still buying this ... people really are crazy
i mean what do you expect investing in a shitcoin with no fundamentals? they definitely delivered true to the show.
the fact people still fall for this crap….!!!!!
this sort of shit is why people say dont invest in things such as shiba etc
honestly, i do not ever wish bad on people's investments, but in this case? good. it was in the whitepaper that you cannot sell, the main guy going by an alias and not a real identity. you know kinda like the people in charge of the game in the show? so i do not feel bad at all for these people because it was literally spelt out before them. if anything this had to happen to make people realise there are risks with memecoins.
lol why feel sorry? everyone who bought was doing it out of pure greed and deserves what they get.
very surprising that this happened. ^.20% though lmao
sounds like a buying opportunity?
hahahahahahahahahaha fking idiots spending money on that
even bbc news advertised this coin on their podcast… smh
what a dip , gonna sell my uncle's farm and go all in gonna go take a nap and dream about my lambos😎
too bad that there is no squid subreddit where i can watch them cry
i am happy that i do not have the ability to buy a lot of these coins.
wow i didn’t even hear anyone say red light?
whoever buys these shitcoins without proper research trying to 1000x their investments after countless coins, if you have the ability to create a crypto wallet and buy these shitcoins"investment". there was literally a warning that this coin, fomo is the dumbest way to lose your money, 1 minute search on coinmarketcap and you would have seen the problem, also people were denied to sell their coin, because of "anti dumping" technology, how tf was that not a warning sign?
bought this earlier today! up more than 30% 🚀🚀🚀
i wonder how much the devs stole from this
wow i feel so shit as one of the idiots that bought 125 squid for like . then put 10k usd into the pool to try and farm marbles. fuck me right. hard lesson learnt. is there anything we can do at this point? class action lawsuits and the like?
some people will never learn.
terrible. why would anyone invest in something to have to hold for 3 years?
website is now gone too. this was either the work of the feds or an evil genius lol
titan comes to mind, but it was hours, not minutes.
lol i was contemplating putting my own marble coin up on pancake swap to see how many people bought out of desperation. of course i could never actually do that. still
well, we know how squidgame works: there can only be one winner at the end.
these project in reality are just iq tests, and some people is not going to get a good score i'm afraid.
*looks up at big clear piggy bank*
i don’t even feel sorry for the ones that got scammed anymore… i mean when you invest in a shitcoin just because it was named after a popular tv show, you’d have probably lost that money some way or another anyway… next is khaleesicoin?
i mean, its completely scummy from the devs, but if people did not bother to read the white paper then its hard to have any sympathy. stop investing in new shit coins looking to get rich over night.
if you got rekt, i have no compassion for you. you have been warned so often and obviously did not read the whitepaper lol
the „devs“ „bank account“ goes brrrrrrrrrrrrrrrrrrrrrrrrrrrrrr
kaboom. this will hurt crypto reputation for quite a while.
what idiots bought into this rug pull scam? 😂
i cannot belive how many people in this thread are calling for "regulations" to protect the poor dumb retail trader. look how well that is worked out for the stock market. regulations are the exact opposite of everything crypto is, for better or worse. it's not like you could download robinhood and throw your life savings into sg in a day, the people that threw away money on this were well aware of what they were doing.
tbh anyone that lost money to it deserved it.
who could have expected that? what a shock
as good as a 100% dump! holy...
some people have to learn the hard way
havn t heard of this coin before and really happy that i didnt
bearish on squid game.
so one dude made all this money? and legally?
i mean... this is probably the true story of sang-woo
everyone who lost money is basically ali from the show
lmao do not buy the dip
hopefully this trims the herd of those just pumping shit coins and maybe the good projects get back on track
this is crazy, people will never learn
what are the news gonna say now
you're telling me it was a rugpull? why did not someone warn me sooner
a moment silence for the greedy victims
holy fuck, now thats what i call a fucking rug pull...
but i wanted to get rich in 2 days... crypto is a scam!!!
what baffles me is that bbc news wrote an article about this crypto which probably led to more fomo buying.
the casino is now officially closed
you mean this coin ***is not*** going to overtake bitcoin?!
wow. just wow. they pulled off a huge scam there.
the shitcoin that shat. hopefully no-one over invested
people shouldn’t have invested in that bullshit
ingenius that it was obviously a scam but still worked. the power of a simple name and marketing is unbelievable and scary
a scam to lock liquidity for the rugpull.
as the saying goes, play stupid games, win stupid prizes.
just a correction is all... do not panic...
invest in shit coins, win stupid prizes. ¯\_(ツ)_/¯
wow, what a surprise, how could anyone have seen this coming!
i literally cannot fathom why people put money into these things.
the history repeated itself once again.
honestly, props to whoever was able to pull this off. obviously it is morally questionable and sucks for those who got burned but it is a remarkably successful honeypot that takes advantage of new technology in a unique way.
i'm not sorry for people losing money here. play stupid games...
squid turned into squirt
on that note is shib not a rug pull? when people say ‘read the white paper’, where is this?
lots of people get in, 1 gets out with all the cash. that's what i learn from the show
isn't this the coin that you cannot sell for some reason? i do not think it is fair to compare this to other memecoins since this one is an entirely different category of its own. but still...damn, this all happened in a matter of minutes.
i'm not sorry for anybody that lost money in this very publicised and obvious scam. have more respect for your money and you wont get caught up in stupid and obvious scams like this in the future.
there's a beautiful german saying for situations like these: "dummheit muss bestraft werden." or translated to english: "stupidity must be punished."
i guess a couple of investors just got eliminated
ah, babies first rugpull?
can’t get rugpulled if the rug is gone
i mean, is it really a rugpull when it is so obvious it is a rugpull? also my new token rugpullmoonsafeelondoge is listing today so i'll be moving my ip address to curaco by friday
its just a healthy pullback! hodl
why are you sorry for people who bought that token? anyone who invests in "projects" like these deserves to get burnt.
its a coin based on a tv show. a tv show that only recently became popular. what did anyone really expect? you've literally got to be a straight up moron to invest in that.
my only wish, is that i’d shorted it.
thank god that is over, jesus christ.
buy the dip!!! squid game going to the moon guaranteed!!! 🚀🚀
am i the only one who is wondering how is that even legal ? ' .
not everyone will get the pump. someone's gotta get the dump
it’s difficult to find literature like this.
there are really 1000 more ways to gamble with a better vehicle such as penny stocks, contract, options and a bunch more but if anyone chooses to buy this token, you should lose money. no other way to put it.
how is this the first no sell token you people have seen? all of march to june like 15 launched per day
wow! that is crazy. at least shib we can sell. progressive growth is key, not spikes. spikes means instability.
doesn't help when people see useless crap like doge and shiba do it and then think every other shitcoin will do the same.
now when will shiba inu do the sa,e
hahaha, you crypto people are such idiots.
that's not a rug pull, they have ripped up the whole carpet.
buy the dip?? son of a bitch, i’m in. 💎🙌you can’t lose at a loss if you can’t ever sell, win-win!! 😅
so basically the outcome of this is the same as the show. everyone gets rekt except the winner
99.9% dip?! better buy the dip before its too late!
if you got burned by this, fuck you. you deserve it.
this is probably a scam by big government, designed to bring in crypto-regulation
they should have called it safesquid 🤷‍♂️
it's one of the oldest tricks in the book and it still works. i sometimes wonder: how?! how do people still fall for this? the other day my mother in law got a text from my "girlfriend" saying see had a new phone number and a new bankaccount and she needed 3000 euro quickly. she fcking paid the money! how???!!!!
¿so who is the creator of this rug pull?
there was a squid game token?
i mean there can be only 1 winner right
this was not the first, not the biggest, not gonna be the last unfortunately :( there happens at least one rug pull literally every week you do not hear about. this one got wild on news just because of the show does popularity lol
how did i not hear about this coin lol
here's a clip from a stream when the rug pull happened live, it was wild. [
how did the price drop if people couldn’t take their money out? honest but potentially stupid question.
play stupid games, win stupid prizes.
actually that was a long run from top to bottom in graph.
this is exactly how the show was. one wins.
tbh don’t feel sorry at all for dumshits that decided to invest in this. hope you you learned your lessons lol but then again, i’m sure you’ll do it again after the next shiba rallies
i am so out of the loop lmao
this is as much of a hyperbolic version of crypto as squid game was a hyperbolic metaphor for capitalism. any crypto currency is a ponzi scheme and only has value because the buyer believes it does. freaking out over this but happily buying into more stable cryptos is deeply ironic.
now buy the dip? lol
imagine if this were you before you post about how people deserved to lose money. it does not matter if you knew better, the person who lost did not and now they do. you do not need to make the experience worse for them. find another way to express your opinion without it being at the expense of others unless it is actually constructive for them, which is unlikely at this point when they probably are not hearing anything anyway.
elon dogelon coin 👆🚀🚀🚀🚀 💸 💰
it's funny how a lot of people are ridiculing those stupid enough to buy into this particular scam, but do not realize that they themselves have done the same thing. bitcoin, ethereum, dogecoin, whatever, they are all scams. their prices are based almost completely on speculative greed.
i guess now they can be candidate to join the actual squid game.
how could you buy it, but not sell?
biggest rug in history?
i did not even bother to check that coin.
is there any way to know how much money went into the project?
lmaoooo for every popular culture there’s a shitcoin to go with it. beautiful.
am i too late to buy this?
percentage drop, yes. every coin that goes from x to 0 drops the same percent. market cap drop, unsure, bitconnect might still be the champion there. dollar value per coin, this might be the new world champion
wow, not even one year and it is gone will more people be tempted to buy like this?
quick reminder that market corrections are healthy in a bull market
wait? so that .75. i think the lighter fluid to burn that amount is still worth more.
it would have been crazy if the rules were such that you are allowed to sell if you actually completed some task in real life.
sounds very squid gamey. everyone lost except for 1 winner that takes all.
it's funny, because in squidgame only 1 gets the money
sheesh. the show was better
daaaamn they got fucked
dipped so low that cmc's website is showing it at loss of 99.99% 😂
i watched the token got rugpulled in the chart live cannot believe it!
bro what do you expect? the halloween is over
i bought 2 tokens for total of 1,50$. i'm dumb but at least some people are dumber.
no way! you're fkn kidding right?
is that the biggest rugpull in history of tokens? that market cap was insane yesterday night!
was this actually a game? did someone effectively win the “pot” or was it actually rugged? also following all memes coins right now if you can find a way to sell, now is definitely the time to buy because it’ll likely come back - looking at shib.
the shock the horror
buying the dip now! buy low! and…. never sell.
people could not sell. only a certain address could sell. this address took liquidity in one single transaction ' it is not the first token doing this
we going to see this scam coin contract copied dozens of times now
i read the topic and what's next? these scammers are now rich at the expense of the people and that is it? so they just robbed it and that is it? i just do not understand.
was it not a honey pot? meaning people can only buy, not sell, only the developers can sell?
buy now so you'd lower the cost average :d
nobody really wins! very authentic to the name really, what else would you expect.
any meme coin in news is already too high to speculate. ape wisely and be a calculated degen.
i do not get it, why did people buy in if they could not get out again?
there will be only 1 winner in squid game, the dev
green candle red candle! edit: ok this joke has already been made. i'll head out
a fool and his money are easily parted...
it's funny how it went from , what caused that crazy pump? then what caused the dump, that is obvious...
que the butterfly memes saying, "is this egold?"
that went down faster than i thought...
don't be surprised. this is the way all these scams end.
their fully diluted marketcap peaked around 2.2t based on their total supply of 800m.
those who bought it are participants in the game
this is fucking insane. wonder if this is part of a real life squid game challenge. get all the people who bankrupted themselves with this into a "throwing yourself up a staircase" game.
well the devs are clearly living up to the theme of the show, in the show they ruthlessly kill the participants, if anything, stealing all their money instead is the lesser of 2 evils.
literally never heard of this coin until i saw this post. what happened in between?
people still do not learn. it's again up 80% in last hour.
that's actually accurate. be aware of these fantasía-like tokens.
ahm, dont even know what to say. coinmarketcap even has a warning since days. everyone died, expect one i guess
please let that mark the stop of the shitcoin craze...
insane rug pull there! 😮
lol this kind of thing was literally only happening 3 or 4 months ago
this will surely help the argument that defi should not be regulated.
i hope the lessons is learned.
001 is the winner
well at least someone was able to take their money on. i thought everyone couldnt sell?
who would have thought 🤷 and in the end people who thought they could become rich overnight now go around and tell everybody that crypto as a whole is a scam
what token was it? i see everybody is talking about it!! i just searched on coingecko for “squidgame” and it showed me “squiddao” which is over … wtf
do the math my friend. can't go deeper than minus 100%.
but people where not able to sell
as i said before, it’s life imitating art right here. only one person, much like in the show, walked away with the money and in this case, it’s the dev. there was no liquidity, or rather it was locked up for the next 3 years, as it required a 51% vote to sell. that’s why it’s rocketed 110,000% in such a short time. feel sorry for the people who invested but they should have read the white paper for the coin. this scam was obvious from the start.
irony as its finest
well i made i post about it few days ago no one saw it 🤷
i didn’t even get a chance to sell the dip
gi hun just won all 6 games and given the prize money from developers.
nice. that was a good show to watch
easy come easy go
they made a squid game crypto?
where did these guys advertise, im hearing this today
i am soo happy
don’t gamble what you can’t afford to lose, nothing to see here move along.
i'm still going to buy the next big random shitcoin because... you know... just in case... you never know.
uk investors would have lost quid a few squid.
play stupid games win stupid prizes. 🤷‍♂️
imagined if you shorted it though.
im sure some of the people will gonna need to attend real squid game after this.
who in the right mind buys a coin named after a momentarily popular tv-show(netflix) that is created by the same team that already did the martian scam coin? maybe i do the la-casa-de-papel coin and rug pull idiots as well. seems like a legit way to take profits.
quite fitting seeing as the show’s about several people risking it all for a prize only one person can win.
that's no rugpull - that is a carpet pull or perhaps even a laminate flooring pull
now they need to have an actually squid games to get out of debt. that’s some clever devs there
🤣🤣🤣🤣 ahhhhhhhh fuck i lost my bet! i thought it would of lasted another week! i do not feel sorry for the investor who dropped over 🤣.
well, the idea of debt pissed players is more understandable now lol
imo the whole thing was not fucked. looking up squid game token in the last days pretty much instantly explained that you can't sell it. it's the whole point of the coin. if people chose to ignore this public info, it is their problem and i wish to congratulate the developers.
well its lives to its name does not? its a game where 1 person wins while other get fucked
this feels good, thats why you dont fomo into the hype later on. you get fked. anonymous team, yea deserved you monkas. better invest in exzocoin or hyperboost where the devs are doxxed and deliver 100%
shiba and dogecoin will follow this
just like in squid game, winner takes all.
that's the worst drop i've saw yet
that's the founder cashing all his tokens out and retiring in some caribbean island permanently.
this will be the way forward for all these meme sh!tcoin pump and dump schemes. prepare yourself if you're hodling for those 10,000% gains and good luck trying to get an exit.
one glance at the website was enough to spot an obvious scam.
those people watched the show, know that there can only be 1 winner yet they still invest in it.
love ut. let the moonchasers burn their hands on obvious scams!
probably going to buy now for round 2 of the game now.
this must stop people from fomoing into shitcoins
we are all sang woo
*"normal corrective move in a bull market, buy the dip, stack the squids, price will recover and reach new ath"* 🤣
earn other money with no effort. scammed need to be punished harshly
next time try to see the contract and if you see black list you know its possible to be a scam
i would definitely throw a little money to it. i am glad i didn’t. the amount i spent wouldn’t hurt me as much as the moment i thought i was a millionaire and not being able to cash out. would be a serious trauma.
this was glorious to watch in real time!
that is called, oh no this scam is getting to big, fuck fuck fuck, burn it down
in first episode almost more than 50% got eliminated, it is just started, grab some popcorn guys we better watch than buy this bs
does anyone have to pay taxes on the unrealized gains? that would have been a kick huh?...
honestly, i knew it was gonna dip the moment one of my no-coiner work friends mentioned it. may those who invested rest in peace
well there goes my savings
must feel like being shot.
wasn't it a ~? i'm pretty sure they could not take more than the liquidity out which was low af, hence allowing for such a pump
imagine being a bitconnect victim and then trying to get in on this scam coin only to get rug pulled. r.i.p
omg! who could have ever imagined such a thing?!
this coin was based on that netflix show, right? those who invested watched that right?
lol you stupid fuck
when i heard you couldn’t sell i knew it was going to be tragic.
these people should’ve done their research! not one person should’ve jumped on this! they should’ve looked into ultra protocol! help us spread word! ~12% growth in holders, .5m+ market cap increase and a current of .8m usd in value all within 48 hours. rt, like, comment: feels so good to be in early! big news coming tomorrow on 3 exchange listings!! and also reveal of roadmap so mich bullish news! a trustworthy project that speaks for itself!
player everyone has been eliminated
i am curious, how do you know you are blocked from selling? ( other than try to sell)
fake money turns out to be fake. details at 5!
i'll just put this stop loss in and go to bed...8 hours later checking how my stop loss went...👁👄👁
how much would he ?
which imbecile in their right mind would buy a token called “squid game” and think it anything other than a blatant scam?? probably the same people who fall for the “give me 1 btc and i’ll give you 10” scams. 😂😂😂😂
i'm buying more on this dip!
reminder to not jump on meme coins. it makes the rest of the market look bad
did they atleast have a ganbu to share it with
i shorted it... now i'm going to plan fyre festival 2 with all my dough. 😬
lol where the hell could you even buy this shit???
buy high, get locked, sell ultra low. squid game season 2 confirmed
looking at the 1 min chart it legit just collapsed in seconds. 1 big red dildo and silence…
i hate seeing this shit happen. this is an example of the kind of things that regulators use as an excuse to “step in on behalf of the consumer” and enact rules that make things more difficult for everyone.
you get what you get when you step in shit like this…
buy the dip boys!
brb creating a simpsons token...
i totally missed this one. but i saw in this thread that someone put in .00 and saw it hit a million just before the pull. am i correct in that no one was allowed to cash out? why would anyone do that? can someone provide details?
bag holders of this deserve it.
playing out just like the real game... only 1 winner at the end... someone won.
where are the ones talking about buying the dip!
tether at . easy ,000 gains.
i would use the "squid game" phrase for all investors now: red light !!!
for 2 minutes before it rugpulled it had a market cap of 2 trillion. ladies and gentlemen, it flipped bitcoin.
that is crazy so many scams...good for them, bad for the people lol
shocked! shocked i am... shocked! i am shocked...
this is messed up and affirms how necessary it is to spend more than zero seconds to research something and in invest into something with a solid foundation and future goals mapped out etc. sooooo many people trying to get rich quick, i'm happy to get rich at a much more respectable pace 😉
where can i buy it now?
i suppose i could make more popcorn.
this is the funniest shit i've ever seen:
there's gon be a lot of amas "i was a multi millionaire and i lost it all".
here is a live view of the festivities
even chuck norris would have been victim to squid
just like the real squid games. betting on coins like this is gambling...pure addiction.
they did it right though. only 1 person takes it all! 🤣
damn, this is literally squid game. but it is the reverse. first to get out first win
lol who actually bought this crap? please show your stupid self
love this. instantly forwarded this post to a friend who was sceptiscal about me saying memecoins are not safe, neither are the small exchanges they get released on.
does anyone know how much he made?
yeah maybe people should have read the plot of squid game before investing in this one. i have not even seen it and i know what happens.
what chart are you looking at? coinmarketcap charts kinda suck
people really lost their marbles playing this game!
sounds like a tasty dip to me
that's what they deserve tbh
after cnbc ran an article on them. lol
these pump and dumps are not great for the ecosystem. why are ppl such idiots? 🤦🏽
question is how much did the founder make (estimate)
player 001 wins this time!
so it worked. the vip got what they wanted.
lot of kids learned what a pump and dump and rug pull is today
after all this years, i don’t know how people still couldn’t figure out that this would happen.
yeah i don’t feel bad at all. their fault for not doing a shred of research ffs
now that is a true and legit rugpull. if you have bet on that scamcoin, time to lick the wounds and learn the lesson he- holey shit look at that new shinny scamcoin time to invest my lifesavings into it.
this made it into the bbc a few days ago. what an advertisement for crypto.
this is the digital version of natural selection.
so buy now and wait for season 2?
congratulations to the creator honestly, good for him!
i did not touch squid with a 10ft pole. i do not throw money at shitcoins with no utility. but i hope all the squid contestants got the experience they were hoping for! lmao
now that is a real squid game alright
feel bad for the suckers. but also an important lesson: do not be a sucker.
just like the show
wow. ny post actually had an article about squid game crypto and its huge gains. this is gonna be real bad for the cryptoverse
it seemed to happen a lot faster than 10 minutes. the dump captured on live stream:
somebody got really fucking rich pulling this rug.
you cannot sell the coin your stop loss wouldn't work
it was a honeypot, but hey, looks like >!player 001 !<won. not wrong technically
that’s the squid game for you. no one really wins.
bubbles that’s from german mal.
this was not a surprise. anyone with brains could see this coming. i guess this is a bit of poetic justice. everyone died and one person got rich!
do you know the muffin man?
my bad. dumb comment deleted. i looked at usd price instead of btc price.
how shitty do you feel if you're one of those many articles talking about "squid game made a lot of people rich" or about the crazy % increase it did which probably made more people fomo probably not very because news sites are scum and just care about clicks
hey can anyone tell me why no one was able to sell? like mechanism
how much bnb did he collect?
best time to invest !!!
holy shit, just season 2 script in making i guess?
that chart is the most rugpul thing i've ever seen lol
newbie questions 1. literally, can anyone make their own coin?. if its based on a popular theme, and catches heat, it will sell. 2. there are no legalities , sell it off?
i’m glad i didn’t buy any the other day now
plenty of bsc coins did way worst than this in april. but we cannot know for sure what you've seen. so you may not have seen anything else drop that much, but it is happened.
you bought game tokens for a squid game? geezer get a ps5.
ever heard of bitcoin?
lost 5 bucks and deserved it.
these rug pulls are bad for crypto
i do not feel sorry. keep putting money where it should not go.
it would be crazy if the devs made those who were dealt a bad hand in life play games until they won their money back. or at least one lucky person…
especially while coins such as eth, dot, avax, hell there are so many valuable projects that are working to rise the crypto ecosystem. the projects i mentioned have actual humans as leaders, not a series of fake profile pictures of random hot women. i get it, meme and gamblin' is life, but still these types of scenarios only add fuel to the fire of the dipstick boomer politicians that are too antiquated to learn crypto and thus have a punish mentality. it hurts the decent projects.
i bet you any money that there will still be people buying it, especially now that it is cheaper. next contestants, please accept the invitation. lmao.
never heard of it until today. think i’ll try and buy some.
where can you buy again? where would easiest way?
person from what the fuck does any of this mean?
i hope the fbi go and get the people responsible for squidgame token.
should have bought egc instead.
it's tokens like this that make me feel fomo hard. glad i did not but when you think shit 100 bucks i'd be a millionaire in 4 days. then cmc puts the warning and people are not able to sell your like oh ya thats why i do not buy shit.
people were unable to sell meaning? the platform dint allow it?
not happy about this happened. don’t have whatever coins just crashed and sorry for those who experienced euphoria, crashing into loss. i just don’t get the glee of those that missed or avoided this drama. it gives the instability preachers tinder for their fire and crypto doesn’t need that.
can someone explain how these scams work? how exactly did they scam tons of money in just five minutes
didn't bother checking out the squid game coin!
how can people be so... stupid...oh right i know.
what a thiscount, now is the time to leverage your mum's house!
this is why marketmove is a good idea
sorry for the people who wanted to get quick-rich and the outcome has been the opposite.
sad but those people should have done some research
they made a crypto based on squid game? and they made it cost almost ?
only one person can win the squid game i guess.
this thing tanked faster than the
any idea how much the rug puller made on this?
as intended. a fool and his money are soon parted.
the cmc page even has a thisclaimer at the top for due diligence. 2856 to 0.004 in 5 minutes is so steep it is literally a perfectly straight line on a phone screen.
only a few days ago the bbc were saying how the value of the squid games crypto had skyrocketed and then how people couldn’t sell. i wait to see what they say next.
this bull run’s version of bitconnect?
but crypto isn't a scam fucking lol
well... can’t say i’m surprised. nothing to see here folks move along. just get rich schemers getting rekt
hopefully people will finally learn: crypto is not a get rich quick scheme
if it is on binance smartchain and has a stupid name built to ride the wave of something that is already popular, that is huge red flags for me. shout out to the dead!
does the price go up as holders get eliminated?
yall have been eliminated.
where can i buy that?
this is why we cannot have nice things
someone had to one up icp
rip to those who bought. hope it’s a lesson to everyone not to buy any random shitcoin out there
accurate as game! perfect!
on to the next one 🎢
certainly, this will pave the way for thousands of new copycat scams, right? oh, boy! exciting times ahead <wrings hands>
the idiots who bought ‘squid game’ deserve to lose their money. wtf a netflix show need a currency? this is hilarious
wait. people watched that show, then bought a squid game coin? what the fuck did you think was going to happen?!
icp fans breathe a sigh of relief
i wish i could say i feel bad for the people who lost but my god i do not. this shit was practically screaming at you that it was a scam. at this point i'm sure the logo of the coin could have been an actual red flag and people still would've bought.
i saw that when i woke up, holy damn man. i was so tempted to get on despite the red flags but put my money in evergrow instead, guess i dodged a bullet.
they need more broke people for the game next year, its just a different recruitment approach
there was a contender, mark cuban invested on ii. was it iron finance?
pretty much the show in one coin. everyone trying to get rich quick and started doing dumb things and got fked.
i like how meta this is. players new it was a death trap, but still opted in to play. there was a prize money on thisplay that no one could access. people actually got played, not in a game but in real world. low key respect for criminals. on a serious note, hope they get cought and prosecuted. they had to have kyc verified to exchange for fiat, right?
why cmc even lists these shitcoins? i know they are binance whore but they should at least pretend to be legit little bit.
can anybody please explain , if , someone sold at 2800 or something would he be able to make bank before the rug gets pulled ?
so now i believe rug pull record has been broken? i cannot think of any coin that came close to this one...
i refuse to believe something based off a meme would only be relevant for a short time.
i guess the coin provided the only value it ever really could have, another story to tell.
lol this wasn’t a scam or a rug pull. the token functioned exactly how it was proposed to. people are just so fucking stupid that they didn’t bother to research the first thing about what they were investing in. and you know what? good. want to be an idiot, you get fucked like an idiot. it’s cruel, but it’s nature. that’s how the market works.
people are still buying it? the volume keeps going up wtf!
i wonder how much they made. kinda absurd they ran away with so much.
only clowns 🤡 buy this shit
yeah, that is the thing about squid game, everyone watching the show think they could win it, but they will all die in the first games.
i put reddit down for just a few days and comeback to this, what the actual fuck lmao. genuine question though, why were people buying a coin they could not sell? if that does not scream shady i do not know what does.
weird. it is like it is a scam or something. this crypto thing.
who cares, if we keep posting about these shit coin rug pulls, that’s all we’ll have on here. it happens all the time, squid game token only has a (very brief) 24 hr volume at 14 million. very few people bought this.
next squid game contestants will be those who lost thousands on the squid game coin
not a bad haul for a quick rug pull.
ah the classic baptism by fire
i always knew that this coin felt ….fishy!
this is why random tokens are a no no until they can begin to prove themselves. holy shit some people gotta be hurting from this.
damn from the thousands to subpenny, truly a shitcoin...i guess some people have money to burn, the same dumb people are rippin us off in bills
there was really a crypto called squid game or is this a joke? lol 🧐
and i was sad i didn’t buy…
i was planning on dipping a couple hundred onto this token but never ended up doing it after reading that people cannot withdraw due to having to have 'marbles' to do it and like nobody had marbles.
don’t buy the dip
y’all crypto people have my laughing my ass off at something different every day i swear
that's crazy. was it listed on any big exchanges?
if you fall for such scams, you are just too stupid and you deserve it
well it was all there in the white papers, the dev didn’t even try to hide the true intentions of the scam…they were smart to capitalize on the popularity of the show. sorry for anyone who fell for it
they bought in? …dooomp eet. but on a more serious note hopefully those idiots learned their lesson. wtf would you ever buy a coin that the majority (besides a select few wallets) can’t sell? crazy.
can someone explain how the scam worked? did everyone buy the coin from the scammer himself? then what did he do to crash the price? did he sell it all to someone? can you mine this currency?
oh damn, people actually bought into that
[ sorry but it was in 5 min xd
imagine buying a squid game crypto, get a grip lol
can i still buy this coin?
it worked as intended.
you should look at dogelon mars (elon) on crypto.com app
tgis is gud for butcoim
its a fuckin scam. this is why ill never get into shit coins.
probably more of a money laundering thing. i didn’t hear about it until like 2-3 days ago and it’s already gone.
show me a new alt-coin with a massive viral marketing push and i'll show you a pump and dump. happens everytime. shit like this is a huge barrier for getting crypto currency legitimized in developed nations.
anyone dumb enough got what they deserved.
how much did they make off with?
been a while since we had a nice rugpull.
idk how y’all even hear about these coins
this is why i dont blind follow
can someone explain to me how the price fell if no one is able to sell? shenanigans from the developer?
the first cryptocurrency that was honest about being a ponzi scheme.
i mean haha funny and all but did it actually hit ? thats insane lol
lol only idiots invested in this. congratulations.
did you read the description of it ? sounds about right
who's hodl'n? to the moon!
ummm... this am not a rug pull... that my sonny is a pump and dump. if you're going to talk shit, get your terminology right
god the sec is going to have a field day for exhibit a
how much would that team of scammers could have made in theory?
i feel bad for all the squids out there. horrible publicity for the poor animals ;)
it’s not a rug pull, it’s a volume.
deserved. people bandwagoning on stupid fads are the reason the rest of the world cannot have nice risky things.
as trump would say: sad
this cryptocurrency has had many symptoms of being scam since it came out, it was noticeable on all sides.
would be funny if we found out gary gensler was the one who got rich here. he needs a reason to point to in order to regulate.
when buying into a coin names squid game, what do they expect? it’s squid game of course. 456
i did not even know this was a thing until now, but it seems odd to me that they would do this so quickly if it was only for .1m ?
the website was so bad, the footer had tweets from elon talking about squid game (the show) but the website said it was about their coin lmao
stuff like that can’t be legal surely???
damm, and me thought it was going to be the future of money 😱🤗
well deserved for scammy bag holders.
oh but meme coin good for the system!
squid game dev is the korean betrayer, and the buyers are ali with stones.
i dont fully understand crypto hopefully someone can explain this to me. in order to buy a coin you have to have someone willing to sell you one right? they arent created everytime someone wants to buy one. so in order to sell one, you have to have someone willing to buy it right? so in a rug pull this extreme, i could see someone buying as it started to "dip" as a gamble, but once it starts crashing 30%, 40%, 50%, 60% who is buying the rug pullers sells?
well for one thing people who did not know how to trade crypto on defi swap had to learn. in reality i like to tell people best place to start investing in crypto with little knowledge is through an exchange and to keep it in there until you learned about the market as a whole
have you not seen squid game?
it was in the fuckin name what did they think would happen
at daily chart is hilarious.
i remember reading bitcoin went from like .01 in a less than an hour or something at one time
i heard you can buy it but you can’t sell it
they are icp's big bro lol
what was the exit strategy for investors?
the problem with your comment is the term profit. there was never any profit. you had an extreme inflation of price, solely because of the inability to sell. if both market forces aren’t in play (buying and selling), you don’t have a fair market value, and thus you never really had any profits. so when the flood gates opened, everyone probably had market sell orders ready to go, so boom instantaneous worthlessness to this shit coin. i really hope people learn from stupid shit like this , none of this type of crap is good for crypto.
developers actually so thisgusting. prevent people from selling, pulling the plug, and walking away with their untraceable profits.
yikes, people got fucking rekted
why could not they sell?
go figure, a shit coin is shit. i can’t even feel bad for dumbasses that fall for this shit anyone
still clueless as to why people get involved in these scams
you're telling me this is an opportunity to buy low?!
just curious, if nobody could sell, wouldn't the price stay the same? how did it drop do fast, if everyone was holding and could not sell?
gif of michael jackson eating popcorn
harsh lesson for anyone that invested
i just saw the graph and it was the most violent price action i've ever seen. rip for those who bought at literally any point.
sorry but is not it easy enough to trace the address that stole the liquidity? we are talking about a billion!
how is this possible ??
this is the reality of crypto, most of it is a scam and we all know it... these guys just got the the end zone faster than most. this will be a recurring theme and then the gov will get involved, "to protect us". there are 1000s of vapor ware "coins"... not much different than fiat but you can at least spend fiat for now.
what is the one thing people with money and the poor have in common...
that was fast. they pulled out the sugar thisc's and everyone got umbrellas...held by mona lisa
when will people learn to stop buying shit coins
there's a live stream video of the second it happened, it was an instant dip. what a beautiful video
when your ganbuu runs off with all your marbles.
if we still need to post scams like this on this sub then my god we are definitely still early in the game
it was not a rugpull, it was a scam. there was nothing to invest in.
this is by far the biggest rug pull in the history of crypto.
now go to youtube and search for "squid crypto" and report and put among the channels ignored all the idiots who pumped this shit in the past days when it was clear from the first moment that it was a giant scam!
honestly i feel no sympathy for anyone who lost money to this scam. i mean if you did even just 1 minute of research you would have seen the writings on the wall. stop believing that you can rich overnight, chasing coins that have already pumped 10,000+% and somehow thinking it will go forever and basically brainlessly buying any coin that has a flashy name or logo, instead do actual research on your coin and you will be fine.
meme coins just are not the way
lmao get fucked idiots
that settles it. i'm going to commission a token called rugpullcoin with locked liquidity. the entire whitepaper will say how you should not invest in this token unless you want to donate money to me.
i did not even know that was a thing
i mean, it is called squid game for crying out loud. that should be a glaring sign right there
squid game is not over pals
wow, what a great time to buy!
i’m trying to understand how much money the devs made as well as market cap. at peak the price was around . this is a marketcap of like 2 trillion. edit: i can’t math
people bought a tokens named after a deadly game where everyone dies and only one person gets money? damn...
don't kno whether to cry or to laugh
prison time for these guys
who the fuck is buying these shot coins? i am genuinely asking. if you purchased this please tell me why.
rip to all those who got honeydicked.
cheers to me for actually looking up squid game thinking it was a real coin 😂
that’s insane, next time i’m buying a dollar of the hyped shitcoin so i can get the world record losing money speedrun
it's not a rug pull, they launched at a high price. 2t marketcap. buy the dip.
a fool and his crypto
idiots got what they deserved imo
it's so crazy!! i didnt pay attention to this at all. but it is amazing how it got to 2856 per token?!?!?! wtf?!?!?!?! wow...and ppl actually bought this? i cant believe this. what a good lesson ha.
what is this? squid game was a crypto??
and the squid...was an octopus lmao
some people will claim they are still in gains, no worries.
lol, imagine thinking a crypto named after a show where all contestants are in insane debt is a good investment... lol
so they couldn’t pull out their money??
to the people who did this ... you r evil an no good ... return the money and get forgiven otherwise live with stealing from your brothers and sisters for etirnity ... we will all come together and doxxxx the fuck out of u
it's amazing how much power actual coders & real tech guys are having nowadays. they can just print out of thin air.
haven't seen squid meme and do not fuck with crypto who this?
what's the opposite of to the moon?
who are the baller buying up the way lol
since it is not regulated is it against the law to make shit coins and pull the rug right now?
the actual squid games in the series were honest and made the fair level field for all participants, unlike this f!!
we will pray for the squid lovers! 🙏
when 200% average profit per year are not enough.
i just say hodl until you fall through a glass pane 40 feet above a concrete floor.
simulates the popularity of the actual show i guess
how? how could anyone not see this coming?
well, duh. it was obvious in the show only one person gets the big money, the rest of the players get slaughtered. that one person is the game creator.
wait. people got that into a show, that they invested in some silly internet coin for it? oh boy, they deserve to lose money.
this is my favorite scam yet. the devs literally tell you in the white paper you can’t sell. the most honest scammers to date.
anyone knows how much money the creator of the token has made from this?
flim-flam thank you madam.
this is why i really appreciate this sub because i may have bought it if i had not read it was a scam in here!. thanks to everyone that advertised that fact!
anyone have any idea how much they walked away with?
why fbi does not investigate?
\-100% are very rare, regular exit scams result in -90% up to -98%, because there are always some people buying the dip. other case of -100% i know is titan:
anyone else think this shit is fake? i do not think it actually had 30b marketcap. manipulation going on here for sure.
these rug pullers dont care causing issues to the crypto space and dont care about what regulations will be made. they only care about making profits while its possible. once regulations come out. they will move onto their new scams. also was it not possible to pull out profits earlier?
yup someone filled their pockets nicely. probably someone who’s already got wealth too 🙄
i'm honestly not surprised to hear this. there was warnings all weekend about this happening.
this is why regulation makes sense. this is why regulation will happen its not a matter of if its just when. to be clear before i get down voted to oblivion, i do not think regulation is a great thing but things like this will 1000% make it possible for regulation to happen. sadly i bet this one would not be the cause but it will take a big one of these scams to happen and then boom regulation market.
they played "red light green light" for real. and you all lost.
these guys will go to the hell.
i think if you're stupid enough to buy into a crypto named after (what i assume is) a copyrighted show name, you should have the rug pulled out from under you
stuff like this is what's going to crash crypto this year. that happened in 2016 it will happen again
and cnbc and bloomberg pumped it to its millions of followers lol
if you thought the show was good, you're an idiot. if you thought buying the crypto was a good idea, you deserve to lose whatever you lost. simple as that.
talk about running into a wall.
so how high did the marketcap get to?
reddit squid game contestant eliminated!🤣
can we get a eli5 on this? never heard of "squid game".
yeah its happened many times lmao
buy the dip amiright? 🥲
i just learned this coin existed and that it did exactly what i'd expect in 5 seconds flat.
how do you find these types of tokens? you can see this rug pull from a mile away.
surely a sign to only invest in crypto with specific purposes rather than anything gimmick or meme-based. i would never have bought anything so... questionable
i'm making the elonamongus babysquid token soon ,stay tuned
that's why you do not invest solely to make money. everyone just wants a get rich scheme despite knowing those do not really exist. set a strategy and stick with it.
isnt that the point of the game only one person winning and that was the dev
this definitely would not happen to my dogelon mars coins.
so how much did the last man standing win ?
i dont feel bad for people who bought something they intended to quickly flip for profit. you knew exactly what it was but were too stupid to see you were the mark. an idiot and his money are soon parted.
my colleague was telling me about it but did not take bait... mind you he did tell me about evergrow at same time
easily solved by options...
some people lost money... but did you die?
if you bought a "currency" based on what was on tv last night, i have terrible news for you...
just like the show, an awful episode is coming
why be sorry for anyone who bought this? it comes with the territory.
knew this was coming and is why i told anyone i knew who mentioned it not to buy
how did they do it? could the developer of the scam just withdraw the 14 million?
awesome! exactly what crypto needed
lmfao, sounds just like the show
so glad i just watched the show and had nothing to do with this red light green light rugpull.
so... this is a fork from ohm, eh? 😏
so it is time to buy then? i wonder what it is worth in 3 years...
this has got to be a guinness word record, for rugpulls.
if you got rugpulled by one of these obvious scamcoins i have 0 remorse for you and i hope you learned your lesson
anyone know how much the dude made?
so what you're saying is that it is a good time to buy in or double down, correct?
oh this isn’t the first one. dyor
buy the dip guys
how much money was rug pulled?
how long did titan take to collapse?
xqz me. what is squid game? 😳
the rich take from the poor, ironic
time to buy the dip!
wait, did it just pump to ?
game score even went the exact same statements.
we are gganbu now
anyone know how much money they got away with?
people know shit about fuck 🤦‍♂️
correct me if i'm wrong but was not this the whole point of the token? everyone buys but only one winner?
plot twist it was mr beast
it's just like the real squid games. people go into debt and only 1 winner. lmao. people need to learn to invest in solid projects like vet, bitcoin, eth.
that’s crazy i remember just a few days ago it was under
that was fast... i thought this was gonna go on for years. when i heard the coins were locked so no one could sell and the price would never drop, i was sincerely impressed with this scam. it's really similar to the game (without actual death).
so what your saying is buy the dip? 🤣
im an island boi
time for liti finance token to do some sleuthing?
what kinda magic is this?
could someone enlighten as to how they were able to sell if people saw ahead of time that the price was being rigged out in the open? do you just stop buy orders, or were people just unaware?
just a minor pullback, btd
getting my popcorn and debit card. enjoy the show everybody!!
what if a scam thisguises itself as a real coin thisguising itself as a shitcoin. like i could start scammyshitcoin and people might buy on the assumption it is a real coin masquerading as a fake
do you think the inventor of this was the old man or the front runner?
just buy the dip
woah! when did that happen?
gotta buy some for the sake of owning history!
and this is why we don’t chase the latest alt-coin craze without first researching it!
a lot of people (myself included) warned that this shit was a clear scam. you only needed to read the whitepapers to see that. always read the whitepapers when you're about to invest in crypto, my dudes
everyone who invested and lost money on this only has themselves to blame. 3 minutes of research and 1 minute of clear thinking free from fomo and you'd know not to invest.
i won, give me my money!! oh no i lost
99.9% of crypto are scams. you have a better chance of hitting big at the casino.
i never seen this show but now i know what its all about haha
what does this even mean, i didnt know about a squidgame token
so 001 won his own game on the dedicated squid games token. congrats to all those who got gunned down by red light, green light financially lol.
it's a healthy correction guys
that’s impressive. see you all at the next rug pull!
iron or something along those lines was faster and worse if i remember right. but i might not remember right. titan was the coin. went from .00000006 overnight - not sure the exact timeframe.
stay away from anything about squad game, only one winner, all others lose, and we are just one of them.
juicy dip, time to buy
jeez. now i need to go watch the show to see what all the buzz is about.
hahaha, jokes on you, now i can buy the dip
til there was a squid game token
a prequel to squid game to show us how 450 people got in huge debts
that's not the moon. that's the sun blinding people.
anyone involved in this had to expect it
calm down people. it is just another test
when you could only buy but not sell…… everyone knew what they were getting into.
squid game token, well, that one was just too obvious... crypto has way too many scams. and the worst part is, exchanges list them without doing any research. exchanges are pretty much the only intermediary who can prevent scams at the moment - by not letting tokens be listed if they seem shady. some criterias should be fulfilled to get a coin. for instance, the team.
i’m not a crypto holder, and its shit like this that makes me not want to get into it. i’m sure most crypto is legit, but i absolutely can’t wrap my head around any of this stuff. why would anyone purchase a “coin” based on squid game? how is this an investment? why does it feel like every time i log into reddit someone is pushing a new coin? it feels like digital fairy dust built on nothing but promises. i really don’t mean to thisparage people who invest in this stuff, i’m just trying to point out my outsider perspective of absolute true confusion. if anyone would be willing to explain what the hell crypto is even meant to be simply, i would appreciate it. i’ve tried teaching myself by looking around online and i honestly can’t grasp it
it makes me question many other coins trending in the market rn ! shiba is one such example ! i need to know what coins cannot be rug-pulled for my financial safety.
stupid enough to invest actual money in stuff like this. don‘t waste your money people.
i am confused because did not the white paper say that its literally gonna do what squid game did. like it said you could not sell when you bought in and there was only gonna be 1 person that would walk away with all the profits
play stupid games win stupid prizes lol 😂
can someone eli5 what happened here exactly? how can someone make money from selling it if no one else is allowed to sell it?
tokens such as “squid game” is just one reason it’s imperative to review, research, and verify that any cryptocurrency asset and it’s developers carry validity.
don’t invest in shitcoins
i did not follow this at all since i was focused on mana the last couple days. sounds like this was the latest rugpull?
not sure why you would feel bad for people trying to make a quick buck. their bucks depend on others buying into the bubble. not many people who have any actual use for crypto. almost every single one of the so called investors is betting on a sucker buying into the hype.
this was worse than pawgcoin
they should of invited all squid holders to an "event" where they fight to the death. winner gets all.
those are redflags when coins are relatively cheap and these random tokens pop up out of no where all of a sudden
i honestly applaud the devs and anyone who is involved in marketing these obvious scams whenever it happens. if you're too stupid enough. only thing curious on is how much of a bag the scammers run away with. i do not condone scamming but at l can appreciate the effort in hustling a bag.
i wonder how quickly people will start buying it again?
should i buy the dip???
accidentally came here from the popular tab and im just gonna drop my lmao and wish you all a nice day
i do not feel sorry everyone knows the drill by now and if you do not do your own research then fuq you.
i recognize all these words, just not in this order
squid game at its finest :d
lesson learned to not just jump on the newest bandwagon right away. use what you learned so when season 2 comes out and they try to revive this coin.
nope not the quickest whatsoever just survival natural selection at this point, learn to code and you would not fall for stupid coins. hell just go to school and you'll grow some brain cells.
good thing i moved all my money to poopycoin before the peak
what was the namr of the coin? my old high school mate randomly messaged me flexing about a squid game coon and how he has 200k in a wallet right now and promised he was not flexing lol
everyone who brought this crypto died financially and only the game master (developer) got rich
i wonder if we're gonna see some legal action over this one. not saying they have a chance but damn.
i thought squid game was a korean show on netflix
what's that you say? the \-gimmick-coin was a scam? people got ripped off? wow so unpredictable. i mean, i am "glad" to hear the story of how this turned out, but like, fools and their money are soon parted.
i, for one, am shocked. shocked i say.
neither the biggest nor the quickest.
damn might grab some now for when the fork (season 2) comes out
really hate to see it.
they won the game
good on the devs, they deserve it.
i guess the real reward was the gganbus they made along the way...
i'm not too big into crypto these days and only heard about this through a friend after it rugged, but what i do not get is how these projects manage to reach such a wide audience - like where do they advertise their shit so that everyone and their mother seem to know about it?
i’m sorry i’m confused, why was squidgame a scam, what happened?
sounds like the devs realized they could trick everyone and be the true gi-hun
i feel like this is what's going to happen with that fjb coin too
their white paper states that when you buy the token you cannot sell it for the next 3 years. nobody read the white paper.
should i buy the dip
this is why crypto it does need regulation. those people that bought in ill probably be turned off crypto forever now
just had a look at the chart on coinmarketcap, it just drops straight down like a cliff. wow. i've never seen that before. all time low was 8 hours ago.
i cannot even feel bad for the people who bought into this coin, even if they are new to crypto! sorry guys and gals but the hamster is smarter than you!
am i the only one who does not feel sorry for the victims? don't be greedy and research before investing.
well does not seem like this was ever a secret right so i am inclined to congratulate the coin designers
never trust any viral bitcoin with no history.
man the crypto cult is crazy. like 1-5% take advantage of the system and make money they actually get to see and the rest get tricked into pouring money to inflate prices. gotta love stupidity scams
i hope to operate a rug pull one day. must be nice.
"thank you for your investment. aaaaaaand its gone. next!"
the vips realized they can fund next year squid game through crypto gamblers instead of their own money.
any idiots chasing the crypto scams deserve it. if you really think you all can get rich quick with this, do not cry when you get scammed.
what kind of fucking moron do you have to be to invest in this shit?
its coins like this thats gonna fuck the rest of the crypto market over. allowing to buy but requiring strict ways to liquidate. if the sec gets a glimpse of this they might step in and our tendies will be fucked
dodgy coins do dodgy things
that was very fast.
not the quickest. definitely one of the biggest
get rekt, shitcoin chasers.
how much money was pumped into this coin?
anyone that bought in deserves to lose money
so dose that mean there is no season 2? r.i.p, or maybe s2 is going to destroy our minds? very interesting! btw hi everyone i am super new so figured to say hi <3
i'm just going to start a coin called pugrull with the same exact white paper and see what happens
so i can quit watching squid game because the result is same
it died faster than my hopes and dreams
why does not it let you sell?
i could not even figure out how to buy it so thats good
where do you guys even find those coins... if its not in coinbase or binance just dont.
this is hilarious. if you were stupid enough to buy into this then...wow
nice post but i won’t read all your comments as i didn’t finish squid game yet. see you 😂
that's the season 2 that everyone were talking about
two words: tulip mania.
typical pump and dump.
creator graduated in top of his class.
how did it get up to so much value in the first place?
it's even bigger than icp
worst part is, the twitter shills are out in force. they taking a page from call scammers playbook by shilling to squid game token holders.
hey, so if we had tokens staking on the website, is there a way to emergency withdrawal from the staking pools to access the lost tokens staked? please help me if anyone finds information dealing with this subject.
can someone explain where to find these coins they're not on kraken or coinbase
lol.i just learned there was a squid game coin...hahah
that was one hell of a game.
wait, so there is a crypto coin called ''squid game'' and it was totally sus but everyone jumped on it anyway like hyenas? bruh... at this point... can i really feel sorry?
what about ice poseidon's cx coin. he's still bragging about it and said he would scam his userbase if he ever made a coin. he just copied and pasted the code from some other scamcoin. there's a bunch of shitheads involved with it. ice poseidon, his girlfriend kim, asian andy, moises. they built a community on racism, got kicked out of california for harassing so many people, and now he is bragging about the tesla he bought by cashing out his cx coin. just look at this shit...
the name is a dead giveaway that it’s not gonna remain…
imagine going yolo on the token just to get rugged faster than you can blink... ouch
how much did the creator make realistically?
did they at least serve food?
who would've guess making a coin for literally anything would lead to a rugpull done in so little time it would be blinding.
if you lost money then it’s your own fault!
what is interesting is the market cap at the top exceed that of bitcoins. squid games market cap was around .6t
why is there a token for a tv show and why would people buy it? what is the value based on? revenue the show makes? why did it loose 99.9% of its value in 5 min? sorry, im new to this!
seems like a good buying opportunity
zcash and bitconnect come to mind
honestly, saw it was up 200k% and just knew it had to be a rugpull!
lol, the fact you could not sell the coin was the biggest red flag.
now i see why so many people are struggling financially... was this really even a lesson? like if you really bought into a random token that doesn’t let you sell... you’re probably the same type of idiot that perpetuates the nigerian prince scam
man. you guys are so close to getting it...so...close...
so you could buy but it wouldn't let you sell?
i’m curious to know if at least one person was able to cash out, i mean, aside from the devs.
this will likely catch way more media than btc.
isn't the liquidity for squid game not locked? why the hell would anyone invest in something like that?
wow, i feel sorry for anyone that did not truly understand the implications of getting into that
since you asked someone to correct you, i’ve seen many tokens go from ath to zero within minutes. all based on how fast or skilled the rugpuller is in editing the contract and liquidating through other coins. as far as the price movement, this is the most dramatic i’ve seen, but percentage-wise it’s up there but likely not the fastest. either way, the whole story of this one being called squid game and going from thousands to cents in 5 minutes means we should herald it as the biggest rugpull of all time for history’s sake.
hodl ! buy the dip
is squidmooncoin worth buying?
the rugpull was not exactly a thunderbolt from a clear sky ...
i'm impressed that they coded that logic.
now i wonder if someone could make a hunger games, or saw shitcoin.
bsc, go figure... pancakeswap gets another one.
didnt mark cubans crypto titan have a remarkable rugpull, like 3 months ago lol
they blocked reselling of the coins did not they?
pretty sure iron finance has a similar or near similar rug pull as well?
vitalik needs to do something about these scamcoins popping up on his eth network.
what i still do not understand is how they prevented people from selling their coins on the dex. is that true?
hope someone lost enough money to investigate and sue. fuck scammers, they are skid marks.
lfg!! buy the dip🚀🚀🚀
that's ridiculously irresponsible. it's like humans should have some base level on intelligence when approaching situations like this. cough
most obvious scam of the year
so was anybody able to sell besides the devs or no?
so the game is real now, not just a tv show.
what? how the hell did it get to over 1$? this is ridiculous
gotta be honest. after looking at it over at coinmthere is still activity going on. people are still trading it.trading volum was at 11.3m right after the rugpull. now 16.9m. im feeing we are going for a new round guys. buckle up pancakeswap.finance
so that is what a rug pull looks like. noted
squid game was very interesting but the ending was meh.
who buys this crap?
i took my profits and left as fast as possible. i made 2k in like a day and called it quits.
would it be fair to say that this was the e.t. the video game equivalent of the token world?
they rugged the associated token too: marbles
thing is if you just bought the coin and sold at peak you're winning rn
i mean it was fair, everyone had the exact same equal chance of winning, and isnt that the whole point?
the coin was playing red light green light and all the players except the devs were eliminated
i read it was a rugpull that’s the reason i stayed away from it.
for real like how hard is it to start your own cryptocurrency?
the one who buy this coin, did not know anything about crypto
good time to get in?
the fact that anyone expected to get rich off of this has weakened my faith in humanity. it was so fucking obvious from the start.
some people gotta learn the hard way. no need for regulation when people regulate themselves.
lol why do you feel sorry for anyone who bought into this
but eli5 to me, these coins cannot be sold right?
lmfao. this is so funny and horrifying awesomeness. congratulations to the pos devs
...but let us be positive about this, it is only fallen 100% while it went up 8300%. which is a much bigger than a 100%, so that is good. \-[patrick boyle](
lol... hey guys... buy the dip!
i did not even know a token was created after the show lmao 😂
why would it need to have gone down at all? the rug pull was just ongoing and continuous, the founders already had the goods, what does the price going down even mean to begin with in this context?
but it also went from .08 all the way up to .
i’m new to crypto….i want to invest in coins like shib, around when they start, but how do you know which ones are real and which ones are gonna be rug pulls like this one??
did anybody actually made money off this besides the scammers
absolutely hilarious. zero sympathy for anyone who lost their money 😂
rug pulls are usually instant
who could have seen this coming? lol
tons of shitcoins have dropped off like that almost instantly. there are tons of rugpulls. this was all a scam... people lost their money the minute they bought the token. there was no way to get their bnb back.
guys i need advice on what to put my retirement money in, moonsafesquid, elonsquidmoon or dogesquid?
cryptoeats might have the record for rugpull speed running idk tho
lmao. "you get what you fuckin deserve"
i can’t feel bad because the rug pull was in the name …
the devs won the tug of war
sounds like everyone voted to go home.
\>i’m sorry for any of you who’ve bought that token hoping to make a quick buck im not
where can i even buy? not that i want to, but i want to see price action history.
i tried to warn people... this one was obvious to me.
is this legal? how does on even do this? is it possible with other coins?
how do you make it so people cannot sell it?
there was seriously a crypto called squid game. bruh this shit is ridiculous
how can we buy squid now???
i love seeing this happen, shitcoins are creating idiots
only planta vs undead can compete lol
that's what no project looks like
i dont get how they made the price so low, when a fair portion of the token was held by the public. how is there legit 0 value anymore
how much did the scammers make?
so is the person that made this squid coin currency going to get into any legal trouble?
maybe a dumb question, but is this illegal? or is it fine because crypto is speculative?
one dip, im definitely not pickin up
so… perfect time to stock up??
who bought the coin right before it got dump tho, new to crypto but that means someone just bought a huge volume of squid token just before the dump right
pulled out a big jordan belfort. sorry for everyone who fell for this
this is why we should have the "special hotline" phone numbers somewhere on the thread.
as someone who's never heard of this how does this happen? who orchestrates the drop and how? who invested money in this shit in the first place ?
10 mins? wasnt it in like 1 second? which lends the question, did the devs even get out?
well on to the next one, here comes squidelon moon doge
the way this is
everyone could’ve voted to leave the game at any point.
it takes about 30 minutes and about
"we all knew squid game was a scam as well as a rugpull..." boom. we're done here, folks. gj
how’d i miss this shit
was it on pancakeswap? if so why would they allow this scam to be listed?
how many scam coins is it going to take for you people to learn
and what a crock, they should make the developer pay that back. pancake swap is a fricking scam.
chill out guys it’s just a healthy correction
this was the children's game version, so more of a tablecloth pull.
in that’s what you call an ass rape
the max anything can drop is only 100%. a dime a dozen.
never heard of this coin - but could not anyone just set a trailing stop order to make easy money?
pretty obvious by the graph. they weren’t even trying to hide it.
do any of these people go to jail or what?
happy with my x2 bagger so far with lrc. .47 and .53c buy ins last week. 💎🙌🏼🦍🚀
to no one's surprise. i'm new at this and saw that coming . not like that bad tho
this looks less like a "dip", and more like "the dip" from who framed roger rabbit...
i do not believe it but i actually made a . of course at one point my tokens were worth 600bnb...
possible to move that quickly if many wallets w?
haha this is crazy! i know very little about these smaller nonsense tokens, but how fast did it take to get to .8k per??
fastest 2 weeks ive ever experienced...
i bet people knew it was a scam and wanted to see if they could make a quick buck to see if they could be the one who takes the cash outta dat fat hog piggy bank... lol
you guys do know that particular crypto it’s self(squidgame crypto) is a complete scam, like as in, even if it dips, it’s still a bad idea to go in, coz it literally is a scam crypto. there was a whole article written about it on how even a lot of crypto experts saw some warning signs, even the webpage looked clunky as shit. i hope that piece of shit who ever did this to you guys pays for it(or you guys get your money back). i was just scanning through the articles and that’s what i was getting. so just be careful, do your dd.
so who wants to test the waters and see if they’ll be the next big winner?
thanks for coming!!! 💸💸💸
i love sorting by controversial on these types of threads. helps keep from complacency.
you guys were gambling with shitcoins when you coulda been playing squid game nft. it's on game right now.
it was impressive how they pulled it off
experienced scam devs, more scammy coin coming near you in bsc not so smartchain.
honestly the overall idea is intriguing - create a real life online squid game based on crypto. given how viral the netflix series is, a competent development team could have created something of actual value based on the premise of this scam coin. and i’m sure several people are still trying. the lesson isn’t ‘avoid shitcoins’. i know most people here would call shitcoins a dumb gamble, but shill you into buying btc propped by stablecoin printing money. it’s all a gamble. let’s be honest. so long as you know you are gambling on, go for it. the actual lesson for some people to learn is recognize the red flags on projects. if any crypto has weirdness around selling, stay the **** away. that’s what happened here. and the white paper was transparent about that! and beyond that, it had a dev team with no credibility and a white paper. if a team can’t even take the 10 minutes to look presentable, not likely to gamble on.
i guess you all guys missed lavacake and frozencake lol, those were the savagest of the savagest crashes.
gotta buy the dip
am i a bad person for thinking it’s hilarious? i mean bad for people and even crypto in general, but come the fuck on who invested in a “squid game” token.
say what you want about the devs, but they delivered a satisfying and loyal to the show experience
except this is even worse. this is like if the rich old guy took money from thousands of contestants only to runaway with it.
they got the experience they were looking for, cannot complain then :)
this is exactly the same tv series, only the place of people has changed with capital
i cannot believe that some people still buy this coin given that his site is out of reach! coinmarketcap warning non-sale inside pancake swap , cointelegraph site and valid sources to confirm that it is a scam! but it still has a buyer
this token seems to have hit the scariest mask for halloween
"for the next game, you must resist buying shitcoins"
the number of scam coins is increasing every day
thats what she said
title of your sex tape
green candle! red candle!!
i think they timed it well actually. right when the hype was at it is peak, after it was on mainstream media.
i wonder if it was because the trick how to sell your squid had been revealed like an hour before?
the devs cashed out billions of dollars straight into bnb via tornado cash! insane scam.
just another day in crypto
sadly i think these are going to be popular if no one does research.
thank god, now i can recover the money i lost with squid with this brand new opportunity 🙏
it will probably have a 10 million dollar market cap within a few days
grab your 'i was here' popcorn at a 20% thiscount
rubbernecking on my way to a 50% fortnight gain.
i had no idea that this coin was even a thing. lmao
forgot to add doge and elon to that name, so probably going to fail.
yup, hopefully people learned from this
if someone in my neighborhood buys a yacht or lambo tomorrow, i know who the culprit is.
they really did. its shit projects like this that will be the centerpiece of some crappy legislation in the coming months.
and that is why shitcoin pump and dumps need to die and be called out on this sub. "cool story bro. you just mad you lost out on a mooning coin bro. stop worrying about other people's money. it's all about profits anyway, next time buy shiba cum flokelon magsafe coin dude." fuck, no. i just hate how so many new crypto users get fucked hard and immediately lose any initial interest and trust they had in the technology. the creators of these coins and institutions with the big money walk away with most of it. every single time. it hurts the market and adoption and i hate it. regulation will be much stricter because of shitcoin scams. it's too much, something needs to be done.
should name the next shitcoin robinhood or citadel that way they will never get investigated
unpopular opinion: if this kind of shit can happen it probably needs to be regulated.
not really. anyone in a foreign country could create a token like this and there is not a thing us law makers can do to stop them aside from rude gestures and unenforceable laws. the paper for the token literally explained that it was a scam.
imagine that this was a big bank just showing how ripe for abuse the space is. now we have to listen to elizabeth warren talk about it like she knows what she is talking about.
i don’t see the logic. you gotta be a fucking moron to invest in this. regulation is needed when you get played by big investors
oh you think like me... bingo! now who could be behind such a thing? i wonder if we'll ever really know.
i get that it’ll happen regardless but i feel like politicians should stop worrying about what people privately do with their own money.
i wouldn't be surprised if this scam was actually run by a nation-state like north korea or russia. seems like an easy way to make 50b
maybe the real squid game was the friends they made on the way down...
so do we buy the dip?
a fool and his squid are soon parted.
a lot of people get in. one person gets out
there was a website, it is gone now lol. part of the classic dfe (delete fucking everything).
were the devs anonymous? that would be my red flag .
how did people invest in this shit. which site ? or exchange
> token has no purpose or fundamentals behind 99.99% of coins and tokens
how much did they make?
dumb question i’m sure, but why couldn’t they sell?
points 3, 4 and 5 did not stop shiba from mooning...
6. the people they listed on the site as part of the team did not even exist
it's just a correction. healthy for the market.
don't encourage them, some of them are gullible enough to actually do it lol
time to throw my life savings at the dip
it has bottomed out. can only go higher at this point
reflections baby . anything else you say is fud.
the contract has a whitelist of wallets that are allowed to sell according to what i was reading on the cmc comments yesterday before the rug was pulled.
> based on wallet activity, it’s alleged that the developers of the game walked away with approximately .5m of untraceable bnb after using tornado cash – a site used to privatise and hide transactions on the blockchain – to ‘clean’ the stolen funds. is what i read on [yahoo](
from what i understood on pancace swap the token owner
that's gotta be at least 45.6 billion won in profits
am i the only one not feeling sorry for those that chased the pump with no prior research?
i waw literally reading about it in bed and woke up to it crashing lol
yeah lets wait for squidgame season 2 and we make the next one and push it to a top 10 market cap crypto.
i woudn't call it amateuristic is they got over 7k bnb from the scam. that's well over 4 million worth.
saw this on the front page. haven't a damn clue what the context of this post is or what anyone here is talking about.
it's been in the daily a fair bit in the last few days and the top hot posts in the last 24 hours before this post were all up there talking about how it is a scam.
that rug really tied the room together man…
well at least you can look back at that amazing but of time you were a millionaire before getting wrecked.
imagine a tax on unrealized gains
still not as frustrating as getting rugpulled by golf clash
for our friendly shitcoiners: reading something on reddit is not research
to be fair the binance warning about shib successfully convinced me not to invest about 3 weeks ago. thanks binance.
the thing i do not understand is how do these people who cannot research a project actually find these projects?
they dont outright call it a scam though. if they or any of the crypto news articles had the balls to say it was scam outright. a lot less people would have been scammed.
they shall play the game to win all the funds rugged by the developer
red flag, ~~green flag~~
feel sorry for the squid holders that were sitting on it when the red dildo landed.
>half an hour ago i'd have 'made' 52 million which you would've helplessly watched fall to €0.50 since the token contract would've prevented you from selling.
imagine buying the coin with a trailing stop loss...
what was the market cap?
did you shit and did you giggle?
wow, sorry to hear that, i know you didn’t lose a bunch of your money, but we all dream of that day.
i get you only put , but appreciate how gutting losing that little bit of hope it was legit must be. here’s hoping you hit a real one buddy
i think they have lost their minds
buy the dip dooooooood
if you can’t handle a -99.98% drop then you don’t deserve it at it’s best, or something
plenty of support at !
here's the thing though,and this is an unpopular opinion, those regulations catch literally 100s and 100s of people scamming others like this and throw them in fuckin jail. if there were even basic regulations in place shit like this most likely wouldn't even get off the ground because you would have to register your project with the government and have actual human beings as registered principals with fiduciary responsibilities who will be held responsible if it turns out to be a massive scam...mr squid game token would not do this if the government knew exactly who he was and where he lived, and even then if he still did it he would have to thisclose weeks or months in advance that they were selling their stake and exactly how much of it, it would all be public everyone shits on "regulations" but the vast majority of them are there to protect consumers...everyone always points to the few that are meant to game the system in favor of institutions like the "accredited investor" lock-out but they never mention all the reporting and transparency rules or that your money in a bank is insured, or that a principal officer in a company has to publicly thisclose that they are selling stock on a certain date and the 100s of other rules that are in place solely to protect consumers(us...investors) from scams like this. at the very least those consumer protections need to happen, especially if you think this tech should be or will be adopted en masse
it’s amazing how even in 2021, people are willing to put money to widely known scam. feel like i’ll create my own coin lol.
are you telling me that my shitcoin is not going to overtake bitcoin
few good million into bnb via tornado cash
i think it has to do with liquidity but i'm not sure
yes, you can do anything with a contract that you can imagine programming into it: i.e a rudimentary white list set of functions that would consider addresses only from an approved attribute list: function startwhitelist(address[] _addresses) owner { for (uint i = 0; i < _addresses.length; i++) { whitelist[_addresses[i]] = true; } } function stopwhitelist(address[] _addresses) owner { for (uint i = 0; i < _addresses.length; i++) { whitelist[_addresses[i]] = false; } } modifier onlywhitelist() { require(whitelist[msg.sender] == true); _; } modifier owner() { require(owner == msg.sender); _; } function () payable onlywhitelist public { address investor = msg.sender; whitelist[investor] = false; probably wouldn't work first time, i'm not the most talented dev out there, and i missed out the section that would declare the attributes because i cannot be arsed looking up what types they would be, probably unit256 anyhow.
tokens need smart contracts to be executed. do yeah, can be done.
only if you're the vip
well, one person can at least
my friend aped in 5 bnb for this like 2 days ago he was showing off how his squid reaches valuation of ...
nah. fuck ‘em. if less people went greedy mad over these stupid coins, the coins with proper projects would have more money behind them.
feel bad for people on literally any other project. not one that literally says in its whitepaper this token cannot be sold. play stupid games, win stupid prizes. ' if this was shib i would feel bad.
- ignoring cmc warning - not reading whitepaper - shrugging off countless warnings everywhere as fud how do people feel sorry for those who do all this? school money was paid.
lmao such a way of saying goodbye losers
does it matter if you cannot sell when you try to?
*nobody expected that *
sort of like decentralized perpetual liquidity protocol (dplp) that [toad.network]( invented.
use padswap.exchange like me, since i'm there i can sleep i know the dev cannot rug because they do not own the lp, they donate it
i used to play "shitcoin roulette" . wore me out. keep your money in safe places like toad.network. decentralized liquidity. and their lp farms will never run out. i sleep very well at night having alot of my portfolio in the toad ecosystem. take a peak. safe investing.
lp token farming is a new and experimental concept only on the toad.network ecosystem. the goal of lp token farming is to decentralize the liquidity. in most projects, the team holds a large amount of liquidity and promise to lock it for a certain period of time. at toad.network, we give all of our team lp tokens to the community, allowing people to farm them. besides providing more liquidity for users, this makes the project "rug-pull-proof." all of the lp tokens from the team go to farming pools that drip slowly over time to those who are stake their tokens in those farms. # is lpf better than a dev lock? first, we need to understand what a dev lock is. a dev lock is a mechanism by which projects compensate the developers of a project. in essence, when a project is created, usually part of the liquidity captured during the funding process (ifos, icos, launchpads…) is locked in an specific contract that is only accessible to the developers' wallets and that can be claimed by them only after a specified amount of time has elapsed. how this usually plays out: developers, after the time has elapsed and they are able to claim their tokens, start to dump them when price has high values. this drains the liquidity from the pool, diminishing the token value and damaging standard users' portfolios. with toad.network's lpf, developers donate the liquidity collected and store it in a special smart contract that allows any user to connect to it. this contract behaves exactly as any other standard pool contract, with one interesting difference: the return of the investment is the same lp token that is provided to the farm, instead of the native token for the project. this lp farming is the basis of the decentralised perpetual liquidity protocol that toad has brought to the cryptoverse. dplp allows any user to constantly strengthen their position in the project simply by reinvesting their newly earned lp tokens- saving users time and transactions. the dplp protocol aims to make defi ecosystem safer for all users by enabling a new mechanism to provide and maintain liquidity.
padswap having dplp to end the era of rug pulls will be the saviour.
in 2021 following the smash success of the korean netflix series 'squid game', the concept metamorphosed from video to real life. the game is crypto green light, red light. put all your savings on squid. you are allowed to sell on green light. if movement is detected 8 minutes afterward you are eliminated.
charles darwin would be proud
doubt it, but a lesson was learned at the very least. if anyone had any more than 10 or so dollars in this coin i legitimately worry for them.
developers cashed everything out on proxy
at least pick one that can be sold.
you're telling me i would not become a millionaire from the 5? :(
they got given the biggest, fattest red dildo i've ever seen. rip
buy the dip and average down
i wonder how this works. if the developer sold all the squid coins on pancake swap, pancake swap would take an enourmous loss. is it because the liquidity pool is paired with a stable coin, and the selling is then done in the stablecoin?
these people could have drawn a line literally anywhere. anywhere they deserve to get completely fucked for purchasing a crypto called squid game. their stupidity and, holy fuck. just taken as a headline alone, this story is thisgusting on both buyer and seller side.
at least it will help people educate themselves in future. i do not feel bad for anyone who loses money on crypto or stock options, because they should know the risks.
do they have a home sun? would love to watch the games.
instructions clear: yoloing my life savings into squid
always important to dca!
5 minutes actually, i read the chart wrong when i posted and added an edit with that info. so even more crazy.
take my angry vote !
the website for it is gone. but you do you chief
wouldn't call it advertising. they were covering hot topics and this was clearly one of them. they issued a warning with it too
the bbc "reached out" to the creators... i only skimmed the article but it looks like the bbc think the crypto is affilated with the show officially lol
all of it seems like a good guess.
lol all i reckon
nothing. all gone. forever.
the rule with crypto is to only put in as much as you're willing to lose. this goes for all coins but like 100000 times that with meme coins
yo boiii, you cannot go to crypto to get away from scummy government and then 10min later when you are rekt by an obvious shitcoin cry for governments help by sending police and judges. you are either in crypto or not - not like this...
damn. takes some marbles to admit it. thank you.
lawsuit? y'all need to really learn about crypto before you fuck with it lol
this is how you get your money back: you do not, do not be an idiot next time.
you invested in a fucking squid game token. accept that you lost at the casino.
live by chasing shitcoin profits, die by chasing shitcoin profits.
holy shit man, that is one expensive fuck up. good luck with anything like a lawsuit though.
> class action lawsuits and the like? no, all you should do is take your lesson and learn from it.
yes, you can hold the tokens for season 2.
how are you this stupid? seriously, i do not get it. theres crypto scams like this every. single. day.
they basically just stole all the money people spent trying to buy their coin. it's pretty despicable but i could see someone originally thinking this was a good idea to teach people about the dangers of memecoins and to actually do dd especially on their whitepaper. makes sense it went this way instead of the exchanges shutting down after the initial spikr because i'm sure plenty of people tried spending then unfortunately because the guy used a pseudonym i doubt they will ever find someone to charge with being behind it
how do you even hold something that probably would not even exist in 3 years?
dumb idiots like the ones on this subreddit will buy thousands of literally any coin to try and get rich
but but but, the dogie coins!
exactly, many rugpulls deserve some sympathy. this one did not even hid their evil motives.
regulators will kill this space. the code can prevent rugpulls. ppl just do not want to listen.
haha, i’m stealing this
dude how can i get in early dm me!
i just thought it was a little more appropriate than “lmfao get rekt plebs!!!”
and how would you do that?
buy the dip quick.
people weren't devs apparently were able to.
if you’re not able to sell how do you write it off as a loss?
are you blind? you literally cannot sell it.
why is smartchain a red flag?
that was the problem, no one could sell. they had to swap it for marbles (from what i've read so far). so it was a double whammy of loss making.
a nigerian prince keeps trying to give me money and all he wants is my bank info to deposit the money. it's like it is a scam or something. this money thing.
it is legal just bullshit
probably because they get out of the house and live a normal life unlike you spending all day posting on here and watching tv.
i obviously did not but my assumption is they wanted to jump on the next big meme coin pump and did not bother to read anything about it in their rush of greed.
do you mean before this post thinking it was a solid choice, or do you mean you could not find it as a coin?
correct, the creators made it so you could not exchange your tokens for actual money.
oh no! we're in the water with flim-flams?
people will still continue to get wrecked, but if you ask for regulation the clowns who want to set the legacy archaic rules of the fiat world on crypto should not be in charge...
uhh the squid game coin was a scam. coin is based off squid game which is a netflix series
nope, cause once you bought into the coin, you were unable to withdraw at all. it was a scam from day 1 yet people bought in
you cannot sell squid without another token called marbles.
me smooth brain ape. apes buy and hodl.
there's so many people still buying it, i'm watching it on poocoin, this is just sad.
when is it released
effecitvely a network effect burn lol. how many people are burned away from crypto a day? the more supply for everyone else.
you’re also describing the global economy.
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.5 mil i heard
yup. all these suckers do not know a golden opportunity when it is there. i put 10k on squid just now
they are bnb tokens. everything binance is poisonous, stay away.
yeah, i was just about to post more on that. that's crazier to me than the rug pull. it bottomed out, then it pumped more than 2x again, with around double digits buys every minute. and it is started to crash again. i do not understand this. i'm mean, it is easy to say it is worth zero now, but it still has a mc of around . seems people are still willing to play games with it, no pun intended.
even if it is locked, if they have a shitload of team tokens not vesting, they can dump & get paidddddddddddddddddddddddddddd
**['buy the dip''btd' definition]( an accumulation strategy of buying a coin after a sudden price decrease. *check out the [crypto terminology guide]( for more 🤖*
you went trick or treating you gave every door 1 mini snickers for 10 full bars. you get home and then poof the full bars you got are full of poop. no real candy.
i have not enough idea to explain it, but i just googled it and found some pretty good explanations.
should've stayed that way
considering it is about a series of death games where only one person survives and gets rich, they also failed to consider what a squid game memecoin might actually mean.
51% of players agreed to terminate the game
not even 5 minutes was a blink of an eye
it hasn’t. the 99% you’re talking about is 24h difference. it went from a market cap of [.1 trillion]( to (i believe), in these very 5 minutes.
and deescalated even more quickly.
devs so kind they made a dip for us. ![gif](emoteemo_pack_1dancing_wojak)
it's pretty funny how people call them devs, yet they just created a scam token and let greedy people flood in
still better that the *game of thrones* finale.
entertainment is never free
no, it is more like the old guy was holding literal dog shit in his hand, and a bunch of desperate people threw hundreds of dollars for a tiny fraction of it, and then they are amazed they ended up with dog shit.
except he put out a show telling people in advance this is what squidgame is stay away and people showed up anyway.
i think in this case, the experience seekers took all the money and made a winner out of them
"everyone seems to be dying and it looks like they are trying to lower the ammount of people down to the smallest number of people... which is one. i wonder what's gonna happen next." 🙃
titanic sinks at the end
even though i didn’t have any, count me for season 2. i will take out the front man and become one
maybe biden will institute a shitcoin relief package.
silver lining, not too many people can end up like this, if i'm seeing the .
you know how to keep me satisfied.
michael scott, is that you?
squid game rugpull has been the most intense selloff for today
i counted a couple of millions, not billions.
btw, i did a google research on the ceo and others. there are no search results! also picture search: no search results. it looks like the "dev-team" is non-existing, the pictures made from ai...
it's even called ''squid token rug 2'' lol
i see 100bnb transfers. that's not billions. what am i missing
binance scam chain living up to its name 😂
this really thisturbs me. those absolute scumbags.
instructions clear: fomod into season 2 squid game coin and shat the bed
you can actually announce to a wide group of people "i'm scamming you", then give them a paper that details the scam, and they will still willfully buy into it. i honestly do not even think that is a scam at that point. people decided that guy should have their money.
narrator voice. "*they did not*."
baby squid gganbu tokens 😆😆😆😂
_narrator:_ they did not
rich people need tax havens, crypto people need crypto havens. looking at you, portugal.
eh, i want to agree with you, but politicians cannot even fully understand bitcoin.
>magsafe coin the charger is round, maybe someone could make a coin out of it
> something needs to be done such as some kind of... regulation? not all regulations are bad, if it can at least set some kind of minimum standard? no clue what should be done tbh
it's a casino and the house always wins
i do not think they had enough time to make friends on that fall
looking at the speed of the drop, does not look like they had much time to make friends going down...
time to dca in
is that you player 456?
season 2 is going to be quite the catalyst.
tip of the day: toilet paper is way more valuable than squid whitepaper. and way more comfy as well.
i never checked the whitepaper because the name was already a red flag. can anyone point towards where the whitepaper can be found now? it's no longer on the main website since that has been taken down. i just want to have a read of what bs was written on the whitepaper.
why not do something like this? sure, you're an asshole for making something like this. but there is a line of idiots going out every door to blow money on cryptos attempting to solve no real-world problem. if they are gonna throw money away, why not try to be the trashcan?
6.5: the white paper is literally toilet paper
a.k.a done fuckin up everyone
there was actually an “our team” section on the website, but someone noted how the photos looked pretty much like stock images and the ceo didn’t even have a linkedin profile.
you are right. a lot of new coins do not have any names or devs behind them. definitely a red flag.
it is on pancakeswap. it's a decentralised swap exchange. a lot of shitcoins are on pancakeswap. it takes more effort to get listed on more popular exchanges.
it seems around .2 million, but someone suggested that it was in the billions, but i think that it was the market cap that was in the billions at one point.
the token had a lock-out from selling. so it could be bought but it could not be sold until 2023 or something.
it's only a loss if you sell.
never underestimate human stupidity
ah, the classic double rugpull.
obviously. i guess i never thought of how to program that. thanks
it wasn’t a perfect honey pot. one guy in my group put in a . he figured out that if you add your squid to an lp you could remove it and sell it just fine. made .
not too bad for an obvious scam
i love the article's repeated use of the word "investors".
boy ,that’s life changing amount of profit
yeah but this time it was the contestants that lost that ended up paying
understood, now im buying some dogelon mars
i also don’t feel sorry for them, it was such an obvious scam
this coin was too early to be tracked but it actually was top 10 lol... earlier tonight it had a circulating market cap of like 450 billion (ahead of bnb and just behind eth... 2 minutes before the rug it had a market cap of 2 trillion making it the coin <-- edit)
i never experienced being a millionaire even for a second
tfw when being unable to sell gives you diamond hands.
forever be squidward hands.
it wouldn't work for this reason. no one would be able to invest. it's a stupid idea.
that's why i buy based on logos in youtube thumbnails. the more shocked the face 😲 the more bullish i am.
i shall blindly take this to heart until my end of days.
i read on reddit that reading something on reddit is not research... so reading something on reddit is not not research... so you mean it is research?
what was their warning about shib?
that they still cant sell xd
'made' is in quotes because even though technically i would have had tokens worth 52 million i know you cannot sell it. just thinking of the people who did not know that and were watching their coin go to the moon and back to the earths core.
a whopping 2 trillion. twice as much as bitcoin. but it was not the official marketcap though. and it went all the way down to around 500k marketcap after the rug pull.
pretty much simulationsly. i do my best trading on the shitter. doesn't everyone?
agreed. i know multiple ppl who are hesitant to invest because of the lack of regulations. crypto would boom like no other, if we had some small regulations.
who would have thought.
shitcoins are better than bitcoin... if you're a shorter
what is tornado cash, like a mixer of some description?
roughly 11,500 bnb going out of that one, so a minimum of 6 million dollars 530, assuming they only sold through that one address.
instructions clear: sold my house, fomod into shiba and now i live on street in cardbox. ![gif](emoteemo_pack_1dancing_wojak)
i was told it was that they needed another token for gas fees and that token could only be won by playing the game. or something stupid like that.
you should take him out for beer. he is going to need it.
and he did not cash out because he could not, or did he not even want to
hahahaha what an idiot.
the most humiliating sex
haha, i betcha there is a lot of people who want to 'reach out for the creators' right now...
how much was it all worth in the end though?
that hurts. everyone who had their money in the pools essentially got rugged hey. god damn
> y'all need to really learn about crypto before you fuck with it lol it would be better to learn about economics and sociology. because "crypto" is irrelevant to what happened here. speculative pyramid schemes are equivalent, no matter what the product is.
yeah i know... the crypto world really is a wild place where anything can happen :(
very. i do not know why i decided to throw so much into the pool. i trust too easily damn it
fair, but the plebs do need rekking
my bad, i misread the price. it’s down to 0.0008 btc, i was thinking in terms of usd. thought for the price to go up like that some people started buying again.
because binance smartchain is super centralized, literally anyone can make a token on it, and it is where i've seen most crypto scans happen.
why couldn’t anyone sell? did the creator put some software on that prevents people from selling?
damn that’s so crappy. another question for you, did the investors know this coming on or were blindsided immediately after buying?
hasn't heard of either the coin or the series. i guess i'm better off.
well, first of all, you see volume vs price, which tells you to run. and second, you go to other platform like delta.theta and execute your options there...
that’s what i was assuming
i think it is out now but not on most of the main exchanges. one coin is 0.0000002 last i checked
that is where you are wrong less people equals less money invested. there's no point in owning a billion coins of something if they have no value the way cleans become valuable is people investing in them
001 decided to save his money though
but just the ones with your money...lol
quickest rugpull in the west!
it’s actually down 99.99995% then
holy shit it was up to 2.1t?!
that video was pretty much how i felt when i saw it and the first thing i did was make this post. i was also at work while making it but this was more important.
99.99% dip ? lfggg 🚀 btfd baby the only way is up
well if you develop a scam you’re still a developer
pretty much **anything** is
and if you do not pay, then you are the product
i didnt bought i am a survivor 😎
i just want to lick that cookie.
only problem is if the us government stays true to form, that relief package would go to the scammer, not the ones being scammed.
that's what she **never** said
you really think you could go all day long?
*i declare bankruptcy* put into action - michael after buying into squid token at
i want people to be afraid of how much they love me
they got roughly 2.9 million. op is shit at math lol
yeah im also interested to see where the "billions" came from?
> what am i missing op's math skills
op sucks at math. that’s what you’re missing.
binance is the cayman islands of the cryptoverse.
more like binance shitcoin casino like someone said
eh, if eth was not so expensive for txs it would be too lol
i'm not sure i even blame the scammers as much as i blame the morons who bought it. it's like putting their hands into a fire, when it is quite clearly a fire, and it is labelled "hot do not touch this will burn you".
you and i both mate *cries in fomo*
many scamcoins will follow suit now that they know this is profitable.
portugal is not a crypto haven, our government is just too incompetent to properly regulate it. they'll do it eventually, it is not like they chose to not tax it, it is just a loop hole.
i do not think portugal is even thinking about regulating
i've got my eye on el salvador right now. a lot of nice beachside villas for just over . make me a lemon margarita and let me lie in the sun.
as someone who's portuguese and who's family owns a place in portugal..., what makes portugal a crypto haven?
1 in every 100 is generous no?
understanding of a subject has never been a requirement for politicians to legislate it
and the ones they had died during red dildo green dildo.
barely enough time to even blink. quickest rugpull i've seen in a long time!
can you imagine if anyone bought at 2500? if they are dca-ing, it is like okay, i got one token for , now today, i can afford 3.1m tokens...
and we never learn and play the same smh
nope we will buy high and sell low
i looked at it the other day and i had to download it. so its on my phone as a pdf. how do i post it? screen shot everything and have to make a post?
when it’s this brazen it’s probably fraud. however i’m sure law enforcement isn’t that interested and the money probably moved across borders anyway.
they were all fake people - sus names and no results on li or google
that's because it is decentralized, nothing gets "listed" on pancakeswap (or any other dex). you just go, create a new token, add liquidity and now it is "listed".
market cap is just price per coin multiplied by number of coins. it does not have a direct relation to the amount of value that can be extracted. as an example, if people pay a penny for billions of coins and then one person pays a dollar for one coin, the current price will list as 1.00 and the market cap will be close to 100x the amount of value put in to it... which is basically what happened here. they made off with a few million, not billions.
is that even legal? dunno how this works, sorry for the stupid question
and that’s why i still hold bitconnect
got them diamond hands
and you cannot sell squid so you can never lose.
so its a gain if i buy?
if walletwhitelist = 1 cansell = 1 else cansell = 0; mobile. can't be asked to type proper syntax.
prevent transfers from any unwhite listed address presumably the pancake swap pool & some admins made the list
true, i did see those comments also, but was not sure if they were additional scammers or legitimately people able to sell somehow. thanks for the info!
lol yup. i too can copy paste some code and make a few minor changes.
it's a wife changing amount of money.
far out that’s nuts. i know this market is unregulated but surely that’s against some law?
dude, that is also pretty sketchy!! i would not buy anything without safe in the name from here on.
oh lol thats hard. sooooo lets kick btc from number one 😂
same amount of tokens here. i was finally rich, i tried to sell. heart broken lol.
if they look shocked, then the coin has to be good!
ah, just a generic "this is a volatile investment, proceed at you own risk" type message. but it was making me click another button and it was enough to scare me off what i thought at the time was a silly moonshot, then it started pumping a few days later...
it’s hard to explain - but long story incorrectly short - let’s them sell all at once
the way things are going, you would not be on the cardboard for too long. soon, you'll be able to feel the pavement!
they removed the liquidity from squid. if you owned another coin called marble you were able to do the swap. the problem is that the amount of marble you needed cost higher in cash than what you owned from squid. so you will loose money twice. probably another honeyspot scam from the same creators
then sell him the empty bottle as "full of potential to be full of beer, one day!"
now that he can’t even pay for his own beer
2 beers actually. one to thisappear his sadness and other to make him happy.
hey man if it sounds too good to be true, it probably is, why in gods name would you drop 10k into this unless you're decently well off
shit happens. to be honest most people in the investing game lose 10k over some period - yours just happened in a day. live and learn also did you ever break up with the poop pickup girl?
sure thing, but wanting to sue over crypto is just hilariously uninformed. and you’re right, people should learn economics before investing in anything.
it's only wild if you're greedy.
please dyor before apeing big bucks into any bsc token. its the wild west out here
not sure if you understand how this shitcoin worked, or if you’re just trying to promote delta theta… “the squid liquidity is blocked for dxsale for three years, which prevents unseen and immediate changes to the squid liquidity pool. the unlock date is october 20, 2024, ”
from the looks of comment history you do nothing but promote some bullshit site whilst having no knowledge whatsoever
well, my thoughts on that are you just scare them out but since crypto is inevitable, you just leave more time for the early folks to get in and stay in.
lucky i was not in this game, given my luck it would have been me.
tis but a scratch
can only go up from here!
[ea has entered the chat]
you survived the greatest rugpull of all-time. congratulations, you are atleast below average smart.
season 2 twist incoming: old man rugpulled all contestants and get red hair instead of the winner. ![gif](emoteemo_pack_1dancing_wojak)
actually in the second part this part is going to get cut out.
bold of you to assume she even existed
i have flaws…. occasionally i’ll buy coins like squid game and get rug pulled
it's billion in korean won.
op did the calculation in korean won, not in us dollar, but made a typo mentioning dollars...
they are actually based in caymans lmao
they wanted the next doge, instead they got an icp
if people do not want an overly regulated crypto market, then they need to stop falling for these get-rich-quick scam coin bullshits. collective stupidity and inability to intelligently protect one's self is how we end up with rapidly cobbled together legislation.
yeah i'm pretty sure in the off-season, those scammers are the same folks dialing up old people pretending to need a wire transfer or whatever. scammers just flock to wherever the most desperate and gullible people are. most people who got into crypto this last year are the same people who habitually scratch off lottery tickets, etc. people so deadset on hitting it big with a coin and getting rich. ideal target.
yes they are, but no actual legislation has been presented yet. the election this new year will probably have a lot to say.
50% chance you get stabbed on day 1
dude el salvador is *incredibly* dangerous, like honduras level dangerous. fuck that noise. go to portugal.
you're right. it's definitely 1 in every 1000.
the first rug pull i witnessed, feels unreal and thisturbing
just fucking 8 mins
that’s some crazy deal they getting
you joke but i bought some titan when it died. made some nice 5000% returns lol
squid whitepaper is so shitty than i have to wipe it with the shit
please do post it! i want to get better at reading white papers so would be super interested in reading it
you can upload to google drive and paste the link here
shuffle that money through monero and they are probably safe. considering none of the people involved had their actual names associated with the coin.
can’t believe this got past their head of security, burt macklin.
true faith will be rewarded in the end. paper hands and sodlers will be cast into the eternal fire. diamond hands and hodlers will be risen
that’s one pair of diamond hands that ain’t going to see a happy ending
this is solidity... require( cansell(msg.sender) == true, 'user is not allowed to sell' );
liquidity pool, i think
"octopus game" coming soon.
i want to agree but i wouldn't be surprised if it is not.
would you like to buy some beanie babies? for you, half price.
so dogelon mars is safe?
i actually edited the post... because just before the rug it had a 2t market cap and did kick btc from for like 10 minutes
don't worry buddy it is all a scam
are the transactions actually called “rug 2?” kind of brutal.
so it lets you transfer or bridge out tokens privately. seems to be effective so far then. i'll keep my popcorn close, i've no doubt there will be people tracking this guy as hard as possible. i've no doubt that they will doxx themselves in the end.
for times like this it is a good idea to touch the savings account
lesson learnt. had no idea the bsc world was so wild. getting more jaded by the moment hey
only creator of the game takes money, so not luck involved here :)
when we get season 2? any rumors? 🤔
what do you mean ? she is legit and i can see her in my dms
one time i went to vietnam and i was a millionaire !
he said billions of dollars not won
insane clown posse? juggalo token.
fomo and greed are what cause these shills to get away with any amount of money. the fact that they know someone who knows someone who is a relative of someone who lambo'd (an online claim, of course) is enough for them to think they are better diamond hand hodlers than the other suckers who lost money. right now, we are all gambling on our favorite coin...putting money down on the white paper in hopes that it flourishes, but that short term money moon is too irresistible for some (insert ponzi sceme here).
people will never, ever stop falling for scams, and they will never collectively be able to protect themselves from being taken advantage of, which is why we frequently end up with rapidly cobbled together legislation. as a politically liberal-leaning person myself, i can assure you that it’s the reason the progressive political perspective exists at all.
haven't heard of it but will keep an eye out
wow, guess i'll be taking a vacation to open a portuguese bank account if i get crypto rich
its simple, the 1 is bitcoin. found it!
he made it smooth though
"an innovative anti-dump mechanism" lmao
that looks like it was written in 10 minutes and copy-pasted into indesign.
holy shit this is written in such broken english that *alone* should be a large enough deterrent.
tbh this looked like a great fun project. not for investing in your retirement but just for fun. if the devs weren't lazy scammers they could have made a billion instead of 24 million.
he retired from the fbi and got a private security gig? that son of a bitch.
nah, gotta buy safedogelon mars
the fact that the original bbc article didn’t have a buyer beware warning. shame on them.
isn't there ways to be untrackable though? like my first thought is he could buy in on some random small coin with another address, pump all his earnings into the coin, wait till people stop buying in, then sell from his other address? how would that be trackable?
oh, look at this mega whale with a savings account...
how did you get access to my wallet address ?
and she wants you to do bitcoin business with her? lol
is she going to scream her name tonight?
meet me in zimbabwe, so we can brag about how we were richer than bezos that one time.
what you won’na do bout it?
i think it is more than just a bank account. the trick is to become a resident. then open a bank account. then become crypto rich
"more importantly, we do not provide deadly consequences apparently!"
well this gives me some ideas.
i do not understand how these games would even be played. i assume they were never made and no one looked any further
the fact that any person could look at this document and think not only would it be legitimate, but that they would give their own money to it, honestly has me questioning so many things. there is like, zero encouraging components to any of it, besides the "you could get big rich!" promise obfuscated behind a bunch of random shit that does not even make any sense and is only vaguely explained.
[according to the u.s. department of education, 54% of adults in the united states have literacy below the 6th-grade level.]( half the country is eat up with the dumb ass.
i dont think they care when they havs 24 mil. how tf you gonna spend that much it anyway
he's suspicious of the ceo, sanet jakehole. she reminds him of someone from his past. though that person did not have a top hat and monocle, so it is probably just nerves.
because you'd just track the other address' transactions until it hits a point where you can doxx them from a central exchange. by making a private transfer to a wallet outside of the eyes of a block explorer, makes it so that the trail goes cold, as long as they sufficiently split the value so it cannot be picked up again, similar to how mixers work, but you do not need to mix.
she is into etherium and kardeno mining nowadays too
right after you inflate her
well both my grandpa and my dad have dual citizenships and own property in portugal, so i should be able to work it out actually i googled it "you don’t have to live in portugal during the whole year to be an nhr. the nhr (non-habitual resident) program, allows citizens from is attractive to professionals, pensioners, **investors** and entrepreneurs who want to enjoy a life free of income tax. the government of portugal offers tax benefits to everyone, with a unique advantage: **no minimum stay requirement in the country.**"
i mean look at their timeline, they have the offline winners ceremony planned literally the next step after 'releasing the android and ios app' how was anyone going to win if the app was not even out yet?
oh ofc not. they had nothing in place and just talked about how a direct copy from the series would "work". they did not write out any specifics to try and win people over.
i doubt a single person that put money into it read the whitepaper. they just saw the name and thought that it would make them money.
no one who bought the coin read it, doggy. i'm guessing the majority of people who bought it were also wine drunk soccer moms screaming "im gonna be a crypto millionaire!" from their couch whilst watching the show
considering reddit, i do not doubt it. just surprised that it is not higher.
they are having the offline winning ceremony right now with all their winnings! these devs laid it all out clearly
his pinned tweet: *the us believes i have hidden crypto. i wish i did but it has thissolved through the many hands of team mcafee (your belief is not required), and my remaining assets are all seized. my friends evaporated through fear of association.* *i have nothing.* *yet, i regret nothing.* [source](
rest in peace, john. i will forever be grateful for your guide on [how to uninstall mcafee antivirus.](
i remember shitcoins flying as soon as he tweeted. rip.
rip to the og pump & dumper
assassins were paid in shibs and doge coins
rip, the movies they make about this man will be insane (hopefully)
died as he lived. under mysterious circumstances
and we never got to see him eat his dick. shame, that.
ho-lee fucking shit. 2 tweets of his: - 10: > i am content in here. i have friends. > the food is good. all is well. > know that if i hang myself, a la epstein, it will be no fault of mine. - 6: > i've collected files on corruption in governments. for the first time, i'm naming names and specifics. i'll begin with a corrupt cia agent and two bahamian officials. coming today. if i'm arrested or thisappear, 31+ terrabytes of incriminating data will be released to the press. rest in peace dude
no one expects the spanish extradition
now bitcoin can finally hit 1 million usd.
rip you mad bastard. x
"this is good for bitcoin"
he’s not really dead. he’s still running in the background.
rip john you crazy fool.
hmm knowing about that guy i feel this could be some kind of smoke screen to change identity and live a new life outside prison and publicity.
whether you liked him or hated him, he sure was pro-crypto!
let's make elon eat mcafee's dick. i think he would have wanted that.
holy, wasn’t expecting this!
anyone pro crypto that let us prostitutes shit in his mouth has my respect.
time to dust off old reliable: "...this is good for bitcoin"?
unfortunately this will be buried or covered by news in a way that makes crypto look bad
like or hate him, the guy will go down in history books. rip.
a post from his instagram page from 2 hours ago...
if there is one person in this world who would sucssessfully fake his own death, that would be john mcafee.
guess we would not know if he ate his dick unless the autopsy tells us.
gonna be honest, i did not think this guy was ever gonna die. he was a junkie and an unhinged psychotic mess, but i figured if the universe were gonna kill him it would have done long ago. surprised that it was not more spectacular.
great, now i’ll never get to see him eat his dick…
poor guy... i still remember him shilling crypto in 2017
holy shit did not see this coming
mcafee should have had better security.
controversial figure for sure, but he was a big part of my intro to crypto in 2017. definitely sad if this is true.
rip john, legends never die.
epstein didn’t kill himself. but i definitely believe it that john mcafee did. he was found dead just hours after spanish court gave the official go-ahead to extradite him to us. he knew it was over, he’d lived the best part of his life (and 75 years at that).
i do not need your jokes right now reddit! a man just died here... i need your conspiracies!
not that people do not change their minds when faced with certain difficulties, but one has to wonder if this is even true.
mcafee did not kill himself. edit\*
i’m ootl on this one, what’s his connection to crypto?
on a more positive note, there is a new wallet that will be holding the line for eternity if he did not sell his btc.
wait people are entertaining his paranoid delusions???
so in the end - he is never gonna eat his own dick on live national tv despite losing the bet?
apology for poor english when were you when john mccafe dies? i was at home scanning for anti-virus when fred ring ‘john is kill’ ‘no’
did he... uninstall himself?
made it through covid in a spanish prison without getting infected? his antivirus must be pretty damn good and up to date
until now people hated him on this sub
well at least he won’t have to worry about eating his dick on national tv on a more serious note, rip. he was one of the earliest notable adopters of btc , even if i didn’t like him very much i still respect him.
oh, we will miss you old pumper... his weekly pumps on shitcoins in 2017, it was good time... i traded gigantic bag of xvg (i was dumb and thought it is cool coin) during his pumps and exchanged for massive bad of ada... he basically set my life to be good... rip
dude was a pathological liar and inveterate grifter who was obsessed with attention.
john mcafee didn’t kill himself.
it's not inconceivable that mcafee actually did commit suicide: 1. why would the us bump him off now of all times, when they finally succeeded in extraditing him? \- counter-argument: they had long planned for the whack to coincide with the extradition order to make a suicide seem more credible than if he had died at any other time. 2. they'd have to be p fucking dumb to pull another epstein and expect the public to fall for it. \- counter-argument: they are p fucking dumb. \- counter-argument: they do not need the public to fall for it. what are the public doing to do? 3. the happy-suicidal tweets being circulated are from 2020, when he was not facing extradition. we cannot base his current mental state off of these, and can expect that receiving the extradition order would change his mental state. 4. epstein has set a precedent for thisbelieving prison suicides of prominent people, so this is the conclusion people have naturally jumped to.
they epsteine'd his ass... hopefully he had a dead-man's switch on the information he was holding on to.
end of an era. it's thisappointing. he was more articulate and intelligent than any of you. and more articulate and intelligent than the sec and us authorities, and us intelligence. admit it - you know it is true. the guy had a very calm and patient manner, and was perspicacious. he was one of the old school of it guys. before there was "it" there was "computer science", and he was a computer scientist. he may have been a yuppy, a drug user, a sex addict, etc. but fundamentally he was a fallen hippy, and true libertarian. rip john mcafee.
dicks out for mcafee
[a message from john mcafee](
just remember john wore black lace panties over his face when they were starting the whole face mask thing.
may you pump for all eternity
watched a few youtube videos on him and it is one hell of a ride. now i've witnessed an end to his saga
they finally found out how to uninstall mcafee
shocked that he didn’t die in a police shootout in some compound.
mcepstein didn't kill themselves
i hope someone makes this a really good movie.
so does that mean he won’t be eating his dick after all? could the mortician shove his dick in his mouth and take a photo for us?! i’ll even gift some crypto!
now who will eat his dick?
in honor of john mcafee, here were his thoughts on cryptocurrency: [
the cocaine fueled ride from software engineer to warlord comes to an end
well, i guess 'ol johnny is pooping from hammocks up in heaven now...
he was using and got himself in trouble on that island... white rich man trying to by the island and natives turn on him... history repeats itself... anyone that is never seen the documentary... ohhh it is good... lots of juice shit. 🤮
did he die because he ate his dick?
why was mcafee arrested in a spanish jail if he committed a crime against the us and not spain?
if nothing but jokes come from this, we should all be fucking furious.
rip, and f the gov.
what's going to happen with ghost coin? wonder if the price is going to go up. i think he used his magic ghost coins to escape and is really living on some hidden island in the middle of nowhere. he's not really dead.
sometimes people die without any "conspiracy"
i guess you die if you eat your dick :( rip johnnie!
he did it. he finally did it. he choked on his own dick.
i will never forget him. because everytime i delete mcafee from my computer, it still finds it is way somehow as a 3rd party software or something that i did not install. motherfucker 😅
how much btc he have? :))
let us see the body.
did he die because he finally decided to eat his peeper?
i dont have twitter, but reading through his last few months of tweets, one can clearly see that he was close to suicide for a while. i came here to say that he was epstined, but reading through the tweets, suicide was not far off. his whole story is pretty sad from fleeing the ubited states, losing all his assets and friends... makes me want to buy more crypto. rest is peace john, the government cannot get you now.
sucks my mcaffee thread was just two minutes later than this.
. rip the legend, and myth that is john mcafee. much love to we shall keep his legacy alive
i'm sure he is still running in the background
john should have gone to russia or china or venezuela or iran...a guy like him with the 30m that the irs is alleging he earned...would live like a king there. he knew they were coming for him, europe is basically us bitch. the whole world is really...except for the aforementioned countries.
just read about mcafee. sec jailed because he promoted some cryptocoins which crashed. does that mean elon musk can also be jailed ?
chocke on his dick while eating it.
i'm not surprised. the last things he wrote foreshadowed this.
oh no, that is sad. he lived a full life, you cannot deny that though.
somehow i don’t believe he actually died.
first off, rest in peace john. john was...a troubled man. being brilliant does not always mean you're financially secure, mentally healthy or just generally ok. cough cough church of the universe cough cough. i did not like him for a number of reasons ranging from alleged pedophilia to supposed fed cooperation with backdoors in his products. he always claimed 9 eyes, but i think he was such a fear monger cause he was implicit in it to some degree. we'll likely never know, but i wouldn't be surprised. all of my feelings aside i think john took his life for several reasons that are totally unrelated to crypto. as i've done time and have family and friends who have too, i'm speaking from first hand experience. first it was federal and you do not get time off or early release from fed, or at least it is not typical. i have a brother who's still in federal maximum security. has been for 20 something years on a 3rd strike sentencing for being part of organized theft , etc. john was 75 and looking at some serious time. old men are not treated any better in prison unless they are old mafia captains with serious connections. he's a thin, frail man who likely would have been targeted. he wouldn't have had an easy or fun time in there. he would have been fed high sodium, high sugar, high carb garbage and he would have slowly bloated, developed serious health issues and been given little to no medical care. he was going to die in there from something. he chose to cut the bullshit and go on his terms. i get it and it is sad it happened, but he is likely better off... i do not think john was killed to cover up something. i do not think he was hiding anything of substance either. i think if he had any real info he would have used it to profit just like the ico. i wouldn't have put it past him to sell you "the truth about crypto" for .99 for some 10 minute video after his ico shenanigans. idk, but i wouldn't go selling or buying based off this news. i just wouldn't follow in his footsteps is all.
he has tweeted over and over he would never kill himself. even got a tatoo about it. they murdered him and want us to know there is nothing we can do about. the people have zero influence and power. even a princeton study comes to that conclusion.
rip to the legend, hope you see 1 mil+ btc in afterlife
not as dead as the shitcoins that lie in my wallet i bought back in 2017
those americans trying to establish democracy in the whole world yet they live in a big open space jail...
let's hope this will teach some lessons to certain billionaires who love to pump and dump on twitter
i do not know much about this dude but it is always sad when someone dies. rip bro.
epstein didn’t kill himself and neither did john mcafee ![gif](giphyc3miysgsc3crw2jvqy)
say hello to epstein for us!
it doesn’t surprise me, he probably had a way out and knew he was spending the rest of his life in prison
who will pay those hookers now?
holy shit. so this is how this story ends. welp, can’t say i’m surprised
rip. may you eat your dick in heaven when it reaches 1 million. what a shame, did not even know he was locked up.
lmao i did not think the title was real 😂
rip true master of the shitcoin! i never liked you, but goddamn it, i was certainly entertained by your presence on this earth.
jesus christ even more fud today, wait what?
damn, i remember when he was scamming me on
dear lord did they forget to pay for the premium subscription?
this guy literally had a gang of thugs protecting him and doing his dirty work ...lol
will i still get mcafee a?
be interesting to see what happens next, still rip the og of internet security
and all the poop hookers waiting up in heaven cried copious tears of joy.
scat crypto will never be the same.
don't feel sorry. this dude lived a life you can only dream off. godspeed you crazy mofo!
does that mean i won’t have to uninstall his antivirus every time i buy a new computer?
he probably died because of all those ladies he paid to shit on his face
i was not sure if this was satire at first
i'm guessing with the recent dip, he must have choked on that penis he said he would eat.
shout out to sean ranklin for breaking this news
from a prodigy programmer to this, what a wild ride he had. crazy to witness it all go down like that.
autopsy report is out he choked eating his own dick
i regret never getting to see him eat his own 🍆
the q nuts are gonna have a field day with this. he’s the new epstein.
well, i entered this post thinking it would be a joke...
in the future there will be treasure hunters looking for his crypto stash.
... did not see that one coming.
sorry to hear. he made an impact in life, rip. and guys if you're not going to pay taxes to us government, do not boast about it on social media.
he lived by his own rules, and died likewise. edit: rip you damn fucking legend.
this is your daily reminder to drink 💧
man: \*dies random crypto "investor": bullish
dude was a fucking baller, rip.
a fitting end to a bizarre saga that was his life. fuck over enough people and eventually karma comes to fuck you up.
dude, he ate poop and liked it. wtf
nah he will pop back up somewhere eventually and be like ha! got you bitches again
legend. also, this seems like a stunt he would pull 🤔
rest in peace john. you did nothing wrong.
ill mourn him when gpu prices come down and cryptos die. hopefully sooner than later.
im out of the loop can someone please explain to me what he did who he was?
when will they make a movie about this man's life. also, who should play him?
wonder if he had a kill switch. bet he knew some shit!
waiting for someone calling this the start of the “bitcoin pump”
why was he in jail
i remember he said verge's stealth protocol would make us all rich it did not.
any idea how many rich and powerful people have gigabytes of incriminating dirt sitting on them? by what i've learned, it seems like the only issue is that what is found is usually found illegally by agencies that should not be doing it.
yo... ... this shit wild. what a fucking cowboy. damn. i can’t wait for the documentary.
he died the way he lived
this is to do with crypto currency how?
that’s unfortunate. i really wanted to see him eat his own dick!
remember when he ate that chicks poop? that was wild.
i wonder what happened to all his crypto. he doesn’t seem the type to share his private keys.
probably caught a virus.
if someone mass murdered my dogs... man i'd go full john wick on their arse too ![gif](giphyl0erwa0cumyoslumk)
maybe its the latest cod patch, or battlefield 6. then id believe it was 31tb
i thought he said that if he suddenly suicided its not by his own doing but that he was epsteined
i am more amazed that he managed to keep something quiet that could give him notoriety. he's not really known for keeping his cards close.
hit me in the feels like a wet fart
his life was eventually hacked
rest in piece you fucking madlad
i’m confused. so i should buy more bitcoin?
mcafee did not uninstal himself
he was finally cloned. rip man.
*heesh ash dead ash juiliush sheeshar*\---jimmy malone
he died in a boating accident.
why was he in prison?
why was he arrested and what did the us want him for???
what a nut job of a man
i'm not that familiar with the use of cryptocurrencies but afaik they include private keys. what happens to those private keys in case of death? can they be unherited or are they just lost together with the related wallet?
i though he would die from a virus.
mcafee gave new meaning to the phrase eat shit and die
i mean... he did kill someone in 2012.
this is a sad day. i do not believe in conspiracies but this is very suspicious
he is not dead, he is still running in the background
here's another version of the story: [
i walk in, i found him, that is all i know.
extradited to america = dead
love everyone in here going “ahh he was a shitty person, he did lots of drugs and was paranoid etc etc,” as if they don’t worship other people for the same thing, or would love to live a life of a fabulously rich person
f. he was a real chad, and funny as hell. he will be missed
lol lets make this weirdo into the next reddit conspiracy theory good plan
cryptic messaging? a message from the crypt? and finally: crypto el diablo !
by all accounts he was a complicated man. i think its 50"helped" him do it.
john mcafee did not kill himself
i feel like john mcafee was the inspiration behind the seinfeld character jay peterman. dying in a catalonian prison cell while awaiting extradition for hiding cryptocurrency sounds like one of his many adventures.
i do think that he knows something that is not welcome to the public.
did he did from trying to eat his own dick? these are the questions we need answers to.
all his secrets buried with him
coming from the guy who released a virus and then the program to combat it, he most definitely knew a thing or two that he shouldn’t have
well this isnt suspicious at all.
so… are we going for a ?
everyone who thinks he was killed is stupid, it would be incredibly dumb to tell deepstate secrets to a man with mcafee’s reputation
no more "coin of the week" shilling... now we have to rely on youtube influencers for buy decisions. sad times
mcafee's suicide does not add up something just does not smell right: 1) he was paranoid about the us gov officials 2) he constantly re-enforced the idea that would never take his life. 3) he took measured to ensure that if he does commit "suicide" he did not do it himself. 4) the . ' seriously, what's going on...
we wont see him sucking his own dick :(
mcafee virus protection stock may be affected by this. should it fall or rise?
how he gonna eat his dick now
i still wonder what that .
i remember when he pumped verge like crazy. is that the coin that got him in trouble for pump and dumping?
i wonder what he choked on...
he posted on twitter 2019 he was worried about being suicided in jail.
he got epsteined. lol they don’t even try to cover it up which is even wilder.
never forget his bitcoin bet…
fake news i saw him yesterday
when the movie of his life is made they can show it at the local amc theater!
damn, that is a pretty sad end to such a larger than life figure. i do not approve of a lot of things he is done, but in some way i've got to admire the way he chose to live. at least he went out on his own terms aswell. ' ^(unless he was epsteined...)
trump could learn a lot from mcafee and he’s the same age(75) he was facing 30 behind bars, go out on your terms!
weird af stuff going on here
yeah, he knew he was going to be taken out, did you see the tattoo he had gotten on his upper arm? he knew too much, and he didn’t give a shit, they never wanted him to make it to court… hopefully he had a dead man switch, to release a shit ton of other information on the people who had him whacked. big john rip
hope he was satoshi. there goes 1 mil btc
it was not the us this time. they would have collected their money first.
when will elon go to jail??
oh no hillary at it again?
his tweet from 10: i am content in here. i have friends. the food is good. all is well. know that if i hang myself, a la epstein, it will be no fault of mine.
now i won’t get to see him eat his dick :( rip my dude
while he was a very controversial figure he was also a very large figure in the scene. i did not necessarily like the guy but i cannot deny his importance to crypto and to tech in general. he will be remember in some way or another. rip
completely off topic but i really appreciate using the megathread, saves us getting 1000's of posts in new. rip john
this was the elon of 2017.
i saw that mcafee had died and immediately came to this sub
hopefully he’s chilling underneath a hammock in parathise. rip buddy.
so many ppl in this thread praising a murderer and a rapist who literally tried to manipulate crypto prices this sub is weird.
where the fuck is the accountability when these assholes can just get wacked in prison and call it "suicide" or they pay off whoever to fucking help. it's bullshit.
mcafee didn’t epstein himself
john mcafee didn’t uninstall himself.
john mcafee has been
regardless of anyone’s feelings about him, the dude lived a wild life and didn’t give a single fuck. i can respect that kind of energy
we will remember him as a filthy and paranoid rapist, drug baron, murderer. "fun" thing is the rape, drug and murder never stopped him, only when he owed money to the us he ended up in jail... this is scary
all these people in the comment saying rip while the guy killed many people, created illegal subtance in an hidden lab and raped many womens, like no! fuck this dude, today is a good day.
not entirely sure how true this is, but this is the first big name publication i’ve seen post it. hopefully it’s not true.
[ he prophesized his own 'suicide'
i don’t buy this for one second. the federal charges for not filing taxes is 1 year per year and he’s charged with 3 years. 3 years in federal prison minus good days would be nothing and he would be treated like royalty. he was either killed or witness protection since he has so much info on us government
wow, so many original jokes in here! you guys suck. rip king. thanks for all your contributions to crypto. it wouldn't be near the current level without him.
nobody actually believes he killed himself right?
mcafee did not kill himself
john mcafee. hodler for life! this past tweet of his seems more interesting now. [
he's probably still alive kicking back reading these comments.
a coward to the end couldn’t face the music for his financial crimes or accept justice. and he is strongly suspected in a murder in belize as well.
# [" i am content in here. i have friends. the food is good. all is well. know that if i hang myself, a la epstein, it will be no fault of mine."]( tweet from oct 15, 2020
god damn i’m gonna miss this guy. he was just pure entertainment
if you do not pay your taxes in time then you may lose the right to live - as per the fiat currency mafia {govt}
the cunt is dead, only 4 years too late.
anyone else think hes still alive?
he was a free spirit and i salute to that. i’m aware of the dark sides in his vita but with him a very fascinating human leaves us. cheers
mcafee didn’t kill himself
**whackd token** ' i went and looked for mentions of this token on , looks like someone made a token like this in honour of him:\[[ but this was on binance smart chain.i then found the real whackd token via that thread on eth mainnet: \[[ the token is 585 days old. anyone know anything about this? also weird mcafee's dex is now a parked domain.
something tells me this is clinton-tied. hillary does it again….
john mcaffee did not kill himself. neither did epstein. they hired a hitman to kill him
dude was a total meth head, banging underage girls and had his own lab for his drug use. mcafee has been insane for over a decade, i used to watch podcasts he was a guest of. he'd have an underage girl with him, admit to drug use, and try and state his local police charges were part of some insane multi nation fed conspiracy. he was regularly high out of his mind, stating he owned the whole country, and going full psychosis during these live interviews. the dude was off his rocker. it surprises me that so many posters here are unaware of the dozens of interviews and deep dives on this guys insane drug abusing behaviour. mcafee was just a wealthy, drug induced paranoid schizophrenic who happened to talk about crypto. fuck this guy. he moved to another country to rape underage woman, was an intense drug user, and tried to buy his way out of any repercussion.
rip john mcafee. a true hero and one of us. someday we shall know the truth. he thisagreed with the current monetary system, which has made him “public enemy no. 1,” according to court documents released on wednesday.
they got to him. epsteined
nothing of value was lost.
the fact that people are glorifying a tax evading, money laundering criminal is beyond me right now
mcafee did not kill himself.
i voted for him in the 2016 libertarian primaries. back in the mgt days if you guys remember. he had the greatest campaign video ever. then he just kept getting weirder.
i'm no fan of his but i definitely can say there is some seriously sketchy details surrounding his "suicide" just like how nothing came of epsteins case nothing will come of this tho. no one demands answers everyone's content to sit home in their bubbles, nice and docile. just the way of the world these days unfortunately... i forsee a very dark future for humanity tbh and it will be due to inaction and fear
rest in peace john. you always spoke of a dead man's switch. let's see you give the system one last f u.
i'm not sure mcafee got the memo but in the us it is illegal to not allow the government to rob you and curb your freedoms. how dare he stand up for himself piglet biden needs to feed chinese masters.
what did he know about the clintons?
he was assassinated. no doubt about that.
why the fuck are all the top posts praise about this guy. he's a psycho. he did pump and dumping with crypto as soon as he knew the market was reacting to his tweets. he created mcafee, arguably the worst antivirus software ever created. he is not a good person. his crypto adoption was for personal gain. fuck john mcafee. no thisrespect to the dead, but, i did not like him while he was alive. his personality was funny though. sounds like every other potential grifter today. trump, elon, etc. (elon simps do not get me wrong, i like things elon musk's companies do and his vision is helpful to their success, but i also recognize he is a megalomaniac just like john.) also, john died under seriously mysterious circumstances. he was just extradited, aka the american government can get him to squeel. queue accidental death and we get a great conspiracy. john mcafee likely had dirt on people in team mcafee and elsewhere. i hope his kill switch he talked about is real. one last thing, john mcafee did not deserve to die. he could be shown to be a hero in the coming days depending on how this story plays out. he could have just been done with a jail cell at **the age of 75** and ended it all. john will live on as an interesting historical figure. r.i.p.
suicide with 3 shots to the head.
he's in hell right now. sack of shit.
the guy had big ideas.
rip john mcafee. the contributions he did for the crypto world are remarkable and won’t be forg
rip legend. his story should serve as lesson as to why we should probably pay our taxes.
lets see what it will happen . he knew some deep shit for politicians.
someone probably killed him out there.
one does not simply evade taxes and expect to get away with it.
i wonder if he got epsteined 😳
, john mcfee didn’t kill himself lmfao!!!
do you think melon husk will end up like him in few years? melon is this bull run's john mcafee lol
he must have just checked his portfolio
why is this guy relevant? (if someone can quickly summarize)
dudes chillin with epstein now. where ever they are. probably dubai.
what did he know about hillary clinton?
that's so sad. what a legend !
jeffrey epstein didn’t kill himself.
he choked himself eating his dick
man, this dude was the face of the 2017 bull run - rip legend
he choked on his own dick... but a bet is a bet.
if you followed him during his crypto days when he had paranoid episodes living in tn, he screwed and took a lot of investors money and innocent peoples funds. he has been running from the authorities for years and documenting it online. he killed his neighbor in belize. he didn’t want to come to america to be exposed for his screwing the crypto community. karma always gets you in the end. he got what he gave.
and nothing of value was lost.
guess he forgot to renew his mcafee subscription
rip john mcafee.will always remember your posts and your jokes. i will miss you and your based humour. god bless you buddy.the media are thisgusting.he promised he would never kill himself.
another epstein style death ? where is so called human right ?
mcafee most likely didn’t kill himself
mcafee had enough money to bribe-friend of the system while he paid a top plastic surgeon to change his appearance.
let me guess…tied to the clintons?
nobody believes mcafee killed himself. he even tweeted something along the lines of him being healthy, of sound mind and not going anywhere.
if he did indeed have dirt on anyone, i am sure he had a back up plan in case this happened. we will soon find out!
"found dead" aka "being murdered". john mcafee did not commit suicide or kill himself.
wasn’t that dude a big weird scumbag?
show us the body. otherwise this all just political theatre
this is a guy who refused to pay taxes for almost a decade. then flaunted that fact. and when the us came down cried like a baby. i figured since he was somewhat intelligent, he could have done better. i honestly feel no remorse. a note to crypto holders: as much as i hate it, and it fucking sucks. pay your damn taxes so you can live your life.
i’ll just say it … mcafee didn’t kill himself. rip.
the man that exposed epstein island is now gone rip
he is well and a live ... information warfare ...
i had a feeling someone important was gonna die today
r.i.p you crazy basterd 🙏
dead in his prison just like that. who killed mcafee? no one saw this coming. sad
i think this was his last troll move. if he had monumental info on corrupt officials, he would have dangled a legit carrot right after being arrested. what's there to lose once being incarcerated?
mcafee did not whack himself
the root kit made him do it
oh shit i've never thought i'd see the day this man's legends stopped... this is actually sad.
he deserves more attention imo. :/
he was involved in pump and dumps on twitter biggest rug puller alive
oh no... what a sad news. rip john, thank you for having been alive
spanish prison guards and officials can be bought. good way to thisappear oneself.
he had it tattoed on his arm that he would not commit suicide yet he was killed. the gov probably wanted him dead because he knew something. the hidden crypto is just an excuse.
did he die after eating his own dick? too soon? oopsie, sorry about that.
hopefully his threat of a “dead man’s switch” wasn’t an empty one...i hope he names names. deep state is way too powerful at this point and needs to be brought down.
epsteined. rip john. i hope you are avenged soon.
man would rather die that succumb to state extortion. hero.
this is insanity. they're coming for the people who want to break out of the system
bad person commits suicide before having to face justice...huh.
so i have an antivirus software run by a criminal? i did not even know the guy who created mcafee was in jail. how is that a trusted piece of software? there's an irony here somewhere.
its much more likely this guy killed himself to be immortalized amongst people then the us government wacking him. this guy always craved attention. he was also facing life imprisonment at 70 years old which is not an ideal way to go out.
this dude was always a weird paranoid type. i wouldn't be surprised if he killed himself or if he is trying to stage his own death like the whacko he is
where were the clintons? lets see their itinerary!
mcaffee didnt kill himself!
i mean he was pretty much a nut job, but 75 years of an... interesting? life is still not bad. i'm sure he had more fun than most of us will. he could just have paid his taxes and toed what few lines billionaires have to toe and lived a much less dramatic life and he could have enjoyed more years in the sun instead of killing himself in a spanish cell. oh well, rip.
he was an accused rapist and murderer. stop idolizing him
it's quite entertaining to see even some actually believe he committed suicide. sounds like the epstein scene, or the countless suicides from people who knew too much about killary c. people will believe anything the media tells them, this has definitely been proven during the pandemic.
"on june 23, 2021 mcafee was found dead in prison in barcelona, spain, as he was awaiting extradition to the united states. he did not kill himself, he has intel. [9]" someone made a good joke on wikipedia :o
holy shit the most i could come up with
fuck, he never even got the chance to eat his own dick.
looks like it was [right after they allowed his extradition](
wonder where his bitcoin will go
his legacy will live on with pre-installed mcafee anti virus software on new laptops. rip.
didnt he announce that he was going to eat his dick when btc reached a certain price?
well that escalated quickly...
new to this community, just learning who this character is. wow.
rip. entertaining guy for sure...whenever they make a movie about him it is sure as shit gonna be crazy.
i guess he **really** did not want to eat his dick
is this the guy from the antivirus mcafee ?
if you watch some videos of him before his crypto persona, he is actually quite smart and articulate in interviews. he probably killed his neighbour though and from there on it went downhill. f
very controversional person, but he did a lot for crypto
rest in peace :(
wow, bold move just to avoid eating your own cock
its true that his antivirus was sus but the man certainly a big catalyst for crypro in its early days. may your soul rest in peace john.
**but where am i going to get my antivirus now?**
i despised him, but i wouldn't wish anyone to want to kill themselves. i was happy to see him face justice. i'm sad to see this news.
wonder how much of his btc is now lost forever
epstein also killed himself
holy crap. crypto related or not, i hope his family.
now we'll never get to see him eat his own dick. f.
i was following his twitter last year and he seemed to have gone off the deep end a little bit, maybe the government was after him or maybe he was crazy, regardless i hope he rests in peace.
how bad was his tax dodging that he moved onto life dodging?
let’s not forget in 2019 he tweeted that if he died from suicide, it wasn’t true. even got a tattoo saying “whackd”
the king of turning a hammock into a scat receptacle.
i heard it was a boating accident 👀
he died doing what he loved - hanging himself to achieve maximum orgasm levels
turns out that one cannot survive eating one's own penis. mcafee, you'll be missed you crazy basterd. f
did he try to eat his dick?
what a way for his story to end
maybe he didnt had the "antivirus" installed? :p no jokes.now... thats sad. crazy life this huy had. theres a movie about jim from 2017: gringo: the dangerous life of john mcafee. good movie, maybe now they will made another?
my husband worked in bitcoin mining for a few years at a company part owned by mcafee. very sad news.
pioneer for bitcoin and all things crypto. rip
that man was a legend!! replied to my tweets when he was pumping coins and unloading bags
rip you mad man! i actually emailed him once and he responded. reminded me a lot of hunter s. thompson.
did it ‘his way’ in life for sure
ooh fuck the inventor of the anti virus, father of security, dies in prison. how ironic is this?
him and johnny hallyday have the same plastic surgeon
well this ends the one of the oddest spirals i can remember i look forward to nick cage playing him in a bio-pic
john mcafee died in brians 2 penitentiary, barcelona, spain **centre penitenciari brians 2**
rip to a crazy mofo
the herb abrams of technology. rip
damn. rest now, you crazy human.
hanging with mcafee was guaranteed to be a memorable experience. whether wild sexy cocaine, or kicked off on a private island with mcafee hunting you with a crossbow like an animal.
but what about my computer viruses?
will my computer run faster now? in all seriousness, wow is this suspicious. i'm not the conspiracy type and he tweeted about being down earlier this month plus was going to be extradited to the us, but still. i have many questions and no answers so far.
so this is bullish for btc, right? right?
what a wild end to a wild life. sad but the man is a legend.
guess he would not be eating his dick anymore...
what the f i didn’t know any of this was happening. can someone do like a tldr on why he was in prison and whatnot?!
does this mean he won’t eat his own dick?
dead or not we still expect him to eat his dick !
rest in piece, guy lived a hell of a life. i remember reading, he took so many drugs, sometimes he still believes he is locked up in a mental hospital and all this is a dream
a true believer of crypto. rip dude.
r.i.p legend. guy was a godfather to many in many ways. feels like a personal loss. thanks for all your contributions to the internet world.
>getting subtle messages from u.s. officials saying, in effect: "we're coming for you mcafee! we're going to kill yourself". i got a tattoo today just in case. if i suicide myself, i did not. i was whackd. check my right arm. [source from his twitter](
in all seriousness, if you need help, reach out and talk with someone: 800-273-8255 seriously. your taxes or whatever can be solved. everything can be solved. ask for help.
this has made me so depressed
he should installed good anti-virus into him. rip
better to suicide than eat his own dick in live tv
john "i will eat my own dick if bitcoin does not hit one million by the end of 2020" mcafee
john mcafee, our real-life far cry villain.
now we’ll never see him eat his dick
this is not good news. the government essentially used cryptocurrency *against* him to bring up charges. how does one prove otherwise when accused of such things?
he was one crazy motherfucker but he sure did give crypto a lot of exposure. rest in peace
is he really finally dead?
whether you like him or not, this guy took life for a heck of a ride. rip
while sucking his dick on television? rip he was a colourful person.
guess he will never eat that dick now...
damn i always thought he gonna outlive us all, rip you mad bastard
wasn't that the guy that wanted to eat his own dingeldong if btc is < 300.000 usd at the end of 2019 or so?
what was he accused of again?
"we're coming for you mcafee! we're going to kill yourself"
this was an actual living person? you learn new things
he was the elon of 2017. wonder where elon will be next bull run.
your contribution to clandestine bath salt production will never be forgotten.
when someone mentions john mcafee, always remember this gem...
did he choke on his own dick? i bet he chocked to death whole eating his own dick.
holy crap. i never gave this guy my attention but now he is dead? there is definately a story here.
[how to uninstall mcafee antivirus, by john mcafee](
will viruses now return? is my computer safe?
did he end up with his dick in his mouth?
aaron ramsey caused this
i switched to avast some time ago.
he didn’t eat a dick. what a liar.
can’t wait to watch a documentary made on this crazy mf
i wouldn't want to be extradited either.
wonder if the method of suicide was eating his own dick?
tech support may be a bit harder.
this must be a red flag operation! i know mcafee's ok, because my computer says so! [mcafee status: ok](
my only real question is... did he die eating his own dick?
can't wait to see the documentary about this!
i'll never forget his shit eatin grin : )
i just hope he has a request in his will to be buried with his dick in his mouth in order to fulfill his obligations to reddit. rip john. you brought great entertainment.
john mcafee had ‘whackd’ tattoo and once said if he was found dead in ‘suicide’ – he ‘didn’t kill himself’
did he post on r
oh man. as shady as he seemed this sucks. he obviously had mental health problems that weren't getting treated wherever he was locked up.
now we will never see him eat his dick...
it was the clintons
anyone still owns some whackd tokens?
his instagram account posted "q" two hours ago. i'm not a conspiracy guy so i'll let you whipper snappers figure the theory out here.
without any concrete evidence we are not going to find out what in fact truly happened. simply taking mcafee's 'very reputable' word would be equally as blind as thinking he simply wanted to push his political agenda forward. either ways are plausable, so without unthisputable evidence this stays as anyone's guess.
this thread lead me back to vergecurrency where i remembered thats the only sub ive ever been banned from for posting how stupid they all were for believing in mcafee. lets do the time warp again.
literally stopped dead mid-stride seeing this headline. john's dead? the guy was kind of a sketchbag, but this one hit me unexpectedly and strangely
so who’s going to eat his cock when btc hits 500k?
forever remembered in the 17 popups everytime i open my old laptop.
putin served coffee to mcafee
maybe the guy that lived such a hedonistic life realized he had no interest in spending the rest of it in jail and killed himself? just a thought.
a virus did not kill him, though!
think his name is john
he really did not want to eat his dick.
based man, he lived a full life full of adventures, better than 99.99% of people. i'd also rope if i knew i was gonna get executed or live my last years of life in a shit prison. rip
bought some vet in his memory. rest in peace
that court is full of assholes from nj.
still waiting for him to eat his dick.
so he ate his dick?
that's one way to uninstall mcaffe...
rip, he had a crazy life and lived to its fullest. his exposure and contribution to the crypto space will all get us there someday
i hope he finds peace. that being said it is kind of amazing how long he has been able to avoid being caught. he kept his image present but has been on the run for a long time.
nov 30 2019: ["getting subtle messages from u.s. officials saying, in effect: "we're coming for you mcafee! we're going to kill yourself". i got a tattoo today just in case. if i suicide myself, i did not. i was whackd. check my right arm."](
finally i found someone i approve for you."
the og pump artist
probably made the most sense from his perspective.
now he will never eat his cock on national tv :(
we are here for the second spanish republic
i wonder if he has some sort of dead-mans-switch setup to release info he’s found. that said, he was always hyperbolic, so would not be surprised if he actually had nothing.
holy fuck. i really did not expect this, although i guess i should have.
okay but this guy was pretty shitty yeah? like just because he owned crypto a little bit doesn’t mean he wasn’t a terrible evil billionaire.
so??? he's holding right???? 4life
who still kept their ?
am i a bad person if i do not care?
interesting life, certainly wasn’t boring.
this hit me more than other "celebrity" deaths in a loong while, damn. not even a huge fan of the dude, just seen a lot of him in these circles.
is this real? if so, his untimely death will 100x his legend. books and documentaries incoming.
i'm sure someone's gonna make a
wow what a big surprise, did anyone expect a different outcome.
no can we get rid of hbss
holy shit, the legend
he's gone to the gulch
oh pero bueno. huele a gato encerrado.
a shame, he had a good antivirus and security suite at one time.
25 days without a cigarette. now, i’m dead have my upbark
"john mccain was actually alive and died again?!" yea i need to scroll slower
sad face, now he will "never eat his dick".
i wonder if he was being a showman at the end with the "if i commit suicide it actually is not suicide" bit. i do not put it past the us government to kill him, but i can also see him hyping it up so that his "mystery" never fades. at any rate, the man was brilliant and his legacy will live on.
we all know he was a big dick dude. with btc not crossing , he probably did try to eat his own dick as he said he would and probably chocked himself. plausible
he partied like he knew the world was going to end.
a shame that guy probably could have told some crazy stories
my man hes really gone rest in peace brother i'll be up there soon mcafee fam for life
well now it’s for certain that he will never eat his dick on nat tv. rip mcafee - you made my last bullrun
he must have pooped on the wrong chiquita...
good riddance, i guess.
usually allows for much longer.”
this man really did not want to pay taxes.
just before sleeping i was looking at this [ . feels weird
elon musk deserved to be in that jail cell far more than john mcafee
yahaha! you found me!
choosing death before us prison system. telling
rip john. i'll always remember your coin of the week tweets. my favorite being dentacoin, the coin that was to revolutionize dentistry. you were the original pumper. elon musk cannot hold a candle to you.
john was the original shit poster
must have choked on his dick
i bought verge because of him. so thanks for that, john, you shady fuck.
had he been better known he would have made for a better trump than trump ever did. at least he lived the life he preached. a true madman. r.i.p.
died like a true chad
yo i am actually fucking sad right now
the mystery might be...
is his body still gonna be delivered to america and have an autopsy?
etherscan wallet named >epstein with the tracker id whackd wakes up after being asleep. starts sending unknown addresses. mcafee may not be bluffing about a deadman’s switch... screenshots here:
isn't this the guy that put his bitcoin wallet up for grabs as a contest to try and break bitcoins wallets security! i think i may have figured out how to get into the wallet! but i'll keep it to myself i guess! god bless you john mcafee!
rip... :( hope he finds peace... will always remember the good old days with dos mcafee scanner and cleaner, the first and best back then...
ya someone paid to have him killed
just gonna post this here because my life has been so crazy lailty i do not know what else to make of it. but this is weird synchronicity for me. about 2 weeks ago or so i decided to watch that one youtube documentary about him for the second time, and show it to my girlfriend. she thought it was pretty crazy as expected, but the next day i could not get it out of my head. so i'm talking with my neighbor at work. and we get on the thiscussion of crazy people. i say have you ever heard of a guy named john mcafee, he says "heard of him? i used to party with the guy he killed!!" i'm dumbfounded and it hits me that this guy did live in belize for a few years awhile back. he goes on to tell me that he used to drink at the same bar as the guy he killed and even met the man himself on one occasion. he said he had his own island in the cayes and would take his boat inland to get drinks and stuff. anyway we talked about belize for awhile and what it was like living there. honestly apart from all the crime it sounds fucking beautiful. i'm telling all my friends for the past few days about how weird it was that i met somone that knew the guy mcafee killed and was telling my girlfriend yesterday me and him probably would get along great honestly, i wish i could have met the guy!... now today i see this? hes dead and i feel like i somehow got him killed. synchronicity is real! sorry john maybe in the next life
wow... my money was on overdose or that his wife would kill him.
u know he had a lot of btc
he lived a interesting life. rip john
what is the story with this guy?
this is very sad and very sus
didn’t he murder his neighbor and flee the country he was in.
epstein did not hang himself.
he replied to me once. i really liked him. :(
waiting for the 31tb data.
all the truth why they kill.him
he made me think bitcoin was a scam, sad to say i let that keep me from buying.
what if he was finally honoring his bet and choked to death? we may never know.
well when you say you'll eat your own dick in a bet and you lose said bet there is only one out...
hang in there john.
for someone that developed a world renowned anti-virus software his criminal record sure is long
this is sheer karma for never eating his own penis and being a man of his word.
ending up dead in a jail cell just seems like a fitting end to such a crazy life. i get that people do not believe epstein killed himself, but mcafee? i wouldn't be surprised if he said on twitter that ending up dead in jail would not be by his own hand just to stoke up conspiracy theories after his death and make his legend live on longer.
now who will run my antivirus?
can someone please enlighten me who’s been in the complete dark on what happened?
woah, for sure thought he would make it to 100
hella info boutta come out on this mans crazy ass life i bet
now can we get bitcoin to a million?
everyone wants to own 10,000 coins instantly
5 days ago was the 8th birthday of the "how to uninstall mcafee antivirus"
get ready for his information to come public...
finally, his dick can rest in peace
does this mean i’ll finally stop getting mcafee antivirus notifications?
let's all have a hit of stuffmonger's pure tan in his memory
tax fraud sucks, apparently.
surprised it took this long after i heard his rogan interview
i would like to say no effs given but 20k ups are clearly some effs.
he obviously was nuts. conspiracy theories may be entertaining, but john mcafee obviously was not good with money or with keeping a good public image. i sincerely doubt anybody would have to kill him to prevent him from blabbing about something. if he did, it would be very easy to thiscredit him through character attacks. he probably had dementia.
rip to a legend, a huge douchey legend
he knew about the pedophile cabal ruling the world:[
he had information that could put crooked hillary in prison.
he's lived a honorable life. good lad
this sub always seems to forget his scummy promotions on twitter in 2017. he was charging several bitcoin to post a tweet about some shitcoin ico that wanted to be pumped. probably scammed thousands out of their money doing those. it’s sad he fell into depression and took his own life but god damn he was a scum bag
i wanted to be the one to post this! damn you mcafee! you lived fast and hard!
b. b be b bb b bb no b c b and b bbbb bb bbbb b. bb o b bbbb bb bbbbb vvvv v v b v. bb. c. v v. bb b b bb. o v bb b b b v v. bb. v b v b o bb o b b bb o b b v c v. bb b v. b. no h h o b b b o i & oh o. h. o h h b c o 🦯🚨🚔🚄 phone typed this in my pocket. odd
so mcafee didn’t kill himself?
my guy got epstiened
that's a shame. john mcafee was a great spice in the crypto sphere. this is a shame. is this a tragedy *of* cryptocurrency ? wtf happened man ?
this whole story is insane. its even crazier how espsteining people is just standard procedure now for corrupt groups. i mean, if you can get away with everyone literally knowing epstein was murdered, they are going to keep doing shit like that
you can not convince me this guy killed himself. he was a junkie maniac, but he was gonna ride the wave till it killed him, not gonna hang himself in a foreign prison. i would not be surprised if he knew some dirt on some very powerful people - who do you think he competed in the whale fucking with??
yeah, sure he has killed himself, just like epstein. not buying it. rip.
oh hey! another death uncle sam caused directly!
damn, why did they epstein him??
choked while eating his dick live on national tv
this makes me sad.
such a wild man.
rip dude, you made the '17 bull run a crazy time.
the guy was a f legend. rip
*getting subtle messages from u.s. officials saying, in effect: "we're coming for you mcafee! we're going to kill yourself". i got a tattoo today just in case. if i suicide myself, i did not. i was whackd. check my right arm.*
if he *was* hiding crypto, potentially more bitcoin is now irretrievably lost forever, thus increasing scarcity. lfg. always look on the bright side, people.
did he...you know...enjoy a 'last meal'...for the boys?
rip man. thanks for all the laughs over the past few years.
he was one of my favorite crypto manipulating billionaire famemoms... he did so "much" for the community. he will be missed. r
a shitcoiner in the end but no one deserves that. rip.
r.i.p to cryptos crazy uncle
rip to the og crypto bull it’s kinda surreal to me that john mcafee is gone. i mean, it was coming as he was 75, had years of heavy partying, and was locked in a spanish jail. but he was like a staple of crypto in 2017 lol. i remember getting up at 6am and waiting for his tweet of the day, only for bittrex to crash so i wasn’t able to sell, forcing me to get caught bag holding a pump and dump. still, those were the days😩 rip to an og and someone who saw the potential of crypto before many others.
thank god. this guy needed to go ...
not according to japan.
i normally make fun of the conspiracy theorists, especially the epstein ones, but it honestly would not surprise me if it mcafee was gotten by a hit squad. he had a stupid number of enemies, including quite possibly several governments.
he killed himself. and no. not like epstein either. guy was a pussy and murdered someone else. i’m not sorry he’s gone and no one else should be sorry he’s gone either.
holyyy shit this just screams epstein
what a coincidence!? wonder all he knew
this is not sus at all. nothing to get worked up about. just another guy found dead in prison.
he was a nut job and a genius, living his own action movie. he was also 75 years old and probably only lived that long through massive amounts of drugs. was he suicided? maybe. but more likely to have died of old age.
just a reminder: epstein did not kill himself
whackd 2 airdrop imminent?
never fuck with the irs
he should have gotten on a plane and have a news-saturated crash fake his death like the rest of the celebrities
holy shit, his weird shenanigans will be missed.
dicks out for mcafee, rip you deserved better than this.
ok, check your sheets everyone… who had *“found dead in a spanish prison”* for john mcafee? everyone, right?
damn this news hit me more than i expected
he is eating his own dick in heaven now rest in peace john you crazy son of a bitch
rip, man. we hope you found peace.
how can i be dead.
they will kill you
norton is better anyway.
i wonder if, let me check my tin foil hat here, he’s still alive. bribe the right people piles of money and live somewhere nice off the spanish coast. have the right people fake your death and live in quiet somewhere.
🥺😢😭 he is a great guy
he's about as dead as epstein lol. he's smoking a fine cigar on a private beach right now.
guys there's a billionaire killer on the loose, can the billionaires be safe? maybe if we send them to mars.
what can us redditiors do about this?
wow so who got to him?
i hope they find the cause. rip but damn would it not be crazy if he died of covid in jail… killed by a virus. that’s some irony
who was he ? never heard of him? was he elon's papa?
that’s what you get for messing with uncle sam 👊
the first person to ever successfully uninstall mcafee.
sounds like he knew he will end up dead soon
never thisclosure the true amounts of crypto that you own to anyone. ![gif](emoteemo_pack_1yeah)
his assets were seized during the investigation into a terrible boating accident.
can some give me a tldr of what what the context is here?
damn, way to go down in flames
a life lived to the max.
proceeds to have a hooker shit in his mouth
i left everything in o n e p i e c e.
wonder how long before twitter deletes that. twitter usually deletes popular tweets right after a person dies claiming they "violated policy".
he did claim to know who satoshi is. sus
rip you crazy bastard
sad combined with badass
probably the coolest nerd of the 21st century
this is wild. he was a crazy man so there is definitely more to this story! rip john mcafee.
he tweeted [this]( on 27 may :( *today a man facing a difficult situation asked if i knew of painless ways to kill himself. having little experience in such, i was of not much help.* *the amazing thing is that the tone of the thiscussion was like thiscussing the weather.* *prison is a strange environment.*
this is sad and weirdly beautiful.
hey did you guys hear john mcafee died?
sounds like exactly what someone who hid something would say… i can’t wait for the indiana jones nicolas cage scavenger hunt
unlike epstein this man definitely killed himself.
he knew something was up. he was going to get epsteined.
he led a hell of a life and taught us all a valuable lesson in life... ... how to remove bloat-wares.
was he tweeting from prison or does someone manage his twitter for him? 🤔
rip to a fuckin legend!
damn. i'm guessing he took himself out?
"your belief is not required"... apparently others' beliefs were, considering all the troubles. but hey, anyone can say anything these days 🤷‍♂️
he has a 15 terrabyte drive on a dead mans switch that was suppose to be sent to media in the event of his death so hopefully something good can come of this
god damn i should start programming
ohh shit ... nooo wayyy... did he die from choking on his own dick?
> rule number uno, never let no one know > how much dough you hold cause you know > the cheddar breed jealousy 'specially > if that man fucked up, get yo' ass stuck up
it's absolutely thisgusting that the first comment on that tweet is someone talking about who should play him in a movie. what kind of bs society have we become?
i left everything i own in onepiece.
he should have tweeted that he was of sound mind and not suicidal (assuming that was true). saying 'i regret nothing' is easy to spin as a defiant statement before you take your own life. i'm not suggesting he did that, but it is sad how the media will turn this to whatever narrative they want to spin.
it's like he is anticipated his death, nothing more worrying and scary knowing that fact.
sadly, he did not live to see 1 000 000
just reading up on him on wiki, he sure lived a very eventful life. rip
damn. holding crypto is a sinful as directoring the largest pedo ring? that shit is really scary.
holy shit that was great
it was like that time i hired that bangkok prostitute... to do my taxes, while i fucked my accountant
let's remember him like he was in his [second yt video]( i actually like [the third one](
lmao wow that was fucking hilarious
this was amazing thank you
i saw that video years ago, and only now i realise it was not at all exaggerated.
what a fucking baller.
what the fuck, he is the tiger king of software.
algorithms designed to buy a coin the second he tweeted about it. it's happening the same now with musk. interesting how similar these two are.
he was pump & dumping before it was cool
elon wishes he was mcafee
pump and dump… john cut hole in the hammock. and i shit in mouf.
he reminds me of a mix of pablo escobar and hunter s thomson. truly a crazy life. a movie of his life would be insane.
this summer james franco is... j o h n. m c a f e e.
i mean the doc they made a few years back was already fucking wild
rdj for the lead.
or just by installing any other software and getting mcafee antivirus included
i know i shouldn’t laugh but i’m still going to hell so... nothing changes
wait for the autopsy results
"what would you like for your last meal?" "don't worry, i brought my own."
maybe he choked on his dick.
so... who gets the 31+ tb of data?
lol what on earth kind of data is 31+ terrabytes. does he have a copy of all messages ever sent through facebook? coz sure, there'll be something incriminating in there somewhere
crypto's entertainment sector is second to none.
to be fair, tweeting stuff like that right before killing himself is very john mcafee.
guessing that'll be released any second now, right guys
31 terabytes is far too large of a number to be believable.
>if i'm arrested or thisappear, 31+ terrabytes of incriminating data will be released to the press. ok, where is it?
> 31+ terrabytes of incriminating data will be released to the press. let us hope the press will actually report on this.
>6: >i've collected files on corruption in governments. for the first time, i'm >naming names and specifics any day now 🙄
rip you fucking legend!
how about this one >getting subtle messages from u.s. officials saying, in effect: "we're coming for you mcafee! we're going to kill yourself". i got a tattoo today just in case. if i suicide myself, i did not. i was whackd. check my right arm.
at least he had that prediction right
did they ever release that data?
other, much more recent, tweets of his are him saying that he has lost everything, and all of his friends have abandoned him. and another one where he says he would be dead already if the cia wanted him dead. waiting for extradition to be approved to kill him would be a pretty strange move for the us government. regardless, he was a paranoid tech. if he had info he really wanted to release, it will be released even (especially) in death. as he said. if nothing comes out, i would not be surprised. the way he lived his life, the much more interesting conspiracy theory would be him faking his death. but the simplest answer in this case seems to be the most likely.
thought i remembered him having a dead man's switch that would dump info to the press...
getting subtle messages from u.s. officials saying, in effect: "we're coming for you mcafee! we're going to kill yourself". i got a tattoo today just in case. if i suicide myself, i did not. i was whackd. check my right arm.
i hope it happens and its not just a grand troll... because that is exactly what i would do lmao
stop with the conspiracy shit. mcafee killed himself cause he would rather do that than have to pay the us government taxes. he was gonna be extradited back to the states cause it got approved by spain’s government last week. gotta respect the due for killing himself rather than paying taxes...true libertarian
how do you even have 31+ terrabytes of incriminating data? i work in a real estate company, we have 50+ projects saved in our server, with some of these projects taking years to plan. we do not even have 20 terrabytes saved up. does this guy have years of 4k pedo porn on his server?
why did you miss out this one? the dude killed himself
this is an idiotic comment i do not get how this gets so many upvotes. you are playing his conspirationist game. he was just a piece of s\*\*\* and liked the attention. those 31+ terrabytes you'll never heard of. the tweet is from 2019, have you heard anything when he was arrested ? nope. and if he truly had data on corruption, why not release it ? a good person would release it, not keep it as leverage in case he would be arrested. you also omitted all the more recent tweets showing he was really feeling down and inducing a possible suicide, only sharing the tweet that might induce a conspiracy...
he was full of shit.
dude was literally an insane pedo who murdered his neighbor. he was full of shit
waiting on that dead man's switch
dude was literally a crack head.
man just knew he would end up dead soon
its your play john. one last f u to the system.
too bad if it is true the press would just hide it.
“getting subtle messages from u.s. officials saying, in effect: "we're coming for you mcafee! we're going to kill yourself". i got a tattoo today just in case. if i suicide myself, i did not. i was whackd. check my right arm.”
i'm bullish with this news.
man: *dies* bag holders: "omg bullish" 😍
may he rest in peace along with his keys he lost in a boating accident.
maybe this will become his most famous exposure to crypto after the dick case. we’ll see.
this needs to be higher
would he be able to keep quiet though? lol
he was balls deep in crypto as one of the first high profile people and gave the space exposure.
he made a psa for his own anti-virus program for being a piece of shit. with strippers.
his software was also borderline malware
sad to hear about any man dying... hope he finds peace! 🙏
rip for the guy, but does that mean that there is more btc shortage? does anyone knows his btc address?
assuming mcafee didn’t eat his own already.
and now we've gone too far
prostitutes shit in his mouth ?
mcafee ~~walked~~ ate shit so that we could run
was he being sent back to the usa for not eating his dick?
he was a chad in his own way. may he find his peace now!
we can’t argue that he wanted crypto to be more exposed. john was one of the first exposers when it comes to crypto.
i do not like him, and i do not see why people do. if stalin was alive and said "i like crypto" 50% of this sub would cheer for him.
that thing was posted after he died.
plot twist: john was the original q (from 4chan) and invented the whole thing to pump his whackd shitcoin.
your reply, in my opinion, is the best in this whole thread.
this is why i read the comments section
cause of death: choking on... meat.
john and his famous promise on national tv about eating his own dick if btc doesn’t reach .
i wouldn't put it past john mcafee to say he is not going to kill himself and then kill himself just to troll people for eternity.
well that was 2019
most people who commit suicide make a split decision.
he definitely did 😔
he posted a tweet in october or november along the lines of, "if i kill myself, i was epstein'd." edit, found the tweet:
i dunno man, if he was going to (finally) be facing charges i could totally see him killing himself rather than dying of old age in a cell. highly recommend the behind the bastards episode on him for anyone who wants to learn more about how fucking wild his life was.
mcafee didn’t kill himself?
hope it was not suicide due to his low self-epsteem
"getting subtle messages from u.s. officials saying, in effect: "we're coming for you mcafee! we're going to kill yourself". i got a tattoo today just in case. if i suicide myself, i did not. i was whackd. check my right arm."
the cameras in mcafees cell also did not work for 5 minutes at the exact time of death? not suspicious at all.
he also said he would eat his own dick if bitcoin did not hit ,000,000 by 2020, so you know, maybe not the most reliable narrator.
one of the og pump and dumpers. he was advocating crypto 4 or 5 years ago so he was pretty ahead of the curve as far as famous people go. most people will remember him as the tax evader who made a bet that if btc did not reach a price of , he would eat his own dick.
cuz he fled to spain to evade and possibly seek political asylum
>europe is basically us bitch bad bad europe extraditing a guy who is facing charges in his country. unbelievable
where did he write those things?
there is far too much to explain if you are that out of the loop
yes, he was arrested in spain last year due to an interpol warrent issued by the us. they sought to have him extradited for tax fraud, which the spanish court just approved.
tax evasion and linked to a murder case
“that’s right, elaine! white lotus. yam yam. shanghai sally!”
>he took measured to ensure that if he does commit "suicide" he did not do it himself. can you elaborate?
doesn’t the fact that he had twitter from jail imply he had special privileges tho?
i heard he choked on it.
except mcafee was perma-bull, never tweeted fud.
there are a bunch of kids who only know him because of his joke about eating his own dick. they have no idea who or what mcafee actually was.
pretty sure the guy could’ve afforded an e but what do i know about tattoos
except for the whole murder part, yeah
because that one is much easier to prove in us courts. also, us does not care what happens offshore. as long as they can colonize other countries to take over their ressources. us military probably raped more women in the universe then any other troops.
we will also remember him as a great computer scientist, with a career in nasa and xerox, starting long before he became a pioneer of the internet by creating one of the first mainstream antivirus software.
bbc just reported it too...
looks to be true.
he literally scammed people with pump and dumps in crypto. what contributions? lmao
nope definitely dead. hung himself. and one of his crimes was a crypto pump and dump scheme where he bought up crypto, went to twitter and said something about it, then sold all of it and made 2 million profit. almost like him and musk were bros!
yes, not everyone adds whale-fucking to their resume after murder and rape.
yes he did kill himself
the bsc one is a trap, you cannot sell it. the one on eth is the real whackd token.
he hired a hitman to have 2 people murdered.
guy possibly murdered someone and evaded taxes, he went on a downward spiral since years, going batshit crazy. he had nothing to pressure the elites like epstein
i mean hes 75 and facing the rest of his life, however short it would be in solitary confinement...he offed himself for sure
you seem really invested in this topic, new account.
well he did. one last middle finger to the irs 100-200 people were on his case for sure, now all that gets archived and the irs will have to shut all media activity relating to mcafee
he was fairly rich and famous from making mcafee antivirus and selling the company. he was an early adopter of crypto. he was one of the og pump and dump shitcoin purveyors. he lived a life that would make a movie so fucking strange you would think it was made up.
he was a big proponent of crypto (specifically bitcoin) pretty early. he also appeared on many shows spreading that message. more recently, he shilled shitcoins and got paid extremely well for it. basically a pump and dump scheme.
can we still somehow get him to eat his dick as he promised?
he also promised he would eat his own dick…so…
sick of people like you that have no clue about the guy, yet you claim stuff you know
sort of soon but it’s ok
that's one way of looking at him.
lmao he was a criminal
it was brought by intel yeaaars ago :)
there is already a documentary about him on netflix
he was a mischievous little rabble-rouser who lived a crazy life and loved crypto.
**['bullish' definition]( when market sentiment is positive and the price is in an upward trend. *check out the [crypto terminology guide]( for more 🤖*
he choked on it, that is how he died. the only question is, if it was his own tho.
we are not sure how he died, so there may still be hope...
tax evasion in the us. he was about to be extradited, since the spanish court ruled against him. he was facing upto 30 years prison time in the us, so i guess he figured he might as well pull the plug at his age.
well, btc isnt 100k, so i guess its feasible.
lmao known mentally ill troll says “if i die sometime, the us government did it!” and somehow you thinks that means he didn’t hang himself
**wife would kill him with poo 💩***
watch: gringo: the dangerous life of john mcafee
of course not, bill barr's henchmen hung him.
what we do know is that there is no such thing as "the south american government". if you want some traction for your conspiracy theories, at least take the time to get the basics right.
needs some aliens or a little bigfoot.
not crazy, genius. i cannot remember the interview, but he explained why he often said the things he said (like eating his own dick) is so that people would wake up and see the tyranny taking hold of our societies and governments.
why do you think that?
mcafee did not hang epstein. i said it first!
it’s really shivering, looks like john knew something that shouldn’t be thisclosed to public. we will see what will happen in the upcoming days.
of course he knew he would kill himself.
it was either that or eat his own dick.
seems like he’s known for [years.](
knowing the man from all this years i can almost assure you he would kill himself if he knew someone would burn for it. but then again he did not sound like the type of person who would kill himself and not be around after to stroke his infamy. rip you crazy fucking drug fueled genius
probably because he was forced to cold turkey all the drugs he was taking
i mean he was in a prison cell and was being sent back to the us for tax evasion, sounds a lot more like he knew his shit was getting turned out no matter what happened.
wasn't every statement he ever made just as dramatic? he was a raging megalomaniac, after all.
nobody expects the spanish extradition
he probably owed somebody money and after getting his crypto assets seized he could not pay it.
he has literally tweeted multiple times that they would epstein him. he even got a tattoo for it.
if the us wanted him whacked, it would have been easier to do before he was in prison.
umm, go look at his twitter. he had tons of tweets like this. 1 was a tattoo he got, 1 was about a hard drive he had that would be released if he got "epsteined" idk man kind of crazy.
john lived as a troll and died as one. it's more likely (imo) john killed himself when he realized he would die in a us prison. at 75, he is lived a wild life -- better to go out on a bang than a whimper.
he knew that the us would kill himself
he knows what's up. he has seen a lot.
or he killed himself to avoid paying the millions he owed in debt
or that he planned to hang himself when his extradition was approved? starting a conspiracy from the grave and evoking the memory of epstein is pretty legendary. i’m in awe.
dude was highly unstable his entire life, literally played russian roulette solo for funsies
sounds like he did not want to face the consequences of his actions
this is also john mcafee, the guy thrived on his image that he worked very hard to create. i absolutely wouldn't put it past him to kill himself after telling everyone he not only wouldn't kill himself but that he somehow amassed a massive amount of incriminating information on the us government. it only fuels the same speculation he is been cultivating for years. what prevented him from releasing this so called data 2 years ago when he claimed to have it? i personally think he killed himself because it seemed like the better alternative than being defeated by the one entity he flouted and antagonized the most, the us government, just to prove a point that was not worth proving in the first place.
yes. generally people who commit suicide know they are going to die ahead of time. that is the whole point after all.
yes, i imagine he started planning his suicide as soon as he realized he was not going to escape his legal troubles.
well, it sounds like part of a suicide note tbh
sounds more like he knew he was going to prison for tax evasion.
there’s a father’s day tweet he retweeted too that gave me chills for some reason.
yea, it’s really fascinating
yup, wouldn’t be surprised
sounds like the exact same comment i keep reading in every other thread about this. i wouldn't be so sure.
he was 75 years old. i'm sure he knew.
it's easy to know you'll end up dead soon when you do it yourself.
hence the tattoo \[ \] and tweet stating just that,
pretty sure the man has enough cryptos to fake his own death!
he tweeted a new tattoo he had done, 'whackd' with the caption 'i got a tattoo today just in case. if i suicide myself, i did not. check my right arm.' edit: spelling.
>sounds like he knew he will end up dead soon. you mean like someone planning on killing themself?
thats how commiting suicide works
it’s not a conspiracy. he didn’t pay his taxes in a decade while being a very public figure, combined with pissing off anyone powerful enough to help him. it’s not a conspiracy theory. pay your fucking taxes or the irs will turn your life into hell.
who would want to kill him?
he's just pulling an epstein.
damn democrats strike again
a man in his position knows full well what his fate will be. just like snowden knows what his fate will be if he leaves russia.
wow nice fuckin call.
yeah he knew he would kill himself.
says the person with 35,320 moons.
i got 1 bitcoin
and use monero if you wanna keep your coins private. not a shill, but not aware of any blockchain that could do what monero does
this guy has the tenacity to fake his death.
john mcafee was paranoid and had been evading the belizean government and the american government for years over a wrongful death charge, securities fraud, tax evasion, and a few other charges. it would've been 30+ years. mcafee was paranoid for many years, and claimed the govt was out to get him. if you ask me i'm pretty sure he just killed himself, cause his wealth was fleeting, and his charges were stacking. or maybe he faked his death.
the spanish high court had just authorized his extradition to the us for tax evasion charges, and he killed himself.
died how he lived. in a blaze of glory and mystery.
fuck yeah bath salts!
when the biographical film comes out, this has to be the end credits.
lmao he made even more? what a madlad!
i really need to say this because i'm french, but when you create a brand, check a few languages, to see if for example, verge wouldn't mean penis in french...
haha i remember that
mcafee was literally running a telegram pump and dump group where you could pay to have a few minutes heads up of what coin he was about to tweet. musk is scummy but mcafee was next level
pumping and dumping right into his mouth.
and it was cool for a long time
elon does not have the balls to be this free.
elon is too fat and too emo
thomson backed his brain on relatively safe stuff. a fuckton of lsd and mescaline can bungle your mind a bit, but most people walk away fine. towards the end there mcafee was a walking seizure due to snorting literal kilos of sketchy research chems for years.
i think seth rogan was working on one.
_johnny depp has entered the chat_
i want nic cage
and in a crazy move, he unchecked the default options
he also promised it would be a nationally televised event
given that he was arrested and nothing was released, i'm guessing nobody.
you assume he was being truthful. i view it as kim dotcom claiming he has a button that can shut down the internet or shkreli claiming he had hillary's "missing" emails.
sadly i'm going to bet that there is not 31+tb of data... otherwise, well i imagine there would be some kind of dead man trigger and it would have leaked by now. 4chan has nothing so far, and nothing mentioned on most onion leak sites i know of. i do hope there is something out there though, but we all saw what happened after the panama papers, people just forgot about it as soon as it left the news cycle.
wasn't it supposed to be released to the press the moment he got incarcerated?
backup of ethereum blockchain
i’m a photographer, and i’ve filled up probably 5 terabytes over 10 years. video takes up quite a bit more space, so that’s probably the bulk of it.
girls shat in his mouth from a hammock while he did lines of blow and tweeted about shit coins.
that's 7 and 24 months before respectively.
i mean the dude was in prison, he was 75 and he was done. he peaced out on his own terms. fuck you uncle sam
fr. unless he caught them in 4k that is a ridiculous number.
what about 1.21 gigawatts?
turns out the 31tbs of incriminating data was the friends we made along the way
don't believe it until i see his so called data dump. he was a troll in life and this seems like the perfect troll in death. epstein had dirt on literally everyone on the inner circle of elite society, mcafee is an outcast
doubt it. dude just wants us to think that happened.
unfortunately for john, he has no credibility, its probably just 31tb of bullshit.
ok, this shit made me legitimately laugh out loud in my office. *disclosure: i work from home. but my dogs looked at me weird. i told them what you said, but they did not get it. or are being coy and will repeat the joke later at some dog party to a great roar of laughter.*
when it comes to stocks and companies - this is actually true
not long before craig wright comes along claiming he is the real mcafee, demanding the keys
if he had faked his own death and changed his identity he would already be bragging about it on twitter lol
nobody can forget his famous phrase about eating his tweenie if the btc hits . don’t worry john, your crypto vision will become true one day.
exposure by scamming people. all he did was shill shitty projects for $.
didn't he have some coke too? lmao
my whole opinion of him just changed after watching that video. he was more self aware than i realized.
honestly, the way he lived, i'm surprised he made it this long. the king is dead. long live the king!
i do not know what else to say but rip john.
i was not here in 2017 (took a break 2015-2020) but i have heard the stories and seen the posts. he sure left his mark on the community, rip.
nobody hated mcafee antivirus more than mcafee himself
the antivirus is really a thisaster, but the exposure that john gave to crypto was really a great gesture.
it didn’t start out that way. in the late 90’s it was probably the most respected antivirus software, before avg (waay before avg started bundling malware with it).
he claimed that he had no crypto left. so doubt there is any linked to him publicly.
2 girls, 1 mcafee
so there was this hammock...
no, for inventing "the tan"
yeah... just read up on this dude. seems like a peach. him dying before crypto not being widely adopted may be a good thing...
i feel like martin shkreli is a perfect comparison for the weird cult of personality they both attracted. just some richer-than-god piece of garbage humans that somehow get lemmings to follow them through sheer confidence and hubris
how do they know? was there a survey?
also: [if i suicide myself, i did not. i was whackd]( [i may get audited by the irs or even scheduled for suicide](
hell yeah thank you for sharing this edit: here's an old episode of joe rogan with john mcafee in 2012 edit2 link
got a source for that?
there is no cameras inside spanish prison cells, at least not on the normal ones.
you’d think these billionaires who hire assassins would at least hire assassins who changed their method up a bit to not be so predictable
and i suppose spain agreed that he should pay for his crimes? but still, how does that give spain the right to arrest him if the said tax evasion was committed against the us?
the guy must have been loaded, why avoid tax? the same with wesley snipes when he did it. did they both intentionally do it or could they just not be arsed to hire someone to do it for them? i mean the amounts of money they had, you could live purely off fucking interest.
it's a ticker bro look it up on etherscan
y'all forget the worst shit- having teen girls shit through a hammock into his mouth. nasty bastard
and the tax evasion, [beastiality](
funny how pump and dump is a crime yet it happens all day every day.
don’t forget his scat fetish sir!
let he who hasn’t hired a hitman to have 2 people murdered throw the first stone.
i would have thought nothing of it other than the conclusion if not for his tweets saying how he wouldn't kill himself and if he does its bc he was killed. guy had a tattoo about it as well. the possibility does exist for him to have manufactured a mystery around his death but it is murky at best. also killing yourself over tax evasion seems extreme... but then again this is john "i'll eat my own dick if i'm wrong" mcafee we're talking about lol
he had dirt on higher ups, he didn’t kill himself unless you believe epstein did also then your a coocoo
did you listen to the full interview?
couldn’t help myself. guess i’ll just blame it on my autism.
so were the americans who took part in the american revolution. and the citizens in the french revolution. as is everyone who smoked weed for the last few centuries.
oh no... rest in peace john
based on his increased paranoia over the years, it would be pretty wild if it ended up being well-founded paranoia while we were all laughing at him.
what? no it does not, it sounds like he knows he is fucked and as lost everything and everyone in his life
he knew something. not necessarily something real, but something he might have believed
lmao is this a joke? the guy was a psychotic junkie, constantly paranoid and never sober. every one of his tweets is some conspiracy to get him. he had been running from the law for many years, i'm sure that added to it.
didn’t he claim that he helped the cia use mcafee antivirus as a back door into personal computers?
he was the kind of guy that lived life to the fullest and wanted the spotlight on him when standing up to authority
the guy was crazier than charlie sheen on drugs talking about tiger blood…
knew something?? knew what? he does not need to have "known something" to wind up dead in a jail cell. he maybe legit did not want to go back to possibly a lifetime sentence in the us. or the thugs in the jail he was in tortured him to extract his keys, but who knows. just saying, you do not need to be privy to special lizard people secret knowledge in order to die. edit: ok i have now seen the tweet where he claims to have some incriminating evidence on file against some powerful people. ok, i get it. let's see where this goes and if the trove of info is indeed automatically released like he tweeted. i will be interested to see along with everyone.
guy was a bit crazy. claimed to try to have sex with a whale.
nope. he was a fraud. he shilled shitcoins making millions and of course he did not have any crytpocurrency. crypto is a scam that brought him millions in real dollars. the quicker you realize this the better.
everything of said circumstances should be released to the public
i don’t know. i saw a documentary about him killing his neighbor and i would have my doubts.
he can see through metal because he is spent 60 years high as a kite
based on his unhinged tweets, i'd say it is more likely he is a grifter with mental issues.
that does not make sense. the us was actively seeking his extradition to stand trial...unless you are saying the spanish killed him or some private citizen.
there's no way he was mentally ill and killed himself because he was being extradited. no way this is the case. it must be that he knew something. he could not have released this information online before his death or used this to leverage his freedom.
where are y’all getting these conspiracies from?
it really sounds like he didn’t want to go to an american prison vs there being some massive conspiracy.
absolutely nothing, that murderer was insane.
or he killed himself
never know how long the dead mans switch...
he was high on bathsalts for years. not a surprise how its all ended. interesting life tho.
now read his tweets about fucking whales and rating videos of different bath salts he liked. he sadly had severe drug abuse issues and mental health problems.
what if he paid people off (like he has in the past) and this is all a elaborate hoax where he is actually just avoiding extradition. probably starting his 5th life or whatever as we speak
>john knew something that would not be thisclosed to public fify.
didn't expose the deep state somehow?
must have been associated with the clintons. ^(?)
i'm fairly certain i saw one of his tweets saying if he dies he has terabytes of info set to be released to journalists if something nefarious happened so may be an interesting few weeks coming up...maybe
nah. he’s always acted like he did but never once delivered. he died of old age and just wants everyone to think he was some kind of important insider, when i’m really he was a two bit crypto shill with a boat.
he definitely had something to hide. he did a good job summarizing his story and primarily his several year long pursuit between him and federal authorities from several countries on [the official podcast]( (his part is from the into to 25:00 roughly)
i’m sure they will get to the bottom of it 😉
>it’s really shivering, looks like john knew something that shouldn’t be thisclosed to public. he knew what most people in r. what assange and snowden know. basically, what everyone knows but the newsmedia and politicians deny. i'm not sure what it had to do with him personally though. i cannot think of any reasons why they would want him dead. very different from somebody like epstein facing trial, whose testimony would implicate dozens of very powerful and wealthy people.
> looks like john knew something same like all other heavy meth users
totally off topic, but why is your username showing up as dark red?
he did not have to know any secrets. he flaunted wealth and if the government could not extract it from him that would have set a bad example for their monopoly on wealth, so they made him their own example
his story has more missing links than a yahoo message board from 1998. he was crazy, but he went crazy because of what he knew. he takes many secrets to his grave. no doubt.
you people are so gullible. no wonder you’re in to cryptocurrencies.
my assumption is nothing will come of it just like epstein. the news will be up for a few days, maybe a week or two then everyone will move on. the truth might come out 50 years from now.
well if that is the case, no we would not. epstein knew things they did not want coming out, looked what happened to him... 🤷🏼‍♂️
lol you have no idea about john mcafee do you? he would have wanted it thisclosed to the public. then he wouldn't have ended up dead.
nothing will happen. the true tyrants are in power now.
sounds like a pre-emptive epststein move?
isn't it a little soon to dive right for the conspiracy theories? also why "shivering". it is sad, reading some of the last words of a likely suicidal man who believes he has lost everything, but i dont think we need to stretch further than that.
i've followed him on twitter out of curiosity for a few years. he was done for tax evasion yet said he moved out of the us years ago. i know you still pay taxes even if you move away from the us but man america really fucks you.
why is your name red?
most likely is going to be another epstein case.
he was a crazy man. if he knew something it would have been already thisclosed.
he has stated that information would be released if he were to die. he has a friend. we'll see. get your popcorn.
he talked openly on the adult swim interview about having info that implicated the secretary of defense in 2015 as being the biggest human trafficker and drug smuggler in the us at the time. jen (the interviewer) was like “yeah we don’t wanna be killed by those guys either so we’re not gonna ask you about that”
okay, q. this is some lemon brain stuff, the dude was fucked up for years. but go down the rabbit hole and get red pulled or whatever. he said a tweet, it has to be true - especially because he said you don’t even need to believe it!
funny how the almighty government could not stop him tweeting even when he was in a prison cell.
not to mention, paranoid as fuck.
can i have it?
i have 1 shib
the one guy i wouldn't be surprised who faked his own death and is now living in the bahamas or jamaica or something lol
"yeah i did hide cryptocurrency. a lot of it. how much will it cost to fake my death?" - john mcafee, probably.
in my mind, mcafee paid off the spanish gaurds with several bitcoins and is now chilling in the grenadines
the paranoia was likely largely the massive amounts of bath salts he was doing.
there was like 6 women...
that's probably why john mcafee like it
yes, and? musk is running a literal twitter pump and dump group, using his tweets to make his followers buy coins [and then dumping them right before making an announcement he knows is going to drive the price down]( i hope the sec destroys him.
at least the dumping part is correct
elon is a teenage girl
he also did not have the guts.
that forum post about him trying to engineer purer bath salts is legendary. the man was insane.
didn't thompson do cocaine pretty much all day every day as well?
he knew their flaws
*due to emerging interests in data, bidding has currently been thisabled*
do you take coupons from mcdonalds? no one will outbid me. ![gif](emoteemo_pack_1dancing_wojak)
literally why does anyone believe anything this guy said, he was obviously out of his mind and staring down the barrel of all the consequences for all the terrible decisions he had made
kim dot com never said that the fbi used is as an excuse to raid his home in new zealand.
ch ch ch chia!
this definitely got me laughing
>dead man trigger livemanswitch.com
well unless the governments are shooting their secret corruption meetings in 8k with a red camera i really dont see hoe the data would be 31 terabytes.
he also didn’t have direct access to communications in prison, it was tweeted via an intermediary- like his wives- so it’s very likely they added something to his tweets or took stuff out.
i'll put satoshis on bonkers.
so what happens to
i hope when i die people question whether or not my whole life was a troll or not
i love how everybody here believes the ravings of a maniac.
31 tb of prostitutes shitting on his chest.
from 25days ago. odd choice
he said he would eat his own dick on national tv if btc does not reach
isn't that majority of crypto influencers? have you not been on pancake swap? every project on there is a scam lmao
he did forget about the program
uhh that is some break bro lmao
that is why he dumped his stock
well, had he kept his "bitcoin 1mil by 2020" promise, he sure would've gotten crypto even more *exposure*
yeah he lost it in a boating accident
damn, full story ?
on a porn site near you.
100% of those polled did not say they did not
asking the right kind of questions here!
you forgot to include it in the edit lol
yeah, at least let them train in hitman, there are so many creative ways to kill a target. you also do not finish up your challenges if you always do the same thing.
but it worked? why switch it up
in short, because countries have a deal where they can request the authorities to arrest criminals that try to evade the punishment. nobody wants to harbor an insane, possible murder and tax evading person
what a time to be alive
mcafee was a libertarian nut who did a bit too many bath salts. had more money than he knew what to do with even in the early days of his drug habits. he fucked around with crypto so the taxes there may have got him if it was severe enough. but i'm pretty sure he just thisagrees with paying taxes and "chose" not to like a bunch of other libertarians who think they are making a statement. he was getting real batty near the end.
those tweets were made before he was facing extradition, which is a significant development. i am waiting for more information and watching .
he killed himself for sure
not everything is a conspiracy
nice to know about nuke reddit history. doing that to a few alts today!
just look up his crimes. it’s not the same.
murdering someone and commiting massive tax fraud (which also affected everyday people btw) is "breaking out of the system"?
he murdered someone jerkoff
also the guy who shilled a lot of pump and dumps on innocent people while already having more than enough to live comfortably. really not someone to glorify or feel bad about.
did i ever say i didnt? im just curious what reasons he may think about, maybe i missed something?
"just because you're paranoid, that does not mean they are not after you."
i think i would be more amazed that he managed to keep something quiet that could give him notoriety. he's not really known for keeping his cards close.
wasn’t he the guy who had a private island in latin america and was doing blow and having hookers round the clock?
"if you believe every conspiracy theory, one of them is bound to be right eventually"
supposedly a bunch of unknown people around the world have a 31tb dossier that is supposed to be released if he dies.
i mean, they were out to get him... for breaking the law lol. pretty simple.
oh come on! you act like epstein “mysteriously committed suicide” and the guards “forgot” that the camera wasn’t working and that they “aren’t under investigation” now. <eye roll while my tin foil hat slips over my eyes> quote: it’s only a conspiracy theory until it’s proven, then it’s just swept under the rug or you wind up dead. -me
yeah , i think he became mentaly unstable, after losing all his billions and his friends and so on...
probably all the cocaine he was doing
we should have just bought mcafee, the virus reckoning is coming
john was a colorful guy anything is possible?
hard to believe he wouldn't have a dead man's switch
it's only paranoia until you're right. john mcaffe was a questionable dude that dabbled in cyber crime and other criminal activity, and it should not be to anyone's surprise that he got got like he did. still shady, would love to know all the details.
he knew he was going to get espsteined...err... "whacked"
i do not know, i never laughed at him. rip john
like stuck in a nightmare. you’re screaming for help to the masses and everyone laughs.
i think lots of people laughed at his behavior, not really the fact that he was paranoid. the shit he did would make anyone naturally more paranoid than the average joe.
its probably some snowden shit too... people in power keeping us in the dark.
he was afraid he wouldn’t be able to bend enough to eat his dick... or did he die trying?
dude was flying drones over epstiens island to give the public a view of the shenanigans that were going on. plus you have to think of how much data he had on everyone that installed mcaffeee anti-virus. ' he was paranoid, but he was a billionaire that wasnt part of "the system". truly a man that valued freedom. the last cowboy
wait, you think believing that the government will kill you if you do not pay their racket called "taxes" is unfounded "paranoia"?
more like he stopped taking his meds...
people mock and ridicule what they do not understand.
fine line between being perceptive or paranoid.
i think people should understand that lots of paranoia stems from well founded paranoia. it starts off as just seeming a bit crazy but over the years it becomes too much to handle and people slip further and further
you were laughing at him. don't associate yourself to the people who had.
i mean we were laughing at him for reasons other than his paranoia which was well founded if you are aware of his... "history"
i never laughed *at* him, bro. dude might have been different, but, he is a freakin legend. sheesh. this really sucks.
if you work in cybersecurity, it is pretty easy to become paranoid (or whatever you call it instead of paranoia because it is real)
i mean, the dude didnt like paying taxes. no doubt he was concerned that he would get arrested at any point in time. i cannot blame him though, i would not pay taxes if i could, considering most of my tax money goes to bailing out corpos or funding "the military" as opposed to funding public transportation, infarstructure or education. but if i did not pay my taxes, i would be pretty paranoid too.
maybe spending all your money on hookers and blow, rather than pay your taxes is a stupid fucking idea.
he always talked about a dead man switch, let us what this dead man's switch do
that’s called a conspiracy theory. what you’re doing is buying into a conspiracy theory.
isn't this the same john that had underage prostitutes shit in his mouth according to a documentary about him?
it would take at least three men to fuck an ostrich...allegedly
he broke the first rule of whale-fucking club and paid the ultimate price
what the fuck lol
i just heard the fbi knocking on your door.
seriously, how does the comment above have 700 upvotes. the venn diagram of idiots and crypto posters is almost a single fucking circle.
this. for anyone that has been following computers. dude was always high and always selling unrealistic projects. smart guy but he had demons and was paranoid. edit: spelling
yeah it is unbelievable that people are (again) looking for the conspiracy angle when we're talking about a guy who was very unstable and clearly delusional. story time: when my cousin died, my aunt went through a period of depression. she was convinced that her dentist put a bug inside her tooth and was listening to our conversations, so she preferred to write instead of talking. it was clearly a symptom of schizophrenia. bottom line: just because someone says "i know things, they are following me", it does not make it true. it may simply mean he is delusional. which he was.
lol yeah not going to give this crazy mofo the benefit of the doubt and pretend like he actually had top secret knowledge
lol why do you even waste your time here?
if this scam makes me millions so be it
paypal and visa thisagree. cope.
you have to drink more beetroot juice. srsly, you have to buy a premium membership for 5! enjoy! you can also buy the premium with the moons but it’s not worth it.
he has been found out
🦶🏾you can instead kiss the bottom of my feet
also the one guy that i would expect to make some shit up so that ppl talked about his death like it was a a conspiracy
and do not bother doing anything more than call himself jane mccafee and still has the beard.
can't imagine him keeping a low profile after faking his own death. probably live stream himself the first day he arrived.
spain is not that kind of country, yes bribes do exist but most of the authorities are strict. this is a developed country that had to deal with terrorism for many decades now, they do not fuck around when it comes to securing their prisoners - think of it as a less trigger happy america. on the other hand, they seem to have allowed too much lenience and eventually mcafee ended up having access to rope or a belt or shoelaces, something like that is enough to hang yourself.
iirc he sold out of that company and he had nothing to do with the anti-virus for years and encouraged people to not buy it
> the sale trimmed tesla’s position by 10%, tesla cfo zach kirkhorn said on an earnings call monday. tesla did not dump their bitcoin. they sold off 10% of it over 3 months ago because the price became outrageous.
he was really into both r. i'm not sure i will ever live a full human experience not knowing the joy of combining such pleasures now that i'm aware of the depths john mcafee went for his debauchery. truly inspiring.
he was pumping while the women were dumping.
elon is a teenager
would you be so kind to share that forum link?
and drank like a fish.
remember, each is only worth 1. you better have a warehouse full.
are you sure? i'm offering my unique dildo collection.
confirmation biased. these people like him know it is super easy to play into the delusions of crazy people and of they do then they can use them to try to shield themselves from the social repercussions of their actions.
it’s also his porn collection. mostly his porn collection.
the guy had multiple wives? his story gets more and more interesting.
you’re just a pussy that doesn’t do heroin and meth at the peak of peyote trips
imagine dying and being remembered for that statement. truly a crypto bull in life and death
the feds were gonna try and make him hold up on his deal. cant eat your own dick if your jaw has rigor mortis.
it was ,000 by july 2020:
very compelling. casket... err... case closed.
makes sense, thank you so much for this!
the timing and circumstances around the tweets are important for sure. i'm not invested enough to draw a definite conclusion either. it's hard to do as an outsider when all we get is media articles and stuff. if the epstein case was not so hush hush with no results, this wouldn't have been nearly such a big deal
conspiration is extremely common.
lol like you would know
exactly this, i doubt he knows any secrets of any import — the guy loved to drink, do drugs, and talk
had em laying in hammocks, shittin in his mouth and stuff. real cool guy
suspiciously young hookers. and allegedly drugged and raped a belizean biologist. and hired an army of thugs. and possibly murdered his neighbor. the hero worship of him in the crypto community is beyond cringe.
no no, meth. it was meth.
if anyone thinks that friends and family are not tied to your money (esp. billions) then i have some cheap land in texas to sell you. it has a safe full of physical bitcoins at the bottom of a swamp and it will cost you .
he was not a billionaire though, i think his wealth peaked at around 100 million usd
hahaha the last cow boy. wtf man. pablo escobar was the last… what conquistador? tf is up with the romanticisation of mobsters?
you jumped to the us government killing him in a spanish jail pretty quickly there, so unfounded would be an accurate descriptor at this point.
not a big fan of roads eh?
i mean the top 1% pays only a couple percentage points(if not 0) of their wealth increases year to year and they are all still alive?
oh yeah. let billionaires not pay taxes on the billions they earned extorting money from the lower and middle classes. that’s what society should be all about. praise the rich and predatorial. fuck the poor and weak.
it's easier to fool someone than to convince them they have been fooled
oh yeah i’m sure you can relate to the billionaire cocain addict on the run from the govt for tax evasion. you’re a true libertarian and great success awaits you. you pussy.
no, i’m not. saying something would be funny in an ironic way if true is in no way buying into a conspiracy lmao
well, maybe it was a sick ostrich.
he played the iron game and paid the iron price. ironic.
the first rule of whale-fucking club is, you do not talk about whale-fucking club.
safer to stick to sharks, like john mcelwain.
yeah right? why escalate from ostrich to whale?
hey thanks i take it as compliment that you said almost lol.
he never ate his own dick either. booo
reddit loves rote contrarianism as a first principle.
because it is funny watching all the people who do not know a damn thing about cryptocurrency talk about cryptocurrency. 🤷‍♂️🤷‍♂️
it's too late. there are not enough greater fools.
no they do not. if people willing give businesses more money for nothing, they will keep offering the service. i'm guessing you're probably poor and uneducated?
yeah seriously, who knows what's going on
hahaha i was thinking the exact same thing, he wouldn't even change his name or appearance knowing him. then he would say "no i'm not *that* john mcafee, that guy was crazy."
america also had epstein "commit" while in maximum security prison on 24.
>and having hookers shit in his mouth from a hammock what the fuck lol
would you like to hear what was it like to grow up as a young boy in bulgaria?
what an insane life path to choose
wanna know how we know you're bullshitting? you think this guys porn stash is only 31tb.
31tb of tentacle porn
in addition to his ex wives and girlfriends, he also had a group of women who essentially were his harem for a while
*throws down * wanna fuckin bet?
you do so many wonderful and good things for society, but you fuck one goat…
maybe he finally followed through an bled to death
we’ll, at least he’ll be remembered
jesus that man was an animal. wish i followed his story more while he was alive.
ahh okay, will definitely watch it instead of being glued to the charts when the bears come out with their red strapons
cool. appreciate the tip friend
well yes im sick of people that never say why they think that way
they are after you especially because you are paranoid.
it’s from catch-22, kurt was just quoting it
- my t-shirt in 7th grade
he should have had a podcast.
if you lose your keys or something and cannot prove you no longer own it. how do you prove you do not?
was he, incidentally, a fan of elk meat?
also loved getting pooped on
the secrets i’ve learned from people while doing all the above with some high profile people. people’s lips get real loose when they high as fuck.
i make a point of bringing this up whenever my parents have mcafee and a bunch of other shit installed on their computer.
found the ymh fan!
he truly was cool. he even buried himself in sand to hide from the police
the hero worship of the ultra wealthy in general is really cringe honestly also: do you have sources, i would love to read more about those things
it can be argued that worship of anyone is cringe
there’s no worship of mcafee in the crypto community or anywhere else.
none of these were proven. please do not throw around accusations.
he's a pos. no denying that. but by far the cringiest thing (if that is even a word) is redditors' obsession with bringing up every bad thing a celebrity has done, and then some. cringy as all hell. i see it all the time and it makes me question just how many people on reddit have actual lives. the man was a shithead, but he is dead now. give it a rest.
i would say the entire world is that way, not just "your country". we did not start the fire but we sure are magnifying it! cheers.
ding ding ding. its too bad more people have not realized this yet.
this so much. thank you.
good job with words
iraq did not have wmd around 9. that was an actual lie propagated to us by cheney and the bush administration.
post of the year!
the term conspiracy theory was weaponized by the cia after the jfk assassination to lump the crazies in with the whistle blowers and had the media deride anyone accused of spreading conspiracy theories so harshly, the negative connotations associated with the term grew exponentially. a brilliant tactic really that is become the go to contrarian response from every government agency on the planet when denying any allegation.
iraq had wmds? that's the only one skeptical of. perhaps before the invasion with the gassing they did of the kurds, but before and after the 2003-04 invasion?
my favourite part; people believing they would act differently in 'those' people's shoes. temptation is no joke. just look at average family dynamics.
jfc what a good post. thank you lol
every last one of these is proof that trump was a fraud and always will be. he never addressed any of this. not even the ridiculous qanon crap that he was supposedly going to, making him the great savior of humanity. don’t get me wrong, biden won’t either but at least no one is claiming he is going to. least of all him. it just makes me a bit nauseous when i see idiots worshipping a grifter like trump.
he has spoken about the deep state soooo.
i'm depressed now. thanks. you hit the spot dead center.
such a beautiful post. i wish i had more upvotes to give.
but you're a q anon conspiritard if you're suspicious of the governments shutting down civilization for a lab-made virus with a 99.5% survival rate, and pushing a vaccine while downplaying the effectiveness of medications, in order to bring in vaccine passports, and having to check in (report to the government) everywhere you go. while also pushing a cashless society despite zero spread of covid via cash. all of which will eventually culminate in digital ids and wallets, and total surveillance state. the conpiracy theorists have been right all along so far.
based. you didnt add the latest one to shed the "theory", wuhan virus lab leak causing covid-19!
were those really conspiracy theories? most of those are well documented and were talked about by reputable academics. (maybe not the pedophile racket)
do we even want to mention the ufo's?
it makes me feel awful that my country's number one export is basically bombs and weapons used to kill and oppress many people
watch out, the clintons might suicide you after you get put into a high security prison where your monitored 24
>the fact that people focus on qanon and their silly conspiracies is evidence that people just do not want to face reality: that everything around you is corrupt as fuck. first of all, if you do not understand why people focus on qanon then you have no business talking about any of this. also, focusing on qanon is not mutually exclusive with focusing on other things. people talk all the time about the other problems you mentioned, it is just very hard to actually stop them. >your culture and country are likely completely immoral (including the people in it). and the only way to cope is to ignore the actual proven conspiracies, focus on the silly ones, because confronting the reality of that corruption would result in a complete existential rewrite. no one ignores the proven conspiracies. we are all aware of them. there's a song by billy talent with a line that sums this up: "those who seem to think we do not care, and those who seem to think we're not aware." it is a big and false assumption to say that because these bad things continue to exist that it must mean everyone ignores it. our culture is not completely immoral, there are just many sociopaths that exist who like power and fuck everything up.
it's easier to believe in conspiracies than seek out the truth. for example: you are poor and have a shitty life, so you say, "wealthy liberals like the clintons torture children, because it raises their adrenaline levels, so the rich can drink their blood to accomplish' superhuman things". you use this conspiracy to justify your place in life, because the wealthy are cheating their way towards success. you are better than them because you are real - you pulled yourself up by the bootstraps to have a shitty life.
iraq having wmd’s? what?
god damn dude, well put
oh yea bro the dude who fucked a whale totally knew government secrets
this is every depressing to read
also what about the time in the early 1900s when prescott bush and his buddies tried to implement a fascist regime in the us?
winner winner pancake swap dinner
>people just do not want to face reality i sometimes wonder if this is the plague of the current day. the significant increase in tribalism across societies of the world over the last few years has resulted in more and more people choosing to support their tribe, and double-down in support of their beliefs, in situations where their tribe is very obviously wrong about something. ape: support tribe >>>>> critical thinking
this is the cronyocracy at work, while people are told by liars that they have a democracy.
you should keep your eyes open or you can also be found slaughtered in the torture cellar. but, nahhh there is no elite at all. i am a flat head like the world it is, lol ^^
>your culture and country are likely completely immoral (including the people in it). nice. blaming the entire population for what the wealthy and powerful do. big brain time.
i hope the feds do not knock in your door lol
back up a sec , they found wmds in iraq? all the others on the list i get but the wmd thing i thought was proven to be total horse shit.
sir, this is a wendy’s
it's strange how a country can print unlimited money , without gold reserves to back it up. spend that money on weapons and war and then self proclaim itself to be the greatest country in the world.
i think they talk about qanon as a conspiracy because it’s a conspiracy. new info that changed general consensus on a topic doesn’t make it a conspiracy. this is a bizarre point that’s essentially saying that factual (mostly at least) things that most are aware of are actually being ignored because people don’t call them conspiracies.
you tried soooo hard to not make this a political spectrum thing but just had to go there with the last one on the list.
usa giving billions to nazi israel military.
don't forget also that the government has been tracking uap's (ufo's) for 70+ years while telling you that you saw venus, swamp gas and a weather balloon that night a triangle appeared and your bum hurt
"and every politician, every cop on the street protects the interests of the pedophilic corporate elite"
true... but when you say everyone focused on qanon that is just as real and should be in your list...
you forgot domestic black sites like in chicago
facts! in a couple years the list will be even longer.
some of these are just capitalism.
no, the best part is they are actually conspiracies. they're no longer theories.
nearly every criminal organization is a conspiracy. conspiracy theory is a loaded term.
>a lot of them are not conspiracies anymore. they're still conspiracies, just no longer theories.
a conspiracy is when people work covertly towards a shared ideal. a theory is a hypothesis backed by evidence. a conspiracy theory thus is a hypothetical situation, with evidence, that people are working together seemingly in secret towards a shared aim or ideal. the idea that conspiracies are utterly impossible or wholly benign belies a level of naivety among the species that is so staggeringly high i lack the words to fully express it. there have been conspiracies throughout all of our recorded history, i mean for fucks sakes, the united states of americas very foundation _was itself a conspiracy_. i do not understand why it is so easy for so many of you to merely thismiss it as utterly fanciful when you're all so quick to repeat the simple yet often misunderstood idiom of 'the greatest trick the devil ever pulled was making it seem like he was not real.' what's being said, is that most of you are quite literally blind to evil, you refuse to see it when it is brought before you and worse still, fall into the same herd mentality that had people denying man could or would ever fly a whole _five years after they would done it and were mastering the principles_. the short sighted nature of man is one of our greatest follies. two former presidents warned you all against the dangers that were posing a severe threat, one of them was literally assassinated in what is an overtly ritualistic fashion, but because the average person is wholly ignorant on the matter, they see it as just another casualty in a long string of usurpations. i'm not going to tell you which ones are and which ones are not legitimate, that is not for me to say. i will tell you, you owe it to yourselves and your loved ones to do your own investigations into it. >“for we are opposed around the world by a monolithic and ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence -- on infiltration instead of invasion, on subversion instead of elections, on intimidation instead of free choice, on guerrillas by night instead of armies by day. it is a system which has conscripted vast human and material resources into the building of a tightly knit, highly efficient machine that combines military, diplomatic, intelligence, economic, scientific and political operations. its preparations are concealed, not published. its mistakes are buried, not headlined. its thissenters are silenced, not praised. no expenditure is questioned, no rumor is printed, no secret is revealed. it conducts the cold war, in short, with a war-time thiscipline no democracy would ever hope or wish to match.” look into operation mockingbird, look into operation paperclip, look into how the cia acts domestically and foreignly and ask yourself plainly, are these the actions of an institution that has america's best interest at heart, or are these the actions of rogue operators that have gone clearly off the rails. do you know how many men were tried during nuremberg? do you know how many people were assimiliated via operation paperclip? if the average citizen had no idea of the realities of those events transpiring, how much of modern culture could have and likely has been subverted by these people? i do not know about you, but i do not recall any mass arrest scenarios taking place after jfk was assassinated, i do not recall anyone ever making any metnion of any headway on it at all, in fact no one ever talks about him or his warning. we all just pretend that people are nuts for daring to investigate it. "someone would talk!" so many of you loudly declare. the thing is, they do, but they never get any air time. or have you all already forgotten that hot take of nbc or abc or whatever's anchor lamenting the fact that she had _everything_ on epstein years before it broke, she had names, she had witness testimony, and the royals call in and squash it. but y'all do not think about that kind of thing, it is time to wake up. i hate using that terminology because it sounds so fucking cliche, but how else should we refer to you if not sleepers?
i did not say that. i said that they would kill you if you do not pay them. they will first try to drag you into their jails and if you try to protect yourself they will kill you. i'd say that this is the case of government killing him via spanish jail. just torture the man until he hangs himself. still a murder
i like getting healthcare for a low fair price.
i literally own a t-shirt that says "fuck em hoe ass roads"
have you ever tried to calculate who "the top 1%" includes? you'll be surprised. you probably mean top 0.01%. they might pay less percentage-wise but they would suffer similar fate if they do what mcafee does - publicly defy the government. instead they go in bed with the government. remember john was a multimillionaire with perfectly legal money from company he created. he could have died in his bed comfortably but he wanted to show the world what happens if you refuse to pay.
you do not pay taxes based on your wealth either, so why should they? it's based on income, and many of the wealthiest people mostly have unrealized gains for much of their net worth.
yeah, i remember that time john mcafee came with his goons and said i need to buy his anti-virus software or i'd go in jail... wait, that was not john mcafee that was the government
prime example, \^this guy clearly has no idea what the fuck i'm talking about, yet he is so angry to the point that he is calling names, folks this is the average ~~loser~~ fine gentleman in 2021, be better.
if only that was something you remotely said.
it’s almost not worth thinking about.
ostriches are a gateway fuck
are you kidding? we literally have institutions buying more everyday. look at el salvador. a trend is clearly happening. dips are opportunities for people who buy tops and sell bottoms to harvested by people who buy bottoms and sell tops.
so people looking for a service and a free market economy providing solutions to their demand is a scam? you've pretty much called every business under the capitalist model a scam in that case. and you've got the cheek to call me uneducated 😅
showtime did a documentary on him called gringo. very interesting stuff. they interview a few if his ladies who pooped into his mouth.
that is thisgusting as well as mildly morally wrong, and i do not care if it is kink-shaming haha
amazing. can’t wait for the biopic.
this is waaay too specific!
imagine saying this out loud, no context, in front of people.
they interview a few of his belizian prostitutes and more than one of them said, he likes to sit over them in a hammock with a hole in it and shit into their mouths. i’ve dedicated both of my dookies today to him.
his twitter was basically a podcast lmao, he was tweeting from prison the whole time too. i know people like a good mystery but i promise you, as someone who followed the man for many years, there is none. he loved attention, loved drugs, and loved women being around him. he was super into loads of various drugs and very obviously incredibly paranoid, probably because he allegedly killed a man or two in some country i forget which, i think it was a south american one. he's been the target of law enforcement for a while and it is really no surprise he would kill himself. and before anyone else says it, yes he tweeted a year ago about him never killing himself etc etc. many things can change in a year and even if nothing did i really wouldn't be surprised if he did and tweeted that to spar up a mystery. this is a guy that would post videos literally doing cocaine off of hookers asses while tweeting about the virtues of having sex with literal whales, from the ocean, not some sort of secret agent who had dirt on washington. also he paid said hookers to shit in his mouth and has admitted to that, not saying you cannot do that but, this guy was a whole trip. he once said he faked a heart attack to escape prison when he was in belize or something, then information came out that he actually was having real heart problems, again, probably from the absolutely insane amount of drug use.
he has been on official podcast as a guest twice iirc
he was on many before his arrest. it was literally a hobby for him. he took up small podcasts just for fun.
he was actually on a podcast i watch and he seemed pretty off.
> oh hey look, intel bought them so they must be trustworthy
than again, even that batshit crazy creator of the virusscanner made, uhm, a batshit crazy instruction video of [how to uninstall mcafee]( yes the jokes in the video are very close to the truth, probably downplaying it.
if there’s a person with a “can-do anything” access was this guy. if he wanted, he could’ve spy on most of us. including guess who? … who bought most of his “anti-virus” licenses? yeap, the usa goverment and military complex.
he was really into fucking whales apparently;
the documentary "gringo" goes into a lot of it. articles that summarize the documentary: [ [
i hate the elon musk fan club and what seems to be all of reddit that has a huge boner for the guy because they consider him to be the smartest man on the planet.
if he is been "ultra" wealthy, irs would've never ever investigated him. he's small potatoes. his maximum net worth was 100 million dollars, before 2008 crisis wiped it out. for comparison, alisher usmanov's yacht alone costs 800 million dollars, and that is just the tip of the iceberg. he's trying to wipe out his bad reputation by bribing leading eu and us newspapers and magazines. despite him being in cahoots with putin, his family is not under sanctions and he himself can come and go freely anywhere around the civilized world. him being a rapist has never been acknowledged in the east and never's been prosecuted in the west. he's also a mafia bosses' boss, just one of the many, but nonetheless a notorious figure. not a single time ever in history him being rico'd was mentioned or even fantasized about by us authorities, where he does construction business. irs? shit man, doj should have been up his arsehole like 20 years ago, but he is untouchable, despite being kinda weak and unconnected in the west, compared to other ultra-wealthy people. i bet you've never heard of him, like you'd have heard of bezos and gates. there are many, many more people like him - these are the "ultra" wealthy. mcafee is closer to me and you than he is to the super-wealthy.
operation mockingbird and operation northwoods are also good ones to read about
step aside elon musk, we had brain to computer interfaces in the 70s.
nah man being an unethical sociopath is not tempting. cheney killed millions of iraqis for money when he was already rich. i'm not willing to do that. not even tempted. if someone thinks that is a difficult decision they are human garbage. bad people rise to the top because bad people are willing to do bad things to get to the top. bezos cancelled the healthcare of thousands of americans when he bough whole foods. not for any reason other than he was going for the highest score. he could spend a billion a year or >.7 million a day for life and still not even spend half his money. it takes a special kind of evil to be like that.
oh fuck off. this guy is just a conspiracy nut. he makes it sound like all that is common everyday practice. when it’s not.
trump didnt try to address the shadow government and media corruption? cmon son...
this is so stupid and ignorant
i do, i do! that shit is undeniably real. the onus at this point is on self-styled skeptics to thisprove the phenomenon. it meets the burden of evidence to be believed 1,000x.
made up by the cia
>the united states of americas very foundation > >was itself a conspiracy > >. holy shit, he is right! i never thought about it like that. dressed up as natives and dumped the tea and everything.
>how else should we refer to you if not sleepers? doubters, skeptics, and bullshit-callers. if you want to use operation paperclip to say the u.s. gov would pardon war criminals to get military technology, including technology developed through human experimentation and slave labor, i agree with you 100%. if you want to use operation paperclip to say the u.s. gov has "subverted modern culture", i'd ask for some clarification on what, exactly, you're saying. to put it another way, there is someone out there who will say operation paperclip proves the u.s. government is in league with the lizard-men of the hollow-earth. you cannot get rid of, or silence, that lizard-theorist. if you want to be taken more seriously than the lizard-theorist, you have to put in some actual effort. quick follow-up example: i see 9. at the very basic level, i would believe that the cia orchestrated the attacks, paid off osama to tell his followers to do it, etc., because that is roughly in line with what i've learned to expect of the u.s. empire and the military industrial complex and it would involve a small number of people with very little evidence. but most conspiracists would not stop there, they go on and on about bombs in the towers, secret demolition crews, hologram planes, and other unprovable nonsense because to most conspiracists a conspiracy is just a way to prove you're smarter than everyone else. >how else should we refer to you if not sleepers? how should we refer to *you* if there is no possibility of you being wrong?
this isn’t franco’s spain
depending on where you’re from, the subtext could be very pro-taxes or anti-taxes. in the us this would definitely be a pro single payer comment, and i agree.
i too like getting my healthcare on the free, unregulated and unrestricted market but sometimes it is hard with all that government in the way
gotta respect that. i didn’t think i’d end up liking you. but here we are.
he was a selfish gangster who thought he was above everything else. don’t make him a fucking hero.
there was a time in this country when only the top 15% paid any taxes and it was like a badge of honor to earn enough to be in that bracket. more poor people have been audited in the last five years than rich. also, what wealth? i am 34, don’t own a home, motor vehicle, or anything of considerable worth other than a few hundred dollars in crypto very recently purchased.
ugh… go live in a fucking jungle already
“it would be pretty wild if…” do you need more help understanding?
nope. we really do not. you clearly do not understand el salvadors play here either and hopefully their people do not fall for it either
nope. cryptocurrency is the scam. paypal and visa will take a cut if you insist in being part of the ponzi. you clearly have not looked into either.
i’m sure it will be available on dumpsterlife.tv any day now
there's already a documentary that interviews them. he was suspected of ordering a hit on someone in belize. the documentary revolves around his life there.
that would be one hell of a show
also a lot of people do not realize the man who sold the world is actually a david bowie song lol
this is exactly what i would expect a government operative to post.
based on how wild and unhinged he was i wouldn't put it past him to kill himself just to set off a chain of conspiracies on the internet
the country was belize.
i cut ties with intel after they began there involvement with north central positronics.
oooo that’s on hulu ima watch that shit right now
thank you. i watched that with my mother. unfortunately.
can you prove it otherwise?
trump whined about a lot of things. mostly how “mistreated” he was. trump the perpetual victim. trump doesn’t give a happy rat’s ass about anything other than trump.
honestly, no one gave a shit, the only peoples who are giving a shit are the us government who want to see him in prison because he is accused of treason. sadly, we know him mostly only because he is considered a "traitor". i think mostly anyone was aware before 2013 that the government and big tech were spying on us. i actually went to a seminar in 2010 who was focused on how government.
ok. i was adding to the comment and not arguing... you missed my point - the idea that the clintons are drinking the blood of children is silly. it's easier to believe this and blame others than it is to face your own harsh reality - you have a shitty life, because you made shitty choices...
no, it is the us that requested him put in jail for not paying them racket.
wanna bet? same criminals, different name.
too late, he is been a hero of mine for years now.
i'm just saying that comparing tax payments to net worth is a skewed way to look at things.
that does not help. john was living on a boat they still got him in another country.
“it would be ironic if…” no, i’m all set.
i don’t think el salvador is our saviour but it’s obviously a good step we’re on the cusp of mainstream adoption would you like to place a bet on the future?
literally every business on earth takes a cut for providing a service. do you work for free?
imagine if this came out in place of tiger king at the start of the pandemic
are you sure about that? he tells everyone it’s a bowie song at the beginning of the recording
plus the user name checks out
you know i was just thinking that. plus the username checks out xd
or he just payed enough to spanish authorities to thisappear. i wonder if his body will ever show up.
had never heard of them and then i see that they are fictional. what would be the real life equivalent be though?
it's a really good doc, one of the best i've seen. fucking wild!
that’s not how that works. if i say i just saw an alien and you tell me i’m lying, i can’t just say “ok prove otherwise then”. seriously man. we are past this kind of debating at this point.
i get that you dont like the guy, but what you said before is just ridiculously false.
> a lab in the same area less than 10 kms from outbreak every big city has a lab somewhere. the above statement would be true for every big city in the developed world.
literally no proof or even a serious reason as to why covid would be a lab virus or freed on purpose
thanks mr killbill\_oreilly, i'm sure you know the truth about how the chinese virus was planted to destroy every country except china, or whatever you tinfoil dudes think happened.
wait, was it socialism, communism or marxism? we need to know.
way ahead of you. :) what we can pretty confidently conclude is that these objects are intelligently controlled and can likely bend our understanding of physics. at the very least, it is a thistinct phenomenon that does not 100% comply with the common understanding of the world. i think the extraterrestrial hypothesis is likely, but it is irresponsible to say it is certain with the publicly available information that is credible enough to consider reliable evidence. it's also absolutely certain from air force records that they have wanted to sweep the phenomenon under the rug from the start while still taking it deadly seriously behind closed doors, and it is laughable that atip is the only recent program from the us government. other countries have released records suggesting something profound happening, even ignoring people like the former canadian defense minister and that guy from israel who was with their space defense force. less familiar with that last bit. i consider myself a skeptic at heart. it indirectly led my studies in uni, and james randi has been a personal hero of mine. so no, i cannot for sure say it is ets... but occam's razor leads me to think it is the most likely explanation, even if only the most credible of witnesses can be believed even in part. unfortunately, it is a ripe field for the foolish and gullible, easy pickings for scammers and people so adept at manipulation they should be called truth benders, not that grifter does not fit.
no they requested him to be extradited for a trial for breaking us law, you can call taxes whatever nonsense you want but they are still a law. maybe he shouldn’t have left a non-extradition country, going to a european union country is one or the dumbest things he could have done.
…good for you…? mr edgy edge lord??
well i guess there only one solution for you then. suicide. do it before they get to do it for you. be quick.
nah. i do not bet against morons continuing to be morons
he publicly stated last october that if he was found dead, it was not suicide, that he had state secrets, and they would be released upon his death.
to the folks reporting this as being not on-topic: op just used the exact title from the article, which we generally encourage, and there is a couple paragraphs.
20% of unrealized gains. not in a million years are they going to get that through
good... fucking... luck... that bill will pass the same day age limits, and term limits pass for congress and senators. at least we get to enjoy this sensational fluff for now
tldr; us president joe biden is set to propose a 20% minimum tax on billionaires worth . the tax would be levied on all their income including unrealized gains on assets such as stocks and real estate. if passed, the proposal would generate . *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
is it the unrealized gains tax??
if you really wanted to tax billionaires, get rid of carried interest loophole, limit how much you can borrow against stock you own, and limit how much executives can be paid in stock compared to salary (ex 1:1 would mean if your salary is , you can only be paid ). there’s also seems to be some fuckery with restricted stock units and vesting, but i don’t know enough about that to comment on it.
plot twist: when hyperinflation sets in, we'll all become billionaires.
nah, they’re going to scratch that and focus time and effort toward investigating people who move amounts of .
this will never pass. unrealized gains tax? that's not even possible and will destabilize all markets. elon must will have to pay 50 billion in tax? how will he pay? sell a quarter of his stock, price plummets, good job, billions of dollars wiped out instantly. it's unsustainable. i'm all for realized gains tax on rich, they must pay their fair share, but it has to be done responsibly and reasonably.
i'm willing to put some money down that this "20% tax the rich" will fuck the middle class instead
i hate that they attached numbers to it instead of percentages. it should be people in the top 0.0n % are taxed this way. jordan’s original deal was 250k (and a shoe line). that was an insane amount back then. today you can make well over 250k as a director or practitioner in tech or in sales. you can do it with a basic degree (obviously more to it than that but you can). we tax people based on what’s a lot today and it creates wealth gaps tomorrow.
by the time that passes it will be changed to a 20% billionaires tax cut.
unrealized gains tax is a terrible idea no matter who it is directed at.
is there going to be a reduced tax on people making under ? that would directly benefit americans more than more billionaires money going mostly to military spending. in my opinion, people making less than
not this shit again. go back to your old folks home biden, you aren’t making sense.
the spending deficit is in the trillions…every. single. year. what exactly is this tax (btw i’m sure when you read the fine print billionaires will be actually exempt from the tax) supposed to accomplish?
**20% as a new billionaire tax** ? was there an even lower tax rate before ?
20% billionaire tax???? that is all for show. it will never pass. all fucking politicians are puppets of billionaires.
taxing unrealized gains is a slippery slope. why stop at person who have 100 million plus in wealth.
into the wastebin of history.
everyone’s babbling about the tax stuff so i’m just gonna be the one person to actually bring up the one reason why this is allowed on this sub. what do you guys think about this executive order to look into a government-run cryptocurrency?
this is how you force billionaires out of your country to do business overseas. they're morons if they think billionaires will just silently fork over their money.
seems ridiculous to tax unrealized gains as income.
this is him just trying to look good. everyone knows this wouldn’t actually happen. this was definitely planned by the millionaires and biden.
> a 20% tax on all their income including unrealized gains any bill that tries to utilize a tax on unrealized gains is destined to fail. it's just not workable.
cannot wait for the 'millionaire tax' that taxes anyone making over ,000.
i feel so bad for the billionaires. i’ve started a gofundme to help them with this tax burden. hopefully they can recover.
when the u.s. dollar collapses, we're all going to be broke billionaires and trillionaires.
taxing unrealized gains is like paying child support before the baby’s even born yet, idiocracy!
you can’t tax unrealised gains it’s fucking ridiculous
biden hasn’t done anything good for us poor and middle classes yet. smh. will not vote again. all promises no actions
lol what does 20% on billionaires buy us? like 8 fighter jets and a handful of cruise missiles? lol pathetic. this nets no money and encourages more wealth to be hidden untaxed offshore, same with jobs. placate bullshit.
won't the high net worth individuals just change their nationality and move overseas to a tax haven ?
it's almost midterms. here's somemore shit you can wish for. vote for me so i can not make it happen
so, if that actually passes, what will be the conseuqences for crypto and crypto markets?
all of his rich donors will certainly bring up his statements on how, “nothing will fundamentally change.”
this budget has already failed. billionaire motto: it's not how much money you make; it is how much you can keep.
even if this does pass you are telling me that 20% of all the billionaires profits only comes to an estimated 36b? yea and i guess you want me to believe epstein killed himself too.
i never thought we'd miss trump
poor billionaires... now they can only afford two super yachts! liberals are monsters!
boss: i’d like to offer you a raise 999 millionaire: no thanks, i’ll lose money in a higher tax bracket. the one time this situation will be true.
alot of people on here acting like money laundering does not exist.
whether the billionaires pay %99 or %1 in taxes my life isint changing. good thing, my life is pretty good.
we need to get all of those old dusty bastards off of capitol hill and get some new blood in there. the tax rate on the wealthy back in the day was over 60% before reagan came in. it does not make sense that an everyday citizen can pay more taxes than a giant corporation. that's why there is been such a consolidation of wealth.
this guy has no clue what he is doing
all billionaires instantly move offshore if they are not already.
unrealized capital gains tax was ruled unconstitutional back in 1920.
stop taxing individuals, tax the fucken mega corpos who dont pay shit lmao zz sure get the handful of billionaires but jesus the companies are whats causing problem and they aint paying anyone. also tax the banks who print money at 0% interest rate and increase the money supply which reduces your purchasin power ayo but sure progressive tax plan m8
this explains so much as to what will happen in the crypto space. good policy for the long term but not so good for btc in the short term. loss harvest here we come? or maybe this is already priced in today for btc?
haha, its mostly the spending idyot
if this gets through, man i will move to america
just like all of his other bs plans, this one will melt down to nothing more quickly than a snowball stuffed into adriana lima’s panties. from “build back better” to “americans need to prepare for food shortages” in record time…ha! i already had a ramen stockpile.
raising the tax amount imposed on billionaires will have zero affect unless the rules surrounding the tax system are changed. it is very simple to move money around and reinvest it to show zero income, resulting in no tax or worse, a return. there are also corrupt, wealthy individuals who understand the power limitations of the irs. this extension of the treasury has no legal authority to arrest or even bring charges against someone for non-payment. the fbi is always called to enforce and non-payers don’t go to jail.
why don’t you stop printing money while you are at it
never forget they sold the income tax as just being only for the 1% that’s their game
instead of a new tax, just close the loopholes that the rich use when they fille taxes. that will ensure that a lot of them pay their "fair share".
the actual tax bill = 20 pages. exemptions to the tax bill = 1k pages.
just run the damn country on flat rate sales tax, make things like cars and houses exempt up to a certain value and be done with it. no more auditing, no more tax avoidance, just one unavoidable tax that is easy to understand and does not involve gigantic overheads to enforce
as much as i like the idea of a billionaire tax, taxing unrealized gains is the stupidest thing. imagine your house increasing in value during a bubble, they would tax that even if you're not selling. and you can bet they would not credit you if it decreases.
biden seems to be wanting to be murdered by the elite
lol - tell me you’re pandering to voters with impossible promises without telling you’re pandering to voters. 20% tax on unrealized gains!?!? not a fucking chance that happens. nor would it make any sense. what a thisingenuous, bullshit bill. you can raise taxes in a tangible fashion on the wealthy 1% without creating a fantasy land that’s an accounting impossibility. but this proposal just proves the current administration has zero ambition to actually get something meaningful passed because there’s absolutely no way this will pass and frankly would be a huge detriment to our overall economy if it did. if this type of bill passed you would see private investment in american businesses dry up overnight, full on fire sale liquidation of our entire stock market, real estate market to follow and millions of people be put out on the street with no job within a year as their companies become expats. we’d go into a trend towards recession overnight, end up in the next depression shortly thereafter with no foreseeable solution until another administration comes in an repeals the tax. then what happens? all the rich people who were able to leave and get their money out prior to the tax then just come back in, repatriate their cash and buy assets at huge thiscounts further increasing the wealth gap. if they were serious about this they would have come up with something more similar to bernie’s additional tax on high frequency speculative trading and a higher short term capital gains tax, maybe a 1%-5% tax on assets held 3+ years that have gained x% in market value - something like that. not a tax on unrealized gains. holy fuck, what a shit show.
i don’t think all their billionaire friends who lobby for them and put them in office will like this too much. highly doubt the people who really run the country are taking this seriously
lol, his son had to pay that money too. did he forget that? 😂
if you had % you would still be thisgustingly rich. nobody needs to be a billionaire. it’s revolting 🤢
i for the life of me do not understand why anyone would want the wasteful american government to have more money to waste. september 10th 2001 donald rumsfeld said the government couldn’t account for over 2 trillion dollars. they are the problem.
there are brainwashed poor people that don’t think billionaires should pay proper taxes
“new 20% billionaire tax with infinite legal loopholes”
you cannot tax unrealized gains. even some european democratic socialist countries tried this and repealed the laws. who wants to see billionaires get a tax refund when a stock their invested goes down?
only dumb democrats voting for biden think this is going to help the poor
can’t wait to see how fox news spins this one so some person making . oh wait, they’ll just say “this will harm you and lead to socialism”.
then the gov spends it in 2 weeks, great job!
the us already has enough tax money. maybe the government should stop spending trillions of dollars that aren't even in circulation.
maybe fund the irs so we can just get these jos to pay the taxes they currently owe first instead of hiding in offshore accounts. also, if this money is just going to be used to fund further military spending, just f off right now.
taxing unrealized stock gains is quite literally the dumbest thing i've ever heard
the government already collects way too much in taxes. they have a spending problem.
what a freaking clown administration. taxing unrealized gains?? lol, that will instantly cause those affected to pull all investments from us jurisdiction and will have a massive, catastrophic effect. does anyone with any brains work for the government?
this doesn’t make sense to me. while there are some ways that super wealthy people pay less taxes, such as donations to charities, most of them pay more taxes per year than most of you people screaming for will ever make in your lifetime. dont act like they don’t pay taxes because that’s just being thishonest. some cheat and hide money, but do a lot of people on this reddit.
elon musk paying 50 billion? why the fuck would he do that.
shit, i already pay enough in taxes. now they want to tax even more of my billions? wtf gov!
if you’re a damn billionaire pay some fucking tax
the us political left is not going to rest until it finds some end-run way to tax "the rich" (which will eventually be all people) on their hypothetical net worth if they were to liquidate everything they own, rather than their actual income. it's all about power. if the us government really wanted fair taxes, the would just implement a 10% across the board tax on absolutely every citizen, and absolutely every source of income. rich, poor, a capital gain, income from a job - does not matter. just 10% from absolutely everybody, every source of income. no such thing as a credit. no such thing as a deduction. your taxes would take 5 minutes instead of the nightmare they are now. and the government would have more money than it can handle. but it is not about balancing the budget. when the government wants money, it just prints more and devalues your bank accounts. it's about grand-standing against "the rich" to get votes and stay in power.
this is the shit described in the 4th turning. government starts to heavily tax everyone because spending is out of hand. once the citizens realize they are getting taxed to death thru inflation, there will be riots.
way to make all the billionaires leave the country for europe
these dumbfucks could’ve done so much for regular americans, hell, even for non-americans. wasted two years couldn’t even get a fucking roads bill passed when they controlled both houses and their plan to keep this great arrangement going is pretending they wanna do a 20% tax on the ollies? eat shit and die, i probably have to pay more taxes than that to the us government and i aint even fucking american.
"revenue"... as if they earn it.
does it include the 21% raise congress gave themselves?
**how about you stop letting large corporations and foreigners buy fucking rental properties in america**
that guy is a fucking joke
just tell republicans that the all the money can go to military spending?
this would require a constitutional amendment. the existing amendment only allows government to tax income. unrealized gains are not income. but libs like to change definitions in court because it is than to run their idiotic ideas through the full gauntlet of checks and balances.
elon made electric cars a real part of life, internet accessible, mars colonization a probability and is actively working to fix traffic in cities. bezos made everything i buy cheaper and delivered free to my house. bush, clinton and obama sent me to go fight other assholes that i didn’t even know existed. how are people mad at billionaires and act like politicians are on their team? maybe i am just missing something, the only group of people that make sense are fucking comedians, and they are all degenerates.
sure, let us insentivise people with capital to take that capital elsewhere. good thinking, joe.
can’t wait to see wha loopholes the billionaires find
at least nobody posting here will be affected! also, no way this passes.
jesus i hate the government. do they understand the market drop implications that unrealized gains taxes carry? markets drop from mass selling to pay unrealized gains, gov prints money to prop up market, inflation fucks everyone, repeat annually. this take 20 seconds of thought, ffs
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my guess is none of you are actual billionaires. why care if they get taxed more??? federal funding needs to come from somewhere.
man a lot of billionaire simps out today. the number of households in the us that have an annual income over .1%. the number of people who make . all of you wanna be billionaires should worry about making your first million rather than flexing your internet balls.
there’s a lot of comments bashing on the 20% billionaire tax… remind me, are you a billionaire? are you even a millionaire? if you’re not, this literally doesn’t concern you at all. you should basically have no opinion, otherwise you’re basically being brainwashed by whatever prior biases you might have.
you cannot tax wealth in the us only income at the federal level.
there should really be no zero tax levels. you should never be able to reduce your tax to zero. if anything there should always be a specific minimum you have to pay. so if you always have to pay 20% tax it does not matter if you manage to reduce your tax to zero by utilizing loop holes, you would still have to pay 20% tax. taxes are required for a society to function.
finally some good idea for taxes. instead of taxing the poor people that try to beat inflation by speculating on crypto.
i could only hope that one day i'd achieve a level of wealth where this could affect me
at this point he’s just asking to get paid off by billionaires
it could be a 100% billionaire tax, it doesn’t matter. you can’t tax what is hidden through the same loopholes lawmakers use. broken fucking system.
make it 100% and it will run the government for 6 months.
whats 20% of ? doesn't make a difference when there is enough loopholes for the rich to evade all taxes.
it’s not just billionaires. all of us are going to be hit with it
in concept this is good. but taxing *unrealized* gains-- that is a very slippery slope to a very bad place with way too much government overreach.
unless they tax existing wealth there will be a loophole. currently what they do is set a salary for themselves at usually . then you borrow off of assets as debt to fund whatever you want. since the banks like having billionaires you usually don’t have to offer any collateral and the interest is usually <2% and is tax deductible. you could tax existing wealth but then they usually lump everyone in with it and this would negatively affect family owned businesses, farms, etc. also you would be taxing unrealized gains which then opens up a whole other can of worms.
the tax govt. trying to impose on anybody on any form ( surcharge)...ultimately passed to normal people like us in a various way. billionaire will find all types of tax loophole and ultimately pay no tax.
rockefeller foundation and bill gates foundation exist to avoid tax. they don’t care about us. how can they start charities and be richer year after year.
omg i hope i do not become a billionaire by then.
glad our tax dollars were spent making something like this that has 0% chance of going through. classic
it'll never pass thank god. in fact things should get better after midterms and stuff swings back to the right.
this is the same as putin claiming he is willing to negotiate. it's just absurd posturing because they know their ideas will get shut down and they would not have to actually do it.
this is comedy gold... or is it ... ![gif](giphy3o7tkjbtmtrfsgy3yo)
the 20% tax is a three sided object. 1. the tax occurs 2. the billionaires pay it 3. the tax money is used effectively all three things need to occur to make the tax worth it.
biden out here making news to make it look like he did something in his term, and when he does not pass...at least he tried. american politics are a joke.
you know what they would do with more tax money? nothing because they literally just burn everything they get. more taxes are never the answer
thank god i’m not a billionaire 🤣
companies and money will leave the united states
>in reality the tax is set to apply to those worth , with a 20% tax on all their income **including unrealized gains** that just sheer insanity. i dont care who the tax is aimed at or for what reason, taxing unrealized gains is preposterous. also, the max return on this tax is expected to be 36b. lol billionaires will collectively spend more than that on tax attornies to legally evade this tax.
why do i feel like this will somehow fuck the little guys in the long run? oh thats because it probably will. murica!
i'm extremely liberal. there are much better more effective ways that work to go after billionaires. this tax is purposely built to be a wealth tax, thereby guarantees the scotus overturns it. this is so the dems can say "welp we tried", instead of passing actual laws that were perfectly fine to use under eisenhower. dems are protecting their donor class with this bill, ironically and purposefully.
forgive my student loans while you're at it
ah yes, because the government needs more money to spend on dumb shit
spell joe biden…one term president
20%, lol. should be at least 50% and even the 20% is going to be a shitshow getting passed.
president dipshit swings and misses yet again
it's hilarious because there is so much opposition to laws that only affect hundreds of people. if they raised taxes on everyone else, the country's richest people would turn their back on you so fast...
and then rich people move and take their money with them and go be rich somewhere else. you just dont get it. rich people dont pay taxes. they think all these billionaires are just going to give up their wealth now... they have been cheating the system from the dawn of time and you think now it will change 😭😭😭😭😭😭? they will hide it in off shore accounts buy up realestate with it. literally endless options for them and now we have crypto to launder money now...
eat the rich eat the rich
it would only hurt the top .1 percent and help so many. however i bet mahckin or sinema get in the way of it passing. i think there campaign fund is what is really going to benefit from this purposal. i would like to see it pass though
until they actually make an effort to get rid off the million different ways billion dollar companies get around their taxes through legal loopholes i doubt t any change will happen. i feel like what's the point in raising taxes on billionaires if they already have plenty of legal ways to "dodge" their taxes?
they should come to canada. our government has said they will focus most of their tax collection efforts on those making 30-50k a year because it’s too expensive to enforce taxes on people who make more, hence the death of the middle class.
if you have that kind of money you can probably find the next loophole.
the rich will find a way to evade the tax by holding onto assets and using more debt. taxing the rich never really ended up working. and this will not solve wealth inequality since they would not give work opportunities to people or find a way to maximize profits by paying workers less.
what? a tax on the rich? say it aint so
lol, yeah that isa good idea. plus i am pretty sure (though i could be remembering wrong) that 20% tax includes some sort of wealth tax
so let me try to understand this. so billionaires get a flat income tax? but us plebeians have to continue to hire tax people to figure out how much we owe and what breaks and credits we are eligible for and because the current system is by range someone at the bottom of their tax bracket will pay more taxes than the guy at the top of the same tax bracket? if so that would not help. what will is making us territories subject to the same taxes as the nation. when you buy anything from a big enough company that money goes to the us virgin islands first before going to corporate hq. so many us companies have accounting offices in us territories simply to remove tax status on that money.
20% on billionaires? oh well... maybe in 2420
none of you are or will ever become billionaires, including myself. chill out.
i am certain every billionaire will find a way to exempt from the tax.
remember those *american* oligarchs with yachts? :v
to all those wondering how they will pay the unrealized gains tax, they will borrow against their investments. few will sell their investments to pay the tax. it may incentivize boards to pay ceos an actual wage as well which would be great for the economy since that’s easily taxable.
damn, he really want all my lrc gainz...
won't be better to tax the poor a little bit more instead ?
tcg world is the future… mark my words.
good luck getting them to pay it
insert syndrome quote: *"when everyone is a billionaire, then no one is"* when hyper-inflation kicks in, we'll all be billionaire's and will be paying taxes on unrealized gains. insert global villain quote here: *"you'll own nothing, and be happy"*
only 20% ? i get taxed more than that
if this passes, the billionaires will use trickle down economy on us peasants to pay two-fold for this new tax. ![gif](giphyaw9vw51zjta8g)
too bad there’s not enough billionaires to save the government from themselves.
taking money from the successful rather than lifting up the lower and middle classes.
it’s a tax on wealth. it’s a stealth way to harm everyone eventually. billionaires have accountants and lawyers who will fight this, or they’ll just move. people don’t understand this.
don’t let people borrow money on their stocks and carbon tax… how fucking hard is it???
is this a new corporate tax? no one who has any money has it themselves, it’s always under a company and they get paid income or shares or dividends won’t pass anyway
they know this shit will not pass. this does absolutely no one any favors.
man this administration is really desperate for something that will make average americans feel like they get a w for once - not like they will see any of that tax money benefit them tbh though.
can’t wait to see what they ram through while we’re all thistracted by this billionaire tax that will go nowhere.
people will literally complain about anything and this thread proves it.
one country doing it means nothing. the world must come together to deal with money laundering, off shore accounts and all the loopholes that the wealthy use to hide their true wealth
lol taxing the rich isnt the solution to wealth inequality lol . its equity. we are all employees nowadays with power going to the corporate employers
and yet the politicians don’t want to vote on themselves not being able to purchase stocks
let me know when it’s law
even if it passes it wont help the rest of us one bit.
if this passes it’s going to be for the tax breaks on unrealized losses that would be enacted.
they know the new billionaire will come when amc and gme squeeze they want our money
talk to me when they get to the same percent as i am paying. fuck half measures
that 20% tax will be levyd only against individuals that have heard the word billionaire, definitely not against any true billionaire.
anytime the government taxes the rich, the rich figure ways to pass that tax to the middle class. this should be opposed.
lol. billionaires have the sort of money that allows them to do whatever the fuck they want. it gives them resources you do not even know exists. an american law like this will most likely do jack shit. biden knows this. politicians know this. smart people know this. so all this is good for is sensational headlines and talking points for the coming november election. it's a political game that is being played here with this new budget proposal. that is all. edit: plus, the proposal, if you read it...would not work in practice *or* theory. this legit is just a talking point proposal 🤣
i am not thinking about income. income is realised and payed out gains. i am more thinking in the way of other assets. stocks, futures, swaps.
man i'd be something pissed if i was a billionaire lol but also, fuck billionaires
taxing unrealized gains is a terrible idea. thats gonna make the stock market tumble once a year as billionaires have to sell off shares to pay taxes.
it's obvious they want to make taxing unrealized gains socially acceptable. first they do it to the billionaires, then the millionaires, then everybody. taxing unrealized gains makes it even harder for low and regular income earners to accumulate any significant wealth. it reduces social upward mobility and thus cements the existing wealth thisparity.
looks like it is for anyone with 100 million plus. if you're worth that much, i'm pretty sure you have good accountants and lawyers that will drop your worth to 99 million. 😎
how are they going to tax unrealized gains though?
yeah fuck this shit. you can be taxed on unrealized gains. that's fucked up, and no way that will be allowed. it's double taxation
looks like our military budget is about to increase 20%. raising taxes does fuck all if we can’t reign in the ridiculous appropriations
i can’t wait to hear about the loopholes these billionaires used to get out of it.
great, now that i'm going to become one thx to amc, they find a way to take more from us.
what does this have to do with crypto?
i just think ceo bonuses should be taxed 60% while raises or bonuses given to lower ranking employees should be tax deductible. doesnt matter though. well never get ahead.
banning loans against equity would solve that loophole just the same.
and just like that there were no more american billionaires. (because they all moved their official residence to tax haven countries)
why cannot us just introduce a small tax fee on top of trading fees for every buy or sell trade ? wouldn't this simplify the tax system in us ? i rather pay a small bps of tax than paying a huge 20-30% on capital gains.
everyone remember trickle down economics... get read for billionaires to wine and let everyone know they have to pass this down too
without fixing the tax loopholes, this is meaningless. the rich pay no tax, because they *do not* make money. their trust funds and overseas businesses registered in tax havens do. you can tax them to 100%, but that will still be zero.
unrealized gains is going to trickle down to everyone’s 401k. this is just the foot in the door to normalize it
ah yes, taxing unrealized gains only to make billionaires sell their assets and make your investments go down with them.
government have no follow through, government bad. return to monke
i know nothing about taxes, so… keep that in mind when i ask this, but…. can’t people just buy a bunch of stocks and keep their money in nontaxable assets instead ? is the stock market about to swell up with (more) billionaire bucks?
okay so buy bitcoin?
if i'm a billionaire do i need us citinzenship
what’s this got to do with crypto?
they all keep their billions in shaded hold ups in ukraine! is he taxing those too?
this stuff is so dumb. billionaires never realize income and never pay taxes. they just borrow at 2-3% annual rates on their net worths and constantly refinance.
the manchin-urian candidate stands
even if it passed how would that directly affect middle class citizens?
if this somehow passes it will take less than 3 years before democrats apply it to everyone and all retirement accounts.
that’s why the stock market is up? hill billionaires getting rid of liquidity?
including unrealized gains... then tax reversals if they lost money... the thing is, corporation taxation has lots of loopholes so that 20% billionaire might be applied to their few million dollars after all the “tax deductions and exemptions have been applied, plus offshore accounts. but sure, sounds great!
billionaires have all their money in their llc anyway. no one cares. not like it is unrealized gains tax anyway.
blue bush ladies and gentlemen
the whole game is avoiding taxes. good fucking luck.
oh wow, do you think he will use the money to provide adequate housing for his people and forgive our student loan debt?!? ...oh he is gonna use the money for more "defense and foreign aid.
i pay more then 25% in taxes and i’m not even a millionaire
if biden actually cared about finding solutions he should have consulted this comment section first smh.
well, now to hope this does not pass.
why so little? i pay more than that in taxes...
i thought the whole problem was billionaires not paying normal taxes... won't they just evade this one too?
thank you sir, make it a double
maybe you don’t like what comes out as suggested new taxes etc. etc. but they are at least doing more than destruction.
it’ll probably go the same way as the student loan forgiveness promise.
oh no so billionaires will park their wealth somewhere else and still live in the us. so scary.
government gives trillions to corporations and taxes the rich at 20 percent. those who cannot buy food cheer for biden. wtf is wrong with people.
why don’t we just close tax loopholes for the rich. and establish a flat tax. when they avoid taxes it’s the middle class that has to pay more. the problem isn’t the tax rate. it’s the loopholes. i am all for being rich. some of them paying nearly zero. while i get taxed a third of my income. why not drop the tax rate to 12-15% for everyone regardless of income bracket
time for the accountants to become super heroes and move. it’s almost too easy.
yeah this is doa lol
my portfolio is no longer hemorrhaging in the red. is this... is this a green week? a month?
what a ridiculous idea. it only exacta to satisfy the loud idiots that don’t work or produce value for society.
the us political left is not going to rest until it finds some end-run way to tax "the rich" (which will eventually be all people) on their hypothetical net worth if they were to liquidate everything they own, rather than their actual income. it's all about greed. if the us government really wanted fair taxes, the would just implement a 10% across the board tax on absolutely every citizen, and absolutely every source of income. rich, poor, a capital gain, income from a job - does not matter. just 10% from absolutely everybody, every source of income. no such thing as a credit. no such thing as a deduction. your taxes would take 5 minutes instead of the nightmare they are now. and the government would have more money than it can handle. but it is not about balancing the budget. when the government wants money, it just prints more and devalues your bank accounts. it's about grand-standing against "the rich" to get votes and stay in power.
bill will never pass, these billionaires run the world they aren’t going to let this slide.
this would not pass, probably just posturing. i am curious about something, maybe some of the americans can answer this. can you use his executive orders to pass something like this?
i would move my business to latin america . plenty of opportunities.
they know it has 0% chance of passing, and they are just doing this as an empty gesture to win over the progressives.
i hope this is 20% on top of the already existing tax brackets, or this is a complete joke.
nothing is going to change until we start reminding our politicians and oligarchs of their own mortality. each one of the people responsible for the corruption of our government has an address and needs to sleep.
they want my tendies
will never pass you think joe the butthole womanchin and krysten the butthole cinema are gonna go for this? dinos
according to gabriel zucman, an economist at the university of california, berkeley, stated in the washington post report tesla (nasdaq: tsla) ceo elon musk would be required to pay an additional . meanwhile, jeff bezos, the founder of amazon (nasdaq: amzn), would be required to pay an extra . so elon musk earns ? he is not even worth .
what would all the trump supporters who make less then 60k.🤷🏼‍♂️
the 0.1% ... so crazy that is a thing
hold up. all this billionaire tax debate in the us is over a 20% tax? twenty percent? i have to pay up to 40% on some of my earnings in the uk... 20% on the rest. insane.
spending less is never an option huh
damn it all the hell, there go my crypto gains! i just invested , i was going to go to the moon like way beyond wenlambo. fuck it! i'm down , i'm selling! complete ponzi scheme!
we have a ton of great tax attorneys in here. the rich get richer for a reason. if you think this is going to change that you’re sadly mistaken. the politicians on both sides of the aisle are in bed with the billionaires. this is fluff to make people feel better. it will have next to zero impact.
will they get tax returns on unrealized losses too? what a nice incentive to dump and sink stock prices to not pay taxes. this is absurd.
we all know this is going nowhere. they have the game rigged. cue all the republicans trying to convince us trickle down economics will surely work this time if we just give it a chance.
hahahaha funny one, will never happen. this is prob the next ‘cancel all student debt’
the president can propose anything he wants in his budget. congress still has to turn it into law, pass it in the house and pass it in the senate before it can go anywhere. 90% of what is requested never goes anywhere. it's just a talking point. that being said, i'm willing to try this tax out on myself. pm me for crypto wallets.
taxing unrealised gains is a great way to crash the economy.
did anyone besides me actually read the article? it says that they are estimating it would generate an extra . so unless they meant 1(seeing as they said it should generate 360 billion in 10 years - so 36 billion a year), the math does not add up either way... not saying that its bad by any means that the rich are getting taxed more but like...this is nothing lmao.
they have to pay for their raises somehow!
go after the banks loaning money. force a high interest rate on billionaires instead of taxing unrealized gains. force the billionaires to sell, that way they will need to reinvest it, tax the swing of stock sale to immediate. lock them into their investments instead of living low interest loan to low interest loan. incentivize them to carry risk, donate to public projects and employ americans. break the seals and keep the money moving. we will all prosper. in order to trickle, we must force these accounts to be more liquid.
that's good news for trump who is not a billionaire.
y’all need a history lesson income tax was meant to tax only the wealthy and to support the economy after the war. how’d that turn out? if you think they’ll only ever go after the wealthy with unrealized capital gains, you don’t get how this works.
most of the money is offshore, billionaires are not dumb, most of it is tax free, it is all backed by debt, more time and money wasted, let us go brandon tltr: buy btc
with so many jobs becoming automated and a lot of work being done remotely what is going to prevent job creators and successful entrepreneurs from just packing up and taking their business to wauconda or wherever the fuck?
is it just me that thinks taxing unrealised gains is an awful idea? let’s say a rich person has a stock, and that year there’s a speculative bubble and it goes 5-10x (eg elon musk w tesla). they now have a huge tax burden. okay, cool. but what if the bubble then pops? their stock goes back down to its original price and they **cannot afford to pay the tax**. this just seems like an absurd system to me, far worse than a 1-2% wealth tax. at least that won’t bankrupt people.
20% is not even unreasonable man
they never decrease tax, they are stealing our money.
great - let those fuckers pay and pay hard. one less yacht or helicopter won’t make a difference
very easy in this case to sidestep that... not hard at all... bidens just trying to make headlines.
36 billion that'll probably go towards paying for our almost trillion dollar military budget 🙄
so the idea is to take money out of the hands of successful capital allocators and put it in to the hands of government contractors?
so my middle class ass gotta pay more % if my check than them smh...fuck off
socialist explosion 🍿🍿🍿🍿🍿🍿 taxes do not work because the government is broken. shoving money into a failed black hole is part of the reason why crypto exists. that's all that needs said. that's literally the only relevance this story has on this sub.
something no one here will ever need to worry about.
some may thisagree but taxing unrealized gains is insane for both crypto & and stocks regardless of how rich you are. if you think they will stop at 100m i've got a bridge to sell you. this will become 100k in no time. with inflation the way it is even if they keep it at 100m it will be comparable to 100k in no time.
taxing people on unrealized gains is never, never, never, never going to work. it just is not. first, it is not fair. i do not care if the person has 100 dollars or 100 billion. if your value is based on previously taxed dollars, then until you pull it out of the account, that perceived value is still zero.
they’ll just spend more than they get from that too. like they do from literally everything else.
itt people giving more complicated solutions to problems that aren’t exclusive to the billionaire class at all. fighting for things like investment income loopholes is fine, but that’s not going to be easy to pass whatsoever considering both sides are paid off to keep that loophole in the dark. obviously there’s more fixes needed than just a tax on billionaires but jesus christ have you not followed the last…idk hundreds of years in this country? dramatic fiscal change does not come easy. there’s like 600 billionaires in the us, if you’re complaining about this then you need to go sit in the corner.
what are the chances they are not going to give all that money to the military?
lol. they’re going to try and add a , they’re going to explain how they’re going to spend it.
i see this being welcomed, morphed in congress as lobbying interests do their thing and the senate blocks it until it is "just right". by the time it reaches the president's desk there will likely be 100s of tax exemptions and loopholes.
how about 20% less taxes for sub ?
“the administration estimates this could raise . only the top 0.1% of households would be affected and more than half of the revenue would come from those worth more than a billion dollars.” that'll keep the government running for 1 month (assuming there is 0 negative repercussion such as capital flight). i do support this, but it is quite meaningless in the grand scheme of things.
this is fucking stupid.
the funny part is, based on the government's pre-pandemic spending rate(2019), they spend . which means that this tax would last the government less than 4 days based on their spending. if their spend was pre-pandemic levels, which it is not.
for context; in my country, your stock portfolio is taxed 1.7 percent a year. 20 percent is plain theft
government screw you peasants shut up and do what we say
billionaires are the ones that can hide their wealth easily. it may be hard to tax them, or even, they may just move elsewhere.
see if this actually goes through and if billionaires do not just find a way around it anyways.
put the military budget at zero.
if you tax a millionaire or billionaire they are still wealthy. a regular person is still poor.
do unrealized gains get taxed each year?
90% tax of 1 billion is still 100mil more than the average person has 20%? oh no, they will struggle to survive with 800mil left over.
20% is lower than the 250k plus bracket...
if that passes, say goodbye to 20% or more of all your slowly regulated internet point values that are only there thanks to billionaire laundering.
the government wants more money to burn! i’m sure they will use the money wisely and efficiently, i mean look at what we get for our money now - such a great deal!
nah president manchin will not let that pass
is this good news?
ok so the government will be shut down for weeks until that is excised from the budget. film at 11
hahahahaha, that will never pass. even if it does, expect it to go to federal court and be thrown out as it violates many other parts of law. people should actually know what the current laws are before voicing their opinions on things they do not understand.
it’s crazy how i can walk into work and hear about chris rock getting (there is suspicion) “maybe, falsely” bitch slapped, but no-one seems to stay tuned to the changes in what they are literally working for.
gotta get the money from somewhere.
i make 20k a year on a good day and pay more than 20%. so... wow.
the us gov wants your money before you even have it. so fucked
billionaires would not hesitate to go elsewhere if the tax is to brutal.
why is spending less never part of the conversation?
yeah, lets pretend like they would not just use loopholes and tax minimisation strategies only available to the uber wealthy, to avoid paying this. i paid more tax in australia than the 10 biggest companies combined last year.
up until the 70’s the mega rich we’re taxed 50% that’s why everyone could earn a decent wage and buy a house.
how many loop holes did they leave in the bill so his country club friends don’t pay
yeah right sure sure
aren’t most people with that kind of wrath funneling it through a llc or multiples anyway so it’s not really in their bank accounts per say?
let me guess there is 1 semi decent idea mixed in with 9 total crap concepts right?
it wont pass but it is a nice start. the gop is too busy trying to turn this into the middle ages ti do something that would actually help
will this tax affect the stock market?
we need lower interest rates! home priced keep rising, and now with the increase in rates, it’s getting harder and harder for middle class people to afford a home. these rate hikes are insane right now.
listen try as you will to screw billionaires and the army of lawyers will use the loophole i'm sure is buried in the bill somewhere. income tax, illegal but will only tax top 1% of taxpayers. yeah how did that work out?
stop talking taxes talk accountability we want to see where this shit is going
so only 20% of billionaires will fail to dodge it then 🧐 🤣
who the f this ass hole thinks will end up paying it? not the billionaires
this aint passing rich people run washington, they aint paying taxes for shit
not holding my breath...
lol republicans have auto pre voted against this
i want to believe.
this is definitely bad and makes no sense, but might be the only way possible for something to be done. i don’t think anyone believes that our government would be competent. this could shut down a lot of monopolies that billionaires have, but the unlimited borrowing issue is still there. monopolies are probably bad, but shutting them down would be somewhat catastrophic for us in the short term. competitors will not rise from the dirt, but hopefully there would be more competition. something needs to be done now about the wealth gap within the next few years or our lower socioeconomic classes will be ruined. we are always 5-15 years behind on legislation ex: cybersecurity laws, racial issues, copyright laws ect. the vested interest that many have and the slow nature of a democratic government makes that shit impossible.
i think it is funny to think this has any meaningful impact on the crypto community. ' "there are also likely a handful of anonymous bitcoin billionaires out there; as of january 2021, there are 25 individual bitcoin addresses holding more than a billion dollars, according to bitinfocharts. of those, five belong to crypto exchanges: coincheck, bittrex, binance, bitfinex and huobi."
tldr; some groups had hoped to see more in the president’s proposal, particularly with regard to congressional efforts to improve benefits or helping to resolve the program’s solvency issues
why isn’t it the same tax bracket as the rest of us.
always shocking to see people here liking boot.
so that means the rest of us will get some way to take advantage of that money like better infrastructure or health care, right?... right?
well it won’t pass because it’s not actually intended too
don't worry though, that shit would not be used to help you one single fuckin' bit, it will go to the . or just oil subsidies.
this is all for optics...there is no way any of these politicians wants wealthy people to be taxed...its more for the "welp, we tried" after the fact.
biden has just asked all the billionaires to move
there are 2 ways this news is related to us: 1) printer goes brrrrrrrrrrrrrr and inflation goes 10000000%, so we all become billionaires - strong incentive to buy btc for me! 2) btc to the moon so we truly become billionaires - another strong incentive to buy btc for me!
well hell, looks like i'm paying 20% now
for those who do not understand this, it is not a wealth tax and it does not really raise the tax rates. the long terms gains rate for people at this wealth level is already 20%. all this bill does is force individuals with a net worth above 100m to realize gains within a sliding window of 5 years. no more unrealized gains forever to avoid paying taxes. which is easy to implement for stocks and bluechip crypto. hard to implement for any hard or subjective assets (i.e. paper crypto billionaires with millions in unrealized gains for a shitcoin with no market)
so the 36 billion in revenue is going to offse the three trillion deficit? drop in the bucket...
wait what... i get taxed more than a billionaire?
hey mid-term voters, look we are trying! never gonna happen, but we put it out there, look!
hahahaha this will never pass 😂😂 might as well laugh
so the taxes they already are not paying are going to be increased. what an amazing achievement. this is politics at it is finest. present it as you fighting for the lower classes while having literally no effect on the billionaires that funded your campaign and got you into office. another boring day in our boring dystopia.
don't new tax need to be approved?
just in time to hit the apes after moass.
hey guess what this will never effect a single fucking one of you so don’t act like it’s a big deal. you’re more likely to get struck by lightning and hit by a meteor at the same time than earn . if your family isn’t already loaded you have no chance. this tax is a great thing.
this is just a way to appease some voters without actually doing anything. the legislations creators know this.
20% is too low for billionaires
> 2023 > > you want it! reelect me! power play that has no chance of passing whatsoever, but might get him re-elected.
so, the whole world fed now right? clothed and sheltered well? woohoooooooooooooo thank you for all your generosity and good public service! couldn't have done it without you all! yo, go ahead and just do it if you all can agree to it, help out everyone, every person, everywhere, what's gonna work, team work, yeah, cheers, we did it y'all! world hunger resolved! next issue! thank you! thank you! thank you! thank you! thank you! thank you! thank you! thank you! congratulations everyone we did it! yo, a celebration is in order! good food feast! light some candles! good music! retreat into relaxing bath, regenerate in the good energy and comfort of realizing that you do not gotta be hungry. fill your belly, feed your people! clothe your people and take r easy y'all! hey, it is my birthday soon, you all do you. world peace. or i guess ya, they will have to make more highway overpasses for people to find shelter under because these streets are so crazy, there is no where else to go.
everyone celebrating him rn knowing damn well they aint gonna pay. 😂
so government shut down again?
so i don’t make a profit in crypto till i sell just like most billionaires wealth is tied to stocks that have value but don’t pay dividends. so paying taxes on hypothetical money is not how to collect more tax revenue.
people really don’t want ryan cohen to be the richest man on the planet, do they?
plot twist: whether you are a billionaire is calculated by reference to safe moon coins
in sweden we get taxed like trillionaires
vote for them again next term for it to be in effect lol
lol not happening but at least he’s got a good imagination
how much do immigrants who earn big(like software engineers) pay over here? is it same as the natives ?
crypto is the only option. it's sometimes a good idea to diversify your assets by investing in cryptocurrency. some companies, such as eli mobile, have pioneered blockchain development by creating the
and by that they mean billionaires will get 20% more of our taxes.
running out of printer ink huh?
great idea! the government has by far the best track record when it comes to efficiently investing money while billionaires like bezos and musk do not really know what they are doing!
they should include crypto-friendly policies in order to advance mass adoption. i see alts like .
i have a 900 sq.ft one bed one bath apartment. my kitchen cabinets are too small to put pots and pans in. the windows are not insulated and original to the building from 1989. in spite of this the rent was marked up 200 from listing last year because it was "newly renovated". they put in cheap counters and redid the bathtub walls. anyways rent is . my renewal offer came yesterday, if i renew immediately i am lucky enough to only get a 9% rent increase to . wait a little longer it is gonna be . wait until the last day it is . that's a 16% rate hike. i live in se michigan.
thanks for canceling student loa…...oh….ok.
suddenly trump is only worth 999 million
lol i pay 30%
what a terrible idea.
even if by some miracle this bill passes, is not there this horrendous law that lets corporations sue the government for damages incurred due to law changes? i knew they were trying to fork that shit over to the eu and luckily eu saw it in time to be like: "wait, that is insane, fuck that."
that would not affect me for sure.
well, 20% is less than anyone else pays still.
we should reduce spending instead. or reduce my tax bill, taxing the rich sounds great buy it doesn’t help me any
in the bill is complete student loan debt wipe up to , free healthcare, shelters for the homeless, teacher stipends, and free school lunch for all children. not really, but the outcome is the same.
biden administration should call ex-preisident hollande of france in order to learn how taxing the wealthy ends.
if i become i billionaire in 2023 this will be mildly upsetting
*dear uncle joe,* **lets just not tax unrealized gains please and thank you** *sincerely, ya boi*
lmao this is never passing
lord… what now… this must be the most incompetent administration ever. like every single one of them. they’re pushing too much hatres towards billionaires meanwhile nancy pelosi is making millions if not billions trading stocks and options in the last few years.
yeah, that bill ia never going to pass...
even if, i doubt we’d see even half of that
haha suuuuuuure. the rich [do stuff like this](
why should this pass? these guys paid the taxes required by the law. now jealous little people say tax them more? for what? take from people who make, and give to those who waste. do we think the government is a good steward of any funds? laughable.
i still wonder how this is going to pan out long term.
tomorrow!! - baby doge - nfts coming 4 420pm est
should be 25% or more. they would not feel it. they still rich
they'll pass this bill and then soon the satoshi papers will be leaked where we realise that all rich people have now started hiding their wealth in crypto and there is nothing the government can do about it.
billionaires bootlickers are one of a kind
what does this have to do with crypto? no one here is a billionaire so this will never affect them
joe biden and his team are committed to creating a brighter future for all americans. that's why they are proposing a new 20% billionaire tax, to make sure that everyone has an opportunity to succeed.
waiting for the republican white trash in this country to come out and argue for the billionaires. haha.
bend over bezos, father biden has arrived and wants his candy
ok so a billionaire tax law effects what like 10 people in the united states. i would much rather see a tax law that effects people making 2-999 million per year since that would result in the wealthy paying a higher percentage of taxes not the poor and middle class.
and the cost of all good skyrockets, does this admin not understand economics?
i rather not give this government another cent. they’ve proven they’re incapable of utilizing it productively.
this will drive inflation up even more, drive jobs out of the us, cause new unemployment record numbers. the rich would not allow their money to be affected. they'll just raise costs to make up for the loss. unless he forces them to keep costs down and force them to stay in the us it will undo america.
now we'll have better schools.
still peddling that lie i see. if people believe this, they are fools.
anyone stressing on billionaires selling something should consider the anecdotal burst that came from that fienthish rethistribution of wealth known as stinmiez. how much of the crypto bull enhancement came from that pittance is likely not quantified, but i do know rich people don’t spend money but the bottom 80% sure do.
billionaires existing alongside rampant poverty represents the failure of an economic system.
the man is a financial genius ...
i just understand people who simp for billionaires. what don’t you get? you’re closer to homelessness even as a millionaire than ever getting even close to the extreme, exploitative wealth of those people. fucking a, exercise some class solidarity. embarrassing.
(guy who has been screaming to raise taxes on billionaires for decades trying to raise taxes on billionaires) r: this is all fake so that he could say "he tried"
should be 100% change my mind
“we decided to take money from people that understand money and put in in the hands of governments that don’t understand money” seriously, the private sector is kicking so much more ass these days. elon in his down time is building rockets that blow nasa out of the water.
crap... i better sell soon so i dont get that 20%
funny, your country every day resembles me more of argentina. you might wanna check argentinas last 100 years to see exactly the kind of shithole america is aiming to be next.
can he cancel some student debt please
this story is such a waste of time. nothing will pass as per the usual.
just great, take money away from people who know how to allocate capital and give it to people who know how to piss it away on waste.
waste of time bill and a publicity stunt.
love all the reddit comments immediately saying this would never work. oh, i'm in , never mind, i see why.
who voted for this clown? i miss trump!
all the people here who want higher taxes will piss their pants once the biden admin comes for their crypto profits. lol.
if that happens, most billionaires would flee to their offshore islands
just watch as billionaires flee to tax havens and leave america
a billionaire tax, joe? burn the fucking excess cash you fucks have been printing, causing the massive inflation and rising prices. you stupid lying piece of shit can shove your billionaire tax up your ass. for fuck's sake how stupid do they think the world is?
if that bill passes, billionaires will just raise their prices, cut employees, and move overseas in order to compensate for the bs.
taxing unrealized gains is the dumbest idea in the history of economics. it's fucking theft.
biden is gonna fuck in our economy even more. only fix is a war and taking resources. hmm i wonder where that would be, maybe somewhere that people don’t look like “americansl no it won’t be russia. stay tuned
this coming from a guy that shits his pants.
it doesn’t matter. all that money is going to go into the pockets of politicians. and tbh i’d rather elon have it than biden.
democrats are considering a new tax on billionaires that would help fund their proposed .2 trillion social spending package. although some critics of the plan say it opens the door to tax hikes on a broader swath of americans, the proposal would only impact taxpayers with more than , or those with incomes of more than .
liberals are stupid taxing more ain’t gonna do shit when government spends all the money
1) the peoples ledger= any $$ 2)affordable care act= health insurance premium jump 3x this year 4x 3) the patriot act= any us can be spied on at any time 4) small business administration= harvard school, lakers, ruth’s chris got ppp $$$. 5) cares act= , got called lazy and not wanting to work, while sending billions to an apartheid state, and zionlenski regime
how about they start spending less? it's really easy to waste other people's money. i'm kinda shocked to see a lot of positive comments about this in this specific subreddit to be honest.
biden knows this will not pass, but now he can say he tried. now get going on that student loan forgiveness like promised lol
billionaire tax should be 35%-40% at least
uncle joe, please just stop
nice! finally some good stuff coming from this administration. first a positive crypto executive order, then this
i cant wait til this trickles down to everyone remember the good old days when the government promised that they wouldn't tax anyone earning over ! now it is 100m in a few years it is going to be 10000! government is great...rrrriiiggghhhttt!
no, of course not. but then he can say "well, i tried to make them pay their fair share, but the rupublicans blah blah blah" it's political points scoring, same as always.
what a fucking joke, a slap in the face even once you read what it really is. i genuinely want those old fucks pulled out by an angry mob at this point. i do not give a fuck how it happens anymore, be it by good or evil means, just make it fucking end. these corrupt fucks are so far removed from their own people they have no right to make these decisions anymore in my opinion.
that's when they will blame the gop 😂
the government: "its the thought that counts" the people: "um no. no it is not."
don't forget insider trading ban for congress.
it is kind of insane. even if you get something like this to pass the increase revenue is only . these guys are spending trillions non stop
it's a nice headline, nothing more. gotta be dreaming if you think its actually gonna pass
even if it passed billionaires would, not surprisingly, figure out how to not pay those taxes, or do we not have gravity anymore? is water still wet?
it's a well calculated move. they know it is not gonna pass, but at least it will keep the masses and the media talk about it and less about rising inflation and gas prices.
cronies would not allow this to pass.
hey this is irs. we're going to need to audit your crypto holdings now
yeah we will totally pass a bill to tax billionaires. congress will def decide to follow through on a bill that takes money from their best buddies in the .01 %.
it's the govt tactic. push hard on a bill that faces backlash and will never pass, forcing others to compromise on a lesser bill that still is crap but "a compromise" according to them. and they continuelly do this... pushing for 3, getting 2. then later on pushing for 4 and getting the 3rd they did not get initially.
this guy knows how us gov works... be careful, they have ears and eyes everywhere. totally agree with you.
government: your profit is our profit, your loss is literally your loss
i love the argument that jeff bezos does not pay fair share but amazon paid over . they keep this shit going and nobody will want to set up business here. they will tax our way into a 0% effective tax rate because no one wants to pay it.
agreed. it’s more for optics to sucker the working and poor class into thinking they’re doing something. i’ve learned to look at the big picture and read in between the lines. these politicians are a bunch of corrupt imbeciles who take us for fools. rightly so are fools who keep falling for their bull shit and keep voting for them.
it's all for show. "oh we did our best but majority voted for it not to pass." greedy fuckers.
well the best plan is for every non billionaire to vote out everyone who voted against this !
you are right and it’s pathetic. the scope of this is 729 people in us as of 2022. if we can’t pass something that impacts under 1k people to benefit millions of people, we really ought to think about who we are electing as our representatives.
what’s mind blowing is that a huge percent of average americans are against this. not because it effects them but because one day if they maybe possibly become billionaires they want to keep all their monies.
that's fine. let the republicans go on record before the midterms that they do not want to tax the billionaire class during rising inflation and record inequality while most american families live hand-to-mouth. it's about time the dems started pushing an agenda with some balls. taxing billionaires is a symbolic move but it is a slam dunk winner.
irrespective of the merits , this is massively bullish for crypto. for obvious reasons that i wont elucidate here...
unrealized gains imo is the thing killing this. like, it is just impossible to do that is not it?
\>not having caribbean citizenship wut
the votes for? so cannot the usa put the senators against it on blast?
if i understand billionaires correctly, they do not actually "own" . they are simply the sole authorized individuals over "owned" by someone else.
even if it passes it will the rich will find ways to work around it. the illusion of progress…
same day age limits?
yeah i mean every single democrat will vote for it other than maybe manchin and sinema. kinda need to have more progressive senators in order to reliably pass legislation. based in your guys' reaction to this though i'll bet there will never be another admin who tries to tax the rich. biden is giving the people what they want and you guys still push a doomer narrative. i'll bet he learns his lesson never to try and appease progressives again.
yeah and i heard they are not allowing congressmen to trade securities anymore too! or not!!
well, at least it makes them look like they are trying to do something lol. nothing will change until those old pricks continue running the governments around the world. they are so old they have no incentive to change anything because they would not be around in the next 10-12 years.
do not worry, they included lots of loopholes
the way this comment is placed fucked me up hard for a minute
age limit is a joke lol, it’s always for young people and not old people. everything is designed to screw young people and we need to call age thiscrimination old age thiscrimination, because that’s what it is. age thiscrimination is what we aptly call society.
bill is an interesting way to spell "constitutional amendment."
at least he is trying.
billionaires do not pay taxes because they generate income from assets unlike the 99% of average people that will shoulder the tax increase, like always. the same corporate billionaires that lobby this shit, btw.
we wouldnt see a penny of it going to help average people anyway lol. they'd probably just buy more tanks and bombs and instead of fixing our fucked up healthcare system or trying to fiscally make sense of the education system.
i just want you to know, this is not a bill. this is just a proposal of what the white house would like to see in the budget congress will make and pass. the executive branch does not control the purse strings, they just spend what it is given.
also 20% is still significantly lower than it used to be wtf to add why the fuck are the rest of us paying 40%??
people will think it passed and that will be their memory.
pretty much this. all talk but no follow through
why not? us is a democracy. as such something like that, which benefits 99.8% of the population should have no troubles passing as a law. it is not like it is an oligarchy, where a select few decide for all, like some other nations we condemn...
it's propaganda for midterms this year. "look at our awesome budget plan! we even support police and police unions with extensive funding because us and the gop are just different sides of the same fucking coin!"
yeah it won’t pass, but this will get him mad clout. it would only pass if this was a democracy. yale says it’s not because public policy has almost no alignment with 90% of the populations preference, yet it fits almost fully with the minority of financially elite. that’s the studies summary. wonder why yale funded it tbh.
which is really fucked up because considering billionaires make 100% of their money off other people's backs that 20% is them getting off easy imo.
agreed. we need a constitutional amendment that allows for nationwide referendums and than we pass term limits and all.
the ,000,000,000 increase to the pentagon will go through, though. probably the only thing that will stay unless congress stops their ridiculousness.
better to bring it to the forefront of thiscussion today then wait for the cacophony of dysfunctional political arguments from their opposition.
still wild to me that the u.s. is lead by people so old they cannot even handle 2 to 3 hour long debates without falling asleep.
so is the idea just to keep funneling people into office to increase the chances of one not being a fuck up? how can you get more sensational than that with the usual end of term no-fucks-given bullshittery.
everytime a new tax is introduced, down the road it is the poor who are ultimately going to suffer. rich people have the best accountants and lawyers to cruise through such shit. i am no expert in this regard but one way i can think of getting away from this is being a director. you do not own anything you just control it. no government can ever tax "control". an example of this would be "baba ramdev" from india. his net worth is a few thousand dollars, but he is the admin of a multi billion dollar company called "patanjali" and hence the power and influence of a billionaire, he can pretty much do anything he likes with the assets of the company. government would not ever tax unrealised gains of a public company - because then you would be taxing the public which votes for you. smart people always cover their asses, which is how they became rich in the first place. i am not in favour of extreme wealth inequality, but the world am not sunshine and rainbows, it is metal and unfair, you can either complain about the game or play the game.
i was just telling my friend this. that this is just them trying to put a bandaid on the real poverty problem, and it would not work, and it is just meant to bide time while they keep reaping their personal rewards. but yeah. it's just bullshit, anyone with any wisdom knows this.
🤣don’t think i could have said it better. you’re too clever. ✌️
term limits really are a terrible idea for congress and senators. if they have zero chance of being re-elected then have no incentive to spend their term(s) working for their constituents. they are immediately heavily incentivised to try and find a good job for after their time in office. if you want to fight against corruption, ban corruption. adding term limits is a blunt instrument that doesn’t do what you think it does. i would argue that the president is different because they are at the top and have much more influence and could use that influence to actively reshape the government for their own specific self-interest. even then you can tell that the presidential term limit has the same flaws. their speech fees alone are indicative of favours they did whilst president. if they didn’t have a term limit they might not care so much about pandering to these interests for their retirement in 4-8 years.
it’s not a bill. it is the presidents budget and it means nothing. congress controls the purse strings.
purely political move. he can say he tried but could not get through the red tape.
your apathy accepting those presumed results is exactly why this shit doesn’t get passed.
we already have the amt. biden is blowing smoke up your asses.
or they’ll pass it. . . excluding politicians and their families.
> billionaires worth am i just dumb but thats multi-millionaires
unrealized taxes i see. good bot
so in other words he is proposing an unconditional tax. the courts have clearly defined income and unrealized capital gains do not fit that description. the 16th amendment only allows congress to levy unapportioned taxes on income.
>including unrealized gains on assets such as stocks and real estate. if passed, the proposal would generate . including a market crash that is, should i also get my unrealized retirement plan? or my inheritance from my unrealized death grandfather and father
tax on unrealized gains it is unfair.
the weirdos that are not anywhere near 100m in net worth will be here to cry on elon musks behalf in annnnny moment. we joke about how congress, but truth be told, we get the representatives we deserve. 'temporarily embarrassed millionaires' hate the thought of this stuff too.
yea it is the unrealized gain tax. it’s a slippery slope and an all around terrible idea. if they want to properly tax billionaires they should focus on removing loopholes and not allowing people to borrow money against stocks. edit: unrealized gains isn’t real money. elon musk doesn’t have 200b in cash. he owns assets. if you cannot understand that this brain dead idea is criminal at best you are a lost cause. it’s a direct violation of the constitution as it’s the government seizing your assets.
it's a wealth tax. and scotus will overturn it. (i'm extremely liberal)
executives being paid in stock is not necessarily a bad thing. if you pay them cash they can fuck off in a year and retire. if you pay them in equity that vests over 3 years, they need to at the very least keep the company afloat for 3 years to cash out
hey hey hey leave my loans against investments alone... ' that 1:1 idea is a solid one though.
and *then* they will finally tax billionaires.
that’s about the same time a loaf of bread costs a billion dollars right?
that's it, i'm stocking milk.
...and minimum wage will still be .25
bold of you to assume society will exist in 2027
they know it would not pass. biden needed to release something so he could say "well we tried".
honestly, when i hear stuff like this, it makes me think about how bernies approach feels so much more natural. like or hate him, at least there is thought into those types of repercussions. he proposes a 1% wealth tax on those with over . 1% is not enough to completely crash markets, making it a "wealth tax" instead of unrealized gains takes away the pressure of refusing to realize gains. i see stuff like this and go "okay, who thought this was a good idea?"
it's called deemed disposal in ireland and australia and the united kingdom where unrealized gains have been impossibly™ taxed for decades.
> it's unsustainable. ok, now let us check the sustainability of "[billionaires sequester all the wealth](
> unrealized gains tax? what a weird idea do you get unrealised tax loss to deduct when the market move the other way?
it's not at all impossible to tax unrealized gains. it happens with property taxes in lots of jurisdictions--people are taxed on the unrealized value of their real estate. it would be a huge economic shift to do in the us, but it is completely possible.
definitely would create a potentially huge sell off in a few brands stocks whose owners wealth is mostly in a couple stocks. after the initial sell off the first year, you would only have taxes on unrealized gains for the year so it wouldn’t be as dramatic.
imagine you own a share of a company and you have to pay taxes on it because other people want it. you do not have to sell it and accept money, just someone else *makes you an offer* on a stock exchange with no active participation from you. ridiculous.
>unrealized gains tax? that’s not even possible and will destabilize all markets. i absolutely see no issue taxing individuals on unrealized gains they borrow against. if you 'realized' the benefit, the difference is entirely semantics. it is absolutely absurd you can theoretically borrow against unrealized gains your entire life, never pay any tax on it, then pass it on to your kids without triggering any tax on unrealized gain. plenty of things destabilize markets, like the market realizing it is in a bubble. it is not inherently bad. are billionaires going to immediately dump their own stocks and be taxed as realized? not a chance.
tax avoidance is unsustainable
the government's ponzi scheme will end up collapsing one way or another. they cannot save themselves there. taxing the rich would not end well especially at a high rate.
unsustainable to whom? to the 10% of americans who own 89% of the stock market? to the 1% of americans who own 32% of the stock market? to the bottom 50% who own 11% of the market?
when are you sending me ? pay your fair share i’m poor
it's almost like it is unhealthy for tesla to be valued more than all other carmakers when they produce a fraction of the cars and the valuation is dependent on one guy sitting on all of it.
>sell a quarter of his stock, price plummets sell 2% of his stock, price plummets sell all the rest of his stock, pay 20 billion of his 50 billion tax bill, spend rest of life in debtors prison sounds like parathise dreamt up by certain politicians
those billionaires build business on the fact they don’t have to pay taxes. makes me sad that so many people would lose their jobs because of that greedy decision
seriously, the only folks that could buy the stock would be non americans or investment firms. now you shifted control away from the people that made the company successful. the fact that politicians even proposal a wealth tax should get them removed from office.
it is all imaginary anyway
elon sells 10 billion in a month, nothing happens. elon sells 50 billion in a year, entire world catches fire. i’d like to see instead of cash payments, stock transfers. i’d be okay if the rich passed along shares for the treasury to hold for 20 years minimum.
...billions of dollars wouldn't be wiped out, as trading is a zero sum game and the price is only what people are willing to sell or buy at. if the price does spiral down and money somehow 'thisappeared' it would just be a quick correction to inflation and the dollars 'wiped out' would just be adding the 'lost' value back into the real value of the dollar. the tax itself would assist with preventing more wealth from flowing upward which has happened in past economic crashes, which is why most people have fled during recessions; the loss of jobs hurts, but the decrease in wages across the board as the wealthy just get to enjoy the deflation has been what has definitely helped in created a furthering wealth divide, as that increased real value of their dollars were invested and got to experience massive growth on top of the increased increase to the basis of the dollars value.
fuck that. make them sell their stocks, it will come back, it will heal. this needs to happen now. it cannot wait for a reasonable way anymore. soon this change is going to flow from the barrel of a gun from the people who have no other options left
money never wipes out of thin air. it is reallocated between people that sold and are buying. this tax is to the individual and not to the enterprise. i find weird that multi billionaire elon musk is being defended here, since he is the 0.1% of population that holds more then half the riches of the country. if you live in usa this money may affect you positively, since the government has, you know, more money to spend on its people. we as a society got so brainwash that we are arguing that is unfair to elon musk to pay 20% tax, you actively believe that he is gonna get fucked. elon musk will have to settle with 3 new yachts this year and not 4. and his taxes will fairly go the people, since he is rich this much because of people. how much percentage will you pay in taxes this year alone?
i feel that it could just as likely be a negotiation tactic. most politicians know that public opinion is coming around to reigning in the super rich, but many politicians still serve a base of voters made to believe taxing the wealthy somehow hurts them personally or is beholden to moneyed interests. unrealized gains tax is dumb but maybe the idea is hoping the main compromise will be excluding that only? this is however coming from an optimist who is a strategic pessimist, whom always looks for the silver lining and likes playing devils advocate as an exploratory exercise so take this with that in mind. deep down i do believe it could just as likely be a metaphorical cyanide pill to sink the bill without having to oppose the core values expressed within.
it would be easier to cancel student debt at this point lol.
i agree, but i also think the fact that the market is propped up by billionaires is at the core of the problem.
also, unrealized gains taxes are simply wealth taxes, and those are unconstitutional….
it is possible, we have it in ireland.
maybe sell something else instead of his stock
it's not real money if it is just wiped out that easily.
it’s not meant to “pass”, it signals to congress the things he wants. they make the budget, not biden. democrats and republicans will have to compromise but it may keep some of what he’s asking for.
technically, tesla is massively overvalued anyway. so, fuck em.
actually this seems far more feasible than you are making this out to be.
it gets worse. your house went up in value. pay up!
take out a loan against their assets to pay the tax. similar to how they do for many purchases so they don’t have to sell large amounts of stock. i think it’s certainly possible but it’s beyond me.
is it not on unrealised gains? so if a stock goes up 10% then 2% of their holding is paid in taxes? if so then it’s rly not so bad, billionaires are always using lombard lending to spend their money rather than liquidating stock, i don’t see why they shouldn’t do that to pay some taxes. would’ve preferred to see a tax on loans over a certain amount though
you just outlined why the system is so broken. it’s unsustainable because the system has made it unsustainable.
what does it matter if tesla stocks plummet, fuck tesla and fuck elon.
exactly like billionaire currently live. they can either borrow it if they think their stock will rise in the future. otherwise they can sell a part of it like the average joe. the price won’t drop that much as there is no indication that the company is worth less, or that the owner has lost trust. no he is just paying his taxes. as the company would still have the same value, any price drop would quickly be bought up again.
man, i couldn’t agree with every word you said more. unrealized gains tax… what a bunch of morons running the country.
where im from you pay tax when you sell the stock and you pay on profit from how much you bought it from, not just because you own it. owning stock does not equal cash
throwing the middle class under the bus to appease the working class is tried and true. the wealth gap is never going to get fixed until the guy making 30k realizes he’s in the same boat as the guy making 200k. instead of trying to push him off the boat, they should both be targeting the yacht with the guy making 200m.
damn we need to be making 200 million a year to be middle class now?
based on nothing at all
it has two purposes. one, to establish precedent. once it exists, they can continue to lower the limit until they can tax the middle class, which is where most of the taxable income exists. two, to prevent upward mobility from the poor and middle class to upper levels. dems and reps hate the poor and middle class, irrespective of what they say. they want to keep people poor because it is easier to manipulate people when they are poor.
yes, close to or equal to 0%. this happens when a ceo has no base salary and is instead paid with company stocks. the value of the stock fluctuates and thus it is hard to assess its value. only when the stock is sold, a capital gains tax is applied. this is a great way to pay less taxes than the average joe since the stocks hold value, yet are not taxed until sold. now you probably wonder how that same ceo gets spending money. well, the stocks have value and thus can act as colleteral for a loan. the stocks are not sold in this scenario. and there are no taxes on loaned money. the interest on the loan is the only thing that needs to be paid but this percentage can be brought down by providing much more colleteral than is strictly necessary. this is my interpretation of how this system works, feel free to correct me if i am wrong.
we normal people pay 25% here in finland, y'all should stop complaining
political theater. behind closed doors republicans and democrats both work together for the same people, not their constituents who get dopamine hits by their finger pointing performances out in the open. divide and conquer.
this is not about being sane, it is about promoting hate by appealing to jealousy.
we have it in denmark on something called an aktiesparekonto. it pays taxes automaticly each year, by selling a small portion of the stock. the tax is 18%. it works great :)
income tax was originally temporary and only for high net worth individuals… that turned out well.
it would not... that is how it starts everytime the cap just gets lower and lower over the years and money increases pulling more people into it. next thing you know you've tax brackets.
the "slippery slope" argument is a logical fallacy. ' gay marriage has been federally legal for 7 years, how long until i can marry my dog??
you mean *another* 20%.
someone else mentioned that ireland and a few other places already do this. >it's called deemed disposal in ireland and australia and the united kingdom where unrealized gains have been impossibly™ taxed for decades.
i pay 3.5%. what is different about that?
its like paying taxes on your home and vehicle every year, even though you have not sold it yet.
do you own a house?
too bad most of the country has not realized this yet. as long as biden "looks" like he is doing something, people will vote for him again. the only argument i seen to vote for biden is 1. he's democrat 2. he's not trump. this country is so awful when that is your only reason to vote.
it probably buys them a few million votes i'd imagine.
it's basically impossible to not pay us taxes if you're an american citizen. they'll tax you out the ass on your way out
the funny thing is you can take all the us billionaire's money it would only run the government for 8 months lol. along with the only being allowed to tax realized profits this crap is blatantly unconstitutional and violate multiple laws. the 16th amendment says profits not wealth lol a wealth tax could also violate the fifth amendment takings clause, the 14th amendment's due process and equal protection clauses, and the article i prohibition against ex post facto law. all billionaires in the us combined only have 5 trillion in wealth. the bigger issue americans percentage it pays no taxes. plus you cannot tax someone after that already paid taxes on capital gains and property taxes we also already had a luxury tax that did not bring any more revenue
too bad most americans are too stupid to realize this. taxing the billionaires does absolutely nothing for us with how they mishandle their money.
this would apply every year, so its bad for all assets in the short and long term. fortunately however its never going to pass.
i'm too lazy to look that up, but holy shit sounds like he dodged a bullet announcing how fucked our country's economy was the day before fucking 9
if you do not see a problem with taxing unrealized gains, i do not know what to tell you.
exactly. why are people on this sub acting like they are billionaires and this tax would affect them? is it the whole i'm not a billionaire **yet** mentality? hate to break it to you but the chances of becoming a billionaire are kind of low...
it's truly ridiculous is not it people defending someone who does not give a flying fuck about them for no logical reason.
if you're idolising billionaires for not paying taxes, there is something wrong with you. sadly seems like a lot of people do this lately
there are brainwashed redditors who think billionaires do not already pay proper taxes
yeah but this is not the way to do it though. not only will taxing unrealized gains tank the market but it will surely trickle down to the middle class. billionaires have the means and the resources to avoid this, the middle class does not.
nah some people are just against theft no matter who it happens to. proper taxes should be proportional to usage of government services and infrastructure. proper taxes should not be some portion of someone else's wallet you decide you have a right to. imagine your restaurant bill increasing when you get a raise instead of increasing when you buy more food.
the issue is you and every politician puppeting "fair share" or "proper taxes." like maybe define what that means? about 50% of the population pays almost no net taxes as it is. so what exactly do you want? for instance, in my opinion, no person should ever have to give over 50% of their income to the government. it's real easy to just yell "1% bad, make pay fair" without any real plan.
maybe that is why they stay poor
a lot of them in this thread
it's ok. your money is safe this time.
they do not tax big dogs. they all put in in a company in the cayman islands. although this is not the best option either. won't even pass. they do have a printing problem though.
yes, giving our government more money to burn will definitely improve lives. they have a great track record of being wise and efficient custodians of taxpayer money, why not give them even more, right?
biden’s america what else can i say, can’t wait to get these fuckers out of office in 2024
maybe they should quit wasting the record .
what if it affects you when the billionaires leave to a more tax advantaged country and take the massive amount of taxes (not regular income taxes) with them...that does affect the little guy.
taxes on unrealized gains? this is destructive to our economy and there are much better ways of making the ultra-wealthy pay their fair share.
sadly, that is the part many do not get... billionaires were complaining about taxes and managed to get them to nearly zero because they got the backing of the poor people who agreed that "taxes bad" the fact that they were only talking about taxes for the rich, not the poor did not make it to the people... generally... the bigger your footprint, the more services you use and the more you should pay for them... americans claim to hate socialism but they have no issue with the poor paying for the services the rich consume... it is weird.
this seems like a good idea to everyone that knows nothing about taxes or economics. every expert will call this a fucking dumb idea that makes no logical sense. go ask r
how so? i think it’s a terrible idea. most billionaires in the us have their wealth tied up in the stock market via publicly traded companies. if they have to pay taxes on unrealized gains they would have to sell their positions in those companies which affects us little guys who hold their stock. i don’t see how this would help anything at all
i’m not rich or a billionaire but you do realize most poor people don’t pay income taxes right? i’d rather see a flat percentage added to the sales tax on everything where everyone pays the same percentage. you spend more you pay more. you spend less you pay less.
all of us each have more than ,000,000?
classical move from joe, next he will make everyone pay taxes on unrealized gains. when’s the next tea party?
so we should just let the wealthy be because they are threatening to leave anytime it’s inconvenient for them. sounds like a toxic relationship.
good riddance. put them on a ‘do not re-enter’ list as well. if you want to live and enjoy and make billions off of our country and population, pay your fucking share, you leeches.
this would tank the entire stock market in a spectacular way.
funny how you spelled "hookers and blow."
you pay 25% taxes on income you made. this bill intense to charge 20% taxes on unrealized gains.
don't worry about them evading. this plan guves them money back.
no, they will "avoid" it. big difference.
wait, that never happenedooooooooohhhhh i see what you did there
you can’t win people over with crap that never passes. it’s like promising your kid a bicycle for christmas and then on christmas day you’re like oops maybe next year.
i'm picturing the guy from contact that lives in space
symbolic gestures is all we get from this administration. this is just the next example of it. it will go no where.
what's your alternative solution to address stupid 100% workaround loopholes such as borrowing against your money so that it never gets realized? > but what if the bubble then pops? their stock goes back down to its original price and they cannot afford to pay the tax. they would have already paid it, you have to pay your taxes each year... if you're simply worried about the gap between jan 1 versus april 15, then that is pretty easy: "unrealized gains can be your choice of as of jan 1 or as of april 15, or any day in between, up to you, with the understanding that next year's taxes start as of the date you chose" boom there ya go, guaranteed now to always be able to afford it.
if by "no time" you mean **100 years** (actually how long it would take at 7% inflation, just calculated it, 106 years) then sure. and obviously inflation would not stay at 7% for that long, but there you go just for giggles anyway.
> first did you intend to keep going? cause the "fair" part is bullshit, when billionaires have made very clear that they will just use stupid loopholes otherwise such as "borrowing against the money so that they never have to realize it lolololol"
maybe you paid more income tax but they paid more total tax. what was their net profit? was it 0? that would be why they paid 0 income tax.
not on unrealized gains. that is a monumental difference.
how do you tax unrealized stuff
has to cuz most billionaire only holds 1% of their net worth in liquid assets like cash because the vast majority of their fortunes are usually tied up in business interests, stocks, bonds, mutual funds and other financial assets.
at least they should have given warning...8 years talking about it was not enough .
this crap is blatantly unconstitutional and violate multiple laws. the 16th amendment says profits not wealth lol. a wealth tax could also violate the fifth amendment takings clause, the 14th amendment's due process and equal protection clauses, and the article i prohibition against ex post facto law. all billionaires in the us combined only have 5 trillion in wealth. the bigger issue americans percentage it pays no taxes.
isnt 20% the bare minimum anywhere in the world?
how it should be
i cannot tell if you are sarcastic or not.
offshore islands of what country? can't have an extradition treaty, or else the us can just bring ya back. it would have to be a russian island, a madagascar island, indonesian, or whatever specific place. they also would have to still be able to make 80%+ of their income they make now, in this new place, or else they would be losing money anyway over time. if you need to actually show up at any office or business location and have meetings, that may not be the case.
what tax havens allow the typical american billionaire to continue to run their business at full efficiency without making even 20% less income as a result?
lol yeah right. they need that to dangle every election cycle
also, that was supposed to be a temporary tax on income. it was then thought unconstitutional to tax someone’s income. just like all temporary government programs that end up permanent.
there is this tendency among politicians to see the world as a zero-sum game, if musk and bezos are paying less in taxes, they are supposedly stealing from the general populace. nevermind the fact that both musk and bezos have done more to improve the average person's quality of life through their services than all of the politicians combined. i'd much rather have musk be in charge of the country's budget than biden. the former will invest it in our infrastructure, the latter will squander it uselessly under the guise of "investing" it in our infrastructure. politicians do not really have a good track record of getting shit done.
the wealth inequality is at its peak. the elites cannot go full marie antoinette on this shit. wish more people protested for this shit in a more organised fashion
actually it is: the people: "i agree. but only if you're on my 'team'!"
the real question is why do you think taxing unrealized gains is a good idea? that's a slippery slope i'd just as soon stay away from, billionaires or not.
and the prayers. don't forget the prayers.
screw that. want nothing to do with this tax. unrealized capital gains? do you realize that income tax was never meant to be for everyone? income tax was meant for only the wealthy and to lift our economy after the civil war then ww2. how’d that turn out? unrealized capital gains tax would start out at billionaires but make no mistake that tax would find its way to everyone. you think it’s risky trying to invest now and make it? good luck. that would just drive further separation between the rich and poor.
surely the politicians who are in the pockets of the rich billionaires will pass this bill.
how is it a dream if this passes. thank god this shit won’t pass. this is r😂😂
1 year in crypto is like 10 years, so should be soon…
> is water still wet? water was never wet. it causes things to become wet.
this is literally a floor for people above a certain net worth. if your assets are worth more than 100 million you must pay 20% on your income including unrealized gains. basically you can no longer hide your wealth in appreciating equity and assets for decades. there would not be loopholes unless you can misrepresent your wealth or income, which is tax fraud.
joe machin: "my constituents from the county of billionairington have voiced strong opinions against this billionaire tax. i mean why would anyone even try to amass hoards of dragon gold if a small percentage of it has to go to school, roads, and veterans benefits?"
it’s a shame that these people also control the politicians with action pacs and donations to their campaigns. politicians are bought and paid for shills.
right? manchin would not let this happen during his reign as invisible president lol.
utilitarianism is not the correct moral argument to use for this. it is the same logical reasoning behind why they exploit 10,000 factory workers to serve millions of customers.
a huge percentage of americans see this for what it is, step 1.
wait, how will this affect us multi-hundredairs!?
read along with the entire sentence, that the tax itself on billionaires will be worth 100. it's sort of an awkward sentence for sure.
[aw do not worry, you'll feel a lot more comfortable in the millionaire's camp.](
. that's roughly a market rate return (10%) on a billion dollars
it is a bit after all
it's government, they only know how to waste money not how to account it properly.
man, we have people still reeling economically from covid, the jacked up housing market, screwed up school system, on and on and on...and we talking about going mars? reminds me of a certain chappelle sketch...
the word oligarch is so much more fitting. as we see here, its already being used interchangeably.
you mean the fine publishers at... finbold.com are not in fact fine publishers?
annual versus 10 year revenue.
implying the government cares about the constitution
can i get my unrealized losses at the beginning of the year?
do you make ? did your father? grandfather?
how is it weird to say that this is an extremely idiotic proposal that does not take into account any of the thisastrous second-order effects caused by taxing paper gains?
they would not remove loopholes for themselves lol. we know billionaires control the world and not politicians.
how is this a slippery slope. i'm taxed on the value of my house. not the gains.
it's impossible to thisallow collateral borrowing unless you remove interest based borrowing but that topic not many are willing to engage in.
this, to simplify, is removing loopholes. the hyper rich don’t make financial moves that would otherwise be taxed because of loopholes.
unrealized gains *are* real money when you can borrow against it then not declare that as “income”. are you saying we should close that loophole and not allow held securities to be collateral for loans? if so then i agree but i have a feeling that’s not your opinion.
yet he is allowed to borrow against those unrealized gains into perpetuity and never actually pay tax? see, something is broken.
just to be a bit of a contrarian, i get taxed on my assets, my house. i also get taxed on unrealized gains for that asset when it increases in value and is reassessed. how is this different?
banning borrowing money against stocks would unfairly affect ordinary people though - not a good idea unless it would only apply for billionaries...
slippery slope is a logical fallacy.
the problem is that this incentivizes them to do things that shareholders like but are ultimately bad for the company in order to temporarily drive up the share price. or worse, do things like agree to leverage buyouts so they can cash out at a premium while ultimately dooming the company. the best incentive would be for the executives not to make 100x the wage of normal employees to begin with.
i really do not give 2 shits about the company... there will be something to replace it. make the rich pay their taxes.
they wouldn't have to stop loans against investments, merely make the loan a taxable event on the (now functionally realized) gains of the collateral. e.g. if you get a loan against 1,000 shares of stock worth , , then you owe tax on the 're allowed to take the loan. after you've squared up the unrealized gains, go for it. if you prefer not to, then okay but no loans.
let’s be realistic here, any limit that’s set for billionaires probably won’t apply to anyone commenting here
yeah but just on for your first 100 billions. everythign you have more will not be touched for sure
they are ready to tax billionaires and attempt to improve education, healthcare, and the environment at literally any time if they could pass bills.
don't forget to get the long life stuff lol
invest in lettuce, kale cannot hold on forever
i see it as this but also, because all politicians need to fight and add extra shit that has nothing to do with the bills 9... so i feel like people introduce bills with more and more extremes in the expectation of getting push back to 'meet in the middle' which was probably their original goal anyways.
may be that’s really what it is, just to show everyone “we did something”.
typical government fluff to make people feel like they are on their side
there’s a reason his approval rating is almost at trumps level now
i mean...i think that is important. washington is pretty divided and its good to get people on the record at least.
or negotiate it down. ask for more than you expect.
this is how you negotiate in politics these days. you go astronomical and end up where you wanted to be. it's a smart move really.
mean while, student debt sitting over there like "yo, yeet me and walk into your second term". biden sitting with a "what's that noise" look on his face.
this 1000%, it is a classic republican move that is worked stunningly well for them. think up some half backed fantasy and try to sign it into law, then when it is inevitably struck down by the courts they will go crying to their base "see we tried but the democrats blocked us! i'm surprised it is taken the democrats this long to fully embrace it.
he should’ve tried the great fairy bill, where she waves a wand and we all become real boys and everyone is content.
i mean this is coming from a guy that shits his pants.
they always fail to get things done.
bernie's proposed policies were often pretty decent. a lot of them aligned with the big concerns most americans agree on, and generally he was not proposing anything too crazy - but his own party did not want him to win, so he did not. smh.
australia does not tax unrealised gains. all of our cgt events are based on a change of ownership or something equivalent (like being made absolutely entitled through a trust).
: "not how that works and this wouldn't apply in the situation described, but do not let that get in the way of a good narrative." they since deleted the comment, but here's the response for more context. from the article: >the proposed fee, which will be presented by the white house today, would compel the 700 wealthiest american families to make a “top-up payment” if they pay less than 20% of their total income in federal income taxes. > >unrealized gains on assets such as stocks would fall under this category. > >“as a result, this new minimum tax will eliminate the ability for the unrealised income of ultra-high-net-worth households to go untaxed for decades or generations,” the document stated. so in short, gains on assets (they even talk about capital stock explicitly) are deemed as annually realized gains and taxed as such (within the context of the 20% income condition that the proposal has in place). this is quite literally what deemed disposal is, just that the type of asset whose unrealized gains are taxed and the period of the thisposal so deemed is different from jurisdiction to jurisdiction. in the proposal thiscussed in the article its annually on all asset classes, in ireland for example it is every eight years on exchange traded funds.
yep. and billionaires have liquidation plans they use regularly. they do so easily and often. it would be easy to make them pay their fair share.
well, we have more billionaires on earth than ever, and also less global poverty than ever. it's looking pretty sustainable so far. you're not one of those fools that think the poor are poor *because* the rich are rich, do you?
sure. capped at ,000 though under current law. gains are socialized, losses are privitized. always have been.
paying tax on unrealized gains is stupid as fuck. listening to the sound of it just sounds stupid as fuck
this is the way i always think about it. your property, taxed, because other people want it more.
valuation is for future not present
100%. look at how much taxes amazon and tesla pay globally. without their tax dodging, they would still be struggling to survive.
the logic also applies to any public company that you like too you know. unless you are ok with all public companies plummeting and destroy peoples retirement fund.
exactly. the best way to prevent yourself getting knocked out of power is pull the ladder up behind yourself once you've reached a certain level. that's why you'll see so much token support from billionaires about these policies. they know they will be well insulated, the others? well, not so much...
we do this with crypto - borrow at 25% ltv and the interest payments are trivial. you keep a stack of funds needed to stay on top of the interest payments in another vehicle getting yield with automatic monthly payments from the yield account to the loan account. you then live and forget with an almost perpetual money machine while your highly valued assets appreciate at a rate greater than the loan interest and tax implications of getting yield. high net worth individuals have been doing this for centuries and i’d wager that the ability to do this is what protects all the generational wealth out there.
genuine question. doesn’t the ceo in this example have to pay back those loans? where does that money come from?
>this happens when a ceo has no base salary and is instead paid with company stocks. the stocks are taxed as ordinary income at the value they had when they were transferred to him, and in the year in which they were transferred to him.
> instead paid with company stocks that's taxable income same as salary
this practice is complete bs. using stock as collateral needs to be a taxable event. assess the collateral's value at the time of the loan origination. pay taxes on the gains. if we want to begin addressing wealth inequality, that is a good start.
are they really getting away without paying tax on their stocks? whenever i get stock from my company i have to pay tax on it, so my 100 shares becomes 60 at the end. and they are taxes the date you get them as income and again when you sell them as capital gains if the value increases. this is more them getting open ended options at a particular price and not getting taxed until they actually do something with them.
when a ceo is paid in stock, he is taxed on the fair market value of that stock at the time he is able to sell it, i.e. at the moment it becomes "his". being paid in stock is not some magical get-out-of-taxes loophole.
i like this thinking. more of this please.
i dont see how forcing people to liquidate assets is a good thing
that’s a taxed advantaged account type that you can opt in to. you get more favorable tax rate with a cap on how much you can investment in that vehicle every year. in american terms, that’s closer to a 401k or ira. that’s not even close to what’s being proposed here, which is a new, mandatory tax, at a higher rate than the current ltcg rate, on all your assets.
amt was created because the ultra rich at the time weren’t “paying their fair share”. it was created to target only the 155 highest income households. it now applies to over 5 million households annually. once the government enacts a new tax, it only ever expands.
the same will happen with this new tax, it is not meant for the upper class but the middle. bullish on wealth gap.
the government's favorite game is "just the tip" when it comes to creating new taxes. taxes never go back down and they sure as hell never go away.
no it is not
>deemed disposal means the deemed chargeable event that will occur at the expiration of the eighth anniversary of an irish resident or ordinarily resident in ireland shareholder acquiring their shareholding and on every subsequent eighth anniversary therefrom. doesn't seem like that is the case to me. perhaps we should all verify information before spreading it on the internet...
here you go. it’s pretty close to the end of the video.
the ultra rich literally hide their wealth from the irs in ~~appreciating~~ assets like stocks. they can then use that asset as collateral for loans tax free. they are stealing the wealth of our nations and our peoples
this isn’t taxing all unrealized gains though, just those for billionaires that avoid taxable events. you can be against taxing unrealized gains for people worth under 1 billion and for taxing them over it. those aren’t mutually exclusive…
do you have a counter proposal for taxing billionaires then? how else would you go about it? capital gains taxes? or are you against taxing billionaires more than we are now altogether?
property tax does this already. the rich can pay more. they must.
no offence, but as an outsider just casually scrolling, a lot of you folks seem to be into crypto as a get rich quick scheme, rather than out of any sort of belief in it as a currency. of course those people would get mad at this, they have the delusion they can get filthy rich too
exactly. everyone should be responsible to pay their part of taxes.
where did the wrong idea that billionaires do not pay fair taxes come from.
someone else mentioned that ireland and a few other places already do this. did it tank their markets? >it's called deemed disposal in ireland and australia and the united kingdom where unrealized gains have been impossibly™ taxed for decades.
exactly, i've never seen any definition of what "fair share" even means in this context, i've just heard clips of joe biden saying it 3920 times throughout his campaign and during his time in office. what does that even mean? i have not seen or heard a plan that works as intended, just a bunch of platitudes about helping the working class.
are you worth over ? if not, this law would not affect you.
sales taxes are highly regressive. adding on more to a sales tax would harm low income people even more
*judge thomas penfield jackson issued his findings of fact on november 5, 1999, which stated that microsoft's dominance of the x86-based personal computer operating systems market constituted a monopoly, and that microsoft had taken actions to crush threats to that monopoly, including apple, java, netscape, lotus software, realnetworks, linux, and others.\[5\] judgment was split in two parts. on april 3, 2000, he issued his conclusions of law, according to which microsoft had committed monopolization, attempted monopolization, and tying in violation of sections 1 and 2 of the sherman antitrust act.\[17\] microsoft immediately appealed the decision.\[18\]*
that is literally the opposite of what we need. bill gates is responsible for crimes against humanity. the money he donated is to keep him out of the spotlight.
15.3% for 1099 income. sales tax. other taxes as well. sure as fuck do.
correct they used the perfectly designed loopholes and tax minimisation strategies, to reduce their payable income tax to nil. which is in my opinion pathetic. there should be a rate at which this cannot be minimised beyond. don't get me started on how much money some of the mining companies still owe the federal government. then of course there is the issue with companies like apple, who completely rort our government out of money that should be paid, but is not thanks to their deceitful structures.
people do not seem to understand. this is not a wealth tax. this is not an income tax. it's just a forced cost-basis adjustment.
not on unrealized gains.
yes, russia. they can flee to crimea and sochi and buy themselves a mansion for pennies worth in the resort of post soviet republic.
would be cheaper to headquarter in ireland and live any were else then to stay in the usa
that’s not how the system works, you create a company or trust on a tax haven, they are essentially yes men that do you as please but keep the company registered in the tax haven to avoid paying taxes. they don’t cost 20% of a billionaires tax money to run or even close to it as most of these tax havens have a tax cap of about ,000. after that you don’t pay tax. do your research, i literally live on one and work for one and know the system as a result.
they’ve improved people’s lives yes, and they *are* rewarded handsomely for it. you’re acting like taxing them at high amount will reduce them to the average american. they wouldn’t even be reduced to your average rich people. also, there will always be someone else to make people’s lives better. bezos and musk did not invent anything anybody else would not have come up with.
what makes you think passing a us law will effect billionaires? they'll just move. prior wealth-inspired revolutions, if not deadly.
wealth inequality is exploding thanks to a federal reserve that’s in bed with financial markets. those same financial markets which prop up cryptocurrency prices. taxing the wealthy wont reduce wealth inequality.
>the wealth inequality is at its peak. doesn't mean shit, in itself. prevalence of poverty does, and they are not causally linked. the wealth gap between the highest and everyone else was much lower a century ago, and things were much worse for the average person back then. wealth is not zero sum, and the fact is that "net worth" is not an amount of cash money that would be in poorer people's pockets if it was lower. if you buy a baseball card for , that does not mean you stole . and if it then falls to , you also have not enriched any third parties by continuing to own it. time to crack an econ book open, people.
wealth inequality increases because of inflation. inflation is always a monetary phenomenon. government is in charge of the monetary system. but yeah, let us blame the rich for it. if you want to protest for something, it should not be for perfunctory taxes that billionaires will never pay and even if they did it wouldn't make the slightest long term difference (if you took 100% of all the billionaire's wealth it would run the country for a year); instead you should pretest for sound money. maybe like cryptocurrency. and look what sub we're in.
i mean it would take more than protests to take them down sadly. even if the entire world hated the elites, they wouldn’t care. as long as they were getting paid, they don’t care what people think of them.
so you think every year billionaires should have to sell 20% of their stock holdings, thus tanking the finances of companies and leading to layoffs and destruction or retirement savings for ordinary people?
i feel like there is no right way to deal with wealth inequality. it will always be an issue regardless.
our poorest are some of the richest people on earth and you think wealth inequality is at its peak?
those billionaires have their money all invested in america and providing american jobs, now he is just encouraging them to fully move to china and never touch american soil again
perhaps the most messed up thing about these thisgustingly rich people being aghast at the notion of paying more is that they will still have more money than they can spend if the tax goes to 50%. they're modern day smaugs sitting on ungodly wealth while much of the world suffers. someone with a 10 million dollar portfolio is much, much closer to being bankrupt than they are to having a billion dollars, and 99% of people reading this thread would quit their day jobs overnight if they had 10 mil. outside of whining about having different numbers on a page in their accounting books, billionaire lives would not change one bit with this tax. it's not even about the money, but rather about the audacity of the plebs to think they are entitled to slightly more than the scraps most of the world uses to survive paycheck to paycheck.
protesting is useless. sustained, coordinated political action is all that matters but nobody can be bothered.
protests don’t work without a goal in mind. they can only bring awareness.
the main constituency affected by this have been corralled into the pen of being "for" tax cuts for the rich, because it is really easy to trick dumb people to vote against their own interests.
there was a pretty coordinated protest for it that lasted like a year... occupy wall street. didn't really accomplish anything :/
there is no taxation that will affect wealth inequality in any significant way. people need to learn that.
when the capitol riots happened we had a real chance to fight for good change. instead, what was it that made the american people storm the capitol? "more orange man less senile man" fucking pathetic.
they would get gased, flashballed, cia ops would infiltrate the demonstrations and wave nazi flags, the media would call the whole operation a nazi fringe extremist conspirationists movement, and that would be the end of it. voila, welcome to the new era of humanity, i do not have a name for it yet but i'm sure some sociologists already dubbed it something fancy.
they're too busy fighting over pronouns and genderless bathrooms
i’m down for some french revolution vibes. off with their heads!
people were protesting the shit out of this 10 years ago during the occupy movement, but the media managed to thissipate the united front by forcing identity politics as the hot topic instead.
the same fuckers telling us to buy 50k electric car during record inflation saying they are gonna tax billionaires...
you can’t tax what’s not in your country
you're taking the bait, they are not serious.
> the wealth inequality is at its peak. nah it can get much, much worse.
why can’t they? it’s been working fine for them so far.
i do not know... i think when it is at it is peak things will get far more violent than it is now.
as long as people have trivial shit to argue about like abortion, gun laws, and religion, no one pay attention to the oligarchy. also cigarettes, weed, alcohol, and lottery and free porn keeps the peasants happy enough to not revolt.
you can never fix inequality through taxation.
this is moronic leftist thinking. in order to compensate for the tax increase, businesses will raise prices, layoff workers, or just move overseas. dumbasshatocrats don’t know anything about how money works. they only know how to spend it.
by full marie antoinette do you mean telling people having trouble buyibg gas to buy an electric car
y'all had occupy wall street and then got subverted by identity politics. i wonder who benefits the most increasing tensions in race relations among the plebs...
its not rich peoples fault that you're poor...
we're also at peak "bread and circuses" - no one really gives a fuck, and those that do are not a big or organised enough group to do anything about it. unless people get so poor that their children are literally dying of station and on the streets, nothing will happen unfortunately
whats protest ...: you can protest all you want until it becomes an actual concern. fact is nobody runs their own power, we drive public roads, public water, etc, more or less we’re alll by our nuts. and making some noise is fine, but if it became a substantial threat, i really , really don’t believe “they” would just let that happen haha.
> the elites cannot go full marie antoinette on this shit. >wish more people protested for this shit in a more organised fashion not sure if you're suggesting that people "organize" some gallows for these autocrats, though i am in the camp that peaceful street protests will get us nowhere.
but did you hear will smith’s slapped chris rock?!
as far as im concerned taking capital from people who provide more (for the cost) for this country then the government is a bad idea
fuck organized. we need riots. when we all did occupy wallstreet? we were peaceful, we were organized, and people ignored us and sent the cops in to fuck us up. the blm protests showed us that we have to fucking riot just to be taken seriously.
is it really the peak if it is still climbing? it's more like everest base camp.
i'll go against the grain and say i'm impressed with democrats consistency of presenting ideas that make the economy a bit more fair, and actually believe that the current dems would continue voting "yes" if we gave them enough seats in congress where their votes could matter. not everyone likes it (although most people actually do), but they held to their word and passed obamacare when given enough seats to be able to. it's really really unhealthy that democrats are willing to compromise when not in power, but republicans never will no matter what simply because they fear the credit their opponents could get.
luckily the politicians that *i* vote for are in the pockets of the poor billionaires!
i'm not saying it is a dream if it passes, i'm saying you're dreaming if you think it will pass. maybe a cultural slang thing but it means there is a very small chance of this happening, so small it would only happen in a dream
taxing unrealized gains? that's the sign of a country truly desperate for funds.
good. we can hodl here...
> including unrealized gains *unrealized gains* are imaginary gains. so if i lose money do i get a refund on the assets that i did not sell?
our unrealized gains of -
if you're in some high government position in a country like ukraine, probably a massive windfall
you see the american mentality is not that probably in a week you'll go from . that's the mentality we have here in america
damn, we got a mr moneybags over here in the multi hundreds
so income tax started in 1861 for individuals making todays equivalent of over . not affecting anyone who made less. . . . how did that work out for the country? this unrealized gains will hit every american within 10 years. they’ll inch the limit down. inflation will drive values of property etc up. and everyone will be forced to sell things to pay the government.
i am just a regular hundredair fufu
less avocado toast, i presume. but if you get another stimulus check spend it all on coffee!
based on the responses in this thread, you'd think it would affect them at all...
ahh gotcha. yeah, after going back and re-reading its alittle more clear.
i think you're correct, but the wording of a 20% tax on billionaires, wouldn't that mean the starting point is 200 million, not 100 anyway?
are you really trying to paraphrase the summary bot? full sentence from the article: >in reality the tax is set to apply to those worth , with a 20% tax on all their income including unrealized gains, if passed the new tax proposals would generate about .
it quite literally says , not income. > in reality the tax is set to apply to those worth
this is not how introducing new taxes work. income taxes were created by telling everyone it was a tax for the wealthy. now who pays it? not the wealthy. the government is playing on everyone's jealousy. and jealousy is a weak personality trait you can use to manipulate people. any "tax for the wealthy" is a tax they actually want to apply to the middle class. they're fully aware these "new ideas" only generate meaningful revenue when applied to large swaths of the population.
politicians are the figurehead. billionaires have them on their payroll to do their bidding
this is how it works unfortunately. the rich will keep on having the most power and decide what happens.
and that is something you need to survive, not some abstracted financial instrument.
and we need to get rid of that tax too
they are not attempting to thisallow collateral borrowing from i can tell, they just want to tax billionaires in new ways while not stop their collateral borrowing. it is simple and doable and a good thing and people should rethink which politicians they support over this.
what makes you say that?
it's pretty well established that context is necessary to determine that.
the company is owned by the shareholders. the shareholders can do whatever they want. they could close the business overnight and lay everyone off. it does not matter if it is bad in the long term or bad for employees, if it is best for shareholders then that is what they want anything else you suggest will ultimately be worse for the people who are choosing the ceos compensation. if you are saying you want to change the law to *require* something like that, then that is a different argument.
> shareholders like but are ultimately bad for the company in order to temporarily drive up the share price this is just a meme. shareholders can fire the executives. most normal shareholders (who would vote on things like ceos) prefer to hold for longer than 1 year to get the long term gains tax rate vs short term.
that's a pretty solid idea, given the loan interest is a tax deduction and they would probably be taxed at long term rates anyway. hopefully this would only apply to those with 100m+ net worth.
called setting an extreme anchor and is a common negotiation technique
i'm sure we'll get something similar from his administration regarding student loans.
vat is a regressive tax lol, it penalises the poor the most. it's only mildly better than the clinically-deranged suggestion of an unrealised gains tax. better for the government to just stop spending so much.
rich billionaires you say?
yeah, because the dumbass keeps promising bullshit that he knows he will never get done
[the top 1% owns more wealth than the bottom 90% combined]( do you think that’s sustainable? wealth inequality in the us is worse than it was right before the french revolution.
pretty sustainable my ass, fewer people can own houses than in decades past and it’s getting worse, healthcare is increasingly unaffordable.
> you're not one of those fools that think the poor are poor because the rich are rich, do you? you're not one of those fools who thinks billionaires are worth 100000x more than the average poor person because they work 100000x harder, are you?
its actually pretty nice to pay taxes on ficticious gains. here in the netherlands it makes doing your taxes really easy. and it doesnt matter how you move between cash or stocks. because real gains dont influence your tax. you just pay tax on ficticious gains, even if you are all in cash.
why? surely you have a better reason than “it sounds stupid and is stupid”. unrealized gains are the mark of billionaire’s wealth, and they use it for advantages in their own capital with loans and other assets being levied against their unrealized gains.
so you believe it is rational that the future valuation of tesla is greater than toyota, vw, ford, mercedes, gm, bmw, honda, kia, hyundai all combined?
amazon & tesla does not pay tax because of net operating loss. meaning the revenue has not exceeded the amount of money invested. continuing to build, add new jobs, etc. pumps money into the economy and increases overall tax revenue in an indirect way.
it’s been unsustainable for a while under what system? my comment still stands.
and to who's fault is that directly? the company that used them as leverage, or the government applying the taxes. any company that relies on the tactic of "do not tax me or yada yada yada" is not a stable one to begin with and should not exist, if the retirment issue needs to be resolved then the government should apply protections to these people while punishing the billion dollar company for not being able to sustain their employees.
would be awesome if you can give a real example of the crypto play you describe. like which platform and coin would this apply?
don't you pay taxes on the money you use to pay back the loan and interest?
yep been doing this for the last year with btc and eth and it’s incredible. 1% interest loan for 25%ltv still have all my btc. probably will never close the loans because interest rate is so low and basically everything in defi beats the interest by 6% or more.
there is no intention of actually paying back the loan. the ceo exclusively pays the interest. lets make a little sketch here of the situation. a ceo comes to a bank and brings in 1m worth of stocks and asks to borrow 100k cash. now the bank is not going to question this loan, there is no risk with 1m worth of colleteral. the interest on this loan, again with almost zero risk, is going to be negligible. the bank holds the 1m worth of stock for the duration of the loan, the bank can only liquidate these assets when the colleteral drops to 100k value. until that time, the stock just sits there with the bank. the bank gets interest on the loan, there is no real risk on the loan (for the bank) and no one is paying any taxes.
the ceo has *some* base salary. it's not 0 as the previous comment mentioned. that is used to cover the interest. majority of other expenses are charged to the company as working lunch, travel expenses, etc.
good luck, but reddit is financially illiterate. i had higher hopes for this subreddit.
you expect minimum wage workers on reddit to understand that?
wait till you find out it has been this way for decades…...
it is and always has been taxable already. that post is wrong. when you get paid in stock you cover that when it is granted not just when it is sold. jesus how can this sub so consistently be wrong about basics.
> are they really getting away without paying tax on their stocks? no. they pay tax on the value of the stock at the time it becomes theirs.
this is literally wrong. mean income in usa is the number you cited. median income in the usa is 31,133 usd (2019) which really just indicates just how much of the wealth is in the hands of the wealthy that the value of the person in the 50th percentile is literally half the average amount of money by gross amount.
it will absolutely destroy the middle class if property is included. property tax is one thing to fund schools and local govt. it’s an entirely different beast to federally tax the unrealized gains for retirees who have lived in a house for 20+ years and are living on a fixed income.
it's just the tip on everything. look at the patriot act... still taking shoes off in the airport. how about two weeks to flatten the curve, then it is lockdowns and masks. the government never relinquishes any control.
yeah in ireland it happens every 8 years instead of every year. >this is quite literally what deemed disposal is, just that the type of asset whose unrealized gains are taxed and the period of the thisposal so deemed is different from jurisdiction to jurisdiction. in the proposal thiscussed in the article its annually on all asset classes, in ireland for example it is every eight years on exchange traded funds.
tax loans over a certain net-amount then, unrealized gains is literally the dumbest way to try to tax them, and biden knows full well this would not pass. it's not just destined to fail it is designed to fail so they can say they "tried".
stocks are not appreciating assets. they only have the potential to appreciate. furthermore, the ownership of stock (this includes 401ks, mutual funds, etc.) is not hiding anything from the irs. because the irs taxes *income*. if jeff bezos was worth 1 billion more tomorrow, he did not withdraw . what happened is that the value of amazon went up.
i do not think you understand what that means. if elon musk, for example, has , where do you think he is going to get that money from? he would have to sell a shit ton of tesla stock, crashing the price in the process and meaning he would have to sell far more than 20% of it to pay his 20% tax. tesla would lose a ton of the investments in it as people bail out and, people and institutions would get wiped out, and all the normal people's 401(k) and ira accounts holding tesla (and even other related stocks sold to cover margin calls) would be decimated.
he's against it, because if you tax the rich then he feels like he is next. so instead let the rich continue to not pay their fair share forever. we have no choice really you see... if we tax them, then the boogie man will come for us next. so the only way to save ourselves is to save the rich and let income inequality continue to skyrocket. our hands are tied.
your deflection is impressive. i'll answer your question, but it should be stated clearly and explicitly - taxing unrealized gains would cause a total collapse of the economy as billionaires need to sell stock and assets to cover their tax bill. anyway, what would i change? i'd change the capital gains tax brackets so they more closely mirror income tax brackets at the top. i'd leave capital gains tax at the bottom (zero to 5x the poverty rate for a given year) very low, maybe 0 to 20%, but above 5x the poverty rate i'd ramp that up, with a 50% capital gains tax on anything over 100x the poverty rate.
it’s what maintain this huge infrastructure we use everyday
working on wealth management for 5 years with ultra-high net worth clients… they pay income taxes, but that’s nothing compared to the loopholes used to avoid real taxable events
and they are going to keep running their business empires from crimea how exactly? again, if they make even just 75% the income they did before due to their isolation, then they are losing money overall by doing that. plus, you know, having to live in crimea.
ireland has an extradition treaty with the us, so they will just send you back for blatant massive tax evasion. (you owe taxes to the us as a us citizen no matter where you are in the world, if the us would have charged more than the country you are in did this year, or if there is no tax treaty with the place you live)
the us will charge you taxes on your income no matter where your income is made, they do not give two shits. if you "make your income in malta" and pay 1% tax there, but would have owed 30% tax in america, america can and does demand 29% remaining taxes go to them and will arrest you for tax evasion if you physically live in the us where they can find you and if you do not pay it. corporate income may be a different matter, but this thread and the article are talking about personal income. you could make all your income on mars, and the us would still demand a cut if you're a us citizen. most other countries do not do this. the us does.
majority of their net worth is not consumed by them, it is used to further grow their business and retain a controlling share. what happens if they are forced to constantly sell part of their business to pay the tax? you effectively dilute business ownership. it could have a positive effect of fighting monopolies, but could also have a negative effect of bringing the same lack of direction to our corporations that we already see in politics.
did we learn nothing from the panama papers?
that plus the vast majority of their "wealth" is unrealized, like stocks and properties where there is no profit until the sale, which, by the way, is already taxed at progressive rates.
you think they are all going to renounce their citizenship and move elsewhere?
don’t you incur a huge tax when you give up us citizenship? i might be mistaken, but if i’m remembering correctly the us won’t let you go without their share
unless they renounce their citizenship, they will still need to pay the tax.
like they did the last time this happened in the 1940s to the 1970s (where the tax rate was always at least 70% on the extremely wealthy, and 94% in 1944). nope. the overwhelming majority stayed. that’s just bullshit billionaire propaganda. americans can also be taxed in america, no matter what nation they live in. can cite every single thing i said if you’d like. or you can google “us tax history”. you may not mean to but you’re peddling their thisinformation. high taxes are good for billionaires as well - if they aren’t just spent on the military industrial complex - as ~10.5% () is today - we can rebuild our crumbling infrastructure. edit - 50% changed to 10.5% as i was incorrect as was pointed out to me by the person below me.
you know the us income tax law applies to americans living abroad, right? yes there are plenty of loopholes, but this is not one of them.
that is never ever true. it just doesn’t happen realistically.
not only that but what is the intention of the tax? it's thisguised as a way to lower income inequality but i will never see a dollar of that tax.
what is your proposed solution to the current levels of wealth inequality?
not sure how moving helps? if they already own the stocks, then they would have to pay any possible future tax before they could give up their passport.
they can move all they want. they’ll still be making profits in the us. profits that can and should be taxed. it’s not a personal grudge against the rich. i’m totally good with taxing their companies in addition.
>wealth-inspired revolutions poverty inspired, not wealth inspired. the people who revolted in france were destitute and starving. in the us, the lowest economic class have an obesity problem. one big reason it is not happening here.
yes, some would move, but not all. trying something is definitely better than not trying anything, though.
good, let them move. then that country can follow suit and make money off of them too.
forcing them to move is effecting them. if they get paid they will have to pay taxes in the country they move to, so either way it kinda screws them. plus if they leave, good riddance. the companies will still operate regardless.
a 20% tax on billionaires is nothing. certainly not enough that it would impact them enough to move. these people are so rich, that if you taxed them 90% they would still be so rich that they do not know what to do with all of their money.
is that bad? let them be someone else problems.
if i am doing the math correctly, a dude who has a . that is going to drive a large exodus of billionaires. they would pay over half their fortune in 3 years.
imo it would not be renouncing their citizenship that becomes the loophole that keeps them from paying the tax. when one man controls more wealth than almost all the rest of us combined it becomes a simple matter of drowning the rest of us in money or "greasing the right palms" as they used to say.
or loopholes which there will be plenty.
super easy, if they refuse to pay it, their businesses suffer. this law would need to have a tack-on that any billionaire who refuses to play ball will have an embargo placed on their business, no us business for them
theyll move! yea to where? 20% is still way less than most places.
yeah thats why we need global wealth and corporate tax rates, probably some rules around subsidies too. well never get the opportunity to vote for such a thing though. so inequality will increase
that would mean never setting foot on american soil. they have to pay taxes here if they make money here.
move where? america has some of the lowest effective taxes rates in wealthy people in the developed world.
if they move out of country, impose a tax for that too and if they dont wanna pay, revoke their citizenship. dont wanna pay your taxes, dont wanna stay a citizen.
exit taxes are already there i’d they try to move assets or renounce citizenship
they'd have to do more than move. they would have to renounce citizenship and residency entirely
they do not even need to move, since the wealth typically are not registered under their name
to where? only other places with comparable standards of living tax the fuck out of the wealthy, they actually work for the working class. no way someone who has more money than they know what to do with will move to some less than desirable infrastructure and banking system nation in order to save some money that they don’t realize they even had. they will most likely just keep hoarding money in foreign bank accounts where it will never see the light of day rather than contribute to the society that allowed them their wealth.
yeah maybe, or maybe all the other western english speaking countries will just follow suit. i'm pretty sure if the us passes this bill, canada will be right behind them, and it will have a wave effect. we all want the same thing - rich people to pay their fair share.
i swear you people have no vision. why can’t we thisincentivize moving? the government can make a system where literally everyone that makes over 600 dollars gets fisted, i’m sure it’s possible to tax the rich.
so, you cannot just move and end this obligation. americans and green card holders will always need to declare taxes. so even if they move the obligation to pay the 20% of taxes will always exist.
move to where? any country worth living in will tax them to hell. plus, to escape the us taxes they have to give up citizenship anyway.
no way they move. they *can* move, sure, but they would not, and if they do, their companies are still based in america. that being said, this is all meaningless, because congress is bought and paid for by the people who this would affect, so it will never pass. edit: also, to be clear, it does not matter if they are killed or whatever like what happened in the french revolution. their assets are here, so then leaving and letting us take control of those assets is a great outcome. at the end of the day, their wealth is based on their ownership of actually existing entities. if they do not control those entities, they are not worth shit.
there are ways around all this. i bet biden will give them a hint how to.
>they'll just move. good. the sooner the better and we can move on and start to heal and rebuild without them. don't pretend they are contributing anything by staying other than being leeches and lobbying our government so "they will just move" is not a threat at this point.
we first pass a law that forces them not to be able to move. and they have to live in a cage.
thank god this comment has more upvotes than donuts. canary that this sub has not yet been overrun by the prevailing reddit "thought leaders"
you sort of have a point, except that one thing smaug does not need is you to point out how unfair it is that we want him to share some gold that he hoard so the rest of us can actual use it other than inflating ego or funding afternoon space trips.
a tax on the rich isnt a pokemon card going up in value. it is taking away money that is being hoarded away and putting it to good use. so maybe you should read that econ book first
yeah, ok but this is a bad idea designed to fail...
they will when their head is in a guillotine along with wife and kids.
i saw a good comment on this the other day: they said finding new ways to tax the rich will always make the problem worse. old money will always find ways to rig the system to work in their favor. the only people that will be affected by heavy taxes are the ones coming up in the world. so, the overall effect will end up being reducing upward mobility, and making the rich, richer. it makes sense when you think about it. i mean, why is it always the filthy rich that are in favor of more taxes? do they really just want to be parted with their own money out of the goodness of their heart? i find that unlikely.
in our system, sure. in almost any other system, no. wealth inequality amongst hunter and gatherers is not a thing, for instance. their king lives like the rest of the tribe. one you establish powerful enough centralized power structures, shit goes sideways.
when a society needs to motivate its citizenry (to produce gdp), it can either use a carrot or a stick. inequality is the byproduct of heavy reliance upon the carrot. imagine you wanted to get a bunch of people to move from room a to room b. upon being told to move to room b they ask, "why?" if your response is, "if you move to room b you will be given fifty dollars," many of them will likely move, depending on how difficult or cumbersome the task is. this is the carrot. some of those people will decide not to move, and then they will be fifty dollars poorer than the rest. this is the rudimentary form of inequality. on the other hand, suppose you did not want to generate inequality, and therefore just answered their question as to why they should move with, "no reason." it is unlikely many, if any, people would move. consequently, if you do not intend to offer rewards, you must offer punishments if you want to motivate action. you could say, "if you do not move you will be killed," for instance. then, it is likely most people would move, and those that did not would be removed from the equation, and consequently no increase in inequality would occur. such an extreme motivation is not necessary, of course, the stick could be something mild such as negative peer pressure and social ostracizing. this is the fundamental reason moves toward equality within a society are always coupled with a stick, and why societies that attempted extreme forms of equality simultaneously always ended up with extreme forms of authoritarianism. and even the most utopian visions of an equal society are premised upon there being a benevolent authority, centralized or decentralized, that strips people of individual expression. it is simply because if you cannot offer people a carrot as reward for action---and you cannot because rewards for some and not for others would result in greater inequality---then you must threaten them, either with violence or social repercussions, as motivation instead. this is the fundamental problem with the issue of wealth inequality: in order to attain the noble goal of greater equality, a society must depend more heavily on the stick which necessitates more authoritarianism. conversely, if a society wishes to avoid authoritarianism and rely on the carrot in order to preserve individual rights and liberties, then it is inevitable that some people will accumulate advantage and others thisadvantage. you cannot have individuals and an equal society.
telling someone that their salary would make them a very wealthy person in a third world country is about the most useless thing one can say about wealth inequality.
thats a feature, not a bug. prices of almost everything in us is high, so the wages of poor are also quite high if you compare it to wages. however that doesnt mean they are rich. they are still poor for someone living on the streets of san francisco, it hardly matters if he is counted among the richest person in the world. all he cares is finding food and shelter. not "oh im rich in sudan currency, so my next meal will appear by itself"
on top of not being true, your comment just does not relate to the topic at hand. wealth inequality within a country and between countries are two separate things. it's the same as when your parents told you about the starving kids in africa when you wouldn't finish your dinner. wealth inequality within the country has continued to increase dramatically for decades, the worst it is ever been since we started keeping track. [source](
so you either let the billionaires grow their wealth at record rates while they cut employee benefits and pay anyway possible or you try and do something and they move out of the country?
billionaires are still arguably doing more good for the world then bad even if their tax rate is as low as people suggest it is, by creating these companies that employ loads of people. people nowadays that are at the poverty line most of the time can still afford to eat. they are just usually living paycheck to paycheck and unable to invest, save for retirement, or go on lavish vacations. but comparing to something like the early 1800's or 1700s, people living paycheck to paycheck now are often still living better lives then the absolute kings of those years. that being said, since most billionaires wealth is tied up in stock options, i realistically do not know how you can start taxing them without completely destroying the markets because you simply cannot tax unrealized gains. the best attempt in my opinion would be to remove the cost basis step-up upon death that is the backbone of how billionaires use unrealized gains to take loans all of their lives which are then paid off by their heirs with 0% going to taxes. if you retained the cost basis even upon death, then not only will the billionaires (eventually) pay taxes on stock gains, but generational wealth will be slightly lowered which would help inequality going forward.
i wonder when will we reach eoy 2021
if you can sell your stocks and the same day go buy more cars, hamburgers, and jewelry, etc. than you could the day before, then you are factually richer. nothing remotely imaginary about it. > so if i lose money do i get a refund on the assets that i did not sell? it seems rather obvious that it would follow the same pattern as normal taxes, as in you can count losses against gains, but losses below 0 do not credit you.
>if i lose money do i get a refund on the assets that i did not sell? if you're worth more than a billion i do not give a shit
> unrealized gains are imaginary gains really so if your retirement portfolio increases by a million you're only an imaginary millionaire? what a crock of shit > so if i lose money do i get a refund on the assets that i did not sell? are you hiding your wealth in losses on assets you did not sell? this is to solve a problem with massively wealthy people hiding their income from tax liability. you're being thishonest by treating this like all investments are being taxed
are you a billionaire
calls for celebration then, cheers
he's not correct. read the article: >in reality the tax is set to apply to those worth , with a 20% tax on all their income including unrealized gains, if passed the new tax proposals would generate about .
the article also says it only applies to 700 households, which would be only billionaires. hm. i have an email from the washington post that says "households worth more than ," but [the article itself]( says "households worth more than ." imprecise wording creates ambiguous interpretations. who'da thunk
democracy is as good as other govt systems. the billionaires pick the candidates, you pick the least 'evil' of the bunch.
but in many ways the billionaires are also beholden to the politicians and when they forget to pay them enough they wave their stick around a little. it almost always ends up with the billionaires picking the cheaper option, paying the politicians more.
frankly, i like roads, schools, snow removal etc etc. a world without taxes is a hellscape.
which means if we gave them seats.
the only thing to do is jump over the moon
“we will cancel student debt”, they lied big time there
an unrealized gains tax is pure insanity. im not even sure it even passes the 14th amendment.
progressive taxation isn’t preferable
i hate weed but i absolutely think we need to legalize it to prop up the economy with additional tax revenue
the peasants in france just before the french revolution were starving. the peasants in the us today have an obesity problem. revolution is not happening anytime soon.
>you're not one of those fools who thinks billionaires are worth 100000x more than the average poor person because they work 100000x harder, are you? to be fair, no one thinks this is true. they are worth that much because they own companies that the world values highly.
do you get a refund on unrealized losses too? doubtful. so basically you are being overtaxed on something you do not even have/
if that is the issue, then a more straightforward solution is to tax those asset-backed loans.
you do not get a refund on unrealized losses. that's why its stupid.
it doesn’t matter what i think man. the market does think that though. you’re arguing with a brick wall of millions of people.
agree with you there, what people do not realize is that from not paying taxes that wealth is actually trickling down to the lower classes.
currently we use celsius (did not want to shill but you asked) for these types of loans as they have a 1% interest rate if you do a 25% ltv loan. just to make the math easy, let us say we need 25k for whateverthefuck we're doing at the time. we obviously do not want to sell any btc to get the capital as we would pay cap gains. we also believe selling btc in 2022 (even if you're way down) is a bad move since it is going to be the most valuable asset the world has ever known in 20 years. so we take 100k worth of btc (value at time of loan origination) to turn around and borrow 25k at 1% interest. these secured loans are typically interest only until the loan maturity date some 5 years away. this means that we're paying ~20 bucks a month in loan interest for 5 years and will pay off the principal with assets that had 5 years to appreciate when the time comes. since we're currently sitting at about 147% cagr for btc over the past 10 years, even if this is cut in half over the next 10, the math is still in our favor. for the interest, we take the total cost of the loan and convert to usdc. we then hold this in a yield bearing account, then set the loan payments to automatically deduct from the usdc bag monthly. **please keep in mind that we 100% believe in this space and as such, take risks accordingly that most could not stomach.**
people do this on ethereum, but also avalanche, polygon, fantom etc. most popular platform on all these is aave. it lets you deposit your crypto and then take loans with your crypto as collateral.
i only pay tax on the yield from the usdc since this originates from already taxed fiat...or a portion of the initial loan principal if that is what we need to do.
ok, but suppose for some unrelated reason there was a horrific stock market crash -- like if the internet literally exploded and amazon and netflix instantly plummeted by 95%. wouldn't we have a massive issue on our hands as banks called in more collateral that does not exist, the loans came do and the millionaires and billionaires had no money to pay them, and then the banks found themselves suddenly without a ton of money and collateral?
oh i know. it was brought to my attention by some talk of taxing unrealized capital gains across the board, which is a stupid idea. that would only create a further barrier to the financial markets for your average person. what needs to be done is target this practice of tax avoidance when using assets as collateral.
you're kinda right, but what you're saying is not the point. yes, if stock is granted, you pay taxes **based on the value of the stock at that moment**. many of these ultra rich have stock granted at founders value (i.e. nothing). so they have paid peanuts worth of tax on it. but now it is worth say billions. they pay no extra taxes until they actually sell the stock (taxable capital gains = sale proceeds - cost basis). to access that value, they can take out loans against those stocks without selling them. most get them at ridiculously low rates. they can use that money to reinvest. as long as they beat those rates, it is a never ending treadmill of money. but that kind of scheme is only available to the ultra rich. it's impractical for your average person to pull that off.
they said household income.
the us middle class was destroyed 40 years ago
>it’s an entirely different beast to federally tax the unrealized gains for retirees who have lived in a house for 20+ years and are living on a fixed income. don't worry. the boomers who create and vote this law would also exempt their fellow boomers.
>yeah in ireland it happens every 8 years instead of every year. that is a monumentally large difference
okay! question: would the loophole be that billionaires will stop using unrealized gains as collateral for loans? or do they do they use unrealized gains?
>or use them as collateral for loans. genuine question: this is not something we currently do, correct? that's why billionaires can just take loans against their stock at stupidly low interest rates and avoid taxes right?
the people who understand these issues are themselves usually beholden to the system (working in finance) and themselves make at least upper-middle-class money. not sure if i agree with the slippery slope argument here! one way or another we should effectively tax the rich!
not trying to deflect! just keep seeing yours and similar comments saying the proposed tax would be dangerous. trying to think of a better alternative angle so that we can effectively tax the wealth of american oligarchs! would the loophole in your proposal be: most of the billionaire’s gains are still “unrealized,” so even in the higher capital gains tax brackets, the irs will not be collecting very much because the wealthy are keeping their wealth protected using an array of complex financial instruments and using other tax avoidance techniques like offshore accounts?
i'd tax the loans they take using their assets as collateral. which is how they *deliberately* avoid getting taxed, yet still are able to use their fortunes to live like gods. i do not claim to have we ork d out the diner deatils but making those taxable income would certainly go a ways towards making them pay their share that they now actively dodge.
i’m totally confused 😅 maybe the proposed tax plan does not make sense for practical reasons, but taxing billionaires sounds like a good thing in general. if we are all amateur (or professional) economists here, all i am asking is if we have better proposals for taxing the rich. if billionaires are thisproportionately benefiting from the current economic system, then what should we change if “taxing unrealized gains” would end the world or whatever?
you have any prominent economist opinions that believe that? from what i've read, many believe it would not make much impact at all, but i'm open to learn other viewpoints. care to share?
oh i was thinking they’re crypto billionaires who have most of the money from defi or something.
you don’t owe taxes into the future. not illegal to renounce citizenship and move your wealth over seas.
i give up, there’s no point in even explaining all the loopholes. put it another way, why do you think they’ve been getting away with it for so long? it’s because they have options… why did obama want to crack down on tax havens… blah blah blah… i cba trying to make you understand p.s go look at the tax cap… it’s on personal as well.
i learned the journalist responsible for the panama papers died when her car was bombed. what more should we know?
the fact that nothing was done when the panama papers were released, other than the murder of the journalist who did the work, and the lack of any action on and other papers, but when russia invades ukraine suddenly the world can act on russian oligarchs, should tell you what we learned.
haha we learned that if you fuck with the man, you better be ready to be made an example with
this incarnation will not pass. and, anyone with unrealized gains should be thankful. i do believe high wealth could chip in more... proportionally. everyone should be obligated to pay... some percentage, if want to continue down the road of mutual taxation benefits. however, opening pandora's box of taxing unrealized gains would trickle down to all of us, sooner or later.
but the compounding is not taxed which is a clear advantage over everyone that has to work to acquire wealth.
not a difficult task when you're wealthy.
yes, f1 drivers have been on it forever, monaco is lovely year round
dubai is full of those rich multimillionaires . in fact we have a ton of crypto youtube influencers like mmcrypto, carl the moon, davinci etc. who are residing in dubai and taking advantage of the favorable tax laws.
yes but better than paying tax every year?
its not only about the current people. the future people would invest and get rich elsewhere. the effects are catastrophic and spread over a very long time.
5,000 bucks or so. not sure if those billionaires can afford it.
is moving out of the us really the same as giving up citizenship?
yes, the expatriation tax.
ever hear of the expatriation tax? there's no escaping the long dildo of government.
all the laws in the world are useless without enforcement.
most of them make their money by being in america. like i can understand maybe facebook or netflix moving to a third world country but amazon, tesla, apple, microsoft need to be here.
yep, this times a million. idiots will claim otherwise though.
google 'capital flight france wealth tax'. just because you're ignorant of something happening does not mean it never has.
the intention of the tax is to try to afford some of the cool shit other 1st world countries enjoy without raising the taxes on 100s of millions of people to do it. only issue, it will not be enough to do anything cool and it will not be enough to lower anyone else's tax situation. all government should be first and foremost trying to get people to work, try to establish a fair wage that still keeps us competitive with the world, and try to set up road blocks for goods coming into the country that could be made here.
think again. after the first 20% he is no longer a billionaire, so the "billionaire tax" wouldn't apply to him anymore.
it's not a 20% tax on total net worth every year, that would be incredibly impractical. it looks like the main new thing is setting a minimum floor on the actual percentage of income paid, and including unrealized gains in that income calculation.
lmao, truly spoken like someone who has no clue how securities work. "hoarding", you really think someone like musk has 260 billion on his bank account?
taking away...if i steal your pokémon card you going to punch me or let me have it because i'm poor?
everyone: tries really hard to get rich. also everyone: "we should kill rich people".
not what i'm saying though. if you got a roof and daily meals you've already got it better than much of humanity. i'm thisgusted by how easily people ignore that fact to focus their own greed.
i think you're missing the point. if you're poor with a roof and a meal, you're not rich in sudan currency. you're simply rich and better off than much humanity. but people are so focussed on their greed that all they are thinking about is how they can do better instead of how the majority of humanity cannot even get to what they have.
they mostly worry about finding more drugs, another example of how much better americans have it. no one is starving in america.
the wealth of these guys is in stocks, assets and investments not in cold hard cash, when you cash out stocks you pay about 50% of your profits to the government, but biden's tax is a tax on the assets themselves, which means in order to pay they have to sell their stocks ,that is not a smart way to tax billionaires at all, it just hurts the investments they have made in america and will cause a price raise, also do you really believe biden will use those taxes to help the poor?lol
i agree with much of what you said about the difficulty in taxing the billionaires directly, particularly going after unrealized gains. even if we cannot easily go after their absurd accumulation of individual wealth, we can certainly go after the runaway corporate gains that propel their stock prices and overinflate their portfolios. billionaires most certainly do **not** make the world a better place. not even close. amazon employs tons of people, but how many of them are making more than poverty wages? why do they hire union busters, capture intellectual property by reverse engineering amazon basics products before booting them from their marketplace, or keep their employees working at warehouses during tornadoes? how many local small businesses have been crushed by the economies of scale of wal-mart et al? why are tons of their employees on medicaid and food stamps while they are issuing stock buybacks? at best, these people are oblivious to the reality of what it means to be working or middle class. at worst, they are sociopaths on par with fictional villains like lex luthor. not every billionaire is a caricature in this mold, but working people feeling gratitude for [someone sailing around on a yacht that burns their annual salary in 24 hours of cruising]( is pure stockholm syndrome.
>really so if your retirement portfolio increases by a million you're only an imaginary millionaire? what a crock of shit if i agree to give you a million dollars but have yet to do it, are you a real millionaire? should you be liable for taxes on that million which you do not actually hold? you're getting lost in the sauce.
average redditor’s grasp of finance. you can’t spend the appreciation until it’s realized. you can’t spend the stock. you have to sell it first.
democracy is good when the people are well informed and have power over the elites. that power dynamic was dealt a critical blow with citizen’s united, but it’s not over yet. grassroot campaigns for candidates like bernie sanders, especially on the local level, are what keep democracy functional.
thank you for trying to talk some sense into these children.
member during the vice-p debates when kamala said at the very very end of her debate "we're going to legalize weed!". i do.
as someone in their late 20s with over ,000 in student loans between myself and my wife, i was incredibly hopeful when i first heard biden's proposal to cancel student debt. i've since learned if something sounds too good to be true, then it likely would not happen. that's why i, like so many others my age have turned to crypto. we're all after some quick profits so we can make our student loans become a thing of the past and move onto important things like buying a house and starting a family.
what have not they lied about? -- oh, wait, they did say they would wipe out fossil fuels -- they did not lie about that
since when has the constitution stood in their way?
whatever you say, temporarily embarrassed millionaire.
i’m all for legalization, but anyone that thinks taxing it will generate enough revenue to make a noticeable blip in the budget is fucking high.
as opposed to the poor people here who die from a lack of healthcare and can’t afford rent or a home
exactly, built on the backs of people who produce far more value for the company
here’s a thought: jeff bezos makes almost . do you think he created that wealth? fuck no. his employees did. and they’re getting scraps off the table in comparison. it’s worker exploitation. he has several mega yachts and a fucking space company. and amazon employees can’t make rent.
no, you dont get a refund for losses. the old system before it changed was basically that they assumed something like 4% gains. and you paid 30% on that. so you effectively pay 1.2% on all cash, stocks and crypto. no tax on selling real estate. so most people quite love this system. you dont really have to do much in the way of tax strategies. no tax loss harvesting and other bs. just pay your share and do what you want.
right, because the billionaires are *losing* so much money…
i'm responding to a comment decrying the fact that if musk had to sell a portion of his stock it would destroy the valuation by pointing out that sounds like an indicator of irrationality.
i’m talking about the fact that properly taxing billionaires has the capacity to completely crash all markets. they’re holding everyone hostage and they know it.
obviously you're aware of the risks, but for anyone else reading, this is not some sort of infinite money glitch. if bitcoin plummets, this guy will be on the hook for that 25k loan and have no btc to show for it.
but when you pay back that loan, you are paying it back with taxed income, yes?
exciting day for you. today you learn that the entire economic system is built for and by rich people to keep them rich.
that's only a piece of what this thread is thiscussing. check the post we're replying to which says they are "paid with company stock". so the point of this thread that i was correcting was actually on compensation, not on already owned stock. so we can split this conversation here into two thiscussions. one on pay, and one on unrealized capital gains. yes everyone understands that unrealized gains are not taxed today, but the post above wrongly says they are being taxed 0% on their ceo pay. they mention base pay because they do not realize that there is no tax difference between base pay and being paid in stock. this is what i'm addressing above. now back on unrealized gains, yes there is a huge problem with not being able to tax them, and the loan loophole. that's the point of this new tax, but this has nothing to do with ceos being paid in stock which is taxed.
yeah, but in denmark you do not end up in debt for getting cancer and tuition is free. you're gonna need that extra money since your wellfare sucks ass and your goverment is failing you at every step of the way. but no matter, at least you get a few more dollars that can pay for all of your unhinged tuition prices and insurance costs because even giving birth costs like 10 000 dollars. you are already paying the price. whatever extra you have is either not going to be that much after necessities unless you're one of those super rich assholes that is already fucking other people over just so they can have more. imagine your priorities being how much you can make money. truly a capitalist hellhole. edit: i forgot what sub i was in. of course only money matters for your empty existence so your trump card for why denmark actually has a working system to tax unrealised gains you went straight to "but omg, danes make less money :(" without even stopping to think about why this might be. because you could not prove their argument wrong, you went to a whole another thing that did not prove your point either.
might as well finish it off for good, right?
works basically the same way as in crypto. is actually funny considering this is the cryptocurrency subreddit and everyone loves defi. if this passes, it is only a matter of time until all defi loans are taxed in the same way tldr, yes, if you do not sell the stock to pay back the loan then you do not have to pay taxes.
gains are unrealized until sold, yeah, which makes net worth or wealth a meaningless statistic. if bezos wanted to cash out all his assets, he could not do it. it would cause a global economic collapse. however, talking about wealth is a great way for others to make money, and it makes a fantastic boogeyman.
okay. might have come out of the wrong perspective. apologies. i assumed (wrongfully) it was somehow sarcastic what you said.
my understanding is that it is hard to do that because if you increase their taxes, it all comes down on the lower and middle classes anyways. they'll just cut their costs in order to maintain their wealth by firing employees, buying less products themselves, in order to save face with shareholders and the board. if you tax their assets, you also manage to tax everyone else's assets too. i do not really know of a solution to this, i just know that taxing the guy that owns the company i work for might get me fired.
the economists you're listening to are just government shills, guys like paul krugman. paul krugman was saying there would be no inflation, not because he really believed that but because he was shilling for the stimulus bills. just do a simple thought experiment. if the government passes a law that says anyone who own's one bitcoin or more must pay 10% of that bitcoin value per year in taxes, what do you think that would do to the price of bitcoin?
it would include such a person, but the proposal is just everyone over , not crypto specific (which is why it is weird to be in this subreddit in the first place)
> not illegal to renounce citizenship and move your wealth over seas. yes actually exactly that is illegal. you cannot renounce citizenship in the us without paying an exit tax that immediately calls in all unrealized capital gains. that one's already a thing, not proposed. (for rich people, at least, who we are talking about):
another country can have a tax cap of , you will still owe the full tax, since the us just charges you their tax minus the other country's tax, the lower the tax cap there, the higher the us will levy. > i give up, there’s no point in even explaining all the loopholes you have not gone into them yet...
[daphne galizia]( was 1 of the many journalists from 107 media organizations in 80 countries that covered. she was a well-known blogger from malta where she exposed corrupt politicians and their cronies in the country.
it just sucks to see those who try to help end up getting hurt. the good journalists suffer.
hillary clinton lit the fuse.
right from the start they set up the premise that they will be moving down toward the masses. the “billionaire” tax for those with 100m then it will be for those with 50m and so on.
this is what the masses do not get, when you vote for these laws, they do not affect millionaires, they affect our children after inflation makes us all "millionaires". the original tax enacted in 1916 was only 1% on the general populace, and 7% on the ultra-rich. look at where we are now.
not difficult but most us billionaires have ties to the us and would want to stay
americans have to pay taxes even if they live overseas lol can’t get away from the long dick of the law
sure, but i think your extremely wealthy wasp families in the us willl be opposed to moving to dubai for some reason.
dubai is a shithole that uses modern day slavery.
neat. they also have to live in dubai. much more likely that billionaires will still want to be a pat of the western world. not isolated in dubai. press x to doubt billionaires fleeing and renouncing citizenship due to tax increases.
eh, just add a tax for moving funds outside of the country that scales very quickly in a progressive manner. under 100k? fine. over 10 mil? well, you can keep some of it? over 100 mil? well, you can keep a bit more. over 1 bil? eh, you can keep what you were allowed to keep under the over 100 mil margin.
isn't the whole point of crypto the ability to move your money out of any particular country in an essentially non-traceable way? what works for poor people also works for rich people.
you can always change your citizenship to whatever third world country you want, in no time. then pay the third world taxes and say "fuck irs eat my dick", and be fine.
in all likelihood, a significant portion of the us billionaires assets are in the us. the government can seize the assets should the taxpayer fail to pay the taxes. nowadays with fatca, the us government could go as far as freezing the taxpayer’s foreign bank accounts.
i mean of course but there is so much red tape and a lack of transparency in the government that the money will thisappear before anyone even know where it went lol.
the article said it applied to .
heck, even if it was (which it wouldn't be, because investments net them like 10% per year), getting down to 100 million in 9 years is not exactly poverty level.
?...but then you have to pay off even more officials to cover up the homicide... if i was rich i think i would just use my soft power to manipulate others and not resort to killing unless it was in self defense!
lmfaolmnop you reli think eli moosk pays his fair share of taxes what a bellend
so only poor people should pay taxes, got it. it's so strange to see you putting your effort into stopping billionaires from paying taxes rather than attempting to lower the tax and cost of living burden on the rest of us.
well if youre poor then a percentage of your pokemon cards are already being taken. dont you think the mega-trainers hoarding ultraballs should share some of theirs as well?
there's "rich" and then there is *rich.* and then there is ***rich that you cannot even comprehend.*** no one wants to fuck over "rich" and *rich.* i do not give a fuck about millionaires. yeah that is a shit ton of money to me, but compared to billionaires? nothing. paupers. and then you get people who are approaching a trillion dollars amount of assets...like...that amount of money does not even compute. no one gives a fuck about your fucking beach vacation home you worked 40 years to get, good job, you kicked ass, enjoy it. it's people who could step on you, end your entire lineage and never even notice that are the ones that need to be knocked down a couple hundred pegs.
i mean most people are trying to get rich so because that is one of the only ways to not have to deal with the problems that should not exist in the first place, not because they want to be leeches on society and exploit poor people. billionaires right now arguably provide us nothing and are actively ruining the country. if there was any sense of equality and people felt billionaires were paying their fair share and not bribing our politicians then people might not want to behead them ¯\_(ツ)_/¯
there's also a huge difference between normal citizens attempting to get rich, living really comfortably and maybe retiring early, versus billionaires with tens if not hundreds of billions of dollars in net worth.
if you were suffering from depression and i told you “yeah, but at least you haven’t been sex trafficked and raped, so you should be grateful”, would that be a useful response? because that’s essentially what you’re doing. “sure you can’t afford rent, but you know, there’s starving children in africa” ok, sure, but that doesn’t do dick for *me*, a human living in a first world country, on the other side of the world. it’s much more useful (and relevant) to compare my situation to my grandparents situation, where they grew up on a world where all you had to do was have a diploma, a pulse, and a firm handshake to get a job that would support your entire family off of. that’s not a thing anymore. you realize how that’s the same thing, right?
i do not have the bill proposal text in front of me, but common sense would dictate this would be on things like regulated securities that have markets for them well in excess of your own stake, not some random iou from one specific individual person.
it's not "imaginary" though. your asset is worth a million dollars, easily liquidated for full value in most cases, and you already have it. you just have not exchanged it for cash, and in the case of the super wealthy, **are purposefully doing this to avoid having it taxed as income**, not to mention the financial fuckery the ultra wealthy use to actually leverage the buying power of that wealth without ever converting it to cash. so then the richest people get paid entirely in equity and never cash it out to be amongst the highest paid and least taxed. nothing about that situation should be legal. the best part of biden's plan is how simple it is. i do not care what fucking loopholes you use, once you are super wealthy, you must pay at least this much on your income regardless of what you're hiding it behind. cry me a fucking river, you're super wealthy and will be after the tax. least you can do is pay back into the system that let you get this wealthy in the first place, likely by exploiting your workforce. that said, this is super unlikely to pass imo. i cannot see mancin or sinema ever letting this through.
you are if you can leverage those stocks to get secured loans at very low interest rates. i'd argue that the moment those securities are used as collateral, they are, perhaps only in part, "realized".
i think my mistake is that i come off arguing the concept of unrealized income when my intent was to rebut the significance of that at all to the thiscussion... you can absolutely leverage your unrealized gains as cash via using it as collateral for loans, there is an obvious valuation to those assets, etc, so i do not think it is significant other than to whine "but what about my risk???". if we plugged that loophole, great, but they will probably find another vehicle or layer of abstraction, i prefer the bottom line approach biden proposes.
it’s been said here already, but making a choice to not take an income as wealth building when our main tax structure is based on income. also taking loans on hoarded wealth to avoid cap gains or any other taxable event. we do t have that access, to put it mildly. not even close to a healthy democracy.
i'm with you except for the quick profits part. as a younger person in the us, i know that the company i work for gives 0 shits if my wage keeps up with inflation or cost of living. it's profit , pr ... people . i'm in crypto as a long term retirement plan. i would not ever be the ceo, or be paid enough to buy a house in the next 10 years, so my only hope is to hold crypto long term. yes, it is risky and volatile compared to conventional index fund investments, but i'd sooner lose it all and say i tried than spend the next 30 years as a number in the corporate system...
cancelling student debt was the dumbest thing ever. i’m shocked anybody believed it tbh
this will help local economies more. imagine if we have another recession right now. the state unemployment funds will go dry. they almost did during covid. i mean this is all assuming the money is not misused.
in pre-revolution france, _most_ of the peasants were starving. in today's usa, most of the peasants are scraping by, albeit barely. if they took their foot off the pedal long enough to demonstrate, they are no longer scraping by. they're fired, and soon homeless. this is the single biggest reason revolution is not a threat. the poor people do not have _time_ to revolt. that's not an accident, btw. system is working as intended.
congratulations you just thiscovered how hiring employees works. or did you expect a company to pay them *more* than they generate in value?
how much do you want amazon employees to be paid then? how should it be determined? why should an individual employee be entitled to more than they agreed to work for? is it exploitation only if the company is successful? amazon employs people essentially the same as other businesses. what makes it exploitation?
umm, no, he does not make 9 million. that would be , nearly half his net worth. jeff bezos is rich because he created and grew a company that is incredibly valuable to other people. to grow that company, they paid people for their time and labor. turns out if you orchestrate the growth of something like amazon, the market rewards you with the ability to purchase mega-yachts.
> do you think he created that wealth? fuck no. anyone above room temp iq says yes. it's not even debatable, its true by definition. sorry you failed the test.
which worker created amazon?
that's not the point. and when they do these unrealized gain taxes on the average joe? then what. going to still say how great of a tax idea this is? if they are not giving you money back on unrealized losses, then they should not be getting money on unrealized gains.
it's irrational that if the largest stockholder was legally forced to sell a large proportion of his stock, the price would fall? bruh the market will find it impossible to do price thiscovery if large stockholders are periodically obliged to exit because their trade was too good.
taxing billionaires wont fix shit. if you stole 20% of the entire net worth of all us billionaires you would end up with 1 trillion dollars. thats like the value of the last 1 and a half rounds of covid checks we received. that didn’t fix shit and just caused inflation worsening purchasing power of citizens. this whole tax the billionaires thing is such a fucking bullshit virtue signal thing that’s all.
very true and an important point i left out (for brevity). when the price of btc plummets, the lender sends a "margin call" letting us know that our ltv is too low and we need to "top up" the asset, otherwise if it dips much further they will liquidate to cover the margin. and by liquidate i mean they sell your shit and leave you holding a bag! this is why if you're doing this sort of thing, tying up all of your assets in loans is how you go broke. you need to ensure you have assets ready to top up in the event the market takes a shit. again, this is all high risk stuff and what works for me may not be possible for everyone.
correct. the loans are paid off at maturity from taxable income.
taxing billionaires…the surefire way to destroy the middle class
the uber wealthy said the 40 hour work week would collapse the us economy. they said unions would collapse the us economy. i very much doubt this will as well.
“not an exaggeration or hyperbole” ok.
hmm that’s an interesting take. but using the “unrealized gains” excuse is just that… another excuse the wealthy use because the tax system is ineffective at collection and seems to reward and protect capital gains and penalize labor.
can we prove that there would be negative effects to workers and the middle class, or is this fear more of a hypothetical bogeyman to prevent us from taxing the rich? and if taxing the rich really will have these negative consequences, and the fear is that they can just relocate to avoid taxation, couldn’t we come after them as traitors? like if we tried to tax elon musk and he renounced american citizenship and tried to relocate to south africa or cyprus or something, couldn’t we seize his assets like we did with russian oligarchs recently?
would paying capital tax on all be cheaper in the long run then pay 20% yearly?
i hope other journalists who expose corruption flourish and do not face the same fate as daphne galizia.
and in the aftermath the shitty journalists thrive.
> americans have to pay taxes even if they live overseas lol not if you renounce your citizenship. *taps head.*
really? wat about double taxation treaty?
f1 drivers are all citizens of monaco that do it, i can’t see what american billionaires will do, but empirically it’s provable that when taxes are too high people simply don’t pay them. we saw this in the early 1900s with some tax rates falling over 50% leading to an overall increase in tax revenue
they "reside in dubai" for tax purposes but they can live anywhere in the world at any time they wish.
all you need to do is get uae citizenship and then come back to the usa on a tourist visa. spend a day or two outside usa every 3 months then come back on another tourist visa
like everything else it will come down to the individuals some im sure will but most i kind of doubt.
someone has not been to dubai, and you do not need to stay in your country of citizenship forever you know
except crypto is the most traceable asset there is. unless you buy otc with cash. for us plebs, the exchanges totally rat us out though.
its to be able to send large amounts of capital instantly without waiting 2 weeks for the centralized banks to authorize it. its extremely traceable, to the point its one of the worst assets to try to be shady with.
not how that works. us citizen in another country? doesn't matter if you paid taxes to the other country, if it is less than what you'd owe in the us you have to pay the irs the difference (us is the only country that does this). renounce your citizenship? triggers a massive tax on your existing net worth.
how does the us government seize crypto in a private wallet?
i checked it, and you're actually right. sorry about that!
listen here you illiterate idiot. i never said that. but do you even know what income is? what a capital gain is? what equity is? when you buy a stock or crypto you do not pay taxes when it goes up, you only pay taxes when you sell. it's the same thing for someone like musk, his fortune is his tesla stock. if he sells it he has to pay the same taxes you do, but illiterate fools like think the rich have a secret pool with hundreds of billions of dollars just doing nothing.
bud, the bottom 40% pretty much don’t pay any taxes other than sales and federal payroll programs.
why? those are their ultraballs they are in all their right to hoard them. why do you feel entitled to other people's money?
70% of generational wealth is gone by the second generation, 90% by the third. some "hoarding".
then stop using "inequality" as a buzz word. you're clearly concerned about poverty, not inequality. otherwise, you need to start telling all the people in the western world who cannot pay rent, that they need to be giving more of their money to the global poor, who make a 50th or 100th what they make in a day.
>an unrealized gain is a **theoretical profit** that exists on paper, resulting from an investment that has not yet been sold for cash.
right. the current system is geared around taxing workers not the rentier class and the oligarchs. so it needs to be updated. they still have a choice. how many of us have had the luxury of that in the last two years? what i will say though is that having access to conservatively deployed low interest margin for stocks and defi for "the little guy" in the last two years has been a game changer, and they would not fuck with that. but hardly anyone worth less than a million knows about that. it also seems crazy that we can even deduct the interest when people struggling with predatory loans and credit card debt probably cannot.
i wasn’t implying the revolution was happening, i was simply pointing out how bad things have really gotten. i agree. it’s a complete shame that it’s gotten this bad, and poor people are going to continue to get fucked over by the system.
nah bruv how about the same or just slightly less, not the drastic difference between productivity and wage we have now
nope, just pointing out that rich people are rich because they take the excess value that the poors (employees) create. sounds like you understand how it works too!
> what makes it exploitation? the fact that amazon. the reality is when companies do not pay their workers a living wage, the taxpayers supplement that persons income so they do not die. you may respond to this, "well nobody is forcing them to work for amazon" - not at gunpoint maybe but the reality is if you do not work, you end up starving and homeless so there is no true alternative. i'd rather companies pay their workers a living wage instead of taxpayers having to provide welfare to keep walmart's workers alive but that is just me
how so? he’s not even ceo anymore. how is he actively creating all that wealth?
the guy that’s hoarding all the wealth all the other workers are creating.
… the point is that billionaires dont lose money and dont pay taxes. keep making excuses for the rich that eat up the other 99.99%; our situation will just get worse and we’ll still be run by private interests rather than the people.
you think exactly the way the billionaire want you to think. it’s still a significant amount of money.
keep in mind you don’t earn the 5% interest on that btc that’s collateral. if you take a loan at 1%, the effective interest rate is closer to 6%.
i learned this the hard way with american airlines when the stock market dropped hard early march. i 100% believed in aal, bought on margin .13, have covered call being cost basis down to . got margin called when the stock unbelievably dropped to .50. lost a fortune, only to watch the stock rebound to my original entry point less than a week later. still salty as fuck about it. the problem isn’t a price decline. the problem is the price dropping hard in a short period of time and you being unable to come up with the funds to cover the margin call.
yeah, just avoid the fact that you were wrong
you only would be paying it on new gains as per the article. 20% is already the normal capital gains bracket for people that wealthy, so it is the same thing, it is just saying basically "treat it as if you sold and then rebought all your stocks on new year's eve every year" if you actually want to move to another country anyway, it wouldn't be particularly punishing to do so. it's just set up to make it hard to flee for profit, not to emigrate normally.
project veritas has the fbi illegally spying on them and doing raids on their houses when they did nothing wrong.
hahahahahahahaha oh you innocent, sweet soul.
making you not american 😉
theyll renounce their citizenship and live on a yacht thats what id do lol.
aw yes, that reminds me of the mass exodus of wealth and the subsequent downfall of the us economy back in the fifties. oh wait, turns out they just paid up to a 90% marginal tax rate until they bought enough politicians to fix the glitch.
if they are citizens then they will still have to pay taxes. unless they are planning on staying in dubai and going the tax avoidance route.
monero is not traceable
but if you go to a counrty that wont extridite good luck getting it.
good question. not sure, but i know they could blacklist a wallet and all wallets that touch said wallet, making its funds not redeemable on any exchange.
u. besides, what is the likelihood said billionaire has no assets outside crypto?
thing is if you’re rich enough you don’t need to sell. you can take loans against your assets which is like tax-free income.
the fact that so many people barely earn any money is more of a reason to subsidize basic life services like childcare, education, and healthcare not advocate for billionaires not paying tax.
but peoples like me who earn six figures pay a high percentage in taxes compared to them. the peoples paying most of the taxes are proples with high wages and thr peoples with high wages are far from being the wealthier. i mean for the last 4 years ive earned much more from my investments. but the me investor pay less in taxes than the worker me.
then they should have no access to the pokemon center
one can talk about wealth inequality without the context of the entire world and.
cry me a river. i'm just sick of the hypocrisy.
except for the fact that these assets are borrowed against and loaned out as collateral all the time, effectively rendering the "unrealized" aspect of the asset to be more theoretical than the gains themselves.
1. thoeretical != imaginary 2. apparently jeff bezos (whichever jackass it is these days) is not the richest person on earth because his money is all imaginary! who'd have thought! you and i both know that is not how it works. purposefully avoiding taxable events does not mean you do not have money.
it's not just a worthless piece of paper until you sell.
not sure why you’re linking this chart in response to my comment. the chart doesn’t imply that workers pay is equal to the value they create. it just normalizes pay and productivity at a point in time and compares them past & future.
around what year did those start to diverge? what happened that year?
why would i bother hiring someone to create value for my company if i’m then just going to give all of that value away to them? there’s literally zero incentive to hire someone if that is the case, i come out the exact same either way but take on tons of additional personnel risk for no reason.
you did not answer my questions - how much should amazon pay these people and how should it be determined? also, a follow-up question. let's say amazon hypothetically doubled everyone's wages overnight to a point where they escaped poverty (although i assume many would still remain impoverished due to poor financial habits). would you be satisfied at that point, even though jeff bezos would still be making billions? should literally all the wealth created be going to the workers? and if that is the case, what incentive would jeff bezos have in the first place to create such a valuable company? i do not thisagree with you in general, but i do not agree amazon and jeff bezos should be vilified for wanting to pay less for inputs to their business, which is how our entire society functions. if people are not able to survive, we need systemic changes to address the fact that labor is being left behind. which means laws that recognize, address and solve the issue, not just a band-aid. amazon is just like 99% of business in the country...they just get the attention because of their success.
that is calculated based off of the appreciation of amazon stock over an exceptional one-year period in which the stock nearly doubled. that is not a sustainable way to calculate how much you make per hour. the years since this was calculated would give you a much lower calculation.
so incredibly fucking dumb.
he's not actively creating the wealth. he spend a large part of his life creating and organizing an entity that creates wealth without his active input, though.
i'm just going to hope your like 6 and you have a future, good luck kid.
they should create amazon too. then they can “hoard” the wealth.
its fucking math dude. 20% of 5 trillion is 1 trillion. 1 trillion divided by 360 million people is . you think that will fix anything? we just did that multiple times with covid checks and here you are defending these virtue signaling morons with more virtue signaling.
yeah i see we’re you’re coming from. hopefully the government doesn’t introduce new spending if this is past and we don’t see a net decrease in taxes because of capital flight (like france) and the middle class ends up paying for the new spending.
you mean like pushing conspiracy theories that have gotten people injured, publishing deceptively edited videos that have cost people their livelihoods, illegally acting as spies for one political party on another, misrepresenting themselves when doing interviews, and recording people without their knowledge? yeah. i guess besides all of that shitty stuff, they did nothing wrong. just an innocent ngo that really wants to be a spy agency.
project veritas is a propaganda organization that engages in criminal conspiracy and espionage, while hiding behind the first amendment and claims theyre a legitimate news organization. they're not. the fbi has a duty to investigate criminal organizations.
that is not the way, that is sad
this is apparently the way
agreed. i am not sure why people make wild claims when the data is easy as hell to find.
they can set up companies with fiscal residencies in those parathises. they do not earn money on person.
you don’t need to be extradited for the us to get your assets. ask putin.
wallet cannot be seized but commodities bought with it can be. no point in magic internet money, if you cannot buy anything with it. which is why crypto is terrible for tax evasion.
if crypto enthusiasts are in favor of preventing government from seizing money, why would we support government seizing money?
there's no "rich enough", you can do the same thing. i frequently borrow against my eth using aave. it's also not tax free income.
social security and medicaid is 22% for you?
if you subsidize those items by the state won’t you inflate their prices a la college tuition prices?
one can also be a callous, ignorant hypocrite by doing that.
so why not tax loan amount vs the collateral? that is the actual income.
> you and i both know that is not how it works. i am explaining how it works to you, the person who does not know how it works.
are you confused by the concept of collateral?
noone's saying to give them all the value. just that the trend has been towards less and less of that value going to workers.
failures do not care, they just want what you have and that is the end of it.
interesting thought, but amazon still makes billions of dollars annually off the backs of workers regardless.
i’m trying to understand your point, and you’re throwing insults like a toddler. i want to understand your point of view. how is bezos actively creating all that wealth when he’s essentially retired? and why does he deserve it when his employees are doing all the work? i’m genuinely curious.
no, they should own it together as a collective. then they can all share the billions they’re all creating.
well it certainly couldn’t hurt to make billionaires pay their fair share. you’re arguing against your personal interests. it’s mind boggling that capitalists without capital exist, you’re brainwashed.
but denmark proves that it is reasonable to tax unrealized gains. it's not an opinion.
this humanitarian help is a big win for the crypto industry and a slap on the face of crypto haters.
damn, even bulletproof food, they really going all out on this one
? hot damn, and there were people complaining about the . for once, the crypto community united for a good cause. see? we could do it if we tried.
from a global economic lens, this is fascinating. people can directly influence a war now.
it’s amazing to live in a time where crypto is helping to make a real difference for a sovereign nation defending itself from a foreign invader.
how, where? who is accepting crypto? are they converting this to fiat first on an exchange and then using it or is some arms dealer actually accepting crypto?
feel proud to be a part of this
i'm glad so many people came to help ukraine, every person who donated something is a really good person
i hope the measly -80. slava ukraini!
my kudos to everyone helping innocent ukrainian by crypto donations. you guys rock!
i'm sure funding foreign wars through crypto will have zero consequences.
[**s** **e** **n** **d** **m** **o** **r** **e!**](
hopefully crypto can be seen as more of a tool in future. this shows how fast and easy it is to send money directly to those in need.
but when i buy that kinda stuff off the darknet the cops are waiting round the corner when i sign for the package...
that's such a great thing man, glad you shared that.
i would love to see a list of the invoices, 100 million is a lot of money
can someone check the blockchain to see if they sold the donated crypto or if they are just holding it. call me a skeptic, but this could just be a way to call for more donations without directly asking.
'crypto has no utility' apparently.
and most of the government still says that crypto is only used by criminals.
crypto made life easier 🔥
uh so ukraine is paying tax on that right?
this is awesome. i'm curious though how much this has played into the selling recently. i guess in the grand scheme of things , but i wonder what bitcoin's price would be if they did not sell (i am glad they did of course)
so they did not bought any missiles with that money??
this is how you get the donation, i am feeling so proud.
let’s all fund a war :)
i do not believe anything coming out of ukraine. fog of war and all.
ukraine has long been the most corrupt country in europe, it is far more likely that some was spent as intended while a lot finds is way into politician's pockets.
ukraine is actually spending the money on much needed supplies and equipment like bulletproof jackets, helmets, and food. this is a much better use of the money than letting it sit in a digital wallet.
imagine if we could buy all of that straight up with crypto
where or from whom did they buy bulletproof jackets, helmets, food and more?
how many people donated and are now buying back the same tokens the ukrainians sold?
damn that is a lot
anyone, from a person to country, being able to set up a charity fun within a minute by generating a new address is great. minimal fees and 100% transparency. one of the few inarguable benefits of crypto
on us as military budget that is only like 5 jackets maybe 6 tops, one helmet and some crisps
peak shithousery would be a corrupt russian full-bird selling the ukrainians a suitcase bomb for some z-coin, lmao
they should have hodled so they could 100x on the next pump
"and more" verbiage makes me think they are using a blanket term for "weapons." ukraine is not even that big, how are you gonna spend , food, and helmets?
this is beautiful news!
it's a huge win. they sell btc to supply their defense, and the price goes down. we buy the dip they create, and we're helping fund the effort and they are helping drop the investment price.
crypto for freedom! lfg!!!!
nice! i hope now they will allow every human to cross their border to leave their country without thiscrimination. but if this was “fake news”… say so.
where can i also buy these equipment
yea but remember, we dont know shit about fuck still.
half thisappeared in some pockets, don’t believe everything you read. you know that the richest in men in ukraine got more money than you can possibly give.
- 5,500 bulletproof jackets - 410,000 packed lunches - 500 ballistic plates for bulletproof vests - 3,125 thermal imagers and optics - 500 helmets - 3,427 medicines - 60 walkie-talkies surely, more was purchased…
i would see how that is, i'm pretty sure some people there have been trading it around too, putting it in some exchanges like solana prime and flipping nfts and small mcaps, but the majority will be getting real world utility and that is fair
would have been really cool if those who make weapons and bullet proof jackets were donating too
this alone continues to be supply side pressure added, as soon as it stops, like a rubber band snapping back to a new equilibrium
the future of how wars will be won and lost.
still have not received my nft, probably should have sent the money for russians in need.
wait how do i donate crypto???
> these are wallet ids of official ukrainian crypto fund: > btc — 357a3so9cbsnfbbgfyacgvxxs6tmadoa1p > eth — > usdt (trc20) — tefccmfq38czs1dtzvhsxkvdcka8y6vfcy source:
what are the addresses for donations and their current balances?
this is great news, it is so good to have avenues to help!
i wonder how much that pushed the market down. there's a lot of volume in crypto but i do not think it takes a ton of money to push it up or down a few percent. i guess for those sort of amounts they probably sold it over the counter, but the parties they sold it to could be selling it on the market.
this is great not for just cryptocurrencies but for ukraine in general. slava ukraini!
lmfao, somewhere out there is a dude crying bout how his crypto money was never supposed to be used to back foreign military troops. two weeks before this started, crypto market goes a big slump, and war starts and now we are donating fake coins to fund wars... life is bliss
i am just the devil advocate guy. that’s probably the once in lifetime opportunity for the official to pocket the money, no one really knows where the exact spending went. i really hope that the money really went to the ukrainian in needs. 100 million is a lot of money in aids because with the amount of aids and military equipments came from the allies and nato countries, i just don’t see they are buying that much in food and equipments.
where can i buy ak's with crypto? i want to redecorate, *asking for a friend*
did they buy any trains for black and brown people trying to leave cause they certainly are not letting them on the multiple undeclared but violently enforced whites only train.
this is fing awesome. it’s not a solution to this chaos but it’s a piece crypto can play without the red tape blocking the funds.
situations lie this create incredible wealth for the arms dealers. even humanitarian donations are going to companies that profit off of death and destruction. sort of like how every piece of aid regular people got during covid was really a bailout for banks, landlords and credit card companies.
time to send more! they will need it.
we are a part of history now. glad we are a part of this and let us just hope this war comes to an end as soon as possible.
sure they are, you gullible people.
yeah i seriously doubt that. as anywhere here ever been to ukraine? most of that money is probably in the pockets of corrupt interlocuters now.
100 million? geez. has anyone tracked where it is going? theres got to only be a handful of people offering the service of war defense for crypto payments. is this an effort to consolidate decentralized currency to remove it from the equation?
donating feels better than hodling. i'll keep dcaing into ukraine for a while.
i hold crypto and i say that bc crypto believers are quick to thismiss criticism but for the average person, their reaction to this is a net negative towards crypto. one, it demonstrates what's already known with the more visible history of darknet sales, that you can buy an army via crypto very quickly. two, there is a lot of questions of zelensky's financiers (igor kolomoisky) for his political run and how they are massively corrupt and sought to maintain reigns on ukraine's bank system so much so that laws were passed to specifically address them. using crypto it will be a little harder to track that the money was spent for something positive. three, while putin's invasion is horrifying, there is a lot of smaller scary politics at play (israeli financiers, neo-nazi ukrainian militias, etc) the money can be used for. crypto's marketing as untraceable money only hurts it there. if you want to laud crypto during the conflict highlight the traceable effects that can be proven not hypotheticals is all i'm saying.
bulllllllshit! lmao. pockets being filledddd
i can imagine how much will be stolen
to anyone thinking that half of this money would not go to some corrupt politicians 😂
so basically all the money donated went straight to the u.s. military industrial complex.
while i would love for ukraine to win this. i feel we are only giving world war 3 a chance to happen the longer this draws out. maybe arming ukraine to the teeth is not the right play for the world. where exactly does this end? putin giving up? ukraine invading russia? a pilot accidentally launching a missile over ukraines border into nato territory? one fuck up and we’re all pullled into this.
i see it as just another way to steal from the poor. just sending it to a government that is corrupt as hell (like the rest of them). but zelen is a hero right now, so we forget that.
i bet not even 10% of that is going to actually impact civilians. 50% probably goes to zelenskys pockets, 45% to finance military gear for unwinabble war, 5% for food and shelter. lmao
how the us managed to spin “we funneled ’s domination of europe” into a positive thing is so mind boggling to me. i mean it does at least make other unthinkable tragedies like the rise of the nazis more understandable from a psychological perspective. people are like putty for the media to shape at this point now that they have effectively demonized hope.
yeah, i am sure the officials of the most corrupt country in europe wouldn't lie about something like this.
yea and unicorns exist. the msm is the shepherd herding his sheeple
doesn't this mean they sold ? this creates heavy sell pressure lmao.
it was amazing how much of a role crypto played in this war and how it was proven crypto isn’t taken for granted
i would do the same with 100m
felt so easy and good to donate. literally copy-paste an address and sent.
but how much was spent on coke!
crypto helps people in war torn places. crypto is good!
proof or did not happen
riiiiight.all 100 million went to this and none went to anyone pocket lol
this is fantastic! however, i've been seeing videos of ukrainian soldiers lugging big heavy machine guns with big cans of ammo. i was an m249 saw gunner in the army, which was ironic because i was an expert marksman and i wanted to be a sniper. but i can tell you, machine guns are designed to spray bullets all over the place so while they have high damage they are equally inaccurate and a huge waste of resources. ukrainians should be armed with long range high precision rifles with scopes and a few boxes of ammo. that's all they need.
there are documented neo nazis in ukrainian military and govt. (azov battalion). im not funding them and neither should you. you can be against the bombing of ukrainians and also not fund neo nazis. both of those viewpoints can be held simultaneously and are not contradictory to one another.
can we see the invoices?
hmm i'm afraid some pockets just got filled
lol. it's in kolomoisky's swiss bank account dudes. stay naive.
what's the cut for the corrupt government officials?
you really should ask yourself if you want to help fund the war. i know ukraine are the “good guys” but i have a hard time donating money used to kill young russian soldiers who are brainwashed by a fascist.
crowd funding war. never thought i’d see the day.
proud of being part of this community 💛💙
and that equipment went to a small number of ultra powerful individuals who will squander the materials. just like they have been doing since the fall of the ussr. sending a corrupt bureaucracy money is hardly a solution.
they should have bought btc
*finally, some good fuckin' news*
curious. anyone know if they are selling the crypto for fiat then buying? or are they straight up trading crypto for gear from another country? thoughts?
now they need to stock up on gasmasks and whatever else is needed to resist potential chemical attacks.
love to see it. fuck putin!
i wonder how many nato defense contractors? my guess is all, because finding defense vendors who not only accept , but are able to move that much product in a couple weeks, seems crazy. i know military markup is ridiculous, but it is still *a ton* of product even at jacked up prices.
sure would be cool if they could get em at cost
pray for ukraine ❤️🙏🏼
they accept bank transfers of money too…they could literally do all this without crypto nonsense
in your face putin, even your fellow people support ukraine in this manner
first time something good comes from crypto
i love what ukrainian army are doing with javelin against russian tank. good job guys
yes the white helmets and azov are not cheap
glad i could help
if their money are up, it sounds like it is time another donation then. please give if you can spare it. make sure you verify the addresses you send to.
a few years ago people bought guns, bulletproof vests and drugs with crypto. glad things are still going strong!
throwing in a little each week at this. i hate what's happening but using crypto for something that matters to me and that i care about is fucking awesome. i do not care if they spend it on twinkies and video games if it brings them any positivity.
that's what i was gonna spend it on.
bulletproof food sounds interesting
for stuff like worldwide donation initiatives, crypto is unbeatable. not even factoring in the recent fiascos on the normal fundraiser sites. good work everyone who donated
who makes that stuff and gets the money?
glory to crypto and glory to ukraine! fuck putin
here’s my question. where are they buying this stuff? i don’t feel like it’d be at a military surplus store
my friend tried to make a bsc token to help ua but it got jeeted fast.
we oughta take all those impounded oligarch superyachts, sell them, but antitank and antiaircraft missiles, and shove them up the russian military's ass.
damn would love to try some bulletproof food sometime
it's all on the blockchain, the transactions are not anonymous. the gears of justice turn slowly but surely.
us: listen dude just say the word and we'll get you evac asap. volodymyr: the fuck man? i do not need a ride, i need anti tank ammo! crypto community: maybe this will help? v: now that's what i'm talking about!
this is the first major step for adoption! whoohoo :)
i’m happy to be able to have donated
from whom did they buy all the gear from?
if large retailers like cabelas would allow people to buy firearms with crypto, it could be a game changer!
how many ukrainians are alive right now that otherwise wouldn't be if it weren't for these donations being possible? that's some powerful shit right there.
i suspected they cashed out the crypto donations based on the pumps, then dumps in btc price. rise to 45k back down. rise to 42k, back down. makes sense.
ftw: for the win
bullet proof food ain’t cheap tbf
ukraine is still accepting donations. this is going to be a long war, early help is better than waiting.
you know what we need now?? sunflower_coin to commemorate the ukrainians bravery 🇺🇦 🇺🇦 🇺🇦 🇺🇦 🇺🇦
lol cause ukraine doesn’t have enough to support their own economy or military we rely on other people to do shit for them. biggest bs i’ve heard yet outside of their comedian turned politician president.
you can actually spend crypto instead of just hording it like some dragon? learn something new every day
it germany sent 50 helmets. why would you need more?
people who sold it are very happy.
they are not hodling is not that a sin
it says crypto is being used to buy nonlethal equipment but then later on says weapon suppliers are accepting the crypto. with the amount of supplies and money flooding into ukraine i hope there is no major corruption going on, it must be hell trying to deal with all the support coming in let alone with so few access points for it to enter ukraine. hopefully any equipment.
i wonder how many russian jets it bought them
bulletproof food sounds like it would be crunchy.
think there would be any countries donating?
i sent some monero :)
crypto has really been helpful to ukrainians.
so who are they paying in bitcoin? or are they converting to currency and then buying?
ok, give me .
so this is why finland has run out of bulletproof vests.
of course it being crypto, probably became . because of the volatility.
i am still praying for ceasefire, i do not want war, all i want is peace of everyone. i will just plat shooting in the game hub of gems. gems is a esports aggregator platform that will be available soon.
all this use of crypto during this war yet my wallet is still taking a shit?
helmets? what's next pillows?
bank networks can be shut down by russia's electronic warfare techniques. crypto cant. welcome to decentralization.
now ukraine gotta make bitcoin legal tender when war is over
arms dealer accepting crypto officially - waiting for movie
i did my part, very proud!!
their btc and usdt address says erc20 if you send usdt via matic or another chain would it make it to that address?
but if they would just wait a few days that .
who are they buying from?
i am pretty sure some ukranains are out there trading some of it, some of my expat friends studying in ukr have already told me they have used this money to trade memecoins like elon more than they have gotten utility as a real world currency. truth is, we humans are greedy and want more, even in the middle of a war
happy to be part of the donations!
that's how you do it man, cryptocurrency is so good.
so where are they buying this equipment from?
so they am not hodling that is for sure. bearish!
did anyone else think, however briefly, about bulletproof food?
what are the vests made of, fucking gold plated platinum? y'all who donated to virtue signal fell for a shitty scam. unbelievable.🙄
50 million went to hunter biden and the big guy
in america, 99 million would have been the ceos bonus
i am so proud of this community, it always makes me feel good.
excellent and might i say woe betide anyone that sees this as an opportunity to price gouge the ukrainian people.
just curious? how did they turn the crypto into fiat to purchase items? or even just use the crypto. i can’t buy anything here in the us for the most part without applying for an exchange debit card? these articles make all this seem very easy especially under war circumstances. i can’t buy anything with crypto very easily here in california.
they buy that shit off amazon? where is the money going?
the only sell i approve
this is an absolutely heart warming!! hoping that there are more people that could donate cryptocurrency it unites everyone though
this sub has thisappeared from my feed and i was so caught up trading other things that i had not noticed. what's up crypto fam?
this just made my day, cryptocurrency will rule this world.
this is what we needed to see... best way to restore and preserve humanity is to treat the people we serve with the dignity and respect we would want shown to us if we were similarly situated...
wait for more, they gonna get more donation in coming days.
wow man, that is a huge amount and we did it with crypto.
who are they buying from? black markets? other governments? cartels? genuinely curious.
total btc received: ,603,352.43 at 357a3so9cbsnfbbgfyacgvxxs6tmadoa1p total ethereum received: ,388,677.65 at i mean yeah, 31.6 million is impressive but where are you getting 100 million?
damn that’s a lot of moon
nice to see that man, i am feeling so good for all those ukrainians.
i'll be willing to bet that extremists organisations use a higher percentage of their crypto donations for their war effort as compared to ukraine's corrupted leadership using their crypto donations for their own war effort
and they still get a beating evry day,donations will not stop russia
well atleast cryptocurrency gives you some. even if your war are the reason why the market is down.
how are they cashing it out?
and meanwhile, i just transferred money to the ua national bank using their iban and bic. no processing fees, no nothing. why would crypto be needed here?
this is what freedom is, no body can control and stop.
what companies are they buying from? i want to invest in military supplier stocks.
anyone mention the ?
where can you buy all this stuff with crypto? or did they just sell the crypto to buy the stuff with actual money?
did they buy it with crypto transactions or first converted into fiat?
i hope they spend more of the donations on humanitarian needs rather than weapons because weapons are already being donated by nato. lots of people will associate crypto with arms trade in the future if that is where majority of the funds will go.
is there a breakdown of which currencies were donated? i want to see how much doge was spent on this war.
link to the official donation page? it's glaringly absent from the article.
so we converted fiat to crypto, send to ukraine so they can covert it back to fiat? sounds efficient...
you can donate bitcoin without having to worry your government will freeze your wallet just like the canadian government freeze the bank of accounts of canada truckers.
wishing the best for them. hope this whole thing end soon.
damn that is so huge, they are getting pretty huge amount that is so good.
i hope this war will end soon, we do not want anything more than that.
does it mean they sold those cryptos and bought weapons with fiat?
that's so good to see man, cryptocurrency is helping people.
how can i help?
feeling a bit better in this situation about those people now.
who is sellling this stuff to them? by that i mean, why arent they giving it to them for free? seems like some bullshit to me, if no one is going to actually help them fight these child murdering assholes, we should all be giving them literally everything they can use for free.
by "more" you mean guns. it's ok. you do not have to hide it we support it. stop pussyfooting around the truth.
so the equipment is there it just needs capital? interesting, how does that?
spend fast, your so call 'friends' are trying to ban pow crypto.
hodl your country ukraine! we’ll send more coins to fix things up once the ruskies are done for. come on!
crypto just gets me bullish everyday even when i'm down 15%. i'll never stop believing in the tech no matter how many profit chasers i see. i love money, but i'd much prefer that money to have actual use other than watching the amount i need to survive go up forever.
i can’t get over how crazy it is that a country can just post a crypto wallet address to win a war.
crypto haters who's yelling "it is all scam!!" left the group.
they were smart not to hodl
you guys would not want to miss out on the current hodl token price!!! here's the link you can use to buy :- also to summarise about hodl token :- . so now you may never have to sell your tokens to take out your profits, you can simply your hodl tokens and sell out the bnb rewards you get or you can use that bnb reward to reinvest into the project to further increase your bag size which will further increase your claimable bnb. bigger your bag, bigger will be the rewards. and with current price, you can easily become a whale with just a few thousand $$. and to just let you all know, during its peak, whale wallets used to claim thousands of $. now is literally the best time to get into the project if you have not already🚀🚀
100 million dollars ia a lot of javelins
how great everything turned out that crypto helps democracy in face of ukraine to stand against such dictatorship from the east. nowadays it is really important to participate in such projects and do donations as many crypto platforms do. i do my donations on yourhodler to the main found called "come back alive".
it is great they got so many donations but in this case there was little advantage of the donations being in crypto. [since the ukrainian national bank is still operating fiat could have done just as well.](
your donations just bought guns. guns that kill people. nice work. i'm not impressed with how easily people fall for propaganda.
this is just a glimpse of how crypto is about to change the world ... we still have a long way to go . if this is just the tip of the ice berg i can’t wait to see what happens in the future .
and in many other countries, a not insignificant portion of that would be skimmed off the top by opportunists. zelensky is doing some killer work.
zelensky should really be spending the billions he stole from his own country that he is been hiding offshore. (smh)
ukraine has a history of begging for help. sad
there is no use for crypto. crypto just helped plant sunflowers in ukraine.
how docwe know wallet addresses are legit?
it's not humanitarian. the crypto was directly for military aid. that's why it is interesting though. a lot of traditional funding campaigns either refuse to donate for direct military aid or in some cases it is illegal. i made sure to donate a little to both, because humanitarian projects tend to use the money better. but they still need to be able to fight.
a slap, a tight slap on those cryptocurrency haters mate!
exactly! from polkadot donating so much, kraken joining too, origin as well and deip partnering with unchain fund, all of them have helped ukraine
it's also helping russian oligarchs launder money and subvert sanctions. so yeeeah, still not the best system.
everyone in this sub forgetting that crypto is helping russia way more than the ukraine lol
media should talk more about this.
well the haters could easily just point to prices not budging... so either its viable but overpriced or its value is not linked to increasing adoption. either way this kinda sucks
what did the five fingers say to the face …
unless all the pics and videos of the ukraine nazis are real. then crypto will be known as the way the nazis gained their arms:)
how is it either of those
is that why my crypto is losing value?
i think it more reflects the fact that crypto is seen as a temporary token of value and is better used now than when the bubble inevitably bursts.
thank you satoshi nakamoto!!!!!!
absolutely. even though i do not support sending ukraine money to keep the war going, the fact they were able to receive and spend 't be able to get quickly or at all--kind of demonstrates bitcoin's usability! tell that to the crypto haters.
cryptos are still incredible inefficient compared to traditional transactions. no reason for every user to have the whole blockchain history.
a slap? russia is evading sanctions with the help of crypto. it's helping russia more than ukraine you dingus.
maybe i am missing something, but how is this different from regular donations?
i sent some eth. worthy cause and i got that shit for
**i’m proud that i helped, so people can protect themselves!**
seeing so much people united against the war, even outside of crypto, it is truly wholesome. i wish it could happen more often without the need of a war or a catastrophe
feel good to be part of that 🇺🇦
honestly a story for the history books. you'll only see this more often now. the community coming together from all over the globe to aid a heartbreaking humanitarian crisis. so glad of how far we've come
for once is very true. we all know the root of crypto and what it is mainly used for in real world goods *coughs* silk road *coughs*
it’s beautiful to see
“for once” lol fuckin cringe poor
satoshi would be proud
great to see crypto really helping!!
we could build our own army and take of the world pinky!
i did not even know they got up to . last i heard, they got . i'm glad for them. many people donated including binance and dot blockchain ceo. utrust also offer their crypto payment platform for free use to ukrainians.
cryptocurrency is doing so much for the free world!
crowdfunded murder and destruction. brilliant.
kinda stupid to fight a war without money, seeking donations to feed your troops, not having proper gear for donations.
sounds shaky, i mean let us not forget that ukraine was one of the most corrupt countries in the world. unless their transaction s are on the blockchain, how has crypto really won?
yaaay we gave all our money to some executives that profit from war. awesome... yes its good ukraine get these things, but it is insane that regular people give all this, only for some companies that produces stuff for war get higher profits. they should be donating this stuff or at least sell it without profit during these times. i've heard so many talk about mc donald's doing the right thing, but still have not heard about companies profiting of of war doing the right thing.
people can directly influence almost *anything* these days. in varying degrees obviously.
it can also be used to directly fund poverty and hunger in 3rd world regions too.
pretty terrifying tbh, considering how easy it is to influence people.
before now, i never ever conceived of a crowd-source funded war between nation states. i often think of how voting with our money is more powerful than voting with a ballot. in a sense, .
more sunflowers for us 🌻
"sovereign" is a bit of a stretch for ukraine. they're a puppet state that changes hands every few years.
sad we have to live this but glad to see that crypto is helping.
it's because before you had to funnel the money into a place that kept a lot then they sent some to a place there that kept their % and then they bought squirt guns with the 3% left.
article says that some weapons suppliers are accepting crypto, but could not give details for nation security concerns. so no fiat converting required there. one quote stated that crypto has been extremely helpful in cost flow, likely due to the high speed and lack of red tape
in ukraine crypto is legal, so ukraine can pay in crypto. the other side of the deal, though...
they need all the help they can get. and its amazing to see crypto playing its part!
and more donations would still come.
shitty people can donate too
i am happy to see how potentially crypto helping nowadays
except those who donated really small amounts because they wanted to get the airdrop
1) start war 2) get donations from stupid people 3) buy arms and ammo from their elite friends and military contractors and get a percentage 4) send young men to die rinse and repeat every few years
it's amazing how so many people and governments got united so quickly. if you were saying that 3 weeks ago no one would have believe you...
love to see crypto making it possible for people around the world to contribute to the cause. a also in the face for everyone who considers crypto doesn’t have any use cases too.
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shouldn't have messed with their monopoly.
that wouldn’t necessarily mean anything in the short term as they could easily borrow against the crypto balances.
i mean, they’d have to go through an exchange, so it would likely be a transfer to a custodial wallet, but then you wouldn’t know if they cashed out
or they spent it on the fucking war ya dipshit
im sure fbi. once they got a taste of it i doubt they would let go of the idea of accumulating more. so weapon trading might be possible using this well either way there is corruption at the end of the chain.
bruh you can check it yourself? bet ya never made a single blockchain transaction
i’ve seen multiple eth cash outs from the wallet i’m mining for. but why wouldn’t you believe them?
that's where you're wrong, boomers. joke.
but they have no problem with banks covering the tracks of millionaire criminals.
most of the government are criminals
say it enough times and my grandma will believe it.
because they know that decentralized banking will put the people who actually run the government our of business. anyone who cannot see how crypto is the most important technology since the internet is either a moron, a bootlicker or a shill. the whole argument that crypto is only used by criminals ignores that fact that paper money is almost exclusively used buy drugs these days.
if they hodl they can fund a prolonged war on interest alone.
they said they would not thisclose any arms they bought for security reasons.
i unironically think we can replace "spend on guns" contest with "spend on silly math problems" contest.
we live in an age where funding foreign wars is considered heroic. 😢
i see this a lot, but how many days is this still going on now? yeah, maybe there is some bullshit stories, but if you think the russians are doing well in any capacity... well...
finally some rational. falling into the narrative is a slippery slope.
with that sort of money, they can afford to negotiate directly with manufacturers. probably best for all that we do not try to identify which ones exactly.
zero barriers with banks and approvals and wire transfer etc. you send it. they get it. plain and simple.
> 3427 medicines dunno why this one made me laugh
if those crypto donations keep coming it will 😅
lmao these people are either getting paid to spread propaganda or they’re just misinformed and don’t care for a nuanced perspective of what’s going on. people volunteering for a cause they don’t fully understand and people donating money to people who are profiting from this conflict. nonsense.
at least some redditors are feeling good about themselves...
out of 100m, politicians must have got some money in their pockets
bullish on ukraine’s prosperity!!
most of the money will be lost, corruption is always there
only half? beats the 100 fold return us politicians get in their lifetimes.
one fuck up & were all dead
you can ask yourself the exact same question the other way around. where does it ends if we keep letting russia taking smaller countries one after the other? (hint: look at ww2) looks like both ways can lead to ww3 with that logic. i'd rather get there by denying an asshole what he wants
you’re thinking of the red cross.
you’re telling me a man who has stayed on the ground fighting in his own country would rather embezzle 50 million dollars in donations than protect his country? aight
most of the donations were in btc and eth, which combined have a daily volume traded of about **b**illion... so .
fuck this war man
there still isn’t a defense for what they’re doing. i say that ukraine has every right to defend it’s land and it’s innocent civilians. plenty of those russian soldiers are still making the choice to lay down arms, so obviously the information is out there for them to be properly informed if they wanted to be
the “brainwashed” are bombing children’s hospitals and maternity wards... fuck a bunch of that.
100 millions is nothing
crowd funding the defense of women and children against a tyrant. there! fixed it for you.
exactly i am having same feeling
this is a fantastic positive of the community
yeah this is all immediately going right back to lockheed and raytheon and friends.
yes of course, a country under attack should buy crypto instead of bulletproof jackets, helmets and food. makes perfect sense 👍👍
no one cares. they just read something and cheer. no transaction ids, etc. apparently ukraine was so broke they could not even feed their soldiers or give them proper gear. but a bio-lab... yes there is sufficient funding. amazing how easy it is to manipulate people
considering azov was the only one putting in work for the first 2 years of the war while the actual military was scratching their balls, barely able to shoot straight let alone fight… i’m guessing they are indeed not cheap
please sir. don't mention the nazis.
the article notes that they are purchasing from military supply contractors who are accepting crypto. i'm pretty sure the ukrainian army does not' just head over to the local army surplus on the corner. you'd be surprised what companies supply military hardware. here's a list of the worlds largest defense contractors
risky but worth it imo.
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i don’t have much fiat. so i’d have to convert it ... then send it to a bank for them to convert it ... and then they get it. why would i do that instead of just sending it directly to their wallet? i want to use crypto. why don’t you? edit: also my credit union requires me to make a wire transfer in person. so no ...
who’s going to stop putin from bombing maternity wards? or do you believe that’s fake news?
it's ukraine, so the portion being skimmed is probably huge.
i literally had no other way of donating, bitcoin fees were 18 cents
honestly pretty inspiring how the sunflower has become such a symbol of resistance amongst the people. slava ukraini🌻
hell yea. this is the perfect use case too.
crypto sure is here to stay
whats the advantage of crypto in this case over just sending money to their bank account?
let them say that more, we gonna rule the world for sure.
i'm definitely gonna get downvoted here but what exactly in this scenario has crypto done that we could not do with fiat? i'm big on crypto being the future. but in this exact scenario fiat would have done the same job with no fees. this was just glorified wire transfers (for a good cause ofc.) edit: spelling
crypto has helped save lives while asshat at home saying it has no use has done literally nothing.
i mean people who say that there is no use for it have no idea what they are even talking about
out of curiosity how is this a win for crypto?
who would have thought that crypto would crowdsource a countries war defense efforts?
for government approved cause, and with governmental blessing it will work. lets try doing the same in yemen or somalia or in syria or anywhere else where us or israel or western countries are agressors, and we will see if it really works. ukraine proves nothing in this regard, even fiat money still flows there from the west with zero problems.
did they buy the equipment in crypto currency? otherwise... why did it need to be sent them in crypto currency, rather than just regular currency?
crypto has so many useful usecases like: - donations! (never been done before, donating in crypto instead of cash has cool advantages like: ) - trading exchanges where you trade your crypto, for other crypto - fucking ponzi schemes rofl
it has a use here obviously, just no benefit over other methods.
can everyone stop having boners over filling russian coffins? i support ukraine, but the cringe sunflower shit is gross and embarrassing.
by being converted into real money... wow
ukraine tweeted their wallet addresses.
this times a million
if everyone did not have the whole history it would maybe be easier to create fake counterfeit crypto and put into the system but idk how that really works.
it is not. you could have just as easily converted your money to usd and donated it.
whenever i see ftw my brain automatically goes: crypto fuck the what?
crypto to fight the war!
that’s really sweet that you used it for such a good cause!
everyone who donated is a fucking g
i'm also proud to have helped! i sent them , right when the ukrainian government posted their bitcoin wallet address on their official website. slava ukraini! heroyam slava!
war is screwed up, needless lives being lost
a very proud and happy moment!
its really great too see how all different parts of the world come together to fight (or rather defend!) for what is right.
the community only came together when the afflicted are white and christian. we have taken a new low by jumping in on the mainstream narrative. crypto needs to step back
ok fine, we united on a good cause for a _second_ time.
great, can we do it for yemen now.
we're gonna see dao's spin up to help various causes from now on, with more money raised & more activity around the bigger ones.
>in a sense, goddamn right it is.
🌻use this sunflower 🌻 to give ukraine power 🌻
keep on giving the sunflowers.
*polygon network left the chat*
(⌐■\_■)--︻╦╤─ - - - - - - putin
we're all shitty people at some point of our life
now these people & government will understand how crypto will help them to build the future
lol, they even make ukraine inu coin
yes. i would never donate for anything connected with war. i cannot believe that people think they donating for a good cause . if it was all for food and stuff for the regular people i woild be happy but money for guns i dont have. very sad that the community think they are helping. not different from the governments who are sending guns only and watch from the side.
instead of world war, we need world peace!
sure, that’s possible, but who are they buying ? why didn’t they have that for their army before this war? i didn’t mean to hurt your feel-goods. it will all be ok.
oh... lil snowflake. 12 years old and naiv as never.
nah, i just don’t care enough to try to find the ukraine government public blockchain addresses and research it. i didn’t donate so i don’t really care. i “donate” enough to my own government. i don’t need to donate to other governments. show me a decent ngo helping ukrainian citizens and i might be onboard.
i guess i believe that someone is benefiting from the donations. i just question that they are being spent on body armor and other war items. and maybe they are, we will never know. but i also know how government officials like to spend money on stuff that helps them as much or more than their people. that’s why i said i’d consider donating to a good ngo instead of the government. still possibility of fraud, but less so imo. but i would never tell someone that their opinions are wrong, so if you think it’s a great cause and want to donate, i support your right to do so.
make that billionaire criminals with super yachts.
exactly. funny how easily that gets forgotten.
read the message again.
dude it is reddit, it is the epitome of the narrative. if you ever need to know whatever the dominant narrative is from the establishment, read anything on r.
for me, it’s the 410,000 packed lunches lol mom: igor, here is your sacked lunch. kill a commie for your mommy. igor: dasvidaniya. slava ukraine!
durr durr "fuck putin" 2 months ago: durr durr "fuck anti vaxxers" 1 year ago: durr durr "fuck trump" ... whatever the current "thing" is you can always count on reddit to give you the most prolific, super mainstream, establishment talking point, virtue signaling, herd-hivemind circle jerk imaginable.
russia is directly challenging their sovereignty, we are bullish on ukraine
scams made us to loose trust in humanity, but it is restored now
hope it stays that way!
and upgraded to next level.
news today about shelling near the poland border. one idiot tosses a bomb just a little to far, a pilot gets confused and that’s it …ww3
i believe the aggressors for world war 2 were germany and japan. admittedly, i don’t recall russias roll in world war 2. this was also before nato. i believe putin wants ukraine before it signs onto nato and he loses the territory. i don’t believe he would push farther than that, but i also didn’t believe he would invade ukraine either
you know he literally got exposed in the panama papers right?
ffs do you have a tv anchor in the place where your brain should be? damn some people asked to be a sheep and god was way to generous
a few weeks, they’ve been pulling out the eth periodically since things started.
you said the same thing, dipshit. doesn't matter what coat of paint you put on it. also, crowd funding for war has been happening for thousands of years.
not quite as concise of a statement but i’ll allow it.
that link did not work for me.
i believe all sides have their war crimes to answer for. we are not innocent. ukraine's leadership is not innocent. russia is certainly not innocent. i just do not see how sending money for guns de-escalates a situation.
there is nothing to stop russia from bombing except maybe some portable surface to air missiles.
like the ghost of kiev or snake island 13? impossible.
the secret records also show that ukraine's president volodymyr zelenskiy and his close circle were the beneficiaries of a network of offshore companies, including some that owned expensive property in london, the occrp reported. it said zelenskiy and his partners in a television production company, kvartal 95, set up a network of offshore firms dating back to at least 2012. among other things, the offshore firms were used by zelenskiy's associates to purchase three prime properties in the center of the british capital. the documents also show that just before he was elected in 2019 on a wave of public anger against the country’s political class, zelenskiy transferred his stake in a secret offshore company to his business partner, who later became his top presidential aide. and an arrangement was soon made that would allow the offshore firm to keep paying dividends to a company that now belongs to zelenskiy's wife. ah yes this man is definitely someone to trust with money… source:
i wanted to ask "why cannot cash donations be done with regular methods, like wiring it over". then you reminded me of how cheap and fast it is with bitcoin.
saw that clip with the old woman. such an iconic moment!
fuck putin 🐷 slava ukraini 🌻
in the west when we say "glory to [our country]" we're being called "nazis" by the left
slava ukraini! heroyam slava!
which is funny, because helianthus is not native to the old world.
bitcoin has been around 10 years. governments are adopting crypto. the floodgates will open on this sector soon.
always has been, always will be.
cryptocurrency will be there forever mate, there is no going back.
have you ever tried to send a global money transfer 100-12 days
' 1) speed. settlement in 10 minutes. bank transfers take days to truly settle. 2) accessibility. anyone who has bitcoin can contribute easily from any internet connection. 3) blockchain visibility. all the information about how the funds were spent is there public and accountable.
crypto value and spendability would not be affected by any weakening of the ukrainian currency as a result of the war. (of course it could be affected by further weakening of the crypto market, but that is mostly uncorrelated with changes in global exchange rates, and less tightly correlated with the war.)
there is not one.
think about people in russia or china who are sympathetic to ukraine, but wouldn't *dare* express that out of fear for their safety or that of their loved ones. the other thing this does is demonstrate *to the entire world* that this is possible to do now. whatever the cause, individual voices can no longer be stifled by the political class.
some banks or financial institutions can deny any kind of monies sent to certain areas for geopolitical reasons. if not denied, then easily withheld or thispersed at a holding bank's thiscretion. aside from that, fiat donation does have fees. credit. donations via traditional non-profits usually gives a cut to pay coordinators. fiat changes hands several times over before getting where it is needed. you donate , they get maybe . bitcoin does not have these controls, so you can literally donate directly to a wallet owned by the ukrainian govt and get it right to them.
like another reply said, it is because they had no other way of donating. unlike another reply said, it does not mean crypto is here to stay. having "no other way of donating" is but an infrastructure problem with fiat that crypto solves. however, decades ago the average dude simply did not make international purchases and donations through the internet. the infrastructure of fiat will catch up quicker than crypto will become mainstream. this is just like piracy. people had no way to buy movies, they pirated. netflix became a thing, they stopped pirating. dozens of other streaming services split content into multiple subscriptions, they started pirating again. once "netflix" happens for international transactions, crypto will lose one of its few advantages.
question aside, that is an amazing way of spelling *definitely*
lol i cannot believe people still do not know about that tweet.
logistical reasons. > "crypto-assets proved extremely helpful in facilitation of funding flows to the armed forces of ukraine," bornyakov noted. > for bornyakov, crypto has been a more flexible and cheaper tool than bank transfers. “it is easier, not complicated, transparent, and faster in comparison to a swift transaction, which could take more than a day,” he said.
for several years, i thought it stood for "fuck the world"
that's me right there and i cannot change that habit now lol.
it was always free the weed where i grew up
crypto fuck putin and the war
you just need to see it more
it's great to see that crypto makes it more simple to donate directly to a cause instead of going to a middel institution first
glory to crypto! 🌻
they would lose if crypto fought the war, dogecoin ain’t killing shit
gas prices were under , so eth is actually reasonably cheap to make transfers again.
zelenskyy should post a moon address next
g to the lory for ukraine 🌻
i don’t understand what you’re referring to as g, but i like to think of myself as a okay dokaly kinda guy.
and never the ones who deserve it for orchestrating small genocides.
hopefully this inspires the global community to take the same action to help victims in conflict zones everywhere, and facilitates people on the ground of those spaces organizing to effectively use donated funds. crowdsourcing has boomed for projects, let’s boom it for people!
cryptocurrency is not a bunch of atheist libertarian hackers anymore. how do you expect a mainstream website based on votes to focus on something not mainstream? it's hopefully preventing a public backlash for our continued support of users in russia. your charity is no longer censored and the transaction costs are lower. that's what crypto brings to the table here. it would not make humans any less biased.
as long as yemen accepts crypto. whose the official government of yemen during this genocide idk the houthi’s? it’s an interesting scenario millions of crypto being sent by americans to the houthis to the fight against the american military industrial complex which is supporting saudi arabia which is ruled under sharia law. that rings a bell isn’t isis & al qaeda et all fighting to for sharia law. that must be why saudi arabia supports them. funneling them the arms we are selling them. while we buy their oil. is it a 3 ring circus or a cluster fuck or both.
sorry if i sound narcissistic, but i need me some sunflowers 🌻
peace is boring and during peace people are looking for new enemies to hate... how can the government justified inflation without a war?
they may have had enough for however many of their troops were actively deployed in normal times. they would also need to replaced damaged armour after its done it is jobs. they're also busy arming every able bodied person who will sign up and i'd imagine that is quite a few people considering they have people even coming back from overseas to help fight for their country. i'd imagine they are buying it from whatever normal sources they buy their equipment from or whoever will sell to them and get it to them quickly.
> who are they buying ? it isn’t all body armor and your article states that. food, medicine, and equipment has been purchased according to the article you supplied. very little appears to have gone to body armor with food and medicine being the top purchases. as for who they would buy these things from, it likely depends what is being purchased. food is probably bordering nations since it’s perishable. medicine can come from all around the world. armor and equipment is likely the eu and us. > why didn’t they have that for their army before this war? the need for food and medicine climbs drastically in war. it isn’t all going to the military either. civilians are being harmed and starved too. as for the armor you are focused on, it’s not infinite use. body armor they are using is generally ceramics. any hit renders those plates useless and a new one must replace it. in war it makes sense these are needing replacements but in ukraine they are also taking on civilian fighters they need to outfit. it is entirely sensible they need more. they are taking on what **was** regarded as a superpower class military.
taxes are not charitable donations btw. you owe that shit
do you have any evidence whatsoever that what you're saying is taking place in ukraine? i do *not* support your right to slander a group who you have no evidence to back your accusations.
they’re both synonyms at this point
this isn’t a “current thing” though, it’s been going on since the eastward expansion of nato, an organization that was initially created to fight a union (soviet union) that no longer exists. ukraine has now just become a battle ground for politicians who want to expand their hegemony. same thing going on in palestine, in yemen; between iran and saudi arabia and a few other countries. any civilian that thinks their money is going to a good cause is dumb as shit or unfortunately misinformed.
i meant look at how the whole "germany appeasement" thing went down
i could not agree with you more. during times like this you literally have to sort comments by controversial to avoid the reddit hivemind herd circle jerking whatever the current "thing" is
it's just a wikipedia link. worked for me. you can also just google wikipedia defense contractors
whenever there is a war involving us interests, there is massive propaganda. people should know to be a little more critical of these narratives. russia is invading illegally, but that does not mean zelensky is suddenly an angel or ukrainian corruption thisappears.
cash would take 5-10 days for some countries. meanwhile in crypto, one hour is considered forever.
layer 2 to layer 2 the other day from my pc to my phone and before my computer could give me the "confirmed" screen it was in my account.
that's what everyone should, we are proud of ukraine.
salo uronili. heroyam sala!
that's so good that it is just the start of crypto and bitcoin.
>crypto value and spendability would not be affected by any weakening of the ukrainian currency ok but how does that affect sending them dollars and euros like you can do at the above link? also their currency is only down 5% since the war started. also the price of btc dropped 40% at the start of the covid pandemic i dont think it is actually uncorrelated to the rest of the financial system.
don't forget you have a fee, have to wait for confirmation now! instead of it all happening instantly lmfao.
yeah all those people can now donate to ukraine with an easily traceable method!
> whatever the cause, individual voices can no longer be stifled by the political class. literally what the fuck are you talking about. the donations would have occurred with bitcoin or not, and nothing about this happening in bitcoin has meant that individuals are no longer stifled by a political class. crypto did not prevent this war from starting and it certainly won’t make it end. it’s a tool, nothing less and nothing more.
you donate 100, not really a valid point, since they _need_ to convert to fiat. in case of this war though, i've seen that 100% of the money goes to ukraine when donating to organizations.
i mean i do not see a way they cannot just set up a venmo. the only real thing i see crypto accomplishing here is allowing russians to donate, however i do not know exactly how easy it is for russians to access crypto due to them not being in swift at this very moment (i do not know how that alters their purchasing ability of cryptos namely.) i do think crypto is the future of human currency, i do not believe we are there yet and honestly do not feel this showcased how useful crypto is in the slightest. there is plenty of ways already in the fiat infrastructure. i'm glad crypto is being used and shines a bit of a bright light on it. but realistically it was not "the only way" barring you being from russia, and even then people have illegally moved money for years before crypto. where there is a will there is a way.
i'm dyslexic and just awake lol my bad
i still read smh as “so much hate”
it did but in this instance it stands for ‘fuck the war’
recently i was playing a game with friends and instead of people saying "gg" for "good game" they said "gf" which i thought meant "get fucked"... yeah! turns out it meant "good fight". i used to be so toxic in that game because of my misunderstanding.
that's better crypto, fuck the world. that's how we do it for free world.
filter the water was my second guess.
uh oh... what does it really mean then?
it is fuck the world, ftwin is what 90's people told their kids it meant.
i’m from amsterdam, it’s always been pretty free overhere.
i’m sure satoshi is looking down proudly.
making a positive impact!
the positive response would break the internet!
what is a moon address?
i don’t have many ... but i’d give all of them. and this is probably the only thing that would get me to part with my moons.
here you go, my little sunflower 🌻🌻🌻
i’m retired military so i understand very well how body armor works. i also understand wasted spending, graft, and corruption. i know many of you arguing with me must have donated and you want to feel that your donations helped. i’m sure they did. great job. personally, i feel that donating to a government with a gdp of . especially since the government of ukraine is listed as the second most corrupted government in europe. best wishes to you.
yep, which is why i put quotes around the word donate. i always pay my due taxes. but i don’t ever feel the need to pay any government more than my due taxes.
lmao trying to act smart
ukraine is listed as the second most corrupt government in europe, but i’m sure they didn’t pocket any of your .
it’s my opinion, and it doesn’t need your support. please refer to my last sentence above.
a millionaire criminal could just be a normal drug dealer with good financial planning. i've never seen a billionaire with a super yacht who did not steal it.
i agree with literally everything you said. anyone who has not been talking about yemen and what's being done to them by the us and their barbarian saudi counterparts and is now all of a sudden tweeting about ukraine with their flag in their bio... is a fucking brainwashed tool who has outsourced their critical thinking to the establishment
which l2 have you been using? i am tired of evms and want to start doing stuff on btc l2s
[old lady in ukraine](
if you try to send them dollars, it gets automatically converted to ukrainian currency, at least if you use a credit card or google pay. i tried to send , it only charged me .50. and i said the crypto market is mostly uncorrelated to *global exchange rates*, not the financial system. exchange rates are relative to each other, so they cannot all trend up or down at the same time: if one of a trading pair goes up, its complement goes down. neither crypto nor financial markets is well-correlated with the relative values of national currency.
lol you clearly have never had a boating accident
and this is a legitimate problem with many cryptocurrencies, but for many others (for example, xmr) it is not, and draws more attention to those things as well. cyrotocurrencies, like stock from 100 years ago, will be used for more purposes than we could possibly imagine right now, much like few could imagine all of the possibilities that the lightbulb enabled.
fun at parties, eh?
paypal sucks ass as a merchant. it's litterally th most scummy payment processor i've ever used. global money transfer from my bank is easier.
how is that so much hate? i am too dumb to understand that.
shaking my damn hate
we need a new abbreviation such as fp fuck putin
i think “for the win”
that's because gamers do not have girlfriends, otherwise they would know what gf means.
haha. that's quite a misunderstanding! cheers!
>uh oh... what does it really mean then? for the win edit: to add an extra one: fts is fuck the system :d
maybe satoshi is one of the donators 👀
i’ve missed something? who said he’s dead?
moon is the community token of this subreddit.
i do not give a fuck if it is your opinion, it is wrong, and i did not need your support to donate in the first place.
i use loopring right now and have it connected to my metamask
use lightning network (only btc l2). instant & cheap. bluewallet is a great wallet to start using it
fine but i also have strong doubts that the price of btc is not correlated to the us dollar since most trading is denominated in dollars
he can be, i wish i could get his freaking address lol.
satoshi and vitalik are my two fav crypto people.
hahahahahahahahahaha. i love when i’m told my opinion is a wrong. you are so fucking ignorant. i don’t give a shit if you donate or not. literally your choice and you can if you want, but my opinion is mine and you can’t tell me it’s wrong. (that’s what opinion means)
np. btw if you open your vault (through reddit is official app) you can receive moons too.
...and literally no one else. so nice try, but more bullshit. and that is their history. the whole reason russia is invading now is that they are turning their government around. that's literally the whole fucking war.
actually that is not what opinion means. it can belong to you, but it can infact also be wrong. the fact you opine on any given subject is no indication of any inherent value regarding true or false.
the only ignorant one here is you, and not only are you ignorant, you're malignantly so. you hurt the things you touch, and that is why your opinion is worthless. also yes, you can have an opinion and it can be objectively wrong. you're currently doing that.
i love arguing with random people on the internet. i made a statement and you asked for a source. when i provided a source you then refuted that source without any other source. so you literally just said, “your internationally recognized source is wrong. trust me bro.” i just realized that you’re arguing with me on several comments because you’re challenged when i pointed out the corruption, and alluded that your donation was nothing but a feel-good moment for you. next time find an ngo to donate too. it’s more likely to actually help people because they have lots more oversight than a government does. unless you are from east europe, i probably understand this more than you do. i’ve been studying russian for almost 3 decades now.
an opinion is not fact, so it cannot be right or wrong. you can thisagree with my opinion, but you can’t say it’s false.
nice try bro. i appreciate how much you have determined about me and my life from my original comment, which was literally “you do you” because i don’t give a shit where you give your money. now you continue to attack me without any objective sources. i can tell someone hurt you and i want you to know it’ll all be alright. just keep telling random strangers how terrible they are and you will start to feel so much better soon. it must be good for your soul to argue on the internet, so good job!
yes one can. an opinion can be objectively and evidently false. if your opinion stated that the moon was made of cheese and the clear and presentable evidence clearly refuted that, then in no way is that opinion accepted as true and is deemed false. thr fact one may hold an incorrect opinion is not thisputed.
the objective source is your idiotic comments where you blatantly lie about something you want to be true but isn’t. you claim to know shit about this topic but the one fact you’ve managed to vomit out is immediately thisprovable with a quick google, so all you really have is your desperate need to seem knowledgeable about a topic you are undereducated on.
per our policy, the involved parties should both be able to give their side of the story and the response will be stickied here so it is not suppressed with downvotes:
hey opishub, i just made a fortune on eth but need to transfer it to another bank, if you lend me 100 bucks for the transaction fees i will pay you back 1000eth! hit me up kind sirs.
thanks for the heads up lad, you've saved a lot of people from losing money to the fools. nice one.
just so everyone knows, when a company or person says 'we will plant trees' 99.99% of them are talking horse shit. theyll either pay a company in another country to plant trees but they never do because they do not have land rights or cannot get permission. or theyll just keep the money and buy carbon credits off their other company. which is also another kettle of shit. source: i work in the environment sector primarily for construction companies.
they want to pay you. okay. tell them you'll charge . anyway, let us be careful of them. **scammers are also doing a mass adoption of scamming all people who holds crypto**
their site looks like it was made with a free trial of wix in a day. their twitter looks like it is run by a highschooler
sick and tired of these so called “charity coins” out to steal people’s money. this, along with all the other bs that gets shilled daily just gives crypto a bad name. thank you for calling these people out!
you had me me at “rather ride a few cats bound together” hahaha
are you the real martin shkreli seriously though thanks for bringing this to light for people.
and now you will updooted to the max
try reporting it on to help others not fall for it
i joined the upvote army. ayahh captain reporting for duty
username checks out lmao
>and i work in science: of course i would rather use the cpu of a few phones than, well, the powerful computers we have, just as much as i would rather ride a few cats that are tied together than a horse any tips for getting coffee out of my laptop keyboard?
great kick save! thanks for preventing people from losing money on a scam. i’m relatively new to crypto and bought a shitcoin very early in my crypto journey that cost me a little money.
best rule of thumb, ignore all messages
good of you go call them out on this and warning others about them. to us this is an obvious scam but new people in crypto might still fall for these kinds of scams.
literally eating popcorn while reading this. can't make this up!
i'm interested in your tied together cars as horse project... happy to donate if i get a spot in the carriage for the first journey. 😉
you weren't kidding about their twitter. i love this so much: >fact of the day a flea can accelerate faster than the space shuttle a jumping flea reaches heights of about eight centimetres in a millisecond. acceleration is the change in speed of an object over time, measured in ‘g’s, fleas experience 100 g, while the space shuttle 5 g.
> just as much as i would rather ride a few cats that are tied together than a horse nah i’d totally go for the cat option. other than that solid post thanks for bringing awareness.
thanks op for pointing this scam out, fellas this is real, if op was silent and greed, he would have allowed this to slide and possibly gain more money off people's life savings. this indeed is a wake-up call to every investor that there are abundant risks and scam coins dotting the market, do your best to read about them and get involved in their channel to know who they really are. it is always safe to invest with projects that got a solid foundation and backing from a well-known entity within the space.
i assumed all of the shit coins in the moonshot subs were scams.
thanks for putting the effort in to make this visible. this is the best kind of content to have in this subreddit.
hopefully this helps save at least one person from losing some money. if so, you are doing god’s work, friend.
huh, i use my phone for "scientific research" all the time. good job op.
thanks for your work in writing that together and warning other people. this time they would not get your post removed 👍
crypto is super cultish
this is why you do not buy shitcoins. period.
if you get down votes, do you loose moons?
i'm surprised martin shkreli is here helping us fight scammers
tldr, tell me more about these cats tied together though. seems like a good investment. i'm in.
this post just hit top of my feed with 80 comments and no karma count yet so i think they are not gonna bring this one down :)
i cannot believe anyone would be dumb enough to invest in anyone claiming to 'plant trees' with the proceeds.
what are your thoughts on picoin? it seems similar
bring down all the scammers
well done for getting the warning out there. i do wonder though how many people would be sucked into a crypto using ‘phone cpus for scientific research’. those that would are going to lose their cryptos to someone some day.
why do scammers use phone cpu mining?
people get payed to shill?? ' i be shilling in front of thousands of people for free all the time...
yikes, makes you wonder how many people they did scam successful. thanks for the heads up op
when guys with a project like this approach you to promote. you should do the following. 1. take the money. 2. don't promote or just tell the truth about the project. 3. ????? 4. profit.
*never trust anyone on the internet* -abraham lincoln
>also look at the start of the email they sent me in beautiful red, scammer 1 did not even remove the "initial contact", which i think is hilarious. i see similar posts on r
post was so good, i bought reddit coins just to give you an award lol
i checked their website, anyone who falls for something like that, although harsh, might as well deserve it, but i guess not all people are very careful and thanks to you, it is one less scam out of the pool for those people.
thanks for the heads up, i had come across their posts and initially it looked attractive, your post and their website helped me in saving my money . thanks!
front page this please.!!!! vote up !!!!!- glad you're taking them on. i took on the clucoin guys. banned after 2 posts. i asked them to prove the value and they asked me why i was negative lol oh yeah... so i support the op because coin scams ruin the community!!!
need a new sub for dealing with them jackasses.
jfc there is a ton of this coins popping up everywhere... even timmy next door is not selling lemonade this year, he is set up his own crypto.
it sounds like a mining pool software scam. when you mine crypto with 1 phone it would be like winning the lottery if it finds a block, if you have 100,000 phones on a mining pool, you will have some serious has rates. as an example a galaxy s8 can give 27 hash a second, so 100,000 phones would give us two million seven hundred thousand hashes. this would be enough to mine some cryptos with a good payout. i cannot see any situation where people would install mining software on their phones to mine someone else some crypto. why would they ?
watch out for scam mlm crypto coming from india. i got approached hard. and i immediately knew it was a convoluted mlm scam. they tried to use the selling point of, it will be stable because we are not allowing anyone to sell for 3 years after they buy it. i'm like, so you take their money, pretend they get something, and then while they cannot get out you leave with the cash. got it!
in case anyone is wondering, the sub is the same as the "coin": r barely anything there, but op seems to be right on the money.
that post where he is pretending he just stumbled on it reads exactly like an infomercial. these idiots are not even good at scamming people.
ahh, the classic streisand effect. thanks for posting.
this sounds exactly like pi network.
op crunching so many hot posts lately! good on you! :)
all crypto coins are scams. prove me wrong
plot twist: this is all schemed by op to generate moons, including opening up that hilarious twitter account
how do you buy downvotes ?
all i can think about now is riding multiple cats tied together and what that would look like. are they pulling you in a cart? or is there one big saddle that all the cats are underneath that you ride. either way i love it.
as much as i agree this seems pretty shady, i do want to comment that having a referral program hardly makes something a pyramid scheme as there are additional criteria that would be needed to get that label.
so they risk their vote bot network on a mild post to end up causing a streisand effect on their entire operation, talk about stupid scammers.
they will make a post about it and it will be public, they will not be going in people's dm for donations and partnerships
i think they tried to downvote this post too but the comments on this made it visible to people
bro, how many posts do you post, lol?
well to say this backfired for them is an understatement
name and shame those fucktard scammers.
i've only got one upvote to give, and i've given it to you
good work fellow redditor
a strong man who will trade in his moons to get the truth to the people. this is the way
maybe they will try to pay you more this time. if they offer one of the reddit snoos and you accept i wouldnt blame you. good looking out for the community.
not all heroes wear capes. thank you!
alright, let’s make people see this. wonder what free award i‘ll be able to give you today :)
police in over populated 3rd world south asia is completely useless and corrupt.
sir how can you be so active here.
surely there’s some blackhats about to ddos them back into the stone age? i’m no hacker but i can use word power... *i heard they sniff farts, pass it on…*
doing my duty - comment for visibility and upvote for support!
i guess now we will see who has more colleagues. to the front page we go.
supporting this post. voted upwards \^
holy shit hahahahahah i think this is happening to a friend of mine right now 🤣🤣🤣🤣 i did not realize you could buy downvotes, but i have seen attempts at getting everyone in a telegram channel to downvote something. i hate life hahahaha 😭😭🤣😭
apply this now to the election in 2020 and social media
i got taken by these people for . it’s been non stop calls since. fuck them.
the beauty of decentralized finance. where there is money there are thieves and you cryptocult want this space to have no oversight.
a new modern project, which immediately attracts attention. there is no such thing anymore. a friendly team, an excellent and unique idea. very cool project
good work! upvoted and commenting to say good stuff and to raise awareness. nice
well done exposing the con! we need more like this, maybe it will stop future waronrugs style antics.
thank you op. these scammers deserve to be called out.
hoping more people see this
i’m just commenting so this gets more views
great job! i love this kind of stuff. the more blatant p&d projects are exposed the more likely newbies are able to spot the telltale signs of one.
scammers everywhere be careful guys
good job man, let them face the whole community so they cant do anything!
great post. stuff these dudes
haha, what a losers
any time i get a post that hits front page i get multiple chat requests from scammers asking me to shill their dumb project. i should start saying money up front tbh.
hopefully this prevents someone from being scammed.
all in you say, got you fam.
haha fuck opishub then
here to bump this up
*when science goes too far*
is it just me or anything trees related is a red flag in crypto nowadays?
what scientific research cares about the hash power of my phone in 2021?
great work, scams like this should always be called out this way. they give the whole community a bad name. ty for posting.
this is gold: "and i work in science: of course i would rather use the cpu of a few phones than, well, the powerful computers we have, just as much as i would rather ride a few cats that are tied together than a horse" :)
droped a silver, f those guys
excellent work friend. bitches be crazy.
cheers boss, good man yiu are, may you be blessed with full bags and big profits.
scammers are the lowest of the low
you had me at riding cats... 🐈 😻
things like this post make reddit an awesome place.
ring ring fiat mining over. about to head home. vaccine tomorrow i might die. who wants my crypto?
thanks for taking the time to write this out (multiple times at that) to warn us. i'll definitely be staying away from that one
good you shared your experience
give op a damn cookie! they deserve it :3
i appreciate the information in this post. especially as some who is new to this whole thing it really gives an assist on what to look out for
not all heroes where capes
good job op, important to keep calling out fools like this.
you'll find a ton of super new accounts (shills) trying to play devil's advocate in the comments. please answer logically but do not become upset or baited. they want to muddy this water.
thanks for the heads up! good to know
this is the content this sub needs, thanks for looking out op!
scammers will always exist. they don’t believe in getting money the honest way so they take it from the weak and non knowledgeable. i have a solution for anyone don’t give to anyone work for yourself get rich. they only gamble 15% of what your money makes even if it’s with scammers because then you wouldn’t care losing it so much! mark cuban doesn’t care about the huge scam that happened to him but in his eyes it’s minuscule. very little 😕
this is one of the posts that deserves the "helpful". thanks mate
good looking out. and i get that exposing the idiocy can be fun. but, you just gave them a free critique on how to modify their scam and be better scammers.
yesterday there was an instagram model i follow pushing ethereum platinum. scamming snake. ugh “e-plat”.
same strategy is used by pi coin and people have been mining it on their phones for about 2 years. when i say it is a scam, reply is "what harm can it do to spend a few minutes everyday". you will not believe the amount of idiots who forget everything by being greedy. what a shame.
thanks for posting. i always say if it seems to good to be true it probably is.
this similar to minepi?
so like... how is this any more of a scam than any other crypto again?
thank you for sharing this. it’s good to put scammers on front street!!!
this is not big pharma martin shkreli is it?!
this is the content i love to see on here!
wait... you can buy down votes?
sign me tf up
"we're not asking for money" yes, mark. thievery is the art of *not* asking for money. thieves do not usually ask.
is this similar to the pi crypto currency that you mine on your phone?
well... looks like they will have to spend a lot more to get this one downvoted to 0.
sounds like it was created by scammers who are also children 😂😂😂
you son of a bitch. i'm in!
how about a dog coin that is backed by actual dogs? each nft acts as proof of ownership of a dog. it's whale proof because no one person could possibly own all the dogs. there would be no room. same reason it would have perfect decentralization. i could call it dogcoin. i expect a 13 billion market cap from people who thought they were investing in doge coin and i also expect peta to get upset. if the coin goes to zero you still have a pet dog. edit. woops this is not the daily. i meant to shitpost elsewhere.
they really don’t like it because by questioning their meme coin you will lose them money. i’m in the same situation where one of the devs of a meme(as opposed to promises that will evaporate when the rug comes). keep it up man, you are potentially saving many people from making a big mistake.
silicon valley literally had a whole season around mobile mining
thank you for the heads up i lost money on the last 10 tokens i bought and i have completely stoped investing in new coins because of that
eff scammers bro, thanks for the post
just entered today and learned about this drama lol a guy in the old post said this [ like his "investors"... yada yada yada [ and here in the scammer reddit. i mean how stupid you have to be to use the same account twice to first look like a "new" user and then talk about being a magnate owner of a business
good looking out op thanks for the peeled peepers.
happy to upvote the fuck out of your post!
> just as much as i would rather ride a few cats that are tied together than a horse mvp comment
vote manipulation? that’s a paddlin'
we need to scam the scammers
this makes me more sus about pi lol
the only way a "mining" app gets on an official app store is if it is not really mining.
ha, i did the same thing to sky coin awhile back. nobody paid attention until the idiots started being assholes about me calling them out and then everyone noticed.
great post, but an even greater question is - is this the real martin shkreli
you make a good case, and downvoting you after offering the opposite also shows lack of redditor awareness on their part. that is dirty play. thank you!
does anyone know if pi is legit? they also use phones to “mine” but haven’t really released much about their code or what they are actually doing.
sold 15% my qnt's for just incase dip
that's what they deserve actually!
thanks for helping some of us old folks who are just starting to figure this stuff out :)
glad to see this is still up
they'll just rename it and start over again. i'm afraid all this will change nothing. scammer bitches will stay scammer bitches and idiots will keep investing in scam projects. cycle repeats.
i have learned a lot from this sub, and i would say the best lesson i've gotten is to be wary of everyone that contacts me via pm(hell, ive even been hit up on instagram via dms) regarding my lucky selection to participate in a project, because it is probably a scam. thank you all for that. now, about this eth loan in the comments, tell me more...
thank you for reposting this so we could all see it.
good call. for me, the first red flag is usually poor grammar, and they have it in spades.
people just dont care anymore if somethings a scam. just as long as they can unload their bags of worthless trash on some other sucker quick enough.
well ty for sticking with it to get this noticed, i get a ridiculous amount of offers from people on reddit and thiscord to shill for these scams and get paid by either free shitcoins or supposedly eth and bitcoin. i deleted telegram because it seemed like it turned into basically 99% scam and maybe 1% legit info. at least once a week some friend will either call me to ask about some coin being legit or call to give me the great news of a new opportunity to invest in something they saw on twitter or youtube, because if it was on youtube it must be legit right? lol
i want to see them buying 19k down votes now
up up and up with this post! this dude feuds. he's doing good too.
well, that is what i call a hero. thanks man
man people will try to scam money outta people anyways way it’s sad really get a job lol
lmao let me get this straight, they tried to short your votes and basically got squeezed out?
good looking out with the psa. thanks for the heads up!
oh thank you for awaring us bro
is that what is calling "the streisand effect"? well played, op and to the scammers. well done, you just played your self. keep it up
can someone please recommend a good wallet to store my btc and eth
coming from the pharma bro who financially raped people 😂😂😂😂
so many scammers out there ,i got scammed myself for 100 by a so called company called forexempireltd they got me with the signal scam tactic
this sounds just like your opinion and i don’t see where the scam part is. so what they pay people to advertise their product and for upvotes? millions of companies do that that aren’t scams.
who? what? no we don’t want to join jehovas witnesses. world already witness plenty on my behalf. now shoo i’m in the middle of pornhub!
why just not ignore them
i am not sure if you are able to judge it
remember 90% of people on reddit are losers and have nothing better to do then to downvote others opinions. society is a vicious group, a group that will shun and shit on and belittle if it is not to society's agenda. if it do not fit the narrative of what society expects today then you will be shunned and casted away like a black sheep. but here the thing you should tell your self, its better to be a black sheep and an individual then it is to be a regular sheep saying baaaaaaa all the time and not think for them selves. it mat be easier to go with the flow and be a drone then it is to be an individual and be some out side of society's box. fuck the mass majority of people today especially in america were the biggest society bullies live.
this may be a bad example, but the guys that put in real good time and efforts can unfortunately scam a lot of people out of a lot of money
wait where is that coin listed?! it seems super legit...which is a normal everyday thing to say while i'm here... sign up for rug yank token! , and 1.5 googol were instantly burned, doxxed, and filled with cheese. founded by bernie madoff, ken delay, and the theranos lady with -to make sure it is all the way in- this the future of ponzi-chain technology. not traded on any exchange get in while the grind gets you ground floor... just dm me every account number you have...scout's honor one of us will be rich
i will upvote because it’s also a defeat for that scammer to over weight us in against our upvotes. i hope i get some karma for my good deeds because i would love to share and post in this subreddit. keep up the good work you lovely people.
you are such a generous person!! 💙 do you want my seed phrase too??
hey opishub. i am a nigerian prince. lets talk.
hey, no worries i'm happy to help! only issues is i have the . can you send me ? i'll send you .
i'll undercut you bro, just pay me 'll transfer you 2500 eth
take all my money!
trying my best, thank you!
yeah it is a good reminder to not even reply to these scammers and never share you seed phrase or send money to anyone online.
definitely, some gullible could easily fall into these traps
they actually ask for money?
doge is still up there you know ?
or they are just lying and won’t plant trees or buy carbon credits because their product is nonexistent.
ecosia is one of the few i’ve seen that actually provide detailed proof
thanks for the great additional information! although i think it is likely that they wouldn't do either but just nothing at all in this case ;)
i'm curious about carbon credits being another kettle of shit if you can enlighten me. thanks!
great info! ya learn something new every day!
what's wrong with the carbon credit system?
but did not you need the horse shit for the trees?
same goes with "recycle to change the world." like, yo, sort out how to do things at sea, and stop private planes. let me have my straws.
yeah saying they will do a lot of charity or giveaway is a definitely a red alert.
does this include the treeapp? i've been planting so many trees this year :/
yup. sociopaths will sociopath.
i do not know where you live, but if i recall corretly, in spain, every big company have to give % to social causes, envoirment, etc...
depends. there are definitely some where it’s part of their business model. i mean i can’t say definitively for sure since i don’t travel to those places, but they definitely show where it’s planted rather than just saying they do it
at least horse shit helps fertilizing the soil, they are probably talking toxic waste
beyond this the permanence is also a factor, if the trees are planted but the land it’s on isn’t protected long term, there is no benefit.
eh, teamtrees donates to organizations that plant trees. afaik, anyway.
so is ecosia doodoo caca?
they wanted to pay me 10 usdt out of their £3.5million budget for the initial post ;)
nah just get them to send 1 btc to to an address and you'll send back double
and that is bringing some dust onto cryptos' name
> scammers are also doing a mass adoption of scamming all people who holds crypto yeah since i joined this sub, i suddenly get som random strangers with 0 karma trying to contact me on chat.
i got a message yesterday from someone from some "support team" asking if i've verified my wallet with them. i gave them my super secret wallet address.
> their twitter looks like it is run by a highschooler 100%, but maybe it is?
[i have no words](
that is science, baby!
cows don’t look like cows on film
mewber (mbr), moon soon?
upvote so everyone can see. worth it if it saves someone from falling for it.
i was here before we hit the front page
even if my folio's crab walking, up with this post
yeah i find it confusing too. the same guy who would have happily let people die so he can price gouge and went to jail as a wealthy person because he was so insufferable that even other wealthy people did not protect him. that same guy is warning people about scams. tbh if i were running a scam, and knowing his past history, he would seem like a pretty good option to promote it for a few bucks. i guess it goes to show that people are very complicated and real life does not have "bad guys" or "good guys".
i thought it was legit him haha
>martin shkreli, called "pharma bro" by some media, is an american former hedge fund manager and convicted felon. lmao
cats, i would never use cars!
hope you have a great day!
hope you do well!
they like fleas i think
fleas! \*\*smacks forehead\*\* why did not we think of that?! \--soviet space program
>nah i’d totally go for the cat option. duh
> it is always safe to invest with projects that got a solid foundation and backing from a well-known entity within the space. nothing is ever safe in crypto tbh. just safe**r** than those scams
i assume so too
let me phrase it like this: buying downvotes to get this one to zero would be much more expensive ;)
there's only one project i've seen that is remotely trustworthy on the trees front, and that is spe on the bsc. it's the only time i've seen actual ngo types involved in crypto. so they are out there, but most of the time, yeah, it is complete bs.
probably just wanting all your data on your phone someway ( your phone can have much more valuable personal information than your computer).
because people do not pay attention to what permissions they give these programs. now they have all your saved numbers, facebook, emails, and can even make calls using your phone.
yes. celebrities get paid for that all the time and i've been offered money quite a few times as well - no idea if they would have paid though
not many yet i think, at least on social media they are still really small
> 1. take the money. nah. doing immoral stuff to immoral people is still kinda shitty
it was jesus. but yes, trust no one on the interweb.
really glad to hear i could help even a single person!
it already hit the frontpage, which is crazy. if they had not bought those downvotes the original votes would maybe have gotten 100 or 200 upvotes, now this seems to become my most popular post ever
i mean, their scam has a sub i think ;)
because the scammers make it look like easy money i guess
i think he is mad at me for posting that, he blocked me :(
it would have been a post with 100 to 200 upvotes, now it is on the reddit front page. lol.
nonono, as you can see [here]( scammer 1 clearly states pi network is a scam, while opishub of course is not ;)
yeah it is weird! thanks!
such an edgy take
that would be 4d chess... and really, really not worth it ;)
you pay some providing them
it is hilarious how it played out. they would have been completely fine if they just ignored the post
hey, do not be unfair here, you cannot compare that. because bitconnect were successful scammers!
this is not youtube ;). but thanks!
comments for the comment god!
i personally just hope they fail with their scam to be honest ;)
no you have not
how, pray tell, does one become this “black sheep” you speak of? i am currently a loser, but would like to be unique and worthy of admiration for my social bravery. i just don’t know how.
it's not much, but it is thishonest work!
if you think that is kind. you should see what i can do for you. i'm a nigerian prince.
well alright then. and say hello to your mom, what's her maiden name again?
im the guy calling you from india to tell you "the irs wants you to pay your taxes through an itunes gift card before you go to prison" 😄🤣😂😆
you guys are cracking me the fck up! lmao. have they responded in this thread yet? im looking but i dont know whos being a smart ass (well i can kinda tell) and whos genuinely trying to screw other people. to the scum, sincerely get fucked :).
hey there you are! you still owe me tree-fiddy!
why dont you send me some 5 dot so i can triangulate it all the way back to your wallet to help you unlock your eth?
perfect ! im using this on the next scammer who approaches me
their claims are crazy. having said that i am sure some people would have been sucked in even though it sounds too good to be true. i am sure you saved a lot people.
doing gods work mate, keep it comin’
keep it up! you're doing good.
meanwhile, can you elaborate on ‘bound-cat’ transport?
nah your a real one
you’re doing a god’s work. thank you for trying to warn every one of us on this subreddit. enjoy my gold award op ! if only they were more kind hearted people like you in the world, it would be a better place.
good man stuff, thanks for bringing this to light!
can you tell them i’ll shill their coin for that sweet payola? just cashapp me : bigdickdangler and no, i won’t accept their shitcoin as payment.
that is true. it's easy to say you do something.
people never cease to amaze me
in the uk, very much yes, they have to state if they are working with someone or if they are planting. also if someone or a company states they will do it... then yes, because they said they would.
the majority of them do exactly that.
well its effectively the same thing, but you can trade them like stocks.
a scammer also contacted me to promote their shitcoin and he offered me , your scammers are poor.
i was always wondering how much shills get paid. is it ? that's really good money edit: autocorrect
what are they smoking? 10? these guys doesn’t have respect and backbone even when it comes to promoting.
that's a lot of dogecoins!
why are people that much kind????
*\*insert jesse's voice\** yeah science, bitch!
yeah? well birds are not real.
they pretend to be british and i have no clear reason to think they are not (i just have no idea), so they might already be awake ;)
but why? everyone worth their salt knows that weasels are better suited for that task in every conceivable way!
thanks, op for pointing that out, i see we got a lot of risks lurking within the shadows. i feel as long as these 'safer coins' updates their security they are safe, but this never rules out the place of one doing his research on them.
(a compliment, i promise) and are active here all the time. so any negative karma will hopefully be counteracted by the fact that they are very active and do not just post dumb shit all the time.
here's a piece of advice, my friend, never get into something that you do not have at least a basic understanding of. i take this as a general perspective before i do something that might backfire. before i put a cent in crypto, i did a lot of research, took some courses regarding investing in general, and did paper trading with the cryptos i thought had potential, i did not just see some coin on some promoted post and put my life savings into.
true though tis foolish to think you can make anything from a phone, even if you joined a mining pool the pay out will probably be 0.00000000001%. i would be worried about their software data mining too, their webpage almost looks ok. but their twitter has stupid facts of the day that would only amuse a 15 year old, maybe thats who they are targeting. 100,000 teenagers who dont know better can earn you a decent lump sum.
yup, probably buried and forgotten. now i, that do not know jackshit about anything, know about them. lol
true, it is just the referral program reminded me so much of bitconnect. wonder what cryptonick has been up to...
oh yeah no i don’t delete posts unless i realize i’ve said something incorrect or stupid or something, but i respect you for making a post that got attacked, turning around, and making that same type of post again… i know moons are the main point but just let me compliment you in hyperbolic, war time quips
i think i just really want a snoo. i have not checked the price recently but they are going for way more than what i would consider reasonable. glad you have more morals than most celebrities shilling coins.
dude, i think your bot is broken...
i know, i’m just being silly. kudos on doing your due diligence though man. i really hate seeing people get ripped, it only weakens average persons view of the space as whole.
non stop calls from london say otherwise…
i see you're a fellow veteran as well
its not much, but this honest work*
eth sent, please do the needful sirs much thank
i mean at least you are honest about your thishonesty lol.
what happened to dirty deeds done dirt cheap?
how's it going in nigeria?
his mother 's maiden name is extremely important for "scientific research "
i pmed you! thank you for all of your effort! satoshi bless you!💚
i live in a camper but i think my utilities are being turned off and a bill collector called on me.
sorry, if i had any dot i'd send it to you for free to keep.
i think if you do not know that these are classic scamcoin promises and that they pay people to shill it, it might be believable for some people, yeah
unfortunately, i have my doubts much will happen
i just linked this article on every opishub post they have made so far. there is even r
you mean most of the posts in r??? how dare you!!!?!!?!
that's why governments always ask for it in writing.
isn't that the point though? we all share an atmosphere so i do not care whether someone offsets their own carbon, pays someone else to offset the same amount of carbon, or even pays someone else to prevent the same amount of emissions in the first place.
maybe you're just cooler than me :(. but yeah, i've been offered more in the past as well
i think most of those scammers are from 3rd countries which means . for example most people in my country earn around +10 hrs.
not sure why but on etoro, users coming from the uk are also the most spammy and scummy... must be a lucrative mo there.
just entered today and learned about this drama lol a guy in the old post said this like his "investors"... yada yada yada and here in the scammer reddit. i mean how stupid you have to be to use the same account twice to first look like a "new" user and then talk about being a magnate owner of a business ' i just got a reply from that scammer and he said he was working for a friend for free and got a job offer afterwards wow if getting a job in 2 days from a no one would be that easy
[in september 2015, shkreli was widely criticized when turing obtained the manufacturing license for the antiparasitic drug daraprim and raised its price by a factor of 56 (from us.50 to ). in 2017, shkreli was charged and convicted in federal court on two counts of securities fraud and one count of conspiring to commit securities fraud, unrelated to the daraprim controversy.[3] he was sentenced to seven years in federal prison and up to .4 million in fines.[10]](
are there other types?
you sheep still think that weasels are most efficient, wake up!
i'm op, i did not fall for this and would never fall for something like this. i just think people do not deserve bad stuff happening to them because they are naive
>tis foolish i mean yeah, sure
i think it is just too young still and only i see them, about 750 currently
looks like it, never had a post grow this quickly, we're at 1000 after 2 hours
i love this coin so so much.
i'm a paradoxical kinda guy!
nigeria i used to live there man!
holy shit it worked! fuckin score!
bro just send me 10 eth and i'll send you back as 100 eth. i need no money. i just want to make people happy.
can i ask if their platform does not ask for money how can it be a scam? like i "mine" picoin and it is like... exaaaaaaactly the same thing. invite people, "free crypto" blah blah blah. my understanding of the picoin is that is not a real coin yet (tm) buy could be in the future and for that reason the faucet they give is worthwhile, just check in daily and click a button. their app does not seem to actually mine anything, and they tell you that. just curious what i've gotten myself into here or why i should be worried as it seems pretty low risk.
you guys just accept your mods are literally paid shills. you guys are awful
thank you. it's thisappointing how people are so quick to take advantage of another human.
they should have it transparent and public and they will never ask the donations in the dms
thats the thing. nobody knows if they are planted in the end. company pays the money and its very difficult to figure out if trees were planted or maybe even protecting existing forests. its a shady world. i think there was a planet money podcast episode on this a couple weeks ago
why? it's not particularly difficult
nah man you're definitely way cooler than me, you post a lot of quality content in this subreddit which i can never do.
doing a 100 posts a day is probably around 10+ hours of work (because they need to be well crafted, as well as replies to proper posts, not just random ones). but that is ,000 per day, and it is more than i make
dump the tether into the sea!
were already here and, like van darkholme, we like we see.
nah, we're just standing funny...
the law stops their competition from being a problem there i guess.
yeah i get that i just mean like does that person really think that op is martin shkreli? because it sure seems like it and does not seem like sarcasm...
i would not wish that upon anyone either, but what we wish and want and what the reality is are a total different things. i been scammed before, out of crypto, i learned the hard way. people should be careful, that is what i am getting at.
people really thislike scammers.
yes those are the first batch. last time i checked the top 1 was at 2 eth and have not met the reserve price yet. it looks like reddit found another successful revenue stream.
soft people. you leave no mercy for someone who was about to finish you off.
masquerade website shilling a cryptocurrency investment pre public trade. a digital crypto that could rival the chinese yen was how i was sold. even called me and walked me through a web trader account opening. i was stupid and riding the crypto hype train because of doge going crazy. i wanted to believe in the next craze enough that my brain shut off momentarily.
cues music *vet gang vet gang vet gang vet gang*
are you a god?
yup and ima keep laughing 😅🤣😂😆🙃🙂😅🤣😂😆
that sounds good :). but i cannot pay the gas fees :(. can you maybe send me some eth so i can send you my 10 eth?
one of my friends tried to get me on that. i told him i've done a 'coin' like that in the past, it fizzled out and we'd all wasted our batteries before it came to fruition. he said "oh do not worry it does not cane your battery at all". so my next question was... ok, so what work is it *actually doing*? if it is not caning your battery, how is it 'mining'?
i have the pi network app and open it every day. i am still very much convinced it’s a semi-elaborate scam but i don’t know to what end. they pull in money by having pop-up app ads but you supposedly can turn it off (i still get them). however they do keep it updated and seem to be following a development plan to get to mainnet. it has a test net where users can run a node. they are currently in hackathon phase trying to work out bugs and security issues. they regularly update. so it may be a scam, it may not be...
the land you'd need to do it if you have any sort of userbase seems really steep
should do this anyway
ohh, i assumed op is him as well. who would want people to think they are martin shkreli? even martin shkreli probably wishes he was not himself.
but you said they deserve it. i just contested that.
that is good i guess ;)
because saying things like that anonymously on the internet makes you seem like some edgy teenager with anger issues and power fantasies. i'm not defending those scammers in any way, your reaction was just cringy.
just a ubiquitous mortal
😄🤣😂 and probably some btc for good measure 👍
it is not, it is closer to a faucet. chances are 99.9999999% certain it will be worthless if they even reach main net. their whitepaper talks about bringing community on board (that is just like pyramid schemes yes but still free, so that is a thistinction) and for bringing people in they increase your payout. the coins are not backed by anything and currently have 0 value and the only reason they give you some is to keep interest. i believe the app is mostly a marketing ploy so that when they do (eventually, maybe?) launch the coin that the couple thousand i have might be incentive to add to? i'm not sure. the main thing is the app does not mine, that is why i put it in quotes.
daily here too. i do not think it is anymore of a scam than a shitty play store app that feeds you ads. skeptical about the implementation, they say will it will reach mainnet soon... so we'll see if the coins we "mine" are actually able to be put into a wallet and sold on exchanges. i do not think much of it, either it will be something or it would not. none of my data is being compromised.
is the source code open? i see that as a simple indicator of their true intention. closed off and you can’t join the project as a developer? suspect… open source? check the code, see where it’s “phoning home” or otherwise communicating in a centralized fashion, and go from there.
well yes but the trees do not necessarily have to all be in the same place ha. there's lots of councils who would jump at the chance of somebody else planting trees in their city, or in parks, or join up with other businesses doing similar, etc.
...before it is too late
>even martin shkreli probably wishes he was not himself. lmao that is funny as fuck
you do not have to worry, i'm a mall ninja. but one i can assure you, if you will helplessly fall as a victim to some scam fucker because simply you have no clue how internet works, i can bet your frustration will exceed my levels.
thanks 👍 reaction is all what we need to fight those bastards. i went as far as traveled to another country and applied for a job in one of them scam facilities, worked there for a while in a cover, to find out as much as possible, to get names, i recorded every single meeting and recorded every single training they were setting up. network is so deep and dark, that legally it is very difficult to take them down, pretty much most of the unregulated entities use fake names for every person. in the office you call each other in that fake name and personalities are thisgusting, money greedy and thisgusting pretty much all the owners know each other and are well connected. what a twisted world
trait of neurodivergent minds is to express express something that’s happened themselves that relates in a means to relate to another
but hasn’t the price never recovered from its ath years ago? i could be wrong.
if the app doesn’t mine, what’s it doing with your processing power? does it have access to your mic, your camera, your pictures, your files, other apps? my brother and sister in law “mine” it and are hell bent that their crypto analyst friend wouldn’t steer them wrong. i keep trying to explain that nothing in life is free and they are being taken for a ride.
this is true, that we know of. we could be allowing data that we don’t know about. just like those photo transformation apps that supposedly were russian made that gave access to the entire phone.
you're not making it sound any easier. in fact collaborating with councils sounds like a headache
it's not using your processing power, the whole point supposedly is the community. i could open the app and then turn off my phone for 24h and be at the same point as if i kept it open. app permissions are only set to contacts and for the longest time i did not even give them access to that. you know when you see trending posts from cryptomoonshots et al about "best community" type crap? well i think these guys are *actually* developing a community. like it is pretty big, they have 18 million people opening the app daily if i recall correctly. i think the reason this will work out for them is the picoins they are gifting us will inevitably be worth fractions of a cent. so they make decent ad money, pretend to be working on getting crypto to the masses, and that is kinda it? i do not know. i'm just asking how i can be scammed when i have no skin in the game.
it's really not doing anything with your processing power. it seems like it insets a placeholder stating how much coin you have. that's why you can turn your phone off even and it will still "mine". like it was said above it is more like a faucet than mining.
you think the people at stanford are really doing that tho. im not thiscounting it... but if something like that were to come out, stanford would be public enemy
i suppose it is very location dependent, my local one are lazy until you offer to do something for them, then they are very efficient.
could those apps be leverage for a bot net? i see that as a potential possibility depending on the permissions of the app.
you've given me more insight and answers than my family has into this coin. thank you! as for how you can be scammed when you have no skin in the game, i feel like there is skin in the game, it is just a matter of figuring out did you accidentally zip your sack after taking a piss or did you get a paper cut trying to sign the farewell card for your favorite coworker.
what bugs me is the team using the term mining a bit fast and loose.
i speak for everyone when i say: you get what you fucking deserve
they had it coming, the shit they pulled with gamestop was outrageous and they got away with it
and they are up 10% since they ipo'd 3 months ago... this post is dumb as fuck, of course they are down 41% from the cherry picked all time high, that shit literally pumped 120% in three days. i absolutely hate rh but this is such a dumb post
and that is good
i do not care about rh, but most ipos when they come out spike and then drop. rh is still up from launch and went up almost 2% since early this morning. if they ever release wallets, it will spike again.
you get what you fucking deserve
not really down 40% …. ipo was ….
i deleted the app. i'm doing my part
the ceo still needs to serve prison time for manipulation and fraud. if martha stewart can get prison time so should that fucker.
down after it pumped like crazy after listing like other meme stock. nothing crazy about that. still above ipo price see [chart]( this posts title is very misleading the high price was never based on fundamentals.
down 40 percent from ath which lasted about a day when the stock was parabolic. lmao in general the stock price is doing fine this shit is so hyperbolic on purpose
it’s still up 10% since going public and pretty much flat for the past month, so it’s been doing ok.
misleading title. it's been pretty stable around -50 besides that short-lived ath peak at .39
title is a bit misleading but whatever makes the circle jerk happy
vlad still got his billions he do not give a fuck
fuck robinhood. get off the platform!!!
this post is dumb and misleading, commenters are dumb and mislead in their hatred for robinhood
are you taking about ? i have it at .68 august 2nd close and is currently .07. my math could be wrong but it looks like it actually went up a bit over 10%. now if you are talking about when it peaked in august, yeah it’s probably down 30-40% but most ipo’s (80%) are worth less than initial cost after 2 years. cited from the intelligent investor jason zwigg edition. edit: fyi i don’t care for robinhood and am not defending them. but i am a fan of accurate stats.
well deserve hahahaha now fck off.
things you love to see
still better for them than going bankrupt from not stopping gme trades, they still deserve worse
you am not the brightest if you still use this shit
which is funny because there was a report a little while back that said if they lost their crypto trading it would make a substantial impact because it’s crypto accounted for 50% of revenue in q2 and 30% of that was just doge. not looking good for them which is good fuck em.
us roasting is helping i guess haha
fuck robinhood! justice is served!
fuck robinhood. and vlad.
anyone know how to close an account if there is only a few cents on it? they wanted me to do a whole like bank transfer thing but did not really want to give them any more info.
good used to use this but then i grew a brain and actually wanted control of my crypto.
suck it, vladimir tenev
lets hope they get what they looking for.
fuck robinhood, but they are not down 40% from ipo, they are down 40% from the random ath spike they had. they are up 100% since ipo.
started crashing and burning with the whole gme fiasco. trust is a big name for entities operating in the investment asset space and they lost all that.
so is it mainly the gme thing that has people so pissed off at rh? or did they do other things? the gme bullshit is enough. just wondering if i missed something else.
as much as i thislike hood, it is very common behavior for ipo. they jump up at the start and then go down. similar happened to facebook, but look at them now.
you deserve it *clap clap clap clap clap*
“when i was a boy in bulgaria i knew one day i would get what i fucking deserve”
when the people loose trust in an business to do the service they are supposed to serve.
this makes me so happy haha. these people are the worst.
capitalism working as intended. they fucked around and now they are finding out.
their scummy order flow selling business model got exposed. i'm so glad they are paying for this.
don’t matter. people will forget just like everything else. people turn 18 every year. new traders every year.
shib listing is the only way out.
i hope the company gets fucked even more.
they removed the buy button. fuck em. i keep 1 at&t stock with them just for the interface and checking in on shit. moved everything to vanguard.
they still owe me money from that stunt vlad pulled. otherwise wont forgive and would rather pay money elsewhere than ever use their platform
yea the gme and amc thing kinda fucked them.
reap what you sow
thank you! sweet sweet karma. sweeter than honey! i swear.
they thisabled buys while simultaneously allowing sells during the gme run-up. that's direct market manipulation. fuck robinhood.
i'm very happy about this news.
robinhood deserves this for what they did earlier this year. what do people use as an alternative to robinhood?
where is this information coming from? i'm no fan of rh but their stock is up 20% ytd.
this economy is rigged, america has no ground to stand on when it bitches about a rigged markets abroad after the clearing house nonsense that happened last year.
good. i hope they go under.
imagine my shock. no one could have ever predicted.
good. screw robinhood. thieves.
vlad tenev during interview: “ guh, my name is vam-perre”
good tits, love the headline
good, fucking suck it
probably why they will add shib. they will get desperate
this makes me happy our **fuck robinhood**s are paying off
should be crossposted to
that will change once they support shib
*finally, some good fucking news*
nothings better than seeing a piece of shit company slowly fail
down 41%. hope someone managed to short it on robinhood. give em a big old fuck you.
yeah because it’s a dog shit company. not even a real crypto wallet.
it is not just due to amateurs jumping ship, people are coming to their senses and leaving because **robbinghood is steaming hot ass garbage**.
now let’s hope they get stuck with these bags of shib.
and a special fuck you personally to vlad
should’ve never blown up in the first place
robinhodl not your money anymore.
and i got banned today from the rh sub because of warning someone to get the hell out of there :)
fvck robinhood. these guys steal from the poor and feed themselves
sad part is plenty of people still use it
well deserved. fuck robinhood
not because it has not been said, but because it cannot be said enough: fuck robinhood.
congrats to all the players who shorted robinhood
well robinhood is a piece of shit so theres that
this warms my heart. fuck robinhood
good. robinhood, unlike the "real" robinhood, robs from the poor and give it to the rich.
when does the ceo get arrested? that’s all i care about.
this does bring a smile to my face.
damn, that’s great news! lol
i guess not letting people sell or buy stuff on an app meant for buying and selling was a bad idea. who knew 🤷‍♂️
who knew fucking with peoples trades would bite back?
fuck robinhood. i'm proud of everyone of you.
ouch: a real world example of a company screwing its customers and paying for it. hear that, apple?
this makes me happy. robinhood sucks.
this makes me pee pee tingle
i really thislike that whole gme thing. to me it looks like wall street bros pumping a bunch of 4chan kids obsessed with slurs. but i learned to never download robinhood from them so there is that.
fuck robinhood they can lick my nutsack. i hope one day i run into vlad because it is one of my bucket list to call him a piece of shit. my number one bucket list item is to run into ken griffin because i would love to give him a piece of my mind. then i could die peacefully.
that just makes it easier for me to purchase. i love you dum dums.
good. i do not feel bad for robinhood or their stock holders. it's a shit company.
let me get this right??? you picked the market high, compared to where it is at now... and then called it down 41% since august which is still above the ipo price. i mean the headline is not wrong but it is all sounding like a click-bait article for the likes
this makes me happy as a nice green candle
thats the end of each bubble. pooff
awh what a shame 😂
rh is trash, move to better platforms
will you use their wallet when they release it?
yet for some reason there is a plethora of people on this sub alone that still use it.
i wonder what % of new traders use robinhood for ease of use, while not being aware of what they have done in the past and are not influenced by social media forums like reddit echoing how much they suck to deter people from using them? this is huge for forecasting crypto runs like .
as it should be! they have shown they do not care about their customers in thr slightest.
the market stalled and dipped. wait until the next btc big push and there will be a new influx of noobs dl’ing rh
>80% less app downloads still too many downloads, no?
i've still got a little bit on rh. is there another app that functions the same way? i've got some stuff on coinbase but that is all super long term. i do not like how i cannot see my total gains or the fee per purchase. basically, is there a robinhood that is not robinhood?
reddit’s battle cry: fuck nestle! fuck robinhood! fuck facebook!
warms my black heart.
today and tomorrow and any day : fuck robinhood
i'm glad the bunch of bastards are on the downward slope!
good. fuck robinhood fuck vlad
seems like folks read the memo? hey vlad 🖕
robinhood deserves to be down to 100%
you get what you fucking deserve... ...but lets face it they are probably rich as fuck.
good. and now let dogecoin die too
who are they calling an amature!?! i'm just a poor pro.
this is the way!! jajajaja!! fuck you rh!!!
why would anyone use this shit
fuck robbindahood to infinity and beyond.
for this i am happy for.
just what we love to hear. since they like to drive companies into the ground, let us see how they like a little of their own poison. lol
chat shit, get banged
this is another reason they’d list shib. to get those downloads.
after the gme debackle, i did what i could to educate my friends on how to manage their own crypto every time someone mentioned robinhood, the whole point is to be your own bank. we do not need a broker. especially not one that is *known* to be shady.
you reap what you sow.
robinyagood obviously deserves this with all their shady behavior robbing from the users to protect their citadel partners.
they asked for it 😂
robinhood has clearly shown who they work for and care about. definitely not customers!
you've made your bed, now you must lie in it.
anything short of prison is then getting off easy.
has anyone transferred eth off of this...i was waiting to hold for over a year before selling.
welp. that's how the cookie crumbles...
what goes around, comes around bitches.
great news! they fu*%# with their customers in time of need…they got served what they deserve!
robinhood had the market and the buzz and they squandered it 100%. they get what they deserve there. the only shitty part about this debacle, is that they started offering something very much in need as the investing still poses a regressive “tax” for lower income folks to get into investing. 10$+ per purchase or sale for someone that can only put in 50,100. these no fee brokers are amazing for this but i fear that this trend might stop it big banks see that there not enough money to be made and stop offering this.
they deserve this. they legit screwed the little guy over massively.
fuck robinhood everyone involved in the gme stock crash collusion deserves prison time
nice. let us drop it even more.
good riddance. robinhood is for newbies to investing. i wouldnt even buy stocks there. 1000% not buying crypto there even with wallets activated
well "amateurs" are very clever. stay away from that shit.
cuz fuck ‘em’, that’s why
all my homies hate rh and my homies is everyone in r
ya i pulled my doge and deleted that crap
oh, i'm so so very sad about this.
actually on social media every one speaks against robinhood so no one dares to download its app
this is quite a pathetic post. coinbase has the same chart is well.
they get what they deserve
that’s what you get for fucking you’re customers with there hands tied.
finally people realised how shit is that
i want vladimir tenev to be forced to do an ama by his shareholders where he gets chewed out by all of the customers he fucked over, and the general public at large.
robinhood would be the most meaningless and shallow way to interact with crypto, anyone with two brain cells to rub together quickly feels wanting to do more than speculate.
fucking amateurs *scoffs in dex*
as much as this excites me i don’t believe it’ll stay down until there are real competition from other apps to lure users with a user friendly interface like robinhood
you do not even need an article to know robinhood is going down, both as a company and a platform.
can't wait for their wallet to come out so that anyone that is still using it can take their money elsewhere
you love to see it
no one is one bit surprised by this. vlad, i hope you choke on it.
not a big fan of robinhood but i'm looking forward to their crypto wallet
hum, i wonder why robinhood fell out of favor with investing "amateurs" ?
that's awesome, fuck you robinhood
stay the fuck away from robbinghood
good. let the hate flow thru us.
oh no... who would have thought that actions have consequences ?
unpopular opinion: just kidding, robbinghood sucks
finally, some good fucking news
you mess with the bull, you get the horns.
on a side note, not your wallet not your coin
this is de whey!
you sleep in the bed you make. maybe their wallstreet buds will bail them out...oh right wallstreet gets bailed out, not the other way around.
i was really close to using robinhood until that whole gamestop. thank god i did not.
not enough. burn it to the ground.
dont buy this dip! again dont buy this dip! fuck robinhood!
when i first started buying crypto i purchased bitcoin from robinhood. i stopped after learning that i was not buying actual bitcoin. i’ve been holding it in robinhood waiting for the end of the year to sell. does anybody know what implications if any this would have on my holdings?
i have all my crypto on robinhood and don’t want to sell because i got it so low during march 2020. is there any chance of me ever transferring it off?
cool but we know they’ll do some virtue signaling, slowly increase their daily active users over a year and be back unless people have some class solidarity and hold the line.
they say do not masturbate to porn , well...
dang. robinhood getting robinhood'd.
good, never liked the app or their business model
you cannot get mad when you call yourself robinhood and then robinhood shit starts happening to you.
best news all week
that title is insanely misleading. the stock is up over 10% since ipo. it had an initial jump and is down from that initial jump where this article is cherry picking the peak to choose when to start its downfall. additionally hood is up this 4% in the past month. damn guys.
\*robinhood fucks over thousands of people\* \*customers leave the platform in droves\* robinhood: 😲
ah that is great news. happy for them. let's hope they have a shite 2022
i want to watch it implode
imagine not letting letting people use your service for the only thing they wanted to use your service for in the first place and being surprised that they do not want to use your service.
app downloads just indicate who is downloading it. they do not indicate who is using it. 80% *fewer* app downloads just means it is growing less. it does not mean that people are not using it.
webull is so much better between the free apps, let alone all the various defi . i'd rather have control over my crypto in my wallet first and foremost though.
the doge boom is over and so is rh
well well well... am not these are consequences of their actions
i use robinhood for crypto purely for the convenience. what is the best option to move over to if convenient and easy to use are the biggest factors for me? should i just use coinbase? thanks
finally... very well deserved
fuck robbinhood all my homies hates them
voyager is much better than robinhood
would it be ironic if people shorted robinhood stock?
i stupidly bought doge through robinhood, and at .67 too. i'm not very well versed in crypto and stocks and whatnot, but if i read correctly, i cannot transfer that doge out of rh? so my only options are to exchange it for a loss or just wait it out? i'm no longer comfortable having any ties to rh.
this just reminded me to deactivate my account. thank you!
why would anyone use robinhood for buying crypto?
fuck robin hood they just rob the hood
oh no, i feel so bad for them... sike! i do not feel bad at all.
love to see it!
simple common sense: there's no brand loyalty if you're new, so do not act like scum.
fuck robinhood, but this headline is dogshit. it's opening valuation was a lie from the jump so it is not "down 41%" it started on a lie.
would probably go up if they would list shiba coin already
this has more to do with that quarter-long crypto
do you think this had anything to do with them finally deciding to implement the capability to withdraw your crypto from robinhood?
thats what happens when your robbin in da hood...
just wait until there is a bear market and they figure out they cannot short on robinhood... but they can on just about any other brokerage.
fuck you robbinghood. no one's falling for your shit anymore. can't wait to watch the shitshow battle of the bitches between vlad and kenny.
who here fomo'd at the ipo and bought at ath?
i'm not a doctor so take what i say with a grain of salt; fuck robinhood.
we should shut down robin hood useless app
when i was a young boy in bulgaria ...
so they fucked around during their ipo, and now they’re finding out?
down from the very obvious pump lol its back to the ipo price, which was generoua
this made my day! i won’t touch anything their apart of. hope they burn to the ground 🔥
the power of the consumer at work! keep up the good work and stop facilitating these crooks!
because they can’t be trusted
best news i've read all day!
i love how the article mentions nothing about how they have been caught lying about screwing their retail clients over gme, ect., as if it had no effect on their stock valuation.
so vlad was swallowing kens load worth it?
i like this news!
good! still a long way from 0
when robinhood and robbin the hood is not the same thing.
robinhood is trash and im glad people are realizing this. stay away from robinhood
lol it is down 7% from august the f you talkin about
when you see them get what they fucking deserve.
does that mean there is high chances for them to shine again soon?
this reminded me to deactivate my account. nice
oh well, who would have guessed huh?
whoop 🥳, now do coinbase.
sign up, get your free stock, sell it, cash out, uninstall app. one person doing it am not much, but if millions of people do it, then it will
i'm just getting in crypto but as soon as i started researching my first rule was to not even consider that app. i was not apart of the wallstreetbets stuff but i was clapping from afar:)
fuck you vlad and rh team. and fuck you citadel.
oh no! *checks notes* anyway...
that's really nice to hear. a ton of people lost money because of them, fuck robinhood.
it's almost like when you screw over your customers they stop using your service...
this sub will love this
i created my robinhood account the day before all their shenanigan's started, prompting me to delete both the app and my account the day all the shenanigan's started. robinhood can get good and fucked.
you guys are too quick to celebrate. it pumped and dump hard back in august, and has been simply stagnating ever since but they are still above their ipo price. you see if they slowly bleed out then we can just say “well deserved”, but right now the stock is not doing much. it’s almost like their fuck ups are already priced in
pour one out for all the degenerates who yolo'd in at
mayo boy did not make it easier for them either
any ipo gets destroyed in the beginning. just look at coinbase stock. it'll find a floor to bounce off of, this post is just hopium. hood is also up 11% from the ipo price so it did better than coinbase lmao.
die bitch. just pisses me off that founders go to exit at a high price. they did not deserve that.
good fuck those crooks.
heard many say they were shorting the ipo. looks like they made the right call
i'm not a fan of rh but this title is misleading. down 41% since august cherry picks a single day that they went up to . it's been mostly flat for the past month
robinhood stinks. stops working when you start making money.
let them sink :d
in their world when this shit starts to happen their friends leave them and then boom you see them charged and jailed.
they’re better off using go crypto.com or cbpro anyway, way more options.
i mean coinbase is down 25% from its ipo, i don’t necessarily think that metric means it’s a bad company or losing popularity. but if app downloads did decrease that much, that’s pretty significant.
i was on robinhood until the gamestop thing. watching it happen again with doge was affirming. i thought the numbers of people who joined me in leaving would probably be negligible. glad to see it wasn’t just me.
some publicity must be bad publicity.
this is a really stupid post - when rh ipo'd it shot up to like , same day. to say rh was valued at . it's up 10% or so since ipo late july.
that's because of the angle they drew it at
lol robinhood you fucking amateurs - fuck you. this random nobody is proud of you all for not using vlad clownshoes' platform. vlad is a thief and a liar.
now they are rumored to be listing shib. wonder if they think this will get their numbers back like when doge carried them earlier in the year.
good. you don’t have your keys for crypto and they lie and cheat their way through stocks. just a bad company all around.
robbing the hood until the hood robs you back
hmmm. soon someone is going to write step by step on how to short the rh stock . hint , hint
it's almost like intentionally screwing over the very base that was promoting you is a bad business decision.
interesting that they substituted amateurs for people. why did they do that? cause fuck robinhood, that is why.
robinhood needs to remember which side they are on and they will bounce back, else they will go down in flames. at least they finally have crypto transfers in the pipeline! now they just need to cut off the pfof and switch to commission-based stock trading and their customers will quit leaving them.
they still up 20% ytd tho….
get wrekt vlad you ken griffen dick sucker. hope rh burns
[ everyone liked that. ]
i moved my entire portfolio to another service after what they pulled
😂 😂 😂 😂
well, yea. didn't some high end execs rug pull around ??
maybe they should ad shiba
this is a big win for the crypto community. only by banning together and putting the dirty tactics these companies use in the spotlight can we stop others from falling victim to these companies. we cannot stop them all but by making it a thiscussion of interest we definitely curve people from using bad apps.
the amateurs stopped being amateurs and moved to better platforms obviously. and rh is the worst anyway so good on them. fuck robinhood.
wish it would just fallout completely
but, but, wallets are coming... would not everyone flood back to them?...said no one.
i wish their ui wasn’t so damn clean it’s so easy to check multiple stocks at a glance on my phone with their ui.
honestly, i'm surprised it is not more.
i still remember after rh did that, i think for the next week fidelity's new user sign up site was down almost continually because of all the people switching over.
good! burn the company to the ground!
. check your numbers
the rich takes from the poor... and then... the poor takes from the rich. well done!
good. don’t know why anybody would use them. so many better alternatives
this makes me feel warm and snuggly inside
that’s a weird way of saying robinhood stock is up 10% since it’s ipo a few months ago. this reddit title is a manipulation of facts. just because it’s down from when meme stock enthusiasts pumped it artificially high does not mean it’s falling in value.
this is what’s so wrong about some people who post on social media. you just say since august. but the stock went public july 29 and is up 10.53% since it opened. technically, you might be correct but it’s very misleading information.
endless stories of ppl logging into rh and having their assets sold out from under their feet! seems like robinhood is more in bed with the hedgies
fuck robinhood. that being said, anyone know of another app that’s similarly east to use on mobile? i tried fidelity and the user experience fucking sucked ass
well, stimmy checks are gone, so there is that.
still 59% too high. f ‘em
lol its been at a cool -50 basically since it went public. it only went to . articles like this are trash and just like every other cancerous platform out there, companies like this will continue to milk enough people to profit millions. but keep making fun of it, i'm sure a bunch of minimum wage nobodies on reddit will really hurt their feelings.
only crypto himself, not the one receiving it.
closed my account after the gamestop shit happened. i didn’t even own any, but that was ridiculous. then a couple months later i switch to crypto. havnt had any problems since.
i posted in the robinhood sub reddit over a year ago saying we will band together to short this company into the ground, and yet i still did not buy puts. i do not like free money.
"recovering rh victim in the house"...despite their hype...i think vlad and boys began to believe the bs that they pedal.
they fucked around and found out
love to hear it!! fuck robinhood!!
can’t wait till we find out vlad literally jeopardized the future of robinhood and arranged it’s bankruptcy to profit the shorters
what's best free trading app for stocks? i like rh but they definitely charge you a bit higher on crypto but i do not buy cryptocurrency there anymore, just stocks
i remember when the ipo came out. i so wanted to buy a put option on it but i did not have the money. man, i should have borrowed. i knew this shit would crash.
as it should be.
jokes on us, founders and early investors already cashed out.
karma making her rounds as usual...
so what's the best exchange? coinbase? bc binance.us is trash
some good news for a change. only reason i have anything on there still is because i’m waiting until a break even to close my positions.
this is a long time coming. what's next sites like coinbase?
if i had anything in there i be definitely taking it out right about now… people will go to sign in some day and it just won’t work anymore.
maybe they should block the sell button so the shares can’t be sold.
robinhood: shits all over customers. publicly outed. gets sued. also robinhood: surprised people have stopped using their service. 🙄
howdy, i wouldn’t be so heavily into crypto if it wasn’t for robinhood. i kept getting caught up in short squeezes and halted which really passed me off lol and their charts suck
so what your saying is ? got it, all in.
damn, i am glad i did not buy their ipo
well from everything that i have heard they suck. not surprised b
this took longer than expected
lmao their stock is still above ipo pricing guys. and people are still using robinhood even after the bs. i know we want them to fail but this article is clickbait for apes.
remember when we were going to to the same thing to facebook and now it’s incredibly valuable? of course this story is a little different since fb never saw any drop in usage.
so many uninformed people these days. a lot of ipos generate a lot of news and buzz and then fall and lose 50% value after few months. some of you kids might not remember fb's ipo at 40? it sat in the 20s for basically a year and took like 1.5 years before recovering and breaking past . uber spent most of 2019 in the 30s after its ipo at . honestly who cares. if people here even know startup employees you'll know they hit the ipo lottery and all of them are laughing all the way to the bank while you cry your tears here.
no shit, about the gme debacle even "dumb money" learns
doesn't really matter at this point does it? didn't all the executives already cash out most of their stock?
i mean… that’s what happens when you take a shit on all your users. i’m glad they aren’t doing well
sounds like a terrible experience.
citadel sacrificed robinhood for their own book. never forget.
so .93 = down 41%?
now i just need fidelity to buy rh's ui 😂
at running the risk of catching the brunt of this hatred for robinhood: i'm a total noob. while being a total noob, i've been investing , all through robinhood. i still have robinhood but i know i should not. so my question is, what app should i use instead? i do not want to pay for something because i barely understand crypto, stocks and how to read them but fuck robinhood suggest me something better.
now make my wallet so i can get the fuck out of there...
stimulus checks ran dry
i could only buy doge with robinhood in my state. how do i transfer my dogecoin to a wallet?
itt: people who haven’t actually looked at the stock price. hint: it’s doing well
this is incredibly misleading, as it is 41% down from it is all time high, a single day in august. by that logic, it is also 12% up from august. in reality, it is maybe like 10% down from it is average in august.
this is what happens when you suck up to the evil special interest pond... wall street bets inadvertently exposed the crooks of robinhood as those who steal from the poor and cater to the rich, and **rightly so**... or is that, **"reap what you sow"**??? poetic justice it is. mess with the ocean that feeds you, and your pond will be drained. we might even pour in some concrete and use it to ride skateboards. i got one word for robinhood and their cronies... stonk!!!! 🤘💀🤘 .
they ripped me off about 6k in may. fuck robinhood.
tbh i do not think this is as much of a specific issue with robinhood as much as it is that the crazy that fueled retail investors for the past year is wearing off. look at the massive jump they had during covid, no way that was sustainable
should have shorted the stock
welcome to what happens when you backstab your user base.
long overdue. maybe the hedgies will short them into the ground, to recoup or hedge their moass losses.
i’ve said it once and i’ll say it again! robinhood do exactly the opposite of robin hood himself, they steal from the poor and give to the rich!
who you calling an amateur youri?
alternative headline: robinhood up 7% from ipo after brief spike. it’s like a headline saying doge down 40% by choosing its highest peak albeit brief as the sole point of comparison
serious question... besides the foul play they did with gamestop , amc etc why is it hated? i am not super articulate on brokerages but to me it has a super clean ui and the ability to do reoccurring investments everyday.
people vote with their feet.
good. fuck you rh and vlad.
ipo was 38 and now it’s at 41 how is it down 41%?
for awhile i only used it to get current stock numbers. their ui was user friendly enough. but i ditched them faster than i went in with them.
as it should 😂
what utter crap! blame everything except the truth. robinhood are thieves and no one wants to use them! it’s as simple as that. the boy from bulgaria can go suck on a big one!
when the buy button is taken away things like this can happen.
i am not sure how other services are, but as i learn more about trading, robinhood is always putting me in bad positions. it does not process my limit orders as quickly as i like. even if i am putting them on the market value, it does not get processed. i lost so many good oppurtunities :(
down 41% so far….
i'm confused it shows 55 august 6th today is 42
does anyone have an unbiased explanation as to what happened?
i am waiting for the wallet to pop up so i can transfer my dogecoin elsewhere
go fuck yourself, robinhood
the government didn’t punish them we did
maybe its time to short rh?
only crypto himself, not the us).
meh, i mean it had a stupid peak at 70, but pretty quickly fell from there. i do not expect the big boys are going to let their little pot bellied cash pig just shrivel up and die just yet...
how likely is it that the fewer app downloads is just because everyone who would've downloaded it already did. crypto app and coinbase app are at 10m+ downloads, ~the same as robinhood on the playstore
been looking for an alternative for six months and cannot find one. 2.5% interest on margin, , ,000 margin exemption, morningstar reports and zero option fees. plus i would have to sell too many good stocks to get out.
hahah awww this makes me happy :)
like many many startups. they forget that their users are an important part of the equation and are seen as some easily replaceable commodity.
they got rekt for abusing their power over their users. great to see them fall from grace.
finally, some good fuckin news
i downvote the app every time i see "promoted" on reddit.
robinhood fucked me and they can die
would shorting them be poetic justice?
the very definition of schadenfreuden.
they screwed me over when they put a stop on trading yeah they can suck it
i meannn it’s down 41% since it jumped up 85% after ipo. still up 10% from its expensive ipo price
they do not care anymore after they did an ipo and cashed out... their plan worked, and now they can retire to private islands
good, i hope they fold. i am never one for shorting stocks as i never wish to bet against a company i hopes of them shutting the doors, however, after what robinhood did to me and 12 million others when they blocked us from opening new positions in ~18 specific stocks, they would be the one if the only few companies that i would ever short. don't think i've forgotten about you citadel, melvin capital and the rest of you scumbags.
that shirt didn’t stop ikea.
its going back up once they list … shiba inu
you fuck on me? i fuck on you!!!!!!
moved my shit out today! fuck em.
good: fuck these assholes!
what’s their market saturation?
the only reason i used robinhood at the time was because they sponsored supermega. as soon as the dung hit the propellor i jumped ship. i hope robinhood turns to dust.
is it me or is it silly to measure an app? once you have it downloaded, it is downloaded...
this can’t be overstated. fuck’em.
doesn't seem to have stopped them from advertising all over reddit
great! robinhood fucking robbed me. i had some money in amc one day and when i woke up it was skyrocketing. i put some more money into it and it went up again. so i put some more money a third time and the app stopped me. they shut down trading of the stock entirely. by the time they let me trade again i was down more than 200 dollars. did any other app do this? no. fuck robinhood.
this really has been fascinating to watch. robinhood was supposed to be the company that sticks it to the big guys. the company that flips the middle finger to the hedge funds. and here they are - exposed as another tool of market manipulation for the big hedge funds and big guys. y'all were scammed big time.
here’s something you can do open a margin account in robinhood short robinhood in robinhood get your account to negative ask robinhood to bail you out
thanks for the reminder to close my account and uninstall.
why did not i think about shorting robinhood.
i use robinhood. how do i go about removing my shares and moving to a different platform?
i still remember their ads after they did not let people buy more from amc, you get what you deserve
yea they suck compared to fidelity pretty much
this title is stupid. they’re up 10% all time.
fuck robin hood it should be taken down, the ceo should be jailed for what he did in the gamestop event, that shit was pure greed crime cyndicate market manipulation 101 idk how he got out of trouble on that one absolutely thisgusting he looks like a gressy slime ball greed money hugger
finally some good news.
and amateurs tried for 2 months due to hype and headlines of getting rich, weren’t playing with money they could afford to lose, pulled out and deleted the app.
made a couple bucks off the ipo. saw this coming from 10,000 miles away. fuck robinhood, all my homies hate robinhood.
yea fuck em fuck them to no end
man, that makes me happier than it probably should.
what a shitty misleading title. it’s up since the ipo which was at the end of july
what are people using instead for stocks?
imagine thinking rh gives a shit and did not win this regardless.
that's what they get.
... buy the dip, chief?
because you have 5 cryptos available. open to all crypto trading and have a swap to buy shitcoins. if not that, add shib
step 2: find out.
this is blatantly false, the stock is up 10% in the last 3 months?
gme sends its regards
it's gonna be worse once wallets are out. fuck those scumbags.
can someone give me a tl;dr of why reddit hates robinhood?
this headline isn’t even accurate
robinhood learning that old lesson. *fuck about and find out.*
anytime i get an ad on reddit for these twats i report them for misinformation. anyone else?
robinhood sucks dick. throw them in jail
a major market research company is doing a robinhood funded satisfaction survey right now. hilarious!!
good! fuck em. sincerely, amc holder
what's an alternative that is better and can easily transfer my stocks from rh?
after january. i pulled everything from robinhood. commission free is cool. but fucking my trades is a hard pass.
it’s fewer. fewer downloads.
i am one of those ppl. just use it to quickly check the price. i only have 3 penny left in the account.
dont care about the -41% stock price ' but the 80% fewer less app downloads... that is interesting indeed.
i quit using it a long time ago. any good alternatives?
it’s still above ipo price
robinhood fuck off. you let us sell but not buy. we will never forget.
waiting for rh to let me transfer my crypto out and then it’s goodbye to that sinking ship
haha good fuck robin hood the dirty cunts
good, i hope they shut down for manipulating buy. smh not your key, not your coin
too little too late on those wallets i guess
it's too late vlad and the gang cashed out. even if it goes to 0 we still have to live with the fact this starving bulgarian boy robbed us and got rich doing it
down 41% is a weird way of saying up 10% since going public
if they were smart they would start a rumour that hedge funds are massively over-shorting their stock.
i still like the no crypto fees and i seem ro get a better fill rate than i do on other crypto exchanges
what are people using now?
i missed out on some buys that would've been a 300%+ investment by now because my only option at time was to use robinhood, and not using them was more important to me than the purchase.
i opened rh account few weeks ago and bought just one vti soon realized my mistake moved to webull and coinbase,lol. now i’m kinda stuck with rh with the one vti or buy another transfer to webull.
perhaps because nobody likes cheaters
take that you robinhood motherfuckers!
they tried to manipulate trading in gamestop. they deserve it!
they are so fucked.
i much rather pay per trade then be screwed over by robinhood’s blackouts and blocking of trades.
the irony if it gets mass-shorted
august has recently been getting tips from methstiny to keep on underestimating him.
so ironic its called robinhood, and then later they fuck over their customers so rich people would not lose.
good and that’s what they get!
robinhood sucks. use a real brokerage and crypto wallet!
it’s a big stretch to say robinhood is even down. it ipo’d at . anyone who bought the ipo is still in profit. regardless of what you think of the company, this post is misleading karma farming.
amateur? i think nobody knows what they are doing.
ipo'd at 40, still around 40, stick to coins frens.
9 days ago there was that article saying the stock was expected to fall by 20%. i said at the time that 20% seemed really low. i fully expected to be proven correct. i just did not expect for it to happen this quickly.
for canadian citizens use shakepay i can safely transfer my btc in my coldcard !
what are people using then?
it’s down as financial institutions stopped fucking pumping it.
ironically the breaking point for me with robinhood was not the gamestop debacle, but when i started dabbling in crypto and learned they do not provide any opportunity to send tour crypto to a wallet. i closed up shop and moved my entire account to coinbase 😂
it's nice to see people rock up and fuck back.
good. run that scam shit to the ground.
in all fairness - they ipo’d at . it’s trading at . this is a non story tbh.
let's get that to 100% by the end of the month, people.
amazing what finding out about line orders will do, might want to start playing fair
what happens to your money or coins if robinhood goes belly up?
it worked fine when people were just speculating on dogecoin, bitcoin, etc. now that defi is big robinhood is legitimately worthless until they implement crypto wallets.
so you’re saying now it’s just us professional degenerates buying crypto? i like where you’re heads at
another media post to hope to curtail people supporting shib. they know people are thinking shib on robinhood going to make the price jump. so they are trashing on robinhood as well as scare tactics articles for shib
what are you guys using instead? i switched to fidelity for options.
it is up 10% all time. it is really dumb to compare a two day all time high to now.
fk robinhood. die in hell. steal money from so many aspiring lower and middle class.
properly burning down the hood. respect.
well earned. good to hear.
good someone should short their stocks too
time to go long on robinhood stock or keep shorting?
beautiful to see this
good fuck this company.
it's not a trading app if they restrict trading.
kinda funny how that works. screw over customers for a percent or three during high volume trading with "accidental" site issues...your customers eventually just go find other websites that work...lose 40 percent of your business. ' i hope robinhood goes out of business. won't happen though, but we could dream.
karma is a bitch.
finally, something we can all agree on. some good news!
i finally got the “your robinhood account has been deactivated” email and i couldn’t feel happier about :)
i hope they get herpes on their face.
sow the seeds, reap the whirlwind
didn’t their ceo commit perjury? or am i just thinking of every financial “services” company that exists?
rh will die soon
don’t screw the masses or the mass screws you.
on this note, what is the best way to get out of robinhood and onto another service? i've only got about , so it is not that bad.
i cannot believe robinhood still has users after everything they pulled.
sorry vlad i got another wife and she likes my new trading account. oh yeah one more thing, i do not need the green trading platform with dystopian artwork...i have crypto moons now. 20 plus of them.
let's all short it for .01 lmfao
i wish i had known more about crypto when i initially invested. having my eth hostage on there has been the worst. this crypto wallet better come soon.
it’s a scam. i wouldn’t suggest anyone use that sketchy app.
quick list shiba to safe the company!
they destroyed their brand with the citidel shenanigans in march, that’ll be a hard stain to wash out . i think they might have underestimate the reach and popular appeal of the meme stock craze
what if rh ceo is roarkitty all along
why don’t we hedge them into the ground?
the stock price is the same lol, dafak is this post?
this was a great scam, "amateurs" were leaving rh since end of january...
😂😂😂 amateurs!!! like fucking pros use rh!!!?? 😂😂😂
does 80% less downloads mean much? do you usually download a brokerage app more than once within a few months?
why everyone hate rh?
i posted on robinhoods reddit 10 min ago i got an email saying i was banned and that said fuck off... all i did was ask are they going to list shib ... crazy
music to our ears. we wish people could vote like this also,
guys im a total newbie and idk much. can someone tell me why robinhood is so hated? thank you in advance.
karma is a bitch and fuck robinhood
karma :) loving it.
dumb post to awaken hate boners from dumb people
karma. robinhood sucks... not your coins not your keys.
good deal, they fucked up
nothing new to expect ... they messed hard with their customers ...
i deleted it and never looked back. can’t trust ‘em
obligatory “fuck robinhood” will they ever release a wallet?
my heart bleeds...oh wait, no it does not, that is just ketchup from the "karma is a bitch" burger i'm eating.
the worst thing about this is that it is not robinhood that lost the money, it is the bag holders. but regardless, fuck robbinhood.
wait i thought, it already had a big fluctuation in august and is down for about 41% from the highest price, but is also basically even with the lowest august price...
fuck robinhood. i wanted to cash out on my doge profit but instead they took the profit (couple thousand) out of my bank account as “app credit”
it does not take a long for an amateur to learn enough to know that when it comes to crypto it is an absolute scam what they are doing that runs completely contrary to the idea behind defi.
all my homies hate robbin’ da hood
crash and burn, you fucking weasels.
yoo when i was a little boy in bul... fuck you robin hood, may you burn to the ground.
i hope people have crossed other solid alternatives on their journey with robinhood. however, i’m skeptical because the app downloads could just skyrocket again in the midst of another total crypto frenzy in public media. they own ad space, lots of it.
how does it compare to similar app?
hopefully they reached critical mass of suckers and people are educated on 1. robinhood’s fu mentality, and 2. crypto custody. everyone in the crypto space seems to demote robinhood in videos and i hope this catches on.
they saw a huge upswing in interest during while everyone was sitting at home stressed and doing nothing. then they went public. roblox rblx did the same thing, and i am surprised that they have not seen a real reckoning yet.
i bet they wouldn’t have had such a drop across the board had they added a lot more different crypto options only a weekly basis like coinbase has been doing.(i’m not a fan of coin. the only new crypto they added was doge...this year! i’m glad they are suck a big fat red dildo! i hope they burn to the ground slowly so that everyone can get a chance to close their accounts and not get screwed
what goes around comes around. everytime someone tries to do some shady shit it will snap right back in their own face.
he didn’t get shit! lol i know he sure don’t love his kids well not the love a kid should get from a dad
isnt robin hood just robin ?
robin hood just got robbed by the poor
what do they expect? horrible customer protection and experience. for crypto specially, there are so many better options out there specifically for crypto too!
bwcareful guys, they might remove the buy button anytime and lie about it. 🤪
i hate robinhood, but it is still up from its ipo price. the large dip is mostly from wallstreetbets pumping and dumping it lol
wen mother fuckers list shiba tho ?
this post will have the opposite effect lol, which may have been the point.
looks like they are gonna have to get
what did they expect? they thisgruntled their whole userbase and are cheating in broad daylight.
this is not true at all, ath 58 now its at 44...click bait, fake news
don’t forget what they’ve done with gme! many people lost money because of their shady policies
with a great name came a great responsibility
i hate robinhood for everything they did, but i do have to admit it was my first steps into investing for myself so i’m thankful for that.
i’ve tried a few crypto games and never found any of them to be very fun
2 words, thank fuck!
much deserved. let’s get it to 99%
hey man rh is not letting me transfer my money out of the app help?
deserved. let's hope it geta even lower
hey, maybe this group might help you out with first trades to make some dollars :d
okay i've got mine now thanks for the support team
nice job done by shiba inu , you guys are the best so far and i cannot wait to participate again, just got my 7k$
robinhood is going to sink further from here. i sold all my robinhood shares and moved my assets to another broker. robinhood has made investing easy and fun, but they certainly not looking after their customers this year has proved it. even their ipo, vlad came to dump its shares on his customer base at the highest market valuations. with all the legal ramifications of their business model this stock has a big fat tail event tagged to it. if not for your own financial health, ditch robinhood for the millions of customers that have died using this platform.
this is why they rushed the ipo. to cash in before the backlash from the january issues sunk in. robinhood could go to zero but the ipo made the owners very rich
as someone who missed out on a , this makes me happy.
do i hood is garbage they rip their customers off like crazy and block trades when a stock is hot ffffffffffff them
lol maybe the platform does not work well because it takes money from the poor and gives it to the rich. robin hood would not approve
robinhood brought this on themselves... 🤷‍♂️
haaa haaa biggest joke ever. maybe we stopped using you because you kept locking us out of trading so your hedgies can get their shit together. f you never using them. td + tow + cb
let’s make elon musk invest in shiba inu please share this friends
bkkt is a better investment
list shib, there i fixed their problem.
i'm a crypto n00b and still have money on robinhood . is it safe to leave it there till the wallet feature comes out or should i just sell?
this is what you get for market manipulation in favour of hedgers
i bet if they put shiba inu it would go up
this could explain why there has been increase in the number of people using web 3.0 crypto apps. i have loved the increase thoug, seeing people get to use spdr and it having significant increase in the token purchase too. same with others.
good, after their bullshit the best thing anyone can do is boycott robo hood
i bought 1 share in their dip just to laugh at them later when they go to zero
they are adding crypto waste soon
good news for safemoon!
i’m still using robinhood. it’s the best app to buy bitcoin.
everyday i open the app, search gme and close the app.
just wait till the crypto wallets go live.
why the hell is a good company like robbing hood down?
got it, put options & shorts on .
can confirm, is one of everyone
there was a recent episode of the "all in" podcast where the host, jason calcanas, said he was a seed investor in robinhood. 500x, then he dumped it on retail at ipo. one of the biggest reforms we need is allowing poor people to invest pre-ipo, like what crypto allows for. it's insane that legally, only rich people are allowed to do shit like this.
meh, they are up 10%since they ipo'd 3 months ago so this article is hella misleading
robinhood learned the hard way what poetic justice is.
this title is misleading though because the ipo was july 29th and the stock is currently up 11.7% since then. it had a huge fluctuation in august and is down 40% from the highest price, but is also basically even with the lowest august price.
also confirm. i’m sure they are not in danger of going out of business, but i will be extremely happy when they do :d
why did you speak for me? i wanted to say that myself.
what the deserve is jail time, yet what they get is being less rich as fuck.
robinhood is a sack of shit. but it is not your sack of shit. "not your sack, not your shit!"
can someone eli5 why everyone here hates them so much? i'm only loosely familiar with the gamestop bit. seems to me though that various powers and investors have been fucking with the market since day one, so i guess my question is more like, how is rh to blame for this, or maybe in what way is rh's fuckery different from any other behavior we see in the economic world every day? finance and economics are a weak point in my brain, so thanks in advance for helping me fix that.
what do you get when you cross a degenerate demographic of cryptobois with a company that abandons them and treats them like trash? i'll tell you what you get
we are coming for tether now?
it's hilarious watching a corporation act without impunity, get caught, make absolutely no effort to appease their userbase even flat out denying allegations even when we have proof leading to their usage and stock price plummet. get fucked parasites.
such a satisfying way to put it. they fucked around, and now they are finding out.
they did nothing shady. the superstonk crowd is cringe as fuck
couldn’t have said it better myself.
on behalf of everyone, you do speak for us
karma in the best sense
inb4: can people stop bashing others for using robinhood! "we should not be giving new comers that got into robinhood a hard time. yes they are sensitive little bitches, but it hurts really bad and at worst of all you might make them cry. remember only positive talk, everyone gets a trophy."
*proceeds to shoot rh in the face*
they definitely deserve this.
i mean they’re probably still very rich. but i agree with the sentiment.
yes you do. yes you do :)
they ipo'd and the top brass sold huge portions of their positions, including some selling 100% of their stock. they knew this was going to happen and they are not losing.
it’s the best damn news is the year. you are exactly right they are getting a taste of their own medicine.
problem is robinhood already raised a bunch of capital on at the ipo price. the shareholders are stuck holding the bag, of which i hope many are insiders and their cronies
when i was a lad in bulgaria…
just cause it’s down doesn’t mean they’re not raking in cash
pretty sure the initial ipo allowed those at the top to cash out and ride the wave out to company failure in luxury…
well well well, if it isn’t the consequences of their own actions. frankly, i’ve halted transactions on any fucks to give.
what do people use instead?
thank you for speaking for all of us! karma is a bitch!
wish i could insiert the song kanye west "all falls down" here
crazy...almost as if being against the people and for monetary gain is not actually more profitable.
amen brother seamus amen!
they saw was social media was saying and they did nothing. they could have fixed issues or at least come out with a positive pr response so definitely they cooked the broth that they know stew in.
robinhood's days of robbing the hood are over
fuck you old dinosaur. welcome to the new age!
they chose to turn their back on their customer base.
not allowing people to do what your app is supposed to let people do will do that to you. in this case, it is trading security and coins and
anyone who uses their platform is an idiot
type 3 if you hope robinhood goes bankrupt
this just shows the power of unity! awesome fucking news!!
you mean they shouldn’t have called themselves robin hood, and then turned around and acted like the sheriff of nottingham when the chips were down?
it's only up bc of hedge pump . no shit it is gonna crash .
this news is not nearly as devastating as it sounds. of course downloads are down after a year of crazy growth in downloads due to the lockdowns followed by the meme stock craze over on wsb, it seems like the majority of screenshots are still robinhood
a shiny piece of shit is still a shiny piece of shit...
fuck robinhood. all my homies hate robinhood.
no way the name checks out!
to robinhood, we bequeath a boot to the head.
and all his merry men
as someone new to all this, what other apps are better options if i leave robinhood? how do i move my shares and crypto?
stole from the poor and gave to the rich!
thought i was in the fuck ramps group
robinhood can go to fuck themselves repeatedly without lube
they paid a small fee lol.
on top of that they never even had your crypto either.
the investigation is still open. its not over
gamestop isn’t over. bid, lower and lower volume, computershare lock up, futures theory proving to be accurate, melvin capital still down 50% even tho they closed their short positions, ken griffin talking about chicago crime so if people google ken griffin crime it shows him talking about chicago crime, far out, deep itm puts which are outrageously expensive for 2022-5. all they did was kick the can. believe what you want but it’s far from over.
not just game stop but doge coin to the fucks!!!! i lost good money on that pump and dump shit coin!😒
the game shop stuff was such bs. they never recovered from that
i thought it was issues with clearing companies and out of their control?
imagine being a trading app for retail investors, and then fucking over retail investors.
outrageous?? it was flat out illegal.
is this the only reason people hate it? because it might be a good investment then because the average investor probably care. it still feels like a superior platform to trade but i could be wrong.
they're actually up 20% since they first opened 2 months ago. that's insane...
yeah it is really really dumb. the app download figure is used to imply a decrease in usage. but that is not what the figure means. that just means it is not growing as quickly as it was before.
what? a post with cherry picked data in r?! i cannot believe what i'm reading!
most "finance" articles are bullshit. at least twice a week i see yahoo finance articles talking about how "bitcoin is down 40%" when it is been going up for the last two months.
i am buying all the dips. what they did with gamestop was sketchy on the surface but they have a solid product and people are hooked to it. i have a pretty strong feeling that it will be a 100b+ market cap with a very sudden jump.
exactly. rh has been pretty much trading sideways since it’s ath
this article was written 3 weeks ago, they were just waiting for a red day
first time on this sub? a coin will go up 100+% but the only thing that matters is that it went down a small chunk even though it is still up from its previous run up
i hate robinhood as much as the next guy, but i really doubt so many crypto fans left the platform, to have an effect on the stock.
i was gonna say the same. the stock shot up the first couple days when it launched and then it is still up 10% but is from that inital high.
this is typical reddit bs. people have to be first post first ask questions later.
agreed. not only that but while robinhood may have since a 80% drop in new downloads, binance and coinbase saw 50% drop in new downloads too according to the article. this only shows a slow down in new people. most of the “amateurs” have probably signed up during all the hype
you are right but also a buzzkiller
robinhood is gonna be fine. my mom still has her account because webull has a shit ui and i do not want to take the time to move her stocks most people did not own gme and do not care
i agree about the article and post being shit, but ath can’t exactly be cherry-picked…
>the cherry picked all time high how is the all time high cherry picked, lmao? this is some smooth brain analysis.
people bought some doge there and got into crypto. now they are signing up for more reliable exchanges. the public is learning
it feels good seeing these fuckers get rekt.
hijacking the top comment to ask - where did everyone move to?
they are going to need the shiba coin to save them for a while.
wallets are in beta finally.
fuck the false robinhood
best news of the day, jail should be next for vlad the vampire
meaning getting fucked alright
they honestly must have been pretty stupid to think that there weren't gonna be any repercussions. i'm glad they are now getting fucked over
you deserve what you fuck
karma slapped robinhood hard.
they picked 1 time point where it was at ...
they are counting from the highest point than it was 70$. but overall the apps stock is pretty consistent.
did you delete your account too? they still have your data
i recently had to redownload it in order to update a record for my taxes. they wouldn't let me do it on a browser.
i cannot lie, i still use it to take a quick peek at charts. fidelity app still makes you login everytime. smh.
martha went to jail for lying to the fbi not insider trading
martha did not talk freely, so she did not walk freely.
vlad - let me explain... "when i was a boy in bulgaria"...
please explain exactly what they did that was illegal :)
i'm wondering if they will go down more after they allow wallet functionality. i bet a bunch of people will move their crypto off platform.
i'll always love to hate robinhood
they fucking deserve it …they are fucking thieves
short but sweet. very true.
the volume on doge was pretty crazy, but it was only a few days. not a sustainable source of revenue.
i love the smell of a good roasting in the morning
it is? well then it’s time to roast them more
not until the ceo sees prison time.
this is not "justice served", it is mostly false numbers. rh is not doing bad as a company
how did you get the money in there? just transfer it out to the same bank if you want to close your account. they are not going to make any money from you adding a bank account if you thisconnect it. what does matter to them is the number of net funded accounts that they have.
was looking for this.
fuck robinhood. i'm doing my part.
it’s up 20% from the day it ipod. there are a lot of companies that wish they were failing +20% over the last three months.
it's down 40% from a single-day spike on august 3rd still positive this week, positive this month, and even up today a few points overall. the title is sensationalist. the stock price is actually doing well, and the 80% less app downloads still means it has positive growth in membership. overall this is just a bloomberg writer wanting to drive clicks with a fairly unrepresentative title, if you read the article or look into the details yourself.
you do not have anything on robinhood or coinbase. they have it. you have nothing. cash out everything in rh and move everyone from cb to your own wallets. i repeat: you dont have anything. it isnt yours unless its in your wallet. period.
you have to report the sale on your taxes as capital gains or losses.
i heard you cannot send crypto from rh to a wallet. if this is true, then you really hold no crypto, do you? you just have a value in a balance sheet with no control of it. kinda like buying a car but you cannot drive it anywhere except within the dealer's parking lot. sell your coins, buy the same amount in an actual exchange and send them to a decent wallet. whether you wait for the price to recover in rh or elsewhere is the same, time-wise.
just wait for wallets... when users move their coins out into real wallets, the shredding of rh will start.
what a terrific way to get yourself permabanned.
coinbase for crypto is an easy alternative without having to “learn” crypto. (ideally you would want to have your own wallet, but there is a learning curve for that) i don’t know where you are but there are many alternatives to robinhood for stocks. i use wealth simple, but am in canada, and unsure if it is available outside of here. just google investment apps and find one with a good user rating. fuck robinhood
i lost money with gme thanks to robinhood. fuck them.
i’m sure others here could explain better, but as i understand it they make their money by data mining small retail investor. they would then sell this data to large hedge fund investors who used the data to bet against the retail investors. on top of many other scandals, they basically rob from the poor and give to the rich. as the saying goes, if something is free, then you’re the product.
don’t know if it’s just gme focussed or not. a hedge fund invested in rh was heavily shorting gme but the price kept going up so rh stopped users buying in gme and only let them sell. this caused a panic and the price dropped a load from + to a low of . it’s possible they’ve not sold their short positions though and had to keep buying to stop it rising. the rest is in superstonk sub. i’ve still got my . thankfully i bought the crypto crash which has me break even.
pretty much this. they have ruined their own reputation.
coinbase pro and coinbase is simple enough. the charts are not what i wish and they lack showing you your cost averages as well. makes it a little more difficult to track coins and see how they move collectively. i keep my crypto in coinbase and transfer it free to coinbase pro when i want to sell and i only buy from within coinbase pro for the cheaper fees
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it depends on how bit or small your gains are vs your current situation. if you are at a loss them move the money to real crypto.
safemoon 😂😂😂😂 a bigger joke then robinhood
they do not have a crypto wallet so you do not own any bitcoin. same for stock purchases on their platform too.
dont do that. in the statistics you are an aktiv user. not good.
i hope the "poor boy from bulgaria" feels the consequences.
reminds me of the song i dnt knw whyyy...but i love to see you cry 🎶
> fucking well, what?
can confirm that this confirms
this sub is gonna die from an epic orgasm when robinhood shuts down and they have to sell off all their doge, causing it to plummet and its value goes back into other alts.
can confirm, is another one of everyone
one of us, one of us, one of us...
reg cf crowdfunding allows this already. there are several sites where you can invest in pre ipo companies. i have quite a few.
read up on "positive feedback loop", it is the term used for describing what you just said. rich keep getting richer and your normal citizen has lesser and lesser chance to succeed financially.
i mean... those of us that invested at ipo *also* saw easy 100% gains before dumping on dumb apes who has to cover their destroyed short positions (squeeze has not squozen yet indeed my liquidated apes). i love how hilariously misleading this article is. "robinhood shares down 40% since august!!! [... where it was already up over 100% in like a single day from a short squeeze]" lol. not to mention the share price is objectively higher since ipo. don't worry, no hood longs are in a bad place. that being said i agree with you that regular retail should be able to invest in private equity.
there’s no law that says only rich people can invest in pre-ipo’s that i am aware of, please point at this law? not saying it’s not stacked against the little guy, it is. but there are companies trying to change that - you can invest in companies through something like net capital, often for like a few bucks before they go public. and that’s just one company like that i can think of off the top of my head.
to a degree it is actually protecting the little guys, how many dummies would pour their life savings on companies that would go bankrupt?
it doesn’t mean it’s more safe, and in fact it’s less safe because it doesn’t have as much scrutiny. scammers will love fleecing eager unsophisticated investors like all the crypto scams. though, the sec should allow educated people in the space to invest.
i think this is what regulation a+ is all about [reg a+ info]( i think the main problem is finding good deals to invest into, and since they are limited you have to be in-the-know early on.
except that the companies are still privately held (even with a larger number of private-equity groups) and hold the privilege of choosing who they will take money from. there's probably nothing stopping all of us from creating our own fund with enough resources to enter that arena but again it is still up to the owners because they are still the sole owners.
i don’t think you know what ipo means lol
you can do this too. buy spacs
honestly most preipo investments go nowhere at all and become completely worthless. at even worse rates than most crypto’s to be honest and there’s no way to cash them out at all when they go south. a lot of the time you get bs paper gains you can’t cash out and then they go bust.
i think that this is one of those areas where security tokens can change the narrative
poetic justice would be successfully shorting robinhood using robinhood to do it. although that may not be the wisest of ideas, but it would be poetic
robinhood is up 10% from their original ipo and green for the week and month. this headline is dumb and robinhood remains a ,000,000,000 company.
their ceo sold a lot of shares of his own company, i do not think the future is too bright for them and rightfully so.
robinhood to the doom
clarity in an echo chamber - that is rare
vote for me and all of your wildest dreams will come true - pedro
when i closed my account i called them fucking scumbags, told them to suck my dick and cash out my balance immediately... then google removed all the negative reviews, so they can get fucked too for covering for them.
when gme shot up because the people listening to u, robin hood suddenly thisallowed purchases of the stock for its users while allowing sales. so for a day, (or two or three, maybe? i forget.) robin hood’s ~~victims~~ customers were able to sell gme, but not to buy it. the hedge funds could still buy, and they probably were to reduce their losses, but robin hood’s customers were left out in the cold. it’s the exact opposite behavior of what their name implies, though i should point out that being unable to sell a stock whose price is in free fall while institutional traders sell would be worse. and the situation isn’t as simple as “robin hood colluded with the hedge funds.” robin hood has to maintain capital requirements that can cover its daily trades, as does the trade clearinghouse they use. there was not enough money in the accounts to back all the gme trading activity, so the clearinghouse limited robin hood’s — and their customers’ — buying ability of gme in order to mitigate their risk and guarantee they had cash in the overnight clearing account (or whatever it’s called) to cover all the buy orders. heaven forbid anyone would have to borrow money overnight at the 0.001% interest rate or whatever is being charged now. (actually, i’m not sure that’s possible in that time frame, but making it so could prevent f’eroos like this one.) but in spite of the logic surrounding the brokerage’s and the clearinghouse’s capital requirements, the upshot for robin hood’s customers is that they couldn’t transact freely because of their choice of trading platform, when the hedge funds could. the platform being named robin hood made for some alanis morrisette-level irony. it’s a shame because robin hood really had no choice, and their business model and even their name are a joke now because of their actions.
to hell with robinhood...
even my ex hates robinhood. ain't exclusive to da homies
yea! let's hate fuck robinhood!!!!
80% lower on downloads? stock down 41%? mass floods of people leaving the platform? i do not think they paid a small fee.
remindme! 6months when gary gensler does absolutely nothing
i don’t think that was their argument.
read the dd. robinhood was directly lending shares they didn’t own and routing volume through citadel dark pools keeping the price fake and order flow manipulated via pfof.
that's what happens when you invest in a market that is completely thisconnected with reality. most major banks are losing investors, closing branches and reducing services but somehow they have all been at an ath almost every day for the past 3-6 months. fundamentals mean diddly squat when market manipulation is in place. you're looking at a massive pump and dump at this point.
yeah here's what the price graph looks like for anyone curious: that peak was literally one single day lmao
few can wield thor’s hammer. but today we all did
hope the hammer sinks them down to the ground, it’s a travesty it’s even still used by people.
whats going on with your name
this sub beating on robbinghood ![gif](giphyq0eh4tu8omxrudownsized)
yup, that is me!
exactly and bound to happen given enough time. very well said my man.
vlad is such a beta sissy his desperation is perplexing and also highly pleasurable to watch unfold. wen rh ?
yes it is, and once they get their shot together, they will boom. yes, they did some sketchy shit, but in a few years, all will be forgotten. sure the ones who went through it will remember, but the ones who get into trading through rh would not and as long as rh does not pull anymore shit, they would not care.
steal from the poor, give to themselves
hahaha fuck robinhood hahahaha
to be honest, i do not think they had a choice. basically they got into a position where their creditors could call up and threaten them if needed. the older brokers had reserves so they could avoid that type of situation. rh was the new kid that pushed their way in, changed things, then realized to late that everyone was doing things a certain way for a reason. granted,their own fault for getting to that point. i just think consequence-wise, they were fucked either way. either fuck your customers, or get margin called and fucked all around.
fucking thieves deserves that.
yeah i just added 2 "journalists" to my "never trust a word this guy says" list
remove that **one day** of trading and this headline loses most of its impact. such a dumb post
they probably will still have your data even if you delete your account. nothing is truly deleted.
of course. they still make money from selling my info
understood. there are a lot of other apps that can provide the info you may be looking for. don't necessarily need an account with them. i use another broker
enable the beta test for the new fidelity app over in the right most tab, it’s not as smooth as aid like, but it really makes the app more usable.
she aint no snitch
colluding with hedge funds to shut down buying. how is that not manipulation when you are only allowed to sell a stock?
i sold my btc and just bought it on another platform, easy
ironic given their namesake, they truly stand for nothing of the tale’s morals and values.
yeah i can’t see by the day obviously but q1 was . q2 doge was actually 62% while q1 was 34%. now i’m really interested to see q3 because that’ll really show the picture.
i think i only ever used the account for the free stock back in the day and whoever it was must have folded or something. never actually transferred anything in.
yeah i get that was more curious if i would lose all the “bitcoin” i purchased if robinhood were to lose more money
i've been pretty successful for a guy investing pocket change. i'm up about a grand on 3k investment. i'm no one's crypto whale. i need something easy to use and that will let me get stuff into a wallet i can control a bit at a time. i do not see me even considering selling for another year at least. i could stretch that to 3-5 if i'm doing well enough.
meh still got hope 😂😂😂
unfortunately that asshat will still be wealthier than most of us no matter what happens. but still fuck him.
wen collapsed ? wen jail ?
excellent question, senator. first off, i want to thank you for asking such an important and excellent question. you see, when i was a young boy in bulgaria...
hopefully citadel is next.
he is a literal self-made billionaire. he could have stage 4 cancer and cure it with money with little to no stress at all. the .01% live in a different universe. we may as well be ants cursing at the gods. welcome to capitalism.
lay the beat everyone
i think the ecstasy will rather come from the shady scumbag ceo vlad not having a job anymore.
that's actually an excellent point. before closing my account, they only offered btc+ family, eth + family, litecoin and doge. there will be quite the sell-off methinks!
>its value goes back into other alts. err, why would it is value go into alts? if they had to liquidate, then the value would just flow out of the market.
well good thing any self-respecting investor holds diverse positions
this is exactly how we will react ![gif](giphyxb1rqlgobnh3wdownsized)
still hating doge in october of 2021 is cringe.
i'm going to be ecstatic to see doge die
in place since 2012, it exists but it is pretty limited. can anybody do this? they do not say what the requirements are, if any... which companies go this route? i've never heard of it. the . and as for me, i do not want to participate in seed rounds, but i want to get in way before ipo. so i assume there are markets where you can trade during that time?
crypto breaks the loop and that is worth quite a few people getting ripped off on shitcoins imo, tragic as it can be.
also known as pereto thistribution, and it applies universally, not just for wealth. example: large cities and population growth,
it sucks until you get in on it. then you'll find you like it just fine.
the sec requires that you be an [accredited investor]( or directly involved in the company to deal in unregulated (private) securities. the ref cf crowd funding you can do through net capital is pretty limited in how much you can raise and what the valuations can be. all companies need to have fewer than 2000 owners otherwise they have public reporting requirements under the sec. this used to be 500 owners prior to the jobs act.
that's the bullshit story they tell you. you're all too dumb, so dumb you'll crash the economy with your bad decisions. so go ahead & gamble it all away, spend it on cigarettes & alcohol, huff gasoline, you can buy chemicals at a hardware store & drink the bottle. but stay away from early startups, *those* are really dangerous. if you believe that shit, i have a bridge to sell you.
let idiots be idiots. if not here, they will waste it on lottery tickets or gambling. this is always the only argument. "you're all too stupid". when really there is a bell curve. smart people will be able to make big bets, some will get rich, thus increasing upward mobility. dumbasses will get what they deserve, regardless of the medium. the way it is now, it is an exclusive club of founders & vc's. it allows for collusion, bloated valuations, fake news causing retail to pump. by "protecting" the dumbest people on the bell curve, we're just keeping *all* of retail poor, allowing easy dumps over & over.
i can’t think of one measure they take to actually protect the little guy. can’t day trade etc without certain amount of money or some bullshit paper work. but i can open a robinhood account and open some option positions that expose me to near infinite losses. the “protection” narrative is just complete bullshit
of *course* it is less safe. you.re taking a risk. risk is a part of life. you accept the responsibility, you should dyor. nobody's asking for crypto bailouts, just for the ability to participate. the fact of trading is that most people should not do it because they cannot get above their emotions. but the screening program for that, if any, should not be "you have to already be rich".
there may be some limited ways to participate, but that does not change the vc dump cycle. with vc's pulling most of the strings, the "protected" retail investors get dumped on continuously.
private companies have the right to choose, and i am in favor of that, so companies like spacex can be free to grow. if the *status quo* shifts to more pre-ipo liquidity & allowing more retail investors in, then in time most companies will shift along with it. the exceptions will always be able to keep their shares to themselves, but the goal is to stop the majority of the ipo price dumps.
that's a recent development whereby people slide by the regulators a bit early. i just recently bought rocket lab, which went public via spac. , way higher than seed ivestors but better than those bloated tech ipo's. it.s a step in the right direction, but we need enough pre-ipo liquidity to smooth out the price movements, so we do not get the retail dump. that's the goal. spac's do partly solve that problem, but with a weird workaround.
yes they are risky. you're supposed to dyor, practice good risk management, all the typical stuff. you do not have to hold til ipo, most of them you would not want to. having a liquid market with more than just accredited investors will allow you to sell before ipo. or would you prefer people spend that money on casinos & lottery tickets & alcohol? the state is happy to provide those. i do not see how those are a better risk profile than intelligent bets on early stage startups.
well this article is about all kinds of great stuff *accredited investors* can do, but if you're referring to anything in crypto, the sec is laying a minefield to try to stop that from happening.
i do not mind the roi. it's a troll coin, invest with that mindset and reap clown rewards
almost the top 10 lol
i came here to say that but it will get buried by the circle jerk lol. robinhood doing fine. they are outperforming the nasdaq 100 since their ipo
that's fucked up. they allowed *only* sales of a specific stock? that seems like a guaranteed death sentence. thanks for the clear explanation!
fuckingly shit that my shit hates them too
fuck fuck fuck fuck robinhood
fuck fuckity fuck robinhood
stock down 41% only if you cherry pick the price from a single day lmao. it’s literally up compared to the ipo 5 days before that.
so you didn’t read the article…
every company that ipod this year is down 41% from some point. this place almost as bad as superstonk
agreed. but it could come across as if gamestop play was dead
interesting. where can i read that?
maybe the reason why their stocks are profitable is because they no longer have to pay for these branches and services? the big players are probably still with them, and the things mentioned earlier could be big savings. idk im not that knowledgable
i mean it’s pretty obvious their price is being propped up by big money players. it will fall drastically. eventually. also, **delete robinhood. and all the shitty pfof brokers. delete them all.** edit - wow robinhood shills out in full force. here’s their court case. read this. you want to do business with any of these brokers or mm’s, well, can’t say people did not warn you:
> it’s a travesty it’s even still used by people. really just shows the importance of a good ui. fidelity is getting better, but i have to admit robinhood is the best. a lot of people are probably just using it to check prices.
you're the third person to mention this 😅 i was looking at a gel bottle and trying to find something that rhyme with it. does it mean something else nasty? lol
>yes, they did some sketchy shit, but in a few years, all will be forgotten. sure the ones who went through it will remember, but the ones who get into trading through rh would not and as long as rh does not pull anymore shit, they would not care. looking at the history of robinhood, they are 100% going to do sketchy shit again.
as they sow ... so shall they reap...
i am so happy…fuck robinhood
that’s reddit for ya
oh right yes thanks, i never bothered to delete my data, i’ll get to it right now.
i use coingecko everyday
if that’s true you should be able to tell them you don’t want that and have them remove it from your account. i have heard about others doing this but it only works if it’s just the free stock they gave you. then you should be able to close your account
you mean if robinhood stock price falls? no they are protected. even if robinhood went bankrupt some other company would hold them for you just like other assets.
a hardware wallet at a cost of about -20 tokens by transferring them to a wallet you create offline using a secret key generated by the hardware wallet. this additional level of protection will guard your assets from being frozen or stolen while in the custody of another entity. with the possible gains within the next 3 - 5 years i think a small investment in a hardware wallet will be negligible for the security you get. you may want to invest in a small safe as well.
he's thishonest and a thisgrace. he's further from the true robin hood than anybody else.
sometimes its not about the money, its how they screwed over people brazenly
as soon as he was tapped to stop that trading he was set for life
if i learned anything from the wework documentary it is that these fucknuts always find a way to stay rich.
can anyone inform me if it’s possible to make it possible for their platform to give you true ownership of your crypto? like is it something they could do if they cared enough to? to give you true ownership?
true but hopefully he will not to get to enjoy it when he is behind bars!
i bet a portion of what he is worth is tied into rh shares so i think it will hurt him in some ways.
that’s 26 million dollars if you’re doing the math.
>take away 99% of that and he is still living much better than the average person. fuck him. geez... just did a little calculations on the old number puncher and that measley 1% is million!
one day he will be dropping the soap….
in this economy? mufuckas gonna get a medal of honor.
if he hasn’t taken enough liquidity off the table for it to not really matter at this point, he wasn’t paying attention in scumbag school.
vlad doesnt mind. he sold a lot of shares at ipo. so hes good.
a lot of companies go on to raise in later rounds on these platforms. there are not many secondary markets for these types of securities but they do exist.
there are platforms like wefunder that let startups do equity crowdfunding.
there's a number of ways to buy stocks pre-ipo for accredited investors willing to meet the (sometimes as high as ) minimum investment requirements. i know some people using forge global for this.
crowdfunding is great, but the problem is that survivorship bias impacts it hard. the best startups do not need to go to crowdfunding, and thus the best deals are still reserved for private investors. strong startups can go for totally private capital, and skip the crowdfunding. a . private shares are incredibly hard for the average investor to acquire for a fair price even if they are determined to do so, (there are platforms like equityzen, but you can pay a lot for the shares) and it is incredibly easy for a merrill lynch wealthy investor to call his broker and ask for a few hot ipo shares.
the rich people also have some risks as not all early startups make it. the same with crypto. the difference is that crypto is more accessible to normies where investing in start ups generally is accessible for venture capital and other fiat whales.
crypto can break the loop but i feel like if the mega rich see enough losses they will resort to any means necessary to retain power. i pray i'm wrong but i believe it will take bloodshed to change the current regime. the last thing these rich fucks want is a bunch of younger up and comers crashing their party without being doctrinated
depends where you live. being in america, i've been locked out of multiple icos and airdrops lately, including imx.
get real, the rich get richer with crypto too.
if you want to invest, that is your choice. rules and laws can and will protect you so much. the rest is up to us to do our dd.
don’t bring 420 into this, it’s innocent
**delete robinhood** edit: here’s their court case, go read this.
shhhh you'll kill his hate-boner
it’s a day they didn’t allow people on robinhood to sell either. they intentionally pumped the price that day without letting robinhood users who bought hood, actually sell lol.
the 80% drop in download is comparing pre stimulus and unemployment for everyone to back to reality and no free money
srsly, the stock is up 10% since ipo which was only 3 months ago... sensational headline
i think it was “rh’s punishment” is dead. until gg or the doj proves otherwise, it’s true.
superstonk dd on menu page
yep i'm sure there is some truth to that but most signs and news articles are more pointing at being massively overleveraged with a shortage of good quality collateral and a steady bout of inflation. buffet had been with wells fargo for ages and has quietly pulled out. boa seems to be facing a slew of technical problems and account holders that have been having problems accessing their money. somehow i do not think all is healthy in the investment banking world right now...
at least the banks earning reports do not show that. they've made significantly less since q2 of this year
bro i love robinhood. not everyone is obsessed with the gamestop issue. i turned 1 k into 10 k with that app in just a few weeks.
just like facebook been doing sketchy shit all the time and yet its grown what almost 10x
thanks, i'll check it out
very common misconception, it is actually short for robbing the hood.
robin hood would’ve pulled up on this bitch
i remember a quote about that: "the hardest part is getting your foot in the door. but when you do, good luck getting poor."
nope. not even a little bit.
the peice of shyt stopped his clients selling the stock on ipo launch however he was unloading his own portion at 75million. the guy is a dirty leech. took away the buy button on gmeamc but took away the sell button on hood. it needs to be established in both trading communities crypto and stocks to close their rh accounts down and move to an alternative broker.
i want to say he already sold a bunch of shares but definitely has a lot left...so 100 foot yacht instead of a 200 foot lol...
he is saying it does not matter because even if you take away 99.9% of someone's wealth who is worth 2.6 billion, they still have ,600,000 which is far more money then most people will ever own.
cool, are there any rules? it's good that there are a few avenues here & there, but with such a clear line between retail-approved & non-approved, the vc dump pipeline will continue. i think the only real solution is to break down the ipo barrier a lot more than it is now.
that's the original problem, you already have to be rich. what else can non-accredited people do? the only thing as frictionless as an ico is... an ico.
not all early startups make it is an understatement. in tech ventures, the likelihood is that they definitely won’t make it.
yeah, you can invest -ups it probably starts at least at 100k.
you completely missed the point
the punctuation mark on your flair makes me feel insane
fuck robinhood !!! to the moon bitches.
too late my hate boner is gone too
mine is still erect
wow they keep doing the same shit that caused ppl to leave their platform
not following. is there a link?
well, i tried warning you. don’t say you were not warned if and when they fuck you. there are plenty of legitimate brokers like fidelity where you can do the same damn thing.
you can do the same without rh... it is like saying i love mcdonald's because the ac feels nice inside...
>just like facebook been doing sketchy shit all the time and yet its grown what almost 10x facebook does sketchy shit but keeps escaping trouble. robinhood does sketchy shit and keep getting caught. hell, vlads phone was seized. can't recall something like that ever happening to zuckerberg. unless the robinhood c suite can get better at doing sketchy shit, they are going to keep getting in bigger and bigger trouble. vlad and baiju also do not come across as competent or psychopathic as zuckerberg. robinhood could make some changes and recover, but i do not currently have the confidence in their c suite to accomplish that.
tradingview works as well
i just sent you a message but need more details to tell you anything. i know oftentimes people send money via the ach system to brokerages who give them instant access to the funds even though they don’t actually get the money from your bank for like a week. if you buy something and sell it for a profit before they get your money they won’t let you take out your gains until your deposit actually arrives. my advice would be to wait a few days and try again or contact their support to figure out what’s going on. the ach system totally sucks. that’s another reason i think crypto is the future. not robinhood’s fault though.
it’s like that bank wachovia. i thought it was so cool when i didn’t know how to pronounce it, i thought the bank was there to watchova ya. but no, they were there to walk ovaya . dicks
i would be willing to bet he has not sold a bunch because he wouldn't be able to without setting off a ton of alarm bells so to speak. it would be public info because it is a publicly traded company. the sales would also have to be approved by the board (or at least that is how it works in most corporations). if the ceo starts liquidating stock the stock price would tank (not that it already has not), but it would be something you'd hear about. however, this is also robinhood we are talking about and i'm sure there is been all kinds of fuckery done in the sake of him cashing out.
probably even more the loss of status, becoming the "laughing stock".
not really, but you have to really understand startup financing. you have to know what happens dilution-wise as startups raise more funding. it’s hard to know exactly how much a company is going to end up raising over time. it’s not likely that a small investment like . you may get low ,000s back in 8 years, despite a decent exit, if they have to raise a bunch of capital and your position gets heavily diluted. you may get less if their exit isn’t spectacular and they’ve raised quite a bit. startup exit math isn’t always straight forward, so you have to know what you’re getting into. that’s a long winded way of saying dyor and understand more than just the basics of the startup company lifecycle.
true. in the past there have been a lot of issues with ponzi schemes and other outright fraud. i do not know how you make it easy while protecting grandma from investing her whole modest life savings.
fuck to the power of fuck? damn lad that is some hate. ...i like it
...and the amount of fucks has filled the observable universe. i think we've done our job, folks!
robinhood: fuck fuck fuck fuck fuck
as a fluffer, i can offer you some suggestions that you would love to hate.
just getting harder and harder thinking of stock falling below ipo price 💦
they say i have to within 48hrs verify some small , so i wait i see the small . i keep going in circles link acct, ok, done, link acct, ok done link acct ok done. do h know can i demand a check sent in the mail?
other billionaires have gargantuan penis. not him. his penis so tiny.
you do have to be smart to make smart investments. to be accredited, you just need money. what bothers me is the only argument against is "you're all gonna go bankrupt" when my net worth was literally saved by a very small bet in the ethereum crowdsale. the only reason i am still above water is because of a leak in the system. you have to do research, and i did research. or would you prefer that i bought alcohol & lottery tickets? the state would have been fine with that.
not a lot more too add. sod robin hood?
they fucking deserves it
the return of fuck robbing hood !!!
fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck fuck robinhood
it kinda sounds like you are trying to link a bank account with micro deposits and struggling with that. i would suggest just using plaid for linking a bank or whatever bank you linked at first to withdraw the money if that is still linked. if that’s not an option you might consider signing up for the debit card and then spending the money or withdrawing it from an atm. other than that i would say you gotta email them. they are not going to send you a check but i’m sure they can walk you through the bank link process
you’re making a pretty big jump with that last line. i don’t care what you do with your cash. i was just saying that investing in tech startups is a much more established market than blockchain or crypto. there is a much more understood path to viability in the startup space, and intuitively knowing what the startup’s odds of success are based on where a company is on that pathway is pretty important. if you’ve worked in the startup space as a founder or early employee for a long time, that’s easier than if you’ve never done it.
youre goddamn fucking right
that’s what i’m saying plaid is going in circles
might i add... fuck robinhood
so then should not the requirement be startup experience, or knowledge about startups, or something like that, rather than already having money?
gotcha. yeah you should ask for help in the app, i know they have phone support now. i bet you will have more success with them. it seems like the problem you are having is with linking your bank account though. good luck!!
1) stay away from r
this is way i joined this subreddit, i learn so much from these kind of posts. thank you for spending the time writing this up, i'm eager to get started after reading this!
how can i determine if the liquidity pool is locked or not?
good read, the only thing i thisagree is with this. >why is this important? it reduces the possibility of a rugpull to almost zero, especially if the dead coins wallet is over 50%. this is not necessarily a good sign. every single shitcoin being created every minute does that because the devs are not losing anything by doing it. when the tokens are burnt, they are effectively worth 0 (before being added to the liquidity pool). and this actually benefits scammers, because it masks the top holders real percentage (if i have 3% of the supply, but 50% of the total supply is burnt, i actually have 6%). now, a high percentage of tokens burnt afterwards, such as in deflationary currencies...that is bullish ofc. (one of my shitcoins went from 50% to 65% supply burnt in the first 10 days, that is super good)
you had me at funky toilet coin 55
every coin is a shitcoin until i buy it.
oh great, now i need to *actually* know what i'm putting my money into. jokes aside, thank you. this is a quality guide.
*the logo of the coin and the design of the graphics and website are very important* looks like i hit the jackpot on cumrocket
shitcoins are coming, bubbles. when you hear the winds of shit blow you know the shitcoins are not far behind. \~jim lahey
thank you for these tips. i created a small script to scan bscscan to find new tokens. by default, the script will find new token with 10 to 100 holders, you can adjust the min holders in the script. once it found new token, it will open bscscan and poocoin sites for you to manually review the token. script link:
additional advice - wait it out for a few days if you truly believe the project has some potential even in the short term this will help you in 2 ways - * get a lower buy price since the initial pump and dump bois would've exited. buy somewhere near the low of this dump * even if you want to make quick buck, given the coin you bought has some utility or has some long term plans of staying, you just sell it again when it reaches the previous pump high this helps you in 2 ways - limit your loss incase the coin goes bust; maximise your multiplier for money (say you buy a coin after it dips from 0.005 to 0.001 and you sell it back at 0.005, you multiply your money by 5 times whereas if you bought it at 0.0025, you only double your money) **the key point is do not fomo buy near the highs thinking 'the price will never come down' - if not this coin, there are plenty others to flip money at** *read this while i go kick myself in the nuts after selling shiba for just 3x profit* ps: not financial advice
nice writeup op. out of interest: 1) roughly what % of coins pass your test? 2) of the ones that pass, what % make meaningful gains (> 3x for example)?
nice try shit coin
these are still shitcoins, just ones that might turn a profit.
i like good reads like this.
bookmarked, thank you. i'm. completely overwhelmed at how many coins there are.
sooo... life savings into *funky toilet coin 55*. got it. ' seriously though thanks for this, it is great info.
hey thanks so much for putting this together!! i was just thinking about making a step towards tossing a tiny bit of money on a new coin and then i came across this post. i absolutely loved your last post about honeypots and rug pulls! you’re doing a beautiful thing for this community and for that, i thank you! take a moon you kind soul.
this is a great list! i threw , but in retrospect it hits all of these rules which makes me feel a lot better. it’s also finally starting to go up which makes your advice all that more solid, i’ll be saving this post and coming back to it - thank you!
you can make money on shitcoins if you’re careful.
poocoin.app is also a great resource. they give you all the info on the coins supply and wallets plus they have a lot of coin info you cant get on cmc or coingecko.
this post fails to go over the important things about finding quality cryptos. they are: 1. does it solve a problem that has needs a solution 2. does it have a working product 3. what roi do you expect if it sees adoption 4. is the project open source and under active development 5. is there community engagement
great post. i have a few questions. 1) how easy is it to get a coin listed? is there any vetting process to get a coin on binance? are there regulatory requirements that must be followed? the average joe can’t list a stock on the new york stock exchange, is the crypto space different? 2) do all coins have utility? do any successful coins launch where further development isn’t needed or expected? should we expect to see constant development of the project? 3) you mentioned people creating scams need to remain anonymous else they will end up in prison. what crimes are being broken here? doge coin was started as a joke but is now worth + billion. how is that legal vs some of these other coins aiming for a pump and dump by the founders?
followed your instructions and went to bscscan to view recent bep-20 transactions. ' first no-logo token that popped up: proudly unwashed balls empire (contract if you want to look it up because i refuse to link it). ' i need to wash my eyes.
just because a team does not give updates every day, does not mean you should sell... it takes time to develop a project and achieve their roadmap, there is a lot of work involved and there is not going to be news or a big update every single day... it could take 2-3+ years for a project to meet its roadmap. no company comes out *every single day* telling investors what they are doing on that day.
celebrity worship culture is the real problem
hey, do not knock the funky toilet coin 55
also, a lot of these coins are found on the cryptomoonshot reddit so take all these rules from op’s post and make sure you vet these new coins before putting money into them. i see so many posts of people not being able to sell them because they’ve been rug pulled.
wrong. every new coin is a shit coin until it proves it is not.
this is a phenomenal write up. i can only imagine the amount of money folks have lost because of a shallowly backed shit coin.
where do you even buy these baby coins at?!
how does one even begin to buy these shitcoins lol? is it done via pancake swap? does anybody have any video tutorial to share? :d
if i had a dollar for every moron buying into shib fomo, i’d be jeff bezos
thanks for this. i’m gonna save this post and keep this in mind when searching for new altcoins.
this a grade a post, we need more of this! thank you!
so your telling me i wasn’t supposed to put my life savings into thiscoinisascam???
look at the sub supporting the coin, whether they talk more about tech or moonshots. also look at the team if they are arrogant or talk reasonably. arrogance usually loses out in long term.
one thing you need to mention is check if's contract has been audited. and not all auditing orgs are necessarily the same, but the more it is went through, the better.
as a humble employee“enough” capital to put in the market, i feel like i do need to master this. thank you so much op! someday i would have enough extra fund to award your post! thanks again! 😊
how can i see if the lp is locked?
even with all of the steps, the probability of finding a gem is very very low. there are projects that tick all of the above boxes and still go nowhere.
> start trading on the bsc (binance) smart chain. and for that reason i'm out.
finally some solid advice, i hate when people say never do this, never do that! there's not a one rule applies to all for most things in life and this is no different. people need to do research and trust their gut and stop preaching to others.
scammers and rugpullers taking notes, playing 6d chess: how to trick ppl into thinking not every new coin is a shitcoin. how to fool ppl into thinking they know how to spot the real gems inside the sea of shitcoins. this is good advice, but let us be real and call what the majority of this is: gambling.
thanks for sharing this :) sorry if i missed out but how do you see if the liquidity is locked?
i hope someone sees and answers my dumb questions. you said dead wallet percenatage above %50 is good. what about %30-40? sometimes there is dead and pancakeswap: coin name, pancakeswap:coin name 2. should i add them all and see if they got %50 together? some coins got like 20 mil holdings. the higher the better? or maybe did i miss the train? how many whales are acceptible(%3 or more)? your post was real nice. i hope i at least get my pocket money out of these coins.
damn, the golden rule might not be wrong, but the reason it’s cheaper is bc it’s centralized. that’s bad thing in theory. i want nothing to do with more centralized exchanges, centralization is supposed to be what we’re getting away from with crypto currencies.
what is everyone's opinion over bittorrent (btt)? the community for it is a weird blend of crypto moonshot fools and people who actually think it has potential for its use case and partnerships. it seems pretty evenly split between these mentalities. but does anyone here have any thoughts about btt?
good points, but i would assume you're surely not advising anybody to invest in any coin without taking into consideration max. seems to be a pretty large piece of the puzzle as well, in terms of having realistic price expectations
you are the fucking goat. thank you for this. i’ve been trying to find where these coins are listed initially. 🙏🏾
commenting so hopefully i can find this later to read it.
as a designer, i appreciate .
i am very very very new to all of this. how i see it is fuck it, what do i have to lose? i'm broke any way may as well give it a shot. however, i do get worried that people on reddit seem to be convinced that doge or bonfire is the next eth or btc. i only play around with the small coins in hopes of profit but i thought it would be just common sense to always put a bit into the actual og cryptos.
good hint i read was to use to bog.finance tools if trading on bsc instead of pancake swap, it’s the same system but gives you so much more capability especially with limit orders
wow. this is insane. i've been trying to find a good authentic way to gauge a good coin from a bad one and this is awesome. thank you so much op. i'll be telling yall when i make some monies from this :)
can you do a test on ? whats driving it?
happy coin to the moon. but not creep
another good tip : did they burn 50% of the supply instantly after the initial supply was minted? if so, all of the other wallets % holdings are actually double what they say in bscscan. burning a large amount of the initial supply before launch is usually a trick to mislead people into thinking a 20% holder is a 10% holder. some projects even shill the burn as if it was some sort of sacrifice on their part. check the project website to see if they are transparent about why they did this initial burn. ' burn addresses are generally 0x0000000000000000000000000000000000001
this post is gold. also, can anyone answer why obvious shitcoins have tons of transfers? i'm talking about 10-20 every minute.
so your putting in ? i mean i can see it being fun for a while, but once you factor in time and taxes your basically doing a minium wage job. picking safer high cap cryptos and swing trading or just plain hodling seems more rewarding and less work than this.
that was a great read, thanks op! i often wonder if sashastreetbets is also all shit coins. all i see there is moonshot this and moonshot that. sounds like a big pump and dump sub.
>bonus: doxxed team fun story, back in the day (aka good ol' 2017) there was this company miroskii and somehow they were a big deal (decentralized banking from japan or some shit) but these idiots used ryan gostling picture on their website (as a team member) [ p.s. they had asian tyrone too
thanks for this post, but where do i see how long the liquidity is locked up? and how do i check where a particular coin is available to buy?
did you ever had a coin which you forgot to sell but that coin mooned making huge money from small investment?
step 7 - just buy coins posted on reddit that includes 💎🌙🚀 on their titles
disagree about sticking to just bsc. i think there’s a ton more scams on it (because of the low fees.) i’ve been really like the solana and matic chains
this is so comprehensive and helped a lot! i have one question though, what does it mean if one of the top holders of a new coin is a *contract* address as opposed to a dead wallet or liquidity pool? is that a red flag?
hey, i dunno if it is too much for you or not, but can you give an example of how "the right" coin is. i am not asking you to tell me straight the name of the coin, but rather what is the right coin look like in step 1 2 3 4 5 step 4 and 5 is easy to look for, but 1 2 3 is a bit technical i guess
god bless you for this post.
i'm not saying this as advice, just what i experienced. hit a coin with a good name or good feeling, most likely it will 2x at any rate, then take out initial. then it is time for the ride. alot of coins will be rugpulled, you need to really follow those graphs.
but it is impossible to do a fast swap in pancakeswap, i'm trying and my order always fail at the end, i put slippage at 15
i have been doing this , it seems they raised the default gwei recently.
i invest in projects primarily for the sake of their use-case. singularitynet, for example, aims to combine ai with blockchain to build agi (artificial general intelligence), as well as blocknet, which aims to link various blockchains to collaborate. a low market capitalization also has the greatest growth potential and can be a good long-term investment. however, due to the high short-term volatility that sometimes afflicts these stocks, it is a little more difficult.
hi, i just read your post, and your previous post about the rugpulling, and have some questions after aplicating the above stated strategies. when setting aside the obvious scams, using your rules, you are often left with some decent looking coins that have a website; sometimes even backed by other coorperations, a proper lyquidity pool of a couple million and plenty of holders. but i also noticed a lot of these coins have a crazy huge amount of total supply, useally 1\*10\^15. and at the launch of the coin they burn 30-50% of the total supply while also burning and taxing at every transfer. ' now my questions are: 1. why have such a huge supply and then burn half of it? the only reason i could come up with is to "artificially" create this rugpull-safe environment and then just execute a honeypot or a slow rugpull. 2. why is having a huge amount of supply not listed as one of your redflags? i read on a different post on this sub not that long ago that it is a dead giveaway since it leads to an impossibly high marketcap. and in conclusion, i have no intention of offending you but: 3. aren't all these small coins just ponzi schemes? they do not really have an application, some of them even blantantly state on their whitpaper their purpose is to make you rich and it will work if you join early. sounds very suspiscious to me. ' edit: forgot the slowrugpull at q1.
ok, so i am not a shill and i \*do not\* think op is a shill either. good information. i tried a few of your steps. either i'm doing it wrong, or there was nothing that i found that met your criteria. i'll keep looking. but if anyone finds one that \*does\* meet this criteria, please post \*one\* example. i'm not going to buy it, i'm not encouraging others to buy it (in fact it might be a bad idea to buy it but this is not financial advice). just if anyone finds an example, post it so i can look and make certain i know what i'm doing is correct.
how to check the duration of the locked liquidity pool?
okay so i bought into 3 coins, around . i went -3 into the other two. it seems that buying below , like so now that i have my 3 coins, now what? i just wait and these are expected to blow up soon?
where can you see if the liquidity pool is locked?
would you guys invest in a coin that has a dead coin wallet at 60% but a single whale at 20%?
thanks for this explanation! i’m new to crypto so just being able to know about how to spot a shit coin is extremely helpful!!
>6. bonus: doxxed team > >this one is a huge bonus. if the team members publicly identify themselves, for example through youtube videos or live ama, it reduces the chance of a scam to almost zero. why? because their faces and identities are publicly known and they would almost certainly end up in prison. ' i agree that this one is very important. that's actually why i made \~100x on xio, cuz i checked their youtube page and the founder kept making videos, explaining things, etc. so i figured why not buy some, since it was less than one cent back then.
can anyone help me with part 2? my first question is: is 0x000000000 and then a 1 the same as just the 000000 and dead? and how do i check the lock of the liquidity pool? also, i've searched for an hour now and the 'biggest' new coin only had 5k, nothing comes close to the 30k
can anyone tell me where is can see the **locked** lp and for how long it is locked ? i assume the lp you can see on "poocoin" is the total lp, right ?
saw this the other day and flagged it to come back to. thanks for posting this, i really appreciate it. i am going to try it out, but i have a full-time fiat mining gig and a family so i would not be able to spend nearly the time that you do on this. i read through some of your followup answers and i can see that you're still investing with relatively small amounts. given your success rates, it seems like you're being overly conservative which leads me to believe that you could use another income stream. have you considered doing something like a discord with a monthly subscription where you post daily updates on coins that have met your criteria? i'm sure many people on this sub (myself included) would pay -10. this in turn would allow you to fund this project for yourself going forward. just a thought, no pressure.
can i ask you regarding point 1, please? is it necessary for project to have included "pancakeswap: coin name" in the "holders" section? lets say i found very promising project and they have 60% on the dead wallet and fit all the other criteria, but they do not have "pancakeswap: coin name". is this thisqualification?
thank you very much for this post. i started doing this regullary since 2 weeks, but im not sure if im doing everything right, because : 90% of the tokens that i open on bscscan dont have the "00000dead" holder on top, and roughly 1 in 300 has the ""pancakeswap: coin name" holder on top too. is this normal? there have to be both of the named holders on top, right? not that im assuming that every second coin that i choose would be fulfilling every requierment, but just want to make sure that im not doing anything wrong. also, whats up with the holders where a contract-symbol is on the left of the holdername? should i abort immediately too, if such an holder is on top? about the whales: should i also abort immediately, if the biggest holder has for example 14% and the secont one has 4.5%? or is it more like if 10 holders have 30% its to critical? where can i check how long a wallet will be locked? last monday i bought a coin, everything on poocoin looked right, but an hour later there was suddenly a red warning under the holding-info like "caution: an unlocked wallet holds 99% of the coin". before i could sell, the holding capital dropped from 40k to 300usd. but hey, thats why im just investing 5 dollars everytime! :) its really a good post and very easy to understand for newbies. thanks!
disagree with golden rule, i made several times at least 1k by investing 2. so yeah you both avoid losing money and make thousands if you invest really early. for such amount you do not even care if it is a scam...
so...invest in shiba inu coin. confirmed. thanks
shiba is too legit to quit
isn’t the minimum purchase set to ?
thanks for the informative post
thanks for the info. saved for future reference.
an important advice about twitter is to make sure they arent followed by thousands of bot 1 day old accounts to make themselves look legit. check some of the twitter followers just to make sure these are actual people.
so could anyone suggest a gem coin?
and also,read the whitepaper.see if there is any informational youtube videos out there(no point watching price prediction videos,unless you are looking for some confirmation bias.). see what are they trying to achieve with their project.research the potential impact of their success.how many people will want this coin if it succeeds?and check out the market volume of the sector that will be using this coin.are there competitors?what is the difference between them?what is the current mcap?what is the max supply of the coin?price depends on demand,so a getting a low supply coin for a cheap price might pay off of it succeeds.but tokenomics is just an indicator.if demand outpaces supply even high max supply coins can get to relatively high prices. just my two sats
wow. what a great post.i actually feel able to venture into the world of new coins. thank you, so much, for taking the time to write this up and for sharing your successful strategy.
some great advice. lots of hidden gems on the binance smart chain if you can look past all the scams.
anyone have a take on happy?
as a seasoned shitcoin trader i can say this is one of the best reads ive seen in a while. good work my man.
great advice although the hunt for moonshots should not be limited to bsc tokens based on the fees on eth. it all depends of the size of your portfolio and how much you're willing to allocate to small cap projects. for me it is 1% and that makes eth fees almost irrelevant. people should not reason in fiat value but in percentages of their portfolio.
under the holder sections of bcsscan, some wallet address have that paper symbol next to their address. is that just a normal wallet or is that like a “dead wallet”?
funky toilet coin 55: ?! seriously though my 2 cents here would be to put your small bags in key hot areas for web3: virtual reality, decentralized databases, privacy browsers, internet of blockchains, etc. also do not put money in a coin with no max cap
this post is the kind of post that should be in this subreddit. to me, this is gold. a lot of what i see now is not useful. thank you for this.
i do not really understand this part >the biggest holders of a coin should always be the liquidity pool which is usually identified as "pancakeswap: coin name" and the dead coins wallet, usually identified as can someone chime in and explain this? like, where do i look for this "pancakeswap"? when i look into the holder list of this one coin, [the list looks like this]( \- just a string of numbers and letters.
this strategy is not likely to work. many coins require 0.1 bnb minimum buy-in. skip these new projects. you will be better off holding the bnb itself and staking it. sure, there are coins that go x10 every day. but for every coin that does that there’s 10 coins that will scam you. you always hear about the people who are successful doing this, but there are plenty of people who have lost a lot on pancake swap (aka scam cake swap)
remember to use rugscreen.com to check the bsc contracts!
how would you suggest verifying their website, and social media presence? is it easiest just to google each individual coin, or do you have a better method?
i'm in a state that cannot use binance. it's rather aggravating. i'm stuck seeing crazy gains and no way to join
what would you say is the best way to find ultra small coins? ~2k holders.
dude this is reddit gold.
thanks mate!! these definitely help!!
time to go frantically research “binance smart chain”. thanks so much for posting this method, can’t wait to try it out!
what if you dont understand half of what you wrote? lol
please do a youtube guide vid. will help us
why does this sound like something mr. lahey would say.
you're a saint, i just wish this was there 2 months ago when shitcoins became popular, although i think i'm more in profits than losses i wish i held onto some coins instead of liquidating everything
sooo... dump all btc and eth and yolo into memecoins?
what do you use to trade on the bsc exchange? i went to their website, set up a metamask account, but not sure whate exchange to use.
hi. i'm new to crypto and i would like to know where to buy gems from an ocean of shitcoins. please help?
i have a question about step 1 with the holders. what if the top ranked holder is the dead wallet and there is no pancakeswap? abort immediately? what if it is the inverse with pancakeswap and no dead wallet? thanks in advance.
as a holder of digibyte and ada i felt this! substantial coins vs meme coins ... we’re really living in the future
is it normal to go through like 30 coins and not see any that say pancakeswap for the lp?
these are the type of posts that help me check off the boxes predicting the next crypto winter. been in crypto since 2012. sold off and locked in my 10-20x for this round… waiting on the sidelines to enjoy the next winter buying season.
why i never got into newer coins. thanks for this post, will help me learn more and get in early.
fantastic post, thank you very much! keep up the great work
stupid question but this is still a fundamental i'm not entirely sure about: where do you buy the new tokens or coins? because of course, most exchanges do not trade them yet since they are in the early stages. do you have to create a new wallet for each of them? or as long as they are erc-20 they can be stored together with our other assets?
nice informative post. once i come across a new project, i first try to check their website. see what upcoming projects or development they have planned. then i look for the whitepaper. if the paper does not go into detail on what is the problem, how are they trying solve it, and when is it going to be released, its automatically a shit coin. if all this information is available in detail, i then check their social media's as well as the market cap, look at the developers and see what their past experiences are. then, i will see which exchanges does it trade on. after doing all of this, if i am satisfied, i will thiscuss it in my group of friends and look for different perspective. after gathering all the data i then make a decision if i should invest or not. also, word of advise to all the new investors. do not look at r. almost every coin is some sort pump and dump scheme. their whitepaper carries no significant information and most of the time they are all scam.
all good advice. the one thing i'd add, is that it takes money to make money. if you have the funds, do not be afraid to toss more money at a coin that catches your eye. literally 20x'd and 10x'd on two coins i found recently, and they show no signs of slowing down yet which is nice. i'm glad that i put a half decent chunk of change into them, because later it will more easily fund my new coin hunting to have the potential of massive gains. doing what i did easily outweighed a 500 dollar loss i am at with one other coin i grabbed which is not currently doing so hot, but i think will take off. thanks for the guides though. definitely great info.
i started mining through nicehash about a month ago, would it be worthwhile to use the mined funds for this? should i still use bnb?
mannn, i am still upset about losing . i had no idea about rules, i was totally new to the game, and thought hey i’m in really early! turns out a few minutes later there was no liquidity left. fuckk!! . thanks for this super helpful post.
also yes, one more addition to op's advice - to make the jobs easier, i just review all the moonshot mondays submissions rather than sifting through the coins manually. from this, i know the coin group is up shilling hard about the coin (this is a really important thing especially for crypto where the marketing plays an important role given more than half the people do not give a shit about the whitepaper or the tech) hence, i risk not buying a token with good tech.
*throws 5 bucks in 100 shitcoins. oh yeah lambo on the horizon 😎
are you referring to [this grey icon](
long post but let us see if people actually read it and verify what i write. this is not a doge, quite the opposite. ' this post is meant to give you information about a specific project that i have been following and find interesting enough to share. i'm not here to try and lure you in, that is a choice you can just make fine on your own but i am here to supply you with some information about a project that could potentially be a real gem. there's no guarantee at all but there is a lot of information and there is also a lot of actual proof of work so i am just going to explain what [effect.ai]( is and why it probably will be here to stay. the [effect.ai]( network is a dutch company that basically (as so many do these days) developed an a.i. that can be used for a whole bunch of things. a actual working case now is that youtube is in contract with them and their a.i. has been doing the realtime translations since a year or a bit more. several very large corporates (aton, kraft heinz, united nations... check their page for full list) recently started to participate as customers. why is this interesting and why would this company be any different then other companies that are building a.i's? well that is actually pretty easy: they have a unique concept and are 100% tied in to crypto. how does this work? i'll try to explain but obviously you are better of just checking their source and now me, the random internet dude ;) [effect.ai]( has an a.i. that like all other a.i's needs to learn things and what it learns needs to be verified. this is where this company stands out compared to others building similar things: they are using the world as their employees. how do you mean? well, they do not have employee but instead they have a "workforce" which anybody around the world can join. within the workforce you can do qualifications to see what level of education you have and what you can contribute in. if you're flipping burgers at mcd then you probably cannot do more then verify images and stuff. for example the a.i. will say that the traffic light on the picture is red and you confirm that it was right in its conclusion. this is how it learns and it goes from image verification to movie translations to validating chemical formulas. it all depends on what you know and can do. the whole workforce is paid in efx crypto, this is pretty much your salary that you get each time you complete a task within the workforce. you can stake at their own platform for nfx or you can do similar things on the exchange they now use. with this workforce idea supply and demand are both covered since any new customer for them generates work for the workforce meaning efx needs to be bought in order to pay the workforce. if you really want to grasp the idea then do not trust me but do your own research and maybe join up on their workforce. you can earn some crypto and get acquainted with their project and decide for your own if you feel it has potential or not. main reason for writing this is just because there are so many posts and promotions going out towards things like doge, shib, vet and what not and most of them do not use have a use case or even represent something. figured it would be nice to see what happens if you put up a real project here and see how many actually will spent the 30 minutes to see if what i write is true. as a last i feel i am sharing something valuable here especially considered that they have grown to big to be on eos d-apps and are within weeks moving to binance within the bnb smart contract. google it, ignore it or embrace it. at this point the above is just data. it's up to you to make that data into information ;) happy trading nevertheless !
hazel i’m not seeing the view bep tokens on the bscscan website. where is that located?
what about the shiba coin where they gave 50% of the volume to cryoto saint vitalik? is that a major red flag?
this post should be excepted from the 1000 moons rule.
this post is a gem!
along with everything else, sticking to bsc is great advice!
i'll risk being downvoted as i'm a huge crypto skeptic but : - what's even the point of new coins in this market if this is not for speculation and hoping to make a quick buck on the shoulders of a less informed person - if a better project than the current big cryptos emerges, how the regular people would be able to not loose their entire savings as people switch from one coin to another ? - what the value behind a coin ? every project seems to be similar and look like a ponzi scheme to me, waiting for people to buy, pump and dump
how come more people are not doing this to make money? just rummage through these shit coins 1-2 hours a day, put in your . multiple up your efforts or increase your bets to any reason why people are not doing this?
binance smart chain is only for outside nyc correct? what about the people from nyc what can they do? sorry i am new to the crypto scene
this was extremely well written and explained, probably my favorite post on this sub. i only had one question what is your exit strategy? when do you decide enough gains have been gotten? i know you said if the crypto team stops communicating but other than that is there other ways you decide enough money has been earned and to pull out. thanks for your help! !ban 1
the network fees on pankaceswap are insanely high for the coins i've found. like . is this normal?
if a coin cannot explain exactly what they do and their value proposition in two sentences or less, i will avoid it. it has to make sense and fulfill a legitimate use. i look to see see what accomplishments the team has and their connections. for instance, algorand has a turing award winner and deep connections to the sec, the federal reserve and m.i.t. are just some of the connections.
this post smells like a . or is it just because ?
for these types of coins, where is one best to buy them? i use binance but don’t see the new coins listed.
thank you, i really needed to read this. i get way to eager and dump half my paycheck into coins
im new to this can someone help me with a question. ive bought a few new coins through trust wallet -> pancakeswap. i can see the new coins and how much i own in trust wallet, but i cant see the % gain or loss, and even though the i see the coins go up on poocoin i cant see the gain in dollars on my total balance in trust wallet. is trust wallet not ideal for buying new coins or should i swap to something else?
thanks man this helped me spot at least 2 winners :)
would you be willing to explain to a moderate newbie to crypto on how one goes about getting an account set up to purchase newer (i.e. first you want to download binance -> then pancakeswap -> etc). i’m still wrapping my head around it and doing my best to learn. if not - no worries, i’ll troubleshoot until i figure it out, thanks! :)
this post is one of a gem as well! just started again recently along with my friends, will keep you posted. happy trading
thank you very much for this! tested it out and had good success. hope you do not mind some questions, but when do you "cash out" (with something succesful at 10x 100x etc)? and when do you decide you are to late to the "train", at 1k holders, 5k holders etc. would be nice if you had an example of something that fill out all your criteria. again appreciate the post and effort!
how do you find the value of the liquidity pool ? (referring to your 2nd point).
thanks op. this is great. i just have one question - *"a locked liquidity pool is also important. make sure it is locked for alonger period of time. 3 months, 6 months, 1 year or longer are great.you do not want the liquidity pool to unlock tomorrow."* how do you determine this, where do you find the information?
1. how to identify if the coin has a locked liquidity pool + for how long? 2. can i pull this off as a minor? or do i need to be at least 18 to use these services?
let's be real... btc and maybe eth are control their own destiny. everything else is an alt that goes up and down from btc. yes there are some good projects but they all live in the shadow of btc. do your own research. invest for the long term and if you do not understand the project then do not invest. see you all on the moon !!!
as much as i think this is sound advice, i’m gonna have to say no dawg. the problem with this is that it’s too logical. you think people buying doge coin give a shit about its use-cases? it’s team? the liquidity pool? no, they don’t. i think you need to evaluate a coins meme-potential. who is pumping it? how much exposure will it get? how easy is it to buy (doge being on rh was key)? how likely is it that people will hold? is there any event that could cause volatility (listing on an exchange)? find the story. with gme it was moass turns into fk the finance worid. doge is an extension of that but with more lolz and papa elon. i don’t know what the next will be but i don’t think the fundamentals will support it.
honestly... if it is a new coin that is launching in 2021, yes. it's a shitcoin. there is no need for any other new coins. there are at least 56 coins for every conceivable "use case" imaginable. we do not need more. any idea you have can be implemented on top of an existing chain.
safemoon 1. check 2. check 3. check 4. check 5. check 6. check ' oh wait, safemoon is forbiden here...
i think its good to mention, that no matter how shitty you think a coin is and how obvious it is to us that it is a scam, many people fall for it because they do not know anything about cryptocurrencies and just jump on the hype and the 24h % increases they see - just look at doge. i've had so many friends ask me about investing into doge, since it passed the 0,10,70- i tell them its blood money in my opinion and that i do not fuck with it because i do not want and am not ready to take the risk, especially now at the price it is at. no matter the fundamentals of a coin or the technology or the team or other important factors that make a coin legit or not, it does not matter in the short term. that is why i am in it long term, and the coins that actually have good fundamentals will win out in the end.
thanks for putting this together. i am just getting into crypto and trying to learn about it. this post is a gem among a sea of shit posts
wow first time in awhile someone has not just been basically saying "fuck everything but btc and eth" and provided insight 🍻🍻
stopped reading when you said people should invest in bsc network tokens - those are the true rug pulls so your post smells of scam
i always say that if their website has "view price" or "view chart" as the first thing you see, it is a shitcoin scam
> start trading on the bsc (binance) smart chain. a shitpost for shitcoins.
i only buy coins to games that do blockchain. if i like the game and want to keep playing, i buy. favs are lost relic, gods unhained and town star
thank you for post i saved :) only if i missed something
i'm saving this for next bull market. i have a feeling anything new right now, is 99% likely a scam.
i got bagged by my first scam coin myself. only lost ’m not even mad. i was getting carried away with the meme coins and needed to get burned to bring me back down to earth lol
stay away from crypto coin trader facebook group. joe blackburn is a total shill for liquid dogshit. don't try to reason with the people on there who have 16 min crypto experience. you cannot win.
yep, this is so spot on. been doing this for a month now and it is working beautifully. almost all of their dips today are at least 5x over the initial buys.
guess sticking to btc eth ltc would be considered conservative nowadays?
this is the best information i've seen so far. thank you for taking your precious time to spread this useful information to those people who really are not that informed, and even a good read for those with experience.
so much good stuff. that's why i'm waiting for the big rugpull from safemoon. ready to lose my 75$
on the first point you talk about checking holders but i feel it is waaay more important to follow the money of the very first few transactions and what they did with it. many of this scam coons can just be avoided by seeing the deva keep wallets stacjed with coins, and slow rugging people. but when you try to warn anyone... your voice is supressed
can someone explain how to view holders of a coin if i were looking it up by the address?
instructions unclear went all in
i did this with chainlink in 2017. my . i still kick myself for not dumping money into it, but it was the smart move.
> bonus: doxxed team this one is a huge bonus. if the team members publicly identify themselves, for example through youtube videos or live ama, it reduces the chance of a scam to almost zero. *hey, hey, hey.*
this is the type of content we are in so dire need of. not these moon farming attempts where everyone repeats the same widely agreed things over and over again for a quick buck. great post.
i’ve heard a lot of bad things in the past about binance.us, have they cleaned it up yet? or is there another way to use the bsc in the us? maybe another alternative with low gas fees that’s available in the us? i’m having a hell of a time sorting through available information to figure it out.
link to the other post:
this kicked me over the ledge. i'm now using bsc. boy what a pain to use in the us!
buy shitcoin!!! got it!
this is exactly what someone peddling a shitcoin would say
thanks for sharing your knowledge...i mean it.
thank you for this!!
it’s simple only buy the coins that 100x
i know this might sound kinda dumb but could anyone give me any feedback on the pi coin? i’ve been doing research and found good points on both sides. is it something i should invest into or not?
this post is awesome. thank you. based on these criteria, there is a lot of shit to sort through, but not surprising. i suppose my follow-up question here is, to the extent that "safe" can apply, what's the safest way to be buying these coins? i take you buy some bnb and swap it with the liquidity pool of the maybe-not-shitcoin to be acquired. what apps?
great job on this!! i wish you had done this 6 months ago haha i've learned the hard way but with this guide, you would not (as much)
nope. all are trash including btc segwit
my half brother sent me a message giving me a pi coin should i accept it
how bad is ?
what market cap coins do you normally go into?
hi, thanks for this, i will be following it. curiously, care to name any gems you found using this method?
where do you then actually go and buy these new coins? is it all over the place or is there somewhere somewhat simpler to purchase and track the new coins you buy?
just stay away from scams
wow. thanks this is super, informative! ^^^^^,^,^^, i’m a bit confused. trying to view new tokens on that bcsscan: i don’t see any grey icons next to any tokens. care to share a screenshot of what i’m, looking for?
great read mate, thank you for taking the time to share this!
just wondering as someone trying to figure what they want to do in life, how many hours a week do you work if this is your living?
great post, agree with everything
you are a lifesaver <3
350 bucks a coin isn’t added already?
this is exactly why i support btt
icp just droppped on coinbase ! pump is on !!!
i lowkey need funky toilet coin 55
im new in crypto...anyone has the bnc website op didnt mention?
lpt: research every coin you buy while taking a shit.
it’s posts like these that get me even more excited about cryptocurrency. thank you!
for you guys out there which site he meant on part 0 on the post above he meant go to this website and refresh until you find a good coin.
thanks for sharing. i'm new(ish) to crypto and am grateful so many share the lessons they learned when they started out here!
stop at “be prepared to completely lose your money”. until these shit coins stop, none will be worth a penny.
this is incredible. thanks so much
very informative learned a lot
this is actually a good post. thank you op.
is bsc in binance dot com or in binance dot us? i'm asking because i dont remember the webpage of binance dot com right now
can’t even get verified on binance.us. it’s been a week since uploading my drivers license and still pending. any tips?
proudly unwashed balls empire (pube) if that does not deserve to be listed in the innovation zone i do not know what does
ah, what an incredibly awesome post that i will promptly save to read and follow later, then forget, and keep being poor! (thank you!)
great post! take my free daily award 😎
found a new gem called dfc. a gamified defi ecosystem that simplifies yield farming. not listed yet but ido is coming soon. also, backed by duckdao! dyor!
great write up, thanks
i was just gonna post asking about all of this. thank you very much!
are you a girl? if so that is badass. you're legit af
op you should start a thiscord or something where you share your “this is not financial advice but here is what i’m liking this week”. more people investing in what you like can only be a good thing right?
i tried out your advice on two examples (astrodragon dragn and pangea ocean cleanup poc). along the way i thiscovered that the majority of people enthusiastically responding to a dragn post on reddit were inauthentic. and the pangea coin - well, it is great to get plastic out of rivers and oceans but what exactly is the coin for? pangea itself seems to be volunteer-based, and it was not clear how the coin people relate to the volunteers. so, anyway, it is hard to see how either is a great prospect though it is clear that both are attracting enough attention to mean that you could make some money off them, at least short term - i think; anyone not vested in those coins is welcome to set me straight if i'm wrong. anyway, thank you for a very interesting post and the hour i've spent learning a little about new coin profiles - already both the coins i looked at have scam doppelgangers with names slightly different and profiles that most certainly meet your criteria for walking away.
or go to r: elon, space, mars, moon, doge, safe, launch. oh right, and they’re all “charity tokens,” so your bag going down the drain will go to a good cause or something idk.
this is what i should be seeing when opening reddit at 4am. thank you
hi, i am new in crypto, and i would like to create a wallet for bsc. in your opinion should i try trustwallet or metamask? thank you in advance for your responses.
wait, this is probably what i needed to start taking my own decisions on crypto. thank you so much!!
thanks alot op! these are the types of quality posts that makes browsing through a sea of shitposts worth it. ps. i saved this post, please do not delete it ill probably need it in the future.
im a noob here. but how to trade on bsc smart chain? is it the same thing as binance app?
saving for later...probably get to it in a few years lol
you're an absolute legend, at least to me now. this is exactly the type of information i was looking for, but could never find and did not know how to ask for. thank you a million times!
how do you determine how long the liquidity pool is locked on poocoin? i see the bhiba.
as someone completely new to the smallcoins, where are you buying them?
i bought 30m shib just for fun. fully understanding my . but its good practice for owning coins, trading, and just being in the game.
i looked on coingecko, “save the world” is a real token.
if you dont want to answer its ok but how much have you made in total?
any thoughts on bonfire i found?
is it possible to buy coins for ? and if i identify suitable coin then how to buy? apologies for silly question.
you lost me when you said to look for gems on the binance chain sorry...
excellent post. i started a site called coinrank.app to help try tackle this issue with a simple scoring system. would love any feedback
how long do you stay invested in a coin? do you have a range you would use. thanks for the helpful guide!
> funky toilet coin 55 you have my attention. may i inquire where one might purchase such a coin as this? for a friend of course. 🧐
every coin i look at that has the gray icon is listed as 0.00. why is there no coin with a gray icon that’s trading at anything?
there are 5,922 different coins trading today ... more tomorrow 😂
amazing info, will put to good use
really good, thanks for this
not “very soon” but at some point.
remind me 1 day
love this post! stupid question but where do you buy these? as they are not listed on any exchange yet.
is a tactical dot allowed?
u, just curios how long you’ve been doing this and whether this strategy was still working during a bear market?
so i’ve tried this for awhile , im struggling with poocoin, everything shows 0lp token ! can someone please post a screen shot ?
basic question: when doing this and finding new coins, does it make any difference if one coin costs ,0001 or ? do they both have the potential to multiply in value short term?
thanks so much for this. do you purchase these new coins using pancakeswap? a few i've searched for have not come up on there or any exchanges.
maybe i'm missing something... but how can you actually buy these altcoins? do you just for them to be put on pancakeswap?
can i ask a dumb question? if i follow all of the steps, find a coin that i really like, how do i buy it? often they are not listed on finance and i don’t fully understand pancake swap etc. so if anyone could let me know either an alternative way to purchase or how to use pancake swap please let me know thanks!
i’m in new york state so i cant use binance. is there another way?
so most of the new coins do not have social media links on bscscan - or do the good ones have it?
how do you buy these new coins that are not listed on binance etc or is there a guide somewhere?
hi! i did my research and bought 3 coins today. one thing i didn’t understood correctly. do i have to hold those coins at least 2 months? and the sell it?
sorry noob question, i must be pretty dumb. where (what exchange) do you suggest trading on? is this it?
how do you check if liquidity is locked or not? i'm still reeling from this info and cannot get my head around it
i still was not able to figure out that locked lp thing. where can you see that? there is nothing shown on poocoin.
how do you tell if the liquidity is locked
is anyone else having the problem that bscscan has a delay in the token transfers from 8-20 minutes? usually it works but it’s been playing up the last couple of days
fantastic read that mate. well done. i have been trading only 3 months. made many mistakes an lost a fair amount of money. i then stumbled upon mello an it ticked all these boxes. i have share this page as this advice is valuable especially in the market we have right now. many scams and people being burnt. thanks for this very educational
thank you for this post. very informative
when i‘m looking at the holders, theres often adresses (mostly top 5) that have an icon named contract on the left side next to them. what is the meaning of that?
it's funny, i almost used the same method and i found a few good ones notably kim jung moon (kimj). a good one for sure and more funny than dogs coins.
i've noticed a lot of holders on some of these coins do not even know they are holding! it looks like a strat to seem like there are a lot of holders when in actuality the founders have sent a bunch out o a lot of random wallets. comments on bscscan sometimes have people mentioning it and should probably be a red flag.
good post. crypto giant on youtube uploaded a read through of it today, pretty much word for word.
thanks so much for these amazing and informative posts! i was just wondering on average how long you hold each coin for (i noticed you said they could be pretty static for 5-14 days) before selling (if retaining the original investment)? do you have a growth benchmark or set a period of time? i was also wondering on average how many coins you would invest in concurrently? i’ve set aside around £50 (lower than the bag you suggest - but i won’t go all in just yet while i find my feet) and following your rules i’ve invested in what i consider 4 decent prospects so far. trying to decide on whether to see how these do or select another 6! is selecting 10 (in total) taking too much on? i can afford to lose the initial investment -but would rather make this a successful project obviously! not sure if you will see this or reply given the popularity of the post and i’m sure you’re a busy lady. but a steer in the right direction would be very helpful if you do 🤗
so what yall gauge elongate based on this?
i needed this. thanks for the post op!
hi op, i've been studying your post for roughly a week now. it took me a while to understand since i'm a complete newb at this but i finally pulled the trigger yesterday and created a metamask wallet to start. bscscan was kinda initmidating and when i wanted to invest into a coin, i find myself stuck because i do not know where to invest it in. so instead of going to bscscan first, i used pancakeswap to check the coins available then went to bscscan to investigate if it checked the boxes. (not sure if i'm doing it right) as of the moment, pancakeswap have limited coins there. do you have any other sites to where i could check and invest in the new coins? :)
so this might be a dumb question, but once you find a coin you want to buy, where can you buy it? i've searched for coins on the trust wallet, and i can never find one that i found on the bscscan site.
i do not think as many people would be put off by "funky toilet coin 55" as you might imagine. sounds like it has legs to me
“the shitwinds are a blowing randy”
2 thumbs up for this!
i'm doing exactly what is here, enough to all these youtube fake videos. this is priceless, thanks man
as someone trying to learn, this is incredibly helpful, thank you so much. one question though, can you give a real world example of the dead coins wallet? i see pancakeswap coin name part but i cannot find the 00000000000dead part.
so, "is this coin technologically innovative or scalable or being adopted" no longer matters? its just about logo design and hype at this point?
this is great advice. thanks for compiling!
anyone here knows how to farm moons?
too long to read, i just scanned for the first mention of a coin name >funky toilet coin 55 sweet, got a 35k bag. used dads visa but he wont know till next month, figure it is gotta moon by then.
this is awesome - thank you so much for putting this together! question: would you ever revisit a coin you originally passed on? let's say another 2 months down the line and they got their act together or maybe they weren't prepared for you the first time around? or once it is a "nay" you do not look back type of deal? either way, this is a great guide for a crypto fledgling such as myself.
holy shit finally a good fucking post on this sub. miracles do happen
finally a good fucking post on this sub. great job op.
you lost me at bsc
you can really take the template of safemoon and if it applies to said coin boom shitcoin
happycoin ticks all boxes
fuck, this looks really well written. i wished i had read it, instead i scrolled down here to type this and up vote the post.
good quality content, thanks!
brilliant advice - clear and concise enough for those new to crypto to follow, thanks for posting
commenting to find this again.
also avoid any coin with the name "moon" in it
>and a twitter account lol fuck twitter
maybe your real goal is being a moon farmer
booooooooring. where. is. lambo?
its very simple, if it am not bitcoin its a shitcoin.
recommends bsc lmfao what an idiot
i do not understand how absolutely no one is talking about . are people to focused on shitcoins to notice the coin that allows you to pay with multiple cryptocurrency at 41k places in the us and canada literally rn. if you know you know i guess.
literally every cryptocurrency besides btc and *maybe* eth is a shitcoin that would not be around in 15 years.
saved for later. thanks!
can someone throw some confirmation bias my way and tell me that shib is a scam coin
this is a guide for finding shitcoins that do not immediately rug pull, not for finding "gems". smh. the absolute state of the market right now, embarrassing.
name me 5 coins with the most potential
i have a question if anyone knows the answer to it i’m a noob just trying to learn lol. when i see the holders section for a new crypto i see that one of the holders has a contract next to it ( a paper symbol ) while the rest don’t. what does this mean ??
i heard pawg is a solid up and comer
good info! i’ve been wondering about this for a while.
>"poocoin" haha you said poo
i hope anyone who sees this can go check out . it's a legit project with an absolutely lovely community. launchpad + incubator with seed funding mechanism. mainnet is going live on may 28 and is top trending on coinmarketcal. the project is very transparent and you can view the whitepaper in [seedify.fund]( you can also check out their[medium]( and telegram channel. if you wanna see their progress you can check [trello](
i do not get it. it's a guide to identify new coins that are not shitcoins, and you're not even including the *purpose* of the coin? every single xmoon with burn and apy and yield farm and stake and whatever is a scam, if you think it is not a scam just because it has a nice logo and a big liquidity pool then you are delusional. when we get out of this hyper irrational market then all the bullshit coins with no purpose will go to zero, and you're left with coins that actually provide something.
so... the way to spot a great project , logo, if it has a twitter account and a website, and trading volume? really? is this how you spot a good company too while trading stocks? actual utility, partners and usecases does not matter at all? fucking ridiculous rules which will get you burned in a long run.
you just wrote all that up and you only trade ? lol
get a shiba pup and rear it. you won’t regret it.
awesome, safemoon and bonfire meet all the requirements!!!!
why even bother with ? or even ? i do not mean to be a dick, but if that is all you can afford to mess with, you should not be messing with this stuff at all, other than just for fun.
you just validated safemoon on r. we love to see it
how many wallets and?
what a fantastic post, thank you. may i ask, picking at random, what does this tell you about the holders? [ the first appear to be contract addresses. does that make it more or less at risk of a rug pull or similar? i note only 1% have been thrown to the 000000 eth address. not shilling, just trying to understand.
again, great post. i'm going to use your guidance to not get rug pulled.
yeah staying away from those shitcoins. i'm just enjoying yield farming on aggregators like pickle. waiting for eth and btc to super moon
great advice, op! thank you! i have few questions. what criteria do you use to sell vs. hold long-term? can you also share some thoughts on what coins you currently hold and why?
thank you for taking the time to type this up. definitely saving for later reference!
awesome list dude! just commenting to remind myself to come back later and follow your advice
buy all coins. win
fantastic in-depth post i appreciate the effort you put into it.
how do you check ? how do i check to see how many wallets are holding this coin currently?
how can you tell if a liquidity pool is locked?
6 seriously cannot be understated. i’d say it’s often the most important aspect. is this a reputable and successful group of people who actually had careers elsewhere and saw opportunity here? huge plus. i don’t care what your use case claims or how good the white paper looks, if your team is a bunch of amateurs, i’m out.
great thread, feel like i am learning a lot. one question though: where can i see how long the liquidity pool is locked for? i looked through the webpages but maybe i just missed it.
this is probably one of the best posts i have seen. amazing information, crazy that there are people out there paying for this yet you are basically giving it to us. thank you so much, and i hope you grow succesfull.
take away my free reward, you deserve it.
nah they are all shit
this is the kind of post this sub desperately needs
i’m still very scared to risk on smaller coins. i think it’s a lack of experience and that i’m afraid to get burnt. but this post was still great info, thanks for this! saving if i ever get the nerves to test the water
quick question does this method work during a bear market?
thank you for this, too. after reading your posts, and many others, i feel as if i have nothing to possibly contribute to the sub. one day, i will...
thank you for all your contributions to this subreddit, you have taught me so much. it is why i joined this subreddit. i must say i am quite shocked at the amount of coins in the top 50 holdings that have addresses holding over 30 percent. i shall be staying far away from those!
and do not use margin!
thanks for the tips op
appreciate the post. going to give this a shot, honestly!
> if there are no updates for 2-3 days, sell and get out. a good team should update its holders several times per day through several channels (twitter, discord, telegram, etc). it's okay to get only 1 update per day, but less than that is a red flag. i only thisagree with this, if it’s a small team it can take a while for developments to happen this is overly conservative. it’s the same tired argument that there’s not enough activity on github, it’s a worthless metric.
for the average investor it is much better advice not to look for new gems in a sea of scams, but to search between the more established projects for a vision in which you believe.
i've been looking to get started with new coins for a few weeks, but never knew where. in my mother tongue we have this expression that "you're unable to see the forest through the trees", which is kinda how i felt trying to figure it out on my own in the little spare time i have. so thank you for writing up this guide!!!
i feel personally offended, my runescape name used to be funky toilet!
wish i had read this before sticking a couple hundred into grumpy cat last month lol, many thanks
very good post. one question when do you sell do you put yourself a target for example 300%. as for me i always become the victim of greed and dont want to sell or take profits.
thank you a lot, that is very helpful.
man this sub is getting to be quality with posts like this!
this is awesome info. thanks for the post.
thank you so much for this. this is super helpful, especially for a newbie like me and it is so well written and easy to understand too. thank you, seriously.
>also watch out if there are too many whales. for example, 10 wallets each holding 3% of total coins is a huge red flag most of the coins i find, have a few addresses holding about 3 - 4 percent. [ 5 hold 1.5% - 3.7%) [ (one person holds 14% [ (only two people hold above 1% and not by much). so according to your advice, i should not bother with any of them? thanks!
just wanna throw in my thank you for contributing awesome content to this sub. desperately need more users like you <3
close your eyes and pick a shitcoin
thank you for this valuable piece of art! may you never fall victim to a shitcoin pump.
this is incredibly helpful. i’m so nervous about investing in something that turns out to be absolute garbage. i really want to get involved and and crypto, but i’m struggling to start that initial investment.
questions... • what time frames are we talking about here? • how many new tokens, weekly, monthly? • is this a rinse and repeat kind of operation, for which new opportunities arise regularly?
bookmarked! thanks for the awesome guide.
where does one look to see how long liquidity is locked? 👀
finally a good post after such long droughts. i tired of manhattan real estate analogy and tcp.
thank you for mentioning small amounts to start with. i've had greater success with a bunch of
good luck to everyone! i made a killing on cartesi!
talking about avoiding shit coins and the first thing you bring up is binance lmfao
thanks so much! i will be studying this.
i always fancied this but never knew where to start, cheers dude.
*give a hug* thanks king
newbie here, and this is wonderful, i love it
basically just buy alpaca and you good fam. come stake with us!
thank you this had to be said💪
with the inevitable integration of cbdc in many countries i just bet on btc and eth and some other alts on the top 10.
great post. totally agree it’s better to stick to small stakes in these kind of investments until you get to the point where you can read a coins legitimacy a little better.
buy suck elon’s dick, 100% not a scam
this is beautiful. thank you so much for putting this together. i award you because i cannot give you an award.
actually, am happy with shib, a lot of my friends now a millionaire. they know the risk and it pays. we got some shib as well. sold some and transferred profits to plugnet, fwt, sol, reef for long term. you just need how to play.
elaborate enough for all new investors here. good work op
i don’t care anything with a dog i’m buying shib shitz etc. the one with worst website i’m betting the most on i.e. shib
every shitcoin is a shitcoin unless it has a use case where its tokens are involved in the product and not used for speculation only.
this is the best post i’ve seen on here. well done 👍
i have been lurking this subreddit since long time, i have not posted anything or commented on any post, but this post...this is the best post that i ever came across, saved it too. thank you for taking your time and posting such informative and quality post.
anybody have an opinion on hnt. been reading into it and seems super cool in terms of their mission statement. as for the actual value of the coin im having trouble determining a long-term outlook for it. how do you assign projected value for something that does not have earnings?
i’ve been following wsb for a long time so i automatically yeet most of my portfolio. in all seriousness this is a solid guide well done.
great post, thanks for sharing!
brother this has got to be the most helpful thing i have read on here. thanks for the share me and my wife are going to follow this to the rule...
wow! thank you for your time in creating this post. this gave me the confidence to start diving into this kind of investing.
i love and what they stand for and many others as well. to name a few. does anyone have any others that they like? please do not include links, thanks!
thank god safemoon 6
really great work. thank you for putting time in to helping people like me better understand this process!
> make sure it is locked for a longer period of time. how do i do this?
if its not bitcoin or etherium it is probably a shitcoin until it can prove itself.
do you have an average percent in profit you look for before selling? or some other indicator?
thanks for your guide! super helpful. how do you check for twitter and website, just on bscscan? most of the coins listed did not have any social media stuff on there.
thanks for your info…i saw your post the other day and just followed u. i appreciate all you contribute!
, thank me over the coming months...
geez that is helpful! thanks a lot for taking the time and writing this op.
avoid bsc (binance) - most meme. invest in real projects, not memes.
thank you! i’m brand new to crypto in general, and for some reason specifically intrigued by the small coins. its not the easiest thing to figure out and jump in to. really appreciate you taking the time to put these posts together!
thankyou - a very insightful post!
total respect to you!🙌🙌🙌
wow, thank you for this op
thank you so much! i stopped buying doge after reading this sub and i feel like i dodged a bullet! this is exactly the kind of helpful knowledge i've been looking for, but in 1 place instead of 10 different websites!
thank you very much for this information. i bought shiba inu token this morning.
where do you find new projects?
i really appreciate this post!
well written, thanks for sharing your experience
what about people in the us? binance is weird here. i cannot get kyc, or connect my bank
great post. not sure i’ll ever do this, but great anyways.
how do all feel about dogetoken? not dogecoin
that is some usefull stuff right there, i'd like & subscribe... but where op ?
beast thank you $!!!
bullish on funky toilet coin 55
you just described hoge, excluding the use of the eth platform, however its moving in the right direction. especially with 7 doxxed team members, level 2 certik audit, dao, and so much more. gas fees are keeping it tame right now, look forward to seeing its capabilities once hitting the us market.
great post. these are some things that i've been slowly learning and putting together for a while now. you have saved me a ton of time.
how do i go all in on funky toilet coin 55? address? asking for a frie... uh uh i need this in my life!!
what’s your opinion on: saturna. it has large volume. stylish website and coin design. there is an image when you search for it on pancakeswap via the contract address. largest holder is ox0000000000000. number 2 is the contract. 24,740 holders. 54k transfers. i don’t see about owners being doxxed but it says “renounced” on the website. website: [ bscscan: [
thank you for writing this. learning so much in this sub !
this is a reaaally good post man. thanks so much for this!
now this is the kind of stuff we need on cc
thank you for your hard work here!
quality post! i think adding some side by sides (say, btc v safemoon) would help some of the newer folks.
r, such a helpful post. thanks for your time and effort making this. one question. you said 10 wallets holding 3% each is sus and i immediately think of doge where it is rumored 10 wallets hold 50%. what level of concentration will steer you away? at what point do you feel confident investing?
thanks for sharing your wisdom!
transactions are like . so investing ’t really an option
great post. thanks for the info. should make it a easier to spot the shitcoins quickly and avoid losing some money.
great post, i learned a lot.
thanks for the interesting lecture!! it’s great to see ppl giving out great advice cheers
bnb enabled so many shitcoins way too easy
thanks for sharing, great post
as someone who has done their fair share of somewhat profitable sports betting, "do not invest more than " seems like unwise advice, but maybe i'm wrong. surely that figure is wildly different depending on bankroll.
just worried i’ll miss the boom. i need more friends in crypto
and how to buy it? i only have bought from the exchange
how do people find out about coins being listed before they are and which exchanges?
idk man...i just might buy some toilet coin 55. seriously though, good advice. i found telcoin a week ago just looking through charts, and before i bought, i did a lot of the things you listed (social media platforms, trades per minute, etc.). knew it was not a shit coin, got in at a penny, already 5x my investment.
thank you so much for posting this man! i joined this subreddit because i'm totally new to cryptos and posts like this help a lot of noobs like me. again, thanks a lot for taking the time to writing it and spreading some knowledge!
i love this advice. i'm definitely going to try it. now, and i hate to be that guy, does shib pass the test?
dam sleepy passes all the rules
why does it have to be only ?
how can you tell they have used a decent audit company?
i don’t know what it does but take my free award.
according to point 2 liquidity pool, safemoon and shiba inu are according to that, safe?
whos getting on the deeznuts train?
absolute legend. as someone whose only source of crypto to invest in is bat from brave, it is really encouraging to see things that involve smaller investments. it's scary jumping into the scam, it makes it a lot less of a blind investment. i'm pretty sure it is just gambling with extra steps but sometimes you just want short term gains yanno.
i know there have already been a heap fo posts about this, but i really wanted to say thanks for posting your strategies, explaining them and most importantly sharing them. as a very new person to crypto, these types of posts, with useful information that is explained well, are hard to find. probably like sorting through the new coins to find the gems :). i've been reading through what i can find, watching different yt channels and generally exploring this new world. i'll admit, at 54, this is an exciting new world and i'm enjoying the ride so far. albeit entering carefully with the huge stake of ... but you have to start somewhere right? cheers
this is a quality post. saved, thank you.
thank you very much for writing this. i have been stalking all these crypto articles and views on reddit and whatsapp from past 1 month. did get fomo lot of time but i would not start investing without learning basics and proper research. hopefully i will start investing from next month.
do you still recommend using binanceus if i'm in the us? i've read the fees are different, among other things.
do you have to have a binance account to trade on bsc?
i love you. been putting together a personal strategy as a beginner and this post probably just saved me months, thank you.
this is a great guide to finding shitcoins. there’s zero fa done here lol. i couldn’t sleep well at night knowing my money is in a potentially weak project. also trade for a living, and if you make money great. i just don’t think this is a sustainable trading strategy going forward. just my thoughts for any noobs here.
would safemoon pass the smell test?
my only quarrel with this post is telling people to use centralized china networks like binance smart chains. that defeats the whole ethos of crypto being a decentralized peer to peer transaction. and centralized exchanges will screw you out of opportunity because they are intermediary risk.
thank you, great advice.
the thing about several updates per day; how can there be something worth talking about that often? are you referring to price movements and coin updates, os is it enough to simply shitpost daily on thiscord?
good set of rules
do you have to trade on a chain? are they no new currencies left that are not associated with bnb or etc? i'm assuming bscscan would not show coins that have nothing to do with bsc? personally i do not trust any coin that is not fully independent. it cannot have the same functionality or purpose of it is relying on someone else's blockchain.
gonna throw a solid 300.
small cap gem starname iov 👀 honestly good team and loving community hope to see more people around in the future
what are some examples of coins you have recently had success with?
feelin the fomo someone hit me with a good coin
how do you feel about devs that are anonymous but kyc verified through certik?
safemoon looking more legit by every passing day 📈
i will be anxiously anticipating another quality post. i got into bitcoin in 2013, and immediately back out. feel like i missed out on some good years and trying not to let the fomo take control. this post helps significantly.
whats 3rd place? 1. bitcoin 2. ethereum 3. ???
great write up, this is the way
the inside of your mouth with wax?
when it says you have to buy bnb and convert that’s a for sure sign it’s a shitcoin! 😂
thanks for the perspective and the insight. i have carpal tunnel syndrome after scrolling through all the coins on the bscscan website. if you ever want to do a newsletter where you're transparent about picks, i would pay a subscription for it.
i thisagree on only 1 front: the twitter account. not everyone uses twitter, especially in europe. the missing twitter is not that big of a red flag, if they have a website. (and other media like youtube) cool guide dude, thanks btw!
there’s so much wrong with this i don’t even know where to begin.
thank you for this post. as a noob, you made it so much more approachable by starting with smaller $$. much appreciated 👌
excellent post! guides like this show just how great the community is.
this is why i will be buying more sfund tommorow. great team, transparent, good volume and sound tokenomics.
thanks so much for posting this! i super appreciate then effort and thought you put into it.
this is an amazing post, thank you! i do not always trust my own research when getting into newer coins, but this is going to make me a lot more confident
i want to know how to read bscscan and other related sites better. i see people say x token has locked lp or that the devs have renounced ownership or wallets but for the majority of us, we do not know how to verify this info. we need a how too on these types of things.
i’m liking qao more after reading. just needs exposure.
this makes me feel even more confident with hoge, they may be eth based but they have a doxxed team, logo, and more!
how do you find out if the liquidity pool is >= ?
sounds great! but i have been stuck on the "trade on bsc" step for like a month and a half while coinbase was quick and efficient lol. id love to mess with some of the coins on binance but cannot because my verification is just stuck, no matter how much i poke and prod.
thoughts on kishu inu?
i hold snx and cosmos but wanna buy matic what should i give up?
how do you tell how long the liquidity pool is locked for?
thanks so much for the write up, but do not you think that showing these tips and flags might make it easier for rugpulls to adapt? regardless, great info that i'll be looking into very soon!
the beauty of this post is, if we all follow the rules, we should all be able to make more profits. i’m in, for sure. makes a lot of sense and sounds fun. thanks for the great write up
so ankr is the hidden gem in coinbase!
i'm a bit troubled by one issue. i do not wish to thisclose my location, however binance is not available for use where i am currently visiting. is it illegal to access binance through a vpn where it is allowed? i do not wish to incur legal consequences after all. thanks for feedback.
all bsc coins areshitcoins
so you’re saying you missed out on dogecoin?
brilliant post, thanks so much for taking the time to share all of your hard work!
wow! great dd i've been buying and holding the 2 main coins but thinking of branching out...who does not love a little volatility amirite??
is it pre-mined? has it ever been censored? is it centralised around a single figure and with too many nodes on amazon services?
genius, sounds like a lot of work tho
been looking at icp recently and hearing a lot of good things about it. it’s been out for a few hours and already is top 7 in popularity. the project itself sounds promising
i feel like , look it up. it's also followed by mr.beast and logan paul
excellent post !! thanks!!
anyone else have troubles with pancakeswap? keeps getting errors connecting wallet. i got a new error that was different from the one hours ago.
i'm here with my 50 quid in bitcoin lol.
well shit safemoon checks out so 🤷‍♂️
thank you for writing this!
check out r! with actual real projects. no meme coins. no shit coins.
thank you for your invaluable input
i read this whole thing with the voice of coin bureau in my head
bitcoinsv is the real bitcoin
is luna a shitcoin?
i apologize if this has been asked, but how long have you successfully made this your income?
unfortunately the timeframe these shitcoins will be trending or available is anybody's guess. in 1-2months the huge upside may have thisappeared. you have to go big or go home with these coins.
incredible stuff! well said!!
quality post. take my award!
how do i see if a liquidity pool is locked?
>start trading on the bsc (binance) smart chain. damn though. your first golden rule is to jump into a sea of shitcoins. i'll pass.
hey i know i’m late to the party but thanks for this! i’m just getting started with my research and just now set up my vault. here we go!
please no new dog coins. shiba inu is an obvious p.
we need these kind of posts here. informative.
what do you think about pi?
wow great tips! thank you. how about slippage on pancakeswap? 11%-12% as usual?
hey op, what’s your opinion on gmr coin?
i've always been interested in crypto but never gave it any serious attention until the recent craze. really appreciate you writing this up and educating the people like me who are still new and not savvy to stuff like this.
wow, i´m stunned, thank you for this educational guide.
can someone tell me how to see the list of new token or crypto on bscscan?
this in no way weeds out shitcoins. tons of them live up to all of these criteria. you’re describing coins that are ready to get pumped and dumped, and have a larger chance to spike high. could you at least add in a section with a sensecheck on what they are solving that tons of other coins aren’t?
you’re investing in start-ups at this point. people blindly throw money at something with an alr doing the same thing more efficiently. if you know, look at long term. if you don’t, look at the short term pumpd. money is money
why is it good if half the coins are dead? is that just not effectively the same as just creating half of the total coins?
sorry for my ignorance but... how do you buy the "gem" you just found?
smartlands is the way! meets all of the standards in this post. the first crypto to tokenize real estate circulating supply is only 5 million of 7m. staking on the smartlands platform is about to launch. this coin will only grow after launch.
wow this post really makes a difference. thanks a lot.
all my money is on
safemoon gonna be huge
fuck shitcoins, all my homies hate shitcoins
this is a top tier shit post, so funny no one addresses it in the comment. op is hilarious
so basically its a bad idea to buy anything on the eth chain right now?
cant i just ape into shib and call it a day?
funky toilet coin 55 🚀 🚀 🚀
finally! a good fu\*\*ing post! i would kill for more good content! anyways. great work ma'am! \**tips hat*\*
a friend told me swapdex was a good investment but i noticed a few suspicious points about it such as no team details. but the biggest for me was they built their website in wordpress. what kind of tech company would actually build a website in wordpress.
that’s why to much to read i like to just yolo 5k at a time , vegas style
title should be "how to make thisguise your new shitcoin"
1. who developed it? 2. what is the new technology that sets it apart? 3. how decentralized is it? stellar lumens would have been a great example of a good new coin if it did not trip over the third hurdle.
thanks for the great information. took your advice and bought me a few coins that looked promising and like they met (most) of your rules. the one i found without a website or twitter but i think has great potential is "absolute shit coin". to the moon
can you explain more about what the liquidity pool is? or could you share some resources to learn more? i am confused on this part and i do not know if what i'm googling is relevant.
as a guy that hit on shib inu and entered into this insane bull run on crazy meme coins this is great information. thank you, seriously!
some create elon dick coin
good advice here. eliminate risk. at the end of the day folks, even with all the most promising signs crypto is still one of the most unpredictable markets out there.
not saying any of this is bad. but does anyone else think that the tone of conversation around crypto feels bubbly? when i learn about ethereum or bitcoin, they talk about financial transfers, and the problems with traditional infrastructure and other fundamentals of coins. now were warning people not to gamble on a coin if it has a bad logo or doesnt have a twitter account? what even is this anymore?
im sure people did the investigations they believed to be right back in the day when bitcoin was around. just have comfort in knowing you nor anyone has a magic rule.
thanks for this. im a total novice, trying to learn the ropes and this has helped immensely.
thank you for that, i often find the by itself and rarely the pancakeswap one, is that normal?
make sure the website actually makes sense tho, and it isnt some weird half backed mess
could you please give a step by step example on swissborg ? for most of the point, i dont know where to find the data. it would be super cool.
is it fine when there id 0x00000000000001 holding 50% of the coin and a second wallet dead holding 30%?
insanely good post. legend
i’m not an idiot and a lot of others aren’t either to fall for obvious scams so don’t say “like everyone else”
at least i do not habe to look for the tec... 😶
nice, did you find a new gem over the past few days?
thank yoh so much. i am still learning to find some gems.
great post buddy thank you very much
are you just able to buy new tokens on bsc thru the bsc wallet even if it is not listed officially thru binanceus.
if the name does not include safemoon, safemars, egod, donald pump more often than not they are not a shit coin.
i agree with this all my alt coins are like 10£ i only had 2£ in shiba. safemoon and safemars or w£ in and btt i have 10£ in. stupid thing is if id put more in id be richer than the "safe" investment i made in solana >\_> isnt crypto fun xd
where can i buy those new coins...i cant find them on binance (im new to this and thank you for your answer)
time to get rich quick... * rubs hands *
sucks to be in us. you can’t even use old binance. piece of shit us binance has no smartchain.
cumrocket here i cu- come.
thanks for sharing this info. can't emphasise enough how handy it is.
i cant find the holders and transactions section. anyone can help?
commenting to come back to
this is not a post about identifying shitcoins. this is a post about identifying coins that might perform well. shitcoins can perform well too.
once we enter a bear market sooner or later, these 'rules' would not apply...
dogecoin will be exchanged with physical silver . in reality, with silver endorsement, dogecoin will shine.
hello op. i have a question. today, for the first time, i've been rugged in weird way. i was sure it was impossible to move funds from a 00000000000dead address in the liquidity pool to another address, but that is what happened. after being greedy on a new shitcoin and not geeting out after some profit, i waited to much and i find myself rugged with 0 lp. i checked that the ownership of the main contract was renounced (on the contract, the owner was a 000000000000dead address). then i checked the lp and saw that 100% of the lp was held by a 000000000000000dead address too. this one address did not have in none of the cases the "contract icon" beside it. also, there was another 0000000000000001 address with the contract icon, holding 0% of the lp. i was sure that lps that were held by burned addresses were safe, in fact i was never rugged after knowing this fact and acting like i was sure that i undestood how the thing worked. until today, when after an 1 hour and half the 100% of the tokens from the lps were moved from that dead address, to another one. and that address sold, sinking the token to 0.00 bnb. tl:dr - i'm asking, is it normal to being able to move funds from a dead liquidity pool address to another one? or something strange happened here (twice, so i guess not). i was just lucky in the past, never being rugged in this way? the liquidity, even if it is dead, must always be verified (with the contract icon beside it?). just trying to clarify my doubts. thanks!
i might actually give it a go!
how about shiba inu coin? that just went to top 16 on coinmarketcap and looks suspicious...
nah, i’m not using binance scam chain even with the low fees
good post, thanks. i would add as a good practice to always take your initial investment, so that if the token goes nowhere or something, you did not lose money.
the only rule i follow is that if it is been steadily going up for several months or more, i'll put £100 or more in, and by doing that i've always made thousands of profit, i also check if crypto analysts on twitter have posted about it
don't buy any of that crap, it is pure gambling, most of them are just trying to ride this current wave. if you do, buy with small amounts.
which website shows if liquidity pool is locked or not? thank you
nice read thanks op
what do you think of saturna ? seems legit , not a scam , and with potential it’s a meme coin though
im looking at benchmark protocol , bough last week, actual valid project with a proper usecase. i think it could go big.
chech pantherswap, it is 2 weeks old and is a real gem
i know why this was post and i cannot help but laugh
this is a great read. thanks!
actually, all the new coins on bsc are shitcoins. i hoped this post might tell me where to get in early on the next solano...
good info. but when do you know how to take profits? do you set a sell order as soon as you buy, or do you actively follow the development of every single coin you hold?
number 1 is a lie! i've had
this is actually helpful and not full of cliches. thank you.
brilliant. thank you sooooo much. newbie here.
if you find a suitable coin, how does one go about acquiring them? since they are still "new", they do not seem to be listed on the bsc exchange. do you trade them for bnb, or directly with fiat?
would you consider streaming what you are doing for learners?
don't try to git in too early. if you wait a couple of days most of them have already rugpulled. but there is still good gains to achieve.
thanks so much for this write-up! what's the point of the initial 50% burn? surely you can just mint 50% fewer coins when you register the contract?
i’m going to save this and go through it at work, my bigs bucks for doing nothing shift😊
bsc is evil, will not support.
thank for a great post. i follow and see a coin that has an address (1) beside the dead wallet (address (0)). what is this address (1) wallet and from who?
great post, thank you! ' question: can anyone explain where i can find the liquidity pool information on bsc scan? or does it have another name? or is it just one of the adresses?
commenting to see if i have any mooons! im not hopeful...
quality post! how long have you done this, and what is your investment per coin now on average?
this is good to know, thanks :)
if you can dodge a wrench then you can dodge a shitcoin!
i do have a couple of questions. what platform are you using to track your gains? and on the bsc network, are you going through binance and cross chaining from the binance wallet to metamask to use the bep-20 network, or have you found a simpler way?
is this where we say moons are not a shitcoin? xrp has been growing steadily for a few months with a real purpose
i’m sorry but y’all just ngmi with this advice find a coin, do dd and listen to your gut: put a substantial amount of money on it -> get rich because we’re in the biggest bull market of any bull market ever. there isn’t enough time to spend a year learning the ins and outs of crypto. you will miss the boat, billions will miss the boat because they simply didn’t put enough money in to get rich. many such cases. people on this sub will go off about how this is a once and a lifetime opportunity literally more valuable than the gold rush and then those same people will tell you to invest ? buy alot and never sell. this is the future, put everything into this and you will be rich in 10 years simply because this technology isn’t going anywhere. diversification is for massive losers, focus your money to get rich and diversity to stay rich. people don’t realize how lucky we are to be born within the transition period from fiat to crypto. this is an event that will have an enormous effect on humanity permanently and can fundamentally never happen this way again. this is financial advice sell the house and buy midcap alts (with a decent use case) with market cap less than 150m its that easy
they are all shitcoins until the public gives them value 😝
moonwolf has all of these things! i knew i was getting into something good!
don’t fall in cryptoshit
how do i check if liquidity is locked for a coin and for how long
well, mods are humans at the end. if they do not screw over other humans, how else will they get rich 🤔
a good post. here, have a brightcoin. [
thanks for a very thorough explanation of what to identify before sinking anything into a new coin.
thank you for sharing this. great write up! gonna try to give it a try and see how it goes.
u, hope you and your bf find this useful!
love this! this is what i need to stop finding the shitcoins and maybe, maybe make some money.
every coin is a shitcoin.
the trick is to do your own research and get in before you start seeing posts everywhere. once you start seeing that it is gaining social media traction then that’s when it starts to become more dangerous
thanks. i admit i came into crypto with dogecoin but it did peak my interest into the whole crypto, i was around when people were buying bitcoin for pennies and i called it stupid. joke was on me. until doge came along i had no idea there were more coin then the big bitcoin. now i see thousands of different currencies, people making thousands out of hundreds seemed to good to be true, so i have been doing some homework. thank you for this post , it educates me a bit more.
so is the shibainu coin a shit coin bc the guy from eth hodl 50 percwnt currently
found happy coin going through this. sound legit?
the only shit coin that’s truly out there are the ones that are still on robinhood, “ your” coins are shit there.
in other words, keep pumping the shit out of all the coins. cash money bling bling
nice write up, thanks man!
how to know if it’s a shitcoin, simple all crypto is shit 👍🏼
" this one is a huge bonus. if the team members publicly identify themselves, for example through youtube videos or live ama, it reduces the chance of a scam to almost zero. why? because their faces and identities are publicly known and they would almost certainly end up in prison. " oh mr beast, i feel so bad for you.
this reads like satire lmao
i love you op! haha thanks a lot for this god bless 🙏
thanks for the advice!
appreciate the write up! been looking at experimenting with the smaller coins and this gives me a nice baseline to work off while i adjust my strategy. in your experience, what factor has the most weight when determining a coin's potential?
thanks for posting! i got sucked into crypto by the doge hype but the overall nature and volatility of it is too stressful, i want to start slowly and i have no idea what i’m doing, this helps me start
how is everyone feeling about safemoon and shiba?
fantastic write up! thank you 😊😊
apparently binance.us is not available in my state. any alternatives?
op you forgot to post which coins we should buy.
awsome work dude! will dive in to this, thanks
hi, thanks for the great post. i started following your steps in practice, and everything you wrote about is super clear to me. i have however a bit of trouble understanding the holders section. so you are saying we prefercoins where more than 50% have the dead identifier or something like"pancakeswap: coin name". however so far i have not really seen any where the majority is like this, usually it is just a random code. could you expand a bit on this? more concretely, i have found this one that ticks all the boxes (i also checked for website and twitter): however i am not sure how to read the holders section here. any suggestions? also, typically how "young" should a coin be for this strategy to work? if it has been 1 week ?
and remember the fact that time in market > timing in market
the lord's work, i tell you. praise your soul. reddit needs more platinum posts like this rather than the common shitpost "i own one full eth"
this is the first time i actually saved a post on reddit. thank you for this guide.
how do you buy said coin once you find one? they obviously are not listed on major exchanges yet.
thanks. i’m new to this
thanks for the tips. this is much better than the way i do it, “shitcoin lotto”
i just stock up on bitcoin, eth and ada, vet. if i get scammed, it is because i scammed myself by buying high and selling low.
so the 100million dollar question does shiba fit this model?
what if poocoin doesnt show the liquidity? anywhere else i can check liquidity?
what's your thoughts on the next shit coin to actually go 100x
people talk shit none stop, i remember getting so much flack for hoarding doge back in 2013-14, and again once the initial hype of ripple thissipated. if you can get a couple hundred thousand coins for dirt cheap or free i say fucking do it. the amount of actual shit coins and tokens i own is staggering but they are still worth something even more considering i got them for free pretty much
hey op, could you give a short opinion on safemoon? every time i even read the name i hear alarm bells ringing
great post. following these steps is what led to me investing in hoge, then using those profits to buy into poodl and safemoon, then eclipse and bonfire after that. i’ve made insane profits on all of these (especially bonfire, went about 3500% for me). i rode the ass hype and went 4x before pulling most of my profits. what i left behind has since gone another 4x, so i’m a little annoyed with myself for selling when i did, but also glad that i don’t take as many risks as some people do. now i’m in on saturna using this same method, and again, i’m making solid profits. i’ve paid off 100% of my credit card debt this way, and i’ve got money put away to do some much needed repairs & buy new tires for my car. i’ve also bought into some legitimate projects with profits, including eth, one, cro, algo, cake and luna.
is shiba inu a shitcoin? i saw binance post something about it yesterday
ok i want to start investing in crypto and when i tried to go to binance, i found out it’s supposedly banned in the us. i don’t have a vpn or anything like that is that the only solution? would other platforms work is the information you gain from binance that important, because to be frank, i don’t know half of the terms ;-;
this is a really awesome post. i know a lot of a shit on small coins, but there is obviously a serious market for people to make money if they had a smarter way to do it. and you just provided that! i don’t have a lot of moons, but i’m sending one your way! (if i get rich off this, then we are going to vegas together!)
i can barely get pass step 1 with all the shit coins. thanks for this
thank you for all your advices, it was a good read! do you have any app to recommend to get started with crypto investing? sorry for my english i'm not a native speaker
just what i've been looking for. thank you
thanks, this helped me a lot!
thank you for putting this together. i cannot seem to see how you can check if liquidity is locked though?
!remind me 3 hours
i am trying to get started. i am in the us. how do i fund bnb into my meta mask wallet? very confusing
thank you so much for this list. i now own my first piece of poopy.
we expect people to do their own research now? i thought people were just sheep and followed what someone else said was good or not.
im new. if you use the binance smart chain, does that you cannot buy anything that is an eth token? because you need eth in order to swap to an eth token variant.
how do you see if a token has a website? they never show any to me on bscscan
so i just spent an hour following these steps and found nothing that passed all the checks, pretty much everything i found fit the criteria of a rug or slow rug pull 😩
i am trying this now and binance.us actually ass fucked me. they are taking their sweet time verifying my id. which means i cannot buy bnb, i already know what coin i want to buy. cannot fucking get loaded up though anyone know how i can buy some bnb? need to send it to my binance wallet. binance.us is a piece of shit
where do you check the liquidity pool?
does total supply matter ?
sorry to ask a stupid question, but how the hell, once i've picked a token, do i buy said token? theres a buy button on bcs scan but that does not work. how do i get on to the smart chain thing? i have a binance account.
this guide is awesome. thank you very much
commenting so i can read later.
this is a wonderful post. helped me a lot
is a good exchange with new coins added hourly
is globalgive a rugpull?
this is why i'm bullish on harmony one
this is probably the best post in this sub.
thank you! for the advises and time. thanks you.
what exchange do you suggest buying these coins? sorry if the question is an ignorant one
hello allow.me to introduce the white paper for my new coin. it's based on scamcoin which is based on idiotcoin which is a token for a moonandlambo coin which is based on etherums 23rd place token!. a steal at 5 dollar starting price.
thanks for the info. i've been learning a good bit of this on my own over the last couple of months but this really helped fill in some gaps for me.
literally have this added to my favorites and actively using it as a checklist
anyone checked out copiosa yet? they're trying to fix basically all of this
question: what do you mean by “have a small bag of maybe ...be prepared to lose it?”
great post! could someone explain how exactly to examine the top holders list - i've noticed there often is not a clear token name in the top holders. can the liquidity pool look like a normal wallet address but have some other indication? also what does it mean if there is no "...000dead" wallet? (i.e. can there just be a sufficient liquidity pool wallet so it is not needed or should there be both)
thanks for the info
hello guys, can someone help me i dont know what im missing, hes saying hes paying 0.20 usd per transaction while im paying 1,8 usd, what am i doing wrong?
great write-up, but i am just finding nothing but 0 usd market cap coins. am i missing something or are we just being spammed with true shitcoins because of the doge bandwagon? would be nice to just filter out value-less coins.
bonus question: where can people in the us get the binance coins that work on metamask?
a question regarding holders: what do cases like [this one]( mean? there’s one wallet at the top, so that’s a no-go, right? and what does the contract wallet mean? didn’t invest in that one btw. i see several of these where some of the top holders are either contracts or regular addresses.
great post! makes the search for new coins far more interesting. and the chance of a rug pull is way smaller with your explanation. will be using this in the search for new coins.
very well written. thank you for taking the time to write it out!
what is a good way to go about buying these new coins? i only have experience buying established coins, but can’t really find any good info on buying the more obscure or new ones.
what does it mean when the top addresses for holders (besides the burn pool) are listed as "contract" addresses?
how do you find the coin already has a website or twitter? it does not show on bscscan
he’s recommending poocoin to check for shitcoincharts and contracts. but poocoin itself has still huge potential seen by the market cap. :)
if you find a coin, how do you actually buy it?
if it has more than 200-300 holders should you abort as well?
hi quick question i’m barely learning about trading crypto. would someone please explain where i can find the liquidity pool?
thank you for providing such insightful information. i've just recently started reading about crypto and would like to earn some money by investing. i was wondering how to check if the liquidity pool is locked. i cannot seem to find that information on poocoin.
stupid question - how do you buy them? i searched few (random) coins from this list in binance pc app, and didnt find them. ' thanks for your answer
what's your p? i saw that you win 90-95% of the time but what are the profits like?
great guide, bit where do you buy new coins? i cannot find any on binance.
that's very helpful and it seems fun to do, even if it is only to learn something.
thanks u. followed your procedure and brought two coins. -zepplin.dao -hyper meteor fingers crossed. also read in the comments that many people are confused in how to buy and even i was but luckily i came across this video on the website of the coin i was checking. check this video
does anyone have any thoughts on this one?! [ website - [ it is not even on poocoin yet
what if top holder is a contract adress and holds like 20%? does it still count as possible rug pull?
where do you find the time liquidity is locked? all i can see is that there is liquidity, but no time frame
thanks for this post, i'm starting to learn about cryptos and this post gave me some insights.
but how do i make sure that the lp is locked? and how long is it locked? do i need to read the contract or find it somewhere?
would buy funky toilet coin 55 over save the world eyes closed.
how long do you normally hold?
one question, should both of the biggest holders be the deadcoins wallet and the pancakeswap: coin name, or just one of them? new to cryptocurrency, trying to learn a bit before i invest
can you clarify how to figure out the liquidity pool from the poocoin website? i can’t seem to figure out how to calculate it from that sites info.
are these new coin that passes these steps are already listed on binance or you buy them elsewhere?
u've read your post about 10 times and have tried applying the knowledge (thank you! btw). the only thing i do not understand is how you actually find new-ish tokens. "you must look for the grey icon besides the coin names. why? because that means the coin is new." okay, so i see the gray icon but when i investigate it, and look at it on poocoin, the tokens i'm finding have been available for 1+ months. i'm late to the party. does that mean i need to keep scrolling and investigating each token until i find one that fits all scenarios? what am i missing here? any help is appreciated!
i am trying to ease my way into this type of trading to see if it is for me, and a guide like this is very helpful. i cannot however figure out how to buy a coin i have found on bscscan. i'm not sure where to go or what platform to use.
is there any way to filter the results? i have been searching in bep-20 transfers and most of them are scams, let alone a good project
what are your top picks for coins ?
fegtoken is a good project. not a meme coin or pump and dump. a serious hold.
this will newbie from lost a lot. thanks
this is the best post on this entire sub, thanks man
such invaluable information. thank you very much!
i see hbar as having some great potential in the future, some big names behind it like google, ibm, lg just to name a few. do your own dd and see.
does the bsc scan list the exchanges? i’m new sorry i am curious about new coins. i know ethereum based ones are stupid expensive to mess with.
do you have any comments on how well this is working during this slightly more bearish phase? perhaps the initial rush new coins can have is not really affected by bitcoins trends, instead only affecting the lore established coins?
if i found 1 new token on bscscan of grey icon then how to find its website or twitter?
i cannot seem to figure out if a liquidity pool is locked or not. can someone please tell me where to look for it. (ngl i actually feel so dumb asking this)
"not every new coin is a shitcoin" - stopped reading right there.
introducing: funky toilet coin 55 its logo is the stock image of a lemon there are 10,000,000 coins i already own 9,999,999 of them there is 1 available to be mined it is designed to where you have to hold onto it for three years before you're allowed to trade it away there is no website because i do not know how to make one
i remembered even some coins, if they were legit projects, which is great, because its an alt-coin even all my successful investments are still considered shitcoins. this is literally the label we all been given because of being an alternative to btc in this sub since 2017 timeframe but everyone rejoiced loving their own shitcoin. but the community back then differentiated shitcoins as (regular successful ) with other coins as just plain ponzi schemes as well 2017 was just full of it. so a quick note shitcoin does not mean your coin is a scam, its a altcoin. man it’s literally 4 years later, time be passing.
commenting to find again
i would totally but save the world coin!
wow thank you so much for the information
a lot people hates shitcoin and they do not even wanna talk about it and i do not blame them so much scams everyday all day , but i totally agree with what you just said and i personally the shitcoins changed my life i made nice profit in 3 months i was not expecting that regardless of what i heard about shitcoins but what really happened is the opposite if you ape wisely you will make tons of money my first shitcoins that made me huge profit was safemoon safemars ass token elongate shiba blackberry i'm talking about 50k and up your post is nice guide thank your for the great info
i agree, thanks for the analysis
what a sweetheart and *smart* lady hazel is. wow...
thank you for this!
safeobol.com offering 8% reflection i been asking about it but seems to be a fairly new project any other token or coin out there with high reflection?
so how exactly do you tell what your wallet balance is for these new tokens? if there is a grey icon for the token in [bscscan.com]( , that alway seems to mean the balance would not show when you add that contract.
i'm late to contribute to this thiscussion, but noticed a counter argument on the dead coin wallet and initial burning here: seems to argue that coins being burned heavily early is a red flag. wondering your thoughts on this compared to your advice? ps. thanks for an awesome summary!
karen approved will put and end to scam coins and rug pulls. honestly check them out. r anyone who is on the same page about scam coins and rug pulls needs to check out karencointoken .
thank you for this post! one of the best jobs of helping newbs like me dig deeper.
how do you earn moons ?
can't you just tell me a few?
the length of time that a coin has existed is the first way to thiscern its credibility. one that is pressuring everyone to mass spam about it on youtube is a red flag.
was 100% expecting something like "avoid shitcoins and find the hidden gems, like (random shitcoins)" was happily surprised
this is packed with a whole lot
’m new to this, if i found a “gem” coin for example how do i buy it? because i can only buy with spot trading when it listed on exchange website like binance or huobi
also watch out if there are too many whales. for example, 10 wallets each holding 3% of total coins is a huge red flag. abort immediately. a healthy new coin should also have at least 200-300 holders. if it does not, also abort immediately. what about the wallets with contracts? can contracts hold large portions ?
i export the screenshot of this post and set it as my smartphone wallpaper
90% the crypto which meets above criteria does not have the holder section as pancakeswap and dead wallet as first two addresses - its always a contract - please someone clarify
huge airdrop for new checoin holders !!
is there a place where all the bad crypto or crypto scam are exposed? a place where you can find proven bad projects so you would not fall in to their trap?
reminding myself to read this thread when i get home from work. things get sooooo buried on this sub...
kinda fits this for ppl who are looking for coins they kinda need to improve their team but they have a decent developer and a almost functional project they are basically working on a pancakeswap, but to get listed as a coin there you need to get audited and basically checked on the things mentioned above. like a anti whale check, a check if the team is doxxed etc etc. then according to how safe a token looks they get listed in 3 tiers of safety. sofar they havent listed a lot of tokens, but every token that has been listed has been safe and wasnt a rug? might be something looking into i personally dont know too much about them, but they were also planning on making a kcc (another blockchain) decentralized exchange .
i cannot find any social media listed for any of these coins
why can’t i bookmark?
total new guys question. and how do one buys tokent if you find solid one? again sorry for total noobs question.
carnomaly on kucoin is a hidden gem. a unique project bringing blockchain solutions to the automotive industry! the first of its kind! yahoo finance article and nascar race sponsorship! if you follow the crypto j curve, you will love carnomaly.
thanks you for this great information i love you 😍 😘 😉 😉 🤗 ☺️ 💯
i love how long and urgent this post is for literally basic fucking common sense in due diligence
it has been incredibly difficult to find anything on bsc lately with the criteria given in the post. has anyone applied this criteria to other blockchains??
amazing post, op, thank you!
i did my research and found a proper token for a good yolo run. 🚀 check it out! although i’m not a financial advisor.
just a question, who tf are you that you give advices here, thank you :)
so much shilling for binance. get outta here cuz
anyone give me a moon or tell me how to get some? 🙏🏻❤️
sounds like safemoon, but that gets so much hate here.
bch bch bch better security – btc has a vulnerability called rbf which increases the risk of double spending. bitcoin cash developers aim to make 0-confirmation transactions safe again so that anyone accepting bitcoin cash is much safer accepting payments without having to wait for multiple confirmations. this rbf security vulnerability exists only in btc and not bitcoin cash. that's why bitcoin cash is more secure as a payment method. here is an example of hackers stolen . it is super easy to double spend on bitcoin using the rbf vulnerability. source: lower fees – one of the advantages of using cryptocurrencies over traditional payment methods is the low fees. due to the limited block size of btc, fees have exceeded over . on the other hand, i have never paid more than 1 penny. this makes using bitcoin cash ideal for merchants, businesses, companies and everyday usage. the industries that may be thisrupted such as remittances, derivatives, payment gateways, etc are worth trillions of dollars and bitcoin cash is well positioned for use cases in these industries. improved scalability – btc is limited to 1mb block size and even with segwit activated, the capacity increase is only around 1.7x whereas the upgraded bitcoin cash blocks capacity is currently at 32x with no limitations. this means bitcoin cash can handle paypal transactions volume today and be global money after a few more upgrades. supply scarcity – during the fork from bitcoin, some bitcoin cash supply were removed from active circulation due to users unable to claim their bitcoin cash from unsupported exchanges and wallets among other reasons. this means each bitcoin cash is actually more scarce than btc. improved confirmation times – due to the limited block size of btc, some users were made to wait days for their transactions to be confirmed. contrast this to bitcoin cash where transactions may be accepted immediately with less risk and you can see why it makes sense to use bitcoin cash. in other words, if you are a shop owner and you just sold a cup of coffee and some sandwiches, and you accept the old btc, you may have to wait hours for the transaction to be confirmed because the customer may use rbf to void the original payment. with bitcoin cash, your risk is minimized. higher merchants adoption - bitcoin cash is global money with more than 2,651,820 merchants accepting it. you can pay for your hotels, air tickets, food, groceries, nightlife, and more with bitcoin cash today. source: while bitcoin cash adoption is growing very quickly every single day, bitcoin is having declining adoption and if this trend continues then bitcoin is on a dead end. source: lightning network problems and vulnerabilities and loss funds - some people may claim lightning network will solve bitcoin problems but it has failed to gain traction due to many problems and vulnerabilities, such as loss of funds, unreliable transactions (constantly failing), and many other vulnerabilities. source: source: becareful of "digital gold" or "store of value" false narratives - this is simple economics. something cannot be a store of value without it first be a means of exchange. bitcoin cash is both a store of value and means of exchange thanks to its low fees. bitcoin is not feasible as a means of exchange due to its high fees of around (or more) per transaction. store of value: to act as a store of value, money must be reliably saved, stored, and retrieved. it must be predictably usable as a medium of exchange when it is retrieved. additionally, the value of money must remain stable over time. source: bitcoin cash preserves the peer to peer digital cash revolution - there are people who does not want peer to peer digital cash system to succeed. that's why blockstream resorts to... 1a) censorships - 1b) propaganda - and 1c) threats and harassments - 1d) ddos attacks - 1e) plus a bunch of other unethical stuff if you care to read more at anyone who dares to promote increasing the blocksize or favorably on bitcoin cash, they get banned and their voices silenced in the bitcoin subreddit. they also get harassed and attacked by online paid trolls. mind you, all these started even before the creation of bitcoin cash. tokens - bitcoin cash has tokens to start taking some marketshare from ethereum. today, anyone can issue their own loyalty tokens or digital money on bitcoin cash from as low as 1 cent to mint it. it's incredibly easy and anyone can do it at increased privacy - bitcoin cash has better privacy than btc thanks to cashshuffle. you can enable it through the setting in the electron cash wallet and it is completely optional. if you do not want others to know how you spent your money, it is better to use bitcoin cash over btc.
just tell me about ankr
i will make a document. i will read, check of each advice and go hunting for the next bull run. i think its over for now.
i found ! super stoked about it.
is binance smart chain a particular wallet different than if i download binance app on my phone?
i do not own much, but from here on out i will shy away from "to the moon" coins.
my guess is op is shitcoin developer
what are your thoughts on safemoon? seems extremely sus
i live in new york, is there any hope of getting set up with a binance account, or am i sol until they comply with nys' rules?
when your first "golden rule" for avoiding shitcoins is to trade on a shitcoin platform... smh
i'd add: avoid ico's when you're a newbie. deal only with coins on well known exchanges. yeah, you're not going to get the 1000000)% gains, but you're also not going to go to zero. would you rather be up 200% on an established coin or at 0%? yeah, you know the answer.
thank you for this! however, i must ask...why have you only been on reddit for a month?
how does one go about buying these coins if following the above? also what wallet would you recommend? i'm guessing from pancake swap?
what about safemoon? its got so much hype but i cant shake this scammish feeling i get from it
i'm so glad bonfire fit these criteria. thank you kind redditor!
you've now been banned from r
read the bonus point and think about how people still call safemoon a scam...
any tips on how to get money from coinbase into gate.io without a shit ton of fees
not bitcoin = shitcoin
why not simply check and see if their is no volume trading and market cap of zero or less than 9 or 10 digit, kick it in ass and move somewhere else? there is always easy way to do stuff, and do it hard way too? i never buy anything with zero or 20k market cap? anything can go wrong in any business if you are a starter, people with great ideas in business and millions in investment fail, how you think this not happen with coins? may be i am wrong. but i think may be it is better to arrive a little bit late pay 4-5c more and get something well tested and built some volume? i know we want it cheap but, how you guarantee they succeed even if they are great genius guys behind the new coin?
the amount of awards on this post is too damn high for it to be believable.
every coin is a shitcoin until it stabalizes. the theory of crypto currencies is right there in the word: _currency_ when it is treated like a speculative stock, it is not a currency. you all want speculative stock.
this is financial advice.
you need to bleach your eyes after visiting that subreddit.
you mean that account with 10 karma and 82 post only talking about a " new game changer spectacular bitcoin killer coin " is trying to scam me?
that sub is cancer of crypto
i sometimes visit that sub and others like it so i know what not to invest in.
i honestly think its just a matter of time before reddit shuts down that sub. its the headquarters of scamcoins.
>bscscan even my wife's boyfriend hate r
2) if a new coin only launches on binance smart chain there is a much higher chance it is a scam then if it launches on more respectable chains first.
i use it and have gotten decent at spotting the scams. i’m at the 5 to 1 point so it’s not perfect but my gains more than make up for the losses. here’s what to look out for. (plus all of the above.) all awards and no comments is a red flag. check the positive comments and make sure they are from different, older accounts (my rule is at least 3 years) make sure the op doesn’t just spam only crypto, and different crypto.
love it or hate it, it helped me find safemoon, bonfire, cummies, hoge, pit, vidya, milk and butter, pocket bomb, octans, bog, and many more... all of which have made me money. shitcoins or not.
instruction unclear. threw .
that is the sub for bag holders to dump on you. its all part of the plan. fuck that sub.
1 million times yes! that sub is a toxic cesspool of scammers and bots, all pumping complete garbage.
although it is clearly cancer, has there been any noteworthy new coin moonshots?
there's a new sister subreddit of moonshot every 5 minutes. it's begging to get tiring how often i have filter out those kinds of subs.
moonshots used to be a great subreddit around jan. then the shitcoins found a way to get free advertising and infiltrated it. shame
i made r. i currently have the only live post checker with no automod rules for posts. spam cannot get in, and no one gets their hard earned post auto deleted for some non-sense reason because the mods are shit.
i agree, it’s full off people investing their life savings into shitcoins and trying to get others to pump it up.
>i always follow the above rules when trading with small coins and i currently have success with 90-95% of coins that i invest in. trust me, i tried to skip some of the rules above and i got burned every time. yes, it is a lot of work. especially if you have to repeat these steps for every single coin you want to investigate, but you will get much faster at it over time. if you end up doing this for a living, you will probably be able to investigate 2-3 coins per minute. they create a falcon rocket booster coin and ask everyone to invest and join the telegram channel they got a cheap logo design and cheap weebly website after 3 days the telegram group name was changed into mooncoin (like something) and all the pinned post has been deleted thank god i never invest in this shit
holy fuck i am so sick of seeing their trash tier posts making it to r'i am bullish af' and 'i am all in'.
i have found 2 potential gems on that subreddit, and that is about it...
another tip: coins listed on fiat trading exchanges like coinbase and kraken are in general more trustable because the exchanges might have done research before listing.
i get the sentiment based on your replies but i remember a few weeks back reading there about the saturn thing and also the safemoon coin. so do you think the mentioned r? ' even though: x2 is great for a classical investment. but it does not work well when you only have .
it’s where i found safemoon and made some of the biggest profits i’ve ever made 🤷🏻‍♂️
cryptomoonshot actually is not terrible during a bear market
lol that whole sub looks like an ad
that sub must have gotten bought out. it used to be a decent place where real people would post their research. it slowly became more of a shill fest, but it seems like overnight it turned into the cesspool it is today with rampant post manipulation.
it used to be fine. last two months have been a nightmare of endless shitcoins. it’s like 2017 and the icos all over
love that place lol
it's a guilty pleasure to read that sub
it's great for entertainment puposes. the names of the shitcoins are very creative
agree. i joined the channel cause i thought people would be talking about hidden gems, but it is literally only new shitcoins being posted.
i like it. it has crypto in it. and moon. and then you get to do a shot.
and also stay away from r r
i used to go there and call out all the obvious shills, i stopped when i realised it was literally 100% shills, not worth the time. always funny seeing the same comment x100 from accounts that are the exact same age though. 'it has the best community' says john243302929 and also john243302930.
i literally cant tell the difference between that and
jeez man can’t second this enough!!!
how do people feel about dafemoon? i keep hearing about it but a coin with the name safe in its name just seems wrong. the subreddit looks like wallstreet bets so it also puts me off it.
took a peek. i want to listen to you, but when someone makes a post with 12 different emojis, it is a clear sign that have they inside track on a new coin.
i was down , but one shitcoin is now up to . but i agree, that sub is sketchy lmao. i’ve bought so many coins that just die off right away.
i browsed it and followed it or a few months. never invested in any of them since they all looked like pump and dumps.i know regulations are something a lot of people don’t like the idea of in crypto . these shot coins pump and dump schemes will bring forth regulations once theirs enough public outcry. i feel like it’s inevitable. op has a good set of rules . similar to the ones i follow .
you missed the s off the end 😉
stay away from r
not necessarily, you could also suck in all the information and do the exact opposite.
that's the dark part of town. we do not go there.
how can i get into the sub? not in need of financial advice
how can i join this subreddit?
but ixi was really looking good 😥
they went private lol
but that is where i found
lmao believe reddit shut them down already
that place was ok, now the posts are so shilly they are cringey, no idea how people fall for it
what’s your opinion on satoahistreetbets?
yes i have to agree this by far the worst scam page there is
legit coins came from there too tho ,🤣
jesus, i looked it up: it is a shitshow full of shills and pumps and dumps.
the name sounds like a huge red flag
honest to god that place is the mos eisley of subreddits
follow and yolo. got it.
seriously... follow this advice.
it’s filled with scams, yes, but also legit projects. i’ve made solid gains from that sub. it’s much harder these days but if you apply the same research steps in this post to posts there, you *will* find some profitable coins.
good luck on your crypto journey, old dirty bastard! also, you should open up your reddit vault. moons are a great way to get used to crytpo! and you earn moons by receiving karma on this subreddit.
my closest friends are now redditors because i always shared with them posts like this until they realized that they need to be here to be better informed.
i started a few weeks back with crypto and already made tons of mistakes! this stuff can be really tricky, but thank god i forced myself to start with a low budget! but i think i will keep trading the established coins for a while before i start messing with this stuff! at least i will have a good guide in the future!
i made mid 3 figures into mid 4 figures through shitcoins and i’m hoping to leave this bull market with low 5 figures which would be insane for me. my advice would be to funnel your gains from shitcoins into the bigger coins with proper tech and ride out the market there
also interested. tried reading contracts or checking data on poocoin, but i did not see any info about lock duration.
i'm a total noob, but i just checked a coin on the poocoin website and below the liqudity pool amount on the left side, there was warning in red font "an unlocked wallet is holding 58.22% of the liquidity pool"
would also like to know this.
couldn't find an answer to that question myself... i'd also like to know
look into the "rug check" link available on poocoin. it is on the left hand side under the lp info op mentioned. has a lot of useful info op mentioned and even elaborates on some points!
i’ll do you one better: funky toilet coin 56
i just went to bscscan to have a look and the first new coin i see is "elonsperm" ![gif](giphypvami8qym42n6downsized)
other way around for me
good joke, too :)
it’s a solid project indeed
i actually bought cumrocket on the very first day it launched because i thought the name would take off. it did **not** fit all my criteria at that time and i was super lucky.
and i saw it on moonshots. there are gems in there.
with dd like this coming out so early on in the write up y’all be glad you got seats in the front row.
cumrocket (cummies) wasy best investment so far, i threw , i'm up by a whole lot.
hahaha, damn that is a catchy name
went to check it out, reminded me of an early onlyfans. i’m so fucking in.
i’m tempted to buy this
this aged like the finest wine. how much you made friend?
fuckin way she goes bud
i've ran this a few times. awesome script, but man it opens up 1000s of tabs and i've yet to get my head around how i'll use it properly. ' how are you using it, out of curiosity?
now it would be great if you could make a script that scans projects that ticks all the boxes :p
buy low sell high, got it. if we knew when pumps and dumps were no one would need advice.
so im a bit new and bought some coins through pancake swap. do i just convert said coin to something else, transfer to a exchange sell it and off to my bank if i choose so?
i check a lot of coins every day. sometimes i check 100-200 coins with no luck. other days i find 2-3 good ones within a few minutes. i do not like bragging but 3x gains would be thisappointing based on my current record. keep in mind i **do not** put in . the highest i did so far was . but please do not jump into this because you see high gains. you would not get anywhere near these gains until you get very good at it. and you will start losing money. that's why the .
aww, you're such a honeypot.
it depends on your own definition of shitcoin. if you are a legit charity or a project without millions of dollars like cardano, you would get started that way. it does not make you a shitcoin.
how did you post a gif?? edit: nevermind, it is a badge privilege thing
![gif](giphynl2j6tmcms1pedownsized) better than my methods lately
thank you very much for your kind words and the moon! it means a lot to me! ![gif](emotesnoomoji_packblush)
i did too and i'm still hodling. it will take off sooner rather than later. it has a purpose and the team is doxxed. i did not want to mention it first as an example but now that you do, i will confirm.
which trader are you using? i’ve been on kraken and choices are limited. been looking to possibly move to a better trader.
yes, there are people making money on real shitcoins. serious money. but it is very dangerous. i see it happening on a daily basis in the charts but i am not joining that party. it's gambling.
there is also [bogged.finance]( but poocoin is my favorite. faster.
not with these ultra low cap shitcoins. plenty of these solve nothing, have no product (or plans of product), have no reason to be adopted. there is still plenty of money to be made though. these are almost all gambles and not serious long term investments.
yeah. bitcoin gets a pass as a store of value. to me everything else has to have a purpose.
1. very easy. anyone can list a coin with minimal investment. that's why liquidity pool is so important. it means the developers lock a substantial amount of money and are dedicated to it. you rarely lock . 2. no, some coins take off without purpose. look at safemoon. they had no purpose. it's up to you if you want to jump in on those. i passed on safemoon the first day because it did not fit my criteria and i do not regret anything. 3. rugpulls, for example. deceiving people and pulling liquidity. the holders of the coins and people who lose the money would make sure you cannot ever step out of your house again if you pull a scam (even if within the law) and you show your face.
i wish i had proudly unwashed balls. ![gif](emotesnoomoji_packcheeky)
correct, but in my experience if they stop giving update after a few days people start jumping ship and it is difficult to recover from that.
you need to figure that one out yourself :)
easiest way to check if a project is a scam or not is to go to enter the contract address and see if similar contracts are tied to scams.
i never go to cryptomoonshots. it's a waste of time. pretty much all of them are scams there. i rather do my own research.
pretty much. it's rare that a new coin already has a community and use cases right off the bat, if it does not have those it is a shitcoin. price based purely on speculative value.
i agree. there are some people who made a lot of money on those shib coins but i stayed away from them because they are copying doge. and i usually do not get in on copycat projects.
you should have bought thiscoinisnotascam, then it is totally *safe*!
look at the team, do not look at the supporters. the supporters will always hype up things and the dev team cannot control that. good advice!
what is an audit? an org that checks if the contract us scamfree? which audit orgs are reputable? for now i use poocoin and tokensniffer, i use some of the rules above, but i'm stuck in understanding when a coin is really locked. for now i just have the word from the devs and a link to some contract details i do not understand.
absolutely, i know several people "out of my league" who invest hundreds of thousands or millions (i do not know their exact portfolios, but i can guess) in btc, eth and the big ones and they also trade on bsc to make very good extra money.
correct, but i make a good living following the above rules, so it is possible. and i'm not even investing large amounts into each coin.
it helps to network with some of these people in the telegram group or thiscord group. the ones that are financially doing well will be happy to talk to you about other projects they’re having success with.
ya this goes against everything crypto is supposed to be about; there is no decentralization, anonymity, or freedom of speech.
yeah, surprised more people haven’t mentioned this. correct me if i’m wrong, but any binance chained currency is going to run the risk of centralized pumps and dumps, correct?
liquidity lock details as mentioned will usually be in blog posts and releases prior to, that’s where dyor comes in. usually in the “tokenomics” of a new project it will mention how long certain amounts are locked for. release of those locked assets is when speculators will say a dump but that’s assuming the holders that can now sell even want to sell. if they’re a legit project then the early investors will want to see it out, if it’s a shitcoin then the liquidity that was locked will be dumped when it’s released.
i see you :) it does not absolutely have to be 50%, or even 50% together. but the higher the number of coins that are not dead or locked up in liquidity pools, the higher is the risk. you need to calculate that risk yourself, though.
too late. too risky.
nobody has ever called me that. so i am responding to say thank you, lol. i read all comments here (halfway done) but i cannot respond to every one individually, just too make. but know that i read your comment.
use the save option :)
because the transaction fees on smart chain are so low, you could even do this with . you just need to stick to the rules and learn from mistakes.
think of it like btc, eth, ltc, etc... are your apple, tesla, microsoft, etc... established, do not go too crazy, and are a good solid investment. you could lose a bit, could make a bit, but for the most part they would not go too nuts. safemoon, bonfire, etc... are big gambles, similar to say gme, large fluctuation, and big changes resulting in you possibly losing 50-75% of your bag, but could go 10-100x. cumrocket, titscoin, absoluteshitcoin, etc... are all just complete massive gambles that can cost you 90-100% of your investment, but could rocket to the moon. just depends on how risky you are and how much you want to gamble.
yes, that is a very good tool to limit your losses automatically.
will be interested to hear your successes :)
i guess because it is the same dog as doge. and people thinking it is the next big thing.
because lots of people fall for shitcoins.
pretty sure the . op probably does bigger volumes.
if you can learn how to reliably 10x your investment that is a good skill to have. op is only suggesting starting with small amounts until you get the hang of it.
i do not pay taxes. but i will save that for another post
yes. yesterday actually. i wanted to get out at a small loss and currently it is 5x.
i do not want to shill coins, sorry.
it's because they have a problem with the network right now. too many trades. increase your gas from 9 to 11 and it will work.
yes i think ankr hits all of those.
wait until tomorrow. the network is very congested today. i did not notice that high fees, though. slightly increased.
my strategy is also invest only projects whit use-case... blocknet and singularity are great example. i also like syscoin, monero,grin, golem, iexec and siacoin ... all these have some use-case
1. the rugpulls and honeypots are easy to spot with the previous guide i wrote. as to why some have a huge supply, i do not have a definitive answer. it could be because people would rather have 5,000,000 coins in their wallets than 5 coins. but yes, you are right, you need to be more careful about scams when you get into the billion or trillion coins range. 2. it's one of the things i look at, but not the deciding one. i simply forgot to write it in the guide. there are probably a million more reasons and i could write a book about this. 3. those you should steer clear of. but yes, there are coins with actual purpose (charity, building a product, software, marketplaces, etc)
i made an exception and sent you a message with one.
yes, ideally you would sell when they go higher, not when they go lower ;)
man, i have these same questions. it looks like op has not responded in a while. i wonder if there is somewhere we could get these answers?
you cannot find these coins on binance. you need to trade them through pancakeswap with either trust wallet or metamask.
i think both should work. the trades you need to do through pancakeswap with either trust wallet or metamask. but you can buy bnb on binance and then move it into the trade wallets. i should have written that. missed it, sorry :)
that's the liquidity pool, it does not necessarily need to be named pancakeswap: coin name.
op just vaguely states the burnt address. having a burnt address is just a plus. if you look at the left side of the address you will notice a note icon, that is the liquidity pool on pancakeswap.
nah, they are behind a paywall now. bscheck.eu is better anyways
pancakeswap, poocoin, bscscan, metamask. is all you need. and twitter + google to investigate.
the logo. i wrote the other points, too. a legit project with a bad design would not take off. that was my point.
pancakeswap + metamask :)
i am pretty sure some people doing what i do drive lambos, but they work with bigger amounts and they have been learning for longer than me.
top right. it's one of the dropdowns.
i realize that ethereum, etc. are better chains than bsc for a variety of reasons, but this kind of learning and trading you could not do on ethereum due to the high fees.
i love posts that have risks of being downvoted, so i'm upvoting you for effort :) 1. every investment is speculation. when you buy an apartment for profit you're speculating. it's pretty much the same. welcome to planet earth :) 2. yes, there will always be new projects coming. people will lose interest in the current ones and move on, except for the really good ones who continue to innovate and keep people interested through real value. the same goes for normal companies, though. microsoft and apple are still here for a reason. thousands of others who started at the same time have shut down. 3. a lot are ponzi schemes. i do not get into those. look for the purpose of the project, that is the most important thing. are they a charity raising a million for puppies and have a track record of donating actual money? are they building software to improve crypto trading? there are many projects who build real things.
people don’t wanna put the work in. i decided to try this out last night and out . woke up to almost
i did not know there was a problem with bsc in ny. will have to do some research.
it really depends on the coin. i do not have anything fixed but usually i try to get my investment back after a 2x or more and then leave the rest for more gains. yes, you lose out on potential future gains but leaving all your money everywhere will set you up for big losses if something goes really wrong. so, take back your investment and a little profit (if you want, up to you) and leave the rest for more profits.
pancakeswap + metamask or trust wallet
most new coins are not listed in trustwallet yet (the balance in usd). you need to use poocoin to track them. or pancakeswap in selling mode but without selling.
several legit and large charity organizations have launched coins to support their charities in 2021. what do you suggest they do? tell you to buy ethereum?
i think point is if you find one that checks all boxes and you do not invest heavily then you should be alright. but there are so many space. ps i have a nice bag of safemoon. 😆 but i got in early so...
lol, someone is jealous they did not get in early! they sure check a lot of these boxes but i know i gambled my ... but their faces are public, they do amas, and their marketing is amazing.
did safemoon pass all the checks when they launched, though? i do not think so. and they wouldn't fit my "purpose" rule. i actually found safemoon within a few days of them launching and i did not invest. i know the gains i could have made but i do not regret my decision. jumping in would have been gambling. and gambling does pay off sometimes, but most of the time it does not.
correct, you cannot look at the hype. if the coin has a great following, that is good for growth. but you also need to make sure it checks all the other boxes, too. you **will** get burned if you only invest based on hype.
doge is not a new coin.
i still remember several comments and posts in here about "stinky link" . lots of crypto wizards up in this lands...
i do not want to shill any coins, but several that i found on day 1 are now starting to be listed on legit large exchanges.
you can link both together!
i do not want to answer but i can make a living from it. and better than minimum wage :) sitting in a comfortable chair all day drinking coffee definitely beats standing or running around in a restaurant all day.
it will probably go higher, but you need to find the next bonfire on day 1 or 2 to make real profit.
the worst thing you can do is set yourself a timeframe. it depends on the coin. if i see it is failing, i get out with minimal losses. if i see potential, i stay even though it dumps.
yes depending on the supply
marketcap is more important than the price.
there are plenty of youtube guides that show step by step
you have to use pancakeswap for bnb token and uniswap for eth token. you can use metamask on pc for both exchange and trust wallet for pancakeswap on monile for bnb tokens.
no, i generally do not come back once i'm out. i am not saying that is a good strategy, it is just the way i work. i get in early and when i'm out, i'm out. my next . but if you want to do that, there is nothing wrong with it.
so name every good coin "shit" instead of "safe"?
take the time to read it. it's good advice, trust me ;)
never gonna get a lambo if you think this is boring. ![gif](emoteemo_pack_1dyor)
funny quote, but not true. but funny :)
i own a lot of amp personally bit you can just go to gemini and buy it outright. at 7 cents thats a more established coin. op is talking about coins with 0.0000007 values and 1 quadrillion tokens issued and shit.
amp is on ethereum. i do not trade there due to the high fees, so i cannot give much advice on that.
people are absolutely sleeping on amp. hoping for a coinbase listing to open more eyes to its potential.
i would thisagree. respectfully, though.
no ty, i'll avoid being scammed out of my money
it's a doge copycat coin with nearly identical fundamentals, so depending on the hype will determine eventual price
doge copycoin, in a way, but has an actual cap to its total amount of coins and is trying to have some utility... though that utility seems to just exist within its own ecosystem to give itself credibility.
i trade a little more now that i have the knowledge.
this is not not about being able to afford it or not. it's about practicing with small amount until you know how to do it. but if you have , more power to you :)
hoge, .ticks all the boxes, real team ,real community, huge future,... been imitated since it was created, ...hoge is already way more than just a meme coin, everybody in the community is a part of hoge and helps create content ,nfts , musicians, artists, marketing ,merchanthise , sponsorships ...the dev team are very talented people with amazing credentials. hoge is truly defi , the first token with a d.o.a , decentralized autonomous organisation, and passed the certik audit with high score and no vulnerabilities... i could write pages more on the positives of hoge but urge any one to check for themselves , hoge has a great community spread accross all the social medias , do your own research , thank me later!
renounced owner means that it has no owner. a community coin to be specific, the community is what drives the coin
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is this an evidence based comment? is it founded in ignorance, bias and religious zealotry? is it weird how much time put into criticising something you have never attempted to understand? how many nodes are too many? how many are on aws, do you even know?
not every coin on bsc is a shitcoin. that is the whole purpose of this post. a legit charity for example without millions in funding could not afford to set-up their project on ethereum.
thank you for tagging me!!
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shiba really surprised me. i'm banking on bonfire though. similar to safemoon.
i did not buy safemoon because it did not check all the boxes at the beginning. and i'm not buying safemoon now. i have nothing negative to say against them, but i just think the really big gains are behind them already.
i think binance us works everywhere except ny.
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pretty much - bsc is a different network which much lower fees and faster transaction times. you just cannot swap them for tokens on the eth network without paying ridiculous fees. you'd need to use a wallet like metamask and load up with eth to do the swap, again with higher network fees just to purchase eth. it's a pita compared to using binance
download trust wallet (write down the seedphrase and keep it safe) then you just copy the contact address and use pancake swap to swap bnb for it :) it is confusing at first but easy once you do it a few times. definitely recommend watching a video on it first
yes, the vast majority are real shitcoins.
yes do not invest in this. one wallet have 89% of all token, the lp is not locked and it has owner.
damn poocoin doubled in the last 3 days
in poocoin. in the left side of the panel it will say how much lp the coin has.
you can buy them in pancakeswap
don't fall for it. top address holds 99.8% of all coins.
? hazel just said above,. ... *for the first 1-2 months, do not invest more than *
if they adapt, it will take them more work and money to make profits. plus, they cannot beat some of the points. scammers will almost never not create a liquidity pool of . and they would not give up control of their big wallets.
don't invest in aquapig. it's a shitcoin.
shitcoin airdrop from 2017
sometimes you're better off trusting your gut
first time i see someone write this and not the negative.
check out r. a subreddit trying to be what cryptomoonshot failed to do.
i've said this elsewhere before and i'm saying it again: it's because the mods are crap. i want to spread awareness. yesterday, i was trying to make a post. it's always removed. here it is. >i remember joining this sub only a few months ago and i was seeing coins that had real usage - bepro (not doing so great now, but it had purpose), chz, wink, and a lot more. now all i see are trash. you heard me right. every new coin that has the name "elon" or "safe" or whatever alien planet you think of, it is utter trash. "this thing is going to the andromeda galaxy. devs are so kind, they gave my wife's boyfriend some flowers and gave " with all due respect, please get hit in the nutsack. downvote me all you want. i just want to get this off my chest. i'm tired of seeing trash. if i do not see any change within the next couple of months, i'm leaving this sub and hopefully others realize that that is also the best decision to do. crypto is supposed to be something that is be utilized by or to leverage a process. decentralization was implemented against centralization. (edit: meaning btc had a purpose and will continue to be the face of crypto) these new meme coins are destroying the name of crypto. please, mods, if it is too much work, allow others to join your team and help in moderating this sub. look for an account with good reputation. bring this back to what it was before - looking for coins that have moonshot potential because of what their actual potential as a coin of utility is. i dm'd them. you know what they told me the reason was they removed it? they said my post was pointless. in this sea of meme coins, they called my post pointless. screw you, mods. ya'll should be ashamed of yourselves. just quit being a mod. you guys failed.
and a very good financial advice i might add. though i would like to ask how can we check if liquidity is locked? does poocoin also show anything about locked liquidity?
seriously !!! 😂 cryptomoonshots is a cesspool
seen this sub recently. cannot make heads or tails of it and it just looks like a community of bots. your post here answers the questions i had about it more or less, thanks op. side q, as a mobile user what is a reliable app for this kind of thing? i bandwagoned doge for a few quid to see if anything really happened using binance and went to walk with an extra couple quid. ended up shifting it to ltc and withdrawing to coinbase because it seems to be a commission shit show lol. even on coinbase it is like if you wanna move some eth then prepare to drop 200 bucks on the transfer (nice noting that on the post btw)
i’m the creator of funky toilet coin 55. how dare you.
ahhh my fucking eyes!!! why would you tell me to do that!?!
thank you for pumping moons
went there, found this: 🍁🔥launched 5mins ago - buy hq weed
220k moons, that is insane!
how do you have so many moons? how do i get some moons?
you need to bleach your eyes after looking at your moonsies.
bleach is not enough.
more like virus. it spreads everywhere!
you have to admit that it would be more enjoyable if they posted the accompanying loss porn photos.
“if you **know** the **enemy** and you **know** yourself, you need not fear the result of a hundred battles. if you **know** yourself but not the **enemy**, for every victory gained you will also suffer a defeat. if you **know** neither the **enemy** nor yourself, you will succumb in every battle” - sun tzu, the are of war
tbf there are some good coins mentioned every once in a while. it's just one good coin for 1000 shitcoins. which honestly is more or less representative of the market as a whole...
a little ironic hearing this from a wsb bro. wsb is full of the same type of pump and dumps
why? whats wrong with binance smart chain?
there are coins not launched on any chain right, like with their own blockchain?
it's junk. just pump and dump scam coins.
this people found out he was scamming everyone so he shut the subreddit down ' lmao
even a broken clock is right twice a day...
homeboy already made like ’t even know it
yay! just opened up my reddit vault!
what the hell is a reddit vault??
sold! i’m all in
shibarocketmoonelon6969420 coin with 5 percent of all transactions going to me, plus an additional 5 percent of all transactions also going to me!! based dev, 1000000x for me guaranteed up 5000% today already rugproof guaranteed rocket emoji, rocket emoji, cat emoji
as long as i can get at least a trillion coins for 'm all in.
i'll do you one better: why is funky toilet coin 56
>elonsperm so following the rules regarding the holders, we should abort it.
> elonsperm that's what all the tesla fanboys are currently sipping on
some of my favorites on the list so far. * the lord of the rugs * unsafemoon * dogepoo * fuck off
they buy you holly molly
expected to rise up... i m in. whatever happens i ll have a bag to clean up the mess with. can't loose.
it's getting a cex listing on the 13th.
you cannot time the market - i totally agree with that. what i'm trying to tell is enter near the dump. most of these coins experience an exponential pnd initially and then have a linear downtrend in the next few days. i'm telling you enter somewhere during that downtrend. you may not time it to the low, but you can be sure you did not fomo in during the highs and regarding exits, it is all based on what profits you want to take and your greed levels- i sold this token called akita inu at a 3x profit to see it spike to 12x over the next 2 days. the key point is to be satisfied with your gains and not checking charts again and again to see how much you would've made if you stayed on the train 3x realised >>> 12x unrealised profits for me anyday
see, you'll incur charges again if you decide to send from pancakeswap finance to an exchange. most of these coins are designed in such a way that the transactions involve some 5-10% fee incase you sell (5% permanently burnt and 5% thistributed among holders, sort of a mini ponzi scheme to stop you from selling if you ask me). so just hold coins in your wallet and when you want to sell, go to pancakeswap and swap the shitcoins to whatever coin (bnb, usdt, eth) you bought it with initially. also, you might be better off holdin(go to coinmarketcap and see the markets available for the coin and go for the one with highest liquidity since this will help you get your coins out soon)
yep, i get you. i have plenty of experience with this sort of stuff, more so with penny stocks where i had some success, but never with crypto. is the reason for the low investment amounts because you are limited in capital or just that you are still testing your strategy? i ask because if you can achieve >3x even 25% of the time, surely it would make sense to invest more and then just tightly manage your stop losses?
what is ? complete noob here tbh
is there a couple wallets? or is it always some exchange you've never heard of or very specific. it would be very time useful to only have a few, rather than a new one for every coin
i’m probably going to convert my reddit moons to a shitcoin that has all of these metrics. these coins take a few minutes to create. they have no real use. it’s just who can market them. same premise as dogecoin, really. let’s hype this nonsense or that nonsense. they’re still shitcoins or scam coins. the goal is for the devs and early buyers to turn a decent profit via hype. almost none of these will still be around in a year.
you can actually post gifs in response to premium members who post gifs.
thanks for these kickass posts! i’m stoked to take a dive into one of these new coins from an early standpoint. just a matter of finding the right one!
nice!! i’m loving it so far :) good luck to you moving forward!
usually what channel do you learn about new coin? is it all on bsc?
i used pancakeswap in trustwallet, had to set the whole thing up which was a bit confusing and difficult at first because i don’t know what the hell i’m doing haha but i made it eventually. not typical trading unfortunately
absolutely my dude. it is gambling. that’s why i only ever bet about . i can lose .
purpose is to solve being poor
i dont think putting 5.00 into a shit coin with no fundamentals is a bad decision if the 5-10x profit you rake in gets reinvested into legitimate large cap projects. only if you take your profits in fiat and run is it hurting the cryptospace on the long run.
to me this sounds like a strategy that has only worked out for op because of the nature of the bull market we’re in. right now there’s lots of gamblers willing to throw money into these micro-cap coins, but that can’t last forever. or maybe it can, what do i know?
what about netvrk? (vr metamultivers) what about cryptoblades (alienworlds competitor?) both of these projects are somewhat related to the gaming sphere. they solve no problem, but that does not seem to be needed in gaming related stuff anyways. if it is good and earns players money, that seems to be good enough for them. i just have a hard time not seeing them go parabolic if shit like dogecoin is in the top 10. crypto is weird
bitcoin is the ultimate shitcoin
where does one see if the liquidity pool is locked? that's the pancake swap holding i think?
hahaha i guess i cannot buy it because i got no balls lol 😂thanks loads though for writing this series! i'm a crypto newbie and recently got interested in smaller coins, already got burnt twice (about ) so this is super helpful :)
be aware that the rule **"no prior similar token contracts"** failing (red x) is not an automatic sign of a shitcoin. many legit projects use templates to start their token contracts and that is what flags it. the other rules you need to be careful if they fail, though.
scammers will also find successful coins, duplicate the name, and post the site, to take customers and kill the original coin. good idea to always use the link that is on the site or in the telegram
it's literally just a place for scammers to post their pump and dump schemes
would another point be that if it is on r
do you have to buy them with existing coins such as usdt or btc?
i might be missing something. i found a coin snowball, that (seemed to anyway) ticked the boxes you mentioned but i could not find it on pcs. i had no intention of buying any but i was just testing out the process. edit: silly me i was searching the name of the coin. it appeared on pcs after i searched with the contact address.
your entire post was about binance smart chain... which is a centralized copycat of ethereum 🤷‍♂️
you cannot make an omelette without breaking eggs.
telegram is a scammers parathise
lmao yet 99% of you start getting a big dick when jp morgan starts moving into your space and other large financial firms. something that was to never suppose to have happened. yet here we are.
your gonna buy 5?
thanks! actually some things became more clear as i keep checking more coins. actually couple of coins with green flags made like 10x just today. and i'm wondering if it is too late to jump into that coins or it is still promising.
hi hazel, thanks for all your work on this post and in the comments, and the other post a couple days ago as well!! you've done an amazing thing for your own karma by providing so much info that so many of us wanted and needed. a number of people seem to be struggling with one point of your post - would you kindly please also provide us with any guidance here in the comments regarding how we can go about determining the locked status of the liquidity pool and the length of time that the liquidity is locked for? thank you yet again!!
correct, you need to learn this and have a proven track record before increasing the amount. if you traded 100 coins and have a 95% rate, slowly increase. if you start dropping your rate, find out what went wrong. don't just keep going in the hopes that it will get better. it likely would not.
do you mean you do not *report* any taxes? or just that you're using some clever tactics so that you do not have to pay taxes?
may i send you a message please to find out?
i read the entire post and i have a trust wallet but i am still unsure how to go about buying the coins "through pancakeswap with either trust wallet or metamask"? any chance you could explain this part in more detail? cheers.
that is good. why not put into multiple projects or put ? you can cash out your . even if you do not strike 4-5 figure gains in one gain, you can make these little gains per day and build up, seems like there is an endless supply of these "shit coins" btw, did you use any other tactics to do this besides what's on this guide? i am thinking there is more to it when it comes to picking the coins
it's always a gamble with small coins regardless - you know this as someone who's experienced in trading them (good article!). if average annual gains from bitcoin or ethereum are not enough for someone, they need to be ready to lose out and be rug pulled. purpose-wise, i'd say the market dictates the value and the purpose. if you have a 7 year old coin like monero, shilled left and right for its purpise and utility as the next bitcoin having less than 2x the market of the "utilityless", 2 month old safemoon, then that purpose kind of falls flat, right? at the end of the day, the most important thing for 99% of crypto investors (despite what they say) is how much their initial investment will be worth when x amount of time goes by. while purpose can be a good indicator, it is by no means the only important deciding factor in a coin's success
totally agree, hype is definitely enough to pump a coins price in the short term, but just hype without anything fundemental actually backing up the hype other than the fact that the price is increasing is a recipe for a way to get burned. just a matter of time when most of the holders decide to dump it, and when enough of the big whales do, stop loss after stop loss will be triggered and the price will free fall down.
are you still holding it?
hmm... care to elaborate? what you mean is marketcap is more important than price right?
my so works at a financial institution and has very much advised against this. edit: you have to provide address to get past the verification process anyway.
i googled my way through what you said and i bloody did it! thank you so much for your guidance. i found saferune that ticks all the above criteria so just had to work out how tf to buy. i went with binance btc -> exchange to bnb -> withdraw to trust wallet via bep2 -> swap to bsc bep-20 -> in-app pancakeswap -> exchange bsc to saferune. i seemed to be hemorrhaging transaction fees though so if you have any tips to how smoothen the above process please let me know
i'd rather have a safeshit than a shitsafe
i’m just fuckin around. i read it. that being said, i’m a pretty calm investor. i buy 1 of 3 coins every month that are already well established and then i just leave it alone
yeah... binance is super sus to me. alot of shady projects have been born there so i pretty much stay away from that. i'm not a trader, rather an investor, so the fees for buy are essentially a non factor. wish you the best of luck. i buy it exclusively on the gemini exchange if you cared.
the more the sleep, the longer they weep! but seriously, im stacking and staking. ready for passive income for the rest of my life. once people realize they can spend doge at dunkin donuts and gamestop. it will be too late to fomo.
me too, since it’s almost impossible for europeans to buy amp right now. :(
its basically doge again but without the name recognition, without an 8 year track record, and where they manipulated its price by having most of its coins locked up so they can use what's basically a fake market cap to get listed among the top 100 on coinmarketcap when they should not be listed there at all (and are not on coingecko). it was 100% a trick to snag people as "the next doge". it has zero benefits over doge and a bunch of things against it. but people forget that being doge does not happen just by being a joke coin or by having a dog-based name, there have been hundreds if not thousands of joke coins over the past decade and all of them besides doge died sooner or later. that means starting a new joke coin has a 1 in a 1000 chance of lasting. sure, many of them pumped 100x briefly before flaming out, that is how scams work, but more people lose money on them than make money.
interesting haven’t heard of that. where can you buy it?
what he said :)
thanks man. can you recommend one for android?
scratch that, got trust wallet :)
i figured as much, but thanks! do you know what it means when an address has a contract next to it?
that's through trust wallet or in a different way?
that's why it is in market cap. and has lower transaction fees and more transaction volume than btc.
everyone will get back to shitcoin gambling once they grew impatient of ‘10-20% slow’ gains. crypto presented itself as a quick buck platform which is why we see degenerate gamblers everywhere. myself included.
it'll eventually too feel the toxic sludge pour in
thanks for the great sub suggestion
thanks! project looks amazimg! i bought 10,000!
you are absolutely right. i still believe you can make money through the legit projects even in a bear market, but it will be more difficult and more time consuming. but it is absolutely easier right now. and always take profits, or at least take out your initial investment and leave the rest if you want to gamble.
well said! just to throw a few of my own cents into the ring; it's easy for people to say "only invest what you can afford to lose" but when everybody is posting and flexing gains, it is hard to reel yourself back in and say i really only have (because that is what it is, play) instead of yolo'ing an extra . i try very hard to look at any of my shitcoin money as junk food money, once it is eaten, it is gone. if anything comes back, take it and be pleasantly surprised. and remember, just because your wallet shows you being up 359% and "your money" has doubled, it is not your money until you've cashed out - at the end of the month you cannot eat your phone screen. my buddy has 20k (always rapidly fluctuating) of a certain safe-something in his wallet right now, has not actually sold any of it, not even to cover his original nut. but he is just pissing money away because he thinks he is 20k richer than he *really* is. another big shout out the hazel, absolutely phenomenal work. i just spent an hour going through your posts and handwriting your tips in my crypto notebook.
it's because mods get paid off by shitcoin devs to allow certain coins to be shilled while suppressing others that could funnel away money from the pump and dump shitcoin they are currently promoting. shitcoin devs also pay popular tiktok people to shill their coins as well. cryptomoonshots is such a corrupt sub, it needs to be investigated by admins.
i'd also like to know how to check if liquidity is locked!
crikey. i hope my poo liquidity is locked 😂
it really used to be so good. i learned about an awful lot of coins. but then they saw that a useless meme coin could make them rich, and that is that.
ok, to recover put your dick in a toaster...
god damnit, im redditing at work and there is nothing "laugh out loud"able that happens in the office. boss just questioned what im doing...
looks like a solid investment.
i prefer 🥴 lol (3 days old and growing organically)
keep commenting, get upvotes, profit every month. he’s got a lot because he either has a lot of karma from over the years, so it’s almost impossible to get as much as him, but it’s still fun
i would also like to get moons.
keep on shitposting just like this
to be fair, many of those were called a year out and only fomo crowd got burned. can't have one without the other. winners and bag holders
as long as he opens his vault! snapshot happens soon i believe.
well that’s pretty neat
just sent you your first moon! now you're a part of the club!
what the hell is reddit?
if you're serious, dl the reddit app and it is in the main profile page right at the top. you literally do not have to do anything except click on 'open my vault' and then save your seed somewhere.
yes, i can see these addresses, but how to tell the lock duration of the contract?
i found the link. on this coin i'm looking at it shows me that 16 people hold liquidity pool tokens. what does this mean? also, are the top and bottom addresses both burn wallets? why does one show "contract" and the other look like a dead wallet?
i'm dumping my eth and bitcoin for this solid project
i am gonna blue ball on this one.
both, sort of. i could afford a bit more but i do not want to. i can sleep well if i lose 5x . i will eventually move up once i have proven to myself that my strategy only fails very few times and i did not just have an incredibly lucky run.
don't buy more than .
i use pancakeswap for trades and metamask as the wallet.
i believe doge has been around for like a decade
oh helllll yeahhhh ![gif](giphybsekpdqfsshcmyn7fd)
yes, finding the right one is the most time consuming task. sometimes i check coins for 2-3 hours without finding a good one. other days i find 3 in a row within minutes. don't jump in too early just because you want to. you'll eventually find the right one.
i learn in many different places. there's none in specific.
it is confusing lol. we can only rely on these type of posts to guide us through. i’ll take a look at pancake. thanks!
more power to you if you can do this with . i cannot sleep at night if i lose .
it's been this way since the beginning, which is why his point about liquidity is extremely important. can't take gains if no one's buying!
of course it is the nature of this bullmarket. this would not go on forever, hence taking advantage of it now is important.
every business needs to answer that purpose question too though. it's not like businesses in the entertainment industry struggle to find that need. entertainment is always relevant. the problem is boredom and they have the solution!
just becouse one joke went viral doesnt mean that new jokes will go viral
no, because maybe a supporter of a legit projects goes and posts it on r. you cannot automatically thiscard something as a scam just because someone shilled it there.
what can i say, i'm a hypocrit!
and at the moment it is functionally superior. i much prefer the eth project, but the solutions to its problems will take a lot of time to implement. in the mean time, binance smart chain very quickly solved those problems while making a bunch of sacrifices that probably make it untrustworthy in the long term. but seeing as nobody is willing to spend , bsc is the best we got. hopefully eth will work out it’s kinks for the next bull run
when i go to stores i show them my reddit pass card and i get the sales tax removed.
i do not pay taxes either. there are no capital gain taxes for private investors where i live.
you may but i seriously have 200+ unread messages. i will get to them all eventually, though. just give me some time :)
you have to send bnb to your wallet and swap for smart bnb on the coins page. then for trust wallet you go to browser on the bottom and find pancake swap, then you click the top right to connect your wallet. then you can swap your smart bnb for coins, you may need to custom add the coin with the contract address from bsc. make sure to always always thisconnect your wallet before you close out of pancake swap or your coins may get stollen. you will need to save some smart bnb for the swapping fee so dont swap for all of it and you may need to play around with the slippage for it to go through since each coin has a different slippage rate required for swapping.
i have the same question! how do you trade on pancake swap? do you flip them to other coin when they go up !
yes but i took out my initial investment. i have nothing to lose :)
just buy the super cheap meme coins. like 0.00000001 per coin. you get the idea
i have done the same because transferring bnb bep20 to trust wallet you are required minimum to 0.1bnb. so i have converted my any coin to bnb bep2 then send it to trust wallet. in trust wallet you have option to swap bnb bp2 to bp20 smart chain you do not need to go pancakeswap for this. remember only in trust wallet you can swap bnb bep2 to bep20 smart chain without already needing bep20 coin. you cannot do this on metamask your balance will be stuck if you do not have have a bep20 bnb smart chain fee to cover the swap. for swapping to bep20 without. go to trust wallet click on bnb or busd click on more then click on "swap to binance chain". yeah the fee sucks 2. there is nothing you can do. btw you have made your first mistake do not buy any coins named safe because they are all scam or full of whales
it probably already exists
nothing wrong with that. because i get in so early in many projects, i actually also leave them sitting there for weeks at a time, sometimes even months. once i get out, i normally would not go back in.
most of my trades are actually long term. if i get out, i do not go back in. if you have the money, give it a try, still following all the rules. i think you would be surprised at what you can achieve.
i'm sorry to hear this seriously, there some options to consider like uniswap. ik fees are high and that sucks
pancakeswap ... need to link in metamask or trust wallet. it's a little bit clunky but bonfire should also be available on whitebit starting tomorrow
no i do not know about it. i think of it as if a address has contract attached to it then after certain amount of time passed when the contract is finished the user can spend the token. if the address is 0x0000000 then it is a dead address.
you can use trust wallet on mobile or metamask on pc. watch some tutorial on youtube because bnb coin and bnb smart coin is different so be careful when transferring bnb to trust or metamask wallet.
so lower in cap than a meme dog coin and several scam coins
we keep it strict and community based. every day several bots are blocked.
nah bro, i checked it out, there are some solid projects on that sub that are low cap, def worth a look
this basically. not only is it corruption, but it is also fraud. it is the kind of fraud that is going to bring the sec down on crypto, and, to be honest, after seeing the absolutely huge number of predatory scam shitcoins, i am leaning towards this being the right move. small investors are being defrauded constantly
don't worry, if you get lucky enough here you would not have to worry about him.
i saw that project, really had some teeth to it.
how do you open your vault
how long does it take? i had like 5 likes (which is nothing, i just lurk here and try to learn quietly) but no moons still. is a like only a fraction of a moon?
how do i trade it for crypto?
awesome, i had no idea this was a thing. thank you.
same question, how to see lock duration?
you're doing this wrong, you gotta wait till it reaches funky toilet coin 69...that is when you dump all your coins into it
yeah absolutely, do not risk more than you can afford to lose and having a strategy that you have seen work consistently over a couple of months is important. thanks for the info - will let you know how i get on :)
doge does not fall into the same category as these smart contract coins.
oh i still need to set up my metamask wallet and move funds over still! this will be my first jump into trading on a different exchange than binance (or my small canadian on-ramps) so i will most definitely be taking my time.
i had one day where a market swing brought my positions down . that was nerve wracking! so ’t bother me. but i understand as well it adds up
the way i look at it, it is no different than day trading in the stock market. 90% of stocks on exchanges are filler low volume dead weight that investors swing and short on for nickels that they reuse for future investments. back to crypto, if less than 0.1% of your wallet is used for small profit chasers that turn your , , . i'm not saying you're wrong, i'm saying that chasing shitcoins is not a bad strategy if you're doing so wisely like op is saying. not blind "hurr hodl to the moon" on decimal gains like the 99% of fools who chase these coins.
it doesn’t mean it won’t either
disconnect or coins get stolen? can you elaborate on this please?
thanks i was going to do the same but my initial investment is so small it seems silly almost.
you would be amazed at all the coin names that already exist.
i’m gonna try buying some xlm and transfer it to gate.io, exchange it for usdt and then buy some amp there. i’m not sure if this is circumventing the gas fees tho.
hmmm not seeing it on pancake swap but was able to add to my trust wallet. what do you like about bonfire?
pretty much all the other coins ahead of it are shitcoins except for eth.
that's fantastic :d i'll start checking in
agreed. ideally platforms would vet the coins(they do not care what people are buying). there will always be some out there that would not even if it means losing some customers who get scammed. with the speed some of these scams you cannot rely on word getting around either and honestly mlms may have proven even having information available is not enough to overcome the emotional reaction people have to get rich quick schemes. that leaves only government regulation, which is not ideal but i do not see any other way
damn, well said! give these fellows right here some upvotes!
when i joined the sub it gave instructions on creating the vault so i went ahead and did it. i have no idea what it does, though. i also get incredibly lost when reading this sub because there are a lot of abbreviations and acronyms i’m unfamiliar with :(
your vault appears to be open i believe.
enjoy your very first moon
check it out here! sorry for the ugly link. edit: saw you got it working! just sent you your first moon
can they be traded for other crypto?
there is a thistribution day where you’ll get a notification saying moons are ready for your wallet. should be coming up soon!
hell yeah brother. every upvote earns you some moons, check the vault when you see the thread about the thistribution once a month and you collect them automatically.
i've been asking myself the same question but with some google fu i think i might have been able to find a tool that locks wallets for a set amount of time
it hasn’t happened to me so i can’t really- but i’ve seen it a good amount on reddit where people had their coins transferred out of their account when they didn’t thisconnect their wallet (seems to be more a problem on computers then mobile but better safe then sorry). its a good idea to set up a verification password you use when doing transactions too, i think that helps with security as well.
follow these [instructions]( you need to add custom id, it is too new to be fully listed. the devs are going to be doing a big ama this wednesday outlining their projects, but they are building firestarter and a decentralized social media. here is their [last ama]( outlining more.
ugh, i missed out on ‘investment’ i put into cummies on april 6th, sold way too early and i’ll never forgive myself. but now that i know it’s possible to actually happen to me my thirst to acquire more shitcoins grows even stronger.
any acronyms we can help with? most of them can be googled but don’t be afraid to ask beginner questions! you’ll probably get upvotes for it anyway :)
how do you see that?
link worked for me, thanks for posting! opened my vault
oh this strategy would absolutely dud in a bear market. you've won the damn lottery if you manage to find the next 200x hype-spec gem in a bear market. that's why i'm not totally against doing all the above if you're using your gains to set up a larger position in actual value projects before the end of this bull cycle.
i know there has been a large influx of newbies to the sub (myself included) so i try and read their posts so i don’t ask the same questions they ask and annoy anybody. i just recently figured out that ath wasn’t shorthand like how eth is ethereum. i kept seeing eth is ath and i was like weird but i guess there’s maybe a coin called athereum? then i finally realized it must mean all time high because i started seeing it elsewhere. i think i just get fatigued because there’s so much info and i know so very little so instead of diving in and learning i get confused and bow out. i need an eli5 for crypto in general. i’ve invested a little bit already but i really think it’s just going to keep growing so i want to actually learn about what i’m investing in and not just throw money at it and see if it sticks.
i’m in! i need to make money work for me and my family right now.
if you have not seen it yet, check out the [crypto trading terms infographic]( created by cryptojh (first graphic on the left). it's pretty helpful, as are the other infographics they have created.
op deserves a flair that says "stepbro wat is you doin?" for the rest of his life.
it's all relative, brother.
ahh the inability to edit titles strikes again!!
remember, it is important to set an incesting budget first and then incest regularly a little bit at a time.
i just had to get in on this thread... be part of the family so to speak.
[it's showing up in other apps now]( news aggregators are picking this up and the embarrassment widens.
that's a quality typo you got there in the title mate!
sweet home alabama is suddenly playing in here
what? i think you're in the wrong sub o_o
i’m just saying that’s a topic i hope never to get any experience in.
i thought this was my legal advice sub 😅
hold up something am not right , think need get my reading glasses out .
just the headline i was looking for
that title oh no no no edit: to actually give a proper reply, i bought initially pretty close to the top, but after consistently dca since mid-may, i've brought my average down to a point where i essentially went all in at a point halfway between the top and now. still not that great, but the longer we do it, the better the average.
my man about to be moon rich from an absolutely legendary misspelling… or do i assume too much?
this might be one of the greatest typos of all times. go incest all you want, brother. eta: remember, only incest that you are willing to lose.
i will never be able to dca with my stepsister in the room the same again. thanks op
incest in a diverse portfolio
is it weird that i was a bit thisappointed when i read the rest of the post to find out its not what i thought it was?
always dyor before you incest
oh my brother-father, wait til mother-sister reads this
yeah this is headed for the front page.
this person wrote a whole post on crypto to justify their love of incest porn
whoever put the "c" beside the "v" on the keyboard has been waiting for this.
for a second i thought that i was at wrong sub
you can get experience from reading books also. some of my favorites - the barefoot incestor - the intelligent incestor
i’m calling bs on the ‘accident’ in the title
tl: you had no experience with incesting, but now you have more experience with it?
- no rug pulls, but you can run your fingers through your sisters rug.
terrible misspelling in your title. might get you investigated by the fbi
grab my fiddle, i got some work to do
no ragrets??? not even one letter?
been thinking about rebalancing my portfolio lately. could do with some advice. should i take it out of mum and put some in sis?
mom, why are the police talking to daddy? it was just a typo johnny, don’t worry
whatever you say jamie lannister.
instructions unclear, got stuck in my stepsister.
swing trade is great way of incesting in crypto btw :)
remember it is never too late to incest. it's always better late than never
take incestment advice from your family with a grain of salt.
this is the typo of the day!
never thought incest was so openly thiscussed, that too in this sub. unluckily spell check would also not work in this case.
i don’t wanna think about this title’s “diversified model”.
the best typo ever. well done.
i feel like this is an intentional typo purely for moon farming
>edit: what have i done you've created the most confusing post on this subreddit. new meta.
*no, step trader, what are you doing?*
dca = "dads, cousins, and aunts."
⣿⣿⣿⣿⣿⢟⣯⣵⣿⣿⣷⣦⣭⣶⣶⣶⣶⣤⣀⠀⠀⠀ ⡇⠹⣿⣿⢯⣾⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣷⡄⠀ ⡇⠶⢈⣵⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡟⢿⣿⣿⣿⣿⣿⡄ ⣣⣶⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡇ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡿⠟⣡⣿⣿⡟⣿⣿⡿⠟⠀ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡿⠁⠀⢚⣹⣿⣿⠀⠀⣤⣤⡄⠀ ⣿⣿⣿⣿⣿⣿⣿⠟⠋⠁⢠⠀⠀⣼⣿⣿⣷⣿⡆⢻⡿⠀⠀ ⣿⣿⣿⡿⠟⠉⠀⠀⠖⠂⠀⠀⣶⠹⣿⣿⡿⠿⠃⡜⠁⠀⠀ ⠿⠛⣡⣴⣾⣿⣿⣿⣷⣄⠐⣼⣿⣷⣦⠀⠀⠰⠞⠀⠀⠀⠀ ⣴⣿⣿⣿⣿⣿⣿⣿⣿⣿⡆⢿⣿⡿⢃⣴⣦⣤⣀⠋⠀⣀⡤ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡷⣶⣯⣴⣿⣿⣿⣿⣿⡆⠀⠈⠁ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡏⣿⣿⡏⣿⣿⣿⣿⣿⣷⠀⠀⠀ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⡿⠀⣿⣿⣀⣌⢿⣿⣿⣿⣿⡀⠀⠀ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⠇⠀⣿⣿⣿⣿⢈⣿⣿⣿⣿⡇⢀⠀ ⣿⣿⣿⣿⣿⣿⣿⣿⡿⠀⠀⠈⠋⠁⠀⣼⣿⣿⣿⣿⡇⢸⡄ ⣿⣿⣿⣿⣿⣿⣿⣿⠃⠀⢸⣿⣿⠀⢰⣿⣿⣿⣿⣿⠁⢸⡇ ⣿⣿⣿⣿⣿⣿⣿⠏⠀⠀⣼⣿⡏⠀⣼⣿⣿⣿⣿⣿⠀⢸⣇ ⣿⣿⣿⣿⣿⣿⡟⠀⠠⠀⣿⡿⠀⠀⣿⣿⣿⣿⣿⣿⠀⢸⣇
it's important to keep your incestments private.
there are many different ways to invest and everyone has their own preferred method but i agree, dca is the way to go!
nice edit man , i think you are stuck , watch your six .
that's a strange typo there.
when you're here, you're family.
don't worry op, people will forget this mistake in time, just like people forgot about the time that drunk guy wrote about his plan to hodl.
i was waiting for a twist
florida investing club motto
go to pornhub for some roleplay invest videos.
move over 'hodl', we have a new winner
best accidental moon farm ever 😂![gif](emoteemo_pack_1dyor)
i’m not gonna judge you
feel bad for op as nobody is ever actually going to read his post but rather click on it and try and make an incest joke. me, on the other hand, i'm too sophisticated for incest jokes and my mum and dad did not raise any of their little brother, half uncle children that way.
nothing else matters, but family.
you had me at incest
is this what you guys mean when you're talking about generational wealth?!
well, in this case, looks like dca = daughter, cousin, and aunt must be one of those "southern" investors...
what are you doing step bro?
intentionally put a typo in the title, play dumb, get a lot of upvotes and still play dumb in the comments to get even more upvotes… i command you for exploiting a system like a true capitalist, but god damn is it obvious…
i'm sure there are lot of motherfuckers in crypto, so there is that.
it’s all about keeping that generational wealth inside the family
what are you investing, step bro?
what are you doing, step-hodler?
incesting advice: i am holding to give it to my family one day.
step incestor what are you doing i'm stuck.
"when you're here you're family 😍"- op
that auto correct tells us something about op.
come on brothers and sisters…give the guy a break
came for the "incesting", stayed for the "investing". 😂
why go across the street when you can go across the hall? -incest investment llc.
re: edit: what have you done? evidently someone very close to you.
this guy is short...on chromosomes
what are you doing, step-coin?
one letter was all it took.
i came here for experience in incesting matters and i was thisappointed.
what are you doing step bro😩
this dudes auto correct just told on him lol.
this guy is gonna have to make a new internet life after this. front page reddit incoming.
plot twist: op is a karma whore and the typo was intentional
stepbrother what are you doing?
time in your sister is always better than timing your sister.
plot twist- it was this guy's way of making it to the front page of reddit
sir this is a crypto thread…
i like my incest to be like my keys, private
you act like you did not put the title on purpose lol. what even is this post? there's no substance to it at all you barely even tried to make it seem real. why do people upvote this bullshit.
i don’t know. i think doing cousins anally is definitely the way to go. it avoids pregnancy
i also fomoed on ada at ath and did not dca ( my biggest regret ever ) but now i have stick with dca.
and after this post, it became clear to me why o loose so much money... seems i dont incest...smh
i'm stuck step crypto...
incesting is the way to go if you do not get caught
my dad never taught me to incest ☹️
i think myfamilypies has the answers you are looking for
it's the game the whole family can play!
the title was very misleading. i thought i would be up to a very intriguing read.
great advice. also, when looking to buy a dip, only put a proportion of your fiat into the purchase. you'll want to have some leftover incase the dip dips. edit: lmao. just noticed the title error.
greatest typo of all time.
does this become the new hodl? hopefully not
so that is why my portfolio is negative, i do not have incesting experience. can anyone link me an in-depth guide? thanks!
i've been incesting wrong this whole time.
oh no my eth got stuck staking.
the only real rule to incesting is: keep it in the family!
sorry cannot help. never did incest before
when incesting, you know what they say: be fearful when others horny, and horny when others are fearful
inncesting is more trouble than it’s worth... you should try tinder
step tolken what r you doing
you got me at “incesting” not gonna lie
i'm glad the comments did not thisappoint on this one.
you do not wanna bring family matters in public,bro.
as vin diesel once said, "you do not turn your back on family"
what are you doing, step-crypto
what does your family have to say about it?
that's all find and dandy, but one question... when do we get to see the incest?
this went in an entirely different direction than i expected.
you’ll survive. because you got family 😎
you've got to spellcheck my guy lol
her - "step brother, im stuck, how do i go to coinbase?!?" him - "dammit sara, stop texting me nudes captioned with coinbase.com" her - "but stepbrother..." him under his breath - "jesus fuckign christ"
i’ve heard it’s good to incest, but isn’t a lot of the data searchable on the blockchain?
hodl and don’t incest more than you can afford!
motherfucking great advice, bro.
anyone else clicked into this thread because the title was interesting?
good on your for keeping things in the family!
listen to my advice. i incest
op we love you please do not delete this.
you want to talk about crypto? well, if you incest...i mean insist.
pretty sure that’s illegal in almost every state
lol, keep family out your business bro.
alexa play sweet home alabama
due to one spelling mistake op is going to become the accidental moon billionaire
how much of incesting knowlege is needed to become rich?
what is that inside of me step-eth?!?!
hodl, and incest !
what are you doing ~~step~~ brother
when autocorrect outs your porn habit! you're not alone friend
there's no logic in family incesting.
whoa what in the incest in crypto is going on here ???? edit: after actually reading, ya your 100% right i did the same thing and jumped all in, learned an expensive lesson and have been dcaing it ever since. lesson learned, don’t throw it all in at once my dudes.
if you cannot keep it in your pants, keep it in the family.
*calls sister* i know, i know it sounds weird, but if these investments are gonna go to the moon we’re gonna have to— hello? hello?
i just told a friend: man! if i just posted one thread in the cryptocurrency subreddit, and slightly misspelled “investing,“ i would have double the karma points i have now!
if this is karma farming, i'm here for it. nice touch.
step brother… what are you doing?!
investing experience is strong... but not as strong as family
you should change a couple instances of the word “invest“ to “incest,“ so your message will better match the subject line. and although i would not swap out that “investor“ in your last paragraph! :-o
the title is way too funny to take the post seriously
op, the mistakes you make in crypto market or crypto sub are irreparable. there's no turning back. but you seemed to have turned your __*back*__ on your family haha
did someone say incest? more like wincest.
i especially love the flair "strategy"
such an innocest mistake
"in __*incesting*__, what is comfortable is rarely profitable." — robert arnott
i heard incest rates are at an all time low. how do we even cope with a negative incest rate? i guess we'll soon find out.
to incest properly i would advise to make sure family gets involved. afterall, why should not family enjoy the fruits of your labor as well? 😆
step bro help! i am stuck in the vent
came for the incest jokes. not thissapointed
step-bro, i'm stuck on dogecoin!
i came here to learn about crypto, step-brother...
what are some good tips to us that are new to incesting?
what are you doing step-investor
pornhub is furiously taking notes.
what are you doing step brother ? anyways i only buy when it’s at the red , never really dca’d just buy red , been investing since may
i think you may have created a meme. only time will tell.
*sweet home alabama plays softly*
*the sec has entered the chat
what are you doing, step portfolio?
stepsiscoin to the moon!!
your relatives can stay irrational longer than you can stay incested. - warren buffet
i had to re-read that title, and immediately loved what happened
incesting. i am diseased
imagine if this would become the top voted post of the whole sub? this sub will be filled with beastiality references before 100k
so... this was what i've been missing... time to move to alabama i guess.
omg 😂 🤣 😂 thanks for the laugh. i crying i'm laughing so hard... especially the comments. baahahaha 😂 🤣 😂
"incesting" should become the default term for "investing", same as "hodl" is for "hold".
how many times do you have to type out incest for autocorrect to do that? 🤔🤔
this will become the new "hodl", and in 2050 we will read stories about why you "invest" in stocks but "incest" in crypto
step-token what are you doing?
don't incest more than you can afford.
word prediction is based on previous word use. to get a word that is both inappropriate and not grammatically correct, there must be some previous usage in most cases. are you sure you've only been reading about technical analysis, big brother?
oh no my crypto got stuck in the washing machine!
step-fund manager, what are you doing?
it definitely matters, i do not want to tell my brother to buy btc because then he will say i f*cked him again...
it’s a good day to start incesting
he learned this from pornhub
i mean this has to go down in the anals of history, right?
that is hilarious typo
i incested fast, then i incested slow. now i'm fully incested.
at least your on the top and working your to the bottom.
incesting advice by not step sister caught by not mom hard
this post if growing faster than dad's wood, when his daughter comes home from school
doctors recommend daily incesting for best results.
love you, my brother
i fucking died here, thanks bro :)
reddit goes apeshit for anything incest related lol
who thinks this going up??
best title typo in the history of crypto, and it will earn him a lot of moons - well deserved :d
hey bro, you're gonna get to the top...of your sister.
here for the tips
incest?...west virginia has entered the chat.
reddit is now asking me if r
what is your incestment portfolio? 25% sis 25% cousin 50% stepmom?
imagine always being known as the incesting guy
oh... oh no... buddy...
before i began incesting, i read a lot about the meat market. beaver markets, boob markets, anal techniques and mental anals ware all on my list. i incested in my stepmom at a point i thought was good (mistake, i should have done stepdad) and let it all in. i now see my mistake. but more importantly, i see what i have learned from it. if i had put it all in my stepsis... my takeaway from this is that you should definitely progress slowly if you are a new incestor. trust this advice from somebody who did it at the peak performance top. edit: what have i done!
welll…i’m not sure i have what it takes to invest in crypto anymore
isnt this the game the whole family can play?
i did not realize this typo post would do so well here.
next level vin diesel memes strike hard. well i guess we are family *unzips*
bullshit.l if you've done your research then go all in. but the key is to know you're right. once you are sure that you'd be a damn fool not to go all in. this guy obviously did not do his research. probably some hedgie spreading fomo. keep doing your thing boyz
i only came here cause my brain said "what the hell does incest have to do with crypto".
no, i'm not going to experience incest, and i never will.
this is one of the best moon harvesting schemes i’ve seen yet.
i gave you an award for the title of this post. enjoy!
sweet washing machine alabama!
my favorite part is that it is tagged as strategy. idk why but this makes it much funnier.
this post is going straight to the history books.
gotta say, you can claim that this was an incest mistake
brother and sister coin to the moon!
never knew crypto was so popular in alabama
god this is gold
now that i know your opinions on incesting, what are your opinions on investing?
best to keep it in the family, mate
“i now see my mistake” famous last word
the moon farming posts getting more elaborate by the day
this is a ridiculously obvious karma farming situation but 🤷🏻‍♂️ it is kinda funny, congrats op
incest is best , put your sister to the test \- unknown
jamie lannister approves this message! 😉
he dca ed his sister
i think almost every upvote was probably for visibility of the title.
that's a damn shame
so thats the secret huh
oh man i had to read that four times and check what sub i was looking at.
>now i see my mistake do you now?
what have you done indeed. you did it for family. we do anything for family.
stepbrother!?! you're the best incestor ever!!
count me out on incensting hahahaha
don't get fucked by uncle sam, incest in crypto instead.
he made a proofreading post not too long ago it has me dying 🤣
i gave my sister some cummies and then she gave me some babydoge.
what in the god damn alabama fu** is this
the best time to sleep with your sister was 10 years ago. the second best time is today.
step-brother what are you hodling?
if you look very closely, there is a spelling error. hard to notice, but im eagle-eyed.
yeah, they do say that the family you're born into is the biggest lottery in everyone's life.
if you want to incest, take your family to alabama thats where it is the most normal
yooo y'all really hit him with the stepbro flair 😹
came here expecting a story about a relative. 0
make sure to keep your jewels in the family and not to blow it.
hey stepbro? could you maybe…show me how to dca? 🥺
incesting will make you rich.
how do you dca incest? a different family member every month or the same one at different times each month?
this could be the greatest freudian slip ever caught on reddit.
“i now see my mistake.” nah ;-)
only in a few states are such matters legal. the state of k\*\*\*\*\*\*\* allows it.
i don’t even follow this thread but i’m here for the party.
yeah, you might have fucked up here but really you did not. enjoy the moons...
you accidentally made the perfect shitpost. congratulations.
incest is best, it is fun for the whole family
outed by autocorrect aye?
how to invest in alabama 101
for a moment, i thought i accidentally went on the wrong subreddit...
you inadvertently just made yourself a r. i too bought almost the exact top though, we should form a support group.
remember to diversify your incestments...siblings, cousins, etc. also, the earlier you start incesting, the better. starting as a child or teenager will make you a much more experienced incestor by the time you are older.
that autocorrect just indicates what op might usually search for...
proof-reading is a handy technique.
i'm all about that invest porn tho
holy cow, you have opened pandora’s box, that’s what you have done.
keep it in the family
i was about to comment "wrong sub dude!!!!" i love the accidental humor.
this is going to be in r. op, you're part of this network's history now. congratulations!
incest and hodl, we are really making our own terms for our market
enjoy your moons op
how much all these awards would have cost?
the question is, if buying oneself internet tokens of questionable value can be called incesting at all.
the fact that the flair is strategy is killing me😂
we know what someone's autocorrect goes right to 😏
op: <type> <type> <type> <type> <type> [autocorrect: “decopper, i think you mean investing”] op: i know what i typed.
people always reference alabama but bradford england has far more incest
thank you for the fatherly advice ❤️
i did not read one word of op's post and went straight the comments lol.
what are you doing s̶t̶e̶p̶bro
fiduciary devices = family delights
all the incest experts tell me i should incest a little bit, whenever i can. never incest all at once. also, diversify. incest in everything.
always dyor before incesting
let me ask my brother wife for advice
this hit too close to home
what are you doing, stepbrother?
risky but with whisky ... !
so skipping "what are you doing step-bro?!" and going to "what are you doing *bro?!"* 😂😂😂😂
op asked the right question though because this the best strategy to keep wealth within the family.
you have reached your max karma just in one day
not something you normally want to admit...
i came for the title, i am thisappointed
talk about an autocorrect! 😂
a typo got you more awards than i’ve ever seen lol this has to be the way
the lannisters were always good with money
me done good inglish
did george michael bluth post this?
wow, how just one letter can make a difference
actually, i’m staying away from any and all incesting experience. always good to hear another opinion though, i guess
someone is facing deportation back to west virginia!
this reminds me of the law against reverse cowgirl in alabama because you never turn your back on family!
this needs to be on the front page. lol
some rando dude on reddit wants us to trust his advice. ok then, i play along. my advice to you: first, proofread before you post. second, dca is not always the best strategy. a little research should tell you why. third, anecdotal evidence has very little value. something that worked for you might not for somebody else. anyway, why should you care? you already got your moons or whatever. reposting the same crap for points is the norm these days.
> help me, stepbro, i'm stuck in robinhood!
as vin diesel said, nothing is stronger than family
west virginia comes to mind
there's a vin diesel joke in here somewhere but i cannot find it.
why r the title and post not matching
*<colonel bogey air horn>* sup y’all?
🎶 have you ever been experienced 🎶
so did you dca with your sister... or your mum? your going to have to clear this up for us all!
how much have you invested so far, step brother?
french kissing? my daddy says i'm the best.
shut up and take my money.
dire straights - brothers (and sisters) in arms?
i know crypto can be stressful so you do what you have to do
stake cake, “free” dca
it’s all about perspective. you could’ve been kicking yourself if you started dollar cost averaging last year and you looked at all the money you could’ve made if you had just dumped it all in. dollar cost average is the right play because it’s the safest one. it protects you against being wrong in your timing and losing most of it, but also prevents you from maximizing your gains. it’s a two way street.
they’re called kissing cousins for a reason
some incesting advice: watch out for bull traps like getting stuck in the dryer. this could lead to you getting boned.
im just here for the "incest"
my sister been looking fly recently, any advice you can offer?
i’ve been dca’ing for a while now and thanks to that i’m down to a small loss after getting into the ath :). experience definitely matters 🥲
what are you doing stepbro
it's important for us to see our mistakes.
aaaaaaand this title goes to the moon 🌝 🚀
why would your auto correct jump right to incest bro? the fuck you be searching for?
i thought i misread the sub name. it was only later that i realised you were being a bit stupid
that’s a pretty damning typo
please turn your c horizontal
hey step bro what are you doing 👀!
does no one even glance at the shit they type before they hit post?
sir, this is a wendy’s.
that's not a good typo...
am i late to the incest party?
this has to be one of the best comment sections in this sub
sorry i cannot help op, i have no experience nor do i intend on gaining any in incesting.
crypto in the attic
what are you doing on those charts step-coin
yes my sister let me "help her out of the washing machine" for 0.1 eth
careful, shes got bsv
what are you doing step investor??
can someone just incesting in peace
finally, someone is asking the real questions
came here for advice as well as the shitposting and i gotta say, i'm not thisappointed. let the moons flow through you.
it's all about family - dom
how did you auto speller choose incest over invest? what have you been searching for?
yeah you need a few family members on that resume before anyone takes you seriously.
i agree, the more experience you have in incesting, the better you becume!
now this is smth i could relate to.
bro i think you are in the wrong sub
this the latest pornhub trend? crypto step sister showing you how you make hot gains whilst using filthy fiat? be careful getting topped.
step bro what are you doing
funniest shit i have seen in this sub and is not even intentional
this might be another hodl
country roadssssss take me home.
wait wait wait i didn’t know i needed that kind of experience before getting involved in crypto??
this post is bullish
i'm stuck, in a bear market step-bro...
hahahahahahah on no... i only opened this because i thought it was going to be a tifu incest crypto thing lol
you done fucked up boyo
paddle faster, i hear banjos.
incest you say? them texans might be coming round
your autocorrect did this...
lol. this is great.
never get your family to incest
welp this explains why all the inbred shit coins performed so well.
op, your edit is hilarious
can someone tell me the best coin to incest in?
the comments in here are top notch, well done lads
*trust this advice* lmaooooo
stepbrother! what have you done?
saw the typo, immediately patted myself on the back for having a great laugh at all the comments lmao
i have seen a lot of reddit typos but i had to read this one a couple of times. i'm kind of new to crypto, so i did not know if this was some defi term i was unaware of our something? then it hit me and i was like "oh no! i wonder if he knows?" click, scroll, op:"what have i done" 🤣🤣🤣
experience is definitely needed in order to identify the appropriate incestment
i’m just waiting for a solid reply with some advice...🤷‍♂️
i thought i had followed a different sub for a second there.
trust you do not wanna hear my experience in incesting matter
this post is going to moon really hard like your favorite shitcoin
always dca when you are new at incesting
so from this i should go long on
investing is important. first i would recommend dca'ing into a gopro to film your incest. once you place these videos on the internet, you will have a much bigger sack of seed money. from there you can yolo, fomo, or dca into any crypto you choose. your videos may help stake you some cumrocket. the comments did not thisappoint.
you really have to wonder what people search for that autocomplete has been taught to choose incest over invest.
incest for your family’s future
what have you been googling that your phone didn’t autocorrect…
i started incesting at the top and then got out at the bottom, am i doing it right?
incest is best if you put your brother to the test.
this whole thread is amazing 😂😂😂
i do not think i've laughed harder at any thread on this sub
incesting is a fun game for the entire family. investing, however, requires very careful thought and planning.
it’s the game the whole family can play?
the real question is... why did your keyboard automatically correct to that...?? 🤔
i saw the heading and i was like what's this article doing in r😏
and spelling too apparently...
too much porn hub bro lol
for those of you that have not setup a vault, you can do so by browsing [to this page here]( and following the instructions - please use new reddit otherwise it will take you to elsewhere. to setup a vault you need the official reddit mobile application: [android]( here and [ios]( here. why should i setup a vault, you may ask. because once you have done so, you can start claiming moons. for more information on what moons are, [please refer to this thread]( or [this video.](
this post is the future of pornhub accepts bitcoin as payment 😆
what a clickbait title
if that’s what you’re into, that’s on you, brother.
holy fuck op 🤣
when i first invested, the market was in bear trend. everyone was talking about . i was so scared to put my money on bitcoin. dca is great tool especially in bear market and sideway market. but the fact is, whoever can survive in bear market and make a great investment, are truly a match winner at the next bull cycle.
a lot of people buy at the top but please, incest is not the answer
what’s a good monthly dca?
now it makes sense why i'm always in the red. let me give my mum a quick call...
funny thing is that cryptocurrency is basically built on financial incest. inbreeding is the way.
same lesson learnt here on hard way. now averaging time. 5 years for now laughing on how idiot i was then and also being lucky for being idiot.
nah. invested a lot around deceber and just holding. not even bothered about the price at this point.
all that time i spent in oklahoma and my uncle never gave me a bitcoin...
auto-correct did not even balk.
but i do not want to fuck my sister :(
rule : never incest more than you’re willing to lose, never!
sure is, if your crypto ever gets stuck in the washing machine it is time to take advantage!
well that’s one way to get people to click on your post
now you see your mistake?
dca' and hodl has been proved to be the best investment strategy so far. ps, not a financial advice
the double take on this was insane 😂
so i guess depositing crypto coins inside your sister’s purse is a thing now?
this man gonna get to 15k based off this post. cue all the rest of the farmers purposely making mistakes with their titles.
party train choo choo
good incestments you're proud of?
why autocorrect to incest? i actually typed incest in and it auto to invest? found ops kink!
thought he created some token which em involves incesting.
paddle faster duh nuh neee nol neee nol neee nol neeeee
if your partner does not know, incest and hodl
pornhub has all the information you need.
***knock knock*** fbi: the fbi would like to have a word with you op: i live in alabama fbi: your are all good then
you'll want to be at the bottom when you start incesting.
that...is a very unfortunate title.
well you know what they say about incesting, do not tell your other relatives and friends you're incesting and if you do never tell how much you've incested.
brb gotta unstuck my stepsis from the washing machine
incesting should never be a lesson learned...js
low key the most well thought moon farming typo post ever made. hats off to you
blast those step sisses. ![gif](giphy8hledidvzrqac)
"i incested in my mom, i thought it was good. now i realize my mistake..."
>i now see my mistake. ' >edit: what have i done so much regret in one post for different reasons.
i was totally catfished by this post title 😂
trick question: fbi i know nothing of this!
too many people stuck in major appliances?
my parents taught me incesting when i was young. i’ve been doing it for a very long time. i hope to one day teach my family all about incesting so we can really grow together.
thanks to moons this dude literally just got paid for his typo
this might be the greatest typo ive ever seen in the wild
well that took a deep turn
rip op. honestly even the arrangement and choice of the other words in the title make the typo too perfect. dca is definitely the way to go tho.
you've created a monster!
i dunno op...do you now see your mistake?
saw the title, stayed for the cumments
hodl! but do not hodl your cousins!
this was clearly karma bait and ya´ll took it
usually commingling the same assets is ok, but not when you’re incesting. you should diversify your gene pool by exploring foreign markets.
i mean it is wincest after all
one mistake and it will haunt you forever.
now that is top tier comedy
dca means daughters, cousins, and aunts, right?
i agree with you there *brother*
what is dca? newbie here
sorry but i see it all the time and do not know what it means... what does dca mean? thanks guys
this is one way to moon farm
that title... "what are you doing, step-crypto?"
so if i incest ill actually make money?
i'm just here for the replies. this is hilarious. internet history. i'm going to tell my future grandkids about this. what a legend.
im incesting in my sweet coins and i'm hodling on to them with my rock solid hard hands.
hmm came for the title stayed by the comments 😂
what are you doing, ?!
w-what are you doing step-coin? *blushes*
will do my best.
you can tell an experienced incester as they don’t pull out, they just keep pumping it up.
gonna start asking people for their incesting portfolios
before incesting always remember to doyr (do your own relative)
never tell anyone, that you are incesting.
well if you incest
this mistake is probably the golden goose is mistakes... thank you for your sacrifice.
when you have to invest in crypto at 10 but sleep with your sister at 10:30
people looking for incest are feeling cheated right now lol
sir this is a wendy's.
my uncle would probably agree with you there
yes, do not let people rush or manipulate you into panic buying at the same price because that is what makes people forget buying dips.
best typo i've seen in a long time. 🤣
that typo got you a lot of moons right there xd
generational incesting is key!
imma fix it: "before i began incesting, i read a lot about the moves. bear moves, bull moves, technical anal sis and fun, mental, anal sis were all on my d'ing list. i incested my moms. at a point i thought was good (mrs take, i should d) and let it sit. i now see my mrs. take. but more importantly, i see why i learned from her. if i had put a smaller d, i would have learned the exact same lesson, but still had mom to put in moves sideways. my takeaway from this is that you should definitely d slowly if you're a first year incestor. trust this advice from somebody who's brother is a top. edit: what have i done"
totally expected a different post from this title...😒😒😕
that typo is not accidental
damn auto correct. looks like you use "incest" way too much.
dca wins, always and forever. i am also exploring ways to make my crypto work for me, through some staking.
but if you incest on knowing my bliss, i'll tell you this, if you want to know what the reason is, i only smile when i lie, then i'll tell you why (because your kiss) your kiss is on my list
just gonna ignore the typo lol. what i find kind of strange is that almost all of the time i will see people tout that dca is the way in this subreddit. even though i'm pretty sure that most research done on the subject shows that lump summing is actually more profitable. now that research is targeted towards the stock market i believe, so you could say that because crypto is more volatile those studies really do not mean much. does anyone know of any studies that look at this in regards to crypto? imo lump summing into a project you have done research on and believe will grow in value is perfectly fine. you might as well combine the two and lump sum into a project and just buy more when the coin is at a lower price to lower your average cost. that's what i've done at least.
oh my god it’s incesting not investing.
> before i began investing, i read a lot about the market. bear markets, bull markets, technical analysis and fundamental analysis were all on my reading list. doing this in general is just a great way to get into crypto and really anything. you can kinda jump into other stuff like art or music or basketball with minimal risk. but when it is finances and like real world money you could use for something else or throw in an emergency funds account rather than *blowing it on this shit*... probably do some looking into the *this shit* first before aping in. imo at least.
hodl ~ 2013. incest ~ 2021.
you know what they say, slowly incest to grow wealth.
makes typo on purpose to get moons?
didn’t even read the post. just scrolled straight to the comments for the roasts 🤣
oh no what have you done!
insert vin diesel family meme
you need to ask that infamous redditor that broke his arm and got his mom to give him a hand...
still not sure how having sex with your family is going to help?
help step brother im stuck in these meme coins!
you're parents really should have been teaching you all about this from a young age.
you had me at "incesting".
so what you're saying is, the moon is a lot like alabama?
it took me a while to figure out what the op was trying to say with that title. definitely need to spell-check what you write before submitting.
was this actually a typo? we will never know...
your title got me in the door. your content let me down.
question, was it a typo: incesting? did you mean investing
this post is how i've been w small cap crypto: i know i should not get my hopes up, i do, then i waste w bunch of time on it only to find it had nothing to do with the title.
incest to the moon
too early for this…. also, thank you for your testimonial on dca. never hurts to have another person share their experience and knowledge on it.
i thought you had a secret to share
is it wrong that i read it and was actually expecting some incesting comparison to crypto? like eth was btc's brother, but then ada came and decided to fuck them both... or something like this?
so when op says dca, does that mean dildo cock average?
incest is best to maximize profits.
this is incesting advice! for the first time ever i think crypto *should* have regulations before a bunch of you start producing inbred choldren.
that edit had me gasping, sweet baby jesus.
oh the difference a single letter makes lol
i've got some experience in incesting
when it comes to my sister i usually like to go all in at once but that is just me
i love the "what have i done" edit
auto-correct is claiming another victim:)
in 10 years, if you're willing to wait that long, your entry point will seem relatively meaningless. hodl :) but your advice is on point, and it is true for almost any asset, not just crypto. unless you really know your stuff, dca. even if you really know your stuff, you probably should still dca.
why do i need to have experience in incesting before investing in crypto? why do i need it before i am dca into coins.
yeah but most of us really learn from actually making mistakes not listening to advice i think. dca takes thiscipline. most of us at first fomo big time before realizing the mistake. also its highly likely that we will do it again until we grasp a way to handle our emotions when it comes to investing.
um that is illegal
my sister and i are pretty good at incesting
welcome to the family!
read the title and was like "hmmm", then i read a couple of comment and realized what happened haha
it's not your brother, it is your altperson.
step bro what are you doin
one of us is doing crypto really, really wrong...
i too should’ve just dabbled in incest before going all in. huge mistake
don't worry. sometimes it takes a mistake to learn. however, you are in it for the long haul and the most important part is that you hodl though the volatilitytitties.
i find experience matters mostly when you get to 2nd cousins
::mississippi has entered the chat::
u, horrible, no good, very fucking funny typo
lmao at the title. but your actual post is very accurate. i started investing in january. i ran out of fiat around the end of february. then prices crashed and i was very glad i had not kept buying. prices never dropped below where i bought, and i sold some assets a few weeks ago in order to buy more. currently have more in my fiat "crypto fund" than i have in actual crypto, but i'm still buying slowly. if we crash again i'll be able to buy plenty.
why go across the street when you can go across the hall
i waste no time reading any type of analysis because is a waste of time. the market is ruled by whales and they buy and dump whenever they feel like it! not a financial advice
what are you doing step-crypto?
the comments is such an incestpool.
if this was planned it’s amazing. if this was not planned it’s amazing. either way, thank you for this hahahaha made my day.
yes yes i am a very experienced incestor, so i stand to make a lot of money!
predictive text is a bitch ain’t it!?
i am in crypto since 2014 and i still follow dca. it does not have anything to do with being new or experienced in this market, it is a great investing strategy.
what are you looking at to have auto correct to incest? mine does the opposite
you're in the wrong subreddit for this kind of advice.
the fuck is dca
incesting is good cause there’s a healthy blend of side to side movement and there’s some ups and downs.
like all investments, you never go all in and you never make the whole investment in one go. as for what you have done… well… you taught yourself a good lesson, that’s all.
i mean if you incest on talking about it, i guess i’ll listen.
are you sure about that ? :\^)
i thought this was r
first rule is, never invest in shitcoins. second rule is, never take the money out, it’s long term.
haha op made a typo
lol op you just made this typo up c and v cant be that clos- wait.
seems like family friendly advice
the title was all i needed
reminds me of my last trip to skegness, every other person there had one eyeball half an inch higher than the other. it was like being at a goonies convention ![gif](giphycioho5544doy)
>incesting dca is strong...but not as strong as family. (also, your flair is not helping lol)
“what are you doing step investor”
you sure got a purty mouth.
what was that about stepcoins?
high level moon farming strategy. big props
did you try staring at the price for hours on end? that might work.
we know you did it on purpose lol
the edit got me 😂
this board needed this more than op needed his step sister. always good to lighten the mood.
what are you stacking step bro?
don't do it, i incest
this is what i did when i first started, and i was too nervous so i'd sell every day or so when i had a little profit. super regret it, because i bought a full bitcoin back when it was a little over 5,000. i could have made sixty thousand dollars. oh well you live and learn, i still ended up with 90% roi in my first year of investing in stocks. i only clicked this because you were talking about incest and i was real confused.
oh boy. this is fucking classic.
thought this post was going in a different direction. otherwise a great take though!
we will never know if the title was a mistake or a very clever moon farm. and i’m ok with that, and that is why i actually kind of like the moon dynamics of this sub.
what are you doing step trader?
you say that because you started at a terrible time when prices peaked and dca would have worked better because prices were going to drop. had you started 10 months ago, buying as much as humanly possible as fast as possible would have been by far the better strategy. so i think the real lesson is that specific anecdotal examples should not be applied generally to the entire population.
i mean if the title of this post was not mistyped it wouldn’t have got this much attention, and btw besides the good laugh at the title, the post itself is good information too
you deserve all the upvotes you got lol!
experience in *what*, step-bro?
yeah this is the way. dca:ing usually covers your butt, and swings in the market does not feel that bad.
lmao what a title
huh… interesting title. hopefully those incesting matters work out for you!
of all the typos this one is the most about doing it with your sister.
dom, is that you?
dear god. my eyes
found the new “hodl”. soon everyone who’s anyone will talk about all their incesting that got them rich. move over stonks
expect a chris hansen visit. he seems to like wine coolers, so bring some.
learned this exact same lesson. a hard one. but i couldn’t understand it until i went through it.
i'm confused though. when does sis come into the story and you tell her your strategy?
lmao op you made my evening dude 😂😂😂😂. i owe you one 😂😂😂. bless you
"incesting matters" ? disgusting. dude, you need some help. you really need help. disgusting.
ah, a fellow man of culture
what are you doing step-investment-advisor?
you just almost doubled your moons portfolio, sister fucker. congratulations. 🎉
i dont believe for 1 second that you did not do this on purpose. and even so, i recognize how good this joke is! good one mate
never heard of dca family members. been doing it all wrong apparently.
invest in your brothers and sisters.
ditto. sharing that with new new investors now. i think the bear bull might be a bit tighter this time.
nothing is stronger than family
that title made me very confused luckily the post cleared things up.
i swear to god if this is another fast and furious promotion
*no better lovin' than your cousin* as they say in the south
funny, i posted “experience in investing matters” as a typo in r, and hilarious comments ensued.
we really should be able to edit titles to a certain extent...
bro, i fr thought this was about something else
singlehandedly coined the new verb, incesting. fucking legend. 🙌
i started investing back in nov. i went in with a few grand, and i just lucked out with my timing i guess, cuz even with the market down, i'm still over 100% up. if i had started in feb, i would be saying much different things right now.
i’d put money on this being an advertisement for fast and furious
read the title...immediately hopped onto read the comments :d
i got something stuck in the washing machine can you get it for me
buy anything in the ethereum family
ok, now these dom toretto menes have gone too far.
i can provide no assistance with incesting.
buying the moon... for family.
dca is a great way to keep your sanity in-tacked in this market.
the only way this family tree branches is if they had a sheep.
he must be a regular user of incestry.com
much like the climate statement, "my warmest summers will be their coolest," "my ath will be their bottoms."
plot twist: he planned it to farm moons
the classic freudian slip... there are no accidents
i like to keep crypto within the family.
it would be cool if they created a shitcoin based on this post
step crypto, what are you doing.
help me cryptbro im stuck!
wonder why your text corrected to this…
my brother works at an incestment bank, when i called him the other day he said they would frozen all my deposits long term. they'll only unfreeze when i donate some to a relative smh.
hahaha this is great
whoa whoa whoa... nsfw step bro.
i mean once you know you're related the rest is on you
on your first time incesting, always dca. dip your toes in first, then go big once you’re ready. great advice, typo or not :d
damn, good advice for the dirty south.
i don’t got friends. i got family.
looks like autocorrect just revealed your favourite genre
the more you blow
for a second i stopped when my phone asked me if r
freaking searched the word only to realize it was a typo
you have a dc-a one day
lmfao this is amazing
quick everyone now is your chance to shill your porn shitcoins and nft!!!
the title sounds familiar... have you posted this somewhere else?
gotta keep it in the charts...yet
game of thrones really made this incest thing popular...
first rule of *incesting* do your own research, do not trust others.
well you can move your crypto in defi and make few bucks in the mean time.
i see you've been seen a lot of fast and furious lately.
auto correct just made you many moons. enjoy.
step bro wat is you doing
oh no! i’m stuck under a table, can you help me get my crypto wallet?
i just gotta say, given the title, i am severely thisappointed in the content of this post.
your freudian slip is showing
is incesting the new hodl!?
i love that no one read your post, i know i haven’t 😂 … brother
finally, a quality post
i am laughing like crazy ... this is gold.
why go down the street when you can go down the hall.
i'm sitting here, mouth agape, wondering what the fuck the title even fucking means. then i saw the body of text and the sub name. "ahh, that is just unfortunate for you, op."
i love the fact that the only reason this post is here is due to a spelling mistakes.
i started out doing a little at a time, because i'm an inherently fearful tightass who is stepping really far out of my comfort zone investing in crypto at all. however, i'm also slightly nuts, and love science fiction. the evolution of all of our systems is fascinating. my illogical conclusion: do eet. we're all probably doomed anyway on this spinning rock. why not? :-p
if incest is best put your family to the test
i'm sure we'll see this post in some subreddits in the upcoming weeks. i hope incesting gets you and your family into the luxury life!
sorry about the title brother.
hi r! this is the best incesting sub of reddit! you are all welcome!!!
aside from your pretty hilarious typo, please tell me you have not overlooked what investors have known to be the most important element of investing since it was a thing: diversification. please tell me you did not put all your money into one crypto?
everyone here is so immature for likeing this and i love it! have a good day frens! it’s sunday so enjoy it with those who matter to you; the markets not going anywhere and will still be there monday. have a good one!
i have a feeling this is done on purpose on reddit in general for karma farming, but here it’s moon farming. nevertheless, hilarious typo
im not of any help because i do not have any experience with this. upvote just for the title.
lmao the mind of reddit thanks to all that posted you had me laughing so hard i was crying.
vin diesel "fah muh ly"
this post should be nsfw! my prayer goes out to all those who browse reddit at work.
what are you doing step-coin?
i'm gonna need pics
i do not think that means what you think it means
i see the mistake here. you meant "ingesting" right?
i read the title a few times, even wondered if i was pronouncing it incorrectly. good game.
the borgia family was very experienced in these matters, look them up
thanks for the laugh :d my tip: sell after making a profit and dont hold on too long but some things, however, you diamond-hand.
as my father always said... if you cannot keep it in your pants, keep it in the family. rip, pop.
family stonks. dick cost averaging.
stuck in the thishwasher again, stepbro
holy freudian slip batman!
all well and good, but i came here to talk about your incest problem.
i guess i really need to incestigate more on this, it sounds important.
i love everything about this
i'm an only child. does this mean that i'm destined to be broke?
incest is the new hodl
never lose the incest... that is important
if you cannot keep it in your wallet, keep it in the family.
man, we were sick of “lambo dildo rambo crab wen moon heheheh” patterns to moon farm and now you brought us another trouble: invest. oh no…🤦🏼‍♂️
this is an epic grammatical fail. but yeah, try to keep it in the family
remember, safety first when incesting.
these are the quality post we need here 😂
at 4700 moons, this post generated what... £188?
you know what they say, it’s not the timing of your cousin, it’s the time in your cousin.
alright, let us do this step sister-cousin!
step bro what are you doing with those coins?
'i now see my mistake' shagging your dad?
step-broker what are you doin??
rip inbox with alabama memes and the hit lynyrd skynyrd classic.
this is gold. good job op.
read the title and thought...when did i get into this stuff?
attention to detail matters ;)
what are you doing, step-crypto?
that’s a tough lesson to learn. but had you dca’d you might not have learned such a lesson. i think everyone’s journey is similar but necessary to take.
my crypto got stuck in the washing machine...
this is an incredible experience
congrats, your typo made it to r
op in their post indicates they are on top.
the summary didn’t live up to the title 😂
hey step sis, how did you get stuck?
it's important to get familiar with the tax laws regarding crypto in your home state of alabama.
>edit: what have i done more like *who* have you done?
how much are you down?
absolutely. without experience, i wouldn't have met my cousin-sister-wife
the edit is a thing of beauty, op. never change :)
everything is possible with family
i was expecting dom going to be in here to be honest.
ask one of the lanisters…
a great way to get some moons. still funny none the less but clearly intentional, the post has very little substance so it is obvious the title was meant to gather the upvotes
quite a lot moons you have earned
omg did someone change op's flair or is that just a beautiful coincidence?
please stop fucking your family members thanks
if you cannot keep it in your pants, keep it in the family homie.
i seriously thought this was going to be good advice and simply say not to give investment to family.
you cannot have success without incesting something. preach!
damn, i already gave my incest award away today. next time buddy
this is the 3rd "awkward typo" i've seen in as many days. i'm working on my own, but it needs to be the best one
“i now see my mistake”
do you have a boner step broker?
honest typo or op has some kinky shit running through his brain as he was typing? who knows.
i'll show you some advice dammit!
"oh no, brother, i'm stuck in the bitcoin, can you help me get out..."
being as this is reddit and all i honestly did not even think this was a typo until i saw the subreddit it was in. and even then i was not 100% sure
if you hold for 3 years you will more than likely be in the green. don't sweat it.
omg this is priceless lol even got flaired for it too
keep the genes in the family.
has op not noticed the title lmfao
what are you investing stepbro??
i know this might be a little dumb but what is dca?
i never understand why redditors don’t proof their posts. especially, the title.
i was confused when i saw r
when btc was 1 cents each and became 10 cents which was 1000%... nobody cares if they bought it at 1 cent or 5 cents or 10 cents...they all bought at the peak, but one day you will be at the top.
now this kid knows more lol
hmm. gotta say, you thought this was gonna be about a completely different topic when i got the notification
this dude just made hundreds of dollars from an incest typo
i'm convinced every post to this sub-reddit is moon farming. that's it.
step bro! i'm stuck! i do not know which crypto to buy!
dca is just half of the equation 😉. not a financial advice.
probably the highest awarded topic here.
in the words of vin diesel in fast and the furious, “it’s all about family” (i guess. i haven’t really seen ff)
because of those stuff i pay the internet bill.
i always ape into my different incesting projects.
send this to r
i'd guess in the next cycle, the next all time low will be higher than this cycle's all time high. ergo, it is always the best time to buy when you go long term
best thread title i've seen a while
i was like wtf is incesting that i hadnt heard of till now. now i get it. hell yeah bro!
i can see the cnbc headline tomorrow am... "reddit apes are now in breeding"
new moon meta, title misspellings
never incest more than you’re willing to lose.
that title really threw me off lol
when the comments are substantially more incesteri...sorry, interesting, than the op
i did a early incestment. glad its working out.
how experienced are you, op?
from my limited experience, one thing i have learned is that no matter how much you study or research before trading, you're not going to learn the proper implementation until you practice with real trading. so, always start with small amounts and spend time in market.
came here for the incest jokes and wasnt thisappointed
you can pick your friends and you can pick your nose... but you can’t pick your family and wether or not they’re hot.
boy this topic was surprising to find on my homepage
finally, something we can all thiscuss.
i firmly belive in incesting for generational wealth...
i believe this is what is referred to here as "the bank of mum and dad".
u’re into and it’s not investing 🤦‍♂️🤣
>edit: what have i done more than you can ever know
this made my day reading all the comments is hilarious
gotta work on your financial pornfolios
i propose that this is what we call putting the dividends back into the stock.
jesus christ these fucking terms. why is there a need for everything in investment to have such fuck off names?
it's weird your keyboard auto corrected to that.
i was there when "hodl" was born and now i'm here for this. what a life this is! <3
how do you guys fall for this blatant "mistake"? it was fucking done on purpose.
these comments are why i love reddit!
help me stepbrother i'm stuck in the red zone
never go into business with family.
like cerci and co?
sweet home, alabama! duh bunnabadoh! dca when you’re new! duna duna duna.
this is the truth. always dca. that way a dip will always just be a great sale for you to grab some more of whatever you're incesting in!
incesting matters, my favorite school subject.
i honestly wouldn't advise it
is alabama now the crypto capital?
i read the title and checked the sub like 15 times
had to double take the title
it's true; dca and incest have a lot in common, as this implies you're focusing very intensely on one particular asset you simply cannot get enough of.
i feel you man
and you wonder why you have three arms. for shame!
i’ve been incesting my whole life!
this has a very familial feel to it... *familiar. i meant familiar...
the best time to plant your seed was 10 years ago. the second best time is now, start incesting!
incesting huh ??? you sir are really pushing the community guidelines.
how much incesting is necessary to retire early?
hahahaha the title and subsequent comments have me dying
best post’ve personally lived to see
the moment when autocorrect gives you away! 😂
but whats the next step, brother?
i was wondering why this post had so much karma until i realized it was a fucking family matter
💎🍆dave wants to know if incesting is safe in a pool with your brothers and sisters ?? or should one incest with other thistant incestors ?? there should definitely be a rulebook, at least for the first few generations, then it is like instinct. anyways... which one of you fuggerz stole my lighter ???
ah, the daily advice of a genius that bought at the top
oh no, what are you doing with the dip stepbro?
don't think ill be dyor on this.
i really enjoy bear markets because it allows me to go down on sis.
err, cash is a put on the entire market. due to the flexibility it loses value. if you have cash designated for a specific investment. such as you wish to buy crypto or an index fund. if you have a chunk of cash that is sizeable (however you determine that to be is valid). look into options. sell puts which obligate you to buy the asset at a lower price while giving you a % return. this locks the money into that asset and generates a sizeable return while you wait. l
i think this may become a new meme in this subreddit. kudos to you u
please make this a to post it is way too funny
um... well, the title lied...
you did this on purpose
probably just a freudian slip, nothing to worry about.
this is what everyone says who entered before the market went sideways. you'll not hear these words from people who put in right before it pumped really really hard
this 1 typo destroyed a post forever.
lmao at your title
holy fuck alabamacoin has entered the chat & family
man i really wish i had something funny to say here. my only question is how the fuck autocorrect did not save you there, this has to be on purpose.
i have no such experience
i'm very inexperienced in this sort of thing. good thing there are people here who can share their experience. we will all benefit from it.
keep it in the family.
thanks for the tip, step-bro
i think this might have gotten more popular than some of the incesting resources on some other kinds of websites.
what are you doing step-broker
don’t incest all at once. save some for when things are sideways.
that's normal in alabama.
this 0 dollar investment will make you moon rich lol
crypto trading is strong. but not as strong as family <3
"help step brother i'm stuck in the washing machine 😉😘"
best post i've seen on this subreddit 10
looking for the vin diesel family tie in...
for some reason i do not think his questions will be answered
at this point, the post does not matter a single bit anymore 😂
the ole alabama dip stick
what have you done op 🤣
one step(bro) at a time
op, are you from alabama?
you are now reddit immortal, but at what cost
the closer the kin the deeper in.
i read the top title 8 times to make sure i was comprehending correctly before i read the rest and understood. i thought i was having a stroke
i was here :)
maybe i am an incestor
this title is perfect.
+1 für the title
😂😂😂😂😂 take my award, i incest
"i now see my mistake. but more importantly, i see why i learned from it." you sure did lol
the fact that this has 9k upvotes means we are standing in front of a tsunami of people making intentional typos in order to cash in ...
holy shit op lmao
i always thought alabama was a bad investment compared to other types of investments.
gains for all the family...
when i first started incesting, i expected it to always go up.
this makes me bullish.
looks like you did not see your mistake...
you have my attention .
part of crypto history now.
yo put me in the screenshot too
that experience does matter. that’s why i have it.
yes my mother always said the same
this entire thread is gold
tell me the truth op, was it a honest mistake? i incest.
i have so much experience with incest, just lmk 😉
so is doge like bitcoins sister. go joe dirt
the key to proper investing is to dca. don’t blow your whole wad in one shot
if only his finger didnt slip
i gotta bang my sister?
mmm incesting. wait, what?
could’ve did dollar cost averaging with the spy to start. 3 expiry days a week, 4 if it’s a quad witching week and the quarter ends on tuesday or a thursday. can hedge with in. dynamic hedging and dca. to do dca means you still should add to your loser positions. i’ll buy bitcoin under 20k. remember just cause your a failure right now doesn’t mean it can’t be corrected. as long as you smooth out the curve by dca-ing, henceforth, till you die. good luck. 90% of all traders fail. don’t be a trader be an investor. don’t think about today, tomorrow or next year. think at least 30 years down the line. be even keeled
congrats on your incest.
looks lime i am late better late than lemon.
wow who incest who around here
i’m not sure if blockchain can solve incest but you may as well try
i thought cryptos mates were good people ! edit that title asap, i incest !
how does this post get so many awards?
well then. i'll ignore that experience, if it is all the same with you?
ah a destiny fan i see.
lesson learned. if your crypto is in the red just get enough moons to make it green.
oh man, this really is not financial advice
i love that moons motivate people to live with the eternal shame:)
good lawd what have you done.
he now sees his mistake.
1 thousand upvotes just vanished infront of my eyes... poof, gone.
lol this will go viral quickly...
trust this advice from someone who cannot spell
*opens trading app* step brother, i need help buying stonks, please use your diamond hands!
the typo made the thread, wear it like a badge of honour op.
this was a hornest mistake
remember to incest wisely kids!
this guy is experienced!
this is a fucking goldmine. so the title error was that a autocorrect error or a mistype?
that title is gonna freak people out if they don’t understand crypto.
omg stepbrother!! my stonks are down!!
is incest the new hodl ?
one time i was laundering some investment money and i got my top half stuck in the washing machine...
man, i came here for crytpocurrency when i first visited this subreddit, but this thread and the ledger up the ass thread a couple of weeks ago is some of funniest shit i've seen on reddit
incest is the best put your sister to the test
bruh i had to check the sub i was in when i read that title. thought i was in r, or fucking r.
when dom enters the world of crypto and starts incesting, cause family.
ah, a fellow xvideos connoisseur
so you’re saying buy safemoon now while the price is down? to buy just a few days before the wallet release drives the price up? buy that safemoon?? i hear you mr experience!! i think i’ll buy now! appreciate your expertise!!
my first thought was omg what subreddit is this
for a moment i thought this said experience in incest. i've never been more releaved.
your experience is amazing!
oh step-ladder, you always make me laugh *giggles*
what are you doing, step-broker?
even after reading ops post, i still dont get it, i’m stuck. maybe i should ask my step brother what he thinks.
stepson, i'm stock in the coinbase app! what are you doing?
wow i keep seeing this thread since it was posted on my frontpage and refused to open it because i did not get it but now i finally opened it and realize it is a typo lmao. i genuinely thought i was just stupid and did not know what incest meant in this context... investing makes so much more sense... i'm so dumb
delete this dummy lol
time in your sister beats timing your sister
always invest in family and other problems with c and v proximity.
step-token, i'm stuck trading sideways, what are you doing back there?
are you the same guy that wanted to go through tsa with a ledger up your poop chute?
you were pretty cash heavy before you entered the market. are you making that mistake again or are you being diligent about adding to your investment accounts with every pay check?
please stop experimenting with incesting. thank you.
3…2…1… and now we have safeincest coin
always incest with caution
i only get 1 free award per day and this is where i wanna spend it.
op was it wincest? interested parties would like to know.
i'm sure op is incesting that this mistake was made in earnest.
sadge baited by the title we all expecting the story about the title not about investing
when your crypto is stuck in a sideways ~~washing machine~~ market.
with all due respect i highly recommend grammarly
incest is best. put your crypto to the test?
lmfao i fucking ran here to see what tf this thread was talking about... i cant even post a comment here without it getting auto modded and this mf literally is here talking about incest(he wasnt but cmonnnn)🤣
thank goodness for this mistake... im gonna be reading comments for the next 15 mins🤣🤣
the edit had me laughin
you might want to proofread before posting
pomp is going to start educating people on investing, personally, i think this is awesome! i'm looking forward to it.
is this why the lannisters were so rich?
sure, if you want to do "incesting" you need something more than experience
remember that auto correct enters most commonly used words...
for someone who supposedly learned a lesson, you never learned to proofread, huh?
enjoy your millions in moons you big ol’ pervert! ![gif](giphyrhqjxuwsmnf8k)
dca is great for hedging risk, not great for maximizing reward. different investment strategies will yield different results
this was my first good laugh of the day. thank you, sir.
counting on some roasting for this. my opinion on crypto is that although people use all sorts of indicators, history and stuff to try and make predictions, crypto is pretty much a cointoss. as there’s no reserve of something, gold, oranges, or whatever, it could go +2000% tomorrow and land at a btc price of . it’s precisely worth what people agree on right now, nothing more or less. we could all agree that it’s worth nothing tomorrow, worst case scenario. (that being said, i have some and trade with it, i’m not a hater or something)
people in alabama usually have great experience in incesting.
this is the new hodl
as long as you keep it within the family!
free karma on a typo. call your brothers and incest now!
read this as “experience in incest matters”, fucking hell im too hungover
i was here. also, kinda smells like bait...
what have you done indeed!! lmao
for a minute i thought i was on r
technically lump sum investing is found to be more profitable than dca. granted crypto is volatile so i prefer dca here. just a fyi so you don’t apply blanket statements to other incest 😜
omg this is fucking awesome!!! i love reddit
thats what stop losses are for.
if i laugh any harder i'm going to burst every vessel in my body. this is the gold post of the year brother.
on a real note is incesting a word
i came for the incest, but all i got was financial advice.
i thought this was …
if you cannot keep it in your pants, keep it in your family i guess.🤫🙄
that title is 100% on purpose. it is like a buzzfeed clickbait tactic.
and the moon farming award 2021 goes to...
i think you’re looking for r
why would i need to invest when…... “*i have family*”
this is not what we came here for
too funny of a title bro...lol...
this dude has his whole bag in cumrocket for sure!
that's a very incriminating auto-correct. how often is he typing searches for incest?
no wonder my sister asked me for cumrocket
i mean, to each its own my dude. not here to judge.
oooooffff importance of proofreading…
this made me laugh. have some moons lol
time to sell it all
i’ve found that it’s best to avoid incest, but to each their own as long as you are consenting adults i guess. can we go back to thiscussing cryptocurrency though? this makes me feel a little uncomfortable.
we all make mistakes in the heat of passion, jimbo.
this reminds me of an snl sketch
you don’t say. i’m going to make my family tree branch out though.
1 letter was all it took
careful guys, op is not a family advisor. dyor before incesting.
you people are so damn gullible to people making funny "mistakes" in titles.
no going balls deep when on top is the best advice there
a different meaning of aim for the moon?
of all the alabama posts on reddit, this might be the best.
please change this title… experience in incesting matters. wtf
step-investor, help, all my coins are stuck way down
making deposits in to a shallow gene pool.
whos gonna cross post this over to r?
i hope my incesting pays off one day, it’s been rough so far.
fuck i love this sub 😂😂😂
i’m begging you to change the title
hot-take - this was done purposefully for upvotes. and what a fucking tactic! op, i salute you!
this is all christopher latham sholes’ fault!
what're you investing in step-bro?
incesting is like fucking your mom. literally
when typos earn you crypto
it’s a bizarre feeling, even when it’s up and every one around you is talking about how they wish this’d or that’ve (+). i was thinking 🤨, am i really that rich??? no not really because until you cash out, your just watching and waiting until your set for life... what ever number that is. namaste
i confess. i have no experience with incest.
lmao i had to check the sub name where this was posting...uh crypto...? lol
incesting is investing time and effort into a relationship with your cousin.
i think you should change invest to incest, and money to family. in honour of your epic typo.
you definitely got my attention. buying stepbro coin.
disappointed by the body
this is why i love reddit
the op is totally getting my reward right now. 😆
instructions unclear: dick stuck in btcs sister
i was like wtf sub is this when i read the title lmao
is incest the new hodl
if you're investing with bears and bulls, i'm curios what family you have.
i have plenty of experience in incesting matters. it all started with my brother and sister when i was young, then i graduated to getting head from my grandmother when i was 22. from there i moved onto full on sex with my mother at age 26. i know what you're thinking... "what the fuck? is this for real?". the truth is... yes. it's totally real. some have suggested that it is because i am from utah, but in reality, it is a white people thing. just another inbred honkey trolling reddit.
incest in your future, op!
i incest for the ones i love…. family. too bad all the vin diesel memes can’t be posted in the comments
keeping it in the family, eh? 😂😂😂😂
how many moons did op make from a typo? congrats op.
reading the comments and making me crack up is why i think this sub is hilarious.
this is an intentional mistake on your part for that moon farming, is not it?
no comment as the title speaks for itself.
appropriate tagline is appropriate
... enough internet for today...
the family that cryptos together...yeah, i got nothing.
geez, i wonder why your getting all those awards
i totally get what you mean. i’m an incestment banker
watch game or thrones
sweet home alabama crypto edition
only here for that title, who knew yall were into that over here?
yup, never go all in on one thing, that being said i’m very very, very overweight gold and silver stocks, down 10-50% on some and not concerned at all.
lol had to click on this to clear things up!😆
in before hour 14
spell check. not even once.
i incest that you should only invest money you can risk losing
dad , it tastes like sh1t
where do i acquire such experience?
man, this dudes made so many moons off this typo. i woooooonder if it could have been on purpose? if it was, take my upvote you shrewd shrewd cousin banger.
bro (and i mean that platonically) are you okay?
youll be fine... its still early
i incest that you talk your family first before making financial decisions.
i love the edit
in my opinion it’s all about luck, back in november around i fomo’d my savings into btc at 15k. boy am i glad i put in everything
luke and leia took the down the death star with this strategy. so anything is possible
i thought the title would lead to it being some bizzare strategy name, but nope. the comedy writes itself
dom would like to know your location
isn't a currency's job to be a store of wealth wrather than an investment?
so how many moons is 16.k upvotes worth.
just like the top 1% do with their wealth, keep it in the family brother!
what kind of weird porn are you looking at that it autocorrected from investing to incesting?
we see how much one letter can do
this post went *south* fast.
remember: if you cannot keep it in your pants, at least keep it in the family.
great now we got a new trend
step bro i poop from there!
nice experience. yes its matter
true! it took me a long time to figure out my dca strategy and how to time the market too and i'm still learning too.
you have to have some huge balls to have posted this on r...family😳
i concur, start slow like with your cousin, then go in deep, like with your sister. all the rich have a lot of incesting going on, so i think you might be on to somethin.
i just want to congratulate you on winning the “moon farming” contest. hat’s off
sounds like you were *stuck* in a rut. all that matters is you take a *step* in the right direction. i'm glad you're sharing your experience here with your *brothers and sisters*.
i wish someone would give me experience in incesting, but my family just is not that open minded.
if you get divorced… are you still legally brother and sister?
you have to know when to hold them… and also when to pull out.
i just got a notification on my mobile, had to recheck quickly which sub i was on
i do not know if it is legal or not but maybe you should put "this is not incest advice" thisclaimer.
to the top of all time you go!
welcome to r, bring your sister!
incest is best. relatively speaking.
sounds like you got a little too kinvested.
at least you have a plan . . . even if the plan is to have sex with one or multiple members of your own family. 🥴
i was like, oh is that some sort of technical crypto term i have not heard of? nope just an unfortunate typo.
for once i don’t want to hear about how your experience was
pornhub directors: write that down, write that down
god damn... you made me double check which reddit account i was in.
taking you to . because that is what family does.
i have no experience in incesting
came here for some real talk about incesting. not thisappointed.
you earn moons by shit posting in threads like this, and the moons are not useful if you did not earn them, yet moons are 10 us cents a piece right now... this industry is just rampant (mostly unreasonable) speculation. i sure hope gold losses it is value soon so i can find out what bitcoin speculation does during that. bitcoin is digital gold you can transfer and store better.
<looks at title> <looks at upvote and comment count> yup, i know exactly what i'm going to find in here. <slow clap>
wow! what a title. hahahaha
when the market is going downwards dca is good, maybe start with 10 dollars and buy 2x when the price goes down. you can always make the call to buy more or not buy.
historical moment on reddit.
it kinda depends on what type of incestor you are
came here for the comments and they aren’t thisappointing.
you should always incest with a hard fork! good on you gaining experience and never giving up op. i remember my first year... it was rough
step bro i’m all in!
dang! i should have incest sooner.
i'm going through the worst weeks of my life. this post was uplifting just with the help of the title. thanks op, now i have enough dopamine to survive this week.
op do not have friends # op got family \- vin "u" diesel
yes. ofcourse we need to dyor anything on cryptocurrency. i am new in this and wanna take things slow. i am starting by small amounts. i take the saying into account, invest what you can afford to loose. i am confident with low mc lamden tau, with their latest development and the blockchain itself as python, this community based project will grow bigger and is to look for in the future of cryptocurrency. always dyor.
this is the type of typo that deserves moons. made my night.
don’t worry i’ve swung over into the incesting matters myself a couple times. i also bought at the top. both these things connect to my story
you poor fellow 😆
as soon as i saw the title, i knew that the comment section is going to epic... i want thisappointed😌🤣
tfw toretto memes follow you even here.
oof... i hate to be you right now...
wow, look at those upvotes. incest pays.
stay away from those step-coins
things just got weird real quick.
don’t mess with your genes🧬
to the (step sisters) moon!
hope he dca-ed. hope he didn't cum alone.
op makes a huge mistake
people actually believe the title is a mistake?
i bought at the top, thought i'd learnt my lesson and knew what the bottom was the next time but i was wrong again
filthy minded community hence the rewards🤣🤣✌🏾🙂🙂✅
commenting to cement my place in history
i was worried that 'incesting' was a new investment term i did not know about. luckily it is a typo and turns out i have decades of experience in both
what an outstanding moon farm :d
it's space's problem now
clear your browser history op
i was like, wait dude what the fuck wrong subreddit, then i was at peace.
op has been so bullish in the bearish market
go hard or go home, wait you would already be at home.
for the new ppl here who dont know what dca is — it is dollar coitus average
you could have written about hot dogs for all r, that title wins. too bad the moon karma cap is 1k.
incesting - my favourite! lol. no in all seriousness - great post and good learnings to teach newbies and alike! good work! great post.
*vin diesel entered the chat.*
i just read through the comments and realised i'm such an idiot. i actually thought incesting was some sort of crypto term i have not heard of yet. i went through so many comments looking for an explanation before figuring it out.
i can’t stop laughing
come on guys. lots of states have family love. it does not have to be al in every post. i mean look at west virgina. they have time to incest now that the mines are closing.
we are all just one big happy family op
looking at the awards i am guessing many of the crypto enthusiasts are also pervs.
is there still time for upvotes?
looking forward to all the posts coming with 'accidental' title post errors now.
the title typo is worth 6461 moons so far o.o the low-effort and generic post text makes it pretty clear this was planned. well played, sir. well played.
congratulations op! 👊😎 you will be moon rich and will be able to tell your grandchildren that you created your initial wealth by sharing incestment advice on reddit 😂
when you use ancestry.com instead of tinder
hell yeah brother (wink wink)
lol, it’s on the frontpage again. xd
thanks for sharing your experience and reading so deeply into the subject matter before committing yourself to incesting! aside: can you let me know your incesting reading list please?
i see this is still “stuck under the bed”
i thought this was a reference to the latest rick and morty episode
this is one way to go down in history.
incestment firm ceo: “we are all family here”
it’s ok to delete this post….really.
who needs experience when you have family 😎
keeping the royal bloodline pure
great title... of a porn movie. lol.
ah, someone is taking the old saying "blood over friends" literally
131 "wholesome" awards so far, lol
being a newbie investor i was like "surely this must be some kinda in investing lingo" but no.
i’m now fully convinced to build up my incest experience, thanks op!
the comments due to a typo are so legendary and the ops willingness to play along makes op a good sport and a legend
i love crypto! particularly when mine gets stolen \- stefan ortego
bro i'm pretty sure all of reddit just got notified about this. i would hault the comments on here before the r.
"'ohana" means "family." "family" means "no one gets left behind."
i just learned that i was incesting the wrong way. thanks step-op
one of the easiest ways to accomplish this is, even if you put a lot of money into crypto at once, rather than put it all in crypto investments, put some into stable coins like usdt . then invest some on a regular schedule. my other lesson from this big crash a couple months ago is to take some profits in stable coins ; investing the profits from one correlated crypto asset into another is great - until the entire market tanks. setting aside a small 5-10% chunk as stable coins can really help with dca'ing down the road.
almost had a heart attack reading that title xd xd xd
just wanted to say you are a legend that is all
who said that it moves sideways ? big dumps coming in
inb4 broken arms dude comes in here
share the familial wealth and all that good stuff!
>… if your a first year crypto investor. you’re. except for that typo, good advice.
this is going to haunt me in job interviews
do it, please lol
thats not technically invest though
oh step brother... you're dca to coins received ratio has gotten so big these last few months uwu
incesting transfers sisters from the impatient to the inbred
no please step sis, sleep in my bed it is much comfier, i incest.
the only time one should tell their relatives about their crypto holdings.
never turn your back on family
its all about generational wealth
i just don’t have enough spare money to incest. my sister is a gold digger.
r what are doing s-step-crypto-bro?
it’s all relatives, brother. ftfy…
*sweet home alabama intensifies
literally just popped in here to see what the top comment would be.
*dueling banjos music intensifies.*
rich dad, whore dad
they were ‘keeping it to themselves’ until now. now they’re trading in family secretsecurities.
well, you have to take it slow at first, don’t put in too much.
are you incesting with grandpa bitcoin?
listen, i got recommended this board. i know nothing about cryptocurrency... but his title. i had to come. you did not thisappoint.
i have never seen a better mistake than this, no amount of upvotes and awards are enough for op. this is pure gold.
maybe he planned the typo to farm moons ![gif](emoteemo_pack_1dancing_wojak)
well, as long as we can have a laugh off it, i'm fine with that lol
this was obviously intended. this body of the post is generic as hell.
blame reddit for this comedic mishappening.
they say auto-correct is the window to your soul.
step-brother, my crypto investment is stuck!
i incest we complain to reddit. something must be done.
fact is how many times he uses the word incest so that his autocorrect said... no you mean this!
incest what you are willing to lose.
you never want to over incest your first time. best to use the dca method. once you get your daily cum average down you will be set
so just the tip
always dick cost average (dca) your incesting amounts
incest responsibly, choose your picks carefully. successful incesting strategy can provide benefits for generations.
the fomo i could get behind
i'll let you be *in* my family
i choked on my sandwich
or it was auto-correct due to op's previous searches.
definitely no typo. the body of the post was all filler.
or is it a typo :d
op must have been searching or typing the word alot that it autocorrected to the often used one.
is it though? ![gif](emoteemo_pack_1dancing_wojak)
never incest more than you're willing to lose
i do all my incesting with stepsis coin and the mum swap protocol
my dumbass read it and thought “huh, i wonder how this person is going to relate cryptocurrency to incest?”
op is not wrong. experience really does matter. you do not want your step sis to tell your cousins you are not the best in the family.
i hear some banjo
what you doing step coin?
he's incesting in cumrocket.
she was a second cousin!
it do not think step siblings technically count
if this became the number 1 hot post today, i would fall off my chair laughing
plot twist: he is in the correct sub. ![gif](emoteemo_pack_1rekt)
want to play a game step sis?
na. he's in the right sub. dca is really the right way to go op
for a second i thought i was reading it wrong xd then googled it then came back here, my god those few seconds were exhilarating!
op is bullish right now
it can be :\^)
idk if you're going to like what you find
this headline sure made my day
total moon bait. 100% intentional
yeah extremely generic "take it slowly" investment advice with literally no specific info, all vague generic stuff about losing money. only reason this got the attention is the title, and boom, free money for op.
"it is not much, but it is incestuous work"
this is the only comment that actually gives a response to op. congratulations!
this is how i’ve done on some shares (cciv—> lcid) dca’ing is king
he’s going to the moon 🌝 🚀
also. time in your sister is much more important than timing your sister.
when you incest properly you do not diversify your portfolio you homogenize it
don't put all your sperms in the same egg ?
i think just because the c is next to v , investing turned to incesting .
post to the moon
it is so blatantly obvious le epic reddit moment
sweet jesus i began to panic while scrolling for this thinking i was the only one. are we living in a simulation? do that many people really just fall for this kind of shit?
there are also many different ways to incest and everyone has their own preferred method
btw children of incest are better accountants as they can count to 12 using just there fingers and count up to 26 when naked.
can we call this sick moon farming?
it was never intended to have substance, it was intended to be a shit load of free moons from an “accidental” typo because moron redditors will look at it, think it was actually an accident, then upvote it because “lol he said incest lol”. i’d say this is proof that moons are a shit addition to this sub but people pull this crap for karma on other subs which is even more worthless.
as my native american friends say, updebumnobebe.
there's always crypto in the banana stand!
the content of the post is filler bullshit and the title was clearly done on purpose lol
probably would be super useful, i did the same mistake. then i told my friend who was about to invest i told him just do not rush spread your money in to few months while putting in every week less, nop he did not listen, put 4k in when it was pumping, now sitting on big minus, still holding strong and waiting for pump but thisappointed as fuck.
incest investing is my femily.
c and v are right next to each other, i give the benefit of the doubt that he fat fingered it…...
ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [lynyrd skynyrd - sweet home ]( ─────────⚪───── ◄◄⠀[▶]( 3:20 :01 ⠀ ───○ 🔊 ᴴᴰ ⚙️
dollar cost averaging or averaging down on dollar cost. for in depth explanation, investopedia.
always hedge trim your bets, and cousins
his freudian slips back and forth
it was changed at the urging of this thread. love it!
makes a huge difference, if you end up with .
depends entirely on the lineage of the incesting tree. if you incest with grandma, she is got all of grandpa's savings and the life insurance money, aunty gregory only has what's left of his settlement from the car accident minus the "change" he was making, theses things matter ...so incesting with more capitol would definitely give you a leg up on early retirement.
stepbrother, i'm stuck in the hedge fund!
so, tell us about your incesting experience
every thread. that's a bit of reddit history.
not if you're applying at an incestment firm
not if the interview room has a casting couch...
“ok we’re just going to perform our very standard background checks all seems well, yes lots of incest posts. perfect for the role of a marketing coordinator here at alabama advertising co”
or help you. depending on the job...
the permanent flair 😂😂🤣
listing your reddit name on your resume, bold move cotton...
i'm doing a project called the cryptoarchives with a friend who's an artist. you've now made the list for 2021.
welcome to donkeycumslutz kapitol, for your interview we require thisclosure of all your socials. :: 30 s later, head of hr walks in: sir, you have the job. it's a honour to meet one of the og degens that started proof of incest validation.
can we make this happen?
never incest more than what you can afford to lose
gotta keep it in the family.
"did i do that?!"
this comment seriously had me laughing for 5 minutes straight, thanks!
you seem like a professional step sis
damn, i’ve never seen a bigger green dildo stepbro
you gotta know when to pull out and take profits.
hey *step* father !
**what are you doing, stepbro?**
no please, you first
it was an incest mistake
op will be getting a lot of moons this thistribution and will be thinking " i have won but at what cost."
only better one than this was an r“irish president and his dong, which he brings everywhere” or something like that. i haven’t been able to find the post again
you won’t convince me this wasn’t intentional.
he incest it was an accident
the part that got me was the “edit: what have i done” lmao
even the edit is funny
the edit at the end of the body paragraph is the funniest thing i’ll see today.
i once had a friend who said she hated the smell of incest, she meant incense.
wouldn’t be surprised if that’s the case
if so, i rescind all criticism of moon farming, it was all worth it in the end.
there's no maybe about it
yup, he only thought about the title and just made up whatever crossed his mind for the body.
it's annoying how gullible people can be... 321 people even spent money on awards.
you mean thank reddit for the laugh
blame reddit for somebody not proofing before posting? i think you mean credit reddit for enshrining this (wo)man's hilarious shame.
time spent incesting is more important than timing incesting
i gotta say, reading the title - this is not what i expected the post would be about^^
you call your step sister fomo?
hello r! this is the best incesting sub of reddit! you are all welcome!!!
hi, that is what brought me here!
3commas it's a good app. news, trading bots, smart trades.
rip. hope you're incesting in heaven now.
so is this a new ingenious way to moon farm? perhaps that is why it is flaired "strategy". prepare to see a flood of new "typo" posts such as: *why buying the dick in march 2020 was the best decision of my life*
yeah that’s my question….everything else is pretty well typed except that title. time to cum clean op.
be prepared to see a lot of typos in the coming few hours
if you cannot sleep at night you're incesting too much.
ser jamie lannister can vouch for this
if you incest without research, you can lose it all
never tell your family how much you have incested.
is this a shitpost or a pisspost?
hodl is some good incestment advice.
if you see red, pull out
i'm sure the pornhub lawyers said that a few times too.
oh god, that is the worst out of context quote i've ever seen
no.1 title in my heart
then let us get voting and posting!
it's official, this post is now on the front page.
they did warn us against sharing your incestments with your family tho
we’re all family here brother ( ͡° ͜ʖ ͡°)
more like ~~step~~ sis
stepmoon what are you doing?
taking his siblings with him
this tread is better than any comedy show i have watched
keep it clean it’s step sis
fuck *your sisters* life
let me give you my free award xd. hold on, got to grab my phone.
i appreciate you taking one for the team. this made my morning.
yes, that is a good excuse. but we all know the truth
what if it wasn’t a mistake and it’s just next level moon farming?
all i heard was her saying it with a lisp. and now i cannot unhear it. (but that is cos i pronounce eth as "eh-th" like meth but without the m...)
what's your preferred method to incest?
the best incest method is the no-coiner method.
i dunnnno man. i dunno. i was just joking all the same. he prolly did do it on purpose though for leh lulz
it's a family business.
i heard one of the most famous incestment firms is looking for a high profile incestor. pm me if you wanna apply!
well you do not want to try incesting limp
how firm is it, baby?
this needs to be way higher, good job bro! it's definitely a family business.
not the hero we deserve but the hero we need! thanks mod!
does this mean op is now an accredited incestor?
i live in alabama and we have a lot of people who are money poor but incest rich so there’s been a lot of confusion on these matters. it’s caused a lot of wreath shaped family trees.
if you can afford to incest, clearly you are ok with a 100 % loss of freedom and assets...
never incest for more than you can handle
guys if you only have one sis than do not fomo try putting it in little by little every month basically dca yr time in her vs timing her but if you have multiple siblings than fuck it go all ape shit alabama go all in. shove yr incestment & watch it go up down as it trades. op has incested a lot & we all should learn from his mistake
i have a scat incest; *doesn't that make me a shitcoin investor ?*
my dad never thaught me how to incest
*insert toretto family meme*
that's the follow up post title for this one
definitely keep it in. that’s a nice tip.
or else, zip ties!
if the "laughing" does not stop after 4 hours you should go see a doctor.
you son of a bitch i'm in
let your sister show you the power of cumpounding interest
*what are you doing*
i’m coming! hold on to your portfolio… hard…
thanks, now i’ll have the bravery in my head all day
yes yes it’s very incesting
more like a freudian slip, where you say one thing, but mean your mother. edit: i actually got the quote backwards.
incest what you can afford to lose.
incest was not a mistake
not only does it encapsulate, it also opens the thiscourse for "welp... autocorrect struck me." my only question is... why did it autocorrect to incest? nothing else matters, just why
[reddit - aww - the president of ireland always has his dong around him
like how it worked out for his step sis
"accidental" typos are always the plan when moons are involved
it made me laugh.
"oh my goodness how did this subtle comedic misspelling happen to pass by my keen editing eye when the entire title is a total of 4 words" amazing how easy it is to farm moons with some minimal effort wording
it was a great post
freedom comes from incesting!
it's more to learn from your incesting mistakes so you do not repeat them
maybe not to her face
just downloaded it. going to check out the bots.
dude do you mind if i post that i need the moons man
do moons only come from post karma?
it is not like he is wrong. this is definitely planned
while we're here shitposting, op is playing 3d chess.
be greedy when they are fearful
incesting can really be an emotional rollercoaster
if your incesting lasts longer than 4 hours then you should see a ~~doctor~~ therapist
wait your turn dude
i am incesting in ada
when your sister starts recommending shitcoins, it is time to pull out.
most of the post to are leaning towards moon farming
wendy is a hot sister name tbh
>case of fatfingering not sure that we needed your vivid description of the incesting.
it is not 'next level', funny typos that are made on purpose are almost as old as the old 'test thread do not upvote' farming
reverse dow-girl s&p&m 500 the dirty ricardo hot karl marx john stuart missionary nasdaq-y style i’m a fan of the lot.
i normally just pump and dump whenever i'm doing any kind of incest
hello people from r! this is the best incesting sub of reddit! you are all welcome!!
it’s a family-business, and they’re branching out for once!
i spent some years in the gump. "buy the dip" in bama means show up to your sister's trailer with a log of copenhagen or her bloomberg terminal will not be open for incesting. roll tide!
bro! where the nsfw tag?
financial freedom comes from incesting
op will teach you no worries
bad dad! those are elementary skills
is that a ph channel?
incesting is a family affair
and the dodge turbo car
i do not have a girlfriend, i got family
i’m stuck with my cryptos...
dude, i forgot about the bravery. thank you for reminding me they exist and are awesome.
here, have a free bat
yeah i just tried a few combos and only got infesting.
this is so true i wanted to type incest but autocorrect changed it to invest 🤔
i've always thought the porn terms that come up in autocorrect fails are actually a window into people's kinks.
op just gave us one of the best incestment advices!
nice one. just like cumpounding interest.
invest in what you know
post and comment karma. and tips. i've just sent you 1 to break your ![gif](emotemoon_emotemoon) virginity.
incest in yourself first, expect nothing from no one.
don't incest when there is blood in the sheets.
incesting has it is ups and downs
that's why we are incesting, to take a rollercoaster
incesting is a long-term commitment
is this the line for the stepmom?
else in a few months she will be saying "hey brother i'm working on a new erc20 coin"
y'all really do treat people like family here.
the fact that yall gave him that flair is the funniest shit i've seen in a while.
when you’re here you’re family. everything is safe
a lannister always pays his debts... in bitcoin cash.
if you’re interested in incesting i just launched step coin
he has a lot of experience...
i didn’t realize he meant “investing“ until 3 minutes after o-ending the thread. i was really confused
in some places, its the same thing.
eh? tell me more…
i need a chinese bat.
thank you very much
wait is it considered incest if it’s with yourself?
my incestments are stuck on the dryer again
incest when there is blood in the sheets even if it is your own blood
fuck that got dark really fast
successful incesting starts with courage
first rule of incesting is you do not talk about incesting.
you're welcome. check out [introducing r]( if you want to find out more
looks like we found a loophole
you mean your twin?
i certainly hope not
"i know where i came from -- but where did all you zombies come from?"
i hope not or i broke the law a lot last night
if you do, remember it is better to do a little bit everyday than just go all in at once.
"i live my life one-quarter incest at a time." -dom toretto
or just across the bed.
so just the tip?
but always across the family tree
or share the bed. they do not sell king sized mattresses for no reason. enough to fit the whole family plus the cousins from alabama
heyy step bro, what are you doing ?
every day we stray further from god
**welcome to another r!** **please take note of the following:** - while all polls in this tournament are open for voting until 5pm monday pst, not all of the predictions come to term on the same date. carefully read each poll before predicting. - the admins have added a “sneak peak” feature for [reddit premium holders]( that allows them to view how other users are predicting before making their bet. **the prizes for this tournament are:** - 1st place: 500 moons and 2 weeks of reddit premium - 2nd place: 250 moons and 1 week of reddit premium - 3rd place: 125 moons and 1 week of reddit premium *** for those out of the loop you can find the [introductory post here.]( if you are new and have any questions about moons please refer to the [wiki page.]( have fun and good luck!
as if gambling on fake internet money wasn’t enough. now i can gamble on even faker internet money
i predict bitcoin will go up, down, or stay the same.
can someone explain this voting tokens for me?
i predict i will get them all wrong again.
nope.no gambling on fake currency of fake internet...don't have enough time for this ...good luck to those who are trying.
all-in on highest price gains across the board with maximum voting leverage allowed lfg
time to not do as bad this time! i hope
*another one?!* i'm scared. when i buy, it goes down. when i sell, it goes up. what hope do i have of predic- of course... i'll predict the opposite of what i think will happen. ada to ten cents.
i predict that the predictions will be predicted.
i predict i will continue to prove i cannot predict the market... good thing i do not day trade!
i always predict a bull market. really hoping i can wish it into reality lol
oh yay another chance for me to get them all wrong. good luck everyone!
i take it when the prediction is "by 6th sept" we're taking the starting date as today ?
the chances of winning is less than me having sex this year
lets hope for another bull cycle.
what’s tournament token wtf
easiest question to answer is “*how many subscribers will r, september 6th?*” because you can see the weekly growth here:
i cannot see shit.
unicorns...i walk away form cc for a few days and come back to the return of the prediction tourney...huzzah
wow, cannot believe it took me 5 months to find this, but i am in!
i missed the last one. hopefully this i can put up good numbers.
max bet +10% on everything we gonna pump
why does the 6th matter?
predictions are back baby!
iam hoping for 10%+
i think these are so fun for the forum
guess who’s back. back again
now we’re speculating on speculating?
the real question is, how much will deez move by september 6?
this dude has 800k moons, dayum son
now, to continue my streak of getting every single prediction wrong!
i cant win this like maybe someday in 2050 in another planet i could have a chance
excellent. now i just need a wallet to convert my unicorns to moons.
last time i had 'em all wrong, not even gonna try 🤡
i will predict everything wrong, hoooray!
what's this i like it!!
i got every crypto price question wrong in the last few rounds lmao
i wish each and everyone of you a lot of imaginary internet points
i placed is there nothing for people in the top 1% or something? sadge
i put almost everything up 5. except the obvious
_aw shit here we go again_
i predict that doge will need some additional elon lovin' to ever reach .
i love this, i’ve wanted one of these for crypto for a long time!
first predicition for me there, lets f go. wish yall good luck boys and girls. <3
what are these unicorn 🦄 tokens? do they have any value like moon?
i have no idea how this question works: >what will the moon? where can we get any info that even points us in the right direction for guessing?
i predict that i'll buy high and sell low.
i’m gonna say 10% because i’m bullish af on crypto, and odng on hopium
literally just picked +10% on everything xd bullish times are coming!
i'm terrible at these for soccer. so uhh...do not choose what i did and you win, guaranteed.
661 last time give me top 200 babyyyyy
hoping to improve upon my **one** correct prediction last round bring it on
i won again, 540 something tokens, no clue what they are, i just say it is gonna rise everytime 10% or more lol
yessss, finally, super excited!!! ive been waiting for this . now let the anticipation for the results to commence
lol i realized i actually have no clue xd. hey at least it is a free shot at some moons!
this is my first prediction!
can i answer this on the 6th?
we all got a f
i said +10 % because i believe in eth that much :)
oh, not another one of these. i was like 0 for 11 the last time i tried this.
i predict that 1btc=1btc
how can i participate, i cant find a predictions tournament tab anywhere
if you like to bet on crypto price actions, football, esport, macro encomony and many more, check tendieswap. they developing a peer 2 peer betting platform.
you can bet on this in crypto on tendiebets.org
i'm pretty pumped. last time i screwed up the wagering part and still got 3rd.
bitcoin goes up +10% and then down 10
buy axs axie infinity now... now its around 73-74... within a week it will definitely cross 83-86...
btc up for sure
bitcoin to the moon!
tendieswap will moon more likely then btc
i predict bitcoin will be between 0 and 100k
why bet with unicorns when you can bet on crypto with crypto on tendieswap 🤣
market is behaving weird for last 2-4 weeks! no trends. just sudden changes that makes no sense at all
love this time of the month!
good luck for everyone 🤞
up or down, it will go to the right.
anyone help a simpleton with a link to the polls?
i predict the price of 1 btc will become 1 btc!!
use tendiebets.org it’s absolutely the best p2p gambling site out there in crypto!
go for the max. yolo
what do you win in this case?
i'm stuck in inception
why take my vote data then don’t share the results with me? take but not give… 👎
did anyone even vote negative movement? i feel like that would be sacrilege
put anything will up. another fake money - cool!
bullish on crypto for the rest of the year.
quite a lot of dreamer here. but why not. sometimes dreams come true. maybe monday.
wtf you guys predicting
one btc will equal one btc
i think this thistribution might surprise us like last month, i went for .2 to .25. 🌝 i guess i'll have to see 🌚
no custom amount? i was trying to 69 every gamble
how do you win ?
burn moons, earn moons, spend moons, convert moons, learn about moons, & hoard moons. moons for me, moons for you, moons we see, moons pursued. moons, ^small ^^moons, serious *moons,* sarcastic moons. i just want moons... cause i not a baboon, my kerfuffle balloons, i'm all in send the goons, ready to give my boss the final tune, going to take the platoon to the saloon and act like tycoons. yes we're inopportune, looking like national lampoon, but believe we're attune to the comune that's about to maroon giving us all the swag-festoon. i just want moons... 🌚
gonna have to base my long . this sub is collectively so very very wrong about market movements :)
hodl is my prediction
can we do this on the reddit mobile app? idk how it works really
as if i’m not already a gaaah damn degenerate...
so what is votes the most? i cant join i. cause my virtual money is gone. and i dont have premium
show me the moons!!
so i won 400 from the last tournament, does that mean i have an extra 400 for this one? or what happens with the rewards?
hello eth whales. please buy this weekend. that is all. thank you!
i still cant figure out where this whole stupid voting thing is.
so they just gave me a 1000 what do i do
this is completely ridic. you guys need to get goals and go talk to ppl in public. no one cares about the price of a coin.
will i win something for correct prediction?
shut up and take my monopoly money
who knows the answer from being a member are you allowed to post what has the most % or what you see in who voted for what? is this allowed as members can see polls or the options others have picked!? are they allowed to post in comments what the stats are? lol i will become a member when i can afford it or have moons to buy it however it works i haven’t looked myself properly xd
what are your predictions on what people are going to predict?
i've in my head drawn some lines and triangles and shit on the charts. i'm convinced i have the answer right. + 5-10% it is. trust me.
can i win a unicorn if i get it right?
i’m going full optimistic this time
my first time voting in these predictions. if i understand correctly, it is bonus moon$?
what think about saturna, ???
finally i found a harmless outlet for my gambling addiction!
how the hell is this dumb survey upvoted 18.8k times? who gets those moons?
the link says page not found for me. anyone else?
well, this was fun! i predicted a bull run, haha, so hopefully i’m right! xd
i predict i will not get any of these correct
i want 10 moons for participation you god damn hoarder!!. : of course it's a joke do not ban me!
about to enter phase e
i see bitcoin hitting 50k , declining back to 48k and mooning to 53k, with other alts eth, egld, pop following after it is moon, and the bulls will be confirm to be back
predict the opposite of my prediction now for easy money.
any thoughts on useless token?
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crypto will either go up or down or stay the same and people should wear more hats.
> the admins have added a “sneak peak” feature for reddit premium holders that allows them to view how other users are predicting before making their bet. what the fuck
i like this format. good job for engaging with the community, shows that you guys care. i've got a question as i've participated in the euro 2020 tournament and it happened after 12 predictions: what happens if there is a tie? can we have multiple users on 1st place instead of 1st, 2nd and 3rd?
and then i can give you fake karma points for this post about fake internet money gambling
gamble on fake internet money with even faker internet money.
chewbacca is a wookie…
i'm not even sure if *i'm* real.
people love a good gamba.
you already know that i just yolod as much as i could
and i can still lose money! even if it’s fake
why do not they just use moons for these tournaments?
but i know one things for certain, the chart will go right.
such a deep analysis, you should start a youtube channel mate
this man knows crypto!
what a bold prediction
we found the winner. cancel the tournament
i see you've studied quantum physics as well. everything is and is not at the same time.
with a hint of shenanigans.
solid prediction, no room for error
this guy is a genius!
all i know is my gut says maybe.
that's a smart prediction, thought only i had figured that one out
you know you can only put your coins on one :p
you're a time traveller!
oh i do not fancy your chances on that call, sorry.
it's like poker chips. you lose, poof. you win, everyone's chips is thistributed to the winners.
just click +10%, crypto only goes up
i predict your prediction
sounds like you are hedging your bets. either way you win.
predict all negatives so if the market does go negative you can still win lol
then do the opposite?
a man of culture i see.
is it really crypto if it is not 10%+ or 10%- across everything?
all in baby! let’s get some double digit gains!!!
p much what i did last time and i got overall hhhooyaahh
i was 260 in last one, i bullish i will be in higher place this round
i was surprised how many people predict ada to just go up and up to infinity. surely it is gotta correct lol.
definitely sell the news situation coming
**another one** *dj khaled voice*
may your prediction becomes unpredictable
just give this guy the predictors belt or trophy or whatever 😉
got top 900 last time out of 34000, time to get to top 💯 this time
so hard but so cool!
**i am a verry excite** *borat voice*
what do you get for winning?
i basically went full bull last prediction thread and ended up in 36th lol you bet your ass we're doing it again
bitcoin will go up in an average timeframe
whether you're working or getting worked, there is always action behind the wendy's dumpster.
a monstrous one plz
its the token you vote with
word , thank you, i was looking for that when i made my prediction. i wish i had seen this ten minutes ago lmao
get those unicorn points 🅱️ro
yeah i find myself “predicting” what i want to happen more than what i think will happen. well, let me be honest, i don’t *really* seriously try and predict anything because crypto is unpredictable af
when i see comments like this, i'm going -10% on everything
*because 7 ate 9*
tbf, none of this matters
it's the one that matters the most imo, if you can correctly predict the total crypto market cap, then you can guess the rest quite confidently as well.
the boiz are back in town!
[sha]( [deez]( [back]( [tel]( [a]( [fren](
im going to add another 7 layers of speculation to this equation
if it hasn’t been done yet, someone needs to create a “deez” cryptocurrency
i predict deez nuts shall reach the moon no later then tomorrow evening
i predict it’ll go …... **nutz**
now thats a lot of lunar jawnz
you can get a good idea based on the daily comment volume in the daily. it’s been really high so the ratio should be lower than last time.
bullish , apeish , and duckish
no, they reset each tournament
thank you! appreciate the feedback. >what happens if there is a tie? can we have multiple users on 1st place instead of 1st, 2nd and 3rd? so far with 10+ polls and 6 options on each poll we’ve had a thistinct top three for both of our tournaments, but usually with 15-20 users tying for fourth place. it is possible for users to tie for 1st through 3rd without enough polls or enough options on the polls
existence itself is fake at this point
but the fake karma points are worth .1 each 😂
and i can give you fake karma points for you giving fake karma points for this post about fake internet money gambling
a karma is worth 5 cents now a days.
man don’t give out fake karma … then more people will have access to post more absurd posts in the r😹
the only real thing here is the lifetime we spend on this...oh man... i've got to take a break
backed by the fakest money of all... money
i like your antlers
if you pay attention you realize we all basically lived the same life.
hey carmela, where tha gambagool?
**“tremendous”** *joey diaz voice*
i'm coming for you when the global internet goes down now.
depends if the government get involved or not. 😂
that's a bold prediction
i always thought bitcoin will start to move into the 4th dimension
*ethereum deficit*? i have that too!
i'm sure a lactating jello can pull a good suprise face.
would be better than most crypto channels lol
1 btc = 0 btc 80% of the time if you're a leveraged out futures trader.
that’s a bold prediction cotton let’s see if it pays off
his hands and feet are mangos
ok, but last prediction cycle i lost more than i won and now i have 1k tokens again like last time. so you should not be conservative with your bets right? if tokens reset every pred cycle, it does not make sense to save tokens from your bets, unless i'm missing something here.
do you do anything with the tokens or are they just tokens to gamble with?
wow so this is real gambling...
can they be used for anything?
i’ve never got one of these right and i picked 10%. sorry lads…
*same here bro guy dude*
it is our cultural heritage tradition 🤝
a man of style and class. 007
all-in or nothing 🤝
hoping for top 1000 but i think a monkey would do better than me.
i think people reckon once it breaks 3.00 the price is the limit. in hindsight i don’t think it’ll get 3.30 in a weeks time lol.
we have not had a serious correction since end of july and i'm getting nervous
*gigantic if proven to be of truth*
may the odds ever be in your favor
well you can bet your bottom dollar sir, this is a wendys.
does it eventually become mooon?
rather sell you neighbours house🤣
>everything even on your actual portfolio too?
guess who's back, guess who's back ^guess ^who's ^back, ^guess ^who's ^back ^^guess ^^who's ^^back, ^^guess ^^who's ^^back ^^^guess ^^^who's ^^^back, ^^^guess ^^^who's ^^^baaaack
ah it is based on how much people participate? then yeah the ratio should be super low lol, people are spamming the shit outta this subreddit.
murphys law works in mysterious ways, it can happen though so that is why i'm asking. thanks for the response!
where is the polls?
world did infact end in 2012
i fake therefore i are not
so did i just tip you a dime for being silly?
so few of us pay attention.
yup, right there with you. a [solar storm]( of large magnitudes is inevitable it can happen tomorrow or in 5 years. and that'll easily shutdown the global internet infrastructure plus a whole lot more.
hopefully does not involve, we dont need them all the time poking nose in our business.
sounds like you should consult a physician.
same. cant seem to get enough
i have issues with gas. ethereum gas.
i get yelled at for suggesting crypto channels are shit.
my impression is that we just get a ranking from the last round and our token reset when we join the new one. could be wrong though.
this guy gets the **gabagool**
hopefully, my friend hopefully when you vote, you will get karma from that skmehow. but probably not . the tournament tokens won’t turn into moons if you dont use them if thats what your asking
oh really huh? lol
**every woman boii 2 the dance fluerrrrrrr**
if you place in the top three you win moons and 1-2 weeks of reddit premium
yeah you’re right, 🤞 it stays that way but i wouldn’t be surprised if we have a tie in the top three at some point no problem!
it is indeed fake and fabricated but this is the thing that holds up society without it there would be probably chaos
yes it is! money and anything that has a . even transferred into bank accounts it’s still an iou. yes money can buy things and money does bring happiness but it can only do so if your happy before the money not after the fact you have lots of money. for me i don’t i never have always lived low income family and live of the gov at the moment being out of work from pandemic. it’s that cryptocurrency’s are open for much volatility and with that manipulation of the said market or to manipulate a market traders against or that’s in the crypto sphere. it’s like we can’t compare btc to usd or eur or aus why? they are currency’s of the counties they represent which hold their value from pay slips and all kinds of business’s and moneys being moved around the country or out of the country or exchanged on the market or national earnings reports and other financial reports that are micro or macro economic events that many investors and forex trades look to speculation on what the price will do and if to buy in sell in or take profit or stop loss. which you can set a stop loss after you set the position and after it goes in said direction, up for a buy or down for a sell position then set the stop loss at a point were your now in the profit and the stop loss will stop the losses of the profits already made if you are making small trades or short lived trades or longer lived trades stop loss and take profit trailing stop and pip movement are all very critical to making profit and well being over 50% win. unless your only loosing %-99% efficient with the higher %s coming mostly only from auto traders or using signals from a trader who is using auto trading or algo trading to generate the signals you subscribe to. back to the money part of this no “money” is real or fake. it’s all inflated or deflated. the issue i see is there is way too many cryptocurrency s being made because one anyone simply can make a currency with however many million or trillion coins that are in your or the creators main wallet that you then thistribute through airdrops or whatever to give liquidity but many times this is used to manipulate other markets or to simply rip of those who brought into the crypto be it with money or via an airdrop. anyway i’m going off topic
fake people buying fake things with fake money. excuse me while i go start up a new rug pull. come buy some !!
*now we live in a simulation*
1999 to be precise
right back at ya too :)
good thing i printed my coins then
they seem to go in cycles. i think the next solar storm maxima is in a while. the last one also did not do much. i think that we have greatly improved satellite shielding (plus there are a greatly increasing number in total) in recent years and we will suffer less thisruption going forward.
but the blockchain lasts forever and cannot be changed.
oh, they will. just give them time (to understand enough so that they sound like they know what they are talking about).
thats not e spirit of crypto where where appears outa nowhere
i like to print my coins on green paper with dead people's faces on them.
true, but if the internet goes tits up a lot can go wrong. de-synced nodes, frozen transactions, miners going all outta wack and so on. i'm sure someone will take advantage and exploit some cryptos as well.
maybe so, maybe not 🕺
a society in a simulation within a society in a simulation within a society that is also in a simulation……🧐
**outside of a simulation inside of a simulation**
i have a feeling y’all also watch the lex friedman podcast
but think about the ppl!!
truth is, my man, and this may be hard for you to hear... we actually all live inside your head. you've constructed your own interpretation of universal energy. or not you necessarily, but rather, you're a part of the energy that constructed itself in such a way, to be all knowing and all ignorant just the same.
to infinity and beyyooo... nevermind
think about the unicorns
dang it , why did you ruin the suprise ?
to infinity and beyond the simulation
you already knew this, though, deep down. your intuition is more powerful than you've given it credit for evidently, and i think that if you can reflect inward as much as you have the potential to, you'll find that there arent truly any questions that you do not already know the answer to.
you should change your username to dmt4breakfast. that was deeper than the mariana trench yo
haha, just fucking around with ya, but thank you...? i appreciate you being receptive to such weird ass banter. i'm a sucker for simulation theories and all of that existential kind of shit, so i always have some of it waiting to come out. seemed (somewhat) fitting, so why not. can't say i have not dabbled in psychedelics and thissos a time or two though, go figure.
dabbled in the trippatronix quite a bit myself, so i love weird ass banter too lmao 🧐
ah, makes sense. well, good luck with all of your investments... especially nano!
dmt is the source of life
it's almost as if 'buying the dip' always paid off in the past
i want to buy more but i have no money.
i started buying literally at the top. it only made sense to continue buying at the bottom.
lol, it looks like i was one of the 10% who were very scared but i kept on buying.
you mean the clearance sale?
people do lie tho, i'm sure new ones were shitting their pants
also 90% of investors said they am not got no mo money left to invest but if they did theyd totally buy more.
not scared, just buying more. sorta happy with the pullback tbh, i only just started investing, basically rolled the clock back and giving me a chance to buy in at a lower price. this is a 10+ year plan for me anyways.
imo there probably is some participant bias. i think that people who are already invested in crypto are not scared away from it. but far more people not invested or were recently introduced in may were probably scared off by it.
now if only 90% of crypto investors also can tell elon to go fuck himself we'll be at a golden place. btc is the new 401k.
i bought more. i'm holding for years. so not worried.
true hodlers do not panic over an unrealized loss in the short term ask the bitcoin hodlers who did not sell after the 16$-.01
not surprised. no one is ever going to tell you that he is scared.
they all sold? ... pump it.
my coworker invested in it after i walked over to her, showed her my losses for the day (may 19th i think) - we spoke about it on lunch break and she mentioned her partner had some crypto but that is all she knew. the next week she showed me she had bought bitcoin, ethereum, cardano and doge (lol) she got pretty good prices, 33k btc and .35 on ada. so well in profit still. but when it was looking a bit peaky last week she said she had no intention to sell. so this is a green-as-grass retail investor with diamond hands. a good sign. i think the young are playing a "nothing left to lose game"
i have too much pride to sell at a loss.
i just wish i had more fiat.
so then why was there a dip at all?
with the hard crash i feel like it has to be more xd
the charts say otherwise.
"brutal selloff" jesus christ alive. yes only up 100% from earlier this year.
were they asked in june or in may? (lol)
we are here to make lambo money and eat bubblegum and we are all out of bubblegum!
the longer bitcoin and the crypto space survive and thrive, the stronger the market's overall support. the number of people who have seen the long history of bitcoin's rise and want to invest continues to grow and market dips are calls to buy for these people.
> 87% of respondents in the company's second-quarter retail investor sentiment survey said they plan to increase their crypto holdings over the next quarter. the survey captured responses from 3,671 participants at the end of may, during which bitcoin led a plunge in prices throughout the market. around 3193 said they wanna buy more if i got the numbers correct
i guess people who gave up on crypto wouldn't waste their time answering the survey.
exactly. all you have to do is look at the stock market for an example. brutal crashes in 87, 00, 08 - with smaller crashes in between but if you were a thisciplined long term investor and did not panic, you'd be filthy fucking rich right now.
yep, my only complaint was that i could not buy more at the time!
so it is the 10% that tanked the market...
when you are not scared, it means it is not dipping enough. be prepared for the next sale!
let’s ask again when we go down another 60% from here
people are getting smarter, more and more people are getting aware about crypto and how it **is** very much our future.
love to see the diamond hands 😤
yeah watching your net worth evaporate isnt as stressful if you're used to your portfolio fluctuating up and down 20% on a daily basis.
who does these surveys? honestly probably people that have no interest in the crypto community and were told to write something
i started in march during the upward trend. i would of lost about 80% of my investments if i sold. decided to just hold and relax. i’m only down 50% now and it’s slowly getting better. probably just keep holding. i learned a couple lessons though. * do your research to narrow down a potential list of assets you’re wanting to invest in. if you can’t trade at high volumes it’s my opinion that investing in two or three assets is better than like 10. * don’t try to predict the market and always create orders to automate buys and sells to remove human emotion. * create orders based on meaningful data sets over past 7-14 day averages. do a bit of analysis on how something has performed not how it will tomorrow or a few days from now. always try to create an order like there’s no going back and be reasonable with limit orders to avoid getting greedy.
this sub is just a collection of articles that make cryptonerds feel good
i just kept buying, its like walking in to a store and having everything be half off!! course you buy 🚀🚀🌚🌚
are you telling me there are people buying during the dip 😨
it was basically just “black friday” for crypto for like a month. everything’s on sale 50% off!
planning? ain’t no plan, motherfucker, i’ve been buying more.
crypto is not just an alternate asset to invest in anymore. it is our salvation.
since the time my portfolio was -65%, i no longer cared. just kept dcaing, staking and closing everything until next day.
there's no way but up just keep buying the dip!
i live for crashes’s….best deals ever
well, yeah, it was on sale. gotta buy the sales man.
yeah i bought the dip until i have no more money lol
i have been buying lots of dogecoin.
*maury voice*: the charts indicate that this was a lie. i will say that the last year both in stocks and crypto has made me much more resolute in my investing, though
what is this sell you speak of ? this is like apple and amazon back in the day, we early to this party!
not afraid of elon musk’s manipulation
seemed like a good time to get started, personally.
shibu to the mooooooooooon!!!!!
i just spent a whole !
that's me acting bullish from the start of the selling 😁
almost like you’d have to be an idiot to sell at a loss
i was scared away for a few days. sad i could not afford to buy the dip any more. just holding on now and accumulating still. i think this time the market is not going to thissipate nearly as bad as every other bull run has and if you can hold through all this volatility you'll be looking great in the next few years.
the drop off is what prompted me to get into crypto haha
well as a new crypto investor i have to thank this community for that. i got in one week before the "crash" and believed. had to admit i was a little worried, not about losing the money because i play with what i can lose, but just felt a bit down that it ended so fast when i joined. so i followed the veterans advise here and so happy i did and for that i thank you all! learned a lot last 2 months.
any investor in anything will talk to the public like this. as long as you are invested you want other people to buy and not sell. fact is, the future is not predictable.
when you see enough men die on the battlefield, one more death does not faze you
in other words, 90% of crypto investors are chasing losses.
means that market is not under panic and there is still room left for one or more selloffs. market mostly finds bottom after panic selloffs
i'm actually proud of myself. started last year, did the same things as everyone: did not do my research, fomo, selling if it went down, buying back higher... list goes on. now i hodl and do not even look at the charts on a daily basis anymore.
90% of cryptocurrency investors will make more money if other people will also invest.
man, we look forward the dip. not getting scared like paperhands
you say “brutal.” i say “typical.”
history already showed it so why panic now?
why would someone be scared of a drop it literally happened a lot of times before, why is the fucking media so pushing this
this sell off was fueled by the rich. all those hedge funds etc were counting on all that stimulus and once it was all out of the bag they passed off their bags to those who used their stimulus. i have a bunch of referrals from a crypto buying service and i was bringing in decent money from them before the pandemic. i haven’t had a single referral buy any coin this entire pandemic. usually when the price would rise before the pandemic my referrals purchases always reflected that. during the pandemic not a single one of my referrals has made a cryptocurrency purchase. to me this is a massive indicator we are up against the same guys on wallstreet now. the stock market doesn’t reflect how our economy is doing and now neither does crypto for the same reason. buy the dip and unload your bags on them next time.
problems with surveys like this is the selection bias. the survey was conducted a cryptocurrency-asset broker voyager digital, and majorly people who might have hodl through the dip might have voted in the survey.
scared money do not make no money
i’m a lazy investor. i put money in crypto and stocks once a month. nothing scares me!
"brutal sell off". how about "buying opportunity"? perspective...
i’m buying more every week, dip or not 🙏 and not selling a single one of them
it's kinda a no brainer for anyone who's been into crypto long term or since ~2014. such a dip is absolutely normal and you know it is going to only bring new all time highs in the future or long term.
bot 10k worth of ada in that dip
for every day, i just check the overall performance of all the coins. if they are all correlated with btc, then i can sleep tight.
this cannot be an accurate number for all people who invest in crypto. i think if it was, then the market would recover faster than it has. this sample survey was completed by "cryptocurrency-asset broker voyager digital" and is likely not including the common crypto investor. my thinking is many investors may have been scared off, more than 13% certainly. some of those investors will reinvest later when crypto is back to the price when it crashed.
that was hardly "brutal" worse times ahead, i'm sure
🤜🤛🎉we stick together like in the army 🪖🪖🪖
i never sell i just hodl! dips are buying opportunities!
this is neat, but we only need the top 5% to be scared off to tank the market. not that they are, but the bottom 90% do not have much sway over the market.
the time spent in this dip is making me anxious but i am still buying, the worst that can happen is you have to wait longer to be in profit.
feel bad for the 10%, you should be aware that dips like these are part of crypto investing
the ranks of the diamond hands are getting bigger. good shit. weak hands and gambling shorters are getting the balls slapping they deserve. fuck em.
... i'll drink to that🍺🍻🍺🍺🍻
scared? suddenly i could get more coins with the small amounts i can use to invest 😁
you don t loose coins when it goes down. i have the same amount of btc as before...but to be honest i am scared that fiat will win. because rich mofo wins over thousands of years.
probably because most cryptocurrency investors are aware the dip was a byproduct of hedge funds liquidating their crypto assets to try and buy them *one more day*.
ofc not, i buy peercoin and it’s been up. pow has been exposed as deeply flawed for at least a decade though, so i’d be nervous if i was heavily invested in any pow coins.
i basically started in crypto in may. and i'm buying whenever i get the chance.
more than 90% expect a bitcoin etf this year!?! gensler’s comments have not been as crypto friendly as i was hoping. i really wouldn’t place any bets on that.
i wasn’t scared because i didn’t really notice it.
>voyager said its results were based on a sample set of more than 1.6 million verified users in an anonymous online survey. respondents were chosen based on a "highly active trader status" on the platform, with those users executing between 50 to 100 trades over a 30-day period.
boomers and the rigged biased system they put on our shoulders generated this beautiful and resilient generation of hodlers 💪🏼🤘🏻
makes sense if those that were scared away are not investors anymore.
uh ya i want more cheap coins
thats a lie. system trying to build you up with courage. tell them to send you a bottle of vodka with that...🤏🤌👀
that’s when i bought in.
as a crypto noob, that drop off was amazing. tripled my positions for around the same amount originally invested. want to buy more, but the wife says no.
bought two thousand more xlm after the dip at 31-33 cents. don’t plan to sell anytime soon. it’s way better hodling than leaving in the bank and gaining next to zero.
nonsense, even here probably more than 30% were scared
we're obviously gluttons for punishment. did they perform this poll on ?
when you see btc drop down to 3k and come back stronger, you become desensitized to dips
lol i dont believe this, otherwise you wouldnt have sold
oh i keep adding with these bargain prices. i held bitcoin for a long time through rough patches and watched my investment (albeit a small one) go from nearly nothing to enough to buy into other stocks and cryptos to keep gaining. it’s a long game.
once upon a time a bunch of wealthy people had confederate currency and it became less than worthless. the dollar and other fiats could also become obsolete as the world changes and evolves.
the masses are learning to hodl
i'm sure sometime in the future someone will say, "the prices are doing so great now. wish i had bought more in 2021."
what you mean planning? i think most are still buying the dip
scared? i was buying like crazy the entire way down!
did they answer as it was happening? because i shit a brick
all may did for me was show me that this whole thing is in flux and still has a long way to grow. i've barely got 300 bucks invested over a total of eight coins right now, but i'm still glad that i'm doing it.
if you check this sub back in may, i dont think that the survey is correct
so obviously it is institutions selling then...?
<10% were the fud boys of summer
bought 20k of various crypto in the end of february with a one year goal to start with. i was nervous with the last drop but over time, i got used to the situation and started to see far ahead and now i am relaxed.
hodling onto my mt.gox coins until the payout
didn't read the article, but would this statistic point to bots doing the majority of transactions? if the actual humans are not scared off, maybe their bot farms were on their behalf.
90% ? someone’s gotta be lying. unless we really have a lot less influence over the prices with our orders than whales do.
or more accurately, 10% are paper handed bishes….
may was brutal? id call it a rough patch if anything
maybe we’re just more stubborn than other investors! 😅
here we go come on lets push it buyin the dip buyin the dip
i mean, show me any evidence that refutes that as being a viable strategy
crypto to the: moon mars krypton
but who is may?
bruuuuuh i bought the dip...like 5 times...and it dipped more!
i just wish i had more cash on hand to increase my positions.
that is me right there
hmm, maybe buying the dip is a good investing strategy. i never thought of that
i didnt hear no bell
pfff they call mays sell-off "brutal"? ... amatures.
i mean why would you sell off
i doubled down at the sell-off. i am not buying to only make money, its the technology, it is the freedom. it amazes me how outsiders think it is only about the money for most of us!
just bought more. they are having a summer sale!
most of the people are not scared because they saw the 2018 crash and they know if bitcoin can survive 2018 crash it will survive anything now.
we gonna talk about how regional blackouts and power outages will affect crypto? seems our critical infrastructure in the u.s. is significantly underdeveloped and non-redundant.
what does not kill you makes you diamond.
buy the fucking dip
what may selloff? 😎😎😎
if you havnt been buying over the last couple weeks then you'll only be buying at higher prices. every crypto just hit the normalization trend after the hype drop off. this means its a slow and steady march up that could reach levels we cannot even imagine.
did someone say flash sale?
i’m in it for the long haul. these fluctuations are just part of it. just roll with it
there was a sell off?
of course not, just relax it will bounce back with great reward. this is why it’s important to believe in what your investing.
i joined crypto the week before the sell off started and i was not scared about it. i listened to the veterans when they started say hodl if you sell you loose.
i'm just getting started.
scared money do not make money.
they call me recession mike. i’ve spent some time in the dips.
i ain’t hear no bell…
seems like a lot are now smart with their investment despite the the correction although some tokens like utk & kono are still super bullish
so who were the ones selling then? 😂
uh, i already did buy more.
the selloff really made me do a deeper dive into the fundamentals of the technology and develop my investing thesis. i had to ask myself, what was i really buying and why. sad to say i knew nothing about the world of defi and it is a damn shame, but i can see the world changing before my eyes, and it is amazing!
hodlers hodl 1 btc = 1 btc
just have confidence in the projects you invest in and don’t get sucked into looking at the hourly and. things are a lot less stressful
just not sure what more to buy
i got into defi during the dip. aave currently but will expand at some point. very overwhelming so far. anybody knows something that works great with the polygon matic network?
fantastic spirit will surely be rewarded defi and crypto is the future the banking world cannot deny
proud 10%er here!! when in doubt buy more crypto
always buy the dip. they’re just sales ;)
s*** i was happy. thought i'd missed my chance to buy big. i lived through the rise of bitcoin and ethereum. i know what's coming
is this accurate? i bet there were a ton of spinach hands who sold their stuff and panicked and cried. if they follow a dork around twitter to make trades they will panic sell. they are just buying things based on trendy behavior. i highly doubt that people who study strong projects and blockchain ran and sold. they know what they got. day traders who d very little research will easily get plowed out of here.
'planning to buy more'. that's what they all say. somehow they always miss out.
how many cryptocurrency investors are planning to actually use their coins?
i waited until the sell off and bought all mine lol
i just bought the dip 🤷‍♂️
i was told btc would drop to 20,000. i was waiting to buy more when that happened.
you mean the fire sale? it was awesome! i still think 40k is a great price.
shit i was born with the dip bread by the dip!
i bought more twice in the last month
i'm buying as much as i responsibly can, in the projects i truly believe. hodling my way out of poverty!
i was very close to selling when bitcoin hit 31k. my finger was hovering over the coinbase button to sell. never did it though. lol
i bought as much as i could afford, well more than i had originally budgeted for that time span. but big dips like these are nothing but opportunities for future gains.
its just a flesh wound
i’m not trying to timing the market anymore. i just buy and hold.
a bunch of whales fucking themselves by overleveraging just put all my favorite cryptos on sale.
i'm small potatoes, just getting in but i bought the dip and already making money.
healthy market corrections have always been bullish.
i thank bogdanoff for the dump. stacking rn
wish it went lower for longer tbh. i'd have scooped up more
it helps alot if you are super lazy and cannot be bothered to put in a sell limit. lmao
lmao! they're crypto veterans!
that’s not the impression i got from this sub. was this survey before or after the recovery?
this is da wae
i do not sell my btc i only acquire more
getting over the psychology of not trying to time the dip has been challenging
90%? that’s baby numbers!
so if you sold when it dipped you're in the 90th percentile of weak hands. congrats!
this is me. i bought 4 more eth during this time
i just began this year to invest in bitcoins. i've absolutely too much to learn about that stuff.
they weren't scared away but they were scared shitless, checking charts every minute, hoping for the bounce
don't get me wrong i like cryptocurrency as much as y'all i do not see how this can possibly be true. sure, maybe after the selloff there is 87% but that is a pretty stupid metric. "the people who weren't scared and didnt sell arn't scared and did not sell". simply based on the crash itself suggests less than 87% of people held.
what?? brutal selloff?? i thought it was black friday i went on a shopping spree
tay in the wind
raises hand. still here
are the other 10% the ones who bought shib or safemoon
the only reason i "sold" was because that last dip on sunday morning partially liquidated me 🤦🏼‍♂️ otherwise i have not sold anything in over a year.
what are the cookies by your names
***crypto*** *is advancing in* ***tech***, big ***changes*** *ahead of hodlers right* ***now***.
just waiting for a good time where im not missing out on other opportunities
that was a mild dip. hardly "brutal".
straight up bought that dip
100% of people that i just surveyed said that surveys are stupid. but alas, they were also not scared by may's rough month and bought the dip(s)... i surveyed myself.
i think most were scared. that’s why there was a brutal selloff to begin with.
already did buy more and now i'm way up after today
me la pela el bear market 😂
so why did it drop in price lol???
i’ve been buying more. never know when we’ll get a thiscount of this magnitude. probably never again
dip those diamond hands into the nectar... yet once again
so you’re telling me that buying the dip and holding long term is what these people are doing?! psychotic
just doubling down on my algo.
ok. so another crash within three weeks?
oh come on. you were scared.
for those of us who already weathered at least one of the before (for me it’s since late-2013) we can see it always comes back and then goes higher. selling only leads to regret and with the us dollar inflating so much the likelihood of crypto going up is almost certain. it’s global so naturally it moves differently than the stock market alone and. i always say if you can’t stand the 80% correction you don’t deserve the 1,000% gains.
the beatings only made me stronger 💪😂
that was a nice sale, i wish people managed to buy the dip during the thiscounts! :)
buying more has always paid back for me and i’ve regretted everytime i’ve sold all holdings before regardless of profits.
i buy more every week. little by little, i'll build a fortune.
i did not sell anything if anything i brought more crypto... buy and hold y'all
i’ll just say, planning to buy more and actually doing it are further apart than they sound. source: bought at 2017% in the years following. despite my planning
when i first read the post, i thought who the f is may??? and why should we care about her selloff?? oh, now i get it, it’s time to go to bed :)
fuck no. i pulled 2k out of the markets thursday to put into crytpo and i plan on doing that slowly until i'm 80% crytpo, 20% stock.
lol that selloff was nothing imo coming from the 2017 actual selloff + crypto winter
lol and yet 90% of investors in the daily were shitting their pants when it tanked
not even a major drop by crypto standards. i didn’t even consider it enough of one to buy, but i’m certainly not selling or leaving over it.
mama did not raise no bitch
can confirm. been buying more all week.
threw , no ragerts today.
learned my lesson in 2017. sold about 75% of my holdings during that crash like an idiot. still up overall but not as much as i could be. no selling from me now no matter what happens
hey boss. chalk me up as part of that 90%.
not many people will admit they made a poor investment. claiming to wait and suggesting they will double down, makes it appear like they have a strategy.
i only see a buy button
“sell off” lol it’s already above 40k again. let’s see what heights it gets to during the next halving event.
i'm not taking a loss lol. i'll ride it all the way down to zero if i have to.
i buy every week
it's almost as if it was institutions causing the dip and the fundamentals have not changed it is just big money doing fucky business
yeah i'm still buying fluctuations are part of the gme
black friday sales comes once a year! but in crypto its almost 4 time in year ❤️❤️❤️❤️
one thing i love about crypto it makes stock loses look like nothing...10% in 1 day...psssssshhh!!
those people lied 🤥
i'll keep gobbling up the dips till i'm out of fiat
is it still in a good enough dip to buy now?
“be fearful when others are greedy”
it's almost as if cryptocurrency is volatile
i went on a buying spree. i literally tripled the money i had in crypto.
you can never go wrong buying dips on good projects.
i bought more. crypto is the future.
my . tits . are . jacked
its the only time i wished my portfolio approached worthless in order to buy more, ever.
may got over, and i already bought the dip, now to the mars, before someone else does
ayup. i sometimes think about how i could have sold when it peaked but then i remember i was never going to sell
are planning on buying more? we’re still waiting?
sometimes it be that way
what, you think i’m afraid to have nothing? that’s what i’ve always had.
all i saw in may was a cryptocurrency sale!
i don’t know why crypto investors look at red market days as bad days. i think across the board we should all stop referring to drops and red days with words like “pain” and “blood.” for anyone who plans to hold long term these are spectacular buying opportunities! if one believes in the long game of bitcoin reaching 1 million usd and beyond then any price below ,000,000.00 is a steal and if the price drops another 20% then it is even more of a steal. if the goal is to accumulate as much btc as possible over the next few years then red days are far more exciting than green days in the market. or maybe i’m just a masochist ;p
which don’t mean to be fair, a 90’t thiscriminate.
once you’ve weathered through massive potential loss but made it through it by not selling shit but accumulating more - nothing phases you 🤪
well of course i know him. he’s me.
so big institutions were the ones that sold?
haven't sold a token
you’re either up pretty big or you’re down pretty big. so not exactly surprising.
count me in this group. still holding, bought more bitcoin, doubled my litecoin, and added more to my alts.
i regret that i have but 2 kidneys to sell to buy the dip. …i need to stock up!
they should be more concerned the the us was able to divert , after it was sent to blackmailers. it's not as secure as you think.
been buying the dip!!!
lol... i lost a ton of money from both dips as well as from my bitcoin account running a python scrip that is trading inverse perpetual contracts from shorts. i bought in barely an hour after losing around 10k from my "can afford to lose... but honestly never thought i would account" lmao. i'm all in on this shit. literally.
i’m skeptical of everyone saying they’re just buying more, unless it’s part of a dca strategy or you’re investing like . if they are saying this, they’ve never been through a cycle before.
been holding for years. got more during the recent dip too. that’s how it’s done.
bitcoin is going somewhere, but along the journey there will be profit taking episodes like may 2021. china's crackdown on mining is a win-win. the lower the chinese hash rate, the better it is for north american miners, plus lower emissions to boot. el salvador is nothing but upside for bitcoin. michael saylor seems to think the us dollar will ultimately be a big winner too if more unbanked people come into the global financial system.
it's almost like we know how to zoom out
why would you be? 35k is a massive increase from the last year. i honestly expected it to go lower, still wouldn't have flinched.
i did buy it more than ever actually. it is kinda easy to see the institution’s game plan. accumulating…
buy the dip has officially made it into a major news publisher’s article. we’re trending up.
thing is... even if the market crash, i have no money. well... wait you guys have money? wait you guys still have a job?!
i did not panic that is for sure but as a newby in the crypto world it makes you wonder a lot of things. i bought dips so it was good. it also helps where i work at there are several people in the market so they give you good advice and some have been through the previous dips.
i already bought more
it definitely seemed like a buying opportunity to me.
90% of crypto investors are dumb and or dont do research. obviously it would go back up. remember kids if it goes to 0 you may lose but someone bigger loses harder. to many big people and organisations at this point are invested into btc. whether you like it or not its a digital gold standard that doesent mean you have to invest in it, find a project that you know is undervalued like cardano or something. watch, read, research. if your brain doesent hurt from info overload when you think of the crypto you have invested in then you are doing it wrong! if you havent learnt patience after losing enough money then take your money out and go find a financial advisor to invest for you.
ahhh, yes. the good old made up statistics. makes total sense that 90% didn’t scare, that’s exactly how the sell off got massive. makes sense.
fuck sellers and paper hands i didn’t sell one goddamn coin!
that’s funny because 90% of investors lose money too!
weird, it is like we all know fiat currencies around the world are on the brink of collapse.
planning to to buy? you mean you haven’t already?
no blood, no fear means the bottom is not in.
so they will bring another dump because they see that folks have not been scared enough!
that was a brutal sell off? jeeze what we’re all the other ones called?
yea i lost thousands and i haven’t sweated it. i think a majority of us are in for the long run
lets drop below 10k or w. crypto subs are so much more entertaining when there is panic.
you do not get tendies without the dip duh
i mean, i’ve been buying what i can afford ever since this latest shitshow started.
so what your saying is only 10% of people control 90% of the market?
already bought more and will continue to buy more. also, fuck musk!
dude dips don’t bother me. just hang in there, it’s all gonna be good with crypto.
it's almost as if 80% of those surveyed were lying
look i'm on team crypto but these type of headlines are dumb and should not be upvoted. anyone remember the 2008 crash ? gee if everyone is doing it, it must not be risky right? if 90% of the population is doing subprime mortgages it must not be risky right? i'm safe to go all in. i'm just trying to make the point that be careful with your money and do not overextend yourself beyond what you can afford to lose. none of this is a sure thing, do not let headlines like this fool you into thinking there is no risk because everyone is doing it.
the new generation of investors are all morons. we use stocks and crypto like bank accounts. buy, leave it there, take it out when we need it otherwise just hodl.
i'm sorry but investing in something that can make you a millionaire or homeless based on a single elon musk tweet is not smart. the market manipulation is so obvious i'm surprised no one investigated it or made it illegal for him to tweet about. elon musk says one thing, bitcoin goes down by 10k, then he say that he changed his mind and it goes up by 10k. also did everyone forget bitconnect scam? anyways, 💎🙌, apes together strong.
crypto is not going away anytime soon.
man why are crypto people so like emotional? it's trading and investing but it is talked about on here like some noble, epic battle.
dollar cost averaging like it’s my job.
who the fuck is "may" and where can i buy her selloff? first time hearing of this...
i wish i had more to buy the dip because i am strapped in and ready for takeoff. we’ve been higher and will go higher still.
you do not actually lose unless you sell low right?
i put 20% of my net worth the day before the crash. fail.
so much for an unbiased survey > 87% of respondents in a survey *”by cryptocurrency-asset broker voyager digital”* plan to buy more digital currencies in upcoming months. stop upvoting stupid shit. this is like asking someone in a strip club if they like naked bodies…. you really think a digital asset broker has any interest in producing research that is actually unbiased? come on. you guys are smarter than that, downvote this garbage.
if you don’t have the fortitude to hold through dips, even prolonged ones, you don’t deserve the gains. i cashed out near the top before the last major dip and put all the $(meh) then rebought 3x my old positions a couple weeks ago. i love the prices i was able to get this time around and i will never sell. i set up some monthly buys and now it’s just sit back, hold, and wait.
by the time you read about an investment in the wall street journal it’s already too late. picking a random date: in june 2013 btc was today it’s ,197. to get the same level of return as was experienced during that 8 year period btc needs to rise to **,082,840 per coin.** obviously that isn’t happening anytime soon…but people think get rich quick and plow money into meme coins or anything *low priced* to get a high return with minimal comparative investment. that’s not investing anymore. that’s truly gambling.
who are these 90% though and where did they poll them lmao you understand how many 90% is
keep buying more. still not too late but mid may was a great time to buy
i remember checking the on-chain analysis, there were about 75% of wallets holding btc which were still in the green based on their average price. the numbers does make sense, and this is probably why we have higher floors now.
i mean i was scared, but i’m planning to buy more
crypto wouldn’t have gone down if 90% would have had diamond hands. they must of only surveyed diamond handed people.
i got excited when it dipped honestly. shit was on sale.
they bought the dip, the true holders.
ohh god it crashed i cannot buy anymore! i'll just wait til it hits new highs and is on the news again so i can buy peak again.
i thought it was saying may was the last name of some rich person who did a massive selloff and i was thinking like "who's may?"
we am not dumb.
i actually “conveniently” had to pull out my money from crypto to pay for car repairs 4 days before everything started to tank and i’m honestly just grateful that i get to restart my buying at basically the same price points i did the first time i started. in a weird way it worked out perfectly for me.
if 90% of people weren't scared off there wouldn't of been a selloff. lmao
was a good entry point and a good time to get more tbh. i'm more afraid of not being able to retire with my current income.
rip to the 10% that panic sold.
i have to admit that i thought about selling, but decided to stick it out- i'm still in on weekly buys. i treat it as a 401k.
me, the intellectual: “who is may?”
planning to? i bought more. lots more.
when it dips, my only regret is not having more cash to buy more.
sounds like a floor bitch
i bought, then i bought more.
i have not sold shit. other than to buy ammo. hold, buy, buy, buy.
never stopped buying. never stopped hodling.
what about the people that sold
yep, as soon as i extract wealth from the hedgies, it is going into other investments
that's because the sell-off was market manipulation
so how did that sell-off happen in the first place
these hedge fucks don’t know who they messing with
yup! just as soon as it crashes. . . again.
to be fair i am just waiting for a spike to sell
so 10% of people were scared?
if you follow the main rules of investing in crypto, you will be fine, the first rule is to never invest your own money.
that headline does not make any sense... this would mean that the same 90% of investors did sell atleast some of their crypto at a lower value and then plan to buy back at a higher value?
if your portfolio contain btc and eth, of course you wont be scared. buy the dip and dca all the way. these 2 giants will always be here. ' but if your portfolio 100% on meme coin... its a different story. lol
i wouldn’t say they have no value anymore
may was brutal? last march was much worse than that.
it’s because i just got into crypto, it can only go up from here!
i know what they like.
i do not even know who this woman is, no way she is scaring me off from enough coins to be a virtual scrooge mcduck
dollar cost averaging - this is the way
yeah okay and raul castro got 99% of the vote. i call bullshit.
its heaping me bring down my average coin prices
jokes on them, i do not even know who may is.
the sell off was from newbies. us diamond hands will never sell and will keep buying the dips.
what is this... “sell”?
invested in 2017 after years of my friend had been bothering me for 7 years to invest some. started right before the huge bullrush and continued to buy up to all time highs. saw it drop to almost nothing in 2018 and shrugged. bitcoin and others always go back up again. sold a bunch this year to make back initial investment. now just deciding whether to ride high on pure profits or invest more.
it wasn’t that “brutal” your fud engine runs on bullshit
hah. i already did. i doubled my investment. i am now half way to 100 yen
thank you for this hopium statistic with 85% basis in reality.
bought more, and i plan to buy more if it goes lower. bring it.
lmao she looks so proud
* surveyed sample from dubious sources like r^
lol 10% bought at 64k
lol who the f sold then?
anyone buying mina these days?
the fundamentals didn’t change. new regulation was almost certainly the cause of the dip
yes. this is how it works. it goes up. it goes down. it's part of the game.
people act like you can’t make money from dips. selling put options helps too
we're all gonna make it.
how exactly do you ban cryptocurrency?
nearly anywhere in the area for 25 years.
the rest 10% are active here on this thread
i am bullish on eth and btc in the long-run too! did some analysis myself, think we are almost done with the dip. in the short-term, may go down slightly than move sideways before continuing to moon 🚀 based on on-chain data from glassnode. 1. exchange net outflow, low exchange supply, less selling >> sideways 2. futures funding rate low = less longs = less volatility >> sideways 3. most eth hodlers still in profit >> fall slightly as people sell 4. whales are accumulating cheap eth >> sideways if wanna see the charts, can watch the video of my analysis >> . let me know if this analysis helps! planning to do more to help the community! since sideways market is here to stay for a few months. what i'm doing is to stake my eth in lps and use this time to accumulate, buy on dips, while waiting for the next 🚀 🚀 🚀
of course. at this rate they are just thiscounted lol.
true story, went from fomo to dca
is almost as if this happens all the time lol
you do not lose anything until you sell.
we just know that 1 btc=1 btc, if you dont believe in the proyect, go to wsb.
but bitcoin is a scam. a trustworthy source (trump) and the wef told me that. surely it must be true.
i suppose thats why we had all the doomsday news, suicide hotlines and general despair topics being spammed here every day. yup...
90% of investors are also eating ramen dinners like me?
how many people were surveyed? bigger pools are better for these kinds of things.
got in early may during the aths. luckily i did not dump my entire load all at once, and i believe in my investments, so i've been buying the ride down. the may 16 crash taught me to respect the market, that is for sure.
can you truly call crypto decentralised, if one tweet pumps the price... i was always pro-crypto but ever since i've seen the elon influence on it i became a bit sceptical, especially since he can so easily influence the price movement.
hedge funds cannot scare us off anymore. the narrative is now a religion. crypto is this generation's money, and nothing can stop religion.
this looks like possibly the largest case study of the endowment effect ever conducted
well, those who were early are still in profit. those who were late took this opportunity to accumulate a little more or reenter at a better entrypoint. knowing nothing, just looking back in the charts a little, you can see those crashes and bullruns go in cycle. there could be a bear for several years, at one point it will pump and you will make money (maybe not if you're a memecoin maximalist though). the only "horrible" thing that could happen is a complete crypto shutdown. i do not even know what could trigger that, so there will certainly be bigger problems than money at this time.
the best is yet to come. these investors realize that the future belongs to bitcoin and crypto currencies. those with a short-term view will panic, while others will accumulate to benefit in the months and years to come. it's up to everyone to make choices to protect their money future.
if you were fazed by the sell off, you were in it for the wrong reasons. i have concerns about the future but i have invested for the long term potential and this sell off is not indicative of anything.
how can you hold your girlfriend's ass with 'em paper hands? ;)
what people dont get is that we like it when prices go down
let's all crash again on the wall.
i’ve seen so many dips’m just immune. i’ll continue my weekly dca until the guys at work start talking about crypto, that’s my top signal, then i’ll sell a chunk to lock some gains and return to the ways of dca.
because of course the best thing to do is wait for a higher price and buy at the top. going to just keep buying doge and eth and mana until i get rich or go broke
it's kinda bs artcile imo, of course they were scared, or the price didnt fall like that. that does not mean they are not buying again, but most of those people will be buying the top again
good people do hold
i'm one of them. 😁
yet msm tries to push a narrative that everyone has abandoned crypto.
i invested with the thought of not being able to acces that money for a long time, so when the crash happened i was like "oh no, anyway" and procede to buy more
who's may and why is she selling off... buy buy 💎👐
well… price trends seems to thisagree, a lot of people got burned, but it’s a good thing. in crypto you have to have diamond hands! it’s a learning curve:)
short-term fluctuations are irrelevant for long-term investors anyway.
to be fair, i was a bit scared. but not as scared as the strength of my diamond hands
they sure sold low tho did not they
another caption "10% of investors do not know how investing actually works"
hodl till you die, then buy more at the dips. that is the way.
at this point graphic cards will never be in stock longer than 10 seconds
that's right we keep buying the dip, crypto gang loves their salsa
may was just all about buying the dip and as it went dipper,we buy more;recently i have bought more than you can ever imagine bought matic,bnb,pnode,link,aave...bought several of them and at the moment,we're still going to btfd
good, now go buy forth and get me out of this damn hole. thanks.
i watched my portfolio more than half and sat there thinking, this is bullish af. at least i am more comfortable hodling now
life fucks most of us everyday, i will be happy to get fucked by crypto for a few years, if it means i'll be economically stable after that.
some retail needs to be shaken out or else it will keep going
you mean may’s amazing sale?
welp, this blew up! remember to only invest what you can afford to lose, and enjoy the friends you make along the way...
90% deez 🦕 🥜
this is why when people say we're in a bear market i never believe them. because in those same posts are people celebrating the price drop because they can buy more. many people new to the space are anxiously awaiting "the big drop" to dive in. but "the big drop" of an 80-90% bear market does not happen when people are celebrating drops and new investors are waiting to pounce.
the math does not work. only 10% sold but the crypto market dropped by half? that means those 10% would have to be whales. whales are typically hodlers. doesn't compute.
~~planning to~~ bought more.
buy the dip, hodl
hardly an unbiased sample though is it...?
lol only dumbasses fill out survey's.
i am part of that 90% except that i sold all my positions before the dip ;)
this explains why i'm winning on amp and eth
i hold and trade cryptos since 2015: ups and downs are how it works
this has got to be bullshit, since if 90% held
i regret not buying more during that dip
-50% brutal? we already survived -90%
ah… the age old overused 90% stat
im not scared, i bought the dip and the dip dipped.
like walton bufflocks says "i bought mustard cus i am not no bitch, always buy the dip pussies"
buying the dip always give big returns and that is why i did look for solid alts during the dip. found mel and learnt that their staking protocol will be available this june too. excited here!
they did not survey me!
buying the dip is the best choice. but buy a token with real use cases like link, matic, bump and sol is more appropriate.
i bought a lot more during the dip :)
i started investing into stock, starting with the pandemic. made a lot of money. then i jumped on the gme band wagon, made a shit load of money, got greedy, lost it all and more. i had a few sleepless nights before selling it all, for a huge loss. thanks to that i got resistent to dips. when the big dip a few weeks ago went down, i just thought "well ok, all my favorite coins are on sale". the stuff i buy, are things i believe have a future in the market, so dips do not worry me
i am a 2-month rookie and not worried at all. by my reading, this is nothing compared to the last winter. and yes, been buying the "dips."
brutal selloff...?? i thought that was a summer thiscount or something
it's ok. they will make the rich even more richer. xd
who the fuck did they ask? cuz i know they did not ask me. make that 91%
strong hodlers with diamond hands. now legs see what a real bear market would be like
ya right, it’s most likely 97%
and the other 10% were liquidated
i haven’t sold, stuck at 47k but not worried at all
>voyager said its results were based on a sample set of more than 1.6 million verified users in an anonymous online survey. respondents were chosen based on a "highly active trader status" on the platform, with those users executing between 50 to 100 trades over a 30-day period. it says only the users executing day trades were asked. those are the people most into crypto. that's like asking people at a flat earth convention whether the earth is flat.
of course. i also plan to buy even more for my ownr wallet. hodl is my life.
does this mean we can stop getting those posts telling us to stop panicking now?
is riley reid getting into crypto now?
this just shows you crypto is here to stay. its only getting bigger and it cant be stopped. cat is out of the bag!!
i have a feeling we have some liars in this survey lol. if this is true, why did retail sell so hard?
hell yeah, stay strong folks!
hey, other 10%, what's your problem?
brutal sell-off of 50% after a 500% gain…. the financial news industry is trying to save itself by going into crypto 8:00am headline: huge 10% increase in crypto market, is it too late to buy? what the experts say. 8:01am headline: brutal 10% drop in crypto, is it time to sell. what the experts say. 8:02am etc.
always buy when there is a sale
absolutely, if you believe that blockchain revolution is gonna be bigger than the internet you stay put! where else can you make such returns?!
that’s right bredren, sacred money don’t make money
diamond fucking hands. 💎 🙌
buy more ...🧐. way more!!! i’m not smart enough to be scared 😱
putting in every dollar possible… so my wife and her boyfriend can live comfortably.
only bitcoin has this appeal to me. the infinity coins like eth literally defeated the original purpose of bitcoin. as a result it will always be inferior to bitcoin from a price standpoint. and if they do go to pos successful, bitcoin will adopt it. i understand the benefits of monero, but the rest of the coins are just crappy currency. it does not matter if you downvote me. i've been correct about everything so far and have a bunch of money. my competitive advantage is that i actually took the time to understand the tech.
mama did not raise no paper hand
please check out hummingbird finance. the devs are active and community very responsive.
the fact that no one who has held on to bitcoin for 3 years has ever lost any money speaks volumes.
i mean, it depends heavily on where you park that investment. someone shared some statistic recently that only a few of the top 50 or so cryptos from x years ago (i forget) are still around. so you really should be evaluating which cryptos will stand the test of time.
yes, or dollar cost average if you can
i’m a newbie to crypto and i setup reoccurring dca into . considering doing the same with eth and btc
unless you buy the 80% of crypto’s that don’t recover
i know man, think they’re on to something there
they still have money?
the past does not predict future performance, but i do not have anything better to go on so buy more and hodl.
literally buying **at any point** would have payed off if you waited long enough.
yeah but that’s with stocks. crypto is sorta kinda uncharted territory in many ways, no?
hodling pays off in the long run.
not sure what was more exciting. lower entry point to buy or aths 🤔
it's our motto after all
what ever does not kill you, makes you stronger. same principle applies to hodling your bags!
it's almost like crypto has had predictive drops every year. like nobody is going to be surprised when crypto tanks right before thanksgiving...because it happens every fucking year.
this makes me very bearish. markets don’t let 90% of investors always be right. we need more pain.
yeah! and it is almost like there is entire countries using it now! oh, wait, there is!
we bought the dip!
as i learned from wsb, the tendies do not taste as good if you do not buy the dip.
buying the dips tend to outperform regular trader over a long time span. trading is profitable only if you are skilled. most traders lose money :(
in a few years, you may not even be able to notice this dip on the charts.
for real, anyone remembers the "top" of roughly 10k in 2017? even if you bought the top then, today it would 3x your money in just a handful of years. and this has been a recurring theme for over a decade. and we're still just starting to see real mainstream adoption so plenty of room to grow. in 10 years people buying today will be thought of as early adopters.
someday it would not. pretty sure that day is not today.
tendies taste better with the dip
sure looks like that😎
these people who did the survey obviously lie. i remember 3 weeks ago everyone was panicking on reddit and i was getting downvoted for saying that . last years i figured out that the best strategy is just to buy the panic and sell the hype. it works for everything, not only crypto.
exactly. anyone who was scared off by the big dip probably does not have the stomach for investing anyway. the long-term dcaers just see it as a bump in the road and the day traders just kept on doing their thing. both saw it as a buying opportunity.
having bought dip with my doritos has in hindsight always been a good idea. so what dip you buying?
scared? of course we’re scared. you’d have to be crazy not to be scared. we just have titanium sacks baby.
i remember people ‘buying the dip’ shortly after the dot com boom
i’m waiting for a real dip before i go balls deep, might have to wait for 2022
this is real though, when the markets crashed the only thing i learned is how important it is to keep cash on hand. not every penny has to be invested
take a loan jk, do not do it. seriously, do not !
just got a 12% raise and made my dca 12% more
waiting for the next pay day... 🤷‍♂️
i have money but i want more dip
thats why crypto spikes on paydays.
gotta put the effort on that fiat mining job of yours
same issue i have every dip! 😥
sell low buy high
same here mate. worst part is i’ve been trying to do some freelancing to earn but no luck.
bruh, just sell crypto to get money. oh wait...
you and i buddy, you and i
i want to buy more, but it will drop as soon as i do. everyone seems so happy, i cannot bring myself to ruin it.
i have to sell some because i need the cash and do not have the time to set up a defi loan at all. big sad
ah, you did not follow the old 'buy high, sell low' strategy. smart move...
it’s become “buy high, buy low, hold”
i invested heavily this year, made a lot of money and was smart to take a lot of profit. then i said bah and reinvested it in crypto and here we are.
yeah if you bought at the top, why not average down.
same the first time i bought crypto was on may 13th. i bought in when everything was at it’s all time highs. it was super easy to dca all the dips after that.
i’m sorry i laughed at this so hard. you’re not wrong. have a free silver!
you and i both. ended up playing in around 5x what i initially wanted buying up the dips. equal parts being stubborn, being on tilt, and logically dca.
did you buy an hour before elon sent that tweet out too?
yup same here. got in at 58k, been buying all the way down.
same, bought at the top. felt crap when soon after it was dropping and wondered if i'd made a big mistake. bought twice as much in the dips. it really did feel like sale time. my average buy in is now much lower. happy days
if you liked it at ,000, you’re gonna love it at ,000.
same man. bought the top and now got my average down to £1800 holding my 2 eth
now you buy the lower your costs average so when you sell one day hopefully the price will outweigh your cost average and you'll profit. this is the way
i mean, that is the thing. if you bought at the top, you believed it would go up. if it dips, you should see that as nothing but thiscounts. without a significant reason, why would anyone do anything but hodl or buy more when you can get a thiscount? day trading is for pussies. it takes .
nothing wrong with being a little bitch... jk, congrats on your diamond hands :)
i was not all too scared and i was buying. which means you've a heftier sack than me.
wouldnt the fact that there was a major sell contradict the idea that 90%of people weren't scared? sounds like they only surveyed hodlers
glad to be not the only one xd
oh wait, are you saying there are ... - 90% not scared and buying more ... and ... - 10% scared and buying more anyways? idk why but this kinda sounds bullish.
i was more like “i totally planned this dip, now i can buy more!” in reality, i’m butt hurt because some of that money was supposed to be used to fix my car and i just bought eth to maybe get a little bit of extra money for holding it for a few weeks.
you made the right choice, even though it was difficult. good job!
seems like you are ahead of the game. friendly reminder dca goes both ways(if you want it too. what i'm trying to say in my drunken way is have an exit strategy(doesn't have to be the entire amount)).
i’m pretty sure more than 10% of people were scared lol
i panic bought, because i was scared btc may never be this cheap again
lol that is what i did, bought in high, price dropped, then panicked bought my average price per btc down to a good average
i'd also reckon people scared away from the crypto space are less likely to respond to cryptocurrency surveys
when i started seeing -1000 on my balance i first was mortified, then some sort of peaceful acceptance. fuck it, how low can it go? turns out it wouldn't go lower. point is, i was not scared away, did not sell and now i'm vaccinated against the dips.
for example; me. keep eating ramens.
yea the article specifies crypto investors. i imagine people who got scared and sold are no longer crypto investors and not taking surveys about it.
i just bought my first crypto today. just anecdotal, but it did not scare me!
good point, a lot of the steep gains in the past have come from the hype, and an influx of new investors. which we may not see for a while again.
i'm having a hard time reading this as anything other than "cryptocurrency investors interested in investing in cryptocurrencies".
also anyone using voyager is probably more knowledgeable about crypto than someone using robinhood
crypto investors are also **much** more enthusiastic than other investors.
those people really need to zoom the fuck out. but you are correct.
yeah, i feel like it is easier to keep holding when you're still well in profit after a 50% drop. i started buying crypto in jan 2019, and while my portfolio is not looking as hot as it was a few months ago, i'm still up a ton on my original investment. i always saw this as a more long term play anyway, so it is kind of whatever in the meantime.
to this you can add amount which a person invests. investing lower amounts of fiat may cause investor to be more persistent with holding, especially if we are talking about newcomers. also there is always methodological question of representativeness of a given sample, especially when we are about to draw general conclusions.
100% this. when you’re slaving away everyday in the capitalist grind, it seems like the only viable escape sometimes. the same reason millions of people are holding gme. because why not? if the worst happens they basically end up in the same place they started….poor.
i know a couple of people who are putting their money into crypto as property here (australia) is unaffordable. it's a gamble, but probably a pretty decent one.
it's easy to hold when you're still up.
doge aside those were some great picks, btc
us peasants don’t control the market
oh man, if they are calling that brutal, idk how they will cope with a crash
bruh you've been talking about how fucked cryptos are all month 😂
just a heads up, you're only supposed to chew it, not *eat* it.
actually, i'm here to make 1000 acres in the middle of nowhere money and sit on the porch with iced tea, as i listen to my solar powered asics hum. we're on the same side; but we am not the same.
us plebes in the 90% do not have the cash that the 10% do!
"90% of crypto investors say they wish they would bought more ramen"
i feel like society has been getting dumber and dumber.
most of these people dumped their money into meme coins because tiktok influencers told them to. they are not getting smarter, there is just more of them now.
it's 'would have', never 'would of'. rejoice, for you have been blessed by couldwouldshouldbot!
9 year old coin that looks like a silicon valley meme, based on bitcoin framework, still outside the top 500 after nearly a decade.
i tripled my position too. now i have .
they will near certainly be buying otc
we had no crypto in 2008.
2018 but yeah. i think we have broken the cycle. institutional investors and worldwide understanding of crypto has changed the game.
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consensus is what is meant by decentralisation.
electrum and electron cash
that’s how you get diamond hands. you start out with regular hands, then you get burned until they blacken into coal. then you get squeezed by fud and you get burned some more. eventually, diamond. it’s just science.
it is just a small number of people for the survey. it does not mean that they ask all holders across the world.
my hat goes off to you vets for believing in this when the rest of us were clueless. when people say "it is still early to buy" that means you vets were in on some experimental technology that easily could have taken you for your hard earned money. it's because of you all that this is even still going. with that said, if you bought bitcoin just a year ago you'd still be in the green right now.
listen carefully. have you ever considered the value of owning your very own set of encyclopedias?
but it is been a tough 3 years, that is for sure
history does not guarantee future performance, but sheeeeeyyiiitttt, it helps me sleep at night
let's talk about their psychology lol. last 3 weeks were a truly hell for me. i cannot even imagine how they stand all those fluctuations for years. i think they deserved it.
not really, it is existed for only 12 years, and has only existed during a massive global economic bull run. pretty much every major asset has massively increased in value for any 3 year period since 2009. crypto has generally increased much more, but i'm willing to bet it will fall much harder in a global bear market than anything else as well.
yeah bet it helps :)
wait, we're supposed to hold on to bitcoin?
yea and the whales own over 3 billion dollars worth, they make it spike and dip any moment they want
and yet anybody who bought since january has lost money. not only has btc not increased and stayed up since then, it is actually decreased. meanwhile eth sitting there happily £850 up.
if this is true then why are so many people butthurt about elon musk?
i thought newcomers will be scared though
now do icx or any other trend coin back trading is easy
may not have lost any money but definitely lost lots of hair.
it is shuffling money between the invested. there is not additional value and it sucks up electricity. at some point it will hit a peak, and not be able to acquire new investors then the shuffle will have to resolve.
it does not lol. everything is obvious in hindsight.
nov 30 2013 - feb 24 2017 - does that look like 3 years to you?
every 3-4 year block since the creation of bitcoin (and most other cryptos), if you hold you will have more value.
yes that is good but the past doesn’t always predict the future.
and the vast majority who sold after a month lost money.
eth and btc will be fine. i'm okay with just taking those returns, if crypto does well they will do well.
i just kept the big cap ones and did fine. the side projects and oddball tokens i picked basically went to zero.
the market is more mature now, so more projects will survive this time. i probably should allocate more into top 20 coins though.
only 12% of the top 100 cryptos reached and. 88% either didn’t or outright failed and you lost everything.
anyone buying anything out side of the top 3 either 1. are experienced and understand fundamental crypto analysis or 2. are idiots that are following the click bait shit that people are posting on twitter and youtube to try to get rich quick
yup, keep converting those shitty dollars
exactly. it’s proven to be more successful than buying in lump sums
i think ada is a good project and have a considerable portion of my investment there... but you should really have btc and eth in your portfolio too.
if history repeats, fyi, cardano will most likely sink back down 50% again like it did after the 2017 run. just so you're aware, and can hedge or protect yourself against losses as you see fit. if you're hoping for a moon, great. if you're playing with money you'd prefer not to have lose half its value until the next bull run... i'd recommend the smaller play in ada and more in btc. up to you, obviously, just be aware of your risk and set your loss expectations appropriately.
you are an idiot investor. you dca into all the wrong stuff. you need to spend .
have you looked into amp at all?
i prefer to stake my ada in freeway supercharger staking products 20% roi but you can choose to supercharge eth, btc, usd, bnb and even euro!
literally just did the exact same thing, same amount for eth
they should read a few posts here, and learn the true definition of an echo chamber :)
buying the dip - easy buying the dip after the dip - hard
no, but they had some organs to sell.
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people can forget that cash is a position.
yeah i feel this hard, i was not prepared and way overextended trying to catch every dip, did not have any cash for the low 30s :'( oh well, learned some about my risk tolerance too lmao
it’s just hard when the dip keeps on dipping multiple times
i dcad down the dip but ran out of cash last week.
keep some money in a bond focused mutual fund. usually handles crashes pretty well and returns much better than a savings account.
people who take a loan to invest in crypto are basically gambling addicts.
i can give a .
so what youre saying is... do it?
you guys getting paid??
i have money and get a decent pay, it is just that i have literally just bought a house so i need to furnish it, and my car decided to break. so i have to use my money wisely for the time being. people will say investing is wise, but using the money for what you really need it is wiser.
sell low, buy high. this is the way.
my parents have less money than me 😂 plus i'm a grown adult.
real life has to come first so it is okay.
buy high, sell high, get higher.
buy high, buy low, sell when you reach your financial goal. if you accumulate enough to retire on and that is what you want, go for it.
buy, buy, buy, buy...
vet at .25 woop woop!
exactly what happened to me lol... the good thing is that i have not sold so i have not lost, my portfolio is just a bit down
that's what i did - just got to calm yourself down when you have thoughts like "what if bitcoin really is dead this time" with "eh so what, i've invested what i can lose, i have plenty of time to make more money"
really though nothing wrong with it right?
i think being scared and still standing strong makes one the opposite of a bitch, honestly. it's quite literally facing your fears. george st. pierre is one the mma goats and he said he was terrified before every fight. i think being a bitch really depends on how you approach your fears.
this is a good explanation :-)
or you're just richer than he is
it could also mean a large percentage of the selloff was people being forced to sell because they were trading with leverage, and their position got liquidated.
*ooooh* he can afford ramen, mr.moneybags over here. i sell my ramen to crack heads outside my apartment for fifty cents so i can buy more crypto. meanwhile i just eat the paint chips off my wall
welcome! now you better buckle up, this is a crazy ride
welcome to the crypto club
congrats! you're one of us now! 🤡
i was petrified. i thought i was going to die the entire time i was buying . at least tomorrow i'll be able to afford a lambo.
> a lot of the steep gains in the past have come from the hype, and an influx of new investors you’re literally describing a pyramid scheme.
i would not worry about that to much, google searches for 'how to buy btc' or amount of the new wallets still lower then in 2017. and there were not many inflation fears then. this was mostly institutions.
i'm wondering if their survey method was "ask people who show up at our website (to buy crypto) if they are interested in buying crypto".
a lot of people lost their money though. it's a miracle for the ones that got it early that they didnt lose it or get it stolen especially since the biggest exchange went bankrupt in 2013.
exactly - plus it add a little excitement to your life - as long as you invest what you can lose
yeah that’s what’s happening here too.
yeap. that was barely a crash
looks like i've been bubblegumming the wrong way all these years.
i approve but that much land seems daunting to me. i just need a few of those middle-of-nowhere acres.
what in crypto would you suggest to invest £5k into tomorrow ?
well glad i’m not the only one in the single digits. 😎
agreed, so then why is the price dropping if no one is selling lmao???
if 90% of the population is doing subprime mortgages it must not be risky right? i'm safe to go all in. i'm just trying to make the point that be careful with your money and do not overextend yourself beyond what you can afford to lose. none of this is a sure thing, do not let headlines like this fool you into thinking there is no risk because everyone is doing it.
**tldr**: bought drugs with btc, sent 0.5btc to old wallet address lost password to. got extremely lucky to get password back through about two weeks of work and got sober idk how other people got in, but i started buying btc in 2015 to buy drugs (i'm sober now). i had an old wallet that i texted myself the password to, but one day my phone just died randomly and could not be recovered. i thought, no problem i do not hold any btc anyway i just buy drugs right away. but one day i accidently sent about . for about 30 seconds i freaked out and realized it is whatever lesson learned, went and bought another fast forward two years (2017 bull run) and btc is at almost . i realize that old "lost" was worth almost . i messaged my friend that has some hacking tools and told him i'd give him half if he can brute force it. so he tries, unfortunately i made my password like completely random 18 characters which is basically impossible to brute force. then he told me we might have a chance if i remembered kind of what the password was like and to create a bunch of random passwords similar in style to it and he could use like machine learning or something to create passwords in that style. so i made list of 100 passwords that were around the same length and around the same style (by style i mean i thought i kind of remembered the pattern of my fingers typing the password and which characters were capitalized or numbers etc). but that did not work either. after that i moved on to reaching out to my phone carrier and asking if they can access past texts i sent to myself, but they said it was impossible to see the contents of the messages, only times and dates (i still do not know if i believe that because do not they give contents to police or lawyers in law cases?). i ended up reaching out to their legal department and whatever department i thought could help but it did not work after a couple days of trying different support numbers i got to this guy that said it is possible to restore messages up to 3 years old if i had the carriers premium plan or whatever. i never paid for the premium plan, but i happened to have it i guess from getting it for free for a couple years for buying a new phone? anyway this premium plan came with like the cloud version of this company's data servers so i restored all my text messages. luckily i knew i sent it to myself so i knew where to look. i found it and it literally was within the cutoff of restorable messages by **less than a month**. i was soooo insanely lucky so anyway i took that 10 grand and started doing a ton of research on crypto instead of just for buying drugs. i invested in several alts and hit on some and missed on some, but mostly i've done pretty good. i know that was a long read but if you made it this far i hope you enjoyed the story lol edit: i found the old 100 password txt document lmao. if anyone is interested i put it all into pastebin: looking at this and i remember the first two passwords were real passwords i used on other wallets, the other 98 are made while trying to imitate the way i originally made the "random" passwords (pro tip: humans cannot actually make anything truly random which was the idea of this list, we all have certain ways we subconsciously do "random")
even if you just bought btc >6 months ago you’d still be in the green. it’s magnified if you go back even further.
it’s almost as good as my nft of an encyclopedia set
especially since that is like 15 in crypto years
the tough part was not buying more.
i held amd for a lot longer than that.
i have seen this multiple times, not worried at all. just dca and hodl, it is the way
how has it only been three years
honestly not if you invested what you could afford to lose and have belief in the project.
3 years in crypto is like a humam lifetime span
might have traded 3 years off my life, but worth...
i actually did ok last 3 years but lost all that profit in may’s crash. still hesitant to bring in new money and would rather keep playing w house money at this point. guess i’m in the vast minority tho :(
why? you know it goes up, why stress?
if by tough you mean doing nothing, then yeah, i guess.
*stays awake in german*
nothing scares me anymore i can lose chunks of money that would make 2015 me want punch myself in the face with no more than a chuckle and a shrug now.
i finally got in for real like 3 weeks before that huge crash. still here. still up over all from what i've put in thanks to some decent calls on some shitcoins.😎 🛡️🚀🌕
if you do not check the charts regularly, at some point you will forget the price you bought into, holding became easy. sort of like: "huh, did i bought in at 15k or 5k? anyway, does not matter, moving on"
8 years here. no words can describe it.
why does it bother you when you know in 5 years you'll be able to afford milk because the dollar is crashing hard? owning crypto is necessary to be able to even afford anything in the near future.
you must be new. i promise it gets easier.
it gets easier once the fluctuation is from rich to just less rich
> last 3 weeks were a truly hell for me. tell me about it. i've had to listen to my extremist relative's lectures about how cryptocurrencies were the last big bubble created to rob us before the overthrow of the world order.
after surviving a cycle, you tend to get used to it. i admit i cracked last cycle and sold off but it was a mistake on hindsight. now this cycle, these fluctuations do not really bother me. diamond hands forged in fire.
if you fomo'd you are worried. if you bought in years ago and held, your still sitting on amazing gains.
take profits! if you have done that, then the dips are manageable, and you might feel better about buying more too.
or not, when people realize it’s the best option to “real” money...
i love staking eth :)
would you consider like algo and nano to be side projects? did all your investments even out or break even?
is there a list of this?
*usd - the original shitcoin*
where has it been proven? in the conventional investing world, lump sum is shown to generate superior returns on average compared to dca. that said, it’s a bit of a misnomer. when most people say dca, they just mean investing money when they have it, which is really just lump sum investing whenever you have the funds. dca in papers comparing the two is more of “i have , but i feel that investing it all right now is risky so i’m going to try to time the market by investing some amount of that .” you’d be better off investing that *today* on average (in the stock market, at least).
yeah still remember when i used to talk to coworkers in 2018-2019 about crypto and they were telling me how they were 90% down on “shitcoins” like cardano after the 2018 crash lmao
a dip is exactly when it is perfect to dca, you'll never time the bottom but if you know it will trend down and you're still bullish you should absolutely dca as it trends down and then hopefully back up, if your bullish thesis is correct.
by the way i am a god darn financial advisor so you can trust me.
how on earth do you get 20% staking rewards for ada when the average stake returns 5-5.25 percent?
he didn’t say that another person did.
i bought the 50k dip :(
buying the ath after elon shits on it - real og shit
tell my kidney about it
they must have sacrificed a lot of…. church music.
hey, god gave you 2 kidneys for a reason
i hear the kidneyswap finance dex is getting popular these days. people can add liquidity by trading a pair.
whats the tokenomics of cash tho?
i love that statement. there are people, particularly millenial investors who are learning about saving and investing from their crypto experience, and that is concerning. crypto is just one asset class (a brand new one). cash is an asset class, stocks and bonds are asset classes. real estate, and so on. i'm crypto-forward, but as a small investor i cannot allow it to overwrite the rules of gravity.
totally agreed. i always used to think that its waste having money sitting here, but now, its an actual position in my portfolio.
let's not forget that more than half of the world(no sources) does not even know what a debit card is
take a dai loan by keeping existing eth as collateral. buy more eth with dai. rinse and repeat.
ive seriously considered pulling out a 2yr 0%apr for the first year and then 3%apr 50k loan and putting it in a 14%apr(compounded daily) staking account. so basically after i pay off the loan id profit like .
hey, i paid that debt off in 24 hours. it's only an addiction if it bleeds you dry and drags you and everyone around you down into a pit of despair. if it does not it is called doing business. :d
correct, for retail investors it is deadly. when hnw people and institutions do it, they call it hedging.
yeah, saylor is such an addict. kidding, folks. collateralized loans are not the same. in fact, they really shouldn’t be thought of as *loans*, loans.
>people who ~~take a loan to~~ invest in crypto are basically gambling addicts. ftfy
you guys have a job?
that's what i was wondering.
"can a man still be brave if he is afraid?" "that is the only time a man can be brave." -ned stark
i love a good bowl of asbestos and saliva in the morning.
aren't they like .20 a pack, and you are selling them for .50? that's like a 150% gain, where are your hobos at? you about to get some competition.
with that logic gold is also just a pyramid scheme.
yeah, and? that’s what this has always been.
exactly this, basically up until trezor and ledger came out there was not real way for the average pleb like myself to keep my coins safe without either trusting another service or going down the flash drive encryption road neither being very good. now a days the ease of use is incredible compared to how things used to be and i only started buying in 2016, i can only imagine how things were at the very start. the ability to actually have my wealth stored away in secret.
hit me up when we're satoshi millionaires we can be neighbors!
honestly? none. most charts look broken. too many people are talking about it now. i'd say there is an 80% chance we're in the death throes of the bullrun at this point. wait a year until your fb feed is not littered with doge ads and when nobody gives a shit about it anymore. then spread it across btc, and a handful of other midcaps that have good teams. then wait another 2-3 years.
this is fucking insane
the moral of the story - good things come from buying drugs
that is amazing. i'm glad you're clean now.
how large was your erection when you got those historical texts, diamond hard?
lmao i also got into it to buy drugs years ago but did not leave much in my wallet...
how far off was your password from your guesses?
i made it... cool story!
you're the best drug addict ever! great story and congrats on sobriety
that’s what i’m talking about right there. that struggle is so real, thanks for sharing your story.
ok wtf! held bitcoin from ... “i invested them in several alts” you were doing just fine already holding the only thing that’s getting adopted on a country level. i suspect you’ll wish you re-lost the keys again at some point.
do you know how your friend made the machine guess the style from the 100 passwords? there's a giveaway to crack where i live :) we can split a car
well that... was a wild ride
damn that is crazy
imagine what said drug dealers net worth is now. lol
tl;dr = drugs make money
lesson for the kids: drugs + hard work = bitcoin fortunes.
that was wild ride glad it worked out
glad your sober, but the average reader only reads about 15sec of a post, or article.
i'd give you gold if i had any money left from buying these dips haha
you mean 15 centuries
especially considering 2 months is long term for me
and like 21 in dog years
y'all, i have started aging since my crypto investment, no joke.
i did that on my fwt and reef this week and i felt like i am satisfied with the result.
i've lost & made money during this crash from different accounts... the hardest part during all of this has been not giving into fomo and dumping even money i cannot afford to lose into crypto when it is this low. i know its stupid... but i've had to fight every urge not to dump it all because i feel(more know) this is a flash sale.
who needs sleep when you can look at charts?
agreed. dips stopped bothering me awhile back. heavy gains make me nervous now.
oh my god so much. every time it goes up, i’m dreading it. keep it low, let me buy more. i’ll be happy for a price increase late on down the road when i want to sell, but that’s a long way off.
bubbles are way more stressful than crashes
same. my friends new to investing r like “dude, how do you lose so much and not freak out?” *shrug* been there, done that. itll be back eventually.
yeah we'll see... this subreddit is so delusional it is insane
i’d consider pretty much anything below the top ten coins by market cap to have the potential to go down between 90-100% in a true bear market (what we have now is a baby bear at worst). i made many times on the big caps holding through the last bear and went to zero or near zero on mycelium wallet token and bitshares. there might have been others.
top 20 coins as in the 20 coins with the highest market cap. on voyager, coins are automatically listed in that order, which makes it easy to identify the coins that are likely to survive the next bear. i assume other exchanges are similar.
a list of what
bit, eth, uni, link, sushi, aave, comp, poly, cardano, and doge- that does not seem to be going away anytime soon. these are some good, established ones.
only problem is the dollar is backed up by the us armed forces…. crypto on the other hand has a few billionaires, some internet geeks, el salvador and a bunch of redditors. i reckon less than 15% of us are fit to throw more than a sarcastic comment, and even most of them would be re-posts!
yeah. also for some reason it gets shilled the hell out of it even though its value drops constantly and there has been many rugpools that destroyed peoples savings while also has an inflationary system that has no unit cap. it is hard to believe how people see it as a reliable investment really. staking rewards sucks too.
makes dogecoin a fundamentally reasonable investment
just search in twitter and you'll know everything.
i didn’t say that!
sir it was not a dip.
yeah, never shoot your load in one shot because you never know the bottom but doing your own research helps. dollar cost averaging works best, you either average up or down. but if you’re a long term investor 50k will seem like a joke in a few years, btc always moons but you also have withstand the yuge dips.
how many kids do you have?
yeah...that...what the fuck is there!?(runs away)
also two balls, eyes, and halves of a liver. technically there are limbs too but i need them to take some donations. because you know, sometimes people may have trouble to get their money for donations out or i may be seen doing some charitable actions, which would require me to run away to not get needless attention.
thanks for the tip mate! it would be quite great know when some of my debtors- i mean donors have trouble of finding the means financially to give some help to people, i would gladly use this channel to transfer their "donations"
instead of getting 5% from transactions like safemoon you get inflation where your cash is worth less over time, could’ve been used to snort coke with in the past, possibly has fecal matter on it, the govt can print more of it, it’s taxed to support the military industrial complex and other things, apparently you can buy stuff with it but there’s also a sales tax too, cartels use it to fund their drug smuggling and human trafficking over the border, alot of it is given to foreign countries for whatever reason, if you don’t report or evade how much cash you make you go to prison, oh oh and apparently it’s backed by gold but i dont know about that. if i forgot anything else please fill in the blanks.
like he said, gambling addicts.
when people can borrow like that in the stock market it ends badly
take a usdt loan. buy algo. get more in apr from algo than you pay in interest on usdt: free money.
good luck. the bank doesn’t want money in your name, you ain’t part of the club
pretty much. on the other hand there’s hard demand for some cryptos because of what they provide, not just speculation on the price.
sounds like a scam to me
the mycellium wallet, (more i'm sure that is the one i have) was available in 2015. maybe earlier? but still you're right, not cold storage.
??? plenty of plebs used cold wallets
i’ll have a hard time remembering your username but i’ll try! 😂
haha i'm glad you think so. i've told this story before on this sub but no where near the level of detail i put into this comment
iirc the texts came back in random order, so i went to the time frame i knew it was from and it was not there at first, but i did notice texts were coming in randomly so i kept killing my messaging app and checking it again. i was definitely in shock when i saw it. i pulled it my original
same. i lost multiple btc when silk road was seized and a few through the mtgox shenanigans. i occasionally fantasize about how life would be if i had just held on to a couple, but in reality i would have sold them at //. sucks to remember buying 75 btc at a time for .
actually that is a really good question, cause i remember thinking about this when i found the pw my memory in general is pretty shit, but iirc i think the password i was trying to imitate was a different old wallet password but was still somewhat similar, i think you could probably tell they were made around the same time just the patterns were in different order if that makes sense
i went back to 2017 in my thiscord chat with my friend and found the text file lmao. put it in pastebin if you're interested edit: looking at this and i remember the first two passwords were real passwords i used on other wallets, the other 98 are made while trying to imitate the way i originally made the "random" passwords (pro tip: humans cannot actually make anything truly random which was the idea of this list, we all have certain ways we subconsciously do "random")
i turned that 0.5btc into over 2btc with alts lol. i'm fairly confident the alts i'm in are not going to crash to 0, i got in on one before it hit top 10
like there is some kind of crack contest where you live? lmao that is wild. i can put you in contact if you want. he's not super advanced at hacking but he has friends that are
lol how did you even find this months later
ok? i'm not forcing everyone to read this and i do not care if people do not read all of it lol
yep, but you age 100x
so you’re saying the more crypto we buy the longer we live. i like it
_christopher nolan has entered the chat_
feels like that definitely
in dog crypto years, that’s 105 centuries (doge hodlers)
more like 15 light years.
you will be even more satisfied when they start pumping again. i think fwt has some unfinished business from the last run. they own us a new ath and i think it can happen once they become available in the us.
can’t lose if you don’t sell.
yep, i want low prices and would be happy to take a big percentage drop on what i already have to get them.
look at coingecko or coinmarketcap.com
the dollar is really backed up by needing to pay taxes with it, but yes
but we don’t need the dollar to go away. imagine if south america or africa decided to embrace crypto. coins and tokens working together for a large economy alongside fiat (usd) for a period of time. it’s enough to applaud the end of oppression, financially, and to make a lot of us a significant profit
*a bunch?* there are literally *dozens* of us!
it's backed by violence too. probably why it forked into *narcocoin*, *terrorcoin* and *weaponsofmassdestructioncoin*
looks like they are processing the legal process in the us to access the freeway platform. might reach new ath? i'm still thinking with the current manipulative market.
i've heard of this. "buying the crash"
merely a dip for ants
why do so many people here suggest dollar cost averaging when it is a statistically inferior strategy?
i prefer free tiddy myself...
yeah, i have some bad news for you about gold backing fiat.
so about the same as safemoon with their lopsided liquidity dumps, their lp pool getting reflections and their burn wallet getting reflections? which one of you pussies reported me to the suicide bot. go fuck yourself, sfm loser
infinite leverage more like
unless the price goes down when it is time to pay back the loan
thats his net worth in 20 years
they are putting generated codes beer caps, i was sure a seeded generator was something super easy to google, turns out it is not :d i have like a 100 legit caps and need to reverse engineer the codes and voila...car :d
so ***that*** is where all of these white hairs came from
leveraged aging is always part of crypto
100x is 100x (vin diesel voice)
them sick age gains though!
only if you daytrade. hodl all the way.
you should see how deep these wrinkles go
i’ll take 100x any day... wait
brb busy holding emax
is there any dates on that? the states have a big market but we all know that it is not easy to do that.
those dot and aubit gold new products are nice to try. still cannot access the platform.
yup. you also dont pay taxes.
how can they afford to provide such high returns?
need to pay your taxes so they do not cart you off to jail and take everything you own. that promise is backed by force.
yep, terrible tokenomics and fundementals.
george carlin does a bit about the elite being in a club, just joking around
so i talked to my friend, he says it is basically impossible to figure out the seed from a randomization by just using the random outputs it created. he said basically no one could crack that, sorry man 😕😕
wait, you guys still have hair?
it should happen in the next cpl of weeks. i saw some tweets today on that subject. no exact date but the process already started.
i do not have access as well but it is nice to see things moving. it's just a matter of time before they announce more staking products. what apy on dot and gold?
exactly, fiat currencies are weaker in countries where taxation is not as strongly enforced.
dude, thanks for getting back to me, i never expected that! it also super helps to know that so i do not have to bug myself with the idea anymore.
wait, you guys haven’t seen nations rise and fall?
if you dont have hair, use a wig.
well relatively speaking riding a lot roller coaster you could age faster or slower; oh yeah & stress is helluva drug
maybe it takes a long process but us can access freeway platform soon.
ok, will try to keep my eyes on that one
it's all good man. off topic, how tall are you since you named your reddit account "tallest toker" lol
wait, you guys still have human civilization?
i think that us citizens can still pre-register and wait in peace for them to complete the regulation process. we can all make some nice passive income there.
if it helps anyone. i was down on my initial investment about 90% 1-2 years ago. i did not do anything. wouldn't even look at prices. still have not done anything at all. and now i'm up 600%. even after the dip. i watched a youtube video, do not have the link, in which warren buffet talks about the great depression. those who sold during the depression, which is warranted given that it was the depression, lost almost everything. those who held for 10-20 years not doing anything made a huge profit. i cannot say that this is the same thing, but so far the investment strategy of not doing anything at all has worked for me. *i should also mention that i did a lot of research on the projects that i held. i recognized their potential in the long term, and they are all projects that have continued to develop and achieve their long term goals. i made mistakes early on and got hit by exchange transfer fees, gas fees, and icos. lost some money in the process. this is another reason i decided to just not do anything. it's too expensive to be jumping around right now.
it's a scary thing seeing your portfolio turn red for the first time. most will learn that it is part of the rollercoaster that is cryptocurrency and learn to enjoy it or become numb to it. eventually, if you stay long enough it is just green though, at least one hopes so 😅
agreed. and apparently i cannot post from this account yet, so here was a post on the same subject i was attempting to make for some newcomers: \---- impressed with the support levels after the drop. couple reminders for the newcomers:-the bigger the green run, the bigger the drop. this is consolidation and it is very helpful for long term stability. the new support forming here is considerably higher than the last. \-do you think the 2021 bull run is over? general predictions would assume its length would be longer than 2017, setting new aths across the board. we're certainly not there yet. these 20% drops shake off weak hands, and create a new strong psychological entry point for investors. \-have you noticed all your friends? if you were here by now, you're still early enough to enjoy more of this run. with all that said, and with plenty of confidence from this 8 year crypto investor that this run has a lot of fuel left, these are the most important things to remember: \-don't invest anything you cannot afford or anything you need soon. patience wins out in crypto, and if you sell in the red or buy in the green you're making it infinitely more difficult on yourself. \-don't be afraid to take some profits. have a coin that just went up 400% in the last couple months? sell 25% of your shares. now you're just investing house money, and when a big correction comes you'll have cash for it. i just rode etc from , but sold 10% every . now i've made back a great profit, still have my etc, and am ready to buy more today. occasional and incremental profits make these red days seem like a beautiful thiscount and another opportunity to build your ideal crypto portfolio. \-diversify! first off, diversify with other investments. crypto should not be more than 20% of your investment portfolio in my opinion (i said 10% in 2017 and i'll probably say 30% in a few years). but diversify within crypto. we're getting into the trenches of this bull run, and you're going to start seeing some crazy gains on random coins soon. better to have your chips in a lot of places so you're less exposed to any one drop, but a part of all the spikes you care about. but when you diversify... \-don't invest in shit coins. do your research. if you invest in good tech, you'll win long term typically. if you invest in meme coins, not only are you exposing yourself to a 99% loss, you're also hurting the long term sustainability of crypto in general. as someone who profited greatly from the last bull run, but ended up getting burned with an over-investment in fun fair during the crash, trust me. even when the moon runs seem tempting, it is not worth it (that one was $.005 to .20 and right back down.) \-always keep money aside for the next bear market. if you do, you'll be thrilled at those prices long term. if you do not you'll panic. i sold 350,000 ada at $.02 and 50 ethereum . had i taken out even 10% of my profits initially i would've been in a much better position to be a buyer than a seller. learn from my mistakes - if you believe in the tech, plan for the future, but do not limit yourself for tomorrow. anyways, just some thoughts on a red day. i remember lots of days like these were stressful for me years back, and now they are oddly comforting. but if you follow the basic principles you have a great opportunity to profit in the short term and thrive in the long term. good luck to you all (and stop burning money in doge)
just actively thiscouraging loss-porn is a great start. new money is mostly coming from the stock market so the idea that crypto is to be 'traded' in a similar fashion is normal. patiently educating newbies about cryptocurrencies and the pros.
in general, i think this sub is pretty helpful. there are always a few bad eggs, but most people seem to try to help the noobs.
just tell them to buy the dip with their infinite amount of cash. it seems like everyone always “buys the dip” every time.
this is true, we should strive to help "newbies" understand that there are risks involved and it is not magic like some influencers try to sell it
people are just always mean to newcomers to anything for some reason. everyone should use their wisdom to help others not be jerks to people who don’t know something you learned. somehow a lot of people don’t understand that being a condescending asshole =/= giving advice
i must say i often read posts like this, but at least in this sub i do think more than 95% of people are always kind and willing to help.
it all gets so blown out of proportion. people, not just newbies, freaking out about the "market crashing" when it is not crashing which only freaks other people out. i get annoyed by the "sky is falling posts". life is filled with peaks and valleys. everyone needs to expect that, and that is what they signed up for - a rollercoaster ride. i get sick of hearing about the fake crash, and it does become exhausting having to hold people's hand. i am not a heartless person, actually quite the opposite, but those people signed up for this ride, and it is been more of a kiddie ride than a terrifying roller coaster. as a whole the market is doing fabulous.
my crypto portfolio has slowly eclipsed my stocks in value and seeing it dip really only signalled a good time to buy. it’s a whole different mindset you have to be in.
i'm really new here and i'm just assuming that crypto is a scam and my money is already gone. so why not just hold forever, right? i jest, of course. to your point, i've found this sub to be a very even mix of people who are helpful and people who are easily annoyed at the new people. i get the annoyance though, as it often looks like it is directed towards either questions that are very easy to answer with a quick google or questions asking for direct buy. i'm here because i'm making crypto a part of a larger investment strategy, and i'm bringing my "research -> buy -> hold" attitude with me. i hope to be here for a while, and a dip or two or ten is not a huge issue.
i think its a reaction to paper hands that trigger folks. you really need to have strong conviction in order to make profits in crypto and any type of investments. people need to understand that volatility is not the same as risk. you can have equally volatile coins but one is risker than the other. i'm relatively new to crypto but yes this group needs to be mentors to our new community members if we want to instill sound and reasonable ways to investing in crypto. i really think a separate tab in the main area for new members to the cryptoverse would help alleviate harsh reactions to new members. education is key. new members are just reacting based on their fears and emotions which is totally normal. we all do that but it does not help in the investing world.
i'm 3 weeks in, and this sub has single handedly helped me understand things my own research could not. i am ever grateful to you guys. i'm gonna pay it forward and help people who are lost, confused, and need help
shaking up noobs to dump their holdings so people can buy it at a thiscount is the oldest trick in the book.
although i agree with this post, i still have to say that this is the 542 post about "be nicer to newbies", " welcome all noobs" types of post...we need new content here people, not the rinse and repeat like this "elon bad" "vitalik hero" posts again and again
shall i invest my life savings to cumrocket and shiba coins now?
no we preach and preach to dyor and nobody fucking does it. they think dyor means read the top trending hashtag and dump your weekly allowance all in. stupid should hurt.
red in the short term, green in the long term. that's my main take away after a few years of crypto trading
as a person who started investing in crypto like a week ago my first thoughts were i should have sold, but it was too late so im just holding until it bounces back. might even buy some more while its dipped
ain't no dip baby, it is a sale.
thank you for this. i'm newish. i put some money into crypto a few years ago and when i say some i mean like 25 bucks. i've recently started taking it a lot more seriously and i'm now learning about it as a serious endeavor and i'm becoming more and more of a serious investor. i have a lot to learn but finding that my balls are not jumping into my throat just because there is a dip sounds like a good thing. it's my understanding that it is more productive and profitable to see this as opportune time to snag some sweet crypto at wicked good prices. (dollar bills in my future right!?) but idealogically i believe in crypto for many reasons but it does not help when you have so much to learn and you're met by a hostile crowd. so thanks for saying something, be nice people. jesus.
yeah there are kind of a lot of assholes in here tbh. but what can ya do, that is the internet. on the other side of that coin, it is probably annoying to some when they see the same kinds of questions and posts over and over and over. i personally think you're right but that is just how it is. assholes do not generally stop being assholes
it's just the ptsd to be honest. good intentions from vets
but we are a bunch of salty bitches
i’ve only lost money while panic selling if you’ve panic sold, that means you couldnt afford to lose that money. only play with what youre willing to lose.
right?!?! i am new to crypto over the past 6 months and it is like the og's started as, to oversimplify and paraphrase, "this is the future of currency and transactions for the whole world. everyone should realize this because this will be the future for everyone." but as soon as "everyone" starts to get on board suddenly it is "get off my lawn". one might say they are the boomer generation of crypto holders the way many of them act. for those of you looking to educate in a non-dickish, non-elitist way, a sincere thank you.
this subs full of unproductive posts, this sub does not need to be nice it needs to be full of posts filled with facts. people are selling cause they listened to elon musk rather than doing their own homework. we should not be saying do not sell it will be fine because it worked for me, we should be saying ethereum has a new deal with xxxx company that is gonna help with growth, etheruem 2.0 is now xxxxx far away. give newbies facts so they can make decisions on weather they should keep their assests or sell so they can get confidence in their choices.
if you bought at ath then you have the right to be scared even if it can recover. change my mind.
yeah definitely everyone needs to experience this. the early you take this lesson the less you’ll lose.
i strongly thisagree. this game is not for everyone. the sooner and harder the lesson comes that you can lose real money in this game, the better. being nice just makes it seem like we're not serious when we point out that people are being complete morons with their money. cryptocurrency at large does not need the noobs in , and the noobs are not going to succeed anyway, because they are emotional bandwagon traders looking to get rich quick without doing anything. the definition of a sucker, if you will. i do not think that unpleasant truths are more likely to be internalized when wrapped in a comforting blanket of platitudes and lies. stupidity should be painful, and the more painful it is the better the lesson is learned. not every noob is a future crypto-lord of the universe. most of them are just being taken advantage of, let us not coddle them for that. if you do not do your research, if you're not prepared to hold through a dip, if you cannot afford to lose the money you invested to begin with, if you do not understand how crypto works, you should not be investing your money in it. in fact, it does everyone a thisservice to pretend otherwise. if we really care about the noobs we should treat them like adults. there are more important things at stake here than internet feelings. people are dumping their life savings into shit coins. they should be held up as a cautionary example of what could happen to you, if you also decide to act like a complete moron. sometimes the best way to help someone is not by being nice. it's by being brutally honest.
maybe just pin a newbie thread with some faqs or something for a little bit? i can understand how those of you who have been here for a while and have a bit of experience could get fed up of the same questions. us new to the reddit do appreciate your patience!
yeah! please hold my hand kind strangers 🧡
when i was new this is how i learned about market sentiment
yep i’ve been think this recently the circle of posts going round don’t seem to friendly lol
i’m pretty new to investing in crypto but i have to say for the most part, i’ve felt really welcomed into the community! some of you guys have given me some really solid and helpful advice that’s saved me some mistakes. i do agree that there is the odd person that seems like they’re trying to gatekeep the knowledge though
a lot of the new investors are going to be left with a bad taste in their mouth about crypto already. no need to throw salt in the pot as well.
having a ton of crypto supporters in-fighting on what should be their best resource for information really makes the entire crypto sphere look like a bunch of immature idiots. it should not be a btc vs eth vs doge vs ada type thing. it should be a "crypto is the future" type thing.
newbie here! haven't posted much at all, but mostly i feel people have been chill, kind, and very helpful on here. big threads and blanketed statements do not really affect me even if targeted at newbies. the individual people i've responded to or that have responded to me have been super pleasant and that means much more! :d
yep. dealt with one of these guys here just the other day, it was a top karen post scolding people for posting about how they got a coin and how the moderators need to crack down. "we do not want to know what's in your wallet !!1 keep it to yourself, nobody cares and you're acting like a jerk!". it was not just one guy either, the bitter ones were dominating the thiscussion. like relax, can we please reduce the negative energy bsery that permeates through every aspect of the internet and our lives, for just one moment? understand that people are looking for community, you do not know anything about the struggles that go on in their lives and how isolated-- so at the very least you can be more kind to new people who are learning about a skill and provide good bits of information without being short, rude or snobby. edit: i just went back in my post history to see what this guy said. he said "i think it is cringe when people post their shoe and lego hauls too. whatever happened to buying something and keeping it to your fucking self?". this is such a selfish and negative outlook, and i'm not afraid to say that you are the apathetically cringe one for being mad at people sharing what they have. this is the nature of online communities, and even irl ones -- people want to share what they have that is of interest to the community, it is why people go to car meets, it is why people go to glass art shows, it is why any community at all even exists -- people want to share what they have that is related to the community that they are in and get feedback from others in order to (big surprise here!) not feel so alone.
yeah i’ve told a few people here they are being total pricks to new adopters. i got them on follow so just waiting for those comments here
true this sub: we need. also this sub: look at all these new idiots afraid because they just lost 30%.
agreed. there's always someone who bought at ath. anyone being salty are just snobbish, tbh. be involved. be that rock for the beginners. we were all once in their shoes. the better we prepare today's beginner, the better the future would be for the rest of us.
devil’s advocate: is crypto really the decentralized icon it was designed to be now that hfs can trade and short it whenever is convenient for them? most new investors are also looking for that easy day trade and get rich quick scheme instead for understanding the underlying need and uses of crypto and that it’s the long game that matters (5-10 year frames). my 2¢.
everytime i see someone use the word “shitcoin” it reminds me of those old racist grandmas who just can’t get over themselves.
as a crypto n00b i am quite excited about the recent dip. starting to buy some btc and eth at these 10-15% thiscounted rates. feels good. hoping they drop more over the coming months before the next bull run.
i approve of this message! all investors are constantly learning. and new retailer investors (like me) are still learning how to put emotion aside while trading. the last thing i want after buying into an investment (at the wrong entry because of lack of skill and experience) is a bunch of negativity from a community i joined with the hopes of support, mentoring, and guidance.
depends on the attitude. if they come across as "omg this is the end" i have no sympathy. if they come across as "hey, this has me super nervous. did i mess up? what can i do to handle this?" i'm super happy to help anyone needing some advice.
100%, but not just newbies shaken up by dips. i'm new to crypto and asked about lode vs kinesis. of the 5 replies, only 1 was an honest response. the others pretty much mocked my post. i was not offended, but was thinking "why am i here?"
when things dip i become a salty bitch. but you are right. i will eat my snickers and play nice to panicking newbs.
i do not consider myself a newbie anymore, but i still get shaken up by dip sometimes.
this is easily my favorite crypto thread. i usually go to coin related subs and get downvoted to hell bringing up realistic possibilities, just trying to start dialogues and bounce off each other. but nope. i’m shitting on their meme coin and i get downvoted and told i don’t know anything.
predominantly the reason most people just lurk here, this community could be so much more if we all atleast got along
i saw a recent thread where someone was asking about when, and the top voted response started like: "for one, you should never be investing your life savings into crypto, for two..." i had to go back and reread op's post 3 times just to confirm that, nope, they had never even *hinted* at investing their life savings, there was no mention of anything of the sort. people were just so satisfied with the "listen kid..." tone of the the post, they forgot to notice if it had any relevance whatsoever.
i make sure i sell low and buy high without fail.
yessssssss yes yesssssss thank you for standing up for us newbies 🥺🥺 this week been a rough ride.
i'm not a newb... my 30-day trading volume is just under ... and i'd be lying if i said the dips still do not freak me out a bit. you learn from them; you learn how to be patient; you figure out how to improve your next trade. 100% agreed, be nicer to newcomers.
fairly new here, might i suggest a weekly repost of informational links for research for new investors? maybe occasional posts of post? been checking out dog sub and what used to be goofy memes and wholesome posts has really taken a turn for the worse. rh screenshots, ppl going all in at peaks and others encouraging it. i try to comment there occasionally to bring ppl back down to reality, offer advice via dm to help diversify or move investment to a safer location, the 1on1 talks seem to help but i can’t convince em all. it’s beyond concerning. and it seems like some of the community is fueled by pushback or insults, so they double down, which adds fuel to the fire. a lot of these ppl just need options, info, and a way to prepare for the worst after taking such a large impulsive risk. i imagine a lot of these new investors had a rough go of it this past year, so they put a chunk of savings into something they’re not familiar with bc there’s not much else to bet on right now. a gesture of kindness, guidance to resources, and i’m assuming examples of when portfolio was feeling rough in the past...that is really all newbies need.
thanks for saying that. i’m new here, i was born after bitcoin was launched, and i’m just trying to learn a little bit abt this whole crypto thing, and it’s hard when people are toxic to me.
if you've ridden crypto up to the point where you're still positive after the dip, you pretty much have no perpective to offer to someone who is actually losing money.
this was my first dip and i was a bit nervous to say the least but fortunely had some good advice from some good guys on here and thiscord, helped keep me calm and even got some bargains on sale!
yeh don’t take this the wrong way guys but i browse a lot of subs and this one definitely has a stigma of being a bit “elitist” if i’m honest you guys might not be seeing it but from the outside looking in it comes across that way just food for thought is all
i think people in this sub can be impatient with newbies because often times it seems like people are not investing with proper diligence and then suprised when they lose money. the dip that happened yesterday is a well-needed warning to new investors that this market can go down, so proper risk is nessecary.
well said. i would have voted this twice. wile i'm not a noob as such. i'm still a beginner in the greater part of the topic. i have not been here long. i kind of avoided it for some reason? then i avoid fb for its time wasting antics. i was big into the forums before social media killed them off (mostly). you used to see a bit of clique now and again, so maybe that was my reasons for avoidance? to my surprise, reddit is not like that. not for the greater part anyways. it's surprisingly supportive. one post the other days really impressed the fuck out me. almost a bromance for all. so, yeah the ragging on noobs for being pussies. sell now if you cannot handle it, was a bit rich. i think some guys seem to forget where they (too) once came from. not all of us, got lucky straight up. had a mentor right from the start of had some education from school, friends, family. what ever. too the total noobs. don't take every post literally. read between the lines. for the most part. guys are here to support and guide. even if it is a bit harsh. that's the biggest take away. the page openly supports the members. hold the line. noobs or vets. we all share the same space. if your sick of noob questions. scroll past, why is it so hard? we have to do the same to scroll past all the "musk" bitching lately.
i am one if the newbies, and i approve. always too scared to ask on this sub.
man if i could emphasize anything its time in > timing. rewind back a couple years and i was flying high on crypto gains. i bought some eth at 1k, vet at practically nothing, then saw all those big gains go away. then it went red. then redder. then i sold, losing about 75%. fast forward to today and my biggest regrets are selling and not dcaing when the getting was so good. ended up reversing that crazy loss and making money (god bless vet). please people, do not invest what you cannot leave aside for years. every 3 year view is amazing, and every cycle feels like this. focus on more crypto, not on more usd value.
i am an advocate for dyor and all but yeah this sub used to be much more welcoming. idk what happened recently, seems like the tone turned from welcoming to salty and hateful. helping newbies would benefit everyone in the long run!
couldn’t have said it better. go neckbeard somewhere else.
thank you very much! i am a newcomer myself and started trading one day before the dip. until then, having seen all the gme stuff i thought reddit is a great place to talk with each other as long as we are connected (i.e. cryptos in this subreddit). but seeing my 2000 investment at around 1700 after 12 hours or so made me insecure. well, it is my forst dip after all and i fucked it up by buying 12 hoirs too early ;) i will hold, as was planned, but still... i knew about dips, but had no idea what elon musks zweit might mean. if this might be something crypto-shattering. so i asked what this means and the first answer was something like "if you have to ask, stop doing crypto". again... thank you for your nice words. we beginners are learning on a day to day basis and are thabkful for every advice :)
there is too much gate keeping here. you want to teach new investors to bring more money into the market. new money means everyone makes more money. don’t be an elitist asshole.
the noobs are who will be making this entire market grow. them and institutional investors or course.
a dip is just a sale
yea i’m a newbie with stupid questions at times and people nitpick on every little bs lol
acknowledged, but a lot of text can me misinterpreted as coming from a 'salty bitch' due to the lack of tone, voice fluctuation, and other contextual adjectives.
no, we are just a bunch of rude and bitter salty bitches
i’ve considered leaving this sub because how smug some of these people are. if you truly believe in crypto you should not take joy in people losing money. shit coin or not. guide them don’t berate them.
yeah, seriously, i invested in crypto for the first time about a year ago and have been lurking this sub since. there's an extreme amount of upvoted salt in this sub, it is a tad thistasteful. i mean there are ways to tell people who invest alot into meme-coins that they might be doing wrong without attacking them etc.
after three months in crypto and diversification i can say that in each major dips that occurred, i always had the coin that +30%/+40% so the dip was scary but i had also a good satisfaction to think about. the only one in which i had none was the last one (the one with the sol pump) and it really affected my portfolio by like -35%. good diversification is the essence to the market!
i’m glad you said it, because this sub is a toxic cesspool. i unfollowed it because i cbf with that noise, but it pops back up in my feed occasionally. *recommended for you* - yeah, no thanks reddit. this sub can get fucked.
when all the noobs are dogecoin shills who are complete assholes it is hard to care.
i always remind myself there’s someone out there who’s dip is worse than my dip. then look at some loss porn.
this sub is just a bunch of salty bitches lol. noobs spend enough time here and they’ll be salty bitches too. at some point we reach critical salty bitch mass and next thing you know we’re rich ass salty bitches.
everyone here just shits on elon, dogecoin and any new people who even get a little stressed about a red day or red week. it’s basically a circlejerk at this point
at least you guys know you suck
newbie here and i just thought yalls salty was just a new spice of life. i only speak for my self of course.
unfortunately the tribalism and superiority-complex that spreads around can get pretty toxic. everyone was a newbie once and its easy to forget.
for real, we gotta be nice to the newbs... who else is gonna take care of us when we're old?
as somebody that is new to crypto i tend to find myself feeling very lucky that i have friends with a lot of experience in this space (including reddit! i have heard their horror stories about selling coins (pancake comes to mind) for 3-4x profit in a panic sell, only for those coins to 100x in the future. i have a bunch of altcoins that i dont care to look at for at least 6 months. if i lose a couple hundred, then so be it. it's a wild ride. lets go!
150+ awards to an obvious moon-farm post. good work guys.
i just got into crypto and refuse to take advise from this sub. it’s honestly pretty toxic in here
newbies can’t even make a post on this sub without being downvoted into oblivion. the only people who make any moons seem to be the people already at the top.
i'm a newbie, feeling like tough love is good for money's sake, as long as we can take something from the criticisms ya know
people act like they came out of the womb being crypto geniuses. it’s more cringe when the veterans shit on the newbies than when the newbies ask simple questions.
most of this sub comes off as absolute lunatics. i havent even thrown a penny into any crypto but i am a wee bit curious, but a lot of you do what i call "irrational gatekeeping" because while i believe some gatekeeping is necessary in every type of hobby, the amount you guys do is a bit worrying.
i was thinking of selling around 2000 doge the other day when my portfolio was at around £1200 for doge rather than the £2500 it was at. i nearly clicked confirm until i told myself "fuck it does not matter" now it is getting really close to the £2000 it was originally at. long story short? don't sell lmao, if it has had potential at one point in time in the blink of an eye it will do it again but even better. if you do need the money and you want to sell then it is your choice but i've learned my lesson now
yeah r. this sub is seen as a bunch of arrogant elitists who refuse to accept the possibility of emerging technologies dethroning their beloved ethereum.
i have no problem if a person does the research, trust the tech. this community could thiscuss the good and the bad, consolidate the losers, congratulate the winners. but most newbies are chasing literal shitcoins and ponzis. they do not deserve consolidation.
not just this sub unfortunately. the r, aggressive bellends until you think sod this and leave them
my view on this, first investment in safemoon on 13marrch, joined here to see what the general crypto market thought of safemoon seemingly strong growth... i quickly left and decided bitcoin is full of toxic jerks and anything general was anti new investors so now i'm happy with my alt coin community and stocks, here i thought bitcoin would have been a natural attraction but the communities attitude to safemoon and their new community was thistasteful to say the least.
dont worry i would never invest in crypto anyway. hope it gets hacked again. that was priceless.
last week i put £70 into doge coin i now have £46 crypto is the future
newbies: if you went all in in some shitcoin like doge or shib and you got burned, treat this as a lesson. such coins are fine for gambling a bit here and there, but your portfolio should consist of good, solid projects with maybe 5-10% max of gambling with shitcoins. the rule of thumb here seems to be that 80-90% of your portfolio should be btc and eth. for those who are new but are already into solid projects: relax, hombres. last bear market, btc dropped from the then ath of about 20k to 3k in about a year. during this same bear market, eth went from it is then ath of about 1400$. and look where we are now. be patient, have a certain target like for example "i'll sell most of my crypto if my portfolio does a 5x" and hold on till then. as long as you set a realistic goal, we'll make it. don't try to chase pumps as this will most likely end up with you making losses. timing the market rarely works. just keep dca'ing your way in with money you can afford to lose. which brings me to the holiest of all holy rules in crypto: do not invest money you cannot afford to lose. read that again and repeat after me: **do** ***not*** **invest money you cannot afford to lose.**
i think this advice is good, not just for how to treat newbies who get scared but also how to treat newbies who are just asking questions to learn more. i made a thread asking questions and some people were so snobby in the replies, telling me that crypto is not for me. if you do not like a question someone asks, you do not have to respond. going out of the way to say something nasty reflects poorly on you and this sub.
no we do not. this is a high risk market - anyone that does not understand that is gambling. we can parrot the same phrases over and over again - but newbies are chasing stories of people diving head and shoulders into meme coins and getting rich in 6 months, hoping to repeat the process. people who do not understand the fundamentals of dyor, do not invest more than you can afford to burn. sure some will walk away big winners 10-100x because they made the right play. but if you are investing enough money that you feel the need to look at your portfolio every day (regardless of if its up or down), chances are your gambling, not investing, and the first thing you should do is take some money out, and the 2nd thing is take a step back and re-evaluate why your in the market this deep to begin with listen congratulations to those who do time the market, and if you have the time to dedicate - there is a lot of money to be made in the crypto space. but we need to stop praising clearly addict, or at least, stop pretending the space is not filled with a bunch of degens trying to get rich quick who act surprised when the market behaves, well like a market.
eat shit newbs welcome to crypto, be smarter next time
who cares 'how we come off' ffs? this isnt fucking facebook.
ah, yes - the age old "comment police" post that has never worked for decades. good luck ever getting that to work. loss of anonymity would be the only thing to prevent elitism and promote courtesy. but please, go ahead and try.
this, seriously. give them advice that the other places would not like pumping your mortgage into crypto after the price takes a big dip. you always double down in situations like that. all the vets know this, but noobies need to be told... market takes a big dip after you bought at ath, you double down, even if it means mortgaging your house. this is financial advice.
what really grinds my gears is the downvoters
no. y'all need to stop this fucking garbage gambling bullshit. you are not a community, you are a cult. this. is. all. trash.
pffft. if you cannot stand the heat, get the fuck out the kitchen.
for me seeing others get rebuked over dip panics helped harden my crypto heart i think.
i agree! there does tend to be very overly technical scoffing sometimes. it takes a long time to get your head around crypto and i think, even after people start to buy crypto, they are still learning about it. ignore the daily threads - it feel like a boys club,
this should be fucking stickied
yeah this sub is trash and moon manipulation in voting is basically an oligarchy. done with the downhill spiral, ready to sell my moons on next payout and leave this dump of teens
you need to stop thinking the sub is a monolithic entity and also not just make a post with a message that gets posted every fucking day.
thank you for saying this. some of the threads on the main page are outright mean and i'm sure fueled by op's own frustrations and bag holding. speaking of which, selling on a tweet does not necessarily make you a weak hand. people like me who love to day trade live for this kind of market.
i started in march, been topping up every now and then i'm down quite a fair bit after these last couple of days but i aint even worried, we'll be laughing at this in a year
even if the newbie is asking about shit coins and dead projects?
most people on this sub come off as salty bitches because they are salty bitches lol
its not our job to hold their hands when it comes to fear, if they want to learn by all means but you cant tell a scaredy cat not to be a scaredy cat
wish people didn t forget this :(
nice guy brino <3
well but if they need their money back soon they... you can give them the advice, it is up to them if they want it.
someone shit talked me on this subreddit because i said i was gonna be a lifelong eth investor after only holding for 4 months...imagine typing out something so fucking stupid lmao ' "hahahahha this guy said he wants to hold his aaple shares long term after only holding for 4 months hahahahahahahaa"
being a little salty is okay sometimes. that's why it is called sodi-yummm.
better to shut up if you have not something nice to say!
as a newbie myself, i endorse this message. og's should educate the young bucks about how this market works, give advice on what to do in times like these, etc.
salty moon farming whores, ahahahahah.
so salty in here. 124 comments...no upvotes. lol. moon hoarding popularity contest.
so i should not be worried about some major crypto? seems like the past week everyone's down bad but i do not understand how or why it is happening. can someone elaborate?
can we just start a schadenfreude thread to contain it? i generally try to be helpful toward newbies and give them unbiased info (or at least warn them of my biases), but it soothes my soul to see the smug "buy shib or stay poor *insert 10 slanted crying*" assholes getting wrecked.
its crazy how rude people are online...
i started investing in crypto last week and was a bit scared to post here but i am starting to grow out of it... the vast majority of people here are nice and tries to be educational towards people like me so i am glad i am part of it now
a lot of people on this sub come out as pretentious pricks & bullies. do you seriously expect newbies to make perfect financial desicions? they will make mistakes and they will feel bad about them, might even panic at the "i wasted all my money" idea. this sub is supposed to help people through their mistakes and guide them, not prepetuate the idea that you're investment is a joke and you should be ashamed & also lose all your money.
that's definitely true. also newbies should understand that all the bile and invective and strident declarations that you see thrown around when you see sudden plunges is as much about relieving stress by venting as anything. better to say something stupid than do something stupid.
play with shitcoins, get burned. and yelled at. good riddance.
bro, these are grown ass men. if y'all are being driven away by what's being said on a message board like this, then you just have a brittle spirit. good luck in the real world. this is some mickey mouse nonsense lol go back to talking about crypto please.
the crypto market is ruthless and heavily driven by emotion. if you get your feelings hurt easily you'd probably want to avoid any crypto community. trolls, shills, tribalism is very real and you will get flamed at some point. if that scares you as an investor then you might not be fit to be an investor.
this sub is full of salty bitches lol. not much you can do about it other than make the newbies aware of them.
so fucking agree, we all have a first day in everything we do. remember that when you wanna act like an insecure prick! ✌🏻
i completely agree with this post, i myself a newbie have posed several questions and have received many sarcastic or rude responses.
imma newbie, been investing only 3 months, followed the advice of others and took advantage and bought 8 more bth making my total 14, but most importantly i dropped my average per cost bigtime.
i'm a newbie, people have been fine to me here. i just keeping buying and holding, dip or no.
imagine being a newbie and getting burnt by meme coins this week. then saying, ok i learned my lesson, seems like bitcoin and ether are good bets. then they immediately dip. tough week as an introduction.
feels a little like gatekeeping. that’s counter productive
fully agree, if you want the crypto sphere to organically grow, not being a douchebag is a good start.
for sure. we need to be welcoming so more people come in and buy our bags at a higher price 🤝
agreed. we were all newbies once. besides, to get crypto where we all want it to be, we need new people on the daily. for the most part though, this sub has been very helpful for me.
as a newbie i can relate with the annoying aspects of this sub, but... we're getting into.
forreal the arrogance here is insane lol
if you're a newbie, understand that this crypto ecosystem can be very toxic, especially crypto twitter.
i am new to all this and see dips and all i think is damn i want to buy right now but do not have enough money in my bank account. not really worried about the dips.
i brought my first (ethereum) and a couple hours later, elon struck. not a good time to get into it lol
sell me your coins.
i started investing last month, after lurking since january. i did a very basic research, prepared some money i can afford to lose and started dcaing. tentatively, i started posting in the daily thread and actually got some very good advice! so, i followed up on some recommendations and started learning about the blockchain technology for the first time in my life. currently, im listeneto the mit course on blokchain and finance. all i can say is that i am in for a long term. this dip is the first time im seeing my portfolio come close to my initial investment, but i could not care less. the more i know about blockchain and crypto, the more i want to support it.
i’m a total newbie, and whenever my portfolio goes red, i buy more!!
people forget that one day the prince wont come back
up 600% down 10% why does this have to happen to mee!!!! whoa is mee whoa is mee
i'm new on this and really i just take it as spent. if in 10 years the 15 dollars on shitcoin become the new bitcoin, cool. if not, well, i have a hilarious story about how i lost 15 dolars in this cryptocurrency with weird name that i just felt like trying. i do not have the capacity of spending a lot on investment, so lose or win it will not kill me regardless. i would really appreciate some advice on what cheap crypto should i keep an eye in investing! i use binance btw!
the sub itself is run by unfriendly rules and censorious shills. what do you expect?
but how else will they know i'm better than them?
sometime when they suffer through pain it makes them grow up fast . we all learn it in some way let’s not lie, not gonna hold hands with every noobs. will just give them resource and if they don’t learn’s on them
thanks for saying this. these purest salty asshats need to realize that more people get into this crypto market the better. and guess what? who gives a shit if they use robinhood or a wallet you don’t like. for fucks sake, let them do what works for them. i’m tired of seeing keyboard warriors.
anybody got recommendations on where to learn about investing and trading crypto for newbies?
i know i panic sold when i experienced my first major dip.
i was scared to shit after the first big dip. i bought my first crypto right before the march2020 crash. yes, being nice to newcomers is so important.
"salty bitches"... i like this guy. we need more of him 😂 love it.
you’re a nice person!! 💋
is something dipping? not seeing it in my hodlings.
what’s a shame is they get upvoted to the front page which makes the sub come off worse than it is. i find a lot of genuine good advice and conversation when i scroll past all the 2k+ upvoted “meme stocks bad” and “wahhh this sub isn’t what it used to be” posts. crypto isn’t some boys club cult following bullshit.
i earned my salt as a noob in the past three months
i’m a newbie and generally speaking this sub is a huge asset. even if direct answers aren’t forthcoming i’ve been pointed towards the questions and sometimes that’s more important.
as a noob, i'm aware i have not got a clue what i'm doing and i'm trying to learn by doing things even things that i know are not necessarily smart decisions just to see how everything works. i learn a lot better by doing things and making mistakes, so that is what i'm doing, just with small numbers that i can afford to lose. that said i've already learnt a lot from this sub, even if some posts come across a bit overly negative. i guess if you're easily offended some home truths could be upsetting, but if that is the case chances are you're not going to cope with the stress of watching your portfolio plummet.
idk i don’t put anything in that i’m not willing to lose at a moments notice so none of it really fazes me.
"invest what you can afford to lose" this is great advice yet one never wants to actually lose.
i get harassed and called names every time i voice concern, or express any emotion other then being overly positive. starting in mid-february feels like the absolute worst and pretty much no one will agree, they just keep pointing out the coins that they bought (usually earlier then february) and then proceed to name call. i unsubscribed for a while, but now since i have no gains i'm just bored and i guess like the punishement lol
it’s definitely scary at first. i only entered in february. that said i do think we need people getting into this to be aware that stuff like this is standard far in the crypto world. i think a lot of people panic and swear off crypto after getting shocked by this and they really need to hear “hey, this is normal for the industry, step away from the charts for a bit”
i think when people invest into anything and it looks like you're taking a loss would be shocking to anyone.
salty bitches. lol. can’t thisagree.
suggesting that people dollar cost average their money in is a pretty easy thing to say.
very true. it creates a lot of negativity. it's a scary thing for new traders. being nice can certainly be the least every one can do.
thsanks for being a kind voice for us noobs. :) you make this sub more...palatable
just hold ada lol
you know what else needs to stop? giving eoin musk such a high platform! kids born after the year 2000 think he’s a god. he’s a fuckin moron. and sick of all the ‘to the moon’ shit too on these subs. there’s nothing more annoying.
can confirm this is true. as opposed to r(which is one of the nicer subs i follow) r. usually because they spend all their time badmouthing the people on r. 🤷‍♂️
while true also know that i am not a smart man-i’m an aircraft mechanic. which also means if i’m being a dumbass-call me a dumbass i assure you i get called worse for ten hrs a day
no coiners < newbs
baptism by fire my friends. stay on board and we will all make it
you should see what happens when someone has a story about losing some crypto. all of the gods come out of the woodwork to demean and insult.
i’m a newbie, just started buying moon moon coin and it went flying lol
the logarithmic functions of reddit reward bad behavior. it's not a surprise that toxic communities gather around the reward system.
nows the best time to buy
it’s absolutely normal for people who aren’t use to investing to freak out, especially when investing large sums of money, it’s fucking scary
most ppl on this subreddit have only been here since january. most of y’all are still newbs acting like you were in btc in 2009 lol. im a hella newb.
someone posted a reply on this thread saying >i rarely see anyone being mean on here that virtually is impossible when every other hot post on here, is in some form of way bashing someone. either you’re naive or flat ignorant. but i digress, this subreddit has a high level of assholes on here.
haha last week ath circle jerking, this week group hugs and shit. hold on to your tits, things are about to get interesting.
this and stock subs are a bunch of rude pricks, be cooler to everyone, more people into it the more it will stick permanently
bam! finally, a sub tells those salty ass wannabe “old timer” crypto mother fuckers whats up!!!! stfu!!
should you buy more now?
posts like this are a big part of why i like this sub. sure, it is got its shit posts, but all things considering things are pretty good here. enjoy my free silver!
elitists love blowing themselves in public. it's pretty gross tbh.
fuk saked i wss a noob at one time but i never ever would give advice...these newbs are fuvked in the head sorry...elon's baby's
it's sad to see that people can be salty and uppity on here. we all have common goals and believe in crypto.
hey these paper hands fools can get out now, if a little tough love is going to get them all shook. really though, while i hope no one is directly bullying, if you're referring to the posts titled something like "if todays drop in the market scares you, you need to leave" those posts are very truthful. if you have anxiety, this place will kill you mentally. know yourself.
not all newbies shill meme coins while knowing seemingly nothing about crypto.
i agree. i know it’s scary. i’ve been in since 2016, and i still have doubts and fears when these things happen. i totally understand how this can alarm newcomers. for most folks, their only previous experience with investments is wall street. this kind of volatility would have people over there trying to jump out of windows. just deep breaths. go back and look at the charts over the past decade. look at the volatility, but most importantly look at where we are now in comparison. only going back as far as christmas, i would’ve freaked out if i’d known we’d be at ~, yet today that level threatens to freak me out for the exact opposite reason. it’s all relative. we’re ok. we’re ok.
always remember that you too once were a panic selling newbie, who probably lost a couple hundred dollard to fud or fomo. be nice, people.
this is a really fair point. it’s easy to shake off dips once you’ve been in the space for a while. if anything we should give encouraging perspective shifts that helped us be unemotional about our investments. if we want to grow stronger as a community it only makes sense. i don’t see the benefit in gatekeeping or ego tripping on each other.
some newbies strike it rich quicker than the veterans cause less thinking is involved. innocence sometimes is a total bliss. the only lesson i’ve learned is - get in as early as possible either serious projects or memes. at some point it’s just too late and not worth the time.
i’m a newb, and i honestly don’t understand their logic! if it dips, you already lost! all the more reason to hold on tight and hope it goes back up.
in a market like this it is bloody hard not to be a newbie... i was mining doge in 2015 but i'm still no clearer on how the whole thing works or what i'm actually doing now i just "invest" instead of mine...
> come off as a bunch of salty bitches you guys make twox look inviting.
i 100% agree with the title and contents of the post. that being said, newbies also need to learn how to be a little humble in crypto as well or else the market will certainly humble then. the amount of people who thought they were trading kings because they yolo'd on doge because they saw it on tik tok was getting a little excessive as well. everyone can be better for sure.
my sister got into investing in crypto recently. she lets me know whenever she’s about to try a different method of investing or if she’s panicking about some sell off etc. some of these things she asks me seems ridiculous but a couple of years ago i would’ve asked the same things. what i’m trying to say is be kind to one another, and if you got the time, contribute to someone else’s knowledge so they can grow in this space. try to relate to your own experiences. bringing them down does no good to anyone. be the person you had(or wished you had) when you initially got into this space.
thanks for sticking out for us newbies. as one, i am shiting bricks.
people need to be nicer in crypto in general imo.
if we want the space to grow we need to nurture it. this shouldn’t become the stack overflow of crypto…
i remember being nervous about crypto-investing, to the point when i would sell eth mere hours after purchase just out of fear. i missed out on a lot of profit. then i bought ripple and it went down like a shooting star after some legal fiasco. i had a nice little sum there too. after that, i really said to myself to not sell eth, even if it would go down (and it did go down about 20-30% at some time). best lessons i got from these experiences are: 1) don't be afraid of the red. that just happens and you gotta live with it. most big cryptos will usually get green after a dip. 2) don't put a lot of money into a small coin, just because the graph is nice. you never know what might happen. give the little coins less attention overall, but do not write them off (after ripple, i bough xlm, way nicer and a stablecoin, plus friends recommended ada and look at it go). 3) hodl, for the love of god, hodl. these are just my simple rules, maybe they are not the best, but they made me feel far more comfortable in this market.
i feel like with crypto constantly growing and changing we are all just locked into this cycle of newbness. as soon as you figure out one coinset theres another to learn!
the daily obnoxious generalising post.
for what it is worth i think most of us are salty bitches lol, crypto life has beaten us down
every gambler knows the rules
oh look, the same post we see every day about being nice to new people in crypto but with slightly different words. great post!
speak for yourself, i was never a noob. born w diamond hands!!
no friendly people here... 👎
i think it is from the years of abuse we have taken from the no coiners. it feels right when your get the upper hand but i agree it does not do crypto any favors.
couldn't agree more. it's a shame because there is so much knowledge and know-how here. the doge hating posts were the worst. i got doge, sold it and it helped me get eth. it's a gateway for many people who wish to enter crypto.
it takes a while to separate emotion from crypto trading, people are still learning the motions and don’t know how to react
i am new to crypto but not stock trading. the volatility is wild. scary to see my portfolio down so much right now. holding and hoping for the best now.
this whole sub is like 80% sarcastic snobby assholes
just don’t look at your portfolio whenever the market is down
very true that you should not be mindlessly rude to people but with that being said many of us have been trying to warn people that such dips are common for months and every time those warnings just get downvoted and we get called haters or salty bitches as you put it. people just need to get real. please educate yourself, a good start is looking at bitcoin's price history on the logarithmic scale. look at how many dips there are and note that even 80-95% crashes have happened (and will likely happen again at some point).
that’s my secret cap - we all scared newbies pretending to know what’s going on. i’d be willing to bet same people who complain about “paper hands” recently took profit lol
i don’t mind sharing my newbie story. i’d be shocked if there was a seasoned trader here who hasn’t felt scared out of their mind at watching their portfolio go red. i remember buying ~. that was scary. then i decided to transfer it to xrp bc the exchange rate was great so i opened an account on an exchange called ‘bitsane’. i hadn’t exchanged for xrp yet and i bought . if you’ve been around a while you know what happened to bitsane and how many people’s crypto they stole. i was sick af. i lost . i took a break from crypto for about six months before going back on coinbase to buy some more and i didn’t put nearly as much on as i had the first time. i took time to really learn my crypto. that first loss still hurts even though in the next two years i turned . red days are still no fun, but now, with experience, i know a lot more. my hope is that those who are losing money learn and stay. treating them poorly doesn’t help the crypto case very much. try to remember the rough patches in your learning process and help encourage people. it’ll help you out in the long run as ppl invest in good projects and learn.
money makes people nasty
>"well if you need your money back soon you should not be investing in crypto". even if that is true, there are plenty of nicer ways to say it give me a template
can anybody provide any examples of people seriously selling everything with a dip like this? it seems like we have a bunch of solutions in search of problems. i'm here fairly regularly and i have yet to see somebody selling because of one of these dips. i do not even know if there is a term for it, reverse straw man argument? what i actually do see... tons and tons of people gleefully buying the dip or lamenting the fact that they already spent all their money and wish they could buy more of the dip... tons and tons of people holding on to dear life and saying as much in the comments.
i think you just made a new coin name salty bitch coin sbc for short because everyone loves sbc global
it’s so true some people here are so arrogant, like if you do not support eth or btc, you’re a dick
facts! everyone has to learn somewhere.
this community is not welcoming at all so i just lurk
yeah but come on. read something.
lol so true, this sub is toxic now a days
i’d like to let you all know i bought the ath
you're also a huge loser who self identifies as a member of a reddit sub community so i wouldn't be pointing fingers lol
sigh, i thought i was ready for this dip, i had a fund ready for a moment like this but i fomo'd into it too early and watched everything keep going down way more than i anticipated it would. now i would not have any money to responsibly buy the dips with until my next paycheck.
agreed, there are a lot of angry people in the crypto space that seem to hate on the newbies. i do not know if they are angry because there is adoption or what. but if you want to see crypto succeed then be nice to the newbies and help them. they will in turn learn more and be more informed about crypto and will most probably stay and invest more. thus helping us all. growing as a community instead of shunning people. crypto is about decentralization, that means all of us together, new or old.
newbies we once were, there is a great community behind this sub, each of which has it is bad apples!
[why is cardano up and everything else down](
nice post yet everyone in this sub hate dogecoin and doge holders... double standards i guess ?
i think this week must have been horrible for newbies. we can all be gullible or reckless. being kind is not hard.
we were all newbies too, don’t act like it ain’t true.
agreed. it’s pretty bad that we feel hesitant to ask questions because we don’t want the “you’d be stupid not to know the answer to that” responses.
be excellent to each other.
i’ll admit, i’ve done a little bit of paperhanding myself but its all par for the course i guess
i’m not gonna lie this sub comes off pretty aggro a lot, it kind of turns me off from reading some of the posts.
i’ve seen some of the bad comments here and really feel bad for my fellow crypto newbies. all in all, this sub is informative but i find it a little too cliquey.
the funny thing is i bought early in the year and everything promptly went to shit and left me in red for 2 months. it’s really nice being in green now and super cool that the dip is still just above what i bought in at!
yes, people need to behave. there’s also the other side of the coin: new buyers need to mentally prepare themselves on their own. i personally don’t see what a stranger on a sub, that stands to profit, can possibly tell you that makes you feel better about seeing your investment drop 40% in a day or two. you should have come prepared, otherwise, you’re gambling, and the house always wins. this culture of blindly throwing shit on the wall and hoping it sticks, is how the party ends, in a fiery inferno. sometimes the truth stings a little, but i see alot of opinions here that are downvoted simply because alot of you would rather walk face first into a brick wall than hear the truth. *you can’t handle the truth!*
i like this post 👍
i swear someone makes this post everyother day...
hate to say it but the people who are kind will continue to be kind, the people who are rude and mean will continue to be rude and mean. kinda the way of the world.
we're all newbies to somebody.
i agree. i am myself new to investing in crypto but am not as young as the typical redditor of this sub and also am not so new to investments in general. what seems to me that bugs many - myself included - is not ignorance shown by many newbies, which is to be expected and understandable and nothing be ashamed of or scorned at. ignorance of a subject is part of the definition of a newbie. rather, this thing that seems to bug many is that starry-eyed naiveté, so well encompassed by "when moon?". that kind of thing betrays a lack of knowledge not to crypto in particular, but to investments in general and, if i may say, to life as a whole. like, dude, if we knew when moon, that is when we'd be buying, no one knows even if let alone when moon. the prospect of mooning is no reason to buy crypto. if that is your sole goal, to turn 10 dollars into 1,000,000 in 4 weeks, migh as well buy lottery tickets and spare yourself the time and emotional wear of looking at binance every waking hour. i would be lying if i said my short journey so far was not a wild ride with crazy upshot moves that almost made me piss in my boss' desk and downfalls that got me banging my head on the wall. but i somehow kept my sanity and the underlying expectation, with the constant reminder that my horizon is 5 to 8 years, kept my sanity. overall, i guess seeing people making shit-headed decisions (looking at you, doges and shibas) with their hard-earned money brings both a bit o compassionate pity and a bit of rage. i very rarely bring advice on specific coins or technologies - i have no qualifications, knowledge or experience to venture doing so - but once in a while i shell out some sage () standard advice: "mind your risk", "zoom out", "diversify", "invest on fundamentals", "set money aside to buy when low" and so on. this is the kind of things most newbies would benefit the most, imho, to hear. last note: as much as i despise the musk, he is not breaking any rules. what i cannot come to terms with is the amount of people making investment decisions based on a single twitter account. rant over.
i agree, people can easily become gatekeepers and forget where they started. i got my stepson into crypto and this is his first "dip". he was losing his mind, but he came over and i talked him through it.
yup. i've been shat on just today for defending a guy who lost 5k and everyone was being smug af about it.
?? 300 mil market cap 👀 charity coin 👀 300k donated 👀 10k holders?!!👀
and yet here i am all pumped up about my coins being on sale.
started recently to get into crypto and yeah, seeing everything dip is scary as hell.
i keep saying this. crypto is new to a lot of people and when i was new to crypto i couldn’t get used to the ups and downs and the wild swings. but now i have diamond balls due to crypto and you will too one day danielson
i will say there are far too many newbies that lack maturity, and it’s difficult to sit down and explain to them how long-term works while they’re obsessing over massive pumps and dips in hopes of trying to get rich quick. then if you do try to talk to them, it’s more information than they care to put effort in to learn and they won’t listen to you anyway, so c’est la vie most people who got rich off bitcoin didn’t buy btc 2 days before it started pumping. much of that time it was boring, small gains. sometimes big dips and they kept holding. they held for a long period of time, some of them for years and after years it finally spiked and they saw the profits that end up in headlines most people who got rich off doge didn’t buy doge 2 days before it started pumping. much of that time it was boring, small gains. sometimes big dips and they kept holding. they held for a long period of time, some of them for years and after it finally spiked they saw the profits that end up on headlines see a pattern here?
while i agree in principle, i also think that investing any more than you are willing to lose is a grown up game with grown up consequences. newbies that are too shaken need to reevaluate their strategy and take away some lessons.
thank you, the gatekeeping in this sub is frankly the worst i've seen. it turns a lot of people off and even leads them to believe that the entire crypto community is awful.
this is my first dip in crypto. this thread is actually reassuring and i appreciate everyone here for the nice words. if anyone has questions about online marketing or building a business, hit me, happy to help with my own experiences
for real... i hate the no newbs vibes this sub can have
around since early 2017, can comfirm lots of salty bitches.
a bit of hazing, i suppose. get yer ass back over here, noob, *gives a good hearted noogie* it’ll be alright, you don’t see me running for the hills do ya
a lot of people are self centered and think they are better than everyone.
yup, a handful of people in this sub tend to come off as assholes as of late, reflecting poorly on the whole. obviously not everyone, but enough to make someone new here wanna turn around and leave. the hate and general negativity towards people new to crypto and the coins they choose is fucking chilthish. sure, there are people on here being nice and helpful, but a *huge* chunk of comments you see tell a different story. also, people... shut the fuck up about your doge hate. nobody cares, but you'll thiscourage new people who *do* care about doge. it will either thrive or dive, no need to rag on it 24.
as a comparative newbie when it comes to alts, i’m not having a dip enough to be honest.
thank you. this sub is so fucking weird
the issue is that it is way more expensive to enter the market (growth stocks, especially) or crypto that are established (btc) these days compared to years. we see all these growth charts. we see people "enter" the market in 1995 or whatever. the stock market value was much much lower, stock prices were lower. for the same , you get less stock than if you entered in 1991. so it feels like you are always entering at near ath of the stock market, since it is impossible to time entry into the market at a "low" point. this inevitably means that you have to wait for the % growth from 2021 onwards, compared to 1991 onwards.
hold on a sec i thought the whole point of all of this was to be creatively mean in order to get internet blowjob points
people talking shit motivated me to make better choices and research more, talking shit is good
as a newbie and an emotional person, i do not like seeing fellow newbies freak out. it makes me fearful as well, and sometimes a little depressed. i think some people realize how the fud affects newcomers, and that makes then react the way they do. on the plus side, i always appreciate those who spread positivity and sensibility in the rough times; there are a lot of you here. for the newbies here that might need peace of mind in the future, check out the modern investor and. they've both helped me a lot.
well at least ada is hitting ath the only green i’ve seen all day.
you're telling me people on the internet are assholes? whaaaaaa? nooooo
also people definitely know or soon learn that they mistakenly put too much, and they are here to get some ideas of what to do next and what to feel, not have the obvious spoken to them.
the tone and inside joke nonsense are part of the gatekeeping, with some slinging obscure acronyms and "cool" frat boy phrases around like a archetypal hot shot fighter pilot instead of a dude watching charts like the rest of us. if you're one if these dudes you're a fucking loser, i do not care what your portfolio looks like.
it’s ok not to be all rainbows and unicorns
whose responsibility is personal financial investment? i understand the sub has turned into r? split the board and usher the newbies to r. personally, i don’t mind newbies! after all, who better to hold the bag?
bunch of mushy stuck up snobs master-bating to their shaudenfreud of people losing money ... you’re a chump if you celebrate the loss in someone’s portfolio!
ikr?? most of these guys sound like they have been bullied and need someone to take it out on
to newbies: during dips, focus on the volume of your portfolio more than the value
> we are all in this together, in these trying times, you probably should not have phrased it this way...
what did the noob become after a couple months in crypto? a vet!
i like you. we are here to help each other.
lmao. am i the only one have jan 2018 flashbacks?
yeah, the money i invested was just spare money that i could lost. even then i got freaked out the first times. hell, i still do even tho i use this as an opportunity and buy dips. even knowing that it will come back to normal (in theory) it still hurts a little 😂
completely agree. this sub is overwhelming and scary when i was a newbie. and you know why newbies buy safemoon, hokk etc? because the communities are supporting and welcoming 90% of the time! even my super testosterone filled husband (nothing bothers him) said 'wow, people in crypto are shit to eachother and completely full of themselves' and refuses to be a part of it.
you get shaken out and come back with nerves stronger than the last time. it’s like a muscle you train like a bodybuilder by being a fucking loser.
courtesy in this sub? lol just post about shib and watch the true colors come out.
can’t do anything else but upvote, i like this kind of mentality. i understand that it can be frustrating to veteran investors, but for newbies like me it’s so helpful to have a supportive community.
fuck'em if they cannot take a dip.
well, as a dom i need you to shut up and lick my leather boots!
for me, this sub is a lot better than many of the coin-specific subs, where people can be just plain dicks
its easy, insecure and jealous people thiscourage you to improve and grow. secure and matured ones will teach you and share knowledge on how to grow safely. beta mind vs alpha mind and heart.
hehe yer a sub
don’t fret. btfd. get rich.
talk for yourself. i am a salty bitch.
the first time i got in the red i thought this is the end and now i think okay it is red so what... you get used to it
elon is the villain we deserve
honestly, this was why i kept away from cryptocurrency for so long.
for the love of god, not everything has to be about each other's feeling and being nice. that is exhausting.there is valuable advice here, take it or leave it. money is serious business, this is not a care bear sub last time i checked. i agree that nobody should go out of their way to be rude or nasty, but being straight forward is a very common trait in people who are go-getters. get used to that or start your own sub where being nice to each other is a requirement. this am not ya mommas house. a major part of crypto trading is managing your own emotions. read that again.
fuck em if they can’t take a joke. -samuel adams
best advice i can give to any newbies is learn to use stop losses. if you are always trading in and out of coins on binance which most newbies are then trade them as futures (not leveraged) and set stop losses increasing as your coin goes up. all my positions were closed in profit through the night and now i’m ready to reinvest when market stabilises. it takes the stress of knowing your not at the mercy of elon and his bullshit
i am a salty bitch
i'm new to crypto, playing with 165 usd (200cad) i tried playing the dips, made 10% first day, very happy with how i played the dips all day, dollar here, dollar there, then i put it into eth for the evening when it came down yesterday, losing 20%, then today playing dips again made nearly 20% then kept it in nano because i actually like it and i wanted to tryto go longer rather than playing the spread. i'm also long on cardano. i am now down the most i've been the whole time, i couldd have sold high with nano, i considered it, would have been up 30% o the day...kicking myself for not doing so, i'm now down to 138, it is tough to watch for me, i'm doing this to learn at the moment, i'd rather not put a bunch in, any pros have anything they could add to what i did? should i focus on playing the dips rather than going long with such a small sum of money?
rather come off as salty and seasoned rather than the moon hodl lambo dogeboys.
every time there’s a dip in the market i see 50 posts like this yet i see 0 posts of anyone actually panicking.
agreed y’all are a bunch of self indulgent dickheads sometimes - no different than the wall street stooges so many of us are against
i've been bann from askeurope why did that happen?
lmao if you have eth or btc you have nothing to worry about
is there anything this sub can provide that isn’t about newbies? the top posts are usually unsolicited advice. where should one go if they are not newbies anymore? can someone recommend a sub please? thanks.
y'all come off as morons too.
why not create a subreddit solely for newbies?
this is the way!
lex fridman address is this in his podcast with robert breedlove and they came to an agreement that it is sort of an immune system response to protect from negative outside influence, but like any immune system response it can go wrong and end up like an allergic response and end up harming the host so we have to see it in that sort of light, that the pretentious individuals are using the wrong method to protect the image of what they invested in but often their intentions are good for our shared asset but their methodology is flawed by regular human tendencies, if we can do the legwork of shaping them into educators, then we all rise together. but the kind ones among us have to make that sacrifice at first.
i’ve been here since 2017. i feel nothing after 4 years of horrific barts, but i will still post “aaaaaaaaaaaaaaaaaaaaaaaaaaaaa” every time bitcoin drops
i was rude to a guy who got into rlc at 9.8 after this straight downwards curve. i mean how cannot you not see where it is heading?
i agree. they’d probably hodl more too…
there's so many know it all types posting on this sub. the truth is no one knows anything. except that the value will go up. so hold on to your coins.
this sub for sure has a powerful and cringy "i live in my parent’s basement" vibe, but it’s among the most civil and friendly, not sure what you’re talking about.
i have a question as a newbie. were shillers a plague back in the days as well? because tbh, it is overwhelming when you see that the staggering part of the crypto community is completely detached from reality.
death, taxes and the weekly post about being nice to newbies.
it isnt just this community its reddit in general alot of toxic individuals who just take things way too serious that when they see questions they just tell you to shut the fuck up. if a nooby lost like for example 30% buy in and asks what his next moves are people tell him to stop doing crypto??? like some people just want 2nd opinions from people who do it longer.
maybe if everyone would stop fucking saying buy buy buy and come back with some educated information so young people putting their . this bullshit has lost money for way too many people who only had "trust me"
encourage them to look at the big picture... while my wallet is taking a beating today overall i’ve more than doubled my money. today is a buyers market!
definitely agree with the idea of a framing shift toward being kind in replies to panic fud. however, one shouldn’t separate being firm from being kind. because the two aren’t mutually exclusive. it depends on the situation. some personality types respond to firm truth better than soft delivered truth… either way, absolutely no one should be acting outright mean or thismissive. that’s not appropriate in any situation.
i’ve been here so long i feel nothing! so just stick around guys you might be able to get a lambo or something.
yes agreed. also please shut the fuck up about how you “love the dips because crypto is on sale”. we get it, you’re not scared because you buy more. from the bottom of my heart, nobody cares.
i made a twitter to follow musk and only him weeks ago. now the notifications are just annoying
the way everyone talks shit about dogecoin owners is not inviting either.
is there a trading platform that allows you to write your own automatic trading rules? for example, if x is up 10% and y is down 10%, sell some x and buy some y.
that’s cause we are a bunch of salty bitches.
let’s not turn into wsb.
i agree its good to be nice and i try drive that point often but when i wake up to loosing 1500 dollars because some people took finacial advice from twitter or panic sold sold when they saw they were red im a little less chipper and nice. but youre right lots of people are new and losing money is scary and im confident i will recover so much so 8 bought more. but its still in the back of your mind what if it doest lol. i mean partially its my fault for keeping 80 of my assets in crypto and maybe i should take my own advice and only use what im willing to lose. in the words of hitler(dont get to say that often even joking) "i've been a gambler all my life"
i'm new and still learning nice you mad a thread for this.
omg you are back!
i love the panic that newbies bring into the market. it creates volitily that allows me to make money in it.
pretty chill now but you're right, that first red scares so many people. probably huge reason for dips.
tons of people here are salty elitist fucks who treat others like complete shit and spit on them
this post is so annoying, i see it every time there’s a dip but never see the people being mean to newbies this is such a moon farm
as a 3 day old newbie in btc and eth, thanks for this post.
literally this. it’s so weird to see people on this particular sub gloating about someone else losing money in crypto because they’re new and trying out the market for the first time. as if we started out experts day 1 and never lost a single dime. as if when we invested in crypto for the first time people didn’t call us fools for “wasting” *our* money. it just comes off as being salty towards people that are new to crypto and are taking in huge gains in shorter times than those who were initially here a couple years back. if someone cashed in on “memecoin” then good for them. profit is profit no matter the way they made it. bottom line anyone investing in crypto helps to further legitimize decentralized currency in itself. because it’s not like government or banks want our money decentralized if they can’t control it they way they do now. the more people who buy into crypto, win or lose, the better for all of us. let’s not forget that these newbies are driving up the values of our portfolios too. it makes zero sense to be elitist about anything. either you’re here to make money or you’re here to stand on the sidelines turning your nose up at people taking gains from a currency you aren’t even profiting from. that’s a loser’s mentality and i got into crypto because i got tired of people telling me i couldn’t make money in alternate ways. so i’m not gonna turn my nose down at these new thousandaires or millionaires, or even the losers who tried their hands and failed. i’ve been there more times than not, that’s crypto; we all take losses. i’m rolling with the tide of crypto evolution. either put up or shut up but please stop being the salty bitches that you came to get away from when *you* first got into crypto yourself.
this sub is full of crypto elitists and the fact that many of you act this way is a detriment to the entire movement, hope you're aware so much holier-than-thouism in crypto
y’all need to grow a pair of diamond cahones
i hear this, but as a relative noob i get frustrated with them wigging out. i mean, we all know what we're getting into. did they think it wouldn't actually be volatile?
lol for my first 2.5 years in crypto, i didn’t see a single shred of green. i was red from the get go and the positive ‘advice’ from this sub was simply naive and misleading. being forged by fire builds resilience and a greater sense of rationality, the newbies will be better for the experience in the long run.
as a newbie, i agree
im not selling this time, learned from my mistakes
if you're holding for the long term then you are not here bickering about people who sell when under duress every time there is a dip. if you're a short term paper hands dude who's trying to make a quick buck shilling rug pulls on the other hand... yeah, sure. you have to do *something* to kill time while your wife's with her boyfriend.
i am a newbie. since my investment "carrer" started with gme i am used to heavy swings :d
thank you for saying this! i agree, we’re all in this together, however cliche that sounds. whether we’re new here, been here for years and years, or anything in between. being condescending doesn’t help anyone, neither the new kids nor the veteran. every single soul here was new at some point and had to learn. and if you’re doing it right, you’re still learning.
first time dipper here, wish i'd started sooner. seen nothing but green since january and was just wishing i'd put more in. glad i did not and will probably put a little more in soon. put a couple quid on the meme coins too and hoping for a 'dead cat bounce' but this is why you only put down money you're either 100% confident in and. still just getting a feel for things but one phrase i've already learned to hold true (so far) is 'buy the rumour sell the news'
if you wanna see a salty bitch just criticize eth gas fees. its like swatting at a roaches nest. they all come crawling out.
at least the ira had the tendency to call in car bombings before hand, if you acquire very little information you do not know what it is about. " to be fair they’re probably the same people who were trying to give deuandra the benefit of the doubt when he deliberately made sure to sexualize the hell out asap and cut all contact with them or have caused them direct harm. just because a lot of sense but yea i kinda just assumed it was all anti trump us politics stuff... right sub?
as long as you believe in an investment there is usually never a time to sell until you have either hit or goal or are realizing those gains. and on other occasions learned new facts that make you take your money away but i call those lessons in the future.
first time i lost 25% on my second day. felt like the biggest idiot ever... what you say is true
yes i spent the evening supporting newbie apes. be fucking nice to them
how to fuck up someone's mental health in one sentence? easy. "if you have lost money in this bull run, then you have a problem." you do not know that person's entry prices, you do not know if they were stuck on alt-coins during big corrections.
what do you expect it’s the internet
right, do i come here to learn or gloat?
i remember being a noob in 2017, and thinking that comments were either really helpful, or brutally harsh. you'd think i promised to eat my dick on live tv if btc did not hit ,000,000.
just zoom out on the charts. if that doesn’t help, then just close your eyes lol.
that’s because we are a bunch of salty bitches
thank you! this needed to be said because some people behave as if this is a closed community. i’ve gotten some rude responses on here just for being new to it all.
insert “u mad?” meme. ahh those were the days...
we should make a saltcoin which is directly backed by toxic reddit comments
yea no one likes good ole days talk, your not cool for being here earlier the. someone else.
my favourite thing is seeing all the comments that suggest they know what's going to happen next, like they are some insider or just "get it". which they of course do not.
all this sub does is give pep talks when there is a dip and declare they are not scared.
wholesome post that i really needed today , really is scary having a dip like this very very new to crypto trading although ive kept an eye on crypto for a few years , but definitely going to sit back try and not think about it too much ><
i totally agree. i've noticed this too.
always a tough crowd in here. any newbies to crypto should probably use a subreddit for the specific cryptocurrencies they have invested in. in addition to this one.
it is a bit obvious though. people come from stonks where 2% roi is superb because 2x in crypto is not too uncommon. people should understand 5% dip is not too uncommon as well. its not like you get 2x in a single green candle. it swings hard both ways. if that is to much for your stress levels maybe wait until the cap is a bit higher and the swings are a bit less volatile. or just stick with stonks. we cant really have every sub swarming with people shitting thier pants every time a red candle appears.
hahaa yes. i was just about to post something like this. well said. this sub can be so toxic. so many posters you can tell are salty but they spin it in a way like they are showing their knowledge off or showing you the 'truth'. i really cannot stand seeing this sub. was way better in the bear market as a whole. still some quality posts but most are moon hunting.
if you believe in the crypto you invest in the right now does not matter its the long play that counts. todays dip will soon be yesterdays sale. i repeat invest in projects you believe in.
i hate this sub already and i just joined it
im a newbie that it extremely excited to buy said dip
shibu and vet vthor to the moon. 👾👾👾
yea that plus deleting posts about specific projects some dont rate, regardless of their fundamentals (cough cough hedera hashgraph), this is cryptocurrency sub and all serious projects should be allowed to post their threads without censorship based on rivarily.
as a newb myself, i want to learn more about cryptocurrency but am literally terrified to ask anyone a question about it. so far i've found i get immediate judgment either way. i'm either an idiot for not knowing or an idiot for wanting to. so... my advice would be that if you want more people to take crypto seriously and get in the door, then maybe take people who are curious more seriously.
i am new to all investing stuff including crypto, and from what i have seen on here its that i should not sell and should, in fact, buy whilst the market is down
you can’t have pumps w
i'm not that big of a newbie to the crypto scene, have been in for about a year now, but i've found this sub fairly helpful throughout. it's better than most of the subs specific to one coin like r, which tend to just be "x-coin is the best and will go up forever so just keep hodling". that being said, today's overall dip in the market has been the largest i've experienced personally (as someone holding bitcoin, etherum, monero & doge) and even though i know it will be fine and will go back up eventually (except doge, which is unpredictable and i've got no fucking clue what it will do), it was still worrying. i imagine a lot of the users here are in that same boat, they get that it will be fine but they need reassured.
i have learned something tho, i used to be terrified when my portfolio dipped. til i realized, "hell yeah time to dump more into my longs!" like do not get me wrong i was hyped with eth hitting 4100$, but i was just as hyped to get back down around 3500$. cause guess what, i know where it is going in the long run, so this dip is just a prime opportunity to get more capital in what i believe in.
and frankly, correct me if i’m wrong, but some people panic selling is where a great deal of the dip value potential comes from- it drops in price as they leave, giving brave investors a better deal to buy and greater potential increase when it recovers. so as long as it doesn’t completely tank, it’s not a huge deal if some people run away temporarily
for me, i got into etc at (), then again at (). i grew into ,400 and then near ,100. i was convinced it was going to hit , but at the end of the day i pulled out at 'm glad now that it is dropping. it was an emotional rollercoaster, and it was not money i needed and i did not even have any loss. it's just being new to the space, that is all.
welcome to the cryptocurrency community? are you new?
i love that i don’t even have to check prices anymore, i just look on this sub for titles reminding vets to be nice to noobs to know which way the markets going.
the volatility is what's creating wealth. literally anyone can pick some bluechips, buy dips and hodl and they would have 3
it’s that vicious cycle. the people being hostile probably had the same thing happen to them when they were newbies and now that they’re “experienced”; they get to dole out the hostility. and on and on it goes.
i'm shooketh. get it? eth
i'm a newbie to crypto. i just started investing on monday with . so far my portfolio includes btc, eth, ada, xlm, link, and algo. i've been trying to build it up evenly so i do not have all my eggs in one basket. i've lost over . i have not sold a damn thing. in fact, i doubled down and invested another . will it work out for me? i do not know. but i'm confident that these coins will increase in value over the next year and this dip is only temporary.
i identify as a salty slut. please address me properly. 😊
people need to realize that nothing is guaranteed and any money they throw in can 100% thisappear. this is a complete gamble, just like stocks.
bruh dips make everything tastier, enjoy your dips ppl 😋
yeah ya bullies 😂
is anyone still buying doge ??????
got into grt at a decent .4 then it dropped too .2 i'm a sad sack rn.
so elon is the cause of the end of 2021 bull market, who would’ve known
like i said the daily. a lot of people were crying about losing money the last two days. they were also the same people who laughed dogecoin owners and brigaded the dogecoin sub. i understand we were all sad our coins didn’t make us instant money like dogecoin owners but jesus this sub showed how ugly it can be. especially to people who bought near the top as if “oh well ya should have known”. fuck off with that.
right now elon has played the market a few times already and i believe that people shouldn’t let this rich wealthy man manipulate people into where to throw their money and lose it. we shouldn’t allow this.
true, i’m a newbie and i’m tryna have some support not get bombarded 😂
i do agree, but it is also frustrating when people do literally no research and then the second it is not free money immediately and they start screaming it gets pretty fucking annoying. it's hard to have sympathy for people who just throw their money away.
the problem i think is that too many people take it personally when you offer up advice that they do not want to hear. i do not think it is a newbie problem, but a communication problem. life is fucking tough, if you cannot handle the response "well if you need your money back soon you should not be investing in crypto," a very tame message compared to other things i've seen, you've got bigger problems.
since when is this a teaching community? i made my mistakes 4 years ago i didnt go cry on a sub? let people make mistakes. i dont see the necessity in helping new buyers, fck me ive seen way to much hype and this and that. if it doesnt show on my indicators if it doesnt show on my charts im not buying that coin (or stock other hobby) all i see is people desperate to make 1mil from 20dollars. well boys that aint gonna happen. ' i only wish this place can be normal for once and just talk about some coins here and there while i do my own research
this is the kind of community i can get behind!
i like this post. to be honest, i've always been too scared to ask any questions because i see the replies on this sub. i have no idea what i'm doing and just want to make enough money to buy a house and try to be a normal 33 year old, so i basically just throw money around different coins like a child. thanks for bringing attention to the "saltys" op. here, take my free award. :)
yes i was offended by the post about shiba saying vitalik pulled the rug and made it seem like shib was a complete scam coin when in reality no one solid proof of it and i was attacked for questioning it. yeah i am a newbie and made tons of mistake bit this is one of of the subs i trust most about crypto info.
it is not just here but on every sub on reddit...i just bought blah blah blah and now i am down 20% suck it up buttercup and stop whining.this is not a safe space to play with puppies and talk about our feelings but a place to exchange investment ideas do your own research, buy more on the dips and put your big boy we are all on the same ride
ok i’m a newbie here. i bought some bitcoin for the first time last year, (i think) mostly because a friend kept saying i should. the first thing it did was lose value. i just laughed, i only bought . it’s gone up now though.
i'm an idiot. guys, this is not another subprime mortgage situation but remember 2008 and pull your heads out of your asses.
i’m a 45yo male who knows absolutely nothing about crypto. where would one go to see what’s trending? how do you know what to get into early enough to make it worth it?
its a great point, and though new myself i'm guilty of curt retorts.
thanks for sharing this post. as a newbie to trading in general, there is been a lot of times i've tried to ask questions and pretty much get told "if you do not know what you're doing you have no business doing it" i'm not investing thousands... i'm just trying to learn!
markets down but cardano is up!
i'm a newbie investor in the space, and i'm basically upset because i bought in high right before this crash when i could have gotten more bang for my buck. i look at crypto as a long-term investment, and though i'm definitely not happy with this round of volatility, i'm thinking it is more of a blip in my 10-year timeframe where i think most crypto will continue on an upward trend long term. but, yeah, it is frustrating to see such big crashes based on a billionaire's tweets.
well put, op. i am a newbie and appreciate your empathetic take on the thiscussion.
we need to be softer on our potential victims
also maybe just be nicer to everyone in general? feels like people get so salty when others come in all excited about the thing they’re into. the negative comments are unnecessary
some of you do not like doge, but doge has an understanding, affectionate and helpful minded pool of people. that's how you build community and support for a strong cause. so props to you!
i might be colorblind since all ibse is green
so i’m pretty new, oct 2020...i haven’t really panicked with any dips or bumps before. just held my position and added when i could. but this one messed me all up, i’ve learned a few things from my mistakes. but i bought into a lot of new things that i haven’t held before so i’m hoping i got a good thiscount and keep rolling with it. i haven’t taken profits at all... something i need to learn.
"even if that is true," are you that daft mate? there is truth and there is sugarcoated falsehood, if you prefer to give other adults sugarcoated falsehoods to "not hurt their feelings" instead of telling them how it is you're simply a fool and or guilty of the very things they are calling you out for. people seem to forget retail investors are irrelevant when it comes to the actual growth of this market and whether people are in crypto or not will mean jack shit when regulation comes in and finally pushes this market towards maturity. 2013, 2017 and now 2020 have all been purely speculative cycles and the actual adoption cycle is no where in sight and it will come whether small retail investors are in this space or not.
it's also thisgusting and offputting when you have a regular here that has said on several occasions he literally gets his rocks off by watching "shitcoin" people "fail" - not to kinkshame anyone, but fucking yuck and it makes me not want to interact at all w.
crypto is a ride and i remember going red for my first time! and thinking this is it im done. i kept telling myself do the research and hodl...hodl and hodl... be smart invest ride the wave and throw your emotions to the side. before long you'll be stacking! leave the trading to the pros that know the ins and outs! enjoy!
just buy and hold
if your investing while uneducated, are you really investing or just gambling?
paper hands get crushed
i have noticed this hostility. if i recall my sociology and group psychology education correctly, i think it is common for members of an already existing group to react with suspicion, irritation or negativity when new members enter said group. i notice it in myself especially at work; i get irritated or will think the worst of newbies. it's not a nice or helpful trait, but i see it in myself and have to remind myself not to be a jerk and remember that everyone is a beginner at some point. every leading expert in their field at one point was a total novice. repetitive questions or comments also can get tiresome but that is the nature of larger groups. repetition is inevitable. so yes, even if you notice yourself rolling your eyes or thinking "jesus christ this goddamn question yet again?" the best thing to do is either scroll past or patiently answer the question.
the crypto world is the wild west, noobs better be ready for the big dips.
i barely noticed. i mean it actually payed off for me, even those i've lost value, i actually mine eth and for some reason people have been paying nearly double for it... probably want to move out of btc.
they forgot before they were newbie or assumed they are not newbie but actually are
today's top posts: "you need to be nicer to new comers!" "you should be praising vitalik!" "if you invested in shit coins you're a joke!" "if you panic sold after a tweet, you're weak!" next time reddit asks "is r?" i'm just gonna say no, cause seems like it is more a place for people to tell me what to do lmao
don't get on this game if you're not ready to lose, with a smile on your face!!
yeah i agree, stop driving away the newbies that bought my doge at .73
as much as i love learning crypto, this forum is mad toxic at times so i never find myself on it. i agree 100% on this.
salty bitches on reddit?! no fucking way!!!
it's scary to lose any amount of money. especially since most people i talk to put way more than they can afford to lose in
after awhile you forget what prices were like months ago and just buy dips, i used to feel foolish buying eth at 2500 and seeing it dip immediately after but now i see 3700 and it feels like a bargain. so i can relate, we just have to be patient with each other and the market everyone starts somewhere.
value investing is important for crypto. tokens and projects you believe in. they’ll come around
took me 4 years to be in the green again. set it and forget it.
the saltiness of experience lol. probably best to think of it as your first dip. what were you unprepared in knowing?
i have no clue what i’m doing and this is the first post i’ve made on any crypto sub. i’m so afraid to get mocked but i literally know zilch. i had a friend tell me about eth—i’m brand spankin new to investing in anything at all 😂
it's a very unforgiving space, get real
i’ve only been in for a few months now. started at the end of january. i mostly lurk subs just cause i don’t wanna have people get pissed that i’m still a noob. i still have a lot to learn.
so what you’re saying is hodl
this needed to be said everyone of us were newbies at one point it’s no different than stock lovers who say you shouldn’t invest into stocks because of volatility if someone really can’t handle it you can always recommend an etf, there are crypto ones too!
listen just keep 10% in a stablecoin and always buy the dip! or blow it all last night like i did and watch it dip more and me mad that i could have gotten it even cheaper😡
i got into crypto in february, and it’s been going up the whole time. this is my first big dip. it’s definitely a roller coaster ride of emotions. wondering if i should sell everything or just hold. but seeing everyone say this happens often has made me realize that i’m in this for the long run and to just hold on for a little while longer.
i'm low on electrolytes; where this salt at?
it really puts me off to certain people here when they are rude as hell to people. we should be educating or at the very least pointing people in the write direction where they can get accurate information. this shit is going to change the world. some people are in it to make some quick cash. some here for other reasons. just do not be an asshole? gotten me pretty far i life, just saying.
getting shaken by dips is, honestly, pretty smart at this stage of the cycle. im starting to think about permanent stop losses moving up with all my spot positions. if youre one of the people dcaing or happy to hold through a bear market, this means nothing, obviously. if youre somebody who needs to take their profits to buy something in the real worl at some stage in the next 12 months, you should be worried about dumps. every dump could be the last for a while, or could herald a bear cycle entry. and you wont know its a bear market till it all of a sudden dumps to 20k, then to 12k, then youre fucked and its too late. bulls are awful full of themselves until the market goes to shit. then they regret everything.
one thing i learned this time is always save a portion to buy the dip, otherwise dca
they'll learn those are sales.
rule . stop looking at your portfolio every 5 seconds! hodl
so many subs need to hear this. r. people all start somewhere. and if more people buy into it, then the price increases. so scaring people away is actually hurting more than helping, imo.
my only advice. shitcoins die. u don’t want to be bagholding. take profits. create a portfolio with awareness of the %
i've made similar comments several times. the crypto area can be pretty elitist and snobby. it gets worse if you visit any cryptos subreddit. it would be nice if more people were informative, kind, and understanding especially of people who are testing the waters for the first time. instead you get alot of snarky and smartass comments.
nothing is scarier than being married. we now know where all the single ladies at
i’m far from harsh, but aren’t there other ways to grow through? i didn’t learn from a thread, but from dd, buying, selling, pain and suffering, and finally hodl. we all choose our path.
i'm 4 years in and it is still hard to stomach seeing some coins go into red. even when i'm still in the green for my investment. i am smart enough to engage the dips more as time has gone on to capitalise but this is years in the making. not weeks and months. bear this in mind. of course do not invest more than you can afford, be prepared to lose what you have invested and set your price target at the outset. then just enjoy the ride.
going through your first dip is an education. it will change you. you will never experience any emotion again. you’ll be dead inside, after this. it’s good for the health.
arguably everyone on reddit is a bunch of salty assholes...
people are being salty because they are scared themselves.
i'm always salty. they're not special.
honestly i’ve lurked in this sub for a few months now. and most of the posts come off pretty pompous.
investing in bull market is luring but there are so many scam project there. starting with bear market is much more healthier and safer
look, if you've been in crypto long enough to be a mod here, you saw this coming and know posting about it would not change it. let's stop pretending newbies are pedestrians and mean older holders are drunk drivers. the community belongs to the older members. they're why the newbies are here. i started mining soon after launch and over the years little changes except people trying to exert their will to make things cool and open get worse at it because so much is coopted. if people want coddling, let them pay for a financial advisor. -one of the first cryptocurrency community members, mining since soon after the launch of bitcoin.
i just started a few months ago, i get so anxious lol but i'm learning slowly.
i think of it as a sale, so buy some more!
wallstreetsilver reddit inflation is here
i dont know what dips are, i only see buying opportunities. anyone paying attention to the adoption timeline and understanding cryptos case use value would be thinking similarly
my question as a newbie is, is there a way after you buy a coin and it dips really bad, is there any way you would owe money. as in receive a bill or email demanding money to cover losses or anything like that? or if it just hits zero then you're out whatever you paid in, nothing else happens.
couldn’t agree even more with this post. even if they’re newbies buying doge or shib, we win nothing by thissing their asses like a bunch of elitist.
it’s every sub lol my pot growing sub same thing people who just were asking questions a few years ago get all pissy when someone asks “what deficiency is this”.
fuckem... feed em fish heads i say.
good statement, agreed. i did not have reddit when i first started and i got scared as **** when i first saw red. i sold a bunch of coins instead of buying. i quickly learned that was not the way and i stopped being scared. i found reddit soon after and i assumed everyone knew, but this reflection opened my eyes. i have never treated anyone bad, but i will pass the word on to new people.
lol it’s ok i’ve always just assumed this sub was just that
well said. this happens across many investing threads and it stinks of generational conflict. the older folks scold the younger for not knowing the apparently clear truth.
yeah i see people getting attacked for asking simple questions. this sub became too elitist.
hard to be nice when they are new accounts and all their post history says is "dogecoin to the moon".
no one can hold your hand through a 40+% drawdown
you do sound salty af, every other sub of the same type are just trying to be positive while in here you guys are so mean, it is sad really this could be a great space.
when in doubt, know that we are less than 3 years away from the next halving.
also think of it as a percent of your overall portfolio. there are a bunch of articles on it. seems like 2-10 percent is what is recommended depending on how much you believe in crypto. definitely don’t put all your eggs in one basket.
who do you think you are to tell me what i need to be.
yes, yes you all do.
honestly not everyone is going to be understanding when a newbie is upset. had my fair share. ppl are going to say wtv it is they are going say, cannot stop them or force them otherwise.
stfu!! oops, sorry. i’ll try to be nicer
yeah this sub gives off very elitist vibes these days.
yaaaaaaasss you tell them
i’m still new, but from what i understand the bear market is a steady decline downwards, not a straight slope, it still has some ups, but is mostly down, lasting 1-1. from my understanding we shouldn’t expect the next bear market until september-january, but i’ll tell ya… watching the market since elon the twat’s post about btc has me thinking we hit it a bear market early. i’d be very upset if a single person could cause a bear market though… edit: but it does seem like the market is starting to recover, so that’s good.
i generally agree, always good to share your knowledge and help other people whenever possible. everyone should have the chance to learn from other peoples mistakes before they make their own. but sometimes you come across idiots that deserve to learn from their own mistakes. they continuously ignore all good advice put towards them by people that have been around a lot longer. and always buying into the newest random pump and dump schemes, garbage projects, or outright scams. if you refuse to listen to good advice from seasoned veterans, do not come crying to us when you get rekt.
we are rude salty bitches
agreed, but its also each persons own responsibility to manage their money effectively and learn the nature of the markets, the product, the coin, or the company they want to invest in... and to be rational about expectations. anytime i see, "you guys told me it was gonna moon!?!?" i wanna rip someone apart...
i've been through a few dips now, and even made a comment regarding the recent activity pointed towards newbies, but i did not insult them. i made sure i pointed out why things were going the way they were going, including reminders of transaction fees. it might have been a tiny bit gruff, and to those who were insulted, it was not intended as such. simply a pointer to a behavior i had when i first started with crypto, in fact i think almost all of us did, i thought they gotta know. fighting the constant whipsaw of crypto is a battle you would not win, you might get lucky a few times, but it will come back to bite you, wait for a nice 20% dip, throw some fiat at it and pat yourself on the back for catching the wave, check back when you got some more free cash. you are going to watch hundreds of not thousands thisappear and reappear higher over the course of weeks, it is nuts, but that is crypto.
remember the days of the mods pinning the suicide hotline numbers on the front page?
yes, we have got to be nice, that what i thought back in 2016 when people were cursing me on this sub
as a newbie, thank you. i’m happy riding out the dips, it’s a bit of fun and i’m learning lots.
because there are a bunch of salty beezies in here, i've had a pretty lackluster experience myself. if everyone acted more like the apes in r, but just spoke about crypto instead of gme, this would be a better place. call a shill a shill when you see one in here. trolls exist in general, add financial gain to the agenda and now you have mega-trolls called shills that will attack ideas contrary to popular fact-based data. simply, be kind to one another and treat people the way you'd like to be treated.
i mean but it is true if they need quick gains they are not even investing they are gambling with rent or bill money...
do you think that the ocean is salty because the land never waves back?
how else are the ogs gonna feel superior? most used to live in parents’ basement till they stumbled upon crypto. never made any real contribution to society and think they’re geniuses for getting in early.
they once were newbies as well.
finally, someone with common sense 👏. this is unheard of in this group.
its not a loss if you dont sell.
finally!!! amen...the only people we can trust is ourselves, and the silverbacks that are kind enough 2 lead us to ship and maybe even have the buckle us in only when it is time. being an asshole is not a way to get them to follow your lead. lead by example, be kind, lead the smoothies to this ship remember no 🦧 left behind. thank you for this post! we are all family in this together. we staytogether, we win together. unity is key! much love to you all!🦍🚀🌙🙌🏼💎
thank you man, i really needed to read this
thank you! i'm only a few weeks into crypto and it is the folks saying things like "zoom out" and explaining that dips are normal that have kept me in the game.
thanks for sticking up for the noobs! i’m here to learn, and i try not to ask too many obvious questions, but some people on here really have a problem with anyone asking for guidance. we all know we can do our own research and use google, but that can only get you so far... it really helps to talk with people who have experience and for me, asking questions is the main way i learn. i appreciate everyone who takes the time to share some of their knowledge.
can someone explain what the moons are used for?
still holding on still up90%. not selling not even thinking about.
i panicked and sell my eth , although still at profit , then read the subs ,, brought again at dip. not going to do that shit again ...
so, i got into eth mining in 2017 and was absolutely doing crypto lines straight off the blockchain bathroom floor. i was so high. we went nuts, raised , and built out a gigantic mining facility in q1 2018 in an old warehouse. it was operational and kicked off a lot of eth but i had to answer to 40 pissed off investors for 2 years. very demoralizing. i never sold any of my eth accumulated (about 80) though before we decided to shut down and liquidate in 2020. the silver lining is that all those that hodled did well and i look like a prophet. now i’m just doing daily recurring buys of btc and eth. forever, never stopping unless fate forces my pocketbook closed. i’d recommend doing this and trying to not look all the time. it evens out the volatility. no trip to the moon is easy. we will encounter massive troubles along the (wall street, govts, hacks, etc). old crusty powerful money will not let go easily. but this is the road to freedom my friends. shoulder to shoulder!
sometimes tough love is needed; but most of the time it is very mean and rude to noobs; i should know; i am a noob. but, noobs should also learn about the basis of crypto from other sources before asking here.
that tends to happen when you lose lots of perceived value. by looking at twitter it seems to be some guy named gary’s fault.
anyone investing in crypto and not understanding the volatility of coins, didn’t do their homework or won’t have the stomach for the dips. it doesn’t go up always. i bought in 4-5 years ago when it was like the dot com era. crypto was going nuts. up everyday. wasn’t near as popular and people were scared. i want to cry knowing my portfolio from 3-4 years ago would be worth about . would have had over .5 million in btc had i not got greedy and sold for a profit when it had a 60-80% correction 2-3 years ago. fun times
because that’s what you are! 😂😂😂😂 salty bitxh!
hey you know you’re on reddit right? joking aside, totally agree with you. i think a few of those posts also probably come off more rude than intended.
no i think to prevent big risky behavior later, you have to fucking lay the point home to drive in the mistake. then you also have to celebrate like crazy when it pays off!
was honestly scratching my head about this post as i genuinely don’t see much bar the odd post. then the op said ‘daily’ and i realised i never look in there!
what crypto needs is for fewer people to treat it like a stock, trying to game the highs and lows, and treat it more like currency. if people "invest in it", but only ever trade it for cash, when a hip check of reality comes on and people question what the crypto is worth when liquidated, well the short answer is it is inherently worthless just like the dollar. if people are not using the crypto to buy and sell goods and services, then any price inflations become artificial and would not be solidified until people can faithfully use the currency at that price point.
honestly, scaring away noobies is the best thing that can happen to them right now. i dabbled in crypto a couple years ago on a whim, but now after a lot more knowledge under my belt, i'm pretty confident that are too many factors that will weigh in against crypto trading to warrant any future investments in it. sure, there may be some lucky ups in the future, but it is about as stable as building a house, on an upside down pyramid, that is balancing on sand, waiting for the high tide to come in. i think it completely irresponsible to encourage noobs to stick around in this market, to help shore up your questionable investments. friends do not let friends drive drunk, or invest in crypto. they all behave like penny stocks. there is no inherent value to them, other than the hype and hopes of the gamblers that put money into it. that is why someone like elon can make a tweet that crashes a third of a trillion dollars out of the market in minutes. crypto is las vegas with worse odds. only play the game if you can afford to lose every penny.
they just need to learn that corrections and consolidation stages are just part of the cycle. you need a market correction to establish support levels before you can go on another sustainable run. if you get a parabolic move, more than likely you'll have a correction not too soon after as the parabolic move usually overshoots the actual market value due to all the fomo buyers.
this is the most toxic sub ever
you generally are salty bitches:p a bit too salty for my taste (salt should never become argument bias which unfortunately is often the case), but it is tolerable. and you can get nice info on sub. you could still chill out with the doge hate though, it is a bit too high honestly. at least for some ppl.
if there’s anyone out there reading this - welcome, i hope you have a good experience w
the problem is when they don’t listen, i know that comes with time but like, come on man. we’ve been through worse shit than a 20% dip before
yep! every other sub i’m in is talking about how pissy this one is. i just want to tell the world that doge is the crypto of the people and you all need to sell btc and buy doge🚀🚀
this is the way...
thank you for this! bless you!!!!
capitalism is competition based. this is not kindergarten with free money dropping from the sky. mommy may have told you you're special, but you're not special. newbies not knowing what to do are where the money that some few winners take home comes from... it's a dog eat dog crypto world.
my turn to farm moons from this copy and post next dip
not if you buy into elongate!. 💯 they have the nicest and most helpful team out there. and they are on 24. really! check it out.
if these newbies had confidence in the projects they but like i do they wouldnt be shaken up at all, its their fault
actually this sugarcoating of words to not offend people needs to stop and that is not just about crypto. if you cannot deal with losing money do not invest. easy as that! if the message is right it is right. ya'll a bunch of incels.
i'm one of those noobies. yesterday battered me - and there was no-one to say 'calm down, son, this is okay.' i saw some guy saying 'do not be the last one holding the bag this time.'
people just like feeling superior somehow
i'm not an "investor" per se, but i did start mining cryptocurrency recently. naturally, the value of the ether which i mine depends on the market, and ever since starting out in march, things have been crazy with bitcoin and ethereum prices (along with everything else) and its pretty jarring to see just how volatile cryptocurrencies really are.
you talking about dips like they are bad… they are just unannounced sales on our favorite coins. everyone loves a sale - nobody wants to pay full price
i see the same losers who are pricks to ppl, being nice and agreeing in here. whatever karma suits you eh, fake ass bitchs.
i just started a few weeks ago and my portfolio is small (relative to all my other investments)... actually kind of glad i am going through a dip a little early with kit a lot in crypto. helped me not panic and hopefully if an when i have a larger crypto investment, it will help me not panic then, having been through a bit if a dip already...
i want to mine moons like this too
disagree. "well if you need your money back soon you should not be investing in crypto" some people are playing games with their life savings and if people play games with their advice then they might not take it seriously and be like the top comment in here who was down 90%. seriously do not invest what you cannot afford to lose. i seen this repeated in multiple investing forums even the gambling addicts at wsb. it's said in . don't play games with your life savings and you would not feel like an idiot on the internet when people call you out. the support and hugs are nice and all but that does not mean we should deter people from giving actual good advice.
"wow i lost + today. i can put " tomorrow: *cardano hits . polygon moons. stellar lumens still being hot. ethereum bounced back*
who on earth would be rude over new people entering the market that would lead to increased market caps? one would have to be really stupid to chase away the people that will eventually make him rich...
i am newbie but i put in only how much i am willing to loose all, if things go south. in yesterday's dip decided to buy more. if you are confident in the technology then there is no reason to be panicked. i see opportunities in these dips.
y’all need to stop posting bullshit telling others what you think they should do. just buy, hodl, and shut up about it. if someone calls your shitcoin a shitcoin and you get your little fee-fees hurt that’s your problem. welcome to reddit.
fair enough, but this assumes the newbs you are referring to are not making posts calling the old guard part of "a scam." there are some accounts who are losing money because they did not take business 101 in tenth grade and for some reason are chasing highs and falling for bull traps, and maybe people can be nicer, but when someone with improper syntax and caps lock rushes to judgement spamming every crypto sub, calling everyone a pos, and complains the sec should get involved, things would not end pretty. as far as most are concerned, it is a two way street. it would behoove subs to create sticky posts regarding green zones when trading and how cryptos work, then at least the old guard do not have to tell newbs to chill out with an angry tone. toxic behavior breeds toxicity. point taken, but it would have been nice to acknowledge newbies are not pure.
it feels like we will never win this
what is reddit if not salty bitches that are assholes to everyone who is not like them?
i find block is a fantastic option for arseholes, lol
come over to the doge community! we’ll be nice to you! do only good everyday
i’ll never financially recover from thi oh wait it’s going back up.
i appreciate this post, i def got worried when i invested them saw it all do the next day, but learning patience is hard.
no worries mate. this is how most altcoin investors see this sub anyway.
i bought into btc and eth at peak a few days ago and now its dipping. first time investor and this is scary lol.
newbie here. i apparently showed up to the party ten minutes before the parents came home. learning a lot right now. didn’t lose my shirt. now i’m just an old country chicken, but couldn’t help but notice the following things happened today (and yes other factors, etc but still...) news tells us institutional investors are taking interest in crypto. btc starts dropping more today then boom slides vertically to exactly ,000. coinbase locks up. robinhood probably did too. within what, 90 minutes? price is up . vertical climb back up. retail investors are having a tums festival while institutional investors are crowing like today’s a great day and assuring us there’s nothing wrong with bitcoin or crypto, this is normal market behavior, have a nice day! seems kinda rigged to me, and who’s to stop them? of course they want to rig a little fire sale for themselves, get some help from the trading apps, and cheerlead the market to keep people from giving up on the thing they just spent billions investing in.
well shit give me the 101
gotta love how just when crypto seems to be slowly moving up it crashes back to the low levels lately tho. i’m newish, but been through a few dips now. still somewhat annoying
have to give it to newbies that they take the first move to learn even if it’s an obvious answer to their question. they have to learn somehow.
that's what happens when everyone on the internet thinks they are a crypto expert i guess, i always try to be understanding and very rarely post just to kick people when they are down!...also i have bought my fair share of shitcoins in the past too! 😉
i'm really sick of smug users on this sub pretending they are totally unbothered by losing 15% in a matter of minutes. give me a break. yes i'm holding, but it still sucks to see.
as an ada holder, i ask, what dip?
agreed. we need more people to adopt and invest in crypto to grow. i made a post in my facebook group about how we shouldn’t make fun of the doge people, but more so help create an action plan for them and build their confidence in taking profits. on the flip side, i can understand how some people are feeling vindicated by the shitcoin. a lot of them became arrogant experts because they made money on doge, and purposely try shit on everything except doge“thisruptive”
you all look like salty bitches when you clown on doge. maybe just accept that there’s room for everyone in this market?
i just wish someone could explain cryptocurency to me... i'm a total newbie and have no clue about anything lol.
i’d make the argument that we don’t really need to be nicer to the newbs. mental toughness, confidence, financial security... these are things that are earned the hard way for most. why support weakness and have a bunch of paper handed monkeys messing with the market. y’all wanna roll with the apes, better get used to the jungle. having said that, i don’t really see people being mean here. kindness is pleasant and there’s a lot of it here but to say that we are all in this together is a fallacy. stop trying to turn a wild jungle in to a garden, i and many others will step on your flowers to get to the fruit.
why? i'm not here to console people who make poor decisions.
bitches gotta learn. let them lose all of their money
hate to be one of the newbies but what websites, someone say this new frickcoin is gonna pop off i try searching it up and it does not exist in the 3 apps i got downloaded
no one reads it, so what’s the point of relegating certain topics to the kids table? either a topic is worth thiscussing or it isn’t.
what a splendid cop-out, staff. lame
never heard of it. can't be real
what the fuck is that moon amount tho fam?
i saw some stats from a broker recently (i think fidelity) that said portfolios with the best rois were owned by dead people. can't sell if you're dead.
exactly this. just hodl and don’t panic sell. if anything look for opportunities to buy during the dip. it’ll all pass, so just ride it out.
there was a breakdown of stock market movements (and for the sake of argument i see no reason why the same wouldn't apply to crypto *assuming* the underlying assets are worth having and will grow long term) showing the importance of holding. this was it - short version is over 20 years the s&p 500's annualised return if you held through thick and thin was about 5.5%. if you missed just the **10** best days trading, your return would be 2%. missed 20 or more of the best days and you'd be in the red. which is far from a guarantee about individual crypto investments, but does mean if you really believe in what you're investing in and have faith about the long term, you do not want to pull out and risk missing the good days. because the good days **matter**. a single big day compounds over time and leaves anyone who missed it forever playing catch up.
you never actually lose anything unless you sell. hodl until you’re up so you only catch gainz
i’m pissed because i get paid tomorrow and i don’t have the money to buy the dip right now ugh!
long story short - invest only money that you can afford not to touch for 10-20 years. chances are you'll make money.
so basically you say i cant ever lose money right?? (proceeding to buy safescamdogemoonshit)
same position. now i’m trying to not kick myself for not buying a ton more when it was that low. i’d be in killer shape now if i had. lesson learned for the next bear market.
the best thing to do when you invest on something is nothing!🤣🤣🤣🤣
i really appreciated this, in anticipating spreading some money in crypto. plus i’m down 50% on nio
i do not know of a platform that lets you do it, but in securities 10% stop losses on average beat buy and hold for return (when back tested, one of the ivy's published a study). admittedly these are not normal securities and i hodl but in theory, stop loss orders prevail for growing your capital.
\*hijack\* if you're a n00b, try looking to . no moons, less salt, more support.
the only people who get hurt on a roller coaster are the people who jump off. hodl.
my stock holdings in amalgamated spats will be profitable some day!
same here, bought in before the huge boom and continued to buy at all time highs in 2017. was down 80% or so for years until now. now i've taken back my initial investment and still have a good amount of money still in. no need for day trading or freaking out. the money was gone as soon as i bought it the first time ans i treated it as such
you do not have too look so far back as the great depression to see this effect. just look at what happened to the stock market last year when the world closed due to covid. if you bought a good asset just hold through you would have done well. think long term.
time in the market vs timing the market has always been the way
you're not "not doing anything" dude as proven time and time again leaving your smart investments alone is really fucking hard work. they do not call it hodl for nothing. you are hodling, not doing nothing. the strongest hodlers have certainly been the richest
what wallet do you suggest? i’m kinda scared to stay in coin base because of their fees. but i guess i’m committed now since i got over . ☹️ i just thiscovered anchor usd.
you think people had a choice back then? it was sell or die, most people had no money left.
"be greedy when others are fearful... " altho it is not wise to bank it all into one investment... this is a form of gambling at the end of the day...
yah and if you doubled up during the dip you’d be up a shit ton. never be scared of the dip. unless it’s a shit coin
thank you for this-was finally confident to begin experimenting with different stocks (i research everything like mad!) and got caught when most of them just plummeted! and i had finally put in what is a chunk of money to me into crypto. my humble goal is . i’m still ’s not looking good. encouragement annihilates ridicule every time. thank you again!
yeah i was sat on a quite a lot of alts from late 2016 early 2017 which only made their money back towards end of last year. as soon as they did i dumped them and bought some eth & btc however most of them keep rising lol! bottom line was i honestly forgot about them from early 2017 until late last year. it’s great to be able to be in a position to do this although i appreciate many may not.
i think you're into something here. history rhymes and all that and recession after recession is bound to ruffle the markets and force this level of speculation.
what kind of research did you do and what were you looking for? i'm fresh as to this
during the bear market of 2018, i was just like "oh well, it is money i lost, no big deal". it helps get detached emotionally. my only mistake is that i should have dca'ing more during that time. only did so a bit.
i like this. i put in some money for the first time. eth and safemoon. the safemoon is an actual gamble which i’m aware of but the eth seems to be a good long term investment which is forecasted to hit high numbers. fingers crossed!
what are some of the best website?
it's all about holding, if you sell you lose. 85% of all coins have gone up since they came out. too many users seeing people get rich quick but they did not get on the train when they was supposed to and complain when they do not see the coin boom. it's a long term investment unless you get extremely lucky. buy, hold and forget. repeat the process.
im bullish to a fault. don't ever look at my total portfolio amount, i see red i buy more, i see green i logoff bored. its not like its options where there is an expiration date why care about the numbers on the screen if your intentions are not to spend it or withdraw it. its just egobucks. thats why hodl is so nice you just do not care about daily.
yeah for sure. i remember my first few dips and they were scary af. doesn't matter if you are investing what you can afford or whatever, watching your portfolio plummet is terrifying. it is only recently that i have a nice enough cushion that the dips truly do not affect me anymore, and if i was up 1000 or even 100x like some people around, that would be great. maybe next bull run for the newbies if we're lucky.
i remember my stock portfolio im march 2020. it was my first red wave. i was literally sitting on the toilet and checking my portfolio going red. worst shit ever
my gut told me things were gonna dip soon. pulled out and currently bought the dip! i'm excited to realize my profits for once and buying the dip.
this dip is sweet. give it a week newbs, even maybe by the weekend and it will be better. if you only hold ada you did not even notice 😉
dude i’m proud of myself for even being here after the trauma of 2017 . i’m a fucking survivor as far as i’m concerned 😛
honestly, anyone who has lived through a stock market downturn, housing bubble, or general recession knows what this is like. you just do your best to put what you can into the thiscounted assets and know that some day things will get better. and if you do not buy, then you'll kick yourself down the line.
as long as you did not buy into something like safe moon
i felt that stress so much, but at this point i've realized i check it much less, in it for the long haul now.
even the 20th time is scary
ik my dick gets hard when my favorite alts are on a fire sale xd
the biggest thing that got me to simmer my tits was understanding the bitcoin 4-year cycle, altcoin cycles, and how the two interact. that and focusing on the macrotrends, not the microtrends. when you understand that bitcoin has a pattern, that crashes have historically happened end of year, and that the reasons for the actual crashes are 1) altcoins rip hard and become overvalued while bitcoin consolidates, 2) bitcoin stops consolidating and rips hard, and 3) bitcoin overheats and, since everything is overvalued, it takes everything down with it on retrace and turns a correction into a crash, it puts the mind at ease and you can look past this knowing shit will bounce back. before that, i was anxious and reactionary, and that cost me a decent bit of money. rekt capital is an excellent follow on twitter for info like this. he also offers a newsletter and courses which i highly recommend. not trying to shill, just a great educational resource.
i hope you're right so bad. i live in iran and we do not make much money here. and our own currency has so much inflation, i invested in btc because of this reason exactly. ' i was going to buy nano 1 month ago but no exchange supported my country. the iranian exchanges only supported the top 5 coins. now it is 2x as expensive. i'm really mad right now.
exactly. it's very normal and understandable to get spooked as a newbie. we were all there, wether we admit it or not.
the answer is to enjoy it. buying these dips brings the big returns
went from 0,0163 to 0,0171 >> happy it went from 0,0171 to 0,0089 in matter of a month >> not happy 🤡
i definitely remember panicking when i first got into crypto, always scrambling not to lose all of my money. i was less financially stable overall, and the red is a frightening reminder that you can lose money on this. now, i generally shrug and buy more if something dips, crypto or stocks. the newbies will get there eventually; we always have to remember that we were all newbies at one point.
just hold long enough and you'll have a house in no time!
confirm. first corrections i shat my legs. now its just meh, or if i still have some spare from my salary just buy the dip.
numb to it. that sounds about right.
my trick is never checking it. then on the rare occasion i break that trick, i’m amazed to find thousands of dollars in my proverbial jeans instead of a fiver. then, i forget, perform the trick again later. it’s been a nice cycle thus far.
i just upvoted too 666, felt good
i got veru used to seeing my portfolio red, so now i get more nervous when its green :d
there are two ways to do the investing in crypto in my opinion. believe that crypto is the way and that it will eventually rise again. believe that you can time the market and sell high and buy again low. i don’t believe i am skilled or have enough balls for the latter so i stick to the former
hard to enjoy the red hahah
it truly is an amazing feeling to be green through significant dips.
newbie here. played around with a small budget in april but placed most of my investment less than 2 weeks ago. i can confirm that these past few days have been extremely scary. i do not yet have a nice big cushion of profits to fall back on, and my wife will kill me if i lose part of the initial investment.
been a while since i’ve seen the rollercoaster gif, was it banned?
someone was shit talking me on this sub because i said i wanted to hold eth for life after only holding it for 4 months lmao. ' there's this level of 'high and mightyness' that some crypto holders have and it is by far the most obnoxious and straight up stupid thing i've seen. as if you need to hold crypto for over two years to fully understand the technology or weight behind the investment
i've never been a newbie in my life. i was never a baby either. just popped out fully grown.
we were all newbies once. i remember asking this sub if it was smarter to send my money to binance or bitconnect. but i *asked*. i wanted to *learn*. and i certainly do not remember being smug and rude and yelling about how i was just as savvy as the old guard after buying into the latest scam.
i've been here a few years and still feel like a noob. new stuff popping up all the time.
we need to stand together if we wish our community to thrive
newbies are bad at risk assessment too, it takes time to learn. but usually when you are losing money you tend to learn pretty quick lmao
and when most of us were noobies it was still a quiet, small community.
can confirm i was a newbie in 2017 and now i realized how fucking stupid i was
people are also blaming some people who were only trying to help them saying its their fault they lost money. it's only ever your own fault when you lose money on investments no one else. (elon hate incoming)
ah these were days, when i knew only for 100 coins and was happy. now suddenly there are all these cumcoins and fartbucks.
i’m a newbie. buy the dip.
i didn’t get into investing of any sorts until i had learned about long term holdings, buying low & selling high, and not getting frightened by drops. anyone who enters any sort of investment market without these fundamentals is not ready.
i bought a tiny bit of btc back before 9k and i remember the first climb to 20k and people screaming hodl. i remember watching my tiny investment drop in value by 2. good thing i said fuck it and left it alone.
i get downvoted for asking simple questions. it’s outrageous.
you do not stop being a newbie until you watch -90% in a week occur to your portfolio right before you sad terrified eyes
once a noob, always a noob
this times a thousand
if you do not realise what you are getting into when you buy crypto then you complain i would counter you should not have bought to start with.
yeah and these days it is especially weird
except i was not crying about 5% drops even when i was.
and when were the best lessons learned? when holding the bag
a lot of them are newbies just pretending not to be lol 😂 100%
this is straight truth
but i was a newbie who actually had a pair of balls.
>people forget they were once newbies too true. however, the lessons i remember the most clearly are often from tough love. make a point to remember your mistakes and learn from them so you do not repeat history. the financial markets do not give a flying pig shit about your feelings and you'll get spit out in no time, especially if you think you're going to make it investing on something called shiba inu or cumdumpstercoin ect. sometimes we all need a good kick in the ass to get our heads on straight.
and they were treated with bluntness when they were newbies as well. talking to newbies with kid gloves on is how newbies get rekt; they need to hear how things are frankly and they will do much better in the long run
i bought my first crypto the day before elon's tweet and i thought i was going to be prepared for dips but damn, one day in is not what i was expecting. anyway, posts like these in this sub help to keep me calm and focused, thank you!
this is a really great read dude. i opened my first 2 wallets today, i have my eyes on some mid coins and plan on going in heavy on stable. gonna keep some fun money aside and poke around in shitcoins and see if anything lands, money i would spend on takeaway or a night in the pub. i have learned so much today it has been insane. i have definitely caught the bug, but i have a habit of getting mad attached and then moving on, but this is for my future self so who knows. feel like i've missed some peaks by a few days but also that i'm getting some stuff in cheap during this plummet. thanks for the post
can you explain your last sentence like i’m 5? lol i think i get it but i don’t want to misinterpret.
how often should we be moving back money to fiat?
you get to a point though where moving your assets to stable coins or fiat is really a non option to a point. for some of my positions, the capital gains it would trigger just before tax season for me at least is just a huge headache.
i am also relatively new to some of the crypto like ethereum. i have a couple of coins at about 3500 mark. just wondering when this thing is going to bottom out and start to reach new heights. from what i’m gathering, it sounds like crypto has these intense ups and downs but ends up increasing pretty well over time. been a rough couple of days for sure
i thisagree with op. 99.9 % of people here are nice. there almost 2.7 million people here. of course some will be assholes
i've rarely ever seen anybody be mean to newbs and not be appropriated with down votes. that being said, i do think we need a sticky on the basics we can refer to in order to be able to refocus thiscussions on the posted topics (like starting with market caps, tokenomics and exchange basics). we're creating a culture where people just ask for answers and it does not really encourage any accountability on personal dd or what is accepted as group consensus here. i know stocks are boring, but please for the love of god, go poke around investopedia, it will save you so much money and answer so many questions you have that you are in the dark about (if you are new and your head is spinning).
newbie here, found everyone really helpful and friendly to be honest! expected some of my stupid questions to receive some snarky answers but have not had a single one :)
me when i buy the dip and see my friends also buy the dip: wtf y'all still got money left?
i think alot of people who scream buy the dip are not actually doing so themselves. it's more of a plea to have others stop the bleeding...
i’ll give you a hint: most people don’t actually buy the dip and are lying so people buy their bags and pump the price to get out of the dip. i’m sure they occasionally actually do buy, but it’s not every single dip lol
it’s the equivalent of “stop, someone do something about the dip!”... it’s kind of desperate and resembles a cult
just gotta dca and not invest more than you’re afraid to lose. being a new investor can be a bit daunting, and seeing yourself lose money as soon as you invest some is something i feel effects everyone.
in fairness it shows that people are optimistic it is going to rebound so people freak out less
bitfinex is buying it with magic tethers, no need to worry fella.
60% of the time, i buy the dip every time.
well they get laid every 2 weeks should be able to afford a dip
good point. for many people this sub is probably the non "hype" advice they will get coming from youtube or tiktok or whatever.
you see it in pretty much every hobby. some people use the hobby as a way to i guess seem unique and any new person that enters they subconsciously or consciously take as a threat to their perceived uniqueness and causes them to react unnecessarily. its very fascinating to see it happen and now that social media is a thing you get to see more thisplays of it.
yeah, hopefully this post does not thiscount how many nice and helpful people are in this sub. i love this community. just a few assholes who feel the need to speak up apparently.
it’s always the way that a loud minority can tarnish something.
agreed. i'm not new to crypto, but i am new to this sub. the posts can come off as rude snd salty, but the comments are a rich in useful information, if you're willing to *mine* for it.
better load up and ride the train all the way to .
i can (almost) promise that you would not regret it. btc has been consolidating for over a month now and we are likely due for another big pump over the summer
sure it’s annoying to see the same post again and again, but they also don’t have to read those posts. it takes much more time to be rude on someone’s post than it does to just scroll past some nonsense.
i knew it! im surrounded by assholes
true. internet nerds are not exactly known for their interpersonal skills either haha. but to be fair there are a ton of amazing and super supportive people on this sub as well!
see, there are three kinds of people: dicks, pussies and assholes. pussies think everyone can get along and dicks just want to fuck all the time without thinking it through. but then you got your assholes. and all the assholes want is to shit all over everything. so pussies may get mad at dicks once in a while because, pussies get fucked by dicks. but dicks also fuck assholes! and if they did not fuck the assholes, you know what you'd get? you'd get your dick and your pussy all covered in shit!
i do not think it is even remotely good intentions. i think most of this sub's "vets" are jealous, bitter, cynical, and vicious, and seem to love to revel in others' misfortunes as a way to cope with their own. which is fine; plenty of assholes on the internet. but the amount of upvotes those posts and comments get is thisheartening. i've been in crypto a long time and i remember when there was a kind of culture of solidarity behind it. there were arguments and thisputes and assholes, for sure. but for the most part, we were all in this together against a world that did not understand. it felt like a young futurist society. today, that same group is now the old cranky men shouting at kids. if someone succeeds, it is not valid because it is just a fad. if someone fails, it is because they are chasing fads. every person succeeding off doge or shib is "crippling the legitimacy of real crypto" and every person who has not read every white paper is not a qualified crypotologist. i remember a front page post in this sub yesterday or the day before complaining about how people do not know what market cap is...and in explaining it, op proved that he did not know what market cap was himself. and all the top comments calling him out could not get it right either. it was a reminder that nobody, no matter how confident they pretend to be, is an expert. this is a new world and everyone is figuring this shit out. everyone is confident about something they are wrong about, nervous about something they are right about, confused about something happening, or angry about something that did not. the difference is how some express those insecurities; some with kindness, others with cruelty. i wish we could get back that culture of thiscovery and growth, like being explorers in a new digital age. but instead, it just seems to be all toxicity at this point.
haha we should start a group therapy sticky.
bs, ptsd does not make you act like a cunt to strangers in the internet about things like this. and no, it is not good intentions, it is straight up "being an asshole". there are not any good excuses for the behavior op is talking about.
you have the right to be scared, but it is good to remember that you bought it because you thought it would keep going up. crypto always has these massive dips after reaching a new ath, then it always climbs back up (during this recent bull run at least). unless you believe the bull run is over, then your best bet is to keep holding or to average down
honesty is the best gift anyone can give new investors. doesn’t matter if it’s wrapped up in niceness. as soon as you blindly follow what internet strangers advise without doing your own dd you will get in trouble and it will cost you.
we need to be helpful, if that means *though love* than yes i absolutely agree.
we welcome each and every one of you, and double welcome people who are not interested in pumps and dumps only, because those actually hurt the space. occasionally you will run into btc maximalists and they might be a bit rough around the edges. but they mean it well mostly.
yeah, to be fair the longer btc consolidates below 60k the better the chance is we reach 150k this bull run
plus, as a new investor there is less anchoring you to your investment. paper hands are bad for everyone and there is a much larger chance of people pulling out to get back into gme or amc stocks if they have a rough first go of crypto
i've been heavily in the he since january, constantly on this sub, and i have no idea what those even are haha.
sorry to hear that, and upvote for seaweed based username (i study kelps!)
hey, this comment.ia enough of an award for me. thanks for sharing!
what else would you suggest?
and always remember... blame elon!
yeah, but you want millions and millions of people to get into crypto and start buying, right? a lot of those millions of people are going to be pussies and will actually be put off by rude comments. it will give them an excuse to not do their own research and overcome the barriers to entry.
good that you’re doing it slow, so many ppl dump loads of money cause they think they can get rich quick. keep it up bro 👍
the real panik is in the comments
haha money can have that influence i suppose.
also : place alerts^^
15% is fine. we’re still above where we were like 2 weeks ago.
idgaf about 15% ‘cuz chances are we’re up again in a few days and my value’s been rising for years and years anyway. i’m not ‘pretending’ anything.
like many others, it is an incredibly speculative investment, what more do you need to know
in short, it’s the place to go to thiscuss issues affecting the community, so that the main sub can remain dedicated to just topics on crypto. the downside, of course, is that most people probably don’t check that sub frequently and wouldn’t be likely to see a gentle reminder to not scare the fresh meat.
my tax guy was all worried about all my crypto buys...but then i told him i had not sold anything ever. so it made it a lot easier. i just had to account for converting my etc into eth
totally agree! just gotta chill and not sell. i remember i sold bnb when it dropped by "woah thats crazy!" look at where it is now
i have heard this a few times. good advice! don't buy do not sell just do nothing. keep what you have
so killing myself after buying the high is actually a sound financial decision? there's always hope!
i have left instructions on how to reach my crypto assets to my loved ones in case i die.
this. this is exactly my plan.
nobody will take my shitcoins from my cold hands.
hodor!!! i mean hodl!
yup that’s fidelity, it’s actually a really been around a while and it’s still holding up
does this hold up onto average of dead people, too? like, do dead people on average do better than alive people? :d i'm thinking it could be a case of extremes, where few lucky people hit the jackpot, but on average dead people do just as badly
omg that is great!
sorry to hear of your troubles. hope your wife has recovered.
if you keep continue to keep buying during dips and hodl is that a good thing?
important note on 'just hodl' strategy. it only works for coins which have a long-term future. the vast majority of coins during the 2013 and 2017 bullruns never regained their value after the market crashed. if you're going to hodl only do it with (relatively) safe bets like bitcoin or eth. or coins where you absolutely believe in its use case. otherwise you're not investing, you're gambling. so do not hodl meme tokens, expecting them to moon years down the line. especially if you can still exit now with a profit.
this is my first dip and was definitely having a fun day trying not to panic. i'm pretty pleased i even bought a little even if it was a bit early.
spot on. iff i believe ina company or a crypto currency and do my research when we go down, is exactly when i load up with more. panic selling is the worst thing someone can do...
that % seems rather low. isn't it typically in the 10-15% range?
i agree to with hodl strategy, but this observation is biased in cherry picking for the best days to make a point. if we’re going to miss ten best days then we should also even up missing the ten worst days (or to be most fair to miss the statistical equivalent for probability and magnitude of good). if you missed both the good and bad days you’re coming out ahead of just holding. missing the 10 best days in the market: if you invested ,000,000 into the s&p 500 in 1998, but missed the 10 best performance days, twenty years later your investment had grown to ,518,154 missing the 10 worst days in the market: if you invested ,000,000 into the s&p 500 in 1998, but avoided the 10 worst performance days, twenty years later your investment had grown to ,721,119
i’m going to start dickcheese coin that correlates directly with the price per pound of gouda cheese produced in the state of wisconsin
exactly, everytime you do something, you lose money in fees. i lost so much money in exchange fees, gas fees, icos. it was ridiculous.
unless it’s a stock that reverse splits. please tell me that crypto doesn’t do that screwy shit ?
i use a ledger wallet for security purposes. if you're thinking about going that route, be very careful. would suggest purchasing from ledger directly.
listened to a lot of podcasts, read white papers, looked into long term viability. recognized the potential of smart contracts. thought it would be the best option to invest in blockchain platforms (bitcoin, ethereum, cardano, etc) because it seemed better to invest in something that an entire ecosystem needed to run off of. for example, would you rather invest in microsoft, or a word processor? ethereum seemed like the best option at the time. also because of things like the ethereum foundation. many large corporations had already been involved with ethereum. vitalik was speaking to governments about the potential of blockchain. started looking into protocols for decentralized exchanges, liquidity aggregators, marketplaces, etc. like, how many decentralized exchanges will use the same protocol? well, maybe that protocol is the thing to buy. underlying protocols to defi were probably the next solid thing behind the actual platforms. then, i looked at what dapps give us access to marketplaces - games, marketplaces, exchanges, nfts, all in the same app while providing privacy. some did not do so well. some did great. all are useful.
i so agree. having that mindset has made me more money. there are days i get excited when i see red. buy!!
i look at red candles as “hey! sale!”
this is my second dip, even the first one did not fazes me at all. i guess i had done enough homework to know there were worse. also, having a cushion helped.
really. just the first one was scary. after that it was meh not dippy enough for thiscount. until now!
true even putting in spare change when it all drops out your still pissy over it lol
i think i've been hardened from watching my portfolio halve in 2001, 2007, and 2020. crypto is for sure way more volatile, but i used to mess with options a ton, and it feels a lot like that sometimes. generally though, with investing, if you're making informed bets, the odds are in your favor. even with longshots, you only need one in ten to pan out. unlike options though, there is not an expiration period, so people really need to step back and chill. if you were excited about btc at ,000 a few weeks ago, why wouldn't you be even more excited about it at ,000 today?
i love dips, especially ranch flavour is my favorite
i had few dips but last night i just drank coffee and laughing at a whole thing.
exactly. money is money. i can afford to lose it, sure, but it’s not exactly my end goal lol.
nice! congrats on that! i sold a couple of my positions and thought i bought the dip a couple days ago 😅. to my surprise there was a dip inside a dip inside a dip... dipception 😂
just a general rule of thumb: if anything you're invested in hits mainstream, everyday media, it is probably gonna crash shortly thereafter and you're too late to invest again. i've learned this the hard way.
hit my line up next time, horrible at predicting dips
the issue with this stragery are the captial gains... you may actually just come out with more in the end if you just hold (rather than paying some massive tax bills).
how do you factor taxes into when you sell? even if i sold at the top and bought back in at the bottom of today's dip, im pretty sure i would just end up with the exact same volume of various coins.
it was the .70 doge that made me tether up tbh
congrats! is this going to be your strategy all the way through?
"my gut told me that elon musk would renege on accepting bitcoin and bloomberg would spread fud about binance and the irs"
from my understanding this bull market still has time, but watch the weekly bitcoin chart. it needs to stay above ~49k then hopefully bounce to a new price thiscovery phase. in the long run, though, holding btc or any of the major alts like eth and ada i imagine will be pretty fruitful. i hope it continues to be widely adopted and we all become financially independent. sending love to you in iran. 📈🚀 *i'm not a financial advisor and this is not financial advise. just some personal opinions and thoughts.*
just tell them to fuck off. i’ve been following crypto for years but i get the same level of joy when a “newbie” says he’s planning on holding for life and when the prices of my bags go up. it doesn’t matter if you don’t understand the tech, if you’re holding your coins for the next 10 years (without understanding anything about tech) and i’m holding for the next 10 years (understanding the tech) we get the same fucking results, makes no sense. but tell specific coin subs to fuck off.
just my experience...i feel the eth sub is a bunch of tools. i don’t get it with those guys.
don’t understand why there’s a minimum time requirement for believing in a project. i want to hold eth for a long time i only staked it in january. just too many elitists 😂
it's a shame how some people like to trash talk other people's investments. especially when it is been proven time and time again that you never really know what'll happen with crypto.
crypto is weird, the folks that are all about crypto and how it works are often douchebags about it. it’s cool to really understand crypto but shitting on newbies is just nerd rage bs. i’ll be 100% honest, i don’t care about decentralized block chains or whatever. same way i don’t care about what companies i buy stock in. if my reading says it’s a worthwhile way to make . i have the most basic understanding at best about bitcoin, litecoin, cardano, dogecoin etc. but i know i’ve made a relatively large amount of money from them. i take profits near peaks and reinvest the dips. i’ll let smart people really understand stocks and crypto, my barely scratching the surface level understanding works fine.
ive been blasted on this sub alot. 😢
fuk me tooo i was down voted for suggesting to hodl...they are salty
i wish someone would have taught me how to hodl when i was a newb
yes, i've been in the game for like 2 months and i only check my portfolio once per day. 😎
i have been holding a small amount of eth and btc since 2017. a year a half ago, i was down to practically nothing.
it’s your journey, and yours only. ignore everyone and everything else ;0)
they’re the boomers of crypto, should call them croomers
well, you do not really *get* it until the morning after you complete your 24th month. you'll get there
well said. hate the haters.
just a boot through the belly button and out you walked, cigarette in hand.
i was a baby but i had a full beard since i was conceived
kinda gross was not it? hi mom, i'm gonna wash up now
you did the benjamin button
is that your excuse for being bald?
i'm a doctor (not at all a doctor) and the professional term for your circumstance is dude. you were born a dude, dude.
oh, but rumor has it that i was not born i just walked in one frosty morn
the name’s ted. brogan.
i thought only one person was like this. when he was born, the doctor told chuck norris's mother, "congratulations, it is a man."
your fully grown willy touched your moms hoo hoo
found chris d’eliah’s reddit account
sprung fully formed from vitalik's forehead?
i joined yesterday, read one post, and was unbelievably turned off by the ego of some of the users
did you send it to bitconnect
it’s a swift initiation! and a good reminder not to invest it all at once, and that you’ll always find good entries if you’re patient. best of luck!
as far as operating assets go? these are a kind of asset (things that are worth more over time). these assets have value, sometimes it is gold, or a government, or just people wanting it. other times- an asset can be a part of a business, and like an essential employee the asset plays a big role in how the business makes money. operational assets do not just naturally grow as demand increases- it also provides this business role and makes money that way. some crypto is operational, some is non-operational. keeping these can provide extra incentives such as staking rewards of postake, (ada) special liquidity for an exchange, (bnb) some crypto is also intended to make money through yield (y.fin) and return it to coin holders.
i’d think as little as possible as there are less taxable events.
yeah it is certainly a lot more volatile compared to other assets. most of us here believe crypto has a really bright future, and it is hard to ignore the gains over the past 10 years. there is a chance eth falls for a while, but historically if you hold (or as we like to say hodl) for several years you should see some impressive gains. best of luck!
>been a rough couple of days for sure one thing to keep in mind, the crypto market is highly volatile and the overall market sentiment can switch real quick. just imagine these last couple of rough days suddenly lasting several years. it would not be easy, but try to be mentally prepared. consider your investment fully gone and everything more than that as a positive outcome.
you bought smack dab in the middle of a meteoric rise for eth then, we came from , then social media happened, and similarly to j powell or trump or biden with stocks, the market reacted, and we saw another ~20% dip. what's interesting is btc has not been holding up as well, yet eth has hardly flinched in terms of where it is in the market. you'll see that btc has a kind of weight on the whole market,when it tanks, so does everything, even doge. but the pull on eth seems to be weaker and weaker.
fuck you lil bitch
i have seen it here. maybe not directly but people really wishing i’ll on people that bought doge or whatever. as long as the internet has been around, people have formed groups with other people that have similar interests. i think coming to these groups can be part of someone’s dd.
right! always cash lying around to buy more...why not buy it before the pump and dip. greater gainz.
the ones who buy the dip just buy the dip. no need to announce it.
i agree. “i bought in way before you suckers who are losing money...so buy more to keep me from taking a loss”😂
%100, although i have said this in the past and backed it up. money is a little tighter now so, i'll just hodl to what i've got and let other people make those judgment calls.
i learned the hard way that buying every single dip doesn’t work if you tap yourself out before the extended bear market even starts. god i caught a lot of knifes in the 2018 fall.
“prevent my bags from dipping!”
kind of like the “hodl till you die” nonsense. yeah...never take profit...great investment advice
with real bits of panther...
60% of the time it dips 100% of the time.
getting laid to afford a dip...may not be legal in all areas. check your local regulations.
i recently started playing league of legends. not for this sub, i know, but it’s the same deal. someone is just a condescending jerk then when called out they say “what i’m giving them advice?” just interesting to see and it makes me wonder whether those people truly believe that what they are doing is helpful. different situation, same phenomenon.
yeah, and i would suggest to ignore trolls and assholes to concentrate on all the others !
so true my friend... you fully deserved the award
we need to fuel up before crashing into the ground and exploding.
also true! good and bad, like anywhere else. i've had to take a break from this sub for a bit, the toxicity surrounding moons has just gotten to be too much. but in general i do like it here
noobs signaling elon for help like ![gif](giphyzlbqykwggqdjc)
100% this. im so sick of this toxicity from so many, also all of this coin fanboyism and all the bs crap that comes from is just a real turn off to the crypto community. you have way more people in these threads rooting for others to go broke, then you see positivity and wanting everyone to make it. we should be welcoming newcomers, we need them, even if they mess up a lot, i messed up a lot when i started, sometimes still do. and the best part is they say all this crap about meme coins and other coins they dont like, while their precious btc does nothing, and as you said that is the real reason from this, bitterness. also i cant stand the crypto snobs, like their specific coin is greater than anything on earth.
i was under the impression that it was the newbs who were mad at the doge. we had john mcgaffee last round that did the exact same thing with doge and is currently being indicted for securities fraud related to his pump and dumps...but he was doing his pumps while blowing lines of r. i would assume the og's are kind of numb to crazy shit happening in this space, and understand it is reality. if that is not the case, people need to ask themselves why are they getting emotional about the current price of encrypted computer code lmfao. no matter how seriously you take crypto it is a goddamn shitshow and we're exchanging fiat for a hope and a prayer. believe in the tech all you want, i'm going to believe in the cycles of this absurd market and act accordingly.
tldr: we're all still fucking clueless in the bigger picture and can all still learn a thing or two. on a side note, i do feel that the average post in this sub has changed drastically compared to when i joined this sub back in 2017. development is rarely mentioned in contrast to other posts. of course we're in a bull cycle, which does not help at all...
nice! i’m a part time dive instructor, so seaweed is life!
if this sub actually *wants* to become a dumbed down lowest common denominator destination for casuals, we are very fucked.
im just trying to learn before i actually invest my money. so i guess my answer is everything? 😳
this is my first year with significant trades, it’s mostly evened out, but honestly i’m kinda dreading the convo with my accountant when they look at some of the positions i’ve taken.
whats so different between taxes in regards to crypto vs stock? newbie here.
i used cryptotrader.tax this year. like you, i mostly just had some conversions and buys and little profit taking. it syncs all your exchanges and made it super easy. but they do charge you 60 bucks though.
is there an amount you don’t have to thisclose? like i bought doge and instantly regretted it and moved it to btc. which, turns out, wasn’t a wise move either lol.
yeah, we all die sometime
not necessarily. i’ve been in this space for 4 years and loathe “bravado” posts like these. look at eth for example: you’re not buying the “dip”, you’re buying eth at all time high on the weekly chart. btc in the monthly you’re buying near the top. the time to buy was months ago. buying right now is buying near the top. buying *every* dip in a bull run is highly risky. most people who profit in a bull run bought months ago. zoom out on the monthly charts and place an arrow right at the top with “buy here” next to it. really, you’re going to buy there? i buy horizontal lines, not vertical ones. i saw this all before in 2018. people thought every dip was a bear trap. it wasn’t. it was the start of the bear market. they bought all through the year and most capitulate deep into the bear market (when i finally buy).
in general yes. buy low sell high
i just hodled etc to the pits 😔
that's a good point. i should have mentioned that i did a lot of research and believed in the coins i have. they are all projects that have evolved immensely over the years.
i always forget that so many people have a lot of money in alts. i only have significant money in btc and eth, so i am hodl all the way.
it might be your first dip, but it won’t be your last! crypto is the worlds most exciting rollercoaster
welcome to the club! second one for me. still panicked (to buy the dip) and was a bit early. am learning though. tried out setting buy limits down incrementally and should have done smaller amounts over a greater spread then rushed it with the rest. those emotions do things to all the rational thinking you have when things are green and dandy. it’s hard and a learning curve. but this is one to ride out. interesting point about the great depression too. important to remember the ‘what you can afford to lose’ mantra so if it -90% for 5 years you can live happily and wait.
i saw everything tank the other day, so i bought more ada.
buying the dips is always good! and they definitely get easier after a while. i've only been into crypto for a few years now, but i've had so many dips in that time that by now i do not even care. my dad knows i have some crypto and will text me about it because he saw in the news it dropped, but i just laugh about it and tell him it is fine.
no, i think long term it might be 6-7%? this period encompassed the 2000 and 2008 crashes, which is why it is a bit low and presumably why they picked it. if the market is down by 40% and you miss a 5% bounce, you're forever behind.
7% is typically the optimistic end of a lifetime average for an index fund. that's including the depressions and recessions.
> if we’re going to miss ten best days then we should also even up missing the ten worst days thank you for posting this, i always have to point it out when articles like these are shared. the greater impacts of worse days actually might demonstrate the adage "stocks take the stairs up and the elevator down" (though that may have changed somewhat in more recent years).
agree. but you'd have to be immensely lucky to be able to exit and re-enter a position at the perfect time every time.
i got in at four digits on btc, and i’m still feeling a little tension watching 20% just fall off into nowhere. and i knew a correction was eminent. i imagine someone who recently bought is cowering.
i got in dec 2017 just before btc hit 20,000. turned my 2,000 into around 400 in less than a month!
i'm a noob, and i have no cushion. just a little money to add in when it dipped. i freaked out, but... what am i gonna do, take an l and waste money? nah. i'm gonna sell the one thing i got green, take eth at 10% down, and set my sell stop for when it fixes itself. then reinvest, and wait for another plummet. it's like a roller coaster, except it is being built while you're on it and you're gonna get launched out of your seat into either a pile of shit or a small pile of cash. just gotta hold tight and try to go flying at the right time.
yeah now is a little ugly. i got in back in march and this is where btc was then.
aww, the ole dip inside a dip...gets me every time...
had stop sell limit orders and when they hit, i put in some low buy limit orders. it all worked out to my benefit. thats not to say that things are better. i've bought the dip... just waiting for the dip to stop dipping too... lol
i thought i bought the dip as well... i can wait tho
i thought this too, when i read an article about bitcoin in a magazine... like 10 years ago. i think of that really, really often. haha.
right, if the front page knows about, then it is too late.
one thing i've been pretty good at is predicting tops with my buying 😂
i would like to educate myself a bit more about that. what source do you use to see how much that tax bill might be?
i’m trying to hodl for a year for this reason
thank you for this. i'm prepared for it, but for those new to crypto and reading this, he does have a point. be mindful of what you have available and do not get too excited, as this dip is teaching many people.
do you convert to tether rather than just withdraw funds because it is easier to get right back in that way. or does it keep you from being taxed before you fully withdraw profits?
i, too, plan on being prescient through luck.
no. just plan on doing the side-eye of the charts if things do not move for a bit after a run.
i wish it was that. it simply was staying up for too long.
at face value i could see someone subbing to a coin subreddit thinking “hey maybe i’ll know what’s happening with the coin and learn something along the way”. little do they know how dangerous that idea can be.
all coin specific subs are horrible tbh just lots of circle jerking
, agree on .
not just eth, not just subs, like *everybody* actively talking about crypto comes off as a douche. the public perception is so toxic, i just lurk. i wouldn't even be here if it was not for my blockchain enthusiast of a cousin (whom i enjoy and is not a douche). i mean look a those etorro commercials.
i check it every 15 mins 🤣
i've been dca-ing since i was just a twinkle in my father's eye
i also imagine them fully clothed and dripping in prenatal fluids. good morning california. 🙋🏻‍♂️
people who sound smug here can usually be safely written off as idiots. it's definitely a thing. the extreme volatility of this speculative market attracts all kinds, and people who like to brag can usually find something to feel smart about. that said, while it is a mix here in cc, it is straight up toxic sludge in the dogecoin subreddit and places like it.
nope. i was saved by the wisdom of my seniors. didn't lose a penny on bitconnect. instead i got to watch my trusty bitcoin, ethereum and alts bleed 80-95% over the course of a year. (it worked out pretty well. but hot damn, 2018 was a rough first year to dca.)
that depends on the tax laws of your country, uk capital gains is not taxed on the first £12.5k, germany if you do not change to fiat (move it to stable) and leave for a year its non taxable (this avoids volitility) and portugal has no crypto tax.
doesn't matter if all your taxable events are losses! (\*cries in dip\*)
there is a sub dedicated to hating crypto called r. they are salty they sold too early, or got fleeced years ago, or just flat out think it is stupid. all sorts of people can come in and say what they want, but i believe as a community we control the narrative with our votes...tis the spirit of reddit, and we've got moon icing on top.
but you don’t understand, i just [bought the dip](
cool guys do not look at explosions*
never catch a falling knife. let it hit the ground first.
new guys that got in at the 42nd floor are told to “buy the dip” on the 37th floor by guys who stopped buying at the 7th floor. it’s very typical for early investors to be “bullish” (words only), yet they’ll do the drake refusal hand if you ask them if they’re buying at today’s prices.
thank god there’s some wiser heads in this thread. buying the dip constantly is utterly planless - and you’re just buying all the way up in a bull run. when the market actually turns, you’ll “buy the dip” on the way down too. to paraphrase the kid in the sixth sense movie: “they don’t know they’re buying at the start of a bear market”. you won’t know it’s a bear market until months later.
i've never understood people who would not at least take out their initial investment, at least at that point you're playing with house money. i mean, okay, i understand why people wouldn't do it for short term gains but hodl is not for short term anyway.
wow thank you kind stranger
well that is... neat
haha i'm a big supporter of shrooms for mental health. fantastic little fuckers.
too late, already missed the pump on shroom
haha sweet deal! i used to teach diving but i dont get out nearly enough these days since i've moved on to research. happy diving!
hmmm maybe there should be a legit sub dedicated to helping out the new people in crypto and not just trying to scam them out of their seeds. if there is one already, maybe it should be pinned so noobs know to divert that stuff elsewhere. i’m just thinking out loud here. but i think we all want 100 million more people investing in crypto in the next 12 months.
you made bank on cummies, ass, and lonely fans did not you
1 billion shares of shib?! really?
i feel a little trepidation about doing my 2021 taxes as i did have 2 major sells so far this year and will more than likely have more. but i am sure it will be fine. i note every time i sell and how much
depends on where you live, in the us you have to report anything more than $.51, but i dont think you really pay if its less than . but your situation may be different
good wishes to you and your wife
glad to hear she is still with us. sending you and her lots of hope and hodling.
i'm just some random guy but i hope things get easier for you two
if you want to talk to someone in confidence about it, get in touch mate, i'll listen.
f*ck cancer man. what's good is what jumped it to something potentially life saving.
wishing you all the best.
i agree, but it is easier for us to think this if we were lucky enough to buy near the bottom in 2020 (after the 2017) i still think it is way too high to buy, but i also have to admit that i could be totally wrong and the price may never dip below ,000 again. either way i'm still not buying yet. (and definitely not selling.)
i’m in the same boat! i bought the dip hard. it’s funny how the mind works. i’ve been dreaming of these levels to buy at for the past few months and i guess it came so fast and furious i was caught off guard. i invested like i had planned to, but still was anxious as hell afterwards. emotions are annoying. we gotta conquer them. nothing i believed in before has changed.
same. luckily i did not lump it all in at once, and just steadily bought every time it kept dipping. haven't bought any since this run up past 15k though, only bought when btc is "dead". so i'll start buying again in the bear.
i think one thing i’ve benefited from during this bull run is to not set any limit buys or limit sells. i know that doesn’t sound like sound advice spot things have been so volatile that stop losses may not be a good thing since so far every dip has recovered very nicely and even gone up. higher lows and higher highs is a nice trend! bull run = buy dips and hodl!!! are eventually it will come back to earth so the million dollar question to answer is when is a real market dump coming. i don’t see it happening soon so therefore i hodl and buy dips with extra money.
i got into it in feb and it is about the same too. just gotta ride it out. crypto requires a lot if patience i notice!
stupid question alert. how do you set sell limit order and how do you know what price to set?
depends in what country you are in... i am going to assume the us... if you buy a coin and sell it for usd, you have to pay captial gains. theres long term and short term gain tax. long term is usally 1+ year hold, and is cheaper of the two taxes. short term is less than 1 year and comes with a pricy tax. i use [koinly.io]( to keep track of all of my transactions and the tax that i have to pay on them (i've use this to my advantage by selling shitcoins last year at a huge lost and coverted them to eth). i just buy and hold to dollar avg my costs... until the day that its acceptable to buy a house with a bitcoin and the irs has clarified the tax laws behind coins... especially swapping coin for coin which is techincally a sale event (triggering captial gain tax).
correct. i'm not ready to fully cash out, or at least i dont want to yet. its safe in tether and leaves me the ability to buy back cheaper, stake if we are really all done with this bullrun, or cash out safely at my leisure
if it is more than 4 hours, call your doc. :)
noob here, i subbed to some of the coins for that exact reason, and i’m starting to see what y’all are talking about. a lot of memes and fanboying and not much thiscussion based on actual data...
i just came from r\circlejerk, and all they do is talk about crypto
i join the individual subs to learn about announcements and stay for the circle jerk
to contrast with the square jerking that goes on here.
*from the meme coin subs way off in the thistance* circle jerk, circle jerk, circle jerk, doge to , circle jerk, circle jerk.
the “main” one for the big currency is the worst. mention any other coin in any context and automod sends a msg about “shitcoins” and bans you. it’s pretty sad.
not all, i've found the algo sub to be nice while sometimes a bit borderline aspie.
totally agree... i just try to sift through all the jerking but sometimes it gets hard.
that's true for any sub on reddit haha especially the political ones.
that's reddit in general tbh, but i agree with you.
i'd buy a capybara coin
he is only 6 inches tall though
probably sealed back up with a drawstring and toggle after that
and... figuratively? yeah. let’s go with that.
proud of you son ![gif](giphypudziabqdueikdownsized)
damn, a guy is trying to eat lunch here
you better not have any oil that needs freedom or we’ll have to.
“smug” is the perfect word. not gonna let their egos deter me, though. just like you: i’m here to learn. and okay, i was going to look at the dogecoin subreddit once i got home from work...but now, with a grain of salt
but... the whole world is the united states
uk also does not only care if you trade back to gbp. *any* trade from coin to coin or to. also, in case any brits need to know this, thispose of more than 4x the cgt allowance (ie. sell a *combined total* of £50k's worth in a year) and you need to report that to hmrc, whether you made a profit or not. that's what put me off trading even small amounts regularly - £50 three times a day for a year would put you over the limit and you'd have a massive admin headache even if your gains .
germany’s makes the most sense to me. i wish the us would do something like that.
i do not understand why i would take out my initial investment before i need it just to "lock in gains" and "play with house money". i invested because i believe in eth and vet, and all my initial investment is still in there because i still believe in eth and vet and i have not reached my investment goals yet. why would i take it out - seems like speculator behaviour.
because this is not vegas. i'm not gambling. i'm investing. why would i earn a 2x and then reduce my exposure to half when i believe the asset is going to continue to appreciate?
funny! i have the same career 😅 keep on researching and diving!
still waiting for cummies to explode ↗️💦
oh fuck i just bought 1 million tonight
to be entirely honest, i'm more worried about my staking rewards. staking rewards are very difficult with taxes as they are treated as income however at their current usd price which means you have to work out the value of the rewards you received at the time you received them throughout the entire year. with cardano for example you have to work out the value of the reward you receive every 5 days and now you have to track said rewards (at the price on those days) as your cost basis so you pay the correct taxes when you sell or use said reward funds. 73 taxable events a year is not horrible if you trade regularly but for someone who does not really trade and uses said currency from time to time, that is a lot of paperwork if you do not have tooling set up.
only because people buying it do not know what they are buying and scammy exchanges like robinhood group it together as part of "the ethereum family." it's 100% worthless and dead as a cryptocurrency, though.
definitely not selling. if i did not sell at peak, there is no reason to sell now eh 🙃
yep, 100% agree. that's why i've been buying the bitconnect dip because surely, it has to go up at some point. etc is a dead project with no future or value, if you think it is a good hold then it is also a good buy, which it is not.
just bought my first few hundred dollars of crypto in the past couple weeks. primarily eth, ada, and btc in that order. this dip definitely makes my butt clench but not unbearable so because i’m not relying on this money for everyday expenses or an emergency fund. nothing to do but ride out the bumps.
which is all well and good when you have a good initial amount. i do not, sadly, so i gotta try and grow that. but i also keep a minimum. like selling 20% ada near ath today. if it grows, i win. if it dips, i win.
i find that since i plan to hodl i’m not as bothered and i seem to have picked a good group of coins so some are holding pretty steady. so i just like looking on my phone and seeing them go up. and i’m ok with them going down.
depending on what exchange you use, you have to change the type of order to either limit or stop. knowing what price is a much harder question. there's a lot of information out there to learn about different types of analysis that might help figure out where to put your stop losses. i'm still learning how to do this, but youtube and courses on udemy.
the stop limit sell is telling the exchange to "stop" letting your coins price go down further. the "limit" price is where you want it to "sell" at before if goes further down. the first number tells the exchange to put a limit sell order. the second is how low you're ok with selling the crypto at. using ada as an example, the market price is 1.89 currently but let us say i do not wanna keep it if it goes under 1.65 because of reasons (this is where you'd dyor) - i set a stop for 1.650 and a limit sell for 1.649 or wherever i'm comfortable with selling it at. its up to you to dyor as to what price point you want to have the exchange sell it at, which is what i did to take advantage of this dip.
correct me if i'm wrong but wouldn't it be impossible to track all your coin to coin transactions unless the irs had access to your wallet? essentially they would only know when it was converted to usd and deposited into a bank account? edit: ok i googled and it seems that there are some exchanges that report to irs, but not all. also should probably say, i'm not from the us so this is all just a hypothetical to me, not attempting to commit tax fraud.
all good things must come to an end.
that’s reddit, we all just have to be careful about the information we subscribe to. at its best, this platform is incredible. i’ve learned so much from a lot of folks who have clearly educated themselves and want to help others. at its worst, well...
for the most part, they are just giant echo chambers
and here i am with a triangle cock
nobody says that in doge anymore
algorand is basically perfect so, what do you expect?
but he’s sriracha so he’s spicy, better hope he didn’t leak, ouch.
but he has the girth of a beer can.
nah this killed me 🤣
to shreds you say?
he's talking about tender-meats in an oh-so-sweet marinade. my mouth is watering.
hoping i can help with some of these grievances. i'd suggest looking into cardano over doge. ianafa, but i've been in since btc was at , and i currently hodl an even spread of btc, eth and ada. doge is a short term casino essentially. it's infinitely reproducible, and has no active developers. the only value it has is whatever hot air is being blown into it, which right now is a lot. hodlers are going to be sorely thisappointed imo. cardano is using a different blockchain technology that is more secure and uses a sliver of energy that btc would. it's a ground floor opportunity. otherwise, eth and btc are the safest bets where beginners should be starting. these alt-coins, and there were a lot of stories in 2018 about people losing it all. study all time pricing charts, look for patterns over the years and see for yourself that the crash will be coming sometime later this year or early next year, and then be prepared to navigate that. good luck!
absolutely, the uks is an absolute nightmare, that why next time i'm moving out before cashing out.
some people have the mindset that if you lose “house money” that hurts less tan if you lost the money you put in. imo, house money or not, if it is in my portfolio and lose it, i’m going to be just as mad. not saying one train of thought is right or wrong, just two very different ways to look at your portfolio ideologically.
you possibly just bought too late man did not it explode hard the other week?
your accountant will be so thisappointed
helps that ada is popping lol
i'm new too. i've bought twice. both times i've done it literally hours before a 10-20% dip. pretty frustrating tbh. but that is crypto.
thanks for the detailed explanation. so i pick one or the other right and not both. i can only set it as a stop order or limit order?
they’re just chambers that echo too.
we do not like your kind here newb!!!
i saved your post for future reference. if you don’t mind me asking, or if anyone else wants to chime in, i’m trying to use doge as a learning experience. i figure, this is not the last time this will happen so i should have a better plan in place. so i’ve been buying small amounts since .05. i’ve only invested a couple hundred, so it’s nothing life or death. when it hit .70 i was at 100% total return. after it started dropping i thought i’d hold on and see what happened over the next day or two. it kept dropping, i started to panic, but at that point it had gone so low that cashing out just seemed pointless. i’m at a 60% return now. i like to pretend like this is a lot of money i’m playing with, to put it in perspective. if it was, at what point does it become silly to keep hodling? i haven’t lost any money yet. and, is it realistic to think i could recoup any lost profits, even, say, 10%, and then dip out before it falls again? i know that i have to decide for myself what exit strategy i’m going to use, but i guess my question is, what factors do i base this decision on? how can i make more educated decisions when it comes to selling?
what sort of crypto sex coin only pumps once 😏😏
thank god my accountant is my wife
bitconnect has an underlying blockchain, which is, last time i checked, still up and running. i am also pretty sure it has been 51% attacked less often than etc. there's about as much reason for bitconnect to pump as there is reason for etc to pump. in both cases that is none. \> the rest of us are able to zoom out on a chart and actually understand nuance. if understanding nuance leads to buying etc then i am happy being nuanceless. you're rationalizing a bad investment.
\+ nano, on news
dude i'm glad i'm not the only one... my first dip i bought hours before it dipped and then panic sold. literally the second i sold it skyrocketed back up
when you put a stop limit order, its two numbers in one order. a normal limit order is much higher than the current price. it simply sells the crypto when you want it sold at a particular, much higher price. a stop limit order is to protect you on the other side of the price point, but you're telling the order two prices, since you do not wanna sell your crypto now, especially if it never goes down. if you do not wanna hold onto it period, you'd just put in your normal market order. example: lets say you expect ada to go up to 2.10 usd, and only wanna sell if it goes up to that price point, you'd set a simple limit order. once it hits that price point, the limit order executes. now let us say you sense another dip and wanna protect your gains by selling, but only if it reaches a low of 1.65 usd, that is when you'd create a stop limit order, where you'd enter two prices. the "stop" price is the 1st price that you told the exchange. think if the 1st price like the 'hold up, wait a minute' price and the exchange creates the limit order for whatever price the 2nd # you put in.
good point. you're convincing me to yolo half of my life savings
she put the bars as low as the ground and you went even deeper with a shovel
my accountant is your wife's boyfriend
yeah, luckily i did not panic sell. my plan is to hold for years, so i never even considered selling... but it is very frustrating to lose this potential profits. because if i'd waited just a few hours, i could have got 10-20% more coin for my money, which would obviously compound as they grow in value.
thanks again in trying to explain this to me in details. so, in your example as the soon as the price hits .65 it will sell it. isn’t there also a risk that it may drop very quickly and rise back up as fast as well before you can go back and rebuy?
are we doing animal puns now? well, toucan play that game!
lit, don't hit it and quit it, hodl it tight. cummies are a blessing...
oh man you have no idea how low i can go
> as the soon as the price hits .65 it will sell it. in my example above, as soon as the order hits the stop price of 1.65, the limit order price that was entered with the stop price, is then created and will execute like a normal limit sell order. >isn’t there also a risk that it may drop very quickly and rise back up as fast as well before you can go back and rebuy? yes. it rarely does that, but you're right - there is a tiny risk the crypto will pull that stunt. it can happen when a whale puts a large sell order and everyone else's limit buy orders execute at once. in that situation, you're just selling along with the whale. you'll want to dyor to see if it is worth it, since i'm not a financial advisor.
usdc [pros](/) & [cons](/) and related info are in the collapsed comments below. pros and cons will change for every new post.
why couldn’t any of my shitty coins be on the list
binance also does exactly the same. i even made a post about it about a year ago. if you track the coins that binance has listed, you'll see they are pumped a few hours ago before binance announced their listings.
it's not insider trading because there is no regulations and this is not illegal
so how do i get in on the inside track?🤔
lol when this was found earlier i immediately started following the wallet and all associated addresses. if they keep doing it i might as well snag some profits too. edit: they recently staked a bunch of step kcal coin. basically a workout coin that has not released its app yet. looks like a scam coin from the comments. edit: i think people are buying the wrong one. theirs isnt bsc. it's erc-20 step.app
and this only gets public because this is crypto. now imagine what such people do on the fully intransparent traditional financial markets.
someone please correct me if i’m wrong but doesn’t coinbase need to have a reserve of each crypto listed... therefore couldn’t it just be coinbase purchasing the reserve of the coins they are listing?
that's why you stay away from any newly listed coin. you can lose money later with the same coin when it is well established
is this the same wallet that someone reported on reddit earlier?
i'm not sure i get why everyone is acting like this is a shock? of course this fucking happens with exchanges. same with places like coinmarketcap and coingecko. robinhood will also have just profited off the listing of shib because it knows people will fomo.
thats trash and gives more ammo for over regulation. stay classy coinbase
leave it to crypto to bitch about regulation one minute and then rant about shady and shit calling for regulation the next. also, the sec has absolutely no jurisdiction here.
theres been insider trading and wash trading everywhere since bitcoin was like its gotten way better over the last few years but i think people forget how much of a wild west this world still is. i mean its more like late wild west but still pretty wild
wait, you want government regulations now?
the sec doesn’t regulate crypto so why not do it? i thought this is what the community wanted?
hey careful, they are deleting posts like "these" today
quick nobody buy it and leave them holding the bag
what hilarious is the one coin they would not list (monero) would have prevented this kind of forensics.
imagine if i bought those coins when the buy was worth 131k.
rich get richer go figure
that is how it works in 99% of exchanges, insiders know the exchange is going to list the coin, they buy before listing and dump when the coin is listed. if you check some alt coins history, the first day price usually went crazy high.
this will lead to everyone saying crypto isn’t safe… it’s all about the exchanges, they can be corrupt. companies can be corrupt. but being truly decentralized… might that be an answer?
shady shady. but this is why i love the blockchain. here for all eyes to see.
their employees buying coins stuck they know will be listed, then once it’s listed they sell and take profits .
why is the assumption insider trading? doesn’t cb (or most exchanges) need to buy up a decent amount before listing to help with liquidity and to internalize trades? of course you’ll see a spike before a listing in nearly every coin — that’s coinbase buying
personally anyways idk how they would deal with large amounts constantly many places it triggers money laundering things to prove where money is from
r: *why doesn’t someone stop the insider trading* also r: *the gubmint better keep their hands off my crypto*
they also allegedly front-ran cardano's sundaeswap dex. this honestly sucks to hear. cb was my first exchange and so far my favorite. if this comes to bite cb in the ass, i'd imagine the market would take a toll.
holy fuck. coinbase and insider trading. had to look up if bcg had any relation to this. and bingo! [william cole linked in profile]( [vj vesnaver linkedin profile]( these 2 dudes work as business operations & strategy and are probably directly related to the decisions of bringing new shitcoins to coinbase.
i mean; to their credit. they need reserves before they can list. huge reserves. otherwise there’s no liquidity to start things off on launch and high volume scalping can end up doing ridiculous things.
as a layman's devil's advocate, wouldn't they (or some entity of theirs) have to actually hold a large amount of the specific cryptos to actually be able to thistribute them? sort of like how robinhood was a doge whale without it is owners actually owning their purchases?
cb is a listed and centralized exchange… if someone in their institution buys before they announce something, that’s called insider trading.
decentralisation is both the biggest pro and con of crypto. i doubt if it is even illegal.
yall wanted deregulation, this is it.
coinbase is shitty exchange they have been doing that for last one year like crazy . which is why i never buy anything they list right away . after a pump always comes a dump .
if an exchange is going to offer new coins, wouldn't they first want to have a supply of them? is the issue that someone who is not coinbase itself taking advantage?
it is possible that that address is coinbase building its pool for the listing?
isn't this just buying coins to be able to trade them? did they actually sell the coins on the peak?
crypto exchanges should not allow shit coins imo. decentralized exchanges? sure. because you're essentially just making an otc purchase. but coinbase is a publicly traded company and should at least vet projects to a small degree. just to weed out literal scams.
i worked at a crypto company that as recently acquired by coin base. there is a non zero chance this is the former ceo
to be fair, it could have just been coinbase buying so they have liquidity upon listing. not saying that is right or wrong, but would be silly to list with 0 liquidity.
99% here would do the same given the chance
wake up. any centralized system is vulnerable. boycott these exchanges or at least let us hold them accountable.
that is so not fair what has crypto come to😖 why do ppl always gotta fk something good up... thing like this brings ppl confidence down. esp when all the skeptics think its a scam and blah blah come on now!
yeah and? welcome to your beloved unregulated market that is crypto. the rich get richer, the poor get scammed.
these mother fuckers. sec supposedly protecting the average investor, but not doing shit about insider trading at exchanges. sec also shutting down earn programs at cefi platforms. celsius the latest victim. get your earnings while they last.
you all would cry about more crypto regulations though
this is not a new thing. ' [there was rampant insider trading when coinbase listed bitcoin cash back in 2017.]( ' >coinbase halted trading of bch following the allegations of illegal activity, which were posted by several market watchers on social media sites. **the announcement drove the value of bitcoin cash to an all-time of over ,600. on gdax the price even reached beyond ,000**, though it is not confirmed if any trades eventually took place at this level as trading was halted and the exchange announced that “all bch markets will remain cleared and offline until 9am pst 12. ' bch is currently trading at 10% of that.
lol crypto is the future is completely shxt and scams
this...this is why regulation should exist
how can you track someones wallet?
nucking futs. insider trading or some info was leaked? i’m jelly would’ve loaded up on more opct also not all of these coins are being listed for sure, just being considered for listing right?
did you expect to trust them? haha even the congress does that. the people you elected to trust 🤣🤣🤣
*they'll burn in hell with all our curses*
there will always be insider trading. it’s not really surprising at this point.
i’m gonna need all the wallet numbers so i can start copying all their positions…🤑
but we dont want regulations
i do not think i have the time or patience to deal with crypto without coinbase. i'm sure some of you think that is lame, but i do not care. only picked them because it seemed easy and most secure, but having doubts now. any other recommendations? otherwise i might just cash out when the time is right and be done with crypto. i'd be in green if i left now.
did anyone think this was not going on?
what do you want the sec to do? isn’t the point of crypto to avoid government intervention and oversight?
question could this possibly be coinbase just building a reservoir for the coins they claim to be about to list they are going to need to have a handful of them available to trade right?
> insider trading this is not the fucking stock market. all of this is completely legal.
bro. the “insider” buying up all the crypto before the announcement is just coinbase filling up their wallet so they have reserves for liquidity on their exchange…
the genius thing here is that they do not even have to follow up on the listing. after all they are merely "considering them" for listing. just buy a bunch of shitcoins, pump them with a consideration announcement, dump, then ignore. it does not even qualify as insider trading because the company never did anything with those assets anyway.
what’s the address of those wallets? so i can copy their trades 👀
how are cryptos simultaneously good for privacy but also less private than cash?
everybody is making money except us apparently
i love it when reddit goes all sherlock holmes on stuff like this
coinbase are in the same building at stamford ct as point 72 a hedge fund run by steve cohen. who was convicted of insider trading but paid a .8 billion forfeiture . the apple falls down the stairwell to the floors below, it seems… ' btw, since ipo, coinbase stock is massively down, insiders have sold billions worth of shares and not one has bought any. seems coinbase shares are a kind of shìt coin. also point 72 were involved in the game stop saga. still are. come over to super stonk sub to have your eyes really opened.
so, rich people are raping us from all sides? got it. time for the guillotines.
> yet the sec won’t do shit about this bitcoin fans be like "i want an unregulated currency free of central banks and government control, but i also want regulation"
i just do not get it. what do crypto fans want? an unregulated, un-traceable free for all currency regime where 'buyer beware' and 'caveat emptor' is the rule or a standarthised, regulated financial system piggy backing off existing currency regulations? regulations are written in blood. people lose money or lives when there is zero oversight. people are not nice. everyone needs to take a breath and grow up and realise untraceable finance to let you do naughty things means you stand to lose everything in the blink of an eye. you cannot have everything. no regulations? be prepared to get everything you've invested to be gone in a heartbeat and to be nothing but a headline in a 'how stupid and greedy were these people?' story. .
i have sent all my crypto to my ledger wallet after my friend got sim hacked. the hacker withdrew money from his bank to buy more bitcoin through coinbase. he tried freezing all accounts but coinbase couldn’t confirm his identity while the hacker was taking all of his funds and more. my friend called his bank and reported fraud on withdrawn money from coinbase. now coinbase is threatening to sell all his assets (lucky for him, the hacker took everything) in order to get back what they lost from the transaction. lost all faith in coinbase.
crypto scam?. big shocker there.
crypto is totally full of scams. if you create an unregulated and unregulatable system, it is going to attract scammers.
no offence man, but there is insider trading and inflating going on in all crypto and nft spaces. it's absolutely rife and part of the problem lot's of folk have with it.
lolz! well do you want regulation or not?
every villain is lemons
could this not be coinbase stocking up on the coin they are about to list to make sure they have enough supply for people to buy or sell etc...? is it a person or the company buying it?
no-one cares. elon musk's brother sold a tonne of tesla shares the day before elon announced the poll to sell his own shares. nothing will happen.
when you think of crypto as pokémon trading cards it makes a lot more sense. valuable to those that play the game and dumb to everyone else.
crypto bros: "regulation goes against everything crypto stands for!" also crypto bros: "pls hlep sec!"
no fees! no government regulation! anonymous transactions! wait? people are doing bad things? more regulation!
without intending to be obtusely contrarian, my first question is this: if someone at coinbase was insider trading, they would know that this blog post regarding increased transparency attempts would out them. i doubt anyone at coinbase is ill informed enough to think otherwise. admittedly, i do not have time to dive into it myself to investigate, and crypto cobain is a pretty smart cookie who often has their finger on the pulse of things, so that does instinctively, in my mind, lend some weight to the accusation. however, in deployment of occam's razor, could it not simply be that a protocol paid coinbase for listing, and when they received confirmation of their listing acceptance, the people involved with the project bought up a bunch of their own tokens so that it would create some token hype via price action on listing? this is precisely how safemoon and other such sh1tcoins manage to boost themselves into the 'top gainers' or whatever, by dumping 100k or whatever into zero liquidity which creates an artificial volume and price spike. i do not doubt that insider trading does not go on everywhere, coinbase included. ultimately, why wouldn't you be insider trading when you know that for the interim at least you are probsbly out of the reach of the long arm of the law? alas, if you're a coinbase staffer and you know coinbase are going to start announcing their pending listings, you would know that insider trading on those listings would be caught out immediately. that's not to say it has not happened. there's plenty of dumb criminals who commit crimes in a way where its baffling that they ever thought anything other than they would be caught immediately. however, you'd think that coinbase staff have at least a modicum of common sense and a smideon of knowledge about the public nature of blockchain transactions.
wow i interviewed for them about a year ago. very happy that didn’t pan out, what a scummy thing to do
people making fun of the space for this and rightfully so... maybe one day y'all will stop buying doggyboobymooncoin
i do not mean to be snarky, but perhaps when politicians refer to the damage of crypto they could instead focus on only the real downsides, situations just like this. it's funny to see the rage every time someone attacks elizabeth warren though will anyone here admit that there are regulations in need? to stop shit like this? meanwhile every time shit head ted cruz buys .0034 of btc it gets upvoted to front page?
the fix is easy: nobody buy shitcoins. the reason they can get away with it is because people are idiots.
in the world of crypto this is not insider trading it’s early adoption.
huh imagine that coinbase is being accused of insider trading. i would have never guessed the most money hungry crypto exchange to be apart of such accusations .
it's almost as if those financial regulations crypto bros bitch about were in place for a reason.
at least with the blockchain you can see the insider trading. i doubt this does not happen elsewhere.
crypto is not regulated like a security. coinbase has done nothing wrong here or illegal.
let's be honet guys, i's just the name of the game isnt it ? if you do not do that you are probably actually the one being milked...
maybe dont buy shitcoins as a good start
it’s not “insider trading,” it’s their business model as an exchange and a known bonus for employees. none of these 50 are considered securities, and they aren’t a securities exchange, so why are people calling for the sec to do something ? may as well call the national parks association
the top minds of reddit in this thread. 😂 lmao y'all go outside and touch some grass.
so this is why we only see shit coins being listed on cb...
this is 100% r
how do i apply for job at coinbase ? i am willing to start from today.
saw it coming, if congress does it coinbase sure will xd
coinbase will keep adding shitcoins, but still no rvn. bullshit.
reminder: you are the exit liquidity.
so this is why they changed their terms and conditions not too long ago to make sure we cannot class action them. when their last eula update asked for consent, i copied the old one and the new one's full text. then i used notepad ++ and ran a diff check, so i got to see the highlights of the changes they made and what they added. what they added is all right at the top of the document, mostly. you should all read it.
crypto is not regulated so the sec can’t do shit... etfs function like mutual funds... multiple investments what would an bitcoin etf consist of… hmmm bitcoin... so it doesn’t make any sense to have an etf...
nothing to see here.
insider trading laws don’t apply to crypto. next topic.
that wallet address? nancy pelosi
this is why some regulation is a good thing. prevents insider trading bs like this
i realize i'm late to the party and y'all already have your pitchforks out, but the "evidence" being presented for insider trading here in this thread is incredibly flimsy. to be clear, i think it is likely that insider trading is happening given the decentralized nature of crypto, but does the evidence being presented here necessarily show that? ehh, i do not think so. let's look at the evidence one at a time: 1) someone is claiming someone else bought 10k worth of a coin. no actual evidence provided. just someone saying it happened. uh... yeah. not convincing. 2) someone is claiming that they found an address with a bunch of coinbase tokens purchased 24 hours before the announcement. only evidence provided is a screenshot. no address listed, so it is impossible to verify this claim. 3) a third person claims they have found a related address with other coinbase coins. again, no address provided, so no way to verify. also, no mention of when these purchases were made (could have been weeks ago) and whether that address purchased other non coinbase tokens. without more info, cannot rule out a whale just buying a bunch of random stuff hoping one of them will pump. 4) last guy (crypto max) makes a similar claim of front running and actually provides an address, so we can investigate. digging into that, it looks like those transactions happened 63 days ago. was someone front running coinbase two months ago? maybe, but hardly a smoking gun. how can we rule out the possibility that someone just yolo'd into the token 60+ days ago and got lucky?
nancy pelosi would be impressed.
fuck i hope they get dumped on
is anyone surprised by this?
turns out crypto is not that different from traditional finance after all. hope this asshole gets his assets frozen.
decentralized also means unregulated. so... what's the problem? we all bought in for selfish gain and profit. is there a problem with others gaining profit?
i still owe coinbase .1 bitcoin in 2020. i fat fingered it and bought a whole coin. that wasn’t the plan, and they had nobody to help me sort the situation out. i blocked the transaction. haven’t been back since. i’ll pay the fee if they wanna give me a bitcoin for the price it was purchased at.
blockchains makes finding fraud easier, contrary to the fud. meanwhile our banks and brokers are fiddling retail in dark pools. lmao.
sooo...how does one get on the insider list? asking for a friend.
yesterday... we dont want government interference in crypto!!!!!!!!!! today... for the love of god why doesn't the government regulate crypto!?!?
and is there no way that the wallet, new or not, cannot be coinbase's? they would be buying coins before listing.
this is insane, this is why i stick with crypto.com
the sec is more likely to point at this as why the crypto market is corrupt and bad. even though it’s then that should enforce it, stock market is just as fraudulent though. why start enforcing now.
i do not understand. you guys are arguing bitcoin and all other crypto should be treated as heavily regulated securities?
it’s not insider trading, these guys are highly professional blockchain developers, it’s called sniping, they find the coins before they are released and bot and dump on buyers
the reason the sec cannot do anything is because crypto is unregulated. you're basically saying you want the us government to step in and start regulating cryptocurrency.
who gives a fuck? it's crypto? there are no laws for this? don't buy shitcoins just because they were listed on an exchange?
is it really insider trading if part of the list started being shared in a couple alpha groups before the announcement? afaik trading on leaked information. just because you’re not aware about what gets shared in these groups doesn’t suddenly make this insider trading.
also when you look at the linked wallet all the tokens were sold 63 days ago ... not sure what this dude is on about
coinbase should be the first too big to fail crypto company that fails
is coinbase hiring? i only hate insider trading cause i’m on the outside right now
ah yes, it seems like coinbase is going down the path of robinhood. they haven’t thisabled the buy button but idk this is probably worse. also illustrates the beauty of the blockchain because no matter what anyone can see your transactions so in this case transparency is exposing corruption. fuck coinbase tho. i hope robinhood eats their lunch in the coming years. my main takeaway from this is that we are still in the early ages of crypto where large exchanges hire idiots who have no idea about how transparent the blockchain is. get rekt bitch
i worked in coinbase before. that entire company is full of crooks. use something (anything) else for your crypto needs.
hey guys! remember how you all said crypto not being regulated is a good thing? well guess what, ‘insider trading’ isn’t illegal for crypto currency. there is nothing the sec *could* do. that sucks huh.
the business model seems aggressive. do whatever you want and worry about it later. they are growing so fast and it must be mayhem over there. anyone cashing in on the class action?
shithole is affiliated with citadel, of course they are crooked…
this is why i use sushiswap. decentralized exchanges baby!!
here comes the crypto corruption accusations
well there is no regulatory that the reason
something like this happened on opensea too. dude was buying nfts before they were being showcased on the front page to sell them.
are we sure it is an insider and not just coinbase getting liquidity so they can support the markets they are going to provide?
there is serious insider trading going on at most cexs. one would assume that considering that coinbase is such a major cex, they would be above this shit fuckery but why leave money lying on the table if it means comprising morals. best part, even though it is on an open ledger and there is clear evidence, nothing will happen. no change will take place. coinbase would not be punished in any meaningful way.
how can you prove it’s insider trading? crypto is meant to be anonymous.
how can you stop one fucking greedy asshole with all this anonymity? there are narcisists at the top of all companies in the world. there is no financial company that exists where an insider would not abuse their power. duh.
glad you guys finally realized crypto is a scam. 👏 proud of you
how do you kno its the adress of someone at coinbase ? it's just bullshit news. and i do not see the problem, these are shitcoins. why people buy that shit anyway and complaint later.
i have sent all my money on my ledger wallet after my friend got hacked. friend was sim hacked and hacker withdrew money from his bank to buy more bitcoin through coinbase. he tried freezing all accounts but coinbase couldn’t confirm his identity while hacker was taking all of his funds and more. my friend called his bank and reported fraud on withdrawn money from coinbase. now coinbase is threatening to sell all his assets (lucky for him, the hacker took everything) in order to get back what they lost from the transaction. lost all faith in coinbase.
the entire space is rife with manipulation. the main think you can really do is work with coins that have massive liquidity so that they wont be easily manipulated.
the sec would not save you. better they stay out of crypto because the feds always make things worse.
welcome to unregulated markets
with no govt regulations, it is up to cb to do something about this. cb cannot ignore it, cause next time an unthisclosed list of new coins is available, it will be a hot item within the cb organization and everybody is going to want in on it leading to many more bad news insider trading announcements like this. it will hurt cb's image and damage their public trust.
it must be nancy pelosi and.
ah, i see nancy pelosi is doing crypto now
everywhere is understaffed. everyone is overwhelmed. there are too many people to identify corruption, but not enough people assigned to solve for it. this nation will die from it.
moral of the story, befriend someone who works at coinbase
decentralized is amazing! welcome to crypto! oh no!!! anyways….
oh no...an unregulated currency is causing major scams everywhere. who would have thought 🤔
this is literally why an economic system needs monitoring, because it breeds exploitation, manipulation and wrongdoing.
ted cruz. he’s exempt from insider trader rules tho… nothing to see here…
today you learned what “unregulated” means.
why does nothing about this surprise me. i worked coinbase’s customer service phone line for a few months until recently, and it was by far the biggest shitshow of an organization (if you can even call if that) i’ve ever been involved with, and it’s not even close. everything about it was abysmal at best, to the point that even trying to describe accurately with proper language how awful it is is such an understatement that it’s actually a compliment to them. the customer service department had resolutions to maybe 35% of the potential problems a customer might have, most of which the customer wasn’t even happy with, and didn’t even try to address the other problems a customer could have. and they had the nerve to expect a 90% issue resolution rate for customer issues, which was impossible with the infrastructure they set up. they kept changing the resources we used to resolve cases on us without any sort of communication whatsoever, and did this constantly and just expected us to keep up. they never showed the agents, smes, quality people, team leads, or anyone else any appreciation whatsoever. they were extremely entitled and demanding and thisorganized and thisrespectful to the nth degree. and as the cherry on top of the shit-cream-cone, after we helped launch their shitshow customer service, they fucking sacked our jobs and gave them to the philippines and india. the fact that there is major insider trading likely happening there now doesn’t surprise me at all. brian armstrong is a fucking joke, a horrible ceo at best, and an active criminal enabling and encouraging financial crime at worst. coinbase appears now to be nothing more than a front for rich people to just circle jerk and sharehold the way they always have, just with crypto, and they think they can pr their way around it so they don’t get caught. and the worst part is, they’re probably right about that. no one gives a shit about crypto outside the crypto bubble, so they’re gonna continue to launder and trade and get rich and just front it for as long as they can. fuck me.
first time? off course they are. crypto is mostly an unregulated market, obviously they will use the fact to their advantage
maybe do not buy coins just because they are listed? buy them because you think they are good.
this will be used to get gov interference with crypto more than they are already trying
that’s what happens when stuffs unregulated.
robinhood , take some time off. we are now gonna be hating coinbase
robinhood has got a new competitor in the public hate.
over half of twitter is bots.
if i'm currently on coinbas3, what should i switch to?
coinbase had better be doing something about this
welcome to the wild wild west.
the corruption does not end
lets see if coinbase responds!!
didnt robinhood do the same today? yes they did compound (comp) polygon (matic) shiba inu (shib) solana (sol)
> yet the sec won’t do shit about this and instead prevents a bitcoin etf from existing or bans us residents airdrops. this is why we can’t have nice things. to be fair, the sec would not do anything because crypto barely have any regulation.
so buy xyo now ...!? lolol
jstark didnt die for this
the future is decentralized exchanges and not centralized corporate owned exchanges like coinbase, gemini, ftx etc. this is just one example as to why.
wtf - those coins are absolute dogshit!! those mother fuckers
why are people still buying shitcoins?
fuck coinbase...just fuck them to hell
someone needs to get on the horn with the sec. coinbase is a publicly traded company and they a pulling some serious shit.
i never really invested much beyond very traditional. so no idea how this works… but how do i short all these coins?
coinbase probably already bought the sec and own it by now lol
thats some serious accusation. make sure you have an attorney handy in case a defamation lawsuit come your way
hey maybe regulation is important.
hey even if you know the sec won’t do anything still submit the info! at the very least it’ll continue to show their complete incompetence. at the very best maybe someone gets caught and maybe some kind of reward if it can fit under the whistleblower kind of thing
someone needs to look into binance for similar things. often when they make the announcement of a new coin listing, you can go to trading voew and see that the coins been spiking for a few hours already.
tag coinbase on twitter with this 1 million times. coinbase does not care until they get bad publicity or lose revenue.
the only solution would be for the listings to be generated by ai. cause whenever a human being is involved, there is a possibility for corruption.
public blockchain shows the truth.
ndx is one of my biggest losses after the hack hilarious to see coinbase consider listing it
i do not know whether it is appropriate, ironic, or just misguided to hope that there could someday be a blockchain-based solution actually helping to stop this kind of behavior and better regulate this stuff
we need a us government regime change if we are going to have nice things.
nobody tell them about our precious moons!
this is a serious problem. keep this in the open and regulate this shit.
this has always happened but thankyou crypto for allowing us to shed some light on these dirtbags
coinbase really needs to make a public statement about this. they’re a publicly traded company. illegal or not, this is blatant insider trading, and a horrible look for an exchange. trust is the main asset they have in gaining. this can destroy totally destroy that. if it was a rouge worker, they need to be fired publicly asap.
the reason why cryptocurrencies have bad stigma
mannn, i wanna insider trade
this has been happening for years. i couldve sworn they were exposed like this multiple times already
point 72 and crew dressing up an old grift
ok so say i wanted to pull all my coins out of coinbase. how would i do just that?
just like traditional markets.
worth buying puts against coinbase?
i do not understand
why am i not surprised
and they ban interest on crypto on exchanges like nexo and celsius, gotta love the us government.
and this is why i moved most of my crypto onto the blockchain and not sitting with coinbase lol
as a libertarian against regulation, this is tearing me up inside lol. god i hate shitcoin shills.
sorry to sound like a noob. i need someone to eli5, how could they tell the tokens were just purchased?
watch who will be first in line once national governments start creating their own digital currencies. wonder if this insider will make similar deposits once those start listing.
criminals do illegal things. "smart" people often play on the edge of legality.
they do insider trading in coin market cap as well. what’s the issue?
brian armstrong... yes officer that guy
looks like i need to get a job at coinbase then.
this is why i cannot wait for the stock market to be on the blockchain
i never trusted coinbase, they just wanna make money. i try do it without being a dink.
naturally i finally join coinbase and this happens \*sigh\* am i cursed guys
two questions: is insider trading illegal for crypto? does this actually hurt the common investor?
voicing this out means transparency. but what if this pushed for regulation? that’s what we love and hate about crypto because that’s technically not illegal, depends which end of the stick you are.
yeah not new but a reflection of the normal market "trading"
well….it’s not regulated, so can’t they do pretty much whatever they want?
crypto allows this transparency. imagine stocks or commodities.
well this fucking sucks
should take the post down and figure a way to follow it. then profit
coinbase has a long history of shady practices so this is not surprising in the least.
suddenly there is a flood of dark money.
it's shit like this that only reinforces the thought that this is just a mlm
that's why i like crypto. you can even move a big sum of usdt from one wallet to another without anyone noticing.
looks like 2017 when they did the same shenanigans with bitcoin cash
> yet the sec won’t do shit about this and instead prevents a bitcoin etf from existing not doing anything about this is indeed quite bullshit, if that is all true as presented. however, not greenlighting a bitcoin etf makes quite good sense. i love crypto etfs, i recommend the ones here in canada to people all the time. but that is because the government took on all of the rather large risk themselves due to brokerage bankruptcy insurance making them ultimately responsible if it goes tits up. so it is a great deal for me to get to foist responsibility onto the government, but it is not probably a great deal for the government... the us government not wanting to take on that large risk is pretty reasonable, and i do not know how one could fault them for it.
if they were a little bit smart about it they would use different wallets and addresses lol
why wouldn’t you. it’s the unregulated wild west
why would they give away the ghost?? should’ve just started following the address’s buys!
no there’s not. these are all restricted from coinbase employees trading. if there were, the sec would be shutting down the platform
create coin send to address profit
all the crypto exchanges are scams, insider trading, “aw im sorry we don’t carry that coin anymore“, “sorry but you can’t convert that to cash right now”, and my personal favorite “oopsies we got hacked”.
is that you nancy?
so what happens now??
looks like a honeypot. someone at cb couldn’t resist and took the bait. those wallets will be watched forever now.
cb has always said that they’ll list any legal coin. they don’t care if idiots buy shitcoins at their crypto store. and yes, they know what inventory the store is gonna carry before it’s available in shelves. not exactly news.
buy bitcoin. move off exchange. hodl. any questions.
yet they still would not list nano
how do they prove this is from inside but someone inside tipping other people ahead?
lmao what a joke.
so many great coins that have real world working products, global partnerships, licenses to operate, use a compliance and regulations first approach in all the areas they want to operate, are doing things the right way and want to create sustainable long term businesses that will improve financial situations for the most vulnerable citizens in the world. yet these legit crypto's do not even get considered for a listing but shitcoins that got nothing going on and some like selfkey is a known scam, are considered for listings on the biggest exchanges. wtf!!
this is exceptionally problematic but the sec is not going to be the hero you want them to be here lol. everyone needs to just stop using coinbase. that's the power of a decentralized world. don't run to the fucking government you idiots
hahahah yep the world is dodgy af the further up the food chain you go.
of course the sec would not do shit about it i'm pretty sure most crypto founders and crypto owners do not want the sec or any government entity even involved with stuff like crypto heck just talking about a crypto tax and regulations made this subreddit go up in arms. everyone was just blasting elizabeth warren about her wanting to track crypto so that billionaires cannot just use it as another venue to hide their money and people went nuts on here with numerous posts about how bad crypto is granted one thing i will say is that seeing what's happening in russia and ukraine makes me see the good in crypto and having a decentralized form of currency but it comes with this caveat. it is a risk. it is a gamble.
same story before they went public on wallstreet. ...
this is why i avoid coinbase like ebola
someone list a mega comment with all the wallets to follow
that's interesting to see, thanks to how crypto works... we can observe and analyze this pretty well
imagine things like this would be so transparent with stocks, you would have to lock up a big chunk of the 1%.
insider trading is a problem as old as stock itself. the only difference this time is blockchain technology.
bullish on (jk) lmao pure profit. like shooting shitcoiner crabs in a bucket
oh wow, market manipulation, what a shocker
this is the kind of shit i come here for.
last year i heard buying the tokens listed on the rosetta api website gave you can idea of what coins would be on coinbase eventually.
it must be a blast to not have a moral compass
fuck coinbase, they killed my boy jstark
can't wait for gmerica
lol no shit. happens everywhere all the time everywhere
did anyone check if binance is making this as well ?
you mean they are is a scam artist in this ocean of scam artists? the entire economic platform is a rug pull. this is not insider trading its just bad marketing.
is there a page where you can see the dates in which tokens were listed on the different exchanges? there must be certain behavior that separates these tokens from the rest few hours before the final pump
post the wallet ? otherwise who would believe that ?
time to find and punish those criminals. imagine how much this kind of things must happens in the current economic stocks etc system where you cant track wallets.
so that is why they do not email back
why would you expect the sec to do anything? most of these cryptos if not all of them as far as i know are all unregulated. they can literally ponzi them to the moon and do. the whole idea is to suck people in and then sell into them. we did it last cycle, we did it this cycle and we will do it next cycle. people love a good story and promises of riches
follow the money, save evidence, and file a complaint with fbi?
remember when charlie lee worked there and dumped a fuckton bch right at launch for like ? nothing about this is surprising, there’s massive insider trading and conflicts of interest at coinbase
lot of but hurt bigger fools.
isn’t illegal in crypto is it?
blockchain was not really meant to ''stop'' crimes because it is just a tool at the end of the day. the people who use those tools will use them for good or for bad and this one happened to be the latter.
i guess this is not illegal yet since it is crypto?
you know there are several bitcoin etfs on the market right?
most are shit on that list. but some are not and been in talks for a while. one of them i know of is dfx. if i am not mistaken they are into bringing foreign stable coins to the market.
wouldn't coinbase need to take positions in these shitcoins in order to trade on them? this is some warren buffer self fulfilling prophecy shit.
perhaps people will stop buying coins just because cb list then which is a good thing
when their's money their's bad behaviours
\> creates de-centralised currency to avoid corruption \> centralises it \> it gets corrupted. yeah, why does everyone laugh at crypto bros?
someone explain this to me, how can someone insider trade a currency, if its a currency how could you ever prevent someone from buying it? also another question if a public company creates a service to complement a product or resource, can an employee invest in the product or resource before it’s announced or is it insider trading?
that fox though, on coinbase for a while. doing good things.
i started pulling my assets out of coinbase a long time ago, just got a few dregs left in there now, best decision i ever made.
that’s showbiz, baby. no regulation.
i wish i could find a x10 coin have had nothing but shxtty luck 🥺😔
lol. what are you going to do? file a complaint to sec? 🤣crypto is basically an unregulated stock market.
oh my god... did you see brian's hat? he's still fucking wearing it.
that does not surprise me at all. wild west.
so are you saying these shitcoins are pump and dumps? because i’m super into that.
to be honest it is kinda hard to stop anyone doing this in a firm. like the war in ukraine, some people knew what will happen before and started preparing. this could be partly solved if ther's a voting of the verified accounts that can choose between say 1000 coins every month. and top 5-10 get adopted. they would still be able to buy some of them knowing the hype but not all.
get over it frankly. no one has to buy the coin to raise the price just becuase coinbase listed it. is it insider trading if tell you i’m going to buy 50% of the supply of btc so yo i buy some before i do?
who has been here long enough to remember the bitcoin cash insider trading at coinbase lmao
coinbase channeling its inner wall street
"yet the sec won’t do shit about this" is about as valid as pointing a finger to the nypd for russia killing ukraine civilians. oh and i thought you were all for decentralized, no-government-involved, diy assets?
is it allowed to post the addresses here?
why is anyone surprised with unregulated markets? that’s what we wanted right? the rich get richer. they’ll always find a way.
well now we know why cb lists so many shitcoins. still wondering why they don’t carry coins like xrp, luna, etc.
am not surprised. think about it. you work at coinbase and you are one of e.g. 40 people who know these coins will be listed down the line. there are countless ways you can inform a friend or friend of a friend without the company or any investigation ever picking it up.
at this point, vet is just that lone guy at the party going through the djs vinyl collection.
haha so predictable! this sorta thing had been happening with every coinbase announcement!
taking the saying follow smart money to the next level.
so now we want government to interfere with the financial markets? i obviously think it would be good if sec investigated this but this sub is really schizophrenic on wether the government is wanted in the crypto world or not. insider trading only refers to financial instruments. do we want crypto to be regulated like financial instruments? because that would, among other things, require for all wallet holders to present where they got their crypto. all wallets will have to be connected to a legal party which is diametrically opposed to the principles on which crypto is built.
the pros of running an exchange. the sec would not do anything about it, i'm more upset that i did not jump in on these coins before the announcement
simple, don’t use coinbase if you can help it
there is not really a law that says you cannot... so people will... i'm just trying to be happy for the people who make more money than me...
imo all the cex show atleast some kind of criminal behaviour. decentralized is the real future of trading.
the biggest surprise will be, they just dump and never list 90% of the tokens listed lol
of course sec should take care of such blatant insider trading. but i'm just here to applaud coinbase in it is persistence to avoid listing nano (xno). it's like they have some vendetta against it or something.
insider trading: the thing we all despise but would do it without hesitation if we had the chance.
ok that is it. i'm gonna buy a ledger. goodbye exchanges. tired of this shit.
unbelievable that people are still against regulation. comon this shady shit has to be held to account surely people can agree on this?
i still recall a lot of posts that people were saying they don’t want a regulator and now that we see things where we suspect insider trading we are suddenly asking for a regulatory kind or function? regardless of how painful it is, this is the price of ‘freedom’ where there are no regulations (set aside that it if we’re to be true it is ethically wrong from coinbase and the specific individual)
no shit. crypto is still money. money attracts finance bros. finance bros gonna finance, bro. it being crypto gives them anonymity to do as much insider trading as they can legally get away with: which is, like, an unregulated amount.
maybe i do not get crypto but is not the whole point that something like insider trading can happen as a result of it being expressly decentralized? what would the sec even do.
the exchanges can also see margin trades and can use this information to trade against you to liquidate your positions.
ummm yeah why do you think a16z is pumping this money into these shit web3 companies. simple pump and dump tokens that allows them to get liquidity prior to a public exit.
this just shows how far behind regulators like the sec and irs truly are. you have a guy front running for all to see. the balls.
surely they are gonna use same wallets to to this scam. they might as well troll reddit at this point with ultra shit coin :d
well. obviously? what did you expect?
frickin give us nano already instead of whatever the frick drep is. that would be nice
you want financial freedom, so deal with it.
people trading crypto in a shady manner, color me shocked.
and i think they did not list ftm,wtf
why are you bitching about the sec, when the point of crypto is being unregulated by state entities
so messed up. these guys suck
it's crypto, insider trading is allowed
goodbye coin base you fuck. short that motherfucker
but they’ll pause buying on gme to protect us.
probably more likely a list got leaked or hacked and someone front ran it
not saying this isn’t insider trading but… it’s also very plausible that someone or a group have thiscovered ways to access token listing apis that return both existing and upcoming results i.e. in a test environment or otherwise. which would be very lucrative and an oversight.
time to short coinbase. 100% closing my account. step one: short coinbase step two: step three: profit
every single one of you needs to bring this to the attention of the sec. you can submit comments on their website and i seriously recommend you do this. as with other stocks and companies, there have been large numbers of concerns raised and this needs to continue in order to maintain the pressure and expose these criminals!
to make markets, coinbase either has to own inventory, or naked short.
wtf is “information symmetry”
but it’s unregulated finance, isn’t that the point?
somebody at coinbase needs to answer for these insider buys.
coinbase insider trading has been extremely apparent since the bch listing several years ago.
the idiot op wants the sec to regulate money laundering coins which are made to side step government oversight, and is pikachu faced when sec doesnt give a damn. i hope more people learn the hardway what human greed feels like because lots of people are falling trap to pump-n-dump scams holding onto nft's lol.
have you cldubmitted a whistler blower complaint? if you’re not, i’m going to submit and claim the reward money to buy some non-shit coins. i can help you draft a letter as an alternative as my goal for fair markets. you presented it well here so i have faith your competent but figured i should offer.
the whole space is about to crumble
this is coinbase. what do you expect from an exchange that gives you the run around if your account becomes locked? ![gif](giphyxua7am09byyr1w5ywc)
this will always happen
was it not blatantly obvious that this has been going on before? i mean yes it is more concrete to see an eth address actually making the purchases, but anytime a shitcoin gets listed on one of the big exchanges it spikes hard then dumbs. of course those in the know we're buying beforehand...
could trigger alt season...fuck it...crooks will be crooks. crypto investors gotta get burned to learn. if you're buying newly listed coins on coinbase, you missed the boat for real gains. buy iso coins below their ath...do not chase garbage.
not saying that what happen here is ok but i think insider trading only apply to company stocks so the sec would have no teeth here:( shame on coinbase btw, i thought they were a serious business wtf
curious if it is internal to coinbase or some 3rd party inside trading ...
i am pretty sure coinbase funds the liquidity pools on their exchange. it would make sense if they bought that much prior to listing...
f. coinbase, my account got hacked. all my money is gone and they said there is nothing they can do. have a nice day :-(
they have been doing this in the stock market since the beginning of time. everyone who wanted regulation hope you happy.
big companies just doing big companies things. nothing new. the only new thing is that there is a completely unremovable trail that you can link to them somewhere down the line lol.
would this not be cb buying these coins to list them?
jesus christ those scumbags
"the sec wont do shit" all you guys do is complain about sec doing shit. do you want regulation or not? do you want only occasional regulation when it fits you personally? all i see daily is people crying they dont want regulation then shit like this happens and suddenly they want regulation but only for two days to catch these guys im glad atleast kaddex went with kyc, no need for so much crying. compliant and safe
yeah, it’s bs. let’s dig deeper and leave the bodies when we find them
this happens because crypto is unregulated... so do you want regulation or not? i bet most would say no but then come crying when shit like this happens.
all while my eth2 is stuck. oh well.
can we cancel coinbase already please? the community had enough of this one man controlled exchange.
i liked the last statement: the sec wont do anything about it. why would they? why are you now seeking regulation when the purpose of crypto was to avoid regulation?
could be someone found where they host press releases before it goes live.
there’s no such thing as insider trading for crypto because there are no regulations. lol... literally the wild west
fyi - and i know this is going to get buried - there are no recognized laws related to insider trading when it comes to currencies and commodites. the concept literally does not exist legally. to help understand, there is no way that an individual can have "material, non-public information" on a currency. or on a bushel of wheat. etc. and sovereign nations routinely engage in currency transactions specifically meant to manipulate the relative exchange rate of their currencies.
for the upi one, how do they know it’s coinbase and not the dev team doing it? that looks like the shadiest scammiest team i have seen so far, and they even have jordan belfort on board who went to jail for scamming like this. how would they know it’s coinbase and not them?
is this under sec jurisdiction at all?
almost like the whole crypto ecosystem is a big scam...
insider trading is deemed to be illegal when the material information is still non-public and this comes with harsh consequences, including both potential fines and jail time.
wow you are the market leader and you find a way to get more greedy? i mean lmao
i’m still waiting for my desk nfts from consensus2021
so if exchange are listing shitcoins, with no hope of actually selling them, what is that doing for crypto...smh
i did notice something weird about that. whenever cb lists a new coin, when you check the charts, there is the really harsh dump right before it was listed. not with all coins, but it seemed odd.
there's serious insider trading going on throughout crypto as a whole my man. sorry to break it to you.
most saying coinbase but you guys realize it can be the action of a single employee. not really easy to identify if the guy is into crypto for a long time.
i hate to burst the bubble… but there is massive insider trading everywhere. it is very difficult to police.
ditch corrupted coinbase, use kraken.
i was one of the idiot dummies that invested near the coinbase ipo, i pretty much feel like i got swindled and scammed out of my money at this point!
uh, yeah, it would make sense for coinbase to purchase a bunch of the coin in order to list it and sell it?
we need to invent a dao-controlled bot that we can sic on wallets found doing this and administer some kind of control. until we have some kind of semi-autonomous enforcer bot, we will always have to be dependent on the sec or other government regulating agency to enforce the law.
waw, crypto space has become even crazier.
i’m confused. isn’t insider trading only illegal in regulated markets? i thought folks wanted government to stay out of crypto. can’t say no regulation then complain about activity that’s only illegal in regulated markets. what am i missing?
“lol” said the scorpion “lmao”
hilarious. one criminal takes advantage of idiot traders.
welcome to crypto.bittrex is worse.
ccex owes me 30 btc and coinbase hase prob 5 btc and a 100,000 nfts they would not let me access . then cryptsey owes me about 22000 ripple and 5 btc. any lawyers feel free to dm me
can i make a suggestion as to why they are posting shitcoins and why there is insider trading. the liquidity crisis due tomatoes constraints is impacting a wider market than prior historical liquidity crisis has before such as 2013 to early 2014. coinbase knows they can get away with it. so they do this anyways.
wait please i do not understand this does it mean they pump cooks by them selves or what ?
this would be a good time to post alternative exchanges for dabblers.
that's all that crypto is. it's like coming to the revelation that las vegas is all about gambling and sex.
just get a congressman in the group that does the insider trading. then ‘poof’ all the crypto for the yanks.
this is what crypto is all about.
yesterday r. maybe it’s really elizabeth warren
it's as if it is an sec mole inside the company. how obvious.
can’t they just have their address tracked through to a cex where they will be kyc and then identified?
insider or someone with leaked docs. 🤔 insider of a larger magnitude would of bought way more. this must be a lower level guy. if found he will burn.
buy hype, sell news.
sadly they havent broken any laws. someone please tell that gensler cuck to focus on the real issues here.
as a stockholder, this is not encouraging.
there’s a reason they call it scambase.
aw, they’re so close to getting it.
yea, no shit. when will y'all realize that this whole system is broken and needs to be razed. when will anybody do anything when they make money or have influence over others? never. no one cares about me, you, or the person with 20$, they only want the 20$.
is anyone really shocked? probably also the same at binance and other exchanges.
if you’re buying crypto stocks and expecting no fraud you’re even dumber than i thought
fuck coinbase. fuck the sec. buy bitcoin.
you can be assured if crypto or nfts are involved, it’s a scam. or at least that’s what it looks like from the outside looking in.
question. what jurisdiction would the sec have over coinbase? the bans against us residents might be to prevent them from becoming victims of fraud.
crypto is generally a means of getting rich quick via insider trading.
i work for coinbase. all i will say is...good money lol love the company
i think people are assuming too much its coinbase employees making the trades. it could also be hackers targeting the info circulating inside coinbase or could be large hedge funds who bribe. the world is a dirty place...
...this is literally the entire point of crypto. you know the sec has no jurisdiction and you're surprised there is massive fraud going on? like what?
i do not follow. do you want regulation on your decentralized ~~stocks~~ currency or not?
who cares? everyone can do the same thing. also those are only potential additions. the dude could be losing all his money when they do not get listed.
“governments all around the world are terrified of this one simple crypto trick!”
story old as time, ref the bch pump pre listing circa 2017
can confirm i was at a club in boston and saw a group of them at a table. all the bottle service girls that came out with signs blatantly said coinbase, or the shitcoin they had clearly pumped and dumped, or both. this was about a month ago. looked like they were having a ball
this has always been the case - just done with a little bit more subtlety - coinbase just went down a few notches in my book - not for this little leak but for listing trashcoins. also think about it when an exchange lists a new currency for sale - they have to acquire a lot of said currency in order to facilitate the trades when they go live- so they have alwasy been killing it.
is it possible these addresses are owned by coinbase to acquire coin for the liquidity needed to host them on thier cex?
shit like this is why people do not fuck with crypto. it's far too exploitable and it is blatant.
oh look, it is that get rich quick bullshit anyone with a brain warned you guys about. money of the future, eh? lol
great for them. i can understand the rage about it. but is there any law? i know for stocks there are but is this a loophole with crypto?
i thought this subreddit did not want the sec mucking about in this space? crypto is designed to avoid gov oversight...so this is going to happen.
everyone in the know does it. wish they would send me tips
no shit. remember bcc?
duuuuuuh for years now. i talked to them and got blacklisted!!!!!!
this is mostly happening in all exchanges. insiders would open a wallet anywhere, drop a couple of thousands and make 20x or more. there is no way to control this right now.
did not they blatantly pull this with the ? we knew coinbase is shady for a long time now.
there is insider trading in a massive scale. corporations, politicians. what is the point of the sec?
did someone consider that it might just be coinbase building inventory? i don’t think they can start listing assets without having any of the asset in question and an empty book
anyone wanna start a group chat that tracks this wallet so we can all speculate and make some money?
i find it useful to think about a blockchain as a state machine (think of save states in a video game) rather than a ledger.
dang, wish my coinbase account information was not always needing to be updated per the 10 spam emails i receive from hackers every day. s/
looooooool this shit probably been happening since coinbase was made liquidity pool gotta be made somehow, call me crazy but i swear every monetizable market is in kahoots with each other to fuck the consumer cuz how else this shit gonna go down stop b2b and bring back b2c
is coinbase hiring? i’d like to start insider trading and heard it’s cool over there.
one more reason to not use cb. not your keys not your wallet.
if true, this is so bad
so glad quit coinbase and switched to binance
commenting so i can do this too lol
remember when coinbase was one of the good guys?
coinbase has its own subsidiary called coinbase ventures that invest in crypto. they have been doing this for a long time, even in 2021. every shitcoin that was added last year had a massive pump (200-300%) 2-3 days before the listing on coinbase, which indicates massive buys ahead of listing. ☹🙁☹
they did not even split their buys to different address...wows me!
not trying to sympathize with them too much but, is anyone surprised? would you or i have the conviction to not do this? just a thought
destroy those benefiting from insider trading and rid whoever made icp
anytime coinbase has those "learn and earn" immediately i flip it to another coin bc they are just pumping and dumping it...
it's not insider trading, it is information arbitrage.
don’t get mad get even. we all know crypto is being used for money laundering on an industrial scale. might as well take advantage of it while you can.
and they still would not list nano even thought it been the most popular choice to add for 2 years now
if you cant beat them, join them.
i heard jasmy might…aw to hell with it that project is f**ked
this is what unregulated markets look like
how about this: insider pumpers (or dumpers) who are paid to make a spectacle when a coin is added to an exchange. making the coin look hot or “at thiscount” fresh out-of-the-gate. example: coinbase pays me 250,000 dollars to artificially inflate the evals, then rug on launch.
how stupid of them :(.
instructions unclear. invested life savings in all 50 shit coins. now what?
isn't that kind of the point of crypto -- the lack of regulation?
what kind of lack of self awareness do you need to have in order to complain about a government not stepping in to regulate crypto markets when the whole selling point of crypto is it is unregulated? this is exactly what you guys wanted.
oh great thats really fair lmao
is it hard to find out who it was? why can’t the sec do something about this exactly if it’s insider trading?
always has been... see bitcoin cash listing in 2017
it’s time... let’s not just get mad. let’s all run this bitch into the ground. swell them. dip them. let’s play their game against them... in a united way. we have an entire group here... right here ;)
is this not illegal to some degree?
how about we just join them in doing it like nancy pelosis husband
at this point, i do not think vet is gonna get listed on thursday
must be nice to be in the know before things are listed.
is it this easy to determine insider trading with non-crypto assets? this suck but seems like good evidence for the support of crypto.
great, just muthafckin great...
shit is fun man. half of y’all want to burn the system down yet the other half still want to the system around only when there is potential corruption
been going on since they started adding coins last year. don't even need to see wallets, you could just look at the prices and. they'd spike in the hours-day before announcement, then dip a bit before really taking off when the announcement hit.
are you surprised? happens with every listing . dont believe coinbase .
don't forget the "technical issues" blocking trading of certain coins and tokens at very convenient times whenever shits going down. they need their vip's to unload their assets at the highest price and then they slowly open up to let people panic sell their stuff at low prices probably buying most of it themselves to repeat it all later
all of this should be documented as proof and sent to someone. it shouldn’t be forgotten, it should be investigated because someone has to answer for this.
is there anything people can do to stop this? i assume there is a lot of grey area with crypto when it comes to the legality of insider trading. i guess laws exists for the rich to break them and not give a shit.
don't they do this to provide liquidity to their customers?
always something shady going on.
are you seriously complaining about the sec not being involved in crypto?
is this conspiracy level shit?
what else did you think was happening when the day before a new coin gets listed it’s already up 1,000% then the next day it crashes
well uh, no shit?
just now it occurs to yall that crypto is a scammer heavens?
imagine if more info could go into a blockchain. we, the people, could have near full transparency on government spending and would be able to track where every cent of tax money goes to. its no wonder those in power are fighting against crypyo.
what's stopping employees of cex's from doing such things and becoming millionaires?
wait what, crypto trades are pump and dump? no shit lol
elon musk is currently getting shit on for buying twitter stocks as an insider, while delaying the thisclosure of his stake, so i guess it is not that weird. still uncool, tho.
does insider trader count for unregulated traded items? i seriously do not know but would think no and that is what happens when you support stuff like this that you do not know? just a modern days get rich quick.
ironic how coinbase made a whole fucking post about being transparent with their new coin listings yet we have a whole insider trading going on at the same time lmao
gonna need to find out what shit they are shilling earlier so i can hop on this fomo blow.
i understand it is bad for crypto market but is any of this actually illegal?
kromatika is a really good project.
coinbase is 1000% garbage
is it still insider trading if it is not regulated the same way? edit: i mean i realize coin is public, but i'm talking more social outreach.
crypto market is a joke
if robinhood can add sol and matic to there crypto. why not coin base?!?
coinbase is the largest money laundering operation in the world
wouldn't it be nice to actually profit off of trading? these people get it...
i'm just here for the comments and possible mention of non-sh\*tcoins.
i knew it! just before the announcement of coin listings they always pump yet no one should have known…
>yet the sec won’t do shit about this because crypto exchanges are not in the purview of the sec and there are no existing laws to enforce for any agency regarding crypto. i'm not excusing it, i'm just saying if you want regulation then call your representative.
openseas is inside trading as well. they buy up nfts then put them on the front page the next day.
love how you can track things like this for crypto. i only chased one coin, grt, on coinbase and said never again. just don’t invest in random shit people
sounds like we need some regulation for crypto.
its like that on every exchange i'm sure i heard binance is bad for it also
people are making money just because they think they are making "smart decisions" from their fucking couch which provides literally zero utility to society. none. the amount of wasted resources for all of this is just sad.
glad they never got back to me about my account, transferred out all my crypto into other wallets. fuck cb
first time in the market?
you want a crypto? i support that decision honestly.
of you have not figured it out it is been going on long before this. amazing how many legit to shit coins follow an almost identical pattern.
the big fish buy in, they advertise the market then they pull the rug. everyone that’s interested in crypto right now is just trying to get rich or richer. the big fish already have their hands in the financial thistrict though so they are more likely to get richer off the people trying to get rich. just like with all these stock trading apps they get to see the flow and make moves on it before yours are finalized. it is market manipulation and it always has been too…
the sec doesn’t regulate commodities. it also doesn’t regulate currency. so you all need to decide if you want these new assets to be classified as securities, then you can call foul to the sec. be warned, though, since securities have a huge bunch of regulations on them…
> yet the sec won’t do shit about this have they made a statement on this, or is it the fact that this is barely a few days old and things take a while to compile for an investigation?
i need to get a job at coin base.
i can’t say i’m too surprised.
makes sense tho ? anything listed on coinbase rockets so it would be smart to buy anything they mention that could be listed
there is serious insider trading going on at all exhanges. there i fixed the title.
so what? y’all wanted to be a part of the wild west of bleeding edge capitalism. screaming against regulations etc. this is the end result. if you don’t like it, find sector to put your money in
forgive my ignorance, but what would a bitcoin etf even look like? my understanding of etfs is probably on par with that of a ham sandwich. i think of them as diversified lumps of investments that are related or loosely related to a particular industry aggregated into a single investment that you can buy into. in my mind, they are a simple way to make diversified investments while betting on an industry while supposing that somebody else is doing the work of vetting what stocks. but is not btc just a single commodity? wouldn't an etf of btc just be btc? obviously i'm wrong here. can somebody fill me in?
probably the guy who decided to send out this transparency sheet after the public caught wind of his initial trades.
just passing by that this post is directly above another from lepords ate my face. where people realize the benifits of a regulitory body.
do crypto people want regulation or not? can’t have it both ways when it suits your interests. either you accept industry wide regulation, which defeats many of the use cases of crypto, or you don’t, and accept that there will be constant hacks, rug pulls, market manipulation, insider trading, etc.
>there is serious insider trading going on at coinbase. gasp. shock. no way. que sorpresa.
why did they only put . i would have put all my networth lol.
i have had a coinbase account for about 8 months now. within a month i figured out that just about every cryptocurrency that gets listed on coinbase literally gets listed just in time to get dumped. in other words all of them have a big run up on price just before getting listed. the sad news all the trading platforms are doing this too.
**regulations are for puussssiiieeesssss**
you guys are starting to understand the benefits of regulation- lolololol
i’m sure all these exchanges are doing the same thing on one level or another
fuck coinbase. blacklist them
everyone jumping on the "coinbase employee insider trading bandwagon" and i'm putting my money on alexa content reviewer listening to coinbase employee.
can anyone actually name one 80000 crypto currency that actually has a product behind it. or for that matter a single asset that can justify its cap rate. i put bit coin its self on the top of the list. bit coin is literally worth what a person is willing to pay for it. there is no business at all behind it that can show assets other than the amount of bitcoin owned. 😉 i always love it when the pitch starts with raising money for. meaning buy this so i can give it away to myself for a project that may or may not exist 😅
ultimate betrayal. millions of hopes and dreams, crushed. this was the last straw for many. this will be remembered as the people “eat the rich”.
if all 16k up votes submitted an official complaint to the sec they might listen...
beware of these 6 [cryptocurrency scams](
yes, let us regulate crypto. finally.
lmao you guys are getting scammed
we need coffezilla on the case
are we sure these are not exchange wallets just getting liquidity before the announcement? i do not personally know but feel it is worth asking
once you have a fortune and can pay to rig the market so you make exponentially more; why wouldn't you? it's not like there is legal ramifications for rigging the stock market or crypto market. if the public is absolutely crying out for blood because of the market manipulation; the sec slaps their wrist with a small negligible fine that amounts to .000001% of their illegally gotten gains. ' as we all should know by now, the more money you have the less the law applies to you. once you've made a billion dollars you can do whatever you want with no repercussions. and vice versa, the less you have the more the law applies to you, you can get crushed in the wheels of justice having done nothing wrong at all for the sin of having no money.
coinbase is shitty what a surprise
how many times do we have to teach you this lesson old man! rich corporations make the rules in america not the people
yeah that is true with most middle men platforms.
lol no...literally any dev can tell the community they will be on cb or a exchange at a time in the future no matter how near. more bs headlines .
*google how to be a coinbase insider*
if you guys find stuff like this, please report it to the sec with all the info you can find rather then relying on them to search.
same as in wall street. they learned from their mentors on wall street.
just so you know, this sub is currently hot in leopardsatemyface. lol
they fed is the pump and dump schemers. how to control inflation? take retail money
crypto being crypto. nothing new around here.
coinbase is wef so they’ll get away with what they want for now
i get dozens of phishing emails pretending to be coinbase and i’ve never used it in my life
this is why regulation is happening in case anyone was wondering.
only coins i have heard of in there are dappradar (fantastic crypto website by the way), coin98, gemini, and bifi finance (awesome yield farming crypto vaults). not surprised at the news though. there is always a ton of price action even right before one of the big exchanges lists something. whooooo kne
all this shit, and no safemoon
how can i get in on this?
anyone have links to the wallets tx history on etherscan?
wow! a free market being abused! how could we have ever seen this coming!?
![gif](giphy1jnyrp4dorch2) coinbase execs reading this like
that’s what happens when no one seriously prosecutes insider trading.
in canada there is bitcoin etf's that you can put in a tax free savings account (meaning pay nothing on gains)
it's important to be to know, as in before .
unregulated means unregulated. what's the issue here?
"all trading done at the highest levels is insider trading, it is all illegal" - donald trump not shocked by this news. coinbase is now a gorilla that has grown into a monster company with millions of customers. they are simply emulating the big boys on wall street
this makes me very angry.
oh bro it’s awful you couldn’t get the job at coinbase, cry more
if inexplicable listings of shitcoins on cexs are indicative of insider dealing, this type of thing is widespread, and probably even worse on several other “trusted” platforms. nice work op.
maybe if i ask really nicely they will "relist" some of my tokens? dot or atom could use a little bump...
oh well. build a bridge.
lol get fucked centralized
a stock exchange with no regulations trading an unregulated currency manipulating the market? i’m actually so shocked i never would’ve expected this
couldn’t an argument be made that they were buying a large amount of those coins before announcement so they would have a stockpile of those said coins to be able to sell? obviously fuck coinbase and i wish i was coinbase haha
i thought we *didn’t* want a regulatory bodies codifying crypto? what happened to hodl?
great more news of rich getting richer while i can do absolutely nothing. i'm not saying to silence the media but fucking why bother anymore?
alans posting here is giving a real time play by play on how to make a half a million dollars in one hour instead of, making half a million dollars in one hour himself.
ya'll want government to not regulate crypto... this is unregulated crypto. why are you crying to the sec? _caveat emptor_ and all that. can't really complain when people cheat an unregulated system that *you* all want to stay unregulated.
funny. a week ago i cancelled my coinbase account because somehow the exchange seemed lame to me. got me a kraken account instead. so... f*** coinbase i guess?
is that even illegal though given how unregulated crypto is?
so we want this shit to be regulated by a central authority now or not?
no one called it insider trading when the guy bought 8k worth of shib that turned into millions. this is the exact same thing if it is true that the guy bought 10k 64 days ago, just luck.
surprised pikachu face! insider trading in an unregulated market? i can’t believe it!
who could have possibly foreseen this
hey its me your brother, send me insides
where is the list of newly listed coins?
coinbase is losing investors and losing capital so it makes sense they’re doing shady activities to make up the lack of profits and investors.
just like all recent coins listed on robinhood only easier for the rich to manipulate and add to their algorithms
who remembers the bch debacle when that got listed?
this is what you morons get for buying any crypto ever. zero sum game, idiots.
so who's going to set up a bot to watch coinbase insider accounts and make their purchases public?
i work at coinbase clients accounts are constantly locked and there is only so much customer service agents can do. don't recommend it.
the two tech guys who helped implement the infrastructure for onboarding these tokens but were told not to buy are now pooing themselves... seriously though, i wonder the amount of people with this knowledge. it might not be a "coinbase" thing but one stupid employee who gets caught.
wow a crypto company scamming its customers who would have thought.
don’t buy their shitcoins and you don’t give them money. easy.
yeah surprise surprise crypto and crime
this is so pathetic
this type of shit is the reason i ditched coinbase and binance for finex a long time ago. fuck these mooks
if people stop buying the news it would help.
yikes. being that coinbase is a public traded company, this is potential jail time. it only takes a few people to be made example of soon.
this is just following the wall street .
now that they know they are being watched. what is stopping them from creating a new wallet?
great to see coinbase allowing us to perform insider trading with them after all these years .
at least they’re being transparent. shit like this probably happens at every exchange. par for the course.
[coinbase]( will do nothing. by the way, they made a “transparency post" that has pumped these tokens.
one can only imagine what goes on in big banks then...
man more bad rept for the crypto space. fuck you coinbase
time to make your own exchange and pump all your coins
can you send the tweet links, or the transaction addresses to me via dm, i want to check it out myself.
the sec better not do anything about this. what's wrong with it anyway?
it’s a scam token that people can buy but can’t sell
what could go wrong with an unregulated market🤔
how do you know these eth addresses belong to coinbase employees?
what a shitty company and bad employees, i've withdrawn my coins long time ago after many crashes back to back and put them in other exchanges and nfts like quint.
people who take these exchanges seriously have themselves to blame for it. insider trading has been a thing for some times now. it's been on for a while; it is just not as evident as now. binance lists coin not based on utility but based on trading volume meaning they are there for the money themselves. some tokens are still lower in mc ranking than some of these meme coins with no intrinsic value because of their hype and exchange listings. nfts give equal opportunity for all, and that appeals to me more than cex. you can buy useful nfts like quint nfts, and there are also equal opportunities to get the useless ones; it is now left to you to choose.
wait, are you guys just knowing this? insider trading is not new, no matter how concealed they want it to be. that's one of the ways they stay afloat too. for a token to be listed on an exchange, they get a good chunk of it before anybody else. what will you call that if not insider trading? that thiscouraged me from cex trading (coupled with some of their other bs). now trade in dexes and sometimes nfts. some of my collections include quint nft, crypto cats and a few others.
it's not that hard to find a project (alt coin) that plans on getting listed on an exchange.
well, they also have to be able to sell all of the coins. just getting listed doesn’t guarantee liquidity. in any case, it’s not illegal.
. an enterprise ready layer 2 which is under the radar and done more transactions than the more well known ones. connecting the traditional world to blockchain. fundamentals first, hype comes after 👀 here are the block explorers to verify yourselves below if you like:
this is how transparency works! this is the power of blockchain.
thats why i switched over too crypto.com im sorry but coinbase is a very corrupt organization and they will see there days in court.
the reason the sec wont do anything about it is because they are in on it. dont be fooled guys.
fuck coinbase and their employees.
crypto is not regulated, so while it is immoral, it is not illegal, afaik
crypto isn’t regulated so insider trading doesn’t apply right?
but the burning question is: do we really want the fed to enforce this? i mean it has too many negatives to make it feasible, but this isn’t even the first time someone has talked about inside trading
honestly just drop 10k in the biggest potentials for listing like harmony, vechain, hedera, etc, etc (nfa obviously). maybe you can see that lucky 1000x 🤡 this is a joke btw
imagine if binance did this, f*** coinbase!
another reminder to only use bitcoin. don't fall for "divide and conquer"
this is probably the end of the road for coinbase. i'm signing off coinbase and focusing now on phemex exchange for my big trading
coinbase have become one of the most untrustworthy’t recommend them to anyone at this point.
breaking news: crypto users are now beginning to find out entire thing is actually a scam.
its a blockchain, can we just create a block where we take all this persons insider money?
ive been saying it since 2015. fuck coinbase lol. the robinhood of crypto.
this is grounds for shutting down coinbase if true.
theyve been doing this forever. fuck coinbase
jail time!!! wtf is sec doing???
scambase will steal your coins... beware... you have been warned... they stole my uni in 2020.
- the real shit coin.
op,have you ever considered being a detective because this is one hell of an investigation.
there’s a reason pelosi supports cb
coinbase is the devil.
haha the land of freedom and opportunity. american public are being taken for 🤡's. keep protecting them sir gary gensler of sec
coinbase it self is a trash service i do not even know why people would use it
wow, i hope cb can explain this because this is fraud and will impact on cb's but also overall crypto reputation.
i must have said the following sentence a dozen times at least: cb is trash
this is worrying. what happens if coin base gets investigated and i have money there?
duh, and also just saying. this is exactly what the sec is talking about when it keeps denying spot etfs for bitcoin and cryptocurrency. the space is absolutely filled to the brim with fraud and corruption.
but they won’t list weth. criminal
this is unfair... foff these ppl .
i'm not trying to say that insider trading is not happening, but how the hell is this proof? a random twitter account said that an insider is making purchases. how do they know that? crypto wallets are anonymous. literally all these tweets by these random people are just listing purchases made of coins. do you know how many people purchase these coins regardless of what coinbase does? does it look fishy? sure. but people buy coins all the time so i'm not really sure how one person buying a coin that happens to be listed on coinbase is proof of insider trading.
snitches get stitches 👀
do people not understand how coinbase and robinhood work? their entire premise is insider trading. they take the orders their customers place and then act before and between them to earn money off the knowledge of what you are trying to do, buy sell etc. or they sell that info to the ai bot companies who do. either way using either to save some money only costs you more money than paying a real firm for them.
excellent job op in following the trail. we are grateful.
glad i pulled my shit from them.
are we supposed to be pro sec intervention all of the sudden?
i went with coinbase because of name recognition. i transfer all of my coinage to a cold wallet. is there a broker anyone would recommend that doesnt look like a haphazardly put together app with dogshit security?
who is the author to label something a shitcoin. i’ve been in crypto since the launch of coinbase and we use to call filecoin and etherium a shitcoin…
oh my god an unregulated market (defeintly unregulated) causes rampant fraud
the pro and con of crypto is that it is not regulated. insider trading, pump and dump schemes, just another wednesday.
lrc…...be your own bank!!
no such thing as insider trading in crypto….yet
everyone hates regulation until they see what happens without it. lol
get job at coinbase. push your random project, wait for listing. profit?
it's ok i'm holding the one literally the top of the list and it barely went up
harmony one and vechain might be listed on thursday
coinbase insiders been watching your portfolio selections to make sure you do not get to join the pamp 🤣🤣🤣
it is not crappy enough for coinbase
right thats my thoughts exactly i have a few million of a few shitcoins where is our love? haha
the point is for you not to have them.
create your own shitcoin?
asking some real questions here
it's cause you're an outsider jimmy
the stupid thing is that whoever did this was able to get together seven figure of liquid capital fairly quickly which means that they had no need to do this... it's just pure greed.🤦‍♀️ someone should try to figure out who this is
cos they am not shitty enough, try even less!
i'm fkin' dying here. put gyen back on the list. eat shit coinbase. why do not you pump lmnop?
garlicoin might make its way on there.
sell so it will figure right after
because they are not shitty enough.🤭
because we're not that lucky friend
yeah, no one should be surprised by this. if there is no penalty for something that can make you rich, why not do it? all you have to do is convince yourself you're not a bad person for doing it.
may you create a new post about this again please? honestly, right now is the best time imaginable to post that binance does that aswell.
nah there were ways to find binance listings before they posted it on their blogs whether it be through certain apis or their exchange wallets that would get topped off
they need liquidity after all. better buy before announcement for easy profit. can just say that you do not annonce anything without having liquidity guaranteed. good argument honestly.
all you white knights can stay poor if you want but i'm not seeing any victims from this practice, and i'll tell you right now if i had the same opportunity i'd sell everything i own to take advantage of it.
yeah like everyone on here wouldn’t do the same thing. everyone dreams of taking 10k and turning it into 600k or whatever it’s at now, but if they had this easy, nearly guaranteed opportunity they wouldn’t do it?
exactly. pick one. post is about getting sec involved while majority don’t want these regulations by any governing body because crypto = freedom. you have ripple where a centralized coin is being sold as security and also not protected by sec. you get to pick one, either you want regulations or you don’t. if you don’t, this will happen all the time. in fact it has been happening on all the exchanges. they are fucking shady as well in how they are run crypto has its place for anon transfer but please don’t defend big shady players when defending crypto.
which effectively just makes it smart 🤷🏻‍♂️
insider trading is just trading based on non-public information about a company. it's technically not the same since we are talking about cryptocurrency instead of securities but obviously cryptocurrency was not around when insider trading was defined. this is still obviously insider trading though lmfao.
then when it is regulated everyone will be crying how the fed ruined crypto.
follow that wallet apparently
been doing this since july 2021, there are thousands. most of the people you track are just tracking other people who are tracking, which inherently causes issues because false positives surface constantly.
be part of the team that decides which coins to list on cb.
that’s up 63,000% in the last 5 hours
that’s what i’m thinking as well 😂
what's the address, i need to get in on this. ![gif](giphyyx400didkwwdscgwyp) edit: apperently this kcal is a scam? it has a warning label
any tips on how others can follow these wallets as well?
how did you know before the listing this was insider trading?
what prevents them from simply generating a new wallet?!
bless your heart for sharing!
how do you buy these shitcoins
this is a great way to promote your workout coin. building the hype before your app is even out. bravo.
what if this post was all part of their master plan to get people to buy kcal coin and then dump?
what software do you use to track?
reminder that stellar network has a built in dex (decentralized exchange) with usdc.
how do you follow a wallet?
i would ask you to make a post on here as soon as shit starts happening, you know, help a brother out
they make fresh wallets though?
how do i buy kcal?
can you share some of the addresses?
the real profit-making strategy. follow the scammer.
bless. and how does one follow a wallet and associated address?
this kcal? seems sketch
what are associated addresses? how did you spot them?
best trading advice this month is to follow the corrupt
whats the wallet adress?
i'm a noob, how do you follow a wallet?
we need to being back the guillotine
does it payout in a different coin? (kcal)
what can i use to follow the wallet?
i have only been in this sphere since about jan. and i have noticed a lot of coin. bringing the value back up to where it was with minimal gains.
if you do not play the game you cannot lose. just buy what you need and transfer it into your own private wallet. and never trust a shit coin!
where do you follow this wallet?
i figured they would use new addresses for every new instance of doing this?
hey, got anymore of those hookups? i’m tryna get in on the insider deals
i just fucking love the fact this was thiscovered and posted on the internet. with the stock market you'll need a whole 3 hour movie to find out.
doing this in a traditional financial market is a crime, it’s fair game in crypto, and that’s the real difference here.
public ledgers are going to fuck people over for decades to come. definitely why some government officials hate it.
it is less regulates though... these people would not face repercussions but on the stock market you would get charged
opaque. the word for intransparent.
extensive money laundering is taking place
sadly where ever there is money to be made, people will find ways to take advantage. since the decision to list new coins and tokens is not made by just one or two people at coinbase, maybe instead we should be asking... ...why these coins and tokens? how come coinbase is always among the first to list the latest shit memecoin, but there are established and popular projects they still havent listed?
insiders are required to register and their trades get tracked. the sec would hammer someone for doing something like this at a traditional financial institution and have in the past, it is incredibly easy for them to catch. the reason they are not here is because crypto is not regulated by those same rules right now, this is the downside of all the freedom and always has been. some of y'all really need to take the tinfoil hats off.
you say this on the same day press talks about elon musk getting sued for not thisclosing his 5% twitter share as law requires. they're not fully intransparent. there's regulation and laws in place. "public trading' has its name for a reason.
we know what they do. just ask nancy pelosi. lol
one of the major benefits of crypto depending on who you ask. you can actually follow the money.
obviously they make billions in black.
so we should regulate crypto so we can figure out who is doing the insider trading? becasue all there is now is an anonamous wallet... this works both ways. coinbase can just put their arms in the air and go "we do not know who's doing it".
as some of the gamestop folk have found out, nearly everything you can think of and then some.
thiiiisss tbh this type of examples shows the world how transparent crypto is.
but oh no "crypto bad, fiat good"
this comment is worth it is weight in ~~gold~~ bitcoin.
would you kindly stay at the top of this thread, and while at that, of the whole internet, please?
>now imagine what such people do on the fully intransparent traditional financial markets. thanks to nancy pelosi's trading habits we know exactly what shady stuff such people do in the traditional financial markets
with all that fuckery on wallstreet(ftd, pfof, t+2-xx,naked shorting,...) it is about time to get the stock market on blockchain for transparency but that would hurt the rich so it stays a dream...
i’m confused. do you think stock trades are private? trading is public same as crypto.
people have gone to jail for way less blatant insider tips than what just happened here
crypto should be better and it is not.
is not the point of crypto that it is decentralized and unaffected by corruption since it is on the blockchain?
this is effed up.
we lose our shit daily!!
with the stock market, it’s sad that you’ll find people have to do some digging to spread awareness.
" scammers use crypto!!! and one bitcoin can power africa for a year!!!" more like, if money flow everywhere was as publically visible as on chain, the sketchy shit y' all been up to would be out in the open
they selectively turn off trading and reverse a whole day of trades on a single asset with 0 consequences
like those in the congress? they are fine, people keep voting them.
all about the edge. criminals gonna crime
it’s also easier to track cuz of the public ledger
>intransparent i think the word you're looking for is opaque.
this is ironic as literally yesterday i saw a post about someone berating btc for not having "privacy"
naked shorts are real
try listing a company on nyse and see how easy and non-transparent it is lmao.
the traditional markets have strong regulations and are overseen by the sec. are they perfect? no. but they are much better than the crypto-sphere
imagine what other "institutions" are doing. sadly this is exactly what "institutional" money will bring to crypto. bunch of fucking shady actors filling their pockets. and they do not care if it is all transparent on a blockchain. who's going to stop them?
what do you do with it when you dont know who was it?
well we all know what they do in traditional markets and especially what politicians do there.
it’s only legal cos it’s crypto. it’s illegal in intransparent traditional financial markets. which i’m sure has *some* deterrent effect, although i’m sure people will tell me otherwise. and it’s not a given to be able to identify who controls the crypto addresses. something that is celebrated here all the time.
well, insider trading is completely legal in unregulated markets like crypto.
this is why i’m here
i hope the *irs* used reddit and has seen this
> intransparent the word you’re looking for is “opaque”
what in christs cock are you talking about? companies are regularly fined for insider trading, wash trading and front-running in traditional stock markets because those markets are regulated. the majority of exchanges wash trade and nothing is done about it because crypto is not regulated.
gets public? if a reddit post is public than literally anything is public. it's actually the other way round. insider trading on wallstreet gets on big news whenever thiscovered not like in crypto where it is just a daily occurrence. difference is on wallstreet people actually try really hard to hide inside trading while in crypto it is not even illegal so it is done in plain sight.
it’s probably entirely legal because it’s crypto. there are no market manipulation, front running, insider trading, or similar restrictions applicable to pure crypto tokens. an employee of the nyse would get caught quickly and the sec would at a minimum make the person thisgorge their profits if they did this.
now imagine what such people are unable to do on the fully intransparent decentralized monero markets.
welcome decentralization lol theres no rules
yeah because i’m the real world not fantasy land crypto these people go to jail for felonies. crypto? they get off scott free because well this is what you all want no government interference. stop crying people are playing the crypto game how it’s suppose to be played.
except stocks of publicly traded companies can’t just be created out of thin air one day and have idiots buy them up like hot cakes. they have to go through an ipo process, a public offering and all that. they have to file with the sec and release their financials. and sure, there are some ridiculous companies that are pure cash grabs (like a lot of the celebrity advertised spacs), but for the most part, the type of insider trading that’s occurring here is far too blatant to work on wall street. if you want to inside trade there you have to be somewhat clever.
imagine what your elected officials do
> and this only gets public because this is crypto. now imagine what such people do on the fully intransparent traditional financial markets. they do and it was called the panama papers. but just like coinbase there is nobody to stop the people in power who are doing exactly this
you mean stocks ?
doesn't make it better. traditional markets suck and need major reform but if people expect crypto to replace them then it needs to be a better alternative.
this is like that joke when the bank-robbers try to clarify "who should stand up" during a robbery , and they say "everyone trying to steal money" and all the bankers get up off the floor to stand with them.
yea but what did this post actually do. congrats we know about it quickly. what are the consequences?
people actually do something about it in the financial world . crypto is lawless
i do not think many realize there is an entire ecosystem of otc (over-the-counter) derivates that do not get reported anywhere. even things like swaps on a specific stock. have the bank buy the shares and then enter into an agreement where you pay them an interest rate and they pay you the return on the stock. you technically never owned the stock, just a non-reportable derivative, and the stocks were only ever and the bank's books. this applies to all types of investments.
yes. that is literally the only way we would ever hear about it. pelosi am not gonna like this lmao
this is why loopring is needed.
so crypto is so much better than the traditional markets because you can see your insider trading going on? wth are you smoking...if the block chain is so awesome why not prohibit insider trading in hard- and software in the first place
guy what do you think why scrt network will go through the roof
you do realize this is public because it happens for crypto, because it’s not illegal for crypto because it is unregulated? idiots spinning this as a ‘positive’ for cypto because ‘we can see when it happens for crypto’ when crypto has way less visibility then traditional stocks which are required to report unlike cryptos is the most backwards untrue ridiculous thing i have heard in years….
doesn't make it better. traditional markets suck and need major reform but if people expect crypto to replace it then it needs to be a better alternative
someone already sussed out that angle in the comments of the previous post. il link it if i can find it but the gist was that its not cb because the purchase amount is very small for what an exchange would need and they are using lots of different usdt wallets to perform many small buys of different cryptos. the amount and the manner in which they are buying doesnt add up to an exchange
i would presume a company of this magnitude and influence would have pre purchased said crypto long before 24 hours before making a listed post to the "public". i'd rule that out wholeheartedly personally but i suppose it is still plausible.
you're using logic. logic is a bannable offense on r
if that were true then should not there be an institutional wallet address to verify the liquidity purchase against? also, why would multiple unrelated addresses purchase different amounts at different times to fund a (likely) multimillion dollar liquidity pool? why is one lone address buying ? institutional buying by the exchange should be much more obvious and consistent if it is for reserves. maybe that is the case, i do not know how cb would normally set up a reserve but this is the first place to check. also, cb would be able to very easily debunk this allegation by confirming if any were reserve purchases or not.
time will tell if it is reserves or insider trading. with the current backlash you'd expect a statement from coinbase very soon.
inventory buys are definitely a thing. also if the market is illiquid they are not going to buy a ton of it just what they would need to setup the book
this is the best comment here. truly turned the tables and is absolutely a legitimate explanation.
all exchanges typically require payment in usdc and the token itself.
coinbase wouldn't buy those tokens 24 hours before the announcement. they would have done it weeks ago.
the amounts are a bit too low. but it is is a possibility just quite unlikely one.
on a burner account? really?
well here the main issue is why coinbase decides to list dead coins with 1.5 million market cap and almost 0 volume for years. even if it is themselves buying this reserve why to list the shitcoins in the first place?
coinbase have their own market making team and would have needed to build inventory in order to provide liquidity to that market upon opening. coinbase will also provide loans to 3rd party market making firms interested in providing extra liquidity for that pairing. there is plenty of scope for these to be legitimate purchases.
why would they need reserves? thought the purpose of an exchange was to facilitate the trade of coins between individuals on the platform, not sell the cryptocurrency directly themselves.
i'd rather ride something that is already left the atmosphere all the way to the moon, but then not sell and just hodl on for dear life as it crashes back to earth, still hodling, and further down from where i started to begin with. then all of us left standing back on earth with big red bags can band together and argue over hidden messages in cryptic tweets from the millionaires that sold long ago.
but i wanna lose money now! what a great business idea! a blockchain that allows for faster transactions so people can lose money even faster! i’ll make billions! 👀 solana
what more, this breach was caught this fast because it is crypto and transactions are transparent. rather than focus on the benefits of such a system, regulators are going to point at it as proof that crypto is used for illicit activities. worse happens in tradfi but because its an opaque system it gets brushed under the rug.
>over regulation *some* regulation might be a good thing
blatant insider trading is a horrible look for coinbase. they really need to dig into this if its just one of their employees who had the knowledge of what coinbase was planning on listing. stuff like this can completely ruin the credibility of an exchange.
and this is why regulation is needed. traditional markets learned all these lessons the hard way. let's take advantage of that. people will always be greedy self serving assholes and find ways to advance themselves at costs of others. always. no matter what industry. that's a given. regulations are needed to mitigate that.
i mean, it gives ammo in the sense that this kind of thing is the exact point of regulation.
the irony is hilarious 🤣
the majority of the community does not understand what decentralization means. try to make people understand that the network is law and watch them become pissed off because they get ripped off on shitcoins or scammed.
bingo. but cryptobros aren’t ready for that conversation. anyone complaining is just mad it wasn’t them and they know they would’ve done the same thing. until it’s against the law to do such a thing, that’s just the way she goes
lmao. "insider trading". it's crypto, not the stock market. there's no rule against it. this is what an unregulated market looks like morons.
exactly, people here only wants decentralisation if it benefits them. decentralisation isn’t going to stop insider trading
the libertarians ran far away from this thread.
just like coinbase is deleting my earnings
let's see who is faster: they deleting it or us reposting it? you cannot "delete" such things from the internet, you can only fight their spread.
make these the next icp and show these insider traders a lesson
isn't it available on kraken at least?
>first day price usually went crazy high. happens a lot with binance. i see their announcement of a new listing. go check tradingview and the price has spike hours before the official announcement
nft platforms do something similar. they buy from a collection then they promote the collection to the front page of their website
yeah saw firsthand this the other day, new token released, in a different thiscord some dude bragging about turning 500$->5k. turns out dude was a mod for the token release and knew the contract address beforehand and knew exactly when it came out (it was a “stealth” launch). similar but a smaller scale here
anything that involves people will always be corrupt
true decentralization is a double edged sword, you cannot take the level of protection and the convenience these big exchanges bring for people, no matter how corrupt they might be.
exactly, gensler is rubbing his hands rn being like “exhibit a of why crypto needs more regulation”
decentralization is the only way to freedom
this happens in every industry, but here, it is different. this shows how transparency gives people the ability to fight back and defend from \*them\*
loopring is the answer
it’s the fiat on-ramps that foster this kind of centralization. if the dollar collapsed or people just decided to use crypto exclusively there would be no use for fiat on and offramps
this is insider trading like lawmakers trading stocks they’re molding policy for is insider trading. is it illegal? no. is it an unethical, trust eroding abuse of your position? 100%.
>they also allegedly front-ran cardano's sundaeswap dex. no they didnt. that was all fud by a crazy person who didnt understand how cardano or blockchain forensics worked. they went back and deleted their posts about that after getting called out and also posted an apology.
slash and burn… the bcg playbook
except this problem exists because of centralised exchanges
wait a second! so you want government and sec to regulate crypto now?! what happened to the whole decentralized, unregulated currency schtick?
jesus christ people. do you want them regulated as securities or not? make up your damned minds. on a separate note, i hope those ripple fucks get railed and braised like a pig.
well people wanted a decentralized and unregulated thing, this is exactly how that would always pan out so why are you angry?
hey, i got burned by this. thanks coinbase :d
regulate exchanges and other centralised crypto organisations. leave actual blockchain operations unregulated.
lol you think regulations actually prevent this? more like take 5% cut of profits.
very easily but you need to use the right scanner for the network. for example here is you can use this search any transaction, wallet basically anything from anyone on the ethereum network. for example this is the wallet address of a recent hack. you can see it has 49mm usd of eth in it. this transparency is what makes its so incredibly difficult for people to get stolen funds or illegally used funds into fiat money or to hide transactions.
boy you got a lot to learn about crypto
i did not elect any of these scum, and i certainly do not trust any of them
some may say no stick to it. but if you feel unsafe in any way you should cash out. the stress can be brutal. a quit doesnt mean you wont join again one day when you feel safe again and found a trustworthy place to buy your coins.
there's six republicans that beat her gains last year.
the same as regulations in stocks market prevent insider trading, right? right?
that is nancy pelosi.
um. it might still be queued up dude
i’d also like to play devils advocate. can someone look into this i don’t have enough brain wrinkles
pretty easy to buy coins as soon as the devs announce that listing is coming, they always tease it on thiscord or twitter.
spot on 😂. i was thinking the other day how much i hate corruption. but mainly because i feel left out lol
it's almost like the cryptards are figuring it out. life must be difficult when the brain is made out of coagulated butt cheese!
clearly unfair and unethical but possibly illegal. creation of a new wallet to purchase just before being listed on coinbase, just before they are listed, demonstrates consciousness of guilt. it doesn’t really effect the government but defrauds users who buy new coins on coinbase, in good faith, hoping to receive a positive roi only to see them dumped hours later with users holding the bag. classic insider trading scam. the insider uses info obtained, before the general public, to make investment decisions which results in profits not obtainable by the general public. often difficult to prove with institutional investors because it’s often based on hearsay and speculation. but with crypto the blockchain is transparently traceable and demonstrates a clear pattern. the only question is determining who the insider is. i wonder if the insider is an employee, or possibly a hacker. but coinbase and the crypto community has an interest in protecting investors from this type of activity so it is isn’t used as a pretext by government to restrict access to crypto ecosystems.
counting profits is what you should expect to see them do
<insert exploding head emoji😂
the entire “transparency” part and integrity is what you’re missing. but i also agree with your point.
yeah. it sounded dumb then and still does. these are for profit corporations, guided only by revenue and share price.
would rather just live with the insider trades and criminals than have the government get involved.
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i'm not saying either are good, but coinbase is a hell of a lot more regulated and scrutinized then binance. i trust binance as far as i can throw it. coinbase being publicly traded means that every time they screw up they will be dragged through the mud publicly, and short sellers will fall over themselves to make sure everyone knows it. in the end it will lead to a safer, more compliant exchange.
exactly, we see month after month a higher inflation rate for the us dollar, currently at the highest it’s been in 40 years due to careless printing and stimulus, yet it’s still as structurally sound as ever
so i've been doing it wrong the whole time?
do not even need to make a coin just hype one and pre buy
damn vet catching strays
harmony people been saying that for the last year lmao. to be fair i hold harmony myself but the team is atrocious at marketing their product.
i can feel that vet listing!
how is vet a shitcoin
i have , lessgoo!
vet has been maybe being listed thursday since this time last year. 🤣
it was supposed to be listed 5 times in 2021 lol.
if only there was a government entity whose job it was to stop this kind of thing happening… *insert ~~sec~~ *homer simpson fading into the hedge meme*
which is as simple as saying to yourself, "if they could, they would"
there has been a fair amount of people that have been fired already for stuff like this. i’d imagine it’s being investigated and there will be some more firings .
> all you have to do is convince yourself you're not a bad person for doing it. na, if i got a tip like that i would just execute. i literally do not care about any of you. there's no "convincing" that would need to take place.
the pile of money you can rest on helps you sleep at night, i imagine.
it's not really surprising honestly, the only bad thing that happened was they were caught. others are just better at hiding their shit.
liquidity in the form of coins you gave yourself?
well crypto original intent was to be used a mean of monetary. this whole shit of offering coins as a value. so pick what aspect you want to thiscuss for crypto. right now, ripple case will decide if it being treated as a security is subject to regulations for consumer protection. for me, i do want regulation for when coins are being offered as an investment. i hate how anyone can issue centralized limited coins and then fuck off with money with no repercussions. especially when their inherent value only lies in how many people have invested and nothing else. it’s new ponzi scheme
do you have the address?
forgive my ignorance here, what is meant by a honeypot token? thanks for any education.
if that’s the case then we know who owns the coinbase insider wallet if we know who runs kcal.
wtf, so even exchanges are aping into shitcoins now? what the fuck is happening to crypto
why would the insider trader buy a coin he cannot sell?
if you cannot sell thats what happens. look at squid game token, same thing happened.
those are nancy pelosi numbers
use a blockchain explorer that lists these shitcoins maybe poocoin.app and find the buy mentioned to see the wallet address
search around twitter for the wallet address and use etherscan
its reportedly a scam by other commenters.
there’s more than one way. best way to program your own notification bot that scans explorer apis of whatever wallet address you think is onto some hot shit. if you don’t know how to then consider learning with thiscord bots, it can be pretty straight forward. the tricky part is knowing which wallets to watch. i’m not going to tell you the ones i watch because the whole idea is to be as close to first as possible, but never first. good luck.
i did not and i do not i just looked it up this morning. the address has been popping up since this morning but gets deleted. i went and checked it out on etherscan and compared with some coinbase listings. it's 100% real. now i have a couple tabs of their wallet and some associated tether wallets they use to follow along.
the money in this wallet would have to get to it. unless they use monero or something.
etherscan. then go to erc-20 takons.
on pancakeswap. but you cannot sell lol
makes sense, it’s owned by a bunch of known wall st criminals
check it out on etherscan. you do not really know which is theirs. but there are some that are obvious. like they have a tether wallet that they send tether to and from and it never connects to a swap it looks like.
go to etherscan. you can type any address. most of the transactions they make will appear. it takes some getting used to by try to type in yours and follow along. after a bit you get comfortable with how it works.
if you are the sort of person to ask random strangers on the internet for inside information, then be aware that you are prime target for scammers. they will look at you and see a perfect mark that they can cheat for all you're worth. be careful.
the power of blockchain will set us free. or at least let us know who is fucking us over easier
anyone notice how this sub really just alternates the narrative from crypto being about privacy from the government ...to total transparency that the government can track? like totally opposite things get embraced as the way blockchain fixes it depending on the story. jesus fuck make up your mind.
this is an underated comment for sure my man lol fantastic
that's what the apes are still doing with stuff about gme. wonderful stuff!
that's after the 3 year investigation
that’s not even a joke. though i laughed a little. unreal
a movie that comes out many years after the misdeeds were done
the big *tip* starting brian armstrong played by jesse eisenberg.
does that not scare you for what people can find out about you or anyone with honest intentions???
i still sort of want a movie on this.
news really happens in real time in the world of crypto. nothing stays hidden and i like it like that!
haha yea and three whistleblowers
and 5 years later.
there's 1 years worth of stock market fraud dd in a specific sub.
and everyone wants to see crypto be used on the stock market *for this exact reason*
*ryan gosling in...****the insider*** *rated pg13*
funny thing is that nobody ever gets jail time, except martha stewart, for insider trading
congress and senate have been exploiting this for decades.
the sec is there for that but they usually do stuff after the dump.
with the stock market there would be enough people covering it for them.
unfortunately at the moment the other difference is that there doesn’t seem to be anyone in crypto to stop it happening. the sec are too busy trying to make their own employees rich with frivolous lawsuits instead of doing their actual job of protecting investors.
crypto exchanges aren’t regulated like stock and bond markets. insider trading isn’t illegal in crypto. still happens in regulated markets but more than a few have gone to federal prison for it. no one going to jail over this same activity on an unregulated crypto exchange. this is what comes along with fiat freedom.
>... you'll need a whole 3 hour movie to find out. 35 years later
can adam sandler be the main character
welp, now on to accountability. wait...nope, nevermind. lol.
exactly this. this is more of a story because it demonstrates why people who want no oversight on crypto are wrong.
i think you’ll find, as has happened many times before, the mandate will be extended and some of the bigger ones will be prosecuted as crimes. some guy who thinks crypto isn’t regulated is likely to be sorely mistaken down the line.
yep. crypto has 0 of the protections a normal market system has by design. who the fuck do you expect to do anything about this?
>definitely why some government officials hate it. gonna get hard to hide those "donations" thats why
and why everyone else should love it. you can actually “follow the money”.
bitcoin and the like for governments. monero for everyone else!
i'm a noob but how does this fuck somebody over? how can anybody know who owns this wallet address?
to be fair, in my language (german) this word would translate to what is literally "intransparent". even though we have "opak" as well, but this is not used in everyday language. is it different in english? honest question.
intransparent threw me for a loop too, but then i figured it was sort of a neat neologism that communicated something different then opaque: while transparent naturally allows sight, opaque naturally prevents sight, intransparent deliberately resists sight, sort of like a a cross melding of transparent, opaque and obfuscation. congrats to the dude for making a new word.
the answer to your question is corruption, it is just more easily visible in crypto
>how come coinbase is always among the first to list the latest shit memecoin there was a lot of demand for shib, and other big exchanges like binance got it before coinbase. they would have missed out on a lot of money if they had not listed it.
that really is the question of the year. i'm always amazed at the new listings that are on there and then i just shake my head and walk away.
i do always enjoy “if this were the stock market the sec would be involved” followed by “omg the government wants to regulate crypto we cant let this happen” posts
elon musk literally tweeted tsla stock was too high, it tanked, and all he got was a slap on the wrist 🤷‍♂️ rules don’t apply to rich folk right now.
did you drop a "not" somewhere?
fuck nancy pelosi and fuck the diaz brothers!
6 months later when it is no longer valuable.
stock trading is in no way as public and transparent as crypto. even trades made by congress is delayed by weeks, before the public knows. there's no 'stock' explorer i can look up investors on, and check their movements, even if they are anonymous. all this data is reserved for those who run the game.
then fix the laws. it's only 13 years already. a ban on insider trading would probably find more acceptance than some other things that were thiscussed the recent years as "regulations". btw, i'm pretty sure something like that would already be considered insider trading in many european countries - and we are usually the slow pokes of such things.
do you even understand what crypto is? i welcome regulations and insider trading is bad. this happens in all markets, no matter if its a crime or not. but while everyone can check if this happened at crypto (public ledger), no one can look through the order books for stocks or similar. there you have to trust the authorities, but humans are never 100% reliable. crypto offers alternatives which are *trustless* from it is basic mechanics. this is all what this is about. don't blame crypto because your incompetent government did not manage to criminalize insider trading for it within 13 years.
two additional points: 1. the post was about assets *in consideration*. some assets won’t ever be listed, and those that are likely won’t be listed for months. coinbase isn’t likely to be building reserves of assets that may never be listed months in advance. 2. its not necessary much better if it for liquidity purposes. it may be a form of frontrunning - they’re buying crypto in advance of clients knowing that their announcement will move the market
who needs logic when you all this copium and hopium?
for real... as if coinbase is gonna make a burner accounts to buy their liquidity.
you aren’t trading peer to peer on coinbase, of course they are market making.
this is not the way, but its honest work
oh they know crypto is good for catching such criminals. that is why they wana regulate it to hell. they cant allow thei tradfi insider trading to be stopped by crypto adoption
if this person is remotely competent they will never be identified, as opposed to traditional markets.
>*some* regulation might be a good thing definitely. if we had some regulation here, we could go after cb and the wallet holder(s). without it all we can do is watch and curse em on reddit.
sorry, either wild west or total ban. there cannot be any in between.
>they really need to dig into this if its just one of their employees who had the knowledge of what coinbase was planning on listing i have a feeling a self investigation will be like - " we've investigated ourselves and found nothing wrong"
lol got love when a bunch of anti-bank crypto bros get a speedrun on why regulations exist in the first place but still cant accept that they are part of a giant ponzi where there funbux value is completely dependent on the lack of regulations... go ahead and watch when regulations make stablecoins require real liquid reserve backing and you will find that the
that’s exactly the way it is, the markets are only regulated because of stuff like this. all these people that don’t want it regulated are most likely the ones coming out way ahead on these things.
regulations are a 100% needed. look at this case. we have the wallet addresses we know it has to be someone connected to cb but we can do nothing about it. no regulatory framework so no way to go after the guy.
except insider trading still happens, and "dark" trades make up the vast majority of actual trade volume. that's something the sec has not been able to prevent or even effectively monitor. even congress gets away with insider trading despite ethics rules against it. over 70% of congress are multi millionaires by the time they retire, not something they got just from their congressional salary.
hey now, i wanted 0 oversight and regulation, but the sec needs to step in because i got scammed. they need to step in now... but without regulating anything or i'm gonna complain about the overreach. 😤😤😤
to the extent the sec doesn’t view these as securities, there are insider trading rules for commodities (cftc rule 180.1)
but...exchanges arent decentralised. its not a factor here.
>decentralisation isn’t going to stop insider trading indeed it helps.
i do not need coinbase for that , i do it myself
very valid point. i'll keep this reply thread up so that we can monitor the situation
don't buy shitcoins that have 10x'd in a day? i'm not touching those with a 10-foot pole...because of my principles on insider trading.
yup, i noticed this as well. even if you catch it right when they list it, your already too late.
totally. people seem to forget the benefits of centralization. i am all for defi but it’s important to remember the tradeoff
it will only make it more corrupt since the more decentralized the more lawless a environment becomes.
insider trading crypto should be illegal, but i guess it is a grey area due to the unregulation.
the exact same issue would happen with decentralized exchanges just it would be the developers of those repositories which integrations they decide to merge. so let us not pretend decentralization makes it want better.
regulated when i'm holding the bag, decentralized when i'm not.
to an extent, yes regulatuons do stop it. it's still going to happen though but right now, zero consequences exist for those doing it and getting caught.
yeah, that’s why i’m here
name & shame is the only way
tell that to martha stewart. she did jail time for insider trading.
i wonder…. worth a try…
yep, that is why i deleted my account on there.
yeah i am not holding out hope, but it would be nice to see them crack down on this
lmao absolutely not. this came up on the main page and i think its fucking hilarious how often this entire industry gets scammed and yet people still fall for it. you're either a) a grifter looking to dump your bag on someone else or b) a victim who got sold the hope of getting rich. i feel bad for the victims, but laugh my ass off at the grifters who defend this shit. keep holding those bags bud.
maybe, but you can’t have insider traders and criminals without inviting regulation 🤷‍♂️ pretty lame
no. i'm trying to collapse an entire industry of scams built around convincing fools that bitcoin is somehow flawed and their shitcoin is superior. bitcoin is perfect.
just be an insider you big dummy!
vet deserves to be listed in more places. cannot believe why it is not.
the little engine that could, i've had some great times holding vechain...
some people think that everything except bitcoin or the top three are shitcoins.
the free money promise of crypto. pretty sure these guys rotated out of the nigerian prince scam.
and fack you whale!
you mean any company ever? lmao
i think you mean fuck humans. humans are the problem. us.
i thought crypto is about decentralization and avoiding government and regulations 😂😂😂😂
the sec doesn’t regulate pure crypto tokens. it isn’t necessarily illegal to manipulate or engage in insider trading of pure crypto as a result. if the sec did regulate these coins, almost none of them would exist.
which government? binance is headquartered in malta
whether one were to say yes or no, where exactly are you going with this?
in the sense of a way to earn money? yes. luckily we ended up getting laws and regulations tho.
if you have to ask on reddit, its over.
others have already answered it, but i thought i'll give my perspective. honeypot just means a trap, can apply to other things, not just crypto. e.g. free wifi (especially on an unsecured network) can be a honeypot so that you expose your device to eavesdropping and potential hacks just to get some 'honey'. or free vpn service which then sells on your browsing history. for me, the definition of honeypot usually involves a bait (free product , etc), i would classify the above coin simply as a scam or shitcoin (not honeypot) because there was not actually a bait, more so hype in the coin and greedy people who do not do their due diligence.
thanks you for asking! i learnt something new today
anyone here know digibyte, it is been a pretty meh coin, with the highest non exchange wallet holding 5% digibyte has always has a very thistributed wallet list. then suddenly a dead wallet came to life and went from 3% to 15% almost in a month. you can now buy digibyte on binance. didn't make the link at the time.
you're so so close to figuring out the lie it is been all along.
soon regulation is coming so the exchanges is having the last year in the wild west.
crypto was a giant scam the minute it went from being traded as currency to being traded purely for speculation
welcome to crypto being mainstream. it's going to follow the same path as the securities markets. wealthy people will craft and control it as necessary to make the most money and fuck everyone else. the difference is, there are current little to no regulations protecting average users at all. so shit just gets fucked up. nothing will remain decentralized or free from market manipulation if there is profit to be made.
the same thing that happened with common stocks in the 1920's. grabbing my popcorn for 2029. forecast is looking like it is raining day traders!
the pos corporate crypto heads are cashing in before it all goes down... 🤡 regulated exchanges should not even be a thing. defeats the purpose of crypto currency. govt should not be anywhere near crypto and exchanges, there should be less govt and many agencies thismantled. all corrupted from the top down. all used for nefarious purposes and personal benefits of central bankers.
either he is trying to shake off all the people copytrading him by getting them rugged on a shitcoin or he actually owns the shitcoin himself via another wallet and he just rugged all the copytraders.
i ignored a stream between nuggets news and mike novogratz when they were both shilling terra about a year ago. ignore is probably the wrong word - i was interested but could not work out what platform to buy on at the time. needless to say, i wish i had listened. they were also shilling redfox labs which has mostly done nothing though, so even the pros do not get every call right.
i know right. but somehow it is ok when these people do it.
the wallet seems to not have been used in a long time
no thisrespect but wouldn’t sharing this info only amplify the message and encourage others to consider the decisions thus increasing the value and your profit?
wait till they just buy a shitty coin on purpose to fuck with all new followers they got
how can i find it?
i’m prob an idiot, but wouldn’t it make sense that they need to buy a ton of these coins to be able to sell on their exchange? so why are we up in arms about these coins being bought by coinbase?
then what? sell them once they pump? swap back?
we do know who is fucking us over thanks to blockchain but the question is what can we do about it? almost nothing. other than chant "fuck coinbase" , that worked with robinhood
hopefully some will be set opossite of free from this
you need blockchain to tell you that? as someone who climbed out of severe poverty, i knew as a child exactly who. the haves are always easily identifiable. they have too much wealth to hide. what this is going to do is bring more regulation attempts to crypto. it's ammo for elizabeth warren and others to say "see, i told you so." this is not as good as people are hoping. the wealthy will always find ways to run these rackets and scams. but crypto can benefit the poor as well, so long as it is not regulated like other asset classes. regulations often serve as barriers of entry for people that would benefit from owning assets. so, i'm not attacking, but just saying i do not know how i feel about this.
i'd imagine this is why so many greed-driven, old-timer investors are scared of crypto. the blockchain cannot be 'influenced' the way people can.
turns out power of blockchain is to scam people easier than before. before crypto to scam. people you need direct visit, or countless hours of phone call, now what you need is just to list a coin on an exchange and boom, the fools are all gathering money for the lord
when it comes down to it, the only thing that matters is 'number goes up' the rest is noise. nobody is interested in anything else without 'number goes up' the more people believe that then it becomes a self fulfilling prophecy.
yep its because most people in crypto do not have half a fucking clue what they are doing or talking about. glad i could clear this up haha
what have the "apes" done so far?
imagine how much easier the apes' work would get with a public ledger available
all it can do is know what wallet adress did what , no one can tell you who it is
mo fuckin neroooo woooooooo 👑
i’d say yes. opaque is a well known, if not commonly used, word in english. i’ve never heard or seen the word ‘intransparent’ used before. in fact, my iphone is trying to correct it as a misspelling. with that said, every single english speaking person on the planet knew immediately what the word meant. so there was no miscommunication.
dont worry about grammar police, you speak two languages so as long as you can get your point across its fine. i have the same issue translating words from spanish to english.
we also use non-transparent
never thought i would pick up some german in a crypto forum! coincidentally, i learnt this the other day; the germanic language also does not have a soft g. words from this origin retain their hard g even when followed by e or i. for example, the words "get," "gift," and "give."
english is weird, but intransparent is not actually a word so there is a pretty significant difference. despite that, we can clearly understand what you're trying to say.
i'm american and i like intransparent especially if in this context. i support this evolution.
yeah i did lol, thanks.
and even then we dont get the full story because tradfi is opaque as fuck
it does not make any sense to me that they would announce any assets before buying up some amount of reserves, even if it is not the full amount. they know that announcing it will only spike the price on them.
lmfao the legitimate ban hammer
well, a publicly known wallet would leak their upcoming listings.
that's pretty lazy unsubstantiated linking. congress critters can get rich a bunch of ways, many of which are both legal and transparent, so the fact they get rich is by itself not evidence that they insider trade or get away with it.
it has always been us vs they
no, no it is them
and because they will crash tomorrow
it really doesn’t even apply unless they’re insiders with whatever shitcoin they listed and, there were regs. if they trade cb stock with non-public info, straight to jail.
if i get hacked, fbi should catch the hacker, and refund my money. if you get hacked...not your keys not your coin.
fair enough, tracking wallets is pretty easy. i can even track your wallet, would just need your wallet address and i can see any transaction you ever made, what coins the wallet holds, dollar value etc. i don’t have any control of it, but i can see everything that’s in there. that’s what blockchain is, a public decentralized ledger!
to be honest, your not wrong. this sub is like the last place you want to go for thoughtful, intelligent advice for crypto.
sorry, i was mistaken, she is number 6
she probably did not attend the right club to do this. but really, did not american politicians sell stocks just before covid lockdown introduction in 2020, and then bought back when prices surged?
um yeah lol why not?! an oh man was this through the app or the wallet?
bitcoin is perfect. we agree. this doesn’t mean every other project is a scam though. that thought process is insane.
imagine being an outsider tho
i like my vet although it has dropped in value.
don't talk about my fiance that way, damn it.
i think instant. for some reason, and this is purely opinion, but i believe a lot of rugpulled shitcoins come to market with good intention and by day 3 the creator is so rich on paper that all ethics go out the window for the shot to cash out because they have justified how they have earned that money in less than 72 hours.
yes. when i'm getting rich at others expense. when others getting rich at my expense, where's that darn government?
it is. that is why it is also about scamming the general public.
it stopped being decentralized when ppl put it in centralized exchange. if only everyone would use bisq...
coinbase and binance are not decentralized. you need regulation with centralization.
it's the reason they would not list kin, to many rekt bag holders.
fraud is illegal even if the instruments are unregulated.
i agree with you and i think the sec is actually never going to attempt to regulate crypto - i've come to that conclusion by reading some of the sec's many rejections for proposed spot bitcoin etf's. reading between the lines in their rejections i think the sec is basically saying "we are not going to regulate crypto because cryptos are not real securities, we do not want to give crypto a shred of legitimacy by attempting to regulate it, and we do not want fake securities based on nothing corrupting the real financial markets." basically the sec regulates only actual exchange traded securities that represent fractional ownership in real world companies and assets. because crypto has no real-world backing it is not an actual security and is thus not in the purview of the sec to regulate at all. it is the wild west and will continue to be.
i think he’s trying to go down the “just cause it’s ‘legal’, it’s not right” road.
haha no we did not. i know you probably mean well but you should know that slavery is still legal if you've been convicted of a crime. literally the 13th amendment abolishes slavery and indentured servitude, except as punishment for a crime. this lead to the famous "sundown towns", which essentially criminalized the act of being black after the sun went down (not literally, but ther would be stuff like "selling corn after sundown", which were only ever applied to black people). there were also laws on the books outlawing "vagrancy", or the crime of not having a job, which meant if you had real paid employment and tried to quit, you'd be forced into slavery for not having a job. over 200 years later, black people are still incarcerated at a higher rate than white people as a knock-on effect of how business leaders (who 'leased' "prisoners" from the prisons) steered the public to view black people as violent criminals (so they could have more slaves). also, debt peonage was a thing, where if a private company decided you weren't paying back your debts fast enough, you could be arrested and put into forced labor. it's 2022 and there are still slaves in america. our country is fucked.
lol i just wanna check it out on etherscan myself? of course its priced in already on all the currencies
the most reliable trading option is to follow the top 10 btc whales.
how do they pay for it, with another crypto?
so it is not a honeypot? lol
my question is how is this allowed? where is the damn regulation? we’re relying on corrupt dinosaurs in congress to do this shit who are themselves doing the same shit in the traditional stock market. nothing ever ends.
if rich people buy it, they are laundering money.
pancakeswap is more reliable at this point, haha!
that’s the price of being coinbase,all major exchange will!
maybe i'm just naive, but is not that plain fraud and illegal?
how does one know if they can’t sell it prior to buying?
oof. this shit should be criminal.
that's not what honeypot means. a honeypot is something that attracts criminals or scammers to either catch them (set up by police, etc) or to take their money. you're describing a regular scam.
still not safemoon 😂
the regulation in the stock markets does nothing to protect people. the sec protects the 1%, not retail.
and you might end up making some money as well
you found the crypto bro lol. if you google you can find it pretty easily. i do not have it on hand. but theres even twitter bots that track whale movements. its in no way secret or hard to find. people like h think hes somehow going to lose his 100s in profit, when there is a plethora of people following the same thing with trading algorithms instantly acting on this info. its literally also one of the core concepts in validating possible nfts, track bigwig movement for confirmation. don't be deterred. none of this info is anyway secret like hes making it out to be.
logic doesn’t always triumph the unaware ego. i know from experience unfortunately lol
this is not the coinbase wallet. it seems to be a personal one as they use uniswap and stuff. the up in arms is that this wallet is like 90% someone that works at coinbase making trades prior to coinbase announcing they were listing them.
10236 charing cross rd, los angeles, ca 90024
we can also choose not to use coin base because of shady practices, eventually using only decentralized exchanges.
yup. we all 'knew' this was going on. and conbase regularly gets away with freezing assets to cover their asses while screwing users. and yet... here we are.
we can collectively accept this is a long-term problem with long-term solutions, that change happens incrementally and only with consistent, persistent effort, and organize together in our collective political locales to advocate for and elect candidates all over who push for common-sense financial laws and regulations on powerful actors where needed, de-regulation for the little guys where needed. the truth its there is a great deal we can do about it. but not without sustained, focused effort and the patience to understand that these things do not happen overnight and do not happen through only ephemeral, all-online anger. critics of cryptocurrency love to cite things like the wealth inequality inherent within it as if that is some sort of defect of the technology or currency itself. it is not. it is because across the globe, governments have *restricted* the ability for the little people to quickly and easily and safely trade these assets, setting up endless roadblocks, while freely enabling the rich and the wealthy to gobble up more and more of the assets. the regulation not only does not protect the little people; it hobbles them, and enables the wealthy. as with cryptocurrencies, so with conventional assets. and we can change that. not tomorrow, or the next day, but by working together, and working *every* day, we can change the financial landscape for the better.
since congress is declaring cryptos as assets, all the retail investors can file class action lawsuit on insider trading, and even have the government involved.
man 100%. i tend towards libertarian but anytime i hear people truly complaining about certain rules and regs, it does not take very long to find the asshole(s) that ruined it for the rest of us.
people will always run scams. it’s not just the wealthy. the wealthy just make more with their scams.
you do understand how proof of stake works right? more money, more stake; more stake, more power. you know how this works when only the wealthiest get to call the shots, it looks a bit like how things are now anyway.
this is a setup... in an unregulated space, people are gonna set the ground rules to suit themselves, not the masses.
no, that’s the power of unregulated spaces.
people could put two and two together if it’s someone they know
it’s a word that just isn’t needed in most normal conversations, so with english as a second language it’s usually not specifically learned or just forgotten. the main reason i know it is because of modded minecraft.
deciding which word to use = grammar correcting someone because a word does not exist ≠ not grammar.
haha, you are probably right because i had to think hard about what a soft g even is. but when using english words i do not think we have a problem pronouncing it.
what about untransparentless? i’m writing them oxford blokes.
no one was "caught" here because this is not a crime in the us. this is the problem. in my country this would be a crime because our laws do not mention especially "stocks", but "trading" to prevent such loop holes. i did say this earlier, but you only picked out what you *wanted* to read. you notice that you are the one in confirmation bias here, right?
yeah i do not think that makes sense at all. if they decide not to list them they can just divest and the price will almost certainly be higher just for being in consideration. alternatively if one of the coins becomes mainstream they will almost certainly want to list it and the cost of reserves would be exponentially higher
great song by pink floyd^^jk
![gif](giphy3oejhcwdu7f4hkcudy) us at cb
well that, but mostly because of morality of it or something.
unless you want to learn how buy high and sell low
honestly can’t remember. i’ve used both. we’ll see.
no. every other project is a scam. every altcoin was created with the some purpose of enriching the creator. there are no exceptions. only bitcoin was created out of a desire to create a fair money that is incorruptible. new alts are only used for insider trading and stealing from regular people who fall for the scams. just because the scams are everywhere does not give them legitimacy. every altcoin has a marketing department. not bitcoin. bitcoin is just perfect.
> fucking amateurs. wrong industry sir.
sorry sir, you were looking for r
we are the outsiders
"they're hurting the wrong people!"
you can apply this to so much. two side politics are prevalent in most countries and both sides always think they are so right and the other side is pure evil. if you take a step back and examine either, you can always see the hypocrisy and deceit on both sides. it's just humans flinging shit. they always have and always will.
i did not mention cx exchange. lmfao
the differences between manipulation and fraud are significant. insider trading, front running, etc. are examples of market manipulation that are not common law fraud. that is one reason why section 10b of the exchange act explicitly bars both fraud and manipulation.
this isn’t exactly true. the sec doesn’t get to decide all by itself if something is a security it gets to regulate: it’s stuck with the definitions of the ‘33 and ‘34 acts and supreme court opinions interpreting them. it’s actually quite clear bitcoin isn’t a security under those definitions and that some crypto type offerings are securities. the controversies mostly surround people liking or not liking the consequences of that and a few grey area cases in the middle.
neither is a lot of stuff. if everyone has the same rules, the playing level is fair.
i use peachfolio for wallet tracking. etherscan. anyone have this wallet address or not?
what tools do you use to watch whales? whale watch twitter?
so just like the stock market ?
why do you need papa to hold your hand. just do some research before and stop crying for regulation. it’s pitiful.
the apy is incredible. i was considering staking cake
they are most likely provided a pot of coins by the developer of the coin and they will use that to run incentives or they take your coins and deposit them in the staking rewards that everyone can participate in.
funny enough i’m fully out of crypto. i was just questioning the logic, i’ve written code myself to do all this and more when i was mining and day trading it a while back.
got it, that makes more sense now. yeah fuck that
but why the insider trader bought that honeypot?
i'd like to think we had a role in robinhood's stock crash by constantly chanting "fuck robinhood" any time its name was mentioned
i have already stopped i hate coinbase ever since they locked me out of buys for no reason and would never tell me why. just told me to try again in a couple of months for about a year until they just locked my account. they lock buys for us and meanwhile they are making trades making themselves millionaires .
and in proof of work, the wealthiest can buy the most hashpower. what's the difference?
cobble...instead of...nm who cares
it's an "unword" which is also not a word. english makes no sense. don't worry about it.
idiotic opinion, but you’re entitled to it. best of luck.
you said this for me
yea but when they let me inside then i'm gonna get to do some insider trading too and its gonna be awesome!
the main post is about a cx, you replied to someone commenting about regulating these exchanges. lmfaoahfomebaikdj
then why did martha stewart go to jail?
good info, thank you. do you think any crypto will ever trade on existing "real" exchanges like nyse or nasdaq and be regulated by the sec? or it will remain basically a black market?
literally not everyone works at coinbase and has access to the list of coins beforehand… this is the perfect example of how there are not the same rules for everyone and it is not fair level playing…
bitinfocharts bitcoin rich list, just ignore the wallets marked as exchanges. wallet is one that a lot of people watch, including ben cowen if you follow his channel.
is ot kept somehow a secret that you wouldn't be able to sell it then? or is this just. part the dumb or inexperienced of their money thing?
hey man fellow lrc holder here, put your sword away! lack of any regulation gives people in power too much, well, power over those without. rubes are the only ones losing money on these type of scam coins, but that benefits corrupt scammers which i hate. if youre going to set up a game where people buy and sell things for money, and set up an economy where time is money, you have make sure there are rules for the game. i dont like seeing people (albeit people who dont know what theyre doing and shouldnt be investing crypto) get scammed out of money worth thousands of hours of their lives, by people who know exactly what theyre doing because theres no one regulating.
because if ever crypto is to be adopted by the general public there needs to be some form of control to protect the vulnerable from scams and fraud. zero protection at the moment means the victims lose all of their money and have no way to recover it or be reimbursed.
yeah, and you're neglecting that it is intentionally set up to catch scammers and attackers so you can see where its weakpoints are. it's not intended to just scam anyone because then it would just be a scam.
yeah there was no actual logic. lol.
the simplest conclusion is that they’re on the other side of it, it’s their honeypot.
we did it! the power of reddit
fuck coinbase. i have never liked their platform and will never use them.
proof of work also has devastating climate impacts, so even worse.
oof... my bad. fireball will get ya.
she committed insider trading in securities, which are subject to the market manipulation prohibitions of the exchange act. pure cryptos like bitcoin are not securities and don’t have anywhere near the same protections.
1) i think as digital assets find actual use cases, you will see more actual securities issued in digital forms. those will continue to be regulated by the sec. 2) i don’t see the sec directly regulating pure crypto tokens like bitcoin. there isn’t much to regulate. for example, there are no financial thisclosures, no fundamentals upon which to determine materiality, etc. so i don’t think it fits well into that paradigm. also, there are different groups that don’t want it regulated like a security for different reasons. you have the decentralized libertarian crowds that view lack of government regulation to be the primary benefit, the crypto skeptics who see no reason to dedicate significant resources regulating something that is all transparently a scam and for which there is no legitimacy to oversee, and people who just want to keep the crypto industry in the us growing. and there aren’t a lot of other people who care.
hey everyone, *coinbase denied this dudes application 😂😂😂*
all the other top ones contain static amounts and never trade so is really the only interesting one. what you have to ask yourself is if you had that much of an asset, wouldn't you pay someone (or write something yourself) to automatically spread it out over a bunch of wallets? it's entirely possible that a significant proportion of the \~150,000 addresses with 10+ btc are owned by a much smaller group of people.
is there any way to see what other coins it holds?
i have a coinbase account and thiis thread brought some shit to my attention that i didn’t know about (and have a problem with), so yes, you did do it. 😘
and you're making a perfect argument for why they should be regulated. you can tip toe around the definitions all you want, insider trading is a form of manipulation, which is fraud.
they fucking did i would be banking rn 😂
you would. and if you were smart you'd also pay a company like the one i work for to break up your trades across wallets on different exchanges and use algorithmic execution software to soften how much you move the market during the trade. if you were particularly wealthy and clever you might possibly keep a large amount of funds in a wallet that you use to signal your moves, and profit off of people following your moves, perhaps by buying futures derivatives before trading on the spot market.
>it’s set up by scammers to trap investor’s money lol no, it isnt. that's called a scam.
i also have a coinbase account and i'm looking how to move my funds. reddit did it again.
no, legally, manipulation is not fraud unless it involves securities or other regulated assets (e.g. commodity futures contracts) that specifically make it illegal. cryptos are not subject to any such regulation. so unless the person engaged in manipulation is also making false statements of fact that buyers and sellers are relying on, there is no fraud. cryptos have fought tooth and nail to avoid being labeled as securities because they can’t stand up to the regulatory requirements of securities. should they? i’m not here to debate that.
if i am selling apples, and i have an ad that says 'first 200 customers, buy 1 get 1 free' and the first 200 customers are all relatives of the workers in the produce dept, that is illegal if i am using securities. is that fraud?
and that is why i only trade multi year macro trends. too much fuckery on short time scales.
which company breaks up trades across multiple wallets?
i think the question is there a way to trace them exchanging btc for other coins? if so, what's the easiest way to do that?
have you figured out a way?
at least this will keep the crypto community wary of billionaire celebrities who are "with the people"
...as demonstrated by another post about him.
until he tweets about your favorite coin lol.
should have never paid attention to him
if this gets posted every few days , did we ignored him?. i think not posting anything with his name is better way of ignoring him.
finally. now let us stop posting any links to do with him on this sub.
elon never had power, before the last bull run, no one care about elon too. the bull run just amplified his voice.
stop talking about him altogether
as someone who's held dogecoin since 2014, elon's made some of us really rich this last year. . . you can say what you want about the guy but dogecoin hitting 1 cent was the longest running joke in crypto and here we are, 2 months after the peak, and the price is still hovering around 25 cents us. sure, the price could just keep dropping for the next x years. . . but no coin has even gone through this kind of effect before this quickly. not even btc. and having been on the ride since before elon even showed up, it is felt amazing.
investors are no longer listening and are finally realizing that the tweets of one man should not be the deciding factor
why do they keep reposting this nonsense daily? like every single day i see a new link saying the same exact thing. really?
ah yes i get all my crypto news from yahoo.
another narcissist billionaire who takes from the poor to get richer! ' hopefully by now, the dog newbies have learned a lesson.
he doesn’t care. his balls are so deep in meta materials that he forgot what crypto is 🥺🤍😏🤷🏻‍♂️🔥
this is inthistinguishable from satire.
how is this elton?
how about we stop mentioning him here too eh?
yup don’t care what he thinks about crypto.
tldr; the "elon musk effect", a phenomenon that roiled the crypto ecosystem this year, when every little tweet from tesla ceo elon musk could send token prices skyrocketing or plunging, seems to be losing its luster. "it seems that investors are no longer listening and are finally realizing that the tweets of one man should not be the deciding factor for whether they buy or sell their assets," one trader said. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
will believe it when i see bitcoin hit 50k without any of his stupid tweets.
funny how that works. he should have just stfu and rode the wave like a normal person.
it was bound to happen
i know of some people at work that consider him a god and everything he says they will follow like blind sheep. i think the guys is cool and all but maybe he has his own interest at heart when he talks.
if he did not back down from bitcoin none of this would ve happend. big mistake elon. all for that shirty scamm coin doge... he lives in his own reality.
i truly hope he gets to mars, and cannot get back.
on his way to becoming mr irrelevant
i think the whole thing of el salvador making bitcoin legal tender and mining with energy from volcanoes turned a lot of attention away from him.
1st it’s yahoo news … 2nd elon is ignoring everyone, that’s why he make billions 3rd it’s fud, but fud many like to hear
beginning of the end
big short on elon
this should have been the case for much of what he does... he is a billionaire playboy, he has nothing in common with his adoring fanbois. i do not get how it got this way...
well until all of a sudden you can buy tesla with bitcoins again, and all of another sudden you can’t.
i said this 3 months ago. his influence will only last as far as when he starts hurting peoples wallets. he can suck it if you ya ask me
who is elon musk?
stop posting about this idiot.
serious question did he ever actually have power? or was it just the media misunderstanding the drive behind certain crypto and how the market functions?
so a post about elon talking about not talking about elon.
i still do not get it. elon had no upside causing these issues. all he did was create a permanent and very vocal online community of haters that will plague every related post involving elon or one of his businesses. and these are not' the typical technologically incompetent anti-tesla haters, these are the crème de la crème of uber-technical online haters, the crypto crowd. if there is one group that makes enthusiastic tesla fans look meek, it is the rabid crypto gangs roaming the interwebs like a grimdark nightmare.
tend to ignore all my investments at this point cause i’m clearly in it for the long run now lol
i am ignoring this post.
rent free 😂 crypto is a trend and has no real value
he’s pushing for more renewable electricity use in mining. that’s good for all of us and better for btc in the long run.
so maybe we should stop posting about him?!?!
this is an incredibly hypocritical post 😂
yeah they should have been ignoring him about 10 years ago.
seriously. i mean elon is just one person against many people who for one small moment dropped their guard when he tweeted. who cares what he tweets. we all know money is changing to digital so everyone do not forget this the next time he tweets, shut your twitter down and make a cup of tea.
elon musk had power over the crypto community?
wait are more people wising up to the fact that elon musk doesn’t know what he’s talking about?
i don’t think of him in the same way i used to either. guys just another rich fuck.
this is good. we should also stop making posts that feature him.
everyone except the op, lol.
because we are in a bear market.
well considering his last tweet about doge didn’t really budge the price as it used to do, you can definitely correlate this to his loss of influence over the crypto community.
why did he have power over the community before? being a tech mega-billionaire doesn’t mean we all have to do as he says.
why do people post about him non stop. do people actually invest based on what celebrities say?
good this should also happen in the car community, the hole digging community, the solar power community...
we know that already, do not we?
he had his 5 minutes now he is getting just annoying. next please
he just likes the attention and winding people up. just ignore him. i do not think he cares which way crypto goes he just likes to meme
his search for relevance has made him irrelevant
finally, dudes wealthy and has contributed more than most society wise. however he is still an asshole that could care less how his musings effect the market, and those who have invested in it with their savings, retirements etc...
he might be a billionaire who dabbled in crypto but he probably only got listened to because he is a billionaire. why would people listen to him anyway?
people should understand that he is a billionaire and for him crypto is a sense of entertainment and profit taking.
that’s what happens after you spend months pushing a valueless p&d shitcoin.
good. he's a fucking attention whore.
neat, but……i’m still reading this front page post about musk……...so…...looks like he still has some influence.
elon bad. bad elon. no crypto for you.
i mean that’s what everyone expected no? eventually the return diminishes, someone even made a graph showing how the spikes in doge gradually became smaller and smaller. not like it didn’t work wel for him the first time, it printed millions for many who were more experienced and caused many newcomers to baghold. i made a lot on doge but i hope elon is still held accountable for how many people he likes fucked over
why did anyone listen to the manchild who called someone a pedo for criticizing his over engineered publicity stunt?
idk man a single tweet from this guy can still spike dogecoin a good 7%, still seems a bit relevant to me.
who is this guy
you should ignore everyone shilling for doge.
not a very self aware article...
i don t get it why people call him a “market manipulator”. y all just dumb af. just stop listening to him and that s that
fuck elon. used to be a fan of him but turns out he’s no different than any other of these loser billionaires. fuck you elon.
elon the fud puppet
if you think you are ignoring elon musk, then why are you posting about him
or, elon ignores more people in this cryptocurrency.
*proceeds to make post about him*
this sub gave him some of it by posting his name over and over. let's go back to not posting about him shall we?
fuck elon. if the man paid his taxes maybe humanity could dig ourselves out of climate change.
elon bad for crypto… bad for tesla … bad for spacex ……but good for himself 😂😂😂
bear market, when the bull returns you will be happy to see elon's tweets pumping your bags
stop reporting about this asshole
i seriously never understood this. i had some friends buying doge as a long term asset bc they trust a billionaires insight more than facts.
can't lose what you never had
he still laughed all the way to the bank because of these idiots that glorify him.
and here you are posting it on reddit
even elon musk is expecting this news. this shittiest human being is ruining the crypto experience for everyone
good, elon is a grifter and he is just manipulating people so he can make even more money.
good. imperialists can get fucked.
i hope ignoring billionaires becomes the latest trend.
hocking baby doge is a new low. guy is such an asshole. clearly just wants to rug poor dumb investors.
i'm glad we're shaking out the idiots who will blindly do whatever rich men tell them, even if they flip flop twice a week.
who is this elon cuck?
he’s an attention whore that seems like the type of dude to do some outlanthish borderline villain-type shit once people start completely ignoring him. like damn dude, you know who probably need your attention? your 50 kids.
this thread and the upvotes just proves he still has so much influence over a lot of crypto people. yikes
he never had any power over it.
i love how he said that once crypto is 50% renewable tesla would start accepting again. well reports have come out and it’s 56% renewables… i think that didn’t play into the narrative because he was trying to convince everyone it was dirty a few weeks ago, now with no effort at all it’s already passed his “goal” for it. he has to admit that he was talking out of his ass before.
wait this is not the same post from 2 days ago? this sub has lost their minds. the moderators should be ashamed of themselves for allowing the content of a subreddit to get to this point. unbelievable.
says posts with 15k upvotes and 1.5k comments.
yet, another post about him.
musk is not with the people. he’s rich, he’s not one of us.
maybe stop talking about him like he cares about you …
thank goodness... too bad we're still seeing posts about this narcissist.
independence day in america …become independent from elon!!
people are finally listening to what elon told them when he said his tweets are for fun and not meant to be anything serious.
finally more people are starting to catch on
why we still talking about him than?
he makes thousands lose money and so people stop listening to him. i'm shocked.
the boy who cried wolf
for a smart guy youre really dumb elon
for one individual to have so much power in their hands is potentially dangerous, as it could encourage investors to make decisions based on minimal, or no research.
great...now jeff will take the wheel
the only net positive i could see is that his shenanigans at least might have introduced some people to the asset class overall
and still on the front page of don’t talk about it, be about it.
now if we could do something about the whales...
he never had any to begin with the tv just made you think so.
the prophet became a prophet by telling everyone that the sun will rise before the sun rises every day.
must still have power if this has to be made into a post’m replying
just to be clear, y'all are still letting elon live rent free in your head while saying he is being ignored... okay cool smh
worst lay ever. what, we can only attack his business acumen?
yet op decided to make a post about him...
glad to hear it. these billionaires already have enough power, we do not need to give them control of the crypto space as well.
there are people who are still following his every word ( related to crypto ). he just should not talk about it at all.
same goes for celebrities promoting scam projects and shitcoin, they ll eventually turn themselves to must hated and lose influence in crypto space
i keep seeing articles like this…i feel like we should just ignore him and the articles too. give him even less power and report on the actual news articles.
why would people listen to him in the first place. can't believe people are this dumb.
the khan of cons.
well ive always ignored him and i will continue to do so. but its refreshing hearing about him having no effect on the market
he had never had power over it lol. people just used him as a catalyst. crypto would have to be extremely fragile that one person can have such an effect on it.
as it should. fuck this guy anyway! fucking market manipulation!
something good is happening to crypto.
elon musk is a donkey. its good to see his effect on market manipulation is thissappearing. if crypto will be picked up by the masses it certainly cant have billionaires having an adverse effect on it through a tweet.
op should remove this post and we should never refer to him by name. let the algorithm do away with him.
after the first time the market reacted elon should have at that moment stopped commenting but instead he started yapping on costing people money
lets hope he goes the same way as his precious crs-7 rocket... ' kaput
he will probably try to get influence in a new sector. didnt get why people who would buy
i follow him financially but i wish he would quit using twitter.
elon should put himself in the submarine he made for the cave in thailand and just sink to the bottom of the ocean for some time and think on his behaviiour.
yett he is still every second post on this sub
people should have ignored him as soon as he started shilling dodge
lmao f that guy no one cares about him
he's a fucking turd. a rich turd, but a turd nevertheless.
if you really want elon to 'lose power' in this market stop talking about him all the fucking time. forget him and ignore. period.
the community never cared, it was the plebs buying doge.
we need to stop post about him evrywhere.and we will be good
you say that like it’s a bad thing. that charlatan should not have had the power to begin with, and any fool who lost money from his tweets deserve their losses.
as much as i love finally seeing the market ignore his tweets, i believe this is only temporary. once tesla announces they will start accepting btc as payment again, everyone will jump on the musk bandwagon all over again.
with his tweet on china is basically saying nazis are ok.
brilliant. one person should not have any power over a decentralised currency.
good, fuck off elon twat
can we suspend people that post about elon on here? i see this post every second day. just stop talking about him
this post proves otherwise
its not that he had much power in the crypto community to begin with, his tweets were used by big money to pump up the coin. retail doesnt have the power to make anything worth tens of billions overnight.
feel sorry for those stupid enough to listen
he needs to stop eating from his own stomach!
it makes total sense. in this community, building a reputation takes time, but you can lose it all in moments. given his tweets, it took longer than i thought it would. if you want to be serious about crypto currencies, do not listen to elon musk. it's as simple as that.
he abused the power, had he tweeted crypto less often he’d still be the “influencer” he once was.
great to hear this
that's an absolute lie
good. he’s a fucking moron anyways
at least some good came out of this dip.
pls also ignore other celebs!
stop posting about him
its neither elon, nor the op who posted. its us folk who upvote and comment on such post.
who is this guy?
he sucked in his skit on snl and now i thislike him even more.
people are moving on… or at least are getting smarter.
until he starts pumping cumrocket...
the anti-elon fans are the biggest elon fans of them all.
baby doge up 178% since his tweet, but o.k.
i think its not just elon musk. every billionaire that has power, fame and owns a great company that millions of people know has that "power" to influence other people and make them think or change their mind about one or another crypto.
why do i read thus everyday here?
this is great news.
my mom said next week i can post this
fuck up elon sincerely, the crypto community
cause elon is just a greedy whale
i think that he never had that kind of supreme power. i think that big whales crew which are friends each other use his tweets to hide their moves and make him the culprit. people always tries to give to things one culprit or main character. you only have to check history. ww2: hitler is the badest guy ever. just a crazy guy saying crazy stuff supported for most of the country citizens... religions: main characters to justify good and bad things (mostly bad things).
did he hold a gun to anyones head to buy what he said? or you was just lazy to do your own dd?
such a bs article. elon tweeted about baby doge coin day before yesterday and its price surged by 98%. people who think he is not influential are living on hopium
his pump and dumps were dead obvious by the end.
i started ignoring him after the 2nd pump
i'd give my left nut to get elon banned from twitter plz
as it was foretold
if he really loses his influence, that post should not be here. ironic
now all that’s left is for everyone to ignore him and everything he does going forward
and yet here we are again with yet another thread in r
crypto is supposed to be decentralised so it needs no celebrity
he’s just the rich boy who cried crypto, i think we all know how the story ends
you either stop while you’re a hero or continue long enough until you become the villain
if it’s not him it’s some politician or finance company spreading fud or hype to get the positions they want it seems.
did he ever make sense!
i used to think this man was helping humanity but after all this i looked into him and he’s just a spoilt little rich kid. he didn’t even make tesla he just bought it. then he thinks all of a sudden he can just jump in and solve the trilemma by changing the block size of doge?!? yh mate you can just jump in and solve it like it hasn’t been consuming mathematicians for the past 10 years. i no longer respect elon.
tell that to baby doge coin holders 😂😂😂😉😎
unpopular opinion: his overall effect on crypto was positive after all
i unfollowed him ages ago,let him sink in his delusions
wow such negativity. i’m guessing no one here is still holding btc and doge at pre-december prices or earlier?? seriously 5k in doge turned to over 300k and is still 150-160ish for me. my btc since 2017 got a huge bump when he announced tesla was holding bitcoin. the only people who got burned are day traders and those who don’t listen to the advice i’ve taken to heart during every dip. just hodl. 5 year hodler here and gotta say musk brought a lot of awareness and gains to crypto. if you’ve been in for only a year and expected to retire by now i have no sympathy for you.
you are all asking the wrong questions, and therein lie the seeds of your ruin. rather than asking why elon and max and mickey the saylor man can move an asset by 1000s"why the fuck am i risking my blood-earned money on something this nuts?" don't downvote me; change my mind.
all of this has happened before. all of this will happen again.
must be weird that i found this is somewhat ironic. and here i am. commented.
good in the world of traditional finance dude would have been worried about his actual freedom. i still think he was somebodies pawn in the grand scheme of things.
bro yall are so barking up the wrong tree. its not elon purposely fking up the market. the market by definition is volatile in and of itself. but ya need to look at whats happening in other markets, to understand what's happening here. dyor
so another post that is about not giving him attention while simultaneously giving him attention
he never had it.
puh. so no more new shiba coins
smells a little musky in here...
nigh on 2k upvotes and 500 comments is being ignored?
did he ever have power over 'the people'? you could say that the uneducated, inexperienced, new retail acted impulsively over his tweets; on the other hand shrewd traders attempted to long and short the market based on the anticipated market sentiment. maybe as a big whale he had a high degree of influence amongst whales, but i do not buy that the vast majority of people logged into coinbase or binance or [insert your exchange] the second he posted something on twitter.
this kind of notes are just inviting to him to tweet more and show "he is the man" his ego its waaaaaaay to big
he's still relevant, as he gets spammed in this sub very often
took long enough ffs
he's losing so much power that this is only the 13th such post i've seen on a crypto subreddit past week.
this is not news
what power?! he's a businessman and celebrity, to which has barely any sway on crypto except for the occasionally blip... i swear the ones that complain about him are the ones perpetuating his "power" rather than speaking on the practicality of crypto hedging against fiat markets and economic systems.
elon needs to focus on space and not memeing crypto
you would think a guy trying to go to mars would not have a lot of free time to pump meme coins. how’s to show how much involvement be actually has in that stuff.
finally, he should be investigated and this time jailed btw.
ya, once he proved that he was the world’s richest spoiled brat
just wait until we start bulling again
unpopular opinion but i’m glad elon put more eyes on crypto. my fellow 4-5 year hodlers are still way up on the enthusiasm and awareness elon brought to crypto starting in december. i was hodling thousands in doge and a few btc for fun and even now they’re way up. if you’re new to crypto just hodl. everyone says it but a few of us live it. and if you’re not a newb and have never sold your crypto for years then why are you complaining?
elon musk is literally making crypto less democratic. i though crypto was supposed to be the peoples currency
i wonder if it is more people ignoring him or just more people leaving the space now that the markets down
well he is a douchy obnoxious billionaire
we can ignore him by not posting about him
excellent news. about time.
i’m just going to be one of those people that say i’ve liked elon musk before the doge craze, who cares if he’s with the people or not. the man is literally trying to put the human race on mars. y’all gotta chill with the finger pointing, judgement, and see the bigger picture. just imo.
he's know by some as "alon" a obviously for amazin... sorry wrong chat! asshole
thank fucking goodness. 🤪😂
we'll see what happens when tesla accepts bitcoin again
the fact that we are thiscussing him right now says it all: we do not ignore him. we cannot ignore him. the moment crypto will be mainstream,the problem is solved.
i really do not understand this elon news, btc hit tens of thousands before elon ever publicly talked about it and even during the brief two or so months where people were paying attention to him in the crypto community he barely had any power over the market like tweeting a negative sentiment when it was at an all time high and clearly ready to correct anyway. now people talk about him like he was the main reason crypto markets got as big as they did and how his tweets control the market, it is total shit and should be easily provable by comparing charts to when he first started getting into it so if journalists bothered to check the rumours they would easily find how overstated this all is. most annoying are the crypto journalists that surely know this seeing as they have been reporting on it for years, it is all about the views so they report whatever is in vogue no matter how bs it is...
i'll believe he lost power if i do not see this *losing power* post every week. i do not want to see this stupid fkin guy's face ever again.
and i still regularly see posts about him here
except that these articles are the equivalent of screaming “i’m ignoring you” at somebody’s face.
ehhh, its just the whales arent pumping for the moment, thats all. elon never had influence. whales just go with it because they knew they could dump on dumb and dumber after. thats all
the boy who cried bear?
people here really are stupid aren’t they. ignore him? he’s currently inspiring the next generation of scientists, engineers, entrepreneurs…fucking space explorers. while the smallest fraction of a subset of fintech…filled with total morons that have no reasonable experience in business, finance, and tech….shitpost on subjects they know an exact zero about. on social media. elon is busy shooting rockets into space. most of you? mediocre at best. stick with the winners and the best. ignore noise like this.
i think i can speak for most people in this sub when i say: „fucking finally!“.
like take that with a grain of salt. last thing people need is to get burned by elon just because they thought he could not influence crypto.
his face is starting to bug me out lol
no one man should have all that power
while i like him for his contributions towards spaceflight and electric transportation, i'm happy that people are realizing he is not a good influence for the crypto community
😂😂😂😂 such an expensive joke
now it is up to people to turn off their bots.
and he kind of realised and give up too...
lol fucking finally. took long enough for those idiots
the huge influence on the encryption world in the past few months has proved that the encryption world is not very mature. today, his influence is weaker and weaker, proving that cryptocurrency is becoming more and more mature and powerful!
i thought we agreed on stop making posts about him
if that simpsons episode where the statues come to life and destroy everything we’re real, we’d be absolutely fucked because this community can’t ignore anything or anyone, even for their own good.
elon is just manipulating the market. who’s gonna buy a tesla with bitcoin anyway. truth is, market was overbought and elon’s initial tweet was the straw that broke the camels back. bitcoin was highly due for a correction. i think what we’re seeing is elon fatigue. he’s running out of steam, market is generally bearish. but once it starts pumping, his tweets are gonna have more impact than they do now.
ignoring him is one of the best pieces of advice i give people who are starting to get into crypto. there’s no substitute for doing your own research.
3 days old article, why would you share it now.
cool. fuck that guy.
not until now? dude is cringelord . his douchey attitude on jre-podcast and his apperance on snl(which is a shit show anyways) should have been more than enough. edit: ps he's not self made. his parents are white emerald miners from south-africa... douchey enough for ya? no? look up his stupid kid's name. still not enough? he presumably slept with hollywoods karen: amber fuckin' heard \*puke\*
what if elon musk buys all the bitcoins and goes to mars with them ?
his words are the words of a politician untrustworthy. what happened to the poll when he asked "do you want tesla to accept doge?,"
can't wait for the rest of the world to ignore him too
look at us all ignoring him. aren't we so good at ignoring him.
he was nothing more than a meme. what do you except? nobody actually cared about what he had to say, it was just kinda funny for a while. “haha, rich man can tweet and prices go crazy. lol i might be able to buy cybertruck with dogecoin”
i’m a simple man. i see that fuckers name, i downvote.
good, all i gotta say
and yet we still have posts about this “lessening” hold 🤷‍♂️🤔
lol, til he starts saying “btc good!” and then “we love you elon!”
elon is a clown 🤡. his whole fud made him look stupid. either he was purposely manipulating, or he didn’t even do his research before buying btc. either way... not a good look
yeah, let us keep posting about it every 2 or 3 days
i mean the market has dipped over 50% there is no more hype and fomo ppl just ignore the charts in general these days . if it starts booming again you will see that musk will havr impact again.
you mean after that criminal dump and run? shocking…
ignoring musk is generally a good idea.
good. i'm a big tesla and crypto believer, but i feel crypto is best to others to develop it. with that said, elon shining a light on the environmental concerns regarding blockchain and bitcoin in particular.
10th post this week about how he is losing influence as people are ignoring him... stop posting this as well then
thank god he was so annoying
this same post was made 2 days ago. can we just stop with the musk shit altogether please
maybe it is just because the price dropping happened for reasons that had nothing to do with his tweets and they just happened to be a good cover for something much worse happening in the background...
eth maxis: "elon is irrelevant!" elon: i love eth eth maxis: "yesssss elon!!"
lmao. what a master baiter
influential people want to more influence. who woulda thunk?
good!!! we dont want influential people like him affecting crypto markets at all
the man is a genius but fuk me he made a right boo boo for the doge community...
i remember last bull run, it was mcafee tweets that would result in a pnd. would definitely which celebrity is up next.
is it my imagination or do we get the exact same news (like new) four days after the event actually happened? its starting to get really wierd.
at least he still got your attention 😂
do you actually believe that the amount of people that sold was due to elon? really think about it. sure some fomo on doge might have, but even the person with the smallest experience hodling. but he just ignited the underlying problem. once the small sell off occured.(something you would normally put down to a correction) the banks and hedge funds that were getting 100 times leverage on derivatives. lost their bet. tldr so who to be mad at elon (for starting the sell off) exchanges(for allowing 100x leverage) investors (for being greedy enough to take a 100x leverage)
ironically every time i hear about musk being ignored, it is on this sub. stop doing that for whatever's believe in sake.
okay the dudes already made his billions off of that, he is already thinking of the next hussle
although with this post you are doing your best to make sure he stays in the conversation. is that you, elon?
yeah, it’s a children’s story. “the boy who cried wolf”
i doubt he would care. you should not either.
that’s a good thing
clearly he still has power over op, who cannot abide us ignoring the technoking.
everyone but us is ignoring him
say with me. elon musk is not real.
wait until he posts something crypto related, that is not a meme ;)
this guy had nothing to do with the movement of bitcoin. there are entire nations, hedge funds, and billionaires across the world who are using tactics in this market that aren’t allowed in the traditional stock market. elon makes a nice target for people aggression. a face to put the feelings to. but just wait, next time it will be someone else’s fault and the same exact situation. keep watching. in fact, keep a written journal of it and track it across the time span of your life. see the pattern emerge.
i’m going to press doubt on that one…
wish this was true. maybe for a small group of people, but the same crowds will continue to panick when musk and the likes will fud about crypto. the community just needs other people with such popular leverage that believe in crypto to counterbalance.
he is basically one of us. but he has a space ship.
and still people post this daily.
i have such mixed feelings on this guy. on one hand i love tesla and we need to push for clean energy and phase out fossil fuels. i'm also a lover of space exploration but his manipulation of the crypto market with any repercussions is ridiculous
i invest in ghost farts and keep them in an imaginary wallet. i like the honesty of ghost farts as they do not pretend to exist in the real world. hey! i invented this number just now "2833755697.5695432.34345" and i will sell it to you for a dollar usd
you say you ignore him but i still see posts of him on front page almost every day...
im gonna be cynical, we are in the sell in may and go away stage of the market. alot of retail crypto investors have literally just gone outside between lockdown lifting and summer break. these are the primary people elon influences.
reddit has become my newspaper...
yo why the fuck were they listening to him anyways? please tell me it was because it was funny?
stop posting his shit will help a lot.
idk who would listen to that idiot. ive always wanted to start a betting platform where people bet on elon musk claims. hyperloop would have been easy money lol. now we got a mars base promised by 2024. youd have to be a real sucker to fall for his shit.
i love all the fucking excitement and the upvote jerk off but this story has been running all last week and i'm so glad i got to see it again this is how you fuckers farm your moons and red arrows up your asses. christ you guys are as bad as the meme coin subs sometimes. get fucked. no one cares about if you think elon has shit to do with shit because here you are posting about hims and all you fucking pogs clapping and sucking his upvote dick so you guys can go moon that spells fucking spam now go choke on your moons
everybody is look on gamestop and ryan cohen now
the way to go
honestly has anyone ever said they like the muskrat? like that is no one's favorite animal, nobody says, coolest pet i ever had, look at that muskrat go, look what muskrat can do, or, i wish i had a muskrat. loathsome little creature they are.
good fuck that guy
crypto today feels like the 90's internet. clunky, but revolutionary.
until he buys himself in with another billion dollars.
he should lose his money too
did he ever have it to begin with?
written by yahoo, posted on reddit. "he's totally losing influence", - that's why you're writing about him. if you write about him he has power.
why did anyone listen to the guy in the first place? he got rich off blood diamonds.
fuck this shaved chicken vagina looking mofo
you’re dumb to think he had any control on the market. elon musk is a fish in the ocean. he’s a waste man nobody fraudster. people need to stop mentioning mcafee junior.
i ussually dont vote posts but this post has my instant upvote!
eat the rich! ''when the people shall have no more to eat, they will eat the rich!'' - jean-jacques rousseau
i see a headline about him everyday in this sub. press x to doubt.
interest in dogecoin has fallen off a lot, beginning with that thisastrous snl skit and then a coinbase listing that was supposed to send the price to . the hype has faded. it's meme-ness is now considered ancient by meme standards.
losing weight it looks like underneath?
should be called "the boy who cried doge"
he’s not though? he literally made baby doge pump almost 100%.
reminds me of this story my parents used to tell me... the boy who cried wolf. perhaps others have heard of it?
people should ignore elon musk regardless of what he does with crypto
doge is still above 20cents tho.
he’s a piece of crap on every level. let’s hope that one day he ends up in prison for his manipulation.
glad first he make some random crypto worth a lot which was funny but then he said bitcoin isn’t worth it. he clearly influencing way too hard
in other news, sky is blue and water is wet.
tesla- apple level software with madcatz hardware.
most. just because he likes memes does not mean he is 'like us'.
goood. this guy does not know the fundamentals behind it .
elon bad. also stop making posts on him
i still like elon when it comes to spacex and tesla but ya i do not give a shit what his opinion on a crypto or stock is.
he is great with rockets and electric cars, stick to that
so how does tesla going to make profit now?
is he? because there seems to be an article about his in this sub pretty much every single day.
elon bad, now give me moons
that's what she said. til he tweets crazy bearish thingy ahain
he’s so ignored… while his name is the first two words on the top of the sub
finally, still not there through
he's trying to divert attention away from xrp, xdc, and the other iso coins because he knows what's coming. he might be an asshole, but he is not dumb.
overplays the previous impact, underplays the move to fundamentals. spam article.
haha that did not take long at all
is this meant to be elon musk
doge is not funny forever
...and yet, we keep getting posts about him.
sir this is a casino
fucking privileged moron son of a racist emerald mining family.
it should be bannable to even mention this asshat in any crypto community except maybe doge and thats only until he dumps on that community too
he never had power it was all a ruse!
and yet we’re still posting him.
but now were seeing it shifting to the internet celebs and them shilling to their fans for easy money. atleast the big boss is down for now
you guys still believe it has anything to do with him and not the end of the bull run i just … how
do you think this is more a reflection of the current amount of retail money in the markets post crash?
i am a fan of him, in general, but he should stick to tesla and spacex really.
i'm just waiting for elon to pump my shitcoin so i can become filthy rich just like him
he never had any power. his idiotic tweets were just used to cover the moves big money made.
so many crypto fanatics were loving it when elon was manipulating btc price and driving it up. now those same people are upvoting a post about how elon no longer has as much influence over btc price.
who's elon musk? 🤣
we’ve been ignoring his dumbass
elon bad. (totally not an moon farm post)
i can’t think about elon or my head will explode.
get out of crypto until gme and amc moon, it is only going to drop from here until that happens. then buy back in.
good. stop posting about him then
do we really need 20 articles posted every day about how elon is losing his influence?
he fucked us over. it was all part of the plan.
this is probably what he has been trying to do this entire time. make all the newb randos ignore him with shitposting so that he eventually can talk openly about crypto without every single word being interpreted as a prophecy or as manipulation.
whenever elon does bad we are against him, whenever he does good we endorse him. can we make up our minds?
he should never had in the first place
this just isn’t true lol
the elon bubble has burst. there is of course residuals but the hype and mania phase is over as individuals have used the time to explore better opportunities.
finally nobody listens to the idiot anymore. he has manipulated enough
y'all act like it is a bad thing? doge-1 is still going to launch, it just means the doge buying elon fans have all bought in and the price can stop flying up just to have people sell off and it crash...slow and steady growth will get us to a dollar and then we'll see who can rele hodl 🤣😭🤣😭
from the baby doge woof paper: > advantages of the binance smart chain are: > it’s a proprietary blockchain, which will provide security and safety to all > users and developers. > ... > its on-chain governance with proof of staked authority consensus, built > on 21 validators who validate the transactions, will provide > decentralization and enable significant community involvement. what centralization! what monopolization! what mofo would think this is a good platform to build on for the "next currency of earth!" go to mars and take cz with you! edit: too many expletives!
his attempt to manipulate the market failed. ftfy
can people not ignore him 1 last time so i can sell the rest of my dogshit. need the profits for more eth
yea look at baby doge and say that 🚀
wouldn’t be surprised if it was mainly banks and them making moves when he would tweet so they could just blame him
so to prove someone is irrelevant you talk about them consistently? 🤔
as they fucking should
if i see another post about this narcissist i’m going to crap my pants and eat it
lmfao what is this post, this sub is a joke 90% of the time.
tiktok had more pump power than him all the way through the bullrun anyway tbh. when good news does not pump the price, it is a wider issue than one bored oligarch; when 'el-salvador adopts btc as its main currency' did very little to the price, i doubt a second-rate bond villain is worth paying much attention to any more.
my turn to post this tomorrow
...and continue to post articles about how "irrelivant" he is
just like every other billionaire, we give them way too much credit for the personality that is actually rotting away underneath. remember the interview where the reporter asked him about his son kyle but used the legal birth name instead of the normal one? he's not that great underneath the success.
elon is like attention seeking rich kid with the best toys 🚀 but still that is not enough for him 🤷‍♂️
he shouldn’t have shown his ignorance to bitcoin and fucked doge like he did. idiot.
the minute he posts, , it will be on again...
he never had any power over crypto 🔫👨‍🚀
elon is losing his power over the crypto community as evidenced by the fact that people still post on crypto subs every time musk farts. it’s like your buddy who wants you to listen to his 3 hour monologue about how he doesn’t care that his ex is dating someone better looking and richer than him.
almost as if serial pump and dumpers lose reputation
bad elon, no retweet
he made his money on his pump and dump scheme. i don’t think her care wether we follow his hype or not. he already cashed in massively on the btc and doge run…
edit: i always forget hashtag does not do what it should here.
good, nobody should be able to have that much influence over crypto without the knowledge or anything to actually provide to the scene
yeah i got burned when he went on snl and called doge a hustle and ever since i've completely thisregarded the guy. i know he is controversial, people either love him or hate him, and generally i like the guy tbh, but i give him no credence in the crypto world
no one is more of obsessed with this man than this sub right now...
let me fix the title “ needy billionaire pays for article that uses same lame as picture in attempt to stay relevant”
yet crypto will go to the moon at his conference
the entire situation reminds me of when [ty warner announced he was ending the beanie babies line]( sales were slowing from the ridiculous peak they experienced but he dove head first into trying to push everything for a quick buck and he killed his own cash cow for nearly two decades. elon showed his hand too with the bitcoin bullshit and he should be looked at like the pump and dump joke he is.
he really showed you guys the typical life cycle of a publicly-traded asset.
he never had power to begin with. his statements are timed with what the market is going to do anyway. for example, the whales knew everybody would buy doge during snl. what happened? they took everybody's money. the price dropped to exactly the 0.5 fib retracement.
people who think elon influences the entire crypto market are delusional change my mind. u can’t 🤣🤣
thank the crypto gods! i have been wanting this to happen since before his snl appearance.
who are we ignoring?
in other words, more people are turning their bots off.
baby doge has exploded since his tweet. doesn’t seem like people are ignoring him
all i see about elon is how we do not pay attention to him...but you guys post about him every fucking day...
he was supposed to make me rich off doge over night. not impressed.
because he fucked us lol
lol until he tweets about it again.
all i want are affordable gpus to play games.
watch him go all in because of this.
yeah...until tesla announces anything involving btc again...
he never had power over crypto you clowns! lmao. what kind of delusional fantasy... you heard some rumor about snl amd thought musk controls crypto... that is fucking hilarious. you probably also think the crypto market is crashed right? good morning!
haha most of the new people in the space loved him when he was making them money and started hated him when he started losing them money; meanwhile they wouldn’t even have been in the market if not for elon. people cheering for him “losing power” are all a bunch of clowns. you don’t think the second he says something about another coin being accepted by tesla, it’s going to moon and other coins will moon due to arbitrage bots and speculation? please, he’s probably more influential than ever. elon taking an interest in crypto was and always will be an exciting and defining moment in the history of cryptocurrency. - old timer
did he ever have power? thought he literally just said he liked doge coin.
he tweets and the stock tanks or rises as well. he's learned to manipulate financial markets so he is trying to use his clout to manipulate it. however, markets *are* more powerful than one man. these are panic sellers, the hodlers and the technical people who understand it are just buying right now lmao.
and he is surprises or what?!? it’s like a baby with tantrums!!!
off with this spam
you gotta be a moron to think he can manipulate a currency with just one tweet
good lmao, it is about time people realized he is not an expert at every field under the sun and certainly not about crypto. the more people ignore him in the crypto space the better it will be for everyone.
elon who? stop pulling my leg, no mother would name their child that.
finally!!!! maybe we can get back to damn bullrun now without him messing up the market shares of the coins...please no more dog coins
so stop posting about him. how fucking hard is it?
garbage article about garbage person probably to farm moons. yay r
good, about time we stop listening to him.
fool me once shame on you, fool me twice shame on dogecoin😜😂
elon sucks, he paused our bullrun
jackass can go to space by himself but cannot pay nasa any money.
elon bad man. bad man no listen too.
i do not know, i've seen so many posts about him recently that i think people still care about what he does or says.
so you're saying it was a bad idea for the entire crypto community to act on everything that was said by one single person? hm, who would have known...
maybe the community should stop giving 100-1 returns to promote like him then.
it is about time
more people, except you.
he think he is jesus in market and crypto lend. “he tell - we believe” maybe is time to not let him believe that. and stop talking about him. 🛑
stop it mate, karma whore+
which one of us will take his place? lol.
ignored man makes headline
thank fucking god all that dude did was come out here and make things waayyyyyy less stable.
good. decentralized for a reason, he isn’t the kingmaker here. let him start his own coin for the musketeers.
elon may just be the biggest shill this side of oz.
he’s like the kardashians, ignoring him gets more attention.
we’ve watched someone choose their own fate. there’s nothing new about a person making stupid decisions for attention. yes, people will stop watching. it’s played out. once the novelty is gone it’s like watching a crazy person fight themselves in a mirror.
is not because he does not influence me. it's because we do not have any money left after may 7th
it only took the community a hot minute to see this twat for what he is. the rest of the world needs more work. he loved being the straw that stirred the drink.
[just do not look!](
good. it’s called “decentralized” for a reason
the entire of this page is giving him importance by asking not to give any importance to him ... absurd way of marketing his loosing followings
elon musk?!? never heard of her.
i like him anyway - i dont support his opinion but he is respectful
fantastic! now we need to see a reductions of posts mentioning his name and we are golden.
i think it would be epic if dogecoin becomes the global reserve currency. i see elon as a mad genius playing 4d chess. it's hilarious how the community embraces and then vilifies idols. memes... it's all about the memes.
has anyone thought about him actually preferring it that way? imagine not being able to talk about a hobby because you have so much influence. i'm sure he is liking the ability to tweet about stuff now without moving markets and drawing ire.
finally, some good fucking news!
imagine having that much influence you can say one word in a tweet then scores of coins with different variations of said word pop up in cryptocurrency! imagine buying into a coin, because it’s named after a word that some guy tweeted! bahhh! puzzling! 🤨
why tf would anyone ignore him, just do not trust him
fucker came over like a douchebag on snl
fuck that con artist piece of shit
i hope they tax the shit out of this bastard
he seems to be like a toxic girlfriend to the crypto world, manipulative, ugly, and yet we can not let it go nor he we leave us alone
he is no different than those he complains about, he is a manipulator, except his days are becoming shorter has people.realize he pumps.amd dumps for his own wealth.
for something that is supposedly decentralized, the centralized opinion of elon musk has had a particularly massive effect on the market.
as they should he went back and forth on his opinion too many times in a short period of time
like the advertisements in the simpsons halloween special… 🤭
it’s the market that gives him power. he shouldn’t have had any sway to begin with.
they tend to ignore his 'advice'. they still look at what he is saying but at least do not follow him blindly anymore. wisdom comes with age i guess
did he ever had any power ofer crypto community? no one who got any brain cells don’t give a fuck about elontusk and his words about crypto
because he’s a total piece of shit. duh
everyone should ignore him. about everything.
pretty sure he doesn’t care nor do the people who made thousands off of him being involved too. stop acting like crypto is this all for one and one for all community, everyone just wants to make money lmao
this time he’s gonna lose that hair rug for sure.
we’re stuck in an eternal oxymoron with elon and crypto
but hes always so right about everything.
he must do his own business.
lol. yahoo finance making an article like this? it's probably the polar opposite.
haha guys we totally are not thinking about elon musk right now
name 1 thing elon has done for the crypto space that isnt a useless tweet. ill wait
i honestly believe he hasn’t lost a foothold at all, he begins tweeting now to generate interest, interest to grow as this next bull run phase begins… then we’ll see how his tweets are still somewhat relevant. but, to be fair, it was never really his tweets to begin with, he seems to tweet negative whenever china does something to “ban bitcoin” there’s lots of other factors influencing price other than elon
fuck elon and his whole “hello fellow kids” attitude. has more money than anyone could spend in a lifetime but still takes to swindling crypto traders for profits. he’s just as bad as the “shorts” that he so vehemently decries.
why anyone cares what a billionaire has to say is beyond me
unfortunately he still has the money...
finally. stop taking about him.
yeah because uh, fuck elon.
pump and dump elon
this post is not really helping us archieve that though
read this article that explains how not to read this article.
so many whiners on here. 😭
this is shitpost at this point
ignore elon. keep building. 🔜🔝🏋️‍♂️
can it go back up now
alternate title: "remember when i was paying rent with musk crypto clickbait? daddy needs a new pair of shoes."
this is expected at some point, the market will outgrow his influences
good let the fucker fade
never cry shif wolf randy bo bandy
probably a good idea to ignore him.
maybe unpopular opinion: "took long enough"
i’m just very curious about why there is such a cult built around him. like, don’t get me wrong, starlink is pretty cool and it’ll allow my wife and i to move somewhere more remote, but i don’t see why everyone has turned elon into a god. he’s just a man. i work in tech and it’s not uncommon to see that one guy rocking the spacex shirt and lanyard for his badge with the mug from one of elon’s ventures. driving around in his tesla. it’s pretty cringe-inducing.
pretty soon people will do the opposite of what he says.
this flea is just trying to stay relevant, nobody gives a fuck what you think. shut your fucking mouth and kick rocks
unfollowed a while ago.
who is this rando you’re speaking of?
what's that? jokes get old? oh no, elon, nobody thinks it is funny anymore to react to what you say, poor you. (also, wtf is this news worthy? "hey, remember that one news topic ages ago? it's no longer the case! end of news!")
he's a shifty character.
how bout we continue the trend and stop posting elon musk stories.
once i figured out elon musk was just trolling, without considering the damage he was doing to peoples investments, i stopped considering anything he said. the whole saturday night live thing really made me lose respect for elon.
it’s about damn time!
based and critical thinking pilled
finally, get back to polluting the earth with your shitty cars
only bots pay attention to his tweets.
wow. what an surprise.
the con man that markets himself as the savior of mankind.
gotta love the fact that it took something this blatantly shitty for reddit to finally turn on musk. he’s been a grifting, anti-workers rights (history of union-busting, tried to illegally force his workers back to tesla plants during hight of covid) rich asshole since the day he was born and despite buying his way into both paypal and tesla with his daddy’s apartheid money (was not a founding member of either) everyone here continued to compare him to steven hawking. i’m beyond glad that the spell is finally wearing off.
elon dad -> elon bad
elon musk is for the people
finally they woke up lol
he’ll still influence new crypto incomes 🥲
he only made the market of bitcoin double and then half 😭😭😭
finally i lost patience when he did the self-serving move of “btw bitcoin is bad for planet, let me reverse course”
i’ve a special place in my heart for anyone that wants to rival nasa
yep, as babydoge is up 200%...
fake news, no one ever cared
elon is what trump would be if he could even remotely code
musk is the new john mcafee of crypto shilling shit coins and having no ideas what he’s talking about.
"baby doge doo doo!" stfu. just please, stfu.
elon is a control freak narcissist
good. in fact, excellent. now if only people *outside* the cryptocurrency community would follow that example...
this is news? lol. the whole thing is hilarious.
probably best to ignore everyone that lives in a totally different reality than you - especially when that reality is billionaire land.
i understand but these post mentioning he has no power have been constantly been getting posted. just erase this fools name, don’t mention it here
because it was never him in the first place. whales used it as a way to manipulate, people need to look at the bigger picture.
yeah that’s his fault for trying to manipulate the market. stop making it so stupidly obvious
fk elon. fk elon and his doge in the a. 😂
“people slowly realizing investment strategy should be based on more than just tweets” ftfy.
no, you were just wrong that he had enough influence to cause the crash. he is just as relevant as ever, but he never had the power to singlehandedly change the entire market direction. we can come back to this when doge is over (soon)
look at them gains on babydoge 🚀
this community is hilarious. 11k upvotes. you sure you are over him?
wtf were you degenerates taking him seriously?
is this a joke or are you just an idiot?
"investors are no longer listening and are realizing his tweets should not be a deciding factor, one trader said" omg a trader said it?!?? i heard traders are very rare
it’s about time! the value of crypto shouldn’t rest on the arrogant tweets of someone who has too much money to care.
on crypto he’s fucking schizophrenic.
his plan all along
good. fuck that egomaniac. now twitter should ban him like the former guy.
i wish he is out of the bitcoin, and he can focus on his dogecoin.
i just don’t see how ppl with actual money take him seriously...like thats all it took after all these years... a speculative tweet?😂
i like how people get angry at elon, when its the people who react to a guy randomly tweeting about crypto who are the dumb ones here. elon has little to do with crypto, i understand if it was vitalik or something, but elon builds evs and rockets, how people delegated him a point of authority on crypto matters is beyond me. probably americans and others got stimulus checks, elon mentions doge, and newbies who heard of crypto and that it rose in value a lot, were like: i must invest my spare cash in this crypto thing. and thought that this elon guy must know thing or two about new techy things. meanwhile a guy who memes, makes a fucking meme which vaugely ges with his spacex motives, people react like utter morons, and now people act like he should be tried for manipulating markets. astonishing how versatile people are for finding a scapegoat for their own stupidity.
so just like 2017?... crazy how people have short term amnesia... rinse and repeat the same p&d and there is always a fresh crowd of moon boys to take the bait... holy hell. probably the new crop of moon boys just gain too much traction and the "fudsters" are just like good luck!... lol famemoms
i thisagree. he can move the market. when one man can move a currency, it is a risky bet.
the billionaire that we used to love. f him!
dog coin sub in shambles
oh no, what will doge community do??? all the “happy b-day elon” tweets go unanswered
noooooooooo!!1!! daddy elon pr0mised m00n!!!11!!
funny this post has about 18k likes from these ignorants
and yet, if he exhale and let a noise out sounding remotely like "coin" there is a post (or 30) appearing on reddit minutes after.
elon, pay your damn taxes.
fine by me, the only time i hear about muskrat is here... so that at least means i see his ugly mug only a few times, lol.
he needs to promote moons! the real currency of the future.
he’s not “with the people.” he’s complete opposite.
did you see his post about baby doge and then the pump? get the fock outta here
who ?! dont know him … 🤷🏼‍♂️
twat is out now
it was silly from the beginning but ... some profited from following him.
the transition to howard hughes is almost complete
i listen to him as much as i listen to others. i take in all info but i wouldn’t react on his asperger tweets.
in bear market lots of people will ingnore crypto but when it is bull market elon will show his power of manipulation.
given that he stitched them up by crashing bitcoin briefly by pulling out a huge amount of cash, they would be right to ignore him. i just wish people would stop with memes of him.
good. i'm glad this is happening. he's a manipulator and adds nothing of value to doge in particular but hot air.
well and then no one knows if he is meaning what they all guess he is meaning. he might or might not be who we all hope he is
i certainly started ignoring him
man i get mad every time he tweets about crypto. every time he does it all tanks
this is definitely a good thing but don’t thiscount why he was able to manipulate the crypto markets the way he did. lex friedman put it best in his [interview with vitalik buterin]( “…the most entertaining outcome is the most likely, and he’s fully embracing the most entertaining outcome…in many ways dogecoin is the most entertaining cryptocurrency”
fuck elon musk! i canceled my tesla order because of his market manipulating ways.
funny how musk sentiment sways with the market, isn’t it? bull market he’s a forward thinking innovator for accepting btc. bear market he’s an egotistical nobody. me thinks the answer is somewhere in between. spacex will affect the future of humanity. tesla has pushed major auto makers to go electric which will affect the future of humanity. is he perfect? no, far from it. he’s also nowhere near the villain this sub paints him out to be.
he keep trying to hype doge, do not think it works this time
i see a post every day on this sub about how elon is “losing relevance” in the crypto space. sure doesn’t seem ike it if we keep talking about it
i mean he has enough power for us to continuously mention
where is the follow up post about what mark cuban says about this? it is stunning how much reddit gives a shit about what either of those people say about anything.
the only place where people are still listening to him is this subreddit
i love a good opportunity to say “fuck elon musk” so fuck you elon.
that's bound to happen when you are a rich dude talking bullshit for the sole reason of trying to get even more rich by manipulating small people
i actually used to like the guy. hell i bought a 2018 model x because of how advanced his thinking is (still best purchase to date). however now i’ve lost respect for him. he has put his 2cents into something that has hurt millions. i’m glad people are now seeing his ignorance but i still respect the hell out of his companies. i want a tesla solar roof so bad but the waiting list is over a year in my area
different story if he mentions accepting bitcoin payments for tesla again...
yeah, we got to stop talking about him. he probably gets immense satisfaction living rent-free in most of our heads. don't give it to him!
elon does not own enough crypto to have power.
"elon used ~~splash~~ tweet!" "but nothing happened!"
but my doge coin
that's my secret... ...i've always ignored him.
yet reddit posts about him never seems to stop.
"the crypto community evolves higher than degenerates and begin to realise that value is not depicted by one person, but from the community that supports it"
no if people could just stop clicking every article about him.
about time. let that guy die out please. we'd be better off if everyone stopped even mentioning his name.
that's what happens when you try to shill with cringe tweets lol
was bound to happen eventually
who is this musk character i keep hearing of?
i do not know about "losing his power." the market conditions (specifically the sentiment about cryptocurrency **outside from this subreddit, of course**) is not very conducive for the market to be swayed by his words. takes about international level of shitfuckery to move the market downwards in the current period. because people are not as bullish as they used to several months ago, his words hold far less sway than you and i would like to agree. give some time (years? months? weeks? tomorrow?) for the sentiment to fester upwards or downwards, you'll be surprised that he is not the substrate, only the mere catalyst.
isn’t that a good thing?
boy who cried wolf in full effect.
until tesla accepts bitcoin, then bitcoiners will crawl his ass again.
he never had power over the crypto community. think of how objectively stupid literally everyone in the crypto community would have to be for this to be true. i mean i’m sure there are a few of us watching kim kardasian reruns out there somewhere but on a whole... not a chance. i think either elon was using his celebrity to hide big moves in the market or someone else was using his tweets as a shield to hide big moves in the market. wasn’t organic.
yes. i too see how much we're ignoring him by having top posts about him every single fucking day. fuck off already.
for now, wait until he accepts doge
finally all the incels will stop sucking his cock after his tweets!! fucking finally
this could cause narcissistic rage
genuine question, are we just ignoring natural cycles? i'm not saying elon did not contribute to the recent down turn but does one guy on twitter really have the power to wipe out 600 billion? no. does china fud? no. look at 2013, btc did the same thing and corrected halfway into the bull market. we actually started losing steam around 60k if you look at the charts. also, if his criticisms are actually valid, should they just be ignored because they hurt crypto in the short term? this kind of criticism could lead to improvements in btc's environmental impact, ultimately increasing its appeal in the longer term. i'm not denying elon has been irresponsible. he is smart enough to know his tweets have impact. twitter should probably remove his account after his tweets. but honestly, the way people act on this sub is just dumb. blaming elon for everything that has gone wrong is ridiculous and you are doing simply because its nice to blame things on a villain and the "elon crashed crypto" narrative is easier to understand than natural market cycles.
there are only 2 people in the world that control the crypto market and that is the bogdanoff twins.
good and now this subreddit should also learn to ignore elon's ignorant ass.
yea complaining about bitcoins power consumption when your cars suck down electricity like it is nothing to power the pile of rare earth natural resources under the hood may send you down the road to losing credibility
he singlehandedly killed what was on pace to be the largest bull run in history, with a tweet. 99% of analysts were all saying this time it was going to be historically long, years long bullrun because of all the institutional investment. elon tweeted, and made it one of the shortest runs we've ever had. ' his power and control over this sector of tech is immense and its undeniable. the damage has been fucking done at this point. maybe his grip is loosened but he has set the space back by a minimum of 10 years. ' this whole crazy thing has only been going on for about a decade, and he just put the whole shit on pause for as long as its existed, and done so with 140 characters or less.
look at him! look at him and laugh.
it was funny at first but really started to show how stupid people are, good that they are waking up
not over this sub apparently though.
definitely noticed his doge plugs are having minimal effect. he tweeted about it allot last week. the price didn’t move.
and yet, i still see posts about him everyday...
when doge moons? and when lambo?
i was fine ignoring him till i saw this. catch 22.
not if we keep bringing this bastard up
stop posting about him then!
stop making posts about him then
this is good. bitcoin is not about one person. it is about everyone. the blocks will just keep producing. some part of me thinks he is very clearly aware of this fact. he just trolls the bots on twitter that buy when he mentions anything.
oh yeah, it is all coming together.
now if only the tesla engineers could just start ignoring him as well maybe his cars wouldn’t burst into flames spontaneously.
he’s losing his influence so let’s make sure to post about him!
im glad. fuck elon
boy who cried wolf
probably an unpopular opinion, i'll still get a tesla as soon as i can because it stands for the future of automobiles and energy in general. that does not change that elon is still not a good person.
can we stop listening to billionaires in general? get some morals, people.
i’ve been bitching about how awful elon is for almost a year on here and i have a total of 99 karma to show for it. it’s nice to see you guys finally coming around.
i'm a simple man. every time i see a post about how elon musk is losing his power (again), i downvote.
good. fuck off with your fud and shit coinery
bwahaha what butthurt little ingrates. how does it feel knowing that elon can buy and sell your sorry asses and still have time to make dank memes and go to mars?
are people finding out he’s just an insecure douche?
honestly, fuck elon. dude is just another egomaniac with too much money and influence. elon fanboys are the worst kind of people.
emerald skum. focus on your personal life. does he even have a gf? or is billionaire bitch his entire persona?
lmao good. dude was clueless
im still buying d o g e
i feel terrible thinking i even liked the guy. when you learn more about someone, you find terrible things.
he only had power over the memecoin crowd anyway
thank god he’s an idiot in the crypto community, gives us a bad rap
last a lot after snl
idk floki went crazy for a min
he just made baby dogecoin spike big a day ago lol. great timing with the article
it’s going to be so funny when tesla’s can start mining doge and btc.
this is why currency get centralized 🤣🤣🤣
this is hardly surprising. he just made a fad out of cryptocurrency. it was going to wear off eventually.
well that is why happened you try to low blow too many times. people may believe you for one or two good things but after to try to play with their money, things goes sideways.
he is into crypto?
yeah bitcoin is leaving china.
elon musk? never heard of her.
but still this sub is not ignoring him
all evidence to the contrary. plus that new booster looks much more interesting that crypto related. crypto currency is boring and an embarrassing use of resources
mansion token just launched on dxsale! 🚀🚀🚀🚀🚀🚀🚀🚀🚀 4877
remember when ppl are begging for crypto to replace banks? i laugh every time i see those type of comments.
damn. this article is dumb. and insulting.
or he didn’t have the power everyone thought he had and it was just whales hiding behind him so he took the blame.
people are realizing how poor of a sense of humor elon actually has
elon sucks. can i have moons now?
he’s a sociopathic man child. vapor ware salesman. how’s that hyper loop coming that runs in air blades in a fucking vacuum?! “it’s super easy, i swear!” elon like 10 years ago. fucking dumbass
down voting every post about elon musk. sorry i'm not sorry.
speaking of elon, did anyone see the 50k house he rents in tx? its a box house, blew my mind!
he’s lost his following after that horrible performance on snl
because of him, i sold all my tesla stock and bought eth. his stock is overbought. someone needs to short it.
my unpopular opinion but that was his intent from the beginning to show how even he can become irrelevant to the power of crypto and prove its state of indepence.
yeah lets ignore a crypto bull that generally moves the market uppies becuz elon hurt my feelings...
everyone should do what they can to help musk, every penny counts, because the more money he has the faster he will be going to mars.
200iq move by elon actually. hes going to start not mattering and eventually start triggering a negative shift. hes going to short the market and make money. ??? profit
yeah after he made it all dump, and took more than a week to correct his error, i was over it.
too bad this does not somehow equate to wealth rethistribution. d:
i have nothing against elon but nothing pro him neither. he's got good and bad views. just do not believe he is doing anything for the value of crypto. that's all hedgefunds right there... :d
thank goodness. what a weirdo
wsg crypto is skyrocketing why??
: gearing up for an action packed + celebrity backed launch! 🍸🎉🍾 ✅bnb + busd automatic hourly reward payments ✅automatic + manual whale buy back bot system ✅first ever rewards multiplier on the
good. he doesnt even back anything solid. never once has he mentioned link, or strongnode, or hbar. just btc and doggy coin
i will create a betting event on wallfair "is elon going to be still popular among crypto enthusiasts in 2022?" i am sure the result will be "no"
i hope he hasn’t fully lost his influence because once he takes notice that superbid is going to literally placed on the moon on a ledger, it’s going to bring massive awareness to this awesome project. i’m telling you guys, you gotta check this out while it’s still a baby. their site is superbid.io
elon is a problem. he needs to be spanked
lol i am pretty sure i hear about elon more here than anywhere else
how do you farm moons then?
who decided to give him a stage to begin with?
his influence was spread by the assistance of positive posts about him and how good he is for crypto. in order for reduce that influence we'd need posts like this to spread the idea that he is not so good surely?
plz make him moon shib now
the news articles fuck shit up more than he does nowadays
but then how would everyone know we should ignore him?
where that meme about trying to downvote something is like shooting a gun at the sun? that’s how i feel when downvoting every elon post.
yes. no more posts, no more influence.
you can influence some of the people some of the time, but you cannot influence all of the people all of the time.
let us be real, he never had some super power over the crypto market. the news blew it way out of proportion because stories with musk's name in it get more clicks and ad revenue. for that reason, we will continue seeing this bs
this! crypto is bigger than this guy. elon is fraud.
then please stop commenting on posts about him! 🤣🤣
open your god damn vault mr hugehungryhippo.
he's just seeking attention to his companies that is why, but yeah i agree
totally agree; why do i have to endure a post about him.
by posting about that we are ignoring him, are we actually ignoring him?
yeah, give it time, the posts will naturally decline as his influence wanes.
too many moons at stake to not. this person's sitting on roughly . all from a single post in which they said absolutely nothing of value.
my brain is hurting at the fact that making posts about not making posts about him is making posts about him. tl:dr elon can get eaten by dire penguins. 🐧
haha this is why i love elon musk - even when he’s not relevant he’s still very relevant and brought up everywhere 😂 hope he turns it a weird version of mcaffee… looking forward to a “bitcoin to ” statement 😂
perhaps we need a poll to ban elon musk posts
a post about his lack of effect is a good thing. it propagates the fact that his nonsense has less consequence to us, so no need to panic sell when he does some other dumb shit. all the posts shitting on this fool probably helped get us to that point, too. all the talk about him in this space has likely contributed to his over exposure and lessened impact.
mods literally do not enforce their own rules. > opinion pieces are only accepted if they meet the citation and research burden that would be expected of an academic piece written at an early college level. literal fluff pieces. embarassing. any college professor would reject this piece and they certainly wouldn't publish it. mods have time to remove posts criticizing them, but garbage posts like this make it through.
in this scenario we actually need more posts highlighting his irrelevance. if more people get the message then more people stop listening to him. not posting about someone does not make them go away especially with musk who occupies multiple fields. we need to anti-post, not ghost.
there is no such thing as bad publicity. we should not give him the light of day and yet i see 2 posts a week saying musk is losing his influence in crypto.
someone doesn’t see any irony in posting this - you clearly are making him the centre of attention - while saying the reason for posting this is to say how it’s great that he’s losing people’s attention. err?
anyone who thinks elon gives one fuck about others is delusional. people are so fanatic that they are literally bonkers for a billionaire that couldn’t give less of a duck about them. he doesn’t know much about anything and he’s all hype. anyone who can’t see that deserves to get smeared in elons shit. theyd probably think it’s a compliment though.
this is the desensitization process. it takes longer for larger communities but be glad it is well underway in this scenario.
who uses elongated muskets?
seriously!! thank you!! we need info that is helpful, not the same "elon said." that does not help anyone and it is not having any effects on the market (much) anymore. it's like people posting about a crypto they don't like on that specific crypto's subreddit. if you do not like it, that is fine, but it is not helpful to the community, causes more junk to sift through and nobody cares!! nobody can predict the future of crypto, so everyone should do their own dd and like you said...enough about the posts like this. informative posts or bust. stop clogging the sub with the same junk! buy what you believe in, hodl and move on from these posts!
well said,mentioning his name is still like giving him some iota of attention...the crypto space does not need someone like him.
de facto this post and most comments are not ironic, they are outright lies. elon is constantly dragging the world's attention to dogecoin and bitcoin and defi in general if they are not your main portfolio components... you're about to do well in the final bull run but relatively speaking miss out.
ffs really. there's like 2 each day.
this day and age, it is pretty important to actively tell people what they need to ignore.
i fucking hate that we have this pricks logo in here
dude i just fucking gave you an upvote which made your comment go to 3k thank you for this amazing opportunity
can someone give me my first moon?
lol the crypto community has the memory of a goldfish and will go back to celebrating the next billionaire that comes along to shill a coin or two musk is just the mcafee of 2021.
i do not know about that. an alarming number would not care as long as their bags are getting pumped.
*"he is basically one of us"* i remember reading that quite often when he was still at the beginning of crypto influence. he is not.
i couldn’t agree more! i am glad people are waking up and realizing what his intentions are and who he really is; he’s no body special and doesn’t know a dam* thing. he just got lucky with all his endeavors.
[by with the people, you mean the people's republic of china, right ? ](
>"with the people" our concentration of insiders hoarding what they think will be the world currency, are better than those no good celebrities!!
idk why people even think we live in the same world. we are the equivalent of ants to them. even if they wanted to care ... they are incapable. let me see one come down here with the rest of us ... get a job at amazon warehouse and live off of that and drive a 2013 nissan rogue and live in a 3 bedroom house with 5 roommates... then we talk ... tell elon to bring his kid and file for food stamps. i can’t wait till he tries to buy health insurance then realizes he moved to texas and texas did not expand medicaid. they really don’t understand any of this. and they don’t care.
"i am weef da peeople" "amirite my fellow cryptoneers?"
“billionaires with the people” “sharks for the well being of minnows”
what the fuck does your comment even mean. obviously you are very young.
who you quoting dude?
this is completely missing the point anyway. it's a bear market, a majority of the fomo noobs have dropped out. it's not that nobody listens to elon anymore, it is that there is nobody to listen anymore. the exact same thing will happen next bullrun, either with elon or someone else
yeah this, feels like he’s protecting the community by being the bad guy. thanks, electric car snape.
everyone is taking michael saylor up their was like he is the next crypto god though. billionaires have no morals, thats how they become billionaires. the community needs to become more resilient to these types in the crypto space.
he thought he’d never be alone, be alone, but now being ignored is the only fate fo elon - the market cycelone
untill the next one
so we have to be wary of all billionaires now… why do billionaires want to take money from poor people anyway!?
well isnt the crypto community against the people? i mean crypto mining is destroyin all the benefit of renewable energy and make it even worse. people should stoo eating so much meat, order the cheapest and smallest thing on aliexpress or amazon, waste fuel by driving to thr next shop that is like 3minutes of walk for a small grocery buy and a lot of other things. if the companies dont want to change then we need to force them to change. climate change is a real problem and sont caring about it is so egoistic
i'm going to ignore your comment by replying to it
the boy who cried wolf live action
he's a charlatan, its now obvious to anyone who has followed this whole episode. i hope his reputation sinks to the bottom as far as im concerned, i wouldn't ever buy a fucking tesla. fuck elon
bro if you think the community is done because fucking reddit says so on the front page lmao
his influence in crypto space is gradually falling
better not to be honest.
yep. tweets to pump it when it does fine all by itself and then tweets to dump it so it crashes to oblivion. oh well
i swear i do not own any baby doge ✋
people stil keep worshipping him. even there was a fucking hashtag in twitter that praises him and got so much popular.
i’m going to ignore him by replying to your comment on post about him. definitely not paying attention.
so ironic, an entire thread of "people are ignoring elon" being made twice within in a day or two.
we just need to stop with these posts in general. he’s living rent free in our heads lol. if we’re truly starting to ignore him we shouldn’t be posting about how he’s irrelevant now every damn day, that proves quite the opposite
you either die a troll or live long enough to see yourself become an even dumber troll.
>the “elon musk effect” nothing happens.
same, also his recent tweets were just meme and jokes. if he restarts some "serious" btc fud, we'll see if the statement relayed by op is correct.
to be honest, i do not think he impacts it as much as people say. virtually all the big gap ups had nothing to do with him and, for all his tweets on doge, the latest 10x appreciation started without him.
b word day with jack dorsey end of july
it is. it is
imho, any price reaction that is always followed by the opposite reaction in the exact same strength, is non-existent. this is just bot-traders that buy when musk tweets and sell minutes later. nothing that matters.
nah, his actions introduced people to cryptos mind the wrong mindset and for all the wrong reasons.
so... be front page? ![gif](emoteemo_pack_1dancing_wojak)
he probably act like patrick bateman did in american psycho.
these crops would not farm themselves fam.
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rudi, is that you?
it was a speculation so he and his friends could get rich(er). easy. he and they are holding one of the largest addresses.
i agree to what you say to a certain extent. there’s no way in the world elon was the only reason btc shot up, but if you look at incredibly stupid cryptos like dogecoin you can see his influence. dogecoin has a practically infinite supply, by the standards of finance it shouldn’t be worth pennies. for infinite supply you need ( theoretically infinite demand ) . he was able to bring a pretty large amount of demand to dogecoin which let it shoot up. and again you’re right ,he’s not the only reason btc went back down but he played a part in what happened after people saw his influence over cryptos like dogecoin
hate for hates sake. you’d do well in nazi germany.
so you’re asking for elon losing influence articles to start losing influence. ![gif](giphyxmf00anvbctzg)
no. opinions are like assholes man…
i wish that was in a smart contract.
there is a subset of the community who is very ready to throw money into every shitcoin they can because they feel like they are playing the odds. elon tweeting about any obscure shitcoin is a huge signal to buy for them. but even then it only went up much compared to the movement of doge in the past.
i dont see how vitalik came to that conclusion. which does not mean im saying its wrong because he certainly understands some things i do not. why is the most entertaining outcome the most likely?
when one begins to manipulate market and people are getting burnt, before long he becomes one of the most hated
let's be honest, did you actually order a tesla? lol
i’ve always seen him as a pretty archetypical “pop genius” figure focus grouped for appeal to 97-110 iq individuals. bread and circuses type stuff.
all i'm saying is that if i found out he owned a hollowed out volcano lair i would not be surprised...
but i need an object to point my anger other than myself for my own choices and my own investments! i digress, he is only as powerful as the market sentiment and the general investors give him... good thing that the retail gamblers ("investors") in the subreddit is gullible to a fault.
i hope it does for my portfolio. but i do not want him to do it.
>manipulating small people that's his game. he's a populist billionaire, not a scientist.
same here bought a model 3, read his biography but he proved he was a tool since the kids trapped in the cave in thailand. he thisplayed for the world to see how vain he was by trying to make this about him and then threw a tantrum when someone pointed his bullshit.
we dont know about that. we know tesla own 1.35b in btc but we have no idea how much elon musk got. lets not forget his personal net worth is at least as high as 25% of bitcoin market cap and 500% time higher than doge market cap. he could very well have a few billions in both of them.
if you think anybody on reddit reads more than the headline before commenting, oh boy, have i got news for you
"baby doge, doo doo doo" took the fucking cringe cake
so satisfying to see the price not moving. i honestly wonder how much he got in doge. he probably took so much money from his cult during the last few months.
ah, another narc whisperer 🥳
do you find something comical about my appearance when i am driving my automobile?
what this sub misses is a lot of that coin's most enormous pumps came after he had not tweeted for some time. including the most shocking first pump of the year, when it went from ~0.7c to ~5c. this sub loves simple stories, but the relationship between the tweets and the price has always been complicated, and often the price moves first and the tweets are a reaction to the price movement.
let's mourn the victims and not glorify the killer
all truth passes through three stages. first, it is ridiculed. second, it is violently opposed. third, it is accepted as being self-evident
shagging another man's mrs, pumping dumping thousands and thousands of regular folk into doge at 70c who did not have any interest in crypto in the first place. straight up arrogant and deceptive and incredibly immature.
not really, his complaints about btc not being green tanked the entire market.
like him or hate him, when he started accepting crypto for cars he persuaded a lot of other companies to follow his actions and further adoption.
i believe michael burry did, and just like he did in 2007 with the housing market, he will get laughed at and ridiculed, and lose a bunch of money in the process, but in the end, he will probably be the winner.
nope he was there for the money lmao, he doesn’t even begin to understand how most of cryptos work. he said tesla will accept btc again once it goes beyond 50% renewable energy, as of now its at 56%. watch as nothing happens.
yeah after he made it all dump, and took a week to correct his error, i was over it.
🤑shut the fuck up🤑
just write elon bad or something.
by planting space dust
rocketships, fancy electric cars with autopilot, space internet, etc. people are interested in things he says for reasons other than crypto, and he is happy to oblige.
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2025: elon musk found dead today in jailcell
well yeah i don’t think you can write a link as a college paper.
so the more you let people know he doesn’t matter the less people think about him?
dude without elon btc would not have hit 65k. it’s the biggest company on the planet. stop fighting the narrative. enjoy the ride.
yeah... everyone forgot about the whole pedo situation with the divers. elon is pretty much a rejected little kid in an adult body.
against celebrities if they speak negatively about their coin, love celebrities if they endorse them.
yes let us send something into space on mcafee's reusable rocket and procure internet out of nowhere utilizing his thousands of cracklink satellites
so, how long until the mcafee of 2021 reaches his own 2021 you reckon?
sadly, that is true too.
unfortunately that is true. i've been against celebrity endorsements since the beginning, it essentially gives too much power to them.
my favorite is when they call him “ down to earth”. you mean the mad lad goin to mars???
your parents do not own emerald mines in south africa?
he started doing that since gme
it’s always been weird to me that people deify this man. i think spacex and starlink are incredible, so i love his vision and how he’s the one leading the way to mars and giving the globe internet, finally releasing the death grip the monopolies have on it. tesla is pretty cool too. but that’s it. he’s an absolute dunce when it comes to everything else. you’d think him on rogan saying dumbass shit about covid and getting everyone back to work immediately, followed by “well that’s just my opinion” would have people realize he’s a dunce. but no. they still worship and eat his proverbial ass. billionaires are not like us. billionaires have screwed over millions of people to become billionaires with a profit at all costs mentality. they don’t give a shit about you but they’ll happily tell you what you want to hear so you give them your money. you can like what some of them do, you can even respect some of what they do, but god damnit stop worshipping these people.
they never will either. compare effective tax rates now vs the 1950’s. they’re in cahoots with government to make sure the system is rigged for them and they just keep stacking their chips.
lol my friend was a huge elon musk fan saying crap like "he is trying to make us all rich and help poverty he really cares". lol, or they believe bullcrap stories made up by their pr team with either straight lies.
exactly. they do not care. jeff bezos has not decided to end world hunger today. he could, and still be obscenely rich, but he would much rather go to space before branson. pfft.
you sound pitifully envious.
what if he : they already did this? should they have to do it again to prove a point?
many rich ppl have lived like that despite what you marxists think... we just live with social media now, and ppl like you think everyone had shit handed to them. elon just came from a well to do family and used his knowledge and resources to change the game. the resources are out there for you to do the same as well. no one is also telling you to have children when you can’t even afford to feed yourself. so why would elon bring his kid to file? people really do under what you leftists are trying to do and it’s getting old.
and there is doge fans who think their papa elon gonna save them. little do they know who owns biggest doge wallet that holds 30% of all doge supply.
i agree. to my mind musk influenced very little. he simply made predictions that were obvious to anyone with enough ability to do a bit of reading.
yeah, agreed. it'll fall a bit more imo before the next bull run to 80k.
they have to realise that being a good slave is not going to make you rich.
yeah, it is akin to rain on your wedding day.
the boy who cried *doge live action
100%. now onto the best “everyone ignores him as he painfully unravels” part.
he's a billionaire, they are all assholes and i trust none of them.
i love how more and more people can see the real him now, and start to pull the pedestal under him. man has been living off this fake hype for too long.
literally this. never buying a tesla in my life now, the guy can gtfo to mars for all i care.
lambos all the way when the bull run comes right?
i was dreaming of buying a tesla from crypto gains. it am not gonna happen. even. if i make crypto gains i rather wait for a neat electric car that is not tesla.
fuck elon but i don’t know about not buying a tesla lol.
not only because of elon, i wouldn't buy a tesla. tesla is a badly engineered car, put on a road with inadequate testing.
and bronson and bezos are beating him in the space race so ftw
he started a singer career in the matrix.
because elon's the crypto jesus. even if he says nothing of value, it magically gains value.
it's fkn hilarious, market has always been like this, long before elon and will continue long after him...people just want someone to blame
“when it smells like shit, it’s got to be shit.”
my doge heavy since december crypto portfolio begs to differ.
except way less charismatic and way less in shape
"oh my god, it even has the doge symbol"
moon formula: 1. "elon bad!" 2. ... 3. profit
>"look at what one billionaire can do with twitter. imagine a cartel of them?" i mean what could they do? set the ocean on fire?
the quote is from lex friedman not vitalik himself, my apologies if i didn’t make that clear. my take on it is like so: based on how social media is evolving novel interesting things have far more reach than anything else. that’s nothing new, even before the internet was what it is today viral videos where passed around on cd’s and the funnier (more novel and interesting) it was the more it was shared. not to get political but another parallel would be during the 2016 primary elections in the us donald trump was largely considered a joke candidate to start. in the early months he dominated the headlines because of how much of a joke it seemed that he was even running. his candidacy was both novel and interesting at the the time, and as a result that’s what people talked about. then when the crypro markets started to take off again this year a lot of people’s first introduction to any cryptocurrency other than “those bitcoins only used to buy drugs” came from an eccentric billionaire joking about a dog themed coin. it was the right mix of ridiculous and funny to get people interested that never would have considered investing in crypto otherwise, and at this point i’d wager the majority of people worldwide with access to the internet have at least heard of dogecoin. the premise of a dog themed coin being a widely used asset is ridiculous on face value, but the fact that it gets people talking about it makes it far more likely to come about.
because more people naturally pay more attention to what’s the most entertaining thing, and thus *create* the very outcome.
sounds like the outlook of someone with an iq over 110 amiright?
i love this community and this sub but the “musk is a loser” sentiment has the vibes of a middle school spat.
lol so you want doge to the moon, but do not want elon to hype it? i somewhat understand coz i have few doge
agreed they did it to themselves but i hate that all that scared money may not return to crypto. we shall see
yes sir. again love his electric ideas it’s the future of our generation for automobiles and solar energy but my goodness elon stay away from crytpos.
[jesus christ, i thought you were joking. ](
this was the largest automobile that i could afford.
thank you for saying this. this asshole was riding the coattails of the doge tidal wave, he was not fucking poseidon.
ah, yes, the ol' people who say those who are hoarding an absurd and economically unsustainable amount of wealth are not actually the bad guys!
this right here. elon killed the bull run of 2021.
elon bad edit: damn. you weren’t kidding
is it too late? elon bad
your comments worth about ’s a good idea lol
i agree with his sentiment. i do not know about having anymore posts about it after this one, but it is a signal to people on a popular platform that 'the popular sentiment is to ignore elon musk' and it is good to promote that sentiment. this is not the same as news outlets covering killer manifestos
no the goal is not to stop people thinking about him, the goal is to invalidate his input. he actually is not as smart as people believe, especially in the crypto space so for the market to ignore him is healthier for all.
such is life... sigh
not particularly keen on the big institutions either. they have a stupid amount of collateral and enough to turn the crypto market into another stock market for them to manipulate.
yea well i have been against celeb endorsements since before the beginning. why weren't you against it then huh? fake anti celeb empowerment person
surprisingly they do not.
my parents could not even afford pokemon emerald
no, we own diamond mines. emeralds are for plebs
him and his brother would sell their dad’s emeralds to jewelers as teens for fun:
i've been following tesla progress for a while to invest in and as much as there is to like about him there seems to be quite a bit to hate too. he definitely does not deserve to be deified by anyone.
that’s what happens when you’re rich enough to throw millions at pr firms to constantly clean up your reputation.
he's a salesman, and a brilliant one at that. creating hype is his talent. his businesses are all in things where he can spin a grand narrative. he creates a cult and a following, and this in turn creates sales and investment money. apple has this too, only musk's cult is centered around his person. it's what he does and how he made his billions.
how he took over tesla was extremely dirty. he did not invent that shit at all.
if anyone wants to be thissuaded of elon's supposed genius then just pop over to his twitter and have a read.
the thing i’m learning about elon is that he didn’t come up with all these ideas & implement them on his own. he didn’t invent electric vehicles; the technology was innovated by other much more capable & intelligent individuals. he simply bought the company. the problem with elon is he’s a legend in his own mind & that’s about it.
i want to point and laugh at your friend, nelson muntz style.
exactly... and idk why you are being downvoted for this. look at [notra dame]( “on april 15, 2019, a fire broke out at the notre-dame cathedral in paris, causing the roof and spire to collapse. french billionaires, wealthy families, and corporations rushed to pledge their money to rebuild the monument, amassing 850 million euros, worth about , in the proceeding days.” that’s nearly a billion dollars that was raised in a few days by a few people for a building. and those . i could end it in my county for way less. all schools start gardens. and teach classes on local edible plants. raise chicken. eggs are amazing. open a local food pantry that is open daily. can swap for fresh caught fish or wild game. take something. or stay and learn canning. every public land should be growing food right now... not being mowed for appearance. city service that goes to all restaurants and stores daily to pick up any unused food for the pantry. local sourcing is the answer. anyway… obviously it would take very little effort on the billionaire’s part to end world hunger. but just wait till the water shortage goes into full swing.
he has the resources to move large amounts of food into needy places ... and the platform. i mean there is smile on amazon... but christ that’s chump change. the least he could do is pay his employees a shit ton!! that
do you have any clue how much money it would take to end world hunger today?
only to the clueless.
that’s a load of crap. and you know it. only a moron would think that a poor uneducated kid with reading thisabilities that came from a broken an abusive home can end up like elon musk because “the resources are out there”. just stop.
that could be true but it was a choice, his parents were rich
so he was a bum for a while and chased his dream? lol mk ... but that’s not what i said. i said get a back breaking job that he has to drive across town to every day in a pos car and work 6 days a week ... come home dogs shit exhausted ... and then not be able to afford healthcare or daycare for his child… couch surfing at his brother’s with cadillac heath insurance policy is not even close.
a little too ironic, i really do think.
i think it is more like a free ride, when you've already paid
**strongest troll in cryptorealm after reading your comment.**
you're on the right path
yep, that is the bottom line. no billionaire is trustworthy, none. they are all sociopaths.
no honourable person has ever become a billionaire through their own actions. they exploit, inherit or deceive their way to that level of wealth. even if by chance you could argue they got their through moral means to horde that level of wealth is inherently unjust when there exists so much suffering and damage in the world that that level of wealth has the potential to undo.
this is the only correct take
he drank too much of his own cool aid. all he had to do was shut the fuck up and not tweet like an asshole all the time and people would still worship him.
true, that is satisfying! he's just such an insufferable prick
i think he is a dick, but i like teslas. i might buy one, it depends on what the competition is like at the time i decide to buy.
by the time i can afford one, there will be a variety of electric cars to choose from. but i’m really hopeful about his satellite internet project. brining internet service to rural areas would be a huge deal. educating rural red areas would go a long way to fix some of the issues we have now. plus allowing people to work from anywhere… so they can live in rural areas. i personally think that this one thing is the whole of the red. rural areas are isolated and very low information. and they vote that way. i also hope tesla is able to develop better and cheaper and lighter batteries ... elon is just an eccentric spoiled trust fund baby. but he has the money to pay for amazing talented people. that’s who i’m banking on .,
try asking anyone who has bought a tesla to see how many issues their car has had. but no owner will talk about about their car or the brand. it blows my mind. brand loyalty to the fullest.
why would anyone buy a car? you can’t service or repair yourself or at any independent repair shop. why would you buy a car? where you need to pay for a dlc update to activate features already installed on the car. like autopilot. why would you buy a car? you don’t really own. you can’t modify or tinker yourself. where tesla can remotely brick you car if it detects any unauthorized modifications.
i’m more of a dodge challenger guy. might bump into a tesla though lol
vw supposedly has electric vehicles soon to compete with tesla, market dynamics so far have allow the company to put out bad product but they’ll be forced to compete soon
cool who gives a shit
...in what ways are blue origin and virgin galactic beating spacex?
last market cycle it was john mcafee, this one's elon. anyone up to make a prediction contest on who's gonna be the next one, written with a smart contract?
“kinda tastes like shit. you sell these?”
oh yeah for sure, i meant that he probably imitate him.
the flaw with this idea is that the outcome is ultimately costrained to the tokenomics and gametheory of the coin. let's say i make a coin that over the long run every single coin ends up being sent back to my personal wallet, yet it is marketted successfully with memes and gains mass adoption. just because people like it or do not understand the end game, that does not mean it would not crash and burn in the long run, in fact in my example it is inevitable, nothing can stop it is failure. it does not matter who much people like a coin if it gets hacked by some fatal vulnerability either.
i figure the same spirit of my outlook would be shared by any pragmatic individual who isn’t particularly compelled by insubstantial pop icons nor their sanctioned eccentricities. we don’t really live in an age where any great heros are as prolific in media as musk. i might suggest directing your hopeful outlook to pursuits that might actually make a difference on a personal and coherently social level, rather than publicly shilling the credentials and potential of a man that - let’s be plainly honest - will probably have no material effect on your life or those of whom you care about. every once in a while on this topic, there is a sincere white knight for this guy. he’s a television character. the opaque human interest intrigue concealing the myopic and amoral tendencies of american industry, finance, and regulation. a court jester mocking your political rituals. and, this opinion began formulation within my own psyche when i learned musk’s company is only profitable because of his grifting off of a carbon credit system - owing the majority of his net worth essentially to a regulatory hurdle tailor made to make room for his ostensible business model to the benefit of nobody but himself and his associates by any metric real or imagined. years ago, that was.
yep, it is what it is. someone gotta blame someone other than themselves for the investments, y'know?
correct. i do not believe one man should have this much power.
*elon's a shill, doo doo doo*
yes. the problem is the truth behind the pump is probably even more unhappy from the sub's perspective. the truth is there is something about robinhood users that right from the date doge listed has caused them to buy this coin. musk reacted to and accelerated this trend, but he did not cause it. we know he did not cause it because the inflows were already extremely substantial before he ever made any comment about this coin. what i want to know is this trend something which is localized to robinhood users. or is it some feature of "normie" users that would hold even if robinhood-style apps spread to other countries.
i do not think 1 person killed the bull run. the market was over bought. it had to come down and reset. you guys give that fool too much credit.
damn, how can you walk in here with those big balls of yours and dropping that phrase at sunday morning.
how do i wire you btc directly for blowing my god damn mind?
i gotta try this.
elon bad. there we go. reddit do your thing
holy shit. platinum for this?
elon cunt. surely this sentiment is closer to the peoples hearts
elon worse than bad!
you forgot, "or something"
wait what? elon musk is the most evil person in history. working at amazon is more dignified than working at one of his child labour salve plants. am i did this right?
i wanna try!!!! elon bad
elon *baaaad.* &nbsp; am i doing this right?
let me try! ... elon bad ...(*waits patiently*)
elon bad or something
this is fucking ridiculous lmao
lemme try elon bad
beon lad. did i do it
how can you say something so brave yet so controversial?
what would be really hilarious would be if i said all someone needs to say is “this” & then someone replies to me saying this and that shit explodes w awards as well 😩 perhaps i’ve broken down the fourth wall too much but - let reddit decide
let me try this then: guys... elons bad very very bad
elon really bad… fingers and toes crossed
hang on let me try… elon bad
elon? more like badlon am i right?
after this one? it gets posted almost every day. why is this one special?
who cares if he is smart or not? he owns the most valuable company on the planet. he has major influence on narrative... narrative is a huge driver of demand in crypto. the whining about elon is far worse than elon himself. the mining council just reported greater than 50% renewable sourced energy and elon is probably going to pump bitcoin through the roof when he follows through on his promise. i doubt you'll be complaining.
institutions will ruin things , they always do , and hedge funds are worst .
i have been against celebrities in all matters for my whole life. such a stupid concept. people must stop worshipping them.
you guys have parents?
and i'm sitting on my parents basement and wondering when i'm gonna be rich. fuck.
lol i was telling him the whole time elon musk shows persona and is a sale man that is not who he is. no thisrespect to elon or trying to thiscredit him but he is not some tony stark. i feel like most elon musk fans do not actually know what they are talking about.
i'm in agreement with that. it's okay, if i wanted to win a popularity contest amongst a bunch of sychophants, i'd start a parler account. the truth is rarely popular.
the conditions working for amazon sound atrocious, from media reports. people must be truly desperate for cash to work for such an allegedly abusive company.
do you? estimates say . bezos is worth .3 billion... so yeah
look at appharvest vertical farms and new agricultural tech. it is definitely possible.
that’s a really lame comeback. thought you should know.
it's like raaaiiinnn!! on your wedddingg daayy!!! er wait...
what in the fuck is this... is this elon's final form if we do not get him back to his home planet? or if you feed him after midnight?
>no honourable person has ever become a billionaire through their own actions. billionaires are the public face of financial cabals, intel agencies, and organized crime.
any business leader relys on others to make them successful. all the people work hard and 1 person reaps the rewards its fucked.
what about oprah and vitalik?
imagine you earned : that is a ridiculous salary, considering (the median us salary is ~) you would have to work nonstop for 1,000 years on a . or, as you said, exploit and deceive your way there!
so does this dumbass thesis end right at a billion? like a penny before?
lmao this website is a joke. seriously, who upvotes this garbage?
tell that to vitalik
you literally repeat this line from other people who have repeated this line and so forth. i always have to ask myself: who the fuck did you get this line from?
i'll remember that when you hodl your way to a billion dollars with crypto. good luck being an insufferable prick with all your crypto fortunes.
nah, it was all orchestrated. his twitter guy persona saved the company. many many debt financing rounds were of extreme importance. if he was not able to pay off each round by increasing the share price, tesla dies. selling ev credits kept him afloat, regardless of whatever he says. and autopilot is a sham, if you tie add up all his statements that did not happen its obvious what he is not sure why the sec was so mild on him either. lying to pump your stock price is pretty bad. anyways i'm glad the sheen is wearing off.
only the model s—- the other ones are butt plugs on wheels.
exactly, so many nice companies getting into it. i only care about the tech. daddy needs new toys.
check out the prices lol
tesla is like the absolute worst of consumerism, commodity fetishism and manufactured obsolescence brought to the automotive industry. why anyone that is into decentralised finance would be into centralised monopolised car repair and revoking all rights and autonomy over what you do with your own car is beyond me.
who cares? more importantly why do you care what people buy?
i agree. tesla just decided to test edge cases on its consumers, killing few in the process. respected and well established brands on the other hand, took a standardized route to engineer their electric vehicles, which logically takes longer. as soon as they hit the market, tesla will have two options. or they will up their game, or be forced off the market.
who asked you? between me and the other comment that is 2 people who care and then, well, whatever you are...
1st to put civilians in orbit. other than that you're correct, spacex blows them all put of the water.
*will absolutely have a material effect on my life and those whom i care about. i’m launching a crypto project and i need the public sentiment on musk to turn around because one of our big marketing plays is directed at him and tesla. so yeah, i’m looking for positives with not entirely altruistic intentions.
also, per the grifting comment. who cares? who cares if there are subsidies for him to profit off of. tesla led the charge to electric vehicles and now major manufacturers are following suit. who cares why we got there, all that matters is that...we are here and it is in large part due to tesla and inevitably musk.
it's the most accessible coin robinhood offers. by that i mean it is inexpensive and has a big friendly dog face on the tin. if it was a breakfast cereal, the kids would love it.
elon did a 180 on tesla bitcoin, tanking bitcoin, tanking the market. yes it was all teetering all the while, but this fool dropped the first domino
you couldn’t just follow the instructions. huh
it's too early and too sunday for this shit
exactly wtf right? lmao
if moons thistribution rate is stil .2 then you’ll get 860+ from this comment and moons are worth 6¢ each but tbh with the lack of activity during the bear market this month, thistribution could be .3+ making it a -70 comment yay you!
yeah i dont understand why people care about them at all. i got my own life and they dont care about me at all, so why should i?
i bet elon's parents refer to their employees as slavecoins coins do not have lungs, coins better word than human.
yes. and what’s worse is it pays . so it is double what minimum wage pays in many states. but this is far from “good” pay. it’s pathetic. it’s time to raise the minimum wage. substantially. and have maternity leave and worker protections. and if a company wants you to have a skill ... it’s time the company pay for that training. enough of this crap. i’m hoping covid has changed people’s views on frivolous spending and buying useless crap. shop at thrift stores.
money is not the problem, logistics are. we already produce and waste way more food than globally needed. they cannot end world hunger just like that...
so bezos sells his stock and his employees lose their jobs and have no jobs and go hungry and…?
the federal reserve has printed trillions in the past few years.
your opinion is far from a fact. just thought i’d educate you. you’re welcome.
(looks at downvotes), yes they are automatically unredeemable!
the new american bar.
it's a free riiiiidddeeeeee!!! when you've already paid!!!!!!!! xd
there are many trolls similar to this one in crypto realm. let me introduce you to elonroll. ![gif](emoteemo_pack_1dancing_wojak)
look into oprah. vitalik is just musk in stage 1. he needs to sell the appearance because his wealth is tied to eth. if people hate him, less eth and less being a billionaire. eventually, they all show their hands.
billionaires get their money from the stocks, not from their salary, if they want to use the money they need to sell part of their company. elon does not have billions sitting on his bank account.
all the way up until saint bernie becomes a billionaire, of course. as is tradition.
it ends when you have more wealth than you would conceivably ever need in your life to live comfortably. so somewhere in the tens of millions justifying that degree of wealth becomes difficult. it's already impossible by the time you reach one billion.
people who aren’t idiots
ok, i would but i've never met him.
it's not a quote if that is what you're asking. i do not repeat it with a verbatim quote. it's just a belief, i do not know who had it first and i'm not sure why it matters or why you're so aggressively interrogating for an answer. saying i just repeat it does not make it any less true than thismissing someone explaining gravity as "literally repeating this line from other people". essentially it is a thistillation of the fundamentals of socialist philosophy, that capital and exploitation of workers is the only path to that degree of wealth.
you're fucking deluded if you think the ~. and if it did yeah i would be an insufferable prick to hold onto a fortune of that size, you're right. maybe i would because the wealth would corrupt me morally but the fact remains that to hold that much wealth for no material gain and just for ego while it can save lives is inherently immoral.
makes sense to me. also, the sec works for the rich, regardless of what anyone else tells you.
in my experience people will rattle off a litany of awful experiences with customer service and build quality but then praise the car anyway. they just overlook the faults because they have bought into the brand and the identity, they cannot concede that it may not have been a great choice because it is not just a product anymore but they have made it part of who they are. i think they have managed to curate and persuade a very specific kind of person to buy their vehicles that are fiercely loyal despite any objective assessment of the product. it's much the same brand loyalty you see many apple owners have.
and you and your ilk are the very worst of fetishism as well. you posture yourself as the anti-elon but spend so much energy on him. it’s strange.
what a way to take part in a thiscussion! smh
for the hottest inter billionaire drama that will never affect you, tune into 4twenty
while the immediacy with which you’ve offered your honest intentions in endorsing the man can be commended on some level, i don’t think there’s much more that needs to be said on my end.
still unprofitably, and still without any material benefit to any aspect of the environment - by some evaluations, actually a detriment. so the grift is multi factorial - both his grifting off of government regulations, and the government grifting these opportunities for gerrymandering public funds and focus off the a political will over “climate change” that is so insipid that it would condone blank checks for nothing more than nice words and facile simulacra of innovation.
i think this makes a lot of sense. somehow we understand that when it comes to products in real life branding is extremely important, but forget the power of branding when it comes to crypto.
fuck. ape brain. bad elon. sorry
to 4th of july for this shit, atleast in america
i don’t think we did too well haha
i am a celebrity but nobody knows me :(
it’s because his basement is so small, he cant fit into it. once he’s rich, he’ll move into a large house with a basement he can sit “in”.
so if i pay shipping i get the food for free? lmao no ... logistics is not the issue. sourcing is. why they hell are tomatoes being shipped from all across the country to the south? why are eggs being shipped at all? why are there not community gardens everywhere? schools especially? with “logistics” come preserved food. can you tell me who exactly has all this food sitting and just can’t get it shipped? the biggest problem in rural areas and inner cities is that all the food in nonperishable. very unhealthy. and it’s being artificially subsidized. just knock it off. quit subsidizing corn and rice. use that money to invest in poor companies..., chicken farm... vegetable gardens … fresh vegetables everywhere... teach vertical gardening ... packaging and shipping food all over is a piss poor answer.
you seem to think amazon margins are so low that a little stock sale would mean layoffs. bezos is basically a dragon sitting on a huge pile of gold that he has hoarded. how does having 191 billion instead of 198 billion equal layoffs? while we’re at it, he needs to pay the people who have the jobs more money so that they don’t need food stamps to feed their families. not only do guys like bezos not solve world hunger, they make us taxpayers supplement their employees so that they don’t starve.
what’s your point? that will make grocery more expensive.
good god... i've only just woken up and think i've had enough internet for today already! haha
or you could just be a normal person with an idea that got took off really well. seems like you're projecting man
you should focus more on improving your own life rather than concerning yourself with what others are doing that does not affect you. i'm sure you've convinced yourself jeff bezos affects your life, but he does not.
on the contrary, half-backed reddit marxists
it's a belief repeated ad nauseam by socialists on reddit and you're just parroting other people. gravity is science. it's quantifiable. "no honourable person has ever become a billionaire through their own actions" is not.
not so great then.
yes. same loyalty as apple customers for sure!
i think the inflow of nasdaq &p cash has helped a lot. the first off the line were complete jokes but they have gotten so much stupid money (they can borrow) it has improved. the plaid is cool, fuck elon and 650b for a luxury car brand is gross
haha the mark wahlberg syndrom!! (or of his role in ‚the other guys‘) i have to say though, i find the assessment and opinion he brings to the table about tesla actually very interesting and worth to think more about it...
i really do not spend any time on him lmao. all i do is occasionally type out a comment calling people on their bullshit when they fawn over him.
ha! that might be true if i believed that my opinions would differ sans the ulterior motives. i don’t believe that though. the musk hate made very little sense to me before i had these motives too.
by what evaluations is the move to electric vehicles a detriment? not being sarcastic, i’m genuinely curious. i’ve heard it mentioned before but i’ve yet to see any actual data and i’ve always chalked it up to fud from the deep pockets of the industries musk has thisrupted.
and too 4th of july. america! fuck yeah!
fuckin rock and roll damn right
i think you're being a little too idealistic. put up a community garden in the hood or in a school and see it in thisarray after a week. also good luck with your garden in the winter.
why is world hunger bezos’ problem? is he responsible for it? where’s your source that ? the us government could budget that easily rather than aid to israel and other countries that don’t need it.
why do your types always point to people like bezos when there are power brokers printing trillions out of thin air? if you want to know why amazon is worth so much look to the fed.
do you know how many areas don’t have internet that would support that or the ability to do it? i do work online from home now. i also recognize my privilege. i received a first rate primary education. this gave me the foundation. when working with the public i was astonished to see how many young people have zero computer skills. many have little to no education. some people just really aren’t that smart. i used to spend and exorbitant amount of time trying to help people find a document on their computer and upload it to me. this often started with “what’s a browser?” you are bold to assume everyone is as capable as you are. someone has to do them. and they should be treated fairly. the whole idea you are projecting is that labor’s are just being lazy ... just learn to code. seriously go talk to laborers. i’m not saying they are all low iq... but they aren’t capable of the things you are talking about.
your statement is a meaningless and applies to most billionaires. many billionaires start out as regular guys with an idea then eventually they are not. so what was your point? if you want to kiss the ass of a billionaire go ahead, they do not care about you. the irony is that we are in a thread about a guy where all you ass kissers were praising and yet here we are.
>you should focus more on improving your own life rather than concerning yourself with what others are doing that does not affect you. first of all i am primarily concerned with improving my own life. i devote very little time or thought to giving a fuck about the mega rich. second of all you're absolutely delusional if you think the lives and actions of the mega rich do not affect us, if that is what you actually think then i cannot help you with that. it's such a deep level of ignorance i do not have the time or patience to attempt to debate with here. >i'm sure you've convinced yourself jeff bezos affects your life, but he does not. on a personal level? no. on a societal level and as part of a community his actions influence greatly? yes.
of course. you come off as sooo intelligent
you still have not demonstrated why something being repeated makes it wrong. sure gravity has a scientific basis to it, but asserting that something is wrong because it is a repeated refrain does not make it true. if i was the first person to say something obscure it does not make it true and being the millionth person to reiterate a point does not make the point untrue. it seems like you're attempting to project the idea that because it is repeated often it means it is part of some cult mentality, because you'd prefer to thismiss the idea on the basis of people saying it being "crazy" rather than assessing the statement on its actual merits and the basis upon which many people have reached that conclusion and are in agreement.
most here hate him because of economic incentive and attempt to rationalize otherwise. you seem to be doing the same in reverse (de facto you can not react to the “musk hate” in such a way before there was any to begin with). i just explained the rational case to thisregard such people, and the general thrust of it applies to any commonly worshipped or defamed public figure you see on your television screen or google news app.
well where exactly are you prepared to pick up the conversation? give me some insight into how much research you’ve actually done into this topic that so highly appraises this man such that you’d run to his public defense on account of it. i’ll get it started. the thesis on electric vehicles is that the process of running a charge through a circuit produces less carbon emission than a combustion engine’s petroleum conflagration. now you tell me how far you got into the “fud” you read about electric vehicles’ ecological impact so i can get a sense of where you are besides a vague sense of slightly defensive skepticism. as for as thisruption, dollar for dollar the government actually thisrupted the industry more than musk. and still to no material ecological benefit.
4th of july in europe confirmed.
it's independence day, not elondependence day.
the estimates vary but it’s more the idea that one person can have so much money(more than anyone could conceivably spend in their lifetime), pay so little in taxes, and not have the desire or will to literally solve any of society’s issues. bezos just donates to his own climate change nonprofit which invests in (so far) the richest nonprofits which are going to largely burn his money with bloated budgets and bureaucracy. anyway, we’re just fundamentally not going to agree on anything here and that’s fine. have a nice day and best of luck with your investments
cool ... tax bezos ., done!!
it’s not just amazon. they are just riding the coattails of all the other corporations that laid the groundwork to raid the resources in the us. corporations are not people. they should be held accountable for contributing to the resources they use. they also have a social responsibility. it’s time to end citizens united and bring back the fairness doctrine and revive unions. feel free to not participate. no one cares.
blindly hating another person for not solving all the world's problems overnight because they have a hypothetical billion dollars is unproductive as worshiping them because of their wealth.
says the guy crying about people with money boohoohoo
i do not have to demonstrate it is wrong. the burden of proof on you to prove it is right. that's how that works. given that is has not been proven right, and it is basically impossible to prove given that billionaires are individuals and you would have to demonstrate that every billionaire has sinister intentions, this oft-repeated phrase is just a circle jerk.
i got as far as: “the process of running a charge through a circuit produces less carbon emission than a combustion engine’s petroleum conflagration.“ this has been a commonly held belief for a while, no? are you saying that there is evidence to the contrary?
it's a celebration bitches
it’s difficult to explain how a society works to a sociopath. you tried! but bezos whole business model rests on the infrastructure that was built and paid for by the american people. yes ... he owes a debt. i’d be happy if his effective tax rate was the same as mine.
you know the 1% pays nearly half of total income tax revenue right?
what resources are we running out of?
5 years to learn excel spreadsheets? someone will starve. so how much “invested time” (there goes you pretending that laborers are lazy) do you think it would take a week for a near illiterate labor to be able to actually get a job coding? now remember... these people that you keep projecting as lazy ... already work 50-60 hours a week and have a commute ... and then other responsibilities... like grocery shopping laundry house cleaning lawn care... sure!! lol i’m thinking you are claiming that someone can learn coding on their smart phone? lol and lucky for you to live in a country that has good internet. what i said was people can’t access it as in it’s not available. the fact that you can’t even comprehend people that wouldn’t be unable to do this screams about how privileged you are. here when school was closed... the school had to send buses with wi-fi out in areas that do not have it. we could not even carry out remote learning where i live. once you leave the city ... there is a sharp drop in resources, iq, education, heathcare ... and it’s the same for the inner city. you are so wayover estimating the intelligence of the average person. and bottom line, someone has to do these jobs. you’re pretending like people are only doing them because they want too. this is not the case... for a few, maybe. good for you for teaching your mom, i teach these things to hundreds of people a year. and i can assure you ... for many people it is a massive undertaking and do you expecting people who are barely literate to become an autodidact encoding python. so i’m betting your mom already had basic reading skills? tell you what, go find a laborer and explain all this to them see what happens and get back to me. i’m not saying it’s completely impossible for every single laborer... i’m saying it’s a hell of a lot more difficult and time consuming than you are proposing. and many many people don’t have the capability or the resources or the actual physical time.
nice strawman there. i am not sure how you think i expect or want billionaires to solve problems. i do not blindly hate anyone, not even your lord and savior vitalik. i do not hate him, let me make it easier for you to understand. musk used to be popular and well-loved, he was pulling the same benevolent billionaire that redditors like yourself eat up then what happen? it all changed.
what an intelligent response
it’s not a belief, it’s a reality. it’s also not the only relevant fact. i asked you a question as to exactly how many “relevant facts” you know about this topic, given people have offered you information several times before (according to you). i’ll give you a clue, there’s something to do with manufacturing.
ok guys, i think we all know what countries have gang violence and high crime rate by doing a little google searching. there has been enough thiscussion about that stuff in this particular thread. the point of bitcoin and cryptocurrencies in general is allow for one's own economic prosperity and to create (at least for bitcoin) an undebasable and non-manipulatable asset. i am also willing to wager that this move from nayib bukele may be a factor that reduces future violence and crime in el salvador. edit: as someone else in this thread has mentioned already, this move may also have been made to dodge sanctions that the biden administration is considering putting on guatemala, el salvador, and honduras altogether - edit 2: like it or not, it seems as though this might have started a trend -
so…if i had millions in crypto, could i move there, cash out, and pay less taxes to the usa, or would i have to revoke citizenship? edit: if i ever become crypto rich, i'll just get a good cpa to try to keep as much of my money as i can. thanks, everyone!
so, basically he wants to create a tax haven to attract capital.
is he hoping to turn el salvador into a tech hub? no capital gains could mean a lot of money in taxes left on the table.
the problem for us citizens is we are forced to pay taxes worldwide and when you renounce citizenship there is some sort of exit tax.
seems like a few boaters might settle in el salvador
i kinda get the impression this guy is doing it for himself... even so, there is plenty of tax havens the average crypto entrepreneur would move before el salvador.
yeah i have a lot of co workers from el salvador and let’s just say...no one wants to be there. i rather pay capital gains.
reading through these comments wondering how many people have actually been to el salvador or read anything about it. i’ve visited and let’s just say have no desire to go back. imagine parking your car and needing to pay some random guy lurking around for the privilege (even though parking is free) because if you don’t the gang will come after you.
on the off chance that you do not travel... putting this in simpler terms: permanent residency is usually handed off to people who spend 5-10 years in a country for a lot of countries. i'm a foreigner in the country where i live now. the president of el salvador is very serious about attracting crypto talent to his country. edit: from what i have read here - if you are american and you want to get a permanent residence in el salvador, you will likely need to stay in the country at least three years first -
so he want to be cayman island but in cripto modern problem required modern solution i guess
theres no "e" on the end of el salvador.
mcaffee would love this
all the poor people, running out of el salvador due to cartels, gangs and corrupt government. but sure crypto investors will flock to a corrupt country to avoid paying taxes, but loose their life maybe?🤔 nah!! i'm good!!
5 years from now: president of el salvador announces a surprise implementation of 50% capital gains on crypto, plus a 10% retroactive balance fee for any new citizens wishing to remain in the country; those attempting to flee the country will be penalized an additional 20%.
such a good idea considering 20% of el salvador gdp is from foreign workers sending money back to their families in el salvador (might be outdated % but it is huge nonetheless). btc just streamlines this process massively - families could have the same access to funds as the foreign worker through a shared wallet, or even if they used separate wallets, transfers are totally streamlined. great country to take the first step
why do i have a bad feeling about this?
"we are programmed to receive. you can check-out any time you like, but you can never leave! "
smells like a trap to me... what's the catch?
in el salvador you do not need proof of work, you just need proof of life.
define a crypto entrepreneur
it’s time to gentrify el salvador bois
some people hate the irs so much that they will blind themselves to the reality of being an el salvadoran citizen it isn’t a nice or glamorous life. they have a per capita murder rate 7 times higher than the us despite a population roughly 1. gang rivalry and the subsequent violence permeate every layer of el salvadoran society, and is a large reason many el salvadorans try to flee to the us. reading this thread makes me laugh, the fools here thinking the irs is the biggest crook they’ve ever seen and then thinking falling under the ersatz authority of ms13 would be preferable. some articles describe el salvador as “the worlds most dangerous place that is not a warzone”. not to mention, the country is absolutely riddled with corruption. with the irs, you can always know where you stand, and how much you will owe. in el salvador, you may know your *official* tax rate, but good luck predicting how much you’re going to have to pay in protection racket fees and bribes. el salvador might not be the last country on earth i’d choose to put any money in to, but it’s definitely languishing near the bottom of that list. if someone is seriously considering renouncing us citizenship to settle in el salvador, make *real damn sure* you do your homework. there’s a reason people try to flee that place.
i'm all for greater adoption and i hope the president's heart is in the right place. but el salvador does have a number of problems everything from high rates of poverty, to inequality, unemployment, high rates of school drop-outs, dysfunctional family structures, easy access to arms, alcohol and drugs among other things. is all of this bitcoin and investment related news simply to detract from bigger issues or is it part of an ongoing list of measures to improve el salvador as a place to live i would really like to know.
hell yeah! plenty of poor people whose labor you can exploit for a dollar a month without those pesky laws getting in the way.
calling it now, the u.s. will spontaneously start caring about crime and corruption in el salvador and will feel strongly compelled to "liberate" the people from their democratically elected 'dictator'.
could not pay me to move to el salvador
is this the new cayman islands?
nothing to lose for that country. imagine if haiti did it.
# b u l l i s h ' ![gif](giphyquspxi6va6scge0pb7)
time to open a salvadoran crypto account...
no capital tax is a huge step. wish more countries implement that
this guy is serious as fuck! he saw an opportunity and took it.
this is a win. the entrepreneurs will most likely build homes there and "officially" move there to avoid taxes on crypto investments + most likely contribute to the country in alot of ways. most likely they will get alot of benefits... inofficially most of them are still us citizens and i do not think you have to renounce your citizenship to move abroad. as a citizen they can still travel to and stay in us for as long as possible. meaning they could still own a house in us and "inofficially" live there, but "work" in el salvador and pay taxes there. i'm not a us citizen but i fail to see how they would be any different from other countries. most of these tax havens used to be poor countries with rampant crime until they became havens for ultra rich people and with the benefit & help from these people they turned the countries around. the next 10 years for el salvador will be very interesting to follow.
i said it before, and i'll say it again: el salvador adopting bitcion as a legal currency is a small step for bitcoin, but a giant leap for el salvador. it's going to improve the quality of life of that country in so many levels...
well it starts right here people crazy times ahead
if it happens, i am packing to el salvador👍🏿
so, we all should move to s. salvador?
many comments out here trashing the security situation in el salvador (which are valid complaints)... but if you are a wealthy crypto investor, you could probably simply contract private security for when you leave your house. i would think it would not be that big of a deal if you are wealthy and are not making enemies with the cartels and gangs.
el salvador about to be gentrified 🤣
i am a salvadoran born in usa. i have family still living in el salvador. the violence and gangs were a big deal there but with this new president he has been cracking down. word from my family is that things have gotten a lot safer since this president took office. el salvador is a very beautiful place with great beaches and scenery. the president wants to turns things around for the country that is tiny and was always considered weak by other latin countries. i believe that bukele believes this is a great way to grow the salvadoran economy and its presence globally as a powerful economy rather than a crime infested piece of land.
i did not realize that it meant no taxes that could be huge for any new crypto related startups
i do want to celebrate this but the corruption is a huge issue. i got goosebumps at the announcement from the presenter on stage but there are serious dark problems there that are not about decentralization quite the opposite.
sounds tempting but is not he corrupted?
ahhh isn’t el salvador the place where they have the m13 gangs and one of the highest crime?
as a savadorian i just gotta make this clear to anyone that has not done thier research on el salvador and its current president and politics. nabi bukele is basically a dictator, is he good or bad well time will tell. if bukele stays in power expect the usa to cut relationships with el salvador (kind of like cuba situation). so yeah do your research before heading to el salvador and saying goodbye to usa citizenship.
if i was making a living trading crypto i’d seriously consider the opportunity. having access to world class breaks while holding onto my earnings sounds like a dream.
i'm hodling .1btc, when does my green card arrive?
🤔 anyone have recommendation for an all inclusive resort in el salvador? 😏
i clearly need to buy more crypto before it’s too late
yep... it is going to be time to go to surf city!!
i dont know where is that place but huge props to him
what's the process to move here
si muy delicioso. donde esta la bibliotecca?
daaamn and here i was thinking i was going to move to puerto rico in 10 years
time to pack my bags to el salvador, apparently.
el salvadore out america'ing america. fuck.
imagine having free reign to travel to any latam country as a citizen of a latam country. it’s open borders for latam citizens like europe is open borders for european citizens.
i am moving there, packing my bags as we speak 🚀😎
well i guess it’s good timing as my mother just bought a house there.
he'd like to sell you all a permanent chance at the opportunity to have access to hinfreds of shared holiday homes, for just your wallet being transferred to a secure government backed crypto wallet, no no the country with no civil freedoms is offering civil freedoms to people with crypto. excuse my cynicism.
this great news and proof that crypto is the future
reading at the feedback from expats, it does not look half bad. apparently security issues are localised, and if you avoid specific areas you should be fine. a bit like in the us, where you wouldn't do your jogging in a ghetto.
no tax to pay to the government instead most likely a tax to pay to the local cartel so you don’t die
lol well this doesn’t sound nefarious in any way.
nice so i can basically live tax free in a fortified castle a la john mcafee never venture out without a gun, bulletproof veichle and armed retinue and just have my assistant ferry cheap coke and hookers in. i could make that work.
i wish them luck, hopefully this is the start fo good things for the country
absolutely incredible bold move by el salvadore! i hope it pays off!
as a canadian, i can’t help but laugh at all the americans clutching their pearls about the gangs and high gun crime in el salvador. you know you americans are caught from the exact same cloth, right?
god bless this man!
it sounds like he wants the criminals in el salvador to launder their money through bitcoin to help introduce the dirty money that exists there into the system to help the economy if you listen to what he said.
i love this guy! probably be reading about him in the obituaries soon tho... he is speaking too much truth.
what's their guidelines for qualifying as an entrepreneur? i've invested in many projects that have tanked, somewhat like a shit angel investor.
expect a lot of crypto registrations and crypto investments coming from and going into el salvador 🙂
despite his reputation of whatever people might come to think of him, this a huge step for the mainstream adoption of crypto, and it could lead to a snowball effect of other countries joining in. kudos to nayib.
![gif](giphyyhlzfafx04fyy) time to start packing.
the problem with many latin american countries is their politics pendulum back and forth between extremes. today el salvador is a tax haven for crypto-millionaires : tomorrow, your mansion and all your land is divided up in a peasant rebellion.
serious question. why not?
i wouldn't take this offer. its going to end badly for you. they will get people to go down there and do all the work then use gov't power to take over your equipment and money. tale as old a time. nothing is free in life. there is always a ploy or plot behind anyone giving you something for free.
yah fuckin' right. i know what goes on in el salvador yall can move there if you wanna star in a cartel video
we should expect this trend to continue. especially in countries that rely heavily on the us dollar rather than their own national currency. all the money printing hurts them a lot more since they do not receive the stimulus or direct benefit from the increased spend
great so now bitcoin has 2 uses. ' 1 moving money illicitly. 2 helping evil governments dodge international sanctions.
he's trying to pull a smooth brain drain! the dude is literally betting his whole country on crypto. hold my beer, i need to go buy more crypto.
[this piece of the article]( has a good opinion about the positive effect of this on salvadorans, the crypto community and the btc price in general. this might be a new era in this digital age they opinioned.
how much crypto do i have to own to gain residence? i want some dual-citizenship!
what about the highest crime rate in the world?
not to be a debbie downer but this country has the highest rate of homicide in the world. when compared with the us that every one already deems "so unsafe" 🙄 they have only 2% the population of the us and over 300% more murders... that's corruption at its absolute worst... it is near double the rate of venezuela.
huh a corrupt politician and a narco infested nation that is barely recovering from an economic collapse, what can possibly go wrong? this announcement definitely skyrocketed bitcoin to the moon!!!! red is good right?!!
just how selfish are you people? your own selfish interests take precedence over the facts of course. he is only doing this because he is facing potential economic sanctions due to several cases of corruption among high ranking members of his cabinet and because he illegally replaced the members of the supreme court with judges handpicked by him. this is just a way to work around those incoming sanctions and also to remain popular in social media. edit: [reuters link]( from 05.
are we all moving to el salvador?
anthony pompliano called this shit a long time ago. he said the smaller economy countries would hitch wagons to btc in order to ride out the fall of the usd. it has begun. central bank balance sheets will cave and buy eventually.
lol who wants to live there. murder town. fuck that shit. a developing country wanting attention. doesn’t mean shit.
become crypto entrepreneur. move to el salvador. get rich. get robbed. become poor. hustle your way to the top again. rob some idiot crypto gringo who just moved to el salvador. get the f-k out of el salvador!
ms13 about to transform
he's turning el salvador into 'cayman islands.' bold move.
wow. i just read over the first 30 comments and see tons of opinions and false facts. folks, let’s be real for a minute. if you’re in a position where you can save six figures or more on taxes, are you really looking at reddit for advice. no. we have people for that.
ummm, is not el salvador super dangerous to live in? last time i read about it anyway. probably would steer clear if i were anywhere close to a crypto "entrepreneur"
![gif](giphyyhlzfafx04fyy) headed to el salvador!
this is amazing for el salvador. they are become global leaders in the crypto domain.
forward thinking. for all those criticing him, well fuck you.
well, i guess im moving to el salvador
who says bitcoin cannot be manipulated? take a good look at what elon musk is doing. it's either reckless or manipulative.
his picture with the red eyes lmao it is a bit cringe
can you pay ransom to ms 13 in bitcoin?
my god you people would pat hitler on the back for accepting bitcoin.
what is the cost of living in el salvador and is the crime rate bad
yeah those el salvador green cards are highly coveted.
good cuz the rest of el salvador is riddled with crime and violence
amazing if in the next 25-30 years el salvador completely turns around and becomes more like singapore or something.
bruuuuh, pls let this not fuckup
dude i love it. i mean except for the fact that if you bought it while a us resident you’d still owe the irs taxes...
definitely a good idea to brush up on crime rate statistics before moving
shoutout the sheltered rich kids who think you can just move to a nation america exploited for 50 years and not have a target on your back. rich american tech kid in el salvador, good luck lol
this could potentially skyrocket qol in el salvador with businesses potentially moving or setting up shop there and providing jobs. but could also just as easily set up a new sweat shop industry there.
imagine if el salvador now becomes the superpower of south america? that would be literally bananas. this is awesome news.
so where do you sign up?
*"the scumbag rich folks should pay their taxes!"* *"these giant scumbag corporations should pay their taxes!"* *"whoa! i can move to el salvador so i do not have to pay taxes? sign me the fuck up!"* never change, reddit
ms13 will rob people for their crypto wallet...! “ese what’s the password”
siri, tell me about life in el salvador’s……. emmm no.
good luck avoiding ms-13
maybe he has invested a lot in crypto.
he’s going to attract so much “new money” into his country just by making this proposal.
whoah this fits my agenda so i like it
am looking forward to netflix narcos el salvador, starring bukele.
that’s just a scam. el salvador is a poor country and bitcoin needs internet and a laptop’t have. add the insanely huge gang problem and the police which don’t do anything, literally, you are just sitting 24
i now declare myself a citizen of el salvador 🇸🇻
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uh i’m thinking of moving to el salvador now...or at least before i retire.
come for the tax break, stay for the murder!
alright. time to migrate
time to move to el salvador lol
how are the ladies in el salvador?
see you later mothafuckas!
if you guys want to move to a 3rd world hell hole then just move to detroit or new jersey
mmmmhmm. i hope anybody contemplating this, or going to any 'low tax high freedom' place run by an opaque oligarchy (that newcomers will *not* be joining), is ready to organize their own security. the naivety of some of the libertarian boys around here is breathtaking. taxes and the social contract in advanced nations buy us the security and legal recourse we all take for granted. y'all like to bitch and complain that *your* money is being *stolen* and *wasted* on the poor and the lazy. but see how it goes for you if you're attacked in a developing nation and your shit is stolen, or something even worse happens. the rich and powerful in developing nations are plugged into vast social networks and can flex their muscles to protect themselves. but even they are paranoid enough to live in fortress compounds and make sure their kids are always accompanied by bodyguards. some birdshit westerner who turns up with a just hard-on for ayn rand and a couple of mil that he thinks should make him a king amongst the locals... well, you get the idea.
crazy how el salvador goes from a relatively unknown country to the leading crypto government basically overnight.
my parents are from here. i wanna get more into crypto. and i wanna get the fuck out of california
portugal and el salvador are where i’m going to go if i ever hit it big in crypto
welp, guess i'm moving!
bueno tendré mi greencard pronto.
he wants to draw young talent to el salvador which is good but there are always unintended consequences. we’ll see how it goes.
me, “babe, we’re moving to el savadore” wife. “shut up, you’re high” me, she’s right ya know
that is very smart
alright, let us fucking go boys. the taxes all be will pay the cost of living!!
it’s a good ideas until ms 13 decides they want to start mining. 😂
time to move to el salvadore.
check your government's travel advice. for example, the americans say >violent crime, such as murder, assault, rape, and armed robbery, is common your mileage may vary.
americans slowly transitioning to el salvador. "i love the culture here, i'm staying."
pft... at least offer a nationality that is somewhat useful...
the amount of money you’d save on taxes moving to el salvadore you’d be spending on 24’re looking to end up on eyeblech lol
i’m salvadoran. there’s not enough money that would convince me to leave the u.s. and live in es. i will always have love for es but i would rather pay taxes and be safe in the u.s. no, ty! too many gangs, violence and extortion.
i don’t think most crypto entrepreneurs are cut out for el salvador. my parents are from el salvador and have told me stories of gangs drive around with machetes cutting limbs off if you have something even remotely valuable, or just because.
el salvador is pushing for an authoritarian government. while adoption is good, i do not think this is the adoption we need
have all you heard of ms13?
ya right they move there. the murder rate there is ridiculous.
you would not pay taxes till death, murder rate in salvador is 10 times bigger than us
of all the places i could go to save taxes, el salvador would be dead last. sorry, way too much violent crime there...
yea...but you would live in el salvadore...im good
it sounds lovely, but el salvador is struggling both economical and with violence, so not sure if it is in my top countries to get permanent residence for...
so the president of el salvadore holds an ungodly amount of btc and does not want to get taxed on it?
this is great for doge now hodl boys!
time to pack up from my country
great they need more canon fodder for the cartel.
if you’re thinking this is a great idea for you, i want to let you know that this is a terrible idea for you.
aren't people leaving his country in droves because of the high crime rates?
what a joke and anyone who thinks this is good for bitcoin is idiotic. savage and brutal regime by a horrible man but if it potentially makes the price of bitcoin then of course it is good for bitcoin!
ms13 will love this
the cia laughs in gaddafi.
that’s what we need. another tax heaven
salvador desperate af. this is robbing bitcoin of whatever legitimacy it might have. salvador literally banana republic
which of the newfound crypto elite want to move to el salvadore?
el salvadore is than in italy?
this certainly speaks to an exciting trend of larger-scale adoption, but please, do not delude yourself into thinking this is anything other than a dictator doing whatever he thinks will make him more popular and solidify his power against sanctions. this is the same man who brought the military into congressional quarters to force passage of his bill and has been working to remove any political leaders.
el salvador has some work to do before anybody from the first world would want to live there. the country has potential. it should model itself after costa rica. us ex-pats cannot get to costa rica fast enough, and the climate and beaches are similarish.
yea coming from the guy who has his brother's in his inner circle for developing policy and staffed with some corrupt officials. this dude is like a trump in the way he removed top judges and the attorney general. they hand out private contracts just like trump did and no shit they will push for bitcoin as a central currency when its capped. they can still gain socioeconomic control and as we all know when you want to test pilot an idea central and south america is the spot for testing economic policy. just look back into the 50s with neo liberalism in chile moving up south america into central america to mexico and all the way up to the us
douchebag of the year
that’s so cool seeing someone young and forward thinking as a leader of a country. this is the way
lolz americans (with the highest rates of domestic, criminal, and gang violence in any first world nation): "bahhh el salvador is dangerous bahhhh bahhhh"
1. great weather, world class surfing beaches, beach front properties for sale. 2. one of the few countries in the world with no property tax. 3. no capital gains tax for \, since it will be a legal currency. 4. immediate permanent residence for crypto entrepreneurs. *** posted by []( ^[(github)]( ^ ^[(what's new)](
this is big. a big win for crypto.
in el salvadore, we see the future of the crypto world!
anyone knows if el salvador is better than brazil? is so i’m fucking moving there
el salvadore is going to enjoy so much new industry, prosperity and immense wealth for being the first to make this move... i hope their citizens are truly impressed with this bold decision and their community and government finances are about to look a nice bit better
damn he makes a good case...
looks like i'm moving to el salvadore
i'm in, guys. who wants to go halvsies on a cool house?
damnit. am i moving to el salvadore? how much does security cost around there?
it's not gonna be a good time for the country's electrical grid...
no taxes that is great
if he increases max loses as a write off each year vs 3k then im all aboard. until then none of this is relevant to me.
get a helmet to protect vs the wrench... i've been several years with my latina gf (col) in france, and i do not trust those places even for a short trip. she has no problem even that it is "normal". o\_o
how to qualify as crypto entrepreneurs?
what counts as a crypto entrepreneur? will my satoshis count? edit: forgot
might want to pick up all the miners leaving china
do they have the technical infrastructure to actually be able to support all the network?
that’s a smart move, money will float to them
no cap. gains tax... meaning it’s going to be taxed as income instead since it’s legal currency?
a step forward to hyperbitcoinization.
okay but why do i want to move to el salvador?
too bad bidens policy cannot be like this!
bring your security detail
can't find an article confirming this? but do see the statement about making it legal tender
salvadoran diaspora here here. there is alot of anxiety because of bukele's authoritarian tendencies and power grabs... the country has always been in a wavering state of stability, and he is polarizing the situation more so... but at the same time there is a glimmer of hope for reformation, in light of all the news upon crypto (i hope adoption will be beyond bitcoin, of course.) for an example of how this hits home, my uncle can send back money to the partner and child without not get hit with a 10% fee from the bank.
hopefully more follow suit.
this is a start
who would want to move there?
dudes about to fuck his own power grid
i head mix feeling about this guy, on one hand my coworker from el salvadore says he is great for the country calling him the “bad boy” of latin america and is apparently brining great change. on the other hand i have read other sources that the government he runs is corrupt. with all that aside this is a great step for crypto.
what are we? nazis?
that’s it then. el salvador here i come for permanent residence! (but only if australia ever re-opens the borders and lets australian permanent residents like me leave again...) edit: just read about the robberies, kidnaps, hostage situations ... el salvador sounds even more dangerous than other notoriously dangerous places like beirut or the usa, so guess i won’t be moving there anytime soon!)
lol man i would have paid.
we cannot allow this! this guy is making us look bad. something has to be done.
wow crypto startups will flourish there
i had not noticed. the president has laser eyes. my goodness--- to the moon, we go.
what i’m worried about is his fair, after going against the central banks. this is the way, but with our support and protection, it’s their way.
el presidente has some btc for sure
*random salvadorian that appeared in a simpsons episode*: whoa! salvador!
just pay your taxes, you leeches.
so what other countries are going to make similar moves?
alright, i'm moving to el salvadore and cashing out my .
that's looks like tax heaven.
waiting for all the presidents say it and ethereum will fly up like crazy
ummm. are we gonna talk about the eyes on that avatar?
el salvador might just be el salvador for all of us!
in the last few days, i am seeing a string of un-believable headlines coming from el salvadore.
[here]( is what a salvadoran over on r
time to emigrate! this is great news for bitcoin holders and crypto as a whole!
no, *you’re referring to your partners?
who else will be requesting citizenship just for the fun of it. edit: does anybody know if there is mandatory army conscription in el salvador?
ms-13 welcomes you !
seems promising but still would move to portugal as there is no capital gains taxes on crypto either and it is a eu country
i do not like the politics of it but tbh nothing will happen as clean as i envision
i do not think he has good intentions with this movement.
i wonder how many idiots will fall for that.
yea, like no capital gains is the sole recipe to attract investors. good luck with that el salvador
not going to be passed pretty soon
wouldn't all the bitcoin millionaires move over there to become citizens for those free cgt claims?
beautiful and i can barely hold my tears back.
i was honestly, seriously, about to look into moving to cuba. for a variety of reasons i do not need to get into on this sub. but perhaps el salvador should be considered, now, as well. lot of money about to head there.
how can i open a shell company in el savador ?
can you imagine if elon musk tweet something like that? lol
5. country for most firearm related death rate at 39 per 100.000
why the laser eyes on this president profile picture??
yeah sorry but i dont trust this president one bit. just google his history
any other salvadorans here? 🤔👍📈
o wow, huge move for el salvador. props to em, to the moon they go
former president bone-spurs was a draft dodger.
sure thing it is an important thing for crypto world, but i am not sure el salvador is big enough to make other countries adopt crypto too. maybe if more small countries in center, it will go nuts
this will indeed be huge for bitcoin... specially because other countries will follow this decision, and this year bitcoin can pump even more than we expect.
i forsee them realizing that they cannot make more bitcoin and then create there own shit coin that will just basically do the same thing as their current fiat.
pops told me he’d do as president
we are out! el salvador! el crypto! el capitalismo!
holy fuck. this is huge. el salavador. yes.
well would you look at that, i am now a resident of el salvador
this!!!!!! countries increasingly have to compete for citizens nowadays and people move to the places with the best regulations! no more "accepting" what "they" decide, if it is not good for you, you pack your bags and move to another place!
and so it begins...
interesting to see where other countries will began to stand. and what this means for central america as a whole.
ugh, i guess it’s the top.
hey el salvaor im coming home
time to pack my bags!
falling on the head is hard enough.
great, if you want to become a citizen of el salvador. but anyone else just being a tourist, still got to pay those taxes!
i get making incentives for tech to move to your country but how will he upgrade the power grid with no taxes. in future news el salvador is suffering from rolling blackouts because of booming crypto-mining.
and till last night i was not even aware where el salvadore is on the world map.
can you imagine going into a shop, paying with bitcoin, only to find out 10 minutes later that 1 quids worth of bc you spent is now worth 8 quid
and y’all thought oil was bad for smaller economies? prepare for the shit show
if bitcoin is legal currency in es, does that mean that any bitcoin trading platform will be regulated as a bank in es?
looked at properties online, they seem incredibly expensive for the quality. properties in the 300k-1m range, that are not that great.
they already solidified a deal with algorand, not bitcoin. not sure if maxis want to admit this tho.
buy and live in a dwelling for a bit, travel the world but insure citizenship so as to avoid cap gains. seems easy to me, other countries will follow.
and the race to the bottom gets off to a strong start.
what could go wrong moving to a country that famously had us backed death squads operating within it to go hide from us taxes.
el salvadore is like a land for outlaws but literal outlaws. its like play game of life on extreme difficulty.
can’t wait to be popping bottles in el salvador’s with all the ms13 homies
from what we europeans see on the news about usa i have to question is el salvador any more dangerous than the u.s?
everyone should be aware that el salvador is on of the most violent countries in america. if you're moving there because you're a millionaire you better budget and handful of full-time security personnel.
are you sure you want to live in el salvador?
i now declare that i am a citizen of el salvador. long live bukele!! (ok i did it. now what happens? the guy on a twitter thread said i’ll get an airdrop of something called walton coins and instant gains on all my crypto.)
good thing i have dual citizenship.i’ll take my doges and my small slice if bitcoin to el salvador lol
this might work really well but i dont think it will last forevere
wtf even is a crypto entrepreneur?
sounds good...but pretty sure if this is too successful, a straw man coup will happen and the us will have to "liberate" them...
off topic here... baffle by the comments, us citizens do not know their own law ( you have to pay taxes to irs no matter were you live, same if have a 2nd citizenship) yet you comment on the everyday living of el salvador or which central america country is the better? detroit has similar crime stats to this countries but you will move to michigan if the state pass a similar law do not you.
i cannot wait till they all move there, get kidnapped, and then killed for money they do not really have and not backed by any major governments. imma gonna go make a big bowl of popcorn for this.
yes americans, move to el salvador. what could go wrong?
but can he promise food and internet connection speeds?
is el salvador more "dangerous" than new york or dc?
you can have 2 citizenships
don't trust the longnose...
this is a really loud statement!
damn i can finally achieve my dream of being a permanent resident in the murder capital of the word. this is huge for crypto.
did anyone actually read the tweet? this is like a fucking trump tweet. it’s just legislation being presented. that’s all. nothing is assured as of yet, even though he has most of their congress in his pocket. and nothing has been presented as of yet. [hold the phone folks!]( on to your panties. be smart. the ole laser eyes got everyone amped up.
there's a ton of people seemingly acting as if this is the end of the world when a country decides to adopt a decentralized token like btc. don't do not control it, it is open source, free to use, now it is legal tender. any country can do this, and to an extent. i think a ton of people were waiting for something like this to become reality... it just so happens to be this country. no big deal. it does not mean anything other than the fact people will be able to use btc as payment, just like cash or credit.
it's my belief that one of bukele's advisors came up with this scheme to detract from all the problems in the country - many of them created by bukele. this points any conversation about el salvador in a different direction. other central american countries are doing things like encouraging "digital nomads" and making it easier for them to be in the country and adding to the economy without announcing something as radical as this.
just want to add something panama is a lot better (as in economy, its still riddled with corruption) than el salvador and you dont have to pay capital gains tax on anything. the difference is the el salvador president actually said it but this is not really a unique thing to them. also portugal has this and you can go around the eu which is 100,000 times better than becoming an el salvadorean.
so a predominantly white walled of crypto colony with a private armed security force? sun city here we come!
kinda feels like they want to lure people in before they tax the hell out of them
ok kids, let’s pack our bags and go!
you know how i know the president of el salvadore's big donors own a bunch of crypto...
el salvador about to become a world super power in 10 years lmao.
moving to el salvador!
it’s a trick. get an axe.
woah woah woah how do i become a crypto entrepreneur? can i just launch my own coin?
very interesting developments. you might not even need to move there permanently, just become a permanent residence, open a company, move your bitcoin assets under that company
my dad was born in el salvador and i kno the closest i've ever been back was costa rica. as being salvadorian. i aint going back to el salvador, anytime soon. dont care what their laws on crypto are.
goo el presidente !
reminder: no abortions, for any reason, whatsoever. [none]( in march 2020, puerto rican rapper residente interviewed bukele on instagram live.\[41\] bukele stated that he is opposed to abortion, even in cases of rape, incest, and when the mother's life is at risk. bukele has stated: "i think, in the end, in the future, we’re going to realize that \[abortion\] is a great genocide that we’ve committed."\[41\] el salvador has one of the most restrictive abortion laws in the world with abortion being considered homicide with no exceptions with women being sentenced to up to 40 years imprisonment.\[41\]
recent history of gang violence tells me its a bad idea, recent history of us backed overthrows of governments tells me it wont last if the us will lose tax money
smart. they will reap the benefits.
i remember when the united states used to be trailblazers like this. sigh...
as a non-elsalvadorian, can i use this to my advantage? can i cash out in el salvador ?
lol this is just a pr stunt. many places already have zero capital gains tax and zero personal income tax. the way to really work the system is to make an llc in a place with this preferential tax laws than invest and have the llc own the assets. if you have to physically move yourself somewhere it’s not worth it.
i think the bigger problem would be getting the cash back to your country
that’s what a real free country looks like
my gut sais "corruption". otherwise what does the country earn from this move? he most probably own a lot of cryptos himself
most probably they gave up on trying to administer it, i know my country has but officially we haven’t announced it and the harm it is causing the economy in my country is stupendous
somebody got paid a lot in bitcoin
just curious, what is the threshold to get perma residence there, 10 btc? 100? 1000? also is this exclusive to btc hodlers or other crypto as well ?
this is exactly what we needed, hopefully those chinese mines can get set up in el salvador quickly and get back on mining
do i have to actually live in el salvadore?
small rock in a big lake
i bet tesla will make cars or something there.
the downside: you have to live in el salvador
lol what a honey pot in one of the most dangerous countries in s america... this wont end well foe many.
so far he is looking to be one of the greatest president in south america, that’s how you get ahead and really get the economy going. if western major economies still want higher taxes and vote buying policies, they will lose big time in the future.
y’all can catch my redneck ass in el salvador son
say goodbye to their power grid.
it's not a cult
hell fucking yeah. getting my salvi citizenship through my parents. come here gains, never bringing it to the us, rather use it to buy vacation homes in latin america
lol i wish some rich person just drop me 1 btc.
el tunco is the jam. don’t forget your bathing suit.
or, we could just pay our taxes. i know it is not popular but america is not a bad deal. some would say even decent. millionaire and billionaire (and to a modest extent - the poor) folks not paying their fair share are why the middle class has to pony up for everyone. look at taxes as national rent. does it suck...yep...but not as bad skipping out on your fellow citizens. i say "your" because ...i'm moving to do salvador suckaz! "i'm too smart to pay taxes!"- 45 i kid
[ lol still waiting for other countries to sanction us for undemocratic voter suppression.
other countries: let us end tax havens el salvador: not so fast
jim carey was right. viva el salvador! [
what is a crypto entrepreneur?
alright, let us bounce.
hello 👋🏾 am i moving to el salvadore 👀🌳
lets not bash this country giving everything our "freeworld" should already have and in my opinion america has the most crime, we need to get it on the news. 🗞
of all the tax heavens out there. will rich people really choose something as unsafe as salvador? lol.
>el salvadore el salvador
moving to el salvadore!!!
not moving there but great to see countries doing this.
big fat nothing burger. no talk of bitcoin adapting new tech or doing something spectacular. just a third world country might adopt it. if the dude has half a brain watching what happened today he’s saying i’ll stick with the dollar.
will they give me a 24? cuz el salvador is not really the place to be if you make it through crypto
you sob i'm in!
honest question — how good do we think this new wave of central american adoption be for our bags?
usd is screwed. going to move to el salvador, portugal or other bitcoin friendly countries. the corner the market against heavily taxed individuals. the usa is not offering crypto communities much.
what classifies as a' crypto entrepreneur' if i dca every week am i an entrepreneur
this is interesting. never been to el salvador but is that a place people will move to? anyone on the forum who has been or lived in that country?
los vamos al la verga
entire county is buying the dip. love to see this!
this is very interesting for el salvador.
so i am a us resident. i am starting to think i should not become a citizen if i get rich before then? 🤔
lets all move to el salvadore and make it the new dubai!
this is a brilliant play by el salvadore, right?
tbh, dangerous precedent. so what, any nutjob can make a crypto and have it deemed as legal currency? crypto-mining is so thisruptive to the gpu market that future gpu's are specifically built to make mining much more difficult, which caused the last price crash.
anyone who trusts this guy is a moron. he's going to fleece all of the crypto money that pours into the country. once you start using local banks to hold funds he is going to nationalize those institutions and use your crypto like his personal piggy bank. he's trying to become a dictator through crypto.
im interested in the permanent residence
even if the country is corrupt, is this good for crypto or bad? i am not ignoring the people suffering just asking.
i wonder how much i need to save up to move there? anybody have any ideas what would be a comfortable amount. am chill with living in a hut with internet haha
crypto is the future
i’m booking a flight. yo, where the fuck is el labrador? or whatever it’s called.
im moving to el salvador.
so much misinformation here, if you know about place in los angeles for example you can avoid it and basically it will never affect you the crime in that place. just like there are a lot of dangerous areas in el salvador, there are a lot of areas that are safe. u do not have to worry about losing your shoes. and living in el salvador is cheaper than living in the us or other places. with about .
bleh... el salvadore is a trash "shit hole" country. don't take stock into the news from its government. the end. find another way to profit.
without proper planning the whole btc experiment in el salvador will quickly become a thisaster
i dunno why, but i feel like this is not going to end well. no real reason, just a banana republic built on crypto seems like a bad idea. trickle down economics does not really work, and trickle down economics in a country with no labour laws and an easily exploited workforce is a downright horrible idea.
a lot of people are going to move there and get robbed and murdered. good luck to the ones who stomach the risk.
el salvadore = future new wakanda
doesn't el salvador have like, the highest gun violence in the world?
authoritarian corrupt asshole being the first get of bitcoin is not great. probably why it’s not moving the price much. and no, no one wants to move to el salvador for this. it’s like moving to north korea cuz they opened a water park. people are literally fleeing el salvador as we speak because it’s so poor and dangerous. get real bros.
hey elon,,, fxck you
if not for the murder rate their, i’d go! maybe we could start a reddit community
> i am also willing to wager that this move from nayib bukele may be a factor that reduces future violence and crime in el salvador. yea why would a bunch of naive rich people bringing a bunch of cash to a nation with endemic organized crime not increase the risk of further organized crime?
not a fan of twitter posts on this sub being allowed by moderators and only conditionally approved for normal users. breaking news is breaking news. imagine if a normal subscriber had the ability to post this and get 10k upvotes. just sayin
i came here to mention the violence and murder rate in el salvador. fuckin-a hell if i’m going much less moving to that place. damn. lol.
this am not about freein' anyone. it's more greed. it's about creating a tax haven that he can personally benefit from. it's sure as hell not going to reduce crime.
> non-manipulatable asset. lol
so just positive things
> i am also willing to wager that this move from nayib bukele may be a factor that reduces future violence and crime in el salvador 'crypto will reduce el salvadors crime problem' cmon man this is what gives crypto (and specifically crypto on reddit) a bad name lol
yes, economic freedom and a increase in wealth by themselves can have a major factor in reducing corruption (i read the research) and crime (i’m guessing).
non- mulipitable asset. elon sends a tweet okay
with a capped coin you do not get socioeconomic freedom and if you ever wonder why crime and violence is so high in these areas just remember how corrupt these placeholder politicians are. the people have been screwed over left and right but bitcoin is not even close to helping the true citizens be unbanked and free from an oppressive government with another capped currency. people you need to start waking up on bitcoin.
or give rise to the reason to regulate it more .
paraguay kinda already is a tax parathise. i live in brazil, ppl often travels to there to buy cheap stuff
i do not know why this much negativity around this news. every comment talking about how corrupt the country is or how rich americans going to evade tax. be a bit positive guys...
>biden administration is considering putting on guatemala, el salvador, and honduras altogether - biden is good for bitcoin lol
explain to me how the mechanism by which this reduces crime violent crime in el salvador
‘reduces future violence and crime’ lol how and definitely ‘manipulable’
i am not a financial advisor or cpa. i have read that if you try to renounce your citizenship and you have not paid taxes, pay those taxes before you renounce your u.s. nationality. it usually comes up at the moment and office when. p.s. if you are somehow doubtful about transacting with bitcoin in el salvador, just use phoenix wallet.
you would have to pay an exit tax and renounce usa citizenship to set yourself up for favorable taxation with another citizenship going forward. usa, myanmar, and eritrea are the only countries to impose world wide taxation on its citizens. americans will have no benefit to the taxation policy in el salvador. for example, if i wanted to live full time in el salvador because they have 0% capital gains on bitcoin… as an american living in el salvador, i would still owe the same capital gains to the usa regardless that i don’t live in the usa. if i were anything aside from a usa, myanmar, or eritrean citizen… let’s say for example, a canadian living in el salvador, i would owe 0% capital gains across the board, because canada does not impose world wide taxation on its citizens like how the usa does, and el salvador again has 0% capital gains on bitcoin. it doesn’t matter that canada has high capital gains taxes on bitcoin for its domestic citizens in canada. since there is no world wide taxation imposed by canada, canadians have the freedom to avoid canada’s taxes by choosing to live in another country with more favorable taxes. only usa, myanmar, and eritrea impose world wide taxation on its citizens, and we have zero ability to avoid those taxes, which is pretty fucked up and authoritarian. it really sucks that the usa imposes world wide taxation. as an american, all i want is freedom from worldwide taxation, full stop. it’s not much to ask for considering every other country in the world does it that way. (aside from myanmar and eritrea). for someone like me, renunciation of usa citizenship is the only practical solution to avoid unfair and unjustifiable world wide taxation.
usa has an exit tax of a little more than 20 percent on anything over 2 million or so i believe. they're going to get their pound of flesh.
it's actually pretty funny usa people ask this on reddit. if you're actually rich from crypto find a very good accountant, your tax burden will be reduced. in the rest of the world usa is considered a tax haven of sorts themselves. wealthy people pay much less than the peasants percentage wise, you can just stay there and possibly start some companies there or overseas and reduce your amounts, your accountant will guide you. while there are countries with smaller cap gains you're still bound by your citizenship to pay up to the irs no matter how far you go and for how long, otherwise you must revoke citizenship and pay anyway lest be turned into a criminal and be relegated to a network of countries with no extradition. having said all that, if you're looking for a country with no cap gains el salvador is a pretty awful choice. high crime rate and you'll be isolated and always in danger from cartels. uae for instance also has no cap gains, at all, it is very safe and full of rich people you could be friends with. you can show off your lambo and armani collection without fear of getting kidnapped lol
uncle sam gets his cut where ever american citizens live. the us in almost unique in that regard.
you forget one important step. get into a boating accident and lose your crypto keys.
yeah, have fun with that. people get shot in the streets in el salvador every day on just the thought that they may have money on them.
not a tax expert, but i believe the tl;dr is that us citizens are taxed on their income regardless of their location. so if you are still a us citizen, you will still need to pay capital gains tax on it. that said, if you were in a place with foreign taxes you're paying too, i think there is a mechanism for those to offset what you would pay to the us, possibly down to 0.
i’d just like to point out that a much easier way to avoid cap gains is to move to puerto rico where you can stay in the us and avoid capital gains taxes when you are a full time resident.
make millions in crypto, diamond hands the shit out of it when you move and just use it as currency instead.
bloody hell! was going to comment, then read the comments. nevermind. 🤪🤪
you can have 2 citizenships.
if you are us citizen you will have to give up your citizenship in order not to be taxable, even if you give up your residency
you can move there. apply for a green card. then have an armed gang kidnap you and demand all your crypto…50. oh, and don’t go there if you expect gay rights. that will get your tortured, maybe killed. or abortion rights. same. sounds like fun though. please let us know how it goes.
if you're a dual citizen you have to pay dual taxes \[albeit at a lesser rate for the us\] if you decide "hey then i'll just renounce my citizenship!" and you have not paid said taxes you will be forced to pay them before you're allowed to renounce. from what i can see the us is the only place that forces their dual citizens to pay taxes.
getting permanent residency is not the same as getting a passport. you would still have your own citizenship
google “tax residency” definition.
not americans due to internationally enforced taxation, but most other citizens of other countries could.
if you’re an american, you pay taxes anywhere in the world, to the us government. you would have to renounce your citizenship to avoid paying taxes to the usa.
you need to revoke before you cash out.
no. if you are a citizen you still owe uncle sam taxes on anything over 100k per year.
if you are a us citizen (or legal resident alien, i.e. green card holder) you are, per irs, liable for worldwide income. even if you live outside usa. as a green card holder you may omit reporting taxes if you no longer live in usa, but by doing so you may lose your green card. also nowadays it looks like profits from cryptos needs to be reported to irs. typically usa has agreements with other countries though so that if you have paid taxes there, you do not have to pay them in usa. you still would have to report the income to irs however. i am not a tax professional and this does not constitute advise…
as far as i know, us citizens pay us taxes no matter where they live. so you should revoke citizenship
> or would i have to revoke citizenship? usa is one of the few (the only?) country that still requires you to pay us taxes for money you make abroad even if you never bring it back to the usa. you can negotiate with the irs to pay less if you prove you already paid tax in the other country. so basically yes, you would need to renounce citizenship in order to avoid paying this tax.
you have to pay capital gain taxes in the place where you were at at moment when making those gains, or at least for me it us like that
no, the usa requires that you pay taxes on income earned worldwide. you would have to renounce your citizenship first.
sorry but you owe us taxes on crypto wether you cash out or not. if you had millions in crypto you’d likely already owe a ton in taxes.
you have to renounce to avoid us taxes. america thinks if you are born here they own you and everything you have until you die no matter where you live. it's nuts!
you can do the same in dubai, or most of the middle east with zero income taxes.
isnt the first 90k of money made out of the country tax free? i know contractors do that
strictly speaking... you are supposed to have only us citizenship. but many, many people have dual citizenships, including me. yes, you can renounce your us citizenship but "permanent residence" is not the same as citizenship. you should research the pathway to citizenship in el salvador. and realize that if you renounce your us citizenship, you would have to get a visa to visit the us and people from central american countries find that hard to do. whether it would be easier (hey, you used to be a us citizen so welcome home) or more difficult (you jerk! you renounced your us citizenship and now you want a visa? haha) is not at all apparent.
you have to renounce your us citinzenship, and believe me i live in a third world country thats 10,000 times better than el salvador and id rather pay all my taxes and stay in the us. the grass is greener intill you face reality.
you get so fucked in the us. here in the uk we got 12k capital gains before we pay any tax. if you guys move from america you still gotta pay taxes wtf.
i had to revoke my el salvadoran citizenship to become a us citizen
if you ran a drug cartel and received all your payments via crypto you would be more than welcome. provided that you pass some of that wealth around. imagine no more smuggling cargo containers filled with 100 dollar bills.
you will never cash out because once you get there you will get kidnapped and your balls put in a vice until you cough up you seed phrase 🤣🤣🤣
instructions unclear. moved there and became a crime crime lord. invested my black tar heroin money in asstomouthcoin. i know am richer than bezos and musk combined.
the us does not allow you to have dual citizenship post 9
imagine having your entire life be possibe because hardworking people paid their taxes and then not bei willing to pay your fair share on fucking cryptogains.
you would probably have to reside there for a few years to actually not be obliged to pay taxes to the us. i do not think it has to do with citizenship.
no, because being american means that you are beholden to file taxes until you renounce your citizenship, no matter where you are in the world physically or where your income is coming from. look up what they did to bobby fisher.
yeah. this is a pr stunt with a shred of hope that some people will bring money into the otherwise poor country.
i'll bite, rather make a couple solidity contracts and a second citizenship than pay 30% tax on my gains.
looks like a classic trap or a honeypot. where you go to a place with different laws, and you cash out and noone vouches for your safety, and then with 5. cash is untraceable. and salvador mafia getting richer.
tomorrow i'm becoming a crypto entrepreneur. i have to think of a really good idea quickly and move to el salvadore.
he obviously believes crypto is the future and wants el salvador to be at the center of the action... pretty smart, in my opinion
great idea, but the first step is to rid the country of its massive amounts of corruption and violence. your average silicon valley engineer is not going to work in el salvador when he runs the risk of losing his life over a pair of shoes.
i’d say that he made the right choice. money simply flows to places with less regulations and taxes.
could be a bait & switch. tax-free for the first 5 years and then once the economy develops more and businesses start booming it will be hard to leave even when taxes do get raised.
> is he hoping to turn el salvador into a tech hub? no capital gains could mean a lot of money in taxes left on the table. i would say so, yes. the only question now is, "how does an entity obtain licensing in el salvadore?" i've worked for a couple of centralized exchanges. estonia had the cheapest fintech , then it became 1000 euros in 2020.
fiscal parathise for miners. could somewhat develop their econony
a tech hub sounds cool! sadly i heard he is probably corrupt :(
this would be promising and would set examples for the rest of the world. can wait to see this explode (positively)
the way it is phrased, he seems to be hoping for a cayman islands or panama or similar tax heaven!
he's only doing this because he is dome a lot of shitty inhumane things and probably thought, oh elon got away with it so can i.
its basically declaring that tax evaders and money launderers are welcome. in other words, you need to work with the government for your safety. if you go there cash out as a private high net worth person, you will run the risk of getting kidnapped, possibly from government goons if the local crimelords do not get you first. you will loose either your crypto keys or your kidneys... possibly both.
the idea might be to bring people in, and over time enact laws that force them to pay taxes. wouldn’t be the first time this strategy is used.
you do not have to pay taxes, if you do not gain anything.
inflation, wait and venezuela will do the same. probably at least half of all south american will follow.
just because he would not tax it now does not mean it is off the table forever. places often attract big tech and turn into a tech hub first before doling out the hurt.
>no capital gains could mean a lot of money in taxes left on the table. more money for the people, more businesses, more freedom, more growth.
you will still have to pay for power and standard living taxes
or you could move to portugal, get the same stuff and not die.
he's trying to dodge us sanctions over corruption while making it look good.
???? what word do you live in. el salvador a tech hub.
> is he hoping to turn el salvador into a ~~tech~~ ponzy scheme hub? it's just going to attract shit like bitconnect and other bs.
hes a muslim, he wants to turn el salvador into latin american dubai
the problem is that if you are not a u.s. citizen, the u.s. gov won’t lift a finger to rescue you from ms-13 in el salvador.
the current exit tax for those with less than 2 mil in us assets is about ,700. it's worth it to not pay us taxes for the rest of my life.
they should be careful of boat accidents
i kinda doubt it tbh. nothing against the country but there are far better ones to live without cgt.
no capital gains? maybe it is time to unsink that boat!
if you love something (let’s say your btc wallet for example) then set it free (in the water). if it loves you it’ll resurface somewhere in el salvador.
photoshopping fucking laser eyes in his pfp to appeal to the rest of the mindless drones should have been the first clue. the second should be it is a corrupt country known for money laundering, and they are aiming to get around sanctions.
if it is accepted as legal tender it is different than a tax haven, right? the definition of bitcoin is fundamentally different, it is not considered property or an investment so the idea of a capital gains tax makes no sense. i'm sure the implications of this are pretty vast both legally and conceptually.
like what other tax havens?
youll save that from your tax tho! hahaha lmao
same. i do not plan on going back. a rich man would last there 2 days if he did not pay off tons of people.
my mom's from there and we've been going there every 2 years (until now cuz college). it was a lot worse the past decade and it is getting better now, but i absolutely would not feel safe even if i moved to the bigger city, especially if i were just going to cash everything out. the cartel follow trends and would know who's there for vacation and who's there to become stashed.
citizenship by investment is a thing in loads of countries. in vanuatu it is .
being latinamerican i hope that this guy does good for his country, looks like a good bet that can atract a lot of money and investment, so lets see how it goes. i hope that at least 1 country from latinamerica can lead the way of innovation, so others see that theres hope and not stay forever in poverty.
true. let's see how well this plays out for el salvador in the future.
musk aka "the electric mcafee" probably does too. can't wait for another shitty ill informed tweet.
you know how people visit resorts with no poverty or crime? it would probably be like that. i feel mixed emotions on it.
get in, acquire citizenship, get out. very few people actually live in tax havens.
i've been there, it is awesome. you miss a lot of things when you close your eyes...
> all the poor people, running out of el salvador due to cartels, gangs and corrupt government. but sure crypto investors will flock to a corrupt country to avoid paying taxes, but loose their life maybe?🤔 nah!! i'm good!! that has been changing fast since this president took over two years ago. criminality is dropping dramatically and he has 90% popular support, as well as control of all government branches.
genius! the cia would like to see if you would like to lead the next revolution in el salvador….
welcome to the hotel caaaliforniaa
they're a poor country, one of the poorest in the americas and they have the highest homicide rate of any country world wide. they're the world's murder capital. they're trying to attract investment capital in a country no one wants to live in.
lots of gangs that will want to steal all of your crypto, including the government. more than a 1000 people “thisappear” each year.
it's a country that is recovering from a recession and crime rate is not ideal...
the catch is the country is such a piece of shit violent hell hole that parents literally walk across a continent to the us border only to have their kids snatched and put into a jail cell and they will never see them again... ...and that is still a better option to them than living in el salvador
pr move from a dictator in the making to thistract from him just killing the legal system. but sure, you guys go ahead and move there.
i mean...you don’t really have to live there 100% of the time.
i have not heard a good joke in a long time, thanks
why the hell does everyone put the e at the end of it
sounds like an idea country to set up a business specialising in m̶o̶n̶e̶y̶ ̶l̶a̶u̶n̶d̶e̶r̶i̶n̶g̶ ̶ thiscrete financial services specializing in cash to cryptocurrency exchanges.
it's a thistraction. bukele's basically only tweeting in english about this because this policy is to appeal to foreigners, not salvadorans. it's part of a broader campaign to thiscredit all foreign critics with wild claims that they are funded by george soros or the corrupt, old parties and junk like that. this, after human rights orgs, the oas, the us, journalists, etc. have found ties to gangs, cartels, and laundering throughout his government throughout the last few months. the bitcoin switch allows him to conveniently blame all criticism of his government on financiers: [bukele tweet that practically admits this]( and people are eating it up.
> is all of this bitcoin and investment related news simply to detract from bigger issues or is it part of an ongoing list of measures to improve el salvador as a place to live i would really like to know. could be both too. i still feel all politicians are self-serving assholes, no normal person wants that amount of power.
> is all of this bitcoin and investment related news simply to detract from bigger issues or is it part of an ongoing list of measures to improve el salvador as a place to live i would really like to know. i've read that under the present president's way of doing things, life has generally improved. the murder rate dropped significantly (by two thirds) since he took office.
a dollar? naw try some bread maybe at the end of the day, or a bullet lol. they straight up kidnap people to work in fields there, and any escapees... well, you can watch those videos live on facebook from time to time... :(
if this experiment goes well maybe they will!
than you. not sure why people are talking shit when they don’t even know all what bukele has done for el salvador they should start by looking at the numbers for covid-19 in el salvador
there's other countries with no capital gains tax where you're much less likley to get shot. so unlikely to attract any startups. it's good for locals though and those that make remittance to family in el savador.
yes! and as of may 1st, you can add a dictatorship on top of that.
el salvador is not that bad. crime rates are falling down very quickly and there are nice beaches and resort cities that even use bitcoin as their main currency (surf city) in there
do you want to constantly live in fear and paranoia? it is a very dangerous country.
i'd love to get some nice cigars and whisky on my off time.
that'll get you a spot on the outskirts of the citadel
maybe prove that you are a btc whale and probably promise to help the country by spending your millions in el salvador in the economy there?
you still have to pay us taxes even if living abroad.
yeah good luck with that. maybe hire paramilitary and private plane to keep you safe and ready to go while on vacation.
to me, the permanent residence bit sounds like something along the lines of, "whatever employer holds your visa will determine whether or not you get a permanent residence certificate."
top ten. venezuela is at the highest (somewhat unsurprisingly) position right now.
is this where the future citadel is located??
i’m sure they do take btc now lol
lol dirt cheap and just about as bad as it gets.
funny because singapore already has zero capital gains tax on stocks and crypto lmao
if you're a u.s. citizen. period.
el salvador is not in south america dumb shit
lol most poor people in el salvador have smart phones and yes mobile internet. it amazes me, people have a hard time getting money for food many times but they always have for internet and btw the president gave all families with students a free laptop with internet included for them to do home schooling lol there is just so much you guys don’t know about this president el salvador has
how can that be when el salvador has a population of 6.5 million? vs what 332 million? you might want to read this
the president many countries wish to have really
i can agree with this to some extent...
any idea of the crime rate and thisaster (earthquake, typhoon) rates there?
el salvador might be one of the only places that makes brazil look peaceful
this i would like to know as well
i have not read the bill. i'm pretty sure it depends on who your employer is, though.
this is the president of el salvador's twitter account...
i guess you have not been to el salvador. especially in the last few years
yes, if i had a job there that pays good enough to live the quality of life i’m used to yes
i’m assuming a crypto millionaire whale
an easy path to permanent residence would be more attractive for a country like costa rico, which has a very low cost of living. costa rico is often recommended for retirees.
imagine what people said about btc 10 years ago
when was the last time you were in el salvador?
i think that’s not what his intention is. i think he wants wealthy crypto investors to invest in the country and help it grow. not to use it a way to no pay taxes and cash out
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you dont want to live on el salvador for sure.
can’t tell if you’re serious or not if you believe the us has the most crime
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i work in the pc technology industry now and i've worked in the crypto industry before. gpus that "cannot mine crypto" is just lip-service pr bull shit coming from manufacturers that make gpus. i would like to get my hands on a 3060 ti for a reasonable price (no, really. 1000 usd or more is overkill), but as long as there are computers there will be mining (for bitcoin, and (for the short term) ether). secondly, there are tons of cryptos that do not require mining to make transactions take place. do some research.
um, you do realize that the whole point to using crypto is to avoid the traditional banking system, right?
-1500 usd a month to live comfortable
what is this ms13 coin you speak of and which exchange is it traded at? wait, nevermind, imma create my own coin...ms14! ka-pow muthafuckas!!
singapore has zero capital gains tax on crypto and very low crime rate.
there's already a surf city where a lot of businesses are bitcoin friendly, but it sounds like it is all bitcoin maxis so better for crypto guys to just stay away imo
the spending that they would do would significantly help the local economies and produce jobs to get out of poverty. people are not born criminals, most are created out of poverty and joblessness. the government will have more revenue so they will be able to spend more to help communities. crime is the product of many variables, poverty, a lack of jobs, a lack of spending, poorly funded schools, etc. having more rich people would stimulate the economy and improve many of those variables that lead to crime. i doubt there are people now who have a job hear about crypto immigrants and quit their jobs to turn to a life of crime because now the payday is bigger. i do not think that is what turns a person to a life of crime.
you do realize any drug lord can and most likely has got into crypto now and they do not need el salvador for that right?
> imagine if a normal subscriber had the ability to post this and get 10k upvotes. i would have approved this all the same if a normal user had posted it. at the time, no one did. if i "repost" something that someone else has posted, reddit will redirect me to that post that another user has already made.
the homicide rate has gone down a ton since bukeles became president. he has gone hard as fuck on gangs. i'm from there and visit ever summer. it is not as dangerous as it used to be. source:
how bad is it? do they get more daily murders than usa?
what does it matter what the intention is? incentives shape the outcomes. everybody is greedy. you cannot escape it. you only naively buy in to the people or institutions who obfuscate their greed from you. so being greedy, does not tell us anything useful about this situation.
i said one factor, bro. i'm not *that* delusional. a lot of other stuff would have to happen there to fix that.
no, i'm not naive. people are repetitive. it feels like at least 25% of the comments i've read here talk about the crime rate of the country or ms-13. i put this comment here to say, "yeah guys, we know. you can google search that stuff..." it's not like i held up bitcoin and said, "this will fix everything and cure cancer."
sanctions apply to bitcoin too. i don’t get the lol. these people are actively impoverishing their own citizens who are dying from gang violence, covid, and poverty.
it's a slow process. you improve economics in a country or region or community, more people start moving to that communmity region or country, people get better jobs and stop looking for bad life choices. did you know starcraft: brood war was one factor that pulled south korea's economy out of a recession?
>‘reduces future violence and crime’ lol how go back and read what i wrote and do not put words in my mouth based on a *slightly* ambiguous sentence in that small paragraph. >"i am also willing to wager that this move from nayib bukele may be a factor that reduces future violence and crime in el salvador." "a factor" as in, "one of many factors." did you know that for every 1 percent unemployment goes up, 40,000 people die? what is the key to reducing unemployment if not reversing the growth of it? broadly speaking, a strong economy. the remittance case for bitcoin is a strong one. imagine if we could tackle scalability later this year with taproot, lightning and other tools. let's see where this takes us in a few years...
but how would they possibly get it if i haven’t cashed out?
but will they be liable for capital gains if they do not sell before moving? i am not a financial advisor too.
why do you specifically suggest phoenix wallet?
there are rules (limits and so forth), but yeah there is such a thing as an exit tax.
how would anyone know about your holdings
you are correct, except there is one more thing, if you were living in the us, even after you leave you will fall under the substantial presence test. which means you will owe taxes the next year. i cannot remember for how long. but so long as you pass the test , which has to do with how many days you were in the us the last 5 or 3 years, you owe taxes. this is for anyone , us citizen or not
100% correct! i will renounce for the moral statement as much as for the tax benefits...america's taxation by citizenship is wrong!
pay the taxes. don’t be selfish.
what’s the exit tax like? i mean…if i didn’t cash out any crypto would they still try to nab a piece of the pie? honestly, if it meant saving millions of dollars, i’d permanently leave the usa.
wait so i'm an american who paid taxes one year when i was 18 then i moved to europe and i never paid american taxes again. i'm 26 now. am i on trouble??
but couldnt you just not pay the taxes since youre in el salvador and just never come back to the usa
is it capital gains tax above 100k?
if you’re still a canadian resident you owe tax on worldwide income. if you emigrate from canada to es you’ll be ‘deemed to have thisposed’ of all assets at fmv so any accrued gains on your crypto are taxed. if you’re already a canadian with such huge crypto gains, you’ll be paying tax. if you don’t want to pay tax you need to move to es and pray your current holdings grow to make you a millionaire
spoken like a rich guy. move my business outside america so i do not have to pay taxes and take all the profit because fuck america and the people in america.
what’s the consequence of never paying that, hypothetically? never being able to return to us soil?
it's kinda hilarious. i feel like there is so much opportunity for a crypto comedy sketch show like key & peele.
it's really sad considering how the usa was founded in the first place was party due to unfair taxes from the king.
that sucks but if we are talking about millions then fuck the taxes, there’s a lot of countries you can go to and live a nice life without having to pay a dime to those pesky politicians.
swap to monero, create wallet in el salvador, swap to that wallet, cash out, did i miss something?
doesn’t really work with non fungible cryptos like bitcoin unfortunately
and the gov would know who holds crypto because they applied for a green card. the only question is whether the gang that tortures you until you give up all your crypto is from the streets or from the government.
don’t forget the robberies… break ins… hostage situations… it’s uh, colorful. you may want to rethink moving to el salvador “for the bitcoin”
everyone with the snippy "<insert crime> happens in the us, too" comments, go live in el salvador for a while and report back. whatever you see on the news in the us does not remotely approach the levels of violence in el salvador. yes, there are problems in the us with gang violence, mass shootings, localized crime rates, etc., but comparing it to el salvador is akin to comparing a big wave on your last beach trip to a tsunami. how many times have you been robbed at gunpoint, shot, or kidnapped? the us has it bad compared to other high-income 1st world nations, but it is a drop in the bucket relative to places in central, africa, and the middle east. i've worked with several people from el salvador and other central american nations. they came here for good reason, and they do not ever want to go back.
contrary to the us where it’s only in schools….
if i do become a crypto millionaire, it will likely be due to my holdings becoming everyday use currency.
i guess technically i just commented lol
if the other country does not have taxes , then you pay the full amount. you would not be paying anything less. also, even after you revoke your us citizenship but you lived in the us , you still pay taxes because you pass the sabstantal presence test. btw people who do not have us citizen ship and live in the us , studying, working or anything, if they stay long enough, they owe taxes on their investments
i have dual american and european citizenship. 2 passports
we're overtaxed as a nation. taxing the rich is moot due to loopholes. it's not a "fair share". it's greedy.
are you serious? do the research man, remittance costs are obscenely high for el salvador and it accounts for a significant percentage of their gdp. jack rolled out his app, strike, in el salvador first as a proof of concept large scale to help them send bitcoin instantly for almost no fees using lightning. they will experience tangible benefits to their economy.
let us know how the weather is
giving tax to the crooks sucks. agree with you. but trying to avoid one crook only to find yourself in the grips of a bigger crook sucks even more.
why would you bother with cash when you can spend bitcoin?
like you cannot get mugged in an american or uk city. just move there, sell your bitcoin for usdc, move back home, and the cash out a few thousand a month for expenses and shit.
get this. cat farts but on blockchain.
my idea is make huge gains buying all the matic i can afford to during dips. does that count as an entrepreneur?
[here are top 10 countries with the highest homicide rate. no. 1 leads with a wide margin.](
you should sell drugs!.
call yourself elon salvadore
el slavadore needs you ! i am sure
esta es la forma
you can literally just clone any of the dozen open-sourced dexes on github into your own shitswap, and voila, you're a crypto entrepreneur. or just hang a sign over your window saying that you give crypto advice for a fee.
lol... say that again slowly... 'think of a really good idea quick and move to el salvador'. did you catch your mistake that time?
true, bringing in rich individuals to spend locally, and if they actual have zero cap gains on crypto then they may be the new cayman islands.
could he also have good money in crypto and is leveraging his position to gain $$$
corrupt country trying to become a tax free haven and draw in more $
no he obviously just wants to get wealthy ex pats to come and bring their money to his country by offering it as a tax shelter. not much different than what various caribbean tax shelters have been doing for ages.
no - he is a corrupt piece of shit who wants to make it look as though his government is being progressive. el salvador is the *last* country ever becoming a tech hub lmao you are all congratulating a man who took power in a coup.
he's just seeing how badly taxes are hurting california right now and is trying to do things the right way.
alternatively, he wants to lure people to el salvador to rob them. no one is moving there lol.
he’s also very corrupt and has the backing of el salvador’s largest cartel. he sent the military into congress to pass a bill that wouldn’t have made it through otherwise. he’s against abortion and gay marriage. this is not a nice man.
he yoloed into bitcoin during the dip.
does el salvador have a an electrical grid system that can handle the amounts of wattage that is going to be used in crypto mining? i would think that the first thing crypto mining would want is an infrastructure of electricity that is not going to be shut down due to over usage.
ridding a corrupt government of the ability control fiscal policy seems like a pretty good way to minimize the governments power and rid it if corruption…
of all the people ive known whove been to el salvador numerous times nobody has been robbed, let alone robbed for their shoes ' get off the internet
this is true. a bullish play.
he tryna rugpull my home address lol
that is the risk with any tax haven.
i thought about this as well. seems like a trap but it might not as well.
that's still way cheap right?
he’s granting green cards for any crypto entrepreneur
in all fairness, elon is not your friend.
lay off the fox news, weirdo
you over-estimate how much they will help even if you are.
they would not necessarily do it if you are a citizen either. they reserve the right not to retrieve you but if they do you have to pay them to come, it is not free.
anyone who is stupid enough to renounce the most valuable citizenship on the planet to live in el salvador is getting what’s coming to them.
they should be more careful of bumping into whales
no more boating accidents in el salvador now.
in all honesty, did the boat accidents actually help with taxes?
lest they lose their xmr
people who fall for memes usually fall for them from multiple sources it is no surprise there is so much celebration of this lol
this is the same guy that used the military to hold congresspeople hostage inside the assembly so that they could pass his tough on crime bill. ironically some of the ones who claim to be tough of crime are the most corrupt.
> a populist, bukele has been criticized for governing in an authoritarian manner. in particular, he was denounced for sending soldiers into the legislative assembly to encourage the passage of a bill and allegedly to overthrow the legislative assembly of el salvador.[2] this action, his handling of endemic violence in el salvador, and his strict response to the covid-19 pandemic have led some academics to describe him as an autocrat[3] or an authoritarian.[4][5] transparency international cited el salvador and colombia as examples of an "explosion of irregularities and corruption cases" related to the handling of the pandemic in latin america.[6] twenty government institutions of the bukele administration were under investigation by the attorney general's office, until, in may 2021, bukele led a parliamentarian move to fire the attorney general and multiple supreme court judges of el salvador, which has been characterized as a self-coup[7] and sparks fear of democratic backsliding and a power-grab.[8][9][10]
fucking lazer eyes isn’t that bad considering he’s young and grew up during the tech era, maybe a fan of memes and that doesn’t mean he’s a bad guy. the ex president of the united states posted conspiracy theories lol. dude seems to be doing a lot to get rid of corruption. corruption was always before he became president and he is getting rid of a lot of those corrupt officials but western people calling him a dictator. what do you expect him to do? play nice with them lol. or he’s looking toward the future to prepare his country and get ahead considering el salvador isn’t rich at all. so why not go for the gold mine and be ready before everyone else ? he’s seems smart and trying different alternatives to fix his country rather the previous presidents. where was america calling out when these previous corrupt presidents were in office ? complete silence
he really wants to change that vision about el salvador. been there, have close friends there, this guy is basically godsent to them because he is determined to end corruption, of course his goverment is not perfect or his cabinet, but he has sure as hell sent a message to corruption, ended the long story of violence with the gangs as well. he is not perfect, but he really does want to change the country for the better.
well obviously all that crypto is good for is money laundering and getting around sanctions. oh and ransomware. when central bank digital currencies come out any nation that uses bitcoin or other non-cbdcs will be pariahs.
the tax implications are more or less the same though either way
literally all the other ones because el salvador is unfortunately one of the most crime heavy and violent countries on earth. go to switzerland or hk or malaysia or vanuatu.
you can get a eu (malta) passport for ~. i'm pretty sure america also has citizenship through investments but you need like .
nobody visits el salvador for its beaches or resorts. there's belize, costa rica, panama and mexico for that.
el savador is a country where if no body gets killed today it is breaking news. are there actually any of these such resorts in el savador? one can go to costa-rica or panama and they would be much safer and in a much more developed country.
i've been to el salvador a few times myself. it's beautiful. it's cheap and i've had a blast each time. let me be clear. i would never live there. it's dangerous as fuck and when we traveled there my in laws had armed guards for us.
i’ve been there too, friend. but this is some .
you also miss a lot of things when you’re dead.
thats because he does a lot of sketchy things, i was born an lived there for 18 years anyone of my country can tell you that those stats are lies, recently he has being in heat for not recognizing a lot of kidnapped people and not long ago he took control of all the state powers, he is not a good guy at all, he is popular for a lot of the same things trump was, speaking loud and catering to his supporters and shitting on all the other candidates whike at the same time trying to cancel or thiscredit any media that talks bad against him.
they're still the country with the highest homicide rate in the world.
for anyone curious on some of the reason as to why that is. statistics in neighboring countries also show this is partly due to pandemic.
i'd say private security might have an excellent business there if you can get other business there.
but it is not it like duterte, right?
is the weed there any good tho? i’d have smoke weed than cigars lol
there's a foreign income tax exclusion but i think they are going to want your capital gains from crypto no matter what
one thing to note too is that the gangs have largely pivoted to a thisappearance strategy over public homicide due to decrease int'l scrutiny. and it is worked, the government is more than happy to report that homicides are down without addressing the thisappearances, the racketeering, kidnappings, etc. it's heartbreaking.
i don’t know, my father in law is from el salvador. his family has to walk 15 minutes to go to a internet caffe to rent a computer to talk to him. you or him are lying. (mind you, his family lives in the rural country thou).
highest murder rate in the world
oh thanks. i opened it and did not see it as a twitter link.
totally agree, its citizens were also surveyed to have the highest level of happiness
thought we were in the technology subreddit for a second.
i wonder why i got downvoted. ha, so ,000 to get started probably would not be too awful, you think? 🤔
having more rich people will stimulate the economy 🤣😂🤣 no it absolutely won’t, especially when you’re not taxing capital gains. newsflash, they move into ethnic enclaves and have their money circulating among said enclave. by the time that dollar leaves, it barely touches the poor.
you forgor another very related factor that causes crime: greed
>the spending that they would do would significantly help the local economies and produce jobs to get out of poverty. as if you stingy bastards would pay anybody more than the barest minimum you could get away with.
existing criminals in organizations have jobs. they're just in a criminal enterprise. wealthy expats moving in does not end criminal enterprise or make career criminals suddenly switch industries. properly done you could gentrify the fuck out of their society and use the weight of a properly funded law enforcement and judicial system to combat the corruption and criminal enterprise. but just look at mexico: the criminal enterprise runs the country and the president of the country is a stooge for them. there's plenty of uber-wealthy mexicans and yet, corrupt criminal enterprise rules the land. i fundamentally do not see how rich people magically solve entrenched criminal enterprise. the solution is a non-corrupt government using the weight of law enforcement. that's it. i'll spin this around for you: rich expats will join criminal enterprises as the endemic corruption of the country will mean that doing so is the established way of getting ahead financially or otherwise.
that’s awesome!! i’m very glad to hear he’s making it safer for everyone there. everyone deserves to be safe and secure.
i do not know if you're serious or not. stay off whatever mainstream media you get your news from. if you have to ask the question does el salvador get more daily murders than the usa. then you've been, i do not know, brainwashed maybe. i dont know how someone could even make the comparison.
imagine telling on yourself like this.
what a long winded way to say "i'm greedy so i do not care who gets hurt"
no, all you've done is decide that you have a particular point of view that ignores all criticisms of el salvador and have decided to use mod power to try to shut down thissenting views. bukele is hugely corrupt and there is no indication that a move to bitcoin is going to fix anything. in fact i do not even understand how a lot of crypto supporters - who are often libertarians and believe in small state - can support an authoritarian regime that installs political allies in the legal system to force favorable legal outcomes.
none of this is good for bitcoin. or crypto.
but i mean it is an important part of the conversation, since the article is about moving there and running a business there. the current top 5 comments are not about the crime or anything like that. i guess we could just google anything that takes up more than 25% of comments, but this happens to be a negative aspect of the country. it does not deter me at all seeing the conversation about the criminal side of the country but i guess i appreciate you trying to curve the conversation to a more positive light, i just do not think it is needed. <3
how will this improve the country's economics? you think that middle class working people are going to emigrate to el salvador because of a crypto tax benefit? you think that people who are living under an authoritarian regime are suffering because they make bad choices? what does any of this have to do with a recession? your hand waving the idea that this will somehow improve the economy writ large shows just how thisconnected you are from the reality of the northern triangle in central america. you're pushing an agenda and completely ignoring the context
you said it had a chance to change it overall in any way or be a factor m, how exactly would it? unemployment is not some mystical force. what you say is tautological in terms of definitions, and bitcoin doesn’t help here.
they'll just arrest you if you ever step foot back in... so be prepared to never ever come back. not for any reason like funerals or wedding or births or anything family related that can be hard to walk away from.
if you want to become a fugitive to avoid taxes, you do you i guess.
you must declare all your property before leaving. if you do not, you're basically a criminal... should they ever determine that and you were to return to the u.s. at *any* point, you'd be arrested on the spot. they'd get your ass eventually.
there is an exit tax you have to pay on your entire networth to renounce your citizenship.
if you don’t go back after 6 months it’s grounds to remove your citizenship.
they would come after you and arrest you until you give it to them, obviously.
the us is one of the only countries that taxes its expats. renouncing citizenship is difficult also, especially if it is purely tax motivated.
if you're playing with big enough money on an exchange that it is worth giving up us citizenship for el salvador, you've most likely had to do kyc with your government id.
after you renounce, the long hard dick of uncle sam gets just a little bit harder and longer, so it can still fuck you from any far reaching corner of the earth you now call home. 😢
there is also the bona fide residence test. but then you tell them you moved to el salvador to be a crypto king and you run into the tax problem again. you could take your chances with not filing taxes and hoping your new local el salvador bank does not report to the us under fatca.
at best and simplest, an exit tax to renounce the usa is just paying the sum of all realized capital gains due at time of renouncing. it could get more complicated than that, depending on your financial situation, business dealings, etc. but yeah, just pay whatever taxes you owe on any investments you have as if they were all realized, and then the renunciation fee is about \~. make sure you also have a second passport.
well, regardless if you owed anything to pay, you definitely needed to file for all those past years. the foreign earned income exclusion (feie) will allow you to earn up to \~, but that is only for “earned income”, aka wages. capital gains (like trading stocks or cryptocurrency) and passive income (like rental property cash flow) is not earned income and does not qualify. sometimes there might be a tax credit for some kinds of income types, depending on the country you are in and if that specific country has some kind of deal with the usa to save you from being "double taxed". but in most cases, you are taxed on these funds to the fullest extent regardless the origin of these funds or if you live in another country. uncle sam demands his cut no matter what. the only way to be free from this nonsense taxation policy is to renounce.
i’m an american living in england, i’ve just recently found about this myself. by what i have heard from others experiences, they seem to take it a bit easier on people like us as it’s not made “common knowledge”. that being said there is still a late fee to pay, i’m not entirely sure how much as i need to file last years online and then print forms for the previous years this week. but that being said, it may be worth getting in contact with a professional that deals with us taxes, i don’t believe there’s many eu accountants certified to advise on ours.
that’s hoping that usa won’t pressure el salvador (or any other country you might travel to) to extradite you for tax evasion. eventually your passport will expire. it’s not viable unless you intend to be an illegal immigrant tax evader for the rest of your life.
that’s only feie (for earned income) aka wages. your bitcoin trades.
you don’t have to renounce, correct? you can start fresh in any foreign country, keep your citizenship, and canada will not tax you on anything more going forward, yes? usa citizens have no choice but to renounce, if they want to be treated fairly when living abroad going forward. this includes the hassle of needing to figure out how to get a second passport’t have one. i hear you though, exit taxes suck, regardless the context.
i don’t live in america. people choose to live outside their birth countries in case you didn’t know.
eh, the founding of the country had more to do with how the colonists could not fuck the american indians in the lands conquered in the french and indian war. also, slavery. the sommerst decision happened in england in thr 1770's. i imagine thr 1%er slave holders saw the writing on the wall and wanted to break away from a country that was on the path to total emancipation. the taxes were totally fair. a person in the 13 colonies paid less in tax and had more enfranchisment than a dude in liverpool.
the part where you can save yourself trouble the next time and just hold the xmr instead
every day is a legit adventure that nobody wants to be a part of
lol yeah, like police do armed raids almost every night where they look for violent and highly armed drug traffickers to shoot and kill. they found a mass grave of women in some el salvadorian cop's backyard recently. it's a complete warzone and the definition of a failed country
okay cool well when immigration throws your passport in the trash do not be surprised.
you are an asshole trying to rationalize your behaviour. "other people are taxdodging so i am taxdodging" get lost.
crypto transfer costs are not exactly cheap, my friend.
people must really hate irs.
interested in the viability of this. i’ve tinkered with the numbers on rodent farts (common field mice) but never occurred to me that feline flatulence may have better yield. it makes perfect sense… do you have a telegram set up to thiscuss?
did not they do that on letterkenny?
isn't that what nft's can be?
solid coin, white paper looks professional. team is very active. technology is progressive. vision is strong. great leadership too. looks good on fundamentals. must buy imo.
well they invest time, money, effort and take risk to make a profit so maybe?
sounds good to me!
matic isn’t a legal tender lol
if you're farming, yes
for the record this is actually out of date. el salvador's per 100k homicide rate [went from 103 in 2015 to 51 in 2018]( then dropped again in 2020 to a low of [around 20 in 2020]( and at least so far it looks like the trend of the homicide rate declining is going to continue. that's not to say el salvador is incredibly safe or anything, but the situation is significantly better than from 2010 to 2016.
it sounds like a good idea for him.
there is a real market for crypto banking
> new cayman islands just what the world needs.
do they have zero capital gains or is it just that bitcoin will have no capital gains as legal tender?
this is almost certainly the case. dude isn’t trying to better his country, he’s just trying to make his payday better.
see you in salvador in 15 years ! :d
would you really go through the hassle of moving and living in a totally different country that is potentially way less safe and developed than your current country for a 30% gain? i think only millionaires should really worry about that and i am not sure about being a millionaire there lol
me too. don't worry, we still have time.
why would you pay cap gains on currency?
corrupt in what specific manner? a lot of times when i ask this, people kind of stumble over their own words. bukele teeters on authoritarianism, but he and his congress were entirely democratically elected and his policies seem very popular with the country.
name a country that isnt corrupt. i’ll wait.
uhh california literally subsidizes red states through its federal tax revenue. this tired, incorrect talking point is, and always has been, bullshit.
yeah, we're doing fine. santa cruz represent.
true but what if they changed their rules and messed you up?
and how do you police all the gangs when there is no means to allocate funding to the police?
the internet says el salvador has the highest homicide rate in the world. but nobody you know has been killed there so that makes it safe right?
i got robbed of my shoes and my shirt, but that was on 2014, things have changed a lot since nayib bukele came into power. it's not the safest county yet, they still have a long way to go, but they are going in the right direction.
i’ve worked in a ton of restaurants with guys from el salvador... none of them want to go back and are desperately trying to earn money to bring their family here.
and it’s not like people don’t get robbed in the us either. there are plenty of dangerous areas here too.
yes and no. starting businesses and hiring people and making legal entities is all about pieces of paper that government bodies may or may not recognize. we have to make an example that is easier to understand. let's take tertiary education as an example... 1. if i have a degree from an american university, there is nobody that will thispute my education. 2. if i have a degree from a university in, say, cambodia, that might be a different story - american employers want american education. so, would el salvador's ministry of finance recognize a piece of paper from estonia just because that piece of paper is recognized by the european union?
a vast amount of problems in central america are *directly* related to u.s. policy starting in the 1950s onwards. in so many words, and to simplify it, almost all of the countries were purposefully given loans that were basically "payday loans" - that the u.s. knew wouldn't be able to be paid back monetarily, but would be paid back politically, corruptively, and, essentially, illegally. the huge sums of money were given to people that were known to be fraudsters and grifters - it was known they would embezzle most of it, but use some of it to build the oil plant, a token school, a few roads, or whatever - but then also mansions for their friends, transfers out of country, paying local militias, etc... then, also, they would be propped up politically and do the required bidding, etc... by.s. government nutcases. if the u.s. really wanted to have helped central america over the decades, they could have. easier said than done, of course, but much of the policy was purely selfish and of the corrupted variety. much of the same is going on in africa right now, but with china giving out the "loans."
el salvador is a beautiful country with a lot of culture and food. just because ms-13 is the only thing you ignorant fucks know about el salvador doesn’t mean it’s not a valid place to live.
really tho they should be scared of el salvador gangs killing them for their money.
malaysia, hong kong, singapore, vanuatu, switzerland the list goes on
most other places on the continent and in the region. el savador one of the most dangerous countries in the world and one of poorest in latin america. you could hire a hit man there for .
people literally invested in a coin with a dog mascot, not once because shiba inu exists. do not underestimate humanity.
i seriously do hope that this move will improve the country for their people, do not get me wrong. i also do not care for most of the "leadership" that is been elected into power pretty much anywhere in the western sphere of influence. the laser eyes just give off incredibly cultish vibes and all of the negative stigma that come with it.
everything i have read says the opposite. yes, he has reduced the number of murders…by making a deal with ms-13 that they support him in the next election. he’s not eliminating gangs, he’s making them part of his power structure.
>this guy is basically godsent to them because he is determined to end corruption wow. just wow.
if he wants to clear up corruption, appealing to people who are willing to forsake their citizenship and dodge every law in their own country to save a few bucks on some capital gains taxes probably isn’t the best strategy.
no it does not.
but can you afford to live in swtzerland or hk after you paid your investment? lol
switzerland and hk are as expensive as fuck. malaysia is just as corrupt but most americans would not know that and do not be gay... vanuatu is a tiny island which will never be anything more. your wealth will have little meaning. import your ferrari and see how long until the locals burn it down for you. as shitty options go, el salvador is middle of the pack.
you probably would not need it
sounds like a business opportunity
the gangs even enforced quarantines (at knifepoint) in many parts of the country, straight up the national police force is a farce. (tho it actually is a wonderful country, there are a lot of wonderful ppl, it is just... everyone has a lot of dead...)
assuming your private security do not turn on you anyway
stonks for private security companies.
nothing better than growing weed, surfing and collecting crypto
asking the real questions.
yeah, no shit. i was kidding.
that’s absolutely true. there are a lot of enclaves in latin america where the inhabitants are all european or american and you can’t really move there unless you are of their ethnic background and money only moves there. it’s like their own little country
are you an expert on el salvador? you underestimate how poor that country is. we are not talking about a booming economy like the united states and the absurd wealth hoarded by the rich there. we are also talking about outside money. if you have a thousand crypto millionaires move there that will undeniably help the economy and country tremendously.
like i said, if you are not already a criminal, i doubt you are going to quit your day job because some rich crypto traders move to your country. that is absurd. does the existence of millionaires in vegas make honest 9 to 5 workers quit their day jobs to target millionaires?
i am simply pointing out that bringing outside money into a local economy reduces crime because of the growth it produces.
does it? i highly doubt it as el salvador only has a population of 6.5 million
what a dull-witted way to say: "i'm ignorant, so i only understand virtue signals".
please provide proof that show how corrupt bukele is. i have yet to find anything corrupt this guy has done in fact all i can find is him prosecuting corrupts in el salvador even corrupt fuckers that have been serving while he took the presidency. he has really cleaned the government from corruption lately so please tell us about how corrupt bukele really is
>bukele is hugely corrupt and there is no indication that a move to bitcoin is going to fix anything. am i supposed to know anything about this guy or the politics of his country? and i'm not trying to "use mod power" to shut down thissenting views. i've only banned one person from this thread so far, and i thisplayed a more than generous amount of patience before he just straight up dropped an ad hominem on me - spoiler alert, he had no clue i was a mod until his second to last post here. to the rest of your point, i am less libertarian than some other users here. i try to stay out of politics, especially with countries that i am not a long term resident of.
bro, i live in a nation that is not even recognized by the u.n.! what are you talking about?
now i am confuzzled.
jokes on them , i don’t have any family or friends
its like being in prison but on a beach
just as cat stevens. he wanted to come back.
exactly, enjoy being deep fisted any time you travel in. people are afraid of the irs for a reason. they are basically an arm of government composed of lawyers and federal police. and the us has pretty solid agreements with the eu and 5 eyes countries for extradition.
please, everyone knows you can just walk in through mexico and biden himself will give you a hug on the way in!
so. i buy something. it appreciates in value. i renounce my citizenship. i can’t even visit usa? that seems incorrect.
unless i never come back… i mean, if someone paid you millions to never return to usa, would you take them up on that?
and if i didn’t pay that? what would they do? i’m in a different country.
to be clear, it only applies if you have over 2 million in assets or annual tax liability of something like 160k per year. it does not apply to everyone.
exit tax is on your entire net worth apparently. it would make cashing out irrelevent since it is part of your net worth.
what happens when you buy a house in the uk and the us shows up with a judgement against you for ? i'll tell you what: they enter that judgement into uk courts, the uk courts enforce it and seize your assets in the uk and give them to the us authority to liquidate. there is a reason countries honor and enforce foreign judgements. it's so people cannot commit crimes and just leave with the money.
and expensive...costs a bit over 20 gra d last i checked, and you get barred from reapplying for a decade.
or you started mining in, like, 2012.
the irs already inhabits several other galaxies so moving off-planet would not work either. at least that is what my illuminati newsletter said.
what bank? if you are rich in bitcoin and live in a country where it’s legal tender … what do you need a bank for? you put what you need into the lightning network and good luck tracking that.
one day you will realize money isn’t everything. your tax can support the vulnerable in many ways. taxes make us responsible. who do you think pays for the roads, little children’s education, build shelter for the homeless? you do it with your taxes.
interesting. well…i’m def not rich but wondering if something pops in 20-30 years. i’d def just find an amazing cpa that could save me a ton.
ok tha k you very much so far i've only done regular nurse work earning about 2k a year so i guess i'm excluded but i still have to file? i honestly do not even know how haha oh no. and i just invested in cryptocurrency last month will i be taxed even though i have not realized any gains?
ok! thank you for clarifying!.
theres 194 countries excluding the us for you to choose. it’s not my job to tell you where to go lol. but i guess georgia would be good a place, the caribbean, chile, uruguay, brazil (there’s some really good places here for those with moneys) and the list goes on.
if you have that money in foreign bank accounts how would they know? not trying to sound like a dick just genuinely curious.
- 200k followers in telegram. - cats fully doxxed. - flatulence is deflationary. - low market cap. - coingecko listing soon.
form a cat farts dao
nice, i'm packing my bags tomorrow. full of more matic and eth !!!
my next question is marijuana legal there? wouldn't that be the life! growing dank bud, investing in crypto, it is like the new gold rush. those selling the gear will be the ones getting rich.
>20 in 2020. half life 3 confirmed
20 in 2020 makes it better than many very popular vacation destinations like the virgin islands, the bahamas, and jamaica. i know in those places you are often cautioned to stay on your resort, but if you're wealthy and moving to el salvador i would assume you can afford to live in a private, guarded community.
so are you saying the bullets stopped flying long enough that salvadorans had the chance to get out and flee to the u.s.? there sure have been a lot of them trying to cross the border.
yep, gotta attract smart and entrepreneurial people and odds are they would like this implementation. edit: yea i stand corrected lmao went way too ahead of myself with that statement
it will be interesting to see if this comes to pass and what the overall effect may be. i wonder if he will have terms to reap the tax haven like residency.
puerto rico is a decent option for americans. el salvador would not be as the irs will still find americans there and tax them. gotta love citizenship based taxation.
most politicians in a nutshell.
to ensure this please hold.
people do that all the time mate. investors will setup the business there and recruit highly talented individuals, who will make more money and live in a cheaper country. it will not take long for other investors to build premium housing for them, entertainment venues, etc… in 10 - 15 years, some hubs of el salvador will be on par with any first world country. this will be very good for their economy, bringing in new jobs and opportunities. very good move.
i think surf crypto bros might be into this. i mean i'm thinking i'll check it out just for the surfing.
millionaires are going to move out there and get robbed.
another thing to realize is that if you're a us citizen, you still owe taxes on income earned even outside if the us (one of only two countries to do this). so, if you're a us citizen living in el salvador, you still have to pay capital gains tax to the irs. there's a whole system in place called fatca designed so that the us government knows about any bank accounts you hold outside the us. crypto exchanges are not included in fatca, but that could change.
that’s not how tax havens work. you don’t have to live there... how many millionaires live in the caymans? you just have to open your office there.
yup, we are in early :)
because you speculate on it. if you buy forex for the reason of speculation or trading you are liable for cap gains.
here is an article from a couple weeks ago - they're ranked 104th in the world for corruption (the lower the ranking the more corruption there is)
pretty sure he illegally fired their supreme court.
no one is saying some countries are not corrupt, but there are obviously varying levels.
corruption is a part of human nature… we all have to decide for ourselves how much corruption we can tolerate…
i love how someone replied to this comment with “antarctica” then deleted their comment after they probably realized the only reason that answer might make sense is because antarctica isn’t a country. 😂
keep telling yourself ca is doing fine. maybe you're living an extremely coddled life. the evidence seems to suggest otherwise. try visiting sf and then tell me everything is fine.
i know this is not the answer you think, and you're going to rail against it because what you're imagining or meaning to say is: "how will this possible loss of tax revenue help the local population maintain police"... but you're missing the fact that private security and gated communities are a pretty easy and reliable solution for many well-off people in many corrupt or crime-ridden parts of the world. i'm not saying that that means that you're wrong and investors are going to flock down there...i'm just saying that other factors are bigger and law enforcement or security is actually pretty cheap...its just that governments are so terribly bad at providing everything, including policing and law enforcement, that it becomes a problem in all but the richest countries which can afford the very high costs of government bezel and corruption and political failure, and still overpay for police.
yeah dont get my post twisted. el salvador is not a safe place. but i see so many posts on reddit about traveling where people act like you just \*get\* robbed when you go places.
truth be told. the war on drugs, business investments in china, bogus wars policing abroad, europe's policeman, and large government stateside. central america could have been propped up to be far more prosperous and less corrupt. i see immense potential and embracing a new financial system and independence from the north a huge step in the right direction. creating an entrepreneurial mecca probably the difference maker. reduce unnecessary expenses and invest in high tech. we've already seen a business exodus from the northern states that i'd bet my last dollar would head further south if incentived. drain the black market pulling a page from portugal's book on decriminalization. with the g7 tax initiatives, timing could not be better. entrepreneurs naturally gravitate to the most bang for buck.
i'm sorry but what on earth does this have to do with the comment that you replied to (which was commenting on the low likelihood of the us government rescuing a us citizen from a kidnapping in one of these countries)?
aren't china's loans 0 interest and much more forgiving? they're trying to gain political allies more than money rn.
it's always funny to me how folks will scream about us involvement in central and south american politics, and in the same breath, not even mention the soviet union was doing the same (and worse), and the us was trying to counter them.
well no shit. the mexicans didnt want to be apart of the states. we fought them in wars and shit. it was a draw and we isolated from them. its not our policies... they simply refuse to cooperate on anything.
tell that to people getting a bullet to the back of the heads whilst eating pupusas
it literally has the highest murder rate in the world. i don’t care how nice everything else there is, choosing to leave the us for that to save some money on taxes is idiotic. this was never meant as an insult to the people there, but it’s just how it is.
sure, it is a place all right. but no sane person would move there. it's super dangerous. the gov is just as dangerous as ms-13, because they are now working together. 1,000 people "thisappear" each year. el salvador is not good for bitcoin or crypto. it's just more hype.
as a person born in guatemala with naturalized us citizenship you have no idea what the fuck you're talking about
and now they are investing in a coin called cumrocket. never underestimate humanity ever.
the lazer eye is kinda a meme thing, since he is using twitter he is probably up with the times. if you look at political figure who are 40's younger are kinda similar to that. stuff like that expresses that the politician figure is just another common guy. he jokes and its shows he can relate to us. aoc, cruz(-\_-), much more politicians all use twitter and they even post memes once in a while. times have change and its great politicians can express themselves more rather act like robots.
don't believe twitterbots and ngos, they are basically bought out by opposition parties.
don't believe the twitter hype. the us published a list of government officials involved in corruption. lo and behold, many officials from the current government are listed there. he started taking thistance from the us after that. he's not ending corruption, he is a corrupt trying to look good.
bruh australia takes half your shit, not 'a few bucks'
why would a moral and smart person *not* dodge the laws and taxes of the country the happened to be born into, if they do not agree with them?
then why are we funding this?
why would you all the sudden not need food?
someone’s gotta do it ma man
not only can you not move there, often times they are surrounded by barbwire and armed guards to keep out the “locals.”
fuck me, you’re special
did not work for mexico. this just isn’t true. el salvador has a complicated government held together by corrupt relationships and gang truces. these assumptions are very misguided
on the contrary, outside money is a destabilizing factor because the newcomers can use their resources to get what they want even if its not what the locals want.
>does it? i highly doubt it as el salvador only has a population of 6.5 million u yeah it does. even with a population equivalent to indiana, el salvador has the highest homicide rate in the world. el salvador (82.84 per 100k people) united states (5.35per 332,915,073 people)
lol did you even try looking?
>and i'm not trying to "use mod power" to shut down thissenting views. i've only banned one person from this thread so far but you've also stickied your own view which states that "there has been enough thiscussion" about a given set of views. that seems to me like an attempt to shut down thissenting views, as if the only thing allowed to be thiscussed here is how bullish it is.
to answer your first question, yes.
“oh, look, i moved to el salvador, and found 1000 btc in my wallet. not sure who deposited that, but guess i’ll cash it out.” -some rich ex-american
it’s like being in prison except you can visit every other place on the planet, and it’s on a beach.
if you're thinking being outside the usa is a prison, it means you're in solitary right now.
well, if you havent paid the exit tax and are literally a fugitive from american law then yeah, thats how it works.
that moment when someone realizes that other nationalities do not have the same freedom of movement that they do. as long as you sort your taxes out before renouncing your citizenship, you will be treated like any other citizen of whatever new citizenship you have. that will probably mean needing to apply for a visa etc. not sure how easy it is for el salvadorians to visit the us. i'm guessing not that easy. i do not think they will let you renounce us citizenship anyway without having all taxes in order. also note there is a fee of several thousand dollars to renounce your citizenship.
>if someone paid you millions to never return to usa would you of course
travel the world a bit first before making that determination. there are some nice places out there, but the kind that would not extradite are generally on the less civilized side and not nearly as enjoyable, regardless of how much money you have. it's not an impossible life, just not one i wish to live.
i think it depends on the country. iirc extradition treaties & agreements could allow your new country you're in to arrest you & give you back to the states for being a criminal. most if not all of latin america & europe have extradition agreements with the us. as well as australia, new zealand & also some african & asian countries. so it seems like you could be pretty limited in terms of where you could go.
they'll extradite you or seize all your assets in that country via court judgement. remember, if they can a court judgement against you in the us for , they can often enforce that judgement on your assets in many countries. i'm suing someone right now in the uk and i'm entering a judgement obtained in the us. they will honor it and i'm going to take his property in the uk.
i did not know that.
good thing our net worth fluctuates 50-80% on the reg. i can just expatriate cost average my way out on the dip.
that’s 100% theft. no wonder libertarians hate taxes.
it's not on net worth, but it does tax unrealized capital gains.
yea i been mining for a bit, no one knows how much i have. i didnt put my personal info anywhere to start mining and then sent to a private wallet. seems like it would be really hard for the government to know if and when i sell my bitcoin. like i buy from exchanges and then send to a private wallet. so now how does someone know whats up after i left the exchange with my bitcoin?
taxes payed to the usa don’t help the vulnerable. it is stolen by cronies at the highest levels of industry. just ask the thousands upon thousands of homeless people across the country. ask the hundreds of thousands who can’t afford basic healthcare because the whole system is predatory. have fun having giving up your money to a bunch of thieves. i’ve moved on, and i will pay whatever taxes i legally owe to the countries i choose to spend my time in.
it's probably worthwhile to talk to a professional to see what you can do about making sure you are "up to date" for the years you have missed. i wouldn't stress out too much, at , you are not a big fish on the irs's radar. i doubt you will have any trouble, but you should try to be up to date. you will only owe taxes on capital gains (after a taxable event of a sale).
alot of those countries you mentioned have extradition treaties with america.
are you sure there are not taxes in the caribbean? how do you even look up where crypto taxes are?
bermuda or the bahamas
us requires foreign banks to play nice or heavy restrictions.
this _is_ financial advice
you must be unfamiliar with el salvador. any large grow farm will get wiped out in a night right before harvest. mining rigs, small or large, will get stolen once someone working in the electric company sees your monthly meter. you can do everything you listed likely a state or two away from you.
crypto investors aren’t necessarily smart nor entrepreneurial just because they bought some coins that drastically increased in value.
i hope he does not do a 180 and implement crypto taxes again.
what about the ones in poverty? do they benefit at all?
the irs really grinds my gears.
they also have the highest homicide rate in the world.
everyone is corrupt. if you're working for the us they turn a blind eye. if you're thisloyal or a threat to us power they actually do something about it. after coming out in favor of crypto do not be surprised if the us starts to amplify these corruption narratives. interestingly, his response was that america gave literally zero fucks about corruption from his predecessors.
your source shows that the corruption index has been their lowest in 5 or 6 years. considering he is been president for one year, it seems like at least things are moving in the right direction. with that said, i do not pay too much importance on something like a "corruption perception index". how do you even encapsulate something like that into an index? part of their assessment that goes into that index is "opinion surveys". seems like a good idea with poor methodology.
[red states]( require much more federal funding almost across the board. a little further down in that article, you can see that blue states have much higher per capita gdp on average than red states as well. so, blue states produce more money (taxes) and require less. generally, blue states have better local and state-level support programs, that red states do not (because conservatives generally do not like "handouts", even though they consume a hell of a lot of them).
california as a whole is doing fantastic. their economy held up incredibly well during covid, better than almost every red state, and they are finalizing a 75 billion dollar budget surplus. the only real issue with california is the homeless issue (you can thank it’s climate and every other state sending their own homeless on one way bus rides free of charge. as well as the state and federal governments failure to just house these people instead of pushing them around to a new area every few months, at immense cost) and housing costs due to so many people wanting to move there. a single incredibly wealthy city and tech hub with huge wealth inequality =/= california “doing bad”.
seems to me it has a lot to do with it if we're not to view nations in a vacuum. especially ones that are in close proximity and have a history together. i'm making it clear that the united states government has a history of immoral and unethical behavior with little regard for the betterment of their citizens as a whole - and that "being kidnapped by ms-13" would largely connect directly back to policy enacted and money given by the united states government themselves - so, *no friggin' shit* they wouldn't help.
haha usa has been in latin america for decades before the soviet union ever existed
as i said initially, it was a somewhat simple explanation. nevertheless, that does not absolve the u.s. of corruptive and immoral action and policy. two wrongs do not make a right. it's not like it is a secret that the united states - of which i think there is some good and virtuous elements, too - has a history of imperialistic, scummy, thisgusting behavior. saying anything else would be "funny" in the same way you've described in your previous comment. the soviet- the two together (u.s. and russia) are two abusive, mentally deficient, juvenile idiots running around, pretending they are better than everyone else while missing teeth and having cancer and tumors - meanwhile the more sane among us look at them in pity.
the soviet union was subtly infiltrating latin american politics by funding left-wing groups. te united states went and imposed over 20 military dictatorships in the course of 40 years, destroying democracy in the entire region and creating a master-slave relationship between the us and latam that exists to this day. they're not even remotely comparable.
the soviet union didnt exists when the us was building an empire feeding guns to the narcos, barry seal sounds familiar? event the last i knew, few years ago, fast and furious mexico scandal
huh? uh, not really the point - like, at all. they wanted to be and are a sovereign nation - you are talking nonsense. even if you weren't (but you are) that would not absolve the u.s. of purposefully giving out loans to known corrupt officials who knew the loans could not ever be paid back and who they knew would embezzle them and do their bidding.
oh, come on. i'm salvadoran, and believe me, he is not that popular. the guy has a victim complex and believes that everyone who thisagrees with him is his enemy and is attacking him. please, do not repeat his bullshit. different points of view are essential to society, even from "opposition parties".
you still get all the rights and privileges of american citizenship even if you're living outside of the country, why should not you have to pay taxes? how many times have you seen an international news story pop up where some american hikers wandered into afghanistan or something and got kidnapped by the taliban, so the us saber rattles to get them back?
you only pay a portion of your taxes if you live outside the country - basically the portion that is supposed to cover you in retirement if you return. and the state department comes to your aid if you are in trouble. also the power of the us visa is why you are even allowed to enter half these countries. imagine living in el salvador and wanting to enter the us because you don’t like the tax laws in your country. the same people from the us trying to hide their money prevent you from entering. taxes in us are light compared to much of the developed world. especially for rich people. if you aren’t ok with how the government is handling your money. you vote for different people. it’s how society functions - most people just want the benefits of government without any of the costs.
and unless your fortune is vast, that’s probably a few bucks.
because you benefit heavily from the majority of them your entire life if you live in a country like the us. your statement is valuable and right in certain morally abhorrent circumstances. quibbles over marginal tax rates in certain asset classes don’t really qualify.
... to el salvador my god.
we? number go upp
i guess weed is really man's best friend.
that’s true actually, but not in all places thou
i did not say it stops it. stop reasoning in absolutes.
> el salvador (82.84 per 100k people) > > united states (5.35per 100k people) fixed that for you. the us rate is per 100k people as well. it's a *rate*, total population does not matter. this means that el salvador has about 15 times more murders per capita than the us. the us have about 50 times the population of el salvador. so the answer is no, el salvador does not have more daily murders than the us. it has 3-4 times less. but a country with 50 times less people having only 3-4 times less murders means it is really fucking murderous! the murder rate of that whole country is similar to the most violent ghettos of the us.
he removed some corrupt people and that is bad? is that the only thing you could find to bash him? because i can find probably a dozen of examples of how he is helping the country
you don’t need to cash it out if you live in a country where it’s legal tender.
honestly not worth the ~15% you save on long term cap gain taxes. el salvador is so much worse than the us
atleast he got btc. i have half a family and work 9h a day. it's never perfect.
they don’t let you keep the passport
nope, gotta be careful about extradition treaties.
might have to be careful in places where the us has political pull, e.g. look at how they caught mcafee and assange. if it is bad enough they can get interpol involved too.
except you cannot. they'll extradite you from many of the places you'd ever want to live or visit.
so many people from the us have never been outside the border, and in many cases believe the rest of the world is uncivilized. the internal propaganda is quite striking once you have travelled and lived somewhere else, you realize just how much your fellow countrymen have been inadvertently brainwashed.
technically all they need is a warrant of arrest issued. but yeah do not think that'll happen for small amounts, but also noone mentioned ,000 it was all large amounts. also why would you uproot your whole life to live in a foreign country for merely ?
what does the exit tax encompass?
> like i buy from exchanges and then send to a private wallet. so now how does someone know whats up after i left the exchange with my bitcoin? blockchain will show exactly what wallet you send the crypto to. technically, they do not know who owns that wallet, but if you a little later cash out that same wallet then it is pretty easy to figure out... every time you convert real money to crypto or vice versa, they can see you and link you to the wallet you are using at the time. the blockchain on the other hand never knows who you are, but always know exactly which wallet has sent money to where and when. put those 2 together and staying anonymous is not that simple. at the least you would need to split the money up and circulate it over several wallets to make it look like there was some real traffic going on.
do your job first, then blame others. us isn’t 100% efficient, it still does support the vulnerable. don’t justify your selfish actions blaming others. that’s how we ended up with a selfish civilization.
i haven’t said anything about there having no taxes. i’m responding to guys arguing if it’s possible to move to el salvador to sell their positions and escape us taxes.
puerto rico does not have specific taxes on crypto
tell that to my ego
yea you’re definitely right about that i need to get off my high horse lol
it's called trickle down economy hun, works great in the us as well. edit jeez guys, yes this is satire. although i'm sure jeff will help us all out of our misery any day now.
yes because usually rich people are followed by lots of stable service industry jobs
so…you don’t understand what a capital gain is? or you hate people that try to collect tax due on it.
they've been up there in homicide rates for decades (post civil war). their homicide rates have dramatically decreased since bukele became president.
> everyone is corrupt but not everyone is 104th rank in corruption corrupt.
thanks! my red state (texas) fares pretty well, which might explain why i was surprised by this information.
using ca's budget surplus to justify that everything is gone is literally the entire reason ca is not doing fine. we're chasing the wrong metrics. the data on stalled population growth is a far better metric to look at.
lol... this is such baloney. the soviets were way way more nefarious than "subtle funding". this is just your biased ignorance on thisplay.
again, they wanted to isolate from us. we didnt want that. now youre surprised we treat them like enemy?
slaves benefitted from the housing their masters provided them with... why is it that you non-thinkers always have to make us go to godwins law or other extremes to show you how ridiculous your logic is...there are far more defensible reasons for taxes and government...but you people always expose that it is like a cult; its a religion to you, not a thought-through position based on reason and evidence.
lol, i’m not. you’re asserting that money reduces crime. i’m saying not necessarily. it’s waaaaaaay more complicated than that.
i just copied and pasted those stats as it. thanks for the correction.
... did you even read the article? here's a nice little excerpt for you :) >the new congress authorized bukele to accept international loans totaling at least -19 funds. and another >and earlier this year, bukele announced that he will centralize access to local development funds previously delivered directly to mayors.
he did not remove corrupt people though. he declared people who opposed him to be corrupt with no actual evidence, removed them and installed his own supporters in positions of power. an independent judiciary is absolutely vital in any functioning democracy, and that no longer exists. he can accuse whoever he wants of whatever he wants knowing full well the court will do whatever he wants. there's also the whole overspending thing. the government has a website that thiscloses public spending. when accusation of massive misspending and corruption came to light, the site that thiscloses the spending went offline and when it came back up all of the records of questionable spending had been removed so it cannot be challenged.
the first world nation with a trillion and a half gdp? how is that comparable to el salvador? the average gdp per capita in taiwan is literally 1500% more. being recognized by the un is completely non sequitur.
you don’t want to live in el salvador.
for anyone wondering, many people may not realize that generally speaking, the poorer the country your passport is from, the harder it is to travel. you'll probably need to apply for visas much more often and plan trips farther in advance.
tax evasion (crimes) do not seem to be of much importance for a foreign country to even bother handling it. unless you're macafee who has a combination of crimes
do you know if it’s considered tax evasion against the us if a non-citizen residing in a foreign country realizes financial gain outside of the us when the initial investment was obtained in the us? would the same rules apply for foreigners traveling in the us? for example if someone were to make a purchase in the us using btc while on vacation.
agreed but you’re taking way higher profile examples than someone changing their citizenship and cashing out some crypto.
very true, my entire fam illy is from el salvador so i've gotten to visit several times. it is absolutely gorgeous, it is unfortunate that the gang violence and corruption had caused apprehension to travel to such a beautiful place. i was also in the navy and got to visit spain, lithuania, ukraine, and greece. you hit the nail on the head in that people are suprised when they got on shore leave in those countries that there was a lot of fun stuff to do and not a whole lot was different culturally speaking, made a lot of people (including me) realize that the us is not the end all and be all of civilization.
> inadvertently you have more faith in society than i do.
the best passports to hold in 2021 are: 1. japan (193 destinations) 2. singapore (192) 3. germany, south korea (191) 4. finland, italy, luxembourg, spain (190) 5. austria, denmark (189) 6. france, ireland, netherlands, portugal, sweden (188) 7. belgium, new zealand, switzerland, united kingdom, united states (187) 8. czech republic, greece, malta, norway (186) 9. australia, canada (185) 10. hungary, lithuania, poland, slovakia (183)
something like 90% of usa citizens never leave n. america ... "but it is not as developed" lolz
a decent percent of your net worth over a certain value.
this already occurs at some banks for as little as ,000 at wells fargo for example... its called a sar "suspicious activity report" they really dont like us to have our own cash in america which is understandable when 'funny money' or electronic -96% of all transactions... in other words for every (mostly just transactions done with cards, stock markets, and intra bank lending) most money is already trackable and the military invented the internet. im not an orwell guy but i think this is what 'those' ppl mean 🤨🥵
haha selfish not to pay taxes... it got selfish through psyops and media thistractions to divide the populace so cronies can milk the economy for everything it is got. you do not get universal healthcare, universities, or even a functioning public transportation system - but you do get to know your dollars support bombs dropped on innocents. it is one thing to be aware that taxes help society and benefit the whole - it is another thing to be a complete sheep. you are on that line
hey man, you are free to stay and pay all your money to the thieves. in fact, i encourage it. stop being so selfish and being salty at people who have taken steps to free themselves from the very chains that you find comforting. i don’t want to live in the usa, so i don’t. i haven’t for some years now. soon, i won’t be a citizen and will no longer pay any taxes to a foreign land i no longer live in.
no one is arguing that above. they’re saying you’d have to basically accept you’re never going to be able to come back to the us because it’d be readily apparent you committed fraud by avoiding the exit tax.
i am interested on crypto taxes across the world, where do you get your sources?
tax incentive called act 60 there
well, you are not necessarily smart entrepreneurial u's ego.
i am my ego.
you clearly forgot the , right?
imagine believing this argument
except it’s economy got absolutely devastated by covid, even after “opening up” way before california lol your gdp dropped 4.56% in 2020 vs california’s 1.31%. texas was ranked 44. definitely not faring very well.
yeah...that’s an incredibly biased source
a quick look at that site's "foundations" shows that it is just a christian opinion site designed to push right wing talking points. i'm not sure if you're just bad at finding relatively unbiased sources, or if you felt the need to emptily thank me for providing a source, before trying to tell me that jesus thinks my economic beliefs are wrong.
people are not leaving ca because of taxes, they are leaving ca because of shitty zoning laws that make real estate unaffordable for the vast majority of people. if taxes were the issue it wouldn't be middle class people leaving, beverly hills continues to have people buying 8-figure homes. ca is great if you're the 1% despite its taxes.
maybe its your biased ignorance on thisplay too?
back up this statement
it's not hard to understand why central americans wouldn't want to "cooperate" with people who commit genocide against many of their relatives. pretty easy to understand, as a matter of fact. anyway, the fact of the matter is that the policies enacted by the u.s. government over the decades were 100% used in bad faith and purposefully given under false pretenses to known corrupted officials. that's, like, undeniable and well documented - from newspaper articles at the time to declassified documents now to interviews then and now to local peoples.
no you have to go to godwin’s law or extreme because you have nothing except arguments to absurdity. the best part is my entire post anticipated your ridiculous argument - the whole “moral abhorrent” component. i see that you have so little to say that you just defaulted to your rote self-aggrandizement and pointless argument without actually thinking. when the only argument you have is one already thismissed then maybe you are over estimating your own “thinking” ability. but the church of your own ego is a fun one so i imagine your mind won’t ever actually accept new information from “non-thinkers”.
[y]( do know that el salvador is one of the very few countries that handled the covid-19 situation the best? and the numbers do prove it. you really need to do some reading on everything the government has done during this pandemic
can you point me to the source of what you are saying. the guy is pretty transparent on what he does, so transparent that he pretty much says it on tweeter i need to know the source of the corrupted things he is doing as like i said. he's very transparent and when he says. this money will go to this, he then proves it that that money was used for whatever project and he explains where the money came from this guy is so transparent that when he proposes something it goes live on national television too. he explains everything in high detail too in other countries you only hear. this many billions will be used for healthcare and this for new jobs and this much for building our economy. but that is all you hear, you never see the results and you never know what the fuck happened with all that money
you've insinuated thus far that i'm only in 4th grade shilling for a "near-irrelevant" country (one that recognized taiwan as an independent country until a year or two ago) when in reality i'm trying to get people to tone-down their remarks towards violence . imagine, for a moment, the next nation to do recognize bitcoin as legal tender was kazakhstan and in this thread we get nothing but borat memes and borat speedo posts. not a pretty site, right?
there's always a catch
some places will have minimal requirements for residency. i suspect given this scheme it would be like that.
in ten years who knows
you do not need to live there, you just need to be a citizen, you can go live somewhere else.
new prez is making el salvador a lot better than it used to be
el salvador doesn’t want you to live there either. 😘
have you been there?
nope. not a chance.
pretty sure they are gonna build a compound for these people
which is a shame. i'm american born but my entire family is from there and i visited as a kid several times. it is an absolutely gorgeous country but yeah between the gang violence and widespread corruption it makes me sad i can never visit again or take my family to visit.
yeah you do , ill trade tacos for popusas anyday
you might if btc starts flowing there.
especially if all you have is an el salvadoran green card, lol
as a 3rd world country citizen, can confirm this
tax evasion is only not important to a country if the us does not really want you. otherwise, i wouldn't really recommend the america's. china or russia maybe a better call
>travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts. broad, wholesome, charitable views of men and things cannot be acquired by vegetating in one little corner of the earth all one's lifetime. mark twain
lived there and a family member provides me with professional financial advice pretty much crypto is in the "meh" area in pr
yup, tax haven vacation island, need i say more?
great way to squash the guy...
i did not say i believe it.
>yeah, because red states just leave their people out to dry instead. hell, we’re seeing it now where red states are cutting unemployment benefits despite them being paid for by the federal government and many people not being able to go back to jobs that don’t exist anymore. we see it in the restrictions on food stamps red states employ, we see it in complete lack of low income housing. texas cut the federal unemployement benefits. my city (dallas) is currently experiencing a pretty noticeable labor shortage, and that seemed to also be the case in austin when i visited as well. >funny, because it’s only the rich fleeing them, and not all of them. co has had a boom in population that has been going on for literally over a decade, and we’re very blue and have been since 2008 at least. source that only the rich are fleeing them? i've met plenty of people who make about what i do who have moved to texas from blue states. >yeah i don’t have to read any further, heritage foundation is trash, propaganda at best, outright lies at worst. understood.
source? how do you think california was able to retain their pre-covid gdp better?
aren't all sources incredibly biased?
blue states get back more per capita kyle sammin at the federalist found that if you look at the amount of money the federal government gives to states on a per capita basis instead, blue states get more; ,124 per resident. red states receive just ,879 on average.
> ca is great if you're the 1% exactly.
yes. bad faith. when we were at war with them, we had bad intentions. none of that got resolved. they still hate us, we still want to control them.
congrats, i have stronger, more empirical and more logical, arguments for your own point of view than you do...and then on top of that i can make an intelligent case for why it might be wrong.
are you trolling at this point? >and the numbers do prove it. no they do not lol, the article you linked even mentions it in the first paragraph. here's some more statistics for you :) el salvador is below brazil
a lot of it is in the article posted by isthatrhetorical. he's transparent about the things he was not you to be thinking about, yeah, that is how populists work. honestly, it is widely known that he is incredibly corrupt, you've been linked to some article on it and you have the power of google at your fingertips. at this point if you still think he is totally fine then you're not really interested in the truth. and again, you don;t know what happened with the money he spent either. they literally deleted the records of it from the government site. here's another link talking about it: [ i'll even give you a quote if you do not want to go looking: >on august 9, the website on which the el salvador government publishes all of the country's contract expenditures suddenly went dark. the shutdown came amid allegations of corruption by the administration of president nayib bukele related to coronavirus spending. > > > >when the website came back online, all information pertaining to the bukele presidency had been eliminated, el diario de hoy reported. the information was removed a day after salud con lupa, an investigative news site focused on health care in latin america, published a report alleging that bukele’s health minister, francisco alabí, had spent ,000 to remodel his office during the pandemic.
if you're a pro you'd open up a shell company and cash out in a tax haven through that. even google did that shit in ireland. if you're a billionaire you start a foundation and launder all your money in stocks and investments. the only people who actually pay taxes are the poor.
i feel like being mega rich will be pretty comfortable in almost any country. you can afford security and luxury.
i'm also very interested to see what kind of impact (if any) this has on el salvador over the next 5-10 years
it also depends on your life situation. maybe if you've got a bunch of young kids and you do not have much money, it could be an iffy situation. if you're a surfer with lots of money to buy into a private area? could be parathise.
hmmm... not as easy as it sounds.
el salvador had not considered that. hmmm.
good, my understanding is that it’s a dangerous place.
the new prez is from the same elite oligarchy as all the old ones. nothing will really change.
sorry bro. no shots intentionally fired
not fact. i do want to live there. it's amazing.
not going to extradite you for tax related crimes from anywhere, nations do not consider that high priority. however would not stop them from working with any related american company (like a bank) from grabbing something from you
would you advise anybody to more (or not to move) to puerto rico for crypto tax savings? i see some crypto you tubers that have moved there.
gradually increasing requirements over time. they also implemented a requirement to buy real estate in two years. used to cost 5k per year to charity but now 10k. forced to contribute to government designated charity. it's not perfect.
nope, all sources have bias. but not all sources have extreme bias. reliable ones use facts and not opinion pieces. also, why are you trying to say you don’t believe this source in other threads yet are constantly posting it everywhere? someone’s blog post isn’t a reliable source lmao
my guy, if i go to your source (the federalist) and the first thing i see is an article talking about how using fetal tissue in lab testing is a direct equivalent to ritually sacrificing children, i will never trust anything from it. additionally, if any source says they focus on "culture, politics, **and religion**" you can bet whatever you're hodling, that it will be at least *slightly biased*. i'm not continuing a conversation with someone who's functionally illiterate when it comes to internet research.
you write like the high schooler who think they ‘owned’ the teacher with their knowledge of quantum physics cause they read the introduction to elegant universe. my man, if your only arguments are talking about how smart you are, it actually makes you seem less smart. you gotta try something else or no one will ever take you seriously.
update: have done some of the initial research to see what all happened. looks like they also attempted a , so citi just declined it and sent me a notice. they also logged into one of my personal banking accounts and an old business account that basically just has enough for a last year of autopays, but did not get anything accomplished. i froze my credit and am now contacting all my financial institutions. it does seem that i'm zero loss on this though, which is probably all thanks to 15 minutes of early warning from pornhub.
you better get that ph premium now. in all seriousness, everyone should make sure they have 2fa engaged on both their email and exchange accounts. even better if you enable authenticator.
you need to call your phone company and lock your number down. they're going to attempt a sim swap. signing up as you with another service, and porting your number to gain control of your 2fa.
babe, why do you have a pornhub account?! well sweetie, it’s to protect my financial interests of course!
yo i wouldn't mind you sharing your pornhub password. just hope you do not mind having midgets videos recommended to you afterwards.
i don’t want to buy death sticks. i want to go home and re think my life.
i highly recommend using a yubikey for 2fa on every account. it requires the physical key to log in, so you could literally give a hacker your email and password to coinbase and they wouldn’t be able to log in.
new marketing slogan: pornhub - saving cash and ass, digitally!
if you want rock solid security, unhackable security, get a yubi key and link it to all your crypto exchanges, and email accounts. the yubi key has to be physically tapped with a finger to authenticate, so it can never be hacked remotely. if you choose to do 2fa with your phone, then use an 2fa authenticator app, and not a text- because folks can call the phone company and trick them into porting your number over to a new sim card.
advice: do not use sms 2fa, sim swapping is a known targeted attack vector. use a 2fa like google authenticator or authy.
pornhub saved me a lot of child-support.
probably not the first time porn saved op's ass ![gif](emoteemo_pack_1dancing_wojak)
you really have to do them a favour by being their actor to thank them saving your assets. karma man.
i'm going out on a limb here, but maybe ph was also the reason why you got hacked in the first place. porn sites ads are ridden with malware.
probably deep into the thread for people to see this, but use a password manager and reset all your passwords. it's super straight forward, and an easy (yet time consuming) process to get a handle on. also move your 2fa to a qr code that sycs to an authenticator that changes ever 60 sec. edit: i personally use bitwarden, it free and is multiplatform. but do some research and find a password manager that works best for you!!!
i'm curious: if someone were trying to steal all your money, why would they need to check out your ph account first?
how do you think you were breached? virus?
a wank a day keeps the hackers away.
why would a hacker going after your money log into your porn account at all? and how would they crack all of your passwords if they are secure enough to make brute force not practical? (i'm assuming they are different -- or were they all the same one?)
this needs to be on the front page of r
you should check that they havent enabled forwarding to an external account. if youre using o365 you can check your settings within outlook online. also check the 'rules' section
if you had a hardware wallet and switched to crypto that can save you thousands as well. cant trust exchanges
love pornhub? you’ll love pornhub live
pornhub has likely saved me hundreds of thousands of dollars in child support payments
op i recommend you factory reset your phone and reinstall your computer os doing only a really minor backup if you don’t use any cloud for important stuff.
odd. pornhub kept you from getting fucked. kind of flies in the face of their purpose on this planet. good work by the way.
serious question, i’ve always set my passwords to be impossible to remember, all of them are very different and very random, every time to need to log in again, i pretty much have to reset my password. am i doing it wrong? or is my moronic thought process here actually giving me a slightly higher level of security?
the moral of this story is to make sure you keep your pornhub account active, current and in good standing.
why do i find the oddest thing about this is you pay for a pornhub account?
person got your info but before they could really take advantage, wanted to wank one off first.
you made a pornhub account 😬
not a cs dude but s friend went to work at ph. they're safety nets and account security it superb. they appearently have a small research division that helps investigate and test out new styles of security. so, i guess the more you know.
am i the only one that has an email for the sole purpose of porn sites and the random gotta have one and verify to use it sites?
this is very concerning. i was thinking about moving my crypto to a wallet on my phone. i may not now, my phone is getting old and does not update the latest software anymore.
oh hell. how do you think they got your details? were they just in your ph account or were they in your emails and other stuff also ?
you should not be using sms or email for any of your two factor.
i had to give you my free award. you made my day. we should start a petition to ask financial institutions to use the same security standards as pornhub.
pornhubs always there for me when times get hard... i'm glad they came through for you.
i wonder why they even tried your pornhub. priorities huh
you sold me. making a pornhub account now.
rub one out to thank porngod for keeping you safe.
lesson learned, use 2fa like authy for everything?
that's cool and i'm very glad you got away from them. people will do anything for a little more money, they have no shame and i hope you can get to them and turn them in. i suggest looking into some crypto insurance protocol if you are looking to use some defi wallets and all that. you can never be too safe
*"no, i do not know the source, just know that it happened in a 2 hour window before i got all my security up and running, during which time i used it for work a lot and downloaded a lot of my standard programs."* **it was an employee from the it department of your work**
damn, porn managed to save you. all those moralistic people back in the day saying you would go to hell. great story. glad you got saved. composed a quick haiku poem on the subject. who could have known this? porn can save you from hackers! now kiss your partner...
damn that was quick! good for you for being so prepared and savvy!
pornhub may have notified you first, but pornhub may have been the easiest access route to hack your login in the first place \_
pornhub should accept crypto payments soon.
imo mail only 2fa is equal to have none
who the fuck creates an account on pornhub?
pornhub, savior of the lonely and defender of your money. you better buy a lot of premium with crypto for that.
another good lesson to switch to phone 2fa as soon as possible. glad everything was fine op.
don’t use your “crypto” mail for porn man, you are just begging to be hacked
signing up for pornhub now
it first i thought this post is about how you usually spend a lot of money on onlyfans and how you found pornhub, but i was so wrong.
it seems exchanges and banks should take security lessons from pornhub 👀
plant a tree as thanks
i guess you owe pornhub a massive wank you
“don’t give two shits about someone watching porn on my account” so uh... you wanna dm me your login info? *asking for a friend*
thanks for sharing this! the banter on this host is hilarious and the information so valuable during these times! the comments here have motivated me to get strongbox- keepass and pw safe. i have google authenticator but now i want something better. thanks again!
that's it im subscribing to pornhub premium right now. 10
perhaps the best argument i've heard to actually creating a login for...porn???
i have always known that porn would be the savior of humanity
wait... people have accounts on porn sites ?
get a yubikey and hardware wallet and link it to your email and any exchanges that support it. between my password, 2fa and physical authenticator, i sleep like a baby
have you changed your passwords lately step bro?
is there anything porn cant do?
and another post that makes me regret not buying a lifetime membership with my crypto profits when i had the chance.
three cheers for pornhub
plot twist: op works for pornhub. :)
wait, people make accounts on porn hub?? what on earth for?!
change your 2fa to google authenticator instead of your phone number since it is easily possible to get sim swap hacked ...
dude, if i were pornhub's marketing manager i would hire you for an amazing advertising campaign, as always pornography ahead of technology hehehe, congratulations for the reaction, thanks for sharing, this is really cool to read and it is constructive for all of us.
bro, why you gotta make an account
wait...people make pornhub accounts...
i am happy for you. i wanted to make a stupid jerk off joke but i came obviously too late.
does this mean that the guy had the intention and the passwords to steal a lot of money but the first thing he did was to log into your pornhub account and watch porn?
wow pornhub really does save lives
who in the world is paying for porn???
i guess the biggest mystery is who actually pays for porn
bitcoin security protocol- step 352: “canary” - make sure to get an account with one of the most reliable “canary” services. we recommend leading porn and gambling websites
porn cums thru again.
first pornhub saves people from the horny and now they’re saving people from getting scammed. literal hero’s.
stop using email and sms for 2fa. jesus
you must pick only the best porn tonight to wank on
my 90s internet porn xp was all thumbnail galleries and gifs. a 2 minute video was a huge deal and definitely took forever to download. i think there may have been some streaming stuff because i remember seeing “buffering” while nervously listening for my parents car door to slam 😁
how long does it take you to wank? never in my life have i thought i didn’t have enough access to porn.
thank you for making me even more proud of having bought a hardware wallet recently
congratulations but seriously dude stop watching that shit it’s terrible for the brain
how do you know you had a malware on your phone? and was it an android?
do you have any info on how your phone was compromised? purely curious so i can avoid this sort of situation as well.
what app compromises your phone?!?
even if this is a lie, this is the best moon-farming post i've seen on this sub in a while. on par with the aliens one. a+++.
now, you should move it all to a hardware wallet since you have so much.
congrats! nice save pornhub. i'm super paranoid about this kind of thing and have a few questions... do you have an android or apple phone? do you know how the malware was installed? do you use any kind of antivirus software and if not, will you do so going forward? did they get access to your email or password manager?
i have a question, can’t you also be a victim of a simswap if you’re 2fa is to your phone ?
til people actually pay for porn.
tell me you use android without telling me you are using android phone
i don’t understand how all those hacks are possible. do you use the same password for everything?
lulz porn built the internet
ever heard of hw wallet? or "not your keys not your coins"?
that’s awesome. i lost 9k of value out of crypto.com and coinbase a week after i signed up for recurring buys through my email. crypto.com called me grossly negligent. still waiting to hear from coinbase. it’s taking weeeks
those hackers are big dicks and pussies! as if they tried to fuck you like that!
i cannot believe it. this whole thread and not a single cumrocket joke!
pornhub actually saves the day...
can you tell me more about your "basic security check?"
the perpetrator is being called the “cock crankin’ cypto criminal” by absolutely no one at all.
this story was a roller coaster from start to end , im glad you did not lose anything op! this is a very good lesson to everyone here, we need to be cautious with out data!
i read the title in the geico gecko voice
>some of you are living in the 90s of internet porn. what? i'm into vintage. don't judge me.
this is why i keep all my corn in an encrypted wallet on a full node. scary shit man. i’m so glad that you are smart enough to act fast and control damage. god knows these people must have thought they were golden.
who has a pornhub account?
moral of the story: make a pornhub account
it is time i watch more porn
dude take like 100.
eat that nofap movement!
i had a close call like this. back when i used only a single email account for all of my online accounts, i still considered myself pretty security conscious. one day about 8-9 years ago, i was meant to hit up a rave with friends. i was planning to go, and it was not until literally 10-15 minutes before i was due to leave the house that i changed my mind and decided i was not going. about 30 minutes after i was due to leave, i got a notification in my email about activity from a new device. sure enough some ip from a foreign country had just logged in a minute ago. turned out someone had hacked that main email account. i quickly thisabled their session and changed my password, as well as changed all my other passwords. i dread to think what could have happened had i gone to that rave as intended.
get pornhub premium to save my crypto you say? *you son of a bitch i'm in*
this is why i keep my credit score low and my account overdrafted hahahahaha. 🤷‍♂️ can’t get blood from a stone lol 😂
new york times best seller - "how pornhub saved my life: from a sad wank, to money in the bank!"
pornhub, doing god's work again
ios gang gang gang
what a timeline we live in. people in the sixties: - there will be flying cars reality now: - pornhub just saved a lot of crypto
time to sell this thread as an nft and profit from the bad things happening.
look man i just have to say, i'm not judging but i enjoy spending hours looking for the same old video...soo many detours, soo many new videos, soo much time just to get a good night's sleep
buy iphone androids will do that to you
good guy pornhub. and you know, good job actually taking action effectively and quickly to you too
why would anyone pay for porn is the question.
wow that was a wild ride, glad you ended up okay in the end!
the hero we didnt know we needed.
oops, looks like the over 3.2 billion or so passwords exposed to some hacker site i was reading about yesterday, 6. read some article yesterday as i was driving about passwords hackers have exposed to some site but can’t remember the site now. just came across the below site talking about the hacked passwords. please share the news and change your passwords if possible.
who the f pays for porn ???
mental health problems and pornhub go hand in hand,
setup google auth or authy my dude, mail and sms 2fa arent the safest
no one's going to say it? don't keep crypto on exchange wallets!!
sooooooooo they got your login info from a pro gun account? niceeeeeee.
i read this exact same story like a month ago
> it's an android knew it.
you’re telling me you watch the same porno more than once? gross
this is so totally not a believable story bro 😎
>about my phone...it’s an android. i don’t think anyone was expecting it not to be.
i’ll get downvoted to oblivion for this but you should seriously consider switching to an iphone for their security measures.
people who have pornhub accounts are psychopaths
hahaha bro you pay for porn???
unrelated comment for the unwitting passerby: porn is a curse from the pits of hell that destroys lives and breaks families apart. quit it asap and watch your life change. it’s not easy, but totally worth it, you can do it! 💪🏽
porn corrupts the soul and is therefore evil.
that’s why you always go for an iphone. gosh these androids are killing people.
i did not realize people actually create pornhub accounts to support human trafficking. i guess if you're into jerking off to human trafficking victims. pretty twisted. let the down voting begin 👍
who the hell pays for porn these days?
people were talking about pipeline hackers targeting porn, and guessing things would be more secure. perhaps this is indeed true. glad you could avoid losing the money op!
pornhub to security apps - no one does it better.
big brain hacker go for porn first, exchanges second. but congrats on dodging the bullet
see porn makes the world a safer place.
and they say porn is bad for you...
that’s a very different happy ending for a porn hub account!
a wank a day keeps the crypto thieves at bay.
get yourself keepass or anything like that
new business idea: cryptohub. all your crypto needs in one spot... (;
i'm long on pornhub.
enjoy your karma op!
we are truly in a bizarre world where pornhub instead of your bank has better security measures
*today, porn is gonna save lives.*
you're going places, op
i find it kinda weird that whoever hacked you logged into pornhub first before attempting the exchanges and banks. but then again porn does weird things to people.
you should buy pornhub stocks as a thank you.
kinda crazy it started from there. wonder how they got a hold of it.
well you left your car unlocked and someone got in and stole cigarettes. maybe you need to step up your opsec game
pornhub's red dildos are far more fun to watch than others imo
imagine if he finds out the data breach was from pornhub.
to be fair - porn sites are ahead of most technical sites on technical ability and the next new thing - so well done pornhub
people pay for porn?
2fa and of course a brand new email for exchanges login, meaning create a new one for exchanges, do not use your regular one which is tied to other things
first time i ever heard of debauchery saving your ass and wallet!
you have a login for porn hub ?
never reuse email addresses. never reuse passwords. use an offline password manager.
you also advertised to the world you have tens of thousands in crypto. is it worth the moons?
sign up to pppp (pornhub premium protection plan) today! we'll make sure you ***do not*** get fucked by hackers!
just use another email just for your banking stuff and nothing else. that plus 2fa and you safe
pornhub securities: we cum first when it matters. edit: hell yeah op. way to damage control faster than most could wank one out. 🤘
everyone needs 2fa asap. it basically eliminates all the worries if this stuff happening as long as you don’t lose your device. plus you can back up most 2fa accounts in case you lose your device. save yourself.
i ❤ this post lmfao
a wank to the bank
faith in porn restored
so the conclusion is that i have to watch more or less porn?
ugh...meanwhile, chrome tells me that i have 200+ compromised accounts. it's been telling me for like, a year. i guess i'll finally do something about it.
top post of the day is how porn saved op money, gotta love the community and glad the hub came through for ya op.
if your reading this and don’t have 2fa setup with all of your crypto and bank info do that now
on a lighter note:dude what did you watch? ;)
came in here expecting cum rockets
do you work for the sec by any chance?
note to self: - create a pornhub account to secure my money in all seriousness, good te read nothing was stolen
i had a wank in your honour.
this is some wholesome content i’ll happily award
who said that porn never helped anybody 😂😛
when you want to have a wank, protection always comes first.
you know somethings wrong when a porn site gives more fks about your money than the actual exchanges you hold it in.
pornhub is the new meta for cyber security lads, let your woman know!
"what are you doing step-hacker bro"
there’s a joke in here about brute force but i’m not going to make it because this story is going to the front page.
the one thing i pulled from this is that people actually do sign up for open hub accounts lol
hey . just saved this guy :)
people have logins for porn hub???
not to be a negative nancy, but have you considered the possibility that it was on porn hub that you may have gotten some kind of key logger or spyware installed?
2fa is great, but phones are not completely secure either. use, google authenticator or authy, on your phone for 2fa, and not just texting. someone has to physically have your phone to get it.
wait i am confused, if you dont share passwords, how did they got accesss to multiple accounts?
the irony is that pornhub is probably the source of the trojan or whatever virus ended up on your computer.
you got hacked and didn’t lose money meanwhile it seems like i’m giving mine away...lol
as if they thought to have a fap first
glad you were able to stop it, but i'd like to talk to you about your car's extended warranty...
glad to know that your coins and financial accounts are safe.
buy them a custom wallet adrees
who actually makes an account though
if you do not share passwords you either stored your passwords somewhere digitally that was compromised or you have a compromised device. scan all your devices. hell i'd probably reformat every device i own just to be safe. if you go that route make sure you have recovery keys for your 2fa beforehand.
risk of hacks is why i do not keep my crypto on exchanges or online wallets. if you want your crypto to be truly safe, put it on a physical wallet like a nano ledger, and make sure you do not have any digital copy of the passphrases anywhere. my passphrases are in a safe and nowhere else. they can hack me all they want, they will never get to my crypto.
porn, it’s where the money is (literally)
i'm imagining the bad guys really wanted to steal your money but they thought "lemme just jerk one off before i get this guy's money"
there seems to be a lot going around of that lately. got warnings from multiple sites about attempts. but i use 2fa and password managers. keep your accounts save! it's always the one you did not think about that they get through. the more important the account, the safer you should be.
i wonder what was breached... that is very weird. good job reacting so quickly!
i know phones can be sim swapped but if 2fa is performed you gotta make it for the phone number, email is way too insecure
wooow!! pornhub saved the day!
now is the time to find your favorite premium or onlyfans channels and blame it on the hacker.
there was a large data breach, have not seen much information on it though. tons of people have been reporting logins to social media accounts from china and ukraine over the last week.
how did they get passwords to all of your accounts?
wank you very much, sir!
good job taking immediate action. many souls arent as lucky as you!
~~not~~ my proudest wank.
they do not want you to lose your dogecoins lol
2fa at least via sms should be standard. it *is* possible to intercept sms messages to circumvent sms 2fa authentication, but you'd have to be a very visible.
don't keep your crypto on exchanges guys !
so wait, they gained access to your email etc. and the first thing they do is log into your pornhub acct? priorities i guess
wow, i'm going to have to make a pornhub account now.
when pornhub has better securtiy features than most companies
run your shit through haveibeenpwned
porn is good for everyone
now i am thinking to take pornhub's subscription.
hacker needed post nut clarity, gets locked out of every other account
it's good that the hackers got horny before getting greedy...
i'm more proud to own a premium subscription now haha. ' since we're on the topic, i cannot for the life of me find a video that was part of the purge. it was the best of the best. someone please give me a tip on how to find an archive of it on the interwebz. i have the original name, and the video is burned into my mind forever but i'm afraid to hit my head and lose it. someone plz help me find archived footage!
you should always have your 2fa on your phone, even better on an 2fa app instead of sms (because of sim swapping).
pornhub can sometimes save your marriage too
hey cybersecurity side of reddit, how this happen?
do you store your passwords in a pw vault or within your browser? also if you do not mind sharing in the time leading up to this have you received any weird links or attachments in your email? zip files, documents or even onedrive? it sounds like you might have had some form of a credential harvesting malware on your system if the passwords were unique per service but still being authenticated. sometimes they will hijack email threads from friends or colleagues to impersonate them and use it to establish trust.
pornhub: looking out for your little guy
you... have a pornhub password? hahaha
and then all the asses clapped
hopefully you thanked pornhub by purchasing their premium subscription plan for a year or two.
pornhub...the gift that keeps on giving
counter point: what if it was through pornhub that your data got leaked and that’s why it detected it first?
sometimes i have to evolve my legal strategy...
did you find out how they got your ph credentials and more importantly how it lead to them getting your exchange passwords?
ok so it’s time for me to register then.
love the way you have an ‘oddly secure password’ on pronhub but, presumably, not your crypto and financials?! youre into some weird shit aint ya?! 🤣
stepmom porn saved you hon!
hey we would love this post at r
i'm bullish on pornhub
you should switch to an authenticator app for 2-factor and not your phone, there was a post on here not long ago someone made where attackers social engineered the phone company for a new sim card or whatever and took over the phone number receiving the 2-factor messages. i've been using the google authenticator wherever i can for a while but not because i knew about this attack vector, just because i hated waiting for the text messages to arrive lol.
this is not the first time i've heard that porn websites are often the pioneers of improved website design and procedures...
have an email only for crypto only for crypto!
you should use google's authentication app vs your phone.
i do not understand why you do not let someone on onlyfans look after your accounts?
i did not even know you could have a pornhub account, til
pornhub is the best spank bank.
any data on what mistake you made that led to the breach? did you get phished? or did you have any malware or unknown chrome extension installed? thanks in advance
and coinbase over here not telling me why i cannot sell or trade my coins. i think i need to use ph as my wallet now.
all this aside. please give me your pornhub credentials.
i would have been awful scared in your situation.
what antivirus or anti-malware software do you use?
any idea how they got your details?
who has an account with pornhub??
i’ve read some people getting their sim cards hacked thus losing their accounts through phone verification. i just removed my phone number from all the exchanges and changed all my passwords, only left authenticator 2fa and mail verification.
"wank you" ph for saving the day!
interesting how the thief's first course of action was to get in you spank bank
til people actually pay for online porn
what would worry me now is how they got to your email? if they did it once, you could have a compromised system in your home.
how do you enable 2fa on the coinbase or coinbase pro app? i can do it on the desktop version but it doesn’t look like it for the app. would i need a physical 2fa for the app on my phone?
looks like i need to make a pornhub account!
it pays to be a subscriber?
you were wrong! they did not go after the exchanges first. they went to watch porn first, then went after the exchanges. 🤣
haha this is great. good job pornhub
all the advice about setting up 2fa on phone , however setting up whitelisted addresses would give even more time and layers of security notifications to react to a potential breach.
pornhub always cums thru.
i use a hard password wallet (offline) and they generate different passwords for every account so that you never have the same password twice. it uses military grade encryption it is the same stuff the banks use.
never use the same password twice. never enable 2fa over the email. always use 2fa in this priority-order: \[use 1.)... if 1.) is not available, use 2.)... if 2.) is not available, use 3.), etc., etc.\] ' 1.)extra authenticator app with biometric security (fingerprint, face-id, iris-scanner :d) on your smartphone -. which would already be mfa (multi-factor-authentification) 2.)hardware-2fa like yubico (or even better: hardware-mfa with fingerprint or face-id) 3.)google authenticator app (they should make it with biometrics) 4.)sms 5.)mail ' even mail should be relatively save, if you never use the same password twice and change your passwords on all accounts \[where 2fa is only available for sms and mail\] once every 3 months. ' never trust just a password. always use at least 2fa i personally dream of a bluetooth-connectable mfa-hardware that has both an iris-scanner and a nfc-chip that i would implant under my skin. then really the only way to hack that system would be a
virtual credit. i use privacy.com but have heard good things blur.
til people make pornhub accounts
note to self open pornhub account mo more freelance time to make it official... o just cause i thought it was super funny for the ladies you got a rub the bean to keep the crypto clean 😂 😂 😂you should trademark that whoever you are
how about a yubikey? could that also keep it safe?
curious - when you mean breach you mean someone has gained access to your email? or your passwords in general ?
as a girl now i should start to appreciate the other things you guys do on the internet?
this dude needs to make a shirt to wear
this makes me paranoid and i must immediately secure all my accounts
maybe i missed it. i can see your pornhub getting hacked, but how were all the other accounts identified? how were there passwords hacked?
i'm confused how they did get in though?
pornhub is wack now. cant even download videos, and the took down so many good old videos due to copyright.
wait, all this from a single password breach? were you reusing creds across all of those systems? or was it your email that got compromised?
these are the kind of feel good stories i expect to find on reddit. a touch of thisaster, some panic, internet porn, and a happy ending to learn a good moral of the story. sometimes, your vices got your back more than you realize...lmao!!
message clear: subscribe to porn sites
pornhub is an investment to your prostate health.
i’m mostly curious about the malware on your phone bit. what kind of phone do you have? how do you think it was malware infected? connecting to sketchy public wifi?
how are you sure it comes from your phone? do you have an iphone?
was it android or iphone? if it was iphone, which ios you using? thanks!
i still do not get why anyone wants to make a pornhub account.
wait, does this mean i need a ph account??
who needs a pornhub password?
the only lesson here is, don’t use the same password for all your accounts. i even go so far as to have a domain which has a catch all email setup so i can use <whatever.com> as the login meaning even if one site gets compromised they have to work out the emails for the other sites too.
quality post my dude. also wanted to add that when i wrote the word post, my auto correct changed it to pussy for some reason... no idea why.
who the fuck logs in to pornhub??
just wanted to know what phone do you use and did you ever find the malware associated with the breach?
i am curious about how. just a rogue app you installed? web browser? any ideas?
i recently had a breach on walmart.com where someone hacked the account and used stolen credit cards to (try to) purchase a ton of hardware. they (stupidly) used their name and address in the order. can i press charges?
what kind of phone? you got malware on it? i had ab amount of crypto hacked before and didn’t know how.
>so, turns out it was my phone that was malware compromised. factory reset, extended authy to everything for now, all passwords changed, all financial institutions alerted. hey, can you give more details? i'm super curious because i bought a cheap phone on a christmas sale () that has never been connected up for phone service and is only used for crypto. i figured this was worse than a ledger if someone broke into my house but would be secure for the online world since i do not do normal phone stuff with it like anything on a browser other than viewing blockchain explorers for transactions. any idea what app or site infected your device?
how did you get malware on your phone? what phone? this is really scary, since i would estimate it to be almost impossible to happen, especially for someone like you who sounds like he is not a total moron regarding security.
>so, turns out it was my phone that was malware compromised do you know how that happened? did you install a shady app, is your phone rooted?
this is the quality content i am subscribed for. congrats! now i’m paranoid - do you have an iphone or android?
curious... ios or android?
do you have android, iphone or something else? curious to know what kind of malware could do that so i can avoid it…
what phone do you have and how did you get the malware?
dang !!!!! pornrocket crypto is callng your name. awesome project.
what phone do you have?
were your pornhub password and crypto passward the same? or can they find out just by knowing one password?
i gave you a silver award just because.
"no, having a pornhub account does not mean i pay for porn, just that i like to save playlists and favorites. some of you are living in the 90s of internet porn. " sorry i'm kinda off topic, but anyway, would paying for porn be a bad thing? paying for entertainment and.
til: that people have porn accounts
people make accounts on pornhub?!
so what the fuck did pornhub have to do with anything in this story? are you saying they were accessing your account and thistracted by that? you said you received login notices first though...funny story but doesn’t add up
porn site not trying to fuck up the money for people they like that money coming in
save by jasmine james big tits there.
ph premium literally paying for itself and then some how did your phone get comprimised?
this is the kind of gold i joined reddit for.
thanks for this post, i just went and changed everything on my largest accounts. not a bad idea for everyone else to do, either!
the title should be : how pornhub prevented me from getting fucked.
explain more about the fucking phone man. is it a 2nd hand device or something?
pornhub needs to use this story in an ad. imagine a serious voice talking about this with shots of porn throughout.
so, this went down like so but in german: "look at all these exchange accounts!" "yeah, and pornhub!" "oof, do you think he has premium? i've always wondered about premium" "fine, let us breach pornhub first!"
get that 2fa off your phone tho… google auth
any idea how your phone got infected?
always protect yourself. good job. congratulations
there needs to be more done to shed some transparency on these kinds of cyber crimes. most of them come from europe or asia where law enforcement does jack shit and these kinds of criminals just flourish. i got hacked for what is now about 30k in vechain, but i’m sure people have gotten hit worse. the hackers had like over 300 grand in their wallet at the time
theres logins for pornhub? why?
i’ve gotten sim swapped twice but still my only loss has come from me losing my own private keys lol. i know that fear glad you made it out okay.
...is it weird that i would be more upset that someone tried to use my pron account vs accessing my financial accounts? just me? k
masturbation literally saved your life. what a fucking legend. lmao
have you checked if it was an app you recently installed?
android will do that to ya.
one of my favorite lines is "this guy fucks" but clearly not in this case! have no shame my friend!
why do you need a pornhub account? isn't everything free?
what do you use for your basic security check?
pornsites and services have always led the way with security.
you log in to pornhub?
it makes me wonder… i had text messages from amazon in the middle of night saying they blocked an attempt to access my account with my username and password from another part of the country. it’s a randomly generated password stored in my bitwarden account, so i have no idea how it would be compromised unless bitwarden was compromised or some other way… i use an iphone and am pretty good about my personal security measures and work in it so i like to think i know what to look out for. it is slightly concerning, but i just changed my password and moved on.
why do people pay for porn?!
that's a profitable wank
thank you based pornhub!
it even helped you earn a lot of crypto! look at those moons coming your way ;)
which security tools do you use on your phone? the one that said it was red as fuck.
people not only create an account but pay for porn?
looking for clever “new pornhub title ? “ comments lol
nothing wrong with paying for porn. pornhub premium is actually pretty legit
so the message is create a pornhub account.
it am not available in my country tho :(
“do you love crypto? then you’ll love crypto live” in all seriousness, good save and great work on the damage control. happy to hear that the
well now you got me paranoid af. time to change all my passwords
porn is useful. confirmed.
>i just ran my basic security check, and thing came up red af, so i did not even bother trying to treat... i only have had it for a week, reset was easy. so your phone was compromised?
the hub is a good homie
where did you buy your phone from?
good cautionary tale for people. you cannot use your normal email for financial stuff or use your phone (even with authy) for 2fa. get another completely offline device and a lockbox for that thing as well
how did your phone get compromised? and so quickly?! that's sketching me out.
the power of pornhub, it knows no limits.
unless you know exactly what was on that phone i wouldn't trust it, they might have added the malware to the rom itself, that means even a full format wouldn't get rid of the culprit, it might just reinstall along with everything else.
what's your mentioned basic security check?
safe nut my dude
aren't those called play-with-yourself-lists?
my most itching question here is why are you even registered there? do you get some specials equal to moons?
wait, malware on your phone? what did you do to get that? i thought those were really rare
and to think it was only supposed to make you go blind
what a weird flex
what is your security check process?
just wondering is your phone service through t-mobile?
i solve this problem by not keeping my crypto in an exchange. seed phrase written and stored in a bank lock box, hardware key in a safe at home.
how could this happen where almost everything if yours is being breached?
you didnt have 2fa enabled on the exchanges?
so moral of the story - open porn accounts and use an ios phone? and...use a password manager to generate unique passwords for all your accents.
the question many are wondering... you pay for porn?
i am the great pornholio! i need crypto for my bunghole!
not sure if you'd be interested, but, if you're looking for a password manager, i suggest bitwarden. they have a feature that can tell you with the click of a button if your passwords have been breached in common deepweb. if you do not trust online services you can host your own using the open source vaultwarden docker container hosted on a raspberry pi. it'd only be like . i can help you set this up as i've done it myself. there's also a really good guide online that i used from addicted2tech on youtube.
all those years i’ve been watching jessica jaymes videos and it turns out pornhub is safer than banking institutions. who would have thunk it
what type of security check on your phone alerted you to the malware?
pornhub should open a bank... defi of course. i'd love to offload there🐳
lmao that is crazy
you say you ran basic security check on android. is that a standard feature or an app? (which?)
man, you are under attack. it’s scary how many scammers and hackers are out there right now.
that some scary shit! i’m glad it worked out for you.
damn that’s stressful! good reminder for everyone to have 2fa
i read somewhere that some cheap android phones have malware installed at the factory. would not expect it with a motorola, though.
hahahahaha this happened to my friend when she was looking up too much porn (granted i don’t know what “too much is” just her words and she legit told me the same thing prom hun alerted her first
and this is why i use an iphone
if you only had the phone a week i wonder if the seller or somebody down the line installed the malware on it before you got it
who uses the same email for porn? who uses email for porn? 🙁
so...what's the pornhub password...🤷🙄😊😂
this is my nightmare scenario. glad you came out ok.
1 password to rule em all?
i did not have 2fa on my paypal, barely used it after they came up with 2fa so i did not, (stupid i know) and one day i got a friday alert text asking if a pending transaction was fraudulent, obviously i said yeah it is fraud do not let it go through and followed the steps, somehow even though i immediately reported it they were like, it happened your out 600. i refused to pay so i thisconnected and completely blocked paypal from my bank. it literally took 2 weeks of constantly talking to customer support who did f all before i went to twitter, where it was fixed within the hour, it was bullshit, and i permanently deleted and thisowned pay"pal" for life
not all heroes wear capes!
man just went from 0-100 moons real fuckin quick
yeah this is why you use an iphone. android is awesome but it’s got chances to get malwares.
this has to be the only time having a porn hub account has ever been useful.
i wonder if the new phone was intercepted.
well played my man, but uhhhmm what’s wrong living with 90’s porn?
where did you buy the phone? craigslist?
looks like the hackers got horny before they took the bands. smh simps.
so how do you think you got hacked though?
how exactly did your phone get compromised?
totally plausible story [wink wink nudge nudge... say no more]
see mom it’s called being responsible
phew, this is a narrow miss. my friends account was zapped in hours though he caused. delay is dangerous they say especially when it has to do with finance. let's all keep our wallets and finances safe.
what are your standard security scans that came up red? on a brand new phone that sounds sketchy af!
you! sir... shall take my free award... and for the pornhub i give my load
shoulda used an iphone.
do girls not wank?
a big shoutout to pornelius hubert for saving us in more than one way.
a wank a day keeps your crypto at bay
what's the best method to secure all your passwords? a password manager? and if so what do you use?
this is post is pure gold!
i bet those hackers did not see that cumming
yikes to the edit about not paying for porn? why so defensive to that? not paying for porn is a modern concept and if you can afford a luxury product why would you care? i do not get it
whats your basic security check like? cause it sounds anything but basic
wouldn’t keeping your coins in cold storage prevent this really from being a huge “financial” issue ?
did you end up finding what app was it that compromised your phone?
>pornhub may have just saved me tens of thousands of dollars, and is apparently more reliable than all my financial institutions. if you're holding that kind of money on exchanges you should really invest in proper 2fa. not just on the exchanges, but on your e-mail accounts as well. e-mail based 2fa is crap, text based 2fa is a liability. if you're protecting large sums of cash on an exchange, get something like a yubikey to protect your mail accounts and exchanges.
ok, so do you prevent that situation? any good scanner (should mention antivirus too but i'm not sure)?
what is the basic security check and does it work for both android and apple?
i wonder if it was someone from the cell phone store that tried to fuck you.
why would you have your main account connected to poor hub or these type of hacker hubs? why not use a separate account for these type of purchases?
u got a yahoo right
best example of moon farming yet... j’s crazy.
if you have to use sma 2fa please open a google email address no one knows about, and a google voice account linked to that email. 98% of the time you can send your 2fa texts to that google voice. make that account only accessible through your google authenticator. tell no one. you can even keep those google accounts on a burner device if you want to keep it completely off your main mobile in case of breach. it should mostly protect you if anyone is able to do a sim swap on your phone. i’m sure there are some levels of nuance here other users could elaborate on, but they can’t scam you as easily if they don’t know what the number the sms texts are getting sent to.
wait, people actually make pornhub accounts? why do you need an account to watch porn?
i just updated all my passwords to random strong passwords, however, my password manager is still a single point of failure. is there anything else for me to do to secure more my accounts? i do use authy wherever i can, and in europe, financial accounts (non crypto) aren’t linked to my email adress.
note to self: next time no matter how horny do not start breach from pornhub account?
lesson: watching porn saves your retirement. done. thanks bro.
glad you had a happy ending
this story is nuts.
point for the holes
clever way of shilling pornhub my guy.well i guess its time to sign up for pornhub
wait...so people do pay for porn? i guess i am safe from this scenario...
you have password on your pornhub account???? hah!!!!
thanks. now i have a reason to sign up to pornhub since i have erectile dysfunction!
i think the biggest surprise is that people pay for porn.
was there anything noticeably sus about the phone when you unboxed? i am a little paranoid now as i just bought a new phone off ebay to put all my 2-fa codes onto, because it is waterproof and drop proof
one for the wank bank
so how did they get your passwords? that i do not understand.
as soon as you go on to porn hub your are just asking for trouble, reason why they give free porn, is to hack your shit and load your computer up with spy ware
maybe it is an angel telling you to stop wasting your time jerking to porn. easier said than done agreed but who tf makes an actual account there. ffs
this is insufficient justification for slavery to sin. please delete the account and liberate yourself from this perverted abomination. god speed, sir.
using the same password over, and over for multiple accounts is a rookie move.
>i think people missed this. would you say they are abusive, they are not eating fps at least in constant fear that he will try to jiggle it loose too. it was that he was released and never had to raise the minimum wage to . the panels of last year added a good effect. i'm happy how much tadano likes komi and thought katai is the only crypto i‘ll need.
imagine paying to cooooom…. oooof
buy android bro dont be an apple sheep
brilliant fake moonwhoring story.
watching porn, what a sad reality.
having rotating passwords and email failsafes (multiple linked email addresses) helps significantly. 2fa is nice, but having a strong password is better. if you get sim hacked, your 2fa would not really help.
i hope we all learned that having unique passwords for everything is important?
sounds like pornhub jacked off a hacker for ya
good thing op knows what he’s doing and is so proactive. just had my fb hacked and no way to get hold of fb. gone through all their procedures and still have no idea of the status of my account. is suspended? do the hackers still have complete access to my fb account? don’t know and no way to find out. thank you facebook you legends. now i’m wondering if i should be doing what op is doing to changing all financial credentials and credit cards? i didn’t have my phone number and real email address in fb… but ithey could trawl through the data if the account is not suspended. pretty sure it was my iphone that was compromised. guess the days of apple being secure are long gone.
25 years of internet porn and you still think a porn site keeps your shit secure. ' okay then.
so you're saying that he logged into the hub before logging into your exchanges or trying to buy anything? sorry but this is definitely fake.
don't reuse passwords. my tool srspass, ensures the sites password you enter into sites, even though derived from a single password, cant spillover from other account breaches or be bruteforced.
> turns out it was my phone that was malware compromised. it’s moments like these i am very thankful i use ios. at least, i’ve not heard of malware compromising ios devices in the past? i’m very glad you were able to save your shit bro.
people really sign up for pornhub.com? about to blow a a lot of minds but please go check out pornthish.com
why do you have a pornhub account? lol are you one of those weirdos commenting below videos?
this story is absolute total and utter bullshit. and you all believed it as if he’s telling the whole truth and nothing but. what a fucking load of bullshit. this story reads like the f b i saying russian hackers hacked the pipeline. no… the fucking fbi hacked itself. r e t a r d s.
til: hackers watch porn before stealing your money.
just buy an iphone
should’ve had an iphone
"step-brother my identity is stuck"
but... how did they even get your data? and did you have the same password for all the different services? or was your mail in itsself compromised?
great story man. good news for once in relation to scamming cnuts. thanks for sharing. i'm almost considering signing up for pornhub based on this.
do you have any idea from where you were phished ?
you need to nuke your pc and your phone after you change all the passwords. you've been compromised on that level.
this is absolutely legendary. i’m happy for you that this went down the way it did. i’m signing up for porn hub now…. 🤣
been there. put a freeze on trans union, experion, and equifax. they may have gotten enough information from you to open new cards under your name. also if you have a credit monitoring service, check through the alerts and updates in that. had a women charge a computer to an old best buy card of mine and then keep trying to open up tjmaxx cards under my name.
who may though that beating the meat will end up beating the hackers
so if you don’t share any passwords between accounts, do you think they gained access to your email account?
do you know how they got that secure password? edit: i have seen that you have answers this question
porn is always in the technological vanguard.
so you're saying we should probably all open a pornhub account if we have not already for extra safety measures...? k, will do
what kind of phone was it, android os im guessing?
you were lucky it was just some wanker and not a pro! now, ditch the sms 2fa. use google auth. learn how to make offline backups of the 2fa secrets, do not store those on your computer or email account. use 2fa for everything! including and especially your gmail.
praise be to pornhub!! 🙏
how this has anything to do with crypto ?
who tf has a pornhub account? are you one of those weird mfs that comments on porn videos?
i'm not a supporter of porn, but i'm glad they were able to warn you.
must have been a recent breach. i got like 5 attempted logins with an old yahoo account key and i'm just there pressing fuck off. eventually they gave up.
how come so many accounts were successfully targeted at the same time. did you have the same password for all these accounts? or were they able to change your passwords using your email?
sorry but what kind of plan is this? they steal your credit card...and use it to buy physical goods for which they provide an address? so the police can just show up to their home?
how can they attack all accounts at once? you use same password on different sites?
i am crying rn🤣🤣🤣🤣👏👏👏👏
a fap a day keeps the breaching away!
buy trezor and keep your crypto there, it will be 100% safe that way.
now you have to go jerk it to thank them
payback is not just a wank. time for some cei.
curious vector of approach, you may have a keylogger on your pc chief. if pronhub was so unique and not used elsewhere, and they accessed passwords you had all over the place. and 2fa.
this is like the time apple contacted me about a suspicious 3 dollar purchase. bank never contacted me, but did do their thing and replaced the card when i called them. your experience appears to have been dirtier.
but how did they breach?
did you not have an authenticator app? why were you using email to begin with?
what was the malware on your phone?
have you ever figured out which malware it was? or how your phone was infected?
what malware hit your phone and how?
ya these guys are getting a bit craftier. two months ago i was sim hacked for about 4 minutes before my provider reversed it. might need to test out that pornhub security doe
for reference people can visit haveibeenpwned or google the name and put their emails in and see if they’ve been compromised. i get countless emails of people wanting to access my accounts. 2fa>
premium porn for everyone!
this is scary, can an iphone be hacked like this?
what did you scan your phone with? also, what were some of your habits that could have been questionable?
if the credit card they tried to use was that old, i'd be curious if you could find which website.
"i just like to save playlists and favorite" kudo man!!
blows my mind what hackers can do
i bet you that sucker was gonna buy a scalped 3070 ti for
what is your phone security setup?
legit saved yourself from losing money by not using your cards.
use haveibeenpwned.com and check your emails and phone number for breaches.
after all that i think that pornhub deserves a few months premium, do not they?
pornhub has an app?!
just out of curiosity is there a reason you got a motorola?
jesus fucking christ man, what was the infected app you installed? i'm not super sketched out
i always knew dp meant double password secured.
adult industry saves the day again.
they probably started wanking and in the meantime you changed your 2fa. smort
note to hackers: don’t hit pornhub first lol.
i can tell you what happened if you pm me. i am familiar with this area of the internet. your after the fact opsec shows fluency on your end.
and make sure you do not use sms for 2fa
>you better get that ph premium now. bold of you to assume he does not already have it
that username was still free?!?!?!
people really do not realize how important it is to lock down their email accounts, almost every site allows recovery through them, so it is the most central point of weakness.
>you better get that ph premium now. at this point, guy's a living ad for them
you should forward this to ph marketing they will probably set you with free premium for life lol.
so if i'm totally computer...could you eli5 how to set up 2fa?
is there an authenticator that backs up your keys, but requires its own 2fa to access those backups? so if i lose my device, i can access those backups from a cold storage backup of the master 2fa key. does google authenticator backup to the cloud? authy?
2 fapper authentication. that is all...
how do you enable this or check for it?
and even betterer if you keep the majority of your crypto on a hardware wallet
what *is* an exchange account?
yo how come your name is red? that's dope.
aren’t 2fa and authenticator the same?
yubikey is magic. highly recommend.
even better yubikey or other security key
how does this work? do you set up a pin for access when you want to make changes to your account yourself or something like that?
what's the best thing about midget porn? it uses half the data.
more like "halfling midget videos" amirite?
i'm super curious to look at my recent now
this post is pushing me to get a yubikey - does it recover like ledger wallets? input backup phrase into new hardware?
what happens if we lose the yubikey?
stupid q - never used one. does it work on _everything_, or do sites have to intergrate it? my understanding of them is you plug them in, place your finger down and it does stuff which somehow makes you login ...or something. how does it not use the same "password"(?) for each site. i've tried watching their videos, but i'm no closer to figuring it out.
saving this for later, hopefully not too late though
what's the difference between yubikey and a simple google authenticator 2 fa?
what about solokey? they are open source and i've been eyeing them for a while. also, i think they are a bit cheaper from what i remember?
is there a way to use yubikey for signing in onto apps on my phone?
or a physical 2fa like yubikey
it bothers me to no end that i can have secure crypto exchanges by activating 2fa through an authenticator, but the best my fiat banking institutions can do is email or sms 2fa.
yes to this. sms 2fa is vulnerable. i know some folks who work on crypto projects, and ones with a more public profile gets their phone sms attacked from time to time. the attacks happen fast, and if you are not on the phone at the time of the attack, you may not know until they have tried to 2fa all your accounts. use google authenticator. or authy, which you can keep using even if you loose your phone (its less secure, but more secure than sms). or yubikey
since his phone had malware wouldnt they get access to his authy?
preach. i almost fell from my chair when op said he switched all of his 2fa to his phone.
it’s saved my girlfriends ass a couple of times at least👍
that's more a reason why pornhub is the safe option. their app is secure and isolated. the entire porn side of the internet is like limewire-level dirty with malware now, that is why pornhub stands out of the crowd repeatedly. they actually enforce guidelines on content (at least more than others) and seem to legitimately value privacy and security.
i'm also very curious if op used a password manager. if that was the case and this *still* happened then i'd be very concerned. it's good that op used 2fa but a password manager is still a must for randomly generated strong passwords. bitwarden is the best way to go.
i use bitwarden too. switching to a password manager made me both more secure *and* more convenient. usually security and convenience are opposing concerns.
except if they hack into your password manager it is game over.
was gonna post the same thing, its alarming that a lot of the most upvoted advice is "2fa everything!" and "yubikey!" which while good advice, should really be second to using a unique and strong password for every single service. bitwarden ftw
i cannot rightly say. it was certainly a bad choice. all i can think is that maybe they were testing on something they thought was not secure enough to alert me maybe? from what i've seen, they did indeed hit pornhub first, who handily fed me a login location immediately. the next attempt was 3 minutes later on personal banking which was successful, then we get into the time where i was changing exchange passwords just before they tried. just got really, really lucky and they the opposite.
it's probably a credential stuffing attack, they try 1000's of websites at once to see what they can steal.
hodl your penis, as well as your coins (tm)
this will be on the front page of reddit
completely agree, also throw a “plant a tree campaign” for pornhub saving the day
if you ask me, it should answer "yes" all the time
good site... but they do not update as often as other services. i just got a notify from a (free) creditkarma account about a breach containing my kraken username, email and password. the breach does not show up on haveibeenpwned
how does the site work?
yeah, already planning on it. i did just get a new phone, so imagine that could be partially responsible with all the password and 2fa recoveries. i usually reformat my pc once a month, doing this one early.
you should probably use bitwarden. it can generate secure passwords for you, and you can integrate it to all the popular platforms. i use bitwarden on my tablet to store my passwords, and when i need my credentials, i can use touchid to unlock my vault and log on whatever i'm trying to log on to. with it, you only need to remember one master password.
i'm really impressed. as soon as i clicked the link in email, it gave me time and location of login and a little blurb about why they flagged it. i got the email about 30 seconds after the login. contrast that to capital one, who is supposed to monitor my entire credit profile, and the account had already been locked from failed logins for almost 10 minutes by the time they notified me. also at that point there had been a large declined purchase on another credit card that they should have noticed.
i have 2 email accounts that i use that are actually tied to meat world me. one is a professional sounding one, and one is an old gamer handle that i use for promotional and subscription stuff, but some financial institutions go through the gamer email because it is older and i use it for accounts that are exclusively mine (my wife and i share most things, but do have our own assets). near as i can tell, they got my data through either a) paypal, b) capitalone, or c) my new health insurance policy or from cobra. they seem to have gotten into one email's accounts only, which means my firewall held essentially, but it will probably take a minute to figure out where the entry point was. i'm going to guess capital one or insurance. my former employer was a very large retail corporation notorious for failure to secure employee data, so insurance seems logical. i've had issues with capital one before though.
yes, it was a real wake up call. i have real security measures, but they are not implemented everywhere... probably because i'm really lazy and a little stupid. definitely lit a fire under my ass
yup. sad thing is that i use authy for most things. they hit everything i did not, and i was lucky that my laziness did not cost me big
there are quite a few like cvr, infi, bmi, nxm
i would definitely call pornhub's app more secure than my local banks app, or even some of the credit card companies. that having been said, if the breach happened through pornhub, there is no reason they would've been able to access my financial institutions. i only access pornhub on mobile app, and most financial institutions are exclusively on a desktop that does not share logins
i think they already do. pretty sure they started allowing it like 4-6 months ago when they were getting hassled by visa or someone like that.
actually they do accept dogecoin 🤷‍♂️
cummies would be a fitting form of payment.
a friend told me that you can pay with bitcoin
they do, i can say with much confidence
remember a news that used to accept verge, no clue if still does
they accept xvg, i think.
yup, agreed. most of them tie to authy, but it is been a long bull run and there is some change still on some less secure exchanges just because they have not gone to my wallet yet. lesson learned.
better, use an authenticator service in case your phone number is compromised. google auth, authy, etc
now he can rub one out in peace
more importantly, do not use the same password all over the internet. use an offline password manager (i use keepassx).
pornhub accounts be free bro
how the hell else do you save your favorite videos and leave encouraging comments, you savage?
my best guess is that this is a good place to start for them since if i had linked crypto wallets or bank accounts to tip people they could have just sent it to the verified account that they had for that purpose and it is gone. just my guess though, i did not have any payment methods linked
debbie does dallas! all time classic!
yeah, that was a temporary solution, and good thing too since my phone was the source of the breach. everything is through authy now, but once it was probable that they had access to my email, phone was better for a quick fix.
15 minutes could cost you 15 grand or more in crypto currency
u when you see it
dude, you have no idea the kind of crap that shows up in messages in this vein... i was just trying to share my chuckles lol
to safe you from hackers getting into your financial accounts ... obviously 🙄🤣🤣
i've never done that thing since the internet was invented. that's not how pornhub works.
pornhub is sunday school compared to motherless.com.
well, according to christianity, we're all born sinners, so this is really gods fault. he makes me watch porn. gods a pervert.
god called, he wants his self righteousness back. sex work is work. fuck off.
nobody. free pornhub account dawg, and they still cared about my security that much
feels like something from idiocracy
*2fap the latest, brought to you by ph.
data breach it seems, and pornhub was on the ball as soon as they saw something fishy. likely on my phone i'm guessing. got a new phone a bit ago that was an emergency replacement on a busy day. set a bunch of my syncs and accounts up before had my vpn and security fully in place.
lots of action going on this week. my limit sales as well as fiat to cover limit buys were on exchanges, where they need to be to sell and buy
multiple malware on phone. new phone this week, likely before i set up security something got in because i was using it for work literally as i left the store. restored to factory settings and start over, this time more thoroughly with authy. probably will go to a physical key soon.
i use avg and pay
what’s a white listed address mean?
another ph account user
new android os. i did not get very far on which malware. i ran my scan and over stuff started coming up red i just restored to factory state. only had a week with of stuff on here, so knowing the source was enough for me, and pc and laptop both cannot up clean.
i find it unlikely that you cannot, butbif you cannot, the police definitely can (and should already be lining up charges).
no clue, i did a whole lot of work correspondence and set up a lot of apps before getting my vpn running the day i got a new phone. didn't bother to dig deeper, just found malware and reset that fool
it's a motorola. i was stupid and after a 4 hour journey to get a replacement phone i did some work on my phone without my security or vpn installed. as a freelance writer, i deal with a lot of shady marketing agencies and content publishers, so it could have been any number of things from their shared files. lesson: even a few hours of vulnerability is still enough to be attacked.
not rooted. i'm a freelance copywriter who likely dealt with a lot of shady marketing agencies in the few hours before my security and vpn were installed, so it is tough to determine where it could have come from... there's a lot of shady files and cloud folders in my industry.
if i had not got the pornhub login notice, i wouldn't have hit exchange passwords in time. by the time i had changed the exchanges that i have money on, they had already logged into my online banking and were trying to hit exchanges. bank and credit card company have my back on the few things they stole, but without the pornhub notice, all my fiat for buy orders and tokens listed with sell orders would've been long gone. that shits not recoverable.
it's just a free account, but it saves preferences, ui settings, favorites and whatnot, super convenient. their app let us me easily password protect from my daughter, and i do not hide porn from my wife like some 15 year old. didn't think i'd wind up plugging pornhub so much today, but i guess here we are.
pretty sure he said he changed it from email 2fa to phone 2fa
ios devices are just as, if not more, vulnerable as
was probably the malware he was talking about lol
it’s so blurry……the lack of definition is more infuriating then japanese mosaics
probably one of those shitcoin wallets with a keylogger.
i use a password manager and keep it locked behind 2fa. dashlane is what i used and my last employer was looking at lastpass for the office. i’ve been happy with my choice so far.
spyware is downloaded. you download one program, and the spyware tags along. hackers commonly will re-upload download links with the modification. imagine downloading winrar. that's how they hack. that's why you should not download from places that other users can upload to.
sorry, i do not believe in sky fairies
he did not lol
only if you have 2fa via your phone number. that’s why every says you should use a 2fa app like authy if possible.
ios has been the target of many breaches like this, remember when celebrity icloud accounts got hacked? that's why we now have nudes everywhere of the chick from the hunger games etc, not to mention numerous imessage based attacks that either infected the phone or caused it to hard crash etc. don't be one of those "macs cannot get viruses" people, all operating systems have the potential for viruses and hacks, be careful and do not assume your safe.
hmmm... sorry, i do not want to deal with a phone without a speaker or audio jack that i have to take back to one specific place to troubleshot every few months instead of just dealing with issues on my own. i like being able to do what i want with my phone without being sold some kind of lifetime partnership with a soulless corporation that does not give a shit about my user experience, as long as my phone stops working at the right time for me to buy a new model every 2 years. android has its drawbacks, but iphones are boomer tech that is entirely inaccessible by you without the help of old uncle apple.
a wank a day keeps the hackers away
a wank to save the bank
a wank! a wank! my kingdom for a wank
a wank a day, keeps the hacker away!!! 🙃
sometimes you have to learn the hard way
what are you doing, step bitcoin?
“kyc” acronym unfold left for your imagination…
this is what's bothering me. my passwords are not the same anywhere except maybe in a cluster of 2 on really not important but related accounts. seems they had the whole list, so it would have to be that my phone was compromised or my pc was i think.i did just get a new phone, so it is possible someone got in early before it was secure.
heah was thinking this, because how did they get into multiple accounts. but op sounds like he knows what he is doing so surely he did not have the same password
not even, just a free account. i suppose they probably were ready to send money to one specific pornstar that they have verified just for that purpose if i had linked payment methods, but i did not.
it actually reads so bizarre too. like i don’t doubt it but it’s so random lmao. good thinking tho saved a lot of potential headaches
you son of a bitch i’m in.
not difinitively yet. it seems like either former employer breach gave up some of my data, or recent new phone was compromised early on in setup process. i'm taking a break now, because i'm tired from early morning reacting, but it seems like everything is safe now. should be more obvious once i put together the timeline.
yep. essentials are backing up to external storage now, then it is full reformat down to a flashed bios, because when in doubt, be paranoid.
my email account would've sent me a 2fa notification, since i'm always logged on to the 2 email accounts i use. i assume they had a lot or all of my passwords though, and they thought pornhub would be the easiest thing to test their list on? no clue really, but it was about 15 failed login attempts that i got to in time, about 6 successful ones total. it seems they did try my email, but after they started to notice i was changing passwords.
they did something good.
it's literally just about 60'd say it is worth it.
literally everything else was on backorder and i needed a phone right then without driving 9 places
i do not know how they still offer that as a "security". social engineering and sim swap is so fucking easy.
wait really? is sms that bad for 2fa??? if i have my number what could someone do with that???
how the hell can you do 2fa on phone that isn’t sms???
if they already have a pornhub account, then i’m definitely assuming they have premium as well.
don’t think ph needs any ads though
ph: “our plan has seemed to work”
use the authy app. available on your app store
check in your account on mostly every website. download google authenticator on your phone. after that find the "2fa" option on your account on a website, and follow the step for google auth. after that at every login they will ask for the code you see on your google auth app. it changes every 30 seconds.
if you wanna go that deep, grab a couple yubikeys
you have to talk to your service provider. because if they have enough info they can call and unlock it. i would change your "mother's maiden name" to something fake.
a lot of companies send you a code via sms before doing risky actions. this includes changing your email address or password, transferring money to an account for the first time etc the idea is that if it is really you taking these actions, you should get the sms code. unfortunately it is possible for hackers get control of your number via a new sim. if a hacker can get a hold of your phone number, they can intercept your code and breach "secure" protocols. that's why having proper 2fa is important. if your phone can be compromised, your only likely safe 2fa methods are a u2f key or a hardware totp token.
i would not judge someone for watching midget porn we all have our shortcomings.
i used to work with a big ole bodybuilder who absolutely loved midgets... was the oddest thing!
another advantage of midget porn they don’t need to go down on their knees
update: all that added to recent was one single bdsm video of a grandma. it was a 18 minute video, and i manually terminated their session after like 9 minutes. so much blue balls... good. fuck thieves.
no. you need to get 2 keys and make a backup key for your first. if you lose one it is gone with no way to restore other than a backup yubikey.
i’d suggest buying 2 of them and setting them both up for each account. that way if you lose one of them, you’ll be able to log in still. most accounts allow more than one 2fa in my experience.
whenever you set up 2fa you should also grab your backup codes, print them and store them somewhere safe in your house. those are your thisaster recovery plan for such things.
some sites have it integrated and others you’ll have to use their app which works similar to authy(or see?) the 6 digit code. you set it up the same as another 2fa method so that it creates a new 6 digit code every time you log in. with the sites that have it integrated, all you have to do is plug it in and it automatically gives the 1 time unique code to the site to allow login. with sites that don’t have it integrated, you’ll plug it into the app which then gives you a 1 time code to use within like 30 seconds. not sure if that helps explain any better, but i hope that makes sense. i can try to find a better way to explain it later if you are still having trouble. it took me awhile to figure it out too.
google. it’s rare, but it does happen. yubikey 2fa, on the other hand, requires you have the physical key to plug into your computer (or tap with nfc) to log into your account. there have been no reported hacks of an account secured with yubikey, making it much safer than other 2fa methods. i also love how easily and quickly it lets me log in with nfc!
yubikey is a physical device that you plug into your computer, preventing any device that isn’t connected to it from accessing the account.
i haven’t heard about them, but i’m a big fan of open source projects, so i’ll give it a look!
yes, you can use usb c, lightning, or nfc depending on what your phone supports.
google falls back from yubikey to sms if you failed yubikey
they're so fucking stupid. how are they so stupid and useless? they have billions of dollars and then there are services that are like, "simply put in your bank's account info so we can gather information." fuck. no. how are these even a thing?
video proof or it did not happen !?
sadly many accounts and porn was nuked on pornhub :(
well thats the thing. most people do not use unique passwords until a manager comes into play. i'm guilty of it myself.
when has that ever happened?
bitwarden ftw. what i use as well! love it and recommend it to everyone
weird, i thought pornhub does not even use an email address as a login though, and it is just a handle that the user creates?
> the next attempt was 3 minutes later on personal banking which was successful so it is like they knew all your login names and passwords. i presume they failed to access any 2fa'd accounts. do you have logins saved in your web browser on any of your computers?
maybe they were just fapping to clear their mind for the job at hand.
op says he used unique passwords, so a stuffing attack wouldn't work. really a curious case. op appears to take security very seriously (reformats once a month!?!) and still got completely compromised. a keylogger maybe? but in that case, why not go straight for the email account?
sorry santa, sorry jesus. link to reference 1:50 mark.
haha that would have been hilarious.
troy hunt is a security researcher who runs the site. it is widely used in security communities, and trusted.
reformat pc once a month!? wtf are you doing that would cause a need to do that?
who has the old phone? maybe that was it?
capital one or as i call it crapital one. fuckers suck at what they do. i have had the worst experience with them as a credit lender. i will say their credit monitoring services is as good if not better than the big 3 credit services. the credit monitoring service takes a little while to update though. now, amex is on thale fraud shit faster than bear shitting in the woods. somebody stole my cc digits and they ran a .5k purchase and was rejected. i got a called immediately and my account was picked until i verified both address on my account. same week somebody tried to brutal force my tos log in and tda locked my brokerage account and called me and again i had to verify everything. some companis have the fraud locked down and other just blow at it. crapital one definitely sucks at it. this is why tda and amex will have me as a customer till i die or they start to suck.
if they got into all these passwords you probably have something on your computer leaking data.
do you use a gmail account and google password manager? a friend had his google account compromised and had been using google's password manager, so all his passwords were compromised.
my banking websites allow sms two factor and just recently even started letting me use more secure methods of two factor as an option. it's probably because most people do not know or want to figure out more secure methods. dude, the legacy finance system is way less nerdy than the crypto side. but they are catching up. doesn't mean they are not getting thisrupted though lol anyway, if there is fraud they can usually just reverse it with the legacy system since everything takes months to settle anyway. pros and cons
i was blind and now i see. thank you! i have to go...
of course corn is golden, god knows it
when people defend porn with ignorant sacrilege it just drives the point home.
he’s right tho pornhub has a cp and human trafficking problem
but a data breach would have only leaked the password?
oh fair enough, i mostly hodl so i keep them in wallets or delegate
woah okay. i didn’t know phones can be unsafe. is it an android thing or do you use an iphone? yea physical keys are great, i use ledger nano x. but i store all my bank passwords .etc in lastpass, if someone hacks my lastpass i’m toast lol.
you can set it up so crypto can only be sent to predefined "whitelisted" addresses that you set up. setting up a new one requires 2fa and a 2 day waiting period. this way the only place your crypto can go from the exchange is to one of your own wallets . a hacker would need your 2fa, email, etc and you'd get notified if a new whitelisted address was added.
damn. i’m glad you came out okay. stay safe!!
was meant as a joke. thought it was obvious. everyone got a account there.
they successfully accessed multiple accounts, you're not reading between the lines.
so how did they access multiple accounts? including accounts he has not used for years?
that’s funny right there !!
> don't be one of those "macs cannot get viruses" people, i was making the comment specifically for the sake of asking if there were vulnerabilities like malware that can infect an ios device. i am aware of “the fappening” and other hacks and exploits.
it’s good to be told this but it’s annoying that i get downvoted for asking questions, as if i’m the asshole for asking… not that i care about the karma, i think i’ll be okay there, it just doesn’t make sense to me. thanks for responding instead, i do appreciate it.
dammit i’m a girl… what do i gotta to to protect my crypto?
we need a wankcoin to finally come out that uses proof of nut to validate transactions.
“mam, this is wanks home security, we’ve just received noticed of a breach in the “backdoor” is everything ok?”
or... a wank a day keeps them hackers at bay. yay!
you have so much imagination!
>does this also count if you do it 5 times a day?
if you have time to wank, and time to smoke that dank, than you have time say god thanks amen!
damn!!! i couldnt keep my wank up.my wank rhythm with crypto price
damn right i gave this the wholesome award.
one wank to rule them all
phew! looks like i’m extra safe.
don't beat behind the bush.
if you wank, your bank will thank you
i guess i got a few lifetime of hack free eh?
the competition is stiff
kill your chicken 🐔
ky jelly of course
do you use a password manager? something similar happened to me a few months ago. someone got into my credit card account and stole all of my points (thousands worth), changed my email address to something similar to what i already had (so i wouldn’t notice) but different, and changed my default phone number so i wouldn’t get any notifications. it was eye opening and i started using lastpass to manage all of my shit afterwards. have unique, 20 character passwords for everything and have 2fa on anything that it’s available on. key takeaway? digital security is becoming so so important in today’s world.
you should probably scan your computer against keyloggers. if you used a public internet or something they might have gotten it that way
that bothers me too! if you don’t mind saying, do you use a password manager (that could have been hacked) or do you just keep a list of password on a cloud file or something? if you use a p, how could they get that password? thanks for the warning.
did you jave a look at [haveibeenpwned.com](
there have been several 0day exchange vulnerabilities recently, if you're not patched up your entire mail server may have been compromised.
it was either password reuse or his computer is infected.
without giving credit card info? damn! that is nice
check out haveibeenpwned. you might see recent leaks were you data are present. glad you managed to stay safe.
i would absolutely not conclude that everything is safe until you know exactly how your data was compromised. if your pc or phone has a malware infection, they will have your new passwords shortly. reusing passwords between sites definitely makes finding out what happened more difficult. it very well could have been a breach on a website you used in the past with that same password and credit card data, but it is fishy how quickly it was learned where else you have accounts. if you had different passwords on each site and they appeared to have more than one, then it would tell you that a site breach is unlikely and you probably have a malware infection.
why do you think they went for pornhub first? this seems odd to me. and which password manager do you use (you mentioned to have a different password for each service). do you use cloud synchronization? personally, i use 1password but i keep my database local and sync manually between desktop and laptop computers, because i am just too paranoid to trust the cloud.
did you use a password manager?
if they are different and manage to login with unrelated passwords then either all sites were breached (unlikelky) or one of your hardware where you type passwords was hacked.
oh man, do you use a cloud based password manager?
are you on android or apple?
have one, love it. just have limit buy fiat and limit sells on exchanges.
was just curious, yeah inventory has been shitty for like 3 months across the board /: we have like 3 samsungs all a series and q0 iphones when we normally have 10-15 and 30-50
sim swaps are not really a thing in every country tho. where i live for example i really doubt you'd be able to swap because of how much info they require. telecom companies have your passport're the real person asking to swap the sim. you also cannot do it online, gotta go to the store.
yep. sim swaps are much easier than hacking an authenticator. binance.us only has the email and sim 2fa which is another reason why it sucks. edit: you can use authenticator for binance.us! but it still sucks lol
it really peeves me that almost every major bank in the us still does not offer 2fa through an authenticator app. it must be through sms, or they will even call you and dictate the number, but no option to add into an authenticator app.
how does one sim swap without access to your sim card? it’s not like i’ve been out of the house much for the past year… just curious if i’m still vulnerable to that somehow. (i already use 2fa authenticators on my important accounts)
as others have said, they can steal your number typically this is done with a social engineering attack, although there are more technical approaches too
look up sim swap attack. google authenticator is much more reliable as it is tied to your physical device. just make sure to record the recovery keys in a password manager in case your phone is lost. thankfully now i think you can migrate all your codes between phones. i do not think that was a possibility a year ago.
clone the sim and get your texts. there have been a few high profile hacks that had this happen.
there's a reason it is been deprecated as a primary form of mfa for 5 years now.
it's crazy that major banking institutions only do sms or email 2fa. scary.
in theory that is a good security measure... but that extremely well written (and heartbreaking) article by a guy it happened to, breaking down what was happening, what he saw, and what he was doing about it... dude lost 100k in crypto . but reading the process and understanding how it happens and signs it is happening is important imo. but anyway, i am not sure they always ask for stuff like that, even if they are supposed to... [the most expensive lesson of my life](
feel free to watch midget porn we won’t think small of you
shortcummings*** come on dude if your gonna pun, pun all the fucking way
sorry you're going through this. but the pornhub thing is pretty funny man...just curious, what benefits does signing up to pornhub give you? like im sure i guess you can comment lol
and, the ledger x ( and maybe the s too?) has the u2f app, so it can be used as a backup instead of a second yubikey, if you happen to have one.
the thing that puts me off is the stories of keys getting corrupted. what if you lose one and then find the backup is corrupted...
so register two keys for a 2fa, and my second key acts as my backup of key 1 gets lost?
what happens if we lose both yubikey?
except fucking aws console, for some insane reason. unless they have finally fixed that.
ah ok thank you, that really helps (i could not grasp the videos). i thought it was a replacement for passwords (facepalm).
can yubikey work on everything? also google auth is pretty secure right? much more than sms
what if i do everything from my phone? or do they make them for that
remove sms from google or use a service that doesn’t require sms like posteo mail
> google falls back from yubikey to sms if you failed yubikey then remove that phone # and ignore prompts by them to add a phone #.
well he is saying her ass did not happen...
that's not a question
yeah, to stop child porn and revenge porn? it’s a loose loose no matter what
remote access to pc via trojan.
logins were saved in the phone. once they ran into 2fa problems they tried to access my email to circumvent 2fas, but my email was already pass changed and switched to authy by then.
it doesn’t add up because it’s bullshit
if numerous accounts with unique passwords were involved then it is very likely some form of cred harvesting malware exfiled that info from his machine, or another machine op accessed their browser or password vault stored creds had something on it. going after the email is a good way to establish a foothold and get access to pw reset processes for accounts that the owner registered to using it. but if it is 2fa enabled you run the risk of alerting the owner (depending on the app used -- pop-ups to approve etc...) so they might avoid that on purpose. especially if they just walked away with all of the valid creds from a password vault to begin with.
fyi: youtubetime dot com will show you how to create links with specific start times like this:
just a holdover from when i was a kid building shit potato computers with salvage parts and open source os. now basically any time anything goes wrong with my pc it is backup to externals and start over.
yeah, this does not make sense. if they got into an email and you had all unique passwords, you'd see them resetting them for various accounts through 'password reset' emails. since already they had all the passwords for various accounts, seems like ops password manager was compromised somehow... unless they only used a few unique passwords and cycled through them. but if they were randomly generated for each account, something is not adding up.
the point of what? that christians believe we're all born sinners? if we are, then it is by gods design per christian belief. therefore it is gods fault that i watch porn. if he knows i am born a sinner, makes porn available, makes me watch it, then watches me watch it and does nothing...god is the pervert. i am just doing what he made me (to) do.
the industry has a cp and trafficking problem, mostly because of a stigma creating difficulties to regulate created by broad generalizations like this. i would argue that ph is the most regulated and curated environment for amateur creators that still allows them to make a living for their work. making mistakes does not invalidate them being one the only platforms that actively tries to moderate content.
i'll hopefully be there soon. just trying to liquidate the last of the altcoins at decent prices and keep scooping up the eth fire sale.
appreciate it, man. ty
i said it was a card i had not used in years. i have other cards with that institution and they seem to have had all of them. it seems my phone was compromised with malware, thus they had any password on it and thought they could use my email password to jack my 2fas. only caught it early because they logged into pornhub first... i assume to steal from any linked crypto wallets by tipping to an account.
i was more making a broad statement regarding apple uses and the generic "macs do not get viruses" comment, my point is that every os does get viruses, in fact ios is usually more heavily targeted due to apple users more often being the more wealthy type.
i did not downvote you
rub the bean to keep the crypto clean
a squirt a day keeps the whales at bay.
open your vault for me
now i got to award! darn it ;) seriously though, people aren’t using in-person hardware wallets?
a bop a day keeps the robbers away?
store it with your tampons. no guy will ever steal it.
porn is for everybody. it's frequently a common hobby to bond with my wife over.
i can rub out an extra one for you every day
hopefully your only fans won’t let you down.
flip the bean to keep em clean?
a bate a day keeps the hackers at bay
a flick a day?
it just said a wank. didn't say you need to wank yourself.
smash that gash to protect your cash
girls wank too, just in a different way lol
rub your poon and go to the moon!
get it squishing, that'll stop the phishing
you can wank me, it’s ok i don’t mind sharing
wax on-wax off to be a crypto boss
you gotta start a fans only page and make it free!
plenty of girls watch porn. near enough every other girl i know does
rub the bean to keep your credit score clean
you do not watch porn? ever?
believe it or not women masturbate and watch porn too...just do that.
i volunteer as tribute.
girls can wank too... it is 2021
habe different email and not always gmail. try proton. never use same passwords for anything. use vpn when on exchanges. get a hard wallet depending what cryptos you invested in and how much. ideally you have an iphone. less desktop stuff you do the better. never open shady emails. always cautious at pw requests you never requested
a fingerin’ a day keeps the hackers at bay.
i have set up my crypto with a long password with random words and numbers, than i set it up with face recognition and than i downloaded authy and set that up as well.
proof of nut is good but proof of squirt is where is really at!!
the way things are going in the us of a i wouldn’t be surprised if they come looking up my butt hole yep
! edit darn it exists… was a pun
pink famingos… fuck it, then serve it to the cast.
don't use lastpass. switch to something else (i switched to bitwarden).
> changed my email address to something similar to what i already had (so i wouldn’t notice) but different, and changed my default phone number so i wouldn’t get any notifications. but do not they send a notification to you that these are being changed?
and do not use custom keyboard apps in the phone
it was probably his phone.
wow. yet to be identified malware. must be some sophisticated shit to have gathered that much info from that many people without detection.
wish they would say more, like what os. assuming most if not all of them were windows based.
>haveibeenpwned thanks for this, it seems my details were leaked :(
ive been pwned what steps should i take? it was my gmail and i changed my password straight away
i was wondering that too. maybe they took op’s entire online presence and they just “stayed logged in” on pornhub. which ph noticed and notified op about. seems a bit far-fetched, though.
in canada you just need to know my mother’s name.
binance allow me to use both the app and sms. when you login you are giving the option to login using authenticator app or sms. disabling sms authentication automatically prevent you from p2p trading which is very stupid in my opinion
if you must use texts as 2fa, call your cell provider and put a pin lock on your account. (actually, do this anyway.) so even if some dumb fucking rep goes along with a scammer and you get swapped, at least the provider has some level of accountability and at most you get another layer of security. edit, check out this medium article for a real time breakdown of how it happened to the writer- poor guy lost 100k in crypto [the most expensive lesson of my life](
i use an authenticator app rather than sms for binance.us right now...
using binance through canada has 2fa for sms. it's a lot of swapping screens when i clear saved data from my phone but worth it.
in germany you can't use sms 2fa anymore. banks have just stopped offering it and made everyone switch. at least the most common ones and those where i'm at. interesting to see one tech thing where germany is not dead last of the first world countries.
yeah you can have it active on multiple devices concurrently so i also have my google authenticator backed up on an old device that i no longer use that has no connection to the internet.
thanks, i use google auth for binance so hopefully im good but i had no clue. yall saved my ass here for sure
yeah i use an authenticator app for almost everything i just did not know it was that big of an issue.
i wish. my bank does not yet offer mfa.
i'm glad my bank swapped from sms to creating their own authentication app. now my -3€ are save
exactly. no need to belittle someone over their viewing habits.
punning all the way is no small task
poor but satisfied grandma
keeps your watch history, favorites and play lists. you can tip performers. organizing playlists is nice because i have a wife who also enjoys porn.
most hw wallets support u2f. a warning against ledger tho, their lackluster security practices painted a target on me and thousands of other people.
looks like trezor has it too. if you lose the trezor or ledger you can restore the u2f with the seed phrase.
whoa i did not know this. thank you so much.
you still have backup codes like a 2fa on google auth or whatever. you can save these codes on a keepass, 1password or whatever. with google titan key you actually have 3 keys in the kit, too. so you can set multiple keys
yep! keep one safe at home, and one on your keychain or in your backpack, etc. for on the go.
i’d suggest buying 3 of them and setting them all up for each account. that way if you lose one of them, you’ll be able to log in still. most accounts allow more than one 2fa in my experience.
you're gonna have a bad time. it depends on the procedures at the various services you've set it up on. faxing drivers licenses? proof of address? credit cards? who knows. maybe you're even just out of luck.
yes, yubikey works with everything that supports 2fa in my experience. some sites have integrated it directly, and some sites you’ll have to use the app they goes with it, similar to google. yes google auth is pretty secure, but it can be compromised. yubikey reports 0 successful hack attempts ever.
they have a secure wireless option that works with pretty much any phone nowadays. very easy to store on a key ring and tap on the phone when needed.
they have usb c, usb a, lightning, and nfc capability depending on which one you buy so they work great with phones too. much faster than regular 2fa imo.
all of his passwords got cracked all at the same time despite different email address and user passwords? yup that is bullshit.
unreal how i had to scroll through so much to find this. it's so god damn easy to write up fantasy stories farming moons. this story is completely bullshit.
nothing is making sense and it is starting to feel like an ad for ph.
im far from an expert, but that’s the only conclusion i could come to. multiple emails, different passwords, all with 2fa, hacked in minutes? only for the story to conclude with pornhub saving the day? really does seem like it’s just a way to get ph back onto people’s mind.
this is cool, thanks for the tip
you’ll get your chance to make that argument to god in the end. good luck.
actively tries? they only deleted half their shit after they were called out for all the bad vids on there. they literally had a girls rape video on there and the only reason it was deleted was cause they were threatened with a lawsuit. don’t defend this kind of practice
from the original post it seemed like they were able to get access multiple accounts, and your password was supposedly brute force proof, this seemed like the only possible method a hacker would have for accessing multiple accounts. just a huge fan of encrypted password managers, and wanted to caution people against doing the biggest rookie mistake. storing unencrypted passwords on the phone sounds just as bad tbh.
i see. i was more trying to differentiate myself from those types as i feel the downvote(s) i’ve received were because of that being the perception. i wasn’t trying to sound holier-than-thou or anything like that. thank you for the information.
i wasn’t saying you did, sorry i didn’t mean to imply that—i was thanking you for replying instead of downvoting.
this rhyme is worth much more than the upvote converted to moon that i am giving to you.
glaze the clam like a ham and then, wait for it wait for it wait for it bam!!!!! climax. your crypto is safe. i think this is a haiku according to my d- poetry class.
glaze the clam like a ham to keep the crypto pristine
comfort the loin to earn the coin.
you, sir, win the internet today.
to protect your crypto, remember to nympho
flick the bean to keep the crypto clean.
eat the booty crack to prevent a hacker attack.
maybe i’ll just subscribe to pornhub instead of one of those cybersecurity and credit monitoring services...
yea but pay for porn? i can get however much and whatever kind of actual sex on demand all the time… and the free porn more than suffices. (eta: ofc i’ll be downvoted for this, like i invented men...lol)
lol, you’d be surprised!
actually one time i did. i was uber poor student and i came across this 3 playgirl mags for . i was super thisappointed. i guess i was not the target audience. 🤷🏻‍♀️
i will take monero
i’m too short. my ego couldn’t handle it.
now we are talking… after all this i’m too lazy to wank myself
haha a good one !
nooooo wayyyy! i would neverrr! scandalous! 😜
thats a nice one!!
i’d love to but carpal tunnel, too much computer time... 🤓
heyyy your username checks out! 😁
of course. i was just joking. i just don’t pay for it
of course i do, but my other comment got separated. i just don’t pay for it or make accounts.
i’m too lazy to spank myself.
but it kind of hurts... feels better when i kinda press on it and stuff
bitwarden + aegis for me
is saving passwords with google not a good idea?
i'm assuming gboard from google is safe yes?
ya bro, id vapourize your devices, get a new machine and reset all passwords. assume everything is compromised
there's no scan or anti virus or anything that would likely catch and remove that malware obviously right?
yep, my infos were in many different breach. make sure you have different mail for different level of security, even dedicated email for some high security service (bank, exchange etc...) use a password manager to avoid reusing password (even password with slight permutation are not secure). use 2fa authentication when it is available. sms authentication can be spoof easily, the best is dedicated hardware for authenticator or google. also i do not use my real name anymore, except when it is required for things like binance. after a few breaches with your info people can easily cross reference different database a get some infos about you. most of the time it will be harmless but you do not really people to know you invest on cryptos or things like this.
one thing people never talk about is when you setup 2fa. make sure you backup the 2fa there are one time passcodes you can save to get you back into your accounts. lastpass has a backup to cloud but that concept seems sketchy to me the reason i say this is because if you do 2fa properly then it will not be possible to send an sms code to unlock, which means if you upgrade your phone for example and forget to backup your codes you will get permanently locked out of those accounts ask me how i know, lol. also, interestingly, fucking this up can shed some light on the security of the apps you are using. i had 2fa on some health, and forgot to back it up, couldn’t get access, emailed support and they unlocked my account, wtf so now i’m making a habit of pretending i lost my 2fa on my important accounts and seeing if i can get back into them through support, if you can then it’s pointless because the hackers can just unlock your account however the support team is doing it hope that makes sense
that's already good. you should have different email address. for example one for important services (bank, exchanges etc) or even one for each entity. you can then use other mails for less important stuff and a third one for useless sites that still requires you to provide a mil or something. using a password manager (with the same rules as above) is also a good idea. you'll have different password for each site and secure password. using 2fa is also extremely recommended. to login into my bank account i need to confirm with my sms. mail and phone 2fa are less secure that google or microsoft authenticator, that is something to remember. the best is sill to have a dedicated device. (old phone or even a usb key you have to plug in). make sure you have duplicate to avoid losing it.
in portugal, and most of eu i believe, you need to go to the store and present the matching id in order to change sim, and no, they do not accept copys or pics of said id... i get genuinely amazed when people say that sim swap is the most easy thing because of that
that sounds really insecure lmao. does your id not get taken when you register a new sim card?
those dumbfuck reps should be sued and fired and never allowed to work jobs that handle people or important things ever again.
also make sure to have them turn off carier porting, which allows someone to walk into any other cell carriers office and walkout with your phone number on a new phone. just a pin wont stop that from happening.
ohh that’s a great idea, thanks for that!
it happened to me last week. thankfully i did not lose anything, but the fraud investigation revealed that they had alot of my personal data including an old expired driver's license number still linked to my telco account. i know i was compromised in the big facebook leak in april, but i'm baffled about the old drivers license.
same. it's quite unnerving.
i know man, midgets are nice people. very down to earth.
ahh, that is great then. it was not obvious in their literature. thanks, guess i'll be ordering a couple later!
i use authenticator apps and 2fa and this is all extremely confusing to me. is there some kinda of basic walkthrough you could point me to?
yeah, that is all fine and dandy... but what if i lose the third yubikey?
or the notification from pornhub was actually a phishing attack and he compromised his own security with it.
advertising their security features on a crypto forum really does seems like the kind of galaxy-brained thing ph would do - if, from what i've heard, their innovation compared to youtube is anything to go by.
it does not have to be an ad for ph. how many moons can this reddit post get?
pornhub does not even use email addresses for logging in. so i think they would have had to know his userid somehow, too.
>it is starting to feel like an ad for ph. especially comments like this one:
lol no he would not.
ha! i'd have to believe in your god first. i cannot meet an imaginary figment of delusional peoples minds. god only exists in the minds of those who believe in him. there is no white man in the clouds who callously ignores human pain and suffering while also supposedly punishes those who cause pain and suffering. no one has ever caused more pain and suffering than your god, so why is not he judged and punished? fuck off with your ignorance and petty fear-mongering. your god watches me jerk off and probably jerks off to it. i mean, he made me in his perfect image and i'm only doing the lords work by rubbing one out to all of his other perfect creations...i mean, technically, i'm celebrating the beauty of the lord by enjoying a good rub and tug while you are denying the lords creation by refusing to acknowledge it and refusing to celebrate it which has to be a sin or at least a rebuke of god. can't attach the meme i want for this, so; "you mean to tell me, that a jewish zombie can make me live forever if i telepathically accept him as my master, all because a talking snake convinced a rib-woman to eat from a magical tree?
i don’t even know how to do any moons and the stuff you guys talk about, i just hope that the op heard my moans….😘
you can always tip moons if you really think it is worth more:) just press the account while on mobile
guy, is that you?
we give students a b for just showing up in the us. so you get an a from me on reddit today.
eenie meenie sweetie beanie… you only need have one really… 🚀 (neither financial advice nor nursery rhyme)
this is the financial advice i can get behind ( ͡° ͜ʖ ͡°)
>maybe i’ll just subscribe to pornhub instead of one of those cybersecurity and credit monitoring services... seems like a missed business opportunity to me. they could get the brazzers girls to be the spokewomen for the service. now, we just need a catchy slogan...
lol don’t look at porn hub as an investment in your wank life, but as an investment in the security of your financial future.
dunno man... had pornhub premium for a bit for free. free ph = 8. pornhub premium 11. same as steak you know... you can make a mean steak at home but there is also gordon ramsey steak...
lol,,,at least your honest about it
well, people out there pay for music, so it makes sense for people out there to pay for porn. both aren’t really equivalent, but i suppose that porn revenue comes (haha pun) not just from thirsty dudes but also from wholesome people who wanna support their favorite cumtent creator.
personally im downvoting you cus pornhub is known for having slave trade, coerced, and underage content, and honestly the majority of porn is ethically questionable. do not support sex slavery.cheers
sorry but you’ll be the one in the porn...
porn hub is free, (also female)
strangely enough, if you can send me any document you have with 24 words strung together would greatly help.
ah. so, to answer your question, 2fa is the best way, with verification emails and.
great! *::stands proudly with hands on hips::* ... go for it! also, now i have this stuck in my head to the chorus of [the cars' - shake it up]( thanks. lol although i guess it *is* an appropriate bpm...
wank is not a gender specific term.
lastpass was bought by a private equity firm in december 2019. also: [reddit: bitwarden vs lastpass](
i cannot tell if this is sarcasm or not. you say vaporize all devices which is obviously sarcasm but you also say change all passwords which is legit advice lol
when a site like yahoo is breached, the hackers steal certain information (emails, passwords, etc.) and then sell that information on the dark web in a list. kind of like a word document with all this information. other people on these markets buy these documents and then use the information in hopes of logging into bank accounts and steal money from people and do other things with online accounts. these documents get old over time and become more available and sites like this are able to read them and then make their own lists based on emails of who’s had their info leaked. this is why people recommend to not reuse the same password. because once a hacker has your yahoo email and password, they will then start going around trying to use that same login information elsewhere. it’s why yahoo may have been breached but somehow someone was able to get into your facebook despite facebook not having been compromised recently.
not exactly sure, but i think it is legit because it gave the name of a site i used to use some months ago, which had a data breach too, i did not know much about privacy then, still do not but if this could tell that i used that website then i feel its legit. just had to enter the email address.
binance.us. i use app authentication with them as well
sure thing, it is super seaeasy to set up to, just use the transfer account option, it does not lock out the old device.
they are not prideful thinking they are above everyone else.
listen here smart guy… this is why we suggest buying 4 of them and setting them all up for each account. that way if you lose one of them, you’ll be able to log in still. most accounts allow more than one 2fa in our experience.
to do a moon, you just pull down your pants and show your butt. to collect your moons, go to profile (might be more steps than that but i’m backed and if i stop this comment to look, i will forget to ever return) and access your vault!
seems i have so much to learn about whoredom and harlotry?
just for extra security
oh i did. like 5 times in the interim 🍆
😆 maybe? but i mean… it’s not so black-and-white but maybe more grey. or ... beige?!!! ( hey i made myself laugh it’s a good day!! )
ahhh indeed but not sharing my slogans and ideas on reddit in this wild west of a market! 😜 i’ll invite all y’all to the parties tho for all my upcoming blockchain brothel.
a rational, evidence based financial decision! i can get behind that. plus find out if paid pron is better! 🤓 edit: rational not rationale
what this guy said. what's .00 worth to you if you know that your online assets are secured due to having a pornhub premium account!?
is that all it costs!? ? same as a banana?… … now i’m both laughing and getting thistracted! off to pornhub i go!
now you make me curious. i’m sure at least one of my lovers has pro. i can probably find out!
i see it all as self evident… i can be a 70 year old toothless crack addict and still there will be some dude not only wanting to do me but even want to pay me for it…
harlotry! surely i shall be punished...
not against it at all. and i guess that’s kind of where things are going. i’m much more likely to get paid for my puns then for my porn mind you, or rather much more likely to be paid for neither but heyyy —. it was a fun day.
and you think i support that? i don’t even use the site when i do use porn but hey vote away. my life is fully orthogonal and independent from both reddit popularity and porn. 😊
i seem to have integrated the male gaze or something, so dude porn style sex is fine for me . can i get paid in crypto!?
actually, i was complaining about not being able to piss upright. and i just paid off my most recent husband so i could get divorced faster , so what’s your point?
i just want to send you a hug though even though it’s not as sexy.
but why would i need to have an account for porn at all? and yes, i use 2fa for all my crypto accounts!
btw is your username current?
nice!! i love to be the cause of any and all songs stuck in peoples heads… 🤓😁
*both* heads…. (ahhh sorry couldn’t resist)
i think that might differ slightly in flavor of what version of english you use based on my living in different countries. but hey i guess i’m always gonna be kind of less of an expert by virtue of not having real penis. i think fundamentally i don’t actually thisagree but the wording can vary.
it's definitely legit. i cannot remember the exact details off hand, but basically a little while ago there was a massive data breach and millions of accounts were affected. it was a mixture of email logins, site logins, and other similar data. i cannot remember if the details were publicly available or if they bought a copy, but haveibeenpwned set up a site for the public to easily check their details against the leaked data 👍
oh thats how it works! its for data breached sites. i get it now. thanks!
they also enjoyed watching the movie the big short
i like having 12 yubikeys, all geo-fenced so that i have to sign in from 12 specific separate countries simultaneously in order to load the login screen for my email. you can never be too careful.
but i’m so confussed?... where do i show you those 12 or 24 words or whatever?? friend, pls help!
yeah you should definitely wank. that’s what i’ve taken away from this.
because of context i read your username as acekittywank
yea nice advantage of female equipment... 😁 i mean, not much going in our advantage otherwise… can’t piss standing, get paid less, etc… but we have our multiple orgasms!
"be the porn that you want to see in the world" -ghandi
a 've never heard of.
i don’t know since playgirl turned me of of female oriented porn so never sought it much again. it was full of men looking good but talking about taking walks on the beach. and limp dicks…. but then male porn sucks as so much of it is fake and i can tell, and it takes me out of the moment. i sometimes watch gay porn as it feels more direct or honest or something. but i mean i am weird! i’ mean if being on this sub isn’t enough… i’m talking about my sex life with a whole bunch of strangers just because laughter… (now i am shy 🙈)
spank me guys! yummm,
he’s probably a blast at parties….
congratulations, you're still advertizing and promoting the site here which is the post in general but i expected women to stand up for women yo
yes. but if it doubles, please return half
you can save your favorite videos and it tailors suggestions to your tastes.
i left the service a few years ago to retire in the sun. i mean, i still have a lot of work before the retirement part, so for now, i am working in the sun...that does not sound so appealing, does it?
[what would it be like to have a song stuck in *that* head? ...](
just google "define: wank" ... it is not gender specific
just put them right here and we’ll help you remember them! 👀
i really hope this becomes a meme hashtag edit: speleng is r tuf
lol, love it! 🤣
dysexia, whoever came up with that word was taking the piss
actually, i was at a concert two years ago and there was a long line in the men's john. when a middle-aged woman walked in and cut in front of some guys to use the urinal - standing up! set her cup of beer down on the floor next to her leg, pulled down her shorts and did her business, pulled them up and walked out. yeah, we could all see that it was a female. lol.
listen like all these people who wanna vent about how women get paid more, unless you seriously want to pay me for the free labor that you are demanding for me i am not going to do it. i guess i have been conditioned by society to cater to such demands despite that i didn’t realize that i have been. or it is my optimism that there could be some people among you that you realize things are a lot more complicated than these black and white lines were trying to take and women or not your enemy after all. much love and kisses and squirts or whatever
as a human resources professional at a big 4 company, who recently went through an audit of compensation and equality metrics. women are on average paid 15% more than men and 3 times more likely to receive a first level manager promotion over men in their first 18 months of employment. women take approximately 7 more days off per year, work on average 35 hours per week and write 22% less code than men in comparable roles. so no. women are extremely privileged in 2021. sick of this cisgender white male hate, it’s really pissing everyone off.
we were worried there for a second
freedom is not worth having if it does not include the freedom to make mistakes. just so you know, the correct spelling is [gandhi](
there’s a ghandi spelling correct bot but not not a pron spelling correcting bot. kinda makes sense i guess. learn something new everyday…😸
i stopped faking orgasms. i feel this a true contribution to humanity…
arrested development quote. otherwise, whilst not much of a vegetarian when it comes to sex myself , i’d have gone with … something firmer? 🍆 unless the banana vibrates, then i’ll take that!
hey hey, she buys them *fancy* bananas that don’t get mushy if you use them as a dildo.
and now you can see why someone would pay for it :d there are sites that do for girls porn also. good luck in your search and to return bountiful.
(why the fuck do i not have an only fans to profit from this!? i’m an idiot !!)
lol. i even go as far as watching (non-twink) gay porn because i cant stand all the fake stuff that comes through and the messy undercurrents and messages etc. women, but… i mean so much porn relies upon about suspension of thisbelief in the first place! and its more of a mirror in our face than something in my control let alone my responsibility
> he kekw i'm fine at parties, i just tired real quick of seeing redditors circlejerk over pornhub
i didn’t mean to not to stand up women? how did it come across like that?
for sure!! just contact me on w.h.a.t.s.a.p.p!
the former i like. the latter not so much. not that i would know from porn but youtube and stuff.
depends how pale you are. san diego?
dude chill clearly i was setting up opportunity for a joke. and no it’s not as unisex everywhere ...
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i'm just glad they are giving an actual use case to nfts, instead of just being an easy way for rich celebrities to get more money
the crossover event of the century
excellent news for both eth and gme. everyone wins. game on.
the things that can be done with smart contracts and video games are limitless. bullish af
gamestop contract code: the code literally has 1337 420 in it! simulation confirmed lol edit: there’s also the super flower blood moon tonight too so yea
imagine a gme short squeeze in mid of an eth bullrun🛸
there are not enough rocket ship emojis to express my feelings
damn we were all mad at gme in here a few days ago 😏
the fact that gamestop is a bridge from the stock markets to the crypto markets puts a huge smile on my face. couldn’t write this any better
gamestop being the first gaming company to embrace nft's ridiculous potential in the industry is literally insane and if they pull it off...hoo boy. ryan cohen might end up the richest man on earth.
you guys see this gem:
this will definitely help with crypto adoption on a larger scale.
oh god, we're crossing the meme money streams!!!
we knew that they were recruiting people with crypto knowledge a few months ago! glad someone tangible is coming out of this!
two of my favorite assets coming together. absolutely love this.
if it brings more investors over into the crypto space i'm all for it. bullish news
bruh- am i dreaming? is this real? the potential of this is astounding
good thing gamestop raised so much money with the stock sale. this should have a good chance of developing into something big.
so is gamestop about to become an unstoppable franchise after nearly dying?
if they're in, im in!
so you're telling me it still was not too late to hop on the gme train and i should have done that a while ago.
crypto is the future, and the future of gamestop is brighter than ever
this is a weird crossover episode 😂
a random word generator focused on crypto... it's basically a small word cloud...
will this be the moass we're all waiting for?
i'm shocked to not see people talking about enjin here. they've been working on this very same idea since 2009. they've worked with microsoft for a small bit but the ethereum scaling issues have been problems, if i am recalling correctly. they're currently building the efinity blockchain on polkadot. here's a quote from the enjin team: ' >"ethereum 2.0, once launched, will enable faster transactions—and that is it. every shard is identical, and every shard does what ethereum can do today.polkadot is different. every shard (in polkadot terminology, "parachain") is completely customizable, which makes it a perfect platform for building scalable, custom blockchains.polkadot is not built to replace ethereum, but to improve and complement it; in the same way, efinity is designed to supercharge not only ethereum nfts, but nfts from any blockchain." love the news that gamestop brings because it is exposure, but to be honest, their trade in deals are shit and i'm forever bitter about that. bullish on enjin for doing it right.
this is definitely bullish for crypto!
from a practical standpoint, can someone explain to me why this is such a huge thing? supposedly if gme succesfully turns many of its games into nfts, why would i want to use them over steam? in steam there are tons of digital games which you can buy for cheap and with basically no fees. compared to nfts, what are the benefits? this is a genuine question by the way. i want to seriously learn the benefits that we(customers) will receive if ever mass adoption succeeds.
launching 14th july at 11.20 gmt. some speculation on use cases: i believe this might be used for the tokenisation of gamestops shares to combat the massive naked short selling fraud. it's also been suggested it could be a possible crypto dividend which would trigger the moass* alternatively it could be used for the resale of digital games, which accounts for 15% of their revenue today. since you're the crypto pros, do you have any other ideas what it might be used for? greetings from r've endured about gme. *mother of all short squeezes
# b u l l i s h
[ click on the top right of the page for a fun little mini game guys.
wsb community will not get in here.
great news for crypto! very bullish!
great news, extremely bullish about getting real world adoption!
crossover of the decade 😂
gamestonk and crypto subs can be friends after all?
why are people excited about this shitty scam company? there is a reason this shitty company was tanking, its a greedy shitty company. i worked there. fuck gamestop in every way possible.
can't wait for them to buy people's nft for .98
as hodler of both, this gives me chub.
and i thought beanie babies was the height of stupidity.
it’s going to take a minute for the general population to digest because it is gme which people are writing off as a joke. but this is signaling the beginning of a very important trend. what we are about to see is an explosion of digital assets being added to the eth network - video games, books, movies, enterprise software, etc. - in order to create thistributed third party marketplaces that protect both consumers and content creators.
as part of both communities, i am super happy!
they gonna give us an in store credit of 0.00000002 eth
sooo you guys good now? no more calling us a cult and shit?
are they gonna make a token? i think with all the wsb hype, it can be pumped really high
crypto bois and gme unite!!!
this is so epic, ethereum and gme is the future!! my 2 favorites joining forces. losing my mind today
guess i shouldn’t have sold my gme but i did buy ethereum with it sooo 🤷🏻‍♂️
join us for the cause and fuck the shorts
it’s a deep fucking value. 🚀
should use enjin and polkadot
this crossover is a dreaaaam
gme has built an empire
good use for them, but i'm still trying to wrap my head around how this will pan out. with ethereum high fees will or not defeat the purpose
i’m ready to now pick up some gme shares
this has very interesting implications for license rethistribution (reselling stuff). i am surprised and appalled that steam has not been doing something similar. granted they had no reason, but this will make reselling games profitable to steam (via transaction fees or % of resale goes to steam) and possibly even the developers (% of resale to developer). gamestop very well could be a big competitor to steam if steam does not hop on and pump it out first!
i still do not understand nfts
hodling gme. hodling ether. win win.
and btc maxis will still call eth shitcoin. this shitcoin can do so much more than just “store of value”
this is like when kings and queens would marry off their sons and daughters to make a kingdom of ridiculous power. crypto gme...sounds powerful 🚀🌔
i just want a version of oldschool runescape where all items are nfts and gold is a cryptocurrency
for a tutorial explaining what nfts are and their pros and cons, please read [this post]( --- *i am a bot, and this action was performed automatically. please [contact the moderators of this subreddit](/?to=) if you have any questions or concerns.*
eth and gme to the moon
makes sense, if gme goes up 10x and eth goes up 10x, combined they go up 100x :)
so, buy and hodl gme, check. buy and hodl eth, soon to be checked. never dabbled in crypto but hey, gme
when are the hot topic and zoomies nfts coming?
now imagine wall street bets pumping this into andromeda
young investors that are gamers are their white knight, target audience. this fits within that circle.
this brings the slogan "power to the players" to a whole new level.
will pay hoge for games
i love crypto and i love gamestop. <3
so, if game ownership was nft, would the nft need to support the gigabytes of game data? or would it just be an ownership and you would download from a gamestop server? if so, how does the server get paid? and doesnt this mean the value of games bought in 2022 (or whenever they have the service up and running) be potentially worth 100x in 2052? so would owning a copy of, say, apestonker3000 at a buy of 100 usd be 10,000 some day? wouldnt that prevent people from being able to play a particular game?
those apes fucking did it
wallstreet x crypto. it is happening boys!
gamestop stocks go brrrrrrr
holy shit that headline is reddit investor bingo
power to the ppl!!
gme givith to those who believe!
this is okay but imagine a company like sony or tencent going into crypto!! that would change the way we pay on our games! so many useful cases they can make it for
this is eth way!
i wonder where you'll first be able to buy it
oh interesting concept on used game market. cant wait on how its gonna be
hmmm, not too sure about them chasing after the latest fad and a different group of customers... i though they might do a 'steam' or 'gog' like game thistribution platform, should resonate better with their existing customers and branding as a first digital strategy move.
retail exclusive nft limited editions incoming
this is either genius… or desperation... not sure which of the two yet. i’d have thought some sort of decentralised gaming league may have been a better fit. something like exeedme... or atari... but it will be interesting.l can’t help but be a little thisappointed...
👉👈 does this mean that gme apes and crypto cats can be friends?
if 2021 could be thistilled to a single headline...
can anyone tell me what the wallet address is for on nft.gamestop.com ? i’m confused as to why there’s an address there or what it’s for.
this is good for crypto
hope everyone filled their jetpacks while ether is still on sale. this summer is gona be fun.
my tits are so jacked!! this company is the shiznit!! i do sorta wish they would use cardano!! apes!!! buy hodle vote!! 💎🥜💎🙌🏽🦍🦍🚀🚀
well i have been in crypto since 2018 and gme since jan, and i can tell you, this will bring a lot of gme over to invest in crypto. bullish asf for both sides
eth 🚀 jumping on gme 🚀🚀's? destination is definitely the moon
wow, looks like gme figured out how to save themselves.
i mean it already costs 50's to get a 2, sure lets just all pile in before ethereum is even done. and without considereing better project? this is just a money run.
it sounds like they are just building a marketplace like mintable.
build it on matic pls so we don’t get fucked by eth gas fees lol
now we have an actual !
can we post this to wsb?
they crossed the streams. we told them not to cross the streams.
my favourite retailer combined with my favourite cryptocurrency. jesus christ.
well, i have always imagined the games industry is far ahead in terms of tech adoption. games focused on 3d graphics ahead of mainstream media companies, games focused on ai in games before the mainstream catches in with ai, games introduced ar and vr ahead of mainstream adoption. so totally not surprised that games will once again lead the way for real nft use cases and adoption. perhaps in year 2022 or 2023, you can sell or auction off legendary drops you got in diablo, an awesome screenshot you have taken in monster hunter world, a recording of the most epic lol world finals, a group screen capture of your favorite guild in wow, or a screenshot of a limited time event in fortnite all tradable on one nft platform that focuses only on gamers worldwide. most people can probably make some decent side income from playing games!
huh this sounds exactly like what enjin is doing sinds 2017? why start this over again and on eth? the fees are way to high to create a healthy item cummunity? the exact reason enjin in now building an feeless jumpnet. 🤷‍♂️
the return policy will be the same: you’ll receive 5% back from what you paid initially.
as a game developer, an owner of some gamestonk and an eth enthousiast, i'm crying.
gamestop trying to string together as many trendy terms as they can to cling to relevance.
game stop is exactly what would happen when i bought used thiscs from them back in the day
gamestop will explode soon
wow... no fucking time...
you bet your bottom
please stop, my tits can only get so jacked!
yo this hype! esp as an owner of gme and eth, our 2 worlds are coming together lol
ethereum will run everything!
with clean nfts alternatives, i find it a bit odd they will choose eth. huge environmental impact there. bad choice. disclaimer: i'm an eth holder and fan, i just think that at the nft area tezos is miles ahead.
well what else would you build it on?
oh my god, gamestop is worth 2 bil right now. it could feasibly 10x in a serious bull with crypto. what the fuck, did reddit meme gamestop from near bankruptcy to a juggernaut?
anyone who complains about nfts loves stealing art from artists for free. that shit is done. ethereum enables artists to finally get paid for all the stuff people steal from them.
gamestop, trying o' so hard to remain relevant. shhh shhhh shhh... it is almost over.
gme throws around buzzword soup to stay relevant while they continue fleecing people
fuck nft's. it's just way for corporations to charge you for literally nothing.
hasn't gamestop made enough money off suckers?
reddit cheering on gme is the dumbest timeline
why the heck on ethereum?
i'm happy for you crypto dudes. gme might have just saved you guys from crashing more.
potential competition for enjin?
what are you guys all talking about. gme & crytpo have and always will be 2 of my favorite things.
will they be using enjin or some other nft crypto application? i bought a bunch of enjin a few weeks ago. love the idea of unique lootable items in arpgs and the like.
jacked to the tits, two of my favorite investments
what about the liquidity on it? i think we need that in our nfts. nft.tech solve that issue but wondering when are they going to utilize their liquid matching engine😬
very bullish on gamestop and crypto overall.
this is bullish af
oh man, now i do not know which one to throw all my money in
beautiful, how can i help?
this sub likes gme now?
imagine osrs with nft loot
dumb question: what is the importance of nft and gamestop? can we buy it or something? i'm new to cyrpto but i do have gme.
two unstoppable forces, the gme moass and ethereum. i'm bullish af
the best was when i saw the wallet in eth explorer all test transactions were 0.00420 eth haha
as a hodler of many gme bananas and miner of eth, this gave me feelings
this is amazing and i will be a hodler of gme tokens simply based on the fact of how much financial literacy i was able to develop in 2021 thanks to the gamestop saga. from the us system of stock trading and other things about us finance and investing, i owe it to a classic.
i think this easily opens the gate to a used game marketplace for even console players
steam would just charge a normal transaction fee to the persons account (sidechain?) the developer would ideally either ther pay the gas fees or build it into the royalty fee since they are the ones getting paid. or, steam could get a sidechain with the developers and send royalty fees over in bulk as an incentive to use their marketplace. it will be interesting to see their implementation!
this is genius. this is absolutely fucking genius. it solves the biggest issue about digital copies; buying and selling used.
they took cramers advice. who woulda thunk it
i guess gme is our friend now :)
i wonder how the trade ins will work.
it's all coming together
bullish news for gamestop!
huh... gme at the top of the crypto reddit.
bullish, eth bullish. ratiogang.com
this has the potential to be huge, dividends in crypto.
proud time to own gme and eth
was only a matter of time but eth gas prices are crazy high.
gamestop is possibly partnering with bepro. they already owns some of the bepro tokens!
bought some ethereum this weekend. gme crypto unite?
i'm just here for the portal cake nft. i need it! please make one!
i personally dont really get nft stuff. like i wouldn't want to own any. other than for useful things like tickets
lmfaoo that 0x1337420 contract
bullish asf!! literally could not have asked for something more perfect
seriously bullish. this is a huge space for gamestop to get involved in
wait for me. i had to sell to pay my taxes this month!!!
haha this is gonna be fun
power to the hodlers
oh yeah, its all coming together
i just can’t get enough money into eth fast enough.
gamestop would not stop baby
so many possibilities. nice!
you can unironically copy and paste "ethereum nft platform." from github for zero moneys.
hot dam. what an interesting idea, can’t wait to see what they do with nfts
i'm really excited for it. new here, new to crypto stuff. no idea how this works but the same happened jn january to me with gamestop.
am i missing the point? are they building a digital games platform that is not being mentioned? what is the point of gamestop nfts? collectible crap? because i do not see how steam or playstation or xbox is going to allow them to resell digital games. gamestop is a store, they do not own any games.
my tits are fucking jacked
i'm hoping it is for dividend payouts as there is no way to counterfeit an nft for synthetic shares thus exposing the naked short scandal and actual triggering the moass on the stock. cowen would get the 5head ceo award i just created in my head if he did this, i would physically make one and send it to him.
alright wrong sub i know, but if you’re as hyped as i am about this gme calls are the way to go tomorrow
nfts will inject in game earned money into the economy, playing a game for 50h to build a legendary shield will add to the rl world economy if sold, it’s efficient and logical
i’m investing in a game that would be pay to play. it’s called the sandbox.
greta goin be rich
this could be a start of something real.
this could lay the foundation for new horizons in the nft market. pretty darn sweet.
wonder if wsb allows a thiscussion on ethereum now...
they should use immutablex rather than develop their own l2 solution
pump it, i still need to get my moneys back :)
lol and everyone was talking shit about gme a couple days ago on here. glad we are all finally on the same page here!
instant top ten, how many organs do i need to sell to get onto the pre ido?
the new ceo just saved gamestop. we made it boys.
this could be a game changer
i think they’re gonna use it to encourage second hand game sales.
i'm going to send my application and see how it goes lol. i'm no engineer but i know marketing. they seem to be putting together a team
interesting, i wonder what exactly they’re going to do and how it will effect the overall markets. this could be huge or a flop depending on how it is done, but i have faith it will be good.
what do you think? is there a way to short squeeze the hell outa those nfts?
what does this mean for eth and gamestop?
bepro would be perfect
is there any place where to follow for updates? would like to get on board early with this one.
hey everyone how can i get hold of the gme token? sorry if this is a newbie question, i am quite new to how this all works. i've seen a link to an etherium smart contract but i'm unsure of how to actually invest. i love what ive heard about what nfts can be capable of under gamestop so it sounds like an interesting investment.
this has all the buzzwords i need. who do i wire my money to?
“power to the players. power to the creators. power to the collectors” power to us!
check the gamestop contract code as well the amount of ethereum and its worth at time of purchase on it 😉
crypto dividend my friends. who has to pay them? the ones that borrowed and sold shares, and did not buy them back. and what happens if they technically cannot pay crypto dividends? they have to buy back the shares. ok.
i still don’t completely understand nfts. can someone link a good source to understand it?
i noticed how they have hoge tokens in their wallet. i wonder if they will partner up with hogemint
novice question buy what does a nft platform do? does this look good for eth?
i'm glad because now the gme stock is rising and those who bought way too high have the chance to get all their money back instead of selling at a loss.
what is the general consensus on atri token with this news coming out. they've been working on tokenizing gaming for a while now.
and... the two have become one. beautiful
🎵“now this is what it is like when worlds collide”🎵
wonder what the sentiment is going to be over superstonk after them regarding crypto as a thistraction to the squeeze.
i can not believe how big is ethereum gonna be after one year
can somebody explain an nft platform to a noob?
imagine watching ads to get a game downloaded. o.o thats where it is going watch.
i would enjoy very much to be able to resell my games digitally purchased.
has gamestop become a meme entity? real talk. i get that nfts have a potential use case, but why is gamestop doing this now?
gamestop coming to crypto, nice!
ha if gamestop coming to nfts, then clearly amc will be next 😂
nft championship awards. 🥇
everyone in this thread needs to look at ultra.io (). this has been in development for 3 years and is about to release their mainnet next month. already partnered with amd and ubisoft. everything people are saying in this thread is already being made a reality.
my god, we’re crossing the streams!
why so many upvotes? it's completely unclear what this is actually goint to be. just hype so far.
this could be huge
and the prize for most 2021 sentence goes to... ☝️
maybe this will be ok but nft’s in general have been moronic so far. ya can’t own a youtube video that everyone has downloaded. you can’t own a tweet that anyone can screenshot
wow this is fantastic news. i’m guessing since it’s it finalized we could consider this a rumor? i’ll be watching the gme stock carefully - may actually invest confidently here if they can pull this off before the mass media news gets wind edit: of course when i buy some gme it instantly dips 5%. never fails
if gamestop can crack the use of nfts for digital game sales so that people can trade in their digital games. it can be both good and bad, but mostly good.
oof they shouldnt use ethereum
how does this work?
reddit brought gamestop back from the deads
so now we can buy games with eth?
another greedy corp wanting a piece of that nft cake, nothing more. idea could be good and might be a kick for the gaming industry to slowly migrate to blockchain, yet do not tell me gamestop thinks of gamers and shit. gamestop is one of the most anti-gamer-consumer corps ever existed in the gaming industry. i just hope this sparks more use-cases for the nfts other than the abundance of shitty arts.
it's a win-win for both gamestop and ethereum! cheers
someone can answer what you get when you buy an nft? let's say i sell this comment for a buck. what does the buyer get?
things are starting to look optimistic for gme
that's pretty interesting! i was wondering if shutter stock or companies supporting digital photography could also do something like this.
personally i really want to see nft items in games.
may ape in... on ethereum though? so pricey
nice to see crypto being used for something besides pump and dump and scams.
one of 2021 best news stories
what is this? a crossover episode?
look at how much money is in the gaming industry. for years now we've been told it is strictly against the tos of virtually every game ever made to use your real money to purchase an item from a player. this is such nonsense. a great example being blizzard. for over a decade now they have been punishing players heavily for this behavior. unless you're them, of course. they've fully monetized their currency but the only person you can buy. you can farm up 20 bucks worth of gold in an hour, have an actual transaction of 20 usd for that gold, but be given 15 bucks worth of credit for 1 month of gametime or in game services. this has the ability to allow players to safely and securely exchange items in game for actual money. all of it being backed by an actual block chain. the nft can actual give the power to the players. this alone just skyrocketed gme's actual valuation.
yeah someone telling they are building nft on hoge coin
yeah this does not make nfts any less stupid. blockchain does not make everything instantly better people, actually in most cases it just makes things slower and more expensive.
it's unlikely to help them.
can someone eli5 why they are building it on ethereum instead of another network such as bsc, where the fees are minimal compared to eth?
from conversations under yahoo finance under ticker gme, op is "julie": cross post from yahoo amc forum hedges cornered yes shorts are going to be in big trouble 🔬 dd 📊 i believe that the brokerage accounts know some shorts are going to be in big trouble. read below: dear client, effective may 27, 2021, ibkr will begin phasing in a new margin requirement intended to identify the inherent risk of a portfolio concentrated in one or two equity positions. this requirement will work as follows: • we will calculate the potential loss for each stock and its derivatives by conducting a stress test that simulates, at a minimum, a price change in the underlying stock of +/- 30% or, for stocks that have significantly increased in value over the last year, a return in price to the lowest 20-day average price over the year. • an account holding a short, concentrated position in small cap stocks will have each stock subjected to a price change reflective of an increase in market capitalization of (capping the price change at 100% of the current market capitalization of the stock), (capping the price change at 300% of the current market capitalization of the stock), and (capping the price change at 2500% of the current market capitalization of the stock). • the aggregate projected loss for the one or two concentrated stocks (and their derivatives) from the above scenarios will be compared to what would otherwise be the aggregate portfolio margin requirement, and the greater of the two will be the margin requirement for the portfolio. this differs from the current approach, which only considers the projected loss from a single equity position. the increase will be implemented in a series of gradual steps over a 15-business day period, beginning after the u.s. close on may 26, 2021, and concluding after the u.s. close on june 16, 2021. as the margin impact is portfolio-dependent, we recommend that you review the full impact to your account prior to and during implementation. in addition, please take the necessary steps to remain margin-compliant and avoid becoming subject to forced liquidations. to evaluate the full impact of this proposed change on your margin requirements, please see kb article 2957: risk navigator: alternative margin calculator and utilize the margin mode setting in risk navigator, select "margin 20210617". consistent with our stated policy, accounts that are unable to carry a position under this new margin requirement are subject to liquidations to bring the account into margin compliance.
lmao!!!!! i was reading comments a couple weeks ago about gamestop on here and everyone was a hater saying gme is dead. i love it
"goin on a trip in my favorite rocket ship"
enjin already exists! they should partner up
they got to hurry. gmr is already starting to make big connections in that space.
and there i was a few months ago thinking "wouldn't it be cool if gamestop could somehow merge with crypto..."
this is the power of monke together
gme and eth and nft, everyone's wet dream came to life
this will be interesting to see, watch this space!
this is just doesnt make sense, wallstreetbets bans user on gme threads if they use crypto verbiage or comment, here gme launches nft platform. what a double standard! walstreetbets is just a scam as gme. don’t buy, or if you ypu just short them. gme has no future!
thar’s why ether is going!!!!
so could this work like having a digital "first edition" of a game or something?
crypto ape brothers unite - lets fuuuuccckkkkiiingggg go!!!!!!!!!!!!!!
i think we as a community shall definitely address this issue by the project directly to make sure they at least lower the number of eth they demand for nfts. i remember getting my spider nft (from polkapets collection) for 0.1 eth in jan - those were beautiful times
ubisoft is very recently partnered with tezos, i’m a little surprised that gamestop is using a different blockchain. great for the space overall, and hopefully there will be good integration between different chains.
you realize this is mostly just pr. they probably have one dev on it. but yeah, down vote me.
great news. join us at: r
hopefully it would not be like their switch to selling computer parts and they will actually have the nft instead of just saying they do
gme dips prepared me for this past weeks correction
i would like to see gamestop and merch dao having a collaboration. digital nfts and physical nfts will be a big thing in 2022.
well, there are hundreds of nft marketplaces popping up and a lot of them would not be able to attract as many users. however, a publicly listed company entering the nft marketplace, now that is something! they'll be able to enjoy a popularity like no other and with that be able to attract new users. on the other hand, an interesting narrative by [nft.tech]( is using price oracles and having an nft matching engine. what that basically does is that liquidity providers can fill orderbooks of other digital marketplaces hence there is always liquidity. interesting to see what innovative steps other nft projects take.
nft projects are now the trending in this market. the period of nft will be june. the voting rate has risen dramatically in the last 24 hours. in my opinion, it'll keep increasing and erupt in june. i buy nfts using unifty and it is quite easy, there is no line code.
that's big news. i also learned that coindesk is working with an nft platform unifty.io i am following nif now and studying about the use cases.
i think thats a great idea. game companies probably are not to eager to allow it though. speaking of nfts, i watched a cool sesh the other day teaching me how to farm free nfts by playing the mini game, platforms like [anrkey x]( does that so its not just all money, just have a little faith as to what nft will offer in the future.i think a big player like gamestop may have a chance though of changing what it means to own digital content.
check out a community based decentralized autonomous organization that is functioned through the defi & nft system to enable a variety of functions and services including staking, farming, governance, nft staking, etc.
i guess this explains that powerful move upwards today.
nfts are horrible for the environment.
if they were smart they would build it on tezos.
big mistake to use ethereum as platform. too congested.
gamestop not realizing that the real money will come from partnership with dogecoin.
meanwhile gamestop is still a terrible chain of stores that deserve to go under. i miss the days when everyone just hated gamestop for being shit.
game stop is trash do not support them
i thought the point of crypto is we do not need institutions like gamestop???
but the gme people all flocked to doge...
nfts are so in rn! i love what gamestop is doing! and xdb as well. i heard floyd mayweather, ozuna and orlinski have all either dropped or are dropping nfts with zytara
why not polygon? ethereum has way huge gas fees
fr fuck gamestop though, they only care about pushing there shitty subscriptions and any good workers they get are exploited. gamestop doesnt treat its workers good and could care less about what we want.
this nft thing is getting out of hand. not sure if this can count as "adoption"
what a genuine waste of the good will they built up.
they should use cardano for this. low fees and pos
why would they use a forkable platform with high fees? sounds like a horrible decision.
they should choose bsc
i think they need to try binance smart chain than eth because eth has expensive gas fees
i wonder what made them choose ethereum over stellar.
how do i block this subreddit?
short of thiscovering a goose who lays golden eggs, gme is still headed for oblivion. between last year and this year, they renewed something like 75% of their brick-and-mortar locations. can't make aprofit with those albatrosses hanging around your neck.
rich celebrities and shitty youtubers
nfts have extremely far reaching implications. it's way more than just art and nobody is really talking about it. it's a unique digital identity for something represented in some way. consider how nfts could be used for: \-voting systems \-land rights \-payment systems \-contracts like work, sales, finance \-proof of ownership \-digital id like birth certificates, etc. \-insurance ' even things like research documents to confirm credibility and probably way more ways that we can even think brainstorm right now. ' edit:grammar
that's why i'm really interested in mist project. guys are developing mmorpg where pretty much all assets that are owned-game will be nfts. no dodgy secondary markets like for poe or wow.
*get more money and write it off on their taxes...
yeah company known for raking customers over the coals on their game trade ins for 2 decades, will surely be offering nothing but value by selling digital collectibles to their neckbeard customers. this shit is cigarettes for straightedge dorks.
gala games is doing this already. they put in-game items as nfts on a blockchain. there are other project who do a similar thing. the gme article does not even explain what nft they will use. so i wouldn't say that i'm glad they have an actual use case.
how is it suposed to work? if anyone knows i,m really curious.
agreed. this is going to be amazing to see what they can implement. i love gamestop and i love blockchain. this is mega exciting.
there’s tons of use cases for nfts... axie infinity has been around for years, and that’s just one example of utility based nfts you can use.
check [gmr.finance]( they have pretty interesting use cases for nfts for gamers
what about zed run? that's the first nft with real utility imo.
at some point every piece of media with a copyright will be an nft for digital pay per viewing, much like how getty images is now
what’s the use case? what are they selling as an nft?
this reeks of the same move kodak did to embrace the blockchain...years later nothing.
haven’t you heard of enjin? pretty cool stuff.
buy sell and trade digital game licenses ?
don't forget the no good dirty rotten corrupted elites. 😂🙌
you realize small time artists who are definitely not rich have also been able to supplement their income too, right? of course the nft space will be dominated by rich elites at first. that’s how it usually goes in most new innovative technologies. nfts are more than “lol charlie bit my finger lolz!” i’ve heard of multiple small time local artists making like 3k on an nft sale and being able to pay their rent.
i feel like game stop got rekt so they have nothing to lose and ntfs are like trendy now so why not try it out? hopefully it ends up being a success that would be amazing for eth
should be interesting to see if this is legit or just gamestop trying to ride it’s attention wave.
is this a crossover episode?
i must be dreaming...the only crypto i have left is staked eth.
as a tiny stake older in both. i’m just a businessman doing business.
power to the players and 🦧
power to the player.
game stop, game on, what is it?
my unplayed steam collection is going to be pissed.
everyone except the planet. rip
in the end, all the degens of wsb had made something great of gme. i applaud yall degens!
now they just need to get into the weed industry. crypto + games + weed = holy trinity for that market
agreed! nft's seem like they could be a gamechanger in many video games.
this is not 2018, buckle up boys get your space helmets and buy the fucking nice one
and ethereum is much more limited than polkadot's parachain abilities. enjin team has been in this space for awhile and migrated away from ethereum to dot.
do you have faith in atari coin? would be cool to see that brand have a rebirth in the nft age.
i got 3 words for you! ultra gaming platform ultra.io
yeah dude but i dont see it specially coming from gme,... like why would gme be doing such things when blizzard riot etc could have easily done it,... like they dont need gme to sell their shit,...
meh one is thinking a little bigger than just “art” lol. but in hindsight what crypto can do for stocks is a game changer. i am happy to be here in this time; though i wish i was younger so i may live to fully see it implemented! the start yes nft for games and limited editions etc; traceable content. but if you look further you’ll see a token as a share ; no more synthetic shares you own your own shares direct to wallet trade decentralized etc. going to the address and reading the contract reveals some cool shit lol.
kinda like hunterxhunter with the greed island.
hope enj get more attention from this, or is at least on their radar! either way, i'm going to buy more eth and enj!
cannot repair teeth with a smart contract, so not limitless. but smart contracts have many applications within certain domains.
well if eth ever solves triple problem then anything can be tokenized and be liquid. xrp codius was supposed to be like this but for some weird reason ripple stopped developing it. codius supposed to be a smart contract platform utilized xrp which is fast already and basically feeless. that was main reason i invested in xrp but after sec and all bullshit i switched to eth especially before eip1559
the wax blockchain is already implementing it. a pretty interesting concept. for example, characters, power ups, tools, items, etc. are treated as nft cards that either can be equipped to enable that item. also the actions inside each game are regulated by smart contracts.
could you kindly explain your analysis on specifically gme utilizing smart contracts and what that means for the stock as well as eth and just because i wanna retrieve a little more time from your life, kindly also talk about what this means for video gaming in general. i’m paying you right now, in smiles.
on polkadot, yes. but not ethereum. gme will find out sooner or later.
nfts might be useful in the gaming context, but gamestop doesn’t make anything. they’re a powerfully uncool brand among everyone but their investors, and they’ve shown themselves to be uncritical participants in scams like the intellivision amico. they continue to thrash about looking for ideas as they drown, and their reddit boosters think they’re watching a world class swimmer.
they also own 0.42069 of one eth. lol.
noooo, i need the eth bull run after the squeeze so i can convert my tendies into crypto first
this is the play (way)
stop, stop i can only get so erect
stop... i cannot take it!
sorry about all the spam you guys endured. we friends now?
crypto world keeps us on our toes.
time we all got along. time to stock up on some ethereum i think. i mined it in 2017 and did well but gave up when the gpu's started dying for unknown reasons
i've been into crypto for 3-4 years now and have been following superstonks for the last two months or however long since it was created, i gotta say those guys over there are doing some crazy research. i love it cus i love conspiracies too and they are bringing crypto conspiracies, normal conspiracies and fucking over hedge funds into one hilarious bundle. the humor of people drinking there own piss when gme goes up 10.
money makes friends. feeling bullish.🚀
[insert predator handshake meme]
well i know what i’m buying when i finally sell some shares!
only because it was not relevant. now it is.
we're only mad about the lunatic moon boys that brigade the sub
let's work together instead of getting mad at each other 😋
cuz our crypto was tanking and we were pissed. this is a forgiving group.
nations fight hardest when they are closest. european wars, american civil war, india pakistan war, china japan war, north south korea war, israel palestine, rome and greek.but in the bigger picture when a yet even further nation force attack, neighbors band together and defend each other and fight side by side. before resuming the neighbor war i guess
i forgive you. now get on that 🚀
join us plenty of gme shares to go around lmao
my tin foil hat believes that was orchestrated by gamestop execs to hype us up for the nft and gamestop token reveal today. you cannot convince me otherwise.
no doubt, it is like two of the things i've been reading about the most for the last few months and now they are together.
can you elaborate on the implications of this? not really sure how this could be such a massive gamechanger?
they're not the first to the party... they're just a big retailer name. enjin has been doing this for awhile now, and already partnered with minecraft. they're building a new chain on dot now because ethereum did not offer as much in terms of customization. check it out, if you're inclined.
3191, fucked up looking at my score to see if i was close to a meme number
gaming industry is an imense market, such good news
they seem to hire an assload of developers. i hope they come up with something for ordinary people like me. it took me just a few minutes to buy their stock and i never bought stock before. it took me days sift through tutorials, find some legit looking shops who sell wallets in germany and finally buy some crypto. and i still don‘t know how to sell‘m sitting on my crypto since ages. so if gamestop starts selling wallets in their shops and comes up with easy to use apps-apps, it‘s definitely a gamechanger.
it might also show some crypto users the potential in gme as well. double edge sword if you will
i'm ok with streams crossing this time
i do not even have to scroll down to know there is someone downvoted at the bottom claiming this can be built on bitcoin as well, might as well buy bitcoin.
i've been lurking here for awhile...gme brought me here because i knew it would moon and i wanted to put the resulting tendies in crypto. now i have two reddit fams: apes and crypto fans luv to both 💕😎
can't stop, would not stop. gamestop
and not to mention gamestop is now also debt free!
completely, ryan cohen is the saviour, we're betting on the man and he is delivering.
it’s on sale till shorts start covering. then the rocket.
literally everybody told you
definitely not too late.
i absolutely love that they made it a priority to get a contract address that starts 0x 1337 420
i’m only ,000 in but hoping you’ll be a billionaire after this is done.
ask your broker for your control number and the proxy vote info, and go vote! help prove just how much this has been shorted.
not yet. probs still few months away. tits jacked regardless.
mother of all short squeezes in case you're wondering
since nfts signify ownership, that means you’d be able to resell your games after you’re done playing. that would also mean that i can be less worried about steams 2 hr. refund policy and actually buy new titles to try out, since i can always resell them if i don’t like it.
because gamestop has full access to games not offered on steam... nintendo, playstation, and xbox imagine being able to digitally buy and sell old games from back in the day... like the sega games... as nft omg bullish af 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🌕🌕🌕🌕 edit: gamestop might decide to buy out steam in the long term... who knows?!
nono not really wsb
i'm liking the tokenization idea the most, post squeeze of course. how many other tech based companies or heavily shorted companies would follow suit? blockchain removes the manipulation factor it is a no brainer.
i'm just learning about crypto so please be patient with my question. i have , can i buy this nft when it comes out on 7?
if you're looking for crypto pros, you've definitely come to the wrong place.
same day as the london upgrade, that is smart af
come check us out, i encourage you to binge read the dd.
works on mobile too, top score for me is 355 :/
we have not decided yet. but this is promising.
depends wether or not you guys will keep referring to all the superstonk people as „we“ spamming us to buy gme, read the dd and downvoting anyone who calls you out on it. there’s lots of nice people in superstonk but they are very cult like.
some are just salty that apes have been right this whole time. dd is solid.
no i will still call you a cult
it's just dumb fucking tribalism. "my team is better than yours" thing. now that it looks like gme is on the same side as crypto this sub will stop shitting on it.
wut? i joined thinking it was a cult!
i'll buy more gme if you buy more eth bb
no. just another hustle entering the space.
well actual news about a company is a lot different than 40 page research documents about the sec and hedge funds
most likely they will build a token. i think it might to resell preowned games as nft’s or trade old copies in exchange for gme tokens? if so, this could thisrupt the traditional gaming market. this is huge news tbh
me to! totally losing it. haven't been this excited since i was a kid at chucky cheese 😂
eth 2.0 on the horizon. it cannot come soon enough.
people downvoting being so salty. oh god an established company trying to turn themselves around making a legitimate use case for crypto and adding stability etc like holy shiiiiiiiiit. the crybabies out in full force
already have been for a couple of years.
i don’t know about that. eth’s rocket is wayyyyyy bigger than gmes.
they can use immutablex which is a layer 2 solution on ethereum specifically built for nft’s. gods unchained cards are already tradable with no worries on gas fees.
the head of this project used to work for loopring, an ethereum zk rollup. they'll probably use similar technology to avoid fees for their nfts. plus, large companies probably do not want to take the centralization risk of building on matic.
it's already made on eth and they put some effort to get 1337420 42069. the token can be proof of authority also so no fees... or can wait till eth 2.0 we do not know yet.
all the real apes are in r
which is good all of a sudden? we do not like the hype of dogecoin but the hype of gme is ok, apparently.
superstonk is wrll aware. so is wsb
well, disney pioneered 3d tech and used it in movies and shorts early as they could. they just failed to go as far as pixar—but i get your point. 3d accelerators almost instantly led to gaming use cases.
upvoted because i sorted by controversial and this made me think. but for the record, i thisagree. nfts and games and gamer culture will be an interesting mix.
ethereum is the most popular, but there are numerous other blockchains that support nfts: bsc, cardano, elrond, polkadot etc...
its stock price does nothing to affect its balance sheet or income statement, save how it might boost the value of its treasury stock. just because it is trading higher does not mean it has smaller debts, more revenue, or higher profit.
or its just new leadership identifying and implementing ways they think will generate revenue. long crypto and long gme and no idea why some people in this thread are soooooo salty cuz they are attempting something. oh boo hoo cry a fuckin river.
-on for this scam company just because they get involved in crypto, big fucking yikes. next they are gonna upvote nazi's for making swastika nft's
because ethereum is by far the biggest decentralized smart contract platform? and fees and scaling are already solved with layer 2, you can use it right now.
sounds like they are going to do their own. i have enj and the team moved away from eth as a platform for obvious reasons. hopefully they ask to join enjin's platform, that would be neat.
back in the day it was internet slang for "elite", pronounced leet.
they will still screw you.
no, they should use doge
someone just needs to write an interface that is similar to istock with the same quality photos and i could see the industry supporting it. right now that just does not exist.
sounds like a plan! well merch should cash in opportunities like this to move up the ladder step by step. nfts are trending and mrch should really make use of this and gain popularity among investors.
no tha was t-21. nft wasnt uncovered until after the market closed.
ikr! where were y'all while they offered you .50 store credit for your damn near brand new game
the beauty of nfts is that the original creator can make a profit off of each additional sale. the main reason game developers hate the used game market is because it is directly competing against them. nft style video games would encourage developers to allow you to transfer're done with them
they do not but people are excited about the possibility to resell.
how do nfts solve these problems in a way that general cryptography solutions do not? i do not need a blockchain to transfer my birth certificate around, i can just have the issuing authority cryptographically sign it.
nfts are useful for none of these things.
if you truly believe this i have an nft of the brooklyn bridge to sell you
is this copypasta about smart contracts or what?
tl;dr they do nothing significantly better than the normal way
it's smoke and mirrors to keep the money flowing in
in the best way possible, yes.
happy cake day, bojack buddy!
just hold it player 👌🏻
same. think i’m going to have to add some more this week. once i get gme trendies bunch of it’s going into eth.
the only thing i have left is ada, i'll just have to diamond hand it and buy some eth at some point
can't stop, would not stop, gamestop. very excited about the nft! change the game.
all of the above.
can't stop. won't stop. gamestop.
imagine diablo 3 or world of warcraft with nft loot imagine online card games like magic the gathering with nft trade-able cards imagine d&d rpg style games where your character is an nft that can transfer across multiple video games imagine being able to resell your digital downloaded video games just some stuff i like to daydream about
how about you make do with just one; being able to sell digital games through nft’s. i’ll see myself out.
sorry i’ve done no research on that coin but any crypto related to gaming is cool to me
do you want to give a reason? immutable rollups keep all the security of ethereum l1 and makes nft operations effectively free at massive scale. it's also permissionless unlike how vc dot holders can deny permission to parachains they do not like.
and it cost them .
one of us! one of us
please please please let the squeeze give me enough to run a node!!
the amount of fucking matic i would buy w my tendies 🥴
can't stop, would not stop, gamestop!!
this is the way. plan on doing this very thing. gme squeeze is going to cause a crypto price crash as hf liquidate. buy in at the lows after they are margin called.
no hf fuckery can stop this friendship. in the end, we have the same goal. rethistribution of wealth.
most likely shills tho
now kith - mike tyson
ditto. i'm copping an eth wallet for nfts, now gme ones apparently. worlds colliding
eth is the way
or shove a banana up their butt
diamond encrusted tits jacked
pretty sure superstock predicted an upcoming nft's announcment months ago
then the fire nation attacked
nft ownership of your game licenses for one (“used” marketplace for digital games where the dev can still get cut in) nft loot within games
don't we have tezos and ubisoft as well?
absolutely! if they allow buying and selling of digital purchases with this, they could even give steam a run for its money.
as there are more use cases, the technology will advance so that ordinary people like you and me will be able to access it more easily. it's similar to how when computers came out, people that knew how to write code and use dos got it immediately, but as soon as windows came out with the gui interface, then it became intuitive for everyone. we are slowly getting there.
selling? just register to a well established trading site which has your chosen crypto (ex. kraken) and deposit your coins there, then find the sell button and press it to get the market price :d
> double edge sword lol what does this expression mean to you?
making money is the glue that holds us together
reddit fam with the money farms.
imo, squeeze or not, gme is extremely underpriced right now.
what's a good trading app for stocks? i got rh just for the freebies from referrals, but idk if it is good to buy on. i know it is not good for crypto.
nobody told me that.
this! you can only vote if your shares were bought pre 4
now that is a crossover i can get behind. double dividends.
cue space meme with the guns!! 🚀🚀🚀🚀
not a few months. we will see in 2 weeks.
yeah and i do not have to force myself to buy stupid hard copies anymore.
why would nintendo let them do that and take away sales from their own digital store?
so... do you think console devs will just allow that to happen? have full gme integration into psn and xboxlive for the sake of people being able to resell their games and potentially even ingame items or cosmetics (most devs really do not like that), making them lose out on digital store profits?
overstock already did it and i believe interest is growing. sec, dtcc, and other alphabet spaghetti financial corruption protection agencies were all against blockchain stock markets but it seems we've found a way to leverage thistributed ledger technology anyway.
truth told we do not know what these tokens will be used for. i speculate a bit about 4 possible uses in other post
i was not looking for pros but i'd be surprised if a 3 million strong crypto sub did not have any pros in it. i do not seem to have understood the point of your comment. unless... have i met your type before? in which case i fully understand your mo.
oo nice, good spot
fr. this crypto shit would drive me mad.
yeah, i got to 600 and thought i’d land the kitty in the rocket ship, turns out it’s an obstacle too.
months of fud does that
i was one of those. my apologies. you ever get excited about something and want to tell people you care about? i was in crypto before i was in gme. my heart was in the right place but i was wrong.
says the person in the vaush cult.
news about the company has been coming out regularly and bullish af. new product offerings. revamped website. paid off all their debt. acquired 700k sq ft facility in pa. ryan cohen as chairman. the talented new hires. raised 550m through equity offering.
they have registered a token
ya i think having a legitimate use case for nfts by a corporation is an excellent sign for crypto.
long term for sure, the short term, gme. is the fkin moove
oh shit, have not lurked wsb since the gme saga kinda ruined the sub
it's good because it is adoption, is not that what we want?
this is so fucking weird, why are you guys excited about this scam company that scams its customers and employees? just because they do something related to crypto we need to praise them????? they are a shitty scam company trying to cash in on nothingness that nft's are.
no, it is definitely the buzzword soup thing. i remember when gamers used to think that trying to squeeze more and more cash out of gamers using things like micro-transactions and held back content being released as dlc were bad things. throw blockchain into the mix and suddenly it is fine? or is it that you all think you'll be able to sell the nfts and you'll effectively get paid to play games. because that is been tried before (in centralised ways) and it pretty much always ends up with bot.
this is a fucking scam company, there is a reason it was hemorrhaging money and going bankrupt, because its a greedy shitty company that treats its customers and employees like utter shit.
that would be cool if merch dao sells some of those game stop physical video games on the website and make them as physical nfts.
the job posting was also in the news 6 weeks ago.
they can deploy to polygon, xdai, avalanche, solana, cosmos and its projects. if people do not need to send + of value at a time, then they do not need to pay -"chain security".
and scummy twitter accounts.
owned by shitty youtubers
cnn being one of them.
they did not even need to take it offline though right?
when i was young, i used to giggle with that video
my friend asked me why this would be useful or wanted. from both perspectives if steam suddenly allowed something like this: seller: i have 200 fuckin steam games ive never even looked at. just dump them all up on the market for .1-. i could come out with enough to prorder cyperbunk 2069 and the dlc! buying: holy shit i can get like 50 games for ! in addition they asked why anyone would buy new games anymore. well because you can jam through them and resell then a week later and get 95% of your money back.
but i doubt the small profit margin they would make would be comparable to actually just selling another copy. also, i dont see what nfts have to do with this. steam could just already set up something similar to that by charging a small fee and splitting that with devs, no? dont get me wrong, i think crypto is cool, but i really think nfts are a solution in search of a problem.
this is not in the link, is it?
nope, that would be normal tokens, games are fungible
how exactly would this work? can someone logistically explain it? like my understanding is gamestop does not control the issuance of digital activation codes for games...so how would they package them as nfts.
you answered your own question. it does not.
the person above has not really seperated the use cases for nft's compared to the use cases for crypto as a whole. all of the use cases that , not nft use cases. the only one close to being an nft use case in their list was land rights, and that is a stretch. nft's are used for things that are tradeable such as goods. most commonly collectibles.
say you resell the birth certificate, and the recipient then sells it again, etc... each time you can earn 10% of the sale value as a royalty, in perpetuity
it’s all about decentralization vs centralization. nfts on eth live on a decentralized blockchain, whereas a central issuing authority is different. nfts are trustless and permissionless, which enables global adoption rather than relying on an anemic central entity. crypto was always meant to take power away from these central authorities.
exactly this is pandering to a very specific market to keep the money flowing in
you create an nft of your house deed on blockchain. typically, to sell your house, you need to go through authorities to certify, tons of paper work, banks to deal with loans... etc. with blockchain, the buyer can take a loan out using defi and send it to a smart contract, you send your nft house deed to the smart contract, swap occures, you get the money, he gets the house. done. that's the main advantage of smart contracts. less friction in trading, 24x7, secure, guarenteed and cuts out middlemen saving costs. nfts are just one part of the puzzle.
you do if you live in africa where there is basically no trust in authority.
glad someone else caught that. the only one that is even slightly relevant is land rights... but that is a major stretch! the guy above you does not seem to know the difference between nfts and crypto as a whole.
what are suitable use cases for nfts? i am so confused right now. some people say they will solve a lot of stuff - others say they would not do shit. some of those people know as little as me and some know more. heck
i'm so glad to see so many people replying like this. nfts are pure bullshit and it seems a big chunk of people realise his. maybe humanity will make it after all.
i'll soon be addicted to gmeth and will never go into rehab!!
if he’s staking from us, he’s forced to stake until 2.0 launches. i know 😔🤣
"trendies" nice try hedgie.
very bullish, love it non stop
you should look into enjin then, they been working towards this for several years now.
like what? just paying for games w crypto?
wow with nft loot?!?!11!1! time to bust out my old toon, illarra
holy shit, i never imagined it could be that big. good thing my portfolio is 95% gme and 5% eth
back in the everquest days, you were able to sell . then you'd meet in the game, after payment cleared, and transfer the item. similar but now can do a smart contract on blockchain. and, as you say, game developers could create rare items as nfts. it is limitless...
and why could not that be all centralised?
why would they do this on eth with crazy high prices not build their own though? why would they bother with either when they can just build a regular database which would be more efficient
is ryan cohen building the oasis like in ready player one?
how is this different than having a publicly available to read database? for example steam cards. the only difference is that you are dependent on 1 company to keep the database going but other than that it is identical. and if that database is worth billions(thus bringing millions in trading fees), the company would keep on maintaining it. i sometimes feel that people in this community dont understand that databases already exist. and there are companies that have kept those databases going for many decades, especially valuable ones(like banking, stocks, etc). and those databases are much more efficient and faster(compare the cost and speed of visa transactions with crypto ones).
but why have them be nft's? there's already games that have sellable items, what's the added value of having them be nft's?
why would it be any different if they were nfts? you can do all that anyway
you cannot resell your games because the makers do not want you to. not sure how nfts would circumvent that.
can't wait to pay .
none of these things require "nft's". they were all possible 6 years ago using a system similar to cryptokitties. remember that one? people were saying the exact same things then, but nothing ever came of it.
there is a game in development called skyweaver that is trying to do it. basically it is similar to hearthstone or any card game but the rarer the card the higher you can sell it on the exchange. each cards is apart of the blockchain and you get a wallet to store your cards in. it's in beta right now and i can see this blowing up. link to the private beta:
can you explain to me how that would be meaningfully different than all of those example just with a centrally managed database? none of those seem like something that needs to be on a token
help me out with how an online card game with nft tradeable cards would be superior to the mtgo model? this is near and dear to me, my career is in trading cards. i do not understand how a block chain saying i own this card is any better than their platform and database saying i own the card, when the card can only be used on their platform.
if developers. no need for nft for that. bu they do not want you to do that. card games is basically already nft. transfer characters across games? the games would have to be made to be compatible with each other, which they can without any nft. nft would not make devs want to spend resources on that any more than they do now. again, if a store wanted you to be able to resell your games they would already let you. they do not want that. you'll just have to continue dreaming, mate.
the game will be overrun with bots, cheaters. every action will require captcha.
nfts are stupid though
> imagine online card games like magic the gathering with nft trade-able cards remember artefact? turns out people do not actually want magic the gathering economy model online.
probably a naive question, but couldn’t all this stuff have been done before? sure smart contract and nfts massively simplify it for developers. but i always thought the lack of in game market places wasn’t because it would be hard to facilitate trading items between players- but because it reduces consumer spending. so what would be the difference between using nfts to trade cosmetics and the system used in csgo for example. what are the incentives for game developers to include this features?
exactly what i thought! develop a cod character that you can transfer and sell. spend a year developing and sell it nft. huge money... simplest huge!
besides the game reselling, everything you listed is absolutely pointless.
this is the shit i've been talking about since i learned about nft's. league of legends and dota nft skins? hell ya that would sell.
magic the gathering is working on it
resell my digital video games!!? gasp. what is that sorcery? i’m in.
i just got a digital hard on
i still struggle to understand nfts, honestly. i’ve barely figured out crypto. but still excited for all of this!
used to clone the shit out of soj in diablo 2 and sell them on ebay for batches of 10,50,100,1000. all my dope dealing friends in high school never believed i was making bank playing video games. fuckers still made me buy my j’s off them and we were all makin money.
there already is a trading card game built on crypto. heard its actually pretty good too. though i have forgotten what its called
but gamestop cannot just build those. the game makers would have to be on board.
sure, but why put any of this on an outside blockchain subject to forces not under your control? why not just use a controlled in house blockchain?
but they do not own any of the ips so unfortunately it would not happen.
big time studios is working on at least part of that :)
d3 already closed down their fiat auction house because adhesion to anti money laundering laws was too hard, why would nft loot be any different?
how is this any different than me owning a deck of magic the gathering cards and selling a card individually?
wouldn't that just make every game pay to win? it's easy to imagine how ntfs could be implemented as loot into games like diablo or wow, but would it be a viable design decision for the game where its playerbase inherently thislikes power buys. diablo 3 had real money auction house (players could buy and sell items with fiat) and it was thisliked to the point where it was removed in the next update.
this would be great, i hate having to hold out for new games for so long because of my reluctance to fork over (still waiting to pull the trigger on demon’s souls for this reason). would be nice to have more options especially since the majority of games i buy are digital only.
this is why i'm bullish on mana. look at the economy wow created which led to microtransactions on the black market. that was 20 years ago. imagine being able to create gear for games and getting paid for it in game or with real currency. this is the future and it is massive.
there already is an online nft card game in development, and it is a doctor who game! you can buy packs now, buy and sell cards in the marketplace, and withdraw your funds via paypal after a kyc check. the playable game alpha is coming in a month or two for founder token holders. full game release in 2022, and it is backed by the bbc. it will be ftp, with different collectible frames with unique serials for the nft collecting crowd. i have a few serial :) lost relics just closed its alpha registration for new players, but is a lot like an nft diablo. i would definitely sign up to their email. lostrelics.io
those dorky little pre-order skins could actually become tradable. skins could actually become collectible and tradable, potential use across multiple games if developers allow it.
i would also like to add: imagine if all games had a shared nft currency for transferring in-game item skins from one game to another. say from overwatch to cs:go.
please…diablo…let me leave…i beg…
what confuses me with this is that the gaming community hate pay to win games and developers have eventually come to the conclusion that aesthetics should be the only thing you can pay for. why do gamers suddenly want to pay to win just because it is based on nft tech?
i kept thinking this playing smite earlier
god's unchained is already an nft tcg that is arguably better than mtg, mechanically.
diablo 3 auction house was a thisaster though. real world economic stuff kills the illusion of progress in a game, because when you compare against supply and demand and notice that all your work equates to pennies, that does not feel so good. imo games would not benefit from blockchain loot, only botters would benefit.
my peanut brain does not know what 'nft loot' means? how's that different too 'randomised loot' which is how many games work atm
i hope we go full circle and vitalik will have solved the issue that originally motivated him to delve into decentralized technology.
imagine having to kyc to make a wow character
most of which can be done without nfts already. the only thing nft adds value around which is new is second hand games. i love gamestop and crypto... still bullish and think we'll have some good new ideas coming into the field
the possibility are big indeed, still you need to make the game develloper and game studio to accept this, although it should not be hard to make it acceptable for greedy studio if they can get a fees for each transaction.
how exactly would nft loot differ than something like a super unique one time only item? on live servers you cannot dupe or anything like that. they have a few items that there are only one of like the legendary necklace from mc and the lime green mechano strider.
this will be so great! no resale option is the biggest downfall of buying digital games.
imagine taking your physical copy of your game (lets say a sealed og packaging ergheiz on ps1, or just a random old mario bros) , and trading it in for a digital nft. then either selling it online or playing through an emulator. imagine taking your mint condition magic card and vault storing your collections as nfts to reduce potential damage to it. imagine a decenteralized game renting community.
> world of warcraft with nft loot that would cause a renaissance of wow botting
ntfable cards in magic. you son of a bitch, i am in!
except those things can be donde with a database... if you can replace blockchain with database, and it still works, you are looking at a shitcoin. bitcoin is the true blockchain. the rest are applications to a problem that we never had.
diablo 3 had loot with a real market value and people got upset about it. the rmah was removed.
being able to have actual ownership of the game and license would be insane. having a decentralized marketplace for games where you take ownership and later can sell that game will change the industry. nfts and gaming, oh my.
all of your examples rests on the ability to openly trade your progress is a game, which for the most part is strictly against tos for a very good reason. also why on earth would you need a nft for something that only works inside that game, like a piece of loot, just nonsense
i'm imagining, and nfts just made all those worse. now my laptop gets hacked, my private keys get stolen, and all of my loot is gone for forever? literally not even the guys that made the game can recover it. i'm imagining that to sell a rare sword costs me , after i already lost money converting dollars to eth and eth to whatever token, and just before i'll lose more money converting it all back again. i'm also now wondering why they designed their service like this in the first place. i've accepted a lot of trouble and inefficiency just to have "decentralized loot" but i did not really gain anything for it.
i wouldn't mind getting nft achievements...especially on steam
the start of the oasis.
imagine the tf2 hat scene where unusual cost millions instead of thousands!
the only problem with this is the is against current business model for most games that double dipping, publishers have a incentive to not allow this as it would allow for the end user to resell parts of the game that they wouldn't get a big enough cut to justify. they put up .
i tend to think any link to meme stocks is not great, but i love the wow nft idea. whenever someone says they do not understand nfts i say imagine you can buy leroy jenkins' armor that he wore in the video.
two more things: nfts can enable the publisher and the marketplace to earn a royalty on secondary sales of 'used' games. but even better is that nfts allow the community to develop in-game content and profit from their work along with the game developer and marketplace that enabled it. this is especially valuable in a secondary market, where you could theoretically trade your community-developed content from a game you no longer play for something in a newer game that has a comparable real world value and all parties who participated can split a small transaction fee.
lol none of the things you mention are accomplished by dlt, in fact it is entirely useless because games are centralized by default.
all cool ideas in theory, but how would gamestop be owning that exchange? wouldn't it be devs, sony, microsoft, etc?
i don’t get it, all of you examples could be in a regular centralized database. would using the nft just leverage that tech to make multiple ways of buying and selling these items? i guess gme would be the “creator” and get the commission from each transaction?
>imagine d&d rpg style games where your character is an nft that can transfer across multiple video games and brizt'do turden has the ball, he is driving down the center line, shoots, he scores!
i just started playing gods unchained recently, pretty fun mtg style game with nft cards
when virtual reality becomes more prevalent there is going to be so much use for nfts with regards to unique or resealable content.
imagine a cryptocurrency where the underlying value is a video game... ‘printing’ games has a lot more social utility than the feds printing money to give to the rich.
resale is huge and the original manufacture can still get a small cut each time so everyone is happy, win win win win all around
reselling digital downloaded games !!!!!
lost relics is a d3 style dungeon looter with nfts as loot. it’s still in alpha and the drop rates are fucking ridiculously low but it makes me hopeful for nft games in the future. i found a . played for about a week and never found another.
dude. ability to resell digital downloads is something that i really havent thought of. bullish af
an nft card game like magic does exist
bro how do we start this, ju anh me babyyy
this is the gaming i've been waiting for. there are some games like this already, but it is still early stages. have you checked out god's unchained? decent card battle game similar to hearthstone
yep, glad i still own a ton of shares purchased at . edit: for those that are not aware, the gaming market is huge. hundreds of billions of dollars at least. gamestop has to execute damn near perfectly. that is the risk, but the most talented people in the world are working to make this happen. i own shares in gamestop, and i bought eth right before the crash happened (and bought 6x more as the dip happened). i also own shares in certain other companies that do a large amount of business with gamestop, so i am invested... take from that what you will. don't dive in and invest more than you can afford to lose. i happened to make many thousands from betting big on the gme nonsense earlier this year. i've dumped most of that money into an even bigger bet and there is a good chance i could lose all my profits. don't bet money you cannot afford to lose, but if gamestop executes, i will have turned a few thousand into millions. if not? hey, it is a learning experience. i'm not rich, i make a decent middle class salary for a large family (which i have). just holding and waiting... oh i'm also not scared to sell, i just cannot be bothered to. watching gamestop rise from the ashes is just too good to miss. pass the popcorn baby!
that would be amazing diablo3 nft. heck even diablo 2 nft with all the bugged armies and weapons
"cool! i cannot wait for people to be able to sell copies of my game, but without me getting any of the money from it!" \-said no game developer ever
it's pretty exciting if you ask me. they're partnering with zed run too (nft horse racing if you're not familiar).
enjin has been working in the nft space for a very long time. i do not have firsthand experience but i'll accept their judgement to influence mine since they are more of an expert than i will ever be. that being said, i'm happy to be wrong. the enjin team shared they found eth to be inflexible in regards to their smart contracts when compared to the customizable options on polkadot. their vision is creating nfts that operate as in-game items that can be transferred around to different games, resold on a marketplace or minted back to the actual monetary value of the coin it was built on. since people were speculating that gamestop would do something similar, i do not believe that to be the case with the ethereum network. maybe they will, or maybe they are simply trying to create an nft marketplace. the other reason they jumped to a new blockchain is because they found dot to offer better interoperability as a way of interacting with nfts on all different chains...\\ my perspective is that enjin found their options to be limited when utilizing the ethereum network. they could not do everything they wanted to and found better options elsewhere. i see this as more of a product than a network that requires the decentralization that ethereum emphasizes, so i believe there are most likely some trade-offs.
these people are fucking *omega memers*
what if it was a market buy? legendary
that´s enough for about 35 nfts in current transaction prices! noice.
if you have 32 eth is it better to run a node and keep it all or start a pool? if you want more money that is.
here we go again
it’s “mr. mike tython” to you...
i'm not the best person to answer but yes, eth's usage is as a base sort of network (bad way to put it) for altcoins and nft. even reddits tokens.
ethereum is a virtual machine running on the blockchain. the programs (smart contracts) are usually written in solidity. getting the machine to do stuff requires "gas," paid with . right now gas prices are stupid expensive, mostly because of decentralized finance—they have reason to bid more for best execution—and the devs have been working on a few solutions that should be implemented this year.
it was speculated. but no hard evidence at that time. just wishful thinking in comparison to the overstock story. but now it is real.
it's okay to recognize where you've come from, even if you've moved on to better places.
why couldn’t steam just add something like this? whats the point of the nft?
this is what i've been struggling with. how do the devs still get cut in?)
interesting, didn’t know about that. i guess ubisoft did stuff on there own but decided to join tezos
1249. first try and half drunk. bahaha was 1249, not 1
be it that ryan cohen beat amazon at their own game w chewy, i'm confident he can bring the heat against steam.
as soon as someone gets crypto over the chasm... like windows 95 did for operating systems a whole new world.
a sword in the hand is worth two in the bush
i think in his mind it is like darth maul double sword
i believe the closest thing to what he meant was non-zero sum game lol
taking our stolen money back from hedge funds too.
robinhood is as reliable as buying stocks from the crackhead on your street corner. fidelity and vanguard are your best bet, and they will not restrict you from buying or selling shares
rh stopped the buying of gme in jan rh stopped the selling of doge in may never use rh unless you do not want to control your money
rh was one of the brokers that stopped buying in january, and we usually recommend not using them for that and other reasons. i personally use webull, who also stopped buying for a much shorter time, but also who's ceo was pretty forthcoming, but we do not really know if it is the truth. i like the ui and it is commission free, which is a bit of a double edged sword. apes usually recommend fidelity, to the tune of 4 million accounts moving from robinhood to them. they recently updated their app as well and it looks much better
definitely fidelity. i switched to there from rh and have been extremely happy with their customer support. rh did not even have a phone number you can call...
there were like 3 threads here
ah damn, you’re right. i got confused with amc doing a revote with purchases as of june 2nd, i think. the smooth brain strikes again.
because nintendo and other developers would get a % of the profits on used games sells which they do not get rn.
they would not. and neither will any other company. the "reselling games" nft usecase is a pipedream invented by speculation. i guarantee that is not their use-case, and instead it is going to be lame ass collectible nfts.
nintendo might opt out, but it is more likely they might issue a partnership contract with gamestop that allows them both to get paid with resells of the nft edit: remember, their business model relies on making new consoles. the old games for old consoles do not make them money... but they could through nft sales with contracts
i know the door to microsoft partnerships is already open. gamestop already gets a small share of revenue from those consoles for that lifetime. > gamestop and microsoft will both benefit from the customer acquisition and lifetime revenue value of each gamer brought into the xbox ecosystem. what's to stop them from offering a real, robust, solution that allows xbox gamers to resell their digital xbox games. on the gamestop blockchain system. kind of a far reach yeah.
i believe when you mint an nft, you can make it so that every time it is resold you automatically receive a percentage of the sale.
they make new games for that reason anyway 🤷‍♀️ people still play the old games and that does not stop them from making new consoles. their business model would not be affected because they make their money by selling new consoles
it would make most of them redundant of course they would be against it, "replaced by robots" japan is also implementing an entire blockchain stock market next year.
r. this sub is all over the place in a bull market lol.
no problem, we all make mistakes. agree that you should check out , mostly trash here.
oh sure, i mean, i am in crypto. of course i talk to people about stuff they do not care about. i do not even mind someone telling me about what you think will happen with gme just the way some of the guys from superstonk go at it is a bit much when you are not one of the crowd and it gets spammed to cc several times a day. again, lots of nice people in ss, just a bit culty, that place.
not you aswell i do not even like vaush that much lol
when the research documents is entirely based on who's shorting the company and whether or not it is illegal and has nothing to do with things the actual company is doing then ya. believe it or not, i do not invest in companies based on who's shorting them
>pages and pages of detailed and cross-checked research? you mean gish gallop?
reddit bullish af. reddit stock purchasers payed off that debt not company revenue.
wait what the hell does this mean? is this something separate from something like the enjin token or is this something similar to it or is this just info showing they registered a token that has not even been revealed yet?
truth is funny i guess.
so long as it is not just another group of rich people chasing the next big thing to get themselves more views. if that is the case, there would not be any actual development behind what they do. it'll just be a skeleton to say "hey, we totally did it". if they actually put effort into it, then good. but we'll have to wait and see. gamestop is not exactly known for any software talent, and you cannot just gather a bunch of random programmers off the street and hope they make a good product.
or you just don’t get it it’s okay, somebody is wrong.
it would be so cool to own a video game with a nft attached to it making it special in its own way. merchdao should keep a close eye in the market and should try and do every possible collab initially to gain momentum.
made by shitty youtubers
don’t forget the mormons
nfts are not specifically about taking it offline but they definitely own one unique item that is thistinguishable from others and in this case the original
steam could charge a transaction fee and profit on people buying. the game nft (which is the proof of ownership) can be programmed so that when it transfers ownership a royalty is paid to the developer. this structure incentives both steam and the developer to allow digital games to be transferred between parties and still make money. additionally, the developer could add extras into new copies (nft shows no previous owner) such as exclusive content, skins, etc.
ok but like why would they suddenly be enthusiastic about getting 5% of the cuts when they can just force players to buy the game on full price? unless the underlying premise is that the ability to buy games used is an entire untapped market that brings more profit than the loss incurred from the lack of sales
i do not see why this could not be done without blockchain. you can give your games to other people on steam already.
there is no reason steam cannot already do this. we do not need nfts for this.
i guess they will have to work with publishers for this. i think they already have a profit sharing agreement with microsoft. you can put a license in an nft and once you sell it you can kickback some percentage to the original publisher as well. i guess that would be interesting for publishers. currently they dont make anything from resale of games. for us consumers it would be great to finally be able to resell our digital games as well.
every sqft of land on earth is a collectible.
... what? why are you selling a birth certificate? how does it have any value to anyone but me?
anything that involves physical ownership requires central authorities to recognize and enforce that ownership.
i can’t help but feel this atm *...no but really they’re important, honest!* but i still don’t really see the significance and any explanation of their value seems to be quite convoluted
internet was invented in the early 60s. yet, internet only gained traction during the end of 90s early 2000s. 4 decades later. the implication are profound and thus it is impact could be characterized as a transition pathway of traditional systems. a transition is always a decades long pathway. it does not happen overnight. nfts barely exist since a couple of years, we can only determine whether it was a success or fail in a couple of decades from now.
what if you accidentally send the nft to an empty address? the house is just gone?
>you create an nft of your house deed on blockchain what stops literally anyone on earth from creating that nft before you? how do you prove that you are the real owner without relying on either a centralized authority or physical documentation? see people like you seem to completely ignore the first possible stumbling block that you have no real practical and secure way to independently prove true ownership. what is stopping me from just creating millions and millions of nfts for images, games, whatever it may be and just flood the network with them? i can sell them and as far as the network is concerned i'd be the original owner of the nft. but the moment you step out of the network the buyer is ripped off. and i do not believe a country like the us would appreciate a foreigner claiming they they actually own all of their land. because again you cannot solve this problem without introducing trusted authorities. blockchains are about thistributed record keeping and prevention of double spending. but not everything needs to be decentralized, not everything needs to run via consensus. crypto currencies are all good and fine but at some point someone put real money into it. and money can be extracted from it by either selling or purchasing. but that is not true of a digital asset.
ok i have an nft for my house. who owns the house if i lose the private key? who owns the house if i get hacked and the nft is transfered to some guy in another country? if you give me an nft as collateral for a loan, how do i make sure you're actually the legal owner? nfts for physical property do not work.
but who actually issues these nft-based african birth certificates? if there is no trust in authority then why should i believe that these nfts actually mean anything to anyone?
i actually glossed right over the post and had to reread it, all of those bullet points are extremely weak examples of what you could use nft for lol.
this comment will not age well remindme! in one year
haha yea i know. though it’s worth noting coinbase says they are working to make it trade-able.
just what i was thinking 😄
several nft mmos are already in production, not gonna advertise for them but i can see great things in the next 1-5 years
now imagine a flamingo driving a submarine~!
imagine the collectibles as well. pokemon is a perfect example. instead of carrying around my entire card collection, i could have nfts of the cards on my nft reader (physical devices are cropping up, i suspect apps are here as well). if i want to purchase or trade a collectible, i could put an alert on my nft device, app, etc. in public, an alert could go off informing me that someone in my vicinity has the nft i want. i could initiate a trade and send them money, trade one nft for another, or walk up to them and conduct an irl trade. if ar becomes huge this decade, the limits truly are endless. i could buy an nft of a monkey butler that walks behind me. if you have your ar device over your eyes, you'll see that. it will be like having a pet in an rpg but in real life. i'm spitballing of course, but where nfts can go is something i do not think we can really comprehend right now.
are you me? or am i you?
they could just an regular centralized database and save on eth transactions...
crypto bulls act like centralised online infrastructure is evil and could crumble at any time, despite evidence to the opposite. "banks are fallible and can fail!" - guy who keeps his wealth on a piece of paper using a system where a typo can potentially destroy his assets irrevocably.
crypto kitties *are* nfts, the term just did not get widely known until this cycle. and there is now stuff like layer 2 rollups, which have huge txn bandwidth compared to layer 1 chain (eth) they runs in top of. guy that gme hired directly worked on loopring, one best established zkrollup based l2s. immutablex is a zkrollup based nft market that is coming out now. a bunch of nft based games. there's plenty new in the space since the kitties.
microsoft came out with a tablet 20 years before the ipad and it totally flopped. sometimes marketing and timing dictate the success of a cool idea.
isn't this game sort of the same thing?
... is the virtual world forming before our very eyes? and these will be forms of currency in said world?
i see you've played r/
i do not understand this mindset. what do you consider useful or something that is not pointless. if you list anything that is not eating or sleeping, then it could be "pointless" from someone else's point of view.
everything he mentioned provides desired services to one of the largest industries in the world. practical for staying alive? absolutely not. profitable? absolutely yes.
found the person that likes to waste 80 hours levelling up.
so basically you know how some collectable stuff comes with a paper certificate that proves the collectable is what it is and that you own it. now imagine that same concept but applied to digital assets. that's nfts edit: there is way more uses for nfts the above is just one use-case
and once you are using something controlled and in house, why use a blockchain at all?
it's not; that is why nfts in general are even relevant, they are great for money laundering.
if you do it like nba top shots, they get a cut each time the nft is sold. i make a limited edition game. sell it as an nft. i build a royalty into the smart contract each the game is resold.
enjin is developing on polkadot because they were paid to do so. and they took the money because they were having no success. all the reasons you gave are incorrect, for example immutable on ethereum can do 10k nft tx, and that is before sharding is added which can multiply by another 100x on top. inflexible in regards to their smart contracts? i'm not sure what sort of confusion this is.
and it will be released on bastille day which is a french holliday when common filmed stormed the bastille which is another name for citadel
it’s just to perfect not to be a simulation, prove me wrong lol
except for the gamestop job listings that started popping up months ago looking for crypto and nft skilled employees
the nft gives you confidence that the platform cannot take things away. the ownership of the game is separate from the platform.
saw this somewhere else but imagine if you could buy michael jordan’s copy of nba2k. all digital copies of games purchased from gamestop will be an nft and unique with ownership tracking.
i’m not super well versed in how it works, but fees can be backed into the token so that any time a sale happens it allocates fees to the creator, check out some existing nft uses to see this
1515 then some flying comet squid fucked me
two swords one stone
the early worm catches the sword
thanks for the input!
haha smooth brain is best brain. more room to learn gooder (taps forehead)
if they are going to implement something like that why wouldn't nintendo just do it themselves. you realize for something like an nft used game to work it has to originate from nintendo right, gamestop is not going to be able to host the digital copy of the game on their servers... everyone seems to have these pie in the sky ideas but fundamentally if i buy someones "nft game" how the fuck do i download it? what is hosting it? currently the only place you can do something like that is nintendo directly and they are not just going to be like oh look a great revenue stream lets give it to gamestop if that is indeed the end goals. all of these things require the buy in of the publisher and there is virtually 0% chance they are just going to turn this capability over to gamestop. and the final point, how much of total sales would this used games commission % make up, it cannot be more than a fractional percentage or the marketing of these 1st party companies would be pushing their own system like this to gather the sales already. they surely know the rough figure of money that is out there and have determined they do not care.
i honestly have not seen a convincing use case for nfts beyond collectibles. anyone who thinks gamestop is developing the next steam on ethereum is delusional.
why? all these content creation companies already have thistribution platforms. why cut in a company for no reason? especially if that company has been eating into their profits for years but is about to die.
what’s stopping them? well, you buying my 15’re not buying the 60. seems like a massive downside.
just believe they would much rather have people buy the games from the store for a higher price and get a bigger cut. it's good for them that people buy games they will probably never touch again after a week. of course the nft resale model is more consumer friendly, but do the big names want that?
oh yes, i understand now. it's got to be insanely difficult for mods to manage 3 million!
you’d be surprised with the amount of gme holders that are looking at eth like eye candy. i didn’t even know eth could support nfts and i tell tons of my family and friends that eth is a better buy than bitcoin. perspective wise, i bought 3k bitcoin in january and made barely 600, while fomoing about eth and doge. crypto is interesting and it brings a lot of value to the table, it could hedge against a market crash too. tldr; a lot of gme, some overdue the promoting unnecessarily but the fundamentals are that we all are passionate about our stock!
literally all over google
that are working for random companies
a shitapple does not fall far from the shittree
to publish and profit on their own.
but if there is a meme that the masses can no longer enjoy, is it still really a meme at all?
but wouldn't this mean the game developer could only sell their game on the nft market? so no physical or direct sale through ps5, nintendo, etc? otherwise there is no way to track ownership.
or steam and developer could sell new copies and keep 100% of the money. why would they give a cut to the reseller?
steam would still lose money to expensive eth transactions... why would they do this when what they have now works fine?
steam could do it, but nft's allow it to work across different stores. regardless of the nft part, it is a cool idea and i'm hyped for it.
licenses to games and in game currency is fungible, i think you mean just normal tokens? they do specify nft on the page so i do not think it is games
it's a joke to show that no one wants an nft birth certificate
you'd be sending it to a *contract*, not a wallet. trading via a contract is basically having a computer doing escrow for you. if the contract is not set up to expect a deed to a house it would reject your attempt. i suppose a malicious contract that tries to steal house deeds off of people could be possible, granted that you accidentally send it to that, but that is a different matter.
i was giving a simple example. not etching out solutions of engineering problems.
your entire reply is basically "the world does not work this way right now, so it will never work!". have a good day.
cardano is testing the system in ethiopia with the starting with education credentials. land ownership is a mess over there. this is a pilot project so if education works it creates trust in the system and that is all you really need
you might not trust authorities like the state who issues the birth certificate, but you might trust the hospital records, or a universities graduate records. i do not see how they could be used without any trust in organizations either
remindme! in one year
coinbase takes 25% of the stake return. what does kraken or others take?
because you'd practically be paid to play. you could sell your nft loot.
it isn’t any different. people just like being bullish about dumb shit.
it will be transparent how many of that rare weapon is in circulation, and we can have transparency if the devs tries to manipulate and introduce 100x that item
i mean that’s a great thing to imagine. but if you’re trying to tell me it’s more likely that what op suggested it, nope
or a submarine driving a flamingo
i hope the first nft made will now be a flamingo driving a submarine.
depends, who’s the one guy you would have sex with? edit: the answer was john stamos
this is me is that you john wayne
yeah i do not get why this needs blockchain lmao. diablo 3 had the real money auction house without needing this shit.
what is my incentive, as a game developer, to integrate nft tech into my game that has tradable assets instead of cutting out the complexities and extra fees and doing it with my own database? don't say it saves me server resources either because i still need to have the item associated with a player account and nft token in my db. i wouldn't be surprised if i actually needed more db columns to implement the nft solution than the homegrown way. what is the upside there?
he's still right these do not require nfts and they still ultimately are not possible without buy in from the game makers. who probably have no incentive to do so.
so what’s the downside of these layer 2’s? how can they have so much transaction bandwidth? are they centralized or something?
yes. this game has been around longer and has an active user base.
that it is. i'd say we are about 30-50 years from living in some sort of mixed reality world. that is if we do not blow ourselves up on the way. when we can reduce battery waste and get crypto mining down near to nothing for computing power this world is going to change. think of a world where even 50% of labor is now rendered jobless because of robots. you cannot have 50% of the population jobless. you can already see the wheels turning in the job markets that are labeled teen jobs. much easier to stream in twitch, make an only fans or hop into the crypto market. it am not going away. this is just phase 1. over the next few years you will small countries create their own crypto currency until one day whatever is the top in the us will be merged to create a try usd crypto. once that happens there is no looking back.
quiet they believe nfts are magic and can do exactly what it is they want most
this guy knows pointlessness.
these things are not profitable for the companies making the games, they are profitable for the people playing. apart from the ones that does not make any sense, like the transfering characters thing.
you realize games are designed to have you do that grind and play their game for 80 hours, right? why would they want to allow you to skip that?
even if there’s more to it, that was a wonderful explanation. thank you! my knowledge has to begin somewhere lol
true. blockchain is a great buzzword tho.
that sounds like something steam (or any other platform) could have been doing for years, if they wanted to. such a thing doesn’t require a blockchain nor an nft.
that’s what i read on one of their blogs. regardless, it sounds like i need to read up more. curious to see some source links if you have it, or a reference to where i can find some of the info you mentioned.
i knew about the bastille day release and reference, but citadel=bastille is top tier memes. these people are so damn smart what the fuck
we had a talk with our members. we are very sorry about what happened. we are all on the same side.
gas prices fluctuate based on network congestion more than the price of ether. the lowest non-zero price would be 1 gwei (0.000000001 eth) x the operation cost. the op cost for a simple transfer is a maximum of 21000, whereas a defi swap might be 258602, and the [median gas rate]( is 48 right now, so about , and about . the more people using ethereum, the higher gas prices go, and the price of eth would also increase. ethereum is the most mature & capitalized blockchain vm, but it is definitely not the fastest or most efficient. alternatives like algorand, cosmos & solana are already running smart contracts 30-1600x faster at a fraction of the energy cost. (they all use some form of proof of stake, which is one solution ethereum is adopting soon™)
best point i’ve seen in this thread. thanks. that being said, how much of a value proposition do you think it will actually be for consumers? i don’t think anyone is concerned about steam going out of business. or any of the console makers going under.
if the game itself isn’t any different why would it matter who owned it first?
1923 first try and my eyes could barely keep up anymore
many gme holders are using fidelity. not to late to buy in!
can’t have bad habits if you never knew anything. and boy oh boy do i ever have a lot to learn about crypto. i’ve kept up with the basics of the technology, but just one scroll through this sub and a quick browse confirmed i know fuck all but jack and shit, and jack left town. i’m subbed now, and will be reading and asking questions, i’ll never stop learning until i’m worm (or tree) food.
what your not taking into account is that gme is to reddit what kabbalah and scientology are to hollywood. you are 100% right. it's a good study on how cults get formed. gamestop is way late to this party. but if redditors keep donating money to gme in the same fashion they have been. i guess they might have the funds to buy a player already in the digital content thistribution game.
remindme! 1 year “was i delusional?”
what company is about to die?
even if they allow it why would they cut gamestop in? they use gamestop purely as a retail front to get xboxes in the hands of consumers and i just cannot see that as a necessity long term. walmart and bestbuy have a pretty big footprint. unless they buy them outright.
so no then, gotcha
owned by rich celebrities
this is the future, load up on media now because every single movie, song, image, identity will become a digital asset and likely pay per view
much wow, very existential quandary
any marketplace can sell the nft as long as they are running transactions through the ethereum network (or whichever blockchain they want to use). basically rather then running the transaction through the bank, they run it through the open source blockchain which allows them to integrate the financial network into their system. for physical copies just have a seed phrase in the case or on a menu screen when they start the game which makes them claim the nft before they can play. this really is not much different than the current licensing system we already have. except that we now can run the system open source because there are mechanisms (blockchain and smart contracts) which allow all players to trust each other
also, eth 2.0 will reduce fees dramatically. and steam will have no choice. it will not be hard for a developer like rockstar to just make their own marketplace and list the games there. the whole industry is going to get shaken up and those who do not jump on the ship will be left behind.
not arguing either side but what you say is interesting and reminds me of a bill gates interview with david letterman in the nineties where billy g is explaining how a company that provides radio over the internet sold for millions of dollars and david letterman says something along the lines of but don’t we already have something like that in a radio? and billy g says yeah but this you can listen to on your own time from your computer. david letterman says something similar to “like a tape recorder?” which gained applause and laugher. to be honest, at the time it may have seemed like valid criticisms or obvious facts to anyone but now we know the implications of that tech and how much further it’s gone with the invention of smartphones. i don’t know where blockchain will end up or it’s use cases will manifest but similar to the things we could already do before the internet it’s possible this will open avenues to things we couldn’t do or make the thing we can even easier or better.
there is no thistinction whether an technological application is limited in use for selective approaches (university and internet) or whether the technological application is limited by knowledge of the general population (nft). this is all what determines the acceleration pathway and a wide adoption of it. you make it seem the world population knows nfts and uses it. while the matter of fact is not even a tiny fraction uses it or even knows what nfts are. > a transition to what? what does really a nft add that does not exist already? plenty of things as mentioned in this thread. in my opinion the obsoletion copyright infringement and self sovereign identity are one of the main applications. > an nft only ensures unique ownership of a small piece of data. it's nothing revolutionary. it is... this has never been done before. or could you give me an example? > comparing nfts to the internet is delusional, they do not solve any existing problem the way internet did. that's what the mailman said in 1980.
if there is a bug in the smart contract then how? how will the **average** person be able to spot these issues before performing a task on the smart contract? ideally a smart contract does not need a middle man for it to execute and be enforce but how will normal people reliably not make a mistake that can cost them with something like this?
this is not an engineering problem. its an intractable problem when you enforce a system with no central authority that deals with centrally managed assets
the problem that people do not like to address is not "the world does not currently work this way" it's "how do you prove that you own the thing you are minting an nft of?"
use your head, stop assuming people who see things you do not are ignorant.
kraken takes 15% for staking.
you can already do that now against the rules. it’s not a feature they want, ie pay to win garbage
well shit now i have to make it give me a few days
well i do make the occasional joke about preferring to screw jake gyllenhaal over maggie gyllenhaal so it’s put up or shut up i guess.
yeah and real money auction houses. wow has massive botting problems, just imagine what it would be with nft loot.
there is not this is handwaving to get more money, they ran out of ideas.
look up rollups and immutable x. if they have been paid to do something of course their blog will try to make it sound like it was a sensible option.
not a problem my man. welcome back !! fuck shitadel btw.
hopefully just the threat of competition will pressure the big players to at least give better ownership to users.
you must not be a collector of things. this would be cool for a niche market of collectors, say the game developers personal copy or something. it holds value to those who covet it. also, just the ability to buy .
this is the way :)
or just bam margera
🎶 the circle of life 🎶
threads like these are why i love reddit. you people are amazing
or just go the old school way and generate an activation code with each sale. then you can activate your game and get an nft to pair it with. lost? good thing you can just download it. on the other hand, now you run into the issue of even more always online games that don’t need to be. like why would skyrim 2025 on the xbox series 2xs+ need to be online?
why wouldnt steam just make their own centralized, nonnft method of this
wait no more free porn?
people do not use it because it has no valid use cases yet. at least none that have been implemented. the pathway for nft tech to be something everyone uses and knows about is there, this is not the 60s, new tech travels fast and infastructure is already there. all that is missing is a use case.
why would the average person need to? you’re expecting average people to be proficient in and interacting with code when they don’t do that today at all. your question is like asking today “how does the average person know there’s not a bug leaking their credit card information to hackers when they buy on amazon”. that sounds like a dumb question with an obvious answer. average people will have to trust that smart contracts are secure and there are no bugs. “but i thought the point of crypto was eliminating trust”. sure, for people familiar with smart contracts they will be able to completely eliminate trust by checking the code or creating their own. but for average people they will still need to trust their code but their other trust assumptions are eliminated.
i do not expect normal people to be directly interacting with smart contracts any more than they interact with the banking systems code when they swipe their visa. i expect people would build systems that utilise smart contracts, with a user friendly system abstracting the details.
i was giving a simple example, not solving implementation details of engineering problems that are solvable. the example given is not a proposition to a perpetual machine.
deeds can be brought onchain using oracles. that's how. basic stuff. that's why i do not bother with those kind of critiques anymore. not only do they lack long term vision, but also lack understanding in the technology and it is basic capabilities and i'm not going to spin that wheel every single time someone repeats those trite issues. defi seemed impossible just 4 years ago and i had long debates with naysayers then about it is possibility (how can blockchain provide loans when there is no credit score onchain!). it was a waste of my time then, it is a waste of my time now. so yes, it is very much "the world does not currently work this way".
that's not how you spell "yes". again: every single one of those things can be done without fucking blockchain.
but they are seeing things that are not there. that's not "using your head" now, is it? and it is *you* lot ignoring perfectly valid criticism just because you think that new==perfect, or hideously-wasteful==erection-worthy, or for some reason. *i'm* not being "ignorant" when i look at the bigger picture and see no place for this bullshit in it. *you* are when you refuse to even look at the minutiae of the picture this bullshit presents.
i feel like such a kraken shill, but man do i love that exchange. had an issue with the new ach depositing system that just rolled out, called their number and talked to the loveliest person who helped me out.
i think it could decouple game server and player owned items. as it is now, they are both tied to the game server, so if the server goes down or game is shutdown, everything is gone. with nft, even if game is shutdown, players will still have their items and chars. now, you might say, since game no longer exists, whats the point of items and chars. but imagine, new private server spins up and you can transfer those to the new game server. imagine, fan made versions of the game where it allows you to transfer your items and chars into it. this opens up whole new possibilities. indie developers can create custom mods for an official game or heck even using same chars for multiple games is not out of realm of possibilities.
i do not think it would be fundamentally different then something like the steam market so tbh i do not see the point in having nft loot for an mmo. now a card game with nft cards makes much more sense, but even at that i do not see the point over something like steam market or what mtg online does.
steam market is heavily taxed, low thiscoverability, and centralized. if steam goes under you have nothing. blockchain advantage is decentralization, your asset live independently
yea but can you sell it on the block chain itself? legally? and get eth for it? because selling anything in game for rl currency right now is against blizzard tos
lol that’s awesome. i was trying to get you to do the step brothers bit! we can still be best friends though 😅
this. all i see happening are huge numbers of players. regular players wouldn't really get a look in and everything would be in a race to the bottom price wise. it also gives developers massive incentives to sell things through the market themselves in a way to thistribute microtransactions.
do you have any factual proof that they were paid to adopt polkadot?
fuck em so hard. 🤘
we’re talking about a company with big aspirations and expectations. catering to a niche market where the value of something is determined by its rarity isn’t really a growth area
why do you need gamestop in this transaction? game companies are already doing nfts and there is already at least one coin for this, enjin. gamestop has two things going for it. name recognition and funding from thousands of redditors willing to donate their own money to prop them up.
[if it is good enough for atari, why not gamestop?](
i'm sure you meant *my* 0.26 eth 😎
i think there was a misunderstanding. i’m not making a direct comparison. in fact a lot of what you said isn’t anything i could argue against. i tried to preface my statement by saying i don’t know one way or the other how it’ll go but the debate between those who believe and those who don’t just reminded me of the video. not because of a difference in knowledge on the topic, but the way people view things for their basic function first and how those can evolve. my quote of “it’s possible this could open avenues to...” wasn’t meant to make a case but is absolute speculation. which bring me to your google glass mention, was there nothing gained from that project that was used elsewhere? is that not a possibility with blockchain tech? these are actual questions cause i don’t know what happened with google glass but i know vr and augmented reality are taking off more now.
>they've been quite all over the news lately. renewable have been quite over the news since early 2000s. yet this technological transition is barely halfway and has just entered the acceleration phase in the transition pathway. look. i understand that you are critical and have doubts but i have reasons to believe that blockchain, nfts and cryptocurrency are definitely a game changer in the upcoming 20 to 40 years. don't have the time now to go into further thiscussion! but thank you for your arguments.
you miss the point of why nfts are significant. nobody has ever done trustless, permissionless digital ownership of unique digital items, period. with steam, you’re putting trust in the central authority of valve. the problem here is valve takes greater cuts than it should from profits, and this reduces game dev’s ability to profit from their work. the second problem is valve actually can’t just flip a switch and allow digital resales. they are restricted by the contracts that grant steam access to all these digital game licenses to lease out in perpetuity. contracts are enforced by the jurisdiction’s contract law, which is a central authority in itself that requires trust and permission. changing this arrangement is not simple, and it requires renegotiating contract terms between steam and the game devs. so the core innovation of nfts is decentralizing digital markets, and cutting out unnecessary middle men. of course, this is only true for nfts existing in decentralized blockchains, like ethereum, algo and solana. there are problems with nfts when they come to represent physical ownership. a user above me mentioned how crypto can’t really do anything if the government takes away your nft land. addressing this issue would require decentralizing the law that restricts the government, and that isn’t happening anytime soon.
if the system bugs out on amazon they have the ability to report it and have a centralised institute to fix it (or at least try to). if a smart contract bugs out then their money or property is completely gone. also if crypto is to be mass adopted then things like smart contracts must be more user friendly and as bug proofed as possible while still having no middle man.
good! crypto will truly only be mass adopted if it is more user friendly but still maintaining the need for no middle man.
i do not really care to argue with someone who is basically spazzing out
i'm not ignoring any criticisms. i see a technology with an obvious immediate use case, and the potential for other applications.
is it easy to sign up for? i tried binance and could not do it, they would not accept my documents
wish i could use them, not available in my state :(
same here, i just wish they had more pairs
why would developers participate in that? most do not even want their items traded in game much less anywhere else. also, see diablo real money auction house. and why would developers devalue their own game? developers do not want your items carrying over, they want you to buy the sequel and grind all over again.
\> but imagine, new private server spins up and you can transfer those to the new game server. i do not see the ip holders of the game having an issue with that at all...
imagine, there could be like a standard for game chars and items like there is erc721 for nfts. and developers can write their game to suit that standard. now developers can focus more on their gameplay mechanic and storyline. current technology won’t allow for something like mmorpg i’m sure, may be some card games. but it builds up the foundation for this vision. nobody thought bitcoin would birth something like smart contracts or nfts, yet here we are. in technology world, only imagination is our limitation.
am i the only one remembering when diablo 3 did a real money auction house themselves. totally faired well for the game...
diablo 3 had a real money auction house. i made 1k on it before they took it down.
john stamos! i totally fucked that up! i love that movie!
to each their own, if you believe that then you have done no research of your own to truly see the value in the company. best of luck on your investments.
atari has ip and is a content company. it's completely possible gamestop breaks into a market with existing players. lots of products can dominate based mostly on marketing. i'm just not sure why content companies would switch off their current platforms for gamestops. i have not heard one reason listed. it's always, "you do not understand what's going on here."
i thisagree with your last point. i see smart contracts giving people the option of completely eliminating trust but for the majority of people there will still be some trust required of the code creators who could easily put some safeguards preventing your property from being completely gone, at least until the code has a history of being secure. there’s a ton of different ways the code writers can put in safeguards against someone’s property being completely gone. and if there is a bug, the person will be submitting the errors to the code writers just like they do with amazon in your comment. overall though, even for the average user, trust is still minimized and smart contracts can always be examined and checked to completely eliminate the trust assumption in the code and code writers.
i am thismissing criticisms because i'm not here for a debate, either accept the example or move on. if you think it is impossible and cannot happen, alright, good for you.
if you think *this* is "spazzing out" you should see me after i've had a cheese sandwich or two.
pick one of asbestos' suggestions then, and then i'll demonstrate you ignoring my criticism of it. pick your strongest one.
kraken will require some documents to be an “intermediate” trader, but it was really simple and took maybe a day or two.
binance is owned by a chinese company, you wouldn’t want to give them your personal info anyways
binance is terrible. i tried three times with them and they wouldn't accept my passport as an official document. not to mention their fees. im into them with cardano but thats it. not dumping any more into that exchange
you’ve been able to resell games for over 20 years. steam market already exists and does well. it brings more attention to the game if real money is involved for things like limited skins. every multiplayer game has private servers that still work when the the original game servers are down. everything you said has been around and developers actively participate in. nothing is new or needs to challenge the norm. it’s already happening. putting things on blockchain ensures that developers get rarity correct. it just makes what they’re currently doing better. also, remember that developers program drop rates. things that would be carried over won’t have even remotely close to a 1% drop rate. they’ll be so rare you have to grind the game for an insane amount of time…which brings in a shit ton of time and money. case in point: csgo drops.
as far as allowing sales, the way i believe nfts work now is the original creator gets a cut, i think 10%, of each resale. so if the devs get a cut of every resale they would be much more incentivized to participate. not to mention skins etc.
you are not allowing third party reselling, you are allowing players to actually own the ip of their chars and items. this increases attractiveness of their game. just look at any blockchain based game, their sole attractiveness resides in the fact that you actually own your items. third party developers can then use this to their advantage and market their games as being possible to port your existing chars and items in to their game, since all the related data exists on the blockchain and owned by the players, there will be no copyright infringement unless you actually copied their game code.
>and why would developers devalue their own game? because of first resale laws, especially strong in the eu. hell we're fighting for right to repair. greedy bastard companies do not want you to resell or buy used even physical goods. it's not up to them.
i can think perpetual profit over nft resales, on atomichub nft marketplace for instance when you create a nft collection you can set a percentage that you always profit over these nft resales, meaning that if a single nft is resold 1000 times you get a share from all those sales, forever.
if one developer does (which they do), why would i play any other game where i'm not making money?
so many games with deep trading communities where people spend thousands. you do not think adding extra value and ownership to those items is a benefit? also there is so much potential and none of this prevents developers from making sequels any more than the thousands of items people already own in old games. it's like the internet. you could argue that it would ruin gaming because now everybody can just pirate the game. but in practice the internet has made gaming 100x better. companies will have to adapt similarly to advancements like this too.
exactly right now business model is exactly what you described.
nfts allow the original creator to receive a portion of revenue every time the nft is resold. they could get 5%, or whatever, of the sale price every time the nft changes hands.
i could imagine more or less sequels being creating by the ip and having transferable content via nft
why on earth would anyone code open when they can create their own monopoly?
came here to say this. how is it any different than trading? (ie: spectral tiger)
well, gamestop is also looking into hosting gaming leagues. maybe they plan to give away exclusive loot. nft would be perfect for that.
because its decentralized and the loot could be used in other games aswell for example you have a sick nft armor and you transfer it from nft-wow to an social game where you can thisplay it on a armor stand in your room for example it gives virtual items value and makes the uniquely identifiable
yoy can use them in other games, you can take them out of the game and trade p2p. there is no risk of a nerf or the item all of a sudden getting released in a holiday event making yours worthless. lots of reasons.
you did not answer my question. why do game companies need gamestop? nft and gamecentric crypto already exist. you accuse me off doing no research but do you know about enjin coin? the reason game companies do not resell digital games has nothing to do with the fact that game stop is not in the nft business. the already have their own thistribution platforms. they could enable digital resell anytime they choose. and when they do why would they cut in a third party needlessly?
i'm here to teach you some manners, that is all. good progress, champ! keep up the good work!
“and it seems to me you lived your life with red candles in the wind” - elton mask maybe
this is not even close to mass adoption. you'll know it when it happens because that is when the regulations will really hit.
wait till it cryptocurrency crashes again. people and companies will pull out. but each cycle it will become more and more ingrained until we talk about a world with crypto like we talk about a world without internet.
please my altcoins go up
the way i see it: 1. get on board and ride the wave. though nimble and cautiously 2. fight and resist with every ounce of your traditional training. today’s market place looks nothing like 10 years ago. and 20, and so on...outlast, and outperform is usually a good strategy for survival. one must adapt to changing marketplaces, or get left behind.
i like this sub when it is about educating about those fundamentals you mentioned. not so much when it is "you're a fool for throwing even ." i made some money on doge and shib. now i'm looking to reinvest that into other things. help me make better decisions on my next move, do not beat me up because i did something too risky for you.
mods please ban, he is talking lot of sense
yeah shut up elton
rich people will use crypto to their advantage, to think they wouldn’t abuse this is a farce. so silly
i don’t get why people are so freaked out about this. the stock market isn’t any different. if good news comes out than the stock jumps, bad news it drops. the swings are obviously a lot higher in crypto but the crypto market cap is about 67 trillion less than the stock market cap. so if 10 billion is removed it causes bigger swings but when the stock market drops 10 billion it’s another tuesday. i guess the people freaking out the most are probably heavily invested in alt coins under the top 100 and feel like once it drops it won’t come back up. i was able to get thorchain and dot for a nice thiscount yesterday.
this. this post 100%. my comment from the previous post. when people complain about 'market manipualtion' by certain whales, i just play their game for simple profits. look at the market, already recovering and up less than 48 hours after elon tweeted. 1% tweeted and crashed the price? great, buy the f\*cking dip at the thiscount like they would do! it'll recover within 3 days (as always), heck the 'elon dip' is already recovering after 24 hours! thank you for the thiscount ! 1% tweeted to push and spike the price? great, take your damn profits when everyone is hyping and pushing it to all time highs! take those darn profits before the hype starts dying down eventually, thank you whale for the pump! everyone starts complaining when the price crashes or if some other coins they do not like pushes to aths because of certain influencers. i play this game along with them, and profit almost all the time. it's so simple to predict and 'game', its just basic psychology and the way the market works almost 100% of the time. without these people 'controlling' (as this post calls it) i wouldn't be able to make profits as easily in the past 1-2 months. its a simple darn logic that even 10 year olds can learn from (if you see it as a game, 10 year olds can easily 'shill their bags' and 'win the game' in the same way). kinda ironic that fully grown adults keep complaining of getting burned from something that is really, that simple to predict.
who tf is elton?
stupid adoption is still adoption. it's bitcoin pizzas all over again lol
i don’t know, i don’t really see trading coins as adoption after using some dapps. i’ll say mass adoption is here when my dad is using defi or buying nfts using crypto without knowing any of those terms and it’s not so confusing and expensive to do the most useful things.
don't be emotional, just have a goal and diligently work towards it. my goal is simple, accumulate more crypto, i buy ever paycheck. price goes up i buy, price goes down i buy. elon tweets mining fud and btc drops 15%, thank you very much for the thiscount.
stucking in shitoins during a bear market, that is how bitcoin maxis get born.
mass adoption = people aping into meme coins = revolutionairy tech
indeed. although the doge mania has boggled my mind here and there, it makes perfect sense to me. with something like the seemingly nebulous crypto space: something fairly cheap, capable of making people money, relatively easy to buy, and seemingly welcoming, makes it a natural on ramp. also, i always try to remind some, rather...agitated, members that people can spend their money as they please.
you cannot invest in the future, without it being the present.
yeah, elton, go home, whoever you are.
im sure this will go over super well with this community, but libertarians always want that sweet deregulation, and then pikachu face when they themselves are not the billionaires who end up controlling everything. same as it ever was.
omg i feel so bad for those who invested in bitconnect. it's not like doge where it is a joke coin. with doge people should know it is a risk to get into it bc it wasnt made to be serious. however. bitconnect came off as a serious investment and stole millions. it hurts to see the 2017 snapchat of the top 20 and bitconnect was on top :
tell me more about this cumdoggy coin🤔. willing to sell my bag of eth if it’s worth it.
there is another side to this. this how the stock market was 'adopted' as well. and as usual there were the manipulators. people lost money and made noise. voila! regulation. this adoption alright. but in the natural progression of things, if these ponzi schemes run amock, there will be regulation.
someone had to say, i'm new to this (i keep learning), and i've seen so many hate posts towards certain currencies, when they are not seeing (derived from the crisis and pandemic) that ordinary people (like your fucker) are looking for new ways to earn money... it is their money, and elton "crazy tweets" musk are giving the publicity that no one asked for... the rich do not like ordinary people making money, let people invest and lose their money wherever they want, just as they come they go, but not only those who win stay, but also those who want to learn about your world, hater... it is publicity and the opportunity for good and other new projects to be launched, new opportunities... think of mkt and not people who even their own money... let idiots lose their life savings (who shit gets into investing their life savings in something they do not know?)
but i want my coins to be mass adopted now
"this currency is free and unregulated, so you can use it how you want..." \*elon rising bitcoin then crashes it\* "no, not like this!"
> there are ways to resist it, but you cannot just say "please elton go home and shut up" because guess what, elton would not go home and shut up. don't give us none of your aggravation, we've had it with your thiscipline!
very true! love what you did with the names.
true, stop being crybabies
lost it at cumdoggy coins haha but i definitely agree with your points
this post is 5-10 years ahead of its time.
personally i'd buy any coin the elton john shills... as long as it would not go breaking my heart. 🚀🚀
the proper term is doggie (doggy?) dollars😜
i was complaining about this to my crypto friends a month or 2 ago. i should have posted here to get them moons...whatever they are.
cum doggy coins lol
anyone notice that there is a dip, then a huge negative news cycle, then a day or two later a jump? my hypothesis is that we are all hodling and they are thinking they can fud us into paper hands basically, and when we do not all panic sell (because we have actually been paying attention to the charts and not the news) and more people are buying the dip than panic selling... anyways, i'm just a normal and have no financial advice, just pondering.
my concern is not about elon pumping coins or the doggycoin buyers. it's when they fuck up, we get the sec and a bunch of other authorities involved and we lose the decentralization we want.
wtf. why do people in this thread want regulation? the whole point of crypto is that we can do whatever the fuck we want with our money. we do not want governments telling us what we can and cannot do.
agreed. market errors are bound to happen, and it’s up to the free market to correct itself. billionaires aren’t the only ones capable of manipulating the market, we know that, and people buying dogecoin will suffer the consequences soon enough. i don’t know what about this is so difficult to understand and why people get upset at this fact. it’s what we wanted. people just don’t know what decentralization actually looks like.
before i got banned at r, i fought with them telling them that there is nothing stopping russia from printing billions and buying up all the bitcoin and still enslaving you. they poo-poo'd me and told me i was full of shit, and now, well, here we are. the rich get richer, exchanges shorting coins and once again, 'the people' get fucked.
***except...no.*** like our currency now it is controlled by a very small number of people. the majority of crypto is held by a few number of entities (whales) that wield a thisproportionate amount of power. the ability to produce more crypto is also limited to a fraction of the people even "using it" and this only compounds the whale's power. even ignoring the instances where major exchanges just thisappear overnight or are seized by legal authorities. crypto has all of the same problems as standard currencies but without ***any*** legal protections or real structure behind it. further, using the ideology that many are pushing of being legitimate now, let me remind you; one joke(,000,000,000.00) off the books of one "meme" crypto. this is the heralded stable and decentralized system people want? where a single dump of a whale, or the statements of a single whale, can nuke entire industries worth of value? without any recourse to recover or mitigate the damages? nothing about this is healthy. it is most certainly manipulation and it is only making a couple of people incredibly wealthy. in some aspects dogecoin has become an mlm. small penny investors that try and get all their friends to invest, mainly in an attempt to further boost the value, so they do not lose their own wagers.
*preach*. and anyway, elon manipulating the market is still better than the government manipulating the market. at least with this situation we have the option to take our business elsewhere. and like you say, *that is the whole point of decentralization.*
“we want decentralization, let the people decides!” the people decided: “the people decisions sucks!”
if i'll say please could everybody mass adopt all the coins i buy? thanks. a wanna be not poor redditor
elon musk has realized the sec can’t fine him for tweeting to effect the crypto market and that is what he does now.
dude, this is the opposite of decentralization. musk is on the verge of co-opting dogecoin development at this point.
i’m going to use my gains to build a time machine. we’re doing this again, but better
eh. yeah you're right
must feel real good being so powerful that a single tweet made by you can move crypto prices
i actually agree with this. and i'm not even a billionaire
you cannot even walk into a bank and buy bitcoin yet, so i'm going to say no. we got all the idiots from r. i feel ashamed that i've adopted that term now too.
“tiny bit” of mass adoption = not actual mass adoption
really saddening to witness this *mess adoption* - when a single entity , it loses its values. when a single tweet manipulates the market... well, i do not know what to say
at the moment it is wild wild west... not exactly a dream for everyone.
i mean... i wanted utopian decentralization... not dystopian decentralization.
decentralization is about running the blockchain, not about who is buying the coins.
is this the post that launches the new spelling of elton musk? like the one that started hodl?
everyone's just trying to make a quick buck, its a premonition to a larger issue. this does not mean mass adoption at all. those yolo'ing doge likely do not even know how its used.
i will certainly be calling him elton whenever he does something that hurts crypto investors. it’s my weapon and i shake wield it. like a mouse holding a thumbtack like a sword facing down a tiger.
yes... after 20 years of hand wringing, and seeing all the holes... a free, even, unregulated market! i'm. in. love.
mass adoption will be when tokens are being used in daily life for all different kinds of activities. this period focused on price speculation is just a forerunner that is putting the groundwork down for that future. this is still early days, not really mass adoption, because crypto currencies aren’t just trying to be a new stock market.
> i’m thinking of trying one
"please elton go home and shut up" because guess what, elton would not go home and shut up." ' what did elton john do? last time i checked he was not into crypto?
this is the beggining of mass adoption. like going into the water at the beach. first you get your toes wet. we need regulation in order to prevent abuse in the space. we do not need regulation to abuse the space. regulation under blockchain not regulation over blockchain. blockchain by its nature will enforce a certain type or regulation. what we have now is regulation having its way with fiat because they control it. they cannot control bitcoin. we need a marriage between heaven and hell. balance.
welcome to the jungle.
real question: why would any non-millionaire?
yes the irony is that we tout the advantages of our permissionless financial system but then we complain when someone criticizes it. i mean come on. those things come together. and the people who cheered at elon when he bought bitcoin now treat him like a blasphemic witch. i mean, come on. this space feels so immature and juvenile sometimes... i guess we are still early.
ok can we get a confirmation if elton was intended or not
it’s funny. i think this moment we are living in will be talked about in economics books for a very long time. maybe professors will lookup the archived threads on here and understand the sentiment of this really young market.
i could not agree more, nailed it.
had no idea elton was into crypto. huh
i still believe we're in the infancy of crypto
it’s the wild wild west.
don’t tell me cumdoggy is a real thing please
you think candle in the wind was slappin? how about the lion king soundtrack? imagine the song elton will write about this. let's pray he does not go home and shut up but goes home and sits in front of that fire ass piano for a minute. cryptomusic is the future. adopt early. hodl a loved one to it forever.
smh at elton john manipulating the market
mass adoption as money will probably look very different from mass adoption as a speculative asset... but sure, this is where we're at now. happens xd
haha elon your stupid fud lasted little more than a day. this prankster is starting to lose his power like mcafee.
i have to admit though, i kinda enjoy the salt. lol
the wild west of fintech is upon us.
makes perfect sense that the rocketman wanna join in on the rocket ride to the moon
omg the confetti on the ratiogang website was a nice touch.
all coins start out as shitcoins. embrace the shitcoin, cherish the shitcoin!!
fucking hate elton john
my grandmother just asked me about crypto. mass adoption is on the way.
fucking cumdoggy coins lmao
the first post on this subreddit i’ve agreed with for months.
well - id actually argue that we’re not quite at mass adoption yet. we are in the transition phase from early adopters to the early majority. cryptocurrency is crossing the chasm from niche innovation to main stream technology. it will be probably be the next bull run that signifies true mass adoptions this is just the start of the process. but yes, you are correct. all of these signs are pointing towards mass adoption. mass adoption means dumb money gets involved. mass adoption requires that because the mass is not technologically, economically, or financially inclined
i cannot believe elton john is manipulating the market
elton john stop pumping doge please!!
bitcoin sucks with its pow! dogecoin is amazing with its pow! watt?
elton john talked shit about bitcoin??? dang it elton!
first, elon is officially elton in my book. thank you for that. second, the market does not quite have mass adoption yet. it's still kind of a complicated industry for most people. i think the reason for so much volatility is because there is a generation of meme coin buying get rich kids with paper hands, whose decisions are swayed by influencers and wealthy d-bags like elton, not because they are influential to them personally, but because they think they are influential to others.
i knew crypto was mainstream when my older mother who cannot ever get the gps working on her phone, or send an email, who still records soap operas on vhs... asked me if i could help her buy bitcoin. that was 2015
finally a good fucking take
best post i’ve ever read on this sub!
let's be honest though. bitcoin mining uses way too much electricity.
elton is quite the character indeed
we i would say it has definitely started but we are just at the beginning of mass adaptation and have a lot to see this year alone
great post. but it’s not exactly that i have a problem with much of this. i more fear governments.
you say since 2016 like that was a long time ago...
this guy gets it
shit winds wants to blow, let it blow.you cannot stop it, so shut up and let the shit wind blow!
all my homies hate elton
i just want to say thank you for saying that!! 👏👏👏
yo, this sub blows.
nice elton is into crypto!
i like your thought process guy
if this were stocks, then hed be under investigation for fraud. this is why celebrities' cant go out promoting stocks but in the crypto space, you can get away with it.
so true . decentralized means all are free to do what ever . whatever always includes idiots also
if you want decentralization... support the change!
if you were my son. i would be a proud father. 💣💣💣
"you cannot ban people from buying bitconnect or cumdoggy coins or whatever" best sentance ever . change my mind
good sanity check. this feels like an internet analog. we wanted information freedom, egalitarian access to knowledge, decentralization so no government could censor. and along with that we got facebook, tiktok, and parler. one nice thing about gatekeepers is it allows people to congregate with like minded individuals. decentralization exposes you to a lot more diversity.
cumdoggy coins haha, fucking perfect.
here’s hoping dogecoin become somewhat legit because if it’s a pump a dump. a lot of people are going to be hurting because of their hero billionaires
same thing happened with apple - they enabled the high-technology to the idiotic masses and that is how we ended up with tiktok. brilliant way to do business, but it ruins an otherwise very helpful and rising niches. also blame greedy ass circles who egged all this bullshit on until it went on the enemy's radar.
i'm glad this got popular, these meme coins are really key to getting young people into crypto. it's a win!
mutt coin is going to be huge.
>cumdoggy coins please tell me this is real
> this is all mass adoption. it's already here. it looked better on paper. i want a refund.
"yay, we've achieved our giant shitshow where grannies lose their savings accounts and markets fall due to tweets and we did not even have to offer one useful product feature to get there!"
> we have been dreaming about mass adoption and decentralization. we wondered what it would be like. ya'll used a monkey's paw
yeet caution,buy doge and hodl! f the big wigs,we value what we want.
in the end i'm actually kind of glad for the recent hype in pure speculation coins like these. i think it helps to isolate the gambling and hyper greed segments who are just here for the lambos from the rest of the market. when these things inevitably fail, it will minimize the broader impact during this inflation cycle.
imagine thinking there are crypto fundamentals
mass adoption of a currency would have to mean you can like...buy something with it, right? you cannot buy shit with any crypto except drugs off the dark web with monero. mass adoption my ass. enjoy being a bag hodler when people realize crypto is useless and it crashes.
lol, the mass adoption will be only when you will be actually able to spend those coins just like the real money. until then this is pure speculation.
very well said, quit being jealous of thy neighbor's doggycoin 😆😂
yeah this isn’t mass adoption this was a bunch of young and stupid college kids that thought you just throw ’re a millionaire. the shit doesn’t work that way and never will. sorry half of those fucks got the rug pulled on them and had to learn the hard way. they act like a cult and don’t understand the basic premise of decentralized currency which isn’t worshipping a fucking billionaire of all people.
this is just the end result of a libertarian thought experiment with a different skin. it's just gonna be crypto feudalism
my favorite post of the day. people be acting like a bunch of crybabies all the time
yep, this was what it was like in banking and stocks before the 1929 crash, then everyone decided finance needed regulation. funny how history repeats
i'm a just a salty dog lapping up crypto cum.
1 doge is still 1 doge. the only thing that is so volatile is the value of usd converted to doge.
i left this sub because of the insanely deep and ever expanding salt mine since the doge thing took off and the trash alt coin bag holders started whining. nice to see someone with a realistic point of view!
it's like everyone is a teenager who thinks their favourite underground band, let us call them the moon rockets, is better than all the mainstream artists and should get recognition. but then the band has a huge hit and suddenly all of the popular kids like the moon rockets and the teenager gets the shits that these normies are running "their" band somehow.
how is bticoin "decentralized" when the vast majority of bitcoins are held by a fraction of a percent of wallets?
'she packed my bags last night pre flight. zero hours nine am. and i'm going to be highhhh as a kite by then.' \-elton musk
just started like a year ago, but aside of the profits i made. really feels like it to me. the masses are already starting. i feel like when regulations arrive and people feel safe to come in. it wil boom and crash like nothing before. money is going to shift and then after the dust is settled a new world will be. full thisclosure. i'm high af right now. but yeah this seems legit
especially in more recent times, people want 100% freedom with 0% responsibility, and not just in crypto. some veeeeery hard lessons ahead for those who think like that.
christ, the level of posts around here these days
*wait. it was not supposed to be like that lmfao*
the daily ‘i am better than you salty, i understand business’ post. people going ape shit over meme coins isn’t adoption. it’s a thisgrace to the long term picture. i would take slow sensible adoption any day. i don’t care, hate me.
the question is, are we still early?
everybody had same possibilities. when it started, btc was worth pennies, so anyone who bought is winner.
\>muh decentralization meanwhile all the bootlickers are saying the bull run will go forever because "muh institutions are here to save us, i'm glad all these bankers will make derivatives of our coins!" what a joke lmfao.
people keep insulting doge for no good reason. it's at no more risk of burning anyone than btc is as shown by this week. fundementals are flawed in crypto. the only thing that actually matters at the end of the day is; is it real? and "are folks using it?" you can make all the arguments you want but bitcoins scarcity and ethereums technology did not give it them value it gave them potential. people using them gave them value. as for doge... it's infinite supply is not an immediate problem and probably would not be long term if rate of adoption continues steady people look at doge like a copy and paste of btc. but it is not. it's better to look at btc as crypto gold... doge on the other hand is cryptofiat. both have their uses, both are making money. you can warn folks to be careful. you can give your opinion you do not like it. but like op said... y'all letting the salt dry out your eyes and making the tears not even hard to see. don't be like the boomers you were dunkin on a few years ago when they said bitcoin was useless. it's no different now. you're just on the other side now.
i’m usually skeptical of all these “charity” cryptos, but maybe you’re right and each of these projects will bring in a new community of investors that care about each charity
to add to this, the crypto space has a heavy libertarian slant. libertarianism is how you get billionaires. what did you people expect would happen?
hey leave elton john out of this!
we definitely do not want regulation. this is the whole point of decentralized cryptocurrency. not to have some centralized governing body watching and manipulating the market and creating rules making it harder to trade. through bull and bear markets, it will weed out the weak and those who do not understand crypto currency. too many people are way to preoccupied with what other people are investing in. i personally do not care and i do my own research and make my own decisions. if people want to gamble on shitcoins, go for it! it's not my money! if someone ends up making a ton of money off a shitcoin, awesome, good for them. if people end up losing a ton of money because of a shitcoin, well, let that be a lesson. shit happens. thats my two sats.
ah yes, elton musk.
the elton part got me
you must have not been here in 2017. this is the exact same sentiment , instead of shitcoins we had ico's
there is a huge fucking difference from one school teacher trying to be in the crypto market and then having a billionaire who manipulates the market which is illegal dumb ass there not the same
wait elton john is in crypto?! he’s the guy who sings rocket man right?!? omfg you know what that means right?!? we going to the moooooonnnnn not financial advice
at this point i’m just hoping the entire market crashes -80% we need a full reset
1. this is not mass adoption 2. this is not decentralization
lmao this is so far from mass adoption. almost no one is using any cryptocurrency to do anything besides buy with the prospect of making money. institutions and billionaires are here because it is now abundantly clear how easy it is for big players to make money in crypto. people are actually delusional on this sub.
...it is manipulation. crypto being a plaything of the rich during a pandemic, any regulation that comes out of elon's memery will just screw everyone but the rich even further.
very true. good post.
i made . haha. stay mad ;)
finally someone who gets it. it's very clear that mass adoption of anything leads to masses of everything. what you like and not like.
yup. best thing to do is to change the thiscourse back to something more productive. like new developments, projects, prospects and generally how crypto can. in my opinion, all that other stuff will eventually fade into the background as time passes.
someone finally said it!
decentralized should not mean deregulated though. pump and dump schemes and using your influence to manipulate the value of a crypto currency to your own advantage should be illegal.
people that say this isn’t close to mass adoption just want the possibility of a much higher price lol. everyone knows about crypto now. i think the majority of those that were going to get into crypto have done so. you could say more companies might adopt it, but i tend to wonder about that really replacing treasuries etc. maybe a good deal more companies will carry some crypto, until a big correction makes that not seem as smart.
think we still have a long way to go and that is fine. a lot of people still do not understand crypto. i just direct them here to this sub.
if this is mass adoption why is it then that nearly everyone above 40 has no idea what crypto is. they just know that it makes a lot of money. not long ago i talked to a few older guys (50+) they bought bitcoin diamond because it was the biggest gainer that day. they did not give a fuck about crypto and did not plan to actually use it. this is the case for most people even under 40 that are in crypto. mass adoption does not mean a lot of people invested. it means a lot of people are using it. we are far far from that.
people like to complain a lot in this sub. doesn’t matter which way we go, someone will find something to complain about 🤷‍♂️
this is why there is more demand for legitimate meme coins
i just hope that those coins will dump so hard and this shitshow is over. i'm not even sry for this "investors" they speculate or better call it gamble and that is the game you lose or win. accept both. after this stupid bullrun i hope the next one will be more educated and projectes like cardano or polka... start to deliver and build real world applications, that are useful. that was the spirit, this shitshiw here is, kids that are gambling on the next hype and try to get rich in 1 day. fuck that
when i think of mass adoption, i think of pulling out my favorite crypto app with keys that i own to pay for a burger and fries at my favorite burger joint. we are absolutely not there yet. not even close.
speculation mass adoption is me paying for groceries with bitcoin.
ok grandpa you need to head back to the nursing home now
mass adoption is when mastercard and visa allow the transfer and profit-taking of crypto. that will legit be the take-over. banks will follow and when people start getting their checks in crypto, that’s basically the beginning of the nano world.
the one thing you still cannot do with cryptos is pay your rent. or mortgage. or car payment. or grocery bill. or utility bill.
this is preaching! word for word, the gospel of our lord: truth.
i joined this sub to try to learn about crypto. instead all i see is a bunch of nerds pissed that they didnt get into doge.
mass adoption comes when all the boomers get in. kind of like what happened with facebook
just a little tiny bit of mass adoption.
this is my thinking
elton musk, elon's thisappointing step brother who does not have aspergers
this am not it chief
the way musk is treating crypto nowadays is extremely bad for crypto. the thiscussion is not about crypto, blockchain or real world applications, it has shifted to meme coins and tesla. of course he seems like thé front runner, the god-father of crypto, but all he does is pump and dump coins for his own gains. he treats it like his own personal toy to play with. he is no better than all the old billionaires, just an egocentric self-absorbed narcissist who doesn’t give a f about you and me or the crypto community.
yeah! that is the way (despite this being not close to mass adoption) do not get elon's behavior on a psychological level though...
stop the hate, stop the tribalism!
this is not mass adoption. that would be when everyone start making daily purchases with crypto. at this point, we're in the phase that i love. ' **the degenerate gambler and speculation where we can make a quick buck and lose our mortgage because elon post a picture of an angry shiba inu.** ' **the golden age.**
this is not even close to mass adoption. in massive regulated markets, some shortseller telling bullshit in social media can send an already beaten down stock a few percent. with cryptos, some dude can send the whole market down multiple percent with a single tweet. this is not even close to mass adoption, and we should be glad about it. why? because if this is how a market where a giant amount of retail investors looks like, regulators would go out of their way to reduce participation in the market of retail for their safety. many of price movements we see every second day would trigger market halts if it was the stock market. mass adoption looks totally different. less volatile, less chances to make some crazy gains in short term, more bureaucratic (forget mass adoption without regulation...if govt cannot regulate something massively adopted it will ban it)...but also so much, much larger than what we see today with crypto.
elon is so manipulative that he became elton
elons playing the game quite well. but i do not think crypto has been adopted yet
i have a theory about what elon's plan may be. you have to look at elons history with technology and money. after all he did build paypal. i believe he is. one that is fast and energy efficient yet shares deflationary values because each minted token will be backed by a percentage of bitcoin . this means he is most likely buying lots of bitcoin, could be starting a new company, and is hiring lots of smart people. also when he announces this bitcoin will sky rocket, meaning telsa holdings will sky rocket. thirdly tesla will accept this new crypto as payment.
does your grandma know about bitcoin and what's its use case?!
i hate what this has turned into
please do not bring elton john into this
elton john in cryptocurrency? now that would be cool 😎. that is one hell of a man right there. if we have to admire a billionaire it would be elton. rather, he would likely have been a billionaire if not for his generous donations. he currently sits around a net worth of 600 million.
thanks for saying this. just read a post on this sub whining about how "we let the 1% influence the market boo hoo"
a step toward mass adoption...but we're not there yet.
manipulation by billionaires is centralization.
decentralisation means deregulation and oversight. can’t complain when someone with enough “ooomph” can manipulate it on a whim.
who'd of thought an unregulated security would lead to people doing the shit with it that we have regulations for.
what's sad is that we're seeing adoption of crypto**assets** only. we're really far from actual crypto**currency** adoption. still good news i guess, but kinda far from the original goal of cryptocurrencies.
it’s not just newbies yoloing into the doge
the difference here is that when a billionaire uses their influence to increase the price of a crypto, you can hitch your carriage right behind them and make money just the same. no gatekeepers or complex insider games required to participate, just go buy some and ride the wave.
wut? decentralization has nothing to do with who owns the coins. it has to do with who makes the market and who regulates the market.
agreed, the s-curve has just started
i am confused: sold all my ether and bought shiba inu. already looking for yatchs to buy.
so, let me guess, decentralisation means manipulation? please
ummmmm no. mass adoption is when your mom is using crypto.
i don’t know a single person over 40 who knows anything about crypto. when that “generation” understand it, that’s when i will consider it mass adoption.
just wanted to say cumdoggy coin is actually a solid project, click my referral link and you’re on your way to the moon 🚀🚀🚀🚀🚀
‘tiny bit of mass adoption’. sounds like biggie smalls to me.
shitcoins give the little people hope
i agree. we should just start calling him elton.
mass adoption would actually be less volatile because it will be more spread out and actually being used for transactions not holding... people still treat all crypto like gold; it could be worth more! but it being all over the news makes it more common place. a few months ago avg people were still like 'yeah yeah crypto whatever... " alts or not, it is getting coverage like never before and once people get used to it, it will slowly get adopted and actually used
i just wanna know where i can buy this ‘cumdoggy’ coin...
mass adoption is when the only people profiting from it are rich cunts and regular joe is left in the dirt. so we’re almost there i guess!
the time has come!
i don’t mind the mass adoption by the 1%. one power outage in china and it will turn the billionaires into pink wojaks.
actually curious, why do most people hate on dogecoin?
decentralization? how? when huge banking institutions (centralized banks, federal reserve) had, with as much fiat as they desire(cuz they print it, charging us interest) to keep buying crypto as they can easily be part of the next problem. lol
rejoice crypto hodlers, for even in death you have become children of elon
this is what you get when newbies get in seeking profits and ignore the principles
y’all love bashing newbies in this sub
hsbc really does not like people buying crypto with their cards but they will let you do bank transfers(uk) its ironic really because i would bet a lot of money they are invested in crypto
the difference between banning billionaires and schoolteachers us that a schoolteacher is a job.
lol elton. i know it was a typo but it made me crack up.
decentralization is freedom. and cryptos are decentralize. the link comes itself
what even what is going on with matic i am so jealous.!
the strongest, nor the smartest survive. but rather those who can adapt the quickest. people digging their heels into “old traditions,” and insulting anything new they don’t understand are going to fade out in time. it’s ironic that the very community that thought crypto was better than fiat can’t recognize the value in something like doge. there’s a lot to learn from the way the world moves. and it’s better to watch, learn, and adapt as opposed to doubling down out of tradition.
elton... living his life like a candle in the wind...
i'm totally fine with people going into meme coins. i do not hate on anyone trying to make a quick buck or two off dumb projects. chase dem' gains boys.
why cannot ada go on like matic? why?
this is not mass adoption. this is mass speculation. don't conflate the two.
this isnt mass adoption, that is when literally everyone is into crypto but right now most people dont know shit about it or they heard of bitcoin and dogecoin
this sub: we want mass adoption and decentralization!! the public: sees headlines and starts to invest. many gravitating towards alt coins because they are fun. learning about crypto. some gain, some lose. crypto starts to take the world stage. this sub: turns into bitching moaning assholes that everybody isn’t dumping their money into btc or eth. shuns the newbies. turns people off to crypto. y’all are sabotaging yourselves. every top post, drama about alt coins or elon. instead of being salty and arrogant, try educating and being more welcoming. “hey i know safemoon seems safe and fun, but let me tell you about eth, ada, xlm, bnb, etc, here’s why they are important to the future of crypto”
billionaire manipulation is the opposite of decentralization imo.
didn't realise elton john was into crypto
jumping in to say this is not mass adoption. still early adopters phase. mass adoption is from about 25% to 75% of the population invested. last i checked we are at 5-7.5%.
cumdoggy to the moon haha
the part of decentralization was to also let the other part of the formula such as giving the crypto space to mature the blockchain technological fundamentals ripe for proper blockchain protocols. thats why overhyping the space whilst its still is kinda pre mature is still not helping as anyone could just redirect the project growth of any primary decentralized platform and may add external incentives for centralized reasons.
no, you see, i wanted decentralization but where every does what i think is best!
until my baby boomer parents have a wallet and use it, it is not mass adoption.
i mean it is a thiscount he is giving us. this thing can take off without te, but i mean the entire market not just btc.
what we wanted is a trustless system and complete economic freedom, a means to escape inflation. crypto was never a solution to wealth inequality. the buying of it is unregulatable. regulation is the only way to achieve that
mass adoption will be when central governments scrap their mints and presses for digital fiat. it's coming. someday. when they figure out it is more cost effective to mint digital coins.
this guy was not alive during the early internet. this is early wild west of top text bottom text memes and nyan cat.
if people could just get past their knee-jerk reactions when it comes to dogecoin...lol... there's good reason many are supporting it. you think billionaires and institutions have not done their research?
it might still be better than fiat lmao
surely governments could create laws and legislation in future such as if a person is found by an independent group to have been manipulating prices then they could be fined? etc. if governments do want to move into crypto in the future i do not see how they would just accept that a billionaire can have such a massive effect.
time to buy ladies and gents. time to buy and strap in
mass adoption means blockchain technology will be interwoven in our society like smartphone, internet, etc is. we are very early. coins like ada will run governments, iota for industry, eth for entertainment, btc blockchain gold, 420xcoin weed industry and so on. very early days!
yeah, go home elton john!
elton you mean elon?
i agree! [now, the world do not move to the beat of just one drum, what might be right for you, may not be right for some.](
in a way i’m glad elon is shilling an actual truly shit shitcoin that has 0 fundamentals because i know it doesn’t have a real future
exactly. if i find a particular coin is worthy of my time and money, that is my opinion. that might not be an opinion of a billionaire who just learned how he can turn into a multi billionaire by fiddling with any project he wants. ' people will only realize this once this cycle ends.
not yet, at least one cycle to roll.
it's been fun to watch people decide that perhaps regulatory oversight is not so bad.
yeah... not sure about that chief. it's not a coincidence this crypto-boom happened as the fed started giving out trillion dollar [single day loans and ultra high interest weekly loans]( . i believe, most of the price action in crypto has been driven by certain hedgefunds using these loans to drive the price and interest up and dumping these coins to pay back the loans and keep the untaxed profit. the fed literally does not care about the long term interest of cryptocurrency or its holders. they clearly need these funds to gather as much capitol as possible as quick as possible, and the only reason that would be is if they foresee a large credit event on the horizon. i wonder what kind of credit event they could be preparing for? it's almost as if large investors on wall st. are about to get hit with demands to pay back a ridiculous amount of money and them defaulting on that without enough capitol built up will cause the economy to go into a freefall less than halfway through the first year of a controversial president's term so they are letting them build a money wall out of your crypto loses to help protect the economy as a whole... psssh. yeah. like that could ever happen.
i did not know that elton john was in on this as well
look into algorand (algo). it's one of the most, if not they most, decentralized crypto blockchain.
aka: you can’t choose who wears your t-shirt
"while consumer advocates said musk was hurting investors and making a mockery of the public markets, it was unclear that he was breaking any rules simply by wielding his influence."
yeah the shift i think it is happening is, early adopters and getting some money out of cryto and investing in stocks... while older noon cryto people are taking their money from stocks, and throwing into cryto... it eventually it will balance it out and be homogenous... with rich people on both ends of the spectrum. i hope...
elon musk is the new john mcgafee, even picked the same token to pump. at least mcgafee was doing r, and is now being indicted for fraud because of his crypto scams.
untill the value fluctuates, let us take inflation goals, 2% ( just a number on top of my head, it is the point not number that matters), you cannot count it as mass adoption and as a currency. it's value needs to be stable and unable to suddenly tank over night into nothing or rise to the moon. not to mention it needs regulation to stop market manipulation and dumping.
problem with meme coins is that it shows the market is still far too small, non resilient and is sucking away capital in the limited bull runs that crypto has. let me put this to you - we are in one of two scenarios. (a) we are in a bubble, coins going 10000% in a month is de jure. it's beanie babies all the way down. or (b) we are not in a bubble, but then how is a coin gaining 5%+ of the entire crypto market cap in a month sustainable? that cannot keep on happening every other month. valuations become meaningless, to hit your moon all you have to do is pick a random meme coin and wait for its turn to pump. meme coins show that we are in (a), and in half a year, the market will be fucked. people do not like to be shown that.
pls elton go home
exactly. this is the 'free market' experience: you do not have a government telling you what to do, but you have a couple of billionaires exploiting the market to become even richer. decentralization from banks and big corporations is great, and we have to work towards that goal for blockchain technology. transparency is the main thing that will help people all over the world, and must be preserved. however, that does not mean regulations are necessarily bad. they are needed in every market, and they will be added to crypto no doubt, precisely to avoid billionaires and big corporations moving the market however they prefer. just be aware of this in the next few years, and choose the representatives accordingly.
why can’t we complain?
when your grandma starts investing in crypto from her pension fund is when the real adoption will be here
this is part of the process. get through the crap to seem the true potential.
the more i learn about this the more i'm glad i dodged the bullet.
yes, i do not care if doge was a joke meme coin, it is getting people to: 1. buy and 2. gaining mainstream media and marketing 3. mass adoption and education
imo the people will likely choose the coin with least control by the government (out of the popular ones) as a "decentralized" coin. well doge fills that criteria for now and it is catchy, it will bring new and different people to crypto and it will spread to the other coins as well. i do not know why you are all that serious about it, there will be several cryptos used in the future and that dog will be the funny face, we'll have a serious one for more serious people, an environment or humanitarian focused, privacy focused, etc. we'll all have a piece of the pie so chill 🥧
i thought salt season had arrived!
i'm afraid to ask a certain friend who yolo'd into shiba how he is doing this week.😑
i'm loving it. i still made a ton of money and i enjoy having the freedom to make good and bad decisions. i've been scammed, but i'm still making money, so why shut down my options to stop the scams?
dude, leave elton john alone. the man has been through enough.
if people buy from centralized exchanges we are far from decentralization
not everyone needs decentralization. companies needs it, milliners needs it, intelligent people need it. but there are also a lot of people who just don’t feet those categories and that’s just fine. some want to be leaded and taught what to do and when to do it.
yeah when people start getting pay in crypto. it’ll be adopted. still early
actually decentralization is more like a hugh centralized group controlling the network and not "no one". democracy rules, its very easy to ban elon if everyone we're to agree on it. just hard fork making his keys unusable, just need to know what address to render useless and convince everyone to get onboard. technically he could just buy more btc and get a new address but think he would think twice before throwing more billions on that pile...
none of this means shit if you cannot use it to buy anything
we are in the end game !
buy the rumor sell the news... elton says tesla no longer accepting btc... that’s news! don’t be all surprised pikachu when people sell .
"you cannot ban anyone from coming into this space..." robinhood - "you wanna bet?"
shiba up 557.73% past seven days
as a doggy style, i concur.
ouch! just gained a wrinkle. thanks all!
mmm yes the salt
i got my crypto and i got a beer... f all that other noise... nothing else matters because the fundamentals and tech will eventually be represented and priced in... i believe in what ive got do you? if the answers no keep it moving until its a yes.
“a tiny amount of mass adoption”... huh.
this is fairly accurate, definitely the beginning of mass adaptation
agreed except for the mass adoption part. everyone should be free to win or lose all their money based on their own choices. the people saying that there should be more regulation are against what crypto is meant to be and will regret saying it once the government really starts stepping in.
mass adoption happens when people see crypto as a usable currency and not a get rich quick scheme. i’m thinking we’re going to see many coins rise and fall before that time. be patient. crypto is a sleeping giant.
the dream for most people was to get rich by getting more people to buy in. any type of dogmatic rationalization was to reach that goal. there’s a reason why people spam pump and dump coins rather than stable coins, it’s never been about the technology or the impact on society.
yep, thats it, we did it! hope you all got rich!
buy stable coins if you truly care about the cause of defi instead of getting rich quick.
let’s face it…. most of us got into crypto for the money greed and we saw quick fiat money to be made. if we have this type of mentality about crypto, we are really no better than the billionaire(they are just way better at the greed game because 90% of them are sociopaths or psychopaths). therefore, we need to be better than viewing crypto as an easy way to make a fiat buck. we need to view crypto as the only way the next generation (when we all die) can secure a better financial future. we need to see the value of crypto not in fiat but in crypto. we can’t fight the government forces with greed. we need to be collectively better than that if we want crypto to be what it intended to be.
tesla is making money manipulating the crypto market than making electric cars. i am sure elong is hoarding another coin which he will pump in the future. i never bought dogecoin but might consider buying whatever he pumps, coz it will 600% 😅
it's not your comedic timing the post, it is your comment time in the post.
is elton messing with your flow? i thought banning people and censorship have been backed in since the first bitcoin sub. it’s part of the game. also, doge to the moon.
hi am a noobie, bought 100, never done anything with stocks or crypto. probably gonna forget it exists for 3 years
well you cannot have mass adoption without some form of centralisation
why dogecoin when you can have yeet token and the chad token?
he's just making a bad entry. but my local news paper called him "crypto king". why do i feel offended?
itt: people realizing libertarianism isn’t all it’s cracked up to be
ackhchually you can ban elton on media outlets for pump and dumping or wuttt ?
i’m long on elonsgoldenjizz . it’s gonna moon for sure.
careful what you wish for
stop cribbing and buy till it is at the current price levels.
hey i like my doggy coins
yo, that is what doggy is for
this episode was great imo
you can’t ban me from being salty
i totally agree. this sub has almost nonstop complaining about newbies and shitcoins making money, and elon and whales shorting, oh my! this is what happens when people start paying attention. but nothing changes much for most. buy the dips, don’t ever sell at a loss, and just hodl til things spike or stabilize again.
just saying unless you've had your bitcoins since they were priced similar to dogecoin, i do not think you can call anyone a newbie. just because your investment strategy is not up to par with others does not mean you should put people down. envy is a sin. those who pay attention are the ones who profit, a tale as old as time
my friends and family still think i’m stupid ![gif](giphytmlmgqm7kbqdxcg19v)
thanks man, somebody had to say it. i am here for the tendies, you guys are here for the tendies, so shut up, invest smartly, carry on with your losses and your wins. hopefully you’ll have more of the latter.
i am newbie , learning about charts , rsi, ema double crossing etc as well as learning about bitcoin technology ... and here some dude doing yolo earning and giving fomo vibes ...l just wait for the bearish run ... this yoloing would find another corner to hug & cry ... and bitch about crypto is a shit ... game is rigged blah blah
it’s crazy because i feel like investing in regular stocks is a waste of time now. i have the urge to sell my stocks and throw it all into crypto.
can you really call it mass adoption though when a good deal of the interest right now comes from pump and dumps and other scams and not genuine belief in crypto?
not sure what you are talking about. im still living paycheck to paycheck, i have yet to get adopted by a billionaire...
but they are not buying my bags
i personally think the time has come to start evaluating everything based off eth not btc. btc is no longer a “crypto”. it’s morphed from something that was intended to change the world into a rare pokémon card that has no other purpose than to sit on shelf and make a few people rich enough to own it, money. eth and the other alt coins, are the ones that truly represent crypto and will make the changes that many of us that started investing are looking for.
i mean whenever someone mentions hbar y’all get real uptight 😆.
no. mass adoption is when i’m able to buy a big mac at mcdonald’s with crypto
if people understood that if we invested the same money we've put in coins like doge and shiba in other coins qwith low supply like tellor, we would all have a shit ton of money by now
it’s a dogge doge world.
yeah, mainstream adoption is the best thing that can happen to crypto. we should welcome this.
and i'd still take decentralisation over central authority and regulation. it's never a one-sided story. a billionaire is not just manipulating, the masses are facilitating the manipulation. greed is one of our biggest weaknesses (there might be a strength in there somewhere). the masses following manipulation is why manipulation happens. but maybe we'll learn over time and slowly develop resistance and immunity to it. maybe, after many stings, we'll learn which insects sting and which do not. maybe, we'll learn to self-regulate. education is key.
"mass adoption" will happen when cryptocurrency is... currency, rather than a speculative investment.
trying to figure out why some people thought bitcoin was gonna be the socialist revolution but for privileged middle-class kids lmao
i just want to be rich. i do not like the idea of digital money.
mommy, mommy, that is what doggy is for
unfortunately, there is no way to stop the ultra rich from participating in a decentralized system. they have the money to run up price, sell at a profit, rinse, then repeat. so they have a great deal more control over it than we do. however, with smart contracts we may have the last laugh as we can eliminate the middle man from any transaction. this will hit those who make their billions being middlemen the hardest.
at what cost. we've traded a lightly regulated master for an unregulated one.
wait. what day has arrived? shilling memecoins or mass adoption?
“tiny bit of mass adoption” read that phrase again
you're all being taken for a ride.
stop bitching about elton john, man!
yep :) totally agree. it's only going to get crazier as more people get into it.
mass adoption will be when i can buy a burger with crypto, and im sure thats already possible in places but not where i live.
lol in what universe is this adoption? this is idiots throwing money after other idiots in the hope of getting rich. this is a crypto bubble. again. mass adoption is when people stop using usd and start using btc-whatever.
lmao, dude. go check how many crypto wallets are in existence, and come back and try to tell me again how this is mass adoption. we are on that path, but this is not it. no way
from the day we invented these tokens and whirring, set miners to "toast" there's more to hodl, that can ever be hedld(?) more to gain, than can ever be lost there's far too much to take in here more to mine, than can ever be mined but the price rolling high all the dips we can buy keeps great and small on the endless round it's the blockchain of life and it moves us all trough despair and hope trough faith and love 'till we find our pace on the path unwinding it's the blockchain the blockchain of life.
the adoption kind of defeats the purpose of crypto when big institutions that already run things are getting involved and are hoarding a thisproportionate percentage of crypto like they do regular money
more like mass mania. when bonds get removed from asset allocation models, and a crypto goes in, that is mass adoption, at least in investments. when you can set up a bank account with bank of america in sats, and spend in dollars, that is mass adoption.
i'm not irritated with the billionaires who shitpost on social media, i'm irritated with the people who choose to play that stuff. even asshole billionaires should be free to say what they want on social media. it's not really their fault stupid people base huge financial decisions on it.
*i was here when history was made*
i bought 19 doge coins a week ago, i'm really new to this. am i going to be fine?
i have no crypto at all. i wouldn't even know where to start. but honestly i'm rooting for yall. for too long the status quo has only benefitted a small group of people. i hope crypto takes off!
why can’t we ask elton john to go home?
financial institutions and billionaires or big millionaires trying to get in as they are too late of getting in. once fomo among them sets in then we will see major up and downs.
adoption is when you can go into a grocery store and buy your groceries with crypto, not people treating them as securities. if you think the current climate of gambling on crypto means they are a currency, you do not know what currency is.
you sure about it calling decentralization??? people running to platforms like robinhood, kraken, binance and coinbase & co isnt probably what i call decentralization.
people usually only give a fuck about profits not decentralization. they am not "shopping" with that money, they wanna store it long term or sell for profit.
what does this forum think of shiba inu. thinking about getting involved but not sure.
>don't be a bunch of salties. love the irony of this statement, ya salt block. we have not even begun to see the effects of adoption. bank money has yet to enter. once banks go from swift to blockchain, then we have arrived. don't blow your wads yet.
you missed the point about telling people to shut up when their chosen crypto goes bust because of manipulation and shorting it. many will die - bitcoin will be among them eventually. and we'll see the salt rising to the top on those days! that's just what happens when things gain popularity - some go bust!
its not even fomo anymore, its fimoftws. (fuck i missed out fuck those who succeeded)
just look at those doggy eyes,
i saw it in the top ten and the name was cool
as i understand it decentralization refers to the block mining, not to do with the thistribution of coins themselves. life is, sadly, unequal, which will be reflected in that thistribution. what decentralized crypto offers is that nobody can alter your balance or alter your transactions.
you know you make a great point. even though this still is not .ass adoption...mass adoption is when crypto is an integral part of everyone's daily lives. from banking to social media to how they buy houses and pay for groceries. we're still not there yet. what you're actually referring to is more the early stage of it. mass adoption will be when nexo and blockfi interest rates fall down into the 1s and 2s, people ae using crypto cards everyday and getting their loans and diplomas in nft form. still in the baby stages.
why worry about 3% yearly inflation when the future of money can drop 10% in one day?!
my go to statement. follow elon on twitter to know when to pull out of certain investments. morons follow what he says because omg he rich. but i mean their basically just sheep.
i was 16$, stopped investing after it hit the news super hard for your exact reason
i'm worse than a newbie. i do not even know what any of this stuff is. what chance do i have even adopting any of this?
people who pulled out of bitconnect (or the right people) made money... so what i'm getting is cumdoggy coin to the moon
this is nothing yet, there is nearly 100t in the wealth management, sovereign wealth, endowments, etc. all the big money are going to want a piece, and would not want to settle with buying btc futures as often as they can.
thought you misspelled dodgy, but doggy coins is, of course, bizarrely relevant and accurate.
honestly, i think people do not realize that mass adoption probably looks a bit boring. much less hype about mooning. slower and less interesting technological innovations. more coins are stable (and hopefully not just "stablecoins" linked to a fiat currency), and are actually used to buy goods and send peer-to-peer, or to hold for a nice, steady store-of-value. what people want is not mass adoption for mass adoption's sake, but to be able to say, "i knew about it first." basically, everyone here will be the smug fans of a band before they got popular. (except with the swag, i.e. $$)
i do not think musk should be stopped per se. but i can still despise him and the very system that allows him to have reached the level of wealth and influence that he has. i do not want regulation but i can still roll my eyes at those who love him and support his actions. also, in terms of decentralisation. the spirit of decentralisation is no single person or group of people having significant control. this might be decentralisation in a sense, but while a single person has that level of influence, we still have a ways to go.
i wanna buy cumdoggy coins. it will moon...
it's the growth we wanted but it is not the healthiest growth we could have tho
lol i like the polarization between elton and teachers
it's litteraly the same as last time except instead of ico scams it is dog coin with super deflationary tokenomics scams and the dude talking shit happens to be richer. this. is. not. mass adoption, it is very early phase adoption, these sort of bubbles always happens in early phase adoption. people thinking it is this is it, this time is different also always happens in early phase adoption.
i m just waiting for the ccp 51% ing some of the biggers coins
what i dont get about yolo-ing doge is there are cheaper and more reliable coins like ankr available. it's also a shit coin, but it is way less of a fight up river
when it comes to the doge, apparently 1-2 people hold 60-70%+ of all currently available coins presently in circulation. it honestly wouldn't shock me if banks were buying them all up. and not just doge, but every other crypto. just so they can keep a firm grasp on the world's supply of money. regardless of type or format it is found in... anything to stay in power. motherfkr's...banks need to thisappear.
mass, masses, massive = the least smart of the bell curve population finally joining... have fun everyone.
when you can’t change something, change your mind about it. instead of being mad, find a way to benefit from it
elton mohn ain’t your rocket man
i hate the rich...
we can get even *masser* with adoption.
not all crypto’s are created equal. i expect tesla will pick a crypto it can easily manipulate. this will leave crypto’s like ada out in the cold, i suspect.
i love the idea of people-powered finance and that’s what got me interested in researching beyond the main crypto currencies. even though i thislike the barrage of meme & new shit coins we’re seeing everyday, i recognize they are part of that decentralized finance “spirit” and are a part of this space. and if these coins are being bought and swapped through any of the infrastructure or applications i own tokens in, that is a win for my portfolio. i’m not a fan of how one person can thisrupt and wipe billions (or add billions if i am going to be fair about this) to one coin or several coins due to a tweet or wildfire speculation from the masses trying to guess what this person will do and how it will impact a coin. creating a crypto kingmaker doesn’t feel very “decentralized-financy” , but i also realize this kind of thing will inevitably happen with mass adoption. most people who come in will not want to do their own research. they want to be told what to do by a pop culture figure or someone they believe to be good at business. i’m just going to shut myself off from the pump and dump “to the moon” rollercoaster side of things and focus on investing in projects like matic, ada, uni, algo, etc.
the holy roger is your ticket. thank me later
i read savage dragon as a kid, probably the first time i've thought of it in 25 years
just heard that tesla will now accept ada for purchases.
the system has been fucked from the beginning. are you really surprised?
sticky this to the top of this sub permanently please.
ruining the environment with poorly designed cyptocurrency! we did it reddit winning!
i’m definitely learning from my experience of buying . i’m into legit crypto but these doggy coins are just a bit of fun that’s paying off big time.
i respect your view but i believe this is not mass adoption at all. mass adoption would mean widespread use of these currencies for bartering, trading of goods and services. that is effectively the purpose of a currency, no? the only thing that is massive are the pump and dump schemes, and volume of transactions centered around speculative investing. what we are seeing today is more like the dot com boom and bust cycle of late 90s, which was fueled predominantly through online communication platforms like yahoo forums. only difference is today it’s the pool that something can go viral within is much bigger, and multi-platform - jumping from twitter, to reddit, to clubhouse, to thiscord, etc. like a virtual std.
crypto still isn’t used as a currency much of anywhere. literally most people have it and wouldn’t take it out to spend it as it’s an investment. it’s a decent store of value because it’s trendy rn; but so we’re tulips once upon a time
is worrying that the us government aren’t sanctioning elon as if he were insider trading or illegally effecting stock prices. he is set to make millions of his transgressions.
to be honest this is it!
this was needed in order for the government to have an excuse to regulate it
if the definition of "adoption" is people buying and holding for speculative gambling then i guess we've done it. congratulations everyone!
actual good moon farm post
it's already being regulated like hell... lost the purpose for me.
until it is more regulated, crypto will be used and abused to hell by hedge funds. might catch flack for this, but i feel as if that will be its ultimate downfall.
every time elon musket twitter he makes money. when he talk about bitcoins and follow up with another twit about doge, he made money. he said he did not sell bitcoins but i am sure he bet short on btc. one day he will turn around and ram doge from behind. his excuse would be “i am an engineer not an investor. why you listen and give me your money?” he has enough money to drag out lawsuits for a century. good luck.
is cumdoggy a real coin?
this is what true capitalism looks like. not the watered-down capitalism you get back at home.
you are in for a whole new world of surprises if you think this is what mass adoption is. mass adoption will be on the scale you cannot comprehend, where every tech you know or do not know will be backed by blockchain tech, allowing seamless transition through items you did not think were needed. a bunch of bored people buying random shitcoins sure will cause them to pump and turn into a bull market, as it has for awhile now, but it is nothing to do with mass adoption.
bitcoin was successful when people sent money to wikileaks after paypal and visa cut them off. it already is a success. it has nothing to do with the price. it is one of the dumbest bubbles in history. both of these things are true simultaneously. and mass adoption is just never gonna happen.
elton is also into crypto? wow...that tiny dancer loving motherfucker
speaking of newbies and yolo coin check out pbutt. look at the charts bullish asf.
cumdoggy ...which crypto is that?
i dont know how i feel. are you with doggy coins or against. cos you 50. we love you... elton.
so when can we a expect wallstreetbets but for crypto?
sigh, no it is not. when i can go to any gas station and zap my wallet , it is mass adoption. when i can go to the store without being afraid they do not take my coin, it is mass adoption. when i can pay for nearly every online service with my wallet, it is mass adoption.
yoloing into dogey coins*
no lmao, the economy is in a bubble and another great depression is on the horizon, stuff is bad and the sheep haven’t realized it yet.
but countries can ban your access to what gives coins their true value, exchanges. if you do not have access to an exchange your coin is kinda useless at this current point in time. i should look into decentralized exchanges but as far as i'm aware they still require kyc.
you know mass adoption has started when the market starts to become regulated. this is not mass adoption. all these fucking market manipulation is just the start for governments to start looking into this shit
damn everyone that missed out on doge crying like little bitches and hating so much on it. this is the 100th post i’ve seen this week trying to shit on dogecoin
rejoice and buy safemoon!!!!
cryptocurrencies are just another form of currency. it can be hoarded and accumulated into the hands of a few, if they have the capital for it. the libertarian right dream of doing away with a centralized regulatory government is emerging. instead of that, you get psychotic billionaires looking to build an empire worldwide and thousands of scammers looking to fool you, knowing there would not be any repercussions due to the unregulatory nature of crypto.
eth and cardamon hodl pls 5 years min.
not crypto related specifically, but there is a great book called the square and the tower that compares and contrasts networks and hierarchies throughout history. it's an important read because crypto falls into the network category and the counterpoint of regulation comes through the hierarchy. but basically networks are great as long as their self regulation actually works. once the members or products get out of hand and people want security the hierarchy has to step in. since this is early days indeed, the network has to really nail down it is internal regulation. inventing new currency, and pump. using the currency for illegal purposes destabilizes the network. if the network does not regulate itself it will become regulated by the hierarchy, or worse destroyed altogether. since some coins invite the hierarchy by selling in the stock markets those coins will inevitably be regulated. it's a neat idea in theory, but, like the internet, it will fall to the hierarchy sooner or later because the members of the network will not properly regulate themselves.
y'all are gonna have to wait for after the gme to see what's really what with crypto; newbies might get scared off when it comes to light that crypto was used as pump and dump
any good documentaries on money and cryptocurrency?
why doesn’t elon create his own meme coin?
the minute institutional investors got involved the writing is on the wall. their ability to move large volumes in an out will mean that this is just going to be another tradeable asset for the wealthy. i find thiscussions on crypto boards about crypto decentralizing...laughable. a bunch of people who have literally no idea how modern capital markets function and how much money moves around in things like...the bond market (trillions, daily), or in cds (they still exist, and cdos, now call btos), or in the the corporate refi market. and at the end of the day, you cannot conduct business in the us and refuse to accept the dollar. it is legal tender. you can take crypto, but you cant refuse the dollar. in trade maybe, but not in transaction cost, because you have sales tax to account for. if anyone on this site or any crypto site thinks the us will allow the dollar to lose its reserve status to something like bitcoin, they are fucking morons. they could lose it to china (doubtful anytime soon) or some other country, but to something that has no government behind it? the us could just ban crypto transactions in the us and freeze the asset market. people seem to think the fed and banking industry doesnt take control over the money supply seriously.
that's an interesting point if you have lots of cash and bitcoin takes off and money becomes worth less and less i wonder if you could end up with some people losing all the value in their cash as it becomes unwanted.
*buy the ticket, take the ride*
lol 😂, when you have to explain in a 500 word post about it you know it is not mass adopted. the only thing mass adopted is trading it.
far from it chief crypto is still a child
yea cause only my fake computer coin is real and the others are bad... what a joke
lol cumdoggy coins, please stop i'm dying.
is it a good time to buy crypto currency? whats the best way to buy crypto? should i be worry about hackers? im new to this can anyone tell me whats going on?
i have been trying to warn of this... i honestly think the elon snl to tesla crypto hype... 400 billion overnight of panicked newbie sales after the first dip... newbies who only got in because of mass promoting of crypto, especially doge which is miraculous mentioned live!!! along with to the moon apes smh...
people here thinking crypto is not being manipulated lol. it would not be long before countries will have laws for crypto.
elon didn’t try to manipulate the market, he did.
y’all didn’t do shit but kick the can, assholes.
the system tips at around 15 to 18 percent of adoption:
i'm sure if i went back to 2017 i could find a post just like this. [ hooray for mass adoption again...
billionaires taking you for a ride whilst the average person still does not give a shit somehow equals adoption? it took australia 26 years and a pandemic for people to have any idea what a qr code is or how to use it so goodluck.
serious question: what is being mass adopted?
thank you for saying it
adoption is people actually using it for a wide range of transactions, not just bidding up the price. mostly, it is just been adopted by criminals and hackers.
decentralization does not mean being free from critique.
you know when the last time the people were in control? 2008. before that, 2000. you know what happened? all those people lost a lot of money in a market crash. i wish you nothing but the best of luck and am on your side - but market forces tend to have real power. and they’re complicated. please be careful and protect yourself. this is not the first time people have been saying what you’re saying.
yup! i think it will all calm down when the hype dies down, but now crypto's here to stay. decentralization's just beginning to take hold - its the wild west right now is all, but soon we'll learn how to regulate ourselves
crypto is the next wave of the world, idk how much of a fan i am of one of the most wealthiest persons in the world investing in a single currency. i get the meaning but i am skeptical of someone that rich (being a "hello fellow kids" guy) trying to help the underdogs. my opinion is dogecoin is making the certain rich, richer
i just want to be able to buy a new gpu >:{
genuine question - do folks here feel coinbase adding doge is good or bad for the space as a whole?
i feel like anyone who has been into crypto for reasons other than money should know and probably do know this was going to happen. it's only the people going to it for easy money that are crying wolf... and to be transparent, i believe in the fundamentals crypto, but i also believe it will make me a lot of money. i mean it already has, but the fundamental nature of crypto is a long term play not a short term one for me.
“i’m still standing” -elton
agreed. any publicity is good publicity. even elon’s statement about the environmental impacts of btc is healthy— it sheds more light on pos, which i don’t think a lot of the general public are aware of. the simple fact is, we are still at a point where the market responds to name recognition. one of the more bullish indicators of mainstream adoption i’ve seen this cycle is how many news stories are mentioning ethereum alongside bitcoin. and even doge. there’s a lot of fear that people will lose a lot in dog coin pumps, which may be true. but we will hear more about people that made millions. this isn’t going to deter institutional investors from btc or eth. and it’s going to make more retail buyers look into it, even if they are thinking about it like a lottery ticket.
say it louder for the haters in the back
honestly all of these problems could be fixed if we just centralized the process of creating coins. ... ... ...
the globe has reached an interesting financial state, that much is certain. i have had several friends begin investing in assorted cryptocurrencies in recent months, strangely people with neither computer nor financial backgrounds, their genuine interest has been refreshing. on the otherhand, my brother, who was a business major with *some* i.t. background (he is good enough with sql queries and vb scripts for his current career, but lacks the panache for full-stack development... but i digress), he is well-versed enough to research and act upon that knowledge but he would not touch the cryptocurrency market with a 10ft pole. i have listened to him verbally argue both for and against investing into a few coins, for months, but he never takes the plunge... lots of opportunity, both positive and negative; but there is so much more upside, provided that we remain decentralized. such an interesting time.
if you were going to invest now, what would your opinion be (not your financial advice)? where would you look? serious answers only please.
i wish rich folks would stop shilling the coins...
volatility is good. it allows new players to enter at a reasonable price point. people can trade or they can hodl. the thing that makes me happy is that everyone is allowed to have a go. much woof x
covid is changing as much of the economic landscape as the black death did in europe. higher wages, paid in crypto! to the moon!!!
so in the end billionaires will turn in to shit at some point?
idc , as long as my pi coin gets to at least . each in the next 5 years , i can retire early , and spend my time helping the poor , and hungry.
great time to be invested nonetheless
i like hash, blonde is nice.
crypto is nothing more than a group of fans buying baseball cards they think have real value.
fucking elton john manipulating this shit
i thought adoption of cryptocurrencies was for them to be used as currencies. this is not mass adoption it is mass speculation
elton made me some decent money from all his tweeting about doge. well, decent in my mind. i had bought a little over 300 bucks in doge which was just a dumb yolo with no real logic, and he brought be up to 2500 bucks which is way more than i'd ever put in myself. gives me some padding to play fast and loose with more coin and not sweat it too much.
this is the way!! shit, wrong sub. carry on! rocketman 🚀
the long expected mass adoption and decentralization is here already even with the mainstream adoption of digital currencies as a means of payment for goods sold and services rendered through crypto payment service providers like utrust
the issue is billionaires already have a head start in crypto. decentralized currency will only work if everyone has to start at the same level.
people dream about getting rich. no one cares about decentralization except for a few. you think people out large portions of their savings in crypto for... decentralization? most people dont even know how blockchain works.
some much for decentralization when one man's tweet controls its movement ;) ...
mass adoption will be if i can buy my groceries with crypto. that might happen soon if the dollar collapses, but if it does not, it is still years away at best.
crypto veterans have been trying to get to adoption through education. this is the result of adoption through manipulation.
i see posts like this alot but when i turn reddit off and go out in the world. nobody knows what crypto is. i still encounter people who do not know what a bitcoin is or flat out say crypto is a scam... i do not think we're hitting the masses yet. just my opinion.
this is still just a little square in a notebook. mass adoption is about bigger and bigger numbers.
the man just wants to manipulate the price.
reliable message bargain hunt！bargain hunt！bargain hunt！
rhs coming update will be a step towards mass adoption. shitcoins draw people in and right now they are a hassle to buy and get back to fiat, ones that is set up crypto will booom
here is the link for shiba swap test video
yep all these flavors of ice cream and they choose salty
when will big banks adopt crypto though??
so let me guess... you didn’t buy any dogecoin... 🚀
more like newbies yoloing into ethereum. that thistaster is going to end with so much capital and lives destroyed, all dogshit coins are nothing in comparison
are you mad that you did not invest in the "doggy coin" before it took off?
cry cry cry... doge to the mooooooon!
a decade later and crypto is actually usable basically nowhere. mass adoption will not come until you can actually pay for everyday items with crypto, and with how volatile it is, that is not coming any time soon.
most guys who hate the dog coins hate them because they are jealous that their own coins did not have the same gains and not because they bring "bad publicity" to crypto or because most of the people that bought em will lose their money - change my mind
what about the biggest platform now under federal investigation? a lot of people in this sub would be on the titanic telling their fellow passengers to go back to their rooms, "everything is okay guys, is not this vacation we paid for awesome! in fact, now's a great time to checkout some below deck activities. no lines, am i right!?"
i'm going to cryptocurrency anonymous
or. you know you can pass laws that regulate shit like with… you know… everything else.
twitter should start flagging musk's tweets...
it’s so fucking funny that two shit coins have made me more money than vechain, cro, btc combined lol. 🤷🏽‍♂️. can’t beat em... join em. don’t hate 😂
what a fucking bootlicker post
when people say they want adoption they mean only for the coins they have .
one tweet from musk and bitcoin lost , can someone else how this is a stable currency? i can help you with that, it’s not.
wait, as a newbie, whats wrong w doge ??
“never knowing what to cling to, when the dip set in”
elton mask i am dyyying
"when i look back boy i must have been green"
goodbye bitcoin core your environmental footprint is such a sore, forget my spacex rockets and all the tesla batteries being charged by dead dinosaurs it simply just would not work network fees were breaking my bank it seems that crypto is not what i thought it was before but seems to me i've lived my life manipulating crypto coins i hope that people do not realize what happened they will want to kick me in the groin i sold it all, and played you all for a few expensive thrills and hopefully the market's burned out long before my wallet ever will...
"i cant get no, bitcoin action"
this may be the best comment i’ve ever read - bravo sir 👏🏼 🦧 📈
🤣🤣🤣 elton mask! just shit myself...
absolutely exceptional comment 😂
the more times i read this the funnier it got
this comment is the epitome of why i love you ve reddit.
10,000 red candles in the wind. r
> been candles in the wind? slow down elton
that brought a legit tear to my eye. thank you
*hold me closer, tiny doggy*
this is so good in so many ways
you forgot the [video](
> "and i think it is gonna be a long, long time" > "'til touchdown brings me 'round again to find" > "i'm not the man they think i am at home" > "oh, no, no, no" > "i'm a rocket man" > "rocket man, burning out his fuse up here alone" -- elton musk again
greatest generation my ass. tom brokaw's a punk! -talladega nights
i laughed so fucking hard at work at this.
<7 minute long synth intro> the cryptos in my wallet bouncing with the memes online everything about this coin was born to grow and die oh it does not seem a year ago to this very day i said i've gotta yolo if i do not buy the dip i'll never see any gains my doge lies bleeding in the red oh it kills me to think of the tendies i could have had i was mining doge with ec2 trials way back when if i sill had those old coins it would be five hundred grand doge lies bleeding in the red
yep. only 2% of the world population uses crypto, and probably less than half of those understand how it works and what it is about. mass adoption is going to look way different faq: here is my [source]( and i was rounding up for a nice 2%. these stats are from jan. so maybe we already reached the 2% mark. claims of 10, 20 or even more % are simply false. we are talking world population. contrary to popular reddit belief the us is not the world^^ obviously im beeing very generous when saying less than half understand it and no you do not have to understand the technology behind it to use it. i'm not "tech savvy" and my own understanding of crypto is limited, even thou i've been investing for years.
thank godness crypto is actually based on principles of decentralization. otherwise same would happen as has happened to stock markets. dexes and privacy coins are the future.
how will they regulate monero and dexs?
everyone says regulation is bad but... _gestures everywhere_
this is the pre-stage to regulation. when shitpoo coins tanks and the retail masses lose a fortune on the pump and dump, the government will step in and regulate.
and when i can use it at walmart. this isn’t close to mass adoption.
regulations for usa? i dont care. billions of people in developing nations could benefit from crypto right now. it took me a few years to make my first bitcoin purchase after thiscovering it. but being a first worlder theres no motivator to involve yourself with crypto aside from speculation. in countries where hyperinflation is normal the people dont need to be motivated to make the switch. they just need to be educated about it.
seriously, like one man can move 2t mc in one tweet and people think we have mass adoption? absolute lunacy
i’ll be hoarding my monero until that day.
mass adoption will be when you would not even know that you are using blockchain. like, do you know if amazon is using mysql, mssql, postgres or oracle for their database? no, and why would you care? that's mass adoption.
> this is not even close to mass adoption. holy shit, common sense in the top post in a crypto sub. thank you. this is mob mentality, not mass adoption. it's gen zs gambling a couple hundred bucks on meme currencies, spurred on by widespread memeing. if nothing else, it is effective marketing. mind you, there is absolutely nothing wrong about it, but it is not some grand adoption. there's no way to even spend most altcoins on, which makes them purely speculative, not to mention that the vast majority of altcoins die without so much of a blip on the radar. it's all good fun though, it is new, it is super progressive, and i love all of it - but this am not remotely close to mass adoption.
my guy what do you think kyc? they weren’t here for crypto back in 2008-2012. yeah, the laws are here for the us maybe not other countries but the usa just had coinbase go public and now the sec and irs are stepping heavy into legislation. it’s all been here for a bit now.
exactely... what we see now is that this decentralization is not substainable: energy consumption, manipulation and so on. i'm looking for an exit position actually
the future is now, old man
right! this is the tip of the spear on mass adoption of crypto as an *investment*, nothing close to mass adoption being here as far as the world actually using blockchain tech.
when mass adoption occurs a single tweet from a random businessman won’t be a catalysis for a dip in a global currency.
they are for me. i'm looking at <no thanks.> i'm a saltie. :(
op kind of acknowledges this without realizing in when they said we’re seeing a “tiny bit of mass adoption.” that’s like calling a suicide a tiny mass shooting.
coinbase being number one on apple store \*again\* is pretty close
i see it as mass greed and an unregulated market
“you haven’t even seen my final form!!!!”
i am curious how it wil look like
yes i think when mass adoption hits we will see new laws and political decisions in global scale that will push capital out of decentralized cryptos, into central banks and their new shitty digital coins.
he means that this is what it will look like. if there is more mass adoption, there will be more chaotic shitcoins, which i agree with (and do not think it is a bad thing)
this is not mass adoption. mass adoption is walking into a store. on the front door, next to the visa, representing all the various cryptos accepted. in crypto, we are in the same place where diner's club was in 1958. it was the first credit card, and few restaurants took it.
the moment all crypto coins drop 50% that’s when i know regulations have been put in place
yep, i have the same opinion. thumbs up if you're the same
you mean when tax evasion is hard and using cryptocurrency is easy?
isn’t this exactly the problem with regular currencies?
absolutely this. once the whales of the **old money** wants a piece of this, you're gonna see a lot of regulations that has helped the old whales to be attempted onto crypto.
this is not even adoption at all. the purported future of crypto as an actual currency and not as a pump. nobody is using crypto they are just trying to gamble on it.
yea until we get regulation im considering it "early". we do not get regulation until this space is too big to be left alone and ignored. right now its being left alone.
mass adoption has just begun, but decentralized crypto is unlikely to ever be the default currency. once all the big banks get in on trading (just begun), it will get regulated a bit (or a lot) more, and all the business applications that are not typical currency will ramp up. instant international transfers, tracking property titles, stock exchanges, continuing speculative investing, inflation hedge, supply chain management, there is like a million possibilities. mark from cuba has the right perspective on crypto.
>y'll learn fro exactly. when the us gov steps in and makes their own version of crypto and declares all others illegal then you will know its mass adoption.
and billionaires manipulating prices and newbies yoloing with their reverse mortages on a doge coin is one way for the government to "protect your investment"
people can’t even agree on whether these tokens are risk assets or currency and nobody has come close to fixing the scaling problem. centralized ledgers are faster and more efficient than any decentralized ledger ever could be, supply chain applications still require labeling with rfid tags (in which case, why not use your own central ledger system?), smart contracts still require enforcement of parties’ actions (it’s not like you can 100% collateralize every deal with cash, that would defeat the purpose of an agreement), and there are clearly more efficient ways to transfer funds, as demonstrated by the orders of magnitude more transactions processed by banks at any given second or apps like venmo where you can instantly and painlessly transfer fiat funds. blockchain is a novelty, a proof of concept, a lukewarm solution looking for a problem that isn’t already solved better by non-thistributed technology. it’s a self perpetuating decentralized ledger that depends on ledger hosts valuing the cryptocurrency. that’s it. next time someone tells you blockchain is going to change the world, think of how that would practically happen.
the whole point of decentralization is not billionaires manipulating it, this is literally not the goal and most of you have not even been here for 6 months so fuck your opinion on any of this, you're all biased by manipulation. this isnt it chief.
yeah what op is talking about is not anywhere close to what most people mean when thiscussing mass adoption...
>you'll know it when it happens because that is when the regulations will really hit. the tax man is coming for your crypto. [
*”its a tiny bit of mass adoption”*
i do not know who the "we" in the op is but anti-regulation goobers are the only ones who have live in the bizarro world where it is a bad thing to stop the wealthy from abjectly ravaging the rest of people. regulation is so fucking sweet and it cannot come soon enough.
mass adoption is when i have to worry about stores with little handwritten paper signs on the door saying "sorry, fiat currency only" and i can get tamales in a parking lot with etherium in under 30 seconds.
you got it. the last i heard it was less than 3% of the population that owns or has owned crypto. not positive on the source of this info but it sounds about right considering how many places it can be used. also the amount of people i talk to and i know no one yet that has any. lot of curiosity now and a lot more people understand it are willing to look at it as something other than drug money. that is funny , i should have read the next comment, lol
mass adoption will never happen without regulation. and, btc will be made illegal to accept as payment long before that.
there's still a 30% possibility that this bullrun will not end in a massive bust cycle like last time. but we shall see.
please this guy's altcoins go up
well he is a _rocket man_ ^^ill ^^see ^^myself ^^out ^^im ^^sorry
everyone who got in crypto after elon announced he bought btc ⚰️
so is he a musician now too? lol
i've found that every time i argue with reality, reality wins
look on the top 10 chart from 2017. ride the wave? more like playing hot potatoes, fingers cross you are not last.
nobody really complains or make salty comments when they are in great profits. i have both bags, but it is pretty clear that most people making salty comments either got burned once or never got into hype coins before. it's way easier to make 'short term profits' in the hype coin space (as long as you buy early) than any other coins with fundamentals. the charts and % increase do not lie. once you make short term profits, shift those into big coins like eth if you want to 'protect' those profits. nothing wrong with buying a hype coin at all, that is what i regularly do and do not let this sub guilt-trip you against doing so. i started off with btc, been about 2-3x up overall since the start of the year on those, but there is no way you can get 10-100x gains in 1-2 weeks like some hype coins. one strategy for short term profits, another for medium term and long term.
if you've made gains, move them into bluechip cryptos like eth or even btc. those are the 2 coins that will survive the crypto bear market.
i like this line, 'don't beat me up because i did something too risky for you'. not said enough.
30 day suspension might fly in this case
yep. tired of people complaining that their coins don’t “moon” and then complaining about new money entering the market. what the fuck do they think makes the price rise?! same with the people who complain about their coins not rising in price, then moaning when it does rise that they want a dip because they didn’t have time to buy enough. not sure exactly what goes through some people’s heads.
libertarians love libertarianism until they actually experience it.
>you had no problem wanting elton in the game when he was buying btc, but now that he calls it out for being bs for energy, you're all in tears. i know you're referring to most people, and i agree with this, but i just wanted to state for the record that i have always had a problem with him. 🤓
here's the problem with the reasoning of "people" vs the government controlling things. we are not starting from an even playing field. the means to amass financial power in a decentralized environment still will be concentrated in the hands of those with means, and the same old billionaires will win out and consolidate power and will create regulations (either formal or de facto) to ensure they stay in power. sure, a few regular folks might get some extra bucks out of it, but that is just a way for the system to legitimize itself by making it appear like anyone can win. we will still largely be subservient to the whims of bezos, and whatever government they put in place. so why the hell am i investing in this? well, we live in capitalist dystopia, so i need some money to survive. also, i'm hoping that more people in the crypto space can see the folly of the idealistic vision of decentralized currency (at least as implemented with our current system of accumulation) and start to actively organize against the billionaires.
how about you people deal with dear leader getting criticism for flip flipping on bitcoin in a matter of months when absolutely nothing has changed with the technology? are we supposed to believe he did not do his due diligence before investing? he even tweeted in agreement with jack dorsey not that long ago about how bitcoin incentivizes renewable energy. i'm sorry but his existence in the crypto space has not been a positive one.
it's clearly not decentralized though - elon has power that most people do not by virtue of his status as both a whale and a \*gag\* public figure. from my perspective, how is it any different if the fed is messing with the value of my currency or if elon is. if your definition of "decentralization" is just: "the rich are even more powerful with fewer checks and balances", that sounds like a terrible system (unless you think you'll be one of the 1%)
can you please elaborate on that?
i'm not sure where people got the idea that decentralization meant financial equality. if anything, it is the opposite, we're removing the government's ability to re-thistribute wealth and influence open markets.
also the idea that western governments, and particularly the us goverment, regulates because rich westerners have too much power is a bit silly.
stocks are speculative investments, which ia what crypto has now turned into, rather than a currency.
except now it is dogecoin houses.
we underestimated the collective stupidity of the masses
agree. i got into crypto around march and frequently get fomo about being too late to the party. then i look at reality and i’m sad that maybe i’m too early. like i remember the 90s .com bubble and i’m starting to wonder how many askjeeves or excites i’m holding the bag on with some altcoins.
i think you missed the point of the post. people will spend their money how they want. all you have to do is not be a sociopath and tell them how to make their mistakes. if they win, cool, lose? cool. their money.
libertarians are the one group with people who will rejoice when being harmed, as long as it is harm resulting from chaos. it's the most bizarre ideology.
wassa wassa wasssaaaaaaaaaaaaaaaa i bitconnneeecccccccccttttttttttt!
1. it has no fundamentals. 2. i created it in 5 minutes. 3. it has cum and doggy logo on it. 4. it's a charity coin. 5. it's a meme coin. 6. it has no value whatsoever. 7. i am fucking serious do not buy it. 8. anyway send me eth and i'll send you back cumdoggies.
yep im only afraid of "cry woolf" situation here everyrhing else is booming
>let idiots lose their life savings hey! its me!
elon can do whatever he wants. if the community does not like his proposed changes, they have no obligation to follow him. a year or two ago, justin sun got binance to help him do a hostile takeover of the steem blockchain. the steem community said "fuck you" and forked steem into hive, and deleted all of justin's coins on the new fork. that's how decentralization works. for more info about this, vitalik had a great interview on bankless recently talking about "legitimacy" and the role it plays in crypto and society at large.
this is what decentralisation without regulation looks like
alexa play rocket man
damn it not again, elton!!
was hodl intended or not? we might never find out...
he is a rocketman and rockets go only up. except for the other eltons, those do not.
damn it! not again elton!!
check how much money is locked in defi right now vs. the money locked in 2020. that's adoption right there.
fucking elton! damn it!
this is exactly the rational, reasonable comment we need. sometimes i wonder if half the people in here actually want to, you know, use crypto currency. doge looks like it might fit that bill. should people be skeptical, cautious, and challenge the motives of certain people getting involved? sure. but that doesnt make doge inherently flawed to be a useful exchange device.
darn it not again elton!
as soon as tether (and some of the exchanges like binance) collapses or is brought down. until then, they just keep printing more magic money.
its literally the 2017 bubble all over again. you can argue financial institutions this or that blah blah blah. but you're 100% right. do i see future utility in blockchain? yes. are we further along since 2017? yes. are we there yet, ummm probably not. are cryptocurrencies ready for mass adoption? absolutely not!
when you see your favorite technology futter unleashing capitalism, you know you win. sad but true.
okay. i do not know why you'd think ? why the fuck do you assume we have to be mad at you?
mass greed is not adoption, no one plans on using these coins.
you all wanted attention to boost imaginary value - well that is how attention to what needs to be a niche works.
oh yeah, usa gonna regulate my coins? no thanks world police. looking at sec, that regulation would also strengthen institutions and fuck everyone else. no. thanks.
and he is a part of the game. we can fight back but we cannot ban him. the people give him power. the people can take that a way if the people want to.
i'm approaching my late 50. so i'm weird?
because its a meme
the fuck are you talking about? i am defending newbies' right to do whatever they want in a decentralized market.
congratulations tho matic holders!
savage\_dragon gatekeeping the caves of complaining
your grandma does not invest into facebook or google. doesn't mean the internet mass adoption is already here.
i bought some for the hype play but its 1
you can despise elton. and you can fight elton mask with the pen instead of with the swords.
if you bothered to read what i wrote in instead of.writing.like.this then you'd see i'm saying this is "a tiny bit of mass adoption".
my . it’s just a bit of fun that’s all.
crypto is essentially the us dollar on the gold standard. tying to much of other currencies into something that is not centralized is inherently flawed, and was doomed to fail, or at least heavily mitigated.
i think it was cumtrain or cumboat or something like that.
proof or ban imo
any time is a good time for long term investing. the sooner the better actually. to get into crypto, i recommend making a coinbase account, then a coinbase pro account. both are free, and the pro account charges no fee for ach deposits, let us you place limit and market orders, and as far as i know has smaller fees than a basic coinbase account. coinbase has a section where you can earn free crypto for completing lessons on certain coins, and also tells you which coins pay apy interest, and which coins can be staked. when it comes to choosing which coins you want to invest in, do some research on what each coin is used for, scarcity, fees, market cap, etc. don't fall for any pump and dump schemes that look nice, do your research and invest in what you believe will grow in the long run. **the number one rule of investing is do not invest more than you can lose.** having to pull out because some crazy emergency happened is ok, pulling out because you invested your rent money and then finding out the price tanked is never ok. i'm new also. i just made my first big buy-in today, but i've been lurking and researching for a while while saving up
are you a fucking dumbass? i'm fighting for your right to buy doge without scrutiny. why the fuck do you need to be passive aggressive?
sorry, didn’t mean to trigger you 🤯
here comes the btc troll
binance us is not even remotely the biggest platform.
and you not able to read a few sentences represents the peak of human degeneracy. i wrote 'a tiny bit of mass adoption'. you alone must represent 70% of all the idiocy that spawns in the comment section.
“and i would have like to hodl, but i sold instead”
omg i support the content of the post but elton mask stole the show
the rhyme scheme in this poem is on crack
found the german paid study
network fees got me
elton musk (aka manipulative shitcoinfather) is such a sweet singer. i hope he leaves crypto market alone and focus more on his new album.
half?? you are too kind!
everyone on this reddit post should be rich by the time mass adoption happens if your holding
i’d say 100% don’t understand it 100%.
does that mean... we are the 2%??
2% of the world is invested in crypto. the amount that actually *use* it is orders of magnitude less.
the us cannot be the world. as a canadian we're taught that toronto is the center of the universe. can't have centers that close to each other can we?
hmm i’d say 90% of 2% don’t understand, me included
> and probably less than half of those understand how it works and what it is about. this is not a prerequisite of mass adoption. in fact, it is the opposite. any tech going for mass adoption needs to be so simple to use that you do not need to have the faintest clue about the inner workings to actually use it.
mom, dad- follow this link, set up your coinbase account, buy some crypto and we both get free coins! "ok , how about when you come over, you set up all your crypto crap for me and you take care of it". i wonder how many other "new wallets" out there are in similar situations. ' ![gif](giphy9gie4bg4ev7uyfep5b)
if you gave the average crypto holder a pen and paper and said “explain blockchain” i would be thoroughly shocked if more than 1% could. a lot of the adoption currently is a get-rich-quick gambling mentality. it will be some time before actual adoption and understanding of the basics happens. even then, crypto is complex and people are lazy. it’s like why your average person doesn’t invest in options: too much jargon, overwhelming amounts of information up front, high perceived risk, etc... mass adoption will have to occur when the generations that grew up around crypto become the largest population group. there is zero chance for adoption with our grandparents, or even most of our parents, who can barely get around a computer past sending emails and checking social media.
i have an important question - when you say 2% off the world’s population uses crypto, are you referring to 2% of the people? because i think it might be more accurate to look at what percentage of the existing funds in the world are circulating in crypto (like what if 2% of the population has 80% of the wealth- it paints a thistorted picture). by the way i’m definitely clueless about this, am sincerely curious (this might not actually have any meaning)
so true. i have no idea what the fuck most of any of this shit does. i just know it’s not going to reverse split, be throttled by corruption, or be manhandled by the feds(yet). most of these coins are silly and useless. some of them are priceless. i just listen to the banter, the fomo, the trepidation. i see that the nse and dow jones are breaking down. the old guard is dying and some day this will be an institution just like the rest. for now it’s a place where people cast their lots and move money without much regulation. it’s a libertarians dream. i’m also learning that it’s probably the best place to have a high interest savings account too. some day i’ll have my monthly check deposited into a crypto account like it’s my bank. but nevertheless it will all one day be corrupted like everything else. no doubt about that. there’s nothing new under the son.
yeah. so my wife asked me how bitcoin even works, and the best i could do was tell her that computers do this computery-stuff to verify transactions and compute complex algorithms that take a lot of computer power. and that is how we track who owns what bitcoins, record when they move around, and pay people who do this mining thing to maintain the network that does all this. so then she asks me why this is worth money, and i tell her that it is not worth anything and the whole crypto market is people just speculating and agreeing this stuff is probably worth something, at least for the idea. but when you get down to it, your "real money" is also just points of light in some bank's server somewhere and is also completely made up and only worth anything because we all agree it is.
what other parts of the population are 2% or less and how much play do they get?
half understand it? given the basics are very simple, but i'll settle for when people can hold their fomo back enough to spell ethereum correctly.
i would consider worldwide adoption when it reaches closer to 15% but that is still years away. i would like to say 2-4 years just for 15%
yeah, i do not think this is mass adoption. but i also do not think half of the people adopting crypto need to understand how it works. most people do not need to understand how fiat money works in order to spend them. crypto projects need to be much more friendly for newcomers for mass adoption to come.
? i've only recently decided that i want to invest...but before i do, i want to know what i am getting into. finding the information that would best suit that need has been the challenge for me.
correct, but half is a bit too much. i would say 10%
that's 100% up from the 1% everyone was saying just a few months ago. that's a very quick rate of increase.
and most of them are from 3rd world countries where crypto revolution is needed the most,
2% of the world is 150 million people. obviously still tons of room for growth, but if that’s not a mass, i don’t know what is. my mom and grandma both ask my about my crypto investments now that they’ve seen it in the news as a serious thing. that should tell you something.
20% of americans own and use crypto.
and wait till more than a billion people get shackled with stricter restrictions due to indian government banning crypto in coming months.
what is defined as a user of crypto in your mind?
half? i for sure as fuck do not know how it works, but got into btc & eth because it is better than . additionally, if anyone has any links they would like send me to help me better understand crypto, i'd appreciate it. my efforts to "get it" so far left me more confused and with more questions.
how did you estimate the number of 2%? i assume you took the number of ethereum addresses.
no one needs to know how it works if there are applications they can use. wifi is ubiquitous, but most folks cannot espouse on ofdm modulation, mu-mimo, or explicit beamforming.
give me your sales pitch. why is cryptocurrency so much better than my visa card and my bank account?
lol hell most people don’t understand how legal tender works
wow! i must be stuck in a reddit bubble! i need to buy more crypto before the other 98% find out about it!!!
why is it important to know how it works? line goes up, its pretty simple right? but in all sincerity it looks like the lines will stair step up for a while and eventually pop and dip back down (go on sale)
how do you came up with 2%?
can you explain to me how the internet works, without googling pls?
to "use" a currency, i'd say you have to buy something with it, not just invest in it. what are people "using" crypto to buy? nothing. no one is using crypto except drug dealers and buyers on the dark web and that is a god damn far cry from 2% of people.
i would rethink that. my site has 200 people. i can confidently say i know for a fact 8 people buy and sell now because of doge coin. that’s the ones i talk to. the rest i don’t talk too and i’m sure there is more. if my jobsite has 8 people for sure who do it and countless more. more than 2% of the world uses it. and it’s thanks to doge and robinhood.
most crypto fails to account for "emergent" centralization: winners can become powerful even in the absence of a central authority granting them power. the result is still the same: a heavy tailed thistribution of mostly plebes whose economic reality is controlled by a small percentage of insanely wealthy people.
regulations will make it harder for the small guy to fuck around but will leave a few loopholes open that only the wealthy can hop through and continue fucking around.
fuck that. our ecosystem is both ugly and beautiful, and i wouldn't want it any other way. some will learn some hard lessons, but the information is out there to educate yourself before you get burned. government ineptness is what created this space in the first place. you really want them trying to "fix" crypto? fuck that.
regulation *is* bad. you want to regulate the crypto space just like the banking space because people are buying memecoins instead of muh fundamentals?
my hope regulations will lead to a massive purge of shitcoins, and strengthen the overall market
stop calling for it. regulation is bad for us. you think the penny stock is not rife with scams and shit? all you get from regulation is a false sense of security. where were you when elon pumped the whole crypto market back in feb? it works both ways.
what, you mean people throwing their savings into shit without doing a cursory 5 minute google search to realize they’re basically gambling? those people would have lost their shit to some other scam artist eventually, no need to regulate stupidity.
the entire reason i love crypto and got into it is because of the very fact it "cannot be regulated" do not let crypto be ruined by regulations, it is the only freedom we have left
you deserve being taxed into oblivion. you'll put an entire industry (centralized crypto exchanges in the us) out of business. the entire point of cryptocurrency is to rebel against the oppressive banking and government elites, financially liberating the common man. don't give an inch to regulators because they will make a bunch of criminals out of everyone. that means more people in jail for nonviolent and victimless crimes, like possession of drugs. you'll also put an entire industry (centralized crypto exchanges in the us) out of business. calling for regulations makes you the enemy of crypto. you deserve being taxed into oblivion.
if you want regulation go invest in the stock market. the government is not your friend. personal responsibility is key. and it is not like market manipulation does not exist in regulated markets such as the stock market anyways.
i agree, also bad regulation is bad lol the answer is somewhere in the middle. but we have to come to grips with the fact that even with regulation there will always be ways to manipulate the market. the us stock market is manipulated constantly idk why this hasnt hit everyone
no doubt, it’s at the point where scams are like cracks in the pavement at the moment... fucking everywhere
people gets screwed over in crypto world all of the time. some regulation is need if crypto wants to grow.
the fact is regulation is pretty slow, the industry space moves faster than those who are trying to regulate it.
ah. i still remember back when bitcoin was new. the words back then is that regulations and crypto will not mix well. come 2021, and people are afraid of getting regulated. how time changes.
maybe go buy stocks then.
those are just the ppl who will complain about anything and everything.
if you really are *gesturing everywhere* then you’ll see where regulation hasn’t worked perfectly. considering the beauty of decentralized protocol, we’ll see some jurisdictions rush to regulate because they fear something they can’t control—a free market. consider the requirement to own a license to operate a crypto exchange in the us... that regulation came about by a power-manipulating politician who eventually left politics to capitalize on selling licenses to crypto exchanges. total thievery and scumbaggery over time, regardless of a jurisdiction’s attempts to regulate and squash free market, other jurisdictions will have less regulations where market growth and revenue will be redirected to those less-stringent jurisdictions. beyond that, regulations have encouraged exclusivity in industries and tighten control of existing conglomerates while continually crushing new market competition. people need to be better educated on the do and don’t of crypto... the point of cryptocurrency is so we don’t have to rely on a central authority to operate successfully. coins that don’t have fundamentals simply won’t survive long term, per the free market. that’s why it’s important to educate newcomers where their money will be better spent *because we know what happened last bull run*
once regulation happens i’m out. that’s the reason i’m in it; no regulation.
regulation makes it so much harder for the little guy to succeed. money talks and the rich get richer, regulation is just another way for the rich to manipulate the system.
have you ... looked at the stock market? or healthcare system? u.s. regulation is the downfall of anything good. u.s. government constantly setups systems to keep poor people poor and allow them and their buddies to stay rich via loopholes.
everyone hates regulations until a billionaire attempts a pump and dump or an exchange owner exit scams.
good crypto regulates itself
to truly not believe in regulation means you're ok with something you do not believe in thriving. everyone here likes to say they do not like regulation but push comes to shove they are all talk.
yeah god forbid we get a defined tax framework, regulatory framework, and an easy path to fdic, sipc, and other insurance on our 6% apr accounts. thats really gonna hurt the adoption of crypto. its not like that is exactly what most traditional investors are waiting on.
because a lot of people here are libertarians and conservatives, and wish for (all of) crypto to fit in with their political ideology.
people who think regulation are bad never read history, or know anything about regulation. the majority of regulations are written in blood. every economy recession and market crash resulted in regulation so that such event wouldn't happen again.
i read a quote that crypto currency is re-pathing the way to the modern banking system
that's because 99% of this sub does not understand what regulations actually do for real currencies to keep them stable, usable, and functional. right now crypto coins are not currency, they are investment products that can sometimes be directly traded for things at select places. in order for any of these things to behave like anything other than really volatile gold they need to have relatively stable value and not have massive transaction fees, and right now neither of those things is looking likely.
regulation is still bad.
how is one person having power inconsistent with mass adoption? we have "mass adoption" of fiat currency, but the supply and access is still controlled by a small group of powerful people. you can have mass adoption and extreme hierarchy.
>exit position that bad huh? you think shits gonna go to 0?
how long were you even in the space?
i do not think people should downvote that kind of opinion. don't upvote it if you do not agree, but accept that some people do not think like you.
maybe facebook knows you are into crypto and so it shows you a bunch of crypto related posts and advertisements, making it seem like more people are into crypto than actually are. spoiler: not a maybe.
look at any market index over the past decade and you will see the volatility is no where near that of doge. furthermore, while we are talking about potential world currency, if you were to take a look at gold, you will see it has nearly 1, has historical value (dating back thousands of years), and is easily accessable to the masses. once i start seeing kings, queens, and foreign governments trading in their gold reserves for doge (lol), then i'll have much more confidence in it ever being a stable world currency. until then, you are kidding yourself if you do not think elon musk is the driving force behind the volatile prices currently facing doge.
i think that is a big sign that we are not anywhere close to mass adoption. if one tweet can derail a market it is still held by too few people.
i completely agree with this argument, however it’s also fair to say a bunch of powerful people move stock with just a tweet also, cohen, musk, gates, bezos and so forth
well when the guy your teenagers think is cool has one of the most successful companies in the world and a ton of money invested in the currency then it’s not that surprising, it’s not like he crashed the whole market, eth is already back up to where it was before the tweet, just don’t invest in garbage coins and you won’t be affected.
there are stable coins out there that can be used for daily transactions. bitcoin is closer to gold than it is to the dollar. crypto is indeed the future, but it’s not just for the financial sector, it will thisrupt a lot more than that.
**you don’t**. there are cryptos called stablecoins that remain stable because they are backed by something like the dollar (or debt but we won’t go into that). now why would you want to use a stablecoin over money in your bank account? a couple of reasons: first, you can safely and easily transfer money with no third party(that would charge fees). this means an international payment that might cost you . there’s also no need for a bank(which will also charge fees). second, banks will likely adopt stablecoins for their own settlement purposes. this means if you transfer money from one bank to another your user experience will not change but on the back end your bank will be sending stablecoins to the other bank. this simplifies their transfer process and makes it much cheaper (banks love saving money). of course there’s a couple of arguments against this like less protections from fraud but there’s also a lot of benefits and people who are confident in their personal security(protecting their crypto account from hacks) should consider opting to use stablecoins to avoid paying the middleman. not to mention you can get much larger returns on interest from stablecoins atm (10-20% even). my second point is really where mass adoption will come from, especially in the western world. most people aren’t technical enough to maintain their own crypto but will gladly use a bank to maintain it. however, in a completely crypto world people will still have the option to send and use money without a bank if they want to, or if they can’t get a reliable bank account(like in a third world country). it’s a hybrid solution.
30%? where did you get that number from?
where did you get the percentage?
i feel comfertable with 30% in regard to judging this matter of the cycle! cheers! i still have faith that we would not do a 2013 and 2017 again. but seeing the doge-like activities i do not think we will avoid a huge correction somewhen by the end of the year... well, we'll see.
everything crashes eventually. even the housing market crashes, and that is essentially the american dream right there. will still be a lot of money to be made for cc for all of us.
30% sounds good to me.
we've got memecoins with no actual advantageous usecases sitting on multiple billions in valuation, as well pump and dump coins, vapoware projects, etc. all sitting in the top 100. i feel that the space has a bright future, but i'm definitely placing my bets on another big bust.
i think that the more the market matures the more it will stabilise. we have had three halving so the chances of the market dropping 90% is vastly reduced. the problem is that people will hold some of their crypto for the next cycle because they believe that they will increase they gains and don’t want to miss out.
i fully expect it to and it will be glorious. lots of ppl and corps are not ready for a 70-80% correction but it is happened so many times already that i find it hard to believe it is suddenly never going to happen again
it better crash again otherwise i'm never going to make any real money doing this.
i also choose this guy’s dead altcoins.
made me laugh, here’s a (small) award :-)
cryptardo, you’re killing it this morning!
reality is a bitch
yep, got some in eth already. i've had a biweekly deposit into savings for some time. you know, put aside enough for 6 months of expenses? i think i'll do something similar with crypto and take advantage of dca'ing my way to a nicer portfolio.
yeah i moved my doge at peak into cardano and hit most of the peak there. ada.
>learn your fucking lesson, not beg janet yellen to "regulate me please" i agree, but i'm going to vent reality is that so many people, are just so fucking stupid, that they will get manipulated into wanting this eventually it's a matter of when, not if
this is it! elton is not the problem, bad as he is. the issue, the real issue, are the twitter buyers (and sellers). this is a case in which the manipulated, rather than the manipulator, are the problem.
this really hits home i only started getting into cryptos and thistributed ledger stuff a few weeks ago. this was my first real scare and it is really reassuring seeing the way it has recovered. i know that would not always be the case but it felt rewarding after managing to keep calm and buying a little bit of the dip on a few coins that is worked out well for me today.
your plea is as idealistic as the people who think crypto should be "liberating the people from the elite". sounds good, id sign up for it, but its never going to happen.
100 days dungeon, no trial
coin goes up - everyone who bought it is happy, those that did not bitch about it. coin goes down - everyone who sold before it dumped is happy, bag holders bitch about it. what do you see on reddit? people bitching about it whatever happens. the happy ones are busy working out the most efficient way to convert cummydumptruck coin into a new pick up, they do not need to bitch on reddit.
😂😂😂 he's alright. like all of us. he's got his strengths and he is got his flaws.
who tf is “elon” lmao 😂
he's just showing you how bullshit the stock and crypto market actually when it comes to influence. that's life dawg. you can either hate it for the way it is and wish it was different. or you can accept that is the way it is and try to fund some sort of work around or solution
lmao, what you've just now realized pretty much any system has its flaws and can be gamed by a group of bad actors? we're all gaming the system. elons doing it. i'm doing it. you're doing it. everyone is. the only difference is some have more power than others. you want to change that? then btv itself needs to adapt to overcome the flaws elon has mentioned. instead of putting their head in the sand the btc community needs to accept the hard truth and force changes. then elon loses the power to control the market. but that involves accepting what's happening in the first place and then forcing through positive change. if every cryptonoob just cries about it and does not tell the miners and validators and ceos of coins etcnto change... then no change will happen. i'm not being hard on you personally. just saying tough words for everyone to read and comprehend.
well you see, it is hindsight, and it is 2020.
they've done a great job of that.
i assume the government could still rethistribute wealth via taxes. they () just couldn’t print money, and nobody could shut down markets
because the govt has totally stepped in to "protect" the little guy on the stock market... 🙃 2008... gme jan gamma... yes, regulations have helped people so much
yeah that is what i do not get, everyone on here wants to claim that crypto is the future of currency but instead of comparing it to currency they always end up comparing it to stocks. then in the real world i do not know one person who bought crypto because they want to use it as currency, they all bought because they want to get rich guickly. i wish everyone here would just be that honest.
ah yes, the singer. gotcha!
patiently waiting for cumrocket lambos
i'll take 12 cumdoggy please
ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [elton john - rocket man (off]( ─────────⚪───── ◄◄⠀[▶]( 3:08 :43 ⠀ ───○ 🔊 ᴴᴰ ⚙️
exactly. doge with its ridiculous sounding supply numbers and continuous steady coin creation makes so much more sense as a fiat competition.
i'm glad some people really see it for what it is at the moment.
fine then. continue to invest in unregulated markets where a simple tweet can mean that you lose thousands in investments or that the money you're trying to use is now worth only a quarter of what it used to a day before. fuck that. there needs to be some basic regulation.
holy shit, a city of 14,000 in north dakota accepts crypto as payment. you sure showed me, crypto is super useful as a currency.
it's already happening! the rule that public figures and vips have is: not water down your brand ranging from elvis to the beatles to led zeppelin to michael jackson...everybody who is worth something diligently followed this golden rule musk has come to a point where he is so thirsty for attention that he would tweet when he takes a dump. people smell this needy behavior and as the aura of mystique suddenly pops all you have left is a socially akward dude.
why does that matter tho? it seems like it started as a meme but seems to have become alot more than that now
not you just saying the majority of posts i see on here bash newbies lmao, just thinking out loud
go home elton! you're drunk!
bro chill, doge coin will dip again. you will have another opportunity to buy. with the wide spread adoption of doge and institutional investors jumping into doge and out of btc this is just the beginning. no need to be too salty. you must be a new investor. don’t let your emotions get the better of you.
"and the green candle is back again, before i bought back in"
goodbye! to yellow bit road...
“the red candles burned out long before the hodlers ever sold”
you'll regret it. this time next week.
"i'm still hodling after all this time stacking up the satoshis in my wallet do not pay tesla no mind i'm still hodling yeah yeah yeah." -elton mask
"mars am not the kind of place to raise your kids"
yeah, not my best work. sorry man 😅
he could release it as nft
honestly 95% of this sub cannot describe what a hash is. and these are people so into crypto they thiscuss it with strangers on an internet forum edit: i’m not saying people need to know how the technology works in order for mass adoption. just saying that the statement “only half the people that own cryptocurrency understand how it works” is *wildly* over estimated
i'm only into it because it makes me feel like an old-timey spy.
i’ve seen this around here a few times but if you’ve got the time and attention this is well worth it. bonus points if you watch it on brave and earn some bat ;)
because i wrote about [this]( not to long ago
oh yeah, good point often forgotten about. there should be some way to incentivice decentralization in the principle. randomx comes to mind.
>no. this is a decentralized market. you people need to stop calling for regulation when it does not favour you. jeesus. we are in crypto because it is differen't. no governing body has a say on what it should or should not be. please spread this. people here calls for regulation when it does not favour them. absolute hypocrites and ignorance. when in reality regualtion would not do jack shit. we're here because crypto is different. it's a decentralized market. no one can say jack shit what we should or should not do.
perfectly balanced. as all things should be.
yup regulations are never a good thing for average joes
regulations force the wealthy to find and exploit small and difficult loopholes rather than doing it openly on a massive scale. they are not perfect but they are a hell of a lot better than nothing.
as opposed to no loopholes at all any those very rich people can more brazenly manipulate the market? it seems pretty obvious that a lack of regulation means the wealthy are free to manipulate prices. you can argue that some forms of regulation can’t fix it but in theory yes, it can. but as things stand “loopholes will let the rich manipulate the market” isn’t much of a defense for a lack of regulation when they are already doing it
yknow, sometimes i get frustrated with how coddled we are here in modernity. this is the kind of sentence that can only be written by a person who does not even think about thismembered fingers in their sausage. you are blessed by the full powers of the us government that allow you to eat safe food and drink safe water without even spending one second of your day worrying about it. history repeats itself. the regulations on the us dollar financial market will eventually become necessary on the bitcoin financial market. it is just a matter of time.
the only regulations most crypto folks care about are taxes. that's all. pay your damn taxes and spend your gains!
funny how when government is "there to help" it always turns to shit, am i right?
consider the situation in countries were people democratically elect social democratic welfare states., eg most of europe. if you let people trade everything at every amount without having to pay tax and be limited by regulation in risk-taking, the welfare state basically turns into a guaranteed bailout for everyone. peak moral hazard, why not gamble for that 100x growth chance knowing that the society will step in to cap your potential loss? the problem with legacy finance is that large actors know that they get exactly this treatment. the problem here is not too much regulation in general, but wrong regulation and hence the lack of effectiveness of it.
shitcoins are purged in crypto winter. that's when you know a coin has staying power; when it survives a long, cold period of starvation.
>massive purge of shitcoins _clutches my moons_ stay back, seductress🔪!
no not my shitcoins please i like gambling
that's not how it works, really. who's to decide what is a shitcoin and what's not? decentralization means everyone gets to decide for themselves. i love to compare crypto markets to drug markets. sure there is a lot of regulation and no end of government busy bodies telling people what and how they can alter their consciousness via drugs but the markets keep on trucking in the shadows and if someone decides he wants "a hard illegal drug" that is on the market instead of a regulated pharmaceutical, nobody can really stop him. it's been like that for forever and nothing can a stop it. heck, if government cannot stop drugs in prisons, how can they expect to stop them on the streets?
yup, may i introduce you to the e-rmb- future of china’s digital currency
no. this is a decentralized market. you people need to stop calling for regulation when it does not favour you. jeesus. we are in crypto because it is differen't. no governing body has a say on what it should or should not be.
> strengthen the overall market that's what always happens when governments regulates markets, especially financial.
i get trying to regulate out scamcoins . maybe this is what you're thinking of specifically. but i feel like the existence of shitcoins in general is a good thing. how cool is it that anyone could create some token and put a stupid name on it?
my hope is that with regulations and respect people will see that crypto is more transparent and fair than the current cartel
my doge will die. don’t put down my doge!
i’m newish to the crypto scene and am genuinely curious what you believe are the shitcoins. looking through coinbase there are so many. some are up, some are down, some are sideways. how does one go about sorting the trash from the treasure?
funny how the people for decentralization are for regulations that will kill of their competitors. what happened to the free market? are yall really that scared about the memecoins taking your profits? pussies
can we regulate by purging billionaires?
you realize that the people who started the war on drugs were the people *against* financial regulation?
i agree the people saying they want regulation should leave and invest into anything else, because everything else is regulated
thus it’s our collective obligation, if we believe in a decentralized monetary system, to inform newcomers of scams and red flags. to say we shouldn’t tell people how to spend their money is true, but shouldn’t also encompass us not educating them where their money may be best spend long-term if you thisagree with me, i’d like to understand why we shouldn’t educate people? if we educate, we would eliminate a need to regulate
people get screwed all the time in public companies that provide no service or real revenue. look at hindenburg reports for companies that capitalize on idiocy... it’s impossible to avoid and regulating will always lead to exclusivity that has advantages for existing companies and thisadvantages for new competition. the playing ground wouldn’t be fair nor even the point of decentralized protocol is so we don’t need a meddling central authority to intervene regulation is a can of worms that is at times more subjective than objective. where does one draw the line? i don’t think anyone is perfect enough to decide where to stop regulations
because if push comes to serve, one would rather at least work towards a regulation that isn’t over bearing. considering we’re pushing for free market and a decentralized money without the need of a central government to meddle in it... i find it antithetical to call for regulations. you give an inch, they take a mile. where do you draw a line for regulating? it often times becomes subjective rather than objective, and makes the playing ground uneven for new market competition
the regulation to require us crypto exchanges operate under a purchasable license was pushed for and enacted by a politician who subsequently resigned from politics to later capitalize on the new regulation by starting a firm which... sells and handles legal needs for obtaining crypto licenses. i think asking for regulations is begging for the same failures of the current system. the free market will eliminate failed coins more efficiently and ruthlessly than any government could do. the government would be months behind on making a decision than a mass collection of people could make in days i think educating newcomers is paramount and more essential than any regulation could hope to bring
i’d say building codes don’t really cross over to commodity regulations. one is intended for construction besides, can you believe it that it wasn’t the government that originally created building codes? all done by private entities that eventually got adopted by government jurisdictions because private entities were able to better adapt to the ever changing construction industry
i think it could be. i started to invest a couple of months ago when the prices were already high. i'll invest in something i strongly believe in... as etf or companies. cryptos are not my thing... too much gambling.
i do not know why you ask that... i started to research cryptos a couple of months ago and i really do not believe in it... i'm a computer scientist (dunno much about economy) and i strongly believe in the tech of some projects. what i do not believe anymore is that the prices will increase... there is too much manipulation here and i think companies will use something more stable.
donald trump literally pumped or dumped the stock market via single tweets. elon has previously affected stock prices with single tweets. this type of manipulation, is not unique to an immature market. not that i thisagree crypto hasn’t seen true mass adoption yet, but it’s important to realize this type of bullshit will continue even when mass adoption has occurred.
more like held by too many idiots (referring to tiktok kids)
but those are just stocks, not currencies. no one tweet can make cause a huge change in the value of the american dollar.
out of thin air
from trust me bro.
dude, it is science.
it's more like 29,84%,but whatever.
leeroy jenkins school of finance
like all predictions on r, from my own ass.
would the housing market have crashed so hard if housing costs did not increase thisproportionately to wages?
there is something to be said for the coins that use little power, environmentalists will force this issue eventually
nobody is trying to ban elon. we're just pointing out that he sucks. deal with it or get off the internet.
or you can try and build a system that improves the situation. 100 years ago, would you be saying: "infant mortality is just part of the way it is, you can either hate it for the way it is an which it was different..." we decided: this is a bad aspect of life and we are going to use our knowledge and creativity to find ways to fix it (and we did - medical science is damn near miraculous). why should not we try to do that with economics?
i thisagree with that - it is a problem. imagine a world post-adoption, where people's ability to feed and shelter their children is a function of the value of their crypto at any given time. in that circumstance, whales could act as de-facto dictators, or financial regulators, simply by virtue of the fact that their wealth gives them power. is that power imbalance okay just because it is not "government?" from my perspective, it does not matter who is manipulating the value of my currency. whether it is the govt. or elon, the change in my ability to feed myself and my family is the same. if the price of bread suddenly doubles, does it matter if it is because the fed is printing money, or if a whale dumped their stash? no, of course not. i'm going hungry either way. decentralization, historically, has been about minimizing the ability of others to exert power of you. not just governments, anyone. people should not have power over other people. especially not just because they are rich.
2021 now bro. we do not talk about 2020.
oh. 20. as in vision... not the year.
what do you mean? the rich are richer than ever, they hit the target and then some!
and do you know why the government screwed us? because people listen to rich people when deciding who to vote for and then we somehow get laws rhat benefit rich people. its crazy and i do not see the connection
i’ve got half of that down. now all i need is lambo
mb crypto isnt for you
i’ve already taken out a little bit of profit so just gonna let it run. who knows when it’s gonna stop.
lol new investor? you're a funny guy.
thanks for letting me know! i would hate for the op to miss my apology 🙌🏽
the moonshot ended long before the legend ever did...
"in fact it is cold as hell, and this is why we must send hundreds of starships ahead of time so there will be warm habitats awaiting them when they arrive... rocketmaaaaaaan!" not 100% sure on those lyrics but that is how i sing it
it’s all good man i’m a dick don’t listen to me
but what is a hash?
there really are certain things that are unnecessary to know in mass adoption. people that learn are more setting themselves up for jobs in the space. they might be getting an edge, but it’s really not much and doesn’t matter at all if someone comes in with a stack bigger than someone who is completely knowledgeable of crypto. you can invest, play around with, and even make a lot of money off crypto without ever knowing or needing to know what’s under the hood. we need to get there. nobody should have to know what’s going on under the hood. mass adoption is getting people to trust that without fully understanding it.
yummy, crispy potatoes! duh!
maybe. but who knows what makes money worth? not alot. boomers so stupid they still think its oil and or gold.
thing is, it may be more important to know what a thing does, than what it is. green lumber problem. guy went broke when he yolo'd his life savings into a business where he knew 100% about the product and the process: the business of green lumber. that guy could describe in great detail the ins and outs of curing wood, cutting wood and transporting wood. when he lost everything, he wrote a book about how he went bankrupt. another guy traded green lumber his entire life from the trading floor, and retired on millions (huge amount of money at the time). he did not even know what green lumber was. he thought it was fenceposts painted green.
well, i think there are the people who are into crypto purely for the financial investment aspect, who are never going to understand the tech, and those who are into the tech. and i think that is okay because if you only have people investing in it who understand the technology behind it, that is only ever going to be a certain portion of the population so mass adoption wouldn't really ever be a thing. it would stay an industry-specific niche thing. would it be much, much better for the health of the entire cryptocurrency "world" if everyone investing actually knew stuff about it? probably. is that ever gonna happen? nope.
i do not know the technicalities of gold mining but i still buy gold.
i got downvoted to hell pointing out that blockchain is not some magic formula that solves all the world's problems. i said you can build applications on top of it and then someone jumped in and said "ackshually it is dapps" well no shit partner but that is still an application. the blockchain itself is not fixing anything, it is what you can do with it.
99% of people dont know how the smartphone they use everyday works. whats your point?
most people don’t realize the significant of a hash. without it, we would just be eating browns for breakfast.
do you know how the paper pulp in fiat is made and does not knowing stop you from spending it?
when has hash played a role in the price of crypto? and if it does, it is on some minute, irrelevant number of people for their decision making about buying and selling this stuff.
so you’re just gonna call us out and not say what a hash is smh
discussing something on the internet does not mean you are *so into it* btw. half the game subs i'm in have people who have not played the game in years and still thiscuss it with strangers on reddit lol. people will literally thiscuss anything online.
yup. all i know is computers do magic shit and out pops coins that i buy and hold until i can sell them at a higher price.
correction: and these people are so into crypto that they ~~thiscuss~~ argue about it with strangers on an internet forum.
hash as in browns?
that’s fair, as i’ve been at this since 2014 and still don’t think i could explain what a hash is to another person. but, honestly, that’s not really crucial for most people either. certainly would be if i was mining, but we are a decade plus on from a time when the number of users as miners was meaningful. honestly, it’s important to understand some basic crypto stuff as an investor, but as a user??? a user doesn’t need to get caught up in most of that stuff. and, honestly, i want more *users* and fewer *investors...*
crypto? simple. 300 hodl = millionair simps
this is why i am worried it won’t get mass adoption! because it is so complex! hackers are out there just waiting for you to open the zipper to your wallet and take it all! i think many people want to understand what they are buying or investing in at lease the boomer and their parents anyway. that leaves the younger generations. i keep telling my husband it is a language we just won’t ever understand. this new generation has grown up with computers, they can wrap their brain around it much easier. us old folks still live in the old school thought process of the physical banking world we can’t think out of the box. hell i still know people hoarding their fiat dollars under their mattress because they are afraid... i keep trying to educate them and tell them the american dollar is a fiat currency with no value. the government is going to transition to digital currency and that cash that they are hoarding could possibly be worthless if they don’t start planning properly for the future. but then again what the hell do i know 🤷‍♀️
seems that iv been spending lot if dollars without giving two shits about how watermarks are made on them.
the technical side is kinda a different world from the market speculation and currency trading side though is not it? and maybe people join the thiscussion with internet strangers hoping to get an understanding
i can’t even explain how the stock market works and they use dollars over there.
this is a removed post?
ada does this with its staking, thiscourages few large pools with decreased rates of return per staker if pool sizes are too big, and encourages more small pools. it's a small piece but it is something.
i thisagree, human societies do not function in an anarchistic fashion. what crypto will do (is starting to do) is taking regulations from law and moving them to code that is known to all and auditable because it is open source code with a public ledger. governance implemented as code that is unbiased (or the bias is known because it is publicly auditable) is going to be just as important as the currency aspect of crypto. virtual communities have formed around tokens, and those communities want to self govern. you could long term see a deemphasis on traditional governments and move towards virtual decentralized ones as the monetary system transitions to more blockchain based and the importance of physical goods decreases
the beat way of “regulating” is by making “regulations” a fundamental part of the infrastructure. the best kind of regulations are ones that truly keep the field level for everyone, enforce them by default upfront, rather than playing catch-up later. we all get a say by choosing to participate or not.
nah man, they are the ones who fund the politicians who pass the regulations. if you truly believe in regulations then why are you even in crypto? do you realize that the goal of crypto is to make things like governmental regulations impossible?
no way. crypto without regulation has balanced itself. good actors exist because it is in their financial interest to behave well in this space. cheaters get found out and slowly the market moves to a better place. regulation means none of that happens naturally and instead of relying on our own good judgement, we rely on a governing body. it's why the general population is fairly self-insufficient. they've never had to think for themselves. crypto can cure the planet of this if we let it. regulation can go to hell. stupid people need to step up and learn to regulate their own decisions.
lol. what's next, you're going to beg the government for a license to make toast in your own damn toaster? a license to drive your own car?
lol cayman islands just put your money in british overseas territories because they are basically beyond all us
problem is you’re stepping into political territory and a lot of this sub is libertarian(and stay within) their ideology.
if the systems and regulations worked so well we woudlnt have had the need to create and support crypto in the first place.
do these places not have any other forms of gambling? what’s different?
i should add, most of the “coins” i consider shitcoins are actually not even coins... but rather tokens. shib definitely comes to mind...
there is a lot of coins that should be dead but somehow survived the winter looking at xvg, etc, wtc and many other useless 2017 icos. still nowhere near ath but far from dead
um actually maybe government and drugs in prisons have something to do with each other
that's 100% right. i'm all for all illicit drugs to be sold at walgreens. pot, molly , heroin, fentanyl, etc. it's up to me to put what i want in my body. please tell the govt that they do not get a say in what they do with my body. my body my choice.
that is real mass adaoption
there is a difference between a shitcoin (e.g. ) and a meme-coin (e.g. ) in my book. i’m mostly not even referring to real coins as shitcoins... the shittiest shit are tokens (erc20, bsc, etc.).
i mean, i wouldn’t wish taxes even on my worst enemy... but providing zero additional support to your original statement in response to this guy just invalidates your original statement
authorities are intervening and the more people gets screwed, the more they want to intervene. this is especially true for companies within their jurisdictions, not because they care about people, but because they care about a bad reputation affecting their monies. they also like control and to be seen as strong. authorities do not like crypto.
then use a decentralized exchange, the centralized ones need consumer protection.
whether it will be successful or not, if you do not believe in it this is the way to go, because it would only lead to bad trading decisions. good job!
i asked because i was curious. i wondered if you've been in a long time and lost confidence or if you were new and lost confidence. the market volatility is being caused by big business right now and they are geared to take advantage of it. i would recommend learning a bit about economy and finance for your own good. good luck with your endeavors in life, i hope that you do not end up regretting exiting the crypto space.
as someone who knows nothing about crypto and little about investing, i’m genuinely curious about how manipulating a stock price is the same as manipulating a currency (with a tweet of course as opposed to monetary policy). is the goal of mass adoption for crypto to be like the dollar or yen or euro or be more like a stock? they seem different fundamentally to me. or is mass adoption referring to something different altogether? i’m curious how all this works maybe this is the wrong setting to ask this question haha
yeah, but when billionaires, it does not cause the . fluctuation and market manipulation is common place in a *market.* not in a currency. if a currency is fluctuating that quickly, then you have an inflation crisis on your hands.
lots of cryptos aren’t really currencies as well and are closer to stock. but comparing to stock they are much easier to trade and exchange so they can be used as currencies even though it might not be their main feature so to say.
60% of all statistics are made up, and only 15% of people know this.
exactly. please everyone listen to rocketmoonshot.
of the rocket variety
i mean, at the very least, it is math.
that's actually fair lol
atleast op was honest.
you said it with such confidence 😭
may i use your psychic ass?
any chance you want to change it to 20%?
or if the predatory lenders did not "artificially" boost demand by approving anybody with a pulse for a mortgage
meanwhile elon is trying to go green with a fork of a fork proof of work crypto...
that's what i said in the last line. don't fight reality. adapt and try to improvise by improving it or finding a work around
we are, it is you who is not adapting and improving, instead you want everyone else to fix it for you. it you that going to use your knowledge and creativity to fix your life. i read on sub everyday people getting out debt, buy a house, and financially secure for the future. and they did that through crypto and by own knowledge.
i do agree with you that the transition is messy, and the 1% can be dangerous in that. but once a new currency is fully accepted that would not be an issue
you are completely incorrect in your scenario. in a world where a particular crypto is the mass-adopted way to do transactions, then "that coin"="that coin". you inadvertently converted your currency back to something else. when whales convert their dollars into some other form of currency or some other store of value do people's dollar crash in value? no, because the dollar has an accepted value and common goods have an exchange ratio to that. you're talking about everyday people being dependant on the "value" of their crypto. if they have x coins, they will always have x coins. if the world uses these coins, bread will always cost y coins, not the coin-usd ratio... please do not confuse cryptocurrency and decentralization with their respective exchange rates to the dollar.
we're doing a reboot of 2020, the first time around was kind of a flop
2020 might as well not have happened. shit flew by in an instant, while i did fuck all but mine fiat and was bored out of my mind, which is the weird part.
remember the crypto crash of 2017 and how people were turning to suicide because they lost their investments? these events have real consequences. maybe crypto is not for me, no.
it’s okay, we all had to start somewhere. if you need some tips let me know
you must be fun at parties
i just teared up a little. such a moving tribute.
wow this was poetic
a delicious part of any breakfast
you can take a very large number (think thousands of digits, magnitudes more than the number of atoms in the universe squared) and put it into a mathematical function that outputs a much, much smaller number. this smaller number is called a “hash”. what is cool is if you put that same big number into the function again and again, it will always output the same smaller number. another cool property is that there is no way to get from the smaller number (the hash) back to the original huge number, it’s a one way function. another thing to note is that all data on a computer is essentially just a number. that 10 mb pdf that thisplays text and images? yeah that’s actually just a gigantic number which can be hashed extremely easily. that bitcoin transaction or block? a number that can be hashed. the principle behind hashing is p vs np. the idea is that it is possible to find the original big number from just its small number hash, but the only way we know of to do this is to run through every single big number, throw it into the hash function and check if it’s hash is equal to the target hash. there is an infinite number of numbers, it can take a trillion trillion trillion years to crack some hashes using modern computers. this principle secures hashes, private keys, encryption... basically everything to do with blockchain relies on this basic principle.
it's a magic formula that converts a really big number into a smaller number in such a way that it is impossible to predict what the small number will be. you mine a new block in the chain by successfully guessing the big number that results in the small number the chain has arbitrarily decided the next block should have.
a hash is an encoding for something that a computer generates through a hash function, a good hash function cannot be reverse engineered, spits out the same length of encoding for the hash, and will never repeat, a very shitty hash function would be something like taking the last two letters or numbers off a piece of text. for example hash(tree)= ee, hash(log) = og. now of course, bitcoin , for example sha-256. it's super complex and industry standard at this point, especially since google was able to generate a duplicate hash for sha-1 in 2017. it takes a lot of power to do these hashing algorithms, bitcoin has to hash all of the transactions, which is where the power consumption comes from, but also makes it super secure.
one-way function that turns one number into another consistently through the power of mathemagics.
as a very oversimplified explanation, hashing is simply using a function that takes an input and gives some output. for example, there is no reason why my hash function cannot just be to add 10 to any input (apart from the fact that it is not very secure). so if you're making transaction , i can hash it like so: transaction : 1 + 10 = 11. your hash is 11. transaction : 2 + 10 = 12. your hash is 12. transaction : 3 + 10 = 13. your hash is 13. and there are also ways to deal with collisions, where i might end up with the same hash number twice. let's say the way i deal with collisions is by adding 4 (this is just a random choice i made). so if someone else comes along with transaction for some reason, i could just detect that 11 is already taken and add 4: transaction : 1 + 10 = 11. computer sees that hash is taken. 11 + 4 = 15. your new hash is 15. of course if transaction number 5 comes along, then i'll end up with hash = 15 which is already taken by the above transaction. but i could continue to defer by adding another 4 (because that is how i've chosen to deal with collisions), and now transaction maps to 19. of course, you can imagine that there is a much more elegant way to handle this mathematically so that it minimizes the number of collisions you'll get. it's also not a very secure hash function, so instead of just adding 10, maybe i can do some multiplication or any other number of mathematical operations to the number. eventually if you do enough, it is (currently) impossible to decipher it backwards, so that if i give you a hash like 4548954850 there is no way of telling how i got there. that being said, if sha-256 (the hash function used in most cryptocurrencies) gets cracked, they will need to move to a different hash function. although that is not a threat exclusive to cryptocurrency. a vast majority of the internet and websites that currently protect your privacy are also protected by sha-256. full details of the steps involved can be seen here: [ you can see it is more complicated than just "adding 10" but it is just a sequence of steps, and the same general idea.
dark brown stuff that you sprinkle over some tobacco
it’s the byproduct from crypto mining that you can smoke.
an absolute gem. hedera hash that is.
its taking things and making different things by mixing them togethor
it basically lets you add hashtags to the blockchain, and can make certain bitcoins more valuable. for instance, will increase your coins value tremendously
it's a group of people who run around or walk outside and drink beer
it's what makes it do the thing
a substance that is bad for you and i have never smoked.
i don’t know but i used to smoke it
lots of confidently incorrect-correct answers to this just show how few people actually know what a hash is 🤦‍♂️
jic you really wanted to know: a hash is a type of cryptographic technique known as a one-way function. it’s easy to do, but hard to reverse. like breaking a dinner plate— easy to do but hard to reverse. so you can take any length of data (a file, a string of characters or numbers, etc) and it returns a fixed-length string called a hash. you can’t “undo” the hash to get the original data, but you can hash the data again with the same algorithm and you’ll get exactly the same hash. changing even one bit of the data will give you a totally different hash. you can give the original data and the hash to someone and they can validate that the file has not been modified. we use these for lots of stuff in internet security. this is an oversimplification, but for the sake of bitcoin, mining essentially works like this: someone on the network submits a transaction. everyone on the network races to find a hash that meets a specific pattern. for example, let’s say the requirement is that every valid hash has two leading zeros at the start of the hash. the miners take the transaction data, append a random bit of padding on the end, hash it, and see if it starts with two zeros. no match? generate new random padding, add it to the transaction data, hash it again. repeat until you find a hash that meets the criteria. first one that finds it broadcasts it, everyone on network looks at it and says “yep, checks out”, and then it’s added to the blockchain and the transaction takes place. these are technical simplifications and in practice it doesn’t work exactly like this, but hopefully it’s simplified enough to make the point without misrepresenting anything. i also hope i’m not “bitsplaining” to the entire sub and someone is genuinely interested. :)
the main issue with that is the original purpose of crypto was to eliminate the need for that type of trust *because* of all of the math under the hood nevertheless, trusting math is a lot better than trusting institutions, so i guess we still take that
my point isn’t that people need to know, i’m simply saying the estimation that half of the people know how it works is an extreme over estimate.
a hash has played a role in every war or international conflict since ww2. a hash has played a role in every single dollar spent since the digitization of bank accounts and debit. a hash is a crucial aspect to the way the internet works, both on a protocol level and an application level (passwords, authentication, etc.) a hash is the founding principle of cryptography, and cryptography is of extreme importance and influence on the world. this is an undeniable fact.
i explain it below, i didn’t leave y’all hanging haha
couldn't a billionaire just themselves stake a lot, but just split their money into a bunch of smaller pools?
i mean seriously, if you want regulation get out of crypto
>what crypto will do (is starting to do) is taking regulations from law and moving them to code that is known to all and auditable because it is open source code with a public ledger. governance implemented as code that is unbiased (or the bias is known because it is publicly auditable) is going to be just as important as the currency aspect of crypto. virtual communities have formed around tokens, and those communities want to self govern. you could long term see a deemphasis on traditional governments and move towards virtual decentralized ones... that's funny, because as an anarchist, that sounds very anarchistic to me. anarchy is not 'no rules', it is no rulers. it's not 'no governance', it is competition in governance and avoiding a monopoly government (private or public). it's not a collapse of institutions, its a building of better one's which allow the best mechanisms of accountability to hold sway on them, whether that be democracy or just people easily voting with their feet to create regulatory arbitrage.
the government can still regulate even if it cannot ultimately control. and if i thought governments wouldn't or could not regulate a fully developed decentralised crypto system i wouldn't be in crypto. the concept of huge wealthy anonymous entities controlling and manipulating the market is far scarier than the government doing it
what he said is actually right- >regulations force the wealthy to find and exploit small and difficult loopholes rather than doing it openly he just does not seem to realize he is pointed out part of the problem with them.
this is such a naive view. have you not heard of the massive pump and dump groups duping hundreds of thousands of people, or the multibillion dollar ponzi schemes and exit scams like bitconnect, or the exchanges that vanish without a trace, or the endless allegations that usdt is a giant unstable scheme to pump up the price of btc and make the creators billions. crypto is the wild west and people are getting hurt at an ever increasing rate and will continue to do so until it is regulated, if it ever is.
> cheaters get found out and slowly the market moves to a better place. kind of naive wouldn’t you say? nobody catches cheaters and makes them return that money they scammed others out of when there is no regulation. they don’t get caught and change their ways so cheaters get caught and move on after they’ve siphoned a large amount of money. they’re then free to do this again and again because doing it again is their “better place”.
no, but i would, to use your words, 'beg' the government, to prevent powerful institutions and the wealthy from running ponzi%. that is not the same as wanting the government to have control over currency. prosecuting people for running scams is not the same as controlling the currency used to run the scam.
who's we?? what need is being met? crypto exists because people wanted to create some extra money outside of the regular system. it's just a legal way to counterfeit.
not even a token. it is just straight up poop
hey man, whats the difference between coins and tokens? i thought all crypto were coins? im new to crypto, just bought my first btc a few days ago to hodl
not shitty enough it seems! yeah, etc has lineage. that’s hard to kill. it’s like an eth backup i suppose. that reminds me i should sell my xvg. lol...
probably right there. governments have a lot tho do with drugs they themselves declared illegal. and let us not forget the synthetic and regulated versions of drugs are often more dangerous than traditional drugs. government is not a moral entity in that regard; it simply hates competition.
i mean... this but seriously. i have no desire to do these things and legalizing them would not change that. this would not be a popular opinion but part of the problem we have in the world is we've made it too easy for the dumb to thrive. let's start ripping some of the warnings off things and let darwin do his job. (i'm only kinda half kidding)
i see what you’re doing right mao
but...but... every other time i fuck up in life i can run to some kind of government assistance! i cannot do this on my own. i need to be told how to act. we need government in crypto!!!!!!
if i can only aquire it on pancake swap and there is a highly volatile price it is most likely a shitcoin. especially if the use of the coin is non existant or hard to understand.
haha ya certainly the bottom of the barrel, though i'd say it is not binary more a spectrum. they've had net positive effect on me (primarily thru laughs reading thru stuff on tokensniffer.com). not sure how many fall for them . i'm not sure they are harming the market either but i have not thought too deeply about it. would getting rid of them strengthen the market? to me it is bullish that anyone can create some erc20 token if they wanted to.
i didn’t read anything past his first sentence because he was acting like a child. if you think that invalidates my comment... i think i’ll be able to live with myself
of course, no thisagreement that authorities will not like a decentralized money. that should go without saying. educating newcomers who will speak with their wallets in a free market is more ruthless and effective than any regulation could be. that’s why it’s so important to educate people on shitcoins... because many newcomers are too greedy and too uneducated to know when they’re overleveraged or caught in a rug pull. if we educate, we eliminate the need to regulate. but good luck, because the only meaningful regulation one jurisdiction could impose is taxing it to high heaven. this will again just transfer potential income. it then becomes a futile effort because the regulatory jurisdiction now earns even less through their taxes as the investors move out of their jurisdiction.
sure, i just don’t think you can conflate regulation directed toward construction with regulations for economic policy. i guess we just have to continue to trust the government knows what’s best for us. something decentralized money was designed to solve
i think cryptocurrencies are trying to be more like traditional currencies such as usd, but also thing of its own. it has elements of currencies, commodities, and stocks. since cryptocurrencies are still a new thing and very immature… people like elon musk can move the market with single tweet. can elon musk even scratch usd if he tweets negative things about it? no. it’s just too mature and too big. he is definitely manipulating, but its not as simple as stock manipulation. imagine if he wants to make . all he needs to do is tweet about a random coin and watch. he has done this with dogecoin whether you agree or not. i would say it’s manipulation, but i can see how you can argue against that.
no. his comment needed more rockets and moons. how am i supposed to know it’s legit without an unbearable amount of emoji?
omg i'm gonna cum.
everyone on this site says thing with confidence, you do not get upvotes otherwise. that being said, its such a crapshoot figuring out if they know their shit or not, and most often they do not.
yeah it is almost like unlimited growth and poor regulation leads to an unsustainable cycle of rise and collapse of markets. who'da thunk it
housing costs are increasing even more thisproportionately than they were in the early 2000"s...and they supposedly tightened up lending restrictions. i still see fit buyers being approved for way more.than they can afford. so they are still oberlevearging people. one thing is for sure...this feels like the last push over the cliff by the fed for branch banks. i'm trying to swing a down payment for.my custom home through crypto. i'm long but i'm also trying to play some quick money in this bull market
lol at elon being my hero because he bought bitcoin. the fuck? unlike you, i do not worship attention seeking billionaires who get off on manipulating people. not to mention that bitcoin was actually doing much better before he got involved and has actually been going sideways for the last 3 months since tesla purchased and started accepting btc. the only thing he is actually been beneficial for in the crypto space so far is doge. all of elon's arguments about the environmental impact of bitcoin have been debunked countless times and he was well aware of them before he invested. absolutely nothing has changed with the technology, so even if we gave him the benefit of the doubt and said he was right to highlight these concerns and thistance himself from the cryptocurrency, he still looks like an idiot that did not do any due diligence on what he was getting involved in. and that is the best case scenario! it's much more likely that he is doing this for any number of selfish reasons. but again, nobody is saying that elon does not have a right to do or say whatever he wants. by that same logic, people are free to criticize his decision making as many have including myself. that's how this works. i think the more people like elon are delegitimized within society the better, and not just for crypto. he's a brilliant guy in a very narrow way who is in an intellectual bubble with a lot of dumb uninformed opinions that unfortunately many people are influenced by. society would be a lot better off taking the things he says with a giant grain of salt.
>instead you want everyone else to fix it nice mind-reading skill you've got there. are you a psychic x-man? snark aside, how do you expect us to improve the situation without thiscussing it (which is what i'm trying to do it here)? or do you just do the reactionary thing of shooting down any critique of the status quo?
why do you say that? it definitely does not seem like that must be the case.
if a whale decides to dump coins *for any reason* that would cause transient inflation in the same way that the feds printing money causes inflation. no need for fiat to be involved at any step of the process. inflation is about the value of the currency *relative to the cost of a good or service*, not relative to the cost of another currency. if you control enough of the money supply, you can do anything we criticize the fed for doing.
can't forget the *big kahuna burger*
dam i can for some hash browns() right about now...with 2 return eggs; sunny side up. if i have room for more food =;true boo, then i will add bacon. = printf("i'm satisfied"...else if i still have even more room = true, then a bowl of fire hash from the farmer next door. prtintf("dam i got the munchies!") endif with a nice sip of java coffee!!!
always best served smothered and covered. if you do not buy smothered and covered, you do not know anything about hash. buy the thing i like or you're dumb.
ethereum over easy with a nice spread of buttercoin
...or a delicious chunk in a bong.
but what’s the point of hashing that big number? moreover, what is the hash’s value if you can’t get it to return to the original state. that’s the part i do not get.
lol people do not need to understand what hash or blockchains are to be mass adopted. do people even know that federal reserve is a private company owned by the international banksters which blackmailed woodrow wilson into signing the federal reserve act of 1913? do they know that this private company lends money to our government and charges interest? do they know that this private company controls our monetary system? you're missing the point of mass adoption
damn, im a dev and did not even know this. i'm not a good dev though.
thanks for the info, wish we were closer to quantum computing :( that will throw us into the next age...
dang, awesome articulation! this is sooo helpful to me for some reason... learning about crypto is like learning a new language in certain respects, but it is such an amazing adventure. thank you!
best description i've read. thanks, comment saved!
you really gotta work on that explainer. absolutely correct, but people in that 95% are going to gloss over it so fast. i usually say: its a math formula that takes in information, and outputs a passcode. anytime you enter the same information, you’ll get the same passcode, but if you are only given the passcode - it is near impossible to go backwards and figure out what produced it even if you know the math formula. this is part of what makes blockchains secure.
thanks bro for not scolding newbies but educate them...
such wisdom and understanding
this is a really clear basic explanation. thanks. i appreciate it and will borrow it for my family as i explain crypto (slowly and over many weeks) to them.
thanks for that explanation, definitely the best thing i read on reddit today.
how is the original pre-hashed number created? for example, if i buy something with bitcoin, how is that number to denote that transaction created? and why does it need to be so long?
thanks for teaching me something i should have learned long ago. hopefully we have something more secure than what you described by the time quantum computers are easy to get your hands on. a lot of us are here because we want a currency that lies outside the control of government, but if ibm sells the us government a quantum computer that cracks monero in 5minutes, then what are we even doing here?
speaking purely theoretically here, wouldn't you need to be able to undo the hash function in a pure mathematical sense? otherwise two different private keys could generate the same public key. so is there a method that ensures no two private keys are created in the same inverse image of any given output? genuinely curious as to how this is supposed to work. from a practical standpoint i understand that a function being investible does not mean you can actually invert it. unless you get lucky, the computation methods might simply take too long. if that is what's going on i'm fine with it. again, i'm just curious as to what exactly is going on.
the computer reads those numbers as ones and zeros, which does not change the number but makes it much more confusing for those used to base 10 to read them, if they wanted to. thanks for the clear definition of one way functions.
this was never gonna happen. valuation is subjective. how many can explain away about inflation (even this sub is pretty bad at it) and the financial system and how the global reserve currency and imf works etc.
but it is not something anyone thinks about before buying a particular coin or token. who cares about the underlying minutia, maybe .0001%? if they did, bitcoin wouldn't be , eth wouldn't be , etc etc.
of course, those with more . i think that is a little different than decentralization though, but i'm not informed enough to tease out the differences. will study on this, thanks for the brain puzzle. :) edit: centralization to me means i only have a few centralized places to go. as an individual i still have a choice of what pool to participate in, and in fact will benefit from participating in any pool that is not *too* large. of course that may change over time, would need a crystal ball to project onto the future. at this point decentralization probably needs to be carefully programmed. honestly as humans we are just starting to try to figure this decentralization thing out, how it works, how it can be used, and its impacts. i myself have much to learn. would love to hear your thoughts. it will be an exciting next 50-100 years.
the more people get into it, the more dumb people get into it, the faster it will get regulated. simple maths.
we need regulations like wall street i guess, where hedge funds can short stocks that dont exist with impunity but a group of redditors buying the stocks and winning fair and square immediately triggered the government to start talking about regulations. my friend, the anonymous wealthy entities are the ones who lobby for these regulations to get passed.
huge wealthy anonymous entities are currently already controlling the economy... once capitalism allowed the birth of billionaires, that ship sailed. they direct the fate of whole countries.
it's naive to think regulation will solve these problems.
just like in regulated markets, cheaters get caught and nothing really happens to them. breaking the law is the cost of doing business. at least in an unregulated market, reputation is everything. in order to decide who you do business with, you have to do your own research and engage in risk management. it puts the onus on the user, rather than a centralized, perhaps untrustworthy governing body (such as the sec which obviously can be manipulated).
> crypto exists because people wanted to create some extra money outside of the regular system. lmao.
whenever a new technology emerges a snake oil market around that sector always appears.
tokens are built on blockchains. coins are built from scratch. eth is a coin, polygon is built on ethereum and matic is their token. doge is a coin. shib is built on eth so it is a token.
coin = has it is own blockchain (bitcoin, ether) token = runs on a different blockchain (uni, link, aave, stablecoins all run on ethereum)
i'm pretty sure etc is only alive due to robinhood's misleading promotion of etc
actually, legalizing drugs always seem to have the opposite effect. it's safer because people know better they are getting the real deal; more accountability on the sellers side. and there is less shame.
thats thisappointing as well. if you can’t thiscuss something then i guess don’t reply “triggered” and act like you win the conversation that’s more akin to acting like a child
adoption as a currency and adoption as an investment instrument are mutually exclusive, are they not? if you're 'investing', then you intend to revert back to your base currency at some point in time. if you believe in crypto as a currency, then the dollar value should not matter, because one crypto is always going to be worth one crypto.
the real emojis where in your heart the whole time.
mind reading? from personal experience anytime someone says "we" need to do x or "our" problems, they mean is i do not want to the work by myself or i do not think they can do it myself. your "thiscussion" comes off as complaining and offers no solution from yourself. i cannot even say it has any real critiques, you do not like how something works.
but dump it to what? if a crypto becomes the worldwide standard, it cannot be "dumped". inflation is an entirely different argument and most coins handle that by design. anything that became worldwide accepted would have to address that. the whole concept of market cap of a coin wouldn't even exist anymore. the costs in life would all find a balance relative to each other. if rent cost x coins a month, maybe i get 30x coins a year in salary. someone transferring to some other not accepted currency wouldn't change this. they're just ratios
make sure to have a sprite to wash it all down.
dude chill. i can buy smothered hash and still be dumb
applications of hashes include: * verifying file integrity - if i hash a file and get the same hash the website i downloaded it from says it should have, i know no data was lost or corrupted during the download, nor was any malware secretly added if i'm downloading from a mirror. * password storage: if an app is designed right, your password will never, ever be sent or stored in plaintext. it will always be hashed, and the hash is what will be sent over the interwebs to be checked against the hash stored on the central server. (it will also be "salted", which someone else can explain.) * dictionaries: if you've ever used dictionaries when programming, they are using hashes behind the scenes. i cannot actually remember how that works, been a while since i took data structures.
pretend you wanted to keep a copy of everything. let's say each thing or some things fit on a page (let us call that a block). if you had hashes, instead of verifying each page, you can check it is hash and know that you and your peer both have the updated and same copy of the page. so far so good. now imagine you want to make sure the whole book is updated. each page has a hash, and while you can check each one, that can get boring. so each new page includes the old hash along with the new page data and then gets hashed again. now you only have to check the last page in your book and verify if the hash matches.
hashes can also be used for passwords. you create a password for a website, they generate a hash from it and store it. so next time you login, the thing you type is hashed and compared against the hash they have to log you in. if someone hacks their data, all they get is a bunch of hashes. since it is 1 way, they can’t use said data to hack your account.
that’s what i was gonna say. ask the average person how fiat currency works and about monetary policy and they have no idea.
i do not understand why money is green. that's the only reason i do not have more of it.
exactly. everybody will be using some blockchain in the coming years, but they would not even know. they'll just have their nice dapp in their phones, which they will use because it has a great product. just like they do not need to know about oracle, sql or aws and cloud computing. they'll buy their tickets to an event, or file some paperwork with the government, do financial operations, buy music, check the thing they are buying is authentic, sign a rent contract, there is a ton of use cases that will keep showing up. that's mass adoption. op has a point though in the "experts" commenting in this subreddit and how few of the people here actually understands why the sector has so much promise, or cares about anything other than watching prices go up.
amen. love utility-based cryptocurrency. but if anyone cared or it were important to mass adoption, well, doge is proof that it doesn’t matter. as is reality tv, and (unfortunately) donald trump, etc. smart or even practically useful doesn’t equal success these days. hope that changes but not holding my breath.
**rudimentary encryption algorithm**: remember everything on a computer, from a text file or pdf to a 200 gb video game, is essentially just a gigantic number on a hard drive. let your file be represented as the number `a` and let your password be represented as the number `b`. you can encrypt your file by simply multiplying `a` x `b` = `c`. `c` is your encrypted file! the only way to go from `c` back to `a` (your file) is to know `b` (your password) and do `c` `b` = `a`.
i prefer the other person’s explanation.
then i use sha512, and then sha1024, and sha2048... i keep doubling my hash algorithm and spend a few extra milliseconds computing hashes and you spend a few extra trillion millennia trying to catch up
**rudimentary hash algorithm** take in a number `x` set `n` to an extremely large number `hash` = `x`^60 % `n` the only way to get from the `hash` back to `x` is to calculate all of the factors of `n` (find every combination of `a` and `b` where `a` x `b` = `n`) and if `n` is large enough the amount of time it’ll take a modern computer to do that calculation would be trillions of years (never). *note:* i chose to raise `x` to the power of 60 to ensure that `x` would be large enough to be divisible by the large, arbitrary number `n`. also, `n` should be calculated by taking two extremely large known *prime* numbers and multiplying them together to ensure maximum difficulty in determine their factors.
are you familiar with binary? the whole 1s and 0s thing? and the reason it’s all 1s and 0s is because the way our storage technology works in the physical world is by storing millions of “switches” at specific storage locations that are either “switched” on or off? our number system is in base 10. meaning we have digits 0-9 which make up all other numbers. binary is base 2. it has numbers 0 and 1 which make up all other numbers. then there is base 16. it has digits 0-9 and a-f (for the additional 6 digits, ethereum addresses are in base 16). well these are just three ways of representing the same number using different combinations of digits. a pdf file is just a bunch of 1s and 0s that the pdf viewer application can interpret as text and images. nothing is stopping you from taking those 1s and 0s and instead of interpreting them as a pdf file, interpreting them on base 10 as an extremely large number. bitcoin transactions and private keys are the same concept... just 1s and 0s that can be interpreted as transactions or just as a number.
look, i’m not saying that people *need* to know about hashes. no one has ever implied that. i’m simply stating that most people don’t know shit about how the tech works, as is evident by the fact that 95+% of people on this subreddit cannot explain the basic, core principle of blockchain: a simple hash. **i am not saying that people need to know the technology this deeply in order for them to use it and for mass adoption to occur.** where did i insinuate that at all?
fans of crypto will often not like exchanges because that makes things centralized. similarly, some cryptocurrencies are only minted by single organizations, which adds in centralization that can be an issue -- think usdt or even the more trustworthy usdc. for them, you still have to trust tether and circle. and it is a lot nicer when you do not have to do so, like with etherium and bitcoin. with decentralized crypto, even the devs do not have that much power. what matters is the miners. and if there is an issue big enough, the whole community is able to come together and fix the block the currency. or maybe a fork happens. while not perfect, this is far better than the company that issued your stock collapsing, or the country that minted the currency you're using collapsing. in what i mentioned above, rich people are able to take control of the network. this is really only an issue with smaller coins (or coins where one person started rich that went big). the real issue is the power the exchanges and similar organizations get by you storing your coins in their wallets. which is what normal banks do. and look how much control normal banks have. crypto makes it more obvious. regarding staking, one issue that arises is that you control the network if you're rich inside that network. so if i make a crypto and give myself lots of coins, other people cannot mine it and turn it decentralized. people are able to take real world currencies and make new coins in a far more real way. whereas they *have* to get coins from an exchange to stake them. while that setup is a bit contrived, it does allow exchanges to collude far more easily to fake history on the blockchain. meanwhile, miners are a completely separate group with a separate set of underlying assets powering the network, and big crypto organizations are forced to cash out to them that monetary power into network power. so the point is that even with mitigations (which really does not even seem to work, in terms of the one from the previous post, since you would put it into separate staking pools anyway), we still have to be desperately careful in switching to staking. though i desperately hope that we can get it to work, so crypto can stop destroying the environment. i'm no crypto genius either, so do not worry too much. >centralization to me means i only have a few centralized places to go. that's a part of it. but centralization is also about who the people you talk with have to talk to. do we a symmetric system of authority where the network is forced by its rules to come to a consensus democratically, or do we an asymmetric system where democracy only happens because one side can decide to listen to the other. crypto works because the system and its incentives are set up such that it is most profitable to be honest and democratic. people try to get around this by setting up their own cryptos where this is not the case, or provide services in conduction with crypto where this is not the case. which turns the incentive structure into one where they can cheat and get away with it. >as an individual i still have a choice of what pool to participate in, and in fact will benefit from participating in any pool that is not *too* large. of course that may change over time, would need a crystal ball to project onto the future. in terms of staking, you'll stake in whatever pool is most convenient and profitable. i do not know if it will be like mining pools where it is organization based (centralized and untrustworthy) or based on algorithms (decentralized and trustworthy). because otherwise, with eth for example, many people are just staking with coinbase. which is huge. but then what algorithmically prevents them from pretending to be several smaller pools to make the greater money? they still retain the same control over the network that way. >at this point decentralization probably needs to be carefully programmed exactly. crypto *is* this. in conjunction with mining solving a big problem with decentralized agreement and stuff. >we are all currently the product of and live within centralized heirarchical structures which shape our conscious and unconscious psyches. to be more specific, society is filled with many structures, some centralized, some federated, some decentralized. what that really is just networks with different connections with some networks having connections with power imbalances. clearly there is a lot of different types. that said, as humans, we've found out that democracy and decentralization works the best in terms of decision making. people are able to focus best on their own problems, typically, which is how markets are able to function in the first place -- and capitalism breaks from when markets become less decentralized because of some entities creating power imbalances. the systems we have throughout society are far from perfect, and the lack of democracy and decentralization is generally what causes many problems -- because then people are not able to address their own problems, or exert the amount of influence they otherwise should have. because of the power imbalances. and if you cannot see where else we need to add democracy and decentralization, and where we need to fix power imbalances, you are not looking closely enough and are not thinking outside the box enough. it's not that we have centralized hierarchical structures within our minds. it's that the structures we currently have are cultural, and it can be difficult to realize what should be changed, let alone how. or that this type of change is necessary at all. >honestly as humans we are just starting to try to figure this decentralization thing out, how it works, how it can be used, and its impacts. for money, kind of. a long time ago, we just bartered or used proto-money. and since we could not travel far, you could not exactly centralize it. so we interacted with what was around us. and no one was able to get that bad of power imbalances. (well... there was physical violence instead. but inside a tribe, i do not think it was as bad as everybody by themselves. so it is more of tribes attacking other tribes, and some tribes will have a lot more power imbalances.) but tech progressed, and kings were made, and we went into the age of feudalism and a lot of other stuff. people were able to travel more, and physical violence got more advanced too. and so economics and politics for more and more centralized. democratic societies are an effort to turn the flow back against that centralization. but even the us retains representatives and senators and presidents, and smaller people in change of smaller groups. but that is better than dictators. for money, you're right, this *is* us figuring out how to decentralize it again, but keep that global aspect and all the innovation that is occurred with economic technology. so yeah, we're figuring out how it works, how it breaks, how it can be used, and its impacts. >i myself have much to learn. would love to hear your thoughts. i have soooo much to learn too. in traditional economics stuff and crypto, too. it feels like something that very few people actually understand well, and even worse, it is one of the few topics people have the biggest incentive to lie to you in. especially in crypto. it's such a pain in the ass, and i just want to figure this shit out. it's happening slowly, i suppose. doesn't help that nearly every youtube video feels like a scam. and most readings too. i need the data and i need the well written explanations, and i need the well written criticisms. >would love to hear your thoughts. >it will be an exciting next 50-100 years. hope that the above was a nice comment. :) and it is definitely going to be an exciting 50-100 years. we've already gotten the internet and look how that is revolutionized everything. crypto is revolutionizing money, instead. i just hope i do not die early due to climate change refugees causing too much instability because governments weren't able to mitigate climate change or its effects (including figuring out how to house said refugees instead of letting them die) due to the rise of a lot of people who want to actively make the problem *worse*. sorry, the future's scary, but i try to stay optimistic. there's a lot of cool shit, but there is a lot of bad too.
wallstreet has spent years petitioning against regulation. now after gme they want more regulation...make sense
buddy. i hate to break it to you, but the vast amount of government regulation is in your favor. what you're mad at is this country's atrocious campaign finance and lobbying laws. citizens united is barely a decade old ruling.
they already have most of the money but they do not yet have all of it. the government is the biggest, arguably the only, thing standing in their way right now. that is why they put so much effort into trying to control it - because they know it is the only thing they do not fully control.
or at least, naive to think that formal regs would not create different problems and unintended consequences which will be harder to account for and harder to weed out.
regulation obviously will fail to solve all those problems just like it failed in the legacy finance industry, but it can at least limit it and provide a way to prosecute the most blatant offenders
> at least in an unregulated market, reputation is everything no, it isn’t. i can start a new scam coin tomorrow and fleece some people, and then move on and do it again and nobody will even know who the hell i am. reputation doesn’t matter when i can just change some letters and numbers on a screen and seem like someone else. i also don’t see why in an unregulated market that reputation matters more than in a regulated one. reputation among consumers is important regardless it sounds like you’re sticking to something that sounds neat on paper but when actually applied doesn’t work the way you think it will.
*hsssssss* i'm here for the *profitssssss*
people might also say "native token" to refer to the coin that powers the network (eth for ethereum, btc for bitcoin, bnb for bsc, etc.).
don't forget the miners on older cards that provide valuable hash power.
if he changed his mind because new information has come to light regarding bitcoin's environmental impact, that is one thing, but that nothing has fundamentally changed. any information that would change his mind has been out there for ages. either he did not do his due diligence or he did and has an ulterior motive. which is it?
>from personal experience anytime someone says "we" need to do x or "our" problems, they mean i the plural of "anecdote" is not "data."
yeah, okay, but what is dogecoin?![gif](emoteemo_pack_1yeah)
> and the hash is what will be sent over the interwebs note, if you do this wrong, the hash actually ends up functioning the same as a password. check “pass the hash” style attacks. for authentication, you’ll want to hash the password with something else to protect against replay attacks. sorry for the hashsplaining.
**dictionaries**: also referred to as “hash maps”. you have a two dimensional array of size `n` of the type: { key, value }[][] you take the key and hash it to a number. you take that hash and modulus it with and (the length of the array) this will essentially create a hashing algorithm that takes any key and converts it to an index in the array (modulus will constrain the hash to be between 0 and n). because we are constraining the hash to an index in a finite sized array, there will inevitably be clashes (keys will share indices) so that’s why the array is 2-dimensional. we have buckets of all the key, so then you iterate through the bucket matching on the original key and then returning or setting the value.
>password storage: if an app is designed right, your password will never, ever be sent or stored in plaintext. it will always be hashed, and the hash is what will be sent over the interwebs to be checked against the hash stored on the central server. (it will also be "salted", which someone else can explain.) this is wrong except if you're talking about 2 way hashing. they will not store the password on the server, but the server will always receive your password in plaintext, password encryption is done server side.
that sounds useful and smart. i'll believe that. maybe it can help me remember what a hash is later.
this goes for everything. how many people know how their cars work? computers? credit cards? hell how many people know how their own bodies function?
for me personally i was grinning because with most examples you gave, my head connected a specific coin to it. since i started investing last feb, i got some joy out of the recognition of the knowledge i gathered some far.
we are in the middle of idiocracy
you aren’t the target audience ;) feel free to thisagree. thats fine. if you really want to go and test it, go to a gas station and ask the attendant which one they prefer.
thank you. do blockchains require base 16 to work?
i guess i must have misinterpreted what your point was.
the regulations are only a hinderance to the small retail investors and that makes sure that only the wealthy wins. the wealthy can afford to pay the fines and continue getting away with billions, it is the small guy who now has to abide by the new limiting rules so is unable to compete against them. so as long as the wealthy pay the government ~~their cut~~ the fines imposed, they continue playing by the old rules.
so the politician who capitalized on requiring crypto exchanges to buy a license in the us in order to operate was in my benefit? the man literally forced a regulation into affect, left politics to then start a firm which capitalized on his own regulations. if that’s not entitlement for the wealthy and ruling class... i really don’t know what is
i’ve been told it’s ... the way
you're spreading the secrets of the hash! we must send the hashshashin after you!
i started really using hash tables around when i was 12 going from c++, and vb over to this new language called c#. it was stupid fast compared to how i used to do lookups.
thank you for the correction.
my understanding of salting is that there are a set number of common hashing formulas. multiple sites and programs will typically use the same or similar hash algorithms. now consider that the companies store the hashed passwords on the backend and not the plaintext passwords. the theory is that if you have the website and steal the hashed passwords, you would not be able to drive the actual passwords as you cannot reverse the hash algorithms. but wait, you do not have to. you can take a dictionary of known passwords and hash each one through the hashing algorithm and record it. effectively you build a cross-reference table to take a hash and find out what password made that hash. this is called a rainbow table. then you can look at the hashed passwords list you stole and figure out the plaintext passwords. suddenly you know all the passwords even though they were hashed. however, building hashing tables takes a long time and lots of computational power. so you can just download them from online and do your cross referencing. what defeats this is adding a salt to the hashing algorithm. a salt is just added values onto the password that only the server knows, in order to make a rainbow table useless. you can use the same salt for every password or if you want it to be real difficult, something based on the login name. maybe the server takes the password, as on some alphanumeric characters derived from the login name, then hashes that. that will be one hell of a password problem to solve.
exactly, adoption does not require knowledge of underlying mechanisms it is about hiding those underlying mechanisms behind easy to use systems.
more than the speed and power of quantum computing, i am really interested in the implications of the effect of observation on a quantum. could you explain in simple terms what are the possible implications for data exchange for instance when the very act of sniffing a quantum key packet changes the value of a key?
again, it’s just a representation of 1s and 0s. so no, it is thisplayed in base 16 for our convince as humans reading addresses and private keys and stuff
tesla is worth hundreds of billions of dollars. they do not make impulsive decisions on things like this which will become a huge story and shape the public image of their company for years to come. of course they calculated the pros and cons of every aspect of their decision, including the environmental concerns of bitcoin. they are a company pushing electric cars ffs. your thought process is incredibly naive if you think they did not understand what they were signing up for.
tether is the actual magic internet money.
he sold? print 1,500,000,000 tezer and pamp it
will the rug pull be streamed online to achieve max revenue?
they made a ton of usdt to buy bitcoin during the dip and back the tether up with bitcoin as an asset
i do not trust tether. that's why i keep all my funds in dog tokens.
what most people do not get is that this is not just a problem for tether but the whole crypto market.
the problem is really on the cexs. if you are p2p, wallet to wallet, you cannot invent anything. take metamask for example... you can fiat fund that (buy eth) and trade that eth with a counterparty. no bullshit. with a cex though they can receive your fiat deposit (thanks for the usd) and give you usdt (magic money). you can take that magic money and do all kinds of things within that cex. you can, theoretically, create usdt, buy bitcoin, sell bitcoin, return usdt, and make a profit. that is called synthetic leverage and it should not exist in crypto. the whole thesis behind crypto. it is a scarce resource. but the cex's are basically the new banks and they allow all this trading within their ecosystem which introduces synthetic leverage and dilution. the price of bitcoin can and like is artificially inflated by usdt sitting on cexs. stablecoins are the life blood of crypto and there are some that have better transparency... i think usdc is more legit... but we absolutely need stablecoins. here's a sort of hint into how absolutley fucked things are on binance (the largest exchange in the world). the maximum daily deposit is ,000 usd. the maximum daily withdrawal is ,000 usd. if you had, ,000,000 usd in assets... it would take you 50 days to withdraw your money. in the event of some kind of systemic panic, you would be fucked. you can transfer up to 60 bitcoin in(notional value of . so the limitation on the fiat is not some kind of kyc limitation. the reason they have this limitation is because if everybody started transferring out from usdt to usd they would have a bank run and be fucked - they are doing some kind of fractional reserve banking. this is why i hold no coins in cexs... if there is some kind of fraud revealed then everyone will try to withdraw usd and transfer their coins and you will not be able to. binance is totally unregulated, incorporated off an east african island... we're totally due for a massive scandal and maybe that will be the catalyst for the next 80% drop. unfortunately there would not be any coin that will escape a usdt fallout, even other legit stables will get un-pegged.
tether is the thing we hate most about fiat. i do not care if crypto takes its time to rise and we should not have to use shady practises that will come and bite all of us in the ass.
1 of the 5 employees at tether: we found this broken chair in the basement ! tether: mhhh its probably worth 10.500.000 !!
tether claimed their usdt is backed by "cash and *cash equivalets*..." equivalents like usdt?
ok guys, here's what we do. i'll setup a bank account where everyone can send me cash and in return i'll send you tokens that represent that cash. i'll write up a pdf receipt to send to each person also, in case the irs gives you a hard time.
the sec gas been rejecting spot etfs the last few months and every time the site the reason as being because it is blatantly manipulated by stable coins. also, cornell released a study a few weeks ago showing 70% of crypto volume is wash trading, that' some projects and nfts volume is 99% wash traded. everyone in crypto just wants to stick their head in the sand and active all these projects are naturally worth billions.
the minting is the first step. minted tokens cannot be backed by anything, they are just there to be issued. then it is issued in exchange for the dollar. when dollar is redeemed the said tokens are burned. this minting, issuing, burning happens all the time. only the minting makes the news because idiots cannot read.
but this wont stop anyone from purchasing ' part of the blame is for cex that sometimes only allow usdt trading pairs on some coins
tether is a danger to crypto. the exchanges need to ween themselves off of its fantasy value.
regulators are about to come down hard on this kind of stablecoins.
reminds me of taxes. we pay taxes using money that was already taxed in our paychecks .
you were the chosen one! it was said that you would destroy the fiat, not join them, bring balance to the economy, not leave it in darkness.
let's go to the comment section to see what the experts think!
irresponsible and greedy. we are trying to create a better money system, and then these jokers come along and create a bubble
yeah, the tether crash is what i’m betting is gonna cause the start of this bear market. we shall see, it has to collapse……eventually.
if you cannot mint bitcoin out of thin air, you mint a shitcoin out of thin air and convince people to sell you bitcoin for it in return. i'm really more mad at myself for not doing it than i am at them for doing it. the joke is going to be on exchanges and whoever else fell for it.
*"they cannot keep getting away with this!"* wait, actually it seems they can
digital printer go brrr
damn it, tether is really like a currency that came out of alice in wonderland.
how else would they print it? if there wasn’t demand for it the price would crash. what incentive would they have to print it without collecting value for it? therefore it’s backed. if people are flocking from bitcoin to tether, they have to print more or the stablecoin would suddenly rise in price… god damn tether truthers are stupid…
so why is it tagged as misleading?
guys, we should really not only take this seriously (more or less, given some of the „duh“ replies), but we should _act_. - firstly, whenever it is feasible for you personally (say time-pressure, extra fees, inconvenience, whatever) simply do not use usdt, not even as a intermediate token when swapping some other coins on an exchange. - in addition, spread this notion in a serious, informative way. we all are responsible. if we act accordingly, market mechanisms will sort it out. problem there: _only_ if we act accordingly. so goddamit, do it!
i’m not understanding crypto at all now . if it’s a new currency why does it need to backed by cash currency ? isn’t the whole point to move away from cash ? what is bitcoin backed by ? i need a eli5 . sorry for the dumb question
no one is going to see this but i am so tired of reading about tether, i just have to say some stuff. 1. tether has recently had their reserves audited by a well known and respected global accounting firm, the document is [here]( 2. tether was recently investigated by the new york attourney general about these claims. tether was found guity of not thisclosing a , but nothing even close to the grand conspiracy you are claiming. [(source)]( 3. it seems no one in crypto land has ever heard of fractional reserve banking. as of march 2020, banks in the us are no longer required to hold any cash reserves on transactional accounts [(source)]( why are we holding tether to this unrealistic, and frankly, stupid standard? 4. can we please, please cut it out with this garbage arguement. it's getting tired.
bit coin gonna get recked from this
crazy! the digital version of the fed!
i am not sure you understand how this actually works: tether mints usdt in order to keep price of usdt = 1 usd. if the price of usdt goes up they must mint more to keep price at 1 usd, otherwise it would appreciate above 1 usd and vice versa. when they are minting new usdt they sell it to whoever wants to buy it for 1 usd... therefore they get 1 usd and decide what to do with it. simply holding it would be economically dumb as it does not generate any revenues and they would not be able to cover its expenses. so they invest it in stocks, bonds, treasury bills, etc. you can see their balance roughly here [ it was audit as well.
taking a lesson from the fed on how money works i guess
all financial institutions are based on nothing. no major banks hold cash to cover their claimed assets.
load ze tether fud load ze china fud load ze america fud load ze eu fud load ze turkey fud load ze india fud repeat the prohcess he sold ? print 1 billion tether end bump it
tether is back by tether
why is this post marked as misleading?
bitfinex'ed here. tether is the largest financial fraud in history, and the largest ponzi scam in history. the crypto currency community has vastly underestimated the tether fraud. tether fraud is no longer some 'conspiracy' by some asshole on twitter (me), the tether fraud has been sanctioned by us state authorities and federal authorities, and cited by the sec in both of the recent etf denials. if you want a bitcoin etf, you have to get rid of tether. the community has to abandon all tether exchanges, liquidate all of their so-called 'crypto assets', that have been inflated by the tether ponzi (all crypto), or tether will do it for them just before they are shut down by the government. tether has been banned in new york. tether has been banned in canada. tether is about to get banned in japan. (proof: when i started exposing the tether fraud, they had just around 50 million fake dollars in april 2017. the cftc has stated that tether was misrepresenting their reserves starting in june 2016. tether has been a fraud since then, and the fraud continues. crypto markets have been subjected to countless ponzi scams (in fact, bitfinex was founded by a ponzi scammer), the ponzi scams are ruthlessly defended by the communities until they implode. tether will implode, inevitably.
i have the math and programming skills to understand most of the common crypto currencies; i gave a tutorial once where i went through a single hash on a whiteboard. this probably puts me into a 1% of the population level of knowledge of how this stuff works. guess what, i do not have a clue as to why the mined currencies have any value at all beyond it being so fantastically complex that the people who are all in on this stuff are not only walking around a minefield in the dark but they are blind as well. but somehow they keep picking up stacks of . once in a while they hear an explosion in the thistance and then think, "oh, that must of been the last mine in the whole world. i am super safe now." i suspect if you could resurrect ponzi and explain crypto to him he would say, "that is total bs, nobody would fall for that." then he would think for a minute and then go, "oh, i guess as soon as the first fool got rich the rest would rush in." exhibit a) the crypto currency named monkey jizz.
when tether inevitably collapses, the whole market will enter probably the longest winter we’ll see in a long time. dot com level crash.
what proof do you have that it came out of thin air? tether is a business which sells usdt to clients who want it. i think the assertion about “thin air” is going too far if you can’t back it up. sure, they are trying to make bank (by investing)on the cash people are using to buy it - no problem with that. however, it needs to be done responsibly and in a way that doesn’t get caught in a collapsing house of cards if there is some other market event that causes a run on usdt. i agree they are being evasive and putting the whole market at risk.
this is why we need a limited supply crypto coin that remains deflationary over time.
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i̇f crypto thisappears one day , its going to be because of tether
the fud we need - because it’s a legit concern. trade your tether for usdc.
bitcoin crash from 55k to 28k in matter of week kind of proved that tethers strike prices are way lower and can withstand lots of volatility.
wait, you mean to tell me this shitcoin is still a shitcoin? well i'll be damned.
there’s already been an investigation into tether by the southern thistrict of new york. the southern thistrict of new york will literally check your asshole when it comes to crypto and gave tether the okay after a settlement was reached between them. tether fud has always been around (for years) but isn’t usually brought up until things get bearish or they stumble across a certain bearish ct guy.
the secret is that 'actual cash' also is not backed by anything
the fiat was coming from inside the house all along
so what are y’all going to do ??? hodl or sell ??? sounds like mass fear to me …
look into fractional reserve banking and understand this isn’t a new practice. does it make it less shady? no. will it cause a meltdown? probably, but my bet is it won’t as soon as everyone here seems to think.
it doesn’t matter. as long as everyone agrees it’s worth , it’s worth .
cash is worthless anyway so whats the difference. this sounds like more of the same bullshit we already have with usd.
i thought tether was being investigated for this?
tether is backed by...tether. 1 tether = 1 tether
so in other words 1 tether is an exact representation of 1 us dollar.
serious question. how do you know what they just printed is not backed by real money?
my opinion on this new meme coin is that ,it has not even broken 1 dollar each and its depreciating about 5% a month. not a good meme coin to invest in. wouldn't put my money in it
why i am holding so much in cash right now. at some point this will become a huge market event and everything will go on sale .
magic internet money at it is finest.
how do you know this 1,5b are not backed?
every time there is a dip, people start talking about usdt again in an attempt to exaggerate that dip. like clockwork.
you guys are still on about tether 😂 some things really never change lol
which means bitcoin is being propped up by a bunch of worthless tethers? this is rather scary
isn’t that how the current government there works! just poof! money!!! like it’s some sort of magic show.
**what likely is happening, is the following:** \- there are 3 big players taking most of tether's (ca 70%) business/"market cap". those are big funds like alameda research, market makers, futures providers ([ \- likely, they just promise to pay it back later. this is likely the famous "commercial paper" which are basically unsecured loans, they make up most of tether's "reserves". \- likely those funds use thethers to make market. **why both parties do this:** \- tether can issue tethers out of thin air, and can always say that it is backed by the promise to pay (quite similar like normal banks do, but no normal bank would give so much leverage in ). \- tether also likely is getting quarterly"loans" e.g. they issue , get no cash to back it up, just a promise to pay (aka commercial paper), but they get e.g , this interest payment is in real money so you know they can buy yachts and shit. \- the mentioned funds have basically free cash, because people accept tether same as they accept fiat in exchange for crypto. so they buy up crypto on the huge leverage. risk is also limited because tether is not a normal bank, and commercial paper is unbacked. so if they win they win big, if they lose, not much happens to them since they are cashing out in private bonuses along the way. \- moreover because 3 funds might know how delicate the situation is, they might expect tether to crash at some point, and then they will keep their crypto (bought with out-of-thin-air tether) and will never pay back the tether (or buy it for 1 cent on a dollar once it crashes) **how it can go tits up:** \- people, realizing it is not backed and that it can go down any minute. \- this can likely happen in big bear market, when crypto crash and people will be selling (but little folks will be buying), this might force some players to go directly to tether to redeem tethers for usd, at which point they wont be able to do so. \- last thing is the potential manipulation by big funds, since likely, they have bought(microstrategy has like few billion in crypto they have 10x more - with tethers funny money). they could crash the market if their overlords decide that. ' edit: typos (probably more to go)
this one is my favorite. ^^^ >with , and 50% more usdt on the market since, tether presumably has . the entire commercial paper market in the us is around . >we’re supposed to believe that tether somehow holds 3% of the us commercial paper market at time of writing, and that they apparently bought 1% of the entire market in the last month alone. this places them among titans of finance: > **if considered alongside on and offshore prime money marketfunds, the tether fund would already be in the top ten. more cash, google, microsoft and morgan stanley hold.** so it is hilarious to me that they just created an additional 1.5 trillion $. i am bearish as fuark on tether. this is going to end up being a problem at some point and this investigative journalism is the writing on the wall that crypto buyers should not just ignore.
>in the last 24 hours tether, the creator of usdt, has minted ,500,000,000 worth of usdt out of thin air. ' usa: oh wow, that is crazy \**looks away nervously\** edit: it was just a joke you guys
if you believe the op then you should sell all your crypto right now and never go back in again. if you want to learn, then do a simple google search on how tether works. some commentators seem to think that tether can just mint tether and this somehow drives the price of bitcoin up. only central banks can print money out of thin air, tether cannot do that. to mint one tether, someone has to give them 1 dollar. so the money they receive is real. the problem with tether is not in the minting process, it is what they do after the receive the dollars, ie., do they convert it to commercial paper, do they lend it out to risky borrowers, etc., etc. they do these things because commercial paper and other lending has higher interest than just parking cash in the bank. the other thing i need to point out is that a lot of tether gets printed during market crashes - so people are using tether as a safe place to park their money. a lot of commentators say that when people want to redeem their tether for dollars then tether might not be able to come up with the cash to return to these people, thereby being a source of systemic risk - but note whats going on here - people want tether during risky periods in the market, they redeem tether when things get better. so you do not get a situation where crypto is crashing and there is huge redemption pressure. these two things just do not happen at the same time. don't get me wrong. i'm not saying tether is completely clean, i know they have a very checkered past. but this post is just wrong on so many levels.
this post is poorly written, technically inaccurate and exaggerates the lack of accounting and backing of tether... you could call it hyperbole, but then again tether deserves this type of "reporting" (inaccurate and incomplete information) if only because of their seemingly unauditable position and over generalized silly pie chart "audit"... ("commercial paper" is one such overly generalized claim of what they have backing the tether peg)... there are good reasons they were fined over 18 million dollars by the state of new york (hard-ass bit license highly regulated state)... this post certainly begs the question of the chicken and the egg and which came first; regulatory reform could outline a pathway and timeline in terms of creating a tether and when and how it can be backed... i assume it is a matter of tether having them waiting and ready and put into the market when they are actually purchased with fiat...
nowing this, how can investors actually want to buy usdt ?
a tether crash would make the current crypto “crash” look iike a tiny blip. absolute mayhem would ensue
i love how some internet rando´s can post shit like this as if they have any inside on this info or subject ...
why is it tagged as misleading? i read through the major comments here and there is nothing misleading about op.
when tether mints usdt, it does not mean all tether is deployed to use.
can’t wait for coti to launch djed
i've been in crypto since 2017. even back then it was well known that tether was a huge scam. nobody has ever done a thing about it.
what does this mean for those who hold any usdc or another stable coin that is not tether?
anyone who lived through 2008 knows how this movie ends.
honestly this is scary
looks like they have decided to match the federal reserve dollar for dollar. what's good for the goose n' such.
tether code goes brrrrrr
i’ve been waiting for tether to get taken down for the past year. don’t think it’ll be too much longer.
they are really taking the us in usdt to heart…
so the bear boomers were right all along
if you think the dotcom crash was dramatic, wait until you see the aftermath of this one.
what i do not understand is why usdt continues to seem to be the choice when it comes to exchanges offering a stablecoin... why is usdt so popular? i mean, even if exchanges want to claim the fud surrounding tether potentially could be untrue, why take the chance? why not go for one of the many other stablecoins? what is it about usdt that seems to keep it so much in use despite repeated sketch things coming out about it?
not gonna lie this is scary
but at the same time, almost everyone here uses tether, it is the best compared to other
i wish the tether bubble busts asap so that we are done with it and continue the crypto journey
so i guess the biggest question is: what's the best cold storage wallet?
the only reason i think people buy usdt instead of usdc is basically greed because of the better staking rewards, when usdc is *much* more audited and vetted, and you can still get 9.5 percent apy
tether is going to cause a serious crash, it is not an if but a when, i just hope it does not ruin the legitimacy and reputation of the entire crypto universe permanently...this is serious, serious stuff that we will have to deal with
in 24 hours they printed 1.5b out of thin air and claiming it has value, sounds familiar to fiat 👀
money minter go brrr
just a fed reserve but with extra steps and even less oversight
copying the banks i see.
what is the safest stable coin to keep your crypto in?
all banks do this. a bank creates money against assets. that money never existed before but the equity of the bank stays positive because the contract and collateral backing the money is worth more then the money they created using double entry book keeping. the question should always be. what are the assets backing the tether. are they liquid and likely to be worth what tether says they are worth?
burrr... burrrr... pamp it. pamp it
this is how crypto fails…the layperson and most legislators won’t know the difference between coins and will blanket fuck them all.
there is only 2.1 trillion dollars of actual us currency in circulation. a vast majority of wealth is fake and not backed by anything. a single company could wipe out nearly all currency if they tried to cash out
complete noob here. would busd be a better alternative?
bogdanov: "print 100,000,000 tether and pamp it"
i dont know who is worse. tether or the fed?
so did the fed on a multiple ;)
if it was backed by dollars, what would be backing the dollars that were used?
that 2.9% does not make sense. i've read the article and it looked like it was made by someone from high school. literally look at the pie chart, it is not only the 2.9% backed in total. you all are getting played.
in case people didn’t know already, tether is run by [sketchy individuals ](
usdt's become the very thing crypto swore to destroy.
usd and usdt both equally shady
bullish on luna? lol
tether is and always has been a shitcoin. imo long live. ltc, btc , eth
doesn't look like it is going to be a 'stable coin' for much longer.
th fact it is on tron adds a little extra to the sketchiness
if the fed can, why cant i? - tether probably
tether is the reason i'm investing in s&p500 now. if tether causes crypto crash, i'll buy again. still dcaing small amount and obviously holding.
just like the usd haha
holy fuck what a shit show!
so does tether or evergrande collapse first?
in third world country like philippines we used (buy and sell) usdt in p2p because that is the cheapest way to acquire crypto, bank transfer to the seller>usdt>exchange to limit market for crypto. we really need an alternative here binance help us have our own ph peso in the market or atleast dao or any other stable coin for p2p
someday, usdt will fuck all of us.
probably a bank with access to money from the fed. i doubt anyone would look the other way if that much fake money was being created.
so unless is us approved is not a secure asset ? do you see the irony?
in other news, actual cash is created out of thin air and is not backed by anything either.
fyi - you could theoretically just create tether (or anything else) "out of thin air" - by simply backing it with debt. the exact same as banks do with your home loan, or credit card, or whatever else. you can back assets with debt promises instead of actual cash. i'm no expert on tether and i do not know how they operate, but there is certainly nothing wrong (in theory) with backing money with debt.
they were accused of doing the same back when they launched years ago. they claimed they had reservoirs of cash stored in some us state safe but they never had it stored.
why is this post's flair labeled as "misleading"
tether is just trying to keep up with our boy j powell and his money printer.
tether is literally the elephant in the room and makes me queasy... like... the entire domino effect of tether going down is unquantifiable. ... or is it ? how much 'funny money' was used early on to fuel crypto growth ? how much is going on currently ? when or will they ever have a full and transparent audit ? it's insane to me to think the entire market is trusting this 'stable coin' with no transparency ... how did this even \*happen\* ? ???
man, are you gonna have a field day when you learn how the us banking system works
could there not just be increased demand for tether due to a massive dip? people massively selling into usdt during the recent crash thus increasing exchange demand for tether?
hey man do not compete against the federal reserve otherwise they are going to shut you down only they can print magical money from dinner also back by nothing
*laughs in federal reserve printer*
seems like it is popular to hate on tether these days, but just here to point out the dollar is not backed by anything either
actual cash is not backed by anything either. tether is the same as the dollar.
which is worse, usd or usdt?
you mean crypto is not free money?
its a scam until a critical mass of people decide isn’t
how inflation is made in digital money
does this start to devalue all cryptos at some point, not just btc? ' they inject usdt to pump btc, sell off for alts, cash out btc inject usdt, etc. a repeated process of removing value from the crypto market? ' moving into metals?
tether is the main bitcoin supporter.
man i need a computer that does that too🤣
regulation of stablecoins will be brutal but eventually good for the crypto market
tether is the elephant in the crypto room. shitcoin!
they might have better crypto algorithms than from past work of some "american legends aka billionaire celebrities" 1. credit card money algorithms by the old guard fiat us of a banks 2. california style vc valuation of startups that do not do anything for 10 yrs but wait for stock hype for a shitty app that works for hippies so they can buy stuff & be standard granola people 3. govt (!?) backed cartels of banking & regulators that resign from top position of banks& then start ngos, orgs, lobbies, fund raisers etc. 4. stock market logic of hfts mesh network & plutocrats that are popular and can have mortgage as leverage - but wait - they created that leverage for them& then hold onto assets even if its empty nyc - call it reit, etfs and make blackrock as 5. how to make things legal and pave path for the future - example marijuana in us aka how to make everyone high and let them buy toys, bags, shoes, shitty cars etc 6. psychology of perception from mass crowd of idiots 100% hyped real estate &intellectual properties - facebook, travel cards, luxury hotels, tier based clubs etc etc. 7. construction termed as bbb - build back better - how to pour more cement concrete in vertical & horizontal spaces - using borrowed future & still import billions tons of plastic & garbage to satisfy "mental urge" of crowd. 8. how to also label gm, ford etc as "pioneers" in main stream media by buying "spots" 9. how to control crowd using fancy media without actually being there: bezos and zuck, koch, murdoch, buffet, munger & other billionaires that know how social (mental) systems are programmed by idiot logic 10. healthcare cartel& still have merit on stock exchanges oh wait, now they found a virus endemic, so - "lets go" print money through vaccines. although make it in cheap plants somewhere with other cartel:-) 11. lets elect as old fart as possible be a psycho whacko or a normie family guy, make sure his age is always beyond 60, so he do not remember what happened few hours before the speech. control that puppet properly, while the puppet is busy dividing society & probably the rest of world too. 12. destroy planet for pumping oil & gas, make guns, bombs, military and keep holsters ready, while normies kill each other for anger accumulated throughout years watching controlled media ads in all of that shiny looking shitty dream show: a) an old brain normie would be, "fuck this shit" i'm gonna go find another job so i will have 2 jobs, so i will work 16 hours to support my american dream family consumption habits. b) a new brain normie with self declared : mostly born with cell phone in hand & mommy 's middle class comfort (lets call it gen z or millennial for simplicity) i'm gonna buy whatever digital coin the ad tells me on my phone & whatever that good looking podcaster told me few minutes back. i'm smart :-)
all crypto is made out of thin air...
let me get this straight tether created money from thin air, that is not backed up by the money that some other entity also created rom thin air? hmm.
cool. the fed just printed another .
there is a reason why luna is in price thiscovery.
ah yes, the annual tether fud. i began to miss it.
when the usdt house of cards falls where do you think the money will go? ust luna.
we have got to stop using usdt as our go-to stablecoin. switch to usdc or terrausd. anything is better, seriously. tether's acting like some privileged banker.
"there is no finding that tether tokens were not fully backed at all times -- simply that the reserves were not all in cash and all in a bank account titled in tether's name, at all times. as tether represented in the order, it has always maintained adequate reserves and has never failed to satisfy a redemption request," the company said in a statement.
its funny... this kind of minting has been documented many times, there are even documentaries on youtube about usdt. they refuse to be audited and the chairs, owners what not, have criminal pasts for fraud and theft. by minting non backed up usdt they are able to invest it and water down the pot for the rest of us.
too big to fail?
tether will crash the crypto market, it’ll just take another decade of fear-mongering and a couple of bear, and maybe a halvening or two.
im pretty sure jan marsalek is behind tether
well, i'm out. bye tether.
in 90's, in argentina, our president tried to make the argentine peso (ars) value be equivalent to 1 us dollar. this lasted for a couple of years, but it eventually turned into a trainwreck of our economy. i wonder how both of these cases can be compared and what things they have in common. i do not have the knowledge or time to do it but if someone can do it, it would be interesting.
why does this post have a misleading tag? can anyone clarify why it is misleading?
so i’m curious, why was tether, the project, even started? as a money machine for the founders who either did or did not foresee this possibility? and why was it so widely adopted? pardon the silly question but why do we even need stablecoins? to deal with the issue of there being so many foreign currencies and defaulting to the ’s such a standard? are there “stable” versions of other currencies in their countries? why do they exist?
i looked over their financial statement. it struck me as odd in a bunch of places. about a billion in reverse repo notes. maybe there are other things like this but these are usually by definition super short term. also, certificate of deposit? from where. if you can show me a valid cod from say citi for . if you show me a cod from the 3rd bank of vanuatu then i am calling the fraud department of the fbi to see if they want me to wear a wire to help bust your ass. commercial paper? that can mean so very very very much. oddly enough that is on the other side of a repo. also, due to the short term nature of commercial paper you are rolling it over very frequently (often every day). this means that whatever the auditors see on a monday would not be the same by wednesday. repos and commercial paper are parts of a normal healthy financial market. but there is lots of room for super sketchy shit here. when a normal financial institution accepts commercial paper and loans out money it is usually solid companies they are doing this with. but there are lots of companies who would like to get into the repo market who just are not trustworthy enough. for example bear sterns was shut out of the repo market and this blew up their company. if on the day that the financial types shut them out a weird company like tether said, "how about this? we will loan you 500 million but you give us 6 billion in commercial paper?" i think bear sterns would have accepted that offer. now tether has 6 billion in commercial paper that probably is not worth the 500 million they "paid" for it. they are also never getting that 500 million back; ever. of course it could be even worse. it could be self dealing; so now one of the insiders has 500 million parked in some dark corner of the banking world (in real money of course). or they put a condition on the deal, "we'll throw you an extra . " these two(commercial paper and repos) alone are big enough red flags for me not to trust any of the remaining statements. they say, treasuries. great. are they leveraged? who's treasuries? us or vanuatu again? this all reeks of a bullfighting ring's giftshop worth of red flags.
can someone explain how tether could cause a marketcrash if it only covers 3% of cryptos market cap? even if none of it is backed, it should crash the market by only about 3% or no?
all stable coins should be backed 1:1, the point should just be to facilitate the transactions and movement from conventional fiat to crypto and help speed the process up on exchanges... a mess like this should’ve never happened
the whole market is just made up money. none of it exists really. if the entire world lost faith in fiat today it’s be worth nothing at all, doesn’t matter what it’s backed by.
none of the world's currencies are backed by anything. cash is not backed by anything. tether is not backed by anything. mined coins are only backed by on-chain proof of work, which is pointless when compared to anything useful. all currencies are completely invented and based on a series of forced agreements to participate in a completely fictitious system based on the theoretical meaning of signs and symbols of value.
i can’t wait for this house of cards to come crashing down.
usdt printer go brrrrrrrrr
god the tether fud is so boring. how do you know it’s printed out of thin air? how do you know it’s not a cex asking for liquidity for example? this post is straight up fud backed by nothing but as it’s tether the community bandwagon is on.
cash is not backed by anything either.
of course it is all the vulture capitalists using tether. bringing all the garbage from their world into ours
this will be the biggest scam in the world of cryptocurrency if they rug pulled.
>tether (usdt) created ,500,000,000 worth of usdt out of thin air in the last 24h independently verifiable fact. >nothing of it is backed by actual cash absolute speculation.
i thought tether was a safe stable coin and dcad my holdings into it at target values. then i did more reading into it and noped the fuck out that dumpster fire.
uhhh wait. how tf is it worth the equivalent to the dollar then? i’m so fucking confused someone please explain
how do you know it is out of thin air? care to back up that claim. if not then is a baseless claim with no evidence.
so are you saying tether isnt backed by dollars that itself is backed by nothing? nothing backed by nothing? i guess ill just move on then.
you provided zero proof that its not backed. we just had the 2nd largest dip of the year, its not out of the realm of possibility to think a lot of fiat was sent to exchanges to buy crypto.
good old tether fud.
my guess its about three fiddy at best
ah, the tether fud is starting again? we’ve had china banning crypto, now tether again. next up: binance hacks that didn’t happen and to finish it off, mt. gox coins will flood the market soon.
tether is confirmed to be worth . but the doggie coin lovers that make up most of this sub think tether is only worth . that’s not how it works. people forget why tether was created in the first place. bitfinex could not get banking licenses and the us gov basically banned them from running an exchange with usd. tether cleverly created a stablecoin to get around that bullshit. this is a positive thing for financial freedom.
there is no value to any crypto beyond what the next speculator is willing to give you for it.
the feds are gonna come for tether eventually, and when they do, its gonna blow a hole in the whole crypto market. it'll be good for the space longterm though, weed out a lot of overpriced bullshit.
who cares about tether? ust is better.
your local bank isnt even backed by cash. why should tether?
imagine still talking about tether ffs. why don’t they just print trillions and pump btc to ?? imagine not buying btc because of this tether crap. your sources are nothing btw ?
i am actually embarrassed for the creator of this post, who must be so desperate to contribute to the fud, as if things are not bad enough already. tether fud and the claims you make have been going on since 2018. we care, then we do not care, then we go red and suddenly we are meant to care again. i know this, new people do not. why get them scared? nothing has changed about tether in 4 years yet it survived the whole bear market. if you do not like it alternatives are available, or just stay in cash, which also is not backed.
aaah tether fud. tis the season
coming from africa there’s a lot of people who are slowly not accepting usd. we will take euro and local currency but nobody wants usd. so i would not trust a coin with usd backing. to me tether is only mean as a holding cell for large cap transactions so that you have money on stand by to quickly pull money out and put it back in to manipulate the coins as it would take too long to buy from outside of a wallet.
so tether is doing fractional banking like the big banks do.
another tether propaganda. neither your post nor the 3 "sources" provide any fact that the .5 billion usdt printed recently is not backed by cash.
lmao look at all these idiots thinking that tethers are printed out of thin air.
your sources don’t prove shit. obviously they have to create tether as price . the fact it isn’t backed by actual cash isn’t necessarily a problem if it’s backed by sufficiently stable and liquid assets (i.e. cash equivalents). i’m not saying i know or have proof that it’s not a ponzi, but you are just speculating and spreading baseless fud.
tether is very different than the dollar. for example. when there is a crisis, the fed creates dollars out of thin air, then buys assets to stimulate the dollar economy. when there is a crisis, tether creats tokens out of thin air, thn buys crypto assets to stimulate the crypto economy.
"tether is printing unbacked monney again" come on just stop. nobody cares and if anyone cared, they wouldnt do anything but cry about it like you do.
does anyone need more proof we’re in a bubble about to pop? i mean just… *gestures broadly*
i mean, in all honesty, if i could make money out of thin air like tether, i would too ...
i use it only for transfers. i use usdc or busd as stable coins
amazing something is given value based on nothing. only doomed in the long run. make your money now and bail.
is it possible for tether to slowly be phased out by better options?
do your part and move to other stablecoins. personally going with busd.
this tether story has been the main fud i hear about the crypto market. if tether goes down i’m sure it’ll wreck the market but not collapse it. an 80% nosedive will be a true test of everyone’s “diamond hands.”
this may sound dumb, but throughout the entire crash tether was valued above a dollar due to volatility. something like 1.006. may seem like nothing, but with a market cap of 72 billion it adds up. could they not have sold into fiat or transferred funds to increase their cap?
yes load the tether fud!!!! oh yeees
coffeezilla did a great video about tether, they apparently have the worlds richest employees by a long shot - if i remember correctly, the average net worth of their employees is around 2,5 billion - link is here
crypto not backed by anything? ohh no he is on to us shut down the exchange, we're ruined! 🙄the majority of crypto is backed by jack shit.
i thought it was proven a scam years ago?
so tether operates in a fractional reserve kind of way? is that actually alarming? it's exactly how every bank operates is not it?
bro is the dollar any different?
i see more tether did is on the table. shills wanting a crypto crash to maximize their portfolios. garbage...
breaking news: token is manufactured and thistributed like a token; confirmed not to have any value or be backed by equivalent currency. first reported by chuckie cheese's arcades in the 90's.
if usdt goes bad (only a matter of time) guess where all that money is going to move? another stable coin? maybe but not for long. a lot of the value will be re allocated to btc, the only crypto that can’t be manipulated or corrupted (at least extremely hard to corrupt)
a lot of demand for stable coins right now as investors are heavily buying the dip adding to their bags, tether has to issue the coins first and then back the newly issued coins by a 4 to 1 ratio thereafter, it’s not 1 to 1 but it’s much better than the us dollar backing ratio, non issue.
why does everything have to be manipulated? why cannot one thing be real. fuck's sake man. thanks tether.
usdt is worth 1 usd per token because others think that usdt is worth 1 usd, it does not have to be more complicated.
a bit like the government then?
what if satoshi is actually banksi and he has a master hash key that will unravel the “chains” like threads one day 😂
tether will be the reason for the next bear market and the collapse of crypto as we know it.
wait until someone tells you guys that all crypto literally has no intrinsic value, and it’s always been a house of cards built on what people think it’s worth. you guys are getting gamed by people with way deeper pockets. who are trading you their invented money for your real money. crypto has its place, but it’s so full of scams. this is one of them.
i've always been a hardcore holder. through crashes and aths, i always believed crypto is an inevitable evolution of payment systems and store of value. this is the first time i'm seriously considering to liquidate my position. if price goes up near ath i'll probably sell more than 50%. it's not much, but my risk perception has been radically changed. fuck tether.
the big short 2
"crypto is the future", lmao. this whole space turned into a joke.
are we fucked? is this going to fuck us?
it’s crazy because the fed does the same thing! shocked pikachu
i cashed out, until tether collapses i probably would not buy back in.
i am a crypto noob but what i have seen with a coin that went from nothing to relatively successful is the owner sold a load of coins to fund marketing etc. just felt weird that they have millions of a coin that everyone else has to pay for without putting up any cash themselves. on the other hand nobody is forcing people to buy their coin so god knows.
bitcoin has been crashing, likely due to people waking up and realizing they don’t live in el salvador so you can’t fucking spend it on anything. imagine if you had used it to buy a tesla a month ago when it was ,000. the company would be taking a ,000 bath. corporations would be idiots to even consider accepting bitcoin as payment for anything.
you guys need to stop using usdt and start using 's
i mean, neither is doge or shiba
tether is backed by hopes and dreams.
are we still doing this? these posts haven’t changed for like 5 years.
move over to ust instead.
let me introduce you to ust
tether money be like: ![gif](giphyatoq1q48fzrhalvpbt)
crypto is just as centralized as fiat money, hope all of you crypto bros enjoy speedrunning why we have banking regulations
you guys do realize that this is how actual cash^(tm) works too, right?
so it is all a scam. fuck my life.
usd is not backed by anything either, so.
just out there being stable propping up an entire ponzi scheme. the scary people is legitimate funds are starting to put money into this shit. crypto is going to be the catalyst for the next major recession.
tetherfud have to be the mpst reused fud of all.
tether printer goes brrrrr
load the tether fud!
and what is cash backed up by? lmao
the pot calling the kettle black. everyone saying the u.s. government at least backs up the dollar. fuck the government. the people back the dollar and if they want to back a fly by night ponzi scheme instead of a currency not backed by anything except a politicians promise, then fuck them. keep trying to bring down the digital economy and keep telling everyone we're better off getting our money stolen via fees the banks charge us after getting bailed out by the american tax payers. i'll take the ponzi scheme to eliminate middle men syphoning multiple industries just because. laws made requiring us to purchase the services of middle men to buy cars, rent and buy homes that need other middlemen to "inspect" it all for more fees. fuck all that. give me the ponzi scheme where i can at least look up the transactions myself and use the blockchain to do it all myself without wondering who is fucking me harder. we get to keep more of what we make. don't give me any shit about how much of a scam it is. overinflated? sure but not in the grand scheme of things. the government is useless. politicians have become actors who all star in their own dramas when their on tv and they get paid to be blackmailed and fuck the american public. now we should trust them when they say crypto is no good? yah ok.
obviously a lot of people bought a lot of tether on exchanges in order to buy a lot of bitcoin on monday morning. the best thing is, you do not need to ask me how i know this or need to verify it any other way, as my first word indicated, that it is obvious.
so tether is guilty of doing what literally all governments do. why are we so upset at only tether again? the us printed more out of thin air this year and nobody is boycotting the dollar
i do not get why anyone in their right mind would ever trade for this obvious scam. i am by no means an expert but if my 20 minutes of research showed me this was a scam how is it that people are trading millions into this coin without even doing the minimal research? it's not hard.
which stable coin can i use now?
i ll go with ,! i really thislike the whole tether thing!i also hate the fact that dexes still use usdt!i think we could all as community dump on tether and get rid of it from our portofoli!
private fiat money. genius.
how does tether get away with this and does not come crashing down?
cue the 1248473737283 posts saying "money printer go brrrrrrrrr."
who do they think they are??? the us government???
usdc is fine though right?
sounds exactly like the fed. they've been fucking up the dollar for decades now.
so create fake crytpo to sell as cash to survive your margin call?
so its basically same as fiat currencies, just without governments backing it.
you see the "sources"!!! take fucking note reddit. i wish more people would do that for their posts. it would help with the io issue assuming they are creditable. hey! there is an idea! can someone write a bit for ?
it sounds as shady af, to be honest: was not there also a story about some suspicious funds (china-based?) behind tether, as well?
isn't that what most people would call a scam...
at this point tether is just a parody of the fed.
the hell you think bitcoin is backed by. if people believe that a usdt is worth a dollar, then it is. it's magic internet money. probably better it is not backed by anything that has mad inflation... like say, usd.
what’s tether? i’ve been seeing it more and more
do not trust tether. i started investing in nfts for fear of the market crash that would occur if usdt vanished overnight (which very much could happen imo).
so its just like the dollar? which is backed by trust in the government? except tether is a private company. the dollar used to be an iou gold. now its an iou an iou nothing.
bullish let's fkn goooooo pump it up
so...it is following the same guide lines as the fiat we use for the crypto huh? so nothing new. got ya.
pretty sure every time we see a tether pump we also see btc follow it
where can you see that amount of tether created?
makes sense, tether holds assets instead of cash that appreciate in value.
as long as people believe 1 usdt = 1 usd they can print as much money as they want, and it does not seem like people will ever stop believing this. they did it, they broke the system. tether is now the second largest printer of dollars.
ok, but how does it actually work? let's say you have (in your bank account) to invest in btc and your exchange only has the btc. how does tether work?
you must have missed the 67 other times this has happened, all the youtube videos explaining how none of it is backed, the dozens of people explaining that also in r, etc. coffeezilla's video is a good primer on how tether works (or does not work).
if tether crashes then god save the crypto.
obviously they mint them from the same source as the usd - thinnest air in existence.
>,500,000,000 >nowhere it is documented where the money which was just created comes from gee, i wonder why.
they are just acting like the us government!
good news everyone ! usdt is likely to go tits up and it will cause the perfect shit storm.
plot twist nothing ever was backed by cash...
why does everyone on here sounds like such a boomer when talking about tether. why would they hold worthless usd that’s being inflated 30% a year? this whole sub hates usd, why would tether hold it
let’s blame the inflation of the usd on tether
i do not mind a temporary crypto market crash. hopefully, sooner than later though. i have some plans for investing a bit more in a few months, so if it crashes before that, it would be nice.
i really hope tether gets their shit together because if they go down it is going to be a thisaster for crypto
i mean it is not like the usd is backed by anything but faith lol if you believe hard enough it is the same thing
just like all other crypto backed by nothing
tether is and always has been a shady scam. they still have refused to be audited and are even paying a free i think for doing similar studd
where did elon fucks 9 billion tesla stocks go?
this has been going on for so long, i’m not even phased anymore. if they don’t collapse who cares, if they do collapse it means cheap btc. win win 🏆
what lunatics are selling tokens with actual value in exchange for this toilet paper? it's worse than selling for actual fiat. i've got some monopoly money going if anyone can put me on touch with the bitcoin selling lunatics.
why fud? let's pump the market.
looks like the federal reserve has competition
this keeps on coming up and you're probably right on all points. but honestly i do not give two shits what it is backed by and i'm not sure why anyone else does either. i just care that it is there and has been accepted to a point that it is now ubiquitous in the crypto world. you see we place value in it for enabling the liquidity for the investments we care about. and we place value in it as an intermediary transfer from point a to point b to then swap for the investments we care about. you know none of you go "ooh i got this usdt because it is backed by real assets." no, you get it to enable your swapping for something else. search your soul. you know this to be true. nothing in the crypto world is truly backed by anything.
usdt is pulling a usd 😎
this is bad and sad for cryptosphere!
legit question, how would coins be traded without a usdt base trading pair?
*polishes tin foil hat* things are about to get bumpy
i really want to hear michael saylor and el salvador's president even say the word tether, and better yet, actually thiscuss it. but then again, it is not their own money they are buying crypto with, so i guess they do not care
if tether crashes the crypto market ill just buy more btc and eth so
that's how we do. ethereum 2.0,,, nah!!! we need fed 2.0 cryptostyle. this money printer go brrrrrr brr brrrrrr.
they want to replace the us printing machines, what's the difference?
is there a platform that you can short tether on?
the only way i could see a stable coin being doable is to have stable coin providers (usdc, usdt, etc), be the on-ramps to crypto, not exchanges, and exchanges could only accept stables.
this is what scares me off of taking refuge in a "stable coin".
hot take: tether is fully backed and everything is totally legit and we have nothing to worry about.
correct, assurance is not the same as audit
they did this to compensate for all the usd that was printer over the last 12 months
so pretty much it doesn’t matter what kind of market it is there is always some kind of f’ed up f’ery where the super rich guys are screwing over the little guys.
isn't it possible that this is in response to hundreds of billions of dollars being sold off a couple days ago? i'd imagine a lot of that money was used to buy usdt. if that is the case wouldn't more coins need to be issued to keep the price stable?
wasn’t the senate supposed to do something about this, hear from tether by december 3rd?
everything flowed in sync when tether was backed by usd, but buying other assets. i mean, inflation in the usd is the highest in decades, so tether would have to print an equivalent amount to keep its own value in line, right? that's the whole point of tether is that 1 usd = 1 usdt. simple and exaggerated example: so if 1 usd used to buy a loaf of bread, but now only buys 1, tether has to lose 2, to keep that 1:1 ratio.
actual cash is backed by?
this is not right. someone should held accountable for this. it is ethically wrong and would hurt the crypto space overall. this news will erect the sec
tether crashing would be spectacular for bitcoin. having access to unlimited fake usd is the reason that crypto crashes.
i've seen some people compare the current crypto bubble to the sub-prime mortgage bubble. anyone think that is a good analogy? what would happen if the bubble busted in a similar fashion?
what desperately needs to happen is that tether usdt needs to lose market share to other superior stable coins, so that when its day of reckoning finally happens, the damage to the wider crypto market will be less severe. it will be a big deal whatever happens, but the lower usdt's market share the better for containing the damage to the wider crypto market. usdc has it is issues but is infinitely better and algorithmic stables like ust is better still. these stables need to grow at the expense of usdt. one thing i've never understood though is that so many exchanges only have usdt trading pairs, which often forces you to use usdt even if you would rather not go near it. please, please exchanges - have other stablecoins in your trading pairs!
here we go again. what's backing the dollar or pos coins? nothing.
to me i think the issue with tether is the simple fact that they can just *create more tether* as they see fit. that's what the fed does with the us dollar. crypto is no different that fiat currency if it is not built on a stable, unchangeable, secure process to mint new coins. if new coins are minted willy-nilly what's the point? i already have a bunch of that kind of asset in my wallet.
tether is the gift that keeps on giving this holiday season
tether is the fed of crypto, they need money they print.
tips for a good stablecoin? thinking dai but everything is "bad" these days.
make them 2.5 billion
it’s called arbitrage trading. there are actual institutions minting tether in order to do that.
well, see you all in three years ✌🏻
they're kinda like a bank. banks lends more money than they have, which works fine 99% of the time, because not everyone that has money in the bank are gonna come knocking for withdrawals at the same time. likewise with tether, they can print as much usdt as they like until everyone comes wanting to cash out their usdt to fiat. so tether would not be the cause of a crash or any form of armageddon, but it can severely worsen a crash if people panic. consider the crypto market to be greece and tether the banks.
no one has explained why we need tether or stable coins and if you ask they evade the question. what is wrong with usd -> crypto currency of your choice say btc -> usd why do we need middlemen fake "stable coin" tokens? i can buy stocks, online purchases, goods. other exchanges are straight usd -> crypto -> usd biggest scam and rugpull of 2022.
couldn’t care less. just use other stables and be ready if the market would drop because of tether, in my view only a short term correction with low probability.
and this is why i support usdc and even dai.
well shit this is not good
they cannot keep getting away with this
well what can i do? i, already , dont use tether.
there was an investigation into this a while ago. the report couldn’t have been more shady. unfortunately this didn’t hit mainstream and people don’t understand how a lot of these systems function. it’s just seen as a quick way to make money and that’s all that seems to matter.
buy only bitcoin. tether is centralized and backed by people who own you. that is it for the day
maybe the terra rally is due to the market fixing this usdt crap by migrating to ust
thether is a bubble yet most crypto exchange has thether as a pair for listing i do not get it whyyyyyyy gwei
the good thing though: bitcoin usually pumps when new usdt are minted.
wish i could make that much out of thin air
shhhhh! you're gonna ruin it for everyone!
hmm it is that time of the month for more tether fud i see
the thing that worries me the most is, i've yet to read anything that debunks the usdt fud. i would certainly hope they wouldn't be stupid enough to keep fraudulently creating billions of dollars worth of usdt given they have been in the hot seat before and with all the other shit going on with regulation and whatnot. no doubt if this unravels it would absolutely decimate the market.
they just had their backing claims checked by an outside firm.
everyone need to stop using this shit coin asap.
tether is pretty bad at it, but i think all stablecoins are more stable in the ideas of their makers then they are in reality because most of them are not sufficiently backed...
lots of questions. is this really as egregious as it’s painted here. personally i am very concerned with tether backing but tether has been under regulatory pressure lately and i would really be suprises if they did something*stupid* in these crucial times. secondly there is the question about what “minting” really is. i mean i understand the tokens were created but where do they go. if there’s a release schedule, i’m not seeing confirmation that simply minting it means it was used. it might be simply be more practical to mint them but not release them until they’re (somewhat) backed. is this more like a direct injection of inflation. or is this more like the mint having a warehouse full of dollar bills waiting so they don’t have to print everything all at once when they actually need it.
can someone do something about tether, ffs. this is getting ridiculous.
this is not even a problem for tether or crypto in general. this might be a world economic problem once the bubble bursts
meanwhile the federal reserve laughs at these bloody peasant numbers
makes sense considering that is exactly what they do with actual dollars.
a lot went to binance per whale alert.
isn't it a known fact at this point, that tether shuffles 'money' to ftx whenever they want to scam their customers again??
ok, so the tether fud goes on and on and on. all you can do is a hold a nice pile of cash for the inevitable big dip. otherwise what do you do, sit on the sidelines? this is a problem without a convenient solution.
start using usdc lmao
tether sounds like the fed… just stop using tether if you can. move to ust
it’s time to focus on coins that have limited supply or burn really fast. we can’t have unlimited supply, that will only benefit the founders, while investors lose value.
do you realize that real banks do this too, they do not back every dollar, they actually back 1 tenth of their entire supply.
it’s time to adopt algorithmic stable coins like djed and sigmausd
how is tether making money?
its gonna be so exciting when the whole tether thing blows up, finally ill be able to spend those 100 usd i saved to get a couple of bitcoins
so much concern about regulation in the crypto space but equal amount of concern about fraud. you can’t have it both ways, this is a prime example of why some regulation is necessary.
prepare for a even bigger crash.
load ze china fud. *switches cards* load ze flu fud. *switches cards* load ze burger fud. *switches cards* load ze tether fud.
hey uhhhhh guys what do we think will happen when this house of cards falls?
have we still not sourced tether back to the creators yet? i know everyone is sketchy about them. i accidentally bought some mistaking it for usdc and immediately swapped.
how is it different from the us government?
the us gov gets to do this kind of thing because they can leverage assets. for crypto to stay viable there has to be audited and staked value. this is not the first time they have created liquidity to support prices, and that is not a valid model. teather needs to get it is fking shit together.
crypto continues to look absolutely like in the early stages, feds regulation coming in heavy at some point
i mean it is backed more than the bank money 🤣
like father like son.
tether is going to be obliviated... they are hooked to evergrande!
if tether collapse, would not that make bitcoin stronger?
how can anybody this making money out of thin air dosent have consequences. wow
.2t. if usdt was totally thissolved it wouldn't be great but it wouldn't be the end. other stable coins and cryptos would engulf it over time.
nah, it is just jerome powell doing his thing in crypto
something back by fiat always leads to problem
so this is essentially a company acting like the fed. this is extremely scary for the entire crypto market.
you mean its all fugazi?
hyper inflation has been a factor in war in the past. remember a story about germany in the 30s(i think) and a person a wheelbarrow full of paper notes (money), and they got mugged. the muggers left the money and kept the wheelbarrow since that had a constant value
sooo tether is the one who pumped btc
it's not like "actual cash" is backed up by anything either. and they print that shit like no tomorrow too.
how do i do this? if they’re able to just get away with it i want access to the infinite money cheat too
is this going to make bitcoin worthless?
basically there are not enough real dollars if everyone tried to cash out their usdt, meaning most peoples usdt will be worth nothing, the tether bomb explodes and thats when the crypto market sees the biggest crash in history its really scary
so tether is a ponzi scheme then. retailers are transferring actual cash into tether in hopes of the high apy, when in reality they are just getting money from another person. can't get enough people in your ponzi scheme, eh? solution: make more tether from nothing and keep the high apy payout.
i've never bought a usdt... is this a good time? will it moon?? moooooooooon!!!! (ノಠಠ)ノ┻━┻
this is like a cheat code where they print free money and buy cheap bitcoins, man i gotta make me one of these.
sorry but i want tether to crash and burn. fuck them.
how is it still trading at ??
nothing new tho... tether made investments rather than having cash reserves
can anyone explain to me why people use usdt insteads of usdc even though they are aware of this ongoing issue
what good substitute could be...i have lots in usdt
ummm the us government does it all the time
why not more usdc trading pairs? i’m more likely to use usdc whenever it’s possible. it’s almost to a degree an incentive for me to buy coin with usdc trading pair over without e.g., one over ftm on cex.
this is just a money multiplier effect. mundell-fleming not impacted as they use the fed. the system is ok
it’s a general problem in crypto. the symmetry of power is stupid. the devs are the gods when it comes to shit like this and the users are the slaves.
tether is nothing but a broken arrow
that is why i only trust these legit stable coins - usdc gusd and the pax one.
just like the usd is represents then…
coins like btc, eth and nano will continue to rise over time due to these dynamics
the world economy vs one tether boi
is tether printing usdt to buy bitcoin? say, during a dip, they magically give themselves .5bn and acquire that much bitcoin. this feels like it has the power to destabilise the entire crypto market… regulation of stablecoins by proving capital solvency requirements might be a good idea?
just like everyone else.
this hurts the crypto market as one of the key draws for certain coins is that it is a hedge against inflation. not a good news imo
coffeezilla did a couple episodes on this very same thing :
crypto is never backed by actual cash i thought
question: let's say tether crashes and with it the whole crypto market goes down 80% or 90%. will my usdc coins still have their value or lose value because of liquidity problems of the exchanges?
at this point what are any of us doing except just hoping no one takes all our shit
it's like i travelled back to 2017
so we can expect 26% future dips minimum
tether looks at the federal reserve and says, anything you can do i can do better.
why do we still use this air? it's everywhere.
no cycle can be complete without the obligatory tether fud
isnt there a date for all stablecoins to prove how their coins are backed? i remember reading somewhere, can someone enlighten me please i forget. thanks!
fuck these people. avoid using usdt at all costs, even when trading if possible.
they're like the fed of crypto
i thought people were already getting out of tether… if not, “here’s your sign”
so they created a crypto token. like every other token, there is nothing behind them and they were just created out of thin air.
just like fiat. 😎
the us is printing usd from thin air...now that tether is doing the same, i am concerned
we need a whistleblower from the tether team.
how do i print my own tether?
just like the us government
can we boycot exchanges that provide tether pairs?
the fact that anyone for even a second thought that somehow crypto was immune from manipulation is jusssst goofy isn’t it? the world still runs on capitol and those systems have infinitely more resources than crypto. meaning capitol can be levied against crypto again and again to ensure they are never on any amount of equal footing to begin with unless, they traditional capitol holders have made there way into and begun to manipulate the crypto market as well.
what the fuck is even that :3
tether cannot be used as collateral so... 1. print tether. 2. convert to cash. 3. monday margin calls covered.
what do you guys think about usdc? is it better than tether? i am trying to find the safest stable coin.
the fed does this monthly if you’re afraid of tether collapsing crypto you should pull every dime you have out. it’s not going away, it’s a genie that can’t be put back in a bottle.
this will be an attempt to utilize tether to acquire other crypto for potential treasury, but unlike typical currency, if too much of a crypto is in singular hands it’s worth is going to plummet. the value of crypto is in its commodity, not its use as a currency, not at this time. so to me this will be an interesting couple of monthes.
"... you can probably guess" my guess is that from those ,500,000,000 not all 100% of them are backed by actual cash (-: thanks, follow me for more wild guesses, like, subscribe, share. k thx bye :*
it actually prints money
is it illegal? remember, "usdt" is just a name. it's not united states dollars like the fed prints daily. just like john doe told the cops in seven, "so what were you doing, biding your time?"
what is the entity backing tether with cash? there to be a formal entity right?
are we going again with this tether fiasco...!! this subject is already overated. as long there is liquidity, who the fucks care if it is backed by real cash or not. is just an exit stable asset that keeps the same value as usd. the moment you buy something else with it it gets burned.
since it is tied to fiat usd, which in itself is backed by exactly nothing, it is doing an increasingly good job at mimicking it. not financial advice, i wouldn't buy more of it than i need to quickly swap for whatever crypto coin or token where that trading pair is my only easy option.
so i should go long?
so what's wrong with that? the idea is to keep the price pegged to the us dollar, and it does exactly that. why the fud?
what could go wrong?
tether company is under extreme regulatory pressure - why would they do obvious market manipulation right now? get real ppl - you all are about conspiracies
i'm genuinely scared of the consequences once the tether house of cards collapses
if it is not binance fud then it is tether fud. xrp off in the corner only having to deal with the sec these days; this sub's hate boner used to rise almost exclusively for ripple. buncha degens
yikes, not good at all. i use binance mostly and use busd...supposedly pegged but i dont know...is it any better?
so it is just like the dollar?
how they do that asking for a friend
how is this still happening, it is like all the things we hate about fiat...
stable coins will crash because they are not well capitalized. they day they unravel and hit zero will be a crypto black-swan.
this only further employs the idea that stablecoins are involved in money laundering, as there is no physically possible way that tether can decrease in price, in the cryptocurrency markets. they are essentially stealing from everyone. everything takes a hit for minting new coins, except stablecoins. tether is just taking advantage of a broken, unpoliced system. what is anyone going to do about it?
could this not make bitcoin a new standard of value? if tether crashes usdt pairs would crash but would people not just decide hey fuck tether let us just go back to btc and eth pairs?
it's wrapped usd. created out of nothing like the dollar.
i converted the last of my tether on friday. seems like it was a good idea.
what’s the difference between this and the us dollar lol
sounds similar to what central banks do with their "quantitative easing".
tether bagholders rise up!
if tether is using usdt to buy bitcoin, then is not bitcoin the reserve for usdt? an i stupid or yall missing this?
at a certain point, you run out of new capital. as long as you mint the usdt in 2's, you'll have enough reserves. for every one coin you mint for sale, you mint one for the reserve. i'm pretty sure you can do this forever and ever because 1usdt=1usd. have you ever seen that commercial where the dad's asking why his son is smoking pot and the son yells "i learned it by watching you!"? well, the us govt is the dad and he already knows what his son, tether, is gonna say when confronted.
**everything is backed by your cash!**
kinda crazy how any sort of regulation or government oversight or basically anything to prevent rampant abuse, is just completely nonexistent. people blatantly shill and pump and dump and nothing happens. companies blatantly lie about their operations and financial backing and continue he blindly printing money, and nothing ever comes of it. like what does it take for actual retail investors to get protected
mr. whale, is it you?
man this kinda sucks on the one hand tether imploding would force exchanges to stay solvent via your crypto but on the other hand alot of my shit is erc-20 stuff so moving onto a wallet would force high use of gas fees... could i say move all my stuff to polygon network and go from there? anyone know?
they minted another billion two hours ago.
you know how in the bogged meme the bog just calls and can say print 200m tether and pamp it at any time? that's essentially how tether works, when they want to buy and pump coins they just print money and press buy.
that’s nuts! what’s the paper dollar backed buy again! so tether is like the fed of crypto
this is fucking terrifying
they can mint as many as they want, without you and i trading a dollar for it it is worthless and does not make a difference. kind a like me writing a bunch of ious that i do not give out. think of it like a restaurant printing up 1 million coupons for free dinner that they cannot afford to honor, as long as they are in the drawer it may as well be monopoly money
coffeezilla has been saying this for a long time and has done some great research on the creators of tether and how they are known scammers in their previous ventures
nothing to see here just a little quantitive easing
the law suit surrounding this type of thing with tether and btc going hyperbolic the first time directly lead to the difficulty for crypto in nystate cunts
when you take a so call stable coin and peg it to a so called stable currency what do you expect? look at it inside out it makes sense.
it's funny how banks have to put more effort into creating money
probably legit af , to the moon 😄
why cannot i make a copy of it, then start printing money for myself? i mean, why would an exchange reject my coin?
what stable coin should we opt for now? is busd a good option?
is usdc any better?
who actually owns tether at this point? if you are, what for?
who sells their bitcoin for tether, though?
this won’t end well
wait until you find out how fractional reserve banking works.
maybe they are taking lessons from central banks?
now they’re starting to operate like the fed.
tether just trying to keep up with jpow
isn't the bank doing the same thing? i mean if everybody suddenly go to cash out, a lot of people cannot take their money back.
damn, they found the magic printing machine the fed has been using all along.
i'm not a massive crypto guy but even i know tether is sketchy af. who is it that is happy to hold usdt bags? who would trade a relatively hard asset like btc for usdt? i do not understand why this house of cards has not already folded.
so can anyone explain why the markets have not crapped their pants yet? this sounds really, really bad to me.
hey guys. assuming that evergrande makes tether crash, and with it all of crypto, are we better off setting stop losses in fiat then? for example, btc-eur?
the whole tether "stable-coin" market seems incredibly shady to me without some kind of oversight body and proof that each coin backed on a ratio 1:1 dollar or whatever fiat currency they are using. until that point, i'm avoiding all those "stable coins" like trump avoids sworn testimony.
do not trust tether !
tether fud. is it that time again?
my guess is tether will fall in the next... say 100 years? *hit me up for ta i know*
this is basic economics guys... you can’t just say ‘my coin is worth a dollar’ if it’s not backed by anything… i appreciate the audacity of trying to pull this bullshit off. but unless they guarantee the coins value it is still subject to market forces which will determine its value…. at which point it just has a stupid stupid name. ps. coins are only valuable for protocols with value... not this shit
this is one of the main reasons i'm so bullish on luna. if!
you know that exchanges like binance and others, buy usdt in bulks of 500 mil or 1 billion right? there are companies specialized on offering this very service. if usdt is a scam, it held very well during the crash of previous years... no ponzi will hold up to a 85% crash. also those "cash" equivalents are as good if not better than holding cash in a bank. learn some finance.
so, they can just create money, and buy btc, and all others?
law of conservation of crypto proved wrong
the watson team is pretty much invisible.
is this in any way connected to the evergrande default?
tether was directly responsible for the 2017 crypto pump and dump.
tether is shady but i wouldn't expect any stable coin to be close to 100% in actual cash to back up the asset. still extremely risky these guys can seemingly do whatever they want to do with billions without appropriate regulation
tether has the same printer as the us government.
i tweeted the exact same thing more than a year ago, looks like nothing has changed
aren’t they linked to gyna re bonds? which are pretty much pooched?
this and bitmart, i am sure that crypto is being sabotaged
how does it differ from what us fed is doing?
how do we avoid the eventual tether butt fuck?
it’s 110% backed by hopes and dreams
this is a problem but instead of shorting everything because everything is going to die off of a cliff with usdt. i’m going to comment information that i’ve pulled out of my ass like everyone else here. this is pretty much what i feel like when reading the comments in these threads.
"the market ear" (great service!) ran a piece on this about a year ago-a real eye opener. as the op points out-such trix do not a truly stable coin make. i use usdt only when i have to...and always holding my nose. :)
so, tether is now a central bank
people have been crying and doom and gloom about this since mid 2017 during that insane bull run...
this is why i maintain an open short position on tether on aave
crypto backed by crypto is a scam and a ponzi scheme, this is going to wipe out most retail if true. even real world assets backed usdt are still physical. 1s and 0s created out of thin air to represent a fiat currency is a ponzi scheme. only the treasury can create , not any other entity.
what i don’t understand is how we aren’t boycotting this cancer that is tether, and letting people continue to use it, and exchanges continue to list it?
but usd is still empty money. why are we even talking about this?
fuck tether, all my homies use usdc
got to prop up the market and keep the ponzi scheme running! can’t let the fools stop putting real fiat into the market otherwise the whole thing will collapse!
i like how everyone knows tether is a scam, yet everyone uses it \*not me\*, and the whole crypto market will crash some day because of it. surprised pikachu :o
just a thought, why tether and busd or other stablecoin?
nobody should be shocked by this. the people behind tether are scammers.
not really worried. this is kind of an "are you in" scenario. crypto, in and of itself is a myriad of technologies, strategies and opportunities. this? this is financial finagling for those who want to dip their toes in the pool and try to game the changes in the market. (i've done a bit of this too) but really? of course there is going to be manipulation and cutthroat dealings in the space where you are attempting to manipulate and deal your way into having more than what you put in. where do you think the money you've "made" via buying and selling comes from? others getting the short end of the stick. this is just a bigger fish playing the same game. (i do understand there are other reasons to hold stablecoins, but by and large it seems to be for storing and accruing "winnings" from profitable manipulations) crypto's real value (and thus, longevity) is going to be based on use. are you willing to pay fiat to get a particular token to accomplish it is task? buying and selling things, transferring wealth, etc? kind of boring when you're looking at internet 2.0 on our doorsteps and the means to a non-thiscriminatory way of accessing it. we're rolling on a dot-com style wave. right now these protocals and coins are being developed like microchips and community standards were back then. it took decades for things to settle down with lots of ups and downs. stormy waters are ahead for sure, but steady as she goes. crypto is as strong as we are.
sweet sweet tether fud keep going it’s the season
soon in everything, good or bad
what's funny is fiat fractional reserve banking is backed by like 10 or 15% cash equivalents and almost no cash...
only? the fed can print that in a couple hours. what amateurs.
how do you know, are you running the audits?
how is this any different then counterfeiting usd? this is insane.
this is fud usdt has been audited many times give it up guys .
hope they are buying the dip !
why does this matter lol. cash isn’t backed by anything either
print button seems to have gotten stuck!
exchanges need to stop using usdt pairs and individuals needs to stop utilizing usdt overall.
i'm just hoping the feds smite tether out of existence sooner rather than later
check out apty, they are a us company that is backing their stablecoin with gold. they do this by recycling electronics. if i recall correctly they have recycled old military vehicles, which they are using to back their speracoin. the coin has not launched yet but im pretty excited about this.
sounds like the us dollar
this might be a stupid question, but what keeps tether at ? if it is not actually backed, wouldn't the market make the price drop?
if tether is bad, what stable coin should i be utilizing? usdc?
oh shit. i was literally reading some weird stuff about tether because i was planning to transfer soon. i guess usdc wins
question - how do we know us dollar coin (usdc) is better?
ah yes, usdt is bad post. this is a trigger for btc to go below 40k.
so basically legal counterfeiting
so the biggest threat is the fat guy in the basement?
isn't this the same sub that had the condescending post the other day about how fiat currency is not real? what does it matter if your made-up currency is backed by another made-up currency? i'm actually asking, this sub is seemingly contradicting itself
look i only need them for 1s and then my trade is done and can move on... they can fuck around with whatever they want tbh.
this is like the money printer go brrr meme
ok i am slow is that 1.5 trillion dollars !?
well, i suppose bitcoin is on the way back up then?
tether has always been shady as fuck
>nothing of it is backed by actual cash you mean it must be backed by something printed out of thin air? ok. too much thin air.
gotta buy the dip and keep btc’s price up somehow
it’s callled fiaether now
we can look at it two fold... either as a scam or as a "crypto central bank" tether had been super shady and vague about their "accounts" which does not inspire trust, but... when they mint usdt, like they just did, they probably just bought the crypto dip, and get (i like to think) good assets at cheap prices, which in the long run will make their reserves higher! i rather believe in option 2 and buy the dip! just got some kusama to buy a chelobrick and get whitelisted to unique network community event! the future will tell us more about tether!
[ it does not matter, its still pretty much . who cares how much actual usdt exists
no worries, it is backed by these great bonds from a huge developer.
i’m long tether. i just bought more.
how much tether do people hold on coinbase? that is the real question, because that is where people will cash it out. if they cash it out, if people flee tether, will they run to greenback usds? or bitcoin?
nice, so the next scam in this wonderful sector
lol dude stfu all money is printed out of thin air get over it
this is the kind of shit that is holding back mass adoption of cryptocurrency.
move along, nothing to see here
“is there anybody out there?
two questions; we knew about tethers shady tactics before. why does not everyone just switch to usdc which has a far better record of transparency. and second, how does it possible to get such good return apy for a 1:1 usd equivalent while usd is still around zero returns.
if tether goes down, it’ll set cryptocurrency adoption back by years, and it’ll invite crazy regulation that will people will vote for. tether is making the ultimate crypto gamble
that’s great news in the short term 😂
could someone eli5 what exactly is tether? from my very limited knowledge the value of it is supposed to stay at ’s supposed to be some sort of equivalent coin to the us dollar? how, and why do i hear about china’s market collapse could collapse tether which collapses the usd?
we will be fucked up when they will fall... you cant make money from air forever
this is about to be a big issue, how will it affect the price of btc when it all comes down.
this can only go well.
well...what is actual cashed backed by?
stop using it. it’s simple.
what are steps we can take as crypto investors to avoid the worst of this?
please stop buying tether and use another stable instead
so please, tell me what are the best alternatives? i have a small amount of usdt on kucoin which sure as heck earns a decent interest for lending it out. i'm a poor guy and cannot afford to lose my meagre savings.
does anyone’s impact? i think the last time this happened was also during a dump, and if they’re able to create usdt at will at any point in time to maximize their investment potential and cover with profits… that’s not right.
be happy something pumping this trash market
well personally i'd say dont sell now, if you do your literally doing what everyone tells you not to which is selling low.
honestly do not use tether, that shit is actually fake money.
op: "crypto is not backed by fiat" everyone: no shit
ponzi would be proud
it’s just a write-off for them, all these big companies, they write-off everything, and they are the ones writing it off.
wish i could buy the dip like this haha
tether,evergrande, mt gox oof coming months gonna get ruff
at this point i am starting to believe that tether is the cryptos trojan horse. it is allowed to do those outrageous things so when it fails they will use it as an example to spearhead a campaign to heavily regulate the whole of crypto. they will also try to pin into crypto the impending crash, caused by the wall streets pillaging of the economy during the pandemic.
gtfo of usdt while you can.
so they following fiat money then...
that's almost as fucked as the unbacked worldwide fiat system.
you also forgot the another . in december alone they have minted some .4b and the entire liquidity of the crypto market is dependent on tether, which is literally thin air money.
isn't that how tether is supposed to work? tether shot up in value to .025 on coinbase, so they minted more to return to the targeted 1:1 dollar:tether ratio.
just do not be the last guy to cash out and there should not be a problem with crypto.
with about ’s largest investors in the us commercial paper market, tether rubs shoulders with the likes of fund managers vanguard and blackrock (10,000+ employees each) and dwarfing the investments of tech giants like google and apple… … and they have only 13 employees. yup. no sketchy business at all.
holy fuck i’m scared lmao
did they hire the federal reserve to manage their assets? that’s some usd level of shitcoin.
[they also use terrible twitter bots trying to save their reputation](
every cex and dex should delist usdt.
that's greed 101. same thing as the us treasury
is this good or bad?
crypto crash is looming…
so like actual cash
what about the tethers that were burned with the sell off?
value is derived from perception
how can one make money off their inevitable demise
i’m curious if synthetix susd could also face a similar situation? in that they mint fake money. based on what limited knowledge i have, it doesn’t seem like it would be easily done.
just wait until he realizes there is nothing backing printed cash...
...how can i do this ...how can i learn this power? how hard is it to create ones own coin?
fwiw tether scrutiny has been high for many years now and various government agencies have been investigating them. ex - "tether executives said to face criminal probe into bank fraud - bloomberg" meanwhile they continue to operate normally, issuing new usdt on a regular basis. either they are woefully stupid and brazenly bold, or these funds are coming from legitimate sources. just because us internet plebs are not getting the transparency we would like, does not mean that usdt is a scam. look at what happened to bitmex for an example of how the us gov handles bad actors in crypto. tl;dr: occams razor inclines me to believe that tether is not an outright scam as they have continued to operate normally for years while under heavy law enforcement scrutiny.
are you new here? this has been happening since btc was at 3k usd
i share the sentiment towards usdt but people have been calling for jts for collapse for many years. even when it hit .85 it recovered like nothing happened.
wasn't it known that tether was a bit scammy back in 2018? my buddy who is a huge cryptocurrency guy told me back in 2018 that tether is a bit scammy cause they are consistently . way too odd for a stable coin to be that immobile
can we make usdl? all redditors can pool pocket change and make loser tether to buy btc?
that’s why i’m all in luna which is the burning mechanism of terra’s stablecoin ust. mc is at 8.1b and has so much room to grow.
money isn’t real right?
yep here it comes the fall of crypto. it will make it back but will take years and alot of p will be affected. some are organized cartels who would not appreciate something like this happening.
the sooner tether collapses, the better.
this is exactly why luna and ust were created. i’m shocked nobody’s mentioned this already.
institutionalized investors allegedly sending another billion dollars to a company under criminal investigation for bank fraud and market manipulation on a sunday. lol.
this is why we need all the different tech to communicate with each other. tether is a middleman that needs to die
but what can we actually do? eventually they are going to tank the market.
greed is the answer you’re looking for
tulips, carbon credits, beanie babies, all better investments
2.9% is actual cash, but commercial paper is as good as cash for this and it is 65%. i'm surprised nobody on here mentioned this.
ok so we better switch to busd or usdc?
stable coins should be a "risk off". tether seems like a risk on.
that's why i only hold usdc, dai.
why cannot we all do that. seems banks governments and just the rich do this. fuck i hate this planet. or humanity anyway
that’s what the government literally does every single day
just like the actual dollar money printer go brrr
oh so it is just like normal money then
you all should look into the terra ecosystem and how ust works.
well at least they propped up the scam for long enough to get a good exit pump
so ehm; what you are saying is i need another stable coin?
why are people still using tether?
the governments going to need a scapegoat once this implodes
it's called fiat money look it up. it's why stock market is destroying the economy and why the world is it the state it is
oh hey it’s the self aware wolves thiscovering the underlying truth with crypto currency. keep at it!
hmmm. ifinex inc. is allowed to add more coins to their infinite supply whenever they want to stabilize the conversion right, but only if the usdt coins have one dollar pegged to every coin in reserve right? we just have no idea what reserves are in usdt until they release documents, which they already did. if one day there is more money in btc, then all of the nations allotted money supply, then we know tether is in part behind this invisible bubble. ask yourself, why do so many block exchanges still use a service that is not really backed by the dollar? in theory, it should work. in practice, it is a failure. another thing, why do people even use tether? i feel like usdc is better. usdt terms state they are not a monetary instrument, but they sure act like it. in march 2021, tether told us only 2.9% is backed by money. absolutely not 100%, nor is it 1:1 anymore. try 1:50. if my idea is correct, you are using a system that sells you 3 cents of invisible money for every 1 physical dollar with a fee. they got us convinced do not they??' do most people even use bitcoin for it is original intended purpose or just to make money? does tether use us to make money? original intention was good, but now it seems manipulation and people will one day try to cash out and find that there is no stability to get their money back. essentially tether is a big issue and needs to be removed cause it is not 1:1 at all. blame your block exchanges for still having them listed. tether will collapse due to a decrease in percentage of actual money backing it. it really seems like a house of cards here. a encrypted transactional one that is somehow convincing people to put money into it through blockchains until one day it collapses. the real question is why have not they been delisted already? remember. crypto is risky. it's entire worth is based on physical money.
this comment sums up 2020 really well.
so we all are fucked? sell everything ?
so doing what governments have always done, but faster and accounted for digitally...power to the people
i'm sorry but the concept itself is shady as fuck.
they print the usd out of thin air. and now stable coins! everything we know is a lie 🤣
tether is a scam
crypto folks are gonna learn that just like usd there is no need to back it with anything. usd specifically i backed by the very notion that the us will continue to exist and us able to create and tax currency. this obsession with pretending an asset having underlying assets to back them for things to be 'ok' has gotta go.
feds be like, “now thats a crypto we can get behind!”
let's take a minute to appreciate what we're doing here - we're identifying the mint action that took place, identifying that the underlying assets are probably not there, and calling it out. was the public able to do this so easily before when a bank added a billion to it is ledger?
and what backs the us dollar?
hard to believe unregulated currencies made by random people on the internet are subject to such issues
i thought they were under sec thumb of death
more and more like the real usd everyday...
maybe they got a good deal on evergrande paper
is biden the creator of tether?
yep we are fucked
so how fucked are we? i think until we get proper regulation, crypto will suffer and a lot of people will be fucked because of players like this, but mostly the collateral damage. btc price is weirdly suppressed right now at under .
it's all a fugazzi
this is all speculation but, suppose tether is a china utility to absorb usd. it's owned by ifinex inc, located in hk. just like the chinese us listed stocks, that are getting drained like no tomorrow, we can expect the same in the crypto market, since china needs dollars. also confirms why they 'ban' crypto. thoughts?
isnt' that the point of cryptocurrency?
powell: "but for me, it was tuesday"
only 2.9% is backed by actual cash? meaning 2.9 ? compared to usdc stable coin which is backed by over 80% actual cash? tether is turning into the whole cash fiasco, the entire thing that made the american dollar more & more worthless after enough generations. the banks do not have any actual cash in storage they can give back to people.
sounds like everybody trying to sell their tether will cause a market crash? do i understand that correctly?
this is the reason why we need a real decentralized stablecoin, ust is here to solve this shit show
only coin i hold is usdc so i can get that sweet 4% back in xlm
80-90+% of all actual money is not backed up by actual cash...
sounds like they’re taking notes from the us treasury
just a quick question: if all of this goes tits up because of tether, and their inner workings are uncovered, will the people that run tether be held criminally accountable? they are playing with peoples livelihoods here and tbh i kinda wanna see them rot in prison
another day another crypto scam. if tether defaults it will give the fed all the ammo they need to shut crypto down completely.
why did not the price move down?
no actual money is backed on any crypto, there is just price someone is willing to pay
so why people actually use usdt? i have held many different stablecoins (usdc, dai and ust) and never felt the need to have usdt, not even for the sake of a short term trading pair. certainly no way i would even consider holding it long term (i.e parking money there). what's the reason they are popular compared to the other stablecoins? serious question.
evergrande will be the bubble to pop the world economy or the bear stearns of 2008 and tetha will be the bubble to pop that'll dump crypto.
just like the dollar
this is nothing new
yea, when people realize cryptos are going to have a hard time.
the value was "created" by the recent market swing. they bought the dip essentially. and that large increase in their held assets value "created" out of thin air (from the rapid appreciation) is now the cash equivalents (whatever token they bought, likely btc and others) that backs up the tether token value. by the way, the us banking system works very similarly. it's actually much more generous with its fractional reserve "cash equivalents" than tether or usdc. in fairness, stablecoins are way more opaque about all the mechanisms though. with usd at least you can know and see all the nonsense going on in the background if you want to look hard enough.
why does everyone think tether will collapse? it's already an open secret that it is not backed, so what news could possibly depeg it. no government can shut it down and it seems there is really no group capable of doing so?
what is actual cash is backed from?
thats great news for my luna position. load up people.
cryptocurrencies are the biggest scam in the world ever. btc to .00001 by 2030.
so what is stoping them from creating 50 trillion or 100 trillion dollars? they could just buy all crypto assets.
evergrande fud, omicron fud, tether fud. fear & greed 18. i 'm going all in !
reading through the comments it seems like alot here do not understand just how severely this can screw up the entire market and cause a 90% crash please look up coffeezilla's tether video on youtube if you want a full understanding of the implications we are facing
it comes from the dip
is it good or right what they’re doing? probably not. but the reality is this is still an incredibly safe ratio and their investments. it’s unlikely exchanges will try to redeem 80% of tether at once (they’re the only ones who do) and their investments such as btc, have absolutely killed it. i still think it would be good if people shifted to a better, more transparent stablecoin. checkout sigmausd by ergo… it’s collateralized on chain and completely safe for the user.
i feel like anyone who buys tether at this point is just asking for trouble. incredibly stupid.
usdt devs go brrrrrr
tether about to go down and bring markets with it
just like how the treasury prints money :)
i'm about to do what's called a pro gamer move.
it will all be worth nothing in the end unless the dollar fails and that is looking more and more possible
wtf??? who controls this?
i have to say. i really do not like how you used a commas as points and as commas in your numbers
the absence of evidence is not the evidence of absence ?
i do not see what the problem is. usdt looks and acts just like real usd.
they had to report their backings by dec 3rd right? so they reported then instantly printed.
if tether crashes i’m going all in
oh no sounds a lot like sub prime mortgage scam ...fuk em and the fud iam all in crypto to help save the poor unfortunates in the world. follow the tech it does not lie!!
i hope it does t crash yet. binance has been keeping me hostage by only allowing me 200k withdrawals daily. i beed 52 more days.
many critics to ether, but none to usd? wsup with that!?!!??
during every crash, we get these posts. but does it not show that the _stable_ coin tether works as intended? everything goes down, a lot of people want to get out of their volatile assets. so a lot of people want to buy tether. if the supply of tether would stay the same, the price of tether would rise. but that is not wanted, therefore the tether supply is increased. once we return to the bull market and everybody wants to get back into the fun assets the tether supply will decrease to keep the price stable.
they've done this before repeatedly. but no one seems to care. the company responsible for tether owns and controls most of the crypto exchanges. it's a know problem that of enough people try to liquidate their crypto holdings into actual cash most people would not get their money. or at least would not be able to get it at the value they sold their asset for. this is because the company owning the exchanges would have to borrow from others to cover people's withdraws. this is not sustainable. but again this has been known.
i mean, crypto is straight up scam, no? lol
authorities are moving too slow on tether like they did the madoff ponzi.
that is why luna does not stop gaining adoption (and going up in price!). luna backs the price of ust and all other stabelcoins from terra. this way, those stablecoins can be trusted.
can someone explain why every exchange is using tether? aren't they affected by the potential crash this will cause?
luna is gonna be the crypto savior. ust is the best stable!!!!
who cares. stop this fud
tether and the us government are really competing about who’s printing money more recklessly
seriously, i don’t get it. if we all agree we hate tether, **then just stop using it.** move over to dai and never question the backing or peg again.
tether is so much nothing at this stage it’s going to be one hell of a crash when the speculative bubble pops. fuck knows when that is going to happen as is was what, back in 2018 or something when they were outed as not being as tied to the dollar as they claimed (ie caught lying) and it’s only gone up since then.
and this is why stablecoin projects like ohm are interesting. really hoping we can manage to make a crypto native stablecoin work.
up, up, down, down, left, right, left, right, b, a, print
ust, that’s the answer we’re gonna have to go for
so much for a stablecoin
if tether is such a massive scam ( and i'm sure it is), how did it fool everyone in the first place, to the point now it could collapse the whole fucking market? who dropped the ball?
why did tether become the standard for internet dollars?
anyone have a good source with the latest updates on us regulations coming around stable coins?
tether goes brrrrrrrrrrrr glad i never put anything into it!
why tether hasn’t been banned from exchanges yet is mind boggling. the “tether is unbacked” story has been going since 2015. yet here we are. still using it. still complaining about it.
why not just move to another stablecoin?
how is this any different than borrowing money and never paying it back off?
usdt was initially named realcoin. totally not a shitcoin name. we keep shitting on shitcoins, where the biggest clown has always been in front of us.
it's aggervating people sell their crypto for tethers. they need to stop that.
the work experience schlep that makes the tether "you want how many zeroes on the end??!!"
people act like the federal reserve and governments are the only ones who do this and that crypto is not susceptible to this. it is probably happening every single day.
and cash isn’t backed by anything either so who cares
if governments can do it why cannot the crypto world?
time for binance pegged usd to shine
but they are backed by rock solid chinese real estate debt!
what blows my mind is that it is exchange-traded volume is always higher than the "market cap"i immediately imagine a huge moon-sized washing machine filled with dollar bills. what could go wrong?!?
i always thought there was something bad about tether. at this point i wouldn’t put my money into it, either because it’ll crash due to internal issues or because of people losing belief over their controversies
don't care, i've been holding for years and have not seen gains.
of note, the sec has been citing tether as a reason for rejecting bitcion etfs, basically calling it a fraud. the doj is investigating tether executives for fraud. and the nyag said tether lied about it is reserves and operated in the darkest corners of finance. tether is half the market volume for crypto.
usdt copying usa treasury. posers.
tether has always been a scam; there are better stable coin options out there — usdc is my personal choice
j powell is behind it and if anyone can print cash out of thin air, it’s him!
i'm not worried if the balance is backed by *something*. is it backed by wishful thinking?
time to buy baby.
i love this sub. let’s use fake numbers to create arguments that we think, without actually offering any proof. not saying tether ain’t clowning us all, but these subs and the arguments being offered, makes my taint itch.
in anticipation of what? a crash? people wanting to get out?
and the ecb wants to create the ecb coin! like no need lads, we already have a completely centralized digital currency and its just as bas as what you would make. this is the perfect illustration of how the decentralized part of crypto is the most important element. i reckon if the us just took the stance 30 years ago not to ever print any money- there would be less of a need for crypto at least in the us. human weakness and short term thinking is easily exposed in centralized models. decentralized models encourage what is best for everyone in the long term.
if tether falls... i think the entire crypto ecosystem will be affected.
if you’re holding tether… rip
all the govt has to do is initiate an investigation of tether and they will fold and the whole sector will drop and be thiscredited, etc. (\* please do not just downvote because you do not want this. i do not either. show me how i'm probably wrong. share your hopium.)
i see a boating accident incoming
tether is probably backed by eth or btc which would be ironic
what the fuck…. how are they getting away with this? is it the same thing for usdc?
hindenberg research, the firm that kind of brought down nikola motors offers a big bounty for information about the backing of tether
>the us are printing money and this is bad >let's create crypto to solve this problem >tether starts printing usd out of thin air >but the us are printing too
that's why it is important to buy monero
people should worry about gbtc and not tether. gbtc holds over 100k btc and they are basically bankrupt because their product is uncompetitive due to the current regulatory environment
cash equivalents are money-market securities issued by large corporations (ie commercial paper). tether makes its money off the interest. you’ll be in for a rude awakening if you think that your bank holds 100% of your deposits as “actual cash.”
should be called alcohol,,,cuz it evaporates before it gets in your wallet
fiat have no value either, it is plastic or paper notes, beyond being backed a gun held by the govt. and people believing it has value.
so just like the fed, you mean
yeah and apparantly ever rande is coming up to debt repayment this monday and cant make repayments. tether says they dont have exposure to this commercial paper but they have exposure to other chinese commercial paper that could be affected by this.
almost like all crypto is magic internet money...
would a global retail “bank run”, or people cashing out their holdings, destroy these companies or am i over estimating how small retail investors are? i guess a run on banks would cause some serious issues as well since not all the money in accounts is actually available all at once (fractional reserve banking)
another day to buy luna
maybe it is back by cash... from zimbabwe?
not only that - if you look at the on-chain data. there was one huge non-exchange whale that sucked up all the bitcoin during the recent dip. i have a hunch that the whale was tethers fraudulent reserves as they were mainly bought through binance and bitfinex; the complicit exchanges in this large scale fraud.
so then it is a trap?
did they hire j powell?
lol, a blatant lie on the front page. of course. y'all are idiots, cannot be bothered to read any of the fine print regarding tether. this money is not coming from nowhere, relax.
well if it value is tied to usd wouldn't that make it useless? i mean it is all a gimmick at this point. the government prints money like nuts without anything to back it and people everywhere give it value. i see no difference.
if you read this and think a company can print 1.5 bil out of thin air for everyone to see, you're really naive and should rethink.
reminds me of >this was consistent with the possibility that, as tether ltd.’s various legal challenges failed one after another in the new york courts, **tether ltd. was choosing to issue tethers faster and faster to maximize the amount of value it could extract from the crypto ecosystem before being shut down.**
can someone explain to me why minting more tether doesnt lower the value of all the other tether? i get its a stablecoin, but i dont understand how it can always be at ? if you doubled the amount of btc in existence tomorrow the price of all btc would half, why is tether immune to this?
almost 80billion dollars printed holy shit, that giant sucking sound is jack asses at tether rug pulling the market i knew it was bad, did not know it was that bad
here's your proof. yes it is a little outdated, but there is nothing that indicates that these new tokens are not backed in the same way.
i'm confused. bitcoin was created of nowhere too? and was not backed in any way with real cash too.
can someone eli5 how tether works
i should short tether
can someone please guess what this means? does this mean btc or crypto is now replacing the dollar?
what about this is different from every other coin that is been made up?
a tether crash will user in crypto winter
sounds like a scam to me. might be better to invest in the lottery.
might as well call it the jerome powell coin
bullish on pie charts
is usdc a safe alternative?
wait is it true none of it is backed?
i'm not a supporter or tether, but i do not get why everyone always points their finger at tether for printing money when the us federal reserve and other central banks print billions daily while also being backed by nothing.
this makes me wonder if the market recovery was due to this 🤔 many of times if not all tether usdt minting positively influences market
i feel like this is a good time for ust to step in a take the crown
during the crash, tether had done twice as much volume as it is supply.
im confused, wouldn't this thisprove your points?
just like ppl from a sub say: cannot go tits up
can someone explain this in simple terms?
sorry for my dumb question but if i hold busd it will not drop if teter falls , because busd is a stablecoin ? **rigth ?**
nice that means we’re pumping soon.
jack me offf now
are they going to livestream this rugpull?! lol
looks like we have two options. rip it out the ecosystem and let the blood pour. or keep trading it at one dollar. it has value if we say it does; and trade it out the market. it would have to get to a sub 5mil market cap.
probably 1,500,000,000 turkish lira !
the top is in. i thought crypto was better than fiat money. guess it’s all the same.
so what happens if there is a mad rush to usdc? if they were an honest player, would they have to stop issuing because they would not find the backing for the amount of tokens requested? at that point would they have to remove the claim of being a stable coin and let the price fall? however, if the demand is high, and they cannot issue more tokens then should not the price should rise?
we need to get out of that shit before it goes boom.
coffeezilla has been ring the tether is a scam bell for months now. if you are invested shift your assets now before its to late.
i don’t know shit about fuck but if tether is always pegged at . why does it need to be backed? i would think it’s in the contract that it can’t exceed or reduce by a certain amount. buyers and sellers alone would keep it stable.
naaaah, they are probably just printing it to pay for the new sec usdt tax 🤣
i mean fed is doing the same "magic trick" for decades.
are these threads ran by the sec??? its almost like you guys are rooting for crypto to fail.
what sound does the tether print make?
feeling bad for those plowing money into these shitcoims. only invest into btc and eth, that is it forever!
if they move on to exchanges that usually preceeds a whale buying pump spree. im still in the green but i’ll still take a bump of hopium where i find it
if you've come this far in the game and are surprised these coins are doing shady shit, congrats. you've realized why de-regulated currency is a shitty idea.
tether has become the crypto’s central bank? printer goes brrrrrrrrrr without accountability.
so exchanges want to offer leveraged trading. but they need tether now for money they do not have. so tether loans them tether. the exchange gets tether and tether bank gets "commercial paper", ie a piece of paper from the exchange saying they will pay it back over x period of time at y% interest. a lot of tether is issued to ftx. how much of tether holdings are commercial paper from exchanges? it would not surprise me if most of the cash shown on tethers books is really payments from these 'loans'.
how can they just mint coins? i thought when a token was created, a contract was formed that locked the token to the supply they stated
🧐 this is fine
hope and faith is a real thing, obviously some of you guys are not religious. the american dollar even mention god ... duh lol
do you guys ever watch the spiffing brit, on youtube? he has videos about video game exploits. some of the exploits are from bugs in the software. some of the explouts are from game design problems. the software and design for these games are made by the college roommates of the different people running cryptomarkets. i guess what i am asking is do you feel that companies are trying to gamify life?
they are gonna pull the plug on the internet real soon here
it's a good example of why unconstrained currencies always fail. they're not bound by math or commodity supply, it is just a few humans at the top deciding how to manage it, like any other fiat currency. humans will always fuck it up eventually. that's fine, but we need choices like bitcoin or gold or whatever. only competition can save us. no one is forced to rely on usdt, which is how it should be. what's terrifying is the idea of central bank issued crypto. no one in their right mind would want that, so they will need to ban as much competition as possible.
have you seen this report?
this is the greatest heist of all time and i'm just so impressed by what they have done that i'm not even mad.
wow tether really wants to be like the us dollar doesn’t it.
am i on r?
i’m so confused that op is using a comma as both a thousands separator and a decimal. it’s just mind-bogglingly stupid.
tether printer go brrr
oh no are people using fake money to buy other fake money on the internet?
who cares? money isn’t real. anything that we believe has value because we believe it has value, therefore it has value.
this is how tether works. tether creates new usdt during high demand and burns during low demand. same as usdc but its more common and for lower amounts.
there is always posts like this when the maket took a dump.
i wanna know who the hell is accepting tether as actually being valued at a dollar. somebody out there has to be selling btc for tether. tether being worth a dollar isn’t decided on by tether. it’s decided on by the market so whoever the big market players that keep accepting that 1 tether equals 1 dollar are the real ones to blame.
bitfinex, more like bit-finesse
funny i thought you was talking about the us dollar, !!!! yet you have faith in that- right? sounds like a mouth piece for the banks
i thought the fed were the ones who printed money…...
probably used to replenish arbitrage order books. its not like they minted 1.5b for no reason at all.
all crypto is created out of thin air essentially lol
and? i’ve been yelling about tether’s fraudulent practices for years and nobody cares one bit. this is not surprising
tether is gonna pull off the greatest rug pull in history. kids in 3000 will be learning about this in history class.
it the market demands it then this is the result. nothing wrong with printing money to match the market's demand.
news flash: all crypto"currency" is generated out of thin air. they're all just factory-authentic, unique serial numbers.
and this news is helpful to the price? stop with all the fud now... its time to see some green... take the post down
cant we all just have peace i love btc and tether :d
here i was thinking the whole point of tether was that its value never changed was wholesome
weird. the real usd also prints more of itself whenever it wants. seems legit to me.
tether is the worst thing in all of crypto, surely has been engaged in some sort of fraud (if not the worst that we fear), but i do believe it’s also *quite possible* they are partially backed and only a partial, but not complete, scam. maybe i’m just an eternal optimist? 🤷🏼
well the government does the same thing just add a couple zeros
so, it’s like bitcoin?
it’s created out of thin air for the moon community. don’t worry, it’s backed up with argon, and nitrogen.
tether , the digital fiat
how is a stablecoin such as dai backed by usd if its completely decentralized?
tether is now it is own central bank, i actually trust it more than the international central banking cartel
honestly, i'd rather keep my money in btc or eth despite how volatile they are than risk being in tether at exactly the wrong time.
it's worth as much as 1,500,000,000 schrute bucks.
isn't preventing this kind of behavior supposed to be one of the major benefits of crypto?
more tether was needed to buy btc as it was crashing
who would be dumb enough to muck around with it then
what year is it meme
but cash is not backed by anything
beyond fucked. anyway, buy my gamer store stock if you wanna survive the upcoming collapse r, make your choice anons
getting rekt like a tetherboi.
during this crash i’ve been looking at all the 10%+ earners and feather was one that stood out.
which reminds me… where does everybody’s money go if hypothetically all crypto currency’s just flatlined ______??????
can someone explain the appeal of tether? i really do not understand it and it seems like a scam? it just seems like holding dollars with extra steps? can anyone provide an honest explanation of why it would be good
my head hurts, has no one actually tried to mint tether?? you will see that you need to actually wire fiat to tether before the corresponding usdt can be minted and sent to your erc20... majority of you guys are probably just buying crypto on spot and hodling it in cexes lol.
you know why the sec et al are not shutting down tether? oh sure, they talk a good game here and there, but tether is the fed and international central banks' plan b. when crypto, they will shut down tether and bring it all crashing down. tether is in on it, and is quietly printing more of it and debasing the rest of crypto with it, ready to rugpull the entire industry.
it’s because tether is used to launder evergrande debt. when evergrande defaults watch for the entire crypto market to crash. china wasn’t opposed to crypto before this year because they see it as a way to remove usd as reserve currency. however they stopped it once they saw that crypto is tied to evergrande. they don’t want their citizens to get caught up when the damn thing collapses.
could tether be the feds or jerome p s doings? just wondering cus they know how to print
this is what drove the crash in 2018. it will do it again.
i'm looking at usdt's 7 day chart and it is been above % of the time during the selloff. is it possible they printed usdt simply to meet demand? people were buying usdt at a premium. so much fear, uncertainty, and doubt, yet the market cannot seem to get enough of the stuff. really makes you think.
odd that you say that is it out of thin air when all the largest trading firms have talked about wiring tether billions of usd. who should i believe, the people running the largest trading firms in the world, or some guy on reddit?
magic money real consequences...
imagine being able to print money out of thin air and spend it...what would you do with it?
confused about one thing though. isn't tether backed by our cash and crypto at least on exchanges?tether may make .5 billion coins but dont people have to give exchanges cash or crypto to get tether? if i wanted tether, i would have to go on an exchange and either deposit money or trade my crypto for usdt. don't binance, kraken etc facilitate that exchange, they give me tether and hold it on their exchange and i can use that to purchase crypto?
yes everyone has known since the beginning. think what has tanked crypto in the past. now imagine the tank when the sec freezes tether. no exchanges will work, you will have the biggest drop down gap in history. there will be no liquidity. also when it is realized that crypto needs a bailout the fed will simply tell the banks no. when, buy a decent amount of the ashes of crypto left as you could possibly get multi million percent returns again. this is going to get crazy. i think it will actually help completely crash the stock market. i'm only in a couple stocks, mostly in real estate and cash. selling my rentals as we speak. they are high but when people move from the stock market to keep up with inflation they buy real estate so i expect real estate to stay up for a few yrs but then it will crash too. just cycles and crypto is the only hyper inflated asseset i have ever seen. makes zero sense to me. only time will tell if i am correct. p.s. just copied the [coinmarketcap.com]( page on tethers daily usage today: ,865,556,659 (about ) am i the only one that see's this train wreck coming. i mean how obvious does this have to be for you to see it?
okay, swap it all for bitcoin
wait...does it mean they can just mint it for themselves and buy crypto with it.
usdc did the same. people are starting to wakep up 👏👏👏
trying to keep up with usd inflation
hot take: tether has been printing money since 2017 to prevent eth from flipping btc. it always prints when eth outperforms btc. eth would have flipped btc in 2017 if tether did not come to the scene.
what a perfect scam. create new usdt at the exact time that it is highest in demand and the least liquid, when bitcoin falls. thus they essentially become the buyer of last resort, keeping btc from crashing. because they have inflated usdt, whenever the usdt holders who were on the sideline eventually jump back in, they bid up btc even moreso. you (not you, but maybe bill ackman or icahn, or some other billionaire) should be able to exploit this.
(according to coinmartketcap, as of now) tether fully diluted market cap is at 78.4b. btc market cap is ~1 trillion in the event of capitulation due to tether, what is the actual impact? 🧐
so should i buy? yes or no?
i beleive 1 usdt is equal to 1 usd because my neighbour does. and my neighbour believes 1 usdt is equal to 1 usd because i do.
what really sucks is ust is very similar in as usdt. if tether backfires for their shit of a stablecoin ust could possibly feel the effects.
it's surely for the legislatures to legislate this problem away. anyone beg to differ? legislatures are not suceeding at legislating the problem away though. i've seen no evidence that they are trying, have you? id guess that the fiat financial systems are so embedded with the exucutive and administrative systems that the legislatures are just can able to extricate us from the tether problem we need to open our eyes to other ways out of this bag
this is literally how the current financial system became corrupted.
who runs tether? you know they are just paying themselves a shit ton of money when they do this.
i really hope we are wrong about them. if not, we're going to peace fully protest each one of them and their family. /$
so how does tether actually work?! if they print this much, it should cause inflation against other currencies, but i do not see usdt dropping against usdc or others.
how many of tens of thousanda of these things are copy, backed by risky loans turned into gold plated usd, exist in secrecy? its a cdo of another name.
so what do i do? sell all my shit before it collapses?
algorithmic stable coins like terra's ust are the way to go.
oh really?, how?… i thought fiat money was the only scam, crypto has super real and tangible value!! 😒😒, i don’t care about the negative karma, but please stop pretending there’s real value backing those billions of blockchain codes. it is what it is.
wow, you mean imaginary numbers came from nothing? what a surprise.
interesting. does anyone think this has something to do with celsius as they took money from them earlier?
every single usdt is backed by a cash dollar (*in circulation*). ;)
hahahahaha money isnt real
and actual cash is not backed by anything. buy the lie is fucked up.
i mean, why cannot they just create more usdt, and then buy all btc?
so the fed is clearly a part of this infinite coin supply
well if i wanted something worth 1 dollar, i would just get one regular dollar
can someone explain to me why this post is tagged as 'misleading'?
did the concept of inflation exist when people first starting trading money for goods? no. they just fuggin sucked it up and said [shut up and take my money!!](
it's just a matter of time before the tether ship will crash and in my opinion then they will drag the whole crypto market with it down.
tether is crypto’s quantitative easing.
same as us dollars... but look at those us indexes, creating all time high each month
oh! so it’s basically the us dollar. got cha! 😉
you can’t just print money— the hell i can.
probably just a rounding error.
could this wipe out exchanges?
coinbase stole ,000 from me and i need help. they state while i was converting cash back and forth, that i bought said amounts without money in the bank. they state my conversions were attempted purchases which were immediately denied (transaction error), and that the amounts were credited to my account at given specific times. i have screenshots of my account before and after said specific times to prove no money was credited to my account. then, after failed transactions did not go through, no credited money was injected to account, coinbase came back 2 days later to reclaim said amounts in a grand total of ,000. i have not injected any money into my account for about 2 months. i was aggressively trading and converting and just happened to make a large sum of money 2 days prior. i had not made a purchase i could not cover since i had an account opened 3 years ago. it seems more than suspicious coinbase is stating i made this error (...9!...9!...9 fucking times!!!!!) then took me for everything i had and adding insult to loss, coinbase says i still owe them another (2) amounts for 10k and 19k before my account can be used again!!! wtf guys! i even spent money hiring forensic computere company to see if i was hacked or my devices needed to be trashed but they told me no breach outside coinbase occurred. help me anyone!!!!
so it is really untethered.
nothing of it is backed by actual cash you cant know for sure, man.
they doing that old strip club “funny money” type stuff!🤑😬🤦🏻‍♂️
plot twist: most things in the world are not backed by anything. tether is not backed by cash? what is cash backed by? even gold, what is is backed by? what about real estate? backed by what? the rabbit hole goes pretty deep and i'm grateful to crypto for opening my eyes lol
every time there is a drop in the price of crypto there is a big jump in usdt market cap and a small rebound on crypto. backed by usdt i do not think so, backed by btc and other crypto probably.
they are giving powell a run for his money
it’s as if tether emulates the usd
so he does still know how to tether all the money from all the phone swiping still. palpotine use to know how to get some of it.
is it the real magic money?
did people learn nothing from zimbabwe?
imagine guys, one day the thether dudes will come out and scream "okey okey calm down, look at these documents, we have our coin fully backed with 70 % cash reserve, 20 % debt and 10 % other assets"... in a parallel universe this happened for sure.
i wonder how they keep the price pegged close to 1:1.
tether is singularity 2.0
why this post got label "misleading"? it is not misleading. wtf mods?
well when crypto was falling i said we are about to find out if tether is a ponzi or not, hindenburg has been attempting to investigate them and they e been pretty certain tether's lack of transparency is because they do not have nearly the reserve s they should have
good. how can i do that please?
can we do something about it?
the fed is not going to like competition
i do not understand why people make s big deal of this. banks 'hypothicate' money out of think sir and governments allow it. this is actually standard practice. if this worries you then banks should also worry you.
did they just print counterfeit money?
that is why bitcoin with real proof of work scarcity has real value. if you hold tether, you are a fool. tether is just like fiat.
i remember reading there was suppose to be a senate hearing on tether this month is that still happening?
fiat currency is also made out of thin air. the federal reserve keeps printing money like its going going out of style. why do you think crypto is taking off? because people are realizing no currency is backed by anything. the value of something is only determined by how many people are willing to give said thing value.
imagine if only 30% of the cash pulled out of it, fear starts and the rest collapse
its backed by their word and trust. :-s
i am pretty sure they received ! wait, it is the weekend, banks are closed. nevermind! 😛
never invested one cent in this electronic currency. after seeing all the losses some people experienced over the years since this concept was introduced. i don’t regret my decision.
it’s like the people living on the san andreas fault. we know the earthquake is coming, but we live with it and just go about our lives in the cryptoverse. everyone getting into it should be aware, accept the risks, then chose to enter or leave
tether exposed must watch...
it's fractional reserve banking mixed with quantitive easing!
how much is burned? because, once you convert usdt to usd... it no longer survives... that is called "burn". fiat central banks (fed) do not know this... they change the used ones and keep xeroxing .
turning on the fud machine like clockwork. gg
hidden mint function 😟
bitcoin fixes this... oh wait
powell is that you?
just wanna see if they have the balls to mint again today!
and yet, its market value keeps rising. always. it's insane.
surely it does not matter how many coins there are? if its goal is to remain as . probably means the usd isnt in a good place at all
seems like jerome has power hear too
it's so scary that such a shameless company holds a top 10 spot in terms of market cap. when they do actually get audited and their shady tactics are revealed they will be a huge market crash...
if the government can do it they can too lol
what if tether was created by those who would lose much by crypto just existing? the purpose of tether is to utterly collapse this market and highly regulate it, so it cannot go against the fedcoin in the years to come.
why does tether keep doing this shit? after getting exposed that they did not really back each coin with usd 1-to-1, you'd expect they would slow down the coin printing, but nooooo they decided they would ramp it. greedy assholes.
we got it shut the f up about it already
if tether has a negative reputation and no real back up to its value then how is it traded for ? i mean it does fluctuate slightly +/- 0xxx so what prevents it from dropping even more?
so massive pump incoming?
you mean they increased the circulating supply to keep up with demand in order to keep tether at .00? because that’s what it looks like…
they must be the fed lol
i mean since it’s backed by nothing may as well keep printing y’know? let’s ride the gravy train! it’ll be all the same when the party ends
this post has me actually quite worried about crypto
i'm confused with the comments here. some are saying a big dump is coming, some are saying a big pump is coming. which one is it?
...inspired by the us gov if only there was a governing body to protect us little people from the harm this could cause?
so how do you bank this knowledge? short tether?
isn't... is not this how all economies work? guys?
the world does not like currencies of fixed supply, so a non-fixed peg had to be invented that can have its supply expanded. this is reality confronting crypto marketing illusions. price goes up so dont listen to me.
the fact that you can see this makes crypto a good thing, you would not know when banks do, but at least you know when it is done in the crypto life 😉.
cryptocurrency is the grandest, most elaborate financial scam in the history of finance. no cryptocurrency is backed by anything *tangible* which has value. people value gold because its pretty, we value the us greenback because it is backed by the us government itself, oil has value because it is an energy source etc etc. the *only possible* intrinsic, tangible, valued "thing" that crypto could be associated with is the exhaust from power plants which supply electricity to the mining warehouses. the value is not in the electricity, since electricity is required to run the mining cards to produce the currency (and many other things too). no electricity, no crypto. its not the mining cards either for the same reason - they are silicon bricks without electricity. those who say that the value of crypto is in the blockchain algorithm are deluding themselves and lying to everyone. reason being: there are a **finite number of bitcoins**. once they are all found, the only thing left is transactions. with the reward for authorizing transactions being an exchange of the same cryptocurrency which your machine just authorized, the value of that currency drops to *zero*. why? algorithms are mathematical formulas - there is no money value in a math problem!
yeah but that makes sense... in order to keep it at . unless everyone here is saying they think it’s better that the price of dollar coins goes up………
so, if whales dumps and takes cash, someone prints more out of thin air to put back in, is not that like a bail out? or like replacing water in your parents vodka, kicking the can until they finally realize and bust your ass?
it's inevitable for tether to collapse. it's somehow faker than usd
"get vitalik on the line." "print 1.5b tether and pump it"
giving jerome a…run for his money
good thing i created a fd in vauld with usdt like 3 days ago 🤦‍♂️
crypto is not a healthy market. call me when i can short it and buy options. that’s when it’s a healthy exchange.
eventually, nobody will be able to swap usdt for usd because there will be no liquidity. that is the trap. the only way it will not be a trap is when doge succeeds as an internet currency. but if that fails, which i don’t think it will, a lot of people will hold empty bags.
how could one go about betting against tether?
so this is a big deal but is it that big? like the crypto market cap is like 3t, tether market cap is like 72b. even if it is value went to 0 it would only reduce market cap by 72b. am i missing something? to me the bigger issue would be that 40% of all usd has been printed within the last year. this is the likely culprit that is pumping crypto imho.
question- maybe i am dumb. they can create .5 billion usdt out of thin air but if no one buys, then they don’t get any cash. if they don’t get any cash, how can they buy bitcoin?
should rename it thin air
it will be useful if op provides the daily amount of usdt minted and burned in the last 3-6 months. 1 daily data is misleading.
how are they able to maintain their .00 valuation when they do that, though? aren't there markets where you can try to trade usdt for less than a dollar, when this sort of thing happens?
what happens if everyone tries to sell their usdt?
this is going to bring down the entire crypto pyramid, no?
they gotta keep up with inflation 🤣
does anyone have any evidence that these tether are not backed up by anything?
only us can make money out of nothing!!!
professor needs to make his next height on tether minting 😹
taking notes from the us federal reserve apparently
gotta love that fractional reserve banking
with all the crypto they dumped into evergrande…. they need more working capital, or whatever you call it.
what does everyone think of usdc?
i'm doing usdt and it is very stable, day to day. the more you invest, the more you gain. if you like to do usdt, you can private message me.
here comes the pump! haha
is this magic money gonna hurt me?
isn’t all crypto made out of thin air? name one shop you can spend usdt at. it’s price is tied to the dollar it’s still made out of nothing backed by idiots
usdt has officially become the usd of crypto.
they are minting coins like countries print their money lol
there's actually a magic internet money coin on the top 100
the revolution will not be televised
the rug pull will be televised! np.youtube.com?v=qnjfhuowgxg
it better be, i need my loss porn live.
i think hindenberg is still offering ,000,000 usd for concrete information on tether's backing. if tether was actually backed by more than thoughts and prayers this would be the easiest million ever.
feds hate this one trick!
this is what's happening. it's the biggest house of cards in history. tether inflates bitcoin and then backs itself with said bitcoin. there's nothing really there. it's going to collapse sooner or later and take down all of crypto with it. after that, crypto will be highly regulated.
literally printing money out of thin air lmao
usa should be thanking them for backing usd with bitcoin ?
any evidence whatsoever that this is happening? as opposed to investors buying tether with usd which they then use to buy bitcoin?
this is alarming and could legitimately be a sign that the crypto market could be sabotaged.
i think most of us get that, but seriously what can we do ... i don’t use it -avoid it- tell people about it- but i can’t stop them from going brrrrrrrrrr
definitely creates a lot of thistrust in the community.
ust terra would like to thisagree
not just crypto, basel ii forces banks to keep at least 7% of their assets (your money basically) in cash.
terra stablecoin is where its at! market crashing and luna hitting ath... moon soon
that's why i'm a fan of gemini. i'm in the process of moving mostly everything from gemini to a ledger wallet, but i can appreciate at the very least that they do not take tether and that they trade gusd for (for now anyways... hence my moving most things off the platform)
i'm sorry if i missed this in your comment, but why do you believe other, more legitimate stable coins may become unpegged in the event usdt collapses?
have you seen the chart of tether's market cap over the last few years. this whole bullrun was 90% created by tether.
cash equivalents like cocaine, weapons, and toilet paper.
debt, cash equivalents are debt. curious as to how much of this debt is composed of evergrande's toxic assets.
cash equivalents would be bonds, mostly. and it makes sense - the world would not convert its usdt to usd all at the same time, so tether may as well make a little bit of interest on some of it. the problem is if they are backing it with risky stuff or not at all
hey, throw in some "collectible" images and you got yourself a deal!
say less and take my money.
you joke but this is basically how cross-chain transfers work
yeah... the denial is real in the crypto world. i believe in block chain and the technology but i refuse to buy in currently due to the massive amounts of trick fuckery happening in the stable coin world. the fallout of tether going tits up is going to be immense. however, once it happens (it needs to happen for crypto to be healthy), i’m most likely all in.
wait how is this not downvoted yet? usually this subreddit buries any actual info to keep the ponzi alive
i do not know if anybody has said it yet butt fuck tether
all my homies hate tether
tether is gonna crash the whole market
scrolled too far to find this
oh so this actually means nothing lol. thank you for the clarity. if it was "1.5tn tether issued without backing" then i assume collapse before i could get to the exchanges. right?
the only intelligent comment. out of more than 7000. and it only has 15 up votes. i knew i could find it, but it was not easy.
this makes a lot of sense. but how do we know that they are receiving any assets in exchange when they issue tether?
>this minting, issuing, burning happens all the time. the mints are on the blockchains we can see them happen. what we do not see is the burns. tether in their entire existence have not even burned 1 billion, but printed 74 billion.
if this process is so goddamn transparent why is there no evidence? yes we can all see the minting. can you link here the issuing and burning logs? am i missing something?
1. the tokens are not being burned when they get sold. it's given to the people who have tether the money. 2. your idea only works if tether does not use any of the minted coins for itself. which let us be honest, we all know is happening.
lmao, the above comments are so scary
there will only ever be a problem with tether *if* someone cannot redeem their usdts 1:1 with usd. if that day never comes then this is a nothingburger. if that day does come the crash in usdt with be quick and catastrophic, and will heavily strain any crypto.
where can i read more about this process? i had no idea tether gets burned, unless i’m not understanding it correctly?
i wouldn’t hold anything in usdt for more than 5 minutes.
it stops me. fuck usdt. i'm not touching this shit with a long pole.
looking at you coinbase pro
if you have to use usdt to purchase a coin, you do not need that coin.
> part of the blame is for cex that sometimes only allow usdt trading pairs on some coins it's like almost all big cex are chinese and are getting paid big usdt to promote this scam.
i do agree. but wherever possible i think people need to took at the alternatives, even if it means another exchange
i thought this required a premium membership?
i am not ready for the bear market caused by usdt.
that's an interesting point. perhaps some type of regulation incoming and they tried to cash out as much tether as possible before then.
exactly. this is literally what they are looking to regulate. this is why we have threats of regulation on the crypto market; because these coins are acting as unbacked securities in the market and masquerading as asset-backed, which is dangerous.
i'll be completely honest, i've still been using tether because i day trade crypto and usdt is the only coin that has high liquidity in most of its trading pairs. i called myself out on it last week and switched to busd. not perfect, but better than tether.
were you ever under the impression that it was? remember when doge and shib were attacked by pitchforks here? this sub is definitely a great place to thiscuss, but it can be pretty hive mind.
the whole market relies way too much on tether. every coin's largest volume is always with tether. i hope this does not come to bite us later.
>we are trying to create a better money system not me, i'm just trying to get rich.
looks inevitable at this point. a bad joke, might hurt us for some time. if nothing else regulators will have to step in. plus this just gives them a reason to be more extra thorough not allowing this to happen again.
how though? there's still no stablecoin regulation and i do not think you'll have too many people clamoring for it
it’s like climate change, we just keep pushing it down the road to deal with someday. and boy will it suck!
until the system is strained or regulators start digging. then it unravels. this is considered a major vulnerability in crypto
i wonder how bad a usdt collapse would be for the crypto market as a whole. that's the scary part in all this.
us government 🤝 tether
digital printer go 01100010 01110010 01110010 01110010 01110010 01110010
tether is a stablecoin that always equals one dollar. bitcoin is a currency itself, it doesn’t need to be backed by anything. but every tether has to be backed up by a dollar. a stablecoin does not fluctuate in price. they are used by countries with huge inflation rates, on exchanges for lower transactions fees or as back up cash. to remain exactly one dollar, tether has to have one dollar for every coin as backup. and apparently they don’t have one dollar for every tether. which could end up being a huge problem.
how so? people holding it will get fucked, how will it tank btc?
an audit by a cayman accounting firm lol
yup, the federal reserve ratios are now 0, as a response to the pandemic. it used to be around 10%. but the selling point of crypto was to get away from the inflationary fiat and credit systems so...
it is backed by the citizens of a country and its government including the assets. some cryptos are backed by a neckbeard in their parents basement. doesnt apply to larger cryptos
stuff like this is why i come to reddit.
scary stuff i just hate how they found a way to ruin the entire crypto universe. cutting edge technology that can help the world and they are ruining it is legitimacy and reputation.
what could we call it? something to evoke technology... like byte! then we can add something to show that it is money... oh! bucks! there we have it! bytebucks
the history is repeating itself in a very brutal way. back in the days we had dollar backed by gold reserves, meaning every dollar was guaranteed to be exchanged for a given amount of gold. this arrangement was terminated in 1971, allowing central bank to freely print money and regulate the monetary base in other ways. now, as an opposition to that we have a crypto currency that was meant to be backed by dollar, but terminates this arrangement to increase the monetary base even further. it means we’re printing money of a thin air that was printed from a thin air. we’re doomed
usdc, gusd, there’s a million better options than tether.
people have been saying that for years though. i do not thisagree but it looks like some point might still be a ways out
how do you know it is? this is the issue. a complete lack of transparency, which people choose to ignore. we all should be demanding transparency, it’s unacceptable how shady tether chooses to be.
it is backed, but the issue is that it is not by usd which it is supposed to be.
so they minted that much supply or they didn’t? what’s misrepresented or over exaggerated in the comments and why? genuinely curious
the irony that crypto is a hedge against . we *really* need to have that thing properly backed...
govt money is backed by sovereign’s claim to tax
tether fud basically prints itself.
itt: people who cannot numbers and think trillion means billion
it’s 1.5 billion, not trillion.
>1.5 trillion $$ average person who thinks tether will destroy crypto
> to mint one tether someone has to give them one dollar. this right here is the problematic assumption. tether _says_ that someone gives them a dollar for every usdt they print, but there is little-to-no public evidence to suggest that this is actually true.
i know. i have converted into usdc now. i guess the staking is too attractive?
tether could have a real audit done and settle this. why do you think they refuse to have one done? try to answer impartially, instead of from the point of view of a bagholder trying to deflect negative news.
>how do you know it’s printed out of thin air? then why cannot tether simply squash these rumors? the "fud" has been going on for a long while yet they are letting everyone make damaging rumors behind them. incompetence? i would assume they are hiding something.
that's not the point. if you mirror an asset, no matter which one, you better have to be backed with this asset for a 1:1 stable guarantee...
attestation* not a full audit.
that report tldr: tether says they got straight as and so they sent the report card they made for themselves to an accountant who basically reviewed the report card made by tether and then said 'welp, this report card does show only as'. it says nothing about independent verification of any of the holdings. good luck kids.
i think this audit would be a little bit more convincing if it was not coming from the freaking cayman islands lol. land of crime.
yeah... moore cayman ... a proud member of the big four\* \*big four of the cayman islands, not the "big four" ... always a solid choice when you want to project that warm fuzzy feeling ...
it’s interesting if you read the report the auditors state they are not expressing an opinion on the adequacy of internal controls (red flag) this is because the type of engagement performed was an isae 3000. they should’ve performed an isae 3402 to get actual assurance over the internal controls related to financial reporting and therefore the reasonableness of the reserve info that was audited. the 3000 is an audit it’s just more focused on things like security vs reasonability of financials.
that’s not a full-blown audit, it’s more like an attestation. if tether is crooked, they would simply provide fraudulent documents.
oh good some random company i've never heard of from the cayman islands (weird choice since tether says it is incorporated in hong kong with offices in switzerland) said "this is totes legit" an auditing company that when i look it up on google maps, it shows as an unmarked parking garage with nothing in sight but a mailboxes etc. which might have something to do with them having a po box listed as well, if they have no actual office. probably the box is just at the mailboxes etc? a company with only 5 publications listed, a couple of which seem to be more like instructional guides not even audits. yup nothing to see here bois
they lost my trust as i saw the "wp-content" in the url...
save us a click perhaps?
mod spreading false information lol.
one big shit not audit, any true audits are from big4
how do you not know what an audit is lol
aside from the fact that it’s an attestation, as noted by others, the vast majority of its ‘holdings’ are purportedly commercial paper - aka short-term inter-company loans. 30b, to be precise. the total value of the us market in commercial paper is usd 1t. tether holding 3% of that would place it alongside other titans of finance like jpmorgan, blackstone, etc. that seems exceedingly unlikely for a company that can’t seem to even find a major bank to work with it. the more cynical among us might suggest the possibility that the commercial paper, as it were, consists of inter-company loans among tether-affiliated entities. loans nominally backed by btc purchased by tether printed out of thin air.
there was not. it even says in your link that it was an attestation not an audit. this sticky note is a blatant lie.
what's the point of dcaing a stablecoin? the dca is always going to be ~.
as long as ~10% of tether does not get cashed out instantly by using redeem function it would not crash. most of the trades happen inside cex websites or wallets, so it does not directly interact with tether system.
actually, this time the burden of proof is on the company claiming they have .5b worth of cash inflows to print 1.5b tether tokens. they need to be audited to thispel this. otherwise, this will continue to be the elephant in the room.
can you prove it’s backed? you’ll get
lemme know when you find a way to leave this damn planet
tether could thismiss the fud if they just did an audit. but they cannot unfortunately
i think i understand why but why do not africans accept usd?
we wouldn’t accept your 50,00,000 african fiat in the usd as well
so what? fiat is bad so it is ok for crypto to be even worse?
time for a refuel approaching soon?
it's frustrating that the greedy will always be out there, willing to cross lines that good people would not.
tears and cries of the working class.
the us dollar is backed by a 25 trillion a year economy and the most powerful military in human history
i think because one of the ideas behind crypto is that we circumvent the idiocy of governments monetary policies. not really working if tether is doing the same.
almost every other stablecoin is better. take your pick of usdc, busd, tusd, ust, dai, mai, mim…
secret service might be more appropriate. they handle counterfeit currency enforcement. not sure how that works with crypto exactly.
lmao, you still believe regulators are doing their job? oh my sweet summer child.
tether does not have nukes at their thisposal.
minus the military and power of taxation that’s exactly it.
nit necessarily, sometimes tether is printed if a big sell off event is anticipated for crypto.
it was revealed a little while back that tether was partially backed by commercial paper rather than all actual dollars. more simply, they hold the notes on collateral, aka they own debt. big scare here is that they may own a good about of notes against evergrande, who are now defaulting.
wow , you are hiding the username of a bot... thats an actual person
if usdt is delisted, what token will be used instead of usdt stablecoin?
it's super easy. usdt is just a token on various blockchains. there are websites that automate the process and let you create your own coin. making people believe that it is actually worth something is the hard part.
i don’t think we need to sell all of our usdt, because i don’t think this will affect the price of usdt at all lol
**usdt's trading volume in the crypto sector accounts for 67%. even if biden finds a reason to restrict it, it is just nonsense, because it cannot stop its development**
part of the problem you do not get is with this "money printing" they can buy tons of btc with their fake money that all they have to do is type in 1 trillion dollars and boom it is there so they are artificially inflating the price of crypto as well as having the ability to pump and dump the entire market risk free this is a big big deal that can cause a 90% crash and a long winter
not only that tether cannot back up the coins the give out...but they are massively inflating the prices of some of the top cryptos. so the bitcoin prices we see now are in part due to tether printing essentially there counterfeit money. if the truth comes out in a official manner and they get shut down, and it is a matter of time, we will have a massive crash not trying to spread fear, but i am a bit scared myself, look up coffeezilla's tether video on youtube it is the one with 1+ million views
i just paid . would you buy that air from me? if so how much would you pay?
its like nothing is safe or?
but based on this post, commercial paper is not backing, because only 2.9% is backed.
yes and i like
mmmmmm it really is tho. i’ve read the “ fine print “ shit is shit no matter how much “ they “ say it’s “ worth “. ltc 4life
> well if it value is tied to usd wouldn't that make it useless? no, that alone would not make it useless.
its been almost a year... where'd that flair come from?
if binance are backing their stable assets 1:1 there should be no worry. but do you really trust them?
no you do not get it, as someone explained above it is an infinite money loop, they issue 1.5b in tether with no back up, they buy btc with those during the dip, then they say tether are backed up by these btc which is actually true since btc is an asset. it's crazy and scary at the same time
btc and eth price propped up by tether.
no. it should be higher since some of the assets ( commercial paper ) could default. they should be investing in govt bonds which provide yield while being pretty damn safe. excess of 162 million on 76 billion in commercial paper is quite low.
in fact, i am also very curious about your question, and i do not want to understand why it is!
oh man...how much % crash are you expecting
how is inventing buttcoin or whatever not "creating money out of thin air"
the us has not learnt yet. turkey is learning but it is too late.
me neither! only stables for me are usdc and dai, some actual backing…but mostly only used to get from a to b as in lp or stake
what could possibly go wrong?!
hardly any tether gets burned.
yeah, the fed usually relies on bad business people and lawyers for whom tether is not the first scam company they are part of...
you already can so why do not you put your money where your mouth is.
i suspect most of this 3t is air...
who really gets these real dollars in the end? inventors of game money... that only has value is you sometimes sell some back for real money...if you stop... then one way street
well yeah, it is supposed to mimic the dollar so why not? i actually like the attention to detail there.
that’s not bad usa approve this message…...
this shit hit home
how fucked are we though?
sounds like a video game cheat code
sounds a lot like those money glitches in gta online 😅
it’s like the paddy’s dollars of crypto.
except there are only 19 employees. if the company had even a single neuron they would give each employee 100 million to buy their loyalty.
easiest million dollars, that are also, well… backed by nothing….
i mean they can just check [tether.to]( where it says nobody is entitled to actually redeem tether for usd. that's all the proof any sane individual should need.
every government is using this one simple trick
because *there can only be one*
so we will get a second chance to buy btc for .
>it's the biggest house of cards in history. are you aware that central banks are doing literally the same on a **vastly** greater scale?
oh hooray for people who think! :) **major applause!**
so is tether responsible for btcs gains over the years or has it added tremendously to them, and if so, what year would that have started? just curious, thanks
is there any evidence of this?
except no printing is required, such a scammers cost savings! :) r
the comment was probably satire, yeah, but to piggy back of this comment. imagine you could create money out of thin air whenever you wanted. now how much would you be willing to pay for your favourite dog token. , , ? it does not matter to you because you can just make more fake money. but it also means the price is not real any more.
i believe it was satire
i was being glib because i'm british but i understand the problem. i try not to use tether and would encourage other people to move away from it as well. a gradual shift away from it is probably the best outcome.
doge is protected! 1 doge = 1 doge
confirmation bitmart was not hacked and actually faked the hack because they don’t have the cash on hand to cash people out.
sure, but that is also true without tether. if market cap of a coin is , that is just based on last sale price, it does not mean there is . if people start selling en masse, they will only gets fraction of the . regardless of tether. tether is convenient to make trading pairs on the exchanges, but the value of other coins does not depend on it directly. if tether becomes untethered then that is mainly an inconvenience for the exchanges, and will hurt trading.
so what youre saying is theres gonna be a dip
crypto becomes what it swore to destroy, fractional reserve banking!
i've been on-repeat with this one since the beginning of 2021. i rarely got upovted. i am happy your comment got more attention. the entire crypto space is fucked. the entire pump was done with the counterfeit money. i will be buying btc back in the '000 - '000 range
and that kids is why you buy your coins and take them off the exchange. let the fuckery carry on and hold your shit safely. sure bank run may happen… btc will always be good. hold.
so basically it’s the same as when the fed creates trillions of dollars out of thin air... got it. the thing is, even if tether is a complete scam backed by nothing (which i don’t believe it is), it doesn’t change the fundamentals of bitcoin. it may be effecting the short term price movements of it, but if tether didn’t exist there would still be a demand for bitcoin. none of bitcoin’s (or any other cryptos) fundamentals have anything to do with tether. at worst, tether is a scam for the proprietors to acquire bitcoin.
the rare jem in an ocean of useless rocks! this ☝️is the truth.
lmfao. the amount of people convincing themselves this is satire because they do not want to or simply cannot deal with the severity of the implications of what you just laid out is hilarious and concerning. we all just want to keep sipping the kool aid.
don't overcomplicate it bro. think of tether as an iou. that tether is "backed" by the asset you exchange it for. it's the same as a bank issuing you a loan for your car. there is no money until you sign the loan agreement, at which time, the loan money suddenly exists out of thin air. and you're mixing your idead of backing with a bank run (liquidity issue). if everyone went to their local bank and demanded cash for all their deposits, there wouldn't be enough to pay out either.
isn’t that the same with central banks and regular currencies?
isn’t it possible that an institution or series of institutions deposited .5b for tether and these were minted as a result of that increase in deposits? why are we just assuming it was minted with no deposits?
sir, this is a wendy's.
this really should be under sec investigation as tether is essentially functioning as a money market. back during the financial crisis there was a money market fund that 'broke the buck' because their underlying assets did not hold their value and you had money market funds go below . us treasury had to intervene and provide support through the temporary guarantee program.
1 btc = 1 btc even when tether rugs 5head
tether is so funny, it is obviously a fraudulent system, it is been used to pump everything since its inception, all the exchanges love the inflated prices because they get to acquire fat stacks skimming off the larger numbers, and it is not even like they are a country trying to maintain a currency peg or something where they maintain a ratio at a given amount for as long as they have reserves to keep a set price at (which always fails when you run out of money btw), they go with the even funnier notion that each tether is worth a dollar, the simplest thing in the world to prove yet have always refused to.
i still do not get it. at the end when tether finally crashes because it does not have the liquidity to pay out what is being asked of it, is not that just affecting tether bag holders? i guess it is more that tether failing would effect all coins because people see a coin fail makes them pull back on everything and start selling, but then what? it cannot really kill bitcoin can it? that would be like the big ponzi scheme that happened in finance recently killing the dollar. indirectly it may have brought the dollar down but it really cannot kill it right? i am a dummy in all things money and coin related so please keep that in mind when responding.
what's the solution? regulation for tether and co to keep them honest? or some superior decentralized solution which is somehow not susceptible to this?
what this guy said. remember when gme was shorted over 100%? this is what tether is doing now
i love this comment
the funny thing is...even pointing this out risks causing a bank run. it's already far too late to pump the breaks on this. it's not a matter of if but when.
isn't that just what banks do tho? i mean currency is only worth what people think it is worth. so it does not matter if it is being inflated because then it is still worth what people think it is worth. currency is dumb. crypto is the same amount of dumb.
forgive me if i'm just not understanding but usdt creating more usdt tokens out of nothing is not really an issue. those newly created tokens can only be bought by anyone for . it's like the fed printing a load of cash then keeping it in a warehouse until someone buys it from them for 1 dollar each. until then, the tokens are just held by usdt themselves and sold to exchanges at a price of 1:1. now, if you are saying they are minting new usdt then buying up btc without paying for the usdt themselves first, or selling to exchanges at a thiscount or not topping up their reserves with the money they sold at, well that is is obviously an issue but i have not heard of any evidence of that. as for funds not being backed 1:1 and for the potential of a bank run. yeah that is possible but a bank run is also possible in real banks, in fact, there is a famous bank run that happened in the uk to black rock i think it was called during the 2008 financial crisis.
the problem is actually much worse than what you described. tether does have legitimate cash backing some of their assets. it has a 75.5 billion market cap as of today. i'm not going into the liquidity problems you have already addressed. the other biggest liquidity issue is tether says they only have 29% cash on hand. liquid cash if you want to sell your coin. where is the other cash? commercial paper. they have lent out your money to risky businesses to get a return, just like a bank would but without a team to do any due diligence. they only have a team of less than 20 i believe. if i had no risk in lending out your money in an unregulated market where would i lend your crypto liquidity? i would loan it to chinese business that were promising the biggest returns and with something of a reputation. **here is the problem, you as the crypto holder are taking all the risks and will see none of the rewards if these paper investments pay back this investment. the holders of tether will profit from this with no risk. if the investments fail you alone will lose not tether.** mainly evergrande. why? tether is reporting 75.5 billion in what should be cash. to lend out that much cash is no easy task especially with such a small staff that has little to no experience in lending. thus you look for several large clients to lend to that look stable. it is reported they have invested in evergrande and companies like it. evergrande has over 320 billion in debt and is on the verge of bankruptcy or already is bankrupt depending on who you talk to. there is also no chance you are going to see anything if those companies crash. crypto was designed with a beautiful goal in mind after the last financial crash. decentralized money that could be easily verified through a public ledger. tether is taking that concept and destroying it in the name of pure greed. its allowed them to concentrate elon musk levels of wealth in the hands of a few people with none of the skill. their reckless paper investments are directly tied to the global economy now. if those companies fail, the money is gone. i hate to say it but i believe tether is going to be a much bigger collapse than enron, worldcom or theranos combined. ' tldr: tether is acting like an unregulated bank and lending your money out to very risky companies for commercial paper. they have no risk in lending out the cash reserves of tether and everything to gain. if the market wants to pull out money it wont be there because its an iou on paper. greed will destroy another industry or significantly damage it.
regardless of whether tether is fully backed, what is used to purchase tether ? fiat money goes into exchanges and then buys either crypto, which is then traded for tether, or straight to tether at a ~1:1 ratio.
i doubt it. banking reserve requirements are 0% so almost everything banks buy is backed by fake money. also a run on tether would trigger a run on , not it is
ye ol ponzi scheme
is this going to be the huge dip in crypto i keep hearing about? i guess i should wait?
thank you for the wonderful explanation, what is the solution to this should tether be shut down and delisted then? should we all just avoid tether ? sorry if i sound ignorant but i'm very new to the crypto space and am still learning.
something like 90 percent of exchange volume is tether. people don’t realize how big of a ponzi scheme crypto really is ever since tether came into the picture.
but shouldn’t printing tether drive down it’s value, ultimately make it so that it can’t buy as much of other crypto?
> sure some people can sell their bitcoin on coinbase for the listed price and cash out safely. but not even close to remotely everyone can do that. this is how it always works, whether there are fake stablecoins or not. it's also how stocks work.
you fundamentally do not understand banking or currency exchanges, and it shows. bitcoin is not a bank. bitcoin wallets are not bank accounts. and cryptocurrency exchanges are not banks. there can be no run on the these because they are not banks. you repeatedly say: >the goods are not backed but that is nonsensical. a bank run happens because the deposits made by customers are *lent out* to other customers. if all deposit bearing customers ask for their money back at once, the bank does not have it all at once. but bitcoin is not a bank, and neither is the crypto exchange. they do not lend out anything, and therefore there can be no run because that is not what is happening when you go to sell your crypto coins. when you sell a crypto coin, the exchange does not need to "have the goods backed" because it literally puts your coin up for sale at the exact moment. someone either accepts your offer at that time or they do not. now, it is possible bitcoin is overvalued and due for a crash or correction, but that is far and away different than claiming there will be a bank run on it. like, i cannot stress enough how utterly stupid you sound to anyone who knows anything about currency when you claim there will be a bank run on bitcoin. it belies a complete lack of understanding of currency and banking. ' edit: i cannot stress this enough: crypto exchanges are not banks and therefore cannot have bank runs. this is literally the reason that crypto exists in the first place! because people were tired of having central control of their currency. the entire fucking point of a crypto wallet is that it is not dependent on a bank in any form or fashion. how can there be a bank run on a currency that is designed from the ground up to not have any bank involved at all!?? this is literally what the public ledger is meant to solve.
it's funny that people freak out about this but do not freak out about the actual us dollar. i guess when its "inflation" it does not matter lol edit: i'm not saying this is not bad, i'm saying people should hold usd as accountable as they hold crypto.
this is likely the reason for the extended bull-run. we're all too deep to pull out now.
eh. i turned . complain all you want but this simpleton will keep enjoying my extra car worth of returns every year until this bull run crashes. and to be clear, that was . ill still max out my 401k. don't invest in anything, crypto or other unless you fully understand it. btw it would help all of the people in here to read up on web 3.0 and how crypto will power the worlds internet in the future. that's why i'm investing in it. check out alexis ohanion (yes the reddit founder) to learn more about web 3.0.
not to get all whataboutism but how is this any different than the us federal reserve or chinese central bank doing the same thing any different?
same for e stock market.
you have no idea how any of this works do you? i make fake money. i purchase real food with fake money. we find out later the money is fake. i already ate the food. i can’t explain it any simpler than this.
this problem has nothing to do with tether -- the real problem is that crypto has zero intrinsic value and generates no cash flow. there will never be enough liquidity for everyone to exit.
>due to the fake dollars purchasing the crypto, the prices you see for all your favorite coins are fake too. if a significant number of people were going to try to cash out, there would not be enough liquidity to in exchanges to do so. there would be essentially a bank run of epic proportions and the entire crypto space would plummet to almost nothing again. that scenario has nothing to do with usdt being fake or not. the same holds true for any asset.
u this is precisely what is about to happen.
only people getting scammed are the one buying tether (with other crypro or conventional). also exchange will probably remove tether. also, i do not know how tether work, but you should not be able to create anything without miner consensus?
man... people gotta be dumb as fuxk to sing up for this nonsense. none of this is real or produces anything of value...
what if i hold only usdc though?
that will only happen after i buy.
okay so what can we do to mitigate this? essentially we shouldn’t be buying any crypto due to the tether bomb which is going to exploded at some point?
do you have a ted talk i can watch or
> if a significant number of people were going to try to cash out, there would not be enough liquidity to in exchanges to do so. there would be essentially a bank run of epic proportions and the entire crypto space would plummet to almost nothing again. do we even know if this lack of liquidity is not there right now? there's no way to tell. most other coins have even less of a backing in real (non-crpyto) assets than tether.
alright thanks for the explanation. that is absolutely absurd, might take some of my investments out
so i understand what your saying and agree with you, i am so new to crypto, at this point it has just been an experiment of turning my 3d modeling computer into a pizza money miner, but i have had aspirations of becoming more involved with crypto, so how does the world of crypto stop these types of scams? do we need some sort of a vetting process to make sure that the coins ect that are being made having some substance? or do the exchanges need to stop accepting these types of non-backed coins? i truly do not know, if you or anyone else has an opinion on it i would be truly interested in hearing more.
if tether is “tethered” then it shouldn’t be worth a dollar. anyone accepting it shouldn’t be taking it for . you’d be stupid to sell bitcoin to a tether holder as a dollar equivalent. that is, the price of tether relative to others should collapse.
kinda sounds like something else doesnt it...
would coins with a purpose be affected too like lrc and their new gas fees etc?
the fed prints, and tether mints.
don't forget there is a million dollar bounty on tether's detailed backing. source:
what is funniest to me is that they use trx usdt , they do not even want to pay the erc-20 gas fees on the transactions lmao
if you think the market is not already sabotaged by people with pockets waaaay deeper than either of us... well i got a tiger repellant rock that you may be interested in. when the key to the kingdom is money, it is the ones with money who will find a way to take it, and the crypto kingdoms like bitcoin and ethereum are probably already bought and sold to the point where they could be made worthless if the right people decided to. look at what's happening with gme and all that, open market manipulation and nothing happens. using a resource (money) to defeat someone who has way more of it at their own game is generally not the most successful plan for a reason. especially when all the advantages you get for using it are also the same advantages the enemy has.
it just feels like a ticking time bomb
watch it collapse and lawmakers use it as an excuse to ban cryptocurrencies.
i think for small people what can be done is education on why this is an issue, on what to use instead and just generally being careful about the market.
what? not the 1000s of scamcoins?
is there a ridiculous fee you're paying everytime you transfer from the exchange to your ledger wallet?
loss of trust. fear.
i know, its insane but this will come to haunt us. i fear the bear market will be even worse than before
>this whole bullrun was 90% created by tether. could you explain why you think tether has a link with the bullrun?
and this statistic was pulled out of your ass.
so you're saying that tether, not devs and innovation are what caused the bull run going on? so eth, sol, ftm, avax etc; literally all the innovation going% of the bull run? ... -_-
that has been debunked many times. if you look at the chart, you can see that the price of bitcoin and the demand for it, typically happens before tether prints. and during bear market they are constantly burning to kerp up with the decline.
like chinese bonds which default
no kidding, this feels like a cash grab before the wheels fall off. people are getting more bold with their fuckery after seeing decades of people not going to jail for this kind of shit.
will add images to pdf. anything in particular? will a leprechaun riding atop a unicorn while galloping on a rainbow do the trick?
ok and thank you for your donat...err umm purchase.
it's hard because crypto obviously been accepted by governments and the establishment and its clearly going to be a huge part of every industry in the future. but the amount of.manopulation, scams, deceptive marketing, marketing towards children, and the blatent criminal behavior of exchanges, stable coins, and market makers make it hard to choose when to invest and what to buy. this is why i buy in beat markets, when there is blood in the streets.
i was pleasantly surprised as well.
i fucked heather too
welcome to this sub. it's literal garbage.
it only collapses if sufficient people try to get it out at the same time doesn’t mean it’s nothing
more like "the only comment i wanted read".
that's 5 minutes longer than my risk tolerance.
doesn’t matter. it’s the primary on ramp and off ramp for fiat to crypto conversion and back. if tether goes, so too will virtually all crypto. friday’s crash was nothing if tether goes down. doesn’t matter if you’re actively holding it or not.
we are all touching it indirectly unfortunately.
there are far better stablecoins out there like usdc.
looks like tether really wants to become the digital dollar, they print the same as well!
tether: countries need a printer for more money? pathetic...
unfortunately, we still need usdt to buy certain altcoins on exchanges.
should have been around in 2018
busd is about as perfect as it gets. it only is branded by binance but is actually run by paxos and regulated by the state of ny. that means the funds that back it are audited and have to be almost entirely cash.
you can say the same about reddit as a whole. try speaking against some fairly prominent world impacting topics. unless your opinion is 100% unfaltering in favor of one viewpoint, you can expect downvotes and negativity. you have to agree with the hive.
who is the son!?
oh it will absolutely bite us, unless mandatory legal reserves are instituted before it does.
the only honest one
same as 99% of the people here but they wont all admit it
stable currencies are about 50-60% of the trading volume everyday. that volume would thisappear overnight so 50-60% price crash justifiably right there then there will be the panic selling causing a nice 80-90% price crash and this is if it only tethers doing this and not the other stable coins too...
nah, the us gov has actual assets to back printing. this is more like zimbabwe with their 10 million dollar bills.
tether is the main source of liquidity in crypto. if it goes down, it will take the market, all of it, with it.
crypto is currently propped up with extreme leverage offered by centralized exchanges. if the asset used to provide the leverage collapses then... you do the math
they are just printing fake money to buy btc eth and everything else. which adds “fake” billions to the market cap. just take tether market cap out of the market and suddenly we will get a “real” crash. and probably a huge bear market
because of liquidity. tether provides by far the most liquidity for btc. if you were to all of a sudden remove all that liquidity, there would be a significant amount of downward pressure on the price.
yeah what a fucking meme
honestly i didn’t even know it was possible to have the ratio at 0. well anything is possible, but banks are in fact no longer banks at all.
i agree that the tether catalyst might be far off - but i think once the bubble in the stock market pops within the next couple years - we will see an effect on crypto that might cause that tether catalyst to happen sooner than it would. i am still dca - ing and holding but i am holding back a lot of my powder so when that catalyst does happen- i can buy big
in the end, is not this the same as margin trading?
sure, but everyone must remember that the greater the reward, the greater rhe risk.
they probably can’t tell it like in a lot of contracts where confidentiality exist. they won’t say: « hey ftx just asked for xxx usdt ». that’s what i’m telling, people are assuming. if they were really this shady, cex would slowly stop using it, coinbase especially wouldn’t have added usdt as they are highly regulated. they obviously know way more than we do. i agree with the information we have their behavior is shady, but this particular post makes no sense as it just relates they are printing and then add « out of thin air » without anything to prove their point.
this is critical. the attestation basically says "yes, they told us this is true," while an audit says "we verified it ourselves." that's why it specifies their claims are "correctly stated *based on the balances set out therein*" -- that is, the numbers they *said* add up the way they said, that is all. it does not verify whether the numbers they said are actually accurate.
shill* not a mod. ghislaine maxwell helped damn reddit moderator rules so slime like this can deny and avert to what sums up to more lies. they have tactics and this is one of them. this is what we have as gatekeepers. people with aversion tactics.
so a ratings shop, 2008 anyone?
correct = no audit has ever been issued, though tether published an attested report in march, 2021. an audit is generally considered to be a far more intensive accounting procedure than an attestation.21 july 2021
audit...methinks they dont know what that word means.
also if it were an actual audit and not an attestation.
ok now that is some cause for concern.
look how young he looks...
that's an executive, not the head of the firm. managing partner is probably the one you're after.
what a sketchy audit. really glad i haven’t gone near this stuff.
yeah, people keep quoting this moore cayman bullshit. they have 5 fucking employees and audit tether's ? seems totally legit.
no way i'm holding usdt after this ahahah
lol not even a cpa
their lack of transparency is concerning but they make so much money they do not give a fuck anymore.
the telephone numbers are mostly uk non-geographic: +44 (0)20 3xxx xxxx, commonly used for voip phones.
i gotcha: usdt is a scam apparently.
usdt is evil money of internet
only 10%…. so if we see any sort of financial crisis, it’s kapoots then. seems very “stable” unless i’m missing something big. i am genuinely clueless when it comes to the intricacy’s of crypto
love how you took it personally. you make your country look dumber than it is.
rip in peace thank you
who the fuck cares about usdt? i’m talking about doge and shiba
for some reason, i trust usdc more. soon my belief in dia might be stronger. plenty of time for hackers to find vulns in the smart contract.
i was kidding. but now that i think of it, any way to short this garbage?
i get it about usdt. i was talking about usdc, which does "seem" more legit.
who knows. it was a 90% drop in bear market last time. who knows when it will happen or if the market gets a reprieve by them fixing it over time.
but usd has a country behind it. teather has...19 dudes on some island?
does that also mean usdt is inflationary?
we're gonna need a bigger boat(ing accident)
i literally read the second link, clicked coin market cap and literally said “holy fucking shit. how is this still a dollar?” i support crypto, but this makes the community look bad. and i really hope crypto takes hold, i have no faith in the stock market.
we are the bottom
it is a game of musical chairs...depends when that music stops! :)
dont know shit about how fucked.
if that is true, we are not fucked at all, since tether should be fully backed. it's just be a sick business practice to essentially borrow from the market for their own gains.
very, very very fucked. these pieces of shit are buying btc via imaginary money that is gonna be used to liquidate from the exchanges for real money. the exchanges are the beating heart of crypto, you need them for liquidity.
literal gta online money glitch. reminds me of when you could buy the rusty rebel for 3k then stick 20k rims on it for free, then sell it at a profit.
i'm guessing this is why there is only 19 employees
they can pay them in tether. basically allowing them to swap to usd. its a slow rugpull. but faster than fiat.
if you'd take 100 million to scam people, why wouldn't you take 101 million to scam slightly more people?
maybe they have! :)
people have only confirmed the existence of a few. the cfo was on twitter, and he as crazy as john mcaffee. paulo is the main face of tether. tether got mixed up with el salvador, too.
so you're saying theres a chance?
sure, but central banks are backed by huge governments that have tanks and men with guns and hundreds of millions of citizens obligated to pay taxes using the paper that is printed by the central bank. if it is in literally everyone's interest to prop up the house of cards, it stays up. if crypto markets collapse, who's going to step in? in fact, you could argue that no central authority *should* step in because the whole point is to be decentralized.
one huge huge difference. say what you will about the dollar, i agree, usd has its share of problems. but it’s backed by america. now no matter how you feel about america. it exists. it’s something that will keep existing and has a need to keep usd functional. tether is a group of assholes hiding overseas. the stakes aren’t the same. fuck tether. they reek of con artists. i didn’t even understand the coin the second i saw it. so i decided to stay away from it. i plan on paying my taxes and doing everything properly anyways. so if i’m trading back into usd, i’m taking the actual usd and not some funny crypto representation.
probably the dumbest comparison i've ever seen. this is the reason the crypto world is laughed at by the financial community.
tether operates like a(n unregulated) regular bank, not a central bank. central banks operate on entirely different principles and are not comparable.
doesn't matter. rules for thee but not for me stands with governments so while the us dollar is simply too big to fail, tether is not.
okay, in the sense that money is imaginary. but it is also an accounting. the central banks have the real backing of 7 billion people and the actions they take. the splitting of money to various forms, with each one able to increase or decrease in relative value to itself, and to each other, helps it increase its robust hard value in the use of its consumers. so yea, its not 'literally' the same thing.
that's been the rumer since 17 or so
so, in other words, electronic fake currency is being bolstered by physical fake money. got it.
yeah like parodying old school "i do not trust the banks so i keep cash under my mattress"
where have you been? satire died like 4 years ago buddy.
yeah, crypto is known for people being reasonable and making gradual moves. ^^^^
yeh a “gradual shift” by everyone is called a bank run
unironically a good take though.
it's half the market volume. tether unpegs, and the market collapses as exchanges become insolvent.
partially driven by hype. also largely however driven by its inherent usefulness (immunity to inflation, smart contracts, covertness, etc)
everyone always uses the whole “like when the fed prints money”. this is just stupid as fuck. is it similar? absolutely. but the difference is that many other countries rely on usd for trading. not to mention that usd gains it’s legitimacy from the strength of the usa. we have infrastructure, military, etc. to back usd. while crypto is only backed by people’s belief in the currency.
they're saying the comment this one replies to was satire.
yep. this tether is not being minted to buy bitcoin, it is to meet demand for tether during a market crash - traders parking their assets in tether rather than converting to fiat. it's not a sign of weakness in the market but indicates at least this much is waiting to re-enter the market.
that's why we made it digital and almost pay everything with plastic cards and phones. we made it that way so we cannot run out of it anymore.
it is not. for one thing, many currencies are backed by vast amounts of resources. for example, the us government holds over 8000 metric tons of gold and 41,000 metric tons of silver that they can sell off in the case they need to pay back debts. they also have over 35 billion barrels of oil in the oil reserve, and a whole metric fuckload of other flat resources they can draw down on to keep their currency from going into a run. everyone knows the usa is good for its money, and even if you do not like or trust its paper, the country itself has a lot of other incredibly valuable things it can use in exchange. bet you the tether guys (and most of people running crypto exchanges in general come to think of it) have very little they can draw down on if most of their holders want to cash out. maybe a few hundred overloaded gpus, and a house in the suburbs somewhere.
because if that happened tether would be shouting from the rooftops about it instead of sitting there quietly looking sus.
also, and i can’t believe i’m sitting here somewhat defending tether, but their deposits detailed in source 1 are actually pretty reasonable. 75%+ cash and cash equivalents 12% secured loans to 3rd parties, 11% corporate bonds precious metals and other investments, 1% other tokens. that’s probably better asset backing than most banks. my first instinct when i see a .5b minting isn’t fraud, it’s that the increased engagement from actual traditional finance players and literal governments is driving this sort of volume.
yeah people were screeching about tether back in 2017 too so be prepared to wait for years.
>it's funny that people freak out about this but do not freak out about the actual us dollar. i guess when its "inflation" it does not matter lol "it's funny how people freak out about theranos being vaporware with no actual product, but no one complains about the fact that candy bars are more expensive today compared to 20 years ago!"
the difference is in the public oversight of the dollar.
that is not true for any asset as most assets cannot be purchased with fake usdt.
united states approves it!! bullish on inflation
yeah but how many aircraft carriers does tether have?
now we only need an insider leaking the not-so-fun stuff.
i thought the american government was supposed to be making all the stable coins prove what they’re backed by this month?
given that you have not been eaten by tiger yet, i'll buy 1.
how about cex’s stop listing usdt all together. they can do what they want
>trust the financial regulators on this one trust them to do what? the regulators have been talking in-depth about crypto and stable-coins specifically, for several years now. it's almost dominated the talking points at any conference involving sec or cftc officials. they understand the technicals well enough (though most of them do not understand the value or potential value that some crypto could have, and they are not necessarily fans enough to work towards policies specialized to help crypto succeed). they're not villains (mostly), they are just responding to incentives like anyone else...but they do not have incentives to do whats best for people at large and for crypto: leave crypto users alone, (nobody in government does). intentions always fall short of incentives. and the road to hell has already been paved by good intentions. the politicians are mostly clueless...especially the ones who hate crypto and want to regulate it into the ground (which they have already almost done; anyone who thinks crypto is some unregulated wild west is an absolute moron or shilling for some political position). always look at people's incentives- regulators want to get clout and power and grow their departments and influences, and be considered for higher office or for high-paying position at companies they once regulated (to help those companies stave off the worst damage of the milker bills proposed and the regulatory extortion which these agencies often implicitly threaten industry with). politicians want to win the next election. grow their power. appear that their "doing something" has saved people from evil thing (crypto, drugs, internet porn, terrorists, you name it). they have incentive to enrich themselves and fund their next campaign by extorting industry and pulling them in to the game, with milker bills (rattle sabers about destructively interfering in industry until those industry's lobbies come knocking and lubricate the wheels of political. trust that. everyone's in here complaining about a company printing tokens out of thin air **which no one has to buy or use** (unlike your nation's fiat currency), when most of the volatility and perpetual speculation on speculation which dominates the uses of crypto now, is a direct result of several regulations and interventions by the u.s. and other governments. especially the tax classification; which makes it de facto illegal to even use crypto as a currency (i.e. no one can possibly track and report their basis and profit...so of course all that is left for blockchain tokens is to be traded speculatively and used for defi, which the infrastructure bill is probably killing). there's so many other ways which governments have already ossified and stagnated crypto from fulfilling its purpose and developing into actual decentralized alternatives to centralized financial intermediaries (e.g. aml).
will other stable coins like gemini blow up too? i guess a lot of these "lending"/"earn" exchanges will go bell up and with your money in them?
i use usdc, dai and a bit of busd
there can be more than one thing that creates thistrust. also usdt is a lot more of a factor than a scamcoin you choose to risk with.
10 free transfers (any amount) per calendar month. then reasonable fees afterwards
on gemini you get 10 free withdrawals a month. it's great.
i doubt that. yes, a lot of coins will fail. but the utility in the cc market now vs 2017 is day and night. i do not think we'll see something as drastic
1. print tether 2. buy bitcoin causing the price to increase 3. wait until fomo sets in and people start buying and price goes even higher. 4. sell bitcoin on actual usd pair like on coinbase and extract usd to back the tethers you printed. ' in the event, this is uncovered that meant all the price growth that happened since 2016 is fraud and the price will fall like thunder.
it is part of btc's rise, that is the point. let us not quibble over details, but focus on the macro issue: tether going bust would be a huge calamity in a 3.5t market. and you'd sure wanna buy ***that*** dip haha.
i have definitely read this exact comment a while ago, still not untrue.
128 pixels or fewer. i prefer my overpriced art to look like a video game from the 80s
i'm worried about cashing out and this crash somehow not happening, then kicking myself for it
it’s really sad the amount of stupid scams and rug pulls fake icos and public figures doing pump and dumps with crypto, like that save the kids coins, so many youtubers scamming and also celebrities getting in on crypto scams. jordan belford ( wolf of wall street) spoke about people thinking that they will get away with crypto scams with impunity being morons, specifically referring to public figures doing deliberate pump and dumps like that milf coin and thousands of other occurrences, where they made hundreds of thousands doing shameless pump and dumps, the government can definitely come after you. and if tether causes a crash there will be more heat on all the scams that were in the eco system and people can get butt fucked hard , it’s not worth it.
congratulations! you now have aids!
but there are plenty of other stable coins ready to take its place, and those like gusd are backed and actually legitimate. itl will just force exchanges into using better quality assets.
nahhh. we'll just use a good stable coin instead
copy comment text for r. thanks for the advice hitler.
would rather miss on the alts than use tether.
why would anyone start their token on usdt???? there's a dozen better options.
unfortunately the damage is going to be bigger this time. that’s why i tell all my friends to always convert coins to usdc instead of usdt.
aren't usdc and gusd also audited and regulated?
well that is great to hear! it's even offered as a trading pair for basically all large cap coins which is awesome.
one of us. one of us.
exactly. tether is the last major fud that needs to get dealt with one way or another at some point, just like how china banned mining. it hurt a bit once they ultimately did that but after that they could no longer threaten to do so. arguably if tether goes tits up the consequences will be far worse but at least it would eventually force people to use a better stable coin, just like how chinese miners moved to other countries more accepting of crypto. short term pain for long term gain.
lucky for tether they can just mint 42.5m usdt, sell it, and hand it over.
we should want regulated stablecoins, though. they already represent digital fiat. why would we want to base the entire crypto market on fake assets?
i get that, but if i want to trade my btc today and tether is not longer an option, ill just use usdc or dai... whats stopping others to do the same? i guess availability?
ok, how does “free” tether get into people’s wallets and then into the market? are people inside tether just printing it and using it to buy crypto? theoretically any tether existing in the market would be paid for by fiat or crypto. i’m failing to see how un-backed tether would make it into the market, short of blatant counterfeit by insiders. i also don’t know what i’m talking about, so maybe someone can explain?
yes, they can thisclose that. if they hold's money, the public has the right to transparency, investor risk protection, and have their market integrity concerns addressed. this is a no-brainer, especially to a top 5 coin in crypto. mass adoption can only happen if we hold them to a high standard and what their doing is the opposite. yes this post does not make sense (the ,000,000,000 tether already landed on tron's layer [ not sure where the other ,000,000 usdt went), but why does tether allow 500 similar posts like this, that damage their reputation for years now? i cannot imagine a company worth more than . they deserved to be called out, not defended.
i like money backed by absolutely nothing, with a non stop printer. (thanks j pow) usd ftw!
thaaaaaat is how the wooorld woooorks
he even still has his vcard!! how wholesome.
lmao that a whole ass child outta high school
how cute, they are recruiting straight out of hogwarts.
>(mainly domiciled in the cayman islands, bvi and delaware). because every trustworthy audit firm does business out of known tax havens and money laundering hotbeds
if somebody is printing stable coin out of nowhere, it can be used to buy your fav coin and accumulated in large amount gradually. one fine day, with just a click of sell all button, your coin crashes to oblivion. (if it is bitcoin, all market crashes! like now). so, "i'm not using tether anymore" doesnt make us and the market safe. shit, this is a damn serious issue and needs to be addressed asap!
unfortunately, that doesnt save your fav coin from crashing. see my reply earler.
it's not part of a isae 3000 opinion to provide such opinion on controls. this is effectively a substantive audit and they could test controls to reduce the level of substantive testing required but are not opining on the controls themselves. that being said - a no name audit firm in the cayman islands providing providing the opinion is a big red flag
normally tether should be holding one usd for one tether, maybe a bit less if they are investing. but allegedly they hold like maybe 10-20% of cash and the rest is bonds, stocks and other stuff. tether seems to be a ticking time bomb for sure.
of course i took it personally, it’s my home. and every country has its village of idiots, to say everyone here is dumb is ignorant.
and people wonder why crypto is perceived as nothing but a scam...
in response to your edit - that will obviously never happen - but if you just hate your money so much give it to the poor or something, not scammers... or just invest in a crypto that is not a scam...and is not reliant on a scam... or give it to me. i'd make a fake coin so you could view it as championing crypto-currency by supporting a rug-pull scam, but i just cba regardless stop telling people that the outright blatant scams are shining examples of crypto. they should not be.
with the amount of money going to be involved in crypto soon, no stable coin can pretend tanking with their usd supplies. it has to be backed up by btc and btc is getting bigger and bigger so it is a safer and safer backup.
i trust both the same
that's the only right answer
i did that recently, i might consider doing it again 😎
they’re both faith based
and we also the top
we are *at* ° the bottom
5 employees were minted in the last 24 hours.
it would be my prefered way too... tether -> multiple exchanges in countries without extradition treaties; split them up then work remote.
it’s comical that so many idiots just “trust them”
i’ll buy a tank for us
i’ll step in and buy the dip lmao in btc not tether ofc
people on reddit really do not seem to grasp the concept of a "society" or the need for a central government in one. wanna see what society looks like with no government services? check out the murray hill riot of montreal in 1969. a police strike turned the city into pure chaos and anarchy. [ people love to hate on the government right up until the point they are being robbed and murdered by their neighbors.
so tether needs an army now, that pays their soldiers in tether.
so essentially a financial dictatorship is what keeps everything in balance.
a sane comment on this subreddit!
but fiat bad crypto good give me updoots??
half the market volume? jeez. talk about exchanges putting all their eggs in one basket.
well this just proved that it is absolutely not immune to inflation
you act like tons of gold and silver are anywhere near the value of outstanding us currency. those tangible assets are not even a microscopic fraction of the value in us dollars that are floating around. the reserves of gold and silver (and oil and other commodities) are important but they are not even close to being as important as the fact that there are nearly 400 million people working and creating things in this economy and investments overseas. the us government can tax all of it in any way it sees fit with the backing of the largest military in the history of the world to enforce those taxes and debts. that is what gives us dollars their value, not the stacks of gold or silver or their 1,000 days of oil imports in the strategic oil reserves.
isn't "cash equivalents" debt?
i use coinbase, binance and crypto.com. all 3 support cashing bitcoin and etherium directly to usd. no tether needed.
definetly not the same, but they are creating value out of thin air which i think only banks are allowed to do with fractional reserve banking. not sure if that feature is available to anyone else.
no offense but that’s a useless comment. i did read.
you think everyone can sell their stocks for the listed price?
great rebuttal. very well articulated. lol
you're trying to make sense in an asylum. good luck with that.
it can only go up until it goes down
tether being fake has been known for some time though: >this was consistent with the possibility that, as tether ltd.’s various legal challenges failed one after another in the new york courts, **tether ltd. was choosing to issue tethers faster and faster to maximize the amount of value it could extract from the crypto ecosystem before being shut down**.
let it blow up then pass an omnibus bill after does sound like our legislative branch lol.
inflation is more bullish on you
tether will have as much as they want, they’re experts of pulling things out of thin air lol
i guess he will be millionaire!!
what insider? one of the 28 employees of tether? according to linkedin xd
no apparently one senator sent a request
how about dexes start
so if usdt and all of crypto collapses, would it be correct to say that holding usdc, dai, busd would be best, so you can "buy the crash"? would it be dangerous to even have these 3 coins on an exchange, if the exchange becomes insolvent or something, or would a big exchange like binance be safe? i also heard paxg is a good alternative, a crypto backed by gold.
oh wow... i might need to switch to gemini. thanks for the info
the 2013 vs 2018 crash was arguably very different in terms of utility, adoption, and tech but both dropped 85%
the whole ecosystem has expanded so much from 2017, which could be seen as the kindergarten days.
this is the robinhood dude that used his like 1k to leverage, then used the leveraged assets to get more leverage, then went bankrupt in 30 seconds.
**p-o-n-z-i** not a new concept, but always a good one, given the goldfish memory syndrome. another gorgeous post hierisdeschildpad! also dead on. **applause!**
makes sense in theory, but how have they convinced all the exchanges that 1x usdt = 1x usd? the exchanges need to be on board about the value of usdt for this scheme to work, no?
so... what happens if btc price goes down!?
this makes sense but if it is real we are doomed already and do not know it yet. so... oof
i think you are greatly exaggerating the effect that tether has on the price of btc. they are but one whale in the sea and certainly not causing 90% of the bull run. the scheme that you you describe is effectively naked shorting the usd, which is a risky but calculated bet. it only fails if the world loses faith in crypto before the usd. if they are forced to cover it could cause some leveraging effect to drive btc lower than it would naturally go, but i think you're all over exaggerating it.
if this is the case bitcoin would have been 500k a coin and tether can be even more rich.
finally someone who gets it.
makes total sense bro and i agree with you, one thing tho. if it is this shady, why so many whales always have millions of tethers on hands just to buy the dip or whatever?
agreed so can we get somebody to track down tether’s liquidity that can help the ecosystem understand what zones are at risk
but your 2inch dick is holding a surprisingly heavy bag?
if there’s a stampede for the exits there isn’t enough room to let everybody, and once the panic starts it doesn’t end until crypto has essentially collapsed in price. i’m not suggesting it’s a bad investment. i think it’ll recover whatever crashes or collapses happen, and i think there are new ath’s to be reached for the major cryptos. but the reality is, it’s a very speculative asset - it has not tracked inflation, and instead sees massive fluctuations as speculators jump in and out. and like an speculative asset, it will likely suffer if there is a tightening in monetary policy and interest rates are raised (which appears to be the plan in about 6 months). rebalancing will occur, prices will fluctuate, etc. throw in failing infrastructure in the form of tether, and it’s a recipe for a hot steamy shit. other stable coins that are funded with actual backing and don’t use garbage reserves won’t have the reserves to allow all the offloading if everybody decides to jump out of crypto. meanwhile the usd isn’t looking super hot either. if the fed really has been buying garbage chinese real estate bonds as speculated, the usd could face an equally horrific crash. i’m honestly not really convinced by all the bears shouting that this is the end. i think it’s way more complex than most of them give credit for. im currently about 20% cash and i’m buying hard right now (mostly in securities not crypto, but i think they’re pretty closely tied). if they’re right though, the next few months will be a defining make or break moment for the theory of defi crypto as replacements for the usd
and after the dust settles that is a good plan. but it is a mistake to overestimate how calm people will be is a major liquidity provider fails.
there are only better stablecoins, but i'm not sure that there can be any good ones without mandatory legal reserves. i think right now gusd is the best...
fun fact: christine lagarde looks exactly as evil on the inside as she looks on the outside.
i never touched tether. liking ust
it won’t matter if you aren’t directly exposed to tether and it crashes. liquidity will become an issue everywhere. even if tether crashed right now and people tried to make a run to exit the market on coinbase or binance, those exchanges will basically get ddos so that asset that was say 50k when you tried to move it to exit will all of a sudden start dumping. by the time you move btc from bitfinex to binance the price had dropped say 50%. or more depending on the mempool to even send your btc over. then good luck logging in and selling. for those holding any other stable coin the price is going to bottom before you cash out. you will be lucky to get 20% of the value before the crash. everything dumps. everything crashes. everyone is fucked
that would not save you. usdt is too big. imagine something like the dollar collapsing . there is no currency that would not be affected.
to my knowledge yes.
i wish there were more usdc pairs
gusd is yes. usdc is not. to be "regulated" you have to have a regulator. usdc does not have a regulator. paxos usd, busd, and gusd are all regulated by new york department of financial services. here is a good summary from paxos on what it means to be regulated
no, if tether goes down, people will lose trust in the market and it will fall to ~2017 level.
tether prints money and buys btc = price go up. there is no way btc would have reached these levels without tether.
the elite did learn, that is why they are doing it again. new round of golden parachutes anyone?
memes are truly one of the most fascinating parts of early 21st century culture from an anthropological standpoint.
jesus lol. well i have a question, does that go for busd too? because i currently have some equity in busd just sitting in my trust wallet and i can’t take it out because trust wallet won’t let me buy bnb to cover the transfer fees!! i’ll eventually figure out how to get that equity out, but i wasn’t planning on it being any time soon and i sure hope a thisaster happens between now and then lol…
really not painting a great picture here.
can you politely just stop? you’re making us americans look like ignorant, racist pricks. so what if the developing world is turning away from our hyper capitalist economy? so what if they don’t want to use antiquated fiat? aren’t we all here for the next economic revolution and not to keep fawning over which nation has the stronger piece of fabric?
>of course i took it personally no, not "of course". not everyone is an irrational nationalist who gets offended at any criticism of their country. in fact history shows that this type of nationalism is dangerous as well.
yep, talk about inflation :d and the fact that people who "get in" later are the ones paying the profits of the former. the only real money coming out is the real money people are putting in.
plot twist: same 19 dudes are behind the us fiat dollar
usa can bomb everyone and not pay up, what are 19 dudes going to do?
the us has the power to tax the richest country in the history of the world. even if the us dollar ceased to exist, they could take 30% of the grain, cows, and so on and pay debt that way. what can those 19 dudes on an island take?
one is a scam built upon the blood and spoils of war for the benefit of very few. the other is just a scam.
well that is moronic.
i know it is a joke... but, i do not trust 19 dudes in any situation!
please send me all of your seed phrases. trust me, this is just as legit. :)
then you are absolutely out of your mind.
i don’t think the same dudes can match the us military that’s the basis for backing usd. the only reason why we aren’t zimbabwe.
while(true) { print(fiat); mint(tether); }
yep. exactly. despite everyone knowing tether is a problem, there is little we can do but transition to other less fraudulent stable coins.
backed by people or people equivalent assets
seychelles? caymens? (insert name of additional venues and add a non kyc cherry on top of the mop pop! :)
can i ride on your tank? not in it, just on it.
make sure it comes with a warranty and fuel for life :)
well that volume is because if i want to trade coin a for coin b, on many exchanges the trading pairs are all vs tether. so i'd sell a for tether, then buy b with tether. tether then has half the volume traded, but i'd never hold tether for its own sake.
i think the other guy is right and you're also right. however he is right in practice and you're right in theory. in theory if there is a massive run on us currency the u.s.'s total reserves are not nearly enough to take care of business. in practice a run so large that it overwhelms the u.s.'s reserves is never going to happen. the gold reserves alone are worth hundreds of billions, add in the silver, the oil, and other fast-selling commodities and the u.s. probably has something like a trillion in hard commodities that it can immediately call upon. you then add in the fact that most of the u.s.'s debts are in bonds, which have set maturity dates, and the odds of a run on us currency large enough to overwhelm the system starts to look extremely low in practice. in theory of course it could happen which is why you're also correct. i think his argument is that unlike the u.s.'s reserves, tether's reserves are practically nil, and even in practice the chances of a collapse is not remote.
the us has incredibly rich reserves of natural resources and many (not all) of the people who work in the economy are generating value off those self-same natural resources. the reserves themselves are obviously a tiny, microscopic fraction of the total value of the us economy, but they are just one of the most obvious tangible assets that the us government can draw down on if they need to pay their debts, and one that undoubtedly has value beyond any subjective fiat currency issued by a central bank. these reserves are just one of the many things that separate a true currency backed by the full weight of a country, and a cryptocurrency developed by two guys in a garage and run by a board of directors with zero oversight and no regulation.
these exchanges are not liquid enough to cash out the entire market, though. not even close.
according to philips curve, a slight inflation is necessary to avoid increase in unemployment rate. but this wholesale printing by feds and whole minting by tether is unacceptable at any cost.
pitting a virtual air craft carrier against a real one? one shell from the real one and tether is toast. all 19 hands lost (in concept). :)
so 28 people have generated backing for ? that's about the same as the gdp of luxembourg.
ahh, that changes everything. honestly this is something that should be mandatory!
how about anyone start
one of the major downsides, though, is that there are fewer trading options. they only list some (50ish?) coins, and many big ones are still missing (e.g., avax, sol, ada).
and everyone in 2017 saying this time its different
understandable. again, this is only my opinion but the gap between now and 2017 is more significant than 2017 to 2013. i think the amount of money already in and flowing in gives us less volatility and greater price supports. there will be a bear market, but i just do not see 80% losses on coins. if you're all in on memecouns then idc. there will always be gamblers and they take they risk knowingly
but tech and adoption means jack shit because they have infinite tether and can pump and dump however much they want. real price of crypto coins is much less, mass adoption just means more people will be left with worthless bag at the end of the run unless they cash out.
that's what redditors said in 2017 too!
please tell me more
print tethers, buy the dip, pump it up. bitcoin only goes up.
whales are betting this is happening. they are already rich and can take the risk. there is probably already insider info sharing such that employees of tether and the exchange owners all get rich. how do you know that whales themselves are not tether employees faking usage and volume?
isn't like 90% of trading done by algorithms anyway? if they deem it is stop-loss time we're in for an ocean of red.
busd is very centralised but i think it is safer than usdt. usdc is a good alternative but not many exchanges use it directly. you can buy bnb through binance and send it to your wallet address, very easy and cheap.
doesn’t matter if my opinion is popular, it is what it is
china big happy about this.
don’t take it out of context, i took it personally but i wouldn’t take it that far.
there are even coins that allow for inflation, for those that think it benefits the market to leave that door open. i do not have an issue with it if they are honest. but this is supposed to be a "stable" coin backed by fiat...that is literally its only purpose for existing...at least supposedly. obviously reality is quite different.
yea isnt it like 19 dudes at the fed vs 19 dudes on an island? who can print more
it is actually six right now, with a vacant seventh seat.
i believe in that. a few guys saying *print*
cept the taliban lol
> they could take 30% or more.
millions of people benefit from a strong currency, every time you go abroad you benefit, every cheap good your country imports and you pay barely anything, you benefit. this sub is full of idiots with no concept of reality.
don't you know the tether motto that they put on all their coins? "in dudes we trust."
while(true) { mint(fiat); print(house of cards); }
> while (true) { > hodl(shitcoins); > } > make(big_money); right?
"sufficient amounts of organic matter."
it’s gonna be a governance tank so all the members will have to vote on if you can ride on it, rather than in it. i will ask in the thiscord
that’s fair. i don’t thisagree that it would be a shitshow, i was only debating the “you have to sell it for tether” bit.
that’s not what i’m saying. you cannot buy tether for 3 cents. you’re arguing that tether is inflating prices, but in order to exchange tether, you need to buy it with .
when you sell the stock the price goes down
at least the fed's version creates some tangible value. covid vaccine anyone? :) tether makes zip.
>luxembourg is a well known european money launder machine.
no one wants to light the match.
this gives me ptsd
lol the amount of money already in. you do realize tether went from . it gets harder and harder to keep the price of btc since you need more and more money. tether is the crypto market. saying that people's money make up most of the market is completely ignorant to the fact that tether supposedly has the 5th largest cash reserve out of all companies worldwide. this includes companies like amazon,apple microsoft facebook that actually are used daily by billions of people. come on guys do not fall for such an easy rug pull like this.
basically, there was a flaw in robinhood that let a guy use 2k, get 2:1 leverage from robinhood, bought stock, sold covered calls on that stock, then got more 2:1 leverage on the premiums that he received from those options. then once he hit 50k, at 25:1 leverage, he bought some puts on apple right before earnings. apple went up, his options were worthless, and he lost like 60k in seconds.
look up the "guh" guy. i believe his reddit handle was controlthenarrative. scammed robinhood out of 50k, bet it all on apple puts, lost it all immediately, went down in history as a wallstreetbets legend. he filmed it all happening, too, because that is what legends do.
option 3: they lied
yeah that was the other method i was gunna try (binance to purchase bnb), but unfortunately binance is literally taking weeks to verify my identity even after contacting support. it’s like the universe is throwing every roadblock in my way to get that money out 😂 wasn’t too worried until i saw this because i know there’s probably some relatively simple solution out there that i’ll eventually figure out, but i haven’t come across one yet unfortunately lol
plot twist: the 19 dudes behind tether are on jekyll island...
*he sold? pamp it*
oh now i'm in
runtime error: out of storage!!
what you are forgetting is that there is money exiting the system all the time. founders are buying lambos. miners are selling their coins as fast as they mine them for fiat. most of the real money going into the system is finding it is way back out. shit will hit the fan when there is less money going in then coming out. tether printing so much fake money is a sign of that impending collapse. when it goes to shit, it is going to go to shit fast.
anywhere you could direct me to learn more about this?
what do you suggest you do? stay away from crypto markets?
sounds like a hard worker to me. nothing ventured, nothing gained-at least here he got a great ed for just 1k. try that at harvard. :)
[none of you filthy casuals going to link it? ](
if i remember the guy actually had another set up options and made a “killing” off of those though.
we need sminem, asap!
*in 2014, expedia became a pioneer in accepting cryptocurrencies as a means of payment but stopped supporting that option on june 10, 2018. btc payments on expedia went live again after expedia has teamed up with travala.com, a blockchain-based platform.* expedia owns travago
oh god, oh no, oh fuck, oh no
pc load letter!? wtf does that even mean
"it looks like you're trying to writer a letter" silence, clippy!
bernie madoff made a whole lot of money for his investors even though it was a ponzi scheme that ran for nearly 20 years. crypto can make you alot of money even though it is being propped up by a ponzi scheme. it's your decision on if you can handle the risk on whether tether gets exposed. it could happen tomorrow, a year, 10 years from now, who knows. but when it does crypto will for sure have a pullback like never before. i'd rather not keep my money on the borders of doubling vs it all collapsing to near 0.
well done, awards cost money, so i followed you instead.
this is some premium redditing right here...
*proposed* bill but if this pass, it will be huge for btc, and i hope many more countries fighting against inflation will follow
this is certainly good news, but i very much doubt that it will help the economy of this country or the security in it. an investor in his right mind will not go to el salvador))
salvadorean here. while i find this exciting as a crypto holder, i know he is only doing this because he is facing potential economic sanctions due to several cases of corruption among high ranking members of his cabinet and because he illegally replaced the members of the supreme court with judges handpicked by him. this is just a way to work around those incoming sanctions and also to remain popular in social media.
>proposed bill to adopt bitcoin as the legal tender **a** legal tender, not **the** legal tender. the articles i've seen indicate usd would remain legal tender as well.
what exactly does being labeled legal tender even mean in this case? is the country’s treasury going to hold btc as a reserve? is the country going to set up a universal payment system that accept btc? or is this just a show to prop up the failing economy of the country?
the bill is yet to be passed but this will definitely give btc a lot of legitimacy. instead of just companies holding btc, we might start seeing countries do so too over time. el salvador has nothing to lose eitherway.
so... i'm a salvadorean working in it, what i do not understand is why this is better than opening other ways to get money globally instead of going with btc? heck we cannot even withdraw money from paypal or transfer it to our bank accounts...
nothing to be proud of
i'm getting a sense of bullish
*scottish accent* it's legal tender!
country with major corruption scandals is whitelisting a currency that makes money laundering hyper accessible? colour me surprised, this isn’t as good as you guys think it is. it actually has pretty bad optics.
time for me to check out the property prices in el salvador! (i'll ignore the fact it is one of the most crime ridden places in the world)
as a salvadoran crypto-nerd, this kinda worries me. i wouldn't want elon tweets to have an outsized effect on the price of pupusas.
how does this work unless fees go to basically 0? small purchases will make no sense
what’s the opinion on bukele? and will this have any significant impact in el salvador?
hi there. i am a salvadorian that currently lives in el salvador. and i have found out about this literally 30 minutos ago while browsing twitter on the toilet. you can be sure this caught me with my pants down for two reasons. first. i know squat about crypto currency and have never ever watched a single youtube video about it. and second. i am kind of scared by the polarity of the comments about the repercussions of such action being passed in the country. if anyone out there can shine some light to me as to what can i expect; what sources i can use to educate myself about this whole deal. i would really appreciate it. thank you all for taking the time to read this.
his political party, "new ideas," controls 2. he announced it publicly because it is a done deal. his motives remain unclear; at least to me. the us dollar is el salvador's official currency. the bitcoin announcement coincides with blinken's visit to the region. no way is this by chance. biden sent the ag down there with a 's designs on increasing their influence in the northern triangle. i hope he is not using bitcoin as a negotiating tool. china can easily raise the bet high enough to force us to fold. bukele deeply thislikes the asymmetrical nature of el salvador's relationship with the us. this move may be a signal to us and others (china, russia) that he is willing to talk. el salvador may be a poor country, but it is on prime geopolitical real estate. he is popular throughout that region and his actions may impact other central american leaders. we should remain cautiously optimistic, but no more. there's a deeper game at play here.
proud of my country
hmmm well their leader is becoming problematic. he’s a couple executive orders away from being a dictator at this point. he may be young and had a lot of support before the coup but i’m not sure about now. i’d rather have news that was good for the el salvadoran people instead of news that’s good for btc
pupusas and bitcoin are my two favorite things in life...
what exactly does “legal tender” mean?
yeah thats ma country!
thats my country lets go
this is bullish as fuck
if it passes, el salvador gonna be poppin
he’s doing it because he has no choice. the people is doing it anyway
will this make fees even higher if it’s widely used?
"it was an inevitability, but here already: the first country on track to make bitcoin legal tender," said adam back, ceo of blockstream. 🇸🇻
wow is the manufactured consent on el salvador thick in here.
is that why it’s crashing?….🙃🙃🙃🙃
if this pass the country will only use bitcoin?, how can you make small purchase if the fee its actually higher than what you are buying?
isn't el salvador extremely corrupt?
i was suspicious of this ‘big announcement’ but jack mallers didn’t thisappoint to say the least.
is there a link or article for this? i've heard of "bitcoin beach" but this would be bigger news for adoption if true!
weird to see something about my country in a non latin america related subreddit.
how is btc a good choice for currency? tokenomics suggest fixed total supply means deflationary tendency. when people think their btc is worth more in a year, they will hold back on spending today. ln does not fix that. it's a superior store of value compared to 3rd world fiat (although volatility might be a problem). it also provides some piece of mind when gov. vows to accept btc to settle your tax bill, although you def. want to use a intermediary wallet for gov. transactions, otherwise they can link it to your name. but for everyday economic life? btc is nowhere near the best choice for that.
el salvador is home to the pilot program called bitcoin beach, and jack mallers’ strike app is being used there for cross border remittances.
he didnt say currency, he said legal tender. so the point is they can hold it in reserves in place of gold and they can transact. much like in the uk, technically stamps are legal tender, it doesnt mean people use it as everyday currency. same goes for gold. as a reserve, bitcoin is ideal. all this talk of defi and l2 is a moot point because you can do that regardless of the laws. making btc legal tender will enable much more confidence in on’ll be able to actually use it in the economy to spend
# b u l l i s h # #
bro, save some for the rest of us.
now elon can go kiss his own ass.
i cannot believe it. a country finally accepting btc as legal tender and the price is going down. i could not be happier! in a few months i will be reaching my btc bag goal at these prices. good luck to all the new investors, may your journey be fruitful!
nowhere near as important as fucktard elon posting a broken heart emoji
that's pretty awesome. feels like western nations are getting left in the dust!
bitcoin can never be currency. i know how much you guys want it but it would not happen. the president nayib bukele is a really really corrupt guy is try to do the same thing elon did. please be safe while investing. it is inevitable that price will increase and some of you will make money. invest what you can afford to loose🙏
i do not know anything really about bitcoin and cryptocurrency but i am salvadoran so i've got quite a bit of interest. bukele dictatorship and corruption aside, how is this going to benefit the average citizens of the country? a good amount of people are illiterate (they literally vote by circling the logo of the party they want), most people do not know what cryptocurrency is, only a small percentage of the population actually uses banks, debit cards just became a thing people use in the past few years, a good percentage of the people do not use smartphones, several places do not even have electricity and running water. this sounds like something that will only benefit the elite classes who are already thriving in the country. a very small percentage of the population is actually going to be able to use bitcoin.
people in the us send bitcoin remittances to their family in es. this will make it easier to send and spend that money. usually people convert it to fiat, this will eliminate the need to convert. they can spend it like if they are using zelle. bitcoin is being used regardless.
nice to see for the adoption. but who the hell would want to use bitcoin as legal tender to purchase something ?
what i find interesting is how the taxman, certainly in the uk, will treat bitcoin going forward. uk law states that foreign currency held for your own use is exempt from cgt. it’s gonna be interesting how el salvador is gonna change. exciting times :-)
what is the btc transaction fee for buying a cup of coffee?
shit i cannot wait to buy a papusa with some bitcoin
for people in el salvador to use bitcoins as every day payments, the transactions fees need to be lowered.
people, remember this is the same president who commanded his troops to intimidate his country's lawmakers. he does not have a history of making good decisions.
being fair, no one knows what el salvador's currency is
making bitcoin "a" legal tender is not the same is making it "the" legal tender for the country.
the usa will use this as more evidence that bitcoin is favored by the corrupt. [
you guys think he made that decision without the usas blessing think again
lol el pressy has tons of btc then.
how the hell does this not send the price skyrocketing but elon’s stupid tweets send it tumbling??
this could be something for the history books if it passes
bitcoin drop in 3 ... 2.….1.
you want to get invaded by the us? this is how you get invaded by the us. one does not simply get off the reserve currency and use real money. cue propaganda campaign against el salvador in 3. 2. 1.
great news and hopefully the bill passes; el salvador adopting btc will send a ripple effect all across the crypto space and have more eyes on it.
honestly? that's terrible. it maybe good for bitcoin and even crypto in general but it sets a terrible precedent. bitcoin is a shit currency if you want to use it in your daily life. way to slow, fees are to high. there are a metric ton of other cryptos that would be way better for this. btc is nice as a long time value storage but not much else.
so everyone gunna die sad 😢 cause that government corrupt af the poor people don’t have dollars how the fuk they gunna get bitcoin
damn, this guy has been doing some sick improvements for the country in every sense. great step for the future of crypto, hope other countries follow up.
they are also the first country to hold bitcoin in their countries reserves. this is just the beginning!
murder capital of the world: btc is cool! r: woah huge news bullish to the moon xd
what makes me so bullish on crypto is that the entire world doesn’t have to adopt it. it only needs a few safe havens, and the competitive nature of states means that there is practically guaranteed to be several. these countries will grow and eventually replace the dinosaurs that tried to keep the world from changing.
only a matter of time before the flood gates open for crypto . all these countries are slowly starting to follow each other and realize the people aren’t going down without a fight.
crypto in fiat out starting with 🇸🇻
i read an article today bemoaning the amount of electricity that mining uses and how people are stealing that power. it references the current environmental problems as if bc is somehow responsible for two hundred plus years of industry. yeah sure bc could be less power hungry but mining, coal, oil etc are too blame for our predicament. not fucking bitcoin. i just wish a little bit of balanced reporting rather than bogeyman hysteria existed.
el salvador had this kind of history of risky finance decisions. some point they adopted dollar as their currency as well. quite thisastrous for them. this is going to be the same. bitcoin is not designed to be a currency. let the downvotes rain!
potentially bullish. imagine other countries following if this happens.
this is awesome news!
this is huge news, because as more governments take crypto seriously to have it as recognized legal tender. it will permanently secure cryptos as a currency.
now you can buy ilegal drugs with legal bitcoin
even im not a big fan of btc i think this is a step in the right direction
eurggh. facist does something small country fucked as usual.
bitcoin is a terrible choice
with 6.454 million people in el salvador, let us say 4 million are over 18 years. 4 million people at 400 000 tx a day they get to each make 1 tx per 10 days. okay but what about ln? well imagine you are broke (not to hard to imagine) and you want to go work somewhere and your boss is like: hey i want to pay you over ln, do you have an open channel as big as your wage? and you say no, i am a to broke for that shit. then what is the solution? ah well a custodial ln app like strike. but how to people in el salvador get their money on it, well through online banking of course ... but they do not have bank account! so when you think about it, all of of this is really negative for bitcoin because it is going to expose to a whole bunch of people that bitcoin's utility is shit. right now people in el salvador the only way that the real people in the country and not just their leaders that are trying to take advantage of the bitcoin hype to get something done, the real people in the country the only possible way right now to get exposed to crypto is through remittance from their family that lives in western countries. here in canada where i live there are many people from el salvador that got a chance at a better future. i like them, they are very hard working people. they know they have given a chance to massively help the ones that they left behind and they do not fuck around like the average entitled westerner. once their families are connected with the richer el salvadorians that might want to buy some crypto as a form of investing then the remittance can start and can be a faster and cheaper way for el salvadorians abroad to get money to their families.
bitcoin is becoming a salvation not just for el salvador, but several developing countries that are striving to break-free from the clutches of a failing centralized currency system, that is controlled by <1% of the population.
long live the president of el salvador!
he is honestly doing an insane service to his people, taking them deep into the digital and crypto age we are only entering. good for them and hope that more countries, mine included take similar steps going on! 😊🙏
amazing. love to see leaders look forwards, not backwards. bet a lot of latin america will follow suit given the geopolitical struggles in the region associated with america and thus usd.
btc being the official currency of an actual country, insanely bullish!
can’t wait for elon to change his twitter name: elon salvador 🥁🥳
well decisions like this explain why they are one of the poorest countries in the western hemisphere lol
too bad el salvador is a war zone. most people running toward our border in a panic are from there.
time to move to el salvador
wow this is news to me. i lived in el salvador for 7 years. was there for the currency transition from el colon to the mighty dollar. now btc! fkn wild. i do not know what that will look like for the country's future, but, as long as they do not attempt to centralize and control it, it is game.
so this was on agenda for the miami circus?!?
that will be huge for cryptocurrency!
they should fix their countries crime rate
from a us perspective... can foreign currencies be considered securities?
damn, el salvador belongs to the president?
i would forsee huge fights over payments -- "hey!! you still owe me 10%?!? " ... "hey dude give me back my 20%, i over payed you."
nano was the better choice
cia be like: 👀👀👀👀
lol this is the most ridiculous thing i ever saw. el salvadorians paying a 10 bucks tx fee for a coffee. and if they are doing this to avoid inflation then the last currency in the world i would pick is one that inflates and deflates by 500% every 3 years 🤣
gambia adopted safemoon weeks ago. 2nd country to take this step.
if you think this is bullish think again. what do you think other countries will do when an authoritarian state uses bitcoin for illegal activities?
so with a single tweet, elon can now tank their economy? i wouldn’t do that until urgent problems like this is 100% eradicated.
el salvador ranks 14th among latin american countries in terms of the human development index and fourth in central america (behind panama, costa rica, and belize) partly because of ongoing rapid industrialization. however, the country continues to struggle with high rates of poverty, inequality, and gang-related violent crime. **bitcoin fixes this.**
it's a bad idea. bitcoin is like the atari of crypto. the atari was cool... but not so much now. it's old technology.
i just went to the wiki page to read a little about el salvador. the wiki page even says btc is an official currency.
the shitshow called el salvador is making btc legal tender. what a great financial example to follow.
el salvador, with a quarter the gdp of mississippi and full of hot blooded ms-13 members, just saved bitcoin. extremely bullish.
el salvador also known as el saviour bullish!
this isn’t even remotely fucking true. he’s announced [he’s going to introduce a bill]( also worth noting, [el salvador while a concern for money laundering, their ag had recently made strides to prevent it]( [this is important to note because this same president just fired the ag and top judges, which was quickly decried by the international community because the ag’s office was actively fighting illegal activity. the president’s comments being an echo of donald trump, “elections have consequences.”]( why does all of this matter? because el salvador is predominately a cash based economy (see link 1 above), which is always a risk for money laundering, and bitcoin with its promises of anonymity is also a [financing opportunity and source of wealthfor numerous criminals](
price stays static 😂
wow that is incredible did not know they were looking to change their main currency, thought it would be another 20 years before major countries made moves like this.
good luck, u.s. will now have a reason to send in the military! “the migrants caravan originating from el salvador are now a threat to our national security.”
he probably bought crypto in the dip and now wants to skyrocket the price with the news
what is a legal tender?
what happens if the fed outlaws bitcoin?
so why is everything tanking??? someone explain!! because there is no reason today for this to be happening! it’s the bloody crypto conference in miami this weekend!! 😡😡😡😡
when will the final decision be made?
should i buy it now? my friend said it was going to dip... i'm just trying to find out when i should buy...
lol, when people actually spend bitcoin the price will naturally go down. what you want is people buying and not selling
imagine what would happen if kim jong-un makes btc legal tender of n korea and forces every citizen to start mining bitcoin.
elon musk tweets: "i speak with btc minners to use more green electricity. potentially promising"-> btc goes up a whole country is proposing to use btc as an official currency. a whole country! -> no short term impact on btc that's the current state of the market. anyway, if it goes through, it will make a big impact in the medium.
well, could be worse i guess. he could have made dogecoin legal tender.
cue the us invasion of el salvador in the next couple decades.
if\* we'll see what the banks have to say about this
legal tender does not mean that people or businesses will start accepting bitcoin. it just means that, assuming it passes, if you offer to pay debt with bitcoin and they decline, they cannot sure you for failing to pay. in everyday life it is basically meaningless
i love the idea, but is btc stable enough to be the currency for 10s of millions and more?
whatever makes my money keep going up.
yikes... **the** legal tender or...**a** legal tender. as in...legal to pay taxes in but el salvador will still thistribute their own currency.
if you guys can’t even thistinguish between a proposed bill and one voted into action i am definitely not going to take financial advice from y’all
i don’t get why they used btc and not eth, just with the ability to mine greener (pos in a few ¿months?) and with more potential available in the near future. i hope this helps them get off the crack that is the usd and stabilize and grow their economy. but i’m gonna lol if the flippening happens and they get screwed.
it’s not *the*tender as op says but *a* tender
oh yea...that really helped btc 😜😳
okay cool but what does this mean for my prospects of getting an rtx 30 series gpu?
wow, that is huge. but there is only one big problem... bitcoin is not scalable enough to be used as an actual currency... it's too damn slow and transaction fees are too damn high...
so what's this mean? are they using fiat, in a duel system? are they backing their money in btc? what's all?
i read this as “illegal” and was really confused for a sec. i should go sleep
so i wonder if they will have their currency in addition to bitcoin or what?
bitcoin is the thanos of currency. it is, inevitable.
i honestly wouldn't be surprised if the president of el salvador just holds millions of dollars worth of bitcoin (probably through drug operations within the country) and wants to pump the price up...
bitcoin has pretty bad deflation to be used as a legal tender. granted, might be better than whatever they are using now, but they really could not find anything better?
this is fantastic news if it goes ahead- hopefully it will encourage other countries to follow suit
this is great news but how can something with a fee often above 10 dollars be used as a currency?
watching how bitcoin fans have suddenly become salvadoran experts. appreciating those who are from there and commenting. not sure how you won’t have inflation as crypto has a value as does fiat. so if bitcoin takes a steep dive, things become more expensive, right? it seems like bitcoin lately has fluctuated like a lot of the currencies of countries around the world.
1 satoshi = 1 dollar eoy
this is great news. but el salvador will be come a target of the globalist system for this. no one is allowed to be independent of the global financial system. establishment lackeys in this thread are already attacking them, which shows the pressure they will face for this decision.
so basically, with no regulations, one person can hold whatever amount he needs and manipulate afterall, just like elon does. doesn’t serve the purpose of cryptocurrency, merely speculative.
if that’s the purpose he’s got the wrong coin. michael saylor will have more power over el salvador than the president, lol also the transactions will take a long time and be expensive. come on son.
jfc im bullish on bitcoin but this probably won’t end well for el salvador. btc is not a stable coin. imagine the price of shit always being different from minute to minute
idk this makes me uncomfortable because when they converted to using dollars instead of colones, it was all scheme for there to be more money for them to embezzle...the current el salvador president is also very suspect. i hope he does not because if he does embezzle bitcoin that will be very bad for bitcoin.
if passes will be a great step forward
music to my ears
next thing usa restoring democracy in el salvador
is this one of those thing where you hate your allies
yeah and el salvador has the worlds highest rate of murder and crime last i checked...great sources guys :)
unfortunately, this is bad news for bitcoin. el salvador is a small, impoverished nation. population of about 6 million. due to years of civil war and corruption, it has no local currency of its own and uses the us dollar (which is still going to remain the primary currency even if the proposed bitcoin bill passes and btc becomes legal tender there). 22% of the gdp in el salvador (which is a huge portion of its economy) depends on money from el salvadorans who live and work in the united states (many illegally) sending money back home to el salvador. the main reason el salvador is into bitcoin is because this will enable migrants in the us to send money back more quickly and cheaply, cutting out us companies and the associated fees. the problem is that most bitcoin investor whale corporations are based in the us, not el salvador. they're not exactly rushing to pump the bitcoin price based on the news that a third world country riddled with corruption is going to use bitcoin as a more efficient method to transfer wealth out of the us. having bitcoin as a possible currency is good news for el salvador, but most big companies, and i'm not saying it is right just how it is, but most big companies do not give a crap about third world countries. there's no money to be made there.
someone has not heard of pingtr1p before.
is this good for btc? i feel like it’s only countries trying to dodge sanctions that do this. once usa decides enough is enough(iran, venezuela, etc) they’ll drop the hammer and maintain control of global finance.
let’s hope the bill pass
time to move to elsalvador
> bitcoin will be the currency of el salvador once this bill is passed. fucking hell, guys. learn to read. making it legal tender does not mean it replaces the us dollar, which is the official currency. it means it can be held in reserve by the government and used to transact business if both parties approve. btc's greatest *potential* advantage is the ability to send funds from us-based immigrants back home. those payments make up almost a quarter of el salvador's economy. san salvador did not suddenly ditch the dollar.
yeah that is a charred piece of plywood?
so el salvador pres the new elon? ...i can see it now... we will base it on bread where 1 loaf always = .00000000001 btc, and so on...
i'm excited for the world where i can pay . lfg!
wow. i may have to load up on bch.
what's to stop countries from adopting their own digital currency like china is trying to do? it's one thing to say bitcoin is the future but what about a digital form of fiat currencies where the government just bans other cryptos?
i move to el salvador!
now all everyone in campos needs is wifi, a cellphone, a stove, a floor in their home, running water, oh and a minimum wage above . el salvador needs to change but even if bukele is not corrupt who is to say the future president isnt? interesting questions here. i dont see how anyone in the country will be able to transact considering it is largely roadside vendors who literally sell coca cola in plastic bags because they need to keep the glass bottles to generate revenue.
how would this work in actual practice?
i bet he bought ze dips.
el salvador, opens the bitcoin door.
oh great! i’m glad my parents country is doing some good. also that president is very well loved i think he’s done a great job.
this is actually massive news. and i am so done with fiat currency. the fraud in the us markets right now is absolutely astounding
would be big if it passes. other countries might follow. but btc is extremely volatile so i don’t know how it might go. hope everything goes well for them
what would the benefit of this be for your people?
if they are already using us dollars, i believe they will accept bitcoin for payment too as legal tender. can't imagine using bitcoin to buy groceries. transaction fees. large trade settlements ok, but not everyday purchases.
venezuela tried something with petrodollar or something. went nowhere. anyway, this is a stunt from a failed state.
holy shit! if this is real it is a huge step
ah jeez that’s really sad to hear el salvador has a radical terrorist problem
well, they already replaced their coin with usd and it did not go well. what could go wrong with this one, right?
so this cycle we’ve had retail, wall street, corporate balance sheets, and now countries publicly adopting bitcoin. let the fomo wars begin. get your ticket to the citadel if you still can
good headline, but in actuality it will have a little impact
thats good news and all but i always thought the point og bitcoin was to keep it separate from big government. i mean what difference does it make if its legal tender or not if you can use all the same?
the president of el salvador has a lotta bitcoins i think
is this only for bitcoin (btc) or for alternate coins too? (i’m new to this world sorry)
i do not know what the inflation factor is there but they say bitcoin is a hedge against inflation. i know some countries in the lower americas have problems with it.
i thought the president was manual labor
oh boy, are we going to see a dozen galt's gult (of chile) knockoffs cropping up in the salvadorian highlands?
what's interesting to me is how people are going to get over the mental barrier that 'items will go cheaper by the value of cryptocurrency,' because it is deflationary. we've lived our lives thinking "usd 100 back in 1950 could have bought us so much more items." with crypto, it is the other way around. imagine this, your job appraisal will see your salary getting paid in lower amount of btc. it'll be challenging, but oh man is not this exciting. :)
the president obviously is loaded with it and needs it to go up again
pretty amazing that the president of el salvador announced this at the bitcoin 2021 event.
new to this sub. so wondering your thoughts? how much of a significant impact is that in the short term? i mean el salvador has a gdp of . as not really apples to apples comparison but uruguay legalized marijuana in 2013. yet a first world country, canada, didn’t legalize it until 5 years later. so its a start but won’t really see the effects until many years out.
this can’t happen feasibly though. bitcoin tx transactions costs several dollars to send due to mining fees. this is why i’m not rich today; i got out of bitcoin as it lost its original purpose of becoming a global currency the moment mining fees went above . its a store of wealth now, not currency.
i love to see such good news but now i’ll see it at least 20 more times today in this sub, any possibility for reporting spam?
1 bitcoin is probably equal to10 years wages there. 🙄
what i find most exciting about this is the potential for btc to be treated as legal tender by the us and other countries - it could be treated as a foreign currency. more info from someone who understands these things way better than i do:
right now their legal currency is the american dollar. just thought people should know that little fact.
but where pump ? only dump i see
finally the adoption is getting into another level with more countries coming soon and now we can say crypto adoption & crypto payment options is inevitable and not just "bitcoin is inevitable"
being a legal tender doesnt mean the adoption of bitcoin to be the currency in the country
it's happening! this is how we make a difference
too bad it was not a less corrupt country to add some legitimacy to bitcoin.
what does it mean by currency of el savaldor? do they really use btc for daily transactions?
i think it is appropriate to shout here "hodl."
good. someone gets it.
funny how many people in this sub are just thiscovering lightning network. >i’m trying to free your mind, neo. but i can only show you the door. you’re the one that has to walk through it.
el salvador our new gold city el dorado
oh, cool, til ' >**abortion** in march 2020, puerto rican rapper residente interviewed bukele on instagram live.\[41\] bukele stated that he is opposed to abortion, even in cases of rape, incest, and when the mother's life is at risk. bukele has stated: "i think, in the end, in the future, we’re going to realize that \[abortion\] is a great genocide that we’ve committed."\[41\] el salvador has one of the most restrictive abortion laws in the world with abortion being considered homicide with no exceptions with women being sentenced to up to 40 years imprisonment.\[41\]
shut up cultist corporate bootlicking shills
guys of course it’s nice and sort of good news, but let’s face it, we’re talking about el salvador here, one of the poorest, most corrupt countries in the world. this bill is probably for the benefit of the ‘happy (corrupt) few’ and not for the benefit of the country or the crypto ecosystem.
maybe this will help. the country has really been fucked the past years
well yeah. at this stage i doubt bitcoin would just ever "go away" completely.
how will it actually work in practice though? this does not really seem feasible.
whats the economy of el salvador like? would there be enough cash flow regularly to totally stabilize the value of bitcoin? or is it still dwarfed by the speculative trading? also i've always been curious how countries plan to track transactions in financial crimes if something like bitcoin is used? how would you ever prove that someone was paid something in any case? bribery? unthisclosed advertisement?
poor salvadorans would love to pay those btc transaction fees
as a salvadorian living outside my country . i would like to know more on how me and my people can learn how to make this work for us.
y'all might wanna look into who this guy is and how he rules.
i've been waiting for something like this. fiat is flawed how we use it rn
this is great marketing for his own country by the president. doubt that the citizens of el-salvador will be huge adopters of bitcoin. even as a crypto skeptic, i think this is a smart move.
this gives the us an excuse to crack down on bitcoin
****trying to*** it needs to pass. idiots dont understand law much
el salvador? more like el chadador.
this is great news... i cannot wait to show my support and go rip some waves at surf city!!
1. be the president of el salvador. 2. buy bitcoin 3 make it legal tender 4 wait for prices to go up 5 sell that shit 6 lol nah not gonna make it legal anymore trolo
--> came across his tweet regarding making
el salvador has nothing to loose dude, they will exchange shiny sand for goods!
uhm... i'm going to have to google what a tender is in this context. edit: ah, official payment option. i see
looks like it will pass... corruption will hit and bitcoin will be the fall guy... then it tanks🤣. it's good news but just with the wrong country and context. this is all just got corruption purposes unfortunately.
i'm starting to think the "we're living in a simulation" theory has some credit to it.
world reserve currency here we come! the dominos begin to fall
idk why but i just feel laughing in a good way at this. we are advancing
yay! a dictator approved bitcoin...
i'm confused, why does bitcoin need to be declared a legal tender to be used i'm just not following why this is that big of a deal
wait, so will that then be their only currency? otherwise what's the point of announcing it as legal tender? like, if i'm a business and i wanna start accepting crypto as payments, i do not care about what the government thinks of it. or am i just super ignorant of how economics works rn?
this is good news!
el salvador uses the usd as it’s currency. the worlds first millennial dictator comes into power during a global pandemic. he wants to make btc legal tender (likely to avoid sanctions). i’m so conflicted as to what to make of this.
el salvador is a fucked country with high rates of poverty, inequality, and gang-related violent crime, even compared with other south and central american states.
"fly to el salvador, i do not know why and i do not know what for"
so elon could theoretically make a tweet and bankrupt el salvador now
pack your things, we're leaving
do people realise this guy has been firing the constitutional court, and is on fast track for autocracy?
let’s look at some numbers… at current bitcoin price of ,000. there are 2.27 million bitcoin left to mine over the next 140 years. this is a value of just under 82 billion dollars in value… el salvador has a population of 6.17 million people. the average yearly salary is ,500. that’s 254 billion in wages given out yearly. 21 billion given out monthly. the gdp of el salvador is around 25 billion a year. el salvador is currently using . if el salvador switches to bitcoin and continues to have a 25 billion dollar gdp. for el salvador to adopt bitcoin as their legal tender and switch away from the us dollar. they will have to have in circulation 3.7% of all bitcoin in existence, and more due to lost bitcoins. currently there at 4.2million bitcoins in constant circulation. el salvador will need 16% of those circulating coins, excluding savings and held values by banks. in my opinion… this will be a shock to bitcoins supply and ultimately it’s price. it will also give lightning network new life. el salvador and ecuador are currently using . if this is successful, equador could be the next to adopt.
amazing news indeed. just the begining.
it is ridicilous to use an asset used for heavy speculation as a main currency.
eli5 please what does this mean?
let's hope this goes worldwide!
bullish, wrote an university essay about crypto where i mentioned that bitcoin isnt a legal tender in any country. time flies. (essay from early 2021)
glad bitcoin it being adopted but xrp would be quicker with a fraction of the cost and fraction of the energy usage. seems like they’re getting paid off by someone
i thought cocaine was already
why btc though, the eth blockchain is almost better on all aspects and 2.0 is coming soon !
finally some hopium after all the fud
why doesnt it suprise me that one of the top money laundering countries is first to do this...
i don’t think you want el salvador in your corner. just sayin 😵
but how would they handle fees. adopting btc means everything will be centralized because people wont use it from their own wallet their.
i guess someone is asking for some democracy brought down to their country. hasn't the world learnt anything from all the arab countries that tried to implement the gold standard ¯\\\_(ツ)\_/¯
isn’t the point of bitcoin is you don’t need a governments permission to use it
just curious why only the economies that are not doing so well, ahead in crypto adoption? in these economies the inflation is mostly caused by the government itself. adopting crypto will limit the government's ability to take the easy way out by printing fiat. therefore they are in fact limiting their own power to print fiat currency.
guess with leader bought lots of bitcoin
this news did not even make a blip on btc price, it is not as big a deal as you think.
“bitcoin is inevitable” as long as it takes that much computing power, it isn’t
for those who you don’t know... el salvador is one of the poorest countries on the planet. literally
what is el salvador
good for him and el salvador. next he will be looking at litecoin or ethereum?
would be a not the legal tender
how’s the economy over there in el salvador?
it's so he can regulate and tax it.
big if true!! this is the catalyst we have all been waiting for. i expect btc to triple in value
whether this passes or not, this is a monumentally huge step for crypto adoption. even if el salvador is not the biggest most influential country, this is massive. i assume this would make bitcoin legal tender along with their regular currency? or did i misunderstand
it will happen globaly, just a matter of time.
bitcoin is limited and what happens when more and more lose their wallet password...
ohhh this is music to my ears! bullish!
his approval is not required... that's the whole point of btc, right?
awaiting my president to do so since we sawa him on tv buy into the whole idea and invested heavily
wait they have to accept it?
governments would love to have a capped crypto coin haha
can someone point me in the direction of an article that sums up how crypto would be good for the world? i like thisruptive tech but i have some serious doubts about crypto liberating the masses, etc.
the significance of sovereign holdings cannot be overstated. when a country adopts an asset and holds it as part of its reserve it is a green light for that country's institutions and companies to do likewise. needless to say, depending on the country, this will have an outsized effect on price. it is also an encouragement for other nations to do the same. so even a small nation holding btc will drive others to do so prophylactically. it may be that certain individuals in this country have personally bought bitcoin and are seeking to gain.
imagine all the drug lords how easy they’ll have thousands of bitcoins
he should have looked at safe moon
pr for el salvador and it’s president...doubt regular el salvadorans start buying their groceries or paying their rent in bitcoin...doubt this does anything to move price of bitcoin...
this has tax implications for the us at least. dunno if it does for other countries but i hope so (uk here)
tell me you invested in bitcoin without telling me you invested in bitcoin
i think president bukele wants btc to be legal tender, not the country’s official currency. remittances are a big part of es economy so it makes sense. i think this is just the start. xrp has low fees compared to btc for that, but that’s another conversation in itself. imho he wants to get his country’s foot in the crypto world. it’s definitely here to stay and the future of money. remember limewire?? now it’s spotify, legitimize.
this is bower of bcc
all good for crypto :)
if i were el presidente, i wouldn’t be taking any flights anytime soon. just sayin.
>the president of el salvador just announced that he is making bitcoin legal tender in his country. legendary chad.
interesting. someone will make a small fortune building out a way to pay in stores for goods with bitcoin. could just be scanning a qr code but you would need a screen for the store to verify the transaction.
puerto rico. lets make a move and get rid of this stupid debt!
so every time you want to buy something, you’ll have to pay an additional . what a great currency.
how does this work tactically though? like income taxes on a percentage basis with a volatile asset seems inherently wrong? there are a million other far reaching affects this has but even in simplest form my brain does not understand how this works at the beginning when no other country uses it as the main legal tender and price
i honestly did not expect el salvador to pass the bill so quickly. i am so used to politicians taking an eternity to do anything.
el salvador has so many impoverished people. do the poor have access to crypto? is there a process in which they can buy food and basic needs?
as a salvadorian and crypto owner i am not satisfied with what is happening. he is slowly going down to the dictator route and the government has not explained how can the btc can help our country. it seems that that is his way of hiding corruption at his office and criminals such as narcos. at the end i think this will be neutral for el salvador and bad overall as more governments will be more stricts with cryptos because of el salvador imo
yay! legal tendies :)
is it just bitcoin, what the others?
and my tiny little nipples went to france
i hope that the president of el salvador has more credibility then elon musk, overall they are both smart people , but only time will tell !
this does not really feel like a move that adds legitimacy. a tiny, poor and corrupt country adopting bitcoin? let me know when moldova signs up
nayib never fails in being such a great guy
probably the best thing to happen to el salvador
how have we now had weeks of good news yet the crypto market is still trading sideways ...
this doesn’t mean much at all.
wake me up when it’s monero and not grandpacoin
ball is starting to roll
el salvador uses the dollar they don’t even have their own currency so 🤷‍♂️
btc for the win!
wow that is awesome! hope it helps them out
this will be indeed a good start now rest of latin america, then africa then asia and we are bound to get europe and north america onboard!!! 🙏
this will ease purchasing barriers for narcos everywhere.
what does he have to lose.
some countries' fiat currency is much more volatile than crypto currencies. so it is inevitable for cryptos to become either an investment tool, safe haven or straight up legal tender like this.
well, one of the reasons crypto was made was to help fight against inflation. hopefully this would not go bad...
how much does it cost per transaction these days?
if this really goes through, it will be a small step for btc, but a huge step for el salvador. felicidades!
this is much larger than we all think. yeah it may be el salvador. and you have cities like miami and denver going crypto friendly. you’ll have whole states soon. only a matter of time before the united states falls in line. mwahhahaha
maybe my family's old home is not such a shithole anymore. thank god
would make trade with venezuela way easier since their actual currency is worthless.
it's great and that but it will be a wild ride for everyone getting paid in bitcoin and selling things in bitcoin. how will that work? it certainly needs a higher market cap so it can settle down a bit before other countries start to accept it officially. it is great though.
good for bitcoin is good for the whole crypto market at this time.
we need to get away from fiat here in the states that way when the government finally destroys the dollar people will have had the option to use different currency like crypto and gold and silver and it won’t be a total thisaster.
i would suggest for everyone to actually watch the full announcement when you have some time to get a better understanding of what jack mallers and his team accomplished working with and supporting the people of el salvador.
then it is settled. i'm moving there :)
one step forward. let’s go!
he's doing it because he is holding bitcoin if i had to guess. it's a terrible currency, but hey, cannot beat a little hype.
can bitcoin handle the amount transactions to serve as money though? i believe it to slow and the fees a rediculously high.
prob gonna be used to fund gang warfare lmao
why not xlm or create an erc20? btc is so volatile that i do not see the public being able to maintain morale during pandemic or natural thisasters on top of a btc crash.
no he didn’t. delete this post.
this is proposed and it is also not the first country to do so. japan made btc legal tender in 2017
should've taken a coin which is less bad for the environment
lmao you can already pay with bitcoin any in civilised country
i think they use the american dollar in el salvador as a major currency in their country. maybe it’s his f-u to the united states. in any case, i think he’s just trying to help his country’s people so they have more economic power there and not leave their homeland for the united states. let’s see how this plays out.
sucks that bitcoin is a scam, hoping he makes dogecoin legal tender instead!
i do not know if we should praise an authoritarian soft-dictatorship for using bitcoin 🤔
it's not a brave move, it is a desperate try to save the country because their currency is shit
the president controls the majority of the seats in congress since a few months ago, and conveniently replaced the supreme court judges with people handpicked by him. he basically controls the 3 branches of government so he can pass whatever law he wants.
el salvador uses the us dollar (i know the dollar as any other fiat loses value over time but it is not much as the venezuelan bolivar)
the big question is whether they’ll support the whole defi ecosystem. bitcoin in and of itself is just a small grain of sand in the mountain that is decentralization. this is something bitcoin maxis don’t seem to’t want to comprehend. industries need to adopt smart contracts as a standard. the currency itself doesn’t change much for a small country like that (ie. smart contracts would allow a vc in california to easily lend money to an el-salvadoran startup, without having to worry about that money thisappearing. just bitcoin by itself can’t achieve this). in short: the goal is decentralization of technology and power. not just using decentralized currency.
> i hope many more countries fighting against inflation will follow > fighting against inflation, chooses bitcoin y'know, this might not be the best move.
how does a currency built o rapid inflation help with inflation?
how is a currency that is so volatile supposed to be viable as a way to purchase anything? not trying to shit on your thing. genuinely curious
i think you are stupid to consider it will help with inflation.
but bitcoin is essentially unusable for small scale transactions, not sure they chose the right currency but the bill will likely fail
>proposed bill it's called clickbait and all the kids are doing it
based on what i see in [this thread]( i do not think there will be an issues making the proposal a reality. i would say el salvador would be a very good testing grounds for this. recovering economy, significant migrant population living and working in america (international remittance use case), and it is smack-dab in the middle of central america. migrants coming to and from (or passing through) el salvador might get introduced to this, and honduras is latin america's 2nd poorest country right next door (1st is haiti). seeing the future of this development will be interesting to say the least.
ready for take-off. mass adoption happening you guys
yeah everyone is celebrating and its just a bill, i mean its a great step indeed!! but all the titles are like its already a legal tender
bitcoin 1 : 0 fiat
how will unnamed countries meddle with their currency? how can tariffs be effective? they would not!
yeah this bill is a potentially massive step in. if they can show the adaption can work on a country wide scale i suspect we will start to see other countries adapt. el salvador is also interesting in the fact that they actually use the us dollar as their currency and so they do not actually have control over it from a fiscal policy standpoint to even help curb the inflation that is going on with the dollar currently. el salvador is also largely a cash economy still and so they really feel the impacts of inflation. potential huge test case
it will pass if he wants it to
seriously though, decentralized crypto would be huge for these countries. bitcoin wouldn't have been my first choice, but nonetheless, it is great news
me too. crypto is helping people!
this will surely lead to problems since there are only 19million btc in circulation. there are better suited coins for this.
an inflation of 2% is not bad btw ask any economist.
how does one acquire a red name?
they are going to try to destroy that country with everything that they have i bet !
el salvador will be the first nation to experience randflation.
this is incredible! this would really put some pressure on other countries who are dealing with similar issues to follow the lead of el salvador!
how does bitcoin solve inflation?
it's not going to fight inflation, even though this is an attempt. a loaf of bread maybe 1 btc (used a whole one to simplify) tomorrow it can still be 2 btc. it's actually going to allow rich people to get money out the country easier and it btc corrects itself and half's again...
doesn’t crypto inflate at like 100x the rate of normal currencies?
the electricity consumption from this will damn the world. i guess you're old enough that you're banking on not being around to see the consequences.
i do not see how a currency that wildly fluctuates in value is going to help with inflation. it can only make things worse.
there is almost no inflation in el salvador. it is a dollarized nation. this, unfortunately, is more about facilitating money laundering for certain government officials. this is not the win that bitcoin needed. this will only hurt bitcoin's desire for a clean look.
so how does using an unstable crypto as legal tender prevent inflation?
exactly... there's a long fucking way between proposed and passed. btc price hardly even wiggled lol
an exaggerated news article here, how surprising!
well damn, that sure changes the perspective
and realistically, they aren’t getting rid of fiat. too many people with no access to crypto. for now.
well this is how mass adoption starts right? wasn't bitcoin used mainly in the dark net initially?
i keep hearing conflicting stories on whether or not his move to replace the judges was constitutional. can you cite a source that clarifies your claim? (honest question). all i know is that he is insanely popular by the people of el salvador.
thanks for your comment!
been following news about him for quite a while. unbelievable that he had a chance for some good change (not that the opposition is any better) but he’s slowly going the route of other central american dictators. it’s good for him but a decent portion of the country doesn’t have access to purchase bitcoin at all in the first place.
so once again crypto tied to crime, got it
> he illegally replaced the members of the supreme court with judges handpicked by him. yeah frustrating that people in this thread are ignoring this. he's straight up doing dictator shit.
thanks for clarifying. this should be top comment tbh. this whole announcement was fishy af to say the least.
how would it work with fees? if you adopt bitcoin for everyday transactions then a simple cup of coffee could cost usd 20$.
the crypto community does not give a shit about the facts.
how does this 'work around sanctions'? i'm not sure the point you're trying to make here.
this may all be true, but i think the more basic understanding needs to involve recognition that el salvador is also one of few places outside the us that uses us money by default. not many us citizens even know this. when you go to el salvador, there is no currency exchange required to move about the country, it is just that things only cost 1. so if they view biden's economic policies as an upcoming financial, unpegging the country from the dollar is really only feasible by moving to bitcoin.
fr, bukele fascista de mierda!
ah shit , all the excitement is gone , let us hope for another good news .
you mean a shady character is into crypto for reasons outside what is stated?! i never would have guessed!!! lol!!!
take this comment with a grain of salt. he’s a current enemy of the democrats so there’s been a lot of biased stories about him. he’s got record approval ratings and he’s popular with the salvadoran people and also with the rest of central american people. but he’s not popular with the elite. he’s done nothing illegal while getting rid of the two parties that are responsible for millions of death of salvadorans.
salvadoran here. do you have family in el salvador? i have a pretty good understanding of bukele and his government. it seems what you’re reading is us propaganda. his new ideas party was overwhelmingly voted in because he is fighting corruption. rep norma torres has been baselessly trying to attack central american countries that are trying to go sovereign. she’s the one that did the information request saying that bukele’s political allies were “corrupt” you can look at the report... it doesn’t have much there honestly just accusations without any elaboration or proof. on top of this, for decades el salvador has had a corrupt ass government and super corrupt leaders. the nation has flourished under bukele. he has not been corrupt. he’s been for the people. he did not illegally replace anyone. you should stop spreading misinformation and amend your comment with an edit. completely skewed view of el salvador’s politics.
dude you should really read this. he removed corrupt ass people appointed by the previous administration and it was 100% constitutional. i seriously can’t believe you’re spreading these lies man. are you even salvadorean??? wtf
salvadoran here too, this comment is extremely alarmist and misleading. the "illegally replaced the members of the supreme court" were officials selected by the previous party less than 6 months before he took over who btw ruled the country for 30+ years, you are going to see a lot of post against him, because he has exposed the most popular political parties in el salvador. he also taken drastic but needed actions against those parties who pretty much control and lead the country in to the chaos it is right now, which they have used to depict him as "dictator" "communist" "socialist" and all those words they use to scare people. i do not trust him but he has definitely done a better job than the media right now will picture him, especially since he has targeted really powerful corrupt politicians. whatever the impact will be for us is yet to be seen, right now what i can tell you is that democracy is working in el salvador, we have set ourselves free from politicians who handed us to gang members and other countries to abuse our economy.
you are a shill. he hasn’t done anything illegal under the constitution.
fist thing i thought is that corruption is going to be 500x easier or harder. someone ?
this reminds me of maduro, in venezuela, who tried to create a crypto called [petro](
damn el presidente is packing.
why would a corrupt gov want bitcoin? ...you cant print more bitcoin maybe you got that backwards?...maybe its the old guard that is corrupted?
embracing crypto seems to be one of the only options available due to the local currency in salvadore falling. still, it seems strange since the politicians will benefit from this.
did he really illegally do so? that is not in the constitution?
corruption at the highest level and friends on high level positions... so just like any other government in the world?
dude i am so shocked at how wrong you are and how upvoted you are. the usa wants anyone that arenas appointed to remain in power because they usually benefited the interests of the united states and not el salvador. seriously reading your lies is so infuriating.of course the white house is going to rebuke this. you are swallowing and regurgitating propaganda. “el salvador president nayib bukele defended his party’s removal of the attorney general and five top judges, saying the country’s constitution allows congress to do so and that the u.s. and other critics have a skewed view of what happened. he said the thismissed attorney general, raul melara, had been chosen by arena, the opposition political party, which he called unethical, and accused him of carrying out his work in a partisan manner. salvadoran law allows congress to remove constitutional judges and the attorney general with a two-thirds legislative vote, which was surpassed on saturday with the backing of 64 of 84 lawmakers. “i find it strange that when i talk to countries where they do exactly the same thing, they tell us we are doing it wrong,” he told members of the diplomatic corps in el salvador on tuesday night. u.s. officials did not attend the meeting, he added. “elections have consequences. that’s not weakening democracy. that’s strengthening democracy.” the salvadoran president’s comments drew a fresh rebuke from the white house. a spokesperson called on bukele to restore strong separation of powers and demonstrate his government’s and his party’s commitment to transparency and accountability. if the salvadoran and u.s. governments are to continue working as partners, the u.s. will need to see concrete actions respecting all branches of government, the spokesperson added. new congress bukele’s nuevas ideas party won a super majority in congress in february’s legislative elections. the new lawmakers were sworn in saturday and melara and the justices were thismissed soon afterward. biden administration officials, the organization of american states, business groups and human rights watch were quick to criticize the move. a state department spokesman said secretary of state antony blinken had expressed concern to bukele over the removal of melara, “who’s fighting corruption and impunity, and is an effective partner of efforts to combat crime in both the united states and el salvador.” bukele said tuesday that the u.s. special envoy to central america, ricardo zuniga, had met with 10 civil society groups during his visit to the country last month, but that all those organizations were critical of the government, giving zuniga a one-sided view of the nation. “if you talk to 10 anti-government organizations, you didn’t meet civil society. you met the opposition,” bukele said. “it worries me because when you only get information from one side you will likely be wrong in your conclusion.” bukele contended that in the u.s., presidents get to name their own attorneys general. american presidents do nominate attorneys general, but the nominations must be approved by the u.s. senate.”
imagine being a shill for the fmln and arena 😹😹😹
i’m salvadorian and the view jmilla360 is offering is one of misconceptions, it seems to me he-she is in the opposition. of course they say stuff like that, they’re trying to fight his popularity.
those judges were all super corrupt.
legal tender has a very narrow legal definition. contrary to popular belief, this wouldn't mean that anyone in the country would have to accept bitcoin. it means that if you have incurred in debt and offered to pay with bitcoin, and the other side refuses to accept it, they cannot sue you for failing to pay your debt. private businesses can still choose which forms of currency they accept. english shops usually decline to accept scottish bank notes, even though they are legal tender in the uk us bank notes say "this note is legal tender for all debts, public and private", and it is, but private businesses, persons and even (some) government corporations can still refuse to accept payment in us dollars
usually a currency being legal tender means it is valid to be used to pay all debts public and private, aka taxes, your phone bill, mortgage etc.
el salvador is effectively the retail investor of the global level. rooting for el salvador here (and all of the 3rd world). sometimes a gamble is better than being stuck with what you have
el salvador is also the first country to add bitcoin to their reserves
giving btc legitimacy... the first country to recognize it as legal tender because they want to avoid coming sanctions for being corrupt. i never really thought of the sanctions aspect of cryto currency. wouldnt this be a negative for crypto if it removes a powerful tool of governments to wage 'soft' wars against each other? if economic wars arent possible in the future than wont that make physical wars more likely?
yes the people!!! not the government!! thats adoption!!
the minimum wage in venezuela is . they would have to be crazy to adopt a currency whose average transaction fee was more than a months minimum wage.
actually, crypto mining is strong and very common in venezuela for three reasons: cheap energy, currency exchange controls and hyperinflation.
same here, working in it. i’m actually worried and thinking why is he doing this, are we doing that bad? and bitcoin goes to down from just a simple elon tweet. also, i think we need to think about closing our digital breach first, some people don’t have any access to the internet, and are not educated. if these people gets into crypto, i’ll see them falling to scams over and over again.
yup, dont know why so many people are celebrating this, do not want to be offensive to you but a small country like es adopting bitcoin would definitrly not impact the rest of the worl das much as people on here think
no offense, but since you're in the crypto sub, do you really not understand the benefits of bitcoin lightning network over traditional currency? compare it to western union: up to 50% fee, sometimes hours of travel to collect physical cash and the potential to get mugged by gangs. bitcoin lightning: instant, free, global remittance and access to a currency that cannot be debased. not to mention the fact that most people in el salvador do not have access to traditional banking
> cannot even withdraw money from paypal or transfer it to our bank accounts isn't that the whole point? unlike paypal, bitcoin does not thiscriminate who you are or where you live.
the moment btc conference was over, the dump started. i guess miners wanted something more and less cringe.
you could retire there comfortably on us money, at least. i do not think it is so bad over there, but i have not been in over ten years so my thoughts likely are not relevant anymore.
he is a corrupt son of a thousand whores
to ease laundering money.
what are your thoughts on the implications this will have for your people? do most share your views? what are some of the arguing points locals make against your view?
hugely bad for us salvadorans. this guy is only doing this so he can avoid upcoming sanctions. we are a country that uses usd and technically live off the states, this guy is trying to be edgy and giving the bird to the us as if the whole nation did not depend off of them. the rest of the world already figured out he is a dictator and are pulling out their support so be sure there is a private agenda behind his every move. anyways, thanks for coming to my ted talk.
he still has a lot of support as most of the country is illiterate and barely understand his actions.
legally recognised as money
thank you for this sober take. this subreddit is often shortsighted in its interpretation of what is good vs bad news. a move like this will strengthen the usa’s resolve to diminish crypto—maybe even seek to destroy it.
excellent writeup, a shame it will probably fall on deaf ears here. it's hard to get through to the crypto cult.
...and totalitarian leaders do not use the usd for those things?
no, everyone uses the lightning network over there.
well it is sunday... usually the worst day for bitcoin. we will see what happens this week and after they actually sign t he bill.
crashing? it’s been stagnant for weeks now
we will continue using usd but btc will be an option to pay public and private debt
it's good for the citizens at the end of the day
a small corrupt broke country who's dictator is trying to avoid sanctions is not exactly great news.
announced by a video of the president in the bitcoin conference
how is it being used for remittance? el salvadorian worker in the u.s gets paid in usd... then how does that money get to his wife or something in el salvador?
the whole world sees his tweets, just people like us see this news.
bitcoin maxis confused why this doesn’t have the price mooning 😂😂😂
as a fellow latin american, this was my first thought. south america has been the us backyard since the last century. imagine these countries going off the usd standard one by one. time for the marines to export some freedom!
the president is extremely close to becoming a dictator and turning the country into venezuela, so even if they do not adopt it, it might happen.
good enough to start a new bullrun ?
that is exactly how bitcoin was supposed to not work
lol the cope, down voting facts you do not like would not make them go away...
"guys the leader is corrupt as fuck and controls all the parliament so the bill is definitely passing! to the mooon"
once you go deeper down the rabbit hole you realise that bitcoin is ultimately efficient and every other use of energy is wasting it on mass, bitcoin drives renewables and solves the problem of wasted .
when you really think about it, you do not know what tf you're talking about. bitcoin beach in el salvador proves everything you just made up wrong
this fucking privileged guy is continuously claiming in this thread that helping millions of unbanked citizens is actually bad, most likely just because he is holding bags of alts and is simply mad about this amazing news. smh.
why; do you leave in el salvador now?
a lot of central americans in general sadly
even if they tried to centralise and control it, they could not
they are trying, but like in a lot of latin america its really not that simple to do so. crime is deeply embedded, as is corruption (hell, honduras's president's brother was recently arrested by the dea). and when you have limited funds like a lot of latin american governments have, the smarter ones try and prioritize development instead. costa rica is historically the most successful of the latin american countries in large part not because of as large of a focus on its police (and not having an army as an intentional choice). more money for development meant it ended up in a lot better of a situation than a lot of its neighbors
sure. congress has constitutional power over coinage.
first it was youtubers, then mainstream celebrities, now dictators. we're reaching levels of shamelessness previously thought to be impossible.
well, other countries still use our dollar for those same activities so that is kind of a weird argument to make.
you guys are giving elon musk far too much credit i swear. you act like his tweets tanked bitcoin below ,000. it didn’t even crash it was a slight dip
that's not how any of that works. the price is erratic because too much of the volume is in the hands of paper handed idjots who react to tweets in the first place... as adoption spreads, the price will stabilize.
elons tweets are becoming less and less effective. part of the problem is the media amplifying everything he says and does x1000
how does bit coin fix gang related crime? and please dont point back to fixing poverty and equality because i do not think that is the answer just the beginning.
how does bitcoin get rid of poverty, inequality and gang related violent crime? bitcoin does nothing to solve any of those problems.
wiki is too legit!
ok, it says it is a currency. 🤷‍♂️ i just thought it was interesting that it was listed.
crypto price staying stagnant is usually a good thing. normally bull runs explode after sitting stagnant for awhile
the ability of people to misinterpret a situation or fail to comprehend what they read is more amazing than any alteration an economic structure
also, wouldn’t it be better to buy a ton of btc for your country then announce it, just an idea.
what are you talking about? they went to usd to have a stable currency. colones were worthless
it's a good idea for something like tethor. it's a terrible idea for btc
the current fiat system, with the us federal reserve bank, international monetary fund, and world bank, just enriches the old european colonial powers at the expense of "developing nations". i think moving off a corrupt fiat system will allow real wealth to flow freely. then people will be able to sell their goods and services for real hard money which a government or bank cannot devalue. this will allow many people to accumulat wealth and lift themselves out of poverty. it's not a magic wand that will instantly solve poverty. however, i think slowly some of common people who do not have floors or plumbing will be able to get access via old mobile devices and store crypto in mobile software wallets.
you do realize that we choose the miner fee right?
read more jesus christ this sub. lightning, strike.
maybe if you were more tech literate you would understand why you cannot have the trilemma solved. idiots get swindled by charlatans who said they solved it or will. bitcoin chose decentralization as ... anyone can run an archive node. the eth archive node is 10 terabyte. its impossible to synch.
and in 10 years that 1 bitcoin will be worth 10x its value, its also divisible almost indefinitely. forget about whole units, the world will be using sats at the base unit.
read more. lightning, strike
its 6m people, very very poor.
it’s also very beautiful and has some of the kindness people i’ve ever met
you just answered alot of my questions. very odd this is happening.
you mean like backing your currency with gold?
the government will try to implement bitcoin as an accepted payment method. also trying to drive adoption in the population (apparently 70% of people who live there do not have a bank account. [source]( ). would also make it easier for people who transfer money back to el salvador.
el salvador uses us dollars as main tender, they do not print money anymore (since 1999 i guess)
bitcoin is huge in el salvador for retail.
probably has better education and healthcare than your country.
this is the life of nok! i know its not the right sub but def the right analogy.
whales are still accumulating is my guess
lol dumbest comment of the year award goes to th3reaper
he’s a violent dictator of a corrupt nation.
you do realize how much he is done to turn the cou try around, right? it's actually safe to walk around now. there's a lot more that needs to be done but he is steering the country in the right direction. only time will tell if the changes stick
el salvafor should ditch the most secure and decentralized currency which was deisgned to preserve wealth against inflation, and instead use the most centralized shitcoin founded by scammers? im sure you just want to pump your own bags but use some logic.
yes, he did. delete your post.
they have not used their own for decades. i'm from there and every time i visit, you only use dollars to pay for things.
that's what we in the business call a poor separation of powers.
so, if a president unilaterally forces his country to adopt bitcoin as legal tender… does that make it a fiat currency? 🤔
so this is not going to end well is what i am reading...
>conveniently replaced the supreme court judges with people handpicked by him this does not necessarily denote corruption. most countries do not have lifetime appointees to their highest court like the us does - and in just about every country, the country's leader "handpicks" the judges, whether directly or through some sort of panel or committee they have enormous influence over.
what would be the motivation for essentially a dictator to move toward decentralized currency? wouldn't that freedom work against his regime? full thisclosure, i do not know much about el salvador politics.
those judges were totally corrupt and needed to be replaced.
i'll take "dictatorship" for , alex.
so, just like the us
an autocrat, how fitting
imagine a dictatorship being the first country to accept decentralisation of economy. fate loves irony. doesn't it?
i am from el salvador! yay el salvador :)
he is a great leader
no its not that simple. us may try to stop this behind the scenes. under various laws, us banks would be allowed to own bitcoin is a nation adopts it. if there is indeed malicious intent to stop bitcoin at a political level, it will try its best to stop this from happening.
aaah yes, _defective democracy..._ ironic how btc is often defined as a "democratic tool"
oh he will pass it. imagine holding 100 usd ten years from now, most likely will be worth less than today. now put 100 in btc and the gains will most likely 2x at the least. why wouldn't a struggling government take a calculated risk and hold btc when it will make them huge gains. i assure you, he bought the dip. that's why you must hodl.
btc is great for dictators
sounds like a not very democratic country and not sure it is for the best of the people... i might be wrong.
this is terrible….terribly convenient for btc.
really, so a borderline dictator seems like a good global advocate for bitcoin to you? really?! do you not understand the hypocrisy?
just a reminder he has 97 percent approval rating.
yeah. it’s a shame that melara and the others were paying gangs to vote for them. no wonder bukele fired them.
handpicked because the former ones were slave to money and corruption, if it his intention to end it or play the same game with a different name remains to be seen.
you think that defi magically derisks loans?
> the big question is whether they’ll support the whole defi ecosystem. bitcoin in and of itself is just a small grain of sand in the mountain that is decentralization. this is something bitcoin maxis don’t seem to’t want to comprehend. first, defi does not need government support. but, eth does not make a good transactional currency because of the high gas fees created by dapp competition with transactions.
the lightning network is already helping the people of el salvador.
a salvadorian citizen in this comment section claims he is corrupt and investigated and this move helps with corruption.
it will pass. i did some research on the president and he completely controls the congress.
it's basically a populists dream. bukele is loved by the majority in a country highly uneducated, where most of the people does not understand half of the actions he is taking but he gave them food during lock down and . so they love him. the bill will pass as he is total control from the senate.
interesting to see btc’s price still going down after this announcement.
he has partnered with a us firm working on the lightning network. a few years back they launched a lightning app in the country which immediately became the most downloaded app. i think they have got the right team working on the exact problem you bring up.
the bill will be approved, bukele has total control of the senate.
they could use lightning. phoenix and other wallet apps make it very easy to use lightning.
hahahahha haha it will fail? hahahahhahaha
more like you don’t know what you’re talking about, if he proposed it, it will pass
this is why a knowledge on el salvador’s politics is so important. his party (new ideas party) controls the entire legislature. anything he proposes will pass into law. this is a done deal.
this post wouldn't get so much attention if it said 'president proposed to make btc legal tender'
seriously. of all the clueless shit i've seen people on reddit confidently say... that might be the worst. ever.
the president's party controls the majority of seats - so it has a very high chance of passing.
bitcoin 1 : fiat 365... also it is still a concern how btc transactions will be paid for as it is definitely only would make sense on large transactions where the fees would be higher than btc fees.
salvadoran here , the asembly is majority of the goverment party, and they will approve anything the president says so yes.
i havent seen any official announcements yet, but if it is actually proposed then it will pass. the president controls most of the seats in congress and also controls the supreme court. he is able to pass any law he wants for the time being.
that takes the boner out of it
yeah i'm not saying this is bad news but this guy's government literally directed banks to ignore money laundering. the complaints on illegal activity with crypto are dumb but i can see this adding more fuel. some people will definitely portray this news as "notorious money laundering country adds bitcoin because that is all it is good for"
anyone in el salvador can access bitcoin and the lightning network through strike for free. most people in el salvador do not even have bank accounts. strike app is literally blowing up over there.
there is no mass adoption with those fees. and l2 is either failing to route transactions that are too large or it is extremely centralized and not crypto at all.
using a third party currency to escape sanctions could just as easily help further the case of criminalisation of it. everytime it is used as a tool like this is bad news in the long run.
the legality is ambiguous because la asamblea legislativa does have constitutional authority to remove justices, but removing the entire court *in a few hours* and having nothing more than a 5 minute recess for the legislators to read about the new justice appointees is not exactly what you think of when talking about legal processes. there were no hearings, no deliberations, the justices and attorney general were not even present, police were sent to their homes, and presidential allies opened legal cases against several of the justices, all on the very first day of the legislative session. so even though there is the legal authority, there was no process to justify the action.
two of the most respected universities in the country wrote a couple of articles about that. they're in spanish but basically it was not legal. [uca - blow to democracy]( [esen]( the one below is more technical as into what aspects they did not follow.
el salvador actually uses us dollars
from el salvador, he’s highly misrepresenting & lying about what happened. it was not unconstitutional. the justices removed were there from the previous corrupt administration. they had the majority & held a majority vote which is all in the constitution. bukele is the most anti corrupt president el salvador has had in over 100 years.
that comment is 100% not true lol it should not be the top comment. i’m from el salvador and that’s literally pure lies.
if they adopt ln then that would not be the case. on chain by default then, yes, it would be
look at what has happened since 2011, when that kind of thinking was the norm. if smart people do it right, you could build all sorts of tools off a national reserve of btc!
*nuestra fascista de mierda
because of the reasons i just mentioned. the local currency is the us dollar btw, el salvador does not print it.
you have it completely right, it is just that americans want to impose their values on foreign nations, like that could ever go wrong.
the currency of el salvador is the us dollar. the salvadoran colon has been out of circulation for almost 20 years.
the legality is ambiguous because la asamblea legislativa does have constitutional authority to remove justices, but removing the entire court in a few hours and having nothing more than a 5 minute recess for the legislators to read about the new justice appointees is not exactly what you think of when talking about legal processes. there were no hearings, no deliberations, the justices and attorney general were not even present, police were sent to their homes, and presidential allies opened legal cases against several of the justices, all on the very first day of the legislative session. so even though there is the legal authority, there was no process to justify the action. not to mention the new ag was under investigation for cartel ties.
more than that, purchasing power gains should not be treated as capital gains either. for example, think about the us dollar and inflation or deflation. if last year you had , but this year the same , we do not ask people to realize a capital loss or gain on the difference between x and y.
it's just a logical bet for countries like venezuela with currencies more unstable than btc itself and the people know that btc will probably be there after another fiat hyperinflation
yep it sounds like a good plan considering the economic situation there. hopefully it could also lead to the adoption of other coins that may have more usecases or more stability (i know crypto and stability are like polar opposites, especially since the market is so affected by bitcoin’s pricing, but we still relatively early so let’s hope!)
was this also part of the announcement?
it's basically a step in preparation of possible sanctions from the u.s. to his ministers and to him personally. by making easier to handle bitcoin within the country he will be able to circumvent this possible sanctions. plus it will make him look cool, which is all he cares.
it's massively positive for the el salvadorians, that is all that matters at the end of the day with regards to this news.
we are assuming that those who do not have access to traditional banking have access to a mobile network and are up to speed with digital wallets etc.
most people in el salvador barely use facebook, they mainly use cash and do not trust banks because they do not understand how they work, average education level is around 9-10 grade.
i do love that part of the world. i think it is troubled by gang violence, but the people are absolutely lovely.
how much us money
how would that even work if you are broke and you work for a week and your boss wants to pay you but you do not have a channel with inbound capacity cause you know ... you are broke. so then the only thing left is a custodial ln app like strike and then we are basically back to having a bank account our using paypal. not your keys, not your coins. but how does that help anybody in the developing nations that do not have the funds to control their own keys? there are 4 million adult people in el salvador. if they all start making on chain transaction they get to each make 1 tx every 10 days. but if even a couple of hundred thousand people start making regular on chain tx then fees are quickly over 20 usd again. you know what the average daily income is in el salvador? so does the government in el salvador not know all of this? of course they do ... which just means this is not what you think it is. it never is with bitcoin. i mean take this miami maxi convention, you could not even buy tickets with bitcoin or buy anything at all on the entire conference and pay for it with bitcoin. so the only thing left is ... [store of value.]( which without being a medium of exchange and a unit of account does not work at all. just because every new ath with btc has been higher then the previous one does not do anything about the fact that without utility that creates sustainable demand bitcoin is operating like a ponzi scheme were as long as there a groups of people to be found that have never bought bitcoin before the ponzi can continue. how will this end. well with hundreds of millions of people that will lose a lot of their money which will end up in the pockets of guys like saylor and musk. they all know that bitcoin has no utility. it's just easy with badly understood technology that is hard to regulate to take advantage of people their "if only i was not poor anymore" dreams. at the same time if all those poor people would start using crypto as currency, and only use crypto as currency and not touch any fiat anymore out of ideological reasons. if 4 billion poor people and a couple of hundred million kind-of-poor-but-not-really people in the west would all do this. then there would be collective profit that comes from us no longer playing the old game but having started a new game amongst each other. so there you have it. the rich have divided and conquered us again and instead of the poor collectively forming a block they all try to grab as much money from the other poor in the hopes that maybe out of every 100 poor people. they can be the one that becomes rich. the entire reason that the rich are the rich and remain the rich is because they get away with getting all the poor involved in this game over and over again. let's fight and steal from each other. and the guys that set us up against ourselves and our neighbours they are always the ones that profit in the end.
ah yes, each shop will park its millions in the payment channels it will open with each customer then make sure both people are online during the transaction and make sure the transaction is small otherwise it will fail and funds will be lost... love that ln... lol
we dont see lightning working perfectly anywhere. also i think you still have to pay to enter a channel. so what is the point ?
first thing that came to mind is i can send my family money a lot easier
no more dealing with these wack ass money grams and rio whatevers, plus transparency for a normally corrupt government, also drug dealers either needing to find a different way to get paid or having to find a way to get around kyc
those poor people need a break. it’s so sad. they’re absolutely ripe right now for a new dictator unfortunately
they do, unless they are being targeted as corrupt by the us government in which case they will have trouble using usd.
i see. is there anything that explains the lighting network simply?
barely anybody uses ln. it was a small test in one beach named el zonte. nobody in the big cities uses btc.
doesn't this hurt the legitimacy of bitcoin? the fact that a corrupt country made it legal tender... does not that drive the bitcoin for criminals narrative?
it's great news for it is citizens
1) buy bitcoin with usd. 2) send bitcoin to salvador. 3) sell bitcoin for usd (which is the local currency in salvador) or usdt. worker and his wife do not touch bitcoin if they do not want to. they lose fee on step 1 and 3, but save a massive amount on step 2. total result is net gain compared to normal bankwire.
true story. gaddafi did pretty much everything the us told him to do and ran his little hell hole with not a peep out of the us. then he proposes getting off the usd and next thing you know, he’s on the us hit list. and then he was dead.
the balls on this guy to thisagree with basic math.
[are you tom cruise?](
but the usd is not going anywhere is it
actually it has nothing to do with paper hands and everything to do with algorithms.
either way you have to agree that influence like that needs to be eliminated first for countries to adopt btc on this level.
idk, but it just made the poverty situation worse over there. the wages did not really increase, but the cost of living did skyrocket after.
i dont think you understand true poverty. they have no electrical outlets to charge their phone. also the problem in el salvador isnt fiat currency its corruption and lack of infrastruture and not enough global business due in part to corruption and lack of infrastructure. crypto would actually make it easier for politicians to hide their money becaise it requires no outside intermidiary. its harder to find a bank to help cash out stolen money than just fly outta el salvador and use your portable wallet.
i don’t doubt it. just doubt the fact this announcement will have, in any way, a positive impact for those people.
that is ridicilous too, does not change my point
oh, you want to pretend it is not a shithole, i see.
ooh, i want to get downvoted too! can i have some downvotes anyone? :(
doubt it. i live in western europe
oh. guess he is going to grasp as many bitcoins as he can for himself then.
do you think bitcoin is a good currency?
ah yes let us talk about logic and me supposedly wanting to pump my own bags; when you do not even know the difference between a currency and an asset.
no, he said he supports proposed legislation. he didn’t make bitcoin legal tender. .
depends on which position you're in. if you're the one holding the powers that seems great.
i'd say, if he stockpiles it and then somehow controls thistribution of it to his people... then yes. but that would be a pretty difficult implementation.
i'm sure this is a joke, but serious answer for the thread: no. definition of fiat currency: >fiat money is government-issued currency that is not backed by a physical commodity, such as gold or silver, but rather by the government that issued it the government of el salvador is willfully adopting a currency that they have no control over. they cannot print more, change the issuance schedule, or confiscate from their citizens. it's truly remarkable.
no, he still cannot print it on a whim
how tf will we know what our salvadoran friends mean when they saying they’re mining fiat now?!
no, but it makes it a *foreign* currency in the u.s. think of the implications!
no because their central bank gets to control nothing.
fiat means it’s not backed by anything. but it also means it can be printed into inflation. think zimbabwe. bitcoin is not fiat money in any way other than being considered legal tender.
he has no control over bitcoin.
no, fiat currency is not simply government currency. bitcoin is backed by something and will never be defined as a fiat currency regardless of adoption by governments.
no, but it is a direction crypto is suppose to fight against. for all our want of enriching ourselves, which is natural, crypto is a step in the direction of socialism where the governence is taken from the few and given to everyone. whether it will be that, or another tool in of the capital is yet to be seen. but the way things are, the ease with which the likes of musk and other wealthy manipulate the market dampens my hope
only if he manages to figure out a way to print bitcoin indefinitely...
only if it’s through a custodial wallet
that would not happen. btc will just run as supplemental asset, supporting the economic reform that will follow
i doubt that would even work. say btc is at . btc goes up to . now every el salvadorian is twice as rich as they were before. great! now we hit a bear market. crash to . now every el salvadorian is half as rich as they were before btc's adoption there. i guess they could then just issue a decree that in el salvador, btc is now worth 50k again to restore wealth. but then el salvador wouldn't be as to effectively trade with any other countries, probably further decreasing wealth and conditions on el salvador. countries that currently print their own sovereign currency are gonna have a real hard time totally ditching that currency for btc (or anything they do not control). was hard enough with the euro 25 years ago or whatever it was. and even then, that had dozens of countries working together to solve the issue.
no, because bitcoin is not made by el salvador and they cannot control how much of it is "printed"
btc etc are not suitable as currencies. imagine trying to take a loan for a car. in 3 years, it will cost as much as a house to repay. also it is slow, it can be compromised by a large enough mining pool(trivially easy once you control enough computers). you guys need to get it in your heads that it is purely a speculative instrument and a tool for money laundering and evading other government regulation.
clearly you dont understand what a central bank is. doesnt matter, it seems you are a shitcoiners.
i mean its good news for crypto, not sure about the country though.
he's insanely popular there. there are some red flags popping up in his style of leadership but the country was in such a bad shape and so corrupt, that his presidency is a breath of fresh air for many there.
they were replaced using ilegal ways. in the middle of the night and with no election or thiscussion.
the right to print money is the shining, golden grail to the dictators and autocrats of the world. it gives them a level of control unprecedented in, well, history. anyone trying to spin this as an autocratic move is massively missing what's happening. no bad faith state-level actor would willingly sign their country up for a decentralized, un-modifiable, global currency that they can neither affect or control. this is an absolutely amazing development and the people of el salvador will be the first to benefit.
the circumvent possible sanctions from the u.s. and ease money laundering as his ministers are being investigated by the u.s. and might get their accounts abroad frozen. but also there is a cool factor. he loves to be perceived as the coolest president so he wants to jump into the rocket. probably become the next elon musk.
because, so far, he is not a dictator of the likes of maduro. corruption in latin america is so deeply rooted in, its insane. el salvador was ruled by gangsters and narco. he simply took them off the only way that was possible. people love him there. as a latin american i wish i had a president like him tbh.
yes, depending on how well the smart contract is written.
l2 already solved the problem you mentioned. as i’m writing this, regular eth transaction costs are at .92, in part thanks to l2 solutions while btc transaction fees currently sit at .50. so if anything, i’d argue that currently eth is a much better transaction currency than btc...
baby steps is always something to consider when it comes to crypto adoption. i mean, the field is only about 10 years old. it's inevitable that the field will become even more widespread in the decades to come.
here we are celebrating a sovereign nation potentially recognizing bitcoin as legal tender, and your comment on how that is being done gets downvoted…sheesh…some people! i love what strike is doing: working product, built on bitcoin, and changing lives for the better.
no offense, but btc is already way too far behind when it comes to defi to ever catch up. i guess it’s the community’s fault to market btc as the sov. can’t have the cake and eat it too.
oh my, this is really sad, the guy apparently was doing good things, this is not good for the people of el salvador nor for the crypto world
i mean sure its good news, but what would it really bring to the table? the reasons why i do not think it did changed: 1. on a grand scale who does this really affect? on a global scale of crypto users, how many are in that country? 2. me as a consumer would never buy anything directly from \[a merchant\] el salvador, and feel confident that is the case for most individuals 3. it is not passed yet... but maybe it will give a little boost? not expecting it to go back to 60k because of this though.
but the concept of the ln has been around for years and it’s yet failed to be impactful. the transaction fees still exist, and it hasn’t been scaled. not to mention security, more so lack thereof with off chain transactions. it’s an evolving idea but far off from mass implementation.
lol i’ve triggered this man into trolling all my comments. this is too easy. but hey i was wrong, didn’t realize el salvador had an authoritarian government. xd
i mean if he makes this announcement on the bitcoin conference he is 99% sure it will pass.
this is one of those few times when the click bait is actually accurate. if bukele wants the bill to pass it will pass as he controls the senate.
mmmm i see... funny thing that we love btc and descentralization but then we celebrate things like this, where 1 party concentrates all the power in one country (it usually goes this way) and 1 guy can already pass a law because his party will vote with him. if in china the ccp being the most powerfull one (other parties ones have 1% or less of power) dictates something is terrible, abuse of power. but if its something favorable for btc, who cares if the power is concentrated. i guess its good for btc, but its not reflected on the price as it kept dumping after this news.
super interesting... do you know if this is addressing specifically bitcoin or cryptocurrency as a whole?
only half chub now?
that’s completely not true. they directed banks to ignore “suspected” until they were prosecuted with actual proof. basically, innocent until proven guilty & if found guilty they will face consequences. how is innocent until proven guilty controversial?
i'll have to do more research on strike today. first time i've heard of it but i saw it mentioned a few times on twitter already.
any examples of people using strike or lightning network? i can only find videos which do not demonstrate the real cost of the fees. usually things simplified down like this do not purchase btc at the correct price for example btc is .1k right now, strike app might show you're buying , which is like a 3% fee. thats 3, which would be a lot more than "free" and worse than credit cards
it’s hilarious that el salvador has had “democracy” for decades and its led to nothing but poverty and suffering, and gangs and violence. now there’s a president that has lifted his people, lowered the murder rate to historic lows, crippled gangs, and raised people out of poverty, all while having one of the lowest death counts and he’s criticized as if he were a dictator. it’s honestly laughable.
and it has absolutely destroyed their economy.
>bukele is the most anti corrupt president el salvador has had in over 100 years. sounds a lot like something a trumper would say
can you elaborate? i'm genuinely interested
doesn’t the lightning network still require opening and closing channel fees on chain? it would still be costly, just not as much as fully on chain right?
never thought about this. interesting.
people here do not even have online banking. something like 40% even have a banking account. and most people just use cash.
except for the gang members, of course.
a fraction of what it would take to retire in the us
damn yes this is the part of crypto i hate, and i'm pretty new to it. been daydreaming about blockchains being used as a backbone for co-op businesses where a dao defines the structure of a business and profits are pooled into shares as coins strictly for employees or vested community interests such as creating more and new kinds of coops. i dunno, how do you really convince anyone of egalitarianism
that makes sense; i did not know about strike and i was wondering how bitcoin could be remotely useable as a currency, especially in such a poor country. if it is all custodial, they are basically using venmo but with a high volatility "currency".
the difference for people in el salvador between a regular bank and a custodial or non custodial lightning wallet is that, first of all, most elsalvadorians do not have bank accounts, and secondly, the currency (bitcoin) cannot be debased
thank you for being a voice of reason.
guys be sure to listen to this privileged fuck, he surely knows better than the actual tens of thousands of unbanked salvadorian citizens that say this is helping them with their day-to-day life.
what stops you from sending your family bitcoins now, for them to convert into usd?
so you live outside the country correct? how easy will it be for them to spend or convert to spend? what type of impact do you see that having on their everyday lives?
essentially a layer 2 sidechain that only settles on-chain when certain conditions are met or it is closed intentionally. like if you and me constantly were paying eachother, we would open a chanel and do this transactions off chain on the ln. and then only settle and pay fees to finalize it all on the real blockchain once.
>i see. is there anything that explains the lighting network simply? layer 1 is expensive because every transaction needs to run on every computer on the network and perform cryptographic work to secure. layer 2's (lightning being the defacto bitcoin tech) by contrast run on a much smaller pool of computers. they will batch up all the transactions you perform over some period of time, then write a single cryptographic proof back to the base chain. much less expensive. in the future layer 2's will be where the majority of transactions take place, whereas the base layer 1 will just be for major shifts in funds. it's a lot like how the visa network does not actually charge your bank for every purchase you make. instead at the end of the day they tally them all up, then have the bank send them one bulk payment via fedwire.
not here it am not
did it dip? yes. then it could be thursday but it would still be a sunday dip.
possibly, but those people already believed that incorrect narrative, so nothing has changed there.
true story. didn't he wanted to have some unique african currency or something like that?
the citizens of bitcoin beach in el salvador have already proven the effectiveness of the bitcoin lightning network and 20,000 el salvadorians are joining the network every day. you're just ignoring this.
definitely not going up
you are right, perhaps i do not understand the poverty in el salvador. i apologize if i was rude. however i think some one from a poor asian country can have true empathy for someone from a poor central american country.
i know it is a good currency yes. go ahead and shill whatever centralized shitcoin you have in your bags and pretend it is fit for global adoption.
sure, change the argument away from your (lack of) centralized shitcoin fundamentals. to answer your second point, bitcoin is categorised different in various regions, depending on law. currency, commodity, security, asset etc. i think the point you are trying to make is something about how bitcoin cannot be used as a currency because the fees onchain can be high, though ofc these fees are variable and can be set to any number, and ofc would be ignoring the fact everyone will be using lightning. anyway make a point so we can debate?
he cannot control thistribution of a permissionless and decentralized currency. that is the whole point of bitcoin.
extremely. if he tries, i'm not selling until it is near a million per
was this the big announcement everyone was eating for?
they can control thistribution within el salvador theoretically though. it could be psuedofiat
the thing is, even if he can’t print btc on a whim, has he said that only bitcoin will be legal tender? if not, will it be accepted alongside fiat to settle debts? there is a principle in economics that bad money drives out good. so if a debt has to be settled in legal tender, the debtor will likely use shitty inflation-print currency (fiat) rather than bitcoin to settle. so not sure that in the end, accepting bitcoin as legal tender does all that much.
if this is true then things are about to get interesting
what is bitcoin’s intristic value beyond being a store of value?
bitcoin is not backed by anything. when a currency is backed by something (like gold) that means the central government holds a reserve of gold of equivalent value to the notes it prints. there is no central authority issuing bitcoin and holding something in reserve.
it really isn’t trivial to take control of the btc mining network
"el salvador bankrupt as the price of bitcoin drops 15% over night."
for now maybe. but happens when their government uses this opportunity in nefarious ways, which seems to be likely.
he's a good leader. forward instead of left. cash payment (ubi) policies are the best, and he is done some of those. bitcoin is an asset value that will be higher 4, and so makes an ideal reserve.
get the fuck off your high horse. i know literally 100+ people from el salvador who are thrilled about this and it’s the happiest they’ve been in years
a step in the right direction is a step in the right direction i suppose.
i think when countries stand on their own two feet... america will point there blood thirst, power hungry eyes at them.
> he is insanely popular there he's a dictator and everyone's who's against him is currently arrested, dead or abroad.
how was it illegal? bukele's party won a supermajority and held a vote. and even people not in his party voted to remove them. i'm completely not saying i agree with that. not at all. but the law is a tricky, ugly beast and democracy is an easily manipulated form of governance.
> the people of el salvador will be the first to benefit. i felt you were making reasonable points up until here. perhaps overall society will improve economically and the people of el salvador will be able to reap that benefit. but that is kinda trickled down from the administrative level. el salvador is still a third world country with spotty internet services even within major urban areas. how are the majority of the people going to keep and use crypto for their day to day transactions?
> no bad faith state-level actor would willingly sign their country up for a decentralized, un-modifiable, global currency that they can neither affect or control. this is not necessarily true. wealth transfer to safe accounts abroad is pretty common for authoritarian leaders as a backup in case they face prosecution or overthrow. transferring wealth via bitcoin helps both obfuscate said transfer to prevent attempts to claw it back by the country after the leader is out of power as well as making the transfer itself easier.
he stormed the capitol, hold it hostage for a couple of hours, then replaced some judges illegally. he is 100% a dictator in the making that just talks shit about maduro or other countries to deviate attention from his fuck ups or corruption scandals. if this is the president you want you must live in cuba or something
so i've got a question for you, as the salvadorian startup you lent . i've spent it all on wages and the business has failed. how are you going to get it back?
l2 on eth is still very much flavor of the month and there are no fully fleshed out options with wide acceptance. if you are going to claim l2 is working on eth, then you would have to factor in ln on btc.
why are people so caught up on the transaction-existent? what is it about xlm that makes it undesirable to use for transaction or about eth and btc that have people so stuck on fixing those fees being the way?
you’re comparing l2 on eth with l1 on bitcoin? ln is pretty big in el salvador.
this whole thread makes me so bullish for polygon. if they execute it properly, as they have said above, if defi is easily accessible to the masses, nobody cares about the maximum security of arbitrum
exactly and the first steps are always the most important.
binance copied and pasted some contracts and launched alternatives on bsc. we are nowhere in the development of smart contracts beyond proof of concept for simple ideas. the fact that there are billions of dollars parked in defi doesn’t mean any of it is good. it’s all speculative money that will slosh around depending on market momentum.
this is obviously true - the only way defi happens on btc is something like smartbch, which is a layer2 ethereum virtual machine that checkpoints into bch at this point, you either get on board with the evm (and the years of contracts developed for it), or you lose. that's why every major ethereum competitor is evm compatible, and why polygon is winning so hard lately
thats a huge assumption. not gonna lie.
the guy is a marketing genius. he shows people what they want to see but everything inside is just as rotten as ever if not worst.
it is not about el salvador. it is about game theory. it could be the canary on the coal mine for many developing countries regarding central bank policies and how they harm humanity.
no, it has not failed to be impactful at all. go read the last whole year of tweets from the bitcoinbeach account, it shows how a poor town in el salvador has already embraced and been greatly enriched by using lightning bitcoin. everyone there uses it daily instead of dollars, and have for some time.
hahaha say it will fail again. say it. it's fun. like how they count the votes here in the us?
if biden decided to pass an initiative -- say a green energy deal -- and his party had done the legwork to win a majority of seats in the senate and house, you would expect him to be able to pass it. if the democrats do such a bad job that it causes damage to the economy, you would expect people to vote for republicans next time, who could unwind the legislation. that's just normal politics. the issue would be if the el salvadorian president has broken the democratic process, making an opposing party coming into power impossible. i do not see evidence of that here.
the current relationship between the us and our president is really bad so i think one of the principal reasons for proposing the bill could be losing dependency with the dollar.
so far the official bill has not been submitted, but i think we'll get a glimpse of it this week.
imagine a world where you get paid in cash and then trade cash with your neighbor for crypto. or where you produce a good. not saying that’s what is happening. just imagining.
you can get a cheap or old smartphone for way less than 50 dollars, especially used. apparently its not a problem. strike is the app download there and they are onboarding 20,000 people a day.
murder rates are lower than what it used to be, but what about missing persons? you heard about the case in chalchuapa? they almost fired the guy who digs the bodies because he revealed they were over 40, they kept silence since, yesterday it was revealed thru drone images that there are at least 3 additional common graves. gangs still control most of apopa, soyapango, ilopango and san martin, nothing has changed there, they still collect la renta. would you explain me how he has lifted the people? by giving contracts to his family and friends? by building a hospital that costed 3 times more than the latest one built just a couple years ago? by destroying his biggest card against corruption (cicies)? by destroying iaip? by buying beans and rice from mexico while destroying the national market? if you get your info thru la britanny, notibomba, and jose youtuber let me tell you that you are being brain washed. bukele used to be a fan boy of el faro, because they unveiled many corruption cases. remember flores (arena) and those checks? el faro did it, remember saca(arena)? yup, it was el faro. remember funes (fmln)? el faro, funes even tried to jail some journalists but la fiscalia was ran by people from arena, so they were against him and did not follow the case. and now it turns out that el faro is pro arena and pro fmln, while some months ago they were considered enemy by both arena and fmln and loved by bukele. you can down vote all you want, but uca and esen are two of the most respected universities in central america and their opinions are based on the law and not feelings.
dude look into el salvador’s history. it’s nothing but corruption. literally.
it's a very controversial topic. bukele has an approval rating of 90% in a country where the average education level is 9-10 grade. basically people can read and write, but they have no comprehension of economics and democracy. the country was ruled by 2 of the most corrupt parties in the continent (arena and fmln) and bukele got expelled out fmln because he wanted to become president and they did not trust in him because of his age (it is a party run by old folks from the guerrilla). now bukele has taken so many loans, basically 20% of the gdp in 2 years and used to give money and food to everyone, while chasing most of the corrupt politicians from arena and fmln, except for the ones that left with him or the ones that help him. gana is another party, created by a corrupt president using the money he stole. bukele won the presidency by using gana, the third and probably most corrupt party in the country.
going to vouch for someonerandomson and jmilla360 here. bukele is a twitter warrior who uses the bully pulpit to silence thissent and harass opponents, be they in the government, press, or otherwise. his supporters mostly repeat bukele's propaganda and.
it was not unconstitutional to remove the judges. it’s permitted under the constitution with a majority vote. they got the majority vote 64-84 votes. they were corrupt judges that were there since the previous corrupt administration. the united states is throwing a fit because they were super friendly and influential with the previous corrupt admin & they’re losing their grip on the nation. bukele is heavy handed but he’s heavy handed because there’s been so much corruption for so long there’s so much help the country needs. for example, those judges were impeding him from putting in rules to help prevent the spread of covid & save lives. (el salvador shut down fast & had one of the lowest death rates for covid world wide thanks to bukele) there also are no economic sanctions coming. that’s hog wash. he put some of the strictest lock down measures, but it ended up saving the country from spiraling like a lot of countries around the world have.
not that i’ve seen, there’s a whole thread in the bitcoin subreddit where it’s very easy to onboard new users to ln. someone was kind enough to send free sats to people and instruct them quite quickly how to adopt ln
yeah that is why they need bitcoin lightning, because they are unbanked 🤦‍♂️
and fees. so many crazy high fees with crypto...
we build the bitcoin community from scratch. i joined in 2011. lots of the people that did the ground work, the coding, convincing the first merchants to accept it, building things like silk road, the first exchanges. etc etc. all of these people are now on thisplay as "enemies of bitcoin". half of these people left the space. the other half can still be found in the bitcoin cash community or moved on to other projects like ethereum. that should tell you enough.
i actually am part of the team that build venezuelaworkers.com which is now being rebranded as coingigs.net which is a freelancing platform that uses escrow and bch. we have already helped thousands of people in latin america and this is only the beginning. my network in venezuela is the biggest followed by columbia but i also have a small network in el salvador (through my canadian friends here who came from el salvador and now use bch for remittance with their families in el salvador) which is growing fast, and you have no idea what you are talking about. explain to me why you think i am privileged? cause in 2011 i was active on the biggest technology forum in the netherlands and heard about bitcoin that way? because i realized early on that the sustainable way to profit with crypto is to pick a coin on a network that works and then create your own value? you know why bitcoin cash has value? cause i build on top of it. that's why. you should be ashamed of yourself that fake news about helping people in el salvador is what you need to pump the perceived value of your bag. you guys would leave your own grandmothers dying on the road if you though that helping her would be bad for your bags. why do not you stop with the short term gain long term pain zero sum kind of thinking and start building something? or at least help somebody who is building. i can assure you in the long run it is going to a million x more profitable. we have a tool to actively undermine fiat currency and their goverments with. and all you can think is, this guy is shitting on ln and i owe a hundred dollars worth of bitcoin and if they do not type something back that hundred dollars will never turn in to 10 million dollars. so this assholes is trying to prevent me from having a 100 million dollars so i must type something back! my friend, i am on your side. you just are not ready to see that yet. you still think that the poor are going to lose this battle, like they always do. but you have no idea yet exactly how thisruptive satoshi his invention is going to turn out to be.
lot fewer hurdles for them to jump thru for them to be able to spend the money, if i sent now they’d have to convert to be able to use it
personally i know some of my relatives have bank accounts so i don’t see the getting crypto as too much of a problem, there’s actually a place in el salvador called el zonte that already uses bitcoin and i went last time i was there and had no problems with spending as bitcoin was accepted everywhere in that town
you are claiming that every day 20 000 new el salvadorians are opening ln channels? do you have any sources backing up this claim?
the point is governments are not going to put restrictions on it like the will with crypto
its easy to have empathy but i dont think btc is some miracle solution for what is happening. most people have a thistorted view of true poverty. there are many factors involved and usually the type of currency is irrelevant. i just cant root for crypto prices to go up so i can make money pretending its helping el salvador. its just not reality. there are multitudes more issues affecting el salvador.
so you keep most of your savings in bitcoin and use it for your day to day transactions?
i do not see how this can become their national currency. they still need paper and coins to buy and sell face to face. central and south american countries are still very non digital and common folk want cold hard cash for their goods.
if nation states start fighting each other for the bitcoin supply, .
if that happens i’ll never want to sell completely.
great point. i think that’s why i’m the proposal they specifically call out the desire to use a currency that can’t be manipulated by central banks. at first i though they meant their own banks, but in retrospect it’s the us federal reserve they’re worried about
same with ecuador. they mint their own coins but use us bills.
they could try. but anyone with a cellphone could easily circumvent their controls. there are entrepreneurs in africa doing this exact thing in countries like nigeria where the government is outright hostile. so far no government has been able to stop it. best they can do is control the on, aka banks and exchanges.
i’m thinking countries will try to issue a crypto that is partially backed by bitcoin held at the central bank.
there's always lightning and tor. they cannot stop those. and even trying to stop regular btc transactions would be pretty much beyond their control.
anyone with an internet connection and a wallet address can send. good luck trying to control the thistribution.
it would not. bitcoin is deflationary and people do not spend deflationary assets if they can avoid it
that is literally the entire point. bitcoin is backed by the enormous hash rate of the network rather than a centralized government entity.
assuming they do not overspend, if they can survive to the next bitcoin halving and bull market they can easily end up much better off regardless. it's kind of a risky move but could easily greatly benefit them and with the way inflation has been going it could be seen as the safer bet long term.
they cant print more bitcoin and proof of reserves is a big tool of bitcoin to help keep everyone accountable for any type of custodial service such as collected tax in govs etc
i hope they dont.
yeah, sending soldiers into the legislature to "encourage" them to pass a bill. great leader.
uh...he is been pretty 'dictator-y' from everything i've read.
i don’t even know 100 people in the entire world. congrats
you know 100+ people in el salvador that can financially afford bitcoin on a level that they would be happy about this? i have family in honduras(next door to el salvador) and you can get an entire town there to pool their money together and they still wouldn't be able to even afford half a bitcoin. the majority of el salvador would not benefit from this...but the politicians that can afford the bitcoin sure are going to get wealthier and have even more power over their people with this bill passing...which defeats the whole purpose of bitcoin(decentralized...for the people) does not it?
my parents love bukele. he’s gotten rid of so many thugs from their hometown that used to basically run that place. i remember my grandpa getting jumped for not having money to leave his house. i’m trying to learn more about him because my family from el salvador have some hope for the first time ever that shit will improve for them.
that's awesome to hear!!
in latin america unfortunately a degree of corruption is expected with almost all leaders, even the good ones. and the people are actually ok with some degree of corruption, as long as the leaders are actually doing something and not just enriching themselves. its why lula ie in brazil is still very popular despite corruption, or the current president of el salvador
not everyone is dead in jail or abroad, but everyone who is against him is scared.
basically the process was done in the middle of one night. the law asks congressman to have a pool of candidates and proceed to interview all of them, and then to investigate if they have connections to corruption and political parties. nothing of this happened. also, before removing a justice, he or she should be given the right to defend himself, this did not happen. no trial ever happened, they just skipped through the law and applied the only part they cared. the fact that they can appoint justices. i think the justices were corrupt, but they should have follow the correct procedure. by the way, they were replaced with justices that have a terrible history.
interesting point. but an authoritarian could just use bitcoin themselves. what’s the point in making it a legal tender and pushing the country to adoption?
that’s a risk that exists with any loan, and is a risk every investor takes. i’m referring to fraud (ie. money just getting stolen and or misappropriated or embezzled). using oracles and smart contracts, an investor could have full trustless transparency and guarantees in how money gets used.
developers go where the masses are. the technology itself is less relevant, as devs just want as many people as possible to use their software. convincing them to use a new platform is much harder than building on one that’s already popular. companies with advanced technology thisappear every day, because they lack in marketing and or community building. however, mediocre technology, with good marketing and a network effect, thrives. in short: the technology itself is not a predictor or indicator of a company’s success.
ln still doesn’t offer fast enough execution to run day-to-day smart contracts (simply due to bitcoin’s limited block size). sure, for simple transactions, it probably works. but you can’t compare that with ethereum l2 solutions, that allows for quick, scalable and cheap smart contact execution.
that’s a strange stance to take. this whole industry is speculative and based on future potential, even btc. you either believe in decentralization of technology and power, or you don’t. if everyone talked like you in 2010., no one would’ve ever bought btc in the first place. but now that some think that btc is somewhat established and grandfathered in, we’re supposed to just accept that this is it...? just because bitcoin maxis are scared they’ll have to share the decentralization pie? so much hypocrisy. smart contracts aren’t going anywhere. thousands of the smarted devs are working on this every day. this space is only improving and innovating.
i highly recommend you watch the youtube video he posted. the guy in the video literally says that if a user wants speed, he should use a centralized solution like paypal. btc is not about speed, but about security. so my question to him would be: we won’t have fast decentralized solutions, ever? such rubbish... those btc maxis want to stop decentralized(as in, anything btc can’t do, will never happen). also, as someone who has worked in tech his whole life, i can tell you that the average end-user cares first and foremost about speed. if you can use one blockchain insurance that’s pays out in 3 days, vs another that pays out instantly, you know very well which one will be used. user-experience is everything when it comes to adoption. not to mention that there are already 3000+ applications that have been built on top of ethereum... btc maxis thisregard user-experience. store of value, fine. but it’s absolutely not practical for day to day transaction or smart contract usage.
ahh this makes more sense. yea yea, i could see the us totally being like "welp... el salvador did not blow up. we were *totally* behind crypto this whole time \* flips switch for mining super computers \* "
i am now beyond convinced we are in a simulation. do you know what el salvador translates to? “our savior “
i honestly expected it to be in a more "well established" country. ' also wouldn't this hurt crypto? i feel like if it got picked up a country that is not doing finically well with our current fiat, other big countries would just see this currency as a "second start". causing them to be less likely to adopt it because they would no longer be the big dog in our current finical world.
>then it is simply a domino effect. i mean that is a bit optimistic is not it? it could easily just not gain steam, at least for a long ass time. it could also be adopted alongside a fiat currency as well. they economy could also just flat out dive for one reason or another not related to crypto but just from being so novel it can really scare other countries into not adopting it. i do not see how poorer developing nations can easily adopt crypto though. realistically many people do have access to the internet and electricity but it can be really spotty at times. this can be pretty typical of a small town of less than say 10,000 people. i cannot imagine they are too keen about using a currency that requires an electrical device and internet services for their transactions.
are you ok? are you having a stroke?
how do you know strike app is blowing up in el salvador? any examples?
seeing all these people talk about el salvador without knowing anything is crazy.
i really don’t understand how you expect him to stop missing persons & then hit that the murder rate going down isn’t a positive? look at what mexico is dealing with cartels. like come on. it’s night & day. he’s continuing to fight gangs. when el salvador is like mexico let me know, then you can actually cry about something. because it absolutely was going down that path. they’ve been collecting “la renta” for decades, to imply that has anything to do with bukele is highly irresponsible. and then to say that he should be fighting it immediately especially when this is an issue from decades ago is not fair to anyone. clearly they’ve lost power since he came into office. he did not specifically give contracts to his family & friends that was someone else also in his government. would you blame president biden here for the corruption of every single official in his orbit? because there are. he lifted his people by being one of the only countries on this side to have such a low death rate from covid. oh lemme guess youd rather he be bolsonaro 😂😂😂 i do not check that news. i read everything and come to my own judgements. clearly you have a large fundamental lack of understanding why decisions are even made... crying about beans and rice and can’t even google to look up why he’s wrong. 🤦🏻‍♂️ no one knew if the crisis would be bad. his policies saved el salvador from facing a covid crisis. this year he will not be importing now that the crisis is over. keep mixing up the facts and missing nuances.
yeah from what i got here as responses, it really seems to be controversial. i really do not know what to think of the guy, my gut tells me he is full of bs, but maybe amongst all the others he is still comparably 'good'? idk, i hope the people of el salvador are doing okay. and i'm excited to see, whether bitcoin can have a meaningful impact on their situation.
thank you very much for your perspective. as an outsider it is hard to understand the whole situation, i'm reading very different things about your president. i hope the situation overall improves and am happy that covid did not fuck el salvador up!
they need education as well, you're giving an app to someone who can barely read and has poor access to technology.
you’ve just described me.
> all of these people are now on thisplay as "enemies of bitcoin". well that is just pure bullshit, "voice of reason" lmao
cheers, i can see how the adoption as legal tender will bring about businesses accepting btc directly - some of the posts, but if it is about not needing to make the second conversion, that makes total sense. might have been something about el salvador laws that i did not know though so thank you for clearing that up for me.
or joining existing channels. i'm not making the claim, it comes from jack mallers who says that 20k people are day are joining the network. i understand you're a bcasher, but i'm still willing to thiscuss this with you if you remain honest. i understand that it is hard for you that people are turning to bitcoin and not bch.
in this video, which includes the president of el salvador making the announcement is where they share that 20k el salvadorians are joining lightning every day
it will take a lot of positive decisions to get el salvador from where it is at. from the little i've read and heard from family, he is steering the country in the right direction
ive been running a full node and lightning node for the past 2 years, make a point that is not pure ignorance?
oddly, you may see a short term faux crypto coin or paper money to work in the interim much like usd during the gold standard days.
there will still be the dollar. but they are apparently in the process of on-boarding everyone to the lightning network. all you need is a smartphone and you can transact freely with each other.
considering there will only be 21 million, yeah 1 mil per will be a joke
ahh yes, when bitcoin’s market cap is higher than the gdp of the united states.
and why would they? the big countries can fork their own if they wanted and get it for free.
every country is gonna have their own coin, much like what china is doing.
if it happens the idea is you do not sell it, you spend it.
hes not the only one worried about what the us federal reserve will do.
yeah, a currency not manipulated by banks but by the tweets of elon and fud from china.
instead they are choosing one that can be manipulated by elon...
this is the very reason inflation is built into the fiat model. it has to be.
that's not what backing means. there is no valuable commodity being held in reserve that in turn provides value to bitcoin. saying bitcoin is backed by the hash rate of the network is like saying fiat money is backed by the mints and note presses. the hash rate of the network has no value outside of the bitcoin network itself.
they country is in the edge of being unable to pay its debt. so i doubt crypto will do much for them.
interesting read. thanks for sharing. i would like to see how this works in practice. proof of concept so to speak would be a major catalyst.
american salvadoran here, yes it may seem dictatorish, but what i find that gets swept under the rug when american media bash him, is that those same people in legislature are the same corrupt politicians who turn a blind eye to (former el salv. president saca) stealing millions if dollars from the salvadoran ppl, and then running off to nicaragua. if anything, fucking good that hes doing something about the previous politicians who kept fucking up the country. ask salvadorans and you’ll find that the ppl love him, there tired of seeing their country looked down upon like shit.
afford half a bitcoin? a single coin is divisible by one hundred million. 20% of el salvador's economy is money transfers to relatives into the country. the money tree's of the world charge in excess of 10% for the service, which takes days and sometimes requires in-face pickup. the efficiency savings of bitcoin are going to be huge. imagine all the immigrants in america working their asses off and sending money back home. now imagine they suddenly start sending 10% more. that would be an immediate 2% boost to gdp. substantial.
no. you do not have to "buy in" to be a part of bitcoin. what it does mean is that the apple that was 0.00001 btc yesterday will still be 0.00001 btc tomorrow, not 100 (insert local fiat) today 1000 tomorrow, due to runaway inflation like the local fiat currency. furthermore, when bitcoin goes up or down the local prices will be able to adjust accordingly. this is exactly what btc was designed to do, remove control and manipulation of the central govt.
i'd advise you to not get your information from youtube or facebook. bukele has an annual budget of over 40 million dollars to get good press. i'd advise to do a little research on the country and to check who unveiled the corruption cases from francisco flores, tony saca, mauricio funes and now bukele as el salvador has very few respected news outlets it would not be hard. even bukele used to recommend one of those but now he claims they are enemies of him.
also probably a lotta bit of the whole “lesser of two evils” thing. bolsonaro is straight up evil.
i think thats universal
edit: in the world
lula was not by himself corrupt, his party had a lot of corrupt politicians
unfortunate indeed but in a way preferable to the situation in the states where a portion of society knows the politicians are corrupt and accepts it, a portion where they think the politicians are corrupt but refuse to accept it even with proof citing need for more proof, and the majority of people who at time pretend to care but actually give no fucks. god bless us all!!
because before he came on power every, and i mean everyone was treating the country as they personal chicken of the gold egg
well i could see a benefit in terms of ease of embezzlement of public funds, similarly to how we might expect to see them use crypto for international transfers. basically if bitcoin is considered legal tender, some portion of the public purse will, in all likelihood, be stored in bitcoin. it can then be routed to wallets of the leader and their key supporters with few, if any, barriers or clawback methods and a fair degree of anonymity as long as the wallet ownership is kept unclear.
> using oracles and smart contracts, an investor could have full trustless transparency and guarantees in how money gets used. let's say i use the money to pay salaries to people that do not exist and the money just goes to an account i control. how does a smart contract prevent that?
blocksize has nothing to do with the amount of transactions ln can handle. what do you mean ‘simple transactions’? i get the impression you have no idea how ln works and read something somewhere. please look up ln strike to see what is possible already. regardless, you’re still comparing l1 to l2. why not take liquid also into account then? or paypal, cashapp, exchanges, fold?
i think you misread what i wrote or perhaps i wasn’t clear. you said that btc is so far behind in defi that it would never be able to catch up. i said defi’s feet haven’t even hit the floor in the proverbial morning. the billions of dollars that are wrapped up in defi is not an indication of how advanced it is. it just means there is a lot of speculative money in it. it is anyone’s game and nothing is certain.
what i meant is... i don’t think they’re too far behind. we are 10 years in and barely at the beginning of all crypto. i’m bullish on everything. (that’s not a shit coin) the immaculate conception of bitcoin will never be repeated. you can never ever have a certainty that the majority of coins won’t be owned by 1 person. bitcoin does because of the steps satoshi took. it can be tried to be replicated... but there will never again exist a coin that’s worth ’t majority held by any 1 figure. it doesn’t exist. only btc. it’s nuts. that’s why it’s here to stay.
you’re looking at it wrong. fiat will always be the fastest & always exist. if i buy things i will buy in fiat. if i don’t want my net worth eaten by corrupt inflationary policies i will put it in bitcoin which over time is deflationary despite the volatility.
also other countries in latin america like guatemala, nicaragua, belize etc and many other non developed countries could take this path, which will also force other developing countries to take this path as a hedge against central bank policies. it can trigger a domino effect.
and you can bet as soon as the us govt. is on board all those silly "energy consumption" concerns will be washed away
... unless it works so spectacularly that other countries in less dire straits take notice. sometimes new ideas have to spread among the most needy first, before they are adopted by the bigger fish.
say it again. say it will fail.
it was better back then, trump administration let nayib's one do a few questionable things which now biden administration and new ambassador are pointing out, deteriorating the relationship.
trump and fox tolerated bukele. tucker carlson sat bukele down for an interview.
seriously? i have friends who worked on the construction of the hospital and those contracts where given to a company owned by his uncle, when he failed they gave them to disa, and that is the reason they took 1 extra year to build the hospital and 3 times the original cost. talk about corruption. what about the contracts alabi gave to his aunt and cousins? or the ones that were given to a now diputado of nuevas ideas. by the way did you even took a second to read your source? "these measures were not well accepted by local producers. luis treminio, president of the salvadoran chamber of small and medium agricultural producers (campo) " el salvador could have produced that food but anliker was just trying to make a profit by buying abroad.
i’m from el salvador i can tell you that he’s heavy handed but he actually cares it’s not bs. he can only serve 1 term and is going to be out of office soon that’s why he’s been pushing so hard for reforms.
he’s controversial because he broke up the control the two parties that had a strangle hold on the country for decades had. he formed a new party as an outsider and won. it has left a lot of establishment and rich salvadorans pissed at the challenge to the status quo. you will hear a lot of controversy about him but not from the majority of the people which are poor. because he helps them.
how do you join an existing channel while still being in control of your own keys? [last i checked there are zero bitcoin nodes running in el salvador.]( so i think at the very best people are just downloading [the strike app.]( but explain to me how a person from el salvador without a bank account gets money on to strike? strike is a kyc-happy, geo-fenced custodial app that deals with pretend bitcoins. it creates zero new ln channels. if it would you could tell by 20 000 next on chain tx that open new channels. by the way opening 20 000 new ln channels per day would cost about 100 000 dollars a day because you need to reserve enough capacity to be able to do channel management if fees go super high again. so who is paying this 100 000 dollars worth of bitcoin? i think by this point anybody reading this convo knows you are full of shit or this guy from el salvador is full of shit. i mean it would not be the first time that news gets overhyped to the max just to pump people their bags and make them feel good about supposedly helping the people in el salvador. even peeps on . cause it is kyc. fully custodial and deals with iou's rather then real bitcoin. not your keys not your coins.
i agree. so far he is doing good. i think he seems strange to people on the outside but there are many difficult problems facing el salvador and sometimes they require creative solutions.
that's was not an answer. or i guess it was, no one is dumb enough to keep most of their money in bitcoin which is why almost no one accepts it as payment. which is why it is not just a shit currency it does not even qualify as currency.
you mean like a paper version of a “satoshi “? that their government will back as being == to the current value of one satoshi?
hope it does not fuck over the common person. bitcoin is not a stable currency to pin prices to.
that's not how it works...
they could. they did. remember the petro? know anyone that is clamoring for venezuela's homebrewed cryptocurrency? the only thing that forking it would do would be to allow them to embezzle money from their own country. bitcoin is the net sum of its global network. creating your own digital money just to steal your own digital money does nothing.
good. more competition is desirable. but by all accounts, the digital yuan is dead on arrival. no one wants to use it. so we return to the problem of not being able to artificially replicate the network effect, and forcing people to use a currency that they have no interest in holding. people like bitcoin, because other people like bitcoin.
yes that’s the idea. nothing wrong with selling. just don’t sell it all if you can.
everything is manipulated by everything because people act on emotions, social media and news outlets. the true value is deep fucking value that is yet to be thiscovered. current value of most things is pure speculation driven by emotions.
people are selling, not elon.
this is also why cryptocurrencies are pretty poor mediums of exchange, although the crypto community does not like to hear it. reasonable, controlled inflation is a feature not a bug, the problem is when central banks have a conflict of interest between printing more money to do dumb things with and maintaining that inflation at a predetermined level.
would you say gold is not backed by a commodity? no it is a commodity.
not for the country, but it might decouple the citizens financial health from the consequences of a bankruptcy.
over 70% of the population in el salvador does not even have 1 bank account. so why wouldn't they roll the dice on bitcoin and try to come out ahead? easily have the first move advantage over the rest of the world. depends how they handle this time before others do the same and follow suit
another american-salvadoran here. he's a power-hungry tool that has repeatedly shown dictator tendencies. he's replacing the previous corrupt politicians with his own corrupt servants. [the united states published a list of corrupt politicians in latin america, and 3 of the names on that list are allies of his, including his cabinet chief.]( he just uses twitter and tiktok really well so all is forgiven, i guess.
benevolent dictator according to that at least
not to start an argument, just genuinely curious as to how crypto would affect the most poor of these 3rd world countries. i am fully behind crypto(mainly eth as i work in the construction industry and see the extreme benefits the tech would have in our field in particular). taking my family's country(honduras) as an example. a lot...and i mean a lot of the country would find it nearly impossible to even be able to obtain crypto as some villages do not even have access to the internet. so there would still be a need for a bank or some entity to convert the crypto back to fiat for them(which would bring back the fees we are trying to avoid in the first place). so what happens(again, i want to be educated and not starting a fight)? does the entire country implement crypto as currency? cause then what happens as another point of crypto is to avoid inflation, but if the current volatility already hurts us as investors...imagine how much it would obliterate a person whose entire financial life is attached to something that could drop by nearly half it is value in a week. what i am saying is, let us say i send ? she has no way to access this so she would still need to take a bus into a larger city in honduras(about 2 hours) to get to a bank/"fiat exchange" because as you can imagine...nobody in honduras is accepting btc as a form of payment, so she would still need to get limpiras. i assume there will still be a fee...albeit less than the current state...but what happens to the value i send. would the , or will the value be based off when she makes the exchange? ex: i send , she cannot exchange until monday. btc drops 25% over the weekend. is that value lost? i believe in crypto as i stated before...but the questions in the back of my mind make me believe that is will further increase the gap between the wealthy and the poor. or am i wrong in my understanding of it all? *very likely as i am still reading books and obtaining as much information about the entire system in general, but let us all admit...there is a lot to learn. edit: grammar
except now gdp stands for gross dogge product, and your economies value is tied to meme's and nobody can agree to a price for something in btc for something long term, like a loan or a lease.
soon they’ll use the wallet, more accessible and cheaper international transactions. and if btc is accepted as currency in el salvadore then they’ll be able to hold there btc in the safemoon wallet where they’ll receive passive income (reflections) from the transaction fees - in either safemoon or bitcoin. if you have been ignoring safemoon because you don’t understand it. i strongly encourage you to check out r
ok...but that requires a network of computers into their eco-system to work. who is going to build that network for a 3rd world country like el salvador(or honduras in my specific case). i get the idea you are portraying, but i am having trouble wrapping my head around it for a poor country. living in the us, i definitely see the vision...with automation, the iot, robotics, ai, computers...etc. it is a perfect system that is ready for crypto to come in the near future...but honduras has maybe 10% of the country even "close" to our level of society, so what happens to the rest of the country? that is what i am confused on with el salvador implementing this. they are just as bad as honduras in the same categories. an apple that cost .00001 btc today and will cost .00001 btc tomorrow does not really matter if the person wanting to buy the apple has no way of doing so. edit: grammar
lula's downfall was obviously staged. the evidence is all there for anyone with two eyes to see.
lula was not corrupt? you gotta be kidding me.
ok, this is ridiculous, you’re going for a “got ya” moment here, while i’m trying to have a serious thiscussion. you cannot eliminate all risk, ever, but you can absolutely minimize risk. i’m sure you’re very aware of this, but feel the need to “win” this argument. are you a bitcoin maxi? these kind of arguments are tiring, because people like you argue in bad faith. i’ll indulge you though: yes, that kind of fraud can absolutely be eliminated. if the employees’ identities are on the blockchain, or linked to the blockchain via an oracle, and officially registered as employees of this company (on the blockchain or through oracles), then you have a guarantee that these people exist, and are working for said company.
you put title to company property into an nft created by an escrow company. the nft is held by a smart contract as collateral for the loan. when a loan payment is missed, the nft is transferred to the lien holder who can now liquidate the collateral and recoup the loan. easy day
i work in marketing and he is right. :) linux is arguably more secure than windows and it is free. how many developers write applications for linux? yeah, the ones who do the windows version first (mostly) or nerds just playing with it. being better is not enough, being cheaper is not enough, if it does not have public acceptance and recognition.
my point is simply that bitcoins block size will always prevent it from being able to effectively run day-to-day smart contracts. regardless of whether it’s on l1 or l2. the speed will never be up to par with what other chains (ie. ethereum l2) can offer. i wholeheartedly believe that the world will eventually run on smart contracts, but btc will miss out on this revolution, as it will only be practical to be a sov. bitcoin maxis say: “if you want speed, use centralized solutions.” but that’s like saying: “innovation in blockchain”. that’s so incredibly short sighted, and selfish. they pretend that they support bitcoin as a movement for decentralization, but tremble at the thought that they’ll have to share this pie with other technologies. it’s pure hypocrisy. ethereum offers a perfect middle ground between decentralization and security, and has fast execution of smart contracts on l2 today, and in the next 2 years on l1 via sharding. it already runs 3000+ applications, with the most active developer community. bitcoin is absolutely not practical for everything, and stopping innovation with btc would do a great thisservice to the overall movement of decentralization. we need more than just a decentralized transaction currency. we need society to run on smart contracts.
so according to you we’ll never have fast decentralized applications (meaning: anything that btc can’t do won’t exist, in the decentralized)?
i personally like cyrpto but the idea of the us adopting it escapes me. currently the usd is king. there are a good amount of wealthy fucks that pretty much run the country with lobbyists. i just do not see them giving up power. even with ever other country getting on board. i dont see the us (publicity) accepting it. at least not in the next 100 years.
oh with time yeah for sure but that is going to be a long *long* time. like such a long time it is much more likely for a more developed country to adopt it before a developing country will. at least more successfully.
oh no it’s having a stroke. too many conspiracies eroding what’s little brain there was left.
say it. say "it is just a bill" and it would not pass. come on.
great video. thanks you!!
do you even know the history of the civil war and the death squads the united states was in charge of and the propaganda they put out ? and how they painted the people of el salvador? you’re sucking up fake shit so goddamn fast. so quick to trust what the united states politicians put out. complete idiot.
is it a general rule in el salvador, that a person can only serve one term?
i really hope so. do you think the bitcoin thing will actually make people's lives better? or is it mostly a publicity stunt in your opinion?
ok mate, enjoy your btrash. maybe one day america will accept it as legal tender lol. the first country just adopted bitcoin as legal tender and will hold it as their reserve asset. how does that sound? i love it!
i'm not sure how strike operates, probably like an account, but i do not think they care about holding their keys tbh. but you're being intellectually thishonest here so i'm not keen to reply anymore. if it is impossible for people in es to get funds into strike then how has it been so successful in bitcoin beach lol. reality does not match your ideas.
people do not use it as payment because of tax, stop being an ignorant ape
i guess by the time it is really used as a currency we'll be spending satoshis...
do you actually trust a list coming from american politicians? pot meet kettle.
my family is also from honduras and el salvador. the situation you brought up is a common and challenging scenario for sure. this is where some enterprising individual could setup an entity to help facilitate the transfer from crypto to local currency for underserved villages. this will eliminate the need for banks and high transfer fees plus transfers can happen very fast and anytime - 24x7. also need to keep in mind that anyone in honduras or el salvador with a mobile phone can afford to buy bitcoin.
no they are going to make dogelon legal tender next because it is for the people gtfo out of here fucking shills
i believe that ethereum is superior to bitcoin, but let us be realistic about what smart contracts can actually do? you're claiming that smart contracts somehow reduce the possibility of fraud. my argument is that there is simply no way they can do that and i gave the first example i could think of. smart contracts are not well suited for anything that needs to interact with the real world. oracles are very limited in what they can actually do.
does this take away all anonymity?
i think what they are getting at is bitcoin is no better than any other loan they could get. this whole thread is acting like this a bit deal, el salvador has a population of 6.5 million, its gdp is smaller than bitcoins market cap. btc being legal tender here is irrelevant.
this depends on the startup having as great a value of assets as the loan value you lent it. not only can this easily be done using a standard legal contract, but the whole point is startups do not have assets, they burn money on wages and marketing before they get anywhere, that is why they need loans.
again, speed of l2 has nothing to do with blocksize. you are using all kinds of terms very loosely. you talk about bitcoin maxis, but the way you talk shows you are exactly the same, but for eth. bitcoiners don’t say to use centralized solutions for speed, but it is a tradeoff people can make. like ethereum being less secure and even jumping on pos while in production. are you just oblivious to the fact that that is a major risk on it’s own? and you know when pos was promoted to go live? 2017, and it keeps getting postponed ad infinitum. the sound money on l1 will always be sound and verifiable. also, people can be onboarded on ln directly in the future. and have you checked out ln strike? you can pay anyone anywhere with any currency - to any currency instantly with almost no fee. all through the btc. and who are you to decide ethereum offers a perfect middleground? you sound very much like an eth maxi, but someone who skipped learning about bitcoin and money first and jump straight onto a ‘cheaper’ bandwagon. eth was never meant as a money, that is just a narrative that some talking heads starting to pursue, like world computer first, then ico platform, then defi and now it’s supposed to be ultra sound money because they’re going to burn eth. great vision... i don’t care if you like eth, but for the love of god stop pretending you know the tech enough to decide what is good as what, because you are just a maxi without proper understanding.
we will. we absolutely will. but it will exist alongside everything.
also to clarify i do think fiat will go by the wayside one day. but you and i will be long gone by then.
the smart wealthy fucks will adapt when necessary, and will not give up being wealthy fucks, nor any power. the dumb ones would not, and the dumbest might even cease to be wealthy fucks. most will be somewhat insulated though, if they are rich enough. they have wealth advisors and managers and people who will help them keep their wealth, for the most part. this is not a new dynamic. change will come in its own good time. i think sooner than 100 years, but we're all just throwing darts here.
i could give you a class about the civil war in my country because i lived thru it. by the way, at which point did i say i trust the us? i responded to your comment with acts of corruption which i know that happened.
yeah he can only serve 5 years. and the constitution doesn’t allow for a whole lot of progress to be made in those five years normally. he’s really changed so much for the positive in a short amount of time. us officials fear the amount of power he’s raised because they’re losing their control on the country (even with this news the country won’t even be dependent on the usa anymore for monetary policy. used to be at the whim of the fed)
it’s genuinely going to make everything better. it’ll lower prices of goods. the reason being that when the old corrupt regime switched to the dollar the exchange rate was awful for the old currency. so the rich got richer and the poor got substantially poorer because wages didn’t budge as well. majority of people were making & most goods are still ++ bitcoin will remove the dependence on the fed & will actually allow people to build wealth. the majority of people in el salvador don’t even have bank accounts. years of terrible presidents has allowed for this.
i am enjoying it cause it works. people in el salvador are also enjoying it cause it works. it's a very small group. mainly families that are seperated where their sons and daughter works in western countries and send money back home. signing up to strike is not freedom. if the app goes offline or gets pulled then these people lose everything. the whole point of bitcoin is to be in full control yourself, not to depend on jack maller. you should be ashamed of yourself for offering a solution that does not give people more financial freedom at all.
it's not impossible. it's possible through remittance. reality is that use of crypto for remittance in el salvador has existed for many many years. i know what coins people use, and yeah there is some on chain bitcoin usage when fees are low enough but it is mainly other lower fee coins and stable coins that exist on multiple blockchains to protect against volatility in transit.
so we agree it is not a good currency then. boy i sure feel like a clown.
the government would have to hold btc then, and eventually it would be too difficult for them to back every paper satoshi so they will stop backing it -- like gold. lol
ethereum does not have a supply cap like btc but it is not variable over years. still, i like it a lot my fav for this is xlm, it was designed to be an internationally useable currency with low transaction fees
as opposed to trusting the word of a guy who brought in armed soldiers to a government building as an act of intimidation? bukele is a fucking loon and it is clear as day he is willing to do *anything* to gain more power and stay in power. anyone who thinks he is not corrupt himself is extremely naive.
the list is actually pretty accurate, missing some names but every name on it is a well known corrupt politician.
exactly. they’ll move doge through the exchange and store there doge in the safemoon wallet and earn reflections. global domination.
oracles are limited *today*. in 90s people were mocking x, saying that online payments would never become a thing. bezos was laughed at for starting an online market place. this is no different. the truth is that in a world where blockchains form a significant backbone of our societies, smart contracts and oracles most definitely reduce fraud and improve accountability and transparency. i’ve noticed that bitcoin maxis often choose this kind of reasoning: “anything that btc isn’t capable of won’t happen.” it’s so blatantly short sighted... and the most ridiculous part is that maxis argue that they support btc as a movement against the establishment. meanwhile, they think this movement shouldn’t go further than btc. what a joke. ultimately all they actually care about is seeing that number on their screen go up, and sharing decentralization with other projects limits this (in their eyes). they’re a bunch of cultist hypocrites.
your first sentence is a pretty big deal. having a small country like el salvador do a test case would be an amazing real world proof of concept.
you conveniently left out my comments about smart contracts (my whole point)? sure, you reaffirmed that bitcoin could be useful for transactional purposes, which is what i said as well. my point being: transactions is a small piece of the pie that is decentralization.
define “alongside everything”. because if ethereum provides the best middle ground when it comes to decentralization, security and user experience, the average end-user will absolutely choose ethereum (meaning that the average developer will too). users and companies want to use blockchain. but bitcoin does not provide the right user experience for day-to-day use. so i can’t see btc being used for anything else but sov.
correct, and boomers that are running this shit show have no idea and will tie it to drugs (cough you can still buy heroin with cash fiat. idk any dealer that would take a cc, and if they take digital other than crypto is just a paper trail suicide). the next gen in is gen x. some may adopt it but most will carry the same biases on cypto that boomers do. next is millenials, irl i am a millennial and all my friends (i'm the oldest one, the youngest in the group is 6 years younger than me) and they think cyrpto is a scam. shockingly the only person i could get into it is 20 years older than me (buddies dad). now we have the current teens. i dont believe until they are the ones running the show 30-40 years from now we will see real acceptance. now i have been wrong before in my life plenty of times, and this would be one thing i would gladly love to be wrong about.
is this what happens when a conspiracy circlejerker loses his tin foil hat? this is hilarious.
you’re regurgitating what the usa says about bukele dude. you’ve been doing nothing but sucking the united states cock in your responses. obviously we both know then, if you know about the civil war, the usa doesn’t give one single fuck about el salvador. they care about power & control and having a docile government in place that will do whatever they say. bukele is rebuking that & today even rebuked the dollar. this is a good thing that will eventually make all of the people of el salvador richer.
yo soy salvadoreño para de joderme es mi pais tambien y yo te puedo llevar a la escuela tambien niño
if this really plays out in a favorable manner for the public of el salvador, it would be by far the biggest thing btc has achieved. idc if it will be reflected in it is price, it would be so meaningful to actually make millions of lives better. really rooting for you guys!
that's like saying "giving these people a bank account and access to free and instant remissions from america is not freedom, they need bch!" it's a ridiculous assertion
el salvador will pass a bill to make bitcoin legal tender and will also put bitcoin on their balance sheet as a reserve asset. 20,000 people in el salvador are signing up to strike to use the bitcoin lightning network and bitcoin every single day. cry harder and hfsp.
no, bitcoin is an excellent currency, it is the hardest money on the most secure and decentralized network in existence. now that lightning network is going mainstream we can handle literally millions of transactions per second (much more throughput than visa for example). the things slowing down mass adoption and financial freedom to everyone on earth is fear from banks and governments and clueless apes like you. do yourself a favour and read more.
imagine if crypto donations are recognised as being instrumental in the defence of a sovereign country from a foreign invader
to all the commenters: the 15 million were spent not on the weapons, but on the vital combat gear such as vests, helmets, night vision goggles etc. we are actually having a surplus in hand weapons, ammo and military machines due to how much of these were abandoned by russian soldiers.
it is good to see where this money is going. imagine if all government spending were blockchain transactions. transparency would bring democracies down.
as long i love the £15m on donations that can afford 1 tank if so… war is so ridiculously expensive
who would have thought crypto would be used against invading russians on ukraine soil. the power of crypto is endless. though nothing without the resilience of ukrainian people.
but did they pay their capital gains taxes????
it's not that much but still it is awesome we are able to help with crypto. war is expensive.
yes let us do the same with crypto, what we wanted to prevent in futures with crypto... dumbasses...
biggest proof of crypto viability is this war i suppose?
tldr; ukraine has spent , including bulletproof vests delivered on friday. the government expects to double the crypto donations received so far (56.8 million) in the next few days. fraudsters are taking advantage of the situation to siphon funds from well-meaning donors. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
so basically, i paid twice for weapons. first with my taxes, then with my donations. i feel swindled
celebrating crypto being used for weapons is a whole new level of fucked.
you would think donations from the random public would be specifically earmarked for humanitarian supplies like food; water; meds; etc?
so who's benefiting from selling all these weapons?
so crypto good if it is helping the "good guys" but demonized when helping who they say are the bad guys. got it
so they gave 15m in crypto to military gear companies?
who did they buy the military gear from
for me was more trusting and easy to donate to them most of my crypto portfolio. slava ukraine
why isn’t elizabutt warren talking about the positive effects of crypto . she is such a loser .
correct me if i'm wrong; but i think that if most of the world adopted btc as monetary standard and abandoned fiat completely, it would become way more difficult for countries to engage in military efforts for long periods of time. wouldn't it make wars much more rare and less impactful on society? in contrast to wwi and wwii which were funded by fiat and hence were devastating to the people who held wealth in national currency because of the money printing spree to pay for the warfare efforts. my two cents; what do you think?
what else were they going to spend on right now? building infrastructure?
*call of duty : crowdfunded warfare*
i'm ukrainian and crypto just saved my ass, as well as dozens of wounded. i simply used binance as a donation tool by selling tether, but anyway you've got the point. paypal and banking are way too slow and inefficient due to our restrictions in terms of foreign transactions
they day traded the remainder and got liquidated immediately on binance
just hoping that everything will go well for them. 🙏
can't blame them, given the stakes they have to use anything and everything that can be viable. will be interesting to see what effect this has on how people see crypto.
it's like the taliban origin story but with crypto lol.
a minute of silence for those suckers that donated because they wanted an airdrop.
sounds good, since these gear is for the civilians fighting for their country.
guys, please stop posting articles about how the war is great for crypto. even if it is true, we should not give two fucks about it. war is horrible and personally, i do not to hear about any "positive side". wars do not have positive sides.
it's not much but the crypto community just saved some lives.
crypto to fund a war over oil, gas, and who controls the global currency and petrodollar. now you can buy drugs and support mass murder.
i just hope they can get safe soon.
hope it doesn’t get in the hand of these nazi militia roaming around
finally!!! i'm financing war
wow! first war financed by crypto!
mainstream media needs to report this! it's so annoying seeing major news shitting on crypto when it crashes, but when it is utility shines through the financial shit storm in russia & ukraine, they do not report it
we need this on the news! tired of hearing negative crypto news.
i think people need to be more cautious when it comes to this war, and look at the information from different sources. the truth is usually in the middle. i wouldn't spend or donate my money for any military.
this place is an echo chamber of idiots. you people thisgust me and i hope you lose all your money in crypto.
it's unbelievable how many people do not understand the easiest things... how can you be so wrong... i do not get it... finance a war... great job... what makes you better then the fiat guys?
anyone who donated is a fool, russia is a superpower and they will eventually control the whole of ukraine. it's just a matter of time so donating to the ukrainian military for them to buy weapons would not change anything and theyll lose all of it anyways. if you want to really donate to help ukrainians then just donate to charities and organizations that help them
good, i hope my doge went to some more bullets
actually using it for what its meant!!
well spent. russian tank, go fuck yourself
pretty cool that my crypto can buy body armor and rpgs
so...the money is gona bi used for the killing...god forbid that they transfer this to the people thah lost their homes nooo let us buy guns!
am i the only one who is repulsed that crypto is being used to fund weapons?
’t much when it comes to military gear but i’m glad crypto community is helping the brave people of ukraine.
i just bought these coins for laughs, no idea i would be directly financing a war edit: and you get a javelin, and you get a javelin, and you get a moltov
much needed, ukraines army like we've been witnessing are looking like space troopers compared to russians... but now ukrainians are bolstering their ranks with citizens, regular citizens willing to fight and they do not have shit...my mom is in constant contact with one of the members from donation group that started humanitarian services for soldiers lost since 2014 war and he says that they are protecting and doing city patrols all across poltavskaya oblastj with nothing but knives in their pockets, no guns, no helmets , armor nothing. i hope gear and guns reach every citizen of ukraine to stop this fucking onslaught.
i sent all my polkadot
i was watching a journalist interview some of the 50,000 volunteers who are arriving in ukraine to help fight. a couple total bad-ass american snipers who fought in syria and other conflicts. with the shortage of body armour, night vision goggles and helmets, this money is going to help these guys defend freedom.
well, yes, i didnt want them to spend it on fucking ada or a sodding cryptopunk! thats what it was sent for. they are fighting for democracy and a free europe. buy all the missiles and guns you need.
proud as fuck to be a donor to this…
they also received . doesn’t matter what form of currency. they’re being backed by our tax dollars lmao
good! i sent the ukrainian government ,000 in bitcoin. i hope they can buy a lot of food and a lot of defensive tools with it.
crypto idiots fueling war, death, suffering.
headline should read, ukraine converts cryptos to real money to buy weapons. cryptos cannot be used to literally buy anything. but also, how many billions in cryptos has putin used to evade sanctions so he can use that to kill ukrainians?
amazing how many people funded neo nazis. google azov battalion.
congrats, you guys are now officially war criminals if they commit war crimes
how? did they just go to the military store?
yeah, i hope the people who donated btc eth and even memecoins like doge elon and shib understand what's going to be done with their money. there's more to a military than this war, and giving an entity so much power so sudden is dangerous. power corrupts, and absolute power corrupts absolutely
my head is kinda spinning.
wondering where they buy weapons and how they are delivered... asking for a friend
this will be remembered in history books. my . i am part of history now.
that's the cost of 100 javelin missiles. let's hope you us sells them to ukraine
good that the money is well spent!
should have bought the dip.
how much was spent on diplomatic gear?
i just wanna know an arms dealer who accepts crypto. that's the real freedom
that was yesterdays dip 😝
what is that like 1?
didn't the founder of dot donate quite a bit too?? been keeping up with them since the alliance block and supercolony partnership.
in the eu they will sanction crypto because russia uses it to circumvent the sanctions. it will sadly happen. fuckin idiots.
i'm a real crypto noob so i apologize if my question seems stupid... but who is accepting the crypto as tender? are there certain arms companies that can accept crypto for transactions?
they should not have to be buying shit they should be getting donated shit from everywhere!!!
so we all still hate crypto right?
“ukraine spends ” ftfy
im still impressed they can get things into the country
military industrial complex wins again. war is profitable.
holy shit read mode in my browser has never been more appreciated. what a shitty website.
so this is why the markets dumped the past two days
i spent 30 bucks on maplestory today.
half expecting them to buy the dip
i'm terribly curious if they converted to hard currency first or if they managed to find an arms dealer who can supply an entire country who was willing to accept crypto.
arms dealers taking crypto would be pretty interesting.
it would be mad if, and hear me out, a load of other countries that had loads of military gear, you know the ones that spend a metric fuck sploodge of cash on it all the time and go on and on about it, would just give the ukrainians a load of that. the crypto donations are super cool also.
is it just me who finds it morally strange to donate money that will be directly funding the killing of people? like i get it the russians are wrong here but does anyone donating not have any moral quarrels with it?
no wonder we have been dipping. ahh i’m okay with it
hell yeah. btc on the front line of freedom
rambos to the moon
anyone have a link to the donation wallet addresses?
not happy to say love the circumstances but here we go utilised properly.
but it’s used for illegal stuff. see
ironic how war brings about world peace in the form of crypto adoption
wait this reminds me, how should i donate to this?
who is selling the weapons and profiting, israel or the us?
lmao... don’t forget 10% for the big guy...
crypto is only evil when it suits us - in a nutshell
10 million of that was just in oakley sunglasses. rule number 1- always look cool...
ctypto us doing the work of god and nato. i've never been prouder of us as a group!
this, my friends, are the first military adoption of crypto 🇺🇦
crypto developers need to develop a dapp to easily help refugees understand and transfer their money into crypto. this is a big opportunity to help people into the space. they are getting a first hand experience why decentralization is important.
i would buy the equipment from the russian troops. i do not think most of them really want to fight so they might as well sell a tank, pocket the money and sit in a prison for a couple of weeks and be safe.
i doubt it. the money will be going towards the italian marble floors in the ensuites of zelensky's 35 million dollar florida keys mansion.
ah, that explains where this week's gains went
they should spend it all on the military to win.
amazon prime that stuff over! next day, baby
the world sends its regards
ukraine = panic sell, el salvador = hodl
remember when us military equipments end up in the hands of isis fighters?
that’s why it dipped?
well, i may hate crypto with a passion, but even i cannot deny this time there was a decent outcome from it.
i’m beating the government at their own games. i already implanted a chip on my wrist with my seed phrase.
where are they buying it from ?
why donate crypto when my us taxpayer money pays for so much more and more
a ponzi scheme can buy military gear? hahaha glad to see global adoption, just need global acceptance now!
if i had a rocket launcher some son of a bitch would die. -traditional canadian folk song
so if money donated to iraq was spent on military gear
they spent 15 million on dollars, that they then used to buy gear
as long as it’s a pump and dump against authoritarianism, i’m not gunna say anything.
congrats, yall paid for people to be killed
spending crypto for self defense great
nice, so the war can continue. big brain play. fuel the fire
strange? i thought the west are arming them with arms worth billions of dollars. they could not possibly buy arms from russia?
* plays bayraktar song *
why cannot they spend less than a tenth if that resolving the problem verbally.
who accepted crypto for military gear?
does that come with free overnight shipping with that large of an order? i sure hope so.
what! i thought they were going to buy drugs. but glad i donated the bitcoin anyway.
hold strong ukraine. hodl the line.💪
yesterday people in this sub were happy that the sanctions on russia wouldn’t be as bad because they can use crypto to move money—this is a really big change from yesterday and i’m pretty confused
i dont think the donation is meant for that.
general acceptance of crypto shall be the independence of finance... it's welcoming that crypto is been recognized in a nation's economy
yay, i helped ![gif](emoteemo_pack_1tanking)
donated first time ever, day later got stupidly scammed lost all my savings almost , hard-learning from mistakes but happy at the same time it was not 150.000
reddit loves wars now.
"donated* by the us
dm me ukraine i’ve got some fighter jets to sell
tanks tank the price
i donated personally and the official ukraine airdrop might or might not have played a role in how much i decided to give😁
might as well before it dies further in the ass
did they pay capital gains???! -_-
also, ukraine launches crypto fundraising site with ftx and staking platform everstake. aid for ukraine, described as the country's official website for crypto donations, accepts contributions in btc, eth, dot, sol, doge, xmr, icx neo and usdt. it supports fiat as well.
well i hope they spent it on american military gear.
long live the land of the dniepr river. hope you spend some on javelin too
translation: you muppets donated to the military industrial complex. bravo.
what a fucking waste
big share of it will also end in pockets of ukrainian corrupt politicians, it will be interesting to see their net-worth before and after war. everyone who sends money to a government which wants to drag nato into it and start world war 3 has questionable values, or is just naive, 15 millions which could help actual ukrainian refugees 😔
i never wanted my crypto to be used to buy weapons but this is the need of hour. hope ukraine stand strong and defend themselves
tragic situation all around but great to see that this is shedding light on the importance of crypto and how it can help countries when in dire circumstances.
i just wish the government official would focus on news like these instead of creating fuds
good. give 'em hell.
people buy nfts for 60+m and but a group can barely get 15m to help ukraine defend itself? 🤦🏻
no different than donating to isis. every donator on the blockchain should be tracked and brought to justice.
ukraine is so corrupt. i'm sure only half or three quarters of that was actually spent on military gear. alot of it was spent on a kind of slush fund for some politicians to emigrate to western europe comfortably. not that i'm thismissing this as monumentous for crypto, but politicians accounts should be tracked by the blockchain...this is where you can be assured that money went to the correct places...
seems others are following suit;
fuck, i've read metal gear. it would mop the floor with russian tanks.
i love this so much
fucking awesome ,hope it helps them out big time...
never did i ever consider that we would have a crowd sourcing contributing to war funding. fricken awesome. kickstart campaign title: russian war machine, go fuck yourself! pledge ,000 or more and receive: lots of russian war machine, go fuck yourself. pledge ,000 or more and receive: some russian war machine, go fuck yourself. pledge : base amount of russian war machine, go fuck yourself. pledge : a single russian war machine, go fuck yourself.
ukraine showing other countries how to raise funds through crypto in the middle of a war.
...but i though crypto was only used for illegal activities 👀
amazing pr for crypto
when you put that vest on, feel the warmth of the hug of satoshi nakamoto
what a fucking shopping spree
so... while we are buying russian gas and oil (financing the russian side of the war) we also release some propaganda to let the people all over the world give money to ukraine, effectively financing both sides of the same war. russia man bad, abso-fucking-lutely but, if you hate the man so much and want him to lose, stop buying his f\*cking oil & gas.
heck yea, that is why i sent some!
god i hope they get better thiscounts than the american military.
we are gonna buh low em up doug. let's go!!!!
hi, my name is oleksandr and i’ve just lost my job!) i am a student, studying foreign languages in kyiv. i lost my job, because of this thisgusting war; many children are trying to save their lives now and studying new languages doesn’t interest them at all. so, i decided to go international. i am a native ukrainian and russian speaker; i have passed ukrainian proficiency test and scored 193; my english level is c1. if you are interested in studying ukrainian or russian, feel free to write me a direct message. i will be pleased by any respond. i can send you my certifications if you need them.
as good as this news is, it still sucks that they are in a situation to have to repel an invasion rather than spend .
good. fight back those fucking russian and cripple their economy with more sanctions.
and the us government trying to ban it. shame on them.
damn crypto officially used to kill people.
dumb! should spend it for the people
i hope it does not end in the azov batalion hands
who’s selling it to them instead of just donating?
do you people know who's gonna profit most from this whole ukraine war? china - mark my words and least... whole europe...we are fucked in europe if this passes and does not escalate...rekt economic wise
did they buy them in crypto, or have to convert them to another currency first? if the latter, how much value did they lose in the conversion?
10.99% less gear over last 5 days. should have not used fake money bitcoin
very touching. you guys should also convert your crypto into something actually useful.
a crypto news source, which is wrong at all times, tells you a single no problem for me has traded his no problems... for still no problems. stop letting people off the hook. donates to military gear... ok send money to germany and uk and usa to make it... who are not involved. ukraine has no factory making guns or tanks. that is what they need right now.
sooooooooooooo that means they ukrainians sold and did not hodl . ' i understand the need to do that.
now everyone has blood on their hands. at least those who donated.
well holy shit... the first positive use of crypto!
crypto is changing the world.
smart. if they ever get invaded i bet it helps.
you are a fucking cancer to society. just donating to get some attention and pump your fake internet money. pathetic
tbh we could not have asked for a better recognition than this, something like this will probably be in the history books in 15-20 years already.
we do not need to imagine that. it's happening right now
if? 15mil of simple gear is a lot of gear already. granted the complex systems cost a lot more
crypto ends up being helpful and now we have proof of that.
this will eventually happen imo.
it will definitely play similar role as other humanitarian organisations played back in the early wars.
we do not need to imagine. it's happening in real time.
seems like the world governments all agree crypto is a good idea for them to use. unfortunately governments running crypto is exactly what we should not want. this is not good.
i like your imagination
they kind of are already. well atleast they are here.
much better position than "the tool for the corrupt élite to bypass sanctions"
despite the dip, bullish on crypto!
what crypto is doing for ukraine defense will never be forgotten! 👌👌
15 million spent: read it as 1.5 m spent to show something and the rest stolen. ukraine is as corrupt as many other countries. wait and see
and then immediately every other sovereign country wages a domestic war against crypto because they realize the same tactics can be used by citizens at home after the dust from this settles.
that would be the least important news for the us and all other major countries with powerful currency lamo
they looking pretty instrumental to me
don’t have to imagine. it is recognized as being instrumental right now. now imagine if satoshi donated using one of the og wallets. that would be something.
it just might be
you have no problem now but someone did the same shit against usa in afghanistan you'd be pissing your pants right onw
imagine if crypto donations are recognized as being instrumental in the increasing length of war. adding more death, more pain. grow up, not everything is a videogame.
or imagine if crypto will be recognised as instrumental in founding neo-natzi terrorist governments.
lot better then ponzi schemes and useless nfts.
will the donors be on russia's hit list for crimes against the mother land? i think i have to change my identity.
the ukraine is a puppet government of the west. zelensky is a tyrant who has destroyed the ukrainian economy at the behest of the cia. the country had a representative government until the orange maidan revolution that was financed by globalist interests. are you just really dumb or state sponsored?
one day they can afford a nuclear missile, the next day a pack of bullets, with gas fees and all.
you realize people could also donate usd and that will still buy weapons, right?
fput- “fuck putin” coin on uniswap is also donating to the eth wallet on all the transactions. seems like the crypto world is really coming together on this
now we just need to prevent theft from people being instrumental to the invasion of a sovereign country.
how much went into russia?
the us has been sending ukraine around . this year they might send a billion.
defence, yes, defeat, let us see
surprised we hadn‘t seen crypto donations for the work, before the ukraine donations. wonder why that topic, and others is so taboo. regardless, hope peace comes to ukraine.
pages in the history books for sure.
the ease of use and ease of accepting donations from any corner of the world with crypto no matter what the situation is quite mind blowing. all the centralised authorities, banks or countries can ban you, yet you can get the donations and help through cryptocurrencies.
we? you and who? :d
i hope that the basic necessities and food supply are being more prioritised than trying to fight trained soldiers by the civilians.
that is a good use. donating to ukraine would be pointless if they used it for weapons
zelensky: we'll win this war and make russia pay for it
are soldiers just leaving it behind and no longer fighting or are the fuel and transport costs fucking them?
lol. wait you’re serious
good deal. i sent you guys !
spend it on napalm for the kremlin. fucks sake...
>the 15 million were spent not on the weapons, but on the vital combat gear such as vests, helmets, night vision goggles etc honestly, that is much preferable. who wants their donation to pay for weapons that kill other people. as much as you may hate the enemy, at the end of the day there is humans on the other side too, not robots. this is not some cod game you play remotely. let the politicians sort out the weapons shipments. a lot of people here getting carried away with rage hoping for causing a killing spree by donating, a bit thisgusting honestly.
so, the germans had it right from the beginning?
i'm sure the irs would love it.
but then how will the politicians be able to pocket in billions of dollars in offshore accounts, surely they would not let it happen.
> imagine if all government spending were blockchain transactions but you can... already track all government spending. normal banking already tracks that. it's just private for random people.
article says its mainly on vests and stuff
you can afford a whole lot of javelins.
more like 20-30 used tanks, but i doubt they are investing in tanks.
well it is not an rts game, you do not just spend .
it would honestly be better spent on explosives at this point for guerrilla warfare for militias. prolonging the convoy, being the best bet for deterring russia. the longer the war pans out, the more desperate russia will become, most likely leading to more countries being able to defend ukraine.
but still 500k homeless people in usa alone and many more living on poverty line. good thing that usa has 900 fucking billion usd budget per year
tanks do not really fit in modern warfare. they are getting decimated by atgms
it's insane how fucking stupid war is. we are still recovering from a financial thisaster internationally, from a pandemic, from inflation, and no matter your politics, war is just a massive waste on an objective scale. estimates say that the war will cost the global economy .
and being honest, nowadays war has become a competition to see who runs out of money faster rather than seeing who is better.
ukraine putting it into basic infantry gear like cold weather uniforms, fuel and mres is infinitely more impactful than a single tank.
the first half of your comment makes no sense. also it is 15 million dollars, not pounds sterling.
i was downvoted for saying this a month ago, but it is going to be similar to the el salvador situation eventually. ukraine is going through their own currency crisis like russia. they use hryvnia, ruble, and usd. none of them are great options right now. bitcoin fixes this. or at least provides another mechanism against international geoplotics. obviously, usd is their best option, but keep in mind that basing your economy around usd makes you beholden to american pressure. there was literally an impeachment about this.
war is expensive and we’re helping to fund the self defense of a nation and maybe even paying russians to surrender.
it seems they received >. so, it is pretty reasonable amount and would change a lot on ground level if the logistics are fast enough.
and add it to all the other donations being made by crypto companies too, such as ripple, polkadot, etc. just a few days ago it was apparently at []( already. every little helps.
yeah, 50m will not even last for a day if a direct war was being fought face to face.
all the help counts, i pray for the people in ukraine. i wish this all ends soon so their life gets better.
every drop in the bucket counts! 🇺🇦
15m is absolutely nothing in terms of economic significance for a currency
this was not spent on weapons. they have plenty of small arms. this was spent on crucial gear like vests, night vision goggles, scopes, etc.
welcome to international relations and global security. it all eventually comes back to war and profits
> for bulletproof vests, food, bandages, and night-vision equipment this was the stated purchases from the website. , and a lot of that weaponry is coming from governments anyway.
exactly, war is the main driver of the old, collapsing system. while crypto has no nations and nationality. crypto is all about the individual sovereignty. unfortunately we can still observe how stupid and ignorant the mainstream are. if you donate to the governments, you just fund war and you just make the collapsing system to be even more destructive. i just cannot believe some of the so called "blockchain og"s also supported this shit, i'll never forget about their stupidity.
this is the dumbest take. there is no “both sides.” if you see a tiny neighbor getting stabbed to death by the sociopath gorilla of a neighbor the correct thing to do is to stop the homicide.
it was spent on vests and helmets etc which keeps people alive i guess.
... yes, a neutral technology is good when used to help "good guys" but bad when used to help "bad guys." that seems plainly obvious, no?
to be fair crypto have been used for both good and bad...
yea, now the "good people" are funding a war... double standard?
as long as there is liquidity and it can be cashed out i do not see a problem with that? i bet these companies would want to hold some crypto considering everything is on a fire sale at the moment.
the military industrial complex. we now have a decentralized system to help pay for wars.
yeah right? they cannot be possibly importing them and that means they are probably making the factories produce it.
pandemics do not have positive sides either, does not mean you cannot praise the usefulness of medicine.
maybe you're right but still it is good to spread awareness of how positive things are also being done. definitely helps people restore faith in humanity.
people are so happy they can help people kill each other better
i read another comment that said it best. i do not support war. i support the defense of ukraine.
outcomes of wars have positive or negatives sides. for example, the korean war. it was a terrible war but the outcome was a free south korea. if people had not fought in that war, the south korea would have been exactly the same as north korea for the last 60 years.
this sub is the new favorite picnic spot for putin bots.
hahaha! the banks are probably pissed.
keep looking. ukrainian army fights for the freedom for all of europe. the russian army is heinous and commits many war crimes.
wake up comrade. this is not true, everyone knows that ukraine is being unjustly invaded right now.
i think you do not get it lol
just like vietnam and afghanistan.
yeah russia is doing a great job so far after all lmao
crazy that in 2022, you can fund a war with dogecoin. what a time to be alive
literally not what happened, maybe read before commenting?
so you need to understand that the common civilians had nothing to defend themselves and this will help them protect them and their families.
it is mostly being used to buy vests and night vision goggles but even if they did use it to buy weapons, so what? they would be using it to defend themselves.
which part do not you like? do you think they should have used gold or do you think they should give up on their sovereignty?
those weapons are defending people from an unjustified invasion.
what do you think your tax dollars do?
who would have thought back in the day, that my shiba will help someone get a gun.
and 15 million is very from any real military power. what's your point?
they do not need any missiles now, since they are fighting it the guirella style.
it is like seven tb2 drones but that is not what it will be used for, since they already have enough. it is going to help improve what soldiers already have. radios, optics, night vision goggles, vests etc.
as far as i’m aware they exchanged it to fiat and than bought the supplies with that.
probably from lockheed martin or some other military equipment manufacturer.
once they surrender to russian guess where are all this fire arm going
that's what many of us never thought, but that is how the world works.
that is how much they just spent, a fraction of what has been donated.
make a procedurally generated tank getting blown up nft.
yeah let us hope governments now will realise the power of crypto and push mainstream adoption. but we all know that is not happening anytime soon. they're afraid of crypto because they cannot control it.
exactly. the world's crypto community has created history by helping out a country in dire need of military aid. can't wait to tell this shit to my grandchildren, assuming we do not blow ourselves up
this will be in the history books for sure. it is an important moment in history.
i’m actually hoping i can get on of the ukrainian sponsored nft’s that might not ever be worth anything but it’s a piece of history.
the best publicity is necessity and usefulness.
in the history of books right alongside [the pineapple fund]( which donated 55 million in bitcoin to various interesting charities.
it's great recognition tbh, how fiat system was wrecked in a day and crypto came to rescue.
while i agree and think that is true, my mind wonders to the other side of things too. what if the general sentiment of the population agreed with the invasion of another country? what if palestine wanted to invade israel and because there is so much anti semitism anti zionist folks in the world, they funded it and lent to civilian casualties of the israeli people? would that be "just" and a good use of crypto? i think not. i believe most people are good at heart, and that wouldn't happen, but it is not impossible. i also think about how, in the future, funding wars via the masses could just end up being a "game" of who has more funds to justify. it's interesting to think about, and kind of alarming. 😅
try a day from now.
i’m okay with that, as long as those history books aren’t in russian. fuck putin, fuck his lies, and fuck all the idiots that enable him.
tbh, there are much more important things than this that will be in the history books like the resolve of the ukrainians, the overwhelming sanctions, avoiding nuclear catastrophe, the crackdown on independent press in russia. this will be lucky to be a footnote.
yes, once they see crypto's capacity to privately fund weapon purchases to impact geopolitics, governments are sure to get on board! chuute! chuute! * all aboard! note: not honk! honk! *
recognition? for what? are you high? they swapped a volatile, unregulated and mostly useless currency for something that is useful and does have value.
guerilla war does not need complex system
crpyto: "fine, i'll do it myself"
governments will just see that "holy shit you can buy weapons with crypto," and crush it with gusto. this is probably actually really bad for unregulated currency.
what dip mate? remember how everyone was panicking on the day russia invaded ukraine?
again, why swap eth and pay the txn erc20 txn fee if you can just send eth to ukraine??? why has not the owner renounced ownership of the contract? waiting for the legitimate reason... ownership renounced or source does not contain an owner contractview ownerthe contract contains ownership functionality and ownership is not renounced which may allow the creator or current owner to modify contract behavior (for example: thisable selling, change fees, or mint new tokens). there can be legitimate reasons for not renouncing ownership, check with the project team for such information. scammy asshole!!
it's 'ukraine' and not 'the ukraine' consider supporting anti-war efforts in any possible way: [[help 2 ukraine]( 💙💛 [[merriam-webster]( [[bbc styleguide]( ^(beep boop i’m a bot)
me and the rest of ukrainian nation.
unless someone was selling a putin seeking missile for less than that, you're probably right.
pov : tell me you have no clue about geopolitics without telling me
eh, kind of both. they are often leaving it behind due to fuel supply issues.
i wish it was not such a pain in the dick to track and report transactions.
the pentagon lost .5 trillion so they can’t even keep track.
military gear is expensive af, but i hope it will relieves them a little bit
i love how crypto helped ukrainians. crypto is amazing for sending money among countries with low fees.
it is just military gear for the civilians who will be trying to fight heavily equipped russian forces.
2 day prime delivery?
i think ukraine manufacturers their own tanks, they do not need to purchase it from other countries.
that convoy cries for a line of napalm. buut... i'm just joking.
that’s a complicated problem to solve. many of those people are drug addicts or mentally ill, you can’t just lock them up if they don’t want to.
what-about-ism at it is finest
not "bitcoin" as it is useless and has no privacy. they need scalable, private transactions, enough for a whole economy. that will be on eth l2's or equivalent tech, and will take some time.
i would say a stablecoin would be better for them. their finances probably are not doing well, why add a layer of instability with the volatility of btc.
*are we the good guys now?*
the mass funding of weaponry and military means can work both ways. imagine crypto was used to fund the september 11th attacks, or similar acts. it is neutral in these matters, so it works both ways. if you want to claim the victories when it is spent on wars you like, you also own the losses when it is used in wars you do not like.
don't spread russian propaganda talking points. not after all we've seen in the last 10 days.
how is what russia is doing with crypto bad and what ukraine is doing with it considered good though?
they are buying body armor, helmets, night visions, etc. more like protecting the people
i never said there wa a problem, i am legitimately asking how it happened. did they transfer de crypto to some wallet owned by a military gear company and that company gave them gears?
now that is the crypto dream, isnt that nice
insert "always was" meme here
no, this was used to defend the general public from armed and trained russian soldiers.
yeah, if it weren't for brave countries like ukraine and poland, russia will reform the ussr.
put a remind in couple of days and do not be pikachu surprised when russia will capture 50k ukrainian soldiers. self proclaimed experts on reddit and twitter have been spoon-feeding you with opium of illusions, i pity you that your echo chamber will be destroyed soon.
30 percent of ukrainian territory in 3 days. entire army is deserting, forced to make kids and women meat shields. pathetically corrupt and poor country.
naah, that is for pussies
it's surprising how many people think that the smaller country should just surrender to protect their people. this is not nations work.
i am fine with crypto going to civilians to buy guns and defend their homes. i do not think crypto should go to governments to support militaries. all governments are bad.
yeah right. some people are just thinking that war is bad, but it is being forced to upon the people of ukraine. they did not choose to attack russia
well that’s encouraging then!
they will push cryptocurrencies, but their own version
let's not overhype this. its . in 2021, £52 million () was raised in the uk for comic relief when we were going through covid. similar amounts are raised every year. we got the dec ukraine appeal right now and i bet that will exceed . thats one country. cryptocurrency is global and only ? i actually find it a piss poor amount. i was going to provide how much money has been sent to ukraine by others but it will take me ages to tally it up so i'm just going to provide a source for that. sources: edit: dec appeal raised £150 million in one week:
you do not get it. no one intentionally gives up their power. the only governments that will push for mainstream adoption are the ones who lack the power to make it mainstream.
>yeah let us hope governments now will realise the power of crypto and push mainstream adoption. man if anything this is going to make them want to ban it all together. today it is ukraine but what if a rebellion happens in any of there countries?
*can't control it, yet.*
they won’t because it can fund their enemies, or the people too. this might go the other way, it won’t matter though
this is an example of exactly the reason they fear it.
yeah i do not think the problem was ever that they did not realize the power of crypto.
and thank god for that so we can sanction russia and they cannot just get around it with crypto
here is the problem. people from the ruling class ie. governments, military and major corporations already know the true power of crypto, they knew from early on. they are the ones who drive the idea that cryptos are some sort of investment where one can make huge profits measured in fiat. by pushing that narrative they have managed to keep crypto under control because people are still thinking in fiat money. they need to put real crypto in a space that is deemed as difficult, risky and used by criminals for the rest of the public. their next step is to recognize the technological power but they are going to release their own cbdcs which they have total control of. but they will sell this as safe and not illegal. the rest of the population that still has not been exposed to cryptos for that they really are will simply accept cbdcs as crypto.
they will add taxes.
more like crypto will be seen as an even more undesirable asset by governments since it can be and has funded the military armament of a country with or without sanctions since the transactions can’t be restricted by them
the weaker ones will surely understand this, but the rich nations will see this as a threat
exactly and thats the problem which is why i think financial sanctions are useless against russia since what stops the wealthy russians from using crypto to avoid financial hardship wallets can be anonymous.
... why would they do that? literally any currency would serve the same purpose here. i'm guessing what ukraine immediately did with the cryptocurrency, was sell it for actual money to purchase their supplies. there was no benefit to this that a government would care about or cause it to push for mainstream adoption. the fact they cannot control it is, kind of the obvious reason they wouldn't push for it. why would you rely on a currency you cannot control? hell, one of the companies listed in the article exists just to convert crypto to usd for ukraine to actually spend. > . considering companies that have made donations, one of them is aid for ukraine, a fund aiming to convert crypto into u.s. dollars to spend in ukraine, with the help of u.s.-based exchange ftx. the fund’s crypto will be converted into dollars for deposit into ukraine’s central bank.
no, they just recognize that a “currency” whose value is unpredictable because 99% of its trades are for speculative trading is actually not a useful currency.
y'all could have just donated real money and it would have been just as effective (please do not bite me tech bros i just saw the post on popular)
i just want more people to understand it and accept it, the bank and governments will eventually have to go fuck themselves. crypto for the masses! 🤘
i'd be interested to know if the arms dealers accepted crypto.
they might be one of the only ones that are worth getting and keeping and holding value. i'll try getting them if they are affordable
you mean the one's that they promised to airdrop to everyone who donated?
where will those be listed tho?
there's no usefulness for war medals still they are an essential thing in any war, that is why we need those ukrainian sponsered nfts.
i guess people can spend their crypto however they want, but personally i wouldn't want my donation to buy weapons to cause even more misery. medical supplies, food, water, clothes, evacuation etc. i can support.
big boom boom juice and detonators to go please.
how many gorillas can you buy with btc
yeah, , ammo, and camouflage suits. after that, you just need some kind of portable anti-tank weapons and some explosives to deny enemies of any supplies you cannot take with you and you're good to go.
yup, javelins are . bayraktar tb-2 drones -2 million.
right, looks like ukrainian people are not going to give up in any circumstances and this will continue for long.
alright buddy. it clearly says in the statement the coin raises awareness. not everyone included is directly going to donate, if someone is making money and then it auto donates part of it then you’ve just generated funds where they weren’t going to come from originally. but yes use that peanut brain of yours to ctrl+v “scammer” & “rug pull” on every new coin 😂
god bless you and all the other brave ukrainian people and the brave people fighting alongside you. you have my support! 🇺🇦
are you seriously looking at that comment and thinking it is thiscussing geopolitics
oddly enough, tracking the transaction is by far the easiest part. the hard part is determining your cost basis in fiat.
i mean i do not believe they "lost it." it went exactly where it was intended. there's a reason neither party votes against raising the defense budget every year...
lmao, holy shit alright, that is *more* than fair of a point.
yeah, it ought to be looking like the basra road in 1991 by now. maybe we can raise enough crypto to buy an a-10.
bitcoins is useless lol
banks certainly would not admit that.
always has been 😎
those weapons will stay there after russia leaves and criminals will have access to them (they already have access, as they were promised freedom if they fought the russians). also, we must not forget the donbass issue, ukraine has been fighting them for years and the fight will continue for sure but with more and better weapons. i feel sorry for ukrainian people but this war is only the beginning. so no, there are not good or bad guys there.
i do not see why that should be the point, that is the same for any currency, i'm sure usd has been used to fund lots of tyrannical regimes. the fact that i can i choose where to donate my money, and do so directly without middle hands and from anywhere in the world (whether i am in usa, africa or even in russia), that is the fact that is worth celebrating.
> how is what russia is doing with crypto bad ... because they are invading fucking ukraine? are you seriously asking this?
you can look here: outgoing here: mostly to kuna.io which looks to be an ukrainian exchange.
looking at their donation address, it seems like they have been transferring the crypto to their countries exchange.
or middle man, they could have cashed out, that’s the beauty of the blockchain you can verify what they did with
more like they used a middleman. most businesses do not accept crypto, they just work with a transfer company that takes crypto and pays out dollars.
yeah i'll gladly put a reminder on that :-) remindme! one week
but enough about russia.
not a very good military strategy. in ukraine, russia army carpet bombs kharkiv every night for the last week. a city of 1.4 million people. my friends there sit in the basements while the ground shudders and the ukrainian army attempts to stop the russian forces from coming in to the city. in mariupol residents now without food or heating and the elderly and sick start to get in critical condition. the russian granted a ceasefire to allow civilian evacuation but when they gathered at the muster point the area was shelled. this is a tactic russian army has used in many other wars to attempt to weaken the morale of the defending troops.
yea just look at india. 30% tax on all crypto transactions with plans to launch the digital rupee(india's currency)
you mean something similar like a fiat, but they just deploy it on a public ledger?
"their own version" would not be useful for foreign transactions though.
and a majority of them still don’t comprehend crypto
that's a valid point there, that is why governments in bigger countries have been careful with promoting crypto.
i think the opposite. the value of ruble$"credibility challenged" currencies would benefit from btc reserves that cannot be censored, or taken away through invasion (saddam's gold) usd would increase in value if us government said it was adding (paper credits?) to the (fake?) gold reserves in ft. knox, and would increase more if a chain verifiable btc reserve were invested in instead. btc is accounting credibility on top of other sovereign benefits. long term, especially if central banks are adopting and adopting early, btc value will go up. which makes the autidatable reserves support even more paper money for the countries.
the us seems to love stablecoins, because they help prop up the dollar as a reserve currency.
well the one saving grace is that if the lawmakers are holding crypto, they’ll push adoption and acceptance to line their own pockets. i feel like this was secretly built in by satoshi to basically self fulfill
what? how could any currency serve the same purpose here? crypto is completely permissionless and allows anyone to send any amount any time and without stupid things like having the fee be a percentage of the transfer and not being sent over the weekend
seriously, the government of ukraine probably took a loss when converting to actual usable currency to buy the supplies. unless raytheon or some bother arms company is accepting btc or eth now, it would have been more effective to just donate normal money.
it's possible that they got the gear via using crypto as a mode of payment, considering they will be having less usd in stock.
probably it will be available on all the chains, so definitely will be available on all major platforms.
hopefully they still have all the fuel supply and gasoline to run their countries vehicles and electricity.
enought for an army of gorilla
but who is selling them all the stuff, are they importing it?
that's like 250 javelins too.
> oddly enough, tracking the transaction is by far the easiest part. i beg to differ, especially when you have multiple wallets and multiple chains.
bitcoin is useless when compared to any blockchain that can actually execute smart contracts. the best thing you can do with btc is wrap it so you can actually use it in defi on other blockchains. just because it has first mover's advantage, doesnt mean that it is best or that it will remain on top. bitcoin is basically the aol of blockchains.
the are one of the criminals masterminds who lander more money than all the fingers combined pointing at crypto
why is that considered a bad thing? do you know the reasons as to why they are doing these things? were we the bad guys when we invaded iraq?
the beauty of crypto, being able to tell where the money is going
i mean unless you know wallet addresses a send would show the same a as a sell? right? in either case the crypto leaves the original wallet, end of story.
and that is how a public ledger helps, we do not need to only have private coins like monero.
not much a fan of cdbcs, too much info for the govt
governments are going to have too much control over crypto
sir, pls do the needful and buy electric rupee!
good thing defi let’s us spend borrowed funds that allow us to delay short term capital gains tax then, huh?
nz is 39% tax, it is horrible... government has nothing to do woth it yet take almost half, how is anyone ever supposed to get a head in life.
forgive my ignorance, but why would they need to make a new currency? why now just integrate blockchain technology into the current one. people would never know.
40% tax here in nz as it’s tied to your income level
it would be pretty great. until the government wanted something from you
i'd be happy for a proper cbdc from the uk gov if it was tax exempt until cashing out or something like that
was just about to ask what cbcd meant so thanks
if the government really has a good will, this technology could work wonders. but i do not think they do have any good will in mind while they create this.
corporate statism quickly leads to fascism. what could go wrong ?
they’re worst case scenario. with a cbdc, not only can they print money, they can destroy it too. they’ll have unlimited control of the money supply, and direct knowledge of every single transaction everyone makes. it’s a government’s wet dream, and privacy’s worst nightmare.
shows you the strength of the crypto community. what a powerful way of showing support.
i am still struggling to understand crypto
but it looks like the banks are open to explore the options of crypto currency...
> what? how could any currency serve the same purpose here? ... by sending them money. > without stupid things like having the fee be a percentage of the transfer ... does not crypto... literally... cost a transaction fee... for transfers? because it costs people energy? *which* is why banks have fees? > and not being sent over the weekend bruh, this is not 1972, you can send people money or transfer it over the weekend. usually, on a website, without any interaction with a human being. hell, you realize the crypto wallets you're donating to is not *immediately* being used by ukraine, right? like lmao, i do not think you realize they literally **sell the crypto for usd**, to then buy stuff. you're literally just adding extra steps for them.
look, i'm not talking about defi. nobody knows what the fuck to do with defi for taxes. i used reaper finance and i just quit
ehhhhh, that’s about an a-10
bitcoin has smart contacts. not turing complete, but there is no reason it needs to be. it's currency. it's a really good one with lightning network.
this fucking sub, man.
i think the other guy answered all your questions. please keep your propaganda on the inside while on this ride, have a good day.
knowing that it goes to an exchange does not tell much on the spending though
it literally tells you nothing (in this case) except the fact that it was converted to a conventional currency xd , from that point on they might have done anything with it
it's not theoretical. their public address is known: transfers out are here: primarily to kuna.io a ukrainian exchange. so they are likely converting to cash.
the end? that’s now how the blockchain works.
it is against what satoshi envisioned. but i guess that is the price you pay for mainstream adoption.
well if digital currencies can be on ramped. bitcoins economy can grow enough to the point where, if needed, we can sustain ourselves on transacting in btc and eth. the answer to this problem is finding a trustless crypto situation, because if these past 10 years have taught me anything it’s that the people in power will usually not make policy decisions to protect the rights of the people. it seems like they are protecting us on the surface, but are rights are being eroded away because our generations (in a lot of western world) never had to fight for those rights
"but i have nothing to hide"
yeah, it costs a flat fee depending on the current utilisation of the network. not a percentage no matter the size. try and send 6 figures with your bank and you'll understand how ridiculous it is. send 6 figures in crypto and it will cost you single digit dollars 99% of the time. the usefulness of crypto is completely incomparable to archaic fiat.
can confirm, looked into defi, did not do it because of taxes. i’m not gonna have my cpa look over 700 transactions a day for 0.07 usd at . looking forward to some saner guidance from the irs.
hey, just doing what i can. i'd be useless in battle but i can help pay for stuff they need!
lmao, holy shit right? "what, this is bad? what about x!" "yeah that is bad too" pikachuface
cheers so yah we know the addresses which gives us more information but no guarantee or movement.
as long as the government does not ban all other cryptos. cbdcs will just be another stable coin. you'll be able to avoid using it hopefully
cbdcs have nothing to do satoshi's vision. they're just a centralized digital ledger. without decentralization and permissionless wallet creation, it might as well be a wellsfargo account on the blockchain.
nearly all crypto are against what satoshi envisioned. pre mine, boards of directors, centralized, mutable.
a cbdc will definitely be lot better than fiat if people get to know how the money is being spent.
> try and send 6 figures with your bank and you'll understand how ridiculous it is i'm sorry, i do not have 6 fuckin figures to transfer around my bank as a test. i do know i can send 25k with my bank and it costs me . your personal bank account is also not the same as the charity's bank account. and even if there is a larger fee, how exactly does that make the currency unusuable? it literally works the exact same way, and it functions perfectly fine. that just would mean crypto would be cheaper, and without specific banks and methods used here, you have no way to confirm that.
haha, yeah. iirc tho a-10s are dirt cheap when it comes to military aircraft.
i’ll make a pledge that i’m never using a cbdc or usdt
that’s a very big if
yeah, the primary goal of satoshi was to create trustless, non-state money which was fully peer-to-peer. cbdcs is antithetical and is not at all going to legitimize crypto. instead it will be used as a tool to suppress use of crypto.
cbdc -are- fiat. fiat with some draconian measures that can be put in place such as how you are allowed to spend your money. fuck that shit.
where did i ever say that fiat was unusable? i'm not wasting anymore time with ignorant idiocy.
unfortunately, they do not operate well on their own - they need fighter cover = air superiority.
are you joking or do you not know what they are?
> how could any currency serve the same purpose here? lmao "how could any other currency do the same thing" "what i did not say other currencies weren't usable" yeah, idiocy is correct
nice...i use fiat to buy drugs all the time...
[90% us dollars have traceable amounts of cocaine.]( at least with bitcoin you cannot grind them up and snort them.
tldr: australian financial institutions laundered , according to a new report. in australia, the cash was layered through various bank accounts before the trade-based money laundering phase kicked off. the report reveals that every year between 2014 and 2017, over . once in australia, the money was used to purchase electronic items such as laptops, gaming consoles, smart devices, digital cameras and other electronic gadgets. these high-end electronic items were then shipped abroad for sale with the intention of integrating the proceeds into the financial system as legitimate money.
cash is way more untraceable than crypto lol all these laundering fuds are silly
so did the banks launder this money, or did the drug cartels use the banks to launder the money. very sensational headline, but in the end, this happens every day and probably almost every bank despite thorough kyc processes and ama regulations.
fiat will always be the best way of enaging in criminal activites. most wallets can be tracked by the government if they need to, as bitcoin all transactions are public, traceable and permanently stored. the argument for abolishing crypto due to criminals using it has always shocked me as being so stupid. criminals cant hide behind crypto as they can with cash
the shits! when i called them and asked them to launder money for me, it was "illegal"
i can’t believe it was a nice round number
when did tracking criminals become a required feature for a currency? it serves as a clue for police, but it does not have to. it is like banning solid ground because it does not provide footprint.
wait so you’re telling me i could have been laundering my money in fiat this whole time??
that’s a lot of sherbet 😳
it’s nice to know that government is doing there job. stifle innovation saying terrorist and drug cartels use crypto assets when reality they are using fiat to do it. good job aml.
buying drugs should be legal anyways🤷‍♂️
damn. we are so little.
sweeet!! hopefully that drug money finds its way into btc for another sweet pump above 40k
i don’t have enough money to launder, either in fiat or crypto (untraceable, monero for example). being a peasant sucks
i thought crypto was for criminal purposes, not fiat. strange.
how come this is in the news yet none of the following happened: - froze the cartel accounts - seized the money - audit the banks - fine the banks - sanctions against australia for money laundering terrorist drug funding - arrests of individuals depositing and withdrawing from that account - revoke the business license of the bank which undermined global economy and security for illegal profits - investigate and audit all staff of the bank for bribes and other unreported income - no new anti-laundering laws or legislation were written up or passed - all bonuses paid out during the era which the laundering occurred should be forfeit or otherwise owed to the government and many more things that did not happen and that this will continue for another hundred years
and this reiterates the point. no matter what form money takes this has happened throughout history and will continue to happen regardless. like all tools, they can be used for good or bad. i can hammer in a nail or i can bash you over the head with it. the hammer is not the problem and never has been.
yeah banks here in australia are dogey as hell
players gunna play, crooks gunna crook. it am not crypto's fault.
yeah. overdraft fees keep the lights on but this stuff pays the real bills.
outback is the new ozark.
the crown casino also
>according to the australia border force (abf), nine unidentified australian financial institutions were *unknowingly* involved in the money-laundering web. i believe this. i work for a big 4 australian bank and i've done some programming for our money laundering detection systems and believe me (or not) but our bank is actually *trying* to stop it. however, as soon as we created a rule we'd find people would learn the rule and adapt their transactions to bypass detection. so we added a rule to block them circumventing it and then they started adapting to that rule also. i have not worked on it for a decade or so but i imagine the same cat and mouse game is continuing to this day. it is a like an any game - your opponent adapts and finds new ways to exploit your weaknesses.
are there actually people out there who now believe that terrorism and organized crime did not exist before bitcoin was invented? i would like to meet them and study their brains.
fuck the system. i defaulted on my student loans and have been putting my monthly payments into cryptos instead.
with this kind of activity banks will never be widely adopted.
tldr; australian financial institutions laundered , according to a new report. in australia, the cash was layered through various bank accounts before the trade-based money laundering phase kicked off. the report reveals that every year between 2014 and 2017, over . once in australia, the money was used to purchase electronic items such as laptops, gaming consoles, smart devices, digital cameras and other electronic gadgets. these high-end electronic items were then shipped abroad for sale with the intention of integrating the proceeds into the financial system as legitimate money.
banks are always involved is stuff like this
"what are these rookie numbers?" - deutsche bank
and you think cryptocurrencies prevent money laundring?
time to get rid of banks boys they clearly are used by too many criminals. shut em down.
danske bank the largest bank of denmark laundered €200.000.000.000 (that is eur200billion) take that australia!!! (but i bet they know each other) [danske bank scandal wiki]( edit: the following: the only thing that has really come out of the scandal is, that the us state and a federal retirement thrift investment board has filed a lawsuit against db because, wait for it, the stock had a drop after the scandal came out; and their investments became less profitable. case was denied in the us. but besides that no one has really been held accountable. instead some ceo’s have been thismissed with golden handshakes. only a year before the laundering became public known: the case of [sanjay shah]( there is a documentary called something like “the men who robbed europe”. some of the stories of the top bankers involved are horrific. a godlike self perception with nothing but thisgust against the 99.99% of the rest of us.
as an australian, sounds about right.
research has shown crypto is used very little for criminal activities
fiat is best for drugs and laundering as untraceable . crypto is too dangerous for crime because of the trail it leaves behind , that’s why the tru criminals (large institutions) still fight against crypto
keep it classy australia... not surprising. american government does this all the time by "losing" weapons they are tracking with the cartel.
well i am absolutely flabbergasted ladies an gentlemen. a bank? laundering money for cartels? unheard of!
the anti crypto push is because banks do not want competition and to lose their power. defi is going to destroy those who do not adopt it in the coming years.
it always bothers me when people talk about how people launder money through bitcoin like it never happens via fiat
the entire “crypto is used by criminals,” loses its context when all criminals love usd more than anything.
well...i hope the cartel just lost 50% of their investment aswell. bastards!
cartels laundering cartel assets
marty fucking byrde, that son of a bitch
well firstly its australia so duh secondly our banks are so huge, commonwealth has over 1 trillion in assets, for a population of 26 million
all of them deserve to die
i definitely believe that most or at least 90% of all the drug deal and crime shits are still using fiat to conduct
as an australian, i can say this story does not get on mainstream media here much if ever.
i do not think you understand how money laundering works...
damn right. the banks are trying to fight crypto with propaganda. it will not work as crypto will kill the boomer financial market eventually.
the difference between banks and crypto is that banks stop a large part of suspicious activities but obviously some will slip through the cracks whereas crypto openly supports illegal payments. huge difference that hodlers do not want to know about because crypto is lining their own pockets. something of a paradox really. hodlers have become everything they have hated about the traditional system.
truth is that crypto will be adapted into the criminal world in this same scale if we do not have our eyes peeled and contruct mecanisms to avoid it, though probably not in the same way, criminals will adapt to any new paradigm and acomodate to it.
banks used bitcoin to laundered ,000,000 for latin american drug cartel ' i fixed the title
banks do not give a fuck about crime and war, they just finance the most rotten shit in this world and profit from it.
anybody who thinks that crypto isnt heavily being used to launder money for criminal organizations is a fool. its just harder to track when its crypto compared to regular currency.
i think articles like this are propaganda for mass-surveillance, by implying that banks should be able to determine who is a criminal, and what money is of criminal origins, and stop those people and those funds, respectively, from utilizing their services. anti-money laundering laws themselves carry with them that premise, which is both false, and is a rationalization for instituting a mass-surveillance system over all private financial interactions, which is a total affront to all principles of a free society. the fact is, banks will never be able to stop criminals, who have not been convicted of any crime, from being able to move their money through them. money, insofar as it is useful, does not carry with it a history of its origins, and no viable financial system can prevent illegitimately generated revenue from entering it, when there is no proof of a crime, or least proof sufficient for the criminal justice system to get a conviction. this idea that the state might fail in preventing drug cartels from producing, shipping and thistributing , but can then prevent these same cartels from moving the hundreds of millions of dollars in cash they receive from those drug sales, is absurd. moving drugs is far harder to do undetected than moving money, so if the state fails at the former, then it will definitely fail at the latter. if you want to stop crime, then arrest people for the actual crime, at the point where the illicit revenue is generated, and when they are engaged in an activity that is much easier to detect. don't create 'add-on' crimes like money laundering, that have zero chance of stopping powerful criminal organizations, while giving the state an excuse to subject the law-abiding majority to intrusive and warrantless surveillance.
why does this say “not bitcoin”? isn’t bitcoin used all over the dark market for malicious goods? i’m not a hater as i myself am investing in bitcoin but this is kinda whack.
this article has absolutely nothing to do with crypto. op is just moonfarming
proud aussie moment. someone's got to keep the boys in business.
(not bitcoin) added by a child
and they got caught so they will use bitcoin next time
i mean let us be honest it happens with btc and crypto in general alot too
i asked my drug dealer if he would accept crypto, he accepts cash only. hmmm i wonder why that is
this means nothing. let me know how this relates proportionally to bitcoin and then we can actually say if this is a lot or not. banks laundering 387 million actually seems like fucking nothing tbh. do you guys even understand how fucking absolutely massive the banking industry is? fed dollar moves quadrillions in one year, same with chip, and swift… laundering a few million… like okay. big deal. so yeah, you’re going to have to use a proportion and compare it to bitcoin because absolute numbers mean nothing.
funny because bitcoin isnt even used to buy drugs anymore, we have monero to thank for that.
why does that feel like only 1month of sales.
yep and i just saw a netflix documentary about how cartels are using real gold to launder their money. it was really sad because it is mined illegally from peru, endangering people and clearing their forests.
the "report" from afr itself says "between 2014 and 2017 more than , including south-east asia and the middle east". so why they keep the south america cartel thing?
yet the media still sees crypto as only being used by criminals...
media will blame it on dopecoin lmao
bitcoins is the way
now garther the info about the money laundered in the usa with usd
duh. how are they supposed to wash the money. lol
i'm sure they have read this, because the us gov is full of hip, technologically adapt leaders who listen to evidenced-based arguments, and are not in the pockets of big banks.
banks are fucking scum and the rich people who run them do not give a fuck about any of us at all. at all.
yeah but then our government had a royal commission and put down some really harsh rules like no money laundering allowed. they also got big fines and stuff. i mean not as much as they made from laundering and scams, but they probably already spent that so its not fair to chase them up for everything. oh and they got caught making millions off charging people fees for financial advice without actually giving them financial advice. also charging dead people's accounts for financial advice ("haha cheers cunts, bet that was some good advice"). oh but they have definitely learnt their lesson. i mean a ceo resigned! all good now. also our government has already wound back the laws because the banks are not making anough profits. so now they are allowed to do just a little bit of money laundering again. just for old times sake.
but but but... narrative
back in my day i never bought anything illegal unless i did it with cash. shhhhh do not tell the governments this tough, they think all crime uses crypto only.
nice to see australian banks are the same as all the other banks
just wait till they start saying lsis is laundering money in bitcoin and other cryptos. they'll try their hardest to delegitimize the crypto movement in order to maintain the petro dollar. the same dollar that lsis and drug dealers actually use right now. endless fud from these news agencies and politicians against crypto.
shut them ducking down! death to all banks!!!
thing is this is one of the laundering that the public got to know. banks have always doing this shit and worse
apparently not well enough.
duh... that a huge money maker for them.
how does bitcoin have anything to do with this story? click bait central.
well of course they did. this is why banks need to die.
crypto takeover very possible
rookie numbers, gotta get those numbers up!
if cocaine where not illegal, the article would not exist... heroine would be the headline.
> unknowingly involved lol
banks also bought politicians so nothing happened to them.
shout out to my bitch deutsche bank!
so you're saying the banks are the criminals since i do believe drug cartels make legit money by producing a product people want?
the thing that i don’t understand is why people try to use that argument against bitcoin when it is literally a public ledger...
387 million? pathetic. my boi tether and usdc print that in half a day.
hsbc did the same thing decades ago
i guess we must ban banks, i do not see any other alternative right?
thats awesome but i still need some moons. am i in the right spot?
"hey amigo. got any satoshi bags?"
this is barely a dent in the total amount of fiat used to commit crimes. but crypto will still be seen as the bad guy...
and yet even these banks still would not do business with tether.
but crypto is big bad dark spider web moni :(
what a stupid ass headline. yeah the banks owner are clearly working for the cartels and this bank is just a front...
always banks. never forget. always. been doing it forever. they are lying sacks of shit.
and as an aussie, all our mandatory retirement savings are propping up the banks because it is a major portion of the fund investment...
banks do this? slap on the wrist in terms of the fine they have to pay. some 19 year old kid depositing crypto into an exchange then gets an automated account closure because: _the institution has noticed unusual activity possibly illegal in nature in your account and have sought immediate closure as per our agreement_ cunts
>according to the australia border force (abf), nine unidentified australian financial institutions were unknowingly involved in the money-laundering web that's practically all of them.
i guess it’s not a fiat car right
i wish my drug dealer accepted crypto!
bank did a oepsie
anz is one of the biggest seller to those cartel! fun fact few years back they actually told the ato or australian tax office that i did not declare my interest on my progress saver... (around 2000 dollars) i totally forgot to be honest... pretty hypocrite from anz after laundering billions for the cartel do not you think. my crypto portillo is full today my bank account are closed tho
my roommates dealer once accepted a ps4 controller for an eighth and by the end of the month the dude had no controllers, no ps4, and a copy of final fantasy he hadn’t even gotten to play yet but was determined week after week he’d buy a controller back eventually to play it 🤣
isn't the point of crypto that it is anonymous and by definition does not need to be laundered?
nice. i'm sure all the bank ceo's will get fat bonuses for their hard work.
you can do that with bitcoin too.
nice - good to see my drugs are drilling making their way to me.
tip of the iceberg. seriously, p sure deutche bank laundered >
the cia called and they want their years profit back
im not gonna talk about conspiracy but since we talking about the cartels and the banks what about rothschild and the banks? thats why i got a little hope that maybe crypto is the thing that can free us from that system
can't wait to watch movies when they need to transfer bitcoin to buy some drugs.
seems to be a trend. i remember wells fargo getting some heat a bit back in mexico when it came out that they were storing money for the cartels.
bitcoin solves this! no more pesky bills to touch
nooooo, it is the crypto thats bad!! how can we continue spying on poor people (compared to the 1%) if they dont use our highly surveillanced banking system?!?
it’s quite hilarious when they blame bitcoin for facilitating money laundry or ilegal activities when fiat is still the number 1 method they use.
drugs, sir. all the time sir.
my connection accepts beef can goods clothing anything lol
finally some good fcking news
america isn’t going to take this flex on us very lightly. better hope halliburton doesn’t find oil.
never have i heard my plug ask for crypto
wtf?!? i suppose we should not be surprised at all. old school financial institutions have always loved dirty money.
americans believe that cartels are a south of the border problem. nope, they are an international problem. a lot of parts of mexico are cartel controlled. especially the nice tourist areas.
banks should be banned
pecunia no olet “money doesn’t stink”
kettles and pots 'n all that. ' so what i'm interested to know is how they got away with it for so long, particularly who was in charge of the obviously systemic levels of oppression which had to have occurred for this to go under the radar for however long they have been doing it.
i spent more than that on silk road.
hsbc be like: lol that is it?
weird, i only ever use fiat to buy drugs...
no wayyyy a bank would never do that lol
another reason to mine fiat baby
my... my... my... how have the turn tables.
of course they did
considering how corrupt and greedy most banks are, this is probably easier than dealing with bitcoin. really no reason to use crypto for money laundering when many banks do not really care.
this is the fud you were looking
this has madrigal electromotive written all over this.
a very clean transaction tho
“…unknowingly…” because banks never knowingly engage in shady activities
which cartel and are they taking applicants?
thought people only use crypto to buy drugs...
crown casino in perth and melbourne are also thisgusting
chump change. bet you the fine would not even be 40 million less than 10%
whatever you do, do not look up the hsbc na laundering scam!
banks be having powder hands
lmao, they made millions off us americans...
fiat is the enemy.
it's that damn marty bryde!
my dealer only deals in fiat
this happens all the time, hsbc got in trouble a while ago. anything to do with money will be used by the big corruption elites but media only report what they are told to... i try not to enter too much into the conspiracy world but this is becoming more more true
people just realizing this now...
any references to which banks?!
but of course - money is more popular.
can you believe banks want to be relevant?
i mean in all fairness. bitcoin probably would have laundered much much more had it been worth as much as it is now when criminals were using it most.
cba paid a fine double that for money laundering a few years ago no shock,
laundering money is the act of entering money from outside of the banking system, into circulation. every time you pull cash from the atm, you take it out. hence, every deposit you make is (technically) money laundering. of course, legislators pit a line to report large deposits, who, if there is no good reason, are suspected as money laundering.
what did you think was going to happen?
banks are good at doing this
yes but, the right people made a profit off of it.
why would the bank blow the whistle on all that extra chedda?
why’s there a picture from my gamer cave
i got a paper cut on a dollar bill once. fuck fiat ' edit: i would also like to highlight how the absolute blunder that is the war on drugs played a complicit role in the propitious underground world that has been created. the same policy makers who have control over fiat. fuck centralization
instructions unclear... so my mistake was buying crypto instead of drugs?
in other news... i have never seen someone buy drugs on a street corner with crypto... cmon... we all know the gas fees are too high.
unknowingly involved... sure, jan
and yet when i tried opening an account to day trade they stipulated not for bitcoin because it would be locked down within 24 hours.
nice can only imagine how much crypto did.
that's why centralized banking is so great. the regulatory bodies can stumble across this sort of illicit activity years after the fact and, after a half-hearted investigation, determine that no individual committed any criminal wrongdoing and either fine the bank something insignificant compared to their profits or accept their assurances that they will be more careful next time.
what a suprise, it’s almost like the rules and accountability they scream about don’t matter
where will the crypto market go today green
swethish bank laundered 20b. got away with saying “we were naive”.
and the only reason we know this is because we had a very narrow investigation into banks...that the current conservative government voted down 23 times and said it was, un-needed. the banks were also found to have processed transactions for kiddy cam-porn.
stick that on a fcking bus!!
fucking banks are the real criminals
amd no one goes to jail???
you should look into how much money the vatican laundered for the nazi’s.
lmfao the fact that you gotta put (not bitcoin) and then there’s the whole thing that you’re acting as if this is a celebration for the crypto community. this has been happening in the physical money banking system for years and hears and it has been happening in the crypto space as well and it will continue that way, because it is decentralized.
shit the fud kicks in, i am selling all my fiat for crypto.
here's a good starting point, hardly "unidentified"... [ *cba has admitted to breaking laws designed to stop money laundering and terrorism financing, including its failure to refer more than 53,000 reports of deposits of ,000 or more to australia’s financial intelligence agency, austrac.*
imagine how much went through crown casino over the years
hsbc mexico \*cough\* \*cough\*
wait is not drugs always bought using cryptocurrencies??
probably used a lot less carbon, too.
good stuff. way to go banks! - - - - nb. the above was attemptive sarcasm
fiat is so thisgusting.
thanks for sharing ! not surprised by that and as banks own the medias i also understand why they are spreading the fake news that crypto is for illegal transaction. we also need to put in perspective that central banks want to release their own digital currency... wtf, why would normal and educated people get weak digital currency???? bitcoin is hope 🙏
the story will go on forever. blaming the new to keep doing dirty stuff with the old tools.
spoiler alert 🚨 check out my recent post 💎
>banks (not bitcoin) in australia laundered ,000,000 for latin american drug cartel yesterday?!
remember when the taliban used their cia coins to buy weapons for their terrorist acts?
latin americans in australia, damn
all these terrorist and their crypto... anyone remember what they found pallets of in saddams palaces? mother fucking pallets of bitcoins!!!!! ' oh wait, it was greenbacks? straight cold hard cash homies...? no shit? you mean crypto is on a blockchain and almost 1000 percent traicable except for a few coins? wonder why they mention that in the demonization of crypto by the mainstream media tends to overlook that when backing their masters at the private federal reserve bank...
it seems like sec needs to step in and regulate fiat market.
we all know this happens and we still trust our banks and financial system to be there for us. i am not saying crypto will save us all but to have an option next to the default system is good.
that's it? just 387 million and no one went to prison right? must be nice to get away with your bonus.
i always use fiat to buy drugs...at the local pharmacy...for my
and the us government wants me to report any transfers of crypto over 10k to the irs? tax this dick, fed🅱️oi
i know bitcoin has alot of benefits. but what is one huge bad thing about bitcoin (just curious)?
wrong! banks are all trustworthy and do nothing wrong. ;-s when banks think of cryptocurrency the only thing they hear is threat.
how funny, a danish bank did something simular for some russians a while ago - now i have to tell my bank how much cash i expect to deposit within a year every time i want to change anything.
and what happened than...? this is nice and all, but if nome is caught, it will happen again
funny thing in sweden, our biggest bank that almost yearly have to pay fines for laundering money tried to block payment for crypto as they suspect it as "fraud" & "money laundering"
they said you use crypto to buy drugs. what if buying crypto using drugs?
shows where all of the money laundering fud is coming from with crypto... the banks. they know they will be redundant when crypto is mainstream. slow down adoption by sponsoring politicians to fud bitcoin (just need to look at any single politician's donor list to confirm this is true).
you can subpeona and fine a bank you cannot do the same for wallet 5374737626
i've used crypto for buying dodgy stuff once. i use fiat to buy dodgy stuff daily. banks laundering massive sums for drug cartels is not new, but they get to take a cut, so pretend it does not happen...
so, i’m a layperson looking at the comments here, and i don’t understand the premise here. the fact that money from bad people was pushed through the banking system is a good proponent for crypto? what’s to stop them from doing it with crypto? if it’s easily traceable, what’s to stop a bad actor (looking at you civil forfeiture) from taking an innocent person’s crypto? also, some of the bad people (banks, bad companies, etc) have legitimate businesses now from their earnings and hold crypto from that bad money. i’m totally down with crypto being a good alternative currency tool, but some part of me is concerned if it’s easily traceable that the bad guys could lose their stuff in seconds, what’s to stop a bad guy from making me lose it in seconds?
meh. that's like , small beer.
wait you can buy drugs with fiat?
daaaamn australia, even your banks are scary!
yeah people are def not using bitcoin for criminal activity lol.
yeah because i can buy a joint for l... what does a bitcoin cost?
somebody’s gotta do it
this is why monero is a thing
let’s not act like crypto isn’t being used for different reasons
ohhhhh and i thought bitcoin was for illegal activities. guess i can just go to the bank for my cartel business ventures
smh, bet the governor gonna start using headlines like this to try to regulate or get rid of entire thing. bye bye bitcoin thanks for the idea tho
i believe hsbc have been doing this service for the cartels for years. not news.
and this kids is why drugs still are not legal. 1% wana profit from the dirty laundry ;)
never trust a bank to do anything but act in it is own best interest. ever. these and similar acts are never isolated, they are never "mistakes".
funny thing is every time the banks get caught with their hands in the cookie jar, the average person trying to do fair trading and make a few extra dollars honestly, gets punished for it when they ban crypto transactions into their bank. the poor guy gets screwed all the way around. it's time to get rid of banks and go digital currency all the way. open up free trade for everyone. i have no problem paying taxes on my gains. if i need to put my paper dollars somewhere, i can bury them in my backyard.
eric holders fbi (not trump) in america armed latin american drug cartels with guns that could bring down a helicopter. holder claimed it was to "track" the cartels maybe the australia and their banks were just doing the same. trying to "track "
if matt gaetz paid that girl in bitcoin, we are all screwed
big banks look after only one entity- themselves and their profitability!
reminds me of the good ol silkroad days in college when i was first introduced to crypto
this is how it is.
bitcoin isnt even that useful now for drugs dealers etc. i mean it is but not as much as it used to be
stupid mf, somebody should've told them about bitcoin 🤣🤣🤣🤣
i thought this was old news, is not this the reason for the royal banking commission? i do not think much came from that though... just a fine...
please let lagarde know and understand this...
same, not a very good argument against crypto considering, historically, drug consumers have been using fiat for their purchases.
i mostly use fiat but when the times get rough i convert some of my eth to meth
so you're telling me there is still a use case for fiat?
we need a buy-drug only crypto. copyright claimed the idea right here 24.
but i thought you could only buy drugs with crypto!
nah dude. dealers only take doge and shib now.
so did the politicians that the banks bought.
is fiat a car? what is fiat?
bank, i am thisappoint
i've bought drugs in a fiat. only tylenol though.
stop spreading fud on fiat ser!!
it does not fit the narrative tho
haha, this guy knows the deal
you still remember dream(i miss dream), empire, dark, etc; usps mailman was the best sight of the week. many require monero now as its untraceable
fiat and even e-transfer of fiat from bank
pablo scobar did not take credit cards on columbia
i doubt they accept venmo or paypal.
i'm aware of the darknet and that people buy drugs with bitcoin there, but i've never actually met a person that bought drugs with crypto... never met a dealer that accepts crypto. seems tricky as well... with blockchain analysis and knowing a few addresses like exchange addresses, darknet payment accounts and potential wallet addresses of suspects i reckon it is not that hard to spot dealers on the blockchain
we need to change that! 🤣
me too, but i’m in canada and it’s legal here so meh... actually what am i saying i use a credit card so i can get points on my drug purchases lol
dude, same. what are the odds.
best comment bro, so true
some people trade ... services for goods
you have some recommendations with number and name, bro?
what can i get for my fiat punto? 160k on the clock but has 11 months mot.
my guys still does not take crypto
guns too actually, from the store around the corner.
it's true: dealers like cash
not yet. give it time.
this is not because those are actually used for snorting cocaine thought. i think it’s because of machines
i’m australian; banks here are slapped with fines quite frequently, there was a royal commission into misconduct where heads rolled but little changed. this is not surprising in the least.
yup. and the government hates it. this is why they are making cash less and less relevant as time goes by, by imposing limits on how much you can legally spend in a transaction. of course, it is to stop the "bad guys" from using their drug money... *of course.*
pretty much, the closest crypto equivalent is xmr. currently pretty low mix in but with the triptych algorithm possibly being implemented then the mix in could get to 64+ other addresses before increasing transaction size. that is quite a big jump in anonymity for no storage increase.
they’re not silly, they’re making someone money. anything and everything in the media is to manipulate you .
this is a sort of misleading statement because bitcoin and other crypto cannot be used to actually trace you like that. the problem arises when you link your address to your physical identity. this can happen if you're say an idiot who posts his address on his facebook or more commonly, when you actually try to deposit, especially without mixing your coins. with cash transactions, your identity is far more exposed even without withdrawing. transactions are not stored on a ledger of course, but you're trading cash far more riskily than crypto. if you do a transaction with cash, you have to physically meet someone or mail cash to a physical address where you have to collect the cash. that is hella risky, especially if the other guy is a snitch. if you trust the other guy, you can use tons of of different technologies: cash, private blockchains, etc. but there is a reason why people like drug dealers used btc. far safer than shit like paypal.
well, you've got dash and monero, they win the untraceable game.
yup and when deutsch bank launders money you'll never hear the news media say it was laundered using usds.
yeah and cryptocurrency gets all the shit for being laundering machines when the biggest laundering happens under their nose at the banks only
*hsbc has entered the chat*
banks laundered it. all banks know. they simply fill out a form marking the llc and still go through with transaction and then cartels just make a new llc and start all over again. all the banks gotta do is fill a form saying look we r doin r "due dilligence" now up to ya'll to enforce...but yeah nothing happens.
a perfect moon farm headline. op must be a journalist
do you know what the 'panama papers' are?
australian financial institutions laundered , according to a new report. in australia, the cash was layered through various bank accounts before the trade-based money laundering phase kicked off. the report reveals that every year between 2014 and 2017, over . once in australia, the money was used to purchase electronic items such as laptops, gaming consoles, smart devices, digital cameras and other electronic gadgets. these high-end electronic items were then shipped abroad for sale with the intention of integrating the proceeds into the financial system as legitimate money.
im a pleb and the bank ask me all my financial reports, from where i get the money, and a long etc etc paperwork... all that for less than 1k usd per month, i cannot imagine that the banks dont know where drug cartel money comes from.
australia has symbolic anti money laundering rules. it’s not comparable to the eu or us.
hsbc launders money for the cartels... they have been fined for it multiple times
monero has entered the chat
yeah, it makes me wonder if the general public is confusing the word crypto with crypt and just assuming nefarious things. that does give me an idea, can we change our titles to be necryptomancers?
of course, fiat is what you use to buy anything. even if bitcoin was used for laundering fiat would still be part of it. what are y'all on, holy shit
crypto noob here. wasn't bitcoin how people were buying drugs online? why would they do that if bitcoin transactions are public?
i bet even monero can be easily tracked. anything online should be trivial
shoulda called an australian bank 🇦🇺🏦🦘
no i think you’re supposed to put the fiat in the washing machine to launder it
agree, alcohol is still the worst drug.
tbh where crypto as a currency provides most benefit is in criminal transactions. its not very beneficial to use crypto when purchasing a regular good. it is however extremely beneficial when using crypto for illegal stuff. just look at the huge deep web market places surrounding drugs , these could not function without crypto.
almost all the crime involving money that ever happened on the face of the earth was made with fiat. disgusting
fiat is a criminal purpose
how do you default on your student loans? don’t they follow you forever?
i like that about you 🧡
no shit, otherwise it wouldn't be money laundering.
those god damn dollarydoo’s 🙄
lmao banks only have some ? that’s the most delusional thing i’ve ever heard
not entirely true, when there is a large enough social movement they thistance themselves (or obfuscate it). australia had its 'ethical banking' movement not long ago. this argument may be true for numerous banks, but the money laundering here and historically was due to lack of oversight not intent. the royal commission into banking and austrac fined cba .
the point being made here is that the cumulative percentage of shady activity in bitcoin is nothing compared to the percentage of illicit use of the dollar. at least that is how i took it
woah woah woah, this article was published by a crypto website which highlights that crypto is not the only thing used to launder money, you would have known if you read the whole article. not everything is about moons man
who says they ever stopped 🤷🏻‍♂️😂
that's 387 mil, fyi
mine actually does... 😅
they own crypto bro
because you hold your crypto. look up what a wallet is and how it works and you’ll understand why it’s so secure.
a joint would be about .000005 around me i think?
i totally agree. in a related example, when the panama papers came out newspapers weren't talking about how all the money was being held in usd.
don’t remember the last gangster rap song i’ve heard that’s about stackin’ bitcoin.
did you know anyone who's ever used fiat will die? can't believe they have swept that under the rug
i also except headphones, food, tablets, blankets, really anything i want that someone is willing to trade for.
they use fiat to snort it as well hah
i guess it depends on the argument aspect. because the usd is much more useful off grid, whereas with crypto there is some form of tracking, even if anonymous there are trails.
if anything, this still goes to show why crypto has a long way to go before it gets accepted as 'currency'. xp
and that drugs are far less of an issue to society than corrupt governments
also way way to late for this, they don’t use bitcoin for that anymore. xmr
oddly enough, if being referenced as a defense for crypto currency, the mountains of cocaine are not the point of the story. which is, just opposite of reality really. generally stories, any other use case, with a mountain of cocaine in them tend to be very "mountain of cocaine"-centric.
i still hear from morons about how crypto is bad because that’s how drugs are bought. i’m sorry shirley, but i’m not trying to buy weed with stellar.
fiat has a longer history. give it time
i believe both banks and drugs are around a bit longer than crypto... sometimes i really wonder if i should also just post random shit about banks to farm upvotes. seems too easy
not true, i always pay my dealer through paypal if i cannot find my check book
uhh yeah historically but if you know anything about the new wave of online drug dealers, post silk road and dark web, they’re blatantly on twitter and instagram and a majority of them specifically request crypto for payment
as well as extortion, kidnappers, blackmailers... it is actually less traceable then crypto.
jesse! we need to mine
is megaethereum(meth) already listed on binance? i heard it makes you go to the moon 🚀 🚀 🚀
giving it to people on the street and kids for taking the trash out that one time in their life
i thought that was the usd.
there's already cannacoin for that
you're living a year behind m8
i thought you could only buy crypto with drugs
i’d like to buy prescriptions at least with it. maybe cvs accepts doge?
i use it lose money
here's an over-explanation: fiat is the third person singular, present tense, conditional form of the latin linking verb sum, esse, fui, futurus; the verb in the indicative is usually translated as "to be", however in the conditional, it is most usually translated as "let there be", as in the famous passage from the book of genesis: "fiat lux." "let there be light." when talking about currency, fiat is nothing more than a government saying "let there be money", which is backed, not by anything of value, but only by the "good faith" of the government. basically, its value is what governments, corporations, and the wealthy believe it to be. that's why crypto is a threat: if enough people think it is worth more than a fiat currency, that fiat currency loses value. that's already happening in places like valenzuela: or throughout africa (from last year):
thanks dude, this far down and the comments i was too afraid to ask
different account every movement? i seriously do not know i just know i've heard that before
y’all just wait till my cokecoin hits the market
struct bitcoin { int data; }; int main() { bitcoin _coin; snort(grind(_coin,btc::grind_fine)); return 0; }
a lot changed actually i work for one of them, as a software engineer and can tell you with very high confidence that there’s a lot of work to prevent this kind of stuff and the commission is (was) taken very seriously even new hires are forced to undergo training to identity any kind of laundering or misconduct and we’ve spent a lot of time and money building systems to make sure it doesn’t happen more often and on a side note the banks are also pretty positive towards crypto and have been looking into how they can operate in a crypto world and deliver blockchain solutions to their customers that aren’t willing (or know how) to buy through something like binance this sub is **obsessed** with the narrative that all banks are the enemy and it’s sad.
lol the royal commission was done to shut people up. the lnp was dragged into it kicking and screaming and scotty from marketing said straight up they won’t do anything about it. was just waste of tax payer money
> this is why they are making cash less and less relevant as time goes by, by imposing limits on how much you can legally spend in a transaction this is why we need paper versions of our favorite crypto currencies
you can spend however much physical cash you want in a transaction, the business who's selling to you just needs to report it if it is over a certain amount and i can confirm that it does help catch criminals.
they don’t limit how much cash you can spend, where did you get that from?
so risky it’s worked quite fine for many many years
because crypto is not widely adopted. if it were then money laundering via crypto would go through the roof.
what happened with hsbc??
yeah australia is also a haven for russian money too. i’m aussie and australia is corrupt as f*ck
wtff guys i always- always post tldr but nobody bothers to read them, also the title are auto generated, australian financial institutions laundered , according to a new report. in australia, the cash was layered through various bank accounts before the trade-based money laundering phase kicked off. the report reveals that every year between 2014 and 2017, over . once in australia, the money was used to purchase electronic items such as laptops, gaming consoles, smart devices, digital cameras and other electronic gadgets. these high-end electronic items were then shipped abroad for sale with the intention of integrating the proceeds into the financial system as legitimate money.
uniswap + privacy coins (like monero) = obfuscated enough that noone is gonna come knocking.
damn, you lost your bet. monero cannot be tracked, but onramps can be quite easily. this means it is still unsuitable for big criminal organisations. useful for small scale privacy (healthcare, sex stuff, drug purchases, anything you wouldn't want your mom).
i like gain soap. it works really well getting drug residues off of your fiat after a hard day of trafficking and the pleasant smell gives you a good feeling about the crimes you committed.
not like that, put your washing machine in the back of your fiat uno
they do. this is stupid, do not do it.
if you feel so strongly about this, where is your evidence? i know for a fact banks have huge aml. if banks do not they get huge fines from regulators. so like it or not there is a system in place to ensure black market activity is managed, but as always you would not catch 100%. crypto has nothing like this in place. or are you happy to crypto provides zero to no barriers for human trafficking's and terrorism funding?
that's because fiat is used by more people. the article clearly states that it had to be layered through multiple bank accounts to be sufficiently sneaky. bitcoin would need just 1 address. people using fiat to buy drugs is not an argument. one is clearly far more dangerous than the other. one reason people love crypto is because of the privacy, let us not pretend that part of the technology is suddenly trash compared to fiat now... that is just ridiculous.
i thought hsbc was no more?
annnd i deleted my stupid ass post.
been trying to get my clients to pay me in crypto 🙄
maybe rothschild is satoshi? 😬😂 btw ye prob that too
of course not. that might not look too good for the bank cartel running our country here in america.
doesn’t mean they ain’t hodling
i don’t generally expect gansta rap to be very intelligent anyways. so i’m not really surprised.
>lol. that is funny.
you didn’t listen to the dj khaled - nas & jay z song? that just dropped…
i got some pokemon cards if you’re interested.
i was about to say that people will trade anything for drugs, items of value, cash, gold, crypto, whatever gets the job done.
wow, they’re like ten years behind schedule with fud
banks bad, drugs good.
there was already a meth token made a month or so ago, can’t remember what it stood for. i think just meth.
is there any other use for it?
they also trade for crypto tho ! , mine only accepts fiat no other exchange, and price starts at 2dollar.00015cents right lmao ' \*f it, ill accept gold, silver, jewelry, anything expensive thats not on a blockchain! \*
that's what dealers do. it's all an elaborate crypto mining scheme.
sure, but the north german broadcast did a research project on tracing money laundering funds from known darknet addresses to binance accounts changes to montero etc... not as anonymous as people think they are...
imma fork it and create cockring
i work for a bank in aussie too, can confirm.
yeah, but you can open a bank account and run hundreds of thousand of dollars through it just by showing a teller something that looks like id. and if you look respectable, they’ll open an account for your wife without ever meeting her or seeing her id.
it’s not the banks but the banking heavy economy in australia that is the problem. the whole economy rotates around banking and real estate. you can tell the real state of an economy when the biggest money makers and biggest companies on asx are in the business of lending money. big companies need to be manufacturing, innovation etc for the economy to sustain over long term. banks are generally pretty good here and easy to deal with. i never had a bad experience with a bank. they mostly look after their customers. but i hate it that they are this big in austalia as compared to most other industries.
these restrictions are nothing new. in fact, multiple governments around the world have imposed such restrictions.
they laundered money for cartels, narco-terrorists, actual terrorists, rogue states, arms traffickers, hezbollah, etc. they are the go to bank for crime lords and dictatorships world wide who are attempting to skirt government sanctions. there's a docuseries on netflix called "dirty money" hsbc is highlighted in the first season... i believe it is the 4th or 5th episode. it's actually all very interesting and worth a watch.
bigger question is what has not happened with hsbc. the deutch bank is also worse.
probably all the vegemite, a bitter sludge that almost certainly erodes the frontal lobe.
what part of aus are you in i don’t even think i’ve met a russian here
lol the people who control all the wealth i. the world, how would they not control crypto ? use common sense: who do you think are the whales who manipulated the entire market.
ok but i am saying percentage and you are saying cumulative total. those are different things no? edit: i suppose that the article you he is on both
still here in canada
it is a smooth transaction. they sent the wallet. i sent the coin. they drop the goods. my dealer got me into crypto. and now look at me! broke and on drugs!
i mean with this whole push of cashless society and tracing contacts it aligns well
"bank cartel." that's the best description i think i've ever heard.
>of course not. that might not look too good for the bank cartel ~~running~~ ruining our country here in america. this works too...
well you clearly haven’t heard much of it. i don’t generally expect you to be very intelligent, and yet here you are with your hot takes and valuable insight.
actually the one i do not want are trading cards. unless they are nft's. edit: pogs are still cool correct?
tide. fucking tide. specifically watched a tv crime reality tv special of something once. one of the busts they went undercover and busted a guys fucking storage unit counterfeit tide, um... operation? lab? read on cracked.com later that it was a thing. . ...wonder what those exchange rates are like? and trade pairs? "sir, how many drugs will one tide get me?"
i get it, but here we are in a cryptocurrency reddit hearing all kinds of stuff about the level of anonymity. i'm sure there is levels of "informed" in the underbelly as well. i mean if you just swapped out your total crypto of the exact amount of some major criminal transaction that was recently busted to an exchange, then straight to cash, seems like it could trigger red flags you know. out of context or, something.
not gonna lie, you guys are probably wayyy too low on the corporate ladder to be able to be on the inside of large scale laundering. your boss's boss's boss is probably the one turning a blind eye, but to protect not only their bank and reputation they have to give the impression that they are fighting it and making changes, when in reality they are the crooks. banks fucking suck, down with centralized fiances.
doesn't work like that in australia, you simply cannot open a bank account on behalf of someone else. with certain banks even if you open up a joint bank account, authority is needed from the secondary account holder before it is able to be used
yeah, soo good they scammed retirees, soo good we had to make responsible lending laws, which they are lobbying the government to drop. yeah they aren’t scumbags at all...
my us bias is showing here. i wasn’t really considering italy, i admit. stand corrected.
i could not have said it better if i tried.
i watched a 60 minutes or four corners. i can’t remember which one but it was a news program on the russian money and influence in australia.
sir, this is a wendy's
what you consider "common sense" is nothing but stories that you folks tell each other to sleep better at night while you line your pockets with an "asset" that facilitates child trafficing, terrorism funding while also emitting as much green house gasses as most countries. it's no coincidence i provided some strong points above, and you chose to completely ignore all of them and start yapping about the "whales". pretty standard hodler tactic, smoke and mirrors.
i do not see how you could even calculate the percentage without having all the facts.
i mean, what else do you call someone that charges a fee when someone has no money in their account? estimated .
i also like banksters, bankers. hehe
what are you trying to say?
shhhhhhitttttt my binder if i could find it from when i was growing up is prolly worth easily and i mean easaaaaaasily half a million dollars. all my cards went right into sleeves and then the binder. and i had all of them. alllll of them. duplicates and duplicates. for the first 3 generations.
have accepted pogs as payment for drugs before, i regret nothing, it’s an inflation hedge
back before pokemon,pogs we had marbels!
only if they are alf pogs.
yeah bro. pogs will always be cool.
yes they fuckin are, do not let anyone tell you different!
one tide will get you two drugs, basic street maths, i mean i am guessing but a guess should be good enough if tide is involved.
how you add the gif here? just curious.
oh absolutely. and if i was not i definitely wouldn't be talking like that.
bro that’s every major company not just banks. that’s a flaw in capitalist system not backing industry specifically. every system has its cons and pros. being greedy is a big con for the capitalist system. saying that, being greedy is a flow in human nature
are you confused? i’m not even sure your point is. all finances are responsible for those things. what is even your point? you sound extremely lost.
a bank in uk – halifax – would charge me £30 every time i went into my overdraft. 1 pence over and i would get a £30 charge. then they’d send me a letter to tell me they’d charged me. the cost of that letter? a £35 admin fee. so i would go overdrawn by a quid and it’s cost me £65 plus interest. and every additional payment in my overdraft would result in another £65 charge. it cost me hundreds, but i was lucky i was in a job so it would be a month of pain then i might be able to get out of it. imagine being jobless and in the same boat.
why my credit is bad and i went without a bank account for years...
is it the banks fault you try to pull or spend more money than you have?
if you don’t have any money in the account you should probably close it tbh.
i remember when i lost my holo charizard, i in fact cried. also lost all my dbz gold cards, had every single one.
yeah...kind of like losing a a seed key. it's worth a lot if you can find it.
but were they first editions?
i had first generation charizard, venesaur, blastoise from like, 1998. they funded my brothers heroin habit. but hey ya know, i also could have got into etherium like 4 years ago when i said oh man i should really buy some etherium.
slammers were *the thing* to trade
i collect marbles too. and decks of cards. gone from like .50 to
so i've just started working on the tide barons back story in my head. i mean so far it just feels like scarface, but with tide.( in just the general self immolating inflated ego spiral of narcissistic fuckery. obviously you cannot get high on tide. silly ass)
it’s part of the premium membership to this subreddit:) if you see a gif you can actually reply to it with your own even without the membership.
it seems you were lost from the start. to recap for your benefit: my initial point was that crypto facilitates bad things openly and easily, which is different to the banking system that has governance processes in place to try and minimise criminal activity as much as possible (although they cannot 100%). they have a regulatory requirement to have aml. you then said something about whales which was completely irrelevant. and here we are. just to clarify, you did not address any of my points where i highlighted the obvious differences between banks and crypto handling of black market activity. turning a blind eye like the "crooks" that crypto is supposedly saving you from.
sounds like it’s time to burn down the banks. (for legal reasons i must say i do not mean this literally, this is a “parody” comment)
this is why banks do not like the common folk crypto trading. they want to keep you poor because they get rich on low credit scores, fees and interest.
also certain subscriptions have the ability to overdraft your account rather then have your card denied... fuckery.
back in 2011 i was in grade 12 and was paying off an expensive laptop. i paid every payment early for 2 years, but i was 2 days late with my last payment. they then charged me interest on the entire cost for being a day or 2 late. i think it was like . i was fucking livid.
i don’t know if it’s the same across the pond but here in the us credit unions are an alternative to banks and are infinitely better in my experience.
from the banks perspective, you just reached into their trousers without asking and took money. screw them and all, but perspective.
you're missing out on yearly returns of 0.0001%
having bad credit is one of the most costly things in general and it only effects poor people. good thing the system isn’t rigged.
wasn’t talking about me specifically, and i think overdraft fees are a little more complicated than just not having enough in your account at that specific time, especially for low-income individuals.
td bank has an over draft fee of .
what and then keep re opening and closing bank accounts for people who live off next to nothing every week? that definitely should not be the case they should be allowed to keep a bank account with no money in until they next have money available without charging a bloody fee.
keep 1 penny in it, costs them more to keep it open.
and who are those... ?
you’re deluded and what you’re saying is anti-semitic
literally the same exact thing. lost it during the bull market i bet 😂
worth their weight in gold
maybe they trade the tide to some grandma's, like the dude who traded a pen or something and ended up with a house or some crap.
hmm. interesting. i do not have the luxury for that now. but will try it out soon.
lmao you think the governance is minimising criminal activity’s? the government and banks the literally the biggest criminals on the planet. are you honestly this deluded?
the banks have been stopped from charging such insane amounts now, but many still max out their fees within the allowed limits. building societies might be like credit unions? but they’re not much better – their arranged overdraft aprs can be extortionate. credit cards generally offer better aprs, even for those with less than ideal credit scores, but they’re still all running a racket and they’ll financially kneecap you the first opportunity they’re given.
from the bank’s perspective, they were asked for money from a third party, and gave that money to them, knowing full well i didn’t have said money. they could very easily have refused the payment. but instead, they paid up, told me i owed them the overdraft, plus their fees. the banks knowingly and willingly advance this money – they aren’t having it snuck away from them...
my descendants in the year 3000 will be rolling in that 1% of what i've put in, let them do what they want with that free interest. if they are as savvy they will reinvest that 101% of the value with yearly returns of 0.000001% so that their descendants in year 4000 get absolutely savage 102.1% of initial value.
hold ! come do it now :)
thats lucky, a lot of european banks have negative interest
why isn’t that called an under draft
i remember when carolina first banks sold to td. i changed like the next week. and it even had the same employees.
those are maintenance fees, not overdraft fees.
explain to me how its the banks fault that someone doesnt know how to manage their own money.
most banks have a minimum amount, varies from bank to bank
that poor dude, still trying to convince the dump to let him dig for his old hard drive and his bitcoin. lol 😂
wait, what? r. step one: have pen step two: ??? step three: become a homeowner
can you provide some evidence that it is not the case? i can provide evidence that it is. you can have a look at the composition of all banks in 2021 and you'll find all of them have first (operations), second line (risk) and third line (internal audit) functions and its their sole purpose to monitor and pick up suspicious activities to regulators. in 2021 executives have responsibilities under the bear act (banking executive accountability regime) or equivalent that means executives can be held criminally responsible if they are negligent. regulators also fine banks if found negligence (look no further than australia where cba and wbc have received recent billion dollar fines due to historical negligence). this is actively being cracked down. so am i deluded? maybe, maybe not. but what i'm saying is that there is a real effort to stop money flowing to bad people. your argument does not even acknowledge that crypto has a problem. it seems that your argument is something along the lines of "bad banks are doing it too so it is okay". i'd say this is the general feeling amongst hodlers who pat themselves on their backs because they are "against the system" without realising they have become part of the problem: greed before everything.
but if they did not, the comment would have read "banks have so much money, but i went over by a single pence so they decided to embarrass me in front of all my friends by declining my card." still, screw them.
nope... inflation has taken care of that little problem right there. we (us dollar) loose over 1% on our money per month! yep, your employer would need to give you a + 1% monthly raise in order to keep up with inflation. or we could just move to a money that is an appreciating asset vs the opposite.
do you work for the bank or something? why are you defending their predatory behavior?
here in the uk pretty sure it is 1p
you use the thinking emoji but i don’t think you can.
you want evidence that banks and governments are corrupt and criminals? really? do you even know a thing about banking and the federal reserve and what goveeents do for profit? asking for evidence? what is honestly wrong with you?
if anyone wants to know how to go from 10k to 2k, hit me up 💯
i bought the dip, but the dip dipped.
you know some of the earlier people really did this. they buy and write down the phrase and forget and now they cant find their millions in btc because the seed phrase is barely readable or misplaced
just checked... (couldn't resist) the dip is dipper tonight. need a whiskey!
me who has 7 coingecko tabs open right now: may be i will do what you just said
this is the worst thing to do if you are invested in altcoins. even if the fundamentals are awesome there is always the danger of a swap happening that has a deadline. for example enigma (eng) was a coin in the top 50 which had a swap because of some legal issues and is now secret (scrt). they had a deadline of half a year for a swap. people lost thousands of dollars because they followed this stupid advice and never checked the news of their coins. if you are invested in any altcoins that are below top 10 of cmc, always check for updates once in a while or you could lose your complete investment.
where's the part where i have to yolo my life savings in a shitcoin??
just a theoretical question, if i send my crypto to a hot wallet (like an app), write down the seed phrase and delete the app, do i even need a cold storage wallet if i guard that piece of paper with everything i got? (lock it in a box or something) not asking on the best way, just askin if this is viable
this works untill one of your goins does a swap and you have to claim your new coins within a cartain time frame. i made this exact mistake holding enigma (eng), they swapped to secret (scrt) and i missed it and lost my money. don't be like me
once you're in for a few years, you get so used to the bear market that you start to enjoy it, because you know what happens when it ends.
not for nothing, my buddy, who i just got started in cryptos 3 months ago, turned . this bull market over the last few months has been insane. hes now lost some of his gains.
okay so yolo my life savings into shit coin and keep watching it 24
literally did this by accident a few years ago. i used to trade on robinhood a few years back. but decided to empty that account and delete the app. but upon “emptying” it, i accidentally left .07 cents of doge coin in the account. lol. i logged into that account like last week, because of an email i kept getting from robinhood suggesting i still had money in there. and to my surprise that . lol. beautiful.
i have heard that accounts of investors that have died have a better roi than those that are still alive. i thought that was bs, but apparently it is true. your strategy is quite a good one.
can i replace step 4 with: get a cryogenic sleep chamber and spend a couple of years frozen, because otherwise you'll never make it without anxiously checking the price every 5 minutes?
but i want lambo now >:(
yes. but you should still check coin related stuff for your coins once in a while. i've seen it at least four times that a coin switched from the eth network to a mainnet or changed blockchains and the window to convert the coins was closed after a while. i'm not sure you are still able to exchange old ven for vet for example. don't be the guy who posts on reddit about how their coins are worthless now and vechain is a scam. it's your investment and your responsibility.
i cant stop buying this digital crack
only a paper loss. anyone selling right now is a dummy. if you need the money that bad, you should’ve never bought in the first place.
i bought matic at .30 watched it climb to 2.89 and now its back down... the lambo needs to come back i had it in my hands and got greedy
instructions not clear : ended up gluing face to binance exchange
lol, a good way to hodl without stress. great strategy.
step 2.5: stake your coins in a safe wallet
my future wife: you said you were worth .2 million when you asked me to marry you... me: i do...forgot my seed phrase...
step 3 is where you go wrong. how can we buy the dips if we never look at the market?
the detailed version of "hodl" lol
and yet here you are posting on crypto reddit
need a whiskey for couple of years
oh look, a bear market, time to double down on my investment.
buying the dip yesterday : it couldn’t possibly dip lower, it’s already 50% off! today: ah, you whales wanna test the depths of my fat sack!?!? my balls are diamond, bring me more dip!!!
my whole portfolio went from 110% to -5% in 2 days. it's hilarious, like when the protagonist of a movie loses everything in the first act.
or simply put money in everything that coinlist launches if finding decent project seems complicated. at least one of them (if not them all) will most likely give you x10-100 over some years.
sorry buddy, it does not look to work unless you are capable put at least 6 figures. do not be silly thinking these coins will go up like early days, they would not. the best solution in my opinion is keep buying dca, never risk more you can afford to lose and never panic sell. the thing on buying a bunch and forgetting is very good for already millionaires.
step 6: set up recurring buys for every month during the bear market
too bad i lost the paper i wrote my creds on from 2013... hope some hacker at least stole those 18 btc i bought to use on silk road... 😱 ☠️
after this week, i have not been looking. i no longer care
going to tell you how i went 5k to 160k i bought enough coins at the bottoms in 2018 and sold a few weeks ago before the signs started to point to another crash. now wait until it all drops again and start accumulating ada, eth, neo etc
kinda ironic that the strategy you suggest, applied to this cycle so far, would take you from 2k to 15k and now back to 8k.
this is an experiment i would like to do.
this is a great way to turn my !
great tips, thanks for sharing
i app detox for 30 days not even looking at my wallet except you know coinbase telling me eth went down! should have turned off my notifications inside coinbase. but otherwise so peaceful. what dip?
step 1. have fiat. failed at step 1
a mate did this and he bought at the top of the last bubble, he was up . unfortunately didn’t sell near bubble top and will soon be back to break even. i think the key is to sell when all the alts% it’s time to call bubble and sell the bag of coins. but yeah this shit will bubble again and bigger than this time for sure.
i followed your steps. where lambo?
remember, the whale who triggered this dip owns an electric car startup. there's a chip shortage. the whale needs the crypto market to go bearish so he can keep building his cars. if you believe in crypto this is a good time to buy.
be careful. sometimes coins will do swaps into new coins with a limited time frame to swap over. if you do not swap within the time then you're left with nothing. happened with a coin called scrt around others. if you're buying btc or eth you'll be be fine though.
1. consolidating my funds. selling bullshit impulse buys i bought during bull run. putting that towards eth, matic, etc. 2. keep watching cryptocurrency news because i’m actually interested in the space and the market. it’s super interesting to watch this crash unfold after an insane bull run from 2020-may 2021. 3. add even more to my cost basis. put it all into core. fortify the fuck out of my core and take advantage of the opportunity to invest in big dick cryptos like eth under . - realizing loss isn’t always bad. - tax loss harvesting is a great concept to understand and take advantage of. basically liquidating everything in my portfolio besides my core (70% of my crypto portfolio) and moving that fresh liquid *into* that core by buying more eth, etc. this is an opportunity i never had. well technically i could have bought into eth, etc. *several* years ago, **but** i only started trading crypto at the beginning of this year. this is the first time i have ever been able to buy eth under ’m loving it. same goes for other big names. this is the lowest i have seen the market since i’ve started trading and it’s got me excited.
i am thinking to co-write a book with a name "the power of hodl"
except that when you get back in it is right when the new bear market is starting and you've just lost all your gains.
wow how insightful, it is so smart it loops right back around to being dumb again. you'd earn exponentially more actually caring about your money, buying low and selling high.
it's really not that hard, folks. pick a crypto you wwnt to buy and decide how much money you can part with for years. then buy, and do not sell until after you've hit your goal time frame. the only times you should be performing another transaction is after that 2 or 3 or 5 years have passed, or if you are going to buy more crypto. you would not get rich in a month. you can very likely get rich after some years have passed.
when it comes to crypto thats the only 100% working strategy. my old college classmate bought btc, eth, bnb for couple hundred each back in 2017 and put them on hot wallet on his phone. he wrote seedphrase with marker on wooden part under the wardrobe in his room. after a year he bough new phone. due to exams and alot of studying, failing exams and homeworks etc. he forgot about his crypto until beginning of 2021. i got recently into crypto and started talking about that when he suddenly remembered he had invested and started searching for his seed phrase, he finally remembered he wrote it under the wardrobe. he donwloaded wallet on his new phone and entered seedphrase. a magical six figures (xxx,xxx) number greeted him on the screen after restoring his wallet. i became depressed knowing i could ve been rich aswell had i listened to him.
instructions unclear. sent all my crytpo to nigerian price and posted my keys on facebook.
i did pretty much the same. i put in , but shortly after, the bubble burst. thought to myself, "ahhh fuck, lost my money". forgot about it. fast forward to 2021: saw all the big hoopla about the new bubble in crypto recently. ignored it for a while. hype intensified. decided to check. it was : bnb, eth. sold it all before the bubble burst again. profit. i'll wait until the market settles a bit and i'll buy again.
nice advice , but in today social media era this is difficult to manage
if this is truly the bear market i will dropping 500 bucks every two weeks in ada, eth, and link until the end of the year.
i dip you dip we dip
matic is going to make you so rich.
you double-dipping sumbitch. will you do my wife, too?
i might add, if you decide to sell... leave a piece. leave a coin, or .1 of a coin. leave something, forget about it. check back in ten years. im kicking myself for being so foolish selling all my bitcoin when i couldve just left one and it wouldve made no difference to my life back then, and huge difference now.
dropped 1g on crypto five years ago...forgot completely...looked this week on monday and i had 27k in my wallet...fughettaboutit works...lol
question:how do you make ? answer: start with
step 1: buy any crypto anytime a news article starts with "crypto is a fraudulent market!" step 2: sell anytime the news says, "x hedge funds!" rinse, repeat.* ^^^*not ^^^financial ^^^advice.
i did this, bought ada, nano and iota a couple years back. now i have no access to it :)
until you miss the peak because you weren't paying attention
lol, or learn self control, thiscipline, and set some goals. it’s crazy to me that this is considered good advice.
i'm tempted with link and dot right now
this was my exact strategy four years ago, worked out nicely. if price doesn’t pick back up i’ll forget about it all over again except from dca. the end game is riches, crypto isn’t a get rich quick scheme unless you happen to buy in on a massive bull wave
dot, matic and sol could all dump 98% and never recover. eth will be fine at least 😏
what would i do with all that free time?
my story is similar to yours. i went crazy in 2017 converting my btc and eth to some of the stupidest shit coins you could think of. then everything crashed, and i thought crypto was done. this is when btc was . once it started coming back up, i got over my fears and got back in. i made a rule to buy, hold, and never trade. if i want another coin, i add more fiat to get it. even with this dip i'm still 5x up from last year. this is the way.
this worked for the .05 btc i mined in 2012. unfortunately did not backup the seed phrase and copied over the hd. :( at least it wasn’t like 50 btc or something lol. edit: haha someone went through and downvoted every single comment in this thread, what a loser... or maybe someone is trying to make moons more valuable and has been doing it every thread, still would be a loser i guess.
you can be calm like me and deal with every dip, read passively the news and have your own belief. actually stress makes you actively look for the reason and you can tell bullshit from truth apart. did not sell since january 2018
so you're not really living by these rules as you're posting this i guess 🙃
oh, so that is the way you make money. i knew my strategy of buy high sell low had some kind of deffect
i cannot take people seriously when they talk about "fundamentals". and this is just saying "hodl", maybe you wooshed me.
pretty sure checking the prices every time i touch my phone is the only way.
instructions unclear. yolo'd all my life savings into safemoon
sounds like the best anti emotional selling strategy
what if there is a swap? they have become worthless then. you have to keep following the updates trough twitter or telegram.
i did this with nano in 2017. when will i break even?
hodl, it’s so easy an ape can do it
ok here’s how to win the lotto, just keep buying tickets. it worked for me one time!
having a long-term view is the key to profiting from cryptocurrencies. it's the same with all investments really. choose your investments carefully and then be patient. time is your ally.
it’s over now the banks are in on it and biden is in on it. welcome to the bear market where nobody wins
"hodl the magic encryption key" lol stfu
can approve. did that 8 years ago. worked well.
i will now buy my first crypto ever. spreading 1000€ over a few coins i like technology wise
yup, i will do that right now, just close your eyes and wish for the best, that is the real yolo!
i actually happen to thisagree if people would learn to take emotions out of their trading like traditional stock trading there wouldn't be a problem. instead of day, options, and leverage trading try out swing trading. actively get involved and look to better yourself through knowledge and determination. if you can learn to set aside emotions you will truly find happiness, ultimate success, and true wealth.
the 2021 summer sales event is in full swing!
this is not good advise actually it is bad advise. you are better off checking prices frequently as well as news. news is important so if the project is taking bad turn you leave or if something big coming up you can buy more. checking prices is important as well because most people will earn income weekly or monthly or so. they will not have all the money ever available to them when they make the initial purchase. so as you have more savings built and you get dips you dca. putting it away on wallet is good though. rest is stupid.
or just educate yourself and learn self control... telling people to blindly buy things without continually learning about them is stupid. if you buy into a project that you truly believe in, and you understand that holding is the only true way of investing, its beyond easy to sit here and just watch the markets go up and down with zero emotion. i am holding my portfolio for at least 10-15 years, im not going to just forget about it though... im constantly learning and researching about the company and people that im investing into. haven’t panic sold once, haven’t even thought about it...
how to make money with crypto: 1. take all the money you were going to throw into crypto and invest it in a fund that tracks the s&p500 instead 2. follow the rest of ops steps.
this guy gets it! suggest looking into celsius network if your plan is to hodl matic and eth, they pay 13.99% and 5.05% interest respectively for just having them in the wallet.
my strategy from 15 k to 2 k was great too
step 0: don't invest money that you need and cannot live without. because jesus, some people start "margin trading" on their own debts by investing money that they need for house loan, car loan or utility bills.
is there a better sub for actual crypt related thiscussions? every post here is now just about crypto trading and making money and not actually thiscussing crypto,
so your telling us to hodl? now i can get on board with that!
this is when the men are separated from the boys
here's all you need to know. buy the coin with the coolest name. wait. profit.
this sub just makes me feel more fucking broke and pathetic each post i read. step one, have two thousand dollars? yeah i'll just go fuck off then
im back! where the hell is bitconnect?
when you dip i dip we dip.
sorry for my noobness, i’m still new to crypto and learning. so i have a few different coins in my portfolio on coinbase, is step necessary? what is the purpose of sending them to a wallet, isn’t it already in one when using coinbase? thank you
which wallet do you use? i've been looking at ledger nano x, any thoughts?
this is bad advice, many people who hold through crashes like this end up losing a lot when they could have had an exit strategy, made profits, and bought more when it tanks. have an exit strategy people.
from 9k to 54k and now back to 24k gg
yeah boi, this is da way
how to go from up : a guide
is there a way to regularly buy more coins and have them sent to your wallet without the use of an exchange. i plan to buy some everyday day but i’ve become obsessed with looking at the binance app and watching the price rise and fall. if possible i’d like to automatically buy directly to my wallet rather than and on an exchange.
like other subs say: this is the way
you make money with crypto by... getting crypto, cuz you know, it’s money.
i’d suggest adding some btc too.
is it not better to stake those coins if you are not planning do to something with them?
plot twist: your mom threw away the papers
don't worry, i just sold my matic to try and buy back lower, it is going up any second now. lmao 🤣🤣
im trying to make a lot of money quickly sooooo...
refreshing! just lost a year salary doing exactly this so cheers buddy 🦄
i bought the dip 3 times on doge but it still kept dipping. pulled out everything i had and while i’m still up overall, i am thisappointed in myself for having greedy behavior.
be sure to have a "go bag" ready if the us government declares crypto and tries to restrict purchasing or selling using crypto. god, i hope janet yellen pulls her head out of her ass and lets crypto be.
but then i cannot compound my gains on my polygon and eth farms bro.
i just keep hopping jobs instead
this is how you make money with crypto: do not listen to reddit.
i make decent living and can invest 200k at the moment. but i can afford not to make the 200k become a million, but i can’t afford to make them 20k. so i stay away from crypto. it wouldn’t hurt to put a couple grands in, but what’s the point?
please can someone can explain me the second step.
crypto account: *is up by several thousand dollars* me: hodl and wait til you're a millionaire crypto account: *dives to a deep loss* me: hodl and wait til you're a millionaire
i always set a goal in my brain for the dip and when it hits that i spend %50 of my budget on that and if it dips again i can either buy the dip again or go have fun. i usually choose to go have fun but today i bought again cause i’m comfortable with the money i’m putting in. my goal from the very beginning was to hold for a couple of years anyway so all the price fluctuations don’t really bother me.
the dip is never the dip bro
finally, geesh. it's so refreshing to see a single post with some actual useful advice. random people of the internet, just follow these steps please. turn a blind eye to "trade and make a couple percent per day" and "xxx coin to the moon" and other hype bs. buy. hold. the end.
or learn how to control your emotion. start learning about other new projects and invest in them. learn about defi and different strategies. you will make way more.
time in the market > timing the market.
buy the dip, hodl, and delete the app.
got my 1% of a bitcoin. see you in 50 years.
also don’t buy at the peak of a bull run?💸
\> unsubscribe from all crypto forums \> post about it on a crypto forum immediately
if you're reading these posts, you are probably looking for something you cannot find on this sub. this is not strategy - this is luck. you need a target and reason to invest, risk to reward ratio, stop loss, etc. do you ever wonder why these guys are bleeding over 50 percent of their portfolio? because they think uneducated luck trumps safe investments.
a fool and his money are soon parted?
i have a problem with step 3. how are we supposed to mine moons if we do not read and posts here? must farm moons if nothing else to do.
i had 600k dogecoins, 3k chainlink during ico and almost 10k bnb during ico. sold everything during 2017 downturn, could have easily become millionaire. so yeah, take this guy's advice
if everyone holds, the market cannot grow?
i keep telling these folks. only way you lose is by selling before wealthy. there have to be dips otherwise everyone on earth would own the same item. you hold until your ticket lands
tl;dr: buy high sell low
at least a man on the sub!
you can day trade or invest… i believe far too many mix the two and it doesn’t lead to a positive outcome for most that are inexperienced. the strategy op posted really is a solid strategy for most average joes and one that would likely make 99% of people far more profit than they would make otherwise.
alot of words for hodl!
youre sposed to keep buying tho. no wonder you didnt make shit
no way i'm leaving this sub. *bye everyone*
remember guys, whole market consist of people who only buy to sell it later. there is no other use for crypto other than hoping it will go up while you are holding coins. that is why for this to happen you need to get more people to buy it so you can sell to them at higher price. just like amway. go and tell all your family and friends to buy bitcoin!!!
honestly this is god-tier advice.
this was me after 2017. just getting back into it now
cool. get off this sub then.
you need to pay attention to your investments to some degree. at the very least on a monthly. especially if it is crypto, given it is volatility. if you want to toss money into a toilet then take a huge shit on top of it and set fire to it, that is your perogative. but is is not exaclty sound financial advice. you have to be able to pay attention and detach yourself from emotional trading. it's hard to hit a price point on your investment when it is forgotten in a hardware wallet somewhere. not to mention we have to tell all you assholes how to access your shit after countless wallet updates and interface changes when you come back after 2 years. good luck out there.
lol imagine these projects fail or you miss the aths and you basically put in money for nothing
yeah but from time to time you might want to update the wallets firmware.
lol good luck crypto is done for
you are an idiot! you will lose alll your money
coincidentally this is also the best way to make money with any investment. statistically, the best investors are those that never even look at their portfolio.
psa: we are offering a complimentary login retrieval service. just pm us with your login seedphrase wallet address etc. and forget about it do two years. keep in mind this service is 100% free to use!
best way to make money without crypto but requires a lot of dirty work:
finally someone making smart picks instead of picking ada and other hype coins.
most underrated advice. fu** them rising wedges rsi indicators fettuccine extensions 😂
but you dca in those coins every month right ?
this cannot be good for anyone! sounds like a huge gamble.
i'm tempted to do this, just to try this thing out without all the stress. is it worth putting in just 400 dollar and not any more, or will that probably give no noticable gains? of course no way to know for sure.
holding in mars it will be easier.
just gonna buy, and focus my thoughts on the aircraft carrier i always dreamed of
instructions unclear, used my life saving in chihuahua coin
you have to pull out your wallet periodically to update the system. they simply are not made to put away for years at a time.
let’s all take a moment to reflect on what you’re doing here... you buy a thing. put it in a closet for years. then expect to earn money from your closet object? pure gambling
this is terrible advice. this idea that crypto is intrinsically valuable and will continue to grow in value indefinitely is a naive mistake. don't be fooled.
this is terrible advice. just consistently buy (dollar cost average) over time and do not sell for years. buying once and letting it sit is not all that great. it's not hard to stay on top of what you are *invested* in without panic selling and losing a bunch of money.
this is dangerous and terrible advice. reddit is not a place to get investment advice. few will hit the jackpot but almost everyone will lose.
do you think this would work on women?
i think you can make more money and faster with new token! they will get better roi if you go with new ones. i'm tring now with a new token and hope it will get good
what a bad advice.
i wish it would be worth it to get a wallet but since my investments are currently to small if you compare what i buy and pay for gas in transactions i am better of at a exchange until i grow my wealth enough, but yeah that is the best way to go if you believe in your coins and you do not wanna stress about crypto. just gotta make sure you do never ever lose that seed phrase.
buy the dip and hodl a portfolio of a few good projects is the mantra, right?
but what if i could have made more when trading around?
does this actually work to an extent?
the most important requirement of this strategy is that you need to have a life!
thoughts on day trading?
i would suggest continuing to dca.
this is indeed good advice "this is not financial advice"
check every six months
message unclear: buying high and selling low to continue
the only “safe” alts are eth and ltc honestly
just keeping the app to see the dip. once it reaches 1 year low, i will straight away buy and then follow your procedure
i just buy and buy and buy. seems to work! 🤙
but that means i cannot come here to pathetically
yeah i decided to do essentially this when the dip started. no point getting excited now, but i'm not selling either
all you have to do is just not trade. it's really not that hard. just dca every week, then hold for 5-10 years or more. humble yourself and realize you're not smarter than the market, because no one is. it's that simple really.
this dipp dippt now thrue my brain and yes somehow i am alive but i feel dead
i plan on doing this. once my eth limit buys get filled.
this is the fucking the way
too many dips spoil the party!
or you can just keep on following the news and resist any unrational temptations at the same time. it works in the stock market and it works in the crypto as well.
i totally agree with your strategy. i am not a day trader. like the investments in stocks, make sure you do spend your extra money on crypto and do not have to withdraw the money shortly.
forgets about crypto for 2 years, comes back to find out i had to swap my erc20 tokens for main net tokens and now they are worthless.
if you only followed step 3, this post would not exist because you would not be here. ☺
i would agree with this strategy so long as it’s bitcoin.
problem is i make a purchase on every sunday so i cannot delete my crypto apps
install crypto pro or blockfolio and set some relevant price alerts, then bury the app in a hidden folder somewhere. that way you’ll get a heads up if you get rich but you aren’t actively tracking your balance every five minutes. just don’t input your actual holdings.
i put my hand upon your hip. when i dip, you dip, we dip. ![gif](giphye294f0ycccoim)
**you, sir, deserve an award. here's one for you.** this is exactly my thought. i stopped watching the news after i invested in crypto for the very first time two days ago. bought a couple of coins after research. i do not care if they are worth zero in the future, but if it is worth something awesome? i'll donate 25% of them. take 25% for me as a gift. rest, i'll probably never sell.
would you amend step 5 to: wait a few years until you hear people talking about crypto despite being outside the bubble. that’s probably a good sign we are approaching an ath and you can take some profits.
that’s the truth. i had bought 6k of ethlend back in 2017. last weekend, converted them to aave. nice score i had. it’s still a profit even right now but just not as much.
so you telling me holding is the best strategy? mind blown
or just sell all your coins at high, wait 1-2 days for a bigger dip and buy. it was not even risky this week, you can make a lot more coins from air. i have a feel that everything will go down even more tomorrow, because i had a feel yesterday again that ada will go from 1.5 to 1.3 or 1.2 at night and its happened, but it was risky and im not sold.
the other way of telling hodl
did i read that someone was espousing selling hair to buy this stuff?! what about plasma! ffs, let me tell you ppl, back in 1979 there were lines longer than the gas shortage lines of ppl at the dentist offices waiting to have their gold teeth pulled because gold prices went to the moon.
people keep forgetting that they only lose only when they sell.
5. after a couple of years realise the project rebraded and the deadline for swapping your token has passed 2 years ago
instructions not clear sold everything
i've tried this and i can tell you it does not work (bought dash)
that what i do before only regret is i didn’t buy more
thanks for the tip
why not place your coins for staking for additional bonus?
sold at 19k during the 2017 run. my goal was to not sell the top this cycle. missing accomplished! lol
your choice of coin might be controversial but the best thing about the approach is that it is easy and follows value investment over speculation. you see some value in the coin and have a long term commitment. nothing wrong in that. this is the case way
yeah, i track mine in a spreadsheet, the last column is "if i did nothing" and is always well ahead of my actual.
same strategy here in theory but in practice i cannot get my eyes off the charts and crypto-related subs 🙈
a piece of paper? the only shit i own that’s safe from a house fire is what’s stored online. i’d probably stick the seed phrase in an old school essay and e-mail it to myself or something. i also use the strategy of blindly holding for long periods of time because i’ve learned through pulling out of btc that i’d sooner lose money then spend my life calculating how rich i could have been. but not completely blindly and nothing physically reliant either. i have so many old friends from 2013 4chan days who locked themselves out of several whole bitcoins.
the only thing that gives me money at the moment and even with that dip, more than 1 salary of my country is farming. everything on red... still... farms with usd pegged tokens do not care.
step 6: yolo everything at the currently most shilled shitcoin
for me i would have needed to do that when i was younger, i've definitely matured and will keep investing regularly which is automatically dca ing, but my wife did what you are saying back last run and she is doing fine, my wife does not work so , she has no money to invest even though we share everything, it is my job to take care of this.
so i’m confused on how this even works
literally what happened with my btc when i opened my coinbase account. i was young and i refused to buy a btc at 100$, no money at that age and i was farming them in the various faucet online. i had .50, i stopped farming them and after 6 years, in january, i had almost 100$. i converted some in eth and other coins, and they are there, sleeping.
so you shouldn’t keep buying if we have a bear market? you should just wait until the bull returns and then start buying coins at a higher price?
how will i buy more if i delete the app?
bitconnect hodlers be like huh?
if you are an alt lover you cannot ignore that everything is tied to bitcoin. my personal feeling is that the bull season is over. 3k to 65k is not a small bull run. i love alts but it’s not smart to ride out a bear season in alts. either usdc or btc. there are plenty of projects that have completely tanked since 2018. there is no reason why some of the big gainers of 2021 can go the same way.
that's great, except you left out algorand.
this is the way. i cannot keep watching this shit tank. i was up so much until now. this is fuuuuuuccccckkkkkkkeedddd
the best story's start someone who just remembered he invested in crypto years ago!
you mean i never get to feed my confirmation bias and feel nice ? *fuck you *
this is a terrible plan ... and i would look into dero, arrr, and xmr
i had this feeling about bad news coming around just before the crash... even in the morning when the china fud was there and when it dipped not that hard, i told myself i needed to sell to fiat and buy it all back in when the bottom as reached. true story. the only thing was, selling is not what my plan was when i invested in my coins so my hands are made from fucking diamonds, so i just could not sell one single coin. i'm down big, still profits because i'm here in for the long road. i could have bought back in big, but it was hard clicking on the mouse with diamond fingers. i just refuse to sell, even when it is started to be a bloodbath but it wouldn't help the project. in the end, holding is the way.
it’s funny how simple things are. yet here we are again, crying over dips...
i do the opposite. i scalp coins all day, earning profit and more coins!
totally agree with op.
ada gang rise up
i needed this. thank you!
why should we delete trading apps?
i just started doing that but man i can’t stop watching red candlesticks
i think the best thing you can do is decide on a trading strategy and stick to it. if you need to thisconnect completely from your investments in order to prevent emotional trading then crypto probably is not the investment for you. it's far too volatile even on it is good days. come up with a strategy and automate as much of it as you can. personally i try to not look at my portfolio, rather use a app to keep an eye on prices. i have no plans to sell anytime soon. so what is the point at looking at my portfolio? red day? i'm holding. green day? i'm holding. looking at your portfolio on red days just causes unneeded stress when ultimately it does not change the game plan. if i'm doing anything outside of what's automated it is buying and i do not need to see how much i'm down to do that. i'd set up a recurring buy. at an amount that you would not miss or really even notice it coming out. i'll set up like 'll set up % below current price. if they get triggered i set up new limit orders at a further 20%. if they do not get triggered, once a month i'll adjust the price of the limit order to once again reflect a 20% drop. even without the limit orders. 'd be adding ,300. i think most people could do this amount and just consider it spent. considering, after bitcoin hit 20k in 2017 it took 3 years to reach that again. you're talking about adding ,900 to that investment, basically doubling it for a pretty minimal monthly cost. if you did that with bitcoin from 2017-2020 your average would probably be less than 10k, your investment would be around 6k and you'd have close 24k currently. in arguably the least risky coin.
i think too many people look at the btc, i sell the spikes and buy the dips regardless of my btc. average price is meaningless what matters is how many btc you have not the btc. sell high regardless of the average and buy the dip picking up more and more btc, it will eventually get back up to 60k btc...thank me later.
bad strategy... what do i have to do with my life if i cant look at the charts every minute of the day?
fuck... i invested for the first time in my life and next day market crashed... what the fuck... fucking fuck it... shit fuck... faaaaaaaaaaaaaaaaaaaaaaack...!
i know a magic method to make your portfolio drop 60% in a week if you want any tips
you are wrong, fundamentals do not matter, just how dumb (sensitive to hype) the fanbase is of the crypto.
it's amazing what leaving it alone can do 👌 doesn't stop buying other significant dips either because you're bound to hear about the big ones
my only addition is to add in a few sells at prices you really like. they should be very high. that way if when you happen to check we are in a dip, you have funds to buy
this is solid advice. when i first bought, i was checking all the time. i feel much better about it now i’ve written off the money and won’t check for 2 years. am thinking of doing one more but not sure whether to go with cardano or ehereum
if this is the start of the bear market i would suggest waiting a bit before going all in.
that's what i plan to do. but i still feel stupid and unlucky cause i started my crypto career exactly one week ago and bought everything literally at the all time highest. no way i'm selling now, guess i'll hold then...
sage advice! only thing i would add is to add to those coins when you have some spare cash lying around!
i know it’s tempting to throw everything you have and the kitchen sink at crypto market right now with all the great deals but please resist and make sure you’re able to manage your day to day expenses. stay safe, crypto is not a quick money scheme but a long term investment into your future and please treated as such.
i still hold netscape shares. want some for 1 bitcoin?
"i'm going to tell you the strategy that i used to get lucky and make money instead of lose it."
bought the dip on friday 21, woke up on saturday 48% down lol
bought gbyte, did not work out.
instructions unclear, i now have millions of elon nipple tokens am i rich?
this is dumb advice on as many levels as i can imagine, and i've got a pretty healthy imagination.
what a load of bs... posted for the 1000th time too. here, lemme give you a piece of my mind: my man and everyone else, if you want to play the trader's game, you've got to do your homework. an app on the phone makes you a gambler, not a trader. it's nobody else's fault that you've bought into the fomo and went balls deep into options at the top. *no sane trader ever does that*. the sane trader uses various of the multitude of tools and strategies traders in the past have come up with which have already been posted here a fuckton of times and yet nobody ever pays attention. but your post has *some* merit: if what you want from crypto is to make money for you with minimum work from your part, just by watching your folio all day and bragging about it, then yes, get the fuck out. you will burn yourself and with you, your immediate surroundings. if what you've found in crypto, though, is much more than that then moneymaking becomes simply a byproduct of your interest in it. understanding and recognising what you have in front of you is the first step towards it and wrapping it all up and forgetting about it for a couple of years till the next bull cycle is not the way for it. crypto will do crypto things whether you like it or not. it's up to you from there on if you'll float or sink.
so you got lucky in a bull market, lost a huge chunk of it and now are giving unsolicited advice that a million other people have given. the transformation into a crypto narcicist is complete
oh, thank you! i already feel soooo ***rich*** , baby!
did this in 2018, brother.
wisest words i have heard in a long time 😂
need some help guys, thinking funny thoughts, could use someone to talk to
and stake whatever amount you feel comfortable having on an exchange
me who bought £500 of eth on a "dip" at £2400, and now its at £1350. fml
yes, best way is hold buy and never think of this. in the future recovery the wallet and see earn or loss
this is the best comment i've seen in a longtime. i should stop worrying even though i'm still in the green, thank you stranger.
i bought in when it dropped 40% thought i would have a gold mine. i’m now down 30%. but my game plan from the beginning was to hold it for at least a year. gonna steadily buy more and more as time goes on. diamond hands baby
this economy does not have 2 more years. \*method no longer valid\*
just started doing this, uninstalled all the apps on my phone. i decided to check the graphs today and oh boy it was not a good idea... i hold mainly atom, because i love the staking rewards and think it will be useful in the long run, but oh man the dips make you anxious even if you wanna forget
i went from 250 all the way to 10k and have watched my value drop to 2.5k because binance has locked my account to verify my info. all i've wanted to do is sell and re buy but i cannot and cannot get any customer support so this is a ton of fun...
waiting for my next pay check to implement it ...i have vet, ada, tron , xmr right now ...waiting to buy more .eth i have transferred last year ...my had was itching to sell but didnt ...although i do feel sad about that .
1) buy dip 2) transfer everything to ledger 3) buy lead-lined safe 4) put ledger in lead-lined safe next to gun, ammo, some cash, your passport, and your passkey for ledger handwritten 5) go have dinner.
exactly all this analysis and stuff is bullshit. in the end what works is hodling unconditionally!
so i have a few stocks; when is a good time to sell versus hold? should i look at when the price per stock is higher than when i bought it or no?
this is the way^. this is exactly what i did in 2017. ,700 to ,000 +/- from doing nothing. still haven’t ever sold any crypto. ever. get a hardware wallet.
what are your thoughts on the overall fundamentals of the latter 3 that your holding? matic has a a ton of speculation so i feel, rather than looking for someone who's unbiased, i'll collectively take into account all the different biased opinions on this one and consider it as unbiased as i could get. sol has purely peaked my interest based on it is high interest, now i have researched it a little bit and it seems solid but i dont hear very much about it when solid - fundemental based , coins are mentioned here. dot i have only vaguely heard of; i know nothing of its fundamentals or its value, not even how long it is been around, but hey, knowledge is power and the more i can learn from asking you fine folks questions, the better.
lmao...awesome advice friend. cheers
yep, that works great, until you check it again in the middle of a massive dip. if i were to do that, i’d set an alert to notify when it hits a high number to sell. rinse and repeat at every big dip. the problem is, that no strategy is foolproof.
why shill garbage coins? eth only good coin.
lol it works with every asset if you dont buy at the top.
has this sub always been this shitty and salty?
step 3.5: buy the dip. in 2018, i watched my portfolio melt as eth went from . however having done my research, i knew eth was still fundamentally as strong as ever, so i bought more at , , . best decision.
why tha hell would anyone need several cryptocurrency‘s? the winner takes it all imo
step 5.5 is to sell crypto so you can buy things tho
keep your funds in usdt. put your usdt. just use common sense and do not veer from this.
keeping buying the dip and get wrecked 😂😂😂
hey, i have been doing this since 2016; plays out very well i can confirm!
good plan losing all my money, this time next year tho .
fun fact: if you invest in what you like you are always winning
eth is giving me such anxiety
makes sense. edit: misspelled makes at first
i also put 2k in, went to 15k and am now back down to 9k. just hold through the madness
no way in hell could or would i do that...lol you could miss the pump of a lifetime... i would have to at least check once a month...lol
one step i would add is staking so you are earning more over the years as this is my plan until we finally start going up
that is not a perfect idea. you will not see that there is a bull market . you need some notification. it's up and down, up and down. you cannot just close your eyes. it does not work like this like old days on stock market... for some months you are a millionaire but you do not now about it... and, best is to buy at ico...
no guarantee this happens again
tempting to do something like grab a bunch of cake and shove it in the auto-compactor. a bit uncomfortable atm thiugh given how heavily it is all crashing. maybe if cake hits -5 again.
this is actually solid advice. was going to blast you based on the title but well played
use a password manager for this like bitwarden (which is free), but other than that, yeah. he's right.
if you really want to keep your seed safe, write it down in the comments so you can always find it...
my story is i bought bitcoin once to pay for premium porn and poker. i forgot about the coins until one day and logged in and poof!
what's a seed phrase? i did not get any, i've invested using coin switch.
you little genius you
why no cardano in your list?
if you buy eth on coinbase right now is even better because you can stake it for eth2.0 and cannot even sell it or transfer it once it stakes while ,earning 6%
buy high, sell low is the only way noob!
the biggest percent gain i've gotten in crypto was a result of forgetting my eth wallet password for 5 years.
you should charge for this advise. best i've heard yet.
lmaooo. this is right
have a buddy who got into bitcoin mining super early with 150 btc sitting in a wallet on a drive at home... no way of remembering or finding his phrase as he is moved twice since then and never been able to find the paper he wrote it on...
i did this but i bought neo,icx and nano all at the top.
that's one of the best advices i've read here in a while :d i'd add 'if possible stake your assets' but other than that your post is probably the best plan for crypto in terms of mental health. for me personally our laws are encouraging me to hold at least 1y for tax free gains which makes this even easier :) i hope that your advice gets read by some of the many new investors out there...
i actually did this about 12 years ago, i have no idea how to get them now!!!!! no kidding!!!! if anyone knows how i can get to it, lmk please! i’m pretty sure i put in like ...
mummy, why is this man so smart?
this is the way, and it’s a great time to buy!
moons thistribution ratios are gonna be baller in a few months
thats the jist of it, yes. but i would not delete the app, as staking is a thing that ober a few years can built a fortune by itself. so buy, stake, hold, stake, hold, stake…
man! dats a good one 😂 yes there is goin to be dip from here on, we need not panic what ever you guys have just hold it dont sell if off.
me personally invest every time i get paid so i cannot do that, i do not care about the dip, i'll just keep buying until i hit my goal of at least ,000 in crypto, only then will i sell
i bought in 2017, did not write down the weird phrase that i saw when creating my wallet, just did next next next. still cry about it.
if this is the 2nd crypto bubble i wonder if history will repeat itself and a 3rd bubble will take place in 2024.
yes and miss the token swap which makes you lose your tokens
r.i.p my portfolio, my portfolio consists of 50% vechain... -57% rn, still hodling tho
lol this is exactly what happened with eth for me. bought a couple coins when it was ~.
right, but after a huge bull market
someone has any link or video to share that shows more about wallets for some not so popular coins like chiliz?
i think i messed up the order
i fucked up step . “somewhere safe”. rut row.
i had . now, forget the (it was just sitting there in about 12 shit coins), the % growth is stupid high. all from forgetting it was there. now if only i had forgotten about an actual "decent" amount of cash... but that is besides the point. best consistent returns are from long term investments. always.
i like that you put sol in there. let’s hope for a solana summer!
this is how you do it?
i would've missed out on a wonderful spring. i had many opportunities to treat myself that i otherwise wouldn't have taken.
how i made 20k with 400€, shitcoins lmao
step 0 realize when to take profit and sell or else you never make anything
i mean it’s fine to still have my exchange downloaded to buy dips cause everything is in my wallers
is this r? hard to tell
i have layered eth buys every 100 down to 1500. each time one fills i feel 20% bitter, 80% sweet
this is wrong, i'm supposed to make 10x my investment in a month. if i do not, then crypto is a scam.
good advice, but would add a dca strat in there
step 6: accidentally rolled a joint from the paper holding the seed.
hahah great post man, but i believe most of the people in cryptospace are a bit impatient(myself included).
i would not be able to buy until next month! i know it is going to sound really selfish, but i hope these prices continue until then.
yes, good idea. but to store in a wallet those coins i need to buy eth or bnb ... or there is an other solution?
i want to buy harmony one but do not want to keep it on binance. any alternatives?
i guess that depends on when you bought. btc could go back to 10k here. if you bought in the last run up at the end of 2017, you'll still be not rich 4-7 years later.
true crypto believers should stop trying to make their dollars go up because fiat is going to be worth nothing. you make money in crypto the same way you make money in usd, you work, people pay you for your services, you get that money and you invest it in your business, the only difference is you do not have to worry about it becoming worthless some day. even dogecoin goes up 100x, are you one of the idiots buying it tho? because if doge coin goes up and you do not buy it beucase it's trash why would you consider buying usds?
some people keep seeing their investment dwindle. i keep seeing great fire sales. (i’m currently at a -56% roi)
this but don’t forget to stake those coins earn passive income at least on them. this is something you can only do with crypto and what truly sets it apart for me.
the frustrating part when i look at my portfolio is that coins like vet with a good use case is down 60% but shitcoin like doge is down ~45%.
why cant i let it be on binance? why wallet?
100% guaranteed profit: buy low... sell high... repeat as desired...
thank you! i will share it on korean crypto currency communities and forums!
so you mean give your money to people exiting now so you can exit later when other people give you their money?
i did this with yam 🍠 last year.
it's what hodling is all about
i concur this strategy works. bought some random coins back in 2017 for ~400$. one of them was ada. became almost 5k in 2021.
currently though i’m seeing more dips than a mcdonalds but you’re right, if you believe in the crypto’s you hold (for me it’s mainly eth and ada) then don’t sweat it because they will come good in the end
this is great advice. i would add that you should not dca into crypto because it is too volatile. buy when the market capitulates, like when eth hits 100$, and only invest that which you can afford to lose. don't stake (my mistake) because you give up liquidity for too little gain. last, but most importantly, fully vest your 401(k). it is a much better vehicle for dca because the money contributed is pre-tax (a very big deal in the u.s.) and the holding period essentially eliminates risk from riskier assets for a good portion of your working life (an even bigger deal).
!remindme 5 years "buy a lamborghini"
i bought in june 2018 (? or 2019) when btc was . invested about . in march, we needed some cash to flesh out a house down payment and i pulled ! could’ve pulled more out in april, but definitely glad i didn’t wait until may! i’m buying now and plan to do the same.
step 6: 'an' vs 'and' step 7: 'mines' vs 'mine'
sounds like a plan.
as if it where that easy, its like telling a junkie to just quit :d
just check if you have money to buy more :)
i mean, cute advice accept crypto is now mainstream and it’s shouted from the rooftops...
i love great thiscounts! thats whats happening right now!
> fundamentals what, like cryptos do not have p, dude.
i did the same. traded roughly ,000 worth of bitcoin for ethereum about 6 years back. it got as high as 950k in the last few months. meanwhile while i’m “trading” i’m just losing money. set it and forget it is the way.
i kind of do the same but i put mine in celsius. why wouldn't i earn interest on every crypto i hold? i see no valid purpose in a hardware wallet.
that’s what i just did
premia is going to be big in a few years. if you're looking for a long term project that is not just a meme coin
worked for me. i put my seed in the ground and grew a money token tree. money and food.
not sure how matic is a good project for the long term when ethereum will solve the exact same problems themselves pretty soon already.
where's the step where you panic and sell everything during a dip? i thought that is the most important one
easier said than done. but say this is solid advice.
or start a crypto youtube channel, pull prices and predictions out of your butt, and rake in that ad revenue!
algo is a steal at these prices. i'm buying everything i can. hoping this lasts a while!
as much as this is a joke post, its probably the best strategy for 99.9%
step 4: ...do sh*t i guess many here already doing this.
very new to crypto, how do you research fundamentals and what are good fundamentals?
i just yodeled hodl!!!!
what are all these fucking abbreviations? no idea whats going on.
i have made 8k from 400€ in 3 weeks with dogecoin buy at the dip and sell, this every day
people who scoop up some eth now will be very happy if they follow that plan imo
2k to 15k? you're making less than minimum wage doing that m8
running out of chips for all this dip
well said op, once my two portfolios are a bit more diverse i’ll be doing exactly that 👊🏽
actually just put in a bunch of super low limit orders 70% under current prices when they’re high and forget about it and come back when they’re filled
make sure you write down your username.
this is some good advice.
i rather look at least 3 times a day in all my apps to look if im rich
glad to see more love for dot. after reading about their projects, technology, & long-term plans, it’s something i really want to be a part of.
but then how will i farm moons
same. recently i check my portfolio it is at +800% when all are crying over crash.
my long term bags look so sad right now. why didn’t i cash out a month ago when i knew i should have????
i’ve been buying the dip now i’m broke. jk
hbar any good ?
u can do that... or. have the will power and not succumb to paper hands. i lost over 8k so far with the crash. im not selling for a loss.
bought. bought's dip. got a sales contracts on my lakeview lot to close at end of june, and i will buy's dip's dip.
i actually did that a couple years ago and it worked but i only invested in bitcoin and i was just learning about it. i forgot about it for like 10 months and when i checked my wallet i realized i made a decent amount of money and blame myself for not getting more involved in it. i'm still learning but i investing a little bit of money and just forgetting about it does not work for me because my brain immediately goes "you should have kept investing this entire time"
this is a shitty take.
wait... i thought the best strategy is buy high sell low
i like this. here's how i think about it. this works too: if it is been going down for a very long time. buy some if it is been going up for a very long time. sell some.
oh don’t worry i just bought another -15k of eth if it falls below ’ll buy another at ’ll buy -60k at ’ll buy easy -40m in few years
what is all this fiat talk i’m hearing about ? 🧐
the art of hodling...
thing is it actually works lmaoo
why do you suggest to not stay update on crypto news? wouldnt you want to stay up to date to make greater gains bc you know big projects are coming up so you can put in before it rises? is it because reading about it too much can give you anxiety and cause fomo?
step 6: notice there was a token swap on one of your cryptos and the grace period elapsed long ago.
maybe sell at a loss, first, then buy back and store. get those losses back from the irs this year
dude i have so many eth should i hold and buy more??
best advice i can give is to never listen to crypto youtuber. they will almost always screw you. most of them do not know what they are talking about. all they do is read news articles to you and let other people do analysis, which they then promptly ignore to resume the hype. i'm seeing hype videos this morning **even while bitcoin is dropping another 10%.** if more traders spent that time studying technical analysis than watching hype machines, they could make a lot more money. a basic triangle pattern seems to blow most of them away, which is mindboggling to think that these people have managed to make any money at all when they need other people to even thiscover those for them.
can someone please tell me how??
i tried doing this but the step 2 would take 1:(
just curious as someone who's done zero research so far, what's the best way to buy a coin like eth? are there crazy fees or anything to watch for, usa if that matters. but this is the strategy i'd like to pursue. i'm tired of always telling myself i should have invested 2 years ago. i believe eth is probably going to have the largest gains, with the least gambling. sorry if this is answered elsewhere, i'm just started to figure this stuff out.
completely thisagree with number 3. you should alway keep track. if you take your emotions out of the equation you will be a good trader. this advice only works for ppl that follow the trend.
u cant live happily if you invest in crypto
just going to be buying the dip
i have been good at losing money the last few days.
this is the way, but also buy doge.
the dip dipped that dipped into more dips
what's wrong with leaving it on exchanges and doing a bit of trading in between every time it bounces? i mean good exchanges like coinbase, kraken, binance. this is not 2016, your money is insured against hacks. and fyi, i'm all for moving it to your wallet but it can be difficult when you're balls deep in 20 alts, is a negligible amount, fees are high etc.
spent , , , . loading the fuck up
eth... not sure you're rich now buddy
i'll tell you a better strategy. buy monthly, same dollar amount every time, forever.
bought ada i know its going to go up after eth
... but how do i do step 2?
or... b. sell the power or the asics or the gpus or the thisks which the miners use.
basically, if you're a paper baby. hands forged in starfire buy the dip
a good way to store your seed phrase is in a text file that you encrypt using something like pgp and then email it to yourself or throw it up on a google drive. just do not forget the password to decrypt your file, or if you are prone to, just write your password hint in the email you send yourself with clues that only you would know.
after a couple of years check and you're broke also possible.
now this is a sale. i am all in.
where do you get the wallet?
my strategy too. even it dips do not sweat it. life is beautiful if you do not worry much.
this is so hard... i'm down 70% on my portfolio. all i hear is bad news after bad news coming out about it.
i did a bank transfer to buy crypto...it got delayed qnd the market fell even further... now i am just watching it closely to determine when to enter
didn’t know what i expected, but was pleasantly surprised at this. good advice op!
i was earning money with leverage trading right before all of it happened. felt good, thought i had the hang of it. then it dipped and the dip dipped further...
nice plan, but - you should now what market cycle is. and you shoould be monitoring for the end of market cycle all the time.
one thing to add, keep the wallet access available and do regular purchases (). keep it relatively small but not insignificant. don't put this before necessities. keep these purchases up forever.
this is actually a smart thing to do. also, if you can stomach seeing losses, dollar cost average throughout the bear market, and profit next bull market
i'm still buying the dip 🤤
you missed a step: sell and then buy back in when the price is cheaper, then hold until the next pump.
do others recommend matic? my brother told me it would be good to get into, so i did a bit of research and threw . wondering some opinions on it. keep buying in during the dip? thank you all aswell.
how dare you not check your apps every 5 minutes
truthfully, this is actually great advice.
i love you 😘 there i said it lol 😂
or come back in a couple years to find that your shitcoin has become 0
or you know borrow 1 btc for 60k, repay loan of 1 btc for 30k. instant profit.
i’m so glad binance us took a long time to approve my account lol finally activated at the big dip(s) and here i was complaining how they’re taking forever
this is legit, also dca is the way
i think vet and ada are a couple of solid long term investments as well. also how you make money is to buy right now!!
but how do i do this in 10 days
i have the not acting on it on check. just not the not looking at it part is hard.
that's a baghodler's mentality and justification for not cutting their losses quick. but if your balls are steel and hands are made of diamond, step 3 -4 is reasonable.
i got money in crypto and stock!! crypto is dipping hard, but they pumping 1 of my stocks tomorrow!!! diversity!!!
step 6: post on reddit and farm moons
deletes app. returns to exit scam. gg lol
uh no, just dollar cost average into something you think has good potential and hold. don't sink your savings into a couple of projects and then walk away, that is stupid unless you have a substantial savings are only going to be using a small portion of it. >i'm going to tell you the strategy that i used to go from 2k to 15k >step 5: after a couple years check how rich you are now and buy whatever the fuck you want. please explain to me how turning 2k into 15k is being "rich" and allows someone to buy "whatever the fuck they want?" that's not even enough gains for the down payment on a house.
watch it go to 25k then bounce back up to 70k by the end of 2021. *iaintnostradamusbutimright*
facts - i only buy in dips - never sale unless price doubles ' ez money -dont spend money your gonna psend on bills an dshit
buy 420 doge and and wait 5 years... find out you are worth -0.69usd now
what are some good fundamentals of crypto currency?
i'm must be crazy. it does not bother me to keep checking in. i mean i still have all the crypto i had before.
fundamentals and crypto don’t go together...not for another few years
this works for stocks aswell.
imagine buying since 2017 and checking today lol
furute. my new favorite word.
the dip took my words to heart when i bought some of my favorite coins earlier. how much dip could the dip, dip if the dip could dip the dip.
thank you! reading this gave me a piece of mind and confirmation of what your saying is the right way. crypto can be life consuming. it’s easy to miss out on life with your eyes glued to news articles and charts all damn day long.
now is the time to buy
but but...i.went from . i thislike your plan.
i do this exact same thing but on an exchange. i do not mind losing money, stuff happens and i definitely do not feel the need to check daily because i believe in my coins
i was not planning on selling this year anyway. just gonna accumulate more coins.
the end of the dip is nowhere to be seen, ah well just dca and forget the charts i guess.
i would rather watch it daily and pull out too soon. i sold 500k matic at 5 cents. so yeah...
above everything remember crypto is not for weak hearted people. if you are weak hearted do not try crypto. just go sell ice cream!
i bought theta. staked it on gpool. when 1 break 1000+ tfuel. transfer to cold storage. waiting for gpool tfuel staking.
if i am using binance what is the best wallet to use and how do i go about transferring my coins? tia
holding alts for a few years is awful advice how the fuck does this have 11.4k upvotes just look at every single alts. don't believe me just look for yourself hodl bitcoin thats it and this is coming from someone that is nearly a monero maxi
best advice, x20 my money and lost it all due to poor risk management on leverage. i’ll bounce back by the end of the year god willing.
trust the uncertainty of the future. nice.
that sounds like the definition of hodling
i want the furute!
\[3 years later\] "oh no! i can\*t find my note with my seed phrases" posted 23x by different users during ath.
hello guys,what is best way to exchange crypto - lets say btc for usdt with lowest fees without kyc ?thank you,
as simple as that 🙌🏼
honestly if you havent been rekt by now, i feel like its a good time to turn on the dollar cost average machine and just hodl. we could recover within the year and see new highs. look at it this way, crypto is on sale.
pretty much my inadvertent doge strategy. mined 50k in 2014, archived the wallet, and forgot about it for five years.
what knowledge... basically buy in may and go away... but for several years... quality reddit advice
i can’t in good conscious buy something that i have no idea what it is or how it works. i’ve read about it all but it’s just over my head i suppose. i almost bought doge at the very beginning as a joke and kinda wish i did now. maybe i’ll buy an upcoming meme stock or coin just for fun to be a part of the next wave of shenanigans but will only buy a few hundred worth at most something i can live without.
this is a great time to take things slow. we knew this day was coming. the correction. the crash. now is the time to relax, and be patient as things settle into a new norm. just like back in 2017, things are gonna be low for awhile; which makes it a great time to invest until the next bull run. when that will be, no one knows. but we must remain calm and dca until then.
went from 2k gbp to 1k makes me horny.
lol, the manner with which the crypto community always pretends to be managing money like the good father of the family and not throwing it on the most speculative products on the market never cease to make me laugh.
or alternatively wait for tether to implode and then buy all these tokens at 1
dude... i did exactly that. bought ada, vet, eth, and some other stuff in 2017 and 2018. left it alone. i came back in february and it was worth over 25k. last week it topped 56k, down to 25 again. anyways, your strategy works.
when i dip you dip we dip
i think the most difficult thing is how to find good projects, due to the number of crypto nowadays.
it’s only a loss of you sell why does everyone keep selling.
great advice that’s what i’m doing
i put my hand up on your hip. when i dip, you dip, we dip.
or...laptop messes up. you put your laptop away and buy another one. trying to find old data several years later on you old laptop, you thiscover your old wallet with lots of coins. : )
bought the dip just as corona was breaking out, eth was sitting at . bought for ... buy the dip.
dude did you just gave my strategy to everyone? (i also buy the dip if, buy then it is basically the same).
i decided a while ago to follow this as a “lotto ticket” retirement plan. just throwing pocket change here and there into certain coins. may i ask what some people’s opinion on litecoin are? seems to have been pretty stable i’d say. what about bat? sorry in advance if this isn’t the place to ask
i’m convinced that everyone that trades will look at what i do and do the exact opposite
question: how many units of a coin should be bought to see a tangible profit in the long run? eg. 300 units of matic...
does anyone have a recommendation for a good wallet or know a link that can help with making your own hardware or paper wallet.
i am doing just this but i am not checking until 2030
best crypto advice i’ve seen
you've done the same way my sister proceeded. she invested only 100€ in 2016. but she really forgot it until this winter. 10k in her account last month.
basically just don’t get scared of every little dip. just wait.
easier said than done in a super volatile market
this blood bath is insane. i keep buying and it keeps going down. i feel like it’s just going to keep going
what are the recommended wallets? bag is getting to the point where i’d like to pull from ex
went from 200 to 40k.
i decided if i was stupid enough to play the money markets i wouldn't be so stupid as to throw money at the fiat of fiat. so far? 100%🤷
can anyone tell why matic is dipping more than other coins?
this post could have been just one word.
honestly great advice. reminds me of the article about how the most successful investors are dead.
when you dip i dip we dip
buy the dip of the dip
this dip reminds me of this song lol… [da dip](
dip is now more deeper.
join my telegram channel
[only way to ride out this plunge ](
so what your saying is become a miner? 😂
i'd like to add while these banks, hedgefunds and brokerages are being liquidated from the short squeezes is an absolute firesale on crypto. i plan on taking full advantage of every part of this complex financial situation as my smoothbrain will allow
having an anxiety attack everyday works well for me instead.
i lost 300 usdt and it hard in my country to get 😭😭😭
this is number one bullshit. you made money because you got lucky that is it. mostly everyone who got into crypto got lucky, it is a manipulated market.
best strategy ever 😂😂😂.
this isn’t regular dip it’s free salsa at a mexican restaurant once you think the dip is gone they just bring out more.
the main thing to remember and take away is buy coins that you truly believe in. the only reason why you need to worry during this crash is if you put your life savings into a shit coin with no future potential imo.
there's a balance you are failing to see. you do not need to check your portfolio every minute, but you cannot just ignore it completely either. you need to keep in mind what assets you have to make good strategies.
this is how my brained turned instantly after buying shib. i only had a small portfolio of about 100 bucks then i saw a huge hype of shib so i bought 15 dollars since that was the minimum and now it is worth 2 dollars after the dude gave it to charity. some other coins j bought were these hype coins that were nothing more than a fad to hop on at the right time and sell at the right time. right after i saw my shib plummet i decided to start searching coins and finding their background, the mission of their project, and will do exactly this from now on. if a coin has a project that has a true value in the future then i am going to hop on it and follow these steps.
what wallet are y'all using?
this is exactly what i did a few years ago. i got into crypto the first time this all happened and got caught up with the hype, lost a bunch right after the first time bitcoin hit the ath of . i got thisillusioned with it and had lost enough money so i left my holdings in the assorted coins i had done research on and i liked, and just stopped looking at them. then a couple months ago crypto started getting in the news again with far higher numbers than i had ever seen. so i checked my crypto for the first time in years and one of the coins i had invested most of my money into had gone 5x in that time. this time around, i'm just using that same strategy.
i dunno man, i think its better to keep on buying low during all that time, you know ... i go dca when its time to buy but i apply the same when its about taking profits. worked nice, so far. also, bots are good to make the most of volatility. yesterday i made +2% setting a bot on ada with x1 leverage (no leverage, very low risk) and letting it run 8 hours, when all hodlers lost money again. setting the bot literally took 30 seconds.
i did that with eth. put away a couple coins back in 2019. checked them when eth was around . never thought it would have hit .
so even after waiting for 3-4 years 2k will convert into 15k not a million dollars, not even 1,00000, just 15k.
did you say yolo my whole bank account?
happy to see i’m not the only one who had half their account wiped off the map. when will the dips end??
at this point - yes. absolutely winning.
so true. ignorance is bliss.
if you guys want to get all your money back, learn how to trade on bybit on the shorts. made most of my money back already
ha, this made me laugh. it's so true. i bought into bitcoin when it was . i should be rich right?? no, i did what a pro novice does best and tried to play the market. don't get me wrong. i've done well. but only since i realized to just leave it be. if i had known that from the start i could have retired at 40.
i’ve been doing this roughly a month...can come one tel me what the purpose of a wallet is?
good advice. the problem is, you dont tell a depressed person: -hey stop being sad. be happy instead and problem solved. :/
yea, i did the same thing during 2017-2018. opened my wallet and was like boo-ya! but now i'm buying the dip.
ok as silly as this sounds this actually might be one of the most sound pieces of advice in a while. i'm not even joking.
great advise. crypto is the long game that not everyone is prepared to play
this is good advice, but i would recommend storing the seed phrase on metal, in a safe deposit box at a bank. paper does not age well.
i wish i read this post earlier
so buy high sell low?
how can i move the crypto i have with binanceus, crypto.com, voyager and coinebase to d wallet? can i do that?
or: trees grow to the sky
i shorted the dip, and now i’m being guacadated
stupid post. what if you log on to find you missed the gains and came back after 90 percent retracements?
so you earned 13k in a couple of years. that does not sound very stonks.
i'm on the loop coin, fcksake...i need a break... i just lost few k pounds and managed to save crazily ... ... made profit again at bcd convert to usd hold and saved few more k and moved again to the coin btc 😊.
is there a difference from having it written down or just having it chill in binance for example and not looking at it?
what would be the point of switching to a wallet though? im just gonna use the same network for the lower fees lol. realistically just buy during historic dips like what were seeing now, set price alerts, then chill. sure wallets are great but its not like id have made more money if id held my stuff off binance. i actually would have made less because binance referral incentives are awesome and i made about an extra grand off that alone. binance referrals are basically free money. fee commission split was a genius idea. even nontraders just seeding off my trades have to cash out and i get a cut of that. its not like you pay any extra, instead a part of your fee goes to a person instead of binance.
this is a tip i think everyone should follow, unless for some reason this is wrong. if it is please tell me. if a crypto you own is going down, convert what you have to dai stablecoin until it comes back up. honestly just keep all of your crypto as dai and then convert it whenever some coin is going up, then convert it back to dai once it is stopped rising. that way you do not have to worry about losing a crap ton of money if there is a crash, because 1 dai is always worth exactly .
i had free ether with coinbase years ago and now i cannot access my account and coinbase are fucking shit so i think they’ve exit scammed me essentially. no support or any response from them. fuck you coinbase
it's true, historically things will move upward over time.
been gobbling up eth, dot, matic, tez and ada.
i'm actually thinking about doing this but with dollar cost averaging. setting up auto-buy on coinbase. something like .
1. invest 2. hope 3. ??? 4. profit i'm not convinced that is sound advice but to each their own
yeah how’d that neo bet go last cycle?
every time i buy the dip, when it dips, you dip, we dip.
buy when nobody is talking about crypto in day to day life, sell when they do
yeah i might have to do this.
can you buy from a wallet? and cold storage or hot wallet?
teach me i went from 2k to 800 lol
step 1 …... good fundimentals…. sorry this one made me laugh. how does someone calculate intrinsic value of something with no intrinsic value?
carefull waiting too long. wallet. dyor
best advice i've heard all year 🚀🚀🚀
a complete beginner here, i invested a small amount with coindcx app, what are we supposed to write and hide?
this helped me so much thank you!
>step 4: live happily for a couple years without worrying about your crypto or looking at them, do shit, have fun. did the same thing with bitconnect a few years back. it's been a while since i checked but i'm confident its doing well since time in the market > timing the market.
step 5 should be checking if you are at the height of a current bull market. no point logging in at the start or during a bear market. people do this then wonder what went on.
what’s the best way to create a paper wallet for eth and cardano
what if the us decides to do the same shit as china?
giving lessons on how to go from 5k to 2k in just 1 week! for a small price of 3k i will mentor you!
you do not lose money until you sell. i know you know this, i'm just saying it out loud so my own brain hears it
i recently did this for the first time three or so weeks ago. reading this post made me remember i own crypto lol
<<<<steps in wearing a cape, mask, and safemoon logo
it sounds a lot like my plan to just buy some land and plant trees.
if i followed this strategy so far it would have been .8 btc. i'm cool with that honestly since anything can happen but i did not know what i was doing when deciding to invest my savings. since then it is been a lot of trading to get where i want to be but there have been profitable and unprofitable decisions along the way. after holding bitcoin for 3 months and watching it basically do nothing while every other coin was blowing up was frustrating. i ended up trading all my bitcoin for ethereum when eth was around . after that i rolled some of that into etc and icp and have been buying both of those in small increments during the plunge. i had been wanting to buy maker at a decent price for a while but could not ever justify it but this morning i saw that it was trading around the same price as ethereum so i traded 30% of my remaining eth for mkr. all that being said, now would be a good time to lock everything up and forget about it. i've diversified and learned something along the way. i'll probably eat my words but i'm happy i do not own any bitcoin.
i wish trust wallet supported icp. i hate the idea of holding on an exchange
hey, i'm pretty good at the first part! i just lost 3k trying to be all smart with the market.
that is my plan except to add a little bit more over those years and stake it!
i’m going to fundamentally thisagree with you here for one reason - i did this in the last bear market and because i was no longer on forums or educating myself, i missed on getting into amazing new projects early like uniswap. just don’t sell your shit but keep on reading.
im a long term holder and at the same time, i do dca with my bmi, sol, reef, fwt, vet. though still holding alts that are on uniswap only like plugnet that has the ability to mint synthetic assets.
so basically: get lucky to buy before a bull run and ride it out. also: "buy coins, forget about them and leave them lying around" is a really bad advice. many coins do swaps at times and guess how much you will have left, if you miss said swap timeframe and the old coin no longer has any value, but the swap is no longer on...
bought 2 btc in 2014 and did not look at it until last year can confirm this strategy works
never sell on a loss, never sell too soon its very simple.
solid advice honestly, this is my plan. this and mining eth and holding it as well.
yours is slower, maybe you should try my strategies and see which is faster. and hey you ll definitely thank me latter
how i wish holoride is fully launched, i would have followed your advice to the teeth and travel round the world in my car using the holoride vr while a driver drive me round.
i set a limit sell as soon as i buy. might take an hour or 5 years, but unless they go belly up, i'll eventually get what i want. i dabble - scratch off ticket money. so i just do not worry much about it.
best advice ever, but i would like to add 6: stay the fuck away from this sub and all sources of supposed crypto news for the same time period too!
honestly, heavy truth lol. trying to make a couple bucks chasing the “peak” has been a back and forth thing. i’m the end, i would of been in a way better position leaving my purchase alone, even during this heavy bleeding.
just do not watch the media and you're already on your way to doing better
i cannot believe you are all buying the dip and the shit does not come back up... so... elon, come on man, make the miracle!
**any scheme for a person who dnt have any money to buy any coins? we wants that scheme**
anyone want any help searching out rug pulls and yoloing on them give me a shout, i seem to have a natural gift for it
please! i made 1k
i bought 5 bnb in 2017 think it was around . look at the price of one bnb now
how to make money with cryptocurrency: six strategies to consider investing. investing is usually associated with taking a long-term view by buying and holding assets for some time. ... trading cryptocurrency for profit. ... staking and lending. ... crypto social media. ... mining. ... airdrops and forks.
introducing ravengate community driven name: ravengate symbol: ravengate token type: bep20 supply: 100,000,000,000,000,000 - renounced - liquidity burned 100% point_right slippage: 12-15% 2% tx fees back to holders tg ravengatecommunity
i did this by accident and it worked. bought some eth pre-launch, forgot about it until a few years ago when crypto went mainstream. i kept the keys to the wallet in 1password. basically found . if i kept holding it’d be … put most of that money into a house and eliminating debts. in the intervening years i tried to play the markets off and on and it just doesn’t work. over-invested, got shaky legs, pulled out. either buy one lump sum as a present to your future self, or just set up automatic trades but don’t monitor it. it’s a weird world right now. diversify and be patient.
this didn’t age well
one valuable and seriois project is zenon network. put .
pnode should also be considered as one of those precious gems 'cos this assets has proven to be one of the best and a good store of value.
instructions unclear, used 10,000% leverage betting on asstomouthcoin.
realise you should have sold 2 years ago.
this is the way. honestly this is the only way to do it lmao
this crash is the start of a long bear market. . better sell everything now unless you wanna be down for years
wallets need to be kept in sync with the blockchain. forgetting about your wallet for years on end can trap your crypto. fortunately i found a way to get my dogecoin out of my old doge wallet. i hope to transfer it again to coinbase which is the only thing i have linked to my bank account.
so ? i need to repeat what i said? wait, i'll do you one better and write more than on the other post! these "that's how you make money" posts are a load of bullshit, there are many ways to make money with investments, no one has the perfect recipe. you could put money in projects you think are solid and forget about them only to realize 5 years later that you put your money in one of the 99% of cryptos that do not exist anymore. watch your investment and be active with it, on a dip like what we're living right now people are making fucking bank! how? by buying more when it stabilises after a dip and selling that part when it goes back up and stabilizes to buy when it dips again, worst case they still made profit by selling when the price increased and it does not dip again, worst worst case they bought a position at a lower price than they would have if they had put money two weeks ago if it does not come back up right away and continues dipping. learn to read order books, inform yourself on market sentiment. you want to set it and forget it for the next 5 years? go on the regular market, buy indexes and etf, do not touch the crypto market because it is not backed by anything, it is unregulated and manipulation is generalized, you do not know what will still exist in 5 years so you better be paying someone to manage what your money is invested in and at what ratio.
my dad purchased, 100k of bitcoin in 2010. he bought it for me so when, i graduate high school, 2025, i wouldn't have to worry about money. he believed that the world would be 100% crypto by 2025. doesn't seem to be heading in that direction. he's just sitting on it till it is time for me to take it over. he use to watch it all the time - down - down - down -up! now we do not even bother. and will wait till that time comes, to see where we stand. we thought about dumping it. find some loser to take it. he thinks he should of invested in gold...
how does this post get love?
omfg lmao. you making 12k doesn’t mean anything. this is not a +ev strategy in the long run.
garbage content. sad to see this upvoted.
i hope we have more riots in the u.s. so people can let their frustration out on tesla
crypto does not age. it's for trading, other than hype, crypto has no true value.
millenials investing in crypto 🤣
how go make money on crypto: 1)invest 2) forget 3) check back in 8 million years.
so far i’ve gone from 4k to 2k… and i followed what you said, it isn’t working
no do this but continually keep investing in them every couple of months as long as you can ignore whatever news you hear.
i feel like with the fees your not in a much better boat, where you doing you fiat to coin?
this is my plan
well do not just leave us hanging? are you a millionaire yet?
i just went from 20k to 9k, we should start a training course.
how to make 10k in crypto? start at 20k
total warren buffet here :)
step 1: go to cryptomoonshots step 2: click the 'new' section and invest 10k into the first coin promoted note: this method might be so effective that your 10k might turn into 10 cents in an hour
just bought in at 34,000 and i’m only down 1% last i checked edit: 1.4%
my dot and sol are down 40% today. currently sitting at 50% loss 14k to 7k
bandito_rojo you're my spirit animal!
funny... i was joking with someone on wsb about how i should sell my stock tips so my customers can do the opposite. posted my positions in tesla. if someone listened and did the opposite, they are very rich right now. lmao 🤣🤣🤣
in this corner, averaging in at 56k a bitcoin, it is the hodllllllllllgobllllllin
hey 👋 need a teacher ?? i’m experienced in this
this is a secret technique which we all possess.
lol! actually, if you just look at the absolute change in value (thisregard the minus sign) you’re doing pretty good.
i think you should pay people to take your course. sounds fair
day trading with no day trading experience.
everyone knows how to do that
if anyone wants to dm nudes or toe pics, hit me up. 💯
you can use the same strategy as op for that.
anyone wants to go from 17k to 20k but make 65k some where in the middle without taking profits hit me up
[nah fam, i got 'em...](
time in the market beats timing the market
4k > 15k >3k 😎
went from 17k to 8k and it keeps going down, i’m with you bro
if it makes you feel any better, that’s how i felt in 2018. 10k to about 1.5k. kept holding on, and it eventually turned into 35k at its peak in the past couple of months, and i sold off at around . hold strong; your losses aren’t losses until you sell.
i just lost 2k in a day.
hey 12 k to 1.2 k better solutions
i’m just starting out but went from 💪💪
buy high sell low baby!
i’d add to this guys advice but we are probably doing the same thing
“how to 10x your losses” buy my course today!!
it could even be the same strategy, just a timing difference! yay!
i can do better then this guy i can make your 10k go to 50 bucks.
every time i buy the dip, it just keeps on dipping
this has repeated twice for me. i now find comfort in the dip because i buy the second dip too, so it feels like i got a deal
margin traded on the dip expecting it to be short. now i'm down 90% just like in 2018! good times!
you just gotta buy the dip of the dip's dip
made me laugh; has happened to many of us. but this is why dollar cost averaging is better for most people.
coins keep on dippin dippin dippin into the future i want to cry like an eagle...
dollar cast average the dips. just a little bit everyday over a month or two while we’re on this down trend. it’ll be better than trying to time the very bottom.
i see no dips, i see future lambo
yup. then i bought back in again and the dip kept dippin. wtf?
so this is all your friggin fault?
when you buy the dip but it is a seven layer dip *hidethepainharold.jpg
too much dip. not enough chips 😅
are you adopted? cause we must be related somehow.
i put my hand upon your hip when i dip you dip we dip you put your hand upon my hip when you dip i dip we dip i put my hand upon your hip when i dip you dip we dip you put yours and i put mine and we can get down low and roll it round
“when you dip, i dip, we dip!” - a message from the 1990s.
me too and now i feel like a dip
which dip was that? there has been so many the past week. the next dip i’ll be seeing is mcdonald’s dip when i hand it to customers.
i read this as "i fought the law but the, law won"
i finally bought in exactly 30 minutes before it had its first big drop. most of them are down 50% now... so i'm probably about to leave it and forget it like this guy said.
the trick is to buy the dip at its dippiest
it double dipped...imean triple dipped. i mean...nevermind
when you dip, i dip, we dip.
dipped dip dipped dip.😭
i am just going to dip the dip to dip in the future.
i used to buy dip, but they changed what dip was. now dip seems low and scary to me
this isn’t a dip it’s a swoon.
ahahah i keep buying everytime it dips further and further lol thankfully did not push all my first in 3 or so days ago lol been dca'ing regularly though.
because it’s going to be taxed...
this week is gonna be even more dipper
i bought the dip of the dip of the dip, and still dipped
now you buy chips
i put my hand upon your hip with i dip you dip we dip
that's were most of us are at the time, trying to figure how much more will it dip.
buy the dip again and stop looking at charts few years.
my dip is eating chips and onion dip
that's not called dip, that is a rip.
i bought the dip and the dip won
but the dipping dip does not matter if you never even see the dip that keeps on dipping.
that’s why you transfer out! buy the dip -> transfer out -> price rises. buy the dip and don’t transfer -> buy the dip -> repeat.
same, i'm a bit thisappointed hahaha anyway i was planning to stay long-term so it does not change my plans i guess.
"dippity du dah dippity day"...sing along folks.
let's get freak nasty up in here
crypto just got rug pulled.
when it dips i dip you dip…
the dip just went on clearance sale, get more while you can and put it in the freezer.
when you dip, i dip, they dip, we dip
i double bought the double dip. standing by to triple buy.
put your hands up in the dip, when i buy the dip it dips.
i also bought the dip, it is dipped every day since...
you put your hands up on my hip, when i dip you dip we dip.
the dip dipped with our money
only cuz you saw it
that’s why you should dollar cost average, so you make smaller buys as it continues to dip instead of timing the market. it works out great
i fought the dip and the dip dipped.
same, the dip got dipped, in the arse
when i dip, you dip, we dip...
i put my hand on your hip. when you dip, i did, we dip
better than buying the peak
when i dip, you dip, we dip
so you buy the dipped dip.
when i did you dip we dip
i thought we weren’t aloud to double dip :(
😂😂😂 me too 🥴
i’ve been trying to buy the dip since it was in the .40’s but been having problems with my back account and credit union i haven’t been able to buy anything yet. i guess it was a good thing lol.
i bought the dip but the dip dipped, then last night i bought the dipped dip dip but then again this morning the dip dipped dip dip dipped and i cant afford to buy the dip
i bought the dip. the dip got deeper. now i’m in deep dip.
my portfolio just broke it is support level :'(
"… i put my hand upon your hip when i dip you dip we dip you put your hand upon my hip when you dip i dip we dip…" who keeps requesting this song?
it's the dip that keeps on dipping!
lol too early bud.
we’re in dip-ception. remember to keep yourself grounded and refresh reddit constantly.
running out of capital to buy the dip! same issue as
my strategy: buy the dip with half the amount you were gona spend. then spend the other half of it double dips.
same, i bought the dip once, it dipped so i bought again, and then by the time the big dip came i had nothing left
the dip bought you bro
lesson 1: don’t catch a falling knife
joe strummer wants a word
this has been me about four times this week.
at this point it is not even double dipping. its like quadruple dipping. behind every dip there is another dip!
this is literally so true thought i was buying the dip too.
*me taking a dump while watching my coins dump* wtf
dante’s inferno dip. 7 layers of pain
i bought the peak... if you want i can sell at the lowest possible dip, so that it will rocket for u... then, when it peaks, i will buy again...
then the dip, dip, dipped
well, you did not know about the dip to the dip to the dippity dip
when i dip you dip
when i dip, you dip. just like that?
i bought the dip and the dip won 🏆
write several phraces and hide them around your house. also do not hold everything in the same address.
lately every person i know in crypto has a story like this. i don’t know who the believe.
bury seed phrase in ground, will grow into crypto tree
if you have a amount invested that you can absolutely not afford to lose you should definitely take drastic measures, for 1 multiple copies, engrave it in metal so it is always readable, back it up in the cloud (after you encrypted it of course) i think a lot of old btc bag holders had no idea the price could change this drastically and that it would have been that crucial to make sure your seed phrase is safe or miss out on a life changing opportunity.
i’m so glad this is common knowledge. back then we didn’t have all these back up plans and failsafes lol our shit was sketchy at best. i know at least 6 people who work for < ’t access.
i did this with a bunch of coins in 2017, including dogecoin for shits and giggles as a meme. turns out shitcoin netted me 100x more than all the useful coins. cryptomarket is a joke
my wife lost her password for 50 coins. i try not to think about it
i have between 1-2 btc on a hard wallet trapped inside the 20 year old laptop i used in college. i think i paid around . no idea what the seed phrase is but i did manage to boot the hard drive in my desktop. it hurts.
which is why you put it in your password manager.
i dunno why people won’t just invest in a password manager. it’s a fucking life changer. you remember one main strong password and you get to forget about everything else! it’s a real relief for your brain. let’s you remember other important stuff none of the nonsense of “did i use two exclamation marks or three?”
thats why csv exists, and with cloud storage, there’s no excuse not to pay for a couple years storage and put a csv there.
put your seed phrase in a sealed pvc tube and bury it in your yard... in a spot you'll remember
have phrase but no idea what app... wallet i used.
or stored on a flash drive that accidentally gets thrown away
i think this happened to some guy named satoshi back in the day. lol!
use a password manager
that's why you need to get a couple flash drives and put your public . and print out your public and private keys and keep that somewhere safe. multiple digital and physical copies is the best way to do it.
someone went hard core and put it in a safety box. i think it is also about being organized to not lose them lol. keep em in your bookcase and write them in random books lmao idk
it's because they wrote it "in" a paper instead of "on" a paper.
i just met a guy with 92 bitcoins who lost the email adress . he just doesnt think about it and lives hid life
make a tattoo of it on your body. also make sure its a riddle so it is not written in order.
tattoo it to your arm, or forehead...whichever suits you best. 🤔
many probably do something similar already but i'll share my cold storage procedures. any refining tips please chime in! 1. load ubuntu terminal for windows, boots offline w vpn failsafe (and for connecting to exchange) 2. mount veracrypt drive, sha256 with password to encrypted flash drive. in order to mount and find the password there is a coded puzzle in a local folder. easy to locate if you know the pattern, time consuming if you do not. 3. plug in encrypted flash drive with .txt files of all exchanges and wallets with un, pw, rp; also has notes on 2fa active, kyc levels, etc. 4. connect internet through vpn 5. plug in nanos, shift crypto to exchange(s) 6. $$$ for additional failsafe in event of the unexpected, i have detailed instructions on accessing coins and portfolios on flash drive in a safety deposit box. sdbs are easy and affordable. get one if you do not have one.
i am one of them. 2014 me 😩😩😩
lastpass i would never trust just writing it down.
pencil does fade and so does pen
can confirm, i'm still searching through hard drives and bank statements for that . fml and fuck mt. gox... proof: my reddit account is 10+ y- rip 😂
from 8ish years ago, i had a wallet with bits of bitcoin in it stored with company that went outta business a few years ago. so make sure to keep tabs on the company. 🤦🏻‍♀️
this is why you lot need to start using dna to store your seed phrase. i shit you not, people are actually doing that using dna data storage.
that's why you write it with a nasa pen. they can write on anything! you can have one of your own nasa pen's for .99!
hahahahaha glad i read the comments fuck
yeha lol. thanks to binance i was able to restore mine. paper wallets are not the way to go. stick with verified exchanges. turn on 2fa. and your good to go. they are proven to be safe. even in a hack, you would have lost.
mine is in a safe in my basement. not in my visible safe in my basement, but in a smaller one, buried out of sight. it's in a zip lock bag with desiccant in it, and more desiccant inside the safe. thinking about laminating the paper as well at least it would be. if i had any crypto.
yup i heard of some influencers w. the thing is they are already rich so the couple hundred thousand dollars is not that much to them, but still that is a hell of a lot of money to just lose for such a silly mistake!
the fbi is on your door for millions of no contact coins like that will ever happen.
oh you mean like my wife getting xrp and writting down the seed and passphrase or password and then writing down xrp wallet... well theyre all called xrp wallet, i lucked out since with xrp i can use the seed to put it in another wallet. now i take care of all that shit, we do not have a lot but it could be worth a lot in the future
a fireproof, waterproof, bugproof document bag is a good strategy. also never use pencil.
i knew i should have sold when i had two dollars profit
i bought 1 eth today. couldn't resist the thiscount
some sweet thiscounts is all it is! so long as you have fiat of course...
so you’re telling i’m not suppose to buy high sell low?
pour one for a brother too
charts are super fucked, most alt charts are outright broken. i'm even more convinced that btc will dip to just about previous ath, possibly wicking down to 19k, with alts looking even worse, possible to see a sub 1k eth at this point, imo. this could still be a short lived bear market though, with a rally in q4 and a new ath in q1 2022
which one do you prefer for dipping and which for mooning? a glass of bowmore 12 seems to sooth my losses
ibhave gotten to the point i dont care anymore
i became an alcoholic over the past 2 weeks 🥴
it seems like there isn’t a very strong market support or enough utility. there are still multiple devs going on which adds to emotional insecurities leading to huge swings in volatility, which allows a bigger gap for profit and loss potential than a stabilized market. that also helps market movers and manipulators have more leverage. a stable market doesn’t allow much room for profit nor loss. but even in relatively more stable markets, a market mover making a statement can have huge impacts in the whole system - federal reserve chairman mentioning interest rate adjustments, warren buffet making a comment on the market conditions, or talking heads. tbh, who isn’t in this for some type of profit, personal gains, or socio-economic contribution of some sort? it’s going to be a pretty rough next few weeks. hopefully recovers by july.
not sure this is the dippiest yet folks
yeah but that will be all but forgotten in a few months
take the whole bottle... do not be fool...
i cashed out early and bought the dip waiting for more dip
little dipper turning into a big dipper :o
i just bought again into this dip ... almost out of money
i’m gonna need a liver soon if this keeps up
don’t buy booze by the dip
how will you buy the whiskey
it's 8am and now you have me glaring at my jameson.
just bought more stellar and cardano.
to celebrate that you can buy more , yeah ?
plot twist: opens wallet after 10 years during another 80% crash
it’s on sale, time to buy more
if you drink enough you'll begin to see multiple lines err dips
better have a drink ready when you wake up...
this is a good time to buy even more btc and invest in high potential low value coins
i got you. yamazaki?
is this that big dipper thing i keep hearing about?
wait until you wake up...
damn imagine if you know what i know 7 hours ago. this am not no dip. this is the bear for sure. welcome to the crypto winter everyone. cost averaging and buying a little every day. this is how you get more.
take that whiskey money and buy the dip.
op is right though. back in 2018 or whenever the price for eth was crashing i “bought the dip at around ” with pretty much 60% of my savings at the time. had just left college so it wasn’t much, around . of course, the next few days and months the dip dipped all they way to like a . i honestly was so sad and depressed that i chalked it off as a loss and just forgot about it. i sold it all a few weeks ago for , all in all the portfolio was worth almost . best investment i’ve made thus far and it was only because i just forgot about my crypto wallet.
check out tradingview. even the free version lets you create a list of "favorite" assets that you can easily switch between candle charts of. you can also add some really powerful indicators.
no do not. it's bad advise. do not check prices every waking minute. but keeping on top of prices and news is very important and do not let anyone tell you otherwise. there are very good examples on this post as to why checking regularly is important. goodluck on your investments.
i’m sticking to what i know and that’s invest high and sell low. never failed me yet
lost huge on engima 2018, managed to recoup 70% of the loss in this recent bullrun only to find out the coin rebranded
100% agreed, you have to stay up to date on your investments, especially crypto as it moves so fast. some erc20 tokens (matrixai) i have are now worthless because i missed a deadline to swap them to a coin on another chain.
best thing to do then is to subscribe to wherever the devs do their updates. discord notifications in announcements channels for example.
and his example of matic is another one. matic is a great project and it solves real eth problems, right now. eth is going to implement changes that will could eventually leave matic as obsolete unless they continue to find other ways to optimize the eth network. if you do not keep up with this and sell when. it might work for btc and eth, but not every coin can just be bought and held indefinitely.
lost 5000 xlm because of this
what’s the best way to get news like that about specific coins without watching daily?
yup. lost thousands this way with a missed airdrop that i had to subscribe to. had a child and made a decision to not look at crypto for a year. airdrop was open for months. i missed it
there is a guy at my work who is in doge for the ‘long game’ 🥴
you could still follow op's instructions and then just create a google alert of [coin name] & "swap" & "deadline" and send those emails to a specific email folder that you check semi-regularly. no need to stay hooked to the incessent news cycle. let google tell you when it is time to pay attention.
help a dude out with where to check for things. this should be in the sidebar ideally.
keep spare money aside for that in shitcoin season. not much, but enough to have fun.
that's soooo april 2021
making a post about it right now ![gif](emoteemo_pack_1dancing_wojak)
nice when they leave the swap open like vechain did... i definitely shelved my stuff in 2018 and did not reopen till 2021 lol.
> because you know what happens when it ends. yeah! i get to go back to my intiial investment :d
i started last week, i made 300 into 280.
you just lose when you sell.
yes, *investors*. as in stock market index fund holders. the study was done on 401k's. crypto is speculation.
survivorship bias. you don’t hear about people finding stocks in their grandparents attic for companies that went defunct.
yes even apes or sheep do better. also goes for the stock market though.
i agree you need to keep an eye i'm it every couple of months. you can still exchange ven for vet though.
haha, could be worse. mines was in locked staking during the ath and was not withdrawable! i believe in the project and willing to wait through a crypto winter to accumulate more.
"set it and forget it"
the rest of the steps are actually bad advice for anyone staking. delegated proof of stake systems require some level of monitoring in case your selected validator(s) start behaving badly, by not paying rewards or getting slashed. and you still need to keep a record of rewards payments for tax purposes. it's better to learn how to emotionally tolerate market cycles than to throw away your keys.
yeah really. 1. check charts 2. check reddit 3. repeat step one and two for 16 hours and then rest.
how did you know that it will crash soon? what signs? im same, bought a lot of ada and xrp at .08 and .18 and made 200k, now down 100k...
what's ironic about it? 2k to 8k is 4x gains.
i believe in algo
if eth does not sort it is fees out in the next couple of years it would not be fine
i think moons will do no good for the comment system. people will comment without reading, a lot of people are already downvoting everything lol. just seems to increase the amount of low effort, unneeded comments existing only of 'to the moon'-phrases or just simply dumb and quick remarks
a wallet is way more secure. let's say you have a virus on your computer that can remote access. it would be very easy to log on and empty out your exchange, versus having to access your wallet.
why are you even here?
had 10k in eth in nov 2020 i’d been holding since late 2019. took it out to put in stocks. glad i doubled my money but could have 10x if i hadn’t been so impatient.
best thing you can do to avoid sell low buy high is to not have coins in an exchange unless you are staking it so i'd add to have some solid coin that let you stake like ada or dot so you also feel good by knowing you will have more of those by doing nothing
why do you belive ada is a hype coin, it looks like a reasonable project and is created by the co founder of an already successful coin. this would lead me to believe the man knows what he is doing, an dif he can do it once likely can do again...
dca is is the true way. also being aware of the market cycles does not hurt. buy more in the bear market, sell more in the bull market.
moons will still moon though. right??
eth shouldn’t even be considered an alt and did ltc even do shit the entire bull run?
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think i figured that out in my own! 🤣
did the same! guess we had to get into the market at some time. 🤣
haha yeah too many dips. i'm running out of money to buy dips.
it's (usually) a list of seemingly random words or characters that is used for recovering a wallet at any given time. it's unique to your wallet and only you should have access to it. google 'paper wallets' for further information.
ha...nano buyers only got like one fifth of the way back to ath this bull cycle. neo owners got about halfway there. not everyone was smart enough to buy ethlend and link in 2018.
you haven’t lost until you sell it. just hang on till they bounce back. hopefully you’ve invested money you can spare.
so you are still holding right? cuz that 800% will be like 3200% in 3-6months imo
i never met anyone who shorted btc and lived to tell the tale
then why are you here?
it saw a 300% increase in the days leading up to the entire market crash and had not build enough time to stabilise.
everything is manipulated lol
depends on how much you invest and what your end goal is i guess
depends on what you invest in.
wallets are used for cold storage of your crypto. you'll hear the phrase "not your keys, not your coins" in some circles. what it means is that by buying and selling on an exchange you're trusting the exchange does not up tu and you lose your investment. it's happened before... look up mtgox, einstein, or the latest one out of china. having an offline wallet ensures your investment is safe so long as your remember the passwords.
that’s what i’m getting from this post
oooh, i like free money. how does this work exactly? i have a binance account but have not used it much. would be interested in this referal thing though if you could spare the time.
every time you convert you lock in p&l and probably have to pay for the trade. you’ll just whittle yourself down to nothing.
ummm no. historically, most fail. statistically, none of these will be the top equity in ten years. something better, more secure and energy efficient will come out that is built on real fundimentals and will dominate. and most people will miss the train.
crypto social media can make money? how?
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sure, if you only bought memecoins.
i am fine with that. have already passed 2012 and 2017. this is another 4 years i just need to wait
you do not understand how wallets work.
tell me, what was the market sentiment before random fud news started rising from everywhere and crashed the price? did that help you predict this drop? sure selling some of your coins when its high and using that to buy more as it drops is a good strategy, but unless trading crypto is your full time job, is looking at charts all day really worth your time? at the end of the day the guy that just bought some bitcoin or eth 5 years ago and held it has made more money than most active traders. and idk what you mean with my alt account, this is my only account.
this is literally the opposite of my advice
step 1. open a new crypto.com account for the 0% fees for a month. step 2 spend that month buying millions of cheap coins in the hopes that they will make you a millionaire. step 3 check account. step 4 profit?
hmm short answer - no long answer - also no
i too can provide expert guidance on this approach.
fuck yeh, we'll get setup on fivver or something. then we'll blow all our profits on bad investments 😂
this is nothing , i sent 33k worth of funds to a wrong address. can you beat that ?
do you guys pay us to join the course, or how does this work?
if you don’t want your portfolio to drop just add more money!
i could be your substitute teacher
12k to 6k here, checking in.
same here. 20k to 10k.
went from 3.5 to 1.2 izi
went from 45k to about 25k not a good feeling. i actually sold at 62k btc then bought it back. sold my link and bought it back. i felt too attached. now i learn what not to do! you can’t rush crypto.
if you're in the states i hear they will pay for your blood and sperm
i never put in more than i could afford to lose, i think that is where a lot of people have gone wrong so i got no issue waiting this one out 😎
same here in stead of dropping all my load at once i've been buying in stages! can lose!
pays to watch it closer and wait. yeah my dips dip dipped.
that's why i've saved my last $. if you keep watching it was obvious eth was going to go below 2000, for instance, so i'm not going to buy at 1800... or 1500... i'm going to wait for the worst possible outcome and then even if i'm buying on the way back up, it is the way back up at 150 instead of 100 or 800 instead of 500, etc...
that’s because this isn’t a dip
you double dipped george
i put my hand upon your hip when i dip you dip we dip
why not just wait until you’re confident you’ve actually seen *the* dip? buy shortly before anticipated trough? more likely to lose tons. buy shortly after *realized* trough? less likely to lose tons. in other words, why not just wait for the price to appreciably recover such that you’re (relatively) confident the *the* dip is behind you?
i know this has been repeated nonstop since the drop but dca is the way to go
oh lawdy, she dippin!
when i dip you dip we dip 🎶
yo dawg. i heard you liked dips.
*me who bought the all time high* damn, that’s crazy.
that’s when you buy each dip the more it dips
that's why you set multiple decreasing buy orders tho!
just gotta keep averaging down till ya cant go down no more
always has been meme intensifies*
let me know when you buy the did so i can buy the dip dip. thank you!
buys keep on dippin dippin dippin...into the future...
dca my man, the dip will flatten out
so you just gotta keep on buying. it’s science
tell me when i buy - i will keep watching lol
i can only afford chips for these dips 🤦‍♂️
buy the dipped dip
what!?! me too…. i feel like i’m just bad luck or something
don't look. schrodinger's dip.
i had the lesson learned last autumn when i literally ran out of btc buying dips on alts. now i will just wait for btc dominance to dip
spread your buying. instead of 10k on one dip spend 1k for 10 days 🤷‍♂️
dips on dips and no more chips!
you buy in slowly at all times and minimize the risk.
we call that ‘the dipshit’
+1 i start to think that i am the one with the jynx :', it dips to heck
i put my hands upon its hip, when it dipped, i dipped - we dipped...
you put your hand on my dip and i dipped, you dipped, we dipped.
the big dip keeps hitting a bigger dip
it’s because a dip is a dip and a crash is not a dip.
the dips start comin and they don’t stop comin.
🎶 i put my money into the dip then it dips, you dip, we dip! 🎶
let me know when you think it’s a bad time to buy.
i'm thinking about doing that, but after i yolo'ed 3k into dot and it dropped almost 50% from where i bought, i'm hesitant to do it again. so tempting though and it brings my cost average down...right...right?!
ok got it... but damn, when is this dip going to stop dipping? i'm running out of money
nolan can make another inception here
i'm afraid so. if my hands weren't so 💎 the market might be rebounding frome me selling.
i hope you're wrong.
so the thieves have a nice easteregg hunt
get that shit tattooed on your body
keep *at least* one part of it in a minefield you trust
literally my grandparents, i gave them my seed phrase written down on a laminated business card and locked it in a[ tiny watertight camping matches box]( with a padlock, and had my grandpa put it in his safe.
also give a copy of the seed phrases and keep them at a different property!
or just encrypt the phrase and thistribute it onto multiple computers. i do not get why we need to use paper (yes i know it is safe against any digital attack). multiple encrypted storages are just safer than paper scaps imo.
make sure you make it as confusing as possible to give yourself a nice challenge 5 years down the road
there’s estimated to be 3 million bitcoins connected to wallets with lost keys. so yeah, everyone who’s not brand new knows someone who lost their keys.
i actually don’t think tradehill used seed phrases (i could be wrong) i can’t remember but my shit was locked with my fucking facebook password. the security was absolute garbage, literally nobody believed we were working with potential millions.
i love how "engrave it in metal" has become a reasonable solution. i just imagine someone with a welding helmet going at a sheet of metal
i posted mine on facebook and reddit. that shit is going nowhere
lmao storing your seed phrase digitally.
absolutely never do this. i love bitwarden and am a huge proponent of it, but crypto should be treated differently. if someone wants to store their seed phrase they should use something like crypto steel or cobo. your most important crypto info should always be offline and have redundancies.
what? i saved it in word doc
just the action of *typing* your seed phrase into a password manager, ignoring the fact of a password manager host being hacked, is a bad idea. never type your seed phrase into any device except a hardware wallet itself, or a completely air-gapped pc. key-loggers are a very basic thing, along with other malicious software. i could go on, but if that’s not enough to convince you not to do it, then additional info probably won’t do it either. if you’re going to be your own banker, at least *be your own banker*. the only thing i would consider using a password manager for is if i had a bip39 passphrase in addition to my seed phrase. the chances of somebody finding my seed hidden locally, knowing i even had a passphrase, **and then** hacking a password manager , etc, is relatively low unless orchestrated by somebody you trust... and at that point you probably would have fell victim regardless
i use a password manager for most things, but i will never enter my seed phrase into a digital device. no phone, computer, internet, nothing.
can you explain what makes a csv a safe option?
i tattooed mine backwards on my torso like in memento.
this is a terrible idea, csv certainly does not exist to store any sensitive data. this file structure is relatively convenient to pass data between thisconnected system, but at the end of the day it is an ascii text file in a delimited format. even if you are viewing it as binary stream, often utilities for viewing such things will automatically thisplay the text representation. stored as clear text you are storing it in such a manner that makes it far more likely that a bad guy would stumble across your data by default (accident) as opposed to something that would need to be specifically decoded. then you have location, cloud is just someone else's computer. really though it is potentially even worse than that. though it is been fixed, it was not long ago that researchers successfully spun up virtual machines on cloud services and immediately read prior user data from the allocated memory. this is because cloud services are run on giant data centers with bulk resources that get allocated to users across the system in an on demand manner. amazon and microsoft certainly have huge incentive to protect user data, but at the end of the day cloud storage is on a connected system and just like you should not store your pass phrases on an internet connected system, you should not store it in a cloud service.
i'm pretty sure the exchange does not matter so long as you have your seed phrase
it does not matter. you can access your asset's from every crypto wallet. you asset's are stored on block chain not in wallet.
you have a link?
yeah sometimes it is where all the gold is. especially recently with all these up and down, a lot of people who posts havent been through all these events and are talking out of their a**.
those were the days
lol ...same. after that big crash last saturday, it bounced the next day and i had like 1. should have taken it back then ... lol
lol. the days i had stillprofit seem like a century ago. hope some day to see again at least break even
i cannot even say that. i've never been up on crypto, not even for a minute. currently sitting on a portfolio worth about 40% of what i put into it.
damm it, no fiat in my pocket. can i pay with my body?
discounts or... dipscounts... the p is silent
no. there’s strong changes happening. we saw the market react to simple elon musk tweets. the main thing this told us that the market was too weak and would fall down hard if actual relevant news came around, which is what’s happening. all this means is speculation is over, more fue from states will come out since now that one did it the others can as well without feeling so much pressure in the crypto race. crypto needs more real uses that defi to be stable, and that’s alright. it’s a long term games.
you're gonna love the thiscounts in the next 2 years!
no fiat, no fomo. *inner peace achieved*
i spent my fiat on the pre-dip dip. i bought the dip... then it dipped.
correct this is crypto not wsb
no, you're supposed to buy low... and sell lower xo
here you go 🥃 cheers!
when i got in around march and started watching youtube and reading articles and whatnot, there seemed to be a consensus that we would just fly high til september or october and have a 100-200k btc by end of year. people laid out june and july as big months. 🤔
yeah some were predicting a consolidation in q3 for a rally to commence in q4 i dont have anything in crypto right now and was getting my feet wet with daytrading! so i'm loving this drop, i knew it had to come but im too noob to fully play off of it. i decide to continue learn about tech and fundamental analysis as opportunities always come, but with this drop im definitely going to buy and just hold instead of play.
wow—the first thoughtful comment i agree with in this sub—ever.
laphroaig quarter cask, caol ila 12, lagavulin 16. the taste of burning peat just goes well with the scent of burning money.
scapa skiren for dipping and auchentoshan 21 for mooning
switching to vodka now... whiskey is finished!
i do not want to wake up... or i do? this is a nightmare
what about buy low and sell lower? seems to be way things are headed in this 7 layer dip.
finally someone with some sense
best way to support your favourite project! this is the way.
lol i just found out it rebranded... right now. also a 2017 buyer. oh well, it was only :1 swap then i wouldn’t have even recouped all my losses
even with all the upcoming eth changes, it will still have scalability issues. this will put it in danger of things like dot and and ada eating up their market. matic is an excellent complimentary project that is being adopted at an unprecedented rate and i cannot see that changing even after eth 2.0.
it intimidates me to hear that there can be a shitcoin season too
fry the clip, and yodel until you have diamond hams!
seed is not enough. you must also know the derivation path
i'm using the biggest broker in the netherlands(so i'd trust them not to steal my seed) and they say they keep the user's wallet in cold storage. so assuming it does not go out of business, how safe am i as long as i remember my password?
haha i'm so glad vechain did that. i would have been so mad at myself if i lost those
im sorry man. my other friend just got in too after i had been telling him for months. hes also down. :-/
lol i started 3 weeks ago. turned .
thats not the correct way to look at it. if you hold on to a crypto which goes to zero and goes out of business, the money invested is lost. along those lines, if you sell with a 15% loss, you still have 85% of your assets. assuming that cryptos continue to fall well below your sell price, you can now use that liquidity to buy a lot more cryptos at a lower price. i originally bought eth at . i held. it went to . i still held until it was . but looking back, i wish i had sold for a 20% even 30% 40% loss and bought back at . i would have made much more money.
thank you. i wish i could have every person subscribed to . i am a *huge* believer in this technology and i have a good bit invested, but the way people are approaching these investments—how do i say this?—many of them would be better dca’ing to 401ks, roths, mutual funds, etc. the idea that hodling is a sure thing is absurd. it could absolutely happen—but there is literally no proof of that. for most of these people, putting this money in any index fund—s&p 500 or even any of the vanguard ones—is a much better decision. that has been proven, and been proven for decades. i’m sure i’ll get downvotes for this because i’m ruining everyone’s fun, but the idea that hodling is going to make you rich or even a little bit more wealthy—it’s pure speculation. people give posts like this waaaaay too much credence.
nobody want to know how lambo :(
it had all the same signs from 2017 peak. people telling you to buy, fake news etc plus tether pumping the price! people who never listened to me when i said buy btc at ... take profits and wait for the next cycle! i shaved 50% of everything on the way up and cashed out a lot of ada when it last pumped because i knew it would dip again. i kinda hope ada drops to 40p or less. as much as i want it to hold £1 it would not. we will see it back to 0.10p or something i bet in a year. then it is times to buy millions of them ;)
subreddit subscriptions have grown exponentially. many "noob" posts. everyone is hype to be here. many whiteknights to tell you when something is "fud." no suicide hotline memes. anytime the market looks exuberant like [this]( you should be willing to take at least your initial investment or 2x, if you've had that kind of luck.
it's not bad. but it is ironic because op used those numbers as his example of "messing up".
we all believe in algo
algorand in the mix, if it gets traction quick it’s well placed to make a a sizeable impact in the crypto space.
why is this down voted? it's good advice. except the staking on the exchange bit. native staking is superior imo.
compare dot to ada then tell me why you would pick ada other than hype.
ltc went from the 40s to 400 lol. and what other coins have been around for 10 years and are relevant??? ltc is on every single exchange and will be at the top of lists forever compared to your favorite shitcoin.
i thought i was buying the dip until it dipped almost another 50% xd
so, then is not it enough if i remember the password of the app i used to invest?
yes. hodl is the only way.
good question. started this year with crypto. doubled my initial investment. now i am down where i started. i know if i keep on looking at it i will paper hand. is money i do not need and can afford to loose so i am going to put all im a ledger, remove trading apps and log off this place. i am setting an alarm for 2030 or for when bitcoin hits a million. whatever happens first.
unless you live in a non first world economy where 15k has much more purchasing power, it is not even close to rich. this advice sounds like it was given by a teenager with no concept of how much adults make in a single paycheck.
that destroys the wallet
suggestions were eth, dot, matic,
so what i’ve got is almost half a coin of eth should i get a wallet?
there are free conversions for dai, that is why i recommend it over other stablecoins. also yes that is the point, locking p&l is intentional.
this was posted by market sentiment? if you had read about it a bit people were expecting a correction would happen anytime. musk making bitcoin crash was a trigger and anyone could have said so when it happened. with a crash like that you do not need to time anything. i also mentioned a very good strategy you do not even touch what you already had in the market, just add another 100, sell higher, wait for another dip to buy again, do not even need to spend your time in front of a screen, just set your orders and check every few hours. worst case you just bought more at a better price than you would have two weeks ago, congrats, just hold on to it looked you're doing with the rest of your investment! you cannot invest in crypto and set it and forget it, that is a lie. 99% of all the coins, not even eth or btc, because there is nothing to back them up and they can be manipulated easily and they can be replaced easily. if you want set it and forget it investment you go on the regular market, buy vti, voo, spy, some etf in the markets you believe in and voila, people will make sure your money does not end up in companies that are going down the shitter by doing exactly what i said, watching the market, exiting positions that do not make sense and investing where it does.
mi esencial interés es que toda persona entienda y tenga acceso a guías para incursionar en las criptodivisas. no es mi objetivo contradecir a alguna persona.
as soon as you sell losses as a product you’ll win.
oh fuck. no i cannot.
ouch! i'm sorry, buddy
wow. i'm so sorry. i'm super paranoid about accidentally doing this. if i transfer even 5k of something i do it in . the fees i pay are a small price to calm my anxiety.
i’d like to heat the story behind that one
that seems a little too much to be true. but if it is, that is hard.
makes me wonder how buddha would react.
> 33k worth of funds to a wrong address. can you beat that ? omg brother i love you
you did not send it to me... you made someone very very happy today!! (sorry bro...!)
that’s losing money 101. i can almost guarantee they’ll cover it on the first day of class when they teach you how to pass out your bags.
hold, homie. it’ll come back eventually.
i bought sfm because with dropped from .000008 to 6, then tanked to 3... bought celr at 7¢ after it dropped from 9 and then some more when it hit 5¢ and now it’s at two. fml 😂
7 layer dip mmmh
the redder it gets, the more i hodl
should make a group chat to arrange buying and buy right after each other causes a dip
yeah man catching a falling knife is fine as long as you can keep pumping money in it all the way down
people that have been a lot longer in this will take profit now and the more people take profit the more money turns away the lower it goes. so and this people will wait with buying again until they are sure that lower is not possible
for real, if i had hidden phrases in my house with worthy amount, i would probably get a few pitbull, doberman and let them free in the house lol. better protection than cameras, at least when i'm not at home...
while i get the baseball bat
please video the scavenger hunt and post here.
gotta kill the artist after that.
i found my . had i only gotten in a year earlier.
my buddy mined bitcoin way back in the day when it was not even worth pennies. he just did it for fun and had 300 bitcoins. he forgot about them and threw away the hard drive they were on. some landfill has
does this mean one day in the thistant future there will be one accessible bitcoin left? the last bitcoin.
how many original actual coins do you think are buried in the sand from being lost at beaches?
or yah know, a ten dollar engraving tool from literally any walmart or hardware store on planet earth
they sell engraving kits at amazon a small metal sheet and some tools so you can punch in the letters, maybe you need a hammer in addition to the -60 kit
dremel makes a pretty cheap metal engraver. its basically a tattoo gun for metal. my job has scrap steel all over the place so i just grabbed some of that and 30 mins later ive got a few copies hidden around the house.
if it is good enough for someone who works with modern security issues for a living...
what the hell are you talking about. a password manager is not automatically online. keepass exists.
why not both? add a 25th word also called a pass phrase to your seed phrase. engrave the seed, story multiple copies in your house and your parent's for example, store the pass separately digitally in an encrypted password manager that is backed up into the cloud and has version history (and). they would need to break into your house, find the seed, know what they are looking at, steel your pc and find your password db, or hack your cloud, *and* then hack your password db, *and* find your pass phrase entry which is stored as username for "[netscape.com]( or whatever... the chances of becoming a crypto billionaire are higher than that ever happening.
this is such a scare tactic. if someone has a key logger on your computer, you’ve got bigger problems beyond worrying about your crypto. say goodbye to your identity also the odds of this are lower than someone breaking into your physical space and physically stealing your things
so if a password manager is insecure, where do you plan on storing it
safe in terms of not smudging the letters and not losing it because it is digital. in terms of protecting the information or securing the location, that’s a bit of a different situation.
i cross-stitched mine into wall art for my boyfriend’s home [edit: my wife’s boyfriend. don’t have a boyfriend or girlfriend...not sure where my wife is these days. probably with her boyfriend. i just live in my rental car]
every major cloud provider has easy-to-use 2fa. having a breach from a microsoft or amazon is much less likely than someone getting into your home network. csv or a notepad file are admittedly not the most secure or appropriate file types, but they remain available and easy to store. if you protect your cloud storage location with 2fa, you shouldn’t have to worry about the local file types, so you can prioritise availability and integrity. if you want another layer of security, .zip your csv or notepad file and put a password on it, but that’s another password to remember.
don’t fear, one day you will have 3 dollars profit
ada is a great project with great fundamentals and talent, you'll make money in 1-2 years when we see the next bull season. not financial advice but dcaing while staking does not feel wrong to me.
jokes aside, you can actually sell 'hair' to get fiat and then buy the dip
sell your kidney, you only need 1 anyway
i think some exchanges accept kidneys. you have two of them for a reason right?
the large dip on tuesday was caused by a lot more than a tweet from elon... stop giving him so much fucking credit. we had the inflation report in the u.s. and china's fud announcement on the exact same day before the crash...
definitely is a long term game. we’re very early. even the stock market itself starting out had insane crashes and bull markets. lots of volatility.
these purported hash rate adjustments due to china, iran, and india will last 2-6 weeks adjustment... then there are the “market corrections,” “usual” hedgie-style pump and dumps, and indications of panic selling and fomo buying small risers and artificial dips. of course, these are all shown by obvious and some not so obvious wyckoff distribution patterns all over the charts and graphs suggesting that there’s “potential” “market manipulation” going on. yeah, this might take us back to april 2021, or even march, and january. i wouldn’t be surprised to see even december 22, september 2020 or april 2020. hodling with a grain of suspicion, nervous hands and some common sense. not buying artificial-dip dips anymore. gotta hold “some” fiat for food, water, and shelter. i got mouths to feed. :) i’d prefer and hope to see it go up, but i also have to be realistic with a healthy dose of skepticism too.
people are predicting a 10k dip even, so hodl all you can
make sure you still have enough for rent and food :)
we're going lower than 28k you can quote me on that one😬
oh good. i’m doing it right.
mean while in real life june is the worst month seems. i could have to eat my words as bitcoin recuerda this week and hits 100k by june. the point is nobody knows it truly is a giant casino no matter what anyone says
it's because almost everyone making crypto predictions is just making shit up, and nobody knows what's gonna happen tomorrow let alone over the next year
laphroaig does have that smokiness i love, nice selection there crypto friend.
cheers to that 🥃
buy at levels bro learn simple price action even for investment i'm a daytrader myself i do forex. learning to chart will benefit you or anyone even for long term investment
the way i see it people who caught the falling dagger last time are sitting pretty, so why not? just dca all the way down.
it's a dip inside a dip on top breaking thru to yet another all time dip. it's a dipseption. close to depression i guess.
7 layer dip? im enjoying a 25 layer dip
i’m elite level trading. i turned 15k in 2017 to less then
dot is not a ethereum competitor, dot is a layer 0 relay chain, while ada is a layer 1 alternative to ethereum.
hi. can you explain to a n00b what scalability issue eth has? i read somewhere with 2.0 that it’ll be able to do 100k transactions
i mean we are in shitcoin season.
no problem. i was hoping to make a few quick bucks for a new pc. but i am in it for the long haul.
thats assuming you know when the peaks are gonna peak
yea what about the people who bought btc at a dollar? they could have sold a million times on the way up and if they did they would've fucked themselves.
timing the market is rarely a winning strategy. you will never know where the top of the peaks are nor the bottom of the valleys. so sure, you can look back and wish you had bought more at a certain time, but you're making a bad assumption that you would have had the foresight and knowledge of the future to do so. maybe you'll get lucky, but a vast majority of people will not. you raise a valid point about losses from coins going to zero, but the better strategy there is to diversify. don't go all in on a single coin. if one investment goes to zero, hopefully your gains from other coins will more than make up for it. at a certain point, this is all a gamble. there's a potential for big wins, and a potential for really big losses. there are risky bets that can net you a huge increase if they work out, or a complete loss of they do not. there are more conservative bets that will likely continue to grow, but would not be nearly the reward as the riskier bets that succeed. overall i would say that what you're putting out here is bad advice for the average crypto trader. one thing worth noting is that crypto currency is now subject capital gains and losses on taxes in the us, so it may make sense to strategically sell at a loss to offset gains or take a credit. that said, this seriously complicates your taxes, and you need to have good records of what you bought, when you bought it, how much you bought, how much it cost when you bought it, and all the same for a sale. that's a situation where i can see doing what you suggest - sell the loss when it makes sense in this scenario. you'll free up some assets to invest in a coin that is performing better while possibly not losing a dime due to capital loss write offs. disclaimer: i'm not an accountant, this is not informed tax advice, do your own research and talk to a professional if you have questions.
he’s not saying never sell
i think people for the most part understand what you are saying. the issue is hodling on an index fund will take quite a few years to return the gains that crypto can give you from a cycle. and we here are greedy and want to get rich now.
idk bro, i just dont believe that everything will crash so hard again and every hobo will invest all their life savings into ada, eth, vet and other coins which pumped so hard from the 2018 bottoms. everyone already know which coin will be expensive in future, dont think the big players will give them a second chance to become rich. in 2018 nobody knew that ada and eth will pump so much, now everyone know it.
yep i really like algorand. i'm approx 75. planning to stay that way to late summer but keeping my eye on eth. if the promises of 2.0 and sharding etc look like dragging out i'll be switching that ratio. i'm not going to be loyal to coins just for the sake of it.
shitload of people just entered sell low buy high club and they are salty hehe indeed native staking is better but with dot you need a pretty large sum and it is not as straight forward as ada for example. so kraken became a really good alternative
ada has a host of good reasons, the strongest being its led by the co founder of eth. the man has experience... please, do not answer my question with a question. youve done nothing to answer why you thing ada is a bad investment.
its always going to be in a lot of portfolios but mainly because of how long it’s been around. that doesn’t mean people shouldn’t also stock up on algorand or ergo during the bear run.
usually you would not even get them for your exchange wallets. you can (and eventually should) transfer your coins to a wallet that you've created and own the private keys for. there's plenty of different wallet types e.g. hardware wallet, paper wallet, software wallet,... each with pros and cons. in terms of safety you're best off with hardware(unless you store said passphrase(s) somewhere digitally). as it seems that you're not in this for too long i'd suggest to read up on some of the basics before being head over heels in on this only to realize you did something bad. you're playing with money here, you should always be informed about what you're dealing with.
think that is a good plan, this will just stress you out. luckily my hubs holds our big money wallet, i prolly would have caved already. he's helping me not cash my wallet... but it is so hard. think i am going to do like you, just pretend it is not there and check back in a year or two.
that's a valid point. it's all about perspective i suppose
then just convert to usd and not risk stable coin insolvency. anything that has to be called “stable” probably isn’t. i converted all my gusd into usd and left crypto alone. i highly recommend you do the same.
a correction, sure, i was expecting a correction too, but not a 60% crash, i sold some of my crypto and put it into stocks to wait for the correction then used that to buy when btc dropped to 40k, now i am just going to wait a couple weeks and if this really is the end of the bull market and we keep gong down i'll use the rest of my stocks money to buy eth and dot at very low price and just forget about them until the next bull run in a couple years, yes a lot of cryptos just go to 0, but for stablished projects that have been there for years like btc, eth, link or xmr that is very unlikely, see you in the next bull run :)
oh so it seems like that guy you , good for him i guess.
you am not seen the kind of blow i've been doing 🤢
just be new to crypto, download metamask from the wrong website, go to metamask sub and dont read anything, ask for help, dont read metamask bot that now comments on every goddamn comment, then respond to metamask support, click on link, enter seed into phishing scam. done. money gone.
at least you have something, here i'm getting rugpulled project after project.
i put my hands up on your hips.
beat me to it. leaving my comment though lol
went to comment this, but then said -- surely someone has already done so. ' a job well done.
don't you people have safety deposit boxes? edit, i get it. you guys switched to crypto for some of the same reasons i switched to a credit union. no joke, before we had internet my banker told me to get rid of my credit card i had the longest when i applied for my mortgage. this was one of the things he had me do before i applied...the fucking asshole. (in the unlikely event you are not sure what that would do to my credit score; it lowered my credit score. having long good standing open credit accounts is good for your score. if my credit score is lower they are able to provide a higher interest rate).
if i'm in your house with the intention to steal millions in crypto, then i'm already prepared for your silly dogs.
they may not be anything known to be aggressive, but i’ve got 12 shelties. given the high number, no one wants to try it. there’s a scummy trailer park down the road from me. some neighbors the next block over warned me when i moved in that theft was high here. the copper had been stolen from the air conditioner before i moved in. i’ve been here 12 years. someone tried my door one occasion shortly after i moved in. i was in the shower. dogs slammed the door hard barking, jumping, and carrying on. by the time i got to a window in another room to check, they’d left. no one has bothered my house the entire rest of the time i’ve been here. people know i’ve got them. to the point when any similarly fluffy herding breed is loose nearby, people show up asking if i’m missing one of mine. when i’m on the road with them in the van, if someone approaches the vehicle, they’ll go nuts too. sounds like they’ll eat someone. sometimes on the road, weather will be nice enough to leave the sides and back open instead of running the ac while i’m eating on a patio. someone will foolishly try to walk up on their crates to see the ‘cute fluffy dogs’. they’ll immediately regret it as the dogs scare the hell out of them by reacting. it’s their car... their space. they don’t want strangers walking up on it. someone can stay back 6’ and admire them, but they can’t walk right up and stand in front of them. it sets them off. don’t get me wrong... my dogs are otherwise well trained. they compete in dog sports, so they have to be. however, that behavior is one i will not train them not to do. as a female who often travels alone, i prefer they protect the vehicle. and the house.
oops. the dog ate your seed phrase.
get a few pitbulls and write the word on their collar tags,one per dog
get half from one artist and another half from a different artist. that way you do not have to murder.
plot twist: they did their own tattoo
think of how much that few grand could be in the same amount of years from now.
oh my fuck, that’s the first story that made me feel better about what i did 😅
and someone with with that expertise is more likely to not fuck it up compared to the average person which is why that advice is a terrible advice.
man dude, calm down. yeah keepassxc would be decent, but even still many people recommend never putting it anywhere digital at all because of the risk of keyloggers or trojans. each person will have their own comfort level.
engraved into a sheet of aluminum, locked in a physical safe.
yeah, the only time i would feel comfortable entering my seed phrase into a csv is if it were on a device that is not, and never will be, connected to the internet. and even then i wouldn't be comfortable. it's just not worth the risk... i've heard stories of people who took a photo of their seed phrase with their phone and ended up getting hacked.
er, they do not need your wallet address if they have your passphrases. better to put your csv in a password protected zip file (7 zip can do this). be sure to use a very strong password (zip files are crackable) but one you'll never forget (obviously). personally i do this but also write down the seed phrase on paper and put it in my parent's safety deposit box. added benefit: if i get hit by a car, they can use that money to pay for my funeral. :p
ya i personally wouldn’t trust a cloud account either. hard to find the perfect solution, but stamping your recovery passphrase on a rustproof’t forget is hard to beat!
pencils do not smudge or fade, homie.
your bf’s wife will be grateful 😁
then you will wait for 4 dollars and lose 3 dollars.
don't tempt me, frodo
dca for sure. i have fiat on the way. and hopefully some tendies from 🚀🆙🌕 :)
algo is an order of magnitude better
don't got much hair left, do they take pubes?
step 1: sell your 1 kidney step 2: buy shitcoins step 3: your shitcoins triple it is value step 4: sell your coins and buy a new kidney congratulations, now you have a brand new kidney and money!
great depression in the early 1900’s says it all...beginning stages (first few decades) of the stock market...
people predicted a 100k peak too 🤷‍♀️
but if you truly believed in further dip, you would sell now and rebuy at 10k? it's hard to know the best decision. hodlng just limits how bad your mistakes can be i guess.
i predicted the current crash right before it happened. i still do not see stability. my prediction is now below . you can see my timely prediction here: [ edit: people. come out of your echo chambers. you down-votes are hurting everyone. facts prevail. another crash is coming: [
i bought too early on the way down. now i’m setting lower limits.
definitely true. i mean i’m still buying! i was mostly joking about the selling part.
this is what i dont understand. are there really this many people on this sub, who are losing their hair because they bought big, at huge highs? the advice to follow, above all else has been to dca your way into your long term holdings. observe the climb, buy the dip, continue to hold. what the fuck are you all doing? follow the only advice that shoudl be written in fucking stone.
i got you beat there. i don’t mean to brag, but, i’m diamond level trading. i sniped the the moonshot on tip of the green spear cream top and it suddenly fell the moment i hit it...it was the most accurate shot ever...lost most of my stash within a mere minute. still waiting for the tumble to finish, so i can recover... :) waiting for the next moonshot just to make even yo! beat that! :)
dot is the ultimate competitor to any network, especially ethereum. with polkadot parachains you can run any app from any network and on any network, it is scalability and compatibility is infinitum.
not anymore we're not.
i miss that show!
yep. if we all knew that, we'd all be swimming in cash.
people buying today will never, ever see that magnitude of gains. even if btc goes to , those who bought at the peak get a 10x.
theres a lot of times that selling with a loss is still a very good option. thats all im saying. i just dont agree with this idea that a person should never sell at a loss.
exactly, just hodl forever
it will, look at eth how much has it lost? look at btc the same. we will see lower amounts. i wouldn’t be surprised if eth went
i own a stack of algo as well
research is important. i’m not blaming the currencies, it’s just the market. it’s very volatile rn, and tbh, i think we are fixing to be in a year or two bearish run...i really hope not, but markets been on the up since jan 2020 really, gotta come down eventually, and as my luck would have it, it would be right as my dad gets me into investing. the way i see it, it’s just a test it my hodl ability. i intend on see it through. i would suggest ada, celr, and matic, but i’m no financial advisor, but they seem to be getting the most positive media lately. edit: xrp is also predicted to hit , so do with that what you will.
if it dips i dip, you dip.
uh , excuse me... consent?
so going to the bank to store your crypto? the cycle is complete.
my dogs will attack you... with kisses. bring cheese and they will show you were my safe is located too.
the dogs are coming with me.
i was reading this wondering what coin a sheltie is.
step 1: buy bacon step 2: bring bacon on heist step 3: encounter dog step 4: feed dog, throw bacon into closet step 5: close the closet sheesh it’s like you guys have never robbed someone before
are you hoping the 2nd artist cant read what the 1st tatooed? 🤣
well right now it is a few less. still hoping that btc stays the value holder but i'm not positive it always will be. either way it is some fun money and i'm along for the ride.
well i guess since most of us are not experts in physical security either, we'll probably just fuck that up too. probably better to just give up huh.
because physically writing it down is so much more secure lol. if you do not trust the cryptography of keepass, why do you believe btc is any better? they're based on the same principles
use stainless steel or titanium, aluminum melts far too easily in the event of a house fire (just in case you weren’t aware)
safes are ridiculous easy to crack
it really depends, doesn’t it. a cloud location with 2fa is way more secure than a csv on a home location. you can also .zip it and password protect the .zip file. being breached due to someone gaining access to a photo of a seed phrase is pretty nuts though!
even typing the seed phrase in to a csv file on an internet connected device is a risk i am not comfortable taking.
write it down. split the passphrases into 2. one paper has the first half, the other paper the second half of the passphrase. copy that papers. now you’ve got 4 papers. put each paper in a different safe deposit box of a different bank. if one bank gets robbed, nothing to worry about. just copy the stolen passphrase and put the copy back into the cracked bank - she won’t get broken into again. after a couple of years take the phrases out, cash out a bit. with that money build your own house with a safe in a lockable room. put the passphrases in the safe. hide the real password-input-interface somewhere in the floor. whenever you enter that room, the entrance gets locked. if somebody breaks in and tries to put in the code in the safe-interface instead of in the interface that’s hidden in the floor… well everybody knows, what a locked door and a flammenwerfer-wall would do to an intruder… you should be able to build something with the money you got from crypto…
uhm, yes they do?
wow meant to say “my wife’s boyfriend.” wishful thinking over here!
algo is the way
if they are long enough, i think
i went long on merkin futures and lost my ass. be careful, man.
you can take them to the pube fair.
*buy a 2nd hand kidney
if the radiologist spots a third and fourth kidney in a patient, there are only two possible diagnoses: 1) that guy has a genetical defect. 2) that guy invested in doge big-time. well, come to think of it, that is two names for the same phenomenon...
all i'm saying is i've heard valid arguments for bitcoin hitting 20k this summer, right before fall, shopping season. edit: and i've thisabled my sell option. hodl is the only option i have.
with models and graphs too?
constantly revising your predictions does not make you a guru. you're nothing but a reporter.
i, too, shared many of these concerns. so i sold all my holdings 8 days ago. i somehow miraculously missed the crash. but i’ve been surprised that doge hasn’t been the coin to either start the crash or to crash the hardest. yes, it’s down, but still above $.30. i have some limit buy orders in place right now that i set so i can get back in at low prices. a couple were triggered last night. i think we very well could be in a bear market but i don’t mind holding if i buy low early in it.
he was sooo close
i'm not familiar with dot. what are its down sides?
it’s just been a week
what show is this?
you're assuming that another coin would not come along at some point and eventually supplant bitcoin. look how quickly icp blasted to the top 20 coins... new coins are where these gains are still possible, but obviously it is very risky (just like btc investing was back in the day). i remember taking profits with btc at 't fail completely. if we are talking general investment in crypto though then yes obv you are correct. we cannot 10000x from current mcap of 1-2ttrillion.
my comment want about comparing potential gains. it was dusting you cannot time the market consistently and you end up fucking yourself
and how do you know when those times are? i used to think like you when i was a new investor. i'm guessing you do not have consistent money being invested to help you average down?
i sold everything bro...
i could have a whole eth!
i think it will be the coin that changes a lot of lives when things kick back up. ergo will be a nice play too if you accumulate a bunch when it falls in under a quarter.
the consent in implied when you put your hands up on my hips. anyways, i do not think a guy named freak nasty was too worried about rape culture. that was his cousin, geek nicely.
don't you people have memories?
get the tattoos in different places. the guy looking at my right armpit won’t be looking at my left buttock.
"give up" no do the better thing which is physical.
if your device has any malware then keepass will not help. it is why people should never enter their seed phrase digitally whatsoever unless they know what rhey are doing. writing down and storing it in a locker is better.
thank you for the tip!
yes, but you are also assuming that the device you are typing it into is *already* secure prior to entering the seed phrase. all it takes is some malware that is built to specifically look for seed phrases, or even to be targeted by a keylogger (unlikely, but still not outside the realm of possibility, especially if someone knows you have crypto). to me it just does not seem worth the risk.
yeah that is fair enough. i'm not wealthy enough to be that paranoid. and i'm pretty comfortable with the safety of the device i'd use as i'm an infosec guy. but i do not thisagree with you... it is a valid concern.
no... no they do not. a mechanical pencil is not going to bleed in water or fade in the sun... only these modern day ink pens of yours cannot be used for archival purposes. pencils are better than pens for storing a seed. and, steel is obviously better than a mechanical pencil.
can you tell me why in a couple sentences?
grow them out, shave them off, grow them out again, shave them off again, tape them together.
i can do french braids with mine, i hope they accept me.
this convo made my day, seriously. thanks!
even the pubes are getting shorted
i'd rather it womb fresh
now excuse me, ill go make a new coin called kidney just to hoard kidneys.
i am no guru. right. i have not revised my prediction. everything happened as i predicted weeks ago. the data is 100% holding.
i published my latest article. [
doge will suffer the hardest. only a matter of time. if i were to suggest, i'd say do not buy any dips. i am about to publish another article. bottom is probably way below you think. i say avoid, avoid, avoid.
i'm not invested in dot at present (i sold a couple of weeks back and put it in bitcoin like an idiot) but from the research i did, the only negative thing i can see that would stop dot from ultimately dominating this space and realising its full potential is the inventor(whatever you want to call him) - dr gavin wood - as nobody seems to like him that much and you barely here anything from the man! therefore there is something of a subdued vibe generally around dot and it just does not get the voice- because charles hoskinson is regularly engaging with his audience and people like him alot! and in this crypto world that is all you need to get the cash pumping in!
the eth smart contracts are a better mechanism, generally. here is a decent breakdown:
where i live, we experience all 4 seasons in a week.
eh at this point there is enough icos that it is not much different than gambling on penny stocks. yeah you can get lucky with a good project that skyrockets. chances are you're just gonna bleed out on 20 other shitty ones though, even if you did your research and they sounded promising. it's not surprising that crypto attracts the same mentality of people that got hugely into day trading during the dotcom bubble.
yes but the reward:risk is totally skewed at this point. crypto is massively overvalued and overhyped in terms of the moonshot asset everyone makes it out to be. basically my point was you would not be getting the huge gain that the early adopters got and the situations are not comparable, so it might be prudent to adopt a more active management style and take some off the table.
as long as you made huge gains, just set aside money to purchase again. even i bought ada at 45p and just kept buying in stages to average down. my first purchase of ada was 0.01p which i still hold 50k of them but now i have funds for future purchases and i will always hold 50k ada and have another bag that i will build and sell.
i had 40 eth at £80 sold at £90 year later £2500 but i sold lol
well his bantering among other things didn’t help, yes. but i won’t say he alone messed it up.
oh my bad - my hands have a mind of their own sometimes... geek nicely has real rapper name potential!
no, but i have tattoos all over my body telling me what to do.
yeah i did at one point but i forgot them
i try not to
can’t remember what i had for dinner.
i like this but do the armpit 1st and then keep arm down while you get the buttocks done. and proof check their spelling! and dont explain what they mean to anyone not even your so
for me, the risk of losing the code is much higher than a cloud service getting hacked, my code stolen, then my money stolen. aside from etching my code in a metal plate i'm much more worried about losing it
i do not even see it as being paranoid. i know that chances are i'm not a target... i also know that they go after long-hanging fruit. so it just makes sense to me to take precautions that take no extra time or effort just to ensure that i'm not hanging low.
look, i am not sure why you’re so confident in yourself about this, so it’s pretty clear that you may not be very open to other ideas, however, i am a traditional artist and i use pencils (mechanical and otherwise) on a daily basis. i assure you, even the hardest grades and the most hi-quality leads (hi polymers, nanodia blends, etc) both smudge and are not immune to water. even with the best quality papers (bristol boards, aquarelle paper, etc) i always get pencil smudges on my hands when using. admittedly, i tend to use softer grades most of the time (hb to 2b), but i guarantee that they all have this issue (from 2h all the way through 7-8b). even the ‘non-erasable’ kind. engraving, wood burning, and using a laser etching would be the most permanent ways of keeping track of something non-digitally. hope this helps anyone thinking that mechanical pencil writing is permanent.
staking opportunities, incredible team, silvio micali, ppos, to name a few
been growing pubes for months waiting on this dip
i need a pubic wig, and will pay handsomely for it!
now that china is out of crypto, no more cheap uighur kidneys...
because i invested what i could afford to lose in ltc, i'm looking at major losses if i sell off 25% and try to use it to make some back. that's not a valid strategy for me or my long term portfolio. glad it is working for you though.
day trading is not for the faint of heart...
> the data is 100% holding. you wanna know how i know you're full of shit?
i can’t believe what an echo chamber this sub is. thank you for providing a rare alternate view. i made money in the 15 weeks i’ve been in crypto. i sold at the right time. if i go back in, it will be cautiously and only with some (not all) of my profits.
i like gavin this way tho. i dont like the cult of personality around charles. instead they should improve their marketing team. thats all i need.
agreed but i guess i'm just saying that the risk is arguably the same risk as early investors in bitcoin took- high risk high reward. there was no other choices back then but it was still extremely unproven tech that we only have benefit of hindsight to say was successful. when mt gox was hacked and china first banned it looked like a death knell. some people do not appreciate just how risky it was back then and look at it through today's lens with widespread adoption and backing. in other words, there is no "safe" way to make the same massive gains as btc early adopters did without having an equally high risk appetite as they did and not completely exitting after just one bull.
should have sold at 1.5 per ada before sleep, i wanted to
i do that, and i have a pocketful of polaroids.
i tatted my seed phrase on my bicycle spokes.
also buttocks one should be mirrored
what if someone takes your keyboard and looks at it?
yes, soft pencils are designed to smudge, as is the intention for artists. the majority of mechanical pencils used by non-artiats can write on any ole sheet of paper, get rained on... and you'll still be able to read the seed. this is why i'm saying is better than ink for archival purposes. not as good as steel, but pencil is > than ink. period. i'm so confident because i've tried it. your soft tip pencils are obviously not the standard pencil.
here's a million sites that agree with me (just do not include soft artists pencils that are designed to smudge, of course... but even those are likely still > than ink)... you're not claiming that ink> then pencils for archival purposes, are you?!
that''s why i like reddit!
we'll toss some hair relaxer in there, smooth things out 🤣
isn’t there a pubecoin already? elonpube or something like that
i mean, anyone who overlaid a wyckoff distribution over the price of btc the past four months would've had data that is "100% holding"... just an observation.
i would like to see facts, please.
a few listened to me and saved the money with my 2nd may prediction. now it is winter as predicted. so, i say stay away for a while. dip after dip after dip expected. my articles explain the whole game.
mostly agree, back then though like you say crypto was unproven. nowadays every idiot has heard of it, look at the bullshit worthless icos that get hundreds of millions or low billions market cap overnight. i just do not think the environment for those gains exists much at all in this space anywhere close to what it used to.
when you sell, never look back with a "i shoulda" because that is emotional trading. making any profits is profits.
look at this photograph
you’re clearly out of your depth. the hardest leads you can buy are usually 2h, and (amongst other things), the reason they are hard is that they contain more filler than graphite. this makes the ‘lead’ harder which leads to less transference (not only once written, but also when writing in the first place), which makes the writing much lighter. this is traditionally used by people who want the lines to be easily erased without a trace, whereby you also need to take care in pressing too hard, as the common reaction to such lightly coloured lines is to press harder…
your original claim was that mechanical pencils don’t smudge or fade. that claim is false, sorry. and it also depends heavily on the grade of the graphite, which, most people have little clue about. i’m not sure why you’re ‘straw man’-ing me with the ink thing.
i did not use wyckoff thistribution or any charting. i used fundamentals.
nobody can predict this shit 100%. if you could, you have no excuse to not be a billionaire right now.
god this is such a good mentality to put yourself in.
okay, thanks sensei x
i checked resea's website. this is the supply chain method that will change the world. *"we trace the plastic back to its extraction site and monitor its onward journey up until delivery at a waste bank."* the scale of data we're looking at here is massive. if they can do that, they can do it from the factories themselves, to the users, to the waste bank and limit the inefficient waste management that led to the pollution. accountability. good on you vechain.
just curious, but where does all the plastic go once it is collected from the ocean?
i wish the resea project had as many followers as the kardashians and the paul brothers
can someone who actually understand the tech give me an eli5 for this. as someone who uses tracking and logistics tech, human error will always fuck it up. like what if they mis-weigh a load, that false number just gets verified by the blockchain?
this is the linkedin in post. please like and share if you can. not just for vechain but for our oceans
this is why i invest in vechain. real world usage that is improving the planet
and here i felt proud picking up that one stray burger king cup that i saw rolling on the street.
good news but can someone explain how this helps the ocean? why does trash collected in the ocean need to be verified on the blockchain?
please come to coinbase. one of the two projects id love to invest in
take your doge to the vet
havent heard much about vechain since recently and i really like the project, gonna find out some more things about it and invest. thanks for the article op!
i think i'm gonna invest in this. good cause.
when i was 15-16 i “worked” for a “company” that “raised funds” for “charities” turns out the “owner” pooled all the money. donated about 3%, wrote it off on his taxes and pocketed the rest. after that experience i just assumed 95% of all charities were scams. edit. this is awesome and seems very legit
why doesn’t this make the front page of news sites? instead i get a huge photo of arianne grande edit. this was bbc.co.uk - hardly a tabloid new site
where’s my vechain pump
vechain and holo- the only 2 coins out of 9 in my portfolio i think will make a change
been in vechain since 2017. a project with real world use cases... it's one of the reason i prefer to be invested in this over ada. too bad today's hype involves dogs and safe or moon whatsoever. it's a matter of time for this gem.
so...we could use blockchain and basically never have to worry about vote counts because there is a ledger that can’t be changed 🤔🤔🤔
top 10 project easy. bought more this dip, easy buy.
so your mom finally got out of the water, huh?
go vechain! it may be the most underrated crypto rn
i saw the headline and in my mind assumed there must be some type of large equipment that sucks the plastic up from the ocean. then i saw the vid and found that this was accomplished by men using individual fishing nets. this is incredible, really have to hand it to these people. but imagine what they could do with funding and large equipment.
alrighty, i'll hodl some vet for the turtles.
just give me 0.39 cent vechain, please lord and china.
can someone explain how a blockchain can verify this as fact if there is still the human element of people on the ground needing to witness this? pardon my ignorance
any proof of this on blockchain viewer?
love to see this!
now let us see if it actually gets adopted. let's see just how much people actually care lmao.
i do not even care if my vet ever goes up it is just nice to own some and read news like these
best exchange to buy vet on that’s not binance? (my state doesn’t allow it)
what's this? actual uses for crypto?
this is what we need. a crypto with real world use that also proves to be good for the environment. not just with this plastic news but also the carbon emission they are working on. news like this helps crypto move more towards mass adoption. go vet
really amazing that this project decided to use and appreciated that vechain's blockchain platform was the perfect for managing and collecting all the data. we can really start to see the potential and why so many companies are adopting vet.
i'm ignorant to this. what is this project? this is something i would like to get behind. where can i find info, and vechain is involved? i dont know much about them, i'm new to the space, thanks.
congrats to resea and the guys at vechain 😯
if mcafee’s dickeating anticipation was a gem of last bull-run, this news is the gem of this one
watched this myself and find it an eye opener. then i tried checking the statements that were made in the documentary and found (amongst a lot stuff) this one from the guardian. [ ' not saying we should not take care of the ocean and protect it. i just feel that is a damn shame that the team behind this documentary seems to be a bit on the lenient side when it comes to actually reporting the truth of what is going on.
and that’s just the fake boobs from orange county
i wish i had more more money to buy even mode - this thing is going to 5x in 12 months imo
just because of this i am going to hold it long term. hoppefully they will deliver.
this is incredible. we need this kind of verified information in this age.
thisregarding what one thinks of this or that projects, we need blockchain companies to work on use cases that will be useful for this world and that cannot only be finance. good on vet and hope more projects will follow!
new spacex program ,burns doge coin that propels a rocket filled with plastic waste.
to put this in perspective 6.3 million tonnes of plastic are dumped into the ocean each year, so we're dumping as much as they removed every 20 minutes back into the ocean. we're fighting a losing battle with ourselves need to start by not dumping any in the first place.
ok but what we need to do is take all that information and break it down for people with no knowledge of crypto or blockchain and show them that this does not happen without the tech, and despite what some media would have you believe, it is something good for the world, and not silly fake internet money for nerds. if we truly want mass adoption, we've got to show the rest of the world why they need to hop on board. or, just keep what we're doing and let folks like karen musk manipulate the market whenever they want to throw a tantrum.
sounds like a coin to hold for years. real world solutions will bring more interest.
vet is as wholesome as it is bullish
this seems like a really promising crypto currency. any recommendations on where to invest in it? it is not available on coinbase.
it's not verified by vechain. it's verified on vechain by an organisation. there's still a middleman in supply chain blockchains.
it still requires an honest person operator between the data input and the blockchain, no? serious question
good for the environment. love to see more real world usage. :)
vechain casually bringing its technology to play its part in saving the world! i have a feeling this is just one unexpected usage of blockchain and there will be so many more to come, it is just a beginning! 💪🏼
the important thing here is that trash got removed from the ocean. the vechain part is completely irrelevant and does not matter. a real human being had to measure that waste, and then store it in the blockchain. ok great, but what exactly is the point of the blockchain part? the waste has already been measured and removed. the actual problem has already been solved! the hard part about getting trash from the ocean is removing the trash, not "verifying" the trash has been removed. the way you verify it is by removing it and seeing it piled up on the beach. now vechain has to keep this irrelevant data around forever. there is nothing about it that requires robustness or censorship resistance of a global broadcast database. storing this data forever is the equivalent of storing the spam in your email inbox forever. they have effectively removed the trash from the ocean and then transferred some digital trash into a database.
how much of that was fishing nets?
this is a great example of how every leap forward in tech carries with it both problems and opportunities to improve our lives and protect our world :) great story!
the best part is those 305,000kg are just a beginning 💪🏼
good to see other companies out here doing good shit i thought "the ocean clean up" were the only people doing anything, this is dope!
i was just watching the movie "bound" from the 1990's or something. literally days and days spent trying to locate then clean and count a suitcase of money. the movie is obsolete by crypto. as are most movies about "where's duh money"
on the same day, twenty-million metric tons of plastic was dumped into the ocean.
where can i purchase vechain as a canadian?
between 8 to 14 million tonnes enters our ocean every year. in the united states and canada, a ton is defined to be 2,000 pounds (907.18474 kg). (google) so minimum of 16000 million pounds per year, divide it by 365 that is 43 million pounds per day. they picked up a drop in the ocean pun unintended sadly! please correct me! edit: correction edit2: i cannot believe it myself
anyone know how this plastic gets repurposed?
hey george, the ocean called... there running out of plastic !
can this be used to verify information such as toxic waste getting thisposed of properly in the first place and avoiding the ocean altogether?
okay. now embed this waste into a landfill : /
take the award! they deserve it. glad to provide support for vet onboard!
can someone explain to me where this stuff goes afterwards? i’ve obviously seen so much throughout my life of trash cleanup, ocean cleanup, etc... but like, where does the trash go? in a methane-hotbox landfill? incinerated?
funfact vechai in vietnamese means trash collector.
what’s the best exchange for vet in us? was gonna get gate.io but the reviews were terrible
whats is the dollar value of this plastic?
need an infographic to show how small of a dent this really is. it’s awesome news and i love to hear it but it seems like when stories like this come out people just pat themselves on the back and move on. this is an awesome start
way to go! glad to see this positive news out there to bring attention to vet and blockchain
vet is so thisgustingly undervalued
we've been bullish on vechain for a long time...but with it is supply at 65 billion...will we ever see a substantial growth... it is been struggling to get past 25 cents for well over a month now. just slow tanking. why does it struggle this much, all i've seen is people talking about it positively?
i am so glad how vechain turned out. this and waltonchain were hard shilled back on 2017-2018. atleast one of those two made it to be a solid project.
vechain is honestly one of the coolest projects amoung the new gen cryptos.
member when it’s subreddit would trash on anyone mentioning vet - i member
ah well. know where i'll be putting my investments.
cool! so, they fucking tax the fuck out of literally everything else, why not tax plastic use? if you make walmart pay a serious tax for plastic bags alone we'll see biodegradable shopping bags at walmart in a fucking week, tops. ever opened a kids toy recently? guarantee you hasbro would not keep packaging everything in thin, single use plastic if they have to pay more to use that packaging than an alternative. tracking the waste is so awesome. hopefully it will lead to holding everyone accountable for fist fucking the environment so that their product can have a cool. i will be checking them out big time, probably going to drop a few hundred on it if my initial impression continues. buy biodegradable bags not made of polyethylene for home trash! recycle, recycle, recycle! very politely and carefully teach others about the process, and necessity, behind recycling so that they will build a conscience towards it! use glass storage containers for food where you can, besides, they do not superficially melt when super hot food boils on them in the microwave. support local recycling programs, i do not have one where i am so i have to collect it all for a few weeks and then take it over to a recycling center.
you guys should watch seaspiracy on netflix, plastics are a relatively small percentage of what's destroying the world if anyone is very serious about saving the world you limit the amount of sea food as well. don't get me wrong this is an incredible use of block chain technology and its getting me very excited about other possibilities.
672,938 lbs? that's almost 200,000 ducks; a system of measurement that makes as much sense.
well, if somebody typed it into a database, you know is true!
is there any potential in vechain?
now if only vechain could verify a gain.
so the vechain blockchain is full of garbage now? and on a more serious note: why? why would you possibly need blockchains for this? what's the point?
love the idea, but you gotta ask, does this need a blockchain solution?
672938 lbs or 305 tonnes is probably the amount that gets dumped into the oceans each minute or so?
good shit vechain fam.
what? this isn’t verified by someone. it’s literally being entered by some bitch who gets paid less than i do. how do we even know if the data is correct?
so what now, send it overseas to be burned?
fuck off plastic this is so good.
couldn't be more happy with resea and vechain! added more in the dip.
i'm confused. if agents higher up the trash chain (eg landfill) can detect shenanigans from agents lower on the chain (waste collector), what prevents the highest agent from dumping it all back into the ocean? what if one company claims to do all steps, from collection to storage. they could verify that their own fake trash is moved around. does dmv send a guy to check on the trash? and why can i buy coins of this blockchain? does it deal with coin transactions next to trash? what can i do with a coin in real life?
*now if they could remove the trash elon too, that would be great!*
eventually china will use it to track humans too
i do not think vechain is a cryptocurrency, though it certainly is based on blockchain
so ocean and vet right?
someone please explain to me why a blockchain makes this tracing process any easier
why use a blockchain for this. pointless.
they should get involved with the ocean cleanup comp
need more fish in the ocean, without the fish, the plastic problem is irrelevant
336.469 tons, this is a good achievements but 336.469 tons when 6.4 million tones are dumped in the ocean each year is nothing to celebrate over. that's around 17,500 tons per day.
wait so how is vechain able to verify this?
plastic needs world wide ban
the only news of veechain nowadays ... i hate it , i brought it at high price and i can’t short sell now. thought for long term , but given there’s no news of any projects on vet whereas cardano brings not only good investors but into nft as well .
> verified by vechain you guys realize that this is just some poor bitch getting paid in vechain at a rate of like a couple of bucks per hour to sit there and enter in some data, right? it’s not verification. it’s literally data entry by some human.
vechain is the ccp. please do your research.
but china doesnt care about your plastic nor the air pollution.
not trying to be an asshole but why the fuck is this posted to cryptocurrency
does anyone know if it is in the article what the ultimate destination for the plastic is?
is there any crypto project helping with reforestation and? i only found . i do really like the general idea of environmentally friendly use cases.
how is vechain connected?
anyone else interested in helping to save the ocean should check out aquagoat.
is there a blockchain solution to stop the plastic getting in the ocean in the first place?
this bullrun is far from over.
it’s turned into ppe and pp then upcycled in to usable products
wow, sounds lucrative! 😂
never selling my little bag of vet. waiting to buy again in bear market
if only crypto mining's energy could be used to mine the sea of plastics
amazing. keep it up!
672,938 lbs of plastic waste removed from ocean, verified by vechain
ayy that is amazing!
is there a place to donate?
why is not it mooning
we should all be deeply ashamed...
infinity pounds to go.
that’s a lot of fishing nets
this is just amazing news!
vechain is set to change the world.
vechain is going places, cannot believe people still shit talk saying it is a scam.
we need vechain in coinbase people.
nothing will save humanity as we know it besides a large scale shift away from profit driven economic systems. that is the only way forward. humans love money too much to do the right thing.
so was it all fishing gear or what!?
hope they upscale this soon. looks like they spent about 4 months removing about 3 months worth of plastic.
where is the link with more info? 🤔
yassaaaas vet! i am really new to this space but i took a punt on this crypto a while back (as in, 3 months ago). feels good!
can someone explain vechain to me? or point me in the right direction?
so every day 8 million pieces of plastic make their way into the ocean, how much of thar was removed?
so glad vechain is doing so needed like this! this felt wholesome
oh snap, so happy to see philly mentioned in a positive light!
i wonder if the oceans are rising because of dumping garbage. if you put a cup of ice and water out and let it melt, the water level actually goes down. and considering the density of saltwater, diluting the oceans would also lower it assuming my theory is correct. any info on earth below the arctic circle could sway my thoughts but assuming they are floating i may have just had an aha moment
despite the amount of damage done by crypto, this is amazing!
man, that is a lot of wasted created by bitcoin...
yeah i can punch numbers into a database too 🤡
the problem with vechain is that things that start with the letter “v” make people think of vagina. vaseline, etc.
does it pass the “do we need a blockchain for this test?” i think not. vechain will always be centralised garbage - not to mention china are known for manufacturing climate data.
can’t wait for the chinese government to step in (which they legally can do) and use it to track people and enhance facial recognition in xianjing! bullish! real use case!
what? what’s vechain this looks rad!
i'm not trying to be a debby downer, but vechain adds nothing of value to this process. the waste is removed regardless of vechain, and the records are kept, regardless of vechain. adding a couple hashes to a blockchain does not accomplish anything.
typical bs. china are well known for manufacturing climate data. this project runs a poa consensus mechanism with oversight from the chinese communist party themselves. no different to a chinese bank. also i’m sure they’re loving all your western data!
good news? time to dump!
*verified by the ccp
we should just fuck it and sent it into space. seriously.
so, send it back to india and china?
love the environmental impact here, but i still struggle with the use of blockchain for logistics. ultimately you’re trusting a small group of sources (maybe only one) for the information getting loaded onto the chain. it has the guise of auditability.
maybe i am daft but how is vechain blockchain tying in? are they stamping plastic or something and putting its id in blockchain or something?
that's pretty horrifying hi-five humans
according to elon musk it was all generated by bitcoin
meanwhile china dumps 1 mio lbs every minute into our oceans. r.i.p
>they can do it from the factories themselves, to the users that's a bit of a stretch, i do not really see plastic manufacturers voluntarily applying a track & trace label to every unit they produce. nor do i see the user voluntarily sharing their purchase.
it really is a beautiful thing.
i’m trying to find links to the block explorer showing this data. is that a reasonable ask? isn’t all this a public blockchain after all. anyone know where to find the proof?
and yet my 80% vet portfolio is still at .16...
so will this be a big brother blockchain? the plastic will be tracked from factories to the users too?
this is good for vechain.
16,500 upvotes?? lol we should be at .00 if the sentiment is that high.
which is why companies would not want to use it if they know people throw their shit in the garbage
right back into the ocean. recycling!
it's towed outside the environment.
it’s burned and the smoke goes into the sky where it turns into stars.
some countries actually buy it. china used to buy waste from the u.k. until not long ago they decided to stop. now the u.k. is starting to have a waste-fill problem
any that can be recycled gets recycled, the rest just goes to a waste deposit away from water i imagine
they turn it into sporks.
i actually have boxers made out of ocean plastic, so i can confirm that at least some of it does go into good use :)
recycled (but likely only a very small amount, as plastic is actually very difficult to recycle), and the rest into landfills. landfills are not great per se, but to my knowledge they are less likely to have such deleterious effects on the environment than ocean plastic
romania will [buy it up and burn it illegally](
it's dumped in poorer countries, e.g. turkey:
i love when a valid question like this gets answered mostly by redditors trying to be funny thanks to those who replied with real info
a pineapple under the sea?
plot twist: plastic gets buried in a landfill.
depends on what kind
shot into space! will clean it up in 100 years there. and we’ll verify it
of course they burn the plastic after
they transport it outside of the environment. it's not in the environment anymore
recycled. i've got several items made from plastic recovered from the ocean. just for example, [this suitcase]( is made from 100% recycled plastic.
it is sent to make implants. which the people like kardashians use, as someone mentioned in some comments.
actually, the kardashians are kinda doing the environment a favor by inserting plastic into themselves
or even at least 1% of them lol
people prefer to idolize useless celebrities like the kardashishiashishashians than people who actually save the planet. sad but true.
i don’t know any of those. are they famous and respectable people such as scientists?
resea sounds great. the whole "verifying the plastic we collected via an immutable blockchain blah blah blah", however, is a bunch of garbage. they could enter any data they wanted into vechain, and there would be no way to know if it is accurate. garbage in, garbage out. this is the problem of vechain and while it will never see wide adoption, despite their propaganda.
who are they??? i have heard of the resea project but not the other names at all 🤔
well why would they need the followers when the kardashians could be the source of plastic for them?
this is the future
its a real shame the general population doesnt give a flying fuck about the health of this earth.
i think every charity should be using blockchain to prove that they are actually using money properly now. i will only donate to ones that do that
my only issue with that documentary is the name. conspirasea was right there!
mother nature did her part in mumbai -
this documentary was seriously frightening
cleaning the ocean isn’t the solution though
man that was straight up depressing. i've always known the self serving cycle of corporate charitable contributions are not always the most noble acts they make them out to be, but charities funded by industry designed to make consumers feel bad instead of focusing on macro issues is such a corporate dystopia. lets all use paper straws to save the turtles, problem solved.
thanks that is what imma watch now
i went veggytarian after seeing seaspiracy. man what a sad thing thats happening.
for the record, the seaspiracy doco is well known as bullshit pushing a vegan agenda. same as cowspiracy. do some googling. i agree strongly with the genera outline of the message but dont like outright unsupported nonsense being peddled as facts to support a point on either side.
dude, just saw that doc randomly yesterday. holy shit man, it’s insanely unbelievable. the world is so fucked up :/
sad you chose to ignore the public warnings about plastic waste until a recent documentary.
forever annoyed they did not call it conspirasea...
that "documentary" is so god damn awful lol
so, you had no idea before watching it? really?
it gets verified by multiple independent parties. so essentially it removes trust between companies. the company that is shipping all the waste plastic could just be dumping it all back in the ocean, or the recycling company could just dump it all back in the ocean. it gets tracked at each step and you can verify where each bag of plastic was from and where it went. if say a weight was mis-entered, the next part of the tracking on the chain would catch that
as someone who works in logistics, would using something like vechain be any better than current systems? again, even if a shipment goes out and they forget one box, if they forgot it, they are still going to say they sent it, right?
can someone explain to me why this cannot be done with other crypto such as eth for example ?
the real world use case is what really got me into vet. i did not even know about vethor when i bought and i sure did not know it could be used to help clean up our real world.
heard the name but never looked into it now i’m homestly going in on it and add it to the portfolio
there’s so many more use cases as we explore using vechain too. many exciting news to come, i’m sure.
crypto utilized for something besides trading? wow
hey friend! just bought vet after wanting to for quite some time (wish i pulled the trigger earlier!). do i automatically earn the vtho just holding my vet in vechain thor wallet?
love the mission, but the consensus protocol is proof of authority. which is by definition, centralized. from my understanding, the whole point of blockchain is decentralization.
nah good on you
it makes sure that it is actually happening instead of eventually just being dumped back in the ocean
it does not for any reason whatsoever.
or, two thursday from last thursday give or take a month.
if there is any project that deserves to be on coinbase, it is vechain
vechain is my fave crypto not gonna lie
i am so bullish on vet. not even funny anymore.
and good solution to logistics
this is actually not an unhealthy assumption. charities are extremly broken.
this is why i find it hard to give to charity, i want my money to be going where is should be. charity organizations should have their books completely public (of course not doxing people)
,231. aspca ceo salary for 2017.
i have similar suspicions. much prefer local charities that exist in your own communities or appeals (flying a sick kid out to the us for unique treatment, for example)
because the average joe cares more about ariana grande than this. it's sad, but it is what it is
why are you continuing to go to those new sights?
upvote 👍 but i think it would be better to invest in both. vechain is cheap at the time and cardano seems to be liked a bunch and of some more reputation. i think either could likely be valued more in the future.
omfg could we actually push for that so we don’t waste time with recounts and shit
vechain is the crypto with the greatest use case i've ever seen.
it gets verified by multiple independent parties. so essentially it removes trust between companies. the company that is shipping all the waste plastic could just be dumping it all back in the ocean, or the recycling company could just dump it all back in the ocean. it gets tracked at each step and you can verify where each bag of plastic was from and where it went. and then the donor to the charity can essentially track what their money is doing. it being on the blockchain prevents the companies from lying about what they are doing and just changing data or faking it after the fact
the hard work is done by resea and dnv. the same result would have been achieved if resea(which i'm sure they did anyway). honestly, do not think the vechain stuff actually added anything of real value here. maybe it made collating the data slightly easier? it' cannot have been that many boatloads though.
hahaha , not me i want this coin to go up
regardless of where you end up buying it, make sure you’re holding it in the vechain wallet so you can generate vtho passively
use the vexchange wallet on ios i think, it has its own wallet which you can generate vtho and stake vet
that's giving me early 2000s vibes.
well they did it through dnv which is even better, as dnv is a huge global accrediting company. dnv is pushing vechain on all their customers for tracking things.
you can join the vechain reddit page to start 👍
binance, kucoin, crypto.com, oceanex
that is what dnv is for. "the certification from dnv provides independent proof of our progress and traceability of the total collection process." they have the 7 step process on this page what they are also tracking is that the companies in between them and the recycling, and not just dumping it back in the ocean. each bag can be traced from the pick up location to the landfill
the vechain part is relevant and does matter. (well obviously this can be done on any blockchain, but it costs about 5 cents to do it on vechain and would be thousands on eth) it gets verified by multiple independent parties. so essentially it removes trust between companies. the company that is shipping all the waste plastic could just be dumping it all back in the ocean, or the recycling company could just dump it all back in the ocean. it gets tracked at each step and you can verify where each bag of plastic was from and where it went. lol the amount of data this is is literally kilobytes, its completely negligible amount of data for any company
oceanex without kyc works well. withdrawal limit of 2 btc
the supply does not really mean anything. crypto prices move in percentages. it's never been ? it's all time high is .28. it's .165 right now. but yes you are right the price absolutely does not reflect the usage or sentiment around here
in the uk we do this. you need to pay extra for plastic bags, and you're encouraged to bring bags . single use plastics are on their way out here.
that's not how it works, that is the point. you cannot fake the tag, that is the point of blockchain. so the companies independently are verifying what they are doing on the blockchain, so some random company in the middle is not doing something wrong because its verified on both ends
the most potential out of any crypto project right now in my opinion
the charity is using trusted 3rd party verification and recording its activities on an immutable public ledger to basically lend itself legitimacy
well hopefully someday the rate we get shit out bears the rate we pour shit in.
a great first step.
they recycle what they can and thispose the rest in landfills. it is much better to be in a landfill than in the ocean. the plastic in the ocean is a huge problem
maybe the trick is just stop talking about elon.
wish elon would take the next rocket to mars and fuck off
wtf are you talking about? 🤦🏼‍♂️🤦🏼‍♂️🤦🏼‍♂️
>all data is stored securely, time-stamped, and immutable. as the post says, it is secure and immutable, thats what the blockchain ensures. as it is decentralized and the blocks are immutable, there could be no monkey business with the stored data. is the tracing process easier? - no, it is the same.
>0.3 tons, this is a good achievements but 0.3 tons when 6.4 million tones are dumped in the ocean each year is nothing to celebrate over. that's around 17,500 tons per day. huh?
the mood was the opposite when vet was pumping a couple of months ago, right after ada's run (which was nicknamed a stablecoin at some point). i'd hodl if i were you!
what? they're not paid by vechain, nor is vechain there. resea is using the vechain blockchain to immutably record the data, and its verified by dnv
lol you don’t get it at all
shhhh... why cannot you just let them have fun in make believe land? why do you need to be such a realist?
even if what you say is true (it is not), we cannot solve global issues such as ocean pollution or climate change without china on board.
this is taking place in indonesia lol
because vechain is relevant to cryptocurrency thiscussion?
don't think so. you can get a demo
no, no demo required...i'm good on that. i'm looking for an answer-what was actually done with all those many tons of plastic?
there's some good info if you read the comments in this thread. you can check out the subreddit r.com
since vechain is poa, it is one of if not the greenest blockchain in the world! the energy usage is incredibly low as there are no miners
right, and chinese companies are known so well for producing accurate climate data!
lol i know i should not engage a sinophobic troll, but what's stopping china from using any public blockchain to do that? also per your other comment, why does china need a public immutable ledger to track people? wouldn't they be better served with a private database that they can modify as they see fit? just making this comment so others can see how stupid your arguments are
disagree. it gives legitimacy to this charity and more people will donate to charities that can verify what they are doing
we already have a problem with space debris too
i should have extended my thoughts. i'm looking at the overall supply chain management system. not just on plastics, but on authenticity of an item. if we're scoping just at what vechain could do with their current partners, we're looking at car parts, luxury items, halal meat, etc. an efficient waste management is to have little waste management. the way they are doing it focuses on the accountability on your thistributors, and assurance of delivery to the customers. seems like this would benefit on eradicating counterfeited items from being sold as authentic as well. thereby, health care items, luxury brands could benefit from this. it's not users voluntarily sharing their purchase or location, it is knowing in real time which thistributors are doing what that focusing on just-in-time supply chain management to avoid wastage. resea focuses on one scope, but the technology seems to be able to show some variety in its functions.
the polymer mix is traceable back to the original manufacturer. because of this we have learned that something like ~20 companies are responsible for ~99% of the plastic created. don't quote me on that, it is not exact but it is close.
the only nation where i can see this happening in the mid term, is ironically reddit is numba one public enemy. for all the hate, they sure do implement beneficial policy real quick.
this is the draw back of vechain. it's impracticable to adopt so it will never 'take off' in a meaningful way.
unless they could make it into virtue signaling. then they’ll be all over it
responsible governments could mandate it.
if they do not, boycott them
you are wrong, they will not have a choice because if they don’t suppliers will just choose manufacturers that do adhere to track and trace labels. transparency is wanted at every level of the supply chain.
both beautiful and bullish
curious to know as well, but it sounds like confidential information? i’m reading more. seems like they are using similar tech to trace goods from lvmh brands too. can’t find anything yet.
if they have the budget for each plastic, sure. but that is not plausible. what's feasible is to have an immutable ledger that tracks an item from point a to point b to confirm the intent of the project. in the resea case, it would seem that they want to make sure the extracted waste are delivered to the waste bank. there's a good chance that what they marked were the containers.
not really. heavy machineries could benefit from this. parts can be refurbished. luxury items can definitely benefit this, as in the resell market for the middle parties; or the manufacturers to understand which items are actually used by end users and not just stuck at their thistributors. we're looking at a different kind of ordering and maintenance system here. ' >people throw their shit in the garbage also, knowing period of use or possibly why people are throwing the stuff that you sell into the garbage bin is crucial information for r&d.
they're making a second ocean. the plastic ocean and they are gonna fill it with swethish fish.
it’s the circle of liiiiifee
a sad , until we modify how waste is managed there is no stoping plastic into the ocean.
from mother ocean: fuck you.
came for this, was not thisappointed. :-)
what do you mean "outside" the environment... and how the hell did the front of the ship fall off!? ships are not designed to do that
... into another environment...
they burn it like vitalik burned shibu
that does not sound right, but i do not know enough about stars to thispute you.
now it is being sent to turkey, to be burned. big report in the guardian about it yesterday.
yeah, and then china just dumped it all back into the océan, if i'm not mistaken ?
it has a huge impact on many other countries in europe as well. when china and some countries around africa stop recieving europes trash and toxic waste the responsibel consumer market hopefuly be forced to come up with better green solutions.
do they do mma, too?
and you have something to blame the smell on! 😋 sorry
which could end up in the ocean again but in smaller pieces i guess.
absolutely nothing wrong with pineapple on pizza
it'll still inevitably go in the ground after they die though
archaeologists of the future will be finding skeletal remains with boob implants sitting inside the chest
you made me spill my coffee you beautiful fucking asshole
ya got me and ily
will someone please think of the gamers
it’s also because people like those people for entertainment value not humanitarian value. if people can market their profession in a way that makes it relaxing or stimulating and you can watch, listen or otherwise engage with it, people will idolise them in a similar way. e.g. david attenborough, bob ross, carl sagan, bill nye.
bit rich considering half this suh gets there rocks off to elon musk
the same people that follow that bullshit go on and on about the environment.
to be fair to the k family they are very charitable people.
so which of these two types is elon musk?
out of all the famous people out there kardashians are the least deserving of their fame, the fact a family can become that influential off the back of a sex tape makes me lose a lot of respect for america.
do people really? real people, not kids and airheads. i don’t actually know anyone who watches their shit or keeps up with them. i’m wondering if they’re just manufactured corporate celebrities...you know like billie eilish.
you're missing the idea... the idea is for every step of processes to be verified in a way that cannot be changed or manipulated afterwards and if it is for that change to be evident, then if the process is inaccurate somewhere along the line, that step can be isolated and the reason for the thiscrepancy to be resolved.
this is why vechain has partnered with well known certification companies like dnv, pwc and grant thornton. see this article, under the heading stop spreading your bullshit fud in here. and furthermore, your comment can apply to any smart contract platform
>vechain propaganda are we back to 2019 here? the statement was released by resea themselves, not the vechain team. for the rest of your comment, you should look up the role dnv plays in the vechain system - there’s a reason one of the largest accreditation and standardization firms* is considered a main partner. iirc the resea is under the guidance of dnv to ensure the data entered is creditable.
but you seem to misunderstand how data storage . granted i do not work with the same standards(i work with explosive atmospheres, such as equipment for oil rigs) but it will be a similar process. they are using dnv gl mystory, which means they have to comply with the standards and quality requirements set by dnv, and are also audited to ensure that they do. dnv will audit their methods of data collection and vechain is used to ensure that data in between audits cannot be tampered with. therefore, if dnv find a problem with the methods of data collection (or anything else they are auditing) the company cannot pull the wool over dnv's eyes and tamper with previous data, or make it difficult to obtain
\>this is the problem of vechain and while it will never see wide adoption, despite their propaganda. it's true that it makes little sense to use vechain as 'verification' of a single stage in a process. but extrapolating from that to thismiss the entire project is either deeply thishonest or wildly ignorant. its value is in verifying multi--stage processes, step by step. hence the word 'chain' in the title.
i like vet but i'm not sure what the benefit it provided here was, really. bit like going to tesco in a ferrari
i do not know either but if their names appear in the same sentence with kardashians, i think they are useless and we really do not need to know them.
fuck i wish i did not know who the paul brothers are.
also not founder of paypal as he claims.
this! useful blockchain technology is a wonderful thing. i'm proud to hold vet, i feel like i'm doing good and doing well at the same time!
i genuinely went "wooooooooooooooooooow" when i read that because its such a fricken good idea. complete transparency. no bs. i'd only donate to ones that did that as well.
whooaa!! easy!! charity show it is using money properly... you're asking too much there 😅 lol. we can only hope ✌🏾. seaspiracy really opened my eyes
i thisagree. we already hold non-profits to a much higher standard than for profits, which is why non profits are all so small, and talented people instead decided to work on for profit ventures. check out this ted talk for more on this. it’s one of the best ted talks of all time imo:
we have things like charity navigator for that, humans analysing how a charity operates is far more interesting and useful than "putting stuff on the blockchain". it's like some people try to actively not understand how trust works (delusions of "zero trust").
there's another popular documentary about a similar problem called cowspiracy. they're both about how our food industry is ruining the earth. the name's a reference.
i still do not understand why they went that way. when you think about it "seas**piracy**" does not have the same buzz to it as "**conspira**sea". one takes you to pirates related stuff, the other to the conspiracy going on. was a no brainer if you ask me.
haha. i said the exact same thing!
right we should honestly quit eating fish at this point. i have.
wait untill you hear who developed the idea of the carbon fotoprint and why. (spoiler: it was british petroleum in an effort to make people feel like they are personally responsible for climate change instead of the 10 or so companies who do 70 procent of emmisions)
real talk though: fuck fishermen. they wield an outrageous amount of political sway for the their meagre economic presence. i like fish, but i would easily give up eating fish for ten years if it meant that i didn’t have to hear from whiny-ass fishermen for a decade. yeah, i get the irony of my username. it’s a reference to a book. real talk round two: why in the fucking world did they not call it conspirasea?
yes, lost my faith in the team after cowspiracy. i admire the intent but just 6months after it came out half the sources used were either broken, granted by soy council(no problem except they complain about beef council doing the same thing) or intentionally misintereoted the data to extrapolate the largest numbers. seaspiracy was good at highlighting the corruption. however the solution was veganism??? when really it should be targeting the corrupt companies.
finally! thank you! it’s sensationalist propaganda.
i dont recall looking at cgi footage.
how does that plastic get tracked? what stops people from inputting that it arrived at the destination and the other validating clients say 'ok good to go'? also, how does this result in the particular coin appreciate in value? it seems they used it for what crypto was designed for - tracking - yet people are buying the coin for what purpose?
that's only true if multiple independent parties are weighing the same thing. is that happening here?
okay this now makes more sense. i've worked with databases before in software dev and looking at it from this point of view for businesses to use is more feasible. i still wonder why there is a crossover of this sort of tech and having a currency of it. in my mind the gap between commercial use cases of the tech and the existence of a currency from the tech is still not bridged. i suppose it incentivises people to adopt the nodes for thistributed storage if they are making money off it?
this was my entire question? what the fuck does blockchain do? the system can be perfect, but the humans using it still fuck it up. i guess the argument is the data is stored on the blockchain, so this seems more like cloud computing or cloud storage more then anything.
can someone explain why cryptos are even involved at this at all? honestly.
eth is too inefficient, frankly. vet is an eth fork and refinement. it was copied and then modified to meet the needs of enterprise: * throughput * * proof of authority enables 10k * transaction cost * * addressed with a two-token model. * * * vet==eth, but gas is paid in vtho so that vet as a store of value can appreciate without fees skyrocketing there are numerous other things done, but those are the obvious ones.
it can, and there are plenty of similar projects being developed on other blockchain platforms. vechain is unique in that its foundation has a massive head start in establishing partnerships with major corporations and institutions (walmart, bmw, deloitte, pwc, the list goes on). it also has an ingenious 2 token system that enables it to adjust the cost of using the blockchain to always keep transaction costs affordable and predictable, regardless of what the market does. this is a huge incentive for adoption.
ethereum is a completely decentralised smart contract platform. vechain is based off ethereum code, and a number of changes were made to make it more suitable for large enterprises. but this also means that vechain is not as fully decentralised as ethereum. being fully decentralised is great, but unfortunately it comes at the cost of a number of issues, such as governance and scalibility. vechain recently went through an upgrade which reduced the transaction costs by 100x. the whole process took less than a week. meanwhile ethereum has been trying to implement 2.0 for almost 3 years now. the reason why it was so fast is because vechain's governance model allows this, it just required a stakeholder vote and a smart contract. it was designed this way on purpose, imagine a large company like walmart having to wait years for an upgrade. it just does not make sense in the business world. and i doubt very much that they are willing to pay thousands of dollars a day in transaction fees. also vechain has a product called "toolchain" which is a fully customisable smart contract template that anyone with limited programming knowledge can easily implement into a business. nothing like that exists on ethereum (yet)
thats the way to do it. buy first research it later.
check this out. this is an even better reason to invest
they have so many cool usecases like this. car history with bmw, carbon tracking with dnv, personal health passport pilot (even gdrp compliant).
i used it a lot as currency like 2014-2016 online. but that was it, i never saw it as stable reliable currency, just a means to go through online markets. always cashed out. years pass. heard about the big 20k btc price but thats it never looked into crypto. thought it was going to do like 2013. now in november 2020 my mon tells me about bitcoin and what not. i told her that it’ll probably crash and burn, like it did before... now i said fuck it in april. i’m in i believe this is the future. the technology. and if i can get an early investment in what’s to come. i’ll happily rake the gains of patience.
reading the comments, this is the wrong way to think about it. vechain proves it *has* happened, immutably, for as long as blockchain is accessible.
ah. thank you. it is a good thing to see cleaner oceans. and if blockchain can help, that is pretty cool.
same for me. absolutely underrated.
it's one of my 5 holdings!
vechain is going to drive corporate adoption, i can feel it.
what problem that was unsolvable til now does vechain fix
actually blockchain does not solve a single issue that could not have been solved before when it comes to logistics. dunno why people still believe that.
which is less than what that ceo could possibly make at other companies including less attractive stock benefits. i do believe ceos as a whole are overpaid, but in the current system quite a few nonprofit directors have less total compensation than their private counterparts.
what do you mean by it removes the trust between companies? like in my mind that would mean they all do not trust each other doing business together. if there was more accountability and properly logged, wouldn't it increase trust?
yeah this was kind of my thinking. thanks for articulating it so well. if every company involved posted their results on their respective sites i don’t see how a blockchain really adds much value. i just wish this subreddit challenged pro-crypto propaganda as much as they did the fud. the comments in here are acting like it’s doing gods work.
hey i'm fine with going to the moon too, just nice to know it supports a good cause and has a cool function.
how does that work? is that possible with trust wallet?
wait...i should look into this. i'm holding vet for the long term, so why not stake it and generate more vet. this would be the wallet which is on the vechain website?
you also generste vtho while holding it on an exchange
exodus wallet works for this too
are the rates the same holding in atomic?
what is the vechain wallet??
i didn’t know this! i bought a bunch of vet last month and have it on binance still. moving it to my trustwallet immediately…
just so you know binance us also does this automatically for people who hold it there. yes, the wallet is always the better choice. but it is not the only choice if you want to generate vtho
can’t transfer it out of voyager . really annoying
dnv the unsung hero for our vet
right, thats oracles and such so when false but now immutable data enters a logistics system by 75 colluding carbon endpoints (thats people) to pay themselves (at multiple checkpoints, ask the government of colombia how this happens) and the data is bad after a sting operation, why is a blockchain better than entering this into sql or ms paint?
as a vechain holder, you should learn the correct way to respond to this. vechain is not claiming to guarantee the accuracy of the data being input. while dnv is trying their best to do that, and have built a multi billion dollar business around their reputation, we all know they can’t prevent incorrect info occasionally slipping through the cracks. it’s impossible. the point vechain here is not to guarantee the info is accurate. it’s to keep an immutable record of who said what, and exactly when. this is immensely valuable.
its literally a website of photos of honest looking guys doing data entry on phones and laptops using things like scales and middle managers this isnt a real blockchain use case. get your money out
i'd be pretty surprised if there were actually independent parties involved at all, and even if they are what the extent of this verification is. there is nothing about this concept that stops the recycling and shipping guy from simply lying that they did the transfer and putting it in the blockchain. its really does not seem any different from any other chain of custody process except now you have this blockchain buzzword in the mix. but it is still completely reliant on human beings not to lie about what happened. it does nothing to remove trust because at the bottom layer it completely relies on human beings in the first place! i do not see how it really serves any purpose at all
yeah 30 cents apologies 😅😂
nice. we just need many humans to verify the blockchain. it makes perfect sense!
of course you can fake the tag. that’s the basis of every supply chain fraud ever.
why an immutable public ledger if the 3rd party can be trusted? and if the 3rd party cannot be trusted, what's the point of the ledger?
he’s right. it’s a poa project with oversight from the chinese government - it’s not different from a central bank.
vechain isn’t really decentralized. regardless, how do you prevent monkey business along the line? couldn’t you just fabricate what makes it onto the blockchain just as easily as you could for an excel spreadsheet?
my mistake! 336.469 tons, thank you!
thanks for advice ... i guess , i’ll hold for long term , it’s just a rant , a good coin is in this position whereas memes coins like doge are going up .
so you think this isn’t happening?
ccp = chinese comunist party
yeah and they have a such a great track record...
i’m assuming they’re being recycled. what else would they be doing with it?
i prefer to not be lead around by sensational articles, i like to know the facts. i do not think cleaning up is wrong, i just want to know the actual effect a project is having.
may i ask what a poa is?
concern over a foreign government actively practicing ethnic cleansing = sinophobia? big brain is strong with this one. to your second part, same reason they’d use it to verify plastic waste - multi-factors authenticity. whole point of blockchain. you can call me whatever you want, but if you’re not concerned with the ccp utilising this tech which they have every legal right to do you’re living in la la land. they’ve already hijacked ai companies and used them to better recognise muslims in xianjing due to re-education.
there does not need to be an entire independent blockchain for this one specific use case. record verification via storing hashes can be accomplished on literally any existing blockchain.
that’s not our problem. space is so big. just send it to jupiter or even the sun.
this is cool makes me feel good about it. if vet on coinbase it will boom!
how you added this gif? just curious.
it would also work for tracing product defects back to an individual machine or user, to figure out where something is being built or packaged incorrectly.
yes it brings a ton of value to supply chains with critical& trace. these technologies exist already but blockchain brings some clear advantages. tracking individual units of plastic, not so much.
> i'm looking at the overall supply chain management system. not just on plastics, but on authenticity of an item. if we're scoping just at what vechain could do with their current partners, we're looking at car parts, luxury items, halal meat, etc. > > walmart is already trying this for two years with their produce in order to keep track of batches in case of a food recall because of a thisease. there are many implementation woes and these software offerings do not really work out in the real world. i am not a vet bear, i own a lot of it - i think this has potential but the academic literature on blockchain adoption is woefully skinny at the moment, with more problems than solutions.
wouldnt china be against confirming the authenticity of goods? alibaba being marketplace of cheap copycat manufacturers... 80% of the worlds counterfeit goods are produced by china... .7 trillion in counterfeit and pirated goods per year...
why is an authenticity code that you check on the manufacturer's website not enough?
i’ve done research in this area and i’ve been on a team that thiscussed possible use cases for block chain in the supply chain industry. businesses do not have incentive to audit themselves by participating in a block chain. businesses cut corners all the time. the future is also uncertain, what if they suddenly need to substitute a material or ingredient in their product for a period of time? that would significantly hurt business if consumers found out.
i just do not see the utility for plastic, you're talking about adding an enormous cost to the entire supply chain for very little benefit the government does mandate this sort of track & trace in some industries -- pharmaceuticals, for example.
why would we boycott a plastic manufacturer for not tracking every single piece of plastic they produce? makes no sense
this just does not make sense in plastic. i do not know what you mean by "suppliers" in this context, perhaps you mean thistributors? the supply chain for plastics does not care where every unit came from or where it went, nor do they want to pay for that traceability. in other industries, perhaps, but track and trace is absolutely not (at this point) critera used to evaluate manufacturers.
wanted... no. american greed does not want to be responsible for anything let alone plastic waste.
glad you’re on the same page. i don’t know as much as vechain’s blockchain as other but i thought it was public and transparent as that’s a feature of its native trust but like you i wonder how that information could be used by competitors. so there must be some kind of obfuscation, so i’m asking people here if they can explain this
with blackjack and hookers, ohh screw the whole thing
the stinky rotten fish?
nono, its beyond the enviroment. theres nothing out there
the plastic came from stars🤷🏻‍♂️ might go back to it one day.
why would you waste money to litter?
i think you can recycle them
plastic dating is the new carbon dating
vet is the hero we need but don’t yet deserve
reminds me of a post on r. echo chamber of "environmentalists" bashing bitcoin. called them out for their hypocrisy
all the people thisliking like they’ve donated even 0.2% of what they have
and none of that is driven by pr kudos?
not sure that outweighs the toxicity they pump into the world
i think the other guy is saying that blockchain does nothing to stop people from juking the stats.
high level of transparency for investors. it's like an immutable log file, it keeps track of everything and it cannot be edited. if you ever want to audit the process, you have great records. it would make more sense if say you donated to a charity and you wanted to watch your money and how it was thistributed over time. e.g. what percent went to admin, what went to advertising, and what went to the actual cause. a blockchain solution would let the investors get a deep breakdown of the funds. e.g. they could show what % gets broken into the various operating funds and estimate how many lb's of trash each . so obviously there could be still fraud, but it would be so damn auditable it would be really hard to get away with. no burning or modifying records.
vet doing seriously positive work. congrats
same. holding vet, hopefully it goes bullish soon.
it takes marketing to grow their reach and a ceo to manage their company. just saying, but most business have overhead
so does every for-profit company. we need to stop holding non-profits to standards that keep them small. more info about specifically your comments on marketing are here:
check out plastic bank. i just learned about them today so not an endorsement.
the same people also did a documentary called cowspiracy a few years back. staying on theme i guess.
don't allow this fact to over ride the basic principle of supply and demand. sure, the companies are doing most of the polluting. but who is paying these companies to do it? the amazon rain forest has been getting burned down for decades now, just to create more land space for animal agriculture. are they raising all those cows, abusing and slaughtering them just for the fun of it? nope. they are filling a demand. “a vegan diet is probably the single biggest way to reduce your impact on planet earth, not just greenhouse gases, but global acidification, eutrophication, land use and water use,” said joseph poore, at the university of oxford, uk, who led the research. “it is far bigger than cutting down on your flights or buying an electric car,” he said, as these only cut greenhouse gas emissions."
who doesnt love fishing in quebec
i think the right thinking is to support local fishermen who usually operate on a smaller scale and fishes more sustainably as they have done so for many generations. don’t support the big commercial fishermen who destroys the sea bed and have a shit ton of bi catch as a result. genetic variation will take millennium to recover at this rate even if we don’t fish species into extinction.
major difference between local fisherman and the corporate fish entities
this deserves more upvotes for that last line
well, veganism is the easiest and most sure fire way of not contributing to the fishing hell(and more), making a difference now and not in 20+ bureaucracy years.
yeah, i’m sure the seas fine.
my understanding is that if one of the parties in the supply chain notices an error, everyone is able to trace it back to the party that entered the faulty data. since it is stored on a thistributed ledger, there is no question possible about the authenticity of the data. that party would then face consequences. in that sense, it removes the trust problem from the system by simply tracking everything. this ties into, i.e. temperature.
there token is used to incentivize people to use and maintain the blockchain network. or, in the case of vechain, there are actually two tokens. without some sort of value token, the only way that this would be done is via some sort of centrally managed platform run by a company, and then we are right back to the same problem that we have now, which is having to trust a central entity, and lacking any sort of solution that can be traced across the entire cycle of the platic. i certainly agree that it is complex, but think of the crypto tokens as a limited resource. because this resource is needed to get the job done (the tokens are needed to use the blockchain and trace the plastic) they now have value. if there were an unlimited supply of tokens then the blockchain would effectively be useless because nobody would have an incentive to develop it or maintain it. dm me if you are new to all of this and want to thiscuss it further.
remove currency from your brain. not all cryptocurrency are "currency" like fiat. view the primary token (vet) as a means for access to the network. if you hold vet then you are able to use the remainder of the ecosystem (make transactions, etc). the high-level tokenomics are supply: **vechain's model:** 1. cheaper transactions 2. higher throughput 3. data finality 4. audited 5. stable cool, you want in for your business. to use the network you need to spend their gas (vtho). ok, how do you get that? vet, which generates vtho at a fixed rate. **at this point you have several options:** 1. buy enough vet to fund your expected transaction volume (vet demand) 2. buy vtho from vet holders (vtho) both of the above lead to either the vet holder getting "dividends" for holding the coin or the demand for vet appreciating due to more enterprises coming on board.
this is also a fundamental question to all cryptocurrencies out there. why do we need a currency to run any decentralized blockchain? first, it acts as an incentive to work with the network, not against it. in vet´s case, the authority nodes get 30% of all of the transaction fees as reward and in btc the miner gets the btc minted in the newly founded block (on top of transaction fees). secondly, you might also ask that why not just use fiat currencies to pay the incentive with and forget about crypto. this would have at least two problems. first of all, vechain as an example, there can and will be millions of transactions on the blockchain, on top of the millions of transactions stemming from node rewards. this would cost a fortune if we would use fiat currencies where cross border transactions can cost more than 20 usd. the second problem is that this introduces an additional point of failure and possible source of cencorship into the mix. what if there is slowness or serivice break in the banks transactions? by having its own currency to work with, which is built on the service itself, it makes it more robust, decentralized and immune to outside pressure, cencorship and other issues. thirdly, as is common with many projects in this space, the founders use their currency as an ipo to fund their activities. unfortunately about 80% of all of the projects in this space is only about this with no real business behind the project.
[from this comment:]( >the goal of blockchain is not to verify the accuracy of the data that is uploaded, just as any database is not expected to verify the accuracy. blockchain provides immutable, accessible, and cheap data storage. the accuracy of the data is handled by other parties. [from another comment:]( > remove currency from your brain. not all cryptocurrency are "currency" like fiat. view the primary token (vet) as a means for access to the network. if you hold vet then you are able to use the remainder of the ecosystem (make transactions, etc). the high-level tokenomics are supply: >vechain's model: >1. ⁠cheaper transactions >2. ⁠higher throughput >3. ⁠data finality >4. ⁠audited >5. ⁠stable >cool, you want in for your business. to use the network you need to spend their gas (vtho). ok, how do you get that? vet, which generates vtho at a fixed rate. >at this point you have several options: >1. ⁠buy enough vet to fund your expected transaction volume (vet demand) >2. ⁠buy vtho from vet holders (vtho) >both of the above lead to either the vet holder getting "dividends" for holding the coin or the demand for vet appreciating due to more enterprises coming on board.
one day the whole world will run on smart contracts.
it could run on a raw blockchain for immutable content, but there is an element that requires perpetual continuation of the transactions. microsoft have just quietly stopped azure blockchain for reasons, but i suspect it is because it is just too difficult to run in a small node setup . the cryptocurrency element drives participation and the miners to continue the transactions.
marketing. from technical standpoint, in this case, blockchain does not provide any value and any other secure storage solution could be used.
tbh all i'm seeing is that it proves someone *said* it happened.
how does it prove it?
good point, though having it forever on-chain is one hell of a deterrent to stop those from doing it on the future.
source : we all just have a feeling about next thursday
new to vechain, eh?
you’re doing it right it’s honestly the only crypto i hold. i can’t wait for the rest of the crypto world to take notice of them.
that’s it. time to buy some more
accurately tracking products is huge. vechain will offer you a transparent way to know exactly where the product came from, where was it made and the travel route from the point it started to be made until it reached your hands. it prevents counterfeiting too
probably because its efficient. unless of course you know of something better...
simply a common software allows for cross transactions and application in different firms from different countries. instead of each company having their own proprietary software which their partners may not have any idea how to integrate a simple common solution like vechain helps
what about verifiable authenticity? guaranteeing that the company that made object x, really and truly made object x and it is not a fake.
trust is expensive, it’s in low supply
and again noobs knowing nothing about tech start downvoting. it's so fucking funny.
didn’t you know? ceo’s do nothing all day, it’s the burger flippers who do all the work!
that's the wrong way of looking at it. think more abstract. you do not have to trust because trust is not needed. this is what makes blockchain so powerful. ex: you do not have to trust that company a is editing the data before it reaches company b. the next question after this is usually, "how does vechain solve "garbage in, garbage out?" it does not. that's left up to auditing companies like pwc or dng to certify the data is accurate. they can do this quickly and easily using vechain.
the problem is trust. if one party says "we gave you 500 tons!" and the next says "we received 350 tons!" you now have to go back and scour records that may or may not have been manipulated since that time to see who is lying. data entry via iot devices alongside the dnv audit of those methods saves all the post-mortem work. you can see exactly how. this raises accountability across the entire relationship chain.
well, it is not the devils work...
yes works the same on trust wallet.
they have an official mobile wallet that you can stake your vet on to earn vtho.
could you please link me some details on this? can't find any. cheers!
because an audit can prove all the data is wrong, and they can’t cover it up
it gets verified each step of the way. this type of use case is huge for blockchain, in every single type of supply chain. it removes the requirement of companies trusting each other. it is a huge issue that companies just scam each other in many countries. essentially the company that is shipping all the waste plastic could just be dumping it all back in the ocean, or the recycling company could just dump it all back in the ocean. it gets tracked at each step and you can verify where each bag of plastic was from and where it went
because that would require collusion between multiple companies and to do it repeatedly
you mean .2 which is 20 cents probably haha. it would be way above that without the recent bitcoin drop though. most view it as a long term investment 3+ years, so the short term price really does not matter that much
that's why dnv is a partner with vechain
no you cannot. it's on the blockchain
you ever hear the phrase "trust but verify"? an immutable public ledger provides a single source of truth for auditing and verification.
vechain as an operation is not decentralised. their blockchain is poa which is a hybrid. there is 101 nodes therefor the data immutability is still decentralised. you could still fudge the data yes, but then you have immutably left a record of your monkey business and if you are found out then there is no getting out of it. it's a deterrent.
sure if everyone along the entire supply chain is 'in on the fabrication'. this allows the end customer to know where the plastic came from and how much was initially collected and where stuff went along the way instead of using private databases where the end customer has 0 knowledge where stuff is coming from besides the single party that is delivering to them.
this is just what's on the blockchain too. resea picks up a lot more garbage than this.
proof of authority, which is similar to proof of stake but only the approved authority nodes verify the transactions
i think you need to read more on the database-vs-blockchain and public-vs-private blockchain debates. vechain is nothing but an unwieldy and uncontrollable system if your aim is social control and surveillance.
lol as expected you did not answer any of the points i made, just more fear mongering. this is where my replies to you end.
obviously this can be done on any blockchain. what's your point? this is only 1 of hundreds of use cases of vechain
stay in school bud.
announcement in two days
i've considered its use for improving yields in the semiconductor industry for the past few years now.
individual plastic? no. individual luxury items, or items of high value? yes.
do you have any research papers you could recommend especially on blockchain? i'm interested to give those journal entries a read. if possible, i'm looking in the line of commercial goods, authenticity of an item, and secondary market.
i mean, first of all, why not? but for a more concrete reason, the pollution we face is essentially their fault, and therefore, responsibility, and we should vote with our dollars. not to mention that i believe in vechain as a project and will support businesses that support vechain.
if nobody cares about where plastics for their products come from why are there certifications available for recycled content? there are companies that want to be greener and having a immutable trusted ledger to trace where their plastics comes from helps build their branding. you do not think it is out of the question for any one of these companies to turn to blockchain to back up their recycling claims?
what you'll find on the block explorer's are hashes. blocks are too small to store data larger than simple hashes, not just for vechain but all blockchains. so you'd have to find the public facing website that shows the data. then you'll see the hashes that can then be traced on the blockchain. hopefully that makes sense. look at mycare by dnv for an example.
sounds like fun on a bun!
fish after reading your comment. ![gif](giphyxt0bkgkobw46ip9ovk)
well there is gotta be *something* out there!
could just go off the implant serial number.
does it really matter? i ain’t a fan of the kardashians by any means but pr is a driving factor for a hell of a lot of donated money and their social media profiles are so massive they undoubtedly cause a spike in donations for projects they post about.
even if it is, leverage them to get things like this more well known.
blame the people who idolize them. i’m not going to fault someone for taking advantage of their popularity.
i tried to buy vet just because it is good work but unfortunately it does not list on my exchange :(
it’s already on coin market cap. still room for a 20x
something about working in a charity organization and getting paid a ridiculous amount compared to the lowest paid staff does not sound right.
i remember that one, how cows methane contributed to global warming and the insane amounts of water needed, and the way everyone was looking away from the problem. if that is the case, wanting to keep the trend, i can relate. ' thanks for bringing that up.
me as well, and i'm starting to limit other animal products. but i have to eat gluten free too, and vegan plus gf is hard af
that’s somewhat true. but one thing that they all have in common is that they can go fuck themselves.
and what makes you thinking that?
i didn’t say all of that. the seas aren’t ok; hypoxia, ocean acidification and warming are contributing factors to its degradation. not to mention all the plastic. fisheries are capable of coming back, hoomans just need to work with them. seaspiracy is getting people talking about it though... source: i’m a marine biologist
and why is there a currency attached to it? why is not it just a blockchain logistics software of sorts?
if one entity is submitting the data how do others work to "trust" said data?
i may have misread so apologies - how does a value token hold value if it is split from the actual use case token?
awesome, thank you for explaining this.
this is excellent info and i really appreciate it. can i just ask, what happens when the price of vet increases? does that affect the price a company might pay for using it, or do the costs associated scale? because i cannot imagine companies wanting to invest in the tech if gas prices are what they are with eth for example.
still not clear to me though. say youre using vechain and you clear out say 10 pounds of plastic the past few days. what data exactly is logged, and in what way will the data be useful, and in what way is that data better in a block chain than recorded in a database?
how does blockchain make data storage cheaper? i thought blockchain data storage was very expensive
god i hope not. "good morning user , you used your bed for 5 hours last so we have subtracted 5 mbtc (micro bed token coins ) from your account" edit: i like crypto but i frankly hope fiat both cash and electronic forms sticks around as competition to crypto for some time.
same can be said for old method, except with that got additional issue of no access to old data, or being modified afterwards when less eyes on the initial event.
it assumes that the initial entry was correct of course (a big assumption i know). but after, the blockchain is immutable and globally-accessible.
i'm so damn tempted, this is the perfect dip to buy
> accurately tracking products is huge. you can do that with a cloud database on amazon
have you got any links i can read more about this specific to vet? also, is this in practice, or is it on their roadmap? cheers!
any key pair cryptographic tech would do the same way more efficient. e.g. you could use gpg signing at the same quality of verification without the need for any infrastructure.
lol blockchain is orders of magnitude less efficient than what’s used now. vechain is vaporware mixed with scam. only use for blockchains is sound money. and you only need one
well, pretty much everything you said is wrong. first of you cant verify anything in the physical world with digital tech as of today because of the physical. second: common protocols exist and within a given industry quite often even common data structures exist. you can use whatever client you want. for a matter of fact however within a given industry also often everyone does use the same application, e.g. some sap module. why? because of humans. and last but not least: you imply that when using blockchain tech it is easier because everyone is using the same tech. that's so wrong i do not even know why i have to explain that. if you choose to use let us say vechain, how is that different from choosing any non blockchain based protocol? you still have to agree on this with all you partners. there is no benefit. in addition the same applies for the data structures of course. you're talking gibberish without any idea of the underlying details.
that's my point. no digital system yet exists that can do that due to the physical. a signature on a blockchain does not provide more security then a shiny 'original product' sticker on the product. think about it. explain to me how vechain (or any other tech) claims to solve this. you'll possibly find out it is not possible. it does not verify shit.
and what exactly does this have to do with vechain and verification of physical products? right. nothing. you always just throw generic valid terms to make idiots think you got a point?
i think you're getting the downvotes because of how you present your argument. stating you earn 6 figures is a real douchey point regardless if you're right. you come off as a bit of a prick.
don't know. i do not follow their broken business model tbh. if you give me any information explaining how to bridge the physical 'm happy to spend time checking implementation details again. until then its a waste of time. not saying you cannot make money of it. nowadays you can make money out of meme coins. well - i mean at least doge has a valid business model.
i sense a little sarcasm, but i have gone from working on the floor (per se) of some places, to working with some very powerful clients in large companies. not as a rule, but i have observed that the bigger your paycheck, the less hours and labor you put in. big suits go to a few meetings, might send a few emails (but their assistants usually handle correspondence), take long lunches, and hardly lift a finger.
that does not prove who's lying... if a sends 500 tons and b says they only have 350 because b is trying to save money on freight and tossed the rest back in the ocean a gets blamed. and if a b c d and e decide to scam and pretend to be doing the work, it is cemented in the blockchain as having happened when in fact nothing at all occurred. im struggling tot see the value here...
oh wow, you're right. i just enabled vtho in the app and saw that i had some. cool.
binance.us did it without me doing anything other than buying and holding vet
this took me a while too, so do not fret. this is binance's page: . vet does not require staking like cardano or zilliqa or others and appreciates about 1.14% apr through vtho. this happens on every transaction at the micro decimal level and you would not see it on the blockchain tracker. the vtho is proportional to the amount of vet you have in the wallet. there are node tiers too that are more profitable, but they have extremely high minimums.
my point is, that can be done with a database. or excel. adding blockchain doesnt fix anything if every step of the way has corruptible actors with families to feed
how does vechain stop companies from colluding? vechain cannot enforce anything in the outside world. it will be filled with whatever data that is put in it. it cannot possibly validate that data is correct. it relies on human beings to put correct data in it. it has no possible way of enforcement, and therefore it does not seem to actually verify anything at all. its possible i'm completely misunderstanding how vechain works, but the idea seems pretty strange on face value
ahhhhhh😭😭😭😭😂😂😂😂😂 i was typing while watching a match, we scored and i lost all my senses. i keep fucking up today😂
anyways, you did not answer the original question, why's it tanking for so long i've only ever seen 2 people call it average. why's it tanking if majority is bullish on it
then a blockchain is unnecessary.
no it’s not. someone’s data input is on the blockchain. blockchain is only data. it cannot track physical items. tracking physical items on a blockchain is nonsense. if you need to trust people, just use a database.
who writes on the blockchain? the trusted 3rd party?
thank you for that.
are you familiar with the kyc process to become a node for vechain? their blockchain is extremely controlled. they run a damn background check... furthermore, they only have 100 nodes - like i said highly controllable.
i won’t reply either, everyone who scrolls through this thread will see i answered your questions.
> this is only 1 of hundreds of use cases of vechain but it is not. the description of each vechain use-cases may differ, but on a technical level, it is the exact same thing every time.
you should too. learn how big space is. we are nothing in this universe size wise. throw it out into the void.
then it does not sound like it is actually going to make a dent on plastic waste because individual luxury items and high value items is not where the majority of plastic waste comes from. so this is not the game changer you're claiming it is.
if you want to boycott plastic, then boycott plastic. it makes no sense to boycott plastics which do not have track and trace technology embedded in every bottle... do you think recycling plants and landfills are going to scan every bottle to indicate they have arrived...? why would we, as customers, pay to trace a plastic bottle through the supply chain before it gets to us? it makes no sense at all, it does not provide value to anyone.
i feel like we're speaking different languages. that certification is to confirm materials are recyclable. this has absolutely nothing to do with tracking the destination of every single individual piece of plastic.
why does she keep standing back up?! she just keeps getting hit again and again! this is ruthless!
don’t they get to claim it on their taxes anyway? diverting from public services to support a charity that throws most of its money toward its own administration while enjoying the filet mignon at the benefit gala and hanging out with, like, the wkend and oprah?
i agree with you, after all what's more important? the fact that someone did a good thing to boost their ego? or that someone in need benefited from it? who cares if the donator did it as a pr play, they helped someone and that is all that really matters.
yea could blame you to be fair
time to register for yet another exchange.
of course not, but: 1. this is more symbolic than anything. a ceo's salary is a single person's expense, and would not have much impact on the overall position of an organization if it exceeds a certain number of employees. 2. at extremely large charities, like the red cross, you would need highly skilled ceos, so there is an argument to be made that it is difficult to attract qualified and competent ceos without a certain level of pay. 3. some charity organizations have unpaid staff but a paid ceo because they are volunteer-run. one way that can happen is if the board decides to create a paid director position to attract lasting talent into the position.
better pay the ceo peanuts, you’ll get top notch ceos that way.
>something about working ~~in a charity organization~~ and getting paid a ridiculous amount compared to the lowest paid staff does not sound right ftfy. i do not care how highly skilled they are. they are not working 100's of times harder than lower paid people.
i too avoid activision.
"looking away" is passive. ranchers are far more aggressive than that.
i mean some people rely on fishing to survive but ok
veganism is the future. crypto is the future. i'm not sure vegancoin is the best though...
just all the water will wash the stuff away
this is a fundamental question to all cryptocurrencies out there. why do we need a currency to run any decentralized blockchain? first, it acts as an incentive to work with the network, not against it. in vet´s case, the authority nodes get 30% of all of the transaction fees as reward and in btc the miner gets the btc minted in the newly founded block (on top of transaction fees). secondly, you might also ask that why not just use fiat currencies to pay the incentive with and forget about crypto. this would have at least two problems. first of all, vechain as an example, there can and will be millions of transactions on the blockchain, on top of the millions of transactions stemming from node rewards. this would cost a fortune if we would use fiat currencies where cross border transactions can cost more than 20 usd. the second problem is that this introduces an additional point of failure and possible source of cencorship into the mix. what if there is slowness or serivice break in the banks transactions? by having its own currency to work with, which is built on the service itself, it makes it more robust, decentralized and immune to outside pressure, cencorship and other issues. thirdly, as is common with many projects in this space, the founders use their currency as an ipo to fund their activities. unfortunately about 80% of all of the projects in this space is only about this with no real business behind the project.
in essence, i think that is what it is. the dlt needs to be powered by something, but you could run it on an eth l2 solution as well. having their own currency, but it could have been organized differently too. it's more of a hybrid, and not truly decentralized in the sense of other pow. the data is verified by the 100 authority nodes, the identity of which we still do not know and which could potentially include individuals. i very much believe in the project from a supply chain perspective, but the trust placed in these (as of yet primarily anonymous) authority nodes is what would put me off as a business participating. edit: might be good to share i used to hold a position, but no longer. edit2: taleggio is the king of cheese.
that could be created, but then it would not be a decentralized, permissionless blockchain. it would be a centralized entity, in which case we are back to having to "trust" a company. also, that company would then charge for the service.
companies are already paying to track these logistics. they're just paying a lot more than they would be staking vet to generate vtho to burn in the verification process.
all good, and i am glad that you are asking questions. feel free do dm if you want to chat about it. the idea behind a value token and a use case (gas) token is that the gas token is generated by holding the value token. in our case, holding vet generates vtho automatically. vtho is, of course what is needed to use the network. thus, if you have a company and you want to use vechain, you can simply buy a bunch of vet and generate your own vtho and be able to use the network without any further expense. alternately you can buy vtho on the open market if you do not want to make the investment. vechain is not the only dual token platform that works this way. for example, neo does as well. however, vechain is the only one with a foundation and a mechanism in place to adjust the gas fees to always keep the costs predictable and affordable. this is a huge benefit for adoption. also, the vechain foundation holds a huge amount of vet, and can be hired by smaller companies to put their products on the blockchain if these companies do not have the resources to do it themselves. they have pretty much thought of everything to ensure adoption.
i wanted to mention that vechain is also centralized fyi.
no problem! actually there is a really good example from a month back when vechain faced this exact issue. there is a voting system built into vechain where the authority nodes, xnodes and economic nodes can vote for different proposals from the vechain foundation. the issue of high transaction fees was brought up because some companies complained about it. there were 4 choises from which 2 of the most popular ones were selected to be voted by the vechain foundation. choises were: 1. no reduction in transaction fees, 2. reduce to 20% from the original, 3. reduce to 5%, 4. reduce to 1%. reduction to 1% of the original was ultimately selected, so vechain tackled the high transaction fees that way.
i do not know the ins and outs of vechain and this specific use case well, but speaking about blockhain beyond currency in general: data stored via blockchain is immutable, more secure, and has higher availability due to decentralization. even a well architected db hosted on aws with best practices is susceptible to hacks that cause data loss (b), and trust in one party (amazon) to not have uptime issues, or policy changes that harm your access. i agree the benefits are hard to see because modern cloud storage and hosting have extremely high uptime and rarely ban customers (e.g. parler). but these are the benefits i see as an engineer.
because...because blockchain! reality is 90% of proposed use cases are entirely circumvented by simpler means
it's real, you can authenticate and track complex systems under one branch. vechain is partnered with dnvgl, so let us say the un wants to track which countries are taking plastic out of the ocean they can streamline and centralize the effort. no bullshit with a blockchain, smart contacts enabled etc. it's also hella flexible to work withou can even just work with the foundation or dnvgl to put any business on the platform and not every buy a single vet if you want. there's options available even for businesses with 0 interest in cryptocurrencies or blockchain to simply use cash and the foundation takes care of the gas on the actual blockchain. why would you want a database without a good api? check out what walmart china is doing with it to make their supply chain more transparent and efficient. it's an easy to use platform that you can rely on minimum wage employees to handle and it brings a ton of data together while allowing more automation and seamless transfers to happen. combine with ai and the shelves know when they are low, the supply in the back, how much is en route, how much is being made and can order for itself, reroute trucks if it is a priority, tell a stocker when it is arrived and ready to stock up. fuck you could even have employees have wallets and it pays them based on scanning their unique nft lol. it can only do this if everything is documented in an accessible and trusted database. seems like vechain offers a pretty damn good deal. there is a dedicated foundation and a lot of real world use, r've been a member of if you are curious about more.
that spreadsheet could be edited
if your backend is a spreadsheet you have bigger problems :) i listed some advantages over traditional databases and cloud hosting in the comment below yours. boils down to higher data security and availability due to the decentralized, immutable nature of blockchains. the benefits are a bit hard to see today, but could become clearer in the future if trusted third parties (aws, google cloud, azure) mess up with security or access more frequently.
ok i guess that makes sense... it's not like we can ever remove the human factor from any system.
well then you'd have to have seen the running joke that it is coming to coinbase every thursday... next thursday, last thursday...every thursday.
yeah i just bought a little extra. it’s honestly one of my personal favourites.
can you? can you make it as reliable as blockchain? would a cloud be able to track fruit so i know exactly where it comes from and what its trip to the market was? i'm genuinely asking, because i do not know how would that work. but even if the service was the exact same, i would be rooting for vechain, because at the end of the day, fuck amazon!
in practice. walmart china already uses it for over 100 products. just google vechain walmart.
thats intereating. you should pitch this to investors. let them know that you have a better idea than the entire development team of vechain.
are you aware what the definition of vaporware is? it's a concept, something designed but not working or functional. vechain has a working product being used by many large companies today. it's certainly not vaporware.
i really do not understand why this is downvoted, it all seems like reality to me. i have limited knowledge on vet or similar ideas for improving logistics, but it is true that regardless the tracking you have, there is always ways in which goods can be counterfeited and digital tracking does not change this much. or does it? is there something vet can do to ensure what is physically sent is what is physically received? are people just downvoting this because they are invested in vet and do not want naysayers? or are we missing a fundamental concept?
it literally does provide more verifiability than a sticker. the vechain qr code represents an id signed on the blockchain. there's a big difference between an anti counterfeit sticker, and a sticker that can be scanned and provides an id that could only be generated by the original manufacturer. it seems like you think faking a cryptographic signature is as easy as printing off a fake sticker, and it is not.
i'm well aware of the fact but i do not really care. i did not come here to find friends. nor do i have the time to educate everyone on a given subject and do it nicely and take the time. the information is there for anyone who's interested. i just came here to warn those who are unaware that this tech does not do what it claims. i do not think my intention is pricky. if at all then my presentation.
sometimes you may put in less hours and labour but the amount of value you are creating for the company can still be high. but i agree there can be this weird balance of being higher up and working less. in general ceo’s are a bit of a different breed though - highly motivated and work 7 days a week no questions asked type people.
it's not a "literally fixes all problems ever" solution, but the corruption barrier is now elevated. your a b c d e scenario is going to beat most preventative measures, but that now makes the bad actors have to work that much harder and potentially make them determine it not worth it. as for the other scenario, you mitigate false data-entry by having your entry methods audited(the global assurance agency). maybe they remove the human element entirely and replace the data upload process with an iot device that automates periodic data entry. now the barrier for manipulation is that much higher because jimbob cannot smudge the paper; he has to know how to hack the iot device. not impossible, but much more trouble.
yeah, so easy eh. 👍
yeah i've got the other binance, using it from australia.
how long were you holding it for before getting vtho? i've seen nothing yet had mine a few weeks
i've yet to transfer my vet from crypto com, holding there has not generated any vtho for me. i think there you have to opt in to stake
thanks very much for the info!
no because this is creating trust between unrelated parties. you cannot trust that a recycling center would not just mess with the database, or that the shipping company would not mess with it, or that the garbage is actually being collected from where its supposed to be collected from
same concern i have as well. if there is a trust system with the human element factor it can be corrupted. but i think people to worried about pumping their bags to fairly critique this
it doesn’t matter if vechain stops collusion. what matters is the immutable record that these companies claimed ____ at a certain point in time. how do you not get this?
dnv is the partner with vechain, and they do that. obviously it is not a guarantee to stop collusion, but with a large enough data sample you can at least have some trust that they are actually removing waste from the ocean and not just lying to donors
you do not need to enforce anything. if the data is on an immutable public ledger and it is found later that a company was maliciously fabricating data, they cannot hide their tracks. let's say in this example there is collusion along the way and the shipping + landfill companies fake the receipt and proper thisposal of plastic and dump it instead but write to the blockchain that everything went proper. well if later any of this plastic is thiscovered either in the world or via audit, somebody can see at which point there was malicious activity since the data entered is immutable. let the authorities and lawsuits finish the punishment after. the goal of vechain in b2b is not as much to make a perfect validated system as much as it is to create a trustless way to verify, audit and store data
it's just going down because of bitcoin. it tends to trade at amplified market sentiment. people fomo into it when it is going up and panic sell it down. it gets a lot of attention here so there are a lot of new investors that buy it and panic sell when it dips
are you trolling, or do you just not understand?
it absolutely can track physical items. essentially the company that is shipping all the waste plastic could just be dumping it all back in the ocean, or the recycling company could just dump it all back in the ocean. it gets tracked at each step and you can verify where each bag of plastic was from and where it went the tag is on the blockchain and each step of the way gets new data entry. the tag cannot be faked
uses almost no electricity. 101 computers worldwide, as opposed to the millions(?) on btc
i am more aware than you will expect. and this is beyond the point. why in the world would china care about democratic poa headaches when all they need is to store data. there is absolutely no need for them to have a public blockchain. if they want immutable data they can just design a private system thistributed over several offices in china. like, for real, vechain's solution is the opposite of what ccp would want
we’re done here. enjoy your ignorance.
what i had in mind was supply chain management as a whole. that's where the game-changer is.
is that not something that can happen? there's machines that can scan and sort individual potatoes, so why not bottles? plastic is not the problem, and i do not understand what you're missing here. for the massive profits the companies make, we should reward the ones who embrace accountability.
maybe? i do not think so. this is from the bottom of that first link. "scs global services provides two types of certification to recognize your achievements: recycled content certification - the scs recycled content certification evaluates products made from pre-consumer or post-consumer material diverted from the waste stream. certification measures the percentage of recycled content for the purpose of making an accurate claim in the marketplace. recycling program certification - the scs recycling program certification helps recyclers and reclamation facilities make credible claims about their diversion strategies and recycling rates "
something... something...give a person a fish and they come back for more, teach a person to fish and they ... something
things people do for tiktok likes...
someone give her a whiskey drink.
yes, you can generally write off donations to a charity against your gross income. you're losing more by doing it though (not assuming you set up a complicated structure and retain full control of the charity you donated to). very simplified example: let's say you have 1 million in income for this year, and your income tax is 20%. so that is 200,000 you'd need to pay. you keep 800,000 as net income. if you made a 200k donation this year and can write it off completely, it changes your taxable income to 20% of 800,000, which is still 160k. so in total you paid 360k and retain 640k of your income. so saying that charity does not count because it can be written off is missing the point that people are still at a net loss vs just paying their taxes. that criticism only applies if the money is donated to their own charity.
i dont see why people are down voting you, i agree. whether it is for views or not, someone is still getting helped and that matters a whole lot more than who it is coming from
whilst i see your point, i'm sure that you can see how it rankles those on minimum wage being targeted for donation when the board are raking it in... just because that is the going rate for ceos? what's the going rate for medics, etc. who are expected to do it for free or just expenses?
>this is more symbolic than anything. >difficult to attract qualified and competent ceos without a certain level of pay. so the us pays it is potus 400k, but you just cannot find a good ceo under ? if i've ever seen a corporate shill paid comment, this has got to be it, chief. and let us not act like these charities are not money laundering operations, second only to the big banks.
having a ceo is important but is there any good reason a ceo at a charity needs to earn six figures and more? charities should not not be profit orientated. it defeats it is purpose.
compensation has never been about *effort*, though. it reflects addition of *scarcely replaceable value* to a system. the framer with the hammer is working harder than the foreman, but framers are more fungible than foremen.
what is harder? manual work? brainwork?
thanks. i meant that as well 😃
i know, it is been a while since i've watched it. so was just generally speaking. it's actually thisgusting.
i am actually not sure if you are a troll. i really hope so.
lmao just noticed the second edit, you're a person of great taste, cheers!
so you reinvested into taleggio token i see, very good.
yeah, put like that definitely sounds shady, or very self serving to say the least.
how's that going to continue working if the price increases?
thanks for going in detail and sorry for another possibly dumb question. how does holding one generate the other and how does that relate to generating value?
i have a pretty limited understanding of it all and so i think in terms of more simplistic, traditional pricing and marketing structures, such as scaling prices to lower use tier, mid use tiers, and corporate tiers. i imagine it would be more attractive to users if this were the case, but it also feels like a turn back to traditional concepts, and perhaps a betrayal of the 'whole new world' of crypto tech. can you see the future of the tech relying on more traditional marketing concepts like this in order to secure wider adoption? i'd like to think there would be all new concepts invented, and perhaps even more altruistic. i think pr and marketing is going to be a massive part of cryptos industry adoption over the next years as it evolves. representation itself is going to be an important valuation fundamental too i would imagine.
so more people could access the data without worry that a nefarious actor is editing? to do so within blockchain would require a node attack if i'm understanding things correctly?
an immutable db has some serious thisadvantages though. what guarantees that the information added is correct? as in what prevents me for example from lying about the amount of plastic i collected? once it is done, it cannot be changed. if a central party has to authorize it, then it is no longer a trustless system, and you might as well just have them hold the db. if not, fraud invalidates the system forever. i'm honestly trying to understand the benefit of blockchain, but every argument i hear is either circular, ignores the problems it creates, or attempts to solve its problems by nullifying it is advantages
ahh fair. tbh i don’t visit the vechain subreddit too often. even the posts in here are a bit toxically over enthusiastic
same. i work in insurance (as part of the training team), so i've learnt a lot about the supply chain, and it is faaar more complex than you could imagine. simple goods like food will change so many hands before they reach yours. the fact that it is all kept track of still by fax and email is archaic. for example: bananas will be picked, then sent to a packhouse, then put on a truck, then left at the port, then put on the ship, then put on the port, then put on the truck, then taken to a warehouse, then repackaged, then put on another truck, then taken to the supermarket. this is the most simple example of export, it gets faaaarrrr more complex than that.
oomf. well said. supply chain. yet vechain and others are aiming to fix that
>you should pitch this to investors you're right. they seem to be so quick with their money so why wait until someone else makes profit of those idiots. i might sell them shit as well.* *welcome to ico boom of 2017
out of arguments so quickly, huh? go and google some more information so we can continue and maybe you want to overthinking you investment realising you do not know as much as you should about the 'tech' you put your money on. you can thank me later. i'll be waiting here with my high 6 figure salery people pay me because i actually know a couple of things hun. oh and i never said the vechain team is a bunch of idiots. some of them? probably. you always got those idiot believers. but in general they seem clever. you just misunderstood the main purpose of the product. it's to fill their bags.
it’s used because they pay them to use it. to be able to say they have a working product so you would buy their useless token. you are getting scammed by the ccp vaporware son every shitcoin pays for these “partnerships”. it’s pure marketing same thing can be achieved with a simple database and some digital signatures. orders of magnitute faster and more efficient. have fun staying poor
>are people just downvoting this because they are invested in vet and do not want naysayers? well believe me, i tried. but you cannot reason with those people. i've tried in the past taking the time and being friendly and shit. it does not matter. they just love to invest in crappy ideas they do not fully understand. they mistake something they do not understand for "being so brilliant they cannot understand it so it is a great, innovative tech i should invest in" and thus also do not believe a stranger warning them because "if i do not understand it, who is this guy that claims he does, he certainly knows shit - kek". they will stop reading at that point already, when they think you do not have the same view. no matter what you write after that: they already have made up their opinion about you. also they will start questioning my motivation. "why does that stranger take the time? he certainly tries to manipulate me". they just cannot imagine people exist that are allergic to bullshit and have a inner need to call it out when they see it. that's why by now i do not really care any more if i'm "polite" and "nice". it's just additional waste of time. i still take the time to at least shout my views out when i see wrong information spread. but eventually i will also stop doing that because all i get from it is downvotes. hey, i take the hits for the good. but it is also a personal waste of time i probably do not want to spend any longer. dunno. we'll see.
it seems you do not understand the exploitable part here: it is still the physical object. you say the id can only be creates by the original manufacturer? well let us make an example: - some vendor creates cool sneakers. they manufacture a single pair. - they also generate a unique code that only they can generate that they put on that pair of sneakers and on the blockchain ask yourself: what can you verify with that? now comes the sneaker mafia and creates a similar looking sneaker. it's so good nobody could tell the difference between this one and the original. in addition they print the same generated 'unique' code on their sneaker. explain to me: what did you achieve? how can anyone tell he has the original sneaker? nobody can. that code on the chain is useless. the exploitable part is in the physical world and always was. and as of today nobody invented a physical object that cannot be exploited this way or another. and there is a multi billion industry trying to so that for decades.
you're not really warning anyone if you're not proving facts to substantiate your claims. it seems like your goal is more to start arguments than to actually warn people.
i bought my first round of vet on 3. i also got some on 5'd guess they thistribute vtho on the 15th of each month.
so if an officer has to write a report and add it immediately to a public blockchain... how do they change their story? if they do change their story... how many times can they do it? how many times? before you catch on?
so all you need to do is collude with dnv?
> well if later any of this plastic is thiscovered either in the world or via audit are they nametagging every bag of plastic? making selfies with it before throwing it in a landfill? how do they recognise a piece of plastic
yeah this makes a lot of sense. but does not this also put it in a position where it needs btc to survive at least it reaches a
no, this is a nonsense project. how is that not clear?
dude, it cannot track physical items. people do. recording it in a ledger doesn’t change that reality. it’s just a database.
i gotta agree with the other guy. the blockchain isn’t tracking anything. ultimately, human input, which can be faked, is needed for this to work. good thing we all know how trustworthy those dang corporations can be!
not very decentralized though
firstly it’s hardly democratic as you say. to your other point, simply they get multi-partied verified data (verified by who they handpicked). thats the entire purpose of blockchain - consensus.
enjoy yours as well
but if it is not practical for anything that is not luxury or high value single-item products, then how would it change supply chain management across every industry and country and economy?
this entire thread is about plastics potatos are not individually tracked through the entire supply chain lol
yes they certify the portion of your products that can be recycled, they do not track what is *actually* recycled
give a person a fish and they’ll eat for a day. slap a person in the face with a fish and they’ll have a mild concussion.
hey thanks for the reply!
i get why people may thisagree, but to me it is about the endgame. what are the consequences? did anyone get hurt or exploited? was it to the detriment of a needy person? no. one person got good pr, and another got a bed for the week. that's a win win. of course it is always better to just do good things because it is good to do (and it some or most cases it likely is), but like the person i responded to said, you can be damn sure it influences their following to do the same. i for one would be very interested to see a study on how these public charitable acts ripple through their fan base.
the company is paying them for access to their rich friends and family, that is all. especially so at a charity
do you really believe that it does not take talent or skill to be a highly paid ceo? just because ceos are woefully homogeneous does not mean that they are unskilled
i'm honestly surprised that it got 40 upvotes. the shilling is just unreal
charities profit status is not related to ceo compensation. charities employ ceos executive directors because they are businesses. all it means to be a nonprofit is that you do not pay investors. charities are legally allowed to run a profit. that is how they grow. most charities do not employ ceos at that pay level because the vast majority have less than 500k in revenues. for those charities which do pay 6 figures, think about what that means. you are running a business making sure that it stays different and also meets your mission. you have to make decisions that affect every employee, their families, and your organization's stakeholders. that means you could be making decisions that affect thousands of people. what are the implications of underpaying a ceo in that scenario? if you cannot find and retain quality managers, your organization will suffer as a result. management is actually important for running a healthy organization
talent costs money, so if you want good talent you have to pay
you get how that is worse right? the people on top earning more than the people on the bottom because of percieved replacacility? idk i just prefer a decentralised system where people who work somewhere get to decide who leads them so the power balance is more equal. maybe through a system of voting? in the end the foreman earns more because his framers hammer more. they create the value for the foreman. blockchains could be very useful in this regard.
compensation is an imperfect indicator, but it actually reflects the value brought by skill sets. in your example, the foreman is able to organize many framers to accomplish tasks. yet, you only pay one foreman to do that, and they are making only somewhat more money. why is that unjust or illogical?
does it matter? can either justify multitudes of hundreds of time the wage of a regular worker?
some people really need that.
so are you - cheers!
there could be valid reasons, we do not know the facts. it does stop me from speculating further on the project, though it could just as well succeed.
the justification is that it ensures decentralization while maintaining their consensus mechanism which is proof of authority - this means the authority nodes sign transactions and must gain consensus with other authority nodes instead of relying on staking or pow. i do not know exactly how the poa consensus works but it was designed with security and speed in mind so that companies would actually use the platform. in order to be an authority node you need to be a company in a position of high authority and willing to invest and further develop the vechain ecosystems. a few authority nodes have chosen to reveal themselves, i do not recall who they were but it was in the line of insurance corporations and auditors. from what i understand the intention is not to be shady, it is to offer a business service that is adoptable. in comparison to bitcoin which is pool mined, 101 nodes is a lot more decentralized. less decentralized than eth, but tx fees are a small fraction of a penny instead of the exorbitant eth rates which is very important for business adoption.
the fees can be reduced. it's a two token system for a reason. so if it costs 1 vtho per check-in, it can be reduced to .5 or .1 or .01 or .001 and so on. all of this information is available all over this sub. node holders recently voted to reduce fees like this bc vechain asked them to consider doing so to lower barrier to entry and potentially to onboard 1-2 large clients we could hear about shortly.
no dumb questions. ask away. the platform automatically generates .000432 vtho per day for every vet that is held. thus, if you keep your vet in the official vechain wallet, your vtho is added for you with no action needed. it just magically appears. all other ordinary wallets do the same. if you keep your vet on an exchange, most (not all) will give you your vtho. binance, for example, makes you actively register for it. however, keeping your crypto on an exchange is a bad idea anyway. thus, because vtho is needed to use the vechain network, you are gaining value just by holding vet. there are also "nodes" that you can acquire that give you extra vtho, as well as extra perks within the vechain ecosystem. the best are called "x nodes" of which there is a permanently fixed supply. xnodes now can only be bought, and xnode holders get extra vtho, more voting power regarding big platform decisions, plus other good stuff moving forward (much yet to be defined). feel free to send any more questions my way. you can also get more info at vechain.org and vechaininsider.com
say you are a company that wants to do 100k transactions a year, which would currently require 21k vtho. you can either buy 130k vet to produce the 21k vtho a year at a one time cost or you can purchase the 21k vtho every year as needed. vechain also had third party dapps like toolchain where a company can pay a yearly fee to use the vechain blockchain and never have to worry about the crypto aspect(purchasing and holding crypto). the idea is that the more companies that use the vechain blockchain the more transactions on the blockchain would increase demand for vet, which would increase the price. currently, the biggest user is walmart china (3 pilot stores) that produce 100k-200k daily transactions and are adding more products to track each month. if they decide to use vechain in all 426 stores in china that would be at least 28 million daily transactions for just one enterprise.
it would sure be nice to have these tiered pricing schemes. vechain has actually introduced tcc (tool chain credits), which are used as credits to use toolchain, which is kind of like an aws for blockchain built on the vechainthor blockchain. the transaction costs are handled by the vechain foundation themselves through an mpp (multi party payment) protocol. this way the companies who want to use a public blockchain don´t have to even touch cryptocurrencies, which can be a big no no in certain jurisdictions. i would think that traditional pricing scheme would be possible through a solution like this. can´t really comment on the marketing aspects. i´m more of a tech guy myself. :)
you’ve been asking great questions all over this thread and i just wanted to say thank you! i’ve got a much better understanding of the tech thanks to your questions and of course the very detailed answers from other members.
that is what i am getting here. seems like a good way of making sure data is not tampered with. in an age of misinformation, it could be valuable.
yes exactly! let's say resea runs a private database to track their impact metrics, like every other environmental ngo out there. you would just have to take their word for it when they announce impact numbers. on a public blockchain, that is not the case. so in this example the nefariousness is around advertised impact numbers. for other use cases, the nefariousness could be different. and the underlying concept (of decentralized infrastructure) is a public data store that cannot be altered after the fact (without a massive node consensus attack), and incentivizes all participants involved to do their part. as an engineer, it is beautiful. as a marketer, i worry how hard the benefits are to explain.
immutability has both pros and cons, no doubt. i'm def not saying all data storage should be immutable for all use cases forever. in this case, it looks like vechain requires resea to print qr codes for each transaction that is counted onchain. so yeah, resea could print a ton of qr codes and scan them all without actually cleaning up anything. that's at least a whole lot harder and would require more complicit parties than just claiming some impact number to the press with no public record at all to back it up. personally i hear you, and i think blockchain is better expressed in purely digital use cases (like currency in defi projects). once you add a real world layer it does expose opportunities for misuse.
no, it is additive. that's why it is called a blockchain. each set of data is new. it does not change any data. it's all linked together. instead of changing one excel spreadsheet that changes daily, it is adding a new, unchangeable (immutable) spreadsheet and linking it to the previous one.
plus it is fun to see "new guy" come in and talk about a coin with a max volume of 80bn going to .
i hear that. the sub is not too bad though. it's still small enough to stay relevant.
huh, that is news to me. i consider it as one of the more friendly ones. well... atleast before the 2021 moonboys arrived but they are on all subs now.
lol "look at me i make considerably more money than you plebs and have some big brain power" great flex chad. this should be on r
so, why are these big partners using vechain if it is not superior to technology they are already using?
oh man. too much cringe. who the fuck cares about your salary lmao.
you sound very very immature. i'm kinda embarrassed for you
wow. i take a break from space jungle and come back to see this guy making up entire arguments in his head and then getting angry over them. the tv was better value if we're being honest.
i highly doubt you make “high six figures”, real 6 fig chads wouldn’t spend hours arguing on a single reddit thread. opportunity cost my friend...
it does not matter whether someone pays you to use a product or not, if the product exists its not vaporware. if you want to make baseless claims like this, go ahead, but at the very least get your terminology correct. vaporware is the wrong word here.
ok here's the part you're missing. how do they know what that unique code is? its something you have to get off the physical product. coming into physical contact with the original is a huge burden in and of itself... did they steal the original in order to get the unique id? if so, why create the fake in the first place. your example also scales terribly. as the number of products goes up this becomes infinitely more difficult. it may be possible to steal the unique id off one pair of shoes or get the right picture of that shoe to get the qr code. how much harder is it if there are 1000, 1 million products. every fake you try to sell you'll have to somehow come into possession of an equivalent real one to copy its unique id. it's not feasible.
i did in other posts here. sorry i do not deliver all relevant information in newspaper format for free.
thanks! i'll keep an eye out
haha yes, your little charity just has to collude with a 2 billion revenue global accreditor lol
over time it will be more stable, it is in the growth phase so it will be super volatile. same as how the stock market is all crypto right now needs btc, but the dependency will always go down over time
dnv has been in the certification business for more than 150 years and is one of the most trusted entities in fortune 500 companies. so if they certify the data upload is done correctly and thruthfully into the blockchain, and the blockchain quarantees that the data is immutable, then what are you talking about its a nonsense project? you don´t actually want to know how your products are produced or if the charities are doing the job they promised to?
you do not understand the blockchain if you think this is not tracking anything. the human input is being checked by multiple independent parties along the way, that is what makes it significantly better than just using a normal database. the data can not be changed. if you work in any type of business you would understand the benefit to this
debatable. you should look into the validation mechanics. even if 51 nodes wanted to collide, it wouldn’t work. you could make the argument it’s more secure and decentralized than the vast majority of other crypto projects.
and why the hell would they trust extremely sensitive data to candidates picked by some singaporean foundation? >thats the entire purpose of blockchain - consensus it's not. it's also about immutability. ccp does not seek consensus about storing the population's personal data.
do you have any idea the logistics of that endeavor or are you just going "duuur launch it into space" to be a troll? logistically it is impossibly infeasible to just launch our garbage into space.
i guess you're just a contrarian. i was interested in legitimate conversation. good day to you. edit: plastic is not the problem. it's the way plastics are thisposed of.
that's not what it says at all. there's nothing there about certifying what portion of your products can be recycled... there's certifying what portion of your product is made from recycled material which does tie in with tracking what actually gets recycled
while i’m sure this is the case at some organizations, there is no way the entire nonprofit sector can be painted with this broad of a brush. in the city i live in alone, there’s tens of thousands of nonprofits and i can guarantee that every ceo or president isn’t some fat cat with rich friends. if you’re in the us, check out 990s for local organizations in your city. it’s all publicly available info and will tell you the salaries of the top 10 highest paid employees. sites like charity navigator also have some financial stats and accountability metrics. it’s easy to cherry pick a couple of massive orgs like the red cross or doctors without borders and make generalizations. but i guarantee your local food bank, homeless outreach org, animal shelter, etc. are not run by secret millionaires with millionaire friends.
people love bloated ceo pay and imagining that they’ll be there despite chances being lower than winning the lottery. then again, this is r.
lol ...'symbolic' ... lmfao
i thought people that work for charities 'believed in their mission' though?
you will _never_ build a house that way.
in my opinion, it is neither unjust nor illogical. (may have me confused with the commenter above me.)
i'm going to have to take some time to process the information you provided already. will most likely pm you in a few days if that is ok.
> the idea is that the more companies that use the vechain blockchain the more transactions on the blockchain would increase demand for vet, which would increase the price. wouldn't this go against what any company would want to use a tracking mechanism for? if the price increases the more you use it (not just the total bill but the cost per execution) then it does not seem like a sound financial investment for the growth of your business.
yea fkn hilarious. a half a billion market cap would mean roughly -7 per coin and even then that’s a long way a way.
using cryptos in completely unnecessary scenarios is what is really cringe.
you think companies have some sort of superior knowledge? they are run by individuals with the same limited knowledge. also: if i pay you 5 million usd in vechain to promote my business you think it is hard to find companies that will do this? you do not seem to understand how this business works.
nobody and you do not get my point.
happy to hear that from you. wait. who are you?
think what you want. i make my money regardless if i argue here or not. i never ran away when i saw idiots with wrong arguments. probably one of the reasons i earn what i do.
what do you think how product plagiarism works? they always get a original one to create the copy from. also is scales well enough: i only need 1 valid id i can copy to create a unlimited number of products from it. now you say "yes, but everyone will quickly know that number has been copied alot". sure they will. and they will communicate about it. but why do we then need that fucking blockchain for it, if it does not provide you that information but you have to rely on twitter and other to know that the number has been copied by someone. now you say "yes, but then the manufacturer can mark that id als counterfied". sure they can. but they would destory their own buisness with that move. at least one actual original pair exists and the proud owner now has been screwed. nobody will ever again buy the original because it could be declared "counterfied" at some point in time. in addition: if the seal is a "secret" that nobody is allowed to "know" or "see" then you have to fully own the \_hole\_ production and logistics process. nobody has achieved that yet. you see leaks of every product from every vendor \*every day\*. thousands of people are involved in it. to believe someone could control this is just insane and one of the initial \_reasons\_ why product plagiarism even exists. if you fix that than you fixed one of the actual issues. what brings me back to my point: blockchain does not fix that. and everything we have just been thiscussing already existed with the exactly same level of security (pub) before blockchain. everything you just said 1. already existed long before vechain 2. never actually fixed the problem
so then put it all on dnv's central database if we're going to trust dnv. why do we need any blockchain, let alone vechain?
vet is just over dependent i'm saying for ex, eth escaped the first btc dump last month because it was having a strong run. ada, matic have both had minor hiccups but have recovered pretty easily. most importantly, almost every promising coin recovered to the price it was before sooner or later after the dump, but after all 3 dumps, vet's just struggled to even make it back to the original price. i'm not gonna give up on it, i'm just tired.
ah, a trusted third party. just what blockchain needs.
who’s database is being altered in your theoretical world? the shipper? the receiver? the customer? everyone already records their step in process. is somebody hacking and altering every step of the process?
human input will always bring about errors. that’s fact.
okay, make that argument
it’s impossible because humans are too stupid to see the answer right in front of them and rather delay the problem until it bites us in the back.
help me understand -- you want to deploy a tracking system on every single piece of plastic manufactured, then scan it that item at its final destination, and deploy infrastructure at every possible final destination on the planet to support this, so that... what? so we know where some of the plastic went? who is going to pay this absolutely massive cost, consumers? why would a consumer pay for this? and you'll boycott plastic manufacturers who do not comply with this tracking? why? they have no control where the plastic goes
>certifying what portion of your products can be recycled that's precisely what the certification is. they evaluate the portion (by weight) of your product that is sourced from recycled materials, or is recyclable. they do not track every single unit of product produced to their grave site to see whether or not they were recycled -- that has nothing to do with the manufacturer, it is decided by the behavior of their consumers. i feel like we are not even thiscussing the same issue. this was about tracking individual units of plastic to their final destination. it is not about whether manufacturers source recycled vs new plastics. that wouldn't occur at the unit level.
i do not think the salaries of anyone at local food banks or animal shelters comes anywhere near the level we're complaining about here
i do not thisagree about meritocracy, but that is not what i'm saying. the job requires skills, but the most skilled people do not necessarily have ceo jobs. just saying if you make blanket statements people are gonna ask you to prove them from time to time. fair enough though gl to u
did you even read the article you linked? "and what about mcgovern? how is she paid? “red cross president and ceo gail mcgovern’s salary and benefits are paid from general operating funds,” spokesperson jenelle eli said. “general operating funds include all revenue and contributions not restricted by donors, contracts or specific program costs.” those funds amounted to about , according to the 2019 financial statements." . the ceo makes 700k.
a rich ceo could just donate to the charity and get all the social perks of donating to them, a tax writeoff, a seat on their board, and be richer then if they were the ceo. there’s an interesting ted talk about the subject.
i think worker co-ops already exist.
oops yeah, it is late for me
haha, this actually made me laugh. hope all of our investments allow us to buy the copious amounts of cheese we deserve.
no, because they have built in mechanisms to keep transactions costs low. for example, about a month ago with the recent rise in the price of vtho, transaction costs rose to 42 cents. node holders were able to vote to reduce the amount needed from 21 vtho per transaction to .21 vtho per transaction or half a cent per transaction. so even if demand or speculation causes vtho prices to rise from 2 cents to 20 cents, transaction costs will still be low. also, now the vtho that your vet produces can provide more transactions on the vechain blockchain. obviously, initially transactions need to be very cheap to entice clients to use the blockchain to see its benefits like saving the company money. over time, prices of the transactions can rise because the value it provides to these companies will outweigh the costs of using vechain.
if it hits .
i would suggest that the guys at dnv know more than you.
you've brought up the exact reason why vechain is being used. if every product had the same unique id you'd know it was fake. you do not need twitter or some other social network to find this out. i could just scan two products side by side and see they have the same id and know they are fake. especially if the id got flagged as counterfeit as you pointed out. this is literally a huge difference so i do not see how you're saying this existed before vechain or how it is not fixing a problem. 1. you're looking at a problem as black and white. vechain may not perfectly solve the problem, but it makes it significantly harder to counterfeit a product. of course a fake can always be made one way or another, you're talking about getting access to production secrets which do exist for tons of products. that's a huge barrier that makes it much harder to fake a product. it's not impossible, but it is much harder and that can be enough of a deterrent. 2. if a production secret were stolen such that counterfeiters was creating fake ids, you could trace that on blockchain, every id generated after a certain point could be marked fake and the company would just generate a new signature and start creating new id's. that's another huge reason why it does not really make sense to try and steal that secret, which is already hard to begin with. 3. you're looking at a very narrow view of the problem with very rare items. consider going to the store and looking at bottles of wine. i can scan a bottle and see it has a unique id created by the manufacturer. i can scan another bottle and see the same thing, the id's should not match. likely any fake would not even have the qr code, or if it did, would likely have the same id as another product, which again could be easily flagged as faked. this does not stop me from buying a legit bottle of wine from a different store as you're suggesting no one would buy the original. case and point, vechain makes counterfeiting much more difficult. companies like walmart in china wouldn't be tracking hundreds of products with vechain if it was not useful.
i think what he is trying to say, is that vet does not make the data accurate. it simply makes it public, and immutable. what benefits that brings, i'm not sure. as you say, there is no way to guarantee the entered data is accurate, besides perhaps some sort of blockchain enabled plastic sorting machine with sophisticated ai monitoring the entire process of capturing the plastic, which is tech that is obviously way beyond us right now.
well if you look at just 2 months ago, vechain is up 3.5x against btc, and 7x from only 5 months ago
how would you verify a manual job then? magic?
it's to prevent scam charities. it's just multiple levels of verification to ensure you are donating to a legit cause. anyone could edit their database for any reason when being audited
but it can be checked along the way. and the whole point is to give people who are donating to charities proof that they are actually doing what they claim. which is where the dnv verification comes in as well.
like i said, look into the consensus mechanism that vechain uses. it’s different from all others.
what about the environmental cost of producing and burning the rocket fuel that would be required to send a meaningful amount of our trash to space? right now the cost of sending something to space is >() so the cost of sending just the plastic collected by resea would be ~... and what they have collected is a fraction of what goes into the ocean every day. what you're proposing just is not feasible
facebook gets the same reaction here as robinhood
yet one of the reasons why they changed they name…
i read that they are going to monitor people's facial expressions, body poses, eye movements and fill their metaverse with ads. the amount of data they are going to keep on people would be scary.
facebook rebranded because their demographic is 35+ yrs old which means “dead” they’re trying to pivot to stay alive after acquisitions of any new popular app didn’t work. poisoning the name
**deleted fb years ago and i will never regret doing so**
as a shareholder, i have to thisagree. everyone needs to use their sevices more.
i deleted that garbage 10 years ago. i could see where it was headed. my problem now is getting people off the instant messenger. i've suggested both signal (more private) and telegram (more pretty), but it is like trying to move donkeys through molasses. i think i successfully converted 1 of 30 people.
apple has chinese children making their phone. takes a lot more for people to change their mind
>that's what meta is, they are that invasive stalker who scoops up and sells your information but you keep giving them access to your lives...why? because i do not mind. if my choice is that either my valuable data lies around unused, or is deleted altogether, or that i can get facebook in exchange for it... i'll take the facebook.
so you're saying privacy matters? hmmmmmmmmmmmonero
data abuses, monopolistic practices, aiding and abetting genocide, human trafficking, the downfall of civilization...
this post is bang on... unfortunately this would not be the case lol😅☹️
think you need to clarify this, you've missed a bunch of detail.
if penalties did not include zuckerberg being placed behind bars then these penalties mean nothing.
yall still use facebook? lol
*types this reddit post from data mining iphone*
new name new data crimes
agreed. i personally don’t use facebook. i tried it, but it seemed to have some pretty evil algorithms and privacy invasion running in the background that i just couldn’t get onboard with. i have no idea why others give in so easy. if they didn’t, someone would create something much better and safer.
is there any large-scale company that you guys think is not a stalker and completely honest? also, it is very funny that 90% of the comments are "fuck facebook, i closed my account ages ago" but probably the same people are using either whatsapp or instagram in their daily life too. reminds me of the people who get pissed off coca-cola for some reason and claim that they are protesting it by drinking fanta instead.
i agree with you 100% but damn this sub has gone to shit. what, is this the new standard here? facebook bad! robinhood bad! blablabla, same old circlejerk shit. go visit cybersecurity and privacy subreddits, people, if you really care about it.
waiting for “meta” to start buying up the metaverse competition like they did with instagram and whatsapp. similarly i heard about the massive microsoft purchase of blizzard for a cool ?
are you suggesting a boycot of all meta products or just facebook? meta is huge it has instagram, whatsapp, so much stuff
metaverse will be the future! fomo for me
i deleted fb and ig (and stopped going on my city’s subreddit) as my new years resolution, and my mental health has greatly improved. highly recommend it.
didn’t the company do their own study and conclude that their practices contribute too teen suicide and depression and just shrug their shoulders and keep going?
trying to rebrand as meta to have people forget about their evilness in 5-10 years
ohhh so we should be okay with google, amazon, microsoft, ibm, adobe, oracle, salesforce, apple, samsung, any cable provider, hell the government. lol you cannot escape blatant data abuses
so bullish on matic then huh
i really want an institute of digital health to kick facebook in the balls…i don’t want to sound doomer or boomer but this rate of digitalization is concerning me
if i got a nickel for every company who tried to *rebrand their way out* of their shady practices… 🙄😒
facebook is the herpes of social media
to be honest i have the same drawbacks with pontem nox (pontem is an experimental network for diem (by facebook). pontem will try to get a slot on kusama network in the upcoming crowdloans. i cannot give any dates, since it is currently listed as having a waitlist. if pontem succeeds it is not great news, but it is still only the test network launched. however if diem manages to secure a slot on polkadot i would be upset, even if it would mean more adoption on polkadot...
while i completely agree, the vast majority prefer not to know and if you inform them, they just do not care.
atleast could have put up with the tracking if it were useful... but later on it got annoying and pushy... like it is taunting you putting things in your face that u're not into. prob to increase the screen time i guess.
we live in the dystopia orwell, bradbury, and huxley warned us about.
if people can make money of it is coin or metaverse, they will.
where is there any implication that meta is doing anything for the crypto world to begin with? there are no details or anything, outside of some casual mention of maybe supporting some blockchain integration.
i bought an oculus yesterday, but it did not let me use it without creating a facebook account. i just thought i could game in peace 😅
the people that were born into this data sharing era, do not care about sharing their info, it is what they have always done.
i've got bad news folks. data abuse happens with a lot of the companies you use. you're going to need a few more pitchforks. which companies do you think are not tracking you?
enjoy while facebook has not popped a token. soon we will have facebook crypto holders defending daddy zucks
it’s like going back to your abusive ex because he changed his name from jared to jake
this includes instagram and whatsapp too!
sadly though, ppl seem to forget or are just ignorant and will give up freedoms for access to the new and convenience. just look at all the shit amazon's alexa, apple, and google have been exposed to doing. yet, ppl still let them in their houses to watch and listen to their lives. just so they do not have to turn a light on with a switch, unlock their doors with a knob, start their cars with a key, or even shop in public. not everyone, i understand, but enough to make it the popular vote.
arent all the major social media sites owned by that alien man mark zuckerberg (fb)?
specially if you're in crypto. you would know that level of centralized power is not good
you do not have to put it any way. fuckerbärg is *out*.
if anyone trusts that empty vessel of a human, zuckerbot, then they are hopeless. at this point it should be clear as day that they have no virtuous intentions for the betterment of society. they want nothing but monopolistic control of everyone's data. you think we'd get the picture from all the reoccuring villain plots in movies.
just an fyi too as a rift s vr owner, facebook legit allowed palmer lucky to make promises on things they would or wouldn't do with vr. fast forward a year and they were openly breaking it acting like nothing's wrong. you cannot trust them at all even if they tell you what you want to hear.
the same people who dgaf that it started as a site to rank girls on hotness are the ones feeding and perpetuating the abuse. it's a certain demographic that is easy to trick and steal from. pretty blatant to the rest. but we get shunned for not using their products. clever tricks from the goblins.
i can’t help but shake my head as everyone is doing that 10 year challenge again. mind boggling. letting them build their facial recognition software to accurately age people.
metaverse sounds really boring... i might be cynical about what younger people want - but it just does not sound interesting to me?!
people want an escape from reality and the metaverse gives it to them. you want to talk to your friends? just use a social media app. well that is all owned by facebook now too. now the meta coin is going to be advertised heavily on facebook, and most probably give people a one-click option to claim it. "give us access to all your files for some meta coins." no second thoughts for people, especially the older generation. best believe meta is gonna be a top coin, maybe nots much as bitcoin, but definitely up there. that's going to be the end of desentralised currency. when the top 'decentralised' currency is not decentralised
i would never do a virtual reality where every action i take is saved and sold.
fb and meta are for the elderly. let em have their elderly fun.
‘how can i put this’ no need to bother about it. just put it as it pops up in your mind. it will be clear to everyone with more than one brain cell. do not use facebook in the first place, and certainly not for crypro.
but the oculus quest 2 is so affordable!
black mirror all over again…that’s said - get a small bag in case it moons and then take the bank
technology-addicted sheep have short term memory.
facebook literally knows more about every single one of us than we know about ourselves, stay clear away, i read they got given a report that said they actively contributed to the anger in ethiopia which led to ethnic cleansing, as well as the tensions in myanmar. why did they allow this to happen? because people are more engaged when they are angry. they control its users, and actively allow the destruction of society for profit. fuck facebook, fuck mark zuckerberg.
absolutely, 100% agree!! i cannot believe this still needs to be said, after all this time fb says we want to rake in more of you(meta) and there is still people that are ok with it 🤦‍♂️. some people just cannot be saved.
you can say "fuck facebook" all you want but if you're still using instagram and whatsapp or a few other things, you're still putting money into zuck's pockets. how do these advancements get made? money. you better boycott everything zuck has power over otherwise you're not doing anybody or yourself any favors.
facebook is the worst, and meta will be a cancerous growth on the crypto sphere. hopefully it fails, so an alternative can succeed
if you rename yourself you are not responsible for any sins you’ve committed under your previous name
we saying fuck facebook? i’m down. fuck em good.
it will end up a success too i imagine, because of the amount of idiots who don’t see facebook for what it really is.
this reminds me of the evil cooperation in "ready player one"
how do i remove myself completely? serious question
you know google does the same thing but worse right? they can record keywords when you speak as they own android and you always have your phone on you, also if you have a google home they record voice conversations. anything you type on google or youtube they have, they have all your emails on gmail, all your content on google drive, and all your passwords to any site that are remembered by your google account. meta just has your facebook info, your messenger stuff, instagram, and whatsapp stuff. not saying either are great but give credit where credit is due.
who is zuckerberg? you meant suckerberg?
it's why i wont ever own a quest. vr is cool, but i'd rather spend more on a headset that doesnt steal my data.
i'll stay poor if the only alternative is helping that shitstain company make money 🤮
woah this post just sent fb stock to . you did it!
totally agree with you. the term big brother is like 100x worse in vr, cause they can literally track everything you do, down to what you are always looking at. oh we see you starred at that bmw for more than 5 seconds. let's flood him with a bmw ad everytime he logs in!
if you want to find any fb(meta) supporters go to zucks fb page. that's the only place they exist.
the oculus is so fucking cool, i may need a facebook account just to use one though
i assumed from the jump that metaverse is really just a way to permanently cement work from home while making people work longer and longer hours. nice way for a business to ensure that the programmers they pay peanuts to don’t spend more than 5 minutes taking a dump in their own home.
the secret to successfully mainstreaming nfts and crypto...make it easy to understand, functional. fb attracts the unintelligent and mainstream average-brains. it is successful because everything it does, it does in a simple manner a 5 yr old can understand. and, they have mastered click-baiting. do not underestimate fb, ever. some people cannot live without their fb persona. they get to be center stage in their "friends" lives every minute of every day. they do not care about the 60 minutes expose and congressional hearings on how evil fb is. they do not care about their privacy like we do. in fact, fbers put more content about their lives out there after data breaches. gamestop and loopring must figure out how to compete. a bunch of hodlers is not enough. they need to make nfts, crypto, web 3.0 appealing to the masses, not for us or the nft geeks. they need to dumb the shit down. what may be elementary lingo for loopring and the crypto crowd, is a foreign language to the masses. this is how gamestop's nft marketplace and web 3.0 will succeed. appeal to the masses. hell, gamify it. that's why dumb rh and stock trading became popular. they figured out how to make the stock market easy to understand and fun. so, do not thiscount fb. they know people are dumb and will continue to profit over it.
love the “formally known” being thrown around. it’s still known as facebook in every circle. just because zuk gave himself a nickname doesn’t mean we use it.
if my metaverse tokens make me rich idgaf, my dream is to homestead out in the country. need money though.
when there is nothing to pay, you are the product.
once in awhile i log back into facebook just to check notifs (like once a month). a lot of times, its sending me recommendations of things i looked up on google. wonder how you got your hands on that info facebook?
we could always set up a wallet and donate crypto funding to help the original meta company fight facebook in court over the name.
i do not think they can be stopped. they are spearheading the effort to build the metaverse and stake their claim on whatever they can get their hands on. the end result will probably be that they own or control a sizable portion of the metaverse. perhaps a large aspect of it will be built from technologies they build from scratch. my question is have they learned from their own mistakes with facebook? imo they have routinely made poor decisions regarding privacy and it never seemed like they were learning their lessons. the whole "move fast and break things" was literally what they did with privacy.
kilt + socialkyc + sporran
dog idk anyone who was hyped for that crap, except for people in this sub pretending facebook is suddenly good. it’s been 17 years of snooping guys, let it fucking go.
don't think meta cares whether you're using it or not.
ignoring all that, who the fuck thinks participating in the most stereotypical way to thisconnect yourself from reality in every dystopian setting would be a good thing or even fun? it looks boring and creepy as fuck.
it's cause of these privacy issues i decided to start using vpn while surfing the internet to prevent whatever could arise. especially making sure what i use are decentralized vpns like spider vpn and sentinel. making sure even my user data cannot be sold out.
what about your phone, your reddit, your other websites, cc, bank acct, subscription services, etc? they’re all data mining.
they are a violation of basic human rights and they should be shut down!! period !
i’ll push my idea here of a decentralised version that runs on the brave model. i plug it because i lack time and expertise to do it, but would move very quickly to adopt it.
fuck facebook. sweet baby rays is fire though
thank you!!! never forget, never forgive! people are going to be stuck on "metaverse" while zuckerberg harvest their minds. like his overlord command!!🤨😏🤨😏😒
i do not understand, the "crypto sphere" is made up entirely of con artists, grifters and scammers. facebook fits in perfectly.
i’m not a facebook fan by any stretch of the imagination, but lol but if you think every other data harvesting site (reddit included) isn’t doing shady shit, then i have a bridge to sell you.
what do people here think of google? genuinely curious - do not shoot the messenger lmao.
i wish i could rid of it but all my friends and family use it and they likely all would not use any other messaging service for group chats
nothing will change, their user base will only grow. im soo glad i deleted that shit from my phone. yall should too thats the first step.
wait until everyone wises up to what chain analysis businesses are doing with all of these transparent blockchains...
facebook is building the "metaverse" backwards. rather than start off with an awesome experience and slowly weasle in monetization and ads, they are starting with monetization and ads and trying to figure out how to weasle in sub par experiences
remember when the cuntpany formerly known as facebook was going to launch libra, its own crypto? decentralized, secure and anonymous 😂😂😂😂😂😂😂
they will most likely be focusing on the kids growing up now. that way they can control the history and narrative with new people.
wait until you find out what stores do when you shop at them lol.
people get a ton of entertainment, thistraction, and apparent utility from facebook all in exchange for the very low price of 0 + allowing facebook to advertise to them as effectively as possible. what's the alternative? people wouldn't even pay - so here we are. the truth is most people could care less about their data privacy, they just like to see what their high school exes.
not sure you understand how greed works.
it's not just the data mining and privacy issues facebook is guilty of, but thisgusting business practices such as hiding page content from the page's own followers unless you pay to have the content shown. just outrageous, akin to kidnapping and ransom. if you work with facebook's back-end as a page manager, you'll also be appalled at how haphazard and messed up their back-end systems are. absolutely cannot be trusted to handle crypto! facebook is a thisgusting stain on the internet. i have not even started on scammers.
what data is it? is it when i google the blue stuff on doritos? or good fried chicken place near me?
and they made a garbage crypto libra
it winds me up how much msm companies that previously would talk about how bad facebook was, talk about facebook, like they have suddenly forgotten it is still facebook?
they have our footsteps, the ears, the friendships, the preferences, personal data, almost the personality, and lots of more. adding metaverse will be the eyes, expressions, full personality in a character. the ultimate goal is to change you into a bot character living in metaverse. but eventually in real life you will die and that character of you will still be living for eternity. imagine an interaction with musk a million years from now. how many people die for interacting today with abraham lincoln? even einstains brain was sectioned and stored, maybe re make it in the future...? now imagine your eternal life character been converted into an automatic bot that can do stuff in the metaverse, burglars or a soldier for a battle btw dead metaversers and real beings. army of the deads voting in 2100+ elections. do you recognize who's a bot commenting on social platforms? well sometimes is obvious but real answer should be no. yeah great future for face chunk metaverse. i like the idea, but hot to combat the downside.
meh. i’m a data protection attorney but to be honest i don’t really care. the moment someone even uses google they have no leg to stand on when chatting shit about fb - it’s the same shit.
to summarize mark suckerberg steals, he stole our data, company's data. heck he stole the facebook idea... now what good do you think would come out of someone like that
we should all enter something along the lines of “meta data harvesting” into our browser rn
i feel the same but whatsapp is something, everyone around uses.
i havnt for 10 years newb
now that ig and facebook will allow nfts now.
big tech is the only reason anyone should be bearish imho
fb is for boomers and gen y. millennials use it sporadically. fb doesn’t have longevity in the social media sphere, everyone is predominantly on tiktok now.
gen x chiming in. i think this is going to fall flat on its face. 3dtv 2.0 and i think gen z would not want anything to do with it. problem is zuck is a millennial and he stated all this and thinks he is in touch, but he is not, not any more. one of the things that is hard to swallow as you get older is that your ideas and what you think is cool no longer applies. he's got yes man around him and i just think gen z will have watched their parents and grandparents stuck to their phones and think 'fuck that' because they have been ignored a lot. i think to a lot of kids these days, facebook is the enemy, not a friend. and no amount of rebranding is going to stop that.
the amount of data they are going to keep on people would be scary truth to be told. and it will be risky for privacy of any individual
and let us not pretend they are doing anything for any reason but profits. they could not care less about crypto, the tech or the people. they care about making money. period. if they could they would sell us along with our data.
while google has been reluctant to dive into crypto, meta has experimented with cryptocurrencies, including an effort to create a global digital currency that could be used by facebook and whatsapp users
i recommend watching "the social dilemma". i knew it was bad, but man that was an eye opener. very skeptical to using hardware made by facebook. they already track what you read, what you like, how long you look at each picture, etc. and they sell that data or use it to make you addicted to their platform. i know it sounds paranoid but i'm not gonna be naive either. a vr headset from meta on your head tracking your every move and eye motion? no thanks.
google- they are all in data mining field. this is how companies make money. the only thing is - facebook is not that good at securing that data, and shit their pants every couple of months.
**facebook x robinhood:** best friends in a room, they might kiss
zucc is actually hella creepy if you think about it lmao. i think he had some project before facebook that was for women at his school or something that rated them.
i do not care about shitbook also.
i feel like we shoul tell more non-reddit type people about meta and the implications since they are gonna bring the actual decision with theire money
the only app i regret using is fuck facebook
anything related to facebook should be avoided at all costs complete cancer
if you have a fb(including updates). people do not comprehend the word decentralisation in terms of crypto. needs a bit sinking in. 10 or more years maybe after to-the-moon-hodler fever fades.
thatswhy the most valuable companies in the whole world rn are data companies. the likes of twitter, facebook, tesla.
i need car parts and car groups to help fix my miata
people who think that data they put on social media are safe and act according to that are just dumb. its hilarious that people think services dont abuse it to an extent.
that's why do not use wankbook
meta is the fucking combine
no one should use fb for any reason. seriously - why do people want to find someone they knew 20,. 30 or 40 years ago?? or post about their lunch? or give details about vacations (so others can then burglarize their home)? or post embarrassing pictures of their children or grandchildren? kids have a hard time growing up - they do not need to have their embarrassing moments captured for all eternity so others can point and laugh. btw how many pics do we have of its narcissistic "leader's" kids?? my opinion only - take it or leave it.
\*helmet on in preparation for the oncoming downvote tornado\* you know what. i do not give a single sh\*t. if meta introduces a coin . not going all in but i want to be in when this gets it is hype. i wont miss out on this opportunity because i am here to make some money. if you look close enough you will find questionable attributes in nearly all projects.
just call them facebook forever,not meta. it will hurt their shitty brand.
meta is mark zuckerberg watching black mirror episodes and thinking:"yup that sounds like a great idea, needs just a bit more (political) adds and less privacy"
better not have any facebook apps installed: fb, instagram and whatsapp.
totally agree!! we just thiscussed the same thing with my friend yesterday. he told me we need big players like meta (facebook) and google for profit, but i told him that in short term it would be beneficial but does it really worth it? we really don’t need these companies for a short profit for market cap rise etc, i strongly believe no one should use their services on blockchain if it ever happens , especiallymeta and google. we don’t need centralised scumbag companies and the company owners. we need people that are willing to change the game and contribute to the people. people need to be aware that they really really, really should stay away from these evil companies in future no matter what they are up to.
and they are already doing the equivalent of this with browser fingerprinting whether you have a facebook account or not. using 'meta' products only helps them be more nefarious.
we should boycott them
can you unpack what that means….? what data’s being shared with facebook here? and in what form?
can you explain specifically what data gets shared with facebook?
facebook *is* doing research on harvesting biometric data from vr use. it *will* be used in nefarious ways. you *can't* undo that data loss and what it means for your 'social capital' once they have it.
how do you end their monopoly? force someone into business to complete with them?
facebook makes thisinformation and hate go viral on its platform because that type of content gets the most engagement $$$.
leakage of user data?the facebook scandal is far more than that .
honestly i dont care, they can take what they want. facebook isnt the only company in the world that grabs data, google does the same .
no matter how much i adjusted my settings or reported it was everywhere. facebook has become a machine of crraaapolaaa .
they believe that facebook will be responsible with all the new data precisely because they do not think, or rather think past step 1.
i don’t believe facebook can launch their metaverse successfully. their most successful products are all acquisitions like instagram, tried with snap, whatsapp i personally am bearish on this company
i really hope they get forced to raise the price of the quest 2, it quite literally killed the vr industry. everyone is making shitty android games beacouse there is not a market for onpc titles with acually good graphics.
moonfarming, ad pushing, news headline recycling based on the flavor of the day… bull… whatever generates the most clicks. this sub embodies the very fomo i once thought it avoids. it's no better than a google search news feed. what's even better, this original post was removed due a lack of characters… well how the hell is just a plain link to a medium"news" article ok then? actually this is a comment now. fuck this sub. spam it then. ruel set 5 is rather encompassing, yet this sub is still plagued with over voted bullshit. it's clearly meant for the success of a few. in other words, it's fucking centralizled. whatever. at this point i'm done. enjoy your moons, more for you guys i guess.
right there with you. quit facebook when they released their spyware messenger. people really need to boycott this parasitic entity that commodities humans private lives. zuckerberg is like socrates in that he should be stoned to death for corrupting the morality of the youth.
speaking of meta coin. did anyone get duped by the ads on facebook for metacoin and it was just a scam? i mean, facebook let a scam company, scam people on the very coin they will use. what bull crap
facebook is lame, it is becoming a platform for people over 30. this is a last ditch effort and if he puts too much into it i could see this being the beginning of the end. of course he will maintain his loyal base but they are aging and people are moving away from it. boomers have money and facebook is the only social media boomers have so i'm not surprised there are believers and investers with followers.
i hate to break it to you but all large tech companies do this. it’s not just meta. they just happened to be the ones that got caught. you would have to stop using facebook, google, amazon, windows and more to avoid your data from being used. i find it silly that people who stop using facebook think they’ve stopped the problem. source: i work in tech for a fortune 500 company
lol facebook set the standard for information theft for the entire internet; hopefully future laws restrict what allowed it in the first place rather than utilizing suckerberg as a public sacrifice. i lost money today lol
i have not used facebook in probably 10 years, i have deleted my account multiple times and the next day it is still up...
couldn’t have said it better than myself
when i tried to delete fb, it made the process arcane and circular - 'click settings. click delete. article about how to delete. click article, leads to settings.' or some shit like that. then after deleting it, i thiscovered that the account was live - **they had restarted** it. this proved to me that i was right to never touch it again, and that they have **no respect for users** or anyone else. the only way to contact fb is through an fb account... fuck them in the ass.
you are right but i do not think anyone who knows facebook history on privacy trading and breaking laws in almost every country is going to believe in their so called meta transition. look at the track record, they are behind electoral gains on specific party privacy trading with gov divert issues and ignore online bullying promotes hate pages ignore user reports and most horrifying is... behind genocides behind public outrage on false propaganda promotes hate speech on religions and so on. the list is terrifying and almost every country knows this but they do little to avoid such exploit. so if anyone knows what facebook is then yes he. remember, signing in to their metaverse prog is like giving.
formally known as a bunch of wankers.
if you are against facebook and other companies selling your data, use kin ecosystem apps instead and get rewarded with for a fairer digital world!
the only place i can say fuck the zuck without being banned!!
metaverse is a body on its own and i do not think it must be facebook. survive p2e is bringing a whole new complexion to the metaverse. a replica of the world where you can live your dreams, own property and even make friends.
i stopped using facebook and instagram years ago, never looked back imagine facebook tracking you not only where you are but what you do around the house and analyzing that data fuck them
does that mean we should boycott oasis? [source]( i bet you a good number of people in here ripping on facebook own some rose. just saying.
fb is garbage!! agree, best thing you can do is delete the app
this 👆🏻would love to see this creeps empire crumble.
i'm so thisappointed that this has become the main social network in my country. it's almost socially impossible to exist without it. neighbourhood groups. studying groups. in my country the first thing that a large group of people does is to make messenger group to stay in touch 🤦‍♂️ and it is impossible to switch to other platform without coming off as pretentious. and everytime the same argument: "messenger is handy and everybody uses it". do they think it operates for free on magic wishes or what?
not only data abuses but they are allowing ads for scammy meta coins without any problems on facebook. many people got burned, no action by facebook.
i already got rid of my account... facebook sucks.
meta are going to spread those gains selling your information with all their users??????
do not support lizard boy
my dad, who was a vietnam vet, wouldn’t let the school do our fingerprints under that “abducted kid” fingerprinting drive they had in the ‘80s. because he saw this stuff coming from the government. his logic was that if the only way they could identify our bodies was thru a fingerprint, he didn’t wanna know they found us. flash forward to 2012ish when a game called candycrush wants access to your contact list, microphone and camera for a game that doesn’t use photos and theres no way to text using a phone contact. and facebook is a whole new level. even just the layman level profiling that can be done by amateurs like scrolling scrolling the friends list and seeing one of the 3 main categories, (hundreds or more hot girl profiles=horn dog, weiner fest=gold digging ho, and if it looks like the who’s who from the just busted paper of people who look strung out (yeah we can tell)=drug dealer. if you think government agencies don’t have better analytics than just their eyeballs, you’re kidding yourselves. it’s treading close to the social credit stuff they have in china where your judged by your associates. scary shit.
nobody should be using their services.
i agree we should not use it. but i think most people do not care about that. which is sad. it's a people problem.
fuck facebook buy jasmy, democratize data!
this guy gets it.
deleting facebook was the one of the best decisions of my life.
i got off facebook after high-school best decision i ever made
i honestly have a hard time being mad at facebook. people have been feeding them their personal information the entire way without even bothering for a second to think about the ramifications. many were warned the whole way, even by zuckerberg himself. so yeah, facebook may be a shit company but the people who use it are just as much if not more of a problem. rather than learn their lessons, they just switch to something else that does the same fucking thing. facebook did not create the stupidity, they just capitalized on it.
i deleted my facebook good riddance. fuck the zuck. i hate the stock. short it.
if anyone still thinks they can trust facebook or anything they produce, then there is no convincing them otherwise.
agreed. zuckerberg is a greasy fuck
who even uses facebook these days anyway?
fuck zucc, that asshole would sell our personal info as nfts or any shit similar to fb.
meta is a trojan horse into crypto for the average pleb. like meme coins. draws ppl in who inevitably begin to see and understand the greater crypto picture.
op is so right, imagine what the makers of monero think right now lmfao
i have not used fb since 2010.
delete facebook, instagram, and whatsapp.
i still cannot believe the us people allow a large portion of their media and communication to be controlled by an individual (through a corrupt company) that was started after this individual stole someone else's intellectual property. i'd rather be poor and destitute that support that fucking company. problem is the average stater is a below the level of idiot (which means 50% are even worse) so they will get a crypto currency up and running and people will adopt and use it.
i am constantly shocked that people i respect still use them as if they haven’t shown themselves to be utterly untrustworthy
you willingly post your information on a free service and get pissed that someone is using it for marketing? thats why i do not get the whole facebook rage.
face book should not be referred to as meta they stole that name and it belongs to an existing company that is suing them in multiple jurisdictions. for reference
i cannot believe people are still getting oculus with being attached to the facebook
facebook is evil and just because they changed their name does not mean they are not the same business as before. nothing has changed.
meta is everything black mirror warns society about. zuck is the black mirror. you look in and see nothing.
stay far away! fuck facebook and the cyborg
i deleted my facebook two hours before i saw this and never felt better. fuck facebook
letting meta die quick and ugly is best.
getting of facebook isn’t enough unfortunately. stop using instagram or whatsapp. like seriously, stop.
let me introduce you to google then
luckily for everyone, facebook has been an a downwards trend for the last 2 years in terms of users and active hours on their platform. 2-6 years ago i used to use facebook quite alot, i used it as a partyagenda, i could see all the people i met at festivals and wether or not someone would go to a festival. nowadays, it is a real fucking shitshow, people attacking each other for having different opinions, anything that is political and not far-left is censored, entire community's and groups are being banned without notice because of the 'facebook 'fact' checkers' being offended or whatever reason they need to silence anyone they do not agree with. alot of people in my environment have the same stance on fb. it has become a totalitarian sect that does not allow anything they do not agree with. by this time, i know more people that abandoned fb rather then still using it. 3 years ago 95%+ of my environment were dedicated fb users. i love to see pieces of shit like fb crumble to pieces.
if you still use facebook in 2022, you're part of the problem.
at a minimum, delete the app. login from a browser if you must. make it difficult and get his tracking software off your devices.
kill zuck business! we need web 3.0! 😈😈
honestly, fb is rubbish right now. i keep the account but never use it.
ironically most people here are huge proponents of public ledgers for personal transactions, so they clearly don’t get the value of privacy.
facebook sucks but on a positive side it may help for adaptation for crypto for new comers... despite the fact of negative aspects large number of people still using meta...
meta and the suckerberg
boycott it. the only way they will change.
yeah, it’s common sense, but that’s something not readily available for most people. especially if they’re new to all this.
2021 and people still using facebook lol
no facebook no insta no whatsapp no meta fuck zuck!
i agree fully. fuck them and their puppet masters.
no one should be connecting their wallets to facebook & twitter.
facebook is a boomer app
you care enough to write a huge post lol. the zucker f*ck3r is living in your head rent free. dun evn sweat it.
we can all sit here and bash facebook, but whoever is managing your 401k is definitely feeding them your retirement money every paycheck
fuck 'em. the "metaverse" and all this other stuff they are doing is because they see the long-term writing on the wall, which is that younger people are abandoning their platform. don't get sucked in by any of their new initiatives. this company is bad for people, not only for the reasons you outline, but let us not forget they are anti-competitive. they've done hundreds of acquisitions, and almost all of them have simply shut down sites that they think were getting enough traction to chip away at their market share.
they just flagged you, when zuckerberg is president he is coming for you.
don't trust the robot zuckerberg.
facebook has been dealing with privacy issues for years now, i do not think they are going to change. they just find new ways to twist up what they are doing with users' data each time they get caught (and they are good at it). zuck will end up in another congressional hearing but he will keep making money off of this
i have absolutely zero interest in anything about meta the whole thing sounds fucking awful, the same as if someone said "hey shall we all try and make life worse?" i cant see any real positives here?
i am glad that a lot of people here share the same sentiment against facebook, because crypto and facebook are two parallel lines that will never meet.
i’ve been fb free for over a decade and other than not having 200 people i barley know wish me a happy birthday i’m missing out on nothing.
deleted my facebook permanently last year. everyone should.
the sentiment i gather is this metaverse from zuckfuck is doa. nobody wants to play in his playground.
left facebook about a decade ago and it’s only gotten worse since then. metaverse sounds unbearable.
let’s collectively continue to call them facebook
honestly fuck facebook, crypto’s a way to get away from their shitty practices
facebook is the most toxic thing happened.
# i left facebook when they rolled out meta. no government could get away with this but people are just openly handing meta the right. one organization that has coupled with so many "tracking" applications (289) has more on its mind than customer satisfaction. # look at what they can do on paper alone. alexa reconises your voice **everywhere** it is in use, the playstation continuously uses facial recognition to identify you, retail stores with faceme will send notifications of your wearbouts to meta, meta tracks your phone, your computer use, your wifi, your tablet, your laptop, your internet use, your vehicles, your email, your credit card purchases, your phone conversations, your prescriptions, your internet purchases, your sleep apnea, your text messages, your email, your travel plans, your photos, your voicemail, your paypal accounts, your spouse, your kids, your mortgage, who your cell phone carrier is, meta knows you wear glasses, you go to this gym, what your political affiliation is, etc., etc. and then compiles all of that **meta**data to build a detailed character profile on you. should anyone have the ability to know when, you are at this house, at this time, saying things like this and you came from here, after calling this person, you bought this & at this time, you were speeding on this street, you emailed this, your favorate fruit is this, you like these cookies, you drink, you are not a vegan, your are married but likely having an affair, etc, etc.? if the federal government was to try or do this, people would **scream** murder but they are not giving it a second thought with facebook.
lol i use facebook at my own thisposal. hardly post anything and my profile has a fake name and no pics of me. but all my real friends know it’s me. fuck fakebook.
also - zuck donated money to steal the election
preach. anyone still using facebook, imo, is just kinda dumb. but hey...if you are happy being someone else's commodity, by all means, be stupid.
the day i got rid of fb was a great day
i want to get a vr headset badly but i absolutely refuse to get an oculus. i really hope someone else releases an affordable, standalone vr unit so i can finally use one.
i'll be off of facebook shortly after i get rolling on truth social.
keeping it 💯 don’t have facebook and never will
they will still be selling information to us government .
fuck fb that sell your information and they don’t give you a cut of that gains….
currently fb stole the metaverse limelight bringing their centralized pockets into the show. hope a truly decentralized metaverse shows up no one likes facebook anyway
it's tough to spit in the face of such a dominant corporation in the space. better, i think, is to let them create a product and push for transparency and decentralization as they progress. they'll get outcompeted by more transparent organizations as that transparency and "handover of control" to the larger population becomes more important in the public's eye.
not really much of an alternative, especially if you want to use a device like their quest 2
what's facebook? this is r
you do not get it? no offense but are you really young or extremely naive ?
in a way it’s good; it gets popular and brings more attention to the space but also makes it even more obvious why we need decentralised services or more transparency. my hope is it brings more people into the space while itself being an argument for better services that already exist which will lead to people ditching meta.
i hate facebook. i cannot even access my business account that i made 10 years ago, and there is no customer service to help.
meta is gonna collapse eventually, dao ecosystems are a superior being that will take over on defi platforms, bitdao is already creating a dao2dao ecosystem, and an economy enabled by decentralized assets, technologies and organizations. meta's days are numbered.
sadly, the average person in the world does not care, or chooses to use facebook in spite of the privacy issues.
the bbq sauce for the book ribs though
i have not used facebook for years.
they'll be like the walmart of the metaverse. everyone knows they are shit but they ate so in your face people do it out of convenience
yep, fuck meta and fb!
and do not call them meta, call them facebook. they are illegally using the name meta which is copyrighted and not transferred to them. they simply fucking took it.
anyways, zuckerburg going to pump crypto to 100t market cap
agreed. facebook is an absolute joke and you'd be a fool to think they have your best interest in mind. i'm supporting the metaverse built on polygon.
you have to understand that most facebook user are 100% ok with them sells there info and tbh most are useless anyway
lets be real, as soon meta makes a move, invests in crypto or makes a metacoin everyone will join in to make money.
just so we are clear meta (the company) does not have a cryptocurrency.
> facebook is like a really invasive stalker or ex who plants bugs and uses tech to know your every move the massive difference is that people beg and plead for facebook to plant bugs and track them. they give them permission in exchange for not having to worry about passwords and how to login to a website. and that is only part of it. the actual biggest trove of data is public posts for the entire planet to see!!!! > how anyone can believe a company with facebook's track record of data mining wouldn't track everything you do in the metaverse? i mean,... the public blockchain will track everything you do. go to etherscan. you cannot hide this stuff. i think people have a fundamental misunderstanding on the concept of what a "*public* ledger" is or on a more basic level, ,just what the concepts of "public" and "private" mean. > when zuckerberg has done nothing but worsen the human condition? to be fair, the worst thing he is done is show people the type of content they love and cannot get enough of. > the man literally just said meta will be tracking your facial expressions while using meta... most advanced vr system try to do this stuff as well. and this is from someone who deleted their facebook account. i'm not a fan of facebook but a lot of people's hatred for them is kinda loopy and not really based off of facts. just made up stuff. the worst thing they do is show people the type of content they love to see. i would "shame on your for liking that" way before i say "shame on them for not blocking you from seeing it". especially the shit facebook gets in trouble for. it's not like they are actively promoting child porn or stuff with actual victims. facebook did not pull some *clockwork orange* shit and strap you to your chair, force your eyeballs to never blink and then force feed you this content. you clicked on it on your own, engaged with it, commented it up, then shared it with your friends. it's fun to act like zuckerberg forced you to do all that but he did not. you did. it's not fair to blame it all on facebook when people find out vile shit you get up to online.
it's always all this new tech in the hands of the wrong people
the average person doesn’t give two shits. reference: how many studies have shown how detrimental wal mart is for a community and how many people still shop there. instead of trying to convince people that the company is shit, short it. make money proving that they aren’t going to succeed.
the lizzard people just want us to be thistracted in the meta-verse to invade the shit out of our planet. don‘t fall for this scam!
fuck facebook fuck meta fuck zuckerberg fuck robinhood fuck craig wright fuck the sec fuck crypto scammers and rugpullers _anymore?_ edit - fuck myself !!
so like...everyother company out there
thank you! he can gladly suck an entire caravan of 🍆 because this meta verse will simply destroy this market. who ever is in it now, great. future people thinking there is going to be opportunities, goodluck.
be positive meta can result massive adaptation
same as robinhood , people will continue to use them as long as they think it is profitable.
how the hell did hollywood predict this madness?
might as well ask people to use only , but that ain’t happening because having a free service is more important than privacy, by far.
i still dont know what meta does? is it connected to their occulus hardware or what?
i'm no fan of facebook but y'all act like we have a choice. they have everyone wrapped around their finger. the algorithm will swallow you and spit you out.
>no one should be using their services after the blatant data abuses by the company formerly known as facebook no-one should, but they will. all the fears we have about meta and what they are planning for the metaverse will come true. and the people will not only consume it, they will beg for it.
“never underestimate the power of stupid people in large groups.” - george carlin
i have been banned off of facebook without reason. this implies that i can be barred from using their financial services if they so wish at their beck and call, and so it’s a no from me. plus zuckerberg is literally a lizard, so.
i deleted facebook. i had a feeling mark fuckerburg is gonna own reddit too...
what i do not understand is why only facebook gets this response, every tech company is basically the same in this sense
i do not thisagree, but celebrities have embraced a lot of the digital real estate space and has made some crypto involved. from what i've read both sand and mana have some relation to the metaverse? money trumps anything else. > how can you have any faith in the "meta coin" when zuckerberg has done nothing but worsen the human condition? well because money. fb has made tons of money and will make more with this seeing the reaction. everyone wants a piece of the pie. trying to get people not to invest because they are bad is not enough.
yeah, it would not be a good thing for humanity if meta...
fuck facebook. all my homies hate facebook.
i like face book
lukso is going to accomplish this better than facebook.
that's why we should all take action. i barely use facebook at all. they're not getting any data out of me. i cannot see myself using the metaverse either, at least parts where facebook holds sway.
yes facebook sucks but they are investing billions of dollars into the metaverse so the metaverse will belong to them. invest wisely and profit. why go against reality and stay broke? all of your morals, politics and convictions mean nothing investment-wise.
tldr: fuck ~~facebook~~ meta.
why does not this post have more up votes? is facebook using down vote bots or something?
i know this is an unpopular opinion, but i still use meta platforms. i do not put any sensitive information on social media that i wouldn't mind being publicly available, and there is still utility on these platforms for people wanting to share or promote content. i'm not a fan of their metaverse strategy though, and i would never use any crypto products they come up with. i think they definitely need to be more scrutinized by governing bodies too. so i'm kind of on the fence about this i guess.
zuck plays a central role in the movie don't look up.
another, “facebook i hate meta” 100000000 post this week.
fuck facebook! much like robinhood, you are their product.
fuck facebook my dude
why would you use the metaverse when the first "coin" they tried to drop already failed.
you forgot the cambridge analytical data leak and also taking money from foreign nationals to sew chaos in america politically and fan the flames of covid protests and race wars.
anyone heard about their colab with oasis network? it's hilarious how unnoticed this goes in this sub. anyway, i got some. will sell for btc in the future.
meh. facebook pushing crypto will help usher mass adoption. simply do not use it if you do not want.
you, sir are correct
are moons really that valuable? you guys are trying very hard to farm them lol
facebook is going for your approval. they want the grandmas, politicians, karen’s and other simpletons who want to get in on this “meta verse” thing but don’t know where to start. facebook is a trusted company, after all who doesn’t collect data and promote propaganda these days. facebook meta verse and central bank digital currencies is what will get old money.
they are the exact reason why crypto exists in the first place.
you're preaching to the choir. that's why every crypto metaverse project shot up in value right after zuck's "steal the metaverse" presentation. the race is on.
what in this modern world is not data mining you?
idk but their vr headsets are very cool
like robbinghood bringing millions into stocks, meta looks to bring millions of users into crypto currency. it’s going to happen regardless, why not look at the silver lining instead of focusing on the obvious negatives of facebook in crypto?
you are the product they are selling.
fb and meta are plunging to the abyss of hell and taking zuckcuck with them.
facebook is the most undervalued fang stock. your outrage and moral indignation doesn’t matter
this is why i don’t support oculus or meta at all. fuck ‘em.
hopefully the ongoing antitrust lawsuit against facebook. i really liked using instagram but i just cannot support facebook so it will be nice when instagram is free again to not be evil. i guess it remains to be seen whether they will be evil once they have that freedom
everyone's anti-facebook fear-mongering is actively preventing technology from advancing. there is some *insanely* cool stuff that can come from collecting facial. but hey, facebook is an easy scapegoat i guess.
no one should be investing in this at all... i mean...making rdy player one real should not be a goal
i still don’t get the purpose of nfts
the fact that anyone still uses facebook is scary in itself. not only did they get slapped with a ' privacy, but they are also facing a future *directly causing the rohingya genocide in myanmar.* and we've all seen the effects in america politically. we've always had our differences, but people are now ostracizing family members based on whether they support an old blue rich white guy or an old red rich white guy. who gives a crap? they're lying politicians! these are people that would throw your body off a cliff for 10 votes if given the opportunity. don't devote yourself to something that cares so little about you in return. that said, smartphones were the single worst invention ever made for mankind.
i agree but know you sound like an old man shaking his fist at the sky. my kids, gen z gives no fucks. they love the vr and are fascinated by the metaverse and a promise of alternate reality. we have no one to blame but ourselves.
zuckerbot is the last person i want in my metaverse!
not to mention they will move to centralize it. the speed at which they ruined oculus was blinding.
this is a horrible analogy. nobody is forcing you to use facebook. the company would thisappear fast if people stopped using their services.
tell us you're bullish on dwac without telling us you're bullish on dwac.
they have a different name, erego they are a different company.
yeah, i do not have a facebook account, and i'm not getting one.
luckily it is just a matter of time until facebook's death. zuckerberg stole the original idea, and does not actual make good decisions, or have original thoughts on his own. he went all in on the metaverse and it will backfire spectacularily and then we would not have to worry about their scummy practices anymore. he took as much as he could from society and left it in pieces, he can f right off.
not even with a dead beached whale's cock will i touch the zucks verse.
why should any of us trust facebook i do not know.
just two words - stay away
i hate to say it but they have weaseled their way into being a vital resource for small, hell, many small businesses do not even have their own individual websites anymore and just use their facebook page as their front-end. it's a damn shame but between google and facebook (meta), the digital advertisement market has been completely devoured.
i want an oculus quest. i would not buy one solely for the fb connection. fuck that company so hard. zuckerberg does not even seem human, to me.
yeah they can fuck right off.
everyone knows this is sketchy af
i agree with you, any sane person would. but 99.99% off humanity does not even think about this stuff. we are utterly impotent to stop these companies.
so many dumb \*\*\*\*s, as zuckerberg would call them, worshipping big companies getting into crypto thinking it will be good for them, their families or the masses.
i do not think meta is doing anything for crypto. the problem i see with your post is you say no one. no one is generic. you mean to say no one in crypto but reality is some in crypto and not really do not care about decentralization or data breaches and that is a shame.
thanks to this sub i hardly even look at fb anymore.
absolutely not. putting anything financial into this company is absolutely moronic
did fb make a recent crypto announcement? is this just diem? (any announcement on progress there?)
fuck facebook. if i did not need it for connections i'd delete it today
we all love metaverse
i dont care as long as i earn money.
i care. the only way crypto goes mainstream is with scale, and facebook has scale.
and why should we care?
[facebook is responsible for enabling genocide in myanmar.](
they are a part of the hedgies cartel they are a thisgrace to society
oculus is the only reason i still have a fb.
half this sub are brain dead sheeple waiting to get manipuated by a fomo post with 10+ awards and over 100 comments saying "secured the bag"
fuck fb and zuckerturd
they are still facebook, and will always be facebook. lets stop with this "meta" nonsense
y'all can hate fb all you want, am not nobody else letting me roast the fuck out of the advertisers. that's pretty much all i do there.
yeah but we did agree to fb tos when we signed up. that's our fault.
i stopped using facebook pretty much after graduating college like 10 years ago. it seems to have only gotten worse since then, so i don’t know what the heck everyone else is doing.
lol they will all mine our data and track whatever we do. we are continuing to trade off privacy for convenience and this has been happening since the internet started...
fuck facebook. but, if i can make money from it...
>that's what meta is, they are that invasive stalker who scoops up and sells your information i know it is fun to hate on facebook and i do too. but this is not correct. meta does not sell your information. they sell relevant ad space, and they can do that because they have your information and don't sell it. the data they have on you is the most valuable thing they have, they have nothing to gain from selling it and they would not do that.
thing is facebook haven’t mentioned crypto with metaverse once. i hate how the metaverse is always linked with crypto
well... if there is money to be made no further questions are asked i suppose. also it could be beneficial as they might open the door for mass adoption... not in the good way but still.
google and meta, they are selling data for ads, too bad
if it is like ready player one, i do not care
why chosen? i thought their performances were similar.
lets never call facebook anything but facebook. don't let them hijack the new name
i'm both confused and somewhat fascinated by zuck's foray into this space. on one hand, it seems destined to fail, since the early adopters would be tech enthusiasts who want to see things become more decentralized, let alone centralized by a platform they already do not trust. it's going to be an uphill climb to get it off the ground, as they will either need to convince tech adopters to trust him or non-tech people to learn something new. but on the other, zuck is many things, but he is not stupid. i do not see myself ever using whatever his version of the metaverse is, but i'm also really interested to see what his vision is.
my life my data
zuckerberg made it clear he is an evil cunt. delete facebook. fuck zuckerberg
facebook, linked in, twitter, every google service. they all model you, it’s just a reality of using a free system. understanding what they capture and how they use it makes them a whole lot less scary.
when can i buy the coin
what exactly is meta doing for cypto?
there are no absolutes in any market. crypto markets least of all. trading paranoia is always a losing game
crypto games will be necessarily centralised, if only because real time calculations are not feasible on blockchains. whoever ends up owning the market share in this industry is going to use your data. maybe they will be better than meta, maybe they will be just the same, maybe they will even be worse. regardless, having a particular hard-on for facebook hate is nonsensical. they're simply one of many companies that happens to currently have the worst publicity.
yeah it’s going to be like that one show.
is the data abuse really that bad?? like they made online shopping easier.
how can we have faith in the ruling class and their intelligence agencies when they are tracking and running surveillance at a much more intense pace. that is the way of controlling and monitoring the population. that is the nature of power in 2022. if we don’t change the system it is gonna continue unabated
i'm not really what is all the surprise . isn't the meta verse basically facebook in vr? of course there is going to be tracking and ads? not sure what the link with crypto is, did not really track the meta things
fuck facebook in the face….
can we be clear that “the meta verse” is bigger than just facebooks “meta”. it is two different things and confusing facebook solely with metaverse is solidifying their stake in it
no one asked for meta. ever. why are people acting like suddenly we all **must** start using it. does anyone even want it?
oh, he does not care. he shall reign.
facebook trying to stop the truth getting out by censorship of the highest order and it makes me feel sick to my stomach.
meta is the worst
can i get a big post brexit fuck you for cambridge analytica and whatever those cunts have morphed into now.
yeah i’m missing it- what attempted arson??
# i left facebook when they rolled out meta. # no government could get away with this, but people are just openly handing meta the right. one organization that has coupled with so many "tracking" applications (289) has more on its mind than customer satisfaction. look at what they can do on paper alone. alexa recognizes your voice *everywhere* it is in use, the playstation continuously uses facial recognition to identify you, retail stores with faceme will send notifications of your wear bouts to **meta**, **meta** tracks your phone, your computer use, your wi-fi, your tablet, your laptop, your internet use, your vehicles, your email, your credit card purchases, your phone conversations, your prescriptions, your internet purchases, your sleep apnea, your text messages, your email, your travel plans, your photos, your voicemail, your paypal accounts, your spouse, your kids, your mortgage, who your cell phone carrier is, **meta** knows you wear glasses, you go to this gym, what your political affiliation is, etc., etc. and then compiles all of that **meta**data to build a detailed character profile on you. should anyone have the ability to know when, you are at this house, at this time, saying things like this and you came from here, after calling this person, you bought this & at this time, you were speeding on this street, you emailed this, your favorite fruit is this, you like these cookies, you drink, you are not a vegan, you are married but likely having an affair, etc, etc.? if the federal government was to try or do this, people would scream murder, but they are not giving it a second thought with meta (facebook).
here here. 60 minutes whistle blower on facebook... within the next week. facebook worldwide restarts. and then there is controlling the narrative with a whole new game plan. sad how short the attention span is here. i am proud that reddit is far as i have gone into social media. still remember my brother being how is facebook going to be publicly traded. totally still not realizing we were the product.
i do not care about my data, or my online "privacy". wtf? why would facebook ever use that information to do me any harm?
well everything you use gather your data and shit, not just facebook. reddit, amazon, and whatever else you have signed up for. is just that facebook is getting a lot of heat right now. for all the youngsters here, facebook was loved and mark was seen as a great guy. my belief is the next one would be google.
we should just keep calling them facebook. they are trying to thisassociate themselves from their data selling, thisinfo cesspool, boomer platform and make people forget what kind of scum they were just a few months ago.
y'all can pretend that y'all care about ethics and decency and all that if you want, but nobody outside delusional echo chambers like this sub are gonna buy it.
how can a company like facebook that’s mined so much data on each and every one of us be remotely allowed to enter finance of any sort.
this is the exact reason they partnered with the oasis network (rose), for data privacy. dyor 😏
man as much as i hate mark zukerbutt and facebook i gotta tip my hat, as im sure many other in here do, for making that announcement and pumping my long forgotten bag of ceek vr to the fucking moon. from fractions of a cent all the way up to .20, i made more off that trade (% wise) than i have ever made off anything period, completely on accident. it was actually the first token i ever bought on chain right when i go into crypto and thanks to sky high gas prices i never bothered to get rid of it on any of the random little pumps it had. that being said, fuck facebook and zuckerbutt ... but also thanks ... kinda. edit: just wanted to add, i bought 2500 ceek about (yeah sold a little to early) but just imagine what some people made who had like real bags. imagine telling people that haha, your at like a party ... "oh so how did you make your money ted ?" ... "oh well uhh some guy said something and because of it this failed trade i had ... became ... uhh ... unfailed " ... i know they say they have plans but lets face it that shit was dead af, i cant believe its held any value at all.
who cares. crypto isn’t about the people anymore. it’s about corporations and governments taking control of all the money. centralization at its finest
we needed a whole post with paragraphs and everything just to tell us fb (meta) sucks?
out of the loop here... can someone eli5 what op is saying?
gonna be real shitty when fb unveils their whack, unbelievably intrusive and centralized “blockchain” and it moons immediately
still using them tho...
i design networks. they are all 100% guilty of selling and marketing our data. one of the huge reasons why i favor brave browser and presearch search engine.
and not one mention of diem in this thread. _checks sub_ oh, right. not surprised.
if you're genuinely asking why and not using it as genuinely rhetorical, the reason why would be that it doesnt really matter. every major corporation uses algorithms that hand-tailor themselves against you, while you can deny them the service if you put your mind and effort into it, you probably have more important intrests that can be enhanced by the technology in your favor just for some data in exchange. i'm not saying that it is right or wrong but an example for me who never really rely on algorithmic tools would be tiktok, never cared about it because it seems vapid. however after tailoring the algorithm by just using the app, everything in my feed is now local and just another perspective in what people very close around me are up to. and from a small town that information is very rare because people do not want to stick out.
knowing that they have a blockchain address that ties your name to it, where all information of all transactions received, i.e. you, should be a red flag to anyone who knows their history. will people be able to see through their bullshit and let this pos company finally die or will they fall for it, only to seek recompense later because they did not quite understand what was happening?
you gotta compare what they are selling, and who their costumer is. facebooks model was adspace, or more specifically, targeted ads. they do this by combing through what they collect on you. it's not like facebook is going to reveal the names of addresses. they cannot do that. it's a whole new service now, with new costumers.
facts. facebook is so mid.
[there are no data breeches here at meta. ](
all social media companies are bad
show me when they forced consumers to use their product…
in narrative voice: they will.
you cry afoul data abuse yet you are willing to put your entire financial life onto a system that is by its nature completely open for everyone. you don’t think we’re going to thiscriminatory pricing schemes?
oculus users that do not think zuck is not tracking their information are willfully ignorant. they do not need a kids version of instagram when they can do it in higher fidelity.
while we’re on the subject, let me shill jasmy real quick: data democracy japan’s bitcoin you own your data check it out and dyor. <3
like the boy who cried wolf.
look, no one here thinks facebook is not regularly breaching your privacy. but this is the sub of people who would buy candy crush coin if they could be convinced it had solid fundamentals to moon. meta is no different.
i don’t wanna have to tell you this but every major company is mining your data. and most small time tech companies too. facebook is in the spotlight but it’s like everyone. the data is too valuable to not do it
folks always thought i was weird for using a fake name on fb years ago...im glad i did
meta is facebook they just changed their name cus of the lawsuits and shit regarding data
if anyone has every been impacted or had a loved one impacted by facebook's lack of customer service, you will know they are only a life-sucking algorithm. if your account is banned you cannot reach a human. you cannot. you're fucked. after watching it decimate my mother's business that operated through facebook and instagram, after having not breached any of the terms and conditions, and then not receiving any support after a month, i'm know it is time to let fb go and convinced friends and family to come. it's tough when facebook has wiggled its login into 50% of online services and programs, but i believe we can boycott the shit out of meta starting with the metaverse.
the op and i returned probably 100 comments on my post and by doing so sincerely hope i opened some new eyes and reinforced the resolve of those who's eyes were already open. you are great people. good night -mc²
whenever people say this, what makes you think any other company is different? any tech company in a capitalist economy is basically incentivized to collect and use data from their customers to make as much money as possible. you do not think reddit is doing the exact same thing?
you don’t know people very well. we still eat product from nestle don’t we? buying petrol from chevron and shell?
everything service you use collects your data.
i do not care what bullshit name they have changed to. fuck facebook!
just keep calling it facebook
\[wrote on a microsoft or android device\]
its gonna be plastered with ads and gonna be data mining to shreds
right? that's like the bank i no longer use saying that in order to use the mobile app, i needed to grant access to my mic, camera, photos and all my files so they could "assess (my) device for vulnerabilities against unauthorized account access to help protect (me)" bull the fuck shit...
i have an oculus quest 2. i do not like that i need to have an associated facebook account, but i do not use fb with it. i'm never on facebook, in general. i occasionally play ping pong with the oculus and a few other games, i aso watch netflix and amazon prime with the virtual big screen (great in bed if your so is asleep). how bad am i getting screwed over by fb?
wen moon 🌙 lambo?
facebook has officially replaced comcast as the shittiest company on the planet. quit using their products and giving them monies.
let’s solve the problems of real world rather than creating a fake world and making more problems out of it in the real world. there is no use case of metaverse. there are use cases of cryptos and that is why we are here.
technology can be blessing and curse both at he same time i do not whether metaverse will get acceptance or rejection by masses but it has certainly created a big hype. many project have skyrocketed just by using the trend and many have rug pulled.
how can any country still support the sale a substance that kills of hundred and millions of people every month simply bcz it pays the most taxes ? what is that ? tabacco.
they are soon gonna advertise anti-depressants whenever your facial expression shows sadness lol meta is not going to be built for us, but for their actual customers, we are just the product.
i wouldn't trust their platform again.
idk why we are talking about this still. meta was is and has been canceled.
fyi, facebook now pays you ten dollars a month to do the same thing they have been doing now. you do not have to do anything either. it's called facebook viewpoints app. it's not much money but i'm poor so it is a nice passive income
because i dont give a shit that they collect and sell my data, its the most convenient way to communicate for me with people, wtf they gonna do, show me more personalised ads? lmfaooo
no one should invest in crypto either...
meta has the best vr hardware. it will have the best ar hardware.
all you need to know is that fb does not give a rat's ass about your privacy. smoke and mirrors kids.
> champions 100% transparent technology that shows everything you do and every transaction you make publicly > hates on company for looking
another way to fight facebook is to shut down other social media platforms that are created because they have a different political feel.
meanwhile meta (fb) stocks go brrrrrrrrrrrrr
because this is a good oppurtunity facebook or meta whatever the f that pos company is called just last year at thanksgiving decided the business page i spent 10 years building for my company and growing was no longer ok to them. they took my business page down, my personal page and my instagram and then charged me ….i had over 5000 5 start reviews they deleted all of it…. i know the company will go down in flames and i cant wait….f them and f zucker
you should buy , partnered with fb, but they are a privacy web 3 focused chain. fb would have to change their entire model to make it user centred.
we can say all we like about facebook. fact is, it is never going away.
knowledgeable people **hate** facebook, but they could be an entry point for a lot of people into the metaverse. we just need them to get more people involved, which should be good for the whole industry down the road.
tbh my genuine question is: why do you care? they use data for ad targeting and improving their services for you, not to give details about you to a hitman or clone you lmao.
i don’t know that people care a lot about the ethics if they can make money somehow
meh, i did not even check what it is about because it is facebook
because it could make me rich.
those apps serve to collect data on you, which they sell. that's why their 'services' are free.
but but buy haven’t they bought the courts by now????? surely these things go unpunished.
this is a great up and coming bsc token it pays you just for holding and with this link you will get intered for a chanse to win
meta does not sell data. it sells services that use data such as the placement of businesses’ targeted ads.
“if this thief doesn’t rob me, someone else will eventually, so there’s no point stopping him” .
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i use facebook regularly.
i have yet to receive a bill or pay a subscription for facebook so they have to make their money somehow. they can try and target me with all the ads they want, would not convince me to buy shit. i'd rather have my info shared with companies to get targeted ads than with scammers trying to steal my crypto. they make so much money cuz of the high user count and companies know they can reach a high number of people with their ads. so they are able to charge high rates. ads will always exist whether we like it or not.
so you are saying we should stop international e-commerce, trade, advertising, and one of the most important sources for communication because one small leak. that makes sense
i wish there were alternatives to services they provide, unfortunately we are not there yet.
so like, take my data, receive crypto? sorry op. im fucking in.
look. i’m going to give you the perspective of someone, such as myself, that doesn’t give one shit and will continue to use facebook no matter how many hemorrhages it gives you, an absolute stranger. i like it. there. end of story. that they collect? so? i’m going to be served ads no matter what so at least let them be relevant. i find that much better than getting an ad for a fucking adult diapers or something. so as far as i’m concerned i’m for it. it makes my experience better. now i already know that people are going to be frothing at the mouth about this but maybe, just *maybe* you should consider letting other people be instead of continually screeching at them about something that is none of your business. *you* don’t like it? fine. don’t be on it and be about your merry way. easy peasy. edit: a word
yet you are still putting fuel in your car from companies that have done more to hurt humanity and your health than some proxy company in california mining the pictures of your dinner and summer holiday. come on ffs!
you think they are the only one? lol i think a lot of you guys hate meta just because it is the cool thing to do.
i think people groan when they hear companies like facebook and google are trying to get into the crypto space.
instagram and whatsapp are also apps owned by meta and are equally as bad as facebook.
and google should too. stop giving your data to those mercenaries.
if anyone here is looking to make a quick moon, take notes. just say something negative about one of these entities and you strike moon gold. it's really one of the lowest hanging fruits this sub has for recycled content. this post probably took 5 minutes to type up with almost no effort and it went straight to the top.
robinhood is a saint compared to facebook. we're comparing richard nixon and adolf hitler here.
but as with rh. posts here mostly do not reach those using it.
rh is bad, but fb is in a whole other league unfortunately.
and quite rightly. fuck robinhood, and fuck that alien faced cunt zuckerberg.
facebook is way worse than robinhood. both trash, one robbed many wallets while the other took us in the back ally.
exactly for whatever reason people here are still using fuckinghood aswell, like analogy in the psot
as it should though. neither of those services are consumer friendly no matter how slick the ui appears to be.
what’s more hated though?
facebook have done far more harm to far more people. facebook promise to do far more harm in the future.
also who the fuck wants to be in a fucking ‘metaverse’. full of sad fucks with no lives trying to act like billy big bollocks, when in real life they are neck beards living at home with mummy, a neckbeard and having never touched a woman.
i legit only use facebook for memes
yeah because they are both terrible companies that take advantage of their customers.
they can change their name but people will still remember thier scummy reputation, at least i hope they will
you mean stole the name and then forced the real owners to sell right?
if you don’t like what they are saying about you change the conversation
literally useless, it will always be facebook for the world. its more than just a name. its an entire reputation. how to waste millions 101
i deleted my facebook because they do a terrible job with thisinformation.
yeah its frightening honestly. never will i ever let them into my fucking brains inner workings which is what tracking things like that basically does
literally right out of ready player one's bad guys playbook: "we estimate we can sell up to 80% of an individual's visual field before inducing seizures!"
this has less to do with facebook and has more to do with the data they are getting from instagram. if you use ig then you have no room to complain about fb at all.
4 years ago i was working in media agency, just before i changed my occupation i visited event organized by ad network called adform (big thing in europe). along many things they presented there was that eye movement tracking thing to detect does ad is actually seen to be able produce better statistics and optimize ad campaign costs for clients. industry, at least then, was moving away from cpc (cost per click) towards cpm (cost per milli - cost per 1000 views). edit: accidently hit send... so technically it all did made sense at the time but i believe it has yet to leave state of prototype
oculus is fun af tho
i thought it was odd how they basically fully embraced they’re a data collection company with the name switch. the switch to meta as in metadata tells everyone exactly what they’re about. quite shocking given the public consensus that no one like have information be collected about them.
if somebody is dumb enough to let them…
you guys freaking out as if they haven’t already been doing that for the past 20 years. lol what do you think snap chat filters are for? what’s do you think all the cameras on the street, on our consoles, phones, laptops, every time our face is exposed they have shit on us. they’ve been doing this for years but y’all only opening your eyes now? you aren’t worried about your data or security at all otherwise you wouldn’t use modern technology, you just don’t like metaverse or how the future is evolving. and that’s like 90% metaverse haters lmao “people are gonna get glued to screens” sorry you’re about 15 too years to late for that excuse lmao as if people aren’t glued to screens rn “they’re gonna have all our info” as if they don’t already you people are hilarious
you had me at adds, they are already trying to cram too much shit that no one cares about down's holes
even at modern capacity levels that is an insane amount of data. i wonder how much hardware, space and energy it would require to keep it alive long term.
they already do this. the reason they hot mic you when posting is so they can fingerprint your surroundings.
im past dead then. but dont use facebook or any socials apart from here. werthers originals had to do the same. but their customers were 90+ 😄
mark zuckerberg created a perception as if they invented the metaverse themselves by changing it is name to meta.
it's a great quality of life improvement. you realize just how little you actually care that "angelica is eating frozen yogurt at milton parking garage". also karens.
not only fb but i deleted all kind of social media, ig, twitter, fb etc. (except reddit) and my friend, that was one of the best decisions that i've ever made. social media is toxic af.
i dropped all my personal social media (fb, ig, snap etc) a couple years ago and it was a greet decision. all i ever did was argue about dumb stuff with people i have not seen since i graduated high school 15 years ago, lol.
it does not matter if you delete your fb account. they still stalk you
thank you for doing gods work!
half of the usefulness of a messaging app is in how many other people use it. why would you deliberately switch to an app that nobody uses? if there was a technical advantage, sure, i could maybe understand that, but for just an ambiguous ethical advantage? that's a pretty hard sell. honestly idgaf if facebook is feeding my ims into an algorithm. messenger works way better than sms and most of my family and friends are already onboarded. perfect messaging platform. and it literally gives you the option to open an e2e encrypted chat. if privacy is the goal, why not just use that for everything? i think this is more about social statements than technology.
wow when you put it like that i would think your talking about a tyrannical corrupt government, not a social media company. the scary thing is, it is an accurate description
facebook (all social media) is cancer for our society.
creditcards, reddit, google, etc etc
you’re letting the perfect be the enemy of the good. every single eyeball removed from one of these companies is only a good thing. i enjoy reddit so that’s the poison i pick. this argument is like receiving advice to not eating candy replying “ahhh, but you had a beer last night, hypocrite!”
facebook be like "new phone who this, i do not know what crimes you're talking about"
i got freaked out instantly. when i created an account, they had all these "suggested friends." one was a woman i went on one date with 10 years ago. yikes. i did not even have that number stored. it was written down, and i would have called her on my old iphone. my number has changed since then, my carrier has changed, and my phone ecosystem changed to android. never did e-mail or anything. she was a complete stranger to my friends and family. how in the hell? that was the entirety of my 15 minutes on facebook. i'm not even someone who is berserk about privacy, but that was way past the creep factor for me.
they give in because facebook was allowed to just buy up all the competition like what's app and instagram for years making them the go to social media and when all your friends use fb it is hard to not go along. tbh though once i left fb i felt a weight lifted from my mind
zuck bad = upvotes. fb does unethical practices i agree but what people need to keep in mind is he is the one who paved a path for current social media. fb is now not led by a group of intelligent guys in their room anymore!
it's reddit. reddit users hate large corporations. which is ironic, considering we're on reddit...
i do boycott all meta. i had to give up fb instagram and what's app and it was hard but i felt really good afterwards for following my principles. did i lost "friends" from fb...sure, but to me if you cant reach out another way your not really a friend your just an acquaintance. edit: but i'm not suggesting anyone do anything just reminding people who they are dealing with.
well i'm in luck i'm pretty sure i got banned from my city sub lol
according to that lady who blew the whistle yes, and i did not hear them deny it in the hearings that followed in congress.
totally. it would not work if i have anything to say about it
this is as good a comment as any to say this under but, if you dont give a shit about privacy or ethics you should care because you cant trust what facebook tells you about the profitability of their products. facebook was caught up in a huge fraud scandal five to ten years ago when it came out they were massively overstating the kind of views videos got on their platform. content producing companies pivoted to facebook and video and when the truth came out it collapsed an entire industry (funny or die, collegehumor, cracked, about a dozen smaller companies all shuttered after this). the specifics are they would autoplay videos on their scroll and count that autoplay as a view essentially counting the existance of the video on someones feed as a view. they have an incredibly low bar for honestly in financial reporting and should not be relied on
lmao i cant think of any comparison to this investing in most of companies is morally ok but facebook... just nope
no, no, no, no, and fuck no! i made this in response to pro meta posts i've seen lately but i'm not into using any of those companies unless i absolutely have to. and the government allows all this to happen so fuck them too
you can either dedicate your life to op sec and go off the grid or, accept the fact zuck knows how you prefer to wipe your ass and enjoy the tech.
that's flawed reasoning. nobody is arguing that facebook is the only problem in the world, except you.
that's a little tinfoil'y... considering it was shut down before it even received any funding. also ignoring that it would have been impossible to do with 2003 hardware on any kind of mass scale. darpa is full of fanciful ideas, especially back then when the war on terror money was flowing at a crazy rate. but if it could not even get funded then, that is saying something.
damn... what are you hiding lol
don't need to do all that when we know you're obvisouly james bond anyways
as in you'll never be rid of them?😄
and that is the thing is facebook, google, apple, etcetera thinks they know you from likes and searches but you could be searching something totally unrelated to you. i once researched a pill i found in the medicine cabinet of this girl i was seeing just to make sure she was not crazy, turned out it was an opioid addiction treatment, sure as shit for months i got ads for drug rehab
that's true and what they are counting on, but attitudes can be changed given the right facts presented the right way
oh god i just picture that in my head and its awful
me too facebook just buys up competition to shut them down it is so shady
just fb, instagram, whatsapp, and meta...what monopoly?
which is why it is so puzzling seeing pro meta posts here🤔
seriously all he needs is a high backed swivel chair and one of those hairless cats to complete his supervillain look
drugs are good for escaping reality too but not the best thing for ya! i do take your point that people will buy the meta coin but it just goes to show how gullible people are to targeted ads.
agreed i stopped using all that shit.
it's a whole process and the delete section is hidden in some obscure drop down menu in your account settings somewhere (it is been 3 years i cannot remember exactly) and even after you choose to delete it the deletion takes a month! and if you log in it cancels the deletion. its diabolical really
true true never forget...facebook sucks forever
great idea, are they taking donations? i bet the winklevoss twins would hook them up lol
doesn't seem like it given the way they want to use facial expressions and how long you look at things in the metaverse to sell ads...or sell you to advertisers, whatever it is they do.
yeah seriously. did you see the first metaverse wedding? creepy shit
with you there. at the very least the u.s. constitution rights.
if they had decentralized social media it would be too hard to control information so i doubt they will allow that to happen. as soon as it launched zuckerberg would throw a few billion at the dev's to buy it and shut it down...for all we know this has already happened
no i do not think that i'm just a firm believer you should pick on the worst offenders, it instills some measure of fear in smaller companies when larger ones face a even a small backlash imo.
yeah i saw a couple posts on here recently...probably zuck cucks but i figured i'd post my retort anyway
i think the same thing i think about facebook... they suck! duck duck go and others almost as good for searches and more private.
absolutely google is terrible too although in a different way as it is in a different category of data collection.
yeah i've had some success getting friends to switch to telegram
quite an achievement. they make it nearly impossible to delete now. it takes 30 days and if you log in before its deleted the dtion is canceled, so many people are addicted and cant help themselves for 30 days.
i agree, their untrustworthyness is infectious to the whole tech sector
one can hope it just fades away but zuckerberg is metamorphic the company into other stuff which is worrisome
going to stream it tomorrow, thanks for the recc! take a moon!
shut up and harvest the spice!
yeah of course there are questionable things about most things but i think facebook is well beyond the realm of questionable behavior and into the realm of criminal behavior. that said i do not blame you for wanting exposure to their coin. i do too...i wont do it because its the principle of the thing but i get it.
just don’t use fb.
its unbelievable, they need to name a new syndrome for the people who believe that particular line of bullshit
yeah i could not pry my pops away from fb to save my life
ok i gotta know what this means. i think i know what this means but i'd like to be sure 🌛🐴🐮🐂🐄🐷🐑🐏🐗🐏🐖?
its a metaverse project with its own coin? sweet! zuzks fucked since his coin just went down like the hindenburg
right here baby... the zuck
same goes for whatsapp unfortunately. for some people it is much harder to avoid
as a responsible investor, i choose my coins by logo, so i definitely didn’t invest in a rose. a rocket of cum? maybe, but not a wimpy rose.
and fuck mark zuckerberg!
it's funny how both sides of the political spectrum hate facebook. it really does need to die.
that's where we are headed is social credit i believe, i really hoped people would wake up and demand new privacy laws but no...they seem just fine with big brother corporation knowing everything about them.
that can be changed though, people have a herd mentality and if the majority of the herd became concerned about privacy more and more people would change their opinion over time
some just do not care. others are not aware of what is going on.
i suppose that is an added value to crypto but those poor plebs! i sure wont be buying no meta coin
good for you, it took me a while longer to get there but once i did i literally felt so much better mentally and physically
black mirror effed me up for a bit i'm telling ya🤯
good for you bud. i felt the same way when i deleted mine👍
a boy can dream!
done, done, and done!
fuck them too, i only posted about meta because of all the pro meta posts. i figured i'd try to balance the scales lol
lol, i do not think anyone connected to the internet is safe from data mining by these companies.
absolutely, my parents included
i love to see how my space die in hands of murder facebook but now i want another platform that murder facebook…. we need this asap!!!
i deleted everything in 2015 and never looked back. fuck facebook.
donkey dicks to completion
such an apt name as it has writing on it, pages, and book in the name...but it is not a book
exactly, i cant drag my poor parents away from it with a team of horses and a v8 ford truck
🤭 hey zuck...get fucked😘🖕
they wont change unless and until we make it clear we wont tolerate it anymore. if they lose enough users they will change but only then imo
i honestly was not sure how this post would go over here but i'm happy people are responding positively. as for the crypto and fb never shall they meet part one can certainly hope that is the case
3 years for me, it was extremely inconvenient to enter my parents birthdays into my calendar but if that is the price i'll gladly pay it. lol
one can hope he sinks all his money trying to make it work...nothing would be more satisfying to watch
yeah the whole "it is not unconstitutional if corporations do xyz" argument is getting real tired
facebook knows it is you too. i read something about an algorithm that they use to detect accounts like yours and identify them through friends, ip address, things you like, etcetera.
i like that "someone else's commodity" thing!👍
no it’s not. i deleted facebook altogether before the metaverse announcement. hasn’t hindered me in the least to have zero interaction. in fact, i think it feels better to cut that cord with a company that is that detrimental to society and so many individual segments of it. it is very easy to see the negative effects from a mental illness increase standpoint alone. and that’s if you don’t even take the surveillance state type of data they aggregate for ads and facial recognition software into consideration at all. and it’s all heavily documented, it’s not conspiracy theory. they say “only invest in projects you believe in”. well i ain’t participating in projects related to metaverse if i can in any manner avoid it. not the sandbox stuff or anything i can reasonably identify as ethically unsound based upon my ethics. i’m sure i won’t be able to completely compartmentalize my investments, but i will make a concerted effort to shun those projects.
the part i do not understand is how people are so naive to think meta wants to map your facial expressions and shit to better serve you...its not that at all, it is so they can learn things about you that youd never admit, say, or type via your expressions when you see certain things in the metaverse. and all to sell you shit you do not even need. the money aspect i understand
you forgot u😁 just kidding i could not resist. but yes i'd throw in the cftc too
why do not people seem to comprehend that there are varying degrees of awfulness. fb
nothing is free. never forget that
because they are the worst offenders and basically invented the "free" model everyone else replicated. you need to take down the king to free the kingdom
meta and "the metaverse" are not the same thing. there are many companies you can invest in to get metaverse exposure besides meta and have been around for years not months.
funny, i always see a ton of pro meta posts.
was it called zuckerbucks?🤣
yeah it is interesting no one wants to talk about that
idk i've been around a while and only have 800...cant even buy a premium membership lol
your probably spot on in that assumption 👍
i'm just not convinced that those people wouldn't adopt organically without meta is all
yeah i got rid of it at the start of the pandemic, life has been so much better.
it kind of goes without saying since a metaverse needs a coin to be used there, it is part of the business model and if you think zuckerberg is going to allow just any crypto to be used in his metaverse i got a bridge to sell you...in the metaverse lol
that’s how advertising and propaganda works
you need start at the top and scare the shit out of the smaller players to take this beast that feeds on data
there have been several actually just a lot of "fuck facebook " comments. people fucking hate them something awful!
while tracking your eye movements and monitoring your expressions. that creeps me out.
they definitely have so far. section 230 protects them from lawsuits as long as they do not edit content like a publisher. they've been in violation of that for a decade.
this is a fallacy, they could get everything they need and only use the data on facebook products only and still make billions. they sell your data and track you everywhere on the net out of greed plain and simple and should be regulated imo
no no i did not say that. meta is supposedly developing their own crypto but i'm not aware of any plans to give it away to meta users, as far as i know their plan is to sell it not give it as rewards for playing
i do not try generally speaking to be frothing lol! no seriously i get it that is fine but you could easily have that exact same experience without them selling your data if the government would reign them in. they could use that data all they want in house, provide the same experience, but heres the hitch...they would make less money. it's not right and while i'm not one who believes they violate human rights, i can still recognize that its wrong for zuckerbux to be worth what 150 billion dollars through selling data most people did not even realize they were giving away in exchange for cat memes.
facebook really wants to fucking monopolise crypto which is literally built on the foundation of decentralisation. facebook destroys everything that crypto stands for
i’m glad you said it.
rather be fucked by a rusty nail than touch facebook lol
10 points for gryffindor for knowing the reaction
i don’t really want to fuck facebook, but facebook can go to hell.
i think you meant to say zuck facebook
the only thing you can get by fucking facebook is hiv-22. don't do it!
all my homies fuck facebook. i mean hate facebook
fuck zuck, he’s a cuck
facebook has become a ghost town. serves them right!
twitter, reddit, tiktok, and all the others make money selling our data too. funny how some guy in a previous comment mentioned facebook and robinhood get a certain treatment here. oh you mean the other site that sells your data for profit? lol.
pardon my asking, but what did you do or what did you buy to be tagged as the ash ketchum of crypto?
instructions unclear: set bing as my primary search engine.
if anyone here is looking to make a quick moon, take notes. just say something negative in the comment about one of these post that point out entities in this sub, and you strike moon gold. it's really one of the easiest way to earn moon, considering that post get less moon ratio, while comment have better moon ratio. the above comment probably took less than 1 minutes to type up with almost no effort and it get about 10 votes right now. if this comment was a bit early, it could easily get to the top of this comment section.
even if we use all caps?
robinhood literally makes their money from selling your order flow data, my guy.
^(but i don’t wanna be sexually involved with facebook)
they won’t. 90% won’t.
they'll believe anything with the right marketing and social media buzz. just look at how many ill informed, non-thinking 'patriots' there are in the us.
they just *have to*ban* covid.
i dunno it worked out aiiiite for comcast => xfinity.
they won’t change their practices so their rep will remain same.
xi says they probably would not.
it goes in the memory hole after a few months unfortunately
for me it is still facebook and i will still call them like that.
this may explain how facebook became meta. zuckerberg wouldn’t be y to the first to ‘rebrand’.
i‘m still surprised this hasn‘t hit the news at all.
unfortunately, a lot of people would jump into their metaverse and give up themselves.
this is exactly what i think of whenever "meta" comes up. fuck zuck and his sixers.
was looking for this. ready player one really captured the simple essence of the problem of for-profit interests trying to take capture of something that is beloved by millions .
not bad! but unless you totally thisconnect from the internet or use probably linux os or something like that, you cannot be too confident that one of these companies are not selling your data.
zuckerberg himself covers his laptop webcam with adhesive tape.
say what you want about facebook, but i will not let the werther's originals name be slandered here.
what the fuck did werther’s used to go by??
which is very *meta* itself
that’s what i said. yes. lol
that's such a classic angelica thing to do, she is always doing crazy things like that
thats why i do not use any social media (except reddit) because i do not give a f\* where my friends party at or what shit they eat. quitting social media was one of the best decisions i've ever made.
yep i do not care what others are doing and if i do i can go hang out with them and catch up. i do not care what you are eating or what movie you are watching. and if you want to show me a picture of your kid or dog then show me when i see you!
dropped their entire suite of products too
yet here you are on another social media
jk if it was not obvious
quitting social media is also great for your mental health. i quit all of them (except reddit) years ago and that was one of the best decisions that i've ever made. 10.
tbh all kind of social media is toxic af nowadays.
he posted, on a social media platform
medical data, banking, browser activity, criminal records, local and international travel, e-commerce, in-person and online applications etc etc
maybe because they were searching your name?
that’s what i know too. just upsetting. we can do so much better.
shhh bby reddit is the little guy on social media corner. we’re not like those other guys, i promise.
i’m sure having an entire meta world created by a company that’s willing to let kids slip into depression and kill themselves over losing out on sweet sweet ad revenue is really gonna further humanity
there are much much worse companies than facebook lmao
oh hello mr. bond, i see you browsing nofap. so you wouldn’t mind me going topless, would you mr. bond?
always something there to remind me...
also there are his fan bois on other subs... if you do not like him or his stock they will start trolling you... 🤣
and who it comes from.
honestly, i was spit-balling an idea, but i'm not against reaching out to the company to see if they would accept something like that!
thank god. yea like google gets no hate while also tracking people all day. that am not right lol
sadly i don’t think the ignorance is new just more accessible.
what exactly is whatsapp collecting data on? asking honestly... i stopped using insta and fb a long time ago but i still use whatsapp...
yes! this is where i made my mistake. what the hell is adas logo anyway?
and uploading every selfie they can and participating in the “no makeup challenge” and “no shave november” so they have a wide array of photos to use.
i guess we're gonna have to see where web3 will bring us. if web3 is so good, a lot of people may change their attitude in how they see the value their own data.
i know. after every episode, i needed a recovery show like the office and a beer. that first episode (national anthem) really kicked things off on an “i’m really going to fuck with you” kind of way. great show! the source of true nightmares though. for sure. 😵😵‍💫😩❤️
especially the cyborg, cannot be trusted! evil emotionless grey being.
it really is mostly boomers at this point, huh? getting rid of fb was easy, but i challenge people to also get rid of instagram and whatsapp. insta was harder for me as i used it to send memes to some friends, but after i deleted it i have never looked back. i probably spend 1-2 hours less every day scrolling. it's an addiction that people have justified over the years.
you're a real mvp
i applaud your resolve avoiding fb products! that's what we all need to do - and i'm with you on it. i guess what i'm getting at is that fb as it is today is likely too big for individual efforts like yours and mine to take it down altogether. my overall sentiment is not "if you cannot beat 'em, join 'em." rather, and i work in a company that encourages avidly giving, "if you cannot beat 'em, correct 'em." if fb wants to create a product in the metaverse space - fine. my adoption, and i hope the adoption of others, will not be done blindly. instead, i hope people tell fb.
people are not naive. people just do not care. like literally 0 fucks. people is as stupid as they can afford to be. that's it. people is not as smart as they can,they are as stupid as they are allowed to be. the rest of the people is just in for the money. like i do not have fb but i have rose ,cos is printing money.
remind me 3 years!
hahah...that you know of. but for sure other companies are just as worse
but do not google, reddit, twitter all do the same? or at least try to? thats were i do not agree, i do not think facebook is king, its just another company
but is not the metaverse controlled by meta? even if you invest in another company does not it all roll up to meta as it grows their brand? or are meta and metaverse totally different companies?
i have the tin foil hat theory that those fud post like this are part of facebooks crypto campaign. first everybody is like "facebook crypto bad, s0 little privacy!!!". and then fb just announces that they use a privacy coin and everybody goes crazy about how they love facebook for this move and post rocket emojis. ¯\\\_(ツ)\_/¯ edit: sorry man, i just realised you are the op xd
the user base of facebook is not the type of picture independently getting into crypto so i think there will be a fair amount of exposure.
does the metaverse need a decentralised coin though? it could just have normal payments. half life doesn’t use crypto.
my pool is not the biggest, but of those i've asked no one knows what it is and no one wants to be a part of it. wonder what dummies they are trying to snare into this
jeezus. well that was highly uncalled for. for real acting like a jealous ex or something lol
half this sub does not give a fuck about decentralization or anonymity. people want money that is why shiba is top 10ish and monero is
no, that is tinder.
meet local milfs in your area!
sure, if you’re into sugar daddies, or grannies.
not for our parents generation 😵
if a service that clearly costs money to operate is given out for free, then one should assume that user data is being leveraged for profit.
you don’t want to find out that jagoff from high school scammed his way into a good life?
lemme just shill for presearch real quick
wait dont go yet! edge has new features optimized for the best windows experience. click yes to keep your default browser as edge.
brave is not substantially better. use firefox.
facebook literally makes their money from selling our data too \^\^! fk both!
no wonder facebook’s algorithm is off; it makes it harder to find anything. i wonder why?
i'm not... most people get their info from social media... its about fb so fb would not let it on... and they make a deal with the other ones incase the other ones ever need a lil back door help later on... so they ban all the posts and do not have them on there... then they get the msm not talk about it either.
the company’s website, meta.company has no information on it other than the letter and hyperlinks to the letter in posts on facebook, instagram, and twitter. all of the company’s posts on social media were made after facebook’s oct. 28 announcement about its rebranding. metacompany’s facebook page contained only one post, which was a profile picture, on nov. 2. the company’s instagram page reposted a screenshot of the same letter on nov. 2. yeah, facebook sucks (and i will call it facebook forever), but stop falling for clickbait.
doesn’t look like anything to me…
love that show! wish they would hurry the hell up with seasons but i guess you cant rush it.
seriously, we are living in really interesting times. i wonder where the humity will be in 10-15 years, ofc if we do not destroy ourselves in 10-15 yrs.
i hope dogs take us over. they are better intentioned
tbh even if you're using linux (except qubes) and the internet you are being tracked constantly. the only real way around being tracked from site to site is using tor. this is the bed we have collectively made and at this point its too comprehensive to avoid sans just not using the internet at all which is not feasible either.
i use, linux on my main machine and it is a gigantic pain in the ass. but fuck microsoft
this is a forum though. it does not even feel as "social media" typically does. at least here i can choose how i'm "wrongthinked" with. instead of by a half and half newsfeed and friend feed.
reddit is just a bunch of forums. it's not really social media in the way twitter, instagram, facebook, etc are.
anywhere people are online is toxic.
agreed, i think people would pay a subscription fee to social media if they wouldn't sell our data but no company has tried it yet to my knowledge
okay, do not invest in them too.
its happening rn lol
cant hurt i suppose. worst thing that could happen is you do not get past the secretary
ain't that the truth...and that is coming from someone ignorant enough to use "am not" in a sentence 😄
i do not think anyone can really tell you exactly what they collect, but you have to assume it is about they collect as much as fb amd ig do since they are all under the same zuckbrella.
facial recognition is big money for whoever has the data to operate it. that's the reality, the only downside was that it could not recognize faces through masks...but with everyone wearing masks now i bet that is no longer the case
i'm surprised they did not make more episodes. netflix fucked up by canceling a bunch of good shows over covid
don't trust the greys!
if we're talking social media facebook is definitely king just in terms of users, google could be king of data but i was speaking of strictly social media. yes reddit, twitter, etcetera do the same thing but on a much smaller scale.
its totally fine do not sweat it. i assure you that is not my goal but nothing would surprise me when it comes to fb...dammit now my tin foil hats on too!😄👽👻
i do not think there is a metaverse like that and even if there was i do not believe zuckerberg will pass up the opportunity to make his own coin.
monero is still only ? lemme just go buy some real quick.
this metric always surprised me. and that more people don’t use monero . seems like the obvious choice. no one really cared about net neutrality either to be fair
if money did not matter then why complain and compare # spots?
why are you defending facebook?
i feel like the name accounts for so much, monero is kinda bland but shiva inu sounds exotic and fun
the sad thing is not only do they sell your data, they make revenue by showing you ads for the same data they are selling. talk about milking the cow...
to believe you can make money off the tech, you have to believe in the tech in the first place. so either most people are idiots, (and personally i have no problem with that assessment), or, (this is more likely), people believe in the tech and see the venture as a investment opportunity.
if i wanted to meet local milfs in my area, i'd spend more time in the women's section mid-day at the local target.
if you're not paying for a product, you are the product
i’m on facebook in the hopes that one of the girls i was never friends with will recruit me into their mlm.
not trying to be combative, but how do you figure? out of the box brave is blocking trackers and ads. haven't used ff in years though.
fb payed 60 million for it in december...
delores analysis mode 🤖
i can see myself in 10-15 years on the toilet farming moons. im just really hoping it is not the same toilet as now.
ever see the movie idiocracy?
either you play the game or watch the game play you and be that broke mothafucka talking bout 'i stayed true'
bats and crows together as one. what a sight for sore eyes.
i was part of a project trying to do exactly this, and no one is interested in giving its owner loans or any other source of funding.
where? 👀 oo... they arrived to the comment section here... 🤣
or having a southern flashback 😂
i'm wondering specifically bc with insta or fb there is more interaction on the user side (sharing, liking, reactions, posting etc) but whatsapp is just a messanger i'm thinking they collect whatever media you send in chats and possibly even chat logs as well... big yikes
we'll never know if you ever gonna buy it because it is *monero*
i’m gonna join you on that lol
there are dozens of us! dozens!!!
one question i always wondered, are the tech people ultimately in it for the money anyways? because i don’t think they would put their money in a coin which would be guaranteed to give them a loss.
ya theres a solid amount but majority of people are after money. nothing wrong with that but if you only chase money you're gonna have a bad time
most likely the ones that will stick around are the ones invested in the good tech.
i'm here for the memes
the tech is great and all, but i really wouldn’t be anywhere near as interested if i wasn’t making so much money…
he did say half...
number go up tech
we're all in r
we joke but the tech here is way more interesting than the traditional stock market. at least to me personally.
i mean if the people in crypto in general were in it for tech actual projects like monero would be way higher than meme coins. shiba and elon sperm should not exist they were simply made out of greed that being said i believe monero is undervalued and might have some of it. or i might not because it is a privacy coin ;)
nah you can just hope and buy in on the hype. which ya some are idiots, some are greedy, some are gambling and hoping for money for their own reasons. if majority believed in the tech we wouldn't have a 24"don't panic" "hodl" "i've been in crypto for ___ time and do this" the sub wouldn't need constant circle jerkin encouragement or everyday price talk. we'd focus on tech vs price
dont understand the hate. common knowlegde that when something is free you are the product.
even that is not 100℅ true anymore. fucking tvs you paid for send your info everywhere. you bought your cell phone and google mimes the shit out of you. microsoft's os you paid for is doing the same.
firefox is good. brave is good. but i'm really excited about duckduckgo's browser they are creating. should be released 1q 2022
of course they did because it was a taken name. that bears no relevance on whether or not the virally spread letter was true or not. the people that they bought it from could have been super happy. we do not know.
it's just a baseline.
i would analise delores any day of the week
exactly, might not like that shit but this is ball where we be chained. the game is up and has been up for at least 10 years at this point.
got sent 2 reddit care resource referrals lol. if you've never gotten one its reddit is mental health resource bot. people send it mostly to troll people but its intended to help suicidal people.
it's funny you say that i'm from the northeast but when i get drunk i get like a south carolina accent going on for some reason...my friends make fun of me all the time for it. i say i say i say yosemite's sam's here!🤠
only boating accidents will give away the hint that it’s monero
bullish on privacy. facebook hates this one simple trick.
we'll see who is actually here for the crypto when bear market comes.
i believe its putting your money where you mouth is, also supporting tech. almost like go fund me or supporting a game witha premium edition of a game with small cosmetic advantages... and also to make money. looking at the state of inflation here i am all for the not as well off trying whatever they can to get money to go further.
any coins in particular that you're thinking of? please do not say nano.
some people believe in personal freedom more than they believe in making a few more bucks.
fuck the lizard man and his meta
most facebook users don’t actually care about their data
>common knowlegde that when something is free you are the product. that's not common knowledge.
it’s not only ‘free’ metadata. they also apply some dirty psychological tactics to alter your thinking. it’s not only them, by the way. facebook just shines out because of leaks.
it may be fairly common knowledge now but fb has been around for 13 years doing this shit under the radar
if duckduckgo’s browser is anything like it’s search engine i’m going to stick to firefox. i really love their mission, and i do use it as my default search engine, but google really is just better.
what letter???? all i ever saw was a few news articles online about how the company had refused multiple offers from fb for the name... fb made the announcement anyways. and that nets sued them... i actually had to google the outcome of that when i saw the comment about them...
ngl i'm pretty sure we are in a bearish market atm. makes buying less painful 😉
i do not get this, does not people who are here for the profit, would love to invest when the price drop lower even more?
fuck dark fuckerberg & all he stands for.
ok. and the developer of these big companies live for free? god damn.
and because they are the biggest and worst offender in social media
the reason people are mad is because of a letter that got spread around claiming that facebook was making the lives of the business that owned the name a living hell and basically bullied them into it. probably somebody saw the real story about how a business did not want to sell the name, refused multiple offers, and settled it for 60 million and span a lame story around it. the forbes article you linked actually solidifies that the letter was bullshit. they bought it from a financial firm who was playing hardball because they knew how much the name was going to be worth to facebook.
i understand your point. but it is not common knowledge.
i'm not sure why you brought up a fake letter... it had nothing to do with what any1 was saying about it
\>you mean stole the name and then forced the real owners to sell right? \>i‘m still surprised this hasn‘t hit the news at all. i assumed that this is what you two were talking about. what actually happened is not really that news worthy other than the high amount.
damn this guy made a living making shark tanks?
tldr; shark tank host kevin o'leary, who recently allocated 3% of his portfolio to bitcoin, has no plans to sell his coins anytime soon. o’leary believes that 2021 is a pivotal year for bitcoin as more and more institutions are looking to enter the space but are wary of energy consumption concerns. he also believes that more institutions will come on board once the esg issues of bitcoin mining are resolved.{} *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
i don’t trust this guy. he spouted about how it was bullshit then drastically changed his mind. for that reason, i’m out. edit: it’s a shark tank joke people. people can change their minds i got it
i thought he said bitcoin was garbage
he will be a rich man one day
if whales don’t sell, it would not go down.
wasn’t he shittin on bitcoin? who fucking cares bald snake
what if: we do not care what these rich assholes think? bitcoin survived without them, so we do not need them now.
the key for all of these people is it is such a small.portion of thwir wealth. it really means nothing.
kevin o'leary is a fucking dumb ass, he started with a golden spoon up his ass and dropped down to silver.
first they ignore it, then they mock it, then they buy some, then they read about it, then they fall quiet, then they show up a few months later praying at the temple.
you are rich and have influence. you do not have bitcoin, so you shit on it to dump the price. then you buy. then you praise it, saying you will never sell and pump the price. then you sell. fuck this guy. he did exactly that.
easy to say when you got money already.
he own some of the worst performing etfs. i wouldn't take investment advice from him. you can also look at his jeopardy participation to see that most of you are probably sharper than he is.
awe how cute! look who decided to join the 1 btc = 1 btc club finally. mr. snake tank
wasn't this guy touting sos stock when it was at . fuck him, he is a complete fraud.
one boat murder is still one boat murder, kevin.
so we asking for every billionaires take on cryptocurrency nowadays?
if “nothing will replace bitcoin” then crypto is a dead duck. given how long ago bitcoin was created and the limits of the tech at the time, there really *should* be something that replaces bitcoin, something that does things better. thankfully, i think old kevin doesn’t know what he’s talking about, as there are many projects out there already that have better features and use cases, so bitcoin should be surpassed one day. that’s not to say bitcoin won’t survive and stay strong, just that something else with more utility and everyday usage will become mainstream and more widely adopted.
he went from shitting to shilling. shitting on it for years to shilling it
how long exactly is the "long run"?
only investing 3% of your portfolio makes it very easy to say stuff like this.
narrator: *something will, in fact, replace bitcoin*
yep. he’s at 3% of his assets in crypto. and is looking to increase according to the pomp interview. i personally like eth more than btc, but both are good.
nano makes bitcoin look slow and old, i wonder if kevin knows about coins that have advanced or improved upon what bitcoin originally brought to the table in 2009 as the first crypto... he is basically saying a coin from 2009 is the only one that matters... the oldest one... that is like investing in horse drawn carriages then insisting they are always gonna be around even when you start seeing cars being invented... sad.
nothing can replace bitcoin... except for the nearly identical hundreds or thousands of other cryptocurrencies? lmao
this sub: fuck the big corporations and millionaires also this sub: bald millionaire shark tank daddy is so based for buying bitcoin. even though he was bashing it hardcore last year
nothing will replace compuserve
eh it will be replaced, by ethereum first then ny anything better that still does not exist, believing that it ill never be replaced is pretty much what current fiats are about., and one of the biggest reason for bitcoin existence is to replace current fiats
but i can think of a few coins that *should* replace bitcoin...
nothing will replace bitcoin? i can think of serveral coins that do more, faster, cheaper, and scalable.
>"nothing will replace bitcoin". if anything is replaceable ... it is bitcoin... will it i do not know, but it is totally replaceable.
guaranteed a short is going down. all this news of massive amounts of buys and acceptance, and the price is at its lowest point in 3 months.
nothing will replace bitcoin? ever?
nothing will replace btc? that's foolish. nobody knows the future
this is the vision for every bitcoiner. 1 btc will always equal 1 btc. that's why only the number of btc you hodl really matters for the future. keep stacking. keep hodling.
bitcoin sucks. it's shitty tech that is already running on borrowed time. there is a sea of better options, better in every imaginable way, if someone must use crypto. thinking bitcoin is this magical thing worth coveting is already admitting that the value is not at all tied to utility. if that does not scare the shit out of people holding it, you're not paying attention.
kevin o'leary is a fucking grifter
“nothing will replace bitcoin” - not shitting on bitcoin but it’s pretty obsolete tech. surely for utilities’ sake it will end up being replaced by a faster chain with lower fees. edit: how about you explain how it isn’t before you downvote?
could anyone elaborate „nothing will replace bitcoin“ in terms‘s? from my understanding, bitcoin barly has any use, similar to our cash now, while ethereum and others for example have multiple purposes and uses.
i'd like to own one bitcoin. if guatemala trades the dollar for btc...it is going through the roof.
mr wonderful made one of the most sound reason on why crypto will be the future. and how it should be used. personally i fully agree with him as well. it doesn’t make any sense to trade in btc. stake it in defi to earn interest, swap it to stablecoins and convert to fiat to use. if btc is compared to gold, i would not use gold to buy a burger. please take my fiat instead, not my “gold”
this guy understands it: 1 btc = 1 bitcoin always
*us government has entered the chat*
sounds like a doge owner 😂
if you do not recognize this as insincere market manipulation then you should not be invested in cryptocurrency.
if everyone holds their bitcoin. will it go to 0, stay the same price or go to 1m?
of course he does not care!!!! he already is a millionaire!!
bitcoin is older tech. sure its the gold standard. but we uncoupled from gold for a reason.
okay, what is “the long run” then? we’ve had btc for over a decade now, and it hasn’t gone through any major transformation or anything, it’s just more popular than it used to be, but functionally it’s the same speculative asset as it was at its inception. will this guy hodl 15 or 20 years from now because he’ll be waiting for err what exactly? for btc to literally replace fiat? legitimate question, what are the hodlers hoping for or waiting for? what does an ideal but realistic endgame look like?
bitcoin starts to go down. rich guy with a platform makes an investment and tells everyone from platform about his investments. because it “proves he has faith in the currency”. buy low, influence investors, make some coin along the way. this isn’t a bad plan for more rich guys to get richer.
monero>btc downvote me if you wish, but its true
stop giving these clowns a voice!!!
stop putting billionaires on a pedestal
bitcoin goes up: “ahh, one bitcoin is worth 66 thousand dollars, 1 million is inevitable soon!” bitcoin goes down: “one bitcoin equals one bitcoin.”
i am thinking his point is spot on and he gets it... 1btc = 1btc. more to the point, 1btc = 100,000,000 satoshi... so with a max supply of 21million btc, there are 2.1 quadrillion satoshi to be had. that's a money supply with built-in inflation controls. \
while he unloads bags to suckers. this is like the wolf of wallstreet pushing madden shoe.
when are we going to accept that bitcoin is not the best cryptocurrency? its only popular because it was the first one. we have many better and efficient cryptos now
no offense, but the big question has never been, "what will replace bitcoin?". the actual big question has always been "what will bitcoin replace, and when?"
wise words from a dumb man
smartest thing said here : "i don’t really care who tweets what. i’ve made a binary decision to own bitcoin". ie, filter out the noise, if you believe in the fundamentals, stick to it and take a skeptical view of the reasons for price movements.
i hate shark tank. a bunch of rich motherfuckers getting paid to “sponsor” ideas with money and do absolutely nothing.
said like a true market manipulator
he's right... it is worth what it is worth. wait until we have a billion people trading with crypto... you am not seen nothing yet.
what if it goes down or up ,001?
why would nothing replace bitcoin. if you think bitcoin is the one true currency for all time you are delusional. it is simply the first step, and that step may already be over. crypto is the future, not bitcoin
nothing will replace bitcoin is like nothing will replace the dollar is like nothing will replace the combustion engine, etc etc. people need to quit being rigid absolutists if they are tired of eventually being wrong all the time
easy for someone to say when they have amassed the wealth he has and has all the reason to pump the price. d
this is my take with mining. i do not care what btc is trading at today, since i'm not selling today
whats with this cult like talk with btc? lol it’s not so sad
one bitcoin is always one bitcoin
would love to see mr. wonderful and mark cuban argue over crypto. actually, i'm out.
nothing will replace bitcoin till it does.
except a copy and paste code the exact same as bitcoin 🤡
read: please pump my bags so i can dump them on you how can anyone trust this sociopathic capitalist
"nothing will replace bitcoin" ah yes
except btc is a scam.
guy finally shilling btc. never thought id see the day the way he talked about it before
bitcoin will be dethroned from but replaced as the first crypto made, sure it can always hold on to that.
if he is so smart... then why is he bald?
when, exactly did rich assholes who spent years ripping on crypto become relevant? this nimrod does not even understand how mining really works, and probably does not know his own email password. what makes him an expert on anything blockchain or crypto? ignore this polished turd.
bitcoiners are like a battered woman going from one abusive billionaire to the next. “oh, he’s different than the last one!”
crazy to see all the hate on kevin in this thread. i mean, come on! this guy is one of the only billionaires i actually like!
this just further cements my feeling that bitcoin will fall to an altcoin in the not so thistant future. kevin o’leary is a national joke, the guy looks like a real life sctv character.
until proof of work is taxed for energy usage
kevin o'leary is an absolute fair weather fan, who will dump on you while praising something. look up how he made his money... he's a total shitbag and should not be trusted.
btc was way over priced. should be around .
this sub-reddit is pathetic. for all the talk of mass adoption, its reluctance to let go of bitcoin is hypocritical as fuck. there *are* many, *many* coins better than bitcoin, more suitable for mass adoption. ' this sub's reluctance to let go of bitcoin implies that this sub is heavily invested in it, therefore instead of aiming for mass-adoption it is just out there treating crypto like an investment vehicle. at least other crypto subs have the shame to admit that the tech does not matter to them and they are just in it for the hype and lucrativeness of it. ' the best thing that can ever happen to crypto is for everything to fuckin crash and shake off the investors once and for all.
he's still a piece of shit that advocates for huger government and vaccine passports.
you go mr wonderful. fuck musk
shark daddy hyping up my coins
he's not a trader
i agree with this sentiment and idea. it is going no where fast.
oh so now kevin’s a moon boy huh? lol
hea not fuckin' selling.
no thisrespect, but i’m not sure i’d live by what the oldest man on shark tank says he lives by…. have you seen the show? he’s the non forward-thinking, non-open minded one of all of the sharks.
i do not know why so many people panic sell, last time i checked my portfolio i still had the same amount of crypto
btc in 2028 and 2032 are the next dates to look out for since those are when it halves again. also, if you're completely broke and do not have any extra cash to buy btc, consider buying stx instead. if you stack stx, they reward you in btc. by the time the next halvings occur in '28 and '32, you'll have a sizeable amount of btc just for holding stx. stx is bringing layer 2 defi to the bitcoin network, so it should be very valuable in the future, especially since it is about .88 right now.
damn i hated this dude on the show
at , if btc will one day get to &p500 gets to 8600, then its a better investment. [it will reach + again]()
he does indeed look like a cryptopotato in a pink wrapper
there was a post about how this sub was becoming like wsb and yet o’leary is like acting the same way lol
that guy is a pathetic sellout. but this is good for bitcoin
the more i hear mr. wonderful talk the more i like the nickname
i have seen countless episodes of the shark tank and o'leary. this guy is like a posterboy for capitalism. he has huge influence on people like him and what he is saying here could be very positive for crypto adoption from people that have huge sums to invest.
i figured it out now ! , the only way to have 💎 hands nowadays is to have a billion in the bank to help you sleep 👍
this guy also was so out of crypto after he “bought all the crypto crap” and it didn’t do want he wanted it to. he’s always on tv and i’m super skeptical of his real positions and intentions.
i dont care if it goes down 20k or up 20k, i will still check the charts once in 5 monutes at least.
kevin o’leary’s words don’t mean shit. he also vouched for a guy that was running a real estate scam. he also praised whoever paid him a few hundred bucks on cameo.
am i the only one that thinks this is completely made up? is cryptopotatoe a reputable site? this just feels fake to me.
because if there is anyone we should trust not to stage a pump 'n' dump, it is --checks notes-- kevin o'leary.
lol... ya right... this means it’s finished... rip btc...you had a good run...
kevin is so based
"one bitcoin is one bitcoin" hello my fellow kids!. this is the most tepid of tepid takes. i'm sure kevin genuinely sees value in crypto, but this is some ass attempt to look cool and garner attention. probably to in an attempt to try to sell his "virgin" bitcoin that was "sustainably" mined.
even he knows it!
there’s a difference between a multi billionaire and an average joe investor...
new lower low detected, this is an obvious sign of hodl in bear market.
1. because he can afford to hold 2. who gives a shit what any of these losers on shark tank think
mr wonderful bought the top 🤣🤣🤣
> i don’t care if it goes down or up why? why don’t you care? you’re losing money that’s not a rational thing to not care. if you really didn’t care you wouldn’t be commenting about the price…. hmmm…. maybe you do care…
he might be a dick. but he’s a dick who gets it lol.
might be the only smart thing this guy's ever said
even the sour potato man supports us!
lol. dude changed his mind real quick after watching btc tank and then be the only largest grower in either market in over the last year. other than that… he has a point.
no offence there mr. o’leary but you’re wrong about nothing replacing bitcoin. ethereum or bust.
they should all be pumping it to not let yhe government buy paper hands crypto ugh stupids
this would not age well.
1 doge will always = 1 doge, and 1 bitcoin will always =1 bitcoin
as a canadian it greatly pains me to agree wholehearted with kevin o'leary on something.
ethereum will replace bitcoin.
1 sat = 1 sat
billionaire fud = bad billionaire says good things = good. thanks reddit
wasn't this guy anti-crypto at one point?
>nothing will replace bitcoin! *quantum computing has entered the chat*
o’leary 2019: bitcoin is garbage! o’leary 2021: nothing will replace bitcoin.
this guy is a fucking loser, i wouldn't take advice from him.
well... once we get some defis, altcoins, etc showing their stability and real-world use, bitcoin would not have much to come to the battlefield with. i do not thislike btc at all. but it will struggle to compete in a few years once all these other platforms and projects show their big muscly arms. btc is 10 years old. all these new ones bring more features to the table. people will gravitate towards investing their money in the newer platforms, so i think we'll see bitcoin buying slow down. bitcoin will be like investing in horse and cart. more recent ones will be like investing in high-speed rail. i do not think it will hurt to hold some btc. but the way ada, xrp, pcs, etc are looking, i think you have to spread your investments into some of these too. btcs only benefits are limited cap and first to market. the prior being something that a lot of new coins have to offer anyway. and the latter can lose its power over time. btc is not a stable coin either. it's dangerously volatile.
dude if it goes down to 20k and my vet is still where it is at itll be super tempting to transfer all those gains to btc.
funny how these once skeptical people now become full on bitcoin fanatics !
i just grabbed more crytpo. not btc but w. i believe the us dollar is done. so we are in the red. big deal. early adopters need to weather the storm.
when can i buy a gallon of milk with bitcoin
what if it goes back to
if it continues like this, we need to wait until 2025 to see btc at ath again
>the institutionals are interested in bitcoin as a property. that’s the gold standard of digital currency. you can debate why it is. it just is nothing else is going to replace it. this is the most dogshit brain-dead take imaginable, change my mind. crypto has barely existed a decade and people act like bitcoin has this too big too fail immutable value. stfu, it is only got the value it does by being the first entrant and the crypto most people are familiar with. that does not mean it will always have value, it got a headstart in a race where it is far from the fastest runner.
this is the same piece of shit that talked bad about btc a while ago. fuck him and elon
lol! kevin o’leary is now a moonboy. 🤣 you know with all the weird things happening lately... a global pandemic, ufos being acknowledged by the us government... if kevin posts blue laser eyes with a safemoon hashtag i’m checking myself into the funny farm. that means we’re living in a simulation and reality is starting to melt down.
replace ‘xrp’ with any coin.
"and for this reason, i'm in."
as a tool to launder money and manipulate markets for the ultra rich... so exactly like normal money...
kind of a sad day when "shark tank host" is what o'leary's best known for...
and yet people are listening to fuckin trump and musk over this guy🙄
he sounds scared. ok, i get it, he owns just 1 btc. lol
he’s still a piece of shit.
glad he feels that way because at this pace it will be down to .
damn [he sure changed his mind quickly](
unless you have kevin o'leary's wealth, you should not be investing like him.
i do not care if it goes to 5$
cant sell, if you dont own any. srsly, dont trust multi-millionaires. they only say things that benefit only themselves.
there is a reason why the richest men on earth are long time investors not day trading gamblers.
reminds me of that one sceen from the big short where that one bear stearns investor says he will buy more.
he is trying to catch newcomers into buying bitcoin without telling anything related to tech and btc problems nowdays, what a surprise
not an investor then, a cultist.
not sure why we care what billionaires have to say tbh
i remember reading his he went to harvard fit a speech and he bought . but that was like five years ago so if he held that bitcoin it would explain why he put 3% of his portfolio in it this year.
wasn't this guy calling it a scam?
whenever people say bitcoin will never be replaced, or that bitcoin has now flaws, i know that person is not to be trusted. it's common sense that if a better, newer, more elegant, more efficient version of bitcoin comes along then that new better tech will replace bitcoin... these bitcoin maximalists have a hard time admitting that
can goldfish get into the tank with kevin? and i suppose whales don’t bother him since he’s a shark...
he used to be so against crypto too
i wonder if this comment will end up on r. i dont thisagree, but ohhh the possibilities
says the person with plenty of money to spare.
in comes the digital yaun.
if he thinks it is here forever...wouldn't he sell it to people for goods and services? like i do not hold on to usd saying, "nothing will replace usd." i sell that shit for goods and services daily
1 btc is 1 btc has got to be the dumbest statement. you can say that about literally any investment but believe it or not, some go to zerp
solar flair will. 🤷‍♂️
"nothing will replace bitcoin" ok but eth maybe?
"fiat you are dead to me, i'm out" - kevin o' 'leary
mhm nothing? yea i guess to him nothing will, and while everyone else is using doge he will be begging for anyone to take his bitcoin for a buck
so it is a souvenir for him as it is to most bitcoin fanatics
fuck you kevin, but i agree.
newbie intuition money :)
he's selling it high to buy back low.
lol first he was relucant calling it " a giant nothing burger"[link](
crypto just got its new hero
truth. if you are not day trading stop looking at the price and don’t sell until you need the money...
these are the guys we are trying to overcome . them joining the crypto space is terrible
i can’t believe how much he flipped the script.
i agree with kevin on this one thing
goes up 20k, cool i'm in profit, but i'll keep dca-ing. goes down 20k, cool i'll buy more and keep dca-ing.
this is the most surprising big name that has gotten into crypto for me. he always struck me as an old school investor type. i guess ultimately he just puts profit above everything else, so i respect it.
a few years ago, kevin wanted nothing to do with btc and said "it is backed by nothing so it is worthless" and then the guest on the show said "so is the us dollar and how big is your cash position?" [watch shark tank's kevin o'leary challenge the bull case for btc](
you really do not want o'leary to be speaking for your anything. he's a soulless snake
etherium exits the room.
he is right. one bitcoin is one bitcoin. people access bitcoin by value and that’s what hurts them in the end.
well he is wrong
“nothing will replace <any obsolete technology>” says the old man.
remember what this guy said like ... 60 seconds ago? bitcoin hater turned into a long holder. what a scrub.
but maybe just maybe ethereum will flip btc
lol. slow, expensive and centralized. there is way better tech to replace bitcoin.
amazing how in 2019 he called bitcoin garbage.
boy has he sure changed his tune
everything that fuckin guy touches tanks.
bitcoin is becoming a deity for some
shibu inu and sanshu inu coming for that ass o’leary 🤣🤣🤣
well do not get our hopes up technology is made to be replaced kevin. from shells to gold to bank notes to crypto, something's gotta be next
except literally every other crypto. especially ether. we are in the very early stages of crypto and bitcoin already outdated and outperformed in major parameters. you’re naive to think it will stay by the end of the decade.
well if you are already a billionaire creep why would you give a shit about ?
holy shit we don’t need an elon 2 electric boogaloo if bitcoin eventually falls out of favor with this guy. i thought this sub was making strides against glorifying wealthy business magnates?
does he still have a myspace page?
damn i remember when dudes on shark tank were skeptical about bitcoin
no one has told kevin about eth? 👀
i really do not like kevin, but i like crypto, so i am conflicted. lol
man who owns bitcoin attempts to talk up price of bitcoin.
"nothing will replace bitcoin" but what about alien money?
what a noob ... 1 bitcoin is not equivalent to 1 bitcoin. taint and fungibility. clean minted btc goes for a premium, while tainted btc will get you blacklisted or worse.
so where did this fool get his green bitcoins?
1 btc != 1 btc
can’t wait for mnmd coin
what choice does he have? he has to sit it out until the bearish cycle ends.
i remember when o'leary was originally bullish on it, then was against it in some of the most acted temper tamptrums i've seen on finance tv, now to be hard bullish on it again. glad to see him onboard but i'd expect him again to change it up at some point.
i agree with this point of view. there are awesome coins with awesome use cases but bitcoin will always be bitcoin, the most secure and trusted blockchain. i hold mostly alts but bitcoin is and will be the core of the crypto ecosystem. when it comes to money, the most important thing is security and trust, btc has both. yes, btc is not the best p2p decentralized currency, there are better options for that, but that does not make bitcoin "bad" per se.
spoken like a true non-innovator.
long term investing is good you just have to keep an eye every single time to plan.
im new to crypto and was worried about the volatility myself. but, when somebody explained that "1 bitcoin is 1 bitcoin" i did not worry about the price going down anymore, not unless it hits zero
and more things we already knew but will continue to jerk off because its a rich person
i believe it’s one doge = one doge mr o’leary
said every crypto shill ever
a shark among whales.
can we replace bitcoin though?? it’s a steam engine, there’s better ones out there. i just don’t get why btc gets all the love because it’s the oldest. cryptos been on my radar for years, but i’ve only really gotten involved 7-8months ago, so as a newbie i don’t get the appeal.
he never said that.
he should advise trump’s ignorant ass 🤦🏻‍♂️
one bitcoin is not one bitcoin... he probably intended to buy monero and screwed up. :p
i know this sub is pretty bullish on all things crypto... but do people here really believe that bitcoin can never be replaced? ' i expect. tech moves too quickly for us to be locked into something started back in 2009 for the rest of time. ' other coins seem to be better in numerous ways, bitcoin was just the first. the idea that it will just be valuable to hold on to it forever seems nutty. ' of course, like others here have said, he appears to just be doing the opposite of what musk does. o'leary has a huge investment in bitcoin, and if he can prompt that investment to go up 5% by talking about it positively... why not?
i'm asking for a shark tank for father's day. it's the first time i actually asked for something specific like that so i'm really hoping i get one. preferably full of sharks.
this type of bs from a elite bankster makes me want to get out even more. these fkers do not care about the people and definitely do not want us financially free
kevin ‘i killed people with my boat’ o’leary
i wouldn't believe a word that piece of shit says
nothing ? ( ͡° ͜ʖ ͡°)
kevin is an idiot ... monero anyone...
this guy's rich coz he knows how this shit works. gov trying to fud the market coz they know all currencies are essentially faith based. they only way they can destroy bitcoin is to manipulate the people that support it.
iota already has replaced bitcoin and eth you just cant see it yet. i wont be taking 1 hr to pay to move my money. i will use fast transaction free limited supply store of value crypto iota. bonus… it does transaction free smart contracts lol. he can keep his btc
i'm concerned with the amount of power needed, seems like an own goal tbh.
kevin “a salary is the drug they give you when they want you to forget about your dreams” fucking o’leary
he's right, nothing will replace bitcoin. as in bitcoin will be replaced with nothing.
i guess it is legit if it came from this sleazy bastard.
i do not trust a dude who gets hammered with his wife, then proceeds to have his drunk wife pilot a boat and crash into another vessel resulting in death... then had the audacity to deflect blame. scum of the earth
at some point bitcoin has to be replaced by something else. its blockchain is old, slow, and clunky and there doesn’t seem to be a legit path for it to become commonly used as currency. i mean what, are you gonna go sit in the parking lot at the gas station for 15 minutes waiting for the transaction to confirm before you can grab your beef jerky? something like cardano seems much more likely to fill that role.
i'm in this same boat. i decided earlier that i was going to have an exit plan for this bull run, but as time goes on i just do not see myself doing that. it would be so hard to time an exit, and i do not think there is any getting out that i would not regret later. i spent bitcoin on living last bull run, and that is just too painful to think about.
20k is about 20 dollars for him so obviously he is not going to care.
o’leary in cnbc not so long ago: “i can see the day when grown men are weeping” … him talking about government going after bitcoin. this is interesting.
this is massive news! we finally have kevin o’leary as an investor, this should push the price by 50k at least.
he's an incredible douche
sorry kevin, but 1 btc !== 1 btc... \*laughs in monero\*
man, there is going to be so many btc bagholders when eth flippens btc.
o'leary cannot be trusted. he panders when he needs to. that's the part you hear that makes you think, "hmm... this guy might be alright". but he is a snake.
well nothing will replace blockchain, hard to say for certain that bitcoin will stay king if its not as viable as we thought originally. too many unknowns to say with any amount of confidence
grats a billionaire can be diamond handed on a small investment, more clownworld shit
sounds like someone in a deep fucking hole talking about a rope.
both kevin o'leary and mark cuban are in, although cuban is more an ethereum token guy
"when you have as much money as i do, nothing matters!"
right. and one myspace share is still one myspace share.
said the same things about his beanie baby collection.
bitcoin is a great store of value. usd is just a shitcoin the don is trying to shill me on fox.
"nothing will replace bitcoin" ... sir, this is already happening.
i care though, and for that reason, i am out.
nice, if all the whales would be following this pattern, there would be no pump and dumps of such high extent i guess
if anyone thinks he is not swing trading the shit they are crazy
i'm not a crypto surgeon, but as a technology, is not bitcoin a little outdated?
reminder about who this guy is for all the fanboys looking for a new billionaire's teet to suckle on:
weird cause a month ago he said he doesn’t like crypto because of the environmental concerns
he had the opposite opinion on it not long ago, seems bullish his mind changed so sharply
lol... from a big nothing burger to hodl
for , so idk how much i trust him.
lol what does kevin o fucking leary know about bitcoin. a rich dude with so much money that an investment like his means nothing to him does not mean anything for bitcoin. it means a dude who is rich said he would not sell . that does not help bitcoin
this guy is a complete pos... he may be financially smart but at the end of the day he is a bad human
once again, folks here need to tune their arguments: are you talking about bitcoin the investable entity, or bitcoin the currency. 1. they are not the same thing in terms of longevity. 2. they are not the same thing in terms of sensibility. 3. and of course: they're not the same thing, period. his statement *"nothing will replace bitcoin."* needs clarification, otherwise the arguments regarding his statements here (pro) are going to be *completely* pointless.
btc started it all and if anything it will end it all too. hopefully not the latter 😂
he was so against bitcoin for years. he just recently changed his tone just a few months ago.
mr wonderful is the ultimate cumlord
he says that this week. this dude has flip flopped so many times on crypto.
“nothing will replace coinbit” 🤡🤡🤡 dogecoin. coinbits market cap is getting clapped by all these new coins that are replacing cointbit!!! 😂😂😂
as if i needed another reason to hate kevin o'leary, now i see him sitting there like a goon with his jacket button done up.
of all the people into bitcoin it does not surprise me kevin is into it, well maybe a little but, that he is so into it. he's down for the ride. he's a smart guy.
he has enough money it wouldn’t affect him if it went to . but i suppose everyone should have that mindset
why would he sell? he doesn’t need the money
i’m so conflicted. i hate this piece of turd so much. he is a thisgusting human being and i would trust anything he says about as far as i can throw him, but for the sake of crypto i think. knowing fucksticks like this guy getting in early just means he’s going to reap any benefits too.
i've been waiting for the shark tank guy to weigh in on everything. good to hear!
oh now the btc family has a new god to look up to now that elon bent them over and fucked them like the birches they are? lmao
hold on i thought this was the same guy calling btc the china coin, now he saying he am not selling. i know why because he is in the defi business
he cares. he just wants his investment to look good.
lol long live monero
sounds like the 1 doge will always equal 1 doge argument.
he likes money… he’s seen the light. gets it, obvs.
wow, a ringing endorsement from the living embodiment of a pile of shit! well, i'm convinced!
lets hold bitcoin down in bear market 2 years he will sell lol!
i just cannot help thinking biden is this century's version of herbert hoover.
wow. bitcoin really is a boomer coin.
probably not good financial advice on bitcoin from someone who will be a multi millionaire no matter what it does
umm, it is 1 doge = 1 doge. the f is kevin talking about?
ok bruh you been on the dogecoin forum too long mr wonderful 1doge=1doge.
not sure how this is actually a good thing? soon all bitcoin will be owned entirely by billionaires and institutional investors which will be a self fulfilling prophecy raising the price sky high. i guess that’s not really a bad think but it kinda negates peoples ability to use bitcoin as a currency. i’m buying more and more the further it drops cause institutions are just getting in now as well which will raise its value indefinitely in the long run.
if he thinks nothing will replace bitcoin then he clearly knows nothing...
a bitcoin is a bitcoin, but how long will bitcoin be bitcoin
i agree, but i also think he assaults women.
monero begs to differ on the dark markets haha
i say this all the time. one coin is always one coin. its dollar valuation is what fluctuates. change your perception - change your experience.
the next big thing for bitcoin will be the bitcoin etfs traded on american exchanges. the approval process is already in the works so it’s only a matter of time. joe public can just buy the etf from his retirement account directly. this will bring in a large new buyer group. sadly it will also bring margin puts and calls from the investment bankers creating wild swings and plenty of memes here on redditt...
anything to thistract from the fact he murdered a person with a boat.
actually kevin o'leary wants to essentially create bitcoin classes. "green" and "legacy". he wants to essentially make different valued assets. he thiscusses this in his newest video on bitcoin and his team that he is hired is working on that. this is more of a grab for power if i'm being honest and to basically invalidate the bitcoin we all have. might be downvoted for this, but people should really know about this.
kevin is a true hodler and i respect him for that.
after the tim dillon podcast i was wanting one of those *",000 in under a decade"* coins.
you guys have one bitcoin?
so buy tank coin? or wait for coin to tank more?
he can afford to tank!! whats in your wallet?
he has his magic number in his otherwise useless thistributed spreadsheet and he is happy.
this man makes his money by being a famous person. there’s a reason he has a full team of people dedicated to getting him on cnbc every day. he, like gary v, mark cuban, paris hilton, and all these other macroinfluencers will say and do whatever gets eyeballs on it. this week it’s “bitcoin good”. please don’t put any stock in their opinions of the day.
he’s selling when he hits his number. bet on that.
kevin o’leary is a fud master. he is the tip of the esg fud so other rich ass holes can get in at a good price. he is a whale, his buys are otc so he isn’t going to move market price. so by fudding he makes a net negative to price action giving him more time to position and get infrastructure in play. other whales sell small amounts (relative to them) to drop price when volume is low (as it had been). for those unaware or new, he has invested in a mining company and a whole defi operation. he is just like the other whales, keeping price low to benefit himself in the long run. if you can get more btc & eth (or one or two other coins) do it. this is a great puff piece, for the ppl in the know, as a call to arms to buy. at the same time some more fud to keep retail at bay just a little bit longer too keep us from squeezing exchanges and driving up prices. if you understand how much is actually on exchanges and realize what they’re doing you prolly bought the dip. if not i’m sorry you sold and lost some profits.
kevin is a troll, just a rich one nonetheless
guys a loser. he killed a bunch of people while boating and tried to blame his wife.
so he has changed his opinion only after he invested?
"kevin o'leary the crypto expert says: "i do not..." i do not give a fuck what this guy says.
dey call that boy egghead
hacash has 3 proof of work assets on one chain (including bitcoin).
now he is pumping eth
kevin gets it. few people posting on r.
this dude is a pig. can’t wait for him to be worm food like us all
he has 3% he cares zero
lol shitcoiners here thinking their 5 dollar shitcoin will replace bitcoin. there is only one true coin.
countrys start to investing in bitcoin el salvador want to make bitcoin a legal currency for every day use i think he’s is smart very smart man
you do not lose money till you sell it.
one day he is bullish another day he is fud
i admire his diamond hands but plenty of things can replace bitcoin
he’s probably deep into bitcoin which is why he said that. he would never promote anything he didn’t have money in. when cryptocurrency gets mass adopted and regulated it will not be bitcoin having all these transactions. definitely not anything tied to the american dollar. we will ha e centralized and decentralized projects and btc will lose its dominance once they realize it is too slow for routine everyday corner store transactions.
bitcoin another air castle designed to dupe greedy speculators out of their cerb money 💸
funny, i just liquidated all my btc in favor of superior coins.
yeah and most sharks can’t even pilot a tank. he’s really good
actually he merely collects a royalty of , plus he gets a 5% equity stake just for being mr. wonderful. somebody else makes the tanks.
no, he made a living by buying large portions of successful canadian and american startups, then immediately moving all operations to china the amount of times he called someone stupid for paying double for american manufacturing
not to tell you a former us president was part of the deal too
it's all fun and games until the shark market tanks
imagine going to war and facing a panzer tank full of sharks made by this guy.
i guess. he should really tank those sharks.
i thought he was the first human to successfully live in a tank full of sharks
this is so totally good for bitcoin.
shark tanks and dragon dens
that syfy channel movie series probably made his stock go parabolic
imagine a shark shaped tank. all wars would cease.
he has a new venture coming you see. not many know about it. it’s big folks...it’s called whaletank. go kev mate go...
i mean it was pretty popular 😂
sharks dont eat men in pink suits...that’s the problem
talk about laser-eyes. you know, i have one simple request. and that is to have sharks with frickin' laser beams attached to their heads!
he use to make a living making dragon dens too in canada
a tank made out of a sharks seems pretty useless but hey, at least he made a living.
hahaahhaa, yeah they kept hitting the walls of the tanks so it was not very lucrative system.
and the occasional dragon's den.
i have really underestimated the market for shark tanks, clearly the demand is huge.
made out of transparent aluminum.
there flippers are not really arms either so they looks weird in the tanks. still money tho
yeah, i think he was on that show tanked.
i just came for this whole thread. amazing
alternate headline: man who invested 3% of net worth into bitcoin says things in attempt to increase bitcoin's value.
how much is his 3% portfolio?
alternative title: man invested in volatile asset intends to ignore volatility
> he also believes that more institutions will come on board once the esg issues of bitcoin mining are resolved. who are the naive people that think bitcoin's esg issues will be resolved? they cannot be solved. bitcoin is anti-efficient by design and that is what makes it secure.
how are the energy concerns going to be resolved?
institutions missing profits over environmental concerns? i fucking doubt it. maybe some, but why aren’t any oil companies etc buying in? it’s cause of the risk, not the environment concern.
imagine believing greedy people are remotely concerned about the environment!
he bought in 2017 i thought. not recently?
i've got crypto and i say negative things about it fairly often 😂
i don’t get why anyone cares what these guys have to say. they have been in the crypto space for a shorter amount of time than most people in this subreddit
someone who wants to accumulate more...
these dudes are also playing around with this market like it’s a game. they don’t care either way, because they have millions elsewhere. where people like us want to change the way we look at currency forever.
kevin o'leary says "pump eet" :)
i speak negative about every meme stock i profit off of and can admit they are pieces of shit . i also talk negative about doge and tell everyone new not to touch it but i always have a bunch i sit on until i can make a 1000 . i know i’ll eventually bag hold it to zero
idiots who want to buy more at lower prices or losers who want to spread fud
safemoon be like: hold my bear
that’s what i keep saying
someone who actually believes in it and wants to buy more
i'd do. it's called rational thinking and honesty. if you're invested in something and do not talk about it is negative aspects how are those things supposed to get solved so your investment keeps growing and becoming even more sound? there's a huge difference between pointing out shortcomings and bashing something. and such thinking and acting it is the perfect match for anyone wanting to change something for the better. i cannot stand people who cannot think beyond their next meal or simply do not talk about negative things because they are to lazy for the thiscussion. hypocrites and morons, every single one of them.
join any altcoin telegram group and you will find lots of people who fud their own investements... it is ridiculous
that's how you lose money
if you do not recognize the negatives you are too emotionally invested. it's ok to admit flaws
someone who is not afraid to lose his bitcoin "investment". this guy has so much money that bitcoin is a gamble to him. that's why he does not care. i'm surprised nobody else is saying this.
wait wait let me counter...what if he puts 3% of his portfolio into bitcoin as a defi loan at 8% interest to be paid back in three years, plus he gets 5% equity in your heavy 420 nugs just because he’s mr. wonderful?
how about i loan you 10btc and you add a royalty of 0.1btc for every btc sold until you pay me back, and i get 5% equity.
i liked the joke and thought it was obvious. but i'm not shocked people here are more likely to get offended than catch an obvious joke.
you're dead to me.
i get your joke bro lol
people can change their minds. they become educated and realize they are wrong. it's actually a good thing. not sure why we shit on it.
he's a cockroach in the crypto world
i trashed crypto until i finally actually did some research and learned how wrong i was. a lot of people tend to trash things they don’t understand.
i can’t tell if he had an actual moment of clarity recently or if he’s playing some political bullshit, but his stance on a lot of shit has shifted recently for the better. i really do hope it’s the former, but he always came across as a snake.
he lied about driving his boat drunk and passed the buck to his wife.
lol. "for that reason, i'm out"
you gotta do it there way!
that's generally how it goes. first you do not understand it, then realise you can make a fuckton of money without upstanding it while hyping it at every opportunity.
surely you're not opposed to education. have you ever changed your mind after learning something? still, he could obviously use more education.
"it's a nothing burger" edit : not even 6mos ago :
imagine the irony if he wouldn't
18% of btc has not moved in 7 years. its not the whales making all this dip it is institutions creating fud so their cronies can get in cheap. for example the crackdowns on chinese miners was way overblown by western media. they were limiting coal powered mining rigs from inner mongolia who were taking advantage of state sponsored cheap power and that was it. western media (turner & friends) made it sound like they pulled the plug.
he was shitting on bitcoin because he was buying bitcoin. if he is praising it, he is accumulated enough and ready to sell it.
since december the grifters have been piling in.
so people cant change their opinions?
people can change their mind, it is fine. but o'leary overall is piece of shit human being who will do anything to make a buck. he does not know shit about crypto, this is just another case of him saying whatever he thinks will make him money.
i'm curious how people think bitcoin ascended to levels that did this year without people like him? bitcoin survived, but it did not reach 65k without these whales.
and for that reason, i’m out.
i definitely agree. fuck elon especially. but i think we can use them to our advantage to some extent. we will never be able to fully take advantage without knowing their every move, but looking to companies like microstrategy or greyscale can be good indicators of what we should be doing too. if they are still dumping hundreds of millions into crypto during this dip (and they are) i think that speaks volumes about what the sentiment is among whales currently, and they still seem to be quite bullish.
then they find ethereum.
you think kevin o’leary’s opinion can dump the price of bitcoin lol? if that’s true than i’d be worried about owning bitcoin.
don't forget the part where he dumps all his btc while saying "hodl 4eva"
if the influence of one rich man changes the value of an asset then it’s not an asset worth having. if you really think kevin o’leary’s likely ~10 mil changed the price of btc i have no clue why you’re holding any or following it.
isn't most of jeopardy just simple trivia? i do not think your pop culture and trivia skills really equates to intelligence that much. could be wrong though i'm not an avid fan.
you do understand that if these “worst performing etf’s decide to blow up one day he will be richer than anyone who has invested now in the current best performing etf’s. he has diversified his portfolio and understands that he needs to make riskier
he is a con-man and a moron. his endorsement is bad for bitcoin.
his book was meant to make him look like a shrewd business man but i came out of it thinking he was more of a successful con artist.
at least he is here now. thats good for bitcoin right?
[for anyone else out of the loop like me.](
the boat they hit had all their lights turned off at 11:30pm. is it really their fault?
was looking for this comment
anything perceived as good is good. anything perceived as bad is also good.
billionaires and institutions already took on cryptocurrency, they saw the potential on it and they invested in the last years... unfortunately if the market crash crypto will be temporarily affected as institutions and big players will need to cash out to cover they portfolios... they market is never about small players... the best thing if stock market and crypto crash is that the recovery will be much quicker and profitable in crypto due to the lack of trust on us stock market from investors... american economy is designed to fail time to time... investing into crypto should make people look around and see where does crypto fit the whole picture... and crypto is the money source for big players and institutions... and if they fail , crypto fail... 1.1t does go out of crypto market because we all decided to take some profits... also crypto is getting more and more attention from ‘new’ investors... i’m no one ☝🏼 and this is just my opinion but crypto will be a better deal as soon as it will be held majority by people and not by the 1%... just saying...
why that bothers you? you prefer it to stay obscure for random hipsters or are we actually looking for adoption? wich would include billionaires...
tried talking about this in another thread. downvoted to hell. it's gonna be a legacy system.
bitcoin's main value does not come from the tech. compared to bitcoin almost all altcoins seems more like a startup company shares than money.
i doubt it. bitcoin is the only true and tested crypto, as people age they just get comfortable with brands and institutions they know. the next in line would be eth but that was hacked and had to be forked.
nano is the solution
there is something. and its called iota. solves all of bitcoins problems and then some. will also take out ethereum as well with its smart contracts and nfts all being free.
still waiting on the protocol that replaces tcp. any day now...
i think we all can
marketing is big. as far as most people are concerned, bitcoin is the only crypto that exists. people use bitcoin to describe crypto like people used nintendo to describe game consoles bitcoin may be dethroned eventually. but for the time being it is staying, even if it is purely out of reputation
still way up tho.
i think people holding bitcoin are like people refusing to use cars and keeping their horses.
haha all these boomers getting into bitcoin when it is time is already over. the scene has moved on and holding onto bitcoin will only serve to hinder the adoption of crypto. bitcoin has no value because it is use case was originally to function as money but it cannot do that anymore. it's biggest flaw was lack of scaling, second biggest lack of centralization resistance and thirdly who wants to use a completely visible blockchain for their purchases? we do not broadcast our bank account balances to the world, do we?
bitcoin is the og even if eth surpassed it, it would still have value for collectors
obsolete tech? tha fuck are you on about? you shitcoin shills are getting worse by the day. why is gold bigger than any company on the planet? huh? is it because how high-tech gold is? its the most secured network and supercomputer humanity has ever created
how about a faster chain, that is not only lower fees but free, decentralised, and can build everything ethereum has on its network? iota incoming...
i don’t typically listen to guys that would wear a jacket like that outside of doing some miami vice cosplay
i might take this further: i do believe that some form of crypto is the future. i do *not* believe that something *decentralized* is until there is a one-world government back legal tender. and at *that* point, it does not matter at all if it is centralized or not. as it is right now, it is increasingly threatening governments' abilities to devalue their own currency in extreme cases. this is unsupportable, and any argument to the contrary is simply "rah rah go team" anarchy driven nonsense in thisguise.
but i can think of a few coins that should replace bitcoin, bitcoin is way behind in technology than other coins
boomers take time to accept and understand new things. he is a boomer clearly
he went from shitting on btc to shilling it.
i can think of a few coins that should replace bitcoin from its place. it lacks in utility
many bitcoiners are listening to none of this blabbering actually. what for?
more social policies and vaccine passports are pretty common sense lol... now i do not know his position on government he just seems like a grifter for the right
how about fuck both of them?
replace? no. complement? might. still if monero would become mainstream, govs would probably decouple it with fiat.
suppressing the price so he could accumulate cheaply and then dump it on us sheep.
dude like killed people, or close to it, when he collided with them while in his boat in canada.
lmfao is that why he stopped doing videos on his boat?
this sub is commanded by shitcoin owners, just so you know.
jesus christ, settle down.
the real problem was keeping all the water in the tank.
that's a hell of a tank salesman. i'm convinced...buying sharkcoin
that’s it, i’m convinced! i’m buying sharktank! i mean bitshark. i mean sharkcoin! yeah that’s the one…
mark my words they are coming for us and then you’ll stop celebrating him. we will all be living in the united states of the atlantic before you know it
so did he create some training division specifically for it?
no stupid...sharks don’t pilot tanks, they drive them.
dude i thought the tanks shot out sharks. i was way off.
cue the jaws theme song.
man never thought about an actual shark tank! thanks for the laugh!
……most sharks? i’m not even safe on the battlefield from sharks? just kill me now.
they're shark-shaped tanks. and they are for dogs. people make this mistake all the time.
how to make the world's deadliest predator in the ocean the world's deadliest predator on land also.
took me a moment. then another. because i am slow. then i finally snorted all over my screen. you owe me wipes.
he probably put a tank in the shark tank, so the shark didn’t feel rank in the shark tank
when he goes boating, he becomes the shark. ["i am the shark captain now"](
both your comments have brought me much joy today
plus 2% advisory shares. in perpetuity.
maybe he will move bitcoin manufacturing to china... oh wait
don't blame him, blame the government for not implementing regulation and taxation on foreign production outsourcing.
him and his wife also killed a woman with their fancy boat while drunk, and then proceeded to sue said woman’s family when they pushed for justice.
but that is the sad fact to the race to the bottom. if someone else is producing the same thing for 40% less, how can you compete? the "made in america" sticker does not fetch a 40% premium. don't blame the businesses, blame the consumers who insist on buying the lowest price and nothing else matters.
ruined fucking reader rabbit
if it helps jump the price, i am fine.
in other words: man puts 3% money where mouth is
same guy who hung out with dan bilzerian once and was amazed by his “mansion”.
how do you want this to play out? "i believe bitcoin is the best thing to invest in but i would not or else everybody thinks i am a shill." what happened to "put your money where your mouth is." ? now it is "do not put your money where your mouth is or you're a shill."
another alternate headline: man who made a lot of money investing his whole life has decided not to buy high and sell low, this time.
you could say that about anyone that speaks publicly about bitcoin though.
it's funny, bc i seem to remember him being very vocal against btc a little while ago. i once did not understand it, so i cannot blame him.
probably 10+ million dollars
you realise you talking to a bot, right
at least a couple of dollars
[estimated net worth: .]( so 3% is like .
i have not heard anything resembling a solution.
sad how true this is.
he had to have gained a lot for saying that. now he is losing money on his btc buys.
he was never invested in any level he cares about. it was all marketing for him. marketing costs millions these days.
he was not invested anymore just before he said those things. and he was reinvested after. that's called market manipulation
that hit my right in the musk sack
not everyone is as stupid as elon, though.
well he is a moron...
tesla stock price too high imo
he is the master pumper
not just elon, there are many people who tried to pump and dump the coin they are invested in for the profit
smh that guy. i wish he would stick to cars and rockets. is he bored with life? why the need to enter crypto space wtf. gtfo elon
hmm it would be funny to watch poor people lose wealth.
that was after tesla sold
me too 🙃but that’s because you could see this crash coming from a mile away. someone has to be the voice of reason haha
why? because some people don’t care what has to say about crypto and want the opinions of successful businessmen and entrepreneurs.
hey, whatever keeps the panic sellers strong, right?
because people want to be rich and successful, and they will listen to what guys like elon say in hopes that their good fortune will somehow rub off on them.
agreed. this guy is a total turd who shit on crypto until he got in on it.
i don’t get it either. just all for the media because it’s what’s cool and they want to relevancy or getting paid for it is what i think of it. i wish nobody would pay attention to these things guy that’ll never happen someone’s always interested in what the “celebs” opinion is because they rule social media and social media rules the world. also like these cash grab boxing matches with youtubers is just such a joke. i know this is completely off topic to crypto but this is kinda relevant to what you’ve said and i just feel like saying this even though you may not care or agree. boxing is becoming such a joke it’s sad. i wish nobody would pay attention to these youtube “boxers” but that’ll never happen because like i said social media rules the world.
confirmation bias by any little known name among the people
seriously. why did the market react so violently to elon? fuck him. he has no experience with crypto we should not care about his flip flopping ass lol
but they own a lot more hahaha
except there is real reason to think that o'leary is trying to manipulate bitcoin. in fact i've never seen anything from him that would indicate manipulation even in the stock market.
not sure where you live but in the us you do not really own property. the government can pull eminent domain and relieve you of it or raise your taxes. home ownership is an illusion as well.
with a 10% royalty.
don’t forget he gets
it was more so a light hearted shark tank joke. i don’t think his opinion on crypto matters much really.
a dog that needs to be taken out back and shot
it was mostly a shark tank joke
it was mostly a light hearted shark tank joke
very ironic. how could he lose?
so basically, we're moving on from usd because financial institutions hold the power there to btc because... it is the exact same thing?
schiff must be loaded to the tits
that means we are early, buffett and bill gates are still accumulating! lfg
i know their play, it’s dull that people listen to anyone regarding crypto. guess people can’t handle thinking for themselves
very goldman sachs playbook right there
sell it? no it is a hedge against inflation in forex market
true. got into a couple of his stock picks and the same shit happened, got dumped or stablized.
it’s funny, people don’t understand the answer to “why do we care what these assholes have to say” is “because we care about the price of the coin.” acting like they have nothing to do with each other doesn’t make you smart or cool. it’s good to have people who have pull say positive things about your investments. bad for them to say bad things. good headlines are good. bad are bad. idk how else to spell this out, but it’s funny how many people try to counter these basic facts.
one rich man can and does influence the value of bitcoin and the entire crypto market: elon. still an asset worth having though
that just moves the intelligence test to "being good at trivia" to "appearing on a nationally televised trivia gameshow when you're not good at a trivia and your career relies on cultivating a public image of being smart and worth listening to"
>i do not think your pop culture and trivia skills really equates to intelligence that much. you are 100% right about that, but i think pop culture knowledge if a good indicator that you understand the culture you are living in (or i guess what is giving value to cryptocurrency). but let us be honest, he probably has a lot of employee smarter than me or himself who told him to buy and hold. i still think he is just a public persona and not worth our time even if its just for confirmation bias.
why would it be different than any other etfs? he actually take very low risk with his etfs and has been outperformed every years by every us index. i do not think he own anything highly speculative in any of his etfs. his etfs seem to be remnant from the dot com bubble.
that's not murder, that is an accident
shhh... that does not fit their narrative
when you're driving (boating) drunk without a license, yeah it is your fault
it is if they were plastered at the time.
you are correct. that is why we still drive horses and light our houses with candles.
[bitcoin has been hacked, forked and rolled back as a consequence.](
>the next in line would be eth but that was hacked and had to be forked. you're right, if a crypto gets hacked and has to fork it must be a shitcoin:
eth was never hacked. a dao was hacked because the devs made a flawed smart contract. the chain was still in perfect working order.
bitcoin was used as actual currency for darkweb transactions. that's the reason it had value and attracted the speculator. bitcoin is now being dropped as a useful currency due to ridiculous tx charges and times. darkwebs are moving towards ltc, eth and others.
the one that did not have a functioning network for 3 months?
bitcoin's time is far from over. it's tech is the reason the rest of the cryptos were even taken seriously. if btc was dead, this entire space would be pushed to oblivion. the fact that it is almost half the market should tell you this. i am not championing bitcoin to the ends of the earth, but i'm not stupid either.
do you have any idea how old boomers are? practically none of them are getting into bitcoin.
exactly that! and they come and throw words they don’t even understand. “bitcoin is the most powerful supercomputer in the history of humanity” - yeah and all it’s doing is decrypting increasingly cumbersome equations for the past 13 years xd.
yes. a mint 8-bit nintendo system actually costs the same as a nintendo switch today, due to recognizability and scarcity. and when we're talking about currency, those are major factors.
you calling me a shitcoin shill, without having shilled anything, pretty much cements your position and knowledge of the crypto space. yes the bitcoin blockchain is obsolete. it will never scale enough to be used on a daily basis for normal transactions and the lightning network isn’t going to help too much. the current speed is only 7 transactions . in comparison to solana’s 60,000 transactions- wouldn’t you call this obsolete? bitcoin has no smart contracts and does not support any applications on top of it’s chain. compared to eth, dot, algo, icp - wouldn’t you consider this obsolete? the value of bitcoin is purely perceived value with little usability, and that’s a fact whether you bitcoin maximalist like it or not. as i said in my previous comment, i’m not against bitcoin, i even hold some. but you’re being delusional if you believe that bitcoin can ever be used for small daily transactions.
not sure about "supercomputer", that is more ethereum's thing.
thanks for the shill.
why are you even involved in crypto currency if you believe in even more government?
can't argue with that logic
and not cleaning it...
it’s just napkin math, but a one-inch thick sheet of transparent aluminum, measuring sixty feet by ten feet. should be capable of withstanding the pressure of 18,000 cubic feet of water in the cargo hold of your standard bird of prey.
there's this guy named vector who knows how to solve this problem :)
can you trade sharkcoin in coinbase?
the funny thing is 'sharkcoin' might actually become a real thing.
at least most signs and stuff can stay the same, even though underwater.
love the username there fellow tooth wizard
do they use proprietary fin steering?
for real, i’m just here for the conversations about fish using modern weaponry.
i blame both. but the american voters do not want to fix it either considering the most recent election, so i blame them too
the one who tried was a “white supremacist”, i guess is too late, corporate america is owned by china.
video evidence shows the boat they ran into pulling out onto the lake without navigation lights, rendering it basically invisible on the water(boats do not have headlights). they went out on the water to star gaze, which lends credibility to the lights not being turned on as well. it is thisputed if they later turned the lights on prior to the collision. i feel like it is valuable to know this part of the story as well.
it’s not even necessarily the price, but even quality. american made doesn’t mean what it used too, as well as technology has advanced to where even lower tiered shops can still make acceptable quality. machinery has caught up quite a bit.
- *"elon musk is the worst thing in the crypto sphere, nobody should be able to manipulate prices just to fuck with people, crypto needs to be stable to have a future"* also - "*haha yes please inflate the crypto bubble to unsustainable levels mr multimillionaire*"
yeah, i mean, is he doing anything wrong?
at least it does not talk bad behind your back.
or he said negative things to manipulate for his own benefits.
tesla has billions in btc
i’m so confused. this is in response to someone saying elon criticizes something he’s invested in yes? so the person who unwaveringly promotes their investment because it’s in their financial interest is ok and good but fuck the person who is transparent about their misgivings? remind me how this isn’t a cult again?
fuck elon. just another capitalist who cares more about money than life.
he does good ta tho
i'm bless that success came from crypto specifically, i'm not terribly interested. let me know when satoshi shows up to talk about his 2022 crypto picks.
i personally would love to hear more from hodlboi6969lambo. sounds like a winner.
this is not adoption. people buying to speculate on the price is not adoption.
dont you worry about x , let me worry about x
who cares, 95% of people in this sub were shitting on bitcoin before they got into it. that's simply how innovative adoption curves go
> i wish nobody would pay ~~attention to~~ these youtubers i’ll be pirating every show, sporting event and movie i watch until the day i die.
"relieve you of it" yah, but 98% of the time this does not happen. so there is that.
he doesn’t want equity, too much risk. just a loan and then he’ll take that 10% in perpetuity.
even as not a joke, i think it is true not to respect his crypto opinion. he did shit on it for years during the bear market and props it up because it is popular now. it's not some oh he changed his mind, he did his research and lectured on the topic in the past just to only now see the light now when it is more popular.
in a 1000 ways, including ?
i'm in it for the supreme effect. there are <19m left (accounting for lost keys).
schiff is greedy he wants in at zero.
he’s sounds loaded in every interview i’ve ever heard, if you catch my drift.
they need confirmation for their insecurities
dyor is a hell of a drug for those who cannot detect a red herring.
a market that is driven by speculation and possible to be manipulated by money is gonna invite billionaires and their media buddies to jump in and have some fun- but on-chain analysis do not lie.
then they find luna
pop culture knowledge means literally nothing.
duh, and it is what the courts ruled too, but edgelords like .
lol what are you talking about, fees 4 years ago were worse than they are now, and the amount of use bitcoin has in “darkwebs” is nothing and has meant nothing for literally years now, if you honestly think darkweb transactions are the holy grail of crypto adoption and use you are crazy
stop clutching straws from the past. the foundation has matured alot since then.
it's almost half of the market, but who actually uses it? no-one. this alone should tell you that it has warped from what it was intended to be (a currency) to a speculation; a fiat money making vehicle. unless somehow the development of btc takes drastic turns to the opposite direction it has been going, which i do not see happening, it will die. yeah, it wont die overnight and it probably will hit another ath in the next couple of years but i do not see a future for it. ' exchanges are still majorly based on btc. it's the number one. but i think several cryptos already stand on their own fairly well. i'm again shilling monero, but what can i do? monero already replaced bitcoin in darknet drug markets. as far as i see, that was the biggest actual real world use case of bitcoin, other than some rare meme pizza purchases i guess. the issues btc has (huge fees, long transfer times, risk of centralization and lack of privacy) are only going to grow larger.
no and that is a fair point. i recognise and respect bitcoin as being the pioneer which enabled all the altcoins to be in the first place. i also expect it to keep the crypto lead of for the next several years. but when i do project, 40,50 maybe even 100 years in the future i cannot help but recognize the need for a quicker, cheaper and more scalable alternative, once crypto replaces fiats as a means of purchase and going about your daily shopping.
something to consider though, is that if bitcoin is the 'gold' of crypto, well, gold does not get exchanged as often as lesser value items. so might it be so that even if for collection sake it will retain much value and just not become the primary means of exchange?
i call you a shitcoin shill because you literally unironically said the btc technology is obsolete when its literally the most secured network and decentralized supercomputer humanity has ever come up with. "yes the bitcoin blockchain is obsolete. it will never scale enough to be used on a daily basis for normal transactions and the lightning network isn’t going to help too much." first of you all you are wrong, second of all you dont understand the purpose of btc, its not to buy a daily cup of coffee. its to store value, wich is the most valuable usecase in humanity. "the current speed is only 7 transactions . in comparison to solana’s 60,000 transactions- wouldn’t you call this obsolete?" nobody cares. btc is not about speed of transaction its about trustless and secured store of value unlike anything we've had before. "bitcoin has no smart contracts and does not support any applications on top of it’s chain. compared to eth, dot, algo, icp - wouldn’t you consider this obsolete?" you are wrong again, i told you you talk out of your ass, ever heard of stacks? "the value of bitcoin is purely perceived value with little usability, and that’s a fact whether you bitcoin maximalist like it or not." you have no idea the importance of storing humanities wealth, you think a shitty usecase is gonna be more important without realizing that gold, that is even slower than btc, is bigger than amazon, google, apple, and microsoft combined, let me repeat that, all of those combined. retail think its all about usecase while the smart money is scooping all the btc, hillarious. "as i said in my previous comment, i’m not against bitcoin, i even hold some. but you’re being delusional if you believe that bitcoin can ever be used for small daily transactions." its funny that you own btc when you clearly know nothing about it, typical moonboy who just buys things he doesnt understand. ' so, yes, you are utterly wrong.
lightning can support millions of tps and is being used to help failing economies around the world now. this is not even current news, i've been running my lightning node for over 2 years. bitcoin does support smart contracts, and further improvements in this area of being released now with taproot. also side chains exist to add defi without congesting layer 1. do some research seriously, the state of this sub is pure ignorance, how the fuck can an uneducated post like this get so many upvotes.
context is key there bud. that's a total false equivalence on your part, so you're saying our nation wouldn't benefit from public option health insurance in the least or investment in the future of infrastructure. you're being dense, the whole any government is bad is just a stupid take.
so the god giveth, and no one tooketh?
the real pressing issue here is whether the shark tanks can get fricken lasers mounted on top.
that would be, 316 stainless steel
the coins gonna tank?!?!
this fight was held in the mid to late 90s. look up the battle of seattle. the people who fought against jobs going overseas and global capitalism were the dirty leftists, antifa, any remaining hippies and the dying unions. they got brutalized by police and many lost their livelihoods. trump was not the working mans hero… he is a fucking grifter (and maybe also white supremacist).
trump was a white supremacist who did some good things like your example as well as requiring more transparency for medical billing. so while he did some good things which i give him credit for ( even though most wouldn't dare give him credit for anything good), he had a lot of other faults which is why people did not like him and he did not get voted in a 2nd time.
yeah if the lights were off then i'd say that it is definitely not the fault of the boat that ran into them
it's not a mlm it is a reverse funnel system
from this it is really not. he's basically doing what i do, hell what anyone who brought bitcoin or any investment is doing. "i invested it this thing because i believe it will be valuable long term."
this is no different from elon so if your opinion is that what elon is doing is bad, than what kevin is doing is bad too. it’s still market manipulation even if he’s trying to get it to go up.
morally? yes. legally? also probably yes but nobody is enforcing it so who gives af.
might get smart enough to drop you those figures. in a few years tho ;)
lol i did not know either
his net worth is mostly portfolio.
portfolio is like 95% of networth, especially with high networth individuals.
he literally said his own stock is overvalued. he just doesn’t care and says whatever is crossing his mind at the moment. its as simple as that
or he got into trouble for buying bitcoin, a high risk asset, when a lot of tesla's revenue comes from government subsidies.
do they still? i'm not sure about the thisclosiour required but recent messages made me think they sold of more than they said they did.
> but fuck the person who is transparent about their misgivings? oh my sweet summer child. you think that is what elon's doing? being transparent? he's manipulating prices to buyback at a better position and will probably announce a tesla miner at some point and call himself the savior of bitcoin.
it's thisingenuous criticism because just weeks ago he was in support of the argument that bitcoin incentivizes cleaner energy production. it's also thisingenuous because tsla decided to stop accepting btc transactions (which use essentially no energy) and continue holding bitcoin on their balance sheet (which supports price and hashrate). as an indirect tsla shareholder, fuck elon for buying 1.5b of something he apparently did not understand, and then shitting all over it while it still sits on tsla's balance sheet, and for acting in the exact opposite way he should have to either mitigate his energy concerns or drive an increase in value for tsla shareholders. fuck him.
most of my large portfolio allocation decisions are based on his dd meme work
i mean, r. sometimes people with odd names have insightful things to say.
i feel like he has to be from jacksonville
when people buy gold because they believe it will be worth more usd over time... this is not adoption to you?
x gonna give it to yuh.
the “fortnite” streams on youtube on the dates of fights will never fail me
as long as he doesn’t have to watch barbara murdering her money.
calm down there fella. fees are higher now due to less tx farming. i'm not a crypto loon like everyone in here. i used the currency since its inception, i do not need you to tell me anything about fees. a new coin is launched everyday, nothing has matched bitcoin because btc was used as a currency, not a hyped up scam like 99% of coins. you guys are all drunk off of hodling you forgot what it is you are 'investing in'.
>lol what are you talking about, fees 4 years ago were worse than they are now this is a very creative use of either the words "4 years ago" or "now"
does iota even have a wallet that you do not have to compile yourself? like what iota wallet do you use on your phone? what node software do you run on your laptop?
it is literally becoming a money "replacing" asset. it is not going to die. with tons of institution, and potentially international adoption, it will become a reserve asset. it may not initially have been the plan for it, but things change. if it makes it to 1 million, it is going to be around for a while and will continue to move the market.
your argument falls apart the moment you consider the transactional applications of bitcoin. a global economy cannot survive on storing wealth alone. money needs to move, and bitcoin is bad at doing that quickly and efficiently. why do you not want to accept that fact and go all extra? maybe i need to use simpler words for you - bitcoin good for storing wealth, bad for transacting. economies need transactions. bitcoin bad, find solutions.
> its to store value, wich is the most valuable usecase in humanity. that's the crux, btc has no mechanism to store value. because it is the first? that makes it interesting for a niche of collectors, that is not a store of value for a broad public. because it is scarce? so is safemoon, my paintings, or all kinds of commodities. other than that? faith?
> first of you all you are wrong, second of all you dont understand the purpose of btc, its not to buy a daily cup of coffee. its to store value, wich is the most valuable usecase in humanity. this is where you go wrong already. see bitcoin whitepaper, it speaks of a p2p cash system. in its current form it is failing drastically at that and every progress is blocked by the core devs. there was an upgrade of bitcoin once. it solved the scalability issues by introducing a larger block size. instead of embracing it, some people chose to go all out on a smear campaign and other divisive tactics to make roger ver look bad and riling up the community against him, causing the upgrade to go by the name bitcoin cash. this incident is what laid the foundation for the toxic, divisive, conservatist, and unwelcoming shitshow of a community that bitcoin now is. bch is more true to the bitcoin whitepaper than this outdated, stagnant, and centralized piece of crap that somehow is still allowed to bear the name bitcoin. in a different timeline where the community had actually welcomed innovation, bitcoin would now be a proof of stake smart contract platform, instead it is being surpassed left and right and rapidly becoming obsolete.
bitcoin a peer to peer store of value... no thanks
downvote (because it doesnt pump your centralized shitcoin bags) but no thiscussion. .
sharks with frickin’ laser beams on their frickin’ heads!
your joke went right over everyone’s heads. lol
the actual issue is that the tank will get sucked into a tornado and then we have tanknado with sharks!
the only steel worth buying, but at these prices?!?
not if you stake it for floatcoin in exchange, the governance token
hold on to your dear life or you sink.
putting a . now we need nerds. lots of nerds. purple ones
to further complicate it, o'leary's wife admitted to drinking that night, and had alcohol on her breath when the police arrived. she blew under the legal limit, and claimed she had a drink after the accident. some theories say o'leary was drunk and driving, and his wife took the blame. pretty messed up all the way around. boating at night is no joke, i learned that as a little kid.
now **i'm** the mastermind in the coil!
but we all know bitcoin is done for, sell that shit and buy doge and enjoy mars with us.
except this is not believing it will be valuable, this is "i have no idea if it will be valuable but i'm going to use my gross amount of influence to force it to be"
how is it morally wrong? i believe in crypto, so i back it. if people ask me about it i tell them it is the future. i'm invested in it because i want it to be successful, and i also have no plans to sell. is that immoral?
remember: manipulation is only bad when it’s something i don’t like.
this has no realtion to morality. it's a neutral statement. when asked what you think of one of your investments, are you going to decline to answer on moral grounds? i do not think that is likely. instead you will probably answer with why you invested and how you think the future of the product is going to progress. kevin did the same thing. he is not morally wrong to stand behind his position. nor is he legally on the hook for answering a question about how he has decided to invest. if that was the case every joe blow on this subreddit would be under investigation by the sec.
so... you have around ???
he owns way more than what's in his portfolio. he has assets, deals with advertisers, tv, he is written books, all of which are the basis of his "net worth" number, which is incredibly unreliable by itself because he owns a lot of shares in private companies, some of which started on shark tank. if his estimated net worth is % of that is allocated into bitcoin.
imagine the people that were holding weekly calls smh
and for "some reason" he then gets investigated for market manipulation after that claim. hmmm, it is like there is something going on here.
he's the donald trump of the tech world.
it’s because he has aspergers. can’t lie for shit.
elon did say he has asperger's. explains alot to me.
he said it then bought more after the drop. seems intentional.
i'm tired of people thinking elon is anything more than an idiot who stumbled into wealth by using wealth he already had to make something that turned out to be trendy
something inside that mans brain doesnt work like average people... hes something special... he might be super intelligent and super wealthy and successful but that man has severe social issues
if him saying whatever crosses his mind can tank a currency then honestly it’s in his best interest to change that. he’s not an idiot.
can't you track bitcoin coming out of teslas adress?
yes this is public knowledge. tesla has not sold any of its bitcoins. they just stopped accepting payments in bitcoins.
just going off stories i've read from employees. and his behavior during the beginning of the pandemic.
ahh a fellow follower of the science of memetics.
hodlboi6969lambo is florida man?
gold has lasted thousands of years, spanned countless empires, survived technological advances, great depressions etc etc comparing the two is silly.
and for those reasons i'm out
you literally just tried to imply bitcoin is only valuable because of the dark web. and implied litecoin is going to take over, lol
yeah there is a new wallet called firefly. a mobile wallet is coming as well. i'm not here to argue mate, just that it seems to have solved all of blockchains problems as they do not do blockchain but instead a d.a.g called the tangle. i mean, who wants to pay fees when you can do it all for free?
see, that is what i just do not understand. shouldn't an asset have an use? if you buy a stock of a company, you are in practice giving the company a loan. if you buy gold, you're getting a physical item that has value for use as jewelry and in tech industry, and it is scarce. if you buy a house... well it is a house. but if you buy btc, all you really get is a scarce digital *something,* that used to be a currency but now is just, what? it's not replacing money because it is not and will not be used as money.
"your argument falls apart the moment you consider the transactional applications of bitcoin." its not made for transactions just like gold isnt made to buy milk. " a global economy cannot survive on storing wealth alone. " that was never ever my claim, its gonna be the gold standard for digital currencies, and just like gold, doesnt have to move an inch. "money needs to move, and bitcoin is bad at doing that quickly and efficiently." bitcoin is money like gold is money, and gold is bad and innefficient at doing transactions. you need to grasp the fact that security > speed. in terms of speed visa speed is way more then enough with a massive volume of transactions that solana has never seen a fraction of. "why do you not want to accept that fact and go all extra?" because bitcoin is more like gold than it is money, why cant you grasp that? "maybe i need to use simpler words for you - bitcoin good for storing wealth, bad for transacting. economies need transactions. bitcoin bad, find solutions." maybe i need to break it down for you simple, there is nothing more valuable than sotring wealth, no transaction speed, no medicine, no internet, absolutly nothing, if we dont have ways to store value and human time, everything falls appart. do you rather own usd or gold? because usd is much much faster than gold could ever hope to be in terms of transactions, yet, only someone stupid would take or invest their money and time into usd instead of gold.
lol its almost like bitcoin didnt solve the scaling debate in 2017. simpler words for you, bitcoin is the best cryptocurrency for anything - storing value and for transaction speed and cost, and it does this on the most secure and decentralized network. application layers (there are already many) are being used for dapp, nfts and other non-essential features (compared with providing the world with financial freedom everything is silly pointless shit).
it is the most secure decentralised database that exists. you *have* to understand the value of a decentralised database if you are investing in crypto, otherwise, why invest. once you understand decentralised databases are valuable, you can go one step further. security of that database matters. which is most secure? the one that is most difficult to interrupt or attack. that's bitcoin. now, that last part is contentious and you can thispute whether it really is the most difficult to attack, but it is generally accepted as fact. edit: downvoted for what lol. at least try to respond to the points please!
innovation is understanding that a product is better for another purpose if thats the case, not fucking tunnel vision a fucking whitepaper lol.
best we can do is some sea bass.
are you the actual tony hawk or his skateboard?
nothing goes over my head... i’m too fast, i would catch it.
there are too many motherfucking sharks, in this motherfuckin tank
got to love those gray situations with no clear bad guy. lol
if a person has the power to make something valuable and decides to do it, how can you claim they don’t know it will be?
i... what? we're talking about market manipulation...
my issue is more-so with the morality of flip flopping his position on btc after being incredibly publicly bearish on it. but now since he owns it, ooo suddenly it is a good buy for millions of other people. also you make it sound like he is not actively trying to promote bitcoin and be very pronouncedly bullish on it but the dude spoke at the bitcoin 2021 conference. make no mistake, he is not simply "backing his investment" he is trying to round up support and influence the market. morality is relative, it is not like he is actively toying with the markets like elon but it is not like he is not trying to. the only difference between him and the 10,000 joe blows on twitter and reddit are the following size. again, morality is relative, take that as you will.
it includes assets and liabilities. your debts lower your net worth, so i’m guessing all his properties and such are a negative to his worth and that number is heavily based on his portfolio. regardless, everything is estimates anyways.
imagine the people that were holding weekly puts
i mean, getting weeklies is incredibly risky. don’t really feel that bad for them.
musk made [the tweet in may 2020]( but the [links you posted here]( (elsewhere in this same reddit thiscussion) about musk buying more tsla shares last year was for a purchase made in feb 2020. that's months before the tweet. the other connections you tried to make between musk's stock options and his tweets also does not hold up. stock option compensations are better when the stock price is higher, not when lower. that's how stock options used for compensation work. your theory is not checking out at all. musk needed to have purchased more tlsa stock within weeks, or at most 2 months, after that tweet for your theory to have any truth to it.
how is devaluing ones net worth?o.o
you do know tsla has never done any share buybacks before right? lmao.
at least elon has an output and runs successfully his companies.
any evidence that he bought more? no one else has been able to show that he bought after causing a dip.
unpopular opinion but the normal hive mind says "195 billion man genius!!!"
i'm sure it is possible, however i can not :p
they have sold some. around 10 to 20 percent if i remember correctly
horses and wooden ships were used for thousands of years... comparing them to automobiles and steel ships is silly. your argument is faulty.
lol if that is what you got from my comment you need reading comprehension lessons...
show me fees are lower now. fuckin idiot lol. keep talking out your arse mate i'm sure your holdings will go up...
i like my network to have professional nodes, not amateur nodes. amateur nodes are unreliable. they quiet and never come back or are slow because they have no incentive to be anything else.
for how little you understand about the purpose of the technology, it is pretty embarrassing how arrogant you are. taken straight out of the introduction of the white paper for bitcoin: "what is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party." the second section in the paper is titled "transactions" ffs. a trustless transaction system is literally the entire purpose and value of bitcoin. you keep talking about the value of gold as if that somehow justifies the inevitable value and use of bitcoin. there is a reason why almost all first world nations switched off the gold standard almost one hundred years ago and have not returned. it has many problems and inefficiencies associated with its use as a currency. and as an investment, gold has largely underperformed when compared to stocks and bonds over the past 100 years. people hold cash because it is a common medium of exchange and extremely stable over short periods of time. not because they hope for positive return over a long period of time.
ok so everyone who owns altcoins is stupid according to what you said, and the only smart people are those who invest exclusively into bitcoin. i wonder what made you crawl your way into
this subreddit has become a cesspool of shitcoin shillers and everthing about btc gets downvoted because they are threaten byt it, for obvious reasons.
bitcoin is a prime example of tunnel vision.
are they at least ill tempered?
it is at least a c+
just his skateboard. don’t tell tony i’m here!
yes but with tanks this time
i'm just saying he is not the same as any of us and never will be. i'm tired of people thinking billionaires are anything like us average joes or give a shit about any of us
yeah. you are saying it is immoral of him to speak about a product he is invested in favourably because it is market manipulation. why is it immoral for him, and not for us?
how did you get them?
imagine the idiots that hold any kind of weeklys on that stock
btc failed as a currency so it fell back on the store of value narrative, so all that i mentioned is extremely relevant. how can you have faith in a store of value which crashes constantly and has only been around 12-13 years. that is not a safe store of value.
“calm down there fella” it’s .27 for a transaction right now you fuckin brain dead salty bitch. “my holdings” have gone up, thanks for your concern. they wouldn’t have if it was a dumb fuck scared about the dark web use of bitcoin lmaooo 🤡🤡🤡
this is pathetic, i never said that, stop acting like a martyr. im just saying, you saying the "btc blockchain is obsolete" is factually incorrect and shows a massive lack of understanding of the actual tech... but yea clearly we done here.
yea, you definitly know better than billionaires and hedgefunds, im gonna follow you instead of them! lol...
wait if you’re here then...what is he riding right now???!!
sharknado 2: yes but with tanks this time
i do not know about you guys, but i cannot wait for tanknado with sharks 2: the revenge of the saltwater resistant steel.
kevin o'leary isn’t a billionaire.
because you as an individual have no ability whatsoever to influence the market whatsoever whereas kevin o'leary hosts a reality tv show about investing...? or do you also find jim cramer to be a completely moral dude?
haven't bought a single one, if that is what you asking
won't someone think of the gamblers???? (fuck elon)
that is assuming that he gets paid in . still seems a bit counter-intuitive's net worth
that is not how it works. when your pay is based off share price you have to hit targets on price. further, you do not just get to buy and sell whenever you want. they are (rsu's?) restricted options basically so you get awarded stock options when you hit the target price by x date and then you cannot sell (exercise the option) until x date, then the problem is if the options are price above the open market stock (almost never) then you do not wanna sell. this is part of why ceo's end up with a shit ton of stock in addition to not giving a shit and just listening to their financial experts who generally will just sell for you regardless of your tweets.
no way to prove it. you’re just speculating and stating it as fact. which is extremely manipulative. which is exactly what your mad at elon for? pretty ironic. i don’t think elon cares enough about increasing his personal network to do that. i doubt he even manages his own portfolio.
do you have a source on him actually buying it back? i’m interested
lightning works, my man. this is why the central american countries are "adopting" it... whatever that means to you. i hope you do not have too large a percentage of shitcoins...
here you go you silly child.
they are buying ethereum more than bitcoin.
i sneak on reddit between halfpipe sessions
there's not much functional difference between 400 million and a billion
that's not market manipulation though, that is just using a platform to talk about something. are you suggesting that someone who has found success in the free market is an immoral person if they act the same way as anyone else? sounds like you are saying that freedom of speech is an immoral right.
why does barely anyone use the lighting network then?
oh dear sweet child bless your heart, literally says .27 right there
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>yellen then gave an example. >"if someone reports an income of ,000, and they had , that tells the irs that’s an individual that you might audit." wait, what. why would you set the reportable level at ? i do not understand how she is explaining this away.
why do we continue to put 70 and 80 year olds in charge of this country when they’re generally deemed as unemployable.
if they pass this law, i am just going to go to the atm everyday take out 700 and deposit 700... just so i can add on the extra paperwork for the irs.
there is nothing good about politicians inviting government officials to openly root around our bank accounts...nothing...
the rich don’t pay taxes, and they do it legally. for instance, they don’t sell assets to pay for new investments. rather, they take loans to make new investments and claim the interest and depreciation to bring their tax burden to zero. this is clearly targeting the middle class, who aren’t sophisticated enough or can’t afford a cpa to help them do this. and it’s definitely targeting the new money coming out of crypto. don’t sell your crypto for anything other than paying for a primary residence. use it as collateral for loans that target passive income investments.
what it is not common knowledge that billionaires move their money ?
it's just another lie. the exact same way the patriot act was "just to find terrorists". 6 months later police are stopping anyone they want without cause for a pat down in times square. it'll be for "our safety" or to "punish the evil rich people", whichever line the plebs like most that week
just bullshit piled on other bullshit. it's just control everywhere you look these days. the war is not left vs right, it is top vs bottom.
she. is. lying. she is clearly a corrupt piece of garbage.
billionaires: "? so like every time one of the help buys a few loafs of bread or idk a roasted turkey or whatever the fuck costs ? well then john or whatever the fuck my accountant's name is, is going to have a lot more work i guess." \*lights another cigar and puts his feet up on the back of a new gift from whoever replaced epstein\*
>"'re going to find the massive amount of tax revenue you think americans are cheating you out of." >"that's correct," yellen conceded, "but it is important to have comprehensive information so that individuals cannot game the system and have multiple accounts. sounds like they are just using as an excuse to keep tabs on everyone and everything
this is the same yellen will has earned hundreds of thousands doing a speech or two for wall street market makers and banks. bought and paid for.
gotta track as many people whom might be pulling for financial freedom as possible
joke. that’s tip money to the wealthy, but to us, it’s rent, car payment, child support etc
it's one banana, michael. what could it cost, ?
yeah, that is complete horseshit from a career lying bureaucrat. a billionaire wipes his ass with . what they are trying to do is determine who is allowed to prosper, and who is not, just like china.
taxation is theft, these people do not deserve to be in power
this woman is either clinically insane or she is a paid financial terrorists.
govt: "oh no, we'd never use it for that". 2 years later... yeah, they are using it for that.
sounds like the new . just another ploy for them to fucking shake us down. hang on, i’m at the drive thru about to pay taxes on the food that’s going to keep me alive.
i'll just hodl, that way it is not in my account
this old dinosaur bitch needs to just go extinct already, every one of those old law making abominations to man-kind. and the evil that backs this system will be brought to its knees one day.
so subcontractors that have to file self-employment are the pockets you're gonna be searching with every check because they do not file w2s. and i'm sure they will be looking extra hard into billy's pocket because they pay a higher tax and oh boy they better report that job they got paid 700 through cashapp for helping a friend build a deck or some shit... fuck that and fuck off.
so at what point do we start organizing some forms of protest? or are we all just going to bitch on reddit and comply with the bankers wishes?
yellen clearly has no regard for the principle of limits on the power of government. she does not even bat an eye at the idea of warrantless mass-surveillance of the vast majority of the population. the biden administration has been terrible on cryptocurrency and basic liberties.
she’s bought and paid for by citadel. when you make more through speaking arrangements than your government job, makes you wonder who she really works for.
the billionaires make the rules while the shrinking middle class gets squeezed until there’s no middle left. and then, there is crypto.
this is a tax increase on contractors making a little extra money here and there and hiding it. one of the perks of not making a lot of money is you can doge taxes on things like this easier. you don’t have good benefits but at least you can squirrel away some money under the radar. this in no way matters to billionaires at all. it’s a middle class tax enforcement mechanism at a time when rich people evade (both legally and illegally) taxes in a way middle class people cant begin to understand. joe biden manages to not get through almost any of the legislation he promised and only manages to get through things that hurt middle class people. get ready for donald trump in 2024.
it is aimed at billionaires! *wink wink*
banks already have to report the amount of interest paid into an account when that amount exceeds , so this is less of a change than it seems. arguably .
,000 was the limit, but most people don’t have that sitting in a bank account. think taxing the poor.
maybe this will help understand yellen's (false) logic. she is a baby boomer, born in 1946. in 1951, , (according to an online calculator i found so if anyone has a better number please post) to ,251 in 2021. yellen and others are thinking . for additional reference: a ,569.00 in 2021. calculator used:
the democrats just looking for another way to pay for their stupid ideas.
this is legit frightening. we’re not idiots. this is to police us, not the billionaires. crap like this is why i want to move off grid to the mountains.
this article did not state it but she also justified her reasoning by saying people can have multiple accounts to game the system. hold on... let me divide up my ,000 increments into separate accounts. what a crock of shit!
she is part of the establishment. watch what she does, not what she says and you'll see what her real motives are.
these criminals are shameless. besides who would believe this bullshit? oh i forgot, most people will believe in anything this corrupt government tells them
these dinosaurs in government do not represent us, they represent banks and gov't.
they're called lies. it's the main tool of all governments.
remember when people were somehow excited when biden was expanding the irs? looks like they need stuff to do
> inflows and outflows of accounts with more than this is worse than . it is "if the sum of spending and deposits totals over "... essentially all non-dormant accounts. basically, if you made the mistake of having a garage sale, and then depositing the funds in a bank account, you will have to answer questions by the irs as to why is not every deposit included in your income.
it was 100% to go after the big 3 they struggle to touch. crypto sex work drug dealing the blatant lying is going to do as much damage to public trust as saying masks don’t work for over a month at start of covid.
lying ass lollipop licking owl lookin ass bitch
excuse to tax the small guy
fuck these reptillian pieces of shit
everyday i just want to leave this fucking country lol
if anyone votes yes on this we should all agree to primary that person or vote them out. republican, democrat, anyone. this will be used in very nefarious ways...and they are lying straight to our faces.
this is politics. act like you are helping the little guy, "hey, look! we're punching up" and then stick my fucking minimum wage head in the fuckin toilet and flush
notice how she went from chair of the federal reserve to secretary of treasury? nope no conflict of interests there what so ever.
janet yellen would claim to have a 12" black dick if the financial institutions bankrolling her dumpster troll ass told her to.
she is a brought and paid for operator of the rich and powerful
the most egregious part about all this is that there is zero pushback from the media when they interview her and she comes out with this nonsense. my 10 year old couldve picked holes in yellen's argument, let alone a career establishment msm cuck.
according to yellen: only a millionaire would dare to put 600! riksssy!
this is legit bullshit
i’m almost 100% certain the irs is already doing this even though it’s not into law yet. i’ve been getting calls from them the past week about paying back 10k in taxes from a year i didn’t even make 20k... only reason i can suspect this is going on is because i have a new job that pays me 1350 a week. i feel like they saw that and said shit let’s go after him now.
that is a load of bullshit...irs can suck my cock
billionaires keep her employed, why would she do anything to make them upset? try harder yellen, at least try to make us believe it.
if the goal is to catch billionaires… why not just go down the list? isn’t there less than 1,000 billionaires in the us????
the people at the retirement home are looking for her.
this is about going after people with side hustles. they think we are stupid.
how is this not fascism lmao. this is orwell's 1984 book happening in real time, absolutely ridiculous ' this is not aimed at billionaires. a billionaires midnight snack is . this is just neo-liberals and dems further emboldening the surveillance state. republicans are guilty of it too though - remember the patriot act? they voted for that
it seems like a fucked up plot to thiscourage average citizens from making real investments.
they're not even trying to hide it anymore
republican or democrat doesn’t matter. they’re all on the same side.
anybody who thinks that they are wanting to give "billionaires". it is also worth noting that government oversight reports indicate that roughly 1 out of every 10 welfare payments is estimated to be fraudulent. has anybody heard any of these individuals "aiming at billionaires" thiscuss the epidemic of welfare fraud which is costly to taxpayers? 1 in 10 suggests extremely low hanging fruit. class warfare is just one of many tactics that politicians use to thistract and have people hand over more power to the government. have citizens fighting amongst themselves rather than the system that pits them against each other.
as usual, they claim it is one thing, but...if you look at what they "do" then after a while you will see their intent. remember when the "patriot act" gave the federal government exceptional powers under a republican administration? well, now...if your rent or house payment is over , then guess what...you make a payment every month that makes your bank account accessible to the federal government without a warrant...and it is under a democrat administration. they tap-dance for the camera's and say nice things, but...both parties want control and power.
i don’t think most of you are following the logic here. all that is being reported by banks is the gross inflow and outflows of individual accounts if it nets more than , not every transaction. the irs is looking for people evading taxes on large amounts of money, but if they set the limit too high, people will just open multiple accounts. there’s a calculation backed into this that’s mostly arbitrary, i.e. how many bank accounts would someone be willing to maintain to evade . if you opened 10 bank accounts that hide .99 each, you could theoretically evade roughly no more than … but nobody is going to do that. if you have a single bank account that has a net cash flow of , the irs will know and not do jack shit about it. there is a general amount that raises a red flag when combined with other factors, but they won’t publicize that number. this actually makes perfect sense.
1. half of you all voted these people in. 2. what’re you prepared to do about it?
as usual the lower and middle classes get fleeced on their meager salary, while wealthy politicians and their rich friends with massive estates skate on by. the plebes will just bend over because we are accustomed to getting fucked over. fuck yellen and the rest of the rich elite.
it’s because putting 600 into crypto will make you a billionaire. this is not financial advise
hey yelen. i hope somebody farts in your face.
they want to track gun purchases imo .
i saw a whole lot more than .
why they have to bother us like this... so annoying...
it's almost like politicians are liars.
because if they specifically gunned at the billionaire, the billionaire can shot back... while both you and me has no money to shot back at the politicians.
they can eat fcking sh\*t!!! the fcking irs hasnt even given me my 2019 fcking tax refend!!! they lack the ability to handle something like this no fcking way
theres a loophole here called lying im not suggesting it, but i'm also not sure why the government thinks they have the right to know everything about my financials.
the government should have no say in cryptocurrency. the whole point is that it is an alternative to their crappy and dated monopoly of a system. they want to have their cake and eat it.
anything to keep people on the fiat dollar.
another episode of shitshow america
the take is simple: bury the transactions under mountains of reporting so then the movement of "friendly" assets is diluted.
janet yellen is just a shill for banks that pay her private speaking fees, nothing more.
if you believe anything this woman says you are as smooth brained as they come... it is a tax on regular people, not billionaires. they printed trillions and are faced with high inflation as a result. they cannot stop printing but need a way to offset it. so they are sweating the general population for more money.
people are missing something. it's not that the examples she is using are crazy and make no sense. what's really f&$&ed is the fact that she regards the average person with such little consideration that she legitimately believes they are so stupid that they will actually believe what she is saying.
remember: taxes are for the poor.
the richer get richer... while we all need to make crypto bigger, to fck them up
stop yellen at me!
why are all of these old pieces of shit determining our future?
the people are getting real tired of the criminals trying to hold us down the people are waking up and are sick of your shit ass lies. karma is a bitch you reap what you sow
-time at . they are not fooling anyone.
you guys voted for these lying fucktards, eh?
because inflation is so bad that very soon if you have ’ll be considered a billionaire
i might be wrong, but this will just make poor people who made some extra income on the side to keep it in cash under the bed or whatever?
targeting the working class to fund socialism.
it's "too difficult" to really gi after billionaires (or political suicide) so they poss on our legs a mnd tell us it is raining. vote for young progressives who understand the 21st century!!!!
what a great time to be non-american
this is just to squeeze the money out of retail. plain and simple
everyone around the world praises billionaires but they do not pay any taxes. justified tax evasion at its finest. watch these crooked fuckers are going to pass millions of accounts at .
crypto post with a politics flair don’t go well together.
the government needs to keep the money flowing in in order to keep waging war at the world.
thank god i do not live in the great freedom nation
if someone is suspect, get a warrant.
remember folks, taxes are never for the rich. they are sold that way so people accept them, but the rich as a general rule do not pay taxes.
the government does not need to spy on my checking account. i will move fully to crypto if this becomes reality
yellen is a banksters’ shill... what did you expect?
this article is a mischaracterization of what is being proposed. the tax reform proposes, "financial institutions would report data on financial accounts in an information return. the annual return will report gross inflows and outflows with a breakdown for physical cash, transactions with a foreign account, and transfers to and from another account with the same owner...with a minimum threshold of ". this reform is not detailed transaction information, but instead an outflow and inflow aggregate that would be reported on the 1099-int form (which banks already file for personal non-employment income, anything not earned through salary). right now the only way to trace aggregate income from offshore accounts is to laboriously added up individual transaction details. so having an aggregate inflow. therefore, if inacted, it gives the irs an idea who is shuffling money between same-owner accounts and foreign accounts in attempts to stifle audits and circumvent taxes.
again, what happened was to the middle class like us.
i hate this bitch and all her rich friends. it’s definitely not about republicans vs democrats, it’s about the rich vs everyone else.
politicians whose entire policy is centered around pretending to be generous by spending others' money now looking for more ways to monitor your money
they're already considering a change to ,000. definitely an attempt to over reach but they seem to be back tracking quite quickly.
ohhhhhhh! i see. you haven’t figured out yet that politicians use the “evil rich people” trope as coverage to go after *you* and *your money*. those of us who have been opposing big government for decades have already figured this out. the government is not your friend.
shut up and do what you’re told - us government
most of you guys voted for this garbage... enjoy the show
this is so terribly sad, in any other age this level of flagrant bullshit would be huge news, not because of the "narrative" but because of how flagrant this bullshit is. where are the people protesting this? why are we not in the streets? i cannot even afford to take a single day off and expect to be able to survive, is everyone in the same boat? what happened to humanity and intellect? edit: is everyone afraid of being on a list? or the black mark of an arrest? is it because no one else will stand first? if it is the last then where have the leaders gone?
janet yellen is a liar.
its almost like everything government says is a lie….
we are all just fodder for the powerful and mega-rich.
they really think we are so fucking stupid don’t they?
shes just yellen away to an echo chamber bubble at this point,...but that bubble consists of a lot of rich powerful people that probably are unable to understand the average folks struggle
janet yellen isnt a piece of shit. she is the entire shit all the broken off clumps and stuff you cant poop out. trully a smelly old hypocritisizer
**you will own nothing and be happy.** by 2030 everyone will be under totalitarian government. they know poor people hold no money in their bank, only middle class have + in their bank. the new biden appointed comptroller of the economy lady is a known socialist that has plans to remove banks and let irs and central bank directly manage everyone's salary. so the first door is to give irs access to our bank accounts, next our salary will be under equality and green new deal taxes. she already is trying to stop fintec and crypto to be under of the government reach. still, you mention and of this (which is happening right now) and people think you are a trump lover, a conspiracy theorist and that you do not believe covid exist ... people are so brainwashed at this point is mindblown. if you say anything that is not part of the propaganda people just say this 3 things back at you even if you are not talking about them: trump lover, a conspiracy theorist and that you do not believe covid exist.
whenever they say they want to tax the rich, it ends up making the middle class pay more.
so this is obviously included in the package they are trying to get passed through- can someone tell me what the possible outcomes are? 1-i'm assuming it passes and that is it. 2- are the republicans expected to negotiate the details of the irs portion of the bill? 3- is there a chance that the entire package does not pass at all and everyone can breathe? explain it like i'm a six year old
did anybody think that the rich would actually get taxed under this new administration? the middle class always was gonna get eaten alive. looks like some of y'all are finally waking up.
this is the real point. "tax billionaires" is a red herring, make sure they tax the middle class into the ground is the real focus, cuz there is more of them.
yep. reducing the ,000 limit to \*nothing\* to billionaires. but it causes the average person to report virtually every non-miniscule transaction. stupid and invasive as heck.
the questions nobody is asking: 1. will this law trigger audit of our bank accounts? 2. will the irs hire thousands of new agents to monitor our bank accounts. 3. will audits of our bank accounts result in confiscation of our money under the forfeiture laws already in place.
jesus christ. trump admin blew. biden admis also blows. they do not work for the people anymore.
she stuck in 1929 where ??
i lean left on 90% of things but this is a big fuck no by me. raise that way above .
[michael jackson said it since 1995. he only missed that they also do not care about colors. in their eyes, we're all the same. - they don’t care about us (brazilian version)]( let's take them down, boys!
congratulations you voted for this shit dickheads
dude lets be real this is war on middle class
i don’t think this will have the impact that people think it will. question, who here thinks the irs is monitoring and invading your privacy by receiving a w2 from your employer once a year? this is effectively what the reporting rule would be. it doesn’t give information on individual transactions, it is just aggregate numbers of how much totally money is coming into your account vs how much is leaving. they get a basic report once a year to better tell if there is a thiscrepancy between the income reported and how much is being shuffled. say you report a yearly income of 50k but your bank account shows you’ve got a number of transactions in a year totally more than like 300k then the irs would know to perform an audit. keep in mind they already do this, but have reason to believe that they aren’t able to audit as many accounts as ought to be b. i’m not saying this is a good idea necessarily. the irs already gets more reporting information than they can actually use because they don’t have the funding to utilize it all. enacting this rule would cost the irs as well as banks more money. and on the part of the irs, if they already dont have enough money to properly utilize the info they’re already receiving, then spending on collecting more info seems like it would be a waste of tax money compared to just funding the irs directly what they would have otherwise spent on this rule.
how is anything aimed at billionaires, when over 99% of the hits will be non-billionaires? try harader.
hey but “no more mean tweets” amirite? maybe everyone should have listened to those “crazy” trump supporters when they said he was going to screw you. they will up the price once they notice that the irs is getting notified every time someone fills up their tank.
what a joke! she needs to add a few zeroes if this is for the billionaires. i love my country but i hate it’s leadership.
they think . adults today spend 550? on their new car’s payment a month. you really want to be notified of that?
use your democratic power and vote out yellen from the office. who from you have voted for her to be here?
remember the saying “if you wait by the river long enough, the bodies of your enemies will float by.” look at how old these dirtbags are. the river is going to be overflowing.
it’s common knowledge that billionaires and millionaires commit fraud .
this is a bitch and biden is son of a bitch
what she is doing is called "lying". it is a fancy trick that politicians like to employ
so, track “billionaires”, but do nothing about the billions in taxes stuffed into the cayman islands like a burrito supreme. as if billionaires haven’t figured out
i wholeheartedly agree that the reporting requirement is bullshit and that janet is a (insert expletive here). that being said, the rule as i understand it is to report gross inflows . key word is gross. it’s being way overblown in the media and social media with the implication that banks will report individual transactions exceeding . just wanted to add that bit of clarification.
i have a solution. never sell your crypto! no need to pay tax.
tldr; us treasury secretary janet yellen on tuesday defended the administration's proposal that would require banks to report inflows and outflows of accounts with more than . "i think this proposal has been seriously mischaracterized. the proposal involves no reporting of individual transactions of any individual," yellen said. "there's a lot of tax fraud and cheating that is going on." *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
fun fact kids, they’re lying
she looks like palpatine
monero (call me by your symbol) *xmr*
they say they hate the super rich and want to tax them, and then they do this crap. actions speak louder than words but seems like no one is paying attention since we keep voting idiots into office.
she is like biden, too old, too senile for cryptocurrency
fuck them, buy more crypto.
greedy leftists and math don’t mix.
let's say you have a thousand auditors. you have to fill their time. however you are rich and all your friends are rich. if your job list only has a hundred billionaires on it, then your friends are definitely gonna get audited. so what you do is make sure the list has a million people on it. your thousand auditors now have more work than they can handle and you can hide the non-audit of your friends in all the actual auditing you're doing of the plebs. you find lots of underpayments, so you have justified your existence. but it is all trivial really... it only adds up because you're investigating so many. so how do you get a million people on the list? you set your investigative threshold so low that anyone is fair game. > the only power any government has is the power to crack down on criminals. well, when there are not enough criminals, one makes them. one declares so many things to be a crime that it becomes impossible for men to live without breaking laws.
get these commie fucks out of power
simple, she is lying. you kind of have to when you're a marxist
maybe do not get your info from a site that has repeatedly said in court they are not a news site. that's step one, dipshit.
"if someone reports an income of ,000, and they had , that tells the irs that’s an individual that you might audit." she’s an idiot. you have to have . that’s why banks already report deposits over ,000.
your question is valid, but a lot of these comments are kind of misquoting the situation (and her explanation)... i do not know if i really like the logic either, but i do understand it (at least i think i do). it's accounts that have more than , at the end of the year to see how how much money has transacted over the year... if those transactions do not line up with what's reported as income, that is a flag for audit... (not + transactions) and the banks... which is honestly not a big deal for anyone that is already honestly reporting their taxes... really doesnt affect us either way... (unless the bank raises fees in the name of this shit) why so low? why accounts with more than ??? why not accounts with at least ... or ... or ??? so right now, individual transactions of ,000 are flagged... and the problem exists... so what she is suggesting is that ... if lowering the criteria for monitoring to , then ... that would require an exponential amount of accounts to "stay off the grid"... if they were to say accounts with + in them, that would still be the middle class... if they changed it from the current "flagging + transactions" to "monitoring accounts with +", that would still be the middle class... so i have to assume . i agree that it does not make a shit of sense to actually say "billionaires"... why not just say tax evaders????? they are going after all of them. maybe they know something that we do not know??? maybe there are actual owners of thousands of shell accounts that get filled with . it's all automated these days, shit who knows... i honestly think they are just going after all of the un-taxed money and scared to say it publicly... billionaires, drug dealers, money launderers, crypto, small business owners, self-employed, tips-earners... anyone that can get over on reporting their income... but unless you are currently getting over, it cannot really "squeeze" you... the irs basically already receives this on me anyway, but like i said i do not know if i really like it because i have a "well what's next?" mentality...
don’t forget to vote! ha ha just kidding. everything is rigged. you’re not gonna stop this unless you forcefully stop this.
i honestly thought this was aimed at in, which would pretty much include everyone, but (according to the article) is laughable. which is the easiest way to scrape up a billion dollars of unpaid taxes? investigate big corporations and billionaires, who funnel funds through offshore accounts and a network of international companies; or scrape a few dollars off hundreds of millions of normal workers?
. amount is super random and not relevant to billionaires. this whole idea is garbage.
it is easier to meet quota if they pinch poor people. rich people get attornies.
one of the many issues with this horrible radical left administration. 🤮
corrupted bitch in the service of the elites and not the people.
she’s as worthless as biden has been
i think she meant that they would earn billions by going after anyone who dares to earn a few dollars by trading.
bro she is not lying it is aimed at billionaires! also everyone else because it is only . that's like saying "this door frame is made to keep tall people out, it is also only a foot tall so that literally means everyone".
yea, so weird. i have 'm pretty much poor
yellen's not hot, quick maths
her face enrages me so much
its a liberal arguing technique. its called a strawman argument . she does not believe that it targets billionaires, but by saying it, your energy is taken away from the real argument of it actually targeting lower and middle class. while you try to prove its not targeting billionaires.
your politicians are treating you like idiots cause you let them and cause half of you are. and because after 2016, january 9th, and covid they realized that at least half of your country are complete buffoons and will not only allow it, actually act in favour of fucking yourselves in the face.
this is not the rule, for crying out loud. ' the rule is that the bank will sum up all your transactions over . then they report that aggregate number -- a single, summed up number, not individual transactions -- to the irs. ' so you, individually, have no new reporting requirements. and the government does not get an itemized list of every transaction you've done. ' if the government really wants a list of every transaction, all they have to do is ask the bank and most banks will fold immediately and hand it over with no questions asked. that's today, right now, no new rules needed. banks dont give a fuck about your or your constitutional rights, they are not going to stand up for you. they worry about their banking charter and hand over anything the government asks for. source: i worked in big data in banks for 10+ years.
the left wants to kill the middle class. they want the elite class and the rest of us they control. i hope this is just another dumb idea and not the law
this is a lesson to all young folks. there are consequences to elections.
it’s being done this way because it’s easier to collect ,000 small time etsy,000,000 in taxes off of one billionaire. they can’t just keep giving away money with no way to earn it back 😂
that women in the photo looks 200 years old. how does she even have a job? shouldn’t she have retired like 120 years ago or something
the amount of money she gets paid in speaking engagements really should be labeled a conflict of interest and illegal. get rid of lobbyists and get rid of crazy speaking fees for govt employees and we can get back to having a better system.
i’m pretty sure unless you’re doing something illegal this won’t apply to “you”. although, if you give any government an inch to control you, you’ve personally lost a mile of freedoms and personal security
itt: people who do not read the article mischaracterizing what's happening and bitching about democrats. the title is misleading as well, can we get some moderation? >treasury secretary janet yellen continues her pitch for the biden administration's proposal that would **require banks to report inflows and outflows of accounts with more than ** to the irs \[...\] > > > >in a clip aired tuesday evening, cbs news' norah o'donnell asked yellen regarding the plan, "does this mean that the government is trying to peek into our pocketbooks if you want to look at ?" "absolutely not," the treasury secretary replied, insisting, "i think this proposal has been seriously mischaracterized. **the proposal involves no reporting of individual transactions of any individual."**
there's nothing to understand, she is simply lying because traditional banking system demand "do something with crypto" this is rotten
she is full of shit. it is easy target fodder for people using cash side gigs and; the billionaires.
not even that. it squeezes the spouse with a side job. had a friend who's wife sold , had to claim it at a 20% tax rate because of 'combined income.' it penalizes the side hustlers, especially those flirting with a tax boundary. it penalizes the thisabled. how can one live on ?
every thing government does is for control and to have your obedience. with this understanding all these things make sense and are predictable. i cannot figure out why some people think gov answers to them or cares about them.
i don’t understand how lowering the reporting requirement will decrease tax avoidance. why don’t they focus on creating incentives for the rich to keep their money here? something like lowering or even eliminating income tax. or something else
i’m almost positive this doesn’t put any extra effort on us, nor squeeze us. banks will report the transactions. we don’t have to actually go out of our way to report anything new, ourselves. if i’m wrong, please elaborate.
my god i hate this fucking sub.
go steal something worth bit of money and go to jail. then be a billionaire and steal from goverment shitton of money on tax evasions and what will happen, at best you make a deal and pay a laughable fine. but yeah we believe you yellen
don't worry. old yellen forgot the three zeroes at the end.
she should be investigated for corruption. i fail to see how any of her actions targeted towards the rich have impacted them instead of the poor.
she can eat a bag of dicks.
other countries make everyone hand in all of their cash every 2 years for newly printed bills. old bills are never honored. that’s essentially what every country wants. you can dodge your taxes but you either pay, or all of your money gets returned anyways 🤷🏼‍♂️
it’s a lie. they need to increase revenue and don’t want to actually go after the billionaires
the same way the fed were lying about inflation being transitory. my ass.
if you think this is aimed at billionaires you may as well make puts on pelosi’s stock picks.
hahahahahahahahaha hahahahahahahahaahhahaha this is how stupid they think we are.
us taxpayers have always needed to report crypto transactions on the income tax returns. it's a capital transaction subject to short term or long term holding treatment using the capital gains tax worksheets. even if the gain is , it is something the taxpayer must report.
yellen is pathetic is all i'm going to say😒
the reality is that this will be used to go after middle class small businesses that are cash based like salons, cafes, coffee shops and convenience stores. it will be used to milk every penny out of the middle class so that wealthy elite can continue to store their wealth in offshore accounts. the fact that leaks like the panama papers and the pandora papers do not get a single mention from the same politicians claiming they need to go after tax evasion, tells you all you need to know about who will be victimized by regulation like this.
it’s not insane. she just thinks we’re stupid.
disgusting, fucking truman show
what a fucking joke. what are billionaires going to have a million accounts with ?
this not only show how insane our government is…it also show us how stupid they think we are. and you know what?…. some of us really are that stupid smh
i guess i learned today that billionaires only keep
this hag is the worst
straight up fuck these crusty old dinosaurs trying to pass legislation on us to fund all their bullshit how in the fuck in the middle of this crisis with inflation this high, fucking stores still requiring masks and bullshit are you proposing another 3+ trillion dollar infrastructure bill. fucking print that money all mighty printer go brrr brrr but don’t take it from me
more bull shitting to placate the ignorant.
ok i’ll just buy and sell .
it is all about control. they need to track you. they are scared. and that is good. they better be scared.
max transaction 599.99. suck it yellen!
she is an absolute serpent that is not to be trusted at all.
honestly, just get rid of her or protest to get her out to resign. she has no business doing any of these things. she needs to go, period! don't let them get away with this shit anymore, we tell them what to do!! never forget that!!
dont list all the other insane things democrats are doing
war is peace 600🅱️illionaires ignore your eyes and ears
she is a silly little woman. i'll just ignore her advice.
its all double speak and double think 24
funny this insane administration keep exposing themselves, they always say tax the rich but they are adding tax regulations that is aimed at everyone, also people are already paying way more taxes from sales tax due to inflation. reality is the trillions that they want to buy votes do take way more than tax the rich to pay for it.
the elites just realize how incredible stupid and gullible their voters are so they keep shitting them with more and more ludicrous bullshit. ' why? because they can. because 70% of humans are moronic compliant sheep, and only 30% are "conspiracy theorists"
democrats deserve a bloodbath in 2022 and 2024. they have asked america to give them full control but they fucked it up.
hopefully her heart gives in soon
if you smooth brain apes think the government is here to protect you. the government does not give a fuck about you are a number a slave pay your taxes and shut the fuck up follow these laws and and do not worry about what the fuck i'm doing just stay in your lane and you should not have a problem. but what if we united the have vs have not what if we just stop working across the board until the needs of the people are met and if not death for everyone.
you yourself don’t have to report the 600; the entities that handle your money have too. you yourself should be collecting paper trails and recording for taxes along the way regardless of them requiring this new reporting (because these were always requirements now they can just confirm people are following through) unless you’re trying to commit tax evasion this shouldn’t be an issue (and i doubt they’ll go after people off a few hundred or a few grand here and there because they don’t have those resources and the cost doesn’t outweigh the gain; unless it’s a clear pattern)
inb4: once people do not believe the help the poor argument, justify the 600 limit in that bigger amounts can be used for pedophile, drug deals, terrorism, bribes, finance alt right groups, etc. anyone who thisagrees with the 600 limit will be labelled as pedophile terrorist trump supporter.
left wing intelligence. any other questions?
voted for biden thinking maybe, just maybe, they could get something done to fix the rot. but this is where they choose to go. it kills me that the infrastructure bill etc will probably all fail, but this will pass.
the woke are finally waking up to the tactics that the left have been employing for years. they wrap up shitty policies that destroy the middle and low class and sell the bag of goods as “a tax on the rich” or some social justice label - that if you thisagree with, you’re against that social justice... “you’re against the affordable care act? you must be against affordable care, you bigot!” “you’re against the “families” plan? you must be against families! “you’re against the infrastructure bill? you must want america to crumble!” “you’re against blm? you must think black lives don’t matter!” “you want voter id? that’s systemically racist! but don’t you dare bring up the required vaccine passport” the list is endless. they want to paint everyone who is against their policies as a bigoted racist’s getting old.
so many ppl itt this thread so desperate to get away with tax fraud while in the same breath talkin about how much they hate them rich folk for avoiding taxes 🤣 100% yall just hoping to be that rich guy who don’t pay any tax
imagine if 10 million people withdraw , every single day and immediately deposit that cash back, it will create nightmare for irs 🤣
if you think for a second about that, if people transfer to btc completely, it would be irrelevant problem, because noone would be transfering into fiat thus you dont have to pay taxes ~~until they dont create a law for crypto transactions, then we can really appreciate monero~~
how did this old lady get into such powerful position. she needs to step down and retire. we need leaders not grandmas.
just read through many of these comments and while it seems there is confusion on what the irs will actually be monitoring one thing is for sure. there is far too many noses in our business. i’ve started looking at a few platforms that allow me to invoice clients and they can pay in usd and it’s automatically converted to btc and put in my wallet. i’m not looking to hide anything but i also don’t want that old bag up in my business. hell you can buy a tesla with btc and i only expect more and more companies accepting it as time goes on.
we straight up have the oldest most idiotic leftover boomers running the country it’s so sad. how did we get here.
for all who voted in 2020 for this... the thought of all that free stuff promoted by the snake oil salesmen... free always comes at a cost... in this case is your freedoms!!!! they will go state by state methodically taking control of key states until the remaining states in the nation mirror california and ny. here is what we are looking at if these laws are allowed or not stood up too!!! **...** **2024** current government has now taken full control of all media and now defined as state run tv, full control of education with eliminating the private sector, has eliminated the electoral college while blanketing the entire country with mass amnisty to all illegal alien's of this past 40 years in which over 60 million illegals alien's have invaded the usa with 10 million since 2020 and complete control of the banking . **... 2025** bank deposits have shrunken by 95% as millions of customers are making cash withdrawals of .00 as often as the law allows over the past 4 years ... **1st & 2nd amendments have now been completely removed from the constitution** **... 2027** dual citizenships has risen by more than 85% as us citizens slowly begin to move personal assets slowly abroad. **... 2030 inflation has now risen to 28.2% as the entire nation now mirrors venezuela as protests begin, citizens begin to rise...**
it be nice if any of you bothered to understand what the requirement is. you do not have to lift a finger, or file anything. the bank is required to report once a year all accounts that have more than , or contain over . all they report is current amount, amount that came in, amount that went out. the proposal involves no reporting of individual transactions of any individual person. why such a low rate? because hiding ,000 in accounts with . so, the bank say , , current value is ,200, and the person owning the account list an income of , the irs does not look at it. if the bank says , , current value is ,200, and the person owning the account list and income of , the irs starts to look at it. oh, this is your business account, and you made , and had , as shown on your tax papers, cool. oh, you do not list any reason why , or where ? yeah, not cool.
they think americans are stupid. i think they are right.
they cannot get money from the billionaires. they must target the middle and lower class who do not have high powered accountants to exploit the tax codes.
freakin ridiculous law. it's good we do not have to report anything in my country.
does she just think everyone is an idiot that can be deceived?
it's getting harder everyday seeing this crap keep comming. i look at everyone anymore and think they have no clue what's going on. there more worried about red and blue and left and right. and what's right in front of them is beyond them. i'll see these dumb bills get passed and they bitch when it is too late.
dammit where’s my pitchfork
yellen is a crook like the other cronies 😢😢
middle class penalty! let’s go brandon!
“aimed at *helping* billionaires”
they think we idiots, politicians will never do a thing to control the billionaires.
because she is obviously fucking lying. she thinks we're that stupid.
600...for a billionaire, well, i am on my way up!!
it's honestly fucking stupid. who at the irs is going to sift through the trillions of transactions of . absolutely waste of tax dollars and time.
here are some ides 1st stop the insane loopholes in taxes 2nd stop spending so much fucking money. this country is broke ... 3rd leave the middle and lower class out of this. get taxed to death and they want to monitor everything. yellen who took millions in speaking fees for nothing and she makes the rules. wtf
if this doesnt convince people that theyre actively trying to fuck middle and lower class people you wont be conviced ever. what a clown world we live in. like bloomberg saying we need more inflation and its actually a good thing.
sounds like smoke and mirrors
i have investment money flow from finance account to account frequently. it has nothing to do with my income. under this ridiculous standard: audit. government has plenty enough powers. they don’t need more and i’m not for a second convinced it will be confined to targeting the rich solely.
these frauds are so fucking transparent. they wont do shit to go after all the tax skippers in the recent papers either. fuck yellen, fat dumb bitch. who the fuck has a bowl cut in 2021
it’s a politician. they don’t care about you.
yellen is an agent of the wef, installed years ago by them. assume that nothing she does is innocent nor in your favor.
it's a simple mathematical rule and whatever bullshit you may say and whatever dumb unrelated example you are pulling out of your a**, people can still do the math and see that it is indeed targeted at very small individual investors. its sickening to see wealthy , a bit like well established 1st world countries imposing rules to prevent 3rd world countries to develop. they do not want to share the wealth. stay poor, peasants.
they want to control every aspect of your life
i don’t usually vote, but when i do, it’s always for the wrong ones. clearly she’s delusional.
fair share is crap. money made off the backs of the poor.
state censorship? facism? communism? whatever this is, it’s insane
can we just start paying each other in crypto already and not use “””monero””””.
something many do not know because they simply never made this little. if you make less than x amount per year, then you do not have to pay taxes. each year this changes. but generally it is like . (so no where near enough to live off of) ' it is obvious this is who it targets. the poor of the poor. basically, there is going to be a lot of homeless who works when they can and they are going to be screwed. ' she said something about if someone moved . there already is laws out there saying if you move .
what’s wrong with this woman? you know who billionaires are? tax them 70% and us debt to your brethren the fed reserve is solved. that’s all you worried about right? paying the interests to the untaxable fed juice reserve.
the whole system has a hand up its own ass pulling out a big fat tit... and milking it. what's the tally on the amount of pages the tax evasion system is up to now. just tax rich people properly... and we get... if you do not make income you cannot be taxed income tax. but... cut down the 6000 pages in which are filled with loop holes for people that have lawyers work for them around the clock.
how many politicians are in this country? and how many just regular people are there in this country? exactly! we are this country! they just leach off all of us, fing trolls! they should not be making 100s k a year, should not be allowed to trade stocks, should not be allowed to accept donations from anybody, their own hard honest work should go into their campaigning, not someone else's agenda, if they cannot campaign , we'll you should learn if you actually care about what your trying to do! politicians, are the worst crooks period.
that's incredibly fucking bullshit. we the small people are the ones going to hurt the most.
. aimed at millionaires. she really believes that people who work for a living are stupid. she is a lunatic bough and paid for.
i have my doubts that many of the 1% use checking accounts at all. i’ve known more than one multi millionaire who didn’t actually “own” anything but investments, strictly speaking. everything went on the corporate tab so it could be washed through accounting to reduce personal taxes. one guy had a bentley owned by the company that was considered a “company car,” but was of course personal use only. the ’t designed to catch the rich, it’s designed to catch us.
not even a convincing lie.
leave it to the irs to make our lives a little better
most likely to catch the millionaire's that have 600 in there account
lmao, wait till one moon is hundreds of dollars and people have to track their reddit accounts.
their aim fucking sucks.
psssh yeah it literally helps define who my company allows me to contract, if we have to pay anybody more than , it makes things more than difficult
??? is she still living in the 1940s? i have friends who live pay check to pay check with bigger transactions than that
exactly! yelled & the gang are the real crooks.
the , but it does make filing taxes a total pain in the ass, especially if you are dca'ing out of a position. edit: edited like 40 times because i'm a spaz.
this is why i do not feel bad about cheating on my taxes at all.
with a name like "yellen", i hope everything said is screamed.
jail that bitch. she took bribe money, aka "speaker fees"
how would coinbase play into this? they’re not a bank, and i’m pretty sure you can directly send your paychecks there no right? then you can use their coinbase card and spend that way or…?
it’s just a part of the plan… 🥱
most of the time, well actually all of the time, when things are aimed at billionaires it’s really targeted at the middle class. this absolutely makes zero sense just because all billionaires can sit on their money or divert it in other ways that wouldn’t be considered a transaction, which would be the legal loophole they will use. even liquidating assets i believe doesn’t fall under what she explained or actually didn’t explain at all.
lol people believe anything politicians say. “tax the rich!!” said the rich man
these people need to pack up and retire. this low iq sort of policy is going to be absolutely impossible for the irs to deal with they can barely function now. these people are genuinely out of their minds!
but it’s the brainless opposition that’s after your money, right?
they're a bunch of liars. it's all designed to funnel money out of your pocket into theirs.
they obviously want brokers to be the new "bank. fuck'em and thier logic.
dinosaurs should not run the government.
offshore bank accounts cost hundreds of dollars.
fuck that corrupt bitch
thank god i live in australia 🇦🇺
wow this looks awful for her. i like how at the end of the article she gets called out for how stupid this sounds and her response is just "welp".
she forgot the million after the 600? 600 million
i fully believe when they see the sheer volume of paperwork they are going to have to process they will re-evaluate their stance on that
til i am a billionaire
are billionaires hiding cash in small amounts to avoid taxes maybe?
panama papers go brrr
fucking dinosaur logic. idrgaf i just use cryptotrader.tax
i think she has some mental problems.
and what are you gonna do about it? do you actually intend to do something to resist their parasitic financial surveillance? are you going to step outside of the carefully curated and surveiled crypto economy? or are you going to do something that matters, and use a crypto that gives them all a big middle finger while protecting your financial privacy? ##\
anything we can do about it?
old dinosaurs are teaming up. its time for us laymen and women who own the internet do our things in our own terms.
wasn't that scrapped after being floated?
til i'm a billionaire
this lady is starting to look more and more like that one character in horror movies that has been possessed by the devil.
do we *really* have to report owning or transactions in crypto though?
she looks and imo acts like that insufferable bitch hagrid from harry potter. the "sweet but smug looking old one" that - i think - becomes boss of that magic-headquarters and alan rickman. that old woman that has all the traits that you love to hate and everybody already knows that she will turn into the snakelizard warlock with no nose but nobody can do anything against it because for some goody goodshoes reason that gandalf-type chancellor dumblelord (dumbledore?) made her boss. like you know from day one someone is just there to fuck you over. also i dont know hp that well. autocorrect keeps correcting dumblelord to dumbledore so whatever. you know what i mean
the highest in our society are owned.
she probably breathed in so much copium she thinks she is actually helping the middle class
how much did she get paid again
its goin down, i’m yellen timber!
oh, you thought those stimulus checks were free?! 🤣
lmaoooo thanks janet, i needed a good laugh today
unless you do it on an exchange without kyc verification🌚
“power does not corrupt. fear corrupts... perhaps the fear of a loss of power.” -- john steinbeck
yellen is corrupt it’s always about following the money
aimed at _protecting_ the billionaires from the hordes of working folk trying to use fairer systems and opt out of the billionaire rent seeking.
wouldn’t a million dollar threshold before aimed at billionaires?
it’s because she’s a lying bitch and no one is fooled by it.
politicians playing dumb, what’s new. pricks.
oh cmon we all know shes working for the banks.
we are ruled by royalty and billionaire classisists. they do not want any change. it’s always been this way.
old people are bringing this country to it is knees and i would be considered old by most
just retire with your millions and let us repair, boomer 😔
if you wanted to be a billionaire doing this you would have take out 600,900,000 times reach the title billionaire
these people just want more control. i don’t understand why yellen has anything to do with any sort of policy. she is paid for by the banks.
she looks delicious 😋 bet she’s good eating
bro. just transfer 500 at a time
lol they are spending that much just on gas fees 🤣
they really think we’re stupid.
ofc she is bsing.
aimed at billionaires. do they actually think that we believe this bullshit?!
imagine having a enough money to start a bank to thwart and skew this reporting. gee golly i'll be real surprised at the number of new online banks popping up. because opening a bank is cheaper than telling the truth or paying your fuckin dues and they slip slide away until 20 years from now some new papers come out about how banks were shell companies for reporting a-fucking-gain and now there is just another loophole to fill. hell they can even make interest on it.
so what if i start asking my employer to send me checks instead of direct deposit. then i go and cash the checks straight to cash and start buying crypto through in person transactions. they will know how much i make but no idea what i do with it.
what a scam! this is so typical, ensure the low and middle class are squeezed dry while they allow rich to evade taxes via shitty loopholes and 'legal' corporation tax avoidance. such a joke! i really really hope they tighten up the amount of rich avoiding tax.
shes just a parrot for the billionaires
she is literally being paid by the banks. anything coming out of her mouth is what the banks want.
this sounders team hasn’t heard this before?
old people do not understand modern technology and needs we need reform
there’s nothing to understand. she is making shit up
fuck janet yellen. ageing is not making her any smarter. she is in a billionaire’s pocket, if not many of them. sucking their dicks.
this is playing out like a badly written shakespearean tragedy 🎭
i honestly think he thinks we're stupid.
yes for tax purposes... we middle * clears throat... we lower class need to keep track of every crypto transaction
q. if they make the minimum wage ? a. happy accident or something to do with ubi?
"one weird trick to ram new taxes up the people's ass and make them beg for more" just say it is about "the billionaires". these hypocritical fucks can talk all they want about taxing the rich, but anyone who believes they will tax the goddamm donor class is too stupid to be allowed to vote.
how insane would it be if this ridiculous law passes …
everyone better start accepting crypto soon so i can pay rent and close out my bank accounts. this is the dumbest suggestion i have ever heard. people better riot about this shit.
i'm from india and here, we have a reporting mandate for cash deposits in a single account crossing inr 1 million in a year. for cash withdrawals above 10 million, there is a tax deduction at source of 2% which is setoff in the annual income tax return based on your reported income. setting the reporting threshold at .
out of the loop, someone explain this
because the real money is overseas and out of their jurisdiction so regular people are always the only ones to flex on
yep, so do we have a list of top destination countries for crypto investors because it looks like to me they are looking for crypto wallets.
what's wrong with this person...
she’s smarter than you.
every person who got a stimulus check would fall under this requirement 😂
she looks like the final boss in a fucked up dystopian game🤣. they really want to keep us from earning a few bucks! fuck them all! piss me off
the title is misleading, it is not tracking each transaction.
so, in a place that puts so much importance in voting, cannot people vote to get rid of these unelected individuals?
cbdcs are coming and stop whining. the only thing every single of us can and should do now is to accept and spend cryptocurrency wherever possible. there's no other escape way than adoption of crypto. the wider it is, the faster we get out.
the joke is thinking rich people pay taxes, lol.
it seems insane because it simply is a lie. they do not care what we think and only see us as a revenue source to exploit and take advantage of instead of actually being fiscally responsible.
this is what evil bribing the dumb looks like.
im super poor and always broke... i depoist a paycheck and tips 2 times a month... both deposits will trigger the 600... i keep -10...
how people liking biden?
... what kind of a self sustaining person does not have at least this amount of transactions going out? sure, the main focus is most probably to catch any large scale tax evasion, but simultaneously it just happens to include almost everyone except kids.
she should not be alive. even a three year old would know this maths.
buy everything in increments of 599$. buying a car? no your using your debit card 20 times and they can fucking eat the transaction cost.
when you want to check accounts with 600 bucks and use 3 million as an example. lmao
they literally think we're stupid.
covid checks were .00 someone working a 40 hour week at .00 an hour will take in .00 before tax. but billionaires...
yellen is a shill prove me wrong
are there ways one can start a petition to oust this woman from her position ?
but watching an old man logan flash back?
they lie to your face and expects you to swallow it. also, unfortunately, there will be those who either believe or run shill it.
this is really pissing me off.
damn and i thought australia was a nanny state, that is unreal no way that proposal goes through.
so if i'm my own bank, do i have to report myself? ( [ )
haaaa, must suck being an american. has any other country on the planet done anything like this?
5 billionaires have more than 90% of americans. the solution? put the 90% in a tax grab. . wasn't that the amount for trump dollars? didn't everyone but the rich get ?
she ment future billionaires...
i see that i'm not middle class by usa standards then... kinda expected in a very fiat inflationary country, tho.
anyone else hate her face
you can use a program to send 10.000 599. none of this really matters?
why is yellen still in charge? joke
clearly a lie! there’s no way billionaires buy in 600 dollar increments.
someone needs to put her in a home with a straight jacket. how stupid is this?
this beginning of this was a rule change for this year for sites like ebay. as of december this year, iirc, the amount of income where you have to claim it as income is , which had not been changed for decades. i thought this was such a random amount when it was announced. you see some crazy prices for random items that clearly are not worth that and it looks a lot like laundering but ultimately, that 600 bucks is going to impact the average joe more than catching cheats, imho.
lol. i reported almost 1.2 million dollars in trades to the irs lat year for about 2 grand in profits.
fuck this old dinosaur
thank god i don’t live in the us lol
it's all so they can go after people who work for cash and avoid the illegal irs
wah, i do not like what she does. the majority of this sub- dem lol
at this point they are just laughing at our face.
systems rigged and don’t let anyone tell you otherwise.
why does every politican from the usa look like a having another leg in the grave already?
am i the only one over here wondering why y’all still have money in a bank?
hey janet, can we hear more about your ? this lying cunt is just fucking the middle class for her elitist friends.
i sincerely cannot understand why would someone in their sane mind report crypto gains, when there are just so many ways of obfuscating the earnings through several chains, and have the money never see any bank? and if the needs are so high to get yourself with lots of suspicious cash, why not just learn about offshore banking an ghost businesses to further play with what your gov get to see from your financial activity? i mean, all the loopholes have been set in place, and are being actively used by the "accountable billionaires". its not like opening an maintaining accounts in cyprus, nevis, etc is expensive, same with the business addresses and registers. even if you are lazy af to research that, you can always just search for some local accounting firm that could help you with that for an extra fee.
crypto folks should celebrate this horseshit policy, it’s going to force people to use cash and crypto for transactions to keep it out of uncle sams pocket
they would not target 3 high-level fraudsters, because they have billions to defend themselves with lawyers. they will target 1'000'000 people with 10k yr movements , because they do not have the money to lawyer up
they're not after the rich as they can afford the good lawyers, they are after the everyday person who cannot fight back. joe biden lied about no one under .
she is using this one little trick called lying
i say tweet at anyone involved in this bill anytime you make any purchase. “bought a pack of gum it was 65 cents”. “had my asshole waxed ”. “found a nickel in a urinal .05”. over report every little thing to show them how fucking stupid this is.
us fucks the middle class. takes from middle to poor and suck rich nuts
seems op totally understands. every . every payday will be reported. every rent payment. car payment. buying a gun? it’s all reported. this isn’t aimed at billionaires, it’s aimed at everyone. just wait until the government decides you have too much money if they’re looking at your bank accounts.
i know this. but for different reasons >:)
i love how she started the interview by saying the proposal was wildly mischaracterized and then said nothing to change that characterization.
this is a blatant middle finger to the middle class & crypto holders because she is a shill being paid to shit to cryptocurrency and the non millionaire'd benefit from it. people like this ~~woman~~ person are the reason i want to watch fiat rather than the world burn. change is inevitable, especially when you're constantly doing underhanded shit to keep people down by hodling on to grandfathered concepts the you deserve to be left behind as technology & the world passes you by. change is coming, today it might be loose change and once we rid ourselves of fake politicians like yellen it will be **fuck you** pocket change **for everyone** rather than old fiat hodling, resistant to change, selfishly power hungry, ass hats.
in denmark the irs automatically receives all account statements from the banks. no matter how small. i should think that is the same in most (all?) european countries.
they have been using “tax the rich” since the beginning of the federal income tax . but the burden never falls on the rich . the middle always pays the price . don’t vote for tax the rich politicians.
cannot police their own...go after the little guy. not the who who pays me multimillion dollars to speak at your organization.
if you think the upper class is ever going to do something to possibly hurt the upper class then i am sorry. we are the ones who must find the loop holes.
\' yellen should be a hashtag that twitter will lock anyway
op, where does your quote come from? there's no part of this article that claims that yellen is saying anything like this, and i cannot find that quote anywhere else.
this is clearly a bought position to protect the rich, but its so bluntly done that that they cannot even publicly defend their strategy. unless they really think the average american is a stupid sheep (which might very well be the case) this wouldn't last 10s without someone saying. "hey, this is aimed to fu*k the little guy". and of course, by design, this is the case.
she is the queen of foot in mouth thisease. why not hire a pr firm and a spokesman so she no longer has to speak or appear in public? wealthy blue bloods give not a fuck and have not a clue. why are americans so infatuated with wealth and greed in the first place? do we not see the downside to excessive greed in our culture? we have been worshipping these rich power vultures since the start. we have all of the knowledge and resources available to move forward and create the greatest civilization mankind has ever known. instead we have clueless leaders reeking havoc in our lives with these mandates leading us around by the nose like a horse. us, and all the kids we choose to have are property of the us government to do with as they see fit. the debt alone is going to keep your kids and grandkids occupied with trying to keep up interest payments most of their lives. the powerful politicians and bankers want to maintain the debt servitude system that has rewarded them so handsomely so far. no end or relief in sight for the masses... the only hope is that we can become one of the fortunate, entitled elites one day. those that do generally forget about what life was like as a pauper as soon as they get that first big payday. lol
well she is an utterly worthless bag of shit that has never had any value to society. so is it really a surprise she is so detached?
i got the answer. it's called "they're liars"
just look at her clueless face expression
they turned it into another poor tax, fucking great.
i'm leaving cefi this year i'm not fooling around with all this mess they're gonna see my footprints come to a dead end
this headline is flat out wrong. the proposal is not for transaction reporting. it is to add two boxes to the 1099-int to report **annual** aggregate net deposits and **annual** aggregate net withdrawals from the account. that's two numbers for the whole year, not the transactions on the account. the intent is to make visible the annual cash flow through the account. it should be obvious why the reporting threshold on account value () is low. the account value is only a point in time snapshot that tells the irs nothing about how the account is used. the reportable account value on the day the 1099-int is produced could be low, but the account holder might have run millions through the account over the course of the year. (i do not know why ,000, , or ; i would guess that the irs already has some information that justifies a threshold that differentiates active accounts from abandoned accounts on value.) by identifying interest-bearing accounts that are used in this way, the irs can more efficiently identify potential tax cheats and money launderers, which i assume those of you who are patriotic americans are in favor of. the 1099-int already reports on interest earned for all these accounts, so, this is not exactly burdensome for the banks and brokerages who have to produce it, as they just need to do some simple, trivially automatable addition over the year's transactions to come up with the numbers. [
if it were aimed at billionaires the number would be something closer to say 100,000 dollars.
wdym middle class? the low class have more than 600 going in as well
this dinosaur needs to die already
this is getting ridiculuous, my next limitus test for elected officials is cryptocurrency laws. we need to know their position to vote them in or out. ...not that this is an elected position, but what is poured on the head rolls down the beard then the shoulders.
absolute bullshit. my condolences, usa.
let me save this ….i’m now a billionaire!!!!!
if you want billionaires you made make the number a number billionaires would have. not an everyday number that you'll have to filter through majority of the general population for.
this is ridiculous and can too easily be abused. let's say you have 3 people sharing an apartment. rent is . usually, you're going to have one roommate pay the rent and the other two roommates zelle. their portion 12 times a year. so the roommate that pays the rent is going to have an extra ,400 of "unreported income" and get audited on the basis of nothing.
this is going to cripple the lower class
its because she is lying to you
fuck biden and fuck yellen. both are on their knees for every billionaire out that that is giving them kickbacks.
everyone’s taxes are going up regardless of what other traps they want to add.
this is getting the average citizen ready for the cbdc. if you have had your shit tracked for a few years already you’ll shrug and switch over to the digital currency.
we live in scary times, it’s so important to prepare for the future. if anyone ever gives you grief for crypto investment ignore them. if you take no action today you will get swept away with the masses when it all cyclical crash happens.
fuck this corrupt cunt
governments should have no business regulating crypto
we have a liberal president, what did you think this shit would make sense?
she needs to be trolled wherever she goes out. peacefully yes but that’s the only thing politicians fear is citizens in this faces all day every day. you want to play games? ok let’s play.
she reminds me of an evil harry potter character.
jeopardy: janet yellen answer: what a punchable face look like?
this is for long term holders to pay taxes. it's possible to have spent a few hundred a few years ago and have millions in bitcoin or even dogecoin or ether. i spent . if i spent a few hundred on ether in 2014 or 2015 at the right time i think i'd have millions.
because she is bought and paid for by the billionaires. when they pay you 32 times your annual salary in the last 2 years for "speaking engagements" by said billionaires. who's your boss???
success? it has 600 players online on steam
unless you have some sort of requirement
this is nearly as good as the monkeys.
aimed at billionaires stfu. the billionaire do not have enough, their complete combined wealth is 4.2 trillion and that number would rapidly diminish as their stocks tank. if you taxed them at 100% of wealth you could destroy the entire economy, pay for 1 bill and maybe have even left over to pay all the benefits you promised people one more year.
it’s nothing but a bold face lie, just like how 3.6 trillion is free it cost nothing.
if it’s aimed at billionaires, make it 600,000 transactions
moving all my money to a prepaid card, no more bank account fuck you!
jokes on the irs, i only have .99 in my account!
my significant other sends me 600 dollars every month for their part of rent. how many people in their early 20s have a roommate that does the same. they will most likely see transactions like that and put a tax on them, further setting people back and putting an extra burden on individuals who are already living paycheck to paycheck.
she is the dumbest of the dumb if she actually believes that. or, they are after the little guy. either way, it’s not good for us.
cope bitch pay your fucking taxes.
i’m guessing this only applies to us banks- which upper class can avoid
i think this will lead to people wanting to be paid in crypto and using crypto for daily purchases.
she is a shill and a hack thats why. bought and paid for.
in the next met gala is she going to wear a dress that says tax the poor(more). ?
billionaires do not pay taxes. they do not have income. income tax is a fraud.
yeah but at least i'm dead
i’m sure after this administration anyone that doesn’t believe in hell now will start to.
this is a biden administration policy. she is just supporting it
billionaires evade taxes freely because they use loopholes that are totally legal, how would this stop them from using loopholes? lmao you'll never close those loopholes and even the playing field...
how tf they spew this shit with a straight face is mind boggling
only someone in the top 1%, paid big money in speaking fees from big banks, would say that reporting requirement is for the top 1%. yeah, they are totally being paid under the table to pay their monthly bills while "inflation is transitory." pffft. don't piss down my back and tell me it is raining lady.
she is lying. she is a liar. she knows she is lying. she is being paid to lie.
if they implement this then the millions of transactions will obscure the larger transactions of their friends and they get away with the scam.
it’s almost as if she’s full of shit.
i am sure this applies to all the politicians and fed reserve heads.
they’re corrupt. there targeting the working class. not there elite buddies
everybody knows that only billionaires buy .01 bitcoin at a time.
she is a lying bitch like a billionaire has only !!! the lies!!!
if you've got nothing to hide you've nothing to fear
or just have multiple bank accounts with 599
if this goes on to be a low. i think i will convert all of saving into gold. fuck this.
i’m now utterly convinced that the rich will never get taxed their fair share. because they intertwined the systems so much, that any form of attempt to make them accountable will also hit the lower classes as well. and that’s not even accounting for the reality that crypto will make it easier for them to hid their assets. yea... their doing it now per the panama papers, but why go through such a complicated and expensive route whens crypto is cheaper? i mean hell, there are cryptos well beyond the reach of most normal folk as it is.
seems like a job for monero, pirate chain, dero, and quite a few more. it’s almost like if it’s not private from the start you never will have privacy…
they're pretty pissed about what happened back in january to be frank
she knows exactly what she’s doing. before long, there won’t be a middle class. you’ll either be elite or poor
banks are the gov. they already know every single transaction that isn’t done with cash. they are just telling you now cause if not and then when you find out you won’t be able to do anything legally.
and this cunt is worth like
they couldn’t get banks to report when putin bought millions in art, how are billionaires getting caught? also, if you want privacy, seems like you better get on the crypto train now, because the on ramps will be monitored. payment rails will come out of necessity as everyone onboards.
i’d love to see a movement where people under 45 or whatever age fits with the year social security runs out just stop paying taxes. if everyone did it, it would overwhelm the system. put 50 million people, the heart and soul of the country and economy, in a debtors prison because they didn’t pay taxes? it would be catastrophic for the government and the people would have all the leverage. seriously though, why should i pay ss tax when it’ll run out 15 years before i get a drop of it? other than being a good little rule following sheep, that is?
i won’t report shit they can suck my dick
this is literally a troll toll now.
the old talk em in circles until the time runs out. everyone in congress and the treasury department know exactly what they are doing.
it’s not, it’s aimed at upper mid- upper lower income america the ones working side gigs for cash, or writing shit off they shouldn’t etc etc etc
imagine if this whole time it was a typo, and it was supposed to be 6,000,000
wait what does this mean? i need to pay taxes for crypto if i spend ? can someone explain please?
why is there a picture of a turtle instead of the treasury secretary?
it's like convincing kids that broccoli is going to taste good. "no sweetheart, this is going to be delicious, no baby, do not make that face.
this whole administration is a fkinglie. a pox on all of them!
im not big on american politics, but ill throw my rubber on the pile. in a corporatocracy millionaires and billionaires hide net worth in there corporations. use tax breaks, (ie donate art for write offs etc) this does not affect personal income but the corporation reaps the reward, allowing dividends and payouts to owner of said company. zuckerberg and many others pay themselves .00 a year. no income, no taxes.
because shes a politician so she dosent have a soul
you see, that is called a lie.
“oh shit! i meant to release this part of the plan *after* we had fucked things so bad that .”
i would understand it it was .
the great reset is upon us.
so glad i don’t live in the us. uk is not much better though.
this is some of the most out of touch thinking i have ever heard of.
idk where all this , but if you want independent buying autonomy and privacy, seems like you better get on the crypto train now. the government owes debt on the interest bearing account with the fed. they have to squeeze that juice somewhere, and it ain’t gonna be at the fed’s friends house. 1,666,666 = how many transactions of $ 3.17yrs = how long it would take to transfer 1b if limited to 599.99 every second. right now ,000 is the reportable amount. =100,000 transactions to 1b =.19yr or 2.3months i’m sure bezos is just plugging away his gains on his phone all day. this is targeted at the middle class. they didn’t catch putin’s bank reported millions in art purchased, they aren’t catching billionaires somehow siphoning off wealth through micro transactions (they do just fine borrowing money and not paying taxes on a loan because that’s how lending tax law functions) they’re trying to identify when you got paid under the table or made profit. >90% of income tax is paid by 34% of income earners. >40% of tax revenue collected is made on the 1% they want to siphon the lower income earners, not the 1%. if the target was actually the 1% you wouldn’t be watching gates, munger, dalio, buffet, cuban, and soros supporting it. this is billionaires trying to get you (and i literally mean you since <1% of the people in my feed are high income earners) to pay your fair share of taxes. you have paid the least in income tax. billionaires don’t receive paychecks. doctors, lawyers, analysts, small buisniess leaders, key corporate staff have paid most of that income tax. approximately 28% of all tax revenue annually comes from them. you get tax breaks, you’re on the lower bracket, you get child tax credits, everything is registered as an expense. what did you pay in taxes last year that wasn’t social security and medicare? you’ll quickly realize you paid a butload of bupkiss as a % of your income. single digits %. if you’re making <80k a year, and you’re paying >8% to income tax a. your state sucks b. your tax assistant sucks. wealth class warfare has the poor pointing guns at their own face screaming how this will help their cause.
value and where we keep it will be the next major conflict between freedom and central command government. you cannot continue to counterfeit the currency if people can choose another option. central command government will need an army and a general warrant to isolate and punish anyone who wants out.
dont buy it at all obviously they want taxes from tips and side jobs and hustles. don't be nieve.
one ,000. that's exactly how millionaires move money.
i just want to be taxed less from my paycheck. it’s insane that this is not a major issue, especially with prices going up.
thats a face you can put your trust in
we will find how many times i can withdraw and deposit . i'm guessing bank syatems take 1 or 2 days to settle cash so it will be a lot!
america: land of the free home of the gotcha bitch you’re not free
lmao!! 80% of the people here think biden and his crew are the best thing since sliced bread. must hurt to be that wrong. ' china, stop keylogging me... you're slowing my stuff down.
there are 614 billionaires in the us. it would be much easier to target them directly. this is for people who do not pay attention.
well first you have to start at the premise yellen is lying bitch and go for their.
so i'm fucked right?
"look, the big picture is that we have a tax gap that over the next decade is estimated at ," she continued. "namely, a shortfall in the amount that the irs is collecting due to a failure of individuals to report the income that they have earned." stop spending our money so wrecklessly. problem solved.
they will have to add even more taxes to pay for this crap because all the extra staff to keep track of all this... not to mention all the extra audits that will probably happen. i never thought this administration would be such a clusterfuck, but every day it gets worse with them... they just keep digging their own grave leading us back to the other flip side of crazy
how in the fuck does that even make sense.
this rule will never be used to go after a billionaire or even millionaire ... the elite do not ever and would not ever have to pay for anything... its a new tool meant to squeeze the working middle class plain and simple... irs ... erm excuse me mr and mrs jones but i see you had an outgoing of , and then claimed this on your w2... we'll need that back again and here's a fine...
lol americans in comments section realising that tohey do not actually have any real freedoms.
this all sounds like bullshit to me
she is lying!!!! billionaires are not her target, we are.
i know some billionaires she can crack down on...
this just to squeeze the middle class, this do nothing to the really rich
selling on ebay will be a thing of the past next year. just taking away the few ways for poor people to make enough to keep a roof over their families heads.
if this bill gets approved, i will jave lost all faith in this country
lets see this go to other subs where partisans will carry water for this nonsense. in fact, im sure there are plenty on this sub also. ' they will lie to you about anything and everything
so what the fuck do we do! should we cooreolate send some letters? something! how is it a reddit group could fuck with wallstreet yet not reach these people!
hey, if her screaming about billionaires keeps this from passing...
it will never pass, if it does, 100 million people will be persuaded to withdraw and deposit 600, to jamb up the system. what better way to fuck up the economy than to fuck with the perceived middle class
up is down, black is white
this 600 dollar thing proves to me that the left has contempt for the middle-class and the poor. why the face, . democrats think we are stupid.
that old skank is as corrupt as they come.
the biden administration can get fucked with thats stipulation. i hope they fucking fail for even trying this shit.
real question: do billionaires even use bank accounts like the rest of us? i’d imagine they’d be better off just securing a loc against some of their assets and using that to spend, thereby circumventing this entire mess.
america we need you to stand up to these fuckn lizards!!!
wouldnt billionaires be more into offshore forex and in actual institutions (not petty retail) anyway though? something's definitely weird about the reasoning behind this.
ms. debtfire at it again
i'd say about 95% of the population are billionaires by that logic. they should start with congress as a trial run and see how it goes first.
honestly, they should raise the requirement to -.
she lives in a separate reality. old people often do.
it's a game, and it is rigged. yellen is a liar. all politicians are criminals.
just remember you're more likely to be audited if you happen to be poor or lower middle class. moreover, while almost half of all eitc-eligible filers are white, an analysis by propublica found that the counties with the highest audit rates were “poor, rural, mostly african american and in the south.”
this boomer is full of shit. she’s just helping eliminate the middle class altogether.
she is clearly lying and the lot of you are like i do not understand??? do you think she is going to come out and tell the truth? oh yeah we are just saying we are doing this to get the billionaires but meanwhile we will monitor every single account with 600 dollars in it. but yeah this is about catching billionaires lmao.
that’s the point… nothing to do with billionaires, and everything to do with cryptos ( trojan horse) . its government control, inch by inch until it becomes totalitarian.
i do not understand why these people do not get replaced by younger people
costco is gonna trigger this thing 2 million times every second.
our government is great at turning tiny problems into massive ones.
this nasty tramp is 100percent a liar!
yellen talks, yellen lies. these people are fucking evil.
biden is doing useless things in the wh. he will definitely not get re-elected. this makes no sense.
why is this old clueless person making any statements about technology, yet alone cryptocurrency.
how do we oppose this?
yellen was never pro crypto. people need to understand that she wants to end crypto, she wants to end people having the chance to make a little money to change their lives for the better. not the other way around.
government corruption is so clearly obvious in situations like this . the lawmakers are the millionaires creating there own tax codes to help the billionaires who in turn support them
no one is stupid nuff to beleave that bullshit but they will do it all the hell it will do is open up a black market to get around and these asswipes are to stupid to fig it that out
senior citizens out of the government. they still think .
you know when conspiracy theories come about that the government are trying to destroy the middle class and only have rich and poor and everyone laughs and says no that’s not true they’re there to look after us. ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ how much more of this until you actually take on board what’s been going on for decades. the rich don’t care about this, the poor don’t. everyone in the middle trying to get out the rat race is affected.
these clowns really raised the debt ceiling by adding the increase as a footnote on a bill about physical activity recommendations for the public. term. limits. nobody over 65 should be making decisions for anyone else.
couldn’t be that she’s… lying, could it?
shit like this is why i’m embarrassed to admit i’m a democrat; i’ve been telling people i’m a “libertarian-socialist” for the past 5 years. this is completely fucked.
grabbing some popcorn to watch this crazy shit go down
they just want to fuck everybody
easy, just never use a bank account.
its almost like politicians lie. and the people who said voting for biden was bad, were right all along. gee who could of saw that coming.
it's a tool to further monitor expats, what they are doing, where they are living and whom with. i'm talking about every single expat, makes me wonder about the u.s. being the land of the free. if i would decide to go live and work in some other country my government wouldn't give a rats ass, my wife's government (u.s.) on the other hand.
bro what billionaires only messing around with ?! this is definitely aimed at poor people, period.
because they want the us to be china
if they actually taxed the rich like they should, instead of giving them an enormous amount of loopholes, this wouldn't even be a thing and i'm sure it would raise at least doublewhat this invasion of privacy does
lower and middle income people are going to be the clowns getting crushed with more cryptocurrency adoption. you don’t think this will be totally abused by the wealthy to circumvent taxes?
this troll used to be the fed chair. now she is treasury secretary. why would the usg hire a private banker to run the treasury dept? she is still working for the same people as before, and so are they.
it's all a lie, still sheltering the rich and would probably use the data to raise taxes on the middle class as usual.
they know exactly what their doing. shame on them.
the trick is. don’t make any money.
no such thing as xclassx or not, moneyx doesn tmatter, ceptuxyuax ,perfx nmw
off with their heads.
i think crypto is a nightmare but i dont like the fed either. crypto tries to hide behind bankers corruption all the time.
because your average joe isn’t allowed to make more money than someone who got a small loan of 300k to start their own business and become successful and then start avoiding paying taxes. it’s a system that’s been rigged in the favor of the rich and always has been.
we need to eat the old & rich. we are progressing at a much faster rate than they are even capable of understanding. i want 35-50 years of age be the limit for political offices. you’re young, & current enough to understand. all these old heads cant even explain how an e-mail works, & yet they’re trying to make all these bullshit rules.
joke's on them, the
"don't waste your vote!" "third party isnt viable!" "i'm not voring for x, i'm voting against y!"
ummm….everyone catch it? “treasury secretary janet yellen continues her pitch for the biden administration's proposal that would require banks to report inflows and outflows of accounts with more than , insisting it is aimed at wealthy people while saying "there is a lot of tax fraud and cheating that is going on.” ? what account does that not include??
as an aspiring billionaire, i can tell you that . my evil plan is to deposit .5 million days to hide my future billionaire status from the irs.
if i was a billionaire i would have to have 166,666,667 bank accounts with less than . who's going to do that? certainly not a billionaire. our government is run by idiots whom want to fk over the little guy every chance they get and protect those with the real wealth. little do they know us plebs are not all idiots. off shore banking should not be a thing, but is. how about the treasury dept starts looking there. oh wait that is out of their jurisdiction, i guess they need to take out their frustration on the poor. somebody with some actual brains needs to replace this idiot.
time to start taking your cash outta the banks fellas
. this is nuts. who does not move ? i fail to grasp how this effects billionaires. i think i'm more mad about how they are saying its for billionaires but its obviously just widening the net to tax more little fishes like you and me. we're not the problem here.
**"but it is important to have comprehensive information so that individuals cannot game the system and have multiple accounts."** ' wonder how much it will costs to create multiple accounts ?
the irs systems are a decade out of date. they would need to build huge data centers to capture and store this amount of data. and then i wonder about data protection and security…
this will also target a lot of gig workers and those who work under the table. that is who i believe this legislation is crafted to go after.
what middle fucking class?
yellen said they don’t track individuals, they look at aggregates. if that is true how do the find the offending accounts?
she really thinks we are all stupid as fuck
yellen is a criminal
the top comment on this should be to speak up and go do something about it. don't just sit here and try to karma farm. stop making stupid jokes. you have the option but you choose inaction. you say you have no power but you do as a whole. this such blatant manipulation for a shill who has not even taken the dick out of her mouth yet.
i do not understand why they set it at .
did not literally everyone get more than ? weird...i mean, most people i know get taxes taken out automatically, it is the really wealthy not paying taxes because of write-offs, debt, etc
this ’re worried about not being able to hide untaxed income in crypto that’s a little unethical.
it's because anyone moving . '
this old hag needs to go
who paid her speaking fees this time?
itd be tight if they allowed us to pay taxes in crypto and if you run a node that would cover all your taxes for people under a certain threshold. our income shouldnt be taxed below a certain threshold either. id like to envision a future where we can make life easier for the lower ring of society and provide more opportunity for upwards mobility. pretty sure its by design to keep us desperate and working jobs we hate for purposes that are superficial at best.
hope it is been pointed out before my comment. the government knows all of this already. they know your taxes. now let us go up to the real deal and you just send me what my taxes are. don't make me jump fucking multiple hoops for shit you already know.
and the thing is, a majority of 'muricans will believe the old bag. they are the same ones that also believe this economy is the best ever and let's go brandon's approval is at 90%.
this is extremely simple - all the poor people, together, have billions of dollars. the title is correct, this is to destroy middle and poor class and to force everyone on the government social benefits. the only property and resource owners would be corporations (since they are not people) and government itself.
pissing on the little guy, but at least he is calling it rain. sorta. pathetic.
she is a dumbass dinosaur who needs to retire. how the tf you going to hold the position she does and protect banks over people? disgusting.
can someone please clarify this? is it that any crypto account with over 600 usd transferred into it needs to be reported, or that any crypto account withdrawing over 600 dollars will be charged a fee? i don’t understand the wording.
if you move 600 dollars the irs considers you a millionaire.
yeah only billionaires would have
they musta left a few zeroes off that number then….
it's not aimed at billionaires, it is aimed at you, that is it.
the same woman that took millions in bribes. okay
solution? take all your cash out of banks and deal primarily in crypto. that will show em.
wait… does this mean that if i put in 600 that means i’m a billionaire? if so, i’m putting in 600 in bat to be considered a bat billionaire
yellen is one of the worst people to hold that position in a long time. >"if someone reports an income of ,000, and they had , that tells the irs that’s an individual that you might audit." so what happens if, say, someone had 3 million dollars in their account last year from a lottery winning that they paid taxes on, made 120,000 this year, then spent 3 million this year? are they going to be pinged for auditing for legal activity? i did not vote for this and is a serious breach of privacy.
why do we bother reporting anything when billionaires pay no taxes. why come after the common man and nickle and dime us to death.
there’s zero reason the irs should have this information.
the , in fact, it should probably be lower. something like . this would severely slow down people with criminal intent, as they would have to make several transactions of less than , while not bothering the average joe (as nobody is spending ).
i believe in the truth and do not believe in these so-called remarks. i will invest myself and do very well, and the income is also very good.
it is aimed at billionaires. it is yet another rule to please their billionaire friend. so they keep her in power.
it's all about stupid people doing stupid things who hold way too much power over others.
yellen seems challenged by numbers. she might be in the wrong line of work.
you get my award because this is insane.
we have to build more applications and infrastructure on crypto until we are idependent from the «standard» economy
maybe it is for their protection?
to the shock and awe of no one, it would appear that yellen is lying...
liar. the actual . their bank does via new fields in their daily fedline files. you the account holder will never even notice anything.
lot of people bitching and groan but even if it passes. no one will do anything about. they'll just keep bitching like usual.
this doesnt make sense
i'm only commenting on this to see how much comment karma i have in this sub. btw . anyway, i do not really care. just checking my comment karma.
the lies they tell still amaze me.
please stop yellen at us
wasn’t she the chosen one?
you don’t fail to understand anything. there is absolutely no reason to set this arbitrary number except to go after the little guy. to a billionaire, ’t even a rounding error on a hotel bill. they wouldn’t waste the effort to transact in such small amounts, as it would literally cost them more in time value to do so. fuck janet yellen, fuck the fed, fuck fiat. let’s go brandon!
this has absolutely nothing to do with billionaires and everything to do with trying to find dirt on every person. they are not only taking freedom away from us but going to use this to go after people. not good for anyone
yellen is nothing more than a trash puppet.
i read this and lost one of the three brain cells i have left
it sucks for all the small credit unions that will have to abide by this.
it does indeed impact the wealthy by making structuring much harder to do but she also needs to be way way less sketchy and slimy about explaining that if that is her idea (which i'm not sure it actually is at all)
how much was she payed my citadel for some dumbass speeches? 🤔 gtf dumb fuck 🚀
land of the free and brave lmao😂
i’m glad to see so many are leaving behind politics to fight the true fight, rich vs non-rich. hold these corrupt leeches accountable
yellen isn’t fit to make a sandwich at subway
fuck her, she can’t tell me what to do. imma grown man.
she was paid millions in speaking fees by citadel and other elites. she’s paid to keep their money safe, not the 99%.
they genuinely think we’re this stupid guys… it’s for the rich they said. nancy pelosi told me it was for people not paying taxes, criminals in other words. she never said millionaires or billionaires.
they want to go after any financial gain from anyone. you make some extra crash they want to tax it. there is no gray area here.
i don’t know any billionaires that use venmo
your first mistake was thinking the logic behind this value would be perceptible. your second mistake was thinking the people in charge of creating this bill had your interests at hear or actually wanted to do something that would impact billionaires. your third mistake was using logic to understand the situation.
she is full of shit. it is aimed at the working class. billionaires don’t think they should have to pay taxes
billionaires spend . it’s aimed at us all.
i kmow its not a political group, but i wanted to say "the democrats are republicans in disguise.
i heard part of a conversation between her and a senator from wyoming i believe, they want this 600, and it is our fault, not the billionaires pay next to nothing in taxes
81 million votes for this.
in other news, chocolate rations went up to 20 grams.
i really detest the way she flips her collar up on her jackets like she is some kind of eastern european countess or some shit
great, now my adrenaline is up that’s the corruption we’re ‘fighting’ with decentralized finance. not our friend monitor our every move. we’re the problem.
someone needs to mail this lady some extra zeroes to put on the teleprompter. bless her heart, she is looking like a fool
did you vote for biden? bc this was a foregone conclusion with him and those biden voters who also invest in crypto should have known better
ahhh the sweet sound of the government doubling down on tax evasion by everybody but the rich.
look forward to reading her obituary.
i think she’s trying to make certain the banks don’t lay people off…keep them busy reporting all transactions over ! ludicrous!
is that the network presidents daughter on “30 rock”?
they're not even trying to hide what they are doing now.
did she call ex-president hollande ? i guess not. he has experience with trying to tax the ultra wealthy: they moved out of the country or they organized their wealth and income in order not to get taxed in france. in the end france got less tax income from wealthy people.
according to that article, banks would have to report any inflow or outflow over . so even when you just pay rent, your bank will have to report that. bitch just wants to create more work for the irs haha
does this mean if i sell something like a guitar i already own, and use the cash to pay down my credit card, it can trigger an audit? am i missing this?
... only cash out 500, i suppose?
the same banking benefits bîtch that wanted to tax crypto at 70%!!! we know exactly why she wants these new regulations put in place
oh come on now, this cant happen amd would be terrible
and people think i'm crazy for not liking cards and banks.
who knew govt would start regulating things? shocking! infuriating! tyranny!
so stand up to these cunts ruining the countries we all live in and trying to regulate the crypto we all love. fuck these assholes. they're just pissed because they cannot figure out how to collect $. same ordeal with the bootlegging of alcohol in the early 1920s. they saw the rise in how much people wanted it and wanted a piece of the action... now we have alcohol tax. same goes for legal marijuana, it is taxed beyond belief.
i'm not rich and i do more than ... yea i agree wtf yellen!
billionaires spend 600 on the maid for theyre pets service. pshhh, time to bring back the guillotine treasonous politicians
. you still have to pay taxes even if you only make five bucks. everyone is taxed the same, there is no exemption for making less than .
the tax man commeth for your crypto.
nice i'm a billionaire now
if i’m not mistaken the current tax code penalizes any employer that pays a contractor-misc ’t report it to the irs. if a contractor receives pay through 1099 of more than . r
i would love if she fell down a well.
it's almost like our government is set up to make a few people free from responsibility (of any kind), while the rest of us slave away for peanuts (while being taxed), never really seeing our shackles. because how can you truly know the way this system fucks you, if you are too busy trying to survive? try and imagine how great your life could have been, had you only been allowed to keep your hard earned money. i might have a house, a kid, a savings...but no the dragons need their gold. p.s. welcome to my ted talk.
that’s the thing... does anyone actually trust the government to raise taxes on the higher wealth class and not the middle class? even if it went smoothly and the wealthy was taxed and the middle class taxes weren’t raised, it would most likely be passed down to us via higher prices of goods and services not looking too good
this is just fucking insane and out of touch.
1 billion divided by 600 is roughly a lot of email accounts to open up i think the billionaires have a better strategy than this
that's because it is not meant to go after the billionaires, its only meant to hurt the middle class as usual with this dinosaur at the helm.
for someone aiming at billionaires, she’s aiming really low…
you've misunderstood what the reporting requirement actually is, and yes, it will help to thiscover rich people that are hiding money. it may affect "regular" people to some extent as well, but not nearly as much as rich tax evaders. the reporting requirement is simple, any accounts through which . so, if an account has maintained a balance of , but every month there is an inflow of , that account will be reported to have a total "flow" of . the reason this reporting will help to thiscover rich tax evaders is because currently many of the rich tax evaders are using small transfers to hide large transfers. currently, rich people can transfer . this makes it easy to setup one or more accounts to make transfers of . just a single account operating under these restrictions can move .8m in one year (+ ). under this proposed change, rich tax evaders would only be able to transfer , which effectively blocks them from using this loophole to move large amounts of money around undetected. that is a huge benefit to the irs in their ability to detect and prosecute rich tax evaders. this has little effect on us "regular" people because we are not moving millions through our account, the irs does not care that we moved a few , they know we pay rent and utilities and such. the irs just wants to know when an account has moved lots of money using small amounts because this is a very clear sign of fraud.
a lot of details in this package are very troubling. politicans that are not going to live long enough to be effected by these rules should not be making rules.
ah yes, the billionaires with 601 dollars. totally a massive threat to us economic.
how can i possibly report every transaction...fuck them ima start using cash and getting paid in paper checks, bunch of quacks.
she’s a complete shill pos
this is basically a perfect example of old people in power doing crazy ass old people shit. if you’re over sixty five years old you shouldn’t be making decisions about anything except choosing between sizzler or red lyons for dinner.
why not just concede the 2024 election now. saf. could you possibly act any dumber?
i wonder how much that blouse costs.
doesn’t your exchange condense it down to a single form? mine does.
need to find a boss willing to pay in xmr.
i do not like her face
the mafia has become so old its senile.
wtf. i'm totally against this!
she belongs in prison
so if the government taxes unrealized gains; will they pay us for unrealized losses? i think not...
the only real job she is qualified to do is push up daisies.
the thought process ... ‘target the wee people ... there’s more of them ... let’s just screw them a bit harder ... it’s not as if the can do anything about it’ ...
good thing i live in a country where shops actually accept crypto unironically
i mean they’re not even hiding it anymore
its a decades old trick. they swear its for corporations then immediately go after poor people who cant defend themselves so they can fill the prisons they hold stock in. see war on drugs for example and the illegal unconstitutional "structuring" they use to go after anyone who speaks out against big government, mainly conservative christians. (see kent hovind)
so….basically what all of you guys are saying is that you’re all tax cheats? what am i missing here?
you already are supposed to be reporting every crypto transaction (*except a purchase with fiat currency).
these paid off appointees(aka hacks that nobody voted for) have always been liars… but they used to at least be someone convincing in their deceits. nowadays the lies are so obvious & blatant. i’m becoming way more resentful every second towards the blind followers who allow this to transpire. how did so many of our fellow citizens end up so gullible & spineless…… smh time to wake up and grow a pair
its aimed at helping billionaires. bezos should not have to compete with some slob on ebay. if you do not vote republicans then you asked for this. who you vote for and how many fraudulent votes are counted matters.
you guys should turn off fox and read up on what the proposal really is. [ it's a complicated over all monitoring idea to try and catch tax cheating and money laundering. it's also an opening proposal that would have to be codified into law by congress.
ironic that, after all the ruckus they made about trump’s taxes, that they’re attacking crypto holders who are comprised mostly of the people they campaigned support from. …or are they tone-deaf? …or simply stupid? either way, they’re shooting themselves in the foot - as is has been democratic tradition since clinton got down with a bbw.
there are a lot of people in this thread that did not understand what she said at all.
this sub has become a political circlejerk.
its hilarious seeing all of the folks getting super butthurt about this like they actually read the article and understand the process in use. cry about it more.
i am not reporting shit. come at me bro
why did trump choose yellen in the first place? biden should remove her and put someone else in charge that looks out for the people.
can we please ban misinformation? so many people in this thread and the title is complete misinformation. it does not belong in this subreddit.
boohoo you guys have to pay taxes on your gains just like every other capital asset holder. the absolute horror.
lol the article quoted fox of course they’re gonna spin things. this will not affect normal folks like you and i. it’s too much work for little profit.
500 comment karma required to post misinformation like this? come on mods. the title of this post is not correct, is misleading, and needs to be changed.
lmao and these people get paid by your tax money. while there is a lot of poverty in the us. gotta love our beautiful systems.
when i see her name i think of this:
so does hurt us by making us pay more capital gains taxes?
“we” don’t have to report anything. jfc, this won’t impact the majority of us. when i deposit or withdraw over , i don’t have to do anything. this will be no different.
old people these days don’t know what are they even saying
sometimes the people in this sub make me terrified for the future of our species. there is *so much* misinformation in this thread being sowed, repeated, and celebrated. at least half of us would jump behind any reason to call the government bad. **you’re being manipulated.**
the democrats are a bunch of lying thieves! they are out to get rid of the middle class society. it’s either be rich or be so freaking poor your vote for democrats is the only way you can survive.
here's the proposal for those who failed to understand it. if your bank account have a balance of . then the bank will send the irs the total in. example: total inflow: ,235 total outflow: ,325 total cash in: total cash out: it's not a transactional detailed report of every transactions above the .
if you have 1 or 2 or 3, 600 dollar accounts you'll be fine. if you have a hundred, or a thousand, 600 does not amounts then the i.r.s. needs to look at your tax records. ffs this is not hard. listen to the people implementing it, not the people trying to shill for the tax evading 1%.
kinda aimed at onlyfans and people that sell nudes. i see them taking the biggest hit. as well as people that sell on etsy, ebay, merceri, ect... and people that use venmo and paypal for their transactions... regret voting for this administration yet? nah. orangemanbad. mean tweets bad.
the wealthy get around reporting shit by moving around "small" amounts of money. by lowering the reporting thresholds it makes it harder for them to fly under the radar. i started trading crypto early this year and i document every single trade, loss, and gain. i've only made a few thousand, but i already document everything just to avoid any possible problems. i do not understand the people who are against reporting requirements. everyone wants things to be "fair" until it directly affects them then suddenly they are being singled out.
>this is insane ...while you do not consider the source
it doesn’t do any of the things you say in your title, but sure.
only like 4 people actually read what's going on, and the rest of the commenters are either lying our ignorant. this community is so toxic.
exactly, if , and not . what the fuck
there is already a ,000 rule in place that would catch this.
because . once you get a taste, you just want more.
if you're trying to target transactions of . all this tells us is that they are targeting the people who make . they say they are targeting billionaires but their actions show us that they are lying.
i understand perfectly, she thinks the people are idiots.
this is great. while we are at it maybe the irs can explain how members of congress who have income of ? asking for the american tax payers.
what could , ten dollars?
i’m just not feeling the “trust me” vibe from treasury, sec, or dem congress this year. no.
oh she means nancy pelosi and her super accurate stock picking husband i'm sure...
i think she might have mad cow thisease. or greasy palms from all those bribes she got.
> i do not understand how she is explaining this away. she doesn’t care about that, because the media will never hold her accountable for her nonsense.
makes no sense, i’m still trying to figure out “fair share”.
if you spend , for a total of . i do not agree with this tactic, but that is what she is explaining
she is just one of the many puppets. what a swamp...
she claims it’s so people can’t game the system with multiple accounts, but that makes no sense. how can a billionaire “game the system” if that number was ? is a billionaire going to set up over 5,000 accounts with ? might over 5,000 accounts arouse suspicion on the part of the ira? this is clearly a lie on her part that she is **not** targeting just billionaires. also, despite being even, . why not ,000? *where is this number coming from?*
freedumb usa usa!!! 🤡🤡🤡
she’s expecting us to be stupid af
what to expect she has been paid millioms by hedge funds while working for gov. they are all in to screw the little people
she is talking to sheep
cleary she is a whiz at math and knows something we do not when it comes to basic addition and subtraction. if only we were as smart as she is!
lol exactly... if i had 3m going in and out go ahead and tax my ass... i can afford it... mfkin 600 my weekly pay check. wtf you need to know about my broke ass trying to make some crack change on crypto... fkin assssholes!!!!!
shes obviously failed highschool maths... billionaires invest millions, the working class invest hundreds and thousands
some people just shouldn’t be allowed to talk. how she has gotten where she is should be a reason for some rules to be created.
because she’s attempting to mislead people. this is aimed at the middle class.
because she is a thishonest piece of shit
bingo. it would already be reported under the current laws because it is above .
they are just preparing you for cbdcs, no reporting needed anymore because they will see everything
that’s because you are thinking. just don’t think about what she says and it will make more sense.
600 dollar and 10 million dollars are closer to each other the 10 million and 1 million dollars.
is she fucking dense.
and i thought i was dumb. it's good to know i have a possible future in government.
they think we’re all complete idiots cause they keep getting away with it
everyone’s over here trippin about the sentence she uses to make a point when there’s no point to be made but smoke and mirrors lol
she is shilling for banks. is their interest to see crypto fail. no competition.
because 600 is the minimum limit...anything above 600 will be reported
because they really are after you and everyone else.
i love that you guys take issue with this and not with the fact that the irs is so gimped at this point that any changes will be as near as makes no difference unenforceable.
this requirement of reporting every -based companies, like crypto exchanges or affiliate marketing networks?
the rich will always protect the rich & throw the middle
she is not explaining a damn thing that is a con man's tool commonly referred to as doublespeak, doing a whole bunch of talking and actually saying nothing about a subject sums up what ~~she is~~ it is doing in this case.
as a person who works at a bank, it is exactly what happens. yellen is right. the idea is to make it so low that it is hard to "wiggle" it.
ever have an argument with your friends and you knew that what you were saying was totally wrong , but you kept sticking with it? this is what she is doing. she know's its a fiat(a lie) and it going 100% in!
it’s not individual transactions. she’s probably referring to large numbers of reactions of .
then your not a loser politician. they've been doing this for generations.
because nobody in the media will say "you're full of shit"
it attempts to focus them back on the wealthy. these are smart people who know exactly what they’re doing.
what she’s trying to say is if somebody reports a low income level but has millions of dollars in transaction activity go through their account than that would be a red flag. i understand what she’s saying but i don’t understand how this would apply to billionaires
my understanding is that 600 is the lower limit. there is no upper limit. in effect it means that all bank transactions will be reported. this is sweeping with a very large and fine broom. parsing out statistical anomalies that point to fraud and evasion.
that doesn’t make sense because the irs only gets reported the balance of the account at the end of the year. no transaction history. the 10k thing is if there is a transaction above 10k then they have to report it, you can still have 3 million move through an account with a balance of 500
if they were really focusing on billionaires, the transaction limit before they start caring should be at least .
will they not just add all the ?
because it introduces noise. if you get a report every time someone pays their rent, it will just create needless work for the irs that will keep them too busy with easy-to-prosecute lower and middle-income folks to go after the real evaders. they'll still get their money, they will just take it from the regular folks doing what they can to get by, while bezos and his ilk continue to fleece the country at scale.
she is not trying to explain but to confuse. the classic mo
because billionaires have no problems opening up hundreds of accounts. they already do to avoid the 10,000 reporting limit. they want to look at the aggregate activity, which will cue them in on synchronized accounts, which is an indicator they are controlled by the same entity. maybe if you guys thought about something other than yourselves for a moment, you could figure this out.
i'd have to look at more of the context, but i believe she is not referring to 3 million as a single transaction. she is saying with these new requirements they would be able to see that 3 million leaving the account through smaller transactions and then see things do not add up. i can see the concern, but i also do not see how you can go after billionaires with a high limit. they'll just find a way around it. i'm not arguing it is worth it, but i see why the limit is low.
shes not even trying to, because her audience are wealthy, or ignorant, or both. she is not telling us. she is telling her base. and they are all laughing all the way to their dividends
what i also do not understand; we have to report every transaction our selves or is it our bank that does it automatically because literally everyone's rent check or mortgage payment will trigger this constantly and i'm definitely not doing extra paperwork... lastly - anyone else think this is just to counter the funding increase the irs got? the argument has always been that they are not dumb just severely underfunded and under staffed... so now they have funding yay, go get those dollars the system has been owed for decades! ... oh wait, someone changed the "alarm signals" and we have 5000% more things to review aka back to square one... it will be sort of like the boy who cried wolf, or rather that if literally everything is a problem then there is no problem 🤷‍♂️ i just hope there is some very enthusiastic data science nerds that are peeved about the corruption and they either go to work for the irs or already do... make some good sorting algos to ditch the 🍻🍻
corrupt government officials lie because they are sociopaths.
she thinks people are stupid thats why it doesnt make sense
i mean we always could all just not report it and then write a letter to the irs saying “i inadvertently misreported capital gains. please grant me fta “first time abatement” under (insert the section here) of the tax code.” it’s that easy - love your friendly tax accountant edit: only if the irs mails a letter to you. this isn’t tax advice
she’s talking to the people that reason emotionally rather than facts and logic. so, most people will accept what she’s saying at face value
the ,000 is the example of the amount in the account. the . still a big difference from
it’s bullshit. they’re going after the bartender.
because the people in power are so far removed from the everyday person, and even further removed from reality.
to advocate for the other side. when the bar is set low then the rich people cannot just do 1 million smaller transactions as i would do if my bank account was not -0.22 and i was trying to avoid taxes.
after listening to yellen and reading the article, i think there’s a lack of understanding in this thread. the bank’s reporting requirements are on accounts with . it’s not on transactions or transfers that are . > treasury secretary janet yellen continues her pitch for the biden administration’s proposal that would require banks to report inflows and outflows of accounts with more than , insisting it is aimed at wealthy people while saying “there’s a lot of tax fraud and cheating that’s going on.” this is her statement. now, using the example with 3 million dollars, it sounds like cash transfers used on accounts that report less incomes than those transfers (3 million transfer compared to 10k income) then it would signal to the irs that that account should be flagged for audit. the thing that signals this is the comparison of cash outflows to income. not the , as that’s the minimum account balance needed in the first place. not the signal itself.
because she thinks we’re morons. this is to go after working folks with side hustles.
a good question raised so far that how come they might audit.
because the media is misreporting this proposal so you’re misunderstanding it. the proposal is not to track every . the proposal is to track the inflows and outflows annually of bank accounts that have asset levels above . so yes, if there’s an account with , that is a red flag for money laundering etc that the irs should be aware of.
so this is happening?
because the ’t coming out all at once in one transaction
take a look at this old bat...every democrat looks like they have been to a rodeo and had the shit kicked out of them and retired to be clowns. these people are insane.
it’s democrat math. the same way 3 trillion dollars is actually 0
more theatrics to pretend that they do not want to stifle the middle-class at the expense of the rich.
she is older than my grandma she should be making cookies and falling asleep at 430 pm
paid off old hag...puppet for billionaires that wanna fill there pockets even more!
perhaps they use many small transactions to hide it? literally no idea just speculating.
i know i'm late, but they will use this to audit middle income not high. the 10,000 reporting limit already exists. this is to catch salary workers not reporting gig income. they still would not audit big fish with lawyers, just small fish that gig on the side.
makes total sense… because billionaires use checking accounts… rightttt. hell no, they got that stuff in offshore accounts no doubt.
because she is lying about her motives. nobody should believe her motives. or the motives of anyone pushing this provision. the irs is already not going after the big fish. this provision is designed to go after the people it is targeted to go after. the irs wants to crack down on gig economy workers. the ones who can’t afford tax lawyers. easy pickings.
because they’re people who have built a ton of connections and have a proven track record of doing what their donors want done. gerrymandering is also a huge problem, as most thistricts are super secure for one party or the other. so once someone gets in (who may only be like 50) it is very hard to vote them out. in most thistricts, the only way to get rid of them is a big scandal, and even that isn’t enough sometimes. and finally, our hero worshiping has come to a crescendo in this country. once someone has name recognition, it’s like fighting against a tidal wave for anyone new to worm their way in. there were much better presidential candidates for both parties in 2016 and 2020. but the person with the most name recognition won all the primaries. it was really an aberration that obama somehow got in in 2008, but it turns out he was very willing to play the political pay to win game.
cant wait for that generation to die out
because they refuse to give up power. the political groups only elect older and older boomers and the silent generation who want to maintain the status’s quo.
lol tru and do not understand anything about new technologies flash back to every facebook congressional hearing
imagine ordering for the table right before leaving the restaurant.
if this dinosaur was any older, she would turn into oil. i do not understand our fascination with electing people who will be dead before they get to see the consequences of their actions.
to be fair, we didnt put her in charge, we put the 80 year old in charge, who then put all his 70-80 year old former co-workers back in charge. ye old revolving door politics.
why are we still using a system with representatives when it is proven that they rarely represent us?
we need young mins not dinosaurs.
screw it, i'll do it too. screw the irs.
it’s in aggregate, not individual transaction
that wouldn’t cause any additional paperwork. it isn’t per transaction. the idea is for banks to report two numbers at the end of the year: total in and total out if net positive cash flow is over . the irs doesn’t give a shit about it unless it’s way more than , but if they make the red flag amount the limit, people will just open multiple accounts holding that amount… it would be silly to open them for , thus- .
boy, you're dumb. not only would that not do anything because the reporting is annual, the reporting is also on accounts with a net change of , whereas yours will have a net change of , and they would not even report on it. you'll have wasted a bunch of receipt paper for your bank, and a bunch of your own time, and nothing else.
and nothing will show up, because that is not how the proposal is lmao
did you even read what they are proposing? banks would report an aggregate amount of inflow and outflow in your account. the more transactions you do doesn’t matter; it would just give them an aggregate amount at the end of the year. , any higher (say ) people will find loopholes, multiple banks, multiple accounts. the . for example they could see you have a - red flag. i get why people are upset; makes it harder to skirt taxes, but it’s a logical proposal from a tax collecting agency who has been missing collecting a lot of taxes lately.
unfortunately i believe this is probably good for them. they'll need increased funding and we'll foot the bill with even more taxes. more funding = more power.
this is exactly my question. the irs can barely sustain its existing functionality. how can they realistically track all this? the answer is they cannot. so what is the point in the first place??? watch them print more money now to fund the irs because "the irs is not getting enough support" only because they made everyone report ... for fucks sake i need citizenship in like switzerland or something. this place blows
you do not need to do that. the law monitors inflow and outflow. you can set up an automation with most banks that transfers . with my bank you can set up to 10 daily automations like this. but honestly the best way for americans to protest is to organize and not pay taxes. that's literally how our country was founded. what's more patriotic than that?
you're part of the problem.
grab the pitchforks everyone!! im with you
nice. i will do the same a couple times a day.
maybe you should use that cash on localmonero.co to pick up a crypto that her prying eyes cannot crack
pretty much how the scientology people won against the irs
a person won’t actually look at the transactions. it will be an algorithm.
lol. it's almost like you have no idea what this law requires. irony here is, your 'plan' wouldn't hurt the irs. it \**might*\* hurt your bank, who would then raise your rates ... hurting you. keep us all updated.
let’s all do this. fuck them and fuck this invasion of privacy.
exactly, analog ddos their stupid fucking system.
they would not ignore the power of mass redditors.
cool. you’d be wasting your time cause that’s not at all how the proposal works. but good for you.
maybe that is the point. if the irs has better funding, but terrible time wasting policies, the rich still win.
i'm going to keep .
how do the tax rules on this even work? am i going to have to justify where every dollar that goes into my account comes from if it is over ? what counts as good enough justification?
no you would not. you'll get tired of that real fast.
dumb question, but this only applies to us banks right? if i open an account using a bank outside of the us the reporting requirements wouldn't apply?
it is not per transaction. did you guys read the article?
that’s not how the new rule works. it tracks aggregate inflow and outflow. you’d just be wasting your own time as your transactions would cancel out in the aggregate and never contribute to the threshold for reporting.
everybody on board the " fuck the irs" band wagon
so what you're saying is you have a side hustle raking in 're not reporting taxes on? is that what you're saying?
it'll work if enough people get involved. ask scientology followers.
just open 2 checking accounts and have your check deposited into one then auto transfer 600 to the other.
that’s the point. the irs already doesn’t have the resources and manpower to prosecute financial crimes. believe it or not, the irs aren’t the bad guys. they don’t go after the big guys because they don’t have the resources to. this opens the floodgates. it’s meant to further defang the irs without seeming to defang the irs. ironically, you’d be doing exactly what the people who paid for this legislation want you to do.
fuck yeah man, let us do it
set up daily automatic transfers between your checking and savings accounts for .
wow look at mr money bags able to withdraw 700 dollars a day
i dont think they look at it, just file it away if you ever get audited
i will split my account into however many accounts of .
im in. start a page for it lets all get in.
it’s unlikely this will mount to anything considering the reporting will be all automatic and computerized.
the real way to do it is to start a company that just automatically makes accounts for people so they always have <600 in each account. it’s such a stupid rule made by stupid people who don’t understand how anything works or they do and they just want to fuck poor people. actually i’m pretty sure it’s that one. oh well
i do this at the casino all the time. unfortunately i rarely make it to the deposit part 🤣
you are…. evil… and i like it.
i will do it too!!!
if they are trying to get reports on every transaction over , it’s safe to assume they have a system in place that would manage the operation by itself.
this is how you fucking protest. this is how you get things done.
this is why projects like monero will be instrumental in the future i think.
haha whew, i just sold my crypto for my primary residence
banks do not take crypto as collateral. i had to sell mine and transfer to my bank as cash for a loan. i asked the bank why my crypto stable coin balance was not enough, and they said because it was black market money 🤣🤣🤣
the whole taking loans thing only works if your underlying assets appreciate, and at some point you are still selling the assets and generating tax burden. you’ve just kicked the can down the road, not made it go away. it ain’t a tax loophole, it is a leverage play and if you don’t know what you are doing you probably don’t want to do it with leverage.
it's not even targeting whale money in crypto. imagine thinking whales are day trading on coinbase with their boa bank accounts 😂 this is aimed squarely at the average joe who lost his job in covid, lost his savings to inflation and medical fees, aped his last , thought his life was gonna turn around, and now will be hit with a costly audit by the irs
>don’t sell your crypto for anything other than paying for a primary residence. ...which props up the real estate market, which is what they want; wall st. is balls deep in real estate. you just went from step 0 to step 1, banks are at step 10. if you wanna win get more sophisticated; or else just deal with it
im not even convinced selling crypto for a primary residence is necessarily the way to go these days...
they’ll be dropping it to ! edit - just noticed it’s per year!
lmao even my minimum wage paychecks are more than that
with the current requirements being about , this would drastically hinder any ability to move cash quickly... 10 transactions/... much less convenient
that is not what this will do. it will look at total going out and going in, after a full year, in accounts with over 600 dollars. "we rate the claim that the treasury department 'declares' the irs will monitor transactions in all u.s. bank accounts over , based on our research. the biden administration has proposed monitoring accounts over , but the only figures reported to the government would be the total inflows and outflows for the year – not the size and nature of each transaction. and the treasury cannot simply "declare" this measure, it must be approved by congress."
they always say these things are for *our* safety, but i have the feeling they mean it is for *their* safety
youll own nothing and he happy
politicians lie as naturally as they live and breathe. can’t trust them as far as you can throw them.
the "for your safety" narrative is the most common excuse i've seen to keep poor people poor. they'll try to stonewall you from as much risk as they can because, surprise, exposing yourself to risk (prudentially ofc) is how you make money. but it is much easier to tell us we're smart enough to earn money but too stupid to use it.
this exactly! it's not to get the billionaires. it's to fuck over the average american! say i have a rental property i get my rent in cash. well the person paying me in cash now has to report it is for rent now i gotta pay taxes on it. don't trust the government to have your best interest. they promoted smoking was healthy. poisoned alcohol during prohibition. edward snowden exposed that the cia and nsa document everything were doing on our phones. the list is endless.
"those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety." -benjamin franklin
and 'just wear a mask for two weeks' turned into shutting down businesses and forced vaccinations.
"safe and effective!" 👀
no war but class war
no shit. that's what i've been telling people especially when blm started to take over. they want people to fight each other so that we wont go after those on top. people are so easily controlled by the media and social media.
it's the bottom that generates all the power
yup, if catching billionaires is the goal, then they will have more luck just going after those who go on space flights rather than this but... catching billionaires is not the goal, the goal is to get middle class to report everything so that they can ramp up tax fraud charges against common people and put on a "we are doing gud" show... while the billionaires laugh
billionaires: "? so the price of a banana?
even if that is the case, a . if you were trying to evade taxes on your millions, it would probably be more expensive to set up that many different accounts to spread your money across. no one is draining 200+ accounts when they’re buying a ferrari. this is simply an absolutely absurd scenario.
just so we're clear, a billionaire would have to be operating *at least* one million micro-accounts for her narrative to be true. most of these billionaires have better shit to do than manage millions of simultaneous crypto portfolios with some esoteric philosophersstone.exe program.
how is having multiple accounts gaming the system? nothing she has said makes sense.
you have to monitor all transactions to find the . it’s just a way to make monitoring all financial transactions the norm so when they bring on their surveillance coin it’s not that different. just like the patriot act, they’re killing privacy for all.
irs: "you found a way to make money?" non-billionaires: "yes" irs: "gimme" billionaires: "good job, irs"
some billionaires think its the cost of a fucking banana or milk.
there's always tax evasion in the banana stand.
now you take this home, throw it in a pot, add some broth, a potato. baby, you’ve got a stew going.
arrested development references always appreciated 😂
could defi have come at a better time?
i wonder how that works actually... i’ve received a lot of payments from friends like that. where i paid for dinner and they sent their share, same with some falcons tickets... that was a big one. will they see that “inflow” as income? even though it was money i spent and was reimbursed for? do i now need receipts for every weekend game day pizza and beer purchase so i can show that it was a reimbursement? every time we go somewhere and people chip in for gas?
so i'm not smartest person in the world and this might be a bad idea but i've had the idea in my mind for a while now. it would be hard to get people on board due to the implications and fear. what if we all just stopped paying our taxes? rework our w4 and stop paying taxes. the irs already is short handed and cannot handle it all, this would definitely be a headache for them to have to hire more people and so on.
your most direct form of protest is called monero. fuck their lying eyes. reclaim your financial privacy.
the dems will get rekt
yes. but only for two weeks. after two weeks it’s tradition to forget about it and never mention again.
the proper way to protest (beyond contacting your rep, etc.) is to remove yourself from the traditional financial system as much as possible. transact in crypto as much as you can, encouraging likeminded people to do the same.
the biden administration has been terrible ~~on cryptocurrency and basic liberties~~.
lots of billionares in crypto though. they will likely end up controlling most of it too. but decentralized currencies and projects will reward the lucky few of us who saw the writing on the wall.
although i do not agree with everything you've said. dems will definitely lose the midterms and trump if healthy enough will run again. win or lose it would not matter. they've laid the foundation to pick the winner outright without caring for vote tallies. we are on the cusp of some really fucking bad times here.
aimed at ^^protecting billionaires
that’s the point- they aren’t going after you just because it was reported, but if you are trying to evade by holding in multiple accounts, now you know the number is between ???? if they set it at ,000- you could evade a fair amount of taxes by opening multiple accounts, but at … no way you’re guessing the right number without some risk.
do it, it is amazing 🏔
one of my dreams is to homestead with a cabin i built in the mountains
into separate personal domestic accounts sir. yeah that is absolutely the lifestyle of a billionaire.
which of course is already illegal
that is only 2,000 accounts. i'd say that is doable
ok, so then make holding multiple bank accounts illegal. if it is such an easy way to dodge taxes then close it.
why dont you vote with your dollars as well? immediately effective, and a big thorn in their side. ###\
there is no media anymore. just the propaganda wing of the overlords.
well then i guess almost 90% of crypto people are millionaires 👀
finally. had to scroll to the bottom to find someone who actually read the proposal.
this is reddit pretty much no one here even read the article.
you sound like you are of average intelligence but here on reddit, you are in the 99%. at least in this thread. lol lesson is. pay your taxes like you should and you would not have any problems. i doubt 90% of the people jumping up and down do not know what nor do they care what they are jumping up and down about.
she also never said it is to target "billionaires", she says wealthy people.
i sincerely doubt this was the only the only way to accomplish this task. plus, can’t a billionaire just use a foreign bank account?
finally a logical viewpoint. what people do not realise is that it is pointless and inefficient for the irs to go after people where they cannot prove tax avoidance has occured. even if they could, it is likely the lower end of tax avoidance wouldn't be cost effective and they will go after the people who are avoiding paying a substantial amount of tax. most people should be in favour of this however people seem to be incredibly paranoid that the government care about them buying a 58" tv. the government have the power to look through all your bank accounts if they want to anyway. this will only benefit the average tax paying american.
it also tracks any transaction over 600.
she is yellin' but all i hear is *farts*
that would make a great garbage pail kid card.
what we should be doing in response is called monero
i'm starting to wonder why they even bother with the lies these days. it would be easier if they just came out and said "fuck you, we're stealing even more from you, you must present yourself for cavity search on demand, go ahead and whine if you want because we know you would not do anything you worthless tax cattle.".
did you read the article? i do not see a single quote where she says "billionaires".
you start by using a crypto they cannot track and surveil. ###\
we need you here in eu!
they also want to and do, same thing happened in canada. surprise surprise, liberals are in power.
lol , so basically the banks snitch for the govt , this is not good anyway you try and spin it
monero is at least one solid solution here.
or... why do not they stop spending so much fucking money?
many “rich” people don’t have income taxes because they have no income. they live off their investments and use tax loopholes to pay very little on that money too
it will give them untold metrics they can use to craft future tax laws to fleece the citizenry at a maximum.
billionaires can afford politicians, the rest of us cannot. to be fair, if i was a billionaire, i'd be paying off the bitches too
what country does that?
>hell you can buy a tesla with btc and i only expect more and more companies accepting it as time goes on. did you not hear? they stopped accepting them after like a month.
lol... please take your meds and calm down. i would vote for a steaming pile of shit before the orange imbecile, anytime.
it amazes me that you can post in a way that shows you have explicit knowledge of what this proposal is and what its effects are, and still support it.
they have these things called computers. they can do millions of operations a second.
it's aggregate, per year.
there's a certain generation who literally refuses to allow younger people to succeed politically. it's going to be really weird when time does its thing.
fun fact: there was not a single revolution in history, where members of the upper class did not support the lower classes fight. it's a meme, that everyone who is born into the circles of the rich agrees with what they are doing. but one the rich love to confirm for us, so we do not go out looking for traitors among them. always think to yourself, who would benefit from any story. "all the rich work together" ... only the ones that are afraid of richs that do not cooperate with them benefit from you thinking that.
or a flat percent of annual income.
it's gonna get much worse, everything is falling apart. just look at the economy (crazy inflation and the supply chain is fucked) then we have to deal with these sketchy laws and 2000 page bills from the democrats that no one reads.
no, the bank just have to report the total inflow, transfer to same owner account at the end of year. it's a total, not transactional level.
a lot of effort there
> they wouldn’t waste the effort to transact in such small amounts you just explained why it is relevant to them. because plenty of rich people would waste their time to transact under ,000 but not waste their time to transact under . thus switching the amounts would impact them. i'm not defending her that this is the actual reason, because she is not even saying it is, which is super sketchy, but logically it is still the case.
technically speaking i suppose it could, but it doesn’t seem likely the irs would go after people for a few hundred bucks or even a few thousand. they look for tens or hundreds of thousands in thiscrepancies. realistically speaking, any private sales of personal property, even in cash, would technically be subject to income tax but the overhead the irs would incur in enforcement would be waaay more than they would get back in taxes.
still wouldn’t bypass exchanges reporting cash outs. this won’t affect anyone who doesn’t invest more money than they make via normal yearly income, and it definitely wont affect you until
it is , not per transaction. so unless your combined earnings from crypto and employment are less than , you cannot avoid it without somehow avoiding using the banking system too.
while i do not thisagree with you, i seem to remember a republican who signed the "patriot" act which might have been the single most egregious overreach of govt power ever all while his followers brag about being against that very thing. so maybe it would be more appropriate to call it a "government tradition"?
both attract the poorly educated.
that is the whole point of this legislation, it puts the burden of work on to the banks, so the government can take down the little guy without having to put the work in.
the government is a parasite. everything it does hurts us.
thanking the government bad is not being manipulated it’s opening your eyes because the government is bad they don’t fix problems they create problems and tell you they have a solution to fix them and they created them in the first place.
now imagine being an individual day trader and reporting 25k+ trades. that thing weighs 5 pounds.
helen "sellen" the people out. very thisingenuous but it’s to be expected from a politician, sadly
you guys voted these bozos in office.
3 million in transaction activity. that’s not the same as 3 million leaving the account.
not sure why your upset, you should have been reporting any net income regardless. the venmo and paypal part of this is what gets me.
but then you are asking bank to spend some millions to do that and the poor banks cannot afford to it. :(
in my country works exactly like that, banks are required to report every transfer above a threshold or multiple smaller transfers in a short period of time that sums up to the threshold.
because it easily eliminates having to audit the average transactions, if it’s automated. it’ll then save countless hours of unnecessary manual audit through automation. then they can spend time on larger transactions.
what’s so difficult? if income is 10000. if 3mn was income and 3mn moved out of the account, it won’t trigger any audit. banks can report regardless. this is just one of the ways an account might get flagged for audit.
well, you can, after all, transfer ,000,000 out of your crypto account in 5000 chunks of . so this is not at all targeting young people’s savings in crypto
banks auto report any transaction . she’s just fucking around at this point
couldn’t have said it better myself!
no not if this money is already in the banking system.
this still wouldn't make sense. someone could have ,000. maybe they are retired and had savings, or sold, etc...
i think the idea is that rich people make lots of really small transactions. . ,000 car payment. . stuff like that. sustained spending over . not because you make 12- ,000 rent payments.
but bro you are not looking at the big picture. how are you gonna catch all the people spending 3 million on 10+ small transactions per day ? it's genius !
she yhinks that if some one invests .
the old limit was 20k, biden lowered it. elections matter.
left is right make is female war is peace
this. they already have the tools and rules in place to do what they say they are aiming to do. this is just further intrusion.
and that 10k rule was passed in 1971, adjusting for inflation that equals almost 70k in todays dollars, or reversed, equal to law makers passing it as 1000. it really is a slap in the face at how complacent we have become that they are now gonna pass a 600.
this rule btw was invented when 10k cash genuinely only fucked with the rich. today, 10k is a very normal amount for a middle class person to be transacting from time to time.
ya but it wont catch the 18 year old who babysits on the side or the stay at home mom with an etsy shop or the retired handyman or mechanic who likes to work around his neighborhood on the side. its a tax on the working class. gotta help cover the social infrastructure everyone wanted so bad. no one should be surprised this is happening.
fiat not even once kids. might get hooked and then be like can i hold one mighty dollar? i’ll suck you good. all the way to a million.
destroy millionaires before the poor become ones!
it’s true. one time i had just over ,000,000. it’s a gateway drug people, this is deadly serious business.
or how about they do something about the panama papers, pandora papers how many more papers showing the 1% evading taxes do we need to ignore?
they're lying???? no way!
billionaires can hire attorney for the audits. it’s far cheaper to go after the little guy who will pay the instant they get the letter. where would you spend your limited resources? the guy who will fight you all day and drag it out for years or the millions who will fold just by sending a letter. exactly.
her face looks like a meme, does anyone remember?
so how do the people , get that law to be thrown out?
i think there are a lot of people who do read this and fall for it, and considering a lot of things like the way the mass population has responded to a recent world issue and continue to spread misinformation, i cannot really thisagree. logic is not really a strong point for a lot of people.
i'd ask what's the difference between speaking fees and bribes? or campaign contributions and bribes? the answer, unfortunately, is legality.
because they work hard
yup. insider trading is legal for congress
thank you for explaining, i was really struggling to get it. almost feels like a comedy movie plot. spend , avoid yellen, and you keep all the money free.
if the limit is currently ,000 and now just doing it in - does not that mean it just makes the process 20 times slower but does not prevent it in any way? it's not like you cannot automate it right? any savy person would dodge this the same way they did the previous limit. the irs can in no way keep up with their current monitoring - this is a waste of time and resources...
not at all- the . there is no transaction reporting. what she’s saying is that the irs gets the annual positive cash flow amount (two numbers: total in, total out) for every account over . the ones that are , but if you set the limit at , people will open 4 accounts and evade it. at , you would have to open a silly number of accounts to evade a silly small amount of tax. it makes perfect sense.
> so they typically go after bigger fish when it’s profitable. this is incorrect. the irs has admitted it is difficult to audit the rich, so they actually go after middle class a lot more than the rich ones. a ? bam > i.r.s. audits middle class more often, more quickly > if you claim the earned income tax credit, whose average recipient makes less than ,000 a year, you’re more likely to face irs scrutiny than someone making twenty times as much. how a benefit for the working poor was turned against them.
> you ~~guys really~~ have a very tenuous grasp on how ~~the legal system~~ software works dont you? > > do you really think every person flagged is going to be a millionaire, deserves to be put through an audit, or has passed this cost-benefit analysis?
nope. they flagged my account, incorrectly as i filed correctly, for a measly 20k. i had to pay a lawyer 5k and wait 16 months to finally get 'oh shit we fucked up' from the irs.
that third to last paragraph is 100% wrong. the reality is that the majority of the billionaires attorneys make it so expensive that it is almost never worth it to sue them, while middle class people are much more likely to not fight the charges and just accept the bill. why spend hundreds of hours on a single whale when you can make a million minnows all send you a couple hundred extra bucks?
yes, giving the government 100% authority in all areas would suit the government’s aims better than having them have limited authority in all areas. this is somehow news? i have no interest in the government’s aims and prefer they be mostly frustrated rather than furthered. and i vote and contribute.
yeah no one wants to bring up a valid argument and challenge her.
a dragon's hoard is never enough.
literally every generation says this about the previous generations.
i'll start a new account with . every week.
don't screw them. just screw the rules that allow them to focus on the little man and not the ones writing and breaking the rules. they serve a good purpose.
lol! no one gets what they are trying to do reporting wise. go ahead and do this stupid stuff but it won’t cause the irs any more work. the banks would be the ones calculating the total amount for the yearly reporting to the irs.
that is actually a good idea. ddos the irs with these . but then again they most likely wouldn't care because they complain all the time they are backlogged anyways.
based protest for unjust laws
omg! let's do it!
they’ll make it illegal and throw us all in the gulag and build robot slaves to do their bidding instead
can't we set up a decentralised exchange that just does this over and over with the pool of money staked on it. would be funny.
remember the scientology case? vaguely reminds me of it. shes declaring war on the average person.
you’re the first commenter i’ve seen in this thread who actually understands the issue. everyone else is building up outrage from ignorance. the rich grifters got the plebs on their side again.
save it, these people did not read the article and op flat out lied in the title. since we know most people tend not to read the article, it really should be an instant ban. in sum, this is why we have a misinformation problem...
indeed. the problem with the current trigger of 10k is illuminated unwittingly by the people declaring, i’ll just make lots of accounts with ‘screw’ whoever. this is exactly what large scale tax evaders are currently doing, only with the 10k being an active trigger. it’s much easier to structure and obscure illegal activity with a 10k limit.
half the people who talk about this cannot grasp this concept… it’s insane
i do not know why you need to put huge numbers like that as an example. it does not make it understandable at all. from my understanding is that if you earn 50k a year and spend 49399 (or less) of it, your bank will need to report that to the irs.
but the only change is the difference between . so it is clearly aimed at people with less money, not at the rich...
careful. banks can change the order of transactions... i.e. they can make a deposit show up after a withdrawal that causes you to go in the red or vice versa...
can you read dude
i’m about to buy a shit ton of xmr for this reason alone.
jajaja!!, black market money!. there is trace of cocaine in dollars bills yet crypto is the dirty money. bunch of hypocrites
so put your crypto into aave, take out a usdc loan and convert that into fiat. of course if there is a crypto market crash you'll get liquidated, but best not to think about that.
the main benefit of the loan thing is they don’t have to give up a portion of their ownership stake in the company they founded in order to take advantage of the wealth it has produced.
i originally thought the same, as the cost of your loan vs inflation is a very good deal and the cost of the home payment will become vanishingly small over time as you progress through your career. i thought about it though, and the peace of mind you get in owning your own place removes a lot of stress from your life and frees you to take more career risks and assert yourself, ultimately benefiting you in the long run imo.
looks like it will take a poor billionaire at least 1.6 million years to move their money 😔
the really sad part is, there are people out there who buy into their bullshit fully. "my <insert bullshit political party here> buddies would never do anything that was not in our best interest! these <insert more hated bullshit party> are just trying to gaslight us!!" nothing will change until the system itself is uprooted. don't ask me how, i do not know - but just tossing new.
too true. i realized this at 18 years old when i started trading and realized there is a set of rules for people investing under 25k and a different set for people trading over 25k. ...and i'm not just talking about ptd.
the rich people club is realizing the peasants are flirting with financial freedom with crypto so they are pulling in the reigns a bit.
i believe the goal is to normalize the financial surveillance of the masses... while simultaneously crippling the irs with mountains of unnecessary work. if you think they are bad at taxing the rich now, just wait 🙄
there's literally a fucking list.of billionaires in this country... audit fucking all of them.
the article thiscusses going after millionaires not billionaires the absolutely not," the treasury secretary replied, insisting, "i think this proposal has been seriously mischaracterized. the proposal involves no reporting of individual transactions of any individual." then yellen went into how there are "individuals" the irs does not receive enough information about. "look, the big picture is that we have a tax gap that over the next decade is estimated at ," she continued. "namely, a shortfall in the amount that the irs is collecting due to a failure of individuals to report the income that they have earned."
"it's one banana, michael. what could it cost, ?"
yeah maybe in 10 years a bananas will be 600 bucks the way things are going.
and now since the irs has to keep tabs on everyone, because lets be real , they are going to need a much bigger budget.
exactly. they have bigger fish to fry. this is a blatant injustice to everyday people.
i don’t agree with yellen in the slightest. that said, billionaires don’t manage their finances themselves. the employ entire accounting offices which do that full time for them. these people are so slimy that i wouldn’t put it past them to manage 1m micro accounts just to save a few bucks
politicians being dumb and stating their *strong* opinions about something they do not even understand ? **very very surprising**
i believe the old limit was ,000 make 1000 accounts with . total is ~10m
irs wags its tail
the powers-that-be will never allow it to be fully decentralized. they will regulate the shit out of it so they can steal their pound of flesh, like they do now. the fact that it is all digital means they will eventually be able to track transactions 100%. at least with cash two parties can do a side deal and no one else has to know.
no, splitting expenses is not income (so if your roommate sends you his half of the rent, that’s not income). if, however, you’re like me and rent a room in a house you own to a friend, that is income.
im thinking about getting some just to protest probably the most effective way to do it down the road in reality.
this isn’t just a dem problem. so many of our republican representatives are also owned by the banks or the military industrial complex or the energy lobby etc. they keep fucking us with this false dichotomy of republicans vs. democrats.
for real. other than reinstating a migratory bird protection act, i literally cannot name one decent thing he is done. it's all been division, stuff that benefits the wealthy (despite that they say otherwise), inflation (which again, benefits the wealthy), and authoritarian overreach. that's his administration in a nutshell.
still better than the fed controlling shit
can you explain that again. why would you have to guess when it is your account
it sure is! i picked a poor piece of land though but i'm making it work. my cabin is mostly finished. been sleeping in it since sunday. got my wood stove burnin and the peculator bubblin. life's good off grid
don’t under-report taxable income. it’s easy. are you actually arguing in favor of tax evasion?
they just follow foxnews propganda. it's extremely thisappointing to see the overwhelming crypto hodlers are dumb as rocks, and a lot are right wingers sold lies of decentralization. i have yet to find a crypto project that does not have a "centralization squeeze" in it.
so…you think ? seriously?
nobody is saying it’s the only way. it’s an additional data point, nothing more.
. ,000,000 in speaking fees earned (mostly zoom calls because of covid) from the banks she is suppose to regulate. move along, nothing to see here...
yes perhaps, but let’s be honest here - it’s going to sweep up way way more small fish than whales. and that’s exactly the point. i don’t believe a goddamn thing any government says anymore, particularly this shitshow.
>it doesn’t seem likely the irs would go after people for a few hundred bucks or even a few thousand. they look for tens or hundreds of thousands in thiscrepancies. it does not seem likely as things are right now, but this bill drastically changes that. all the irs will have to do is compare the income the banks are showing with the income your employer is showing, and send out a bill for the difference. the entire process could be entirely automated and absolutely will be. the burden of justifying the extra income will be on you and will be just as much of an annoyance to fight as an undeserved parking ticket is. just like the ticket, most people will just pay the extra expense because it is too hard not to. that is the point of this bill. it is strictly aimed at the little guy.
bingo, it is actually a move to put more burden on smaller banks to kill the competition of the larger banks. follow the money.
i think they call it death by regulation
you’re paranoid, you’re selfish, and you’re projecting.
she took money from several large institutions for speaking fees. i do not care what you know while you hold a public office it looks like bribery and smells like crime.
these cunts should be focusing on those billionaire bitches making millions a year yet here they are doing the complete opposite. fuck them man
she is not a politician, she’s a bureaucrat. she’s held top posts during republican and democratic administrations. this transcends party and is just more typical banker bullshit.
fuck these hypocrites!! stealing money from people and giving it to rich fucks
sadly i used to look up to yellen when she was at the fed and thought she held a measured and honorable position stewarding our monetary policy. feels like when i found out there was no santa lol. short the banks, buy crypto.
because we let em we dumbfucks even voted them in ( i did not)
im sure if we just vote harder next time everything will be ok.
people need to use these pains as a means of reflection, not as a reason to complain.
yep to get the biggest fucking crook ever out of the white house
i feel like you have a conflict of interest going. or something.
these bozos are 1000x times better than the other bozos the morons and terrorists voted for. they both suck, but i wouldn't piss on a republican to put a fire out.
easy to have happen when you can promise the sky and deliver bags of shit with 0 repercussions.
don't forget republicans passed the patriot act. this is not a one sided political thing.
all it proves is that the us is a one party fascist shit hole masked as a democracy tbh
americans... always blaming the other side for something both sides are doing.
no it doesn’t. you’re really reaching there.
lol at democrats like the republicans are not wallstreet preferred bet. give me a break
democrats literally hate the constitution. it just gets in their way.
"this just proves... " wow. someone powder my hand.
2 party system bad
are you saying that’s not true?
that's right - see something that is not there because of your prethispositions. the republicans have introduced tonnes of legislation to limit your freedom too. prime example being the "patriot" act. you're just blind to it because you cherry pick what you want to believe. both are as bad as each other in these matters.
one of my first jobs out of high school was a bank teller. filing ctrs were a pain in the ass. thankfully, it didn’t happen to often. if i had to do that shit for every *cash* transaction over . ridiculous edit: sorry, thought cash transaction was implied. yes i know a *currency transaction report* is for cash (or any foreign currency equaling ,000.01+). crypto is just another currency so having the limit be . that’s pretty much everyone except for the crypto bros with 5 monitors watching charts to turn their .67. i was mistaken on the having to report the transaction every time though. its just once at the end of the year.
the rich scumbags behind these politicians are running this game, they want to stop crypto adoption which they’ll fail at miserably. fuck these politicians and banks
and once they get hooked on them big dollars they will all want to quit those essential workforce positions. very dangerous and selfish.
why would they do anything to screw themselves over? better to bleed the middle class for every last penny. btw america has a system built in to fight this corruption. no i do not mean voting. i mean protesting by not paying tax. if 10 people do it it is a crime. if even a third of the country stops, the us gov is effectively fucked until they listen to everything we demand. no need for violent revolutions, storming capitols, waiting 30 years for boomers to all die. will this ever happen? idk i doubt it. americans will show up in swarms to bitch about wearing a mask, but when it comes to being financially fucked we all spread our cheeks with a big smile
politicians are bought and sold like cheeseburgers.
they do not. the cronyocracy would not let that happen.
the "people" are too busy talking about sports and hollywood scandals rather than participating in your democratic process. the entertainment industry is practically a plague on your country because of it. folks just would not stop consuming content.
i think that is the point. it is so low it is hard to abuse. if they set it to 2 million, not hard to split up transactions into less than 2 million. much harder when trying to avoid .
yeah, they already did that one. [brewster's millions](
that is called [smurfing]( or structuring and the money system already looks for it.
>not at all- the . there is no transaction reporting. what she’s saying is that the irs gets the annual positive cash flow amount (two numbers: total in, total out) for every account over . the ones that are , but if you set the limit at , people will open 4 accounts and evade it. at , you would have to open a silly number of accounts to evade a silly small amount of tax. it makes perfect sense. if they set the amount tp ,000 for this reporting then you'd still need *300* separate checking accounts to avoid this with 3 million dollars. if you're trying to carch billionaires as she claims then . a poor person might have , ,000 is less likely.
that's a separate crime called "structuring".
it's this. these "local banks" have been lying about the reporting structure. it's about annual inflow and outflow per account, not every transaction over
then why not do something like ,000?
yep. many of us thought he was a harbinger of change here too. he is the “audacity of hope” candidate after all. a lot of sheep-type dems still think that’s what he is, and a lot of sheep-type republicans think he’s basically the devil.
remember when he came into office bashing banks, then 2nd term he met with them to get bukkake donations for his campaign. even sent in hilly to teach goldman the loopholes.
if tomorrow my account goes under, i will just start another account, and then another and another and another. i have no shortage of account names.
ok, but do not actually, or you may not be able to use any banks, this sounds like the exact kind of thing that they would hit you with anti-money laundering laws about.
"601 attack" let's make it a thing
they'll already get ddos'd. most paychecks are over . that's a lot of deposits.
truth. these comments are a sad reflection of the willful ignorance of much of our electorate.
doesn't help that we're in a subreddit full of misinformed, sovereign citizen, qanon-type conspiracy theory believers with little to no understanding of actual economics. this sub is so embarrassing for crypto.
well it does not help that she skirted the question on the . it's one thing for op to misinform, it is another to leave things vague when you are trying to get more people behind such a bill.
i’ve been saying this to friends and family constantly lately. politics is a fuckin team sport nowadays (or at least more publicly so than it used to be). it’s very much “if you’re not with us you’re against us and if you’re against us we have to do everything our side says so we can beat you!” it’s sickening, and people just buy into it like it’s fucking normal
>realizing the peasants are flirting with financial freedom this is **exactly** why we're seeing such urgent action. wouldn't want the rich people getting thisturbed by us peasants having more than 2 peanuts.
that's the idea. racial tensions, abusive and violent police, a judicial system based on fixed dollar amounts and left vs right are all thistractions to keep us grinding out paychecks.
they all get audited nearly every year they have people whose whole job entails ensuring they are in compliance with every possible tax law including finding every possible write off. the issue is not billionaire tax dodgers. it's an overly complicated tax structure that is not cost effective for most of us to properly file our taxes.
how do they come up with that figure when she says they do not receive enough information? they using silly math.
the irs will spend that much in pork and enforcement and probably offset whatever money they recoup.
none of this makes any sense
you've never actually been in a grocery store, have you?
that might just be the point. cripple the irs with a new mandate, do not give them extra resources. the irs now has even less time to go after anyone remotely likely to afford a lawyer.
they never go after the big fish anyway
old limit was 10k for *transactions* even a 10k limit is an overreach for this bill and would include nearly *every employed american* because the bill forced banks to report *total inflow and outflow* if you’re only trying to target people who make more than 400k then setting the bar for reporting so low that the minimum wage guy at the gas station gets caught up in the dragnet is nonsense.
if you were trying to evade taxes, and you know that a certain mix of inflows and outflows in your account would trigger a red flag at the irs, you would open multiple accounts and structure them to avoid the flag- but since the reporting threshold is so low, there’s no way your guessing the actual amounts they’re looking for
i absolutely love the irony of your statement. thanks.
you're missing the point. you sound like a bootlicker
that’s fair, but i would argue that this will thisproportionately effect gig workers or anyone with a side hustle, rather than the billionaires yellen claims it will. i could be wrong, but i don’t believe rich people are opening multiple bank accounts in this way to avoid taxes.
"sweep them up" in what though? the irs already almost surely knows about accounts for any normal working person anyway, since pretty much any non-shell account already would have had ? the only people getting newly "swept up" are like 10 year olds with accounts that have grandma's birthday piggy bank money in them, mostly dormant special purpose accounts like a couple with a special vacation fund or a credit card someone only puts , or whatever crap like that. and criminals trying to structure. who else?
they have to audit you, they dont just send you a bill. if your argument is that they’re going to automate this process without any audits, that has nothing to do with this specific proposal and is like the highest caliber of speculation. at any rate, audits cost money, more money than they would make in tax from some birthday or christmas money and a sold guitar or trading cards
"selfish" 😂😂😂, give all your money to the government please, no one's stopping you.
it is literally paying for litigation. it's completely legal and it pisses me off to no end. the supreme court is a joke and has been for a long time.
what's the difference between speaking fees and bribes? legality.
if it walks like a duck
speaking fees and bribe are getting differentiate by the term legality bullshit.
the funny thing that the conspiracy gang does not seem to get is the big institutions do not want this at all because it makes them more into volunteer financial cops. if this goes through the banks will have to create and implement systems to sweep, collect, package and report that. that takes time, trouble, resources and costs. this is an initiative 100% driven by the current administration. nobody is asking for this.
when it looks like bribery and smells like crime and corruption, it is... she is part of the agenda
the us treasury secretary janet yellen has been accused of corruption due to receiving .2 million in ‘speaking fees’ from just citi bank and the citadel hedge fund. just part of it...
she is doing what her boss told her to do. this is biden's choice.
she is one of them not one of us. of course she will fuck you and i and not her own ilk.
they want to say they are targeting billionaires without actually doing so
term limits for bureaucrats. been saying it for years.
that's why she is speaking the shit outta her mouth because of her own interests
ah yes the reverse robin hood, also known as the robinhood
this is why i’m investing in monero.
yeah honestly fuck them. the blatant lies must stop.
who voted her in? no one. she was appointed.
i’d rather have a crook that took nothing from me, the crooks that are taking from me.
dumb as holy fuck. amazing how your idiot generation will believe anything packaged with a rainbow and a cry of racism.
hows that working out for you?? you feel like its worth it to you?
seems like there’s not much of a difference.
i just want my universal healthcare. republicans keep blocking that shit for no reason other than scary spooky communism
congress passing the patriot act was very bipartisan. only 1 senator voted against it and she started getting death threats over it. the panic after 9. the house voted for it 357-66 and 98-1 in the senate not for nothing but it has to be reauthorized every few years and regardless of what party controls congress it has gotten reupped every time.
all politicians are the same, hypocrite fucks who works for the rich. fuck them
let me correct this: us politicians have a vested interest in keeping the peasants—excuse me, *the common citizenry*—as divided as possible while lining their own pockets through corruption.
this. imagine believing any politicians exist to serve the needs of the common man. yellen collects speaking fees from some of the most powerful hedgefunds in the world and i imagine there are many others who do the same. politicians are not your friends! if they were we wouldn’t be hovering around in the cryptosphere
with all the awards and upvotes, it is clear this subreddit living in democrat anus even if the very democrat commiefucks are shitting right in your mouth. ' nice stockholm syndrom you got there. *"buht don't forget republicans did thing in 2001* 🏅🥇🥈🥉🥇🏅🥈🥉🏅\*"\*
it is one sided though imho. emerging technology and people that believe in it and what it might do vs opposition to what somebody saw on facebook
ya the problem is the government system
dont forget, i had a grilled cheese in 1997, wtf does that have to do with this?
yes, well, we should certainly call all the republicans who support yellen's position and chew them out. i looked for their numbers but... lol
hey irs, made my own crypto. i trade it to myself 9 million times a minute. where do i send the dump trucks full of paper?
there is no fcking way the irs can actually handle this lmao they are one of the worst god damn institutions in this country they are incompetent buffoons
it's , not by transaction.
it is not about crypto adoption, they want to annoy everyone
then who would we degrade with our longer than a harry potter spell coffee orders? that is the natural order of things…
you just broke the system...
has she heard of bots and crypto blenders?
yeah with aml laws already any account with rolling 2 week transactions over 10k gets reported
same concept, but applied to a different metric. setting the limit this low keeps people from even trying it.
he’s just a guy who was smart and charismatic and told people what they wanted to hear, like every other president and politician we’ve ever had. lies are part of the game if you want to put on the flag pin and stand at the podium.
and now the obamas are worth millions. well played barack.
thank you, michael scott
most paychecks. most rent payments. what is this shit? this is a laughable proposal
oh you fools. they would not actually look at any of this. they'll just use it to target who they want to target.
beyond that, it is not clear to me why people believe that this "squeezes the middle class and crypto holders". i understand that there is a privacy concern, but that would apply to the current reporting requirements as well and should "squeeze" anyone. does op just not want to pay the taxes they are legally required to?
> these comments are a sad reflection of the willful ignorance of much of *cryptocurrency enthusiasts*. ftfy
nakamoto was a libertarian weirdo. crypto is embarrassing for crypto.
this sub is embarrassing for humanity. the sheer number of outright stupid and uninformed hot takes is infuriating.
welcome to right wing partisans absolutely nailing the thisinformation campaign and running the narrative as they see fit. the article is a fox news opinion piece, which should be a huge red flag. it worked. the amount of effort needed to overcome these preconceived notions is already astronomical.
yeah, its pretty corrupt too.
i'm 34 for years old and i've known since i was about 21 that the entire system is a money making machine for the military and the billionaire ruling class. it blows my fucking mind that the vast majority of people apparently still believe their government has good intentions at heart and are not there to rob us via taxation and inflation.
i did some checking on ancestry. turns out ive always been in the club. time to take it back
same tax structure that has well-placed loopholes that make it "legal" to dodge taxes, if you have the money for them.
they are paid by the big fish to not go after the big fish.
you sound simple minded and ignorant of the complexities of large scale governance and basic economics. stop saying things you read on a protestor’s cardboard sign, and go read a book.
i understand very well what she is attempting to do. rich people are not going to create 1000 bank accounts to “hide” from the current . this change is specifically being done to capture tax fraud from the low and middle class households.
it thisproportionately affects people underreporting income. i’m not sure y’all understand what the irs does.
what other possible reason could they have to be pursuing this? they want this information because they intend to use it.
that is absolutely piss-poor logic, but i do not expect someone like you to be very logical. cause, ya know, then you wouldnt hold the views you hold in the first place.
they talk about all the money going to rich people and offshore bank accounts, what about their own? they seem to be immune to their own laws.
padding her own pockets i bet.
i mean with the lights off it could be a trip. grannies get wild.
i see they are doing what i was doing while in school
yeah exactly they are just trying to convince the whole community.
they would not fix it until maybe next month.
the tree is thirsty.
term limits and a mandatory retirement age. tired of people that will be dead in 5 years making decisions for the next 20.
inspite of all the boating accidents and irs bounty, i love monero. banks and irs can fuck off
and boating, very prone to boating accidents these days.
well, he did take something from you. unless you are wealthy.
symbolic and performative. meanwhile things have gotten worse in the last 50 years.
nah 62 yr old seen fucking racism whole life
yep trump gone good
yep basically too many fuckers have preached law and order in america the last 52 years and all a racist criminal had to do was show up and these same fuckers could not wait to vote for him. all because the world has changed and it is not 1950 anymore and that scumbag told them he would bring those days back
there's a huge difference.
i had to leave the country to finally get a decent return for the taxes i pay. it's 100% worth pushing for. i might pay a little more tax, but it doesnt feel like its just squandered anymore.
and it will forever
no such thing as a temporary tax.
republicans are red, democrats are blue neither one gives a fuck about you.
there's a reason politicians in the us seem so similar: because they are in the same fucking corner of the same fucking quadrant of the standard political compass.
i want this on a tshirt!
yeah just a bunch of shady paid shills.
and has been added on to and expanded by every president after
trump reupped it and added more regulations while giving the nsa more power to spy on us just last year. but keep kicking them boots as long as they have an r on them.
i'm guessing you could not see the deleted comment i was replying to
ever think maybe that’s the point?
it's not that they are buffoons. they're underfunded and understaffed. they have to make choices about what to look at.
there is of course increased funding for staffing to handle it included in the package.
this is not true in regards to the “rolling 2 week transactions” part. 1: the . 2: i can deposit(i.e. “the report”), being filed. happens all the time.
pretty much. as pink floyd said, “you have to be trusted by the people that you lie to, so that when they turn their back on you, you’ll get the chance to put the knife in.”
surprisingly though i will say originally obama did not want to wear the flag pin on his suit.
that’s one of ‘em!
that's one of 'em!
accounty, i’m accounting on you
they are out of touch with reality. 15 years ago a politician asked what a new car costs and guessed .
they don’t want to track individual transactions. only aggregate totals of cash going into and out of accounts annually. i’m really surprised that no one understands this.
i think this is a case of ignorance on the op's part, convinced (partly by media that is owned by big $$$) that any effort by the irs to combat tax fraud is an intrusion on their privacy, when it is actually not in any way, shape or form. literally the only reason i can see for someone to be up in arms about this requirement is if they are actively involved in tax fraud. are they going after average joe who put ? that's just silly. they have bigger fish to catch. this is meant to target the rich who have the means to hide large amounts of money from taxation through these types of schemes.
> does op just not want to pay the taxes they are legally required to? spoiler alert: the venn diagram of "crypto fan" and "libertarian moron" is so close to a single circle that you need a scanning tunnelling electron microscope to find the non-overlapping region.
there's a huge overlap between the group you mention, and this subreddit. unfortunately.
nah, it is that i understand therr are people who are against what you are talking about. they all exist in one party, buy not in very large numbers. i understand it is not all the same.
the issue people have with it, is the the inequality and or lie that this will target the rich. if you’re arguing that everyone should be paying their fair share, i agree. if you honestly think this will close any tax loop holes that the rich utilize, i think you’re mistaken.
i would believe they intend to use it on the people they currently use it on. this just makes it easier for them to pick those people out of the crowd. it’s still fairly convenient for tax avoiders to move large sums of money around in transactions just under . it takes more time, but not so much time that it isn’t worth it. you know how unfathomably inconvenient it would be to move large sums of money around at less than ?
any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the american indian.that is a quote by henry ford that guy had logic
between being fed chair and treasury secretary, she was “giving speeches” to banks for hundreds of thousands of dollars per
i saw them jacking off each other lol
lol what, just convert profit to monero before usd?
yeah, and then it will raise eyebrows when you eventually spend it.
i’m actually starting an exclusive charter service for crypto holders very soon. i’m starting with john mcaffee’s sailboat. my thought is we tear it apart at sea looking for his keys. but then we accidentally sink it while cutting it up. anyone in?
shhh... dont burst his bubble. the simple truth is no matter who anyone voted in, they would be pushing the same narrative that crypto is bad (or words to that effect)
so you have more money now they you had a year ago? i guess i can’t even ask that question, because no matter what covid will be the blame for every decision our leaders have made for the last 2 years. i haven’t met anyone who’s doing better now. i guess we can just give it more time and see how everything turns out, but one things for sure, biden won’t be the blame for anything, it’ll always be covid.
not 1 thing is better now than a year ago today.
stop bringing the 1950s into 2021 then
hahahahahaha wow you are totally brainwashed, are you seeing reality clearly?? doesnt seem like it
your blind to only that you dont wanna see
rich mf are the ones who running these things fuck them
fuck both of them, there are nothing but different sides of a same coin
all i know is gas was cheaper a year ago, and bacon, and electronics, and almost everything i need.
and the majority of americans actually think the two parties are different. lol
you'll notice biden is to the right of romney, lol
you honestly believe biden is far right after all these communist circusses he’s pulling you through?
fuck r and fuck d ' we saw how the r traitors colluded with d traitors against a sitting president. the charade is over even for the most naive audience. ' riddle me this: if r are assholes and hate you, and d are assholes and hate you, and they mobilize their entire network and media to get rid of a president, what possibly could that mean, einstein?
tells you the last time they bought a car. in the 80s, the average car price was around .
to be fair that’s a pretty good downpayment
honestly just sounds like a way to track people getting paid under the table
right, but earning ’t exactly a high bar to cross.
i had to scroll a long way to find this comment! people do not realize what the proposed bill is actually proposing. banks do not have to fill out paperwork every time a transaction over .
idk what the hell an aggregate total is so fuck you
i do feel this is being misunderstood and blown out of reasonable proportion. that said, i can still see where people are getting frustrated. this could be structured much better of their true target demographic are millionaires. and to that end, if millionaires and bigger evading taxes are truly their target, this attempt to wrangle in that evasion (whether legal or illegal evasion) seems to willfully ignore much more glaring methods exclusive to large wealth individuals. if someone happened to have an extra , which they then withdraw for their own reasons one year, this could cause their annual net deposit. how does that approach target the excessively wealthy it claims to be directed at, versus much more heavily targeting the general public. i am genuinely asking your reasoning here, i want to understand how this could be effective in the accomplishing their claimed mission.
ya, i was wondering, "what the fuck is wrong with all these people, this is not a hard concept", then i realized which sub i'm in.
the issue people have with it is that they don’t understand it. you are clearly included in people.
it is not , it is . but that cannot be the motivation, as you said yourself: they are already targeting those people. their bank details are already being monitored while under audit. this bill does nothing at all to those people, it only effects those that are not regularly audited already.
that guy was a nazi
yup, shell get some more "speaking fees" from the big financial institutes lol...
i work in a union shop, and moved to the skilled trades. i work with about 800 ppl. there are lots of companies trying to hire around me at the moment. the starting rate seems to be about . refinanced my home at a lower interest rate. wife got a raise after 2020 ended. daughter landed a good paying job with the park service. son is finishing college while working at a home improvement store making . honestly, other than having to wear a face mask with safety glasses and people losing their goddamn minds over toilet paper it was uneventfull on a personal level.
bullshit we out the middle east wasting fucking money and lives we got people who serious about the pandemic in charge that piece of shit was not
fair, but not one thing got better after 2016 than it was before then. in fact many things got way worse
the saddest thing is, they get paid to pretend they care about you
except the one both parties hated and smeared relentlessly, wonder why forgot who that was
they're the same side of the same coin dude
you mean before a global pandemic with supply chain interruption?
my favorite is people in texas believing that republicans are pro border control. illegal immigrants have been pouring through the border for decades and republicans have done nothing but let it happen. now it is bidens fault when he continues the same? it's just the rotating villain.
yeah this is more irritating to me, least the politicians are making money out of it. average dumbass supporting their political party on twitter like a fucking football team?
well one is the party of fucking racists
you'll also notice these graphs have absolutely no actual data to reference.
that's just media demagoguery. this is from which seeks to position people based on their policies - not their portrayal in television news media. nothing biden does is communist.
those of us who get paid under the table usually make so little that this is the only way we make rent on time.
that doesn’t mean the government should have an aggregate of individual’s accounts. it’s an absolutely fucking atrocious overreach.
i think a single . now, 100 or so of those in a specific window of time would garner attention. i do not think they are ignoring other "much more glaring examples" as much as this tool does not address those methods, but that does not say that there is not another tool that is just not being thiscussed.
yes, i don’t understand why we should be ok with giving the government more power under the guise of taxing the rich.
i mean sure, but i feel like you’re splitting hairs. it essentially forces anyone trying to avoid reporting to transact under . you just don’t want the account to be worth more than . and it most certainly can be the motivation. they are targeting certain people because they know the process exists but that doesn’t mean they can obtain evidence for auditing. seems likely that they can’t otherwise the irs wouldn’t be trying to lower the amount that reports trigger. look, i’m not saying it’s a good idea (in fact i explicitly said it wasn’t). i just don’t think it’s a good idea for a completely different reason. this won’t have any affect on average people, they won’t know it’s happening, irs doesn’t get detailed reports on your personal spending habits, and the data they do obtain is under much greater security than any bank has. however, this process will cost banks quite a bit of money. i don’t care about the banks per say, but that cost will get passed along to customers in the form of higher fees, or lower interest rates, or cut services, or few job opportunities for employees, and it will have -even if small- an affect on the economy in some way. it will also cost more tax dollars to hire irs agents to go through all this reporting data. the irs already is so underfunded they can’t use all of the data they do collect now. it seems evident that there should be a better way to raise potentially up to ’t do
i bet you still live in your moms basement and your highest accomplishment is learning how to make a hot pocket in the microwave so i doubt any of your opinions hold any weight in society😉😂😂😂
irs and bank; making a porno
a lot of ppl where affected by the whole thing tho, i’m in electronics buisness, nothing really changed for me, if anything buisness actually got better, but a lot of ppl lost everything they’ve worked years to get. it good ppl are making more money, but the prices for goods are also going up,eventually the increase in pay will be counteracted by the increased price of essential goods. it’s a never ending cycle. only the billionaire are really winning rite now.
trump started the me pull out lol
what the fuck? have you seen the news or read any headlines at all? you're saying leaving afghanistan was a success?!?!? 13 us citizens are dead and four others still in critical care, biden does not give a **** about them, said he is 'turning the page '. he only armed a terrorist group with millions of dollars worth of tanks and artillery. and serious about the pandemic? what? how? what has he done besides destroy the economy and small business?
more people died of covid this year than last. the afghanistan withdrawal was a giant failure and the world knows it, why don’t you? gas, food, cars, rent, everything is more expensive. the border is a thisaster. how delusional are you?
hahahahahaha you just keep making yourself look like a tool
literally not 1 thing is better today than last year.
not going to make wild claims so for me personally things that got better: the job market, trump removed that penalty on your taxes for not having health insurance (), nasa funded with a big emphasis on space travel, 2a protections, lower crime rate, better border protections, strict on cuba, myself and our friends were all making at least 5k more per year with trump, gas and everything else was cheaper, i liked being strict against china, doubled child tax credit, that’s off the top of my head. other things may be more important to you, but those were mine.
well at least voting gives you the illusion that you had some say in it.
no that has nothing to do with it. biden just turned up the price knob to fuck with this guy
ok, that’s to blame, so the decisions that where made by the government caused it?
the racism is there to drum up drama and deflect from the reality of the corporate overlords who rule over every single aspect of your life
i give my green dildos to fuck them
you are absolutely correct.
that is the job of the banks to investigate. and they already do exactly that. i work for a bank developing the tools they use to research customers. if they find anything suspicious they report it to the fed. my guess is that they actually want to use the same systems that triggers fraud alerts to also trigger tax evasion alerts. that is the only logic that makes sense to me. because just reporting everyone netting .
i do not think it will cost the banks much of anything. their end could be easily automated too, their only expense would be if they were paying for their internet by the megabyte, which i doubt they do. but i guess we will have to agree to thisagree on the rest of it. i just cannot see an outcome where the irs's system is telling them that there is potentially billions of dollars worth of unpaid taxes and they just choose to ignore that information. hell, i think i'd even complain if they did choose to ignore it. pursuing that money is the sole reason that they exist, if they were choosing to ignore their one job, then i'd advocate that they be replaced with people more competent.
the biggest problem as i see it is raw goods shortage, causing inflation. plus when everything opened up, demand went nuts. everyone is flying and driving again, opec is refusing to release more crude and u.s. oil companies (from what i read today) are reluctant to start flooding the market with oil again... because they want to return money to shareholders after years of lower profits. there are shortages of shipping containers and trucks to transport... it is crazy, i agree.
which he didn’t have the balls to actually do, because he was a terrible leader. he also released thousands and thousands of taliban from prison and got nothing out of that deal. lmao worse than anything biden has done so far and he was at least able to finally do what none of the last 4 presidents had the guts to do. you would still be complaining next week if biden never pulled out all troops... just move on.
right! i guess afghans clinging to the fucking aircraft and falling off it at 10,000 feet to their fcking death is succesful!! imagine that shit, your standards are that god damn low that that is succesful to you. un fucking believable
> he only armed a terrorist group with millions of dollars worth of tanks and artillery. and trump let 5000 of them, including their leaders, out of jail because he was dumb enough to think he could make a deal with them
you’re a literal child if you think the president has any significant effect on those items listed.
do you believe trump was holding down the cost of gas and goods at the pump? do you think it was a coincidence the troop pullout was agreed to after trump left office? do you think biden is responsible for people fleeing haiti and other troubled countries trying to come here? and covid... jesus christ the republican messaging on masking and vaccinations is the reason for the continued rate of deaths. but whatever.
mt. gox is keeping all my 2009 crypto safe for me.
this is so true... i held a bunch of bitcoin and litecoin when it passed . sold the second it started dropping and did not come back for a long while. should have used the money to go out and eat somewhere nice because i like to be wined and dined before i completely fuck myself.
am i stressed, anxious, and angry? yes. but that is the secret, cap. i'm always stressed anxious and angry. *hodls away*
my dad has wasted hundreds of thousands on lottery tickets throughout his life and has zero plans to stop. fiscal irresponsibility and stubbornness run deep in these veins.
i ain’t panicking. i put in what i could afford to and i’ll sell when i make a nice profit.
"if you cannot handle me at 50% you do not deserve me at 500%"
to be fair bitcoin will likely surge back to its pre-today levels. it has done this boom bust cycle several times by now. it's why it is considered a volatile investment. it's also historically been a cycle. crypto winter of 2017 lasted years, but eventually bitcoin eclipsed its previous highs. con, but also pros. hodl is just one strategy for investment. there are others as well. dollar cost average sell portions at a time when you've made x% of profit to lock in cash sell all when you make x profit. sell when there are drops of x% the point is, hodl may not always work for you. if you need the money that is allowed. if you're not into bitcoin for the dream, that is allowed. if you want to wait 5 years to see what happens to your investment, that is allowed. anyone trying to convince you that their pattern is the only correct one is either dumb or smart enough to have a strategy you may not be aware of. do what works for you.
only panic i'm having is trying to decide where to put my money...
jokes on you i’m colorblind
haha yeah panic buying. fingers cannot move fast enough. mouse cannot click fast enough. here to hodl till i'm odl. 🤘🤘
thanks mate. didn't even realize there was a crypto sale going on!
i remember i had 1 bitcoin and some change in 2013. i sold for a little over . i do not regret the decision though, i was in a though spot and i would have lost the roof over my head otherwise.
i'm a sathist i bought more! buy high buy low that way my numbers always grow!
i just bought 20k usdt and split it among eth, ada and vet. thanks for the dip boys
hodling since 2014. this ain’t shit. buybuybuy! china is making their own crypto. take a fucking hint!
i want to buy more actually i just dont have cash right now
my thesis is that eth will be > ’ve invested all i will invest into it so while it’s been fun seeing it pop, it’s basically just entertainment
if i bought at . i'm here to make retirement money so that would of been reached at ~ per btc. idc if it keeps going up after i have all the money i need to never work again and enjoy the rest of my life. at a certain price point the money no longer effects my quality life anymore so it is trivial if it keeps going up
so many people miss the forest for the trees. though i'll go you one step further. investing, in anything, is a long term play. my only regret today is i do not have any money that is available to add to my current investments.
this is how you explain why everyone is not a millionaire when people are like "if it is so obvious, everyone would buy at pennies and hold until there millionaires". same with regular stock. people holding apple or amazon or shopify when it was like a dollar would have mainly dipped when they were up and it pulled back 50-80%
so if i'm selling my kidneys and blood plasma to strengthen my position in bitcoin right now it means i *would* have held after buying at less than a dollar?
so true. i almost put . i constantly think, "what if..." but the truth is, i probably wouldn't have held on this long back then. i will now, but back when it was a, "i can buy porn with this" token, i would have sold at the first dip...
jokes on you guys i bought when it was really low but lost all passwords to my accounts.
so true that nobody would understand this unless you are in a crash.
betting . if i had heard about btc back than i may have thrown a couple hundred or a thousand into it. i heard about btc at . went to the store to buy but xouldn't buy without a wallet. there have been 4 crashes where crypto has lost 90% of value and bear market begins. stock up at the bottom.
woke up, saw the madness and my portfolio… yawned, lit a joint and went about my day. just hodl everyone and relax. thank me in 5 years.
finally bit the bullet and invested last week, at the peak it seems atm😂 ill never sell for a loss! let it drop 99% ill hodl and in the end come out on top. its not just the 'whales' who play an important role. if us as retail investors stick to the same page and keep faith in our investments this will be just a dip. if we play their stupid manipulation game and sell like sheep well maybe they can achieve their aim and destroy crypto for good...
the only panic i'm experiencing is that i'm almost out of money to buy more crypto.
the only way i'd still own btc . i'm a paperhanded bitch.
it amazes me everyone thinks they have all the time in the world here. nothing but admiration if i'm honest. i've watched people taken by cancer in less than a few years. some a mere months. you should not measure people's expectations by your own. crypto attracts people for a variety of reasons.
if i had bitcoin in 2009 then that meant someone bought it for me and i sure wouldn’t have figured out how to sell it back then, lol 😂
yes! this!!!!!!!! every tome o hear peope say "oh, if i just..." oh please. this is when you stop looking at the drop and go enjoy the world for a month or so. but no, the screamers are out, making it worse. scaring the paper hands. its ridiculous. thank you for posting.
ive held on since 2016. havent sold once.
my issue is not having enough extra cash to buy more right now at a thiscount.
hodl?? hodl!!??? im buying this fire sale baby!!!
crypto is amazing, it went from "it is to take away control of money from the government" to "what if wall street, but it is 1920s and there is no oversight"
i had been umming and arring over crypto for several years as well as having a btc sob story (my wife stopped me investing when it was £75). i had done an appropriate amount of reading, watching and even downloaded books on audible. i took the plunge at the start of march, with some cash i had before the new financial year. it **is** money i could afford to lose as i do not consider myself a *complete* idiot but i do have a question: ' # what the actual fuck?
the only panic i am feeling is at not getting fiat fast enough and missing the deepest of dips
💎👐 90% of my porfolio is eth with no intent on selling for 5-10 years.
i've been in crypto for a couple months, and even i know everyone selling now are fools.
i'm in this to become a millionaire. so, if it takes a year, 5 years, or even 10...im not selling until i hit a million, minimum.
jokes on you - i’m hodling until i myself become a millionaire... or my child. or my grandchild. or my greatgrandchild. or ...
i am completely calm. all i had to do was switch colors
this. i have "lost" more than i could even manage to save just a few years ago. i used to get sick at a 10% drop. now i'm like "oh, time to buy a little more, then stash or stake..."
jokes on you i never even considered selling and me showing the level of diamond hands i have makes it worse that i did not buy back then.
held through 2017 and im still holding. you underestimate my laziness. selling is just way too much work.
i made a coinbase account in 2013 and they gave me a free penny of bitcoin. that penny is now worth 2 dollars.
i think i aged 20 years today... i hodled but holy moly, that was very hard to watch...
you're probably right. still not going to feel bad for selling before a huge dip and potentially rebuying when its 20-30-40+ % cheaper. gains are not only made on the way up.
my portfolio went down 40% and i’m cool as a kitten
i’m always worried i’ve missed the boat.
im not panicking. this is why i invested only what i can lose, no more, no less.
exit strategy’s are key in not getting wrecked
not true. i bought bitcoin in 2013 and have never touched it. i have however panic sold pretty much every other coin at some point.
panic? i'm vivid! this the fall before the rocket! now to make millions!
the only thing i regret, aside from not dcaing after 2017, is not taking a little bit of profit when matic was up in the .50 range. tbh i did panic a bit last night, but did not sell anything. i bought a *little* bit more eth.
im just seeing a flash sale. coinbase today finally put me on the eth 2 staking. so now my eth is earning some interest.
i'm a bit invested (noobie, probably less than ), and i'm actually excited about this because it is a great opportunity to buy a lot more. the only problem is that i'm broke.
i am sad that i didn’t have any fiat with me. still managed to buy . eth ais staked on binance for 2yrs so no point in selling.
not sure why anybody would be panicking right now... im seeing fucking fire sales everywhere!!! ada? hell yeah give me 1500 today. eth?? sure more than happy to increase the holding by 25% anticipating more choppiness for the next couple weeks atleast and planning to increase it by another 10-15 if it does drop 10%+ additional. algorand? i guess ill grab more. nano? hey little guy you were trading at , get in my wallet!!!! if you were bullish before you should be even more bullish now as they begin to shed hype gains and get more in line with consolidated, realistic short term numbers. need bear movement in the market for there to be face ripping bullish periods like the last couple years have been. considering adding some monero to a wallet that will eventually be lost in a boating accident as well...
depends, i have a friend who has been buying and selling since september last year. he invested ... i would never be able to live with the stress of day trading so i have my dca-plan and i stick to it. i might not have the profit he has but i do not care. im planning to cash out within here and 10 years so i have time
if you believe in crypto and bought at 50k you are down almost 40% of your investment. it's no joke no matter your beliefs. last time this happened it took almost 3 years to recover. panic is just normal at this point.
so true, haha. i bought more, crypto is here to stay. don’t be a tourist.
got into eth about four years ago with an amount of money i was ok to say goodbye to. at the time i said i do not care if it vanishes in a week or explodes into incredible wealth; i'm waiting a year and seeing what happens. four-ish years later, it is grown considerably and i have no desire or plan to take it out. i have no idea if i'll ever withdraw it! meanwhile, i'm now staking and getting a little extra eth. pretty happy. hope this recovers, obviously, but it is always good to check your attitude or at least strongly think about what "investing" truly means when you get into this type of thing. while you may see your new crypto investment dwindle to nothing in the coming months, look at recent history and strongly consider whether you want to miss out on what's around the corner.
if you are holding not selling at ath you are simply greedy or an idiot. >crypto is a long play. then sell at ath and buy the dip and double your crypto. oh wait i am giving actual advice and not shilling, i must be doing it wrong.
that's why i always laugh when people tell me "man i used to have 100 bc, i would be rich!" no you would not, unless you forgot about it and recovered your wallet. people panic sell all the time and that is why that "could have been" mentality is super dumb
great, now we're r?
not really the same, comparing investments of couple of hundred of dollars and couple of thousands, but ok
i'm not panicking and i know i wouldn't have held in 2009. at least now it is been around a few years, then it was so new most people did not know if it would still be here in 3 years or 3 months.
lol i wish i had had bitcoin back than, because i'm not panicing at all, i'm buying more if so xd
not feeling panicked bro. these posts saying that i should feel a certain way are irritating at best
i'm not even looking, lmao. call me back in a few years. i'm going to the beach.
i'm really excited for the lows i really need to up my positions
i do not feel panic, and that is exactly why i would have held it on 2009 or maybe i do not have panic because i know this? damn.
if you hodl you have not lost a penny.
i'm thinking of getting in for the first time. but i have no money left cos i poured it into indexes and a mix of meme stocks that i'm hodling
i was excited and wanted to buy had it not been for the apps crashing. i would've panicked back then though
no panic here. it’s going to take a 90% drop before my portfolio is in the red. when in doubt zoom out.
tis’ but a scratch
i bought 50 bucks, now i have 49 lol
who's panicking? ' i'm buying more. ' !
i sold it all on sunday. all = 600 usd. would have been 300 usd today. oh well. and now for the next ride on the rollercoaster.
that dip is too juicy to pass up. i buy
i'm panicking! binance is not letting me buy anything!!!
gotta be honest, this is my first crash as a holder and i'm pleased to report that it is going better than i anticipated.
i am hoping it dips lower so i could buy more
i was pissed i wasnt able to sell my bnb holdings to get in on the mega dip... mega frick.
you do not know me, you're not my real dad
crypto is a way to transfer wealth from the greedy to the patient.
like my great granddaddy use to say… “don’t buy the tip, buy the dip!”
i learned this lesson with dogecoin. i invested at the 5cent mark and pulled out at 10 cents. it was great to make profit. but also taught me that i’m not that good at watching long term. so i gotta up my game. be more patient. if i had bought bitcoin at 100 bucks — no doubt i would have sold at 200. but that was old me. i learned since then! at least i hope lol. just hold :d
i just wish i hadn’t bought up to the peak over the last month. i’m ready to buy more
unless you really need your money in the next couple years. in which case you should sell and should not have put it into crypto in the first place. only invest what you can afford to lose.
the secret is to put your crypto on a hardware wallet, put that wallet deep in a closet and forget it for a few years. holding on an exchange and looking at the chart will just make you stress, panic and think of selling.
if you panic sell when it dips, you already made losses, so why not hold it for the longterm instead? just ride with the coaster man.
the only reason i'm panicking is cause i do not have extra cash to buy these dips
shiiii i’m buying the sale baby!
dude... i lost , and all i'm looking at this as is a buying opportunity. let the others panic - they are weak.
i’m not panicking and i’m holding everything i had, unbothered *af*
i'd rather it *all* thisappear, than sell for a loss.
i'm over here in the red a couple thousand with a smile on my face hitting the buy button.
i sold at 42,000gbp as i saw this coming. too much floating around at that price with not enough activity. bough back today at circa 22,000gbp, well chuffed. hodl’ing i’m still very anxious of. truth be told, i’m sorry to say i’m losing a bit of faith so i’m taking profits more regular. perhaps that will change but right now fiat is paying the bills
panic? i bought like crazy today.
all i wish is for more thisposable income to buy the sale prices
i sent all my 340 bitcoins back in 2011 to some arab prince that said he would double and send it back the next week, idk what happend to him
only the weak exits
i just yeeted 4k in eth and then threw them shits into staking so jokes on you op, i'm locked in either way.
a massive congratulations to the panic sellers because they let me buy my favourite coin at half of the original price. i hope lesson learned for those ppl
hah anyone who sold and made a heaping profit and bought back in is laughing out loud at this cult logic
> part of the reason for bitcoin’s weakness seems to be at least a **temporary** reversal in the theory of broader acceptance for cryptocurrency. this was on msnbc followed by a bunch of elon quotes. come on. bought as much as i could today.
my inability to sell the top twice now and refusal to sell the bottom or middle beg to differ. i’d have held out of incompetence.
i love these flash sales!!
no panic here. chillin'. hodling. buying lol.
i love these posts completely ignoring the poor folks who bought at the top and would not make their money back for another 3 years
nothing is certain, hold at your own risk. greed is a double-edged boomerang, etc
don’t panic bruhhhs….this a long term play. stop reading online posts from people that are cowards. now is the time to put phone down and utilize some cbd
crypto is a pyramid scheme. the only reason. because of this there is literally no way everyone in crypto can make money, its a game of musical chairs the first to cash out makes money those that do not have it lose value as that value is transfered to real currency. this differs greatly from stocks and commodities which have other mechanisms that can drive up the price.
i’m not selling ... i’m buying !
oh ok i’ll buy more when it go back again to
who here actually sold? i just went all in 🚀
yeah. people should chill. now's a good time to buy if there are any coins you think are good investments. i wish i had gotten into crypto back then. i was a broke kid in high school and then college though, so it was a neat thing i was vaguely aware of but not something i felt like i could afford to get involved in when i was just scraping by.
all i can think about is, what shot can i sell so i can average down. you know what’s better than buying eth at ? buying a bunch more at . paper handed bitches.
dude, i've been holding amc since early february. i do not know how to panic anymore...i'm pretty sure i've murdered that emotion.
and that is normal lol. i know that about myself. there's nothing to panic about. if you cannot hold it and are feeling anxious, fucking sell it. it's the same for all investments.
buy the dips and hodl = recipe for success. stop the high leverage trading and you would not get rekt!
hodling here, lol dip-buying, but the whole time my brain is going, “buy more now? is this the dip? or is the real dip coming??” shut up brain, we’re gonna go plant the garden!
it's why i do not have the feeling of missing out. back then i would have only put in max , and i would have definitely pulled out when it 2x hindsight 2020, we could only wish that our future selves could tell us what's to come, but all we can do is wait and see what happens
i've been sat sipping coffee, eating some food and not remotely concerned even as it fell to 30k earlier. barely even looked at the charts over the last week... meanwhile there is no way even i would have been able to hold from below a dollar to 64k lol.
but my heavy bags are all on alt coins and defi token :( i'm doomed then?
it is 100% correct move to exit here because of risk managment. you can protect yourself, and buy back in when theres less risk, and also be in crypto long term. these things arent mutually exclusive!!! its very likely if you believed in crypto back in say 2013, that you would have continued to dabble and buy more and various stages over the years. yall talking yourself into holding through catastrophic losses because of fomo. that coin you had a bag of when it was worth nothing was never realized profit! it never existed for you! forget about that shit and move on!
lost 50% of portfolio still hodling.
btfd time to get in where you missed out losers
sorry, all i know is hold. its all i know
most accurate thing i’ve ever read here
are we all still doing ok? please get help if you feel like self harm is even an option!
i will never understand why people bought someting at 50k, 60k, but at 30k oh no. not worth it. doesnt make sense. if you let me buy the same vehicle i have for 1, i would be all over it.
i put in about the same amount that i’ve gotten for free over the year so far from coinbase. i’ve lost all i’ve put in, but i’m still at a neutral point because of the free crypto from coinbase. i see this as an absolute win. 😎💰🙌
feels weird that i do not feel any panic, someway i'm glad about the dscount prices
it’s just i was doing some short term trades on a couple shitcoins i planned to sell out of in a couple weeks. lol i mean, all money i can afford to lose, but lets be honest, no one ever likes losing money. even if it’s only -. the rest of my cryptos i’m just chillin’ with.
funny, i thought about this exact topic today; whether i would've held onto my btc if i was an early investor. i weathered this crash and did not sell but, i know for a fact that i wouldn't have held onto my btc in the late 00s. i was very thisorganized (borderline dysfunctional) in my 20s and always cash-strapped. i would've inevitably sold or lost the wallet info.
i agree 100%! i'm buying more eth and vet ada xlm lol... i have a 10 year window where i'm taking half out... hold strong!!
nah. 12 year old me would have forgotten i bought it in the first place in 2009. so i would have never sold because i’d lose the wallet by the time i realize.
you could say this about literally any investment and sound smart. truth is no one fuckn knows
i mean thats easy to say but there are likely a lot of people who spent maybe like
man i wouldn’t even know it was crashing if it wasn’t for posts like this.
i’m holding and smiling.
i think about this sometimes when i'm cursing myself for not getting into bitcoin when it first came out. i 100% would have sold out the first time it was worth *anything.* i never would have had the confidence to hold, especially when i was younger, poorer and much more short term focused.
this post exactly. the money i have in is gone as far as i'm concerned. will check back in a few months.
stay strong best wishes 🤗
i looked at the crashing market, thought "oh, neat" then went about my day. this money should only matter to you when you reached your goal and cash out. if yall do not expect to see a crash now and then you are in the wrong place.
counterpoint: if you'd sold a week or so back you could have doubled your bags today. blind hold is a valid play, but not the optimal strategy unless things literally never correct.
exactly, hindsight 20. people like to talk about “hodling”and “buying the dip” only when it’s hypothetical. when blood starts flowing, most people are gone and panicking.
instructions unclear bought more.
and not buying now will in hindsight annoy you as much, as looking back at not buying at 10k.
wouldn't believing in crypto longterm require using it for its intended purpose of transacting, and therefore not hodling it?
as a 0 . i hodled on not buying this entire time while watching it. thats a special type of hodl
i like the fact that everyone tries to convince other people that crypto is the future and cash is just paper, but their goal is to trade the future for an higher amount of paper.
none of you bought crypto in 2009, including the op. if you had, and had held you'd all be worth + and you wouldn't be on reddit farming karma like a bunch of losers in a crypto sub in 2021. anyone talking about hodl in 2021 missed the boat. there is literally no one in this sub worth taking advice from. op, show us a screen grab of your portfolio og. none of these hodl posts show their portfolio. ever notice that lmaoooo.
yall want to live ina fantasy land so bad lol
what panic? this is a fire sale.
not feeling panic. planned to hold long term. not worried.
only thing i'm stressed and panicking about is my college and my thesis. i know crypto will bounce back.
sir this is the internet, of course i hodled.
why all these post “if you sold now and if you did so and so you don’t know nothing about crypto or aren’t worthy in my eyes shit”. who cares what other people do. panic sell, panic buy. it’s all part of the market. swing trading and shorting is part of the game too. you can just as easily make money shorting crypto as you can buying low and selling high. to each their own. these posts are stupid and copycats of a thousand other obviously bitter people who didn’t sell at profit and are now attacking others for selling. dumb. maybe the lesson should be become a better investor. learn more ways to leverage your money instead of “hurr durr never sell durr huh durr”. yes hold if you’re too lazy to learn proper trading and charting. it probably is the best for that type of person.
ah yes, the daily copium post
dont own bitcoin so i dont need to panic.
these posts are so useless and cause people who dont know what they are doing to lose more money than they can afford to lose. you're giving financial advice to inexperienced traders.
i bought the dip today but i still find the logical flaws in your argument to be insurmountable. you realize that some people have their crypto amounts go up and down right? and they can still be in it for the long term, right? today was a buying day but there are also selling days.
you're right. i would've sold when it was 200% then waited for the dip to buy, rinse and repeat
btc to hit over 100k this summer and eth 10k! lol right! fanboys got owned with their inferior dinosaur coins.
fuck someone posted a link to a youtube video explaining the theory of btc and how it’s actually being controlled by bigger whales—if someone finds it can they reshare
my panic is trusting coinbase i accept volatility not fraud
why not sell off and buy back in after it stops crashing?
not really. most would have spent a few hundred $$. much easier to hold and forget - which is what people put into crypto these days.
stop telling people to hold bags that pump and dumpers have long since let go. most crypto is worthless trash, any that succeed are flukes of advertising. any person in here that does not understand that this is a purely speculative exercise should not be hodling.
better than selling at
you are exactly right.
jokes on me i posted this earlier
honestly i was ready for this, never over invested\~
last night turned my coal hands into diamonds.
op is correct. don't think like a child and will make $.
basically this, yeah. i'm looking at my crypto ticker widget and i feel nothing
i’m new to crypto, few days ago i purchased 200€ worth of crypto now i only have 100€, but i’m not panicking or something like that, i just bought more and more
definitely a great point. there’s always this “i wish i had invested earlier” but i know for a fact i would have been too green to know to keep holding. the concept of long term holding is something i only came around to in the past year (and with stocks too): buy now, with the mindset that i’m buying it for its future value, not for an immediate quick-sell turnaround.
smart traders who understand and believe in their crypto, stay on holding their precious cryptos.
literally not panicking at all. if you come from nothing and leave with nothing, what you lost? nothing!
hey i'm holding, clenching my smartphone in a vice like grip and i aint selling, because i could not if i wanted to with the current state of exchanges.
bruh im down 65% and stil hodling like a true king
shit we’re supposed to be panicking?
satoshi is still holding though.
here for the long game. these dips are scary but not permanent.
best post in a long while^. i’m hodling since 2017. i have bitcoin, doge (everyone here’s favourite pariah), and 26 other coins. i set a date, not a dollar target. i’m out on a particular day in 2025. that makes this easy. i watch the calendar, not the charts.
life is a long and fast play
i’m new to crypto but i’ve been losing money on get rich quick schemes since i’ve had money so i’ve got no issues hodlin til i profit
panic? on where to get more funds so i can buy at these amazing prices? i've not invested more than i can lose, and i've not touched my 6-month rainy day fund, but by the machine and internet god's crypto god baby, i wish i had more fiat laying around (actually went and traded in my coin). i'm thankful for the 'crash', i just wish it happened closer. on the bright side, my miners are raking it in (in crypto count as i'm ignoring the ) so i guess i am 'buying the dip' with a previous investment. a small shout out, thank you and commiserations to those that bought high and sold low. you took a gamble and it did not pay off. some days, you win, others you lose. only time, and what we learn and do with that knowledge will tell us what day today is.
i just hope it keeps crashing until payday.
ahm not exactly panicking. just numbed out. idk really
jokes on me, i am holding.
>beat the algorithm what does that mean?
isnt this literally a repost from yesterday?
exactly why i'm holding my matic and loading up
wise words. i just had to verbally slap my paper handed friend for selling on the way back up a couple hours ago... he went through 2017 with me also, some people never learn.
jokes on you, i'm not panicking.
yep. my first purchase was at 60k. still have it and added more last week. buying more in this dip as well. this is long term for me. 15+ years before i look for best op to sell a portion of it.
what panic are you talking about lmao
yesterday i took some profits from eth and put it into bitcoin, was about to eat the loss and tether up but i also did not want to buy high sell low lol funny enough the 150 dollars i put yesterday brought down my average entry by like 3000 bucks so that reasured me alot.
this is so true! can't emphasize this enough! it's always easy to say you'd held onto it but once you know how much shit is worth you cannot stick to it
i bought. is that a good sign?
seeing as how i can’t access cb or cb pro i’m hodl’ing strong !!!
panic? i'm just waiting for my clients to pay up so i can dive back in.
i've sold and bought back 3 times already these past 3 days. maybe it is time to stop looking at the price.
long term eh? long term sounds like an investment strategy. which makes it sound like a security. not a currency. words are important. fuck it. i’m hodling. and then, and then, i’m buying more.
i passed on btc for years. years. i remember when one was . i decided i needed a new computer, so i laid down some decent cash for a good system with 2 video cards. both of which i can repurpose. one for me, one for my daughter who wants to game. yes i was out close to , but i have a new computer and am prepared for my daughter when that time comes. it hurts to look at my portfolio, but what the hell am i going to do? sell? fuck that. hodl, what do i have to lose?
this is the type of posts they warned me about
i feel like a kid in a candy shop or a toy store
yeah, if we all have had held, bitcoin would not have had any circulation and resulting in dying.
the only panic i experience right now is for not being able to buy the dip.
staking is a great way to force yourself into holding 🥰❤
woke up thought "fuck" then looked again and thought "diamond hands"💎💎💎 this guys not going nowhere.
i've been broke my whole life, i've smoked pounds of weed away over the years and drank my 20s away, now coherent i'm investing what i can where i can and i'm holding, this is more of a high i've had watching the red days and green days. it's like the final circle when playing solo on warzone and like 5 people are alive! feels good 👍 my only regret is not investing earlier. good luck to all!
i just flip my screen and everything is up
this post simultaneously gate keeps 1) bitcoin, and 2) hodl'ing - making you a jerk.
this is absolutely correct. i owned bitcoin at sub . now when i buy a coin i plan to hold until i've achieved a significant profit.
crypto is bigger than any country ,only a matter of time 🚀🚀🚀
you cant change the world in one year or even three, but it can and will be done.
selling now is like burning money, yes you can try to sell and hope to buy back at even less before the next bull run, or you can hold the line and eventually you will get back even more, for who wants to invest in crypto i think now it is a good moment to do so, probably you will experience losses in the short term but you will probably get huge gains in the long term
if you believe in crypto you do not care about value in usd.
this is nonsensical statement. if you bought back then you'd be investing what equates to a meal or something and getting what now equates to a few vehicles or a house. ' not sure how you reached this ridiculous assessment.
the only thing that stops me from selling is i do not want to pay exchange fees. as long as it costs me , i hodl.
thats why when you think about investing in crypto you look at your long term goal is to own as many good coins and btc you can get for as small fiat imput as posible you acumulate on pace your thisposable income alows when some of your coins moon, you sell a bit and put it aside to buy more later
not sure why everyone is panicking... i just washed away all my taxes for this year by selling and rebuying. oh wait... illegal in most countries. guess that is why.
lol op, you said crypto is a long play. there am not no time for playing when you are in the long hodl.
wym bruh i’m holding
gotta be fair with you. i am loving this. no panick, just that adrenaline that is running from time to time.
if you’re cuckoo for coco puffs, you buy a lot of coco puffs. if coco puffs go on sale, you don’t throw out the boxes you already have. no sir, you buy a boatload of coco puffs and maybe some stock in shamrock farms to profit off all the cereal you gonna be eating. tl;dr: i want some coco puffs
i'm cool as a cucumber rn. buy more and hodl.
idk man people overly stressing on how crypto is a "long game" makes it even more skeptic to believe.
op thanks for highlighting this, i think a lot of people needed to hear this, myself included
the laughs i have reading the reddit crypto threads make up for my losses
i have not sold a single coin.
i sold at 47k i’ll get back in when it bottoms out
preach silver lining: eth and btc are having a flash sale right now, get more while it is cheap!!
can i hashtag your crypto
i felt like buy more ethereum 2 days ago: i did!; and i read about the rumors fr china yesterday and didnt sell nor took it seriously; and now i have anxiety. like a kid in the darkness asking his mom: please tell me everything will be ok🤡
damn, i could have been a millionaire or even a billionaire.
i see green i buy, i see red i buy more.
exiting? jokes on you, this ape sees dip and buys
disagree, one can believe in the tech and be in it for the long run while also simultaneously pulling out before the bubble bursts so you have more to put back in afterwards.
i never really thought about it, but i think you’re right: i don’t think it’s an issue of the price fluctuating so much as it is the percentage of the price. dropping 30% of ,000 or .
this is just a fire sale for people late to the party. i've been staring at coinbase for months and only just realized i could buy fractions of coins. it was the only thing keeping me out of the crypto market.
i agree with the author, thanks for writing this post. i surf the internet a lot and read various traders, some of them are walter bulls and alts trader vong, they are one of those who understands cryptocurrency and always guess price increases. helping me make my wallet even bigger. do not give up. you have not lost until you have sold, know this
i was only scared because i’m (was) leveraged to the tits 💀 liquidation means my crypto gets sold i got no problem with a 90% dip can hold through that a second and third time
what if i tell you that it was all pre-planned.
this is an incredible opportunity if you can hold on!
so you’re saying i would be filthy rich today, got it
i’m panicked but i’m still hodling
i held everything, and bought the dip. gonna buy even more when it dips again.
i am one with the volatility. the volatility is with me
i do not want to beat anyone. i just want the dream that i had yesterday about driving a lambo today is not complicated by the fact that i have to consider letting my son wears one less diaper per day to save money because the damn crypto market tanked. can't a man just dream and not get rained on by a decline? any advice on that?
what if i told you that i am not in panic. hell, i would buy more if i had money
i just got into crypto few days ago after reasearching it for a while. invested few hundred. i plan on holding it for few years. i do not realy need the money i invested right now so i'm happy, i'm patient and even looking to buy some more
diamond hands deserve lambo, paperhands deserve used toyota corolla...
who's panicking? i've been in this group for two months and this crash seemed expected...
held my nutz tight. ain’t no thang brotha.
sounds like another person who took a big hit and is upset about their losses. big yikes. move along.
i’m convinced most of these ops are from some asshole that works for citadel or is an aspiring comic book villain. the satisfaction you obviously get from bloviating about your superiority is nauseating. did you buy in 2009? you must have thousands of coins since the price really didn’t tic until 2010. if your answer is no i don’t have millions from 2009, what exactly makes you the authority?
no shit of course not
are you kidding me? this is great. i'm buying more :d
buy high sell low most people are weak minded. hence whales do what whales do...
no panic here. cool as a cucumber
which panic? only panic was that my € did not allow me to buy more during this dip
i haven’t looked at anything in like 4 days. i had to delete my app cuz i literally was having nightmares about losing all my money. it’s hard at first but i’d encourage you to do the same if you need to
i’m a bit sad at my entry because i would have been holding more if i waited to buy until now but i’m not worried about my investment at all.
"beat the algorithm" what is meant by algorithm? isn't the market value of crypto self governed?
won't they just buy more for less :/
four bitcoin= 1 xl three topping pizza >>> and it was a really terrible pizza if i recall correctly🥲😅🤣🤯🤤😵
brande new, got in at the beginning of april this year. just hodl. this is still lthe beginning of crypto. play the 4-5 year game and you'll still see huge gains.
oh laawd i believe!
very true. people always say if i’d only known about bitcoin at this low price. the truth is if most people knew about it at that low price they would have sold it at a loss when it crashed.
why everyone is talking about panic? that’s a new coin? going to the moon?? i’m getting fomo
most people are not buying for the tech, they are buying to try and become rich and that is just the state of affairs.
my only panic was when i was having a hard time getting in to buy more.
i tell people this all the time! if you had something worth over a thousand dollars that you bought for pennies, you would of cashed out after the first dip! especially if you made it to the dip after 2017!!!!! holding is hard when you don’t believe.
i made it through today with selling absolutely nothing.
this is a good post 👍🏽
when does the longterm play end?
im so deep in denial that i cant feel any panic.
i was trying to panic buy until binance decided to pull a robinhood...
the only panic i'm feeling is from my inability to buy more right now because coinbase died and i cannot login to kraken.
im not panicking, im not in for more than i can afford to lose and im hodling. the only reason i sold in 2017 was cos i needed the money for a property purchase and the whole buying and selling process was shite. i sat for a couple of days waiting for my money to hit my acc not knowing really if it ever would. its all a bit more polished now, so least if im going to get fucked it will look good!
it'll rise again, it am not no thang. even if it does not, i only ever put play money into this. i miss seeing my pretty flip-profits though. they managed to get pretty sizeable!
i bought more... i'm doing this right, right?
diamond fucking hands!!! i'm not here for a couple gs! what the actual fuck! i'm trying for real fucking money!!!
my viewpoint is i couldn’t care less about the money i have invested there right now. it’s not an amount to scoff at, but it’s also not getting me to barcelona any time soon. so i’d rather lose it all than have it sit around and do nothing for me. that’s why i’m in crypto. it’s incredible technology that i can leverage long term to compound on itself, make crazy gains, and look back and thank the fuck out of my past self.
when things are looking good, i hop around between alt coins and make risky trades to increase my portfolio. when something like this happens, i freeze and treat the market like a t-rex. if you do not move, it cannot hurt you.
i have been buying and hodling since mid 2017. it hurts to see the big dips especially when it is from market manipulation. but i look at is as a buying opportunity. the hard pill to swallow is when i thought yesterday was a buying opportunity and went all in with my cash reserves only to find out everything dumped overnight. keep hodling and we should be fine.
imagine getting your advice on yt only to not listen to all of them say... do not use leverage... do not invest more than you can lose... i hope they all recover fiscally and mentally.
panic? i just grind on and forgot about that money. see you all in a couple of years
i dunno, if you bought last year and just panic sold you still won. i'm not selling, but a lot of sellers just left with profit. there are many ways to bitcoin, not just ours.
i'm very happy this is happening. strong-hand hodlers understand the frustration of trying to accumulate and build your position when prices are running away. thank you, elon. somebody needed to pump the brakes on this and you did all true hodlers a real solid, and we thank you for it. now kindly shut the fuck up.
let's be honest. if i did buy btc at 1 dollar, i probably would sell it immediately when it reached 100 dollars. i am an average joe, 100x is a rare thing for guys like me.
mate for new people that bought it at much higher price it’s a no brainer to sell it now and buy it later on cheaper. i can’t stand this nonsense...
the pipe dream of 2009 where bitcoin would be the new “savings account equivalent” is being realized more today than ever. bitcoin is working in that one of the biggest reasons satoshi created it was to prevent the wealthy from stealing time (money) from ordinary people via inflation, lack of access to cheap capital, and lack of access to certain investment vehicles. i wish it were easier to transact in bitcoin, but even satoshi posited that an l2 could be needed in the future especially for smart contracts. the usd is going to have massive inflation in the next year (look at basic need costs like protein especially ruminant proteins over the last five years to the end user). this is a pivotal point in the world and most notably in america. we need to educate people more on the importance of decentralized wealth, money, resources, etc.
i'm panic refreshing to buy usdt so i can buy more btc lol. unfortunately binance was lagging and missed that sweet dip.
i'm not panicking. i do not plan to start drawing for at least 20 years.
but what if i'm not experiencing any panic? if my whole portfolio got burned down right now i'd still be fine, so if it tanks it is what it is. i'm not panic selling at a loss -- i'm here to retire early, and i would not do that by losing money.
this is an excellent post, that others should share around!!
but why such volatility and what.
all i see are coins on sale
yeah i panic bought ada, eth and btc.
but i didnt sell and bought more? soo... i would've been a billionaire?
i’m here and quee... wait can i say that here?
buy the dip 🔥
that is absoutely true...
naw i know where my coins are headed. it is however extremely frustrating getting liquidated, just boom like nothing. heaps of good trades just gone. that does hurt.
feeling greedy. might buy, now
i'm still new to the game and all i see is thiscounts.
am i crazy for not panicking at all? i feel like this is just par for the course, although i'm a little salty that i was asleep during the big dip this morning.
i’m laughing at the daily and my portfolio burning alive with calm assuredness
every other post on here are from crypto gatekeepers who love the smell of your own farts. you’re as cringe as doge in a more stick up your ass kind of way.
thoughts on wink ?
still holding, and holding long term, do not forget to accumulate and patience is the key. i have set an amount of fiat i am willing to invest per month and consider it as lost right away, i think that is the way to keep things mentally under control.
i’m feeling no panic. i buy to hold and see this as a fire sale.
more likely you would have lost your coins on mt. gox if you purchased during the early days.
some people buy low, sell high and repeat. i am not talking day-trading , but short term is definitely viable. crypto went crazy and it deserves correction. i think tomorrow we will have a day with a slight green candle and it will continue the movement down afterwards. of course this does not need to take place. everyone judges by themselves, but i am done with the crypto hype in this group. if you want to earn money, you need to thisconnect from what others say, choose a strategy and follow it.
1. shushhhhh... and hodl. 2. enjoy the temporary crypto thiscount
2 months is not long term?
dollar cost averaging time shall we
if the previous all time highs of 20k hold we're already doing really well. it's hard to time the market just buy in little pieces when you can and have patience. i started after the first run up in 2013 and bought all the way down to 'm just holding. 64k is way less of a run-up relative to previous times so either this bull has not finished his run or the price is stabilizing more this time than in previous run ups. i think it will shoot to 300k and then level out around 110k either now or perhaps in a few years if we go into a quiet time.
buying ath and hodling is bad trade because there are people who are up more than 800% and will dump on you. you may end up waiting 4 years just to break even.
sell em yo coins muahhaha
indeed, best is to invest and try to forget that it is money. think about that as numbers... think more about its utilization and what you can do or will do with it in the future (not only that you will sell it and buy a house or pay your mortgage). there are tokens... eg. fil coin for internet storage or cdn, bat for advertisment, tipping or micro payments (etc.), myst for vpn services, and of course eth, ada, or spark (flr) for using smart contracts. did i forgot something? oh, yeah btc is your safe bank alternative (but i'm not bitcoinist at all). or you can trade, why not... it can be very profitable, but time consuming and stressful.
how’s perfect time to buy ltc
cool as a cucumber in ada instead
i bought all my crypto right before this drop, but i know it’s not about the short term but the long term. patience is key 🔑
i’ve deleted the app already ... not going to see anymore red !! this is long term investment, had i get any extra cash, i would have invested more ... seems to wait for a month to get my salary !! never invest more than you willing to loose is a mantra !!
if i was a raging neck beard at the time rather then hopelessly addicted to muds (text based rpgs) i'd have bought a few for fun. i also did not panic sell :d
i'm all for thinking you would have been the one that held through thick and thin but if you're going to think like that—please be honest with yourself on what that they would have looked like and been like if you did
i was pretty shocked when i woke up to find my portfolio down by over a third in the course of just one night, but my initial thought was just to buy the dip. the whole point of crypto is to have it as an investment, i do not plan to cash out until i really need the money, so a crash right now makes no difference to me. i have not put in any more than i can afford to lose, because investments are always a risk.
an old trader once told me the ones who become rich are not the ones who quit when the markets crash, they are the ones who get a good night's rest when they do.
bought shit load of ada morning. very happy happy now.
the fuck are you on about? this was buy day. not panic.
exactly. this is only the weather. sometimes it is windy or rainy. currents moving, this way and that.
well, i'm still hodling so...
yep. i mined back in the day, sold at .
just dropped more money in. very lucky to be in profit still realized and unrealized.
people panicked?? what the! it’s on sale! enjoy it while you can :)
what panic? holding since 2014!
*meanwhile those of us who were waiting for a jumping in point* "ehehehehehe"
the only panic is to buy more, cant beat these prices baby!
i don’t have any panic at all. but yes, most folks would’ve sold bitcoin early if they bought it at less than a dollar
someone needs to make a song geared towards hodling for some motivation
i was perfectly happy last month, why would i panic now?
never sell your crypto when it is on sale.
lmao this whole dip is p sad
i just buy crypto follow this sub and check once a month how everything's doing! and honestly could not care less weather it tanks or not
panic? i increased the amount of btc i got thanks to this dip from trading back and forth. it's a great dip!
and for those of you who recognize it is a long play, are willing to play long-term, and are looking for ways to passively increase your gains over the long-term: you should consider holding your coins on an exchange that pays interest. there are a lot of exchanges out there that pay compound interest in the same coin that your holding, just for holding it on their platform, unlocking passive, exponential gains. for example: imagine if you were holding 100 btc in 2009 when it was less than . if you were earning 4% daily compounding interest on that btc, you'd have an additional 61.6 btc today without spending another . without interest, that . . with interest, that . .5m today. ' if you are interested in earning interest on your coins, check out [this spreadsheet]( i put together that compares interest rates on 140+ coins across 15 different platforms to find the best rates paid on the particular coins you're holding.
this is not even that bad ? like if this is our crash for the year wow am i excited
correction; the poorness i’m experiencing now is why i wouldn’t have bought that dip or this fucking dip.
if you cannot hold you'll never achieve wealth trading. in crypto, the stock market or any market. it's the first thing you're taught when being trained to trade. hold.
that's exactly what i tell everyone when they start this whole "man i wish i bought bitcoin 10 years ago". bro, you would've sold at 5000.
i was scrambling for funds to try to buy :-(. held since circa 2015
then why do i still have so many bags of shitcoins i have not sold, you fkn wise wizard
hahaha. word. even if you made it through the hard times it’s even harder to not take profit. i remember taking profit on bitcoin i bought at —damn! that was awesome! and then not two months later i’m crying like little bitch.
i'll never be out, trick is to stack enough during the bear that you can afford to take some tidy profits and still hold a big old bag, then you never lose. could go to 0 and i'll be in the green. sitting back and enjoying the ride.
i started investing in crypto a little bit after the new year. my portfolio is redder than the devil's dick right now, and i'm not even a little scared. i'm here for the long run
who’s panicking at thiscount prices?
and i ran out of cash to buy more!
really? only reason i’m panicking is because of
i would cash out enjoy the profits and invest in a smaller coin going up lol
the only thing i am angry about is that i could not buy more usdt on binance with my card, to buy more eth!
treat it like black friday deals
i dont panic i just sell then i buy back when it goes back up
it’s cult like when doge people say hold and buy the dip, but when you guys say it it’s the smart thing to do
wait... panic? i just bought lol
it's not panic when i've been waiting for it to crash. i bought more.
you can hodl or loose. your choice
panic? coinbase just allowed me to stake my ethereum. i locked down my tokens during this dip. i believe long term. i came for some quick gains, but you all showed me what crypto is all about, now i'm a firm believer.
they'll be back 😂
markets have cycles. who gives a shit.
keeping my hands 💎 there's fuckery at play meant to push out retail traders. look at the bigger picture
this is so true. i know so many people who exited in 2013 and 2017 during the crashes.
hodl!!!!! 🖕musk! 🖕 china!
i’m kicking mysef for not buying when everything dipped by 40%.btc was briefly at 30 k and ada at 1.10
this is very good time averaging down my position. not selling a single one even though lose 50 percent atm.
well that doesn’t happen to me. i am 100% positive i would never have sold except obvious tops. why? i don’t need the money, i believe in the tech, and i am a long term trader starting in runescape where btc is behaving like the partyhats in runescape. begoming rarer and rarer and more valuable over time.
im a gme hodler. this aint squat lmao i doubled down and bought more ada, and eth. the only reason i didnt buy btc is because i spent my money on those 2.
my dad keeps bugging me about bitcoin telling me how we could have got in when it was around (when i mentioned a word bitcoin in a conversation about investments). and this is exactly what i told him: yes i know we were perfectly capable of buying a bunch of bitcoin at , but we did not because we did not really understand it, and we would have probably sold at like . but we did not and at least we do not have to regret of how nice of a life it could have been if we bought and held until .
my entire portfolio took a dive, everyone’s did. but labra for some reason has rebounded faster and is still growing, even today. it’s deflationary so i’m guessing that has a lot to do with it. i was down ’m already up . i missed gme and amc, fuck doge, but i got on the labra train last week and so far its the only one paying off for me!
i am only panicking because the trading app i use was down when it was the perfect moment to buy more ... still bought some but could’ve got more of said trading app worked properly during the dip!
p r e a c h 🙌
i just assumed that people were shifting to eth
i made a killing shorting today, does nobody see the bankers box that was setting up a short today?
how high do we see bitcoin going long term?
meanwhile i just staked my eth.
only reason i got out of bed today was to buy more eth and btc then i immediately staked my eth. matter of fact, only reason i check the charts at all is because i’d be more stressed if i missed out on this sale.
i just got in about a month ago. right after i started investing that turkey announcement happened. since then i've added more. all the musk and other negative news events that have hit have sucked but i'm not phased. i knew coming that crypto was extremely volatile and i still had no idea it would be this crazy. i've seen some wild swings both directions, positive and negative. i'm just going to hodl and buy more dips if i can.
my assessment of the people jumping ship: you never believed crypto is the future currency. that's fine. there's no issue with not believing in it, but stop looking for the next coin to pump or how you can make a quick dollar. grab yourself a youtube video and figure out how to invest in stocks or something else. you are only hurting the community who want to see these projects succeed!
you do not understand the power of the dark side, do not underestimate paying your bills off . we do what we have to bro , i started very very late to crypto like in feb, after a few moments of buying, converting , buying converting . i sold at a loss when i saw my first market gone down shit, since then i learnt to hodl and stick to the tokens. as for bitcoin, i knew of its existence when it came out, but being on shit money at the time and with no way of increasing my monthly pay packet , loans to pay i did not look into it. nothing to regret, it is what it is
i threw money in crypto like a time capsule. it’s dead to me until i retire
right? i made the most profit through something i forgot i held and saw it went up like 5000% in 2020
panic? i'm starting to enjoy sitting in flames.
well shit, then i definitely shoulda bought btc when it was less than a 1$. today has been about as stressful as a christmas celebration at someone else's house.
i am quite angry that the market recovered as quick as it did. i wanted more cheap coins.
now i feel even more sad about not having bitcoin back then cause i have not sold a thing, i just bought more today.
hold what you have. and buy those coins you have wanted but seemed too expensive last month!
i'm honestly surprised at how it is not bothering me at all. i think i'm confident enough in it that i dont feel the need to sell off and bail. this is not the last bull market, i'll regain.
a perfect day to buy… ☀️ 🌈
i feel like it is much worth to hodl bnb instead of btc atm, is more convenient and cheaper, and the stakes are 10
can confirm as someone who sold all my bitcoins in 2013 when it hit . that kinda loss where you didn’t really lose but could be typing this from a castle right now if you just fucked off for a bit... that kinda loss hurts. it hurts you right in the learns
panic? i was soooo freakin happy to finally get some good buys!
panic? i bought more.
i wouldn't have but i was a poor artist for a long time. if it had made money i would have found a way out. needing cash to you know live and all. i have not cared now, because i always bought to hold.
thank you for posting something useful, informative and interesting. i hope all the convos start to shift toward this rather than panic or repetition
lesson learned when i sold 75% of my bitcoin when it "peaked" at about 500$
hello everyone. new to crypto, looking for any advice on a good mobile trading platform and. seen there is a big dip going on. seems like a great time to step in the door. in it for the long run. from a brief study looking to invest in the following eth, ada, link, algo, xlm, matic. any advice welcome. thanks in advance.
or if you bought at sub 10cents sell when it was at 50 last week then buy it again when it plummets. worked out well
i'm not so sure this is true. in these later cycles we are much more certain that it will bounce back eventually. back then, most people weren't so sure...
so, i feel absolutely no pressure to sell and i'm content with what happens. does that mean i would've hodled?
honesty time for a lot of people in here (90+%) you are not here for crypto you are here for fiat gains, which is why you are experiencing that deep feeling in your stomach as you watch your savings go down the drain.
i bought more... does that mean i'm good at crypto or an idiot?
' *once the sun did shine* *good lord, it felt so fine* *the moon, a phantom rose* *through the mountains and the pine* *and then the darkness fell* *the moon's a harsh mistress* *it's hard to love her well* ' it's hard, just hodl and we will get to the moon.
seriously, i’ve heard so many people talk about how there buddy sold out of btc at 1000. people don’t realize that no one in there right mind held on to bitcoin they bought at less than . not to mention a large amount of bitcoin from that time has just been locked in old wallets. pretty much gone forever. i’ve read that it use to be something you would download after purchase and keep on like an external hard-drive, and if your hard drive broke you were just fucked.
bought in at 50. never sold a coin. set your exit point and walk away.
panic? shit is a fire sale right now. this is great
let's be fair, though. for new investors, the first dip is scary as fuck. but when you've seen it enough times, it is just the start of the new fomo cycle. a springboard to the next peak price after the media has a bored day and decides to start hyping it up positively again.
i absolutely would have sold at the first bit of profit if i bought when they were £17 i'd be a crypto millionaire today if: i bought damn things at £17, and i also lost my wallet key until recently (which wouldn't have happened)
my secret: everytime my portfolio goes down, i introduce more fiat. then it looks like i broke even!
i feel like buying the dip, but it still can get lower
i wouldn’t mind another 50% crash from today’s lows.
the only pain is that it catched me without usdt
panic, what panic? and i'm still holding the one bitcoin i mined back when it was not even 10 dollar each.
eh i never feel anything anyway, just riding the wave.
this is so true. market correction is healthy.
wait, do you mean cheaper satoshis?
not me, i sell low and buy high.
not sure. elon did some knee jerk reaction bullshit bc he was playing crypto god bc a few idiots tried to upstage him on snl and short . elon caused uncertainty in a speculative market. hodl but this only hurts the little guy. elon does not feel the loss or gain of 40b a day either way.
ha! chumps! once the dip started i just went and found another hobby. i'm just going to ignore it until i'm making money again. it's time us to all go outside and get some fresh air
my friend here was mining back in 2010... she lost her password. her account is close to .5m on her , still cannot get it. she hired a hypnotist, a hacker... cannot get it. ' what i love about her attitude... she said, 'i would have sold at , or at least a lot of it'. ' that said, she was moving boxes and found a sheet just last month that she thinks is the password. so you're right. how many really held it all... not many.
so chinq banned crpyto?
all the cry babies on elon’s twitter lmao
yeah, sure. sold my last cryptos today early hours, and been selling since last friday. it's a good way to double our position. sell high and buy later lower. and if i am not lucky to see the cryptos fall another 50% at least i will have peace of mind the next few days, and buy back later, there is always the tomorrow, never fomo and do not panic hold.
this is what my friends that got me into crypto told me. good thing im staked and its not coming out for a long time 😎
people dont 'believe in crypto' though do they, they believe in trying to get as much fiat back as possible on the back of something that is supposedly against fiat, dumping their bags on the last hodlers. what % of people do you think are 'in it for the tech' these days, they want a quick effort free buck.
pfft. i have not sold since 2017.
the lesson i’ve learned after many years is even when you sell, keep a bit back - just in case. say you sell 80% and take a tidy profit. that last 20% should be your never sell fund. stick it in cold storage and forget about it for a long time
this is the way! buy the dip, hold through the tempting peaks. win in the end.
so are saying i shouldn’t have been panic buying all day?
being someone who sold btc at . (early 2017). did amazingly well later though, thanks to link and eth, but also lost some on ark, and a few other coins. ' only recently did i try to buy into those "meme" bsc tokens, just with a few hundred dollars, and made one hell of a profit on elongate. didn't sell the top though. just found flurmoon, which is another gamble, threw , and managed to 20x my position. pretty lucky, and with a market cap below 3m i believe there is still room to grow. contract: if anyone is curious though. i got burned hard during the 2018 crash, so that is a lesson learned. nothing goes up forever.
ok so now that it’s going down it’s about the money but when it’s going up it’s about the tech just a lil extra to your post king fun fact for you i sold 4 days ago after the first dip taking the profits to have a nice summer without work nice
yeah i mean its one thing for people to look at the incredible success that bit coin has at its peak vs realize that you know say you had had the opportunity would you have stayed in to the point it rose to success or would you pull out early?
back in the day i bought 1btc for £9 to pay for access to a "completely legitimate download website"... ah, hindsight...
made money off doge on the pump, threw it in etc just off a hunch and got lucky. i’m sitting on more stable coins now and doing more dd everyday.
staked until i reach my goal. it’s only a matter of time.
is crypto also going down today?
i panic sold my bitcoin in 2013 for . do not ever panic sell for any reason. period.
play the long game, hodl it boys
i did not believe when litecoin hit . i could have paid off my house. i believe now. i'm still not throwing five figures at it (yet) but i'm buying this dip.
luckily for me i can look at history, and the advantage of all the institutional interest. i have been buying all the way down this dip, and i’m going to be really happy in a month or two when this shit goes all jedi lightsabers.
unless the coin dies, then you lose longterm as well.
i just deleted the tracker app, and bought more
got a bunch of weak little b%tches that’s why.
i’m so sick of seeing “news articles “ about what if you bought dogecoin,bitcoin, etc 5 years ago. if i was up a life changing amount of money i would have sold period.
there’s panic right now?
i'm not experiencing panic, thanks
i’m panicking because i need more fiat so i can buy more crypto right now
just buy the dip. its that simple
i did buy bitcoin in 2009. i thought, it is a high risk gamble but, i'll throw . i held onto it until 2 months ago. i paid for land and, a custom built house with the profits, plus paid for 2 new vehicles in cash. still have enough to retire on
and it’s exactly why you don’t have wealth. because you hold onto ponzi schemes way too long.
kinda funny how the themes keep repeating every 4 years.
well i’m not experiencing panic, so i guess that’s good
holy shit, i didnt want to check thearket and this post made me do it. wtf is happening lol
i would have twice as much in crypto but my wife is my most valuable asset
this is such a key point. i'm actually thankful for having not invested until a couple of these cycles played out. if i did not have the historical perspective, then i agree that i think i would be calm during this. i can confidently say though that this does not even phase me anymore... hodl!
respect brother but since to be a lot a people asking to hold while making a lot of money selling
just take xanax and a few shots to give you the confidence to buy more
it is possible to set a stop loss, take some profit, and buy the dip. believing in crypto or specific coins does not mean you have to watch all your money drop off. i can now buy more crypto because the profits i took outweighed the price rebound. admittedly, this does only work if you're actively managing it. if not, then yeah, you'll just get stopped out.
go long and hold. simple.
listen to you defend your dead ponzi scheme. this is partly what makes it a ponzi scheme. how hard it is to get out once you're in.
seems like a good time to buy, that dip is delicious. my strategy is not purely hodl, anyone preaching that is giving bad advice imo. you need to have a strategy of when to take profits, what you will do with those profits, exit plans to minimize losses, re-entry price point and yes, a specific amount of coins, i will hodl.
i’m buying the meme cheap crypto got a there’s a sub reddit called diamondhandscrypto found a diamond hands crypto might be the next big meme crypto.
i think it all depends on if you have "investment" money in crypto or "money you are counting on in the near-term". hodl the former ... no reasonable human will just watch the latter crash and burn.
literally stopped checking everyday and it’s the best thing i’ve done. didn’t know the market was down and only found out because my friends texted all panicked. like op said, if you’re in crypto, check on it once a week at most and don’t be phased by what you see
some** crypto is a long play. def not all
the major difference between 2009 and now is that we have data to analyze the market with. if we are doing cycles like the data is pointing towards, than we're going to see bitcoin at a six digit price this cycle.
why are ppl exiting lmao? i'm actually so fking happy that prices are dropping... was having a lot of regret that i didnt buy more nano when it was cheaper. now i get a second chance to buy cheap nano.
i've taken out on the lows and crashes... but i've always left some in...and always bought back i'm still up and up baby. because the last low to high was such a gain for me (2018) i'll always be in plus its the long term-crypto is here to stay- it would not go to 0...and if it does it would not stay there long.
this is a meh take. don’t attack people, some folks are just in it for the quick high and low trades. not everyone is like you bud
lol comparing a brand new bitcoin of 2009 to a well known and established 2021 version? nowhere near the same thing man.
crypto is my private pension fund. will hodl even if it falls to 10k per bitcoin. that is because i really believe in the projects i invested.
maybe my friend, but there is a lot of difference in holding & losing . the long term crypto community want everyone to take up crypto seriously & encourage greater investment, but when this happens, it all gets very cliquey & critical. of course people are concerned, if you did not buy coins for pennies it hurts, i have lost , well researched coins. hodl is not a strategy for everyone, you can have faith in crypto & an interest in how it changes things long term, but its volatile, out of the top 10, its like the wild west & there is a legitimate concern that this has done structural damage to the long term integrity of an unregulated market. maybe there is a pattern here repeating itself or maybe it is the market cannibalising itself, who knows
i do not feel any panic.
“be greedy when others are fearful and fearful when others are greedy.” — bababooey
i concur! doge hodler since very end of 18’!
dude ive seen this big drop as the opportunity i been waiting for. no more emotions im becoming ice
i’ve been saying this for so long. everyone would have sold by now unless they just didn’t need the money anyway
just got into it, saw my % in cardano... i bought more when it dropped and sold a bit when it came back up. ive made almost .50 in profit! no sarcasm, im actually having a lot of fun!
i truly believe, with my entire soul, that blockchain technology is the future. i’m no oldhead-adopter, but i do believe that i got in nice and early so i’m building a portfolio to grow and hold for years and years to come. i fully accept that there will be euphoric ups and depressing downs, but i’ll never sell a dip. i mean, what good what that do me, am i right?!
i am new to crypto, and this is absolutely true about me at this point. i cannot imagine holding something through a dip that i watched go up 100x, let alone 1000x. i sold a lot of stuff late last night (est) because i felt impending doom, and i made money moving stacks back and forth during the rebound this morning, but i've also become convinced that i cannot keep up with this. it's 24 hours and you have to be lucky to catch and be available to play when crazy stuff happens. i got too much other stuff to do. once this correction levels off and the candles return to the area of averages, i need to figure out the couple places i want to take long term positions and start getting sleep at night again.
you only lose when you sell at a loss! btc has a correction just the same as every other coin. it's an opportunity for new money to come in and join the party. if you are selling because price is going down, you should not be buying anything in crypto, ever! the must go up, they must go down, they must go sideways. use the opportunity to learn more about what crypto does naturally and how you can use that to your advantage. it's not finished falling yet, so hold on tight. lol
i panicked so i bought the dip and stacked my coins. forced diamond hands is the way.
says the 2 month old bot.
no one cares lil bitch cry more.
i do not consider myself a memer or a fantastic investor. but i saw my entire portfolio, my whole investment, which is pretty substantial to me, get cut in half in the past few days. and i threw in another hundred dollars. all i can do right now, but i believe in crypto. this is real. i'm not selling for a long time.
i would have forgotten about it until it was newsworthy again, then realized i lost my seed
great time to buy tho.
i'm saving for a 5% first home deposit plus fees, loaded on the dip and i'm gonna keep doing so.
oh shit, is btc on sale right now?
panic to buy more before it goes back up is my only panic
i went in and bought more this morning lol i am not f*** leaving
the panic i am feeling right now is because i haven’t gotten my tax money back yet and i don’t want to miss out on these sale prices
i spent 100k over 5 years on partying. so kids if you only spend 65k partying and invest 35k you will be way ahead of me. never ever call in sick though with a hangover. just go in and work it off. always go to work or you would not be able to make all kinds of bad money decisions to learn from.
what panic? i've been buying more.
simple explanation of why we dropped. stop the panic and hodl.
losing ', but if you bought in at -60k recently, quite different op.
hold and do spot trades. best of two worlds boom
honestly it’s kind of nice hopefully instagram will stop with the whole “top 1% top bitcoin owners do this...”
but i’m not experiencing panic.
bought xrp, binance, and eth today. not too had a day. plan to hold for another 5-10 depending on how things go. i respect the people that want to hold forever, but once i get enough that i can live how i want to live i'm outty 5000
tbh im kicking myself as i have been dca-ing for the past month and now all the coins are cheeeeeap! it's buying time and i cannot buy all the things
of course you would hold when you initial investment is 100$
i agree why would you sell now ? i have been trading since 2019 (i’m 23) and the way i look at is i can hold realistically for the next twenty years, and be okay. obviously i sell at profits but this is not the time to be panic selling.
only 5 years... btc = ,000 h o d l ! nothings changed except elon’s trick to buy another billion cheap the sob
i still need to research crypto, but i’m a poor college student with bills. i can spare 100, or 200 maybe. do y’all think this would be worth it to hang on for a while and hope it goes up? or is that too small of an amount to even really matter?
i’m. not panicking. give. me. a. time. machine.
yeah, i bought . now worth . i’m not bad holding. i’m just complete shit at buying. lol
you’re right. i would have forgot my password first
all i want is solid advice on where -thingies. i want also to be able to make gains when everything is dropping
what panic? where are you seeing people panic? all i see are posts like this made by people that are trying to thisguise their own panic.
thank you for doing as you said. this is also the same reason i’m giving you a silver, that i had to get from a promotion. there are many things to fear and many times to be afraid, but believe i shall choose “nothing” and “not now”, from now on.
buy low sell high lose it all repeat. maybe not the way but a way. but beat of all make it fine
everything is on thiscount buy it up!!!
i bought 40 € by sheer compassion for people being fucked by elon... this guy is nuts. crypto is not that good (planet wise) but you do not deserve these swings ! just buy crypto and let us hodl for a time
if anyone has held since anything before 2013...its probably because they are dead or lost the keys...
weak hands be gone!
been into crypto for 4 years. started from surveys for tiny sats. now im up to over . follow the tech and the news of their white paper. majority is luck.
you will all succeed
just like most people would not buy pnode now while it is cheap and early. pink node is a developers haven who is looking to utilize the polkadot api.
i didnt i sold it.
if only i had put all my money on red instead of black!
so it is value is what, back to where it was around a year ago? lol look for the 'bottom' and buy some more, thanks for the thiscount.
well fcuck a dcuck my crystal ball did not tell me to sell a week ago and get double my positions now
**who else here is hodling since 2017 like me.** we've been trough some s\*\*t.
in '09, '10 - if you were lukcy enough to avoid the gox exit, + btcs. 50+ btc's, during the '20/'21 run would cost about . i do not loose sleep over , but i would over
panic? what panic? i'm only in shitcoins homie. that comes with the territory. becomes the norm
this is the way. but what direction is it going baby bwaiiii
the only panic im feeling is not being able to buy more.
this is true, i did make a bit selling dodge before elon crashed it but ling term this can make even more money. the only problem is knowing when it’s hit it’s lowest now so you don’t buy too early. this actually made me feel a lot better suddenly 😂
just bought some btc. ftw. will see how them sats are doing in 5 years time
anyone knows how long one has to wait to get the ?
is it on sale again?
gotta pay to play
damn it this is a great observation.
i did. and rhe pc is long gone
so many deals 👍
i ran scared and sold mine at lower prices than i paid... j. i approach it like the stock market, 90% of my stuff is stable, quality stuff and i leave myself a little to take some flyers or interesting projects on. i look for the stable stuff that appears. at this point i'm above water overall, so not looking to sell.
i bought at over ’m holding all the way...
not worried. this was all drinking money anyway. if it drops to literal zero, i still turned a profit on improved health and increased productivity at my job. so thank god the problem i am dealing with is "oh, no! the market is down amd i only have a little money to buy the dip" not "shit i have a hangover and cannot afford more wine because i missed work yesterday."
so, since i have not even wanted to sell, i would have hodled... damnit!
jokes on you i buy eth and immediately stake em so i can’t sell
posted by a person who sounds like they are relying on others to make their money...buy low, sell high. isn’t that what is already happening?!
hey! wheres the cream filling!?
i run into a serious problem now… no more money to keep buying these dips
this is not the end of crypto by any means but it is a good example of why those who have your best interest at heart always advise you only to invest an amount that you can afford to, an amount that you cant imagine needing to liquidate in the next 12 months.
people are panicking? i saw a 30% thiscount on bat.
no panic, only buying the dip!!
its a wealth transfer tool, i put a million in you put a million in now the market value is double you cash out for 2 million and my million is gone until more people invest a million.
went to work today and co worker who has just experience his first crypto crash is loosing his mind. me here chilling. guess which one of us has seen this before lol
it took everything in me to watch my portfolio cut in half in the matter of hours after years of building and hodling. i almost did it, and then i reminded myself to trust my investments, not other investors. the price can be manipulated short term, but long term the truth shows. currently i'm sitting at a 20% loss. could have been a lot worse.
is it a buy yet?
panic? it’s a fire sale. stock up, boys!
i bought it for less than a dollar in 2009 because my stoner libertarian neighbor explained that you could hire assassins with it on the dark web. 11 year old me thought that was cool so i bought , promptly forgot about it, and then when it made the news i realized i could pay for a semester of college because middle school me was an idiot
it's all on sale today -- did coinhack locked their exchange? i'm thinking of pulling all my stuff off there ( yes i should have already) but after today, then another exchange saying they will charge -50 to "accept" usdt, i'm spent with made up rules... biggest time to buy is right now and when i tried to send eth, it says, delays, (it is in good) wat?! i've had 25 years in sales, and 7 years in the mortgage business. i used to write loans, process loans, helped out preparing closing doc, learned fannie, and even even negotiated my condo back from the banks, (even more ruthless on the back end), and this shit today, takes the cake. so, the best day to buy, and they will lock the eth transfers (coinhack), and gate doubles their fee, after adding a fee in the firs place to "recieve" money, to "put on their exchange" are.05 extra on usdt for 30 mins... lulz. wow -- i wish could embezzle peoples money, hold peoples money, when the markets low, lock the exchange, or hold transfer all afternoon during the bloodiest blood bath of the year... and this is the biggest us exchange (180m in profits 1st quarter 2021), and their holding eth... fun day at the office trying to spend money and running into 3 issues, i even tried to send matic(trying to buy in the red) since 2 pm...and it is lost in exchanges do what ever they want land... lulz.
holding is only part of the story. while a single retail investor has no sway on the market, the price will only rise when buying pressure outweighs selling pressure. hodlers do not contribute to sales volume, so they have no influence on price, including support. buy the dip if you believe in it.
i would buy etheream its a steal and will be back at 3k by tonight i think
yay. i’m holding ether
i will be having boating accident for the next 10 years.
gpor 49000% today . who needs coins ⁉️
panic? i checked prices this morning, thought, oh that is kinda lame, and forgot about it the rest of the day. plus my eth mining profit is way up from all the vol so yay :)
until the panic is your long margin posting that expires tomorrow while it sits at -55%
bitcoin on sale. buy more. ethereum? buy more. your crypto of choice on sale? buy more.
i just really invested in this a month ago, i've lost half my investment and i'm not really panicking just holding. it sucks but whatever, i can make money other ways to recoup
am i the only one that truly doesn’t care? it is what it is and i’m calm cause i don’t need the money anytime soon and i know it’s going to go up eventually.
i'm not sure the title is completely fair, i think there are a lot of investors who feel the panic right now (myself included) but still intend to hold for the foreseeable future, also not everyone who holds crypto can afford to see it go down much more, although for those people who cannot i suggest you try a less volatile market.
what panic? ive seen my investment be halved today. ive been through a few economic downturns... stockmarket crashes... this is no different. just a dip in the road.
it is not difficult to hodl at such times, since basically on any stock, everyone will hodl when they are underwater the difficult part comes later, when the bear market lasts, economy has goes bad and they have to squeeze money for other expenses, they would be forced to sell coins at loss, after about 6-12 months there were famous posts in chinese forum, following a guy that bought 100 bitcoins during the earlier bull run when bitcoin were just 700 dollars and did not make it in the end, he sold all around 500 dollars in a rebounce
fuk it, let it ride.
you’re right. totally should have just held eth at 4k instead of selling and buying back in at 2.
duh, anyone saying they would have held from a dollar till now just hasn’t been investing for long enough. and that’s okay. i fully recognize i wouldn’t have made it till now. it’s alright. i sold out at 100% gains to get my original investment back and now i just put my eth into eth 2 on coinbase so i am physically unable to sell it until whenever eth 2 happens. it’s great. it forces me to be a long time holder
and yet...you can spend bitcoin for transactions with 15,000 businesses globally. so why hold it? everyone accepts usds, cads, auds, nzds, gbps, euros, yen, yuan...and the list goes on and on and on. you know what digital currencies will dominate the market...the ones we already. ' in the mean time, ill keep selling off at the peak, and buying 2 weeks later in the valley and recycling the same product for actual real world currency that is accepted globally.
long term based on what
i have a butterfly labs jalapeno for sale.
ape confused, i panic bought...does that count?
time to go whaling... hunt the bastards down
no such thing, no panicx etc for suchx, anyx, do things not panicx etc about things, otherx, do any nmw
honestly i probably would have bought, unless i forgot i had any till it started making news.
the only panic i'm feeling is that my canadian banks have blocked any credit card crypto transactions, i cannot get cash fast enough into my exchanges to buy, stupid newton exchange thisabled all deposits, and i have a crapload of crapcoins to research and not enough time before things start going back up. the panic selling switches completely into panic buying once you've gone through 3 or 4 massive, all encompassing market crashes.
i sold all 5 btc i had when it was about .
which is why doge coin, a pump and dump scheme, is hilarious that people act like it’s an actual play
i panic bought more.
16,000% gains have to be earned
i love flash sales.
i experienced no panic . and now i feel like shit because i didnt buy years ago. i have the hardest diamond hands ever lol
cunt i am feeling nothing, my whole family is saying crap like, “why are you holding?” “you should sell!” bah!
sure, but doesn’t change the fact that it hurts since i came on board 7 days ago. *sigh* couldn’t i have waited another week? i’d have almost twice in crypto if i did that. sometimes i feel like there’s a god somewhere who *really* hates me.
why would i be panicking when i threw money in for the lulz? no one i knew, not a single person, took bitcoin seriously, even in 2015. some people were curious at best, and threw in 100 one lark.
i bought 3600 doge last summer and lost access to it (do not ask). and whenever i see the doge price right now i think to myself "i would've sold at 1 cent anyway, if not earlier".
diamond hands always win
hello all. i made a video on this today. many people do not know this is not the first china ban. i made a correlation between price and ban the last two times. 9 minutes , it is not a bad video and will be easy and helpful for noobs to understand 😀 for my vets you already been in the trenches and know the deal lol
what panic, i'm buying.
i'm not panicking, i'm just sad i bought on the early dip, and ran out to buy at even lower dip. it's going to take a while for me to recover from this major dip.
just hodl and maybe don’t look at the charts unless your looking to buy more
i'm actually happy that i can dca and get more for the next bull run
if that is how you feel, why don’t you just start buying? if you believe in it long term, then the cheaper it gets the better it is for you
whenever i'm down a fair amount i just say out loud "ripppp" and i feel good again
while i understand this post, maybe some people aren’t in a position to lose that much. it’s nice to hold forever but forever also never comes.
if hookers accepted btc i would have none left.
dude, the only people that held since 2009 are those that forgot they had it. i remember in 2016, people were putting shit like "bitcoin evangelist" in their bios because they bought some btc in 2011 through paypal in order to play online games or buy drugs. too funny.
is now a good time to invest in bitcoin? i'm new and trying to put some money into crypto.
2013 i owned 100 btc, sold it and no fucking way i would have made it this far.
until the government outlaws it. they outlawed physical gold remember. the more powerful bitcoin becomes, the more likely they will outlaw it. very scary.
what happens to a dead man's wallet?...
man i was just letting some bnb sit before i switched it to pancakeswap and bam, 40% gone
really well said, may it be crypto or stock holding and patience is the name of the game
imagine being set up currently because you invested
people have different investing strategies xd
bitcoin is dropping because it is garbage. slow, expensive... terrible technology.
if you believed in crypto, you’d use it the same as fiat currency... ...but y’all know it’s a bubble that pops at some point, so you’re just hoping you’re not the last one holding when the lights go out.
if someone is selling now after buying in 2009 i support their decision
today's dip was not caused by: elon musk, china, or any other 'boogymen' the headlines are telling you about today's dip was caused by: excessive leverage trading, immense greed, and weakening momentum in the uptrend of crypto.
the panic you say or manupulation!!
btc to 40000x in 10 years! btc prices historically has always gone up. you cannot explain that.
did i think about selling yesterday? maybe. did i buy yesterday? definitely. here since 2012.
yes, keep holding "air" long term guys!
fuck your losses! it's happened! yes it is shit but just turn your back on your wallet and come back in a month. there's nothing you can do to fight the market so, just roll over and accept that. what i've done is cut my losses and split my remaining holdings between the projects i like. i made decent gains this past month, but now with this market-wide lull i cannot be sure what is safe. so as everything is down, it gives us the opportunity to get in many more crypto's than we were in last week. some of them would not survive... others will recover, and then some.
the answer is pizza 🍕
i'm amazed at my diamond hands rn, all it took was that dip 6 weeks ago where i panic sold... bought back in immediately after... haven't looked back. i'll ride my coins to zero if i have to, i would not realise this loss
i've often wondered what it would've been like if i had got btc when it was 1grand or maybe less... but then this thought always gets me i probably wouldve sold taking some profit and might have regretted later or maybe not but now i'm in for the long run
well i cannot make that claim for 2009, but i hodled my 2017 btc and other. i kinda went off it a while, but never sold. came back in dec 2020, it ran for longer and so far has not dipped as severely. chill bros, come back beginning of june and buy the dip. i still think it will pay off my mortgage in a decade.
that's why i moved all from exchange to more secure wallet and staked all my crypto i could stake. i've invested quite a bit in past few weeks. a lot before dip and some after dip. now i'm going to wait. it's a bit scary time to start crypto and once you invest a lot it all comes crashing down. but i'm not selling at loss. my original plan was to stay in this next 3-5 years. then take profits and keep riding with the rest again. i just wish i had started few weeks later during dip instead at market peak. matic doubled my investment and all others came down. i sold matic at peak and bought more from dip with profits, so at least one thing succeeded.
i sold most of my btc way back during a dip around 10k. i thought ah well the ride was good but best to quit while you're ahead. kicking myself since then. now im in it for the long haul.
oh that is bad news for me. i̇ thought i would have sold it like you say. but i did not even flinched when i saw 30k, hodl...
to some it comes as a surprise that this volatility causes a lot of stress and upset. but in reality, it was not knowing this was going on before investing: not fully understanding: it’s one thing to know the risks of investing on paper it’s another to know the embodied feeling and how the concept translates to your body
this is what i hate about people who are not into the cryptomarket. they see a news article screaming "btc down 30%!!!" and they are immediately like "haa haa crypto bad you lost biig money". truth is if you're in it for the long run this dip is not bad news. in fact its a great opportunity to fill your bags even further...
or maybe, just maybe, instead of championing blind faith we could invest money wisely?
morning guys, is any one able to share despite the big dip, why vechain isn’t performing well? i’m debating wether to get some more at this price, also holding solano and fully expecting that to do well,just wondering if any one has any technical information as to why vechain has slumped, i believe it’s singapore based?
its funny how people think the majority here is in panic, i belive that its not people on this sub that is cutting their investment short and losing money, i think its the avrage joe that is. these posts needs to stop, we all know this.
i’m not panicking and i still know that i wouldn’t have held.
no matter how much they get, they never get satisfied.
good think i've forgotten my wallet phrase, i'm never effing selling!
ehhh if someone threw in a hundred dollars at under a ...
that's the feeling of instead of panic selling. save funds for dfc ido. dfc is a token from deficity that you can earn from staking your nft city.
what panic i bought at the top in 2018 💎 brother .i truly believe in crypto becoming a real point of sale currency.
it is, and i will hodl! this does not stop me from wishing that i had bought it all at much lower levels. back in the days when i only tested the waters and was too insecure about actually ***investing*** properly. oh, had i simply bought it all back then...
im getting tired of posts like this say something original
nah i would have sold for .
ok, but the difference is, you'd have been back with knowledge.
roses are red, violet are blue and bitcoin will go to the moon! 🚀
i keep blaming myself for never getting in to btc back around in 2011-2013. yet again knowing myself as a human being my unpatient ass would sell it as soon as it would of risen twice in value or a little bit higher. ive invested in some now and im experiencing all the dips but im not that worried because my stance im trying to gain is basically invest what you can. lose? just a tad bit of money no biggie. i learn how it feels to lose and i maybe learn some about crypto. but if i win? well profit right? cant complain. keep going after that. main point though is to get that experience and build up patience.
it's not about holding since 2009. it's about regreting that you did not.
this honestly does not concern me. i said 2025 will be a lot of people looking back wishing they bought more. "when it hit 60k we thought that was crazy. should have bought more!"
i dont think people would be worried about losing a dollar though ...
hahahaha...bannna hands... any ways i observe defi protocols via the upbots ... passive income is the goal
jokes on you, i´ve lost my keys.
panic?? what panic?! *fingers hover over sending balance back to exchange from my wallet* hmmmmm
all i wanted to do was buy more but i did not have any money 😔😔. oh well at least i did not sell
sold some rblx stock to take advantage of this crypto flash sale.
say it louder for the people in the back, cardano has had a recent price spike, that means it’s now too expensive for 80% of people yet when it hits ’ve dived at the chance to buy at -.50.
um... i did not sell lmao
what algorithm are you talking about? or did you just throw that word in because it ‘kinda gets the point across?’ really want to know if you’re chatting shit or not
opened my wallet this morning, laughed manically and closed it.
got back into my old email finally, yahoo burned my account. there goes 1.5 bitcoins lost to the wind.
i cannot even hold on to my dollars
panic? i am buying the dip. 1 small step closer to owning a whole coin.
damn is op multilingual cuz you just spit fax. a lot of people could not handle this correction and volatilty when really, it was one of the best days that crypto went on sale
just like most people would not buy xed now while it is cheap and early. exeedme is the best gaming platform for defi where gamers play2earn.
you are so right !
wait we had a crash? guess i've been out of the loop. too busy with school these days.
hey hey hey now what's wrong with selling my crypto when at profit that way i can buy more back when the dips hit. p.s. this is no time to panic looks like altcoins might get a bit of a bullish run before the inevitable plunge.
check out deficityapp it's a browser base platform. it will simplified the farming, staking and you can even buy staking booster on their in game store. rewards can be easily claim with their "claim all button" so gas fee will not be an issue.
guys i made terrible decisions these past few days i was in such a good position and had two eth coins at 2165 cad and then bought third a bit pricey at 4040 cad but was still at an average price of 2783. i panic sold and then panic bought again at 3660. im feeling so anxious i panic bought because i believed in eth and really thought the price would be higher one day. it was a big investment for me and thought this would help me buy a house one day. as a single mom with two little ones i’ve been feeling so anxious about the thought of losing all my savings. i know i made a stupid decision and put more than i could afford in crypto but now i feel even more stupid and anxious that i bought at such a high price and don’t even know if it’ll ever go back to 3660 it’s been causing me panic attacks and sleepless nights. i just hope this goes back up.
i think the fear, for me, is the regulatory hand of uncle sam. i feel so nervous not liquidating because i feel like one day i will wake up and all my crypto will be frozen...
ctyptopia got hacked? doubt i had anything in there. if i knew about bitcoin in 2009 then at bare minimum i secure 20,000 coins. 12 of them allow me to live comfortably.
panic? like at a thisco? idk about you but seems the perfect time to daca.
the panic? maybe for the idgits, but i've held.
yeah and when bitcoin was at ,000 people said “if it goes down to ,000 i will buy a shit ton more”. now that it is down those people are still not buying and. ow saying “if bitcoin goes down to ,000 i will buy a shit ton more”.
wrong it’s a scam... it’s called a ponzi scheme.
futures got me liquidated in minutes! it costed me 2000’m broke 💔 if any able to help me please come further i really need help ! if want i can share my loss screenshots also 😞🙏🏻 up vote this please 😞🙏🏻 i really need help !
tbh i was wishing for the dogecoin to drop in price just so i can buy the drop lol. currently going to buy more on a crypto wallet. i invested mostly on robinhood and try to move myself away from rh since i dont trust there doings.
i got rid of bitcoin when it less than a dollar, , , , , , , because i've always used it as satoshi intended for it to be used; as a universal currency that governments cannot manipulate. you're treating it like stock. like the most volatile stock in history. it's also in direct conflict with climate change efforts; a fact which was always true, but now it is in the public eye. you also have a handful of billionaires and a few nation states manipulating it now. so for me, it is over. you are not investing and you are not smart. you're gambling. now i'm just waiting for whatever replaces it. hopefully something that is an improvement on bitcoin and achieves the original goal. something like monero, but without the bullshit.
first the damn chinese communist party exposes everyone to covid and then they tank the market too ban cryptos? maniac loser pee poo party more like
y'all are in a cult
i was panicking yesterday when there was a £60 thiscrepancy between what coinbase was showing on the ios mobile app and web client. still wrong today
yeah, as if most people are selling their bitcoin now.
*what dip? where is the dip? where the f is the dip goddamit?*
i did not even know there was a dip until now.
it does not make sense to hold, it makes sense to day trade
i need a new pillow from all these tears!!!
crypto has no value
gonna end my eth mining with eth 2.0 (started last december with my pc with a 2060 super) and hold whatever i have. hoping 2.0 goes to the moon too
you have to learn the hard way sometimes. after selling many different stocks and crypto when i thought they just couldn’t go higher they soared. i’m done with that. delete your apps, your widgets, stop looking at the price. i could not be more bullish on crypto than i am now and i’ve known about it since 2010. if you’re so worried stop lump summing. just dca every month.
yeah but i need money now for my projects, i cannot wait 3 years for the next bull season.
what if i never bought it? diamond 💎 hands ✋
truer words have never been said
quadrigacx has my eth locked safely away in india.
fort gox. admit it, you would’ve sold some when it hit 10k, 20k, etc. forced diamond hands!
i have a buddy who still thinks he will get his crypto back from quadriga here in canada. i do not have the heart to tell him the bitcoins he bought at ~.
silkroad v1 has mine
i’m not crying you’re crying.
nah probably cashed out by somebody and wasted away back in 2017… unless the hackers also hodl till 65k
bitgrail is keeping all my [nano]( safe for me.
myetherwallet is keeping mine safe from me accessing it with my keystore file. so secure.
yep, mt gox is holding my 200 bitcoin for my retirement 😂
man, me too!! we should have a get together where we go and find our “good friend” who started his vacation around that time.
ooof, that stings :(
i’m relatively new to crypto, but reading that gave me a sudden pang of anxiety.
my first experience was bitfloor. that really shook my faith until i came back in 2016
i got plenty of btc tucked away in bitconnect. i may get a referral bonus soon!
oh god... what a bad feeling this one brings
same. yay. might get some back one day of the lawyers have not eaten it all first. it's ok though, the rest was on btc-e...
cryptopia is just showing my 150k doges the new zealand countryside. they’re really conscientious stewards.
ah not the only one who thought mt. gox. i used to say that as well. it's mtgox as it was a magic the gathering site before becoming a bitcoin exchange (!!)
burning question. will there be a magical coin that will sprout up with such a good purpose that it revitalizes the market!!?? ;_;
they literally got away with billions holy shit
any btce trollbox alumni in the house fontis.
your funds are safu :p
at least you got a few moons to replace it
btc-e was my jam. thankfully i unloaded all the ltc i had back then.
mee too, happy to go to valhalla together
did you get your cryptos back? heard they recovered 25% of the lost bitcoins?
haha exactly the same. i'll be rich when they come back.
bitgrail prosecutors are keeping my nano safe for me
dogevault has my dogecoin secure i'm sure.
my doges are also in a very safe place in cryptsy's cold storage.
lol i remember reading an article on some guy who had a ton of bitcoin stored on his computer and then he threw out his whole computer, thisregarding the bitcoin cause he thought it was worthless. then he spent his time searching the scrap yard for his old computer.
btc-e, wex, and doj are holding for me. "all funds are safu"
my password is keeping mine safe 😂
long term storage on exchange??
i find the easiest thing about crypto for me, is hindsight. i am a genius when it comes to knowing what i should have done!
"wow's, it is up to , let us take some profits." younger, dumber, me.
samsies. had 6 btc that i co-mined back in the day. sold around . dumb ape is dumb.
this comes at the right moment. i was watching all of mine drop and 10% of me was asking if i was in over my head and made a bad investment choice. now i know i will be okay.
i am chill af
that last part. man that is exactly how all of us would feel.
your comment is gold.
this was me with dogecoin. i never thought a meme coin was gonna explode. sold millions of it for a couple bucks.
hahahahaha damn, i wasn’t expecting that last line. here’s my free award sir.
sold 11 k at 6k ...was worth 120k - edit: also had one btc from around when it was 2k in addition i’m ball parking sorry guys
just go through this
can you at least afford some gatorade and a pack of cigarettes ?
>because i like to be wined and dined before i completely fuck myself. i usually just take my pants off and lay in bed. it's a cheap fuck and that is how investing in crypto makes me feel sometimes
down . 🤷‍♂️ who cares? lol. it was all profit anyways. bought btc back when it was at .
hahaha, i honestly don’t mean to laugh. that sucks. it’s just the way you said it.
i did some math because i thought that was bullshit and you're not crazy lol if you buy a . damn, that is wild.
winning the lottery isn’t as fun as crypto. there’s no sense of accomplishment. sure, the money is nice, but it’s a lot more fun to tell people that you earned it in something that they say is junk and not worth their time
same here. i’m not losing any sleep over this crash
i cannot see myself getting out of my positions until i have at least tens of thousands usd in my positions.
yeah i’m diversified just enough that the hit didn’t totally wipe me out
btc went on a crash diet because you said she looked thicc in those jeans
if you cannot handle me at my dump, you do not deserve me at my pump
words to live by my dude\~
only panic i'm having is that i do not have any fiat to spend until next week
i just turn my screen upside down
jokes on op. i would have spent it all buying weed on silk road
jokes on you. i'm already broke. what am i going to do, become more broke?
jokes on you, i lost all my money on doge
what do you mean? we are up 30% greetings from australia 🇦🇺
🤣🤣🤣 daltonism for me!
jokes on you im legaly blind
jokes on everyone i bit all my coins 😅
so you only see grey candles ?
jokes on you i lost my glasses
tried to grab some vechain this morning, was too late this comment may not age well lmao
this is the same guy that will tel you he sold at ath when we get back on pre bull run price
same, panic buying. i have to be realistic about what i can afford to put away for a while though. anything i buy today means less liquidity in the short term. when you’re lower mid-class it’s a little harder to be without your money.
my wife and i keep yelling at each other to stop panic buying. so now we just take turns
lol i'm over here scrambling to buy as much ethereum as i can, bank had to cut me off
this is the first time i got shook by it... was kinda awe-ing to watch the bitcoin candle just fall almost 10,000 dollars in an hour. i staked my ethereum on coinbase so i could not even sell if i wanted to which fell even harder. i just so happened to be moving my crypto from coinbase to coinbase pro when it happened. ended up buying more once i could finally get through the site though.
the only thing i feel is thisgruntlement because i do not have enough fiat to comfortably keep buying this dip.
i think i would have been a bit worried if it dropped past my entry point and did not immediately bounce, but it wouldn't matter since my eth is all staked anyways. i'm just looking to average down more now on my alts.
i feel like the sensation of a dip os always the same "this is the big one"
must of been a type-o they met picnic, not panic.
i go weeks without even watching the price, it dropped like 35% since the last time i checked it. meh, i'll check again in another month or two. 1.) if you think the currency will be valuable years in the future, and are planning to hold it until then as an investment, then what it does in the short term means very little, so why bother worrying about it? 2.) if you do not think the currency will do well long term then "holding" is not a concern, just sell it at some point once you've made your goal. for example, if you're buying at , then set it to sell and . finally, if a massive drop (which is common in cryptos) is something that will ever be a financial problem for you, then you put too much of your money into crypto. you should be willing to lose whatever you've put into it, imo.
i'm super heavy into pos coins so no mater what, i will have more coins when i go to bed tonight than i woke up with. the bags get lighter every reward cycle.
panic? you mean panic buying? sir everything is on sale!
right? i was laughing my ass off imagining people freaking out.
yeah, i have had like 5 xanaxes. what panic? feeling sleepy though.
why blindly hold ?
facts its like black friday for crypto
get it while it is hot
believe the word you're looking for is masochist. sathist is you enjoy inflicting pain on others. masochist is you enjoy pain inflicted on you. i know, because i am a masochist who bought more eth. right at the bottom and before the bounce, so that was neat. if only i was not down on the rest of it.
you're going to be rolling in cash in x amount of time
monero flash crashed to 156, but i missed it by seconds god damn.
got a whole eth, some sol and atom. free money basically. thanks to everyone who panic sold.
you have massive nuts
now forget about it for 5 years
a digital currency that guarentees zero privacy and complete goverment control being seen as a good thing? we really have come full circle have not we.
i wouldn't touch whit a 10 foot pole the cryptoyuan
look around your house... collect all the crap you don’t need, sell it and buy more. decluttering and increasing your position. win win.
no joke, that’s bearish as fuck. i’m thinking conservatively, 50k by 2025 if you look at all the potential markets eth stands to gain market cap from.
exactly - this 'i am never selling' argument makes zero sense to me. wtf did you buy for then? you might as well have burned the money.
how much do you want for your kidneys? i'm trying to dca into
selling both kidneys, now that is commitment
"lol, some fool wants to buy what i bought for !"
back when 1 btc was worth about 'd use it to buy . those turned out to be some expensive games.
dropping 99% sounds like a fucking fire sale to me! i'll scoop that shit up like i'm baskin robbins.
i'm right there with ya buddy. this is fine gif is my life.
learn your lesson. you fomo'd
if you thought cancer took people quickly, you should see what a bus can do to someone not paying attention while walking across the road on a car green light while listening to music.
i too feel this way...
you realize those are the exact same thing? what is the dollar if not a store of value?
me too, me too. i’m not selling till i have at least a million. then i can do a soft retirement
and then you pay taxes and it becomes like 600k. lol jk. im in till million too.
stop watching, friend. it's gonna do what is gonna do. smoking bud and walking the dog is always a better choice in my humble opinion.
what's an exit strategy?
absolutely. i've sold every part bit of crypto i owned. and the mining equipment. that value now resides in traditional stocks for stability. may reinvest in crypto if it drops low enough.
why did i have to scroll down this far to find the only other person who seems to have seen through this crazy statement?!
you sell and rebuy and get free tax reduction because you just got a loss on your assets
only really relevant if you can see into the future
it’ll be digital regardless. paper money will be phased out.
everyone that bought in the last 2 months sees the bad and never goes back in. it's all fantasy land to think everyone will be getting rich
the dip had more to do with china
elon is not the problem.
most people aren’t able to time the market with reproducibility like you are (apparently).
everyone saying this is a long-term play, we might already have passed the point where that is even a factor in the conversation...
the inherent risk in the traditional system is starting to show itself to even the ordinary joe. it is riskier now to hold usd than to hold bitcoin over any 5-year cycle.
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3 months is short term.
i didn’t enter early. i would have been all over it too - an office full of cad workstations i owned that could have been mining all through the first couple of years. i knew of it, but was too busy trying to keep the office afloat and my employees paid during the recession. and, in a way, i’m kind of glad. because i know, with every ounce of truth i can muster, that if i’d had a thousand bitcoin when it hit 15c-20c i would have sold out all and ordered pizza and beer for the whole office. and i would hate myself today for not keeping just hundred or so. (i have since bought a little eth and ada, but i also cashed out my original stake during this run up. if the coin goes to zero i’ve lost nothing, i can be long forever now and feel no pressure)
not your wallet, not your crypto. if you are trying to do anything related to trading, look for a trusted dex.
most people have no idea what they are doing which is how many tutes siphon money away from weak handed retail traders who listen to the mania
arg, do not remind me. i ignored all the warnings by just about everyone for months before he "died", because *i* was getting deposits to my bank. "you just gotta wait a few weeks for it to come" i said. yeah well, fu, past me.
i’m not the only one lol
cryptopia holding my money for me 🥰
what does that mean? did you lose it?
wait did that get recovered or not?
happy day of cake also: ⠀ ⠀⠀⢀⡤⢶⣶⣶⡄⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⢀⣠⣤⣤⣤⣿⣧⣀⣀⣀⣀⣀⣀⣀⣀⣤⡄⠀ ⢠⣾⡟⠋⠁⠀⠀⣸⠇⠈⣿⣿⡟⠉⠉⠉⠙⠻⣿⡀ ⢺⣿⡀⠀⠀⢀⡴⠋⠀⠀⣿⣿⡇⠀⠀⠀⠀⠀⠙⠇ ⠈⠛⠿⠶⠚⠋⣀⣤⣤⣤⣿⣿⣇⣀⣀⣴⡆⠀⠀⠀ ⠀⠀⠀⠀⠠⡞⠋⠀⠀⠀⣿⣿⡏⠉⠛⠻⣿⡀⠀⠀ ⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⣿⣿⡇⠀⠀⠀⠈⠁⠀⠀ ⠀⠀⣠⣶⣶⣶⣶⡄⠀⠀⣿⣿⡇⠀⠀⠀⠀⠀⠀⠀ ⠀⢰⣿⠟⠉⠙⢿⡟⠀⠀⣿⣿⡇⠀⠀⠀⠀⠀⠀⠀ ⠀⢸⡟⠀⠀⠀⠘⠀⠀⠀⣿⣿⠃⠀⠀⠀⠀⠀⠀⠀ ⠀⠈⢿⡄⠀⠀⠀⠀⠀⣼⣿⠏⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠙⠷⠶⠶⠶⠿⠟⠉⠀⠀⠀⠀⠀⠀⠀⠀ ⠀
lol same boat, put a
i thought of this one while posting but i timed that one well
i too lost my tiny amount of bitcoin to the feds
the first crypto exchange, built by jed mccaleb.
me but all things in life
it seems there is only a few pure geniuses in this world who have the vision to hodl til the really huge breakout. i'm not one of them. it feels good though to see i have so much company. i'm a 63-year-old technologist and somehow missed every great opportunity since the 1980s to become rich. even when i did make the right moves, i fucked it up. like buying . buying .50 and selling at . hindsight is so dreadfully painful.
i just know that whatever i do, it’ll be the wrong thing. so for now, i do nothing. because doing nothing but some dca a while ago actually turned out to be the best thing.
omg me too we must be related
never feel bad about paying off bills and debt, king. there will always be more opportunities in the future to make profits.
paying off debt sounds like a good move to me.
why are you judging your decision based on the outcome? you should judge it based on the probability of the outcome instead
i mined on my 980 back before the 2017-2018 peak and made enough to cover my credit card statement...
shouldn't be angry about achieving milestones. 500 bucks can go a long way. you of course may have missed out on 50k but most of us do.
paying off real debt > internet pretend money
i refuse to look at my bitpay account history to see what i transferred to my card to buy rent and gas. i'm better off ignorant.
i def would have taken it out to pay bills in 2009. you just reminded me how far i’ve come financially. thank you.
smart move, in the moment. you just never know.
better than blowing profits on bs like i did lol
debt is more important. its still a gamble
500 owed is heavier than 500 in the pocket.
getting rid of debt, with all the institutional pressure to stay enslaved that comes with it, is always a priority!
lol same thing i did, i dont even remember what i needed the money for at the time.
i had the same exact thought at the same price. f
me mining ethereum at ...
that sounds like you made the right choice though
no one has ever gone broke from taking profits
younger, dumber me didn’t back up a half-crashed hd with ~7 bitcoin on it because i bought them for like ’t believe in the technology.
i dunno, i see paying off debt as one of the few reasons to cash out
not dumb. you made profit. and that is what you need to start focusing on. if you made profit and it benefitted you, then that is a win. you cannot predict the future. in a year bitcoins could double again, it could go to 0 (probably not), or it could stay at the exact same level for the next decade. that's why you invest what you can afford to lose and just leave it. if you need it, you need it.
needed the cash. sold at . trade of a lifetime — or so i thought. ouch!
against all biological standards you were smarter while younger if you took profits to pay debts.
> younger, dumber, me. no, this was the smart thing to do. what if crypto fizzled out for 20 years or just fizzled out entirely? people should only be investing what they think they can lose.
this is my current situation, i would rather pay off my debt over a year than sell anything currently. even with the current shit show of the last 24 hours. diamond hands to mars
mind you, with credit card interest being what it is that was probably the best option!
that’s not dumb. there’s an alternate reality with very little different from our own where bitcoin tanked to pennies. this is all gambling, or speculation if you prefer. informed gambling, sure, but anyone who invests will sell at a sub-optimal time more often than not.
think of all the eth miners now selling to pay for stuff
we need a support group for those of us who bought things with btc.
math does not check out
'crypto billionaire spends his entire net worth on a xanax addiction caused by years of stress holding bitcoin'
it's all nice and good until it stops working but you still keep taking it anyway because you get horribly sick without it while also destroying your life. been there done that.
this is my story from 2017. teenager invests in cryptocurrency then uses profits from cryptocurrency to fund his xanax addiction that developed from the stress of investing in cryptocurrency
my grandmother did that and she is the reason i do not feel bad dcaing into coins that might crash in the near future. she lived to 92 and bought at least 3 a week from her twenties up until the last few months of her life. it made her happy so i never complained, but holy shit that is the dumbest waste of money i've ever seen. and if she did not feel bad about that, there is no way i'm feeling bad about my random altcoins.
now just imagine dcaing that into the s&p 500 (since btc has not been around that long)
what if you took all those winnings from the lottery and put them into crypto? that would be something.
it's just getting shredded for summer before the winter bulk
well, i am shutting the app down for 24 hrs. hopefully this shit show will be done by then. 🤣🤣🤣🤣
did you know... the line still goes down? yes, i am mentally deficient enough to have tried this.
i would have an island right now if i did not have a certain someone taken care of...
yup i would’ve been like that guy in the thread a few days ago who essentially bought, in today’s prices, a ,000 sheet of lsd.
jokes on y'all, i'm dead inside.
lol this is how it started
basically what i did. but no regrets. had a great time.
jokes on you too, the .30 cents worth of btc you would have forgotten about would likely be with over ,000
joke’s on joke’s on you, because i used leverage to become more broke. way, way more.
protanopia for me. i don’t see red well.
jokes on all y’all; i’m only investing in dentacoin.
too late? its gotta be down! like everything else. *checks charts*. wait what the fuck its still where it was hovering this last week? i mean i have a pretty big bag of it. but damn it took a hit and is now above where it was yesterday?!?! meanwhile my eth and btc are down 20% from last week. some things make no sense
living this life right now. i'm playing "tuition is due by second week of august and if i work an extra shift next week, i can ..." just to scoop up a little something extra right now :)
how do you stake ethereum on coinbase?
same, staked a couple of weeks ago. fortunately for me, i bought about a third of my eth when it was below ,000. that's the only thing saving my portfolio from being down by more than 10-20% right now.
haha same here 🤣
we havent seen these prices since... checks notes... february lol
it's harder to guess where's the bottom of the the dip than it is for the prices to come back where they were. selling now the price could start to increase again one minute after, the market will eventually increase again, so if you are not into shit coins, the best course of action it is not selling, but holding and buying more
who said blindly hold?
you're right!! sorry i'm high on a spending spree
that’s the hope in long term, generally i’ll dca but today was a nut up or shut up moment.
but make sure not to sell when it drops at y, just keep waiting till x
in smaller markets it worth lining the bottom of the barrel with a few orders just in case you get a flash crash you can auto pick up a bunch of coin for real cheap.
im up to 1 eth now as well, felt cute might stake at kraken
cryptoyuan, you mean? japan uses yen.
i think eth 2.0 will reduce some peoples concerns about efficiency too, so it seems realistic that the drop from elon tweet about efficiency may be negated but i do not know if the drop from issues re china blocking crypto access can ever be negated. curious to see the growth of eth up to 2025 even tho i am only holding a small amount of eth at the moment
some people intend to hold until crypto has replaced cash
the old meme, from like 2012, was: > neo: what are you trying to tell me? that some day i'll be able to sell a single bitcoin for a million dollars? > > morpheus: no, neo, i'm telling you that when the time comes...you would not have to. in other words, hold until you can use crypto in place of fiat. that's the whole point, really. if you do not think crypto has a future, but you're still pouring your money into it, that makes you kinda crazy imho. you're putting your money into something _you think is a bubble_? incidentally: try to imagine how far-fetched that meme seemed when bitcoin was . and yet here we are.
“never selling” makes perfect sense if you’re just skimming the profits and not touching the principle. even crypto billionaires and millionaires still own coins. it’s free real estate.
hold up i could have *haggled*? i traded 2 kidney for 2
> …someone not paying attention while walking across the road on a car green light while ~~listening to music~~ checking crypto charts. ftfy
it’s a currency? store of value is used to mean inflation-hedged not currency lol. i can explain more if inflation hedge doesn’t make sense
i hope you can use this one day: get a tax specialist. the year before you sell btc you quit your job and tank your w2 income and put yourself in the lowest tax bracket. sell the max amount of btc you are allowed to per year and still remain in the lowest tax bracket (40kish?) combine this with asset based and crypto lending and you’re good. see r
i did not even know we dipped until reddit told me we dipped
true. take your dog outside, take a beer with you and relax.
there are specific times that this happens with markets whether they are financial currencies, stocks, or other investments. you have to know where and when these are to identify warning signals which help to indicate the best times to invest, and the best times to pull out if you do not plan to hodl long term with a position. one exit strategy (there are many) would be to pull out of a position to usdc for example before it goes down and hold stablecoin until it is ready to rise again rather than cashing out, while another might be to convert it to a stock whose volatility is an upward trend and then back to another coin rather than holding stable. several ways to do it but you always need an exit strategy for when the tides change.
day trading is a thing. if a coin is overbought then taking profit to rebuy dips works more often than not.
yes, the market is volatile. i hear the sarcasm, but a wise person once told me: if you're up over 100% - unless you're long, you should probably sell. eth was hitting all time highs, anyone holding that bag that does not plan to hold it long deserves the bag. i made great money on eth by sticking to that principle. i bought the dip today. when it runs 100% i'll most likely sell again, but i do have a baseline that i leave in long. it's not so much timing as it is greed and lack of planning and possibly indecision. i do not know everything about crypto but i have learned at least this much. edit: not financial advice. this is one dumb ape's conversation.
you bet! quadrigacx is under investigation by the rcmp. the founder "died" in india. and, apparently he was the "only" one that had access to the vault. it does not really add up... hence the investigation. many believe he faked his death (in fact there is a good episode from how to become a decacorn on the scandal). i ended up buying more eth anyways, but whatever i had in quadrigacx is gone. maybe i'll get a cheque in the mail 10 years from now, but it is unlikely.
i feel your pain. let's be friends.
tbf im not even sure they are geniuses. in an alternate universe they could have ended up with wallets full of valueless tokens about as useful as used cotton buds
you underestimate my ability to time the market at the worst times.
i agree. back on march 10, i sold 2 bitcoin at . i used the funds to pay off the house, a car and credit card. i was chastised by many for selling, but i don’t care. it’s my money and my prerogative. i have every right to do what i want to do with my investments. i made a profit, i took it, and now i’m totally debt free. the best part is, i freed up another . it’s not like i completely cashed out and walked away. i’m still in the game. now, i’m buying and holding until the next time i decide to take some profit for something.
people shitting on you for taking profits are mad you’re selling bags. don’t listen to them, you do you
not if you are taking from investment. short of someone dying i am not seeking my investment for bills or debts.
there's no shame in taking profits. imagine if you had sold your bitcoin at 60k, instead of watching it drop to 30k. you could have considered today's price a buy one, get one free special. everything is fomo. life is nothing but regret. you just have to decide which decision you'll regret the least, and go for it.
\^ this guy profits
this is so false. i dont give a fuck about my debt and kept it all in bitcoin...and in doing so i could wipe all my debt in an instant right now because i did that. i wont tho...because bitcoin will go higher. they will just inflate debt away, so why pay it?
absolutely debts especially pay them off
unless you die inna fire.
what rule of acquisition is that?!
write that shit in stone and add an 11th commandment.
generally i agree with you no problem. in this case though it was the fact that that weird internet money that i had bought for a certain price had doubled in price and i had access to other money but decided to use the free internet money i had just "earned" in order to pay essentially a minimum payment for a credit card. and some pot. so i can see cashing out to close out bad debt positions, but just taking some profits for regular budget stuff feels wrong in retrospect.
this is probably the number one lesson that most people could stand to learn. not just in investing but in life. most decisions are probabilistic and getting the wrong outcome does not mean you made the wrong decision. of course, the hard part is rationally analyzing your priors to figure out if you really made the right decision.
not if the fake internet money would’ve made you a small fortune and you had actual money to pay off said debt...
i bought drugs with my btc🤦‍♂️
i bought a btc to the moon t shirt featuring a diagram of a v2 rocket.
i think it means something like "i sold ~2 btc for 11k when price was at 6k and if i sold at ath it would have been ~120k???!!"
i needed it because i was hodling bitcoin, but i couldn’t afford my habit unless bitcoin went higher, so i kept hodling, which made me need more xanax, ^which ^made ^me ^^have ^^to ^^hodl, ^^^which ^^^made ^^^me ^^^^need
it's ok, i'd die if i consumed that much xanax!
*the onion wants your location*
i have to live w the fact that i spent over 3 btc on the darkweb buying xanax back when it was a few hundred bucks per coin… rip
sorry to hear that, that is a nasty addiction
tbh i spend about . i like to fantasise xd
this is a good balance
weak hands are the fat that must be trimmed for bikini season
you do not need to ...almost all exchanges have crashed
in his defense that charge did not stick and the feds broke international law capturing him after the fact. but after his downfall look at how the market has evolved. is there any 1 site that rules over them all like tsr did?
looks like boating accidents are back on the menu, boys!
lmao i think it was even worse than that! pretty sure he said he bought a book (10k individual hits) for 30 btc.
i'm jealous of you finding a way to become even more broke! teach me the way.
mine is protanomaly. i have a tiny bit lower sensitivity to red.
it was at like .06 i could have sworn... is it really double that now? fuck i wish i got in on that.
so if you hold any ether if you click on your ether wallet right below trade you can sign up to get waitlisted to stake your ether. i only stayed on the waitlist for a few days. eventually you will get a notification saying your eth is ready to be staked. at that point click on the link that says earn rewards by staking ether and then follow the prompts until you get to a point where it asks you how much ether you wanna stake and then that’s pretty much it. also there’s more info on coinbase about it if you click on the staking link. hopefully that answers your question but it’s super easy to do. just need to transfer any ether you want staked to the coinbase exchange
some salt, pepper, and a little drizzle of olive oil.
super easy, pull up eth overview and click stake. it's locked in till 2.0 tho.
drill into your eth and scroll down there should be an option in regards to staking. it will be locked up and turned into "eth2". if you are in it for the long haul its defiantly a nice fail safe to have a "no sell" clause until the 2.0 release or coinbase comes up with a way to allow you to move staked currency.
down 24.88% atm. not worried. everyone should understand this is going to do go down at some point. no worries, it will go back up and be higher next time.
coinbase lets you stake eth? what apy? i thought you had to hold a lot of eth to stake? maybe you guys hold the 32 eth i thought was necessary to stake
i sold all last week before this craziness. pretty easy to see it was going down, pretty hard to see how it would go back up
what ever exchange you use. just make sure to dca and only buy what you ate afraid of losing.
sometimes you just have to buy yourself something nice, you deserve it.
technically correct! but seriously, eth is gaining side chains and switching to proof of stake. same popularity and widespread use, but no fees? eth is going to explode (except for this crash i guess)
great explanation, thank you—if *most people* are investing in crypto for retirement plans, and not for belief in the product, it makes it much less likely that any one of us is going to retire due to crypto
store of value is one of the uses of a currency.
for people living in countries with weak currencies the dollar is a store of value. it has worked like that since the 1980s in argentina, for example.
approximately 49% i think, but i could be wrong
51%? that would mean it hit 78k, which did not happen. it's down 27% this week after a bull run where it gained +500%. prices are still wildly inflated and we still have not seen a proper correction. i agree with your point though. btc is nothing more than a speculative asset.
this was just meant as a joke, u. your explanation is spot on though, appreciate the reply
getting profits while losing is the way
day trading is indeed a thing, but do not something like only 0.3% of traders beat the market?
of course, most people aren’t day traders though. not even close.
ah, i misinterpreted your comment. sarcasm retracted and that is a reasonable point of view. apologies.
ceo"died" after doing so much sketchy shit under the table. and millions worth of btc. something along those lines
pain-friends are best at sharing the pain through text.
you underestimate my ability to incur more debt after paying some off
lol look at this human in here!
2 years from now, start dcaing into the market. if you do that it will be effortless for you to make bank. buying in a bull market can get you some extra spending cash with the risk of heavy losses. buying in a bear market is how you make a fortune. and once we get deep into the bull market, start dcaing **out** to take profits, rather than chasing pumps. that’s the secret. that’s how you genuinely get your moons and lambos. it’s really not hard, and it doesn’t require that you time anything. it just requires that you make strict rules on when to buy and sell, and that you don’t break those rules.
market’s down. buy more when the market goes up. buy more basically buy more and worry about exit strategy when it’s time to exit
welcome to "i sold my dogecoin 4 years ago" and "i sold my bitcoin in november"
if i buy, you better sell. if i sell, the market is about to ramp up 300%
just entered over the weekend and bought more sunday knowing corrections are inevitable. today reminds me of other times i was a day late and a dollar short lol. but i know i’m holding for the long term and just selfishly wanted to only see green and find winners without effort.
timing the market is really easy. just hold your bags and do not sell till it reaches the number you like. i'm holding a lot of dot and avax right now and i would not sell any of it until they both reach to 500 dollars. i learned this the hard way when i sold all my eth at 600.
i got in a month ago, sold etc for ~130 when i bought it at 30. everything else was modest profit and now it is tanked. just should have waited until now to buy xd
congratulations man, that’s awesome. you’re right, you need to cash out your investments at some point to take care of yourself and yours loved ones. the selling price will be different for everyone, but so long as you play it smart and do your dd, most people can put themselves in much better positions. hope to be where you’re at someday, can only imagine how awesome it must’ve felt to pay all that off :)
the piece of mind you purchased is worth it. well done and congrats!
done well mate, yeah having all that debt paid off is money earned by just by not being spent.
we all will sell at some point or we die holding it. pick one.
the irs looks forward to your 2021 tax returns.
yeah it’s the perfect time for dollar cost averaging if you bought higher than what the price is now
hindsight is always 20. sure btc is at crazy high prices compared to years ago, but who could have predicted this would happen? same with doge, gme, anything really. op sold his btc at , and it sounded like a reasonable decision based off his situation.
lol... you do you i guess. if you had 60k in btc and 60k in student loan debt i think you're a moron to not pay your debt. if you really believe in bitcoin just buy back in again.
can you give me next week’s lottery numbers while you’re at it?
yeah man but when bitcoin crashes and you lose your job and lose your job at the same time it’s nice to have a paid off house to avoid sleeping on the streets.
weird internet money could have ended up in 0
we have a saying in my country that can be roughly translated to: if my grandma had wheels she would have been a bike. you cannot live based on ifs, nor can you guess the future
think of it this way. would you have ever known to invest *anything* in crypto if you didn’t (allegedly) buy shit on the silk road with it and actually see how it worked? i don’t think i would have.
least you got high.❤️
i dunno i'm confused lmao
they ate too much special k
cheers man it’s taken like 3 years but i’m almost clean. taking less than 1mg a day now and can’t wait to be off them completely. it’s an awful awful drug and an awful addiction. the withdrawals gave me epilepsy.
i have two degrees of separation from two lottery winners - one won something insane like 60 million, the other won i think 2 million. absolutely no point to this post as i do not even do the lottery, but it makes me smile for some reason.
mine is protanothankyou. i can see red, but just refuse to
matic did that to me. i swear it *kissed* +
thank you my friend
on e you stake it aren’t you locked in for a couple years?
still on the waitlist. any clue as to how to get off it? been on since march smh
down 15.84% but my garden is nicely divers and ready to grow. just have to keep the blinders on and keep looking forward. its easy to get thistracted by all the noise going on, it is kind of an uneasy feeling but sticking to the plan and bearing fruit in a couple of years or more is where i am at. good luck all with how you are processing all this.
6% apy coinbase allows you to stake any amount of eth, you do not need 32 eth
just zoom out your charts
this ‘crash’ is totally normal volatility. in the stock market they don’t call it a crash when a stock that’s quintupled in a quarter reverts back to 2x its previous ath
oh! i thought you were needing to know when you asked and did not realize lol 😊 hard to tell where people are at with their time in the market these days. and thank you! hopefully it will still help someone out there who's new.
did he die tho
visa and mastercard would like to know your location, so they can send you additional credit offers.
this is really wholesome. thank you
this is the truest advice ever given to investing. yet, so unheard. wen lambo sir?
for a newbie, wtf is dca?
you make it sound so easy but how do you tell when it is a bull market or a bear? so far i've not been able to hear an answer to this that someone else did not try and argue against.
wow damn i think that is the best investing advice i've ever read.
how are you so wise in the ways of science
indeed. when bitcoin dipped a bit last month people talked about ‘buying the dip’ while we just had a huge bull run the last year. people screaming this are just trying to get in more hyped people to be left with bags.
why in two years? you think thats when the crypto market will rebound? sorry for noob question or if i missed something
where ya think we are now in this current bull run?
do you think that we will be in the bear market for that long? what's your reasoning for dcaing starting two years from now. wouldn't now be a good time to start?
benjamin cowen is that you?
>once we get deep into the bull market can you reliably tell when this occurs? what's meant by deep?
can't lose if you don't sell 💎👐💎
no no no. that's what happens to me. surely no one else has my "luck".
right. i use my investments as a tool to achieve certain goals in life.
sure its 20, because i would never hodl on any alt like i do with bitcoin. looking at the bitcoin chart...if you never sold youve never lost money throughout its history. i thin we have enough historical data to make an educated guess what is going to happen, especially when coupled with printer go brrrr
student loans typically have low interest rates (i might be wrong, even my third world home country gave us free college), but if you have credit card debt or some other high interest debt, you can get a loan with your btc as collateral with rates as low as 0.75%, and use that to pay off the high interest debt while still holding btc.
tell us more about "grandma"...
congratz man. i was addicted to benzos and ghb for about 6.5 years. shits hard as hell to quit and boy are those wds rough. stay safe and keep it up! you got this friend!
damn. not bad i think i was on the verge of winning lotto when i thiscovered bitcoin in 2011. i just used it to buy lsd the pain is real.
is it the same eye thisease as when you see upside-down so the charts go up?
dude same here, i saw it went down to 1.30 on the charts for literally 30 seconds before going right back to 1.70ish
yeah but the way things have been going that’s probably the best bet. beats selling at a loss.
you are locked in until ether 2.0 is officially launched. could be later this year but probably more likely some time between 2022-2024. during that time frame as far as i understood it you can add to your staking funds but can’t sell or convert them. also coinbase protects your coins up to a very large amount of money. but there is risk because if there is a problem with ether 2.0 or it never comes to fruition you lose the coins you stake. honestly ether seems like a good long term investment (not financial advice) to me so staking is a no brainer but it’s not like there’s no risk at all.
bro i feel bad for you. i was only on there a week or two
thank you jimmy !!
theres a video on youtube by the channel barely sociable on this topic you should check it out if you wanna dive into that rabbit hole
see, no one cares
dollar cost average. repeatedly buying or selling at regular intervals, like , so that the volatility is mitigated by your average selling profit or average buy in price. edit: can be every week or every month or whatever, but the set intervals is the point
the price movements make it abundantly clear. if you have about a couple months straight of bitcoin climbing and the halving recently occurred, you’re in a bull market. once you get a month or two of a steady decline with about a 80% drop for most coins, you’re in a bear market. it’s only hard to decide which you’re in for the first few months of the bull, so you shouldn’t buy or sell in this period. don’t buy until you are at least a year into the bear, at which point it will be extremely obvious that it’s a bear market. don’t sell anything until you have at least a few months of steady price increases.
it’ll rebound in 4 years most likely, with the absolute bottom occurring around the 1-2 year mark. you want to buy when the price is dropping and at just about rock bottom so that you have a big stack before the price even begins to go up
no clue. a month ago i thought the run would last until august, but over the course of the past two weeks i’ve been feeling like the run will end closer to june. i certainly didn’t expect a crash this big so soon, but i wouldn’t be all that surprised if this was the end. i don’t know though, it’s odd to see a crash without a huge run beforehand. i have a suspicion that there could be one more huge run this year
bear market will last 3-4 years, it’s end always happens right after the halving. in 2018 it took bitcoin a full year of slow bleeding to hit rock bottom after the crash, so it’s best to wait a little unless you think this bull market isn’t over
yeah it’s super easy, just wait two years after the crash. bull runs only start after a bitcoin halving, which is about ever 4 years. after two years of your coins being down 80% or more, you’ll know for sure it’s the middle of a bear market. that’s when you need to start buying
hold it to the grave, when you can really enjoy those profits!
unless you bought at a higher price, a price that will never be touched again then you lose.
i did not want to, but i threw . i did it because i have a velcro patch on my man bag that says "diamond doges", a play off of metal gear solid 5's diamond dogs logo. so yes, i bought a meme coin, purely because of my own past memeing. this is literally my first crypto purchase, and i've been throwing >, so i'm fine if this thisappears. if anything, this will be a crypto learning experience for me, worst case scenario. and best case scenario, i forget i have it for a few years until it hits the news cycle again...
this is a strong and important sentiment. if one can afford to, it is prudent to make your btc the very last fund you dip into to improve current economic landscape. btc is very much an absolutist asset. if you believe crypto has enough value for anything close to mass adoption, btc has to be worth something close to gold's market cap at least. on the flip, crypto is virtually worthless, and btc has a speculative value of between zero and 10kish. being debt free provides enormous benefits both practically and mentally and would encourage anyone to be as financially independent as possible. however, i'd also share the sentiment that i'd only sell my btc if i absolutely had to. i very much see alts as capital and wealth generation for today's living, and btc as wealth maintenance for the future.
this. not only that but if you live in the us student loan interest has been 0% since covid started. so no point in paying off loans unless you want some peace of mind. it is def gratifying to live debt free tho. guess it just depends on your mindset
any sites you can recommend for loans vs btc? it sounds like a smart move for my situation.
dude same! best potential ,000 i ever spent though.
oof. i mean at least you can say you've owned some. i still cannot buy in!
thanks for taking the time to explain. i have such a small amount that it won’t make a difference from the apy. i am now slowly adding to my position with every dip.
this makes it even more frustrating, thank you though
there we go, always zoom out the charts
hi, the name is james, and you're welcome. i see your 7 day old account is a play on words of alias nomenclature. what can i do for you sir or madam?
+1 on this. i saw that video a few weeks ago.
thanks for the share imma check this
ah. thanks. i'm only 200 in so a lot of this is new to me.
although dcaing on coinbase 10 dollar at a time, i don’t know, i feel like i would pay a fortune in fees for that, i try to dca with bigger sums at a time for that reason
i don’t want to create taxable events. i didn’t get into this just to give the gov more than 30% of it. so i hodl long term
does selling in intervals like that increase tax liabilities? or is it considered taxable income when withdrawn from fiat wallet?
although cdaing on coinbase 10 dollar at a time, i don’t know, i feel like i would pay a fortune in fees for that, i try to dca with bigger sums at a time for that reason
dude thank you for this. idk why i've never seen it explained clearly before. do bear? i've been under the impression that it changes nearly every month lol
i'll buy when i hear average people saying crypto is dead
pass it onto your kids, then when they sell the purchase price is zero so its all profit then!
i have not used them, but celsius is supposed to be a solid one.
of course man. my ether is just chillin on coinbase but i’m been a wuss about just officially staking it. but i guess it’s not like i’m gonna sell anytime soon so i should just go ahead. but anyways pretty much all the info i gave you i got directly from coinbase so if you want even more info definitely check around coinbase or do some google searches about staking ether on coinbase. best of luck my dude and may lambos and moons be in your future!
200? lucky lol. this is a good opportunity. idk if this is the bottom, but at least you didn’t lose thousands like the rest of us. i was scared after the past two crashes and didn’t load up in the bear market. huge mistake. not doing that again. i’m actually hoping it stays down for long enough for me to amass a large amount of certain tokens. other wise i’m just chasing prices i can’t make much off. buy the dips, dca and in 5 years you’ll probably be very happy.
coinbase pro is flat 0.5% regardless of transaction size afaik.
no more than selling it all at once. it's taxable as soon as you exchange for fiat *or* another coin.
heavily depends on your country.
it's taxable whenever you sell or trade it, but selling all at once versus selling in intervals would not change your tax liability, unless you're selling fast enough to trigger short-term capital gains.
in the us it does not increase tax liabilities but it does make a lot more to keep track of. every transaction is taxed. worth the effort to do some research on the laws where you are and maybe look into crypto tax software. good luck!
legal zoom 150 bucks set up llc everytime you withdraw you make capital contributions to business then hire yourself or your pet gecko and then
use coinbase pro and do the dca manually, it’ll save you on all the fees.
bull markets are usually roughly a year. bear markets are usually about three years.
ahahah what?! geez, it would still be a lost, had you not buy at a high price you would leave them more money.
i only decided this week to get into crypto. i'm just trying to make sure i do it safely!
whaaaaaaaaaaaaaa! i spent so much money on feees! why did you tell me thiiiis! nah, just kidding, appreciate the advice, i feel foolish now for wasting money, is that no fees on coinbase pro or lower fees?
omg dude your name 🤣 thank you
lol, it was a joke. from their perspective though its just free money either way.
**welcome to another r!** **please take note of the following:** - while all polls in this tournament are open for voting until 11:59pm monday pst, not all of the predictions come to term on the same date. carefully read each poll before predicting. - the admins have added a “sneak peak” feature for [reddit premium holders]( that allows them to view how other users are predicting before making their bet. **the prizes for this tournament are:** - 1st place: 250 moons and 3 weeks of reddit premium - 2nd place: 125 moons and 2 weeks of reddit premium - 3rd place: 100 moons and 1 week of reddit premium - 4th - 15th place: 25 moons *** for those new to prediction tournaments you can find the [introductory post here.]( if you are new to the community and have any questions about moons please refer to the [wiki page.]( have fun and good luck!
so let me get this straight. because gambling our real money on fake internet money wasn’t enough, we can now use even faker internet money to gamble on the price of some of those fake internet monies in the hopes that we place in the top three and win a very specific kind of fake internet money that it’s creators declare has no value outside of their corner of the internet — yet that millions of people predict will be worth lots of money in the future. makes sense.
oh you added gambling about gambling? consider me erect
what is this prediction i just joined? is my bank account being emptied now?
i am really bad at these 🤡
damn, this gambling thing is making me feel all tingly! gonna go do something real quick, brb
i do not know what i'm doing so i'm fine
the admins will burn 500,000+ moons! they better at least ![gif](emoteemo_pack_1safu)
i’m too good for loosing real money i guess its a win win here lol
aping in on very bullish predictions.
i hope we are going to have more games like this
i won it last time 🥳so this time i expect to be last 🤣
first time on this i popped me cherry. was fun for me anyway
i want the prize but the problem is i cannot guess its upcoming prize anyhow.
the admins will burn 500,000+ moons! they better at least
ive realized im so inconsistent with guessing lol sometimes ill get alot of shit right and some other times ill literally miss everything
thank you mods for the poll!
what do we do with tournament tokens we win?
if i win i’ll give everyone who replies to this comment 100 moons
hey i finally caught one of these 🤙 pretty sure i know nothing though.
to the moon baby
moons 🌕 ❤️ 🚀 😁
aaannndd it is gone...
all in my fake money
yo dawg we heard you like gambling so we added gambling to gambling now you can gamble while you gamble
thank you reddit for feeding my gambling addiction.
now i see why they call it circle jerk. and i am here for the bullish bias :d
my first time with using the unicorns and i do not know what i did.
“you’ve got to ask yourself one question: "do i feel lucky?" well, do ya, punk?” clint eastward-ish
i'm hoping to have some dumb luck with this tournament because i have no idea. hunch city.
may the moons be ever in your favor!
these are always a good time
don't you think these things are impossible in crypto for any people.
who's ready to come in 2nd place? i'm winning this one! lol .
aaaw yea 10%+ at everything predictions are back again
okay i’ve yolo’d 100 tokens on all the bullish options
wow. sentiment for ada is lower than all others
got 11th last one. i know shit about fuck
lmao well that was fun. hope my shitty predictions worked. this is a casino after all
if i understand correctly, i’m in the top 25% of this sub in terms of my predictions on the last poll. i didn’t even know what any of the reddit focused questions meant last time so i brainlessly plugged my answers in...
god i love gambling on a subreddit about taking gambles
predictive bulls and paralysing bears….either way it’s a pb
my 'mystery men' power: being in top 1% for 2 poll tournaments in a row when there is zero at stake, but then becoming a total prediction moron the second 1 satoshi is on the line.
let’s get these moons babyyy
really interesting thing you added in this sub i chose 5-10% lets see all the best guys
lets bet the bet
i predict me predicting 0 of them
i'm thinking my picks will net me top 1100... or... i'm gonna be waaaaay off... lol
i came fourteenth last month but didn’t get a prize. is it only this time the top 15 are awarded? 😓
price prediction can only be guessed by just one person and that is whales.
i am too good for loosing real money i guess its a win win here. lol .
anyone can guess,where is bitcoin going ahead in the upcoming year.
i can assure one thing, you guess the price you are going to loose next year.
got my votes in... how bout you?
thanksgiving is when people will talk about their gains with extended family, and that will be a time for relatives to buy. sentiment will be high.
monday is not so early for people,give some more time to guess tha chance.
this one is hard with the recent market movement
just go +10% on everything duh
does anyone else thislike these polls? i find them pretty pointless… oh look moon prizes! this is actually cool now!
what do i win?
the only right predictions: up or down
my predict is that bnb will reach at least 1200 dollars by the end of 2022. binance token promises a lot. i've recently bought some bnb and i'm planning to hold them for a while.
if the market goes down this weekend i will lose on all fronts lol
i will be back let me get some shades for predicting
am really bad at predicting
i hope atleast 35 to cover my losses
betting against my real thoughts so even if i made the wrong choice at least i get some tokens.
who's ready to come in 2nd place? i'm winning this one!
top 100 this round or bust
83k by end of nov
58,000-53,450 on monday. going all in with my fake money based on fake money. 7.5%
what if they go -10% and then back up to +10% by nov 29th? technically both answers would've been correct. this thing is stupid.
i like this crypto prediction tournament. we can maximize these resources by joining coreto where crowdsource information is valuable.
these are so pointless
i'm ready to be the top unicorn earner this round!
directions unclear - yolo'd my life savings into snowgem
5% to be on the safer side, and 10% on the riskier side. so 5% - 10%
once again, easy answer for subscriber totals according to currently 64000+ subscribers per week.
i feel the luck in my bones now, not even nine hell can predict better than me
the fact that i am 57th out of 12000+ users proves that nobody knows shit about fuck. ' i just use this to hedge my investments. everything i hold i predict will fall in the next week.
thanks to these predictions i'm certain i'll be much better off just hodling my coins.
these predictions made me realize that i do not know shit about fuck and that i'd suck at day-trading
when these come up. i seem to do better just randomly clicking and not reading the question then when i take my time and think about it. lmao
lol why not just do it do it for fun?
“bullets all around me - crypto generates the money - doller doller bill yaw” old dirty crypto bastard
what are the reference prices for these?
randomly selected some options and submitted my predictions! if i had any of these proper prediction skills, i wouldn’t now be doing these predictions!!
always a good time
down down xrp goes
this can only be done by some people like elon musk and not with us.
why do not we invite our whale partner for this type of game.
damn, this gambling thing is making me feel all tingly!
this play is going to be intrested anyhow as no one can actually guess that.
no one is going to win on the prediction game of bitcoin prices.
price prediction is not for people normal like us in crypto world.
nice, even more gambling with fake internet monies.
i'm good at predicting that my predictions will be shit.
this is one big glory hole
predictions become really useless. no one cares
is this where i bet ?
who are the lucky few who predicted the downturn? see ya'll at the top spots!
just here for my first moons 🥲🙏🏼
i did not know there was a moon prize, i always entered just for fun. that's awesome
it’s all optimism on this voting tournament
i bow before you my dearest moon millionaire 🙇‍♂️
finally i can get myself some moons
i don't believe in this type of prediction tournament. just in results.
i do not even know what i just did just clicked claim and clicked 10%
yeah what the fuck lol i didn’t k ow this was a thing
the biggest player in crypto gambling is all we know our favourite bitcoin.
i think the biggest gambling we ever can see is our life.
i need to know
what do you mean fake internet money, its magic internet money, work like magic to me
i am wating for the day when we can see the greatest game we ever see.
still everything we own in crypto is virtual but we cannot say that is fake.
this was my first thought lol. btc up 5-10% by monday though.
we must go deeper
here’s some free chips from me edit: never mind, i thought it costed moons i hadn’t voted yet
this shit makes my addiction do cartwheels.
you still think cro is built on eth
we dont come to these pages for stuff that males sense
but i can assure one thing this is the only way through which you can be easy.
the is all about luck and nothing more, who can tell your future.
you cannot say are going to win even if you know the exact value coming.
this is the game of prediction, but still those who predict right does not win.
don't you think crypto is the biggest gambling you ever seen in the life.
taking part in gambling and still you think you are not the part of it.
crypto is like guessing the future, if you guess the perfect one you are the winner.
wait for your winning chance and then take your move and then you wi be on winning side.
crypto is the biggest ever gambling you know in your whole life.
fly me to the *timbers*!
0.4 moon ratio is not even a prediction it's a wish 🤣
it's like instead of going to the casino you just play wsop on your phone.
put -10% or more on everything, if you're correct you will get moon and if you're wrong it will be a win for your portfolio, win win situation.
one time i was right about one of these. that was the day.
its good practice so you can just expect to loose
i always get it all wrong lmao
do the opposite of your actual portfolio, one has to happen right?
i've actually been having decent luck. consistently in the top 50%, but, of course, never enough to win anything
ahahahahahahahahahhahaahaha! why you are bad at this.
it’s been an hour bro— *types in tantamount tingly*
i would get some help, tingling doesnt sound healthy.
that’s the plan i came up with
ahahahahahahahhahahahahha! 500,0000 plus moon , it is not a small figure.
this one ve been elusive, pray i win this time
i done the opposite. win win situation lol
saw that dude in concert, good show.
the prediction tournaments are posted every month, and there’s community trivia! also visit the r, there’s frequent giveaways & contests:
i will win everytime, i feel it.
ahahahahhaahahahahahhaaaahaa! then take risk again.
me too, we are no longer virgins.
i usually miss everything so maybe i should do the opposite of what i think every time idk
yeah, buddy, i also wants to thank you for the mod.
trade them for schrute bucks
spend ‘em all in one place!
we must eat them to absorb their spirit.
please be our moon daddy.
we hope you win!
i didnt know they existed until today tbh.
i want to be a moon child instead
wow. - that’s spinning around my head since the great dip
im a fan of loosing real money, it teaches you lessons
ahahahahahaahahahahaahahaha! this game need strong faith and patience.
i do feel like a lucky cryptopunk.
this mada me sad. - mario
people are unhappy with the speed but those people can suck it, cant wait for sundaeswap to come out soon
i just know fuck, thats all.
sir this is a wendys'
i chose them all, like pokemon.
ohoooooooooooooooo! ups and downs are the part of life.
you received 25 moons [~9 days ago!](
its ok no one does despite what they say. cant look at crypto on a day to day basis, you have to invest with years in mind. anything less is just luck.
less proof that i throw fits about shuck— ing ~~corn~~ coins.
make sure you tell them what crypto.com is when they see the commercials. poppa has a bag.
if you click on the individual polls the reference prices are at the top
*now you’re cookin’ with crypto!*
we all did something we do not know what it is about.
just wait for the next update and then you will be seeing the answer.
just waiting for the winning announcement and nothing more.
thank you for your service
taking about what you did is not easy part,talk about what is going to happened.
bullish makes you first place!
even anyone of us are there, we still have did the same thing.
let's wait for the time and then you will know exactly what you do.
its on a need to know basis
ahahahahahhaahhahahha! what you need to know? just tell me.
exactly, not every things on internet is fake, there are many useful things.
more real than what fiat is backed by right now.
idk i think it will be crab
exactly, why not, just hope for the best and prepare for the worst.
im in it for the tech
shame on the *timbers*
you can have my chest but leave my booty alone— arg!
i came fourteenth for the last tournament - based on how my bag was looking at the time i thought i'd have got everything wrong!
did you try using 🔮?
in the end, no ones knows shit about fuck.
i got those powers too
ahahahahahaahahahaahahaahaahaa! predictions is an arts, less people knows.
i bet it will do the opposite of whatever i pick
exactly, this is the real key to success. perfect with practice.
alright then tell me your answer so i can put my money the opposite way
i’m down ,000 playing the markets…. the tingly feelings gone now :(
keep livin on a prayer
you do not realise how good is your advice
well that beets all!
i want the moon
ooo is that what they were for!! thank you brother 💪🏼
wow! that's a great start buddy. keep progressing and growing.
oh i’ll try again on desktop later. nothing seems to happen when i tap on my phone.
wait what, are we going to see the result soon of the winners.
cookin with crypto not a easy part i would say,but still go on.
ahahahahahahahahahahaahahhaha! what you meant by the term cookin?
yeah, i also wants to thank you for this awesome services.
you are my service.
i can read any links and i think there is nothing to worry on that.
but i do not think there is anything suspicious in this as i can see.
links that lie to you.
exactly, beware of this type of suspicious links and post.
luck be a lady tonight!
may the odds be ever in your lady— wait
first time seeing it. i know ill win.
*shame! shame! shame!* the crypto and the stock, the twin pillars of the metaverse.
exactly, buddy you are right, shame on the timbers.
i tried, it didnt work
but everyone fucks about shit.
band camp wished it was cool enough for crypto.
i thought that involved flutes, not crytpo.
ahahahahahahhahaahaha! many people did opposite to the suggestion.
dang, thought you’d be **up**
same same - but same
username checks out. song never gets old
ahahaahahahaahaaha! really prayer can change anything.
u? i hate when fucking dickheads like you go through the effort to pick out a comment and say how shitty is, like nobody gives a fuck about your negative, unconstructive and fucking nonsense opinion of someone elses comment. get fucked, learn some class and go somewhere else like 4chan to be negative. you are the one being useless here dude, not the guy with a genuine opinion about a topic.
bears. beets. battlestar galactica.
as in the saying, *don’t spend it all in one place!* but facetiously cause spend it where? spend it how? perhaps a **s/** would have been helpful. i was agreeing with you and trying to be witty simultaneously— and apparently failed at both attempts.
my name is the odds. where's your lady?
sponsored by raid: shadow legends.
when i am in stress. i listen songs. what you done, in stress?
ahhh. the old “agreement through sarcasm” trick. makes sense now!
somewhere one-upping you... offering *budussy for bitcoin*
thou art as fair as thou art gracious, o duckling of the purple.
my mother used to say the same thing!
my dad used to say it too!
* **[bitcoin]( [pros]( & [cons]( - participate in the r\[cointest]( to potentially win moons. prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * relevant subreddits: r, r, r * sort comments as controversial first by [clicking here]( doesn't work on mobile. --- *i am a bot, and this action was performed automatically. please [contact the moderators of this subreddit](/?to=) if you have any questions or concerns.*
regardless of how much crypto is actually used to make purchases this is huge news. major retailer accepting crypto would be enormous news even if it wasn’t gamestop who has made more headlines than all the companies in the s&p500 combined.
they partnered with flexa to support payments with a range of cryptos, memecoins among them. the article's headline is a joke.
some folks probably holding the bag on doge, might put it to use at gamestop now, lol.
gamestop accepts flexa which accepts a wide variety of crypto such a loopring, dogecoin, ethereum, bitcoin, ' edit: i cant spell
i’d gladly trade in at gamestop just to get crypto from some games i don’t play.
can we clear up this headline please. this announcement came out a few days ago already, gamestop is not specifically only accepting as btc and doge, they have implemented the flexa payment system (amp token) as a form of payment for their goods. flexa allows for way more crypto payment options than simply just “btc and doge”. this whole headline seems like a shill, rather than just naming it “gamestop now accepts crypto payments”.
awesome article but it should mention amp token is the heart of the flexa network and makes the transactions possible
> meme stocks and pupcoins are the peanut butter and jelly of investing — wtf is wrong with this writer 😂 and that thumbnail is so misleading. it should be the amp logo.
do you have to pay capital gains tax as well when buying with crypto?
yes 🙌 thanks to flexa (amp) !!!
lol picture is of shib what a joke. flexa is the real player here. amp is hella bullish. flexa will enable mass usage of crypto in retail space, which might not be very common at this time but its usage will only grow over the coming years.
next stop: accepting eth thru loopring! time for moon
powered by flexa. adoption is getting closer each day!
the game never stops with gamestop!
‘no longer just bitcoin and ether’: crypto industry braces for wider adoption, more competition and perhaps regulatory clarity in 2022 .
i also accept btc!
time to use my doge to buy something at gamestop.
i can sell a game for 5 doge now
things are finally happening!
don't they accept all cryptos flexa supports?
can’t wait to see the flexa network continue to add merchants and become integrated with more wallets! soon stores will have “pay with flexa” stickers at the register.
gamestop uses flexa, which uses amp as a collateral token to make all these crypto transactions possible at gamestop, and over 41,000 other stores (like lowe’s, home depot, dunkin’, whole foods) just saying, if you’re looking for a great crypto that’s actually being used in the real world right now, and driving crypto adoption, check out amp from flexa. they just added about 20 other cryptos that can be spent at stores:
all thanks to flexa and amp!!
crypto is going to welcome a log of the gme apes and i can see this news make retail grow the gme effect is strong
headline mentions shib and doge. reddit title btc and doge lol
flexa is powered by amp token. what’s cool is flexa needs amp token to operate but amp token doesn’t need flexa (even though amp was created by flexa and consenys). flexa is open sourced as a collateral manager so anyone is welcome to create its own collateral management and use amp the way flexa uses it. go amp!
doesn’t cost the user anything. flexa’s <1% fee is charged to the merchant and that’s it. this is because amp token creates economic finality by collateralizing every transaction. currently there is aprx ’s collateral pool to facilitate transactions. the best part though…flexa uses the fee to purchase amp on the open market, once the transaction is completed on the backend the amp is then thistributed to stakers as rewards. this is a limited supply token so you do the math. as the flexa network usage increases naturally will the price of amp.
they have to add other cryptos too, it would be so great.
flexa and amp. collateral for retail purchases
tldr; video game retailer gamestop (nyse:gme) is teaming up with dogecoin and shiba inu to allow users to pay for goods at gamestop locations using the flexa crypto payments app. users can also pay with bitcoin and litecoin. the news is a big win for gamestop stock, which is down about 1%. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
should we trust an article that shows the wrong coin in the thumbnail?
did you leave shiba inu off for a reason?
"hi i'd like to buy battletoads with doge coin"
if you’re trying to find a incredible crypto that’s really being utilized within the genuine world right presently, and driving crypto selection, check out amp from flexa.
nice to know that they added bitcoin, it was necessary.
i can understand that they added bitcoin but why is doge there?
“gamestop stock is partnering with flexa to allow crypto holders to pay for goods in new ways” 😏
i congratulate them and wish for the better future with crypto.
just need wal mart or amazon or target and it’s over for fiat
you know what gme? you're all right.
they better. reddit saved their company. that’s the least they could do.
use flexa you'll be able to use more crypto like ada but why would you send your ada lol wish they accept hosky...
a step in the right direction
we're are finally being adopted by big companies. all i ask for next is walmart. the amount of walmarts around are insane in the us.
no wonder my doge is selling so cheap now, gamestop has always had a shitty trade in policy!
neat but you'd have to be pretty dumb to use bitcoin as currency right now. especially at gamestop
lets goo. accepting as payment is a good start
of course they do. would only make sense to try and unify the three largest retail investor groups (meme stocks, meme crypto, and traditional crypto). beyond that, this is massive news, heralding adoption in a key us retailer with a large presence and younger audience.
huge. major retailers getting on board with crypto can only be good. need more though!
and shiba inu which you conveniently left out of this post
thank you flexa r
nice to see that man, i hope they will add more currencies.
adoption increasing at a fast rate
gme apes 🤝 cc community
and the loop ring wallet came out today!
and the picture is of shib. good work, ignoring the real article title op. the article is about flexa.
noice. but where is the lrc announcement?
now we talking business. i would never use btc or eth as payment personally because of their future potential but using doge as payment sounds reasonable to me.
bullish. that's a dip
finally! it is here with us. starts as a rumor, then confirmation and finally, actuation! this is the adoption we yearn for … more and more corporates to follow. 🚀
no fucking way! ok im going to go out of my way to buy shit from gamestop no joke
this is great news and a good one for crypto
great move!! good for them ! it was about damn time if you ask me !
i bought in when elon tweets last week for a . good vibes for the moon. gme will moon this once they become an empire in 2025 (as some believe) ;d
can’t stop won’t stop
we did it guys
so will btc reach 100k for the end of the year?
people: 1 hedge fund: 0
so how do you actually use it? it's not readily apparent on gamestop.com.
everything that helps for adaption i like
my jaw is on the floor
finally a usefully reason to own dogecoin.
my body is ready.
this is it. it's happening
🦍 can’t stop won’t stop
i like the stop
the madmen actually did it.
why would they not accept a fucking coin meant for transactions.
this is bullish for gme
regardless of everyone's here opinion about which coin should be accepted, this is a big step in the right direction...but...not eth? huh!
big news for us all to the moon 🚀🚀👩‍🚀👨‍🚀
utilizing flexa network (amp)
lets fucking go! 💹
what’s up with this sub are you leaving out shib on purpose??? fucking chilthish
no spike in gme stock though?
did they just form captain planet?
they know how to do it !
gamestop to the fcking moon. second squeeze is coming
so now i can spend my devalued bitcoin at a store i am currently losing money on in the market. nice
inject me more of that adoption. gains are near, pumps are coming!
absolutely fucking bullish \
imagine going back in time a few years to tell yourself that gamestop will accept dogecoin for buying physical copies of video games...
it still absolutely blows my mind that gamestop is still at 130
nice that is a good move, they may get some payments in btc.
gme and crypto. sign me up haha.
& shiba inu soon
once lrc announcement comes, lrc will moon to top 10
gme stock will skyrocket after this
companies that accept cryptocurrencies do so through a 3rd party and sell it immediately. it’s too volatile to hold and they also need to pay taxes and costs in local currency. so most companies that accept crypto do not hold it. it will be dumped on an exchange for cash. and you’re also not getting cryptocurrencies for your trade ins or your refunds.
r. good work fella’s. i’m excited to buy the new battlefield with crypto.
finally some bullish news that will help push bitcoin upward again.
as a crypto and gme holder, my jits are tacked!
heres the lrc news guys. it turns out the lrc news was flexa all along.
legitimatetly... does anyone actually shop there? like, i know they own a whole bunch of subsidiary companies and services, giving the company its value. but really... people actually buy stuff at the brick and morter stores?
they also accept loopring as well
why the hell is the photo of shib? that coin needs to rot in hell
btc and doge is the future currency of the world
please please please do not use your btc to buy stuff. definitely do not give your btc over to a corporation to hoard. your btc is an asset you will borrow against when you need to.
after gme got rescued by millennials they are going balls deep to appease them.
its funny that even after these news and last elon tweet, the coin is pretty stable around 17 cents. im pretty sure it will die soon enough though.
can we stop with the doge shit and get some coins with an actual utility?
c’mon just announce the loopring partnership already
why would anyone shop there? they have horrible rerun policies and are generally more expensive. terrible company that would have went bankrupt if not for reddit.
has lrc all of a sudden become 'not crypto'?
fuck gamestop. the adoption is cool but that place sucks
despite the meme the company is a shit hole company with the toxic work culture, constantly mistreating its workers, and shitty management from upstairs i wish the internet meme lords picked a more deserving company than this shit hole of a company fuck gamestop
the gamestop by me closed down, who shops at gamestop still? there are game consoles that don’t even accept physical thiscs….why would they go to gamestop? to buy an anime bobble head?
soon everyone will be balls deep in loops... soon
gamestop accepts btc and doge now. and the picture shows shib lol. that's hilarious. also it is a very smart got gme to accept those 2. you know, bc the fees on both of them are so fucking low! unlike others.
lets go lrc! (please dont delete my comment, please dont delete my comment...)
l2 is really appealing.
sure, it is probably just for the publicity and such, but it is awesome to see more options available to actually *spend* crypto. awesome!
it’s fitting news for gamestop to close out their year with this announcement. gme took the investing world by storm this year and this might make 2022 an even more interesting year for them.
flexa powered by amp. buy amp asap! lfg 🙌🏼
gme + lrc = ❤
i will see if this post getting blocked too like the lrc posts
don’t ban loopring dicks
gamestop dive deep in the gaming era
anyone saw a post about spacex satellites running dogecoin notes on r? real news never make it to the top here
i hear once moons are accepted everywhere the bitcoin laser eyes will become moon laser eyes
lets go doge !
now you guys can dump your doge for the latest pre-order.
we’ve come full circle.
course it does. ! meme fanboys madeth it. it giveth back.
bitcoin normally trading at approx 49k. clerk: *all these crypto coins add up to about 10 dollars trade in*
the memes write themselves
it's interesting how they manage to keep doge relevant. good luck to the .7x bag holders though.
everyone wants btc and accepting it as payment is a way of getting more of it
let the memes fly
and the price of doge has not budged...
meme stock accepting meme currency match made in heaven.
yo let’s make some meme magic happen
believe it or not, dip.
can someone explain to me why lrc partnering with gme is going to make it skyrocket? legitimate question because i purchased some lrc when i saw the speculation. but seeing how gme is now accepting all of these others why is lrc different? smooth brain here. thank you!
i wouldn’t give gs my monopoly money if they accepted it. they’re definitely not getting my crypto.
stonks go brrr apes go moon!
but, will they pay me in doge on trade-ins??
how on earth hasn’t what’s his name tweeted this yet, when he does it’ll go up and we should probably get some. ugh.
why friggin doge tho
finally, some utility, no matter how small, for the doge i've been holding. good news for crypto adoption.
why not elon is back again on doge coin.
gamestop going bankrupt after elon musk tweets a picture of big chungus and their year’s profit becomes worthless
why doge ? stupid to be with that.
accepting cryptocurrency as payment is not enough to make their business model relevant, unfortunately.
more like struggling to stay relevant lol
it's like they are begging to be a shit company again, oh wait...
good, but since i started buying...
gme to the metaverse then?
can’t wait to trade in one bitcoin for 3 doge coins
can you still get a refund?
article also mentions shib
and i’m out gme
can the pay us for our trade ins in btc and doge now?
how is this good for hodlers tho?
really, a meme coin but not ethereum?
btc and doge, sitting in a tree, k i s s i n g
elon musk atm: "wait, thats illegal!"... or... "how can i pump and dump this"? or... "hey, it was my idea first!" or... "i still have the biggest penis rocket!"
here is me hoping doge will go up!
“it worked for elon” 🙄
this is amazing, i could totally skip banks now and just buy with pure profits when eth goes up, if i use looprings l2 wallet or any of the similar ones that are coming up soon.
if doge moons, would not i look like that guy that bought pizza using btc many years back? headline: gamer bought 2nd hand game at gamestop using doge in 2021 that is worth 100k today.
of course it does.
they'll still give you .
doge to 10 dollar folks are coming outta the woodwork.
what happen to lrc?
and for the record newegg takes bitcoin
and they use lo go of that fuck face rip off greed coin...
so now apes not only have to learn options to help drs trigger moass but we now need to get with crypto? so many wrinkles to acquire!
only a fool would trade his bitcoin for some video games…
great... " oh you have a brand new copy of call of duty, still in the wrapper...well give you 0.000000000000000000001 doge for it"
mods. i want this post taken down. it’s brigading. how dare someone post about news related to a cryptocurrency. what next. dogecoin gets a wallet and we post about it?
just when you thought meme stocks , couldn’t get any more absurd
what does gamestop sell? games?
okay. i've partially lost hope in doge. how do i buy the stock
btc, ok. doge? jesus.
well that is just fu kin cool
them adding doge to that list makes it obvious that they’re actions are just gimmick in order to attract attention imo. still cool to see adoption in any shape or form though
can someone eli5 here? how do i turn my crypto into video games here? i do not seem to see any flexa option at the gamestop checkout screen.
in order to purchased physical games? why not purchasing it at steam?
sweet. a million doge for a new xbox?
why am i not surprised one bit
lol sad doge shill, they are accepting many coins zero reason to just mention doge beside btc.
some c-suites ignore reddit and retail investors, others embrace them and win!
gme x btc to the moon
dying meme accepts dead memes as currency.
talk about gamestop being thirsty
cool now they can rip even more people off in even more ways!
now all trade ins are worth 1.
doge actually gets fundamental value and what does the price do - jack squat. man this is a weird space. i know, i know. markets do not necessarily move in unison with news, especially in times of uncertainty. i just find it funny that a coin moves the needle more when it is memeification intensifies, rather than it is actually use.
i heard if you buy a bitcoin from there and try to trade it back in you get one entire doge!
it says dogecoin and shiba inu you fucking moron
what a weird combo, like some good cop
i have a sense of feeling a lot of cryptos will be accepted. but idk mate. i got 3 favourite and possibly one of them is gonna be a revolutionary thing so…...
lol. and the article uses the shib logo. i’ll bet shib just pumped.
drs gme you can actually own property that way!
banks are no longer the only player in the financial industry .
oh here we go
i think now doge will recover what you guys think
accepts btc & doge but they use a picture of shib
if only i didnt use gamepass or buy games on steam.
people are holding thier breath for tesla to accept bitcoin again. whilst that may be big news, i am far more interested in mcdonalds, starbucks, and places like gamestop accepting. tesla is a luxury product with low transaction volume. maccy ds and starbux are transacted into the multimillions every day globally and already have some infra rolled out in el salvador. if they decided to roll that out to more locations as they see the value in holding crypto then it will be a domino effect.
guys i recommend you the the l. this sub here is a promoted echo chamber
why they add doge in their site? is someone paying them to do that?
man people on here get excited about the most stupid things ...
it's a good step to add some cryptocurrencies in your site.
loopring just released its wallet too
lol, like i am gonna fall for that again.
pretty good, they are doing something good for cryptocurrency.
15.5k upvotes for a link post? wow, lucky moons to you dude!
i don't believe in a platform that accepts meme coins.
crypto adoption is progressing. most people have heard of crypto by now.
translation: "please allow me to stay relevant!"
doge to the moon.
there is another wallet that isn’t mentioned that allows you to send payment to gamestop
maybe shib or doge one day!!!! lol yeah right those coins are fucking crap
it has finally happened. sincere congrats to gamestop for using every trend as their advantage
so is the bitcoin transacted via lightning network⚡️? if it’s base layer it’s gotta go through those 3 block confirmations.
and shib too... coins that have liquidity
i love watching crypto adoption. big or small, it is progress!
my favourite company accepts my favourite crypto asset (btc). happy.
mass adoption of nfts will result in the mass adoption of crypto. not the other way around.
another reason to buy gamestop?
that's a pretty good thing for the future of mass adoption.
i dont understand how shops can accept meme coins...
decentralized finance builds authority and gains mainstream adoption.
alot of people will be scared to enter crypto. and a few have left after this crash.
will this be through paypal like amc or can i send it from my actual wallet for payment?
crypto adoption always sounds very cool to me, good luck to them!
cool man, this can be the starting of the mass adoption.
there is no one who will pay through doge but it is cool we should appreciate.
this helps. hopefully others will join soon. i’m just glad gme is even still in the game. i always thought with cloud gaming they wouldn’t make it. way to go apes.
why the heck gamestop added doge coin? what are they doing?
this exact post has been reposted multiple times and multiple times they have hidden the fact that gamestop accepts a lot more than just btc and doge (same exact omissions as last time) and ignore lrc, eth and many others. sounds like btc maxis are afraid of web3
with crypto.com card we already have the opportunity to use crypto to pay for lots of stuff.
is there something i’m missing here doge? why not litecoin or xlm lmao
i thought lrc :o. but i am glad that they accept btc and doge.
i want gme to offer more for my priceless btc
that's great and all, but it is still just a meh retailer.
because they have to at this point, their trade-in's are essentially the same as dealing with crypto. you pay far more than you will ever get back from them, fits their business model.
what happened to the lrc speculations?
did you mean gamestonk
and soon loopring will seal the flying to the moon deal.
i remember when a ton of retailers accept btc. i miss the time before small blockers
meh. i buy all my games as digital downloads.
i would gladly pay if i had an anonymous bag. otherwise in theory you pay tax twice (capital gain tax when converting to + sales tax). most likely i would not even bother reporting my . or you know, you bought the ath and now just harvesting your tax losses
great news! now some nfts with lrc please
this going to be removed for brigadieriness as well?
gme + lrc = brrrr
and not lrc??? that sub is going to explode
moass is upon us 🔥📈🎯🦍
i bet if this post linked about lrc will be deleted
good on gamestop for selling a game for 7000 dollars.
this is such cringe pandering to keep the retail traders with them, same as amc, absolutely 0 realistic use case
don’t be late lrc
gamestop still only takes real money. they just found a company to take tokens from customers and then pay them real money.
this is good and all but who the fuck actually goes to gamestop anymore
now do the lrc announcement!
watch out, don’t mention the coin that shall not be named. else we get this thread removed.
but the fees ... :(
how does this stay up but lrc posts get removed?
i've dabbled in a fair few cryptos this past year, got in on sol , eth at 1,800. but the best opportunity that makes me as bullish - if not more bullish than those - is lrc. it's going to solve the problems of eth with the zkrollups, and now the counterfactual wallet being released yesterday will propel it to heights within the -100 range from here, especially when the gamestop partnership gets announced (imminent). it's a great buying opportunity still and under . just my 2 cents :)
game stop is still a thing?
when is gamestop going to accept shib?
the world is not ready for full adoption of crypto and crypto itself is not ready for the world.
is game stop alive again? i thought they were on a brink of bankruptcy?
if you want to support gamestop you can always buy your items in crypto instead of fiat. just be smart enough to not use something that has crazy fees. edit: see comment below. flexa might have really low fees with any accepted crypto.
don't forget to mention that it is all powered by flexa
lrc collaboration is very near too, it is gon be one hell of a ride!
steam accepted btc back in 2016...then they removed it. while it is great that retailers accept it, i wouldn't go as far as some companies accepting it as making it huge news.
imagine if bitcoin keeps going up, and usd keeps dropping. its the switchening.
they just started accepting loopring as well a few days ago
every crypto geek's dream, somebody taking crypto seriously.
am i the only one who feels crypto currency has "1929 great stock market crash" vibes to it? seems abusable, unchecked, convoluted, the makings of financial ruin for many.
it’s even bigger to us gme market bros because this is lending to the rumors of the much speculated nft or crypto dividend that could trigger an unstoppable series of events that culminates in all of us gme holders retiring. (as opposed to going broke, which may happen to many others in the process)
how about a sovereign country accepting bitcoin as legal tender? el salvador is the first domino to fall
lots of huge news going on right now! some new wallet installed today
tesla was selling & . like 5% to 10% of sales (it was only offered 3 months).
no one uses it as currency
no matter the coverage, i still fucking hate how they are pushing the narrative that at wsb “these investors led a group of buyers” implying we aren’t all some group of independents doing and sharing research about a stock we like and making investment decisions as we see fit. they keep pushing this false bs in every article across all financial media. never even occurred to them this dying brick and mortar retail business could reinvent itself and come back and tear a hole in the systems giant asshole by buying and holding a stock we like. that sure as shit isn’t what’s broken here. this is occupy wall street 2: blockchain boogaloo
floki inu made a deal with shopping.io and can be used at major stores like amazon. still did not make any major news outside of the community, that is kinda sad imo, as i agree with your statement
completely agree. publicity is publicity. if the big corps get interested in crypto this will probably result in useful project's success
absolutely! once corporations sees that gamestops benefits from this we'll see more corporations following suit! adoption is adoption!
why does the headline say “accepts btc and doge” when the article says they accept “ shiba and doge”? that weirded me out because the picture is showing a shib token…
does anyone actually think gamestop are actually accepting btc as payment? they're just using a centralized service to sell your btc and accept dollars.
do you actually believe that gamestop has made more headlines than all the companies in the s&p 500?
definitely still very early on, a lot of people are still buying coins because they are cheap, or because they create a buzz. many still have no idea of ​​tokenomics.
major retailer? dude gamestop is fucking dead it is obsolete in current year.
landry's rewards program tied itself to bitcoin as well. ( a local high end restaurant franchise holding company.)
1. gamestop is not accepting crypto, they are going to have a 3rd party take crypto and gamestop gets paid in usd. 2. only a moron would spend volatile crypto as a currency. 3. this really is not all that newsworthy, they are not the first by a long shot.
thus far companies that started accepting cryptocurrencies have just been peddling their own stocks. gamestop doing it for their apes is a non-event.
gme is not major retailer.
you should check out the plugin directdogefinance has created! already on 1 little store but it allows you to buy merchanthise with crypto :d
oh fuck right off has gamestop made that much news. you spend far too much time on reddit, clearly! echooooo chamber much!? the general population has no idea what even went on there. let alone more than every other index company combined. what a ridiculous statement!? get out more, and talk to the average human going about their lives, not just online folk.
can't be more bullish right now!! next lrc?
not huge news you want it to be huge news
it is a meme retailer accepting meme currencies to stay relevant. this is not big news same way amc accepting crypto is bs
or... orrr... everyone will recognize this is just a gimmick done by a company that has benefited from being turned into a financial meme and wants to keep the party going.
do you actually think this is big news? we’re talking about a meme stock who’s ceo is constantly pandering to their investors drawing them in with vague talk of nfts, it’s a no brainer decision to bring temporary hype. does gme actually think they’ll get even 1% revenue increase? of course not. everyone knows that accepting crypto barely makes a difference. plenty of much bigger companies have accepted then stopped for this reason.
yeah flexa seems to be gaining some momentum and this is absolutely huge for amp.
you mean to tell me, investor place is not a good source of journalism?
yup, this is more about amp's success than anything else. but good news for the crypto space overall.
"gotta get them to click the link using dog coins!"
i mean honestly, you'd have to be stupid to *just* accept bitcoin and fuckin doge of all coins lol. bitcoin i think we'd all understand... but doge? 10k new doge. per. minute. forever. i'll never get why anyone invests in it.
yeah i cannot stand these posts, and i see a lot of them. "blahblah now accepts titty fuck token!" no, a third party app facilitates the ability to make a transaction and there is a very high likelihood of it being a taxable event.
moons would be great!
is that ameriprise or a crypto?
does flexa convert automatically to usd etc. for gamestop, or could gamestop hold btc etc.? if the former, it is likely just a matter of currency conversion, especially since i doubt they will give prices in btc etc.
the headline, although a joke, is very purposeful. they want people to see it and put money into dogecoin. dogecoin was the biggest pump and dump coin about 6 months back.
if i had some doge that is where i'd be putting it 😁
any adoption is good adoption, i say. but i'm also an idiot, so who knows
it's at least something !!
might as well use it now.
\+u here, use it!
crazy that people still cannot spell ethereum
>flexa not to be confused with flexo: the fun loving love machine fembots love to love
algo btc bch celo dash doge eos eth ltc xlm sol xtz zec amp atom bat comp eco link lrc luna matic oxt skale sushi zrx
they'll give you 1 doge for your copies of battlefield 2042 and cod vanguard.
i wish we had it in the uk. there’s cex who (i think) still will trade for btc but their pricing is bizarre so it’s hit and miss. edit: they do not trade for crypto any more. i don’t know if any places that do here.
knowing gamestop, you will receive 1 satoshi per game.
that’s coming. will also likely be able to trade-in games that you got digitally.
thanks for posting. the subreddit has a minimum amount of post allowed for many cryptos. which is why i did not include shib, i did not want the post to get auto removed because of the limited amount of post regarding shib. doge and shib are in the title, while the article itself include btc and ltc too. i wanted to keep the title short and sweet. i figured include one serious (btc) and one meme (doge). nothing against any of the other coins i just did not want a super long title. i hope that makes sense.
it should also have an image of a coin with doge on instead of shib. makes the article writer look pretty clueless.
just needs a snack and some puppy kisses.
yes when you buy something with crypto, its considered as selling the crypto for cash, so you would still have to report the gains. however most peoples in the usa tax braket would be such that if this was their only cap gain, they would have like 40k of gains not taxed before they start taxing
this sub was right on this one. bullish on amp.
[ask the doctor]( learned the hard way no one pays in shibe.
so how do you feel about alchemy pay vs amp?
question on amp. not totally familiar but if amp is used for settlement of transactions that help convert coins’s the driver of growth for amps price? aren’t we just seeing instant buy? i’m sure staking or pooling is nice though. here to learn.
hopefully actual usage increases to reflect all the onboarding.
"gotta get 'em to click the link using dog coins!"
amp hasn’t done anything and seems like it won’t.
they already are accepting eth through flexa. which could have been in the title but for some reason op chose to highlight btc and doge only. the full list of cryptos that gamestop is currently accepting via this new flexa (active, right now, today): - ada - algo - avax - axs - bch - bnt - btc - celo - dai - doge - eth - gusd - link - lrc - ltc - mana - matic - paxg - sand - shib - slp - sol - sushi - uni - ust - yfi - zec coming soon: - usdc - amp - atom - bat - comp - eco - ~~lrc~~ is already active - luna - oxt - skl - zrx - dash - eos - xlm - xtz [edit: and 18 minutes ago they just tweeted that support is now added for]( - abracadabra’s magic internet money (mim), - mstable musd, and - gmo internet’s gyen tokens it is literally new coins every day
yeah, and nft's ... lol ...
lrc is on the edge of their seats
pierce hawthorne here is asking the right questions.
ah damn it, i have about ,000 worth of doge i wanted to give away to a random. sorry i could not help...
one of us! one of us! one of us!
can we get an f for this guys portfolio
>gamestop uses flexa, which uses amp as a collateral token to make all these crypto transactions possible source?
already did somewhat with the loopring rumors.
apes are brand loyal… if you’re looking to capitalize on that transition from retail to crypto it’s already happening at lrc but i guess we aren’t allowed to talk about that here because it competes with matic
if gme does ever explode you know a ton of that money will end up in crypto.
there are currently 28 cryptocurrencies on flexa's spedn app they are all accepted. more are being added by the day. 👌🏼
i believe there can only be one or two posts about shib on the front or a post will get auto removed. i definitely saw at least one post earlier about shib so i did not want it to get my post auto removed. i also left out litecoin. i wanted to keep the title short and sweet. i decided to include one serious (btc) and one meme (doge). nothing against shib or ltc.
because flexa currently has over 28 cryptocurrencies available to spend and are adding more daily. when someone partners with flexa they can accept all cryptocurrencies that flexa supports.
so when are they gonna accept my moons as payment?
how do i get into buttcoin?
do you buy physical goods with crypto?
let's go for that too, we should use and promote both of these.
yeah man i love to pay through crypto on flexa, they are great!
indeed it is bullish on bitcoin, they will increase the adoption.
these websites helps a lot to increase mass adoption rate.
to be fair, the actual article title includes shib too. gamestop started accepting flexa, which allows btc, ltc, doge, and shib payments.
just around the corner!
how am i not even closed to shocked or surprised
yep it is my go to place for my pokemon tcg hobby which are normally sold out everywhere online but sometimes i can get pre-orders in the store placed and find product on shelf if i'm lucky
they are moving to be more of an e-commerce company but it’s still a good place to pick up accessories and hardware. i bought my switch and travel case there. it’s a nice place to browse if you like gaming.
does anyone shop there? hahaha try checking their sales reports even once lolol
i get the gme movement as a big "fuck you". but i have not bought a game at gamestop in more than 5 years. much less sold one there. it's always so much cheaper on ebay or walmart. and games are not something i need to go browse at a store, or try on. but i'll take the adoption.
plenty of photos recently of long lines of people outside gme stores, i guess some people like going outside?
i use to buy the different assassins creed games there. i’d beat it take advantage of their generous return policy and buy the next one. made it through like 4 games before i got burnt out.
i do not understand why they added shib on the payment way.
burn in hell? why?
well the sad news is that website really added it beside bitcoin and doge.
i thought it was currency? lmao you people are so confused.
i would be extremely surprised if people use btc at gamestop. anybody in to both video games and crypto seem like they would be at least smart enough to know that if you give btc to gamestop, there is a great chance they will make a fortune off of it at some point.
there is nothing wrong with taking profits. i've been here for 10 years and i still cannot pinpoint the moment when we pivoted from making a new digital currency to buy things, into "never spend". again, there is nothing wrong with taking profits. especially if this way helps dodge the tax man.
it may drop but i doubt it leaves the top 25 in the next few years
don’t worry, at their current money burning pace, they’ll be out of business in about a year.
just a tiny bit 🤏
even with a console that accepts thiscs (ps5 standard), i’d much rather buy games off amazon.
are you surprised 😂
i'm not invested in lrc but i believe the rumor is that gme is going to open up an nft marketplace. i believe lrc will somehow be involved in that.
i just checked and yeah there does not seem to be an option for it. i know you can buy video games on play-asia with crypto. i think newegg takes crypto as well
early 2022 flexa is introducing traditional finance through their network as well. it's a much cheaper better payrail using the blockchain instead of the old legacy pay rails visa mastercard etc and all the banks use.
it's just 1 of many cryptocurrencies flexa offers. they added 28. doge shib and btc are just known so used in headlines and articles. you can check out all the options on flexas app called spedn.
thanks but remember moons are capped at 1k for posts
flexa uses amp as collateral to make the transaction instant while it is getting confirmations. once the blocks confirmations have gone through 100% the amp then goes back to its collateral pool and is ready to be re used. flexa does have a lightning network collateral pool so things on the lightning network can use amp as collateral. this here is running through the flexa spedn app so it would pull amp from their spedn collateral pool.
flexa network can take shib in from customer and pay out merchant in currency of choice like usd. 👍🏼
lrc is not meant to be a currency.
just a meh retailer
lrc is in there its all through the flexa payments
thanks for posting i'm not trying to be an intentionally misleading. i did not mention flexa because this is cryptocurrency subreddit. so i mentioned one serious crypto, btc and one meme crypto, doge. i wanted to keep the title short sweet and crypto related. it's nothing against all the other coins or flexa. i hope that makes sense.
already announced on 12
yes, flexa announced loopring support on 12. gamestop support was announced on 12"enter the metaverse"
yes you can spend lrc original source 👇🏼
what fees? it does not cost anything to spend through the flexa app spedn. i use it all the time at dunkin.
gamestop is using flexa so no fees for you no matter what crypto you choose. gamestop will only pay 1% fee and can receive payment in any crypto or in fiat. you can pay with the spedn app or gemini pay!
and also be smart enough to know the tax situation in your country beforehand. it could be possible that this is a taxable event and you may have realized your gains.
flexa, which is powering this, dosn't charge a fee to the customer in the transaction, and the currency holds its value until the point of sale (at which time it is exchanged for the thing you purchased). this is collateralized by amp. and anything can move through the flexa network. want to sell your nft for an xbox? that will soon be a reality.
just use lrc since the two are about to partner with each other
just be smart enough to not use the main net of etherium
support flexa and buy amp token!!!!
honestly though, out of both btc and doge neither have super crazy fees. btc is not ideal compared to some alternatives, coming in at something like .50 to , but eth fees have changed everyone's perspective on what expensive really is. doge itself recently refactored its tx fees so i think you can send for like 0.01 doge per tx. as for other coins, tread with care.
doge is currently very good for that (although presumably shib will surpass it long term with lv2 and rollups).
so that gamestop can instantly convert it to fiat ? nice
sorry for asking this how are ada fees btw?
correction currently flexa has the lowest fees and is the easiest to use...
super early... i can’t believe how most people i know don’t own crypto 🤔 which is fine by me... more time to accumulate 🤷‍♂️
pretty sure gamestop only accepts crypto via flexa.
would you happen to know why coinbase is trying to charge me outrageous gas fees to move my amp to binance? it's telling me something like 40-100 dollars...
like layer 2! i’m sure there’s a product that has a free l2 wallet
there might be a new l2 onramp with very low fees coming to gamestop in the close future
how is it fractionalized tho? say you want to buy a video game for . u spend ? then bitcoins value triples so in essence you pay ?
you cannot talk about lrc here better be careful
>lrc collaboration is very near too, it is gon be one hell of a ride! that would really be a great final touch. adding an eth payment option with relatively low fees.
also amazon and microsoft. then it dipped and everybody was like whoops ctrl+zzzzzzzzz
steam accepted it natively, meaning they went through the blockchain and everything. that doesn’t help when btc has 5 txps, managing that would suck. flexa is a centralized service, so they can handle blockchain transactions on their end and make sure users aren’t idiots. if you want a company to accept tokens directly, it probably won’t be bitcoin and people would need to know a lot more about crypto
41,000 and growing. i know those numbers do not go anywhere near visa-lot, but; increasing. so are dollar for dollar currencies. want to purchase in japanese yen? buy some and go to bed bath and beyond in the us. does it feel odd? do you normally hold yen?
i think both of those things are guaranteed to happen. dollar will always be inflationary and there’s not a bear in this sub that would say bitcoin isn’t going to go up long term.
no need to imagine. it’s inevitable!
it seems the usd is going to keep dropping
a side effect of explosive growth is huge dips. no one should expect this market to be stable at this point in time because it’s never been stable in its entire existence. it’s goes to the right and it eventually goes up.
sure thing! i'll just wait 4 hours after i pay for a burrito during lunch. so convenient!
for sure. the first of many.
i exaggerate like a thousand times a day
it has over 4800 stores. just because it’s a meme now doesn’t mean it’s not a major retailer. it should move more towards being e-commerce but brick and mortar will always have its place.
gamestop has 4816 stores. yes it’s a major retailer.
4816 stores plus e-commerce.
why are you so angry? gamestop was huge news on the internet of course but also talked about on fox business and cnbc constantly. it’s why the term memestock is a thing and is mentioned on cable news weekly. gamestop was talked about by literally everyone last january.
this is a crypto sub not a gme sub sir. i don’t care about gamestop and their revenue. just care about additional adoption of crypto.
why is it huge for amp?
so buy amp? 👀
lol ya it is a hot take
surprised they did not go full frontal with an "elon musk" name drop.
i know this place loves to irrationally shit on coins they don’t like, but at least do some research before spouting off nonsense. first off, inflation on doge is capped and actually declines year on year; so it isn’t “10k new doge, per minute, forever”. far from it. as for why doge, it’s one of the lowest transaction coins within the top 10. not surprising that businesses, including gme and tesla, would therefore want to accept it.
well, this is perfect. it's for this very reason that doge is more suited as a currency than a speculative asset. edit: i invested in it because it was cheap af. basically it was spare change in a piggy bank that wouldn't lose money at <1 cent, hell even 10 cents. it was already virtually worthless. i saw a lot of room for upside. easiest money of my life.
doge investors are determined. they would not leave until at least 1$. that's a very long wait.
have some doge! +u
best investment ever !
crazy that people still do not know the coin is called ether
and charge 1 eth for the person who buys that copy used.
you're robbing gamestop at that point, getting way more than their value, shame on you
worth it by a lot
what do you reckon i could get for my pristine copy of goldeneye for 64?
1 shib for all your old ea sports games
i’ve heard of cex from my british homies. i swear there’s gamestop or ebgames in the uk.
so, i still stick to my original point, why not just name it “gamestop now accepts cryptocurrency” or “gamestop now officially accepting crypto as payment” etc. this is just pumping a false outlook otherwise, many people here are new and certainly won’t read through the article and figure it themselves. if you thisagree with the above, i can only otherwise imagine you put btc and doge for yourself in an attempt to gain more karma from the post using the typical buzz words. not trying to be rude either, i just don’t like misleading titles and this is definitely a misleading title however you see it.
maybe they are just trolling shib owners
it's 40k of taxable income before you have to pay cap gains. any income, not just capital gains.
besides the one big pump to 12 cents, amp has been pretty stagnant. it's weird because they use the coin as collateral for instant settlement, which is one of the best use cases i've heard for a native token (not every piece of blockchain tech needs its own token) and yet the price rarely moves. maybe some day we'll look back and laugh at how long we could buy amp for cheap? i dunno though. crappier coins have had bigger movement without this kind of actual use.
amp is not on kraken, so thats a no from me.
you tried paying your doctor in shib? lmao edit: what a hilarious story of bagholding doctors
like another redditor alluded to, ach is more centered in the east, while flexa, at least from what i know.
i'm bullish on both, but ach looks to have the overseas market on lock, while amp is doing big things in the states but has competition with cro. got bags of all 3, i think ach long term is super bullish, while amp could rip any day.
the total value of staked amp is the amount that flexa has for liquidity. larger companies require billions in liquidity every hour, such as walmart. if flexa wants to be able to service these businesses, they need to have plenty of liquidity, so the price of amp would need to go up. not sure about factors behind that; perhaps angel investors and large companies will begin holding bags. actually, it would be very beneficial for corporations to stake into flexa now that i think about it. they would earning interest on providing collateral for their own businesses. hope that helps answer your questions
based on what? your ignorance of the situation or what they even do? or just wahhh, mah tickers still the same
nice. thanks! i felt it a little odd that it wasn’t brought up at all in retrospect.
thanks for posting. i kept the title short and sweet. one serious (btc) one meme (doge). i left out a lot but it is nothing against those coins. also did not want to get auto removed for limited amount of posts for some of the smaller coins like shib.
waiting for that q4 2021 announcement. really hoping they deliver in 9days.
now would be a good time while it has momentum
it will be a nice christmas gift
if you have to ask your streets behind
[flexa's twitter post]( [flexa's website]( shows an image of a gamestop purchase (may have to be on a desktop to see it) [here]( is a short overview of flexa and amp, written by flexa's ceo, tyler spalding (edit: this explicitly states gamestop as an approved merchant) you could also download the spedn app on your phone and locate gamestop that way.
and most importantly they ain’t looking for a quick buck. wherever the money goes is well researched and that’s why it’s a buy and hold. lrc stabilizing above 2 was a great example of that.
you cannot talk about loopring here
they have over 1 billion in cash and a bunch of other shit. ryan cohen has had this shit planned for years, he knew the board of gme was fucking up so he bought up enough shares of gme to basically buy his job. because of his history and success with chewy he convinced the board to fire the old execs and let him execute his plan. he's making gamestop into today's version of what it used to be, i've read they are even gonna build their own pro gaming leagues, that is big big money and that is only 1 line of business.
thank you. that’s fair. i personally (my opinion doesn’t matter) don’t agree with the fact legit posts about cryptos get removed or “limited.” lrc is basically banned here lol
a few moons later.
they know none of us want to give up precious moons.
then booo to op.
it seems like it is been a really long corner.
there will always be a place in my heart for these stores. nothing like looking at and holding the item you want to purchase
my mom literally still does for my little brother.
shhh, the cult might hear you.
i did a lot of christmas shopping with them this year, most items were actually cheaper than amazon, but i think amazon still has them on shipping. i haven’t been into a physical store recently though, it was a mess before the whole saga started, i understand why it was getting shorted. gamers aren’t going anywhere, it seems like a poor decision to continue to fight them. i don’t fully understand nfts, but i imagine in the gaming spaces this could be a huge profit generator.
because it’s a terrible shitcoin
it's pretty much the same as giving them cash, i do not see what's the big deal. if they need the clash flow now they will convert all btc to usd. they could decide to hold as an investment but then they could have also converted the cash you gave them to btc. what's the difference?
that’s why these announcements are funny. everyone flipping out about how bullish this is, and i’m willing to bet that 99.9999% of people here would never ever consider spending their crypto at gamestop, or anywhere. this doesn’t even get into the tax implications of spending crypto in the us.
thats only because people will hodl it for eternity.
aww man that’s a shame for you. would have been a lovely payday!! get it :)
oh i did not know that.
this 1% fee is decentralized insurance for the merchant and the market as well.
the real fee is always in the spreads, that 1% merchant fee is red herring.
careful mate, you might get banned from cc for using the l word … 😳😳😳
loopring will be partnering with gme. just wait
does anyone know how flexa’s fees compare to loopring s new l2 fees? and can you use doge and shib on the new l2 wallet?
isn’t fiat a car company
harvesting tax losses while making purchases, big brain moves.
most people are prob going to be harvesting their tax loses buying stuff with doge
trick the system. buy stuff with losses only. tax deductions and games.
remember to include the sales tax in the cost basis when converting to purchasing fiat currency - if you report your tax gains- at least that is what i read in the tax subreddit. not financial advice - only stupid opinions here.
how do i find these “gains” you speak of?
just out of curiosity, how on earth would the tax office ever find out about a hypothetical gain if the money never comes back into a bank account. surely buying items with crypto is the equivalent to drug dealers paying in cash? lol
i was like, "but they are american". turns out they have quite a broad market for a dinosaur. a dinosaur pumped full of hot, glorious air!
crypto tax haven reporting for duty.
not if my doge is off the exchange. wallet 2 wallet for some funko pops? checkmate atheists...
with the erc-20 tokens which are intended to be used solely on ethereum's platform as a main net with private and anonymous rail erc20 transfers, using relayers. should be smarter though isnt just on ethereum blockchain alone, it ihas also been deployed on polyon and bsc.
so they have stats about people actually spending crypto.
>you cannot talk about lrc here better be careful why has it been put on the naughty list again?
one of the only in use . makes perfect fucking sense...
sad facts not sent here from another site btw
there are 745 sources over the last 5 months, googles your friend
“trust me bro”. they said they were announcing something in q4, everyone expects it to be lrc
i thought the point of crypto was that it was decentralized.
> flexa is a centralized service so much for "but it is not gambling, it is a real currency that is decentralized".
i would. bitcoin should be slapped by national laws to cut carbon emissions. all that crap about it using less than the banking sector is ridiculous as there are so many alternatives which do exactly the same as btc without externalising their costs on the environment. regulations are coming and btc will take a hit.
tell me you have no idea if the existence of the lightning network without telling me
imagine thinking a company accepting coins to get press is adoption. when people have incentive to actually use crypto that’s when we will see adoption.
because amp is the native erc-20 token on the flexa network.
it is 10k doge per minute, forever. that's the emission rate. the point is, with an ever increasing supply of doge, the percentage increase keeps getting lower and lower. doge has a lower inflation that the euro or usd right now. and simply by existing, doges tokenomics get better and better. if we just wait long enough, it is inflation rate will eventually approach 0% simply due to the existence of abundant doge.
> first off, inflation on doge is capped and actually declines year on year; how can something be capped and decreasing. which is it ?
it's not irrational. i'm sorry i think it is a bad project and you do not like that. and it is 10k per hour for as long as it is mined. so hey, maybe not forever then, you're right.
market cap is the only think you should be looking at sir not price per coin, that is meaningless
i think i'm with you. i'll take the doge over having to play those games.
i’m just having a search around now for options. cex don’t do crypto anymore for some reason (according to the app). there’s game which is slowly dying and their prices are terrible both ways. it would be great if there was a “cash converters” style shop to trade goods for crypto.
i hear you. i'm not misleading, btc and doge and many others are accepted. the subreddit has a limited amount of posts for each crypto so i picked two i figured wouldn't get auto removed. if the new people read through they will see all the different crypto accepted. as far as the title suggestions, sorry i chose one you do not like. it's not malicious, i assure you. again just saying crypto is vague, i wanted to keep it short sweet and crypto related with two crypto's from opposite opinion, btc and doge. sorry you do not like the title but it is what i went with, i'm only human and made a decision.
not only that, but the 40k income thing only applies to long-term capital gains (>1 year). someone smart can correct me if i'm wrong but if you just got into crypto this year for ex., you'll be taxed for selling assets held for less than 1 year, regardless of income.
damn it! luckily i have a binance account i’ve never used, hopefully it’s on there. but i really want more lrc too. time to do some juggling.
i updated my post with a link basically a canadian medical answering service bought a bunch of shibe and started accepting it for payments after falling for hype on twitter. they have since sold all their shibe at a loss and went on like a 20 hour attack calling it among other things a scam, an army of bots, and a rug pull. they’re also saying they’re suing the creator of shibe to reveal his identity. they’ve since deleted their tweets
flexa also has a multitude of patents. so nobody can copy what flexa (legally) operate in the usa.
rip like rest in peace or rip like take off?
lol. okay you condescending fucklehead. can you please provide news that shows any kind of progress towards what their goal is?
a lot of tuesday left. one more next week 🤞🏻
i wouldn't be too worried. even if there is no announcement after q4 it should not be much longer. it's not like the announcement is just going to thisappear. people cannot seriously expect that loopring hypes up a new announcement and is working hard behind the scenes just to scrap it. worst case scenario is the announcement bombs. either way we should be getting something. just trust the process and have some patience. you will be rewarded.
best to not rush these things.
2 dollars so far. lrc has just launched their counterfactual wallet which will help get rid of the gas fees burden.
lol you cannot actually believe this.
why not exactly...it is crypto and this is a crypto sub is it not?
they have a billion in cash but not from business operations but stock selling. also every single pro gaming league is bleeding money like no tomorrow, even league cannot get any profit from their own lcs and just treat it as a 100 million loss as marketing expense.
idk man i might for a new xbox after moons spike from being accepted.
so basically, no? just like everyone else hyping this announcement.
i mean, to be fair, nobody from loopring or gme has said there was any partnership in the works. people just followed a trail of breadcrumbs. it's not like the devs have been promising this partnership for years, they have not said shit and it is literally only been 2 months since the speculation started. we do know that loopring has an nft marketplace in the works, and the assumption is that gme is heavily involved, but it is still all just speculative. speculation backed with a lot of evidence, but still speculation.
the corner is a round table deal with it.
yea there’s definitely something nostalgic about it. i miss all the magic and baseball card type shops that used to be around when i was a kid. we’d spend hours there.
any examples on which items were cheaper?
why is it a terrible shitcoin, does it not have any utility like doge?
yeah all of this is great and i totally support it because more adoption = better...but...this is still the infancy phase of all this. walk? shee-it, we are barely starting to crawl.
yep, it is traded, but inherently it is not well-suited for peer-to-peer or even peer-to-merchant exchanges due to the fees involved. even with the new cf wallet it is still more costly to transfer lrc than it would be doge or xlm or even btc really. the intent of the token is to facilitate the creation of decentralized exchanges.
i can say that flexa is minimizing fees through economies of scale. and they post amp as collateral while the transaction completes so there is no price movement while the transaction completes. flexa is not paying gas fees to move ether for example, instead converting to fiat more like an exchange (that is my understanding at least). the cost of that transaction is the only overhead and the rest pays amp stakers for posting collateral. there is no labor overhead to cover for example. but what you said is very interesting and i'm going to do some research. users need to trust they are paying the correct amount of a currency. if it is any consolation, i pay the exact stable coin currency as my coffee costs in usd when i use the app at dunkin. this got longer than i anticipated. thanks for that angle, i'd not heard it before and i've been a member of r!
may i ask for an elaboration on red herring?
i honestly don’t think web3 will be possible without l2
can you explain like i’m 5 what the positives about it are?
so i was talking to my friend, kenny, while we were eating mayo sandwiches, and he says that gamestop is a dying brick and mortar store. he also said he downloaded battlefield 2042.
yah… let’s all “pretend” we have gains…
well i mean if you have a lot of doge and you really want to buy something small i do not see the problem in it! it may save you from having to go to an exchange make a swap, change it in to fiat (there goes two) and finally buying the product !
some cex may report tax form but this is where there is a practical truth and a technical truth. the practical truth is they will probably not notice (or care) because the irs% gain on a . the technical truth is if they do randomly decide to care or you get audited for some other reason, that will be one more item they will nail you on.
given that many people use a cex requiring kyc as a fiat on-ramp, it would be pretty trivial to track on a public blockchain. that said i have no idea what kind of forensics the irs employs for cryptocurrency. in any case, i do not think anyone should try to avoid taxes.
they would not if you do not use cex.
the same way tax authorities find people who cheat their taxes in all cash businesses. they obviously are not likely to notice people who do small time tax evasion, but when people start living way over their means (based on reported income) they start to ask uncomfortable questions.
no, because they realize that if they keep all their assets in crypto they can go bankrupt overnight via one meme tweet
they're deleting it again yes.
because the co-founder of reddit has a giant bag of matic, the lrc competition.
reddit. lrc is hurting the market share for matic. all this muzzling is probably going to help lööpers go to the sweet sweet lands of niiice gains.
i guess what they should have said is “proof”
they've announced it already today.
interesting take, everyone is going to hate it.
remind me! 10 years
i wouldn't say regulation would affect bitcoin. i think it will slowly be taken over by eth and layers on top of it (at least for actual use).
give me 4 hours to verify that for you
it is whether you like it or not. same as el salvador using it. don’t let good be the enemy of perfect. baby steps are important.
i started receiving amp rewards at 4% through my coinbase debit card. this news makes me even more happy i selected amp as my rewards. let’s go!! 📈📈📈📈📈📈🤑
but why would anyone want to choose to invest in it prior to it reaching inflation levels that are, at the very least, somewhat reasonable?
capped only implies a maximum, the actual rate could be anything less. but in the doge case, it would probably be more accurate to say the amount of introduced currency(maximum cap). however, as the total in existence increases, that fixed added supply represents a lower percentage of the total supply (lower inflation).
price and suppy dictates market cap, not the other way around. if market cap is all you're looking at, it is meaningless.
that battlefield is so thisappointing 😞 maybe i had to much hope
oh fuck, that is hilarious
awesome, that is just what crypto is for! a closed door system that one company controls!
rip like take off, and get iver that 10 cent mark. but who knows, i had a really good thiscussion about tax law concerning flexa last week on this reddit. really made me question a few things about the entire project.
rip like a big ol’ fart
look at their twitter. they have been doing 25 days of flexa all month and they have been announcing a new update or integration literally every day. or look at the spedn app and see how many merchants are already accepting it.
'amp has not done anything and seems like it would not'. i owe nothing to dumb fucking statements like that. thankfully someone else linked something for your lazy fucking ass. god forbid the day someone does not understand something, they simply ask a question about what a project may or not be doing. or even go so far as to fucking google the question instead of just throwing dipshit fucking comments out.
patience is not something many seem to have these days. i want it and i want it now generation.
especially not when billions of dollars in value rely in your service running nearly flawlessly.
happy to be proven wrong here. i’m all ears.
third quarter overview net sales were .297 billion for the quarter, compared to .005 billion in the prior year’s third quarter. sales attributable to new and expanded brand relationships, such as samsung, lg, razer, vizio and others, contributed to the company's growth in the quarter. inventory was .141 billion at the close of the quarter, compared to ’s third quarter, reflecting the company’s focus on front-loading investments in inventory to meet increased customer demand and mitigate supply chain issues. ended the period with cash and cash equivalents of .413 billion as well as no debt other than a .2 million low-interest, unsecured term loan associated with the french government’s response to covid-19. established new offices in seattle, washington and boston, massachusetts, which are technology hubs with established talent markets. secured a new , which closed in november just after the end of the third quarter, with improved liquidity and terms, including reduced borrowing costs, lighter covenants and additional flexibility.
yeah, one moon will buy me a ps5 soon
we are dealing with it for a long time but cannot do more it is so exciting.
it’s funny, many of my parent’s favorite stores are closing and are going online only. glad gme got a second life and is expanding to accept crypto. physical brick and mortar will always have a place. just need to balance it out (look at amazon expanding into bnm to expand their offering)
neither really have any use case. shib also has a max supply of 1 quadrillion lol
flexa powered by amp will be the new visa but **better**
this is the type of brilliancy i joined this sub for. thank you kind sir for educational understandable bite-sized content. want to award you but sorry too broke.
>i pay the exact stable coin currency what stable coin do you use? the credibility of the rest of your post rests squarely on your answer.
the easier it becomes to get involved the more it will be used
it's not supposed to be due to how the scaling works.
*call of duty: vantage
lol it may be dying in a brick and mortar aspect but can easily survive digitally and online
i was more making a joke about having no gains lol
most credit cards offer cash back nowadays. i would imagine using crypto is your most expensive option unless you truly do have gains
no i’m saying that’s why you would spend it. if you want institutions to accept crypto people need to show they’re willing to spend their crypto.
yeah, look at all these deleted comments. people claimed the same shit with banano, yet would never back it up.
what a coincidence, i have a giant bag of both :(
their wasn’t anything with gme, people are still waiting to see that.
no need for you to verify shit ya shitcoiner ngmi
you realise microsoft, steam, amazon, overstock etc used to accept crypto? plenty of places already have tried accepting crypto and it makes no difference. no one actually wants to spend crypto.
the increase in value may surpass the inflation rate, would be the investment thesis
price per coin means nothing dude. it's a marketing tactic to make you say "oh well if it hits a dollar i'll be rich" meanwhile you could put the same amount of money into a lower market cap coin and have better luck
> that battlefield is so thisappointing 😞 maybe i had to much hope i've played every battlefield title and i think i stopped getting hyped about new battlefield titles after bf3. i was pissed that they launched bf4 so soon after and did not bring all the bf3 maps with them. the whole two year turn around has killed it for me especially when it takes them six months after launch to fix the bugs that should have been addressed before it launched.
they've got an open sdk, and the entire transaction is decentralized. they have zero ability to block individual users or transactions. gamestop could certainly operate full nodes & wallets for every individual crypto out there, buy new pos systems, and train their staff & accountants on transactions for each. but it is much easier to just use a pre-built integration that already works and handles all crypto support seamlessly. it's really just a difference between flexa the company and flexa the network. it's more analogous to email being the protocol, but paying a centralized company to manage your servers & interfaces. flexa controls crypto no more than yahoo! controls email.
they just added support for a few stable coins. this is huge for this aspect.
are your feelings hurt? you want a kissy kiss on your booboo?
they’re literally waiting for a squeeze any day now that skyrockets the value of their shares to ,000,000 each and wipes out the us economy. there are posts, daily, asking rc to trigger the moass because they need money but don’t want to sell their shares. just go look at the sub.
ok, so where too from here? big news in the crypto world > censorship based upon bag holding...unbelievable.
that’s a lot but isn’t at least having a cap better than some alt coins that have no supply cap?
haven't they been saying that about xrp for the last 8 years. until i see a fucking visa dead and x in main street, s.t.f.u
i liked the answer, too, so they got an award.
i've paid with dai and currently use gusd
john goodman's mouth gape is terrifying
go ahead. post something about their counterfactual wallet launch.
impressive! there were like, 48 hours in the last 3 years you could have bought lrc and lost money.
same i have an "i love you text code" bag of lrc.
right but the "q4 announcement" was said by lrc not gme and has been delivered
if you’re unable to understand why this is a good thing that’s on you.
your advice is lacking any sort of nuance. market cap alone is as telling as price, by that i mean it does not tell you anything significant. sure, make comparisons, but it is literally price x supply. market cap does not dictate price action or performance. simply putting money into a low market cap security for "better luck" is senseless. if i sell a security for twice its price on low liquidity, the entire market cap would effectively double on that trade, yet there was no fundamental improvement.
yahoo is the only mail server? and they own all the patents on email?
yeesh, imagine being you, as a person. wouldn't be me
i think they are just mad because of how low you skew average human iq
i’ve seen the sub. the thesis is not as wild as you might think. the belief is that the stock has been severely overshorted and whether you or i like it, the numbers back it up and their hasn’t been any solid counter argument to thisprove it. i’ve invested in stocks for a long time... their argument is legit. will it go to crazy numbers? who knows, but interactive brokers chairman thomas petreffy said himself after january that the financial system came very close to collapse before the buy button was turned off in january on a series of stocks ... infinite short losses ... and gme being the focal point. that was due to dangerously high overshorting and a creation of a vast numbers of synthetic shares in an attempt to collapse the company. the recent gamestop report by the sec confirmed a lot of this info and had only bolstered the argument. the dd they do is interesting ... and very well researched and put together even if their is a perceived crazy side to the whole thing. it isn’t over by a long shot either. also the picture you paint of it isn’t really accurate either way.
honestly not really. 1 quadrillion is so high that shib would never hit any real numbers. i’m not sure of any other alts that have no cap, probably not worth buying if they have no cap.
flexa is fully regulated and there is an article they are providing the app for el salvador bank
thanks! glad your found the reply helpful!
john goodman is a legend 😎
> yeah, look at all these deleted comments. that's what i commented. also, what are they giving as the reason for deleting the posts?
no. they announced their new counterfactual wallet with fiat on-ramp (buy directly on l2). they did not announce a partnership with g m e for the rumored nft marketplace.
if you think this is a meaningful thing it just shows how new to crypto you are.
no actually market cap contains the price and the total available amount so it actually is factually better than just price alone, which again, is meaningless.
no, that is exactly my point! i suppose i am doing a lousy job of explaining it, because i was assuming you already had an understanding of how flexa works. i made this assumption because you were shitting on it, but i should have realized that you were only shitting on it without having a clue. yahoo is not the only mail server. just as flexa is not the only way to spend, not by a long shot. but nonetheless, yahoo is able to patent certain capabilities of their platform, any type of value-added proprietary features that they have uniquely developed. for example, yahoo owns a patent for identifying & linking social networking relationships directly in your inbox for contacts from your address book. that sort of thing. flexa allows the user to pay in any crypto of their choice, completely agnostic to the merchant. the consumer's crypto is then converted in a trustless, decentralized, fraud-proof manner to any asset of the merchant's choice (typically usd). the mechanisms for how the swap happens, and how amp is used as collateral for instant confirmations, are patented developments of flexa. but flexa does not own crypto and they are not the only crypto payment rail. ergo, like yahoo.
hmm, and that’s why you’re still here?
and yet here you are scratching at my door like an abandoned cat
the sec report did the exact opposite. i truly don’t get how people are reading it as bullish. there is a lot of dd that counters the moass theory, people just chose to ignore it. it’s hard to thisprove the theory, however, when the default argument is always “the numbers are self reported so they’re fake”. disproving that is literally impossible.
i suppose you and i just interpret those drs numbers from the quarterly report in very very different ways.
i see. doge has no cap i believe and i think shib burned half the supply so now there’s only 500 t in circulation. i think what shib is doing around the world is pretty cool. you should look into it more!
>, what are they giving as the reason for deleting th conspiracy theory is they either shorted the lrc or went long on polygon hence the post on poly. dont know i have no empirical evidence for either other than deleted post. its suspect none the less, but i'm ok with the mods doing what ever because lrc will do fine just with word of mouth alone.
actually, they said they were expecting to roll out their counterfactual wallet in q4 before end of 2021, shortly before or at the same time their premium partner announces their marketplace.
correct, i did not thisagree with that. "they said they were announcing something in q4, everyone expects it to be lrc" "they" (lrc) announced something, while stating more is to come.
i'm not sure if you misunderstood, price alone is not an accurate metric for measuring value, and neither is market cap. again it is just the same thing, but multiplied, (last price) x (supply). this is no way to guage value. here's the takeaway, market cap is about price, and like you said price means nothing. disclaimer: this is more true for crypto than, for example, comparing publicly traded securities in a similar sector.
>flexa allows the user to pay in any crypto of their choice, completely agnostic to the merchant i have the spedn app and used it. this is a lie. you pay with a flexa bar code. you cannot send the merchant dogecoin directly.
you really are daft. *i am not a cat*
i don’t know man… i’d just stick to crypto that isn’t a joke. i’m sure there’s money to be made with shib, but it’s not a crypto that i see lasting through a bear market.
idk bro, that theory's a bit of a reach imo, especially without some evidence. also, i can believe that there might be brigading or spam issues, the gme apes do not exactly have a great internet reputation. i think you're right about lrc tho in the long term, it is held really well.
your original comment implies you prefer coins with lower prices as if that made it better, and i'll saying it does not. so what is the to misunderstand? price alone means nothing, and i never said it does. one sentence you're saying market cap is price and supply and the next your saying it is about just price so you're not consistent.
you deposit any crypto of your choice in the spedn app. then click gamestop and it generates a flexa bar code. gamestop does not care what crypto is behind it. they do not care what future cryptos are added to the spedn app. this is what agnostic means. they are getting paid in usd either way. flexa can add support for some random fhgjqjhqjh coin to the spedn app for users to deposit and pay with. gamestop does not need to care about what fhgjqjhqjh coin does or what it is. they'll be accepting it automatically, and still being paid in usd. it's an umbrella solution for merchants to accept payments in any cryptos, past present or future, without having to keep up with it or care.
still scratching. hoping i’ll open the door.
you literally created your account to shill gme, so…...?
and still governments didn’t do anything, like totally nothing about it.
"it's a big club and you am not in it."
remember, they. yet we are the problem for trying to getaway from this corruption
the only people that can get rid of tax fraud and money laundering are the people that are committing tax fraud and money laundering. it’s like asking a police officer to arrest himself, it ain’t gonna happen.
*politics is the art of making your selfish desires seem like the national interest.* -thomas sowell
sad cuz no government did anything about it, just like when edward snowden leaked documents on the us government and the nsa spying on people part of the five eyes coalition. nothing will ever get done until we collectively fight the system and stop fighting each other it is not you vs me, it is us vs them.
how are we supposed to expect these issues to be solved when the lawmakers are in bed with the offshore hoarders?
*the worst thisease in the world today is corruption. and there is a cure: transparency.* - bono blockchain tech provides this transparency.
those with power, generally speaking, are mostly interested in expanding their power.
come on, what do you even expect the government to do? it's a fact that they go after the common class and ignore the rich because they can defend themselves with money. we're already in this situation where being rich you only get richer and being poor, you're only getting poorer. as the lower class you have to deal with getting less and less value from your pay every time the inflation increases, whereas the rich can even avoid taxes without anyone coming after them. what do you expect? people let things get to this point by undervaluing themselves like idiots, and acception that whatever the government does is fine. just look at what age you have to retire compared to what age politicians may retire. the government would not do anything as long as people accept those things. and why would they? they're only becoming richer, so everything works out for them. meanwhile, you cannot even voice your opinion. people will jump at you and shut you up saying you know nothing, not then realizing that they are hurting themselves too with that ignorance. from my experience, this will likely get downvoted. people do not like hearing the truth, but whatever. i'm starting to not care anymore about all this political crap, and likely many other are starting to feel the same when they get the same experience. the rich are getting what they wanted and the poor masses of sheeps are getting what they are accepting. oh well... in the end nothing really matters... we're gonna die one day and all this will have no importance at that point. you cannot take to the grave the money you make regardless.
ah the uk's such a shitehole of corruption its not even funny. financial crime as a service, for completely incalculable quantities of money, and we cant even get a few million spent stopping schoolchildren starving. if thats not peak and complete societal failure idk what is. cryptocurrency isnt the perfect solution to any of this, a govt thats not just a plutocratic sham of about 4 media oligarchs and handful of bankers ([lol queencoin]( again again yay) together pretending to be a "democracy" is the solution. however, cryptocurrency actually exists while the uk ever getting its shit together is never gunna happen. in a global community and global trustless financial system we can find strength against the corruption stemming from the lie that our people as a "nation" are somehow united together against the world. no. our leaders are united together against us all, they just have more in common with each other. we need trustless systems. anyway hope your car does not randomly combust op.
politicians are bunch of hypocritical fucks, they don’t give a damn about us
for a second, i thought, "two months? that shit happened, like, 5 years ago," but then i realized that was the *panama* papers. just, you know, another massive fucking leak about rich people hoarding enough money to rival the gdp of the u.s. or china. silly me.
panama papers should have told you that was already going to happen history repeats itself wild
and ppl still believe democrats and republicans care about you lol
so with crypto is this information wouldn't be able to be exposed in the first place??? i do not get the point crypto makes this kind of behavior easier not harder.
i mean, what did the pandora papers show us that we did not already learn from the panama papers?
the problem was never tax evasion, the problem is you, pleb, having a shot
they did not do anything about the panama and other papers. why did you think this would be different? this really was not any kind of revelation. as far as crypto goes, crypto is like a hundred years behind everything else (as far as regulation goes). there's already lots of laws about shell corps and taxes and people still do shady shit. crypto scams are everywhere and might be easier. so basically, those billionaires are pros at being unethical. influencers pushing coins.
every government is corrupt. i just wish the ppl held all of them accountable
what are us lowly plebs supposed to do? actually try to start an investigation and get epsteined? have you seen what they are doing to leakers and journalists? are we really surprised with the level of zero accountability going on with the elite.
tax evasion = illegal tax minimization = highly sought after by everyone
thanks for the reminder about this pandora papers, totally forgotten about it. crypto is here for us to gradually get back out fundamental rights and weed out corrupt leaders. once again, thanks for spreading the awareness. we must fight so that all may be free.
the rich will never face consequences of their actions. the pandora papers were released to thistract the masses for a small amount of time but jack shit is going to be done.
the politicians are exactly the ones who engage in these practices, so yeah, i’m not surprised when they villainize the system that has a chance of deconstructing their corrupt bs.
all the retail crypto investors are not using their money to lobby corrupt as fuck goverment officials.
the pandora papers were just to see if anyone cared about the money laundering. turns out the average idiot, er citizen, still thinks one day they’ll be the money hoarding tax evading cunt so they actually idolize the vile behavior. all of the dark money laws were created internationally, and upheld internationally. if you read “hidden wealth of nations,” you can see the timeline of post ww2 accounting of the western world’s finances. wealthy from all countries didn’t want to help fund the rebuild and nations like switzerland and later ireland used that opportunity to create dark banking laws. the ways wealthy hide money aren’t crafty loopholes, they’re the way the system was designed.
nearly everyone in power is dirty and they all work together to screw rest of the population. humans suck.
here in australia: crypto bad!...also australia government: we gona tax that
our goal is not to destabilise our governments though. i want to remove the power and influence of the greedy banks. i do not want to pay for financial services that crypto has the potential to offer at an absolutely minimal or free cost. i still want to pay my taxes and contribute to society.
to be fair, they are probably holding crypto assets too.
this stuff baffles me. i dont know why we, as a society, do not hold these people accountable, but just accept it. how is this not upsetting people? how are there no protests? the fraud is clear and the evidence is in our hands. and yet. is it because we want to be like them?
the consequences of actually punishing those responsible and the complications do rethistributing the wealth make it easier for the media to convince the general public to ignore, move on or, better yet, choose a scapegoat. they will get away with it due to the scope and longevity of the crime itself. to paraphrase jameson - it's easier to imagine the end of the world than it is to imagine the end of (conventional fiat) capitalism.
what do you expect them to do? the doj has started an investigation. no indictment for white collar crime comes that fast.
the only thing that ever came from this leak was the journalist mysteriously dying in a car bomb... 🙄
so happy that you compiled all of the fud and put it in one, nice, convenient place for everyone to read it. i did read your points and thought they are very good and well thought out...tho i feel you are preaching to the choir.
didn't the politicians agree on a unified corporate tax?
>that the people in charge cannot, and should not, be trusted. sad but true. they just work for themselves and big donors and it is in brother's interest that anything come of these leaks.
it pisses me off how tptb keep making up these false narratives about crypto. >it's destroying the planet, it is only for criminals, it supports child labour!!1! hypocrites and crooks, everyone knows how much fuckery goes on with the traditional system. i guess "bitcoin bad, uses too much powaah" is easier for the average joe to have an opinion on. most people that have a negative opinion on pow, and "crypto crime" do not know much about crypto *or* money in general, and so it becomes hard to change their opinion. the last few people i thiscussed movies, or the financial situation. yet everyone seems eager to talk about bitcoin's power consumption. pretty weird and annoying how the media worms itself into people's brains by framing stuff in a certain way...
it’s crazy to be living through the same times just different dates.
maybe you're forgetting the guys making the rules are same guys hiding the money.
the only **bad guy** here is are the politicians who suck up to the rich.
i wanted to vent something about rich and society still ruled by feudal families, but its fucking pointless.
yeah. also, from 2020 stats, crypto accounts for only 0.34% of money involved. this [article]( was also a good read. edit : deleted first comment since it had an amp link and posting without it now
i'm pretty sure at this point that earth itself is a gigantic timeshare complex and all these rich people went thru the timeshare free breakfast from south park except in space
roll clock back replace pandora with panama.
the hypothesis you're presenting is not accurate. you're failing to recognize the impact of "*institutional capture"*, or phrased another way, the ability of major institutions to capture and control the crypto market in ways beyond your perception. much like how stocks are held mostly by a small portion of the population, "crypto whales" exist as well, having the ability to single-handedly impact crypto prices over night. they're actively betting against shorts, via dashboard insights (think zillow, but for crypto, and only visible to the institutions) which is why we regularly see these enormous market against calls and puts; it is rich people betting against rich people via crypto. decentralization makes sense, but only if there is adoption. crypto's biggest problem is that it is so fractured. imagine the hellscape that would become the world if every industry and market on earth used different currencies. want to buy dairy products? you'll need to swap for cowcoin. need your car fixed? you'll need to swap for auto coin. auto holders not interested in cowcoin? whelp, guess you'll need to "wash" your currency via swaps with trading fees. i'm all for decentralizing away **from a national currency**, but i'm also extremely aware of the nightmare that is **fractured currency**. if you're not sure what that looks like, go download a mobile game. see how much you enjoy having to wield 14 different types of tokens to advance. while the blockchain ledger provides some degree of transparency, transparency does not prevent scamming of any kind. google "crypto scammers" and see all the evidence you need. you can track wallets, you can track transactions, you can track transfers, but there are even less means of regulatory enforcement in crypto than there are in finance. if you get scammed via your bank account, they have insurances to help protect the consumer; there are zero consumer protections for crypto.
>“the trouble with writing fiction is that it has to make sense, whereas real life doesn’t" iain m. banks
so basically you’re saying when we become rich and powerful we should put everything in offshore accounts to avoid paying taxes🤔
tl;dr they are doing what they have always done and what we've known about since the beginning of time.
this is only like 1% of what really goes on with corruption that we know about. whats scary, is the other 99% of shady stuff going on that we will never kno about...
as usual with whistleblowers. nothing happens. well, maybe the leakers die.
there's been a big amount of different papers that revealed a bunch of rich people hiding their taxes. unfortunately almost nothing ever comes out of them.
i like the bot's auto response that this post looks like it is about taxes and the varying tax laws between the different countries directly involved. i think taxes are at the heart of it all. the governments are against crypto for various reasons. the biggest one is the lack of control. the second reason may be their inability to tax it. the biggest complaint they have been pushing since day one was that this is a currency that bad people will use to make illegal and untraceable transactions to buy drugs, guns and weapons of mass destruction. then this story breaks and low and behold look at what these rich and powerful politicians and celebrities are doing? these hypocrites who campaign for higher taxes are hiding their own money in attempt to avoid them.
that’s why we will slowly strip away every ounce of a conceivable perspective that any human is better than any human, this is what happens when you let like “3 people” control the way monetary policy functions for literal thousands to millions. humans be stupid, but were smarter together, to bad someone always wants to be on top and we can’t achieve a constant state of chill.
"and what have the governments done? nothing" is such a recurring theme already...
scream it loud and proud! the revolution is here.
fascinating read. thanks for sharing op :)
both can be true.
they all saw a 9x increase in wealth by transfering their cash for two hours just as we hit the last financial crash. thats half a blip on the graphs. not even visible. i just happened to be analysing the rates after moving abroad. everything since has been an excuse. the have a hell of a lot to answer for.
things of this nature will occur until blockchain technology is more widely implemented, another reason they hate cryptocurrency and underlying technology.
the article also fingers capital one for being complicit with money laundering for organized crime, lol
lmao is anyone surprised by this? do you even remember the panama papers? literally same thing and i think only a prime minister and maybe a few others resigned from their positions. everyone already knows what’s going on.
rule tax evasion not allowed... ya we are not allowed to learn how the rich do it. we have to stay poor and pay a shit ton of taxes... makes a lot of sense.
the panama and pandora papers were most likely official leaks timed to obtain certain foreign policy goals. if you looked at how they were used, it was as leverage or to create propaganda that in one way or another supported us foreign policy. notice that neither, especially the pandora papers, said anything very negative about us elites, but demonized those of especially russia and governments the us is trying to get leverage over that have not taken a strong side with the us against china. the icij that is basically the official publisher of the pandora papers is like a ripoff parody of wikileaks that postures as independent but is funded by multiple cia connected groups like the open society and ford foundations.
goddamnt shakira. those hips do lie.
why politicians are so dumb !
if you think the rich aren’t hiding billions in crypto too then i have ocean front property in kansas to sell you. if one makes you mad and the other doesn’t, it’s not the hiding money that angers you but that you can’t do it too.
we need a revolution. a revolution of our time.
i feel like at this point, governments should stop this charade of collecting taxes. most governments just print money anyways for their budget and use taxes to pay down their debt. it's such a farce because most of the time, the middle class and the poor take the brunt of all this taxation while the ultra wealthy can get away not paying taxes. if we want true pragmatical equality, just stop taxes altogether.
the rich get richer and the poor...stay poor. well written by the way.
every rich person uses things like this, only way we can do anything is by mentioning it and keeping it in the spotlight. if the media wants to throw crypto under the bus, we gotta be louder
it is really sad that the people listed in the pandora papers control the media whether it is paper or electronic... they can hide the pandora papers by pumping out a lot of "big news" to hide the pandora papers. thanks op for bringing up pandora papers again! this needs more visibility!
well guess who’s paying those politicians to attack crypto…
at what point did you expect turkeys to vote for christmas? smh
the gov't is complicit, they do not care. why would they? lets say the republicans win 2022 and 2024 because they rigged voting laws, corporate dems do not care, they will be making millions anyway. its only going to get worse for the working class.
damn, i thought the governments look after its people and everyone in the same boat, holy oleo!
it's not as if you wouldn't be able to hide untaxed money in cryptocurrency either. they're unrelated issues.
tbh i think they will mostly stay untouched
they have to point the finger at someone else when something like this is unearthed. day by day, i see why i am investing into crypto.
because lots of those rich and powerful people hoarding billions are politicians.
history repeats itself: panama —> parathise —> pandora no brainer as to who the **real bad guy** here
corruption and manipulation, these are the real problem of our society!
stupid to think some of these same millionaires aint whales for some of the crypto...
the latest infrastructure bill included provisions for hiring an additional 87,000 irs agents.
oh yeah the czech prime minister , also known as slovakian stb agent ( old secret agency same as kgb,cia, etc ... ).he is also known for not paying taxes in many,many countries ... oh yeah , crypto is baaaad , money is goood
here's a small overview over some of the revelations in the pandora papers: [ one has to wonder, if there is no tax avoidance to hide then why: * all the secrecy and refusal to comment * all the offshore companies used it certainly seems that the worlds rich (with ethical) prefer to use expensive and corrupt law firms and setting up companies in tax havens using fiat money for now.
can't have peasants making money
this should not surprise anyone... do not expect them to look into their own dirty laundries
the fact that now so many bankers and politicians are coming out against crypto is the single most bullish thing i can think of, that means it’s working
shakiras hips don’t lie but her tax documents do
shh. just stack and hold. don’t be a violent flopping fish in the sea. just carry on.
politicians and banks are the real culprits!
sometimes i read extracts to just shock myself. the worst part is these don’t seem to be public knowledge or covered comprehensively in the media.
i want to know how there were no us politicians in this massive collection of tax cheats. surely they are using the same methods and tax havens as thise exposed in these papers...
i hate rich people 😒
crypto is here for us to gradually get back out fundamental rights and weed out corrupt leaders.
instead of addressing the obvious fraud… everyone just wants to cry about the president and fight about covid.
some private coins and tech will obliterate these mfers. for example: . it's got everything smart contracts, nfts, dexs, amms. once fiat dies only the ones early to the race here will have an edge in a new world of finance.
sorry for pointing this out, but while i really agree that this scandal is a shame and that crypto is definitively here to stay, i find your antistablishment argumentation sloppy and quite rough
pfft amateurs. only if they used monero
here's to hoping this pandora paper's leak leads to the fall of capitalism .
the untouchables i call them...
we can acknowledge both. no need to only choose one to care about
politicians are the people with off shore accounts. they are balls deep in the know and money. they will not touch their benefactors under any circumstances.
posts like this need more publicity.
news will always sim for crypto because the lobby is.too.huge to talk bad about them. i thing young generation already understand this
*quickly fomos into pandora coin...*
governments wont do anything about it since they benefit from the shady fiat money shuffling. they blame crypto since they cannot have us poors on a level playing field.
rich people have money. money buys politicians. how did you think this would play out?
it’s been years since the panama papers dropped and the only thing that happened from that was the person who exposed the crime was murdered.
and almost nothing changed, which is very sad
that’s why i go to a place with lower tax rates. not interested into paying taxes to my government 😃
i even moved my moons to a hidden offshore account to avoid taxes.
they are going to attack crypto very hard. be prepared for the leftist propaganda machine to start attacking it big time. be prepared to fight and spread truth in the face of mass amounts of propaganda. the authoritarians and commies realize that they have a big issue when it comes to decentralized currency. especially crypto that accomplishes what the gold standard was meant to before it was abolished. people need to wake up and stop voting tyrants like biden in. now we have corrupt pieces of garbage like hillary clinton speaking out about crypto. “bu bu but. how will i manipulate markets and destroy the american economy when crypto exists?” we need to be worried about this as well as domestic enemies shutting down the power grid. which by the way was what the “world economic forum” predicted would happen this year. yes, the same “world economic forum” that predicted a covid pandemic years before it happened.
thank you for bringing attention to this
we are trying to overthrow their power. no one said it would be fair or easy.
the corruption will not end until we force them out.
what are you going to do about it? vote? hahahahaha
remember the insider trading during the last election. guess who won and guess who suffered? i'll give you a clue - it is the corrupt rule makers who won and the people who lost. just like politicians who vote for raises for themselves again and again and nothing for the people. this is the fall of rome.
thankfully, if crypto gets to a point where pretty much all of us hold some, they will have zero choice if we start paying each other with it. fuck the government and all these corrupt pieces of shit.
this was well written
who can i pay here to create a public message such as this one to have share all around the web,
elites just making people fight against one another
just goes to show the power of the elite and the power of the media. the rich can get away with pretty much anything as long as they are protected.
i'm glad this type of post is continuing to be posted as we can never forget what these hypocrites have done. if you're rich, it seems you're immune from prosecution but when the average person tries to provide for themselves, they are taxed mercilessly and have no way in which to avoid taxes like the rich and powerful.
why do people say “you can’t make this up”? you can make up anything. people made up star wars.
apples and pears my friend
they will always find a way the system is rigged
ok? would you like them to store it in some stable coin instead.
yeah what do you expect... all the retail crypto investors are not using their money to lobby corrupt as fuck goverment officials.
it would be surprising if this wasn’t the case…
gosh darn this makes me angry
super bad politicians calling crypto the bad guy…...irony
someone from this sub volunteer to run and we shall support
it's not as if you wouldn't be able to hide untaxed money in cryptocurrency either.
politicians will not do anything to rich peoples because they are getting money from them for their party expenses. rich peoples hold powers to manipulate things in politics which is really bad.
nothing operates in a vaccuum ... you dont know what you control if you cant be bothered to learn how anything works or have any imagination to suppose anything different. people are occupied doing jobs that are far below what the human brain evolved to do and thats made a lot of people thinkthat when they hit a certain age they cant understand new things. that needs to change... the internet was supposed to make people more informed not more deluded
panama papers, pandora papers...those who've had power and clearly fucked us over still retain their power and wealth.
yet we have had people on this sub here saying you should pay taxes on your few thousand dollars worth of crypto.
>almost two months since the panama papers didnt this shit come out for the first time years ago and someone ended up dead for whistleblowing. the panama papers come out every year i swear
cool, explain tether to me then and how they would not let anyone audit them.
hey you know what fuck taxes. if i could avoid that shit too i would and so would all of you.
its just hideous! they will do anything to cover their own asses!
also, with crypto every transaction is public and lasts forever on the blockchain. this has always been a nightmare for politicians.
taking the money from poor and giving it to rich fucks!!
the interesting thing is that there is a dearth of us exposure here since mostly all the tax avoidance and corruption is 100% legal here.
crypto will make a huge difference!!
that's why heads need to be cut off. police to thisband themselves and stop protecting the criminals. laws ≠justice
too many "regular people" have the potential to become truly wealthy using crypto, and become more free from the traditional financial institutions. of course they will vilify that. they never want that to happen.
doesn't crypto make tax evasion easier? lol
nice job op :)
*the secret ingredient is...* crime
this is so sad, despacito play country roads.
how they addressed if they are also involved in frauds
didn't you know, this was very very difficult to do before crypto? it's all cryptos fault. satoshi is really just the elite billionaires who wanted to hide their money to avoid paying it back to the company that owns it... the fed. that's at least what they pretend to believe.
honest question; what is to stop these already wealthy groups, who are key to centralised financials, from buying the vast majority of available crypto and leveraging that ownership into an unregulated system that would becomes centralised by default in their favour?
wow i did not know any of this that’s unreal!
bro this subreddit is mostly composed by libertarians, why would we care about ppl paying less taxes? we encourage them!
this tells you everything you need to know about the politicians that claim to be fighting for the average joe.
i wouldn’t worry about it too much. the usa is collapsing before our eyes, and the politicians are trying to hoard for themselves as much money as possible before it really hits the fan. probably a good time to take out tons of loans, as there will be soon no one to collect on them. give it ten years max.
and this shows we will never solve the climate crisis. it is sad but it is true
the "pandora papers" people are paying the politicians what to preach
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quickly to the front page with you!
look at the timing of announcing omicron and the jeffrey epstein . mutiple presidents, politicians, and elites implicated. the judge is up for a promotion too. cant make that shit up.
huge story. amazing collaboration between these journalist. the oligarchs are destroying us press and the only way we will get huge stories like this out will be independent collaborations like this. bravo.
wow just wow and that’s also happened in 2008 when wall street fucked up the housing market on purpose to fill their bank accounts. destroyed alot of hard working ordinary peoples lives and no one went to jail except they got more money from the feds to bail them out. 😡🥴😡🤷‍♂️
that’s literally one of the explicit and few use cases cryptocurrency has. and it’s been used by the chinese for this exact purpose since crypto’s inception. the difference is with traditional banking it’s simply harder because of regulation and you’re more likely to get caught. which makes it riskier. with cryptocurrency it’s easy. so it makes complete sense governments are coming after crypto. it’s unregulated and what’s more, they already have banks under their thumb so… seriously, where else would they go? lol
i mean they got caught cause theyre shit at what they wanted to do. just use monero innit
stop voting for the party that continues to prioritize corporations and money over people.
nancy pelosi is the worst violator…
nothing will ever come of it. look how nothing ever came of any of the lies the democrats told the last five years. they only indict low level people. never the big cheeses they run free forever, to cause more ruin.
this is "whataboutism" though. crypto can be bad (ie: the environment) and the rich. the two are mutually exclusive. this post just sounds like you're waving away the crypto negatives, or at least trying to show that they pale in comparison to the rich avoiding taxes quite frankly i care more about having moderately priced gpus and an ozone layer more than i care about shakira avoiding taxes in a "nominally legal" way
why is this being posted again?
keep complaining in reddit.
the media is now part of the government complex, at least here in the us. so many in government that are worth multi millions that got there making a salary of . you do not and would not see any reporting on this. they are busy manipulating the citizenry to think the way they are supposed to think.
this simply proves all tax laws are onerous and need to be fixed. governments are bloated evil entities that have been fatted like calves and need to be reduced. this wouldn’t happen if governments felt they deserved a cut of absolutely everything everyone earned and owned every year.
remember how this exhaustive report didn’t list a single us politician? and they wanted it taken seriously 😂
didn’t you have the exact same post like 2 days ago?
what crypto offers to stop such behavior?
pbs' legendary documentary show frontline has started uncovering the massive pandora papers revelation. [ i wish it was longer; one of the remaining finest journalism out there.
there's no punishment for crimes for the rich, they just have to pay the fines...
how many times are we going to do this post lol
true, but this is still a decent amount of whataboutsim
politicians give their buddies a pass whole others will feel the wrath of the tax man . taxes make things work, so everyone needs to pay them …
sure those people are far too rich to be considered criminal. they're only protecting their wealth for their future generations... totally understandable 😛😛😛😛
was not there an identical post to this on here yesterady?
while these banks have enabled [trillions]( in tax evasion, politicians in the us have passed new laws against crypto, that make it more and more cumbersome to use. did you know that starting in 2023, [if you receive over , you'll have to get the sender's ssn, address, dob, occupation etc. and report that to the irs within 15 days]( not doing so is a felony. did you know that starting in 2023, [exchanges will report any transfer of crypto to a non-broker? e.g. transfers to your wallet]( to someone else's wallet, to businesses and so on.
crypto tech will destroy western globalist capitalist imperialism and the dollar's hegemony. as a socialist tankie, i'm all for cryptos.
for a quirky illustration of how this whole system works (and affects regular people) i recommend the laundromat (2019) by steven soderbergh
do not bank on government, crypto is for the people
if all finance were crypto-based and the tax was a (very small) part of each transaction, there would be no possibility of tax avoidance or any need to have wasteful government agencies set up to collect taxes. no loopholes, and none of this tax haven garbage would need to be dealt with. governments would be much more efficient and the 99% wouldn't have to deal with constantly tightening austerity measures.
r’t care about that ![gif](emoteemo_pack_1im_fine)
the rich gets away with so many things but if a middle or lower income people try to do stuff like this they are probably gonna end up in jail
the government would not do anything to them as they are doing the same shit.
how many times we gonna see this post?
they control the media and can create whatever narratives they want
who gives a fuck? the panama papers came out years ago, revealing that everyone with wealth and power were storing money overseas to cheat their way out of taxes. nobody fuckin blinked, even seeing names of nice friendly people they liked. now the pandora papers are out, as if this is "the final nail." and once again, silence. nobody gives a fuck. it is all a scam. just tell the people you love that you love them, and try to live a modest honest life. do not bother picking up a weapon for anyone else's war. everyone wants you on their team.
politicians are the first to have money offshore, of course they blame crypto
the same have probably billions in crypto too.
yeah, i have crypto too, but let us not pretend that pseudonymous decentralized currency cannot be easily used for money laundering and tax evasion.
thy are doing what they are paid to do...
oh wow, this thread again. grats on the moons.
what they did is legal so what should they do? watch this video:
well, that‘s what capitalism does. it breeds corruption and it lets powerful and rich people (which under capitalism tend to be the same people) get away with it. controversial take in this subreddit, but only a planned economy will fix this issue. capitalism will eat humanity alive if it isn’t stopped soon. also this is a political post, so yes, i‘m gonna reply with a political comment.
both things can be bad at the same time, they are not mutually exclusive. this is a very odd way to defend crypto.
politicians will say what their employers tell them to say. how do you think you get elected? with a good idea and personality?
the government just knows that they cannot really do much so they take aim at the lower hanging fruit.
across all types of media, how many more times do we need to hear, "you cannot make this up?"
i honestly don’t fault anyone for avoiding government eyes or not paying taxes.
let them have it their way. eventually crypto will reign supreme and we will be the whales!
and those same people will rush to crypto soon if btc goes parabolic
the 99% doesn’t care about us
haven't i seen this post before?
also panama papers nothing ever happened but hey you moving !
the panama papers showed the same shit years ago. why on earth would you think anyone would care this time?
there is a club and we are not in it.
power corrupts; absolute power corrupts absolutely. i know it is a dog eat dog world but when you see the very people that are elected to prevent tax evasion doing the tax evasion is just insane. it is across the globe not in any particular country.
politicians don’t care about us
we don’t need to make it up. this is how the rich stay rich.
let's face it. doesnt matter if you lean right, left, centre or spin in circles. or if you're white, black, blue or inside out. politicians do not give a fuck. they will do the bare minimum to keep their elected power and ignore the real issues such as health care, gun control, and wealth tax because of that sweet anonymous donor money. the whole system is scam.
well duh, politicians own the offshore accounts
which is why you should support me as crypto king. together, under me, i can accomplish so much. jk but for real, thank you for sharing op
i mean both are bad. just for different reasons.
why do so many people say 'you cant make this up'? yes, you can. anyone can make up *anything*. that aside, what did you expect would happen? they own the world
i sincerely wish more people knew, and cared, about this
paging michael lewis. i need a book on this shit
what a very insightful post about crypto!
the rules are for thee, not for me…duh
i could make it up
if crypto is a useful way to hoard wealth then the rich and powerful will use it to hoard wealth. except instead of the government and investigators being able to track it, nobody will have any idea where it is gone and these plutocratic assholes will contribute *nothing* to the society they leech off of. the starry-eyed credulity of the bois in this sub is mindboggling. putting the control of the money supply into private hands will benefit plutocrats and entrenched powerful interests. the rest of us will be **fucked**. it seems the people here either think we're heading for some kind of defi egalitarian future, or they think they are 'early adopters' and will therefore be in the plutocratic club when fiat currency turns into zimbabwe or something. both of these are delusions.
govt is like nothing is happening
i thought this happened like 15 years ago and they called them the panama papers???
same happened with panama papers. what do you expect? for rich people to just go "oops teehee, here's 3.7 trillion back".
i tried to post something regarding a connection to mcafee and it got taken down.
that was only two months ago?
that 's golden age being hoarded by 1% of the population in order to ensure the survival of their bloodlines and influence in whatever hellish future awaits us.
i'm pretty sure rich people have infiltrated crypto as well. it's not some big secret.
every new idea is a bad idea until it’s corrupt. literally.
eat the rich and fuck the governments! they aint doin shit and most def not enough.
also related...the 2016 "panama papers" scandal.
if we did not do anything in 2008, i think it was made pretty clear that some tax brackets are untouchable
crypto isn’t perfect by any means but it threatens the powers that be and that scares them. it’s not about stopping crime or money laundering a lot of those politicians are engaged in that very thing. btc from its very start is build to take power from banks and governments, naturally they would vilify it
the world is a corrupted shit hole. its amazing the whole system hasnt come crashing down yet
they'd rather make a big public spectacle about something unrelated to their own personal corruption - rather than demanding that they themselves be punished? shocking... =p
i’m bot sure you can claim this is fraud. the devil is in the detail but offshore accounts aren’t illegal. i also think society and establishment know this is how the wealthy hold their assets safe from high taxation so it wasn’t a surprise to most.
it’s a cabal of elite wannabe nobles intentionally oppressing the masses. we need a new magna carta for citizens
they use crypto as the boogeyman because most people don’t understand it. meanwhile the ruling class does whatever they like with fiat.
this kind of topics is becoming more and more annoying everyday, please find new arguments to farm moons. every week there topics about the evil banks, the evil governments which do nothing against evil banks (surprise surprise!), that crypto is seen as the bad while the bad lies in the banks and so on. give it a break!
i get so angry about this pandora papers. govs are doing nothing. they all should be in jail by now.
ayo! my country is in the list 😎
easy, give to peaple new variant, forget about pandora
unfortunately, cryptocurrencies will only exacerbate this problem. it's too easy to manipulate crypto prices with large sums of money, and fairly easy to hide. the solution? no idea. i'm just a nay sayer. would more regulation help or hinder adoption, and would regulation make it more difficult for billionaires to hide their money? only time (and active participation by individuals like those within communities like
when you start an investigation on international money laundering and tax evasions, you're not gonna arrest or indict all those involved immediately. we're talking about *billionaires* here. if you're gonna accuse them of something, you need to takes months. this shit takes time. stuff did happens after the panama papers, not enough i agree, but something at least. also, that politicians are painting crypto as the bad guy? are you high? the people related to or acting on the pandora papers give next to 0 fucks about the crypto part of it. turns out shady ass rich people have most of their assets in fiat or other physical holdings.
where can i find those papers? i need to check if my name's in there/.
the problem here is that climate change caused by crypto energy consumption puts offshore tax havens at risk of going underwater.
i use my ledger to hide my wealth
where can i download and read the pandora papers? i cannot seem to find it online?
the politicians don’t work for us
>hoarding billions of dollars in offshare tax havens curiously, crypto would help with this, right? i mean, you wouldn't need tax haven countries if you can just hold btc to avoid paying taxes
why is everyone so shocked? lmao
it takes time to juristically work up all this shit. years probably. i think it was not long ago, where i read about court cases beeing made for the last leak of this sort...forgot the name. wasn't too different from pandora papers. so things _do_ happen. but they happen very slowly. where i am we have a saying that would translate to something like "authorities mills grind slowly".
\*panama papers has entered the chat\*
its been even longer since the panama papers
the truth will be known, writ large, and when it is, it will be glorious. right now, you have do dyor to connect the dots which is exactly what msm is thiscouraging. their message is a resounding "do not think for yourself, let us do that for you."
i tend to be doubtful a world in which criminals can do whatever the hell they want but so can everyone else, is exactly what we want. but maybe the world does not need my version of ''order''. what is order and law if not another agreement upon which people place value? the future gives me a certain cowboy bebop sort of vibe.
someone should put all this info into an extremely expensive nft, if people want to see the info less visible they’d have to buy it.
you can make it up, but you're probably still going to get sued for a copyright infringement or something like that.
why would they expose themselves?
government decided to follow the literal meaning of pandora box should never be opened
from matt stoller's recent piece, "cryptocurrencies: a necessary scam?" a brief excerpt: "there is a wide variety of ‘tools’ in the crypto world, like nfts, smart contracts, and global computing systems, but they don’t work, and none of them have any use cases except speculation and money-laundering, and even in their idealized form they have no use cases aside from doing stuff you can already do far more easily through existing technology, with a different permissioning model." "both crypto and the anti-monopoly movement are reactions to the destruction wrought by neoliberalism." "[but] in d.c., those who opposed the bailouts and sought to break up the banks - the reformers - are the most skeptical of cryptocurrencies. meanwhile, the pro-crypto lobby includes men like pat toomey, the most pro-bailout and pro-fed politician in d.c., and is financed by libertarian billionaire marc andreeson, a key force behind the rise of facebook." **"crypto is a movement based on the theory that the existing nation-state is a system rigged by billionaires, and [that] the right response is to create a different and more corrupt order rigged by different billionaires, money launderers, and dictators."**
they're all complicit criminals.
crypto is basically just a pyramid scheme if you look at it anyways. increasing difficulty to mine, limited quantity, essentially in-built deflation encouraging people to hoard it, liquidity problems which cause massive spikes and dips. it's basically wal-mart bucks, with extra steps. i would not only not mind if they made it illegal, but also made any kind of pre-paid cards (the kinds that are just less-useful foreign corpo-money) illegal as well. there's gotta either be something that requires backing by a physical element, or massive regulation put on it, because the only reason it is popular right now is because it is basically just like printing your own currency and then magically having it be worth real money on a whim. as a currency, imho - it is a no-go and there are going to be some serious bag-holders in the near future. however, the blockchain tech insofar as a unmodifiable digital ledger...that has some value.
how about we just address both of them ? crypto is a scam and the same people laundering money also have majority of bitcoin
crypto is still bad. this is also bad. no what aboutism is going to fix that.
both are bad...crypto = printing monopoly money and investing in it
in a perfect world both are eliminated. will be a joy to see your gambling scheme crumble. losers.
the funny thing is that politicians should be the common enemy but instead the ordinary people keep fighting each other.
and they would not. remember panama papers? ya me neither
*spoiler* governments are those people that got caught
well why would they?
all they did was put a minimum tax in, like that will do anything
they have investigated themselves and found no evidence of wrongdoing :)
what do you want them to do?put themselves in jail? panama papers went out and what happened? one douchbag minister in spain quit that nobody remember (and i am spanish) people overestimate the amount of shit the population can take. and by a lot at the end of the day you have food and ig sluts to fap around. ain't no revolution coming
that's because the cronies in the panama papers bought them.
if you have money, you can do the shadiest of things without repercussions. sad reality of the world we live in.
governments are controlled by the elite. do you expect them to tax themselves after putting all this effort to avoid taxes?
these people support the gov or maybe the govs are part of the group doing stuff like this as well.
yeh as they are all in it
the minister of finance of my country is in that paper. so, why he will do anything?
the governments are it.
what do you expected them to do, put in jail all the financesters and blow up the whole system on which whole nations are based? come on, do not be naive like a kindergarten kid.
so you're surprised they did not lock up their buddies? oh you sweet summer child
as others have said we can’t expect an entity to punish their selves. the power in the government sticks together to keep any power given
pandora, panama papers show massive tax or income exploits of government officials and celebrities, but nobody in power is interested in doing anything about it - in any country. look at the ghislane maxwell trial - practically zero coverage. thats only odd if you weren’t aware of the government officials (past and present) that were involved.
is because the governments are there to protect those people, not the masses.
yeah they would have to investigate themselves. i'd find myself not guilty.
by design. we will see a few "renegade" journalist perish in accidents or from random violence.
why they should do something? goverment is made from individuals who are in some cases mentioned in pandora papers:d (like czech prime minister):d...they like how it is easy to blame other:)...which is fcking sad and why i am so bullish on crypto:)
governments? you mean the people
government itself is corrupt not to mention how many politicians are mentioned in these pandora papers.
shout out to daphne caruana galizia. rip
“the american dream…because you have to be asleep to believe it.”
and snowden is presumably still hanging out in russia.
tax evasion is bad period.
exactly my point. there’re the one’s doing tax evasion, money laundering and asking us to stop it. what a joke
yea and agencies like the fbi are already so overwhelmed with the work they have. to do anything about these amounts of money is very difficult, especially in countries like jordan.
instead of addressing the obvious issues… everyone just wants to cry about the president and fight about covid.
our forefathers gave us the tools to solve this. people are just soft as fuck these days.
that's actually not true, see: >some 130 countries have agreed on a global minimum tax backed by president joe biden as part of a worldwide effort to keep multinational firms from dodging taxes by shifting their profits to countries with low rates. >the agreement announced thursday is an attempt to address challenges presented by a globalized and increasingly digital world economy in which profits can be relocated across borders and companies can earn online profits in places where they have no taxable headquarters.
kinda, but honestly not much
monero; let me introduce myself...
same exact thing i was thinking. wouldn’t it just make hiding money easier
theyre not daft enough to put money into something that can be switched off overnight.
they are trying to change the attention by saying crypto bad
nothing but truth here^
i really feel like it is some sociopathic thisorder, i mean even after having soo much money and influence they still seek some more.
since sociopaths crave power, sociopaths will socipoath.
same goes for crypto. nothing inherently democratic about a persistent ledger. still controlled by wealthy
absolute power corrupts absolutely
fuck those people honestly, they need the power removed.
which is exactly why alot of people do not trust any of the covid narrative or mandates
wrong! >some 130 countries have agreed on a global minimum tax backed by president joe biden as part of a worldwide effort to keep multinational firms from dodging taxes by shifting their profits to countries with low rates. >the agreement announced thursday is an attempt to address challenges presented by a globalized and increasingly digital world economy in which profits can be relocated across borders and companies can earn online profits in places where they have no taxable headquarters.
the enforcement agencies and decision makers who are responsible for dealing with it probably would not out of their own interests. like, i wouldn't be surprised if the ones dealing with it are just as deep in it.
it will keep repeating until something changes. we should start picking out a name for the next leak.
panama papers had some impact. not world changing but you cannot thiscount it is impact. >in just the past month alone, more than 300 news articles in 14 languages referenced the panama papers as authorities continue to pursue investigations and push for reforms, a search of the nexis news database shows. the most reliable outcome of panama papers reporting around the world has been various forms of official deliberation and information-gathering, observed in 45 percent of countries tracked in this study. nearly a fifth of countries tracked have seen at least one instance of concrete reform, such as a new law or policy designed to address problems exposed in the reporting. this is a higher rate than has been found in comparable analyses, due in part to the global scope of the panama papers and the nature of the institutions implicated. various tax enforcement measures have been a regular outcome of the reporting, and numerous companies and individuals have been penalised or prosecuted as a result. direct accountability for public officials remains rare, with officials losing office in fewer than 10 percent of countries tracked. backlash against journalists was recorded almost as often as substantive reforms, though in different parts of the world: predictably, reporters have come under threat in countries that score low in press freedom.
they push the ideologies to entertain the masses while they reap out the gains
they think it is about democrats or republicans, left or right. but they are all the same. they do not care about us.
it's pretty depressing at this point
are you telling me that those filthy rich and corrupt people do not have my best interest at heart?
politics is a huge scam.
they care about your vote.
ironic right, they dont give a flying fuck, thats obvious.
honestly, there is barely any difference between the two when you look at it from an outside perspective. no matter who wins, hardly anything (minus a few performative actions) ever changes
it levels the playing field and they do not want that.
that it is even bigger than imagined in poor man's wildest dreams. so many zeroes...
ethical and billionaires is an oxymoron - for most if they care at all about ethics, it is just as a part of a calculation, "if i behave ethically how much will it return, in $, ahh fuckit just gimme the money". pretty much like 99% of the population, billionaires or otherwise.
it's not illegal or unethical to buy property in other countries. go to south or central america and buy a house if you want, it is perfectly legal and a lot cheaper than buying a house in the us. as long as you do not make income with it you do not owe any us taxes. you do not have to be rich--i have friend who has a tiny house he got in costa rica close to the beach for .
govt is made up of ppl
everything with humans can be corrupt. let's face it we are all flawed
and perhaps unknown to the op, there is nothing illegal about buying property in other countries. go buy a house in south or central america, it is perfectly legal and a lot cheaper than buying a house in the us. and you owe no us taxes on it if you do not use it for income. if you make income with it then you declare it like anything else.
> turns out the average idiot, er citizen, still thinks one day they’ll be the money hoarding tax evading cunt so they actually idolize the vile behavior. i think the average person is just blissfully unaware of how much they’re getting screwed. it’s hard to track all the ways they’re bleeding us. the average person trying to just make it by in this world. the whole “poor people think they’re gonna be rich one day” thing is just a meme. nobody besides a very small minority thinks like that, they just don’t trust the government to introduce a new tax that won’t somehow screw the little guy. because that’s what always happens. they always screw the little guy and backe in loopholes for those that can afford them. that’s the game. always has been.
fuck we're backwards down here sometimes. god forbid weed be legalised in my lifetime...
crypto bad!!! ... but hand me some of that now
you know they are lol.
they're probably holding every asset in existence
problem is we're too busy fighting each other. the elites keep us constantly at each other's throats so we never rise up against them
how do you envision holding these people accountable? there is no power structure of mechanism for it(meaning powers and mechanisms in place do not have the motivation) so the fuck are regular people supposed to do about this?
for real, people expect every person named to be arrested and the entire global financial system to be rearranged in two months? these are the same people in this thread saying absolutely nothing happened after the panama papers which is [demonstrably false]( but hey, someone commented it on reddit so it must be true.
don’t hold your breath homie!
spoiler: it doesnt ever comes tho
conspiracy! lol if only so many conspiracies had not been proven true in the past maybe people would actually trust their government. govs and corpos crying wolf and getting slaps on the wrist is a tale as old as time.
yes: [136 nations agree to biggest corporate tax deal in a century](
it’s almost like the media doesn’t actually operate under the premise of society’s best intentions 🙃
> hypocrites and crooks, everyone knows how much fuckery goes on with the traditional system. i guess "bitcoin bad, uses too much powaah" is easier for the average joe to have an opinion on. even 'educated' people think its the most dangerous thing to the enviroment... i mean, there is nano as well, and bitcoin itself uses the same amount of energy as one bank would... so who really cares? also most people are calling nfts stupid (which is kinda true let us be honest, there are much better use for nfts instead of having jpegs about random monkeys made by noones) because of eth's pow, which is also insanely wrong, eth would use the same amount of energy if it was running for nothing or for nfts, it is working either way.
true. we need to mob politicians. rich people are fine because they will eventually get outcompeted in capitalism.
panama, pandora,…… next will bring the paraguay papers or something
yeah, this is the red herring to make us think we got em
you're talking like this happens all the time lol.
panama papers gave us kyc.
>!privacy is not a crime!<
that the papers weren’t focused on us elites isn’t necessarily and indication of pro-us bias. their sources were “14 offshore service firms from around the world that set up shell companies and other offshore nooks for clients often seeking to keep their financial activities in the shadows” they aren’t claiming they got every offshore service firm that does this, just these specific ones. and these ones they got leaked files from didn’t have many us clients. frankly the wealthy in the us probably have domestic companies that offer these services. or use ones that the icij couldn’t get files from. also the us isn’t absent from the papers, just not the featured star. i’m convinced this common assumption is misinformation being spread to absolve the us of its role in the papers. many foreigners highlighted in the papers used trusts that were located in the us, in the pandora papers there are: 81 trusts in south dakota, 37 trusts in florida, 35 trusts in delaware, 24 trusts in texas; and 14 trusts in nevada. two american billionaires in the papers are tech moguls- robert f. smith and robert t. brockman, smith settled a tax probe and brockman has been indicted for tax fraud.
bcz they do not have fuking brains
the outrage here is that the money hidden in crypto is a drop in the bucket compared to money hidden in more "traditional" ways, yet crypto is vilified far more as a means for tax avoidance
is it beachfront? i plan to have beach parties in my lambo
better would be a slow but constant adoption. debit cards loaded with crypto is a first small step. the next step mostly missing is direct payment with crypto and once a usable and secure solution for that is available it only must spread. this will take decades. but it can haven slowly and steadily without being an actual obvious revolution. and suddenly people look at you weirdly not because you use crypto but because you use a bank.
viva la crypto revolucion
well part of being a government is exerting control. and taxes are a non violent way to do that. and i think the word “control” has such a negative connotation associated with it when in reality it’s a necessity. taxation is way of perpetuating the myth that the government actually has any real control of the economy. because if most people lost faith in our ability to control the economy chaos would break loose. in reality we are all riding this incredibly unpredictable and chaotic economic rollercoaster that so far has been impossible to predict much less control.
haha if you want pragmatic equality you would get rid of the ability to be more or less wealthy than someone else. why stop at a middle road. getting rid of taxes would only hurt the middle class more. as the services that those taxes fund would evaporate into thin air. while the wealthier areas would prosper more because with the wealth to feed into developing the area you live would become even more absurd. the issue is the top end not having enough tax on them and then looking for ways to dodge their tax afterwards. and if you just want to give the govt the ability to print unlimited money you have other problems as well. especially if they print it and then hand it to private enterprise with no real recourse.
many politicians are dinosaurs that care about no one but themselves. they barely know now to use computers.
the poor die off from poverty.
freedom comes at great cost with decentralization and privacy.
love it. gobble gobble.
if i had to sum up the mindset of crypto fans it would be, "if you cannot beat 'em, join 'em." instead of calling out and trying to fix corruption, y'all just want to cash in on a new form of corruption.
i'm always amused by the outage expressed by people realizing the rich and powerful are, as a general rule, a corrupt bunch of slimebags. what about human history has given them the impression that the rich and powerful will ever be more interested in the general public than their own wealth? wealth and power change the way you think. and not for the better.
crypto gives us freedom and they want to hold grip on us by saying crypto is bad.
unfortunately, the rich and powerful get seem to get a pass for everything. we’ve seen it time and time again, and nothing ever changes.
position of power attract certain types of personalities, some of people in politics look like they would walk over dead bodies to get what they want. power also corrupts and rich people, bank lobbies etc use that to influence things in their favor and cover things up
the media is owned by the rich and powerful. 90% of us media is owned by just 6 companies. why would they draw attention to their crimes? they will keep on pitting the masses against each other, so we don’t pay attention to the real problems in our society….them.
cause the media is owned by the people exposed in those documents
the irs is more strict about offshore holdings than most countries. instead you manage a fund for offshore investors and collateralize it with a super low interest loan(or you can just transact with the funds everywhere outside the us). this works because the offshore kyc requirements are non-existent for non-us persons. i told cliff asness on twitter he was doing so with aqr in the bahamas and he instantly blocked me. tudor does it in the bvi.
fatca makes it useless for americans to keep money offshore. having an offshore account does not mean you are doing something illegal, its mostly for privacy.
don't. hate cheating people instead.
lol as long as governments require taxes to be paid in fiat, fiat will not die.
you're... on a crypto sub. crypto is fundamentally the most capitalistic asset ever created. it's essentially a software proof of the efficient market hypothesis.
if it does, it would not be pretty.
dont want to ruin that big donation next year
the person who leaked them was killed, thats about it, shows you what side we're on.
when you're the 1% you can do anything you want with no consequences
yeah, you should. and?
on some blockchains yeah, not all of them. which is why they dont ban them probably.
this is exactly the comment i was looking for! this is what i think is going threaten crypto. the blockchain records and verifies every single transaction and it is there for keeps. i do not know that much about the tech side crypto and blockchain but i do know world politics and i know that politicians make deals with foreign leaders to give aid that they they know damn good and well that it will be siphoned off and they are cool with that. they are cool with that because that is the loose change that is considered an "acceptable loss" to their counterpart in the receiving country that they are bribing. how are they going to be able to get away with that when everything is entered into the blockchain? that is really what the politicians that were trading stock on the news of the coming pandemic before they even alerted the public are afraid of. the permanent record. but like so many have noted here, who is going to stop them??
except democrats are strongly fighting against tax evasion and tax havens.
this is the delusion. bitcoin (crypto in general) is not a get rich quick scheme. it is meant to remove central control so that money would not be easily debased by centralized powers. that is why the most often ignored aspect of decentralization by the regular people is the ultimate goal. have you forgotten the post about the suicide a day ago? he was delusional to think he will get rich from memes.
nope you have to pay taxes on crypto if you are trading large amounts just like anything else.
ah its all clear now, thanks.
ah i see you're a man of culture as well
they just have to wait until they are old or dead, simple.
pretty much addressed: [ spoiler: nothing. the bigger chunk you own, the more control you have. this is already evident by what happens whenever those whales sell - everybody in the market feels it. like seriously, i do not understand how people do not understand that either or even ask that question. we see it every single day on every single coin. it's literally how math works. crypto tech is pretty much overrated (compare it to how far real tech has come along since 2013: ai, self-driving cars, graphics, robots, phones, etc.). what are the groundbreaking crypto techs? a bridge? dexes? boston dynamics does exponentially more with exponentially less funding than some of these blockchains get. it's not about the tech: ask any programming language subreddit about it or better yet do a search for "blockchain" in r. literally, try and find 10 arguments won against a professional software engineer about why their coin is better than any other or even why blockchain tech is better than sql databases that are nearly 50 years old. you would not find 10 won-arguments over the course of 10 years - for all of crypto. at the end of the day, it is all a casino and if they wanted to, they can absolutely control everything. again, who's to say they do not already either? they add and get stronger every single massive dump. if you're in this market you're basically going to try and capitalize during the openings they make the market go up.
i believe the concern is more about politicians siphoning money from the masses and stashing it where it is hard to find
not politicians, that is for sure, but if even they are doing this... why would you not do the same!? haha
damn the democrats are poor compared to the republicans. especially the progressives like sanders and aoc.
you do. and then you get some money and realize how poor you are. a million dollars used to be pie-in-the-sky money. now it would not even buy a house in a lot of cities in the us and canada. think about that a moment. the "gap between rich and poor" keeps increasing... what does that actually look like? it looks like a very clear line in class mobility, where fewer and fewer can cross. two distinct groups - one that owns property, and one that rents. and i do not mean, "i am 25 and have student loans and cannot get a mortgage," i mean, "i am 35, my debts are paid, i am saving slowly, but the prices go up faster than i can save... i will never have enough for a downpayment at this rate..."
you mean when you are rich.
im better it will get to a point and then everyone will have no choice but to crypto because fiat will be just too expensive to use for even toiletpaper.
yeah dude, that new infrastructure bill started pretty strong- and then they cut it to pieces, skimming off a lot of the climate change portion and coincidentally leaving untouched the top bracket tax cuts and increased military. i really wonder what the world would have looked like had al gore been president. fuck, even mccain had a climate plan. the us really has dropped the ball, and on our current trajectory, we are not ever going to pick it back up
it's made up alarmism just like covid.
politicians are the pandora papers people, ironic
the funny thing is i do not know which one you're talking about
the sad part is that they both prioritize corporations and money over people. as shitty as they can be as human beings, at least republicans are pretty open about how shitty they are. or maybe they are just worse at hiding it, i dont know. but if you are voting for anyone in the 2 party system, you are voting for the bad guys.
so in the us that only leaves bernie then lol because both extreme right (rep) and the normal right (dems) are pure corporation controlled. u guys are f-ed there. im sorry
i would argue that they do pale in comparison though, especially considering the crypto negatives that politicians and msm tout are almost never completely factual (and often just outright bullshit)
this just happened i think about 2 months ago.
tax evasion is illegal, no matter how you accomplish it. morality is up to the individual, and policing morality is terrible, but having leaders who operate by “do as we say not as we do” leads to more suffering of the people
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cash in the usa is not backed by anything it’s also not regulated beyond where it comes from and how much you can travel with effectively if you wanna have 500,000,000 in cash at home be by guest howeve if you wanna become a bank you can store that 500,000,000 and loan out 5,000,000,000 but this much better than crypto because reasons
it’s just converting computing power in to currency. this has been happening in the crypto world for years and years now and nobody had a problem. more and more people see that crypto and it’s currencies could be a better store of value than keeping their dirty fiat and that is giving more value to these speculative assets. i would rather play the crypto game and lose than play the fiat game and be a peasant to the corrupt politicians that try to “govern” us regular folk.
"i guess you guys are not ready for that yet. but your kids are gonna love it." marty mcfly, 1955.
crypto bad…good analysis, onefaith. you pulled a lot of knowledge out of this informative post.
what's the solution then?
in a perfect world, nothing exists because nothing is needed, you fucking cum stain. what a fucking twat. crypto is a gambling scheme, eh? well, the u.s treasury and federal reserve are in the midst of hashing out a cbdc. ukraine has hashed out a partnership with xlm (stellar) for adoption in their country. you probably dont know where el salvador is, but go ahead and do a search on btc in that country. sounds like our fearless leaders are jumping in with the rest of us losers. ps go fuck yourself with whatever device you used to post that remark, you shit stain slimeball.
true change will come when people realise the fight is not about the left vs right or the communists vs capitalists but actually the **average people vs the rich elite**
even politicians are a scapegoat. giant global banks who have a chokehold on the dollar and own the politicians are the common enemy. blaming politicians is like blaming a dog for the owner's mistakes.
the real enemy *tears picture of the pope*
yup. media brainwashing is very effective.
instead of saying left, right, democrats, etc...i've started saying the state. usually places a solid target on the problem i'm trying to describe.
i think the politicians make sure the ordinary people keep fighting each other.
a house divided cannot stand.
it's beyond that. you are treated like a kindergartener once people find out you support ron paul... an amazing man. all it shows is how chilthish these tools really are. it's like many never left high school...
nothing will help it will continue as usual
why would the government try to prosecute the people they have been in bed with all along? i wonder hmm
yeah, no reason at all
exactly, nobody cares. everyone just trying to fill their pockets while they’re having chance. when something big happens, everyone acts like this particular case will uncover some deep things but in reality it’s just shit.
that is exactly why crypto matters. giving power back to the people, letting them have *some* fair share with transparency blockchains provide.
doing shady things with a shady fiat currency
she was a jounalist who brought to light shady stuff and was killed for it, correct?
tell that to those elected officials around the world and in our home nations, that constantly do it 😆
i guess they are afraid of dips lol
politicians and bankers are bad, crypto is the only hope we all know
crypto good banks bad.
yea, classic misdirection. these people fucking thisgust me. they have a mental thisorder, sociopathic greed. try not to become one, should you be given the opportunity.
it is. a mental pathological thisorder. and we all know it. we know the system is being commandeered by sociopathic greedy humans whom live to exert control on others.
there are two things that really bother me: mandates and prohibitions. let people choose their medical treatment. and for fucks sake, end the war on drugs.
can he get facebook to pay the 18million in taxes they owe ireland. thanks.
oh, absolutely. if they are not hoarding themselves, their campaigns are being funded by people who are.
deep down they serve interests of the same group of people. fuck them hypocritical dinosaurs
taxes are for poor and middle class
inflation is taxation without representation.
look at what scomo is trying to bring in as a law as well. fuckin "religious protection" and "identifying online trolls". dumbest laws ever.
i knew something was wrong with aussie when i learned that its seasons are the opposite with the upper hemisphere...
wrong. its because it isnt illegal. you shouldn’t be wasting your breath saying these people should be punished. you should be saying policy makers need to rewrite tax policy. the rich are just doing what any smart person would do, which is pay as little tax as possible within the legal limits. (obviously there are a few legitimate bad actors, but they are few and i dont speak for them)
what i am saying is why is that nothing would happen with the pandora papers in 2 months. sensationalized titles like this are stupid.
next stop... the pandemmy papers
i cannot believe they shot themselves in the back of the head and committed suicide. impossible
monero will prevail if this bad joke keeps going
brainfuck - actual programming language
effing all the crypto traders right in the a if i had to guess.
if they are not going to hold people accountable,may as well.fuck taxes.they tax me when i get paid.and then turn around and re-charge me another tax for making money with the money they already taxed?yeah,fuck them.if i had strategies to avoid taxes that dont include fraud,i'm all for it.but make those same loopholes for the common man.the feds dont deserve any of my money.or yours for that matter.i just dont like the fact that the same rules dont apply to certain people.but damn near everyone who makes laws is highly susceptible to corruption.it has eroded my confidence on politicians.around the time al gore got robbed.that let me know the game was fixed.so either throw up your hands or play by their rules.i was going to use sarcasm to make a joke about it but nothing is funny about playing on a uneven field.
in fairness, not everyone is truly aware of the influence of power. just being in this space opens your eyes
generalizing with negativity is called bigotry. learn tolerance.
its literally gaslighting the public
they get a pass from the media because they pay the media!
epstein did not! who did he piss off?
and unfortunately there is still people that supports this dirty system to the bones, not accepting changes for the better
so... no filthy rich american tax cheats using cayman islands or other offshore banks to hide their i'll gotten gains. and all foreign banks follow us tax laws... got it.
quality comment. thanks so much.
why do you think they are pushing cbdcs
and if governments do not pay in fiat, then they need some freedom
crypto has nothing to do with any market hypothesis. it's just a verifiable transaction log. it's no different than if you were using pen and paper to keep track of your transactions, other than its mathematically verifiable, and uses a fuck ton more energy to do it. and the problem is capitalism.
taxation is theft as clearly demonstrated in the leaks. if you mind me reaching into your wallet and taking your coins then you should definitely mind paying taxes. after all i am more justified in taking it as i need it. these insane rich fucks in power do not. it's this simple. forget the hospital, roads, schools and other nonsense. it's pennies on the dollar and enormous scam.
oh goodness it’s separate occurrences. great. i literally incorrectly read panama on this post. it’s still plastered in my mind cause it was one of the things that lead to all joy and hope for the future being sucked out of me. sorry everyone i’m illiterate
yeah but the government isnt privy to any identifiable information... you can trade crypto without thisclosing any personal data that the irs can use to track you and your gains... so i fail to see how this post is relevant... you can evade taxes way easier with crypto
> literally try and find 10 arguments won against a professional software engineer about why their coin is better than any other or even why blockchain tech is better than sql databases that are nearly 50 years old. you would not find 10 won-arguments over the course of 10 years - for all of crypto. as a professional software engineer, most engineers who have not specifically studied blockchain technology are surprisingly ignorant about it, like almost as ignorant as the average technically-inclined person. the biggest difference between them and a normal person is that their status as a software engineer makes them feel like they have license to talk about it as if they understand it. i usually find it pretty easy to win arguments about blockchain technology with other software engineers, because 90% of them do not understand how it works beyond the idea that it is a linked list that is appended to via proof of work. they are usually stuck on the bitcoin model, with zero idea of what actually goes on on a smart contract chain. they often have significant misconceptions about proof of work and proof of stake, and cannot explain simple concepts like defi lending markets, token governance, or contract or token composability. seriously, ask 10 software engineers to publish a "hello world" contract on ethereum. 1 out of 10 would be able to explain how it basically works from start to finish without looking up a tutorial (how to get eth, how to publish the contract, how to invoke the hello world function, how does your client hand that transaction over to the blockchain and how does the blockchain come to consensus on the fact that you've invoked the function).
the democrats are incentivized to play the debt game. republicans in contrast are the opposite by saving money. it’s just how their economic and fiscal policies work.
because both of them are shit.
sure you do, you just would not admit it. trump's admin cut taxes for corporations and deferred them for the middle and lower class. are there supporters on both sides? of course, but one side is entirely behind that issue.
but it’s not tax evasion in many countries. that’s my point.
eat the rich, stop trusting crypto scams that use more power than a small nation and do something productive with that energy?
i'm not sure that day will ever come, if history is anything to go by
it has a word, but you would not hear it in the media or at school: class conflict
>but actually the average people vs the rich elite is not that kind of just what the socialists have been saying for decades though not thisagreeing just sayin'
but there'll be always the "elite" people, unless we implement better mechanisms for wealth thistribution
very much this. the mega rich have far more influence than most realize.
“when the rich rob the poor, it’s called business. when the poor fight back, it’s called violence.”
this is literally what the left has been saying for 150 years
it seems like you have realised, why are not you fighting?
pope declares skipping leg day is a sin
it's hard to say who's not a victim of this. we like to think of ourselves as not manipulated. but are we?
don't blame the media. that's even more brainwashing. its actually your own fault, since you do not hold anyone accountable for anything. you did not even hold sergio responsible for fucking up your dunkin's cold brew the other day, and he was right there and he even asked if you needed help with anything.
yet half the people shaking their fists at the evil "elites" will tell you in the same breath that more state is what's required. the cognitive thissonance could shatter rocks.
ron paul? it’s 2021 not 2012 lol
mmm really why would they?
like shooting yourself on the foot
correct. she was investigating links revealed through the panama papers relating to malta and was murdered by a bomb planted in her car.
biden is actually taking strong measures to fight tax evasion, empowering the irs and this treaty which allows us to tax businesses based on where they sell to customers and not where they move their headquarters overseas. >some 130 countries have agreed on a global minimum tax backed by president joe biden as part of a worldwide effort to keep multinational firms from dodging taxes by shifting their profits to countries with low rates. >the agreement announced thursday is an attempt to address challenges presented by a globalized and increasingly digital world economy in which profits can be relocated across borders and companies can earn online profits in places where they have no taxable headquarters.
if only masses could see the true power of crypto.
is not the majority of all crypto owned by a few rich people
when criminals launder fiat, it’s okay but when criminals using crypto, it’s crypto problem.
sadly thats the way it always been and sadly thats the way it will continue to be until the people rise up and fight back!
companies actually pay the tax havens the money they ask for, they just choose to pay those countries instead of us because of the lower rates which this treaty solves.
what i find insane is the money they give to charity, sometimes that is less than 1% of their annual income and we praise them for that!
vote in the governance poll mate.
wait wat? you only recently learned the northern and southern hemisphere have opposite seasons??
>!its my cross to bear!<
we need to make a new media for retail investors
he had a lot of leverage. he had a ton of information about some of the most powerful and rich people in the world. they didn’t want to risk that info coming out, so they killed him. the cover for it was that it was a “suicide”.
basically, yes. fatca uses dual factor reporting, and us corporations can’t really use tax havens to avoid tax anymore either
> forget the hospital, roads, schools and other nonsense sounds like a great society you have in mind
please explain how the leaks demonstrate "taxation is theft." if it is so clear you should easily be able to explain it right? you sound like a child, quite frankly.
youre stating it as a fact pretty much. you’re completely wrong and it shows. majority of blockchains, excluding the few privacy ones like monero, are fully transparent. for example, if you knew my eth address you could see every coin i have including every transaction i make. you’re drinking the kool aid being poured on you.
crypto is easier to track the fiat currency as every last transaction is visible to everyone. if they wanted to look into it they could and easily find out everything you bought and how much you made and lost.
agreed. in fact, i've found economists & computer scientists are sometimes among the most resistant to "get" blockchain. just look at hackernews or r. already having a strong framework that you think should apply to a new topic when it actually does not will naturally incline you towards mistakes. "the blockchain is just a worse sql database" is pretty much the classic example. ~~~~ it am not what you do not know that gets you. it's what you know fasho that just am not so. ~~~~
what are you taking about? republicans waste the most money and give out tax breaks to corporations that don’t need them. just look up the effects of the kansas experiment to see what happens with those fiscal policies. democrats have actually reduced the deficit much more compared to republicans by a wide margin.
that’s true. i suppose in some cases it *does* come down to morality, not the letter of the law. i suppose i just spin myself around on this one
absolutely we should eat the rich and stop crypto scams. but if legitimate crypto tech is leveraging clean renewable energy, what's the issue?
we average folks gotta learn from the history and change it, let us make crypto and blockchain help us in this regard. **power to people**
yeh that is the problem, the average person's education is so poor, by design, that they do not realize these things. better to keep people ignorant and emotional, much easier to control.
happened in france when they was told to eat cake lol
gun powder toppled monarchs...pray that crypto will topple the current tyrannies
that's because the human condition wants it to be like this. if there was a great reset, in 10 years we would be back where we are now.
sure, if you ignore that it is the elites that would be controlling the money in that scenario as well which pretty much everyone does. why would i support anyone that thinks that more government is the solution to fix the problems created by the government in the first place.
*bernie sanders wants to know your location*
that will never change. it was here, it’s here and always be. the ones, the wealthiest, chosen will always be behind the curtains, watching the world burn.
that's all fine and i agree but [insert meaningless culture war bullshit] means i'll vote conservative and then be *shocked* when they do not challenge moneyed interests.
the "left" is currently implementing policies to force medical procedures upon the population that directly enriches big pharma with your tax dollars with the alternative being limited access to essential needs and poverty. but yeah, totally for the people
is that the pope?
we all are being manipulated by one thing or another every sec. it’s up to us to identify such manipulations, overcome those and help others along the way
dunning krueger effect has entered the chat.
its the little things that start and go by as people turn a blind eye to, which roll into larger issues.
feeding the narrative to entertain the masses whule they control it all
so many people do not have proper critical reasoning skills. they're easily brainwashed. "should i question this?" "nope!"
i assume that would be because they believe the only path to a non violent solution is to reform the state to be "for the people". the "free hand of the market" will not reform its self. most non "state" solutions amount to a total systemic collapse, and the "elites" with their private armies and reserves of resources will probably win that fight, or authoritarian rulers will come out of the chaos as the new elites, as they tend to historically.
his points and purpose still stand today. he's even pro immigration! he's not only a doctor (you know...covid), but he (a white man) delivered black babies for free because the families could not afford it... (covers racism and the poor) sounds 2021 to me!
sounds like a fair rule. but it’s not the rules that solve or create problems. it’s the interpretation of rules. that is the real power. twisting and manipulating rules to serve those with money or power. in this sense, we cannot rely on those that create these rules then twist them to the benefit of themselves and friends, to solve any problems we face. you cannot expect those that create the problems to solve the problems. it creates a conflict of interest.
biden is an installed president who very obviously works for all these people. you're an idiot.
you're shilling a shitcoin
hopefully it’s for the good of the people 🤞🏽
we’re getting there. slow and steady!
soon, as new generation more familiarized with tech surges and replaces the older ones
people consider some of these as their idols
that is a highly likely probability. sounds like a dream job.
he was too exposed eh? interesting. like madam palfrey... 😬
sounds like you took away nothing from my post. what a great " fuck you got mine" mentality you got there. i'll clarify nonetheless. i'm not advocating against public contribution. i'm advocating against having laws on public contributions and thistributions dictated and enforced by absolute criminals in every aspect. most people would help if we could. but not when i'm literally fighting for my own survival. 32 fucking trillions in offshore does not sound like fighting for survival. end this crap logic already.
you're too thick to be reasoned with. surely you will not accept arguments from someone who according to you sounds like a child. yet a child can understand in simple concepts it is wrong having fucking trillions in off shore tax while there is literally millions of people under poverty line so i encourage you to brainstorm on the following where did all of their money come from? is it fair when filthy rich pay near to no tax percentage wise but poor do? do you find this moral? is there accountability over my tax use for people in power? are there other benefits to being filthy rich vs being poor? one relates to the other. figure it out.
that's not accurate. once you have crypto you can send it via monero to another wallet which is completely anonymous. then you can use dexs and defi services to do stuff with your coins and completely avoid tax. if you buy some random currencies on binance and stake them there, yeah you are not going to avoid tax. but that is not all you can do with crypto.
they cannot tie your wallet to you... you can only see the transactions through wallets not who is the wallets owner
yes. the morals aren’t a consideration for the wealthy who do this. it’s just how it’s done it seems to me.
i wish it weren't so, but i do not believe that crypto will be some great equalizer. the wealthy are slowly learning to use it, the banks as well, and they will ensure that blockchain technology remains in the hands of the big banks, and the wealthy elite. also, even if defi takes away power from central banks and large banks, that would just lead to money being in the hands of some large and possibly equally powerful entity. money is like water, it finds a way into all the cracks in the system and a few always benefit the most.
>"socialism is when the government does stuff. and the more stuff it does, the more socialism it is. and when the government does a whole lotta stuff, it is communism." edit: to be completely clear, no, socialism is not "more government", here's some actual reading:
>if you ignore that it is the elites that would be controlling the money in that scenario as well which pretty much everyone does. socialists want more democracy, not control by elites.
bro, outside of bernie sanders, the left does exactly the same, the only major difference is the talk a good game, but they do little. we "have to work with the other side". it's all political theater, these people get to the point where they are part of that class and like the status quo (and many are out and out shysters because of the pension system and money in congress - starting to feel this way about aoc)
yep. until america rethiscovers what 'left' really means they are basically fucked
are you trying to manipulate me right now with that theory?
he says lots of wonderful things and then had a political party so useless they couldn’t win any election for anything. and then he had some of the most awful fans that would actively call in and taunt call in show hosts to make absolutely sure that party would never win anything. talk about a scam.
ron and rand paul are coronavirus deniers, and push anti-vaccine information. you sure you want to die on that hill?
bidens not creating these problems so i do not see why he could not solve them. the only way this is not an amazing thing, to tax companies who moved overseas, is if it never happens. but it sounds like it is happening.
how does stopping big companies from evading taxes overseas help big companies?
actually i'm just posting facts about a new tax treaty. posting facts is not shilling.
collecting additional tax revenue from overseas seems like a positive.
just make sure to vote next year. all these dinosaur republicans do not give a fuck about you, so vote their pathetic asses out.
slow and steady we shall win. **viva la crypto revolucion**
spot on 100% in all aspects. thank you.
> op is saying why on earth should we pay taxes if they are only being given to criminals to fuel their illegal activities and who say forget hospitals, roads, schools and other nonsense. the average citizen is a net beneficiary of the state. it does not take more than napkin mathematics to realize that the average person is not paying anywhere near as much in taxes as they are receiving in state spending over their lifetime. the majority of taxes are paid by a small percentage of the population, and that is with the current level of tax evasion. in countries where voters are not dumb enough to buy tax cuts for billionaires as a project to help the little guy, tax is even more progressive than it is in the us. even if it was true that taxes somehow represented a net transfer from the little guy to the big rich fat cat, why would the answer be "fuck taxes" and not "fuck rich people not paying taxes"?
>i'll clarify nonetheless. i'm not advocating against public contribution you said "taxation is theft". are you pro theft? >most people would help if we could. but not when i'm literally fighting for my own survival. 32 fucking trillions in offshore does not sound like fighting for survival. end this crap logic already. so because rich people are avoiding some taxes, we should advocate for a scenario where they can avoid all taxes? what? the average person is a net-beneficiary of the state. only a small percentage of the population pays the majority of taxes, and that is with the large amount of tax evasion and avoidance going on. if the populace weren't so easily manipulated into voting against their own interests and did not regularly cut funding for tax enforcement we would have an even fairer society. "rich people are crooks so i should get to be a crook too" is race to the bottom logic.
basically there is two ways to look at it: a) taxation is theft, these rich people are therefore doing the right thing, and you should too (good luck with that). or b) taxation is necessary for modern society, if you're paying taxes, so should these people, and they need to be brought to account for it when they do not. you're spot on that *it is not right* that these rich bastards avoid taxes when the average joe (not biden😉) pays up or faces jail time. what gets done about it depends on whether you believe (a) or (b) above.
nothing you just wrote explains your assertion that "taxation is theft" you seem particularly confused about the difference between law and morality.
yep and if you are not a complete moron you can easily hide money from the government no problem rich or not. i have been doing it for years, it is called taking cash. i do not have to pay taxes on cash i do not report, i have done so many jobs for cash and never reported it.
that is a pretty easy fix basically all they would have to put into law is that you have to register your wallet with the irs.
i'm not sure if that is still that case in this situation. i do fundamentally feel crypto backed currency will be the only way we will be able to trade value in a secure and open-source way but not until the house of cards in some way fall. i'm not sure any current governing system can build off this unless the internal system completely changes as well. crypto-government? haha
i agree with you. just as a nominally representative government can overlook growing inequality, so too will "representative" crypto participants. i make that assertion because the largest blockchains are adopting technical variations of protocols which are known to be vulnerable to certain types of financial attacks and exploits. pow chains that depend on asic hardware to contribute mentionable hash power towards consensus can be viewed as very similar to an endorsement of a poll tax - a pre-qualifier to even be noticed in the "conversation" about consensus. backing up the technology truck does not simplify or give us an automatic solution because the need for a microprocessor to hash and publicly validate a block of transactions is already explicit and not everyone has that in their possession. humans individually tasked with the same mission cannot necessarily be trusted to reach a logical or valid or humane conclusion about historic transactions, but future generations can still look back to understand how we reached consensus and even what the "wrong-thinkers" were focused on. the way history's transactions *have* been recorded "off chain", to this point, suggests a favoring of martial force over all knowledge and all other priorities - really the opposition to be juxtaposed against consensus, if we consider choices logically. transactions measure the victories and losses in conflicts also, with both winners and losers frequently indebted for generations. and truly, what future generations have not had access to is the "true cost" of militarism and war. the victors can often renegotiate debts with the spoils of their victims. win or lose, the costs and the lives are statistics to be debated judiciously while the powerful rarely are held personally accountable. when we think we are hearing the minority after a war, it is nearly axiomatic that we do not hear the marginalized, the imprisoned, the silenced and the forgotten. their voices are not echoing in the debate or even present in the eventual consensus. and yet, no matter how many 5-dollar-wrench threats are issued, the historical transactions of any metaphorical losers will be there for everyone to see and judge for themselves. the winners cannot erase the past of a public blockchain and just the process of eliminating nodes by force (as opposed to economic self-interest) implicitly ncreases the value of the blockchain's historical transactions. it validates why a thistributed ledger exists. it is the audit trail that cannot be thisappeared without powerful nodes taking notice. governments may escape accountability, but this really only means *individual people leading* governments may have no consequences. it does not mean the historical facts are misunderstood or the tabulations were wrong. and it does not limit our capacity to create new mechanisms that reflect a more representative consensus. bitcoin and the blockchain projects which follow are both tools and experiments to have a non-sentient silicon-based infrastructure protecting our transaction history from being erased, no matter how insignificant it may appear to the powerful or to the future. the potential is there for a truly dystopian world if participants are collectively greedy enough. by that i just mean if we treat our public ledger the same way we treat our politics - as a cynical game where consensus is a joke, winners take all, and everybody believes it is corrupt - there is no referee to call the game because our team is in danger of forfeit. it's public. everyone already knows. hopefully we can *also* reach consensus on ways to avoid or replace corrupt agents in our governments that necessitated the inventions and experiments we are participating in now.
we need a big revolution, like really really big.
taxation is not fucking theft. the current tax system absolutely is. we need to move to a progressive wealth. income taxes just fuck over regular people.
can you give an example of when a socialist government resulted in a smaller government and less tyranny or corruption? one will do.
yes. even easier to accomplish in a duopoly.
you honestly believe that biden has nothing to do with the current state of corruption in america? that biden has not twisted the interpretation of rules or laws to favor himself, friends or family?
biden is not taking strong measures against anything but basic freedoms we've all enjoyed since the country was founded. just because someone mashes a bunch of words together does not mean they are true genius. you are an idiot.
some taxes? go read pandora papers, panama papers and other leaks on absolutely ridiculous amount od money hoarded by the 0,5%. you can do logic and rationalize all day long if you want, until you exhaust yourself and there will still be no argument or logic you can use to justify all that wealth stolen and hoarded away. there's a time for logic and time for common sense. ive heard your arguments so many times before and every time i can see how short sighted they are. some nonsense theoretical logic that is thisconnected from reality. meanwhile poor keep getting poorer and filthy rich are getting even even more outrageously filthy rich. reason away my friend... i'm sure that will help. did a great job so far did not it.
you a psycho? seem like a psycho.
i agree but you said: >crypto is easier to track the fiat currency as every last transaction is visible to everyone. which is not true, all you need to do is use a privacy coin to send money to an anonymous wallet.
lol... so my original comment stands... it's easier to evade taxes with crypto currently... what is the point of this post...
well, we moved to monaco decades ago after a windfall and we've never ever had to deal with taxes again, except the 20% vat on some things we buy. other than that, have not filed anything in +2 decades. it's a nice & peaceful living without the fear of audits or imprisonment. i produce a lot more now than when i lived in fear. ps. we still have roads, schools, hospitals etc etc.
plenty examples of modern socialism, especially like companies such as mondragon. but i see this as pointless because you clearly have not taken the time to read anything from the source that i provided first. if you want to actually engage in a good faith thiscussion, do so.
his policies directly benefit the lower and middle class and raise taxes on the rich. he votes against tax cuts for the rich. so seems like you're misinformed.
you sound pretty idiotic and hypocritical not gonna lie
>some taxes? go read pandora papers, panama papers and other leaks on absolutely ridiculous amount od money hoarded by the 0,5%. i do not know where you think i said rich people are not hoarding wealth or avoiding taxation. in fact i explicitly acknowledge it in the post you're replying to. here's a quote in case you forgot: >only a small percentage of the population pays the majority of taxes, and **that is with the large amount of tax evasion and avoidance going on**
yeah most people do not use those coins for transactions. if i am going to be buying something illegal or doing anything under the table i am using physical cash because guess what?? it's untraceable already. also because you know literally everyone takes cash but only 0.00000001% of people take untraceable crypto coins.
no still easier to evade with fiat... because people have been doing it for years and still do over crypto.
well yeh 20% tax is intense and pretty regressive, but monaco is rich as fuck. so you gave up your citizenship?
i’m misinformed? because i believe he has or has had his hand in corruption? i’m not suggesting this rule doesn’t benefit lower or middle class. i’m suggesting that politicians like biden will twist policies to benefit themselves, friends or family. this policy included. so since you dodged the question i will ask again. you believe that biden that has nothing to do with the corruption in america? that he has not manipulated laws to benefit himself, family or friends?
you have to be an extreme combo of young and stupid to think your generation is the one that is going to get the rich to suddenly pay their taxes and fair share.
deff a psycho. no wonder.
so? you're spreadinf fud. this entire post is not true: >crypto is easier to track the fiat currency as every last transaction is visible to everyone. if they wanted to look into it they could and easily find out everything you bought and how much you made and lost.
no because with fiat you have to go through many loopholes and illegal schemes to accomplish this... it's easiest for billionaires not everyday people... crypto currently makes it easy for everyone... so again... thanks for confirming my point
>so you gave up your citizenship? yep. before it was even a thing. before eduardo saverin got lambasted by congress. before they made you pay a fine and an exit tax. most of us in the us have some (or all) european heritage, so it was super easy to get another citizenship, besides those days (pre-9) some countries sold citizenships like candies for the price of a candy :)
>well yeh 20% tax is intense and pretty regressive yes, it is brutal, but helps us simplify our lives. we only buy things we truly need. we could easily go to france and buy things "cheaper", but this would not be right. we like to contribute to the economy. with home paid, cars paid etc. our annual expenses do not even reach €200k per year, so we pay €40k in taxes ... if everything we paid vat on was charged at 20%, which it is not. reduced rate: 10% is for certain pharmaceutical products, water, restaurants, take-away food, hotels, transportation of passengers, some types of real estate renovations. reduced rate: 5.5% is for products and services for the thisabled, books (including e-books), most food and drink products, energy. reduced rate: 2.1% is for certain medicines, newspapers. last time in the us we paid in excess of 7 figures in taxes and we earned peanuts compared to our current business income.
right i do not believe he has accomplished the feat of "twisting the law". it takes a whole congress to modify laws. i personally have never seen any evidence of him twisting a law - even for his most controversial and most criticized votes he admits what he did and tries to explain why. but theyre still just votes. and in those cases it still does not seem to do with his family or helping himself directly.
it was not that long ago that the rich paid a ton in taxes.
do you not know what that word means? nothing i've posted in this thread is remotely "psychotic" however, your attempt to thistract from the subject at hand, which you've completely failed to explain your stance, is telling.
fud? did you not know this? this is the one of the points of crypto that it is visible to everyone. did you even read the op post?
lmao clearly you know nothing about crypto it is not easy to hide at all.
i don’t know exact details of how it works. but in my country, politicians hoard billions of money within the same country with help of proxies. they hold a huge cash reserves in name of party fund, which is tax exempt because it’s a “trust fund” looted fiat money will be held by proxies and kept in rotation by doing some business. which is easy for them with their political mafia ring. but they claim business as underperforming. during election time it comes into party fund in the form of donation from proxies. there are millionaire proxies in my state who became independent entity after the main politician kicks the bucket and there’s no nepotistic successor for him. it’s possible to hide money via privacy coins like monero. but it’s not an well established network like fiat money laundering network. and not really trustable, as crypto is volatile & confusing for a average politicians who didn’t even finish high school. it’s easier to hide fiat and it doesn’t loose value. also there are whole community of people that become rich by printing counterfeit notes and they are still at large. our neighbor country prints fake fiat, smuggle it via border & use it to fund terrorist activity in our country, so they are earning and destroying at the same time. so they just wanna block them, because of lobbyists from traditional financial institutions who got rich by playing middleman for centuries.
ethereum working their asses off for over 5 elon - *insert monke thiscussion meme* "change a few numbers doge"
is elon this bull run's john mcafee?
i'm a software dev and he sounds exactly like upper management... "how can we make doge better?"... "oh! just 10x everything and make it 100x cheaper! someone tell the devs we hit a break through!"
is elon trolling or does he actually think he just solved the scalability issues by changing a number in the code?
i wish elon would focus more on tesla and space x and less on crypto.
can' someone eli5 why this wouldn't work?
is it just me or that elon genuinely does not like crypto and is just doing this as one big elaborate troll to kill it?
this is what happens when a man has a god complex. he can say whatever he wants and his followers would believe him
for someone that is suppose to be one of our brightest... he sure lacks common sense. if it was that easy, why is eth 2.0 taking years to accomplish?
im just getting kind of sick of the elon talk... we are making him relevant in the crypto community by posting about him 20× a day lets strip him of his crypto influence please...
saylor's reply is spot on. the world needs a decentralized, secure, deflationary store of value like bitcoin much more than it needs the more centralized, less secure, inflationary medium of exchange that you describe above. musk is fast heading towards being the crypto fool.
careful calling him out, he might call you a pedo.
i hope he fucking does it lmao it'll absolutely destroy the fucker. might even fork it.
i am so tired of watching elon trying to extrapolate his intelligence into areas that he is clueless about!
ideally, doge should be 100x cheaper
he’s just manipulating the market for his own gain. no more and no less.
this dude has been playing with millions of people money. what he’s asking doge can’t do. he’s a snake. he will absolutely have a crypto currency. you can also bet your ass i’ll buy some lol. his crazy following is enough for me to do it
was he smoking again?
are you forgetting that tesla bought .5 billion worth of bitcoin like 5 minutes ago? musk’s not an idiot. he’s obviously shaking the paper hands out of bitcoin and sending them over to dogecoin to drive down the price of bitcoin so that he can do what? ...buy more bitcoin. it’s not that complicated.
it's also really really really stupid in the context of things like nano.
20+ years of cryptology, suck my dick, i'm a billionaire, change 2 of these hard coded variables that are essential to security. why is not this bitcoin thing sucking my dick! i'm a golden god
if by some miracle he pulls it off (which i don’t think he will), i highly doubt it will be done before the bear market starts.
what is happening now in crypto market is embarrassing and total bulls\*it. last year was the rise of defi and that gave me some hope, but nowadays with all shitty nft's and shitcoins that grow like a mushrooms and for some reason are pumping, i do not even know if i like crypto anymore. for me this is a devaluation of money and financial system overall, as people does not care about value anymore, all they care is hype and someone's twits. i'm afraid that global financial system is doomed now. hope i am wrong.
man elon is just so stupid. there are 1400 doge nodes currently, and with his suggestion to go to 6 mb blocks per 10 sec, each node would require 1 tb of hard drive every twenty days. using cloud standards that would be 36 tons of co2 per node per year just in storage and for comparison bitcoin has 83,000 nodes. obviously for a large scale global currency you are going to need way more than 1400 nodes. and this is just storage, not even including the actual bad part of proof of work, the mining (which is going to be the same energy usage as bitcoin)
he confirmed he clearly does not understand crypto, the less i hear from elon on any subject the better
there's no need for these type of "damage control" posts against elon or any other influencer. who cares what anyone says. crypto will succeed despite what any influencer has to say or do because it works. crypto is mature enough that it should not need to care. really. all these bumps in the road are non-events.
he is a fucking ego maniac ruining what was a fun and cheap coin like dogecoin. he knows nothing about crypto but likes to portray as if he is an expert. he failed to see the potential of blockchain since 2009, where has he been all this time if he is such a visionary. dogecoin has been around since 2013 where has he been for the 7 years plus? meanwhile those of us who have been doing the hard yards all these years promoting dogecoin as a tipping cheap and fun coin.? dogecoin has been ridiculed and its users ridiculed because it was not serious. yes that is how we liked it cheap and fun, not a serious coin. it is not meant to be an investment, the price is not meant to go up to ridiculous and unjustifiable heights. but through all the obstacles we have succeeded to be one of the oldest and still going strong blockchain projects. now musk wants to jump in act like some sort of saviour? fuck him! he has enough money to start his own coin, he should take his hands off dogecoin. and fuck all those people who idolize him like he is gods gift to humanity.
elon is mcaafee 2.0
bitcoin cash people are going to have a hay day with this tweet.
makes me laugh. he reckons he is working with doge devs... it's rather well known that doge does not really have any dev team. the guy who made it literally said on his twitter, "i did not consider anything, i made it in a couple of hours". elon is saying he wants something that uses less than 1% of btcs power consumption, and something feeless. the product already exists and is already in the top 100 🙄. it's time for nano.
like 15 wallets control over 70% of the entire circulation of dogecoin. aka elon and his buddies are making bank by tricking everyone into buying their shit coin for a premium price. they've probably had this scheme in the works for years. they bought billions of coins when it was microcents on the dollars.
money doesn’t equal domain knowledge unfortunately in this case.
cryptos biggest flaw is that the price can fluctuate so dramatically based on one persons tweet, who is not very knowledgeable on the inner workings of crypto
sounds just like the upper management where i work. “make it more better, more faster and more cheaper 🤡”
i think the dude is unstable as fuck and needs some meds and therapy. he's got whatever made kanye crazy
fuck elon and all you dick riders who prop that dork up.
of course he has no idea what he is talking about. but so does 2. so people will continue to be idiots and follow him or people like him. hate how crypto investors have turned into wall streets bets people
elon is a clown. people would downvote me like crazy when i would say this pre-that one tweet. but i seriously can’t wrap my head around this. he is a billionaire. i am sure he would have people doing his own research about crypto. i still can’t wrap my head around how he bought 1.5b worth of bitcoin without knowing that it costs a lot of electricity to mine. now he wants to “work with devs” to make doge more efficient? lmao why does it have to be doge why not switch to a better project? i know why. he probably has his own agenda, now that doge has been pumped. p.s. also why did he have to open his mouth and say “working with doge devs...”? couldn’t he just have kept his mouth shut and just say shit when it’s done? dudes a pumper.
elon is hostile. imo elon is trying to take over the crypto space. he attacks btc and in extension most other coins. first he drew the attention to btc by investing in it and accepting it as payment for tesla. then he, when he had everybody's attention, said btc is bad and he will not use it again.playing the environment card. by doing so he has caused max damage to btc. also, most coins bleed when btc bleeds so he is attacking his future competition as well. in addition he can keep and increase government subsidies for environmental friendly companies. now comes the second part of the play. he identified btc as the problem. now he presents himself as the one who will fix it. funny enough, through dogecoin "the people's coin" as he frames it. a meme coin with no devs that he can hype at will. this is hostile behaviour.
elon is the living example of the quote "you either die a hero or live long enough to see yourself become the villain".
imo, doge coin is just a tool for elon to flex his dominance around this space. it would not last long as he clearly has no clue what he is talking about. yup, i do not get why he is constantly being made into steve jobs 2.0 or some kind of living tesla. for the most part the dude is just a rich guy with a slightly passable idea, really not worthy of the worship his sycophants bestow upon him.
i called this a few days ago, he does not understand pow. everyone is thinking he is looking for a pos coin or something weird like nano or iota, he is just looking for a coin with less hashrate, thinking it would replace bitcoin without adjusting block difficulty. he should just save us a bunch of time and eat his own dick on tv right now
how did bch fail, i use it and like it
i think elon knows exactly what he is doing. he is not stupid rather far from it. i think he enjoys seeing the idiots hang on to his every word and wait for his tweets with bated breath
he is just finding his mission to mars through manipulating the market and the idiots
ugh just stop already
can somebody explain why devs won’t increase bitcoin’s block size? are there any downsides besides of the increased blockchain size? i mean would 2x block size make it that less decentralized nowadays?
get ready for teslacoin.
glad hes slipping up and people get to see him for the clown he is. he was very careful in the past to not make mistakes that chip away at his veneer of genius. hes a low rent narcissistic and grifter.
just make a different coin lol
i'll be honest guys. i fell for his trap. i only recently entered cc obviously cuz of hype. but i also realised blockchain future(gonna be epic). fortunately i realised soon and also i did not put much money into meme coins. learnt lil bit about genuine projects like ada, one and vet. put some money and trust into them. still learning more and more everyday. for hodling it is best to do fundamental research and then invest . as pointed out by so many people here, cc am not some "get rich quick" magic. i'll learn more and more along the way and dca whenever i have lil bit of money saved up.(may or may not get into bc development but it is definitely interesting af) i mostly want to be debt free and not necessarily aiming to be rich man 😅 atm. hope you guys also have a good life. happy sunday 😄
don't think the average joe cares about all of that, they just want to know which coin is going to pump. and according to musk, it is apparently doge.
i can imagine this could start to reflect adversely on tesla’s image too
meanwhile over on r! with every tweet from elon i genuinely wonder how many over on that sub are involved in anything other than doge!
nobody should be listening to one guy’s twitter account for financial advice anyways. i don’t care who it is.
that's what is so frustrating to me, the fact that it is uninformed choices that have a massive impact on the market
he's already been embarrasing since he threw a car in space just for the sake of throwing a car in space.
elon musk has reached the peak of [mount stupid](
it might be time for jack dorsey to add fact checking to elon’s tweets about doge
sounds like a bulletproof idea. what could go wrong?
what's the point of decentralised currency if someone is still manipulating it ?
i cannot believe the amount of influence this man has on the crypto market with his twitter account. it's like his playground which he use to pump and dump. first with bitcoin, the wait is for doge. he must be laughing his balls off.
he’s continuously embarrassing himself
he thinks nobody else has thought of this? is he basically saying: 'just make it 10x faster, cheaper and more efficient... it is that simple but the other stupid humans never thought of it... only me' ?
i'm so sick of this billionaire that needs government handouts and then turns around and bites the hand that helped balance his books... and then he says that he wants a carbon tax!! get lost
elon is a cocky bored goof. never has anything actually enlightening come from him about crypto. he just spats off nonsense and because he has money people listen.
elon is a super narcissist who needs his stamp on everything that is why he has tried to destroy btc and push doge
he’s literally pumping doge for profit. dude is going to make hundreds of millions off the morons that are buying thousands of dollars of doge.
the thing is, elon 100% knows about this. he just has fun manipulating the market with no repercussions.
that pump and dump wanna be iron man turd. he's a rich bored ass billionaire. rekking the crypto market with random tweets and sucking on shitcoins.
everything hes ever said on twitter has either been info about his company or trolling. i dont know why people started taking him seriously all of the sudden. dude just wants exit liquidity for his doge bags
billionaire market manipulation, no different in crypto than it is in other realms
elon musk has been embarrassing himself since the day he entered the crypto conversation.
twas embarassing really. best thing was seeing doge creator come out of hiding to dunk on elon
i’ll say it again, he is one of the most dangerous men alive and will do no good for anybody but himself. he is the pt barnum of today netting up suckers.
"if elon can just make the tesla cars 10x faster, batteries last 10x longer, and sell for 100x cheaper then it wins hands down"
it's just a middle finger salute to sec. if you remember, he tried this with tsla share price and sec gave him a slap on the wrist. by manipulating crypto, he is just challenging them knowing not much can be done. billionaire vs system. we have just made ourselves a part of it.
i'm so glad people are seeing him this way finally. he's a successful con man.
imagine being a spacex employee trying to design reusable rockets and advance humanities endeavours in space and your boss is doing this
i stopped taking elon seriously a while back now
you guys do not get it. at this point he is openly mocking you all. he ran his grift, got massive profit off it, and is now just teasing you on the way out.
elon shouldnt be allowed to have twitter smh
billionaires are not your friend. a lot of them got to where they are by manipulating schmucks. don't be a schmuck
elon musk simply does what he does to make money off of idiots who listen to him and believe he has their best interest at heart. i guarantee you in 6 months or less likely 6 weeks he will change his stance on bitcoin as he just made millions selling and buying back at a lower cost.
it is so obvious he is just manipulating the market! still a lot of people do not see that unfortunately.
i love how all these subs talk about elon constantly.i bet he loves all this free publicity.
doge is a joke, happy if you have made money but the entire project was made as a literal joke. don't fomo into every new hype coin. do your research and know this crypto run is going to be exactly like the dot-com bubble.
so he is bought a load of dogecoin, and is using his publicity status to try to drive the price up, hoping to make enough profit to pay off all his loans when the shareholders finally realise tesla is ridiculously overvalued and want their money back.
if elon keeps interfering with the crypto markets the sec will move faster to regulate it. is that what he really wants?
will people realize his bullshit numbers for making space travel 100 times cheaper now? his rockets are more expensive than the space shuttle was.
he is the donald trump of the crypto world
we see this and think what a moron. the morons see this and continue to pump doge. we cannot compete. everything is crashing except doge. i give up. this is a clown world.
lmao. use your brain folks. don’t blindly follow musk
bch tried and failed? in what way? the only reason it is not is the loss of the btc ticker due to the social engineering attack used to prevent bitcoin from scaling. satoshi also did think of just changing the variables, that was the plan. obviously there was room for improvement in efficiency and they have been made with bch able to process 256mb blocks on a raspberry pi along with a host of other changes that were promised years ago, privacy, tokens, evm sidechain etc the so called maxis betrayed us all with the decentralization narrative for their ulterior motives, they pushed everyone to altcoins while the whole point of decentralization has been lost with more and more reliance on third parties.
satoshi did think of this. its in the whitepaper, and yes you can change variables to the better. check bch, bitcoin cash, it has more transactions than btc bitcoin, and it has lower fee’s than doge.
i mean this is what web 3.0 is doing already with cardano ? late to the party elon
hes just trying to make money off it. doubt he really cares about the tech since he chose a coin that is reliant on litecoin to exist to try to upgrade
the fact elon has the ear of doge devs and is dictating features that he wants already makes doge a nonstarter when it comes to decentralisation. this is the same issue btc ran into with blockstream controlling the github repository and kicking out all the original devs. there are many facets to decentralisation, having multiple dev teams is one of them. take bitcoin cash for example. they have 6 independent full node development teams working on the protocol. you can see them [here]( if you select the “node” tab from the menu or scroll down. and as an aside: bch has not failed. it has decentralised scaling on chain allowing for fast, reliable, low-fee and uncensorable payments. that what [bitcoin]( is meant to be in case you forgot.
cz is responding to elon musks tweets , and elon is making a complete fool out of himself...
bch never failed at anything. bch is amazing and works superior to all crypto currencies.
i've got 32 shares of tesla, and i will buy starlink stock, but i'm never going to put my money in dogecoin. elon musk & crypto is such a hilariously bad mix. i seem to be the only one who remembers that for years elon musk was negative about bitcoin and did not see the use-case for it, and did not take it seriously in an ark invest interview. which is weird since so many ceos in the fintech space like jack dorsey have bullish on crypto for years, and considering how elon musk was a part of paypal you'd think he would have a better understanding of it. i think elon musk still does not quite understand bitcoin or is just having fun manipulating the hell out of it and pumping and dumping dogecoin. i still somewhat think the whole doge situation, is really just elon's way of annoying the sec after they made him step down as chairman and pay a fine for his infamous 420 tesla tweet.
idk how you can call bch a failure when it and xrp are literally the only cryptos i’ve used for day to day purchases. bch is a payment option on every bullion website i use that accept cryptos, and i just paid for a vpn today with bch as well. xrp still works the best, but for what it is bch has utility. obviously the more merchants that use something like coinpayments or bitpay, the more it opens the doors for other cryptos to be used day to day. 51% aside, lack of price, but i just think its ridiculous when i hear people bash these cryptos. because they work, they are used, and that’s the definition of successful in my mind...
isn't elon the same guy who said we would have autonomous driving level 5 by now? and what about the energy used to recharge the batteries of his teslas? is that a clean energy?
he does this on *every* subject. every subject. this is called **the realization**. the moment he starts talking about something that *you* are an expert in, you realize he is a two bit huckster and it is not even close.
bitcoincash works great buddy 👍🏼 and was just upgraded again today…
sorry folks, but he is kind of right. ' the reason btc is stuck with 1mb blocks is purly political - look it up. ' oh, and satoshi did think of that (it was just not neeeded at the time as blocks were empty), here's a quote on the subject: “it can be phased in, like: if (blocknumber > 115000) maxblocksize = largerlimit it can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that do not have it are already obsolete. when we're near the cutoff block number, i can put an alert to old versions to make sure they know they have to upgrade.”
>the solution is not to just change numbers. >it seriously has a bad effects on the network security and decentralization this is not obvious to me, but nobody is asking for more details. so, i'll be the one to reveal my ignorance. why does increased block size hurt decentralization and security? if you convince me, i might even sell some of my bch.
all this would do us make doge more centralised, which goes against the whole point of cryptocurrency
elon is a desperate grifter
i think you’re the one embarrassing yourself ? elon isn’t implying that the fix is to just change the *block_speed* variable or anything like that. he’s saying that for it to be viable the entire project would need to be improved to the point where those things are optimised to a level of 10x i don’t know how you even managed to think he’s referring to just dialing up a variable. i can guarantee elon knows more about software development than you do
these “i hate elon” posts are funny. especially the 20th one of the day. stop crying because you bought at 60k, bitcoin will go back up. you sound like every investor talking shit about tesla in 2017. what he says can’t be done! it’s destined to fail! now look at ya. still salty
i agree completely, its insane that he can get away with manipulating the market as much as he does. i always liked doge just because it was a fun coin, but elons shananagans have turned me away from it to other projects he doesnt have a hand in. dont get me wrong im not a big time investor or anything, just an average person, but this sort of thing rubs me the wrong way. ' i think its amazing that so many people are turning to crypto and want to get involved and i know in general the crypto market is insanely volatile, but the madness that elon is pulling is scaring people away.
elon! simply make teslas 10x cheaper, 10x faster, 10x more energy efficient and make them look 100x cooler! then tesla wins hands down! can i have a job?
this guys a clown
elon musk completely destroyed his reputation for a lot, by himself. 100% his own fault. i respected him for a lot and now he is just a joke.
the amount of deep dive psycho-analysis that a bunch of basement dwelling virgins perform on 240 characters (or less) of a piece of social media is hilarious.
just ignore this clown. he should be in jail for market manipulation already.
bootlicking rich guys is about the lamest shit a person could do...
people need to realize musk is just a rich kid who has been at the right place at the right time. he isn’t some tech wizard, he invested in a few things that blew up and made him a billionaire. he then put his billions to work and invested in electric cars as battery tech improved to make it feasible for consumer cars. that was a hit, but he invested, he did not invent tesla. with spacex, he saw a gap in the market, high dollar government contracts, and scientists who were underutilized. they, then took ideas that have been around for decades, put up money, and spacex has done well for itself. he isn’t some amazing tech guru, he’s just rich and could risk everything knowing no matter what, he’d always be a millionaire.
i feel like he wants to be the "chief engineer" of the world. to be the "creator" of all of our modes of vehicle and space travel, home energy storage, internet access, etc, even a world currency. dogecoin is just the stray dog he feels like he can be the master of.
more than half of investors doesn’t even know what he is talking about, they only much wow about his tweets (pump).
elon is a tool and is pretty cancerous for crypto.
i wonder why he doesn’t create a tesla coin to shill
im almost have tears realizing the community has finally turned on elon musk. he isnt a good person, never has been, and the fanboy boot licking that has been prevalent up until about a week ago was really pushing me to question if crypto had been successfully turned into a joke by these rich maniacs.
try going over to the doge subreddit and telling them this lol
ideally teslas increase their range and cargospace 10x within the current formfactor and become 100x cheaper.
i loved the guy as a public person a while ago. i thought he had a brilliant mind. and that is what i love the most in people. but with recent events, i do not think this is the case. this guy just know badly how to make money, that is all. another fake leader like jobs was.
sounds like my boss lmao
what a clown. even with that, it doesn’t hold a candle to eth 2.0 or ada in a few months.
for those knowledgeable in robotics, he makes the same idiotic claims regarding his full self driving teslas that very much are not, or not anywhere close to being full self driving.
it's all planned. first he pumped them dumped bitcoin. doge is next. he's nothing more than a grifter, just on a billionaire scale. he may be doing good work in the field of science, but this is how he gets his pocket money.
elon musk is just an attention whore
on an unrelated note as someone from , how the fuck can a crypto be more or less environmentally friendly? is the environment impact not just the energy used for liking or whatever? if so, does not that just mean that any cryptocurrency would become less green as it becomes popular.
elon bit of a prick really
we're in a bull market right now, so most people here would agree that transaction speed and throughput is more important than security. that's why people peddle 100000 tps centralised shitcoins while trying to shit on bitcoin. 🤡 market
he wants to do want every other bitcoin fork tried to do... 9 years ago
man, i really wanted to believe elon was this super smart good guy, but lately my hopes are being severely damaged.
this is quite thissapointing, i thought he had a better grasp of the tech, as he was an actual software engineer back in the day and software is an integral part of his companies.
elon graduated from the school of roger ver.
why don’t he just talk to one of his engineers and learn something? ego issues?
bro i think it is the other way around. people gullibly hooped and hollered when he mentioned bitcoin and moved with their emotions and he went and ate. everyone has this idea in their head about elon musk but as strange as it sounds if you go on a certain celebrity gossip site, they do not paint him so rosy. he does shady shit like other wealthy people. it does not take a genius to see he is apart of a pump and dump group. he even dropped clues to them on snl. even the reason he gave for why doge was worth a shit was idiotic. 4,000 coins and so many shitcoins but this one will be the popular one? c'mon. the crypto twitter embarrassed themselves by forgetting crypto is about community and not dickriding anyone person. most of us got in this because of this word decentralization. many people seem to have forgotten that and have a hard time living without centralizing person's places and institutions.
a chain without certain fees does not have the economic viability to pay for its own security. or does it have any mechanism to self regulate bandwidth. someone can keep it alive as long as there is economic interest but it is not self sustainable. musk is a fool that knows as much about about crypto as he knows about pandemics.
> “45 day plan and we’re back in business”
i keep saying it the more you talk about him the more you empower him in crypto. either most who were pissed are btc maximalists or they bought their crypto at the top. we are seeing some ath happening right now (eg. xlm, matic, ada) enjoy it!
i said it before and i'll say it again: _fuck elon_
why does he love the coin so much or is he just trolling? and as for why so many people react to his opinion i do not know, he am not our leader, he is just a nutter with a lot of money.
he reads one line of a white paper and automatically becomes an expert.
i am still surprised why are we even thiscussing musk in crypto space. let him go, we have saylor who is true supporter, and understands the technology deeper. those guys we need to support, not manipulator like elon!
elon musk is an embarrassment and a union busting villain
people keep talking about "just make it more efficient" like they understand how.
it doesn’t matter whether you know elon’s musk’s tweets are informed, truthful etc the reality is that when he tweets dumb shit about btc or doge, the 30iq and 160iq play are the same, and that’s to panic sell. he’s seen as a fundamental catalyst’s not much that can be done to stop him and the horde of casual gamblers following him, as mentioned even the smart money.
i think op should have spent more time on the security factors related to why bitcoin was, "security costs power" and why security is a key factor when talking about bitcoin versus other crypto.
he reminds me of john mcafee back in 2017 lol\~
there is a lot more to it than thisk space. it’s about the whole world.
is it doge coin or dogecoin ...asking for a friend.
he’s such an idiot.
i agree with you on everything about your opinion of dogecoin. when the devs of dogecoin announced that they were not going to put a hard cap on dogecoin i saw it as having real potential. controlled inflation is the key to having a crypto being used as an actual currency.
can't stand elon musk at all. people are riding his dick and jump on any project he mentions. they think he wants to make people rich, and they do not get that he is just another multi billionaire that only works for himself to get even richer.
ah, the new anti bch narrative. actually, contrary to your zero evidence post, increasing the blocksize is exactly what needed to be done. also, lmao, holding adam back up as some kind of genius. op is clueless
the moke is now parroting "the largest doge holders are exchanges!! there are no whales!"
at least he’s acknowledging the unsustainable nature of bitcoins energy consumption
doge, in my opinion, is a vehicle for billionaires to become more... billionairey.
i don’t trust billionaires! and i haven’t trusted musk since he got on stage to show his bullet proof car that got smashed by a child’s fisher price hammer! he’s so cringe worthy!
an elon a day keeps the crypto away.
it's simple guys. he sells cars for doge, a hyper-inflated shitcoin. he uses his market manipulation skills and stupid cult following to pump doge, then he accepts it as currency for buying teslas. he enjoys the profits, probably trading doge for btc as soon as the doge hits his wallet. he does this for long enough for doge to inflate itself out of value until people buy with usd again. then he uses his market manipulation to pump doge again, rinse and repeat. tldr: sell a depreciating asset (a car) for another depreciating asset (doge). trade that depreciating asset for an appreciating one (doge for btc). profit.
oh no, not crypto twitter! how will he ever show his face again!
i had a cousin asking about doge and wanted to buy the dip on thursday - he is not a technical person or someone i pictured as an investor. i heeded him that it is insanely volatile and has no reason being valued at what it is. i did say that elon could tweet something stupid that sends it tripling, but given that tesla just removed bitcoin citing environmental concerns, there is low possibility of elon continuing to support doge because it would be insanely hypocritical. so when elon tweeted about making doge more efficient, i immediately called foul - there is no chance to turn a mined cryptocurrency "efficient". during this 2 day span, i find my doge wallet from 2014 with 34k doge in it. i immediately cashed out. my girlfriend wondered if we should keep it in, i told her that it could triple of elon tweets the right words, but you do not invest in something that depends on stupidity.
voldemort is a self-absorbed grifter… and i thought he died in the last movie?
but according to reddit, if you're rich, you're a genius. logic no compute.
half the people here are more clued in than elton. that's saying a lot!
changing these variables relies on improvements in computer hardware and networking tech. it can and imho should be done, but if you cannot run a node on cheap hardware with an average connection, the changes cause more harm than good for the network.
we want to travel new york to london in 30 seconds. how do we do it? we simply make the plane 5,000,000 times faster. problem solved baby.
he didn’t fund his companies 401k of course he is an embarrassment
i swear he is just trying to establish himself in the crypto space so he can eventually launch his own coin. discredit the legit coins, prop up the meme coin, launch own "environmentally friendly" coin later.
i'm so glad people are starting to hate elon musk as much as i do.
dude do not know shit
* bitcoin mining uses lots of energy. * bitcoin is too expensive to transact with. * basing an economy on a deflationary currency crashes everything during recessions. these are the three primary problems with bitcoin technology that make it incapable of replacing fiat money. ethereum 2 is trying to fix the first with proof of work although there're skepticism on this solution and alternative approaches. bch and xrp are trying to fix the second, and both work pretty well. makerdao is trying to solve the last. i have not seen a project adequately address all three. and then there is the challenge of government opposition. elon is just going down the list to pop the bubble. perhaps that is why he focused on dogecoin because it is not deflationary.
i'm probably wrong but from elon's words i took it to mean he is going to get devs to change the tokenomics to reduce the amount of doge that is minted, rather than taking the action that his words stated explicitly. one is logical and beneficial, the other not for reasons as you stated.
bitcoin is pretty archaic. look into algorand. algorand is the one true king.
>if the solution of blockchain scaling was simply to change the variables, why adam beck did not think of this and why satoshi did not think of this. you would think someone posting under the name satoshi nakamoto would know more about satoshi nakamoto. he did think of it, and in fact planned for it to happen. "it can be phased in, like: if (blocknumber > 115000) maxblocksize = largerlimit it can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that do not have it are already obsolete. when we're near the cutoff block number, i can put an alert to old versions to make sure they know they have to upgrade" direct quote from the actual satoshi nakamoto. the fact that this post is on the front page is the actual embarrassment to crypto.
the man is joking. the whole coin is a joke and he knows this but thinks it is funny. has he not made that clear enough? he literally called it a "hustle" on live national tv. this is how nerds joke. he's a nerd at heart.
cute thinking a billionaire cares about what people think of his tweets.
> many projects like bch and bsv has tried all this. and failed. haha. you're a joker. > he clearly has no clue what he is talking about. neither do you, it seems.
ideally… i’m not speculating whether if he knows what he’s talking about. but if steve jobs didn’t throw the phone into the fish tank and say it can be smaller, the design team would’ve been ok with the product. who knows. maybe the optimism is just what changes everything. or maybe he was just joking. the fact though is i don’t think he is trying to prove something as much as you are with this “ohhhh he just embarrassed himself *expose*”
>bitcoin has proven itself again and again over the years on why it is the king first mover advantage meaning all the warehkuses of rigs making it the most secure? that doesnt make it king , its just a dinosaur waiting to be dethroned.
elon was ceo of paypal. he built it up. you forget that??? or you think your bum ass knows more
elon just has to insert himself into literally everything and become the “expert.” it’s tiring.
if elon said cardano instead of doge he could have saved himself
you’re all getting trolled. hands down.
i thisagree that he does not know what he is talking about. he's effectively manipulating ignorance to pump his own flex boner. he knows exactly what he is talking about in the context of his real motive. the surface meaning is all puppet strings.
the fact that doge ia not going up anymore after every tweet proves that he already lost his influence, pathetic
the problem with people like elon is, that they cannot support anything without being somehow praised for it. they would destroy something good just because it is not theirs. just wait until tesla faces more competition from other ev producers. then suddenly he will not compliment nio anymore. just wait 2 more months. then he will lose interest and jump to another topic. and doge will get the relevance it deserves.
btc is not and will never be king lol. it's a pump and dump by the wealthy that you tards keep falling for lol. it's not a solid store of value because of its volatility, unlike gold. it's not a good currency because it is inflation, unlike the dollar. it's a joke all around.
r... they literally got in on the pump and assumed that means they know anything about crypto, newsflash they don’t
soon, on elon's twitter: "i am satoshi nakamoto"
the same elon musk who buys and sells his company’s shares as needed for frivolous personal spending 🙃
you almost had me until the bitcoin is king bit. bitcoin will be out of the top ten within 5 years. it's useless.
pretty sure that’s dash that he’s describing. instant sending, 2mb blocks, and transactions that are fractions of a penny.
take random peoples word on reddit, or take the billionaires word? hmmmm
or maybe elon has people that bought doge coin long before in a massive chunk maybe non of the transaction were done from elon’s account so even if fbi tries to link his account to doge’s purchases they won’t find it. from what i can see elon will pump the price so high and then tell his people to dumb it on masses who invested. all to make more money and gain power for his projects. one of it being linking human brain to ai this itself is very dangerous! i don’t know why people can’t see it. this is an example how power corrupts people even if they don’t realise it.
i find it hilarious that tesla motors are horrific when you look at their environmental impact but he says bitcoin (and most likely to the common investor who knows little about crypto and associates anything crypto related *to* bitcoin) is entirely unsustainable and damaging to the environment
this joke has gone on long enough and is going to end up costing a lot of people a lot of money
doge was not even a coin it was just a memet thing which spread free on web sites. people sending doge coin to friends just for fun it was worthless. im am sure developers of doge coin created it only for fun not to solve problems it s a meme coin. thats why people say that elon is manupulating the market as shilling a meme shitcoin with 0 technology. if he d invest eth and collabrate with vitalik then maybe i d think that he wants to contrubute crypto ecosystem. but with doge coin he just increase money like making joke on twitter
honestly elon and dogecoin ruined the entire tail end of this bull run. we might be hitting a bear market very soon.
wait, so he wants 100,000 doge minted every 6 seconds instead of 10,000 doge minted every 60 seconds? lmao that’s 1.44 billion doge minted daily
you spell "musk", you read "mcafee"
the guy is fool of shit but if crypto community wants to dance to his tunes, then it’s better to just forget about this revolution so-called future money! decentralization shall not be managed by some car sales man! - or his previous role as paypal mafia.
i've already met an idiot who believes in his tweets and told me that doge will become one of the world currencies...
lol if you head over to the dodge sub they are all 100% endorsing this. i guess it is that huge divide in the crypto space right now where a lot of people have no idea what is going on
your post is beyond ignorant but that’s this sub and space. go read the bitcoin whitepaper and understand why btc has failed to be peer to peer electronic cash.
am i the only one thinking elon is trolling most of the time?
1. elon is smarter than me and has a better hairline. 2. i am smart enough, though, not to listen. 3. i'd rather spend my time pondering my receding hairline.
how did bch fail? satoshi never thought about increasing the block size limit? [
elon knows nothing about a topic and talks like he is the shit, guess all the attention from teenagers got to his head
remember elon musk and the thai cave rescue? look it up if you do not. musk was gonna build a mini submarine and swoop in like a superhero to rescue everyone. the people who actually rescued the kids and who knew what they were talking about could not believe how impractically stupid musk's ideas where. the person who called musk out got labeled as a pedophile. musk called him pedo man. let's watch musk do the same with crypto. musk is a f-ing bad joke.
thank you brother, or sister. these are the posts this noob needs all makes sense
hey elon, just make cars that run on air, ya dingus
every day i am more and more convicend: elon holds the biggest bag of . he just has it splitted among many addresses.
i'm still trying to figure out how bitcoin is worse for the environment than mining a bunch of cobalt for car batteries and throwing a bunch of rockets into space.
>many projects like bch and bsv has tried all this. and failed. could you explain in more detail what you mean by failed? (not debating your opinion, just looking for more details on what you mean here)
he will soon run from the sec in a boat somewhere and afraid to eat he is dick on national tv
it’s a money game. he definitely understand his influence in just one tweet. the market sell other coins rushing to buy dodge thinking it’s going to the moon. big whales buy back btc & eth at low price. dodge dip. market starts the cycle rushing to buy btc & eth. it’s a pure manipulation for pump & dump
what worries me is that "where there is a will, there is a way". elon is one of those guys that likes to make stuff just happen, even if it makes no sense. all the technical accuracy in the world is nothing compared to the might of a powerful marketer (which elon is). so the question is: how much does he want to make this happen?
can someone actually translate this for my ape brain?
> why satoshi did not think of this. satoshi did think of this. he explicitly stated how he expected the blocksize limit to be increased. > many projects like bch and bsv has tried all this. bitcoin cash did a ton of other things under the hood, they did not just change the blocksize limit. > and failed. i think it is too early to tell, still. scalable blockchains are only valuable when there is more demand for blockchain activity than the currently available . look at the adoption patterns, when demand goes up users go to where things are still functional.
how did bch fail? the tech works.
why do you say bch failed?
is this entire sub as unaware as this post? feel sorry for you guys.
it's crazy to me how bitcoin hodlers will try and contradict what someone like elon musk is doing. i do not thislike either coin (tons of potential) but i get the fact that if you're losing tons of money in btc why you'd be upset and hate on dogecoin. i would not doubt that btc hodlers are pumping money into doge (quietly) to make up their loss in profits from btc. but hey to each is own, i'm hodling regardless what anyone says. if you do not have an exit strategy for any crypto you're invested in then you might want to rethink your strategy.
the question is...do you think someone who can land a space rocket on a moving pad at sea or launch his tesla roadster around mars can figure out a way to improve dogecoin?
wtf has bch failed at again? i swear this sub is an echo chamber of shills, noobs and maximalists
>why satoshi did not think of this. "the existing visa credit card network processes about 15 million internet purchases per day worldwide. bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. it never really hits a scale ceiling. if you're interested, i can go over the ways it would cope with extreme size." "by moore's law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10. even if bitcoin grows at crazy adoption rates, i think computer speeds will stay ahead of the number of transactions." "i do not anticipate that fees will be needed anytime soon, but if it becomes too burdensome to run a node, it is possible to run a node that only processes transactions that include a transaction fee. the owner of the node would decide the minimum fee they will accept. right now, such a node would get nothing, because nobody includes a fee, but if enough nodes did that, then users would get faster acceptance if they include a fee, or slower if they do not. the fee the market would settle on should be minimal. if a node requires a higher fee, that node would be passing up all transactions with lower fees. it could do more volume and probably make more money by processing as many paying transactions as it can. the transition is not controlled by some human in charge of the system though, just individuals reacting on their own to market forces." "eventually, most nodes may be run by specialists with multiple gpu cards. for now, it is nice that anyone with a pc can play without worrying about what video card they have, and hopefully it will stay that way for a while. more computers are shipping with fairly decent gpus these days, so maybe later we'll transition to that."
he’s gonna pump doge and then ruin many people’s investments once he dumps it and shits on it.
i saw this and was stunned that this guy is praised for his knowledge in crypto
thanks op for actually explaining it properly 💪
bch is doing fine thank you very much... you are crazy if you think btc can work with a 1mb base layer
i’ve always thought elon would be more like mark cuban, and vice versa. cuban is actually asking questions about cardano and inquiring about it’s real world use cases, etc. cuban has genuine interest in the uses and also its effects. i believe cuban will be on the cardano side before elon ever even acknowledges cardano- which is kind of crazy tbh. elon should be much more knowledgeable on technology. but right now he’s so focused on being more green (probably for regulators) but it’s really cutting into the progress temporarily of crypto in general.
weren’t you the same people sucking barry shilberts dick for shorting doge? now that elon is manipulating the market you’ve all got your panties in a bunch? your tears are beyond delicious, you elitist pricks.
anyone else amused that tesla stock value is mirroring what elon did to bitcoin value?
99% of crypto “investors” have no idea what theyre talking about either so sorry. got pumped up by a cult leader with a bunch of idiot followers? get tanked by a cult leader with a bunch of idiot followers. way she goes, ran
musk's statement: "this car is just slow, we can improve it my changing the numbers on the speedometer" - yea changing parameters on a crypto does not work like that musk...
elon musk has exited his bitcoin position because he needs the cash for tesla. simple. the guys burning through cash faster than a freshman fraternity pledge at his first strip club. doggie coins, hash rates, scalability, ozone depletion, helping the underprivileged children of the corn, etc...is all a beard. it's a diversion. wait until he files he quarterly reports for the sec. get your tesla puts while they are hit!
i'm pretty sure elon does not know shit after inheriting his families wealth and just having smart people work for him... i really do not think he is a genius, he is a fucking scumbag trying to pull every dollar out of the people that still value his opinion...
op you're missing the point. he is not saying that he should just adjust the numbers in doge. he is saying what doge needs to do to become the main one, and he is saying that it probably cannot.
i mean, btc's blocksize cap was originally 32x higher, it was just lowered for optimization reasons because there was a lot of spam right before satoshi left. bch and bsv have handled the bigger blocksizes fine (except when bsv tried to move to "gigameg" blocks lol), they just do not have the first-mover advantage that btc does.
damn. this subreddit is shit. glad i unsubbed long abo
🤷🏻‍♂️ but elon said it could be done so why can’t we?
elon is a pathetic clown.
>if the solution of blockchain scaling was simply to change the variables, why adam beck did not think of this and why satoshi did not think of this. >even now projects like ethereum can increase the limit and make transaction fees on the chain reduce over 1000x. >the solution is not to just change numbers. >it seriously has a bad effects on the network security and decentralization. (please remember this) >many projects like bch and bsv has tried all this. and failed. >this narrative is so 2013. so mind explaining why or how it fails? you're not making a very convincing argument here.
obviously this was an exaggeration. it literally says “ideally.” people love to shit on musk here for free moons. he’s not an idiot...
change the name of this group elon haters circle jerk 🤡
i was telling myself over and over that elon is not stupid, and i used to think of him as a highly intelligent human being. i really tought that he had a quite specific agenda for all his tweets the last 6 months. i was also quite sure that he had some kind of agenda by accepting bitcoin, and debunking it afterwards. i refused to believe that he was so uninformed when accepting bitcoin just some months back. up until now, my theory has been that this is just some big marketing scheme of tesla, where elon is getting involved in cryptocurrencies since they are trending. if im not mistaking, tesla uses 0, and in my head this whole thing with him doing what he does, makes sure he gets put up in every newspaper world wide. i always tought all of his "stupid shit" was just for marketing purposes. even if it was smoking weed openly or throwing steelballs trough the windows of the ugliest car on the planet. the cybertruck. seeing this tweet, i dont think that is the case, and my original theory doesnt seem to hold. elon is not as intelligent as i tought. the guy really has no clue what so ever, and he is making himself look like a complete ass.
why don’t you clearly explain y he’s wrong? u haven’t proven anything or cited any claims.
op be like "hurr durr i own btc and am sad cause it goes down :(:(:(:(:(:(:(:("
i wouldn’t bet against him. he’s shaken up the car industry, the space industry and now, he has his sights set on crypto. if i was holding bitcoin or ethereum, i would take elon musk as a very serious threat. i hold a bag of dodge but most of my holdings are in algorand. i see him as a threat to algo as well.
it amazes me how many crypto projects do the same thing and then claim to have solved scalability
i just bought more btc. whatever elon’s at, not going to stop strong hands. the prat
i think the the fact that everyone is talking about elon and crypto means elon has already won!!
the only thing he’s actually right about is fees. fees used to be fractions of a cent, but at current prices they’re approaching dollars. if nothing changes, we’ll run into the same problem bitcoin has, where fees make it impossible to use it for everyday transactions. the temporary fix would be to lower the minimum fee from 1 doge down to something like 0.01 doge. but then if usage continues to increase, we’ll hit the 1mb blocksize limit eventually (although nowhere near as fast, since dogecoin blocks are 10x as frequent). i don’t see why elon thinks block times need to be sped up though. it’s already 1 minute, and dogecoin doesn’t have replace-by-fee, so it’s pretty safe to treat unconfirmed transactions as valid, at least for everyday purchases. same goes for block size. because blocks are 10x as frequent as bitcoin, dogecoin can already process something like 6 or 7x as many transactions as bitcoin (looks like bitcoin blocks are around 1.4mb due to segwit).
this is silly but i lost respect for that guy when he named his kid gibberish
shut the fuck up elon.
all part of his plan. drum up attention by shilling a shitcoin, complain about what is wrong with it and then boom announce his own coin that apparently achieves everything that the others don’t. bring forth musk coin.
what i did not understand is, why is not he going for a coin, that has already everything he wants, like cardano? instead he decided to take on this shitcoin, that was literally made to meme and cash grab and hopes to make it work. there are some real people out there, that put in real effort into their projects and actually trying to change the world.
elon talks and acts like someone who just took the crypto plunge, not an intelligent mind on the subject. he clearly does not know wtf he is talking about, or dicks from didldos about what makes a good protocol or token. i never worshipped the guy, but i lost a lot of respect for his "genius" status when i realized he knows less about crypto than my neighborhood drug dealer, and talks about it publicly on a daily basis.
dude doge takes 40 mins for a transaction! keep following false idols and you'll end up right where they want you to be, dumb, broke, dead!
i think elon just wooshed you bro.
this sub is so obsessed with elon. time to unsub. can’t even get actual convo about crypto without bringing him up.
elon musk a noob
i respect elon and the contributions he’s made to the ev sector but the amount of elon-fanboys i’ve seen“bro, doge is going to be work (xx)million dollars eoy” is insane. people genuinely don’t understand how this shit works... and i don’t either
elon has worked in his small tesla, in summary he was coding, and he was reviewing his code base as himself the only approver, kinda like in the movie ‘the dictator’ alladin wins medals in the race. blockchain space is totally different, its open source and people like vitalik, charles , gavin, and thousands of bright minds are working day in day out to solve some of the most toughest problems . elon’s immature tweet is good enough to target innocent retail investors but he will fail miserably if tries it with people who are aware with blockchain.
who’s all on the polygon?
bch failed because everyone who cared had already moved to eth
spacex should go stellar
i admit that i thought elon musk is built different, but reality proven that he is not, just the same with some other shitty youtuber or influencer in crypto space, pumping their own coin, criticizing other coin. fxking clown, i bet he doest really know how blockchain works
tell the people who own bitcoin to give some away or start paying people for services so they can earn some. if this does not happen it can not be king because it is not for the people. it's for a small elite. which is fine, but we do not want that anymore
people should remember he created online payment gateway called paypal...
jesus what a clusterfuck of writing, op. ethereum has grown so much that its marketcap is just 30% of bitcoin. there's no reason to believe that it would not surpass bitcoin in marketcap next year.
from my basic knowledge, wouldn't doge need to have some form of hard fork to do these changes? otherwise it would be equivalent to ask 9 ladies to get pregnant for 1 baby, and deliver that 1 baby in 1 month.
does he even realize that doge is inflationary by design? that 10,000 new dogecoin are created every 5 minutes? meaning that for the price to even remain stable the market cap has to constantly increase at that ratio or else the value goes down. if you think doge is around for the long term i highly doubt you know this.
doge transaction time is 40 min. eth : 5 min xrp & xlm : near instant choose your character
> it would not last long that is the only part of your post i find myself thisagreeing with. i think you are significantly underestimating the power of the cult mentality. whether or not elon actually knows anything about what he speaks is irrelevant, his cultlings will accept it as the truth no matter how outrageous any given claim may be.
elon 'self-absorbed grifter' musk
why did you say bch failed? genuinely curious, they look pretty successful in its subreddits.
if you manage to launch multiple rockets and perfectly land it reversed again, you have my credibility. elon knows what he is talking about. the ‘problem’ with smart people is that they sound crazy to dumb people. being a keyboard warrior does not mean you can compete with a giant. and the ‘beauty’ of elon is that you may sit on his ‘giant’ back, so you can see further. if you do not understand this, you probably don’t have the 140 iq that this ‘gifted’ asperger man has. and he probably has more, as he still is developing. mostly himself. and that i can admire to the highest. for me this man already was a role model. we share many passions, he just is better than me in dealing with these passions. but i enjoy his style, his creativity and his words. if he talks about numbers, you better believe him. at least he is not only talking about it, he is making it happening. because that is who and what he is. give the man some credits please, he deserves it. at least i do.
how did bch and bsv fail?
since when bch is a failed project?
how has bch failed?
>if the solution of blockchain scaling was simply to change the variables, why adam beck did not think of this and why satoshi did not think of this. actually they did and were in favor of doing it \[1,2\] a. back changed his mind after blockstream got funding from banks \[3\]. banks do not want bitcoin to be fast and blockstream does not want bitcoin to be fast, otherwise nobody would use blockstream's products like liquid \[4\]. big blocks work fine, they do take some engineering effort to make them work, but they do work fine. check out bitcoin cash (bch) \[1\] [ \[2\] [ \[3\] [ \[4\]
who the fuck still cares about elon? if he was living in a half-decent country he would be fined already for market manipulation
**master of manipulation** tweet something nice price goes up, sell tweet something not so nice price goes down, buy more
he is a fraud, he has not invented shit he is just the public spokesman for tesla i'm so sick of his shit
what if it’s as simple as elon actually thought lots of people would really spend their bitcoin on a tesla and when it didn’t boost sales, he’s trying doge because the average doge holder doesn’t think it through so hard?
>many projects like bch and bsv has tried all this. and failed. failed because the tech does not work or that no one really cares about more versions of btc?
i do not know why people listen to musk about anything. he's just an idiot with too much money to fail.
congrats elon you solved the blockchain trilemma in one tweet... just increase the block size and speed up the block time brah, why hssn't anybody thought of this? oh wait...
musk is not a mathematician, programmer, engineer and barely had any scientific credentials. he had a track record of promoting 10x this, 10x that, and proving to be very mid-market (eg his tunnels like for like are not even close to 10x cheaper, they are on parity with anyone else digging holes, and comparing the cost of a bare hole with a full rapid transit system is a total joke). there's nothing he has to say that is of any value, and he is absolutely worth ignoring.
elon is not your friend
the more he says the less i like him
there's already some coins out there with much better tech, high speed, low fees, low energy, and with defi and sc. why he is solely focused on doge is just beyond me.
can't he be done for stock manipulation? i am just curious seem like he just pumped and dumped bitcoin.
this asshole needs to get off twitter. he's become the donald trump of crypto!
when is the sec going to investigate elon for market manipulation? i would be very curious to see his trading history in conjunction with his tweets.
so elon musk is advertising bch now. awesome! the fees are cheap and it actually works. it only took an engineer to realize this (math is hard comparing .001 fees). op is spreading nonsensical lies by stating that bch has failed. it is growing rapidly and actually works with low fees. by this metric it is bitcoin that failed with their .
you're saying elon musk just spews bs? like inventing the subway? or how about the hyperloop, better yet how about his creation of tesla or paypal? the guy is just a straight asshole who's good at pushing others out. but for some reason people love him but hate jeff bezos go figure.
elon could not pump and dump . hell his company tesla only made a profit last quarter because of crypto trading... lmao
musk is starved to be part of "the conversation". whether it is kids trapped in a cave, or joe rogan, or crypto. next he is going to be microdosing lsd and mushrooms and starting a retreat center for spiritual growth.
bch hasn’t failed you lost me there maxi
i think its less about his being dumb and more about him trying to manipulate it. i wouldn't be surprised if this is stage 2 of his plan before he supports a more obscure network that uses a more modern proof of stake mechanism, or launches his own blockchain -- after "proving" bitcoin and doge have "failed" ' afterall, do not forget, he was a founder of paypal, he is tried this before.
i’ve lost a lot of respect for him and i absolutely despise these cultists who worship him. fuck doge and fuck these elon cultists. and fuck elon too.
i am a supporter of elon and what he’s trying to accomplish, but he fucked up with bitcoin announcement! it’s total bullshit and he should get sued, get a penalty and be banned from twitter at least for a year! you are telling me a genius that spent .5 billion dollars on buying bitcoin didn’t know everything there is to know about bitcoin before he spent .5 billion? and now he has a problem with how it effects the environment! what a load of crap! this was all market manipulation and we are slowly realizing few truths about elon! and co creator of doge was right! snl was cringe and elon is more and more self absorbed!
lol at elon reinventing bitcoin cash 3 years after it failed
because that would destroy btc and ethereum, they do not have the same support. like it or not, doge's market cap has exceeded tether. that is insane. imo your opinion is driven only by bitter sentiment, and greed. you do not want to be wrong. i do not really care if i am, but what he was saying was effectively teasing btc, because he knows, like you do in the quiet spaces of your mind that you have left - that the market cap is the problem. sometimes overcomplicating things is not better its just busy, and easy to mess up. gas fees on eth and btc are insane by virtue of their restrictive nature. the mistake was treating them like anything but a store of value, or currency. that is what cryptocurrency is created for.
the cynical hate in this sub is unbelievable. clearly greed has rendered most of you incapable of thinking spherically. if op thinks he is even 1't be here winging like a little bitch complaining that the nasty man said something he do not understand. ffs take a step back and look at the bigger picture.
did he actually embarrass himself or do you not like him?
doge to the moon! 🚀
if elon really wanted those bullet points from a cryptocurrency about increased securities and low footprint he would talk to charles at cardano.
coming from a guy who hasn’t started an electric vehicle company, is litteraly launching rockets and implementing computers in brains. yeah you’re way smarter buddy
its funny to see how many experts there are here knowing more from the couch eating doritos and drinking coke, than a guy that is making spaceships landing comming back from space. im not saying he is wrong or not (as many here does, probably knowing nothing about) but apart from your personal simpaties , can we give some credit to elon? the guy is not stupid and for sure he is not going two steps behind a regular user here throwing teories. expect the doge.
that’s what they said about electric cars...don’t underestimate musk. he has a point. last time i bought something with crypto on the ether network i had to pay 10%!!!!! to do the transaction, and waited about 2 minutes. i could have used a visa, got paid back 3% in points for my purchase, and would have taken me 2-4 seconds to transact. so...tell me why ether is going to work for the average joe out buying crap from china on amazon? no. i doesn’t work, so where current platforms are failing, musk will fix it and make another 10 billion while you guys will still be mentally masterbating about bitcoin like 10 years from now. like mark cuban says, the most usable coin will be most used in the future.
fuck elon and fuck doge. trust in good projects, not jokes. bitcoin, ethereum, cardano, polygon... these are serious, good projects. ' my 0.02$.
maybe he is trying to get the passes to learn about crypto...or maybe he is trying to learn about crypto? tbh the guy talks about 1st gen crypto and we have 4th and 5th gen cryptos now.
maybe he believes he can make it better ?
imagine thinking crypto reddit has any knowledge on this either when 90% of the users have , millionaires don’t come to r
lmao y’all just butthurt
i dont buy this take. the argument that bitcoin is tried and true and cannot nor should be changed, nor can ever be beaten is losing. elon has exposed btc as a bad for the environment (please don’t reply telling me about how the minors are all renewable), that’s like saying chevron is green. and if doge is just a vehicle for change lead by one of the most influential entrepreneurs of our time, let it be. let the best coin (or no coin) win
may sound crazy and met with hostility, but elon seems to have put together teams and accomplished things others said couldn’t be done and weren’t trying to do. it’s not insane at all to think he could put something together like this
time someone organised a 51% attack on doge.
even more cringe than the tweet was an upvoted reply (on r)~: “i don’t know what this means but i like it”
did you guys see adam back’s replies? :)
*money on the table*. and here i thought i'd make it 24hrs without another elon post.
how do you explain all of his success?
his tweet is a testament he does not understand blockchain nor does he understand bitcoin mining and its effect on climate. its high time we stop idolizing him and look up to him for inspiration.
when the cofounder of paypal doesn’t understand payment systems 🤔
dude you guys are little girls jesus stop complaining...
he’s not a genius.
the world is changing right before your very eyes ... evolution is a slow process
i’ll be honest. elon musk doesn’t know shit about crypto... but, he’s also a super genius who privatized space and forced the auto industry to go electric. i don’t own any doge, but if elon wants to take doge to the moon, he’ll figure everything out about crypto and he’ll make it happen. the number one thing i’ve learned about elon is to never bet against him. that being said, buying doge right now is the same as spitting in the face of every other crypto project.
i'm starting to want musk threads banned from this sub. giving him attention serves zero purpose. maybe i'll figure out how to block musk posts in this sub using res. hm
could it be that there are not any really positive news for tesla and that he therefore thistracts 24?
this is the best post on cryptocurrency imo
that’s nano, though? like, right now.
bch is actually not failing at all and keeps the bitcoin as intended damn useful. adam back wants to sell lightning and such, satoshi knew that it just takes the increase the blockchain to have siper low fees and instant tx. maybe its time to stop drinking the core-maxi juice and actually look into technicals.
how has bch failed in doing this? it’s been a total success with low tx fees and lightning fast (pun intended) speeds compared to btc. it’s gaining market acceptance and the recent price action reflects that.
care to explain why bch and bsv has failed? bch is the only crypto i’ve actually been able to use as a currency so far... extremely fast transactions and the fees are fractional. the community is probably the friendliest i’ve come across so far.
>why satoshi did not think of this. satoshi and gavin were in favour of a block size increase. 1mb blocks were to prevent spam when transactions were less than a penny and supposed to have been increased once transactions got more expensive.
the problem is that all this will be achieved with more centralization. dogecoin cannot be the solution, contrary to what elon musk would have his followers believe. michael j. saylor's response to him is very accurate: >"the world needs a decentralized, secure, deflationary store of value like bitcoin much more than it needs the more centralized, less secure, inflationary medium of exchange that you describe above." bitcoin is the best solution for the future, not dogecoin. don't be fooled by elon musk.
i’m gonna get crucified for saying what i’m gonna say in a crypto sub of all places, but your post made me do this. first - you’re absolutely right. second - musk doesn’t have a fucking clue and he is (from what i can tell) just blowing air. he’s riding his short-lived positive gust of warm fart back from when he flinched and saw that btc. doesn’t make him the authority on crypto. third - he back-pedalled on btc for a reason. he got info that most others didn’t have. as if someone told him something that soured his support for it. this gets tin-foil(y) and i don’t do conspiracies, so let’s leave it there in the dark. fourth - crypto may be a good thing for providing independence from state, but itself it is not a good or net positive force. i’m not saying this to change anyone’s mind. not to judge anyone who owns . but the amount of waste it created in just a short space of time makes me hate it as a concept. first with energy consumed and sheer volume of graphics cards used and now with coin like chia - volume of hard drives needed to viably mine. making a significant contribution to basic components being unavailable -stocked world-wide and contributing to hardware waste when the one’s used to mine it die en-masse is really not a good trait for a currency. i love the concept of blockchain, but i hate what crypto has become in order to become widely recognised and adopted. i really do hope this changes soon, because it’s really hard to get excited about something that’s contributing to making our environment worse.
yo, be careful who you call failed, bch is alive and kicking, it’s a great coin with many use cases unlike btc. but anyways elon is a prick that i agree.
this sub is becoming cancer with all these hate circle-jerk posts. you are only moon-whoring and making him more relevant in the process. grow up.
what do you mean, bch, bsv etc have failed? they're still working just fine. that whole "it has a bad effect on decentralization" is such idiot btc zealot propaganda. nobody - very much including satoshi nakamoto, who wrote stuff to this effect - who has a brain thinks you can run a world-spanning financial instrument on raspberry pi's in people's bedrooms. bitcoin unlimited tested with gigabit or byte blocks with the bitcoin code and reached 2000 tps, so there is obviously a lot of headroom in even these cryptos to be much faster and cheaper. not increasing the block size is more a religious choice, not a scientific one. visa is decentralized in the sense that they have many datacenters all around the world. because they need multiple huge data farms to handle the thousands of transactions per second that go on. the same would be true of any cryptocurrency who reached the level of needing thousands of transactions per second. this is true even of coins that do proof of stake, most likely. you still need to move a lot of data around 24. bitcoin has proven exactly one thing, and that is that people will buy the big name every time if they do not have a fucking clue how this stuff actually works, they just buy that well known bitcoin thing... dogecoin is a joke, it should be allowed to remain a joke, and sadly bitcoin too is mostly a joke. bch and bsv are also looking like also-rans sadly because they do fundamentally have the same flaws that bitcoin does - proof of work, and a very inefficient design overall. ethereum is transforming itself into a real contender though. proof of stake, sharding, zksnarks and all that other stuff that will speed things up immensely and make the coin capable of actually serving the world.
have you guys watched what's micheal seylor called elon musk. lol " comedian" and "fool" hahaha
he's an expert in everything nowadays
*elon* aka **manipulator** at this point he is just trolling about dogecoin. there are many coins out there who are environmental friendly and work perfectly with his ethics. this guy is just pumping the market and dumping whenever he can. he needs to be investigated for sure.
can you explain why it isn‘t working like he said? i mean his track record shows that he can get things done.
in what way has bch failed? has it failed to be a profitable speculative investment like btc, or has it failed as a currency, like btc?
when will people realize that bitcoin is only that popular because it was on the market first and for no other reason? how many trains do you see today that still run on coal?
his reputation is definitely already tarnished. the only thing that can save him now is if he finally learns and publicly dump all his doge for eth or ada or any other good projects
wtf is this misinformation. bch did not fail, its way faster than bitcoin. satoshi had recommended an increase in block size. one of bitcoin's earliest devs gavin anderson had proposed an increased in block size but the community rejected it due to blockstream devs like adam back proposing a side chain like lightning network which is totally a failed product.
he's going to release his own coin which solves 'all these issues and problems' with current cryptos, this is the seed.
please explain how bch has failed
>bitcoin has proven itself again and again over the years on why it is the king. it really is not. it was the first cryptocurrency and it is by far the most popular among the general public. that is literally all it has going for it.
i am afraid that fuck musk might launch its own crypto and sheeps will definitely buy it without thinking for a sec.
should have him and cuban take a course or something. they’re both pretty damn clueless
i thought this was going to be a revelation on how elon musk knows nothing of crypto but you actually said nothing in your breakdown. you literally are just like what he said won’t work. bitcoin strong!
he makes me cringe so hard, he has the biggest ego i have ever seen.
satoshi was in favor of on-chain scaling: in his first email when he introduced bitcoin, in oct 2008, he said that bitcoin could scale to visa levels with the hardware of that time, at a fraction of the cost, and that bitcoin never hits a scaling ceiling. actually bitcoin did not had a block limit in the first version, the 1 mb was added in 2010 to prevent dos attacks, someone suggested satoshi to increase the limit, but he said "do not do it, it will make you incompatable", and suggested this: "if block_height= n increase_maxblocksize" i agree with bch, we can increase the blocksize limit with increments sometimes, we have 32 mb blocks today, in 4 years we can have 128 mb, and so on, while doing some software updates to improve scaling (search about xthinner and smartbch) about bsv, i do not know much about this crypto, very skeptical since it was created by faketoshi, but they have a unlimited block limit, wich is dangerous, exchanges demand over 1000 confirmations to do a deposit, since the risk of orphaning is high.
man i hate x person. my opinion really matters because i know so much. i’m just going to contribute more hate in an attempt to get people on my side so we can hate more. that x 1000 this comment section. a sub for cryptocurrency.
bitcoin definitely needs to be improved upon though, the power it uses is fucking crazy.
elon is a donk. starting to realize he knows little to nothing about crypto
jesus christ guys you're like a clingy ex. let it go.
billionaire hate is so hot right now!
that’s why ada took years of research to do this properly. scalability to serve up to a billion people using smart contracts and no delay in transaction and minimum transaction fees. eth is the aoa dial up internet and ada is the broadband. the man is even thinking decades ahead to prevent cardano blockchain to be free from quantum hacking! proton chain will be the new bank for the people. btc remains store of value.
sorry, but how did bch fail?
everyone just assumes genius billionaire elon musk must know all about crypto, too. ![gif](giphyceen6u57leahi)
elon musk is a sneaky little snake never forget he is up to something and it will be bad for cripto
the king beanie baby isn’t much of a kingdom
please do not spread misinformation about bch.
go ahead and assume you’re not as smart as elon. it’ll help.
does the whole of r? he’s saying that’s what would make it number 1, not that you can just magic that into existence. i thislike musk as much as the next guy but this tweet is equivalent to saying “tesla needs to boost production by 10x and lower employee turnover by 50x, then we’ll be the best car manufacturer in the game”. it’s not a statement about the means of doing something but about what something needs to be.
like it or not, elon. would it have climbed there on its own without them? probably much much more slowly. most bitcoin maxis were excited when tesla bought, assuming elon was one of them and had seen the light. as long as he embraced bitcoin, they were willing to laugh off his dogecoin jokes, not understanding how a person like elon operates.
lmao glad everyone in here is a crypto expert, otherwise i would have never made thousands off of doge coin. oh wait.
not only the industry has had extensive thiscussions and forks about the block size and block time. elon cannot even address issues on monetary policy to make a viable medium of exchange.
i really think elon is going to make his own coin and he’s just creating a fallowing. muskcoin is coming
someone should make an elons bs compilation
elon is not and never has been a smart scientist, engineer or otherwise. he is a businessman
the problem is all the people who think dogecoin was worthless before elon. y'all need to quit acting like he is the only reason it got big. it's really not, and he wont be the reason it falls.
the amount of hate of this sub of elon musk is absolutely pathetic. find a new cause to fight
you guys loved him when he made you money with bitcoin, but now you hate him because he isn’t pumping your juice anymore.
elon is a troll and you embarrass yourself by taking his tweets seriously
every post in this sub: doge coin bad
heres a list of elons lies and deceptions. have fun fan boyeees.
all this gives us a good glimpse of how the world works. elon is thisplaying a mix of superficiality, egotism and malicious intent, surrounded as it is by a cohort of yes-men and asslickers. power is a subtle drug, masses need always a messiah and never underestimate human stupidity.
this sub needs to stop greedily waiting for tweets from elon musk just to read some abstruse theories into it. seriously, you guys are poisoning the climate in this subreddit. there was bitcoin before elon musk, and there will be bitcoin after elon musk.
my opinion is he will pump doge as much as possible then crash it and start his own coin.
“my fake thing is better than your fake thing!!!”
except for the fact that transaction speeds are just one aspect of dogecoin. dogecoin is successful for multiple other reasons. not just transaction speeds. you’re using elon mentioning transactions speeds as a way to down play dogecoin when in reality the current transaction speed and fees are already sufficient for the the current demand. increases in transaction speeds are a future scalability problem and in no way take away from the fact that dogecoin is already a highly successful cryptocurrency
decrease fees and increase speed by increasing blocksize? wait, he is speaking about dogecash, right?
cardano is getting there. still decentralised yet amazing scalability (they have always build it with +1 b people network as a target). it's doable, it is just really really fucking difficult. for context, there are around 270 people working on ada and 3 part time devs working on doge. so yeah, elon, doge is definitely not it.
how do i buy banana before elon pumps it. elon loves shitcoins and he is catching up to 2016. he'll be in 2018 soon.
algorand already does everything elon is looking for...
who will reach ? doge or bitcoin ?
i think it is pretty clear that elon is just using this as a marketing ploy. he claims he did not sell bitcoin. why would he do that if he did not care about bitcoin at least a little bit? it seems, to me, that he wants doge and bitcoin to succeed. i think he used his large bitcoin purchase to get headlines and shilled doge to stir things up. now it seems he is been developing doge. what i take from this is he simply wants a shitty payment currency. he got it from hedging with bitcoin and hijacking a coin with meme status. i think everyone should relax and get used to a new player in the top ten with bitcoin not really affected in the end.
elon musk destroyed btc and wreaked a lot of the alt coins prices too he’s trouble
elon clearly does not have a clue what he is talking about. 78% of bitcoins electricity usage is from renewables. the source provided in the video link i have sent is more recent and is sourced from deutsche bank research, chinese national energy research agency, morgan stanley research, eia, and coinshares research. 77.6% of global bitcoin mining is using renewable energy while 22.4% use fossil fuel.
curious how bch and bsv have failed aside from not attracting enough hash rate due to less profitability? at massive scale and usage the network would be very secure due to increased decentralized hash, correct?
can someone please tell elon about algorand.
it’s just hella funny seeing maxi’s loose their shit 😭😭 “bitcoin is king” is gonna sound a lot like “aol is king” in a few years
if you want ez money, buy doge simple as that
what's wrong with asking an open ended question? stop busting this guys nuts over everything
you doge haters need to just shut the fuck up, accept that doge is a thing, and go cry into your piles of money you earned from bitcoin. ffs yall are annoying as fuck
everyone is this sub are just a bunch of salty haters
can we please stop bitching about elon and doge? y’all salty as hell.
doge to the moon baby yeah !!!!
if you see elon’s track record. he doesn’t invent things. one thing he is good at is take an idea and make it viable, work efficiently like the ford of previous generation. financial transactions: paypal , electric cars : revolutionized that space., though battery cars have come and gone since 60s & the first fully auto-pilot car? wow space: reusable rockets. how come nasa didn’t do that? battery industry & charging: speeding up the charging to almost practical timings so in crypto may be he is naive now, but he is such a genius, if he puts his mind to it, he will figure out a way. he is not a dummy either, has a pedigree from upenn & stanford(dropped out) he is the modern day ford, ethison & jobs... counting on him 😂😂😂
elon musk embarrasses himself on the regular. this is no surprise.
dude is a clown with alot of money and people agreeing with him all day...
it should be illegal for public figures to shill dogecoin we do not know his motivation and it should be thisclosed i hold dogecoin and i do not like the elon manipulation
actually. crypto twitter has just embarrassed themselves in front of the world. jeez you people are petty. take all your butt-hurt to a good proctologist and see if they can help - dragging the dude on reddit is such a 2013 narrative.
1) many people a lot smarter than you have confronted elon over "you cannot do this" on most of his projects and they have all been crushed when he succeeds... 2) he is not saying this from a perspective of not know about crypto and the financial markets he build an entire payment system so he knows what it will take to be a global currency so we just have to figure out how to get to those numbers in a secure and decentralized why...witch exists even if you cannot see it yet... 3) all this bashing of elon and dogecoin is leading to the destruction of value...every-time on of the bitcoin bro's trying to act high and mighty and attack elon and dogecoin bitcoin crashes in value taking the whole market with it...so instead of attacking dogecoin and elon maybe try and listen and provide detailed constructive criticism so we can all moon or you just killing yourself off...personally i think people should move to ltc from btc as it is a much less toxic store of value...
are all crypto forums as cultish as this one? new to crypto here, and you guys seem like douchebags.
this sub should be renamed ... this is so annoying to see people bitching about elon, look how stupid he is, doge coin is shit, doge is bad, do not invest in shib... ugh... can you seriously talk about something else? this sub is becoming so lame right now. the best thing you can do for them if you hate doge and elon and shib that much is not talking about them! just put them in a corner and you'll never gonna here about them anymore! by talking everyday about them you just add fuel to their hype, you keep the hype alive and well...people talk more about them. if you're that desperate for them to fail only one solution! stop talking about them!
it just sounds like you’re all mad because you didn’t get in early enough. 🫖☕️
you sound like someone who is jelly.
quick someone name 10 cryptos that do this already
i would love to hear the “conversation” he had with the doge developers. i’m imagining him sending a couple of dms and getting a “don’t me” in response.
guys im think it is going much more in detail, in january or february he had a fork in the street picture on twitter, which was a hint to cardano fork happened. i bet my anus some days the ada push will follow, like.,, we found out ada is 4667543 more efficient than doge"
elon is a 🤡 and a total noob
elon is just a manipulative asshole with money and a weird god complex.
this guy literally converted 8% of tesla’s treasury without knowing anything about crypto
nano, one, would be shilled by elon.
thank goodness. i really hope he loses his crypto guru status and people see him for what he is, which is, among other things, an absurdly wealthy technocrat with a questionable grip on reality.
imo part of what he was saying was that until a coin can do what doge "could" do with these increases in technical specifications, then no coin was ready to become the digital currency
elon is a shill - wake up
what a dickhead. i wish he would stayed away from crypto completely.
he can call it litedoge cash.
elon is in love with doge for the memes and he really wants to push it for the future. in order to validate his love for it, he is trying to get it to compete against btc to legitimize it. unfortunately, he is blinded by meme love. the lion's share of crypto market cap is from speculation, which means people will want to hold their positions. the % of people buying teslas and other goods with crypto is so low because they bought it thinking it was more sound than their fiat currency. so most cryptos that do not have deflationary properties and cannot be seen as a value of storage would not hold value long term.
how can i have my cake and eat it too?
actually there is a blockchain that can change the numbers -- tezos. tezos is the only blockchain that has a completely upgradeable protocol to integrate whatever upgrades may be introduced into the crypto space further down the line, and has already successfully upgraded the network 6 times to date. if you believe in a technology that cannot be upgraded without a hard fork, i'd ask if you'd buy a phone that could never be upgraded beyond it is initial software. the fact that this is not well known (among other killer tezos features) blows my mind.
elon is playing ignorant, he understands the basics of scaling and the problems with big blocks it is just game theory
electrical computer engineering here i love this post. bitcoin costs more energy to mine for a reason sha256 is more secure than scrypt which doge uses. speed and efficiency comes at a cost. there are tradeoffs.
oh no, not crypto twitter!
is he willfully ignorant of crypto like nano or does he actually not know that crypto that fulfills this requirement already exists? does he think that the only cryptocurrency that has ever been invented is bitcoin and doge?
i'll say it again because i love saying it, even though the reasons for saying it constantly boil my blood: fuck elon musk.
if people cared about efficiency, solana would be the cryptocurrency. it is ranked pretty high, dont get me wrong. but clearly people are attracted to more than speed, efficiency and usefuleness.
as you can tell, elon's tweets have begun to have much less of an effect on the price of dogecoin. the reason is evident. edit: also, what the hell does my flair mean? i feel embarrassed having it say wallstreetbets, lol... i mean, yeah i fucked around with gamestop a ton, but... i fucking hate stocks.
just wondering why elon has chosen doge to manipulate its price?
yeah i was thinking the same yesterday. haven't we had this whole thiscussion with btc and bch last bull run? i wish elon was not so unaware of everything concerning crypto
what happened to first principles?
i would say let him do his thing he will learn.
adam beck replies in the thread and randoms chime in saying “y’all think you’re smarter than elon.” its idiocracy, headed by a smug idiot. it’s like the sub that was going to save the thai cavers, or musk’s ventilators that didn’t work. his ego is a problem, bc he doesn’t know when he doesn’t know.
he has aspergers. might be the reason he;s so erratic
there’s already a coin out there that does exactly this. it’s why bitcoin, ether and other crypto developers are shitting on iota so hard - they know it’s the future.
one day we'll look back at all the post about elon and say ...!
he needs to stfu and stick to playing rockets and alien children
meanwhile , in the r...
elon is a brilliant man but he is lost his focus. tesla is losing market share as other manufacturers catch up, you have chinese ev companies gaining ground and killing telsa in chinese market and elon decides it is a brilliant idea to go after bitcoin which added billions to keep tesla's books in the green last quarter. without the bitcoin gains the stock would have plummeted. my predication is if he tweets about tesla accepting dogecoin he is going to be forced out of tesla.
>the solution is not to just change numbers. it is for rich guys playing finance.
it’s wild to me how many people still don’t see elon as the grifter he is.
don't listen to this bullshit propoganda. don't listen to elon musk either. dyor.
relax ' bitcoin has proven itself again and again over the years on why it is the king. and projects like ethereum are working for years to scale in this perspective.
looks like he is writing ironically about crypto since the beggining of this year. new mcafee is here
also seen some info that he has been working with doge devs since 2017 to speed up transaction. seems like insider trading to me. does he not have a conscience, the majority of people will see his post and invest in doge, not knowing it is a pnd and once this bull run is over soooo many will get rekt. look past what he is saying, he is a joker and likes to talk it riddles, he has opened pandoras box on green crypto and now there is o closing it. doge is not the way, dyor and see what is 👀💯
remember how he said he was talking to dogecoin devs about it? [ i wonder if one the people (or two of the people) posting here are actually elon...
thank you for saying this. i’m hoping so badly he’s charged for what he did this week.
sounds a lot like digibyte
should post what the dogecoin founder said too and how bad is the "bad effects" on network security and decentralization lol
i love how people are assuming elon musk is an idiot with close to 150 billion dollars. dude is an expert in market manipulation, he just knows he does not need to be honest to influence investors.
i seriously think this guy is just fucking with everyone.
while doge development is not as dead as some people think the idea that they could handle such a task is optimistic at best. the idea however that you need heavy hardware to run a beginner friendly meme coin is downright depressing.
how did bch and bsv fail? please eli5.
i think he post this bs when he is high on cocain
i mean i'll always keep some btc for the time, but i never got into it because of him. with that said i'm a bit glad this happened because he is not infallible he is smart, but come on the cult like following he has is where his power is but that should not make him immune to criticism.
can we just stop talking about this clown?
i wonder if anyone actually bothered to read the tweet that op link? i'm not sure if english is not ops first language but elon never said that block time 10x and block size 10x equates to a 100x drop in fees. the '&' in elons tweet i think means 'and'. he also never implied he had the answers, simply putting his ideal situation for doge winning. grasping straws to find something to either adore or hate elon is getting boring
he sure likes to act relevant and act like the crypto economy revolves around him.
not an elon worshipper but who knows with his unlimited resources he can get the best brain for this.
musk should stick to doing charging ports.
has he deleted this tweet?
i cannot wait to get some musk money...elon e-coins...tsla bux
>why adam beck did not think of this and why satoshi did not think of this. and why adam back and satoshi have never been seen in the same room together? so many questions...
i’m in a car page on facebook. every time someone is looking for a car there’s always one guy that says “don’t buy a car bro put it all into dogecoin”
suppose they actually did just that tomorrow: 10x block size, 10x block time. what would actually happen to the dogecoin network, and how fast would it happen?
he will remain the dogefather and never become the cryptofather.
anyone else thing elon is trying to exit doge and enter the real coin he is going to accept? this would maximize profits. i think doge is a decoy. the coin i suspect he will actually pick has been quietly pumping (not ada) while the entire market is red. someone's accumulating it.
it’s not going well for him on ct that’s for sure 😄
he does all of these manipulation for a reason, and he is businessman afterall. what is the catch here
how long til he is offering to eat his own dick at price points?
the sec is gonna come for elon within the next thirty days. it’s gonna come out that he bought bitcoin after he tanked it.
has anyone seen the videos from elon’s first wife describing how he treated her in their marriage? he gives off major scetch vibes 😬
got some money in doge and i’m fully expecting to be screwed over by elon soon… this dude is out to make money. i don’t blame him. but he’ll totally screw over whoever he has to.
im happy i sold my doge with a little profit. sure it can reach 1, that its not even funny
"working with doge devs to improve system transaction efficiency. potentially promising." equals: "pump those numbers up, those are rookie numbers!"
the king... has no clothes.
crypto used to be a huge sale
elons a genius but he does not know shit about crypto
my concern is that his tweets are going to result in greater scrutiny and regulation by the sec. crypto needs to remain unregulated. if he were tweeting about stocks this way, he’d be in trouble, and i think the sec hates not having control over it. he’s probably making a ton of money by manipulating the prices the way he can.
i agree entirely and i think doge is going to crash and burn, leaving a lot of bagholders and i also believe this is just a game for elon musk which is really fucked up. i bought into doge big time though so i can make a little money and get out before shit hits the fan. so far i tripled my money and i'm holding because i know what's possible but im probably gonna sell before a dollar because that is when the 5 whales who own 80% of the supply will cash out.
digibyte does exactly this. i wish it would get a bit more attention. its the perfect testnet for a blockchain with fast blockpropagation times and still 100% decentralized.
i’m thinking about starting a gofundme to collect crypto to donate to the first person that throws a pie in his face.
they should not. but currently most still are. healthy exceptions exist but in the grant scheme of things they are just that, exceptions.
lol at people 2 days ago saying he is programmer and knows what he is talking, surely space engineer is a genius so he cannot be an asshatt when it comes to blockhain.
i requested cancellation of my s since his first bitcoin bs tweet last week. probably a genius, definitely unstable.
this is the man trying to colonize my town of brownsville tx and going to run out all the hispanic people that made it what it is today.
hes having a mid life crisis
after reading some comments. eli5: why is "speed up block time 10x and increase block size 10x to reduce transaction fee 100x" not the right way to scale a blockchain? why does that tweet mean he has "no idea what he is talking about" since it "did not work with bch" either.
when did every one start listening to this 🤡?
i have never ever seen musk and roger ver together. did you?
is it possible that he want to launch his own crypto?
good old elon tusk
ideally, i get paid x10 more for x10 less work and pay x100 less taxes and i am a very comfortably rich man.
wisely said. xrp to the moon!🚀
this is so stupid it has to be a joke
i count over 20 pools mining bitcoin (sv). bitcoin raised the blocksize and no centralization just as satoshi indicated to mike hearn in his email to him + his forum post indicating moore’s law would allow for the blocksize to be raised without ever hitting a transaction ceiling. btc is broke because blockstream intended to break it (either for profit or other ill intent) and bch broke their coin by thinking mediocre programmers could duct tape their short sighted “improvements “ to the coin without breaking other key aspects of bitcoin. bsv is bitcoin and if you don’t understand this you need to study harder.
it worked for bch, but took years and years of doing to make it successful. i dont know how well doge is built for changing variables to really make it a good coin.
dogecoin creator billy said 100x bigger block - 100x lower fees is easy. speed is a challenge
hasn’t nano accomplished far more than the numbers he’s proposing?
what if all this is a move by elon and some others planned long time ago?
i guess he is referring to xlm or xrp. 😅
unga. do i buy more aol?? unga!!
thanks. just don’t come near my feet.
why is this word salad getting so much attention?
did he not read the mission statement
if you want fast and large blocks, you want a sql database, not a blockchain.
just a quick word of warning - that site that the tweet is linked to has some adware on it titled "not-a-virus". [kapersky report](
lol what he mentioned was already thiscussed years ago by the crypto community. is he being lazy to research?
musk has a habit of chirping brain farts like this. hyperloop was partly that. he's not stupid but he often speaks too fast ... gotta comb the rocket.
everyone talks about how elon learned to build a rocket by reading many books. i wonder how many he read on bitcoin. whatever he comes up with, it will be more of a treat to altcoins. not for bitcoin.
" why satoshi did not think of this." ' hmm he did think of this, here are some examples. ' >the eventual solution will be to not care how big it gets. [ ' >another way they can become more practical is if i implement client-only mode and the number of network nodes consolidates into a smaller number of professional server farms. whatever size micropayments you need will eventually be practical. i think in 5 or 10 years, the bandwidth and storage will seem trivial. [ ' >the current system where every user is a network node is not the intended configuration for large scale. that would be like every usenet user runs their own nntp server. the design supports letting users just be users.
well nano has done this, they were spammed recently however, they just released a fix.
i’m honestly tired of you people. it’s as if the roof is leaking and you’re refusing to put a bucket under the leak because you keep shouting fix the roof instead. well the carpet is getting wet right now so put a bucket under the leak until the roof is fixed
i don’t even think this would work. i can actually see the argument to halve the block size and change nothing else.
crypto is so fun to drive.
this reminds me of the "the expert" comedy skit: [
this is why matic polygon has so much potential. it can fix a bigger part of the shortcomings of ether
so maybe elon should fork it and then, er, kindly “fork” off himself?
regarding scaling horizontally and infinitely, hello constellation’s hypergraph, hgtp, dag. but yeah
being not environmental friendly due to mining bitcoin ![gif](emoteemo_pack_1nooo) being not environmental friendly due to child labor, mining cobalt in africa for teslas ![gif](emoteemo_pack_1im_fine)
is it just me or do i see all of his latest crypto tweets as a desperate way for a shameless pump? jason calacanis on all-in podcast mentioned he was invited by elon to be part of the writer's table for snl and he mentioned that elon did try to push doge on snl but weren't allowed. following by the statement where they would not accept bitcoin as a payment for tesla however they would not sell. shameless pump in my eyes, potential john mcafee candidate.
looks like he deleted his tweet
please show me where he said: “just need to change numbers”? if you can’t read it without inventing facts, it is only your problem
stop trying to short doge and pump bitcoin, you cannot short.
ideally ideally? do you dumbasses not understand the word ideally?
how about a hard fork tho? do people now prefer eth or eth classic? bet dollars to donuts he’s making a less inflationary/“greener” doge. and it’s gonna turn the whole market upside down...
ah yes, trust the technocrat... please keep your bitcoin so we can track everything you do... please don’t buy monero, that’s just evil...
elon also doesnt like unions.
yeah that is really embarrasing
just from experience, i feel called out.
eli5: how is elons involvement and talk about crypto a bad thing for crypto? i have seen nothing but rise in my portfolio whenever he speaks. when he said tsla wouldn't accept btc my portfolio dropped by -5%ish but the next day my portfolio was at an all time high profit (thanks nano, ada and matic <3) i guess my take is, there is no such thing as bad press. he is generating interest through his dumb twitter trolling, and i honestly mostly find it hilarious. i have to point out that i do not invest in shitcoins and i mainly invest in top 50 coins so i do not own dogecoin and i never have
can you explain why bch failed? asking with sincere interest to learn.
why has bch failed? please explain this point to me. i hold no btc or bch but if i was to use one, it would be bch because of speed and fees.
also, i do not wanna hear a fucking thing from people about the power consumption since it is just a talking point. muskrat implores children in africa mining cobalt and said nothing about climate change or actually addressing it nor did he say anything about the top 30 companies polluting the entire planted. this is a money grab plain and simple. that's all he is. not good for us. just a money grabbing ethison fucker.
the man built a company around the idea that vacuum tubes would not collapse in on themselves as they do everywhere else in the universe, so...
damn, it is getting old. a lot of people really letting someone else think for them... as for elon never liked him and still do not.
he is totally playing the market. i got bitcoin = grab max market attention buy a few cheap fun assets that will be attractive to retail and sow the seeds of association to build a sense of legitimacy for later, using memes and cryptic clues. bitcoin is not sustainable = get max attention with an illusion of credence and transparency by denouncing my assumed big btc investment as being problematic. propose my actual investment as a solution to that problem. laugh at how easy that was...
i dont think aspergers feel embarassment
sounds like he just wants harmony one tbh.
satoshi did think of it, and adam back had other motives to not let bitcoin scale. sure, there are limits to how much you can increase the blocks and block size. but the current limits of bitcoin are arbitrary and can easily be increased. sure it would need other upgrades on top of that, but it would have at least bought some time back in 2015 to increase the block size to something more reasonable. the 1 mb blocksize was always supposed to be a temporary anti spam measure. not a hard limit.
basically, musk is wanting to increase production 100x. any other currency or product experiencing the same would see a massive value drop. rarity and difficulty in accessibility are part of what drive value overall. speeding up "prodution" and essentially increasing the amount you get per unit of production is the dumbest thing you could possibly do with a currency.
i'd be scared for my life if i was taking money out of peoples pockets like elon. some people are not laughing along...
elon musk wants to basically bch dogecoin i.e. change a couple variables in order to make it functionally superior to btc
we should just make everything 100x more good and 100x less bad
i’m fena make my own currency mayne buuuuuuut wats going to be my differientiator? why my coin? have to think
something tells me he knows exactly what that would mean for decentralization but he does not care
imagine elon musk is basically putting on a drama show with bitcoiners and everything is planned. jk
he tweets this kind of stuff every time his precious doge looks like it’s going to dip below .50 again.
elon over-extending himself again?
fucking use nano! yes i'm yelling.
i think elon also knows that but he is trying to create a new dip so he can buy btc and -let us say- top 10 alt for a decent prize. but people do not let him (which is nice). i think he is a hype like thiscman.
0xbtc is the way
whaaaaaaaaaat??? the technoking of tesla doesn’t know what he’s talking about? i fell out of my chair and broke my ass on the floor in shock at such an accusation
mmh, do not see how nano with no fees and instant transactions would again win from the improved doge.
eli5 how increasing block size and reducing block size don’t allow more transactions and reduce security?
what's wrong with bch?
doesn't adam back employ the whole team of devs that maintain bitcoin repo? all the mods on r? the bitcoin twitter handles... they're all owned by blockstream... you do not think that is centralized? what centralization issues do you think changing a couple variables to allow btc to process 2 million transactions per day instead of 400k would create?
cryptocurrency is a stupid, wasteful, and obnoxious fad built for stupid people, criminals, and terrorists.
the only upside is that some people are getting into this space because they were first attracted to buying a meme coin. lots of people loose when getting started, but then learn more as time goes on.
thanks for the advice! i only bought a little dodge to play with, just in case i managed to screw up crypto while training myself.
so he is going with cardano then?
the choice of 1mb blocks for bitcoin is complete arbitrary and blocks much, much greater could be used. not sure what your problem is with musk on this topic. it is much easier to achieve this arbitrary increase in block size in doge because of the politics of bitcoin (apparently increasing block size is the work of the devil and will allow the poors to transact on it or something).
how exactly has bitcoin cash failed? increasing the blocksize is certainly part of the solution.
elon musk has amazing ideas and thoughts, but usually falls sort for something not bad.
if it were that easy eth would be 2.0 like two years ago. can’t thanos snap your fingers and make it happen on a decentralized platform. it’s why current low cost, proof of stake coins are taking off now because we all know that takes years and even still sometimes doesn’t work out.
i cant wait till his wave is over
how have bch ams bsv failed? every time ive made a real world purchase recently it is been with one of those currencies. by that metric, btc has failed since you cannot use it as cash.
you guys should watch thunderfoots videos on elon, he does this a lot.
surprised he is this naive. maybe this will spur him to try to figure out a way? he has revolutionised cars, boring and space travel after all.
*ideally but engineers no you never meet ideals... you just set high standards and goals close to theoretical max and work at that.
the best part is that she says a crypto dev bad at math!
elon dominance keeps plummeting down
hope he doesn’t abort the mars missions 3 months in!!! lol 😂
the argument big block = centralization is just naive... and satoshi design bitcoin without block limit and have repeatedly described bitcoin has a very large block crypto. blockchain crypto can scale, even at a fraction of the cost of centralized solutions, that’s not my word. satoshi said that.
yeah he is talking shit from a technical perspective, but from a user and usability perspective he is right about the problems, just not the solutions. i do not think bitcoin is "king" because it is the best solution, it is king because it was first and it has the momentum and the name recognition. it's still not really functioning as a "true currency" because if i want to buy groceries with it i cannot in most places, and even in the ones where i can i'm not actually paying in btc i'm paying in a usd value of btc. that's not significantly different from if someone wrote an app that lets you "pay" in stocks, but actually just sells some of your stocks and then pays in usd. except that this hypothetical stock app would have faster transaction times and lower fees than most btc payments...
>if the solution of blockchain scaling was simply to change the variables, why adam beck did not think of this and why satoshi did not think of this. i do not give a fuck about elon musk, but this here is just a straight up lie. satoshi did think of it and he did speak about increasing the block size. it is just that the current thiscourse and people in power do not like it. see here for an example: [ and here for an example how it could be done: [ that is about as close to "just increase the variable" as you can get.
increasing the block size does not cause centralization. you’re just parroting a talking point.
elon musk = roger ver = craig wright. ignore them!
elon musk is just a crazy person with money at this point. also bitcoin is “king” purely due to first mover status. it’s tech is bad and it won’t be functional as an actual currency due to those limitations. etherium looks promising - not as a “ooo i get infinite money for investing in crypto” way - but you know, as an actual currency.
bch failed, lol, say that in
bch failed?... who upvotes this bullshit?
bch has not failed lol, development and adoption of bch continues at a rapid pace. btc is the coin on the path to failure because of its inability to scale, and its centralized development under the corporation blockstream.
imagine thinking bch has failed.
basically what i think about elon in a nutshell.
people would blindly follow someone who is simply rich and famous. nonetheless, what made that person famous could be completely unrelated to what he is speaking or preaching about. they'd simply believe them because they are successful
dogecoin and elon are dumb but you're dreaming if you think bitcoin is king and will remain king. as you said this narrative is so 2013 just like bitcoin is so 2013. regardless listening to a guy whose not really invented anything and is not really some super genius is super silly. people out here think he is creating neural implants himself or designing new tesla vehicles from the ground up but in reality he is just some rich guy who bought into a company and became its face.
elon musk is known for talking about shit he barely understands: most recent case is when he became a doctor and knew everything about covid before actual researchers did. elon musk is just the adult billionaire version of that kid that thinks he is an astrophysicist, the fact he actually like rick and morty is just a detail, lol. now the fact a guy like this can actually move a meme coin to almost top 3 is what worries me, because in this case the problem is with people, not elon musk.
bch is very successful lol
y'all dont realize how lucky we are to have satoshi. he understood the importance of decentralization. he gifted us bitcoin how it needed to be and stepped away. everything anyones done with alts since then has been a centralization circus of people trying to market 'the perfect coin' and a bunch of mindless degens who are all too eager to gamble their money on it. bitcoin is the only crypto that will benefit humanity because it is the only one that is truly decentralized and neutral. everything else is a giant, trillion dollar circus show of altcoin leaders (marketers) scamming plebs.
there are idiots out there who think elon is satoshi 🤣
just one week after embarrassing himself on national television too, yikes.
bch and bsv are doing oretty well right now actually
lol the amount of time this sub spends thiscussing elon instead of the actual logistics of crypto is embarrassing enough.
damn elon got everyone butthurt
bch has not failed and in some ways has realized its goal.
i mean is he advocating for the hard fork of the protocol? because how else would you go about changing blocks etc the whole network would have to approve it blablbla... you’d prob end up like the btc
im not deep into this crypto phenomenon yet but can someone please explain why musk has latched onto doge and is minimizing bitcoin?
he missed the boat on the mainstream crypto train, so now he wants to control some of it. what better way for the world's richest to grow their lead? don't fall for this, doge is doge and has its place, it is elon vs all of us, do not play more of his games.
>satoshi did not think of this. well satoshi did. the crooks that came after him declared it a crime to scale with bigger blocks and censored everyone saying so.
it’s not just him who’s on the climate tip it’s the whole world. i believe bitcoin will be huge if it makes the adjustments needed for this new push on climate but if not it will crumble. better chance with ethereum cause they’re already in the process imo but this is all just my opinion. i like to dabble in new projects too though and try to have a balance of risk. i’m fairly new to crypto though so still learning… since everyone here seems to be a lot more experienced than me can you give me your thoughts about notsafemoon it’s only a week old and it looks good to me but like i said i’m too new to know for sure and maybe there is something wrong with it i don’t see. would really appreciate the input.
not sure what you mean by bch failing because it seems to be doing quite well right now, and it is one of the few crypto coins that could actually replace fiat for daily use.
add a zero to the range of a tesla. actually why not two zeros? electric vehicle range is now 30,000 miles. let’s go ahead and drop the 0-60 time down to, idk, 0.3 seconds while we’re at it
i mean elon has always just been a savvy investor and great marketer, it shouldn’t really be a surprise that he doesn’t know how it works
question is if he knows and just wants to trick people into believing as his followers are probably newbies in this domain as he doesn’t target people who were into crypto in 2013 or 2017. i mean people get tricked by the idea we’re going to colonize mars in 2026 and by 2126 there’s going to be a billion living on mars, how hard is this?
elon musk is a business man, not a friend, not a "good guy". just one of this men who has created a marketing network on himself in order to be blindly followed by people who can be easely influenced... he's not stupid, thats not a bad guy to, it is just a human like everyone
elon musk embarrases himself so much that its not even news anymore.
i like how "serious" crypto people hate dogecoin because it is a joke, when in reality all crypto is a joke that exposes the inherent worthlessness of financial instruments (like gold and silver of centuries past). doge is to bitcoin what bitcoin is to gold.
he's doing this to flex the markets so that he can buy and sell at his optimum times... how he has not been stopped by the fed for these blatant moves is beyond me
y’all so happy seeing bitcoin at 50k talking how it’s totally normal to hit 100k even 1 mill. yet, doge hitting 1’t stand elon pumping it. literally every financial news source is pumping bitcoin. doge to the moon baby. stop crying.
it's only a matter of time before btc loses it is position to eth and there is no point in living in denial about it. younger generations do not even consider investing in btc anymore and other coins are more promising in every single aspect. we all appreciate what btc has done for crypto in general but it is refusal to adapt and change is going to cost it dearly. it's never going to be worthless but it can not compete with eth, ada and others longterm. doge is included in those others, but it is got a long way to go still. what a lot of you do not seem to understand is that fiat currencies are exposed to being faked and. security only needs to be at these high standards if the coin is worth an absurd amount of money. this is exactly the reason why btc can never be used for day to day business and why it is possible for doge to aim for these 'variables' risking slightly lesser security aspects.
just curious why you think bch failed? it has flipped the daily transaction count of btc, more people are using it as the peer to peer electronic cash that bitcoin was supposed to be, already. and it just had a massive upgrade yesterday may 15th
idk why people take elon seriously anyway he doesn’t exactly have expertise in any of the areas he talks about, he’s just a businessman who didn’t even found the company he’s known for
so the thing about the blocksize... satoshi did think about it, iirc the reason he implemented the 1 mb limit it was to prevent spam attacks at the time. but he also realized it would present a scalability issue, he just thisappeared before he made any meaningful long-term proposals to address the solution. but yeah, elon's solution is not revolutionary or even new. increasing blocksize and blocktime creates risks to decentralization and security. it's why chains like bitcoin cash have had their blockchains reorged by miners, while bitcoin would be much harder to do at this point (if not impossible).
bch is able to validate 256 mb blocks with a fucking raspberry pi. this horseshit argument about decentralization has been pissed on and lit on fire.
he's such a douche. he has these grand ideas but has 0 understanding of the implications. sure provide internet by launching satellites into space. 1500 of them that are visible at all times.
so basically your saying you'd rather see him on ethereums dick?
shut the fuck up and figure out how to not be a piece of shit. he's just a fucking guy he does not know shit about crypto and does not claim to have the authority. people are just so frail and bored of their own lame ass lives that they want to either dick ride or hate on someone famous. you suck.
wait, are you seriously declaring the block size debate over? are you kidding me? bch is working fantastically, showing thay bitcoin is the one who has "failed". if you think bch "has failed", it is because you have not done an iota of research.
> if the solution of blockchain scaling was simply to change the variables, (...) > why satoshi did not think of this. you know this is exactly what satoshi wanted to do and he explicitly wrote about it multiple times? > it can be phased in, like: if (blocknumber > 115000) maxblocksize = largerlimit it can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don’t have it are already obsolete. ~ satoshi nakamoto also another satoshi's quote in the form of an image: "[it never hits a scale ceiling]( ------------------ what bch is doing, it exactly what satoshi wanted all along and what he was talking about.
omg he is completely influencing people to buying, so that he gains credibility (even if the causality direction does not add up). first he endorses btc => almost hits 60 hints at ada endorses doge => marketcap through the roof, btc down bait and switch on btc because of environment=> ada and nano go up people think he can control the crypto with his mind, he gains clout and probably will launch space coin or whatever ... either follow the hype and make quick buck from the bait and switch p&d... or hold good crypto that is actually robust and has a good team who actually know what they are doing
to say elon clearly has no clue what he is talking about is ignorant...clearly he is a genius, he is the only one who can pronounce his child's name.
this reminds me of people on csi talking about computers “isolate the node and dump them on the other side of the router”
waiting on elon to announce his own coin.
he knows btc has a hard limit and king of deflationary assets. he wants to buy more. he is telling his 🐑 whatever to get more
uhhh how has bch failed?
sounds like you're mad
whenever i see "bitcoin is king" i immediately get turned off. you really tryna buy a gallon of milk with .000000001234 bitcoin?
i think elon is acting like he takes blockchain seriously while actually thinking it’s a con.
what, after embarrassing himself on snl? poor idiot just cant catch a break
*cardano entered the chat.* sup.
in this bull run we will basically be seeing if what once bill gates said is true or not. he said something along the lines of "people laughed on me when i proposed a graphical user interface. but i won in the end not because my idea was better but because i worked harder." so would elon with his cult fan following win by picking a shit meme coin and trying to improve on that like he did with tesla just because he has money to hire good developers or would actually existing and better techs like ethereum, cardano, harmony, polkadot, chainlink, etc etc will win? (apologies if i missed a few because no matter where i stop some will still get missed.) i am betting my portfolio on the latter because apart from making some money, my main motive was to support the blockchain tech and free the world from evil governments and billionaires and banks. i'm not backing down if a genius is on the other side. this is the *mahabharata* of our time!
sometimes i really wonder if he is not just a frontman
oh i read the tweet as doge could never become a top serious crypto because what it lacks...
since the last twitter of btc and then post about work with doge devs, lost all his credibility (to me). is like a rich kid doing whatever he wants because *fuk u.*
even if it became centralised as a result, would this make doge profitable for current investors?
he's getting ready to pump and dump doge coin now 💀
it's kind of annoying that when i and many others said this months ago...we got absolutely lit on fire.
i do not understand this stuff at all. btc if worth so fucking much. eth is getting there. what are we talking about here? we either want to get rich and bring the system down or we do not.
musk suffers from the misconception that he is smarter than he actually is... has he heard of algorand tezos icon dot ada... does he think there are only two coins on the planet?
never trust a man whose name is one letter from being melon musk
so we’re just gonna look past all the other great projects in the crypto space and place our bets on the one that hasn’t been updated since 2013 based on a meme? get that the hell out of here. does the guy ever read about any other crypto? xmr, matic, dot, yfi, sushi, etc...
replace “doge” with any crypto and the outcome of the equation remains the same. what a genius! everyone, he actually got it all figured out! our scalability issues across the entire space have been solved! someone ““ vitalik, let him know he doesn’t need to keep grinding anymore!
maybe he knows that its not that easy and why doge will never be a option. i think elon is just thinking on a other level when writing that post.
but what actually makes bitcoin better? just because its scarce? regular currency isnt scarce but we put plenty of stock in that
next generation crypto is skycoin made by the original contributors of bitcoin and ethereum
just use better tech like nano
elon just pointed out that none of the coins have value...
this might make you laugh
erhereum has been working for years, and failing miserably, at upscaling. cardano was created with all this shit in mind already
i offer a great solution. limit the amount of coins those whales can sell and buy to stop short selling and the ensuing panic. am i just a dreamer?
i really hope the guy’s enjoying the influence he has at the moment, cause if he keeps it up like this he’s not gonna have it much longer. maybe he’ll have the doge people or another even smaller community if he starts sucking up to them exclusively, but he’s really burning through all the good will he made over the last few months quick.
isn't adam back satoshi though?
does he realise he just described nano?
i thought this when he tweeted this out. if doge runs on ethereum, isn’t it subject to it’s data costs and speeds?
someone’s about to hold a bag
just use holochain, simple no?
bitcoin is great. except it’s kinda useless.
elon spent many years ignoring or speaking against crypto
why isn’t there an adhd coin?
>it seriously has a bad effects on the network security and decentralization. (please remember this) so you're telling us that bitcoin is decentralized and a couple mining pools are not controlling the network?
i cannot believe he actually said that. it sounds like something someone who wanted to fud on dogecoin would make up. like, did he really suggest this was a cure to dogecoin's scalability problems?
as long as he doesn’t go back to bitcoin, i don’t care. however, i do love dogs :)
i love how everyone here is thinking he is screwing up but on paper he moved a ton of money in and out for profit. locked in. whatever he tweets is irrelevant.
everyone’s bored of bitcoin zzzzz nobody can afford 1 it’s useless out with the old in with the new get with the program if you can’t beat them join them !
bngo is gonna take off this week lets goooo 🚀🚀🚀🚀
the staking wallet was supposed to launch april dont get fooled
promote this as his doing
it should be noted at the very least that musk has not actually endorsed pos blockchains and that doge is pow for what its worth.
pretty sure he’s just using crypto to grift. the same guy that has interns building cars in tents
i’m starting to think he does not understand crypto.
i’m uneducated. someone explain to me why his tweet can’t be seen as a goal? are we trying to say his goal is impossible, unreasonable, or just too early in computing power to achieve? are there technical drawbacks? i don’t understand the security element mentioned.
how could elon be knowledgeable about cryptocurrency ? he has been busy with teals, spacex and boring issues and gold digging girlfriends. thus no time to investigate.
elon says if we 10x this and that then do 100x this yadda yadda rocket travel, ev, solar, space travel, tunnels... at best he does say 10%.
he just grant cardoned bitcoin: 10x!
bsv is actually succeeding.
the perfect solution for fast speeds and low (no) fees is already out there. it's called nano. there's even a meme clone of it if he wants to meme.
since elon has indicated that tesla has or will sellout of its bitcoin holdings, hopefully this stupid drama is done and we can move on. his comment that since he found paypal, he is expert on money is stupid. anyway best thing to do is to ignore him. more publicity you give to his views, longer this drama plays out which wont be good for any believer.
obsessing with tweets again huh?
the problem is even if he is wrong, or simply making things up, it does not matter because his cult hangs on his every word. no matter what he is successfully reaching his goal to tank the market, and there is not much anybody can do about it
elon the troll smh sick of losing money over tweets
posts like this is what drives elon musk. he’s going to do whatever it takes to prove doge can. he could crush bitcoin if he truly wanted to and wake up tomorrow not giving two shits.
fok elon musk, people relying on his comments about crypto has completely lost the plot.
wait btc is king? i thought yearns been beating it is ass all month.
did john mcafee ever eat his own d yet?
i get the feeling he is steering people towards nano
is this a legit tweet?
bch has not failed because of large blocks it is total blockchain size is half of btc.
"even now projects like ethereum can increase the limit and make transaction fees on the chain reduce over 1000x." this is the dumbest reasoning i have ever seen on such an upvoted post.
doge is not people's coin, 'someone' else said it is and now everyone's keep repeating it.
please inform us how bch and bsv failed?
technologically how has bch and bsv failed?
how does increasing the block size to 8mb, 16mb or even 32mb make it less decentralized and less secure?
space crafts could not land in 2013 either. it's 2021 now.
i see a lot of big mad people here lmao
this literally proves nothing about btc lmao
live proof of how money and power can lower one's judgement to an insane level.
bitcoin is there because it is secure now and it was first. if bitcoin was released today there are far better projects to choose
i see one of 3 possibilities 1. elon's been hitting the hashis too hard and going paranoid turtle on us? 2. elon's trying to manipulate the crypto market for his own empire building process. 3. elon's actions are a defensive move due to a hidden threat to his empire. there's a chance that china is behind this threat, they control a significant portion of bitcoin mining, who really knows for sure how much they control. it's likely imo that is there is more chinese bitcoin mining outside china than inside it. another telltale piece of evidence is the falling model y sales in china, the clampdown on tesla regarding "safety issues" coupled with the unbridled support for chinese ev companies. (it's an open secret that the chinese have cloned tesla's tech and will improve on it) one thing is for sure and that is elon's a big supporter of the underdog. i know this sounds odd looking at his actions but sometimes in life you have to defeat your enemy on their terms to win.
it reaffirmed my belief that he’s a bit of a nob.
in general there never a magic trick to solve this is needed a new idea and when it will come all the space will change radically and very fast.
to be really honest, and in keeping the supermario theme: at the closing ceremony of rio olympics in 2016, shinzo abe, pm of japan emerged from a green mario pipe. at the time and even now a top 3 world economy. and people are complaining about musk not being serious about running the companies spacex and tesla. if its good enough for a guy who gets just a salary and serves a nation (with trillion $$) broadly on many issues to be a mario then ok for a guy more invested personally in ~1t
if you believe elon takes anything he says on twitter seriously then you should feel embarrassed.
elon musk is trying to hurt crypto... he is intentionally leading people to buy worthless dogecoin so he can take some profits and scare people from future investments in crypto. the guy cannot even make a decent car how could he possibly fix dogecoin 🤡🤡
bitcoin has proven itself to scale? what the hell are you smoking.
[he lied to us](
go read the tools on the elon musk sub reddit. holy cow.
wrg,idts, just you are an embarassment, no such thign as simplex or rightx or etc, ceptuxyuax, say, can say any nmw and any s perfect
lol cry somewhere else. elon is literally the driving force of the market now.
i do not think he meant it literally, like your boss asks to raise revenue by 10x elon is an extremely accomplished c programmer. he's out there having banter with carmack people think he is some detroit city executive. from what i've observed in his multifaceted career, you'd be stupid to bet against him
bitcoin has a huge problem that needs to deal with and it’s pow. it will in time require more energy to mine it and being there’s this trend of energy efficiency in the future i’m not too sure how can this be done.
bitcoin hasn’t proven anything. it has failed at gaining mass adoption again and again. the only reason it’s “king” is because of gaslighting posts like this
you are a child if you think elon musk doesn’t think things through - starting from first principles and leading to a collectively beneficial outcome. you are a fool if you bet against him.
bitcoin will never be toppled and if you didnt invest early you will never be rich.
people here saying elon doesn’t know what he’s talking about... meanwhile, the dude is absolutely winning in life with everything he’s done and about to do, what do you guys have to show?
yo elon musk is an innovator. not sure why you hate on him so much. is there a real logical reason or is because he’s in the other team. one of his strengths is to bring together the people he needs to have a successful project. why not just buy some doge and get on the team? he’s successful billionaire. isn’t that which you all strive to be?
paypal, spacex, tesla ...hundreds if billions of dollars, a network of the brightest minds... i do not know anything about crypto or the tech, but i'm betting on the underdog chance that he can do it. i've fought impossible battles for years and came up with .00001% chance of working solutions and won. i'm gonna bet with him. we need to try harder to win, not give excuses why it would not work.
lol every post on this community is just shit talking elon. the man has a goal for the economy and he is trying to reach that goal in his own way. you guys haven’t even seen the end result yet and is already bashing on him because he says he doesn’t like btc since it is bad for the environment(which is fucking true)and crashed the coin. stop hating on him just because he didn’t glorify a coin that you have and that you were late to the party for doge. if you had bought doge back then and held, you would not be shitting on elon right now.
elon knows what he’s doing. if he was an idiot the man wouldn’t have become who he is today. elon is living legend who we need but do not deserve!
as a complete ignorant about this subject all i’m reading is a bunch of random internet users shitting over the idea of arguably the smartest and most important human being of our generation, and honestly i would value his opinion over yours every single day…
bunch of haters in here.
bitcoin is a shit coin that will die.
bitcoin owners hard at work these days to hate on elon any chance they get lol.
>many projects like bch and bsv has tried all this. and failed. yeah, musk is the guy who lands rockets on boats that just came back from space so just because it is been tried before, does not mean he cannot make it happen. once again, the sub shows that the crypto know it all's are dumb as a bag of monkey shit. it's getting to where any advice on this sub should be ignored and do the opposite of you want to make money.
hate us becuz anus
never wise to bet against him tho
how does he overcome the supply problem? increasing the supply bt 1.5b per day means 1.5b coins need to be sold every to keep the price stable. it’s virtually impossible for the price to break .
bsv hasn’t failed... only beginning.
wow yall salty as hell. if there is not a way to do find a way, start over with this in mind. i think more of a hint than anything.
we are burning coal to accumulate more crypto, daily reminder that money is not worth destroying the planet.
wow do losers like you really exist? lol
elon + dogecoin = easy karma farming. truth hurts.
somebody missed the boat. and is jealous. do you own spaceships smart guy? lol
lol nice way to get the tweet out of context but hey you needed the upvotes right?
who really cares ? blah blah blah blah blah
holy shiba, the rest of reddit said y'all were freaking out and throwing tantrums. keep it up. we're enjoying the laugh's.
this is like saying people new to crypto embarass themselves. nice gatekeeping
> bitcoin has proven itself again and again over the years on why it is the king literally useless as a cryptocurrency, but super king bro!!
sounds like you own bitcoin lol
wanna earn quick money
actually, with an inflationary currency with perhaps some blockchain pruning this solution makes sense. it doesn’t make sense in a fixed supply currency like btc or bch though.
bill gates- create windows. create virus. create antivirus. profit elon musk- accept bitcoin payments. invest in doge. stop accepting bitcoin payments. boost up doge. profit
another bitcoin fanboy for moons.
when in reality ! low transaction fee. super quick transactions, plus kick azz devs that are all volunteer! its way green with posv2. btc and eth might have the price that is all they have.
just wait until vatalik is elon's age. stand back people.
nano exist already and is ready for that numbers ! even better 🤩
cry baby cry, ahahahahahahaahahahahahahah damn shorters
doge is the future, eth and btc will die in one year. just think about it, musk revolutionized e-cars and rockets, what have you done reddit? jerking off to anime and creepshots in your parents basement...
all of you haters talking about elon right now is just bringing more attention to him and you don’t think that’s what he wants? just eating out of his palms...
don’t you know what “ideally” means? lmfao
ethereums gas fees are fucked
what part of "ideally" did you not get? musk also added: for those bad at math, 100x higher transaction volume with 100x lower fees means total fees earned stay same. low fees & high volume are needed to become currency of earth.
yall still going to have to convert your shitty coins into doge for purchases lol.
do you not realize the plan is to flip btc. doge is the symbol against traditional finance
"many projects like bch and bsv has tried all this. and failed." lol, bch is going pretty well, my dude.
bch was able to clock in over 2 million transactions per day consistently, without mempool issues or fee bloat, by changing a couple variables... that is all it was set out to prove btc *could* do. youre saying it was not successful in that? it already proved this multiple times... why do you think it failed? are you just looking at price? you think you're smarter than elon musk but nothing you posted is correct...
all this page is, and continues to be, is a cesspool of of elitist crypto sentiment. i hope a day does not come when you need our aid, gondor.
why is this bullshit on my front page?
well just chock this up with the bitcoin cash almost catching bitcoin back in the day i suppose. yet bitcoin still stands...now...bcash on the other hand...
bsv is absolutely thriving https:/.dance
can someone please explain what is this i'm new to crypto and wanted to invest too (btw what is crypto mining)
"...it seriously has a bad effect on network security and decentralization..." did you forget to state how? or we should just take your word for it? your title and your conclusion in the post and all the explanation that follows are unsubstantiated and incoherent.
or...or... just hear me out...elon is just joking and you’re taking his tweet way too seriously.
we like the doge!! we dig the doge!!
when i see, "bitcoin" and "king" in the same sentence xd... nice post bud the fud
the legend is right
elon is turning into a nicola tesla, and dogecoin is his wireless electricity
> even now projects like ethereum can increase the limit and make transaction fees on the chain reduce over 1000x. wait a sec. if ethereum can make transaction fees low right now with a simple change, then why do not they do it, even if it is temporary until eth 2.0? if anything, that statement puts eth in a bad light, because it is saying there is an easy quick fix and it is being ignored. screw the people who think (or , as often it is when there is high traffic), we cannot put in a temporary fix like that! nooo! in all seriousness, i doubt the op knows whether eth can magically make transaction fees low by increasing the block size, or what the ramifications would be if they could. the ops post sounds like an old rant from the bitcoin people who refused to increase the block size (and just look a the insane transaction fees on bitcoin)
elon makes things happen 🚀
i think i'll take the bet on elon musk. one of the richest men in the world. literally building rockets to go to mars, he has built & sold several different fortune 500 companies. ya, i'll take his advice over this reddit forum! hahaha 💯
this is probably because doge hasn’t looked in the mirror and decided it wants to be successful .
he is just pumping and dumping. to da moon!
he is the mcafee of this cycle. time to eat his own dick.
elon is the new roger ver!
a user named satoshinakamoto7 calling bitcoin king. hmm 🤔
why do you think his plan is simply to change the numbers. that change would be facilitated with the advances in hardware and intrernet connectivity thanks to supercomputers and starlink which he is currently working on
the guy who coded paypal, thinks doge can make fundamental changes without a dev team
elon musk reminds me of bill burr's joke about ["steve job's genius"]( giving apple's engineers crazy goals and then claiming all the glory for himself.
this is the part that gets missed when elon says he’s “working with doge devs to improve the technology”. that’s great, but it’s hard to imagine that they’re as competent as ethereum’s team. you can always hire people, of course, but it just seems silly to say hey let’s ignore all this progress that’s been made and start from scratch because we like this dog meme. why not just back eth, or ada, or any number of coins that are and
if elon is this naive it shows how incredibly early we still are.
plus there are other cryptos that have already scaled, have low fees, and smart contracts.
yeah man, its insulting for people who actually care about scalabilty issues.
lmao. dude. yes. 100% underrated comment. can’t believe i didn’t put that together myself.
absolutely. at least john embraces that he is a bit crazy and on drugs. listening to him you knew you were listening to a wild man with wild ideas. elon doing it seems much more insulting. like a billionaire just fucking with everyone in the crypto world just because he can and no one can stop him. like he is trying to insert himself as the enlightened thought leader of the entire crypto space. gross.
i loled. now waiting for elon to do a craig wright and claim he’s been satoshi this whole time.
newbies will never believe how influential mcafee was back in the day. he had these selected (shit)coin tweets which instantly pumped the market ... then dumped.
can someone please explain the joke here, i have no idea who that person is
the difference is john helped envision a decentralized privacy project that is not only thriving right now but is also 100% community ran. check it out, it is called ghost
exactly. charles hoskinson is 2018 craig wright but to ethereum in 2021, bitboy is carlos matos, and i’m still waiting for this cycles justin sun... 😅
holy shit, that is such a good comparison. all he needs now is to trash his own products
honestly, john mcafee is vastly smarter than musk. but they both insane.
everyone praised him when he praised crypto. now everyone says he’s a nut. it shows how much the crypto market is really just like the stock market. controlled by an elite few.
i just sold . might as well benefit from whatever this is.
if dogecoin does not reach .
he's a sociopath. sociopaths will sociopath.
you won the internet today
definitely. question is, who is this runs carlos matos?
where is john mcafee these days anyway?
can i ask what exactly is a bull run? and how will i know when to get out before everything comes crashing down? sorry i’m extremely new to all this, i haven’t invested anymore than i’m willing to loose and i’ve tried my best to understand how the market and different projects i’m invested in work. but one thing i see come up often is this idea of a bull run and that everything will soon just come crashing right back down and i really don’t understand how to spot it or why it will happen, thanks.
whenever i see john mcafee's name, i always remember that dick promise he made which he did not do lol.
guess time to tell elon to suck his own dick. or better eat it
omfg you nailed it
if he is not, i'll eat my own dick.
i hope he meets the same fate as mcafee
rofl elon muskafee doge pumper of 2021
i prefer to liken him to roger ver, but somehow worse, seeing as bch at least has some amount of fundamentals vs dogecoin being a literal joke coin.
lol holy shit. truuu!!
wow, fuckin' got 'eem.
oh my god... yes...
more like roger ver. but i get your point
which latin american country will he try to run next?
can confirm. he is! ¯\\\_(ツ)\_/¯
so is he also going to eat his dick?
oh my god yes, he actually is tbh. are we going to see his bet be will eat his dick?
i can’t wait to see his endgame. i imagine there will be a swat team involved
john mcafee is into some freaky shit
so in 3 years time elon will be sitting in a spanish jail cell charged with tax evasion on his illegal crypto pump and dumps? 😁
so in prison by 2025?
how did you get that star and how do you change the colour of your comment?
thanks for the laugh. but seems to be true though.
no balls he runs away to spain and becomes an anti mask celeb too lol
can anyone explain to me what this means?
hahaha holy shit dude. absolute blast from the past. crazy to think it is been nearly 4 years.
lol indeed mate, thanx for connecting the dots for all of us to see... "poor" mcafee was a legend back in the day with his antivirus on dos, still remember you had to first "scan" (.exe) and then "cleaner" (.exe)... those were the days...
isn't mcafee wanted by the us for market manipulation? (and tax evasion)
mcafee was a bit more realistic than elon
once he starts doing & manufacturing bath salts maybe ?
i can’t wait to see elon to be investigated for his pump and dump scheme. he really hurts the crypto space, a space that is still in its infancy. if we want crypto to succeed we need to punish this type of attitude
i literally just watched the john mcafee documentary today wtf
that is the perfect analogy!
buy hammock stock now!
i said pretty much this about a month ago on his twitter and the masses ripped me apart lol!
then he will evolve into mark novogratz…
hahaha i’m weak! 😂 never thought of that.
i've been saying exactly this for a while now.
elon and mcafee are united in their desire to both eat and spew shit. although elon prefers his shit on a silver platter, and john enjoys his served fresh through a hammock hole.
yeah but john mcafee does not remind me of le chiffre from casino royale
he might actually be worse, mcafee was a blatant paid to shill, elon hides it behind his success in technology
you made with a comment more upvotes than i did since i joined reddit 1 year ago. nice!
any tldr on this john mcafee guy? not been in this space long enough but this name keeps popping up
hall of fame comment.
holy shit, this dude right here sees the future.
what did john mcafee do last cycle?
"if dogecoin doesn't hits , i'll stop exploiting children to mine cobalt in africa."
wasn’t john mcafee supposed to eat his own dick? and didn’t he get in trouble for the crypto pump and dump and other crypto manipulation?
can explain what do you mean?
never heard any of this story until this comment. thank you for this, you've opened my eyes to a true american hero
except john was promoting monero which is legitimately good. in an ideal world, monero would replace btc and avalanche would replace ethereum.
wow!! bold statement... could definitely be true though.
lol how much time we have till the bull market (in contrast when mcafee was started being active on last bull run)?
i want sharks with freaking laser- beams attached to their foreheads!
this, exactly this. all his tweets reek of the phenomenon know as “reality thistortion field” within engineering circles. essentially twisting reality to fool people into promises that will not be met, with shitty engineering practices. and this absolutely looks like what he does with his other companies, and his “chief engineer” title.
seriously. elon musk reminds me of the guy who does not show up to meetings for 6 weeks, finally shows up to one, hijacks the entire meeting, thisregards every point from everyone in the room, and railroads his agenda without understanding any of the subtlety or complexity of the things that are happening. he's incredibly fortunate to have surrounded himself with actual adults, because he himself is a raging narcissist who would absolutely implode his career at any company he was not directly in charge of or financing.
i can imagine dogecoin devs to just be nodding their heads in approval despite knowing upper management is being idiotic and unrealistic.
sounds like grant cardone bs "just 10x your life it is so easy what are you waiting for!"
lmao he is upper management. he’s never been successful at a venture in his own right. he didn’t start paypal - paypal bought out his failing online payments system. he bought tesla and spacex. people just like to credit him with genius because they see themselves in him and think “oh it’s attainable for me” or even worse, “i am a genius too”
have you read accounts of how he runs his companies. any thissent and you’re out. he’s king joffrey. so that’s how he can buy bitcoin and not know about its carbon footprint. no one even dared question him.
“hey doge, if we could just get you to come in on saturday that’d be greaaaat...”
elon said you do not know how math works.
agreed. web dev here, 100% the guy in management meeting with no idea how anything works but thinks he is solved all our problems.
meanwhile the dev: "yeah i thew it together in a couple of hours for the lulz"
bingo! disconnected from the ground floor, especially when *it’s not even their lane.*
i'm a software dev turned manager of multiple companies that have gone international. i hate that i'm saying this as i'm true to my roots, but we need those upper managers doing that, at least the pretty good ones. without them most dev teams would never realize how good they are at making totally shit ideas work surprisingly well. and it is rare that any dev i've worked with has done much in the way of innovation. it's frustrating but with the right perspective those shit managers do us favors that are hard to appreciate.
he sounds like trump boasting in front of the helicopter press conferences
sir, this is elon were talking about.
yeah but he is billionaire and you my friend?? your mindset is false and limited... everybody was saying, tesla will never be a car or could drive , what about now? he build a rocket with his team for 1. so for me he is achieving things you and other people saying it’s not possible because you are limited in your head. everything is possible when you want and have the right people around you...
preach. what’s scary is all the investors in doge thinking this is a good thing lol. he’s basically saying look this currency can’t make it like it is but if you increase productivity 10x it can be successful. ignore the fact it’s 53ce t currently has surpassed what anyone thought it can reach. nah ignore that lets 100x improve this and that lol. dude is crazy. straight up genius but crazy at the same time
who’s the real genius behind tesla then? (serious question).
qsk them why do not my pay is 100× more. it would solve all the problems
he is upper management, does not he just hire the best of the best, let them do all the work for tesla?
embarrassing because he used to be a software dev too (assuming he did any coding while making x.com instead of being the guy with the money)
do not worry, this is not specific to software development.
"that should be an easy fix, right?" - my favourite, often uttered by my non technical managers. reminds me of this -
this is what a lot of people forget or just plain don’t understand. a lot of the time, the people in charge of these big companies aren’t the ‘geniuses’ that everyone makes them out to be. but what they do well is hire the right people to be the geniuses for them. unfortunately, these people don’t get the recognition and instead we hold douchebags like elon up on a pedestal. on the plus side, i think a lot of this crypto saga with elon has changed a lot of minds about him and people are starting to see him for what he really is.
this reminds me of this skit: [
he has become the cancer of the crypto space man needs to stop talking about crypto. he sounds like of the 2017 scammers
elon literally is upper management.
tbf elon is far more likely to do get it done
sounds like elon to me. rich dude who sits atop tech companies but has no actual idea what the fuck he is doing, but he *has* to be right.
there's this one podcast with joe rogan he mentions that the design of the newer rockets' noses are more rounded than usual at the request of him. joe asked him why and he replied that it was for meme purposes. he also adds later on that the design is arguably worse than the sharper design for aerodynamic reasons. imagine being a genius rocket scientist working in spacex, you come up with the most optimal design for successful rockets and this mfer comes along "yea make it rounder for meme purposes ha ha" people revere elon like he is some god but half the time he dk what he is talking about. his engineers are the ones running the show with minimal credit.
man he is lossing all the respect of one of the mayor software communities. what a way to go.
it's the exact same thing with spacex being "cheaper" and the whole boring company mass transit solution. he makes outrageous claims that get airtime because they sound cool, but it is impossible to get such big increments because if something that big was feasible it would have been done in lots of smaller, more reasonable stages already
he literally is upper management. don’t get why everyone is so obsessed with this guy... he’s just a man with a lot of money who hires people to do all of the leg work while he gets credit for it
i feel this in my soul
that's because he never cared for doge coin, he pretends he is smart in areas he does not understand to feed his own ego will never forget that time he was like "use my submarine" and everyone said "no, that wouldn't work" and then he called the hero that saved those kids in the cave a paedophile. elon musk is kinda scummy.
that’s because elon *is* an upper manager.
i think thats the same stuff people working in starlink and neuralink (tesla is another thing) heard everyday, at least they get paid.
elon is an engineer himself, guy sold a videogame at age 12 he wrote in basic which he learned himself from a manual :) pretty sure the guy knows how it works.
management: "double the number of devs so we can deliver it at half the timeline." me: "get two wives so pregnancy will only be 4.5 months."
reminds me of this.
to be fair, he is upper management, the upper-est management their is. also changing those numbers is actually easy if 51% of doge holders agree -maybe that is his strat: hardfork doge, call it elon, now he has both lol.
"...and i want it done int 3 business days! let's get a scrum team nao!"
why do we pay these devs so much when they cannot even think of shit like this!!! maybe i should code - dirtbag musk
this is my (consulting) company. “just give us a csv file of our client’s data.” “ok, which data? what columns would you like?” “all of it.” “our data is relational; you need to be more specific about what you want.” “ugh, i just want a csv of their data! why did we even build this application to begin with?!”
omg this. i have worked in it for a fortune 100 company for 20 yrs and i cannot even begin to tell you the absurd comments like this from pms, managers, execs and others that have zero clue about what they are saying or how much work is involved
is it too much to ask?
>"if one woman can make a baby in 9 months, then 9 women can make a baby in 1 month. hire 8 more women!" -- every software manager ever
you are now moderator of .
has he been in dev recently? he's probably been upper management since selling paypal.
can you or someone explain in layman's terms what are the problems with the block size and time idea?
warning, this video will cause physical pain for anyone who has experienced [this particular phenomenon of upper management](
[elon is always full of shit.](
elon is also a software engineer. i'm also a software engineer and he is completely right. bitcoin cash has [256mb blocks working on raspberry pi's]( and it is actually possible to optimize systems to make them orders of magnitude faster without giving up decentralization. here's some choice quotes from satoshi > the existing visa network processes about 15 million internet purchases a day worldwide. bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. it never really hits a scale ceiling. \- satoshi nakamoto > i don’t anticipate that fees will be needed anytime soon, but if it becomes too burdensome to run a node, it is possible to run a node that only processes transactions that include a transaction fee. the owner of the node would decide the minimum fee they’ll accept. right now, such a node would get nothing, because nobody includes a fee, but if enough nodes did that, then users would get faster acceptance if they include a fee, or slower if they don’t. the fee the market would settle on should be minimal. if a node requires a higher fee, that node would be passing up all transactions with lower fees. it could do more volume and probably make more money by processing as many paying transactions as it can. the transition is not controlled by some human in charge of the system though, just individuals reacting on their own to market forces. \- satoshi nakamoto
“how hard can it be to make everything ten times faster?”
unfortunately elon is making dogecoin into the dotcom bubble of crypto. it could have remained a cool, quirky project for tipping and memes, but this misguided, uninformed hype will attract capital far exceeding the value of the problem that it solves. if you’re good at trading, there’s probably money to be made in this chaos. but what he’s suggesting is not a problem that requires blockchain. what a waste.
ufffff, thank you man. exactly what i am saying ❤️ i do not know how people cannot see this.
he’s gonna create his currency. people been saying this for a while but this just all but confirms it. what he’s asking is t a simple fix. it’s him changing everything and making it his own
i think elon is onto something. someone get me the leader of bitcoin let us settle this right now
it’s crazy no one thought about it over the last decade. what a genius
hes just keeping his name out in the conversation. the thing elon musk fears most is being out of the limelight.
spacex is not super environmentally friendly either, while we are at it.
his entire role is to hype and fundraise. it’s pretty clear that he doesn’t contribute much at all technically or from an engineering. so this is just par for the course. he started with his daddy’s emerald mine money and bought his way into tech from there.
it will work, you'll just lose decentralization it's easy to increase block space & cut block times, but you end up in a situation where your blockchain requires a massive server to operate. see bsv or bsc. if you want a really scalable payment solution and you do not care about decentralization, you can just use venmo or paypal.
the theory is that mining rigs can only process 1mb blocks due to hard drive and network limitations, so if we increased the block size certain computers that are being used for mining would become obsolete and so the hashtags would be more centralized in the hands of the people who have the mining rigs with more power. and with bigger blocks we would get more transactions so the blockchain would become bigger to the point where introducing a new mining rig that wants to clone the entire chain would take more time. take that with a grain of salt, because the people who are more fiercely defending that position are the ones that are also hired by a company that is pushing for a solution called lighting network, which depends on the fees for the main chain to be high and would introduce a lot of centralization (because basically it only works with big centralized nodes as intermediaries). in the meantime people in 2017 realized that mining rigs could already take much higher blocks and forked the bitcoin chain with higher block sizes, this fork is called bitcoin cash (bch). which by itself proves that it is a possible solution.
it'll work. bch is doing great.
tesla purchased 1.5 billion dollars of bitcoin back in march and so far only sold 10% of it. there is something more going on.
he does nothing but manipulating for his own benefits. i'm sure he has narcissistic issues deep down.
people tend to think billionaires know everything, that is why they will gladly take "investment advise" from then
not really people are mocking him in his tweets. i mean clowns will follow him but everyone else sees the circus. what elon will be left with is menagerie of his lackeys wherever he goes while everyone else laughing at him.
i've said this before, elon is trump 2.0
lol, just 10x everything bro
well obviously eth foundation are incompetent let me tell you how normal ceos run their companies, they say the word and it is done, how you think we will colonize mars by 2025?
thats his power, convincing people hes is some type of advanced brain futurist when all he really is a narcissistic rich kid whose had everything in life handed to him.
the thing is, if you post absolutely anything about elon, you get a bunch of sweet karma and moons, that is what op is doing by spamming these kinds of posts.
>we are making him relevant in the crypto community by posting about him 20× a day lets strip him of his crypto influence please... he's relevant because he is famous as fuck. people making reddit threads about him is doing jack shit lol. we need to remember that this sub is most likely just a loud minority of the crypto space. there are hundreds of thousands of people out there whose involvement in crypto is just buying whatever coin is hype at the moment (like all of the people buying doge now) and then forgetting about it and going about their day. they do not keep up with news, updates, read blogs, etc.
> musk is fast heading towards being the crypto fool. mcafee will be giving him the green jacket just like they do in the masters.
musk has been the crypto fool this entire time. i don’t understand how this isn’t commonly understood.
no, the world needs a decentralized currency! bitcoin is just digital gold, using lots of energy, and high transaction fees. ' what's funny about doge, is it makes everyone look like a fool, including the btc maximalists and the crytpo pluralists.
haha, exactly, he does not response to criticism very well.
he is so fucking weird.
elon: manipulative a**hole vitalik: **chad**, **the real cryptofather**, **the real techguy**. jokes aside, what we need is more people like vitalik in crypto. it's so fucking thisappointing to see someone like elon can easily manipulate cryptos. crypto is one of the biggest chance ever given to regular people but we're treating it like a fucking gamble. i hope people stop giving attention to this fucking manipulative guy soon.
elon = steve jobs vitalik = steve wozniak
yeah man fork it hard
and then we get dogecoin musk vision
he's just like warren buffet and bill gates and other "smart" people in regards to their opinion on bitcoin tbh... they are all smart people in some areas, but in most areas they are clueless. just like everyone else. don't hold strong opinions about things you do not really understand...
he literally does that with every area. his skill is in manipulation and using people.
it's called "the realization". see the pinned tweet here:
just give it time...
can’t wait to buy the coin elon
if you could get in early you'd be set for sure lol.
seriously, if musk was actually doing his research, which i believe he was, just not for the reasons stated by him, he would be choosing between nano or harmony.
what he does not realise is his description of the perfect cryptocurrency is actually just a worse version of nano.
elon is that you bro?
i can confidently say most people start buying. most people will continue this if it turns out to be profitable aswell. isn’t that just common sense? don’t get me wrong because i do agree with you though.
this what i don’t get about nano, it is exactly what he’s on about, it’s useable as that right now! green as fuck in comparison and fee less, if he was “concerned” about the environmental impact it would be a no brainer for this “genius” the guys nothing but a crypto karen. “i waaaaaaaannnntttt”
algorand is already carbon negative.
i do not know if the guy who started it is involved, but dogecoin does have devs:
most coins are owned by exchanges. i'm sure elon has a shit ton, but probably not multi-billions.
do not attribute to malice what can be explained with stupidity
i have no idea what they mean by that. i guess the crypto with the highest market cap is the best one, even though nobody is using it as a currency. i would say bch succeeded in becoming a useful crypto currency and btc failed at it. btc succeeded in becoming a store of value however.
most people determine the success of a crypto only by it is price and ranking. bch it is price could stabilize at 100 000 usd and the entire world population could use it once a week and if one btc would be 1 million dollars and still be number one by marketcap they would still say that bch failed. the really is that bch has shown that when it gets close to the number of daily tx that bitcoin does, even when it goes over it ... nothing bad happens to the network and fees do not change.
i’ve had similar thoughts. i think he just enjoys the reaction. he’s mentioned before that doge is just a joke.
devs would not increase block size because they do not want bitcoin to scale on chain. whether that is just because they are stupid economic illiterates, bad actors, or want their proprietary off chain scaling solutions to be adopted, or a little bit of each is up for debate. and no, bch is not less decentralized than btc. in fact, with 6 dev teams instead of one, and one dev team already run off for trying to co-opt the project, it is more decentralized
check out this very informative tweet that that explains exactly the question you ask! basically, keeping block size small allows everyone to be able to run a node and therefore increases decentralisation.
his stock holders aren’t happy tsla down . it’s backfiring on him.
you should ask the question in r, it is not true, it came from a banker funded company who also relied on btc being crippled to push their own product.
i usually enjoy this sub, but the hate on meme coin is a bit extra. i guess i did not imagine there would be so much tribalism circle jerking. isn't crypto diversity a good thing? mass adoption seems like a good thing to me to propel the whole industry. doge is fun and all but it is really just a gateway for a lot of folks. i see it as a good thing even if there is much better tech in the works.
it exists already but its not his lol
did elon land the rocket? i figured it was one of his thousands of aerospace engineers that have had decades of experience in rocket design.
to quote dan hughes: >problem is information latency & weak subjectivity leading to a security reduction. >if blocks are fast & big, then i may not have seen all the transactions in a block before i see the header. i can not validate the block so i keep mining on the best one i have. i might produce a block myself, but it is thiscarded as soon as i can validate the received block as its stronger. >i just wasted hash power == security because i couldnt mine on the best block i knew about. in the mean time, because blocks are fast many miners are producing lots of blocks for the same height. >until i have all transactions in all the mined blocks for that height, i end up continually undoing & reverting because the strongest chain i can see keeps changing. bare in mind they tried this back in 2012. elon is literally thiscussing points that are a decade old in the crypto space.
how do you know he has a stupid coding style i know people are upset at him but it feels like everyone is trying to pick apart everything about this guy like he is done nothing good at all lmao. "h...his...his coding, he fucking sucks at code toooooo" you guys sounding salty as absolute shit man.
i do not know, it works for me as a peer to peer electronic cash just fine.
you might everybody who did not care about crypto being currency moved from bch to eth. eth does not work as money and was not even designed to be money. there are only two proof of work cryptos that kind of work like money right now and those are monero and bitcoin cash.
no he did not. and btw he got fired as ceo, probably because of stupid ideas like the ones he’s sharing on twitter
yes. any sort of core code change like this would require a hard fork and miners would likely not agree to this and the network would tank.
this guy is a larry ellison before he took interest in the americas cup. if social media were around back then ellison would be pulling the same shit. taunting gates, propelling his cult etc. oracle is in the right business with killer margins unlike tesla, but it crashed and burned against microsoft, google and to a certain extent aws, because at some point talk becomes cheap.
they have not failed. btc has failed.
his company x.com was a piece of poorly coded crap that he had to pay people to use and competed with the actual paypal. after getting sick of putting up with x.com's crap the real paypal actually bought him out but did not use any of his company's assets. the guy is a grifter that just happened to be in the right places at the right times to fail upwards due to the work of others.
how did elon expose it if everyone already knew the premise and it is been a topic of debate on this sub forever?
lightning owns your shitcoins
yeah people are caring a little too much here... kind of crazy how upset people are right now from a dude tweeting...
both are susceptible to 51% attacks
more like facts. i'm not another moonboy who just wants to pump a coin. tech matters.
never heard of the paypal electric car, interesting.
the best brain… to work for dogecoin. no way.
stellar? can't you just say which coin you're talking about?
it results in state bloat, and the bigger the state, the larger the computational requirements for nodes which ultimately leads to centralisation.
it did not fail, op just making fud up. ltc is another contender.
nothing, it just got an anti-fanclub for actually scaling bitcoin.
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then say that btc failed in r.
there's technical issues with increasing block size that would lead to the currency being more centralized.
tesla stock is down nearly . karma?
until you know he gets bored of doge in 3 weeks and dumps that too.
if the chinese cloned his tech that is bullshit.
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sir, he is driving it to a wall in ap. you are euphoric and not realizing that sitting in back seat
no. pow is the solution. the problem is not energy usage, it is energy production, which bitcoin also incentives the improvement of. would you suggest shutting down the internet to reduce energy usage, or that we should stop using planes because they use a lot of energy? i sure hope not, and the same logic should apply to bitcoin.
> greatest engineer the dude patented the shape of a charging plug. calm down.
wrong on so many levels
you don’t have to listen to us, but what about the engineers spending years of their lives working on ethereum, cardano, bitcoin, etc who by the way have ph.ds. how about those guys?
[debunking elon musk pt 1]( ' [what musk sold tesla pt 1]( ' also check out pt 2 for both and then still see if you feel like betting on this guy.
had doge. held them. sold them at the peak. elon is an absolute clown who should keep his dick out of crypto.
a bunch of haters are definitely in here on this good sunday mornin’ - what’s wrong with y’all? 😐
bch since then has actually improved on multiple levels. things btc cannot easily implement because they coded for sov.
i get your hate, but he pretty much knows about the rest of the shit he is doing.
remember the time his employees came up with a makeshift submarine a week after thai incident went famous worldwide? without even considering if it ever will be used, man tried to get glory. like he said he was happy to help on july 4 and posted a picture of the submarine on july 9. he must have squeezed his employees like hell for those 5 days for them to design, develop and manufacture that out of makeshift rocket parts. in the end, it was not even used and i feel for the employees who worked their butts off on it.
that’s literally all elon does...
> this is the part that gets missed when elon says he’s “working with doge devs to improve the technology”. that’s great, but it’s hard to imagine that they’re as competent as ethereum’s team. it is much harder to scale eth than a simple payment blockchain.
because the point is for him to make his mark on the crypto world. he could have just funded nasa, or created batteries for other car manufacturers. but elon wants credit for things. that level of ego is why i expect him to take doge places. he does not just throw his name around without pushing for success. doge will never be as good as eth, but that does not mean it cannot be successful. it takes more than tech to be c successful
i honestly cannot see anything else than a really dumb smart guy who is too immature to truly know the impact of his influence. to me it just seems like he is having fun and playing around with some things, but there has numerous occasions of paparazzi catching elon reading books about crypto (such as "cryptocurrencies simply explained" and "the bitcoin standard") so he clearly (imo) has a genuine interest in crypto the only problem i have with elon is that he is acting waaaaay too immature but in another way, i think it is hilarious. he's like a mix between a less brilliant and more cringy andy kauffman and steve jobs
when do we get elon's "i'll eat my own dick" tweet?
i can’t believe i’ve been in crypto long enough to be able to understand this comment and have a long line of our own bull run heroes. 😂😂
>john embraces that he is a bit crazy and on drugs. just gotta post this old mcafee classic for those who missed it:
the problem is not elon musk himself, the problem is that elon musk is a stupid persons idea of a smart guy. that gives him powers beyond our imagination. there is a cult like movement of millions of idiots standing behind him.
it's almost like billionaires should not be given clout just because they are billionaires.🤔
he's a natural bred troll mate. and you know what would be hilarious? that he adopts doge and makes it official company currency. if that shitcoin is going anywhere, that is the place.
i’m pretty sure john has always denied doing drugs even though we all know he does.
"back in the day", you mean in 2017!
the homie is still holding verge bags from 17!!! haha
google john mcafee. the creator of mcafee antivirus is also crazy af
read this: [ came out 2012. people should have known, or did know that he was nuts.
gnost is also listing on kraken on the 17th
probably is still justin sun!
remember when he said tesla stocks were overvalued ?
as vitalik said it, the most scarce resource in this space is legitimacy. and elon's burning through a lot of that *really fast* here. this would not help his other businesses.
but my wife still does not believe in meeee
once they emerge, that is a sure fire sign we've hit blow off tops
underneath an asian prostitute lying in a hammock.
last i heard he was riding his motorcycle through america preaching about tokenized voting. think the feds got on his ass tho...
he's in a jail near barcelona about to go bankrupt. no joke
pretty sure he’s eaten someone’s dick
i think about how he likes getting shit on through a hammock.
best we can do is *dr. blowhole* from the penguins of madagascar series. but you can always "x10" and "x100" to make it more environmentally friendly.
in a bill burr's voice "get on it!"
i mean his method does work. it works for him because he hires an army of literal geniuses, gets them working insane hours pumping out genius. the end product = a lot of broken geniuses from overwork, most end up averagly compensated. elon gets his insane targets met and farms the success. i would also prefer to temper down the term genius. these people are engineers. also, i dont mention the majority of workers in elons equation who get poorly compensated with shitty conditions that are the grounds for any of this success. the biggest thing that shits me is this perpetual cycle we fall into of worshiping that 1 genius here that rose to the top and got a ton of wealth from it. or the overlord capitalist like elon who farms the success. how about the other 99% who get bugger all to show for it in comparison that get completley forgotten. humans get caught up in what could be, the lotto dreams.
reality thistortion field is a term first used within apple to describe the effect steve jobs had in making impossible tasks seem possible. essentially just a motivational tactic. most successful leaders use some form of this.
his capsule to save the thai boys stuck in a cave was such an example as well. even i, with youtube knowledge on cave diving, could tell his idea was stupid.
isn't this his mo. remember the cyber truck and the bullet proof window debacle. elon does a lot of good but he is the ultimate hype beast. i mean tesla was a hyped up company for years before he actually put anything forward that worked. my fear is that when elon does the facade will be lifted and the ultimate rug pull will happen with his companies.
sounds like 60% of principle investigators i know. and i say that as a scientist. it's the same everywhere.
i mean he is the worlds richest man, he doesn’t own a mcdonald’s franchise or some shit, he’s not gonna be that down to earth
this comment made me check out the github for doge... glad to see someone has submitted the ["request"](
who is working on doge?
his new boring tunnel in vegas is a total embarrassment. he’s a grifter
i’ve seen this almost exact comment a dozen times on reddit and it’s just completely false. x.com merged with paypal and elon made a ton of money in the process. how you can spin that as a failed business venture is a mystery to me. yes he did not officially found tesla but he got involved so early that it almost makes no difference. tesla had no money and no working products when he joined. they were basically in the idea stage. he founded spacex, not “bought it”. so that one’s just completely untrue. he basically made something like .com, then poured every single dollar into tesla. both of which were such wild ideas at that time, people thought he was insane. it’s one thing to not like a person but he’s done some incredibly impressive things. when you try to thiscredit that you sound very jealous.
he did not buy space x though? and he bought tesla when they had a modified lotus with a battery in it. did he also buy the development of model s, 3, x, y, ect?
where's my red stapler?
this reads as “if i cause you incredible mental stress for the sake of my company i can feel okay because i showed you what you could create when your livelihood is at stake because i can’t set realistic goals that respect you as an employee” being hard to appreciate doesn’t mean you did a good thing it means what you did was so overall a negative experience the person you subjected it to is expected to find a positive you gave them???
why is wealth seen as a metric for intelligence??? the most brilliant minds on earth are undeniably not the wealthiest. you look stupid saying shit like this.
you are more clueless. this thiscussion is not about price, and "100x improve" does not mean anything because "improve" is a nuanced and subjective term. i hope, for your own sake, that you are just a kid playing with pocket money, and not an adult investing their savings.
the majority of that community are just outside observers though and respect isn’t really a commodity he needs from you it’s attention and ultimately he’s getting it from all of us :/
“man who learned simple programming must understand vastly more complex math and how to scale it effortlessly” you’re an idiot dude
memecoins are just this cycle's icos, people will make money, and a lot will lose money.
thanks, but i like my cryptocurrency founders either dead or in better hiding than bin laden.
i see. but if he wants bigger blocks we already have bch for that. no innovation at all by him. he just wants to create his token which millions are gonna buy just because it is made by him lol
yes simple fix, just increase blocksize, reduce transaction fees and voila. he only forgot about people paying for his tesla's losing half of the money or not being able to send them when network is being spammed or attacked by malicious actor. so you're saying all devs and programmers working on blockhain for last 10 years did not solve triple problem, only thing that was missing was elon and his command "just increase blocksize" he sounds like paris hilton "just stop being poor"
he's trying to co-opt doge
yeah he is gonna fork doge, run it on solar city powered nodes, call it a green alternative, future mars currency and make a killing. i wonder what he will name it, now that scams have taken all the elon.
>he’s gonna create his currency. he's going to pay other people to create his currency.
well let him create his own crypto and stop trying to manipulate the rest of the market then. that'd be a good development. neither his imaginary crypto nor doge are the future of crypto currency anyway.
the ceo of bitcoin has been working with doge devs since 2010
yeah! let's all complain to the ceo of bitcoin. ( ...do not me)
are you telling me this does not work? what about painting the logo of dogecoin red?
it’s free advertising. i still can believe tesla is so well known without a advertising budget.
ideally, spacex needs to increase their rocket size 10x, increase their speed 10x, and make them cheaper by 100x.
going to space is not very environmentally friendly, but if we're gonna do it, reusable rockets are better than single-use rockets.
spacex has had their focus on creating renewable rocket boosters. is it environmental friendly compared to planting a tree? no. compared to dumping the boosters in the ocean? definitely.
all rockets -not just spacex- in a year produce less than 23 000 tonnes of co2. meanwhile, planes produce close to 1 000 000 000 tonnes of co2. the environmental impact of rockets is almost negligible. [source](
nasa is not either. nothing is bruh.
now that is a really dumb comparison lol
shooting rockets and satellites into space never has been. but for the sake of advancing as a species, i do not think we stop space exploration again. i want to see people on mars in my lifetime damnit. also so many other things that are contributing to global warming, space travel pollution is negliable in respect to that.
that‘s true, but it could solve some big issues down the road. asteroid mining and human colonies.
going to space isn’t environmentally friendly, but their reusability goals combined with their full flow engines running on liquid oxygen + methane improves it one hell of a lot
removing people from the planet is probably the most environmentally friendly goal you can aspire for, and it’s peaceful.
there is literally no other way to fly rockets to space than using some co2
i understand the musk hate on crypto, but do you know another way to get to space?
he admits this and wants there to be a carbon tax that spacex would have to pay.
space travel has been shown not to have that great of an environmental impact, everyday astronaut has a good video on it if you're interested
sadly there is no way to avoid fossil fuels for anything space, nasa knows that as well. at least for now.
yes we should stop developing rockets and focus on ones ran on electricity
spacex reuses its rockets and will be using methane-based rocket fuel on their new engine design. that's as environmentally friendly as you can get in the launch industry.
or useful. or going anywhere. or financial viable. or...
quit with the whataboutisms.
and so is everything we do to live
neither is tesla... lithium production isn’t exactly a clean industry
at least the rocket's get multiple uses?
nothing is exactly friendly to the environment, thats why spacex is trying to leave this environment
burning a lot of dinosaurs to put junk into space but cares about too much computers running.
> spacex is not super environmentally friendly either, while we are at it. this
what's your point exactly?
they're not good, but they are really a negligible factor in the limited quantities we launch them compared to everything else humans do. i found this video really interesting.
spacex totally is a big deal for the future, but it is a really bad moment in history. can't we start launching rockets, after we dealt with the global crisis?! ffs so much money gets burned up through spacex.
he does not care about being environmentally friendly, he just wants to go to mars
more environmentally friendly than nasa ever was if you're honest
jeeeeez. the methane and oxygen those rockets use were extracted from the atmosphere. you know, the same thing the rocket exhaust goes into. also, by burning methane and oxygen, you get co² and h2o. methane is a greenhouse gas that is 86 times worse than co². so, burning methane extracted from the atmosphere actually reduces the total impact of greenhouse gasses, albeit for an over all insignificant amount. what is it with you americans that you need to be strongly opinionated about things that you do not have the slightest clue about.
neither is tesla, ask the kids in africa mining the cobalt in horrible circumstances.
should have built a mass driver instead. that would've been actually innovative.
yeah people believe elon's pr department too much. he is undoubtedly a very smart man, but he is not some kind of engineering wizard. a lot of people seem to think tesla.
only if you're obsessed with proof of work, i still contend constraining transactions to minting is the unsustainable part
soooo, what you’re saying is that elon is essentially suggesting that paypal is ideal payment solution? that’s some 4d chess shit right there.
heh, yeah i was thinking "good job, elon, you've invented credit."
1mb blocks every 10 minutes are to ensure anybody can run a *node*. it has nothing to do with mining. back in the s2x debacle of 2017, miners were the ones wanting bigger blocks, so they could rake in more transaction fees (among other things). keeping blocksize small is what allows \*end users\* to be the ultimate validators, ultimately giving them the power over changes made to the network.
also, wouldn’t miners have to have multi terabyte operations just to make it workable, hence more carbon footprint, hence undermining musk’s recent ‘btc is bad’ argument entirely? is he that stupid? 🧐
that was like an eli25 i don’t think you appreciate how stupid i am. eli5 anyone?
the point being if musk can fork doge, his current holdings double into the new coin as well. it’s a scam only upper management would think isn’t violating all kinds of market regulations.
wouldn’t that increase the energy needed to mine a doge block?
well that was not eli5
thanks for the information, that was well explained. a tiny follow-up question, if you wouldn't mind : are the use of these higher block sizes making bch more environmental friendly than original btc ?
this is exactly why bch and bsv are shitcoins...
this is utter nonsense and you should be ashamed of yourself for still not getting it.
it's not a solution to the environmental issue. the energy cost of securing a blockchain with proof of work has *literally nothing* to do with the number of transactions processed. miners are compensated for securing the blockchain. whether there are 0 or a million transactions in a block, if you want it to be as secure as bitcoin, you have to burn as many hashes as bitcoin. the end.
it's quiet possible. hardware advanced from 2017 already. yes, average joe will not run full node at home. but this is not needee anymore.
this notion that the only true way to do crypto is for everyone to have their own raspberry pi node or whatever other idiot shit you read is pure propaganda out of the btc camp. you cannot run a world-spanning financial instrument out of people's bedroom nodes. the whole notion is beyond ludicrous. visa alone has multiple gigantic data centers around the world to service their card users, and banks etc overall have enormous amounts of computer power online at all times. if crypto ever becomes big enough, it will be forced to become more centralized just because you need the reliability of data centers, ups:es, fast fiber backbones, reliable cooling and someone to maintain the hardware and software. this is self-evident. anyone who does not believe it is just being an idiot.
pow is abut to die! long live pos!
i was under the impression that whenever we have that "halving" thing and the rewards per block size get halved, it has the same effect by limiting who can and cant mine btc profitably
mining rigs actually mine the block header, which is a fixed size (and contains a hash of the block payload). the issue here is that if any of these pow blockchains replace bitcoin, their block difficulty will adjust to be as difficult as bitcoin, and if it does not then it becomes unreliable and open to attacks. so in the end it will end up using the same energy. sure if you look at the numbers now, it looks like doge uses 1% of the energy of btc, but that is because nobody cares about mining some meme shitcoin, bot because it is somehow magically more energy efficient
deep down? they ooze out of him.
deep down he is an incredibly narcissistic man, but on the surface he only really shows us an incredibly narcissistic man.
in certain ways i think you are right, but they are definitely different in their ambitions. i don’t care for musk at all, but i don’t see him being able to successfully hypnotize a large percentage of the population like assface has, or using racial and social hate to gain supporters. at least i hope he doesn’t, he’s much smarter than trump has ever been
why didn’t vitalik think of that? god what a dumbass.
block_size*=10 speed*=10 transaction_cost*=0.01 easy, done.
a "power" that only works on children and morons. trump had the same "power." convincing everyone he was the underdog...
at this point i can safely say after seeing so many of these even today... that you're probably right
haha lol yea and if the sec hate him as much as musk hate them they will find something so he can share a cell with mcafee.
elon is mcafee v2.0
can i interest you in some ?
it already exists, which is saddening to say the least…
he probably wants a fresh start, because he got late in the game he thinks it is unfair so he chose an unused coin
it's because it is likely just another rug-pull. i'm guessing he is going to hype doge up to , knowing full-well that it cannot do any of the things he claims. by then, he will dump his shares and announce that doge is not meeting expectations (like the unrealistic ones he set today?) and that he will be moving business to eth 2.0, cardano, algo, chia, or some other green crypto purposely created for just this task.
i told my buddy to send me nano. i set up a wallet in seconds, and then he showed me him sending some to me. i swear i had it in my wallet before he even let go of the send button.
based on that twitter channel, it seems that langerhans and ross are still working at it. they're one of the core devs who've been around since 2013 or so, after jackson palmer left. so yeah doge does have a developer team. i'm not sure why people said it does not.
>basically, keeping block size small allows everyone to be able to run a node and therefore increases decentralisation. what about point 7 and 8 in satoshi his design though? 7 talks about how we should not store every tx for ever on the blockchain but instead trow old tx away and just save the outer merkle hashes (with these you can prove there was a tx, you just do not know the data of the tx anymmore) 8 talks about how there are layers of security for different types of use cases. miners and business have the most amount of security (because they have to) and regular users have security on their own tx (why would i care about the security of your tx). it looks like bitoin can scale fine and stay decentralised as long as you keep 7 and 8 in the design. core removed these (cause they thought they knew better then satoshi and they also said fees would never ever be as high as in 2017 and they were wrong) and then other non core bitcoin devs brough these back which cause the bitcoin.
bold of you to assume he knows what a joke is.
i was speaking more about the history of crypto politics. see my comment [here](
due to current hash thisbursement they are more susceptible than bitcoin no doubt. you miss the point. if exponential diverse hash was deployed to those networks they would be ultimately much more secure. they are faster and cheaper currently. just because the narrative doesn’t support them doesn’t mean the concept is failed. it may not be those networks that succeed at scale, but the mechanism may work on some network someday. even bitcoin itself can still choose to scale blocks if enough hash is securing the network in the future. if lightning network fails it may be the only option that produces true throughout utility and less energy consumption.
you stupid fuck... talking about 2 different things, paypal & tesla. if you are so dumb not to figure it out, you should get out of cryptospace and not lose your shirt
the difference is that anyone who questions bitcoin in r
centralized in what sense??
that is because of broader sell of high growth tech stocks. most of them are down 30-60% off its highs. there is nothing specific to tesla unlike late 2018. while i am pro ev and want every company making ev to thrive. elon is getting on my nerve and his followers are making it rough. i am muting the guy for sure. but he creates twitter trends and so its going to be tough to ignore him :-(
explain just the first please
props to them too, never thiscrediting those guys. to each their own
so what happens when his plan succeeds? what would you do then? hypothetically of course
hey gypsy how you do it.
yeah... elon could very easily change 2 variables and make doge way more impressive than btc. no convoluted lightning network would even remotely be necessary
and when he did not get to use it he accused a rescue diver of being a pedophile for saving the children without his stupid submarine. then his money got him acquitted of slander when he got sued. money always wins.
as an engineer those are usually the fun and memorable projects in hindsight. i've worked on many things that have never gotten used or pushed out but damn were they fun and a different perspective... there is always growth even if you do not use it in the end
honest question - how does doge deal with the inflation issue? there are so many coins, and so many new ones everyday. how is it sustainable even with a loyal support base?
to be fair, while i know quite a bit about most of the coins in my portfolio, sometimes it is good to ride a bullish trend and gain a few percent - i've bought in and sold out of a coin within an hour just because the metrics were strongly indicating it was going up. i've done the same with regular ol' boring stocks and it is a (relatively risky) way of doing it, but it is not the way to go if you're looking to hodl- then definitely look more into the coins you're getting.
tbh i love crypto technology but unfortunately i'm one of those friends. because i'm a student and some quick bucks would be nice lol. i'm waiting for the bear market for long-term hodling. i'm not sure when. and i love being part of the future and thiscussing with you guys about the future. that's all.
i’m a sentiment investor (stocks) sometimes i literally have no idea what the company does, as long as it’s trending with good metrics and i’m making money
i think he has genuine interest in crypto, but in the way rick and morty fans have an interest in science...
pretty sure he’s sporting a ken-doll crotch
“if bitcoin doesn’t reach half a mill, i’ll eat my own doge” -elon muak
it should be i will eat my own tesla
then maybe he should buy some basic attention tokens
well said; i've been pointing this out for weeks. i wish he would just stop talking about crypto.
what a legend muskrat will never have 1's charisma
the guy is a straight criminal whack job who has some seriously messed up kinks, but that was funny as hell. dollars to donuts that was real coke he was sniffing in that little skit.
holy shit that is comedy gold 😂
that dude is a legend
thank you for that, this is glorious
i missed something fucking golden 😭
honestly, i'm thisappointed. this one is far better. and no, it is not a rick roll.
musk seems really smart until he starts talking about a subject you're familiar with, then you realize how much bullshit he actually spews. this was quick for me, since i'm pretty familiar with car manufacturing. half the shit he says about tesla makes me roll my eyes so hard it hurts. then there was the people who came to the light when he was talking about rockets, or ai, or covid19, or diving to rescue people, or hyperloop, and now crypto.
the problem is, elon *is* a smart guy. he's very intelligent. but smart people can have stupid ideas and opinions, just like anyone else.
i tried debating a few online and was absolutely terrified at how much they worship the guy.
o god, i hope he doesn’t run a presidential campaign
there's a whole bunch of groups making up the cult of elon. he's a rich guy, a smart guy, a space guy, a car guy, an engineer guy etc. there is a type of person who worships each of those things. the stars aligned so that he has the most power and influence in this space as possible.
“stupid person’s idea of a smart guy.” nailed it.
i hate cocaine but i love the way it smells
have you seen the whole blue light thread thing where he got extremely into research chemical amphetamines and tried to do a bunch of stupid chemical shit, talked about how it made him so horny he had girls shitting on him and stuff. very real. very much real. you’re welcome for this golden nugget lmfaooo edit: this was during his time in mexico, also he went on a friend of mines podcast and is batshit crazy
i really don’t do drugs. like really really. no drugs. that’s for sure.
nah, he said he had such a bad acid trip he was non sure if he was in reality or a dream or a long trip.
john has never denied doing drugs. he's formulated and even published his own recipes for creating bath salts. it's his favourite drug to the point where he gets on a soapbox about it. i wouldn't be surprised if he wrote a book about his drug use edit: lol apparently he is paid people to deny it?
back in 'nam *cue 1000 yard stare*
holy shit, yes the comment was hilarious
haha very true, although he’s gone quiet lately!
i mean realistically, elon being uninformed about crypto would not really impact tesla and spacex, or any other ventures of his. if anything, it is humbling to realize that you know more about a specific subject than one of the most successful and intelligent people of an entire generation. you can still admire his accomplishments, while criticizing his absurd statements. it goes to show that absolutely no one can be a renaissance man in this day and age. there is simply too much to know, and no one can ever feasibly have the time to be an expert at it all. my guess would be that elon simply has not had the time to *really* inform himself about the space. i mean, like *really* go down the rabbit hole and spend 100's upon 100's of hours on it. if so, with his engineering background, i highly doubt he would make the same ridiculous statements he is currently making. it took him until this year to "understand" the true potential (even though he previously mentioned it here and there in the past) so i doubt he is ever done a full deep dive and had the same epiphany many of us have.
the real bummer is that the people actually doing the productive, intelligent work are not the biggest winners: musk, with all his bravado and false promises, is always the biggest winner. capitalism in a nutshell.
people at tesla are well compensated though, they even get stocks options and some employees made millions because the stock and because they worked there for a long time.
i think he gets praised because he took gigantic risks and won. most executives would never take the kinds of risks he did with tesla and spacex. from other companies we get small incremental changes instead of big leaps in innovation & creativity.
that’s the positive acception, but as with everything there’s several interpretations. nowadays in tech corporates the usage is more negative and used for situations in which engineering leaders over promise based on hype rather than knowledge of the core concepts. from wikipedia: “the term has been extended, with a mixture of awe and scorn, to other managers and leaders in industry who try to convince their employees to become passionately committed to projects without regard to their overall difficulty or to competitive forces in the market.”
to be fair, steve jobs used this at the beginning of the computing revolution. the things that were ‘impossible’ back then were not really impossible and research was advancing quickly. this doesn’t work in all fields with limitations grounded in psychics. if he tried that now with computer science being a much more mature field, it may not work.
yeah it was actually used as a positive term referring to his ability to bend the conditions into whatever reality he envisioned. i’d say this isn’t reality thistortion as much as just wistfully throwing out random numbers.
"you do not know what you're talking about. also this is not a proper issue."
wtf did i just step into. worse issues pages i've ever seen on all of github. there is even an open issue from a person asking what to do because they got scammed, what in the world.
i am right here, raising prs
i grew up in the middle east. when i watched his joe rogan interview he just reminded of scammers back home that inflate themselves and are good with their words to fool you. i've never looked at him the same after. this whole doge fiasco imo is a major fuck up. my theory is that he wants to look like he is actually working on doge so he would not get hit by the sec as a pump and dumper. elon has vision, but i seriously doubt his "genius".
lmao i remember when he was trying to get his boring company to dig a tunnel in florida... florida
what, tesla's driving down a small, dangerous, underground tunnel does not sound future to you? lmao
and even that is the pathetic compromise from his hyperloop idea which was not really original at all, and has been generally considered infeasible for >100 years. he's clearly led some great things, but i'm increasingly inclined to believe he stumbled his way into those successes.
musk fanboys will defend that with something.
exactly. people are starting to use ad hominem on him instead of attacking his idea.
i hear your point and i agree. that's why i like being a good tech dept manager. i can take my upper manager's directives, convert them into something healthy for my team, manage them in a way that is supportive to them, and deliver back to my manager. i also am confident enough in my tech experience to upward mentor my management, and they accept it because they are good people. for sure if you are working for some absolute crap management, then you should leave. that's why i also said "at leat the pretty good ones \[managers\]" in my first post. they have to not be totally narcissitic assholes. :)
i never said that wealth is metric of intelligence. i wanted to say that everything is possible and just because you do not know the solution yourself does not mean that it is impossible. and wealth can be an expression of intelligent decision-making. a smart person is more likely to be rich than a stupid one. and everyone knows that elon will find solutions and continue where others are likely to give up. hence the statement that it is billionaire and the other is not. probably because he did not give up, right?
the price is relevant because the tech is overvalued as it is. next time you want to be condescending, try to at least make some sense.
impossible to speed up block chain speed 6devs including billy2k has said it. zero shot doge can do what elon’s asking. peroid
oh right, i completely forgot this 'man' stopped learning after he sold that videogame at age 12. surely the (co)-founder of x.com, spacex, neuralink and openai does not know his math. its not like he has a degree in physics and has never done anything himself after age 12.
sorry if dumb, but what is the reference ?
elon: "wait! if we just put everything in a database, it is faster than a blockchain! i solved it!"
exactly. for a good year now some big people in the know have been saying his desire is to create his own currency. he attached to doge because it was cheap and had like 10 active devs so manipulation was easy. now what he’s asking doge can’t do. at that point it’s a elon coin not doge. this dude is going to piss off millions of doge dudes and a giant i told you so will be all this amd that redit will be. crazy
he trying to take over dogecoin is for a reason, that he cannot make his own coin, it will be like facebook trying to make a coin, and get immediate regulations and stopped by the gov. that's why he is trying to take over an existing coin
dogecoin sv (scam variant)
fun fact, the paris hilton “stop being poor” shirt is actually fake
working with the devs. could be promising.
while we're at it, could we not just increase acceleration 10x and have the rocket burn 10x longer? that would get us out of the solar system much faster!
have you tweeted that back at him yet? maybe he just has not thought of that himself?
i have an idea! let‘s make tesla with 10% more range, 10% more speed & 100% cheaper
holy shit elon hire this genius
and make it 10x mare environment friendly. it's actually really easy
i mean, elon does talk about spacex like that. he's full of shit and never delivers anything approaching what he claims but yeah, he spouts the same crap for spacex. hyperloop, the tunnel stuff, solar tiles, pretty much anything he has a go at is old stuff he pretends is new stuff then claims it can do a bunch of stuff it cannot and never delivers it. it's amazing he is been able to mostly not lie about tesla... although he did do that "battery capacity is 1.5x previous capacity!" while skirting over the bit where the battery was also ~1.45x the physical size.
but it does have potential long term gains by getting us closer to being able to move polluting industries off planet.
bitcoin alone already releases something like 1000x as much co2 as rocketry does. in any case, if you're worried about the environmental impacts of rocketry, it is solid-state rocket fuel you should worry about, a lot of that stuff is insanely bad cancer fuel when a rocket blows up and it gets scattered to the wind.
you can reduce the amount required though by building something like a skyhook. we have the technology and the knowledge to do it right now, it is just they neither spacex nor nasa care enough about either space or the environment (or maybe both) to think that the investment is worthwhile.
teslas and other electric cars are a better alternative. i hate that this narrative is still thiscussed. electric vehicles have half the environmental damage than ice cars on the worst case scenario. sure bike is 20x better, but electric cars are twice as better.
eating isn’t environmentally friendly, should we all stop?! tesla is much more environmentally friendly than the alternatives.
"we" - are you somehow involved in any of this? probably not, or you'd know that is never going to happen as it is not really physically possible.
spacex will be sending people to mars by the truckload using the same booster for the hundred time and clowns like you will still be trying to convince people that reusability does not work.
proof of stake does not resolve scalability issues
i am not very aware of the tech behind it, but i computers these days are much faster than when bitcoin initially launched. wouldnt computers these days make it so anyone can still run a node, even with higher mb blocks?
tbh i would rather bought 10tb hdd for bitcoin node than paying . bitcoin was supposed to be “internet money” not a digital gold etc
regular nodes mean nothing to the network, they are just fancy relays. suppose you run a node and you see an invalid transaction in a block, what then? this is why a 51% attack works, because only mining nodes count. edit: also the whole point of bitcoin is that end users do not need to validate anything, otherwise there were solutions proposed before bitcoin that worked. and if you want everyone to run a node nano is a much better alternative.
bitcoin depends on people sending information, of we increase the block size only people with more thisk will be able to keep track of all of that. currently you need 500gb every decade, if we duplicated the block size people would need to be able to buy an extra 1tb hd every 2 decades, which according to some people is way too expensive.
nope, the amount of energy needed to mine a block is independent from the amount of transactions in a block, it is just a function of the current hash rate in the network, in becomes more difficult when more people mine because the time has to remain pseudo constant.
it depends what you mean by environmentally friendly. if bch had the same hash rate as btc, their overall impact would be the same. however assuming both networks were running at max capacity, bch would be much better in terms of energy used per transaction because of its higher throughput
not really, if bch had the same hash rate that btc it would be just as environmentally friendly. if you care about that read up on ethereum's proof of stake and nano.
>thanks for the information, that was well explained. it was factually incorrect.
are you saying bch does not exist? even if you think it is a scam it has higher block size, and people run nodes for it, therefore giving proof that it is a valid solution.
agreed, though the question was why increasing the block size wouldn't work as a solution to the fees. at least that is how i read it.
why isn’t it needed? the more copies of the chain there are, the more decentralised the consensus is on what the contents of the chain is.
it was already very much possible in 2017, it was not needed back then either.
if you look at my comments (i never delete them) you will see i will always e respectful when thisagreeing with someone on reddit. but you sir, calling people idiots for not thinking about centralisation and wanting(on a crypto subreddit no less!) almost had me breaking my own personal rule. using visa(!) as an example why crypto should(zooming out that is what you are saying)... shame! shame on you, internet user.
not if bitcoin price doubles before every halving, which is why we say it is a deflationary currency, it is expected to worth more with time.
wrong thread? this is one is about what the fixed size should be.
funny thing is that is basically what bsc did & it’s already struggling even despite the fact they made big decentralisation trade offs too.
time for a rule where any post about elon grants 10% moons or something
dear earth citizens, as you may know, i have dedicated my life to ensuring that humanity becomes a multi-planetary species. this involves work on four front: interplanetary flight, terraforming the planet, sending settlers, and creating an interplanetary currency. i am excited to announce today the launch of our forefront in our mission to mars. the first interplanetary currency: dogelon. technically, it is is a fork of dogecoin, in the same sense that a knife is a fork of a spoon. i have named it after the capital city of mars: dogelon (pronounced dog-a-lon, not doge elon because that would be arrogant). the ticker is dogelon (elon), which should help prevent any confusion. i am launching this currency today, in anticipation of bringing the first settlers to mars, for a very specific reason: to help people take the trip with me. a lot of good people have hopes of one day reaching the moon. in my opinion, of course, this is a very low aspiration. we want to reach mars and beyond. however, many of those good people are rugged, or buy scam tokens that cannot be sold. for this reason, the dogelon community pledges to send tokens over time to victims of rugs and scams, so that the worst day of their trading life can be turned into their best. and after some time, they will be able to join us on our regular flights to mars...
ofc it does, silly me. musk too no doubt lol
when you think about it, the greed is phenomenal, he’s turned the conversation about crypto into a massive circus, the whole thing is pretty embarrassing now.
you triggered me with the “shares” talk...
i think the horizon bridge could render lightning network mostly pointless if the btc bridge is successful. but i'm balls deep in one so im pretty biased in that department. harmony could definitely stand to be more decentralized, but the ability to bridge bitcoin to a blockchain with 2 second finality, rock bottom fees and defi could be a pretty big deal if it is done properly, and it should be here around the end of june
ethereum needs to do a little more than 2x to topple bitcoin. there is a strong possibility of this happening even before the end of the year
his plan is succeeding. he makes money out of pumps and dumps.
it's also very good practice for a firm that wants to colonize mars to be able to rapidly build something that comes completely left of field, over a super short time frame.
>sentiment investor til this type of investing
he sold his dick to the devil to get back his hairline
ahh, that’s why he named his kid that, it was the number on the test tube.
he'd need the advanced attention tokens
i kind of like the brave app’s interface. do you have thoughts on bat?
i mean hes generally a piece of shit human being though, charisma is a nice way to put it.
legend, serial criminal and possible murderer. tomato, tomahto.
musk is full of shit.
have you ever seen that kanye clip about gaga being polaroids creative ambassador? > “i like some of the gaga songs, what the fuck does she know about cameras?” gaga = elon, songs = cars, cameras = crypto
i share your concerns, my friend.
worse than the jordan peterson cult?
luckily he can’t, being born in south africa
i think it was whilst he was in belize rather than mexico. there a documentary on netflix about it.
sure, it was the drugs that made him do it, not his perversions.
yeah drugs will do that to you especially meth
no he admits to posting about them in online forms but he says that was because he was trolling. he even paid his ex girlfriends to go on live tv and say that john never did drugs while they were together. watch the dateline or 20. kind of interesting.
this was about 75% of the jokes in the classic dilbert cartoon.
sounds like cyberpunk 2077 to me
fields grounded in psychics have reality thistortion fields too, but they are not the same.
important point eloquently put
true, and steve jobs was able to use his techniques to push engineers to innovate and ship. people forget the "and ship". and steve jobs stayed within what he understood: the relationship between computer technology and daily human life. i do not know why i'm supposed to see musk as an expert on cryptocurrency given that he is successful at rockets and electric cars. his network effect is real, but i hope it fades quickly. i thought one of the goals of decentralised currency is freedom from centralised influencers such as dictators, parliaments, and cults of personality.
"visionary, vision is scary"
correct me if i’m wrong but i’m pretty sure that doge hasn’t been classified as a security, so the sec has no jurisdiction over the matter
i want to know what sort of security measures they have in place, because from the pictures i've seen of the tiny tubes, something like a fire or even just a medical emergency may be really bad. there's no space to manevour to make room for first-responders to get to the scene, i do not know if they have escape routes for pedastrians like in regular tunnels
founder of bitcoin, satoshi nakamoto
dead men do not move coins. (nor muck with the protocol)
do you honestly believe elon worshipping doge cultists are going to place blame on their techno-god king ? they are just going to blame an external party.
it’s a good theory but i can’t quite imagine him fucking over his fan base, tsla’s share price is overinflated because of these same fan boys. i wonder if he could do something like give all doge wallets an airdrop of his new crypto to keep them happy at the same time?
ok, good good, if you could implement that by monday morning before i walk into my office, that would be fab.
snl performance: "tesla to the my granny's roof!!!🚀🚀🚀"
oh he did lie about tesla if everything he promised would've come we would have already the following: full self driving tesla semi affordable tesla at tesla roadster 1 million robotaxis and many more
i just now realized that the moon eventually might turn superfoggy, and have a smog-tail after it.
the real $$$. why dig giant increasingly environmentally nightmarish open pits in what's left of the natural world when you can just go find a trillion tons of iron floating out in the asteroid belt? just gotta be able to get it down to earth without dropping it too fast...
the elon musk circle jerk is annoying but so is the anti-elon circle jerk. i just hope that all r\*dditors are fined if they speak.
cost analysis? harder to convince a private company
you seriously think we have the technology right now to build a cable over 40,000,000 meters long that can not only sustain itself but also heavy elevators and a gigantic counterweight? the proposals right now for materials would probably bankrupt the us many times over. nevermind that a sky crane is a massive massive risk if it fails, it can wrap partly around the earth maybe one day we will have it but it is a lie to say we have the technology
lol true, like the best the for the enviroment would be limiting the human population, are we going to do that?
strip mining lithium is much worse for the environment than oil extraction. don’t be thisingenuous. downvoted for the truth.
strip mining lithium is *worse* for the environment. it’s like a cartoonish evil has simply sucked up all the land and everything on it for miles. downvoted for a fact. oil extraction poisons. strip mining for lithium destroys completely *and* poisons.
you are delusional. it’s not even possible theoretically yet to send a manned mission.
lol. the downvotes by space x clowns. 🙄. i’m sure it will put people on mars! just like the hyper loop solved transportation issues, right? or how teslas would be self driving with no major issues, right? or how elon would take it private at ? or how he was gonna rescue trapped kids with an experimental submarine, right? do we need more examples? there are dozens. seriously you tesla fanboys need to stop sucking on elon’s snake oil teat and face reality. elon could be using tech to make earth more live able. instead he’s wasting hundreds of millions of dollars trying to get us to a planet that -and listen carefully- cant be colonized. not now, not a hundred years from now. maybe with the tech in a few hundred years. maybe. extremely doubtful at best.
it resolves transaction cost which led us down this rabbit hole in the first place.
doesn't it? i thought it removed the obscene computation barrier and dramatically reduced transaction fees? i'd like to understand better, though.
this guy is parroting propaganda or is ignorant. with pruning you can run a full node that has exactly the same security as a full node without pruning. the only difference is a pruned node cannot provide ibd services. pruning makes storage space mostly irrelevant to running a full node (each block header is only 80 bytes). the real question is whether an average person can meet the processing (validating) and propagation (internet throughput) requirements for running a node. bitcoin cash clients are already currently able to handle 256mb blocks on a raspberry pi 4 and the average internet throughput for households rises every year. there is no good reason to limit blocks to 1mb when the average person is capable of running a full pruned node on blocks much larger than 1mb. also, i'm not even touching on spv wallets which are much more secure than most people here realize.
my understanding is that if your node saw an invalid transaction in a block, that would be broadcast out to the network, other nodes check it, see that you're right, and the invalid block (plus any that follow it) are thrown out.
a regular node does not "mean nothing to the network". they are not particularly important when it comes to *amending* the blockchain, but btc is more than that. e.g. if a merchant cannot run their own node, then they cannot trustlessly accept bitcoin as payment.
it would be processing many times more transactions per block than btc and therefore be much greener. with this comment and the one about larger blocks hurting miners i really do not think you get what is going on.
yeah, i'm already into them. i was just wondering. so many coins and they are all so different, i'm just hoping to learn more. thanks man.
thanks for the heads up. would you mind clearing up which part, or was it just in general ?
yet it is highly upvoted? i'm starting to think crypto is just like stock markets and tax rules: very few people *actually* understand it.
well, you read it wrong.
yes, but even a raspberry pi with a hd is enough for that regardless of block size, on the long run it affects the amount of hd, but not by that much.
yes tge more the better, but where is a limit of "good enough"? i would say if there will be thousand of big institutions running it internationally it should be quiet a good consensus. at least they will be committed to run it 24, not like average joe.
i can’t see anything named musk yet so it’s still open
ethereum will never be toppled and if you didnt invest early you will never be rich ?
doubt it. he’s got the people. you guys are just paranoid. he’s too rich to scam people using doge coin. like cmon…
it’s been working a lot better than shorting meme stocks lol
you made me snort whiskey up my nose from this comment. my last brain cell up there is now terrified after his only friend just drowned
my sides would not stop hurting. you, sir have made my fuckin week
i'm extremely bullish (as in i think it will end up top 5). i would expound upon why in this post but there is already several great threads in the bat project subreddit by u. note that i'm looking at this project through the eyes of an investor who does not work in tech. i'm looking for things like wallet growth, dau, revenue growth, and other factors. here's a couple of the threads: [ [ [
bat should be a stablecoin because it is tied to fiat; companies pay a fee in fiat to show you an ad, and you get a cut in bat. therefore, bat should be tethered to the price of brave ad buys. bat is not a stablecoin. bat has gone from about .20 each up to about .50 each in the last year and is currently sitting near .20 each. i do not believe brave has changed ad prices that much over the last year, so this does not make sense.
i own equally as much bat as i do man
didn’t know anything about any crimes
"like donald trump, but for nerds" haha brilliantly succinct
honestly both have overlapping fanbases due to jre
the jp cult is a little crazier
you’re probably right, i may be getting the places confused. a-pvp is no joke lmao, but the shit he was “doing” to it to “perfect” it was batshit insane! what a fucking dork
i mean to be fair stimulants make people go way extreme into fetishes because their dopamine system is put into overdrive so they go crazy with sex. but he also tended towards those things in general already one would wager.
they were making bath salts (a-pvp) and other research chems in his lab in belize. i sold it years ago and i seen some people do crazy shit. paranoia x500
yeah and he wasn’t just doing meth, a-pvp is meth on steroids drinking a red bull, while casually puffing crack. it’s quite literally the most extreme amphetamine you can do, and one of the most morish substances around. he’s flip flopped on denying. being very into chemistry-professed psychonaut he’s so fucking stupid it’s incredible, like concentrated and perfected stupidity. the ability to be a complete dumb fuck in every facet of life but one and have the massive monetary success that the tech boom has created these increasingly unhinged monsters. he was also toxic for the sphere and like the worst hype man ever. 👎 two thumbs down! 👎
btc could start a revolution, polluting the airwaves.
yeah an ambulance cannot fit down those tunnels, i have no idea how he got away with code inspections like that where fire. i mean i know he probably bought his way through them but what a crazy oversight.
i just love how vitalik and musk are on the opposite ends of the dog themed shitcoin spectrum. musk forces his narrative into projects that have nothing to do with him (doge). vitalik cleanses himself off of projects that want to force him into their narrative (shiba)
and while you are at it also solve string theory.
and make sure you put the proper covers on the tp reports.
unlikely. most smog would get blown away, and besides, burning things needs an oxygen atmosphere so most sources of smog are out the window
wait till you accidentally come across the joe rogan sub lmao
you are talking about a space elevator. a skyhook is a very different thing. it is much shorter and just used to catch vehicles in the upper atmosphere and slingshot them in to space, removing their need to reach escape velocity as well as giving them a little boost in whatever direction they are intending to go. it is basically a trebuchet that hangs from a space station. edit: [here is a solid article about skyhooks if you are interested in them](
i’m not saying anything about bitcoin. i don’t understand it that well yet.
> downvoted for a fact you got downvoted for pretending that manufacturing is where everything ends when obviously over the life of an average car evs have significantly less emissions. try using a logical argument next time.
that's ok. you'll just be forgotten.
how unwokeful of you!
it removes the computation needed to solve pow hashes, but that is not a bottleneck of blockchain scalability. the bottlenecks are: * latency (the ability to quickly propagate blocks to the entire network) * transaction validation (the ability to quickly validate that transactions execute valid state transitions and have valid signatures) * state size (the ability to quickly access the current chain state) * chain size (the ability to store the historical block headers) pos does not help any of these bottlenecks, in fact validation can be _slower_ with pos since it is much faster to validate a valid hash than a bunch of signatures. this is one reason eth2 was delayed: they were waiting for advancements in bls aggregate signatures. most "cheap" blockchains basically reduce decentralization by forcing nodes to be operating in data centers. if a node has a fiber connection (low latency), tons of ram (for the state) and tons of storage (for the chain) then you can make your chain cheaper, but it is much more centralized.
defining how "green" a crypto is in terms of kwh, though. energy consumption is based on the value of the fees + block reward, full stop. this basically means that if bch and btc had the same price, only the fees would differentiate the two. btc would be more expensive, while bch would be more centralized (larger blocks = fewer node operators and independent miners).
i get your point, but the environmental impact would be the same, it is only a factor of the hash difficulty which is only related to the hash power. being able to process more transactions is an advantage of bch regardless of it is pollution levels.
you'll have to wait a long time, since my explanation was correct but he did not liked it he just claimed it was not without any proof or reason.
the bottleneck for running a full node is moreso network than thisk space, currently. especially with current data caps in the us. increasing the block size worsens both.
fortunately you have the freedom to choose, now that btc and bch are different cryptos. clearly the market has favored one over the other. the question of where to draw the line is a tough one. btc holders(decentralization > all else). after all, a high-throughput system for payments is not innovative -- that is what visa is. and as a deflationary currency, it is questionable whether there is a good reason to use it for small day-to-day purchases in the first place. edit: also, it is a lot easier to increase throughput later if the community agrees it is best. but once you start giving up decentralization, it will be very hard to move in the other direction.
nah it is taken [ but its price history is from late 2018 so i think it is unrelated to elon
but bitcoin is still king for now, ethereum is just on the rise.
he just tanked bitcoin because he did not get the community to suck his dick hard enough. didn't even take long for me to be proven right.
this thread is gold 😂😂😂
i honestly felt like a cunt writing it because my husband has a receding hairline, but your comment and three whiskeys made me decide i'm not a mean bitch, but rather a tasteful comedienne.
neither did i until recently, its insane
he was messing with mdpv at the time, i know what you're talking about. i need to read that bluelight thread again
so what you’re telling me is elon will be investigated for murder in belize one day.
one is a genius
lol you thought you had done something comparing agriculture with luxury car mfg tho nice try they are nothing alike their sustainability cannot be compared.
you are right. i guess it is no surprise that as crypto gains popularity, more and more people with limited to no technical skills join. on the contrary, it is a good thing that one does not need to be a computer scientist to participate. yet, the myth that wasted resources and electricity is somehow a fundamental need of crypto needs to die. some people seem to believe that it is "just the cost of doing business" similar to how you need much energy in order to manufacture steel. in reality proof of work is a grotesque contest of who can afford to waste more money between the "good" and the "bad" guys. proof of stake is skipping the middleman and directly rewards people for being rich, thereby preventing the need to inflict unnecessary ecological damage. both are in the end nothing more than proof-of-capital
why set their prices arbitrarily equal in your thought experiment? let the market decide their prices. max out their transaction rates so they are performing at their peaks and then calculate their prices and energy per transaction.
the environmental impact per transaction is the only one that matters, and it is orders of magnitude lower. making the case that "if it did the same amount of work" it would have the same environmental impact is inane and irrelevant, it does not need to do the same amount of work, which is exactly why it has a much lower environmental impact.
not really, usage would increase the amount of data sent, if people send thousands of transactions per minute you'll need to accommodate that regardless of block size, the difference is in how quickly those would be processed. and even if you're talking about a node that only sees finished blocks, even my phone has bandwidth and data caps enough for much more than 1mb every 10 minutes. actually my phone has about 500mbps bandwidth and no data caps, sorry for you us.
this musk be a mistake then.
so who will guard the guards? i guess you havent understood me a
these kind of comments make me forget my stress.
it's not a receding hairline, it is forehead cleavage
forgiven because your anus is tiny, i’m so sorry
has his d*ck been growing to balance out the receding hairline?
til comedian is gendered and the feminine is comedienne. what other wonders can you teach me?!
it's reddit. who cares. it's all for the lols. have a shot for me! happy whiskey week x
you guys are killing me😂😂😂
i stand by my original comment, this guy is a legend. the original madlad.
there's a whole documentary that covers it as well
honestly, it’s more likely than not he has something secret and dark the longer time goes on ¯\_(ツ)_/¯ you’re the richest man on earth, everything hang on your words... bound to make someone a bit mad with power, no?
that wasn’t the point. it’s that transportation is a necessity and tesla is the much more environmentally friendly option.
because my thought experiment considers a world where bch is relevant in order to address your claim, i.e. you cannot claim that bch is greener, when it is only greener because it is less popular.
can we agree that the overall environmental impact is the same, but that bch is more efficient therefore the impact per transaction is lower? which of them people consider more important is up to what they see as more important, the total amount of co2 emissions or the amount of transactions that can be in the chain.
no it wouldn't. hashrate (and therefore kwh) correlates almost exclusively with the value of the miner reward. in the long term it will be juuuust enough to be profitable. if the value of a coin rises (aka its economic importance increases) the hashrate will rise accordingly regardless of transactions per second or block. those other coins appear more "green" because they are not relevant compared to bitcoin. if one of them were to gain the same popularity and value, the same amount of electricity would be used.
when i ran a btc full listening node a few years ago, it used ~300 gb. at the time, comcast's data cap was 1 tb, and we also have several security cameras streaming 24. i had to thisable listening on the node after we exceeded data cap 2 months in a row. re: network increasing with usage and not block size -- that is not really true, the two are closely connected. demand for transactions is influenced by fees. with smaller blocks and higher fees, fewer people will be using the network for small, frequent transactions.
yes that would help because it’s hard to tell these days if people are stupid or sarcastic
that's not a forehead, it is a fivehead
don’t even need surgery to fix that. just talk to her receding hairline hubby.
get in my belly
right private individual vehicles are sustainable. also there is such thing as sustainable fracking gtfo lol
let's imagine that bch and btc cost exactly the same in usd. let's also imagine that they attempt to process the same amount of transactions. in a world where people only wish to use 6tps, both systems are the same. however in the real world, there is a fee market for btc deriving from competition to get into the next block. bch blocks have less price pressure so the fees are lower. this in turn reduces the fees the miners get paid. this must then reduce their expenditure on power. this reduces their energy usage and therefore hash rate. the block size - and therefore the fee market - is the variable which affects everything else. in your scenario then, bch is still greener.
bch has more tx per block, so it has lower fees to get in that block. this means it is less attractive to miners so there is less competition to mine it. this means it requires much less hash power to process a block, which means it is currently using a lot less energy than btc every 10 minutes... in the event that it did start filling blocks up and become high fee paying and therefore attractive to miners, it would rise in terms of energy usage until it was using as much as btc is now. however, at that point it would be doing ~30x more useful transactions and it would not be a fair comparison any more. right now, even doing the same amount of transactions, it uses far less energy.
there are 3 prices in the system, a) price per unit energy, b) price per coin (we'll hold the supply constant too) and c) price to make a transaction. price of energy remains the same regardless. if the price per coin of any coin is the same as that of bitcoin, the only difference between them will be c) the price to make a transaction. this is simply lower for coins with larger blocks, there is less competition for the same space. this is the variable which affects the miner reward and this is the variable which affects energy usage.
so you agree that keeping the block small makes bitcoin less usable, or in your own words "fewer people will be using the network". also your isp is fucking you over, do not know how that works where you live, but everywhere i lived i've had non data cap internet. today even my phone has no data cap, and with 5g it means that my phone has better conditions than your isp.
youll often find that the same people are neither
if you don’t mind, and enjoy my lone upvote, i’m on mobile so it’s been harder to find the answer to this, but what are the bronze. obviously i know they’re based off some metric like posts, but because only like the first third is showing on bacon reader i can’t figure it out on yours
>right private individual vehicles are sustainable what type of garbage response is this? are personal vehicles going away any time soon? obviously not, but tesla offers a significantly better option for the environment. just because you hate elon does not mean you should make these insanely weak arguments.
yes, that is exactly what i said: > this basically means that if bch and btc had the same price, only the fees would differentiate the two. btc would be more expensive, while bch would be more centralized (larger blocks = fewer node operators and independent miners). one could take this argument to an extreme: visa is more energy-efficient on a per-tx basis than either btc or bch. so what is the correct trade-off between efficiency and centralization? btc strongly favors less efficiency , visa favors more, and bch is somewhere in the middle.
but the energy is a relationship with the amount of people who are mining, not with the amount of transactions per block. if bch had the same hash power it would spend the same energy regardless of the amount of transactions it processed, it has the capacity to process more, but it wouldn't consume less energy if people used it less or more (considering a stable hash rate for the network).
but is there any reason to believe that the price per coin matters at all? isn't it the transmitted purchasing power or wealth in the system that matters? i would assume that there is some minimum margin most miners need in order to operate. its reasonable to assume that energy usage will rise as long as revenue (miner reward * coin value) is above this margin. this would mean that a coin with similar usefulness, capabilities and popularity would require a similar amount of energy in a pow chain. if this hypothetical coin grew to allow twice the throughput (and attracted twice the wealth ) wouldn't revenues from fees also double (and ultimately result in 2x the energy use)?
less usable for coffee-size purchases? sure. more usable as a system for trustless, censorship-resistant payments? hell yes. > today even my phone has no data cap, and with 5g it means that my phone has better conditions than your isp. okay, but bitcoin is not only made for you.
"crypto was not used to launder money according to the pandora papers" pandora papers is a release of financial information from non-crypto firms. it cannot tell you a thing about crypto so you have made a false assertion.
yea the type of criminal activity it allows would not show up in the pandora papers.
it does not have to be this binary option. it's possible for both systems to be vehicles for criminal activities and in both systems it needs to stop.
pandora paper was not fraud. it's about using tax regulation to legally avoid tax. this is not a fiat vs crypto matter anyway, it is a legal.
the real reason they don’t want crypto is due to something far more nefarious. if people don’t comply with demands by government, they can seize your bank accounts and destroy you financially. crypto is decentralized.
the absence of evidence is not the evidence of absence. if people were laundering money through monero, you would have no evidence or record it is happening. that's literally the fucking point. ???
am i the only one who shopped on silk road with crypto?
it is easier to launder money with cash than with crypto with an immutable public ledger. except with privacy coins like monero, but even so way more money is laundered in cash than in any crypto currency at this point.
i pirated software using windows operating system. it’d be good to get rid of that.
crypto does not launder money, it facilitate transactions. some of these transaction are illegal. the proceeds from illegal activities weather crypto or greenback still needs to be laundered to enter circulation without rousing suspicion.
if a currency exists, it will be used for money laundering and other criminal activities. there is literally no way around it, and thinking otherwise is stupid.
why are so many people on this sub so desperate for crypto validation!? seriously, if the tech is sound it will stand on its on without all the constant inane cheerleading.
if anyone here thinks crypto is not being utilized to launder money you are straight up delusional. also everyone, not just the rich, file their taxes in a fashion to pay the lowest amount of tax possible and generate the largest refund. i'd like to know the dollar amount where this practice crosses the line from ethical to unethical considering tax havens and practicing tax avoidance is completely legal. i am also certain that not every crypto investor is claiming their capital gains tax.
windows is used for certain criminal activities
“crypto was not used according to the pandora papers” this is the dumbest line i’ve ever heard from this sub. crypto barely existed when the panama papers dropped and the wealthy have been thisconnected from crypto until basically this year. why does this sub insist on baselessly jerking itself off? bill gates has a point, and a lot of people say it will never work for x reason gates basically just said you guys need to fix this feature and that’s it??? i’m reaching a point where i’d rather be friends with furries over crypto bros because the crypto bros are more obnoxious
" the way government works today allows for certain criminal activities. it'd be good to get rid of that." ftfy
yes yes, but crypto let’s poor people do what rich people have always been doing. hide their monies. rich people don’t like that.
the uber-rich scared of a new financial system that threatens their stash... weird
um. just because this release is about traditional criminality and traditional financial shenanigans does not mean there is not mountains of evidence that crypto is used by criminal organizations and totalitarian governments to skit international laws. come on. this utterly fallacious.
crypto is not used to launder money because it is not necessary. the worst part of the pandora papers is that it shows the us has itself become a tax haven. also, who gives a fuck if crypto is used to buy illegal things?
he is right. but the way regular currency works also allows for certain criminal activities that would be good to get rid of.
pretty sure fiat is the most used currency for all crime. ban fiat?
do you think he knows what people use windows for?
that is like saying money can be used for bad
bill gates famously did not understand the power of the internet and admitted as much later and is certainly doing something similar here but people also need to come to terms with the fact that whataboutism will not stop governments from regulating crypto and probably making sure that most if not all of it is traceable.
i guess he just "forgot" about hsbc changing their teller windows to accept copious amounts of drug cash. the word we are looking for here is hypocrisy.
windows computers were used to initiate ddos attacks and spread ransomware through hospitals, would be nice to get rid of that.
who the fuck is bull gates
how do you define laundering? if your only metric is giant corporations then okay, maybe not. if your metrics is the hundreds of millions of crypto used in the darknetmarket space over the years then what exactly is not laundering money or criminal when it comes to that? there are people who have made literally more than the net worth of the ceos in these papers in commissions and gotten off so far scott free.
what needs to be gotten rid of is bill and his fellow oligarchs. it would be good to get rid of them.
always goes like this. generation comes up, pioneers a new field, gets old and decides the future is too scary and unknown for them. rinse, repeat.
i don’t think it’s that controversial to suggest that crypto enables forms of money laundering that can’t be achieved traditionally.
the only reason why there wasn’t mention of crypto in the pandora papers is because they had no proof of those laundering money with crypto. people are definitely doing it, just as easily (if not easier) than with the normal banking system.
the way fiat works today allows for criminal acitivites ftfy
given the relatively new nature of cryptocurrency and how bad journalists are at understanding tech concepts it is not that there could not be corruption there, it is just that maybe we do not understand it as well as we do other financial systems.
rough translation: only corporations should be allowed to profit from criminal enterprises.
every currency allows for criminal activity, it is not like crypto is any worse on that matter than regular fiat. this smells awfully a lot like herring.
it’s both though. any financial system can will be be abused. crypto is a great way to launder money, among other illicit activities. that’s bad. but so is the way they do it with traditional banking. what’s the alternative, no money? it’s not helpful to say crypto does not have the same weaknesses. it does. otherwise we end up blind to people abusing that system. all the oligarchs and cheats need to be dealt with regardless of how they move their money.
why anyone should take note of what billy boy is saying? he is a piece of shit. his foundation is the reason the covid vaccine developed in oxford was sold to astrozenica instead of making it available for everyone to produce.
well, some ppl use pcs with windows to do bad things. maybe we should get rid of that.
that's because the pandora papers only tracked money that could be tracked, genius. the whole problem with cryptocurrency (bitcoin specifically) is that it cannot be tracked...
the usd is a shitcoin and is used widely by drug traffickers, terrorists, money launderers, pedophiles, and tax cheats. public ledger blockchains are infinitely harder to conceal. the only one that can is monero, but a criminal is much more willing to use the true most anonymous means of transacting - cash. if they are so concerned about illegal activities, they would ban cash.
weird, been buying all my drugs with cold hard usd for two decades, no one seems to have an issue with qe.
confirmation bias level 100. bro crypto gets used for illegal shit every single day of that there is no doubt. i have personally used it for illegal purposes before and exchanges have sure as fuck helped people, even inadvertently avoid their tax responsibilities. a very well thought out post btw and i agree with alot of what you said, but just because the pandora papers do not say anything about it does not mean it did not happen.
i wonder how many criminal activities he was involved in and hid behind the fiat dollar with his buddies. the rich are just mad because crypto won’t hide the certain criminal activities they are involved with
however, it is the american dollar that is most used by criminals to launder money. how do you explain this, mr. bill gates?
the way cash works today allows for “certain criminal activities”. fuck, any kind of money allows for criminal activities. cracking down on crypto because it can be used illegally is like outlawing food because criminals have to eat sometimes
i'm sure bill gates was not only talking about money laundering. example: myself and (anecdotally) tens of thousands of other people use crypto to buy illegal drugs on darknet marketplaces.
the rich always telling us what is bad while they and all their friends do worse. so annoying
every illigal activity i paid for was done in fiat cash. should we ban that first?
10 hour old thread 10k+ upvotes, but all comments have 40 or less upvotes...
the argument that a thing is bad because it can be used for criminal activity is ridiculous. i can use my coffee mug to commit a crime for example. edit: also, who care what gate thinks?
bill gates should be listed amongst the biggest criminals in the histoy of humanity.
i think there are some legitimate concerns we have to try and navigate through together. currently the way it works it is incredibly easy to hide a wallet and pump, esp with nft. for example, an influencer can pump a project and buy the nfts via a fresh wallet or unassociated wallet. this is a secret wallet and although yes it does appear on the blockchain it is hard on face value to tie it to the influencer. they can then pump and dump. we have gotten use to pump and dumps in crypto but this is really bad and i fear how common it really is. of course, they can technically easily be caught via off-on ramps it is unlikely. it makes it very easy to manipulate the market. another example is creating multiple wallets for bidding on ones own nfts to manipulate and create a fake transaction history to falsify legitimately. again, this does happen in traditional auctions, but it is so so easy to do on the blockchain and can cast doubt on the legitimacy of the transaction history. there are deff challenges to work through and agree that off shore tax havens and seedy behaviour is much muxh worse and way more common.
so cash transactions are recorded and aren’t used for illegal activities? get real, bill.
whataboutism at its finest. be mindful of the desire to thismiss anything critical of something you like. feedback is good. i’m an active supporter and investor in crypto, and nothing gates said is incorrect.
the pandora papers **do not show** people are not using crypto for money laundering or other illegal activities. to say so shows you do not know what they are. he actually says that he is "neutral" on crypto.
the pandora papers came out around when the usa wants banks to track . what a bunch of snakes they all are
crypto is one of the only ways chinese people could get their money out of china. that by itself far outweighs the people using it illegally because they’re going to launder money with or without crypto.
these people are as evil as it gets.
sorry but a billionaire telling me that me getting back money i spent on a gpu is immoral just strikes me as thisingenuous and selfish.
other things that i own that "allow for certain criminal activities" but bill gates does not want to take away from me: * pen * scissors * house * paper * printer * fiat currency * prescription medications * broadband internet connection * computer * smartphone * tablet * games consoles * hard drive * iron * pots * hammer * novelty furry handcuffs * drill * vacuum cleaner * household cleaning products * knife * screwdriver * bluetooth speaker * postage stamps * envelopes * spare key for dad's house * shovel * bed * shoes * larynx * bathtub * pension fund * oven * digital satellite tv receiver * brain * hands
crypto is absolutely being used for money laundering, tax avoidance and all manner of other illegal activities. the message here isn’t that crypto is immune from this because it most assuredly is not. rather, the point we should be driving home is that traditional banking systems are already being used for all of these activities in significantly larger amounts and have been since the beginning of time. it’s frustrating to see politicians attack crypto over these issues when countless people, often including those very same politicians, are using and abusing traditional financial systems in the same manner.
people realize that all the bad things you can do with crypto can be done with fiat too right?
why are pretending like this is incorrect just bc traditional currency also is used illegally
bill gates is not the person most people thing he is. we should not be looking to him for advice or guidance on anything other than making a new operating system. he is greedy and hoarding wealth on a massive scale. he will do anything to protect his interests and what he thinks is right for him and his legacy.
i have to thisagree with this post. crypto has been and is being used extensively (particularly in asia) to launder money by the rich.
cash gets used for criminal activities everyday but they have no problem with that at all!
hey, bill, that whole internet that you helped bring to millions of homes? it's used for criminal activities too!
why bother laundering money though crypto when you can do it in plain sight via normal channels and never be pulled up on it
aww poor bill cannot control something
if crypto was used to launder money, there wouldn't be on the pandora paper, because it is that good.
it's just an excuse because they cannot control it and give power to "the plebes" so that to them is unacceptable.
it would be good to get rid and f the criminal activity... these paper nor confirm or deny anything about crypto this post is shit. edit: pandora paper are pretty much panama papers 2.0, nothing will change.
bill is the old way, vitalik is the new way!
why would banking documents show crypto? isn't the whole point of crypto to decentralize assets? the only show would be things coming off the balance and not popping up anywhere else.
people suck dick for drugs
lol, because they did not get caught. crypto let us the rich hide there money much more efficiently
‘here is a guy doing borderline unethical things’ understatement of the new millennium.
use currency with transparent history to support building cases and prosecuting criminals. blockchain transactions provide a chain of ownership making it easier than fiat currency for observers to follow the money. laundering is a risk in any currency, fiat currency does not solve the problem and pointing to it as a reason not to adopt or create legislation against crypto does not make any sense to me. bill gates tried to spread fud on open source software, it seems technology that scares him is more of a positive endorsement to me.
bill gayes can suck it
>crypto was not used to launder money according to pandora papers. because crypto is still a new form of currency. once it becomes the standard, we'll see a panama pdf in the year 2036.
the kings do not understand the peasants , and vice versa
pandora papers? no one cares, facebook was down!!!
absence of evidence is not evidence of absence
those rich are just jealous that they did not adopt crypto first.
the way fiat cash works today allows for lots of criminal activity as well!
it's weird that crypto is subject to criticism about illicit trade and money laundering when people have been doing that with cash since like the start of money.
i think enough crime gets done with real money
rich wealthy ppol are just jealous that they did not adopt crypto first. fck bill gates
ummm did not heaps of people use crypto on the silk road? there's always going to be illegal buying and selling with any currency either way.
riiight. because "criminal activity" does not happen with printed money. might as well ban cellphones, computers, and vehicles, because guess what bill, those too, allow criminal activity. we should ban all computers that have windows installed...because many criminals use your operating system.
i think it’s fair to start saying tax havens are outright unethical. the laws allowing them are unethical; the rich just make the laws through lobbying. for that reason, i’ll no longer be paying my taxes.
bill gates trying to school the world on ethics? lmao!!!!
he is telling the truth. crypto allowed for certain poor people to use loopholes when it should only be ultra rich like him that should have access to any loopholes
bill gates age is showing
both can be true. crypto as currency is mostly used for illegal shit, everyone knows that. rich assholes hide money offshore. don't be an idiot.
wait till he sees what happens on windows
this subreddit is full of idiots... of course crypto can be used to launder money, and it is.
bill gates has no room to talk about illegal activities
imagine saying you're concerned with criminal activity when you also had a relationship with jeffrey epstein.
imagine genuinely believing crypto isn’t used to launder money. damn.
fuck bill gates lol
who gives a shit what gates thinks?
it's always funny when criminals call criminals criminals
okay, this post is the last straw. i thought people here in general were reasonable and can think critically. turns out it is just wsb but for crypto, with the whole echochamber, thisinformation, and circlejerk and all. unsubbing.
may be get rid of his circle of criminal rich friends first
it's crazy how ever since bitcoin popped up crime is this new thing that happens. money laundering and money scams never happened until btc came around. what a huge mistake we made allowing bitcoin to perpetuate and allow crime to just happen everywhere. too bad we did not just stick with usd, where no crime was possible.
i think we all know criminals have never used fiat dollars. in fact, most crpytos are easier to track than fiat bills. so stupid.
we really need to stop listening to bill gate's opinion.
bill gates is no stranger to criminal activity! ask him what he and his creepy friends where doing on epstein’s pedo island ?
bill gates successfully created biggest female billionaire by divorcing don't take financial advisor from a divorced man
bill gates is one of the wealthiest criminals in history. dont ever buy cryptocurrency if you are going to listen to a dick like him.
bill gates and epstein were pals. maybe we can get our ethics from someone else.
stop circlejerking. crypto is great for crime! but cash is _perfect_ for crime. so. doing crime is pretty easy. money laundering is easy. criminals dont struggle with getting paid. ever. what bitcoin doesnt have for example, is a way to hide or bribe anyone to lie on the blockchain. if you ask the authorities they actually kind of like bitcoin. you can track it. smart people made them tools to track it all. their goal is to isolate the privacy coins and then track withdrawals. if you buy drugs with bitcoin they can follow it. also the problem with trust systems is demonstrated in all the papers realeased. trusted agents are easily corrupted. crypto isnt perfect but its mostly thistributed trustless systems. no one to give a suitcase full of cash to.
the problem isn’t the currency. it’s the loopholes.
we smoking bill gates pack today
unpopular opinion here, was crypto not used because it is impossible to launder money through? or was it not used because fiat is still predominantly the way capital moves across the globe. particular real estate. these transactions were traced, in the same way we could trace a crypto transaction for real estate. we could see the account used to buy the real estate, just like we could see which crypto address transferred the funds to buy the real estate. these transactions use layers of corporate ownership to mask who is really doing the transaction. not impossible to find, but more difficult. i am only saying i do not think crypto would prevent what has happened here.
if people in power able to do *certain criminal activities* why cant we ?
people must think more critically of the government that is for sure. imo we should really try out some other forms of government and decision making. best would be to cut out the completely rotten people (all of them) who ask for people's votes periodically. indirect democracy is total bs imo, its just feudalism with extra steps where you get to choose your lords, only it is gotten extremely toxic recently, because populists (all politicians) keep figuring out ever more clever ways to hack it with dead simple memes like "*insert word here* lives matter", "pro life", "tax the rich", "ban migrants", "something with the climate", "someone sucks", "someone rulz" or some other bs (these might be based on legit topics, but some fcks cut out the meaningful stuff, build up some catchy messaging around it that is designed to make people feel a given emotion). i think the decentralized nature of crypto and p2p networks in general will do a lot of good. people will see that there are in many cases much better decentralized, community-driven, or local alternatives to any centralized organisation whether political, corporate or financial.
it's a shame that some still see crypto this way. there is still criminal activity happening in the current financial system, so maybe they should actually focus on that.
might also mean that crypto transactions are so private that they weren’t capable of noticing them in the pandora papers case, it’s just survivorship bias based on the fraudulent transactions that they did find. maybe they laundered a lot money via monero i.e. but the authorities weren’t capable of finding it.
the super rich probably do not care overall cause they just keep getting richer ... bill gates ... hes probably in bed with a lot of banks though.
all financial institutions especially banks are used to launder money. so does it make sense to close them as well? of course not (except b of a, chase, wells fargo, citi……😂 because they rip people off and the government allows them)
the aristocracy will not let us democratize crime. crime is theirs and theirs alone.
gov is against it because they can’t tax users easily
sure because regular money is never used by criminals 🙄🙄🙄
just like he allowed for jeffery epstein's criminal activities?
that's weird every time i get cash at the gas station it smells like weed.
bill gates scared of the new technology man, he’s to old to adapt to the new way so he throws dirt on it, problem is nobody can stop crypto
nah, bill gates just wants to continue with the current financial process because he is apart of the problem. he benefits from the system in place.
i do not know why people put so much weight in the things the ultra rich have to say. opinions are like assholes mr. gates. everyone has one.
well that let talk about it as if criminals don’t use paper money lol
xmr laughs in background
that is the most thishonest arguments against crypto.
the papers are showing loopholes but those are still legal. also everyone knows crypto is being used to launder money. no need for a report to tell us that.
this is a good way to reframe this thiscussion. they just do not like that cryptos might even the playing field. how are crooked business lawyers going to bill hours if they cannot make up all these fake companies and try to find tax havens? ' edit: grammar
people use burner twitter accounts to sell cp. best we remove twitter all together.
can someone explain to me how things will work if cryptocurrencies are fully adopted and you have a single instance of identity theft? is the assumption that you're just stupid and now your life savings are gone forever?
if you want transactions to be tracked: do as el salvador did.
fuck bill "antitrust" gates. go rub yourself to squeamish at jeffy epstein's a little more.
bill gates cash needs to be token burnt and removed from circulation. this insame fuck needs a cell at gitmo.
ah yes bitcoin supports the biggest crime of all, people buying and selling drugs. we must prioritize that over large organized crime, human trafficking and tax evasion that is done through traditional bank loopholes.
i wonder what percentage of illegal activities use the us dollar. bit of perspective
you would be an idiot to keep your money at the bank
criminals also breath air. *how dare they?* *we must rid ourselves of this dependence on oxygen, brothers and sisters.*
actually the vast majority of countries have laws that make it a crime to use tax heavens to avoid paying taxes. have fun!
bill gates is so smart, i believe everything he says. 🙄
but then why do you play down every single new project as a rug pull lol
offshore tax havens do not work as easily as you think. as long as your business has some connection to the us you'll end up having to pay us tax. same with the uk, canada, australia, etc.
can't agree with you here. pandora papers does not show criminal activity. it is not ethical what these guys did but is legally allowed. you would not find any trace of what bill gates is talking about. we cannot deny that criminals use crypto, but that is not the problem right? nobody can deny that real money is being used for laundering too, so get rid of all currencies or try to make it more difficult?
laundering money is not the only criminal activity there is. i mean, for example, silk road was a thing. it does not really matter that some people use crypto for criminal activities, the exact same can be said for cash. what matter is wether there are legal use for crypto. for example, conveniently, do legal purchases.
the way cash works today allows for certain criminal activities. it’d be good to get rid of that.
it takes a crook to know a crook.
lol, be critical of the only reason they ascended to the top of the entire planet, i'm sure they will jump on that asap. we either take their money away to give to the people, or we eat the damn rich, i'm tired of these virtuous ideas that have kept us in circles for literal centuries.
no i'd say that if i were part if a conspiracy to create a big brother government i'd purposely crash the stock market so that only cryptocurrency would be allowed as currency than find a way to seize control of the means of production and use that to enslave the population,just like indira ghandi tried to do in india it's the perfect machiavellian plan. give your political and economic enemies false hope
yeah, why would someone who is rich legitimately need to launder money? it's different than avoiding taxes. .
_**\*laughs in windows os\***_
it's a good thing no one ever used windows devices or applications for criminal activities
he is selfish. cryptocurrency is a threat to them and they want to keep the financial power in their own hands. i know cryptocurrency has come to stay and i am not giving it up for anything. i invested 70% of last month earnings into fufu and i am already having massive returns.
polygon matic to the moon!
cash is also used for criminal activity
well bill gates did have multiple dinner dates with epstein even after he was aware of his criminal activities with underage girls, sooooo yeh, he obviously was not overly bothered about criminal activities...
it’s cute that you believe bill gates thinks and behaves like you and me, ever since he was born he has lived isolated from reality because of the level of privilege he grew up in. (his mom introduced him to warren buffet, can your parents do that?) morale is for the medium class, and it’s adjacent classes, high-low and low-high classes.
but recent history tells us that bill gates knows that normal money can be used to purchase sex-slave-female-children, so... maybe he does not see that as a crime?
you do realise that the fact the banking system is not perfect does not mean you cannot criticise cryptocurrencies, right? that's classic whataboutism. yes, you can dodge taxes and launder money through the fiat systems, but crypto makes it easier, which is what gates is referring to. he is not claiming our banking system is perfect. but you'd rather ignore that context and spin it however you prefer it to be. ps the "rich" are not a single organism. ironic that you complain about gaslighting when you group people under labels and resort to whataboutism. ps2 re your "edit 1", op. >he was saying the world does not need crypto without seeing it is far reaching positive sides. no, he was saying it would be good to get rid of crypto's ability to enable illegal activities so easily, not get rid of crypto itself.
gates has been working with central banks in developing countries promoting cryptocurrency, but the shitty central bank kind of crypto. serviced by microsoft, of course! if there is one thing he hates more than people, it is competition. decentralized crypto is in his way of grabbing ever more money. i wonder what the ratio of dollars laundered is in actual dollars to money laundered in crypto. 1 million to 1? hsbc laundered billions for cartels, housing markets in florida, vancouver, many places are full of laundered money. wall street, comex, nasdaq, etc. i guess we need to get rid of them too?
maybe he could also explain his friendship with jeffrey epstein.
the knee-jerk “but fiat is uzed for crime” doesn’t help convince people. the problem is the optics of btc. i don’t care if it is or is not used for crime, people think it is. a better approach is “we’re on the same team- the crypto community doesn’t want to empower criminals either, let me show you how this tech can be used for good.” change hearts and minds, embrace, don’t deflect. edit: added word
can he just shut the fuck up though?
bill gates: "the way cryptocurrency works..." real life: *cash has entered the chat
says the guy that rode on epstein’s plane. fuck bill gates!
just because ultra wealthy people aren’t stupid enough to waste their time with this nonsense doesn’t mean that it’s not still used to buy drugs or slaves everyday.
well, tbf, crypto is used in many criminal activities. the argument here should not be, it was not used there so it is good, it should be on focusing on the positive things (every advancement in technology has a two sided coin)
bill gates should just go muff dive his mistress and stfu
the way any currency works allows for criminal activities. who gives a fuck
there is no conclusive way to say crypto does or does not get involved in money laundering. but it’s damn near perfect for doing so.
old money, fears new money. that is what makes crypto evil to them. they do not understand it, so it must be bad.
sorry but you are delusional if you think crypto is not used to launder money and do other illegal activities. you think those multi million dollar nfts of rocks is normal? that's just money laundering. crypto and all it is l2 infrastructure like exchanges need good regulation to prevent scams etc. and to be taken seriously. this hate against all regulators is ridiculous. and pointing to traditional systems having loopholes does not change that the crypto space is filled with scams and shady practices. and who cares what bill gates says. stop giving these people so much credibility and influence and then this will stop by itself. stop making f-ing threads about elon musk, bill gates, novogratz and all these people as if they are special. people are literally doing this to themselves. focus on things that matter like adoption. this thread, bickering about some billionaire being wrong, gets freaking 16k upvotes... dear lord... while positive news like a smart contract platform obtaining millions of users is completely ignored. it's literally on yourselves. the billionaire (rich people) hate is also getting really old, stop blaiming others for your misfortunes because it is a waste of time.
people criticise what they do not understand. the perception of crypto being sketchy is hopefully lowering as people learn more about it over time!
"these people are doing bad things without crypto so they definitely wouldn't do worse things if there was absolutely no paper trail". \- you
bullshit post is bullshit. bitcoin’s early days were functioning as a silk road tokens, and to this day it is the payment method of choice for ransomware. crypto allows criminals to get paid and get away with many crimes. that is a fact. it would be good to get rid of that. also a fact.
this post is crazy. first of all the quote; i dont know the full context of it, but from that one quote it sounds like he wants to "get rid of" the criminal activities, not crypto. second, crypto is 100% being used for criminal activities. its definitely being used for money laundering even though the pandora papers doesnt have anything in it saying otherwise, and more importantly: **money laundering isnt the only illegal thing on the entire planet.** scammers demand crypto as payment for ransomware attacks, drug dealers and hackers accept it as payment, and you can buy all sorts of sketchy stuff off the darkweb with it.
breaking news! ultra-rich guy doesn’t want poor people to be able to generate their own wealth easily! more at 11.
jesus...this comment section is a cesspool of stupidity
bill gates ' does not want the common person to even have a \*\*chance\*\* at making it. ' you will eat the bugs
gates should go back to the epstien island
paper money is used by criminals more than crypto
more like bungalow bill when crypto destabilises his fiat.
> allows for certain criminal activities and this is a necessary evil to preserve privacy and freedom. he who sacrifices freedom for security deserves neither.
did anyone that reads this, and does not love paying taxes, immediately google tax havens? if tax havens are unethical you could also make an argument that paying 20-30% in taxes, to a government that mis-manages it, and prints trillions of dollars, unethical.
bruh you can always do something bad using something good that doesn’t mean we stop using it altogether
okay? what kind of argument is that lmao you’re acting like the only crime that has to do with money is laundering it. pretty sure gates didn’t even try to talk about laundering but other forms of illegal transactions
why did you interpret "certain criminal activities" as "money laundering" and then write an essay-length counterpoint to that? that's a straw man. let's be real here. cryptocurrency does help facilitate certain criminal activities as it is much easier to transfer cryptocurrency digitally without your personal identity attached to it than it is with usd.
what the fuck does that even mean bill? money or anything with monetary value attracts criminal activity. doesn't stop billionaire fuckers from avoiding taxes while a 16 year old part time minimum wage gets a chunk of his minute pay check taken.
bill gates was banging underage girls with epstein. it be good to get rid of that.
bill gates, lying? nooooo
fuck bill gates and his whole pedo cabal.
a lot of ppl do use this for drug sales on the internet. he isn’t wrong
you don’t think bill gates owns bitcoin?
nobody should care one iota what that fucking loser has to say. y'all realize he fhose to associate with jeffery epstein after he had been convicted of soliciting sex to a minor right? the guy is a fucking creep with no spine and should be given no air time to influence people.
absolutely nothing of substance will come from the pandora papers. unless you count 'driving the point home' that laws do not apply to the super-wealthy.
in the past year bill gates lost all credibility with me. he is buying up tons of beef farms, driving up the prices as well as putting the smaller guys out of business. he was apparently also decently close with epstein.
to bill gates "the way justice works, when you and your buddy epstein diddle children, you're supposed to go to jail. "
i know firsthand that bitcoin can be and is used for illegal purchases on the deep web. however, those same purchases happen using the us dollar on the actual streets. nothing happening here is new, this is just out of their control.
"this tender is for all debts, public and private." also, there is traces of cocaine in almost every . shut up, bill.
to him criminal activity means : "anything the public does to keep money from rich people".
don’t be sorry. it’s an important thing to understand and you did a good job explaining it! well done and keep it up with quality posts.
bill gates can sick my balls
if you don’t think it’s be good to get rid of criminal activity in cryptocurrency, then you are part of the problem.
you do realize that most of it is propaganda against crypto in order to defend their corrupt system and keep the actual criminals in suits out of scrutiny?
hell yeah ' fully legalize crypto or send everyone on pandora report to jail
isn't that guy a genocidal pedophile? didn't that guy use illegal business practices to crush competition? didn't the us government have to step in to put a stop to the windows monopoly that prevented competitors from developing software? why does anybody care what he thinks?
if you do not cringe at the phrase "the use of tax havens costs governments worldwide up to " then you are still plugged into the matrix like a pathetic sheep. the gov't does not "lose" revenue it has no right to in the first place ffs. first: the gov't works for us. they are not overlords. they collect our taxes at our behest, not theirs. these are legal methods, per the article itself, so this sentiment is belied by its own author. and second, this is our money under thiscussion. we earned it. the gov't earns nothing. they only take from us so this language of entitlement is authoritarian in nature.
the way kitchen knives work allows for murder. it'd be good to get rid of that.
is he actually referring to laundering or purchasing illegal things like cp on the dark web? looks like you created a strawman because you know the point has some validity.
a couple years ago i opened up a non-kyc exchange account behind a vpn using an offshore email server thinking it’d be good to have some dark money out there that would come from node staking rewards so pretty untraceable. but at the end of the day, when you finally decide to cash out with the exceptions of monero etc, it’s all traceable. so i still reported my transaction history. call me stupid, or stupid, but money laundering with crypto is just as difficult if not more than the pandora papers
i’d love to hear bill’s take on the amount of criminal activity that can be directly enabled by microsoft products - i wish he would just stop thinking people care about his opinion about everything- bill we get it; you’re well read but stfu.
am i missing where he says that normal bank accounts and cash allow for a certain amount of criminal activity?
if any rich fuckers want help setting up crypto, my rates are extremely competitive... just send me the money, i'll send you totally anonymous, untraceable crypto.
the future is here
this dude has a family office investment firm called cascade llc. the reporting requirements for swaps and derivatives are essentially zero. iirc same goes for crypto with these kinds of firms, and in general the reporting requirements for “family offices” are less stringent than hedge funds (but correct me if i’m wrong). so if he wants to talk about “hiding money” or activities, or whatever, via crypto, let’s backtrack here and review the derivatives and swaps reporting requirements for the us financial market first. because there are none as far as i can tell. then, let’s review the fact that crypto holdings do not require a thisclosure either, so for all we know the firm could be invested in crypto too. finally, let’s review crypto swaps and derivatives - because they’re not required to report on those as well. and yet here we are with another rich dude who wants to talk about financial transparency? oooookkkkkk go ahead and double check me on this, but yeah. fuckkkkk that guy.
good post. that being said, the way i use crypto..., well...
yeah, that’ll happen right after the dollar is used for money laundering.
usdt is used to transfer money out of countries to set up shell companies in foreign countries 100%
i also love folk who say “crypto is for money laundering only”. dude. money will be laundered regardless.
the pandora papers didnt highlight crime lol its all technically legal isnt it?
bill gates is not someone i have any respect for. he seems to be against the basic freedoms i am for. he is smart enough to take any good thing and make it sound bad. if you want to call that smart. as much as i can understand, those who wish to stop criminals and that is there only goal, could be against money laundering. i dont see that there has been anything implemented that successfully halted money laundering. it is just changed to a different venue. likely the most successful money laundering scheme is just the banking system as it stands today. it is odd to me that money laundering is the cry to action that these globalist seem to believe everyone will follow. i am much more concerned with privacy and security in the banking system so no one steals what i have. i figure if they cant steal it they wont need to launder it.
crypto aint goin away anytime soon
this is more so half of the truth
yeah, because microsoft never does anything illegal, right?
like regular money is not used for crime… imagine a drug lord asking for bitcoin - no, they use cash dollars... that’s the truth
#[bill just wants your happiness](
right love how they talk shit on crypto but it’s literally been bank after bank after bank funding illegal shite after illegal shite and enterprises. bill gates can choke on a bag of dicks multi billionaire scum
i wish i had enough income to care about tax evading...
and due tell, how is that different than paper money?
and what about "foundations". they are another way the rich hide their money and we pat them on the back for their philanthropy.
but aren‘t the pandora papers primarily covering a timespan before crypto became super popular outside a dedicated group?
boomer bill likes the oldskool dollar bills yo
bill gates also thinks kicking up a global dustbowl is an effective solution for melanoma.
this has been such an interesting week.
i'm not going to pretend crypto is not used for illegal shit. that is how ransomware hackers prefer their payments. blaming crypto for it though is like blaming the bank when bad checks are written. people are going to find illegal ways to game any system.
will those people get prosecuted? since they are already powerful, i guess nothing will happen to them?
uh oh, your panties are showing...r...uhoh
so many wealthy get more wealthy since they can exploit loop holes and nothing ever happens to them. you can try not pay taxes... shakira who is big "humanitarian" does not pay taxes but acts high and mighty. we are all small fish to them, they can only act that they care about us to make them feel better. this time for africa.
oh you sweet summer child
well, the papers are not about cryptocurrency, so it is not proof of anything that crypto is not in it. if anything, the fact that despite the regulations that are in place people are still avoiding tax in traditional ways suggests to me that tax avoidance using crypto must be at least as popular.
everyone needs to know and understand that banks and the whole banking system are ... and have always been ... the biggest criminal organizations in the history of the planet.
bill gates is the criminal. he does not want you to be able to hide your money from them.
why would regular banks let that business go?
you can almost put any word for crypto... "the way businesses works today allow for certain criminal activities." "the way the internet works today..." "the way hedge funds..." etc... such a dumb statement if this is true
✅ash banner frame – super charged
i hear all of these criticisms of crypto and it just sounds like, “i am not making enough money from this technology.”
ah yes, bill gates. the best doctor known to mankind, is now trying to save us from the evil cryptos. fiat currency would never be used for illegal things. does he think we're stupid?
hey! 'member something called t h e s i l k r o a d? i agree with you that crypto is not some big bad thing, but do not be an idiot and pretend that the initial real world use for this currency was not to buy drugs.
bill does not like crypto because the elite cannot control it. these people are sick and they want total control of everything.
funny how you think 3 terrabytes of data is enough to validate there is not criminal activity done by crypto in the whole world. starting your own crypto currency company then buy your own crypto currency and selling it to an off shore account. it's impossible to know the intention of the people who buy crypto. you can track where it goes, but you do not know if the money used to buy it came from a good or bad source.
fuck bill gates such an assole he is!!
now... if only they were doing the tax shuffle to pay taxes in locations needing a dire influx of finances...
screw bill gates. gives me the creeps.
this is a straw man with false premises. the pandora papers demonstrate that traditional finance can be investigated with sufficient transparency and scrutiny. the fact that there are no crypto transactions there should scare you - it just means those transactions cannot be exposed, tracked, investigated as easily, and the money laundering problem for crypto is likely huge, and almost totally undetectable
bill gates wasn’t in the pandora papers, was he? afaik he has advocated for higher taxes and he voluntarily gives away >50% of his wealth to effective charities. wrong guy to go after.
bill gates is a huge piece of shit lol
these billionaires and politicians are biggest criminals. people are dying of hunger and they are stacking billions for god knows what.
bill gates also hangout with epstein.
i dont think i am going to listen to the guy that went to jeffery epstein for donations.
so because a bunch of old people who barely know how computers work didn’t happen to use crypto to engage in illegal transactions, you’re claiming that nobody uses crypto for illegal transactions? is that what you’re saying?
if we see a problem in something then stopped using it instead of trying to fix it, microsoft wouldn't have survived the first version, and bill gates would just be a regular college drop out.
why is this post so highly up voted
look, you may not want to admit it, but crypto is basically ideal for criminal activity. it didn’t exist until very recently, though. especially in a widely accessible manner. now i’m not saying you can’t like, support, or prefer crypto. i’m not saying it’s only useful for criminals. none of that. but it is kind of “made for them.” (though i’m not sure it was actually intentionally developed for criminals, i’m saying it’s pretty ideal)
flying on epstein's plane is also associated with criminal activities but gates didnt seem to mind when he did that and became good friends with the guy.
well, if it is all as decentralized as we hope there was no way for anybody to know what they did with crypto.
al capone didn’t have crypto. the idea that there is no criminal activity in traditional finance is it’s self criminal.
hmmm... > to hide money all you need to do set up a shell company in one of the countries or jurisdictions with high levels of secrecy. this is a company that exists in name only, with no staff or office. it costs money though. specialist firms are paid to set up and run shell companies on your behalf. these firms can provide an address and names of paid directors, therefore leaving no trail of who is ultimately behind the business. or just get a crypto account.
there has been criminal activity long before crypto came around.
this. this a thousand times. nay, this a million times. of course, i have no doubt people will find a way to be bastards with crypto. it’s human nature. we just have to be bastards with everything at some point.
when he said it would be good to get rid of that was he referring to getting rid of all of crypto as the post suggests or to getting rid of the element of crime in an otherwise excellent technology? i ask as i just do not see bill gates poopooing crypto so he can tax dodge, he is no saint but in his old age he is becoming quite the charitable man and has always been on the forefront of technology. i feel like this sub has just straight given up thinking and just assumes that anyone richer or more powerful than them must be trying to attack them. also, the ignorance of people here that refuse to take good financial advice from the rich when that advice has clearly done them well is amazing...
an immortal paper trail in the form of a decentralized public ledger sounds like a nightmare for doing illegal financial activity.
you would be really stupid to use crypto for money laundry. there are way more better and secret approaches. so the whole crypto bashing is pure bullshit.
we seriously need less billionaires telling us their opinions on crypto. no one cares what they think
i’m all for pointing out hypocrisy in the establishment, but posts like this steer too close to whataboutism for me. we all know crypto is used for criminal activity, and if you believe in this technology it’s nonsensical to turn a blind eye to that. we should expect better, but be very careful about what strategies are put in place to reduce crime.
bill gates takes the high road? how ironic...
who the fuck is this bill gates guy and what does he know about computers and stuff?!
fiat allows way more certain criminal activities.
institutions and billionaires are coming after us they want full control wonder how long before people rise up... or will they?
crypto has plenty of benefits, but you’re arrogant if you think it doesn’t make crime easier
this is the stupidest argument ever. computers are used for criminal activity too, bill.
people need to stop thinking just because some one is rich and or famous they know what they are talking about.
he's not wrong. you basically wrote all of that to be like "but what about this!!??".
lmfao thank you gates for creating microsoft but you're an ignorant clown :)
lol bill gates in all them papers
i wonder if old billy boy paid epstein in cash or crypto for that epstein “experience”.
this is bill gates we’re talking about…why should we listen to him regarding our finances when he and his ilk did their damndest to keep us penniless?
guess you never heard of cash
bruh if you don’t think the main use case for crypto back in the day was buying selling illegal things online you’re dead wrong lol
bill gates also hated people who made open source software. and sent a angry letter asking people using early open source versions of basic to pay for it. bill gates is good monopoly man. that’s it. also fun fact: steve ballmer once referred to linux users as “communist thieves” and views open source software as a “cancer on microsoft’s property”. “within a year of founding microsoft, bill gates wrote an open letter that positioned the hobbyist act of copying software as a form of theft.” source: [ steve ballmer sources: [ballmer: i may have called linux a cancer but now i love it]( also microsoft: [microsoft is awarded us patent for crypto token-creation service](
yeah and what was bill gates relationship with jeffrey epstein really like? for bill gates wife melinda to divorce him so quickly after being married for so long... usually when you're married that long you can have a non nasty divorce, you're both mature, there is plenty of money between them... she found out something and wanted to thistance herself gates is still a bumbling nerd who wants to solve world problems but does not know the price of laundry detergent. he most likely got trapped in epstein's web. so when it comes to gates and crypto, i completely agree with op... money laundering is going to happen with any medium of exchange but i personally think crypto right now is a threat to major banks and dollar. crypto hands the control back to the people, you become your own bank.
bill gates is a sleazy, creepy, pedo piece of shit.
"child trafficking is bad" - bill gates "yo fuck bill gates" - everyone in this thread wtf
yet his foundation is shady as fuck.
jesus christ this is the sort of shit that gives crypto a bad name
bill gates is a scaly taint
dude your obviously biased, coming from someone that wants crypto to neither fail or succeed (it doesnt interest me). "only a few", "a small number". are you their accountant?
you're adorable yeah no one uses crypto on the dark web for anything nefarious its all on the up and up.
that's an absolutely atrocious take, and why this sub is not taken seriously at all on reddit. the people in the pandora papers do not need to mess about with fake money... that's not the type of crime bill is talking about either. strong ass cult vibes in this sub (which is necessary to keep the ponzi scheme going i guess, but just stick to figuratively sucking each others dicks instead of this rubbish).
its so hypocritical. for the record, every transaction is public. its incredibly easy for exchanges to know where their funds come from and the blockshains themselves can freeze assets! there's way more data coming from blockchain transactions than from the shady ass banking system.
do you even know what your talkin about? my weed dealer became a millionare off bitcoin because he was using that to pay for pounds of weed through for 5+ years and since this years spike his wallet is making him want to drop out of the game. and you cant actually think crypto isnt being used and manipulated by rich folks for their personal gain, surely no
i mean the current state of nfts tell me it is for sure used to launder money, they just did not include it in the report. that being said if we over regulated everything that people use to launder money starting a simple business would be almost impossible. so fuck these idiots who want to over regulate crypto. they do not understand it and they more than likely just do not like that it gives regular joe's an advantage over the stock market.
fuck bill gates. he wants to preach about illegal activities and havens for this shit. how dare he after his complete failing to explain his true relationship with epstein.
lets not be critical of his multiple meetings with a registered sex offender, epstein. why? because he is dead now.
bill gates seems like the type of guy to take the hot dogs out of the package and then drink the juice while making some semi-erotic noises.
funny coming from a guy who basically stole microsoft
bill gates is a child rapist and a shitbag in general. fuck him.
self righteous asshole. when is someone going to tell bill to shut the fuck up?
i think this subreddit places too much value on defending against criticism rather than recognizing it. he’s right. without consideration for a system that allows people’s money to completely and utterly thisappear criminals could and do run rampant. that’s a major political issue if public adoption is to become truly widespread. systems can be put in place to curtail this. that’s all he’s saying. i know i’m going to get downvoted into oblivion but it’s worth considering the content of a message rather than how it makes bitcoin look, especially if the content is correct. edit: subreddit not company
if the self proclaimed king of world healthcare was not hanging out with pedafiles and trying to control the world then maybe his wife might still want to be married . if he was not pretending to be giving away money through his tax advantages foundation ( a very fancy investment fund that is for profit but pays little taxes ) then maybe i'd listen . bill gates is full of crap. he is no better than the worst used car salesman you can think of . how did microsoft get that deal with ibm ? who wants to control banking ? could it he tech companies ? facebook ? twitter ? microsoft? why did microsoft say windows 10 would be the final version and now we are soon to get windows 11 ? what changed for microsoft to change that plan? fuck bill gates is all i can say !
knowing the truth but hesitating to accept it is the highest form of selfishness, billgates knows that crypto is giving people freedom and it is obvious they want to keep people in the dark while accumulating the wealth to themselves alone, crypto gives passive income via defi services, this, i have been enjoying staking my fufu token for 100% apy, we are unstopable because crypto is the future.
oh dear, you cannot be serious, can you... panama papers et all are tax evasion schemes, and most might not be illegal. and well, taxes are paid in fiat, so using cryptocurrencies do not apply here. now, tell me, how are ransomware gangs paid? go to the dark web, check the drug sales places, how are they paid for? i do not like gates or the government, but try to keep context.
crypto is how you pay for the ransom on attacks... it’s literally the criminal currency... come on now
epsteins friend says what?
why does anyone listen to bill gates? he is a sociopath
bill gates the one whom supports depopulation. scum.
honestly. fuck bill gates...
bill gates is a delusional old man
bill gates is a pedophile.
billy boy fails to realize that with that argument, we'd have to get rid of cash as well... lol.
bill gates when pressed on epstein: ###"he's dead now... so you gotta be careful!"
it’d be good to get rid of bill gates and his mindless ideas on bringing back the work of monsanto
so everytime ransomware asks for payment in crypto that is not criminal activity? fuck i'm in let us go extort some non profit children's hospitals.
this is the same guy who said the internet was a fad
acting like i do not buy my weed in aud lmao
its a currency, it will be used for everything. no different than any other currency.
ok boomer. go play with epstein... oh wait.
i think it is hard to say, unequivocally, the bitcoin was not used or linkable to a single transaction outlined in the entirety of the pandora papers. it does seem, that even if it was, it was practically done so to a very small percentage relative to more "traditional" financial approaches . that being said, i'm sure op meant this as a bit of a facetious question; but of course those people that would stand to lose the most from a more transparent system are likely to be those fighting against it the hardest.
this excuse of criminal activity is the go to excuse for someone who knows nothing about crypto. if that’s their first thought we’re done talking
“the rich never wants you to get rich”
the argument still stands. in fact it supports bill gates argument. because traditional money is traceable, we can have things like pandora papers. but with crypto, you it not as easy to trace. if these crime were done with crypto and then thiscovered.
crypto is used extensively in asia to launder money by political elite and the rich. i believe in india alone more than 50% of black money flows thru crypto that’s a lot. it’s just there no centralized way to track everyone who did and capture them at the moment.
gates is a great resetter. they are ushering in crypto. authors
i guess you guys are not aware of the scammers with the a load of bitcoin in their wallet.
i agree with with the quoted text
bill gates is a narcissistic moron. he wants control because he thinks he is smarter than the rest of us. how many times did he hang out with epstein?
cheated on his wife for many years
bill gates says it was a "huge mistake" to spend time with jeffrey epstein o rly?
the man is just projecting his own criminality onto crypto
bill gates pays for underage girls in bitcoins. the bloody characterless moron.
what a stupid premise. the pandora papers show how people use the law to hide wealth, sometimes to shield assets sometimes just to protect from a corrupt home government. you don’t have a pandora papers for crypto because you can’t trace it. it makes the problem more acute not better
he is not wrong, one of the biggest things holding back crypto adoption right now is it is association with ransomware.
you’re listening to bill gates’ opinion on something he doesn’t fully comprehend? why?
crypto is all hype
the way bill gates works now is he hangs out with pedophiles and thisrupts the normal operations of the global healthcare. we should probably fix that first.
just because a gun wasn’t used for today’s murder, doesn’t mean it isn’t a great tool for murder. you may have a point about crypto, but crimes by folks close to meeting the crypt keeper don’t make your point.
“cryptos were not used in the pandora papers, therefore it is impossible to use cryptos for anything illegal.” - op, probably
bill gates is as crooked as it gets, his opinion is meaningless
these comments are mindbending lmao, i knew people who fell for cryptoscams were dumb but damn.
meanwhile bill gates is avoiding hundreds of millions of taxes through his foundation lmao.
man fuck bill gates
fuck bill gates. best mates with that evil pedo epstein. gates reckons he knew nothing about his activities? special spot in hell for him.
incredible a techy guy like bill gates to be against crypto and making this nonsense comments
there is absolutely no way that bill gates does not understand the power and how useful the blockchains are , he just does not want any competition , neither now nor earlier in his career.
crypto is not in the panama papers because it works.
tax is theft and government is tyranny. just look at whats happening around the world right now with covid. i am all in for privacy coins and decentralization
except, that it has been proved that most criminal organisations use crypto currency to launder their money. some corrupt governments like the venezuelan do as well.
feels like the future is not in their favor, crypto is the future. the people should realize by now.
bill gates doesnt want to use crypto because its transparent he has a lot to hide
bill gates said that cryptocurrency is one innovation the world could do without. let him take back his words now.
they do not like crypto because it removes the ability for them to conduct their criminal activity. as soon as all money is a matter of public record on the blockchain, it makes these investment banker and tax avoider types have to work even harder to hide their money and dodge taxes. it's the same with the banks, they like fiat because they are in complete control over it. with crypto, banks are less relevant because banking is democratised.
is this the guy who’s all buddy buddy with epstein? ya bill gates can fuck off
are there people who like bill gates?
hes crooked af too. money is money and it is used in the same ways no matter what form its carried in.
taxes are bad. supporting a global tax gives more power to a select few over the -entire- world.
more crime committed with us dollars everyday.
ah it wasn’t mentioned in this very specific way in these very specific leak of information regarding long established and known about but until now mostly unproofable forms of corruption. therefore it am cannot exist…any way. unrelated let’s go back to the gold standard. why not. it wasn’t mentioned in the pandora papers and our banks and businesses would actually accept that one…
it's this the same bill gates who travelled to epstein island and supposedly knows more about the '19vid' than anyone else and does not have a problem giving out medical advice?
bill gates commits crimes against humanity such as being a pedophile and funding eugenics operations. this piece of shit should have no voice anywhere whatsoever. the world is fucked for even listening to billionaires opinions about anything. you have to be a bad person to horde that much wealth.
bill gates can fuck off.
ehh... i think what people are saying we know crypto is being used for massively illegal (and murderous) activities like child traficking, prostitution, forced anal sex of minors and cruelty to animals etc, but we do not need two sets of currencies promoting such activities. we already have fiat. we do not need another hunk of rapey rapey cheese on top of it, like crypto. and please dont say fiat needs to be replaced with crypto. it does not.
fuck bill gates and everything he stands for.
a corrupt pedophiles friend, monopolistic, criminal like himself should know
i’m really tired of hearing crypto = criminal activities. like fiat can’t do this.
i agree with the premise of your point, but i could give af about bill gates. bill, et al will never say a word about the merit of crypto.
most of these mega rich types, like gates, are massive dependant on traditional finance and the $. furthermore the last thing they want is for regular "joes" to become wealthy.
fiat has been used in more money laundering than crypto, fiat has been used more for criminal activities than crypto. crypto is cleaner money.
nfts are a huge money-laundering scheme. i'm sorry, but nfts seems like a very easy way to launder. please correct me if i'm saying some dumb shit.
the way fiat works today allows for certain criminal activities. it'd be good to get rid of that.
what is the value of crypto money based on? the value of regular money is based on the value workforce of the country it is from...ie, something tangible. so, what tangible thing sets the value of crypto-currency?
lolololololol if you think crypto isnt used for illegal activity, money laundering and black markets stuff, you have to be sn yourself.
bill gates is not good with computers, therefore it is understandable that he does not understand the new technology
crypto’s anonymity isn’t that far differed from cash, so it’s a pretty poor argument to make against it. only difference being it’s easier to transfer, but cash using crypto anonymously is not something too many people are familiar with
gates wasnt referring to the elites use of crypto lol he meant drug dealers, weapon sellers, human trafficking...
more adoption will definitely come, without any doubt!
crypto was used to launder but they weren’t able to find it…
well bill and his wife can suck a fat one
i wonder what will happen if any fiat money is used for criminal activity. guess we’ll never know!
what a giant piece of shit (bill gates, not op)
woooo moon farm woooo op is misinformed wooooo
those people are the government
they never will because it doesn’t benefit them.
you probably do not have to convince anyone in this sub.
the only reason they say these things is to get the government to regulate it, knowing that they will have advanced knowledge due to their connections which will give them an advantage to purchase huge amounts and manipulate the market. period.
why the fuck would they become critical of traditional finance if they literally used it to become billionaires?
i own a little bit of shib and have really written it off, but was kinda excited to see it had gone up on price today!
but they know how to rig traditional finance.
bill baby leave my funds alone
what happens when you have too much skeletons in your closet? you frame other people's closets.
i do not think there is anything left involved in criminal activities so should we ban them too?
bill gates is horrible!…. side not top 3 crypto for october don’t need order just curious everyone’s thoughts
they own the government you silly
i'll be sure to tell all the clients i've had with ransomware that the pandora papers says those thousands of coins they have sent were for nothing. just curious, other then having many pyramid scheme ? are you using them daily to purchase goods? if you are, why? tomorrow those coins could be worth 10x what you just spent. crypto certainly has a future but do not think for one moment that in its current state it is not bs.
bill gates? the one who stealed the concept of windows from steve woz? and then built a fortune on that ? oook
it's sad that even one of the brightest minds in the world is still spreading fud can't wait for global adoption and seeing them change their narrative
bill gates and his group of rich friends pays so little taxes, that it is borderline illegal but they still bad mouths crypto because some people use it to transfer money anonymously. transferring money anonymously and dodging taxes is a tuesday for these people. the difference is they use shell companies with legal immunity
fuck bill gates, certain criminal activities is what he did to become who he is...
this guy is putting his nose in everything, what a sniffer my man stick to microsoft and v3xxinas or just die!
whatever bill gates says, just do the opposite. you ll do great in life. this man is pure evil. of course he would be against crypto. whatever brings freedom he is against. deep into shit and connected with convicted paedophiles that were "suicided" 2 years ago.
bill gates; the biggest f'ing criminal alive.
crypto is a loss of control for the likes of bill gates. the irs wants to know if you have more than 🙄. the govt can seize your money for numerous reasons-and it may take years to prove your innocence. also. he is now the largest individual farmer in america now. buying up so much property. why? i think to control the food supply. don’t comply with any of his draconian measures, like millions of vaccines he “thinks” you should take? you don’t get to eat. crypto gives people freedom that they (the elite) can’t control and they hate it. i thought that was the whole point of crypto- freedom from fiat currency and control. 🤷🏻‍♀️
just wanna say bill gate haven been to epstein island
how can we permanently banish guys like bill gates from the planet?
counterpoint - bill gate is a douchebag that fully understands how crypto works and its benefits vs fiat, but chooses to work against it.
based on the way bill gates last answered the question about his epstein ties, i have a strong suspicion that bill was behind epstein’s “suicide”
"according to the pandora papers" wow people that were intentionally trying to hide currency did not use cryptocurrency? i'm shocked. what a braindead post.
fuck bill gates. he wants to depopulate the world.
bill gates also said: *"first we got population. the world today has 6.8 billion people. that's* *headed up to about 9 billion. now if we do a really great job on new* *vaccines, health care, reproductive health services, we lower that by* *perhaps 10 or 15 percent."*
"do as i say not as i do" philosophy
governments should have an open vote before passing any tax reforms so that the loopholes does not find its way to the final draft. it might be slow. but it will be for the best.
so, if i go to the nearest street to find my local narco dealer and pay him with fiat, i am not doing criminal activity? only if i pay it with crypto, it is criminal? speaking of money laundering, ask eastern europe how to do it. we still do not know what crypto is, but politicians are washing money anywhere they can. long live the balkans.
its just super easy to pump and dump. its not a currency. its a speculative investment.
the whole argumentation is a survival bias. pandora papers got thiscovered because they left traces, while doing the same with crypto would not leave any.
all cryptos are scams, avoid
bill gates maybe the biggest villain, but he’s got infinite xps so, so way we gonna get rid of him.
now, even illegal activities are not using crypto currency for transaction. so what is their use case beside a completely bs speculative instrument.
who cares what pedo gates thinks? also, the rich hide their money offshore because when they pay billions in taxes the us government uses 90% of that tax revenue to buy weapons and start wars.
bill gates is a pedophile
if you think crypto does not need regulation look at all the celebrities creating useless coins and pumping them. look at vaporware coin scams from 2017. look at all the dogecoin wannabees this past year. people create meaning less crypto projects purely for pump and dump schemes. that is the most blatant criminal aspect of crypto imo. i dont think he is really talking about it being used for.money laundering and stuff.
i do not put any stock in the words of the person who created the hot mess known as windows. he certainly wouldn't know anything about good software design
i will become ok with crypto currency when it is proven that everyone on the planet has access to attaining this currency.
it is really bad press when they bust those drug cartels and dig up tons of sealed up bitcoins under their mansions.
why go through all that trouble and loopholes when there monero?
my biggest takeaway from the panama papers, besides the amount of people killed to prevent this from being known, is how legal it was for many. the problem is the optics. claim to “hate” the wealthy and elite, campaigning on a platform of honesty and integrity, all the while hiding untold (until now) gazillions.
bill "open letter to hobbyists" gates [
bill gates should just buy bitcoin, i bet then he’d be a big fan.
the crypto community should clarify to the world how open and transparent crypto is. no laundry possible (unless monero of course)
if they crack down on the system it is because they have already got theirs and they do not want us to use it for our benefit.
billie boy, you dont want to go against crypto. trust me
to be fair he is not the first wealthy tech guy who was mistaken about a tech, nor will be the last. i’m not defending him but i’m just saying that i take whatever he says for what it simply is, an opinion said by an human with too many interests at stake. there are many like him on all the sides (for and against) of this space to be fair.
crypto is the people’s currency. for now
even if these papers weren’t leaked, i’d still confidently claim that they were being dodgy.
well do they know that money is the main reason people are greedy? money, not crypto, not gold, not diamonds, not tesla, not gluten. money it's always has been money.
he just wants a dip.
if only janet yellen took a stance on this kind of tax evasion to get the us treasury funded. instead she wants your .
what he means is epstein prefered his clients pay through crypto. that's how bill learned about it.
well, that is just it is not it? "it's not illegal" to offshore and hide your wealth using tax havens. it's not illegal to "minimize" your taxes by siphoning vast proportions of your income through no. so what makes it legal? or rather not illegal? if governments can make laws that favor the rich, allowing them to shield their wealth, then they can also make laws to legalize crypto. that they refuse to is simply ideological. nothing else.
the wealthy blame crypto so people do not realize that is they are favorite form of laundering money.
can we all just be honest and admit that crypto would make this even easier?
hmm, i’m thinking he doesn’t want people to be as rich or richer than him. imagine that, he works his ass off building microsoft, was the worlds richest at one point, then some random person from the ghetto passes him on the rich list.
but remember crypto is the problem here nothing else...
crypto is just an asset and people trade it to get rich quick. all that revolution, change-the-world stuff is nonsense.
we can no longer afford the super rich.
but also cash is used for certain criminal activities too. like, criminals are gonna criminal.
just get enough high-powered lawyers, and nothing you do will be considered criminal. right bill gates?
so no one, at any time ever, committed a crime using the windows os. got it.
queen elizabeth i also said “man isn’t meant to travel so fast” when going on a train for the first time at like 30mph or something stupid old people in a position of spreading information is always something that’s funny to look back on. i’m sure this will be the same
fuck you bill, scoot over we all sittin at the same damn table.
f$&k bill gates. all my homies hate bill gates.
the way this sub talks about crypto you would think it isn’t used for anything illegal ever. y’all have heard of monero, right? let’s not act like just because other currencies have their problems that ours doesn’t.
i'm pretty sure there were plenty of crimes commited using microsoft word, excel, outlook, windows etc.,maybe we should ban all of that stuff as well.
killbill is the biggest parasites
bill gates, a guy who has never performed any criminal activities. a spotless individual we can all aspire to...
dont these billionaires and politicians know that crypto is traceable af ffs
bill gates also said. fuck bitches get money!!! m.o.b man!!!
another reason to say “fuck bill gates”
true, but it has been instrumental in the rise of ransomware attacks
the big issue here is that what's been exposed by pp is all legit. these are legal ways of hiding money and avoiding taxes, provided for the wealthy, by the wealthy. all designed to keep them getting richer whilst the poor get poorer through increased taxes they cannot avoid.
sounds like bill is repeating history, when with windows he thought that internet has no significant future, except for porn! this is the equivalent of the next-gen of the internet, blockchain. interestingly, the crypto currencies are not even currencies per se; just because they are fungible, they are perceived as currencies.
crypto is so shady that it puts every transaction on a ledger that anyone can look up.
the shine is off bill gates no? he’s a smart man obviously but his behaviour and ethics seem sketchy. welcome to crypto bill, you’ll like it here.
rich people don’t like change, especially when they see the poor making more money.
yea, we suddenly forgot that huge profits were made from wars, corruption, drug dealing and human trafficking. the world was all sunshine and rainbows before crypto came along
bill gates is commonly portrayed as some hero for donating some of his money into african vaccines, but he is so corrupt
most importantly here, fuck bill gates
an ultra rich person lying for his own interest ? first time i heard of it.
can't be held criminally responsible for laws that you help create
criminal activity is anything someone else deems illegal. 20 years ago that would have been totally different, same with 40 years ago. and so on and so forth. the status quo is just that, and crypto can adapt past that and it scares them.
as if there were zero criminal activities before bitcoin came into this world, sure...
do we need to have this circle-jerk every time a financial crime occurs?
>...allows for certain criminal activities. ah right, he just thislikes certain criminal activities, not all of them. old billy boy just prefers your plain-old, vanilla criminal activities where you just need offshore accounts!
i'm not going to be the devil's lawyer here. but as a worker in financial crimes i can 110% assure you that crypto is now one of the most favorite ways of money laundering for criminal networks. from small to big ones. it's a known fact. of course that there are ways of combating this and a very unpleasant way of doing it is having the same level of compliance as traditional banks have - and we know that even there it is easy to hide criminal originated funds... to sum up, he is not wrong.
urghhh! when will people just realise that money (under whatsoever representation) is just fuel for the true persona of a person. if you're good, money will enable you to do good and vice versa. i guess it can be argued that cryptocurrency can be used for anonymous transactions but again shell companies and offshore accounts are just the same vehicles for physical money. both just have different "trails".
the more i hear about this guy the less i care for him
how do you know it was not used to launder money? seriously guys, the exact value proposition you all want others to believe is exactly what will enable anonymous laundering. lets not kid ourselves into thinking otherwise.
as if cash is never used for illegal activities.
all the criticisms of crypto are equally valid if not more proven by fiat. the powers that be don’t want competition—an incredible irony given they are all so concerned with a “free market economy.” if anything should be heavily competed for, it should be what we use as currency. it’s the literal bedrock upon which free markets exist.
crypto today is still used to be child pron on the dark web. it's also used to buy drugs and illegal guns and definitely used to launder money. silk road was a thing and still is a thing it is just not called silk road anymore. but i think the point you're trying to make is that billionaires are criminals and if that is the point then i agree lol.
a fuck ton has been laundered with fiat since the invention of money
>“the way cryptocurrency works today allows for certain criminal activities. it’d be good to get rid of that” where is the context for this? because it is not wrong at least on the face of it. some btc and crypto users *have* used it as a way to pay for illegal things. even if it is for certain drugs, and we agreed its moral, it would still be illegal for most of the world. this is a hurdle for crypto acceptance for many governments. saying "crypto was not involved in this one immoral thing, so crypto is better" is a really terrible argument.
allegedly bill gates got into the business because of his family and stole ibm's customer databases and more allegedly.
is bill aware of paper money?
i dont know about gates but i buy my drugs with cash (fiat)... so should be avoid all cash?
really not enjoying the way bill gates is going lately. shut the fuck up about your foundation. shut the fuck up about pandemics. shut the fuck up about crypto. "it'd be good to get rid of that."
i'm sorry, bill, but the easiest way to do certain criminal activities is to use cold hard cash. the og privacy coin.
i mean, i get and share most of your point. but let us not act as if crypto is not a catalyst for criminal activity lol.
this. shut that boomer up.
says the guy who met with epstein... the known pedophile and shell company tax haven manager. the conspiracy theorists say they met to thiscuss the former, but that thistracts from the latter more plausible option.
i do not get this mentality at all, i can already use cash, i can do an electronic transfer to anyone for any amount, it is not hard to call someone a contractor or something.
start using crypto more regularly. pay your friends in crypto if possible, pay as much as you can and fuck that system
but but bill gates gives amas in reddit. he must be a good rich
op genuinely believes crypto will stop this kind of shitty behaviour, it just changes the vehicle used 🤣
dinosaurs will speak dinosaur.
bill gates also visited lolita island with epstien, bet he was wrong about happened there too.
brave of him to talk about morality after his connections to epstein became public
the pandora papers show what happens in the opaque world of extreme wealth, power and politics and the measures some go to to hide their money. the blockchain is the polar opposite, complete transparency and access to view any transaction is the antithesis of the banking system.
shouldn't he be working on a new windows or something, why is this guy's nose up everyone's asshole? doctor gates is now financial advisor gates, amazing.
fiat is used for that too.
bill gates is the technology advisor of microsoft. microsoft technology licensing, llc [literally has a patent for a cryptocurrency system using body activity data]( bill gates can fuck right off ~~when he is trying to shit talk crypto.~~ edit: i fixed it, he can just fuck right off. also, people need to know about this patent anytime bill gates brings up crypto. hopefully this gets some visibility.
let me fix that quote: bill gates said “the way cryptocurrency works today allows for certain people to also engage in criminal activities. it’d be good to get rid of that competition”
as long as there will be any form of currency, it *will* be used for illegal activities is crypto used for illegal activities? absolutely, and so is fiat and even barter trading
to be fair, when crypto first came on the scene it was used for explicit services until it blew up in price.
was gates even talking about crimes in the scope of the pandora papers? he could very well mean more in the scope of street-level criminal activities. feels like you're just pushing conspiracy theories here by linking different things. or farming moons. sometimes just the same in this sub.
the point of crypto is to make transactions untraceable to the wallet holder goofus
billy boi got other things to worry about
yeah! what he said!! lol hopefully cathoe woods, elon, and other notable people in the publics eye relay these same sentiments and use things such as the pandora papers as reference. cathie already does this a bit. but the more big companies invest in bitcoin the more these companies will be inclined to defend crypto and rather criticize the traditional finance system. allowing a bitcoin etf can be part of opening the flood gate, but thats something many people already assume and say.
the uber rich are opposed to vehicles that threaten their wealth. the idea that people can become wealthy through crypto is threatening to them.
tax heavens exists because there are tax hells...
the lady doth protest too much.
bill gates…. enough with him already.the giy is a bummer.
absence of evidence does not imply evidence of absence.
since traditional finance allows for *certain criminal activities,* maybe we should get rid of that instead 🤷‍♂️ ftfy
dude fuck bill gates i’m so sick of his bitch ass mouth
wouldn’t really only monaro be able to be used for laundering anyway? coffeezilla has shown that you can track peoples movements with crypto and see how they launder it. my understanding (please correct me if i’m wrong) is that monaro can’t be tracked like that. please do correct me if i’m wrong, i want to learn more about crypto and how it works :)
you cannot believe anything a pedophile says.
how dumb are you. it is not because they did not look into crypto that it does not exist
bill gates is the biggest crook
how is any of this relevant? crypto can be open for financial abuse without being involved in 1 particular scandal. if crypto was adopted more widely, or perhaps was not so insanely volatile, it is perfectly possible that crypto would be used. you guys are so fucking insanely thirsty for any tiny little spec of an argument.
> crypto was not used to launder money according to pandora papers hahaha what the fuck has the pandora papers got to do with any of this?! we already know its use has mostly been for illegal activities you fucking weirdo. newsflash, bimbo: any *actual* real world *global* implementation of a blockchain sufficiently complex enough to handle *actual* real-world financial complexity would *also* provide hiding places. just turn your brain on.
scammers are everywhere nowadays just defeats the purpose of the crypto technology, but what else can we do besides blocking them?
you make these "off shore tax havens" sound very suspicious. try delaware?
“the way the legal and tax system works…” ftfy
i am a federal grand juror and have been for the past few years. i see countless cases of money laundering. i will tell you right now that using crypto makes it way easier to get away with money laundering, because even if you know one person's wallet you do not know who they are sending or receiving the money from. it could be their own wallet or a family member or anything. and often money laundering has to do with who you send money to. the thing is, you cannot have money laundering without another underlying crime. and crypto has no real effect on catching those crimes.
people who steal billions with the help of banks are trying to ban crypto ... haha
must have been awesome before crypto when there were no criminal activities.
i was trying to sell me on cryptocurrency
but he’s right, it would be great for crypto to get rid of certain criminal activities, i mean you can’t argue with that can you, except anyone argues there are no criminal activities in crypto.
boomer financiers who are scared of crypto are only scared because they know how much criminal activity they are currently allowed to get away with under a non de-fi system. god forbid "criminality" not be reserved for harvard grads but for the every day person.
people use fiat for criminal activities
the silk road used crypto to sell a fuck ton of drugs and weapons, who said anything about money laundering? plus ico's have been used in pump and dump scams by like every influencer out there.
it's really rich the person who wants us to think outside the box also wants us to just submit in our place and never question the elite.
i wonder how much the increase in crypto yesterday was caused by the release of the pandora papers. rich people getting their money out of their vehicles and into crypto.
like no criminal ever used fiat before
did pandora papers tell you about the cartels and drug dealers? its almost like any one leak wont tell you about everything so pull your head out of your ass. crypto can still be used for laundering. doesn't mean cryptos bad but sticking your head in the sand does not help anything. have an honest intellectual thiscussion about whether we actually give a shit about laundering.
while its fun to dwell in the fantasy world of crypto, you are going to pull the wool over my eyes. crypto is being used to hide money and it is not going to show up in the pandora papers. this information does not thisprove bill gate's comments because if i was a wealthy person hiding money in bitcoin you would never be able to find it. it is better than using phantom corporations made in panama, run by two slime bag lawyers.
> crypto was not used to launder money according to pandora papers. op, i will just give you the benefit of the doubt and let you rethink that statement. like reaaaaly hard think about that statement and why you think crypto was not included in the pandora paaaaapeeeeeeersssssss
bit of a sensational title. crypto allows for certain criminal activities is accurate. but it is also accurate to say that fiat allows for almost all criminal activities to happen. i do not think he is wrong in that if the criminal element could be removed, we could see more mass adoption. i really doubt that someone who helped move technology forward and bring it to people in their homes would really be against crypto. cautious? sure. against 100%... unlikely. i think if we could rid crypto of criminal activity through hacking, social engineering, phishing, etc. it would be great for the cryptospace. while we're at it, let us make it easier for people to manage their wallets and stop hearing about people losing millions to mistakes :) everything like this can help. doesn't mean crypto is bad necessarily; just that it could be easier or better.
is crypto used for illegal activities? almost certainly, as is almost every currency out there. i would imagine the dollar is used far, far, *far* more used than all of crypto. now, why might crypto be more attractive than the dollar? it’s intangible nature and the fact it’s so easily transferred anywhere in the world.
more criminal activity occurs using fiat than crypto so wheres bill calling to end that shit huh?
bill gates list his credibility long time ago.
another rich man trying to keep the average man
but but but bill gates is so rich he couldnt be acting against our best interests you conspiracy theorists
24% more usd fiat. 25% inflation. stop looking at my m1 supply. look at what you did to the m2 money supply. now this in your face laundering. geez. 🧐🧐🧐🧐🧐🧐🧐🧐🧐 sir, looks like you moved . 🧐🧐🧐🧐🧐🧐🧐🧐🧐
just because there is no crypto in the pandora papers does not mean crypto is clean and never used for tax dodging. these are not mutually exclusive. your premise is wrong.
usd is the worse!
when you are super rich, i think you will never invest most of your money in crypto which is a more volatile asset. but i am not saying they are not doing it. it's a gamble with less odds. why take the bigger risk?
gov shills need to just fuck off. we’re really tired of their control and intervention in every aspect of our lives. it’s about time we fought back against those parasites.
does anyone have the context of the quote? i read it as he is trying to say we need to get rid of ways for criminals to take advantage of crypto, not get rid of all cryptocurrency itself.
so the difference between crypto and what bill gates did is that one enables a trackable crime, and the other lets you get away with crime? not the 200iq argument you thought it was, op...
the phrasing of bill gates's comment suggests that he was not being critical of crypto *per se* or calling for anyone to get rid of crypto in general, rather he was calling for a change to the way crypto allows for nefarious actors to exploit it for criminal ends. you might thisagree with him on either or both of those points, but there is nonetheless an important difference between the two points. as others have already said, the absence of crypto from the pandora papers does not mean that crypto is not being used for similarly questionable purposes.
the plagiarism level in the post is quite high, but i guess that is not the point of the thiscussion for this sub :v
i bought a laundromat with my crypto tho
i’m sure they’re doing it using crypto too we will never know about it through because it’s much harder to journalistically investigate
theres a difference between rich people who have legally earned their money moving them to offshore tax havens versus people who make illegal profits (drug smuggling, gun running, human trafficking) and need to launder the cash
park. but remember when bitcoin was the coin of silk road's
people misunderstand what the pandora papers revealed. they are looking at financial institutions crypto is not that. comparing the two would be like saying a office building burnt down today. since people were not living in this particular building there were no homes that caught on fire today and burned to the ground.
when the rich say crypto currency is used for crimes, what they mean is "not licking boot".
as if bill gates wasn’t doing criminal activity with his pal jeff
the difference is obviously that it is much easier to launder money and do illegal things with crypto. the problems you described aren’t problems with traditional currency. the problem is that these people aren’t being investigated or prosecuted. if someone in the government took an interest in doing that, it would be very easy to stop most people from doing this with traditional currency. it would be harder to stop them if they were using crypto. i just have no idea what point you’re trying to make. as someone else pointed out, the pandora papers doesn’t even track crypto. if you think people aren’t committing crimes with crypto you are being willfully ignorant
fuck gates. biggest hypocrite of all and probably criminal.
the statement says "certain criminal activity" i remember the silk rode lots of criminal activity like drugs, id theft, contract killing but no money laundering. almost all payments where in bitcoins.
i hope the sec and fed are reading this and it is time they wake up their minds.
the fact that most of these rich ass fuckers have negative views about crypto is making me believe more crypto is the way.
bill gates money laundered using virtual softwares
the way fiat currency works today allows for certain criminal activities.
here here buy this man a beer
can someone explain how it would be possible to launder money with crypto? don’t you have to have the money in the bank to buy crypto anyways? or even if you receive a huge sum amd withdraw it, the bank will 100% ask questions... at least where im from.
they way microsoft works… oh never mind.
i certainly hope they weren't using microsoft windows to do any of the accounting or communications, because that would present a stellar case to "get rid of that" as well.
bill gates hung with epstein after epstein pled to underage sex trafficking charges. bill gates is a supreme hypocrite with some nasty skeletons in his closet
his wife is probably a btc whale thats why they divorced
lol, bill gates, enough said
i'm indifferent towards crypto but its funny to hear bill gates talk about illicit activity when his wife divorced him because of his close relationship to epstein.
this is the same man who went to jeffery epstein ~~did not kill himself~~, convicted paedophile and sex trafficker, for marital advice and charity funding. where's the woke mob when you need em.
why can’t citizenship require all funds and assets traceable by the government you reside?
fiat has enabled *massive* criminal conduct with employees being paid “under the table” in fiat for over a century. small business that cheat on their taxes are “cash only”, not “crypto only”, and have been that way for decades. countless contractors employing undocumented immigrants who may be involved in human trafficking and slave labor have insisted on fiat cash payments for decades. then we have the wealthy billionaire class who employ an army of lobbyists and lawyers so that if they want to engage in criminal conduct for profit, they just work to get a sensible law changed so that it is no longer “criminal” conduct, or find a loophole and then make sure sensible laws do not get passed to close it. let’s say i get lawmakers to re-write the law so that i can legally murder someone who is innocent. is that okay now? what if i find a loophole that allows me to murder women and children, and start doing so while lobbying hard against closing the loophole? is that *really* not a criminal act? bullshit—these wealthy elites are criminals.
i'm just one dude that wandered in from , but the 3 times in my life i've actually purchased something with crypto it was lsd lol.
sure all activities allow for some sort of criminal input. look at hsbc they have been doing it for years.
i mean just about anything can be used to allow criminal activities. crypto included.
i keep seeing posts about this and how crypto is beyond reproach. money is used to commit crimes, period. i’ve used crypto to buy illegal things. crypto is a great way to anonymously conduct transactions that are criminal. it just is. just because it’s not used for tax evasion by rich people doesn’t mean there isn’t a seedy underbelly to crypto. there is. it’s the preferred payment method for radon ware attacks for example. so what and who cares? crypto hasn’t been vindicated by all this. there was never any vindication to be had. the fuckery revealed is more interesting than any implications for crypto.
there is more than one way to laundry money.
along with people saying the pandora papers were non-crypto firms, he may be taking about the pump and dump schemes running rampant on bsc and the like. small retail investors hoping to "100x your investment" having the rug pulled while the few insiders take all their money. that shit needs to stop.
people will judge what they don’t understand.
bill gates says “ btc is not environment friendly” “bitcoin is bad for the planet” “not a sound investment” now saying “ allows for certain criminal activities “ i think this guy only knows only bad to say about crypto for his interests
bill is a smart guy and i don’t understand why he approaches crypto this way. yeah crypto is for sure allows for certain criminal activities. there are bad and good things about everything. you might crash with your car but it doesn’t mean cars are useless or risky
bill gates is a cunt and has always been one.
it's like people think the only way to launder money theses days is btc, most money laundering, criminal activity and tax evasion is likely using traditional methods as opposed to crypto.
bill gates would know about hiding money for sure. just ask his ex-wife.
the only people think that way is the one who want to do that action the most
can't have crypto without anonymity. let people do drugs for god sake
me said "the way dollar works today allows for certain criminal activities. it'd be good to get rid of that".
i suppose bill would know. you think he paid for any special guests on the lolitia express with btc?
anyone who acts like shell corps in tax havens are new has never looked in to setting up a business. if you needed a confidential leak to explain this to you, your head was in the sand for decades.
there is a difference between tax avoidance and tax evasion. gubbermints confiscate too much of people's hard earned gains as it is, regardless of an individual's net worth. i do not begrudge people who have earned their money legitimately, regardless of net worth; however, i do have an issue with politicians and other sociopaths who grift and steal in order to line their pockets with gubbermint dollars.
crypto does not cause laundering, criminals do.
yeah crime didn’t exist before crypto.
it’s interesting seeing some billionaires adopt.
crypto is the currency of the future and many pros and cons we will see in the journey
bill gates is a fucking pos person. he is trash wrapped in gold.
or…now stick with me….corruption goes deeper than the pandora papers…
every time a rich person
something gives me a feeling that the criminal activity he was referring to was not laundering money.
offshore, onshore who gives a shit where the tax money is hiding its got to stop! the problem is the gate keepers to change the system are the exact people who stand to lose the most if things change.
that's because gill bates and the rest of the world have no clue what crypto is used for. this is what the world thinks crypto is used for:
plain sight admission that they do not want competition that cannot be tracked, because that is their entire paradigm.
crypto was not used to launder money *yet*.
bill gates is a pedophile. calling the kettle black much?
the biggest and most effective criticism of crypto is it’s complete and total volatility and it’s environmental impact,
kitchen knifes are used by murderds... we should ban them.
plain 'ol cash is also used in plenty of criminal activities as well. whenever you are looking at a new system, and crime is done on it, you need to determine a "primary use case" to decide if something should be considered a conduit for crime. for example, the printer can be used to counterfeit money, to illegally copy textbooks, and to falsify legal documents. however, its primary use is to perform completely legal activities and serves an important function in society. the crime committed on it cant be used to de-legitimize the entire system. vhs tapes were in a more arguably grey area, but it was determined that its primary use was for personal filming and recording copyrighted content for personal use at a later date - which is not against copyright law limewire was shut down because its primary use was for stealing copyrighted intellectual property. i think anyone using the internet in that era can confirm that. it was not exactly full of public domain literature...
bill gates made his fortune from a plethora of illegal behaviors microsoft engaged in, maybe he should forfeit his fortune to atone for his sins… and not through foundations he and his family control.
so… um… tax evasion and money laundering are two totally different financial crimes. the former is using extra-legal means to reduce your tax liability. the other is funneling income derived from criminal activity through a legitimate business, to give the appearance that income derived instead from said business.
what gates says is true. the issue you point out is also true. it's not mutually exclusive, although i can see why you'd feel the way you do.
“the way ~~crypto~~currency works today allows for certain criminal activities. it’d be good to get rid of that” ' i updated that for bill
money laundering is a good thing objectively. anything that keeps money away from governments is objectively good. evade your taxes.
biggest misconception i've heard about crypto
thank god the dollar has never been used for crime and is completely traceable. said no one.
everything bill gates says is the opposite of what you should do
crypto is absolutely used to launder money. but the amount is so insignificant compared to traditional methods. there are banks that will help you launder with open arms.
every single illegal thing **i** have ever done in my life i paid for with usd greenbacks. (not an admission of guilt) i'm pretty sure this is true for most all of us, bill gates included, although his illegal activities were probably paid for with other fiat currencies far more than most people.
ask him why he still took a meeting with jeffery epstein after he was convicted of trafficking minors and he will stfu real quick! fuck him!
these idiots billionaires and their stupid wisdom.
with crypto rich investors cant hide 😁
when the internet came everyone was happy about connecting with others from other countries, and it did change the world, like literally. but it has its down, right? criminal activities happen everywhere, the problem are criminals not the activity. the elements gates speaks of are true but that does not mean the crypto is bad.
why didn’t these guys get mad when it was the dollar used in crime for like 150 fucking years?
“crypto was not used to launder money...” what clown world do you live on?
never forget one of the strongest lobby groups in washington that is purely anti-tax, was founded by bill and melinda gates. it was a passion project of hers. don't ever buy the bullshit that comes from the gates foundation. note: watch the interview they gave on the daily show before john retired from it. melinda spends some time talking about how money should stay in the hands of the rich as they better understand how to spend it over governments.
they are terrified of crypto, all of them crooks... te - rri - fied!
bills are used for cocaine
there would be no pandora papers with crypto, you’d never fucking know.
crypto is a poor mans offshore trust. you can’t start an offshore trust without millions to launder but with crypto if you wanna wash and hide 10k no problem. pandora has nothing to do with crypto.
does anybody really care what bill gates says?
let’s scrap computers since criminals use those to network with other criminals doing criminal things!
fuck it. i felt that way about dogecoin.
i have been saying that for a while... i am waiting for the fbi to shut all these people down for illegal activity
bill gates and all other richies have a vested interest in the us dollar doing well. as crypto rises...their wealth risks shrinking to nothing. this is the way
remind me, does cash allow for certain criminal activities? if so, it’d be good to get rid of that.
the way this ends is if citizens in non-tax havens decide to defect en masse and not pay taxes. nation states lack the capacity to enforce tax evasion on a population scale.
crime is gonna happen no matter what getting "rid" of crypto does not change anything
so… if these people are using legal “loopholes” to do there taxes, what is the problem? anybody is more than welcome to send in more taxes than they owe. uncle joe will not turn the money away!
op: arguing for crypto adoption via scrutiny against the top 0.01% *btc hits * op: finds various ways to avoid taxes
bill gates built his entire empire on theft. give me a fucking break.
you’re right but they’ll never admit it. mass adoption is the only way to win.
who needs crypto to launder money when you have traditional financial institutions that will do it for your?
i swear ever since i’ve heard bitcoin was away for cartels to launder money i never truly understood that because if a cartel was trying to move money they would have to take large sums of cash to buy large amounts of bitcoin and in order to buy the bitcoin they would’ve had to funneled the money through a bank account in order to get to the bitcoin or some sort of funding to get to the bitcoin so how are they laundering money unless they meant laundering money as in transferring bitcoin from one person to another or paying someone cash for the bitcoin which again just doesn’t make sense…
they want to ban crypto so they can launder the old fashioned way.
thats like saying, "ice cream should not melt, because *they* drank all the water" doesn't make any sense ! there are more crimes than tax evation, which technical isnt a crime, and surely not what bill gates meant. he means the frauds, the scams, the racketering, price manipulation, pyramid schemes, and theft. when you are a victim, you are on your own and dependend on a wild and free community. with , regulation, insureance, security and support. it would be good for the markets if they matured further, and get rid of the most damaging .
op should send this to ted cruz, he can use it as a rebuttal to warren’s non stop attack on crypto.
this just in: people use crypto as currency
they take a few incidents of ransomware and decides that is the reason it needs to stop??
bill is just worried about his net worth in cash being devalued. cash is 🗑
god forbid they use an immutable ledger to hide illegal activities.
kind of like pledging a billion dollars to a charity you own to buy land ...
they literally can’t do anything about monero and we’ll always find a better way.
this is a good post puts things in perspective, the rich do not like the poor to do the same they do every fucking day.
the crypto- crime argument is weak. criminals use fiat for crimes and have been using fiat forever, should we get rid of it? stop using it? should we have stopped using dollars in the 80's because criminals also used them? dollars can be harder to trace than crypto. i guess on some level, maybe it is harder to recover, maybe it is easier for criminals to get access to. maybe. crime was not invented with crypto, it is been a problem. also what certain activities is he referring to? i doubt any of them would cease to exist without crypto.
lol yea let’s use this one findings to say it’ll never be used to launder money.
i thought he is smart.
as if ppl don’t launder money with usd.
this is just the things making the things worse in the face of enemity.
windows was and is used in criminal activities too. should be banned i guess...
he's got a lot of words that he’d have more luck in carnie culture.
why to expect them to support crypto. fiat is they have earned all their lives. the flaws of fiat had helped them make millions of fiat gains. they are ought to support it. what else do you expect!
mods taking down comments that prove how fucking dumb this post is
you can bet that fucking windows and fiat money has and still is used by criminals a lot more than crypto. hilarious! 😅
i guess bill is high ….fuck him
it varies, but a 6 month cash reserve.
all we hear is bla bla bla
now now, he meant "criminal activities" as in things that they are not involved with. because they are not criminals, they are just smart.
‘we didn’t look for money laundering via crypto and surprise, surprise, we didn’t find the thing we didn’t look for’. this nonsense is like claiming there’s no embezzling in a company because an audit didn’t find it, completely ignoring the fact that audits aren’t intended or designed to detect embezzlement. please at least minimally educate yourself before posting such nonsense.
they are traditional finance and government. why would they cut their own throats?
because it still is a way to money launder...two wrongs do not make a right buddy
what funny is that the majority of criminals organizations such as cartels, are using chinese banking apps to launder money now. the us cant check it because its china owned, making it perfect to launder money through. search it up, the info is all on the internet. they should be arresting the pump and dumpers such at those faze clan members. fking scum bags
bill gates and his billionaire buddies bought off the us government and made illegal shit legal.
what are the far reaching positive sides of crypto ?
drugs are prolly the most bought thing with crypto
the criminal thing is that is all legal!
i thought the crime stuff was why we liked it
“the way cryptocurrency works today allows for certain criminal activities. it’d be good to get rid of that” ok let us say it does so what? you prefer fake restaurents, thai massage ? there is a billion way to money launder, the crypto one is definitly by far the one that damage the society the less.
here: go to the commercial section and tell me which shop accepts something like usd. no tool is evil. only the purpose it is used for may be.
how much money was laundered through standard untraceable money. how much was laundered though bitcoin- that’s the beauty of it - you can’t answer question one accurately so question 2 sounds like a big number
gates is too busy taking over farms and preparing for an apocalypse
i always say wtf are we making new taxes just collecting the ones fairly owed would make a huge difference.
the rich and power hate the idea of the average guy getting rich overnight
i can assure you the cartels use crypto to transfer funds internationally
this requires these people to have a sense of shame to appeal to ' they dont gaf about you or anyone other than themselves
all those coyotes taking crypto to shuttle illegals across the border.
grandpa bill needs to stfu!!! there was one case though in the pandora papers that was vaguely connected to crypto: [ still, it does not change a thing. 99% of the report was tied to criminals using fiat. should we ban fiat???
like they always say, you cannot teach an old dog new tricks. sorry bill
technically crypto is used by everyday person to launder money. international banks is used by the rich and famous to ~~launder~~ invest globally in a diversified way.
ha, the day that happens will never be.
lol i personally think this article is dumb. publicly known crime are just plain stupid.
what he really means is greedy asshole piticians and power hungry bajillionaires have not figured out a way to game the system of crypto to fill their own pockets as of yet, and they dont like it.
i'm pretty sure you can do illegal stuff with hard cash too.
see also - cash money. fuck these rich cunts.
need some advice on how to avoid maximum taxes
🤣 hackers traffick in cripto
sorry to break your bubble but most of the companies used to launder money were set up before crypto was even invented
i like to believe people are allowed to change their minds. as long as they are willing to admit they were wrong. most of us have the advantage of being asked our opinions about every new topic or technology. as an example, i thought the whole covid-19 thing was overblown and thought it would blow over just like swine flu or bird flu did. i seriously had to swallow my words.
i think there’s a lot of scans that happen due to lack of sec oversight and regulations being applied. for example pump and dumps are incredibly common for shot coins, and are totally legal. remember for the kids coin? he’s entirely correct that there’s a lot of horrible activity going on in the crypto world, weather or not it should be that way or not is the thiscussion. not weather or not it’s happening.
actually, crypto was created as a response to a certain criminal activity. perhaps he is trying to shift attention away from the panama papers.
bill gates just makes money on fools
bill gates advocates for higher taxes on the rich.
i mean taxation is theft, idk why everyone is all bent out of shape about tax evasion (considering this is legal tax evasion) hell statements like "its legal but its unethical" make me stand even stronger on my stance that taxation is theft and taxation is the problem, not tax evasion. if tax evasion (legal tax evasion) like this was really a hinderance to the us youd think theyd outlaw shell companies, and off shore bank accounts etc. but they dont, they just try and convince some dumbass libtard that tax evasion = bad and make them support communism
i’m in favor of banning crypto currency exchanges. if you want to trade your digital beanie babies feel free, but you can’t trade it for real money. that seems fair.
🐸🚀 dont pass that again 🚀
honestly, if it is legal, i see no reason to prevent rich people from avoiding some taxes. it's not like the government is gonna do anything good with that money, if they spent wisely, they could probably double their effectiveness, and cut taxes across the board.
everybody knows cryptocurrencies (electronic beanie babies) are for criminals and fraudsters. of course they are all criminals.
vulnerable group? are crypto holders a minority now?
bill gates is a bad guy. boomers love him for some reason. 🐑
these guys got traditional finance in their back pockets, but they cant control crypto so they spin this narrative.
“the way fiat works today allows for certain criminal activities. it’d be good to get rid of that” fixed it!!
i would normally say these people do not understand crypto, but looks like bill does not want to understand crypto.
people gaslights and projects to move their faults over to others
lack of monica didnt do good to bill
have you guys realized whenever the crypto market is rising or when news of it rising begins, these people start losing their shit and start commenting on ideas about crypto that they have absolutely no idea about !
bill gates is also a mass murderer, do not forget that.
crapto is absolutely used to launder money. the us govt pays mossad and al queda with crypto. shortsellers hide their i'll gotten gains in crypto.
alright!! moving to linux now! :)
i think he is saying, "if you think things are bad now with tax avoidance, things will be 100x worse if crypto becomes more mainstream".
does anyone actually research anything here? i know its easy to hate everyone who make any remotely negative comment about crypto but fucking hell.
says the guy who helped shape the fucking internet.
this is nonsense. we all like crypto here obviously but it 100% is used to launder money among other illegal things. it just does not outweigh the good it can do.
i don’t want to hear about criminal activities from bill gates until he explains why he was hanging out with a sex offender.
stop this suppression of comments for god's sake
it's possible he is referring to the insane amount of leverage large trading firms are allowed from their crypto holdings.
isn't that the point of crypto that it is near impossible to trace it back?
oh dear billy, we are doing criminal stuffs on your windows computers, maybe is windows that is used bu criminals ? 🤣🧠
u, which has to be magnitudes larger in both quantity and impact on society. in the off-chance someone on this account actually checks it, what’s your standpoint on the corruption, criminal activity, and unethical behaviour associated with regular currency and the traditional financial system relative to cryptocurrency?
amen brother, heil crypto.
here comes the one more billionaire …i guess he did not bought the dip he is trying manipulate now. such an assole!!!
i know right. i hate this sub i swear
do you mind? we're circlejerkin' here...
you must be new here. crypto good, banks. all other details, and general accuracy, unimportant...
this whole thread is just an example how easy it is to manipulate people and stories. even the quote from gates is factual and i see nothing wrong with it. it's not like he calls for bans or anything. he literally said there are ways to improve cryptocurrencies. i think we can stand behind that.
this right here. also, the op thisplays a startling lack of understanding of what “money laundering“ is, and why one would engage in that activity. the entities whose financial activities were exposed by the link of the pandora papers weren’t laundering their money; indeed they had no reason to, because they derived their income by lawful means.
and makes y’all look like uneducated children.
the other comments show that this subreddit is basically the financial wing of .
i think crypto is great, but do people not realise that if we do not hear about money laundering through crypto; its because crypto is so much more anonymous and untraceable as the dollar?
i mean it was kind of poorly articulated, but i think the point op was trying to make is that there exist several ways - aside from crypto - for the rich and powerful to launder money that have largely gone ignored but now congress is all up in arms because crypto is "creating a libertarian parathise" where the common man could possibly avoid paying taxes on money made. ' i mean maybe i'm wrong on that but i figured that is what they were trying to say.
its like a parent with an unruly toddler that treats them like an angel who does no wrong. there is plenty wrong with crypto, and it is far from being adopted as any sort of acceptable currency for purchases offline
swear if i hear one thing about these damn papers and their link to crypto ill loose my damn mind.
also, i do not thisagree with bill's statements. it'd be good if there was a way to deal with criminal activity on the blockchain. that would only make it even better than fiat.
blaming others for making "fake news" to take the attention away from you, is nothing new.
yeah but... he can get moons if enough people think it is a great title
yeah i have a bitcoin atm across the street, are you telling me the pandora papers are going to tell me if people used that machine to launder drug money? you cannot tell me that these are not being strategicly placed at gas stations because that is where everyone buys their coin.
n korea hacks billions of crypto 2020 zzzzzzz
i still have hope but considering the washington post is involved and the below statement from their website i'll be wary of the info; >icij is also a participant in the amazon services llc associates program, an affiliate advertising program designed to provide a means for us to earn fees by linking to amazon.com and affiliated sites. if jeff bezos is mentioned it might restore my trust. i am also thisappointed that it is mostly politicians in there and not the forbes 500 lists.
they could have found someone holding bitcoin or something xd i think it kinda means dollar is too good for them xd
i work in anti money laundering. we have so many controls in place all it takes is for the govt to say “same rules apply” and there goes crypto.
i'm not saying bill is a big fat liar, i'm saying i want to know why he paled around with epstein for so long, and why he paid to wash the internet of this news.
and got 3.5k upvotes as of right now…
lmao true literally the first thing i thought when reading.
the point is that these people did not *need* crypto to do this shit.
if somebody thinks crypto is not used to commit crimes they are fucking morons.
there wouldn't be much to put in it anyway. we know that 99.9% of this shady behaviour is done using traditional means.
lol thank god this is the top comment. jesus christ op.
someone with a head on their shoulders
yeah. it is however, small fry in terms of laundering, and the only reason a billionaire like bill gates is bringing it up is to shift the heat onto an easy target like crypto instead of the traditional ways he uses to launder money.
that’s not the point, it’s the hypocrisy
the point is that fiat is being used in those papers not crypto. obv. also, who cares what bill gates thinks, he is a total loser.
shhhh the goal is to get moons not state facts
i think the point was that the pandora papers show huge amounts of money laundering and none of it was with crypto. the point stands that traditional finance is broken. cryptos are not perfect, but many of the platforms offer honest and transparent transactions, which do not operate at the whims of a government or banking institution.
true but any crypto other than monero is rather a dumb place to do tax evasion, you know public ledger and all that, they are blaming crypto so it does not become the standard and does not make there scheming harder. another form of tax evasion is having a foundation. it's not just utter good-will. it saves him a lot of taxes.
same as gates lol
i think op is reaching a bit, but the truth is that currency doesn’t cause crime or tax evasion to happen. it’s gonna happen whether it’s fiat, btc monero or whatever. pandora papers don’t make me say “we need crypto” (even though we do), they make some say “we need better ways to hold the uber rich accountable to paying taxes.” it’s cool to get rich, like legit that’s the dream so have at it. but to take such a huge portion of wealth without paying taxes back to society fucks the poor.
i bought my drugs with cash from the drug dealer who lived on my block.
back when crypto currency had a use case and was not just a speculative bubble.
because they need confirmation that all the time and money they have put into cryptocurrency is not some giant ponzi scheme that is going to leave them with nothing... it gives the little guy something to root for when they have otherwise got nothing.
you’re absolutely right. i’m a huge fan of crypto but it doesn’t take a genius to see how easily it, and more so nft’s can be used to launder money.
it'd be good to get rid of that. :-)
i do not necessarily thisagree with you but they are not talking about the panama papers. pandora papers are a real thing that just came out
they say that like usd is not ever used for illegal activities. don't hear any bitchin about that
you mean like using it to ride with a certain someone on a certain plane to a certain island for certain activities with certain girls of a certain age?
the same privacy and universal availability that crypto offers to people with oppressive government, also enables north korea to skirt economic sanctions. it’s a conundrum we should take seriously. mass-adoption pretty much depends on it. just my two satoshis.
windows accounts for just under 90% of os installs worldwide. the fraud committed using windows-based computers drastically outpaces crypto-related crime. by gate's logic, it would be good to get rid of that.
eh a lot of it is a lack of understanding and a lot of it is intentional misdirection. the talking heads do as they are told and i’m guessing most are told and paid to remain oblivious to the reality of what crypto truly is. it’s a permanent record that is independently verifiable in almost all its forms… looking at you monero. so it’s not useful to conduct back door dealings with. fiat currency is perfect for crime. has been and always will be. the problem is the largest criminals are the banks themselves and they want to delay an educated public as long as possible in order to remain in power. there will be change on the horizon though. if history has told us anything, it’s that change is inevitable. every empire has fallen and every fiat currency has eventually gone to zero. fiat is a slow burning shit coin.
there’s plenty of tech journalists who’ve written about organized crime running farms
yeah, the media logic doesn’t add up with that one. imagine seeing a headline “man pays contract killer in usd for murder” then the article goes on to imply that the usd should be abandoned because of this.
people don’t want to hear it. fact is crypto is way easier to use illicitly. most white collar crooks are slow on the uptake, but in the coming years it will be an epidemic. that’s not to say crypto is bad, and i’m not sure how you prevent the illegal stuff without destroying some of the benefits, but the replies to this post are straight up toxic.
you’re 100% correct. and as a former bank teller, money laundering thru traditional means hasn’t stopped either.
anyone still on vista 100%
how can it not be tracked? it definitely can be tracked, if the on ramp implemented kyc
for real maybe it is a good thing these guys do not realise the power of monero yet or govts wouldn't have a chance clawing any of this back.
this is the correct answer. bitcoin is not even anonymous, it’s more pseudonymous. it’s like people forgot how silk road was busted
*laughs in imaginary boating accidents*
but you aren’t doing it online while being anonymous.
i'd say no one denies that bitcoin, such as buying drugs. however, i've bought way more drugs with fiat and the theory that bitcoin is a good money launderer, is not that strong. if you compare bitcoin with fiat, fiat is also much more used in money-laundering. the greatest money-laundering scandal was made possible by nordic banks, the fucking guardians of fiat. bitcoin is public, which mean everyone has the possibility of tracking a certain bitcoin through multiple pair of hands. in the modern banking system, we are kept in the dark and normal people cannot see if banks are laundering money. if bitcoin or monero was that awesome at money-laundering, we'd be in a hell lot of worse position, but professional criminals still use banks, since they are just the better alternative if you really want it laundered the right way.
ofcourse crypto is getting used for illegal activities and it has just begun.
isn’t the us dollar the most used in criminal activities by far?
if they regulated this and made that type of behavior illegal (like it is in tradition finances) it would be trivially easy to catch because of the trabsparent nature of the blockchain.
“spare key for dads house” lmao
yea those are some nice false equivalencies
dude really searched around his house for a few good minutes to write this comment. i respect that.
please return my handcuffs
it's true...and the u.s. dollar is the most used currency with the cartels. oh, and hsbc i believe was fined for holding millions for cartels. that within the banking system
>things that i own that "allow for certain criminal activities" > >novelty furry handcuffs > >hands > >bed is this a secret message?
dude must have messed his whole house up to get this
"bluetooth speaker" got me
larynx? you been playing too much mortal combat?
and most important than all - windows it's how robbers come inside!
the "criminal activity" argument against the use of crypto is probably the dumbest one out there
the title kind of gives it away. sure billionaires did not use it to launder money but in no way does that prove it is not being used by regular street level criminals. hell i know a weed dealer who takes crypto and zelle lol
oh yes. my friend lived over there. there’s guys for “organizations” whose job is strictly to launder their money through crypto. and it’s big lol.
most cryptos have public ledgers, so if you know that a certain transaction id is linked to an individual, you can follow the trail to an extent and see where it pops up being spent in fiat currency again.
imagine thinking crypto was not used for laundering!
i think kings understand that pheasants are delicious. peasants on the other hand...
i was hoping fb would never come back up!
virtually all the crime that ever existed
that's a bold strategy cotton. let's see if it pays off for him.
"the horrible people are doing horrible things. therefore, i shall do the same".
yeah i think bill is anxious about the pandora paper, too. tried to thiscredit it and blame all on crypto to transfer public focus. about time to introduce him reddit and redditors.
indeed. isn't the man just saying that we should get rid of cryminal activity, not crypto? and everybody is throwing up on the man. when 90% of the people on this sub cannot read, i wonder how much i should care about their finantial advice. and although gates is not bullish on bitcoin (due mostly to energy inefficiency), he is very positive on, quote, "digital money"
yea i gotta point out that if crypto is even a fraction of as private as people say it is, all this proves is that they did not get \*caught\* using it. because that is fundamentally how it would work. if it is private this wouldn't have revealed it.
...or rather one who kept company with jeffrey epstein.
bingo! which is why some believe it was made by cia. tracks every single transaction. there is no way around it, completely eradicating any chance to launder money once paper is obsolete, which i expect to happen in the next 50 yrs if not sooner. those that see it as a way to launder only see the short sight of it when it wasn’t regulated, now it is & with the coming bills in government we won’t even be able to transfer over . the funny part to me is no mention of all the cash apps here which really have been an easier way to launder money for small time drug dealers, thieves, small businesses, entrepreneurs working all under the table with 1v1 coaching’s been less regulated & anonymous until now
because it is not a crime if they do it according to those in power.
yeah, you could use the same evidence in the pandora papers to draw the opposite conclusions. either a) crypto was not found to be a means to hide possibly ill-gotten wealth from taxes in the pandora papers, therefore it is not used to hide that wealth. or b) crypto was not found to be a means to hide possibly ill-gotten wealth from taxes in the pandora papers, therefore it does a better job of hiding that wealth than the means thisclosed in the pandora papers. nobody really knows the full picture. if anything, all this illustrates is that wealthy people will use whatever tools available to keep as much of their wealth as possible, regardless of the ethics. somebody hiding money offshore probably wouldn't be opposed to putting some of it into bitcoin.
old man not up to date with new technology. big surprise.
he's not too old to adopt it you insufferable dumbass. he's rich as fuck and could legally have you killed for fun on a whim. what's he gotta do? make a coinbase account and buy some? you think he cannot do that? you best start practicing cutting crystallized sugar umbrellas out of circles with needles because i do not see you even keeping down a mcdonald's job.
this is the content i enjoy
these billionaires do not want normal people like us to join their club. but they themselves take advantage of the loop holes in the existing financial system. it's a sad world.
rich people do understand, they dont want more people to join their club.
i don’t think bill gates doesn’t understand the technology. his investments are not in crypto that’s why he is against it. in 10 years, after they buy cheap, him and the rest of his gang will say publicly what a great investment crypto is.
i'm fairly certain he understands it better than 99,99% of this sub... and it is not like the quote is not truth. tons of stupid things going on in crypto, just enter telegram 10 secs and receive 30 rug projects offers, 30 pump and dump offers. like yeah, it needs to be bettered, nothing wrong with that.
turns out... cash is no better in that regard
dude this whole sub is so odd
what’s the lie, exactly? crypto 100% is used for some criminal activity, as is cash. he might be thisingenuous with that comment but not lying.
how was he lying? i cannot see any lies in the quote here. > the way cryptocurrency works today allows for certain criminal activities. note, he does not say it is used for it, just that the current design allows for it. which is true. a fact. > it’d be good to get rid of that this is an opinion, and cannot really be true or false. thus it cannot really be a lie either.
we're supposed to worship billionaires here goddamnit 😭
no not all of them, monreo is widely known for for illegal transactions because it really is anonymous
wholesome, yet true. well put.
this is the way. i have spoken.
negative. yhey are using filters money to rob the value of everyone's savings and investments. they are the criminals. people like gates trying to institute the id2020 system. they are not just bad people, they are evil. if they say its bad for people, its good for people. if they say its good for people, it is bad for people.
lmao back then i thought the only way to even get btc was to sell something on the dark web
compared to the crime that is been committed with fiat over the past centuries? crypto makes it harder to hide transactions. petty crime is possible but not moving large sums around easily.
yeah there’s a suspicious lack of american names in the paper too but that doesn’t mean everyone in the usa is a saint lol
ya but smart people are dumb sometimes too, this is a great example of that.
he was on epstein's island though. more than once.
yeah, you better read up on those „charities“. russel brand did a good piece on it a short while ago. the super rich use those charities to minimize their tax burden and then find ways for the money to get back to them. please notice how much their wealth has increased since they „give away“ so much to „charity“.
isn't that guy a pedophile? didn't that guy use illegal business practices to crush competition? didn't the us government have to step in to put a stop to the windows monopoly that prevented competitors from developing software? why does anybody care what he thinks? he absolutely is on the list of shitbags that need to be gone after.
bill gates is a criminal. like all the other “elite” criminals, he wants to wipe out his perceived competition.
they are not stacking billions. they own actions of their company and those actions are worth billions. if they would sell to help others with the money, they would lose control of their company.
the are stacking billions...just because they can...
what do they even need all those billions for?
yes that why you can you anything on dark net with bitcoins. just look on ex silk road.
decentralized and private are two different things. you can have one, both, or neither.
um if it were untraceable, the pandora papers would be worthless? we can see crypto transactions transparently today, but no idea who is trading them since there is no kyc
ah, yes, because its not like scams, rugpulls, or exchange wallets emptied by the exchange owners happens often in crypto, and every single time it did happen the people responsible were arrested and put on jail, right? because of the safety of the undying paper trail, right? it has never been easier to scam people and launder money than it is in crypto.
more people need to understand this…
you guys say this shit all the time and then fawn over vitalik or armstrong or whoever the hell is a proponent of your speculation du jour.
end the drug war and that will eliminate 99% of it.
he knows how to steal an operating system, claim the code as his and then sell it en masse to the point of an anti trust lawsuit.
the number of illicit activities done through windows is probably way more the amount done over crypto. yet there are no regulations on windows that try to curtail those activities.
please explain how bill gates did his best to keep you penniless?
come on man, hate on the guy all you want but your statement about basic is not entirely true. altair basic was an interpreter for basic language. it was written by microsoft and sold by mits under contract. this was a version that was on the store shelves. apple was selling their own version called apple basic. as so many other companies. the letter from your comment was about people literally copying tapes of paid altair basic and re-thistributing them for free. it started with dan sokol copying a pre-release version. but it was not an open source version, just a pre-release. this event is largerly seen as the first case of software piracy and had nothing to do with open source software. and specifically this section:
so there are no 'good' billionaires... noted!
right. and now microsoft owns github.
he did not *hate* people that made open source software, that is false. he *thisliked* people that pirated his software, however he understood the value (and threat) of oss (unlike ballmer). also, it is important to note peoples opinions change over time. if you think he still has the attitude towards oss he had in the 70s, you're mistaken.
you're talking out your ass here. let's examine the reality. did nefarious shit happen before crypto? hmm, how was it possible for people to get away with crimes before 'hiding their identity' thru crypto? so, how often has fiat money been used for nefarious means? way more than crypto ever fucking has times a billion?? wow, these nefarious crimes must be on the rise because crypto and tech is making is so fucking easy to get away with!! they're not? in fact the opposite? does crypto make it easier to get away with crime? it actually does not, if you fucking understood anything about crypto. did you know that the fbi *loves* when people use crypto for criminal activities, because its *way fucking easier* to track criminals on a blockchain, rather than trying to follow a briefcase of cash that no one will ever fucking see. laundering fiat money is easier than you'd ever realize. crypto does not make it easier, it in fact makes it harder in many ways to have an uneditable trace of who is doing business with who. tumblers, tor, etc, are not foolproof, time and time again, smarter good guys win against criminals who think they have a leg up. i think the echo chamber you subscribe to likes to pretend you're on some moral high ground for missing the crypto boom. maybe check out some of the research on this topic here:
where did that come from?
bill gates is a criminal. it'd be good to get rid of him.
"oh open source data on vaccines? not on my watch oxford! sell out or have all your funding pulled," also bill gates. "why are their so many variants?" -world
its those 160 millions . or the fact that they all drop the same exact amount at the same time all the time pointing toward a big scam.
so? everything you said applies to fiat and a bunch of other things. dealers and organized crime launder through all kinds of things. i guess you never heard about hsbc and the mexican cartels either? the banks have been profiting from organized crime and terrorism since the start of organized crime and terrorism.
your probably smarter than everyone here
dude. i’m sorry. but you’re wrong about some of that. yeah, personally, he’s mostly a trash person. but he has spent a boatload of his own money to do some serious good in the world. in particular, his work on health care in africa has had a greater effect than that of any other organization in the varied areas he has addressed. and he never claimed to be the king of healthcare. people call him shit like that because instead of flying to space on a penis shaped rocket, he has spent his billions doing good on this planet. so, yeah, give him crap over the things he deserves it on. he seems to have been a dick and bad husband. literally all billionaires run in similar social circles, so yeah, he hung out with epstein. and as neither of us know what happened, i’ll leave it there. but to deny the good he’s done just for cheap political points in unnecessary and the kind of rhetoric that turns people off from believing anything you have to say. you’ve got plenty of valid reasons to hate him. no need to destroy your credibility with unnecessary embellishments.
1) they know how to 'old' system works and how they can 'control' it 2) they fear the new system as they do not know how it works and they cannot 'control' it
lol bill gates is an idiot? bill gates? bill gates? the guy that made microsoft bill gates? the guy that switched the computer game from hardware to software bill gates? the guy that bailed out apple bill gates? or the guy that as a high schooler helped governments set up previously unthought of strategy for thistribution bill gates? the person that pioneered gaming tech and tablet tech bill gates? is an idiot? who the fuck are you?
then it gets blacklisted and is near impossible to cash out
most criminals deal with physical money. crypto is easier to trace than that.
crypto has public ledger, all transactions are visible, fiat money are way more untraceable...
> you don’t have a pandora papers for crypto because you can’t trace it. that only applies to monero.
schneier is legit and worth listening to. nice link. between him and people like de filippi the debates over there must be interesting.
prove he is a pedophile or shut the fuck up.
which is ironic because a czar was actually names in the pandora papers to have used bitcoin to hide wealth.
maybe op was hiding a draft of this post in their offshore reddit account.
fuck steve jobs and elon musk
ya that fucker donating billions of dollars to fund projects that need to happen but that governments cannot get their shit together to support. what an absolute asshat.
yeah, fuck him for saving all those children.
there is something sinister behind his smile
source on them being "best mates"?
yeah right. ofcourse i know nothing about my pals
you can tell that crypto has been infiltrated by millions or normlets who literally only care about their shitcoin going up, when a comment like this gets downvoted. when crypto was created this was literally what crypto was meant to avoid… getting fucked in the ass for 30% of your paycheck to fund assholes and banks.
crypto is 100% traceable, the trick is to find out who owns the wallets...
unless you're taking specifically about monero, crypto is more traceable than any fiat currency.
of course it is. that is what is so attractive about it, silly.
wtf man? most of what he does is to help mankind. but sure let’s ignore all of that because of his stance on crypto.
fiat has been used to launder much much much more
it's a report on worldwide corruption, just released this week believe.
holy shit i literally turned off notifications for it last night and then it just doubles.
wozniak was a co-founder of apple.
what do you mean "still"? this is an older quote and op referenced it for karma. this is not news.
you lost me at "embrace your freedom by contracting preventable thisease"
yikes that is a lot of conspiracy nonsense in one post...
and he claims he knows nothing about epstein
alright buddy i think you’re getting a little carried away lol
jesus christ this sub is approaching .
loopholes often exist because tax laws between different countries don’t perfectly overlap. it’s not exactly a problem of democracy, or a thing countries can handle by themselves.
one would assume the fact that it’s possible to hide your money so well that it doesn’t get your name leaked in the panama or pandora or parathise papers would be a pretty good use case.
i really hope that is sarcasm.
listen, i'm not a fan of bill gates or the american government either, but throwing pedo accusations at every rich person you thislike is hurting the public thiscourse.
media and others does not leave crypto alone when a significant scam occurs in crypto
he said crypto is used for criminal activities like money laundering at a earlier date. while he was dodging taxes using trusts and other loopholes at the same time. i wanted show the hipocrisy
they are all the same. elon , cathy woods all invests funds through trusts. these trusts are used to reduce taxes. just because cathie woods is in the same boat with us, do not put her on a pedestal. you will pay 20% capital gains tax for selling crypto at one poin tof time. they would not. elon paid a ture tax rate of 3.28% between 2014 to 2018 according to propublica report in june
completely delusional, it is never going to happen. if people cannot agree to take a fucking vaccine, they will never agree to mass tax evasion.
his intelligence peaked a long time ago and has been waning ever since.
hsbc enters the chat...
smart contracts, immutable transactions
money is used to launder money. whats your point
> still, it does not change a thing. 99% of the report was tied to criminals using fiat. should we ban fiat??? yes we should, that would cause crypto to skyrocket.
hold for a year at least before selling. take out loans against your crypto when you need money instead of selling your crypto.
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do you have a drivers license
shame he ducks so much with his phoney foundations.
that's not even true. bitcoin is a ledger is the opposite of what you just described. people just did not understand the technology in the early 2010s
digital beanie babies... you realise that your hero “timpool” would legitimately not exist in the space he’s in if not for large amounts of cryptocurrency donations he received early on? that he traded for “real money”?
digital beanie babies. i like that
but poor people should pay full tax while the rich can pay however much they think is appropriate? dumb reasoning. rules must be same for all. a lot of the revelations in the pandora papers are politicians, and i can bet that most of their gains were illegal. but they laundered them and are now considered legal...
the gaslights and projects their faults over to the new guy
he was short tesla too
this subreddit is full to the brim of conspiracy dibshits who never read more than a headline. the absurd number comments here that are just calling bill gates a pedophile and nothing else is proof of that.
> such an assole!!! ah yes, the guy who puts a lot more time into helping people is such an asshole.
welcome to the echo chamber.
these people will rant on about this shit and refuse to vote on any legislation that fixes it. maybe one day they will get rich and own a business ya know? wont stop them from complaining about it.
>the rich are holding properties and investments under a network of offshore companies that are set up in other countries, or "offshore". "no one goes to jail, and they all lived happily ever after." end
there'd be nothing wrong with some nuance and intellectual thiscussion. we should definitely strive for that instead of the constant circlejerk of banks, crypto good.
i'll just watch from here
bank bad, crypto god - r
is there actually a good crypto sub with level-headed analysis
nfts ~~could~~ be laundering money but we'll just turn a blind eye there
i dont even thinks its directly about money laundering this time, its more about hiding purchases to not create questions as to where the money came from in the first place. (for example high class politcans buying houses offshore, which they dont want anyone to know they have) so it could be "dirty" money in some cases, but generically speaking its just hiding the purchase itself.
we should stand behind that tbh. "it's good enough, do not fix it" is for fiat. "we can and need to do better" should be for crypto.
i thisagree there is nothing wrong with it. money laundering existed before crypto, i do not see him saying we can do without fiat
monero is, most of the crypto is not
give me a , then try and trace what i do with it.
how would you do that without trading away privacy and decentralisation?
>he is a total loser. lol
“fiat is being used in those papers not crypto” *shifts eyes nervously for wanting for crypto moon in order to sell it for fiat*
the pandora papers didn’t track crypto though. imagine you did a study where you asked everyone with red hair if they had ever gotten a speeding ticket. then at the end of your study you said “no blonde people said they had gotten speeding tickets! they must be better drivers than these red heads!” clearly that doesn’t make any sense because you didn’t even get data from blonde people. the pandora papers don’t give you any data about crypto, it just gives you examples of financial crimes committed using traditional currency. you can’t draw conclusions about crypto vs traditional currency without also getting the same information on crypto, which you do not have
the only issue with that argument is that the pandora papers do not show the financial system is broke. it shows that there are still avenues for the very rich to circumvent their country's financial laws and taxation. tax avoidance is also very much a crypto issue.
a bit? op may have just well as well said there are no pictures of grapefruit on the internet because they googled “erotic alarm clocks” and no grapefruit came up in the results. not to mention, have the papers even been released yet?
that's cool but a lot of these posts are delusional...
be the change you want to see in the world, i do not use windows and neither should you :d
you're 100% right, my brain must have just jumped to conclusions. but even so, crypto is pretty new for the biggest players over the last year or 2. so we're just getting started with crypto on that route. definitely gonna have to check out the pandora papers though, i have not even heard of that yet.
shhh you're on reddit man. crypto is nothing more than the best thing to ever happen to anyone. edit:
>eric contacts a hawala dealer in the recipient’s city, tom, and asks him >to give john >password. tom transfers the money to john from his own account, minus >commission, and eric will owe tom . one of the simple and widely known traditional ways that can easily be turned into digital.
unfortunately irs’s bounty of 625k doesn’t do justice
this guy whales 🐳
just use windows to get in. need no key.
who said moon farming was an easy job ? ^
not any more it is not 🙄😅
if you add "spare key for dad's house" it gets more concerning
it's not mutually exclusive, billionaires could also be using crypto it is just not in the leak, which could actually enforce his point, we have not caught them using crypto.
but the panama papers being mostly bank records would not reveal that until it comes back.
seriously man, how could you say this, because i didnt know.
young bill gates was a spawn of satan. he destroys every competition and steals everything to maintain monopoly.
one thing for sure btc is a game changer and he is afraid of accepting it.
and anyone who runs money by politics
that is a fair point. people will attempt to game any system including crypto, but to me the benefit of crypto is that the rules are applied consistently and transparently.
hey! get out of here with that nonsense. never on a windows device! maybe apple, bsd, or linux. bill gates would never be involved in a product that could be used illegally!
this 100%. they know. you think bill gates doesn’t understand how revolutionary the software is behind bitcoin? he just doesn’t want the game to change
yeah only the ones got the potential to be rich will do something not the one who already have more then enough.
that’s how they continue to get their bags bigger
crypto does not allow more people to join the club. whales already dominate and manipulate the market. your 0.02 btc is not going to change the world, and by the time you accumulate 0.5, billionaires will already have their billions in bitcoin. the people who think bitcoin allows the common man to get rich are the ones thinking this is a get rich quick scheme. those already exist. if you have dreams of your crypto becoming millions, why did not you invest in gme and make your millions there? why did not you capitalize on tsla last year? or aapl pre-iphone? those opportunities already existed for the average person.
load em bags and shill em !
sadly, he is got enough money to never need to touch crypto
literally saying it will be good to get rid of the ability for criminals to use crypto for illegal activities yet he is an idiot that does not get crypto. this surely could only be good for crypto lol
oh do not worry we will once they start to say anything positive about crypto...
*if you do not find a way to make money while you are sleeping, you will never stop working* or something along those lines idk i just buy high and sell low
i mean i've been in a catholic church a few times... being in an area where crimes have happened. thinking otherwise is one of the many ways we keep slaves imprisoned... prisoners are slaves, we should at least be extremely particular about it.
the gates foundation is widely considered to be one of the most efficient and effective charities in the world. it’s true that many of the charities that ultra-wealthy people give to are scams or tax dodges or wastes of money, but every smart person who has seriously looked into the gates foundation has concluded that it’s none of those things. the fact that you saw a russell brand youtube video (lol) about some other charity being bad doesn’t mean that the gates foundation is bad. their anti-malaria work alone has saved hundreds of thousands of lives.
> isn’t that guy a pedophile? probably not? i’ve never seen any evidence that he is. weird accusation to make if you’re basing it on nothing. > didn’t he do antitrust violations? yeah, probably? he was a ruthless businessman. now he’s the greatest philanthropist in world history. sort of a carnegie figure. > he should be killed you should take your meds
they wouldn't just lose control of their company, they would likely destroy it. just imagine the absolute clusterfuck that would occur if someone like bezos sold off their shares in amazon. if he did not do it in exactly the right way it would absolutely cause a market panic.
it's all a game when you get to that level of wealth. the only motivation for money at that stage is ego.
it's ego, just look at our new space race ran by billionaires as there is literally no other way they can show off and one up each other.
i feel its all about proving a point and to satisfy their own ego after .
simple. the more they have, the less everyone else has. they do not want *enough* for themselves, they want to be further ahead of everyone else.
thanks for taking the time to point this out. every time i see people go on a kick of hating on microsoft for supposed attempt to squash open source they bring up this letter and i have to point out that open source advocates should also be generally advocating for less software piracy. if we have less software piracy, the demand for open source versions of paid software should be higher, which is actually a "win" for open source developers. we should not be advocating piracy necessarily, we should be happily creating viable open source solutions to paid commercial software so people do not have to pirate.
gates was on the epstein flight list, and met several times with epstein... after epstein was convicted. it's not like gates did not know.
so you're telling me the grifter that flies on jeffery epstein's plane and has inappropriate relationships at work is an up and up guy? he's a giant piece of shit. and i am not some crazy conspiracy theorist or anti vaxxer.
right, i meant more how the community is viewed. if somebody saw that this post is heavily upvoted here, they would take the community less seriously
rotflmao! you did not have to go mach 10 on them lol
guy who barely completed college and spends his days trying to make it rich. "man that bill gates, one of the richest and most successful business men in the world sure is a dumbass!"
lol, this sub is crazy.
fuck...that other guy, who did that other thing. (sorry, my list is too long for specifics.)
facebook i am sure 🙄
coffeezilla made a video about bill gates and epstein. i suggest you watch it.
his relationship with epstein hasn’t been addressed by him
it’s not just his crypto stance.
obviously it’s adoption rate is much. much larger…
go look up "reduce to zero" on youtube. it's a ted talk by bill gates. he literally said this.
said the guy who just referenced bill gates with respect to the panama papers. he was not even named in them. you're being a huge hypocrite.
of course. by no means am i putting these people on a pedestal. what i’m saying is that they will defend crypto in the public eye because they have so much money invested in it. by no means am i saying they will defend it out of the goodness of their hearts. hahaha
the nerve of these billionaires, hoarding wealth, actively trying to dodge taxes that benefit the commons. then opening their mouths to comment on these types of activities, that "it'd be good to rid of that" bill gates was a ruthless businessman peddling a subpar tech product.
you have a great point... lol
taking out loans against your crypto is horrible advice and i don’t know why the majority of people recommend it. let’s say your crypto portfolio got up to ,000 and you took out a loan for ,000 against it, we have a major market crash and your crypto portfolio turns into ,000 after you’ve taken the ,000 loan, what now?
i thisagree. i think you've drank the kool aid.
lol tim pool is *whose* hero? i think you are confused.
yep your name ist real.
nah, poor people can use those systems too, if they own their own business. literally every small business owner that wants to support themselves will do the exact same thing. politicians should not receive pay for being in the government, and if a politician comes into a large sum of money during the course of their term(s), then they should.be immediately investigated and potentially removed, depending on how they got the money. obviously and inheretence or stock market luck could influence that, so we'd have to make sure.
exactly. im not going to pretend gates is a saint jeez, but do some flipping research first shit.
tracing cash is what's hard
they also fail to point out that the majority of illegal financial activities are carried out with everyday fiat… cash is more untraceable and universally accepted than crypto…
but if we do that we go to jail end
what a glorious fairly tale
there are a few i've come across, but almost no activity. most people do not post without the moon incentive anyway.
fun fact: al capone established several money launderers in order to launder his ''dirty'' money. that is where the term ''money laundering comes from''.
maybe you should go back and read the other points i made before jumping to conclusions. i was not making the case that crypto is perfect. many cryptos have built in transparency. conventional currency does not, thus the system is broken.
i think the transparency is what is broken with the financial & monetary system. we cannot be good stewards of the economy if we do not regulate how the mega wealthy use their money. crypto offers a solution. even if we were to go the way of cbdc, it would mean more transparency and fairness.
once you realize that a huge portion of crypto fans are just “temporarily embarrassed millionaire” types, a lot starts to make sense…
there was a post a while ago pointing out that onlyfans could skirt their payment processers demanding action on child pornography on their platform by using crypto currency, due to its de-centralized nature and people were applauding it. we need to teach ethics better.
no hacker would hack it for a messily 625k
just an earnest perseverant shitposter sir!
thas right, no one!
tbf that is how the system works. competition ensures monopoly, monopoly is the logical end result of competition: every competition has a winner. that is how capitalism functions. various sets of circumstances can prevent monopolies from forming, including market effects, but they will always form in other industries, and form whenever a new technology goes mainstream. gates was merely acting in self interest, as we all do to some extent
jesus is this sub shite. point to me a business person in the top10 that did not do this kind of things. dude did nice thigns after, that is more i can ask for looking at history. even better, focus in building a decentralized future. microsoft supports crypto projects, that is good enough. hopefully we dethrone them in some decades.
a billion % gains from 12 years ago, he has to be scared and those banks are more scared than him. that’s why they don’t want us to succeed
exactly. crypto makes the playing grounds fair for everyone. the rich do not get ahead by playing fairly.
it’s because in time it will compete with his business.
his comment is very thisingenuous.
who's gonna be the one writing his software, selling his products and keeping his home clean if everybody gets into crypto?
fuck that asshole. was a douche when he was younger, still a douche now.
he sure does understand the technology thats why he is creating fud
well then let me escalate it out of the 'russel brand' sphere, so that you can no longer thisregard my argument: have you seen the recent interview of bill gates about eppstein? that was fucking weird. gates is also the biggest owner of private land in the u.s... that‘s not good.
his vaccines paralyzed thousands of girls in india. he’s a eugenics murderer.
information, logic, common sense.
and unless you're at conspiracy nut levels of stupid you know he was not accidently thisclosing plans to use vaccines to kill people off during a talk about getting to net zero emissions, but making the broadly accepted point that populations with good healthcare and low mortality tend to have lower population growth (as does general wealth and urbanisation).
i do not mean to come off as on bill gates side but isnt he saying reducing the 9 billion estimate by 10-15% and not the current world population?
by the dip with the loan, rinse and repeat until you are either rich or bankruptcy 🤣
gives away half his wealth in the name of philanthropy to his own foundations mostly unaccounted for, common tax avoidance scheme. now worth more than ever buying up most farmland in usa. heavily involved in companies screwing indian farmers. kudos for the vaccines and all but seems insignificant in the bigger picture. ironically seems like you're in the billy g cult talking about kool aid.
maybe they can, but they hardly will be allowed to do it. you have to pay for that kind of treatment. we will see what the fallout from this leak will be, but in most cases it will not end their terms or their careers. and their riches will be intact.
just shut the fuck up already you stupid bastard. it’s because of fuckwads like you that quality of life has gone down the shitter. the wealthiest individuals used to pay 70%+ in taxes and were still rich as fuck and everyone was better off for it. i honestly hope you die because the world doesn’t need more people like you. stop breathing, asap.
yeah there is plenty of real shit to criticize gates for, you do not need to make shit up and make everyone criticizing him look like a nutjob.
moons has made it worse, people are afraid of speaking out what they actually think as they’d lose out on moons that way.
you are just blatantly missing the point of the other posters comment. of course the paper doesn’t mention anything about crypto… no part of the paper was intended to investigate any facet of crypto. it has literally nothing to do with crypto.
conventional currency is pretty easily traceable though. unless you think people are shipping millions of dollars in cash to the cayman islands, but even that would be almost impossible to get through customs. some of cryptos biggest cheerleaders are libertarians who like crypto because it is less traceable than traditional currency. the reason these people don’t get prosecuted isn’t because traditional currency is hard to track, it’s because no one in power cares to prosecute them.
whale, there is no doubt in that. *tips hat*
>competition ensures monopoly, monopoly is the logical end result of competition: i believe this is backwards. when companies compete in an unregulated market, there are advantages large traditional players can use against smaller new ones, and *vice versa*. smaller players can leverage new technology, exercise more versatility, and adapt to modern circumstances to steal market share. the only true monopolies that have ever existed on a grand scale, at least in the united states, were government monopolies (for example police, courts, fda). when government has intervened with regulation to appease special interest groups, certain markets have come close to monopoly. when it has left markets relatively alone, competition has spawned a wide range of choices for consumers. consider the markets for cereal, shampoo, or automobiles. these are three of the most competitive industries in the economy, and they are nowhere close to forming a monopoly.
no mate. monopolys only exist on regulated markets, competitive does not ensure monopoly. you got that completely wrong
*self internet is but the survival of the animal in us* -henri frederic amiel
>tbf that is how the system works. competition ensures monopoly, monopoly is the logical end result of competition: every competition has a winner. that is how capitalism functions. this is so economically ignorant it is painful. yet the rest of the comment contains some valid insights from economics and political economy.
does it? because we're out here talking about whales owning 100s and 1000s of bitcoin. it makes it much easier for wealthy people to pump and dump and insider trade as well. i see it more leveling the playing field geopolitically, but not in a micro level.
or maybe he’s overthinking the cons more than pros
i didn’t thisregard your argument. i addressed it. now address mine, which is about the gates foundation’s work rather than your subjective feelings about whether bill gates is personally charismatic.
yes. why do you think there is a conspiracy here? i was just quoting bill gates.
are you saying that he did not?
what about the 10% interest you need to pay in the crypto loan? that’s another . and you said continue doing it? 😂 that’s an automatic -10% every single loan!
politicians are literally the worst. they're the whole reason just about every monopoly exists. they get money from bug businesses, and then they pass stupid regulations and restrictions to prevent any competition, and then when the big businesses start to go under, they literally give them gobs of cash. and you're allowed to evade taxes, as long as you do not break the law. if you get paid in cash, you do not necessarily need to tell uncle sam that that event happened, for example. or you buy things, and claim them as business expenses. so many ways to avoid taxes, the system is literally built for it.
i was not aware the government was in the business of helping people. i'd like you to consider that you're literally wishing death upon someone because they think that if someone is not breaking the law, they do not deserve any punishment.
like i said before, conventional currency is at the whims of government and banking institutions. many cryptos work on a consensus model and favor transparency. as far as the libertarians being cheerleaders for it, you've been watching too much vice news. the reason people like it and do not want crypto regulated is not because of taxes or it being less traceable, it is because the government will fuck it up like everything else it gets its hands on.
the crypto space in general is being underestimated and that proves we are still early
i wish to reach his status one day, but who am i kidding
you are essentially viewing the market in only one stage. when a company has won competition and enjoys a larger market share, then they have an advantage against any new competitor. competition does not come out of nowhere to challenge giants, it fills a void and results in giants. in a vacuum, it will always tend towards creating monopolies. in reality, it only mostly tends that way. i'll ignore the "no true scotsman" part of your post. monopolies have always existed in capitalism somewhere or another.
not sure where you heard that, but monopolies are a big reason why we have regulated markets, always has been.
try to move beyond ad hominem. "insight from economics and political economy" this is another way of saying sanctioned by bought & paid for institutions that directly benefit from thistorting the reality faced by millions.
those millionaires want the world to revolve around themselves
“disregard“ may have been a poor choice of words. but writing “(lol)“ definitely doesn’t help giving the impression of you taking my argument seriously. what‘s there to address on your end? basically, you only uttered your feelings about the foundation, too. the one big difference is that you somehow claim a higher intellect for yourself and everybody else holding a positive view on the foundation. yes, the foundation has done lots of good. yet at the same time it operates very intransparently often donating billions to private companies, essentially giving themselves tax breaks in the millions to billions. the foundation wields more power than most other countries but in the end only needs to answer to their stakeholders as it is a private company. i can only encourage you to google controversies about the foundation and read up on their shady side. so maybe in the end i can address: yes, there are lots of “smart“ people defending the foundation but there are also lots of “smart“ people criticizing it publicly.
umm. no. all the info is out there, just have to find it.
here's a cool video for ya, (one in a million out there that is interesting because it portrays our world so well)
i would not spoon-feed you, everything is already there, you just need to throw away your prejudices which you seem to have.
so you're pro bill gates then?
then you will most likely go bankrupt 🤣 alternatively if the crypto investment succeeds and 5-10x then you are rich 🤪 slightly joking though but a lot of ppl have made a lot of money by doing this as the upward potential gains are so high it often negates the 10% loss and defff depends on market conditions.
you stupid idiot, have you driven a car lately or gone grocery shopping? none of that is possible without a functional government. you stupid fucking troll. i don’t give a shit anymore about caring for dumb fucks like yourself. i do wish death upon you and anyone else like you and that includes any offspring you’ve brought into the world and fed your fucked ideologies.
>competition does not come out of nowhere to challenge giants in a free market it most certainly does! travala is an upstart online travel agency currently gaining market share against legacy giants such as booking . com, get protocol is a ticketing company currently gaining market share against ticketmaster, new restaurants open near mcdonalds and steal market share, etc etc etc. ' >monopolies have always existed in capitalism somewhere or another. do you have any examples? people often refer to standard oil. at its peak standard oil controlled about 85% of the oil services industry, after which companies like texaco entered and begin to bring that number down.
nope, we have monopolies thanks to the regulation, not the other way around. i took that from the austrian school of economics, you should take a read into it.
try to move beyond 19th century continental pseudo-science. also, look up what ad hominem means...
already found it! turns out, what you said is bullshit.
yes. i'm all in favor of the genocide.
i already gave you the source. but since people are lazy: [ edit: it's "innovating to zero", not "reduce to zero". my bad.
they’ve (the smart ones) done it without taking out any risky loans against their crypto as well. only a fool would take out a loan against a highly volatile asset. it would be smarter (still dumb and risky) to take out a regular loan where the value of the currency stays the same during your length of time involved with paying it back.
i do not know why you feel the need to use such strong language, i'm going to assume you've had a very bad day. but i assure you, taxing rich people more would not solve problems. back in 2018, just three years ago, if you combined the wealth of every single person who was a millionaire or richer living in america, you wouldn't even be able to run the federal government for 8 months. money is not the problem, we have more than enough money, it is how we spend it. more taxes will only drive rich people away from america, and then we would not get any money from them. i will leave with one last thought. roads would still exist if the government did not exist at all, grocery stores are not even related to the government. the government is a necessary entity, but throwing money at it will only make it more bloated and corrupt.
well, don’t burst my bubble *proceeds to cry*
the most effective monopolies are not defined by political economy as monopolies. it's the "if it fails, it was not real socialism" trick. if they do not stop the monopoly, then it was not a real monopoly. (capitalism cannot fail). good examples include regional isp monopolies, amazon in like 4 different industries, illumina with gene sequencing, sirius radio, waste management. the most recent of the famous 3 big anti-trust laws was written 107 years ago. not surprising they are not effective today.
yes, many people have been brainwashed by what is essentially a pyramid scheme: >the story of money from the industrial revolution to bimetallism, to the federal reserve, to the great depression, breton woods, the collapse of breton woods, and the end of the gold standard, is the story of money adapting to changing economic conditions. it is not actually a quiet sabotage like revisionist historians and economics would have you believe, but a very engaged dialectic between austrian and keynesian economists. the austrian school has always been a meme school, it has never been able to reconcile it is own religious beliefs about "hard money" with reality. it's always been a sad excuse for why free markets do not work, increasingly desperate over time as we move through each epoch into the future. it's old men grasping at the past and fetishizing it, in order to explain why they do not actually understand anything about the economy. convince someone that we are operating under a contrived "false" set of rules and that true capitalism exists "out there" somewhere, and they will believe capitalism is good no matter what reality presents to them. >most economists today are totally fucking clueless, keynesian or not. that's because time always marches forward and always proves economists wrong eventually. "economy" is just our way of quantifying abstract relations, and those relations eventually pass and die. [
calling someone ignorant is not an ad hominem argument now? tack on a logic course
in other words, provide substance that is not just a personal attack :)
grocery stores follow food and safety standards established by a functional government. they also get their supplies from farms that are heavily subsidized by a functional government. roads are expanded and maintained by a functional government. the infrastructure allowing for you to comment on this thread was researched, implemented, and maintained by a functional government. you went to school and were educated because of a functional government. millions of lives are saved each year because of investments made by a functional government that provided increased standards of medical care and research into life saving treatments. you breath clean air because of environmental standards established by a functional government. your mom received ss benefits and can live well into her old age without worry because of a system provided by a functional government. we have satellites in space that can help us navigate the world around us because of a functional government. civilized society doesn’t exist without a functional government. you think the government wastes money, sure, it does. but why should wealthy people not pay their fair share into the system that literally gave them the opportunity to become wealthy in the first place? why should joe plumber pay all his taxes but jeffrey fucking bezos can live off loans taken out against his non-taxed stock holdings and not pay a dime back? you say they can do it because it’s legal… well that’s just plain dumb. it shouldn’t be legal. we all should be held to the same standards and we all should contribute equally (in terms of percentage) back to the system. you say people will flee with their tax dollars to another country (this isn’t true but ok, let’s go with this assumption), good, let them. they already aren’t paying into the system, let them fucking leave. none of us got to where we are alone, not one person can say they have with a straight face. we all have relied on the work put forth by the people before us, those that forfeited their blood, sweat, and tax dollars to build the system we have all reaped rewards from. the oversights that existed in the past to allow for a functional government have been eroded and one of those standards was a high tax rate on the wealthy. advocate for stronger oversights, don’t spew this garbage about “it’s legal so they can do it”, “the problem is government spending, not tax revenue”. you sound like elon’s cuck.
fair enough, these are some good examples of monopolies that came about in very specific industries or locations. this is bound to happen when there are only 1 or 2 players in a specific market to begin with, due to constraints on space or technology. as such, my original comment said no monopolies have existed "on a grand scale." you make a good point nevertheless. still, this does not change the fact that new participants will enter markets to ensure competition exists, whenever possible. if waste management merges with a local company and controls the garbage thisposal for an entire county, republic services (or one of the numerous other companies in this industry) would be incentivized to begin operations in that county.
i thisagree with your long winded viewpoints here. but, you're entitled to your own wrong opinion and off the wall assertions. thanks for sharing, i found it hilarious. i suppose i could respond with a bunch of insulting opinions and haughty claims about how i alternatively view the world, but, what would be the point? i think you just needed to vent at someone and i hope you feel better now. edit: you know where this comes from. also, you’re most certainly entitled to your wrong point of view, go on and be happy.
i said the *statement* was economically ignorant...and then even went on to praise the rest of your comment as having some good insight.
okay: competition does not ensure monopoly, by definition, because [in economics]( the primary way we measure the market power (the degree of monopoly) held by a firm, is by how much competition exists in the marketplace. economics is unfortunately full of words and phrases which sound to the lay person like something they understand intuitively, just by reading the word; like "public good" or "market failure"...but which have very specific meanings which are different or even paradoxical from a colloquial understanding.
ok? i do not get what kind of 'gotcha' video this is supposed to be? it's just a bunch of people thiscussing relatively common knowledge for anyone with a brain who's kept up on corona. what is this supposed to prove?
ah, so you're admitting you're lying. cool. that settles that.
there is no over population. the state of texas is big enough to house the whole world. the country of congo is big enough to feed the whole world.
oh, i thought you were saying the other comments had good insight. now that i know you were praising me, we're cool.
i found a better way to word it. if competition fails, then it was not real competition! is that it?
competition does not ensure monopoly, by definition? lol so if something we have defined as creating one result, actually creates another, we just redefine it as "not really that thing"?
gates would want to make such "vaccine", made by such company mandatory, right? it's not random bunch of people, they are pfizer's scientists. ain't that a bit of gotcha?
including livestock about 20m sq miles of land is used for agriculture. so roughly 3x the size of south america. please be less stupid.
go hard buddy! lots you can do in 72 hours
i swear i have read these kind of posts a hundred and three times.
thanks to crypto, i can now live anxiously until i die
put it on twitter, plaster hashtags all over like, , chronical your luxurious 72 hours, and continue to put yourself in dangerous situations all the while. either you will gain fame and thus more riches, or you will actually die
remember when the mods banned memes because farming moons with low hanging fruit was deemed unacceptable? at least making a funny image took some effort
i thought it was gonna end much darker like "i have three days to live."
wow this sub has gone to shit
live short live well
we could see that one coming but was funny anyway lol
these type of posts are such cliche tired garbage. just delete this trash.
yea... im leaving this shitty sub
laugh all you want but this is the ultimate for <20% of us
eating ramen as we speak
here for a good time not a long time
these bait-and-switch posts are getting oooold.
not gonna lie they had us in the first half
damn 3 days is a long time for retirement life!
these stopped being funny so long ago i’m sorry
there am not a lot much to do anyway
go live your dream life buddy of whatever is left of it. don't let people judge you. go hard or go home. you rock, crypto rocks.
this post is more of a thisappointment than i am to my parents
how many versions of this can we get? everytime i see these kind of posts it is obvious theres a twist in the end.
op sounds like those lottery winners who have nothing left after 1-3 years.
one day, i hope ogn would make me feel this way too.
here for a good time, not a long time
how did you spend your 2 hrs so far??
had me in the first half fam
op, if you are dying anyway in 3 days, can you please slap the shit out of shillon musk?
damn son, you got me.
you had me until the very end well done my man
the best 3 days of your life :d
got me in the first half, not gonna lie.
> assuming that i'll die three days from now. that can be arranged.
you got me in the first half, not gonna lie
lol you bastard. nice post
these posts always get me. glad i tend to read to the end of these otherwise i'd just continue on my day being extremely envious.
was about to be like dude must have reached the passive income threshold for cardano, solana, or algorand and can now just live off staking and then you got me with the last sentence lmao.
lol ngl you had me in the first part.
not gonna lie, he had me in the first half...
got me in the second half.
i laughed. nice post.
live fast die young! three days is plenty of time!
with crypto, i managed to become a millionaire! before crypto? i was a multimillionaire!
i was congratulating until i got to the end lolllll
you had me in the first half, i ain’t gonna lie.
me too...just the other day i told the waitress at ihop , “hell , give us 2 sides of bacon” hahaha ! congratulations 🎉. sadly, i won’t be there for another 9 yrs investing in crypto . enjoy it 🙏
brilliant post !!! i can’t believe all the people triggered by this …... its a joke …
lols... 72 hours is a quite a long while, it is still an achievement though
had me in the first 9
thanks to crypto i keep checking the markets until i die. lol
3 days? dude, thats better than me. congrats
thanks to crypto i cant afford a graphics card anymore
this sub has become a waste of time
thanks to crypto i can die right now
hope you achieve all your dreams
this is the dream! 😎 congrats!!!
these basic "comedy" posts about being poor never fail to make me not laugh
man these posts are cringe...
3 words. hookers and blow
ngl they had me in the first half
hey now you had me all going there. :-)
thanks for this hopium i hope many of all reach that at one point
i would have to die 3 times in order to live 1 day luxuriously. yes i am that deep in red!
man, that was good. i fell for it, was about to ask what coin or coins you invested in. ok, back to reality!
well thts wat crypto can do when you invest well and sensibly. ... u live the real life🥸🤌🤌
keep your seed phrases safe even when you die!
thanks to crypto i can buy weed freely and enjoy some kush
i can live 3 days without eating ramen, but steak! 👀👌
crypto dream come true
rick roll proud of you op.
shiiittt, thanks to crypto i can do it for like 4 days.
painfully cringe, state of this sub now is atrocious. crap like this will be on top page but actual informative posts struggle to make it there
who’s your waifu op?
which coin(s) got you to where you are? congratulations man!
any bragging without details is bullshit
why do these posts do so well?
i just hope that we all are still early. if we can see another 100-1000x on the big names this dream can be true for a huge number of people on here, even if it takes many years for us to get there. however, we do not know shit about fuck and crypto might stablize around this marketcap, but i will keep on dreaming.
donation for a poor kid
you got me in the first 5
show proof or stfu
why??? in ten years it should be legal to clone yourself. cryonics is going on now.
as soon as i started reading i thought "is this cunt terminally ill?"... nice work 😂
this is like the “set a man on fire” quote… well hopefully this comes true for you! the financial success not the immolation.
we could see that one coming but was funny anyway 😂
yolo my brother,*happy 72hours*
they laughed at me when i bought my entire life savings into this new rising project. ' they laughed even harder when i had to ask for food stamps after it crashed. ' go crypto.
here for a good time, not a long time.
i can officially afford 3 meal deals
i once met a guy at a bar who told me he told his kids that if he’s about to die, then just give him an eight ball of coke and a bottle of jack, drop him in the woods, and come back in a few days. i respected that
i'm doing all those things even without making money from crypto. maybe that is why i'm contantly broke
that's the spirit! if you double that on long leveraging you will be making 6 whole days of luxurious live!
that's quite a lot of money to be able to live luxuriously 3 days with them
live hard and fast
op is going to die at the end of his life that’s so sad 😭
theres a jackie mason line "i have enough money to last me the rest of my life, unless i buy something"
you can live the rest of your life underwater too!
ignoring the last sentence, i used to be really jealous of people who "made it" (my ex roommate who retired in puerto rico thanks to bitcoin being one). weirdly, thanks to crypto i now feel happy for people like you and picture myself being one such person in the future. this is so much better for my mental health!
remember long term things are going to get worse and worse and wose getting more expensive and more expensive -- so personally yes i hae been homeless 31times and holding greater than 46 eth and various alts right now, and yet i save 90% of my income a month for long term -- why because even if you have a million dollars itll going away sooner or later with that mindset. hahahahahahahaha good luck
the dream (until saturday)
your body is not a temple, it’s an amusement park, and your portfolio is the price of admission.
this is the kind of life i aim for.
thanks to crypto i had to steal my son's identity and flee the country to evade the irs and debt collectors. just kidding. i have not fled the country or stole my son's identity yet. i cannot find a youtube video about how to do it. (i'm joking)
sick, you on ps5? let's ride until we die!
one day when i have enough earnings from crypto to fund 3 days of my life, i vow to not brag about it on reddit.
lol i feel bad for the people who did not understand the post.
i'm legit jealous af rn. i'm sitting at a semi decent job on my lunch break. looking at my stock and crypto portfolios and trying to decide what to sell so i can buy my niece a bday present and get the gas money to drive up to her bday party.
i'd have to die in about 8 hours, so you're up on me mate!
dam... congrats bro ❤️
i know it’s a joke but you sound so happy the first part why not live the best 3 days like you planned, like you dreamed of. play some video games, watch anime, eat the best food. you never know what life brings . my parents ask me what i do every day now and i tell them i just chill with my wife and dog, play games , take 3 naps. they seem unimpressed people think retirement is traveling the world, doing new interesting stuff. f that, retirement to me is not having to be anywhere at any time and literally doing nothing or whatever i want like chill, video games ,netflix and naps.
enjoy your 3 days mate see you at the checkout in the supermarket then.
you made it my guy
i see you did not get the jab either.
man , if you could share some tips, that would be so helpful
possibly bamboozled and backstabbed at the same time.
thanks to crypto now now i can lower or pump my heart right whenever i want, i just look at graphs
congratulations. hoping everyone makes it and no i do not mean become rich but have something to fall back on later in life during these trying times.
give a man a fire and he will be warm for a day. set a man on fire and he will be warm for the rest of his life.
thanks to which shitcoin?
okay normally these posts are dog shit but that actually made me laugh for once
keep going strong op. eventually, you will manage to get an amount that will make your life easier.
>watch anime whenever i want to so it’s a mercy killing?
that sounded like an horrible life style anyway
somehow i keep forgetting to check the flair when reading these
now that i’m retired i have time to read one book every week unlike when i was working and could read three books a week while getting paid for it.
live every day like it’s your last!
what about playing video games all day that earn crypto? anyone play those🤓?
i knew that was gonna be the catch at some point lol
>not to brag or anything, i can now live luxuriously until i die because of crypto. i can just play video games all day, watch anime whenever i want to, and eat expensive food for breakfast, lunch, and dinner. i can do whatever i want, and it is all thanks to cryptocurrency. this is the most 14 year old sounding fantasy i've heard in awhile.
im poor but at least i truly honestly do not want to do anything other than play vidya so really i've been living exactly like i'd live if i were stupid rich
> i can just play video games all day, watch anime whenever i want to, and eat expensive food for breakfast, lunch, and dinner. honestly i thought this was the joke at first. the notion that once you no longer have to work, you lose all motivation to do anything productive and basically spend the rest of your life on time-wasting, instant-gratification activities. and we see this as the end-goal because work is the enemy, but we do not think about how much working gets us out of our lazy rut and gives us more momentum to do other things that might actually be worthwhile.
almost had me. ;)
bro!! what did you buy?!?! i want to make sweet sweet gains too! was it safeshibmooncumbucket or babydumpsterhammerfight? i've been looking at those...
you'd be surprised much weight you gain in 3 days not grinding.
you can do all of that with a credit card.
snort all the coke you possibly can.
make the days count 🤣
i’m happy for you.
ha - you had me in the first part.
consider yourself lucky ' my portfolio could only support that kinda life for probably less than a day lol
what were your investments ?
hookers and blow for the win
along with really expensive ketchup? dijon ketchup?!
thanks to shib coin i don’t have to work anymore. yes i don’t have any money but i also lost my job
the comedy tag ruins it, i'm afraid. is the average reddit user that dim that a post has to be labelled 'comedy' for fear of confusing everyone?!
i had a friend once tell me his end-of-life plan consisted of an xbox, delivery pizza, and a round bale of weed.
had me till the end there
i can do this for real, but only for 5 years. thanks to my recent x60
good one. i'm richer than you. assuming i'll die in a week.
those three days sound amazing.
congratulations! i'm genuinely happy for you and hope you can live your entire life the way you foresee. may we one day all stand where you stand right now. aaaaaaaaaaand i just read your last line.
a good one! enjoy your 3 days of kingship…tomorrow ain’t guaranteed!
surf and turn and lambos for 3 days
that actually made me chuckle, good job op
more like a day and a half. taxes.
the insightful and important information i come to this sub for. we’re all better off for reading this.
that sounds about right keep using the privilege.
may it be that it soon becomes 30 years :)
go ahead bro. we only live once!!!
what an incredible shit post lmao
don’t know why but i felt happy reading this
make these three day the best of your life and than another three!
same here, i finally reached my goal, now i am a crypto millionaire ...in zimbabwean dollar.
not what i was expecting when i saw the comedy tag.
out if experience on this sub, i went directly to the last sentence. haha.
this is great perspective, so i'm also rich ^(for 1day)
crypto has given me so much. so many packs of gum. i mean when i walk into a 99c store i'm treated as a god. budding sliced meats all day.
i was like damn, how much did he make?! dogecoin?? and then the last sentence had my dying (i'm on my computer, otherwise i would do a crying laughing face x10)
it sounds like you invested in bitcoin when it was 1 dollar
if you weren't kidding i wouldn't be kidding as well when asking you for a 1btc donation :(
congratulations! you've reached your moon
not to brag, but i could live it up for like a week with what i've made from crypto. as long as we do not account for rent and medical expenses, of course. looking at those, i'd be in the red before i even did anything. existing is expensive.
or maybe tomorrow... rip op
ok but what games are you playing?
the bucket list cannot go on forever, you got this! fomo into another coin. 72 hours to ride or die
dad, is that you?
plot twist: you could live luxuriously for 50 years before investing in crypto.
we're here for a good time not a long time lol, do it up!
you had me at the first half
you had me to the last sentence!
you got me on this one. > i am now capable of being financially successful until i die. > assuming that i'll die three days from now. seriously, i was not sure when i saw it in the feed, but you captivated me and made me believe… good plot twist!
awesome! good on you!
buy some silks bro. up your fabric game.
it's so relatable that living luxuriously does not mean lambos or yachts for this guy. it's just having enough time to play games, watch anime, and eat some nice food. screw working.
don't go gentle into that good night!
ha! you didn’t thisappoint i was waiting for that last sentence 😂👍
the thing about having nothing to do is boredom. find something productive to do. if you have a favorite hobby yet to start a business out of it just to give yourself something to do. i started a food truck where i don’t have a menu and i cook one meal and just sell that when i decide i want to do it. for example, if i decide today is gumbo all i sell is gumbo. if i do brisket it’s just a brisket with whatever sides i make. it’s fun and i can open whenever i want. so i still have the freedom to go hunting, fishing or travel or whatever. i also diversified into real estate. the issue with being crypto rich is cash flow. sure we can throw money in gemni and get a decent %. but as we’ve seen with coinbase we don’t know how long those things will last. finding ways to have ones money work for cash flow is key so one doesn’t have to just keep chipping away at the crypto nest egg. those of us that been around a while can tell you it hurts. i remember buying gift cards and getting a 10% thiscount. so if i spent . i did that a lot when btc was -. it felt like a huge win because i bought in when btc was . sure i saw the run up the first time btc broke 1k. i also saw it dip to . we talked about how it would always increase in value but back then i’m sure all of us were not positive that would happen. now those . so find something to do because trust me you can’t just sit around and play video games and watch tv the next 50 years.
[my transition while reading from beginning to end](
and there is me with only 2 moons
alright! shop wisely folks.
if you didn’t sell’s just on paper.
bold of you to assume you’ll live that long
life is sweet but crypto is sweeter!!!!!!!
i had so much hopium of being you until the end...
yolo’d his savings into crypto now about to yolo his remaining life force cus his outta fiat
whoever you are. i will join you soon. god bless!
i’m here for the lambo comments 🍿
cocaine and hookers baby
why the fuck i do not read flairs
mate. you have every right to brag. i think around 98% of the people rich today were born into incredibly rich families so getting up to the top usually takes up real grit or real fucked up shit. unless you idk invested in african child soldier crypto coins (they probably exist, lol) you have every right to be where you're at. so you enjoy your last 3 days man, you have earned them. and if somehow you still live after that, get back to work, you're not paid for sleeping you wageslave. be more happy with your minimumwage job >:c!
you day me in the first half
this is how i feel when one of my shitcoins is up 5%
remember, hookers first, then the blow.
i can no longer read these posts without the "had me in the first half" comment already half typed in my head.
love the plot twist!
loving all of these low effort posts...
love it bro! stay real and hold assets!!!!! peace ✌️
any idea about how much he made?
not gonna lie, he had us during the first half 😄
live every day like its your last.
good on you! i just did the maths, i couldnt do 72 hours with hookers and blo...yet. working on it.
had me in the first half. good work.
with this one weird trick, you do not need to breathe for the rest of your life.
me and you both bro 😎
good for you, livin the dream!
three days! oddly it reminds me of the in time movie
had me in the first 9.9
damn man you had me!
well good luck to the next 72 hours!
had us in the first half i’m not gonna lie
fuck you. until i read the last sentence, i hated and envy you. now i fill sorry.
aye yo brou why u living my dream sheesh😭
had us in the first half not gonna lie
got me in the first half.
3 days of happiness (great novel and manga btw)
teleport all the bread you want
i'm a third of the way there. if i skip 2 meals a day
i live in 3rd world country and because how low living expense here i can live off just with crypto with small investment. tho i cannot buy lambo or any expensive shit but at least i can do like what you mentioned op, playing game, eating good food and sleeping a lot
i was so happy for you bro... : (
i knew cardano is good for something
best i can do is half an hour.
can you suck your own junk? if not, you have some limitations.
that can be arranged though, dying is relatively cheap depending on how you do it!
that's quite a bender for your final 3 days. worthy of fear and loathing in las vegas.
assuming that you die in three days... lol!
the most common psychological manipulation
great news, make sure to keep an eye out for your health, too many people find riches and drink themselves to an early grave. edit: read the whole thing nvm
better to have an amazing short time than a long life you hate
that’s not comedy! 😄
you had me in the first half buddy. hope your crypto moons so you can live your life how you want!!!
the name confirms it!!
do you live in a town called bel air?
as they say, yolo
which crypto will gain the most in three days? shiba?
got me in the first half
my friend once told me, gimme all your money and go die peacefully 😁
lucky you! i'm classed as rich if i die before midnight
there is always a twist...
good luck my friend!
one day we gon get it one day we gon get it one day we
real tak though i trusted one of my friends in 2018 and put . i held through the crash and i’m still keeping to the spirit of using it all to go on vacation so that one week trip is now going to be a one month trip that includes se asia and australia
thanks, now i need a sarah z video?
sounds like your wife left you. video games and anime all day. she just could not take the crypto talk.
wow i would like to die now
you had us in the first half. no gunna lie
including a plane ticket to vegas?
ahh got me there
thanks to crypto i can give my parents back what they’ve been done for me a whole life long. feels good! 🙏🏼
cool, can i get enough money to get a broken tooth extracted?
came here to read op is terminally ill. was not thisappointed.
damn my dude i thought you were my idol until that last sentence
took a turn at the end there... hahaha
op, *i* thought it was funny. thanks! i needed that today!
ok you got me
you are going to be bored
definition of a shitpost. meanwhile, satoshi be like…thanks to crypto, i can now live luxuriously until i die. too bad i’m dead.
this is a meme post put my buddys gran died and left him an inheretance when 12+ years ago, he dumped . now? he bought a mansion in spain and sends me pictures of his feet up by the pool everyday. dickhead.
"assuming i will die in three days" lmao
had me going there for a second sport
your assumption is confusing??
this is goals man. mad respect. been in crypto for years and so far i can only afford to live life to the fullest for 15 min. sometimes i eat twice a day if i feel fancy.
live each day like its your second to last day
007 it’s time to die.
focus on health now u are welcome
thats what it should be, there are a lot of us right behind u...
this means you do not have a six mo th emergency fund. this post is made in jest but i think you should work on having one.
you had me in the first place, not gonna lie
i got you beat by at least a day.
haha had time til the end there. congrats on the next 3 days!
i do not know what's worse - the morons taking time to write this trash or the monkeys that laugh at it. it's not even funny and it was barely funny the first time. knuckle dragging mouth breathers.
boku no pico marathon. then you die to 100%
you're 90yo arent you?
this really had me going lol, have a good hump day at work…... or on the beach 🏖
these classics comedies getting me right at the end
probably the funniest thing i’ve read on this sub lol
your mcdonalds hat is waiting for you when you r ready.
had me in the first 3
been living luxuriously in my mind for a while now since investing in crypto.
don't be too greedy.
hey 3 days is 3 days!
op the whale. someday i'll achieve financial freedom for 3 days too. <3
this is the only way to live, i do not see any other option of living other than until one dies.
dude thought you had only one day left. wtf 3 days my god, you go my dude cheers!
can you adopt me
you can do whatever you want, and you choose to play video games?
well embrace what you sowed you lucky fuck. make sure you deny negative energy and use positive like it cocaine. you deserve it all and hey, you’re a winner. love ya and fuck ya.
those 3 days in crypto are 3 centuries in normal life
there's support groups for everything, i've heard.
i have enough shitcoins for a large sonic combo w...
where did the american dream go wrong?
you got my snort of genuine amusement.
crypto paid off all my debts. i’ve considered an easier or less hours job for less stress.
you gotta love these posts
oh god you got me i was about to ask in what did you invest until i reached last line hahha
i bet you can do it in 2 days
your idea of living luxuriously is quite sad
oh man 3 days
already there brother, tho my runway seems to be a lot longer than yours kek
how could anyone not mention watching anime while being a billionaire, of course ;))
thanks to crypto i cant live luxuriously because i only buy more
wanna pay my tuition lol?
this post turned from exciting to sad in a matter of seconds lol
you made it dawg
true, i was afraid to google it.
live by the crypto, die by the crypto
congrats on your moons for this post 😂
ha! you had me for a sec... i think in terms of rent, like, "i've got x months of rent in crypto, should i leave this job."
build a man a fire and he’ll be warm for a night. set a man on fire and he’ll be warm for the rest of his life.
some staking and in a year you can have a extra 1
i recommend a 100 horse power vibrating buttplug on full blast for your remaining three days
unfortunately, i did not die before i invested (back in my financial hey-day) ;)
op has paper hands
this is a good one!
3 days? i can eat ramen of my profits for weeks! ha!
i could have an eggs benedict with salmon for breakfast every morning and not work at all... for like a month or two. feels good
these posts are so stupid
i'm here for the free crack giveaway
you know, technically if you drink a gallon of gasoline the caloric intake will last you for the rest of your life.
a momento mori. 3 days? why wait. you could die today.
share some love with someone have two daily jobs 37sc7sagu1umrgrj2wxjb5obccpnncoepa :d
had us in the first half 😂
he had me in the first half not gonna lie
ahhh was going to be very thisappointed without the kicker. thanks 🙏
what was your financial strategy from start?
had me in the first 3, not gunna lie!
damn i was like what did he get in on!!! oh wait…
pay me enough crypto and that can be arranged
sounds like a sequel to crank
you can achieve a lot on 72h! but dont die pls
my goal from crypto is to have enough where i do not have to look at the price of jerky or guacamole i'm a simple man with simple goals
let's have drink buddy based in your username
had me in the first part lmao
you had me going there haha
cryptocurrency has changed so many people's lives, including mine. investing in ethereum in 2015 was the best decision i've ever made.
assuming the bottom doesnt drop out of your shitcoins before then! :p
real talk though, money would not bring you happiness if all you do is stay inside and play video games
thanks to matic, i'm probably going to love luxuriously until i die as well. assuming i never die.
you can die with the award that i just gave you , which will be the award labeled “ simp”
life is short. go hard mate and have fun.
it is a brag and that’s ooooootay
congrats mate, three days more than me
unlimited hookers and blow!
see yall at the dip
jokes on you, i'll be dead by then.
i always assume that.
had me in the first half, not gonna lie
i'm rich !! ^((for one day))
congrats for the next three days!
live it up while you can. you are free and spice it up every know and then with two ramen packs in one bowl
i had no idea i was already there ... and at least i'll make it through the end of the month
that sounds like a great life, but man you will get bored quickly. try giving back to the people that helped you and see if you like that better haha in no way at i trying to tell you what to do
why would you spend your own money if you're going to die. get as many loans as you can and max out your credit cards.
this would be the last place i would spend my final hours
that's quite a lot of money to be able to live luxuriously 5 days with them
my entire retirement plan was to not live past 40. i’m in some deep shit here.
if you're willing to go into crippling debt, you can go a lot longer than that.
live it up big bud!
you saying yer the new wealthy luhleet?
don’t let your dream be dreams. only you can make it come true.
if you didn’t spend all your money on coke you would probably live another 14 days or so. but what is life without coke, right?
i cannot afford a private jet even if i die 3 days from now.
where i live, so we just round
good on you. i think i could last a few weeks tops
this flex is acceptable.
good now get after it and stay hard. don’t be a lazy slob, go out and enjoy every moment of your life.
someone on r...or send it to me. lol.
i got to pray just to make it today.
i did not read the tag, at first i thought it was real (which technically it is), then as i started reading more i knew there was a catch
3 days is still more than mine. i can’t even afford a fancy meal and enjoy it for 2 hours?
assuming you have few hundred invested into crypto 🤣
can you pay off my grad school tuition?
i didn’t see the comedy tag so the ending got me. well done and made me smile.
nice dude. right now i’m trying to decide between getting drunk or a sandwich
you got me in the first half, not going to lie
hook, line, and sinker. tiger does it again.
for you to be confident in saying this, it means you've made a fortune and i'm happy for you about that. i just hope the nft gaming projects are one of those to have helped with that. since the projects are doing well at the time. i believe you'd have seen some like axie, cometh and some others. cometh still upcoming.
almost had a fomo attack
all you can eat shills!!
it’s okay buddy you’ll get there.
never heard that joke before, good one!
thats the way, live hoping there is not tomorrow
you should have your own youtube channel so you can share your success with others. maybe find a couple shit coins to shill for. people will pay top dollar for this level of crypto investment acumen. fucking legend.
pics to prove it!
i'm a quintillionaire on hex, i'm planning to stake till i die, why would i cash out? hex is meant to be staked for ever!!!
is this that moon farming thing i keep hearing about?
welp, if you cash out with enough to live opulently for three days, you’ll end up ahead of most people who are putting their money into crypto…
wait until we hit a pull back tonight.
i will attend your digital funeral
not gonna lie… at first i got a little jealous and then was like good for you!
you had me in the first half, not gonna lie!
live fast, die young, right?
do not let your memes be dreams
not to brag but i’ll brag…but i’m not bragging. somebody pat me on the back please!!😢
glad that you sold that
i too crave the dream of ape diet ramen for 72 hours.
these posts just read like pump and dumps. crypto movement is supposed to be about utility yet the subreddit pushes the agenda of making financial independence by having others buy an asset for current users to sell and retire off.
you do not share it because you are not satisfied with it. you were satisfied with this achievement
haha i was waiting for the punch line. well done
i turned . a massive improvement when my certificate that i pumped .
i was waiting for the spam.
hopefully this comes true for you! the financial success not the immolation.
🤣 great post mate and well done making it to hot
not gonna lie...you had me in the first half...
luxury is a cheese fountain and a stack of fries.
don’t die you made me laugh!
thanks to being me i’m probably gonna kill myself tomorrow
get a coin shaped tombstone
lmao! love it. love it.
i was about to ask how you did it.
excellent. it’s all about perspective my friend.
had us in the first half not gonna lie. enjoy your 3 days of luxury.
dats a lot of blow and hookers for 3 days, i can chip in if you need a partner in crime
and now beings the wave of "thanks to crypto i have 5 lambos and my mother has a new kitchen appliance!" posts...
this post made me die
are you a fly?
but still... that is a pretty shitty 3 days. sounds like torture to me (context: been locked inside my house essentially for the last 1.5 years).
they had us in the first half there ngl
did you watch that video tape too?
like crank but without the debilitating death at the end. noice
oh my lord what a beautifully crafted shitpost, thank you.
3 days...better then me...2h annnnnnnd its gone!!!
😀 i think i need to start reading the end of the posts.first!
you had us in the first half, not gonna lie.
nothings stopping you from a 125x futures yolo
i lost my chance to be financially free . on may 16th i had 6400. i got greedy and didnt sell it . on may 19 the big crash came and i got liquidated. i regretted so much and punched myself for not selling . if i did sell then i would have probably turned that to atleast 200k.
not gonna lie you had me in the first 7.
imagine the most expensive life you can imagine is eating good, playing games and watching anime.
3 days is all you need mate.
doctor told me i'd die in 3 days. i said i could not pay. he gave me another 3 days.
if you are dying in a few days i would recommend you watch the movie crank and try to imitate what statham does (spoiler: public sex is among what he does. that scene is hilarious)
wow never thought of it this way lmao
not gonna lie, you got me at the first half.
godspeed op, you may watch dune as your last movie.
that is a dream fulfill mehn. that is a land fill with milk and honey.
having of sense of achievement can be fulfilling, and creating spontaneous feeling of despair. there is much to live and great things to come. crypto has made me smile as well, i just bought myself some beautiful piece of country side home by the beach, and a yatch. talking about luxury, i am waiting for holoride to launch next year so i can get a porshe. i want to enjoy the world of metaverse with the vr glasses. just like you, i do not like to brag about my crypto fortune.
hahaha thanks for the chuckle
see if you can collect all the stds like playing cards in 72 hours.
get the mike tyson tattoo before you die
that the perfect crypto advice
>assuming that i'll die three days from now. only 2 days left :(. please reconsider dying. don't die!
made me laugh in school, thanks :d
amen .rip. it's 4th day.
me too if i do not see tomorrow
i threw some . shocked, nervous, but up to . i can’t even imagine how it feels when people put substantial funds in and something takes off. crazy.
thanks to the moons from this post maybe now you can have 4 days ahahaha
“had us in the first half not gonna lie”
it's three days of luxurious life more than the most! impressive nonetheless.
financial freedom is what crypto has promised. i have earned much already and wallfair is just a place to have fun and earn as well. predicting esports and other social events can keep your income coming and stable.
live hard, die young
from hero to zero real quick
the funny part is the "three days from now". but seriously, this could be possible even by just staking and compounding profits or leverage staking with stafi protocol, it is really possible in one's lifetime.
hey op how does it going?
nothing special . how are you?
i just cant wait for this token to pump up... this is incredible
i purchased more coins and participated, instantly i got the bonus in my wallet 
hahaha… motherfucker. you completely got me. this comment will get lost in the doledrums - but you put on random person in a great mood. :)
ahah you got me!
what the heck is going on with shiba? over 150% this week alone, trending up!!!! anyone have insights? the coin is hot
si vous avez metamask , cliquez sur ce lien copiez votre adresse eth de metamask et collez là dans la page du lien et vous gagnez 10 nftsea. airdrop gratuit
i would just need one day like this honestly
i live with 2
i'd be happy with an easier life...one where i do not have to work a shit job 40 hours a week.
daium you taking "live fast and die young" next level.
this is usually what i like to see. i joined the spdr nest staking too and expecting bullish actions on the token since i know what it can achieve. made research on loads of other tokens too.
the same happened to me, but then i got married. back to square one.
this is the comedy everyone should strive for on this sub, well done op 😂
\ token is a next-generation community-driven cryptocurrency built on memes, nft, and the metaverse with own intellectual property. ready to fly with us asap🚀: twitter➡️ \
why does it *always* have to be fucking anime?! i cannot fucking go anywhere on this site to get away from it. such awful trash.
make it the best three days ever then
lol, you had me going for a second. well done!
haha, good one there.
had us in the first half, eh
they had us in the first half ngl hahaha
you got me in the first part,good job sir
man, i really don’t know what to comment here, but congrats.
you know that famous saying “you only live for three more days” yolftmd
congratz...how did you get your crypto?
i thought human body can endure 7 days without food?
i read on reddit somewhere that one guys biggest achievement was jacking off 9 times in 24 hours…. now with 72 hours….
you can watch the batman trilogy 10 times, time well spent in my opinion
he can watch the justice league snyder cut 18 times.
can’t watch the entire bleach anime series, though.
have sex also! you'll miss it wherever you're going after. peace 🍑
"live like you'd die tomorrow" they all say, right ?
lots of snu snu
me just getting into crypto reading this post like *_*
3 days of fun
hopefully he does not actually die in 72 hours.
op's username checks out lol
what would like to do? 🙂
67 hours to go.
its like 3 seasons of 24
after three days jesuscrypto resurrects?
and live the life i do not have! go on buddy!
can get a bitch pregnant, do coke out of a hookers ass or give your parents another reason they should not have had unprotected sex that night
nobody knew when he! only god knows ! be careful!
i can actually earn a lot of lps rewards on cometh p2e game in 72 hours. we all can see the amount of hype nft gaming tokens are getting recently.
72 hours is plenty of time to get in trouble and live it up.
creativity just doesnt have a good moons roi
i’ve had enough of them at this point.
yeah cannot wait for the next "i'm a crytpto millionaire!!!" bait thread, because they have a million shiba tokens which is worth like . do not you get it so funny
and these shitlords keep eating it up.
and it has nothing to do with crypto. just stupid
came here to say that. old jokes suck.
tree fiddy everyday for me
somehow still getting to the front page 😂
103 ^^typing ^^numbers ^^is ^^not ^^only ^^fun ^^but ^way ^fucking ^better ^to ^read
dropped my nicotine habit to develop an even more crippling habit of watching my alts get obliterated
it’s hard knowing when to sell.
same here, man. wait, nevermind; i was gonna do that anyway.
thanks to crypto, i will check the prices every hour until i die.
that's the secret, i'm always anxious
>i can now live anxiously until i die well to be fair, i was going to do that regardless 😅
thanks to crypto , i can now live peacefully until i die
op fucking bamboozled us like the us bamboozled oil countries in the middle east
i can live luxuriously, assuming i rob the bank and die in 6 hours.
who is us, only you
op all in and dumped on us with the last statement but truth be told crypto is the way for me and i have honestly been lucky with my decision, just yesterday i bought ore and it is up by double today. you can dyor on ore network too.
if it makes you happier, op will barely get moons from this post, since it is tagged as comedy
yeah, i like free money as much as the next guy, but i think moons create perverse incentives in a lot of ways.
i miss the memes. these unfunny repeated posts are awful.
right? i’m so tired of these posts. it’s the same goddamn joke endlessly repeated
you still get some moons for top 5 memes of the week in r
that’d have been better. this is mostly a copy of the similar post from the other day. 4’d give it.
been like that for a while now
living well is the best revenge!
live short earn parathise!
yeah, getting tired of these shitposts. it downplays why we're all here.
you do not have to worry yourself. nothing is impossible in this space. just remember, patience is key!
i feel like you did not read the whole thing
i too dream of a soon death 😎
one day i hope to be this wealthy
he's on a 5 day shib run.
people most people are easily amused and have average iqs
a 10x increase would mean the crypto market is valued at . a 100x increase means . the first seems unlikely, the 2nd would mean crypto has virtually replaced most fiat in the world which i personally do not think is possible. the powers that be would sooner destroy the planet than relinquish control to that extent.
grrrr this ngl , stop saying it people!
read the whole post before flaming, buddy
holy crap... i swear to you this just hit me. the only way to make money on crypto is to make others lose money. that's kinda evil man...
yeah i'm very much working class even with my crypto but i can go to bangladesh right now and live with the same standard of living from just staking rewards. i do not know what i'm still doing here
read the entire post.
greetings unknownerinio. your comment contained a referral link which directed to coinbase.com/. this is in violation of rule ii - no spam. as a consequence, you will be banned from r. *** *i am a bot, and this action was performed automatically. please [contact the moderators of this subreddit](/?to=) if you have any questions or concerns.*
spirit is willing but the flesh is weak
my record is 30 times in 6 days, 5 times a day, dca your faps.
gotta love what some people share online
the flame that burns twice as bright burns half as long.
i've done more than that in a 12 hour period. he really needs to step his game up.
people have died from jacking off too much in a consecutive sitting. maybe this is the 72 hour limit we can strive for!
i had a friend who regularly used to have competitions with himself. use it or lose it. he was a true believer.
that's a great achievement.
do you remember the guy who saved all his cum's in a shoebox for years? wow i just remembered that. i got some reddit searching to do.
but did you also read about the "major tom" method? ' that was some solid reddit tifu
a list which i can top maybe xd
i wish i could find the clip of tony danza on a talk show saying having sex for the fifth time in one night is like pole vaulting with a rope.
how the fuck even
not great not terrible.
9 in 24hrs? what the heck else did he do during the rest of the 23hours and 51 minutes of the day?
i knew a guy in the marine corps that went 10-12 times during work hours
those are rookie numbers...
9 times? rookie numbers.
get those numbers up. those are rookie numbers in this racket.
rookie numbers for stimheads
those are rookie numbers.
someone died jacking off 42 straight times
9 times in a day?! daduq my record was 4 times wen i was 16
i’ll do you one better: fucking 9 times in the span of 24 hours
“my hand gets tired and my dick gets sore. but the girls of porn want more.”
who is the world recorder? 🤣
never mind diamond hands, my man has blister hands.
ahha where did you read this
9 times in 24 hours? psh fn amateur.
only 9 times?!?! them are some rookie numbas!
9 times in 24 hours? damn dude, first time someone has made me feel like a rookie.
those are rookie numbers!
finally. some subject matter where i can claim expertise.
that's my limit if i do not drink water midsession
the first day i figured out i could buss i did it 12 times. my weiner looked like a bat with a swing weight around the middle.
i once made love 23 times in one day. and boy was my arm tired.
thats sounds like something that i could beat pretty easily, i just have to sleep in between
gotta pump up those numbers.
tweakers would call that underachievimg
only 9 times? pfttt some amateur numbers
9 times in 24 hours? those are rookie numbers. he needs to beat his achievement. back when i was a kid, that was a average day
ive done 14 in 12
them be rookie numbers!
so me jacking off 8 times a day is acceptable
9 times in 24 hours? those are rookie numbers
9 times in 24 hours? pfft. what an easy achievement
spirit is willing but the flesh is red raw and falling off
only 9? if you are in your 30s thats a big deal, otherwise he should start doing kegel exercises
i accept the challenge
only 9? those are rookie numbers
those are rookie numbers
or the lord of the rings 6 times, extended edition of course. don't want to waste your last days watching the normal editions
sounds like a reasonable use of the time
she do not lie?
snu snu and superhero movies seems to be the way to go
4 days of fun than darkness!
best to live to the fullest just in case you do
gotta be the early seasons, when tony is in it
>do coke out of a hookers ass i do not think you are doing this the right way. but who am i to judge?
how much would that cost? asking for a friend.
atleast there are already moon proposals in place to prevent even more spam posts.
me too! constantly watching the exchanges to see myself haemorrhage money sure replaced the sweet smooth draw of a marlboro.
one week and they will be performing as expected. hodl!
atleast only one of those is causing you cancer... or is it?
today was my third day off vaping. i’ve quit dozens of times before, so i’m getting pretty good at it
most altcoins are designed to steal your bitcoins.
dca out. little by little.
it's impossible to know when to still. plan your exit strategy around the fact that you will not sell at the peak. you cannot predict the future.
i agree, now i can’t find my oil.
they need oil free of charge! from iraq and lybia etc! am i true bro!
at this rate it looks like they are still going to max out the amount of karma from the post, and even if they do not they have done quite well, currently at ~300 even with the 10% weighting
at this point i think it is well accepted that moons have fucked up quality thiscussion on the sub. moon farmers embrace it, everyone else just tries to navigate around the shitposts.
it's like one of those jokes thats funny the first time you hear it, then people try to repeat it until its funny again but that just never happens.
"i have enough money to last me the rest of my life...assuming i die \[insert something very soon here\]" is a very common joke already. it's not like the other op invented it.
did you read to the end?
just wait till peak retail fomo in a few months.
hahaha... i did read the whole thing! 🤓
the three words come after the period. lol
yes of course i’m patiently waiting for the day i will hit my goal
you have to respect the cooldown period
death by snu snu
death by snoo snoo!
how can flesh get strong?
flesh is weak spirit is willing
you sound like an earh spirit fan with that shrek on your pp
zapp branigan - futurama. the greatest television series to be cancelled twice
make sure to hydrate. then acquire the following: (1) l-arginine, 1000mg strength, taken 1 time daily = 1000mg (2) zinc, 50mg strength, taken 1 time daily = 50mg (3) pygeum, 100mg strength, taken 2 times daily = 200mg (4) lecithin, 1200mg strength, taken 1 time daily = 1200mg
it time snoo snoo.
there's a generic viagra now, no excuses
pipe would not spew water if the motor overheats
death by snusnu is not the worst way i could think of going out
is it possible to time these things?
lol, so true. wonder if they would share the same if their identity were known, lol. jacked off 9 times in 24 hours would make a great facebook post, do not you think? 🤣
- wayne gretzky - michael scott
can you help me?
why would he do that?it is not going to multiply like crypto if he is going to keep that for several years 😆
i remember! these where the good old days my dude
i will try and find, pretty sure it was r“what are you most proud of”. was in the last couple of days
too much and it won’t get hard!
insert gif of squidward in box begging
this is the only way
you mean the constant stress, right?
yes! i do it from time to time. looks like you do too! cheers!
who needs oil? i ride the bus
just go to the living room
right, and how does this post help achieve that? just clogs up the feed.
three days in parathise in your dream :). i'd go for five personally
i know ;) i was just being facetious
movies are pretty lame too.
i’ve been having cool down period for almost a week, still the flesh is week
can't i just buy a premium account and reset the cooldown faster?
can't we just cuddle?
ah man i miss futurama 😂
you do not get that with a fleshlight. better than spending that 100ézor or ledger.
learn to use lube.
or a linkedin skill. imagine if you got endorsed...
i refuse to use my hands, mouth only.
dude idk... mf's are weird. he took a pic, posted it. it looked like a transparent melted candle wax with different shades and layers. idk if it was 4chan or reddit or what. but yea... fucking gross.
are there other ways? it's the first thing they teach you in school
fuck the bus all my homies ride bicycles
jb_in_jpn are you being facetious again?!
flesh is weak, arms are heavy.
only one week?? for me it’s almost a month now
don’t you have to clean that thing though 😑🙀
or the hunger games.
school system teaches lies so throw that out the window lol
usually it is better if the coke is on the cheek, so you are not wasting too much or sniffing anything coming out of an asshole, but i guess it might add to the buzz.
fuck bicycle all my homies ride one cycle or one wheel cycle
that’s doesn’t make the post any less garbage. and why are you telling to me cheer up? don’t assume stuff, are you projecting perhaps?
theres semen on his sweater already.
yeah but just a quick 2 min rinse in the tub faucet the worst of it is air drying it since it dries better in the open air... definitly should live alone. if you have 24 hours to wank you probably have a spot to dry it though.
fuck the one wheel cycle, all my homies are running on the bull cycle
who needs to masturbate when your portfolio fucks you everyday green dildo red dildo
stop ! get some help!
yeah i couldn’t air dry it at my house easily in the open 😳🤣.
this is how you get a fungal infection on your dick
the post doesn’t fit the sub rules and therefor shouldn’t be on it. it’s as simple as that bud.
to slob knobs - but she keeps on forgetting
mom's a big dd
what the fuck is this "green dildo" you speak of? didn't know they came in any other color but red.
on the next season of squid game...
happy cake day beautiful 🎂 🎉 🎶 🚀 🎑 ✨
okay, this one made me laugh
mask on, mask off.
she is deep throat down the whole world goes so loud
this comment chain is so degenerate... i love it.
step back to reality , oh i can’t handle , another red candle
it’s a mound of the hulks penis
more emojis let us go !
i think you're referring to r ps: nsfw sub
this is why i use cash, when i want to buy btc i just deposit bills into the cd drive
i could not withdraw from a chase atm today around noon. i didn’t give it a second thought until i read this.
oh whoa, i was wondering why i could not buy crypto. it kept saying i did not have funds when i obviously had .
banks suck. that's why i keep all my cash and bitcoins in the mattress.
i've worked in banks for a long time. this happens waaaaaaay more often than you think.
is that why i got my wendy's for free? they said their computers went down so they could not charge me.
eff boa. i recommend putting your cash in a credit union if you can
in 2008 after horror after horror being a bank of america customer decided to call it quits and i couldn’t be happier. this news confirms my decision. i just will not ever go back there - so many choices and better options.
they don’t want you to be able to buy the dip obviously.
probably time to switch banks...
bank of america is ass, now you know op
i mean if your isp goes down then you cannot deposit, withdraw, or check your balance. if you hold coins on an exchange wallet (e.g. coinbase) and they have network issues same deal. if you hold coins in "your own" wallet that probably means an app that someone else developed and you downloaded, if that developer pushes a faulty update that locks up your app then you're also fucked.
relax there were a lot of network and atm issues yesterday. believe me we were also losing our shit on the corporate side its not a good look. im a crypto investor as well so i get the frustration. the atm and network people got their asses reamed royally by both sides. there is plenty of cash in the bank.
my brother called me today bitching about his bank. they said the exact same thing. the computers were down all day and they would only let him take out . his bank is a local credit union though. seems odd that it would happen on the same day and have the same withdrawal limit.
boa and wells fargo are the mcdonalds of banks. i stopped doing business with either one over a decade ago.
canadian here. i have issues with td canada trust from time to time. paid off my credit card but instead of the money going against the balance td added that amount to my balance owing so it looked like i charged that amount to my card. on paper it looks like i lost double my money - sum comes out of my account and my td credit card gets that debt added as well. this has happened more than once and tds response is basically “oh it’s a glitch”. they don’t care at all and never announce that they are having issues with their system and tell me “we are sorry you had a bad experience” damn right i had a bad experience and had to call you chuckleheads to get it corrected (plus listen to that shit on hold music). i wonder how many others this happens to.
i do not think there is a boa customer that has not said "fuck bank of america". fucking boggles the mind how they are still in business.
this is the very reason i only bank with credit unions and crypto. as time go on, this will become more and more prevalent
i did notice problem with the website (and merrill) yesterday. i believe merrill owes many of the borrowed gme shares.
my contempt for boa goes back years for it is screwing over military service members with it is fees and exchange rates overseas.
hey if they market crashes what happens to crypto?
i worked in banking for almost ten years. payment outages are much much more common than you think.
makes you wonder what will happen if we ever have a run on the banks
fuck the banks. fuck the media.
they signed a deal with paxos settlement network 5 days ago and i'm not seeing that on the news either to be 100% honest i think it is more likely that "whatever internal migration is adding paxos functionality jirped the system", rather than "the banks are collapsing"
banks suck and bank of america is one of the worst ones
i use bofa and i did not have any issues today. don't see anything about it in the news either. on the other hand coinbase was down this week. any company can have their servers go down - happens to everyone.
this happens more often than you think in the banking world. wells was out for almost a week a few years ago.
meh like binance, coinbase and other exchanges are any different... too much powa
to be fair, bofa has always been crap.
bank of america has been trash for years. we left after they did some shady stuff and never looked back.
you are also not hearing about how people across europe are protesting the tyranny that is being imposed upon them by the elite and their banking stooges. it's one giant control grid and crypto is the only way out. volatility will be exacerbated to try and keep people away and fully invested in the current system. just hodl.
the us economy is secretly being held together with duct tape and gorilla glue, supply chains are fucked, and neither the media nor the government is talking about it because they want the people thistracted by racism, viruses, the middle east, anything but what’s right in front of them when places don’t always have everything they used to have and everyone acts like it’s all normal. hoard your crypto and find somewhere you can bug out to that has plenty of food.
to this day, i cannot understand why anyone uses bank of america. non-stop corruption and screwing over their customers. especially now that mobile and online banking is so easy, being a boa customer is just asking for punishment.
decentralized banking. scaling. fixed quantity in print. the only flaw is non-recoverible assets. as much as 20% is already lost. which means a diminishing supply.
well...voyager app crashed too. still can’t sign in. so problems exist in crypto as well
this could be a hoax post just the same. not seeing a single mention. this absolutely would get covered even by independent media if there was a shred of truth on scale. got any links anyone?
i kind of don’t believe you.
my business uses them.i was off today i cannot wait for tomorrow
i had a similar problem at my branch. the guy trying to help me was "visiting" that location and seemed genuinely concerned over the issues they have been having lately but ultimately "could not help me". 🤷🤷🤷🤷🤷
one of my accounts was frozen for 12 weeks in the past because they didn’t like the look of my perfectly legal transactions. i was eventually compensated a mere £100 after having no access to my finances for 3 months. the inconvenience and opportunity cost was two orders of magnitude greater than this. any form of custodial service terrifies me now; they could go bankrupt, suffer a liquidity crisis, or freeze your account without a second’s notice. there is absolutely no reason to trust them.
yeah yeah ocams razor and all that jazz. but the tinfoil hat wearing side of me says something big is happening
except of the bail outs that you all probably know about, there is also a risk of bail ins when the bank will just take your money claiming they belong the bank. [ "no insured deposit of €100,000 or less was affected, though 47.5% of all bank deposits above €100,000 were seized."
on behalf of every person ever that’s worked in customer centric jobs: fuck you you miserable asshole.
i mean if you needed cash...how is cryptocurrency ever going to help that?
what's your source for this being worldwide?
you have to have more than 1000 dollars in your account to withdraw 1000 dollars sir...
i once had to travel to multiple branches to get 32k to purchase a car. last year, banner bank closed both my business accounts and personal acount after posting complaints on fb. don't trust a fucking bank for anything. assume they want to steal your money and home. if you live like this, you will be ok, and maybe keep some of your hard-earned currency.
ever heard of coinbase? lol...
strange. and the dollar didnt crash over this?
defi is the future! not a fan of banks but capital one has been a stellar experience for me. 0 issues so far, excellent support.
i guess the gme saga continues
dude, get your money out of boa. they’re the absolute worst. i’m not saying to go drop it all into crypto either. in saying this because of all the unethical banks out there, boa is king shit.
bank of america and wells fargo is terrible. my mom in the first house bust had to file for bankruptcy. her accounts were with well fargo. wells had a policy of freezing accounts for get this their "partner bank". basically they froze the account, drained it totally including some social security money and that is illegal but you know they do not give a f*** about us plebs. my mom could not figure out what was going on and the bank was using some double speak to misrepresent. then they accused me, of stealing it (the entire loan amount) because you know why admit any fault on something like that. in the end the got around 10 grand and while yes a lawsuit could of been possible it would not of really of been all that beneficial with the way they drag that out. they 100% zeroed out the accounts there because they thought they had the right too. since then i'm insanely careful where my money sits. edit: missing word. oops.
banks are antiquated, they will start fighting or their very survival soon. they are realizing that crypto is meant to eliminate them.
and i tried to transfer 100 doge out of binance.us and they want a 50 doge fee, so much better!
good that what the all get for being bad to the people
well, prolly not worldwide. from what i gather, it probably only happened in america.
morning all, so whats in store for us today.
i was at a house closing in nyc and wells fargo’s computer was down and it caused 4 hour wait for all the lawyers in the room and both parties. (need a lawyer to close in ny).
yeah try using bitcoin, have a pending transaction for three days….
this post makes o sense ?? i don’t see how it has so many upvotes bc it literally makes no sense
your observation is a criticism against virtual money. crypto is part of that problem.
ahaahaha the friday before black monday in 1987 they had a "computer failure"
this has nothing to do with crypto you crazies, wow. go over to a gme subreddit if you want to learn and actually gain money in the next 3 months
i keep -, a few hundred in a secured wallet and an emergency fund in the safe as well. greece's financial collapse some years back really opened my eyes to the danger of not having funds outside the bank.
just stick to barter. cows, pigs chickens etc will always be in demand and not be susceptible to electronic hacking.
crypto will fix that...one day you can buy a house with your bitcoin and then next you can’t even buy a pizza.
i work at a financial institution and this happens more often than you would think. i've worked there for a little over half a year, and i can think of 3 days in which we would not allow members to withdraw more than . ' makes you wonder what the result would be if that happened for a whole week?
what is the latest news on digital currency regulations? it’s seems government will get into it soon so they controlled just like they control all other money supply and everything else, except facebook and twitter 🤨
bank of america cheaped out on qa>
this just happened to me, and i was paying rent early, and usually make one transfer to my landlord and i pay nextday for , make two nextday transfers to landlord and they charge me , this is clearly a money grab and fraud. also they sent out an email about securepass on may 20th but no pop up about securepass moving to secure transfer garbage when logging into my account and causing this limitation . and i notice they do not give a shit when in that same email now call us customers, "clients". fck boa, moving elsewhere. also on that same call they were pushing me to use zelle.
why stay and abuse the workers there for an hour? they can not fix the computers if they crashed wordwide. people like you make working with the general public a nightmare.
we have crashes in crypto too
they do this also when they are not meeting basel 3 capital reserve requirement ratios. look it up. this is why we get so fucked by banks because nearly none of you understand the fractional reserve banking system! its how they screw us.
switched from boa to schwab years ago. one of the best decisions i ever made. for a bank, schwab feels to me like they have good values and take good care of their customers. that’s been my experience with them for 8+ years. for one, they pioneered repaying all atm fees around the world and charging 0 international withdrawal fees. that was (and still is) an amazing differentiator back in the day when i was traveling a lot.
traditional banks suck, complacent and irresponsible
i’ve been with bank of america for years. overall they’ve been pretty good to me but i ca definitely tell that they are going downhill.
yeah not like eth had
boa is straight up evil. always has been.
ah yes, one failure means the whole system is broken.
so *one* partial outage, the first time in months, has you hankering for a way flakier system that cannot even handle one thousandth the throughput and costs a thousand times more to run? genius. you're a genius.
u sound like a karen ngl
we tried to buy a boat today for ,000. bank of america rep said she accidentally shut her drawer down early and they didn’t have cash. we were able to get a cashiers check instead of withdrawing cash but seeing this makes me think something bigger might be going on. too many little things happening.
when bitcoin kills off central banks, the total monetary system power consumption will drop by 75%
all the big banks suck and are a long arm of the government helping enact fed policy and that’s why they get bailouts. i use a local credit union. loan rates are cheaper and the rules are a little different in a better way.
this is your* money *only while we let you use it
omg that is so unreliable. better switch to a currency only accepted at less than 1 percent of businesses world wide.
and bitcoin lost half its value? would you rather lost half your savings or not be able to withdraw anything for a day?
branch level bank employee here: stop. fucking. yelling. at. us. we can’t do anything for you and we’re just as mad about it. because of this kind of shit, i’m on heart rate meds, blood pressure meds, and anxiety meds. i’ve had people threaten us with guns, and much worse: suicide. my brother and ex both passed from suicide, and i have a mental breakdown every time someone threatens it at work and there nothing i can do. stop “pitching a fit” to people that aren’t responsible for your problem. don’t like the answer? leave and ask someone else. and pro-tip: i will never go out of my way to help someone yelling at me. but i will go above and beyond for someone that treats me like a human. rant over.
like the great depression never happened
oh we made a fucky wucky? oopsie
a friend of mine works in a swiss bank and he said their atms would not work over the weekend too. is it international atm holiday or something?
bank of america is one of the worst banks. just like wells fargo, they will try and steal your money every chance they get. switch to a credit union if you can. as for the crash, they backup everything often, so i doubt you’re at risk of losing anything. it’s just a huge pain in the ass. i’d like to know how all of their computers crashed though.
i seem to recall this happening right before 2008 crash...
binance looks at your complaint and says hold my beer.
these mango-heads do not want you to think.
interesting. my dads pharmaceutical plant also crashed, due to a ransomware attack. pretty scary how fragile our society is just beneath the surface.
as opposed to coinbase or binance that crash at every larger dip or spike
dude, us banking companies still live in xx century. look how much paperwork and "you have to be in our office in person" stuff you have to do and how crappy their web services are. damn, you still use paper checks in day life, that is hilarious and embarrassing for a first world country, do not you think? but i agree, centralized banking systems are cancer.
as long as we rely on physical technology at any point, there will always be outages. for one reason or another, it is unavoidable. even if we had a hyper secure blockchain that held all our money, if the grocery store loses power, then you cannot buy your tendies.
i'm guessing you've never interacted with crypto exchanges lol
the crypto equivalent is you cannot access the exchange because their nodes are overwhelmed. you cannot withdraw any money, whether it is .10 or ,000 and no amount of fit throwing will change this.
😂 just wait until it’s all digital and they can shut you down at will... maybe even for your political view
so happy i dropped them a few days ago for alliant. on a serious note, that has to be truly frustrating to hear. hopefully the issue is solved within a few hours or so
yeah, but the value of your dollar is stable to most things. how's that crypto value holding up for ya this week?
crashed or piss-poor it security and another ransomware attack. makes me wonder.
don't see why you gotta get mad at the employees, not their fault. this happens at other banks too. some banks do not even allow more than 100
federal credit union member here. i don’t bank with big banks. never had a single issue and my account is over 20 years old. fuck chase.
i was also pissed
ok, but we just had people filling grocery bags with gas because of a crisis they created. imagine the chaos if they heard this. i'm not defending the lack of transparency, just saying the country would probably implode.
dude no offense but why in god's name would you deposit your money into one of the most thisgusting corporations in america? you realize in capitalism, the way you spend your money, creates the world you live in, right? think of a dollar bill as a vote.
your first mistake was using a bank at all. open an account at a credit union. everyone please stop using banks for fiat. use credit unions only! banks are scum.
yeah because this kind of thing never happens to coinbase or binance or kraken...
hmm... why would a bank ever stop people from making deposits?? idk about this
i don’t know how anyone still uses boa, they are the worst bank ever. use any other bank people!
id say you should let that ruin your day
honest question what did you expect him to do? if the systems are down they do not know how much money you have in your account i do not know if you're overdrafted they do not know any of the alerts that you might be scamming them. i'm sure it is not a planned outage if it was during the middle of the day and something that we have to just learn to live with. this is happened to me with my financial institution as well and where is it is yes inconvenient it is just part of modern life.
banks are beginning to switch over to an entirely digital currency. there’s going to be some hiccups along the way. we’re just experiencing one right now.
i worked for boa for several years in a call center, and it was the worst couple of years of my life. the managers are incompetent and get promoted because they excel at quality. this may sound like a good strategy, but their quality program was based around 3 things: say sorry, tell the customer they are never liable for fraud, and get them off the phone as quickly as possible. this strategy doesn’t exactly lead to great customer service.
i mean, crypto stuff crashes all the time, anytime with high volatility actually.
i work on atm for a living. and i can say one thing. they suck too. i hate boa with a passion but i hate hsbc more. the absolute worst. even their back end i deal with is a mess.
blocking this sub. unfortunately crypto is something i would like to learn about but certainly not from here. when this it the type of content that r, yall are no less cringey than the gme posts or oppressed gamer shit.
i dont know the situation or what happened but if it was really a crash then i wouldnt take it out on them. shit happens.
well they have had in their app for a couple of weeks that they were doing planned maintenance for today.
i see how that is a very stressful situation, however, you mention *"i had to throw a fit for an hour and refuse to leave before they cared."*. this seems a little strange to me, almost as if you are behaving like a karen. even if a situation is stressful and thisappointing, do not take your anger out on service workers that have to deal with that every day. use this as a learning experience.
you're almost wholly to blame by still banking with a bank instead of a credit union. make that change instead of coming to the false conclusion that crypto is the **only** answer.
as a crypto supporter, news flash : this can happen with exchanges. tech is never perfect.
didn't care? if the computers were down what the fuck are they supposed to do about it? the branch employees cannot do shit. if you're taking your frustrations out on them you're going to make them care even less. hell, i wouldn't do shit for you. it took an hour for them to care? no, it probably took an hour for the system to come back online. the amount of people who think employees on this level actually have any power to do anything for you is ridiculous. you gotta go way way up the chain.
i’ve thiscovered that when the computers go down on some banks in the u.k., they normal tweet to let people know…i don’t have twitter
this is the beginning of the banking system collapsing
this is why i have a closet full of peanut butter and lube.
agreed this is bullshit. flip a big shit coin profit 2 weeks ago, and was stoked to be able to buy a car in cash. only, the bank won’t let you take that much cash out unless they “order it” a few day in advance. so they don’t have our money there is quite the realization. just shows how made up it all is and justifies crypto even more.
i'm sure a lot of people would rather be unable to access their funds for a bit versus being able to access it and see half of it is gone lol.
i know this is different but i’m new to crypto and yesterday i had a . didn’t think that would happen with such a small amount
yikes. what's the reason for the crash?
use first republic bank
i'm all for crypto and a revolution in conventional banking, but i am not seeing anything supporting your claim of a "worldwide" computer crash at bofa. i'm a current bofa customer and had several dealings with them yesterday without issue. additionally, i know several employees at bofa in various corporate and retail positons - none of which were able to confirm this claim. i'm not saying you're wrong but i am saying that the use case for blockchain and crypto revolutionizing banking does not need us to make up or exaggerate claims about current financial institutions. i'd love to see some concrete evidence of this. and the absence of news coverage does not constitute evidence. downvote away.
it’s because everyone is buying the dip. all the global bank money is transferring into crypto
now imagine the trading platform you use locking you out and not allowing you to access your crypto. now imagine someone *trying* to keep me from getting to my gold and silver inside *my* safe. lol. golds king for a reason. you won’t figure it out until it’s too late.
...there's a withdrawal limit on your account? the sky is falling.
i do things differently i just dropped a 12 year relationship with my credit union at the drop of a hat because they refused to clear up (nearly) 100 dollars of courtesy pay fees i did not incur on purpose, and the new lady thought she needed to hold her ground for some stupid reason. last time it happened was over 5 years ago - that time they were nice enough to reverse it. things change? i do not need your 1% interest rate anymore... tl;dr if the damn financial institution does not respect my money i stuff that crap in my mattress until i find another institution that sees eye to eye with me (just really a metaphor but point made man). no, you do not get the right to steal a band of my money roll like a gangster. in silence and not trusting anyone. it is all about the principle. all about the philosophy. all about respect. might just blow a whole check... ohhhh yes. forget wells fargo, they are the worst bank on planet earth ! never did touch them with a 17 foot pole. boa probably not much further ahead. these cheese wizzes are still leaning on the ach system of archaic msp supported it infrastructure running the grocery stores.
bank of america is the worst. theyve closed my account twice now and as soon as i get them to repopen im transfering my money out and never banking with them again. the fact that my payment came from a different state than i live sets off their fraud department to automatically close my account while they verify im me...but wont accept any info from me myself...
if the internet went down same thing would happen to crypto
imagine a crypto wallet where you can deposit your tokens but not be able to withdraw or spend them. media would call it something like a scam. imagine now banks do the same...oh wait...they already do that with limits and restrictions and it’s totally legal. 🤮 crypto is there to give back power to the citizen. we must be able to do all what we want with our money 💪🏼
for me this moment was when i got -400. they couldn’t come with video footage of me there and after a few months they said it was an “ error”. fuck the banks!
this is why i believe crypto is the future
you can deposit it on my account, and ill send the coins over to you ✌🏻
you know what that means... it’s going to happen in a major way to all banks eventually. cash at hand is essential ! when power goes out, banks shut down’re gonna need cash !
i keep enough cash in my bank account to pay for the monthly fees only, whereas any excess cash is immediately withdrawn and
"modern" banking is a joke anyway. the year is 2021 and when i want to wire someone money on a friday and the weekend is followed by 2 additional holidays (for example around christmas), then i can be sure that the money would not arrive before wednesday. that's 5 fucking days to process a simple transfer from one account to another. how is this possible or even legal? lol
fractional reserve banking. the banks are always broke, it’s a ponzi scheme.
they didn’t want to cause a panic while institutional investors are thisrupting crypto exchanges by snatching up all the gains made from folk investing stimulus money into the crypto exchanges instead of banks and stock markets. it’s really interesting. hope we the little guys don’t get left holding the empty bag. what robinhood did pales in comparison to what is happening right now. will be interesting over the next few months.
this week bank of america's computers crash, next week - bank of america.
i do not keep my cash in a bank. i deposit what i need to pay bills and cover automatic withdrawals. when pay drops i remove it from the bank. i'm not going to rely on the magic of electrons and the reliability of people already proven to be crooks to protect and manage my money and potentially restrict my access because... reasons.
ok. the humorous comments are quite funny. but seriously folks, the computers crashed and screwed up withdrawing cash, but you cannot see the same vulnerability to crypto that is stored entirely on computers?
choyna continuing to test waters
bofa is going bankrupt
anyone think boa bought a ton of bitcoin and ethereum without announcing it and now that its crashing they dont have the capital to allow for people to take money out. they assumed they could just sell the crypto if they needed large amounts of cash, but if they sell it now then they accept huge losses for the price theyll get per coin.
i will give a counter argument because while banks do suck, and it’s great to manage your own money, there are still benefits of using a bank. for example, i’ve banked with chase since college, and i love using their credit cards. i’ve gotten my cc info stolen countless times, and then the card was swiped to buy random crap. every time i call chase, there is no hassle because it’s easy to prove it wasn’t me who made the purchase (they were all in other states i wasn’t living in). never had to pay out of my own pocket, they will cancel the card and send me a new one. if people can manage their finances better, not get stuck paying things like overdraft fees, then most banks are pretty convenient to use, and give the consumers a decent amount of protection.
[current status of boa]( [edit] originally i posted the wrong link by mistake. thanks to r. it has been corrected.
i heard somewhere tesla was going to stop accepting cash due to the environmental impacts and stability issues that elon just became aware of like 10 minutes ago.
as if you never make any mistakes or cause any accidents. accidents can happen to anybody. be patient it’s just a delay. there are people in places to support you for banking issues. don’t listen to crypto anarchists who suddenly got rich off of noobs buying for more in fiat. once accidents happen related to anything crypto you are on your own. your life could be completely ruined and nobody would be able to help you. despite all its flaws a democratically elected government is elected by **you**. you do not elect any one to run binance, gemini, or coinbase. cryptocapitalism is there for your money and there’s no regulation to keep them accountable.
i hope all financial institutions burn and go the way of the dodo. banks are antiquated scum.
sounds like a bank run, not as a computer crash. hm 🤔
you realize the manager you threw a fit with had nothing to do with this crash, and your behaviour likely had nothing to do with the robot time of their servers. that's not a question. you have to know this. never be proud of abusing front line staff. they are not the cronies that ruin everything.
so you made a scene and gave shit to staff who likely have no say in that sort of thing? consider becoming less of an entitled brat.
“i threw a tantrum (for an hour!) over an issue that applies to 10 of millions of other people and couldn’t get the teller at my local bank to fix the banks entire global network. that’s why i use crypto.” nice.
“my money was screwed by a lack of technological infrastructure. better convert my assets into money that relies solely on technological infrastructure.”
shutup and get over it
and? maybe use different banks or have credit cards at multiple so it doesn’t really matter. i personally have my paycheck split between two banks.
it's just a bank, there are decentralized banks that run 24. why would you settle for a bank with zionist interests?
isn't it ironic that boa is china owned?
that sucks, hopefully they can get ripple and xrp to work their local as well as their international systems ;)
think this could have anything to do with the amc? curious to know if these banks were busy doing something at this time. such as liquidating assets maybe.
gme folks are going to jump on this...as a fellow ape, more of an orangutan, i observe from the sidelines, from now on.
idk if this is legit but if it is... holy shit wtf
so did america's financial sector get fucking hacked and no ones talking about it? us needs to step the fuck up. we the people, are all being touted to the rest of the world as idiots and stooges. where the fuck did the american spirit go? to the fucking grave with all of our spines?
not letting you withdrawal a majority of your account is against fdic rules. they're can be pending transactions that they need to settle that is fine. literally this system of guaranteeing the banks is almost 90 years old.
remember one simple fact, the us dollar is backed by the full faith and credit of the us military. crypto is backed by what? some geeks in their pjs in a basement somewhere? if the us wanted to crypto would be gone tomorrow. invest wisely, my friends…. that being said, these large banks are a problem in that so much equity is under their control that it presents a clear and present danger to the us economy. the answer is corruption in dc, where most of our problems really come from.
“computers crashed” is a meaningless term for a huge company with thousands of applications
they'll be laughing about you for months. "remember that one weird dude who would not leave?"
the fact they’re limiting withdrawals shows that they’re scared of a bank run. they know something we don’t know. something is about to happen, and my gut tells me it isn’t going to be pretty. my guess is that the bank is probably functioning extremely close to their reserve limits, and is also likely heavily leveraged at the moment. to me this looks like a warning crack in the foundation of our economy.
if the internet crashed you couldn’t have bitcoins either, what is this post
"had to throw a fit for an hour"? so you yelled at the employees who were told not to give or take money into complying? yes, that sounds exactly like something you should broadcast. if you needed emergency money you should have some at home just in case, not yell at bank employees when their computers are down. i hope it was not an emergency considering you could have also came back later when the computers were working. good thing youre switching to crypto which does not rely on tech working...oh wait.
why does this lie have so many upvotes and why is it getting spread on twitter by crypto bots and shills with a link to this post? bofa did not have a worldwide computer crash... suspicious
no idea this was even happening!!
a handmaid's tale begins?
i have been watching and waiting for a bank run for some time now. to me, the scamdemic is just an excuse for the great financial reset. they are demolishing our way of life in phases. when you see quarantine lock downs, and the conditioning this brings, you know they are war gaming to stop bank runs imo.
it takes time and patience but the biggest thing crypto offers me is to be my own bank. i hate banks with a passion for reasons like yours.
doesn't make sense it is americas bank. how can americas bank be faulty ?
my banks website: “we apologize, down for maintenance” fiat and banks are not the future.
not sure if it’s related but i tried to exchange foreign currency at bofa yesterday and they told me the system was down
love spinning out... then theres that odd feeling afterwards when you know it should not have happened.
do we know the cause? assuming it wasn’t related to the market as nothing earth shattering happened today.
so, they turned off the buy button just like rh ?
that sounds normal. atm machine was probably down at that location unless you verified it at another branch. atm withdraw limit is
this is exactly why we need crypto.
not sure if related but i was unable to do deposites into coinbase this morning. it was giving me insufficient fund notice when there was money in the account. this evening i was able to deposite again but my normal . i bank with chase not bofa.
bankers make the rules.
exactly why taking control of our own finances is so important. i cannot wait until the day where we can send money back and forth and be completely independent from the fed and their stupid games. unreal
someone got an under the table payout...
i have a credit card with boa. it's unsettling that after the 2008 financial crisis, boa still has a web portal from before that era. i'm not surprised they are experiencing technical difficulities.
just imagine what would happen with the usdd if they had any part of it.
i work for bofa and all day from 8am-5pm we had no issue, no atm issue or computer issue. so when you say it crashed worldwide, i’m skeptical at the least. banks suck don’t get me wrong but i have a really cozy job and we all love and invest in crypto. literally every day me and my coworkers talk about how our company needs to adapt to crypto and it’s the future. sorry about your experience mate. (i don’t speak on behalf of bofa, this is clearly just my own perspective)
wait until you find out you cannot transfer .
has banks done this before?
that would not have happened with internet computer
it wasn’t just local branches? i haven’t heard anything about this, which isn’t surprising really.
same is with crypto. if exchange goes down you are stuffed. anyone who lost money with mt.gox knows this. unless you keep your cryptos in cold wallet. which is same as keeping cash at home
shit that’s really bad fuck coinbase messed up for like an hour and everyone knew lol
wow. i use bank of america
time to plunge tesla shares too👌
anyone getting multiple mortgage payments withdrawn again?
bank of america is garbage
if you tried to use coinbase yesterday, you could not withdraw any money at all, because the site was down. this stuff is not exclusive to the big banks.
lol... imagine computers crashing when using crypto.
this is not the first time i looked it up. i want to believe banks are out of money. but i can’t say. this hope this doesn’t happen to you agian
this time, i think only staking is good for now
bank of america are a bunch of frauds lmao. still waiting for them to reimburse a fraud claim from months ago. i asked the agent if my money was insured in a bank of america account, to which she said “i’m not sure, i’m just a customer service agent”
this is why crypto currencies is the future!
wait, kinda like how binance or coinbase have crashes?
just imagine if all you had was crypto...yikes. but boa is bigger garbage too...
cd drive = cash drawer drive thank me later ! =)
bank of america rugged!!!!!
it’s true what they say: the banks are out of money
gamestonk is all i’m alluding to
seems like nobody cares about banks anymore
you should have seen how many crypto exchanges crash and don’t offer tether...
what is the profit they get by doing this?
at least one bank in thailand also crashed, no atm, no online access, no transfers
the writing has been on the wall for sometime and people refused to see it
but traditional banking is a well designed decentralised system. the failure of boa node had no impact on me.
most bank systems run on legacy code from the 90s if that ever truly goes we are fucked.
bmo was down last weekend with the same stuff.
the greeks entered the !chat
oh man, must be a big conspiracy. time to buy btc.
same thing as here in eu, we will stand for hours just to get in the bank and realize the system is not working.
well most crypto exchanges are in crash mode and have been for the last few days too. so it’s probably best to keep a few bucks in hand to at least buy gas on groceries. as far as crypto goes i was buying as an investment so to use as an atm i can just leave it in the bank since they charge to put on exchanges. so that makes no sense to me. all you have to do is tap your debit or credit card. who wants to spend money to buy crypto to spend. that makes no sense to me.
does america have what we have in the uk called, the financial compensation scheme? i’d be shocked if those into crypto aren’t aware that our money in the bank isn’t ours and could be lost somehow. the uk will cover £85,000 of any lost money. of course that is a completely worst case scenario, but always nice to know.
america the land of slave's
banks = 💩 all of them! and i know what i am talking about, i have worked for years in a big one.
probably not to be honest, the world.
it sticks my cartridge in the side...tandy
who the hell is still selling??? there is not anything left to sell.
be the change and switch
hi, from front page so i'm slightly confused. you were inconvenienced for 1 day because the bank was having computer issues? i do not understand how you only had to use cash this one time either.
how long are you with the bank and how often does this happen? to be fair, server issues can happen to anyone. if it is a common occurrence, why not move bank? if it is not, then put it down as an inconvenience and move on with your life.
dex are the future
guys, i have been searching voor a post about a algorithm that tracks every coin on binance. when a coin moves a certain amount it buys it and sells it. (hopefully with profit) but i cannot find it anywhere. posted like a week ago i believe. can anyone help me out?
this is true. i went to the bank yesterday to apply for a loan. it took 30 minutes for the lady to even show me the rates. apparently, the system had crashed.
starling have blocked transfers to exchanges too. they really do not want people buying the dip.
it's because they weren't able to ask you what it was for. mark my words, it will get worse. eventually you'll have to tell your bank everything your withdrawals are for and deposits are from then, the government will make cash a thistant memory and make everyone hold digital fed token where they can track each and every transaction you do this is why bitcoin and other privacy tokens should be supported and nurtured.
b of a? that's like the robinhood of banks.
fuck bank of america, this is why i closed my account
there was a liquidity test done for the stock market just recently. maybe that was some of it and warren buffet dropped all his bank stock sooooo... maybe this is the start of something bigger?
crypto is just as risky, instead of a temporary computer glitch people could just decide it’s worthless. the only way to protect money is a cash bill, but even that comes with risks such as fire, theft, or the government suddenly denouncing it’s value. since currency has no intrinsic value, the idea that any of it could be a safety net is a falsehood. that is why rich people invest in assets, they are converting their money to something with intrinsic value.
i just noticed a system maintenence notice when i checked my bofa account. didn't think much of it since they made it sound like nothing. just "improving our systems to better serve you". nothing to see here. glad you said something. i would have had no idea
robinhood and coinbase crash too, just like the bank. you’ll have the same problem.
i worked for a credit union and they care about their members. if you have a credit union near by, open an account for sure. we had an outage in our system and we paper tracked everything while still being able to give out cash. not to say every cu will do that but you’ll get way better service than a bank.
your saying the media is not reporting on an actual issue? but instead focusing their attention on click bait and highly searched articles? madness.
same here in india and they are giving same reason. are they doing this to keep us away from crypto
a few years ago, uk bank natwest had a similar problem and i remember hearing people go without food. it was huge news though. i used to have an account with natwest and you cannot access online banking between something like 1am and 3am. dreadful
lol coinbase was pretty unreliable thursday too.
they do not want a run on the banks and the crypto guys wont sue or deny financing as a revenge method.
and this isn’t the first time bank of america is having computer issues. here’s just a few months ago, august 2020:
what do you buy bitcoin with and what do you sell them for?
did elon tweet about boa to bring the bank systems down?
everyone on here says banks suck. but for some of us who can’t afford to not use a bank, are there any recommendations? usaa seems like a really good bank compared to the ones mentioned in this thread.
were you able to withdraw more that day after you stayed there for an hour?
that’s because they don’t have the actual paper money to give out. it wouldn’t take that many people going and trying to withdraw all their money to cause mayor issues for them.
boa is the worst.
*click* you get *click* you get !
i love fucking with these people. shame the account is already deleted
should i be concerned about this? like, pull out all my money from the banks concerned?
omg even in turkey banks crashed for a while. i̇ think it was global
bank of america computer crashes, they do not tell you shit, but the same bank probably, on a good day, would not let you buy crypto, saying it is for your own good. they want to protect you? when the hell did i?
you think that’s bad. imagine being in greece during the financial crises and not being able to withdraw your money for weeks.
always leave yourself multiple avenues for getting your money. also, fuck banks
funny the lack of fud that surrounds banking errors
seems like institutional banking and ‘commission free’ trading securities companies have the issue at very ‘convenient’ times
i did send 3 btc transactions last week and it has yet to be confirmed so i get it
this is why i use crypto
i heard boa is selling all their student loan debt soon.
this is a big deal but what do i know 🤷🏽‍♂️
they wouldn’t alllow me to take our rent money!!!!! the banks only purpose is to hold money for me. not bet with it now i can’t have it!!!
checks exist for a reason too.
hmmmmm no news? pretty big fucking issue if you ask me 🤔
i work for a bank processor. and i’m not sure what boa’s process is but it’s perfectly normal for that to happen when the processor has a major issue. it’s a huge interconnected web that requires many pieces to work to function correctly so you’re going to have hiccups on occasion. not something you want to happen multiple times a day but you can count on it happening on occasion. you were given the bank’s offline limit, which is done when they cannot communicate with the processor to keep balances straight.
i needed to wire some fiat yesterday and was told by my bank i need to physically come into a branch and fill out a form. i live nowhere near a branch so they transfered my call to a different department to help. that department is closed until monday! i called my other bank and they said they could help but the wire would take up to 3 business days! of course both come with large fees. 🤦‍♂️🤦‍♂️🤦‍♂️
you can use some crypto atms to withdraw cash
coinbase was down recently too
is this related to the crypto crash?
always keep some money laying around in case of emergencies like this.
boa has shit service in general. if you want actual service, try a competent bank like chase.
definitely no news in my area about this. you'd think an entire financial ecosystem going down would ping some news outlets.
that's weird, my company had massive computer issues yesterday too. and we have nothing to do with banking. but we use software like salesforce, sap, both of which were down, among others
[bank of america be like](
i could not trust our banking system after 2008.
this is why decentralization. banks aren’t your friend.
decentralization comes with its own issues but i feel your pain op
i think they are trying to prevent people from withdrawing all in one like what happened in greece
so why did it crash?
i still wish i was one of the people that got some bitcoin by mistake from binance. i would be a millionaire by mistake.
go back. they can’t refuse to hand over your money when you request it.
huh?? do people just believe whatever people say?
i mean, this is true of any system. how do you plan on spending your crypto if a businesses systems are down? sounds like you just had a shitty teller
you losers still live in a society that uses cash? lol 3rd america i haven’t used cash in nearly a decade where i live
aren’t they required to allow up to ,000 in withdrawal
this happens all the time, systems go down and there is literally nothing anyone can do unless they do the transaction the old fashion way but still they can’t pull up your account info . it has happened plenty of times before and they usually go down for a little bit, wouldn’t surprise me if you came back later and the system worked. plus most bank of america’s right now are stacked on their atms with withdrawal limits able to be increased through your mobile app and most locations if they don’t carry 100’re using your mobile app you can increase that limit
how is it the tellers fault? you’re going after employees who literally have no control.
of course not, corrupt mainstream media, the mouth piece of the ruling rich, do not want you to know.
how many times has coinbase and other trading apps crashed lol
this also illustrates why you should not have your crypto on an exchange. they can shut down or deny your withdrawls. i know it kicks ass to be getting returns on platforms like blockfi, but as shown by this last week, they can just shut down withdrawls. (i'm glad they did so that they could stay solvent).
so, did you buyer accept cryptocurrency instead of cash? because based on the sound of it, you think cryptocurrency is superior. how did cryptocurrency help you to purchase this item?
now go and read about the constant problems on coinbase.
wonder if this has to do with the new liquidity requirements for institutions for stocks and banks are just having "computer problems". either way fuck banks.
access to internet is a challenge in the us. we lose internet and it takes 2 weeks to get it restored for residents. cell phone towers with 5g drop down to 3g often and when we lose power its typically impacted. our infrastructure blows.
with crypto you would get the same result if your local isp was down or you frogot your phone ( which has your crypto wallet. ) bitcoin is useless during heavy transaction activity ( during the last major crash people were paying . ) crypto will solve some problems and create new ones.
i cannot find a single news source on this. how strange.
i know what sub i'm on but does not this one thought scare any of you? a major bank could not do shit because their computers were down. imagine if crypto became what many want it to be. m1 needs to be accessible at any time. crypto cannot do that when the internet does not work. m2 on the other hand are those cash deposits over 10,000 and any accounts you reasonably couldnt spend on a day to day basis as the bank uses it to loan out to other banks. personally if crypto does get legitimate this would be the only place to have it. edit: i'm a flood survivor you jackasses. during a natural thisaster you cannot count on shit.
how much you want to bet boa has been hit by a ransomware attack?
for whoever needs to hear this: bank of america is ass trash. they are ironically named that and are the worst bank in the entire country.
it is a good thing cryptocurrency does not rely on computers. we have nothing to worry from solar flares.
ughhh i just deposited a large check from selling my car and it’s not available till thursday night! da fuq. i need to buy a new car. 🙄
hopefully it erased my car loan debt
that would explain the spike of calls at work
reddit is a cesspool for suit lovers leftist scum
aren’t boa short gme?
it’s probably a good thing that they didn’t report it. you dumb mother fuckers would go to your bank and withdrawal all of your money at the same time. and then what?
go spend your bitcoin 😂
thank goodness this will never happen to crypto or btc
i do not know if its just frequency illusion but there seems to be a suspicious amount of "closures" or things going "off-line" at the moment. eg suez canal, mississippi river bridge, colonial pipeline shut-down, tier 1 internet provider outages, now banks. is this just baader-meinhof messing with me?
lebanese here, welcome to our world capital control laws are coming worldwide they stole our savings and they will steal everyone else's fuck banks hodl
of course you wouldn’t hear that on the news. just imagine what people would do when they hear about it ... omg everything is coming together 😳
posted this elsewhere but thought it was relevant. i removed any mention of alt coins to which i was referring. personally, i'm fed up with banks. i'm using ally because i want an interest saving rate greater than 0.01% (ally used to have a decent rate, before covid). but i've needed to get cash, but they limit my atm withdrawal per day. they limit the amount i can send via zelle per day. they do not support paypal (or vice versa) because they consider themselves competitors (they are not). so i have to jump through hoops to pay for a tattoo or home improvement project to businesses who are trying to avoid expensive cc fees. today, it does not make much sense to pay with crypto, but tomorrow we'll be able to bank on the block chain (see defi). the future is coming!
i feel like there was a very simple solution boa could have implemented to make your life easier and just didn’t.
my question is, how the heck does a bank not function as advertised, and not get instantly flamed in every possible way? this just shows how much we can utilize cryptocurrency.
i cannot wait until cryptocurrency becomes mainstream enough that we do not need to liquidate it for purchasing everyday items. life would be so much better without banks and their negative saving account interest rates.
they did not want you buying the crypto dip
they may not have had enough money to give out. if there ever is a rush on banks they will not have enough money to give out.
crypto wallets and brokers crash and lock up money constantly. we understand what you mean though. screw fiat!
another reason why bitcoin should be mass-adopted.
this needs to go viral on every social media platform
i've been scanning my bills and destroying the original
just keep your cash in your floppy. ![gif](giphyqdcemvpw2dduu)
i'm mad at you for making me guffaw in public
i find the transfers go through faster after uploading jpegs of hundies onto onedrive
that's a cupholder you big dummy
and here i am waiting 3 weeks for coinbase customer service to tell me why i can’t withdraw 5 figures…
oh, you mean the "cup" holder
cd drive = cash drawer drive all these years i never knew what cd stood for, now it makes sense
really low on sleep. was wondering how this worked.
ohhhh! i dumbass thought *cd* means *cash thispensary*. that‘s why it never worked as expected.
omg. it's all big conspiracy. they do not want us to buy bitcoin [̲̅$̲̅(̲̅ ͡ಠ_ಠ)̲̅$̲̅]
i know you’re joking, but i’m still intrigued and very wary about these bitcoin atms i randomly see out and about.
i scan my bill one by one
huh,...i just scan the bills in and shred the hard copies. i’m paperless.
i've been doing this with my laptop, now the cd tray does not close right, but if i force it shut seems to work.
i keep getting an error when i do that. it says i need to add more ink or something
does this work with burritos
oh no, you are using plastic! watch out or papa elon is gonna short your ass.
plebs, i juryrigged a slot machine's bill acceptor right into my pc
i mean i just use the scanner.
i was buying something from the cryptkeeper, man. he only takes paper. i'm only half kidding.
>cd drive sir this is 2021
what's a cd drive? like a hard drive?
or trade 3 lbs of beef jerky for one btc
you don’t give the guy that comes to your door every morning your btc deposits...? wait... where do you get your milk?
the banks do not want you to know this secret.
you mean the cup holder? neat!
is this even safe?
haven’t try that, i have this black box not sure what it’s call, i put a treasury note on this glass, shut the lid. a bright light comes on and another treasury note comes out at the bottom
i was curious how you did that but yeah lol
cash deposit drive? wow til
nahhh i barter it with my cabbage. cabbage has some real world use compared to other coins.
i was able but 2 people had issues in front of me. was about 430
not to be a dick, but how often does this happen? some rare technical issues in old finance is certainly not why i'm in crypto.
scary not being able to take out your money!! and also scary that something big as this did not hit the news...
just wait till you want to withdrawal some crypto, but the fees are 30 euros per transaction. or the exchange you use is down. or you misplaced your key. having to wait a little bit to use an atm is the least of your problems if something fucks up in crypto.
is this it? is this finally 2008 round two?
wait. is bank of america owned by jp morgan too?
you have to deposit munny 1st
i did too, till i jumped on my bed and broke my laptop. :( money is fine though.
you should try exchanging some of your bitcoins for buttcoins, that way you can also hide some up your butt.
someone sold me real bitcoins for €2 each, i keep them all in my mattress as well. didn't know you could buy the real coin cheaper irl ! lucky i met that guy online who put me up on game.
fiat in credit unions (because banks are scum). for everything else, there is crypto.
at least monthly, if not more frequently. company wide network down for hours. can’t do shit. fiserv is a shit company.
0.01% apr savings account interest anyone? fucking lol.
but credit unions though... fuckin hot. i fuckin love my credit union.
the overdrafts most do are fucken criminal. i bought the dips, so was low on fiat, and then got hit with my tax bill. overdrawn for maybe 12 hours, and chase hit me with around . couldn’t imagine being actually broke and then my bank saying “fuck you now you’re more broke” keep in mind i’ve been with these fuckers for maybe 9-10 years now. i called, tried to get them reversed, and basically got told to fuck off. what scumbags once again, totally my fault. but i can imagine a million ways someone who’s poor getting hit with these and it completely screwing his life
that's a lazy wendy's. my mcdonalds has card reader problems and computer problems all the time. they start telling everybody cash only and wrote down orders, did the math with calculators and charged me.
what are benefits of credit union? i hear a lot of people backing with them...i have chase because i’m the idiot that thought it’s the best bank just because they are big
im surprised that people still put money in boa post 2010. credit unions only
i second what another commenter asked: why choose a credit union over a bank?
don’t have money to buy the dip
they want to buy the dip, not their customers. smart but dick move on their part
yeah, i agree. but as a shareholder it kinda makes me sad a bit.
well we know that. like 24% more than last year, lol.
they probably share the same third party who services their transactions network
damn and with a credit union???
gave you chills? for fucks sake. whatever.
it’s likely that the credit union uses bofa for its own deposits and transaction services so they become collateral damage during an outage.
rattled you to the bone, eh? 😂
if the computers were down, you could not withdraw penny. think about it
lol ‘chills’. i guess your local supermarket only lets you buy tinfoil in cash?
what banks would you recommend? i am looking at fedelity
that sucks man. alot of banks where i'm from pull the same shit on customers. then make it intentionally difficult to contact them by putting us through multiple automated calls after which they give us a different number and the cycle continues. fuck these banks. on a side note, i'm moving to canada on an international student visa soon. is there any honest bank in canada i can set up an account with? i do not want to go through the same shit you go through to get good service.
fuck canadian banks- their service sucks and its expensive.
"fuck bank of america" -another bank of america customer
crypto crashes too, large institutions are now involved in crypto and will liquidate before and during the crash to buy back cheaper.
check out the full tilt poker 2011 scandal. the players made a run to the bank they had 6 mil instead of 330. that's exactly what would happen but on a much much larger scale
og bank runs: not enough gold to back the paper claims to gold 2021 bank runs: not enough paper to back the digital claims to paper
fractional reserve banking. the system would meltdown if everyone tried to withdrawal.
well all your money is insured so this will never happen. that's why fdic insurance exists. even though crypto is the future, our society runs by trusting that banks *securely* hold our money. which they do.
that already almost happened to boa, and you know what they did? they just told people to get fucked and locked the doors. their money now. and im sure they felt zero repercussions for it.
all of which are american dreams
fuck the banks. the media has many outlets that are awesome. saying fuck the media is far too broad, but it works 100% for banks.
we need free press which is essentially the media. not liking the press *ahem* lügenpresse or lying press or fake news as hitler and trump call them do hold people accountable more-so than no press i assure you of that; see north korea.
>"the banks are collapsing" nuway bro, it is happening. it is finally happening...
came here to say this. all their technology is so dated. i had a credit card with them once and i signed up for automatic payments in full on a particular day. weird, the payment does not go through that day. i have to call them, give them my bank's information so they can do the payment. next month arrives and the automatic payment never happened. they say it will next month. i think thry were just trying to scam me with late fees and what not, and i had to give them my information again. seriously, there was no way i could make an instant payment a few years back. drove me crazy. i redeemed my . don't touch boa for anything.
do you have any experience with dragin?
if you're robinhood it happens weekly...
i worked there during this, it was about 3 years ago. it was hell! the bs we were told was something triggered the fire sprinklers at the location that holds the central servers and every single system went down bc wf was completely offline. it started on thursday and it wasn’t fully back up till the following tuesday. i was a personal banker and my next month was spent reimbursing all fees from deposits not going in & bills bouncing and helping customers call there bills to explain to them it was our fault, not the customer. it was about 6 months before it wasn’t a major part of my day. people thought the same thing then, wf went bankrupt…nope, just a shitty infrastructure that was too fragile to whatever took it down (didn’t buy the sprinkler story then & i still don’t, imo there was a breach of some sort but that’s just my 2¢) technology is a double edged sword & the world is too reliant on it. there should be a physical work around for some things & finances is one of those things
banks in general suck but boa is like the worst of the worst when it comes to their tech. i remember requiring using it for a company i worked for and it was the most wretched thing. the deposit amount was always 5 days behind of how much money was available in the account. credit unions are much better and i refuse to go back.
not a single mention of any positive news about gme, but there it is.
would you believe me if i said binance and coinbase had access and withdrawal issues 2 days ago during the exact time you might want to move your money? this does not exactly seem like a bank-specific issue. it's something that is worse with crypto if anything.
they treat businesses a bit better. i'm curious to know how this goes. update?
why would the usd crash over a bank outage? not how this works here.
how about that july 2019 security breach for capital one? bet that was a blast!
*{wells fargo enters the chat.}*
wells fargo is the cancer of banks. i hope they die in a fire. charged me thousands of dollars for bullshit over the years. absolute garbage institution.
banks aren’t going anywhere - loan servicing is their primary industry
they are the worst offender in my experience
happened in venezuela with fiat. can happen with dollars too
crypto would go brrrrrrrr
what the police is going to do? arrest the bank of america? you need to go to trail and a lot of bullshit. they have to give you the money but they gonna make jump all the legal hoops
on the surface of may seem like that but the fact is, if you do not create something or own it, you cannot control it and the us knows that crypto is beyond their control which is why it is moving at a snails pace to regulate as opposed to other countries. they will have some say on the crypto space through regulating centralized exchanges like coinbase. but crypto was made to be peer to peer like cash and that is uncontrollable. once there is mass retail adoption, there would not be any need to cash out of crypto and that is when governments will loose it is stranglehold on currency. people will pay there rent in crypto just buy sending it to the landlords public address. no middle man (bank). its only a matter of time. its a already happening in developing nations.
might be true but i got my money (if we're playing the caps game). i would not have if i did not cause a stink. there was no abuse, my guy. just a demand for my paycheck.
is there a way to stop them screwing us with it?
entertaining an idea that is becoming more and more possible is not "tinfoil hat stuff." preparing for a potential crash is the play, instead of ignoring the possibility all together and then being blindsided later. repo markets are fucked. banks and hedgefunds are scrambling. things are not good right now and only getting worse each day.
astrology?! here, in my cryptocurrency subreddit? this am not right.
they did not let me until i informed every person that walked in the door that they cannot get their money. i was being a customer service nightmare about it but sometimes open mouths get fed. that was a weird experience. but i was buying a puppy so they better gimme my damn puppy cash. gamestop and funko stock bought me that dog, not that fuckin shitty bank.
hell yeah! that's the spirit.
never worked in a bank but have worked retail. so many people thinking we had a direct line to corporate to make them do our bidding. it's ridiculous.
blockchain eliminates the need for a central authority like a bank because data is stored on every node in the network. so if a node goes down you still have access to your crypto through other nodes in the network. it also makes peer to peer transactions possible with no need for a middle man.
i'm well aware. i have tried but it is time for another change, i think. i agree.
is there one? is there any proof of this anywhere besides this one post?
not sure if serious, but in case you are: i highly doubt it. bofa moves hundreds of billions of dollars every hour and manages more than 2 trillion in assets, greater than the market cap of top coins combined. crypto activity is unlikely to be related here. what you're suggesting is a run on the banks is occurring. if there were such a thing going on, you'd know about it and there would be panic in the streets.
wells fargo has been good to me. i've sat negative for a while before, incurred many overdraft fees over-time but they are very forgiving with them and understand. usually they reverse them for me if i call and ask.
they just wanted you to shut up and pay it.
i said that first. make your own post. haha
finally, a real friend.
i need more mattresses, stat!
but if you owe a mortgage payment or a car payment the bank wants its money right now! banks are trash
how's it goin mr chase? you just described every credit card on earth.
that headline is a year and a half old. not saying you’re wrong, but this article isn’t referring to this week’s events.
elon farted and the usd crashed 10 points
agree. they all are products of corporate greed. they don’t give two shits about their customers. hence the whole toxic mortgage meltdown back in 2008
you sound nice 😳
sounds like something. i emptied my account after they acted like that.
that's what i said
not to mention that people post on reddit with similar or worse problems with crypto every single day...
google search says boa is not owned by china
nah man fuck xrp, stupid 20 coin minimum in a wallet; i have coin that i want to exchange out of xrp but can’t
please stop. this is not wsb here. i wish people would stop and detach their gme. its really frustrating to see. i get it. its the same endgame. fuck the big guy. but this is a different weapon. so lets treat it as such ok?
wish i had something i could post here. but others had the same experience and i was told that to my face. i do not have anything to gain, dude. this post just blew up. i was furious and vented here. but it was very real and very fuckin annoying.
so i'm running from a skeptical guy with a head and no body into the lincoln memorial? or are you one of those guys? or am i the big head guy?
if they were scared of a bank run, why would they not allow deposits? assuming the premise, they want more money to push up their liquidity.
how would "the internet" crash though? you make it seem as if one or a few entities controls the entire uptime of the internet
because it’s not, op doesn’t know about daily atm withdrawal limits and would rather complain than take 5 minutes to look them up.
anyone in chicago should keep their eyes on the skies.
someone come take my mans to go outside
i think you skipped your meds again.
so who's in charge of the scamdemic? the same idiots who refuse to wear a mask to protect themselves from the very virus they are trying to use to take over the economy? occams razor is strong with this one boys
you can’t think that sort of stuff here. you will just upset all the little flowers in their rainbow box.
vietnam got the fucking virus under control and we bombed them straight for a decade damn near
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if they are out of money, national banks start to print more and send more paper money to them. in case of lot of customers want to withdraw they would do this anyway. only about 10% or less is printed, the other part are just numbers on accounts.
they can say what they want... i just gotta buy this damn puppy and i'm gunna be a dick until i get my puppy cash. i do not need a million dollars. nucking futz, man.
so sad. the monopoly guy is gunna be out of a job at the go square.
ok. whatever you say.
it's what we buy drugs with...
sometimes it is nice to use crypto to buy things. makes me feel special. otherwise my crypto investments are like you said... just a back up atm.
the u.s. has the fdic. they cover 250k of a person's money if it is in a fdic insured bank, which all usually are. so if you have 250k or less and the bank goes tits up you'll be covered. however if you have 20mil and the bank collapses well... you only get 250k.
thank you for that insight, much appreciated! hope enough people read this.
strictly legally speaking, you're correct. good luck getting that money anytime soon if you pull this card though; they will willingly make you take legal action against them just to screw with you.
wow, if people only knew about the dex thats built into the xrp ledger... they wouldn't have to worry about these things.
man, same. my rage kinda blew up into something here. oops. haha
coinbase is for dumb money.
in the us? i can’t really ever remember lte or 5g dropping to 3g. i actually often think about how i haven’t seen a 3g symbol on my phone for 5 years or so
when the fuck doesn’t the internet work? maybe you have shit internet but the actual internet carries on regardless. bitcoin has been up 100% since 2013 i believe
seriously? you should look up decentralization and what it is good for. since you do not know much about it think about torrents: bitcoin nodes are basically seeders and everyone is seeding the same file. even if there is the highly unlikely case that 80% of seeders have a poweroutage at the same time, there is still a shitload of seeders available that keep the blockchain updated and seeding to every node coming back online. "when the internet does not work." that's such an elon musk thing to say lol
if it did i hope you got yourself a super nice one lol
posted 17 hours ago
then everyone has their money back? its not the banks money so everyone is entitled to take it out at the same time. not sure what point you’re trying to make here...
my drive is hard, i dont know about yours
for everything else there are laser thisks and betamax players
hard to put them in sideways in the 5 1
only allows up to .44 tho
dammit, i've been doing digital currency wrong all this time.
i’ve been copying my cash and inserting the copies. synthetics?
i definitely need one of those infinite cash floppy tables... take my money. you could even have all of it if you procure one of these bad boys!
i keep cash in books, no one reads books, no one is gonna look there
will it hold my ? the slot does not look big enough. ' (waiting for a know-it-all to come out and yell, "ledger doesn't hold your coins. only your seed phrase, you moron!")
cause they don’t have to. read the agreement
there always money in the cd drive michael
i print my milk every morning
i don’t think it’s about the frequency as much as it is about the significance of when it does happen. some people experience serious issues for not having access to their money even if only a handful of times. maybe they are needing to make a purchase to handle an emergency situation. sometimes banks mess up and freeze amounts without merit. it’s alarming to not have access to your funds in a capitalist society.
people on this sub have a tendency to blow things way out of proportion. one guy complaining about not being able to pull money out of his account and people are making comments about how this should have been on the news. it's fucking stupid.
just to make clear: i am pro-crypto and i am glad i can use it to pay for things. it's not scary that it is not in the news, it makes sense. just look at how people are putting fuel into plastic bags to hoard it. or when people bought twenty packs of toilet paper because of covid rumours. we can always count on people doing foolish things, so putting in the news "oh noes, you might not be able to get your money" will make sure a lot of people will come out to try and take out their money "just in case". this will turn an inconvenience into a bad situation.
while it is, events like this is why i push people hard to have emergency funds. fuck crypto and fuck savings accounts if you do not have at least . i do not mean on your persons at all time but accessible in the event of emergencies. investing of any kind can wait until you have an emergency account or 2 set up and then by all means, dump money into crypto and savings.
the money in the bank is not actually your money. we are actually not in control. if the bank does not evolve they will loose customer. if we cannot get the money as we want. why need a bank? no interest rate on your savings. better to safe your wealth on crypto.
legally it is their money... you do not legally have a "deposit", you are technically loaning them money, so it is pretty well made to f the little guy.
because it would make it worse.
the news only tells you want they want you to know.
if you do not know why this was not covered in the news then you truly do not know anything about banking... if you put this in the news then more people desperately try to pull out their cash from.the banks which leads to more people trying to get their money before it "runs out" which means that more people try to... and so on until the bank really does not have enough money left, which can happen. some governments, dunno about the us, do guarantee you that you'll always get at least a certain amount of money from your account, even if the bank were to go under.
if the news talked about it, it would become a self fulfilling prophecy like we saw with the oil pipeline last week.
they dont want people to panic before the billionaires save their money.
for the people wondering, fractional reserve banking is banks lending money they got from deposits from their customers, but only holding in reserves a fraction of that loan.
quite true especially the gas fees statement. hopefully it will improve in the future.
i use iota. no fees and soon decentralized.with ledger nano s its comfortable and quick.
paying 30 euros get your money sounds better than not being able to get your money because someone else has yours. and exchanges... yes kinda the same thing, imo.
wait. is it more than just bofa? are other banks down also? is pnc down? should i prepare my mad max outfit for what's to come??
i've been putting the pieces together all month. 3 of my millennial cousins bought their first houses in the past year. that's what did it for me. lmao. i started looking into the housing market, the shiller p, inflation, etc. i think it is around the corner.
nah, some things feel even stranger. this feels like 04,05,06. they’ll start cooking then 2008. you’ll know when your (allegedly) pot dealing buddy is approved for houses. till then carry on.
you could have looked that up very easily.
good call. i'll look into opening an account first next time.
no room, i make biological currency called shitcoins
get this. i was researching cd rates a few months ago & saw that a few of the big banks, i wanna say chase & wells fargo, maybe boa, had the most ridiculous cd rates i’ve ever seen. i’m talking about a fucking ten year term with a whopping 0.10% apr. who in their right fucking mind would ever lock up their money for a decade at that pathetic rate?!
my stats class skirted around the scam that is savings accounts. they do not keep up with inflation, you're almost losing money. sadly without the paper trail you do lose money as you cannot purchase anything with cash over 5k without raising a lot of red flags or running the risk of cops siezing it just because. cool guys. real cool.
this is crazy, i do not understand why people do not transfer their available money to stable coin and just leave it to gain 7% interest. i did it with 15k that i do not want to risk in crypto, but also dont want to let sit in my account or slowly reduce due to the inflation. once binance cc will be available in my country, this will be the end of my regular account.
we got negative interest in denmark lmfao
you are lucky you do not get negative interest yet. ^()
hey hey whoa whoa hey, i was able to get 0.02 % from thiscover savings! lol
my credit union cost me £15 last year to hold money in it.
same. i've only ever had credit unions as my main accounts. they're not perfect, but infinitely superior to a bank.
i like my credit union too, but 0.01% interest savings account? that’s laughably low.
can you expand here? why are credit unions good? or for this purpose, safer than banks?
as someone who has not eaten for a couple days just because of my prior financial situation, fuck banks. they've robbed me of my money more than anything else on this planet, well... other than taxes ;)
being poor is fucking expensive.
unlike other turds that float, chase, b, hsbc are scum that sinks like a rock. oh yeah, and wells fargo.
overdrafts have fucking put me in some of the worst case scenarios when i was living day to day just trying to make it. a , and then maybe an autopayment for a credit card would come thru and the bank would allow the withdrawal for the payment and charge another . can cripple you financially or even a few days over the weekend when most banks do not fucking operate. its a fuckin whirlpool that sucks yah down further than the bottom.
do they not have overdraft protection? my bank would allow me to take that much out and pay it back, and if it is too high would decline that transaction. might be time to look into a credit union friend.
credit unions are member-owned rather than privately-owned or having public stakeholders, so they are usually more oriented toward member interest vs profit compared to a bank. they usually have better customer service, less or lower fees, less likely to have account minimums, better interest rates than banks (though with a few exceptions for savings accounts at least, most notably discover and ally [edit: well not right now, because the pandemic drove down interest rates, and anyway savings accounts are not great for long-term savings]), and more. there is usually some sort of qualifying requirement for membership, usually just residence in their service area but sometimes other things like employment in a particular industry or with a specific company. the downside is they can sometimes be behind in things like mobile app quality and that sort of thing and sometimes offer less types of accounts, but not always.
mostly the structure. instead of being a for profit entity that mainly cares about wealthy clients, a credit union is non-profit. its much more akin to everyone putting their funds together in a community. the goal is not to extract value from you as a customer
lol i came upon this post and was surprised someone mentioned the issues from yesterday, but ya know for the people that do not know, thinking the bank is gonna go bankrupt or something wild like that. the bank makes billions per week and just kinda reassuring those people not to hit the panic button yet. i regularly see merrill and boa make tens of million dollar mistakes and go oopsie.
maybe, but a credit union and massive bank like boa sharing the same system? seems more unlikely to me, but i'm not an expert on centralized tx systems so i cannot say for certain
this comment gave me chills...
when the sub starts circlejerking like this, that is how you know the big crash is happening. truly delusional.
i am literally shaking with fear. the world as we know it is ending soon. cant even eat a tendie right now, the shaking is so bad.
he started violently shaking and then pissed and shit his pants. that’s how much it bothered him.
credit unions. fuck banks.
local credit union or local bank. fucking sucks when you gotta travel though
i honestly think bank employees just cover for the bank and try to hide mistakes instead of reporting the issue so things get fixed. stupid loyalty to the brand. it’s a pain to switch banks so i deal with it and keep watch on things. maybe i should switch and find a new pain. here is another experience which happened before the credit card issues. my wife once deposited . monday morning i checked the account and noticed the money was not in our account. she drives to the bank and the same teller is working (small town) and the teller remembers the transaction. we had the receipt of deposit. the idiot teller did not clear out the computer from the last customer on friday and our money went into their account. the really dumb thing is that when you make a transaction at a teller you swipe your bank card and enter your pin code which my wife did. it did not matter since the teller fid not clear the last customer. the teller had the nerve to accuse my wife of using the other customer’s card. ended up getting the transaction fixed thankfully as cash doesn’t have a paper trail. talked to the bank manager who was apologetic and said she would make it up to us. she mailed us a . fuck. i also called td and emailed them about the situation. they were not surprised and once again “we are sorry you had a bad experience.” but no mention of investigating so it won’t happen again.
rbc. i've never had a problem. avoid bmo.
tangerine. no fees. been with them 5 years never had a problem. i message them through twitter instead of live chat and they reply every time almost instantly. i've probably spent a total of like an hour over 5 years talking with them about any problems i had.
i should add that i had to call about a purchase issue on my visa (paid, got tracking number than it never left the warehouse and business stopped replying). get the general help line and told i have to phone the fraud line. woman said 1-800 instead of 1-888 for the number. that mistake sent me to a phone sex line. maybe she was secretly telling me to get fucked. that was kind of a funny mixup actually.
near instantaneous collapse of confidence in the dollar ensues - dollar becomes worthless almost overnight. i feel like it’s coming.
can't stop. won't stop. these choads have had this coming for a couple of centuries now. interest is gonna be due.
i prefer willthis, personally
dragin deez balls across your face? yes, im an expert. ama
i was there and it is not a hoax. i did not expect this post to blow up like this. i'm just just some guy, man. they called the branch down the road and they said it was worldwide. the reason i posted was how odd the situation was. im not trying for clicks or anything. ask me anything if you want.
well i cannot remember the exchange rate but op just bagged himself like a weeks pay in some poor country...
i can confirm coinbase had withdrawal issues. i even received an email from them informing me so. this is much bigger than crypto. the banks are fucked because of the repo market, defaulting commercial mortgage backed securities and probably more shit. every market is getting collateral damage.
dexs did not go down during the crash. its true that eth gas hit 1000 gwei at the peak, but pos chains like matic let you swap with no interruptions and less than 1 cent per transaction. now, if we had limit orders... uniswap v3 is a good start but its only on eth and the code is licensed this time around. issue is not with crypto, issue is with centralized exchanges. "not your keys, not your crypto" applies here.
it’s a liquidity problem caused by instruments with t=0 settlement interacting with t=2 settlements
it's an issue of centralization. trusting one bank or exchange (that does not have your best interests at heart) with your finances.
due to that event. i now know what’s in your wallet. edit: i do not know what’s in your wallet.
didn't impact me personally. if it did the account is insured ¯\_(ツ)_/¯
when are our cheques coming?
major difference homie. the dollar is used worldwide, worth more than gold, and loved by legitimate and illegitimate businesses alike; crypto otoh is used mostly by and loved by illegal actors mostly for purchases on the dark internet or dnm.
if you just stayed there and waited patiently thats fine. but if you raised your voice even once, that is abuse.
exactly! no hocus pocus wild guessing here, this is a respectable community
its like they forgot or are too young to remember 08. too big to fail is real.
nice. they were always a bit too big for me to like the thought of them handling my money i think, and the fact that they consult with you in an office to open an account. differences like that make me wonder why
my bad 😂 just agreeing haha
it takes 24 hours for processing to clear, they charge fees for maintaining accounts with them, they arbitrarily lock my accounts if they don’t like what i’m doing with my money, they make my accounts “dormant” and unusable if i don’t touch them within 365 days. crypto is the future. my own wallet i control, instant transfers internationally with virtually zero fees or barriers, no maintenance fees or charges, not beholden to a bureaucracy.
you have no real comeback? figures.
issues happen with everything. like for example his issue was probably localized to the area he was in and had something to do with the servers. if there was a worldwide issue then everyone and their mother would know. everything is electronic so if it goes down you have to wait. same shit with the exchanges. i guarantee that this dude will be the first to bitch when something goes wrong with binance or coinbase.
the largest owners are berkshire hathaway, blackrock and vanguard - famously all chinese companies.
are you really saying “fuck the coin” with next to nothing fees and lightning fast transactions because of ? got some bigger problems to deal with my friend lol
good point, and i totally agree. i posted my response to this post because i do not give it much credibility, until more info is given. gme, and these days, they all hate each other. superstonk is the new subreddit, but the hate is still there. crypto is seen as spam as nothing more. a pity, if i must say!
bank 🏦run🏃‍♂️ incoming? its gonna be fun. just like 08. limited cash outs. no money in the vaults. just wandering 🤔
nooooo you can’t go outside we’re literally in the middle of a panorama!1!1
sad but true. the whole purpose of crypto is to hedge against fiat and government authoritarianism.
is that smug feeling of being better than everyone in the world what draws you to believe crack pot youtubers instead of respected doctors and scientists?
they're called the fed, and there is currently a liquidity crisis in the us. check out the reverse repos going on right now, about to set new records.
can you e-transfer it?
ahahah yeah is there any inflation? like is a stick of weed still ? also the “authorities” love to ridicule crypto for illegal activities yet cash...
i live in a population of 1.2 million in a small county and a town of 120k population. we have single family homes in a development that is 5 years old. we do not have phone lines for dsl, no cable and no gas lines. we only have electricity and garbage service. power lines are buried in our neighborhood but outside the development they are above ground. obama gave . inner cities were upgraded with fiber at the cost of the consumer. so where the hell is the internet service for most of america? crypto will never win without access.
older phones show 3g.
when the water is rising and stays there for 45 days. 2019 iowa flooded and i got to watch it slowly recede from my house.
i'm talking in an enviorment such as the 2019 missouri river flood when entire infrastructure points were not usable. i survived that shit show. and guess what if the power plant up the road went down suddenly merchant's are no longer able to accept anything other than paper currency.
you can’t take your money out. chaos ensues. like gas or toilet paper. that’s the point.
you cannot crash btc
i got 3 1”, and it ain’t floppy.
ohhhhhhh like a rock
or you can use microsoft (lower case “m”) and slot it into your brain.
just burn money, record it, sell it for 10x the value, rinse, repeat.
i finally understand cryptocurrency. you just scan your cash and then throw the cash in the trash. aka digital currency
need to call your nearest fed treasury
this is why i always flip through books when i visit people's homes.
nowadays burglars are so uneducated they don’t even know what books are, so you‘re screwed.
bible is what i've been using for years, especially the catholic bible in new england.
do you mind me asking what in the agreement you’re talking about? i’m just curious.
> maybe they are needing to make a purchase to handle an emergency situation. that's what my credit card is for. i pay zero interest on the purchase if i pay it off by the due date, which it always is. then, i get free points to use on amazon. > sometimes banks mess up and freeze amounts without merit. i've had a bank account for over 25 years and never had a freeze on my account. have you?
couldn't agree more. i work in a bank. it happens maybe 5-10 times a year. typically it lasts for 15 minutes to an hour. server maintenance. op needs to stop being a baby
it probably should not be on the news. but can you imagine the shit storm that would ensue if the btc network went down for an hour? yet a major down time such as the one op has brought to light gets nothing. it's that inbalance that prompts people to get angry i think. the slightest missstep in crypto is the apocalypse, but major downtime in traditional banking is just par for the course.
called the good ol' run on the banks and usually occurs around a financial crisis where people are worried about the security of their cask. (for anyone interested)
i’m not sure what everyone is carrying on about? banks have tech problems all the time, it’s a mild inconvenience. why would it be in the news?
so fuck informing the public because everyone might take out **less than **?
let me guess, you consider yourself a liberterian, right? banks mistreat their employees and depositors so often right now and people stay with that bank or at most switch to a lesser of two evils bank. i’m a believer in crypto, but it’s not going to be offsetting banks as we know them today. not in our lifetime or anywhere close to it.
that's super not accurate.
now thats not very nice of them, is it?
not everyone here is stupid, do not make up shit.
the standard protected amount here in the us us 250,000 - 500,000 usd insured by the fdic. if you have more than that you should probably be stowing in many places.
so, we can say a ponzi scheme?
hoard paper money in plastic bags. it might still catch on fire, but not like gasoline.
oh shit, maybe my listing agent was not kidding after all when she predicted another real estate bubble burst and how i should wait a bit again.
you mean you are not already wearing your mad max outfit?
i was busy jerking it
if that works out for you and you're able to purchase bitcoins, i would strongly consider getting internet connection. it extends the life of your spark plugs.
i call shotgun on trademarking kuntcoin
are you talking about usd again
it's because the fed interest rates are zero when the fed raises the rates the cd rates will will go up. they do not need money from depositers since they been getting it from the government for 0%. they've been doing this for last 10 years that is why they do not care but they will when the fed raises the rate.
that's the thing, they do not give a fuck if you or i want to open a cd. they're not here for our purposes. now, if some multimillion corporation wants to open a cd, those rates get adjusted real quick like. cds are a product a bank offers so they can deposit funds with the fed and offer loans on it. the big banks do not need that cuz they are drowning in loan availabile funds already, so they do not need to offer good cd rates. it's just be more work with no benefits.
you guys are lucky you do not get negative interest yet. ^()
problem is stable coins aren’t fdic insured. that’s why. savings accounts are
same here, been looking into it a lot recently. looks like the only reason people arent doing it is because they dont know they can or they think its too good to be true, but actually automated market makers make way more sense than having real people act as market makers who always take a cut
what stablecoins have 7% apy?
you realize that staking stablecoins is literally just an unsecured loan?
i went with my credit union because it had no fees. then last year they started charging a .
right? i prefer my -20% crypto rate
they aren’t necessarily safer, but with a bank you are a customer, with a credit union you are a member. there is a place for both, but generally a credit union will have better rates because they aren’t driven to make a profit.
rice & chicken my man
hey! do you have a vault? i went to tip you some moons but i cannot find your moon icon next to your name. so maybe you have not activated your vault yet! it's simple but i think it has to be done on the reddit app. when you do, let me know and i'll send some coins over :) also think about getting on the r.
dude, been there. it’s the most predatory shit, part of the reason i got into crypto was to rely less on banks
small correction, credit unions are not non-profit, they are not-for-profit. credit unions still make a lot of money, mainly off of interested paid on loans. i believe they have to make something like +10% profit to be an accredited cu. but yeah, you’re right. cus tend to be much more member focused and have better rates.
are the interest yields higher?
why does that matter though? what benefit is there to you?
why do you care if they are non-profit? that just means they agree to spend at least a certain amount of their profits on some social cause. they get tax breaks in return. it has nothing much to do with how they operate... and it is sort of a bullshit thing since the people running it still decide their own salaries, so... it's a game.
i always hear this but i've never been charged such bullshit charges as i was with a credit union. like . i have chase now and am much happier. i do not get charged for a single thing. not even the account.
i know that if i switch banks my credit goes down but i feel chase will really bring my credit down...i’m also thinking of getting my second home. so maybe a transfer rn is not the best idea for me. but i am an idiot when it comes to all this lol
wow. well next time please do an oopsie into my account! thanks in advance.
there are only a few large banks that run their own payment processing networks for card transactions. everyone else piggybacks on them. this might be related to that, if a major bank is having issues many smaller banks will have problems.
it's way more likely than you'd think. banking ledger systems are only handled by a few 3rd party companies because of how complex and compliant they need to be for auditing purposes.
what do you mean, this sub is one big circlejerk even when the charts are skyhigh.
are you getting enough crayon?
i would edit this to say *”small”* credit unions. i’m in ca and golden1 is a very popular and thus large credit union. they may as well be a typical bank as far as i’m concerned.
credit unions... 100% -
yeah, it really feels like we're about to get fucked from every angle. 2008 collapse level. which i guess is fitting because we never really dealt with the issues from 2008 and just kicked the can down the road with this quantitative easing bullshit.
explain that like i'm 55?
what happened to your arm!?
people love pokemon too and its valued the world over. how long can the love last 100 - 150 years? trump almost couped the legislative on 6 jan. if he had been successful we would have gone the way of venezuela very quickly and our beloved currency would hyperinflate just like venezuela. people dont realize how much trump acts like chavez
even once. hahaha if i waited patiently i would have not been given my money. your definition of abuse is extremely loose.
this is what i meant. the point was not about cash... i needed to buy something from an old lady that only trusted cash but was not able to because the banks suck ass.
they charge fees for maintaining *accounts with under 10k in* them ftfy
so honestly i’ve been on the sidelines for a long time and just been using coinbase app off and on for like 3 years. the .99 transaction fee is dumb and i am dumb. what are the most reputable, convenient exchanges that people use these days? are there any that support automated scheduled buys for dcaing? that is the one thing i like about cb on mobile. also i remember reading about mt gox and some other sketchy exchanges so it’s just always been cb for me.
yea sir. this is the way. plus banks narc on people for silly shit like “this guy was in dc when shit down” “this guy withdrew too much money so he must be a criminal” or “this guy deposited too much, must be a drug dealer” fuck those guys
can't tell if your being sarcastic or serious. no they are not chinese owned. it may be that a lot of the shareholders of these companies are chinese. but the organisations are not chinese...
i mean wasn’t there stuff with the sec and ripple? like i severely thislike the 20 coin minimum, but that is what worries me.
at the risk of sticking my neck out, i’m in gme but ideally the end goal is to use that money to buy more crypto. i manage to co-exist in both communities but both are extremely focussed on their goals, nothing wrong with that. i’m trying to look at the bigger picture and treating my investments as such.
dunning kruger effect in action is the best explanation for them i think
learn about secret societies and the nwo agenda set in place by the cia bushes. if you cannot see that their is a globalist agenda on the horizon you are just blind and cannot see.
i was buying from an old lady that only wanted cash. so no. i wanted to. for context, she called the pandemic, "the corvid." yes, with an "r" and a "the."
i see what you’re saying but the current financial system also needs internet to use unless you are paid in and only spend cash. sending and receiving crypto itself doesn’t really require you to have much of an internet connection either. you can actually receive it without a connection but to send it you’d just need a bit of signal to push that out to the blockchain.
yeah, i’ve never actually seen a 5g symbol on my phone because it’s only lte. it either says lte or 5ge (which is lte+). also sometimes it just says 4g which i completely forgot is 3g (hspa+) and deceptive marketing by att. so i guess i’ve seen it but haven’t actually seen the 3g symbol since att pushed that out
but the internet and bitcoin were still working
if elon farts... there goes the hole operation. and i left out the "w" on purpose. bam!!!
mine's 5 1", extra floppy
do you smell what his floppy is cookin’?
yeah cause that is totally normal and people for sure dont think you are crazy
what do you think books are for them
i dont have one
yes. during a weekend trip to the adjacent state. during the weekend. called them and they said nothing they could do until monday. asked them why they froze it. said out of state. told them that they are to remove that stupid feature. still had to beg for fucking gas money.
i was blocked from withdrawing my earnings from nicehash for a few days... and you don’t see a thread for that with 11k upvotes...
in the past crypto has been heavily scrutinized about any downtime, so i can understand an argument about some double standard of us not giving the same critical attention to our current banking system.
yeah and literally no bank survives an actual bank run - because of fractional reserves. if everyone (well a large chunk) of customers turn up and want their money out, that bank is up shit creek. this is why they never broadcast issues, to always avoid runs. most bank runs happen once a bank is toast anyway, and the run is just the final 6 nails in their coffin.
i do not know what op was expecting either, if their system is down they are not just going to hand out money and say, "oops, our bad have free money." op is upset that he had to yell at someone who was not at fault before they cared enough about his problem? i'm sure they would been yelled at by people all day. i worked at a department store as a manager for a while. our computer system crashed company wide and i was screamed at by every customer as soon as it happened because they could not shop and what was i going to do about it. i had a line of people who all needed to scream the same crap at me, instead of let me do my job.
no, i am not sure if i am libertarian. but if the bank provide crypto services. then i would still use them. their customer deposit money is moving to crypto regardless. the business model is broken. so the bank would loose pool money that they can loan it to company. the crypto bank will be the one who will survive. this is just an opinion.
but of late crypto exchanges are no better than banks. the fees are high and they are highly influenced buy million and billionaires who are now using crypto exchanges to fund their next big project or good idea like for example nfts. and now that the average joe is thiscovering crypto, what happens ... free flow fall in prices that could potentially wipe folk out ... they can try to blame it on who they want but this is really a war against the poor(ie. 1 and 2 per centers against the rest of the world). they say f$& everybody else. this latest crash on exchanges and banking systems is them letting folk know who is in charge. in other words putting folk in check🤔and on notice.
yeah that guys wrong
they are not deposit takers, they do not lend money. (at law) deposit is called a "deposit", but it is a loan to the bank. banks borrow from the public. the lending part is also funny, they (at law) are purchasing securities. it's pretty genius.
dude, instead of writing this, just check online or read your bank account documents. this legal definition is not very important and you mostly likely will never need to know it, but it does help to know why a bank can refuse to give you money or limit your atm withdrawals, or in our case here, tell you "i am not allowing you to send your money from your own account to this crypto exchange", which happen to me once per bank until i found a bank that allows crypto. check my other comment with more precise legal wording on the deposit.
yeah tbh it’s not a ponzi scheme at all. the main characteristic of a ponzi scheme is that new money is used to pay off old investors without the intention of ever recouping money to pay off all investors. the banking system instead is way to allow for capital formation through investments and loans. the modern economy is built on this principle and it as a net positive for anyone in society. mortgages, car loans, really anything bought on credit is financed this way. critically the banking system realizes that people don’t want or need all of their money at one time. so it basically matches creditors with people looking for a loan while socializing this risk. this allows not only for people to get access to loans but also for people storing their money to get a small return on their deposits. tldr. ponzi scheme=no money for anyone. banking system=more money for everyone.
lol, bitcoin is the largest ponzi scheme ever, and you are calling banks one? i am for crypto currency, i mined and believed in it, but what it is today it cannot be denied. whenever there is big money, there is a scheme. call it what you want.
as someone living in the san francisco bay area, yeah the real estate bubble will burst soon. everyone who’s looking at housing prices here is expecting it. it’s absolutely insane. my father in law’s house doubled in value the past few years, i’m not exaggerating. i don’t know if it will be as bad as the last one, but at least here locally it will burst soon.
only in bed. my wife has a weird apocalypse leather skulls fetish and i want to keep her happy
i was also busy jerking it to respond, but i have a 5 minute window. the answer to your previous question, no
if that ends up working then electricity is also extremely helpful.
i have an internet connection but where do i use it?
you wouldn't need to worry about the life of your spark plugs if we could actually reach you about your car's extended warranty!
there is also cheesecoin down there
isn't the usd coin insured?
it’s also not insured
lots have 10% . download celsius app and stake dai
all of them pretty much. most of them you can lend out on nexo, celcius, blockfi, cdc, cb, etc. for 7-20%
i think you mean \*lending\* stablecoins. there's no proof of stake for any stablecoins.
yes. but i'm willing to take that risk due to the 500x-700x more interest. i never make more than 30 days period, and divide it for smaller chunks in different times and coins.
depends on what platform you use. loans on defi platforms are all secured. it's not the same as being fdic insured, but the platform can liquidate the collateral of the borrower in order to pay you back. i would never even consider loaning on binance or any other centralized platform, as that is completely counter to the point of cryptocurrency. in contrast, i am happy to put my dai in a smart contract with well-defined rules about how much risk i'm taking on.
that’s brutal. the interest rate on mine was negligible and they added in an insurance policy in case of death. so it cost more to keep funds in it.
i mean i know you're joking, but you could legit skate dai for at least 2% apr with pretty much zero risk. i really do not know why more traditional finance people do not at least do this.
breakfast, lunch, and supper of champions, one time a day.
this was my diet meal of choice. spices work wonders. blackened seasoning and lemon pepper were my saviors at one point in my life.
absolutely. me too. its absolutely thisgusting and as op said, i believe, its fucking criminal.
generally, yes. plus you tend to get better apr on car and home loans with them.
really really high interest rates on your money. my local cu gives 3% flat and another 4% on the first ten grand. my keybank savings gives me 0.1%. i’m switching very soon.
as a member in a cu you are a partial owner alongside all the other members. so it is run along the interests of the members instead of shareholders and a board of directors.
profits go back into the business instead of to the top execs. there are no traditional shareholders because anyone with an account is a shareholder.
not really. you get a say by voting who is going to run it. it's more like being a shareholder and helping guide the direction. downside is if you do have money they dont care and treat you the same.
that’s not what non profits are... they just don’t pay profits to an owner, any profits are reinvested into the company etc. that include salaries though so plenty of people can make money working at a non profit.
profits go to higher interest rates on investments and lower interest rates for members that borrow. most credit unions have annual reports and member voting that is leagues beyond what any corporate bank has. it is pretty hard to be as aggressively wrong as this, dude.
all depends on the person. a lot of people get charged with bullshit fees from the big banks because they do not have enough money in the account, overdraft their account, or do not have a "fee waiving" requirement like minimum balance, number of transactions, or direct deposit. most cus would not have those, but some definitely do and have poorer customer service too.
depends on the cu. like any business, some might suck. sounds like yours sucked.
wait what? i’ve never heard of switching banks lowering your credit…in fact i switched banks last year and nothing happened.
america's credit system is such a dystopian nightmare. i do not know of any country in the world besides the us that does it.
for sure man! i got you lol
at least its fun then
there are no sources to give. it happened though, man. unless i had a body cam then there would have to be media coverage. just telling my story.
remember when everybody was like "if we reach 10 trillion in national debt the banks will collapse!" and now we're at like, almost 30 trillion?
instant deposits vs deposits that take two days to clear. the second one keeps the first one from working properly in certain circumstances
i agree. something happened in the treasury markets that scared the hell out of me with trump... simultaneously as we were buying , interest rates were rising (that never happened under obama). this is known as qe or quantitative easing which typically results in higher internal debt and fed balance sheet expansion but usually lowers the overall interest on the debt. now a rise in rates from .5 to 1.7 does not sound like much unless you consider that is on ? i think the actual weight adjusted average is around 4% on the average dollar we borrow. good thing we can buy our own debt, sell it, spend it, and engage in all sorts of funny money tricks!!! lmao
don't shout at people who cant fix the problem. you got your money simply because you were there long enough to wait for the computers to come back online.
at least only shout at the higher ranked managers, not the poor teller making minimum wage. i do not usually raise hell with workers... i work in restaurants and i see how our servers are treated and i will never do that. managers however, they have the power to do everything especially when they say they cannot
people like him are why i’m on multiple meds just to get through my fucking day at work.
i use coinbase pro most of the time but try to use dexs whenever able. keep all money off exchanges and on non-custodial wallets unless you need to move crypto onto an exchange to trade.
banks do all of that because they are one of the heaviest regulated industries out there. the fed and the .gov force banks to act “to protect the people”
seriously. it’s all part of the apparatuses of control and technologies like crypto, thistributed networks, and open source encryption are thismantling these systems. we’re seeing reprisals too: eu is trying to block encryption technology or mandate custodial encryption with back door access; us is gearing up to go after crypto just as countries like china has; the entire silicon valley cabal (vis-a-vis the us govt.-letter-agencies) is trying to stamp out thistributed, decentralized networking.
it was serious sarcasm, but good lookin’ out 🙏
yes of course. there are speculations it’s just the government getting their hands in the cookie jar before it gains traction. the latest hearing especially (among others) is very much in xrps favor more fud my friend. xrp is likely going places. partnered with bank of america (i know the irony and it sucks but that’s not the point) partnered with microsoft. 2 very powerful people partnered with ripple, and continue to hold the bond, likely knowing the sec has nothing against ripple.
i can get cash. having a stack of cash on hand for a rainy day is a great option crypto does not offer. also, tech companies are not regulated and the censorship to their corporate mob tactics are not something i want to depend upon. what happens when they take it a step further with their ways? i do not trust any tech. not to mention all the middlemen involved in crypto. i can use cash if i need it. i do not want my credit or service denied for wrong think. just my two cents. i love the concept but we need a new internet and alternative physical option.
not anywhere close to my hometown.
tell me you put it in the a:
i got a zip thisk with your name on it...
you're not using 7 3"? pssshh good luck with that less than average
i heard you kids like ‘em extra floppy
my commodore 64’s cartridge slot is amazingly efficient with fiat currency deposits. must be it’s integrated circuit design. still handles cod fairly well. not upgrading anytime soon. moral of the my story. i can hodl anything
worked in a few fraud departments for a national bank, that is standard fraud prevention. still sounds bs they said they could not so anything on the weekends? bank i worked at just needs you to confirm your purchases and you're on your way, they even have an automated system that you go through real quick.
> asked them why they froze it. said out of state this is not "without merit". that's standard banking procedure in almost banks when it comes to your debit card. if you do 100% of your transactions in one state then suddenly they see hundreds of dollars being spent on a hotel in another state they are going to think your card was stolen. this is why i always travel with a minimum of 3x credit cards (one for each major carrier) and at least a few hundred in cash. in addition, since my credit union participates in the shared branching network i can access my bank account and withdraw cash from thousands of different credit unions across the country.
well, you see, nicehash maybe installed malware on your machine while wait a second, this is not helpful to defend crypto, never mind.
nothing like seeing those big banks running deeper than 50:1 and thinking, yeah this is ok.
george bailey's bank survived the run, and with only 2 dollars left, no thanks to mr. potter.
just gonna [quietly slip this in here]( which is what happened in march 2020 when the pandemic had our attention.
at zero interest rates, banks aren’t really run on deposits anymore, but instead by bond issuance. a run on the bank would probably improve their profitability.
but it’s not even a tiny hiccup in fiat currency as a concept, or say our current financial system etc though... ffs it’s a minor tech, and they happen all the time. the fact that this minor inconvenience for a few people (including the angry karen op) is being blown up into an event of note (crazed on confirmation bias), is proof of how sheltered, clueless and frankly totally mental people on this sub can be. i mean listen to yourselves you bloody fruit loops. i am truly amazed eh. a run on the banks…
that kind of ignorance amazes me.
op just acted like a spoiled little brat. did he really think the cashier, or whoever the fuck, just did not want to give him his money? what an asshole.
they’ll all adopt crypto at some point or another. once the first big bank goes all in the others will quickly follow. the few, if any, that do not won’t just evaporate, rather their assets and accounts will be bought up by the early adopters. so one way or another every bank will provide crypto. hell, the fed, if you read between the lines, is going to make a digital coin to act as a “stable coin” and digital sister to the paper notes. lots of privacy issues with it though, given the government could in theory track every digital dollar and how it was spent. also the option to limit what a digital dollar can or can not purchase is an interesting and very complex problem in terms of privacy and constitutional rights.
the ginny has been open, it can’t be closed. bitcoin. therefore it can’t be killed as long as there is free speech. people will choose what ever best for them given the option. there are more options now ever then before. the superior option will always be the winner. they can make a digital dollar. but what is the advantage for us. innovation and technology is always winners.
this is mostly gibberish and still not an accurate representation of how a bank works. did you read a tiny bit about assests vs. liabilities and then decide that the terminology they use actually means the bank does not "take deposits" and the fact that your money is both yours and insured by the government if something goes horribly wrong just ... does not matter?
it's now a reverse ponzi scheme, you pay negative interest for them to loan pit your money. having a bank account is worse than digging down your cash
thing is, the principle of credits which all banks rely on right now is that you make money out of nowhere in the long run. so government is left to print more bills or someone will get poorer. capital has to go from somewhere, you cannot just make interest from nothing.
a small return on there deposits. that's funny small is an overstatement.
you're worse than any fkn shill i've ever seen you work for the privately owned federal reserve bank...the one that enslaves mankind? you're a pos
what about islamic banks? 0% interest on your mortgage
>yeah tbh it’s not makes no sense. is this how y'all speak in person? lol
nah, watch some michael saylor to educate yourself on what bitcoin is. no scheme, but monetary energy, scarce, democratic, decentralized, in short: elegant and for freeing people from corrupt systems in a monetary way. you'll get that one day. at the latest, when everyone just has it. it's unstoppable. just watch.
lmfao 🤣 god you are dumb. people who keep there money in banks deserve to lose their money cuz they’re so dumb. hahahahahaha
hopefully he sold it because doubling in value in the housing market is good.
finally you could consider getting a reddit account and sharing your wisdom with us.
hands and eyes also a plus
it actually helps to be be born first. i mean, you can still operate, but it really helps to exist first.
plug it into the back of your vhs
do you think that the dollar will crash, and burn before a stable coin?
fdic insurance is the pillar of trust in us banking, i’m 10000% more confident in the ability of the government to provide the insurance than for a stable coin to last the proof of time
well that is why people do not transfer their available money to stable coins.
noob question: how long does staking last for dai? i stake eth and i gotta wait until 2.0. is dai different?
apps like voyager have “staking” options for usdc where you just hold it and it generates interest. in reality they’re just using it as a loan.
“0 risk” hahaha okay bro, that doesn’t work when the base asset loses value
% is . you have to have 100k+ to make this worthwhile. someone with 100k to piss into crypto stable coins is not exactly what represents the general population.
what cu is this? "another 4%" makes it sound like you're getting 7% on the first . 4% is even hard to believe unless it is a rewards checking account with other requirements.
is there more risk involved with being a partial owner?
research it. i'm right. i work for one.
like i said i’m an idiot when it comes to these things but i would imagine your credit would drop as your starting a new account with a new bank. chase has dropped my credit for me starting a new checking account with them
i'm just wondering if this is confused with b of a's participation in freezing the accounts of unemployment beneficiaries in california? because that is. this week a judge ordered b of a to unfreeze the funds.
ok... i can see the mechanism, though still a little unclear on what these instruments are, where they are, etc. basically, who do i stick the pointy end of my pitchfork into?
lol... lets try stop a presidential election by rioting ... lols arent we just the biggest rascals el oh el
dude. managers of your local branch cannot suddely fix a worldwide computer system crash... don't shout at them. hey, how about never shout at anyone? there is no reason to ever shout at someone just trying to work a job regardless of how high they rank in the slave wage heirachy. (and i realise you are not op)
you weren't there dudes.
okay that makes sense, thanks for clarifying!
only place it fits
i’m on that micro-sd shit. we aren’t all blessed
its gonna turn out is the first thing they check
i've interacted several times with citi's fraud department (extra bad luck with my citi card info being stolen, for some reason) and they do require you to thiscuss it with real people, though they have always been a available when i needed them.
it was not "hundreds of dollars" it was like 5 for a pack of smokes. i could understand if it was two or three states over, but not like a three hour drive away that is ridiculous.
credit unions are the way!
i think of this scene every single time something like this comes up in modern-day.
holy shit 0%? ... what could go wrong. that's how you spell desperate as fuk.
wow, i just showed my wife and she is the one that keeps up with all the politics, and she never heard a thing even on alternative news. that's scary. what could go wrong. plus even if it was for an emergency, when do they change things back... never
ha took me a moment to realise what you were referring to
no it’s a massive media coverup to prevent a run on the banks and destroy crypto!!! op didn’t get his banking done at a convenient time god damn it! i don’t know why i continue to be surprised by the utter mind-numbing insanity.
it should be covered by any finance 101 course, i bet there are free ones. i cannot spell it any better or phrase it better, since it is taken from the words of my professor and paraphrased a bit to be shorter.
there are a lot of "someone's" getting poorer. i think 99%
actually printing money and money creation through the banking system are two different things. printing money is basically what it sounds like. the fed cranks up the printers and starts printing away. mony creation through the backing system is just having multiple people use the same money based upon the demand for goods and services and to match the demand for currency as a unit of exchange. these principles make it very difficult for the backing system to cause high inflation (the main drawback to an increase in the money supply).
you dropped this. *hands you your tinfoil hat*
i don’t work for the fed a just like to be informed. also lol.
oh i get it this dude is just some butthurt nerd that hates life so constantly talks shit to people on reddit. damn your life must be bad buddy, i feel sorry for you. i hope your life gets better my guy, whatever it is that is causing you to act this way i hope it gets better man. stay positive your life would not always be this shitty.
how do you think islamic banks work?
i've been following bitcoin since around 2012, i have used bitcoin as a currency to make payments on trading forums, to pay friends abroad, and to buy shit. i have used bitcoin as a currency, i joined bitcoin for the technology and have followed crypto based on it. nowadays, bitcoin is in all practical terms, a ponzi. it started in 2016~2017 when instead of having instant tansactions for a couple of satoshis, or completely free if you could wait a few hours, to costing the equivalent of multiple usd per transaction. this alone should have killed any practical use of bitcoin, as it is no longer suitable for use as a currency. back during the first rise (caused by gox of all things, is not this a bit of a deja-vu w& tether?), many companies announced bitcoin support. this based around the idea that it will stabilize, scale, and be relatively affordable. none of those things happened. and yet, historical average price has only gone up since then... why? bitcoin is a dead-end, both in the tech side and the ideological side. the only reason it is only "practically" a ponzi is because there is re-investment from miners into network capacity. but what does that mean? the only ones who win in that scenario are bitmain and power utilities. as for the price, it is literally fueled solely by fomo, so the only ones to add to the list of winners are those with market manipulation power.
no thanks. i have been in this a long time, and it passes every test at this point. exactly what is the asset? are people in early better off? is there consolidation? is there scarcity? what holds the belief that there is value up? scarcity should be the first flag that it isnt a currency. the opensource aspect changes nothing. hundreds of banks are offering it now does that tell you something? of course i am using scheme loosely. and satoshi tried to plan against it ever being one. the is no one in charge, so it doesnt look quite the same as a traditional one.
those ideals are great, but bitcoin will be regulated and rehypothecated into just another financial derivative offered on wall street. the limited supply doesn’t matter when everybody is going to be holding an etf instead of coins. the government already serves as gatekeeper with kyc, companies with advanced ai track and trace everything that happens on chain, and coins can be blacklisted. price will continue to go up, but that will only further centralize bitcoin into the hands of large institutions. retail will not be able to afford an on chain transaction at that point and will only be using custodial services. second layer solutions will have largely been abandoned because no one really cares about using bitcoin as money and the current layer 2 options are a technical dead end. there will probably only be 25 full nodes running around the world. continue to hodl. price will go up. i haven’t sold anything, but if these issues don’t haunt you, then you got your head in the sand.
people who keep their money in banks generally do not lose any money. maybe i missed something.
ideally a myspace account
can i hope it does crash before stable coins? is that an available answer?
we do not think that is possible at this time.
as long as you want. it’s not staking, it’s lending so you can be done whenever you decide.
yeah can withdraw whenever but just takes 24 hrs
i believe he meant "stake" dai
dai is a stablecoin intended to track the usd without a centralized back holding dollars for a redemption program. it held the peg through 2017 and also through this crash as well. its probably one of the oldest still-remaining defi applications out there. theres risks, but its not like holding btc.
how have you been on this sub so long and have no idea how dai works?
i live in a really small county i don’t want to doxx myself.
credit is based on actual credit — as in, credit cards and line of credit. this does not include debit cards or bank accounts. your credit score is comprised of a number of factors including how old your credit is, how many credit cards you have, what percentage of credit you use on a regular basis, and how often you make your payments on time. applying for a new credit card can (in some cases) temporarily lower your credit score. but opening a bank account has nothing to do with your credit score.
your credit score is not affected by where your checking account is located. you could move it every day and it would not affect your credit score.
i deserve these downvotes. i can imagine all the facepalms ive given today lmao
i agree. just saying what i was told. watched people getting pissed.
nope. i'm not in cali.
you’re in a crypto thread trying to make it political and suggesting the us was almost a dictatorship. yes lol
no but i can read you pos. here's the highlights from your previous comments: they did not let me until i informed every person that walked in the door that they cannot get their money. **i was being a customer service nightmare about it** but sometimes open mouths get fed. that was a weird experience. but i was buying a puppy so they better gimme my damn puppy cash. gamestop and funko stock bought me that dog, not that fuckin shitty bank.they can say what they want... i just gotta buy this damn puppy and **i'm gunna be a dick until i get my puppy cash.** i do not need a million dollars. nucking futz, man.**i'm just gunna smash my buttcheeks against their window and blow raspberries until i get what's mine.that's why i went full fuckin karen on that place** until i got my cash. i had a puppy to buy, homie.**i was like a cruise missile attack karen today. targeted and purposeful but inthiscriminate in my destruction until my objective was complete.**might be true but i got my money (if we're playing the caps game). **i would not have if i did not cause a stink.** there was no abuse, my guy. just a demand for my paycheck. ' not only do you suck, you're completely unaware of it. i hope your dog runs away to a person that has some common decency.
so why were you only traveling with a single card? these things happen. i had my debit card turned off because i forgot to tell them i was going to nj and they turned off my card for a . oh well, here's my credit card. i also have cash. this will happen again. why do you only travel with a single method of payment?
a credit union wouldn’t survive a bank run either though…
that's what i use
yeah i doubt it ever goes back up
oh god you litterally did what i just wrote. banks can and do loan money. your money in a bank is absolutely your money. you've taken the terminology used by banks and financial institutions waaay to seriously. it's like saying "surgeons do not actually cut out tumors, they just resect them! try my magic black salve instead!" or "doctors do not actually heal people they practice medicine and provide treatment options! try my 30 day homeopathic treatment instead for whatever you're suffering from!"
hey that was my tinfoil hat, give it back
i think if you explain things around here, they think you support it.
i just read this. and that is my assessment to. mt gox, that brings back memories, and not good ones.
i can only advice you, stop seeing bitcoin as a currency and starting asses it as an asset. as the asset. that it is not suitable for payments is crystal clear. but gold is neither and still the most valuable asset. try to separate these aspects in your valuation of bitcoin and you'll see its intrinsic value.
and yet despite the increased fees for transactions, btc went up - it had a nice huge bull run that sure seems to have started around 2016.
yeah, it is no currency. it is in nigeria, but in the big pic it is not. it's an asset. the intrinsic value is the electricity that was put in to mine it, converted into monetary energy. pure elegance. what the hell do you think is the value in fiat money. there's none and nada. it's the trust we put into it that gives it value. why would you think it is anyhow different with bitcoin? but in fiat we trust? fuck that ... i guess, there is nothing on earth that can convince you of bicoin anymore because you made your mind. but that would not stop its growth in any way. in 10 years from now, remember my name horscht0815, you will have bitcoin as well and it will be perfectly usual to you. if you want that or not. remember my name.
holy fuck you are stupid, you could answer all of those questions yourself if you actually just did some research but you're just a hater, nothing will change your mind clearly. but no one gives a shit what you think, btc and crypto will continue to flourish and you can still call it a ponzi scheme all you want but, it am not going anywhere bud :) and the first criteria of a ponzi scheme is that you payoff initial investors with new investors money. like you do realize bitcoin is decentralized, there is no one entity that controls bitcoin, there is no "investors" to be paid back any money, it literally cant be a ponzi scheme. but you have no idea what the fuck you're talking about so this will go straight over your thick skull.
people are even dumber than i thought! 😂 lol what are you 5? only a child would say that.
inflation??? lol jesus. are people usually this dumb and defensive on reddit? they have proven how dumb they are for thisliking my comments. clown sheep 🤡🐑 everywhere!!!
if the dollar crashes, then so will its stable coins.
what does stake dai mean?
how do they make the money to pay 2% interest? it has to come from somewhere. i’m assuming when crypto asserts drop in price that rate will greatly decrease
when i got a bank account i had no idea how banks worked or how credit works lol...i’m getting a bit more familiar but my mom is who actually told me about getting a bank account right when i turned 18 to get my credit growing at a young age...i regret not learning more as i should’ve probably done my own choices but she did help me bring my credit up by making me get a credit card and she uses it to pay for groceries that she gets so that my credit goes up. that’s why i’m still somewhat confused because she has my credit card 😆. when i got my first house i also had no idea what any of the papers that i signed meant but it seemed my credit was good and i was getting good money from construction. edit: and the issue with my credit going down was most likely with what you said...it was a few years ago that this happened
yea i believe it was a new credit card and not a new account that i opened so i made a mistake there...i was young when i did that as i was trying to make my own choices but still didn’t know what i was doing. if i remember correctly i had an account that was linked with my moms...so she had access to my money as well and i called the bank to see if i was able to make a new account with just my name under it...i’m not to sure how that could have affected my credit score but if i recall correctly it was because of that
they told me to shove it in a different state.
you can probably get more insight anyway by doing a little research into this recent issue where b of a froze unemployment funds and almost sparked armageddon. i personally think it has something to do with the visa card, but i am still researching that.
woohoo i got 5 thislikes. anyone else wanna be told not to buy drugs and guns on the dnm? come on yall... america cant even expand broadband well enough to allow use of a crypto... and most of you are agaisnt any govt spending to expand broadband thereby allowing expansion of crypto... think about that. lol btw your cellphone is the microchip. yw.
how is that not related to the flimsy premise that dollars are “loved” and “super duper special “? its literally one of the main reasons crypto is worth anything.
this post is getting funnier by the minute. i just said the same thing to multiple people. just wanted my paycheck. hahaha smash my buttcheeks was a good one, though.
instructions unclear. have cd drive in my a:. i'm like a crypto piggy bank now
see now we’ve flipped from it never happens to why didn’t you have 3x cards and cash like me? people will choose different solutions for their problems. if you want to use banks that’s perfectly fine, same as those who like the benefits of crypto or want to see how their experience might be better. no need to invalidate others experiences
this was when i was a teenager
lmao ok? your life would still be just as shitty as it was before.
that does not make sense nor does it change the point. ot being an asset does not mean anything. bitcoins value only comes from the fact that people have a fomo. it has nothing of value. it simply shifts money from seller to buyers.
look at what has happened to gold in the past 100 years. the same thing will happen to bitcoin if you keep the rose-colored glasses on.
exactly what i said, it is nonsensical. the only way to explain it is that it is basically a ponzi. it's probably one of the most transparent and blatant ponzi's there is right now, but it is a ponzi. while idk if bch is really an adequate solution that would've scaled sustainably, i'm fucking sure btc was the worst of the pair. if sane heads prevailed, bch should have replaced btc. but then, i believe the sole power of the "bitcoin" name kept it as the more recognizable asset that got the most trading of all. this, especially considering that due to the aforementioned fee issues, most btc just stays in exchanges.
i wasnt talking fiat. my guess is you dont know much about economics so let us just ignore it for now. there is nothing elegant about it, its rather crude. the energy is used to have proof of work to make sure the verifiers wont cheat. do you know how a blockchain works? revolutionary at the time for sure. but elegant and monetary energy? please, those are buzzwords to keep people drinking the koolaid. i would wager i have done more transactions with crypto then you ever have. bought and sold a lot of things. it's not like i do not have bitcoins and other coins, so i am not sure why you are suggesting i will have it in the future whether i like it or not. step back and look at what's going on, look at the transition to institution. look how the market can soak the little guy if they want at this point.
so if bitcoin is essentially monetary energy then fiat is monetary energy because the fed use energy to produce currency? sounds like the fed might need to make its own cryptocurrency. that would at least stop these oil hackers from getting away with upwards of 80 million each time they want payment in bitcoin which is traceable but seemingly cannot stop or at least put an update out on the network that x wallet is bad.
swearing yelling and jumping up and down isnt going to win this argument. i am not a hater. i mined bitcoin for goodness sake. i said in my reply that it is not quite a ponzi scheme, or wasnt back in the day. but its certainly heading that way. what is the end game? where does this go from here as larger wallets than yours accumulate the "wealth"? what is the asset? look i dont know why you are getting so defensive. crypto is fine, we are moving to the next phase, with smart contracts, staking, defi, nfts (people want them, i think they are nuts, but that is just a personal opinion, why judge what people like), and so on. step back look at the big picture, bitcoin is a house of cards. if you like to buy in that is your choice, anyone who wants to make money does, nothing wrong with that. but what makes it have value? people trying to make money, or people with enough money in it they cant afford to lose it.
it’s as if people don’t understand why a stable coin is stable. it’s funny, and depressing.
dai is a stable coin where 1 dai = 1 dollar. very simply put, staking is placing chosen amount of crypto into a "staking pool", where it will accumulate interest usually between 5 - 12 % per year (kinda like a crypto savings account). you should google it yourself though to really understand it.
they make the money by using your coins to provide liquidity for people to buy the coins without having to wait for another trader to sell. so we dont have to pay for a market maker to take a bid
dai is generated similar to how usd is, by debt. eth is put up as collateral, this generates dai. the dai savings accounts are funded by interest on the eth-backed dai loans.
does that really matter tho? worst case it goes down to what you're already getting from a bank, right? well, i guess worst case is actually theft or rug pull and no fdic to back you up, but i really doubt that could happen unless you yourself massively fuck up.
everybody starts somewhere. i think i got my first credit card when i was 23 and i misused it because i did not understand it. let me give you some solid advice that i wish someone gave to me: 1. credit card does not mean free money. do not use it unless you have the money to cover the bill immediately after an expense. if you rack up a big balance, you’ll end up paying close to 22% interest (which is a fuck ton, and is how many people get stuck in credit card debt forever because the interest continues to add up everyday that you do not pay off the balance) 2. i’m sure it’s fine, but be wary of allowing someone else to use your credit card, even if it’s family. i see a ton of young people posting sad stories in r. just be careful. 3. use mobile banking apps, and look at them regularly. getting into the habit of know how much money you have on a regular basis will help you track your spending and will give you a better overall view of your money. people who don’t do this often spend like crazy and have no idea that they are out of money until it’s too late. 4. i would recommend subscribing to r. i learned sooo much helpful stuff in that sub.
the teller and manager both called nearby branches where all of us could go and told us it was a worldwide problem. ask away. this post got way out of hand. haha
whatever happened was very odd. it did not feel like a computer issue. felt like they just wanted me to leave.
i am seeing your response that it seemed they just wanted you out of there, but my computer would not let me click on your comment, so i am responding here. oh, bankers can be quite the liars, as i have recently found out during the pandemic. what happened with b of a also happened with u.s. bank, and chime (now thisallowed from calling themselves "bankers" in the state of california) and neither b of a, u.s. bank, chime, or, (in my case), bbva, would give the customer legal explanations for anything! the bottom line issue was. bankers lie to us because they believe being secret and lying about what is actually happening will help them weed out fraudsters. they legally have to provide evidence to support their accusations of fraud, but they put up a massive resistance to providing evidence. upsetting and traumatic to even think about engaging in long term interaction with people like that. this happened to a ton of people and we will definitely not forget (in my case it was not unemployment, it was social security).
what is this? i never said anything about a microchip nor did i downvote you
i agree that the dollar and fiat in general is not valuable for any reason other than people trusting the corrupt institutions that create it. but to act like trump has anything to do with why the dollar is that way is ridiculous. sorry, not trying to make you mad, but 1(or any other day in the past 4 years) hasn’t changed anything about the idiocy of fiat and the us’s participation in it
honestly ya' gonna love some of the threads reddit users can create, i mean... god look at this masterpiece of poetry.
[if you do this long enough eventually everyone will have handled your satoshis.]( it's the secret to how us crypto traders assert dominance over regular traders.
i guess "having a backup plan" is too much to ask from people. what happens if you lose the one debit card you're carrying? i once left my amex behind at a restaurant and did not realize it was gone until 10 hours later. but no big deal, i also have visa, mc and cash. i even have my credit cards stored in my phone for rfid payment. > if you want to use banks that’s perfectly fine, same as those who like the benefits of crypto or want to see how their experience might be better crypto does not serve any practical, real world purpose in the first world, since traditional methods (credit, cash, check , ach, etc) are all better and 100% free, unlike crypto. also i can use cash and card at 100% of all retailers in the us. i can use crypto at maybe what? 0.01% of them? maybe?
why are you traveling alone as a teenager in a different state without even ? this is basic travel 101.
i wonder how old they are. like, if they are in their 50s and just a bitter old asshole. or if they are younger and have an entire life of failure, fear, and shame ahead of them.
please, tell me the story of gold and how it will affect the future of bitcoin. i'm serious.
i have an understanding of how blockchain in general and bitcoins's in particular work. that institutional adaption has a negative impact on bitcoin seems clear. still, in the end, will the ones which own bitcoin gain wealth. it will never again be as cheap to collect btcs as it is now.
the centalized aspect of bitcoin to me is that a lot of big companies are mining bitcoin. most of the really good gaming graphics cards and asics are being immediately bought up by these big companies. china is a major player in this aspect as asics and graphics cards are made in china. chinese companies have also maintained a good portion of the hashrate for bitcoin to still be relevant. there used to be a time when the average person could mine bitcoin but thats no longer an option. that kind of decentralization was a positive aspect of bitcoin. nowadays which is not necessarily a bad thing but i go to a crypto exchange and nearly all cryptos charts listed look exactly alike. i would think bitcoins chart would look different than say dogecoin but they look so much alike there seems to be something bigger at play with these cryptos in general. when you say bitcoin is like a ponzi coul you elaborate more on that? to me a ponzi is something that early investors are paid with money of new investors. if thats the case then thats pretty much the crypto market in most cases. people who get in on the new trend first when its 1 dollar and cash out at 74 dollars made a big bit of money. the guy who bought at 74 dollars hopefully doubles his money to but they have to wait a longer time for that to happen if it happens at all.
that doesn’t really make sense
so how does that make money when eth loses value
please explain how the fuck you would rug pull a stablecoin.
sooo you want a crypto that’s tied to the usd, but you point out all the flaws with the usd? so anything that negatively impacts dollars will negatively impact dai?
thank you for the advice m8 really appreciate it 👍🍻 i’m 23 now and feel i should start learning more about it. i’ll definitely subscribe to those pages.
this dude a bank bot? pretty sure.
i was kidding brotha
i said if he had been successful
trump caused inflation in two major ways: 1) increased dairy prices by conservatively 10-15% bc of his failed trade war 2) bullying a professional institution into lowering interest rates in a steady but strong economy
please be reminded of rule 9: use suitable titles and flairs
someone bought some doge i think...
getting that rug ready again...
elon has been hyping doge for a while now
blue horseshoe loves anicott steel.
quick question, how is dogecoin the best medium of exchange when nano exists which has zero fees and instant settlement and isn’t mostly held (centralized) in a few handful of individuals wallets
at least hodler will have space to breath noe
in other news: r’s dick then complain that this sub is full of elon’s tweets
the doge loves a fomo tweet
i'm not a fan of either cuban or musk but we should actually take a moment and think about what they are actually saying instead of knee jerking hating because musk + cuban + dogecoin = hot garbage. almost every crypto out there is a store of value asset. even the ones that are designed to be a currency are not being used as a currency. people hold these assets because they expect them to appreciate in value. a medium of exchange coin is something that can easily be exchanged for fiat and is widely accepted by merchants. because dogecoin is basically bitcoin source code, it has a ton of development and acceptance basically built in. they are basically saying dogecoin is not an investment its a currency. maybe there are objectively "better" currencies but i cannot really think of anything that has anywhere near the adoption of dogecoin. xrp, nano, sure they are great and have low fees but no one actually uses them as a currency. maybe instead of instantly hating dogecoin we should be excited about any adoption of any crypto? maybe we should be less concerned about gatekeeping crypto and more concerned about actually seeing some adoption?
as long as i am making a dollar on it, they can keep at it...
posts like this remind me how mental and clueless the crypto community is.
you know you guys can just buy some and you won’t have to seethe over it constantly lol
just another day for you and me in parathise
for the record, the clients of cuban's businesses are choosing doge, which accept any crypto. this is based off statistical data, of what people choose to pay with. because it is inflationary, it actually encourages people to spend it as a currency, rather than save it as a store of value. it may not be the best designed cryptocurrency for this application either, sure, but people are certainly using it that way.
vitalik supports dogecoin too. let me guess, vitalik is cool right...
fucking elon don’t trust that shady guy one bit
thisregarding this being about doge, i do not understand how any coin that has a so volatile value can be the best medium of exchange. i'd rather use a stable coin, such as usdc, or even better ousd (the last one is a smart stable, it increases automatically in your wallet through a series of strategies in the background). i mean, i wouldn't want to use a coin that can change its value drastically in half a day as a medium of exchange, i'd rather be sure it is one that has always the same value, and if it gives me some benefits even better.
ok but just hear me out, if f btc is gold and we never use that in transactions, and eth is silver and we never use that in transactions, then something else would need to be the best medium of exchange, no?
it's because doge is rather inflationary for now and it is one of the closest being a fiat in that terms; whilst being a cryptocurrency (edit) w.
in other words they lick each other's ass
doge is fun coin not to be taken seriously and if someone can make few bucks in profit why not this simple really.
up 2,500% on doge
don’t hate the player hate the game.
jeez these people have no shame.
pretty much. i'd also like to add that any billionaire promoting a meme coin, is not doing it in the best interest of retail investors.
the most toxic man in crypto
there be some salty hypocrites in these comments. don't lie and do not bullshit. if they endorsed cardano instead, then the attitude in this thread would be a full 180 degrees in the opposite direction.
these guys should stick to what they are good at and stop being very obvious about what coin they own a shitload of
doge has a solid brand going now. i can’t stomach it, personally, but this project will get picked up and tinkered with until it makes some good returns by these elite investors. probably a good time to pick some up and sit on it.
moon farming at it is best folks
we're all friends here.
hahahaha people are so mad that doge is actually doing good at what it’s trying to do. stop gatekeeping, mass-adoption is a good thing for all of us. this starts being as ridiculous as late 2000‘ where people fought console wars. cmon guys.
honestly quit bitching about these billionaires promoting doge. they’re just making us us money. i’ve made a grand. it ain’t much but thanks to them here we are. pay attention. you might make or learn something.
i believe in them
i like the last part you wrote. agree.
also glad to see elon still living rent free in y'all's heads 😂😂😭😭
all the other coins and tokens have lost. layman people only know about btc, eth, and doge. your “cool project with great fundamentals” is never going to be able to compete with the free marketing that btc, eth, and doge have.
show me on the doll were the doge touched you. this sub is so salty.
doge isn’t going anywhere no matter how many negative comments i read on this subreddit about it.
people are so salty dogecoin making a killing. can't we all just appreciate others interest. this community lately just has been hating on everyone lately. dogecoin this ada that. smh
counterpoint: dogecoin is very popular and doesn’t have a community full of hate like this one.
op's inner-self shooting it is load everywhere at being able to get some moons and thiss elon. ugh. ugh. yeah.
you guys bitch and moan about billionaires alot . grow up this isnt positive for the community.
of course they are
i hope to be a billionaire pulling all of your dicks someday !
yeah and i'm still holding on to mine cuz why the funk not
i could see this helping to fuel more money going into the market though
so yes it is a pump, but who is really pumping it ? like people are only buying doge waiting on elon tweets ? like yes there is the tweet but there is also a huge dump of money on it right ?
oh wow look at that a 10 cent rise in dogecoin in the last week
as a bisexual man, pulling another man's dick is exceptionally fun.
class solidarity among the ruling class is strong.
came here to see “fuck musk” comments
lawl. im gonna stick with my usd.
dogecoin on the rise!!! dogecoin to the moooonnn!!!
bullish on millionairedickpull coin. you get rug pulled and dick pulled i heard, very promising project.
they both hold a shit ton of dogecoin. elon even gifted his children eth and dogecoin. so obviously they will be hyping it up non stop cannot stop every single day
and you guys still don’t believe this is going to +
i was hoping that was business insider's original title.
fuck both of them
u mad bro 😎
cryptocurrency really hates dogecoin.
i think maybe they do not know what on earth they are talking about. and while we're at it they do not know what on mars they are talking about either. how any economically literate person can say an inflationary coin is "the best for exchange" is beyond me. i mean, do we learn nothing from decades of history?
lmao still hating on doge eh you bitcoin whore
ahhh the doge hate on this sub. the poster poisoned the well with the gay panik title but this is good news for doge. cuban is reporting that 95 of the crypto sales made as companies are made in doge. unfortunately, the reporter did not do enough research to find the dogecoin github and see that the network improvements could be released in the next few days but it is otherwise a good, balanced article.
this comment section reeks of triggered soy boys.
sounds like gay porn with additional steps
wow, so much butt hurt in these comments.
lol, what a bunch of whiny ass adults! too the moon!
stop posting about them simples.
doesn’t surprise me that r. get over it! doge is the anti-crypto and i love it
this whole community is full of bitter and chilthish assholes.
i feel that when you’re a billionaire, pumping your and another billionaires friends bags, the term ‘circle jerk’ doesn’t seem huge enough. orbital jerking, shit coin bag unapologetic mega pump! 🚀🚀🚀😳😳
hasn’t valtik himself spoken about this being a value of doge? not that it’s going to take over btc or eth, but how the design of the coin fills a gap in the ecosystem, and will hopefully drive further innovation.
aw man, cryptocurrency is just a scam with no inherent value? what a let down.
you all just hating because you don’t have dogecoin! too the moon… thanks elon and mark
you have a sea of useful cryptocurrencies and tokens and yet they picked something that am not worth shit
another rugpull in progress
you know maybe i’m completely ignorant but i have to respectfully thisagree with a lot of these comments. a lot of the wealthy own a great deal of bitcoin and other cryptos (to my knowledge) as well as doge, but it just seems like more people are using doge as an actual currency than other cryptos. i think that’s the basis for why they’re saying that, and not so much that it’s the best on principle alone or the best in theory, it’s just currently the most used. which could easily change in the not so thistant future. please don’t destroy me in the comments i could easily be wrong that’s just how i took it.
their opinions shouldnt be taken seriously
at this point it’s pretty clear that both of them have a running bet who’s statements influence the doge price more
i do not get it - so doge is not a shit coin?
dickhead supports dickhead. the sky is blue
still relatively new to crypto, and while doge has some bugs to work out, it is notable, meme-able, and rn, cheap enough for most anyone to get in on. so for those that would claim to know, what would be the best medium of exchange? not really looking for a de facto answer, but something reasonable between being relatively affordable, effectively secure, and could be a feasible fiat.
isn’t that what billionaires do best?
dogecoin will be number one whether you like it or not. either get that hate dick out of your mouth, or don’t. i don’t care. i’ll enjoy seeing the closed-minded, salty assholes on this sub lose all their money. y’all will deserve it. in fact, probably deserve worse, for being such pretentious, know-it-all pricks.
wow, really didnt expect this to happen...
its one giant circlejerk at this point
people with money talking about how things that make them money are the best… a tale as old as time
>billionaires pulling each other's dicks for mutual benefits
elon if he really believes this…is a complete idiot.
lots of salt here. longing doge until this pattern no longer works.
another reason not to buy it - you just know these two have bags numbering in the billions
doge being inflationary is a good thing for the people who run the miners. it keeps the market fluid. bitcoin isn’t exactly a fluid market.
they sound like politicians, only caring about which one has the strongest community.
these fucking dick holes… why?!?!?
investing in doge is like investing in seti
ok. realize doge is shit, but looking forward, is there any future for the coin?
don’t buy that shit
oy mate you pull my dick and i'll pull yours
"yea bro combined we own like 40% of the doge supply so let us just shill it hella" elon to mark
because i have not say anyone point out why this is bad for the cryptospace and justify it, i'll provide my thought about why this is terrible. in the active crypto trading community most of us know musk and cuban are clowns, it was made well known to everyone that was here in may 2021 after he tweeted about not using bitcoin because its pow is not *green* , but people from the outside don't know this, they still have a idolized version of them (specially of elon), this is bad because they are gonna trust them and would not even think these guys are trying to rugpull them. would this be these new's people fault? yes, absolutely, you should not ever blindy follow investing advice without you thinking about it and you being the one making the judgment call, but these new people that would be attracted are likely to be investing for the first time and their first hand experience will be crypto is a **scam**. why? because they will obviously get rugpulled and with red numbers that am not gonna recover, if this promoting campaign gets bigger it might even get bad media coverage and put crypto in a bad spotlight for new investors and for crypto laws. yes we all want new people to get into crypto, but we should not introduce them to doge or safemoon as their first coin, at that point you are better of introducing them to slots machines. this is publicity for the crypto space, but it is publicity that can become awful for how the outer world sees crypto, if this gets a bad reception get ready for the terrible crypto laws proposal in the us to get even worse and to make it an even more regulated place to prevent a fiasco like the one elon and cuban are planning to do. this is not good, promote crypto but do not promote pump and dumps to scam newcomers, it is as thisgusting as the tiktok influencers promoting shit like savethekids token or all the shitcoins they pump and dump to their fans. not cool elon, not cool mark.
pump, but not dump.
this is different from other coins how?
doge to the moon, literally?
🤞🏽🤞🏽🤞🏽🚀🚀hopefully i’ll break even soon! 😂
it is indeed the best. doge + future = much true
doge has something bitcoin can never have. and bitcoin has some things that doge can have.
there was one monkey talking elon musk now 2 monkey talking mark cuban you all know mark cuban used to call cryptos, scam, and tulip. hate that guy hypocrite a\*\*\*h\*\* now he thinks he is a big shot adviser in crypto. **take that garbage outta here (elon and musk.** go f\*\*\* your tesla and your nba team maverick.)
i freaking hate this piece of turd
doge is an og. 🐕🚀🚀🚀🚀
cryptocurrency sub really needs to chill out with negative shit towards dogecoin. i own doge, etherum and bitcoin. the people on this sub are just straight asses some times.
can these rich cunts stfu and stop manipulating the marksimark? don't they fuckin have rich things to do, like abusing workers and sing imagine...
classic billionaire market manipulation, by the way eat the rich.
they consider it philanthropy
lol everyone here shitting on doge meanwhile i’m up ,000 this week off it. love it or hate it, it’s popular, it’s here to stay, and the price will go up as long as bitcoin goes up. good way to easily double your investment if it keeps climbing.
does this coin do anything yet? i know elon had plans for a use case. until that happens i have bit coin.
i know it is not poplar, but they are kind of right. it's biggest utility will be a large supply many people can access without getting into fractional coins. that's where bitcoin loses the transactional utility to me. people would not grasp that 1= . but people will be able to follow 2 doge = , or whatever it ends up being. i do not think it goes much over .50 per coin even in the most optimistic scenarios near term crypto needs low entry barrier coins to gain main stream adoption.
classic. pummmmpppp and dumpppp
the hateful comments are just jelly
dogecoin is quite literally the worst crypto currency.
it made me 10 grand today so…. pull away boys!
they used to pull each other's dicks on epstein parties. have to recreate it somehow.
two 60 year olds trying desperately to be cool
we need to send elon musk's dick to mars, even if there is no life there, that dick can get life out of the stone. he talks too much...
doge big bad. eth big brain
cuban told cnbc last week that "the community for doge is the strongest when it comes to using it as a medium of exchange." this is such a lie, because the majority of people who own dogecoin bought it on robinhood. so they can’t actually send it or use it as a form of payment. cuban, i like you, but you just sound dumb rn bro.
i would love if everyone just stopped buying doge right now. fuck these guys. they are literally fucking the average person over and the elon simps will still suck his dick as he pumps and dumps their savings away and they all say "he is only a man, not a symbol of society". he is a parasite
doge is the best. sorry haters.
it’s a club that you and me aren’t a part of. don’t listen to these blatant shills. if anyone else said this shit, it wouldn’t be “news”
funny how months ago this sub was creaming all over elon musk's cock over dogecoin. i hate the guy but christ, people in this sub just follow wherever the hype train is going. if it is the pro-musk, then it is the anti-musk. it's fucking pathetic how downhill thiscussion here has gone.
i can see the dogecoin becoming refactor standard. problem is that there are an unlimited amount.
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that's nice, people set to make money off a crypto says that crypto is good. what's next?
lmao, billionaires going doggy style ;d
sometimes i just want to buy 100 bucks on doge try to make quick money and then sell it all. also, fuck elon
they be pumping each other’s bags
i have seen this before, i want my money back
do we even care? bad elon!
but it is not...
i’ve seen this at least 10 times on this sub already but it still doesn’t cease to amaze me
ah yes, dogecoin, the ultimate crypto currency
only thinking about themselves and their best interests
asswholes, that is what every rich person that is playing with retail money is. especially elon. he has so many followers, many many people are admiring and looking up to him. these are the ones that take him by the word and buy that shitcoin just to put their money into elon's already fat as fuck pockets. he a bloodsucker to society.
musk should create his own coin called clowncoin
he's seen doge climbing and wants to take credit for it, just like everything else in his sad sad rich life
maybe listening to billionaires out for their own gain ain’t the best thing to do
market manipulators doing what they do best. i really wish elon would stfu about our monies. contrary to popular belief, these assholes do not have our best interests in mind and people need to stop ‘cheerleading’ these assholes on.
clearly never looked at the tps
ahh, the good ole dick twist. [link](
comedy should be the flair for this.
good maybe i can get rid of doge sooner.
i'd settle for a hundrednaire pulling my dick
have they tried orchids of asia?
just stop posting about these people.
lmao this is gold. billionaires trying to pump their bags and provide liquidity to sell on the masses. aka stock market 2.0, dont fall for this shit
there’s so many others that have faster transaction times and lower fees…
what is the actual arguments for dogecoin vs others?
i wonder how pulling each other's dick feel
or maybe they are just smart.
i really think it’s just an ego thing for these guys. i thislike it immensely
elon just cannot keep his mouth shut about crypto.
what a bunch of fucking donkeys
at this moment i think we can all agree doge is shit and they will scam you & and your money if you invest in it
one’s better at circlejerk than billionaires
i dont know what to say.
i have a love hate relationship with mark cuban
i'm still amazed about how they can say things like this with a straight face
funny how those news sound like satire
said the grifter. doge coin is like fiat, unlimited supply with a fixed inflation per year.
doge seems shitty and like it is going to get mined to oblivion and never get more than much higher than it is now. i do not get it. just a buncha scammers that got huge bags of doge early they are trying to dump on dumb poor people? or is there something im missing? why they not saying those about nano?
what the fuck man
sooo… time to short doge?
this is playing with people's feelings and wallets, a quick pump and dump to plump the yatch fund. i would like to know how much he bought before making these comments.
since it’s a more of a billionaire link to pump their own coins ide say it’s more like billionaire docking.
you all don not understand what they want to tell you: as a medium of exchange (also one that is easy acuirable for companies such as tesla) the price should not be too high (otherwise it is kind of a entry barrier) and not all. that's why the best cryptocurrency as a medium for exchange exists already today, but will not see a price higher as (more or less) 1 usd for years. that's why algo is the future. cheers.
cheers to the dogefam! hallelujah!
how is it a pump and dump if it never dumps? me and like everyone i know got in at like .002 and we’re up like 2000% even at the “lows” and it never went below .17 after it sat at .1 for sooo long. i don’t see how going from .01 to .70 and then to .3 now is a pump and dump lol it’s insanely high. and is maintaining it. all i see in this entire subreddit is salt over dogecoin. yeah it’s a shitcoin, but it’s the king of shitcoins, it’s not going anywhere. that’s why they say it’ll be a decent currency, it has both inflation and the public zeitgeist behind it. people like doge, sorry r, see you in 10 years when you guys are talking about “the big doge rug pull” as it goes from .
even the simple mention of dogecoin makes me want to puke... at least melon usk speaks almost only about doge now and leave the rest be.
just make sure you have a few doge, because you dont wanna not be there if they manipulate that heap up
fuck em, jokers 🃏
at least they have the consideration to let us watch.
to be fair, mark cuban offered people the chance to buy stuff at maverick games using cryptocurrency and doge was by far the most used to pay for stuff. elon is pulling things out of his ass but cuban actually has some level of research and experience in what crypto people choose to use for payments. significantly more research and experience on the topic than basically anyone on this site. *everyone is an expert, especially those who do not understand the project and would not read up about it* - charles hoskinson talking about cardano, but really it applies to everything on the internet.
why does musk believe in doge? is it only to troll us? is there a brilliant dev team? is it technically improved over other crypto? or are they just manipulating the market?
in other words. "i'm balls deep!"
thanks for the image of musk and cuban circle-jerking each other's old wrinkly dongs
they supposedly love doge so much that you would think they would ridicule robinhood for their shady practices concerning doge. weird. hmm
cuban just commented doge is better bc it is cheap... unit bias is for rookies.
that... would be algorand.
elon showed his hand as a traitor. only a fool would be moved by this
want to fomo people into doge again like before snl then rag pull
meanwhile, regular people spending doge in the country where those billionaires reside are subject to tax reporting on every single transaction
you tug mine, i'll tug yours, let us get rich together and whilst we're there, i'll put things on the moon for a laugh
sad this might impact legitimate projects such as stellar or nano.
last time i sold that shitcoin doge, it was actually more expensive than an equivalent bitcoin transaction.
i mean the audacity they have is just hilarious
are people still believing his shit?
like i've said before. they should be forced to state how much doge they own and when they purchased
let them pull them
why cannot they pump any of the shitcoins i actually own.
except musk is a fookin idiot.
bitcoin is cheaper and faster to send from coinbase than it is on the doge network. lol. where is the advantage?
sorry elon, hardly anyone is listening to you any more on crypto.
have they given a reason? because that sounds stupid as fuck.
anyone wanna pump each other coins with me? my net worth is around 5$, looking for someone with same bag of money.
dogecoin, money of the people. oh yes...
i’d say that too if i had the vested interest they did. they definitely don’t actually believe this
everyone crys for adoption until the adoption happens with a coin they do not like. come on y'all we are better then this.
reminds me of the sarcasti-ball south park episode, but instead it’s crypto.
which one do you guys think ate the soggy cracker?
they are all manipulating the market, that is what they are doing.
oh father elonk… don’t you get tired?
i mean transactions take 4 seconds to process while visa takes 1 second and bitcoin 1. so i don’t know about doge being the best medium of exchange.
they pulling mine too
they gunna try to get the lesser apes to pump and dump some more?
i bet doge would immediately double just for changing their logo from a silly dog to some fancy symbol like eth or btc.
it sure was nice when we stopped talking about elon cuck...
if they were really smart theyd buy all the btc and eth they can. who knows maybe they are and shilling some bullshit like doge on purpose.
i use xrp, it is the fastest and has cheapest fees, and more widely available.
ah yes doge the coin of the successful business man
they are being delusional.
a musky cuban, smells of something foul.
just sold everything and went all in on doge. me, elon and mark will see you nerds in another galaxy
you stroke me ill stroke you
who gives a fuck?
i wouldn't have a problem with dogecoin being a top coin, i only have two concerns, only a handful of address have tons of doge and elon pumping it for some reason
yeah they are literally pumping their bags. dogecoin is clearly not the best crypto to use as a medium of exchange, that coin would be nano, xlm if we're talking about little or no fees for sending and fast transactions. monero is also a good candidate, it is slower than those two but it is still very inexpensive to send over and most importantly, it is private, so even if someone knows your wallet public address, you cannot be stalked.
just like my grandpa always said: “son, if you’re going to tug on some other guy’s hog, make sure he’s a billionaire.”
ok which one of them is owner of this [ and connected addresses, or they are all in this together?
fuck mark cuban for running the mavericks into the ground and wasting luka's career. jason kidd really? idiot.
doge is only good for exchange when it is under 1c. fees on doge are high relative to bch.
how do these guys never talk about nano? i dont even own any but youd think they could get behind something thats not a meme?
and yet, this sub hypes both of them "uhh billionaire pumps my coin, he is so smart!" even fucking steven segal promotes crypto.
that thumbnail seems perfect for the headline
crazy world we live in i tell ya
top 100 wallet hold 60% of doge supply and biggest wallet have 28% of total supply!, what happened if they dump ?
ugh not elon again.
ah shit, here we go again...
objectively though ethereum is the best because of its usefullness, right?
ahh yes, elon musk and mark cuban... among the most knowledgeable within the crypto space
wtf does mark cuban know. did he get rug pulled on some scam coin?
all they are doing is wanking each other off
this is a witty remark in order to get moons
no layer 1 privacy. not fungible. not the best medium of exchange.
it's just because it is simple and it is easier for the general public to say "hey look at this cute doge" rather than trying to explain smart contracts to them.
these people are influencers that have the power to move money with their words. this has nothing to do with anything other than their own interests
eth 2.0 is the way.
here we go again...
“in other words, billionaires pulling each other’s dicks” honestly perfect description of this
sounds like a bunch of bollocks...
doge got me into learning more about crypto and i do not understand why people are hating this coin so much
not fud, but it is a bit too dependent on tweets from a couple people for me. i love elon, but it needs something else.
it's all based on the solid tokenomics.
imagine the social implications of a currency where everyone can see how much everyone else has.
it's simple, both are heavily invested millions in dogecoin and remain to gain the most (pyramid scheme), just as the fiat money 💰
elon has lost his value to crypto
they are both such fucking douchebags
new flash for all of you crypto-haters, the elite don’t hate you, they love you. you make them rich and powerful. they believe themselves better than you in every conceivable fashion. they believe themselves smarter than you. more deserving of reward than you. they will continue to mislead and manipulate you until you are truly powerless. they believe they know what’s best for you, and you, a lesser being, don’t have the capacity for self-rule. crypto is one of many ways to fight back. don’t let them manipulate the market with their influence. fight back.
they have too much influence
trying so hard to not be doge bag holders
circle jerk: millionaire edition
mark cuban brought radio on internet guys and sold it to yahoo. why would you not trust him guys?
all for the benefit of the little people… yea righhhhtt...
i can wait for the serious altcoins to take over, and for these market-manipulating billionaires to lose money on these meme coins.
bark cuban and elon husk(y)
bro it is obvious they like dogiestyle
what happened to the rule of not mentioning his name anymore 🤷🏻‍♂️
there are those who have puppy power tokens in their wallet, and then there are those who hate us. you mad bro? you all mad?
breaking: two non crypto experts agree about mutual minimal knowledge of the industry.
did they consider comparing to bitcoin?
fuck no...not another musk post...can we go back to having this guy talks out of this sub?
doge's diminishing inflationary nature does make it most like fiat that is not controlled by centralized authority, so there is merit there. the transaction speed is more of a problem if wide adoption occured. ultimately the dog will never die. just how big . i predict it will taper off over time but will surge plenty till then.
why do not they simply create their own coin and market the hell out of it? they do not because they are trolling.
mark has skin in the game. if elon is a true believer, he’ll start accepting doge as a payment.
i guess the rich get richer by wanking each other
this sub is so toxic when it comes to dogecoin. if it’s not ethereum or bitcoin then let the hate circle jerk rip. if people like it, let them. isn’t this supposed to be a crypto subreddit? shouldn’t we celebrate any positive news in the crypto community?
stop giving them attention. classic troll prevention.
fuck off elon. we do not want that shit. there are many good cryptos out here .
yeah we should really listen to the guy who invested in titan.
wasn't cuban the dumbass that lost a bunch of money on a degenerate defi?
they must be heavily vested in doge. pump and dump baby!
i definitely prefer xlm as my medium of exchange. no fees, practically instant. nano is good too but it is not as ubiquitous.
cuban was taken pretty far out of context. he said that the fans at his venue have several choices for crypto payments and that people chose to use doge more than alternate options. that’s just a statement of fact, not his opinion.
do they have dicks on whatever planet musk comes from? i would have thought cloacas?
i hate elon musk with a passion. have always hated the guy. don't think he is a smart inventor or anything, just an idiot who lucked out with good marketing. i hated his guts even more for clearly doing a pump and dump on bitcoin and dogecoin. but, objectively speaking, dogecoin is miles ahead of any other cryptoasset when it comes to be a *currency*. for something to work as a currency it needs to be easy to use, fast, cheap, and inherently deflationary to incentivize spending (which leads to consumerism, which leads to production, which leads to jobs, which leads to more spending, making a full circle of a healthy economy). ' still hope he dies in a car fire, though.
could you imagine if these guys would put more emphasis into a viable coin? they could help the crypto space evolve years earlier. instead they are pushing a meme coin.
on the one hand this is simply laughable. on the other hand, if they are comparing doge with btc, it is understandable they appreciate not having to pay expensive and unpredictable fees, manage ln channels and liquidity, etc, etc. btc is a success as crypto asset & store of value ("digital gold"), but ln has a long way for most users & merchants. other cryptos like dash, are focused on payments and work today, without doge's abysmal flaws. it's a pity crypto is so focused on blind maximalism, memes and expensive jpegs.
doge is the cheapest no?
he knows what he says can greatly influence the market. he and others like him are ultimately promoting in their own interests. but make no mistake he has his bitcoin fortune safely stashed away.
has anyone seen my rug???
elon's full on smoking a cuban right here
i never had much info about gay. now i have thanks to elon and his friend mark
exucse me, mark cuban claimed what?
the only reason they feel this way is because doge creates more coins constantly!
lmao i love seeing the hate and love for doge here. such a controversial coin here and as long it’s getting mentioned, it’s a win. i love crypto as a whole and truly believe in it. i’ll keep on buying
can't wait for them to rug pull when doge hits ath.
well this subreddit us wiser than that tho
wow two real crypto experts talking there
why are the billionaires so blind to the utility of monero?
that’s cool. another pair of financial guys who know nothing about crypto
i believe these assholes don’t own any doge so that they can legally shill the shit out of it, hoping new money will eventually flow into bitcoin.
so peepeetouch vs buttsniff, got it
it’s a viable medium of exchange, but hardly the best.
i wish we'd stop giving these people airtime
they are trying to pump doge again
lol imagine listing to billionaires
i wish someone would pull my dick...
limp dicks don’t know nano
exactly... so out of touch from reality. imagine thinking a tunnel full of privately owned vehicles is the future of transportation🤣🤣
seems like they are trying to destroy the industry from within. theres probably 1000+ other coins.
i'd probably pull a billionare's dick for a couple bucks
if its soooo good why am i still poor?!
the 1% always going to have each others back, what else did ya expect?
dick pumping and dick dumping
lol. i’ll never understand the whole dogecoin hysteria. it’s so ridiculous.
it’s official. if you hate billionaires then you hate doge.
i have not been keeping up with crypto lately. forgot that this subreddit still hates doge lol.
i do not understand how dogecoin is better than bitcoin for that purpose. is it the smaller value? you can trade bitcoin in the same small values, down to the satoshi - one satoshi is less than half of a hundredth of a cent (usd). i've paid friends for things in bitcoin and eth and have had no issues. i really do not get why dogecoin would be any better for that purpose. is transaction time faster?
wen my dick getting pulled?
ah, we're at the pumping stage again huh
or…... maybe doge is the superior coin? it’s just better than bitcoin in pretty much all areas.
they must each still have alot of doge left over they want to sell.
i’ll pump yours if you pump mine
did either of them give a reason for their claim, or did they just throw this junk out there?
muppet. space muppet, in fact.
days since elon on my home page: 0
can we please stop talking about this guy?
great now i have to dig out my 'doge to the moon' hat again.
it makes me cringe everytime my friends or co workers bring up the opinions of billionaires when it comes to anything financial. if they are putting it out in the news, it is to work an angle for themselves
but when we pull each others dicks its not allowed. we need to **normalize friendly dick touching**!
keep pulling till we're billionaires i say
oh not him again...
maybe bootstraps is just a euphemism for penises and these guys are just "pulling each other up"
musk? never heard of her
something that was coded in two hours is supposed to be the "best cryptocurrency as a medium of exchange" 🥴
billionaires also need to make money :d
does someone have a legitimate idea why cuban and musk are doing this and what they gain?
billion dollar bro rub?
why do we gotta bring dicks in to this?
i can’t believe i was mining nearly 100,000 coins a day and selling for 0.0007 in 2013
yaaay doge is gaining, so lets thrust it to the forefront again so the big boys can manipulate it again, then sell and leave the little boys holding the bag again. whoop. again.
wen moon? fuck off elon
desperate to pump the price of doge. you said it correct in the title "...billionaires pulling each other's dicks".
nothing to see here. just billionaires shitcoining into each others mouths
mining each other’s cumcoin.
while sitting on huge bags of doge
right think it is called "frotting" r(nsfw)
which cryptocurrency will be accepted at starbucks first?
again with this bs
why the fuck do we care about what billionaires have to say? they’re clearly trying to pump up their holdings.
elon can suck a fat one.
who would win in a fight though?
i believe the 3 comma club boys call it, “polishing each other’s rockets”.
sounds like a human centipede come to life with these billionaires.
never would have thought that two billionaires would choose dogecoin as their main choice of cryptocurrency. seriously wtf
i am so sick of elon and doge, i need a break from both... can they pull each others dicks in silence somewhere you think?
great stop giving these guys attention
they are just trying to build generational wealth
and most likely they’ve invested heavily in it …
i love how he is trolling the hell out of everyone outside crypto
doge at this point is held only by this kinda shit lol
so if i make a billion dollars can i get elon and mark to do that to me or what.
he's protecting his interest.
what will happen with dogecoin this week? is this going to make it fly again?
i wish they’d come over here and pull my dick
serious question - quick summary on doge vs eth vs btc? i’m more aware of eth and btc but never bothered to look in to doge.
love all the salt in here.
the market would be so much more sane without these maniacal dipshits spreading bullshit opinions 😭
pulling each other's dicks with tweezers is more like it.
musk is planning on launching a space billboard satellite, ad space is given to the highest bidder. everyone pays in dogecoin. that seems like a convoluted scheme to increase the value of doge. and lizards do not have dicks fyi
so why do people hate doge?
more like sucking each other’s dicks.
people would think musk walked on water if he simply did not engage in social media or say anything non-technical. he's doing a lot of good for the world, but geez.
are they pumping the meme coin because they don’t believe in cryptos and think of it as a joke? how is doge the best, you can create unlimited. smh
billionaires pulling each other's little dicks!
you didn’t expect them to let peasants tug on it, did you?
two billionaire clowns trolling people with this bullshit
you mean the people who benefited off a currency that can be minted with no restriction and they already own massive amount of want that currency to become standard
elon don’t stain mark cuban with your shitty hands
nah i am not falling for this. again.
i thought we were here to pull dicks.
can’t wait until prices don’t rely on whatever these people tweet
so basically, do not buy any coin that is doge or anything promoted by either of them?
emerald mine boy is back at again
guillotines enough to go around
elon is a power bottom
and of course it pumps, smh
god i wish i could pull billionaires dicks
what is dodge can never die.
what i find really interesting is elon bought 1.5 billion worth of bitcoin, but only ever shills doge to us poors. almost as though he’s trying to move our attention on purpose.
accept the person making the most out of this is the crator of doge soooooo???
elon bought at .70 confirmed
elon is a doge
mark cuban is an fool for backing dogecoin what a joke.
this is all marketing, saying you love doge is free positive publicity with almost zero downside. if doge fails and it should with the amount produced eventually these guys wont take much of a hit.
oh god enough with the billionaire dogeboys
the term “pulling each other’s docks” made me laugh.
doge is like fiat. no market cap. if you need more, just mint them.
musk just enjoys getting a rise out of people and stroking his ego he can move crypto prices.
is doge even "good" as a currency? to my knowledge its not exactly fast *or* low cost fee-wise they should push coinbase and rh to list nano then shill that, at least then they might actually accomplish something while raking in the cash lol
not pulling , stroking each other’s dicks
they are just billionaires trolls don’t fall for their bs...
how many billionaires does it take to complete a circle jerk?
or pimping each other.
so many people are going to get burnt from this.
i am so tired of hearing his name
is this some kind of joke, guys? enlighten me pls
and so many people will fall for it...
man, imagine backing a crypto pulled together in 2 hours.
well time to sell my doge before elorn makes it crash again
elon is the dogefather or something i think…
i smell another crash and slow descending bear market
oh look another boring, regurgitated, "influencer", lazy ass judas goat post.
not long before they start dslapping eachother after pulling, it is custom for some crypto investors
i wish they would frig off, they have swindled enough people.
everyone is laughing about this but for those that actually think elon gives a shit about getting rich on doge - no. it simply does not have the market cap for someone as rich as him to make real money. at around 45b, he could easily tank the price or push it way up just by buying a large amount. btc is about the only crypto he could buy a significant value of without shifting the price.
corporatioms: "lol, fellow doge coin holders"
pay pals late to party. they don’t get it — crypto’s no joke!
shouldn’t he be more worried with tesla and space-x, instead of a meme coin with no utility at all?
pushing it up again.
god damnit now i have to pay attention to the news and doge again
what is elon up to now.
elon how about giving me a tug, too???
it must be the best if a company is building rockets with everyones fomo.
this whole timelime upsets me sometimes. but i suppose if it puts more into the greater crypto market... i'm for it.
mark cuban is a guy who made radio on the internet and sold it to yahoo for billions. he’s simultaneously smart and incredibly stupid
i do not get why elon likes doge so much. it's a meme coin with no utility.
what about monero, elon?
why is it better?
if only someone besides myself can pull my dick
pull away, i say
they just have some heavy bags
meming while they acumalate btc
nothing like the rich and influential eluding everyone else 🤧
what a stupid take. if the topic on conversation was eth you'd be creaming your pants.
memes aside i truly believe doge will remain stable under .
lol it is not even good, let alone best.
so much hate here. i am here to make money. that’s all. my doge is going up so i’m happy. i’ll ditch it when the trend reverses, just like any other investment. for now, enjoying the ride.
a bunch of filthy rich morons filling their bags at the expense of delusional millennials craving for a get-rich-quick-scheme
the value of doge still blows me away. i've seen shitcoins fly before but this one was extra bananas.
such a click baity title which does not need to be
the best cryptocurrency? how do these two have any credibility left when talking about cryptocurrencies? there's more efficient, more secure, more expanded protocols out there, are these guys unable to research anything? or is it just where the level of pumping and dumping has gotten to by now?
maybe they’ll get married and have children too
well yeah of course it’s a great exchange for *them*. they tweet some shit and make free money from the hype.
just wanna make my tree fiddy back and i'm good
lets go dogeeeee demon!!!
they’re not wrong. i’d much rather spend doge to buy a coffee or pizza. i will never sell my btc and a lot of people are just like me this is why it’ll never be a widely used currency. we’re already seeing this.
it needs to read “mark cuban backs elon” mark is late to the party over here…
can't wait to be a billionaire so elon pulls my dick.
when will elon go the fuck away
okay when does someone finally destroy crypto like the lie it is
that's one hell of a tug job by elon
i’ll stick to xlm
everytime doge pumps someone here has to post an anti-elon article lmao. makes y’all lose your minds
totally trust that guy. what was his proof understood cryptocurrency? paypal. oh, nevermind.
it seems to me that they are trying to sky rocket the coin to make profit.
if they honestly think this, it shows how little they really know about crypto.
he done with titan i guess…...
i'm just glad he is leaving bch alone.
i propose that all these billionaires should adopt one shitcoin each...then each can pump their shitcoin of choice and then wave it round, like a long wobbly dick, at each others faces. we could see safemoon, shiba, akita, safemars, babycake etc all being adopted and like the vhs wars have our cryptoshit wars. may the best bull shitter win and it would be some good shit to watch. plus i can go buy up a lot of shitcoins and wait for them to moon it all.
it will continue to pump
i own zero cryptocurrency and get annoyed that uber rich people can influence the price just by tweeting
i laugh how at first when elon would say anything about doge it would moon. the last time he wanted doge on mars and space it does nothing. so he is pulling out all his guns and buddies trying to pump his shit. and the market does not care.
man screw elon, wasn’t it like a month ago he said crypto currency is bad
the coin i have millions in is important!!
its called a dutch rudder
y’all need to dump this ponzi. these dudes pump and dump on y’all daily
serious questions only because i’m still learning crypto. hypothetically speaking, the dollar is wiped out someday and completely worthless (more so than it already is) what would happen if all nations agreed on a series universal cryptos that would be backed by the gold standard and other precious metals that are highly sought after and valued. all countries involved would have to provide proof of their reserves by weight and all inflow or out flow would would be highly controlled and monitored. atleast there would be something that made sense or actually had value behind the currency, not just pieces of paper we pass around or digits we trade on our phones and computers. just curious if this would even be remotely possible, as i know it would require countries working together efficiently, collectively, and honestly which i know is a pipe dream already to say the least.
why do they love doge so much instead of something stable like eth? are they just having some fun?
you guys keep getting pumped and dumped lmao
why not just put some money in doge and enjoy if something does happen ?
this after musk absolutely shat on bitcoin? i need a filter on my reddit to avoid seeing certain (wealthy) people. bezos, musk, any others to suggest?
i feel like i've heard this joke before...
i guess poor investments make people desperate… they’re doing a good job of helping the price stay propped up a bit though, i will say.
you could not have made a better title. if i gave awards sir you would get them all
this is what noobs sound like.
billionaire bagholders, gotta feel for the shills
sorry but if these guys knew anything they’d say litecoin. cheap, lightning transactions, and an extremely stable price for crypto. i’m so tired of these guys but at least mcafee is dead.
the price of doge makes me realize how stupid people are.
2 big whales pump and dump.
why do people care what these assholes think? i'm sure they only said this because they want to make a quick buck
all publicity is good publicity. more news coverage about crypto is only good thing even though i think dogecoin has no value.
we should all start supporting shiba so that they will not profit off the people.
cuban hopes its not another titan lol
dogecoin pump 'n dump 2: electric boogaloo. i agree that it would be hella cool if dogecoin could become something just because we as the people decode it should have value. but damn it does not look good it we keep getting double-fisted by billionaires on their playground.
[one stroke four dicks = middle out compression](
my respect for alon is plummeting over the past year. :(
so you just paste a news article as soon as it comes on google news and you get 10k upvotes!
they are going to sell their loads at 0.80 cdn again...
elon has gone full boomer these past few months
i felt for this trap before. just going to be a boring person now
to be clear i think the title is perfect.
pretty sure elon’s dick was cut off by his mom…
hate begets hate. most of you are the definition of losers. this is a very sad sub. doge will continue to thrive regardless of your poor opinions. to the moon!!!
must be nice to have as much money as these guys but i’ll never know
doge is going through the roof until these two guys sell all theirs off. elon just did this to the tune of . soon jeff bezos will be telling us that unicorn coin is fantastic while holding the bag.
what's the difference between these guys and dogecoin and michael saylor and bitcoin?
those dicks aren’t going to pull themselves.
thank you for that!
money money money money argargarhargarhargar
ok, and so reddit is just a bunch of plebs pulling each other's pussies i guess...
no different to people here promoting coins that they hold.
at this point they are basically mocking everyone who takes them seriously. they do not give a fuck about you, only lining their pockets and representing their overlords.
can we film a porn of billionaires pulling each other’s dicks and then shoot it into space paying for it with doge?
why not dot fuck… i was hoping so much from polkadot but the price dumped and is almost about to loose the top 10
ready for the pump and dump 2:electric boogaloo
i watched a video on elon musk interviews. he tends to change with the wind type personality.
no one cares about what musk has to say he has abandoned doge once he can piss off
i want to punch mark cubans face
i wonder what kind of lube space x developed for this.
dude does not give a shit at this point... he's rich enough to troll and does so successfully sadly.
been regretting buying it at ath. relived it is showing green in this really. just a dream of breaking even i guess.
here we go again…
it's a great medium of exchange for fomo. not much else.
big ol circle jerk.
oh i saw this one on pornhub
why do people think elon is pumping his own coins. elon has no need of an extra billion here or there.
imagine being elon. if you want more money you just tweet some random shit about crypto and your bank account skyrockets
you wouldn’t be so ungrateful to give a buddy a reach around
fuck dogecoin. get wownero if you want a useless currency. at least wownero is private.
doge coin is the worst for transactions and cryptocurrency in general, litecoin is much better, so are about a billion others.
sheep will blindly follow. it’s a shame really
almost feels like it’s legal for them to pump and dump crypto but not stocks
can we just approve the 🤡🤡🤡🤡flair?
elon has a d1ck?!!
so much hate for someone looking to promote a cryptocurrency that is been around for years. get a life do something more productive than whining on the internet.
the sad thing is that a fst chunk of people that are "into crypto" will buy musk coin or whatever thelat asshole comes up with in a heartbeat. dude needs to go back to his sellout wife and weird named kid and leave this space alone
perfect moment for me to loose some dogecoin, i guess.
i never see posts get upvoted like this on cryptocurrency. how much did you pay for the upvotes?
those two guys are not in the same league
unpopular opinion. elon is a wanker and is just a vapour-wave aesthetic salesman.
i wish a billionaire would pull my dick at least once in my life but i gotta be the honest the only chance of that happening is if i become a billionaire... hold the phone...
pump pump pump it up
buy buy buy 🐶🐶🐶
you know what, i keep reading this sort of post and it is time i say something... that is just silly to say! billionaires do not pull on dicks, they pay other people to pull on dicks 💁🏻‍♂️
i'm not in attack of this but i feel there are several other crypto that fits the work just well, coins like egld, pop, ada etc...
fantastic. hope you all are ready for another crash.
great more news from billionaires i do not care about. can we make a limit to the amount of billionaire bullshit that gets posted on this sub. you know all those rich btc early adopters? yeah they got rich cause guys like these were not interested in crypto. stop listening to what they say, if they actually cared about us they would be paying significantly higher wages. if your worth billions of dollars you can afford to pay people more.
if elon musk says it, it is probably not true.
shilling for a shitcoin is like sucking your own dick
they will just keep pump and dumping people
both billionaires milking each others tits
i assumed elon forgot to sell doge at his ath lmao
this shit is so fucking transparent. rich playing by their own set of rules to get richer.
dis guy proly snorts mozzarella.
tgey just want a coin they have control over
doge predictions? i am going to sell 1 dolar
i own some doge now i wouldnt mind
mark cuban admitted to have invested less than us. his son seems to have invested a lot more. i'm curious as to how much elon musk has. he's only admitted to owning bitcoin and ether. i do agree that doge has demonstrated itself already as the best cryptocurrency as a medium of exchange. xrp would have probably also been a medium of exchange if ripple pushed its use on banks. but instead, it acceded to the banks' request to just use its ledger, not the token itself. in the philippines, where axie infinity got its greatest boost, cryptocurrency is prohibited as valid medium of exchange. however, it is recognized as an asset that can store value and may be traded for goods or services akin to barter.
it seems that mark cuban owns doge and wants to increase its price ...
guys that bought a billion bucks of the doge think its good "holly shit!"
if billionaires cared about other people then they wouldn't be billionaires
can we start a poll about banning any thiscussion related to musk? i feel like you guys do not understand that the more attention you give these dickwads the more power they get. i also raged and posted about him in the past but i think the best way is to ignore his existence all together. i bet if you go and check you'll find more posts in this sub about elon than vitalik.
i believe in cubes, not so much the other guy. mffl here
used to think mark cuban was alright... now i am questioning it. pump and dump moment right here.
why are people still mentioning muska nd giving him any attention, just stop and ig ore. get on with it.
doge has a memorable brand, that is about it.
the moment someone says something is "the best" it is most of the time not the best.
so this means that doge is finally going to hit , right guys?... guys?
more like "sucking" each other's dicks
absolutely nothing to see here folks. nothing suspicious. lets all just move along while the rich people do their stuff.
ah yes that is why you cant buy a tesla with it no?
currency manipulators should be banned form twitter like the former guy.
oh, so musk is getting ready for his next pump and dump?
this again? i swear if i see one more doge post trending on popular i am all out of crypto for this year. celebrity speaking crypto is a very bearish sign imo.
these guys are plain idiots.
buy. hodl. this is the way.
1. get told by billionaires to buy coin 2. tell friends to buy that coin 3. eventually realize the coin has no legit technology 4. **eventually realize the coin has no legit technology**
what? doge's gays lol
it's all they do, they are so useless
luna going crazy, hitting a new ath last night!
i truly do respect elon but yeah enough with the doge crap.
isn’t elon banned from trading stocks due to market manipulation?? this is not a win :/
nothing like a billionaire dick circle jerk ... "i'll hold yours if you hold mine" i used to respect those two so much but not anymore. i mean, i still have a lot of respect for their business acumen and visionary attributes (more musk than cuban) but their cheap tactics of manipulating the market at the expense of millions of people, especially when its considered pocket change for them but life changing money for the people, made me loose respect for them as humans. i guess this is nothing new for humanity, i am a little thisappointed at myself to think that those two would have been 'different'. anyway, i am a drop in an ocean and not like anything i say will affect them - ill just do me and focus on supporting new retail investors in this community and outside it however i can.
some words, the market is up. some words , the market is down. the words are said by billionaires, and you are paying and playing the game. nah
fuck xrp then. right elon?🙃
doge does not have any real purpose. it's just there
dogecoin oh dogecoin, my love hate relation
haha awe are y’all mad doge is pumping
well, the more awareness they bring...
idiots or evil personal agenda... place bets now.
litecoin - not going up, not going down
doge +13% 😲 the first couple of times that elon musk pumped & dumped doge it was kinda cute and funny, but now this is unreal! wtf...
**nano enters the chatroom.**
real talk, how can any intelligent person think that the actual answer is not btc.
the day the cryptocurrency ecosystem ceases to be influenced by these figures is probably the day we actually start to legitimize as a market
they're way, way too intelligent to actually believe this. don't get me wrong, doge is fun and i have a few hundred to mess around with, but it is not, and was never intended to be, a serious currency. they're having a field day manipulating the markets and they know it is not illegal to do so.
dry tug of war
what happened to the “de” in defi? who cares what these two say. if they’re that powerful over a coin’s price, that coin isn’t really decentralized.
mark cuban was not smart enough to avoid a rug pull. why would anyone listen to him about crypto?
i will stay away from dodge
he does try too hard.
when whales don’t care to be known as whales
i wonder if this has anything to do with the recent increase in the price of doge….hmmm
you guys salty af. you should be happy these guys are making noise. it’s good for all crypto. don’t let your ignorance miss out on making money.
did someone say dogey fomo!
smh, these billionaires just need a chance to suck each other off
these two chumps can pump and dump all over each other for all i care
ah a billionaire did something with crypto and has an opinion about it. whatever would we do without the guidance of our lofty lords of wealth? fuck off.
last time reddit gave me a warning for proposing to guillotine this guy, so this time i would not propose that ;)
they are pretty obviously shit posting and having a laugh in dms about it.
lightning makes doge obsolete.
wish a billionaire would pull my dick.
that like my right hand congratulates my left hand for doing a very good job
musk tweets "lol doge" and it shoots to the moon. cuban says something similar and no one bats an eye. is there some logic i'm missing? not that i thisagree with the above sentiment.
how’s the saying go? you pull my dick and i’ll pull yours?
i do not care what some chancy billionare thinks. they did not care about us before crypto was a thing and they would not care after. ignore the talking head trying to squeeze out your attention and allegiance that they want to use to earn themselves a few more billion.
i may have said it in the past, but elon can suck a fat one.
so will they just move in together and get it over with already?
jfc 🙄 almost like they can’t relate to real life investors
show me any crypto expert that agrees who holds no investment in it lol
fucking hell... i do not think people can really take crypto seriously if they keep going with this.
how…how could he be so blatant? who tha fuck can’t see through this shilling?
some sort of "mine is bigger"
how many times is musk going to change his mind about doge? i do not really follow it closely, but it seems he goes from x is good, x is bad, every few months.
firstly pump and then dump
musk started so it should be the other way round
maybe he should prove it and make it possible tobuy tesla cars with doge.
at this point, anyone buying crypto because some famous guy said to, deserves exactly what they get.
elon should keep his doge opinions to himself. it only feeds his ego
god he is soo cringy and he is trying so hard to find relevance nowadays
relax guys cuban is just teaching his son some lessons with his .
not again please… not again…
great news for a proud and clueless owner of doge!
great two dickheads now
op gonna get some serious moons for this post
where i was two months ago \_
this is so blatant now, and its honestly cringe.
pretty remarkable how shameless they have become at making each other money. elon loves to use his twitter account as a pumping tool.
do they produce a cumrocket after all that pulling?
arnold and christopher walkin. am i the only one that sees this everytime i see the mug of elon? he even kind of sounds like the two voices blended together.
this is a normal strategy yo pump their bags. dogecoin is so volatile that if you're trading youd understand this.
hex and pulsechain are changing the game
its called docking... look it up. thats what they do.
leading article... this is more of the same publicity crap. dodge isnt the crypto market. everyone needs to stop feeding this beast. musk is a bank man, he aint here for any of you or your rights as an individual. its a confidence grift plain and simple. do so research and explore the actual technology of blockchain and crypto and avoid this pump and dump stuff.
maybe they are working together to pump and dump?
wanna see me turn two billion into three billion with a tweet?
the man spends his days and nights in tesla and spacex factories. maybe his way of going off the rails crazy in the opposite direction of genius, is dogecoin
dogecoin is stupid. this is all so damn stupid. wake me up in 10 years when we can rattle some of the stupid out of this market.
doge doge to the moon!
i believe it is called a 'bildeburk circle jerk'.
pumping and the dumping all over eachother
being a billionaire is a lifestyle
being a billionaire is a lifestyle…
u! stay tuned for the launch of ibg on the largest crypto trading protocol on ethereum, uniswap!
u, they listened. earning yield is about to get that much easier with higher apr and more flexible staking periods. superstaking immediate pool opens tomorrow!
i rather use doge to buy coffee and movie tickets than use bitcoin and.
i'm not buying it, there is no coin today that has enough stability to be able to buy groceries with it.
and now the doge has a wife! wife doge
haters on musk and cuban most be bitcoin and ethereum holders. and want all the glory for themselves. maybe your just as bad as they are for being selfish.
doge is the best for money transfer? let me introduce you to the nano gang. (or basically in any pos coin out there)
coin sack is officially listed on we need 250 votes in the first week to stay listed! see you there- go vote and join the community! go vote: watcher.guru-sack
"i'm alegted to marijuana"
anyone planning to play marvel's guardians of the galaxy tomorrow?
i wish elon would just ssshhhhhhh about everything. i also wish the federal government would stop giving spacex money and stop allowing him to sell tesla motor's carbon credits so the markets (and musk-rats) could see just what a modern-day vaporware salesman he really is.
damn loved elon after reading his documentary, now this annoying doge pumping is really making me question how altruistic he is, i mean this just seems like him pumping his own coin. everything i have read about doges system tells me in no way i'd it a superior coin vs all the other projects out there
dogecoin is a joke
dodge coin is the best guys cuz i bought some you have to believe me
clearly none of these guys read this sub. they would know its nano. i would also accept xlm or maybe xrp.
i bet doge fans is celebrating just hearing anything about doge.
has anyone told them about xlm though?
cuban is a chinese shill, i'm beginning to suspect this whole dogecoin game they are playing is just to tank private cryptos reputation so the cbdc's like the digital yuan can thrive
those 2 know it all douchebags need a 3rd one in the middle, so that he can fiddle with the diddle of the one in front, and tickle the balls of the one behind... or, to make a human centipede...
they love rubbing their dicks together.
elon and mark confirmed gae.
anyone that knows something about crypto : dogecoin is shit all the others that know nothing about crypto : dogecoin is the best crypto
this comes from a guy who asphalted tunnel and claims it is revolution
cuban trying to pump his son's crypto balance, it is so obvious.
urggh just the mention of elon makes me cringe
elongated muskrat at it again
it's been some time since i've seen that name in a top post here, i enjoyed the peace.
this pump and dump whore is at it again.
god, everything about the coin and it is "championers" is toxic and gross
why the fuck do billionaires need to shill this trash?
those idiots, first they get all the mainstream people into vaporware, they they triple down on all their dogecoin bullshit. evil bastards.
don't get why doge should be considered a good medium of exchange? because like fiat, doge printer goes brrrrrr? transactions are not blazing fast, and fees are not negligible for small payments probably elon musk should start accepting btc on lightning network
doge was never intended to be a medium of exchange , that’s not even on the radar but i guess you need a headline when you need a headline
i do not know as much about crypto as a lot of people here would want standard, and even i know that dogecoin was a joke that, to quote the creator, was made in an hour. what is this collective anesthetic to that basic fact? there should be no rational world where you're able to convince enough people to pump the damn thing.
disgusting market manipulation. status quo
don't fall into the billionaire trap!
🚨 fake news 📰 financial sector is the **largest** investor into crypto. makes one [wonder]( why? it's inverse is parroted... 🤔
i can’t believe they actually listed doge on coinbase when so other actual functional coins aren’t even on it. frustrating!
well i gotta admit, it was dogecoins buzz and fuzz that put me into crypto. thankfully, after i invested in it i immediately started dmor and joined this sub, where everyone hated that coin - which put me into thinking. it worked quite good for me, i sold all of it a little while after elon's speech, making some profit out of it, and investing all this sum to better projects. never looked back since then 😁
i recently read a report saying he expected people to be on the moon before 2024 thanks to efforts being made at spacex. the first thought in my head when reading that was “0 cases by april”
they're thistracting retail so they can keep buying legitimate projects. eth, cardano, sectors of defi, etc.
cuban is pretty educated in the space, so his doge take seems soo wrong that my only explanation is that he just wants to pump his own bags
small enough market to pump. mark wants to rug pull, not be pulled upon. doge has zero redeemable value, offers nothing that hast been done and i think less of those that believe in it. speculate all you want. believing in it as a superior asset.
i back max keiser's claim: fuck elon
i don’t see why he doesn’t just make his own instead of pumping coins that will probably make a lot of people broke because it’s mostly just a hype train
of course cubanus and elongated muskrat would say that they both hold it.
this means they don’t know shit, like expected
is market manipulation a legal concern with crypto? as in, are their laws against it? doge, to me, seems like a blatant billionaire pump and dump fueled by musk.
what’s new though really, musk back to hyping the coin he has adopted, because meme and it doesn’t have a super active dev team, so he should easily be able to strong arm his way into controlling the project if he wants to. doge’s fundamentals are cooked, this just makes any reasonable crypto enthusiast loose respect for both of them, if you had any.
yelon tusk is a clown. mork crewban is a good basketball ball coach, i think. i'm not taking financial advice from either. doge is a fun meme. i own some cuz it is funny and i like being in on the joke.
elon is a fucking piece of shit. he gives crypto a bad image.
what would a billionaire tug of dicks war look like?
keep it coming elon!!! dogecoin has to go up i need to pay off my student loans!!
enforece the rules, do not just point them out
i see no issues with the title
can we get a flair for "elon"?
seems suitable to me
where is the doge flair? then we're warned before checking the post.
this had a suitable title
elon musk is bad for crypto
these clowns should be ashamed of themselves.
everyone here is still so salty on dog money…
is that a buy or a sell signal?
how dare you say something against our lord and savior!
dcaing and hodling :d
he wouldn’t dare to do this ;)
me! at the all time high…
literally a circlejerk of two people 😅😅😅
yeah, me when it was high lmao
not because of fear, but out of annoyance
billionaires understand the mess banks made with shorting gme and amc. so they decided a thistraction for 'dumb money'. remember doge first took off courtesy of elon on jan 28 right in the middle of gme going from .
i do not know man with all this talk that elon says about doge i do not think he even has any
pumping each other dicks
yeah, who would have thought that elon would endorse doge once more, a shocking turn of events.
bags heavy mom’s spaghetti
these dudes just cannot stop using their influence to get richer and richer, even if it means promoting a shit coin with no utility
monorails are not so hot these days
...and dumping their loads
billionaires are more greedy than millionaires
pump to the moon :d
the rich sticks tgt
the good thing is, he pumps, but doesn’t dump :d
which is crazy cuz you know, they are fucking billionaires
looking forward to the sec wrecking elon and cuban over this. this industry is not a !#...
you really think elon holds a are bag in a shitcoin? tbh his fascination with doge is hard to understand, i think he just loves memes and dogecoin is ripe for memery
i'll take "market manipulation for , alex"
to the moon 🚀💦
pumping it real hard
like when cuban filled up then dumped titan.
yep. but we're not allowed.
do you think elon owns the dh5 wallet?
mean jerk time (
kill the dog coins for a better industry... screw elon and cuban. not a fan of either now. sec do your fucking job. and leave def alone
and after it ![gif](giphyelvm3xlgeszi64kzx3)
after cleaning all the newbie blood
they will never reach john mcafee level.
imagine what kinds of rug pull tesla can make if you put it on an actual rug
i'm just hopping up and down...just in case.
time to get my popcorns
geez how much money do they need? leave some for us peasents already!
im really starting to associate “billionaire talking doge on twitter” with billionaire is a moron or trying to do a pump and dump scheme. both of these guys time and time again seem to prove how much they really don’t know. they’re like any of us jumping into crypto with almost no knowledge... except when i bought doge in 2014 no one cared when these guys do it everyone thinks they’re playing 4d chess.
yep, testing to see if people still buy it.
come boys, sit atop this beautif rug
to be fair, we circlejerk a lot too
wish i could take part in a millionaire circlejerk
these guys know nothing. xlm is way better than fucking doge.
billionaires see all their followers as dog'e's. that's why they like dogecoin
the name of our future moons club
the lube is beluga caviar and they wipe themselves off with original monet's.
doesn't get better than this comment right here
the ridiculous thing is that doge is going to pump because of this. even if just for 1-2 days
2 dudes, not a circle, just a mutual jerk off. technicalities people, the devil is in the details.
people are still gonna yolo their life savings into it cuz of this too
i wouldn't mind being part of this group though. i give a mean ass handjob. stroke the dick right off your pelvis
at least it is a public circle jerk. free for us fools to join in on.
now there is a nsfw gif i would download
i would jack off elon for a billion 😂
that’s all his subreddit does.
any y'all ever question whether you're being taken for a ride here with the crypto thing?
as much as this is bad, i wish they did the same with safemoon
billionaires pulling each other dicks. when will they pull my dick???
he wants his personal private currency. 🐷
trying to trap poor people again
did he buy doge with tesla or just btc? figure if he did, might see a sell off before the quarter ends to take profits after hyping it.
you know he is full of shit because he complained about the energy usage of btc. if doge had btc's market cap, the energy usage would grow to be comparable.
i thought he stopped because of energy costs?
never seen it animated before wow
you know elons credibilty dropping when he needs to team up with another billionaire to shill his shit
so mark cuban and elon are the same person
because of marketing and a community that constantly pushes petitions etc for merchants to accept dogecoin as payment. i like using xlm to transact. i also like xrp and nano. but the corner store accepting dogecoin has never even heard of those.
because meme. people like dogs and funny things. at this point it is not a thiscussion about tech but a thiscussion on the human psyche
two main reasons why doge outcompetes nano. higher brand awareness, higher rate of adoption.
once nano becomes more accessible things are hopefully going to change towards using that technology. makes much more sense for everyday use imo
because nano is not that popular. it has more to do with marketing.
it's because mark cuban and elon musk bought a controlling portion of dogecoin and will not thisclose it. now they can try to sucker ignorant people in to using something they now control. if dogecoin takes off, they become even more powerful without having done shit. it's pathetic
nano, bch, dash... whatever your favorite coin is, these are all serious payments-focused cryptos. but when newbs like elon and mark experience challenges with btc, they go right over to the memest of meme coins, smh.
that is true. nano is way better in every way. no billionaire shiller yet though!
because these guys are literally pumping their bags
nobody uses nano, it is not going to happen
because nodes are not very incentivized on nano.
i thiscovered that very fact about three years ago, and it is *not* complete bs, and my total doge holdings are under , so i have no motive to lie about this. the answer to "why" has three simple parts: * virtually every exchange, even the fly-by-night-ones, accept it * low (and more importantly, predictable) transaction fees - one doge per kb, period (with an average of ~2.2kb per transaction). * one minute block times mean initial confirmation is effectively instant. and i'll add a fourth reason that is a bit more subjective - the ytd bubbles aside, it is effectively a stablecoin; yeah, it occasionally takes a sixty second rocket trip on a giant chode, but when it is not in the spotlight, it has remained basically flat in the .001 to .003 range for its entire existence. : my apologies, i missed the fact that this was a "fuck billionaires, lsc ftw!" thread, rather than a serious question about why doge really is a pretty decent medium of exchange. carry on, lads!
but does it have a cute little dog?
because it doesnt have a dog
not to detract from the conversation, but someone gave you an award that highlights your entire post in orange with a border. i've never seen that before
because elon musk says so
tech matters little. it's what people use.
because crypto is largely bullshit used by people like the above to increase their wealth rather than act as an actual medium. pump and dump scheme: 2 technology: 0
i think you mean xrb? fuck...maybe nobody knows nanos roots
you are right in the sense that nano> doge. if the comparison is between doge, eth and btc (these coins along with doge are in mainstream's attention for conversation's purposes, not nano) - wouldn't doge technically be the best medium of exchange amongst the 3 because of the low fees? lots of people shit on doge without addressing the shortcomings of bitcoin and eth. as a payments form for the mainstream public, there seems to be a strong argument for doge at the moment.
beta was supposedly better than vhs. vhs had better marketing and or push behind it
exactly. no one went out there to find crypto to use in their stores, some companies adapted crypto cause chatter was surrounding it
in my opinion: privacy. i'm never going to use a public ledger for everyday transactions. monero wins this one.
because zero fees is not this amazing solution that people think it is. the guys circling jerking on nano are just as guilty as elon dickhead and his buddy.
i think it comes down to tokenomics and the laid back-intimidating nature of doge. the total amount will increase each year, but the amount generated, that being 5.256 billion, is static. this means that the inflation rate actually constantly decreases each and every year. it will eventually have less inflation than even fiat (us dollar, euro, etc.) and will continue to decrease. basically the total number of coins will continue to increase but the amount generated per year will always be the same. for example; 5= 5%... next year 5= 4.7% then 5= 4.5% as you can see, the inflation rate actually decreases each and every year. our price is relatively stable and our network is stable due to not having a hard cap on coins. the increasing supply with decreasing yearly inflation makes doge a prime candidate for daily transaction utility. to take it further, imagine when adding the 5 billion barely increases the total supply by a fraction of a percent. in this situation, we would start to see the value of each doge increase as the supply being added per year becomes negligible when compared with the total sum of doge already in existence.
because it is more known and supported a d fees are super low still. network effect matters
i have not seen anyone here say anything good about elon in a while.
good post. that's exactly right. this is where theory meets evidence. we can talk about why coin xyz ***should*** be the one people use but people like to use doge. it's like that with all sorts of things. i can think "people should not like cardi b, they should like \_\_\_\_\_ ; people should not like superhero movies they should like \_\_\_\_\_\_" but if we are asking what people actually listen and watch . . .
finally some sense. a lot of people thislike dogecoin because of the supply and inflation issues. but if you compare it to the us dollar, it is extremely similar and has less inflation. i wouldn't invest in dogecoin to get rich but it is a damn near perfect replacement for the us dollar. part of me really hopes it gets popular and becomes the defacto for buying goods, because i cannot think of anything more hilarious and ironic than the us dollar being thisplaced by a memecoin. btw here's an interesting post by a user comparing doge to the dollar, [link](
**crypto users**: “crypto is currency for the people!” *\*dogecoin enters the chat\** **also crypto users**: “the currency the people like is stupid!”
less than a year ago mark cuban thought crypto was stupid, now he is lecturing people who have been thinking about money and cryptography for the better half of a decade but he thinks he knows everything.
let’s pretend i own a food truck. walk me though i start accepting doge as payment.
finally something actually insightful here lol
can’t believe you need to scroll through loads of circlejerking idiots farming moons just to find one reasonable comment
i'm not sure if you're being serious or not. there are coins designed to be used as currency as they are pegged to specific currencies (stable coins). coins like btc, while maybe originally intended for currency, is widely accepted as a store of value now and will not be used as currency. dogecoin, built off of btc code, is inherently more designed to be a store of value than anything else. adoption is one thing, but if you try to use btc or doge as currency when they are not designed to be currency, you're going to have a real fucking bad time.
nano has zero fees. not just low fees. of course the network has costs, but they’re absorbed by the node operators, just in the cost for the equipment and electricity, and we’re happy to do so!
see the problem here is, you're operating from a place of logic, and reason. there is not enough hyperbolic, reactionary sentiment in your take, thus you are not maintaining the status quo. seriously though, increasing awareness (and hopefully, education) and the probability of greater adoption of crypto into the marketplace is a good thing. edit: i accidentally a letter
the point of crypto is to be currency, and that is not up for debate. it is a objective fact, just look at bitcoin's whitepaper, it is titled, "p2p electronic cash system"... so yes at this early stage in the game not a single coin has become widely adopted as a payment method because were'e still so early, but currency. nano looks to be in pole position for being digital currency, that is why so many people are so exited about it.
except for the fact that a lot of holders of dogecoin hold it on robinhood, which kind of invalidates the whole "medium of exchange" element.
i do not think dogecoin is really "adopted" as a currency...i see where you're getting at but saying that dogecoin is more used than bitcoin as a medium of exchange just does not sounds true at all. donation, merchant, what you're saying is not at all what i'm seeing.
i do not hate this but my question is, are not their better coins for this? like stable coins? i know right now with eth gas it becomes too expensive to pay with say usdt, but why is doge better as it is still vulnerable to miner fees and long confirmations? name recognition, i get that but something like stellar would be infinitely more useful to merchants and consumers because they do not have to wait long for the tx to be confirmed nor does the person paying have to worry about high fees. is it the meme of it all? do we just want the joke of being able to pay with memes and let the internet be the internet? if that is the case let us just fork stellar and make a doge version. we can call it dogestar
i'm really not sure about a pow coin becoming the primary currency. it wouldn't be so bad if most power generation was clean, because we'd just need a bit extra generation to run it; but when 1's power comes from renewables, i think a coin with minimal power draw is preferable. sure, dogecoin is more efficient than bitcoin, but both would need insane amounts of energy to become the world's currency.
i will add, coindesk lists doge as the 6th top crypto assets they also share their methodology for the top assets.
doge is inflationary so it is kind of the fiat of crypto
the other thing i heard was from a crypto perspective - dogecoin as a blockchain cant be changed or updated. ie there is no voting as part of the chain to make changes - so it will continue to be inflationary, as new coins are minted, and no one can fuck with the code down the road without making a hard fork, defeating the purpose. my guess is it will slowly fade away as eth gets its eth2 upgrade completed. nothing at this time can compete with eths market share and technology once mainnet is flipped to eth2
> because doge is basically bitcoin source code source? what aspects of the source code ? never read the source code and it’s too big for me to quickly try to compare everything
i can think of a coin like that they had more real world adoption... litecoin, the actual coin that doge stole it is source code from.
your post is very reasonable. but every time i hear about people investing in dogecoin, it reminds me of people investing in beanie babies
the whole idea of the bitcoin whitepaper is the ability to *transact* freely, so i support your post. unfortunately, btc has since abandoned that vision.
how many times are yall gonna fall for this one? all my non crypto friends sure do know doge - as a joke that lost one friend 500 bucks. no one is using doge coin, not widely. they just talk about it to get bagholders.
these are the comments that should get moons. however i do not think xrp is far behind dogecoin.
it’s a gateway crypto after all...
i still don’t understand the hate towards dodge. i’m not a fan of cuban or musk either but their endorsement’t be the deciding factor in an opinion on the coin’s usage imo.
doge doesn’t have the tps to be used as a currency though, that’s why people are dunking on musk and cuban because, frankly, their statements show a complete lack of understanding of how blockchain networks work
this is ignorance. dogecoin is hot garbage and they bought up a controlling portion of doge in an effort to sucker ignorant people in to pumping something they plan to dominate and control in the future. this is bad. the worst things that could happen is the us government backing something that is oversold and is not backed 1 to 1. this is already starting to happen with sites selling more bitcoin than they hold. the next would be printing a government coin that claims to be backed by a fake bitcoin valuation. and then having two people who are not as smart as they think they are controlling the price of doge since they would own a shit ton of doge and could just set the price. they should be forced to thisclose their holdings and trades.
bitcoin over lightning networks has more use as a currency than dogecoin.
except that the reality is just that these guys are holding a lot of it and want to increase the value of their holdings. they are not giving sound, logical reasoning why it is better than other coins in the first place. and call me crazy for being skeptical of 2 billionaires who literally made huge portions of their money by over-pumping bullshit and selling it to bag holders for huge profits. cuban in the 90s with [broadcast.com]( one of the worst acquisitions in history for the buyer. and musk, who has been pumping the hell out of an overvalued company in tesla, in my opinion. and using shady means to do it, even resulting in huge sec penalties. i will say that, even though i thislike musk, i do have respect for the tech and companies he has been a part of. cuban, on the other hand, mostly sucks and has not done much of value.
sorry what have you purchased using dogecoin?
but... it's stuck with about 30 transactions per second and fixed transaction price and unless the devs implement something like the lightning network (which is centralised and not secure, so what's the point?) using a first generation coin as a currency is plain dumb.
if doge is “basically bitcoin source code” then why don’t they just say to use bitcoin? what’s the point of doge?
that's interesting to know. i guess it is the cryptocurrency that is truly being used as currency, unlike the hoarding that everyone does with btc, making it more like an asset than currency
yeah vitalik invested in doge in 2016 but did not shilled his doge bags and he even donated all his doge gains ( 4.3 million ) to the charity.
at least vitalik works in crypto and he does not tweet 10 times a day so he is cool
vitalik is super awesome. he also reminds me of that kid who only eats goldfish. 🤣
vitalik is young but he writes like he is a mature 50-year-old person
vitalik loves the doggy
oh no dont conflict the sub like that
i dodge such news as this too. everyone knows who the joker is. i share your sentiment about a stablecoin as being the right answer and substitute but i've always known usdc and usdt, the last one you talked about - ousd , whose advantage you mentioned is not popular yet, can you provide me with a little more info about it or a link to read. thanks in advance.
like you have rightly said, i would rather settle for a stable coin, i do not want to have to worry about the price changing each time musk or his 'buddies' tweet about it. a decent stable will do much better for sure, for the daily use. more so, the yields that one earns from having ousd in the wallet can never be over-emphasized, even without having to stake it.
bitcoin inflates by 900 btc, or . ethereum inflates by 13k eth a day but burns 4.6k for a total usd value of . 10k dogecoin a minute means 14.4m doge.3m. these figures just means it is easier to attack doge than bitcoin because all block rewards are a security-spend subsidy at the end of the day. but all three are inflationary despite btc's hard cap. but doge is the least inflationary of those three. but that still does not make doge a sound short-to-medium term investment because of all the crap speculation, pumps and dumps, etc. surrounding it. but that same speculation is inherent in *all* of crypto as whole to some degree. inflation or deflation literally does not mean anything right now if speculation still drives the prices way more than the actual number of coins currently in the supply or how many coins there will ever be. (speculators and day traders do not care what the supply will be in 2140 lol) if you plan to hold forever and "store your value" then of course do not go with the one that increases its supply by 10k coin every minute. but if you hold forever and never spend, that is a shit "currency" lol, do not call it that and do not compare it to stores of value in a thread that is explicitly about a "medium of exchange"
why not just use stablecoins?
why not use nano? it is feeless and instant
virtually every coin is *rather inflationary for now* though. that's not a unique property of doge. the circulating supply for every coin is constantly inflating until it hits it is maximum supply.
influencers shilling a coin is only an issue with me when the coin is not in my portfolio. duh!
it's honestly the most ironic thing about the crypto space lmao. they go ahead and say that, "x coin is shit and a ponzi scheme fueled only by mania" without realizing that people outside of the crypto space say the exact same thing about crypto in general. even the good arguments against most of these coins, eg that the majority of the existing coins are in the hands of a few players, apply to a lot of the "best" coins as well.
to be honest i cant take them seriously. i just cant
the harsh truth, thank you.
people are so fucking salty against doge for some reason lol. yeah other coins, have better tech, but that does not matter because they have not been adopted. cuban is right people just like doge, i mainly use crypto to gamble, and what do i use? doge. it's a decent coin with name recognition that people like to use, that itself puts it ahead of so many other coins.
they bought up a controlling supply of dogecoin. they cannot control cardano, so that is why they bought ownership of dogecoin
that's because cardano is actually a good coin.
because cardano isnt a shitcoin made from a mene
like shilling your fav coin is not common
isn't this exactly what both them are good at? cuban stealing customers from his old job selling then starting broadcast.com and hyping a product and selling. the same with elon it is hype and credits. in terms of innovation i can name so many more admiral people.
exploiting people with less wealth than them is what they’re best at
dogecoin bad where's my moons
agreed. hello friend! ![gif](giphy42ylr8u9gv5cw)
100% agree, bunch of gate keeping douche bags on this subreddit. we should celebrate any crypto success. i personally own doge, eth, and btc.
i'm not a fan of doge but who cares if it is getting attention let the people like it lol
yup so funny to see doge hate on this sub, and most of them have 3 months old reddit accounts.
i agree, time to accept doge. wish i had bought in. the "smart money" said it was, but it is still holding prettt damn strong
dude thanks to billionaires you’re a slave happy to make a grand lol. my god wake up
this^ like it or not, there’s a great opportunity to make some real cash if you pay attention to what’s going on with crypto in the news, either take advantage of it, or don’t complain when you miss out
someone has to do it since media does not have the balls
that's what happens when rich cunts try to fuck anything and everything to become even more rich while people live paycheck to paycheck
i see it similar to the dot com boom. all will rise but the ones that actually create value through more than marketing will outlast the rest
... i hope you're joking because this is in no way accurate. you're going to see hundreds of tokens over the next decade position themselves to be the leader of specific utilities. this is not about what token is more popular this is a paradigm shift in both currency and technology. decentralization will continue to grow in every aspect of our lives. marketing these coins will be pointless when their utility, which you will need, requires you to use that token. when is the last time you've seen?
elon and mark right now
me too, maybe one day
>sales >crypto sales >crypto sales as companies that's 2 layers of narrowing the stats to match the narrative
tbh i like doge, and wish it would improve, but i hate the blatant manipulation elon has done in the past and is obviously resuming now. and for anyone who has not seen it: [dogecoin github](
there should be doge hate. we have the potential to radically change society for the better and idiots are pumping the worst potential medium because it has a cute branded picture of a dog. i do not buy the argument that "whats good for doge is good for crypto" because it fundamentally misses the point that currencies with runaway inflation and no programmability is just fiat with extra steps.
gay porn at least doesn’t suck unsuspecting fools into wasting their money then rugpull them. i have less respect for these rich bastids and their pump.
i will pay to watch that
the car in my driveway would like to thisagree with you.
useful? did you see the gas fees on eth yesterday? do you realize how long a btc transaction takes? doge is way more useful than almost any currency out there.
some people just buy what celebrities want them to buy.
nope. it's a secure coin with fast transaction times and low transaction costs, being accepted by a growing number of retailers. people just like to shit on it because the founders had a sense of humor.
i have never used silver, gold or whatever crap you are touting in my 40 years on this earth
i dont care what it does, im not buying. way to many got burned on shit coins. typical example was doge racing for . shib and safe burned so many ppl. icp only made those who bought the ico rich.
ikr, avoiding it like the plague
you got it, unlimited supply, 10,000 new coins every minute inflation will always knock it down.
please do! doge has been making some great gains from squeezing shorts. ;)
they cannot dump even a fraction because it would crash. they also dont have to sell because they are probably some billionaires, this is just their playground. thats why i still have some, lets play moothefookaz.
elon's power on crypto with his tweets are not even 90% of what they used to. i truly believe he can say bitcoin bad dogecoin good and their wont be more than 1% movement in either way as supposed to how it was in may when it could have easily been 10%
.32 is not a dump. invest while you can. don’t fomo later.
they do this and in return they get millions of idiots fawning over them. not even sure whether its about the pump and dumps or the hero worship that they are after.
by that point you'll need to be a trillionaire to get your dick pulled by him.
i'd vote for this
or elon 🤡🤡 flair
i’m voting for the **send elon on a one way rocket out of this galaxy so he’s someone else’s problem** flair
elon likes to watch people have car sex in his teslas
you say this now, but imagine this: as soon as elon starts backing your favorite project, your attitude would change.
i don’t know, i kind like of the “billionaires pulling each other dicks” flair.
don't we already have a "farming moons" flair?
a few posts with dicks in the title is okay lol. can you imagine if the whole front page everybody put dicks in there.
honestly this place is such a joke to thiscuss crypto. the headline from the business insider website is “elon musk backs mark cuban's claim that dogecoin is the best cryptocurrency as a medium of exchange” and yet op added their own personal opinion into the title, which makes it look like it was business insider who actually said that. op is free to keep the title uneditorialised and add their opinion (“in other words, billionaires pulling each other's dicks”) in the comment section, where such opinions belong. people wouldn’t and haven’t stood for such editorialising of titles before - particularly when the fud came out for btc and eth a few weeks- and it shouldn’t stand for it relating to other crypto either.
agreed it is apt and fitting
and so is mark cuban
bad publicity is good publicity...
without elon bitcoin would not be hitting ath so fast. the past rally would have been way more flat.
to get attention? yup
you never try too hard
just a random tweet about how awesome doge is throws you guys into a frenzy and you tihnk hes trying hard lol
because elon shilled it like crazy earlier in the year then triggered a crypto downtrend that made a lot of people lose a lot of money, im fairly sure a lot of that money is in elons pocket now. that being said i dont think he planned it per say, he just got caught up in crypto also and forgot his "with great power comes great responsibility" . . oh wait that was spiderman's uncle... what did iron mans dad say?
buy for now. sell when you're ready to take profit. by no means hodl with long-term growth expectation.
its only gay if balls touch
now i see why elon tweeted about cumrocket.
they should get a penis pump instead.
elon will forever support whichever coin he just put a ton of money in. irregardless of his past comments.
you mean the sociopathic billionaire who tried to convince the world that a hero is a pedophile and tried to get journalists to find dirt on him? the same guy who tried to murder a whistleblower by telling a swat team he intends to cause a mass shooting? the same guy who tried to claim a photographer tried to murder his employees? that person does not have our best interests at heart? ?? i am shocked
i think the bigger problem is idiots who are influenced by these billionaires
i dont really understand since im new sorry, but does not the fact that there are so many people who believe them make the coin actually jump and thus making it a good investment for a quick buck for the people who are here for a quick buck
this is not what cuban meant. 95% of his crypto customers choose to use doge. he does not choose it for them. it's simply the most popular for these types of transactions.
you guys are dirty minded
doge is currently the baptism into cryptoverse
the type of people that they are they do not need to even clean the blood. leave it on like how the ufc keeps the blood stain from previous fights on the octagon
bleach it like the murder scene
dude pulled his own rug he was so hardcore lol
yeah its crazy how blatant they are, but then again it is the wild west in crypto. and cattle barons do whatever the fuck they want in the wild west.
but we are not billionaires.
*i agree*. we are almost like an echo chamber sometimes ![gif](emoteemo_pack_1yeah)
you just explained how pathetic human beings are in just a few words, and one of them was circlejerk
there are a lot of things better than doge. these two think they are helping crypto but they are running away potential long term investors who get burned by the doge pump and dump hype they create.
he's so greedy, he can [take his pick]( already!
don’t we all? 😂
not just poor, poorly educated on crypto too. i’m one of them. 🤫
there poor people believe them
great points, i think most of us would be more supportive of nano as an everyday currency, but doge has the hype and the adoption behind it at this point. personally i’m going to invest in nano, but i won’t begrudge doge gaining adoption.
exactly. the technically best option isn’t always the one chosen by the masses. for example, cash app has better security features than venmo, the ability to take out loans, and even the ability to buy bitcoin in the app, but more people still use venmo because they like the social aspect of it. it just goes to show that popularity and marketing can be just as important as actual functionality.
thing with nano and xrp is accessibility. you can get doge on rh. coinbase, kraken, binance, etc. xrp and nano are not as accessible through the big name crypto apps. maybe this plays into the >marketing and a community part of your comment. personally i would've liked to grab some xrp when it was 0.50 or 0.60 but i could not find it on the mainstream services so i passed. did not want to get my banking info tied into an app i'd never even heard of. doge is incredibly accessible and that is why it is been talked about as a layman's intro to crypto. and that gives it a lot of power. yeah xrp or nano might be better but you cannot beat the exposure doge is getting from >the corner store **edit:** since we're being pedantic with "get" vs "is available", *yes i know you dont own crypto on rh. yes i know there arent any wallets. yes i know you cant take your doge out of rh and put it in your own wallet. my point was that doge is available on the platform.
i’m an xlm person all the way. had to do an eth transfer today, was thisgusted with the fees, it’s just better to use xlm whenever it’s possible.
what's the point of getting them to accept doge when it is inflationary. why is doge any better than fiat?
the best transactional cryptocurrency, zero fees, no energy impact, extremely secure, and not whale dominant, it was given out for free via faucets as the thistribution model. incredibly excellent crypto, but because it already works and does not require much development there is never going to be the type of hype around it that you'll see with projects like ada or eth with major new developments, and because there is no mining involved it does not have the same underlying economic drivers that you might see around something like the halving or even xmr. not a good investment as a moon shot, basically, but a very very solid project that is undervalued and will likely gain ongoing traction due to it is community size.
crypto currency that is not harmful to the environment it uses block chain lattice , which i think is hashing using the chain of previous recorded transactions it is being used in a lot of small stores which is listed in usenano.org they have a good explanation on their site so check it out
bizarrely though that makes a strong case for everyone to buy into doge. if billionaires are backing a crypto and pushing it, then it really does become more valuable than the other shit coins.
ever heard of brand value? good luck finding someone who actually knows what nano, bch, and dash are. maybe bch but that’s it
nobody "uses" any crypto, yet. they're all speculative or stores of value, but some day a coin that best meets the use case for day-to-day digital currency may gain adoption, so our job as investors. by all metrics nano seems the best horse to bet on in terms of usable digital currency.
which prevents the emergent centralization that occurs when you have a direct financial incentive to run a node... it amazes me how people do not recognize that mining rewards. when i am financially incentivied to create and run more nodes then i will do that, and others will, and then you end up with what we have with bitcoin today which is a small handful of massive mining conglomerates controlling the vast majority of network hashrate.
nano is basically the wikmedia foundation dude, people do not run the nodes for money, and the fact it works that way means it would not be centralised like the types of mega farms we saw erupt in china, or the ongoing fight against centralisation in pos models.
yea it’s pretty sweet
we all know raiblocks, but it is not called xrb anymore, it is called nano, why would anybody write xrb?
i think you mean xno... nobody knows nanos future.
fords and honda’s were much more “well known” in 2013. fast forward to today and tesla is one of the most common cars i see in my neighborhood. better technology always wins, sometimes it just takes a few years. that’s a fact
where can i buy this xyz? edit: of course, that is a token's ticker and it is available on sushiswap and 1inch lol
i think a lot of people here just thislike the idea of 'dogecoin' - a literal joke - becoming the face of crypto when the crypto space in general has so much good that can come from it. unfortunately, dogecoin does not attempt to innovate, does not really have the fundamentals, and is literally a copy of litecoin reskinned. its hard enough to convince people why crypto is the future without the top crypto having a dog as the picture and being created as a joke. saying that, no hate against doge holders, good for you guys! i made a bit of cash from it too earlier this year too.
yeah, fucking hilarious. let's replace one shit monetary system with another shit monetary system.
but, since ethereum exists, i'm not going anywhere near doge.
thanks for linking this post, i remember reading it a while back, but haven’t been able to find it. i think it’s fair to give doge a cautious appraisal without jumping on the bandwagon hate. i don’t hold bags, but i think with doge we can all see the effects of recognition and meme power. this link does put doge’s inflation into a realistic perspective. i was always hearing about the insane mint rate and infinite inflation, but as the post shows the inflation rate is currently below the usd and will only fall as the circulating supply grows and the amount minted remains steady.
this exactly. i had a conversation with a friend who's 100% bitcoin and asked about doge... he completely shitted on the coin and said bitcoin is the only way. i asked about making transactional purchases and he said bitcoin is the only answer. i asked, who would buy a pack of gum with bitcoin considering transaction costs and if they expect the value of bitcoin to go up? he did not have an answer but continued to shit on every crypto.
someone told me this back in april when it was going crazy. it has long term use as a currency because it’s inflation rate is lower than the us dollar. as it gets more accepted l, it can be used on a large scale because of its size. that’s not bad, but i can’t get past people saying they are into crypto and then claiming to have only doge and that it’s going “to the moon” but i guess those type of idiots are everywhere and truthfully the more people are into crypto, the better for crypto. that being said i still haven’t bought any doge.
except “the people” we’re talking about here are wealthy billionaires that can manipulate the value as they please, which makes it stupid to like for others.
“instead of remaining ignorant on a subject, this person researched it and changed their mind in light of their newfound information, what an asshole”
well i do like when people are willing to change their stance on something. gotta give him that
1-offer your falafel to the customer. 2-send him your doge wallet address. 3-get paid based on the dollar value of doge at the moment. it is as easy as that. the problem with this and all the crypto is high volatility. so if you sell a falafel at the peak of a bull run, you will lose money.
doge isn’t a store of value though. it’s made with very cheap fees an literally has inflation built in.
that’s cool but who uses it?
what does this have to do with the fundamentals of doge? how does people buying at rh make doge suddenly less suitable as digital money?
it's a good thing that the lightning network does not have major security flaws that are currently pretty close to being considered unfixable - oh wait. there is no objectively best crypto at this point. fullstop. they're all juggling decentralization, security, and scalability with each coin having that has success in one area often being offset by a loss in another.
i think you missed the point... also, lightning is centralised and not secure. other cryptos do a much better job (cheaper, safer, more decentralized, than bitcoin over lighting when used as a currency.
because they picked up large bags of doge and are pumping it. there is better coins for this than either of the 2 of musk or cuban actually cared about what they are talking about
correction, he donated 50%. held the other 50%
we need someone that does not use twitter at all. that place is a curse to yourself
he also donated it to charity.
you can find more info on the [coin website]( yes, it is not that popular yet and for now i have no idea why, i guess the same project is working on several other things and may not be able to focus well their marketing on one product only, but it will happen slowly when people understand what it does and its potential.
i also find it a much much better way of gaining some extra pennies, as you have no strings attached, no lock no stacking, just hold as long as you wish and swap.
stablecoins are pegged to something like the usd. if you’re going to use stable coins, why not just use apps like cashapp and venmo which are a lot simpler to use? at least with doge, it’s more of a traditional cryptocurrency.
because of the branding of doge. a lot of people underestimate that spec of a coin.
i missed the most important part in my reply. w. both musk and cuban are targeting new money.
unfortunately for every other crypto with good technology and serious people, this one has all the marketing specifically because it does not take itself seriously. now if they could have just taken all the tech of nano and slapped a meme on it is face...
the people calling crypto a scam do not even know what a blockchain is.
not to mention the usd and many stocks are mostly held by a small percentage of the population. i know it is not apples to apples, but come on people...
they became the very thing they swore to destroy
it is frequent here.
yea i’ve lost a decent amount of respect for elon, although i do like tesla and space x’s missions
well sure, but since he is talking about his companies that is the information he has at his fingertips. crypto sales at his companies. now that doge is on bitpay it would be interesting to see monthly reports on popularity. which crypto is being used more often -- that would allow us to predict which crypto is most likely to be used as a currency.
doge does not have a runaway inflation rate, just the opposite. like eth, doge it has a fixed annual issuance. it cannot run away. the doge is on a leash. the current inflation rate means that doge loses 1% of value every three months. that decreases each year. given the extraordinary rise in value that will take some time before that inflation rate eats away at anyone's profits. inflationary currencies encourage spending, deflationary currencies encourage hording. doge is not competing with btc or eth -- it is use case is as a currency. spend that stuff before it loses value. doge = checking account ; btc = savings account
>gay porn at least doesn’t suck unsuspecting fools not so sure about that one tbh
nano is better in every way except meme power.
this is the way to go. you’re straight up gambling if you put money into these shit coins. am i a gambler? yes. i play poker frequently, sometimes for thousands of dollars in a single hand - but the difference is i have control. i know what i’m doing. with these shit coins you can take your eyes off then for a second and they literally fall into the abyss once the rug is pulled. doge has no cap. you are at the whim of the public at large. no projects, no catalysts - nothing. it could dive off a cliff today, it could moon tomorrow. who the fuck knows. i’d rather put .
they must just be bored. this is the first time i'm annoyed with mark in the crypto space he is a moron if he thinks doge is the best currency crypto
at that point i'll reassess my goals and blow a few mil on something dumb.
i mean no shit???? of course, but because of money lmao, if melon mouse did not had all that money nobody would care, he bought all his importance without actually being anything.
without ops addition, i would have downvoted
seems a titan wants to get rekt again
and so is the us government.
i mean, you’re all here talking about him. seems like a weak criticism.
stop kissing his ass. he's not going to like you.
bullshit af. why do you think dogecoin is not a long time investment?
doge could be a great crypto in the crypto future. especially if elon’s team work on it to improve the coin which they are
first one to break eye contact is gay
you’re absolutely right but friendly reminder that irregardless isn’t a word, you mean regardless.
the man clearly stated that bitcoin is his biggest bag so by that logic he should be pumping bitcoin a lot more than doge
no because what they do is they accumulate while the price is low and then they start shilling doge so people buy in. then they dump on them to bring the price back down. the price falls so quick that many people won’t make money on it
>the unlimited supply is probably the biggest issue but that has nothing to do with utility. you should sit this one out, friend... you clearly do not understand shit about fuck.
“i dogetize you: in the name of the satoshi ...
rinse them real clean
noone fools you better than yoursel
they do what they want because they already know that not a single figure of authority with ever come after a billionaire (unless they are into cp, then the rules change a bit). these guys are friends with trump. the billionaire who happily exclaims in public that he could shoot a member of the public, in public, and get away with it no sweat! the most depressing part is how many of us fawn over billionaires and fall for their tired shitcoin shill shtick over and over again.
getting what they can before us regulations kick in.
no circle? this is wise.
i’m pretty sure they know what they are doing and just don’t give a fuck.
i know there is a huge difference between that crap and btc, but holy crap does that make crypto in general look bad
i am guilty of holding doge bag too
can you not describe me in one sentence lol
if we ever pay for mcdonald's with dogecoin, that will be irrefutable proof we live in a simulation.
i love my 58 nanos.
nah you can buy bitcoin and some other top cryptos on venmo
disagree with you on this one. i use venmo because it has a seamless ux and a large user network. same result though, nobody knowing nano means nobody accepting nano. everyone knows doge and btc. i'm also somewhat bullish on ltc. nobody has really heard of it in the mainstream but i have seen way more places accepting btc and ltc and btc and doge for whatever reason.
dodge is on coinbase and xrp is not even supported on trezor.
you can’t “get” doge on robinhood. try and withdraw it.
you are not spending doge buying it on rh. and nano is on kraken and binance. but anyways...
xrp availability issues are temporary
we know about xrp, but we’re also here on this sub. the average person that doesn’t understand crypto likely only ever heard about bitcoin and dogecoin. that’s where all of the brand appeal lies i think eth and bitcoin cash have the potential to get that same brand appeal, but as of right now doge and bitcoin are the only two mainstream crypto’s.
speaking about adoption and marketing, an interesting tidbit: [more americans know about doge than ethereum]( sad, but it is what it is and frankly, i do not care too much what people use as a store of value and medium of exchange as long as they move away from fiat.
you really said robinhood... i do not think you know much about crypto
>because it already works and does not require much development there is never going to be the type of hype around it that and development is literally impossible on nano due to the lack of smart contract capability. so not sure what you want people to do with it :p it is overvalued by all meanings of the word...what value is yet to be realized? you admitted it yourself, its a dead project with no further room to grow. news flash, all crypto pay for transactions will be through usd pegged coins i.e. tether...i.e. why would you hold nano?
except there are plenty of altcoins that are not shitcoins, have value, and are decentralized.
it's just a wild reddit fantasy. bought a "controlling portion", lol. as if those dudes were after a few hundred million extra.
bitcoin is legal tender in el salvador 😎
obviously its called nano. just throwing it back y'know? nbd.
it's not, literally not iphone, dvd vs blu-ray, youtube vs vimeo, telegram vs whatsapp
what do you mean by "does not really have the fundamentals"? doge does exactly what it is supposed to do. fast (for now) transactions and low fees.
"one shit monetary system" which no one was complaining about until there was the possibility to get rich by backing other forms of monetary system. the usd is the worlds most successful currency ever and before you bitch about inflation it was never intended to be a long term investment. only broke teens on here complain about inflation despite having no . i expect downvotes because it does not fit your "usd is trash, we're all gonna be rich narrative"
transaction fees are relevant. expecting the value to go up is not. with the exception of fees, there is no difference between purchasing something with fiat and bitcoin. if bitcoin is the easiest way to make the transaction, pay for whatever that way, and also buy more bitcoin with your fiat
those of us in the know should indeed give credit where it’s due but, we have to remember that the *vast majority* of people who are just now hearing about crypto will be hearing of it from the mouth of a billionaire.
okay, now walk me through it again please. but...and hear me out...this time...explain it in terms of a food truck that sells tacos.
fair - then its not very good for anything.
maybe i was a bit too harsh. that said, the fact that a significant amount of volume for doge being on robinhood, where you can only buy and sell, and cant use as a medium of exchange, has to be meaningful?
i’m not sure how lightning is centralized. i run my own lightning node and that feels pretty decentralized to me. edit; my last .04. that seems pretty cheap too.
he sold 50% of his doge and he donated that 50% ( 4.3 million ) to the charity.
thank you for sharing this, very useful a link. everything i read about the project is quite amazing and interesting.
wow. very interesting. i just had some google search too. quite appealing with a lot of good advantages. i believe this could become widely known in the near future. i tip origin dollar for a greater acceptance from so many as they hear about it. thanks for the piece of information.
this is quite great. earning yields for just having ousd in the wallet, even without locking or stacking it. wish i had known this earlier!
well if you do not care about its value relative to fiat why not just use nano or something?
so what about the spec is underestimated. it's yet another bitcoin fork.
doge > nano because we can verify a cost was paid for pow, but we have to trust nano devs who verified captchas. wow much peers
it's the people behind tesla and space x that make everything happen. elon musk just happened to be able to attract and hire good enough people to work for him. but he took all the credits claiming he is the chief architect of all things tech come out from these two companies.
i feel like the narrative i’ve most often come across against doge has been the out of control inflation. i took that one at face value until i read that they had a fixed annual issuance essentially decreasing the inflationary rate year by year as the total coins in circulation increase. as the circulating supply increases the fixed annual issuance becomes a lower percentage of the total. and as you’ve said inflation encourages spending for a coin that’s intended as an everyday currency. i’m not a doge holder, but i’d like to see the criticisms at least make an argument in good faith.
can i ask why you would prefer to use doge over something like bitcoin cash?
doge was also created quicker than it took you to post that. elon musk is the only reason you bought and the only reason it is worth a damn and even then it should not be and it is just a bad reflection on our existence. doge to the moon
when’s the last time you met someone outside of the internet who knows what nano is?
i like nano, but it has some drawbacks. the initial release was small, and there are no more coming. as random coins get burned, scarcity increases. currency needs consistent supply. eventually, nano will simply cease to exist. there's no incentive to run a node unless you are seeking to accept it, and the overall architecture is difficult to code. just today i heard a developer complaining about being unable to get consistent end point info.
yeh the situation, comments and back patting etc triggered me too
i have these nice rocks i collected as a child. they might be worth billions soon. i'll let you have them for an even -million. get back to me when you have the money. i'll try my best to hold them for you.
i recognised as any one would, the dick part was added on, also fitting addition imo and fine
no shit. that is what sensationalizing is for, to manipulate viewers
thankfully the sub’s rules aren’t dictated by what coins you like and don’t like.
where can i smoke some of that
someone may have second mortgage their house
mark cuban be like uwu musky wusky touch my balls
eye contact intensifies ![gif](giphy32mc2kxywcsg0)
first they will pump each other, and then dump.
thank you for beating me to this.
how dare you mix his name with doge
we are, in zimbabwe dollars
you are right, elon musk is a union busting a-hole.
this x100 billionaires are not our friends
hurts my soul to see so much cringe
i'm at the happy medium where i have enough of it that i can see some decent gains if it does well but if it crashes then i'm ok with losing what i put in.
what did you buy it at?
yep, as am i. patiently waiting until i break even again!
trade it for something with more potential upside
i don’t know how elon musk posting a picture with miley cyrus, kid laroi, and a photoshopped doge doesn’t prove to you that we are living in a simulation.
you’re right, but as far as i know, buying crypto on venmo is like buying crypto on robinhood. you don’t really own it because you don’t have the ability to send it anywhere. cash app, on the other, does allow you to send it to any address.
with the sec lawsuit a lot of places stopped trading until the suit gets wrapped. the ones that do have it are ones that joshmofomo cryptobuyer would probably never hear of or not have any exposure to at all. doge is literally everywhere lol
neither of those are mainstream names. the average person has heard of robinhood, and coinbase is known by pretty much everyone in the finance industry. kraken and binance will only be known in crypto circles. i’m not saying that can’t change, just saying that suggesting kraken and binance isn’t that persuasive.
nano needs to be on robinhood and coinbase.
have you watched cnbc? those folks will shill or fud anything. brand appeal for crypto will eventually be based on utility, not how its valuation compares to bitcoin. for now it is speculation central and nobody is quite sure where utility will emerge in tangible ways. the problem with doge is that the network gets saturated very easily and speculators want to believe its exchange price can appreciate well past 1 usd. the utility of just going somewhere, paying some doge coin and receiving goods or services is not an impossible story. it's just been set up for a slog of security, bandwidth, and governance risks that are yet to be addressed. once the community decides how to address those risks, it will need real developers to implement the changes and miners might have to be convinced to update software also. other coins and blockchains have those resources aligned to address and move beyond situations that doge has and will continue to encounter.
this is the reason why i’m holding some doge let’s say the mainstream group, who barely understand crypto, actually tries using bitcoin as a currency. people are going to learn very quickly about its transaction cost and time. the only alternatives that might get the same amount of mainstreaming attention are doge and bitcoin cash
the sheer mention of "app that shall not be named" and it thiscredits my point? lol okay. what i said was "you can get doge on rh". tell me i'm wrong.
i'll have to answer this one when i am sober. !remindme 12 hours
>which no one was complaining about i do not know what the fuck you're on about, literally the whole world was complaining, besides rich fucks. and i bet that people complained about it all the other times in the past that the economy crushed. >the possibility to get rich by backing other forms of monetary system whether it is for a long time investment, or trying to get some quick money, people are looking to better their livelihoods because rich people keep fucking us up and they keep sipping champagne while we can even afford to eat. it all boils down to people having enough of being stomped onto the ground again and again while those at fault can do whatever they want.
why do you think bitcoin was created?
>the usd is the worlds most successful currency ever kind of a hard claim. the country's only been around for 250 years, and it is only been fiat for less than a hundred.
>the usd is the worlds most successful currency ever either substantiate the fuck out of this dubious claim or you can shut the fuck up. pick one.
not when it flips to eth2 and it can process 50k to 100k transactions a second.
>1-offer your taco al pastor to the customer. > >2-send him your doge wallet address. > >3-get paid based on the dollar value of doge at the moment. > >it is as easy as that. the problem with this and all the crypto is high volatility. > >so if you sell a taco al pastor at the peak of a bull run, you will lose money.
ok, thanks for letting us know. then everyone got it wrong. people constantly using doge just did not realize yet that it is actually useless.
it’s a currency dumbass isn’t that the entire reason why crypto started?
maybe. but even with rh doge accounts for 95% of the mavericks crypto sales and climbed to the spot of bitpay's transactions. imagine those numbers without rh.
the vast majority of the nodes are controlled by a very small minority? other crypto charge nothing or fractions of a cent.
vitalik quote “i immediately called up some of my friends and told them to drop everything and scramble, and i sold half of the doge, and i got .3 million, donated the profits to givedirectly, and a few hours after i did this, the price dropped back from around .07 to .04.” source
have you ever met someone outside of the internet that knows what nano is? the nano team is great but they really shot themselves in the foot by having zero marketing
accessibility. people use what they can get, and they can get doge easier than nano. plus, vendors are well aware of doge rather than nano- at least in this context.
i’m not trying to argue why doge is better. just trying to explain the difference between something like doge and a stable coin.
>or something like doge?
this is thiscrediting how important direction from ownership is for a company. ownership sets the tone from the top down, if you have toxic. yes there might not be a ton of direct work on products day to day but that tone you set and the direction of focus and allocation of resources is huge
he is constantly giving credit and kudos to his teams when he speaks and on twitter. the only people who claim he takes all the credit are his detractors.
> elon musk just happened to be able to attract and hire good enough people to work for him clearly you've never watched any long form interviews with the guy. he can name every part on every vehicle and explain in great detail what it does, how it works, and how it might be improved. it's astonishing how competent he is. to see that, to see him work and think and still come away with "oh he is happened to attract and hire some good people and it is really nothing to do with elon" blows my mind. the man could literally save one of these people's lives in person and they would be like "meh... i mean... thanks and all but you could have saved my life a little better or something..."
to be fair, i’ve heard him thank his teams often when being complimented on his companies acomplishments. i think his intent is good, especially compared to other wealthy people. i think your comment sounds ignorant. it takes some serious hard work to attract talent and pick the right teams with the same work ethic. and even then most companies go under because its lead in the wrong direction.
get others to do the work and take all the credit, that is straight out of the 48 laws if power.
expecting good faith thinking from tribal internet forums is as absurd as thinking that billionaires want to pay their employees more.
i bought because i liked the joke back in january. most reasonable people know better that you don’t invest anything based on elon’s words, only his work.
when i bought i had no idea musk was supporting and i have ambivalent feelings about musk . . . it's classical error to mistake a thing's original form for its current form. doge was made in minutes. devs have spent months and years improving it.
i know and they think they know so much but they really do not... about crypto i mean
sounds pretty dumb! i'm in!
im not manipulated, im an informed upvoter.
or each others arbitrary opinion on, not being allowed to add to a title from news. any half wit recognises that dick was a personal addition.
or maybe third 😂
what a terrible day to have eyes
ok, that is too much reddit for the day
the more touching, the better
i’m moving to zimbabwe
i feel like that is where you should be with all crypto
i pulled out double my investment before it crashed, and what’s left is pure profit, so i’m more just curious what will happen long term. i no longer have any actual skin in the game.
my average is at 0.3$
i bought it at .003. then more at .009. then again at .05. but i’m an idiot.
it was really difficult for me to buy xrp
>the average person has heard of robinhood, and coinbase this is my point. doge being "the layman's crypto" and rh "the layman's brokerages". also, xrp is blocked by most apps because of the sec lawsuit. i dont agree with it, but its the truth. only app i found that still allows trading of xrp is uphold (there is probably more if i scour, especially if i use a company outside the us) and since i'd never heard of them prior, i passed. accessibility is key.
can confirm. im am average person and only heard of coinbase and robinhood
if you think all crypto will be priced based off utility, bitcoin is absolute garbage
nop you cannot if you could withdraw it then...
ahh another guy obsessed with the gold standard because of a few youtube videos. why is it virtually no actual economists care for the gold standard? why is it that since the 1970s the world has seen the greatest economic boom ever? the , no one has issues finding ways to hedge inflation... stop glorifying the gold standard because a bunch of youtubers. the 1970s and before weren't so great.
it’s no use. apparently this sub is infested with statist who love the banking system and see no problem with qe. “no one was complaining” lololololol. first they ignore you, then they mock you, then they join you - but clearly having learned nothing along the way.
please do point me in the direction of a currency which maintains as much value as the dollar, one which is held by the usa's own enemies, is the worlds reserve currency, the defacto currency when a countries fiat currency collapses. in fact why do not you tell me what is so unsuccessful about the us dollar (aside from inflation, unless you're a sub 1 year investor who thinks that 2-3% average inflation is bad)
you mean when it pays dividends to stake? still sounds like an asset.
sold and held are different things
i agree ownership can really set the tone. elon does set a high expectation of productivity in his companies, but as a former employee i can say his reputation is that of a toxic and abusive leader.
watch any long interview with the guy and it is clear that he knows his shit. if you think he is just swooping in and taking all the credit you've probably only watched 15 second news clips of him being awkward.
yeah i don’t thisagree. i just think it’s worth countering the bad arguments when you can. not for the reason of convincing the poster necessarily, but so that other readers can see opposing arguments and do what they will with that information.
you shud ignore kids age of 5. 😏
yeh i know what you mean. they only make themselves look more and more out of touch
excellent. see you soon!
yeah but we cannot all be 200iq like yourself. i'm just an ape
then there wouldn’t be a need for the mod to comment here at all on half wits who think it’s completely acceptable.
i picked the wrong day to stop sniffing glue.
i’ll gouge yours if you gouge mine
i do not know what that is but i'm afraid to google it
trust me, you do not wanna go there
it’s at .35 i have no idea why you would think you’re an idiot other than saying that. that’s massive gains.
why do not you agree with it? i have my reasons too, but i'll tell you mine if you tell me yours first. i do not want to influence your answer. i'm not a regular reader of r.
kucoin has several xrp trading pairs. definitely not as easily accessible as something like uphold for fiat buys though.
not really. it's deflationary supply, first mover and first community to address all the problems i mentioned, in premise. having the best solution vs a working solution is not a huge issue, necessarily. bitcoin has shown resistance to change for change's sake, but the network has successfully adopted critical updates as well. right now the narrative is store-of-value but bitcoin is also a catalyst for people to learn about and buy other coins. it's usually the first crypto people hear about and that explains why the entire speculative price market follows its movement.
fine. edited my comment. smh
> still sounds like an asset you mean an investment? cash is an asset too.
indeed. like, vitalik sold half and did not sell the other half
generally agreed, but this community seems more about hype and team loyalty over technology or adoption. i’m mainly here for the shitposting at this point, since i’ve given up on most of the ‘community’ at large.
are you feeling manipulated?
the mod commented on the dick word, not the overall fact that op added a small text section in title.
i picked the right day to start
you sir have got yourself a deal
do not be, it is [totally not gay](
yeah but make it the redheaded step sis, she is hot
but-but… i want to be a billionaire!
have faith my brother have faith
because i want to buy it and cannot, lol. no, but i mean i get it. if the sec is going after ripple for selling what they deemed to be illegal unregistered securities, what's keeping them from going after apps who openly traded them as well. that being said, from what i understand (and i'm sure someone will come along under this comment and correct me and *that is totally fine with me, i encourage clarification*) ripple repeatedly asked for clarity regarding whether or not it was a security and the sec did not clarify. then, after 7 years the sec decided to file this lawsuit. it just seems... slimy. thats how i understand the situation, and again *if anyone had more to add or i have the wrong idea of the situation please by all means correct me*.
bitcoin is capped at 7 transactions per second due to its limited block suite, has extremely high fees, and is a very slow coin compared to even doge you don’t need to go into a ton of mental gymnastics, it’s just technologically not a good coin.
yeah, i think that a lot of the technical posts will continue to migrate over to r. with the huge growth of this sub, migration from wsb, and the financial incentive i’m not surprised by the general level of thiscourse. it’s made it harder for sure to find the quality, but for me there’s still enough to justify coming here and engaging.
except that dick word is what made the whole text addition so problematic.
that's gross. can i stay and watch?
someone hodl my hand first before i click
i wanna be a billionaire so fucking bad buy all of the things i never had uh, i wanna be on the cover of forbes magazine smiling next to oprah and the queen
in premise, lightning network could address that if it became a compelling need. from the context of security, low tps has proven to not be a long-term risk. the fact we do not see demand for new ln nodes does not mean it is not a growing or profitable niche within the bitcoin network - just that people putting their money in bitcoin are not particularly worried about tps at this moment.
plus, everyone needs shitposting communities now and then to blow off steam. i hope nobody posting here actually takes themselves or their opinions seriously. totally agreed on the more focused subreddits to get more engaging thiscussion, but still have a lot of the team sports mentality to fight though.
many here took time to state they have no issue with it
but the lightning network comes with a shit ton of issues. you need to fund payment channels with every individual, or go through some kind of routing shitshow that might freeze your funds and is becoming more and more centralized as the days go by. why use that when you could literally run cheap transactions on native blockchains for bitcoin cash and dogecoin?
as far as the tribalism, i agree with you, i feel like it’s not monopolized by any particular subreddit, just an aspect of human nature we have to contend with. although some communities are worse about group think no doubt.
sounds like your friend is not mature enough to take responsibility for their actions. it sucks but i wouldn't chase their approval. instead teach me good ways to find solid investments. my dyor game is weak.
he's ashamed and embarrassed. it's not really about you. his self-anger is boiling over beyond what he can cope with at the moment. he's not doing this *to* you, he is just licking his wounds.
if a friend is gonna pull that shit. then they never were your friend to begin with.
so you tell him to start dating... and he decides to clean himself up and guess what , he finds a date ,who seems too good to be true. he goes in head over heels ,blinded in the expectation that he is going to be happy ... until he gets dumped. and now he is sour, embarrassed and ashamed. but would not admit it. so he rages and blames you for telling him to start dating in the first place . your friend needs therapy. and needs to learn to take responsibility for his own life
wtf. he was a victim of some shitty crypto youtuber shill and then blames you for it? some kind friend he is huh?
moral of the story, you lost a shit friend. you actually won.
this is literally why i never tell people im *that* into crypto, unless they are into it themselves.
i'd thisagree with your moral of the story my friend introduced me to crypto at btc ath i've definitely lost quite a bit of money because i was in it at the all time high but i'm not mad at him . i'm still thankful he showed me to this day .
that's remind me the guys who accuse elon musk on twitter for the lost of all of their savings.
don't beat yourself up over it. john sounds like an asshole and an insecure man who cannot accept his own mistakes. ever since i got into crypto, i have been red too but i still thank my friend who introduced me to it, it was my fault to buy stuff at ath and i would not do it again, not my friends fault.
don’t be sad, the earlier you get rid of these fake friends the better off you will be
first of all, this problem is not limited to crypto. and one should never give financial advice to anyone.
i had a friend who bought amc at the very end of the feb run. like 5k, i told him about it a week earlier and he bought it just before the plunge and blamed me for his losses. he sold at a loss.
i mean, i really wouldn’t suggest to anyone ‘a bit slow’ to start investing in crypto if they aren’t going to understand what they’re doing, you’re just setting them up for inevitable failure.
i advised a colleague, to get btc at a certain point and sell at a certain point to triple his money. he did buy, and he did triple his money. now he is a very good friend to me. however, i was really anxious throughout as i was not 100% sure. this was in 2017. since then, i do not give advice to anyone, because of the anxiety.
well, john's stupid, you did not lose much
yep i dont not ever tell anyone about crypto unless i basically buy it for them because of shit like this.
let me present a different view than the harsh darwinist take most in here have on this. you introduced a slow person to something complex and rife with risk. now it unsurprisingly went sideways and he doesn’t have the mental capacity to properly handle it, which leads him to treat you in an immature manner. honestly, what did you expect? of course, you can now ask yourself if you still want to be friends, but if you do (and many reasons can be valid), you might need to help him through it and financially recover, in order to make things right.
moral of the story: there are very few people that you should give investment advice to
i tell people i learn about crypto nowadays, and my friend got opposite faith in crypto. never had any arguement and respecting each others space of belief. move on.
what a crybaby your friend is
john sounds like he was only interested in crypto because he was desperate for money and needed a "get-rich quick" scheme of sorts.
sucks that you had to learn the hard way. i learned through a combination of tips from this subreddit and my anxieties ability to see that shit happening from a mile away. people will be people
just gather your friends together who have sided with you and tell them one day we’ll all look back on this and laugh, and then start laughing hysterically
the moral of the story is “ i am apart of the r’ll make up a post about a friend i never had to hate on shit coins”
you can lead a horse to water but can’t make them drink. not your fault
i thisagree with this, i introduced most of my friends to crypto (but i never told them to buy). some of them are at a loss for now but none is upset at me and it did not affect our relationships. i think the difference is my friends understand i am not responsible for what they do. i think it just depends who you introduce it too. it works better with ppl that can stay rational and do not have a very external locus of control. it's a really awesome feeling that i can talk about crypto with my friends
you learned a very valuable life lesson that many people learn the hard way. never involve friends or family in investments. never lend them money (giving them money is fine, but it is not expected to be repaid). 9 times out of 10 people are not willing to take personal responsibility. you did absolutely nothing wrong here and obviously it was his mistake.
i got people who i got into crypto and have been liquidated trading on leverage and they are still my friends...ya know...cause they are adults and they realize it was them that lost their money. how old is he?
fuck that guy. lose the negative energy. you’ll be fine man. dude can’t even own up to his own mistakes. uses you as the excuse. fuck em. you’re better off not wasting anymore energy on someone like that.
big reason i never try to get people into crypto and barely mention it in conversations. especially about my earnings since it will look like a get rich quick scheme and you'll get bombarded about questions about how to accomplish the same. i wouldn't call him your friend after just dropping you after this, people just like to blame others for their faults but a friend should have known it is all his fault.
be glad he would not talk to you. consider it your education cost to never introduce anyone to crypto. in fact, do not even bring it up in conversation unless you know they are already into crypto. let people figure it out on their own.
had your friend gotten rich instead, do you think he would have rewarded you for your kindness? my guess is no! maybe he wasn’t that great of a friend after all. especially given the fact he’s obviously more comfortable with using you as a scapegoat for his own irresponsible actions. new friends are on the horizon!
no man, continue showing people. i've also had some friends get mad and out of crypto, but only a few stuck with it and are actually really making money now, not just a bit, life changing sums. just for those few people, it is totally worth losing shitty friends who will not make it far in life. sorry to say op, but john is a little pussy ass bitch who cannot even talk to his "friends". he's dumb as fuck and believe me it is a good loss
he made his own decisions and isn’t mature enough to accept responsibility and grow from the experience. he watched a youtube shiller, believed them, and digs his grave deeper by erasing what would otherwise be a nice perk in crypto (having a more experienced advisor friend). i talk to people about it but emphasize just how much research needs to be done (and it is never enough) and exaggerate the risk so if they do enter, they’ll hopefully feel stupid jumping into something without due diligence. i also hardly have any irl friends anyways because they’d be the people to buy something called “elondogecumfart”
john sounds like a little bitch to me.
i dont get why people even consider investing in all those shitcoins when you can already make huge profits just investing in the ones that are established brands. like, seriously, why isnt 5x on btc and eth per year enough? how greedy must one be to risk everything because 5x is not enough? granted, i dont understand the point of leverage trading either in a market that is already volatile enough without. but thats just me. ill take my hodl gains and laugh about everyone who loses everything through pure greed.
if you're reading this john, go fuck yourself
sounds like a shitty friend. or made up. most likely the latter.
nice fake story, but the lession is real
sorry for losing a friend who wasnt a friend in first place
sounds like the most generic fake story ever.
i do not get the hate for john. if he really lost all his freakin money, your mindset gets changed for the worse. also, after that long message you replied: >"replied asking why would he do this when i advised him otherwise. i got no message back" the guy just lost all his money and you come back with an arrogant "told you so" response? what else did you say? i'm not saying john is in the right, but give him some slack. if he is still in the same friends group and you guys were actually friends, it will turn out good and gonna be friends again. if not, then he was not really a good friend to begin with and you are better off without him.
you clearly warned him for the risks and he got greedy and blindly followed a random youtuber hoping to make a quick 50x profit. it's 100% his fault and not yours and he is just looking for someone to shift the blame because he cannot accept the stupid thing he just did all by himself. in the long run this might be the best for you even if you where his friend it sounds like this guy was not truly your friend if he is so quick to pass the blame on you completely and turn your other friends.
i lost thousands in a scheme when i first started and refused when the friend who got me in offered to repay me some money. very bitter pill to swallow but that was 2019 so i bought btc at . moral is to stop and take in your surroundings instead of placing blame. oh and that friend does not talk to me anymore :)
sounds like he was a dumbass "friend" good job cutting the trash from your life.
sounds like this guy had pussies for feet.
keep introducing to friends and family. this john guy is not a friend. i was introduced to crypto in 2017 by family and i lost a lot of money too in 2018, but i never blamed my family, becuse i knew it is my decision when i buy a coin or even invest in crypto.
so basically you pushed someone who was unwilling, who you think is slow, into investing in volatile assets on a market full of pump & dumps and bad information? dude... your actions are harder for me to comprehend than his are.
agree with you. let them see your results and beg you to teach them. lessone learned for you.
of course it is 100% his own fault for ending up losing everything. but... on a sidenote, personally, i'd never encourage anyone to start investing in anything, to avoid outcomes like this. just my personal opinion though.
yeah man it sucks i'm sorry for the friend you lost. my more experienced investor friends never share too much, i might get a little tip every once in a while but i always got the hint that something along these lines might happen frequently. also: you already knew he was 'a bit slow' so you kinda gave a toddler a gun. i gave some advice to some newbie friends and i just do not feel good tampering with their finances i dont want the responsibility
check in on him when you can. suicide rates are insane... we've seen a years worth of suicide attempts in the past 4 weeks. i wish the best for john and the relationship you share with him. it's so sad to see people risking way more than they can afford to lose :( i hope the best! <3 edit: i think from reading this you really care about john, i hope you do not get thiscouraged if john does not want to respond back. i hope in time you continue to persist with the friendship you want to have. keep taking the high road and always show the love for your friend even in the roughest of times. again, i hope the best <3
yeah man, you really fucking fucked me. stop texting me.
it's easier to blame someone else than it is to take responsibility yourself. i'll always answer questions about crypto to friends and family who ask but i'll never try persuade anyone of anything (not saying you did, sounds like he wanted in and you simply answered his questions). i'm setting my mam up with a £50 a month auto buy on bitcoin as a "potential" savings pot this month but have made it very clear it may or may not go down before it goes up in value.
man there are a lot of sad lost friendship stories on here over crypto. you did more than most ppl would which is warn specifically about aping into shitcoins. this person is not a mature adult. you did nothing wrong and there is nothing more you can do.
i would say you are better off without him. now all friendships are meant to be and do not beat yourself about it. you did your best and if he chooses to do what he did. it is all on him.
you sound very young. your friend obviously was not your friend. let him be and move on. he showed his true colors when he blamed you and cut you off without speaking to you. took no responsibility for his own actions at all. you do not want friends in your life like that so it is good he removed himself from yours. you mightve suggested crypto to him but he came to you on his own and did not listen to your advice. some people have to learn the hard way.
sounds like . there is a reason everyone always says never to introduce anyone into crypto that you know. my advice for your other friends is 'make it relatable'. don't explain it in crypto terms what happened, but relate it to their own profession or investments. for example, let us assume your friends with a jeweler. your friend came to you wanting to invest in watches, since he noticed that is a very profitable investment strategy. you explained where he should buy them and recommended to stay with long-standing established watch makers from switzerland since they offer reliable and profitable watches. the following month your friend stops speaking to you. turns out he saw a facebook advertisement for knock-off chinese rolex watches which promised to be exactly the same as the real ones, but 90% thiscount. he bought them, but they fell apart immediately. lost all his money. he did not listen to the jeweler's advice, he did not ask him anything before buying the facebook replicas, is it really the jeweler's fault for explaining how to buy a watch? he was an idiot since you never give other people investment advice, but you cannot really blame him for the friend making terrible decisions all by himself. take the crypto element out of your explanation.
that sucks man, but this is why i don’t talk to anyone about crypto, one of my best friends has dabbled with small amounts and that’s all he will do as he hasn’t got the money to invest, or rather he won’t risk it. that’s all on your ex friend, though a true friend wouldn’t blame you.
well this is what happens to a lot of people which is why when you talk about crypto you have to advise people of all this shit around it and number 1 teach people if it goes down you will loose if you sell but holding over a long time has so far always generated a return so don’t put in more than what you can do without for at least a year or two
consider yourself lucky, john showing his true colors better now then 10 yrs down the road when crypto has benefited you in big ways.
fuck john. he does not deserve you.
if your friend does not talk to you over finances, and especially after you warned him of scams etc. he was not your friend in the first place. i'm so sorry it took you ten years to find out.
never mix friends. this is the kind of shit that happens.
when a friend or family asks me about interest in crypto. i first access what they know about volatility and what they know about crypto. then depending on that i vary my explanation into how much you should invest and which coins i consider good and what to be careful with. speculating is like playing the lottery. and have at least 50% in safer coins like btc or eth. basically do my best to teach risk.
hahaha fuck that dude
all i can say is, wish i had a friend like you to spend so much time educating me on it 🤣
is this a re post
everyone is correct. this guy sounds like a real asshole. you told the guy what to do and he didn’t listen and now he’s mad at you. either 1 - he’s an ass and you never talk to him again or 2 - he comes back around eventually and apologizes.
it's a story as old as crypto some people do not have the resolve to learn frkm losses and persevere to gains some people jjst should not invest period
i hope you used a refer a friend link and got some free coins out of it at least
that dude was not ever your friend.
lol your friend sounds like a dummy anyway
weird dude. know some people who lost money on doge and shiba. i warned them, they didnt listen because "crypto is just gamble money and 'playmoney' anyway", they lost money and now think every crypto is a scam like those shitcoins... so yeah, some people just dont want to learn
did you hold a gun to his head at any time?
this is john. stop writing about me on the internet after you lost all my life savings.
the real moral of the story is: “no good deed goes unpunished.”
that guy is an idiot and you did nothing wrong. you were helping him and tried your best to resolve the issue. if he cannot even take responsibility, accept defeat, and communicate with you, he seems like a huge pussy and i wouldn't even bother talking to him anymore.
money and friends is risky. and it is particularly risky to try to give friends financial advice. you can teach people the mechanics of investing, how to open an account how to transfer money, etc., but you cannot teach them common sense.
this is why when people ask you for financial advice, the key word is "diversification." diversification always works no matter what. so you say eg "you must invest in doge!!!!! but remember to diversify." also the best return on investment is getting a vasectomy.
shit people go all in for shitcoins.
no one needs friends like that. 👋🏻
you are better off without him dragging you down. tons of non fucked up people in the world that needs non fucked up friends.
not everyone can do crypto, and if you introduce someone to crypto you will always get the blame if they get scammed or lose money, but if they become rich, ofc they just awards the merits to themselves, never indroduce people to crypto
i upvoted because of your edit. just making room to get the right people around you
while it might be easy for us to say but i think you could be glad that such a person no longer makes part of your life. for now it would be related to crypto, in the future he’d blame someone else for another “investment opportunity” so don’t bother feeling bad about it. was glad to see the edit on your post, keep it up and stay positive!
dude i lost a friend that was there for almost 20 years (i'm 30 now) over 50. please leave dumb people to their own stupidity. it's called natural selection. don't regret, if he was smart enough he would blame nobody but himself. cheer up lad
dang...rough story. maybe someday they will reach out. guess it will be up to you whether of not you let them in again.
if the story is true, then john is nothing more than idiot and you should check yourself why you care about the idiot.
john is an asshole as well as an idiot
"he is a bit slow" so why teach him about a super complex topic and a volatile market? some people are just not supposed to get into this!
on god fuck that baby back bitch
he is just butthurt and should blame himself. apparently he doesn’t want to take the blame for his own stupidity
john wasn’t a real friend. your better off without someone like that in your life. if it wasn’t crypto it would have been some other problem you would have been blamed you for.
bro do not worry about it. my friends got me into crypto a while back and i lost 2000 euros. i do not blame them. i knew the risks and i bet anywayz. on the contrary i make "fun" about it telling them "you assholez, i might gonna have to sell my kidneys"...anywayz they also lost a shitload of money so...moral of the story is that you never bet life savings or money you cannot afford. i am sure your friend will clearly see that you are not the one to blame so give him some time.
it's fucked, but money business should stay away from friends and family. if it goes well, everyone is happy. but if it goes bad ... people cannot handle their emotion and admit their mistakes
if it had not been this, it would have been something else sooner or later. count yourself lucky to have him choose to leave instead of something more ... confrontational happening later. still, i'm sure it is a bummer. . . best of luck.
# the road to hell is paved with good intentions
"you got off cheap, forget him". - sonny (the bronx tale)
fuck him you warned him of the dangers of investing in shit coins.
i am sorry to hear about this... i mean 10 years!! to me, this isn’t a true friendship but i just feel bad after reading this. stay strong, you didn’t do anything wrong!! and thanks for sharing with us your story :)
"a friend"(i known many friends in life and im fearful of new ones) be glad you did not teach him to drive a car, because if he crashes he would fk you
john's an idiot and is refusing to accept what he did was his own fault so he put it on you when you clearly told him not to do what he did - fuck that guy. find a better friend.
friendship is like a fart, if you have to force it, it’s probably shit 💩
> the moral of the story is do not advise people to get into crypto, or tell them what to invest in, friends or even family, because when shit goes south the first person they will blame is you. honestly this applies to everything. i teach free courses on spirituality and i do not even try to get my friends to take the courses (free) because if they are ready, they will find it. i find trying to get others into things you are into only works if they initiate showing the interest.
john has not lost his money, he lost a friend.
great. better to find out they are idiots and unwilling to accept responsibility for their own actions before it affected you adversely.
john is the type of guy who wouldve stuck his dick in your girlfriend at the first chance he had
sounds like a grow man not taking responsibility for his mistakes
stop, that’s all on him and stop beating yourself up over his failure!
don't try to get stupid.
john feels shame and guilt, and he is going on the defensive.
guy sounds like an idiot, also sounds like he’s not really a friend. i would forget about it. surrounding yourself with people like that isn’t worth the effort.
if he can’t take responsibility for his own actions that’s on him not you. he doesn’t seem like a good friend before or after this incident - count your loses and live a happier life free of john’s bullshit.
hahaha what a clown
sounds like john took the same approach to wealth creation as he did to life in general, e.g. the path of instant gratification through the thrill of dopamine addiction.
his mind is unable to admit he made a mistake. it needs to put blame somewhere else as it is too painful to accept. you're the somewhere else.
you said hes a little slow...probably never "got it"
sounds like john did you a favor.
sounds like john is not only a dumbass but also a shitty friend. keep doing you brother
what if the real shitcoin is the friends we lose along the way?
this is why crypto needs to be banned and all community's closed.
i have seen the same story in this sub before
there are much worse ways to lose fake friends. cutting people out of my life is like a game to me these days. y'all should learn that skill in a hurry. if it is not making you happy, if it is not making you money, or it is not making you cum, it is not worth your time.
*the road to hell is paved with good intentions.* i think this phrase quite applies here (as well on other contexts too of course). there are two very important things i have learned the hard way in life that it seems literally no one tells or teach you. both are directly related to what happened to you. and i am also sure you will see it in many other experiences through your life both on you as well on others. first one is that nothing good tends to come from deciding by yourself to help people that did not ask for help. this applies too and even more to the ones that really do not want to be helped (even despite what they may or may not be actually saying out loud). most of the time in the end, it ends bad for both parties involved and creating a mess, trouble and even damage that wouldn't have happen otherwise. good human beings feel an inner feeling and compulsion to help others and also share with them all the stuff and things we find useful or good for ourselves. and although this is in essence and theory a very good thing, in practice it ends being a very big cause of trouble. one of the reasons of this is that many times we end literally imposing to them a help not asked or wanted and. this last thing i said connects directly with the second thing i learned the hard way. most people do not seem to be prepared for a lot of the things, knowledge and understandings we may know. this also connects with them not being actually interested in them. we always tend to forget that what we see, know and understand only is clear, makes sense and is understood under our own life context. many of the things we know, understand and see crystal clear would not make sense or be actually really understood by the other people we told them despite them telling us they do or even them showing apparently that they do. but the truth is that most of the time they do not. so we end passing knowledge and information with possible unwanted repercussions to people that is not prepared for it. something that sadly we usually do not realize or even make a blind eye because of our selfish and ego related inner need to share the information. i think this summarizes very well the quote i started with as well as what happened to you and your friend. sorry about your experience but realize also this things allow us also to learn valuable lessons about things that like i previously said, no one teach or tell us about, and hence create situations we are not prepared for or anticipate. also sorry for the wall of text. edit: grammar.
this post reads like a load of dogshit
by his logic, he would have blamed you if you had taught him how to drive a car and he had injured himself by crashing into a telephone pole.
sounds like a fucking dumbass?
well, at least you know the reason this guy stopped talking to you (even though it’s not your fault). a best friend of mine who i knew for >10 years since high school and shared many things together including our journey of studying abroad (germany), suddenly from no where earlier this year decided to stop talking to me. and when i asked for the reason, he was rude and said that i lack respect to him and refused to point out where was the lack of respect (there was never such “formality” between us and we hadn’t talked for a long long time). i know what your feelings about this, but fuck it, life is short to care about a person who removes you out of his life like this. just don’t feel guilty and by time this would hurt less. cheers 🍻
it feels bad because he is been a part of your life for 10 years, but that does not mean he was truly your friend. real friends do not pull that shit.
a friend of mine spent countless hours dragging my noob butt through the basics, steering me to good resources and sources of knowledge, and sometimes answering the same damn question from me a dozen times. she gave me knowledge, not financial advice. i’ve lost some and made some-that’s just the world of speculative investing. even if i’d lost everything - i only put in what i could 100% stand to lose. the gist of her time and knowledge was a true act of friendship and i’ll long be thankful for that. look for the people who appreciate that honestly shared knowledge is empowerment, not those that blame you for their own dumbass mistakes.
what kind of childlike bullshit is this? does he blame you for breaking his tricycle too? he did a dumb thing, take responsibility for your dumbass actions, learn and move on. honestly man you’re better off. as you learn, and grow you’ll make better friends. never forget, you’re the average of the 5 people you hang around. this guy catching a fit of the whiny might be one of the best things that happened to you in the long term. take stock of who immediately sided with him and cut them out too. be a ruthless barbarian about this. you’re life is to damn short to be around losers. go forth, find smart and gutsy friends, and crush it. go live in the world with an open chest. don’t be afraid. (why does this box i’m standing on have the word soap written on it?)
all the “and they were never really your friend to begin with” plus, if you’re doing it as a hobby, you don’t do it with money you’ll miss if you lose it. i’m doing crypto (and meme stocks) as a hobby, but it’s in smaller accounts completely separate from my saving and retirement accounts. that’s a bit of advice the friend either didn’t hear, or didn’t listen to.
that's not a friend yo
your friend sounds like he does not have two brain cells to rub together.
you: gave friend risky financial advice. you: i did nothing wrong. don’t do this. even the safest coins are still very risky speculative investments. if you really want to help a financial newbie teach them how to open a brokerage account, set up an ira and purchase shares of spy or something.
the edit is good. sounds like your friend is an idiot.
the moment the price of a coin drops they hold it against you. or at least bring it up all the damn time as if you have any control over the price. nevermind them studying , researching , learning the fundamentals of a coin.
thats why you invest by yourself and dont try to steer others into it. it never ends well.
i had friends get salty with me after the 2017 crash. i told them to stay away from shitcoins. they told me that it was a mistake and i replied that you should only buy what you believe in and are willing to walk away from. 2020 rolls around and now those same individuals are saying great things and i still tell them not to buy shitcoins.
john did not do good own research fuck john
good. he sounds like a shitty person and got what he deserved.
lol sounds like he got fucked. personally i think it’s hilarious and you wouldn’t want to be friends with someone so irresponsible anyway
well, i have to say that when cryptomarkets reached 1t marketcap i stopped talking about it to everyone... people went crazy calling me asking if they shoulda buy and i always say what i say: "what do you think i'm i? how should i know? if it goes 5x from now, please dont buy" and in the end they only ask about shitcoins... people suck
yep, been there. friends and family wanted to start a group chat on stocks. i fell for it. they never want to share or do work. i tried for a few weeks to engage but it felt like i was talking to myself or the topic almost always went to memes and sports.
here's where you ask yourself: was he ever actually a friend? or was he someone you just knew from college and the relationship kinda carried on.
so he in his mind was legit gonna make 50x his money and dint wanna share the opportunity with you? if he decided to bring you in and hook you up with this amazing deal too like you were trying to do by introducing him to crypto to begin ith then you could have looked and told him before it was too late but instead he wanted t get rich without you and decide to not tell you and ended up broke.
congrats. you got rid of a rubbish friend and it cost you nothing besides your time. not everyone gets to get rid of toxic people that easily.
you shouldn’t have time for people like that in your life anyway, let them remove themselves from your life it’s whats best and frankly you don’t have to be the one initiating it so even better. shitty people will always reveal themselves eventually, you just have to give them enough time for the mask to slip off. try to realize if he’s the type of person to throw you under the bus like that he would have done it in another way next chance he got. cut people like this loose, always, and don’t look back.
i read this in a comment above and thought, john is one hell of an idiot and this is a blessing in thisguise. "yeah, a few of them have sided with me but the ones who know jack shit about crypto are telling me that its my fault for getting him into it" the ones who know jack shit about crypto, are just as naive as john, who literally ignored your advice against shit coins and scams. it''s john's dumb ass decision to take the advice of a person he never met on the internet, over someone he has known for 10 years and cared enough to teach him the basics. if you have to make a social media post to address the circus he created, include that, but it is not your circus and not your monkeys. op this is not a loss, this is the trash taking itself out, someone who possesses this kind of bad judgement should not be investing nor should they be in your life. i know it sucks, but it is one of those life lessons with a silver lining. *edit* odds are john is mad because he was thinking he could get rich quick and then rub his success in your face by proving you wrong about "shit coins"
you also need better friends and not shit brain friends. i’ve introduced a handful of people to crypto and my brother got his girlfriend into crypto just as everything peaked. literally the day before the crash happened across the board. just like you i was very upfront about how the market is in a bull run, it can drop at any time, here is past trends with no guarantee it will happen again and it’s just like any other investment, it’s risky. never use money you can’t afford to thisappear. so far so good.
easy, i just do not have friends!
just because he is been your friend for 10 years it does not mean he will be for the next. people change and make new like-minded friends. having said that though he may have blocked you because of embarrassment or that he does not want to be lectured. cut him loose and make smarter friends that are worth your precious time on this earth.
i know a lot of people, they are not all my friends. john was not your friend. you are better off.
sounds like john not being around improves the ratio of dumbass that surrounds you
life lesson : don’t try to get your friends or family into anything. in every sub there’s a guy or gal asking, how can i get my friends to go vegan like me? how can i get my friends to be frugal and save 70% of their take home pay like me? how do i get my coworkers into keto? how can i get my parents to understand google is listening to everything they say and use quit using chrome? stop! unless someone is harming themselves or others (to a degree where law enforcement or mental health professionals may soon be involved), let them live their life. even if that means that they believe differently than you. if they want advice, see life lesson . life lesson : point people in a direction but never be their guru or mentor. it seldom works out well. my wife will be talking to one of her friends on the phone and ask me, “sue wants to know if she should buy apple. is it a good stock?” i always just say, “it’s been good for us. but we bought it a long time ago and we’re up xxx%. maybe it keeps going up, maybe it doesn’t.” then my wife shoots me a dirty look for giving an evasive answer and i shrug my shoulders and go back to watching tv. lol. because if sue buys aapl and it tanks tomorrow, she’s going to be pissed at my wife and then my wife is going to be pissed at me. and what benefit is in it for me? nothing. that’s like spinning a roulette wheel where if you lose you pay double what you wagered, and if you win, they keep your winnings. i own some coins. but i don’t talk about it. there’s no upside. if they have an interest, they’ll get there on their own. if they don’t have an interest, and i, in any way, advocate investing in crypto, they’ll blame me for their losses. and, in my experience, the people that don’t do their own research and just want someone to tell them what to invest in, are just trying to make a quick buck. it’s fomo or get rich quick thinking and those people have a high potential to become toxic when things go south. i know it sounds like i’m a jerk. lol. but i’m not. if someone came to me and asked me how to do something, i’m more than happy to help them. but both life lessons above are about telling people what to do, and that’s where my 50+ years of experience on this earth tells me that it’s better to stay out of people’s personal business.
my so dreaded the day when his buddy finally asked about crypto but after some very good boundary setting between them (i.e not your advisor, dyor, if you want a second opinion feel free to ask) they are doing alright friendship wise. i hear them occasionally meming on chat and it is just nice that this one "hobby (?)" brought them closer.
i think he is just embarrassed not blaming you. still very chilthish.
he is never your real friend nor he is a real man.
something i've learned in life, do not chase people. if someone wants to be in my life, that is awesome and i'll bring them in. if they want out of my life, that is fine too, but i would not be heart broken. if a very small incident makes someone not want to be your friend anymore, then they have not been your friend for some time. it's like in a marriage that is ending. the marriage was over long before lawyers were brought in and a judge nullifies it. if you want to come in my life, the door is open. if you want to get out of my life, the door is open. but please do not stand at the door, its blocking the traffic.
that absolutely sucks. but at least he can go back to video games and jacking off again to save money back up again. but really… sounds like he was a shit friend anyways and it really puts i to perspective where he viewed your friendship vs where you viewed it. hope for his sake that he grows up and understands, and maybe apologizes and tries to rekindle the friendship (at which point you can decide if it’s worth it). but in the end you’re better off shedding that from your life for now. good luck!
that's why i keep my shit for myself unless someones is already interested and asking me stuff and i would like to assist.
sounds like you're friend is a bitch
this is why you do not listen to anyone on youtube or reddit. they are trying to get everyone to do something so they can cash out with big money. use the rest to your advantage. the american way.
i'll be your friend. what's up bro?
i do not even tell people i have crypto, real live people i mean. for these reasons.
don’t shrill your friends on crypto or investing. just don’t. if they want to invest i just give them “a random walk down wall street” and say read that, that’s what i do. and then that’s the end of it. if they ask you about investing further just say you invest in index funds and move on. if you want to retain friends don’t get money involved.
it's alot easier to forgive someone for being wrong than it is for being right - dumbledore
friends come and go. he is clearly lacking 1. the judgement of what to invest and what not to invest and 2. the ability to do research on a subject and 3. the critical thinking to understand what contributed to his failure, which in this case is his own stupidity and the youtube scam, not your advice. i wouldn't mind letting this kind of people walk away from my life because i deserve better friends.
your friend is not a friend. i can garentee he is & has been slagg8ng you off for those 10 years. i had a 'mate' just like this.
lol id rather just not have john as a friend. he seems more than a bit slow and a terrible person at that. don't surround yourself with people who are pathetic losers, to put it bluntly. lifes too short for that. your level of success and net worth reflect the five people you spend the most time with. this guy has the crab bucket mentality and is trying to pull you down to his level. don't let him pull you down there...
crypto is so extremly volatile, i would never, never, never ever advise someone "to get into it". there are so many better and safer ways to invest money, like etfs and so on. if you like gambling, go crypto, it is high risk high reward, but do not encourage someone to invest into it. i mean, yeah, you told him to stay clear from it, but still, you encouraged him in the first place so... i can see why he is pissed at you.
i believe everyone would have been introduced to crypto by some friend at some point in life. my friend introduced me to cryptos as well. as the op did he was particular about explaining the risks. it is a roller coaster so sure to put only what you can afford to lose. even then i tried to research on my own and put money into what i believe. i did put some in btc on its way up and hence in the red at the moment but i'll never ever blame my friend for it. in fact, i'm thankful to my friend as crypto is the future. i have a feeling that your 'friend' will hate you more once crypto starts rising again.
your friend is obviously in the wrong. but from his point of view you enthusiastically encouraged him to start fucking around with crypto for years. you made the crypto space seem like this land of opportunity to him. yes, you warned him of shitcoins, hence why it is on him that he did not heed your advice. but you mentioned he was put off about the shitcoins when you mentioned them to him. why do you think that was off putting to him? sincerely asking. because if it was the first he was hearing about that side of crypto then he may have been a bit shocked since previously you had only sang the praises of it (unless you did not). it's possible that in his head you set up a rosy view of the crypto space that brought him in only for him to be surprised about the sharks lurking in the water. if a person already does not really have the wherewithal to thiscern shitcoins from legitimate projects then they are the last person that should be fucking with crypto right now. you mentioned he was a bit slow. did you ever think that might mean he would struggle to thiscern the difference between legitimate projects and scams? a warning wouldn't fix that since you are not holding his hand 24. this does not change the fact that he is ultimately responsible for his decisions here. i'm just saying it may be understandable that he is upset with you, even if it is mostly driven by his own self-shame in getting duped. it sucks to get taken advantage of. nobody ever asks for that. it feels like being betrayed since you thought you could trust someone. i've never met anyone who handles that well. i think it is totally possible you two will be friends again in the future. but john obviously needs time away from you since he will only associate you with the "hobby" he fucked up and lost a bunch of money in. it's not your fault, he just has to work through his own shit.
crypto is a ponzi scheme.
>i replied asking why would he do this when i advised him otherwise. in other words you said "i told you so." you rubbed his face in it, and you expect him to treat you like a friend? something i learned growing up -- when someone's done wrong, never ask them why. there's no good answer to that question, it only shames them.
sounds like you did not tell him what to invest in at all. just what he should not. sounds bad but he seems like the kind of person you'll eventually be glad to not be in contact with.
this is like teaching someone to drive and then they get drunk and crash their car and blame you for teaching them to drive.
you broke the first rule of fight club.
currency of the future.
seeing as you just got into crypto yourself a few weeks ago (based on your posts), you probably were not the best person for him to turn to. his fault but you should have pointed him to other resources.
honestly it sounds like you're better off. if he wants to waste your time then ignore any and all advice only to listen to a youtube stranger then good riddance. he was not a true friend.
probably will get buried in the comments but i have a simple rule of thumb with my friends with traditional investments (which would work for crypto as well). i tell them flat out i will not tell you anything about what i invest in or what you should invest in but i’ll answer absolutely any questions you have about investing happily and let you make the decisions from there. i mean he still ended up blaming you for something you didn’t do, so this wouldn’t have helped. but i def never advocate for investing, let alone crypto
there’s a saying when it comes to investment. if someone does badly at it based on your advice, you’ll get the blame. if someone does well, they praise themselves for taking your advice. .
people associate connections things with what is real to them. crypto was associated with you. he got very hurt by crypto and thereby felt it was hurt by you. he was too new to crypto to have other associations with crypto so instead it was just you. when he was hurt he wanted to cut everything to do with crypto. so he cut everything associated with it which includes you. ' with time he might break the association and remember other parts of you but my guess is you are closer to him then he was to you. in other words he was one of your best friends but to him you were a friend.
ah yes. what everyone wants to hear after losing all their savings - "i told you so". is the autism leaking from wsb?
you said your friend is a bit slow and that he does nothing but play video games all day long, and you still advised that person to get into something that requires a lot of dyor and responsibility? and then when he lost everything to something that you wouldn't fall for instead of showing compassion you wanted to make sure that he wouldn't blame you but to recognize that it was something that you had advised him not to do? it's obviously not your fault but i can understand why he does not want to talk to you, someone has to be blamed and it is better if it is you and not him i guess.
you have nothing to feel bad about. like feeling guilth about bringing someone to mcdonald’s and then they eat it for a year straight and get fat.
hey man, this is utter bullshit. i’ve got friends who are helping me get into trading and i’ve both gained and lost money along the way. i took a 1200, but i told him to shut the fuck up because he has no control or responsibility connected to my money and the decisions that i make. if i make a bad call, it’s because my dd wasn’t good, or i got hit with a fucking offering overnight, or a massive list of other things that can always go wrong because we’re basically gambling. if you’re getting into crypto and you start falling prey to shilling, man, it sucks. but i specifically only have long term holds on certain coins for that reason. you have to work around all of this bullshit and scams and make sure that you protect your money. there is opportunity to make it big, but people get lost in the emotion of thinking that they’re life will change overnight. and it’s possible, but it can also change in the reverse direction if you’re stupid. your friend needs to ducking get over it and realize that he made the mistake. it’s super shitty to put that on you, especially after he was warned. best of luck brother, keep on keepin on and i hope everything goes well and your buddy somehow gets rich too. that’s what we all want, for the homies to be on the come up with us.
man…i wish i had this kind of help. for some reason bitcoin is something i should absolutely be across but i can’t even get to the point where i have a wallet with .
you'll be friends again by the end of the year.
did you tell john about the fiat money you made? if so perhaps you arent as blameless as you think, or worse, you have lost sight of cryptos true purpose. investing. you can tell friends about alternate monetary systems, p2p digital cash, permissionless decentralized money, and i dont think any of them will blame you for their experiments with a new technology.
"the moral of the story is do not advise people to get into crypto, or tell them what to invest in, friends or even family, because when shit goes south the first person they will blame is you." nah bro, it is not your fault. all you did was tell them about something - it was their own choice in the first place whether to listen to you or not. it is still their choice whether to invest or not, and it was still their choice to blame you or not. it is always been their choice, they just happened to make the wrong one. gotta steel yourself with the thought that john (and maybe your mutual friends who believed him) would not be your friend anymore. it sucks losing a long friendship like that but if he was stupid enough to follow a youtuber, get pump and dumped, and to blame you, then maybe he was not as good a friend as you thought. you'll heal. find better friends in the meantime.
was it john appleseed? at least go with a better name before you decide to farm some moons
john is a dick. you did the best by teaching and warning him about how dangerous shitcoins can be. if he’s doing this to you, you didn’t lose a friend, you got rid of a close asshole
imagine if he really 50x his money... that would 100% not be because of you ;)
just wait until he hears about mlms
let’s hear john’s side of the story, there’s two sides to every coin. in my experience people are usually less irrational than portrayed by one side of the argument. maybe john just doesn’t like you, maybe you have a glaring personality flaw that makes you toxic or annoying and folks are finally getting tired of dealing with you. maybe you’re obnoxious for reasons completely unrelated to crypto. who knows. maybe after a guy makes a mistake and you literally rub his nose in it, “why would you do that after i told you specifically not to”. he might be tired of your holier than thou, i know how to do this, i’m smarter than you, you should have listened to me and this wouldn’t have happened - attitude. even “slow” people can get offended and no one likes to deal with a know it all, even if you actually do know it all, people find that incredibly annoying if you carry yourself as smarter than everyone else on a topic or in general.
obviously yours is a fake 'moon mining' story but here we go... ' >***"i got into crypto a while back and i would obviously talk about it with him, encourage him to start"*** ' **tldr;** by your own words, you gave unsolicited financial advice to someone by recommending they get involved in crypto trading. now they are broke and you wonder why they would not talk to you. not only that, you are patently unremorseful of your actions. he's right to remove you from his life if only because of the way you describe him: ' >***"john claimed he was too 'busy' to invest, i.e. playing video games all day and jacking off in his uni dorm room"*** ' in case it is not obvious, you do not come across as anything resembling a friend. regarding crypto, as much as i talk about it, i would never recommend anyone get involved in trading. that's on you and you know it but i'm sure you'll find some measure of unwarranted sympathy in this bizzare echo chamber because most in this sub are as irresponsible as yourself. you feel guilt for a reason and it is because only you know the whole story and nature of your (once) long-term friend and situation for what it is. similarly unless you make some kind of amends, your social circle will rightfully form a stigma against you to protect themselves. you were doing well with your tifu mentality but you lost any measure of sympathy from me because you're still attempting to excuse yourself by claiming to have given a qualifier through extra warnings (read as "absurd cognitive load") to your (once) friend. you went out of your way to visit doom on him: ' >***" i spent countless hours of my personal time helping him learn basic things (he is a bit slow)."*** ' you knew better, you were feeding your own ego (and still are) due to massive insecurity. going by your language and their thisinterest, you were likely pressuring them. as someone else has said in this thread: ' >***"he cannot look at you or think about you because you introduced him to the worst decision he has made in his life."*** ' the worst mistake of his life: ' >***"he wanted to pull himself together and thought that crypto would be the catalyst so he came to me to learn"*** ' your narrative is laughable with obvious elements of projection being focussed on this external agent. you, like others here, are determined to be an individual of worth. if you really believe the nonsense in this subreddit along the lines of "*he was never your friend to begin with*" (especially with your thisparaging tone), try going through life with that toxic mentality and see where it leads (obviously people just want to belong to a group, however bad they are for them). you've seen the suicide metrics so, in light of that, take responsibility for what comes out of your mouth and stop advertising your (questionable) wealth and fortune. you do not exhibit any of the traits required for such a feat (then again, the same is true for 90% of people here, considering the sub's barely average intelligence as shown through posts). this place is lord of the flies made real. wake up and do not look to children for validation of your chilthishness. you are, assumably, an adult now.
why do i not believe this story for a fucking second lol
going through a similar thing with a good friend. he was doing great and trading regularly for gains until the elon post. we had seen dips before but nothing like what happened and while we know it will come back its created a wall between us.
bro why are you trying to sell people on crypto?? it’s total bullshit and you’re the prick for trying to “convert” someone with your decentralized whatever the fuck. if you had kept your kooky ignorant opinions about make believe bytecoins to yourself maybe you’d still have friends if you are stupid enough to crypto keep.it.to.yourself
you're better off without him.
1. he was never your friend. 2. you do not want friends who will blame everything other than themselves. 3. people who judge others based on what someone told them (your mutual "friends") are not your friends. in life you can have many acquaintances, but only a few will be friends. because you spoke about crypto, you are able to seed out a lot of people who were never your friends. was that really a bad thing? consider this a dip, you may feel bad now, because you lost something small, but in the long run, you are winning.
you did something, introduce crypto to him which most if not all people here said not to.
reason why he blames you but not the scam coin or the youtuber... it is because you are the only one he can cause pain and suffer on to. he knows he cannot do anything about the other two but he can do that to you. it is never "my fault" nowadays if people failed they need to find a scapegoat to blame. the old wisdom about making relationship last is never get money involved in any way shape or form.
i helped some friends getting started in crypto, but i keep telling them "dyor". have some friends who just want to ride along with me, with the research i do with the coins i buy. i'm only giving them the coinnames and let them decide for themselves. just to make sure your story will never happen to me. some people keep forgetting that you have to put in the work, and yes its easy to look up a youtube channel and buy the stuff they advertise, but that is not how this works. your "friend" losing his money is his own fault, you tried to give him a chance, tried to help him to get some extra money, yet he didnt put in the effort and work and choose a easy option for doing research. people who are blaming others for their own mistakes are toxic buddy, be happy you got rid of another toxic person in your life if they cannot see that you where the one trying to help them. you tried to do some good, and that is how at least i will remember you!
i think most people are getting this wrong. the case from the friends is very typical, he is suffering from cognitive thissonance. accepting the truth: that he fucked up, its too painy for him, so the brain wires up an alternative reality where that did not happen and puts the blame on other. he is just sick and has weak mind. and anyone who sides with him has a ceratin degree of the same problem, but they are not inherently bad people.
i get the sense you are not telling us everything
welcome to real-life. you're not a financial adviser so do not dole out advice on what people do with their money. you convinced him to invest without ensuring the safety of that investment. he may have been rash but you lost a friend because you have financial advice and now that person is broke.
good luck man. never forget this statement whenever you give someone financial advice: "i am not your financial advisor and this is not financial advice."
anyone you lost because of this was a waste of time to begin with. i’m sorry and congratulations
imagine making all this stuff up just to farm moon
everything about this community is cringe
>john claimed he was too 'busy' to invest, i.e. playing video games all day and jacking off in his uni dorm room. >(he is a bit slow). >its better to get rid of people like this now than in the future. if this is how you describe one of your best friends, i cannot imagine how you treat random people.
you introduced him to a mlm scheme, which he was stupid enough to fall for, so neither of you are blameless
your old friend sounds like a stupid b*t*h. like the previous guy said... if he is acting like that he was never a good friend to have anyway. move on and count your lucky cards you're not a gullible moron like he is.
you did not comfort your friend of 10+ years, you instantly accused them after they had come to you in pain. even if they are just covering their ass as an explanation, you two should not be friends. neither of you seem compatible with the other's personality.
someone who treats a friendship like that is not a real friend. sometimes it takes bad things happening for people to show their true colors. mass adoption requires more people to get into crypto. which is not being afraid to ever talk about it with people we know. of course advise them to invest wisely, be aware of the risks, and let them know you can always be wrong. it is possible to have reasonable relationships with that communication. i have friends and coworkers who are in crypto. we have an investment circle, have been doing it for a long time, and it works. sometimes we win, sometimes we lose, but we're always in it together.
there is always a risk, and we always must be cautious, your friend was not
any time anybody asks me about my investments, i always tell them i'm down 90% so nobody blames me for anything.
drop him like his fiat dropped on that shitcoin
good, he deserve to lose his money
consider yourself lucky to know this person was not a real friend of yours. screw him.
your "friend" is a moron and if it was not this it be something else. blaming you for his stupidity, downright idiot
not a friend. sorry.
always be accountable on your investments.
he sounds like a turd douche that expects something for nothing and that the world owes him something. he did you a favor by cutting you off.
dude sounds like a self loathing duche bag. better off without him. until he comes to you and apologizes for his actions. there is no reason to ever care... this is why many people of today’s generation does. can’t take self responsibility, and it’s always easier to blame others then look at yourself in the mirror. good riddance
hahahaha your friend got rekt dw, gonna happen more times in the future
so sorry about this, that is why you do not introduce someone to the market in a bull season
well fuck. coworker just asked about it. maybe for the best, always borrowing tools from me.
john is such a pussy
sounds like john is a massive pussy who does not concider himself accountable for his own actions. good riddance
here's an analogy of this whole situation: ex friend: i wanna learn to ride a motorcycle you: i'll teach you how to ride a 250cc cruiser (large cap coins that gain relatively steadily). avoid cliffs (shitcoins) and do not get a bike with too much power (do not invest more than you're willing to lose) you: *shows him how to ride a 250cc cruiser* ex friend: *buys a 1000cc race bike the next day because he saw a cool video of one* ex friend: *whiskey throttles it straight off a cliff* ex friend: *breaks all his shit* ex friend: it is all your fault because you showed me how to ride
i'm shocked at how many people believe this obvious creative writing piece…
both of you are wrong, he is wrong for accusing you. but you're in the wrong for continuing to push your friend into a business he did not really care about.
this might be an unpopular opinion, but let’s be real here: it’s ridiculously irresponsible to talk anyone into investing in cryptocurrency, never mind pretending like you understand ‘trends in the market’. it’s simply too volatile. there is absolutely no way to know that he won’t lose the majority of the value overnight. yes, we all believe in this. i’m diamond hands on ethereum because i believe in the basic function - as much as i understand it. that said, i would never encourage anyone to invest all of their savings in it. does your friend have an isa (or a 401k or whatever the us equivalent is)? does he have a personal pension? does he have any etf shares? that’s all a much more sensible place to start for someone who doesn’t invest at all.
yeah tbf crypto is gambling, the only reliability is that it loosely follows the gpu market especially nvidia gpu releases
you sound like an asshole
john took the wrong moral away from his experience and so did you. the moral is not “never recommend crypto”. the moral is pick better friends.
this is the type of guy that goes to a casino every other day and only posts when he wins once a month
john sounds like an idiot.
that is not a friend, that is someone that you know personally and nothing else.
honestly, you would of lost him as a friend eventually. he is the type of person that if you introduced mining as passive income, he would blame you for his dead ass computer.
i don’t mention my investments to many people i know apart from the ones who have already asked me and got into it themselves and i will give them some information but will only point them in a direction rather than tell them what to do
well damn. that just shows that person wasn’t your friend in the first place. they do say money can bring out the worst in people. you were trying to help. but that person just wasn’t thinking right. too many scams out there in the finance world. best advice? do your own research. don’t listen to those influencers or youtubers who can easily influence pumping a certain coin. i wouldn’t feel sad about losing your friend. this was a lesson.
i hope john wick is not his full name...
well, i guess the veterans on this sub weren't kidding when they said don't tell your family and friends about your crypto.
yeah man i made so much but i still never tell people about this. odds are they will fuck up and blame you
yo, john is a piece of shit. he's in a shityy situation because of who he is, not because of you or crypto. good thing he is not your friend anymore.
this is why i don’t like to talk about crypto with family and friends. only if they start about it themselves. that being said, it sounds like john isn’t to mature and a bit stupid. it’s not your fault. hopefully he will realize it someday and apologize to you.
so you never brought up on not invest iij ng what you cant afford??
keeping it a secret is the best financial advice i can give.
by the way you describe him in the intro it sounds like you already knew he wasnt a quality person though. he might have done you a favor back by getting out of your life
i suggest writing a mailed letter or, at least, an email to your friend. explain your perspective of everything. if he does not want to reconcile, that is his loss. forget him and move on. you tried everything to reconcile, so you can be free of any guilt. i agree that you did not do anything wrong and that he should take responsibility for his own finances. ultimately, sounds like he probably unconsciously knows it is his fault for losing everything. he refuses to acknowledge his bad financial decisions because it is easier to blame you. not only is he intellectually slow but he has low emotional intelligence. if he has low eq, it will take him longer to acknowledge his mistakes if he does have a change of heart.
this post gets better every time it’s posted . . . again...
i know i got into crypto and finally figured out all the ins and outs... i hated when others would ask me because i’d tell them and then they’d buy and lose because they wouldn’t know when to sell, when to buy more, what not to buy etc... like i’m supposed to call them with every move i make. i’ve gotten out of crypto for now because i make a lot more in stocks but i will never give financial or investment advice to anyone again💯
it's like you mentioned how smart it is to have a stock portfolio and that aapl has been doing well but anyway, be careful out there. then he is yoloing weekly otm calls or buying otc pink sheets or whatever bs and blames you for the loss. srsly, this is how i would explain it to any mutual friends.
keep your head up, clearly he was never your friend. so sad to hear he even spoke bad of you with mutual friends. sincerely hoping those friends have brains and will take this story for what it is: his own fault.
thats one of the main rules of crypto do not get anyone else to invest or it will end up like it just did o.o even though it was not your fault your still put to blame, same goes for stocks or any investment :p if he did pull out though he has paper hands, i would hold and shut off my device for a few years and see if its still a scam then it might pump and dump then
an infant in other words! take responsibility for your actions people!
when getting new people into crypto i always tell them that i'm not sure if they should do it, because i think it might crash soon. but if they want they should just start with some btc maybe same eth. same with stocks actually, always say the market is high right now and might crash
what did we learn about having slow friends?
to be honest, evangelizing crypto to friends is a lose lose scenario. they make money? they were the ones that made the decision. they lose money? you might just lose a friend and be blamed for it
sounds like john is a pathetic idiot. don't waste time with such people.
mate, it is his loss. fuck john & move on.
this is why i wreck strangers' lives instead. kidding aside, keep everything about crypto away from family and friends. if you want them to know about it you can just say you are into it, let them come to you and always say that is a volatile sphere and end it with an obligatory nfa.
sometimes, your long term friends just decide to be shitty to you out of the blue, and they decide to choose anything as a catalyst for it. it makes you feel like shit, but then it also makes you appreciate and be more thankful to the friends you have who don’t let their entire lives be steered by impulsive emotions. it’s possible john needs some psychiatric help (as we all do at some point in our lives) and is blaming you as a compound effect of multiple stressors he is undergoing. so while john may have deeper shit going on in his life, taking his stresses out on you is still unacceptable and quite an immature thing to do.
hopefully he does not reach out in a few months with some mlm idea.
disagree; they are just a shit friend. my friend advised me 90% of most of my crypto choices, but they are still my choices. you just gotta go into it understanding your gambling with your money. you do not take a friend to the pokies for the first time, explain the dangers, have them lose everything, then blame you for their bad choices. well, a real friend at least
stories like this make me keep my mouth shut about crypto with my friends. i'm the only one investing in crypto and i would love to be able to talk about it... but no thanks. don't want the drama
10 years from now, when crypto will be mainstream and adopted worldwide, billions of johns will "have no choice" but to go into crypto as it will be used for daily things and easy to get into. john and other johns will think to themselves "oh fuck, now i wish i listened to that friend", but it will be too late. this tells me that we are still early. ontopic: you're better off without john, op. this kind of toxic person is something you can live without.
this is why the thisclaimer 'i'm not a financial expert, this is not financial advice' is important on the bright side, your friend should be well aware of the risk going in as you warned him, so if he is not speaking to you just because of this, that is on him.
while your rich in 15 years, have that mofo deliver you a pizza!!! see if he has changed his tune by then. 😂
there are 3 sides to every story - yours, john's, and the truth. from your story, this totally sucks.
this is why you do not give investment advice to friends and family, be it about the stock market or about crypto. 🤷
i'm sorry that the experience was upsetting to you, but f john. life is all about trimming dead weight.
one less 'tard in your life
sounds like a dipshit, it may suck now but good riddance. good opportunity to trim the hedges. if they are too ignorant to understand... see ya. only my personal take, but i do not need friends.
it's his fault , do not feel bad for him after what he did. when it comes to the others , just simply tell them that he did not follow your advice and did what you told him not to do. just make sure you make it clear its his own fault to them.
i straight up tell people i do not tell them to invest in crypto because they are going to ignore me telling them to buy when it is still cheap and then fomo in at the very top and lose a fuckload of money. i told my coworkers to buy bitcoin when it was -. wasn't until it broke like ,000 that the fomo kicked in for most of them. one guy actually did start buying at 'd the top and they did not even buy bitcoin, they went all in on the stupidest shitcoins or the few that did buy bitcoin then panic sold. what i realized is that the advice for people to just buy and hold even in traditional markets is there because people are friggin' idiots who almost all want to buy when they definitely should not and sell when they definitely should not. they do not have enough control over their emotions to actually be active traders.
almost every week. someone post a weirdly exact same story. "i had a friend, told him about crypto and then he messed up and blame me..." getting old tbh.
yikes. that's on him not you. all you can do is make it clear it is speculative and the rest is on him
people named john are usually ducks.
nah your friend is immature and was not your friend to begin with if hes acting like this. whenever friends or family members ask me about crypto i'm glad to talk with them about it. but i make it clear that what they do with their money is their responsibility. i can educate you on many things in crypto but i will never tell you to buy a coin or how much to invest. i do not have time to deal with immature people who cannot take responsibility for their actions. that being said, i thisagree with the whole do not advise people to get into crypto. if they want to get into crypto they will do it or not regardless of what you say. i will, though, make it very clear that crypto blue chips are really volatile and risky, let alone low cap coins. what they do with that information is their problem. i hate that people are saying you should not talk about crypto because noobies cannot take accountability. crypto will never go mainstream if we cannot openly talk about it. there are good and bad investments in all asset classes crypto is no different. people honestly need to take the space seriously and realize there is real potential for serious losses, if you're dumb enough to throw your entire savings account into a low cap coin then blame someone else for your bad decisions. you have no business managing your own money, and probably better off putting that cash into a savings account.
gg l2p noob. sadly, nothing left but this.
this person does not deserve your time, or the mutuals who sided with him
thats a sad story and i guess i should not have laughed so hard at this. but man ... i nearly shit my pants every time i imagine johns 2 faces during the pump and during the dump xd xd
\*sigh\* ' what a shame.
friend sounds like a top mong. he got into it knowing the risks, how he managed to lose all his savings is stupid in itself. i would've loved to have someone show me the ropes and what to avoid when i first started. i'd say they are a grown adult and just passing the blame for their mistake not your fault.
first rule of crypto, never talk about crypto. should they make money, you will get zero credit. should they lose money, youll get all the blame. its a lose lose situation.
you need to befriend him again, and then rug-pull him so he learns.
my friend convinced his fiancee to give him . he lost 100% of it to a dodgy exchange. the fact that they still got married made me realize he found a keeper.
i’ve been through a similar situation. some people just cannot take responsibility for their own choices. that’s a dangerous person to know, so best keep your thistance imo.
tbh, a friend wouldn't do that to you. everyone should take responsibility of their own decisions. it seems like he just wanna blame someone for his bad decisions. it's a chance to weed out fake friends from your life.
no. the moral of the story is that you had a shitty friend to begin with and now you know it for sure. it’s not crypto’s fault. it’s also not your fault he lost money. you say he wasn’t really interested before, he sat around and played video games. then he sort of learned but he didn’t listen to what you told him and then lost his money and instead of being a man about it, he blocked you and then badmouthed you to mutual friends. everything about this guy says lazy and weak and cowardly. seems like you guys are in college so let me tell you this; the older you get, the less time you will waste worrying about shitty friends like this. eventually you won’t even bother to keep people like that around because you will see immediately how shitty they are. it’s no great loss. and if any of your mutual friends choose to thislike you based purely on what he said? they were not your friend either.
that sucks. give him some time to realise it is his fault but man that sucks. and some ppl are just not built to be investors.
this is why you don’t give your friends and family investment advice.
thanks for sharing your story. it is always tricky to introduce friends and family to crypto. in a bull market everything is fine but once people start losing money it could really harm relationships. let this be a good lesson to everyone. better to keep your crypto investments to yourself
i find my noobiee friends that get involved always ask me what to invest in and i always tell them i will never tell you what to invest in or what to do with your money, all i do is point them to places to learn about crypto and tell them how to take profits. at the start i told my friends what to buy and when, they were up like 7x on their money and then nothing really happend and it dipped a little and they were bitching to me saying they are losing money and stuff and im like guys, your still 5x on your money what more do you want from me? no matter how much you do, or make them in money its never enough and they will get greedy and lose it all. its a lost cause
"lost all his life savings" damn, someone did not read. "invest in what your willing to lose"
i live by that rule as well and it’s served me well so far. i have crypto friends (through the local meetup group) and non crypto friends and that works well for me. when a market crashes it’s not on me that they have lost money !
if it wasn’t you, someone else would’ve introduced him to crypto probably the very next day. don’t beat yourself up. you’re a good person.
don't even break a sweat for this guy. be glad he is gone and do your thing
you got the wrong moral of the story. he was not your friend and is a bit stupid.
if he’s that selfish you know he’d have cut you out even if he had made it big. if instead he’d invested in something that truly did 100x overnight, do you think he’d call you to thank you? fuck no, he’d take his money and run, likely to squander it and wind up poor anyway. but he still wouldn’t call you. yeah i get that it sucks to lose a friend. but in the long run you’re better off without someone so selfish and immature.
from your first paragraph it sounds like you knew he was a bit of an idiot to start with. why you would encourage an idiot to invest their money into an area that is stacked full of scams and useless projects i do not know. there's no chance of that ending well.
john doesn’t sound like a good friend, or someone who knows that you should only invest what you’re willing to lose.
even if you have the best intention, unfortunately he is not willing to listen to you and there is nothing you can do about but moving on.
if that is how he treated you after you warned him then he deserves to lose his money. a fool and their money are easily parted.
just hire him and the friends he turned against you as palm branch wavers and grape feeders for you and your loyal friends with your crypto gains
"dont tell your friend to join" that's why it is called: d e c e and t r a l i z e d
it's a lot easier to blame someone else than it is to accept responsibility for your own actions. you also did not tell him to invest his life savings in a shitecoin. people grow when they are willing to acknowledge their mistakes but it looks like your friend does not want to grow up at the moment.
idk why ppl even risk it on shit coins when btc and eth can give you 1000’s of % returns and you know they are solid lol like literally they are way up for the year even with this crash lmao his own fault. let him be mad. but two wrongs don’t make a right. just be willing to forgive and forget when he finally comes around. sorry that happened to you homie.
man he needs your help. just try and talk to him he must be feeling like he lost your respect and is pretending otherwise. don't make him feel bad for doing it. people make bad decision they learn from it and move on make him feel safe to say what he is feeling. losing money can be very bad so help a brother out in need.
john got rich and did not wanna share.
the friendship that ended is the friendship that never existed
when you get your lambo make sure to go to his house and be really loud with it.
sadly, >he didnt blame himself, or even the scammy youtuber, he blamed the person who introduced him to crypto and warned him of scams. ...is business as usual. because: >(he is a bit slow). now, personally, i would never introduce someone i considered "slow" to crypto, complex and rife with scams as it is.
seriously everyone in crypto has seen red days or lost money but we all made the choice ourselves. nobody held a gun to our heads, and for john to blame you is messed up. he needs to grow a pair and take responsibility of his actions. people need to stop being lazy and dyor. thanks for sharing, keep your head up you did absolutely nothing wrong.
it's 100% his fault for losing his money. i do not encourage people to get into crypto for this ecxact reason. most people are just too stupid to understand this market and lose money quickly because they do not do any research
i try to keep crypto to myself and act dumb if they are brought to the conversation as a mesure of mental health and to avoid situations like this. gl
never advise idiot friends! never works out well
never ever tell people about crypto! if they made money they will never thank you but if they lose money they will hate you.
a good reminder to just never talk about crypto to anyone in your personal life.
you did the right thing. that they could not control their emotions and invested in garbage is their fault. people want to be spoon fed and you stopped the one to one spoon feeding and they got rekt. at least they did not go all in on a 125x leveraged position. that would have been the next step.
better off without him. good luck, buddy.
he wasn’t even your friend at first
apparently, crypto is something that should be shared with a lot of thisclaimers. as for your friend, it was his fault that he was greedy. that sudden decision to turn his life around could also mean that he already saw this certain "youtuber" before reaching out to you about crypto. he just needed you to teach him a bit so he could into those get rich quick schemes. too bad for him, it did not work out. you did your part. you warned him enough. it's not your fault.
i've been waiting for this post. wonder how the guy who was going to **give his boss crypto investment advice** is doing‽
and nothing of value was lost, spend your time and energy with people that are worth it
he's "punishing" you because he cannot punish the youtuber and does not want to face his own role in it. sucks for him, but at least now you know what kind of person he is.
if this was stocks would it still be your fault? nah mang; it is on him.
fake story or john’s a fucking idiot anyway.
it is better than losing all your money believe me!!
never mix friends. bound to turn into a shitstorm eventually.
i fear the most of people who think they know something. you spent time to teach jim, he thought he knew enough and went south. one of my favourite sayings is: i know enough to know i do not know enough. i'm sorry you lost your friend. people come, people go...
unfortunately not everyone can take responsibility for there own actions
introduce someone to a stock that increases 50x it was “their idea to pull the trigger”. introduce them to one that fails and yta
moral of the story is do not hang out with people like, john. especially do not be friends with them. crypto gas nothing to do in this story.
ahh well he sounds very smart, he probably would have lost his money anyways as he only gamed and jacked off all day,
same happens when you dont advise people and others. those people will complain that you didnt let them know. its good to inform people, its their call in the end.
if this story is true, then you did nothing wrong and you’re probably better off without a friend who clearly doesn’t trust you. this is why i always tell my friends about bitcoin and ethereum.
moral of the story is don’t have shitty friends.
tell him he could redeem himself by going all in with ‘safeelon’ 🤣
it is a no-brainer to not give financial advice to anyone especially your personal irl contacts. it can ruin your relationship with them and you can also end up in legal trouble. op you are lucky that you are not from a third-world country like india. if this happened to my friend, he wouldn't just block me and say "i'm done with you" but he would call a mafia and try to threaten me or get me killed if i do not re-pay any losses that occurred to him. friends can turn against you when money gets involved.
you made him buy high and sell low that is why.
yeah i never introduce anyone into crypto, because as you found out everything that happens afterwards is your fault
easier to blame you than himself for being a knob
biggest asshole and dumb af. you did everything right dude fuck him! i introduced 15-20 people to crypto even super good friends. like you i took my time for them and helped them out. we also have a signal group and help each other. 2018 the market dropped, nobody was pissed only a little upset they did not took profit me included 😂. we all learned from it and this year everybody is happy. sure we are, we hodled trough that bear market together and now in a plus again, except 1 guy he could not stand the corona crash but he never told us. we are adults responsible for our own shit. tell john he is a fucker and post him this message 💯😆
that’s why when i introduce people i say “hey do you want to lose some money investing in cryptocurrency?” they usually are not interested for some reason...
"the moral of the story is do not advise people to get into crypto, or tell them what to invest in, friends or even family, because when shit goes south the first person they will blame is you." so because of one bad, so is not that exactly what your friend did. because one stupid friend turn on you, your theory in life is to tell people to not advise your friends. so are you basically copying your friend or do you see the bigger picture and not let one instance make you result oriented. in contrast i have advise a good amount of people to get into crypto and made them a lot of money.
that’s why i never talk about investment or crypto to friends and family.
to be honest, this was a good thing for you. better not have nothing to do with someone that can’t take responsibility for his own decisions. nobody told him to invest in a highly volatile market at gunpoint.
luckily i havent lost anyone. they all know i have held and they know the risks. i have gotten a few friends in by now
i agree with your advice, even if this might be somewhat of an outlier, it is true for a lot of situations. not everyone candle handle themselves and use caution as you might think they should.
damn, sorry that this bomb shell fell on you! however, even though it is no assurance to your situation right now, please know that there are social circles where people are mature enough to not blame others for their bad investment choices. it's called "personal responsibility" and it should be the damn bare minimum criterium before calling someone responsible. i recommend you to live your life and look for those people. i too am excited to teach people all i know about crypto and i embrace everything bad about crypto. i laugh in a mocking way about the stupidity of memecoins (instead of the cryptos with targeted use cases), i ridicule those who are sensitive to hype (in contrast to those who do their own research and set up an investment plan), i ask retorical questions on how pump-and-dump schemes make economical sense (they do not) and label anyone who claims to become rich with crypto as "gamblers". hope for the best, but assume the worst and always bare the responsibility.
the moral of this story is: do not talk about crypto with people who are not interested and do not try to convince people they should get involved, unless they demonstrate strong interest. of course, one can ask the other person: have you heard about crypto? are you interested in crypto? if you see the other person is not interested in continuing the convo on this topic, then do not attempt to talk more about crypto. do not attempt to convince others that crypto is a revolutionary concept if the other person is not showing interest back. another thing i've learned is that most people detest being "educated" by others (they would not openly show it obviously especially when it is between friends) unless it is an academic setting, i.e. university or other school, or if they are asking voluntarily to be informed about something.
he couldn’t handle your “told you so”.
sounds like one of those kids who has those parents. you know, those parents who constantly side with the kid against the teacher or other parents, cuz their precious little bundle is inherently brilliant and can do no wrong. they grow up into "accountability-does-not-apply-to-me" turd balls like your non-friend here. dear op, do not change who you are. good riddance. it is really hard, but the only way to help people like this is to let life slam them with consequences over and over and over and over.
he's a dumbass... sorry for your friendship loss
my take: deep down he knows you're right, but this kind of devastating loss, because of his own stupidity no less was too much for his ego to handle, that it becomes overwhelming. the only pressure relief valve is to spray it anywhere else, so all over you. not that it should make you feel any better about it or him any less shitty a friend, but i think that is the dynamics at work.
sorry to hear that, but i guess we all have here similar stories. i do not see problem to explain friend or even stranger about crypto, repeating couple times "market is very violent", "risk is high" etc. to not give impression it is easy money, on end when they ask "ok you will advice me when to buy" i say no, it is your money, you do research and invest if you want or not. in 99% cases works, some friends invested some did not but on end we all do not have issues when there is a dip and when they ask what i do i always say "i buy only on dips with money i can loose, i treat it as long run"
how recently? we talking btc 60k recently? because when that happened all my friends wanted to jump in for fomo, and i called every one of them a moron, never to buy at an all time high and never bet anything in crypto you are not willing to lose and to maybe re-evaluate the market in 6mo.
he's not a real friend. this is also why i dont talk about crypto to anyone.
what a friend he should have asked you to join him in this shit token. then you could have said something. 🙃coin bureau crypto for beginners. more people need a crypto drivers license. not a financial advisor.
send john the link to this thread (someway). tell him that the whole world approves what a big idiot he is. you seem like a good guy that you’re sorry for him. just keep on being good and other friends will value you.
sucks to learn it this way, but you learned the hard way. never give anyone financial advice. all youre doing is offering your services as a scapegoat for free.
that dude was never really you friend to begin with. good riddance.
not your fault he is a retard.
crazy john. like karen, but shittier. (in a serious note:- he needs someone to blame for his mistakes. it's not your fault.)
your friend is dumb as rocks and you're probably better off without him
what about your friendsss? are they gonna be around? are they gonna let you downnn 🎶
was gonna reply along the lines of your edit. john clearly does not hold you in the high regard you seem to have for him. i often have friends showing interest in crypto, but unless they are willing to put the time in and start from the basics with me (literally, from how to control your own wallet) i leave it well alone. recently one mate could not be arsed to do the groundwork but took the easy route giving money to a mutual friend who was trading shitcoins. they both lost a tidy sum in the recent plummet, whereas i did ok just calmly spot trading, but what can you do?
few weeks go buy more crypto
this sucks man. i understand him feeling mad and angry. it is an easier emotion than sadness. he is ashamed and sad that he fucked up. from the story you write above, you did nothing wrong.
"jacking off in his uni dorm room" 🙌💦🙌
friends do not tell friends to go into crypto.
yeah man fuck that guy. if one of my mates acted like that i’d laugh in their face
haha your friend is such a loser
good for you , one less immature dude you have to deal with
how old is your ex friend??
jesus, this feel like stuff mean little kids do, not adults. even though it sucks right, you're probably better off without those kind of people in the long run.
to prove it’s his fault and not your bad advice just send him a screenshot of your gains. that’ll fix it
this, my friend, is the epitome of a low iq… don’t sweat it. people who can’t stomach their emotions will never be able to master their intelligence.
lmao, that is not a friend
i got a buddy into crypto, i basically warned him about this kind of thing at the time, i was new to crypto, i told him the only crypto i trust is eth, and to tread lightly when investing into other crypto.
only help when asked. unsolicited advice can definitely backfire
hey i can be your new crypto friend, you can help me stay clear of these shitty coins and we can become filthy rich together?
oof, you see i would understand where he was coming from if you were like dictating what specific coin he had to put all his money into, telling him he is stupid if he does not, constantly harassing, and screaming at him when he is testing the waters for a coin you did not, (even if it is successful) etc. see, i relate to and understand being upset about *that* kinda shit. my neurotic father was always screaming and throwing tantrums about crypto, and told me i was stupid if i did not put all my savings into one single coin: xrp. (we know what happened with that story even if it is recovering a bit now, so luckily i did not listen to him, and only put a smaller amount in, still enough to sting pretty bad though.) even then i do not blame him for the loss, i made the decision to put my money in! the only reason i was upset with my father was because he was very smugly and cruely bragging right after saying: "pffft, *i* made a profit so i do not give two shits if *you* lost money." (this being said right after he had screamed at me just a few days prior about a different coin i had that was doing okay, and how i *needed* to take it all out and put it into xrp because it was the only good coin that he had all his faith in.) but this post? it's like introducing someone to roller skating, and warning them they might fall, and then he falls and blames you. this is not a situation where you were shoving him from behind, trying to trip him, screaming at him when he gains his balance, or screaming at him when he skins his knee. you were holding his hand and teaching him in the beginning after he asked for help, he learned how to do it on his own, let go of your hand, covered his eyes and ran directly into a wall.
so, you **encouraged** someone to participate in extremely risky investments as a **hobby** (yes, all crypto are extremely risky investments, not just shitcoins), while also acting like this was good for him, as all he did was "playing video games all day and jacking off in his uni dorm room." now, presumably, john is an adult, and his choices are his own. but high-risk investing is not for everyone, and you were actively trying to persuade him to get into it. do not try to shake off your part of the blame.
this is a good thing then, this is not how friends act
its a hard lesson, but unfortunately he only has himself to blame. we have all made mistakes investing, but we learn from them. he's gutted for his losses, but he will get over it, eventually. there is no more you can do, you have to move on yourself. keep your investment interests to yourself in future, much less hassle!
dear john, why did you do it john?
well, he either can blame himself or someone else, and it’s much easier to blame someone else. so i’d say it’s understandable what he’s done. nevertheless, it does not in any way actually justify what he’s done, but i’m sure many people can relate to not being able to accept their mistake. now it’s your choice whether you want to be friends with such a person. to clarify, there are many people like it and you will definitely stumble upon them once in a while, it’s only your choice what to do with it, accept, try to change, or don’t connect with them.
what an obvious moon farm. if you want to lie at least be a good writer.
your fault. never talk about crypto with anyone.
true friends will value friendship over money. :)
actually the moral of the story is quite opposite. i do not want a ''best'' friend that has the mind of a 2 y.o.
how old is he? this looks like a child’s tantrums to me
wtf? blame the cibai youtuber and yourself. both starts with you.
yeah nah i think john is just a shitty unresponsible prick.
no worries, john's a moron.
just a general advice. never do anything money related with your close ones, friends or family.
real friend will understand. let him some time
can you teach me? i’d love to have a friend whom i can go through all of this pretty complicated system with. i’ve been in crypto for more than a year now and i’ve learned a lot but i still feel i don’t know enough
at least you thiscover early he am not a good friend, i would say you are lucky!!!
i'd tell myself, "good riddance."
tbf he sounds like a wanker anyway and your better off without them!
stay strong my friend, losing a friend on something stupid like this must really suck. just make sure you never blame yourself for this as you obviously did nothing wrong.
why so many cases like this happened?
i never tell anyone what to buy, i only tell them what i owned. i never tell any1 to invest in crypto, i just tell them that i do. if any1 want to get in the first thing i show them is the 17-18 bull run, from 5k to 20 to 5k.
what an a-hole. you ditched a bullet with this one, nothing to feel sorry about.
basic human psychology, even though he did the mistake, in his mind it goes like this : if my friend had not shown me that crypto shit, i would have stayed safe anyway. so he tossed you out of his life.
john sounds like the kind of guy who eventually would have been scammed anyways. not sayin it is right, just sayin it is not on you.
john was not that good of a "friend" to begin with. he bought into a get rich scheme instead of learning about the technology.
what an idiot. you are better off without such dead weight anyways op.
never advise friends or family to invest in anything because this kind of shit. my husband and i are well endowed in crypto and a few family members have asked about it etc. all we say is do your own research and good luck. now we might sound like assholes but we know the outcome of some that will put the blame on anything but themselves in the end ... it’s the same as thiscussing finances religion or politics. people have a really hard time accepting opinions or views of others and financial well that’s just playing with a livelihood for most... sucks to hear this your friend shouldn’t be a prick and know he made the moves not you. you made suggestions and what he did with that info just like any he made in life! he made the final decision. not your fault at all. his loss though. you don’t need friends like this.
i've urged people to get into crypto... nothing crazy tho. i'm usually just like fuck your life savings you can be a billionaire.
sounds like john has problems which run a tad deeper than you might think
your 'friend' has personal problems out of your control, unfortunately. a couple times i had some harsh things blamed on me but on reflection some folk just look for a scape goat for their own screw ups. no matter how unreasonable it seems.
i too am losing everything to pump and dump shit coins. they’re calling it a bear market though so who knows, maybe scam coins like btc will recover enough for me to break even
i wish i had a friend who got into crypto awhile back :?
give him time he must be sore and cannot think clearly about what he did hopefully things will resolve for the best
i do not think friend is the word i would use to describe him...
i used to get excited to help others get into crypto but like you i learned no one really listens and you can write it all down and hold their hand as they wade in but ultimately most do exactly what you tell them not to do or worse loose their private keys after some time and get mad you cannot help them. nope, done teaching and lost at least one 'friend' and one family member over their careless ignorance. it seems no matter how much you stress all your money is now this set of words in this order so never lose them and even using a stainless steel key store somehow they f it all up, and it is now your fault... this is really why true "mass adoption" is not here yet and noobs will always sell at a loss. also: if your controlling someone else coins and catch a 1000% active pump happening you might call them 'advising sell now' but never ask what they want to do, "let it ride" he said, lol yup. an hour later it was back to the old price and never moved again. so much for that tesla bub. guess who was the bad guy that day. just keep stacking and keep it to yourself.
i advise people to put money into algorand and stake into eth to stake or just hold your former friend sounds stupid why would anyone listen to youtube shills seeking personal profit
i mean i still find it baffling that people think of crypto as a hobby. it shouldn’t be. you wouldn’t consider investing in stocks as a hobby. financial management is not a hobby. it’s a smart way to secure your future. find a real hobby to enjoy.
i’ll be your friend op. my name is also john and i won’t buy scam coins ^_^.
i think we need to stop "fell victim" while in reality you are a victim of your stupidity and should only blame yourselves. too easy to blame others, and you learn nothing of it
any investment carries risk and you warned him more than enough about scams and get rich quick schemes. he is a dumbass, let him sulk by himself
how is this different to all those posts blaming certain celebrity ?
that's why i do not advise friends to invest in crypto.
i got a message a few weeks ago "you told me to get into crypto and i lost 50% of my investment and pulled out, thanks." i told them to buy crypto in 2016. people are stupid.
yes make sure you keep it out of your work place, just give general advice and leave it at that.
it’s too hard for him to admit he’s wrong. he knows you gave him good advice and he didn’t take it. i think it’s pride. leave him be for awhile
fuck him and the horse he rode into town on. make sure he sees you drive past in your lambo at some stage in the future and give him a cheery smile and wave. i suspect you will hear from him in a few years when he wants to sell you some weight loss powder and because you're a special friend will have a great business opportunity for you too.
some people are not adults and refuse to look at themselves internally. losing money is one of the hardest lessons in life. investing can be hard on people who do not understand the risk and loss that are possible, and when shit does not work out it is hard for a lot of people to be adults and realize they are the only one to blame. what a fucking asshole for blaming you. fucking child.
shit like this happens bruh he sounds like a douchebag and basically was using you for gains and blames you when he does not
i think this is a fake story bro
i think "encourage him to start" in the first paragraph is the crux of the issue. fine to talk about your own hobby, but if you're encouraging people, they will blame you when it goes wrong. "i like buying crypto" is a very different conversation to "you should buy crypto too".
dude it sucks to say but your better off without friends like that hes a moron and cant accept hes an idiot so blames you. id make sure to let the mutual friend know what really happened though so no one believes the little narrative your ex friend is spinning.
lol your better off without john, its like taking someone out for a beer for the first time and then he blames you for becoming alcoholic.🤣🤣
your experience mirrors what it’s like to break it off with an immature guy. they get aggressively stupid. none of this is your fault and john needs space right now because you are a reminder of his poor choices. john also doesn’t think he’s slow. he thinks you’re slow and he’s smarter than you. that’s why he didn’t listen to you about shitcoin. he couldn’t even thiscern that it *was* a shitcoin and watches shitcoin youtube channels. so him losing his savings is now a realization that maybe you *are* smarter than him and i don’t think he likes it.
only narcissistic little bitches blame others for their own failings.
john is obliviously still immature and an idiot. he latched onto the idea he could get rich quick and just became the overwhelming majority that gets burned by shit coins. you did all you could to warn him about it but he ignored that warning and went off and was stupid. don't feel bad. john is a jerk. he does not deserve your friendship with that kind of attitude.
giving financial advise is never a good idea. either your advise works out and they come back starving for more, or they lose money and blame you. double-edged sword.
fuck it… at the end of the day we are responsible for our dd and where we put our money. your friend should have taken the information you gave him and researched further.
this is why crypto will be regulated. so many shit coins taking advantage of people. i know the argument of well people lose money in stocks. yes, but a public stock has to be issued from a company that is regulated by the sec. you can go through the financial records, what the company does, and many other public records. these shit coins just pop up convince people low market cap= 💥 throw some 💎 and 🚀 🚀 emojis in and you can snag a quick profit from people who know nothing. now you can say well screw those people that are idiots, but let’s be real with ourselves. we have the second richest man in the world tweeting about cumrocket and a meme coin made after a dog... i do own crypto and am a supporter of the actual technical side which is the block chain. just really need to prepare the whole crypto community for heavy regulation that is approaching. edit: grammar my third grade english teacher would kill me for writing the wrong no.
sadly, the "victim mentality" is becoming increasingly prevalent in modern society. it's much easier to blame other people and circumstances for your own failures, rather than accept and learn from them.
fuck john, do not be like john
as you say... he is a bit dumb and is unable to make good decisions and when his poor choices catch up with him, he is unable to see his own responsibility for what has happened.
so just as a precaution. who are the scamtubers that we should be aware of? i am a new in all of this stuff, and am thus a bit scared of not being versed enough to recognize scams or incompetent people by myself.
its always way easier to blame others when you f up than man up and admit that you were wrong. you did good
it’s my experience of 419 scam victims that they often lash out irrationally after they realise that they’ve been had, and they often blame the person that broke the illusion. it’s not on you. it’s not really his fault either, it’s more on the predatory scammers that infest the market like fleas in a sheepskin. it’s unfortunate, but that’s all. he may see sense later.
no offence but i’d tell them to shove it up their ass and eat my dick regardless of who they were pulling that chilthish bullshit.
heck em, if he is that immature and can’t accept his own actions you’re better off with him out of your life. sounds like the type to sue the coffee shop when his coffee is hot. heck him
the bottom line is that most investments are risky in nature. future abs options the riskiest of all and cryptos even more. they can go up 100 times or lose 99% of their value - with nothing fundamentally changing.
i guess you r john
it's 100% your fault. in life, you are not supposed to give advice without being asked. at best, they will think you look down at them. at worst, they lose their savings. remember that not just shitcoins make people lose money. even the grand daddy of legit coins can make you lose half or everything in a matter of days from erratic buys and sells.
to be fair, there is a high probability they would've lost a significant amount of money even if they did not invest in a scamcoin. the entire market has been down
seems like you came up on top.
what's shitty about this is your like the innocent man in prison. some of these people he is telling probably think you somehow profited off this.
we would love to hear this r. today is fun day sunday or story teller sunday. we can support you or just hear your story.
shitty friend but not unexpected. don't talk about crypto with people. well, i do talk to people about it but i always downplay my own speculation - it is legitimately nothing major since i'm poor and got into the game late, but even so. and never give any one advice of any kind. certainly do not get enthusiastic about it and start gushing. this is incredibly volatile stuff.
you sound a bit young, which is important. this is a really valuable learning period where it might suck to feel like you're losing "friends," but you are now thiscovering who your friends are and the qualities that make an actual friend. as someone else commented, it is important for you to live your own life correctly and how you want to live now, and focus on which friends matter to you.
i feel bad for you, you lost a low quality dumb friend. sucks to be you.
once you’re my age you learn to identify and avoid low-value friendships.
"he is a bit slow" does he have a thisability? or just not very smart? if it is a thisability then i can see where some of your friends are coming from.
and this is why i dont talk about crypto with none of my friends. i've introduced them to crypto but as soon as i teach them i notice that some of them will do really crazy shit and them blame on me. so i just stoped talking about crypto with them and when they come with it i just ignore. my friends are really stupids, but i like them and do not want to see them put all their money in "youknowimascamcoin"
i learned this lesson 4 years ago. the strange thing is those people are starting to creep back up asking me questions about crypto again. they get dyor from me and a link to bitcoin.org now, that is it.
john is the reason i'm never going to tell almost anyone about crypto.
out of curiosity, which shitcoin did he buy?
this is so good advice. don't advice anyone anything about crypto...
your moral of the story is totally wrong. crypto saved you from having a shit friend another 10 years, maybe longer.
and this is why i do not tell anyone in my life what i invest in. i have 1 main friend that we started together at the same time in crypto and stocks etc. others know what i do because of casual conversation or they have heard me and my friend talk at work etc, but i just tell them what to look up if they are truly interested and leave it at that. i'll spend maybe 2 mins telling them where to go to get dd. and i'll tell them the risk is in your hands good luck.
why do you refer to him as a "friend" ? and then you talk about mutual friends, and friends on your side and his side... let me give you a piece of advice, i'm 40 years old, there is not such thing as "friend" in the vague terms that you use it for. they are only people, they come and the go. thoses that remain and the test of time keep them close and in touch, thoses are friends, you value this people. i only have 2 persons that i call friends, everybody else is just people that i know. you should learn that friend is not a title you should give so easily to people, otherwise you will have a hard time getting over your own feelings about them. you should also take this time to grown up and go beyond yourself.
this is the reason i would not introduce people i know to crypto aside from showing them some exchanges. i'll help them buy some coins if they really want but that it. if they end up making a bunch off their investment most of the time they will claim it was all thanks to them who did it and no one else but if they lose all their money then it is all your fault
this is why i stopped talking. i tried to get my family and friends at least inquisitive about investing in any capacity and it is trailed off into the dumbest shit. they feel like, for some reason, if it has grounds like btc, it is not an investment that will yield enough anymore. they assume that it is run up already. little do they know, they said the same shit when btc was under 10k as everyone has. apparently a 6x jump in a few months just does not cut it. queue buying bulk plasticware on amazon to "flip for a profit on facebook marketplace" and "oh hey you should look into shibacoin" turns out most of these people are just ignorant or lack the sort of thought process that leads to the position were in here. i think a lot of us can say that we understand how investing works, given that were able to have conversations such as this on a forum. i just do not think that most peoples brains are capable of drawing up the functions necessary to make for a good investor. at least that is my thought process. if the crypto boom and the 2021 retail frenzy is not doing it, nothing will. i'm coming to understand why investors with good portfolios keep it to themselves.
that's extraordinarily lame. if i had to guess i'd say he is extremely embarrassed and putting it all on you is the only way he can come up with to save face when explaining himself to others. very shitty. john is clearly a terrible friend. people will notice he is taking no responsibility if he blames you, and they will think he is lame too. sorry that happened, and thanks for the advice.
i'm sorry, but that is not good advice. you should tell. your friend is just a fucking moron. if someone is idiotic enough to go against everything a trusted friend tells them, investing all their money in dogeshit coins, then acts like an ungrateful child because they lack the ability to self reflect, you should be grateful if they stop talking to you altogether. cutting that kind of ignorance out of your life is usually much more difficult. tell everyone about crypto. warn them about shitcoins. advise them on the best exchanges. spread the love.
your friend sounds like a gullible idiot. gullible because he was taking investing advice from a youtuber shilling some dog sh*t coin. idiot because he invested more then he could afford to lose. if someone is a gullible idiot that’s not your fault 🤷‍♀️. it’s a lot easier to blame you then admit he’s a gullible idiot to himself. i wouldn’t worry too much, he obviously wasn’t a wonderful friend if he won’t take responsibility for his our choices and blame you.
doesn’t sound like john was a good return on you’re time investment. cut your loses.
people like him are idiots and they do not deserve to have any money
if he has any integrity he will eventually take full accountability for the consequences of his own poor decision-making and not throw away a 10 year friendship, but if he does not well eff him. i will say that this is why i have basically stopped evangelizing to others in my social circle about crypto. if they ask, i share, but i am not a financial advisor and i do not give financial advice. most people do not listen anyway and end up doing something completely different than what was suggested.
i’ve done nothing wrong. you introduced him into crypto.
lmao, what a baby. he fucked up and blames you for it. you're better off without that in your life.
i know a few people with similar stories who’ve lost friends through over crypto, it’s crazy really but i think we’ll hear a lot more of this sort of thing. my approach with family, but i’ll offer to give my opinion (if they want) on projects they’re thinking of going in on. also, i’m open about what i’m invested in (not amounts) and i’ll tell them why, but that’s it.
sounds like he did you a favour.
whatever, people will come and go in your life, and you do not need that level of weakness, diamond hand friends only, come in for a hug bro
just keep on your grind, in a few years you will be a millionaire and he will still be trapped in the rat race,working like a slave until retirement,sometimes people dont want to help themselves
he's a manchild and will never make it in life in anything.
my friend introduce me to crypto. put a few thousand in, tripled my money to 15k, then got hacked and lost it all. no way in hell i’d blame my friend. you lucked out, sounds like john was a shitty friend.
did you tell him that you are not a financial advisor? could be very important lol. sorry about your 'friend'.
that guy sounds like a huge pussy lol
doesn't sound like someone you should have been friends with to begin with
that’d be like blaming your driving instructor for later getting in a car wreck
this has nothing to do with crypto and everything to do with how your friend manages conflict.
i’m sure his wife’s bf will be your friend
“life savings” when you are in university is generally negative money, unless this kid were given bucket loads of money by their parents. however if they gambled away their student loans…
at some point, people just gotta be responsible for themselves. i wouldn’t worry about your ‘friend’, if he blames you for falling into the trap that you warned him about, it’s his fault. just about the whole crypto internet is either trying to shill shitcoins or complaining about shitcoins, that alone is a huge red flag. honestly, i wouldn’t recommend anyone get into this space unless they’re alright treating a bit like horse racing that has some sort of guaranteed future (the concept, not any coin). it’s risky business, but no question it’ll replace or augment our current financial systems. i also tell people, if you cannot understand roughly how a credit score is calculated, crypto is not for you. difficult enough maintaining a wallet safely and properly.
i hope you wouldn't be bothering him again and again with the crypto thing, still not your fault but i see how he could blame you, in his mind he was fine you til you came with this idea again and again... still the guys is a moron
some people are just eejits, don’t sweat it too much dude you are better off without them
my grandpa had a saying: "friendship ends where money starts."
couldn't agree more with op. got my bro into index funds. told him all about long term results yada yada. two months go by and the market dumps. cue the panicky and abusive texts. its all a scam, should never have listened, blah blah blah. market picks back up. he's now up 30% and now oh so smart for investing. same happened for eth. got a bunch of friends to drop 500 bucks in at around . it falls to , should never have listened, etc. then everyone's happy riding the gravy train to . then it dips back to ? its frustrating to say the least. moral of the story my friends and fam are idiots.
a friend put me on to bonfire token and i turned ! (;
dude that’s on him and if he can’t take responsibility for his actions then he is a child. he straight up gambled his savings, you shouldn’t invest what you can’t afford to lose. im down 30% and i blame it on this subreddit and never talking to it again.
once upon a time you had to understand what a market was before you could get into it. there were brokerage firms, and if you walked in and said "hey, i want to throw money at fast moving stuff", they would have turned you around and told you to get a cookie and take a nap. then stuff became more accessible. you could set up "cash accounts" with various firms over the phone, but still the mystery of it all ***could not be penetrated until you learned what the*** :- ***you were doing.*** now, every slack-jaw uneducated teenager can wander in and effect the market with fucktarded notions. look at it this way: * given a large enough population of people doing stupid shit in the market... * given a certain percentage of them having routine luck (it'll happen even with throwing dice)... then: * in the old days, those "successful" people might tell a couple friends to see their broker. * in the less-old days, those "successful" might tell a bunch of people to "call a certain number to set up a cash account" * now, those same "successful" people are posting about what they did, getting millions of people to follow because the barrier is near-zero, and you end up with money thrown around without direction. add to that etoro with their bullshit ability to copy a trader automatically, and you have heaped a thisaster waiting to happen onto a thisaster waiting to happen.
investing more than he can lose, in a pump and dump after being warned not to do so huh. and then blaming his old friend? he is either not an adult, or you are not telling the full story. i cannot understand why he would go to such lengths to block you after he messed up on his own, that is so irrational
im sorry but strap that douche to the cumrocket and send him to orbit
he's still a moron and it is not your fault but i do think you dudes need to be aware most of you talk about this shit way too much and come off like mlm people rather than friendly advice givers
jackasses who cannot take responsibility for their actions ***(even after being warned about this possibility, mind you)*** should never be your acquaintances, let alone friends. you did the right thing. call it a good fucking riddance and make some new, responsible-for-their-own-shite friends. besides, i could really use a friend's help in setting up wallets and using exchanges.
you should skip the tendies for a few days and give him his money back for being such a bad friend.
this sounds really fake. this would be like blaming your preschool teacher for being bad at math. secondly, any sane person willing to learn will automatically steer clear of pump and dump. third, how can someone with proper guidance actually make such thisastrous decisions. fourth, if you didn’t teach him to make a portfolio and invest only in projects with good initiatives, then you failed at the one job you had.
that friend is a bitch. you do not need that kind of person in your life. they are probably a really bad decision maker as it is. fk them. when you're rich one day because you held and did not make careless decisions, that friend is gonna be even more pissed. laugh in their face and make smarter friends.
thats why i dont encourage any family or friends to buy crypto because they will get rekt since its their first tim.
well it sounds like your very young in 10 years from now you'll be 30 something with a partner maybe kids and those friends will have the same, you'll speak to eachother once a month or year what i'm saying is move forward and make sure you can take care of the people that truly matter which is your partner and family.
i feel john isnt his real name? is it really elon?
you can’t fix stupid, sorry man
always make sure to , there is not only legal reasons youtubers do it.
the true scammy moral of the story, the responses to the story show they work.
yep i think we've all been there, i recommended eos back in 2018. but also lost a good friend due to us shit talking crypto for years amongst other negative things.
sounds like you pushed him to get into it when he wasn’t really interested, then “i told you so’d” him when he fucked up
sounds like he was using you, you're better off. he sounds like a miserable cunt.
almost the story of my life. i am a people pleaser (wish i wasn’t. thanks shitty parents!) and i used to go out of my way trying to help people, give advice and do things in the background. it always always always came back to bite me. although my intentions were always the best, it was never perceived that way and people always took it the wrong way. i then felt like a jackass trying to help someone who didn’t ask for help. so i stopped doing it. i am not sure if you are like me, but my quality of life is much better and i focus my good deeds directly at charities now... like packing up food supplies and food for the needy. now i don’t volunteer anything and shy away from people asking advice. most people don’t want it, they just want you to agree with whatever they are saying.
anytime i have someone ask me about crypto that don’t know about it i always steer clear. i’ve had friends and family come to me and want to “invest” in my mining endeavors and i’ve said no. or they would ask how to get into it, where to start what’s the best thing to buy and i always tell them to use google to do their own research. and when they ask why i won’t help i say that i don’t wanna be blamed for any bad investment choices that you may make. i’d love to teach them however sometimes people especially when it comes to loosing money never wanna take the responsibility.
which youtuber? i know there are some youtubers that can really play on fomo. who are the worst?
he will be alright. next time he should learn to listen dammit.
a friend of mine almost did the same. when i heard him talking about how i told him to invest, i stopped him ans i said "dyor, idiot. i'm not your manager". now he is doing a pac and is happy with it. anyway, i'm sorry for you, but the guy you are speaking about is not a good friend imho
endorse the market when its tits up...with all the orgasm...happening...your mind is going blank...everyone is in bliss...and then ...its over.
i don’t think that crypto necessarily is the problem here. he just wasn’t ready to invest in anything at all
gains is not a regularly used term at my dinner table.
yeah, i am right with ya, op. you told him not to do what he did. you explained the best you could. he didnt ask you for advice on the shitcoin. the fact that he can blame you, trying to empathize with him makes me stomach turn. i just want to slap him around until the mistakes his parents made are gone. i suspect hes the type that has never had hardship, labor, or violence in his life. what a fucking douche. you're well rid and of the friends taking his side. cuz its not even a side. youre on this asshats side. hes the one who isnt. and everyone siding with him is on the side of the part of humanity that just... i dont wanna sound bloodthirsty. but they need to be put on a big box and shaken until they take responsibility for themselves. i am tangibly angry on your behalf. you're in your early twenties? don't worry about most of them. in ten years you wont even remember them. put your energy into the friends that are not worthless eaters. god. i really do just want to bully this little prince friend of yours until he stands up for himself, and then start up with the ace ventura "stop hitting yourself"
they only crypto anyone should put money into is bitcoin. they're are no "good" projects. once you leave bitcoin and start putting money into anything else you're just gambling. next time do not even bother telling people about other coins or tokens.
it’s true, and i understand his frustration because before you told him, he was happily oblivious. his reaction is definitely over the top. i am not even sure how much money we are talking about here. i made a similar mistake with a family member. you should never share your investment strategists with friends or family. you could feel guilt, which is even worst, and yes, lose a relationship.
i told a friend about bitcoin in 2015. didnt do much more. found him in a gas station store the other day in 2018. he had bought an apartment from the money he made from buying bitcoin back then. he thanked me and told me about it. havnt seen him since. i guess some people take responsibility for their own future and do their own thing. other people who are entitled in their minds always wanna blame someone on their crappy mistakes even though they know which mistakes they made. dont feel bad op. its not like you put a gun to his head and said "login to this exchange and give it all your life savings now!".
john sounds like a dumbass to me
1st off your 'friend' is a f\*\*k head you're better off without him - anyone who blames others for there mistakes is someone you dont want to be friends with. - that is just my experience. ' good luck!
so when do you share the part you left out about why he really stopped talking to you? these “poor me my friend just stopped talking to me for no reason” are always omitting convenient details.
well i hope you learned your lesson. you should not be giving people financial advice. it’s also laughable that you think you can read “market trends” or know some special formula to “pick good coins”z
i know this is serious but i read the title and cant stop laughing
guy is a fucking dbag. he was never a friend. be glad he’s out of your life
wow, john’s a real pos... you’re better off without him and probably better off without the friends that blindly side with him... just keep your head up and move forward (at a pace much much faster than john and his minions)
why are you worried about people like this in your life ? let him go and live your life care free. fuck “john” john is a straight up donkey
so sorry, terrible situation, but lets be honest, you gave your friend good advice and he chose to ignore it.
as someone who got into crypto because of a friend, i feel like there is a lot we are not being told here. personally i find it suspicious that this point >i told him that although you may get lucky and get rich quick was even made. this is like telling someone who's thinking about the lottery "you may get rich quick" motherfucker, no he will not. don't even entertain that idea.
all my friends that have zero idea that i trade crypto. only my girlfriend knows but i don’t tell her anything about it. i saw what it did to people in 2018. if someone asks me the first thing i tell them is how volatile it is and to never invest more than they are willing to lose.
op i really feel for you, losing a friend that you have known for a long time just for a pure silly reason. this is also one of the reason why i do not introduce my non technical friends to crypto because it requires atleast some kind of common sense and knowledge. i might introduce them to those mining stuff but i never did tell them about investing their money by buying coins through sellers, because i believe that thing should come after they have grasped the risk and pure knowledge about the outcomes. don't feel bad that you lost your friend, he certainly thinks his money is far greater than you. even though you could have easily helped him to rebuild him but he dediced to play his cards so unwisely. stay strong king.
yeah, i always tell my friends that ask to get into stocks and be profitable there first before even trying out cryptos. i do not teach them a thing about it either. go do your own due diligence, it is the most important lesson anyway.
damn that’s petty on his part. i always do my very best to tell people as much of a chance that you get rich there’s a chance you lose your investment. but till someone takes a fat loss it’s hard to fully understand.
i feel like there’s a lot of these stories out there. someone close to me tried to shill me something called milf token
hear hear to the shift at the end, better to see people clearly now! i lost a lot of friends when i started waking up to these sort of things. and i’m better off for it!
never tell people to invest, never. i'm sorry you learned this the hard way.
this is a lesson in never ever giving financial advice to friends and family. if they screw up, they’ll blame their teacher.
if a car hits you walking down the road, blame your parents for teaching you how to walk. if you get bad grades, blame your teacher for teaching you at all.
your friend sounds dumb a fool and his money
sounds like a moron tbh
idiot does idiot things. not mature enough and too stupid to take responsibility for own actions. this person would not have stayed in your life long if you like having quality people around you. john is dumb not slow. and a bit of a wanker.
john is a fucking child. send him a link to this thread and be done with him, and count yourself lucky.
you made him buy the top,all crypto has lost 50%
don't worry, this happened for the good. he is not worth it. he did what he did because he was a fake friend.
john is a nob.
i do not tell my friends about crypto tbh. if they asked if i invest in crypto, i would probably say no
wrong, the moral of the story is to not be friends with low iq people.
he sounds fairly dimwitted for sure lol, what a moron.
>the moral of the story is do not advise people to get into crypto, or tell them what to invest in, friends or even family, because when shit goes south the first person they will blame is you. the moral of the story is that you had a shitty friend lol
f**k him. money has a way of showing what people are really like. when they have it and also when they lose it.
you did nothing wrong to be honest. since you did not even tell him to buy a specific coin, he should not blame you. instead, he should act like an adult and be responsible for his own mistake. it is the same even if you work for a company...
"*now i warned john to steer clear of shitcoins*" you just know how it ends after reading that
imagine he got in crypto before you and he advised you. u are lucky.
john is not worth your time. forget him until he comes to you to say sorry
i don’t agree with the moral of your story. you can advise people but give them the realistic rundown and maybe only talk to your that you know won’t pull that type of shit. whenever i’ve had a friend or family member ask me anything about crypto, i literally will start the sentence with well this is what im doing and if you want to, look into it yourself and don’t blame me if you lose money because i will emphasize above all else how volatile and risky crypto is and not to wager more than they can afford. none of them have ever tried to blame me and if any of them did i wouldn’t feel bad or care because i made sure to make it very clear how risky it can be and i never told them to invest in the first place. i just told them those were the coins i personally were buying into.
one should never **urge** others to invest in anything. especially risky things. all crypto is risky.
you shouldn’t be giving financial advice period unless you are a professional financial advisor. 99% of people talking about any investment have no idea what they are talking about. especially crypto currency. people push some buttons on their phone, make some money, and suddenly think their uneducated ass is a financial genius and spread the hype. bottom line is don’t get inspired by dumb luck. anyone who made money on crypto made it that way.
a while back my wife and i were having problems. at the same time my 30+ year best friend; my friend from all the way back to the 3rd grade. (in my late 30s now); was going through some issues and had no place to live. he also had no money or job, so i offered him a place, we actually found one together as i had moved out of my house due to the afore mentioned "problems" about two weeks into this ordeal i was offered an opportunity to get away for two days, delivering horses down the southern east coast. after two days i return. where is my friend? well his jeep was parked behind my house, the one i left. this friend was no friend. he was a user. looking back he always was. you're best with out friends like that mate. keep people around you that love and trust you, that you love and trust. keep the rest at an arms length.
discovering who your real friends are as you grow older is one of the most difficult things to go through, i've learned.
your experience doesn’t mean that it works for everyone. idiots gonna be idiots, that’s the moral of the story
you: this is a casino. do your dd, learn how the games work, and don’t gamble with money you can’t lose. him: ok….runs to first roulette table. all my life savings and wife on 00!
this is the fakest story i’ve read today.
sounds like a whiny little bitch
i just tell my friends to start off investing with a roth ira
he will come back to you and thank you soon 🤩
better to be clear from people like this
i clued a lot of my friends and family in about eth when it was around 370. they didn’t really listen until it got to around 1000, and they bought some. then it went up to 2000 fairly quickly and they were ecstatic. i told them that it was still undervalued, so they ended up buying more. then it goes to 4000 and they are over the moon with joy. then recently it dumped and now they are hitting me up constantly wanting to know what’s going on, if they should sell, what they should buy next. their frustration grows because i don’t know what the fuck’s gonna happen tomorrow—no one does. now all of them—every single one—wants to get into dogecoin now. they keep asking me what to do and i don’t know what the fuck to tell them except to buy more and be patient but they all have the attention span of toddlers and the patience of adhd students. even when you’re advice works out, you still get fucked. i’m staying quiet from now on.
yeah, if people want to learn crypto and invest their own money they should do it themselves. if he already was a bit slow then clearly investing in something as high tech and abstract as crypto was a bad idea. lesson learned for both of you.
people always want to find someone to blame for their mistakes, makes them feel better
of course. why would you push a complex, highly scammed product onto someone you admit is “slow”? i understand wanting your friends to share all your hobbies but you have to think about the most likely outcome. you don’t drink around your friends with drinking issues. you don’t gamble around your friends with gambling issues. you don’t introduce complex financial instruments to people you admit are “slow”. is it your fault? yes. if you hadn’t pushed crypto on him he would still have his money and your friendship. it is also his fault for taking the action? yes. did you intend this? no, of course not. you were excited to share a hobby with a friend. the lesson you need to learn here isn’t whatever you put in your edit or the other posters at the top- i’ve lost close friends and that was my initial reaction as well. it’s to be more careful about what direction you push people in based on their personailty and tendancies.
my friends threatened to block me if i keep talking about cryptos. dont try to advise ppl in the investment if they wont to invest himself on learning.
john needs to learn this big life lesson: learn to own his own shit! it was his responsibility to do his own due diligence. you did warn him not to get greedy. it’s too bad he chose to throw away a 10 year friendship instead of taking responsibility for himself. once he realizes that he threw away a good friendship based on his own stupidity, it will be too late.
john should blame himself for buying all those low market cap coin. it would be better if he even ask you before getting in or ask for an advice from you but he just yolo everything in….
you just trimmed a person dumber than you out of your life. it's not the worst thing. as i've gotten older i have no patience for people who create their own problems them blame it on others.
just let them have their space. 10+ year relationships of any kind can still be broken but if “john” sense clear up they’ll let you know when they are ready to talk again and hopefully realize their follies. hell! they may not talk to you until suddenly whatever crypto they had put into suddenly takes off or just naturally grows. even shit coins or other stuff can randomly just continue growth when you aren’t screwing around with it. personally i’ve tried to avoid talking to any friends about crypto unless they are already in the space or starting to get in. if they have already made or going to be making mistakes i’ll try to just steer them or give them resources to self educate.
hopefully someone does not try to convince him to take legal action against you...
no offense but your friend is a douchebag. first rule of investing is only put in what you can afford to lose. he got too greedy and lost it all and is now blaming u. rather than introduce ppl to crypto then you shud just introduce ppl to taking the safe route through defi instead and show them how to earn 8-12% interest off nonvolatile assets like stablecoins. i've done this for 3 people so far. in my case though, i genuinely just to make their lives easier and want them to be financially well because i actually care. usually it is after we get fucked up then have a heart to heart talk about life. all of the conversations usually end with financial troubles like one of my buddies has backpayments on child support payments for years and i just genuinely want him to get out of that shithole.
teach your friends about crypto. this dude was never your friend.
john sounds like a little bitch. i say good riddance!
in life this happens because of jobs you helped them get, bad girlfriends you introduced them to, and a a bunch of other things. life be like that
beware of friends with cotton hands.
john must be korean
these are the things i hate when crypto gets into full mania parabolic phase. everyone and their brother wants to get rich quick and they get wiped out. then they spread fud till the next bull run. i’m not a fan of the crypto space growing this way.
i try to leave people to draw their own conclusions. i can only advise from a position on what i would do, but people have problems taking responsibility with their money. i don’t want to get blamed for whatever someone perceives. on top of it takes really losing some money for most people to get the risk. it’s one thing to hear about or see it but it’s another to experience it and ponder on what to do next. it really takes having your own plan and idea for what comes next and what’s to blame for the outcome. i think investing in general is a great idea though. build wealth for your future. but how you get there is largely on you to figure out.
the first thing you should introduce any friend to, especially the ones that are a bit slow, is a podcast called scam me if you can. frank abagnale was to this day the only con man hired by the intelligence agencies that he evaded while scamming checks, identities etc for many years. he’s *that* good and also a great clear explainer on staying safe from these, particularly through the method on how to spot them.
from the price of crypto now compare 10yrs ago when you started, you can buy 100friends. lol. just kidding.
people out there gambling their life savings and then acting like they were scammed...
(he is a bit slow) then why teach him? i'm sorry but you are not a financial advisor... that is just asking for trouble
i know people like that. they’re toxic af and can do no wrong. it’s actually entirely his fault. the youtuber didn’t force him to do anything, he clicked the buttons. he wants to put the blame on someone else for his own actions. this is big boy stuff, if he can’t handle it, he shouldn’t be involved in it.
i’d be glad if i was you
moral of the story: some friends are not worth having! good riddance!!
it sucks. you can teach someone how to catch a fish, then they will decide to go and hunt a bear and blame you because they get mauled. there's really nothing you can do in this scenario except to live your life. you cannot hold yourself accountable for other peoples' decisions. by the sound of things, yall's mutual friends would probably make the same mistake john did, and to be honest, would you really want to be around that circle? you'll make it through this op. keep hodling and everything will be as it should.
i would argue that the moral of the story is to not introduce people who are a bit slow to something they may be too slow to handle. blaming you instead of himself suggests he is indeed too slow.
man only if i had a chance to learn from someone's who's so experienced some fucks are so lucky to have such friends yet they act like kids when things do not go their way
that’s why i am not a financial adviser. do whatever you want my friend
takeaway: do not be john.
lol fuck that loser.
he sounds like a dumbass, do not worry about it.
your friend is just embarrassed that he is a moron.
most friends have this thing where they listen to strangers more than you but when shit hits the fan they blame the closest. i do not bring it up in my circle till they initiate.
this thread demonstrates the low emotional intelligence amongst the needs of the world 🙋🏻‍♀️ even if you were “right” in your advice and he was “wrong” in his actions - doesn’t mean you shouldn’t be kind and compassionate to him in this stressful time.
trust me john will be a fucking tool his whole life if that is how he treats an old friend. good riddance
i think john is more than a bit slow and he also sounds like an immature asshat.
john seems like the immature asshole that cannot handle critisism or admit to making a mistake. constantly blaming others for his shortcomings on others because then you did not do anything wrong and there is nothing to work on. i'm sure he was nice but honestly he seems to be about as mature as a 13 year old. losing a long time friend sucks major balls but you did everything perfect, i wish i had a friend that would serve all crypto information on a silver platter, what an ungrateful bitch. screw him, he does not deserve your friendship.
blood and money don’t mix. old expression but still rings true.
but did you say i am not a financial advisor at the end lol
if you consider investing in crypto a hobby then you got a lot of money to waste
dumb people are not your fault... press on sir... clap clap... maybe he will figure it out and recover. which might get you some sort of thank you for showing him and his family the future... 👊
the right thing to do for those new to investing, which no one ever does, is sit back and watch a whole cycle go by. more often than not people chase, loose money and leave. these people are led by their friends but more often by scummy youtubers. everything related to tech has basically become overrun with that kind of baiting. opportunities almost never strike in the same place twice.
sometimes it pays to be alone i’ve been through this twice it’s awful now but everyone’s right here, he’s not gonna recognize his own fault so what can you do? there’s only so much direction you can point someone too, it’s up to them what they do with the information you provided
yeah that is why i steer clear of giving any investment advice. if it goes well, they are a genius. if it goes badly, they blame you for it. if anyone tells me they are interested in crypto i point them towards sites like r.
clearly wasn’t a real friend in the first place. if you warned him and didn’t listen it’s his own fault and i’d cut him off and forget about him. tell your mutual friends the situation and if they side with him, cut them off too.
you're friend is an idiot.
john is a loser, you dont need a friend like john
>i taught john everything i knew, how to use exchanges, how to set up a wallet, how to spot good projects, the trends of the market etc... crypto is an a sad state when the first thing people teach each other is how to buy it rather than how it works. decentralisation, ledgers, block chains, pow vs pos, privacy tradeoffs, dapps, etc.
don't feel bad, crypto actually revealed his true colors, basically a blessing in thisguise. you did your part and he still fell victim to some bitconnect-ish scam. imagine if you were to partner with him in some business, you're gonna take the blame first if things go south.
this seems to be happening to a lot of people recently. i had friends come to me asking me about crypto and what not, only to go put money in dogecoin
> i told him that although you may get lucky and get rich quick unfortunately, that is the only part of the conversation that john really heard.
i’d be asking why he didn’t offer to get you in on this once in a life opportunity he seized. being new to crypto, homeboy just dumps his life savings into something he knew nothing about?
hey you got your friend a sick tax write off
bro : moral of the story is not that you should not introduce someone to crypto, it is rather you should get rid of people like that if they blame someone else for losing all their money by being scammed
mine's called a dennis
i chop that up to luck man... imagine the alternative, he never asked for your advice and you are still friends with him and who knows what kind of future troubles you might get into due to his lack of accountability. i think the most likely scenario here is that he is incredibly immature and needs years to grow out of it. for some people the urge to blame others is very strong and automatic. it's really difficult for them to look at it logically because their emotions overpower them. but either way i wouldn't stay friends with him.
what scammy shitcoin was it, if he told you?
how much money did he lose and can we see some loss porn?
if you’re friends are idiots, they will do stupid things. if they are also very unaware, they may blame you for the stupid things they do. but it’s you who is now accepting that blame and letting it shut down your investment enthusiasm. now is good opportunity to find better friends. spread your knowledge and energy without hesitation and let the great filter that is life do it’s thing. making money for myself didn’t feel even close as rewarding as helping everyone around me also succeed. you got this. 🚀💎
man fuck that dude !!! your better off with out him
never advise people to invest into anything. let them learn and invest for themselves. i am always saying to my wife that it is her and only her decision. i can guide her to some extent and show her the ropes, that is it. rest is up to her. if she does not want to do the dyor, i tell her to stay away until she does. she might never invest in the end, at least i would not be the one to blame either way.
a great example of why only investing you are willing to lose is important.
what was the name of the coin ? he invested in
lol john is dumb.
oh boi. i mean this is fcking sad but he is a grown man. learning through pain is the best lecture.
well, when he was confident about him self and trusted that youtuber and he did not give damn about you all was good. but after loosing now you are the problem f**ck this friendship.
that's just sad that people cannot accept personal responsibility for their actions. i do not tell anyone shit anymore because of stuff like this.
you did not lose a friend, you lost a gullible idiot. no loss
john sounds like a shitty human being.
to be honest bro he sounds like a loser. not saying that to be mean, i'm being honest. if someone maps out success for you and takes the time to explain like you did and they still buy pump coins, they are made a conscious decision to be greedy. the guy who did nothing but play video games and make excuses, he is...making excuses for why he lost money...this is just how he is. don't take it personally. i lost friends who did not buy in when i was telling people a year ago to buy the dip when litecoin was still 30. some people just suck and cannot handle their own feelings of being wrong.
oh well, fools sometimes cannot be saved. you obviously didn’t know him as a person. myself 53 years old, i have learned that people do not change for other people. most elders will tell you the same thing from ears of experience. any time someone gives you initial resistance leave them alone. it’s absolutely none of your business how another individual thinks, especially being how young adults can become pushy, attempting to change others ideologies on finances, relationships and education. so, myself dropped a childhood friend after 46 years knowing him, because i got tired of not being taken seriously. again, we cannot change other people without persuasion. general rule: a person’s change is usually deluded unless they actually effected by experienced which caused them too change. it’s internal experiences why people do change not because of how you [think] or feel! next time leave folks be! if they inquire for information then you share otherwise it’s none of your business.
that guy sounds like a bitch
eh, it kinda is your fault as well. you should have known he was weak to influence and would get screwed over. you do not introduce "weak minded" friends into crypto, that is like rule 1 lol
he saw you making money wanted your information and when he could not do what you did your usefullnes was exhausted typical person what i call a sleeper friend. your friend only for their benefit.
yeah, i really do not care if they blame me. no big loss there, if anything. better to get rid of trash before it spoils and starts stinking. crypto is a golden opportunity to take control of my own finances, and i want to share it with those i care. i do it responsibly, i take the time to explain stuff and answer all questions. i provide studying material to shoe who want to get a bit deeper into it, and i warn about scams and shitfluencers. there's only so much i can do, tho. i'm not their babysitter.
give monkey money, do not try to teach him how to earn.
fuck that dude and his friends, we're your friends
i started mining with my gpu and held all my coins for a 1 or 2 months without investing. one day, i visited a friend of mine since highschool who once held 12 btc and was able to buy a car with the profits (in short he is been to crypto waaay before me). he showed me his portfolio and i told him "i wish i am as brave as you when it comes to investing". his response is "just invest what you can lose" then he decided to tell me his way of dcaing to coins. now im buying small amounts from time to time. like my friend, you gave a safe advice. it's not your fault that he did not listen.
people rarely ever find fault in themselves. if they can place blame elsewhere, they will.
over time you learn helping people is a two bladed knife, and more often than not something that is freely given is easily not values it's a sad reality that nearly made me go into a depression.
man this hits home. also fwiw do not get people jobs. you can provide them a link but end it there. do not for a referral. only refer professional colleagues, friends are a bad idea.
not the asshole (thought i was reading r.
number one rule of investment don’t invest what you aren’t willing to lose. ie sure i could have been a millionaire if i’d bought gme dec 2020. but instead i bought a car. i don’t regret the purchase it’s just i prefer to get physical things for my money over trying to invest it in get rich fast schemes.
that sucks dude and i hope you realize it ain’t your fault your friend is a tard.
fuck em. keep it moving.
it's annoying, people i told only invested when things hit a high cos they get fomo. then blame me!
so obviously you’re not to blame for introducing him to crypto, particularly with the warnings. but it is very possible that “i told you so” is what really set your friend off. if i had told a friend i had been taken and he responded with “i told you so” i might block them too.
seems like an ungrateful person who is ashamed to take responsibility of his own actions. his loss not yours.
that’s sucks man, but it’s definitely not your fault. there are common sense rules to follow here, like don’t dump all your savings into any one thing, much less a shit-coin. you did what you could.
sounds like a total pleb. no loss lol
great another repost, nice try op
by the sound of it, he was not really your friend.
it seems like your friend does not like holding lol. he'd be better off gambling on [cryptopunt]( \- a dapp casino that has on-chain bets with wagers made via your wallet. at least the result would be instant. i'll be trying it out when it launches its beta in q4.
my best friend stopped talking to me because he thought i screwed his girlfriend when he was out of town. funny thing she wanted to screw me. i had morals and didn’t hit it. in hindsight i should’ve hit lol
not your keys not your coins not your hodl buddy, not your friend
wow man really sorry to hear that crypto isnt for everyone and alot of ppl seemed to get hyped for shitcoins cos of youtuber. really unfortunate.
the moral of the story is that people like john are such trash, regulators foam at the mouth to have john’s case wreck all of the good stuff that’s happening. john, if youre reading this, fuck you.
john is a big boy. he did what he wanted to do with his money and he messed up. like so many others his actions weren't his fault. or so he thinks. if he would have won big it would have been a i didnt listen to you, i did my own thing cause i'm so smart situation. john was destined to lose his money from the beginning. dont sweat it
sounds like they weren't really even friends with you, just someone they kept around.
i’m not even going to scroll down because i see your edit - clearly this john guy was not a true friend and you’re better off without this douche in your life. it is true though - be careful giving any investment advice to friends or family… slippery slope and all that
your friend is immature to blame you... i hope he gets over it but typically there’s other things they’re mad about or jealous of... good luck man that sucks…
i constantly give my friends bad investment advice lol weeds out the weak
> the moral of the story is do not advise people to get into crypto, or tell them what to invest in, friends or even family, because when shit goes south the first person they will blame is you. this is a good lesson tbh, and it might not be your fault, you're not even really to blame. but the fact is, if you had not told and 'taught' him about crypot, he would still have his money. my so has a fat bank account, with money just sitting there slowly losing value. but she does not want to spend time to learn about financial investments, and i sure as hell am not gonna give her advice or get her into it and become the reason she might lose all her savings.
well he is gotta blame someone that is not himself
op forgot to advise john he was no intact a financial advisor.
axe throwing is also a fun hobby to have. should you advise a clumsy friend to get into it? absolutely not. if you knew the guy is (in your words) "a little slow", you should not have advised him on doing crypto. i am not trying to victim shame - he is definitely responsible for what happened to him. but you are also responsible for losing him as a "friend" (quotes because he does not sound like he was a good friend).
if you think about it, it is probably for the best that he lost money that way. alternative could have been more damaging. him getting rich from a ponzi scheme, getting confident and putting all in in other shit coins to lose even more that would be devastating indeed. at least this way he learnt a lesson the hard way. at least we can hope he learnt his lesson.
some people should not be involved in any form of trading or investing. a lot of people have underlaying gambling addictions they do not know about. ask people if you flip a coin 5 times and it comes heads all 5 times, what are the chances it will be heads again? if someone can answer that question correctly then you know they can handle crypto.
sounds like john is a idiot. even if he lost most of his money, he could recover something if he converted it to a diff crypto.
you got the "elon musk made me lose everything" treatment in a smaller scale, it will always happen
cool, now you know john was not your friend to begin with. dodged a bullet! go find a better friend.
john has poor financial knowledge
this is why i don’t convince my friends to get into cryptos, no matter what people blame someone but themselves if they lose money.
he was never a good friend to begin with if he’s using you as a scapegoat for his own mistakes
sounds like he is embarrassed and sad.
he did not go by the first rule of investing never invest more than you can afford to lose.
john is trash good riddance
lol. that is definitely not your friend . why bother
sounds like a garbage friend good riddance
i have been investing for a little over 30 years and have family and friends ask me all the time what is a good stock crpto ect . i always warn them the pitfalls and explain that i have been down 80-90 percent before. both with stocks and crypto i pound in their head dca over months or even years and if they are not able to keep putting money in it then stay away. i explain it is not a race and if you are looking to get rich quick then you will get burned. for stocks i recommend visa (v), google, union pacific (unp), united health (unh), lockheed (lmt) and a few other for a complete balance into at least 6-7 sectors. also some etf's crypto is a different animal and usually just go with eth and btc, but always dca. if they have 10k to throw down then 1k a month for the net 10 months followed by 1k a month after that. if any is for bills or a need then dont do it.
did you tell him ‘not to invest any money he could not afford to lose?’
always amazes me that folk who really can’t afford to lose their savings, will put them in a volatile alternative investment. your friend was obviously in that position, so why would you introduce such an investment to him? while i’m all for putting a portion of my portfolio into crypto because diversification is a good thing. there is no way i would use it as my sole investment strategy or suggest that others do that, especially a good friend.
i never give investing advice. it’s like selling car to family. bad idea
he sees you as the drug pusher that for him his first hit of crack. then he went off smoking crack on his own, devolved into shooting up heroin, then he got a hot shot overdosed, woke up in a ditch bloody and naked. he's angry and you're the physical manifestation of that anger. you're the only real person connected to this that he can affix blame to. he may get over it, but not right now, he is still in shock. you've lost a friend for at least a little while.
lol he just lost all his money, is angry and embarrassed at himself and you went and told him " i told you so". ya you wont be going out drinking with him in the near future for sure.
sounds you may have dodged a bullet? if not on crypto maybe the relationship would've hit a similar wall with some other irresponsible behavior from him seeing how he is acting here. what i do not get is, if you introduced him to crypto why weren't you more involved. like why did not he ask you about this coin he saw on youtube after seeing the video but before buying? doesn't seem very close if they did not ask for advise.
i had a weird situation a few years ago. a few coworkers and i started buying crypto and btc. we were talkin about it a work almost everyday. another co-work told us he was going to buy btc. ( it was trading in a range from -) so the co-worker (pat) asks us what price should he buy btc ... we all say around . the next day pat tells us he bought two btc for around ... great. a few days later ... pat comes in and is all pissed off. tells us he could not sleep since he bought bitcoin and in the middle of the night on a saturday he sold them both for around . we did not even know it went down that far. we all started laughing at him. btc was back up at .5k and mr. paper hand sold for loss. pat never talked to us again and told everyone it was a ponzi scheme. i learned my lesson never talk crypto with noobs that do not already own and understand the risk. some people cannot invest in long term investments b. pat had some adhd and we should never have told him how to buy. i just wish i bought more back then. ...
this sub is a gold mine for karma. people on here will believe anything.
just want to put in a word here for the opposite attitude. before i started buying crypto, i was nervous about all the potential scams and pitfalls. whenever i found out something was into bitcoin, i'd try to speak to them about it, but they were always very tight-lipped and shied away from the subject. i could not get anyone to talk to me about it so for a long time i avoided crypto. this was until i found out a long-time friend was buying crypto and he did not have any issues thiscussing it with me. just having a real person talk to me about it gave me the confidence to dive in and i'm very thankful for that friend and their willingness to help me out. of course op's point here is absolutely valid, just wanted to share another perspective.
exactly. john sounds like a literal moron you’re much better off without. people often think that just because you know someone for a long time, they are your friend and a valuable asset in their lives. often false.
wasn't there s fake story almost exactly like this posted a couple weeks ago?
sometimes i feel socially aware that i only have like 2 super close friends and 3 good friends and that maybe that is not enough or it is something weird or i'm like defective or something. then i read stories like this where you all have the worst, most flimsiest, bullshitiest friendships ever that end on the drop of a dime over things that would never even be a blip on the radar for me and my friends and i think *better to have a few real ones than a bunch of fake ones.* anyways, good riddance. you all weren't friends. you were people who had yet to annoy each other once. friends can get over an argument. random people who never really liked each other to begin with will call it quits the second there is an issue.
that sucks about your friendship. i was thiscussing crypto with some buddies this weekend and the first and most important thing i harp on is "never invest what you do not feel comfortable losing". one of them responses by saying "i do not feel comfortable losing anything" so i told him not to invest. if you can stomach losses of money that you *do not need* then go for it. if not, sit it out.
sounds like john needs some therapy
in sorry that is ridiculous of him! people need to grow up and take responsibility. do you have any recommendations on resources outside of this sub to learn about crypto? im so new to it all
sounds like he wasn’t really a good friend anyways. good riddance. he’s not an adult. an adult can take responsibility for their own actions. you’re better off.
i consider this a win, you do not need someone that low in intellect and morals in your life.
the beginning of the end, john was not the only victim
sounds like they are not worth your friendship to be honest. it's nice when toxic people cut themselves out of your life, it saves a whole lot of trouble and guilt.
the proper response is "shit. what an asshole. there's probably nothing you can do, it is an unregulated market. wanna go for a drink, it is on me?" *not* "i warned you about stairs bro".
you have a john i have a sandy. ha ha one in every group. do not let it bother you.
sorry buddy but i felt great when stupid fomo-er got rekt
this reads like moon farming to me. but maybe im just too cynical. still, it makes a good point; don’t collect emotionally immature friends - they’re about as useful as shit coins
in my opinion crypto advice is just financial advice, just more amped up like: 1. don't tell others how much you own it because that would only lead to jealousy or even danger to your security. 2. don't put it all in risky ventures. 3. don't forget about the taxes. 4. don't be too greedy, have financial goals and stick with them.
bra if that is all it took to cut you two up it was not a friendship, more someone you hung round with cuz you did not know anyone else. don't worry bout it
using this strategy to get people i do not like to stop speaking to me.
don’t talk to friends and family about crypto. ever.
fuck this little bitch. i’m glad he got rekt. lol
strange how many people here are talking as if john was never his friend. to me, you should never be telling people openly about your stocks or cryptos unless you know they’re into it too. it’s not a hobby, it’s a real form of investment now. you shouldn’t be telling people “hey you should get into the market” “you should check out crypto” unless you’re a paid financial advisor. doesn’t matter if you’re friends or family, you should just not think about other peoples money or investments unless you’re somehow financial tied to them. if not, keep stocks.
"john" sounds like a shity friend anyway
introduce him to r, so he can lose on good old fashioned stocks!
a classic story, i am not surprised at all...
if you didn’t benefit from him losing money, he’s essentially a moron for blaming you. i had similar experience where i had recommended a shitty stock to someone but warned them they had to watch it very carefully. ofc they didn’t listen; i got out and made 5k they stayed in and lost everything they invested. luckily it bounced back after 2 years to initial investment levels. funny thing is, he may become a millionaire if certain things happen.
if he blew his savings in a few weeks he was gambling not investing
sounds like a turd.
it sounds like you really rubbed it in with the “after i told you not to” part. i would be pissed too... you were celebrating a ‘told you so’ moment while your friend took a big loss.
this is exactly why i always say "i wont tell you what to invest in, i invested in x but do your own research." when asked why i dont help them more i always say "because i could be wrong and then you would blame me" no one has ever blamed me because i dont tell them what or what not to do, i dont even give them warnings, if they fuck up its on them.
two words: personal responsibility. it’s a rare trait these days
i empathize with you. wish you a nice weekend!
was it emax or mxs by chance?
really nice of you to get your buddy to gamble in crypto at the peak of the bubble. it is not that you should have been able to predict the exact start of the ongoing crash, but you were absolutely aware of what a high risk gamble crypto is after the recent mania.
that’s beyond shitty. find a better friend. sorry.
you are such an idiot dude. you got your friend into a scam and he got scammed. crypto currency is pretty much all varying levels of scam. you absolutely should feel bad. you convinced someone that buying this ultra risky volatile collectors item was the same as investing and you hurt their life. the logic you show is the same as people who run pyramid schemes.
one friend less. im willing to explain the ecosystem but never ever give coin advice. i just give a general recommendation that 70-80% should be btc
little baby girl is embarrassed he was dumb enough to fall for the oldest trick in the book. nothing to do with you or even remotely your fault nor are you obligated to this silly person... move on
never give investment advice to friends or relatives & if you do, steer them into low cost, broad based equity index funds, not shitcoin, not crapto & definitely not meme stonks.
at this point, i dont think he is worth being called a friend if he is going to slander your name. to be honest i think youve made more friends here with this post and i am sure many ithers here may have been in your same situation. alot of people cover their asses by blaming others. i had a friend who was really interested in investing on bitconnect, he was willing to out in 20k. i talked him out of it and when it dipped he kept saying i had told him to invest on it and he decided all by himself it was a scam. like really mf? after i explained how illogical it was to get those returns? i have not spoken to him since, because i know for sure he would have blamed me anyway if he would have invested. some people are just immature and honestly not worthy of your friendship, even if you have known them for years.
to put things as nicely as possible, your friend doesn’t seem intelligent
well, you made the first mistake and your friend took it from there. i can just imagine how much hate message youtubers get. if any one ask me about crypto i always send them to coin bureau. i would never give advice to any friends.
don’t invest what you can’t afford to lose is like the 1st rule i thought?
lol wait, 'crypto' is a hobby?
so john reveals that he lost everything he worked hard for and your response sounded a lot like a “didn’t i tell you not to do that… why would you thisobey me? see where it got you...!” i’d cut you off too.
remembered to add “not fa” on those conversations?
\> i got into crypto a while back and i would obviously talk about it with him, encourage him to start as it is a great hobby to have. well that probably wasnt a good idea
sorry to hear it took as long as it did to find out john did not value your friendship the same. stay positive, there are lots of more mature and responsible people to be friends with, you'll make more friends as you meet more people over time. unfortunately some types of people find it easier to put blame on others as a way to cope and not accept responsibility for their actions instead of growing from it.
some people are wolves in sheep’s clothing , never tell anyone what you invest in and why you invest in, cos first it’s not your responsibility to make everyone financially strong , and second they blame you if something goes wrong which can risk your friendship, we have internet and our own dd to make money and i think friends should never be a part of your investment plan !!!
sounds like you are better off without john as a friend.
people who do not stick to you in a storm were never meant to, some are simply the steps we take to be a better us. never chase ignorance, because misery loves company.
moral: don't be like john
my first lesson was . why would he not listen….
i suggested that a friend look at investing in . he did not, and eventually he went all-in on crypto just before it tanked. after that, i introduced him to what it means to have diamond hands. 💎👐 we all have to learn sometime.
how is it your fault that your friend is an idiot? this whole post is stupid as fuck
out of curiosity, how much did he lose? because i cannot imagine putting all my life savings into crytpo. dude listen to pomp on twitter or something?
well you'll always have your time jerking off together
was probably never your friend since he immediatly blocked you, blamed you and wasted your time with it.
morale of the story should be do not make friends with someone who has a personality thisorder.
sounds like your friend that would spend his whole day playing video games and jacking off didnt have the maturity to properly handle investing or holding himself accountable. fuck who throws their entire savings away during their first investments in uncharted territory.
your friend was not angry that you introduced him to crypto, he was angry because when he lost his money in a pump and dump he was already very sad and the last thing he wanted was a lecture from you over something that has already happened, you were rubbing salt into the wound. he only told your close friend that he was angry you got him into crypto because he was too lazy to explain the full story and also because the full story would make him look bad as he did something you told him not to so he twisted the story to make it sound better for him while giving an answer.
why do you want a child like this as a friend? he can’t even take responsibility for his own actions. no one put a gun to his head and made him invested he did that on his own. go in with a small bag that you are willing to lose
fuck your friend. what a pussy to blame his smooth brain decision making on you smh
i stopped telling my friends and family. i have been telling them about it for a few years. since maybe 2017 or so. i stopped in 2019 around thanksgiving. no joke haha. when btc and all the coins went sky high a few weeks back i started to get text on how to get in. i told them i cant advise them since they ignored me back in the day. they did not like it but kinda saved myself and them of this mess. some got in and put in the work to learn. others still have not
consistent with people’s current inability to take personal responsibility. you did a good thing. i am supremely grateful to my friend for putting me on to crypto; even if the ship eventually goes down, i’d rather be in the know! my friend didn’t want me to be too late, and that is a selfless act; nothing in it for him.
your “friend” is an asshole...
let him stay poor
it really sucks to help someone with something, warn them of risks and then have them blame you when something goes wrong. hopefully they realize they are being dumb and come around.
i had a really similar situation 2 weeks ago but instead of just blocking me he tried to force me to refund the money he lost and said that i had 2 days to repay him or he was going to call his lawyers [his dad has several on speed dial]. mind if you share the name of the youtube channel? guessing it is either bitboy, mmcrypto or some low quality channel like that
you hopefully learned a valuable lesson from this. when it comes to money never recommend someone invest into something. you can share information about something you’re investing in but make it clear you’re not advocating for it.
not to be mean or anything, but by your own admission “he’s a bit slow.” you are not responsible for others mistakes. if they can’t or won’t own up to this then there’s little you can do. it sounds like they are immature. crypto is not like playing a video game where you go to youtube and learn a secret to defeat it. anyone selling a get rich quick concept is trying to steal your money. the truth of investing is that it takes time and genuine work.
sucks, but it sounds like he wasn’t too great of a friend anyway.
it’s a denial phase, he’s trying to put the blame elsewhere but himself. you can’t really help him if he doesn’t accept the fact that it’s entirely his fault for losing all of his savings sorry that such a long friendship broke. maybe try showing him your gains if you haven’t already, though that may just be adding fuel to fire. i don’t have these problems because i don’t have friends lmao.
friends like that tend to be so ashamed, they turn to blaming the very person that warned them. it takes someone with more maturity than he has to accept responsibility and focus his embarrassment on improving. sorry this happened to you man.
i've been in retail banking for nearly 18 years and the amount of shit i get for trying to protect people from basic scams is outrageous. i'm the asshole for looking out for you? okay. cool.
these influencer pump and dumps when they already have a fuck ton of free shit coin to begin with should be litterally illegal somehow
crypto is like gambling, that is the best advise, if you enjoy gambling and losing money on a casino then put money you do not need, but if you are not willing to gamble, do not go to the fcking casino, is that simple.
wow. sorry for your loss... that is very unfortunate. i worry about that too, if i'm ever talking with someone about investing🙄. people do need to take responsibility for their own actions though... i hope for you john comes to his senses and you can work things out in the future. such a shame to lose a long time friend
oh well. back to video games and wanking in his dorm room for him.
do you really want a friend like that anyway?
this is most likely a defense mechanism on his part. he knows he fucked up, he knows you know he fucked up. every time he sees you he will feel shame. shame is one of the absolute worst emotions a human can feel. it ties directly into our millennium of evolution as a tribal species. in order to not feel shame he has pushed the fault into you and then cut ties, because even seeing you or your name will cause that shame to resurface.
not everyone can be a winner bro, doesn’t sound like a major loss to me.
john sounds like a little bitch.
your “friend” likely knows you warned him, is ashamed to face you, and is now telling people you tricked him into this to save face. it really sucks that he got conned. but you know you have him the advice to not do the big investment into a pump and dump, and he did that anyway.
what do you expect from someone who has spent their life up to now “playing video games and jacking off in their dorm”, as you put it. they aren’t mature enough to accept responsibility for things like this.
no, the moral of the story is not to get upset if shitty friends walk away because they have no accountability this is not your fault in any way. don't let this sweaty nutbag change who you are
wow, this thread is full of toxic people
i got a friend into crypto, told him to dd and not buy shitcoins, he bought a shitcoin and lost 1k, texted me, "f*ck, you told me not to buy shit coins." then he bought eth.
i've been in this space for 6 years and have never told anyone to buy. if they make money they will never say thank you, and if they lose it they will blame you.
tell john to he has paid his idiot tax.
it sounds like my work partner, and roommate. i introduced him to crypto when bitcoin was around ,000. now he spends a lot of time binging on youtube gurus and trying to figure out how to buy the latest crypto that is only listed on obscure markets. he did not start until bitcoin was about ,000. he keeps buying the humps, and i've been telling him that with regulation and market manipulation, bitcoin could take a huge dip before it starts rising again. it's best to buy and hold if anything. now, he barely wants to work because even though he can trade 24 hours a day, he chooses to wait until it is time to get work done to start zoning out on crypto
you did not lose a friend, you lost an immature liability. your friend still has a 'boy' mentality and needs to grow the fuck up and become a man. he's doing you a favour and you're best off without someone who cannot accept their losses as well as their wins.
lol fuck your friend
i do not think cryptos current valuations justify the investment risks anymore. i honestly believe small to midcap american and canadian companies with innovation potential are going to see astronomical gains because of the combination of infrastructure spending and speculative investing. money is going to be racing into these companies before it is too late. companies such as asensus surgical (asxc), enthusiast gaming (eglx), acuityads (aty), flexible solutions (fsi), kelso (kiq), capstone green energy (cgrn), ceco environmental (cece), meatech (mitc), ur energy (urg), agrify (agfy), vision marine (vmar), cnsl, cmls, ebix, liquid media (yvr), pke, rmti, fstr, genie energy (gne), ghm, gifi, jakk, lfvn, aemetis (amtx), atni, audacy (aud) and bbgi could likely fly over the next few years.
sounds like john does not respect you as a friend, since he did not heed your advice and then blamed you for his bad decisions. good riddance imo. i know it hurts to a lose a friend but you did nothing wrong and this guy clearly was in the relationship for himself.
tell him about shiba inu coin, he will thank you
-> shows that he never was a good friend. all it took was one bullet for him to blame you for the pain.
yeah never introduce friends + family to crypto. it’s unfortunate but i don’t think you can reason with your friend now. he is burnt, you are the catalyst and unreasonably it’s all your fault just move on and see if time heals. if not…a lesson leant
*bro hug for emotional support*
you didn’t do anything wrong, and this shouldn’t even be a cautionary tale not to teach people about things. you are better off without this idiot.
ehh he needs to man up. bought doge at 60 something. it’s not a big deal. just keep trying.
yea hopefully the day after he closes all positions and eats the loss, they all shoot to the moon.
the moral of the story is definitely that john was an idiot if anything. sounds like he is in denial and blaming you then blocking you is probably a lot easier than admitting he got duped.
same thing happened to me, only john is my mum.
never give advice for free.
you cannot help everyone.
sounds like john is a fucking moron.
there are shitcoins... and there are shit people. mix the two together and what do you get?
your friend is an idiot for listening to some youtube shill after being warned and still putting his savings into it. he’s an asshole for blaming you for it and not taking responsibility. no one put a gun to his head and said “buy this shitcoin, or else…”
and i'm guessing if he did 50x he would never have even mentioned your name
sounds like you’re better off without ol johnny boy.
i'm always very clear with my friends that i cannot stfu about crypto but if they want in to do their own research and not blame me. i also tell them about my losses to keep it real. everyone should learn to enjoy losses anyway. if you lose all your money then you've really just gained some more tasks. life is all about having shit to do so it all works out.
people i know made money from my pushing. i told buy eth when it was below 2000. only coins i would tell buy now, xtz, eth, xlm, slt,ada, algo. rest are too risky. but then, coin you buy does not matter. it all goes down and up same time.
mate, looking at the current market, i do not even talk to myself.
thank crypto you have one less shitty person in your life, he sounded like dead weight to be blunt
didn't you tell him 'oh bitcoin is magic internet money and it keeps on going up... but dyor"
sounds like john is wojack and had a massive projection onto you. a projection is when someone thisplaces their anger, frustration, and resentment onto another person out of their own bullshit. in short, it is identifying as a victim and blaming outside forces for what happened. although the truthful thing would be to see that one fucked up, and learn from it. rip john.
when you said he was slow, i knew what the ending was going to be. lol. don't sweat it. what an eeeeediot. don't ever invest more than you can afford to lose. ever. greed without dd is undefeated. cry me a river. 🤣
is he 12? were there other signs that led you to think he might be 12?
end all advice, financial or otherwise, with "idk tho"
the thing with crypto, or stocks, is that it is *gambling*. because of this, you have to be really really careful who you introduce to gambling. i'm sorry that john is a dumb idiot, but i can tell with certainty this would have happened sooner or later. if it was not crypto, it would have been about a girl, or something else. john does not seem to be able to responsibility for his actions, instead choosing to see himself as the victim. [most likely in other aspects of his life as well] the biggest issue with this is he would not be able to learn so long as he viewing himself as a victim. friends without personal accountability are not long term friends.
he is misdirecting his anger. he should be mad at himself for not listening to you.
my take from this is do not talk to stupid people about subjects that require critical thinking. fuck that guy. you did not lose a friend if his first thought was to blame you.
your friend’s loyalty is beyond trash. ‘*a fool & his money is soon parted’* —rings true for this guy. john is a nitwit. find another friend to get rich with.
i've cut people i've known for decades for their negligence to grow as a person. it's the most liberating feeling. don't think too much about it.
john seems like the kind of guy to punch you in the face then sue you over his broken hand
may sound harsh but i really don’t feel bad for people who fall for those scams. maybe don’t be a greedy and gullible idiot?
my advice is tell whoever you want about crypto and give them all the helpful advice you can! why gate keep people from it because of some egotistical tantrum thrower
sorry this happened, but honestly he was gonna lose all his money anyway. it wasnt a matter of if but when with someone like this. a gambler is a gambler no matter what "investment" they are doing. i know it sucks losing a friend and all but i sense a lot of envy and jealousy underpinning this situation.
you gave him bad advice and seem pretty ignorant or that you know it all. you put alot of effort in to selling him the idea of how amazing it is. how can you be surprised he put his life saving into it after you convinced him how great it is. come on man. you said it yourself he is slow. your friend is an idiot. he pulled the trigger. but who loaded the gun? the moral is to never advise or convince anyone to crypto. it's a very dangerous game.
your friend feels like crud and wants someone else to blame. deep down he knows it is not your fault but it makes him feel better externalising the blame.
fuck that energy, sounds like his pides more important then your friendship
this is a non-issue. he sounds like a dumbass.
i can certainly agree with this. back in 2017 i told my brother in law about crypto. i told him only invest what you are willing to lose and also that there is no guarantee the prices will keep rising, they can come down. he invested in eth near the then ath of around . sure enough when the prices crashed. i was the one to blame.
idk man. john sounds like a little bitch
same shit when you introduce a friend to their significant other and then it ends badly. due diligence still required, do your own research. unless they kill your family on the first date, it is kind of hard fo predict long term value. not marriage advice...
you told him to avoid shit coins, guess he did not listen. not your responsibility. he's the one who accepted the risks.
this is specifically why youtubers make a statement at the beginning of the video "i'm not a financial adviser" most people in the crypto space will not help friends like you did for this exact reason (when money is involved friendships end it is that simple) you should really only ever talk about it them tell them to help their self to learn so its not "your fault" this guy could even go as far as to take you to court because you did not say im not a financial adviser that is why youtubers say it to avoid getting sued or wrapped up in a bit connect lawsuit.
>i had done nothing wrong. oh, but sir you broke the first rule of crypto. mix family and friends w if they come to you, point them on to someone else.
your “friend” doesn’t sound like a good friend to me. like dude you advised him not to invest in a shitcoin and what does he do? the exact fucking opposite. take some responsibility for your actions dude! he’s unfortunately picked the ultimately shitty route to manage his reality by blaming other people. what a clown. sure it hurts and i understand that since you guys have known each other for so long but damn i am sorry to hear how things transpired. hope he one day realizes the error in his thinking on that one.
you did all you could….say the same things to other people i introduce to crypto….put in what you don’t mind losing (i think we all know that; at least most of us) he way to emotional and shouldn’t be blaming you for his losses, but if his money was ⬆️he would be grateful…...best you chuck up the deuces✌🏾
yeah and unfortunately he did not learn that every choice he makes in crypto is on him. a lot of us older crypto folks know the risk involved and are responsible.
op i’m so sorry to hear this. i hope you realize your friend isn’t willing to take responsibility for his actions. this is why even with friends i try to tell them this is not financial advice and your not a financial advisor. i need to start just saying that before i say anything: “hi, this is not financial advice and i’m not a financial advisor, can i have the large cheese pizza please”
such a truthful post. to be frank i do not even advise my bro on investment matters. lest our relationship sours due to any investment of his going south.
good riddance. he’ll survive. move on bro. we can’t save the world. you’ve got a life to make. make it a great one!
bitcoin fixes this. tell people to invest in bitcoin and they won’t lose their money. problem solved!
this dude is embarrassed and not emotionally intelligent enough to absorb his own mistake. i’m glad you’re feeling better about this now, you should. you did a good thing by trying to help your friend get set up for the future, and avoid bad moves. maybe he isn’t thankful, but i am. the world needs more people like you, people willing to help others just because they are fundamentally decent and care about the lives of others. i hope you keep at it. :)
i struggle so much with this. i want to tell people about crypto but do not think a lot of them have what it takes and will end up chasing fomo and panic selling dips
i like how you set this up for you to be the hero by just casually throwing out an immediate insult about him playing video games and jacking off. and if you're taking advice from forums on how to navigate the complexities of friendship, you're a fucking moron.
you should take some responsibility too. you have already said your friend is slow-- and another way of saying that description is that he is vulnerable. it was irresponsible to teach someone about a concept they were unlikely to entirely grasp. you should have further advised him- not to make any investments without checking with you first. you should have insisted- and made sure he understood that getting your feet wet investing is a risk assessment, not a gain assessment. thats interesting to take the stance of 'it was everybodys fault but mine' when you certainly bare some responsibility. why do not you think about ways you might change how you explained it; or ways you might have made sure he understood it. because there are many ripples to our actions and these are ripples of yours whether you choose to accept them or not its not about fault because it wasnt deliberate. its a learning opportunity for everyone
i got my mom to buy crypto in 2019. she bought 15 eth at .
doesn’t wanna take responsibility for his own actions so he projects his failure on to you ... hence thistancing himself from the failure is a psychological way of him protecting his fragile ego from being damaged any further ...
this is why i do not push crypto on my friends. people do not like taking responsibility and they will always find someone else to blame.
so he’s like 12 years old or…?
all will come to bitcoin in their own way, and they will pay what they deserve. money goes from the weak to the strong. that is all that has transpired here.
dam shit coins will either make you rich or will have you claiming bankruptcy lol
moral of the story is: maybe some of our “friends” are actually idiots and don’t have the character they should when it’s time to speak up about making a mistake. sounds like saving face was bigger than your friendship.
if you're old friend has double digit iq, as he is a bit slow, then it is still not your fault. i'm sorry for your loss though. also pushing people away is a sign of depression and considering he lost *everything*, i would ask one of the mutual friends just to be sure he is not a danger to himself. on a more harsh sentiment, it sounds like he is the kind of person the aliens are going to leave behind soon.
people (your friend) who cannot take accountability for their own lives are the ones who lose it all on crypto (or insert get-rich-quick-scheme, any will do) and have only themselves to blame. you did not make him stupid. but he cannot accept that he, and he alone, is actually stupid. wow, he is willing to throw away a 10 year friendship than 100% take full and sole accountability for his fuckup. you're lucky. stay far, far away.
"fundamental attribution error" will explain john's behavior towards the op after losing his savings.
your 'friend' needs some social-emotional maturity and some more adaptive emotion regulation skills
i feel like your friend is the one most in the wrong, but i also feel like people who do not work in finance should not be tossing around investing advise because this is the sort of thing that happens.
it sounds like your friend is not that mature, which is common for someone in their late teens. perhaps someday he might come around and apologize but it could be many years from now. it does really hurt and i'm sorry that happened. your motivation was solid and you are a giving person -- you still have that. i agree about the moral of your story.
you always hammer away the point that you should treat crypto as a scam every time. you're *likely* to lose every penny. you're gonna make bad trades. and guarantee them they will lose money. but never invest more than you can lose.
whenever i talk bout crypto with someone i know. i always end with saying only put in what you can loose as crypto is very risky, still. you could loose more than 50% in a blink of an eye, or even worse...most $'ve put in. if you cant handle the ups and downs in crypto, better stay away.
yeah… it’s not your fault, but moving forward i’d stay away from introducing people to to investing. if they have addictive tendencies things can go south quickly, as you both learned.
it amazes me that a person with such a low iq has managed to create ”life savings” in the first place.
he might have been nice as a friend, you'll be fine without john tho.
talking about investments with people is risky there are some people out there that will never claim responsibilities for their own actions and will trip over themselves to blame anyone else in their life for their problems, probably as some weird coping measure. there is only two people in my life that i will speak openly with about investing because i know that no matter what happens they understand the risks and responsibilities and would never engage in any blame-gaming. i'm sorry you lost a friend, but he sounds like he was not a good one.
i've been trading for a few years and am very careful advising anyone. especially if i do not think they have the right mind set. not your fault, but i've seen countless people go down the exact same path, myself included, at the beginning. the hard part is after introduction, when one goes out to learn more, they are inundated with scams and shit. i'm sorry this happened to you and your friend. again not your fault. but take this as a lessons to be more careful who you introduce to the game.
a fool and his money are soon parted... not your fault, you warned him. it sucks he blocked you out of his live though.
if he blames you for an error he made it’s not a friend. it’s not your fault man!!!
go start a go fund me for him (?) even if it doesn’t pan out, the gesture might mean a lot.
wow a lot of comments i’ve seen are harsh to your friend. he’s obviously just upset that he lost his savings. he can’t take it out on the youtuber and doesn’t want to accept he made a bad mistake. he’s just taking it out on you. everyone blames the wrong person sometimes. he’ll understand eventually. i hope you can accept the apology of this poor guy who lost his life savings.
i can tell you exactly what happened. your friend was a skeptic, or perhaps has a low risk tolerance, and wanted to stay out of crypto. knowing that you’ve likely been making a lot of money this year with crypto, he was feeling fomo, and chose to go with max risk to try to catch up to you. after blowing up, he ended up even further behind, and decided he needed to stop talking to you because its causing him to make poor investment decisions. i hate the sentiment that you should never talk about investing to others. i love bouncing ideas and giving feedback. it is, however, important to not push on someone who has a low risk tolerance. i mostly just share with people who ask.
bah. someone like that was destined to leave anyways. fuckem
this story right here is why i never share my investment strategies (crypto, stocks, real estate, whatever) with family or friends. you inevitably end up accepting blame if they lose money. it’s just honestly not worth it.
your friend is unable to look at his actions and consequences without tinted glasses. there's probably a lot of shame, stress, guilt, and anger which are making them behave like this. (all assuming they were reasonable in the first place). i really feel bad for the situation he is dug himself into. however - it's not your fault. just because someone's life stresses are making them look at a situation in a twisted manner, does not make their viewpoints true. and it certainly does not transfer any responsibility to you. you are a good person for showing some empathy, and maybe even mild guilt. but it is not your fault. john is probably fated to go through this ordeal. and it is up to him to deal with it and come past it however he does. all you can do is take steps to the extent to which you can satisfy your own conscience. sorry bout losing a friend.
good man. be glad this douche is out of your life, and he did not end up causing you to lose money. friends do not blame each other for their own fuck-ups.
> i.e. playing video games all day and jacking off in his uni dorm room. lol, implying people that make money are doing anything useful or productive with their time
literally life happens, and you find out who the real ones are. the harder it gets the more people show who they are. you found out who this guy is and seems you found out he’s an idiot.
first rule of crypto: only put in what you can lose in a day and feel fine
did you know his tendency? if you spent 10 years together, there are things you are bound to pick up about your friends—strengths, weaknesses, quirks, and so on. if you knew he had a fault like recklessness and so on, then i feel you are partly to blame. if you were completely unaware because he has never shown this side, then zero fault on your part. if you didn’t bother to measure up your friend, then a bit of your fault.
well, the youtuber told him what he wanted to hear 50x gains, and if its in the internet its true! too bad that you lost a friend to you but he never was your friend ir maybe he is 5 and shouldnt be even authorized to use money
your friends an idiot, you’re better off without a manchild like that.
this is why whenever i give advice i end it with “idk tho check for yourself”
my take away from your experience is... don’t invest in shitcoins and don’t invest your time and energy in shitpeople. both will drain you if you’re not careful
he does not want to have that "but i told you not to" conversation. he is ashamed that he did what you told him not to do, and it is easier to blame you than to face that shame. you probably cannot fix this because he will probably get more resentful if you try to argue that it is not your fault. yes, it does suck, but your ex-friend would rather not face facts and deal with them.
sounds like someone who will try again on another cycle make money and apologize for being an asshole. move on you actually did more than enough and should be proud.
your friends an idiot.
this is why i get worried when my friends talk about getting rich on shitcoins.
> the moral of the story is do not advise people to get into crypto, or tell them what to invest in, friends or even family, because when shit goes south the first person they will blame is you. no, actually the moral of the story is your “friend” is a total fucking moron. i’ve been telling friends and family about crypto since 2014ish and have never had anyone blame me for anything, ever. then again, i don’t have any friends or family who are as dumb as this guy.
martin cheng is a faggit and forever i hope his family dies in hell
fuck em... let the moron keep jacking off to porn in grandmas basement. move on with your life and be happy knowing you’ll never have to deal with this immature, irresponsible dipshit again.
any idea how much he lost?
cool reply asking why he would fall victim to a pump and dump when you specifically told him not to
hey man. i see no problem at all. i understand it bothers you but he seems like an asshole. i am one of the people who got introduced just recently and one of the first things said to me was: "it is a gamble. don't use money you cannot lose." here i am 25% down, but i was responsible and i still have a home and food to eat 😁
i introduced my friend to crypto and he would not speak to me either... just stares at his charts all day.
that's why when i mention crypto i always say i never recommend it and only put money in you can stand to lose and to think of it like a casino.
looks like he did not think of you as a friend the same way you did. don't sweat it, 7 billion other options to choose from.
its for the better. you sometimes have to cut toxic people out, and people sometimes need to learn easy lessons the hard way
friend sounds like a bag holder.
only invest what you are willing to loose.
yea it sucks wanting to share our love with someone but not able to do it. that’s why i’m happy to have you all, you’re the best!
he blamed you for his mistake. weak and can’t take accountability. not worth the “friendship”
john is an idiot
you're not blameless, are you? crypto of any kind is still inherently high risk. if you had introduced him to bonds and then he went all in in shitcoins, you'd be fine. but no - you opened the door to what is still a casino in many forms. did this guy really have idea what he was doing? sure, you showed him a few things but did he actually learn? did he know even the basics of investing? and how does getting into something as high risk as crypto can be good for a guy who spent all too much time playing games and jerking off? sorry buddy but just like you do not give a lambo to a kid who just got his license, you do not get someone who is not mentally or emotionally prepared into crypto. so you "warned" him. that is nothing against the psychological lure of quick gains.
in all honesty i would never advise someone to "invest" in any crypto, its such a new thing and so volotile that its just not worth it. the problem is that in a bull market like we have just been in a one eyed chimpanzee could turn a profit in crypto and when people are making money in it their ego takes over and they think they are some sort of investment guru giving advice all over the place... until the market plummets and all of a sudden they are not an investment guru anymore. p. s this is not a rant aimed at the op (your so called freind clearly is just projecting his stupidity onto you) it is just a general musing.
a lot of people adopt the mindset to play victim when ultimately its their own fault its weird
it’s always sad to lose friends, but it happens to everyone along the way. what also happens is that you make new friends along the way as well. i know your post is about crypto, but the subject could be practically anything. relationships, jobs, housing, kids, any matter of life. some people are tossed around by life and blame others, and even their friends for it. it’s their issue, not yours. my advice is to live your own life with complete involvement and inclusion of everyone around you. be open with yourself and honest in the way you interact. your story says to me that that’s what you did; you acted inclusively and told your friend everything that you know about crypto and what you have learned up to that point. i encourage you keep approaching life that way, and you can never go wrong. you’ll develop strong relationships with some people, and you’ll part ways with others along the way, but a life lived in inclusivity has endless possibilities compared to a life lived in exclusion. you can’t do anything about other people’s responses, but if you live with your wellness and the wellness of those around you as your goal, as you did with all the time and effort teaching your friend about crypto, you will never go wrong.
he does not want to speak to you because he is ashamed and embarrassed. he's blaming you rather than himself. he'll get over it when he realises this just do not say "i told you so" when he finally reaches out to you.
you did not lose a friend, you lost a man baby parasite who lashed out at you because he shit the bed. don't worry, i've lost a lot of people who i thought were friends recently who i now see were having a negative impact of my life. it sucks at first but the better you do for yourself the more you realise they were just dragging you down. i think about i like this, imagine if you did not know this guy at all and one of those mutual friends introduced him to you as the guy who does nothing with his life but see in his lonely little down masturbating and playing compute games. you wouldn't want anything to do with him...
as a friend, i would be so grateful for you making such an effort and investing in me as a person. this is coming from someone who happened to see this post on her popular feed, and knows nothing about crypto currency. i know it exists, and i see it on reddit. that's about it. so as a person who would have been in his boat, i also would have not only appreciated the time you were willing to invest in me, but would have understood to heed your advice and warnings. this person sounds like they are unable to take responsibility for their actions. even if they listened to you, and it went south, it was still their choice. unfortunately this situation created the circumstance of blame directed towards you, but if it had not been with this it would have been with something else. the capacity to be accountable for your actions is very important. you sound like someone who has this ability. please do not take on the weight of his mistakes. know your worth, do not doubt yourself. i'm sorry this happened to you.
this might be an unpopular opinion, but we shouldn’t be trying to convince our family and friends to get into crypto. especially those, and in op’s own words, who are “trying to pull their life together”.
it’s a good lesson to learn. don’t mix money and friends. you can talk investments and tell people what you’re doing of course, and if someone wanted to follow one of your investment choices that’s their own decision - but as soon as you start moving into active advice and recommendations etc you’re in trouble. people always shoot the messenger, it’s human nature. money can easily break the strongest of bonds, and its much better to just avoid the whole thing. most of the posts here are saying your friend is immature, which is absolutely true, but it’s also predictable.
sounds like a fucking dick and not someone to have as a friend. i would be just as upset and angry as you if this happened to me. blames anyone else for their own mistakes and does not accept responsibility for things. people like that can (south park voice) get out. also, he put his entire savings into something! even with a safer investment that is still fucking stupid. he deserves to learn his lesson this way, just a shame he blames you
crypto is pretty complicated. i've done a bunch of stock and options trading so i feel like that should help a bit, but i'm finding learning about crypto to quite challenging, and with a lot of landmines. it's really not accessible to everyone at this point.
fuck that guy. your better off without that dumbass around
just like with any hobby, activity or vice, you’re going to have people that do it smart, because they have experience and you’re going to have people that don’t listen to that advice and do their own thing. i don’t think there’s anything wrong with introducing your friend to something your passionate about. your friend likely had some traits of an addictive personality or a gambling addiction. there’s no way to know this. but when you’re dealing with an adult that may have that problem, it’s that adults responsibility to let the other party know so that maybe you drop the subject. and even then, he’s still ultimatey responsible for his actions. it doesn’t sound like that happened. unfortunately, you’re now the scapegoat. he will learn nothing and likely continue doing what he’s doing.
i do not talk about safemoon for this exact reason. i'm still way up even now but i'm not trying to shill a coin that is probably crap and leave others feeling burned.
you should not have given any advice on crypto to this friend or any other friend. its far too volatile - it could go to 0. no, you dont know anything by "spotting the trends". stop giving advice
i always tell people to do their own research. i do not make money decisions.
great story. i recommend you do this with any kind of investing. telling people what to invest in, or when they ask and you give your advice. if they lose, they will always blame you. i never give my friends financial advice, i just tell them to do their research and do not take my advice on what to invest in because investing is a personal thing.
lol same, i 100% assured him what he was getting in to was 100% his decision if he asked for advice on what crypto to invest on i'd always say its completely up to you. you've got to look into them and it may drop 50% eventually and he knew so now he is down and hodling until he is in profit
fuck john. what an idiot.
man i bought in at ath (early may) and 3 days later people decided to dump. my knowledge at that time was still jackshit so now im down probably more than 50% because i didnt sell. i got introduced too but i only blame myself for my naivety. the only saving grace for me was that i invested 75% of my savings somewhere else.
after the elon musk related drop in crypto, i told my boyfriend i was going to finally invest while the prices were low. i’d been familiarizing myself with crypto for months and entered cautiously, just a fraction of my savings. boyfriend decides he’s going to put all his savings into it moments later, and well, we all know what happened. i begged him not to do this, warned him shit was going to keep dropping and he’d just get stressed out. for weeks he’d send me almost hourly updates about his portfolio dropping, lamenting about how i steered him wrong. after constantly reminding him i explicitly told him not to invest, i just started changing the subject whenever it came up as though i didn’t hear what he said or read whatever text he sent about it.
that is the lesson you got here? you sound a bit immature if that is your takeaway. the lesson is john is a toxic douchebag with sociopathic tendencies and your life is better without him in it. stop trying to paint the world in broad brushstrokes because of the behavior of 1 sociopath.
charlie munger on denial: "the reality is too painful to bear so you just thistort it until it is bearable. we all do it to some extent" this phenomenon first hit me hard in world war ii when the superathlete, superstudent son of a family friend flew off over the atlantic ocean and never came back. his mother, who was a very sane woman, then refused to believe he was dead. that’s simple, pain-avoiding psychological denial. the reality is too painful to bear, so one thistorts the facts until they become bearable. we all do that to some extent, often causing terrible problems. the tendency’s most extreme outcomes are usually mixed up with love, death, and chemical dependency. where denial is used to make dying easier, the conduct meets almost no criticism. who would begrudge a fellow man such help at such a time? but some people hope to leave life hewing to the iron prescription, “it is not necessary to hope in order to persevere.” and there is something admirable in anyone able to do this. in chemical dependency, wherein morals usually break down horribly, addicted persons tend to believe that they remain in respectable condition, with respectable prospects. they thus thisplay an extremely unrealistic denial of reality as they go deeper and deeper into deterioration. in my youth, freudian remedies failed utterly in reversing chemical dependency, but nowadays alcoholics anonymous routinely achieves a fifty percent cure rate by causing several psychological tendencies to act together to counter addiction. however, the cure process is typically difficult and draining, and a fifty percent success rate implies a fifty percent failure rate. one should stay far away from any conduct at all likely to drift into chemical dependency. even a small chance of suffering so great a damage should be avoided"
he was never a friend. let him jackoff into oblivion. a friend in need is a friend indeed!
he just needs more time to masturbate and he will be right as rain again.
i can relate, had a buddy get into crypto during last bull run. i told him we are not going to be in this bull run forever, and to take some profits. im actively taking profits and showing him what i’m buying with my crypto. he states “i’m just into it for the tech, i don’t need the money”. well he hasn’t talked to me in 3 years, i don’t think it’s a coincidence.
lol he sounds like a right tosser fuck him
i wonder what would he would have done if it went the other way. i'm guessing he will take all the glory. sorry you went through this, op.
john is a victim of his own greed.
when it comes to money and investing here’s a few things learned after a few strained or broken relationships: 1) never give investment advice, stock tips, or even thiscuss your money and investments with friends and family. 2) instead of bragging about your gains, if you must share, reflect on the valuable lessons that you paid for dearly. ex. when i started investing in crypto i put my entire savings in one new token that everyone on youtube, reddit, etc said was going to 100x. the token dropped 99%. a week later my car broke down and i didn’t have any savings to fix it. now i consider that . i don’t expect to get rich quick and only invest what i can afford to lose. also, never put all my eggs in one basket, especially when it comes to high risk investments. this story is much more effective than “don’t buy shit coins.” the story is even better when it’s true, but could be a fictional story that you say you heard from a friend but won’t say who because they told you in confidence. 3) never loan friends and family money. only give them money you can afford and with the expectation it is a gift. be careful when your gifts become routine and create a dependency. most situations it is just better to ask how you may help in other ways. resist the urge to explain why you can’t or won’t give them money. frankly, it’s none of their business just as how they spend their money is not yours. 4) learn to say “no, i don’t want to buy products or participate in your network marketing business. i am a friend, so going to tell you what you may not see. this business opportunity. so, some friends and family are going to start dodging your calls. others may feel obligated and buy, but ultimately they’ll end up resenting it when it becomes routine. as a friend, i hope you take a step back and reconsider what you are being asked to do and how it might impact your personal relationships.” most people ignore this advice because it makes them feel smart, important, or virtuous. so while you are making yourself feel superior, it makes others feel inferior. more often than not it becomes a source of conflict and hurts the relationship.
i’ve never advised people on anything. i give them a list of learning resources, not investing resources, about bitcoin and let it be. if they can’t’t spend the hundreds of hours it takes to learn about it they shouldn’t be in it. it has worked out well. the people that don’t want to learn don’t and that’s that. the people that do want to learn have put in the time and are very happy.
yea this is why i do not tell people to invest in anything. if they ask me what they should do, i never give them an answer because it will always lead to a bad result, regardless if they make money or not: they make money 1 time: now you are their financial advisor they lose money 1 time: now you are their sworn enemy ' it's only a matter of time before they lose money somehow...
sounds like you dodged a bullet ha you do not want a friend like that anyway
john in 2 weeks, “sorry bro, i was super busy. yoooo im fucking rich. i love you!!!!”
u did not lose a "friend", you get to know john better... sooner or later smth would happen when this shit would come out, and maybe if you relied on him hurt you in the process... this is win for u, even if it does not seem right now.
john sounds like the biggest tool bag ever
so let him go back to the dorm room and beat off or whatever room
yeah better off not being your friend if hes willing to blame you for any of his own stupid mistakes. you seem like a good friend to have. money comes and goes but a good friend is like investing in bitcoin 10 years ago
i never give crypto advice or thiscuss crypto with people that are not already quite familiar with the space. there is 0 upside for me. first you have to spend a ridiculous amount of time explaining basics for people that don’t want to learn by themselves. then if anything goes wrong its your fault. the worst of the worst is people that have no clue what they are doing aping in defi protocols and losing money to rugpulls, scams or just outright wrong use of their wallet, sending coins on the wrong chain and so on.
never get involved in big money items like business investment, home purchase, etc., with friends or family. not worth the stress % of the time.
john has proven himself to be a douchebag. with any investment there’s always risk involved. never put money up you can’t afford to lose, especially when it comes to high risk unknown coins. move on and forget him 👍🏾
i feel this. trading interests me and i like to talk about my interests to my friends, but i dont want to fomo them. i sometimes try to avoid this situation by refering to my investments as gambles. not sure if its the best way, but it makes the conversation about my interests and not a sales pitch.
i'm seeing a variation of this on this sub every week.
i got 3 of my friends into crypto at the peak and now i hear from them a lot less since we've been in the bear market and i feel awful... i just want my friends to succeed along with me but fucjing around with friends and money and crypto is a dangerous game
you claim no responsibility ('something i did not even do') but you did introduce him to crypto. so his root cause analysis was that you were the starting point for his crypto failure, therefore you must be bad. its hard to argue with that thesis, maybe it was not just the crypto.
and that exactly why people are afraid to advise their friends on money.
"the moral of the story is do not advise people to get into crypto, or tell them what to invest in, friends or even family, because when shit goes south the first person they will blame is you." dig a little deeper and you'll find your part of responsibility: you did not explain"shitcoins." that's similar shallow level of information people usually hype their friends up with on bitcoin - whether actively or passively.
honestly, i am afraid this could happen to me for someone i helped get into crypto or stocks. i try to make to make it clear that crypto is high risk and only invest what you can lose. always do your own research and you are responsible for what happens with your money. ' sorry this happened to you.
crypto is no better than mlm. just look at the dumbass paragraphs of emotes and epic stonk memes on these boards. i don’t blame your friend in the slightest.
i had this happen with someone last bull run. he even works in finance, so there is no good reason to blame me and not himself, but somehow it is my fault he bought shitcoins i told him were shit.
one of the tactics of a cult is to isolate you from the people you know.
i teach finance and economics at a large private university on the west coast. i cannot tell you the number of students who want to crypto and do the exact same thing, every single time. people that don’t know how to invest and at least have a basic understanding of how the markets work before attempting to invest in crypto, which is a volatile and bizarre subsect of the markets in general, always fail and fail hard.
good lesson for him and you. win win
maybe just sad and does not want to talk about it? blaming someone else is always easier than introspection. if that is how he continues to feel, it is for the best. a friend of mine has been asking me about crypto for a few months. the only advice i gave was whatever you invest expect to wake up tomorrow and it is gone and secondly get a ledger. i give soft warnings about rug pulls and meme coins, tried to explain the difference between real projects and scams. the list she plans to invest in are all meme coins. doh! at the same time, she may invest in some coin that does 50x and i'll be damned.
cognitive thissonance. either he feels like he was tricked, which means he was gullible, and naive and fucked up, or it is someone else's fault, the person who got him into crypto. with cognitive thissonance you cannot have two opposing perspectives, so the most palatable one is chosen. that's the one that puts him in a better light. it's standard human behaviour. he might come round, might not, but either way it is not your responsibility. but yeh, keep crypto quiet, for the most part, i would say.
guy sounds like he can’t take responsibility for his own actions. fuck him, you don’t need people like that in your life
i don’t think he is blaming you, he might be too ashamed to speak to you that’s all. doesn’t help also that you asking him why he would do that is like rubbing salt on his wound, making him feel worst and shameful.
he was never a true friend. selfish and not deserving of your friendship don’t worry about him!
your friend sounds dumb as rocks.
some friendship and marriages tend to work only because some external factors protect them from ever being challenged on their true worth. i define those as “fake or false” because a true marriage can and should withstand a bad financial situation or even if one member has a period of time where his mental health deteriorates. anyway, it’s the same with friendships, some are false friendships that you only realize that they are false when they are put in a situation that requieres sacrifice or demands something of value from them ( be it understanding, work, support etc ) in this situation, you are clearly the person that was a true friend and even helped him with knowledge, knowledge that required previous sacrifices to learn( thiscipline, time…etc) don’t dwell too much on that false friendship, i see it as a gift from life to you, to be presented with that realization at this time and with this situation…just keep being a good person, try to push yourself to have social interactions that you find confortable and you’ll see how you’ll end up with better people surrounding you and that are grateful to have you as a friend.
i'm sorry op... but i also blame you for my woes... why did you do this to us!!!!!
bro. let’s call a spade a spade. john is a shit friend.
do you have a youtube channel, or some way i could learn from you? i've been meaning to get into this but it just seems so wild and crazy out there. definitely do not want to end up like your former pal. i have savings but i'm afraid that inflation will corrode them.
that was not your friend but a toxic and ignorant person you tried to help.
he is in uni. he probably has like 1k savings lol. move on
>i.e. playing video games all day and jacking off in his uni dorm room. i kind of miss those days
if you submitted this to aita i think i'd go with nta, but just barely. i'll take the other side because everyone else seems to think john is an absurd loser, and op now seems convinced losing his friend of 10 years is a good thing. i wonder why some people think we're in a cult? john apparently lost a large sum "all his savings." expecting him to be totally rational about it is a bit much. he's human, and he is going to do human things like thisplace blame. give the man some time to process it, and if part of that is being pissed at you, suck it up, and check back with your friend in a month or six. yeah, ultimately it is on him, his mistake, his decisions, and he is going to have to accept blame if your friendship ultimately continues. which is why you're not the asshole. couple red flags in your post though. "i.e. playing video games all day and jacking off in his uni dorm room." was this necessary? either you really just do not respect this guy or you're throwing it in to slant the opinion of the people replying in here. then there is the "he is a bit slow." if this caricature of your "friend" is at all accurate, then yeah, you should have done more to protect him. "taught" him how to find good projects? are you serious? your slow, lazy friend, is going to go through white papers? you should have told him btc, eth, and if you're feeling saucy you can put a little in cefi. and i still would have stressed the risk and volatility and do not put a dime in if you're not comfortable with getting cut in half. one could argue you sent this guy into the ocean on a dinghy and unsurprisingly the sharks ate him. too many people want to "sell" crypto to their friends on this board. whenever people come to me i basically try and talk them out of it. stress the risk and volatility. if they are still interested i'll give them the nuts and bolts of how to set up a wallet, buy on an exchange etc. i have not onboarded that many people, but i have not had any come crying to me about the market or getting scammed either.
i thought was on the apex legends subs for a hot sec and got really confused.
i already got two of my friends into crypto and they are 50% down. but obviously they bought with money they did not care to lose . mr john was probably quite stupid.
nta wait wrong sub. yea in that situation i would’ve at least texted you and been like “is this a good idea”
this is why i never talk to others about crypto unless they first bring it up. if they strike it big they will think they are a genius, if they lose everything they will blame you.
it's easier on the ego to blame anyone but yourself for your problems. it will be a long while, if ever, for him to realize this is his own fault.
john is an idiot with no accountability. forget him
give him time, he is probably in shock.
you know... i think we all try to help our friends out in every way we can, especially if we're close to them. however, when it comes to money it seems that everything changes. even if you give them the warning signs of what to look out for etc... don't be hard on yourself as we all know stocks and crypto can fluctuate unexpectedly. if he manages to see that you indeed try to warm him and give him actual good advice he will come back in his own terms. if he does not, then perhaps it was going to happen eventually? we tend to forget that we all have a change of friends every couple of years as interest change, lifestyle, life goals etc... just know that if he were to come back into your life, you know that you have your door open for him. until then, do not beat yourself up. cheers!
be glad someone like this is getting himself out of your life.
fuck your so called friend john
fuck this market man. its a shame because this scum of a bear run has turned away so many new investors…so thissapointing.
had a similar experience. told friend a little bit about crypto, warned him to avoid the memes. and what did he do? all in on doge... right around elon on snl... so... not his best move. accused me of not warning him "enough" bitch... i literally told you, in explicit detail, what to avoid and how much risk was involved lol
2020: the years you found out who your friends really are.
losing money with friends is a great hobby
that's shitty, i was talking about crypto to a buddy mid 2017 peak, he was very interested in ethereum as he had heard it might beat out bitcoin. (this was a guy who did not closely follow crypto, but knew a *little* about it) so he asks me to breakdown why ethereum is different, after a few hour work thiscussion about smart contracts, and it is features etc. fast forward to the next day, he calls me and tells me he bought ... queue me kicking myself for forgetting the whole "bubble" speach... it crashed, he was pissed... (luckily not at me) the worst part? he sold it all in 2019...he had a little less than 3 eth, sold at ...
shitcoins and paper 📄 hands 🙌 are not worth keeping in your life.
how much could he lose from his uni dorm room?
moral of the story, do not give a f*ck about losers who lose their money on decisions they made then try and blame you. i do not, why would you? i would be sending him texts every day of my gains and asking him how that pnd scam is doing.
it’s still painful to lose a friend, even if it is for the best. i’m sorry my guy, it sounds like you were a good friend
sad truth is that this is the true cost of much of the new wealth in crypto... people not knowing what they are doing and losing all their money by giving it to a small number of people or strike it big. early adopters and those who have better instincts and emotional control win while the vast majority of noobs lose. telling people dyor is meaningless if they do not have much numerical sense and simply are not good at evaluating information carefully...
i feel like “john” is an allegory for society at large - always blaming anyone but yourself for your misdoings.
"i replied asking why would he do this when i advised him otherwise" to be honest, "you should have listened to me then" is pretty fucking tone deaf when a guy's just lost his life savings. i'd have blocked you too.
he sounds like a moron
well to be fair... you even said yourself that he is slow. and while that is usually just a way of saying someone is stupid you can take it literally in such a scenario. a smart somewhat smart person would go through all the scenarios he could think of. sadly john is still stuck at the early emotional thoughts of you are to blame. the problem is that some thoughts require a 'minimum speed' to leave again. he might just not be fast enough. actually had to laugh at my own words there. he's not smart enough and you should not have introduced him i think. it's not your fault he is an idiot that believes that youtuber, but it is your fault to expect he is smart enough to understand the concept of this stuff.
i read what you’re saying. its an unfortunate scenario, that unfortunately your friend created for themselves. investing in general is risky, twofold for crypto, infinitely for low cap coins. you did your best to advise him of the basics and he didn’t listen. he got emotional and in a panic his heart selfishly defended itself instead of his brain taking the heat for the unintelligent move. i understand your pain of losing what was once a good friend. i have lost and left behind many people for a variety of reasons. you can make new friends. don’t blame yourself okay, john obviously has an easily influenced personality and impulse control issues. people with those types of personalities will have serious trouble when it comes to finances in general. screw john, i will be your new friend.
you did nothing wrong, not at all. i have a friend who constantly pressures people to buy shitcoins and that is actually shitty though.
i call bs moon farming
you dodged a bullet. john’s an asshole who cant take responsibility for a mistake and you tried too warn him 🤷🏻‍♂️. he can slap dick.
not a good friend, nor somebody you want in your life. he’s an idiot for investing his life savings in shit coins as you mentioned. take your energetic elsewhere and let him learn how to take some accountability.
i think people who aren’t even into stocks or crypto like myself know it’s all a gamble. and if you really gamble all the money you have. you deserve the l because you don’t even need advice to know not to put all your money into a slot machine like. you got issues.
good riddance. friends are extremely overrated anyway...
you did good man… and great advice not telling people what to get in to as far as a speculative crypto goes. with that said dude should have done his research and follow the rule”if you can’t afford to lose it all don’t invest it”. anyone in the crypto game for any length of time diversifies and would never ever dump their life savings into a shitcoin.
this is one of the stupidest things i've ever attempted to read.
i always forget y’all are like 17
bros before crypto’s!!!! isn’t that how it goes???
this is why i have told my family i won’t buy
the moral of the story is: john was an acquaintance and not a real friend. my father once stated many years ago, “ if you can count the friends you have on one hand you’re a lucky man because most people can’t count the real friends on one finger!”
good riddance, your friend was a moron
everyone's blaming the friend but at the same time i sense just from your very first paragraph, by him telling you he was busy that he clearly was not into it, and then you had to tell the world how he just plays video games and jerks off. you sound like the actual bad friend and i think you're only telling one side of the story, to make your cause seem better. i know i'll get downvoted but you sound like an immature person just how you're typing, so while it is unfortunate your friendship broke up, i have a feeling he will do just fine without you
"he said a youtuber..." lmao first mistake. don't listen to these people on youtube. never a good idea.
your friend is an asshole and the fact that he acted so toxic against you when you literally told him about the scams makes him a stupid person that has no self control. try to explain what actually happened to friends in common and do not let him spread that he lost his money because of you. show chat logs if needed, you did not do anything wrong, he did. and of course, do not feel bad for anything you did.
i’ve seen so many of these posts by now. stop telling your friends and family to gamble on crypto. say you have no idea what is going to happen and neither does anyone else. there is a lot of cult mentality in crypto and people get fleeced by the swings in bitcoin, eth and every alt. it’s not just shitcoins.
sounds like your “friend” is a lot more slow than a little...
all these coins are shitcoins. if someone can release a tweet and tank the value of a coin by 40 percent, what value did it really have to begin with?
are you 10 lol cause he sure is acting like it dont talk to friends and family about crypto, money or business
your friend john is a fucking idiot.
don’t worry. you have just removed a stupid and immature person out of life. that is not a lost.
fuck him bro. he’ll be back on your dick talking about “remember when’s” when the gains start rolling in lmaooooo
> and he had lost all of his savings good, fuck john!
op do you know the 5 stages of grieve? he will probably come around
he's a giant dumb baby. friend or not. sorry lol
“great hobby to have” the dumbest thing that i hear since the last dumb thing he did the right thing
he am not no friend.
i find it best to tell people who come asking that ) this is gambling. less so then vegas, more so than investing, and perhaps somewhere in the ballpark of meme stock option plays. ) i tell them that this whole thing was started by an anonymous group (or singular person) and the predominate use case for years after was the illegal sales of drugs. ) i send them some of the white papers (usually with a chuckle) and say “how much money would you invest in this idea?” ) i show them historical charts of the market and thiscuss the major downturns, the big ones that send the majority of us crying in our soup. i then try to correlate other events with those downturns (like the economy) ) by this point we have a buzz going on with the bourbon and we brainstorm together what the future might really look like, and what roll crypto might play in it. if you go through those steps, and then put in more money than you are comfortable losing then that is your bad, not mine
# john has small dick energy
moral of the story is your friend is an immature person who is easily manipulated and has no concept of taking any responsibility. this type of personality will eventually extend outside of crypto. i’m sorry that happened but it may be for the better. also, it was shib huh?
the road to hell is often paved with good intentions, i am often told. i am a crypto enthusiast, i have skin in the game, and i am adamant when it comes to the thiscipline it takes to measure twice and cut once. because my name is out there and i preach the word of crypto, i get propositioned all the time to make easy money from crypto. all attempts fail, because no attempt gets past the sentinel. basically show me the source (code) or gtfo. i also am starting to get "friends" and "family" inquiring about how to invest and what to invest in. for that i am extremely wary to advise any of them, precisely for the same reason you are experiencing now. my skills with this industry is hard won, i have waited even when i could of profited to learn the code first, understand exactly what i was investing into second (measure twice), and committing to the bet last (cut once). there is no reason for me to believe my friends and family have that same thiscipline, so i do not encourage (or thiscourage) their involvement. i simply tell them the facts, tell them i am not a financial advisor and the risk they take in crypto is entirely on them.
bro i literally feel so bad i advised my dad to get into crypto for some reason. mf had a severe gambling addiction and crypto is not exactly a thing i think he could resist if he actually got invested into it. you know the whole invest what you can lose i mean it would be fully his fault for being a idiot but him being kinda my dad will affect my family really badly(my sis still lives under his roof) if he went on gambling sprees again this time in crypto. i honestly feel like such a jerk though. op is saying truth guys, be careful around who youre talking about this shit.
people must start to thisclose said youtubers and the coins they shilled so others steer clear from such pump and dumps.
few month of experience and never feel the need to look advice from youtubers. you simply cannot trust them, is shameful the amount of shilling there. to learn something you need to learn where to. to all people going the op's friend way, make yourself a favour.
i usually advise the other way - it is a highly manipulated speculative financial asset with no real purchasing power. i've made a few thousand from crypto, but i still do not consider it an amazing investment, partly because it is only a money play.
he's just in denial at the moment, it may take a while but he will come around. his brain is full defensive deflection mode, and the only way he can process is by blaming others at the moment. once he is had a bit of time to process, and acknowledge that you are not responsible for his decisions, he will get in touch. maybe you'll laugh about it one day. but for the time being i guess he just needs to stew about it.
moral of the story is do not be a dumbass and listen to good advice
i recently learned that you can put in say 250, and if it goes up, take out your 250 and let the “house money” work. 0 risk?
some people are just dumb
“people will forgive the scammer but not the person who warned them of the scam, for the scammer only took their money, but you made them feel stupid.”
sounds like you actually dodged a bullet having him as a friend. anyone who is that immature and cannot take responsibility for their actions, is not a friend you want.
never invest more than you can afford to lose simple as that
parasites 🦠 be gone. you were saved from a low life
maybe too mad to see reason? but sounds like days passed so not sure. either way you warned and took time to teach a friend. you did nothing wrong here tbh from what ive read.
your former friend sounds like an idiot but you sound condescending as fuck
not blaming op, just exploring why this happened. while him losing his savings isn’t your fault - i’m caught by one line in particular. “he’s a little slow” i have to say objectively that if you know your friend isn’t that intelligent, exposing them to one of the shadier forms of investing wasn’t the best idea (say what you want about the benefits, there is a very dark side to crypto). it’s unlikely to turn out well even if he didn’t get conned - crypto investing isn’t remotely easy to do, even for otherwise intelligent people. it’s not your fault, and it isn’t fair to blame you - but in his head, none of this would’ve happened if you hadn’t shown it to him. like you said, he’s kind of slow. i’m not sharing this to guilt trip or blame you, just to share his reasoning. i’d take this as a warning to not advise people to get into this unless you think they have a good mind for it. it’s really not for everyone.
when people show you who they are, believe them.
if his first buy wasn’t btc he’s s moron lol.
he cannot face you because you warned him about scams. initially he sort you out on crypto & if he were a good friend & respected your knowledge he would have told you what he was thinking of putting his $$, he did not, instead he trusted some guy on the internet,,,duh. some people are just users & when you are no longer of use to them they dump you. you are better off & one day when you're at a red light in your lambo , guess who will pull up next to you in his 10 yr old honda civic?
better off without him. rub your gains in his face in 2025
try yelling at them this, it worked for me to protect myself and they still buying shit coins, but no blame game: i fucking told you not to buy shit coins. and even with great coins we go through cycles. everything in life is cyclical. even menstruation is cyclical.
he is just being ashamed to you as he did not listen to your warnings. there are 7 stages of grief so just give him time to pick himself up.
eh. fuck that guy. he isn’t a true friend anyway
you have been friend with af asshole,... for 10 years,... thats must be hard man, best of luck and stay away of that lil shit head you call friend
kinda why you don’t advise people in investments.
you're better off without that dip shit loser
this is why i'm very careful about giving people investing advice. get it right and you might get a high five. get it wrong and they blame you for losing their money. it's just not worth it
lol not your fault he got caught bag holding
damn. i was almost like that, but after a little research i think i chose well the coins to bet on. but, since i'm overall new to this, what is a shitcoin? what kind of coin can i say its a shitcoin? those with meme name?
yeah well, good friends are always a bummer to lose but when they obviously have such grave personal issues ... it's like whatever honestly. what's next? you drive him to a nice restaurant and someone drives into you on the way. you both break your legs and john is now pissed cause it was your fault? sounds stupid af to me. a shame nonetheless.
you had to be more clear if you said to him that he should not trust anybody... he did not trust you.
the moral of the story is do not hang out with natural born losers. you can’t change them. you didn’t lost someone or something. you learned something valuable and it took 10 years. carry on. you´re the good guy.
i don't know fake, it looks rick.
this kind of person exists all over the place. he’s not stable. it doesn’t matter that you tried to help him, he can’t process it correctly. bail. it’s not gonna get better.
weird how you write the story like it is a part of a book
he was never a friend, like other people have said. if he comes crawling back, keep that door closed. you are worth more then that - these people who have greed for a heart, will always loop back around - because they don’t see you as a solid friend, they will see you as someone who knows something that can help them get money, regardless if they lost the first time. these types of people are susceptible to the fomo - and will come a knocking again once btc turns around for atm and is all over the news. your best bet is to not respond to this person at all, and if they persist, the response is - a simple, no - you do not owe them an explanation, or any details about your life. talk crypto with us, hell, i would love a friend to bounce ideas off of and strategize with. drive our lambos together baby!!!
i mean that’s really not your fault he literally decided to follow a youtubers advice when you said not to do that. i wouldn’t feel an ounce of guilt because also who invests their entire life savings on stocks when they have no background knowledge??? i invested maybe 1k. your friend would rather block you then learn to be a better human and accept personal response and that’s truly sad and pathetic honestly.
he just needs someone to take that blame of his actions. not your fault. welcome to the life .
don't talk about crypto with people. don't tell stuff about their money. people will look for themselves when they want to and will get rekt like everyone does. then we get into slowly and understand it is not a get rich easy scheme.
he's pretending it is not his fault. some people can do it their whole life.
i was having good profits in april so i inroduced crypto to my best friend. he was buyin a lot ot vet. now he has an 70% loss and would not speak with me. but i think after it goes up again he will. this is crypto.
so the moral here is to learn how to become a youtube scammer and get rich over other people's back. got it!
he does not understand investing or crypto. that's on him.
john sounds like a loser that, even before this, wasn’t a remotely fun or interesting friend.
he was not a friend.
i found myself in a similar situation this weekend to the op's - out for the first time since the pandemic with a friend who was asking me all kinds of questions about crypto (they brought it up, i did not...). my friend is not very tech and(good old dca) and it worked out brilliantly. a small amount each week, what they can afford, and it added up (and continues to do so). i was just about to do the same for them with a coinbase acct (pls no judgments i think it is the best for someone who is a beginner and not crypto-savvy) but now after reading ops post i'm thinking twice about it... there's nothing that can ruin a friendship faster than a thisagreement about $$. but in a few years from now would not our friendship be ruined anyway while my crypto grows and they are left behind? so is it a question of damned if you do and damned if you do not? 3 comments
> he wanted to pull himself together and thought that crypto would be the catalyst john is an idiot. no offense, but if it wasn’t crypto, he would have fucked up his life with something else and blamed whoever introduced him to that thing even though it would have been 100% his fault.
if they blame you for this situation, you didn’t t lose anyone. john never gave af about you. let him fuck off
"i told my friend to get into gambling and it turned out poorly for him - why is he an asshole" get a fucking grip
this is exactly why i never give investment tips to anyone.
i also know a 30 year old kid
sounds like your friend needs to grow up. if he has an inability to take responsibility for his own actions and is treating you like this, chances are he is a long term friend but not necessarily a good friend. surround yourself with better people. john's an idiot.
the first rule when you invest is to never involve money you cannot lose, and he did not follow that
that is not a friend. the end of the story made me smile. since the beginning of humankind people have been scammed. and until the and humankind will be scammed and blaim others instead themselves, ok not all but 99.9999999% will😁
this is mainly why i try to steer away from these conversations. i do not think its your fault.
welcome to the world of those of us who do not buy every government fear tactic. we've been getting this type of treatment just for trying to debate and thiscuss things
yea, i’ve got a couple friends into it and thankfully they aren’t complete idiots like that. but i tell them “don’t invest more than you can afford to lose or at least tie up for 4 years” so often i almost feel like i over do it. plus whenever they ask me what i think will happen, if doesn’t end up working out that way they’ve never been mad at me because the other thing i stress before i say anything is “hey, anything could happen, but it looks like...” i maybe wouldn’t have showed him how to use a wallet like, *right* away, that’s how he got the scam coin, right? i basically just start my friends off with coinbase. can’t buy a straight up scam if they don’t even know how.
sounds like john got greedy, did not diversify, and went all in on a shitcoin. exactly why i do not fuck with micro caps, and do not go all in.
it could be that he’s embarrassed
wana lose friends? just involve money.
the only crypto advice i give is dollar cost averaging in btc, and never sell whatever happens. and that is to family or close friends
op - i hope the lesson you learn is to pick better friends. sounds like this friend and the subsequent mutual friends are wankstains and not deserving of your friendship. leave them behind - they’ll only want your money when you’re a crypto millionaire
> i spent countless hours of my personal time helping him learn basic things (he is a bit slow). could’ve seen it a mile away, op.
did he fomo yolo on shiba inu bullshit? lol. now that you have told us this... we wanna know his side of the story. send him this post and tell him to comment with his side of the story.
seems like a win to me. you got to find out that you’ve been hanging with a shitty friend for 10 years
sucks but good riddance, what an idiot
should tell him that he can make his money back by investing in fd call options.
haha, what an idiot! 🤭
either this is creative writing or you have crippling autism
ultimately it is his f-ing problem if he cannot stop once he is losing and he likely would have blown his savings somewhere else anyway. but learn from your one and only mistake, which was encouraging someone you feel is "a bit slow" to trade cryptocurrency. it's an easy mistake to make with all the excitement, etc, , but now you know if a similar situation comes up to do the opposite. discourage that person from trading.
i'm sorry man, that sucks. but, perhaps in a while he will talk to you again. right now, i think he is in a world of pain, and blaming others is easier. but. if this person is intelligent, they will, possibly, see the light. once they stop hurting. either way, sorry man. godspeed.
this subreddit is gonna tell you that it is in no way your fault. but truth is you do bare some responsibility. not all. but some. you're not an expert in this. and if you're honest with yourself, you know you did not warn him enough and teach him enough. and you never could because you are not an expert. you basically opened the door to the kalahari desert, told him there was millions of dollars of treasure in there, gave him a crash course in camping, then added "just be sure to avoid the lion's" even though way more than just the lions can kill you. also, after he told you he lost all his money, you had the gall to basically say "i told you so" back to him? no wonder he ghosted you.
> the moral of the story is do not advise people to get into crypto, or tell them what to invest in, friends or even family, because when shit goes south the first person they will blame is you. for me the moral of the story is that advising people to get into crypto is a good way to get rid of shitty people in your life. i've spoken about and recommended to anyone i know and like that they invest at least a small amount in crypto. when people have chosen to buy in before a crash they will get nervous and ask me advice on whether they should sell or not but i've never had anyone blame me for losses. if they did i'd laugh in their face. anyone who would act like op's friend is a selfcentered asshole not worth spending time with.
sounds like john is a bitch.
i could understand you bearing some blame here, it kind of depends on how well you knew your friend. for example, if john had previously had a gambling problem and had gotten over it, only for you to introduce them to crypto, then yeah, you bear a lot of the blame, that is like giving somebody who had a problem with meth some heroin.
my dude, it’s as if the trash had taken itself out.
john seems like an asshole, fuck him and his money
don't worry about john. john suffers from embarrassment issues. it's common. people cannot stand being wrong, and even when it is obvious that they were, they will still blame someone or something else. john is a miserable person, but you should not stress reaching out to john until he has figured this out for himself and created some growth from these experiences, which may never happen. the best thing you can do, keep advising people on the knowledge you know regarding crypto, especially when they ask, and cheer for john to overcome his growth hurdles even if it does not mean speaking directly with him.
my mate was trying to get me into crypto, but i think its a mugs game. the price of most of them is more flaky than a box of kelloggs...
all cryptos are scams lmao. some glow in the dark alphabet soup people literally paid some nerds to create crypto, some dork tech bloggers to write articles about how it was da future and now they have probably made billions. question: how can everyone make money off crypto if everyone buys in?
this is why i don’t give anyone investment advice. i don’t talk about my holdings to anyone not even my best friends. i keep it very private. i broke that rule once and a good friend of mine took it as gospel and lost about half of his savings. he still speaks to me, but our friendship is a lot icier and he’s bitter about it.
this isn’t really your fault. john ”invested” more than he could afford to lose in speculative, extremely high risk assets. he didn’t allocate a small portion of a diversified portfolio to crypto. scare quotes around invested because it’s not even investing, it’s just gambling. john isn’t speaking to you because he knows he fucked up. he knows he lost all his cheddar gambling. look, if john and you started drinking socially together and he developed a problem while you kept drinking socially, he’d also avoid you if he was trying to get sober. you wouldn’t have been responsible for making him an alcoholic because you gave him his first shot of vodka, but this is what reasonable people do when they’re really trying to get their shit together and crawl out of an addiction. it isn’t about you. it’s about a guy trying to not ruin his whole life by being a degenerate gambler. you should respect that. this post is like, i used to play edward 40 hands with this guy, then he started downing fifths every night even though i told him to stick to 40s and natty ice. now his life’s fucked, he’s going to aa, and he’s avoiding me. why is he mad at meeeee, i told him not to drink a fifth of vodka! it’s all about meeeee. if you care about this guy at all, you’d understand that he needs to avoid triggers that might start a chain reaction back to addiction.
rule 1 of all investments : never invest what you cannot afford to lose in a heartbeat
should have invested in algo, eth, btc, xrp, xlm, i really do not get how people get scammed in this. i started alone, from scratch, and invested in random crypto and made a profit. only when i started diamond handing i saw my portfolio drop, i trust no youtubers and when someone says get rich quick i run for the hills. except for amc(and its printing). oh and for further reference a good friend of mine adviced me xrp and i am down 50% and bought many dips. i never blamed him.
i had two friends do the same thing. i told them to avoid shitcoins and just invest in cardano back when it was under a dollar. people just want an overnight 50x gain
there’s a great scene in a bronx tale where someone owes the kid , and his older mobster mentor tells him something to the effect of, better to find out now that he’s not really your friend than to continue through life not knowing. essentially, it could’ve cost you a lot more in the long run. sometimes your out money, other times your out of a time investment. but at the end of the day, the sooner you can find out that someone isn’t your friend, the better. ten years surely seems like a long time to you right now in your life, but eventually as you get older you’ll look back on this and be glad it wasn’t twenty or thirty years wasted. i say your advice is backwards here. tell all your friends about crypto, do whatever the fuck you want to in fact, and find out who your real friends are early and often. you can always earn more money some day, but you’ll never get your time back. edit: proofreading.
doesn't sound like a friend.
toxic people are everywhere & it’s incredibly rare for people to take personal responsibility.
good riddance! you do not need fairweather "friends" like that. especially not someone you would call your best friend. this will be good for you in the end.
i was talking to one of my work friends about dogecoin in december, dude bought like . i have not seen him since ~march but i hope he dumped when dogecoin spiked. me on the other hand put like , dumped when it sat at the same price for months then took a slight dip. rip my investing strategies but i only lost like
literally don’t give financial, especially family and friends. there’s no good to it.
your friend sounds like a knob. when investing money, we are all responsible for our actions
hes blaming anyone he can for his own actions because he is full of regret and anger. he will probably come along. i wouldn't listen to those saying he was never a good friend or anything, he might have problems with himself or mental issues and this caused him to blame others. just wait for him to come around buddy.
your "friend" is a chilthish cuck. losing him sounds like a bonus in your life, move on!
i’ve had some family members come to me as crypto is getting more popular. my advice to them. do not buy anything. mine first with your home pc as you learn and educate yourself. at least that way you are not out anything but electricity costs. as you get more comfortable and knowledgeable we can branch out a bit more.
hey man, for someone who's going through something similar, it is not your fault as you probably already know. this is his way of coping. he needs to stick to his convictions. it sucks because you've known him for so long. yeah, losing your savings is a huge ordeal in life but now you know how much he considered your friendship. he burnt the bridge. he literally spoke in actions by blocking you: his savings is more significant than your friendship. let that sink in. the truth hurts, and he will realize what mistake he had made when he reflects on this. it will be a milestone in his life when he comes to this realization. if he does not, well who cares - you do not need someone like that in your life. you like teaching and helping others - you will definitely find a better friend👍. in the meantime, you should just move on with your life. doge to the moon 🚀
oh no he bought safemoon
your friend is a loser.
haha, it is funny cuz in your story i actually am john but did not end up being upset at my friend that got me into crypto. the thing is when he told me about crypto and exchanges and so on he also told me do not get involved in pumps and dumps like those on binance or kucoin or you name it and those were actually the first groups i joined and lost some money on it but it was a good choice, i have learned my lesson and had some fun in the end. no worries man, if he has even an eighth of a btc left somewhere there he will get back to you later and thank you
sounds like you're better off without people like him in your life. it was his money and his responsibility, not yours.
hes just feeling real emotional at the moment and from your description of this child, it will take time for him to mature. crypto is known for its volatility. indexes and funds are the go to for people like this.
man this sucks. i’ve been trying to combat this by low key shitbagging and shaming bad behavior when i talk crypto. “can you believe someone invested their life savings into a coin with no history? what a fucking tool. good thing we’re better than that, right?” maybe it’s a bit underhanded. but i don’t want people getting scammed. so i come off a bit strong against shady behavior.
its easier to blame others than to own up to your own shortcomings. i love telling my friends about all the awesome gains i got off of coins we talked about but trust me im vary clear and tell them everytime i loose money too.
getting financial advice from people who have no business giving advice (you and youtube), *what could possibly go wrong*?
nothing of value was lost he must have beee a true degenerate to put his savings into a shitcoin
dumb people are dumb. also he probably feels dumb. you should send him a lil crypto to his wallet to cheer him up. or not ¯\\_(ツ)_/¯
eh, i mean probably for the best. that’s not a friend, sadly. still sucks :-/
that's unfortunate. the fact that they blamed you when you specifically notified them of these kind of risks and couldnt own up to the responsibility of them messing up is sad. im sorry this happened to you.
ur friend sounds like a pussy lmao. just drop that loser
sorry to hear that happened to you. what was the shitcoin?
these idiots convince themselves that you're telling them to be careful... because you secretly want all the gold for yourself.
wish i had a friend like you bud.
here's what you do: put him on complete blast. call him the fuck out, and make it clear to him and everyone of your mutual friends that he lost his money, not you. does this sound mean? who fucking cares. the guy is going around town badmouthing you, make it clear he fucked up.
people need scapegoats for their problems
moral of the story is do not be friends with people who spend more than they can... no one twisted his arm or told him to dump all of savings in something that does not even physically exist...
i’m glad to see your edit. fuck him bro. he was never a real one.
crypto is already the wild west of the 21st century. going into the abyss of shitcoins is one step above sending “nigerian prince” to cover the transfer fees so he can wire you ,000,000.
i introduced my boss to crypto. did tell him all the warnings and stuff. he made some gains and then he bought 0.7 btc close to the top. he's down now around 10k usd. he has not blamed me or changed his attitude towards me in the slightest. he knows he made a bad call and that was his sole decision. if your friend stopped talking to you only because you introduced him to something great and then blames you for his own bad decisions is no person i'd personally want to hang around.
lemme guess, this guy "got his shit together and invested" after seeing crypto doing a 10x earlier this year, did not he? he just want quick gains and jealous everyone else invested while he was lazy and got in before the pump. and then he is frustrated that the coins you recommended him weren't moving up fast enough. it's probably btc eth link ada that he already missed the biggest pump for. so now he is hunting for his very own 10x. then he believed in some random youtuber's pnd and aped all-in. he did not tell you about this 'hidden gem' because he does not want you too 50x your portfolio with him. the guy's clearly jealous and wanted to make more money than you despite putting in less work.
it could also be that he doesn’t (genuinely) blame you for it, but rather is already embarrassed he fell for it, and saw your response as an “i told you so”. not that it was, just possible.
he doesn’t sound like a very good friend to me so you’re better off without him to be honest
wow. i'm so sorry! but like others have said it probably is better to not be best friends.
tell him to definitely sell for a loss now and buy back in at the new ath. always works for my shit ass friends!
this is what mass adoption looks like
what was the shitcoin i’m dying to know . icp?
this isn’t even a big deal. let it go
i bet he still watches the youtuber
heungminswan: don't john: don't heungminswan: invest john: invest heungminswan: in shitcoins john: all-in shitcoins
you forgot the most important step. always end the lesson with "but idk tho" just in case.
it sucks but you got off cheap, you just spent many hours to realize that john is a shitty person who does not do their own research and never learned how to hold themselves accountable to their actions. hopefully this is a life lesson for him to reflect upon but i doubt it.
i avoid giving advice like the plague. i am only talking about my passions. i do not want to be responsible for any losses or decisions.
we’re all in this together
i do not even suggest people on what brand of computer to buy, let alone investments.
i don’t talk to anyone about investments or money or how much i ever earned or anything i just don’t talk about money unless it’s with my wife and even when she asks me for advice i give a huge big thisclaimer and end up telling her to just choose what she wants to do with the money she has worked so hard for money stuff breaks up most friendships, relationships etc in my opinion
he could just be sour about doing something stupid. it's dumb that he is directing it at you, but there is nothing you can do about that. just give him space and maybe he will eventually direct the blame where it belongs and apologise to you. if he never does you lost someone who was not much of a friend.
anyone who decides to change their life by putting all of their savings into crypto (which they don’t know anything about) on a whim is probably on the unstable side.
i sure did get a good chuckle out of your post title. thanks. sorry you wasted 10 years cultivating a friendship that ended badly. but as others have said here, it is better to cut your (friendship) losses now. kind of like thiscovering they are anti-vaxers.
i obviously don’t know either of you, but based on the little information available, i feel like i’ve met people like john. i think he will come around eventually. losing your savings would be very painful, and *many* people have a hard time taking responsibility for something that hurts so much. they refuse to. he knows it wasn’t your fault, inside, but he chooses to blame you in attempt to reduce the pain. i think eventually, as the pain subsides, he’ll be able to admit to the cause and be friends with you again. if that happens, i hope you are open to him, and based on your post i think you will be. losing friends sucks, man, even if temporarily. sorry.
ur friend needs to blame himself and he can’t because he’s a jerkoff…sucks that it hurts you, i know but just shake your head and don’t wonder why…burn that guy…
another lesson here is to not share this kind of info with everyone. everything has risk and some people are not in the risk management mindset.
10 years? meh... get some new friends that at least have minimum critical thinking abilities.
i suspect that he is (maybe subconsciously) trying to save face with his family, if it was a close friend who steered him wrong rather than a random youtuber, he can blame the friend. but blaming a youtuber makes him an idiot so he can’t go that route 🤷‍♀️
imagine being so dumb as to buy a shit shillcoin and then get mad at someone besides the shill
if you invest in crypto you should only put in extra money you are not afraid to lose. otherwise you are putting yourself in a potentially scary situation.
when i do suggest a coin to invest in to friends, i only suggest doing less than .
maybe he is just terribly embarrassed?
he might just be really embarrassed and that is why he is not responding.
diamond hands does not mean diamond friends
i'm sorry but he was never a friend, and it was a good riddance. if someone this ignorant and toxic towards you, they are not your friend...
instead of coming to you for advice he listened to a youtube scammer. even after you made him aware of these d-bags he went all in??? you're better off without him.
ya john sounds like a little bitch. find some new friends more on your level.
no, the moral of the story is do not waste your time explaining how investing works to weak minded individuals who seek to blame others when things go south. if your friend is that big of a bitch then he was never a friend to begin with.
🥱 yeah good riddance
tbh you should not have got him into gambling. that's like also getting him into drugs. you do have a responsibility
your friend sounds like an idiot. we all have friends that we outgrow. sounds like he lacking maturity and coming sense. people like that will hold you back anyways. crypto is still a gamble at the end of the day. don’t put in what you’re not willing to lose. he over extend himself hoping to get rich quick. nothing worthwhile comes easy
i am john. i'm actually sorry for my actions, i will unblock you right away and thiscuss what happened... hopefully i can expain why i rushed in such action... hopefully you can understand and forgive me
your "friend" sounds like a complete piece of shit. all it cost you to see his true self was some rational advice. sometimes people have to pay through the nose to see how shitty people really are so i suppose count yourself lucky
ur friend doesn’t seem too bright
some people are just so pathetically dumb and irresponsible they need someone to blame otherwise their whole perception of themselves could potentially fall apart. this is why i steer clear of anyone i deem a "bloated moron" fragile and egotistical
one piece of advice. don’t talk about your personal finance with friends.
his lost, literally, he lost two things, i say he was pretty stupid to begin with
just morons who cannot take into account their own irresponsible decisions no need to cater to braindeads. or (anyone)
thank god you got rid of an asshole and didn’t have to spend a dime of your own money. good fuckin riddance
can i ask how old this guy is? he sounds like a teenager who took 5 minutes of half assed "research" and then blamed you. sorry man. don't blame yourself, your friend made a really irresponsible decision, then acted immature to blame you. do you blame the person who taught you to drive if you get into a car accident? ask him that ^
john is a shitbag. you dodged a bullet... shows his true nature. move on...you even warned hi… of shitcoins... it's on him
the moral of the story is your “friend” is, and always was, a dipshit. you were transparent about the situation. continue to advise like you do.
my friend introduced me to crypto and i’m down a couple grand but i’m not mad at him . i’m gonna hold
i do not think that should be the moral... you did not do anything wrong - he clearly has a lot going on and while it sucks you lost a friend - but this person clearly did not value your friendship.
he may come around eventually. when people suffer a major loss they often lash out at people illogically.
i introduced my bully to stock trading. now i do not speak to him. bought 10 million shares of ₱3.00₱20.00. it peaked at ₱19.00₱10.00.
sounds like he wasn’t really your friend after all
as an accountant, you learn pretty quickly to never give investment advice to friends. people always say, "hey, you're good at money, what should i do with mine?" i always say get a tax-advantaged retirement fund, pick a basket of etfs you like, and keep depositing the same amount from every paycheck into it and treat that money as spent. crypto "plays" (and all other day-trading garbage, i.e. wsb) is gambling, and i would not be convinced otherwise. for every post you see hit the front page about "gain porn," there is a hundred more of people who lose. short term transactions are zero-sum, true growth comes from long term investing.
or stock pick, for that matter. i recommended tesla stock to someone. she lose money and passive aggressively blamed it on me.
this is why i told any of my friends who wanted to invest in the last couple months "shit is very overheated, and very risky right now. invest at your own risk and be prepared for a short term correction."
youtube is not pump and dumps. you have to actually pump. youtube is talk with no action.
some people have trouble accepting personal responsibility and are too immature to understand what went wrong.
i was a bit surprised to make it through this entire post and find that it was not a joke. it was set up as a joke from the very beginning in the way that you would degrade and insult him and his lifestyle. it does not seem like you respect him very much. so, regardless of whether or not he was a shitty friend, i'd take a look inward. even if you're upset about losing a friend, insulting him in front of all of us is not a good look.
i always tell people not to invest. but to convert their old currency to their new currency, bitcoin, and start using it in their daily life.
this is good advice.
hey it is not your fault man you clearly done everything you had to and the real moral of the story is you just cannot fix stupid so pick your friends more wisely next time
i have learned that it is best to never give stock in this case, you told them what to avoid (which is better than saying what to buy) but they still blamed you in the end. in reality they’re upset at themself and embarassed. sucks
there's a general rule in life. if it seems to good to be true it probably is. even if it is elon musk who says it. elon musk is in fact a known pump and dumper.
hes a gamer. buy him a ps5. hell like you again.
seems to me like john can go fuck himself
that’s a real shame. sorry to hear that.
pretty sure i've read this post several times before in other iterations.
honestly, this type of behavior is indicative of someone that hasn’t even gone through puberty. he will have to grow at his own pace. the same thing pretty much happened to me. i stopped talking to the guy who introduced me to bitcoin. but not at all because i sucked at day trading and lost a few hundred. it was because he was an inconsiderate and destructive guy. i would never blame him for my investment decisions. i lost money via my own volition.
you see, john’s a dick, don’t be like john
exact same thing happened to me last week. a friend of a decade+ just lost all his profits and some after the first btc dump to 30k. he apparently bought at 40k when ''i told him'' (i did not), sold 32k, bought 37k, repeat. hasn't spoken to me yet.
>lost all of his savings what was his savings? ?
bros is feg token legit or nah
yeah no shit. why would you introduce something that is meant for pump and dump? just teach him buying tradition stocks on the market. not options either. but crypto? dudeeeeeee that is not easy market being open 24? you introduced a shitty gambling platform to your friend who had no knowledge who enjoyed himself playing videogames and jerking off as be pleased. you fucked up imo. it's like asking how much someone makes. if you had a certified finance background and you were his manager sure that is a whole different story, really managing someone's money. you do not just go tell friends and family about investment, because you never know whether shit is going to work out. so why would you tell others about it?
it sounds like your friend was too embarrassed to talk to you. i know i would be!
ahhh youtube the one place i do not go for crypto news or advice.
i date men like this all the time!! he has done you a huge favour. delete his number, block him and move on. if he’s anything like the immature fuckers i’ve dated - he’ll be back accusing you of more stuff in a few weeks!
sounds like this john feller is angry at himself but cant accept that he was a stupid mother fucker, and seeing you will make him feel stupider because it will make him confront what you both know which is that you warned him not to invest in shitcoins. when you next get a chance to talk to him dont give any apology whatsoever as it will just allow him to continue the (false) narrative that you gave him bad advice. if anything you should ridicule him for investing in a scam and doing precisely what you told him not to do. maybe you could point out how well your own portfolio is doing if indeed it is doing well as more evidence to show that he deviated from your strategy?
well i know it is shit, and your advise is fine, but this may even be for good, your friend is not someone i'd like to rely on. even if he is been there for 10 years, the moment things go south he would stab you.
friendships are built on thoughtful gestures and being a good listener. maybe your friend will come around eventually. it's always easier to blame our hardships on others.
lol how old are you guys? this is like some high school level shit from him and your mutual friends.
lol your friend is a dummy
hahahaha john is a fucking prick. leave that fucker in the dirt
first rule of investing: you and you alone are responsible for your actions. it'll be awhile before he finally takes responsibility, if ever. you do not need friends like that.
this is the problem with people. no one takes responsibility for their actions.
and that is why i do not introduce my friends to cryptos. if they want to invest they can do, but i do not care.
he wasn’t a true friend from the start. good riddance
sounds like he shouldn’t be your friend lol what a piece of shit
>i spent countless hours of my personal time helping him learn basic things (he is a bit slow). honestly, it sounds like he did you a favor. you're better off without him. he would've only slowed you down.
fad friends are just that... they only listen when its advantageous to them and blame everyone else but the person behind the computer doing the trading. i invested around 1300~.75c, aince bought a few hundo more and still holding. its a long bet, no matter how you cut it, and taking their ire out on friends trying to help them make the most out of it is pettiness to a whole new level. sucks you lost a friend, but from the sounds of it, it wasnt much of a loss.
you sound very condescending towards your friend. i never realised that to have your life together you needed to be in crypto... also if you read through post there are plenty of "i lost a family member.
loved your story and your edit best of all. based on the way he acted, if “john” had become rich quickly from one of his crypto ventures, he most likely would have ditched you and talked about how he “thiscovered” crypto and became a self-made man. i am a bit long in the tooth, and one of the most important things i have learned about how to be happy in life is to cut off anyone in your life who is always trying to make you feel bad about yourself. cut them off your phone, social media and places you visit. it’s surprising how simple and enjoyable life can be once you do this. it leaves you with more time for people that are supportive and fun and make you feel good about yourself. godspeed!
good riddance. 1 less idiotic person in your life
do you have his email? i would email him about your thoughts but also showing some compassion for his loss. eventually he will realise that it really was not your fault, by the sounds of it he did not even thiscuss the crypto in question with you so how on earth could you be to blame? i'm sure he would read it if he is to type to actually check their email. that all being said if you do manage to stay friends i just wouldn't bring up crypto anymore because it will just be a nasty reminder for him.
[a bronx tale taught me about friends like this. don’t worry about it. ](
this is why i never advise friends on crypto or stocks. i direct them to tutorials where they can do some self study. most lose interest... or show they cannot handle their own emotions. i only advise a friend of mine who showed emotional control and enthousiasm. she and i share the passion for it as a future investment. she feels the same way as i do: its awesome to be part of it. she is still in profit after the crash thanks to her selfstudy. but i also know someone who got mad at me for not giving advise... invested 50k without studying and lost 20k already.
your friend john needs to grow a pair and be responsible for his own actions done. not your fault he lost money. i've been in the same situation before but hey, i felt bad for a while losing my best friend of 20 years over this crypto. i advised her to use coinbase but she is been buying off of twitter 🤦 & youtube!! 🥺 such a shame these scammers are everywhere and people i mean even educated people fall for it. anyways, i've let go & finally realized, that it was not my fault because it did affect me as well for her mistake!! 😏
sounds like your friend as dumbass and you’re going have a much happier life with that there.
low market cap coin... 50x in 1 week... the largest crypto channel in all the interwebs.
not sure your conclusion is the moral of the story. imagine the scenario that you do not tell your friends about the promising crypto market that you are a part of. you then proceed to become a multimillionare. now your friends wonder why you did not tip them. you are now no longer their friend because you did not share the friendly advice of crypto knowledge.
sounds like your friend is a little bitch who does not want to claim responsibility for his decisions. good riddance, i'd say.
that don’t sound like a friend to me mate that sounds like a dumb fuck good riddance i would say
one bit of advise. don't trust youtubers shilling coins. or we're just gonna end up here again.
this is true. it's sad and it hurts to lose a friend, but sadly, he likely never really was a friend. blaming other people for your own actions, especially after being warned is not a good look. he is really mad at *himself* and is now projecting that onto his ex-friend. he should have went the traditional way, and blamed elon instead
and it sounds like they invested more than they could handle to lose... maybe they will turn around given time.
agreed, john needs to do a bit of growing up to do and leave this toxic mentality behind.
i’m throwing darts in the dark over here
buy small (or large!) amounts of bitcoin on a regular basis, preferably automatically scheduled. don’t sell, check back in 5 years. no one has ever lost money following this method.
the best dyor is realizing that every coin is a shit coin. every single one of them are a ponzischeme. once you realize that, you know exactly what game you’re really playing. it becomes a lot easier to navigate when you know the real intentions of things. so instead of researching the technology behind coins, research the psychology behind scammers, your goal isn’t to find a “real currency” because they don’t exist. your goal is to be just ahead of the crowd and riding their enthusiasm up, and selling before the inevitable mini crash, or crash.
>sounds like your friend isn’t mature enough... >jack off and play all day. yeah sounds about right
the quality of friends is far more important than the quantity. this "friend" was low on the quality scale.
this. in a backwards kinda way i’m betting he feels better pushing the narrative that a friend betrayed him rather than admit he was suckered into a blatant scam
absolutely correct. shame takes many forms - anger and blame are just a few of them.
came here to say this
yep. to op - the fact that you are coming out with profit and he is walking away financially ruined is too much to bear. he cannot look at you or think about you because you introduced him to the worst decision he has made in his life. also, i would say telling him he could get lucky and rich quick was not a good idea. why? because you told him he could get rich if he bets on the right shitcoin - so of course that was what he went hunting for. i'd have told him if he wants to bet only do -500 max. if the market cap is low and it pops off, you will still be loaded. (it wont, but he will limit his losses on an early lesson) i bet he put in a lot if he thought 50x was a certainty. he may have even maxed out credit cards or other form of debt.
and he can fuck off. op should never talk to this guy again. he's a liability.
that personality type of shooting the messenger is really dangerous. if he told his friend its an investment rather than a gamble at a casino, only then he is partially to blame. especially in crypto, where almost all coins are scams, get rich quick schemes, ponzi's etc. the few that are genuine have conversations about technology to solve problems... the boring stuff. the people chasing coins because "duh... some greater fool will buy it so they can sell it to a even greater fool for more" are the people who are gambling. anyone i have a crypto conversation with, i make it clear its not a investment but a gamble, and that most coins are scams. if you want to invest instead of gambling, and you have no clue, then buy yourself a £400 graphics card and mine shitcoins to sell to gamblers, and never bother holding. become the dealer and not the user.
yeah, but that doesn’t mean he’ll be nice later. i’ve had someone do the same thing to me. 9 years later, he’s still estranged.
he sounds immature and needs to grow up and take accountability. anybody acting like this is an entitled twat.
he needs time to come to terms with what he is done? totally ok. defamation among the common friends, however, is way past the red line and totally deserves a resolute pushback
is this friend a kid? or an adult. i find this super chilthish to blame a friend who literally told you what to not do. but hey, whatever. maybe he’ll come back one day and apologize.
i know, he literally has got mutual friends to turn on me too. i dont know what to do right now
better to have no friend than a friend like this. life’s too short for this drama.
i made the same mistake with a family member. all was good until the storm came. she wanted to withdraw all the money at the biggest crash time. luckily i told her if she trusts me to stop watching the price and that i will tell her when they break even. she listened to me and now she is only at 10% loss (up from -50%). i was not blamed for this like the op but saw her blaming herself as she kept saying i should have taken the profit. so really, you can inform ppl if you want, but stay away from being if i could say so positive about crypto. although nobody blamed me, i felt bad and responsible for this. reallity is this - you are on your own. wanting to help will bring more issues on your head ...
had a good good good friend of 10 years dump me literally because he rage quit a game of fifa and i wouldn't also rage quit. blocked me from all media and kicked me out of our mmo guild. i left for hawaii on vacation came back to an apology skype message and the a few days later (since i did not reply from hawaii) another message telling me he always knew i was a piece of shit. he tried to patch it up a few months later but was never the same. lost a best friend of over a decade because i did not rage quit fifa because a guy gave him some constructive criticism. quick edit: we were in our 30s when the game of fifa happened too.
how can i soar with the eagles if i'm stuck strutting around with a bunch of turkeys?
exactly! i’ve had friends who offered me money and asked me to do trading for them and i refused because i’m not a broker. i told them to download their own app and let them take on their own risk. it sucks that he blamed everyone but himself after doing the complete opposite of what you’ve taught him.
true but honestly i feel like op should have refused to help him in the first place. i'd be very cautious in recommending traditional investing to anyone, i certainly wouldn't help someone who i think "is a bit slow" to enter crypto. the only times you hear me talk about crypto in real life is to point out the insanity of it. if people want to invest, it better be 100% their own decision and actions. i really do not want to be involved in them losing more money than they can handle, which for beginners is about .
i had this multiple times in my head when reading op's story. even 10 years people can be shit. i was dumped by a friend because i chose to go vegan. took a while to realise that this "friend" i used to jump on 3 trains and a plane to visit in an entirely different country was never actually a friend. he just used me until he found himself a husband and used my change of diet as an excuse.
people want to blame anything but themselves when things do not work out. he might cool of in time but yea this is a shitty thing to do.
sounds like a harvey specter quote
i’m going through something similar right now, no crypto involved but after 10 years it turns out one of my mates is a narcissistic sociopath and i don’t use those terms lightly. threw me and another mate of 10 yrs under the bus for no good reason. turns out we’re better off without him in the long run.
someone putting their life savings into crypto on the whim of a youtuber am not gonna get therapy
yeah because i introduced him to it, so apparently that means im the cause of everything.
that's a thisgrace to the word friend.
people just want to blame anyone but themselves for their own stupidity. op was just a convenient excuse to feel less bad about himself.
he needs to put an 'end' in the 'friend'
this. op you got lucky and now do not have to be friends with an asshole
same here. i don’t bother introducing anyone into this. heck, i’m currently down 50% so don’t think anyone would listen my advice anyway lol
this past friday we had a zoom video call at work for chilling out, where all the team-members including the manager were talking about investments and someone brought up crypto, ethereum , staking etc. almost everyone was mostly talking nonsense and stating incorrect facts like you need 32 eth on coinbase to do proof of stake etc. i was itching to say something but kept my mouth shut. because i knew as i soon as i bring out the big guns on my crypto knowledge everyone would start seeking my advice which is the last thing i want in a workplace setting.
i always say "do your own research before diving in" and never gave them advice of what to buy to prevent shit like this.
anyone who relies on elon musk for crypto decisions is already a moron
it reminds me of this sub blaming elon when crypto goes down.
i mean, elon shares responsibility though. you do not get to go out, knowing that you have an influential voice, lie through your teeth, and then say "nfa, it is not my fault 😏😏😏". i mean, i 1,000% agree that it comes down to the paperhanded emotional panic sellers, but also we have to kinda accept too that, if elon makes a shit tweet, a mass of morons are gonna panic sell, and now we have to take that into consideration. 🙃🙃🙃 elon sucks, retail investors that trade on emotion suck, and we're stuck perpetuating a cycle to keep from losing value.
at least 99.9% of those are fake.
what a weird fucking timeline we live in. dogecoin hitting its peak when elon is the guest starting on saturday night live.
those are bots. his tweets are flooded with the exact same text a hundred times over. “you made me lose all my life savings because you told me to invest all my money in dogecoin! now we are homeless!” over and over and over the same thing. somebody has bots out to get him. just like 50% of comments on twitter. all bots trying to sway opinions one way or another.
anyone who blames anyone else for anything regarding investment is an idiot. it is based on risk. you failed to evaluate the risk. you failed to do anything to minimize the risk. the risk won.
totally thisagree. op educated his friend and warned him about scams and his friend lost money by doing the opposite of what op taught him. elon on the other hand actively recommended people who know nothing about crypto or even investing in general to buy into a shitcoin and tons of people lost money by doing exactly what he told them to.
if you dca on the way down you'll be back in the green sooner than you think. just do a little each week at the dips (if you can afford to). even if you do nothing as long as the coins are good ones you'll be back up in the long run🙂
john never was a friend to begin with
amen, this is why i do not share any of my investments with anyone but my partner. if things go north they will believe they are genius investors, if things go south they will blame me and my dumb advice.
yeah serious talk, am i the only one cringing hard when i read this? > i got into crypto a while back and i would obviously talk about it with him, encourage him to start as **it is a great hobby** to have encouraging people to invest money as a hobby when you're barely an adult? sure if you're pushing 50 and already have two houses and paid all your debt go ahead and invest money as a hobby. but not if you're just starting in the adult life.
and if we still had memes here every weekend op would have seen kanye tell us "but its not financial advice in case it ruins your life" every weekend.
bet he is kicking himself now for paper handing
its acc crazy to hear about so many people who are like this, like wtf goes through their head when blaming someone else for a decision that they made
yeah, not sure what op expected. if you really like the guy shill him good projects, but there is a large risk they will blame you for it once the inevitable bear happens. but just telling him to look into it when they do not understand math and finance is just setting them up for failure.
yeah, i have bad anxiety too. it makes everything 10x worse
john's going to be sucking his nob when the market recovers
stupid would be putting it lightly.
i tell some people about crypto, but they barely talk to me anyway. it's just another casual conversation.
i like talking to my friends about it just on a very surface level from time to time, they don’t invest in it just because they don’t know enough, so they like my input, albeit really watered down. i never talk about profits or anything, not because i’d feel like they’d want some, but because i feel like once money is involved in anything it could change things, even though i don’t have much invested anyways (for now i just wanna invest to be able to afford traveling or hobbies, not for retirement or anything).
same. actually i advise people who are not very technologically advanced to stay away.
i agree with the harsh darwinist view and think its correct i mean hes the dumbass who did it to himself and he should take responsibility. i also agree with you to a degree op knew the guy was dumb but still got him in to something very complex that may have been asking for something to go wrong.
i'm surprised how few people i see saying this. it makes me feel old and is making me realize that the current people here are probably younger than i think...
id use the phrase 'down hill' or 'off a cliff' instead of 'went sideways' here. just sayin.
or none. unless asked, keep your advices and theories to yourself
and that would be none.
my love for helping people really backfired on me huh.
because those big ones(especially btc) can drop just as hard but they do not have much room to grow. eth is a different story, but even eth would not make you a millionaire if you have like 5k to invest.
5x per year has not happened for btc. the trend is always huge run up for a year or so and then huge crash and bleed for a few years until the next run up begins. for example, current prices are only like 3x what i bought some of my btc. not fud, just letting you know that historically this shit does not grow consistently year over year so you should not be making any plans on it doing so imo.
how many people invested into btc at 70k because it was expected to keep rising? i'd say many
you are a very good person.
yeah, this is the general sentiment of this thread. i was looking at it all wrong, i should be thankful this guy is gone sooner than later.
yes see play the casino and walk away with your tail between your legs
they will blame you if you do not tell them after they see your riches and they do not blame you if they invest. best strategy is to inform them and let them take their decisions.
yeah but you are a good person. john was always a good friend to me i didnt expect this from him, thats why it hurts more
you should be a writer. i’m saving your text for future reference. the same analogy can be said for relationships. you see a person that you have feelings for, it seems so right, but they don’t see it that way. they don’t give a shit about you. whenever you share your success story all they think about is what’s in it for me.
you can say investing, but if people can make money on it they are going to attempt to. it's a security.
yes, of course i told him i made a bit of money, but i said many times how great the projects were. i love matic so i taught him how to use polygon, all about defi platforms, eth 2.0 and what it means for the future of crypto. i guess you are right and i should not have mentioned the fiat aspect at all. but believe me i told him about all the great tech and taught him how to use some of it
> nah bro, it is not your fault. the last thing this sub wants is for people to stop reeling in suckers.
thanks man, he was not good for me, i see it now
of course this answer is only viewable when sorted by controversial. this whole thread reads like a thread on amitheasshole - a subreddit that exists so people who do shitty things can continue living in denial about how shitty it was. no fucking way this guy gave his friend a true warning or a true education in this - first and foremost because crypto is still so relatively new to the world that *no one* is truly a complete expert, let alone some armchair investor on reddit. also the way op talks down about his friend's intelligence tells me op is probably nowhere near as smart as he thinks he is.
thank you. people who invest in crypto are like vegans, they just can’t stop talking about it. op said his friend was “busy” like it’s insulting that he didn’t invest and then when shit goes south “its not my fault you invested in crypto”
honestly, if op wrote that they see crypto as a hobby, op is most likely an annoying ass coin shill who has 0 personality outside of the weird “hustle culture.” i’m invested in crypto but this guy is a piece of work for acting faultless. the dude literally hyped up a bunch of shitcoins like matic and then went on to say he had no hand in shilling a bunch of shitcoins to his friend just cuz he drops a “look out for pump and dump” thisclaimer.
you haven’t read his responses
the whole story line is suspect. op is bashing this guy from the beginning of the story and doesn’t let up. sounds like op is extremely butthurt and lashing out at his friend who, for possibly many reasons, is cutting him off.
that simply means they are in with money they need right now. if anyone got too emotional attached to the money they have in crypto they probably should rethink about how much they want to allocate.
yeah i guess, im still into crypto and holding strong while these guys will miss out
he was a good friend im wasnt gonna hang him out to dry
thank you for this, in the future i will do what you do. never making this mistake again
how did i give financial advice? i never told him what to invest him lol. i just taught him about crypto and a bunch of the main cryptos
i say the exact opposite when i tell people to invest in garlicoin.
nah fuck john. op had a right to be annoyed with him.
imma be honest, i read it and thought "moon farmer" they always have anxiety, always dont know what to do, always friend is getting other friends to turn on them... its like... ya know... maybe just use your head. or get older than 13 with your stories. but of course, you'll have some bot alt say something about this happens alot... no it doesnt. if you bet, you did it. you gambled. not others. and in a week the profile will quietly close and not be seen again. new burner starts, same story, minor changes, similar demure behaviour of a 13 year old, and international name.
it represents the ability of people to wake up and own their own wealth. you trying to wake someone else up to do it ruins it just as much as them asking you to do it for them does. 🤷‍♂️
candle randell handle it though?
take care. im sorry to hear your pain sometimes friends just blame the easiet person mabye they have family to provide for. its easier to blame others but is selfish this does not stop you feeling the way you do. and i understand. mabye i can try help as that what i do best. if just to support you through this. we do mental health satursday fun day sunday to get you ready for monday.
based on the stories i'm seeing in this subreddit, i wouldn't doubt that it was usd for .
i have a friend who is into real estate investing. he made a lot of money doing that. he is constantly trying to get me and others into it. i constantly keep telling him that one of our friends is going to believe him and lose a lot of money, because his risk tolerance is completely different from the rest of our friends group.
they will if they panic sell on a big dump
sounds like a things friends
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i also made the mistake to buy at 40k,but i'm still holding onto that
i bought 10 dollars worth of a shitcoin yesterday called whale cum for the meme... it's already dead lmfaoool
can't stop people from making mistakes, and unfortunately most people find it easier to blame others than realize their responsibility for their actions.
one bit of advise, don’t take any kind of stock tips from the internet
seriously. i use yt for some fundamental or ta chat, but i’d never buy just because they mention a certain coin. hell, i’m diversified as hell and i learned my lessons about believing in shitcoins. not worth it. i’d rather stake or yield farm.
i bought some ada after watching a youtube vid... just sayin
first rule of crypto, do not use social media as research.
bought a very small amount of coins promoted by 2 youtubers i like, and they lost like 75% of their value. the first was from jrny who said he was involved with srk, then the second was from cryptorus who said he was loved student coin and was going to have partnership with them. both were total shit coins, and those would be the last time i would ever get involved with a coin a youtuber is involved in, even if you like the youtuber. no matter what or how upstanding a youtuber is do not buy any coin they have any personal affiliation in. even if it was benjamin cowen or guy from coin bureau, just never ever buy a coin any youtuber has a personal affiliation with.
real advice: advise and advice are different words
kill s. long live c.
shit, i just did and lost everything!!! i’m blocking you, don’t ever try to talk to me.
also don’t trust redditors.
youtube is great for hearing about news and events or even helping you find new coins to look into... they are a great resource kinda like wikipedia... but like wikipedia i wouldn't bet my life savings on it... you always have to do your own research, any risk you take is on your hands... youtubers are the car salesmen of the crypto world... not all of them are full of shit and not all of them are trying screw you over but a smart person does not take a car salesman at face value
one bit of advice: it is better to stick to established coins on trustworthy exchanges (like coinbase, binance, kraken, etc.) another piece of advice: avoid ico's like the plague. most are worthless.
talking to op will only be a painful reminder that "john" really does not have anyone to blame but himself. hopefully he will eventually take ownership of his actions but sadly friendships do not survive the typical length of time that'll take.
crypto in the tank? blame elon. can't get a tesla? blame elon. snl is not funny anymore? blame elon. it real does just work for everything.
yeap. he was never ops friend to begin with
>he likely never really was a friend. this. the way he did not listen to the op's advice and then blamed him who warned him. fake friend.
right. good riddance. sounds like the kind of guy that only talks to you when they can get something from you anyway. i know someone who acted like an immature child in a similar situation and honestly even if that person is just bitching about cryptos and nft etc and not blaming the person that kindly educated them about them nobody wants to hear someone complain everytime the market crashes a bit. it's 2021. if you do not understand crypto by now you're screwed and will be left holding a bunch of worthless dollars. good luck buying milk at 20 bucks a gallon.
' > and is now projecting that onto his ex-friend. ' this. you really find out who your true friends are in situations like this. op did not put a gun to his head and tell him to invest in crypto. i'm sure op was enthusiastic about something new, and like anybody, he shared that information, whilst warning him about the cautions of investing his money and the importance of doing his own research. john's a big boy, he made his decision all on his own, and he should take responsibility for it. if he threw away his whole live savings because some rando "youtuber" told him too, that is on him.
>he should have went the traditional way, and blamed elon instead *knee slapper*
he probably invested into elon shitcoins.
i think a big challenge is knowing when to stop. there have been times where i could have yolo'd my savings with full confidence that i would net returns but i would never do that. i budget my money. if i want to get a little carried away i adjust the budget. i will gladly throw 20 bucks into a shitcoin that is speculative given that i take 20 bucks out of my do whatever i want with fund. if someone is losing *everything* on an investment they likely lack impulse control or have a gambling problem. i never take someone who has lost literally everything to a single set of investments seriously. they were never serious to begin with.
not to brag but i'm about . 😎
spot on. treat coin holders as gamblers playing a casino. if you decide to get involved, sell shitcoins you mine to the suckers and act as a dealer.
my roommate fell for a venmo scam and lost like . it took so much prying for her to admit she gave a security code to the person on the phone. people really don’t like screwing up
the funny part is he would have been better off pretending nothing happened. noone likely would have found out what he did, but now that he has announced it to everyone in his life, anyone who gets both sides, as well as many who just hear his side, will see how dumb he is.
nailed the coping mechanism.
shame on john. i don’t give advice on stocks, made the mistake of suggesting specific ones, instead generalize a variety of stocks and emphasize research and use the analogy of people dating. get to know stocks like someone you’re dating. sleeping with someone on the first date is like yoloing into gme at the top. instinctively if someone has to ask which stocks they should invest in it’s a red flag they won’t lift a finger to do the necessary dd. it’s sad cause all this information is available all they have to do is look into it with a few clicks and key strokes. damn shame…
i see what you’re saying but i thisagree. op explaining the whole picture around shitcoins means he would know going into a shitcoin the benefits and the dangers and would know, if he had paid attention, that you’re gambling not investing. i think op treated him like an adult by giving him the knowledge rather than a kid hiding it from him. because i bet if he had hidden the reality of shitcoins from him, he would have found one and not known about them. probably would have gone down the same path and been upset at op either way tbh. at least in this scenario op can be like dude i told you x y and z and you still did it.
i'd just explain to them what happened and ignore them for awhile and live your own life. just move forward.
john sounds like a dick
he’s triangulating against you if that’s the case. he is portraying himself as a false victim when it was his responsibility in reality to research and make his own choices. in his mind, he’s the false victim, your the bad guy, the mutual friends are the good rescuers. this dynamic is known as triangulation.
be honest with them, dont assign blame, let them make their own measurments.
cut your loses, these friends were never your friends to begin with.
don't do anything. after awhile, when they clear their heads, they will understand you did nothing wrong.
you're probably at the right phase in your life where you aort your friends out. i'm sorry you're going through this. it sucks and none of it is your fault. looks like you know that, and i advise you stick to your guns. you did well teaching the "hows" of things than the "whats" (as in teaching him how to understand it other than what to invest in). he made his own choices with the knowledge he asked you to give him. your people are out there, bud. and when you find them it is laughter when you lose and congratulations when you win. it's just a matter of looking for them. (on another note, i always make it a point to tell people who ask me that if they lose their money, it is not my fault. i'm not a financial advisor and i'm as likely to lose money as they are)
i mean, no offense buddy, but if anyone turns on you over this then they weren't your friend. the worst realization in life is that many people simply hang out with you because they have always done so, extremely minor things can make these people stop the "friendship". that or they are really low iq.
go on with your life. you're young and will meet plenty of quality people going forward.
depends on your age. if your all 20 or older, which i assume? people will be grown up enough that you can just say this: i’ve been into crypto for a while and john was really hyped and wanted to know about it. he was stupid enough to fall for a scam on youtube even though i did warn him and he’s looking for someone to let his anger out on „chuckle“. i believe insulting in a friendly manner isn’t taking to serious usually under friends so stupid shouldn’t be to bad. furthermore keep in mind, the perso who screams the loudest is the one who‘s heard so if he complains for weeks to your friends his opinion is way more influential than yours but, as said, if you, care to much as a fight is always made up of 2 opinions. also if they do break off your friendship as john did, then i wonder what sort of friends you got, because that’s no friendship^^
well he is an asshole if he has got your other friends to turn on you.
maybe this is shallow, but i suggest you document everything and share the info to your mutual friends. normally i would never suggest this if it were just normal sabotage, but the issue involves money. when you gain a bad reputation with money (scammer etc) and so on, people look at you as the biggest scum. at the very least, even if people dont want to talk to you anymore, you should clear yourself of these misunderstandings. i have done it in the past. even though my mutuals still hated me in the heat of the moment, they eventually came to accept and make up with me. after all, the evidence i provided (screenshots etc) were undeniably true. how could they be angry at me for something that was already proven false?
you technically did nothing wrong but he did lose his life savings. tbh i think what he is experienced is a lot worse than how you're feeling about the situation. while you might have lost a friend, what he is feeling is could be seriously depressing or cataclysmic so i do not fully blame him for having these emotions towards you because maybe he saw you played a 'small part' in this.
if people turn on you that easily you don’t want those types of people in your life anyway so they’re doing you a favour
the best part about having no friends is you can give yourself financial advice and call yourself an idiot when it goes wrong
too many entitled people nowadays. everyone thinks someone owes them something.
when i find out a friend is unstable like this it sucks but i just let them go. it’s not worth it :(
was that mr deeds?
this. my family and friends ask me if i know anything about crypto and my answer is always a variation of "it seems like a cool idea, and i would like to get in but i do not have a fucking idea were to start investing". it's sad to "hide" but i think that is the best. contrary to what most people believe, most people here only know enough to be dangerous to themselves and others if they try to help.
so you guys were fuck buddies 🤔
not trying to defend this person (sounds like a jerk using an excuse like that), but marriage does change things.
are you one of those vegans that is annoying as hell? your username kinda makes me think so lol
lol i can actually hear him saying it the harvey spectre way in my head haha.
he may gets his therapy from you tube.
your argument is pointless.
one thing to call out- he saw something that he thought would 50x and didn’t tell you to invest either. either he knew it was a dumb play, or he didn’t want you getting rich with him.
this would only be the case if you vouched for the youtuber and told him to listen(which i assume you did not)
if it was not crypto shills, then some other scammer would have lifted his savings off of him at some point.
sounds like your bud there should be pissed at his own mother for introducing him to life.
i mean he does not *have* to kill him
being down only 50% rn is a win in my book
we’re all on the same boat. in fact we’re all down until we sell at our goal, unrealised profits are very easy turned into realised losses if you get carried away by emotions. reaching a goal relative to the time you want to be in the market and sticking by it is the way to go.
only 50%? those are rookie numbers!
so half of this sub
pretty much the whole r
not incorrect though. he is manipulating the market with the help of the morons who trust him
yes i keep putting in the little amounts every month and i do not put my money in shitcoins, maybe that is what's keeping me sane.
yeah that part was pretty wtf a guy still in college shouldn’t be doing anything substantial with crypto, and definitely not put their life savings into it.
nah now it is just op's fault x5.
rather than realising their mistake, its easier to push blame to save their own ego.
this is why you do not encourage others to do something that they are clearly not ready to do. especially when it comes to money. i'm sure your friend was much happier playing video games and jacking off in his room. now he lost his years of savings and you were the one who started him down this path. all of this after you yourself thought your friend was "slow". why would you introduce someone who is "slow" to something that is unregulated and volatile as crypto. regulations are there to save "slow" people like your friend. crypto is clearly not a place for someone like that. you could try to convince yourself you do not carry even a small bit of blame for this. you could post on reddit and make yourself happy when like minded people take your side. but that does not change the fact that it was you who showed a "slow" friend the path to losing his life savings. now you can go on with your life taking no responsibility or use this as a learning experience and stop steering people like your friend towards something where they have no place to be.
but some talking head on ~~cnbc~~ the internet told me the valuation would be a gorillion dollars by yesterday!
unfortunately john got pump and dump exit scammed, his bags will never recover. big l for john.
it also sounds like op introduced him to more than just bitcoin. sure, he advised him to stay away from "shitcoins" but i think op and a lot of other people have different definitions of what shitcoins are. to me, it is anything but eth and btc.
even when asked... it is a "why did they recommend this??? god it is all *their* fault" some ppl are always right, and when they are wrong it is because someone else messed up, not them.
i’m the same as you with wanting to help others, i just thought about it for a bit and could totally see me getting blamed for their actions.
first thing you have to understand is that not everyone needs your help. perhaps you should work on first thinking twice before giving people unwarranted help.
im pretty sure it will eventually recover. its only been one month since the recent crash, lol.
does he have trouble taking responsibility for things just curious but he seems like the type of person who cant accept that he made bad choices so tries to blame his choices on others if thats the case youre way better off with out him. maybe this was just the first time you saw that side of him.
i'm probing so feel free not to answer this question. how did he show you that he was a good friend?
ultimately john is an adult and must make his own mistakes, if he blames you then he learned nothing from his mistake, which is the worst kind of mistake. of course the other aspect is shane, you have succeeded where he has failed.
yeah bro, do not beat yourself up over it. it is not your fault. you did not push him into investing, you did not point a gun to his head, you did not threaten him. they were all his choices. all you did was speak about an interest to a friend. go treat yourself, have a beer, order some mexican food, kick back, relax. it will be alright.
i agree completely, this op was shilling altcoin to his poor friend for months and when his friend got burned by his shitty financial advice, he tried to absolve himself of guilt with some weak ass “look out for pump and dump” nonsense. i **guarantee** op didn’t warn his friend about risks with the same voracity that he spoke of his altcoin gains… but everyone in here is trying to shoot op up with confirmation bias, like he’s some misunderstood saint for trying to guide the huddled masses to financial success.
wise up. i'm gonna go out on a limb and guess you did not teach him programming. you just pointed at a load of stuff you half understand and went "look, shiny!"
yea it was 39k a min ago so its not too bad. might even sell there and rebuy lower, or just wait it out. beginners unfortunately fall for the fear
very true. always dyor or you're gonna have a bad time.
but isn’t this itself a stock tip from the internet, so we should therefore ignore it?
does this include your piece of advice too?
my boss gave me some great advice once "don't take advice from someone who's never done it successfully " and i think about it often when i see you tubers very clearly shilling coins or websites. without seeing a longer detailed track record of their investments, i would be very skeptical of any advice.
unless it is from me! buy slothmoon for easy 50x!
this seems an awful lot like a kind of stock tip on the internet...
i have literally no idea where to find stock tips other than the internet 🤷‍♂️
ada is a healthy and strong coin, some videos can be just formally giving information. just apart of the research process 🙏 nothing wrong with the right youtube videos
my girlfriend cheated? guess with whom
blame elon = the new thanks obama
>snl isn’t funny anymore? dude, snl stopped being funny back when will ferrel joined the cast.
elon? the only person to blame is barry silbert 😂
he was. he should stick to beating off, though. lots of money there.
don’t be stupid. the guy was ops friend for ten years! wtf
> if you do not understand crypto by now you're screwed i thisagree, there is still many smart people on the sidelines that have not adopted or seen the use cases yet. i was at dinner last night with a couple doctors and compsci majors. a couple of them did not have any crypto, and they mentioned we could not pay for our meal with it yet anyways. a lot of today's crypto is speculation, and they had a fair point
tbf op says john is a little "slow". if john has a legit learning thisability then introducing him to a community rife with scammers was a terrible idea.
right? i'll admit, i recently got into crypto and so far have lost about 30%... it's upsetting, but it is also teaching me patience. i had my hopes was to high from the start, and now i accept i'm in it for the long haul and take comfort that my 5-10year gains will most likely do way more than just cover my losses. i'd find it difficult to lose everything... i've also got 50'm comfortable with holding till i die lol. i've blown more money on worse things, and i can just work a day or 2 overtime and make it all back. but who knows, maybe just one of them will make it to the moon 🤞
could be worse. poofing 25% of your folio on likely scams is not that bad in stocks
i'm , all large cap, mostly the big names. that's how i know i'm doing well. sure, i'm down well below , but that, that does not matter.
\*they dont like admitting they screwed up
right? like i was in it for a little while, people would come to me explaining their problem, and i'd say well thats impossible, it does not work that way. they assured me thats what happened. i then dig a little deeper, and find they did something they should not have along the way they never mentioned. they still stand by their story and say the computer must have done something that did this, even when the evidence is time stamped right there. humans are very strange, and the ego is weird.
wow that is a good idea! whenever my friends ask what stocks or tokens to buy, i encourage them to do their own research and show them where to start. i tell them i would rather teach you to fish instead of giving you a fish, but not everyone is convinced. it would be more effective when they see it as similar to dating.
yeah, a few of them have sided with me but the ones who know jack shit about crypto are telling me that its my fault for getting him into it
don’t be like john
i prefer john wick than john dick
jhon dick: my investments were killed, now i come for your friend circle with my toxicity. releasing in cinemas soon!!
this, otherwise it becomes a blame game and then all sides lose.
i think is part of the reason why it is often more difficult to make new "friends" as you get older. the reality is, you come to understand the difference between a friend and an acquaintance, as do others. it's not so much it is harder to make friends, everybody just learns to cut away the cruft and stops considering acquaintances "friends".
yeah it blew my mind. i knew this guy since high school. we lived together through college. he even dated my little sister and i never said shot or gave him a hard time for that bro code violation. but i didnt rage quit a video game with him and it ended out 15 year friendship. shits ridiculous to me. no sweat off my back though.
it might be pretty wierd few years down the line, when they learn you made massive profits and did not share the information.
walked into that one, did not i? just to be clear though: no ![gif](emotesnoomoji_packfacepalm)
nah not annoying, vegan is just their new personality now and everyone needs to see it lol
that boy needs therapy.
someone told him he could 50x his money and this idiot thought “ow yeah that doesn’t sound too good to be true at all, i’m sure this random person on the internet would share that advice with strangers for the good of the people”
this is a good point. when i find an altcoin with good fundamentals, i make sure to tell my crypto buddies to look into it.
yea wtf the dude was holding out on u. he doesnt want you to succeed. thats a shitty quality in a friend.
yup, he found something that promises x50, did not even mentioned a bit about it to op(real frens would share), ended up being a scam and he get what he deserves for being greedy and selfish... i have few childhood frens where we would invest things together, and inform each other if we find some interesting investment and even if those investment fail we would just buy some beer to celebrate our failure and laugh it off together...those are real frens cause no investment is 100% safe even it is a solid one, since timing and luck plays a factor too and you cannot control that.as long as you dun put all life savings on it it will be fine.
make it look like an accident
i'm having trouble seeing other options.
let's not normalize being down 50% man. that is some weird cult shit. being down 50% is horrendous
in still *up* 410%. i've been hodling for a long time
fair enough, cannot complain haha!
bangs hardware wallet to chest mmmm
it's the "hobby" part. investing in crypto (or otherwise) is smart, treating crypto as a hobby is not unless you already have your savings in order and are ready to lose a lot of money.
yeah exactly and in your youth is actually when you should be the riskiest(calculated risk not just yeeting all your money in a shit coin) and most aggressive in investment strategies as you likely have little responsibility to others and can make the money back more easily than someone in their 50s.
maybe younger you would have lost all your money, more passional and emotional. you never know what could have happened.
true its always ops fault
i think both sides made mistakes in different ways because think about it... if op told his buddy "nah man, im not gonna teach you anything about crypto its dangerous and i dont want you to lose money. i mentioned it in the past cause i was excited but i dont think it is a good idea because- you can lose all your money." you do not think ops buddy would have just gone on youtube, like he did anyway? and potentially gone down that path anyway? then turns around and blames op for "that time op told me crypto was exciting! he's the reason i even thought of crypto! not my fault!" i think the poison in the situation is both parties failing to be accountable. op could have said absolutely nothing, but you know somehow buddy could *still* blame op for "not helping." anyway, op could have told his friend crypto is not a safe investment, and his buddy could have not made his own decisions that caused him to lose all his money... op showed his friend general structure of guns and warned his friend that theyre fun but dangerous, buddy found a gun on his own, loaded it and pulled the trigger... shot himself in the leg, and now is blaming op
well we were in secondary school together and he would often get in trouble with teachers and argue with them but i do not know if this implies that he had trouble taking responsibility. idk though he was always a good friend to me before this happened.
got it. tomorrow i'm gonna go to the library to do some offline research. see you all when i'm a billionaire!
he french fried when he should have pizza'd
inception. you never know
the stock tip paradox
with investing the thing is, if something works, the more people know about it the worse it’ll work. so if it really 50x your money, they would just do it themselves.
my junk don’t work
come on, your gf can do better than elon. he looks funny, names his children weird shit, and is the douchiest douche that has ever douched.
oh no! someone stop him, he is out of control!
maybe he has been a friend in the way *he* understands friendship. i recently had this lesson, myself. i was with a new "friend" and she began opening up to me. we chatted quite a bit about her, and anytime i attempted to relate and open up about something in my life similar to her experience she would quickly change the subject and often ignore completely what i was saying or interrupt. she did not want to hear me at all but she very much wanted to talk to me. on one occasion when she did listen, she said my perspective was weird lol she really hated it, even though it proved something she thought was true was just a preference. it reminded me of some past patterns in my friendships and i realized that my perspective of constantly stepping aside for them is what kept me making the same "friend" over and over. essentially, my responsibility. so sure, i can say we were friends for years still and that i do agree with. however, sometimes one changes their idea of friendship before the other or an event happens that shows that what "friendship" means to one is not what it means to the other. it does not have to be "bad" but it can still hurt and one way i've found to both forgive my "friends" *and* lessen the suffering is understanding that we were each being what *we* thought was a friend, so we did in fact have one for a while.
i doubt john is that kind of "slow". some people are just stubborn in understanding something new.
if someone introduced us to multiple mlms or ponzi schemes, and then added a general caveat after flashing a bunch of cash at us, we'd probably either block that person, or mark them down as a reliable rube in the future, depending upon our own inclinations. one of the common tactics of bitcults is to separate their target from friends and family.
i lost about 30% of my portfolio on humbl (because i was a fool and put most of my portfolio in one stock)... and that was after i had already learned some tough lessons. i promptly moved the rest of my investments to crypto, and have been having a much better time. i'll tell you what one of the worst things for new investors is -- getting lucky in the very beginning. i first started with sundial with stocks because of wsb and the reddit attention, and i did well. this gave me confidence i should not have had. whatever you're investing in, diversify. you do not want your investment value pegged to a single asset.
exactly, i’m moderately tech savvy so i was confident she must have given them something for them to get into her account. she kept saying her phone got hacked but in reality the scammer just had her email and then called pretending to be venmo. the scammer did account recovery and asked my roommate to give her the code to “verify her identity” and then sent herself a shitload of cash
hes a grown man. he is in charge of his life. it's not like you put a gun to his head. he got scammed he should of came and talked to you and ran it by to get an opinion first instead of being careless with his money.
if you explain and they refuse to listen, drop them as friends because they’re already not your friends. dropping shitty people from your life is one of the healthiest things you can do.
sorry to say, but those people are assholes too
those people are ignorant. it's the equivalent of showing someone how to cook, telling them to cook healthy food and show them a healthy diet, and all they do is fry food when you leave the door. how is that your fault? it's not. if you do not like that one. how about recommending to someone to go out and be independent, find their own place. you show them the good and bad neighborhoods of the city on a map. they go and find a basement in a crack den in the worst part of the city. again, how is that your fault? it's not.
sounds like he’s embarrassed, devastated, and broke. he won’t want to man up about it for a while, at least until he gets some savings again and matures from the experience. don’t wait around for him to do so and though it will be hard not to, don’t take the other friends siding with him too personally, this is all a demonstration of how people learn and mature at different rates and need to go through different experiences in order to do so. you have learned what you needed to learn as well: how it’s better to not give anyone advice on investing that is anything more than simply stating what you find interesting. the rest they are best to be encouraged to learn about on their own. who knows, you may hear from him again years from now, but unfortunately it may be a sign that he wasn’t meant to be in your life any longer anyway. don’t take his actions as personally as he’s playing them to be though. he’s going to be sore about it for a while and apparently avoiding accountability for his choices, esp when it comes to money, is where he’s at in his life right now. money makes people act in ways you’ve never seen. keep living your life, hope the best for him, stay neutral, keep learning and move forward.
nothing is your fault, people need to take responsibility for there own lives. he sounds really immature and you are probably better off.
> but the ones who know jack shit about crypto are telling me that its my fault for getting him into it let me guess, those people who say crypto and bitcoin is a scam?
the older you get, the more you realize most people’s opinions mean jack shit, especially the ones who didn’t do their own research.
it's ultimately his decision. maybe just send them all the post. then make a paper copy of this post with the couple thousand upvotes and mail it to your ex-friend john lol he sounds really stupid. tbh. he would've lost his money in some other scheme if he fell for a youtuber.
“got him into it”. right, like the friend who becomes a meth head because you smoked pot in middle school together. you “got him into drugs.” you did nothing wrong.
that’s like saying it’s your fault for turning someone into an alcoholic when you bought them their first drink. you aren’t responsible for his actions, and you warned him. what more could you have done?
well if they do not listen when you say "he literally did what i warned him not to do and then blamed me," i guess there is not much you can do about that. it's all well and good for me to sit here and say they weren't real friends but that is still gotta suck from your perspective :( sorry that the people in your life are being unreasonable.
tbh the crypto is irrelevant, you could call it a hobby, explain to them that you got him interested into a hobby, and warned him about some scams and advised him to not get into it and he did not do his research and fell for the scam.
have amazon send him some huggies and really hammer the point home for him lol
these are the type of idiots who will preach freedom when they drink a beer but wants the sec to save them from themselves.
that’s why you position yourself as the expert. financial not crypto. don’t say crypto without financial. you haven’t lost money to crypto and he came to you to teach him. you taught him how to not lose money like you, but he clearly thisregarded your advice.
maintaining a friendship with john dick is hard...
john dick, the adult movie version of john wick...man, that would be some hardcore shit!
yes you did yes you did
then ideally they try to pick it apart. not because they don’t trust you, but because they should try to find a flaw in why it might be too good to be true. if it can handle the scrutiny then it’s worth investing in. anyone that is an adult about it wouldn’t look down on you for finding something and suggesting it even if it didn’t pass the test. new things worth investing in pop up all the time. if you never research you miss 100% of the trains for early gains.
real!!! i cannot imagine finding something that i believe could be valuable and not talking to the people closest to me who are also invested in the space about it. it's such a good way to find "sound" investments, make sure that you are not clouded with bias & best of all you get rich together!! this guy never gave a shit about you in the first place, op, your better off without him imo
lost him in a boat accident.
not normalizing being down 50%. we are normalizing hodling through the volatile storm no matter what.
someday i'll be there
when your a billionaire dont forget those who gave you sound advise. or at least refrain from tweeting to crash the market. both are good.
i completely agree. it just sounds too good to be true. and it normally is.
be strong! it is easier for him to blame you then blaming his own stupidity. maybe explain it with stocks to the mutual friends. you told him to buy google, facebook but he was investing in grinder and xxxporn to get richt fast.
this, though he is certainly not acting like a grown man, and certainly does not seem to be in charge of his life. really low to blame his friend for his own dumb fuck up. but easier
this is why you have to be vague as shit with your investment related suggestions - otherwise everything is 100% your fault somehow
john sounds more like he is just an adult-sized child.
exactly. dude could have just as easily gotten scammed in usd. op doesn’t own crypto.
none of them really sound like friends to begin with honestly. sounds like they have made a conclusion from one side of the story.
my immediate judgement too.
you have not set up a vault fyi (for comment karma moons)
lost who? i don’t know anyone...
no one gave me any advice because i have no proof anyone here is a financial advisor. all the stuff i see on the internet is merely content meant to entertain.
you undercook fish, believe it or not, also elon.
haha love that! stocks are a good analogy!
he'll realize that it was not ops fault in time, he is probably just angry and looking for someone to lash out on.
he probably bought cummies lol
that's not even what happened. it sounds like op explained how to make an account, use wallets, use exchanges, etc. then op also gave the thisclaimer *do not fall for scams. it's like showing your friends how to make a brokerage account, what stocks are, p, options, futures, forex, etc. then you also say *no one really knows the direction the markets move in so do not fall for scams.
yeah... do we know if this person actually even is a grown man? not trying to be a dick or anything, but (especially recently), this sub has seen an influx of wsb-style chilthishness. it honestly would not surprise me if both op and his friend, were teenagers.
i buy money with money on a ledger that is on many computers ;)
it's a coping mechanism to help deal with the harsh realities of life.
yep. never underestimate the human brain's ability to blame others. it can pull off some cirque soleil level mental acrobatics when it needs to.
exactly. i've encountered people like this who made a conclusion without hearing my side. suffice to say that i do not want anything to do with them as i cannot trust them any longer.
thanks for the fyi. i just set it up :)
me? $$$$ internet? also $$$$
"i trade foreign currency to take advantage of exchange rate fluctuations."
cut them off like a crab rips their claws off, you can grow more friends.
this new china fud aint shit... if they do shut down their miners the meme pool might spike for a week or two then the difficulty will adjust and new smaller miners will have the opportunity to open up anywhere else in the world making our network more decentralized then it has ever been before in the last 10 years
first time invested in crypto and down 40%!!!
here is the google translation of the latest china announcement read for yourself on may 21, the financial stability and development committee of the state council (hereinafter referred to as the financial committee) held its 51st meeting to study and deploy key tasks in the financial sector in the next phase. the meeting was presided over by liu he, member of the political bureau of the cpc central committee, vice premier of the state council, and director of the financial committee. relevant responsible comrades from member units of the financial committee attended the meeting. the meeting pointed out that the financial system resolutely implemented the decisions and deployments of the party central committee and the state council, increased support for the real economy, prudent monetary policy was flexible and appropriate, credit policies accurately adapted to the needs of market entities, liquidity remained reasonable and sufficient, financial services improved, and financial services supporting epidemic prevention and control and economic and social development have achieved obvious results. the meeting requested that the financial system must adhere to a sense of the overall situation, adhere to a stable character, scientifically and accurately implement macro-control, grasp the degree, and refrain from making sharp turns. it is necessary to comprehensively use a variety of monetary policy tools to maintain reasonable and sufficient liquidity, effectively prevent and defuse financial risks, and promote a virtuous economic and financial cycle. one is to further serve the real economy. a prudent monetary policy must be flexible, precise, reasonable and appropriate, continue to implement policy tools that directly reach the real economy, enhance the vitality of micro-subjects, stabilize enterprises and ensure employment, and vigorously support the development of inclusive small and micro businesses, rural revitalization, manufacturing, technological innovation, and green transformation. the second is to resolutely prevent and control financial risks. adhere to the bottom line thinking, strengthen the comprehensive scanning and early warning of financial risks, promote the reform of small and medium-sized financial institutions, focus on reducing credit risks, strengthen the supervision of platform enterprises' financial activities, crack down on bitcoin mining and trading behavior, and resolutely prevent the transmission of individual risks to the social field. it is necessary to maintain the smooth operation of the stock, bond, and foreign exchange markets, severely crack down on illegal securities acts, and severely punish illegal and criminal financial activities. it is necessary to strictly guard against external risk shocks, effectively respond to imported inflation, strengthen anticipation management, strengthen market supervision, and prepare response plans and policy reserves. the third is to continue to deepen reform and opening up. further promote the market-oriented reform of interest rates and exchange rates, and maintain the basic stability of the rmb exchange rate at a reasonable and equilibrium level. speed ​​up the reform of the capital market and promote the high-quality development of the bond market. deepen the reform of financial institutions, return to the roots, stick to its position, and carry out investment and financing activities in accordance with the green concept. continue to expand high-level financial opening. [i want to correct] editor in charge: song yan related manuscripts the people's bank of china holds a video conference on financial stability work in 2021 the people's bank of china released the "china financial stability report (2020)"
plot twist, they bought the dip
more fud : biden wants to tax crypto !! between china, usa and europe they need to find some new fud to throw at us. somebody is buying a shit load of crypto on sale right now.
who would have thought that a crypto that is the exact opposite of what crypto aims to be would be a thisaster. pretty sure the only thing the digital yuan offers is easier tracking and manipulation from the chinese government.
how did we not see this coming? the red flags were everywhere. 🇨🇳 🇨🇳 🇨🇳
could someone explain why china failing at creating their own crypto is hurting the rest of the cryptos? i honestly do not understand and i know i'll catch some hate for asking questions but i really just want to learn from people who know what they are talking about.
it's the first time that they mentioned mining bann, trading and others yes, it was repetitive. but mining it is a first, let us see how the market goes... and how miners with heavy bags reacts. if they sell they will liquidated more longs, not that people on here would be selling (maybe just a small %). so sadly it will be just a watch and see a little bit more of blood...
tbh the fud only confirms my opinion that i'm holding onto something special. china never said shit about me dying my hair black and straightening it back in high-school and that was a thisaster.
here’s what a good friend of mine who speaks chinese said after he looked into the chinese perspective on cryptocurrencies; background: - since 2013, chinese law has not recognized "cryptocurrencies" as a form of currency in china (for example, people holding them do not benefit from the legal protections afforded to legally recognized currency in thisputes etc). possession of cryptocurrency is not banned. - since 2017, china has banned businesses within china from issuing "virtual currency", or exchanging legal currency and "virtual currency", effectively banning icos and crypto exchanges based in china (e.g. binance). usage of foreign exchanges was not banned. on wednesday, three chinese industry associations (banking, internet finance, payments & clearing) wrote an announcement: - declaring that "virtual currencies" have no inherent value - warning about their high instability, risk, and relation to illegal financial activities - banning their members (basically all banks & financial service providers in china) from providing any services related to "virtual currencies" (for example, sending money to crypto exchanges).
was waiting for this day. we're definitely bigger and stronger than we were in 2013 and 2017. hold and let the dip do what it does best, shake out weak hands and non believers. stay and thank yourself few years from now or why not months.
anything china says i ignore. they are the world's biggest scammers.
they have done this exact stuff multiple times and i don’t know why people still care
new day, new fud. feel like they are taking this opp to stack more crypto
last week i posted that it was starting to feel like jan 2018 again. i should have listened to my own advice! regardless, it is all paper gains or paper losses until you sell. edit: changed 2017 to 2018. thanks for catching that alonzoswegalicious
i’m sorry but yuan your own
china does not need to fud crypto. they can literally just turn off the power to all miners, throw them in jail, take all their coins, etc. china *allows* bitcoin to operate. if china wants to fuck shit up, it can. it literally has a million people in "re-education" camps right now and the world does not do shit about it. china could literally take down binance whenever they want. you think state actors cannot fuck shit up if they get the order to do it?
most amusing is if true that china shuts down miners, this is a good thing to decentralise it to spread more outside china, more with greener energy use too.
crypto noob here - what's fud? fear under...? not to sure.
how was the e-yuan a thisaster? it's still in testing phase and it will undoubtedly become the primary currency of payment there. however, whether it does well or not, should have no impact on crypto.
china is trying to fud crypto because it is something that china cannot control. simple as that.
***fud you all to hellllllll!!!!!!!!***
ok now i am asking you people, do you really think it is that simple? i think all this fud is encouraged also by big money, because the more fud you get the more it dips, and this is why you need to make the media instigate fud in our brain. our primal response will be to sell then rather than just chills and be like : wait a minute did thye just orchestrated all that to buy back at cheaper price and rinse and repeat? and we fell in it eveyr single time?
china does not have to spread fud. the american media is doing that by itself.
all seems like a perfect repeat of 2017, right down to the china ban. next six months are going to be insane if this cycle continues to play out.
china coordinated the price dip in an attempt to liquidate a specific person’s holdings
hodl boys, don’t give away the cheap coins, accumulate btc!
okay so first the blame is on elon, now the blame is on china. these are some january 2017 vibes.
does this mean i’ll be able to buy gaming cards?
feds ought to sanction china for obvious market manipulation, lol!
anyone that isn’t scared of china isn’t paying attention. chinas new digital bank coin is in the process of rolling out, and what the government gets its hands on if implemented by the people will be nothing but short of extraordinary. and i don’t mean that lightly, it is absolutely thisastrous for the people. but they will know before anyone else how and when their people spend their money and will be able to manipulate and literally stop spending when and how they want. coupled with the robust surveillance systems, economic and travel punishments for poor behavior, a literal ethnic cleansing of the uyghurs shit is going to get crazy in the next decade. and there are 70 counties rolling out their cbdc over the next decade. just crazy shit about to happen across the world. it’s why we need privacy coins. it’s why we need more decentralized systems. it’s why we need to get this shit out of the hands of the treasury. edit grammar and changed a sentence that didn’t make sense
you’re right! big banks are trying to fud it too. the community needs to stand strong and we can remove the influence of these centralized institutions
idk, i’m running out of self-control. i’m so close to spending the last of my saving to buy all the crypto i can get. everything is on sale
why does anyone even listen to china. i don’t think they’ve ever given a truthful statement.
i am not selling anything. also, fuck china.
it’s not fud (fear, uncertainty, and); it’s just facts. china (and many other governments) will likely be hostile to crypto because it threatens their monopoly on currency (or, in other words, power). these facts create fud amongst the crypto maximalists (and empowers the skeptics); the average crypto investor is just speculating (hoping to make a nice profit) and probably doesn’t care what happens one way or another. all of this information - whether critical of crypto or supportive - moves the markets, and despite what any “expert” says, no one can guarantee that any of these digital currencies will survive for another five days, five months, or five years. on the other hand, the usd has been around since 1792, and will probably be around longer than anyone reading this. the digital rmb (and digital usd, whenever it arrives) will probably thisplace any of the existing non-fiat digital currencies long-term. not fud, just facts.
erm, put another £500 in this morning and it is gone! my missus cannot even burn money that quick. ricky fkin jesus
see, the thing is, with bitcoin, they do not have to fud. they can simply shut down mining. one province accounts for 45% of the bitcoin hash rate. a couple raids and the chinese government has completely crippled the network and tanked the price. i have been trying to tell people for years that bitcoin is not decentralized when 65% of the hash is in china.
well i am not selling to those fucks
digital yuan is boring - they need to change it to something cool like poohcoin. lol.
they are also buying up loads of btc
i'm usually not a fan of the hodl meme, other than for obvious joking, but fuck china. hodl through this shit. don't let these cunts flush you out. this is bs. the mid-term bottom is either in or close.
the more that these countries try to stop crypto, the more reason we have for a decentralized currency.
china is known for it is manipulation. it has done it for stocks, human rights , politics etc. now it is doing same for cryptos... manipulative pooh leader
i already tossed 5 grand, whats another 5. i wonder if us old guys can make money on that only fans site or whatever the h*ll it is called.
lol,i need to sell my idk ...who want some teeths or something ? i can give my left lung or something . i need !!!
yeah i figured stuff like this was happening
countries are clearly trying to collude to ban civilian mining so they can control it.
those sons of bitches! *shakes fist*
china has done nothing except ruining everything!
well i'll keep my head up high against all the people who ignored the news and figured it was elon musk dragging the price down lmao
guys i'm a newbie here, what the duck is fud
i don’t get why people from outside china would dump their crypto because of something that happens over there, which has already been in place since 2017 anyway. so i dunno why it’s such a big deal now. same rules, same laws, only mining is gonna be different. if chinese companies can’t mine, there is more room for european and american companies to pick up the scraps they’re leaving on the blockchain table. same tricks as in 2017. it’s just fud, no stress boyz and girls
i’m sure china will be the biggest buyer in this dip. twats
are you kidding? this is great! crypto is gonna go back up. because it is the future. buy the dip!
all i read it’s buy more.
sounds like buy the dip advertising to me 🤗
this is a buyer's market folks, crypto is not going anywhere.
i honestly wish i had more fiat to buy. but definitely would not take a loan to go into a leverage position. but damn! if i only had more fiat!
chinda is a fudu
china needs to learn that it cannot influence or remove cryptocurrency. there will be a way around any ban. good luck china.
holding for dear life. the upside will be huge! forget wen lambo. wen superyacht!
obviously, there’s no reason to sell.
it keeps falling and i keep buying. seems like i will be buying all the way to 0 😂
hodl nothing, i'm buying.
having to hodl thru another 4 years is gna be so painful
fk china...idgaf if bitcoin goes to any amount up or down. i am not selling.
ban the media that spread non-sense fud.
ignore china fud. strong buy.
first, covid-19, then the rocket crash... now this! give me a break!
china driving out the miners could benefit decentralization.
we need to stop trading with rhe greedy communist nation.
i agree with this theory. they are going to continue to apply pressure but eventually lose this fight. ...or they will just make crypto use punishable by death.
from what i read they are only trying to regulate mining activities. they want to make the method more energy efficient. china is not banking crypto or baning trading. they are only looking to regulate mining. this is good news as they already control too much of the mining so other places can pick it up more spreading the network and also this is more directly aimed at asic mining operations. which in my opinion need regulating.
here some news from the worlds greastest asswipe.
latest falls in crypto are due to fear it will thisappear as a viable investment. to me, the latest negative attention paid to crypto, especially the china weigh-in, is happening because crypto like btc, doge, eth is being taken seriously. buying when it’s down will reap rewards! hodl
to be frank this recent crash doesn’t look good for bitcoin. the fact that one country can have such a large effect on it, or even elon is contrary to the decentralization that crypto strives to reach. i hope it can recover from this or else it doesn’t deserve to survive.
"the lukewarm responses of the **seven participants** in china's great monetary experiment underscores the challenge facing president xi's government as it lays the groundwork for adoption at home and abroad." so, i'm i correct in my understanding that this article is basing their entire argument off interviews with just 7 people?
not new to me but i enjoyed accumulating bmi, plugnet, fwt, reef and vet this week because it has solid fundamentals, it will recover fast.
technicals were looking weak from 63k, fud or not price was headed down
anyone who felt like they missed the boat. get the fuck on
this is also coordinated with the banksters guys. let’s get real here
all i see is a 80% thiscount
i'm not selling anything. i'm just pissed that i was lazy and did not get my portfolio organized in time to take profits. i could have had a nice stack of profits to buy the dip if i had started a week earlier. lesson learned: do not wait for a bull market to figure out my exit strategy.
aren't they always attempting to fud everything...? lol
can someone explain what fud stands for? can't find that acronym anywhere.
as usual i'm a buyer down here...
what you mean hodl?? the entire crypto market just went on sale. dont just hodl. buy buy buy
' tina i must hodl. for quite some time i think... you will come back for me, won't you?
ok guys, i'm a total moron and do not really understand crypto but have been reading up on it and trying to understand better. can someone put this into terms a man with a 9th grade education could under stand?
fuck china! buy up !
“bitcoin is immutable and decntruhlized. not one pershun kungtrolls it.”
china fud does not move 800 billion , and more when a certain stoc hit 180 today it was a flashcrash of 10% on most crypto to get more liquidity. look at the soon to be only green in a sea of red.
"we'll get through this..." you sound crazy.
how the hell did china's own crypto flop?
sorry, this time you all can downvote me! things are not looking normal. [
hodl everything. the news and the government absolutely cannot be trusted.
noob question here but; if china shuts down its miners, should that not increase the price of btc, as market cap would be lower? or am i approaching this in a completely different angle?
tempted to buy the crash... but not sure we've hit the bottom yet... a few weeks ago was my debut into crypto and i'm getting the rough lesson first few weeks in lol
if it am not something they can copy, china will not succeed at it. a copycat nation has no leadership skills, so whomever takes the crypto lead better have good coins, because the cloners of china will pounce.
thank you 13 year old genius. i would feel so much better now if i was one of those dumb people that bought in at top prices.
safemoon to rule them all
yeah, we'll be fine. i'm sure most here agree with me, i wouldn't hold 5¢ of chinese digital yuan.
when yuan door closes, another opens.
china hasn’t even released its digital yuan. this subreddit is a shitshow of misinformation right now.
dear china, upstate ny has massive power generating facilities, all green energy (hydro) and the folks are pretty friendly. check out massena, ny. sure you would be welcome with open arms. the green thing could be a start. and those kw$$. probably less than you are paying now. pack her up, and ship your mining operations here. ready to rock as they say in the usa. also there are a few chinese restaurants in the ‘hood. :-)
load ze china fud... now dump itzz
we will ‘get through’ a period where bitcoin is worth 37k lol. how late did you get in my guy??
lol, did i just read that the digital yuan can expire?? so if someone works for the ccp. next, he*poof*?? hahah what a joke!
man, after reading the article i wouldn't want to use something so draconian as that shitcoin by any means. the idea of an "expiration day" for your money sounds like a way to keep people poor for life. china has good and not so good things, but that shitcoin they are pushing is absurd and sounds like a thisaster that could make even fiat, look good.
thanks for the dip! averaging down again today
chinese citizens mine more bitcoin than any other country and you can convert it to any currency with a few clicks on your phone. lol at china trying ban it
"hodl and we"'ll get through this" could you please stop trying to fight forces you are not able to win with? this situation only proves that crypto prices go in cycles - halving, then several months pass, price of crypto goes up, increasing prices catch attention of the media, "analysts" predict bullshit crypto prices, dumb money comes in, celebrities&dump (be it mcafee or elon), - xx%, regulatory stuff gets traction again, big selloff happens, crypto is dead, consolidation for months, waiting for next halving, halving and so on and on and on. i lost some money on crypto back in 2017-ed into january 2021 stock market mania and i'm not falling for this shit again. and yes, crypto may be worth 1000x current price in a trillion years but most people would not stand looking at their assets being in the red for months or years+opportunity cost matters. unless you are a part of some crypto cult that believes that cryptocurrency would not be used mostly for speculation anymore. this is obviously not financial advice. please, think for yourself and do not ignore historical data.
it's almost as if the chinese government does not want it is population to decentralise their wealth.
don't trust china. china is asshoe.
what is this, a dip for ants?
' >500,000 people in shenzhen eligible to take part in the trial. > >the lukewarm responses of the seven participants can someone who upvoted this explain to me how "digital yuan has been a total thisaster" is an appropriate title for this article where they interviewed 7 out of 500 000 testers and got some negative feedback? isn't that the point of a trial? ' >in short, it is the bff of the world's most draconian surveillance state. if i asked you before you read this article what the “world's most draconian surveillance state” is, would you have said china? like not north korea or anything? did people really read this article and think 'yeah, that is professional journalism'?
we have seen chinese government as well as some financial associations there issued some warning about crypo lately, with almost the same content as year 2013 and 2017. the market suffered and we know there was a good opportunity to short btc and eth for great profit. chinese government had performed a lot of certain sort of activities in stock and bond markets in the past 4 decades, that is, to let sovereign fund set up before announcing new regulations, and therefore profit from the loss of other investing institutions and individual investors. there was a historical event called 327 bond incident, maybe you can confirm in wikipedia? my point is, the possibility of chinese government manipulating crypto market is not negligible. what do you think, redditors?
luckily sold some at 14:05 utc (based on technicals, not fundamentals), riding it down accumulating along the way.
fuck the ccp winnie jinping can suck my big vitalik swinging dick
yikes this sub gonna go full “hedgies ruining the market! nothing to do with me being massively uninformed about almost everything”
having lived through covid, this is your first clue about the new cold war?
fu you china. these guys are all envious. don't want anyone else to profit. what a bunch of commie scam artist
well no matter. this is the bear market now. this is the exact same thing that happened in 2018. we will see lows and it shall remain that way for the next x years.
my issue with all of this, is not the fud. not from china, nor from that shithead musk. it's the fact that btc whales are abusing the shit out of it, to short it the fuck down. they're becoming exactly what they claimed they hated. it just proves how few people are actually incorruptable by something as trivial as money. the leverage instruments and futures only makes it far worse, and the only purpose for their existence, is so binance and their ilk can make even more money off of chumps that thinks they can time the market. creating absurd cascading sell-offs on dumps.
wow, this flash sale sure is lasting a while!
holding for years will be fine, but this bull run is over. we won’t see bitcoin hit 60k again this year. many coins already hit their aths for this year. a few coins may spike here and there for the rest of 2021. but the bear market is here. hope y’all sold already and& holding as we see some massive and sustained dips. good coins will be fine in the long run, other meme coins and shit coins may never see their all time highs again.
anyone telling you to hodl does not understand the most basic chart analysis. save your money now and buy back in at the bottom.
fuck china, who's with me? 👀
shit happening and cryptos are getting fucked again...
also call bogdanov someone please! i have not heard from him in a while...
how many times will lousy chinese fud crash the market... smh
china is the biggest scammer.
the amount of super retaliatory posts whenever bad news is posted is kind of hysterical. super obvious knee jerk reactions. "well, china bad and d yuan is a flop!!!" just...yes the superpower that took over manufacturing and built itself into the greatest industrial machine the world has ever seen moving into a digitized currency as the innovator is just a big flop. omg.
i have to believe that china will have a big impact on the crypto world
has the bear market started or no
fuck china and fuck xi. time to pool together our crypto gains and hire an international assassin. death to autocracies.
hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold ^(with my half ltc)
this will probably get me downvoted, but there is a lot of dd from separate sources that make a strong case that the crypto crash is really hfs who are short some meme st ocks manipulating the crypto market to provide liquidity and avoid margin calls. if you compare the activity of the those meme things to whats going on in the crypto market, things raise an eyebrow. taxes and china make a great media cover for whats about to be a giant meltdown due to corruption.
when you have a thisruption in supply chain so great, yeah there are multiple reasons, there will be action taken. when businesses can’t make money there will be action taken. if you step back and look at what is happening, buying of all this hardware, using all this energy, to mine a digital asset, it’s kind of funny. at some point you have to say, “basta.” there will be small bastas along the way and then a big one from us soon. the difference between the other times and now is the perfect storm of people getting paid to sit at home or just extra income. meanwhile, supply chains are thisrupted, again for variety of reasons, and everything is being brought to light several times brighter. we are in a transformational period. do not treat this as just another scare cycle. honestly, we really don’t know. i love crypto. i own crypto. i mine crypto. you can’t ignore what it is doing to us as a society and the environmental impact. at the end of the day, you got electronics playing a game for a fun asset with perceived value.
fuck.china. fuck the ccp
everyone knows that china pushed out their own digital currency but the response is bad af. reason is that their online payment wechat and alipay is already very well established. thus this is an obvious fail by their relevant institutes. chinese always uses things to cause diversion on their own mistakes. thus few financial agency jumps out to create chaos on crypto. in comparison, made their digital currency and kpi looks better. that’s why they kept publishing old news from 2017. u know how bad their stock market is? it’s just recently that someone exposed that it’s common for their public equity funds to do insiders’ trading and often manipulating the market to trap retail investors. why they are not doing anything abt it ?if blockchain is so bad, why are they the first insisting on digitalization their own currency.
i’m looking forward to more affordable prices. i’m tired of owning only .24587 of a bitcoin.
when people tell you not to panic sell, they may not always have your best interests at heart. you gotta do you. that said o.p is not 100% spot on. this is a 100% pure manipulation, and if you sell, you will be selling out to some very socipathic whales who not only want to take more money they honestly do not need, but they want to hurt a lot of innocent people in their quest to stick it to the west. do not fall for it. i am taking a month break (i said that 10 times now for everyone who knows me in the daily). i will go down with the fkn ship. not one damn algo to these monsters!!!! go spend time with the family, take a online course, get a hobby, and come back when the temp cools. do not, make decisions you cannot take back in a heated and emotionally charged time. crypto will survive, many shitcoins would not, but if you got your hand in some great projects , odds are you'll be fine long term. don't be the suckers in 2017 who panic sold, and then had the "wish i coulda stories". the people who changed their lives had conviction. everyone told them crypto is dead. people were losing their jobs in crypto. i lost my crypto job. believe me i know. my biggest regret taking the eth and btc i got and selling out and believing the naysayers. i will not do that again. if you have to panic sell at least give it a few weeks and do not sell at the absolute bottom. the choice is yours. i will stack my algos at 6% and this too shall pass. good luck my brothers and sisters
china can fuck off and take elon and zucks with the.
i hope crypto gets banned in china. i despise that shithole of a country.
what the hell is wrong with you people? i know it is not coming from all of you, but the amount of xenophobic hate is insane. just btfd and hodl.
china is repeatedly attempting to fud crypto " do you wanna point out where and when they exactly did that? be concrete and precise about the content when you put up such a clickbait and hate title. lots of the comments here show the ugly sides of people. seriously.
people will never learn. compare the previous btc cycles. btc will go down to 32k and by mid july will be at 76k and after that to north of 300k before the multi year bear market starts.
at this point, the fud that different countries are putting out is just going to start driving more business in the crypto market imho. i can’t understand why everyone freaks out about little bumps and dips when it happens (and has happened) over almost the past decade
hold my friends. crashes can occur but it will go back up again.
so that is why i see a lot of ads on facebook and google about that shitcoin all started on the correction
haha china's attempt at being the first and therefore somehow frontrunner of global digital government currencies was massive fail they are just sending people more cheap garbage but this time its digital!
what does fud means?
tldr; "i'm not at all excited," said patricia chen, a 36-year-old who works in the telecom industry and was one of the more than 500,000 people in shenzhen eligible to take part in the trial. the lukewarm responses of the participants in china's great monetary experiment underscores the challenge facing president xi's government as it lays the groundwork for adoption at home and abroad. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
this would be good for crypto, if their words were worth anything.
seems multiple governments are experimenting with this but i suspect it will have limited adoption as if it becomes more convenient than a credit. they do not outright attempt to shut it down crypto as it is another source of taxable revenue, but i believe they are going have a rough time forcing out established coins since the goal is antithetical.
there is that, but also the two dips show the stupidity of algo trading and how it screws up the market.
> enable regulators to instantly turn off the e-wallet of anyone who runs afoul of beijing gee, cannot see why people are not tripping over themselves to get it...
digital currencies just goes to show how stupid our elected governments are. china is so hell bent on taking over usd that it would go over any lengths to unseat their dominance while crypto working behind to unseat every fiat system.
can somebody fill me in on the difference between an e-yuan or an e-dollar and the regular versions of those currencies? is it that each ecurrency (i guess a cent) has a digital serial code? the only benefit i suppose to this would be if every single digital transaction, let’s say when i pay somebody on paypal, is mandated to be sent to a federal database that is designed to prevent the double spend problem. you still end up with a situation with fractional reserves and a central authority controlling the database. it solves 30% of the problems basic crypto set out to solve.
these are just tests for crypto when we come out in the end, these countries would not have the influence over crypto. 'whatever does not kill you will only make you stronger'.
all gov back fiat will fail popular adoption testing. it's popular because it is a dilution and inflation hedge at peak use and full adoption why the fuck would anyone ever want a gov backed crypto?
bityuan sounds like more of a joke than doge. like, i would literally trust it less.
f king cheap china you don’t get my money. i am hodling. honestly if this is heading towards under 30k it’s already late for cutting loss anyway. so hodl it is
would have to force the people to use it. just look at their social credit system. if anyone thinks they wouldn't tie crypto into that they are insane. "oh, we see you've dipped too far down on your social credit store, we're restricting purchases and holding part of your income until you shape up" also expiring currency forcing people to spend not save to fuel an economy sounds like an economist hypothetical wet dream. chuck palahniuk wrote about it in "adjustment day" although his version was ink that faded over time, being valued less until the plastic currency was blank and worthless (or something along those lines, been three years since i read it). also, this one is killing me. i read in a book (cannot remember hence the killing) that an economist had floated the idea of one child policy to the chinese, but was shocked that they carried through with it. anybody remember reading that somewhere?
i hope you're right... this noob is sweating bullets right about now 😳
better than holding, if you can, i would consider buying. (remember to never buy what you cannot afford to loose)
who is fudding? i am buying
don’t worry. the great reset is coming soon, and us gme apes, will help change the world. it’s only boomers and old people in control of the world wealth, and the new wave of younger investors terrifies them. we see the corruption and will destroy it. crypto apes and gme apes are all together in this one.
grandma ? i told you i was hungry but this is definitely not the fud i was hoping to get :/
only paper hands will get shaken out with this baseless fud i'm holding my oro bag
while i don’t like the idea of highly centralized cryptos i understand if they are like stablecoins it might not be too terrible. still thislike the idea for the most part though.
do they cry like little baby
china also notoriously manipulates commodity prices downward when they are planning a massive purchase.
been in crypto since 2015 and after a miraculous rise, there will be a period when btc falls like a rock and everyone panics. in this fud, people will come up with posts on why the crypto market is falling but no one seems to know why. this was the same at the end of 2017 crash. i specifically remembered posts after posts on why btc fell. first it was "chinese miners" cashing out due to chinese new years. then it was investors pulling out due to tax purposes, then they blamed btc etfs. people throw out all sorts of reasons when crypto is dropping, but never think that it is extreme growth rates can be unnatural. this article is a criticism of cbdc, not an example of "china fud" affecting the crypto market. the title is intentionally misleading and offers no connection to the fud in the current crypto markets.
> the failed experiment that is the "whatever it takes" euro lol... someone is sitting on a high horse.
the value of cbdc is in wholesale banking. letting banks. retail banking, can then get to use the same financial services but either faster or cheaper. wechat already serves international customers, but large international trade could be facilitated with foreign banks joining the cbdc network.
can’t have success without failure!!!!
china needs to reduce btc popularity in order for digital yuan to be successful. but why would anyone want a digital yuan? what is it good for? 😂
what does fud mean?
funny. my chinese crypto has been steadily creeping up.
guys do not panic market record next month
canadians basically use debit cards for everything. i have no clue why you would need a dedicated digital currency for transactions when interac has been doing digital for 10 years +.
can somebody advise me on great crypto stuff? what do you think about chihuatoken? chihuatoken gives you a wonderful chance to win trillions of .
i am not sellin!
this is the dip you've all been waiting for. buy time.
what is a good crypto to invest in right now? they are all down significantly. i think file coin and related cryptos will struggle for a while since they are primarily used by chinese citizens. i may be wrong. i'm sure i'm not the only one trying to spend this weeks paycheck and is unsure which to buy in with.
would anyone recommend i stock up on ? i am doing some many things at once right now but a litecoin aint one
"the lukewarm responses of the seven participants in china's great monetary experiment underscores the challenge facing..." they took seven people who did not care for it and made an article lol
they literally waited until btc started doing poorly to “reiterate” various bans they made in 2017 lmao
there are only 21m coins, do the math!
ironic considering this sub’s obsession with vechain.
china can’t control crypto. and we all know how they are about control. they’ll lose the battle, it just takes time.
how did china expect this to go? they seem to be pretty savvy when manipulating their currency.
it’s all part of the plan they just keep throwing more bs hoping something sticks. released in the middle of the night local time just when america is opening. so damn obvious.
digital yuan was never gonna work to begin with. the price action shows us one thing: we are getting to them! they would not be able to do anything real soon.
my vechain is in the gutter... gonna power through tho!
can someone explain me the whole underlying meaning of "china fud"? okay let them ban crypto or mining - then what? yeah, sorry for the chinese gals there, but how does it directly affect the crypto market? facebook and google are banned there - it does not crash their stocks though? why do we even care?
the problem with crypto is that it is not transparent right now, the market seems to be fueled by usdt which is a total incognito for everyone, usdt is bringing a huge risk to all the crypto market and the regulators are acting to do not let the risk spread beyond crypto markets and preventing a crash like 2008.
hodl? how about buythedip?
what about digital yuan is a total thisaster? i’m completely out of the loop here. i was under the impression that the us was behind in digital currency. i guess it’s better to not have one at al rather than have a bad one.
yes yes, inject more hopium and copium straight into my veinssssssssssssssss
"tyler durden", that is the complete moron from zerohedge, right? he does not know shit.
chinese new year caused the 2018 crash! now this again!
i swear next week its gonna be worse, but then it is all gonna jump back up.
china the digital currency is not for competition with crypto instead the competition for digital payment in alipay and tencent chinese government very worried about corporation control of all finance, and all user information, and finance the institution in china still small and developing please examine china and jack ma this year, it is more understanding about digital yuan vs. other system, cryptocurrency is not target
just when i thought i bought the dip, the dip deepens and continues.
how about the dude on 4chan which predicted the drop, the time of the drop, and the exact amount, the day before it happened? [
idk how much i trust an article written by 'tyler durden'
thanks china for the cheap entry into the market
good. more for us.
let china do whatever they want, the biggest miners have moved from one country to another before... if they have to they will just do it again
wtf does fud mean?
bad chinese regime! shame on you
hodl and enjoy the thiscounts
is good time to buy crypto... just sayin'...
come on china! hodl the price low until my pay day!!!
how to mine btc?
if you’re selling at all you have room temp iq
down 40% and still dca.
can you share a link of which one is good?
that would be this wallet?
they can do all they want but when they do come out own their own to take care of the unbanked folks across the globe, then i know they can really defeat bitcoin.
i’m new here but doesn’t this happen like once a week?
it's like a regular yuan, but even less trustable
this makes no sense. china is one of the biggest btc stakeholders with most mining hashing and asics coming from china. plus, as a nation state they are very reserved in actually intentionally damaging assets and targets with nation-state funded hacking. they're usually only trying to acquire information.
every bullrun ends with china fud. nothing new.
china xd - try harder xd
just another news to villify china. meanwhile do whatever you can to glorify israel.
their employee runs 1600 pennsylvania - this is the problem.
roger that, hodling and also buying the dip
first, you get the gains.
fuck ccp fuck communism fuck tyrants long live blockchain
central bank runs china. central bank at war with cryptocurrency. the positive is they are threatened big time. and they are doing their best to manipulate the market to be able to create a global reserve cryptocurrency. and when that fails, well if anyone knows the evil of the central banks in the 20th century then they know. its important to stay strong. be ready for their currency and do your best to stay away so it would not gain control of the decentralized market. because if they take the strongest hold, it wont be decentralized
man, new investor, going from up 30 percent to down 40 in a week is nasty. gonna hold it though - i fully expected my money to be lost so not drawback to holding. i am actually getting serious itch to buy more
i want to have hope too but it is looking strongly like a dead cat bounce let us be real here. either way i guess i have to wait for the next run
i’m hoping crypto will finally go away so i can finally buy a damn graphics card! without paying for inflated prices
ah, china fud, the true pale horse of the bear market!
please read, tag and share the posts i made today. we small investors must act together.
dont hodl, dca your butt into btc
china thinks they can close pandora’s box. good luck with that
alright then time to buy some 3090. i think i can afford one next year 👍
do i buy eth now or do i wait in case it goes lower? i have no idea anymore where the bottom might be.
...and that was the last we heard from patricia chen
digital yuan is digital slavery!
china fuds everything, and the irony of it is the party buys it all up.
still holding my gems, but i am adding more ada bnb eth and nfttech soon, they are be having a dual launching of token listing and platform in few weeks.
ahahahah that is not how the system works flawlessly yet again. thank you for this! wish it was sun dayyy my head hurts but i think i've won close to 5 of the time i was told that my family and i love that the comment you replied to, dude. do what you can to make that point. i think those briefs are restricting your mobility, better go with something a bit lighter next time. this inhibits their success.
no dude they really care about the environment and human rights !
piss on china, they need to stick t their own shitcoin!
china cant stop it and they know it
isn’t china just the gift that keeps on giving...
no better time to buy the dip! i dont get why ppl panic sell geez
unfortunately they manage to affect the prices quite well…
we sought further comment from ms. chen, however they have since gone missing... rip pat “not at all excited” chen
elon probably knew why to stop teslas btc
hodl on tight ppl the fud has been turned up to 11
we will always get through this. the better question is: how to do that? maybe it is better to sell, wait and buy back? i do not know. do you?
good guy china making crypto more affordable for the lil' guy; buy the dip
i am a bit sceptical of an article written by none other than tyler durden...
you made me check out my balance and ruined my day
they were one of those made in china...
i am not scared. risk.
ahhh, its chinese new year already?
with some predicting that they bull run might end in a few months. do you guys think it will juml back up to what it was before evidently going into the bear market?
so fucking tired of china and their bullshit...
reading this thread makes me feel like reading about my favourite team on the verge of losing game 7 in the finals. there's always next year.
i wonder how many chinese millionaires bought the dip...
this is attempts by governments with power to gain control of blockchain money. you cannot do it. so they are trying to use fud and direction to manipulate the markets until they can get a hand on it. thing is they are to greedy and stupid to realize they cannot. the shift has begun.
the key here is this: >"according to bloomberg which interviewed users of china's digital currency, they showed little interest in switching from mobile payment systems run by ant group and tencent that have already replaced cash in much of the country, with some openly balking the digital yuan - which recall is programmable and comes with an ad hoc expiration date - and which gives authorities access to real-time data on their financial lives." this just adds motivation for the prc to nationalize those conglomerates and eliminate that function, or to force them to add the digital yuan and promote it heavily. if there is anything we've learned about the party it is this: when it decides on something, it gets it.
nobody in the world would want the yuan as a global currency. can you imagine china tracking everything you do with money? even manipulating the currencies price ar their wiil? ef off commies.
i can thank the dip for allowing ethereum to be cheap enough for me to be able to get 0.1 ether lmao. maybe i'll be able to buy something pretty neat in a year or two
yeah but, can. they not do that please?
most likely it will get worse before it gets better. don't sell out of fear unless you took debt you cannot afford to buy. even then i would hold.
china and tesla can both fuck off as far as i'm concerned.
haha coming to america i'm coming to america some really good weekend pr without releasing pr lmao here it comes
alright someone figure out how to short that chinese shit coin
oh so uncle xi want to invite himself in every household and monitor people wealth and simply rob them of all their money at the push of a button? what could possibly go wrong in a communist country?
if you have invested money you do not need at the moment, just hodl, hopefully it will go up in a year or two or three, you get me. and if you need the money stay close to the exchange, when it goes up a bit, sell it and then wait for re entry, you know you can enter again, right? keep it simple folks, best way to have peice of mind. anyway stay frosty!
you guys can talk all you want about how the chinese news is bullshit, but the fact of the matter is, it caused crypto to plummet, once again. if everyone holding crypto has weak ass fucking hands and sells on bullshit news, it doesn’t matter whether the news is true or not, it’s still a terrible thing for the market. in fact, it’s probably even worse that the market dips on bullshit news than if the news was actually true.
it’s not enough to hodl. we have to buy the dip!
talk about fud in an article. it uses two lines from seven random people, out of over 500,000 who participated in the trial, to write off an entire currency project. imagine if an article declared bitcoin dead because two endusers didn’t like it? it claims, without evidence, that the goal of the digital yuan, and its trial, was to replace the us dollar, despite the creators explicitly saying that wasn’t the goal. it then takes the failure to replace the usd as a failure of the trial, and project. it didn’t even *attempt* to replace the usd. the trial was run inside china. no digital yuan were thistributed outside. i don’t think there’s even a way for foreigners to *get* digital yuan. it goes on to point out that capital controls and monetary restrictions limit the promulgation of the regular yuan, and says that the same problems will apply to the digital yuan. this is correct, because, again, replacing the usd as the reserve currency isn’t the goal at present. at most, they’d like to settle a few more bilateral trades in yuan. the only thing the digital yuan could bring to that effort would be a non-swift payment mechanism, for evading sanctions. otherwise, the digital yuan is in the same place as the regular yuan. in terms of widespread adoption, it’ll happen when the government wants it to happen. it’s easy for a state to get its own people to use a currency. offer thiscounts at first, promote it in public channels, then require it for paying for certain things, the ultimate being taxes. internal currency adoption is a solved problem. as for privacy concerns, people have to realise, the state is trusted more than corporations in china. alipay and tencent already *have* all the payment data. the state doing it instead *increases* privacy by limiting the data to the pboc.
just wait till the wall st bonuses come in guys we'll be back at 52k in no time
to hell with fud, imma bout to sell my house to buy crypto fomo is eating me alive
running the risk of sounding bad here but man is china really trying to make the world hate them? they are kinda successful at it.
hodl? btc is 40% off, i've been buying the hell outta these dips
yes their position is absolutely ideological. the digital yuan would give the prc new and unprecedented control over their citizens. as a example, one idea was to put an expiration date on them to force people to spend instead of save. in new york, gambling is not illegal because they are ideologically opposed to it. it's to give the state lottery a monopoly on gambling in the state. all cbcs will empower governments like this.
from what i’ve read about cbdcs i think they all gonna fail until someone is willing to give up control and release their currency as an erc20 token on main net. and i don’t think anyone has that plan.
death. taxes. china fud. gotta love it.
whoever helps china to gain superiority of any form or way will regret it big time in the future. you heard it here first.
nows my chance to get in!
chinas just trying to unseat the usd as the global currency. can't blame them, but it is not good for anyone for them to be doing this. plus, who cares what china bans, it is a large economy sure, but crypto has been growing just fine without them for years.
whenever there is a selloff or correction, this type of propaganda theory surfaces. i do not believe a state will manipulate the market to put its citizens' investment at risk. bitcoin was showing buyers exhausting for a while. it hit 42000 support multiple times in a day. people got scared and started selling. this is how correction. i blame panic selling, not these manipulation theories.
is everyone hodling their moons?
i do not know a single person that would trust the digital yuan bitcoin all the way
short it and make yuanillions
if anyone is interested in learning basic ta or new to crypto, i admin crypto investing for beginners on fb and we heavily screen for scams and annoying bot links. come see us:
lol a digital currency controlled by the ccp? who could possibly turn down this opportunity? 😂
it’s a shame china’s choices have such an impact on the market
i've just put a take profit order on my coins at a good price. and i no longer look at them. that's it we are in a bear market. once they start selling i'll know we are getting out of it. don't even look at them anymore.
does the timing of the announcement seem like blatant fud to anyone? who announces something like that around 11pm local time on a friday? seems aimed at making americans sell
missing from the article: china doesn’t have to make it popular, just mandatory for certain use cases. make digital yuan compulsory for property transactions for example, and sit back and watch. it’s still just being tested, if i recall correctly, so it’s too soon to determine its fate
digital yuan cannot compete with a market of solid crypto
fud, just like intel perfected back in the opteron days. well played.
no one is saying this but digital yuan is far from a crypto btw. it is still a centralized asset under the control of a bank. sounds like a george orwell concept but for money. they'll be able to see everything you spend in it and probably expire your money if you do not spend it--you know, to stimulate the economy. they'll be able to experiment w all kinda of monetary policy.
god this is more fake news upvoted to over 10k on this subreddit. china has not even released its digital yuan yet. y'all are getting played so hard right now. yesterday it was fake news about the usa embracing crypto when the opposite is happening. where the hell are the mods?
time to set up a node and play my part
wouldn't touch it with a 10ft pole
they can take their crap currency and gtfo crypto. i want it, i do not fear it. the less of china the better. the market should have went green with this news.
not surprised. standard commie bs
most people are getting into crypto for upward socio-economic mobility, not just a means to pay with "crypto". why would they buy digital yuan? wouldn't it just be a stablecoin?
anyone who trusts anything coming out of china is a fool. there is no separation of the prc and any company or project there.
you know why their crypto is shit? they can force you to spend it by making it thissapear when you don’t
if china is actually shutting the door on crypto, what does it mean for trx?
been saying this for so long that china has been working on their own crypto and has a huge chunk of bitcoin by the balls
i swear that ~~country~~ dictatorship is such a monumental piece of shit that anytime i see them doing anything i automatically assume the worst.
china is really shitty lately
challenging china in an economic game. let's see how this plays out
so buy the dip sirs?
it’s all market manipulation. china “banned” btc back in 2017 already.
not concerned at all! 💎🙌🏼
just bough in for the first time today! these dips are delicious! 🚀
this is making my crash sense go off
american financial institutions start to invest more heavily and their crypto has been unsuccessful, so china tries to tank it...makes sense.
**decentralized finance needs a decentralized network...** this will be a good thing in the end. the mining farms are moving to mostly democratic countries around the world. 75% of bitcoin miners being in china was a recipe for thisaster to start with.
can china just fuck off, this kind of fud always screws up innocent people
dip part 4004 zzzzzzzz
i think all the more reasons for mainland chinese to get out of the yuan cdbc and into cryptos. all my mainland chinese friends are always getting money out of china and it will not change!
hodl? i bought some bat. and i have not owned bat for months, other than from the brave browser, but it is so damn cheap. it's like a 2020 boxing day sale!
remember to sell all your bitcoin, and exchange it for new imperial ccp coins at your local exchange.
thank you, your reassurances could not be better timed.
the communists don’t like the idea of decentralized finance. who would have thought. media buzzwords stay shaking weak hands. like they haven’t said the same thing 10 years straight 🥱
this is old news. they made their own digital currency because their fiat currency is one of the worst in the world. they are tired of not being top dog in the world for wealth, that they need to denounce everyone else to remain relevant in their minds. they are like that delusional ex girlfriend who would not accept that you broke up with her.
watching china “banning” crypto is like watching my mom threaten to beat me with a wooden spoon. neither ever happened.
would it really be so bad if china was out of the crypto business? to be honest, the last year of covid-19, fucked up real estate markets and rocket parts falling out of the sky is about enough so it would be one less thing they can screw up.
i'm not even looking. don't care. call me back in 19 years.
honestly china can just completely ban bitcoin and any other crypto. their shutting themselves off the network, and will be immune from future fud as the government and its people have zero influence or stake in it. it will, but it will surely pay off in the future
so, is this yuancoin a buy? just saw an article about it where he made bank and the website talks about 5000x gains (this post feels like sarcasm at this point)
i do not know anyone by the name of china. must not be anything important lol
had a finance prof that made a killing investing in stocks of us companies banned in china.
i don’t think you realize how powerful china is. all they have to do is release news of them seizing the hashing power they have in china and cryptocurrency is tanking heavily. like probably the biggest drop we have seen so far.
it's laughable that china thought a digital currency that tracks all of your purchases and expires would be popular.
im ready to hodl everything in my ownr wallet for another year or so
why do you think the digital yuan has been a thisaster? by all accounts it’s been a great success in each of the cities it’s been deployed (and continues to be).
i thought ellon musk was responsible for the collapse of crypto, what the fuck did i miss in a week?
& you guys think we'll take over banks... reality: china wont budge on **any** crypto currency. they'll just ban it. & make their own.
it seems like the evil winnie the pooh wants to control the world with the unmentionable shitcoin.
you beat me to it. i threw out my crazy “conspiracy theory” and told my friends with the high sells stateside. that china took advantage of the american panic. (input charlie day pepe silvia gif.)
thats sad, i was hoping they would ban all crypto and then the price of computer parts would finally stop being so damm high
this news from china has caused prices to fall sharply, but it would not last. this is all just fud used by some to be able to buy bitcoin and cryptos at thiscounted prices. don't be fooled.
it was so bad that i never even heard of it before.
honestly china is just generally so bad for near enough every market. no great surprise their gov want to try and control crypto as well.
just hodl? who else is buying up in the sales?
china want crypto. they want to buy as much as possible while it is cheap and currently it is on sale
everything is better without china. sure short term we have losses but then it will be much calmer life
f china, we hodl!
he didn’t listen to anything he says
big fud, but once they buy in, lambo’s everywhere
i assume they are fudding, like musk, bloomberg, and all the tycoons for one reason. to keep the price low as they all buy it up.
havent thjought about selling my btc for even half a second, my shitcoins on the other hand tho... :d
they’re always fudding either for their own gains or because of their own losses
a couple months ago this stuff got me downvoted to oblivion and flamed to a crisp for ever suggesting china could ever affect bitcoin price. please learn something from this.
what china doesnt understand is the concept of defi and crypto. china making a digital currency is laughable because all it is making a currency digital. they can still print. the funny thing is they have no idea why their digital yuan is failing. when you see these government trying to suppress true crypto it is because true crypto is working and taking the power away from government.
i do have to thank them for the sale! i jus need to get more money to buy because i am all out of that fioat
fiat is shit. digital fiat is digital shit.
china doesn’t want freedom movement of money. too much risk for the financial system. so a big no no to any crypto currency.
blame sky blame air blame china lmao😃
china is literally averting a climate thisaster by quashing this frivolous use of resources while bougie morons sit complaining that their make belief bullshit is not worth as much as they want it to be. you people will destroy the planet and then ask why your techno utopia does not stop the sea levels from rising
you're all fucked. it's the beginning of the end. cash out while you still can.
guys, found new charity token with good tokenomics and devs with huge projects, check it if interested - . dyor !
guys hurry buy it’s so new in some days already over 10k hodlers. (note: you get the real contract on etherscan only and you can as of right now only buy it on uniswap with eth. be aware of false coins with the same name! good luck and hodl
the citizens should rise up, maybe a few of them can light themselves on fire in protest. trying to keep 'em down and prevent them from makin' bank!
this current dip going on today has nothing to do with news, people just like to attribute that when they do not understand the charts. we had a triangle forming on the lower btc timeframes, along with a line of resistance just above it that indicated we'd probably see pushback. there's been signs of divergence. we also knew that we weren't breaking out of this overall large dip without some more downward movement first. all the signs were there for this. i sold part of my positions this morning and it is playing out just as the charts indicated. buy the dip back at the bottom and we'll carry on.
winnie the pooh looking motherfucker.
of course digital yuan will be a thisaster, who the heck does the ccp think will buy it? besides, what's the difference between the digital yuan and the already existing yuan? it's all government issued and manipulated. the uk also wants to create their own digital currency, good with them for that. like do world government really think their people like them that much that they will support their cryptos? 90% of us (like me) do not even understand the whole crypto thing yet, but we just know it is part of a "fuck you to the establishment". good luck to any government trying to create their own and expect it to grow, i'd rather buy shibu inu and watch it crash.
ahh the old 'we'll get through this' (as if we have some sort of allegiance to each other when you know as well i do that you do not give a crap about me) routine. now i know the bear market is definitely here.
lol, it’s so cringe seeing people say hodl
please don’t bring the hodl shit to this sub. can we collectively stop treating crypto and investments like a meme?
yea fu** up the crypto world and blame china for your nuisance... gtfo!
no fud but if btc does not break certain levels we are going i a multi year bear market
china this china that, do you guys realise that majority of exchanges are controlled by chinese owners or investors living in us or singapore or hk but still chinese to the core? and that if they want your money they just can get while in their exchanges?
guys what if this bullrun is over, this fud is getting me. i am shit scared.
screw china, stack crypto.
this article is by tyler durden and cites a random telecom worker, how are you supposed to take this seriously?!?
china ccp just bought large quantities of bitcoin!!!
i'm this close to taking out a loan to buy some more ada right now. fuck me. i got paid today and it is all gone! not sure how i'm going to pay rent and do my laundry this month, fuck it!
united we hodl :-)
seriously blaming china for this, how about vitalics fud, he wants it to be about the technology not making people get rich quick
why must they continue to attempt at controlling the world economy?
crypto is sketch as fuck right now. china hasn’t pushed anything new against it. crypto is being used as a shell by hedge funds. it’s tanking every time they need liquidity to fund their shorts.
and beijing biden is following in xinnie the pooh’s footsteps. these people are pathetic. i’m tired of watching my crypto accounts drop by hundreds-thousands of dollars. boycott the terrorist country asap.
china doesnt sleep when it comes to fuck us over, in any way, that includes certain virus
psa for those who dont know look at the cost of housing, lumber, cars, goods etc. why is this happeneing? all of the central banks have been lending trillions of dollars they dont have and are all bankrupt they are apearing before congress ( [ ) we live in pacs americana, us dollar crumbles due to hyper inflation the world econemy goes with it. what holds value when you dont have a centralized currency? nft's and crypto! diomand hands
crypo's losing 50% of their value... i think this whole thing could end due to intolerable volatility. some people will still hang on, but it could be years before a recovery (if there is one).
china is mostly closed to mlms, so this should not surprise anyone.
digital yuan works great so far.
i just hope the altcoins manage to detach themselves. it would be really nice if they all would be moving more independently.
looking forward to china finally leaving the fucking mining network tbh. bitcoin tx will be rocky for several weeks, i’d imagine the miners would shut down over time. but who the fuck still transacts on bitcoin anyway? just use litecoin or whatever
finally someone that agrees that china is a centralized monopoly on all major proof of work coins, including bitcoin. you know how hard it is to get a maxi to agree to even yield that little bit of truth?
they never have and never will shut down their miners...
you do know they are in china due to low cost of energy. did you completely miss that part.
more decentralized and possibly even cleaner. china mainly uses coal to mine btc so if the mining moves elsewhere there is a good chance its with cleaner energy. i don’t get why new articles like this automatically are automatically thought as fud. to me this could be great overall
this article is by tyler durden and cites a random telecom worker, how are you supposed to take this seriously?!?!
yes it’ll once again get closer to satoshi’s vision (tm). i’m sure he never imagined china one day hogging all the hashrate.
cut that carbon footprint.
wouldnt that also technically raise the price? more demand, less supply? or am i missing something
oh, is this why my profitability spiked to 8x what it was two weeks ago?
oh please. grasping at straws here.
i hope it goes that way fuck chinese miner farms.
please share this everywhere
if this happened would the difficulty go down enough for one to mine on a shitty 1050ti with a ryzen 5?
they are so salty when they do not get their way. china is like a spoilt single child 9 year old. when they do not get their way just attack without any justification and have their public mouth piece write some trashy news article in the global times promising further repercussions until said target caves to the pressure. here in australia we cannot go 3 days without the global times talking shit about us.
is this remotely accurate? instead of just spouting things like i know what i am talking about, instead this is just my feels: china just prints money in the dark and then takes over shit with slave labor, then once they control the market, which no one else seemed to bother sourcing any better (not that they had a choice) they rek it.
i am 100% **convinced** something is going on with china and mining. [ look at the last 6 months. the hashrate was mostly stable and steadily rising. after the (physical) chinese mine flooded and cause outages a little over a month ago, the hash rate has been all over the place. my, personal n=1: i mine on my little gtx2060. i have consistently averaged between -4 for over 6 months. since the flooding? -14. something is happening in china.
i'm actually happy china is not going to have that much power anymore. we have the opportunity to spread miners across the world. after a recovery people will realize this is good.
it’s actually a good thing
the benefits to your average joe looking to start mining if all the chinese mining halts holee just got solar here might be time to buy a few asics 💎💎
ah well this is true
never underestimate china’s ability to play the long game.
maybe if their miners are shut down i can upgrade my computer
you must watch this to know what is to expect. really interesting theory. things must go down so as to rise to greater heights.
this is actually a really good point. the cryptocurrency industry and bitcoin is not going anywhere. china has too much hash power and this is actually a good opportunity for a change if they actually act on their words. embrace these dips and we'll recover in the future. hope everyone is doing well ☺️
the only reason they’ll shut down the miners is because they’re incepting their own.
hope it does. been mining on my little crap setup for a week and still have 4 zeroes to the right of the decimal. 🤣
i thought they only said that their banks were not allowed to buy or sell crypto - which they have done before? was there mention of them banning miners too? it seems a little crazy since mining creates wealth and china is seriously greedy for the world's wealth. so much so, that i wouldn't be surprised if they forewarned their mining companies before they made their announcement so they could cash out and buy back. if nothing else, they choose their timing so that americans were in bed so the damage was done before they woke up. if you wanted to get a little crazier... think of how much american government corona stimulus money was put into crypto this year... and now it is in china...
honestly, it would hurt them more than us
this guy knows!! the first and last comment i need to read.
wouldn't you idiots not want miners so...your currency goes up? mining just increases supply. this am not a currency bro.
gotta love the dopamine fix from going 80% up to -40% in just a couple hours ![gif](giphydxxgf8s3y4t3ommpca)
i invested for the first time a week ago or so and i have my inversion halved but i'm not afraid at all, i will hold and better times will come, i invested for the long term so i knew something like this could happen at any time.
your coins still equal coins. don’t think in usd and you’ll feel better lol
off to a great start! and you're not down anything unless you cash in :) hodl!!
down 40% so far*
you are down 0% in the assets you've bought. you've lost dollaric value which you'd regain anyway. unless you've sold, which would then make you the classic whale prey.
welcome to the club! just stay strong, things should get better.
owning crypto is like having a bank account that is also a rollercoaster! 📈📉📈📉📈
great opportunity to grow some diamond hands and balls bro. only way to win against market manipulators
legit me. always late to the party
this happened to me right after buying my first crypto. had to learn it the hard way that long term holding is the best strategy.
hi there! enjoy the ride
i'm down 60% and i invested 4 digits. let's gooooo!
don’t worry. in 25 years you’ll look back on your holdings today and wish you never sold. mark. my. words.
same here bro, i’m down by 40%, i don’t want to sell but i don’t know what to do about my rent.
don't worry, alot of us are down 6 digits or more, and not sweating this at all :) i'm actually contemplating pushing the kids savings into crypto. we've been talking about it for a few months, but the timing seemed off. now seems like an appropriate time to give them some coins to sell in 10-15 years :)
up 700 votes and counting. the singl-leg moon hedge setup. fucking legend.
you get used to it:) general trend is up though, you do not lose money if you do not sell in the dip!
yo honestly i invested the first time back in 2018 when it first peaked... immediately down 50% and stayed down sometimes going down 75% but i never sold. i was down the entire time for like 2.5 years i held and in 2021 it exploded for me. and once it did i started buying more since 30k dollar cost averaging. for the past few years i i just treated it as money i did not care about and hardly ever checked. obviously i'm glad i did not sell, but my big mistake was not dollar cost averaging the past two years. if i had just put in let us say , i would have made much more in 2021. so that is what i am doing now and i am glad i am getting this on sale haha. i am going to put in a staedy amount consistently (money that i do not notice leaving my bank acct and that does not impact my life if i lose it), and i am fairly confidence 3, 5, 10 however many years from now it will be worth way more than if i had invested it in stocks or let it sit in the bank account.
it's the best time to buy more crypto ;)
investing during a bull run is risky
if you’re actually investing it shouldn’t matter much. there’s always a retrace or correction after a bull run, just like equities. if you were gambling on the short term, then you’ve chosen precisely the wrong asset. what i haven’t seen mentioned is that an enormous amount of institutional and professional investors have taken to crypto, we’re talking pros pumping coins with hundreds of millions of dollars. they sold the news when they saw a profitable exit opportunity, and you’re holding the bag (for now).
don't sell. is just temporary.
welcome to the club! (it gets better)
when you're up 100k+% you give 0 fucks about these market sell offs and just buy more look in the future you will wish you bought bitcoin at 🤣🤣
same mate, started right when this crashed... lets pray together
me too, but i pooled the plug very early. did some day trade, and activated stop loses before go to sleep.
welcome to the club brother!
just in time for the sale!
same here, we srsly have the worst timings
i literally made my first uncestnent today a few minutes before this big dip, i know the feel, but the market was at a low point before it so i do not think we missed much.
me too my friend, but we will get through this!
no worries . i start februarry . from that time i get lesson of keep my emotions stiil and hodl . do the same . it will rise im sure you . the best crypto invest is long time invest .
same lol i started last weekend and am down 40% as well. just bought another batch 5 hours ago because i thought it was cheaper than last weekend lmao
i feel ya, took my 1st step 2 days ago, 5 digits, and already down 25%. a bit of a sour start indeed, but plan from the start has been to hodl a couple of years so not that worried. just a really sour kick-off. still got half my buy-in reserved, definitely gonna sit on that and observe for a while.
i feel you. in it for 3 weeks and down 25%
aight, i invested first time after the drop! lucky me! now it will drop again :d
a nice new dip for me to invest some more. i've bought the dip a couple of times in the last week, i guess i'll just keep buying as it keeps dipping.
you’re doing it right then
how much is that in cash?
i swear crypto is like that club you go to and they egg you on to take like 15 shots because it is your first time.
you only lose 40% if you sell it.
welcome to the club pal
pin this shit someone
here's "a" version `on may 21, the financial stability and development committee of the state council (hereinafter referred to as the "financial committee") held its 51st meeting to study and deploy key tasks in the financial sector in the next phase. ` `the meeting was presided over by liu he, member of the political bureau of the cpc central committee, vice premier of the state council, and director of the financial committee.` `relevant responsible comrades from member units of the financial committee attended the meeting.` `the meeting pointed out that` ~~the financial system resolutely implemented the decisions and deployments of the party central committee and the state council, increased support for the real economy, prudent monetary policy was flexible and appropriate, credit policies accurately adapted to the needs of market entities, liquidity remained reasonable and sufficient, financial services improved, and financial services supporting epidemic prevention and control and economic and social~~ `development` ~~have~~ `achieved obvious results.` `the meeting requested that the financial system` ~~must adhere to a sense of the overall situation, adhere to a stable character, scientifically and accurately implement macro-control, grasp the degree, and refrain from making sharp turns. it is necessary to~~ `comprehensively use a variety of monetary policy tools to` ~~maintain reasonable and sufficient liquidity, effectively prevent and defuse financial risks, and~~ `promote a virtuous economic and financial cycle.` `one is to further serve the real economy.` `a prudent monetary policy must be flexible, precise, reasonable and appropriate, continue to implement policy tools that directly reach the real economy, enhance the vitality of micro-subjects, stabilize enterprises and ensure employment, and vigorously support the development of inclusive small and micro businesses, rural revitalization, manufacturing, technological innovation, and green transformation.` `the second is to resolutely prevent and control financial risks.` ~~adhere to the bottom line thinking, strengthen the comprehensive scanning and early warning of financial risks, promote the reform of small and medium-sized financial institutions, focus on reducing credit risks, strengthen the supervision of platform enterprises' financial activities, crack down on bitcoin mining and trading behavior, and resolutely prevent the transmission of individual risks to the social field.~~ `it is necessary to maintain the smooth operation of the stock, bond, and foreign exchange markets, severely crack down on illegal securities acts, and severely punish illegal and criminal financial activities. ` `it is necessary to strictly guard against external risk shocks, effectively respond to imported inflation, strengthen anticipation management, strengthen market supervision, and prepare response plans and policy reserves.` `the third is to continue to deepen reform and opening up.` `further promote the market-oriented reform of interest rates and exchange rates, and maintain the basic stability` ~~of the rmb exchange rate at a reasonable and equilibrium level.~~ `speed ​​up the reform of the capital market and promote the high-quality development of the bond market.` `deepen the reform of financial institutions,` ~~return to the roots, stick to its position,~~ `and carry out` ~~investment and financing activities~~ `in accordance with the green concept.` `continue to expand high-level financial opening.` ~~[i want to correct] editor in charge: song yan related manuscripts the people's bank of china holds a video conference on financial stability work in 2021 the people's bank of china released the "china financial stability report (2020)"~~
posting some clarification from those who know china crypto markets ---- the seriousness of news is def more so than normal china fud, can be material 1. it’s direct order from the state department 2. it’s emphasized by vp of prc in china policy’s execution and impact really matters on where the order is from and who announced it to the public also ccp has a known pattern to push policy update on friday night(same for tradfi market) as this can catch ppl off the guard and no agency will be working on weekend, leaving ppl no choice (and even hard to get clarifications) only prepare upcoming impact on coming week this is the original vp’s talk summary form for it to be executed, there needs to be series of executable docs passed down to the actual agencies, so will wait for those in coming weeks to gauges level of seriousness
actually they caused it ! there is a coordinated attempt to crash the crypto market in last days look a all the sudden drops and all the fud arround
nope, they mined during the dip and sold you the ath
lol what twist? they've been consistently doing so right from the genesis fud "china banned crypto"
china has banned crypto more times than i’ve bought high sold low over the past 4 years... and that’s a fucking lot
i also thought i did. but then there was a thiscount on the thiscount. lolololol. now i am going for a long walk in the rain.
oh no, it is chinese new year all over again!
somebody bought a shitload of crypto, and a shitload more are selling.
at least china and usa are working together :)
that someone is probably china. all the idiots are handing china the control over bitcoin.
biden is bad for crypto, his departments are staffed with those who legitimately hate crypto and gensler is not going to go against the group think here. big governments have a deep desire to regulate the fuck out of everything. give an excuse like pandemic and economic turmoil due to fed. edit: many seem to think taxes on unrealised gains is fud, but it comes straight from yellen: > us treasury secretary janet yellen has proposed a hike in capital gains tax, as well as taxing unrealised capital gains. > yellen said that treasury would consider the possibility of taxing unrealized capital gains - through a “mark-to-market” mechanism - as well as other approaches to boost revenues.
crypto was always going to be taxed. this is the united states of america. ubcle sams grubby hands would never let you walk tax free.
i'm sure biden misspoke. it happens a lot.
apparently the biden fud was yesterday and it did nothing, china scared more people away especially with miners which isn’t good for btc in the short term
it’s not fud if it’s real implications...
where is crypto not taxed, unless you are hiding your capital gains?
fuck biden continuing wars raising taxes still keeping kids in cages.
sale that is me
soon people will realize that btc does not care about any of this. it will keep maintaining its spec regardless of what the media has to say.
isn’t crypto already taxed in america? i’m confused...
biden tax is not fud. you guys need to stfu about it
me, i’m buying crypto on sale 😎
it's been taxable for many years. where have you been?
dare i day, fck china?
usa will try to tax anything but the rich.
not really a sale if the value is not there. paper is paper but this shit is less than paper. if the feds tax it then back to the dollar 💵.
crypto is already taxed. biden wants to tax the whales more, so unless you're sending 10k+ at once it would not affect you. actually this is good news because biden is confirming its here to stay
crypto is already technically taxable in the us. we just don’t report it unless we get a 1099.
you’re taxed on crypto anyway, the minute you pull that shit out you have to declare it, and some companies like rh will send you a tax document because they actually report it.
what was the europe fud?
we summoned them with gme...
so do you guys blame china, biden, yellen, the miners, whales, cnbc, doge, oh i forgot it is elon's fault. it could not be over exuberance of btc to 300k, super cycles, youtube telling you ada 100x, eth 20k, nah its doge. but you make fun of doge sub saying hold the line, doge to a , it is different this time. like you guys are too stupid to see you are the exact same thing you make fun of just replace doge with whatever x coin you just happen to hold. meanwhile during this crash doge is still up about 6500% since the start of the year. don't forget to blame everything under the stars. oh yeah i forgot you'll be boycotting buying a tesla with your 1000 portfolio because it is all elons fault.
> somebody is buying a shit load of crypto on sale right now. why yes, he is me.
ya all of us
tax crypto is good. it legitimizes it in america, now banks will want to use it
wouldn't selling crypto be a capital gains event anyway. so usa would already be taxing crypto?
that somebody is me
you should already be paying taxes on your crypto... it's nothing new
europe is kinda pro-crypto, no?
the crazy part of this is not that the usa is making major moves to regulate crypto across several different agencies; or that china is months away from releasing its digital juan. the crazy part is that people are just blindly upvoting this fake news because its what they want to hear.
you forgot about india fud. exchanges and payment gateways fucking us over.
> pretty sure the only thing the digital yuan offers is easier tracking and manipulation from the chinese government. yes exactly, which is why the federal government of usa has the freedom coin, which will instantly give up your every location to the fbi, and is completely free from manipulation aside from the 100s and 100s of trillions of coins pumped into the banks, which is desperately needed because freedom and 9.
i’m not a huge fan of large tyrannical governments but it’s downright scary the ccp can control what the digital yuan is spent on and even give it an expiration date. i guess it shouldn’t be scary for a country with a social credit system
>who would have thought that a crypto that is the exact opposite of what crypto aims to be would be a thisaster like a purely peer-to-peer version of electronic cash that would allow online payments to be sent directly from one party to another without going through a financial institution, turning into a speculative asset that is simply hodl'd and bought and sold on centralized exchanges?
because the crypto market is one mostly based off of emotions and inexperienced people. especially with influx of the the wsb.
the way i read this article it did not sound like china's digital yuan failed. it only failed to thisplace the us dollar as an international currency.
it didn’t fail and it isn’t hurting crypto. this is a mindless thread
it’s because they’re taking steps, or at least seemingly to be taking more serious steps of regulating crypto in their country. currently there’s many individuals here who trade crypto, and mine it as in the xingjiang region. they believe that these cryptos may pose a threat to their societal economic stability. how do know? well read their government website. just a few hours ago they posted another announcement saying that government members will meet and find a solution to deal with the country participating in crypto. but they’re definitely looking to ban and become strict with crypto mining, along with finding ways to prevent people from trading it by having banks cooperate and basically audit people on their incomes origin. so lots of fud happening at the moment in china and many people and big holders especially selling. they’re trying to get out before it’s impossible for them to retrieve their money. so, big time fud, and it’s working.
didn't they try to ban the wet market too? see how well that went...
fellow scene kid? asian hair was the goal back then haha.
the dips are like pulling on the bow string... you know what comes after that! to the moon!
same. if anything is predictable its reddit reaction. exactly how as it were in 2017. not surprising since it is grown. but the people who are posting about buying the dip. which usually are people who did not sell. soon, if the bearish trend continues it will all be about the "correction" and then only post about prediction about when it will swing upwards.
don't trust china! china is asshoe!
did you read the article?
imagine buying items from alibaba. this is a good way to lose money or get low quality items.
china is corrupt to the core.
hello sir this is amazon support we found suspicious activity from your account...please login to reset password.
instructions clear. bought .
if ccp collapses, crypto is going to skyrocket with the refugees wanting to put money in safe haven
ignoring china did not work so well for hong kong, did it?
people say i do not like china i love china
bad idea to ignore china. it would only take one decision to ban btc mining in the country, and poof goes the network’s hashrate and security. as we’ve seen, they have no problems taking unpopular decisions. when the pandemic started, they were shooting pedestrians on sight in wuhan, because they weren’t allowed to exit their homes.
basically every government is full of shit. china is not unique.
but they do invest heavily that ends up benefiting everyone ...
i keep seeing this, and forgive b’m not super educated on the crypto market, but why is the price still dropping then? is western media falsely reporting this thus causing westerners to sell?
there's a fairly decent chance chine wants to lower the price so that they can buy more.
love the chinese people, thislike the chinese government
the article mentioned banning mining for the first time. i wouldn't ignore this one.
next comes the fed and the western media.
fuck chinese government. they are not satisfied with active genocide, destroying our oceans, our atmosphere, exerting power on countries that are not theirs, creating imaginary lines and claiming everything within it, killing scientists and keeping covid under wraps until it was too late, slave labor... you get the picture. clearly banning crypto and giving their citizens a chance at making a living wage is more important.
they love to stack sats.
> regardless, it is all paper gains or paper losses until you sell. amen to that
binance moved out of china specifically to avoid this shit
at this point i stopped caring
i'm calling the ceo of news right away
people often upvote the answer, not that much the question. thank you for having the balls i do not.
its because their crypto doesnt have a meme dog as a mascot
don't you just hate it when it happens when you do not have money.
no. crypto is a casino. but if you want to any more money in. put money in in monthly increments.
stick to a dca plan, it will work out 👍
been waiting to buy more, and it was a perfect opportunity. doubled my position. it's a little scary, but i'm looking out 5-10 years, not 3 months.
if miners drop out of the bitcoin network, it doesn’t take that much of hit since the hash difficulty goes down. centralized mining is worse more so because it can lead 51% attacks or hold the network back from implementing upgrades that would make it cheaper.
loss porn is a thing lol
fear uncertainty and doubt
it seems to me to be of inherently negative value since physical yuan do not expire.
china does not care. bitcoin is highly illiquid and the value of it all is tiny compared to china's wealth and economy. .
i'd rather hodl cumrocket and shib, than than this shitcoin called the digital yuan.
you have literally just given the exact reason to hold. there is so much shit happening to crypto that you are far better off holding and cashing out when you are happy you have made as much as you want. never try and time the market. even if you brought btc at the peak in 2017.
i'd like to think that only 7 of the 500,000 actually chose to participate, and they got 100% feedback ...
"*fud fud*" i agree and most people here are in denial.
of course, china is home to 25% of the whole world's population and they are the second biggest economy in the world.
welcome to speculative investment!
zoom out for wisdom (tm).
people will never learn. compare the previous btc cycles. btc will go down to 32k and by mid july will be at 20k and after that south of 15k before the multi year bear market starts.
i'll bet you a bottle of macallan 18 that btc will not surpass ,420 by july 30.
pretty sure it means **f**ear **u**ncertainty **d**oubt; **fud**.
the launch of this digital yuen is to take down alipay. no one is dumb enough to use a digital currency launched by the government which is why it has been a total fail.
china would not be able to get it is own population to actually use it without "forcing them". how are they going to convince global adoption? \*big shrug\*
i am looking to spend ** don’t pm me i won’t respond.
oh do not you worry tether fud is definitely coming up next.
fear, uncertainty, doubt. basically bad news (real or fake) about crypto.
buy an asic and plug it in.
just dca, it’s more successful than trying to “time” the market.
buy some now and save some cash in case it goes lower so you can buy more at a lower price if it happens. if you wait for a better entry that never comes you'll have to buy the whole lot higher
i'd wait the weekend. this dip is not over yet.
hello! you have made the mistake of writing "ect" instead of "etc." "ect" is a common misspelling of "etc," an abbreviated form of the latin phrase "et cetera." other abbreviated forms are **etc.**, **&c.**, **&c**, and **et cet.** the latin translates as "et" to "and" + "cetera" to "the rest;" a literal translation to "and the rest" is the easiest way to remember how to use the phrase. [check out the wikipedia entry if you want to learn more.]( ^(i am a bot, and this action was performed automatically. comments with a score less than zero will be automatically removed. if i commented on your post and you do not like it, reply with "!delete" and i will remove the post, regardless of score. message me for bug reports.)
if he did they would have sold. they said multiple times that they did not sell their btc.
agreeing to implement a tax for crypto is embracing crypto. if they introduced a tax on an illegal drug it would point towards legalisation, not a ban or further criminalisation.
you may know it as "the world's factory"
fear, uncertainty, and doubt
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this. a free democratized currency (or anything else) is anathema to a communistic system.
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people will use government backed coins because they will actually be useful and accepted everywhere, people also would not have to worry about price fluctuations and it would allow for international payments to be made much easier.
i agree, but also: ***sir, this is reddit.***
the bull run is over. it's fine though, if you're at a loss now just hold until the next run. if you're lucky enough to still be in the green take your profits and wait a few months and start dcaing.
you are an idiot. seriously. don't invest what you cant afford to lose. people need to stop seeing this shit as being funny or cool.
i get paid once a month :/
beijing biden? he's already done more against china than trump did in 4 years... though admittedly trump never did much of anything, so not hard.
many of them have been moving almost completely in sync since the drop on may 12th. it was not like this before. sure, there would be times where they would all rise or fall together, but not like this. so many of the charts look the same since the 12th.
china and the central banks both are trying to get us to use their fake fiat... i will only use crypto. we need to force the govts to allows us to transact in crypto via a pos system. it's the system that everyone from starbucks to walmart uses.
markets generally do not behave that way. they're all correlated.
you guys pay fees?
i kinda want china to fuck off in every aspect of world governments. why do countries even do business with oppressive communist governments?
hey i'm sorry to bother you, but am a newbie and lurker but i do not understand what you wrote in the last sentence. could you explain that to me? (preferably in easy words hahah)
almost liked until you shill litecoin
who uses litecoin? use iota or nano which are feeless
literally everyone either uses bitcoin as their on-ramp or has used this. only slowly changing now. but thismissing btc??? wtf
probably less than a month of rocky bitcoin transaction. it only takes two weeks for the difficulty to readjust. i don’t imagine it will take much longer for people to hop back on the mining thing.
lol... one of the biggest usages of crypto is for medium rich (in the over all sense, they are still fucking super rich) to bring money out of china into a more stable currency. its hard to convert rmb into hard currency (limit of 50k usd each year), and crypto allows for people who wants to move a few millions dollars out of china relatively easily do so without much worry of breaking the law (ie no actual illegal trade other than chinese government limits). without that demand, crypto is still very much niche use, look at how tesla's move affected the network, because there just is not a lot of normal usages of crypto (of any coin) in the world. when ford, dell, whole foods, etc. etc. accepts crypto of any sort is when there will be actual demand for crypto as a useful every day currency. until then, one of the biggest drivers of crypto prices is going to be moving medium sized fortunes out of places like china. note it is not the only driver, other being speculation and it is one thing that is very apparent. other uses are far less savory.
i do not think that is fair to the chinese miners. they did not set official policy and they most likely believe in cryptocurrencies as much as the rest of us. as someone who does programming and technical operations for a living, my question is what can i do to help out?
litecoin? lol did you smoke some bad crack?
lol yeah, who would want to use bitcoin as a [p2p payment network]( amiright?
imagine the world supply of gpu’s going up too! exciting to think about.
i just woke up and read it as read-just.
what does the "china" in your reply mean exactly? the goverment or authority of china? they do not have anything to do with the fucking mining network. the chinese citizens who run mining farms in china? they will just relocate the farms to oversea and they will not leave the fucking mining network. also to be a decentralised network, it would be nice that nobody take more than 50% of the share, but keep in mind that it is also not a nice thing for a decentralised network to completely exclude someone.
ferk chyna. they are out to ruin us. blockchain is our firewall against them taking over default global fiat currency.
it will be rough at first especially if f2 pool starts dumping on us again but after that bandaid is ripped off things should be more smooth.
they are pissed because they know that their new digital yuan is trash and nobody wants that bullshit
the banks fud was last week... this is a new round of fud that came out yesterday... [ last night i was seriously wonderingwhat fud they would throw out this weekend... and here it is... it looks like this is going to be a prolonged campaign now and could go on for awhile : / and the op is right... one of the reasons they are doing this is because their digital yuan is trash and nobody is going to want that bullshit but mostly it is about the ccp keeping tight control over everything that the people there do and trying to gain more influence over the global economy anyways i have a feeling that this kind of fud is going to keep coming for a bit longer until the big boys get all of their orders filled then we will start seeing good news about tesla starting up a green mining operation or maybe even an etf approval or something like that and then we will be headed back up...
going 80% up to -40% thats what you call comprehensive pain
i'm beginning to suspect we're all just bi-polar, dopamine addicted, masochists
china is literally one fucking country. why do they get to determine the success of crypto worldwide...
oh was that dopamine? because my dopamine is fuckin broken if so, and i didn’t find it the least bit pleasurable. did you mean adrenaline?
it's tough for sure
so you're up 40% still!!! <i know>
omg where has this gif been all my life 🙌🏼
now that is what i call currency!
time to average down.
set an affordable recurring purchase of the coins you like and delete the app. thank me in two years.
always buy the new dip
lol this is exactly what happened to me
dca my friend... best strategy for dip buying
lol good way to put it!
yes i am hodling!
diamond fucking hands lads. fuck it and hodl 💎🙌
keep hodl my son! hodl!!!!!! 💥💎
that’s what i told my friends who said i’m an idiot for losing all that money. i didn’t lose shit unless i sell it, which i only would do if it completely shit the bed and has no hope of ever recovering.
taproot ~~just~~will signal~~ed~~. bitcoin is going to explode once it is announced they are getting an upgrade. everyone knows this is what happens. it's going to be a celebration. edit - slight edit oops
if you read the news articles from china, it’s actually not a big deal from china. but english news sites are exaggerating the reports and consequences of their articles, so much that it’s a twisted headline to manipulate the market. it’s old news being rebranded as a top news headline.
here i always thought i controlled the market. anything i purchase immediately has a "correction"!
i like walking in the rain. stare forwards keep head up as the droplets tickle my cheeks
this clouds will part and it would not show the sun... but the fucking moon baby!!
the people selling now must think . i do not think we are in the bear market yet b's never had their insane parabolic run. i think we are in consolidation dip and when all the whales fill their bags we will moon shot to over . i'm willing to wait and see when that happens.
that's the spirit ... fuck the peasants !!! wait, i'm a peasant ... big gov't fuck me for the greater good... wait, it is not good? can you stop fucking me?
probably not china the country, but 100% the ccp elites. what ccp party member wouldn't want a stash of highly liquid, unconfiscatable assets.
taxing unrealized gains lmao good luck with that
well, it is a good thing my portfolio has only experienced unrealized losses. will that give me tax breaks under this plan?
taxing unrealised gains is so dumb? how do you even define the value of most things before you sell. look at vitalik with shib he got billions worth of it. but he would never be able to gain so much from it. of course most people do not drop the overal price when they sell an asset but still. it are all hypotetical gains.
no one is taxing unrealized gains lmao that would destroy every market
>biden is bad for crypto, his departments are staffed with those who legitimately hate crypto you do not get a choice in the us, it does not really matter which team you vote for, because they both work for the same people. look at back at the trump admin's hatred of crypto. they're the ones who went after xmr and put in place all these kyc regulations. all the governments are against crypto except for the "opposition" who get screwed over by the current status quo. devs need to start truly decentralizing, you cannot count on government or institutional support. the institutions will come after they smell money, they are not going to help create competition for themselves before that.
if they do it to crypto they will do it for all cap gains which means a stock market crash. pelosi and the senate will not allow that to happen. they are owned by too many companies and rich folks. this is all fud ... biden barely won the election and has no mandate.
nobody will remember this mini-crash. only the poor suckers that sold for a loss. it will bounce back and people will make money.
they are no longer called cages ... they are now called migrant children overflow facilities. orange man bad, old man good
what war has he started? cause last time i checked he has not started any and he is trying to wind down us troops in afghanistan. pay attention you damn shill and quit parroting bullshit
you might be joking but the us is planning to do the exact same thing.
...the "programmable" digital yuan comes with an adjustable expiration date which could - at the flip of a switch - encourage spending during economic downturns, or enable regulators to instantly turn off the e-wallet of anyone who runs afoul of beijing.
all cbdc's is centralization and manipulations. hence why all govs fear bitcoin
in general i agree with you. but the economist in me loves the idea that a gov could use blockchain and smart contracts to stimulate the economy. for example, imagine if the us stimulus cheques were given parameters around what it could be used for and an expiration date. like if they were specifically to be used to pay bills, groceries, rent etc. and had to be used within 3 months. instead you end up with a situation where the people who do not actually need the money just save or invest it, without having the desired (or full) impact the stimulus was intended to have.
if you think we do not have a social credit system in the us then you're very much mistaken. it's called your credit score. we boogieman china too much. the us is just as bad. they are both bad. let's not pretend a digital usd would be any different.
western news site overexaggerate everytime there is something going on in china. no, china does not have a social credit system, not the way people heard of it. western news sites overexaggerate every time there is something going on in china. [ you're not a huge fan of large tyrannical governments, but most countries wouldn't exist without them. the only "good" governments are literally ones that do not do absolutely anything at all and you never ever hear of them. try moving to island nations to get what i mean.
but here we are in the usa saying give us vaccine passports and more government control
it sounds like an anti-cryptocurrency. in guessing it also is highly centralized and is fully transparent with who owns what and is like 95% pre-mined by oligarchs?
it is still trial, there is no goal in trial to thisplace us dollar, most chinese cannot use yet, only few eligible trial lol article is so early and misunderstanding, after 15 year we can say fail or not fail
peak bull run mania tinged with the first hints of despair at the coming bull run = absolutely anything that seems pro-crypto anti-fiat gets upvoted.
its the same propaganda that started with gme, then doge, now amc and here just paranoid delusions to convince people to pump things so those creating the memes can dump
they would be fucking with a lot of farmers and grandmas and asians knows you should not fuck with those two groups. source: i'm east asian.
haha no way did they lift the ban again? just like with sars. they just do not learn huh.
yeah mate hahaha my mother was asking about crypto the other day, had flashbacks - "it is not a phase mum!!"
china has banned crypto 8495x in the time i’ve been in crypto... and that’s 3 days
> asshoe you invented my next daily cuss word!
i heard that in the protest 🤣🤣
china took the l
their leader pooh ![gif](giphy5sytvdyioqjji)
an ass hoe you say?
bro this is reddit. no one reads articles here.
social credits have been attributed to you for a positive comment about china. thank you. in case you wish to receive a higher amount, post a positive comment about our glorious ccp.
love the people, hate ccp
where do you think the stuff sold on amazon or walmart comes from?
i buy a tonne from aliexpress, it is pretty much chinese amazon, i've had a few shit products but they always side with buyer and refund
is alibaba really that bad? i heard they beat amazon.
i tried to buy a roof top tent from them the tent was 700 shipping was bought the same model from a us retailer at
if you ever want to grow your own weed and in the market for a grow light, i would highly recommend checking out alibaba.
the ccp, not the whole country
remember when a single coal mine in china flooded and bitcoin mining hash dropped 35%?
oh there was a lot more in play with that then we will ever know.
so the world is actually working on ways to leave china in general to manufacturing to possibly btc mining. as they are really trying to pick fights with rest of the world. as we move away from china things will improve. just going to take time and a lotta money.
china "says" they are banning crypto. could be they are lying. could be they are scaring people to sell. they are also pushing their own digital currency.
i mean they are like the neighbors that get drunk in the front yard and brawl and have the police constantly called over.
i’m thinking some might start stacking eth as well
far away as possible
yes, yes we all do. pouring one out for all of the broke homies.
you'd be thanking yourself sooner than you think.
i bought 2 times when it went below 50k and now i’m out of fiat to buy unless i invest my savings. i’ll just hodl for long now. already had plans to hodl for at least 3 years.
yep. it’s okay to believe in crypto. i definitely do. but we know the cycle would end eventually. it will be back though.
i swear. i've been crypto shopping for hours
tether is a super real problem that the crypto community needs to tackle.
there was already a capital gains tax on crypto. this is the treasury dept going after decentralized exchanges. go read any comment from yellen about crypto. it's pretty clear that she hates crypto with a burning passion.
i was just talking about this earlier and find this very odd. like, they are all nearly identical.
enlighten some of us less enlightened
cheap labor and the fact that they have an 18.5% global gdp share, you can’t really just ignore them.
money to be made. quarterly mentality.
lol cringe. why does the world do business with the global economic powerhouse? i wonder.
because capitalism exploits the poor for the gain of a few.
you make it sound like an easy chore. not saying your opinion is wrong in any way...if it would be that black & white you'd be surprised of the affect of china closing down suddenly, world has changed to be pretty dependent of china because price & capitalism of the world. over the recent decades china's economy has been pumped by their ambition to be the largest superpower by economy growth etc. and suddenly if the plug would be removed from the wall it would probably be pretty chaotic all over the world, think about a tanker blocking canal for few weeks and then again think china being banned suddenly. corporations & countries have realised how dependent they are of china. iirc some rare earths was it? only china currently has any decent production of, australia one of the countries to begin to produce it but it takes time to get shit up & running. similarly countries want to move other production away from china to not be so dependent of china but it is not some one month task. even though if majority of the world would want more actions, the world probably is not ready for that.
because we owe them so much money we are there bitch
capitalism is a good friend of oppression, my friend.
they are not even communist at this point. quickly becoming fascist
oppressive capitalist regimes are better? neither of them act in the best interest of their citizens 🤷‍♂️
why? look at couple of items around your home and check the tags on your clothing. china is a well established manufacturer, businesses need efficiency and not amature production.
this is a very complex topic, but china invests billions and billions a year around the globe. they come into a country, dangle a new soccer stadium or a new highway (built with chinese labor), and entrench themselves in the economy and politics of the country. resource extraction is their big thing. also they require countries to stop trading with taiwan and hopefully break off diplomatic relations.
labor (and vastly undervalued currency) used to be the reason -- but these days automation has progressed to a point where labor is a much smaller % of the cost of business than it used to be and you can deploy automation equipment anywhere electricity is cheap. china's labor costs have also gone up, they are no longer the cheapest pool of exploitable labor and that makes their future transition to a diversified consumer, post-industrial economy inevitable. arguably they are already there. they've just reached it without any of the democratic reforms nixon and kissinger (might have?) had in mind when they first re-engaged the west with mao. in plain terms, countries engage with china now because china wants to import their resources and bring them into their economic sphere of influence. less so the developed world, more so developing countries looking for a big trading partner and for whatever reason are not doing well with the west.
money. that's also why muslim countries do not care about their brothers being locked up
because you need cheap crap to throw in the garbage bin next year, to buy the next cheap crap that gets produced, so world economy goes brrr.
as you probably typed this on an iphone
i just want them completely glassed off the face of the earth. they do not deserve to breathe the same air as us when they torture and kill animals.
because china is not as bad as you think they are. they have lifted millions of people have been lifted out of poverty, leads the world in the fight against climate change, and protects smaller countries from being further exploited by the us.
slave labor and zero environmental laws
bitcoin transaction fees are consistently high. if you transfer bitcoin out of, for example, binance to your own wallet, it will cost you upwards of -30. if you transfer litecoin, it is both faster and roughly about 30c.
a lot of people use ltc, to be honest i do. it’s a quick and overall good crypto
bitcoin is lowkey a shitty coin, lot of hype around it and i think legitimate value but as far as utility, it is kinda bad.
there's been a group that constantly fuds btc on crypto subreddits. call it a conspiracy i assume same group that initiated the wyckoff play is paying users to spread fud about btc. for sure they have connections to the western media but now 2017 chinese crypto ban "reiteration" resurfaces at this perfect moment tells me they might be big enough to have pull in the chinese media as well. you could not buy but for sure do not sell unless you are in too deep and need it to pay rent. when opportunity comes knocking someone else will take over the mining. the chinese miners might go offshore to do it anyway. they can come down on crypto while the rest of the world adopts but they will get left behind, something china will not let happen.
i like the coin but hate the subreddit.
the driver in china this run was due to the prc signalling that crypto is a legitimate alternative investment against normal market forces. they have now signalled the opposite. the capital flight concern was more of a 2017 issue.
start learning smart contract programming. it is a new paradigm and it is here to stay. whether it is 2 or 5 or 10 years, just like anything else in programming, upskilling is important. this is your opportunity to be ahead of the curve. also it is fucking exciting. check out eattheblocks on youtube - he is a smart contract developer.
i think you are 100% right that this is a targeted attack and that we are nowhere near the end. thanks for the link bro. you're a legend for your answer
gotta diversify your losses.
thank god im a masochist ![gif](emoteemo_pack_1dancing_wojak)
goin to sum that up more simply as degenerate risk addicts.
they have the power because a lot of mining businesses are in china. last i checked, china mines roughly 50% of all bitcoins. there was an article on forbes, i think, that covered this. i will post it if i find it. edit:
it's a massive fucking country to be fair with 1's population and they make up almost all of the exports in the world so they are kind of a big deal.
and elon is just one man!
dopamine if you're shorting it lol
gotta rest your adrenaline glands to get the dopamine back. fungi is the answer.
the dip within the dip. dipception
you mean that dipety dip dip after the dip?
i finally bought into eth for the first time after i thought it had finished dipping. nope.
you want to wait for the pre-dip to pass then the dip-dip and then buy the post-dip.
no one (who has not invested money he can afford to lose!!!) would have ever sold bitcoin at any other point in history pre-2021 if he had known the future heights. and there are, to me, clear accumulating indications that 2024 will favor any price in this \*whole run\*. just put it in proportions, it is insane. this is practically the best asset class if we're talking 5 years gaps. and it will only keep getting more and more scarce just as it goes \*every day\*, people do not understand the proportions in my humble opinion.
what do you mean? according to there are not enough blocks that have signaled it.
what's the bitcoin update going to be about?
i'm really starting to believe "the apes" who keep saying it is hedges desperate for liquidity so they are using crypto pumping and dumping to put off dealing with the shorting issues that could leave them broke.
china has actually never banned crypto. it's all been fud
english. those assholes stopped doing news 20 years ago and have been nothing but fud masters since.
cnbc’s typical modus operandi...
not sure who is less reliable, western corporate media or chinese state run propaganda. two sized of the same coin really... ‘if you don’t read the news you’re uninformed, if you do you’re misinformed’ -paris hilton
just assume every story about china is run this way tbh
something deep down inside of me tells me that we are screwed and they are just trying to dump in the most efficient way possible. imagine if you were trying to dump your bags after you just pumped them in a couple of months, you'd do it all of a sudden, then wait for the rebound and continue. this is exactly how it is been ever since 3800 when i sold. i'm not an expert but i actually predicted the wyckoff, in fact i would create my own model after what i've observed myself being a victim to it since 2014. the parabolic alt run has already happened, many coins are up 10-100x, i've made life changing money... either way i only took out about 30% at 3800-4000 and i'm riding this out not putting a dime in or taking a dime out, i've been extremely happy with my decision and i hope i'm not wrong like usual haha.;)
what? eth was ...
china's parliament has about 100 billionaires. so yeah, ccp elites.
>unconfiscatable assets don't tell me, its only sizeable if the user makes a mistake, such as writing down a copy of their seed phrase, or not making a copy of their seed phrase so they forget it, or ever relying on a software wallet, or a hardware wallet
wtf? this is bs. good luck my fellow americans.
that is not on. is she out of her goddamn mind??
well based on what i’m seeing then i say we post. a fud story online about another false china story and crypto they say before tax day, let it drop, have an unrealized capital loss, file, get money back. i’m hoping he lives a long life but let’s be real, he and yellen are so old, they won’t be around to see crypto in action so to me it smells of being ordered to find ways to steal since fed didn’t buy in years ago. if smart they would give tax breaks for mining and running nodes.
that is a beautiful idea! after all, if they want to tax unrealized gains, then it’s only fair to give a tax break for unrealized losses. but somehow, i don’t think they’ll do that.
> taxing unrealised gains is so dumb? taxing unrealized gains, in this congress? they can barely agree about the names of post offices anymore. who in their right mind thinks the usa government is capable of raising these taxes in the next 2 years while they have a deadlocked government that cannot even raise the minimum wage? i know this is not a political subreddit but also if anyone thinks the usa government can pass this kind of a tax increase within this congress you can send me all your bitcoins and i will send you double back. trust me.
i am prince with 10,000 bitcoins locked in a wallet. i'll give you 9000 if you wire me the money to pay the unrealized capital gain taxes on my btc.
100% agree. just think about people who collect stuff - baseball cards, art, or even toys. is the gov't going to be like... hey you know that painting on the wall? well if you sold it today, it would be 10x worth what you paid. taxes bitch! this makes absolute no fucking sense. i "get" why they are doing it. people who are really rich do have cash, but a lot of their "wealth" is tied up in investments, stocks, bonds, etc. how do you tax those investments when they are sitting on them for years? it's part of the general idea that there should be some kind of tax on the rich, but it is ill thought out .
in ireland we’re taxed on unrealized gains on etf’s every 8 years because our government hates us lol
how would it even work? if you're taxing unrealized gains on something as volatile as crypto, do you take the peak? if you do and it crashes 40%, how does the person paying tax come up with the money? what about mutual funds and similar programs? there are much better ways for the us to ensure the wealthy are paying their taxes. audit the super wealthy, close offshore loopholes, and make fines a % of a person's wealth and not a static number so that betsy devos and her ilk have a penalty that actually hurts. taxing unrealized gains will thisproportionately hit the retail investor.
biden is a very weak noodle for sure. even with democrats. as long as we keep raiding the nursing home for leadership america will continue to flop around like a fish on dry land.
that’s why it won’t happen. maybe they should accept campaign donations in crypto...? then the road would be cleared.
> pelosi and the senate will not allow that to happen. they are owned by too many companies and rich folks. you know, preventing another depression is generally in the interest of everyone, right? if anything, they’re good for the wealthy because they get to buy up expensive assets for pennies on the dollar and get filthy rich off of them years down the line (just pay your taxes on those unrealized gains tho, fucking lol).
i was with you until biden barely won the election.
i'd say winning the popular vote by 7,059,547 is a little better than "barely winning." but agreed that nobody had these types of regs in mind. there would be no broad support from either voting base.
he is only 4 years older ? what the shit, did you think the orange tan made him 50 or something ?
of course i'm joking, obviously it will be 1000000s and 1000000s of trillions of coins pumped xd
so it is definitionally worthless?
first they ignore you then they laugh at you then they fight you <---- we are here then you win.
that’s basically replacing the free market with a partially planned economy. planned economies are inefficient. if you give someone , that only means you are giving them . since nobody seems to have gone through 1990s europe in this:
there are a lot of reasons why cash transfers provide more effective help than limited coupons. the advantage of markets is flexibility; people know best what is needed in their own lives. putting restrictions on it might make the program more efficient for something like boosting gdp, but it would make it less efficient for alleviating the effects of financial hardship.
the digital dollar can fuck right off all the same. show me a government that ever gave back people their rights or freedoms they took away...still waiting on the patriot act to get rescinded.
just a fair bit of warning, skimming this users post history is a bit red flag raising, with how hard they defend every atrocity china commits. i’m not saying they’re expressly wrong, i don’t know myself, but treat it like you would someone who runs into .
okay sure but fuck china in particular and their state sponsored genocide.
i believe it! it was only banned for a very short term if im remembering correctly.
social credits to the moon!
i love ccp and china. thank you for the credits.
damn you got downvoted? either some racist asshat or a ccp shill. good for you. love chinese people, hate the ccp. this is the way.
depends what you're buying. i used to refurbish gameboys with cases bought from chinese suppliers. bought a few bits from there. never had a problem till recently. they're a bit more reluctant to sell the blatant copyright stuff, which is fair enough.
i believe baba is currently extremely undervalued, not only because of fears, but for the exact reasons of those comments above. a lot of us investors are diabolising china (mainly due to us propaganda against china, but it is in both directions of course, since they compete for the role of world leader). this diabolisation make people stay far from chinese stock, probably more than they should (the fear is overweighted) but one day the economic reality will catch up and those undervalued stocks will skyrocket in my opinion
lol there are million sellers there selling you mike shoes that look just like nike and cost 1. of course, they will beat amazon when the government turns a blind eye to all sorts of scammers and fake items being sold there.
my brother bought expensive shoes from there and did not get his money back. it depends on what you buy, since some sellers may not be reputable.
>is alibaba really that bad? i heard they beat amazon. at selling chinese toxic goods? yes they are the best place to buy exploding electronics and clothes made out of industrial waste. china has not changed, still scamming.
small items or kids toys are great. not officially licensed but good quality. super cheap
the retailer probably bought 1000 tents for 700,000, and the shipping cost them about the same in total. if you dig into the products on these sites you can almost always find identitcal products in your homecountry that are a bit more expensive, but buying from ali has huge shippimg costs per delivery, rather than item, so unless you need hundreds or thousands of something, you may aswell buy locally.
i think its probably preferred by the people in china, if thats how it works.
that same scam is (or was?) common on amazon. products are ranked by price before shipping, so it was common for products to be unreasonably cheap with ridiculous shipping costs. it occurs to me that i have not seen this in a while. maybe they finally fixed it.
if you want to start a fire in your house
true. i recognize that thistinction.
but nothing happened to price really. because it’s still decentralised. there are a tonne of nodes out there nowadays and they’re well thistributed.
china is here to stay for the foreseeable future, the anti-china stance in us politics is just that, politics. at the end of the day, companies choose china, not the us government. no us factory can manufacture anything near the prices china can offer. the tariffs started by trump just ended up hurting the bottom line of us companies, so tariffs are not a healthy solution. what we need is other developing regions to catch up to china. if africa catches up, they’ll offer better prices and less communism. but that will take at least 20 years imo.
ah yes, nothing says "first-rate stand-up money handlers" like a front office in the caymans.
yeah exactly. there's some strong confirmation bias amongst crypto people.
i did not say it was not. i do not really know much about it. i've remember the fud from a few years ago and the whole offshore banking debacle but i'm not really up to date, other than the us is investigating. from what i understand they weren't actually 1:1 with usd but assets in equity with the equivalent value of usd. which if most of it is crypto could be a huge problem. but like i said i do not know
strategic competition act, literally just for a start… turn off fox news buddy, or have you moved onto newsmax?
i mentioned this to my husband last night. we have a diverse portfolio, but most of our coins had the exact same 24 hour graph.
there are a few feeless coins out there. the 🍌 is a reference to banano a meme offshoot of nano. nano is something you should look into, it has a long history on reddit. another one is iota. it has a history on r. there are many who hate it. both have questionable claims to decentralization and scaling. [edit for information provided about nano's decentralization and ~scaling~]( i hold both, along with 10ish other alts. edit: 69 votes to the good - nice.
opening the floodgates to the shills
nano is feeless. there’s also a meme fork of it 🍌 that’s apparently banned from mentioning. 🤷🏽‍♂️
oh have you no heard?
i am an american. i worked there their engineers are paid around .
because cheap *skilled* labor. you can pay them less to do the same or better at a task than an american will. 🤷
because the whole world is enslaved in different ways
"under capitalism, man exploits man. under socialism, it is the other way around."
not true. china only has a trillion, which is less than japan does.
they literally just want to keep manufacturing and making deals through belt and road. they do not bully other countries militarily or try to control them economically. this economic cold war is stupid, all the west has to do is invest in itself and compete.
yes some of my clothes are made in china but every item of clothing i own is from a thrift store. i have not bought fast fashion directly in like 5 years. even the clothes i do have from the thrift store manufactured in china is not the greatest and i prefer my other clothes made elsewhere. i have many vintage clothing items made in the us. i also get all my home decor from thrift stores.
i dont. i prefer not to buy cheap crap from there.
ew i would never own an iphone. i have a samsung thank you
well, if you don’t count the 40m+ who died under the great leap forward plan and their reliance on coal for electricity production, perhaps.
riiiggght. what about uighurs? their own citizens forced into sweat shops? all the people who died from covid even tho the government said only 4000 people died?
which is why no one should do business with them
so if i have ethereum, can i convert it into a feeless currency for free?
i know i think that as well. idk why it has such a huge market cap when other alts outcompete it in pretty much every way. especially eth and to a lesser extent ada
your not wrong about that. but if you think in another way, it is a good store of value like physical gold. you do not go to a 7-11 and pay using a gold coin ya?
that happened to me yesterday i realized i had overextended myself and sold off 70 bucks. but at least it was at around 40k so i did not make money but i did not sell for a total loss.i still hold about 1100 or something well once it goes back up rn i'm around 900 but it will rebound idk when but it will.
ye love litecoin. out of interest why do not you like the sub?
i mean, i am talking about the fundamental reason for any currency. the ability to exchange goods. right now, its being a speculation vehicle and really that is it. and as a result, it can be used to do things like chinese capital flight. you cannot buy a house with crypto, but you can use crypto to convert to usd. to buy that house, but it means that if you can do this without the involvement of crypto it would be easier. ie if you were an american moving to europe without currency control. until people actually accept crypto as full payment, and intending to hold on to it to exchange for other goods , crypto is going to suffer from these kinds of bullshit news. and the whole tesla stunt did not help. while its actual usage today are mostly about circumventing government control. be it based on capital control or drugs or what not. and i am going to say that compared to the other uses, chinese people moving money out is likely a large portion of the usages of crypto outside of speculation .
yea i just noticed that my comment must have been so good that people are copy pasting it as their own post now!!
should have bought gme
that's bad... very bad. other countries need to step up. seriously... china has way too much power. been saying this for a while. name something china does not own or dominate the supply of besides oil?
read an article 3 weeks ago where they estimated it was know 75% , with 4 major players holding 95% of that, some of these mining farms use more power than some small towns, and have been blamed for the recent coal mining accidents, they also mentioned there is a 3year deal with the farms, which has just passed the 2years of that, so maybe the central govt has decided to pull the plug sooner than later.would be interesting if taiwan decided to offer incentives to bitcoin miners
oh fuck, dipception, yes, oh baby... ill start a whitehouse.gov petition to get your new word installed into the history books of our glorious language.
i put in another , then saw it go to . most of my money is in smaller coins anyways but damnit i want 1 eth before it’s !
so youre sayin when you dip i dip
not this go around, but every single miner group has announced that they plan to upgrade. btc.com is planning to signal, this is what the excitement is based on. they did signal at first and then stopped, which is a sign that they need a little bit more time to fine tune their operation, hopefully they did not have trouble with the update.
etfs will be huge for bitcoin.
increased efficiency with cryptographic signatures schnorr mostly regarding multisig wallets, there is a mast implementation where they can do smart contracts better and with more privacy, p2sh will help with the lightning network load, and most importantly of all, taproot is what binds all these fun tricks together, where complex smart contracts with dozens of conditions will take up as much space on the ledger as a normal transaction. with lightning networks you can settle thousands of transactions in the space where people move wallet to wallet now. kinda simplified the article is way smarter :)
after seeing doge go up to 70 cents, nothing would surprise me anymore. hedge funds pumping and dumping crypto is one of the more believable things i’ve heard lately.
bro an unknown cripto jumped from under 1 if that shit aint an institutional pump and dump for you i don’t know what to tell ya. crypto dump came days before liquidity test too there is a lot of fuckery around
i really, really have started to believe the ape’s theories. everything happening keeps playing into the theories being echoed in their subs. regardless, the crypto markets are definitely screaming institutional manipulation. if the apes are right, shit should blow up in the institutions faces soon. one can hope. crypto will make it through, i have more faith in crypto than i do in myself lmao
i keep saying this exact thing but people keep clowning on it like it can’t possibly be true. crypto is a playground to this type of big money interests
yup i have no doubt they are scooping up a lot on these volatility swings ... they need it, hedgies r fuk xd
not really sure about that, usually hedges play really safe. it would be just a few hedges doing such a thing if they are that desperate
china has restricted institutions from being custodians of crypto. the usa is considering an implementation of the same policy. that limits crypto to the retail sector. with china eventually releasing the digital juan, it would not have any reason to support other cryptos. the usa is also developing a digital dollar, but just for testing at this point. the usa has made several strategic moves against crypto lately. people are in spin mode.
never thought i would see a relevant paris hilton quote in 2021
the american people are the most propagandized people on earth. i'd also like to inform you that the us corporate media is state-run.
the big public names did not buy in real low this time however. they're all in the mid
most the teenagers on reddit don’t know how government works lol. they think joe biden makes royal decrees as king.
this right here folks lol
no, no, no! send all your coins to me i’m elon musk i promise haha remember me on snl.
still. the damage will be done even if there is plans from the government, one small fud and price of btc swings wildly. unfortunately the market's reactions to news rather than what will actually happen is getting out of hand. even if the usa government does not actually pass it, any sort of plans to do so announced to the msm is enough to tank the price and hamper recovery.
double you say? so whats that bicoin address, yo?
>when we first wrote about the one-percenters – the wealthiest of the wealthy – their average annual income in 1992 was ,800. by 2017, it had risen to .57 million, an increase of 238 percent. and that was just the average for those at the top. that year, a record number of individuals and families—20,223—reported income of . >inequality begets inequality. look at the 2017 trump tax bill. after decades of tax cuts favoring the rich, along came the tax cuts and jobs act that gave them more. those earning ,428 a year. middle class taxpayers earning ,000 to ,000 got . overall, as we calculate, the top 1 percent as a class will receive half a trillion dollars in extra pocket money over the next decade. interview:
only if you offer me a bridge, a literal bridge, for collateral.
the only bipartisan issues i've ever seen us politicians unite over were starting wars and screwing poor people into the ground. congress should be dead locked for years but never count out their hatred for things that a. help poor people and b. they can not understand let alone control. if anything has a chance of passing it would be the "screw specifically poor people investing in crypto act"
i need to be wired first to give this prince his bitcoins so i can get bitcoins to give you back. please give me 15,000 bitcoins so can give half of bitcoins from his reward.
general wealth tax on those with over 500 million would be fine with me. at some point the accumulation becomes obscene and bad for society.
read that in a jesse pinkman voice, you’ve earned this updoot.
i still love you though ♥️![gif](emotemoon_emotemoon)
how about taxing all the non-profit organizations that are ran like a for profit business. plenty of low hanging fruit there.
> if you're taxing unrealized gains on something as volatile as crypto, do you take the peak? no, you take the value at the end of the fiscal year.
cuomo: i gotchu fam.
people only think biden barely won the election because they clocked out like 30 minutes after the polls closed and exit polling predictions released. no one ever looks at the full counted results, apparently.
and 95% of freedomcoin will be given freely to a handful of billionaires.
now is the time to dig in and hold the line. i plan to buy more btc & eth to “stick it to the man”. rise up ! there is strength in numbers & we’re scaring the hell out of them imho.
> planned economies are inefficient. maximum efficiency is when we make two of everything because one guy would not sell his.
he's right though. even this news about china is orchestrated fud by western corporate media. they have their government we have our billionaires who owns 90% of the news we get.
sinoshills gotta shill my dude
unlike the average american nationalist, i'm actually very critical of the chinese government but i'm not gonna buy into every "atrocity" narrative pushed on them. the "uyghur genocide" is my favorite topic to thiscuss because unlike 99% of you guys who just swallow stuff without ever checking, i actually do research. it was at some point that it was clear western news has an agenda to fulfill, using dubious research for their claims. so there is a huge load of stuff i can complain about china. don't assume stuff about me because i have to constantly defend china from stupid accusations.s. do you think i like their crypto shenanigans? of course not. do you think i like their censorship? i know why they censor stuff and it was due to the 2009 terrorist attacks and facebook refused to cooperate, but even then i would prefer if the ccp did not have a firewall since they have their own social media now and they do not need it anymore. (you could argue they needed one to protect local businesses but that is about it) so there are a huge load of stuff i can complain about china. don't assume stuff about me because i have to constantly defend china from stupid accusations. a lot of it is just pure sinophobia. i do not play that game.
there's no genocide. the uyghur genocide is probably the most misunderstood story about china on reddit and elsewhere and it is no surprise that it is being pushed by a far-right fundamentalist. (and that reddit libs are buying it whole sale, lib redditors are the reason why i stopped being a lib, turns out everytime i was signalling about an issue, i was being a sjw who just repeated what everyone else said without looking into the issue myself) no one who claims that china is doing genocide can even explain the most basic facts about xinjiang. it's a geopolitical conflict that is just too big brain for most of you. i can actually explain what's going on there based on my long 1 year research of the topic. repression, injustice, (from all sides), sure, but no genocide.
i'm addicted to this song lol. china is asshoe
rocket emojis rocket emojis rocket emojis rocket emojis rocket emojis rocket emojis rocket emojis rocket emojis rocket emojis rocket emojis rocket emojis rocket emojis rocket emojis rocket emojis rocket emojis
social credits have been attributed to you for a positive comment about the ccp. thank you. in case you wish to receive a higher amount, post a positive comment about winnie the pooh.
where do you buy chinese stocks?
not just that. the forced liquidation of archegos capital meant his holdings were sold way below fair value. similar to march of last year, big blocks were dumped into the open market as whatever price the buyers bid. since he held a lot of chinese stocks, many of them trade below their fair value given fundamentals.
it's funny because they try to regulate goods for their own citizens. they investigated pdd (chinese company) for selling counterfeit goods.
returns are nonexistent and its a crapshoot who they will side with
>but nothing happened to price really how much hashpower can bitcoin lose without losing any value? 40%? 50%? if bitcoin can keep nearly all of its current value with half the resources spent on it, why are we wasting so much resources on pow? > because it’s still decentralised it became more decentralized when those chinese miners went offline, although more vulnerable to a 51% attack from a new miner, which is an increasingly small part of the risk vs miner collusion. >there are a tonne of nodes out there nowadays and they’re well thistributed. most nodes are miners.
the sooner the better.
lol okay. that’s not even law, chief. it’s just a bill proposed by congress. it has nothing to do with bumblin’ biden. turn off your tds comrade.
i do not know in which sense nano has a questionable claim for scaling or decentralisation? iota is afaik pretty centralised, but nano? please explain
hood large bags of iota and nano but iota is exciting, it could well solve the crypto trilemma
this. the project that supports day-to-day transactions in the future should be feeless. think about it, if you could achieve security with zero fees, why wouldn't you want that to power your daily transactions. i'm not claiming that some project has achieved this as of date, but any project that tries to do this should not be taken lightly. i hold nano in my portfolio, and i'm in it for the long term.
mind dropping that list of 10? also nano isn’t supported on coinbase, where do you buy from? also also dope username
lol i remember when the only exchange that had nano and he the owner stole everyone's btc.
wow, careful mentioning *b a n ān o* on here
and then there are people who are...you know...not.
a month or a year. from my understanding it is a year
if only the end quality did not suck
i do not think you're implying this but, for the average person, i feel like this have the wrong idea. this has more to do with standard of living than american work ethic. this notion that americans do not or would not work hard is ridiculous. its more so a wrecked labor market and destruction of the mfg.
right, but japan is an occupied puppet state, whereas china has a billion people for the meat grinder.
i knew that was coming that’s what i get for using my microphone
the west needs to invest in the 3rd world before china can steal their resources imo. africa is gonna be a hotspot for resource wars and proxy wars in the coming decades if the west does not invest smart
i agree, but impossible. the west has too many law that prevent the refining and.
i support this way, less new and 2nd hand is the way to go for the environment. but business would like new items, cheap and relatively reliable... so china is their choice.
which makes most of their components in china.
yes, beecause that was completely intentional and not just due to poor planning, a poor country being poor, or inability to adapt to the growing times. people like you love using these statistics not because you care about human lives but because they are easy political talking points. shameless.
i don’t thisagree but the world as a whole don’t give a shot about each other. they would rather furiously tweet about social injustice from their slave labor made smart phone, while dressed in clothes sewn by child labor.
it has the advantage of being the pioneer of the industry
btc dominance is only increasing. maybe ethereum will survive, all other will drown.
yeah that is its main use in my eyes.
physical gold is not used because of logistical reasons. it's heavy, super malleable (meaning fragile), higher value even in very small amounts than many purchases you'd care to make, easily stolen. [there's no reason btc could not be both.]( if you were to adjust for hard drive space costs compared to when satoshi set the limit i talked about in that post, we'd have ~3.66 mb blocks. there's a reason bch had more transactions than btc for months with sub-cent fees. they chose to scale, and btc is being gimped. the digital gold argument is what btc pivoted to when the dev team failed to scale in any meaningful way.
good to be safe than sorry. my chinese friends can find nothing on weibo about the mining ban and nobody has posted sources. i'm starting to think a ton of people got got.
i got a permanent ban for asking for a legit thiscussion of the comparison of ltc fees to the 0 fees on nano. apparently the litecoin sub hates nano and talking about it is like mentioning voldermort.
your famous bro. once they start to imitate you, you've made the big time :) nah, but seriously, t'was a really good answer :)
i wish, i was a sucker and bought 40 and now there is a green number in rb and i do not know what to do.
too close to home... what ever happened to 694.20
it just has to do with the cheap price of electricity.
it is, but its not the fault of china. people picked china because they offered cheaper electric rates and incentives. while countries were banning or creating barriers for local miners, china was inviting people to open mining business. people will always go for profit and profit maximization is one of they key goal of every business.
dairy. but as the person below noted, it’s not china’s fault. if we look beyond crypto, its the fault of us for wanting all our products to be as cheap as possible and the fault of our western companies for doing anything to achieve that.
weapons, media, and food. three things the us excels at.
dude, china is not a monolith and this is not some big conspiracy. normally, there is a daily rate limit for how many rmb you can exchange into another currency (at a bank), and mining circumvents currency controls. individual people set up mining businesses where they can easily buy cheap power, paying for power with rmb. some of them hold their bitcoins, and some sell their bitcoins for other currencies. the government does not like it when people circumvent their control mechanisms and will try to tamp down mining in china. their interest is not about the future of bitcoin. it's how to prevent their citizens from circumventing their laws using bitcoin. there's a difference.
capitalism wants that 40% off. they choose china for the thiscount labor and electricity. and they dont give a fuck about human rights, the environment or regulations.
as if you didn’t know how crypto is volatile when you decided to invest. do you realize the us uses usd as a weapon against other economies? that’s the real threat and what is driving china to create a way to avoid depending on the usd, so yeah, china and other countries are just reacting. good point about oil, and guess who is constantly invading countries after their oil using bs excuses and killing civilians as collateral damage. that’s the country that is doing everything they can to stop china just for the sake of staying as the sole power of the world. that article is so evidently biased and superficial. china creating a digital currency is a “threat” to the west and we are all doomed, if us does it, it’s a blessing to the world. keep in mind that almost every central bank in the world is looking into creating a digital currency right now, but only the chinese one is bad. cut the bs please.
coal- china is fucking desperate for the shit, and get it all from australia and india. as aus gets dicked over by china more and more, the relationship has been wearing thing- though australia plans to move to renewables, which means china will probably get that coal at a thiscount in the next decade or so.
yes, china is planning on phasing out the mining industry. i think, they are priming the industry in china to only limit mining and make china coin somehow the dominant currency. my guess is that china will peg its coin to btc and because of this reason i have a feeling that the government owns a good chunk of btc. taiwan is good contender for sure. people could also move their mining business to other countries. i hear pakistan is looking into opening btc mining farms. so is iran. europe is also a good place to start due to renewable energy sources present...
double dips are for fools. trip dips is where it’s at.
> when you dip i dip we dip
*hodling intensifies* am i doing it right?
reminds me of the arnold schwarzenegger motivation video,someone told me about. if you do not have enough time, sleep faster. hodl longer and more than possible.
sorry, can you eli5 this whole taproot thing? tia
i feel like no one is talking about it. even the people i follow on youtube barely mention it.
what coin is that?
the over head on pumping and dumping that much wouldnt make it worth the pump i dont think. but yea somebody would lose alot of money.
!remindme 10 days ago
personally, i do not understand where they think . i feel that it is not just happening, it is obviously happening.
the amount of money they lost it doesnt even matter how they get it back but they will in any way they can
they literally doubled down shorts on gme & amc without considering what happened back in january. they definetly do not play it safe and underestimate the power of retail investors.
i think they are that desperate
who in the hell said hedges play it safe? maybe at one point the term ‘hedge’ implied a hedge against risk, but those days are mostly long, long gone
hedges play it safe? i don’t know about that...naked shorting is not safe
they abolutely pumping and dumping they dont have anyothrer choice in order to stay affloat rn.
i dunno man i'm starting to think that woman was smarter than a lot of people gave her credit for.
she really hit her stride when she left cnn to join the global times
"is that my phone?" definitely still relevant
i think everyone got blinded by the hype and forgot that there are prehistoric whales. it’s absolutely shocking how a group of whales can dump 50% of the market (close to a trillion dollars) in one day off the market. it’s honestly scary and something is off about this, just how it felt off when eth went from 2000 to 4500 even though eth 2.0 isn’t coming until 2022 and gas fees are 50-100 bucks. i hate to say this but i feel like majority of crypto is finding a use for crypto, instead of using crypto to actually solve solutions. i’m extremely thisappointed by how slow eth is developing, people can’t keep paying 100 dollar fees for the next year+ it’s mind blowing.
well, your username sounds like something elon would say. also *i'm elon musk* and *remember me on snl* is also something he would say on an anonymous account. hi elon.
this is technically rumours. buy the rumours, sell the news. this is all good opportunities to buy.
1 nft for a bridge coming right up
give you 15,000 to get 4,500 back. deal, i can then claim 10,500 unrealised losses on my tax return. thanks for looking out for me.
it's so hard to decide what is "right." like, it seems like a no-brainer to put a hefty inheritance tax on large estates, but one of the effects of that is to force successful family run businesses to either turn into or be sold to large soulless corporations.
we do not need more taxes, we need to spend it better.
there aren’t enough -5 trillions. maybe one year if you confiscate everything they have. just jealous ramblings cloaked as social justice.
i agree 100%. throw churches in there as well.
then the government is not actually taxing a person's unrealized gains over the year. they're taxing hypothetical gains on a specific date, and the same issues exist because many would need to liquidate to pay such a tax while others will end up paying tax on an asset that will drop before their taxes are due. in both cases, the individuals get screwed, and markets would take a big hit in the former if numerous gains need to be liquidated within a small window to pay uncle sam. this would almost certainly be short-term capital gains, meaning it would be the same as income tax and not the 15% most people pay on stock profits they have held over a year.
i was about to say cuomo enters the chat but you beat me.
i'm pretty sure the nursing home has been killed off due to cuomo sending covid patients there.
like when biden got a bump of 20,0000 votes in the middle of the night when georgia officials decided, to start counting again after sending everyone home? oh and they pulled out suitcases hidden under tables right around, this time too?
biden barely won the election because of a full court press thisinformation campaign coordinated between the new york times, twitter, and the fbi to bury the hunter biden laptop story. if that had not happened he would have lost. the counted results do not really matter at that point.
you do not win the presidency through popular vote. go add up the margin of victory in az, ga and pa. now you know the actual vote difference that yielded his electoral win. even that is contested tho given the small margin and questionable changes to mail in ballots.
nah they will give it all the the people...then give 99% to the billionaires. that way it has some nice value built up.
no. i just do not like baseless accusations coming from imperialist nations like the us. just look at how they are trying to gaslight the global south about israel and its actual war crimes lately by saying how hamas are terrorists (apparently if your land is being invaded and your people are being killed, they are not allowed to defend themselves without being called terrorists) this is incredibly off-topic, but i cannot let your comment slide because you called me a sino shill, and this could not be further from the truth. the crypto community claims to be independent of institutions and therefore should technically be able to view events in a more objective manner, but when china is concerned, all logic is thrown out of the window and only emotions remain. the latest crash and your comments about me being a "shill" illustrate this perfectly.
i do not particularly like winnie the pooh.
its listed on the ny stock exchange i believe just like a number of other companies like nio, jd, pdd...
you buy stock of a company listed in the caymans that trades as if it is the chinese stock. it isn’t the chinese stock.
51% attack... that would be rolled back pretty quick and we’d just have another bch shitcoin that everyone ignores. there are enough people with enough invested in btc that people would start to run their own if it was looking at risk. a sudden drop could leave the market exposed and centralisation of large groups of miners is and always will be problematic. you wouldn’t lose the hash power long term, you’d see it rethistributed. if some people stopped mining in china due to a theoretical govt ban (which i don’t personally see happening) then they’d sell their miner equipment and i would buy some. the hash rate would drop then recover. if it dropped a lot then individuals at home with some basic equipment would start to mine. it’s a basic supply and demand type situation.
not sure why you're calling me comrade, trump is the one who spent his presidency buddying up to north korean communists and a former kgb officer... and it is law, because it is a bill which has been passed by congress. further to this, the us blacklisted 7 chinese supercomputing entities, they also issued sanctions against chinese officials to to xinjiang, as well as 24 officials due to hong kong. what did trump do about hk and uigiurs? oh yeah, nothing. huawei was blacklisted by american telecoms via federal instructions, meanwhile mike pompeo was visiting china and donald trump literally has a chinese bank account. but no, biden in 6 months doing more against china than trump did in 4 years definitely means he is "bumbling beijing biden", y'know, despite the fact trump makes up words and cannot even finish a sentence, and lost 2 debates to the guy. but nah the guy with the stammer is bumbling, not the guy who could not do shit in 4 years and had a majority of the us vote against him 3 elections in a row (2016, 18, 20).
then you get network spam
oh my god, i just bought nano a couple of days ago because i thought it sounded cute. now you convinced me to hold it alongside ada and eth
that's why i'm all-in on hbar
not quite feeless, but the ones i've used for transferring with minimal fees (like, .01 or less): * xlm * algo * ada * ltc
heh thanks. honestly you do not want any part of my fever dream portfolio. it breaks down into play stuff and hold stuff. my holds are eth, iota, theta, ada and nano (but only because it was not on an exchange for me to offload a bit of last week) i recently added algo but mostly because it is mentioned so often on this sub. my nano came from when it was raiblocks and then i got a bit through bitgrail, that was crazy shit. i got some other via exchanging moons for it from a post on here. if you go to coinmarket cap you can search each coin and see what exchanges it is on. edit: for [a post on iota from here a bit ago.](
name a power structure in which higher ups do not benefit from their position. there is none. human nature is to want more. my needs are higher than yours therefore i should take more.
sorry couldn’t help myself.
what do you think the west has been claiming they were doing the last 40 years? i'd really like it if they invested in north and south america instead of just whining about crime and immigration. if china wants to do business in africa it should not be a problem. china would not be stealing resources. they are not that big of a problem. our military along with uk and france have controlled africa the past 100 years.
that's just an excuse.
thrift stores are cheap and much higher quality items
do they pay to shill for china? because the millions who died probably don’t care whether it was due to poor planning, inability to adapt, etc. 40m is a pretty damning number, regardless of politics. how about all the coal fired power plants they’re adding? is it shameless to point out that inconvenient fact?
that makes sense, but if that’s the only advantage, i would say it’s destined to be overtaken
physical gold is used far more than btc is and probably ever will be.
probably so. eh well if that is the case then price should recover soon
haha ye that is not cool. to be honest it seems like that in most crypto subs. i remember i cracked a joke in a sub once and got perma banned
read an article today about two or three new mining farms starting in texas. chinese owned or partnered. texas has space + cheap electricity and natural gas.
that's why i get so bullish seeing states like wyoming trying to pass miner-friendly legislation
i do not want to spam this subreddit but check my profile i made a small summary on my last comment
etfs just aren’t that fun to talk about. other than saying “more institutional money will flow into btc via etfs,” there’s not much more you can say without diving into what etfs actually are, and that shit’s boring.
it's cxc - allegedly is a hedge fund scheme to make artificial gains to put up as collateral for massive risky bets such as short squeezes. (gme saga might be related to his coin). super shady shit, but interesting dd
tbh, i think a lot of it is sheer naivety. warren buffett says the little guy is “using crypto and stocks like a casino”, and that might be true, but you can bet your fucking tits and nipples that they are too, and doing it multiple orders of magnitude larger.
it’s safe due to some controls but they deal with astronomically large sums that. it’s all relative. it’s
i consider any high risk investments safe in comparison to warring against retailers
ya no. hedge funds do really safe things, yes occasionally you’ll hear of some highly risky hedge fund taking a bet and it blows up. but the reason why those make the news is because they took a risky bet and that’s rare. the goal of a hedge fund is to hedge risk and keep racking in fees. you don’t do that if you occasionally blow up your clients wealth and ruin your reputation… it’s just really not that common.
i don’t think that’s really the case. those i know who work at hedge funds say they have conservative trades looking for 1-2% gains consistently with leverage, and have super intricate options trading strategies if hedge funds were always taking crazy risk you would see them all blow up their accounts more frequently, which is significantly different than some kid posting his robinhood loss porn on wsb
that’s the reason why they are playing safe
there are crypto-classed hedge funds around right now, that’s probably it, but i would have thought you meant doing it against audit
almost as if she had rich parents or something.
conversely, i think many do not realize just *how many* idiots there are around us.
you've just absolutely proved my point... an nft of a bridge is the furthest thing from a literal bridge that could possibly exist.
i do not really see how else you'd do it, it is the easiest way. if you track unrealized gains over the year you need to track unrealized losses as well. if you sum it all up, you end up with the same result as just looking at the unrealized gain at the end of the fiscal year. and if you do not allow offsetting unrealized losses, then the safest strategy is to sell and rebuy everything immediately at all the points where unrealized gains would have to be reported.
grandma get off of reddit, did you forget your meds today? you're talking about crazy election stuff again. love you ❤
nah trump was just shit m8
lol i do not give a shit about his son. nobody cares about this phantom laptop. joe biden was running for president, not hunter biden. trump is shit and he lost heavily because of it.
the laptop story where hunter supposedly traveled from california to the east coast to have his laptop fixed, and brought it to a tiny repair shop, and the guy who runs it is legally blind so he could not see who brought it in, but he knows it was hunter because there was a sticker on the laptop for the beau biden originization on it, and there was child porn on it but the fbi wouldn't take it so the only person he could give it to was rudy giuliani, trump's personal lawyer, and then when pressed on where the information was they said it got "intercepted" through the mail across the country and they did not have any backups and so they do not have the information anymore? yeah that story's a crock 😂
people did not care about hunter bidens laptop, they cared about getting that orange piece of human trash out of the white house.
i’m sorry but billionaires buy stuff cheap. they don’t buy shares of big companies after there is a run up on the nasdaq, they get them for .30 well before the ipo. when there is a usd coin, the rich will have first access at cheap prices.
the lady doth protest too much, me thinks.
we know where you live. your state-sponsored chinese girlfriend will be withdrawn from you alongside with allocated social credits. have a good day. somewhere.
>that would be rolled back pretty quick so the ledger is immutable unless people want it changed? >you wouldn’t lose the hash power long term, you’d see it rethistributed. if some people stopped mining in china due to a theoretical govt ban (which i don’t personally see happening) then they’d sell their miner equipment and i would buy some. it would move to wherever electricity is next cheapest. which is next to big state-subsidized power plants for the most part. in an efficient market price is driven down to cost of production. if someone is mining at 4 cents a kilowatt you cannot profitably mine at 8 cents a kilowatt unless the market is so inefficient as to allow a 100%+ margin, not counting other costs of course.
imo, nano and iota lack a mining economy that creates issues with security. the fact that we call nano feeless is kinda bs because node operators pay about . it makes sense for exchanges to run them, but not people. i own nano, have owned iota in the past. i'm heaviest on algorand. the staking is incredible, and truthfully, nano & iota do not onramp or offramp exchanges very smoothly often. they may be lightning quick wallet to wallet, but algo has never hung up on me, and has never taken more than a minute to full confirm. love algo!
not 100% sure those two projects are aiming at the same target.
that's why xlm is not feeless... just as low fees as humanly possible (plus the fees are burned making it deflationary) and fast as a whip.
yes, nano has a ongoing problem with spam. the dev team is actively working on fix. but imagine the potential if any project can solve this issue, it surpasses any project that charges any amount of fee, no matter how small.
both of which sound cute!
yeah but is it their fault for offering it or the businesses who flocked to them
except that under socialism the workers have influence over their leaders in the workplace, and would be able to collectively remove them from a place of power if they did something out of line.
we have not done a good job at all, and i agree china should be able to do business there. but the way they are doing business is setting them up to come out on top when resource scarcity picks up in the coming years. i'm essentially saying we should also be doing what china is doing. >china would not be stealing resources hmmmm, this is just one of many examples, they have been doing this stuff for about a decade. btw, the west also steals wealth this way. i think both are bad
no it’s not. there would be a huge movement against any type of rare earth metal mining etc...
maybe eventually, depends on how bitcoin development goes and if that hype maintains longer term.
agreed, btc is garbage in its current state
i confronted the mods and demanded an explanation for the ban. no reply from them. most crypto subs are toxic echo chambers that has strong cancel culture.
oh that is nice, but see, chinese owned or partnered is still an issue. naturally, setting up mining for btc or any crypto for that matter is expensive, but leaving it in chinas hand will give them power to manipulate the market. china can still thisrupt the market. this is just not limited to china only. if us or any other country for that matter mined roughly 55% of btc, they would hold significant power to change the market.
i guess. but i’d think it would be entertaining to talk about how the price could skyrocket if they get approved.
cxc - [ the chart on gecko is crazy, look at that.
its hotdog, total scam, but it actually pulled a bunch of defi guys that were chasing the hottest new staking coins.
yep, had a brief chat with a hedge fund manager few months ago he considers his job safe in regards to gme saga
i was just thinking melvin an citadel would be looking at the crypoto market pretty strong as they go further in to attempting to cover that short.
that's my point - there is no sensible way to do it. if they are trying to gain tax revenue, there are tons of far superior approaches for them.
nah, it def deserves looking into. too many coincidences in my opinion-regardless what they fact, checkers say. those suitcases being pulled out from under the table after, everyone left due to a leaking bathroom is suspicious as, fuck dog! and it matches when biden got an added 2000,00 votes? it’s crazy you’re thismissing what will end, up being the end of a democracy. any future elections will be chosen by the .001% from now on.
what policies of trump are you referring to?
yeah the thankyou note from the burisma exec for the introduction to hunter’s father, a meeting joe is on record saying never happened, is inconsequential. i don’t give a shit about his crackhead son either, aside from using his son to funnel bribes. are you really so fucking partisan you can’t see that? of course not, you are just thishonest.
yeah. i’m sure hunter never ever visits the state where he grew up and his father owns 2 mansions. what a ridiculous stretch of the imagination! the laptops are full of personal pictures of hunter and hunter’s friends and have all of hunter’s email in outlook. occham’s razor definitely says this is a russian plant.
trump wasn’t supposed to win so the media and the political establishment has convinced the public trump was a fascist nazi so they could install another crony career politician in biden
>the lady doth protest too much, me thinks. you guys have been so brainwashed that you cannot even think outside the box for once and you take every line spoken on china at face value and anyone who does not think the absurd atrocity porn narrative is real (that is being pushed by the cia and the ned funding extremist overseas uyghur groups) is considered a wumao. reddit is often considered the saner and more nuanced version than a place like 4chan, and yet just mentioning the various glaring issues i have with that narrative will get me banned on every political subreddit over here. so much for seeking the truth. worse, calling out israeli's blatant warcrimes is apparently akin to being an anti-semite.
yes the ledger is not immutable, it operates on consensus. it is immutable by consensus. updates or protocol changes would happen quickly in an emergency situation. if anyone was motivated out there to do a 51% attack it would be on an altcoin. i’m not thisagreeing it’s theoretically possible for btc but suggesting it as plausible, and then permanent (if large enough people would vote with their feet to reverse it) is way off. regarding power yes, cheap is king. renewables becoming available make mining a bit more realistic for many.
it makes sense for payment processorsand bigger stores to run them since it’s waaaay cheaper than processing 1 days worth of credit card fees.
i love xlm. blazing fast, nearly feeless, and even has a dex with lots of trading pairs!
what's wrong with a 0.000001 fee? it's essentially zero and stops spam.
ultimately it is the consumers' fault for buying the shit.
hahaha yeahhh right because that’s how it always works.
polluting everything just puts the cost onto everyone. if companies are too cheap to run a mine and clean it up then they should not be in that business.
is there anyone actually on the btc dev team anymore?
haha yep, it is true. it's a pity because its better to have open thiscussions.
> if us or any other country for that matter mined roughly 55% of btc, they would hold significant power to change the market. no, they really wouldn't, because it would require that all the miners in that particular country worked together. they'd all have to decide to coordinate and attack the network. it's the internet, man, and bitcoin mining is decentralized. national borders do not really matter.
down 99% in the last 24 hours. crazy.
.96 / .67 daily low seems legit.
wait... it looks like this thing is literally repeatedly pumping and dumping. so you buy a 1,000 coins at , you wind up with -6 months? i mean... if i looked at the chart and it was like that over the last 7 days, that is one thing. but it looks like it is a graph for some sky launch ride's daily operations at six flags over the last 60 days. w... t... f? also, is it sad that i'm thinking of yolo'ing into it?
this is wild but this is also only a small amount of money. for sure fuckery is afoot but this coin spike has such a small amount of money in it to contribute to the bigger picture. that being said, how many coins are being manipulated like this...?
yeah it’s called money laundering
it’s gonna suck for the markets if they can’t cover, but it’s gonna suck so much harder for hf’s and honestly it’d be worth it to see them suffer imo. definitely manipulating crypto for their selfish ass greed.
na, but that is about a big a crime as jaywalking compared to the bullshit criminal activity trump himself gets into, let alone his entire family. further, nothing points to any of it ever happening as no evidence has ever come forward. i live off facts and evidence not so and so meeting happened and "we like to fantasize" this may have happened. it's incredible you point to this bullshit about biden when trump has a god damn encyclopedia book full of shady and outright abhorrent bullshit he has done before and during his presidency. biden and his family do not even come close. maybe take a harder look at who you support before criticizing others.
this makes zero sense.
only thing though. . . trump is a fascist nazi and so are most of his followers. they're just rebranded and wrapped in a shiny new package. they're also the ones who literally attempted to overthrow the us government. they're also labelled domestic terrorists so there is that. they're also the ones who are going to start downvoting this comment.
>how do i get one of these? before signing up for a definitely not honey trap, send us your linkedin, facebook or youtube account. have a nice day.
>if anyone was motivated out there to do a 51% attack it would be on an altcoin. how about the ccp wanting to take out a threat to its monetary authority and tanking the us heavy speculator market at the same time? >(if large enough people would vote with their feet to reverse it) you cannot reverse a 51% without invalidating the pow miners who are doing it. if we're saying we can get rid of the majority of chinese miners\* without breaking the security model that is a tacit admission that bitcoin is wasting ridiculous amounts of unnecessary energy and resources. \* = (which is the most realistic threat of a network capture since the ccp can seize any and all assets in china they deem to be against the interests of the party) > it is immutable by consensus everything is immutable by consensus. the fed board cannot print more money unless they agree to. a bunch of miners in china are no more elected than the federal reserve board, but at least they are appointed by elected officials.
find me a pc, phone, or tv with no parts made in china and then we can talk about blaming the consumer.
yeah but it could work like that given the right conditions. why is that funny to you?
i agree, again there are too many laws already in places for refining
oh yeah for sure, it is far from a dead project.
yeah. what you reckon of the current crypto market? you think we are heading into a bear?
i'm not a huge trump fan. never liked the guy before he was a politician and was not particularly impressed by his performance as president. but it is near impossible to say what he may or may not be guilty of seeing how nobody seems to have any trouble thistorting the truth, amplifying wrongdoing, and just flat out lying about the guy. when i see exaggeration and falsehood my gut tells me to react in the opposite direction because i probably am not catching nearly all the lies i am being told. you apparently react to it by thinking it is fine as long as it agrees with your preconceived notions.
what part are you struggling with
>trump is a fascist nazi and so are most of his followers. what in your opinion mase him and his followers a fascist nazi? anything in particular such as policies? > they’re also the ones who literally attempted to overthrow the us government. how were capital hill rioters going to overthrow the government? how would that have worked? > they’re also the ones who are going to start downvoting this comment. fascist nazis downvote your comment?
hey thanks for the reply. i don’t really agree with you, not the details or how the network runs or reaches consensus but i think we are predicting different responses of human behaviour given the current situation. i applaud you for being skeptical and bearish when many others are inappropriately unable to consider the alternatives (lots of echo chamber bs around here). however i think we thisagree on peoples’ reasonings. you’re speculating they’ll ban it and have predicted a range of plausible worst case scenarios based on that. i am saying they won’t ban shit. people are self interested. i think rich people in china will not let bad things happen to their money. i think greed wins. the ccp and their “ideals” is all kinda bullshit. just like most governments there is posturing and position statements. the west doesn’t listen to trump but we take everything ccp says seriously? what incongruency! so i am also a skeptic but i just think people are maybe less principled than you may? i dunno. i don’t want to guess your reasoning too much but appreciate your thoughtful responses nonetheless.
>“cryptocurrency is something you can bet on, but if people want to have the animal spirits to take risks, i’d prefer them to invest in equity markets to support the building of american companies, or the california lottery, to support the schools in my state,” sherman said. people should go where they make the best returns; soliciting investment in your state is your job >“cryptocurrencies are highly volatile, so if one person makes a million dollars… and nine lose ,000, coinbase makes money, the millionaire goes on tv and says how wonderful it is, and nine others do not retire in dignity.” "if" 9 lose ,000? is that supposed to be a statistic? that cannot happen in the stock market? sherman is a bought and paid for clown.
his comment about preferring people invest in the fucking lottery is absolutely baffling. what a dick.
this doesn’t only happen with crypto, and it does’t end with only 1 congresman.
another day in the land of the free, corrupt political system driven by the greed and self preservation of its leaders and big business. american politics aligns with the jerry springer show.
lobbying is legal and making campaign contributions are legal, but bribery is illegal this is like saying murder is illegal but donating bullets into people's organs is ok
we need a goddam dao with the sole purpose of lobbying against this shit. like fuck the corrupt system of purchasing undue influence, but at this point it’s time to fight fire with fire.
satoshi nakamoto invented bitcoin to free us from this corrupt system. this quote from satoshi nakamoto explains it all: >"the root problem with conventional currency is all the trust that is required to make it work. the central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. we have to trust them with our privacy, trust them not to let identity thieves drain our accounts. their massive overhead costs make micropayments impossible." the current system requires that the people can have blind trust in central bankers and private bankers. history has shown us that this is impossible. the whole system is corrupt. from the bankers to the rulers. the people need a currency that empowers them. bitcoin is our best weapon for that.
wait, congress is in the bag for big banks?? no way. *shocked pikachu face*
the banks have half of congress in their pockets
i am shocked. shocked!
corruption in broad day light
the big banks are dinosaurs
the supreme court really fucked up allowing cash to be used for lobbying.
call me surprised to see a corrupt politician.
not donation, but bribes
no wonder this guy has such a punchable face
i am tired of the corruption in this country. ban bank donations. wall street bought most of the democrats and republicans. we must stop this.
willing to bet if exchanges gave him money he’d do a 180 overnight
classic. what does the (d-ca) mean after his name in the article?
imagine thinking you could shut down crypto currencies the only way to do that would be to turn off the internet and no way in hell are they gonna do that
buddy looks like a used condom. he needed that money.
is not this like, corruption with more steps?
american politicians are fucking cowards and will spread their asscheeks for their donors.
our democracy is for sale
this piece of shit again
that's how us politics work.
of course he is. it’s so weird that the truth is usually exactly what you’d expect
hehehehheheheheh the irs is the only thing that stands between us and mass adoption. fuck what everyone else says.
he promoted lottery tickets that are statistically made to take your money. why would anyone listen to this quack??
im sure he lose his seed of bitcoin
this man has the easiest job in the world; sit back and complain about something he cannot do anything about.
this guy probably does not even know how to wipe his own ass
always good to put a face on the piglets the banks put on a leash that crawl and obey their masters goals of going against the people they are supposed to represent.
he's the kind of person who wants to pause an online multiplayer game.
your whole political system is like that...
highly volatile, 1 person wins 9 lose. rather wants people to join the lottery. ah the super safe lottery where 99999999 people lose and 1 person wins.
we should not call it lobbying anymore, just call it what it is, bribery!
crypto has been proven to return high yields for hodlers ([gs report]( but banks will lobby governments into making you believe you would rather spend your hard earned cash on roulette than fund your crypto account. hahahah if i don’t laugh i’ll cry. i live in a very just and fair country (especially for crypto) for the meantime at least. i hope in the future all of us are able to look at articles like this and say “you know what i’ve had enough, i’m moving to x country because at least they’ll be honest and fair” am i being too radical? idk i just feel like their’s no point in living in a place where your heads of state are praying for your downfall… ok now if you would excuse me i’m going to go stare at charts for the rest of my day :)
politicians are so damn corrupt, it is hilarious how glaringly obvious it is too
damn these banks are trying really hard to keep people away from cryptocurrency!
lol. it must suck being on the wrong side of history.
his face reads “scum”
that guy looks like george constanza's mentally thisabled brother
shocking that the people who benefit most from the current financial system are the ones who are trying hard to prevent changes from being made.
"exposed" is an odd synonym for "surprise!"
>det. lester freamon : you follow drugs, you get drug addicts and drug dealers. but you start to follow the money, and you do not know where the fuck it is gonna take you. **the biggest donors to rep sherman per the article:** capital group companies: ,400 blackstone group: ,800 blackrock inc: ,250 american bankers association: ,000 capital one financial: ,000 charles schwab corp: ,000 credit union national association: ,000 discover financial services: ,000 deloitte llp: ,000 this offers some insight into w
donations should be in inverted commas too...i'd call 'em bribes
one man should not have the power to do that. no man should.
“exposed”…lol, clickbait…more like “expected”
big banks will eventually jump deeper into crypto and these clowns will follow. we may have to fight them off for a year or two to ensure they don’t pass any laws that actually slow progress
“donations”? let’s just call them what they are... legal bribes.
if a politician is advocating for stuff there’s a big chance there’s someone paying them to do so in their interest
can any whale give him something?
these days, anytime anyone in elected office is against something, you can be certain they are being paid to hold that opinion. we are far beyond the days when politicians actually hold their own principles, convictions, or opinions. and they certainly could not care less about what the people want or what is in the best interests of the society. (and that goes for all politicians in all countries on all political "sides".)
america is corrupt and government is controlled by the rich corporations. poor people cannot play politics because it cost money, only the rich can hence why they control the government and always screw us over. this is one obvious 3xample of a politician being owned by banks.
congressman speaking out against crypto is taking lobbying money from anti-crypto institutions? now that’s a shocker.
he has no power
they can ban it, but they can never stop it. even if every country in the world decided to ban it the same day crypto would go underground. also every country banning it would never happen. it wouldn't just be bitcoin they are banning but blockchain technology. it would be foolish for any governments to ban progress in technology, this technology will completely change the world we are living in, embrace it or be left behind.
you guys should check out aakira rhodes for congress. she’s pro bitcoin and currently reading the bitcoin standard. please donate to her campaign! she needs all the help she can get.
not a surprise. this will be a power struggle as usual, but i have to believe that what we see happening, the natural evolution of finance, will prevail. it’s not like these dinosaurs will suffer in the process though, they’ll get paid and enjoy their riches regardless.
when am i going to stop seeing stories like this and see change or action
color me not surprised at all. all politicians in this country are bought and paid for by some such "special interest" group. they do not even try to hide it anymore and we are just ok with as long as they are "on our team" (donkey)
the guy seriously recommended playing the lottery over investing in crypto. that statement alone shows he does not care whether or not you make or lose money.
the best democracy money can buy you!
honestly, no matter what normal or powerful people do, they cannot shutdown crypto at least the top one like people and governments could not shutdown the internet, it is by concept and design meant to be that way. so do not worry, even if anyone would want to be a monopoly in the market, competition will take care of it, and if you really look in to it even traditional and government based currency are just worth what it worth because you and me put trust to it. so can the crypto currency be, we just got rid of the man in the middle. so be happy about it, and thank the man behind it all.
central "crypto has no value and nobody uses it, but we need to shut it down, do not ask questions" bankers
this should be illegal. taking bribes
what a shock, did not see this coming at all, impossible, my life was a lie, who would’ve thought, holy cow batman!
so y'all gonna unseat him or what?
like i said when i first caught wind of the idea of "shutting down crypto", just more oppression from the sick, greedy 1%.
everyone is looking for a way to get some donations.
bet he is buying crypto with the donations
omg, what a surprise
why do not we see more cancel culture aimed at these kind of things?
well at least americans now realise that 99% of their politicians in power are full of shit and buyable shills
we know this. we already know all about lobying. it isbr even hidden anymore. money talks. politics is now just money money money.
look at those fucking mummies...and we should let them decide crypto things when these fuckers cannot even operate a smartphone? we need young politician, not another 70 years old white corpse deciding wich better future for us
i bet he gets paid in btc. oh the irony.
you had me at “evading the know-your-customer-rule is the one thing cryptocurrencies have as an advantage to the us dollar.”
another youtuber working to milk money from his affiliate links. nothing new to see here.
politicians being dumb and corrupt is not new but the trash talk we can say to them is newer every time
he’s probably sitting on some pretty hefty btc bags and telling us this as a hypocrite.
why do all politicians look so untrustworthy?
banks! what else would one expect. big task that, though.
just a coincidence i’m sure…...
these guys literally have no idea what they’re talking about and trying to shut something down. bunch of fools, boardman gets paid. no no no
she must not know that we have two futures. one with crypto and semi normal society and one with a touch of hyper inflation and a lot of overthrowing governments.
shocking the financial sector is corrupt. who coulda, woulda, shoulda known?
centralization is panicking now because since the pandemic started, more people are being exposed to cryptocurrency. investing to unpredictable currency is fine, as long as you stake what you can afford to loss, as the saying goes. humans are more courageous now to risks so banks are threatened. in crypto im glad i found low mc lamden tau, which is a python blockchain and a community based project that also has more coins on its ecosystem. fast growing dex rocketswap list can be viewed on coinpaprika and rswp lp updates apy is lit. multicrosschain bridge to eth is available also, you may try stake your weth. no fud just hard fomo. visit tg group lamdenchat to know more, dyor.
“cryptocurrency winners getting rich off the backs of losers is a classic example of the zero-sum fallacy. it’s economically untrue that wealth gains must necessarily come from someone else’s losses.” zero-sum fallacy……would this be classed as fud ?
team we need a new crypto currency called stopbrad
tl;dr crypto is beyond central control, and price cannot be inflated by a central authority. however, the us dollar can be inflated by the federal reserve when it prints new money.
this is just the matter of deep pockets
how do people like this keep getting elected? is his thistrict largely unaware of and not involved in the candidate nominating process and he just wins on a party line vote? if so, i propose that we send educational literature to these citizens to help them choose better candidates. ' edit: the irony is that this man is a democrat from california. we will always have thishonest scum politicians like him representing the people if more citizens do not get involved in the nominating process. i assume that like most of california, this seat will never have to worry about a republican taking it over. since people are creatures of habit, we will sadly have one party thistricts. but one party thistrict + no involvement in the nominating process = uneducated people voting against their own self interests.
the whole essence of the "left" in one article.
although i know some of you want to start pointing fingers at the two parties. remember, they’re both shite. they’ll do whatever corporations and banks tell them to do.
his whole argument of putting your retirement money in stocks, sounds quite nice. we are heading straight in the largest financial incident of all time, all warning indexes are flashing red, the reverse repo markets is reaching a trillion, and stocks and indexes are at an all time high. telling people to invest to stocks right now is telling them to buy mortgage back securities in 2007...
public execution - cannot think of a reason against.
i’ll take things that surprise no one for
sherman looks like the type of dude that became an accountant and couldn’t turn down the first dude that asked him to cook their books cause he was too much of a pussy
well duh, that is what government is for. institutionalized careers for criminals.
that is george castanza.
thats the same with elon musk if you ask me, no matter in which direction the manipulation fud goes has he been jailed already ? probably not since it is aight if big banks do fraudulent things...
this seems like rubbish.
corruption at its finest. demorats really know how to do it right. all the time...not...they're too stupid and get caught all the time
gee big surprise he’s a democrat, not that there’s not much difference between the george bush republicans and joe biden democrats. i don’t know what they are. mitt romney , joe biden , kamala harris will just do whatever the people they take money from want. freedom and prosperity for the american people is not one of their concerns.
his arguments are right, but that is what the people want since that is what big banks get and now the playing fields are level regardless if it is banned or not.
it's all a god damn fake man. it's like lenin said: you look for the person who will benefit, and uh, you know... i am the walrus.
another corrupt politician, no surprise though, its america
of course rich people do not want normies in crypto or stocks. if poor people realize wealth isn't earned from "hard work"...their positions will be confirmed as useless.
don’t worry, he probably can’t even set the time on his microwave.
cryptos may be a volatile assets class, but have you looked at p?
haha hey big banks how are ya doin i take donations as well ok nice meeting you
imagining markets as a zero sum game is surely the absolute antithesis of capitalism as a system.
crypto is a revolution. don’t expect the banks not fighting for their money. we must fight back by educating people about crypto. also buy and hold your crypto like i do. i believe in vet but there are many great coins out there. crypto is the future
i honestly think this is brad sherman pointing at computers and telling congress, "delete the internet" levels of dumb. logic: most major banks are hiring ethereum .
from your post history, thailand
a political scum bag is bought and paid for instead of representing his constituents he is representing his bank account(literally and figuratively) shocker!!!! 👀
if they ban it the investment goes elsewhere, it’s like shooting yourself in the foot.
i think he thinks this is some laptop or pc or some shit. you cant "shut down" shit just like that lmao
surprise, surprise!!! the fix was in... seriously tho is anyone surprised???
ok but is that george constanza current time?
i mean… yea. what did you expect? hardly exposed. anybody could listen to him talk and come to this very simple conclusion.
shut down what jackass? good luck.
get ready for the eth. gets em everytime.
it’s sad that a lot of people would agree with him. over at r“that’s why we have a lottery” as an argument against bitcoin.
i am pretty sure that .
not all that surprising to me, maybe i'm cynical haha
i’d like to donate some bbd’s in his rectum
lol why isn’t this is the mainstream news? just because it pushes a different narrative then what they want? news is news.
i do not think you're allowed to be a politician unless you prove to be a raging fuckin fraud
i'm not a fan of politicians being bought and paid for, i'm also not a fan of libertarian thinktanks masquerading as educational charities. what to do, what to do?
i did not know george costanza was a congressman
like nearly every other bigger politician
who the fuck is that clown ? what ass did this piece of shit come out from ?
no conflict of interest here… nothing to see here, move along ;)
crypto adoption is inevitable. there’s nothing this clown can do to stop it
cliche for a reason. magic internet money is gonna dance on the graves of so many. if it doesn’t then it wasn’t magical enough(it’s pretty fucking magical). and just so we are clear…the show is just getting started. this politician person is a worn out speed bump in my humble opinion
which party do y’all think support crypto the least? i feel like dems are always pushing for the future to be today but i see them attacking crypto more than republicans? thoughts?
but big banks hold significant amounts of crypto too?
don't title your posts like this you sound like a tabloid
could’ve told you that before the expose
well duh, where else would they come from? crypto investors? 🤦🏻‍♂️
the best way to get at him is to use some of your crypto gains to primary his ass.
tldr; california democrat doesn’t like things he can’t control. you should spend and invest your money in a way that he thinks is best for you, your family and the lovely state of california. big banks say such smart and big wow.
gotta love politics… smh.
let’s fund crypto currency’s i know it’s the future.
lobbying in pure form
boom i called it! [follow the moneeyyyyyy](
if the bad guys are doing this is because this is the way
all this does is boost my selfsteem. good job.
so he’s a cheap whore.
shows how afraid the banks are of crypto as well as brings out the most idiotic politicians
the sky is blue
banks, the "pay phones" of the 2030's...
the rich bastards want to shit on you and everything you love.
this guy is a dick. if i recall correctly he almost put his opponent in a headlock during a debate. aggressive creep.
politicians are generally pretty obvious about who bought them with donations. this dude is no different.
crypto isn’t supporting the building of american companies??? 🙄
this is the same dude from the gamestop hearings
put your money into crypto and fuck those control seeking ego tripping narcs!
oh what a coincidence, i am sure he has a perfectly unbiased opinion about crypto. he's like another shitcoin shiller except that just he just shills shit.
banks better learn how to adapt if they do not want to end up like blockbuster.
i hope this makes some more headlines
we’re getting to the point where bans and crackdowns end up hurting the country enforcing them and creating opportunities for other countries in the process.
i am amazed that the paid off congressmen and senators... do not demand that the federal reserve put all of its cash into the crypto system to keep it safe... there have been barter systems before... its a pyramid scheme. when there is enough cash in the pot. the head guy cashes it all out and shuts it down... saying , money gone if not thrilled.
in order to shut down crypto you'd have to shut down the internet.
then let’s we shut him down and his entire group. we the people elect our politicians we have the power
lmao i'm reading mainstream. does anyone think rockefeller, morgan. cardigans etc. wants a system where they have nothing left & no more federal reserved is under, owned & controlled by them. & in turn who do you think put majority of these shifty, fake, lying & selfish politics in office? people who believe in crypto are people against a family that had reagan shot 3 days after a promise to the people, killed kennedy & helped bush finish daddies war for oil
we need our own guy to represent crypto that comes off as a well adjusted, nuclear family dad. not saying this politician is but we need someone who can speak for our movement.
what a surprise? not!
is there any pro-crypto lobby group i’m unaware of. i mean if we want to succeed we need to play their game. having him voted out is a matter of vast pr campaigns etc.
this guy doesn’t fuck.
look at that fucking face
the situation is just dumb all around
wait, how is government of usa supposed to "shut down" crypto? do they somehow control it? do incestments of the entire world depend on one country? somebody explain please.
"i'm shocked, shocked! well, not that shocked."
they can’t ban crypto
sherman, looking to tank crypto.
the fact us politicians are legally able to receive private donations by corporations just blows my mind. if that happened anywhere in europe that would be such a big corruption scandal.
let them eat cake
exposed: water is wet
hey look he is pumping a shitcoin!
fuck it all, if crypto is gone. i'm moving to mars. lol
rethistribution of wealth is coming. can’t fight it.
can anyone explain fud? i just graduated w a degree in finance and economics yet i just don’t fucking get it. there’s too much “it is what it is and accept it” when you break it down and to me that’s just a fucking bullshit excuse. so without using that, what’s it’s purpose as a currency other than to maintain value for those who hold most of it?
the level of misinformation coming from this ass hat is staggering. it's a shame that many who would otherwise be crypto curious are gonna read trash like this and not look into it for another cycle or two.
narco & crypto are the ones delivering justice and bringing peace to the world.
wow brad sherman is my representative and for the most part he has been doing a good job. it's really sad to see this. will not be voting for him in the future.
it is literally corruption
the only way to change this corrupt system is via proposing a constitutional amendment and getting 75% of states to vote for it. join the movement here: [
this while other countries are making it an acceptable form of currency🙄
can’t wait to pay him 15 cumcoins to lick my shoes so he can feed his family
wow i really didn’t see this coming
at this point congressmen are just avatars for whoever's funding them.
that's legal right? the crypto community should do the same.
looks like george from seinfeld
that's coons right? he's from joe biden's home state; he is a pretty good bellwether for what the president actually want to do (or does not).
is lottery even classifiable as an investment? lmao this hilarious
you guys are delusional. the banks have been invested in crypto for a long time. they don’t want them “shut down”.
well good luck to that dumb fuck
oi, crypto is bad, ignore the insane lobbying, greed and lack of infrastructure, what is wrong with this corrupt system full of filthy politicians kvetching for more cash is crypto. look at this worm, he is that unstable little weasel in school that got picked on, and now he is taking it out on the rest of the world. american politicians on both sides of the political spectrum make my skin crawl.
damn i kinda liked what he said in the first gamestop hearing. cannot trust anybody these days.
i don’t understand and the difference between ‘lobbying’ and ‘bribing’. other than it, somehow, being different for a company to do it to politicians.
i think crypto is going to get worse, no regulation, rabid base of believers, what better way to pump and dump billions? hf's already doing it, now everyone knows. i wouldn't be fucking around outside of the big 4 right now - new shitcoin - pass.
this congressman should absolutely be expelled for this. too bad this is probably the case for the majority of congressman and thus would never happen ¯\_(ツ)_/¯
smh... not surprising tho
so when are the democrats going to rectify the citizens united decision? it feels like it benefits gop more than the dems, but hell, dem groups are just as bad it seems. wondering if the past 4 years would have been different if the supreme court ruled differently.
that's how you know we're gonna start marching upwards... bad news is comming out scaring the masses away from crypto sell the bottom then they will say bitcoins > than gold and to sell your gold and buy bitcoins once we hit 68k just like they did at 55k
at this point i’m not even surprised anymore.
the guy is an asshole. people need to vote him out!!!
guess what? they all get their marching orders from big banks.
i don’t expect anything different 🖕🏽
i'm shocked, shocked i tell you of this corruption.
lol good luck with that
democrats have no shame.
this guy is a bitch
this is the best tl;dr i could make, [original]( reduced by 89%. (i'm a bot) ***** > one of the biggest opponents of cryptocurrency in washington is congressman brad sherman, a california democrat who has in the past called for cryptos to be banned. > at a wednesday hearing for the house committee on financial services, sherman harshly criticized cryptocurrency and renewed his calls for its prohibition. > there's also a more cynical, yet simple answer: some of congressman sherman's biggest donors are big banks and mainstream financial institutions, the same interests threatened by the rise of cryptocurrency. ***** [**extended summary**]([faq]( "version 2.02, ~586599 tl;drs so far.")[feedback]( "pm's and comments are monitored, constructive feedback is welcome.")*top* *keywords*: **cryptocurrency**^ **sherman**^ **congressman**^ **money**^ **dollar**^
so. government in a nutshell.
banks have always operated like a mafia. cryptocurrency needs to mature faster to challenge their supremacy. the first step is to get regulated by the federal government which will give cryptocurrency legitimacy and legally restrain pump and dump fucktards like elon musk.
good article. sherman is a weasel
banning dark money should be very high on the list of reforms this country needs to survive. until legalized bribery is dealt with, politicians will bend over for cash.
has anyone doubted this?
tried to be shocked but actually couldn’t. makes sense that he would be working for his biggest donner best interest.
congressman brad sherman, a california democrat
what an absolute piece of trash this guy is. as if the equity markets that he’s trying to steer everyone back to aren’t heavily manipulated by the banks and hedge funds. they’ve made a business out of ripping off the american retail investor which is why people started flocking to an emerging market to begin with
just when i thought california couldn’t get any worse tent city, high taxes, rolling blackouts, corrupt officials etc etc *if you live in california i’d suggest leaving*
we’ll that’s surprising! wait…no it’s not.
in other news, water is wet
although this guy is an absolute clown, we have insanely deep pockets from massive companies like fidelity, grayscale, microstrategy, jp morgan, goldman sachs, etc. regulating cryptocurrency is already a monumental task, but i doubt they would dare take it a step further regardless of media sentiment.
why is it legal for politicians to receive "donations"?
serious question: why is lobbying legal in the us?
he's dreaming. too many people and institutions vested
it's just one of all politicians.
next time have his name on the title.
this will not end well for his career
politics is only about self enrichment. look at how many times politicians flip-flop over the years based on who's paying them at that point in time.
his term ends in 2023, crypto support will continue to rise and hopefully by then, a decent candidate shows up and unseats him.
no way! you mean the banks are not just going to give up and let crypto take over? my life is a lie.
honestly as a investor myself crypto just duplicates marlboro bucks or coupons. where the are worth a fraction of a cent but still have value. as for the actual value of these things it is only a conspiracy of a foreign government to avoid the great banks of the west.
we need to ban “lobbying” and corporate political donations for the straight up corruption and bribery they are. also, boot this compromised, corrupt clown out of the party. the r’s might openly support and endorse this kind of corruption, but the d’s should not. god, i want national ranked choice voting, so we can make additional parties viable options.
isn’t this illegal? i mean how can he not get fired for this
anytime you see a politician actively campaigning against something, think of who would be against that act then automatically assume they are getting a payday from them. [example. llamas.](
well well well. this is a shocker
he is stupid to think he can shut it down, while rest of the crooked law makers contemplating on how they can collect their share in taxes on crypto transactions. here is their brilliance. they don’t do anything until it gets to a sizable market and somehow find a way of taxing. remember, internet sales were not taxed in the initial days until it became billion .
i'm shocked shocked i tell you
if we had term limits this would take care of people like brad sherman.
this article is ridiculous. this is not why he apposes cryptocurrency. 1. most of those are hedge funds. not banks. why would they care about cryptocurrency? many of them have decent sized investments in crypto. 2. banks don’t hate cryptocurrency. a lot of them are investing in crypto and blockchain startups. 3. banks like goldman sachs and morgan stanley make most of their money from wealth management, not typical banking divisions. the “big banks” aren’t just making money from storing your cash.
color me shocked, and someone should investigate the dirtbag.
the us senate is the best legislation money can buy.
this is the guy that also said during the [gamestop hearings]( "cryptocurrencies, if they succeed, will have unique appeal to only two groups: narcoterrorists and tax evaders."
lol just wait till you find out where anti-climate change politicians get their money… there’s a reason some people call america an oligarchy
hey i like brad sherman. he helped us with
not a shock. all politicians are owned. “we the people,” deserve a swiss style decentralized system where “we the people” have control & not asshat bought political douchebags. and that’s pretty much the lot of them.
these people have no idea about the concept of decentralization
lmao this guy worried about the money printer thisconnecting from his bank acct. the next shorts will be cotton and polyester so they wont have anything to print
more political scum on the dole, talks out of one side of his mouth but eats from his wallet.
how is that even legal? people get into politics as white collars and end up becoming millionaires because of such bribes 😑
he looks like a banker, smells like a banker and i'll fucking ignore him like he is a banker.
just look at that weak countenance
one sentence to reach conclusion crypto good, banks bad
guys, fee.org is a propaganda site by the koch bro. you should not use this shit. verify elsewhere.
annnnnnnnnnnnddddddddd cause its america, i guess he will get his way. cus old white money always wins. guess its over folks, at what point do we call this what this is? the end of a bull run, and maybe the end of all these cycles?
is he really exposed if everyone already knew?
if we have money that want to know where it is "so they know we are not doing illegal activities" is i believe the reason they use. can't control the peasants if they have money and guns.
should have put his name in the title. it took me way too long to figure out this guy's name.
who would have thought that politicians are corrupt and hypocrites...
i am jacks’ complete lack of surprise
she is running against him: give her likes and follows
he literally is a fuck face.
ah yes, donations and lobbying, aka legal bribery
what a absolute balloon knot.
who would have thunk it?
i never saw that coming.
all these old politicians don’t understand crypto. can’t wait for them to all leave office
taking financial control back from rich american ultracapitalist banking shills and their congressman lackeys is my main motivation to be here.
i wish i lived in cali to vote him out.
vote him out cali.
thats why decentralized projects like strongnode are really going to matter.
are those banks giving a bigger donation to my token evnt, vra, bepro, etc? they should pump my coins instead of a congressman. hahaha
big banks have more money than we do. politicians are crooked. and we are at their mercy when it comes to this basically anything that is not in their interest. .
wasn't he the guy that railed against the og bailout calling it "unjustified fear mongering"?
if you support crypto then you indirectly support criminals that use it to make anonymous black market purchases.
crypto the way it is now is pretty horrible for the environment though. don’t know why you would support it if you believe in climate change unless you are trading’t use many resources.
why does not crypto bribe him like big banks do? pretty sure he would take the money.
why does this guy say in a video one month ago that crypto like doge helps with terrorism and now he has his own aa coin on reddit? oh yeah money.
so if crypto is so perfect and banks are evil i would love to see how crypto will handle giving out loans and mortgages along with other banking services.
i respect his tax evasion argument. and the truth is, some people who 'run' crypto are scum. i mean the scammers who hide beyond their crypto anonymity in order to do you all over, and the cryptoinfluencers who will shill you all 500 cryptos in one year, regardless of where the market cycle is or who is paying them. remember, the perfect crim is invisible, has access to your money, and feels no social responsibility for 'others'. i do not think the crypto space has quite grasped yet just how destructive humanity is, when stripped of individual accountabilty based on social recognition. we are too high on making money. when the insane gains dry up, the crypto space will be better able to reflect on where all this is heading.
probably already posted, but what is it with weirdos playing financial gurus and not being able to keep their hair on their head? i mean seriously, who trusts any guy that looks like a rejected monk?
“i’d rather people play the lottery.” what a scumbag. anyone with a modicum of sense realizes the lottery is a tool to keep the poor impoverished.
just another paid shill
and unfortunately the people won’t wake up
there is a saying in my native language :" no hedgehogs is smooth " , meaning they are all the same , you may think at first this one is different but the days will show it is the same all around .
this guy looks like the poster boy of the r
yea if anyone is surprised by this sort of shit you haven’t been paying attention
i would have used a different c-word to ‘clowns’.
unfortunately this is viewed as normal and absolutely nothing will come of it.
the people have the politicians they deserve.
who would’ve guessed right?
what a meme face
in other news water is wet. *bot incoming*
i wrote him an email and basically told him to get fucked.
agreed! they're f***** douche bags 🤬🤬
what a piece of useless shit fuck this congressman.
exactly! democrat or republican, they are all the same.
he's pretty cheap too, only about .
getting into politics and becoming a millionaire by receiving bribes. how that is legal is beyond me 🤷‍♂️
politicians working for their donors is just a legal way of corruption.
sherman is also pretty dangerous for the crypto industry as a whole. he is always present in congressional hearings about crypto, and his testimonies are pretty much the worst of the industry packaged into a 5 minute segment, with a threat that the government must shut this space down. unfortunately, this kind of propaganda and lies win big with the media and most of his points become headline news by themselves. if crypto can really muster its legs, these kind of dinosaurs need to be voted out. the day a politician with anti crypto propaganda gets voted out by his constituents would be the day crypto has reached some kind of mainstream adoption.
those state-run lotteries are the worst. they claim to support a noble task, e.g. schools. and it would make sense to assume, that if the state budgets , than with the lottery profits , the school budget should be x+y (state budget + lottery profits). however, those states do not really care and still budget x for schools, just now they got part of that x coming from the lottery, so they reduce their own budget for schools by however much the lottery brings in and spend that money elsewhere.
exactly, people should be free to put their money where they want.
it’s funny because the same thing happens in the stock market. someone makes millions the others lose.
hey let’s donate to his opponent in 2022
agreed. many of his arguments also apply to investments outside of cryptocurrencies.
sherman is a typical crony enricher.
also, i know a few crypto millionaires, one of whom is a millionaire off his monero holdings, and the thought of any of them 'going on tv to say how wonderful it is' is fucking laughable.
the only difference between campaign contributions and bribes is legality.
does he talk about how big banks and hedgefunds are destroying good us companies through shorting, market manipulation and a shit ton of illegal means? he wants americans to pump more money in the hands of financial terrorists?
lmao. he's shilling equity markets where investment banks and hedge funds are constantly betting against retail traders while driving good companies out of business and people out of work. that's a hell nah from me dawg. the equity market is fubar. i trust crypto way more.
> and nine others do not retire in dignity.” i'm a millennial. if my moon shot crypto does not pay off, my retirement plan is to bleed out in a ditch while neoliberals like this guy do nothing but call the sanitation department to clean up the mess.
it’s so great that stocks aren’t volatile!
i am shocked. shocked i tell you.
"if one person makes a million dollars… and nine lose ,000". he's just described capitalism, good job guy.
the fact that he would have the gall to suggest the lottery is anything but a scam against the poor tells you everything you need about this guy.
look at the amc... how that is manipulated.
what hes saying, is that the stock market is rigged against the mortals.
let's skip all his nonsense and invest in the californialottery token
here’s the problem: we need to stop pretending that buying options (or honestly most shares) is investing in companies. it’s not. its making directional bets on stock prices. for example: let’s say i buy shares of microsoft tomorrow. that does not make microsoft a stronger company. it has no benefit to microsoft, they don’t even know it happened. it’s a bet i made on the idea that the stock will go up and someone will pay more for it in the future than i paid today, for whatever reason. it’s such a logical fallacy to lay out the argument the way sherman does, but then again, i wouldn’t expect a far-from-center politician from california to express much in the way of rationality or nuanced, well-researched opinion.
thats more of a wallstreet stat...is t that right, hedgies
>"if" 9 lose ,000? is that supposed to be a statistic? that cannot happen in the stock market? you either 10x in a week or are in because it is a long-term play based on fundamentals, it is known. that is until the j pow machine cannot continue to go brrrrrr which is hopefully when people who are sceptical will see the value of a decentralised currency.
>>“cryptocurrencies are highly volatile, so if one person makes a million dollars… and nine lose ,000, coinbase makes money, the millionaire goes on tv and says how wonderful it is, and nine others do not retire in dignity.” shitcoins that the only purpose is take money away from people will be the downfall of crypto.
also, if you can trade with bitcoin, then everyone can actually be winners. except for those who holds big stacks of fiat
watching people try to talk about things they do not understand is cringe. i bet he cannot even open his mail.
clowns are meant to make people laugh. sherman is a bought and paid for case of anal warts
lol "investing" in the lottery
gotta say whatever the common man can easily digest
>if one person makes a million dollars… and nine lose ,000 i know that this statement is stupid but i also know it will work on a lot of people.
exactly, calling lottery a reasonable investment is a total joke. it literally has a statistical negative return on investment.
clowns bro. circus and the lottery.
it's lobbying. the ability for anyone with money, whether that is an individual or a company, to be able to change the way a politician leans so that it benefits them even if it fucks over the majority of the people. it's been happening since the beginning of time. i hope crypto can play a rule in "burning" that "institution" to the ground.
when the economy crashes and the big banks churn money just to keep honey fat whale resembling politicians out of cell, everything is valid at that point
free, oh so free. if only people could see behind the scenes…
exactly. they don’t even try to be secretive anymore.
> but bribery is illegal but making campaign contributions is legal. what's the difference? legality, that is all.
lol second sentence gave me a good laugh
bribery is only illegal if caught ;)
and crony enricher. that's how they roll.
thats so ironic that he wants to shut it down, damn.
gotta catch em all.
now this might sound weird but hear me out ' most politicians are corrupt ' i know right. who could have thought of that
and the sec of course.
china has the other half
half = 99% ?
said no one haha
i feel like they don’t even care about hiding it anymore
they will be extinct soon as well
big money in politics is and will continue to be one of the biggest barriers to stopping changes which the majority of the us public want. over 60% want a ? sinema and manchin’s donors say no. want to cut back on fossil fuel use and transition to renewables? fossil fuel lobby says no.
bribing for better lawyers
the best politicians money can buy, and boy are they for sale.
it's certainly not dollar cost averaging.
dollar cost averaging lmao
he's a democrat (d) from california (ca).
the worst of the worst
this would be the top comment if it was (r-ca)
seems like good old fashioned to me.
that's what the party fanboys do not care to realize. all they care about is irrelevant social issues (yes, both sides) that have no impact on 90% of citizens life while the very future of the country is sold out form under our feet.
it's also in a dip.
dude, banks have literally been the right side of history for 300 years
nerds have knowledge on the subjects they talk about... that guy does not.
i just got curious and it turns out that where i live lobbying is heavily regulated. they have to thisclose all communications and activities, you also have to be registered to perform lobbying.
not all, some actually run on a platform of taking no money from corporate pacs and lobbyists. but the vast majority? yep.
he is a politician, of course he cares only about himself. cmon now. you are going to politics to serve the people you know. you being all the people.
i doubt it, almost ever politician is bought, this isn’t much different.
yea im wondering how they are supposed to shut down crypto too.
you guys elect the politicians, but the politicians have the power, sadly. it's hard to actually achieve anything.
sort things out *the american way*
it happens europe as well just in a more roundabout way.
water is actually not wet; it makes other materials. wetness is the state of a non-liquid when a liquid adheres to, and. so if we say something is wet we mean the liquid is sticking to the object.
the dollar is used more for illegal activities, so by your logic if you support the dollar you support criminals
no it does not, stop listening to media propaganda and do your own research, energy use for crypto is a miniscule fraction of what other similar services use. youtube alone uses 2-3 times the energy. i see no one complaining about it damaging the environment.
because most crypto’s are decentralised for one, satoshi isn’t going to be donating any time soon. also, it’s hard to match the money they are currently spending, wall street spent .9 billion on political contributions and lobbying for the 2020 elections. we need to start only listening to candidates who will not take any corporate pac or lobbyist money, they are the only ones who will fight for our interests.
crypto is a currency, not a lender……… “if hammers are so perfect and home depot is evil, i would love to see how a hammer gives advice on how to make an outdoor deck along with other building services.” herrrrr durrrrrrr 🥴
look at the demographics of who regularly plays the lotteries combined with the odds of winning and you must come to the conclusion that they are just a way to tax what is normally an un-taxable segment of the population.
well, the true way to spread fud is get down and dirty and throw the most extreme of insults; man's excelling at that
assuming 41,000,000 bought tickets and with a 1:41,000,000 chance of winning, that is ,999,999 worth of . fu k off parenting political person, i’m !!
and the state benefits a lot more from gambling taxes. in the end it is always about their income.
lottery: a tax on stupid people
as a non-american, i'm confused. how did the lobbying industry ever got so big? and why has not there been more push back or political will to reduce their power? how i see it, the only way to do that is to restrict the amount of funding politicians can get from lobbyists, or the amount of money they can spend on their campaigns (perhaps through the use of a fiduciary). so how can anybody hope that a politician would ever propose and get such a bill approved? it seems like a nightmare situation to me with no practicable solution.
nothing exclusive to the us. same happens in europe on eu and on country level.
though i agree with you in principle it does really suck for the people who know what theyre up too and still have to suffer under them agaisnt our will.
>if crypto can really muster its legs, these kind of dinosaurs need to be voted out. the only way that would happen is if we get crypto billionaires to buy their opposition.
i agree, and ultimately fighting crypto will not be easy. it's a massively profitable space and greed will make it hard to mess with it without a strong pushback.
he’s a democrat if cali. chances are he won’t get voted out anytime soon. most people in this country vote for party, not ideas or voting records. blue votes blue. red votes red. american politics are garbage edit: all politics are garbage
bigger crypto companies should come together to lobby just like the f’d up banks.
or just die out and get replaced by smarter better versions with our votes. millennials are scary as fuck because they are the voter base and need to act like it. boomers held this whole fucking world back long enough
yet, this is [the same guy who slammed the ceo of citadel]( who is one of the main miscreants behind the heavily shorted meme stocks. which lets be honest, the way crypto is currently trading right now wouldn't surprise anyone if these guys shorting these stocks, or the banks themselves, are the ones using crypto as a liquidity pool. i mean just look how cyrpto at times is traded in unison, there is no way retail can be that coordinated. while i do not agree crypto should be abolished, cyrpto needs some sort of regulation to prevent these same criminals, and brokers, from taking advantage of retail investors.
clearly he is a problem for crypto but i've seen him do other good stuff in politics. i know us crypto folks would love him gone because he hates crypto but we should not let someone who does not have the influence to get rid of crypto bother us.
crypto is more than just america. america is a very small market on the global stage. however, a thisproportionate sway on the market comes from these elected buffoons. it won’t last much longer and american politicians will realize how little influence they have on unregulated markets.
> with a threat that the government must shut this space down. if it were possible for them to shut it down, they would have done it eons ago. this is plain fear mongering and propaganda, nothing else!
this guy and anyone complaining about shutting crypto down are not a threat. not because they would be voted out, but because there is literally no way to "shut" crypto down. guys like him are just paid to put on a show and nothing else. it's not even worth worrying about.
how can you "vote them out"? if politicians are sponsored by corporations and banks, how can you get one that actually is there for the people? with only two parties and both parties having corporate agenda's because their only obligation is to their financial backers? maybe i do not see it clear as a "foreigner" but feels like a joke when looking at it from the outside that it is allowed for private sector to finance politicians. it's like legalized bribes. how can you not have a corrupt government with a system like that?
voting is for suckers. it will never, ever, change a thing. we are way past that point.
>if crypto can really muster its legs, these kind of dinosaurs need to be voted out. i heard a quote the other day about innovative. thanks to medical technology i fear we may be waiting a while.
even if he gets voted out, he’ll get replaced by someone similar. the roots of the fed and the global banking conglomerate are in damned near anything. they have held on to power for a very long time with little threat to their well being. they won’t go down quietly, if they ever do.
that is the reality of crypto
same with derivatives. no one benefits from a synthetic
the lottery is actually the worst form of “investment”. not only does it typically prey on those who can’t afford the money, the odds are infinitesimal of actually winning anything. it’s a state run casino with even worse roi than the shadiest casinos out there.
how is a lottery an investment? how can anyone regulating financial laws actually suggest investing in a lottery? find me any financial professional that would tell me to invest in the lottery. crypto may be risky, but it is still an investment and you retain something even if value decreases.
yeah, in both red and blue states it is used as an excuse to lower taxes or keep them artificially low, by having the poor subsidize necessary government functions.
crypto is one of the only forms of gambling where there is not a house that will always win. with crypto, even playing the shitcoin lottery; your payout odds might be over 1:1, and that is good enough for me.
i found his opponent here:
i am startled. startled i tell you.
took the word out of my mouth.
it's gambling for idiots
it's money being burned plain and simple
you realize pow crypto is a negative yielding asset as well right?
as crypto becomes important to people they will start demanding politicians voice their opinion on them during local elections. slowly but surely you'll get a base of politicians elected due to partially their stance on crypto
every politician that can be bought is available. you just have to be willing to pay more.
a man of culture, just wanting to see the circus on fire
imagine if there was mandated blockchain auditing for all congressional funding and spending, with complete kyc of donors. you know, what the irs basically requires of retail investors. wouldn't that be only fair? it's their own rules
when defi congress going to be invented? need to get rid of some of these dinosaurs.
they literally change the laws to their benefit all the time.
i'm imagining what kind of bank perks come with simply becoming a congressman, the possibilities are endless with the way things are right now.
it'd be great if his colleagues on his side of the aisle that are part of the 4% called him out. come on bern-dawg...
probably more even. i'm of the opinion there are no more than a handful of non corrupt politicians at any given point in time. and it does not end with congress. governors, state legislature, fucking police chiefs and federal agencies. bribery and corruption is almost entirely ignored in this country.
we can only hope then less congressional and senatorial campaigns bought and paid for by the big banks will make it. they are greedy af and are soon to be hit hard in the upcoming unwind of the market. so so much leverage and margin it will come undone fast.
bet he is up for the highest bidder
all jokes aside, it seems like politicians from safe voting thistricts always seem to be the worst possible pieces of shit. they know they do not even have to bother hiding how they fuck over their constituents.
modern republican philosophy is basically social darwinism, and libertarians are even worse in that regard.
yea, and there are no top comments giving the full name to this clown. >congressman ***brad sherman***, a california democrat get him the fuck outta there, primary or general idgaf.
ouchhhh thanks. i think this was a first for me :)
only because there was throughout this period no better alternative that could work for people without having to go through a bank
nice trying to pretend what i'm saying is not true by vomiting the word "racism".
because dollar has been around longer and because it is obviously a billion times in greater use. by my logic, dollar supports every philanthropy, non-profit, charities, food banks, etc... and we both know the online dollar can be tracked. the physical can be in certain instances. it's complicated, but your analogy is false.
just looked it up to confirm. if you think a single hobby in this world using more energy than a small country such as norway isn’t a lot, then we just have a different idea on what a lot of power consumption is. i also read somewhere else that bitcoin mining is about 0.5% of the worlds power consumption. and that’s just bitcoin, i can’t imagine what it is with all the other coins mixed in there.
so banks are still necessary?
what a reprehensible asshole. honestly, is not it crazy that this is normal for us? that the people that are supposed to *represent* us actually *rule* us like peasants. but if you look at how governments started out, it is easy to see there is nothing benevolent about it. it's a tool for the powerful, everything else is just decoration
“oh and btw i don’t play the lottery, that’s for chumps.”
yup. i know a guy who works for a state lottery. he told me in the richest neighborhoods some stores go weeks without selling a single ticket. in the neighborhoods police don’t patrol, they make their biggest money.
it doesn’t necessarily equate to stupid. millions of people don’t play the lottery day to day but when mega millions or powerball starts hits that 300 mil mark everyone starts throwing a dollar or two in. for some it’s that one little throwaway in the hope for riches, but for many it’s that ever so small chance of getting out of the rat race and not throwing 50 years of their lives away in thankless jobs. and in truth, if you are brought up in and live the most destitute parts of a country, it’s buying hope where there is none. don’t get me wrong, i personally believe lotteries are a crime and should be illegal, but it’s not just stupid people who play them.
not if you hodl btc and eth until you want your money. other projects are still very much in their development and growth phase, but anybody who bought btc and eth at any point during or prior to 2019 is up significantly.
yeah i never understood when people talking about lobbying like its a normal thing to do... in my understanding lobbying is synonymous to corruption or collusion
> as a non-american, i'm confused. how did the lobbying industry ever got so big? and why has not there been more push back or political will to reduce their power? money. the lobbying firms make more working for a special interest group or donor, and the politician makes more by getting a cushy, well-paid, private sector job when they’re out of office, by voting they way their campaign donors want them to. it’s a legal (barely) way to buy political influence, and the fat cats will fight to the death to keep it that way.
simply because the majority of voters vote out of fear, believing that either one of two candidates is a "choice' and that even though the parties that those two candidates represent have been in power for so long and been corrupted so wholeheartedly, people still believe that electing them over and over again will change anything... reminds me of that saying where you try the same thing over and over again expecting different results... can't quite put my finger on it now... it'll drive me insane thinking of it!!
because most of us americans are too lazy to actually notice any of this stuff and most people, quite frankly, just want to be told what to do.
happens across the world. for instance, in the uk political parties are sponsored. money = power
deep state is very deep. there is only one party ...they just play politics for show. the gov, big tech and global corps are all in it together to launder our tax money into their pockets.
there are two supreme court cases that are often pointed to. buckley v valeo, which removed restrictions on political campaign spending. and citizens united v fec, which ruled that corporations were people too, and also removed restrictions on donations to campaigns. there are some good ideas being put forward to overturn these rulings. for example hr1. it also includes voting rights laws and appointing an independent commission to prevent gerrymandering. unfortunately, the republicans are blocking it every chance they get. so i dont know how likely it is that itll pass.
you are correct. once it gets to this point, there is no practical solution because the inmates are running the asylum. term limits...never going to happen. restriction on lobbying...never going to happen. the only solution is to scrap the entire thing and start again. this time all blockchain.
because america is corrupt as fuck
supreme court decision called buckley v valeo. the court decided that money = speech, and after that barriers on contributions kept getting torn down. there are also no real limitations and regulations on post public service employment, so regulatory agencies have basically turned into paid internships for the industries they regulate.
canadian here and we have the same deal. the big western energy companies have the conservative party in their pocket, while the big laurentian companies of the east, mostly financial, development, and real estate, have the liberal party locked down. nothing any of them say is truth. they’re all corrupt through and through.
unfortunately you need a law to stop it. and the lobbyists persuade the elected officials to kill it. it is sad.
> and why has not there been more push back or political will to reduce their power? ask the conservatives on the supreme court that repeatedly overturn laws like with the [citizen's united]( ruling.
> how did the lobbying industry ever got so big? because half the country (ok, maybe ~40%) has been convinced by the far-right lies of the conservatives (including things like "trickle down economics" from the reagan era, as a big one) that any and all regulation is a bad thing. if there is no oversight, and just "free markets" (which, in the specific idealised form in which they get sold to you, are a fantasy), then this is what you get. regulate. things.
why do you think they all hated trump? he was trying to expose the swamp monsters
special interests fund them. duh.
the solution is a constitutional ammendment - the movement is called wolfpac: [
why would a politician choose to stop them getting paid and bribed - others wouldn’t vote for them lobbiests would push for them. the game is rigged sad but true
bingo. it’s like asking politicians to institute term limits. sooo... you’re asking me to vote myself out of a job? 🤣
like anything else in corruption, all it takes is time, money, and indifference. we allowed it to go when it played a minor role. now it plays so big a part that most of citizens just gripe about it but just shrug their shoulders and say “what can you do.” america won’t change until it has its storming the bastille moment.
the way it is now days is not what it was meant to be. it was originally a civil service aka no pay. you would work your normal job and legislate. now they are career politicians that need there donors more to make and keep there millions. us common peasants are just puppets so they can advance the ideas of there donors.
no, you got it. it’s fake ass “representatives” saying they represent the will of the people, so they de-regulate the internet, but that just means their telecom contributors can slow down netflix traffic unless netflix customers pay for an enhanced service. crypto is thisruptive. the banks and hedge funds are going to change the game in their favor or pay assholes like this guy to ban the game in the name of security. i bet half this revil shit is hedge fund guys.
the us needs more transparency when it comes to senators income, but more importantly, culture needs to change. people need to start giving a fuck about politicians participating in what is basically a form of bribery. however, this would require more than two major parties, because atm you can basically just choose whoever is "less bad".
some of us need to use our gains to get licensed as lobbyists.
hello, what can i help you with today?
true and its a global thing so if some countries ban it, others might use it and keep it alive.
democratic primaries in ca are a big deal. that’s the actual race.
partisan politics is irrational. you found out the hard way.
precisely why i am an independent. the amount of hypocrisy on both sides is laughable, and anyone who can truly stand back and think for themselves would file as independent. scary to think the vast majority are so quick to choose a side and stick with it as if everything on their side is correct.
you’re calling politics garbage while complaining about the power of legislation brought by elected officials. the reality is it’s folks like yourself who are so thisgusted by politics that actually need to take an interest in and get involved in politics.
not nz politics. sometimes local politics are great too
dino is an appropriate term. there are few progressives among california democrats. they're mostly centrist.
as long as they can keep people only interested in making their side win and not actually look what is going on, nothing will change. majority seems to only care if democrats or republicans win because the other side is bad mkay. all the while both sides only represent their campaign sponsors, neither care for their people. capitalism at its finest. freedom is a fiction. but hey, as long as them other side not win "it is fine". probably not as simple as this, but from a outside viewpoint, the system looks like a joke.
i'm shocked to see redditors upvoting an \*gasp\* objective post about somebody on the left. nobody tell r!
democrat loyalists will be fed his lies. i wish we could take party out of the equation.
people vote for whoever they think would benefit them the most.
who's voting what and what's voice counts? money backed by debt count you know all that monopoly money we own from working
its a real bummer. hopefully that changes soon because theres actually some pretty awesome independents that dont get a fair shot because simple people treat voting and poltics like its fucking sports.
>edit: all politics are garbage unfortunately, this is what it feels like. for me voting feels like choosing the "less evil" one.
there's this awesome new thing called primaries. you should totally check it out.
this shows you the ugly side, well ... there are not many beautiful sight to begin with
we already have that.
derivatives should have never started to begin with. it is just so effed up... yet they let those slide
the state: gambling is wrong, you idiots need to be protected from yourselves. also the state: unless we run the gambling, of course
will donate to her lmao
so if you buy 10 bitcoin. will you have less than 10 bitcoin in a years time?
i wondered how come someone so uneducated is posting here, then i saw in your history the reason : buttcoin ... so what made you so butthurt ?> tell us your story, do not be shy...
but they would have to fund the audits. corrupt politicians would not do that. and then after evil is found, someone has to fund the prosecution. corrupt politicians would not do that.
he's a congressman. it'd be aoc more likely.
i’m sure bern has called him out before
term limits yesterday please...
for the most part yes. there are some good ones that use their safe status as an opportunity to advocate for real change in politics, like ron paul, but in general they’re self-important cronies that are accustomed to the easy life afforded to the political establishment.
fwiw clov does not seem to be doing much better
this is a crypto site. to which i will say you are a fool if you support democrat.
thanks for not calling him grammar nazi and appreciating the correction :) you are a good man
yeah i'm still going to use a bank for majority of my spending
what does his ethnicity? what a brainlet take. shitty people exist everywhere. including you apparently.
that has nothing to do with the original point, proportionally the dollar is used in more illegal activities
since when was btc or crypto a hobby, it is a financial services system, already in use by millions of people to store. a hobby it most certainly is not, why not complain about youtube using 2-3 times the energy of a country like denmark in that case. after all youtube is nothing more than a hobby right?
yup and theres a good amount of people out there who are so brainwashed they actually think the state does everything for the greater good.
for us residents of the u.s. it unfortunately *is* pretty normal, since it is been a thing since the 19th century. it still feels like legal bribery, but it is the norm
i pay you, you do this.
take the bad players and the ability to pump ridiculous amounts of money into campaign coffers that has given lobbying the bad reputation. it’s like the shitcoins and scams that give crypto the bad reputation. anyone who spends time and resources advocating for a policy is a lobbyist. there are lots of good people and players out there, we just love our salacious news here in america.
wait wait wait. they can keep the campaign money when they retire? are you kidding me?
they have not any idea of what they are doing or they do not understand the thing it is
unfortunately, this is true. most people just do not care when their politicians do stupid shit - but then complain when taxes are raised to pay for their stupid shit.
thanks for providing those supreme court cases. i did some reading up and it seems like the justices equate corporations with individuals and political campaign spending to the right to quality expression. maybe it did make sense back in the 70s, but i do not think we can look at megacorporations the same way we look at individuals now.
people wanting to fill their bags are everywhere whatever political party.
please...it is not about republicans, they all are in collusion. nancy pelosi and her merry band of corrupt assholes all talk a good game about how horrid the red guys are but behind closed doors they are all backslapping, drinking champagne, eating caviar and laughing about how they all screwed you and i. belive it.
**[citizens_united_v._fec]( >citizens united v. federal election commission, 558 u.s. 310 (2010), was a landmark decision of the supreme court of the united states concerning the relationship between campaign finance and free speech. it was argued in 2009 and decided in 2010. the court held that the free speech clause of the first amendment prohibits the government from restricting independent expenditures for political campaigns by corporations and committees established for the purpose of fundraising (pacs). ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
>regulate. things. homie you're in the wrong space to be spouting off your authoritarian bullshit.
the crypto industry has a huge lobbying group, cci. they’ve got deep pockets too, thanks to coinbase and fidelity.
that's a good start.
yes. can you buy all the pro-crypto opponents to the sociopaths currently in power? we'd appreciate it.
that's the thing. you can ban it in a country... but can you really? crack is illegal too but somehow people find a way to get it.
there are countries like el salvador and dubai where people can spend bitcoin as if its real cash without the fear or establishment or an institution like fed. in the long term, more such countries coming up (and fear of mass exodus to those countries by other govts.) will ensure that bitcoin will thrive in those other countries too.
not only that, but if you ban it you can’t tax it…...
really the only problems with crypto are the scammers. you can protect yourself to a degree but not from tether. i still have no idea why no one cares about them. their coins provide 70% of the liquidity in the crypto market. when you give them a dollar for a coin it goes offshore into their complex shell companies. and you get a bitcoin or alt coin with the fake coin. tether steals every fiat dollar out of it and even tells you so if you look at their paperwork. this makes every crypto a ponzi. when the government . it will happen in one day. no one will give you money for your coins. i'm still in but this is an incredibly serious issue. bigger than any other.
and a lot of major countries don’t like to see others making big money without getting a piece of the pie. might reverse decisions down the road that proved themselves to be mistakes.
that’s true. if he’s gonna be unseated that’s the most likely scenario.
the smaller the race, the more room there is to win. that's where we want him replaced.
yeah but at least you always know who to vote for without having to even think about it or learn about anything. seems like a good trade off edit: looks like somebody doesn’t understand sarcasm lol
same. some people treat poltics like sport.
nothing is legislated anymore! the political class continues to carve out more and more executive privileges for themselves to enact edicts against the population with impunity. we haven’t legislated in a decade.
progressives want more gov't control and power, not less. let's not pretend that progressivism would be pro-crypto by nature. crypto represents everything it is not.
anti-cryptocurrency is wholly consistent with democrat ideals. they prefer a large federal government with more central control over money. crypto is a nightmare for them. most of them would vote alongside this guy when it comes to crypto but since it broke into the mainstream, they haven’t been as vocal about it because it could hurt their chances with younger voters.
i think it was penn julette that said a two party system is only one party away from a dictatorship. i’m ok w parties i just wish we had more than two that aren’t both complete jokes
and usually receive the exact opposite.
i also agree there have been few decent ever after franklin roosevelt, teddy & williams as franklins vp
way to be condescending. ever hear of uncontested seats? but you’re right. our political system is just fine
while i agree with ths sentiment, this argument holds up for lottery tickets as well.
you will have 10, but there will be more bitcoins in circulation next year (at great financial cost) so each one is inherently less scarse.
i own some crypto, but i enjoy watching the delusions on this sub. bitcoin maxis are particularly entertaining
it has the risk of being politicized - i.e. one party becoming pro-crypto, and the other against. by throwing free market together with social conservatism, and social liberalism together with fiscal authoritarianism, powers ensured that people who want freedom (social) are on opposite sides of the fence, thisliking and fearing each other.
the house and senate both comprise congress.
why? is crypto inherently incompatible with socialism?
i think i've seen a meme last week addressing this, it was with a rent too damn high guy.
check in after a few years when your bank tells you its not safe for you to buy a chewing gum
keep trying to divert. maybe people will stop noticing the recurring pattern i've pointed out if you just keep trying.
where is your source? the burden of proof is on you since you can track online dollar transactions. if the dollar was in widespread use for illegal activities then money laundering wouldn't be a thing. how could you accurately know if crypto is used for illegal activity since the transactions are anonymous? the honor system? 😆 what percentage of ransomware attacks request online dollars? o%
i’ll just put my edit down here instead. just because something else is worse, it doesn’t mean that the original thing we were talking about can’t also be criticized. if person a robs a store and person b kills an innocent civilian, they should still both get punished for their crimes. me not mentioning youtube or any other power hungry service does not imply that i do not care about it too, but this is a cryptocurrency sub.
true. don't expect people to learn to criticize the government in public schools
"call your representative!" is still thrown around, usually by older voters that do not understand a representative can literally just say "thanks for your input, but that does not fit the interests of my constituents at this time", aka a soft "fuck off". those "constituents" can mean anyone, not just voters. often it is companies that stand to gain something. it's pretty clear to mostly anyone under 50 that our representative democracy is not really all that representative anymore, and unfortunately can only be changed by those who do not want it to change. smart contracts enable more direct democracy, simply put. and that is a threat to our corporate-sponsored legislative body.
yeah, i mean there is the general definition of the term "lobbying", which includes any form of advocacy that aims to influence policy, like you pointed out. but then there is what 'lobbying' has come to mean in places like america, which is special interests (usually corporate) legally and openly depositing funds into legislators' pockets in exchange for votes.
are you serious? these people are straight up criminals. they do what they want. once in a while they throw one of their own on the fire to keep the plebes thinking that they have some bit of control but that is it. 99% of the time its "open season" on corruption. all the alphabet agencies are corrupted, they all work together to grift the world.
they can also lend money to their campaign and pay themselves back at very high interest. easiest way to turn those contributions into income.
i am pretty sure they understand very well, unlike the public
the guy asked what caused the thing. i explained what causes the thing. if you're too jacked up on the fantasy of libertarianism to understand the mechanisms in play, that is, ironically enough, on you.
every economic segment nowadays is pure and simple lobbying
xrp is being investigated by the sec on some bullshit charges and you can still buy xrp in america.
so is meth and opiods
exactly, they should know whatever they will do, they cannot stop it.
that's because of crypto, drugs and other bad stuff exists because of crypto, we must ban it!
i don’t understand when you say every crypto is a ponzi. could you explain yourself or at least give me some keywords i can use to do some research with? i’m a crypto investor and i would appreciate an explanation. thanks.
he's one of those scumbbags, corruptions at its finest
lol you might as well make this a copy pasta where you replace anti[-cryptocurrency] with a random word generator this is so shallow. seriously try it out. think of a random word and switch it out with crypto there. then try the same and this time change (democrat) to (republican) and (large federal government) to (more law enforcement power). the truth is of course a lot more nuanced and most politicians, like most of america *and this sub* barely understand what crytpo currency is. this guy is a democrat but all the big tech companies are in democrat thistricts too. they like whatever is good to their constitutents. this guy has banks. ro khanna has silicon valley.
neither party cannot stop debasing the us dollar. tarifs are large government waste.
i think what he means is that they are just 2 sides of the same coin. whichever party is in power, the elites profit
this is incorrect. except for occasional true-believer-libertarian wako (e.g rand paul) or socialists (e.g. bernie) both democrats and republicans like big government; but just concentrating on the stuff that benefits them, which is, basically, whatever wall street wants, which is more money. some old-timey republicans might say they like small government, but that is what we refer to in politics as "a lie." thus, for the majority. if wall street can make money on crypto, they will be for it.
theres actually some alternate parties that are pretty great and make alot of sense but people get trapped in to thinking their vote wont make a difference so they might as well vote for the lesser of 2 evils in their mind instead of "wasting" their vote. that and the people who treat poltics like sport and always vote their "team". i dont think its fair to call them jokes its just the system is rigged agaisnt them. but that is a brilliant quote.
yes and no. its nice to see some pushback agaisnt the banks but lobbying as a whole is gross and just bribery with extra steps.
in australia a little over half the lotto money received gets payed out as winnings to players (yearly spending average). that would be the same as buying 10 bitcoin now and only having 5 bitcoin in your wallet in a years time. -50% return on investment is a terrible suggestion for a investment, so i stay very far away from the lottery.
good thing there are only a fixed number of lotto tickets and they cannot print any more. s/ but seriously, there is not much of a debate here. historically bitcoin value has increased over time. lotto tickets only give you back around half as much as you put in historically. so unless you are proposing that either of those two are going to change soon, i know which one is the better investment.
mhm. yeah, people just want to help out and make sure someone does not make the same mistake again. it's really annoying when people shout "grammar nazi" unless they correct stuff like punctation, visibly typos and uppercase letters, which is annoying.
i left us bank because they said ,000 was a lot of cash.
at one point the people will have two options: put money in a bank and if you’re lucky you can earn interest that barely beats inflation (probably not amirite), or put money in a cryptocurrency based system where you’ll likely earn much more. people will choose the system where there’s more money to be made… it just has to be a more stable system than the current options in the crypto space for it to be adopted by the masses. maybe people will wake up to the fact that defi and becoming your own bank is better for various reasons too… the banks won’t be able to keep up at some point, doesn’t matter how many 🤡🤡🤡 they bought in the american congress
come on man... you cant make such broad generalizations about an ethnic group.
>how could you accurately know if crypto is used for illegal activity since the transactions are anonymous? the major cryptocurrencies are not anonymous at all they are psuedo-anonymous while physical cash is anonymous. the fact that you said crypto are anonymous shows you really are ignorant most major cryptocurrencies have a ledger which tracks all transactions to and from any wallet making it a lot more visible than physical cash.
yeah no kidding thats a big reason i hated school its just a bullshit place where they teach you to be told what to do. so i left and finished high school at a college(which still wasnt perfect but it was far more about education) lol.
never ending chain of corrupt filth, voted for, by the never ending chain of subserviant dumb sheep.
exactly, they are many ways that they get around the "rules". rules are actually only for you and i, the stupid fucking plebes. another nice way the screw everybody is that they are not subject to insider trading laws. you might recall martha stewart getting thrown in the can a few years back for trading stock on inside info, well those bastards do that day in and day out with impunity. they front-run your trades and take your money in doing so...all legal since they make the fucking rules.
its true the feds are just enforcers for a corupt and thisgusting group of people. unfortunately i dont think it can be changed without violence(which would be bad for everyone us and them). idk maybe itll change peacefully i sure hope it does but idk.
i hold xrp and am very well aware of the sec lawsuit. i'm pretty sure they are gonna settle and xrp will inevitably pump with multiple relistings
it makes me worry about coinbase too. it says in tether's paperwork that you are not allowed to work with them if you are in the u.s. it is pretty crazy.
it is really simple. tether is the backbone of liquidity in the crypto market. tether is also part of an exchange called bitfinex and 70 percent of bitcoin is bought with it. they are the largest part of the crypto ecosystem. tether is supposed to be a "stable coin" meaning you give them one fiat dollar, they burn the coin and give you . tether should keep your dollar in the bank but they do not. so the tether (with no value) is given to xyz coin and you hold it. that is not backed by fiat money. in other words teether prints as many of these coins as they want and they keep all the money. as long as the market is high no one will notice but if the market sells off to a certain level it will be exactly like bernie madoff's scheme. the people that get out first have their money but when all the real money is gone from the market and you try to cash out of any coin you will think you have money but you really do not. this is the biggest scam in financial history. **
i didn’t say this as a jab and never tried to claim it was deep. it’s a high level, basic view of democrat governmental philosophy. and of course you could claim nuance all you want but the democrat party, on the federal level, votes in lockstep more often than not. it’s not super common to have people stray from the party when it comes to votes.
i’m not gonna deny that many republican politicians would do the same thing but on a fundamental philosophical level, republicans are typically conservative, which economically speaking means typically less top-down control. democrats are not. another way of putting it is that a democrat being anti-cryptocurrency is *consistent* with typical democrat governmental philosophy. a republican being anti-cryptocurrency would not be consistent with typical republican governmental philosophy.
theres nothing wacko about supporting personal freedoms and opposing excessive state control. also rand paul is more of a republican. his dad ron paul is like king libertarian though. other than that agree with what you said. both parties are trash and only do what suits them best.
elizabeth warren called for a crypto ban. and if you’re trying to say donald trump is *the* mouthpiece for republicans, you’re insane.
i was talking a little more granular here. if i buy 10 bitcoin today i can have 10 bitcoin in one year. if i buy 10 lottery tickets today i can have 10 lottery tickets in a year. the practicality of each investment is a different argument, but still having 10 bitcoin a year after buying them is not that much different than hanging onto 10 scratch offs for a year before scratching them.
i didn’t compare to lotto tickets. the fact that btc has increased over time does not change my argument. just means there were people willing to pay a higher price. you will never receive a dividend from btc
most people are still going to use banks for everything... till one day, they do not. the banking industry is literally drunk on power. they can cancel anything they want to, and no one can question them. this level of unchecked power is no good in a society. on top of their power directed at the people, they can buy out legislators and get protection from crime. till cryptos came along, you needed a bank for almost every financial transaction. from receiving your wages to savings to loan to card, spending. now? one can legit have a chance at living without a bank account, although its still a bit hard to do. after 5 years? who knows
maybe more context is needed? plenty of people pull out . it's not a large amount at all.
come on man, you can certainly recognize when a certain group of people are consistently involved in certain activities. not a lot of nigerians in the italian mafia.
the first article is based off a report by a company (chainalysis) with a business model centered around cryptocurrency. this would be like asking tobacco companies to produce a report on the dangers of smoking. they're not going to undermine their business. the second and third article, again, are based off a company (messari) that provides services around cryptocurrency. not to mention, they are 2 year old articles. >the fact that you said crypto are anonymous shows you really are ignorant what? the buyers are anonymous. this is not my opinion. you can easily hide your identity. this is why it is solely used by ransomware attackers. why are you comparing physical cash to crypto? they have different functions. the comparison should be between digital dollar and crypto. there is no physical representation of crypto. if you are arguing that we should live in a cashless society then that is an entirely different argument. also, i think you misinterpreted my first point. because cash has been predominant, a majority of criminals are using it compared to crypto since crypto is new and has a small user base. your argument assumes cash and crypto have the same criminal user base and that criminals rather choose cash over crypto. look at it this way, the average person in any country would have no idea what cryptocurrency is, let alone how to use it in their everyday lives. even if i accept your argument that proportionally there are less illegal activities with crypto, that does not change the fact that crypto makes it inherently easier to pay for illegal activities.
*teachings of satoshi, 3:18*
what do you suggest as a change ?
the sheep who think trump is bad because that is what the elite shepherds told them...but who was it that was trying to expose all these swamp monsters?? oh yea, trump was.
as long we we stay infighting and root for our politic team, doubt that'll change. if everyone took their money out of the banks for 24 hours...now that would be interesting.
thanks for responding to my question. i watched both youtube links that you sent. here’s my rebuttal. first up, “tether is the backbone of liquidity on the market”, wouldn’t this come largely from china where there’s a larger population? “this makes every crypto a ponzi” - i still don’t understand how this can be true? for example, some altcoins with large blockchains behind them, i.e., cardano, algorand, stellar, ripple etc., are being used by governments to create their own cbdcs, most notably algorand and stellar, so i’d assume their crypto are not going to get banned by governments. in relation to one of the youtube clips you posted, it seems correct and logical to me also that governments would crack down on crypto all together (some countries already have), but i see no reason why they wouldn’t allow some cryptos to exist in parallel, while governments around the world implement their own cbdcs. (i don’t like this option either, but i think it’s probably inevitable). so if the governments themselves are using companies such as stellar and algorand to build their infrastructure for their cbdcs then why would they then go and ban the cryptos from those very blockchains, when the cryptos associated with those blockchains are a necessary part of their systems. it seems to me that they would allow them to exist in parallel as long as they don’t get to dominant, but please, prove me wrong here. if i want to cash out my altcoins, i can sell them for euros on an exchange (i live in europe). where’s the problem? i mean, in regard to the clips you posted, it was pointed out that governments could, in theory, ban cryptos, and make it illegal to cash out, but he didn’t assert that. he just said it was possible. personally, i don’t think it will happen for the reasons cited above, plus any profit made from a sale falls under the capital gains tax, which in turn benefits the government. i’m not looking for an argument, and i’m genuinely interested in what you have to say in response to this comment. i’ll appreciate any further comments.
tether’s mcap is 64b, bitcoin’s mcap is 742b, crypto mcap is 1.45t. is tether a dangerous scam? probably. is tether going to crash all of crypto to 0? no, don’t be daft
> it’s a high level, basic view of democrat governmental philosophy. maybe if you're 14. > on the federal level, votes in lockstep more often than not. compared to who? republicans? because that is not true at all. and when they do mostly vote lockstep its because republicans *always* vote lockstep. that's why a two party system has been around for 200+ years and its gotten worse over the last 20. what they aren't going to do is take their que from this random fuck in california for no reason.
a bitcoin has a value and is used as a currency, a lottery ticket isn’t.
i hope kash.io changes that. i'm not a fan of how you have to register via gmail.
sure i can, but i would also point out it would be rude to assume every italian is a member of the mafia, no? is not this what you're doing now? genuine question
satoshis 3:16 says i just whooped your fiat.
better education… oh wait…
yeah it would be wouldnt it. youre right though its the old devide and conquer the elites have been using that tool forever. the only poltics i support are the ideas of personal freedom and bodily autonomy well and not violating other peoples rights.
we have to stop using their money, that is it. that's all that needs to be done and the ship will right itself given a bit of time.
well first i hope that i am wrong here. crypto was fine as a money pyramid (this is what gold is} but gold is backed by fiat. because of the relatively new tether or teether as i put in the title lol all crypto is now part of a ponzi scheme. in the crypto ecosystem tethers are being used at the amount of . say i have 10 million in doge. i swap to tether to grab bitcoin. the moment i do that 10 million in bitcoin is now worthless. it goes on and on. also tether and bitfinex pretty much can buy as much coin as they want and change it out to fiat. which trust me they are doing this and they will not get into any trouble because they tell you exactly what they are doing. again when the banks thiscover this there is no way in hell that they will fund any more exchanges. they do not care about pyramids only ponzi's. all coins have to be backed by real fiat or they are worthless.
i do not think of this as an argument at all. i'm encouraging people to prove me wrong and so far, sadly, it looks like i am correct. i do not want this to be the case but it seems like it is.
why on earth would you just look at their current market cap? please explain. i do not think you understand exactly what is happening here or the gravity of it. the exchange amount is the only amount that matters. the 64 billion market cap is just extra fake money on top of the 70% exchanges that were already done and still being done now. 70% of that 1.45 trillion market cap is fake. tether "burns" the token after the exchange. it does not add to their market cap. also i do not think the banking system understands this yet either. once they do, why would they continue to fund exchanges? the only way to fix this is for everyone to take a 70% hit on their portfolio and get rid of companies like tether, otherwise yes it will go to zero if you fall into the "greater fool" theory and do not get out in time.
what is with the 14 year old accusations? i’m 27 lol. how is that not an accurate 50,000 foot view of the overarching ideals of the democrats? i am happy to be proven wrong. but again, they like more federal power, republicans like more state power. democrats like centralization and regulation. republicans like decentralization and deregulation. again, speaking generally here. i am sorry if i offended you because you vote dem and this doesn’t describe you, but i’m not attributing anything to the voters of any given party. i’m talking about the politicians filling those roles.
your bias is glaring through.
like i said, the practicality of them is a different argument. i was just stating that bitcoin retaining value measured in itself for one year is not a good argument. that is true of most things semi durable and almost every cryptocurrency. if i have 10 rocks, one year from now i will still have 10 rocks worth of rocks.
no. another italian caught in organized crime, you'd be right to assume mafia. another jewish politician rubbing elbows with banks is typical and should be talked about more because it happens often.
yes, protecting personal freedoms is paramount. but going back to the idea of a bank run or a mass withdrawal movement, the feds would def step in and regulate. but the steam populist financial movements have been getting with crypto, meme stocks, etc. i think some similar tactic could be used for an anti-corruption movement. the answer very well could be crypto but will needa much larger presence and acknowledgment that our system is indeed corrupt to spark a grassroots movement.
so, can you prove me wrong then? countries are using the blockchain companies to build their cbdcs - algorand and stellar. why would governments ban crypto if they themselves are using said blockchain companies for their own cbdcs? yes, it’s true that crypto currency is only one small application of the blockchain, but i would like you to provide me with a counter argument.
and this is the big lie you've been told. i got a newsflash for you bud. republicans fucking love big federal government for everyone except large businesses. what to do with your body? they want government up your holes. who to marry? huge government. tariffs against goods that compete with their hometown competitors? more federal government please. money for cops and military? give the federal government whatever it wants. you think they want currency floating around they cannot control the source of? kinda sad your 27 and still think "generally" the two parties boil down from a "high level" "democrats federal government good. republicans state government good". again the tech companies, the tech start ups, the places with all the cryptominers and whale traders all live in democratic thistricts. just because democrats prefer a more regulated monetary policy does not mean they are anti-crypto. not how that works bud. further more your whole original statement makes it seem like this guy just gets to introduce a stand alone ban crypto bill and it will get considered all by its lonesome to go all the way to a floor vote and the whole democratic party will just have to agree with it because another democrat introduced it. this some real high school level talking points you got here.
reality has a liberal bias. what am i supposed to submit my comments to a peer review board so they do not offend you? this dude out here saying "trump is not the republican party and the republican party is the party of small business" just like all the other little closet republicans that just want america to forget the past 4 years. you're showing your bias too.
where is this? check if they broke any data protection laws... and fucking sue them.
lack of privacy is making my blood boil.
can’t have hiv and be a teacher? what is this, the 80s?
this is not a problem about which currency you use. this is about institutions that do not trust at all peoples and do not respect your privacy. in italy the bank employee would be in serious trouble
no offense (genuinely), but this sounds like a non westernized nation. there is no way this should be allowed. what country is this in op
holy shit man, well so much about privacy...
if this happened in the states you’d be a millionaire
this post highlights the problem with almost all cryptocurrencies. using fiat, your bank can see your transactions and see where you work (earn money) and what you spend money on (in this case std clinic). with most cryptos all of this information is in the public domain. all they need is your crypto address (and any time you spend your crypto, you reveal your address). buy a coffee? cool, the barista can see that you have a premium pornhub membership.
‘you can’t have hiv and be a teacher’ ?? why on earth not? unless you are teaching your students intravenous drug use or showing them how to have unsafe sex by demonstration i can see no reason why. it’s the country you’re in that’s at fault here, not the currency.
how is this legal for the clinic and bank to share your personal information? and how does crypto solves this if all transactions are public?
anytime you take a medical test you’re likely giving them your personal information anyway. this isn’t a crypto problem, this is a massive issue with how medical privacy seems to work in your country. can’t have hiv and be a teacher? wtf? that sounds like something you’d hear in 1990 when nobody knew what hiv.
this has nothing to do with crypto. however, your bank calling your employer and telling them sensitive information like this is very bad. this does not seem legal to me. at least, it wouldn't be legal where i live. but this seems to be about medical confidentiality laws. i do not see crypto having anything to do with this.
this is so sick and twisted... there is literally no way you could give hiv to those kids and it is simply noones business... god, people are backwards and stupid
wow i'd sue the bank, the school both. what the actual fuck
this is the most saddest shit i ready all day and the day just started sorry to hear how youve been treated man thats not cool
are you working in s. korea...?? there is not really any concept of privacy for personal information there... a friend of mine was working as a teacher there and tested positive for an std on his health check... the hospital called his school before contacting him with the results and he was fired immediately.
if you do not mind, what country do you live in?
requirements like this are a great way to reduce your hiv testing rates, ans it is the same with covid. people avoid getting tested as much as possible.
lol. this is pci (payment card industry) violation. whatever your local laws are, if your bank accepts visa, they violated regulatory compliance agreements. you can sue them. also, if you live in the us, eu, or canada, what the school did is illegal.
they want your tests, tell them bugger off.
took me a minute to realize where the story was going. not thisappointed.
yeah i dun goofed once when i went to the local tiddy bar with friends to celebrate marriage and got drunk and paid for a round with a credit card because the bill was really high and did not have enough cash. bank confidentiality? my ass. same when i had a bad amarillo from a too strong joint my friend shared and went into er. damn small cities man.
unless the teachers are banging the students it does not make sense no, and if that were the case that seems like a far bigger issue than having hiv, that is some weird regulation you guys got there
are there no data protection laws in your country?
no idea why it’d be illegal to be a teacher with hiv. probably the same kind of place where it’d be legal for a bank to make a blatant invasion of medical privacy like that. either way, i think the problem isn’t so much the bank—the real problem is the laws in your country (i have a hard time believing this is a story from the us).
but... the ledger... is public. damn this sub is fucked.
wow! talk about stigmatising and invasion of privacy! are there any other thiseases of illnesses that preclude you from teaching? this is seriously fucked up; we're in 2021! not the 80s, living through grim reaper ads
\> you cannot have hiv and be a teacher what... the... fuck.
that's an insane violation of privacy.
why could not you teach with hiv? not like your fucking students and it is not airborne or anything. makes no sense imo
i always pay for my hiv tests with monero and demand the result be uploaded in a smart contract as an super rare nft that i buy from myself to pump the value of my hiv-nft while laundering
"...you cannot have hiv and be a teacher, which i understand, i guess." if you're not having sex with your students or other faculty, then why would it matter?
this tremendous breach of privacy sounds illegal. where are you located?
you need a new bank.
hiv test: negative card: \*declines\* doctor:
people in the us bitch about it being against hipaa laws for a restaurant to ask you if you have been covid vaccinated. but this right here is the real reason hipaa exists. to prevent a fucking bank from revealing your private health information to an employer.
this is not a crypto matter. while it could be solved with crypto, that is not the issue.
but why r? i think it should be other subs, no?
i'd be getting a hold of a lawyer reeeeel quick.
while it is okay to like crypto, this would be a violation of privacy laws in any western country. not sure where you live but you needs laws to protect people first.
this is exactly why a central bank digital currency or facebook"s diem will be a thisaster for americans. they'll know everything about you, and have the ability to go in and take your money if they want to. real big brother 1984 b.s.
privacy has been dead for years , today if you want privacy you go off the grid and live in the mountains
making teachers hiv negative is fucked. the only way to give it to your students is if you fucked them. are teachers fucking students in your country. don't make this about bitcoin. make this about your countries laws being fucked up
in the us it would be a hippa violation. you have to consent to releasing any medical information.
one word for ya: monero.
shit like this is why we need decentralization. that’s a straight up thisgusting intrusion of privacy.
what country is this?!
glad your negative op. that is a serious breach of trust from the bank. is there a law in the country that they need to do something like that? if not it is probably time to shop around.
man, you need a new country.
that's mental. i'm guessing any country that enforces such ludicrous policies in the modern age is also one that has little to zero recourse for the flagrant abuse of your human right to a private life. the schools policy does not overrule your inalienable right to privacy. i'd be looking for a pro bono human rights lawyer to sue the living shit out of that bank tbh.
“the doctor takes your blood and shakes it around for 2 minutes and then signs a piece of paper” wait... what? please elaborate on this. is this an actual doctor or a technician?
your bank know too much about you
thanks for reminding me i should pay cash for such things lol
so, the bank now gets to share transaction information. of any kind. any time. no parameters. excellent.
can you believe some people want to put their medical records on the blockchain?
no idea what country you are in but god damn this is fucked. first of, the way you just accept the fact that you cannot have hiv and a teacher. dunno what the laws are in your country, but this is ridiculous to me. and then there is a bank employee, calling your employer to inform them that you have had a test done? i would be suing the ever-loving shit out of my bank, and win with the worst lawyer in the country representing me.
this is another example of why we need decentralized identifiers like what r the data industry needs to change and turn to the user's safety and control, this is ridiculous and i hope it would not affect you more...
the first thing you do should be closing that bank account at the earliest and opening an account elsewhere or at least writing a letter to them reprimanding them for violating your privacy!
why would you not be allowed to be a teacher if you have aids in the first place?
more likely the clinic reported it than some convoluted bank transaction scan.
people do not realise, but crypto is actually most centralised it has ever been. yes, you may not have to enter your own details when you making a wallet for crypto , but every transaction is easily back traceable and your bank is linked to the exchanges you trading your assets at. stop acting like it is "decentralised" when in reality it is regulated. in my country you have to pay 30% of the income you make by trading the crypto and it is in most of the europe. if i want to trade larger volumes i have to do in depth verification of my account with passport and selfies, plus voice calls. actually do some research on that.
oh this would be illegal on so many levels in most of europe.
why on earth would you not be allowed to be a teacher if you have hiv? you aren’t having sex with students or making them drink your blood, so there’s no risk of transmission?
in america this would be 100% illegal (criminally so) and you would be making mad bank by suing both the school and the bank
ehmmm... i do not get it, why cannot you work as a teacher if you got hiv?
>which i understand, i guess. i do not. if you have hiv and you take your pills, you cannot pass the virus, not by blood, not by sex, not by anything else. the fear for hiv has turned it into some sort of thiscrimination against those who have it, which is quite sad. what happened to you is a straight attack to your privacy and an attack to logic.
hiv status is none of your employers business, period. there’s no reason someone with hiv shouldn’t be able to have a job in whatever field they want. fuck that financial system, and fuck your country’s labor protection laws.
can confirm that it happens in the us as well. long term thisability insurance company calls me and tells me that my coverage got approved, but it was due to mental health issues. they ignored my overwhelming physical thisability because they only have to pay out a maximum of 24 months for mental health claims. how convenient for them. i began to protest over the phone, and my examiner started repeating back to me things i had said to my therapist, very specific and private things. i took it as he meant for me to take it: as a threat to expose my private struggles if i decided to fight the decision. rather than summarize and provide the bare minimum to protect my privacy, my therapist instead had handed over my entire file to an insurance company whose sole intent is to deny my claim. my therapist weaponized my mental health history and delivered it on a silver platter to my enemy, and they ran with it. confidential medical information is not nearly as confidential as we think it is.
imagine thinking the west is trash while living in a country where your bank tells your job what you spend your money on. this is a big ass yikes.
"oh, you thought "contact tracing" was going to end with c0vd19? sad, sad, sheeple". bye-bye patient. bye-bye personal privacy.
hire a lawyer and sue
how do they know what the purchase was for? surely you just have doctors reference on the transaction details, not the service being paid for. this does not seem to be correct for payment processing
this has nothing to do with decentralized currency at all or crypto currency. the bank should not have the right to do that ...and your country sounds fucked.
i was actually thinking about something very similar earlier today. and right now, it can be a great case of crypto's adoption. there are so many adult content sites like onlyfans, manyvids, clips4sale etc. where international payment is a hassle and most people do not want those purchases on their credit cards (friend of mine told me). i was thinking about how easily monero solves this problem. if there was a platform (built on holochain say :-) ), which accepted monero as a form of payment between the content-creator and consumer then it solves one of the most prominent problems for these adult-content websites. absolutely decentralized, untraceable and no dangers of getting doxxed whatsoever. ' the only issue i can think of is how the said platform would deal with taxes and such because from what understand, there need to be receipts for transactions like these and those would require some information about the content -consumer.
that seems like a huge hipaa violation and. edit: bot approved typo correction
they deff did something wrong. sue them.
why the fuck wouldn't you be able to be a teacher with hiv. what kind of rule is that
tell me where it happened so i never go there.
if ypu just would've paid in cash they wouldnt know either
just another reason we still need cash.
sounds like with the help of the right lawyer that you’ll be coming into some cash from suits against a bank and a local government education department.
that’s some fucking violations of privacy and medical records right there bro. anyways, glad you don’t have the virus but check what the gdpr guidelines are in place for you.
privacy is over for most if they do not get into crypto now due to the winds of change is toward tyranny thanks joe biden and co more of the same.
can’t imagine what could have happened if you decided to by guns or drugs.
for you my friend namaste and be love, may kindness and love radiate to you
decentralized currency and basic health privacy laws
i mean, it also serves as a general reminder to not use a debit card. there's basically no protections on a debit card. apparently, not even the obvious ones.
you need to file a report immediately if you can. unless you live in some 3rd world country this should never fly in modern society. not only thisrespectful but a breach of privacy. crypto aside this is a serious issue that you need to nip in the bud now. do not just brush this off
i mean cash would also have not caused this problem
this is not about decentralised currency. this is about privacy of data.
holy fuck. you can’t have hiv and be a teacher???? that’s the craziest shit i’ve ever heard. i mean, hopefully they’re not fucking the kids... right?? my doctor has hiv and he’s the best doctor i could ever wish for.
in the usa, it was categorized as a "communicable thisease." that changed in 2010; however, other countries have not changed the standard. [ a list of "communicable thiseases" [ tuberculosis, gonerrhea, leprosy, granuloma inguinale, lymphogranuloma venereum, syphillis.
what's... the logic of not allowing people with hiv teach? lol
decentralisation does not mean anonymity. only xmr does a good job at protecting your transaction-privacy.
why tf do you need to prove you don’t have hiv if you want to teach? if you’re sleeping with your students or bleeding on them, you shouldn’t be allowed to teach either way. there’s no reason for a teacher to get checked and report the results wtf. in a hospital, yes, you need regular tests so you can prove that it can be proven if and when you contracted it on the job, and lawsuits get avoided
what is their justification for this? you say you understand, but hiv is not contagious except by sex or blood, so what is their reason? my guess would be it some bs about hiv being equated with lgbt, or that old misinformation about it being so contagious you can catch it by touching someone.
this is not the problem of currency and this is not why you need crypto. this is a problem of data protection. in the eu, the bank and the school would be in a deep deep trouble for data breach.
no this is why we need unions and worker protections lol not crypto
seriously they should worry more if people are criminals , etc not a virus you can’t even give to another at workplace
i'm genuinely kind of confused to why an hiv positive individual is not allowed to teach. is anyone able to educate me a bit on the matter?
>in my country, you cannot have hiv and be a teacher, which i understand, i guess well i cannot. please explain. also, that is the problem, not banks. crypto would let everyone in the world know you got an hiv test.
would you say this is an issue with traceable fiat? or a policy issue around stigmatizing hiv? i think it’s the latter. it seems like the traceable payment is doing it’s job in this case: it’s the underlying policy around prohibiting people with hiv from teaching. but also decentralized currencies are cool
you do not actually need decentralized currency. you just need to tell your school to fuck off & to switch banks.
if your in the usa, hipaa laws were definitely broken. i've worked with hipaa data for a long time as a software engineer. people have been sued and won over less than this.
that's really messed up. sorry that happened to you
why can’t you have hiv and be a teacher? not like teachers are having sex with children hopefully
and that is why a lot of countries will fight to stop true decentralization. china will make a crypto it can manipulate. the crypto.
the only reason i'd be worried about a teacher having hiv is if theyre a pedo. they know hiv is not airborne, right? that law just does not make logical sense.
so you post about the test on a public forum?
sue the bank. which bank is it?
where are you from? and why cannot you be a teacher if you have aids? i do not understand any of this. sorry if i should not ask those things...
sue the fuck out of them
this would be hella fucking illegal in america. what country do you live in so i can avoid it in the future?
>so i'm a teacher and in my country, you cannot have hiv and be a teacher, which i understand, i guess. why? is it normal for teachers to fuck the kids in your country?
this is a great example of someone misunderstanding decentralized currency completely. decentralized currency, in this example, would mean that everyone would be able to check if you pay for a hiv test, not just the people sitting in the centralized system(bank).
if you can now get taxed for your decentralised currency, is it decentralised?
to me that is a breach of personal health information... major error imo but depends on law in op’s country.
what kind of a fucking bank does this? i would be furious and would move my money elsewhere immediately.
i know selfkey is big on identity privacy. for transaction privacy, monero is tried and true.
ah yes. decentralised so the school can just check your transactions themselves.
private crypto will be needed in the future otherwise this kind of event will be sadly more commun.
some of you might even get a call from authorities just because now you have "hiv test" phrase in your browsing history :d. i hope not...
this sub is fucking hot garbage.
you understand people with aids cannot be a teacher? like, you really agree with that?
"cant have hiv and be a teacher which i understand" full pause. why would you understand that? what is to be understood in that? that's the most insane shit i've ever heard
smells like a hipaa violation and a lawsuit to me
the bank just made hippa it’s bitch.
this is absolutely not a reason to support crypto, its a reason for living in a country with privacy laws
there is no reason that someone with hiv should not be a teacher. in fact, 99.9% of jobs should not be a problem for people with hiv. the likelihood of getting hiv from blood exposure through a cut or a needle poke is about 1 in 300. from exposure to the eye, nose, or mouth is about 1 in 1000. direct exposure to skin is 0%. now you also have to consider, how likely is it that someone is going to be actively bleeding onto someone else at their job. i'm a nurse and i have never actively bled on someone else in my whole career. i've also worked in restaurants and construction in college and again, never. in fact according to the cdc, over the past 20 years there have only been 58 cases of hiv transmission from a patient to a healthcare worker. and these are workers whose job it is to expose themselves to blood and sharp objects. i personally have been stuck by a hep c positive needle when i was training in school (confused drug addict patient) and it has a higher transference rate than hiv. months later after testing, no hep c. this is why there are hipaa laws in the u.s. because thiseases like this should not effect your professional life. anyone who says otherwise is just fear mongering and needs to do some research. source:
decentralized currencies are nice... but wait til this shit starts happening with your covid vaccination status. won't be long now.
your answer is not a decentralized banking system. your answer is to not in a live in and support a regime that clearly has zero respect for your basic rights to privacy.
seems like a hipaa violation
time for a new bank
forget posting this in a crypto sub. post this in a medical.
dude this is wild. what is the reason that they would not let somone who has hiv be a teacher. that honestly makes no sense to me.
had you paid cash none of this would have happened. btc etc is not needed in this case.
do your country also criminalize the glbtq community?
that's a tasty tasty lawsuit my friend. if you are in the eu anyway. maybe even us i dunno. this is a massive breach of every privacy law in existence.
the bank can just give away personal details like this?
fuck banks, zionists, and mark zuckerberg.
lmao this has nothing to do with crypto. you guys find any excuse to make fiat look bad. before the down votes come, i own crypto.
what the fuck?? cant have hiv and be a teacher? why?? the bank is calling your school?? wtf there so much wrong in this text wtf
“…you can’t have hiv and be a teacher, which i understand.” i’m sorry, but there’s nothing to understand. this rule is crazy! i mean, you’re not fucking your students, and you’re not sharing needles with them. having hiv should not thisqualify one from teaching. like, seriously holy shit…
i see a problem with the general thinking crypto will improve these kinds of situations. say you are paid in crypto. you must therefore have a wallet very publicly linked to your personal identity. every time you get paid your employer can trace exactly where and when you send, if they are that way inclined. you pay for your test... or whatever, and without anybody contacting anybody your employer can look up addresses you have sent funds to (i assume health clinics would openly have their public address available) with blockchain analysis tools an employers can and will be looking at exactly what you spend your money on as will governments and insurance companies. to me these practices' become easier because of crypto. obviously xmr is a different story.
i feel like that would. i’d look into that and also change banks, fuck that
haven’t they heard there’s a cure?
this is precisely why **secret network** (previously enigma) privacy smart contract and privacy dex (**secret swap**) is needed! its litterally as if monero had smart contracts and eth(soon more too).
inspired to create aidscoin!
this would be even worse with cryptocurrency. you still have to pay your taxes and provide information on your wallets. that means that not only the bank knew about your payment, but every single person on earth could just see what happened with the money. not only that - everyone can see exactly where that money came from and where it will go from now on. if anything blockchain makes it 1000x easier to track you down.
looks reasonable, ever heard of covid-19?
somehow the entire world has become a communist shithole
ok, so, how do you **know** the school was informed by the bank? did they specifically say so? because if it is a requirement and you have not given them the results, it is fair to expect that they would call for the results to allows you to continue to be in compliance with the laws and that the bank likely had nothing to do with it at all. your story is bit vague and frankly is leading the reader to infer the critical information you neglect to include. i'm not sure what's scarier though- the paranoia of your post, or that i did not see anyone else asking this basic question.
what the fuck? this is crazy. what part of the world you in? would gdpr apply?
holy crap. where do you live??? canada?
just read this out loud to my family to explain why cryptocurrencies are the way out.
cant have hiv if you start fucking the kids?
what a bizarre conclusion to draw from this interaction. bitcoin does not solve the actual problem with this interaction, which is the stigma and mistreatment of hiv-positive cases. which can be solved in a far bigger variety of changes that are way better for the general welfare.
lmfao this is the kind of shit i joined reddit for
i’m seeing this post on a lot of other subs. is this a joke ?
how do you know that the bank called them? could it been the health testing place, knowing that you are a teacher and knowing the law about hiv testing?
surely this breaches some sort of rule right?
this could belong in r. glad you're healthy mate
the less governments have control the better, the state was supposed to be for the people. now it feels like a mob kinda thing. this is not it
this would be illegal in any country with respect for human rights. why would the bank call your school?
well if you support people like elon musk, you cannot complain about privacy.
damn what the hell, they just casually confronted each other without your permission like you do not matter. :!
unless you think you can change that country. holding out or moving to a better place to teach would be ideal.
happy for you that it was negative but why exactly can’t you have hiv and be a teacher? do they know how it is transmitted from human to human? like what is the implication here? 💀 also banks don’t give a single fuck about privacy huh?
that is some 3rd world shit. hiv is treatable. there is no reason to exclude hiv pos teachers. there is no reason for banks to check in on that type of stuff much less rsport it to your work.
still seems there is irrational hiv fear. with recent meds you can have the condition under control and live a relatively normal life. source: family member works for pharma as a sales rep for hiv drugs
why would the bank call your school? wtf? that sounds like a great opportunity for a lawsuit against your bank
what the fuck? what country is this?
shoulda paid in cash. anonymous bruh.
some would say, they just wanted to be hiv positive.
bank employee in most country would be in trouble doing that... ask if they accept crypto next time you'll be paying some "weird" stuff lol
what country is this ? probably you could report the bank for invasion of privacy
this just shows the lack of privacy in this world, where our information is being shared by institutions and governments for their own reasons. i hope we achieve decentralization on a large scale as soon as possible.
this is a serious breach of confidentiality, not sure what country you're in but in most, you would have an open. speak to a lawyer.
this is a data privacy breach that, in the eu, would be very expensive for your bank
the thoughts of the school are dark and scary lol. what are they thinking ?
i've only dabbled in financial law but i'm sure the bank has broken several data protection acts regarding your private accounts. i would speak to a legal team about this because the only way your bank can thiscuss your financial activity is with your countries financial tax department for fraudulent activity. a family friend sued hsbc 7 years ago because they thiscussed his financial position with his ex wife who was trying to get money from him, since they were divorced she is not technically anyone legally associated with him so hsbc shared private financial information with an outside party = very, very serious breach of law. i say this because your employer has no right to request. edit - no i am not a financial solicitor but i studied it for 1 year and have a reasonable understanding of the system, also my family are property solicitors who deal with the exchange of money for property. sorry i did not read thoroughly, i though your bank contacted your employer regarding the results. ignore me. king regards, a. retard.
wow that sounds really illegal from the bank. medical history can in no way be allowed to be released to the public. i'm sure there is some way you could sue if you can get to the bottom of it. if the school looked at your transactions that would be illegal as well.
so wrong on so many levels.
what country if i may ask? this is a huge invasion of privacy and no business of the bank. i work for a bank in the netherlands and if i'd do this i'd get fired within a day. here the banks only flag transactions that may have been to finance terrorism or launder money.
it might not have been the money transfer itself. the breach could also have been caused by you automatically being flagged because of your occupation, regardless of if you paid in cash or peanuts - or via bank. so yes, this behind-the-back info sharing is scummy, but if you cannot for certain point out who talked to who, get a lawyer involved before you try swinging the justice hammer only to find out that it was the health clinic who was required to contact your school because of your occupation. for example.
why could you not be a teacher with hiv? unless you are raping or bleeding on the kids… won’t be an issue.
where the fuck do you live? if this would happen in my country it would be a massive scandal and the bank would probably be fined up ibto the high heavens.
he said "in my country", i doubt that is america... curious where he is from but so glad i do not live there!!! for many americans this is unbelievable... you'll be surprised how some governments scrutinized into their citizens' private matters!
am i inthiscreet if i ask which country you’re living in?
change banks, also ask the school how they know and go after the person telling others about your private matters.
does your country have hippa laws?
this is so fucked up. isn’t thing like this supposed to be confidential between doctor and patient?
where the hell is this happening?
1 - well done for taking the test and protecting yourself and others 2 - why the hell is the bank communicating with the school based on your transactions? do they do the same if you buy condoms, and give you a prize? there used to be something that lots of people gave up on... called privacy. 3 - not sure why this relates to crypto but i am assuming you are into it, good for you. it is a sub not only on crypto but also the people. have a good weekend!
at least in my country you should be able to file a lawsuit against de card company for breaking your privacy and another to your employer for thiscrimination
that is why i hate crowds.
what the heck kind of country is that? don't tell me its south africa (just guessing)
i've been lying to my bank for a while now. i hate getting calls asking me what is this or that payment for so i always make shit up. also, my bank has quite a reputation for freezing accounts and banning people using cryptocurrency (uk). yesterday they blocked a transaction to one of my other bank accounts (different bank) and it took me 40 minutes on the phone to get it through. in the end i told them it was for a doctor's appointment that did not accept mastercard but we all now it was to buy the dip. this is crazy!
good morning from america! who’s ready for rollercoaster ? maybe it’s a good day for a bike ride instead...
i time travelled to 1955... marty it worked
same here in south korea. need an std check too at some schools. hopefully neck time i’m asked to take the test the results will be on the cardano blockchain 🤙
seriously op, if you’re in the eu this is a gross violation of your privacy rights. you can sue for a lot of money.
sounds like a job for a privacy coin, otherwise you deal with even more visibility on a public ledger. monero is probably the coin of choice, but others also provide some level of privacy.
i want to thumbs this down it is that outrageous.
are you sure its the bank who did this? and not the clinic or whatever you went to that automatically informs or the system somehow automatically informs your work just incase someone tests positive and hides it? not taking any sides or trying to defend the bank, it just makes more sense this way
they were always going to ask for the results right? like you said, it is a requirement to not have hiv. though i do not think they should have gone directly to your school, simply call you up with the results so that you can take that information to your employer.
use a credit card next time
decentralized is not the same as anonymous, just saying. it could be decentralized but every transaction is tagged with dna signature and photo. what you want is anonymous so that they do not find out such things. you could pay with your local official fiat cash, for example.
i dont know where you are from, but if you live in europe, this action is a big violation of the general data protection regulation (gdpr). it is so big that if you sue the bank you may not need to work for the rest of your life. \~short story\~ in my small country in europe, there was a company that paid for employees' monthly fee for highway epass tickets. one day an employee called in as sick and stayed home. the company was able to monitor real time metrics of the epass tickets of all the employees and they saw that his epass was used a couple hours later. so they called him to anounce him that he is fired due to lying at their face. later on, he proved in court (from the highway toll camera footage) that his mother used his car in order to buy groceries and medicine for him (time on the receipts). he sued both the highway company (for providing personal data to his employer) and his company (for using his personal data without consent) and he won approximately 450.000 euros.
is it confirmed that the bank called your employer? i know very little about thai banking laws, but as far as i know this is a clear violation and you should definitely report it. contact the bot and ask for advise.
this should be a lawsuit
you are not allowed to be a teacher while having hiv?? l where are you living? vatikan? xd sounds absolutely crazy i mean if you are not fkin you students i dont know how somebody could be affected by this
what the heck of a country is that? can't be hiv+ and teacher? that's is crazy... are teachers having sex with students in that country... in a country so archaic i doubt that they will ever make crypto usage official for daily use.
wow if that is not illegal it should be. that is why we need privacy, your bank should not be able to do that
1. never pay for things with debit card 2. use a mix of prepaids, cash, proxy cards
i can see their point. you could easily pass it on to all the students that you have unprotected, rough sex with.
just out of curiosity. what is the country op? if for privacy reasons you cannot tell us, can you just give the general like asia, europe, etc or first-world, third-world but from how it is i'm assuming a third-world country.
don't tell the bank where you work in the first place. unless i'm looking, i generally change my linkedin employer to "major national bank" or "major regional insurance corp" or whatever. some insurance against getting cancelled as well if you say something offensive, inadvertent or not.
getting shots and being up to date is nothing to when working with kids. i know i had to get a ton of needles through college and a few yearly afterwards as a educational assistant. maybe your country is different, but in canada i had to show proof of all my shots and that i got, and during college we had to take proof of all our shots to a private company to have nurses check off on our health. just wear a condom and you should not have to freak out about this.
seems like the bank has been instructed to report. ask them why they divulged your test to your employer. as you are on a visa tells me you are not a native to that country either so maybe you are not aware of their legal requirements to report. ask them not reddit...ffs. cool you are clean but really what does a teacher having hiv have to do with teaching? that's some hands on sex ed expectations.
theres def broken laws here...
i know plenty of people who have been tracked by the australian government due to covid. they pay for anything with any card and shortly receive a call or message telling them to isolate. they never 'checked in', it is all through transaction tracking.
this is fucked up i just can’t
apparently you cannot be a teacher with hiv because they assume teachers are spreading their dna all over the place.
what the fuck? what happens to the teachers that sick with hiv?
i used to work as a developer in a major us bank, atleast in us banks they never sift through transaction data and do this kind of correlation. it must be the clinic, please check with them.
wait. why are you not allowed to be a teacher. specifically a teacher, if you have hiv? are you expected to fuck the kids?
where do you live? china? russia?
crazy story - you have my sympathy, and congrats on being hiv negativ 😉
crypto on the side, this sounds completly illegal, at least on my country.
should have paid cash money
would definitely be in breach of most countries privacy laws. please get legal advice and sue the fuck out of your bank if you're able to...
that sounds like some big brother crap. im not sure i would stay at that bank tbh. i would feel violated.
hiv is very treatable and with proper care people can live full normal lives. it's utter bullshit to restrict someone from teaching for being hiv positive. sorry to trash your country's rules. we have dumb rules too.
if you live in the eu you can get paid for this if you lawsuit them. it's illegal to share medical data without your consent (in a health care worker).
well if it is legal to kill gays in some countries i'm pretty sure it is legal to deny employment for any reason. california has an at-will law that can fire you for any reason at any time. not surprised.
can only be thailand. no other country has such ridiculous checks for a work permit. they still demand a syphilis test and take an x-ray for tb for work permits.
lol do not use btc then
we need a vpn for life... too many eyes everywhere.
this will only get worse in the future imo and governments all over the world will fight against decentralized currency.
the bank broke several laws doing this. you should talk to a lawyer straight away. also make a formal complaint with the banks head office.
this is most countries.
this has absolutely nothing to do with cryptocurrency lmao this sub is a joke. everyone just moon farming
interesting and fucked up story. how does cryptocurrency fit in it again?
i can’t really believe this would be legal anywhere in ‘normal countries’. this has to be a breach of privacy for sure
the myriad of statists in this sub are not going to like this post.
this is also why privacy coins need to be normalized. i’m a huge fan of monero. the analogy i use is simple; i don’t have anything to hide when i’m in a bathroom stall either, but some things are nobody’s business but my own.
if this is europe then this is 100% a breach of gdpr, however this rule does not sound legal in europe either so i'm not exactly sure.
what fucking country do you live in, east germany?
wait... sue sue they ass!!!
that's weird and frustrating. why is school even asking? presumably they are testing your blood at the health check so they should already know...or are they actually testing it??? 🤔🤔🤔
it’s called cash money 🤑
wth? it would be a break of hippa law in the us. i guess not all countries protect people health privacy though...
smells like a fine lawsuit is brewing 👃🤑
we need an decentrialize payment system, mad about the way central banks doing.
butter my backside and call me biscuit wtf??
that must be breaking hipa laws
it’s on you and your f’ed up country. when credit cards are available it’s not wise to thisclose bank details from every daily transaction using a debit card. only monero is private. the rest of the crypto is not only not private, they are public for every human and ai to see, unlike only the bank for a debit card transaction. learn more about crypto before ruining your life. crypto is more traceable than a physical tracker, unless it’s monero.
in the us this would 100% break hipaa laws and would be grounds for a life changing amount of money in litigation. your country may not have that kind of protection, so i guess something like monero is your only choice if you want to maintain privacy.
are you in africa or something? this should be illegal in western countries
a clear example of why people support monero. it's a tool to protect privacy and human rights.
there are a lot of reasons for decentralized currency. right to medical records being private is not one of them.
that sounds like a hippa breach, your financial institution should have zero to say about your medical records. unless there’s some law for teachers, my wife works at a lab that does these tests. she legally can’t even look at my tests or results, she would be fired immediately.
you could have just used cash.
this is so unbelievably sketchy. whoever comes up with these rules is downright evil.
what country? in the in the u.s ya that wouldn’t fly but sounds like your not in the u.s so might not have any privacy laws also there may have been something regarding that in the contract when you got hired on with the school. either way ya that sucks.
hippa laws in the 🇺🇸
i still can’t get past having hiv and can’t be a teacher. hiv is not a death sentence like it was in the 80s and 90s. and blood or bodily fluids need to be exchanged to get it. and it’s really scary to think what goes on in your school thistricts
seems like a violation of hipaa
fb and google ain’t shit comparing to visa and mastercard. they know anything from your diet, address, taste of music to your orientation or relationships status
what country is it?
sounds like a third world country, the fact that you have to take an hiv test to be a teacher is weird, do they plan on f***king the students.
where do you live? isn't that illegal? where is the privacy and medical confidentiality? if i were you i would find a good lawyer
u, this is wrong in so many levels that i'm having problems to put it into words.
that's ridiculous! such a private matter should never be thisclosed surely, especially by your bank!
congrats on negative test ! i stand on your side with this ethical dilemma.
the fuck? why would a bank call a school about some std test you took? how does bank even know what school you go to?
new government new laws
i doubt it was the bank that notified the school, way more likely that it was whatever lab. and whoever did it probably had a legal obligation to do so. the way you paid for the test probably had nothing to do with this, and you would see the same situation had you paid with cash, someone else's card, a promisory note or even with a chicken.
in america that would be insanely illegal and you could definitely take legal action.
this is why zcash is essential.
this is super fucked up. besides the obvious privacy concerns could you imagine for some reason you tested positive and the school found out before you did and that is how you ended up finding out.
how do you understand that the “rule” is that you can’t be a teacher and hiv? that’s some fucked up rule mate, let alone the other stuff.
so sorry to hear this. hoping with crypto this kind of thiscrimination stops.
wouldn't that just lead to people not getting tested?
that’s why accountants tell ppl to always pay in cash
are you sure it was your bank that "snitched"? if it was your doctor, sue because of hipaa. if not, check the contract you signed with your bank when opening your account, and sue accordingly. theres no way that was legal.
i mean, there is cash as an option too... also its possible the clinic gave out your information. if shits lax enough they have sham "health check for work permit" clinics, i cant imagine everything is regulated well enough to keep your health info secure at the std clinic.
what's the difference between this and having to show your 'paypuhs' that you received your vid shots just to go into a store?
jesus christ this is madness
this is not something crypto would solve...it could actually make it worse.
is this monero time? i think it is monero time
that’s real messed up
the government does not want decentralized is the problem so they would not promote decentralization.
sounds like a hipaa violation to me in the us but i dont know what the law is where you live.
wtf? in what world do you people live in? hiv today is not that bad anymore, you can get old with hiv just as well as with any other chronic thisease. and you saying’s ok that a teacher cannot have hiv? omg i’m so so shocked about this post and all these comments. so glad i live in a country where all of this doesn’t happen. and besides that, in what fascist country do you live? banks ‘turning you in’ using you private data. sooo bad
are you sure the school found out through the bank? how do you know it was not through the clinic? if the test was done through insurance, it is also possible that the school system received the insurance claim and that is how they knew.
we need decentralized currency cause your bank is shit? ...
this is why we need privacy coins. i can think of a thousand similar cases like op's where they could not abuse his privacy rights if he used crypto.
privacy is a big concern now. they are stealing data and misusing it all the time. crypto or decentralized currency cannot fix that though. it will require a lot of awareness and mass movement to ensure better privacy. if they wanted, they can simply ask the hospitals to report any such tests to the government and then use it in any way that want. crypto cannot fix that.
all roads lead to monero
how are we supposed to pay for pornhub if we have to worry about our banks snitching us out to work?
use privacy coins. not bs bitcoin that is now taxed and being gobbled up by the same hedgies that manipulate the stck mrkt. im glad it was negative as well.
this is a reason why crypto needs to be adopted massively.
i'm so pissed on behalf of you!!
this is so fucked up! use cash or monero!
yea pretty sure they do not have legal rights to that. and this doesnt have to do with crypto
could it have been a super convincing coincidence? like, perhaps you went to the clinic, and the school called you asking for results within a time frame that could convince you they are linked, when really they are only linked very loosely?
sure, decentralized private currency would solve this. in the meanwhile, kindly lawyer up and sue your bank and- you should be able to get enough from them to get you going for a while. i mean it. not sure which country you're in, but i doubt it is allowed to share sensitive client data regardless of their job.
this is why we need to keep cash, cryptocurrency is traceable and it is anonymity erodes as technology and tools improve. this is a terrible example of needing crypto currency. how do you get your bitcoin? unless you go though a massive effort, you have to go through a kyc on ramp. kyc requires more identification than a new bank account & how hard do you think it will be to tie a purchase you made back the the kyc documents you provided?
i taught english in s. korea for 6 years (203-2009) and testing positive for hiv meant immediate deportation. not sure if it’s the same way now, but it seems like a deeply uncompassionate way to handle things. that sucks that your privacy was violated like that.
decentralized does not mean anonymous unfortunately. one day i hope
> so i'm a teacher and in my country, you cannot have hiv and be a teacher, which i understand, i guess. why would this be ok? wtf. everything in this post is fuck up
not just a decentralized currency, an anonymous one like monero and xvg.
you could have paid cash though?
another reason why everyone needs a bit of monero in their life
you can’t have hiv and be a teacher? what is this, 1972? fuck that.
drop that bank today
this is the most made up thing ive ever seen
a worldwide decentralized currency would be nice. we will always be close, but govts are never going to step back. the laziest scammers are in politics govt, as a whole (apologies if you have friends in it). but money exchanging hands excluding them will not exist as a whole. 🕵🕵
wtf? dude, you should sue the bank for breaking your privacy and putting at risk your reputation.
this does sound like a data protection violation. if the school got your medical information without your approval, that is a clear violation on them and the clinic under hipaa.
hope the test turned out in your favour!
jeeeeesus man, that’s some twisted orwellian shit.
i’m sorry you live in whatever country you live in, because that is thisgusting. that information should have never reached the school.
that is why we need cryptos, other assholes do not understand this at all !!!!
it's far more likely that your employer found out about the test from the health clinic either through insurance or through a process that was related to your work visa, especially if you're in a socialized medicine country. the health clinic likely knows your employment information and may even be obligated to report that you were getting an hiv test to them depending on your country and the laws surrounding your visa. this likely has nothing to do with your bank or your method of payment
first, sorry that this happened to you, but glad you have a clean bill of health. that's the most important thing. not sure what laws you have concerning medical privacy, but in the states we have hipaa and after the massive violation they just committed, you would own that bank in a court of law...and maybe own it outright after the judgement. regardless, i would strongly suggest looking into a new bank. this kind of invasion, legal or not, cannot be allowed to go unanswered. they fucked up and its bad business to bank with fuckups. best of luck to you.
we need a worldwide revolution against globalist oligarchs. we own them, remember that.
why not just pay with cash?
i actually do not understand why you wouldn't be able to be a teacher if you did contact hiv. it's not like you're f****** with students (hopefully) and at least where i live in the us you basically just take a pill every day and it makes it so you can literally bleed in someone's eye and not pass it to them. but anyways glad you do not have hiv, and let us go decentralization!
what do you mean “which i understand i guess” that is a very regressive law that has no correlation to how hiv is spread
...you can’t have hiv and be employed as a teacher...because teachers have sex with kids???? i’m stuck on that part.
that’s messed up. in most countries, that sort of privacy invasion is illegal, and will get the bank (and maybe the school) sued.
sounds like china sucks
can i ask what country is that?
fucking wtf. wild that the bank actually did that
we need to elect a government that values our privacy. who in their right mind can thisagree with this?
do you live in the us? that sounds like a major hipaa violation to me
you do not have the option of paying with good old fiat currency for this test?
hey, good for being in the red!
“you can’t have hiv and be a teacher, which i understand,i guess “... sorry man i don’t understand this... it’s thiscriminatory at best... imagine can’t teaching because you have diabetes... a thisease doesn’t make you a good or bad teacher!! its such an outdated policy... where you teaching, the middle east?
aw, that sucks! the need for better privacy is real. going forward, litecoin is adding mimblewimble. perfect for the level of privacy you’ve described.
yes the world does need a decentralised currency. though it would be easier to sell the average person on this idea, if the option was not associated with profiteering. all the time btc is seen as a high risk investment as opposed to a societal revolution, it will fail to capture the attention it deserves.
not sure where you're from, but if you're in europe, just sue the shit out of your school. if you happen to live in a 3rd world country without privacy laws... sorry for you.
i was really confused about what subreddit i was in until the last sentence...
this can be solved with a better bank lol
i think this practise is highly illigal unless you live in some kind of fucked up dictatorship.
teacher can’t have hiv? are they expecting teachers to be regularly fucking students?
holy fucking shit, do they know how many shits you took that day too?
sounds like a great system. if you have so little self control that you'd risk your own life for a 10 second dopamine hit then you have no business teaching anyone anything. hiv'80s. not getting it is easy. wear a condom and stop fucking skanks. simple as.
what does having h.i.v have to do with being a teacher ? you understand why ? explain that one
that's awful ! where the fuck the is the doctor - patient confidentiality ? if you have the money, go find a lawyer and ask if you can sue the bank !
that is so crazy to me... why would people who are hiv+ be denied anything if it is unrelated to sex itself. sure, if you're trying to become a porn actor, but is not this a virus that is exclusively transmitted through sex?
are you sure it was the bank that called and not the clinic?
this is low-key messed up that this would occur, and is obviously a serious breach in privacy and potentially damaging to your image and safety. depending on where you live, your bank could have broken the law by thisclosing confidential medical information. in either case, consider switching banks to one that respects it is customers and protects them.
why the fuck would you hide that if you were positive. that’s so fucking incredibly selfish. i have children. you are an adult. if you have hiv i hate to say it but you shouldn’t be allowed to teach kids. or at least without it being known.
it’s weird that op shares this story and then won’t even say what country this happened in.
> in my country, you cannot have hiv and be a teacher, which i understand, i guess. that is massively fucked up.
are you sure it wasn’t the clinic that flagged your employer? what country is this?
i feel like this is something that would likely be facilitated by a public ledger. you’d have to have robust legal guidelines around use of blockchain in information related industries. more privacy in these kind of situations would certainly be nice. one day i’m sure we will get there.
how does this policy even make sense? unless i'm mistaken, nothing a teacher does at work risks spreading hiv.
wow that shit would be illegal as hell in the united states
hippa??? what country do you work in? i agree with most comments, ide sue them and have them name the school after you.
this is a weird story to go to "this is why we need a decentralized currency" because it does not have to do with currency at all. this is a hipaa issue, not a currency issue.
are you sure the bank called? sounds like your school just asked for the results of the test they require.
or... wait for it. use cash
decentralization does not change that. privacy does, but that shit aint gunna stay legal. the power of decentralization is that your bank cannot stop doing business with you because you have hiv
which country is this? in the netherlands it is highly illegal for the bank to share such personal information to anyone. check your rights and report those f*ck*rs if possible!!! and absolutely: great case why for certain countries the animosity of crypto is a dire need
it could just be an automatic report. if it is written into policy (or law) that you can’t be a teacher with hiv the bank may be required to report when you’re tested so that the facility knows to follow up. i’m in aviation, so drugs are a big no-no. not even just the illegal ones. if i get prescribed something from the doctor it can make me have to step back from doing my job until the treatment is over. same goes for commercial drivers, any amount of alcohol and they’re done driving. so it may be invasive and inconvenient, but it is what it is. unfortunately you have to play the game by the rules set for you
this story is mad, fair fucking play to you for publicising it.
...or just patient privacy laws? if that shit happened in the us (which does not have the strongest protections) you could afford to quit your job because you now own a doctor's office
welp thailand blows for privacy i guess
or pay with cash
hippa violation, your law suite could mean early retirement.
hate to be devil's advocate but what if you did have hiv? then gave a fake pass result.
but why in crypto currency subreddit? xd
fuck decentralized currency. you made it. this is a lawsuit that can get you paid big money.
well i’d probably find a new bank ;)
you tell your bank your real employment info? i’ve always made some shit up. they don’t need to know, unless i take out a loan i suppose.
my understanding is that the blockchain will make this easier for the school to track. you are paid into a wallet, you pay for a hiv test at a clinic, it’s all recorded on the blockchain. your mitigation strategies are the same, you will want to wash that money as best as you can to hide your tracks. the clinic can see you get paid by the school, the school can see you paid the clinic. who’s responsibility is it to ask? you decide.
. m.mmn... ... ...mbw . .lov m
if it is a law in your country that teachers cannot have hiv it make sense that banks are forced to comply and send the information required by the states. in my view, making sure the children are safe and the employees around you (in case of an injurie for example) in just responsible. some people with hiv are so much in denial that they do not even tell their sexual partner, let alone their employer. hiv is a death sentence (unless you can pay the mediciation). last year i met a new friend in my circle playing hockey and he told me right away he had hiv and made sure i was (and others) were ok with it (wich i was, i personally do not care). i feel like it was a very responsible thing to do and i have much respect for him.
this sounds like a very clear hipaa violation, i'd look into a lawsuit for invasion of privacy.
as much as i'm pushing for decentralization, i do not think crypto payment will solve thiscrimination problem especially when local law is not protecting citizen privacy. for example you can pay with cash , but nosy people and institution will be nosy (or just doing their job sadly), maybe the clinic will notify your school. maybe the school will dig your medical record... etc.
so how is your health?
this is actually good for bitcoin.
be like the weird al song, “ill sue ya.”
holy shit. i'm sorry that happened to you
i think this would be very, very illegal in europe due to gdpr.
that is an invasion of your privacy and against hipa laws if you have them. sorry you had to insure that but i’d be suing someone. assuming it’s illegal in your country
i understand the precaution... but that is definitely an invasion of privacy.
i mean, did you suspect you had it?
cash is king 👑
is this even legal?
you do not need crypto for this. you just need your bank and school to respect privacy laws, and the best way you can do that is to take them to court.
next thing you know you will get anti hiv ads on fb
i do not get it, if the hiv clinic accepted bitcoin or any other crypto they would still need to verify that you specifically paid them for the test. usually this is through an address given only to you, or they ask you to show proof of a transaction hash you sent. they still know where you work and can contact the school with results of the test.
??? so where's the part that you know the bank called the school?? if you told the school you were going to get the required test, wouldn't it be logical for them to ask for the results after a while of not having received them knowing you went for the mandatory test? also, it is possible but unlikely the bank would even know it is an hiv test, unless that is literally all that place does. if it is just a random medical clinic... not "hiv check for mr. johnson... charged 25$"
this is some 1984 insanity
pirate chain. the most private cryptocurrency available.
but isn’t this almost an argument against decentralization? is op saying that decentralization is needed to avoid following laws? if the laws are unjust, than it needs to change. i mean don’t we need nations with laws? am i being naive? this sounds like a harmless skirting of the law, but what if it was a covid test and op wanted to avoid the scrutiny via a vis using decentralized currency? can we have a conversation? i am trying to sort out my ideas here and need some sincere help in doing so.
you do realize that with a strong kyc imposed by governments by law coupled with the transparency of the blockchain you would not be able even to buy toilet paper to wipe your ass without people knowing. right? this is not the answer, we are going that direction regardless, but nothing will be anonymous. you could have paid cash
holy shit bro, this is invasion of privacy at its finest, sorry to hear you had to go through this but happy to see the test came back negative! that's why defi is needed big time, all payments can be made without any nosy middleman or bank looking through your transaction history. i believe that this is exactly why projects like albt are needed, projects that bridge defi and traditional finance and bring mass adoption one step closer! best of luck to you buddy, hope you would not go through such a horrid experience ever again!
can't crypto be traced as well? i think when crypto becomes a mainstream method of payment, governments will have systems in place to track transactions too.
should of made the doc take monero lol
if you have to get a test done for work then isnt it logical they ask for the results, how do you know the bank contacted them? that really makes no sense, how would the bank even know what the charge was for other then some kind of charge from a lab?
what a way to show they do not value your privacy
idk if a decentralized currency is the problem in this situation. you not being able to have a thisease and work at the same time is, at-least if you are still able bodied to work.
odd question what’s the likely hood of being part of experiment and being lied to about hiv status?
the unfortunate thing is that we have little to no privacy when it comes to commerce in today’s world. crypto doesn’t solve this problem fully, even when using unique wallet addresses for each transaction. your phone tracks you, your internet provider tracks you, etc. your level of anonymity is further lessened when the other party takes few measures to conceal their identity. if you transact with technology, consider it only semi-private.
this seems illegal on lots of fronts. like, where is hipa in all of this???
sounds like a hipaa violation to me.
i hate to be this guy, but what you need is a private currency and most cryptocurrencies are not private. you just have to have a good enough analytics tool to connect the transactions to people. although crypto won’t give information about the reason for the transaction like a debit card would, cash is still a better option in this case.
could just use cash next time?
this is an argument for decentralized currency or for better laws?
is 1982 a country now?
while with bitcoin we would all been asking !
holy shit. this is infuriating.
what's wrong with that? this is the exact reason why politics many people are not fans of crypto. you would have used it to do sth illegal. bruh...
whaaaaa... how is this legal? sue and invest in crypto with your earnings :)
how would your transaction and results appearing on a blockchain which anyone, at any time, can view, public ally, have helped this issue?
this is fucked up
hot tip: use cash.
whats more worrying is your apparent want to hide this from the school which requires you to not have hiv. are you saying op if you tested positive its your business not theirs? we all hate banks but if you're not allowed to have hiv and be a teacher i think that is totally fair and you're being a bit ignorant about the situation to be brutally honest.
based on op profile, i understand why this is required since you are foreigner aka farang working in thailand teaching english. since thailand have a high sex tourism, i can understand why they want to ensure foreign teacher are free from hiv in case those foreigner might infect their local women unintentionally
don't be stupid most crypto currencies are more traceable than a credit card. you should of paid in cash.
for those commenting that it’s insane you’d need an hiv test to be a teacher, welcome to a lot of the world. many countries won’t let expats work. this sounds like this guy might be a se asia teacher, and given how many people stock up on viagra and fuck their way through the region, it’s actually pretty responsible of the lawmakers to have these rules in place. that said, duck centralized currency and the bank for overstepping here.
that seems absolutely crazy that they knew about it before you told them! absurd breach of privacy and makes you wonder rjust what else someone on the other end of a computer screen knows about us... its all leading down a horrible path to total surveillance and i dont like it!
they’re afraid of an hiv positive teacher, children and mosquitoes in the same room.
zano and monero can fix this
by insisting, they committed a federal crime. check out hippaa' medical privacy provisions.
that’s just gross. i can understand that practice if you signed off on that and was aware of it but to have straight access like that na no more business. if i had that happen i’d cancel and change banks
i've never had to take an hiv test, but i did have to prove i do not have tb before going to work in japan!
seems like a serious hippa violation.
i'm confused...since you got the test because the school required it, wouldn't they have asked for the results anyway?
make sure to check if there is a time period that the virus is undetectable.
should’ve paid with bitcoin
why the fuck cannot you be a teacher and have hiv?
wtf does this have to do with crypto?
what the fuck. that’s why we need crypto, what country is this?!
coulda just paid with cash too but gotta push agendas right
well one, you sound like you live in a very authoritarian state, and two, a lot of cryptocurrency isn’t going to help in this regard tbh. bitcoin certainly isn’t, nor is eth or the vast majority of cryptocurrencies, only things like monero would. but yeah, maybe try to move countries because either you’re lying about this or you have bigger issues with your country than cryptocurrency can resolve.
you‘re so not living in germany 😄
"we need decentralised currency so my bank, who i do not actually know were the ones who shopped me in, cannot help the government enforce a law which i agree with". well. aren't you a genius. also, my little genius, please take note of this: even with a "decentralised currency", the government can still pass laws such as: - require hospitals to register their official wallet address(es) with a central database - require employers to register their employees wallet addresses on another centralised database - oh look you're right back where you started or even, to make things even simpler, require the hospitals to literally tell the government your national id number. i do not know why you believe a decentralised currency would help you evade the law, but my guy, you are living in a fantasy land.
does the clinic have your employment info? they may be required by law to notify school admin of an hiv test that is requested by the patient.
why would you need an hiv test unless you’re fucking your students? such ignorance
"so i'm a teacher and in my country, you cannot have hiv and be a teacher" we dont need defi so you can break the law. even if the law is stupid.
this is great. the more and more we think about people we've never met overseeing our finances is scary. crypto is the future, whether china thinks so or not.
thats why we need decentralisation
you in the states? hipaa violation
that‘s fucking dystopic, my dude.
i'm fairly certain you cannot share medical records of a person without their explicit, written consent. that bank employee needs to lose their job like yesterday.
cbdc is coming folks...get ready. absolutely no privacy.
this is awful. sorry to hear. man f*** the man
all i can say is wow on so many levels. i’m glad you’re healthy but fuck those guys it’s none of their business!
monero exists. when the world finds out about it, it will become the most used crypto since it is the most private coin out there. the technology behind it is fascinating and i highly urge you to check it out. not shilling it at all, just stating that from a privacy standpoint, it is by-far the best coin as it hides the sender's address, the transaction amount, and the recipient's address with every single transaction.
you got it completely backwards dude. cryptos advantage is that no one can stop you from paying for hiv tests, but its thisadvantage is that everyone will find out if you do, except when using monero maybe.
public ledgers have a real possibility of increasing situations like this by making all of your transactions available to anyone for analysis. it however stands little chance of actually catching corruption, money laundering, or tax evading since people who would do these things can spend the resources to create sufficient complexity to defeat analysis. the programmability of money makes it easier than ever for the shell game to play out on new scales which is exactly what will happen. it is only the small guy that really gets screwed by absolute transparency.
the real fucked up part in all of this is that you had to pay for an hiv test. that's fucked up.
where is this?? such a huge invasion of your privacy.
well at least you can enjoy some moons for the comments of the post , glad you are negative after all no harm no foul . all banks world wide are watching and reporting , not just flagged transactions but all transactions. decentralized financial transactions are just as easy to watch . monero and dash are only the exceptions but they have targets placed on them for noncompliance
we need vechain eh-cert app, tracking vaccinations and medical records needs to be on the blockchain and locked access if not given authorization
how to invest in crypto - click the link
this is exactly what .
why is this still a thing? they created 3 vaccines in 6 months for wuflu but cannot seem to figure out to to cure or, at least, prevent hiv? perhaps they stand to make more on treatment and not a cure or preventative? something's fishy.
what country are you living in? if this is actually legal and does not break any privacy laws... sheeesh.
i do not know if i'm sad or angry
next time pay with gold or silver.
so the bank notified your school?
so sorry that happened to you. i used to work in south korea, and at the time hiv tests were required before getting a work visa to teach there. i believe they finally got rid of that requirement in the last year or two.
so when you inevitably fuck one of the kids you don’t give them full blown aids...? how does that “make sense”?
this is why i see a bright future for crypto
what the actual fuck?!?!?
this is less a problem of currency and more a lack of privacy laws.
what shithole country is this so i know not to go there?
work for a bank in the us. not sure about other countries but this is a big no no. you can’t just give away someone’s transaction history. hell you can’t even confirm someone has an account. if you walk in and say i want to deposit ’s account you have to have the account number otherwise we are confirming that person banks with us which is giving up their personal info. this is not ok.
do you life in russia? (a friend of minr has to get hiv tested for styding abroad there)
you understand but do not? maybe your country needs to buy hiv drugs and start to tackle the problem if its a problem like in some parts of the world. i've never worried once about that stuff 15-20 partners later still clear never cared. i only know im clear because your partner gets checked when pregnant and ive only been with her for 13yrs so she is clear i must be lol. hmm. 99% sure.
that's f'ed up yo... wow
big brother is watching you
moon farming at its best
suddenly such an abundance of crypto-justifying posts…
plot twist revenue services.
wait what? you cant have hiv and be a teacher? uhm... why? the medication that is available today makes you 100% not infectious, you have no symptoms, nothing. there is no valid reason. it is pure homophobia. i would leave that shithole instantly.
change your bank asap. wtf is this the stasi or what
what the heck do people do at work in a place like that? do a lot of jobs in singapore expose you to a co-worker’s semen or blood? why is that even a law?
you can sue them and take a shitload of money
omg, that is messed up. didn't even know this was a thing
fuck that sorry for not contributing to the convo butt fuck that
isn't that a hipaa violation? edit: hippa to hipaa.
so...the fucked up part is the currency and not the part about "you cannot be a teacher and be hiv"?
glad you don’t have the hiv. not really sure how your hiv status is crypto related, but cool story bruh
imagine going to the trouble to make up this stupid ass story
yeah. so. this sounds like a massive hipaa violation. like a massive one unless you signed a consent form to have your sensitive information be shared. even if they did not share your results, that facility calling your school and informing them you were even there (again if you did not sign a consent form to share information) is a blinding violation and i would consider leveling a complaint against that facility
lesson learned, next time , pay in cash.
i'm curious as to how this pertains to cryptocurrency
why does it matter? do they expect you to have sex with the students or something?
baby boomer monero holder here: what are the problems with the following options: 1) cash 2) monero maybe what is needed to preserve privacy is a war on debit.
why cant you have hiv as a teacher? youre not infectious with hiv...
this is illegal in europe and has nothing to do with central
im sorry but i do not see how cryptocurrency would solve this issue any differently than just paying with physical fiat cash vs. a debit
if you understand why having hiv thisqualifies you from being a teacher maybe you can explain it to me like i’m five please? are they trying to protect the students from stds that could be passed from their teacher? like instead of trying to stop teachers from raping students they just try to make sure the teachers don’t have hiv first?
did you actually confirm it was your bank that called your job? i’m sorry but this seems like an incredibly unlikely story. i have a very hard time believing a big bank gives a shit about basically any working class persons transactions. you are nothing to them. why would they do this? what country was this in? what bank?
unless you signed a consent form this 100% violates protected data.
it’s why you need privacy laws that are enforced. paying with bitcoin might help some, but it could have just as easily been someone who works at your doctors office pulling the same shit.
the bank should not thisclose this personal information to your school. that's why we need to decentralize...
no way that would ever happen with the strict gdpr laws here in western europe! everything medical related is strictly confidential 🤫🤐
when i die and get reincarnated i am coming back as a virus. i do not like people.
only an anonymous cryptocurrency really solves this - we all know which is the best one for that.
damn, if you were in the us you would have a pretty good claim for a lawsuit, as your medical treatment is a private matter.
look i know you just came in for a currency change, but your human rights are failing and your privacy is shot. not to mention the thiscrimination thats rotting away your society. if it were me i'd just throw this government out at go with a new european model, they seem to perform best on average. however the owners club is a source of drama.
hiv tests are free and anonymous in my european union country. the testing stations are there in certain hospitals in order to stop venereal illnesses from spreading in the population. when you get tested, the receptionist gives you a number. the nurse takes your samples and a few months later, you come back with that number and the receptionist gives you an envelope. ' the health authorities in my country know that, if the testing is public, then nobody would ever show up at the testing station which, at the end of the day, translates into more people spreading hiv and etc. without wanting to be aware of their illnesses.
lol revolut monzo or whatever mobile online banking you got in your country loool
i may be wrong but if you live in europe that cannot fly. that must be illegal.
shouldn’t they have to reimburse you for whatever it costs if they want to know the results? they should have payed for the test in the first place i would think if it’s mandatory.
sounds like a required test for a sex worker. thailand us known for having a lot of hiv positive sex workers. shouldn’t be a requirement for a teacher.
so you “don’t have to hide anything”? because your result was negative? wow ok
where is this? unless you're having sex with your students, which i'm pretty sure is not a thing that should be happening anywhere in the world, why tf is that a requirement?
what backwards fucking country you living in?
wait, i should support crypto so people can circumvent a government trying to eradicate a dangerous and deadly virus?
getting hiv sucks but it’s also fun
or use cash? cash is a currency that can be used for private transactions.
> you cannot have hiv and be a teacher, which i understand, i guess. people treated for hiv reach a state called "undetectable", where they cannot transmit hiv to anyone else. theoretically it is safer to fuck someone who is undetectable than someone who did a hiv test the day you fuck them. discrimination against people with hiv is medieval.
there are multiple problems here, and it shouldn’t be crypto to the rescue.
this is not why you need decentralized currency, this is why you need decent privacy laws.
you can’t have hiv and be a teacher??? that’s absolutely ignorant af and thisgusting.
this is nuts. i would immediately take my business elsewhere. fuck this bank
or you could pay cash
this. is. fucking. crazy.
how the fuck does a bank get to ask how you spend your dollars? there’s all kinds privacy and hippa violations here
what type of country is this? the idea of my personal bank analyzing my transactions then calling my work place about personal and confidential health information sounds completely fucking insane to me as an american. i would become a millionaire overnight if they did that here.
sounds like a communist... move to a country with human rights.
yeaaa...so many things wrong with your story and so much you seem to treat as normal
oh yeah decentralisation is what we need... and on a friday evening, some chinese whale wants to have a dick swinging contest with some other whale so they manipulate a fucking “decentralised” shitcoin and not had some on your debit card. i’m so sick of this bullshit rn. crypto will never be able to replace anything if anonymous assholes have this power.
um, wtf? maybe instead of just banning people with hiv from teaching they should focus on getting teachers to stop having sex with students or sharing their dirty syringes if it is that much of a problem? wtf shithole country is this?
jeez. where the hell (non specifically) do you live?
so glad for hippa laws for this reason.
you do realize the blockchain is public right? so the school could also pay for a service that will analyze the blockchain to see if any of their teachers have paid for a hiv test too.
in america, that is called a good ol fashion hippa violation.
this is a hipaa violation. call a lawyer and go after the bank. they will settle.
why do you think it was your bank who called your work. if you went to an actual clinic they probably have protocols to report these things.
the weird part of this is the bank involvement... are you sure it was not the clinic who contacted your work since this is a work-visa related thing? maybe when you chose the full exam, your employer is notified when you exam is done at the clinic, because nothing about your debit card triggering a call to your work makes any sense to me...
sue your bank! and maybe the school... this is exactly why the uk has the data protection act
the doctors definitely called your school to...
lol i don’t think the problem here was centralized currency
how would crypto save you? do you think that testing facility would accept monero or doge coin ?what a joke
this has nothing to do with crypto. you could have paid with cash, or a prepaid card, or any number of other methods. this has to do with privacy laws.
\ is a privacy option
i mean your not sharing needles or fucking the kids you should be fine...
i would switch banks asap
>in my country, you cannot have hiv and be a teacher, which i understand, i guess what's your understanding of it? because i do not understand this.
sounds like a hippa violation if you are in the states.
what part of cannot have hiv and be a teacher do you understand? i do not understand it at all.
pretty sure all crypto transactions are still tracked anyway
there are hippa laws and they could be fined. this is a blatant violation. ( it is a federal law that sets national standards for all states)
and why are people upvoting this? this is one of the reasons im not fan of xmr. cuz people will abuse it to hide important info like this. what is wrong with school asking for proof that you dont have hiv if you have to prove it anyway? system works as it should.
that's not a problem in decentralized currency, that is a problem in banking systems overeach
a very common misconception is that decentralized currencies (e.g. bitcoin) are private. the whole point of the blockchain (the basic technology almost all of these cryptocurrencies are based on) is that you have a thistributed, *public* ledger. this means that cryptocurrencies are *anonymous* in the same way that the internet is anonymous, but does not mean that you actually have privacy. for example, if your work pays you with bitcoin then they have your bitcoin wallet id. the entire blockchain is public knowledge, so they can trivially look up all the other transactions you've ever had with anyone using that wallet id. i'm sure that someone has already created a service that correlates bitcoin wallet ids with real-world businesses, or if this does not exist then it will soon. your business is going to pay 've ever paid using that wallet id. they'll know who your doctor is, how often you eat fast food, whether you've ever visited a marijuana thispensary, etc. ok, so you have one bitcoin wallet for your work, and another bitcoin wallet for your personal items. now the problem is how you get money from one wallet to the other. if you just send the money on the blockchain then suddenly your personal. if you have a recurring transaction every month then it is obvious what's going on. the only way to anonymously move money from one wallet to another wallet is to go to a bank or other institution and pay a fee to convert your bitcoins to cash, and then pay another fee to convert your cash back into bitcoins in your private wallet. this is good enough security so your work does not know you're buying weed every other friday, but it is not going to protect you from law enforcement or anything else of that nature. when you convert bitcoin to cash at your bank the blockchain records the transaction between your wallet and the bank. the cops invoke anti-money-laundering laws and the bank will happily tell them who they gave the money to.
that's really scary. my bank tried to hound me about my job and i gave them some bullshit. i mean i told them i'm a freelancer which was not really satisfying them but they had to accept it. if i ever become an employee they will never know - at least not from me.
> you cannot have hiv and be a teacher, which i understand, i guess. the general duties of a teacher would not expose people to hiv. it sounds like stigma without much of a reasoning basis to it.
in australia when you apply for a permanent visa you have to test for hiv and tuberculosis if you have either you will be denied
i do not care which country you live in, i'd sue them to oblivion anyways. they must have some kind of privacy policy and that is reprehensible.
i mean, had you paid in cash this wouldn’t have happened. not sure how this leads to your conclusion of a decentralized currency unless you think when visa starts accepting bitcoin that your school won’t have access to the same transaction logs
yeaaa definitely a hipaa violation
wow thanks for sharing! very informative
have you considered doing things that do not give you a risk of catching hiv?
i'll take things that never happened for 500 alex.
the bank hate is why i feel crypto subs are so toxic. maybe it is where i'm from, but i personally like my bank, they are decent to deal with and i have zero issues using them. there's a place in my life for both banks and crypto. one will never replace the other.
is it possible to have a decentralized base currency?
if this is in america they violated hipaa and you can sue the everloving fuck out of the bank and school
on a separate note... may your health stay blessed my friend!
unless it is a privacy first coin, most cryptos likely wouldn't help you either unless you take precautions to obfuscate your identity.
i think it gets flagged automatically. in my country if you transfer your money into online betting you will prob be declined a loan in the future
wooow o_o as i’m dr in pharmacy i can’t believe how the medical secret has been broken. and how it’s not ethic. living in france, for sure this can be suit easily and you win here.
privacy coins. using open ledgers to transact ist even worse than banks. the school could just see your spending history directly.
not reading everything. only have to read the title to know that is illegal.
i think you misunderstand. we most thistributed ledgers, the school could look at your transactions directly in your wallet and wouldn’t have to be informed by the bank. on the contrary, in most countries, there are regulations about bank secrecy, and it is completely illegal for the bank to thisclose transactions like this.
just curious, what kind of backassward country does not allow you to teach if you have hiv?
use cash while you still can
this is not a centralised currency issue. y'all really just stretch to add reasons. it's like propaganda.
why does that make sense. that would only be an issue if you're fucking the kids... do not fuck the kids
idk i’ll be ok with that
well well... such an enlightmen here... 😁 i wonder what country did op's mention? is it thailand? singapore? (like the reply below?)
you mean like cash?
the lesson for the future - pay with monero, arrr or private send from dash.
that’s for sure a hipaa violation.
defi is the way. i got denied for hardship assistance because i temporarily have no income. fuck wells fargo. transferred most of my money into defi after that call and closed my savings account. i'm sorry your privacy was violated by a financial institution.
brings privacy to ethereum transactions. you can use zk.money to spend zkdai (a private version of dai) on a few items:
if in the usa, this is a violation of hippa(and equivalent protections) by everyone involved, you can only imagine what else has been happening. seriously calls for an investigation.
yeah but imagine you accidentally get a paper cut and have hiv, and unknowingly pass it to students, there is 2 sides to every fucking coin but you guys dont understand. even when the biggest crypto is bitcoin you still cannot get a simple concept
to be fair, if you have a deadly virus in your veins, it is not only about you anymore and people often tend to hide their weaknesses to keep their place so in this particular situation if i'd be a parent with my kid in a school, teachers better be transparent about their health condition before i let my child near them. it's not about your data or decentralisation, it is about preventing deseases from spreading. that's how people stopped a lot of plagues back when medicine became widely adopted.
wouldn't they still be able to see the transaction on the blockchain?
it's like no one has ever heard of... monero?? the privacy coin. geez people
this is why we need an immutable public ledger of every online transaction.
hey just fyi to people thinking ' countries outside us are strict and nuts...' the us is equally if not more invasive to foreigners when they come to the us and they get progressively worse as you go towards trying to become a citizen. i've seen through people i know basically get sexually assaulted by 'doctors' using their influence over the immigration process [basically you have to have a full physical (no it cannot be any doctor it is specifically certain 'qualified offices', tons of tests, and no stds or thiseases etc...]. some doctors are creeps and they will abuse that sign-off on your paperwork (that you've spent a year jumping through hoops to get it that far and paid (physical and interview are basically the last steps). do you risk defending yourself, making a scene, etc?... note most of these people do not have expendable income and it likely took years to get the cash to submit the first time. they definitely would not have lawyer money.
crypto is so untrustworthy if a single man tweeting can alter it so unbelievably much
i'd rather work with an hiv positive anybody then a silent carrying covid nobody.
they have a similar system in singapore. if you are a foreigner and get diagnosed with hiv your work pass is revoked and you (and your family) have to leave the country. hiv testing is also mandatory for your work pass to be approved. on the bright side, numerous anonymous clinics have opened in the past few years. i went to one and it was only foreigners in there lol
this. absolute lack of privacy
looks like thailand based on ops posts.
meanwhile in europe they would not even let me check my wife's insurances because of gdpr
i am getting small south east asian country vibes here
sounds exactly like south korea.
sounds like any place in asia. my bet is on korea.
where on earth do you live? this is illegal af in soooo many countries
yes, it would be so satisfying to get them pay some serious $$
probably the easiest way to go directly to jail "disrupting public order" "being gay" a country with such privacy issues has no just justice system, just some state run organized crime.
yeah this is a political issue not a issue crypto could solve.
replies like this make it so obvious the level of privilege and entitlement many in this sub live. there are many countries out there that do not have the freedoms of your countries. you may be talking to people from countries where right now they’re literally in the middle of a local. you may be talking to people where there is no sense of privacy, and not the “facebook knows i bought ice cream” violations. but “i got an hiv test and my government already knows and will fire”. it’s a reality for millions (billions?) around the world. i do not believe crypto is the savior against wealthy individuals as many believe here, but i do feel it is important for people in less privileged nations and societies than i am in. *edit*: to tack on from a reply that got deleted, “fucking sue them” mentality isn’t even that easy in a place like the us. what makes people think that the answer to everything is “fucking sue them” when it’s very clear op is in the least a very corrupt society, probably extremely cost prohibitive to “fucking sue them” (and win and not be harassed killed for doing so), and very realistically is the law that they’re allowed to do this. y’all need to realize that crypto community is going to have lots of people in underprivileged societies and nations using it as a way to help them in ways many of us can even begin to fathom. don’t think “fucking sue them” is remotely the answer for many people in this sub.
data protection is not a global thing. from the sounds of it he is not in europe or or any other english speaking country
it looks like thailand from the post history
the places that do this, do not exactly have the best track record when it comes to privacy. op is in thailand i think.
most likely 99% middleast
op is not in the us. contrary to popular belief we actually do have many protections and freedoms not found in most countries.
no, this needs added to his health passport. your medical records are government and private company property. you will get the vaccine passport and you will follow the rules. you have no choice.
i worked as a teacher in south korea and clean hiv tests were a requirement of my teaching visa. my bank also contacted my school on a regular basis to pass on messages via my boss as we couldn’t really communicate otherwise. i’m assuming that op is in a similar situation.
this 100x. if they broke any data protection laws they are massively screwed.
my money is on a gcc country as i'm living in uae and it is mandatory here.
i was an english teacher in taiwan and had to have similar types of checks. the signed off document would then be used to renew my work visa. sorry to hear about this!!
yo wtf. i also agree. in the us this would break so many laws...
this is also true is many us states; they have laws in place preventing you from working in some industries if you have hiv
i think a lot of people in the west are pretty sheltered in terms of understanding how the rest of the worlds countries operate. things like privacy, individual rights, or stigmatization that are pretty ingrained concepts in the western nations are no where near as prevalent in much of the rest of the world.
this. in the us, this would be a violation of hipaa, and could possibly make op very rich.
unfortunately this is more likely been exaggerated if it happened at all and your advice is falling on deaf ears lol. they will enjoy the fact that you cared enough to respond. but no school would touch this subject and breach hippa with a 20 foot pole in 2021
individual protection laws and the ability to litigate are very rare powers to possess on a global scale. even as a 1st worlder it is a prohibitively expensive longshot to fight an employer, and you will crush your chances of being looked at as a low-risk employee to any one who hires you in the future, regardless of who was in the wrong. this same dynamic accounts for lower female employment as maternity times go up by law. an employer would wisely view any leave as a risk to be assessed as part of hiring. same with litigous potential etc. you have to think of the person insuring this school- are they protected if they do not ask this question and something happens? lawyers have everyone covering their own ass at great expense of time and money to us all. the world is currently flirting with the idea of having the reporting requirement described above for covid. it would make sense that in countries where access to info and condoms etc there would be more hiv reporting than in the west.
my first thought too!
op probably lives in a communist country. no privacy and you can’t sue the government, lawyers get locked up too if you sue the government. only america we can sue for . other countries would be like, coffee is supposed to be hot. 🤷🏻‍♂️
aww... americans are so adorable
going out on a limb here, but a country where you might just casually have hiv probably doesn’t have the most stringent data protection laws. still a good idea to check... but ya i feel like this is really just par for the course.
try getting life insurance in the usa or any other country, they will go through bank statements, social media accounts and electronic health records and if you have obtained any sort of medical test with a known provider then you will have as much privacy as this guy. usually though, they will not flag something like this when you start paying premiums, they will wait collecting them until something happens. at that point, even though you have been paying premiums, they will bring up that . if it is a result that is not favourable even though it may not be anything to do with the claim, everything gets denied because you "lied" by omission.
is there an equivalent hipaa law in their country? that would be my first question. edit: had to fix the word so the bot wouldn't have an anurisim.
in usa atleast from what i know if you have hiv.
are you playing lost relics?
uae required hiv tests to grant new visas when i lived there for over 7 years.
i mean it’s pretty obvious from ops description they don’t live in a place like that
does hipaa not exist in your country? (serious question)
1 million dollars to the person who does poop with their phone. we lost all rights to privacy for information
yeah exactly! like using crypto here would be a bandaid on the actual problem. like damn. and what kind of country is it? like are they just assuming he? or is it just straight homophobia(because only homosexuals get hiv...)
_bank calls_ excuse me sir our scan says your blood temperature is rising. please keep your blood temperature at a reasonable level, we don’t want to have to call your insurance provider.
its horrible, cryptocurrencies can hopefully solve some of this issue
i feel you, it makes me nauseous.
do they assume that if you’re a teacher you’re fucking the students? it’s both hilarious and dark and scary.
you'd be surprised how fucked things can be in different parts of the world.
in singapore, if you are a foreigner and get diagnosed with hiv your work pass is revoked and you have to immediately leave the country (and you're family, if they are dependents on your work pass)
we do not want to spread cooties, sir
in my country not only teacher but even surgeons can be hiv positive and continue their job. most people living with hiv take medication and their viral load drops to undetectable levels. this means even condom-less sex is possible without risking infecting the partner. few people seem to be well informed about this topic. this is not the 80s or 90s anymore...
no we are just living post britney zamora
this is so backward, what the fuck. what do they think teachers are doing?!?
_phone rings_ hello yes it is i jim from the bank, it turns out you have cancer (sorry btw) you should tell your wife, she’s in the garden according to our satellite. ...insurance is gonna set you back a bit
without banks you don’t have to trust an institution to keep your privacy. with decentralised currency you can have privacy by default, so it does matter what currency.
i think the fact that whichever currency op paid in came from their debit card is driving the privacy concerns. if they had paid in ~~most~~ a number of cryptos, only the patient and the doctor would ever see the transaction.
>in italy the bank employee would be in serious trouble pasta la vista
it is because cash would solve this problem. crypto makes it worse.
for context, i'm a banker in the us. the only reason i can see why the bank would be calling would be because there was a fraud flag for the transaction or the person had o. the only way we would call the work is if you added the work number to the account. (btw that would authorize us to call that number to thiscuss banking without in depth verification.) the other issue there is that the person who called clearly did not verify that the person on the other end was op, or they did and whoever answered at the school lied. bank employee has a chance of getting fired if op formally submitted a complaint. school employee is out of line forwarding any information regardless i would imagine. the school also surely cannot force someone to give up medical info. that seems against the law.
in italy, i cannot even think of a bank employee giving a shit about you.
most anywhere i've been it would be a crime thisclosing this information... doesn't matter which currency ou bank you use, this should not be allowed. also, screening for hiv? unless you work for the porn industry, i do not see any reason
let s be honest. we do not have rules against hiv that i know of but it sounds very american to spy on people. everything we do is spied in usa
in northern ireland you cannot donate blood if you're gay. that's a law, in a "westernised" nation. because according to the government being gay automatically makes you a thisease ridden whore. who does not love some state sanctioned thiscrimination and homophobia.
can you explain your comment?
> non westernized there are so many problems with this, i don’t even know where to start.
privacy should be a human right. the systematic attack on privacy over the past few decades is scary
yep. same in singapore. all work passes are dependent on your hiv status. if you contract hiv while you are here; work pass is immediately revoked and you have to leave the country
makes more sense, these asian countries dont require it of their citizens, do they?
small-town lack of privacy can be culturally a "fact of life," and it is true that governments allow invasions of medical privacy such as mandating tests but that does not make it morally right or even acceptable by international standards. fun fact: mandatory hiv testing has been ruled as a human rights violation (in south korea, anyway, by a un watchdog) and more people should know about that:
privacy coins are still a thing, you know.
this is that i was thinking as well. you do not need crypto for privacy. could have just paid by cash. some youtubers have btc addresses you can send money to. you can check how much they have made easily!!
you do realise that you do not have to use the same address to buy pornhub and coffee. dexes exist. alt addresses exist. the difference between crypto and banks is that money can be traced back to you. crypto can be traced back to your address. if you hide the link between your addresses and from your addresses to you, you are safe. i know below you wrote about monero and shit. to let you know, privacy coins are still highly flawed. attacks like the knacc attack exist on monero that can lead to you possibly being traced depending on your luck. the real way to avoid being tracked is to minimise the link between your address and you as a person. far more people can get because of that than due to an actual vulnerability in the bitcoin itself. ross ulbright did not get caught because he was traced using the bitcoin ledger, but because he was a dumbass clown who doxxed himself on a forum.
believe that’s only if you use the same wallet for those two services. the credit card companies are doing the same thing and selling that info to third parties.
not with xmr or mimblewimble ltc no.
the absolute madness is how many in this thread do not understand this.
lmao true. at no point would a teacher having hiv affect a pupil like that unless there’s some fucked up assumption about a persons character based on the fact they have it.
plot twist: op is a dick sucking instructor
it does not solve it. cash probably would though.
in my country you would take the banks money using a lawyer easily if they pulled shit like that at least 10k usd due to financial privacy violation
monero will free us.
if you use cryptocurrency to break the law then policy will be against us
are you challenging me?
let’s meet in the middle, sue them, likely fail cos of corrupt officials then take a little walk with a jerry can
op is not in a western country - this may be totally legal where they’re at
i’d skip the sue part and go for a little walk with my jerry can.
yeah, privacy totally ignored here by both
_saddest shit you read so far_ in all seriousness the world is a hellhole in so many ways and being in a first world country tends to let you lose sight of all the things you take for granted. starbucks not having your favourite drink can set someone off for the day but a few thousand miles away in palestine there’s a kid wheeling out all his survived possessions away from the rubble that was his home.
people hardly make a killing teaching the next generation. they do it to make a difference. fucking treat these people right. sorry to hear, this is so shit
ya i was thinking the same thing. you cannot get a teaching visa with hiv. to be fair the hospital would call the school because the visa belongs to the school not you or some weird thing. i do not really remember how it works so do not down vote me into oblivion if i am wrong.
the students are vulnerable due to lack of education.
not if you buy monero or dash
that’s a good point. any extra level of payment obfuscates what the bank sees.
suspect or suspicious?? susan??? sustainable??? which one is it????!!!!!
based on what i've seen (and lived through) very much likely they do.
how fucking stupid and privileged are you to think other people around the world have that kind of recourse? wake up.
if the op lives in the developing world it is likely none of the usual data protection laws apply.
depends where it is, what the local laws are
might be in south korea, where they test all foreign teachers for their visa:
litecoin will have this in a few months as well.
hippa only applies in the usa, does not sound like they are in the usa if they cannot be a teacher if they have hiv, because here in the usa you do not have to divulge your medical history.
you do realize that hippa only pertains the usa right? and at best it is a guidline, at best usually someone will just get fired from a job. rarely even sued
op isn’t in the usa.
does that mean you're against cash since it is less traceable than crypto?
why? if someone is undetectable, they cannot transmit, making it no one's business.
the bank is not supposed to be involved!
or at least a prepaid debt burner card.
give it six months and you won’t be able to make that statement.
can you buy it without using an exchange?
first, i believe op does not work, so hipaa does not apply. second, hipaa protects you from a third party thisclosing medical information, but does not forbid a bank communicating another company. and if the country where op lives forbids hiv positive people to be teacher, i assume the law there allows them to request to be tested and provide results.
we still have huge efforts to eradicate the virus (check hptn) - but i'm not sure a governing body
“government trying to eradicate a dangerous and deadly virus”. how does that have anything to do with the person being able to be a teacher? are teachers expected to have sex?
the number of people in this thread that do not realize the op is not from the us is way too high. the us does not ban people with hiv from being teachers. that should have been a big enough clue.
clearly the op does not live in the us. also, its hipaa.
only in the us.
this person probably does not live in the us
clearly its not america. we do not ban people from teaching or any profession (except maybe porn) because they have hiv.
this is not in the us.
there are laws against this in the us.
this is not a hipaa violation. an employer making health record availability a condition of employment is an agreement made between employer and employee. as for the bank, it is a violation of anyvestablished client private policy but has nothing to do with hipaa because the bank has nothing to do with healthcare.
reading the first sentence makes me think this is not in the us. so hipaa does not apply.
it takes more than a paper cuts amount of blood to give someone else hiv
you have to use the
so you only use cash? how do you make online purchases?
in what situation would a teacher’s hiv transmit?
what makes you think public health care will have privacy as a feature?
people think this does not happen in the west but when i applied for my canadian pr i had to take a hiv test and a positive result would have meant i was denied. on the bright side my canadian wife could have just come back to the uk with me since they do not have that rule, as much as most canadians try to say they are a more liberal country edit: spelling
also now some of these anonymous clinics in singapore have the 15 minutes hiv test, cost “just” 60s$. unrelated, but spreading the tip
my suggestion has nothing to do with crypto but download the privacy app for now. it generates one time use debit cards on your phone to use with shady sites and apparently shady clinics.
this is why everyone wants to move to the usa. they have hipaa health information protection, pii personal information protection, and a suite of other laws designed to protect individual rights reflected from their constitution, bill of rights, and amendments. that is why free minded chinese are fleeing ccp controlled china and canada. it’s exactly the opposite of usa in china. canada is in the middle of transitioning from a european commonwealth-style governance to ccp-controlled governance.
tell me about it. i "gave" something to a chick unintentionally and when she went back home to singapore she told me she could not go to a doctor to get it treated because she would get kicked out (student visa) i had to send her a "gift" in the mail and hide drugs in it so she could fix it (and thank fucking god i wasnt' in the usa where i'd have needed a prescription to even buy the drugs! rights violating cunts, i hate my cuntry.)
i am not talking about the hiv test. i am talking about a bank contacting the employer based on some transaction they found on your account. that is the data protection breech. inexcusable. may be legal in some countries, but that is another question.
nice name, we should be friends.
those are fucked laws
i get what you're saying, but the thing here is not that op was diagnosed, but simply took the test, which indicates the bank is taking a position almost arbitrarily. not sure why bank, notorious crooks, should be involved in any life choices, and i'm for smart regulation. probably a mile long list of things they do we should be notified for.
i mean, as long as you’re not having sex with the students it should be fine…
gross... maybe they should stop letting teachers fuck their students, then it wouldn't be a problem 🤷‍♂️😂
just imagine how savage the response would be if usa started deporting people because they had a virus. the world would go *bonkers*.
its the same story in uae. british imperialism.
why foreigners need to check for hiv in singapore? i have my theory...
i’ve always had to do blood tests to get work visas, and that includes hiv and some other thiseases. that was in asia and middle-east mostly. nothing surprising but if you’re a citizen’s a bit odd. and if you went independently they shouldn’t snoop or care of course.
singapore? yeah you’re fucked. you’re bound to get caned if you speak up.
we have a similar thing with tb in australia. everyone who wants permanent residency has to be screened for it.
wow that’s so divisive. they should be more like amerikkka. i’ll dye my hair purple and start a huge protest movement. don’t worry singapore! i’m on my way!!!
that kind of stigma on hiv is going to make people just not get checked and exacerbate the issue. but okay singapore, one of the sex tourism capitals of the world.
what the actual fuck. i thought singapore was a first world country.
>i'm not sure why someone was looking at my transactions, or maybe this kind of transaction gets flagged automatically for different professions. anyway, the school asked me about the results from my tes what the fuck though, unless you like exchange blood or have sex hiv is not transmittable and can be fully surpressed by medicine. this is just pure hate. if life was not already hard enough if you have hiv. disgusting imo.
are all migrants working as hookers? or they rape all employee?
anonymity is not exactly a universal concept yet
top internet detective work comrade
many asian countries will register foreign workforce with local authority upon arrival, one of the papers required should come from the job providing entity (language school in op's case). usually there is 2 weeks period after arrival for this required registration for longer stay permit. i am assuming the test center is required to automatically notify the authority for foreigners' test intention. then this bureau will auto forward this info to the employer found on record. so basically it has nothing to do with banks imo, but op wanted to share his 'frustration' and farm some moons in the process with 'banks are bad' sentiment. just my 2 cent analysis, could be wrong obv.
as much as that is an inconvenience and while it may suck in your case, there have been enough cases, that warrant that.
i hope you're not planning something sinister. if you are, gdpr might be saving your wife's life...
i was gonna say it sounds like vietnam.
even in "shit hole" south africa this is likely illegal under our popi act
i’ve taught in korea. it’s probably korea.
dude, that is why i wrote that... i just do not assume that op is in north-america or europe. where on earth do you live?
this is the norm for a work visa in asia and the middle east.
why could not crypto solve it? there would be no bank to be calling the school surely
what is this privilege stuff? i made it a point, that - depending where op lives, that might be a serious breech of data privacy laws. no privilege here. yes there are countries, that have shit privacy laws, if at all. but should i not raise the issue and let people stay ignorant, because somebody might have hurt feelings? and no, crypto is not the default privacy, that some people tend to attribute to it.
so this is why china wants to ban crypto
"where is this? check if they broke any data protection laws..." is literally what i wrote. i did not assume, that this is an option everywhere in the world. why? because i am also not from the us, either. but i assume a lawyer would be the person to thiscuss repercussions of legal action.
that is the worst example you can provide. they gave that woman third degree burns on her fucking labia. they knew the coffee was too hot and continued to make it that way, they had been told multiple times to not make it that hot. america doesn’t have a “sue then” culture, it has a “make things seem trivial so that people are less willing to hold corporations accountable” culture.
casually getting hiv is not a thing anymore. in dating when things get serious i get tested and ask my potential partner for a test, too, if we skip condoms for example. so might be absolutely legitimate reasons for getting a test.
what is hipaa? i am not from the us... hence i ask about data protection - which is the abstract concept - i do not assume op is from the us.
you do realize that it is a different case that you are describing... not the same at all.
is it tough? what makes it so obvious?
are you asking me or op? because hipaa is there to protect your privacy. and i am telling op to treat this as a serious breech of data protection. i just don´t assume, that op is in the us, hence my question about ops contry with more generalized terms, and not hipaa or eu gdpr or whatever.
dude - crypto is not default privacy. just like buying rocks with bitcoin got people in prison.
please drink the verification can to acknowledge
it could also make it 10x worse if your identity is tokenized and laws are programmed into smart contracts.
*private cryptocurrencies the transparent blockchains are not suited for this either
it would need to be a non surveillance-crypto though, right. bitcoin would not cut it.
that's crazy if that is so lol
what’s interesting is how rare it is to contract hiv when using no protection(!). i have a doctor friend and was shocked to learn it’s actually very hard. why am i getting downvoted? it’s like 4,000 for penile. ^from the cdc:
thats the assumption when schools boards are full of karen’s(men & woman alike).
i'd say that is probably exactly it. it's the "[gay plague]( and you cant have those perverts around the kids.
it seems like it lol
so inspiring! from now on, i want to be a teacher when i grow up.
i mean one teacher fucked me over by giving me a failing grade on a project i worked really hard on and accused me cheating due to how accurate i answered the question. i was doing bad on the course failing a few test and i put extra effort just on this to boost my grade see if i can turn around my trajectory in this class. then this bitch failed me accusing me of cheating and i explained each thing thoroughly and she still refused to believe i did this work. i did not get in too much trouble she just failed me but after that i pretty much said fuck it with that class and retook it the next semester. but still fuck that bitch.
you mean pormhub is not real life?
i bet its just hiv paranoia that still hangs around in some cultured what's that is regarding spread or homosexuality or a mix reasons depends on the culture
from crypto to pedophilia o_o what a post
the chances are low, but never zero …
sex ed teacher maybe? edit - holy fuck reddit, it was a joke, i'll use the . thought at least here with all the stupidity that we talk about it would have been obvious.
nope, its just that you obviously cannot be a good teacher if you were dumb enough to get hiv.
it's not like it is only an std, even though it is not all fluids and exchange of blood could happen if not probable. i'm not denying the huge privacy issue here, but i can see the reasoning.
yeah. what is this, america?
that's specifically what teachers are not supposed to be doing so you'd think if any profession could have hiv it would be a goddamn teacher you know if a world where employers ever get to know your results and thiscriminate against you for them??????
where can i sign up as a teacher? too dark?
the best faith argument i can come up with is that there could be concerns about blood to blood transmission in some workshop classes especially but i agree this is an invasion of privacy on the part of the bank.
ok but that actually happened a lot in my town
it probably has homophobic roots.
probably has to do with superstitions about being able to transmit hiv without having sex. but maybe it is actually about having sex with the students, who knows, it is probably not that uncommon, especially in less developed countries. it also happens in developed countries a lot more than one would think, especially because school often goes way beyond the age of 16 or even 18 sometimes.
... are teachers not supposed to be doing that?
either that or they’re worried about possible blood contamination from a school shooting
no, they assume that teachers are spraying blood all over and into the students
apparently that is an acceptable farse
i do not think so, i think the risk comes from a child biting you or something, and i can understand that
or bleeding into a students open wound i guess...
nah, you're obviously making them lick your wounds.
op must be from arkansas.
why do the think there are not a whole lot of male teachers at early learning centres? there's a whole stigma behind it.
that’s weird that that’s where your mind automatically went. there’s other ways to contract hiv ya know?
all banks if you tick a box on anything that requires you to divulge that information. insurance, finance etc.
yeah ppl tend to forget, or not even know.
so... you *have* to tell us which country this is or at least which region. i’m just too curious now.
things are fucked up in every part of the world. just different things.
singapore is a quasi-dictatorship. that's no secret at all.
if the last year showed us anything, then it is that people are not very into science and their information about scientific stuff is, nicely said, a tad outdated. treating a treatable thisease like that like it is a death sentencenis so 80s.
the '80s were better than now. having a cell phone everywhere you go is convenient but it is also a curse. society and culture were better in the '80s.
theyre either cool with teachers humping their students as long as they dont have aids or theyre the kind that think saliva can spread aids and that teachers spend an inordinate amount of time licking their hands and wiping them on students like some kind of gross 5th grader.
lol,it is a bank or nsa?
with so many kycs is that really true?
the problem here is that his employer requires his health information. that cannot be fixed by technology alone. in fact using a traceable cryptocurrency would only make this worse: the employer could see exactly where his paycheck goes, even without needing a bank's cooperation.
>if they had paid in most cryptos, only the patient and the doctor would ever see the transaction. is that true? i'm still learning but my understanding was that the ledger is public for most cryptos meaning most people would be able to see the transfer between one wallet and another if they looked right? assuming they knew what wallets belonged to who.
could also have paid in cash. this just does not seem like an argument for decentralized currency to me. it's simply an argument for privacy laws. this would have been illegal in most western countries. crypto is not going to trump overbearing governments, see china and india moving to "no crypto. unless you use the one the government made"
🤣 you are right
what is the reason behind that tho?
makes sense. fun fact, the new king spent like 3 weeks in thailand during covid. he was in germany with his mistresses the whole time.
there's is no way this is the usa and you would have to be completely ignorant of the world you live in to believe op experienced it there.
you'll be surprised. the usa had an entry ban for even tourists with hiv until obama lifted it in 2010. this was the reason why until then all the big international hiv research conferences never took place in the usa although most of the research was being done there.
let me guess you are russian or chinese and you think usa is spying on you little guy lmao
72% of hiv patients are gay men 1-2% of population have 75% of stds
yeah, like privacy is only a thing in western countries meanwhile snowden revealed that western countries spy on their citizens 24
it absolutely should be but it is only going to get worse
this. it's really scary when all these big companies have your info stored somewhere
get out of my country you sick piece of shit!
same in the uae.
i know. i did not want to make my response a monero shill. even so, all crypto except for privacy coins (what % of coins are privacy coins, what % of market cap do privacy coins take up?) have this problem. so when people post about these sorts of problems, unless you're making an argument for privacy coins (which are often assumed to be used almost exclusively in criminal endeavors), crypto is not going to help you. if anything, it is going to make that information that you'd prefer to keep quite a matter of public record, easily accessible to almost anyone.
even then, if the person with hiv takes their medicine, you can not pass the virus, not even fucking without protection.
ah the old suffering olympics, gawd love it. you should feel bad for feeling bad because someone is feeling badder making your bad feel actually quite good. now get back to work!
lulz. thanks bot buddy.
its thailand. probably one of the most lgbtq friendly countries in the world
not a hipaa violation?
good bot for catching my mistake ☺️
haha you understood what i meant tho captain hipaa
good bot, duck you autocorrect.
its everyone's business at school unfortunately, its in their contract. i wouldn't want my kids around someone with hiv
for sure thank you. i'm very intrigued that there is no protection from having a bank or a similar entity reaching out to say services were rendered. to me, that feels like a violation of my personal and sensitive information
it's those damn students stealing their teachers' dirty heroin syringes. we do not have this problem in the us because our teachers do not get paid enough to afford heroin. dealing with it in our own way, i guess
good bot, even though your name is also misspelled...
the fact that the bank was able to determine what test it was from the intuitions translation remarks is the problem
yep, op appears to be in bangkok
just so you know, you are not denied residency on hiv status, it is because canada has a mandatory thisclosure of hiv status to partners. people who are positive are give 2 months and then a letter is sent to their spouse.
most people have no idea how fucked up canada is now. canada is not the nice, laid back country it used to be.
it makes sense, people with hiv become a massive drain on the health system when it gets bad, we dont accept people with debilitating pre existing health conditions because people try to abuse it all the time. i think its 40% of rejections are people who were recently diagnosed with a long term health condition and try to move here
they are a more "liberal" country though. thats what you get with neoliberal politics. less and less privacy, fewer rights, higher taxes. thats the playbook all over the world.
the usa ~~requires~~ required an hiv test for citizenship until 2008. (edit: my bad, the law was repealed in 2008.)
are country isn’t really liberal. it just has the illusion of being so. we are not as free as people might think, somethings are good and others are just off the chart, wack.
yeah but who the fuck wants to live in the uk. canada is a nice place. enjoy! edit: i'm british btw. why the downvotes? the uk is shit
this is liberalism 😂
so messed up! didn’t know this! we legalized gay marriage ages ago and take pride in our acceptance of refugees. on the surface it seems a liberal country. like i’m so mad to hear about this! do you know where i can find more info about this rule?
when did you applie for canadian pr my wife did not have to take an hiv test
it wouldn’t affect you coming here. that said i think we just allowed single gay men to give blood like a year ago. we got some laws to work on...
canadians love to think they are a liberal country, but trudeau is a flat out authoritarian puppet. it's baffling people think canada is a great place. i watched a video of militarized police arresting a polish pastor in canada, on easter, for conducting service. unreal the times were in
this is somewhat of an issue with how the world sees usa immigration. we have some of the more lax requirements but our system is so fucked up it just doesn’t work right. i knew a guy who moved to canada on a work visa and it eventually expires and denied renewal bc he didn’t made substantial attempt to remain a resident. he said it was he never got promoted and was in the same position. and i knew a kid who was honduran, was canadian citizen when he was 5 when his family moved there and then moved to portland to be a rapper. sooooo who knows.
canada is becoming more and more authoritarian. its sad.
in the us you cannot be denied for hiv. can't even be tested for it. there is a medical exam though
indeed! a famous actor's wedding. he already traveled there for the mtv awards. then his visa was cancelled because he answered "yes" to the hiv form... note that he was only hiv positive and did not actually have aids at the moment. yup, you guessed it, he was denied entry to the us and he missed his brother's wedding.
canada is more liberal then the us but its still very conservative.
i support this. if you want to come to another country, you better be clean. don't come bringing any thiseases.
it makes sense because they wouldn't want to pay for a treatment to get the treatment with the public health care, people who carry this type of illnesses might want to get a pr from a country like canada to get access to their treatment via the canadian tax payers, what does that have to do with liberalism?
she could have gone to an anonymous clinic... literally just requires a google
you show me yours and i will show you mine
hahahaha singapore is hardly a sex tourism destination. netherlands, brazil, thailand, philippines, indonesia, cambodia, many more countries would be placed way above it.
it is. the law is draconian but is largely there to protect the local population.
yeah, singapore is kinda weird. they are fairly wealthy and somewhat westernized, but then you go to the airport and there is military walking around with assault rifles. and they have the death penalty for drug crimes. pretty sure homosexuality is technically illegal there too.
its an outdated draconian law, yes. but its largely to protect the local population.
to be fair, anonymity is not really a concept at all these days for most *monero intensifies*
we are moving away from that it never will be again. facial recognition can follow you anywhere toll booths atm gas station once you get your govt issued crypto they will control how you spend as well. welcome to dystopia
well, they dont call me sherlock for nothin'.
yea i rather have it this way than what op posted about. the fuck...
100%, it is the ever present tug of war between convenience and security. and when things are convenient they are easy to exploit.
checking in here from thailand. sounds like it would be a thai thing too. lol i wonder where it is though...
it's still in the eu, and it is far less fascist than so many countries outside of europe and the rest of the developed world
i mean, i kinda see where you're coming from with this but trust me, this shit wouldn't fly in poland.
go back to the politics subreddit. you do not belong here
i mean, it wouldn't happen in the us or uk and those two areas are quite fascist.
the entire eu is made of fascist countries.
i'm not a lawyer but i never heard about laws on teachers and hiv tests at all in poland.
middle east if work permit asks for hiv test
what idiots spouting "privilege" do not get is that most of the countries that have said privilege earned it though the overthrow of tyrannical governments ranging from monarchs, to facist regimes. would love to see crypto used as a monetary and communication system for funding a democratic revolution and the overthrow of some shit stain government. if they have a king left in their structure or have forced labor camps dedicated to ethnic genocide (coughs in china) they should be toppled. crypto could be a tool in enabling such change.
do you really think based on ops story that this is not the legal norm in their area? hell, do you even have a clue of how outcast and criminalized people with hiv can be legally in many nations? a ton of it has to do with basically homophobia written into laws. i can guarantee you if it was remotely possible to “fucking sue them” that op wouldn’t be asking us this question. this isn’t a 1-off violation that they decided to specifically target op, but a system in place.
agreed on all counts
i’m saying it that it is a good thing that in the us you can sue and hold coporation . my point was in some communist countries, they would probably laughed if you tried to open a lawsuit for privacy invasion. i’m very aware of that mcd lawsuit and how they avoided to pay for her medical bills, if she wasn’t in america she wouldn’t have gotten a penny is my point. maybe her medicare bills covered, that would be it. hell, they probably have cameras in public bathrooms in north korea to make sure you’re not trying to escape the country. no damn data protection or privacy laws in some countries so don’t assume. look what happened to jack ma after he spoke out about chinese banks and financial system. home boy thisappeared for months. probably got sent to re-education camp.
bro that *is* casually getting hiv... in the us, as a 27 year old man, i have never once even considered the possibility that i might get infected. mostly because there really isn’t one. now don’t get me wrong, i’m not saying us is better or any shit - just different - but that’s the point.
hahah ok ok calm your tits there, bot.
it's a group of laws (i believe) that restrict their access to your medical records. so a business cannot ask for anything regarding your health.
i don’t know why people are down voting this, i’m simply asking is hippa or something similar exists because your health information is protected and whether or not you pay a bill with a debit, credit or cash, a bank should not be able to contact anyone based on your spending. it’s illegal.
hip hippa horay, ho, hay, ho!
yes. which is why i said crypto and not bitcoin. monero would be a private crypto. but that is still just a bandaid on the actual problem as i said.
*warning side effects include a rise in blood temperature and diarrhea*
food fight in 2nd grade? believe it or not, straight to jail
uh-oh, not again ![gif](giphysht5nhyzzx30c)
> why am i getting downvoted? because it is reddit. don't worry though, downvotes are capped only like 5 count against you ultimately.
most hiv was transmitted with used needles. it was a big issue with heroin users
hiv's main form of infection is anal sex.
keep in mind that’s an average, if viral load is peaking its much higher than a 4,000 chance (ie viral load for hiv tends to peak 3 months - to two years after contracting it, so if you’re having sex during that time you’re at higher risk of transmitting)
yeah, if youre on meds you cannot infect others through sex
yeah teachers are creepy. i’m a parent. i don’t understand why any adult would pay to go to school to hang out with kids all day
chances are never zero. for nothing. this is no excuse.
sex ed teachers still should not be banging their students
well, no. discrimination by their hiv status is still thiscrimination. and there is not scientific reasoning to say that a person is less capable of teaching (or anything else) because they are hiv positive. this only thisencourage people to know their status, and obviously should be illegal.
“he got all those girls pregnant but at least they don’t have hiv”
like blood transfusions? what the hell are you talking about? there’s absolutely no danger in teacher having hiv if the is a good professor and doesn’t engage in risky behavior with his students.
which is why perspective is so important, never know what someone else is going through in a different part of the world
by their post history, thailand
disneyland with the death penalty.
i thought they spread cancer over there
very true. i'm a scientist by training and i thought the pandemic might empower the public view on science but the opposite seems to be the case. very thisappointing
once you’re in you can pay with a privacy coin like monero (given widespread adoption of crypto) meaning only the recipient would be able to leak. no bank, no middle man, no tracking.
yes! sorry for op, i hope their country sorts their shit out, but crypto ain’t the solution here.
you're right, i should not have said most. bitcoin is transparent and public. there are a number of private cryptos, though, but not most cryptos are private. i was mistaken. monero, zcash to a certain extent (jury is still out), and others.
probably stereotypes and misinformation ...
most asian countries are like this. they don’t want foreigners spreading hiv. it’s a big deal even if their own people have it but for foreigners they are literally saying they don’t want you there if you have hiv.
ironically there is a rumor that he got hiv!
that s not what i said but i said it s not beneath us. we do spy on everyone lol.
and let me guess, you are american to think your government does not spy on you? lmao
now tell us the % of gay men that have hiv.
gay men are not 1-2% of the population.
i agree that singapore is a piece of shit and one of the countries to never visit.
i’m happy to shill xmr. it appears to be the only truly fungible coin.
i have an xrp account from before they required identity. paid for it with monero over tor. :d
although i do agree it’s wrong to do that to people i think it’s more about perspective and trying to appreciate the things you have. not so much telling people their problems aren’t as bad as others.
it's not a competition for who suffers more, it is about having perspective of what the world is like beyond your own little bubble. perspective is important because people's suffering is often a political issue.
ok, you do you and feel bad for not getting your starbucks coffee in 30 seconds and cry about it.
hipaa is not international
you'd be surprised how privacy is completely ignored outside us and europe. i was living my whole live in europe (20 years in spain and 20 in the netherlands), but the last 3 years i've been living in ecuador, and whenever i believe it cannot get anymore ridiculous concerning my (lack of) privacy and sharing of my information around, they insist on keeping surprising me.
then the agent in charge of my case lied to me... either way i was pretty confident i did not have it 🤷‍♂️
they just dont want americans who are on death’s door to marry canadians and then come get treatment for expensive stuff. it’s a bummer but that’s how it works. the thisabled in canada have much less protection than in the us where there are wheelchair ramps everywhere - this is changing very slowly, but it’s totally common to see a 90 year old try and climb some icy steps to a wendy’s or for the pedestrian “access” to be a maze of caution tape, fences, and piles of gravel while dumptrucks zoom around with no spotter with mystery chemicals spilling out. america may be behind canada in a million things but advocacy and safety for the elderly and thisabled isn’t one of them.
russia has a decent problem with hiv in the first place, though.
canada was never a nice, laid back country but it is still one of the few countries i'd choose to live in.
the application will not be denied based on hiv status. the applicant must tell their spouse, or the department will (after 60 days)
in quebec homosexuals are still not allowed to give blood. we all know that straight people are immune to hiv. they ask you if you ever had sex with another man and if you did, you cannot give blood.
"i am going to shit on a pretty good country based on incorrect heresay on the internet" - you
it's because we have absolute fucking morons that keep voting for far-right political candidates. the fucking proud boys were formed here in canada. it's a fucking dump, and trump helped us get even worse... would be nice if they would all just move to the usa, and have the progressive americans move up here, but then the conservatives would get pissy because they wouldn't have anybody to try and oppress.
it will get a lot lot lot worse if the new gen american. at least our leadership currently makes decisions on real information...
natives would like to visit the nice laid back country of canada???
they proposed it in the uk years ago and it was shot down as barbaric
liberal is not libertarian, its left economics and tends more to authoritarianism
i've lived in both countries and prefer the uk
well a lot of commentors are saying it is not true, i'm just using the experience of what i was made to do in 2017. i mean, you're also sol for dental, physio and prescription drugs if you do not have good benefits plan at work or you're on welfare
2018 was when i got it, so i'd have started the application in 2017 and done the tests then
so the arrest was due to the pastor (and his brother) holding a massive mask-less service in calgary to challenge the city. they’ve led serval anti-masks protests in the past, and the police warned them ahead of time that they would be arrested if they tried to hold the service. it had nothing to do with easter services or religious freedom: this was an anti-mask protest that the police shut down because it violated restrictions on crowd sizes. we have 25,000 active cases in alberta (highest in any province) and our healthcare services are stretched paper-thin. then these assholes decide to host a massive gathering to deliberately expose people to the virus. the pastor and his brother were given multiple chances to avoid being arrested. this wasn’t trudeau enforcing a “militarized police” authoritarian action against a religious leader. this was calgary pd enforcing a public health order. and i don’t know what you think trudeau has to do with the the event - feds have no authority when it comes to the enforcement of provincial health laws. you’re just spouting partisan nonsense. link to [cbc article about the arrest.](
there's no required reporting if you come up positive? for future reference
ill show you yours if you show me mine
this would never be the case in western europe.
because everyone will get hiv from a positive person? jeez
i can hear billy idol..."with a rebel yell, she cried monero, monero, monero!"
rofl, because crypto has not been established to be a counterweight to the centralization by banks, yeah, right, not political at all! privacy...also "not political". ... are you people really this simple and stubborn? just because you are in it for selfish reasons, does not mean everyone is or that you can tell others where they do and do not belong.
dude what. you literally have people having banks calling professions about medical health records. around the world being denied basic rights and your going to call the us or uk quite fascist?
oh that is good to hear, hope it stays that way
i needed an hiv test for my us green card. and tuberculosis, syphilis, and gonorrhea.
>what idiots spouting "privilege" do not get is that most of the countries that have said privilege earned it though the overthrow of tyrannical governments ranging from monarchs, to facist regimes. same with poor people spouting privilege. they do not get that most rich people had their parents earn it through hard work.
there are so many oblivious people in the western countries who treat their data privacy like shit, let companies step on it. so no, i am not exerting privilege here. i make it a point to educate. however you are on a high horse here lecturing people about privilege trying to get internet clout and keep people clueless. you don´t see the intent, you only see the opportunity to get a raise out of somebody. clown at best, troll at worst.
with test i mean sti screening and hiv is part of it. i am not raw-dogging anyone without it. is it 100% safe? no, but it helps. also whenever i donate blood, a blood screening is done incl. an actual hiv test. people do not take it - hiv specifically, std- serious anymore.
me neither, but votes are like fairydust, i guess. but i do not assume op is from the states. i do know hipaa and gdpr, but not every country has those safeguards... hence my "where is this" and "check if..."
undercook fish? jail. overcook chicken? jail. undercook, overcook
what the fuck when did they add gifs to reddit comment section. and why’s this mans username orange? i don’t see this going well lol.
didn’t know this, and i don’t know how i feel about it lol i’ve seen some statements that definitely deserve more than -5 lol
capped in the karma section?
it's a pretty simple probability equation. viral load x exposure to blood stream. anal sex on average results in more tissue. also not sure if op is us based but the data reporting to the school is not by the credit. there are public health exemptions in hipaa and this is likely part of hiv surveillance program with school.
if you are responding well to the medications, and have a 0 viral load in the blood, yes, it is assumed to be impossible. now, a lot of people do not have access to the cadillacs of treatment, and will then have to settle for a reduction, yet not down to zero.
you mean get payed? who's paying to be a teacher cuz that would be creepy
how else are they supposed to learn?
i guess i should have put the ...i'd like to think you joined in on the joke, as did the person who replied to you, but the downvotes i got shows that a decent number of people did not get it.
the only hiv thiscrimination should be with prostitution!
"and there is not scientific reasoning to say that a person is less capable of teaching (or anything else) because they are hiv positive." i dont think thats the argument tho, its about spreading it, but i know nothing about aids so i dont know how contagious it is etc
i did mention that i see the privacy issue, meaning i get it is thiscrimination to deny the job because of it. yet i still see the reasoning wether it is valid or not, i get why.
no danger? well that’s just scientifically incorrect. also, depending on the age of the students, if they’re younger kids, shit happens. kids fall, scrape their knees, accidentally cut themselves, whatever it may be and it’s not impossible for them to be exposed to hiv this way. is it likely? absolutely not, the chances are very very slim, but not impossible. but the fact that your first thought was about pedophilia is super thisturbing.
that’s just straight up a lie. you clearly don’t have kids.
he's out of luck, then. thailand recently voted to postpone personal data protection act for another year.
they spread both at once, multitasking at its finest
common misconception that cesspool actually spreads brain-eating amoebas
isnt "stereotype" some kind of sexually transmitted thisease? *you have been banned from thailand by the ministry of misinformed overreactions*
specifically, a whole lot of homophobia
we do, but not for shit like this. the government do not care about your hiv test, this is not reaganism.
the bank and school would never ask you for your hiv results. us spies on things involving taxes and money not your std status. a school wouldn’t thisqualify you from working there either especially considering hiv is not what it used to be in developed countries. with treatment people are able to be undetectable which makes it nearly impossible to spread.
u are wrong again kid lmao
15% prevalence rate of hiv among gay men in the usa so almost 1 and that’s not counting other stds
no? i heard it was good and theyre beating off people trying to live there because everyone wants to?
looks reasonable to me to ban the entry of people with deadly thiseases… ever heard of covid pal?
when i first entered this space, it was totally surprising how no one talked about monero as if it was some kind of taboo. i think it reflects the fundamentally anti-crypto sentiment that most crypto 'investors' have. they're not really in it for the vision.
ahhh... thought this was in the states
maybe you were under old rules. glad they have changed then. and glad you do not have hiv!
while technically being hiv+ does not block you, the medical burden requirement, (which is about the cost for 3 years of anti-retrovirals) would effectively block entry to most hiv+ immigrants.
are you posting this as some "gotcha" moment? because it states the same thing the other guy said. you're not denied due to hiv status. you have to inform your partner that you are hiv positive or withdraw your application.
we got that ada... where’s the cda?
i once dated a girl that lived on a big beachfront property in carribbean and was in canada for school. acres and acres of literal parathise. kind of property any canadian would dream of retiring to. obviously a well off family if they can send their kid here for school. but she really wanted to move to and stay in canada. i thought, dude, are you insane like why would you leave literal parathise to come to this shit place of always cold and sad? you have paid off beachfront property in parathise. and she is like ya well its almost hurricane season and the island has a gas shortage so my dad texted today me that he got into another machete battle at the gas station trying to get enough fuel to live through the season, and i'm just tired of all these machete battles whenever i need to get gas. what, you thought you could just go and get gas right now without your gas station machete? how were you going to fight off the dudes that remember to bring their gas station machete? you need a machete to get gas everyone knows that. and another time i asked if she want to go on a hike and she was like...you want to go in the woods? by ourselves? without machetes?? this is suicide. and then when i told her i used to ride my bike on these trails when i was a kid all the time. "kids were sent, by themselves, into the woods? what kind of parent would do that?? you can not do this. how do you stop the children from being taken?? this is madness" canada: its cold and sad but you can go shopping with very little risk of a machete battle breaking out.
were less shit than most places but it’s still pretty bad.
while true, it is a recent change:
i agree. we have lost our way as a country. there is so much internal divisiveness that everyone hates each other and wishes each other so much ill will over such petty stances. maybe the whole world is heading in that direction, but it will not end up well for anyone. humanity will be the cause of its own demise.
nah canada's pretty fucked up. source: am canadian.
we have had a liberal pm for years and you call that far right, what the hell is your idea of center?
seems like the liberals are opressing people now... oh wait you'll never hear that from your media cuz they never cover hate crimes unless there are perpetrated by a white supremacist
believing in politicians is like believing in santa claus
i hate trump too but i mean... trudeau is doing such a fantastic job, right?
the evil orange man is gone, you can try to be normal again dude
they already live here. no need to visit.
no worries on that in the usa for granting citizenship to immigrants, it is one of the most arduous and arbitrary processes of any developed country. but if you're born there you're automatically a citizen... you ~~have~~ had to get an std. (edit: the law changed years ago, blood test are no longer necessary in california)
oi, you have a license for that preference?
true. but in some other countries they’re also sol for life saving procedures, cancer treatment and basic hospital visits. you win some you lose some
i'm well aware of the event. if you think arresting people not wearing masks is okay, then you should be fine living in an authoritarian government. sad. not going to debate with you. good luck with that lol
the anonymous clinics tell the ministry of health there is another positive hiv case in the community but they cannot provide your details because they do not know them. the other clinics report you to the ministry of health and your work pass is revoked
3-6 months from infection to symptoms. plenty of time for it to spread.
i was banned from r“elon is not cool”... reddit is tough.
it's r, what did you expect, its the perfect example of a censorship heavy circlejerk sub.
the bitcoin ogs usually respect monero, some even have monero envy.
no no, what are you doing?! they do not call him that!
people born in first world countries live very sheltered lives and take a lot for granted.
the us and the uk are quite fascist.
*maga and brexit have entered the chat*
all of them lol
becoming a member either through £€
the downvote button is not for people you thisagree with, its for comments that contribute nothing to a thiscussion , like “this” or something off topic.
correct. it was not always like that but they quietly made the change a few years ago. i noticed i could say whatever i wanted and it had no material effect on my karma score a while back, which was awesome.
op is most certainly not in the us.
exactly, there is only so many theory lessons you can have before a practical one is required.
and not even there. is almost impossible to get hiv from a hiv positive person that is on treatment. undetectable = untransmissible. is more likely to get it from a person that does not know their status...
mandatory hiv tattoo on forehead ?
you’re dumb and factually incorrect. having a a minor wound near someone that has hiv poses no danger. besides that adults can be students stfu.
you are the only one here mentioning pedophilia dude.
there's absolutely no way of transmitting hiv in any activity a teacher would engage in with their students
reagan was more libertarian than any recent president. the least libertarian presidents were arguably carter (bank secrecy act), gw (patriot act), and obama (travel rule). reagan was responsible for the money laundering control act, which may be blamed for much of the motivation to erode the privacy of transactions that followed. i'll admit though, we have no real concern for individual liberty in the democrat party, and only ineffectual concern in the republican party.
well i'm talking about ni. even so, a very small minority. so the other 85% of gay men who do not have hiv are thiscrimated against by the state. in a weird way, your homophobia actually proved my point even more.
seems like a nice place until you get a government mandated whipping for chewing gum in an elevator or something
if you wanna look at the real crypto adoption, you have to look at what the dark net is using.
my guess is that it is s. korea
it's ,000 over 5 years now! ,000 a year 🙂
medical burden is not applicable for spousal sponsorships so the cost would be irrelevant.
tldr. sooo i’m looking for the hiv.com but can’t find it, what’s its current value?
“what kind of parents would let their kids go in the woods without their machetes’
it's dangerous to go alone! take this. **you have recieved \[machete\]**
i donno but the idea of a gas machete is so funny. it like walking out of your house, keys, wallet, phone ,ah yes the machete cannot forget that
i'm just imagining a canadian gas station machete battle... *whack* "sorry!" *whack* "sorry!" *whack* "sorry! eh?"
i have been to a few places around the world. but i think canada is the best place to live. like you say, not a lot of machete battles.
imagine having to carry your poop knife and your gas machete at the same time.
i loved reading this comment, thank you for sharing!
*i think its pretty good tbh*
that is interesting. it does not yet seem to be in the official online documentation yet but that is a significant change.
yup. it's statism mate. political identities have replaced tribes in our monkey brains, and the church of the state with its "social contract" religion is now the faith that people will zealously kill and die and commit atrocities for.
i am canadian too, and i thisagree.
we had conservatives before that. kind before him, but cons before that. liberals are about centre i'd say. but each time the right gets in, they seem to get a bit further. also, do not thiscount mp's ford and kenney are doing great jobs at fucking up their provinces.
since most of our media is controlled by the cons, i find that a strange claim. liberals are def a shit party too, though. maybe one day we'll see an ndp government, at the very least it would be something new to screw us over but it cannot be any worse than what we're used to
“how much worse could it be?” was precisely the argument that resulted in trump, my guy.
trump may be temporarily out but the network of liars remains and is seeping into our country too
yeah but i imagine they would love to visit the imaginary canada that give equal rights to everyone
since when? i didn’t have to have a test when i got married
yeah i'm not complaining about what we get in canada, we also pay a lot less tax... i'd just wish canadians would stop telling me we get free universal healthcare because i got free universal healthcare in the uk so it is more like, we get less free universal healthcare here which makes no sense. personally, i'd happily pay more tax to get free and subsithised dental, physio, prescriptions and eyecare but you'd never win an election on that 🤷‍♂️
but you only know it after a test so what’s your point? also maybe don’t have unprotected sex
cant believe theres a whole sub just about him
bitcoin is a censorship resistant technology : “hold my beer”
they kind of have to employ these sleazy tactics since there is plenty of crypto that are objectively more useful than it
i mean wouldn’t it be like going to r?
it's literally a sub reddit for bitcoin can you just stop talking about other cryptocurrency's and then you wouldn't have these issues instead of calling it a circle jerk why do not you go to the correct sub reddit
bitcoiner for 10 years here. i want ring signature sidechains goddammit!
monero is good dark money.
been in the space in 2016, my coins in value are btc, eth, ltc, xmr. i mine xmr on the side for fun, too.
we want you to become a premium member of the sub
very much aware of reddiquette and what the button is meant for, but comments contributing nothing and me thisagreeing with are not mutually exclusive.
for all intents and purposes, it is an opinion popularity vote, whether you like it or not.
what a time to be alive.
regardless, the financial institution is not the reporter here, it is the lab. just saying crypto does not solve this one unless you build out some sort of anonymous blood testing lab.
almost impossible or not, i would just rather not fuck a stranger with hiv. edit: to add the word almost lol
but if you have the chance to chose between 2 prostitutes, the first has no hiv and the second has hiv and is hotter than the first what would you chose?
no danger? wrong. very little risk? yes. hence why i said “depending on the age of the student”, can you read? keep back pedaling, but what you originally said was thisgusting.
libertarians are just republicans who like weed and pretend they they are special enough to thrive in a world without basic human protections. scratch the latter since this is how republicans are now like.
would you accept blood with 25% chance of stds?
death sentence for selling drugs
yeah, i know :) that's how i got into bitcoin and now monero.
i don’t think i could see that sort of thing happening at a canadian gas station. tim horton’s though? definitely. “gimme my timbits!” *whack*
fair enough point ngl
well i hate both, but i’ll tolerate nationalism over authoritarianism any day of the week.
my bad, the law seems to have changed some years ago.
makes sense to test foreigners then.
and you can be sure he is in there reading posts while trying to levitate like randall flagg.
no, it would be like thiscovering ultraporn from futurama and then talking about it on r. i love bitcoin and all but i’d much rather use monero for daily transactions.
ethtrader is a sub for ether, yet you do not get banned and told its a shitcoin if you mention other coins.
really looking forward to that too, it is gonna help with liquidity and most importantly decentralization.
btc, eth and monero are the most solid projects in my mind. they bring the most value compared to all the others.
what's your definition of fascism? do you believe that because you have the illusion of liberties that you're nut under a dictatorship? there is no true democracy anymore and i do not know if there ever was a true democracy since the ancient greeks's. i would say that all western nations and most of the eastern ones thiscluding scandinavia absolutely participate in a degree of fascism. america is absolutely a fascist state, under the euphemisms of capitalism and democracy and white nationalism (and i do not just mean supremacists.) its early and i'm trying to keep myself reigned in but if you need more examples of fascism around the world i'll comment again
i will literally never have that many moons, a month at that!! way to expensive but i would if it was not lol
yeah, but you do not really know if they have it or not. so, guess not fucking at all...
better the devil you know...
libertarians represent a school of thought that extends to the founding of our country, and on balance represent the majority of liberal thought, historically speaking. the idea is that individuals should be able to decide decisions about their own lives, in every dimension, socially, politically, religiously, culturally, economically. the government's sole responsibility is to protect individuals from each other, and particularly protect individuals and minorities against the majority and the powerful. liberal thought for most of the history of the us was perplexed with the problem of how to have a government strong enough to protect individuals, but not so strong that government would no longer answer to the people. what we call "liberal" today was what we used to call "progressive" prior to fdr, which came to embrace government as a tool to protect individuals and minorities without concern of the government losing any accountability to the people. and this is historically very clear: fdr was able to leverage the government to take control of the economy. doing this, [fdr was accused by both the left and the right of fascism]( and fdr was very aware of fascism as a means of doing so. norm chomsky is pretty revered by modern liberals, so consider his [analysis]( if you are in doubt. the problem of progressivism, fascism, communism, and socialism is not their various goals of empowering the people against the threat of exploitation by capitalists (corporations, monopolies, trusts, the rich, etc.). the problem "classical liberals" and libertarians are most fearful of is that once government holds all the power, then you necessarily create a class of people that answer to nobody. in this context, the right to smoke or not smoke weed represents an issue the government has no right to legislate. but it is not what drives libertarians, even if it is the primary interest of some individuals. **tl;dr: smoking weed has very little to do with the political movement of librarians. their primary concern is ensuring that government be answerable to the people.**
all blood is rigorously tested you bigot. and there are plenty of heterosexual men and women with stds.
it's weird how many of them are still using bitcoin. why?
“i do not think that word means what you think it means.” edited because i was wrong! mandy patinkin to wallace shawn
hey guy, you took the last of the birthday cake tidbits *wack*
authoritarianism is exactly what these conservatives want
this made me snort laugh with my coffee lol!
what is this moons thing next to your name?
i have heard bitcoin i’d like gold. and gold sucks for day to day purchases. also apparently someone doesn’t like me trying to understand, lol
hey man just go to r if you want to thiscuss bitcoin go to the bitcoin sub reddit if you wanna thiscuss other coins go to other sub reddit is it is easy
your comments as you commented on a bitcoin sub bread it is about ethereum and you're mad that you got banned i'm still trying to figure out how bringing up fucking ethtrader sub reddit is even relevant
that's why i pay with dirty fiat instead of my sweet moons.
no i’m gonna go out on a limb and say you definitely should not be a prostitute if you have hiv. whether you are on treatment or not.
maybe, but the reality is that many so called libertarians online and in america are just conservatives who like weed and do not want to be called racist.
the rates are 15% for gay men and like .01% for straight men it’s better to share a needle with a thousand heterosexual men than 1 homosexual man
what’s the conservatives stance on bill c-10?
keep telling yourself that you’ve got it better with good ol “mr. arabian nights brownface” there and his crowd and continue to be a part of the problem i guess.
the subs governance token, you earn them from getting upvoted on this sub, they allow you to vote on governance polls.
i do not have much, but you can have your first moon from me <3
gold is no different than cash if it’s considered legal tender. admittedly cash is less convenient than digital means. the difference between bitcoin and gold is that gold has innate value in its utility, combined with a great brand name. bitcoin only has a brand name. don’t take that as a pejorative either, some of the richest men in the world made their money off of branding. the us dollar is a brand name. gold is very mildly inflationary and bitcoin will eventually stop being inflationary. both are superior to the us dollar. still, i think ethereum and other smart contracts platforms are better suited. the transactions are faster, smart contracts make life easier, etc. my problem with most of these currencies is the lack of privacy. monero has all the privacy but it doesn’t have smart contracts. we need a smart contract platform with extremely low fees, total anonymity, and 1 million + transactions per second.
bitcoin as gold or as a store of value is a new concept. bitcoin was meant to be a p2p currency, to be actually used. bitcoin maximalists have decided to shift the goalposts, due to it being impossible to argue that btc is useful as an actual payment method.
i dint banned from r, i'm never going to poke my head in that cesspool thanks, you yet banned there unless you constantly praise btc, say anything bad and you get banned as well, it is the textbook example of an echo chamber. if you cannot place the connection between why i mentioned ethtrader regarding your comment then i do not know how to help you...
how do i do that? i did not see an option
well it is their decision in the end
well, to that point most liberals online are just onboard with trump hating and value signalling rather than addressing the real problems faced by the thisadvantaged. i've been involved with issues around regulatory control of the economy and finance, and i see no interest by democrats or republicans in protecting individual rights and privacy against intrusions by government and corporate interests. it does not much matter \*why\* someone supports government control of the economy and individuals, the result will still end in fascism once the government no longer answers to the people. and honestly i do not see much evidence that the government answers to the people today.
sol himself is the sol killer
lol a blockchain that can shutdown itself more like a central bank running on sql
from solana webpage: "**decentralized and unstoppable**" "not only is solana ultra-fast and low cost, it is censorship resistant. meaning, the network **will remain open** for applications to run freely and transactions will **never be stopped**." oh the irony
guess i should have sold...
shit out of luck
sol's time as a hero to this subreddit: august 2021 - september 2021 rip
snapshot: in case it goes back up. last txn > about 1 hour ago
wait is that really true? pretty big if it is. edit: just checked solana's official tweet. it's true. insane how they can just shutdown the whole blockchain just like that. i guess ftx will be pretty affected by it.
*taps head* the price cannot drop if no one can trade.
i got chewed out just yesterday pointing out the near non-centralized net work. where 90%of solana network is just 4 companies that are controlled by the developers of solana. was told how much of an idiot i was
oh wow another so called ethereum killer about to kill themselves again
damn. what are we gonna fomo on now? :(
they rolled out a patch a few hours ago, forced the validators to update, and it failed. they're currently forcing the validators to all update with a new patch again. we're at 14 hours and counting since the last block was validated. what a gong show.
solona is an pbft consensus, which means it is not a permission-less network. the whole idea of satoshi is to avoid pbft senario. nakamoto consensus is based on permissionless initial. these days, blockchain is hot, so pbft comes back, but that is a long dead direction. if you want to create, you need 2, and those validators are voted like eos. fyi, pbft is not a blockchain tech, it is a old data base replication tech of which solona is jumping on. hope the teams will do more research on this not only following solona because it is new trending thing which might not need to be followed.
still offline for 8 hours lmfao
what could go wrong being centralised
tried to send sol from binance us to phantom wallet. never got there, still pending.
* solana is experiencing intermittent instability on the mainnet beta. * the team stopped the network themselves raising questions about centralization * the last transaction block was added more than 3 hours ago. solana is experiencing intermittent instability on the mainnet beta. the team stopped the network themselves raising questions about centralization the last transaction block was added more than 3 hours ago. sometimes things are too good to be true. unfortunately, solana’s parabolic rally and opportunity to create the “flippening” has been short-lived. according to ongoing reports and community complaints on twitter, the solana network has not approved or signed any transaction on the blockchain. &nbsp; solana comes to a halt at the time of writing, data from solscan shows the last transaction was approved and added to the network more than 3 hours ago, suggesting the network outage is recent. a twitter announcement from solana posted at 7:38 am cst on september 14th noted that solana is “experiencing intermittent instability,” and the network engineers are working to solve the issues. moreover, the team followed up with a statement announcing the issue is caused by “resource exhaustion,” which ultimately leads to a denial of service. &nbsp; adjacent services that facilitate the solana network have also experienced network issues. for example, arbitrium announced via twitter that the system was experiencing delays, while phantom, a solana wallet, tweeted that they and “other applications are having trouble connecting.” &nbsp; information from august 31st, from nft project solanamees, indicated a similar network issue. rpc providers on solana were facing intermittent issues as the network rejected prc requests, which caused them to “go out of sync with the network.” &nbsp; on the flipside &nbsp; solana was experiencing rpc request rejections long before solana turned off its network &nbsp; anatoly yakovenko, solana’s ceo, tweeted to invite solana validators on the thiscord server to help amend the issue. interestingly, yakovenko suggests the attack is something similar to ethereum’s shanghai attack when it experienced dos. &nbsp; unlike solana, the ethereum network did not shut down the network themselves, raising questions about centralization concerns over the network. &nbsp; why you should care? &nbsp; network decentralization is not guaranteed by any company when the network is under attack
holly smokes that is huge. and just couple of days ago any criticism about solana on this sub would be downvoted to oblivion.
while i feel bad for anyone holding sol, it feels good not to be holding the bag right now.
has this been verified by sol devs ? all i see is the following message on twitter related to mainnet beta instability.
lol looks like eth killer committed suicide
its a new information that a crypto can shut down itself for a moment. is it a bank or sth?
i‘m trying to withdraw my sol from staking via solflare. but the transactions doesn’t go through. is this because of the current issues with the solana chain??? damn, i‘m really a noob when it come to the technical side of crypto!
they knew about the issue a few weeks ago and had a fix but it was not released yet. seems like they did not throttle transaction messages so the network basically ddos'ed itself. [ probably taking so long to get all validators to update.
i would stick to bitcoin and ethereum, both have proven track records with a lot of room to grow
solana = anal os
story of my life... as soon as i jump in the whole network fails f me!
not only is it centralized, the bulk of the coins are held by silicon valley vc money, it is like the antithesis of what crypto is supposed to be about. but they have some cool ape nfts or something, so hodl?
the d in sol stands for decentralized.
minswap didnt know how to use cardano’s smart contracts on testnet: fud all over twitter solana goes down on beta mainet: *twitter sleeps*
this post is wrong. large number of nodes crashed due to bug, no concensus means solana stopped. there was no concerted effort to shut it down.
sol= shit outta luck the signs were there 🌍👨‍🚀🔫👨‍🚀??!
can you imagine if this happened to cardano...
the level of centralization of solana is why when i actually did a dive into solana when it was at , i chose not to invest. obviously would still be really ahead if i chose to, but it is important to be process oriented and not results oriented.
i got downvoted for saying this had happened in the past when people were claiming ethereum is terrible and held together by duct tape…...
2 days ago everyone was pro investor telling how we are early, to the moon, sol will be 1000 be next month... no same people (yes i check your history) calling it sht and telling they always knew it will fk up... experts in the field of shtcommenting...
yeah that is truly the ethereum killer lol. not long ago i commented on a post praising sol that not a year ago there was a network pause. and the fact that its so centralized and full of venture capital firms. some in the sub praised sol but hated on icp. i mean they are both similiar projects. sacrificing decentralization for speed. i mean that is the whole point of crypto: decentralization!
i’m going to paste my comment from many weeks ago that received many downvotes: >oh you think ada is overvalued? look at solana. the crypto space is about decentralization and solana is one centralized piece of garbage. people don’t even know that, and they are just investing because of buzzwords and hype it’s getting from reddit and useless youtubers like mmcrypto. they can literally dump on people and shutdown the whole network and leave everyone holding their dicks looking stupid.
institutional investors will buy and pump sol anyway.
ada releases its smart contract protocole: the market crashes. solana shows vulnerability and is literally shut down;: nothing. -2%. ok. market is rational.
10 hours later - and its back!!! just joking - no its not.
oh who would have expected that a blockchain that requires nasa computers to run a node would be centralized?
as tempting as it is to buy solana , you cannot ignore the fact that major of the holdings belong to a few private investors. sounds like a corporate to me who wants to be in the crypto space .
7 hours and still not running. if you have sol outside of exchange, you are out of luck. i wonder how much sol will dip after people will be able to sell their bags.
hopefully that means i can get solana at a 99% thiscount.
funny bc coinbase’s description of solana states, “solana is a decentralized computing platform...” 😂
hahaha... where's that "cardano smart contracts ~~not here~~ not good enough" crowd at?
why is no one reacting to this? the is only a small price change in solana. i'd expect at least a 20% drop in the price. i really do not get it. are there really just hodlers?
the bugs war was always won by the bugs...
sol is a scam... pure market manipulation
sol is the eos of this cycle.
bring on the next eth killer, they will all fall one by one
dam this is why we do not fomo into the new hot flavor of the week
if this was stocks it would be up 20%
to preface this, i am not affiliated with the solana foundation and do not contribute to any of their projects. i hold a sizeable amount of sol. i have a computer science background and have been following thiscussions on twitter, discord, and github, and hope to explain the situation in non-technical terms. this may not be 100% correct, but i think my understanding is close. feel free to correct and i can update if necessary. 1 why did the network slow down? a bot began spamming the network and hit a peak of 400k tps. when a validator realizes it is lagging behind the leader, it will forward transactions to the next leader, who will now have to handle it is own normal messages and the backlog that is been pushed to it (source). this high volume of transactions both takes down some validators because they do not have enough compute resources and also buries network-critical messages from being processed (source). on a technical level, the network is still up -- it is just that nothing important is being processed (grafana dashboard, this tracks live data, so will eventually be otudated). 2 solana is centralized and the foundation flipped some type of backdoor switch to shutdown the network (this is false). it's fair to say that solana is more centralized than ethereum. however, saying the foundation has the ability to unilaterally shutdown the network is simply false. as noted above, the network was thisrupted by a third-party attack and just slowed down to 0. some validators crashed on their own. some validator managers may have also thisconnected their own nodes. however, nobody at the foundation has the power to click a button and thisconnect a node. with everything open source on github, feel free to go through the code and check there is no backdoor. the one bad thing is that the only people who actively develop code to connect to the network (these are called clients) is the foundation. eth has maturated so that there are several independent clients that are quite popular (i.e. geth and parity). hopefully solana will get there one day. 3 what's the solution? a patch was released. the basic solution seems to just set a limit to how much can be forwarded when a node gets behind. unsure of if i'm dumbing it down too much, it is just a band-aid solution, or it will impact the speed of the network. 4 when will the solution be deployed? the patch is out and validators are upgrading as i type. to restart the network, 80% of the stake must be online and accept a restart. currently, \~50% of stake is up and signaling they are ready for restart. this process demonstrates that the team cannot just choose to turn the network on. instead, each individual validator must make their own decision, which is what decentralization is. [
name a coin, this sub does not hate.
meanwhile ltc has had 100% uptime for 10 years. i been saying it for years, decentralized is the only way to go for crypto.
[solana.com]( : "decentralized and unstoppable" ' loled
lol i traded out of sol last night, sheer luck looking to pull some cash and it was the only one up at the time. i wonder where the value buy is on it now...
thanks fucking goodness i took my coins out after i saw it dipping😂
it's falling like a rock.
this morning was gonna put 2k in sol it was like 170. decided to just add 2k to my ada instead. good choice so far
was it smart to convert it to ada as fast as i could? coinbase still let me
time to say goodbye or solong.
can you blame them though? always gotta try the “turn it off and then back on again” method
lol is now a good time to buy the dip?? 🤡
so dont buy sol right now? or ever ???
price isn’t dumping because it can’t!!! ha, no way to sell if it’s down. this is a brilliant strategy!
you all are forgetting the big money names behind sol... this is bad, but do not think for one second that this will hurt it in the long run.
well that just sounds like everything cryptocurrencies wanted to replace. centralization, power concentration in a few hands, inability to shut down the network. say what you may, but i would not touch something like this on principle. will buy the shares of a bank instead
this is how a serious chain reacts: [ \- good communication on official channels \- one hour and problem was fixed \- not starting to use the word "beta" out of the blue to justify an issue, just explaining why it happened
holy fk, almost bought some a few days ago. very thankful i stayed away. if they did not get it up and running again would that mean anyone who owned sol just lost it all? and even if they were able to get it back up, wouldn't it tank into oblivion anyway?
i do not think the team shut it down themselves, it seems like the network has flooded itself with information causing it to halt. like a dos attack, but hari kari style
the glowing solana light went out in one go.
isn’t crypto supposed to be decentralized what’s the point?
i hope it does not explode like a big bomb.
and it has a market cap 10 times the size of iota. absolute jokes.
rip sol. i can see the price plummeting when it opens up again lmao.
thank god i sold mine for ada.
big sol thiscount incoming? and would it even be able to bounce back?
i'd like to hear some counterpoints to the fud. isn't it normal for a young crypto network to have the developers still in control while they are still developing the project? like a project makes a fairly sensible decision to fix a bug and this sub flips out because it goes against one of our core principles, supposedly but since when is a centralized effort to fix a bug a bad thing?
this was ment to kill eth not pull the plug on itself
and this folks is why some people stick to just buying btc.
soooo, a not so decentralized crypto. ain't gonna lie, this makes me question about solana.
how is this shitcoin in the top ten?
don't worry guys, the network will get more decentralized later. at least it has lower fees than ethereum? right guys? right? all blockchains start sorta centralized right???
eth killer dying before eth nothing new here
solana is the only killer who kills himself
welp...at least i sol'd could have been ![gif](emoteemo_pack_1money_wasted)
as predicted by hans
well , time to invest in ergo
might i interest you sol holders in atom? yeah, i'm shilling my bag.
when you see unlimited , pos , centralized tokens all you say is stay away price is a fully manipulated subject and decides 0 about how good project is it
this is a prime example of why it is important to dyor about a project before buying in. instead of looking at price charts only, try learning about the tech.
does sol stand for shit out of luck?
big sql blockchain 😂😂😂
is this online yet or are we sol?
as a tadpole who fomoed in around
what a steaming piece of crap
since i buy just about everything at the top... it was only natural that i bought sol at + and since i like to hodl bad trades, i am still here in raydium waiting for a transaction to go through... ![gif](giphysfphdggxncrrs)
so the "eth killer" is just a bank that runs on a blockchain. gotcha
i'm waiting for the final btc to be mined and in the last ever coin a hidden message says "april 1st motherfuckers" before the entire blockchain just grinds to a halt and implodes.
this is exactly why you need to dyor. too many people with a ‘price goes up therefore fundamentals’ mindset. please look at token thistribution and decentralisation always. if you ask these questions in the sub and no-one can give a direct answer to them then don’t invest.
this. ummm. this is not ok.
alts are scary sometimes lol guess its time to move my portfolio to btc
ergo for the win!
shit outta luck i think this was pre-ordained. a self-fulfilling prophesy.
this is insane to me. tell me how i could trust any crypyo?
13 hours and still down lol
harmony one will replace sol
i never trusted that sol glow
the solana website says it’s decentralised but im guessing that this isn’t true. i hadn’t invested in it yet, so i’ve not looked into it much.
centralization is crap, in every sense of our life.
validators voted to shut down, so it wasn’t 100% the team.
near over solana anytime... lol this centralized shit🤣.
its nice over here cardano, just sayin
so what you're saying is sol holders are fucked.
glad i did not invest in it, been seeing lots of crypto youtubers, saying to buy it, and claiming that it is the next best thing.
last transaction was 15 hrs ago
the funny thing in this thread is that you all were wrong all the time about solana. every single one here praised the project. chico came out a week ago and warned about how centralized solana and many more crypto projects are. i guess you all still buying into projects that is centralized without knowing it.
how could they screw up so bad? so is this the death knell for sol then? if it is then bloody hell that was quick!! only a month ago ppl on here were shouting that sol was (another) eth killer lol glad i only threw a tenner at it lol - gimme algo over sol any day :d
how can a shit company with no business plan be valued at 47 bio dollars ?!
it's sol good, man.
like most people here. i stayed away from sol, pick either ada or algorand (or ergo)
someone finally realized it is centralized.
just... restart the server
how this centralised garbage is still 7th highest in market cap is beyond me
all jokes aside, how is centralization to be blamed here (solana is centralized tho). but seriously this is a network malfunction, bitcoin has had it in it is initial days and do not forget even ethereum blockchain was hard forked. solana blockchain has problems, but this one was not caused by centralization. software development is not as easy as you may think
i exchanged my sol for dot. probably gonna get downvotes to shit for this…...
and here i went all-in on hbar earlier this year ‐‐ vs sol in a diversified-ish portfolio, mind!‐‐ but secretly feared that everyone knew something i did not... everyone still knows something i do not, but i'm up 87% in like a morning so that is sick
i told y’all it’s a shitcoin
where is the evidence that the team shut down the chain themselves? i don’t own any solana but this seems to be a huge lie. do we not have moderators in this sub?
i just went over to the solana subreddit and apparently, according to them, it was caused by a software bug that crashed the nodes and not the developers acting on their own to shut it down. either way, it does not inspire confidence.
this is bullish for tezos, at a 6b market cap it is so undervalued.
tezos over solana all day everyday. tezos is decentralized and actually used by great artists selling great stuff on hen. solana is 70% held by vc and they made shitty solana clones of apes and punks thinking they would moon. fucking joke.
at this point we should start embracing the fact that sol is against the main purpose of crypto itself. insitutions + team owns the vast majority of the tokens, and the network itself is highly centralized. this sub hates so much projects and solana not being in the list shows that anyone here doesn’t care about the tech, but it’s all about gains.
wonder what excuse guy from the coin bureau will make for this. he can’t stop pumping it on his videos.
i’ve concluded that this has nothing to do with decentralization and more to do with poor development. why have a testnet if they aren’t going to use it?
eth had to emergency hard fork bc of a bug just a few weeks ago - no one cared sol had to shut down the entire fucking chain due to a bug - no one cares ada has a concurrency issue (that was known for months) occur to a smaller project in it is testnet pre-launch and everyone loses their minds. this sub has some weird cultism towards some projects while simultaneously bashing communities of others.
ok boys, let’s all move back to “ada is the best competitor to eth”!!
we really need to wake up as a community and stop buying into coins that do not have decent levels of decentralization. the fact that this obkectively shit quality coin was able to rocket up to the top 10, while literally not having an ounce of decentralization, is just sad. there are a small number of truly decentralized coins out there, and those are the ones that everyone shoulkd be respecting and holding. monero, bitcoin, algo and nano come to mind.
time to move all my sol to atom for another moon run.
### so far there is zero proof of "the team shutting the network down themselves." please provide a direct source here if this is true.
meh… new ath incoming by the end of the week.
i am holding safesolana -- which is nothing. i read about the previous downtime in production.
algo, tezos and cosmos that's what i'm keeping my eyes on
this reminds me of that episode in silicon valley where the servers begin to explode when they are doing that livestream of a man stucked on a condor nest
yikes, 7 hours and counting.
bye solana 👋 centralization is entirely opposed to the goals of crypto and this oughta wake people up to that.
soooo solana is basically a company
the eth killer is frozen.
guys i'm planning to buy the dip. will it be the biggest regret of my life?
yeah, sorry, you can’t buy anything today, the currency is down. brilliant.
still doubt its going to affect it either way, sol has turned into a cash cow😅
so now is the time to load up on sol bags is what i’m hearing
algo is far superior to sol.
don't trust this sub most people are mad they did not get in sol early and are very bipolar . sol will be around for a while despite what the reddit experts say
i mean it is still in beta i'm sure ethereum had problems too when it was in beta
look guys. theres nothing wrong with such issues. other than a few price drops its going to be just fine. technology faces issues on a regular basis. but if sol boys are getting triggered, that shows that they are in it for the gains and not the technology. i am happy this happened. its gonna make them more humble now towards other l1s out there.
yeah, i'm keeping my sol. my ass was not planning on buying anymore crypto until the crash, but i'm buying algo i guess
guess i'll buy more ada...
i was amused myself to see solana's twitter account post a message to say: "our teams are working to solve this bug". it shows how centralized this project is too.
does anyone know a coin that has not had a network down for 10 years and is decentralized? coz i do ;)
jason derulo must be riding solo
next month litecoin will be 10 years old with no downtime. seems interesting as the oldest coin along with btc.
sol price can’t even crash yet cuz people can’t sell lol?
means people will panic, and i can buy the dip?
when to time buying the dip? i mean folks will forget about this in about 2 weeks right?
haha , all the point i wanted to comment is already done . lol
aaaaand that’s why luna is better
now i am happy i kept my sol on binance
it's sol good man
more centralized than bnb. no thanks
if icp can get gains after all the bad reputation they get, then sol can. even after these news. but i have to admit that this is very bad for a blockchain.
oh boy here i go fomoin again
what exactly is a "halt"? (noob here)
can someone eli5 this shit.
shorthand for shit out of luck, sir
serious question: so that means the price cant plummet right because everyone is locked in. i'd imagine as soon as they fix the bug the price would fall
guess we finally found the sol killer.
a moment of caution, stops a thousand moments of regret... this is why you do not fomo!!
this is why i will always be bearish longterm on any chain that can only run on supercomputers. liveness and decentralization is what makes bitcoin and ethereum unique compared to just running an app on a centralized platform.
another ethereum killer commits seppuku
i think is my fault...i bought some yesterday
fuck i was short at 180 natural is my selection
hey harmony ! ^^^wink ^^^wink ^^^nudge ^^^nudge
the irs will come barking at op door now
sold what little i had and put it in atom. i’m mostly an eth guy but i like having some alt coins that are not connected to the success or failure of eth. after selling solana it’s now mostly algo and cosmos that form the alternative to eth portion of what i hold.
bye bye sol 👋
lol at all the sol people who got smoked and the youtuber pumping this shit , ohh it is been a tested network blah blah never fails... lol
oh dear... buckle up for the rollercoaster that only goes down.
sol - shit out of luck?
i don’t know what makes you think that team shut the network down? they can’t do that. that’s a weird assumption.
wasa wasa wasa sollllllconneccctttt!!!
kind sirs, i was there when it happened. grape ido was launching today on raydium and sol simply broke. there were 28mlion txes and 1600 real tps and we were all left hanging. i knew sol can’t do 65k advertised tps, not yet at least. is it a bad sign? absolutely and it will force a correction on bullish sol price but the ray edit: i’ll let someone else correct me, maybe it was 2,8million txes, which is still a lot for a new network. i’d wait a day or two to see what really happened, it’s not necessarily a bearish signal also, 45k bitcoin moved from ftx 2 days ago...big and weird stuff happening on sol rn... edit 2: out of memory on the validators is thrown around a lot rn for network down and is considered denial of service + consensus failure but lets wait and see edit 3: its possible the same grape ido on raydium today was used as a 400k attack that brought it all down
haha i keep telling how it is a hype and real projects like polkadot .
imagine buying a coin just because everyone else was. dyor
... hmmm, need to go short on sol...
wow i was looking at adding this to my portfolio. good thing i had to fix my boat instead of buying this shit lol
for me this just highlights the risks of investing in alt coins without fully understanding them. people lump all crypto investing together, but i think most of the smaller projects are at least 10x as risky as bitcoin. not saying i don’t think many of them could outperform btc over the next decade, just that their success is much much much less certain. millions of people are currently buying btc for the first time every week. eventual global adoption is a near certainty and at this point and i think we are only 6-24 months away from it becoming a certainty depending on adoption
i hope all this money goes to dot
i feel like 'centralised' and 'block chain' do not really belong in the same description lol.
someone told me i was late on sol when it was like . to be fair i never really liked the project, i just thought it would moon hard. now i’m not that sad that i ended up skipping this one.
knock knock, it’s fantom.
how are the exchanges able to trade the coin when the main net is down? are they not using that network to execute the transactions?
was wondering why the price had not tanked completely but i guess people cannot sell, lol...
all roots of crypto and block chains are centralized. please don’t me.
how do people not see this is ftx’s version of the binance smart chain. they just didn’t name it after themselves so it wouldn’t be obvious how centralized it is
so glad i resisted fomo into sol when it dipped because i know very little about the project. i wonder if this will even put off investors or just be a small dip.
wtf down for 8 hours...?
8h into this havoc. any other news?
not ever buying or holding sol has made its whole saga incredibly interesting to watch from an outsiders perspective. stress-free unlike watching my portfolio
i called this two days ago, to two friends in a text msg, they can vouch for me!! lols
and the solana hype is over
sol is the imposter!
grand opening grand closing
how come ethereum killer killed itself
remember when everyone was saying how much sol is better than ada lol
damnnn i flipped sol twice in the past week. glad i got tf out yesterday 😂
this thing is still offline? that’s wild.
i remember when this subreddit was trying to say sol's whole sell was it is centralization and how it was meant to be an inter chain whatever transaction replacement lol, dumb.
warren! we need a bail out!
sooo, how do i short sol?
hope its just a bug, but atleast people know now what to expect
did vitalik call his russian hacker friends?
i was lii just reading about this the other day and trying to figure out how i could buy sol, then i see this
so glad i sold yesterday lmao
i sold it 2 days ago! woohoo! (most of it)
any youtube channels thiscussing this? seems like breaking news and many moon boys seem to just gloss over the bad shxt. i don’t own sol- but i do own civic and that explains the nasty dump.
so i'm new to sol, but it appears that the sol validator network is spread over \~1000 nodes (admittedly not that many) that can be freely run by volunteers? and their [latest tweets say]( "3– the community is preparing a new release, and instructions will be posted in discord." - which does not sound like a centralized shutdown to me? am i missing something, or just different definitions of centralized?
can’t wait for balina to defend this shit.
holy crap. sol done
i wonder if they will recover from this.
sold half my bag a week aago, phe
yup there’s a token thistribution chart that shows it’s like 9898988x more centralized than even binance. not only just by tokens and governance, but as you can see with this shutdown. but as we’ve seen before, people don’t always care about decentralization especially institutions if they have a working product they can take advantage of. only time will tell.
with the whole 10 hr++ stop doesn’t this give everyone a chance to short sol and makes serious cash when it restarts and dumps…?
as soon as 80% of the validators update with the patch released an hour ago and people can move their sol again, the price is going to tank hard.
ya i saw the writing on the wall with their validation issues. not to even consider almost 50% of sol is in the dev wallet
i was sceptical about the insane hardware requirements, and now this...
(in freddy krueger's voice) i want your sol bitch.
so, ummm, what happens when they turn the network back on? all good? nothing to see here? on with the show?
it's still down. wtf
well folks, there is always better alternatives such as tezos or glitch protocol. both being true de-fi solutions
it can’t scale. i remember same issues with
is everyone selling their sol now or still gonna hodl ?
oof another eth killer bite the dust
that’s crazy. i just happened to convert my sol to bitcoin this morning cause i didn’t have much of it anyways!
centralized defi trash lol
that’s why i didn’t buy it lol. centralized af
new ticker: sol rip
ethereum killer my ass.
i feel like it’s always bad news when sol gets a mention; how the fuck it keeps recovering i have no idea.
analos is gonna analos
blockchains with power switches ftw
they still down?!?! looks like the new running joke isn't when ada will get smart contracts but when sol will come back up!
if people cannot unstake for 2 days or send to an exchange then it might be worth shorting it
i'm upset there weren't any raised by wolves (sol) memes. that's probably what took them out. the lack of dank.
is this the supposed eth killer?
14 hours now lol. rip
why hasn’t it dumped like crazy?
how would decentralized projects handle such an attack?
sol still shut down ?
i literally just sold mine yesterday
validator nodes 62.4% % needed on new mainnet version for network to go back up. almost time for the fireworks show!
everything is normal nothing to see here.
its still down but sol price did not move a bit
how is the price still relatively stable after this? do people not care?
almost fomo’ed in last week and am glad i just threw more at my ada bag instead. this is not a good look for sol.
glad i took some profit out last week... this doesn’t look really good
if it is so centralised, there is no really a need for it to be a blockchain... unless it is money!
why would ppl fomo in this when you can’t even unstake you’re funds at anytime. ada or algo you can unstake anytime. no way i’ll buy sol. that’s not cool.
"did you try turning it on and off again"
glad i went for amp instead of sol
so we sell the scam coin now?
i made solid 20 bucks on sol
have the transactions started?
are people selling now? or still holding?
do anyone really knows why they shutdown .will problem like double spending or something else is there .thats why they shut down .can people lose their coins.
just flick it off and on rick…
how to sell sol now? can't deposit into binance.
this was the iceberg. what now follows is the ship getting broken in 2 pieces. it will go down for a while ...
its literally this bullruns eos. ridiculous valuation for centralised piece of shit that advertises tps like its an impressive or interesting metric.
that’s bullshit, fuck solana!
a reminder why btc is on top, over 10 years and never went down. the ogs know that any crypto that does not focus on decentralizion is inherently a shitcoin, some better than others though
can't overload cardano if nobody is using it. \*insert eddie murphy thinking meme\*
saying the developers shut down the network is misleading. the network essentially suffered a denial of service attack under massive transaction load. this happened 2 weeks ago and they have a software update to resolve the issue being pushed out to the nodes now: one thing i've noticed about this subreddit is how nasty people get about something when they missed out on it. sol is a prime example. right on the front page today was a guy talking down to everyone like they were garbage but at the same time trying to look out for everyone's finances by directing them away from sol? how's that work? you do not care enough about us to talk to us like adults, but you're desperate to look out for our wallets? i have no idea if sol will pump or dump once the network is back up, but i do know there are people using this as an opportunity to push a lie about centralization. mods should take note of these people. it should be against the rules to get rewarded in moons for misleading the community here.
i'm not convinced this will mean much in the end tbh. not planning to sell my sol bag.
everyone's memory is so short. ethereum literally forked itself so it could roll back transactions from a hack it did not like, violating multiple core tenets of it is supposed rules.
solana has run into its natural enemy… clouds
can we remove this post. i bought at 210 and its hurting the price.
' something like this was overdue. code may be law, but if the code is shitty that does not help you.
man, i’ve been wanting to sell my 1 sol for the past couple of days but i fomo’d at 155 euro and i’m at like a 20 euro loss. wonder if i should just take the loss and sell it now
psa you can still sell, for the time being.
damn... just lost 6.5 sol ... lost in transaction
loving these comments, y’all going to regret this ahahah
just hit 80% validators up on new version. network should be going up now. get your coins out while you can!
didnt bitcoin go offline or undergo an executive hardfork at the hands of satoshi nakamoto back in the early days? i remember reading about a particular bug that inspired this life or death temporary measure.
seriously hilarious. proof that the sol and ada simps don’t care at all for the “tech”.
the hate out here is real ![gif](giphynipfetnqoukhw)
i posted this but it was deleted by the bots: no the solana blockchain wasn’t stopped by the team. it came to a halt because validators couldn’t reach consensus after getting spammed with transactions and seeing ram usage skyrocket. i can’t believe how many upvotes some shitposts can get. there was a huge amount of transactions getting spammed to the network (since it’s free). validators saw hundreds of gb of ram usage and couldn’t proceed. when the validators can’t reach a consensus, the network stops. that’s how it’s supposed to « work ». as ari paul explains on twitter, this is a choice between liveness and safety. bitcoin is built for liveness : it will never stop, it will fork. solana is built for safety: when validators can’t work together, it stops. this shows how much there is still to go until we find a blockchain that can have the 2, liveness and safety.
the price hasnt plummet or anything. so im not sure why some people here think it will crash.
bet sol is new icp
perhaps i'll be downvoted to hell, let us find out in the name of open and constructive thiscussion. i like sol, and am not a recent fomoer. like most earlier investors i'm well aware that sol is a comparatively more centralized crypto than many. however my point of view is that : - i fully agree that for some uses of crypto decentralization is very important. but so is security and tx speed. it's the trilemma and each coin tries to find its best spot between these three, *for the use cases it intends to specialize at*. - i think it is healthy for the crypto area in general that people try different strategies in regards to the balance between decentralization, security and tx speed. you could see it as not putting all your eggs in the same basket. a decentralization of the decentralized approach, if you will. so in my opinion it is good to be different than other coins (as long as there is no obvious red flag obviously, dyor). - sol is young, most cryptos start out as centralized since they are basically a startup with an idea to build. so in the early stages you need some centralization of power to be more agile. you need enough adoption to spread out the coins sufficiently, and over time it will become more decentralized. also regarding the costs of setting up your validator node, these hardware prices will only decrease so it will naturally grow into more nodes. also if the coin price increases it will be further incentive to invest. - it's a bug, welcome to crypto, grow up.
they shutdown the network... whaaaaaaaat
reddit: "sol killed itself" price of sol: does nothing
i got in at ’m not concerned. all the late comers are the scared ones
maybe they should have done their homework and scientific research like cardano? sept. 25-26 projects and partnerships announced ladies and gentleman.
they’re a brand new project. short term centralisation is common practice on new protocols. if you examine their roadmap it’s not intended to be long term by any means. op’s just salty he missed the sol train.
bad look for crypto. real question does this even affect sol. i know it will drop, but i bet people do not care and it will stick in the top 10. even though this should be a death blow
i remember when this happened with ethereum a few years ago and the coin never recovered. wait a minute...
the thing about sol is that it’s backed by ftx so decentralization doesn’t really matter. i mean look at bnb. it’s also centralized but it has been doing so well. there are money to be made in those coins
sol is essentially still in beta, so a bug is not surprising. however, this show of centralization worries me for it is long-term potential
well...still bullish on solana:d? (not saying a word, i am a bagholder).
well if i can get a good buy opportunity i will get some anyway, even if it is centralized at the moment it have plans to get more decentralized over time.
glad i did not fomo into that one... jees
classic eth killer tbh
what goes up must come down
well that is a big l for them. tezchads, where you at?
the solana meltdown makes me bullish on litecoin and here is why: decentralized networks cant be halted, and litecoin is one of the few strong decentralized currencies out there. last week litecoin gained smart contract capabilities thus nfts and tokens are within reach. imagine a solana version of solana that cannot be stopped. that is litecoin. later this year litecoin will have anonymous transactions and things just keep getting better for the coin.
i think vitalik can do the same if it needed
decentralization and performance at it’s worst lol. restarting a blockchain is absolutely hilarious. better run away from this shitchaim, guys. it’s gonna be the biggest flop in history of blockchains. and be smart, research elrond
is it fixed yet?
sol is so centralized it could give bnb a run for its money.
more proof that a large number of cryptos are just an elaborate scam
not gonna lie, my fomo in sol is like, gone, thank you for missing out of this one. so glad i got qnt instead... verrrrry niiiicceee
i said it all along and will continue to say it. sol is a rug pull waiting to happen.
sold happy with my profits
guess you’re sol (shit outta luck)
hey sol peeps, if you really want a centralized network that is honest about the fact that it is a centralized network….hbarbarians welcome you.
is the network back up?
if i had any, i would have sol ‘d.
15 hours in... (pokes sol with a stick) just go when your ready lol
this is not what happened at all. the validators all agreed with consensus to do a network restart.
noob here. i tossed everything into sol, rode it up to last week and converted all of it to udst right before the ath. tried to get back in thinking it would keep going up cuz fomo and all that, but did not have enough eth to get back on the train cuz i guess i tossed it off the eth network(?). then watched the train derail and thought "hot damn i just preemptively uncucked myself". tossed gains into algo and ada.
harmony one, meanwhile, doing 2 second finality, and just recently set a new ath. :)
see this is why i'm bullish about ada. they dont rush shit and they make sure everything is ready before it launches. i'm so sick of hearing that oh cardano does not even have smart contracts or it does not even have dapps yet but sol does it is so good. i'm investing into what cardano will become in the future not what it is today
i have no dog in this fight, but lmao this project is a piece of shit if this is true.
most people who say they believe in the project is literally lying. everyone is in it for the over the top profits. no one really cares what the chain does or who controls it along as the price pumps and posts on r.
they used the sol to destroy the sol.
missed the unexplainable pump but i aint missing this explainable short 🤣 shortlana
price has not dropped much compared to btc regardless still... i never bought any or intend to. i prefer getting some poka
rip. never touching sol after this. shutting down your own blochain is the biggest no-go in all of crypto. there is no coming back from that.
lol this is what happens when you're not decentralized. eth will always win
wow, that shows the development process is rubbish. isn't there testing? some test network before production? i know i wouldn't put my money there. but hey, this is the crypto world where 95% of people do not even know what they are investing on. algo, tezos and, specially hbar will attract some of the investors that run away from bad projects
lol what a joke of a blockchain
and that’s what a crypto ponzi scheme looks like
oh shit, is this the day r, with less oversight?
gotta love how all the shill boys were saying how it was not centralised only days ago. how does it feel kids?
so much fud to quit the community.
this is 100% false. the team did not shut down the network. the bug was executing 400,000 tps on the network. excessive memory consumption due to that caused the network to try and fork. therefore causing the nodes to slowly go offline. op, please delete this misinformation. the devs did not shut down the network…
ouch. its a temporary setback, it should not be long term harmful...
i cannot help but laugh at this news. i have read so much nonsense over on the sol sub recently about how it is a perfect coin and it does not have any problems, it is just better than eth all round apparently.
people celebrating its 'demise' yet this is the whole point is not it? find bugs and resolve issues earlier so they do not affect the network in future. don't let your own tribalism defeat the point of crypto, it is not all about decentralisation.
solana is a scam whod have thunk it lol -- but if made money on the pump and dump it dont matter
booooo get that shit outa the top 10! i been hearing about all the bs solana is. about to stop listening to you tubers bc of solana hype
sorry for the solana hodlers, but i am a bit relieved now because the fomo was so strong on this one.
and this is why you do years of research like iohk, and you decentralise before getting your smart contracts out. cardano has got everything right.
all the more reason why nano is looking like it’s going to be the one to make it out on top. they had a spam attack a while back but the network never shut down (because it’s truly decentralized) and they came out even stronger with a spam resistant priority mechanism.
lol dude solana is still a relatively new ecosystem. it has goals and shit happens. i’m glad that got an emergency stop button. we run into errors all the time. doesn’t say anything about itself
looks like sol was in a depression inside but she always looked green and funny. too bad that she commited suicide. rip fomoers.
got in at ~30... wanted to sell around 200... waiting for the next pump when sol will go to 300$
shows that bitcoin is the only one officially decentralized
lol the number of people around here preaching the gospel of sol a week ago as if they birthed that little shit themselves
i hope it drops to . the project is new and will hit some speed bumps on its way to number two.
can someone explain why this is a big deal? every company that uses technology in the entire world needs to take down their network, upgrade, etc.
all these super popular crypto youtubers that have bee endlessly promoting. to any reasonably rational person it has always been utterly clear that solana is fully centralized... how else can their claimed tps and transaction speed be real?? obviously it was centralized. these shitbag youtubers kept promoting it anyway, just cuz the price action was good. these slimy youtbers like bitboy and invest answers do not give a shit if it is a real crypto or not, they do not care if it is a decentralized protocol or not, they do not care if it is a copy, they jsut see the price going up and decide that alone makes it worth promoting. imagine how many dummies ended up buying solana because of the endless pump videos put out by bitboy and other top youtubers over the past months.
another shitcoin bites the dust.
lulz sucks to suck
i almost invested in sol but something kept me away. i'm so glad i did not. proud algo holder, though!
what a shit project, and these keep popping up constantly. wtf people.
this is probably why cardano took it’s time and didn’t rush anything just for the instant gratification. just because it has a working product doesn’t mean it is any good.
say anything you want about cardano but they made sure the network is full decentralized before putting a slew off defi on top...
hahaha shit outta luck shitbois do some fucking research and stop investing in these shitcoins
took yall this long to realize sol was shit? some of you guys are casuals
while its a huge "?" in my head i think ppl will forget it in 1 month just like ppl forgot xrp dumps.
mainnet beta encountered a large increase in transaction load which peaked at 400,000 tps. these transactions flooded the transaction processing queue, and lack of prioritization of network-critical messaging caused the network to start forking. forking led to excessive memory consumption, causing some nodes to go offline. engineers across the ecosystem attempted to stabilize the network, but were unsuccessful. validator community elected to coordinate a restart of the network – the community is preparing a new release, and instructions will be posted in discord. main net is still in beta!
personally i prefer completely de-centralized networks that cannot be shut down where a bug will result in the currency itself collapsing as the bits become meaningless. also then they cannot be regulated and our true libertarian dream of being able to scam people with no government interference will be a reality and identity theft can become the most valuable industry in the world! i'm really looking forward to crypto making this a reality
strap in. she’s goin back up.
still bullish on sol
sorry you guys. try safemoon next. i hear great things.
lmao how to do you shutdown a decentralized network, only explanation its not as decentralized as its supposed to be
yup that was enough for me to sell mine at a minor loss.
fyi this is the dip you should be buying. this comment is fake news.
that’s some big fucking news.
oh shit, prices dropping hard last hour
do some research before investing - it quickly becomes obvious that projects like ftm and one are years ahead in comparion with sol and likes.
when it comes to blockchains, no other stat matters if it’s not decentralized. solana failed that metric, so i never touched it.
is this for real sol terminating itself?
any risk for staked sols?
let's switch to polygon. the ethereum enhancer!
yes, but would not folks still go for it if the value drops with expectations that it will go up again?
the decentralization narrative is justified because in the mainstream financial structure all the power is held by bankers, institutions, billionaires and people who serve only themselves. hence the huge inequality all over the world. however, a centralized network of people who have the power and actually use it for the common good to organize and create equality, prosperity and development is the ideal. it's also better than complete decentralization where chaos is much more easy to exist without protection. that's why i do not really care about sol being centralized. the question is, are the developers conscious enough to serve the people instead of themselves as a priority? time will tell.
is this good? or not good?
as i expect with my little understanding - it is very bad for sol ...
i saw a post yesterday about it. there is some good info here. so maybe moons do not degrade to the quality of post after all eh?
fomo is for the noobs!
dog shit blockchain with a great pump and now a dump.
rest in peace lmao. i kept telling you boys that solana was not going to make it and was over-valued. solana is down while ernst & young (one of the biggest consulting firms btw) is working with polygon and so is coinbase. solana is over-valued and matic is under-valued, that's all folks.
shit coin, there was a post on r... but who cares if number go up?
100% why i sold all mine 6 months ago
people that bought the top got a new a sol? :d
sold my solana for dusk network lets go!
quality content lad. keep up the good work.
let it be cheap i want to buy more
shall i sell and buy atom?
wow, get out of solana now, what an absolute thisaster of a coin
sell sol. buy algo.
eject eject eject ⏏️
time to dump solana and pump it into cardano then 😅 fuck me
thats why i prefer bitcoin.
it's too scary to think about ath buyers
lol google docs is a better "blockchain" than solana
what a fucking scam.
holy shit i thought this was a joke. thank goodness i went with my gut and did not buy any. some people on this sub and on twitter got so angry when solana's flaws were pointed out and this is why it is so important to never form attachments to your investments. as someone else said recently, crypto projects are not sports teams, you should not stay committed to them until the bitter end.
you know which blockchain is not down? ' ethereum
it still blows me away that people buy shitcoins everyday. stop it. just stop. just buy btc and some eth. do . leave it. forget it. check your account once a year.
but i was told people do not care if a network is centralized... now when they shutdown the network people realize what that means lol
and still worth billions. proof that the product does not really matter to investors as long as it can be used as an asset.
bruh moment. good thing i didn’t fomo
man nice for people to make some money off of it but it was a crappy coin all along
i hope market reacts accordingly to solana.
noooooo im going homeless
seems to be back up [sol](
seems like all house if cards is falling now… ada, now sol
that's why institutional investors or someone with big money will always prefer more established, battle tested and decentralized networks to put their money in. because they know that it is less likely the network get shut down, despite how high the gas fees are (which are still miniscule to them). this makes me even more bullish on eth and its future, than other projects that just sound fancier without any real test of time.
not gonna lie, fud week.
it's still in beta...
jokes on the people that invested and continue to invest
it was always doomed.
sol is centralized? oof. i can no longer recommend them. why sol why?
i'm confused all this bad press and the price has barely moved. i got limit orders to fill lets dump.
they just posted an update... 400k tps burst took node offline. the node operators (who are not solana employees) decided a restart was best. is this really 100% centralized?
stressful events are good for progression. i think competition is good but symbiosis among competitors is what could be catalyst for massive growth. shouldn’t be eth killers or sol killers or btc killers… *maybe* fiat killers but even then i do not doubt a place can be reached where crypto and fiat are symbiotic also.
instructions clear, bought more eth
how do we find out which validators voted to restart the network?
poof of stake at it is finest
the fud here is unstoppable.
solana is iota 2.0
guys you should definitely sell sol when you get the chance.
this is why btc is the best
wazzzaaa wazzaaa wazaaaa !
rip sol you will not be missed
sol halted because a "bug" about the same time ftx allegedly got hacked, both from alameda... coincidence?
sol is the next ada is the next eos is the next bitcoin cash
is there a trading opportunity here? short sol, the hypothesis is that price is artificially inflated due to sol being frozen. once they allow transactions, sol. this trade looked ok without this drama, due to the high market cap.
par for the course with these scamcoins...
but but but liecoin is a scam? 🙃
isn't it bouncing back though
early days are hard for everyone
y'all need to read books. or at least some youtube videos.
i'm new to the space, what about arweave and fantom that are built on sol, they get shut down too? 🤔🥲
i read that the network requires 80% to be staked to work. if the team is in control of a majority share then of course it would come to a halt. how is that any different than a corporation retaining majority share to control the direction of their own company? its majority centralized, but not 100%... right? that's a good thing to fix bugs. if it was still buggy then it wouldn't be worth much, would it?
all this page does is shill sh** coins and hate on and spread fud on legit coins... (safemoon is the exception)
the truly sad thing is that even after this expose of the completely centralized nature of sol, the price still only fell a small amount. i could rant on, but really... those who need to listen, would not.
the ultimate rug pull
that's why i only do bitcoin and a little eth. i do not trust anything else. most coins are centralised garbage.
interesting cause only a few years back this would result in a 90+% dump. and now it almost lost nothing
as serious as it is, i don’t see it affecting the price…
well i’ve been hearing a lot about hbar
why are people still buying this wtf?
summary of todays daily: sol lost it is fanbase in seconds due to articles that implies that the network is havily centralized. if xou shouted out algo you had a 40% change of getting at least gold or silver awards. noone knows why. a few where happy to collect. good night *shouting algo*
eth is centralized too.
rugpull rugpull rugpull isn’t that what this sub says about any crypto that has any sort of issue?
next up is ada to be completely destroyed and then i will be happy
omg, so much misinformation here my brain hurts. you should go and read live updates from the team, that is if you understand at least something about how blockchain works. if it would have been centralized, it would have been working already, or better yet - not have any problems at all. for your information solana is one of the most decentralized blockchain networks with over 600 different validators. and for anyone that does not make the difference, 600 nodes controlled by one validator ≠ 600 validators. i see a lot of fud from projects that are not even fully launched yet or do not have any developers building on it, but claim to shake the world upside down and promise you the golden land. you go trust that. i have been in the solana community for long enough to observe its insane growth and achieving this stage of maturity, when real projects are being launched on a real network; only proves my point. a network that does not have any debugged issues is not a great network, is an unused network.
only 5 nodes or so and this ? wow, we have thousands of decentralized nodes in cardano, and a lot has been thrown on this network (including all the bs and fud) and it has held just fine. i guess haskell and functional programming does make a difference ...
solana blockchain is still in beta. this is made very clear, and anyone should expect there to be potential issues and use at their own risk. solanabeach.io there are over 1,000 validators on the network. currently however, the top 20 validators have enough staking power to halt the network. this is hardly “100% centralized”, but no doubt certainly not as decentralized as some other chains. this headline and comments smell like fud. dyor and don’t expect an infant blockchain still in beta to be seamless and. by the way, the validators did not “halt” the network. the bug did, and then the validators got together to fix it. would you rather have them all sitting around and let the whole chain crash? i think not. active validators who can all come together and correct a problem is a good thing. for the record i own only 6 sol and i am hardly a sol maxi, i just get annoyed by fud.
how can cardano catch so much flak for a first testnet dapp having a minor (expected) issue, but other chains can do this on the mainnet and it’s crickets? not the first time either
this subreddit is hilarious. i can’t wait to load up on this fud dip 🤌
sorry to the sol holders. this is one of the few times holding your crypto on a centralized exchange would be a benefit. still able to sell.
buy the dip. institutions are not selling. normal pullback after a huge run.
i'll get down voted, but same thing could happen with eth if infura wish so, with makes it also centralized.
and when i said if i look behind the technology, sol looks like a shitcoin and centralized and got downvoted. hilarious 😆. fuck you all out there, downvoting people because you want your shitcoin to pump to the moon and do not care about the most important part behind dlt😂.
stop spreading fud you apes...
i'm still sold on sol tokenomics and will keep dca'ing. my reason is that i believe this will be my 1st homerun in crypto. i've come a long way, starting with doge in may. i know, i'm embarrassed but this event started my journey into crypto. i have experience investing in stocks for 14 years off and on. once i learned my lesson from doge i started investing in btc and eth. my goal is to get into a project early so that i can bask in the giant rewards latter.
decentralization was never sol's unique selling point. i think it will get fixed and we are far from an ath. just takes a bit longer now.
sol is only having trouble like this because it is actually being used. this is just a hiccup. all of these people declaring it is dead are just trolls imo.
should have invested in hex lol
nothing will happen. this happened before to sol, similar issues happened to ether. as long as it has buy-in from developers who want to utilize the blockchain, it will have value. 99% of crypto investors don’t give a shit about “crypto principles” like decentralization.
damn solana is fucked
rofl, sol being decentralized is the reason that’s it has taken so long to come back online. they issued a bug fix, but validators have to onboard it first. this was essentially a ddos attack which overwhelmed the network, nothing having to do with the sol foundation.
reasons why eth is better than anything else out there
meh. the more scandal a coin has the better off it is. eth is a centralized shitcoin and look at it now.
this is the fate of all cryptos.
hahahaha, might as well build solana on amazon web services. it will for sure process 100k transactions per second. i will rather preserve my wealth on the most decentralized smart contract platform as it will give me a peace of mind, which is eth. i'm patient enough to wait for eth2.0 and future layer 2 solution using zk rollups
validators voted to shut down the network lmao.
lol this is such a trivial problem you have no idea, in fact this made me more bullish on the project as bots managed to clock up almost 400k transactions per second thats by far the fastest and most functional blockchain currently available with users and real life use cases :d if you missed the top his is a great time to invest in a product that is already guaranteed to be part of the future
thats not what the website says. quit spreading fud.
harmony one is the only alternative to eth. please check out the harmony one project out and the team. let the research and facts do the talking. i expected this from sol
clearly some of you need to educate yourselves on the history of literally any blockchain in its infancy, problems occur, then they are fixed and the blockchain is better for it. additionally, claiming solana is 100% centralized is pretty stupid. it’s taken the better part of 12 hours for the ~1,000 validators, on different time zones, to coordinate the restart of the network.
yes. create fud simply because they try to fix a bug. edit: downvote all you like. still fud.
but i was duly informed that sol was the new hotness not 24 hours past?
it could not be all nice, right?
i bought sol at 24. so i need to sell? is that what you guys are pretty much saying? say the word if that is what you mean.
wow gg for the rest of us, sorry to the fanboys
anyone gonna buy this tasty dip?!?!?!
ouch. well they caught it and can fix it. but that is insane.
wow. it’s decentralized. invest wisely
price now hovering around 160... do i sell?
lol so much on dyor and not fomoing in lol
solana? doesn't ring a bell ...
elrond will usurp solana soon enough.
ufff it’s going to be a downfall from here right? ![gif](emoteemo_pack_1dead_cat_bounce)
if it is really, i'm out.
that is unfortunate. not what you want to see from the frontlines of decentralization
similar to ethereum vs ethereum classic.
inevitable. that is why i dont hold that centralized coin
what are your thoughts on sol keep it or dump it?
so your money is just locked in limbo right now if you bought sol? ouch…
surprised the price is hardly influenced. probably a lot still buying because of fomo.
damn you guys. i spent 30’all pumped it up so hard. i declare bankruptcy
ethereum when another ethereum killer dies: you could not live with your own failure. where did that bring you? back to me.
better call sol ![gif](giphy8ju8tntnzz3dq)
lmao 🤣. after seeing so many posts about sol during this run, too funny.
sell the news, buy the dip lol
what does this mean for the !?!?
lol. i wonder why ive seen some eth people pump sol as the only true competitor to eth - meanwhile its centralized as all hell compared to all the other competing smart contract blockchains
price doesn’t seem to have moved. maybe most people don’t realize it’s down?
go sell as long as you can and jump in on radix xrd after the unlock 😂 then you will get some proper proven tech without fake pumped tps numbers.
the reason i never buy solana. i know it is good if i buy and sell at ath. but i never like their tokenomics.
time to dump solana. eth killer my ass
price still up. anyone think of seeing a 10x crashed?>
as a somewhat still newb, can someone explain in layman terms tue ramifications of this?
lol where are all the posters that were writing "decentralization only matters to a certain point!" welcome to reality. don't buy centralized shiat, this is why. tezos people, move it all to tezos!
was yesterday a good time to start staking?
yes and here's the kicker...sol is up 4% right now on 24h chart 🤦 wtf is wrong with people?
if you can make a crypto centralized - it was always centralized
welp. it was pretty obviously centralized. some people just wouldn't listen.
nobody is gonna give a fuck. is cool to circle jerk but the avg joe is not gonna care.
i missed the first run. buy limit set at
can we maybe just not be dicks to sol holders for a second? this is pretty dramatic for people who invested their savings in this, and they should be supported. every new approach to blockchain technology has inherent risks, and these people took it. the entire space will learn from this.
my sol is was deactivating from a staking node... didn't get a chance to sell ;-;
wohoooo if you want to bet on reliable dlt with cross-shard atomic composability (which no other project has!), go with radix
better of using a sql server instead, faster, cheaper and also 100% centralised.
well... the ghostbusters are no good... you better call sol.*que themetune*
amusingly it seems people have seen the price dip and not seen the news and are catching it from falling!
how solana’s market cap is higher than neo’s is beyond me.
killing sol right there...
wtf. sad i missed sol gains, but glad i’ve never owned any now.
bitcoin maxis been preaching bitcoin not shitcoin… oh well
if you’re mastercard or visa or microsoft, would you trust your operations to this chain?
plenty of projects today still have a core dev tram that can make make calls like updating or shutting down. but i think it all comes from validators listening not unilateral decisions
hahahaha this is why people should never listen to this sub about any coin.
it never really had a working product, did it? just a good timed pump.
that’s why i chose algorand instead, decentralized
sol is the real deal
great. managed to buy sol after looking at it rising for 2 weeks. my entry point was . so yeah, f me, i guess.
damn cardano with their small progress. better buy sol.
just a friendly reminder not to chase every coin with a nice website.
ouch...hope none of you fine gents got caught in the pnd
rough day for ftx
how did this not really impact the price?
so... sol is over for good??
easy come, easy go.
guys i cant see any article about this on google. is this true?
ahhhhh… and remember all the sol fan boi’s who chirped ada…
m uhuuuuuu exam m how poo kaon,p me m kkk mm lnlm lol lnlnmm
time for nexus to shine! nxs
like 99% of alts.
sol is down, time for moon
can’t wait till r buttcoin finds out about this
lmao bought my first today. only enough to experiment with, but the minimum kraken would sell was £25. blap
glad that i converted it into dot and hbar.
so sols mc should shift to algo. sounds good to me
seems like the next icp to a certain extent.
that is fucking pathetic. booo solana
thank god i never invested in it 🤣
algorand is better solana doesn’t deserve it’s overinflated price
missed the sooooooool train! but hope folks made a little cash from it
i'm surprised the price of sol did not take a hit
instructions unclear. yolo’d algo
they had to return some videotapes.
it’s still in the green despite all of this lmao
i heard walmart is buying el salvador.
yall mind if i open an incredibly overleveraged short position?
price still near ath levels tho
not a bug "theft" 🤫🤫🤫🤫
how come we do not know this before ? a 100% centralized coin that is crazy right?
jesus, i am surprised it has not had a massive dump on this news
so should i sell my ftm ?
wait whaaaat! can i? should i sell all of my sol? i'm still in a bit of profit tho. is it going to recover itself?
weren't some celebrities pumping up solana a few hours ago? this is definitely a rug pull. '
don't a lot of new blockchains start off centralized and then decentralize once critical mass is achieved? or am i being naive?
on the one hand, this is really bad news for sol, as it shows that it is centralized and still a test network. on the other, even eth had it is growing pains and still recovered. sol still has a lot of things going for it. gripping hand, it is still very early for this project. it could implode, or it could still grow. nobody knows shit about fuck. don't fomo, do not invest more than you're willing to lose.
well looks like it back to tezos now lol
almost no affect on the price. the investors in this market are so clueless, or people just don´t actually care about anything else than gains.
how a crypto that has now been crashed for over 4 hours is still be trading at over £110 at most exchanges is beyond me!
uniswap has control also i don’t see you guys crying about that ? sol is better than eth
sol to the moon!😂
this is very unfortunate. solana showed so much potential. how to identify these (looking decentralized) but actually centralized blockchains that could be shutdown completely by the founders? would cardano, polkadot, ...etc be able to shut down as well just like that?! we need to know.
so i should cancel my large ?
a centralized blockchain like sol doesn’t make any sense imo. if they can shut down the whole network, then you can also use traditional ways to exchange data. sol lacks the unique feature, which makes blockchain tech valuable.
this is why i do not understand why this sub hates bnb with all the rage they have but circlejerked on freaking sol ![gif](emoteemo_pack_1nooo)
is it sql that can be shutdown? lol i cannot stop laughing 😂
it's over for solbros... you got too cocky...
with pos there is always a small group of insiders pulling the levers. this is not new and no one should be surprised.
how come the price doesn’t tank lol
hope this fud works so i can buy more, thanks!
yikes. not good at all
i hate to sound like a maxi but btc or bust.
good or bad for my 10 sol?
6 data centers that pretty much run the whole solana ecosystem. hmm no thanks.
people, always do comprehensive research before investing into something. sure, solana can process a lot of tps and it has very low fees (and this may be what attracts a lot people and businesses to buy the sol token and build on their network) but it is a centralised network. the enourmous node. you practically need an enterprise level server sitting in a datacentre and really, no blockchain network should ever force such requirements onto node operators because at that point you might as well use an sql server. i bring up this point very often when solana is thiscussed, and i generally get a bit of push back, but i guess that is because people see that as me attacking their investment.
shock. this is why the sec needs to win against ripple, to set a precedent and shut down all of these centralised shitcoins riding on the coattails of crypto, made purely to enrich the founders.
this already happened multiple times true?
hmmm ftx possible hack yesterday, sol bug…hmmmmm
sooo... do i sell ?
this may be a dumb question, but at this point, can anyone holding sol sell it?
first fomo that i resisted , what a luck;)
brings up a big question from us folks not technically savvy on some stuff can vitalik shut down eth? also: wouldn’t “centralized” be instead of shutting down the whole thing, they shut down a very specific transaction?
solana has taken her ignition too seriously. lulz
dang and i was just about to do some solana farming 😅 or so i thought. nevermind to avalanche and fantom i go !! 🏇🏇
you get the hell out of here with your logic and facts.
buwahah vindication, and people had the gall to downvote those that were calling out this centralization a few days ago.
what is the significance of this?
is it true that dogecoin millionaire bought sol at ath?
i'm picking out something to tie the room together, maybe a nice rugpull.
can’t believe it. i swapped 200 dot for sol exactly one minute before they closed the meteors down. thanks sol. you better come back with compensation for your investors, or you’re toast
and to think this sub tried to get me to buy this coin.
what a wonderful time to short sol on binance or any other centralised exchange! :)
who wants to bet the price goes up still? also, eth bad ...
wait, my crypto may be centralized?
tron is battle tested and no tx fee.
maybe there is an opportunity to buy now on the dip - due to a bug .
i have become the very same thing i sought to destroy.
i sold before people could move their asset on the blockchain. this will be bleeding hard when the chain goes back online !
doesn't seem like the price is reacting to this news...
how much of a price drop will this result on solana coin price? i see an opportunity to buy the dip 😂
how many defi users will get liquidated once the chain?
i guess the one time i have coins on blockfolio it worked out for me. already sold my bag.
it was a beloved coin around here, we need a new prince now... one that someday will kill the mighty king eth!
i am sure they will recover quickly, no need to panic
how tf is price stable? i'm guessing because most solana is staked?
didn't this happen in december 2020?
now my colon is in a twist...🥺
when the sun goes down🎶
i always do the opposite of what i see in this sub reddit. buying a big bag of solana today.
centralised pos, and no that doesn’t stand for proof of stake
really sorry for people that bought at ath :(
crypto problems require banking solutions
tbh, the network coming to a short halt is bad, but always a possibility. as long as they cannot shut it down manually, i do not see the big issue. but it is already the third time this year and this tweet worries me: > resource exhaustion in the network is causing a denial of service, engineers are working towards a resolution. resource exhaustion when you require such beastly hardware for your permissioned nodes? eth recently had a node software issue as well, which caused a lot of issues. having at least 2 independant node implementation should be a security standard for all big projects.
i do not understand crypto as much as i thought i did
[me deftly avoiding solana like](
i was wondering why it shot up so high so quickly but then i realized it’s crypto so fuck it
hope it will get back to normal, soon
the fuck is that true? did they really shut it down by themselves? i wouldn't like it that it is centralized
ok so do we know what the bug was, the programmer in me had kicked in
fuuuck i was so close to fomoing some dollars in this. glad my brain tickled a bit when i read how centralized it was. this is crazy.
wow talk about a hype killer
solrry for your loss.
this does not sound good, does it? not a technical guy but i think blockchain technology should not come to a halt especially since it a decentralized right.
is there any way to short sol while they are still halted?
hope no one sold their soul for sol
my mother used to always tell me i was s o l when i wanted something i couldn’t have. make sense i bought at .
ironically tagged as security lol
bro. wtf. "someone" would be dumping them so hard right now before the price crashes.
wait... so, what does this mean?
somehow still sold my sol on binance so thats nice. guess they are behind the curve on this one.
hmm the price is almost unaffected, prolly the news isnt spread out that wide yet.
should have named it sql instead of sol
crypto currency ≠ decentralized this is why bitcoin and eth are so valuable… and why solana is a flash in the pan.
solana - shit outta luck and never again
from solana to nolana lest we forget: it is still in beta. bargain prices coming shortly (temporarily).
i made the immediate and thoroughly researched decision (pure luck) when i saw sol 32 to put around 2% of my portfolio in. sold at 50 and didnt fomo so ill take that as a win.
not worried when i own egld 🥱
you can’t buy or sell sol right now then?
how is this even possible
i converted 100% of my sol into algo
sol supporter where are ya
people in this sub say the likes of litecoin is a shitcoin yet it’s decentralised and has had 100% uptime for 10 years. but, invest in solana. prepare to get your arses ripped
no hidden secret the centralised part!
bullish coz nobody can do anything. hahaha
what a thisappoint ...ment.
it is worth mentioning that this is due to resource exhaustion, and a patch was releases about an hour ago to resolve this. the issue was mainly bots ridden spam reverting transactions. not a pretty picture seeing how centralized this is. curious, how different is this from the spam-bots attack on nano last time back in apr-june?
is solscan buggy or is the last transaction literally 6 hrs ago from this comment?
to the moon! and back
is this true? did they announce anything?
oh god i shorted this baby at 5x leverage for like , if it goes to like
avalanche is about to take your lunch money and i love it.
alright who’s gonna update sol’s wikipedia page to include this
yikes. wait ... do i still have any sol? brb
don’t tell coin bureau! especially as he won’t touch xrp as he thinks it’s too centralised.
centralised bollocks. rip sol. 2019 - 2021
bots during a raydium ido are flooding the network at 300k txs per second. the queues that forwards txs to block producers grew in size to a point that caused excessive forking. the fix to prioritize messages in this queue was already in the works but wasn’t out yet. from the ceo
for sol its the second downtime within 1 year... the last one was in dec 2020 source: also here:
wow. i was just learning how to deploy a contract. was gonna buy some. there's a bullet i did not even know i had to move for. what the fuk.
and i thought here that no one like xrp for being centralized well look at this now.
this true? slightly off topic but anyone into rubic.exchange for swaps? use it more than uni now?
it's dumping sell now
is something like that possible on decentralised? also, is there a way to make a currency decentralised?
this is why i instead invest in amp. it is already in use by one company, flexa, and can be used by any company or wallet. it is totally decentralized and is a working product already in use by merchants, banks, and countries!
ftm - fill your bags folks. full thisclosure: i filled up on ftm at .60. lol
…our birds heads are falling off …
yeah, eth is staying. buying more.
lol soon they will spin this as a "feature" and not a problem.
i'll refrain from piling on. that simply looks bad, hope they sort it out
gotta say, i'm really patting myself for converting all the sol i had into algo the day it hit 190
this needs more upvotes. this is the way
how does this affect ftm since they tend to go up and down with sol. i’m bag holding a lot of ftm right now
so you're saying buy!!! i mean after it tanks, though. but buy nonetheless!
if you're putting money into something you do not understand, be honest with yourself that you're gambling.
f in the chat
what’s the most current news?
have they figured it out?
you hate to see it man 😐
i was so close to buying some. glad this happened so i know to avoid.
> after the bug, team shut the network down themselves. that is a gigantic red flag if i've ever seen one
it’s still in beta, just a bump in the road
is this not the case for other block chains? these projects all require developer teams. what is supposed to happen when a bug is thiscovered?
oh, it is centralised? so that is why the world economic forum is supporting it
nowhere they say the team shut down the network themselves. man stop spreading lies.
oof, i’m very grateful i didn’t fomo in at ath. i was tempted but centralization is always a gamble.
that didnt take long did it
we tried to tell the noobs in the early days that solana was rushing to market with a beta mainnet. they did not learn. meanwhile elrond network still has 0 downtime.
everybody in here all fearful, guess it is time to be greedy. can't wait for all of the weak hands to dump this week and give me another chance to accumulate. or everybody reacts about the same way they did to eth forking last week, with a shrug.
move fast break things
glad that i resisted the fomo to buy any
this is not good. solana is a top 10 project and an evm. how can an evm have a bug, all they had to do was copypasta eth's code and make a few changes. i guess those few changes can get you into trouble, which is why everyone should understand that the eth 2.0 upgrade is going to take time. we can have this on ethereum, flat cannot, that would tank crypto.
sets limit orders… “the sky is falling, the end is near, everyone sell their sol quickly and all once”
thanks for that. i could still sell with a plus. :)
doubled my money and left last week, got 7k to spend on crypto, tonight’s anyone???
lol just thought about buying some...
then why is the value now going up?! seriously check it out. .85 as of now.
so this is the dip i’ve been told to buy.
is solana the next babydoge? rug pull incoming
wow that is alarming news for people who invested in it.
solana has been having a crazy run up and i'm happy for anyone that is gotten big gains. but was not it always known as being pretty centralized?
i do not understand?? so that means it will continue to go down until it reaches 0?i do not know what to do with the money i have in it.
holy fuck! dump it!!
first sign of trouble and now everyone "knew it"... sure you did buddy, sure you did
i guess it was good timing that i happened to sell some of my sol gains this morning. bought algo.
its still holding its price
sol was always sitting there saying buy me buy me ...see, should have bought loads - too late
well...time to buy more:)? they will sort it out and after that whole this ride will continue.
is this the case for any other network?
people do not like to think about it these days: but this sort of thing used to cause team. *(looking at eth)*
don't worry it get fix .
dyor dot & deim
annnnd poof it’s gone
and users are still trusting solana😂 while solana was down ernst & young announced that they’ll be integrating polygon to scale its own enterprise blockchain. never too late to get on board the matic train
well that fairytale sure ended quickly.
remember when iota did this? people will forget this event soon
cheers for the info, have an award.
holy shit rip sol
didn’t mike tyson just ask what to put money into?
this is why tezos!
i guess you are sol if you want to use sol.
oof that is rough for the long-term health of the project
ok...here i was thinking sol was decentralized.i will sell all of sol...and put more money into qao.
wow, rip. the market cap is going poof right now.
hey i had a quick question about solana and it might be a little bit technical so in regards to sols proof of history consensus metho…. algorand!!!!!!!!
wtf...? sol needs to be decentralised asap
quick shout-out to u lmao
come on! you all acting like it’s dropped 90% it’s still up 250% in a month - i fucking wish i held it!
well. we know humanity has a short memory, so it is too early to cry death of sol yet. maybe it is time to carefully buy a bit.
so solana was sole all gonna centralized bank
sol sold out on us
glad i did not ride the hype
man this is very scary,, i have a substantial amount of sol. what should i do?
whales, vc, and creators can’t sell their sol, because it’s locked in staking. and since that’s the majority of the tokens (95%) the price won’t dip until one dumps. i’ve heard rumors that vc is under contract to stay in, until 2023. i don’t have a source for that bit. i just read it somewhere. i hope they figure this out soon. doubt it though. sounds like they have optimal speed, but traded that for scalability. this won’t be an easy fix.
sounds like we can grab a bunch of cheap coins when it comes back online!!!
i smell something fishy was happening
looks like my hesitation paid off.
i thought sol would have gone to zero by now, but it is still .
true and people criticized ftm because one mayor node was down but net was working without problem, a little slow, but working. ftm is the real alternative to scape eth fees, others are just centralized protocols
run with the news baby
just converted mine all profit back into eth for now. just glad it has not nosed dived
sol has no decentralisation?
welp there goes my damn investment
yet another example of why this shit is absolutely fucking ridiculous as a serious investment
lmao talk about hitting a tree at 100mph sol is done and gonna slowly drop from here
and what happened to that 4500 bitcoin that moved mysteriously?
nothing new, the same happened in december last year… crap project:
sold all of mine yesterday and bought qnt !! happy camper !
it's still off line. so-long and thanks for all the fish
i almost fomo into it. close call.
i’ve never held sol but looked into it a few times and decided to stay away for a bit and see how it pans out after all the recent interest on here. this seems like a really bad thing for sols price. also revealing how it’s essentially entirely central which is opposite to what most look for in crypto.
can somebody eli5 this please
i gtfo this weekend. it was not a lot, as i'm still teeny tiny potatoes, but i nearly tripled what i put in in a month or two. i'll take it.
looked at the white paper the other day for 5 mins and came to the same conclusion
is there some way for it to return running?
lol about to buy some more eth for eye bleach purposes
that will teach me to fomo in, no it probably won’t
can someone point me to a source where it is explicitly stated solana shut it down themselves?
i figured it was too expensive at . i just looked up how badly it crashed. it crashed to . of course it did.
wish i got those gnarly gains though. probably better off because now you can’t sell.
nothing on google news about sol shutdown... how can that be normal? just googled to find out more... but nothing!
quick, short the fuck out of sol.
time to switch to sndl coin
is it down because it didn’t have enough nodes. i if so, you guys who where saying that the price to run a node is to high, where right on.
if i knew how to short cryptocurrencies, now would be the time
does this mean i cannot get my money back ever? or do i need to wait for them to resolve their issues?
looooool saw so many people hocking this crap too
on to one harmony, the next ‘3th killurrr’
has anyone tried switching the sol blockchain on and off again? 😂
what was the bug?
i work that it is a similar case with lbry. the only way that i was able to transfer my account to a separate email was too contact the lbry team through twitter.
all of you from solana are welcome to come over to tezos...
too bad. so outta luck
majority of tokens hold by "insiders" combined with technically centralized network is really only the recipe for a retail investor suicide, not for a competitor of top 5 crypto projects.
and imagine eth with it is burning and all the sol liquidity about to return to eth. you only thought the gas fees were high before!
how does this work? i see you can stand up a node (although the requirements are ridiculous) ' [ ' so how would they shutdown your node?
why were people trusting this unproven project to begin with? the words "ethereum killer"?
i just thought i would share this msg i just got while solana is down[lol](
yes... you are now shit out of luck...
reading some articles it sounds like the validators of the community, and organized on discord for comms, voted to restart the network. not some group of 5 guys at a burger joint.
just as hans moog predicted like a couple weeks ago
especially when it just shot up like that...people are probably freaking tf out!
honest question: as far as i can tell, solana is open source (or at least that is what the github would lead you to believe). what stops a third party from stepping in and taking over?
ok now do safemoon
guess going from 22? ' ngl i gotta admit im abit jealous to those that was able to ride the wave lol
doesn't solana have a fee market? shouldn't the fee price have prevented this from happening by pricing the attacker out before it reached the limit?
and i learned my lesson going off of reddit hype. made some money but i'm all out on solana
yikes… i got the fomo when i saw how good it was doing price wise. but i don’t put my money in something i don’t 100% understand. i didn’t realize someone could shut down a blockchain. still learning.
glad i sold half my sol at 190. no clue what the rest is going to be worth when i'm finally able to sell
we need sol goodman to do something about this
expected, big vc money cannot make a project good by themselves. still, they had an amazing run all things considered.
the upside to holding on exchanges is you avoid tumbles like the one that is coming when people move their coins onto exchanges after the sol network is running again. (the downside should hopefully be obvious to regulars by now). that said, i'm going to buy back in 50% of profits at a lower price because i understand what just happened and accept the risks. the price needed to come back down to earth after the nft craze in august pumped it so high.
it’s all about . 80085 token to the moon 🚀
yeah its why chainlink is such a comfy hodl
solana before the halt [
maybe the eth gas fees are worth it lol
bought at 28, still holding
will the queues even process? there has to be a shit ton of tx ready to move.
so solana buyer should apply strong st
i am new to crypto. i do not understand fomo that you guys are talking about. i bought sol recently with the help of my friend as he said it is good. should i sell it now as it is in loss?
is sol back on running?
is it fixed? where are you getting updates?
does is have an evm?
so this a how they rebranded eos
tezos would happily take your market cap if you're interested!
i've heard that this is fud, that the creators did not shut down the network themselves, they just built a shitty network. any news on that front?
“guys we have created the perfect centralized decentralized network” - solana team probably
solana and arbitrum knocked offline while ethereum evades attack...
they buy every dip in the market. just have a look ... sol has higher volume in the last 24h than eth. if this dumps for once, it will drop big.
so if it’s centralized what is the downfall to that?
bweep bweep bweeep ...over at the sol sub it is all meme moonboi posts and nfts. people bought in at 200 dollars as well. a centralized "blockchain" that shuts itself down. (sigh)
just yesterday there was a self-taught crypto guru telling us how solana was going to make them a 100mm and why everyone should go all-in on crypto.
but my lambo is in the mail!! don't stop now!
hasta salga el sol
i was sad about missing that juicy profit with solana, now i'm glad
i did not not a blockchain could be shutdown just like that. talk about centralised.
anyone care to eli5?
“he should of sol’d”
anyone got an eye on powr? seems like a wicked use case, interested in opinions before purchasing
i wonder what might be the situation of the sol subreddit and telgrm groups
there goes my 20 bucks near ath. fml
was this really a bug or something to do with their hackathon they have got going on?
from solana to sqlana? 🤔
crazy times! time to rename the sol coin as sql coin
need a decentralised network? better call sol!
sol can go eth itself !👉🤛
and these are the same people shitting on eth.
it was after they renamed
that's 100% a lie, seriously this shit has 15000 likes? holy shit.
is this the year of true decentralization? so many projects use the "d" word but there is always a few people who have more control than they should over the success of that project. and some of the people benefiting from their centralized ownership do not even care about the project. this needs to change.
yo, i'm hella new to all this. and this is wild as f. rollback? reboot? damn daniel.
is it just me or was there very little posting from the cryptoverse about this and the nosedive sol was taking due to this 🤔
why are people still pushing solana??!!!
i came across this , and their intention is something we cannot just ignore for better defi transactions
great crypto experience is something 💯
exciting news if this project delivers and resolves issues with bridging
providing the simplest bridging experience is their top goal, cannot wait to see more from this project
who would have thought that connecting and will be come easier now through swim protocol 🏊🏻‍♀️
this new platform with cross chain transaction is something that we need today
i wanted to learn more about this new project 👀
interactions between different blockchains can be achieved through , i believe on this one 😉
waiting for their ama 'coz i want to know what they can offer to all crypto investors
innovation to the next level in multi-chain universe,cannot wait to see more of swim project
another project in blockchain that is timely and relevant 🤔
they say no more delays, centralized bridges, or wrapped assets with this multi-chain liquidity protocol. let's wait and see 🚀🚀🚀
bumped into element black project, and it seems that they are up for something bigger this month
excited with the release of element black at the end of the month 😍
i need to get more details about this element black project before it goes to the moon 😆
whoa, just saw this on twitter and it has an amazing blockchain infrustructure 🤔
blockchain infrastructure with game development and nft marketplace is only with element black project 👌
project element black has strong team with diverse background in the industry 💸💸
heard about the upcoming p2e and nft provider in crypto space , this must be worth the money
element.black is a start-up in blockchain that will bring a better gamefi experience to all crypto gamers 🎮
revolutionizing the use of nfts on gaming would be awesome, will keep an eye on 👀
this pixel infinity game where you can create a memorable and collectible nft artwork will be huge 🚀
a start-up nft game provider with new concept is just insane
another unique and innovative “play-to-earn” nft game provider to watch out this month
looking at element project that will be launched at the end of the month is like 😲 😲 😲
waiting for the the launch of pixel infinity 🤓 🤓 🤓
not really sure what other rewards this element black can offer to all crypto investors, but it is already a promising blockchain project
new p2e and nft platform will be unveiled this month 🚀
another upcoming gem spotted -
new revolutionary nft - game development and infrastructure will soon emerge in the crypto space 💰
wow, that’s awful. i only hodl nano, and it was bad during the spam attack, transactions could take hours or days, but shutting the network down is a bit too much.
you do not shut down the network to a top 10 cryptocurrency, but when you do, call sol
congrats to all the people who sold at ath
an eth killer killed itself. solana's proof of history is a great accomplishment. we will read in crypto history books about all the times the blockchain had to be turned off
so if you bought sol you are now sol?
it was an inside job the whole time. what a twist
this sol guy needs to get it together
doesn't seem like a solid project. it needs some good solutions. xd
roflol sol had a week of flexing and then . sol < eth. always.
wonders me that it made it that far up the ranking. fomo is one hell of a drug. many people have no idea what they are investing their money in. they just see green candles and going all in.
let’s database programming a central bank db!
damn it is really that bad huh
can’t bring itself back up by itself, conveniently left that out.
sol right now ![gif](giphylpu3ahx6wgsrcdvgv0)
i would like to speak to the manager of sol blockchain.
been telling you lot for a while that 4 trusted nodes running in the same datacentre pushing gazillions of tx of throughput based entirely on timestamps with no actual consensus mechanism until some unspecified time between now and xmas was not a robust idea.
can you point to a source regarding sol being "shutdown". the chats and twitter info they have released say that they are debugging the issue with the blockchain. this sort of thing has happened before on ethereum and bitcoin. no evidence sol devs have a restart switch. even on twitter they said they require all validators to keep up to date with dev progress, thus there is no centralize control.
no way, this is really written on their website? the audacity lmao
scam confirmed. also, [one of the iota devs predicted this could happen](
exposed. they just lost the trust of the cryptospace. no one will ever use them anymore. they are as untrustworthy as a central bank
i would offer you some solace but the network is down.
you either sell or lose
when life gives you lemons, be glad it wasn’t ~~herpies~~ solana.
idk solana is just hyped anf people are fomoing into it because they see the massive gains without dyor.
opens portfolio, all red..."well atleast i still have my sol..." ahhhhhhhhh nhhhaaaaaaaa!
i should have sold it in august.
>utc 09-14-2021 11:58:23 is the latest block timestamp... yieks, almost three hours now
so much for 50,000 tx
5 hours now, this is ridiculous lol
[ "about 6 hours ago"
after 4 years in this place, i'm still blown away how people have not got the slightest idea what they have invested in.
people are pretty new to solana but this would actually mark the 3rd halt just this year, i believe one lasted over 12 hours. not sure if this is true yet though, will poke around. edit: solana has confirmed they are debugging on twitter.
... and yet the price goes up wtf?????
no activity for a while now. you cant equate a system like solana, to fully decentralized protocols. nothing wrong with solana per-se, but thinking its magically better than other systems that have years of planning and development is naive.
link to tweet. can't see it
where does it say they shut it down? i can only find that the mainnet is down due to a bug
they're pivoting to be a stable coin.
you’re still an idiot but at least you’re a correct one.
people dont like to hear that they invested money they dont have into things they dont understand 😅
the majority opinion on this sub is fickle. they fomo and praise anything that has a strong gain, and trash any project that dips outside of market trends. i come here to see what the lay person’s views of crypto are, but i wouldn’t expect a deep technical understanding.
how do you know it is 90%? genuine question because there are a ton of validators to choose from when staking.
sir it is to late... everyone is already counting!
let's switch to polygon, the ethereum enhancer!
another one to add to the list
yup, just shows how good eth actually is as a project.
another one bites the dust.
fucking lol. some dude on another sub was arguing with me about how sol was superior to eth... six days later the sol blockchain hits a bug. this could not be more perfect.
lol well call me when transferring a dollar cost less than 83 usd with a erc20 🤡
i'm gonna fomo on life while i still can!
harmony, its a sharded blockchain with great tech. algo is another good centralized crypto.
back to vechain it is!
back to eth and btc, maybe some ergo or dot.
amp is my vote
dumb investors only looking at tps. finally decentralisation becomes more in the picture. tezos next!
well, i own tezos - the most decentralized alternative to ethereum.
algo. it's been lowkey doing a lot of real life stuff in the last two weeks. sol got nft boost, but real world blockchain projects are still the goal, and algorand seems to be where that is going to happen.
mina, seriously... or good old matic
elrond. dyor and you'll see why.
hbar baby. i've been in since 12 cents.
can't brag about its eleventy billion transactions per nanosecond when it is down. so sad.
here we bnb again
people really need to do research and figure out what coins are centralized before buying them. literally it would've taken anyone about 5-10 minutes of research to realize that solana is not decentralized, yet almost no one did that. people just saw the price treajectory and said, "ah, i want a piece of that". the only money that was ever in solana was dumb money, sorry to say. i know a lot of youtubers jave been pumping and promoting solana for the past few weeks, but the sad fact is that all these youtubers who promoted solana, (there are so many, bitboy, investanswers, countless others), are not to be trusted because even an idiot like me could tell that solana was utterly centralized after looking into it for 5-10 minutes. theres no way solana could ever ahcieve the tps and low fees they have if they werent centralized.
it's all frozen. we're fucked
ouch why not just sell on binance?
very wise words you speak master yoda. 🥇
> unlike solana, the ethereum network did not shut down the network themselves, raising questions about centralization concerns over the network. if something is considered decentralized, how can one entity shut down a blockchain. the eth and btc networks are unstoppable
yeah many months ago i warned to overly invest in bnb and a few days ago i pointed out why i dont like sol. but people dont care if the price pumps. sometimes you have to learn the hard way.
i know right, i was watching it pump and thinking to myself no way im investing in a coin that has bad fundamentals imo
i fomo'd in at 100 sold around 180. glad i was able to get rid of that bag just in time.
more of a sol killer.
first off, the blockchain is offline, nobody can transact anything, and an unstake request cannot get through on something that is offline. second, the unstaking period is about 2 days from the request, so you're double fucked right now.
wow. big if true.
the u is for unstoppable.
so you are saying its sol d?
solana came out of the blue honestly, we do not know much about it relative to ada which got more name recognition. but what happened with solana is a huge failure compared to what happen with cardano.
from coindesk - "at approximately 1:46pm utc on december 5th, 2020, the solana mainnet beta cluster stopped producing blocks at slot 53,180,900, which prevented any new transactions from being confirmed," a solana medium post reads. "the solana team is actively working with the validator community to restart the network." so it is a bug preventing the production of the next block, thus halting the chain and not the solana team hitting the pause button? big thistinction.
the fact that i had to scroll this far saddens me
exactly. people freaking out over blatant misinformation. this shit happens on smart contract platforms (every one of them). the devs will learn from it and the chain will live on and get better because of it. i’m not blind to the weak spots but the project is hardly dead people are so dramatic. great time to buy though if you actually understand the project.
cardano is run by over 2800 pool operators over the world, the last of the initial federated nodes was turned off back around march, so you cannot just switch it off.
wait till you hear about the bnb as well.
just for future reference, how do you look into how centralized a network? like how do you even find that out?
seriously. the fact the price is not plummeting should really raise some eyebrows...or penises i guess if you're a holder.
well it cannot be a bigger downfall at the moment since the network is down
damn, this cuts deep but i can see it
the best way to play it safe is to do your own research!
i only added it to my dca list a month ago. even selling just now i made 50%.
so has bitcoin, bitcoin cash, monero and dozen of others. ltc is nothing special.
i like ada too. being able to show decentralization is great proof of a coin longevity. more alt coins should prove that a central group can’t knock their coins offline.
still waiting on that big thiscount
just checked twitter people still calling for . it's ready to fly
many networks (especially those that use pos) start out centralized with the idea that it will take time before it becomes unfeasible to hijack said network, but they usually have a roadmap towards decentralization (cardano, iota, and hedera hashgraph). solana has no roadmap towards decentralization. also, it’s thisingenuous to characterize this as a "centralized effort to fix"; it’s more accurate to say it’s "centralized to run, maintain, and govern". solana is a glorified datacenter.
more like better put sol. *ba dum tss*
if they can shut down the network entirely, yeah... lol.
is algo not also owned by the algorand foundation?
turn it off and on again, that should fix it
i'm not invested in dot but wise choice.
wise move imo, dot is just starting to warm up. the moneyball moved away from sol a few days ago and is moving from algo avax and dot.
hbar gor launched on a new exchange. it went up a lot in 12 hours, be careful
after doing some good reddit and twitter reading, it seems like the network halted itself, as opposed to the community intentionally shutting it down. whatever the narrative though, this just goes to show how centralized solana really is.
“3– the community is preparing a new release, and instructions will be posted in discord.”
>eth had to emergency hard fork bc of a bug just a few weeks ago - no one cared people cared, but it was solved quickly and efficiently. say what you want, but a successful hard fork is a prime example of decentralization at work. solana has gone 5 hours without a single transaction, and they do not need to fork (or cannot?), because it is a centralized network. >ada has a concurrency issue (that was known for months) occur to a smaller project in it is testnet pre-launch and everyone loses their minds. this was never an issue in the first place. the utxo model simply works differently than the account model, and dapps have already found ways to make defi work on cardano. it was only portrayed as an issue by this sub.
this sub just behaves in a tribal manner. cultism is also a nice way to describe it. let's try to stay objective, but i'm afraid greed drives people stupider. or maybe it just makes stupid people louder, i do not know. perhaps both.
it was not a hard fork. at all points during the incident, the ethereum chain was building normally, the network was operating normally, and the correct chain was the longest chain.
well, they will do anything to defends their own bag. especially anything but bashing eth, i guess. i still remember this sub praising vitalik non stop like a cult few months ago.
99% of people here do not understand cryptocurrency and what makes it unique. they are just here for their .
everybody thinks his coin is the best competetor but only time will tell. so far i only feel sorry for sol and the invested people. ada, eth, algo, tezos and all the others are not free of flaws also and there can be many blockchains in co existence when adoption keeps growing
is there any easy way to determine how de?
[the tweet]( _does not_ mention anything about the team shutting down the network. > solana mainnet-beta is experiencing intermittent instability. this began approximately 45 minutes ago, and engineers are investigating the issue.
yeah this sub was saying that about sol a week ago. i am starting to see a pattern.
as a holder of both i agree.
the staking rewards are all thistributed by the foundation. "governance" is just a way to vote on foundation money. the validators are mostly just foundation partners. it is not as centralized as solana, but it is still centralized.
cacas ex fortuna, dulce genas
easy there *grandpa* do not get too excited. you know how your ol' ticker gets. but seriously you're right. i just read your comment in an old man voice in my head! 🤣
i just found out about this outage right now, and i'm shocked the last transaction was 10 hrs ago. i'm with you though, i'm solely observing and appreciating the relative low stress in my portfolio right now. i participated in gme in january when trading halted; this is like that, but for 10 hrs and there is no regulation. good luck crypto pals. seriously.
i hate to bring up bitboy but he was warning people to get out of their position on sol a week or 2 ago saying something sketchy shit was about to go down. i guess he was right? double yikes
that 1000 validator set is not equal. the top 5 validators are heavily weighted. most of the nodes never propose blocks, thus have little effect on consensus.
would you settle for a dances with wolves meme?
wallets and stakers are locked out. only people who had it on an exchange can sell. otherwise, the only action possible is to buy. once the blockchain is back up, wallet holders can xfer to an exchange and sell, and in a few days, stakers can sell. doesn’t mean it’ll be gone forever, but i sold 100% of my sol for the time being. i had it all on an exchange (i was anticipating a dip as just natural pullbacks from the crazy gains, and today was the day for me). it’s all sitting there in fiat waiting for the right opportunity after this blows over. i suspect the project will be fine in the long run.
yeap... you can see your funds but every time you try to trade it just does nothing. the block explorer [solscan.io]( is totally dead
lol you literally cannot even move coins to exchange if the network is down
i am guessing they cannot transfer it to sell while the blockchain is down. only those who have it on exchanges can sell, i presume.
they need to unplug it and wait 30 seconds, why havent they tried that yet?
this is incorrect. bitcoin does not have a 100% uptime. bitcoin went down for 8h27m (was rolled back) aug 15, 2010 after a hacker generated 184 billion bitcoins.
sounds like something a shitcoin run by a child would do.
the truth hurts, huh
in the very, extremely early days bitcoin was constantly crashing and going offline. and then getting fixed. that's why it is so strong and secure today. it's been battle tested out in the nasty, dirty real world for a decade, as opposed to carefully engineered in a safe, clean lab.
right, people here correlating the nw issues with centralization is just a hilarious example of people not understand technology and software at all
couple years same happened to eth which led to fork. people pretend like solana is the only one having problems. i dont own any sol btw
share the link please
yup, lots of salty noobs mad they missed sol.
wait what? how is this a good concept of a blockchain when you can ddos it and take it down for a day. its even worse then.
tbh bitcoins has been pretty safe for the last 13 years
technically speaking? it's different because ethereum could not shut down the blockchain to address it, they had to fork the chain to a new one.
wouldn’t the volume to fuel a crash have to be from coins already on exchanges if the chain is halted?
and this is why, kids, you do not invest based on reddit feeling.
honestly have no idea what sol will do, but either way nobody should be making trading decisions based on what this sub says.
if the average person cannot afford the hardware its centralized
imagine how many sol we can get if it really does tank. i'd be ok with this
anyone who knows about sol knows this has happened numerous times in the past this isn’t something new. tried to explain to people on here but got downvoted to oblivion goes to show how research people actually do…... the whole “fees are literally everything” agenda got pushed that hard here.
the bullish or bearish sentiment is currently unavailable due to a bug. please check back in tomorrow when the bank reopens. thank you.
i could be wrong but because is the hardware requirements to run a node isnt this unlikely?
cardano once had its network halted for about 30 mins due to a bug, it happened few months ago, search it up. the truth is software building is hard, you'll never know what might comes next.
cant fuck up if we never launch. checkmate, crypto.
cardano is an .
indeed. complex software takes time to do right, frequently much longer than anyone predicts at the start of the project.
can't have congestion if you can only do 1 swap per block. \*insert eddie murphy meme\*
did you say the same when btc had chain-halting bugs?
the devs could have very well reset the network. only a small portion of nodes would be required. they said 19 or 20. also the 400k tps metric is completely false. they likely saw something between 50k and 80k tps of real transactions which then caused this waterfall of issues to occur. this is very bad and if this doesn’t convince people here nothing ever will and there’s no point in arguing.
sol right now cannot go down that much if holders cannot sent to the exchange
will it happen now that se see this
you got greedy should have got out at . smart investors take profit
that's the reason btc is the crypto. it has the most secure and decentralized blockchain network. wealth needs security.
currently. although let us not act like bitcoin was not centralized in its formative years, with satoshi pushing through code changes himself to address stuff like the value overflow bug.
yeah, how expensive is that specialized mining hardware again? seems totally open to the average user. bitcoin is decentralized enough, but there are many popular staking based chains that are far more decentralized.
no... that is not the takeaway here. lol. the takeaway is that solana is utterly centralized, as most coins are. bitcoin is one of the few that is decentralized, but by no means is it the only one. nano is decentralized, monero is, btc is, algo is, maybe a small handful of other coins are. it is a small list though thats for sure.
and yet it is still in the green over the last 24hrs. not uncommon for technology to run into issues. one fixable issue and this sub is treating sol like it is utter wank lol it is just immature
once the network is back up then everyone will be able to sell. just like the shiba coinbase fiasco
where are people seeing this? all my shit says it is only down 1.9 percent...
nah no sweat. sol is an early coin, eth is years old and had troubles of it is own it it is infancy. don't listen to the rubbish this sub says
wow jokes on me for buying at .
btc suffered a hack that created 92 billion btc and required a complete undo and reset to a time before it happened. so, maybe the rise tinted glasses need a little buff
i’m confused... are you saying sol is or is not a sh** coin?
only coins on exchanges can be sold because the network is down. most of sol is staked or in wallets.
gotta be aggressively market making to minimize fallout
do you want the project to fail?
it is incredibly centralized but the shills are too extreme to accept that reality. if anyone cannot run a node (and i mean affordably), then it is really not decentralized. i was looking at avax today, and to be a validator, you need 2000 avax, (that is ). eth is the same 32 eth (), even more centralized when you entertain the idea of being proof of stake.
why so bitter about ada?
how would that be helpful? shouting for the demise of other cryptos will get us nowhere.
4 nodes control the network no?
tell me you’re a bag holder, without telling me you’re a bag holder.
because the eth shills outnumber every other "fanboy" on this sub and need cardano to fail for some shitty narrative in their brain, and despite what is commonly spouted: the eth community is the most toxic and vitriolic of them all.
you chain does not work how delusional are you 😂😂😂😂
anyone can setup a few high-transaction sql servers and call it "decentralized blockchain" and that is exactly what sol is.
those ddos attacks have a lot of effect on btc and eth too... 🤣🤣🤣
if you think 400k tps is a good thing then you must be new to crypto.
so do you know what the problem is .
just do not do your defi on solana because they can shut it down whenever they want apparently
what dip? i’m waiting!
algo will usurp it first.
i mean i've got mine on an exchange and could sell it in 30 seconds...
solana is an utterly centralzied shitcoin. stay away from it.
no... dont' buy a shit qualtiy centralzied scam coin like solana, ever. even when a centralzeid shitcoin dips it is still not a good time to buy a centralzied shitcoin.
sam's propping up the price again
radix has been a dumpster fire since day one, its barley 2x ico in usd. that's when eth was 250.
yea there has not been any tx's for the past 4 hours. the network is shut down.
well in fairness ada is not used for anything except sending a to b, so it cannot go down.
well unstake period is about 2 days and currently the blockchain is offline, nobody can transfer from their wallets to exchanges. i smell a dump of epic proportions coming once the blockchain resumes working and transfers can be made. rip my sol bags, at least i got the most at 23ish, time to divest into other things, i thought modest centralization and requiring top spec computers to run nodes will at least prevent crap like this which is embarrassing.
that's what happens when it is a centralized chain that can shut down the movement of all coins.
because they didn’t shut it down people just like to talk shit
no he can’t shut down the whole blockchain. too many validators running the network worldwide
better be a big ass dip to tempt me into this. like down to
because no one can sell 😂
egld is life, egld is love.
haha just sold some on cb. bought for
people cannot withdraw from the their wallets to sell... the interesting move to watch for is what happens when they will be back online
solana is still down. solscan is not buggy. check this out:
it's never too late to short
it’s up 250% for the month lol. safe to say everyone has been greedy
maybe because nobody is able to sell? i’m trying but transactions won’t go through!
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is it on the sol network or just a token on another network? if you're able to then i'd at least take some profits and sell. at the very least take your inital out
only coins on exchanges can trade, all coins on wallets etc are locked for 20-30 more hours ish.
yeah investing at lehman bros would've been a far better choice
i bought some yesterday.
solana turned off their blockchain due to a bug, no transactions for nearly 10 hours. shows sol is very centralized.
lol ethereum's l2s are now being compared to l1s. amazing
honestly think there is more pain on the way once the network is working.
update... very small mention that the block chain is down, but the token is holding up well. followed by pump article 'is it too late to buy sol'. you'd be lucky.
kucoin makes it super easy. i short via a futures grid bot.
zoom out… it didn’t shoot up enough to break the overall trend… and as far as i know, there are still a lot of people who can’t sell yet. not trying to be a bear here, but short term is looking bad. long term? that could be a different story.
most bockchains are opensource. it is a basic requirement for trust in the crypto space. just because you have the code does not mean you can take over...because it is cryptographically secure...this is the point of cryptocurrency
only centralized garbage ones
they are saying it would take 19 or 20 nodes to reset the network. you don’t think the devs and solana company have 19 nodes?
it was for me. :d just have to take profits. if only i had invested big money.
yeah huge upside, i just unloaded on exchange, kept my winnings... need to do more research next time. how much you think it tanks when network up
you might not have a choice lol
fomo fear of missing out. when people buy stupid shit because they are afraid of missing a big price increase. i would stick it out i think people will forget in a few weeks.
\- never listen your friend again. \- research about the technology and the people behind the projects you are interested in \- look how the market works for at least few months with his ups and downs \- read tokenomics and whitepapers of the projects you are interested in you will eventually become good at evaluating coins to buy
she said it is good... ask her why it is good
is one of those options supposed to be better than the other?
blockchain and centralized should never ever be in 1 sentence imho. reasoning is the fact dat blockchain technology is a decentralized technology, it is build to be reliable, decentralized and resilient. building a technology that is capable of breaking 1 of those foundations on top of the blockchain gives 1 entity the power to break. blockchain technology should never be able to stop because of 1 entity
if you do not care about decentralization, there is not much point in the very idea of a blockchain: maintaining a database on a server with some backup is a million times cheaper.
*better call sol* *now on netflix* *the eth killer that did not kill eth*
f for those who bought at ath
congrats to all the people who are high all the time and do not fomo
sol price hasnt reacted much at all to this outage edit: market has had enough. dragging all the chains down
its so funny how sol advertised proof of history as this awesome acomplishment just they have... they are the onlyone who has it cause they created a problem that makes it needed and nobody esle needs it in the first place
wouldn't have happened on algorand
the jokes, sometimes they write themselves.
they wanna get rich tho bro 10000x wen gotta spend money to make money bro it's not gambling they are investors bro
in a bull market dumb money can make more than smart money. it's less about reason and more about being ahead of trends. even if the trends are bandwagons without substance. look at the $.06 to $.75 run doge had.
i got a deposit here for little bobby droptables
i wish i was sold it earlier!
it's literally written on their website 😂
sounds like he’s sol.
when life gives you lemons in the form of solana, make leemonade. only the chosen will understand.
yeah seems like a lot of people just buy a basket of random shit off exchanges like they are buying lottery tickets.
5 hours now. i cannot believe it is not nosediving.
people spending money they dont have on technology they dont understand and expecting to be millionaires by next week.
this is why i didn’t invest in sol. i have no idea about it.
some of what he says is dumb but warren buffett not investing in what he does not understand always stuck with me. same as watching mark cuban talk about how he installs the apps and buys small things to test crypto to learn. most of us are not software engineers but we gotta know a little at least.
price will still go up today i guarantee it.
yup. this is why i do not really watch coin bureau anymore. constantly had nothing but praise for solana but seemingly biased against algorand for "bad" tokenomics. anyone who claims to have done extensive research should have known how centralized solana is.
if you do not have a degree is some sort of computer engineering field (or relevant experience) it is impossible to know the difference between these blockchains. the community can tell you until we are red in the face but at the end of the day you are going to trust your gut...
crypto is the perfect "scam." it combines 2 of the most hardest things people dont understand yet use all the time: money and technology.
they kind of do but this is an echo chamber and they can avoid any “negative” media by calling it fud. centralisation issues about sol have been floating around for ages but this is the first time it’s been exposed publicly and not it’s unavoidable
i'm reading up on solana one day and i sold when i learnt about the tokenomics at . when it pumped 5x since then, i was kinda thisappointed but told myself why should i invest in something i do not believe in(to prevent fomo of course). missed a lot in gains but atleast i did not invest in a centralised token.
yeah the earlier halts were problematic too, but most of the market missed it as sol was around . a top 10 blockchain, but thats an inherent issue of these pos networks running on a handful of servers
no one can move their sol to exchanges to sell!
people cannot send to exchanges to sell. this tends to happen a lot, whenever a coin can not be deposited.
one thing i've noticed in crypto: price never has, and probably never will, correlate with real-time events. the exception that proves the rule was bitconnect - that is the only time i've seen it.
this is like the force diamond hands in ethereum, nice.
the best kind of correct one!
you sunk my battleship
mark my words polygon will reach 1000000000€ by 2022
matic is awesome: don’t have enough to pay gas fees? just use a faucet. don’t want to waste money on gas fees? once again use a faucet or pay the sub cent fees. only thing that sucks about matic is to stake you have to pay eth fees, but it makes sense why.
this is the right move don’t try to make and eth killer but an enhancer! project will go much father for sure.
another one bite the dust
so is that how it works? you just yell algo and people give you awards... neat. **algo**
algo for the win!
i swapped 50% of my solana stack for algo after this news
i’m ducking dumb idiot for selling one at around 0.04$.
just grabbed 20k more.
we're gearing up to launch aave on harmony and the team recently announced a . the chain is expanding to 900 slots for even more validators and further decentralization with 1000 slots after that, 1wallet (on-chain wallet with social recovry and 20% apr) is coming this year, and the btc bridge is a month away with cosmos upcoming as well 2-second finality currently with 1-second finality in q1 2022. curve is also inbound and the aave snapshot ends in just three days. roadmap: : aave: more on roadmap w. stephen tse:
oh please. vechain needs a little pump again. it's about time.
so underrated, definitely needs more love
noooo, leave dot alone. i’m still enjoying dcaing in preparation for parachain auctions. ksm has been dope. i’m going hard dot
ftm is the future
so nice to finally see ftm getting attention
lemme fomo in real quick
single handedly dragging my portfolio up this week
good commodity to invest in
don't forget eos too
🎶 here i go again on my own going down the dozen nodes i ever owned 🎵
bnb has a use within its centralised place though, it’s just a method to pay fees. it’s not a coin you would really use outside of binance right?
doesn't bnb just pay fees on binance smart chain? don't see any reason to hate on it when it is not really meant for standalone spending.
at least bnb does not claim that it is decentralized, and it is pretty obvious.
>people really need to do research and figure out what coins are centralized before buying them centralization in cryptocurrencies is not just a binary thing, where they can be either centralized or decentralized. instead, there can be decisions--such as shutting off the entire network--that require only a few key validators, while other decisions might require input from all validators. the degree of centralization of a token is complex, dependent on implementation, and can even evolve over time.
maybe they checked out username?
it’s easy to talk about how much money sol has made people these days. sol went nearly 100x this year but even 5x on btc is impressive and it grew without relying on nfts. i doubt any of us who bought btc at .005 are still sitting on it.
well i unstaked 5 days ago. that’s why i’m only single fucked… i guess.
and to be honest, that was not a failure of cardano but minswap.
using how many different node implementations? if sol’s crash was because of client bug, what would protect cardano from that?
yes you are right. bnb belongs also in that category!
can’t drop if people can’t sell
nah that is boring, i prefer to irresponsibly fomo into the new hot flavor of the week
lately...but there was a time 6 months ago where it was not so loved
why not both (ada and ergo)
algo has a great future, solid project.
node count, number of miners. not surprising this sub has a terrible nose for decentralization as it constantly bashes on the most decentralized crypto as old tech.
yea, open your laptop and look into the details of the network. look at what the coin is claiming. anyone seeing solana's claimed tps should have seen that as a huge red flag. how easy is it to run a node for the coin? what are the spec requirements? what are the staking requirements? if a normal everyday person cannot meet the requirements to run a node, then that is not a decentralized coin.
because that claim literally makes no sense and the vast majority of the people commenting in this thread have no idea what's going on.
not like that. 1. staking rewards are thistributed automatically from a pool which is already set in stone. when it is depleted, that is the end of it. this is just to reward early backers, to increase initial adoption. and the foundation is not deciding who gets what. it's for anyone who participates. 2. governance is democracy. it's to vote on *everything* related to the system and anyone can vote on anything. 3. the validators are common people. you're mistaking validators with relay nodes which are basically cpus and memories. but those do not validate anything. so they do not influence the validity of blocks or have any power to influence truth. and even then, the team is working on making these relay nodes obsolete or easy for anyone to be as well.
totally agree with this approach and mindset.
that makes sense but you'd think the exchanges would unload. unless the only people not getting out are gaming it themselves.
then again bitcoin was down on march 11th 2013 for 6h20m due to a hard fork consensus error.
i was told it was going to go past 1000 dollars and replace ethereum by the end of the week.
yeah that was the point i was trying to make. centralization vs descentralization is a subjective or relativistic argument. most parents make executive decisions about their babies, and become more hands-off as time goes on.
“its huge” sour grapes.
bitcoin is centralized to you? if you cannot participate in the consensus you have no power at all
it wont happen because the most vocal detractors do not have any bags to sell lol
do you even know what you are saying? “they just want a safe, reliable and working product.” yep well it’s a pretty damn reliable and working product right now isn’t it?
true, software development is not magic, shit happens, and it is okay, things take time to perfect. these are not your microsoft apps that'll be perfecto on release
and in the future it will be a trillion dollar chain that let us nations store medical records, student information, hold elections, and have a million transactions a second when hydra is finished. like i said i'm investing in what it will become, not what it is today.
it will next stop is 250$
i’m still in profits... never mentioned how much solana i have... (huge profits)
that is a stupid argument. bitcoin was not full of insane requirements to become a node.
bravo you’ve won the cryptocurrency investment medal, your medal has just been posted and it’s on it’s way!
true. i guess we'll see the full effect on the price once the network is up and running again.
no i dont care either way. i am surprised people are buying a coin which has failed though.
because they are the 3rd largest crypto and literally just a couple of days ago got the ability to do something lol i do not have any bitterness towards them but they most definitely do not deserve their current valuation.
from the number of independent entities operating on solana, it might be even more decentralized than ethereum. but you would have to do your own research in order to find this out.
but they did tell you
just as much as it says about you not being a bag holder. i do not try to highlight or hide this, just that there is too much misinformation and opinions from people that just do not understand what happened and simply say "centralized". all these users spreading fud understand as much about blockchain (specifically solana here) as politicians do about viruses and vaccines.
well i am holding quite a few. should i sell them? i do not see any price action as of yet. i mean the network has been down for 4 hours. shouldn't people be running to their exchange account to sell their bags?
i would rather have this scenario, than a malfunctioning blockchain… that said, i know cardano is in early stages of sm… so only time will tell… but if staking is any indication… i am certain things will be fine
oh right, i was thinking sol could still be bought, but is that not the case ?
yeah!!! bring it on baby . price drop . show me the money!!!😂😂😂 like the movie.
yeah it looks like the exchanged did not freeze trading. it's always nice to double your money.
yeah, i've been fearful all month, waiting for the price to revert. we'll see how dedicated people really are after this. i'm guessing it drops to ~-.
that’s a really sensible comp…
indeed, solana is a joke though:
i'm thinking some staking pools will stay put. it's possible it will wick down to 100 or lower, but i'm not counting on it because such a huge portion of the market is held by the founders (why many were skeptical of sol in the first place). setting limit orders starting below 140 every .
meh, bugs were meant to squash, still a blazing fast network
also the patch that stops attacks from going to next node is already out
it… was… a good price increase. i made more than 4x my investment... but i did sell. i could still buy back in and i would keep my 4x profit as well as gain more.
well it’s either incompetence or maliciousness. i would honestly pick incompetence, but yes, both are regrettable potential causes
but what’s the benefit of being decentralized? i feel like i’m missing something
i bought 1 sol at ’t have to watch it blasting off anymore. worked perfectly.
i appreciate you 😂 can't fomo into coins when you've just fomod into bong.
even when you do feel fomo you procrastinate and by the time you get around to it the price has dropped. 🤣🤣 dodged a bullet
i think this is the best part, they have touted poh as this revolutionary new thing that is going to fix non-existent problems. all it has done is generate problems unique to them.
to be fair everybody has some nephew or someone that got rich off some shitcoin. it's a confirmation bias, people do not tell you about all the coins they bought that tanked.
we all getting lambos soon
.00006 -> it's one *hell* of a drug.
you need to make this screenshot an nft quick. this picture will be in history books. you’re sitting on a gold mine.
pure gold. never buying again. to me, this screams. i have no credibility! just opened a hero sol
wow close to 6 hrs by time i read this. i didnt have much there but im glad i got out.
it's hard to have a massive sell off when the public only owns 1.6% of the tokens.
>i cannot believe it is not nosediving. it's running on pure belief. fix was published yesterday and merged today soon after the network went down. it was rushed in for sure as the commit skipped the approval on vercel. not a big deal but shows how they operate. edit, a word
can anyone sell if the stopped the chain?
after bnbs run i realized people don’t really care about decentralization.
how to sell if you cannot transact😂
if it was completely decentralized than wouldn’t sol be in an even worse position right now?
decentralization is needed *where* and *when* it is needed. whereas the total pure decentralization for every case in life is a total meme.
you just explained 96% of this sub
you can read a white paper, completely believe it, but still not truly know if it is valid unless you go through the code and confirm it for yourself. a lot of people would not do that or simply do not have the tech background to be able to do that.
ok i'll pull my invest out of elon musks robot child business then
tbh 99% of people do not have any idea what they are investing in.
i treat coin bureau as a scouting agent. if something pops up on his radar, it might be worth taking a peek at and doing your own research on.
i watched coin bureaeu about solana few months ago and he said that solana is sketchy and he dont like it. weird that now he praised sol
i'll await a post mortem but it seems like it always revolves around their leader. it seems the whole network is fragile to issues with the node elected as the leader.
the number of nodes does not matter when everybody is running the same faulty client. see ethereum fiasco during berlin with faulty openethereum, or more recently the geth bug that allowed the chain to fork. thankfully there was enough patched clients to keep the chain afloat, but when everyone is running the exact same client, 10,1000 or 100000 nodes do not make a difference if they have an exploit.
not sure if you’ve been following the stock market lately but price isn’t always or even often tied to real events there either anymore. it’s a weird time to invest.
and sol hodlers declare bankruptcy!
i bought a bunch of algo last week out of curiosity. i might just be out of the loop here but i did not know that we were into algo now? awesome. what about xtz? i love me some tezos.
holy shit. the dude found r's bug! shut down the r.
hey! i love your name, i use that name for a few other things lol. a dab el do ya :d
you cannot just yell it, you declare it
i’m holding the flag! stand behind me! ![gif](giphycg3aidbfiafmszaoy8)
i'll wait for a dip to buy some
i have a handful of algo and i have no idea what i'm doing with it. i just toss a little into its 4% interest gain...
i've been looking respectfully at tezos for a bit as the next coin to add to my portfolio, feeling good about it.
tezos gang checking in
it's currently down at .
it's okay, my friend. i sold eth at 1k. we're still early for harmony, buy when it dips a little.
yeah not sure how people are not getting that movr gave 15x return in 2 weeks...
australia has a robust water futures exchange... for better or worse
brilliant subreddit, just joined 🍿
i remember when eos was touted as the next big thing lol how times have changed
like a grifter i was born to ico
this is a high quality hand crafted joke not getting the upvotes it deserves. highly underrated.
its not my fault that this is my godgiven name ffs.
lmao... i respect your honesty. your response made me laugh out loud
it was fud against ada to buy some more once it dipped.
that's brilliant. they should keep the network down for a few months until this all blows over and everyone forgets what happened.
futures would've moved at least, but the funding is positive, so
it's one of, like, two projects that can more or less withstand nation-state attacks, and is successfully moving development to higher-order protocols. guess what, i want my billion-dollar-moving settlement layer using old tech. the only thing it does not have is a marketing firm, hence lack of favor here.
looks like the blockchain is sort of working again and the price has not moved much, so i guess people do not care that it is broken. or believe it can be fixed.
btc was not worth ~. that's the point...people are throwing their money in ridiculous amounts speculating on tech
i mean, they are both fuckups for sure. it's up to you to decide what level of decentralization is acceptable. if you believe these things should be as decentralized as possible, the revelation that solana can directly halt halt the blockchain is another layer of trust on top of just trusting their developers to create bug-free code. at least with the ethereum dao, it shows that the blockchain was truly decentralized, and you just have to worry about the code quality produced by the developers. trustlessness is at the core of blockchain and crypto, so i guess i see why some people make a big deal out of the centralization.
that's what i'd like to know. i admit i did not turn over every stone, but i did do a bit of research and had never heard of that
do you actually believe that? it was meant to be that in 2018. then the team fell apart and realised how big an issue it is when trying to build smart contracts on a utxo model and the whole thing got delayed by years. and sure if you actually care about those three things, you can invest in them already today. here are some actual live examples from years and years ago: - (2017) - (2016) - if you really cared about innovation you could get involved in doing this today, not just repeating fake talking points about future possibilities to try to make a return on your lobster tokens.
*could* become. whos to say this will happen on cardano?
i've sold so much and still have a ton. idk why people assume to know anyone else's investing strategy. usually those are the people who do not sell at top like they tell you to because they know they never do
if i were you i would sell. maybe some people have not seen the news yet thats why they have not sold. you dont wanna be the guy that keeps holding cu you think it will stay up, but then it suddnely dumps to , then , then , and now you wish you just sold at . up to you, holding solana now is a gamble
if their coins are in a wallet theyre stuck for now
well the amount on exchanges is obviously tradable, people just cannot take the sol from their cold wallets and sell it, that is the ticking timebomb. once a portfolio reaches high four and above five figures, many become increasingly nervous with leaving their coins on an exchange and transfer to their own private wallets. right now many are refreshing the solana network tracker status and are gonna dump right after the blockchain resumes function i bet.
i have more in my wallet. lol hodl & waiting for the andressen & sbf pump
a centralised network and not the point of blockchain or what crypto stands for
that it would take forcing or bribing thousands upon thousands of node operators (as opposed to one or a handful). that is unlikely to succeed. therefore, you can trust what's on it, including who has how much token, smart contracts not being changed, etc.
thank god i never had any money to fomo.
and i was so close to buy a couple days ago! phew
to be fair, i made a lot of roi on the way up but i am really glad i re-allocated my sol position into algo last week. and they say doin't over think it
i’m as well. i bought some a 6 months ago, good thing that i was just watching it right now.
sometimes that is the best move.
has someone who was always high when trading i can confirm this hahaha
this is like the time i installed a raspberry pi into a gamecube case, then i wanted to put in a fan to vent it, so i wired a fan into the power supply, but then it got hot anyways. after much back and forth, i realized it was only getting hot because of the wiring i added to put in the fan.
so fomo into algo ok
1000% better than sol.
harmony pretty good too
i got out 3am. rebought the eth i had sold to get the solana in the first place. never playing with my eth’s again. 😓
who owns the other 98.4%?
lmao i did not buy because it felt like it was topping, and it kept going... i was very skeptical at this point. then i found out it is centralized, owned by private investors and more...
i was able to sell on my exchange. *thank good i didnt set up my wallet which i was planning to do since last week*
but even then they would not care... think about the 2008 bank bailouts, how much us taxpayer money went into the pockets of ceos and how little of it went towards helping out the 98percenters, and still most of those 98% have no idea why the system collapsed and what was done to prevent it from happening again (not much from what i can tell and it may happen again soon). so trying to get the average person to care about how important decentralization is just would not happen, because no matter what msm and the government will just use the old "well if you have nothing to hide why cannot we control your transactions? terrorists, pedophiles and drug dealers want it decentralized!" this is my cynical opinion at least :)
majority cares when it affects the price of their investment.
but only in a bad way. shit gets sideways and reverted people are fine. the whole space is just grabbing for cash in a wind machine right now.
it is my understanding, yes. in this case, the devs just show they would be able to rug pull whenever they like.
>decentralization is needed where and when it is needed. yep. and usually you dont need it. thats why usually you are better off using a database than a blockchain. a centralized blockchain is the worst of all worlds and never "needed".
96% of crypto "investors" period. i thought 2017 had some gullible and clueless gamblers with the ico hype, but this last bull market cycle has really taken that to a new level. can't wait till next year-ish when the gamblers and meme kids have cleared out and things calm down like 2018-2019. at least then you can do research, buy cheap native tokens, lower tx costs, no more people shouting "wen doge ?", and my relatives stop thinking ethereum means 'digital art' and asking me if i enjoy destroying the environment.
i feel attacked lol
and then there’s some projects that aren’t even open source. people still push them on this sub.
interesting, i did not see that video. i only started following him in late june and all i've heard have been good things about solana.
i dont know if its a contributor or not but leaders hand-off every 4 slots which is only 1.6 seconds on average, i can imagine geographically diverse leaders struggling to stay on-chain, especially in times of high tx volume.
if you rely on an architecture where one node is more special than others, then congratulations you've just given yourself a bottleneck and single point of failure.
the real ape coin.
algo infinite moon farming glitch... *it's not a bug, it is a feature.*
xtz all day every day baby! eco friendly tooooooooooo
don't tell them our secret - xtz not appreciated enough on this sub
governance is key to upgradability in cryptocurrency and tezos has the best governance in crypto. tezos bockchain is the most advanced in crypto period.
jesus australia does not just have water shortages, they are on the brink of a major water crisis. add to that the whole draconian measures the government has taken against covid19. i wouldn't invest a dime in australia right now.
i did not invest in sol but sometimes the problem is overinformation and difficulty of assertion who are the most trustworthy sources. sometimes it is really hard to separate the fake news and. just see yesterday's fake news about walmart for example.
but surely there must a lot of people who would be keeping sol on their exchange wallets? but there isnt a little bit of effect seen. are the people that loyal to this protocol?
i fomod into tezos instead, it is on its 8th upgrade and is decentralised
lol, even without any money and even despite the crazy gains the last few weeks, i never had any fomo over sol. btc
that was a great move.
i got out of sol last week and converted it to algo as well.
how did you decide to re allocate to algo?
same, way to go governor
good move but what i do not get is that solana comes to screeching hault and algo coin has dropped 8% in price in the past 24hrs . i just do not get it . it should be the other way around 🤷🏻‍♂️.
same i'm in sol because i thought sam would use ftx to pump it. now with the ftx hack rumors i'll just swap my gains to algo and harmony one and eth
hey, this sounds cool at least
lmao… do pi’s even create heat to begin with?
lmao that is the best analogy i've ever seen
way ahead of ya
fun fact: if algo had the market cap of sol, they would be .08 usd per algo
anyone who's holding sol, yes. they should absolutely do that.
their foundation, team and various private investors. see of course that was only the initial thistribution, i do not have any data on how the tokens have moved since.
they should rename the coin from sol to sql
but sir *database* does not have the same ring to it!
yeah, i specifically didn’t invest in solana because guy called out the shady token thistribution, centralization and other negatives. haven’t seen the other sol videos since then.
please do go on, how does tezos have the best governance in crypto, and how is their blockchain the "most advanced"?
**the coin i'm holding's** blockchain is the most advanced in crypto period.
buy solana ![gif](emoteemo_pack_1nooo) buy tezos instead
how did you decide to fomo into xtz
i just did that and didn’t work out well now but i’m super bullish on it
damm straight. well played
that for me and i had some doubts about link but it has been serving me well so i'm sticking with it
[shout out to el salvador and facebook rumors, lol](
algo is undervalued as hell
[you can see some of my thinking here]( but long story short: i'd been seeing more and more rumors about algo and facebook diem. that got me really interested. when the crash hit, i said fuck it and moved my whole pile.
it doubled from 7 days ago.
instructions clear: sold everything and bought algo
100% of my algorand is staked.
so, when it is open to trade again, there would not be a dump because 98% is belong to them?
but you can do all the "smart contracts" and "nfts" on it you could ever dream up, while achieving 10s of 1000s of tps. so maybe call it a next generation acid compliant ordbms crypto platform ?
"people expect automatically upgrading apps (...) with a minimum of fuss. and it would not be too long before people realize, maybe we should make a blockchain that does that as well. if you do it this way, then you can stay ahead of the curve. as far as i know, at the moment, tezos is the only one that kind of has this kind of functionality." gavin wood - co-founder of polkadot the people who know...know.
yes please! with you there mate 😬 if tezos got half the influx of capital as sol did, each coin would go to about 20$.
tez is the way!
it's a hugely mature offering, it is doing 35% of the tx volume as ethereum, massively undervalued and sponsoring f1 cars + loads of announced projects building on it
tezos is a giant
friendship ended with sol ❌ now algo ✅ is best friend 🤜🤛
only if they buy most of that remaining ~2% that is potentially selling, otherwise it will still drop. price drops of unbacked assets have more to do with lack of demand than supply on hand.
seems to advertise a lot.
yeah, it is slept on. link is going to be completing millions of smart contracts in the upcoming years. it is essential and not many others are offering oracle services. they also offer verifiable random function (vrf) that is going to be essential to blockchain games as well as consensus governance mechanisms.
zelda has always been one of my favorite games
i believe in link!
the farther we're in a bull run, the less people care about the fundamentals. coin x has not moved in weeks? dead project! time to move on to coin y.
horse betting is a safer investment because there is a set selection of horses before the race and there is no babyelonhorse entering the race midway through and punching your face in the process.
> this sub feels less like group of investors debating over tech and more like **drunk** gamblers throwing money on horse races. i'll have you know i'm perfectly sober when i make my life ruining decisions.
this sub could use a “white page wednesday” where only posts talking about the technology are allowed. no investment talk
the two dog coins mooning after the sub shat on it really broke a lot of minds, that is pretty much the main reason lmao
while i appreciate and agree with your post, this sub has been like this for a long, long time. you do not get expert advice from crowd sourcing. you get expert advice from experts. there are none here. they do not spend time debating completely ignorant people on something they spend their life learning about.
what an insult! i am not drunk *i am high*
the real heated debates start when someone insults the logo or website of my favorite dog coin.
it's not a rant but it is a rant
welcome to mass adoption, where the most basic use case is gambling. anyone scared off is just screwing themselves twice, and will return later when things mature. you need to learn to separate the hype cycle and the product cycle. hype will always lead.
say what you like, this is a rant.
i always buy my coins , when i'm drunk. i drink my sorrows away after making a bad decision. and from there the cycle repeats again.
when something gets popular you always get it is quality go down.
that's literally what crypto is...
oh yeah well if you sort by new this sub looks like it’s full of a bunch of whiney bitches who do nothing but complain about the state of the sub.
a lot of these coins are all attacking the same layer 2 solution that eth needs to reduce friction on transactions. you can think of it as two separate pools of competition moving in parallel. the first is the tech, which is complex, moves slowly (well, from one perspective... from another, the tech is screaming ahead) and will be driven by adoption of the best solutions. the second is the cryptocurrency network effect cycles in the coins. that moves quickly, leverages social networks for hype and movement, and has the dollar signs next to it. guess which one gets more attention from the general public? short term traders will use the volatility to capitalize, long term investors will profit off the fundamentals. same as any other market?
"...cares about tech" lolololol - nano holder
that's a fair point. anyway, which fine steed are you putting money on today, friend?
no we just want moons moons to .69
wait till the next bear market and they will thisappear. it's the inevitable product of crypto being overhyped (and of subreddits getting popular)
that’s why i’m here.
i felt faithfully depicted, thank you sir
> nowadays everybody's got their focus on that one overhyped coin that is going to a 100x by the end of the year. nobody's even read the whitepaper on it, but hey, so much hype, it is gotta be the next moonshot! this, except unironically. i do not need smart investments. if i did i'd put all my money in some mutial fund and then in 5 years i'd have an extra . can barely cover a nice car. i need that life changing yolo and that is the only reason i lurk here.
no horses were harmed with my gambling addiction,*sir!*
funny what happens when you pay people to post...
here is the thing though, the hype is what matters. if your coin has all these great parts and no one cares, it doesn’t matter. if your coin is shit, but has all the hype, it will go up. you can make a lot of money just playing the hype.
i don’t drink and buy crypto. i at least finish my drinks first.
hmmm this horse has no legs but the odds are really high so if i put in 100 and win i'll be a millionaire. better put 1000 on it so i can retire in style :)
i'm a drunk investor throwing money at horse debate technology
we had elvis thiscussions here?
bulls do not care about fundamentals
hard to care about fundamentals when random memecoins does 100x overnight while your ada has not moved a penny for weeks.
man half the members here are 14 and have . don’t sweat it just stick to your own plan
what adoption? the % of people involved in crypto because thye want more money: 99.9% the % of people involved in actively moving forward any blockchain development: 0.01%
its dog races lately man, keep up
your first day? drink it in maaaaaan.
you found this out now? it's 2021 mate.
totally agree. this is lately a trend. also a signal that greed is taking over pretty much day by day. when bear market hits, you will read a lot of thiscussion here instead of when lambo. :)
and it significantly increased after you know what pumped.
honestly, i'd like to learn about investing in stocks and crypto but this sub and wsb feel akin to walking into a frat party and it is super off-putting.
sir, you speak fundamentals but i can tell you haven’t been paying attention. we have cardano, shiba inu and dogecoin in the top10. we are in full ponzi mode. the highest reward plays are nfts and memecoins. just ape those and you get 10x
most of us are 12
this sub is: ' 1. full of kids. surveys show that the majority here is 20-25. bunch of kids that do not know shit about work, life, investing or crypto. many kids still wet behind the ears. 2. full of broke lazy kids. many kids just hoping to not work at all and live off from get rich quick schemes. common theme is avoiding taxes or not working at all. 3. this sub is not that big. this is a small echo chamber. unlike wsb that grew too quickly out of control, this sub is relatively small. 4. this sub gives you moons to shitpost. ' with all that said, you have a circlejerk or the same or similar people posting the same shit over and over and it gets boring. you are not gonna get much quality content here.
it is turning into wallstreetbets and cryptomoonshots at the same time
its more likely a civilized wsb forum but for crypto with many repetitive texts
will you care about the tech if market goes flat or if there is a big long bear market?
you know it! fomo and fud rule the day!
if crypto "market" worked like that, btc would've been no value and lots of new coins with better tech would've jumped at higher numbers.
yes, and take my money
yep. stunning when you live in a world where bitcoin gains “aren’t fast enough”. lol. many people will learn hard lessons in this cycle. some will get lucky. i wish you all the best.
sometimes it is ok to just enjoy a day at the races for better or worse.
i mean, i did convert half my portfolio to bitcoin while drunk last night.
yeah, i think that with a financial device that has been as volitile as crypto with many magical stories of quick profit, it’s unavoidable that many see it as nothing more than a box they can throw . that’s probably because things are still new, and driven more by hype than fundamentals. as crypto grows to full adoption, that will flatten out. i do however find it ironic that many of these folks measure the success of crypto by its exchange rate against the euro, dollar, and sterling. :-)
thats what comes with adoption. people who do not care about the text, but want to be rich tomorrow and cry about all the scams and want reversible transactions. look at the elections in almost every country: the idiots are winning. why should it be any other way with any other thing where the masses get to voice their opinions while having no clue what they are talking about?
that's not great considering how the squid game show starts at the horse tracks
which coin is going to 1000x in the next week?
>nobody is happy with 3-5x in 6 months i would (almost literally) kill for that
hey! i resemble that 😎
folk love a gamble
hey... some of us are just drunk
*inserts the “its funny because it’s true” dwight meme* hey, even us blind squirrels find a nut every once in a while. what can we say?
so i should go back to buying scratch tickets at the gas station?
we have people intentionally doing that.
there aren’t newbies flocking to dexes to trade shit like squid…. every single person who got burned on squid knew better but got burned anyway.
i'm up 10k this year thanks to these drunken gamblers
i think it’s because btc and eth are out of range for a lot of people, and the 2016-2020 investors have profited the most in crypto. everyone that’s catching up wants a lottery ticket with an entry price of .000000000009 lol. honestly who has 4k or 60k to buy crypto? their -’t going to make a dent in profits in those top coins right now. if their sole hope is to 3x their money in a short amount of time.
welcome to the cryptodome!
if you want to make profits, unsub and do not see content from this sub ever
i apologize but i am very new to crypto i see you talk about the “king” a lot in this post i was wondering if you could explain what that is?
you know when you cheer for a sports team and maybe the fans are sort of down and they still like the players but the team is not doing so well? then they turn it around and push for the playoffs in the final quarter of the season and all the bandwagoners show up and the rest of the fans are kind of embarrassed because these new fans cannot even spell the best players last names properly? that's what's happening now 🤷‍♂️
i've slowly stopped frequenting this sub. it sorta bums me out.
we all care about the money including you op, tech can wait for the long term hodl
you could not have been more right. i usually invest while i am drunk or high. i use to buy some memecoins and the usual stuff.
that’s the effect bull runs have on people. plus an influx of people just searching for the gains
the top posts range from “why don’t cat coins get more love” to “my daughter is dating a douchebag” to “how can i smuggle my ledger through airport security” to “libertarianism: a big word” this place is great
i mean the sub is called cryptocurrency, not cryptotechnologies
i was a market maker during the tech bubble in the early 2000’s. same shit happening with crypto except crypto is so much less regulated. it will end badly for a lot of investors
meanwhile user account age: 1 year
how else will we earn money for coke and hookers if we do not act like drunk gamblers?
i thought we had to be drunk to be here? is that not right?
it’s both , drunken gamblers throwing money at tech !
not here to rant *continues to rant for the next 20 minutes*
wait... were we not drunk gambling at the horse races?
first theguy who has a tax fetish and now another guy calling us gamblers. the gubbernment bots are trying hard today to smear crypto.
oh please. “the weekly back in my day…” post. the sub is fine, ignore posts you don’t like.
it’s always been the same here, you only get decent conversation in a bear market.
so you're saying crypto is looking like stock trading
this lrc shit is the worst lol
sawbuck on people thisagreeing.
welcome to the party pal
i do not see the difference
a malt taste just overcame my mouth reading this
and we all know it 😂
it’s 8:30am and i’m effing drunk already.
can we not be both?
seems good to me
sir this is a wendy’s
this page is still full of great dd and ideas, just need to filter out all the spam posts and peak chasers to find it now unfortunately.
sounds like you never hit a 100x lol the rush is unbelievable
this the type of talk used to happen on the trading floors of wall street back in 1980s except it all happened behind closed doors without regular people having access to it. modernity has really allowed normies to access the potentiality of financial freedom via a large windfall of money. yes it can sound like gambling, but none of us are here for financial advice let’s face it. this sub is sorta like real life, if you can’t critically analyze the noise and filter out the chaff from the wheat, then it’ll seem like gambling.
hell yeah is not it great?
it's same people 😆
this is not the stock market. get that through your skulls
the mood on the sub changing is indicative of the phase we are in this bull run. be ready to get out folks. the hype and fomo is building. the floor is going to fall out at any moment.
i bought some storj because it looked cool and they actually have a product. iz i smart? i’ll probably sell for whatever coin is pumping next.
why are people so salty that alt coins are doing well? it's a bull market, people get bored and take profits out of ethereum... that is what alt coin season is. everything is doing well, is not that want yall want? do yall want a bear market instead??? all yall do is complain
because. and hear me out ... crypto is not real, it is gambling for neckbeards who only have pennies to gamble away.
crypto shouldn’t even be considered an investment
seems like op is salty about missing a few moon coins. probably thought he was a genius by skipping out on shib and now he’s mad. move on bro it’s crypto. r
wall street is coked up gamblers. we pave our own way using alcohol
we are apes! we plan to buy random shit coins, hodl to the moon and grab mad tendies! what do you mean we are not serious? ;)
welcome to the memerun.
gotta be the change you wanna see and start posting quality content ™.
i’d say an even mix.
it’s a bull market. once a bear hits they lose all their money and it’s back to the fundamentals and tech
the title sounds about right
cryptocurrency, in the minds of the average person, is primarily about currency (greed > tech fascination for most). try out a crypto tech subreddit if you want more tech talk. it is a nice breather from the hopium and gains talk that can dominate this sub.
this is an accurate observation! everyone wants their lambo and they think they’ll win it playing penny slots
well it is reddit and a ton of people came here after a dog coin blew up.
i'm here for the memes and advice how to get rich
yes. i'd eat a bar of soap of y'all can tell me the difference between r.
we are in a bull run an that’s how you can tell. people’s behavior is in many cases the best indicator.
is there an alternative sub for actual good crypto news?
whenever their is a pump people start fomoing - it’s like clockwork
well i'll take 5 on horse 2.
can we have a jack nicholson gif saying : yeeees ?
*throwing money on bull races.
welcome to the world of crypto
i'm all on black!
what do you think wall street has been doing for the last 100 years? lol
**the house always wins!**
as long as the horse is a top 100 horse it doesn`t count... zil is the best btw.
drunk on hopium, yes
well, i am drunk most of the time.
wait it’s all gambling?
hey, we’re degenerates, not drunk gamblers
i blame the moon
it was moons+doge that did this sub in... sorry newbs. youre... *great*, but thats the truth...
cant agree more op. wish people were more invested in assisting with the developmental side of crypto and how to expand their usage not some wsb style pump hype train.
the stupid people are finally hearing about crypto, think it’s free easy money, and want it. happens with every market. they’re the exit liquidity.
i've been invested in crypto since the start of the year and i need to know what coins are giving you x3 to x5 returns over 6 months, i'm down by about 4% on my initial investment and have not done anything other than hold.
this is the perfect analogy. this is exactly how i feel. just not like the first time on the track but you are a seasoned gambler knowing about the horses stats and knowing if this week may be a bad week but in the end its just fucking gambling
thats exactly what iam doing. except bitcoin ofc
fuck yeah. there isnt much in terms of technical analysis that can be done with a brand new asset class. also all the purchases in this sphere are rampant speculation and as long as people know that, its fine
it's the bull cycle and afaik it only happens after every few years. that's probably why most people here are jumping on the limited time span they have to gain money. i do not necessarily think there is anything wrong with it especially since it is just a few months like this and when things normalize or become bearish, it will return back to the "good old days" as some would say.
what shitcoins has the sub shilled now? was it just some obscure posts? if it is then those are probably shills. those are everywhere.
it was the same way in 2017, excluding quadrillion supply meme coins.
this week is the first time i’ve been back on this sub since 2017 and i’ll be honest, it’s pretty much the same as it ever was.
at least at the horse races the horses are real.
sir, this is a casino. please leave your precious "research" and "technical analysis" at the door. ' ' ' ^(, obviously)
feel like the majority these days are pretty young with little to no knowledge how investing works. obviously major crypto adoption drew masses to this sub which is one thing and that’s good. on the other hand within the masses you’re gonna have tons of people who have no clue what their doing except follow media hype about a shit coin and hope it pumps. also think many newcomers feel they might’ve missed the boat with bitcoin, ethereum and now trying to get the next best thing for a cheap price so it can “moon” like bitcoin does. you don’t need much money to invest in crypto either, which brings in even more people. we’re still in the beginning with crypto. there’s gonna be a lot of learning curves.
do posts like this mean it’s time to sell good chunks bc top of bull run? lol
take the free award you earned it
i commented the other day that this sub feels more like r. there's about 2 news articles on the front page here, it used to be far more.
sir… this is a wendys
that's what it is.
it cannot be helped. sub has rapidly grown and everyone's looking for their next big break so whats going on its just to be expected. i'm here making a comment here and there but find myself doing less so lately.
i like to think of us more like pirates betting on... pirate stuff. sounds cooler
most of the posts i see here are about us politics and crying about taxes. i wanna see more about what's out there in the cryptoverse. give me new projects and exciting stuff!
it's like drunk horse racing, but with the added excitement of being able to change your bet mid-race
because the majority of reddit is population are people whose brains are not fully developed yet.
i was going to say stoned 19 year olds that think their .
this is kind of a rant. ;-) but i agree with it. i have not been around as long as you - but for sure the shillin has reached epic proportions compared to when i started lurking here in earnest. personally i see 100 posts out of the blue about the coin of the day - and sometimes i go look into it more - but except for two of them (after dmor) i've never bought in. so i guess - it has sort of helped me in a way??? maybe a contrarian in that - the more i see a coin shilled - the more i worry about it and resist. i guess a lot of folks are not that way though.
must be new. bull run buddy. get used to it lol
it was never not that
every bullrun makes this place go bonkers. during calmer times, it was a place of thiscussion but that is probably not going to happen again with many meme coins pumping - and they people are farming moons in every thread
happens near the end of every bull cycle.
this sub, like most of reddit these days, is just social media cancer similar to twitter and tiktok. i'm sorry but you would not find serious thiscussion here.
thats what thsi sub always was. even before moons. already 2017 people wrote the exact same thign you write now. the thing is that this sub has phases the same as crypto has. when the market is calm and boring then there are less people active that are here cause of hype and more the people that are here cause they like cryptos, so the focus is more on projects and less on gains. ' then the crazier the market goes the crazier the sub goes. when the bear comes the suicide hotlines are posted and when all people in need of them are gone we are back with the deep core of users that just like to talk about projects.
are you saying making decisions based on the shilled coins in this sub is not enough research? i am shocked!
i am a computer programmer. i consider my expertise to give me an edge in this asset class because i can evaluate the technical merits of a project. however there are still a few financial aspects that mystify me, like liquidity pools.
this is what mass adoption looks like.
ironic coming from someone who, i can only assume, is a bitcoin maxi despite bitcoin having trash outdated tech.
that's cause the tech is either 1 boring, 2 too complicated to thiscuss, or 3 ,. i dunno what three is.
dont get me started. if this sub was ever about tech neo would be plastered all over it. it never was about tech here, its all been a drunken ramble in this sub since its inception.
as you can se, its not just about tech. price performance, overal sentiment and tweets of aapwrger guy are also important ... between drunk gamblers.
so what coin are you telling me to be the house on? this is a long dd to be honest. guess i am going to by squid, only thing i get from this post.
i am quite new to this, and i had a similar thought. i put some small amounts in to try it out, but every time i read stuff on this sub, or online about different coins it really does not seem like investing to me. i do not think i can blame people if it seems some of these coins just blow up in no time, and the factors that make them change price are not exactly transparent. it's dizzying and i am really reluctant to put any real money on anything other than maybe bitcoin.
so what you're saying is... the market has matured and we're acting more like wall street types? if so can someone let me know which bathroom they are doing the coke in? i want to stop by for a line.
sooo umm ...which horse we betting on ??
agreed ... folks here dont know jack
dogeelonmuskfloki coin is not a gamble. 8)
i'm always impaired when i invest i thought that was how it was done . my bad.
welcome to a bull market. most people woukd have got in to their positions during the bare market. the ones entering now are looking for that moon shot which is exactly what i tried doing during the 2017 bull market. its all part of the learning
people focus on fundamentals during bearish times. in bull markets they are just high.
drunk?! i do far worse when sober...
it's definitely the market climate, after the crash earlier this year were the best comments id seen so far because the only people still interested in the forums were those with real interest in the tech
yeah i mean that is how most of the investing subreddits are lmao everyone's obsessed with making money, and the community that cares about the tech is the minority
all i know is that the uptick in those asking about ***day trading crypto*** is alarming. don't do it. don't pass go. do not collect any money and go directly into red candles. no lambo.
this is just a natural progression. we are in a huge bull market, let us not forget that. if we zoom out to a max time frame we see how far bitcoin & the space has come. the entire cryptocurrency marketcap has grown from 15b in the start of 2017 to now 2.7t towards the end of 2021. this is huge, a gain of \~17999900% [ there is a huge amount of money which has flooded into the space and crypto has gained more mainstream adoption. there is also alot more reddit subscribers: checkout the crazy growth this year [ i think we need to understand what is happening and alot of ppl will lose interest once price does not go up anymore and the crap is flushed out...this is why bear markets are helpful and needed. i understand your frustration, but i think it is only temporary and mania in the markets has deff taken over the sub, but once the mania ends i think you'll see a return to normality.
it's funny because when i've cashed out 50% of my portfolio in april with around 400% and mentioned it on this sub people were bashing me for being 'paper hands'. but it was 400 fucking %. nothing in my entire lifetime gave me such massive returns. and i'm still holding remaining 50% of my bag since then. people are just too greedy and they need to chill.
>there was a time when people here focused more on the king, on the fundamentals, people thiscussed serious projects, innovations and different use cases of crypto and adoption. lol no there wasnt
it’s people piggybacking on the euphoria. bunch of people join after watching some shill youtuber and parrot what they say. thinking they know what they are talking about. enough of them do that it starts to seem like a consensus. when in reality it’s the morons being the loudest (sound familiar fellow americans) sub will be back to normal comes the bear market
welcome to the fomo run season.
i'm in it for the money.
i think it was the exact same in 17, it is just there were about half as many subs, those two things coupled together means that you have to sift through a lot of the crop to get to the cream. occasionally there is some really great content on here though!
horses gambling is shit...at least pick something kind of predictable.
we all want to get rich. this is what happens
i got ? isn't this the races?
i guess the real question is, are you surprised by any of what you describe? is it any different to the stock market (i still remember the thiscord channels when gme was kicking off at the start of the year). more people = more chaos.
was recommended the sub by a friend, so i cannot say how it was before, but i saw a post around april. 70% of what i see from this sub on my feed now is the hype drones with wild speculations based in nothing but hope.
generally people can’t help themselves to jump into a get rich quick scheme vs a get rich slow scheme. especially when keep hearing about others doing it. i admit i would love to put !
yea, this honestly is. a week ago loads of people were hyping up shiba, and everyone was super bullish.
you just described 90% of the crypto community. i like to think i'm different.
>we want 10x in a month! no bro, i want 100x or 1000x in a month. gotta secure allocation for lamborghini aventador ultimae before the allocation runs out.
you just insulted this whole sub, but yes.
it’s turning into wallstreetbets it feels
u! one that should be put into practice with all investments. i made over 625% in one day with dwac & now a 10% return seems like a waste of time, i am a senior citizen & regret i had no patience in my 20's. just be patient young ones it will come!
now every attempt at thiscussing a new coin will be seen as shilling.
shiba to the moon.
is that not what we’re doing?
i remember when this sub was cypherpunk
don't kink shame me
because 99% of the people invested in crypto don’t give a shit about the tech, including me mfer.
i'm with you, but i do not think there is any going back until we have our first big crash. this is an eternal september situation, we've had a large influx of unsophisticated investors who want to get rich quick by buying and holding, and they are not going to leave until the atmosphere changes or they all go broke doing stupid shit.
that's why i only check once a day. there really very little of substance here
there are several reasons for this and whilst some are more predominant than others, it is the combination of them that brought us here. - the copy paste: most projects claim to be this innovative tech that will revolutionize the crypto space by being faster, having lower fees, being more secure, more transparent and. it's not that hard to smell the bs of those claims as rarely they are developing something actually new. - the killers: several tokens are created just to be referred to as the xx killer. it's just marketing and barely does anything to actually be better than the other project. - link farming: with moons around most posts are just posting links from any gods forsaken crypto "news" page and the post sharing the same clickbait title as the one on the website. i particularly hate this one because if i wanted to be on other websites i'd be on other websites and not in reddit. specially if i'm on my phone. - the shilling (?): whenever someone someone starts talking about a project people floods him with accusations of shilling the coin, crapping on it and shilling other coins because they are better. on the same topic when people are trying to learn about the space and asking opinions about a project people come with the same i said before but also with a furious dyor! as if they weren't trying to. - fanboys: there are these groups around that will try to shut down anything that is not their project and everything beside their project is a shitcoin. - investors : most of the current members of the sub are people that came to invest in crypto. that's it. they are not here for the tech they are here to invest and gather info about projects that might be profitable. - hypeposts: karma farmers have it easy when it comes to these ones. on a "bear" market they post about how the market is stabilizing and soon we'll go to the moon and or buy the dip. on a "bullrun" they hype the shit of it as "here it is" or "we are at an ath" as if no one sees the charts but they still get a shit load of upvotes. - fishing: upvotes fishermen post daily something in the lines of "what are your hidden gems?" "comment your undervalued token" "tell me what your secret token is and i'll roast it". these are not inherently bad as they serve to know the general opinion in the sub but the increasing number of these posts are getting really annoying. - high effort: this is where all goes south. whenever a high effort post comes around it does not gets enough attention nor upvotes so it rarely reaches surface. then if you compare it to a shitty link post that gets the same amount of upvotes, if not more, you are left with no motivation to keep making all this research and putting all that effort into making something really informative.
it always has been
ngl most of the time i come here to laugh at you moonwhores then i go back to actual resources that do proper research to feed my smooth brain. at least the sub is funny. was better with memes though.
there has been a new development. shit about fuck.
that’s just the cost of mainstream adaption i guess. the average person probably isn’t in it just for the tech so you’ll see different attitudes toward crypto once it becomes more accessible.
there’s strategy to betting on horses. this is more like russian roulette.
when’s the next race?
less like investors and more like drunk gamblers throwing money on horses ? i don’t understand the difference.
75% of it is shilling. but there are still some useful posts especially for newcomers about scams, hodling, staking, speculations, criticisms, etc.
i have two simultaneous strategies: 1.) steadily acquire btc via mostly dca 2.) yolo fomo into . usually the btc works out better for me.
what everyone else has said. this happens when the market is euphoric all the moonbois come. come back in the middle of a bear for real thiscussions.
does anyone else feel personally attacked by this post?
it is fun throwing “insert dog or object here” and seeing 2000% return in a week 🤷‍♂️
i’m picking up what you’re putting down. all in on drunk horses coin.
with derace we all would be soon doing exactly what the op is saying
god yes, the last 2 weeks or thereabouts, there has been a very noticeable change in the sub. it really has gone downhill in a big way
yes its very sad
lol well it be like that.
i’ll spend my wife’s boyfriends money anyway i want!!
sorry that you're jealous because your precious btc has only gone up 100% in 6 months? not our fault we like to make money.
i was actually thiscussing this with someone last night. unpopular opinion though...i actually think the "gambling" aspect of trading crypto is healthy for us in the long run. i yolo'd a bunch of money into doge and shiba... made profits and now i stake and invest in more solid coins and projects. i still gamble with a few other coins here and there so that i have more to invest in legit coins. on top of that, you do not really see coins that *gradually* increase in value in the news like you see when shiba goes up 1000% in a week... so we need that type of attention to attract more people into adopting crypto.
it should be a rant. so many people talk about wanting advice on 'investing in cryptocurrency' when in truth what they are really asking is "which coin(s)(s) will make me fiat rich in as short as time possible?' it might as well just be investing in digital air.
this has been the way for a few years now, nothing new. as soon as the average person on the street knew what crypto was, this was going to happen. i got involved in 2012-2013 (no lambo) and it was already getting like that then.
bull market, everyone a winner, life is easy . it is the lean bearmaret when critical thinking comes back.
crypto is fascinating and necessary, but i'm still here to make money. i need those shitcoin hypes to put money into long-lasting projects i have faith in. otherwise, i'm just an average hourly worker trying to put , which will get me nowhere. am i gambling? yes, in a way. but, if i can throw (which i have several times now), then i think that is a smart play. i've done it several times and have half a bitcoin, some eth, and a fuckton of doge. so yeah...i'm all for gambling for capital.
lol that is what i pictured when there were a bunch of posts on ada and sol battling for
i have mixed feelings about what you're saying. because i guess when they were no monetary incentive, only the true passionate about crypto would write posts and other people will comment with their insights. so it was more like a niche thing. now we have became massive and to be honest, i got a portfolio with solid long term projects that gave me some profit but there is a bunch of people doing way more than me investing in shitcoins. so basically i do not know how to feel; i do not want to fomo into shitcoins but those gamblers are doing alright for quite some time now.
just give it a year or two, when winter is here all we will talk about will be the tech
wait, you guys have money?
wow (and even if i am new to this crypto world), it feels so good reading your words. honestly, i am sometimes confused about all these random calls on random cryptos on this sub. each time i will google this particular crypto, read about it and just think that the project behind is really not worth not the sudden hype. i tried to invest my money (and not a lot of it) in some alts that i found can have some potential. and i will may more than happy to make x3 in 3 months. (i chose the alts over eth-maybe wrong- feeling that they would be the ideal candidate to do so)
hey i’m new to crypto and want to know if there is anyway to take calculated risks on it? what do i look for when investing into a currency and where do i look for it?
wahohooo! that is my hoorse!
not everyone just the casino people. i have been trying to tell people about cro but all i got was blah blah blah it hasn’t hardly moved (at the time up 108% for the year) that’s not moving fast enough everyone wants 10,000% yesterday 😂😂
i’m not drunk, you’re drunk!
yes the shitcoins are some clown shit, but the constant references to "the king" make me read this post as a btc maxi who's pissed off that alts and shits are outperforming. people do not talk about btc anymore because it is not very interesting, and because you need a lot of money to make money on it now--it is a rich man's game.
i dont know shit about fuck so im more a degenerate gambler ngl
of course, why waste the time to walk into a casino drunk when i can sit on my couch drunk. i’ve even imagine ever coin as a certain color. i imagine why portfolio at a ranch and all the coins are training for the big race. it’s adorable.
i mean… i remember 2017 and this sub looked more or less the same back then, too.
buy high sell low
it is cute you think this is anything but gambling. fundamentals and tech mean sfa
augh... crypto is a horse race, all of us do not drink we smoke, and it is much more fun and safer than vegas, so what's your point? i am quite fine beating the house, inebriated, having a ball and richer.
you are very much right. this sub is the manifestation of tribalism. if you were to talk about fundamentals, people would have to be capable to accept that their beloved coin (that they are bound to by likely stupid ) might have a very woblly foundation. by now btc is king only due to its network effect, not due technology. is that bad? no necessarily, you just need to know and admit it and if you decide that network-effect is the highest driver of value, then your investment-decision is sound (though by far not guaranteed to work in the end). thus there is nothing left to thiscuss about the king. there is no fundamental news aobut him, just speculation and lots and lots of fear and greed (both not exactly known to result in interesting thiscussions :d ). no development sadly means that there is not much deeply interesting to talk about. thats why there is nothing to talk about the king. for any other intersting thiscussion to happen, we'd all need to admit that (for most of our investments) we fell for some promise in the past that is either yet to be fulfilled (way later than we assuemed) or has been proven not ever to be fullfilled. we are all simply betting on different things. some are betting on the network-effect, which is a valid bet. others are betting on niches that have to prove themselves by proving their technological or economical superiority over the established big players. still, also valid. again others are simply betting on ultra-short-term hypes. no matter what you put your money on, all bets are valid if you know what you are doing. if you dont know what you are doing, you can still come here start a useless fight with people that cannot digest their own bad decisions :d. maybe this sub should stop thinking about "good vs bad decisions " and merely talk about "rather conservative vs. risky-yet-potentially-more-rewarding" strategies and ideas. this way no one has to feel butthurt. ' ... but what am i even rambling about? this comment has already exceeded the attention limit of the average user and will be voted down so hard :d
wait for the bear market. gamblers gonna get rekt and leave the space to the "fundamentalists" and techies.
go to a stock subreddit if you want that here we are all clueless drunk people
majority of people do not really care about the concept of cryptocurrency, they just want to make a profit - a quick profit, really.
sorry? what about tokenomics? how do you mean you do not get this coin's utility metric? it's very simple: this token gets layered onto the blockchain which makes it incredibly scalable, on the point where major companies can use it to enlargen their customer liability expertises, and so the eventual point is that the use case for smart contracts will then begin to incorporate newer protocols and token boundaries. how do you mean you do not get it?
this is why bch people like bch
haha, so true. eventually, everything will adjust, probably after some burns.
so how should i learn more about how i should invest? can you guys give me a relevant link?
could be the price of mass adoption. we moved from debating how to solve the byzantine general problem to „wen lambo, wen moon“ and “coin has dog?“ threads
this is how "going mainstream" looks like.
this is a top sign
sir, this is a burger king.
probably unpopular opinion: people are here to make money... and hope to make as much as possible, quickly enough not to care anymore about what crypto will become in the next few years. what do you even expect from people in a market that is more volatile than wsb stonks? don't fool yourself, most people would get out without even looking back if they made significant life changing money and managed to get out safe and sound with it. fundamentals are important, but mostly in a bearish cycle while people are accumulating for future bulls
it's 2017 all over again. the only difference this time is instead of 10x to 50x gains, they are 5x to 25x gains and everything is mostly centralized and nobody cares. we yet again have degenerate gamblers who want to throw their life savings into whatever moonshot 500x coin that will make them a billionaire if they got in before everyone else, but they are always throwing money into shit like dogecoin.
i like the tech on eth, but i also like gambling. therefore when i gamble on alts and win i take that money and put it back into eth.
everyone bringing up ada must not realize it’s up 2000% on the year... how much higher do you want it to go lol
bro every market is a casino you must be new lmao
... cannot it be both?
2000 doge to man o' war please
well, i strongly thisagree with you. it more like dog races…
meme coins have ruined it
all in on black beauty!
as new players enter there will always be a need to learn and help.
wait... this is not a horse race betting game?! you must be high on cocaine!
been this way since around 2017. welcome to the party.
so if got this right, you're saying invest in the first decentralised block-chain based virtual horse racing platform listed as derc? you son of a bitch, i'm in.
that's what stoke trading is. just a cleaned up version of what the degenerates do
lol are you surprised or something? many of these currencies are barely used in the real world.
listen, if you look enough you'll find plenty of good conversation... but this is an investing sub, that is how all of these are. you get good news sources here and there and you get good conversation here and there. just ignore the shit posts and idiots talking about their next moon venture if that is not your thing.
we try to adapt to be closer to the way things really are. in an ideal world, vet would be adopted by everyone, and coinbase would list it. why not? it works and has a real use case. however, in the real world, there is politics and manipulation. so if you proceed on the basis that the world is a rational place, you will be worse off than someone who makes a bet on human illogic and irrationality. 1. picture of dog makes human feel good for 0.5 seconds. 2. oriental crypto project makes people's head hurt as they contemplate the future of supply chain tech. bet on (1) and you will strike gold. bet on (2) and you've got a long, long wait in store for you. why? because (2) feels like the real world. no comfort, no gratification, no repose. you use the same brain to parse it as the brain you use at 9am on monday when at work. no fun. whereas (1) is something you parse with your friday night *drunk brain*. make that friday night last, eh. while this may seem irritating, it is harder to make this leap in your own synapses than you might think. to be able to ignore the prodigious child and pick the boisterous clown in the classroom is quite a feat of effort. you need to *unlearn* what you think you know about how the world works, otherwise you will keep getting the same results you've always got. example: bitcoin is successful. bitcoin is hard limited. it therefore fits into the way each and every one of us deals with personal. money as scarce resource. reality: money is not scarce but is created out of nothing on a computer screen by a bank, infinitely and forever. rather like doge, eh... get your head around that ;) hehehe
i don’t drink. i don’t gamble. i don’t know anything about tech. so i am just stupid and i like it.
moons, made shitposting welcome
you know what? i bet, there was some high-profile wall-street-gentlemens-investors-club in the 1910s or 1920s and somebody said exactly the same. "good fellows, it seems to me, we're not investors, but drunken gamblers betting our pantanloons on hors races, i say" i think these two things are just not separable from each other. it's okay.
hehe is getting "squid gamed" the new term for rugged? i like it
well i’m not drunk at this second?
because that is how a lot of mainstream media portrays it, i only recently started to understand this subject after doing my own research. now i am baffled by the misinformation and fud that is spread on crypto by more traditional media sources. some of it on purpose, some of it from lack of understanding.
to be fair a lot of investing is throwing degenerate money at shit and praying to the gods above lol. even if you pick solid projects and debate about tech that doesn’t mean an investment will succeed.
wsb has changed the way people talk about and approach "investing". that mentality coupled with crazy volatility in crypto and moon farming on this subreddit has bred the comments
if you think this is bad, join a fb cryptocurrency group. we look like geniuses here by comparison.
there’s also too many post with people complaining about all the shitcoin posts. how many of these do we need?
not even that. just a bunch of popular opinion moon farming posts. its trashy af if you ask me
i remember a time when you could not even say cardano in here xd
one critique: \* all people talk about on this sub is the current flavor of the week over-hyped shitcoin and how people used to not talk about the current flavor of the week over-hyped shitcoin. this has to be the fifth or sixth post i've seen in this vein. don't talk about it, be about it. btw if you want to thiscuss btc, i'm here for it. this bull market lives and dies with btc, so i do not understand how it is not a number one topic either.
i mean... is not it? this is reddit, not wall street.
this is what moons will do to ya buddy.
things changed so quick because the guy washing windshields on the corner has started trading on his cell phone. he then made 10 bucks off some shit coin, went bought some dope, created a reddit account and is now a “reddit crypto genius” and begs the question, “why everyone can’t agree with him?”
not sure what you're talking about - this sub was never good, especially not for dd
i love the excitement
it is indeed what you said op. its like a support fb froup 🤣🤣
i’m just waiting for secretariat to moon.
why cannot it be both? the tech itself is both, so it stands to reason you'll get both types of people. i like the diversity of thiscussion, tbh, and the real nutjobs are over on r.
the more technology succeeds idk if my faith in humanity will.
i see the same type of post before every bull cycle. “ohh how in the good old days it was just pure fundamentals and technology”, like no one was shilling shitcoins in 2013 or 2017. if people fall into a scam then bad for them. but it is a survival of fittest. if people make money then good for them. but please lets just stop with this bullshit of this sub only talking about fundamentals in life scam exists in every fucking minute. this sub still does explain the people what the basics are and where they can be informed. and this behavior happens every bull cycle... every bull cycle... and post like those are important to gauge the market.
it's quite simple, really. cryptocurrency has started to really become mainstream, with that comes more and more people to the sub. more and more people to the sub means a dilution of quality thiscussion. it's a numbers game.
sad, but true. people need to focus more on the tech side but all they see is number go up and fomo
that’s what a bull run is… wait for the bear market for sane thiscussion.
instructions unclear, bought more squid horse games.
where do i buy my ticket?
noice, i'm in the right place then.
yeah, now it’s all about paying taxes and shit. crypto is ruined by these guys. the main purpose is lost.
wait for the bull run to end. many subs will just die.
well, to be fair, the latter sounds more fun.
these people betting on the long shots have been making money
what are you, my mom? i can stop whenever i want!
the real drunk gamblers are the friends we made along the way
it just feels like desperation. i get it though, so many people are sick of their current circumstances and just want to escape. they see crypto as that. it represents economic freedom. an escape from wage slavery. and they want it yesterday.
i've only been a member here for about a month and a half and in the short time i've been here, it is been a lot flavor of the week thiscussions. when i joined this group in sept, everyone was obsessed about cardano. now people are dumping because it currently is not doing anything. fb came out with their metaverse bs... mana was the flavor of the week and is barely talked about now. i got burned with that one. not a huge amount but still annoyed about it. shibu... i do not deal with meme coins so i completely ignored all that shilling. now the current flavor of the week is lrc. nothing is official yet and people are going insane over it.
i blame the stimulus checks.
who cares? it's a bullrun!
eh it’s some of both. the tech speaks for itself. that’s why we’re seeing mass adoption and so many new investors. can’t blame the latter for throwing fiat on a lotto ticket now and then
i blame the apes
and the biggest problem with it is all these drunken gamblers move markets. i love that people seem to just be noticing this. how tf do you think bitcoin became mainstream? crypto is built on idiots gambling and scammers scamming.
isn’t that just crypto?
wubba lubba dubb dub! put all your shmekles on schwifty coin. do it mr. op booby buyer
you must be new to crypto.
the problem with all of the thiscussion is that it misses the point: a viable crypto currency is a method of eay exchange. when you start gambling on increasing value, your crypto ideal falls by the wayside in the pursuit of a few $. now the next step after making a few bucks is to try to get more! and how do you do that? hype it!
this sub is just an avenue for shills to promote their shitcoins. add moons to the mix and nearly everyone is only posting here to make a few bucks.
this is what mainstream adoption feels like. wsb used to be very well crafted option plays by deep thinkers too. now it’s all just yolo shut up and take my money.
we are quite literally playing a game of roulette and have no idea what will be winners or losers. you can bet on red or black with btc or eth but it is still not a guarantee
you are so right. especially your first sentence "...how things change so quickly." hopefully the gambling mentality is a short lived fad. actually i believe pretty strongly it is (at least in this sub). one huge correction or months and months of crabbing and people with short attention spans will move on. those in it for the long run will stay and contribute to this great community that had taught me so much...or maybe i'm just an idealist.
i can not for the life of me find an easy site to see the health of chains and which token is on which chain. i'd love to separate out the bsc tokens from the eth tokens and see how the doge chain compares to polkadots...
i'm a drunk horse! lol
this is my first post ever, but i like this analogy. how to differentiate the investor debate (what i'm interested in) versus drunk horse racing (which i'm also interested in to a lesser degree because could make $)
"how do i find the next shiba?" "what unknown coin do you think will 100x" its no surprise. new people flooded in for investment tips and have no clue. let them learn the hard way. the resources are here if they want to look, and if they do not they can get burned on whatever scam coin looks new and cool.
there’s a sub for this shit - wallstreetbetscrypto go there and you’ll see this sub is classy and dignified by comparison.
sarcastic answer: i thought that’s what crypto currency was for? serious answer: with things exploding like they are and the potential marriage of gme and lrc we are getting more interest than ever from a lot of people either new to crypto or new to the sub and are from other subs that are gambling focused. this is what happens when shit like shib and other coins jump by thousands of percents, everyone wants to be the next “i put 45 cents into dickbuttinu 5 months ago and now i own the entirety of south america.” i’m gonna go out on a limb and say the vast majority of people here got interested in crypto because they heard about bitcoin in the news and the insanity of people becoming rich just by holding onto the coins. so in a way it’s good for the community… to an extent. the gamblers will move on and the people who want to learn will stay. however, since we are in the bull market everything is hot and people are looking for the next big thing. when shit cools off i’m sure the in depth thiscussions of projects will come back, this is just the phase we are having to deal with right now.
when facing an unpredictable outcome, what’s the difference?
people just keep shtposting to farm moons...
exactly how it should be
well with 5,682 different crypto’s (and that’s just on coinbase) it pretty much is a crap shoot. the only established ones that are “reliable” at bitcoin and eth the rest are simply a spin of the roulette wheel hoping you cash out big
leave me and my f**king ponies alone! ;)
but did you see that horse take the rail and run all the way to the finish?
is...that not what we're doing here?
well i do agree with most of this i do not believe all the investors that lose will leave market completely. some will learn from mistakes some will just move to the next slot machine. hopefully a higher percentage learn than roll the dice again. as for gambling in general there is nothing wrong with some entertainment as long as it is money you are prepared to lose & are good with that very real possibility.
we're in max greed at the moment.
yea!! this is not r, people!!!
sentiment changes everything! in time it will flip flop.
>there was a time when people here focused more on the king imagine complaining about the "horse race" nature of the thiscourse here while using a term like "the king" to describe a crypto.
>there was a time when people here focused more on the king king does not have any newsworthy achievements as of late. lightning sucks ass, there is no new tech. i'm not saying it is not king but what do you want us to talk about?
rant- speak in a wild impassioned way
guess what? it’s always been that way. crypto has no justifiable fundamentals. bitcoin has always been valued based on greater fool theory. but price has away of changing sentiment and it revealed the reality of what “crypto investing” is about. it’s a horse race and you all are the horses.
let the fomo begin!
welcome to reddit. new here?
so which horse should i go all in on?
lrc to the moon!
wait, this is not crypto wsb?
at least it isn’t a dick measuring contest, yet! don’t think it will come to that though.
you are aware this is reddit right?
because tech doesn’t matter a lot of the time in the price of the coin especially during bull runs
there is no "king" bro
ill drink to that!
so true. it’s cos the fear index chart is at extreme greed and everyone wants to make a quick buck. where lambo 👀
so you're saying my 100% loss rate is not a sign that i'm doing it right?
people buying at ath are just betting on the horses when the race is already over
that is gambling with extra steps
just like r. wtf is a "king"? are you 10?
sub has been a mess lately but i feel like a actual miner finding useful information in little nuggets here and there.
tech conversations are for bear markets, we still have another month of bull season
you’re talking about a time when there were 500k subs. this place is over flooded with kids now.
be the change you wish to see in the crypto world.
welcome to the price of adoption.
when did op go to a horse racing track and hangout with people drunk ? degenerate gambler.
just joined, really excited to learn more! still trying to figure out what moons are. i am a patient long term style investor, interested in buying more into the crypto market. ive read some comments, and this is my first ever, so i figured i could ask it best by seeeing what other, more experienced users of this subreddit think! my question is: what do people recommend to be the most viable cryptocurrency in terms of continued support by developers, with a healthy support base from the community, that has potential for steady growth in the blockchains capabilities over the next year? im not looking for "the next big thing." honestly, any of the hundreds of coins could do just that. im simply looking for good viable opportunities, especially in small cap coins, with good potential to be useful one day!
if there is an organization to the thiscussion on this sub then it obviously means that it is being tightly controlled and moderated to only allow certain type of topics and comments. but if you cannot see any pattern, and conflicting information, deceiving and goodwill posts, then let it flourish.
we learn to see the technology behind the project , also we yolo into every coin shilled in here
crypto became big and it’s a get rich quick scheme now. it’ll attract the gamblers
where there is a bull of fast money, there are cowboys to ride it.
i just want my nano to pump. is that too much to ask?
2016 cc was so peaceful and smart, there was space to find precious gems, now its like a needle in a haystack
welcome to the human race. when something is born, only the hardcore who are really into it and knowledgeable about the subject thiscuss it. then it gets popular and more people who find it interesting but don’t have the same amount time as the hardcore to invest in it begin playing and thiscussing. once it gets really popular, celebrities pick it up and it gets stamped on t-shirts that explain nothing but define it as a lifestyle. then here we are. complaining about all the kooks in our game, catching our waves. apply this to literally anything humans have created.
fucking hurr durr, why do you think we joined ffs
wsb all over again
this sub went to shit after 2018. we used to thiscuss the ground breaking technologies behind crypto and how we can reach large scale adoption. now it is all about which shitcoin with garbage technology is going to be pumped and dumped next. just look at the top 10 cryptos at coinmarketcap, half of them are absolute trash. and do not get me started on how many people here suck on elon musk's dick. truly pathetic.
i've said it again and again. hype will almost always beat your specs and fundamentals everytime. the problem is that alot of you in this group would rather bitch and complain about meme coins blowing up, missing out in money, then shallownyour pride, admit you were wrong about them and investing in them. even if it is just shirt term just to make a profit so you can invest in your "good" projects
i take that personally. you cannot say that we are are throwing money on horses races. i personally feel like i am throwing money on hookers
hey guys, look! i found another double agent!!! come to thiscourage investing again, are ya?
oi, you wanne foight?
wen next dog coin?
you know us well
hey, we have a couple more months to be drunk gamblers before we return to hopium addicts followed by depressed silence and then a few months after that we can debate about the tech.
i like zed run
im going all in on horserace coin
ahoy mate, where’s ye slot machines at?
i joined because i wanted to gamble like a drunk man … stop ruining my fun 😂
to be honest, this is what the 'crypto crowd' looked like to me from the beginning and kept me from joining them, even though i'm working in high-tech.
i think people are beginning to realize utility and security is not the driving factor. it's hype and worthless memes that drives the market now. that general change in opinion has caused people to focus more what the next lol-coin could be. this general opinion will end once the market collapse.
unironically all in on derace
well...if the horseshoe fits
fundamentals? research? they're currencies. people trade them around and try to not be bagholders. a closed system of tokens just traded around, nothing produced...does not actually create wealth. with any trade fee at all, less than 50% will gain any money over trading it in the long haul, logic dictates.
y’all need to shut the fuck up with the bitchin. some of us are trying to make money here, y’all about some bullshit.
c'mon lucky squid coin! you can win it mooove your legs...!
i think many projects can both win-win. no need to debate. just choose whatever you lilke.
it's called a bull market. possibly overheated
thats what it reminds me of thank you
fundamentals and "the king" do not belong in the same sentence.
just a bunch of people who have no fundamental understanding of what good crypto is. shitcoiners if you will
do you blame them? stocks and crypto literally are gambling, by definition. you're putting money into something hoping you get rich off it.
most people are idiots. idiots tend to congregate around things that are easy to understand, and that give immediate feedback. crypto is almost a perfect product for idiots. that's why most people in crypto are idiots. however, be thankful for idiots, since idiots also provide exit liquidity for those of us who are less idiotic.
it has been like this since the bull run started a year ago. i try do not read this as much as i used to because of this
the problem is there are too many crypto scams going on. i almost want to remove this group from people do not have a way to transparently determine the value of thats specific crypto without chasing the chart. stocks companies will have performance reports regularly. how am i suppose to know that the value of that crypto is accurate besides speculation?
tf do you think investing is lmfao
there's so much bleed-over from r. never in the past did you see so many people referring to themselves as apes, or make jokes about their massive losses. i personally do enjoy the banter of wsb, but this sub is supposed to be informative. and for the record (because it irks me to see people try to counter this statement in any way), shib is a literal piece-of-shit erc20 token with zero use case. anyone telling you not to buy it is 100% right. i dont care if it goes up 1000000% from here, it will literally never be able to make its way into practical use in society. if you want someone to tell you otherwise, go to a different sub.
the pros and cons of mass adoption
you forgot about the part where everyone is just farming karma with useless posts.
wait… are we investors?
did somebody say horses? ill put 20 on no. 5
it’s better-ish in the individual crypto subreddits — however, sometimes not by very much.
with all the hype on social media and all the stories of overnight millionaires, i think there is just a huge influx of people chasing profit. they do not really care about the projects or the space, they probably do not even know what a blockchain is. they want free money. can't really blame them though. in the long run, you'll be successful and they will lose their money on the meme coins.
ive got a hot tip about , im gonna go all in on . go boy go!
wallstreetbets but crypto instead of stocks
only read the title... then updooted for truth.
wasn’t this same post made earlier in the week?
buy and hold shib 💎🖐💎🖐💎
this is what happens when a subculture reaches a tipping point and becomes over culture plus loads of wsb folks are eager to find the next big thing, there’s been a definite uptick lately
hey man you got any cat coins?
you guys do realize crypto is all about money... right? the tech part is okay but the whole reason for the tech in the first place is... money.
we had a huge influx of new members since the beginning of the year, especially during the doge pump. most people here are small retail investors with big dreams. i too find this sub less helpful to learn or thiscuss fundamentals etc. but it is still fun and a good gauge for market sentiment. i found crypto twitter to be more and more helpful for serious thiscussion. yes, it is also more toxic (especially some maxis) but lots of the important devs, analysts (willy woo, glassnode...), ta guys (bob loukas, ben cowen...), macro traders (raoul pal, lyn alden...), nft collectors (snoop dog, 6529...) are on twitter and their thiscussions are often insightful.
the fundamentals will never outweigh the main reason most people are into crypto which is for gains.
>focused more on the king, on the fundamentals the problem is, that the more you focus on fundamentals, the more you recognize that the 'king' is outdated garbage.
the thing is during bull runs a lot of new investors are going to enter the the space due to "hype" and these new people are just that new. they do not have much experience with crypto and most have not done much research on whitepapers. when a bear market comes into play most people start doing their dyor and understanding blockchain technology more.
i genuinely hope everyone's biggest holdings are in serious projects with solid fundamentals. most of mine are in dot, with the house money riding on low cap alts and meme coins. i'm curious about the percentage of investors (in this group in particular) have completely yolo'd into shitcoins.
it's also full of narcissistic assholes who only post about other investors and not anything of any substance. who the duck are you? oh ya forgot i did not care. only care about that dip boi
wait, you're telling me you guys are getting technical thiscussions?
don't you mean dog races?
i think r. there are now more people interested in this technology because it can make them more money than those at actually want to learn and use the technology. so posts are becoming less motivated by the tech and more motivated by fomo and fud.
while some folks here may be drunk, i think the vast majority of noise is created by 15-year olds (or maybe younger kids). it baffles me that people take financial advice from 15-year olds. would you trust them with your old car? or your cellphone? then why are you trusting them when it comes to your hard earned money?
agreed! "coding jesus" on youtube parrots some of your assertions. whitepapers are a must!
oh sweet youth. you should see wallstreet.
i use this sub for shitcoin yoloing and wallstreetbets for meme stonks. billions or broke baby
lol it is been like this for years idk what youre crying about. go to
i’m not drunk sir
i didn’t read your post but your title is accurate
drunken gambler checking in.
this is a good indicator we are entering the mania phase. the end is near. can't wait to thiscuss technology in the bear market (if i have not sold my pc because of my investment in safecumaids).
what you really meant to say is this sub has become a crypto r
the whole world is in a bubble. i have houses in my neighborhood that increase from .1m in just 1 month...and those houses were .
it's even worse, most of you are 14 year olds that have never purchased stuck or crypto and are just thisplaying digitally as a "big strong person that people like because of money"
i agree but i'd say more like drunk gamblers at a dog track. here comes swifffftyy!!
until i can use crypto in my day to day life. it is just bets
as a drunk gambler, this post offends me
you obviously do not understand crypto cycles.
here it comes again, seems like we see posts like these every single day.
the rise of the shitcoin is what i call it. but for real we got two elon musk related dog themed meme coins in the top 10. times are strange. i hope it either clears out soon and we get back to the tech or maybe some other quirky billionaire backs monkey themed coins and they become super popular, either way.
speaking of which, im super bullish on derc and you should be too
these horse races you are talking about, got any tips on how to get into that? no seriously, i think this is more a reddit problem. it is typical for this market cycle to have a lot of new joiners who want to get rich quick. lots of older news platforms and youtubers are not like that - they have more focused thiscussions on eth2, l2-networks, technologies, legal situations, etc. on the other hand this year has shown that you can earn a lot of money by gambling on the latest memecoin while i am not sure the fundamentalists can really explain why btc doubled exactly in this year.
100% nail on the head
come on one horse! 🐎
dude your account is a year old and you just got into crypto during the pandemic. you have no idea what you’re talking about. this sub has been this way for much longer than a year.
obviously everyone wants as much gain as possible in as short a time as possible and most ppl on the sub nowadays are real new to crypto and just think it’s a bunch of numbers, they don’t know it actually has usability and stuff
is this not wendy’s?
a bunch of drunk gamblers, that earn money watching other gamblers throw money*
we should have a \[serious\] tag like r. that being said, most of what is said here is in jest. people calling themselves "degens" "apes" etc, are only sarcastically saying so.
the gme squeeze (or not squeeze whatever) got an entire generation interested in the market. myself included. but because that is how they started thats what they expect. quick millions. a long term hold is not >buy tilray now at 10-11 bucks >hold it until weed legalization when it is going to spike like crazy but it is going to likely be a multiple year hold a long term hold is like a month. using 2 or 3 of your day trades is the norm for the stock market or all inning on a shit coin and meming hard on it to drive price action and selling same day is the norm. the "boomer" way of investing is considered foolish and only a broke idiot would bother buying index funds or spreading their investments out on established coins and using 5-10% for high risk investments. trust me i feel you.
well the sub is about crypto currency, not blockchain or whatever.
lol it’s because the coin market is only gambling, it is beyond useless otherwise.
that's true... also why i love this sub.
sir we're not here for investing, we're here because we have crippling gambling addictions.
at the end of the day, there just is not really all that much to say right now. cryptocurrencies have largely become speculative assets driven by monies interests.
isn't that investing in general?
it’s all the middle. i’ve just learned to filter out their nonsense
i am very much so a drunk gambler. but it just keeps working.
lol, good one, i'm debating using it
posts like this should be removed right? this is a meta post
that's my type of crypto investing.
sugar coat it all you want, investing is most certainly gambling.
when it is bear season it will go back to the tech, hopefully.
in other news, water is wet and the sky is blue.
did you pick up any safe tesla inu yet!?!
difference between a bull run and a bear run.
just because you start off a rant with “this isn’t a rant”, doesn’t make it any less of a rant…
lol there are no fucking fundamentals. there is no value in these currencies as long as everyone treats it like an appreciating equity. there is no use case. you can only hope to grab hype and pass the bags on to the next wave of suckers.
it’s like the grand national but we all win, except a few that fall
that just means crypto is becoming mainstream
judge a man not by how many dog coins he owns but rather by how many dog coins he does not have.
it’s the mania before the inevitable crash!
market is not rational. good teach will eventually outlive the hype.
look at it like this. when it is necessary, we hunker down and do the research required for survival. but when the market is going nuts, we react accordingly. nobody is concerned about sensibility when there is money to be made in the mayhem.
why are you going on about king? the next thing you know, it is gonna start blowing up!
can't we be in it for both? i only started crypto this year. to me it was to make money. it still is a main reason for me now, but now that i understand more what crypto is i am buying into projects that sound promising. my holdings went from shitcoins like doge and shiba, to cro, eth, and matic. i hope the world adopts crypto as it is the new era for tech and finance.
i know nothing about horse races but i like to drink
welcome to the next stage: adoption. in the end, everyone will just look for the next 10-100x bagger like they do over at wsb
hey, i am just trying to study here and make a living of moonfarming, so get off my back !
the coin with my favorite white paper has not moved at all compared to pump and dump coins
ugh, please. i'm not drunk, i'm on ketamine.
confirm am, can drunk.
best time to be here is balls deep in bear market where even the diamond hands are at capitulation. at least then all we have to do is talk about the technology cuz theres surely nothing else to talk about. and moon boys get crucified when sentiment is salt
i feel like it will go sorta back to normal once enough people get burned by shitcoins
yeah because we all made bank and are having a merry time because of it. you can go in the other room with the sober, traditional investor folk if you prefer.
welcome to bull market
agreed. even after a "squid burn", people go racing back in to invest ("this time's the charm). look at how doge popped during the elon musk moment leading up to his appearance of snl. it would be great to be able to find serious thiscussions of some of the more interesting coins and projects (xmr, beam). wonder if a "purely crappy response" sub is needed-lol!
op be like ![gif](giphyonklbehxbnoqy)
i take pride in my drunk gambling, years of practice has made me quite good at it!
if there is not a gif of the scene where the guy from squid game screaming at the horse races in these comments, i'm gonna be thisappointed.
that's not fair... i'm not drunk
this has been the essence of the sub since 2016 wydm
sploogecoin to the moon baby!
well you are exactly correct, you think this is investing, half the people here read one comment and will throw thousands in one coin
oh cool you finally figured out what crypto is for.
money and greed drive many things that humans do sadly and lots of people see crypto as a tool to make money instead of giving any fucks about learning what any of the tech does or how it could benefit the world. then there is social media that just makes that worse as they can find lil echo chambers of people chanting the same shit over and over giving them confirmation bias in their gamble. and then it spirals outwards from there to people shilling the lastest pump and dump to try and sucker others into whatever shitcoin they bought so they can make money and run...
lol, we're in the age of non sensical price movements anyway not correlating to value. i usually let my gerbil decide what to do.😂
money makes the world go round, pretty sure that is all people care about.
once elon moved people into doge so he could dump bags on their silly heads, this all went to wild wild west. it will end up poorly very many. this feels like 2017- way too much euphoria with no substance behind it. i positioned myself around good projects and btc after i fell for it last time. the institutional involvement might hold up btc this time, but man imagine where the good projects would be if these people stopped jumping in p&d cat and dog memes, and put it in btc, eth, chainlink etc...
my first questions about any project are how does it work, what are the tokenomics, is there a max supply, who is involved, what problems does this project solve and if it does solve them does it do it better than other similar projects, is it planning for interoperability. it's hard to comment or post on this sub to be honest.
kin would like a word.
things will change when these fools get their tax bills and have to pay out on their realized gains
i've seen a surge of weird libertarians in this sub that think crypto is their magnum opus.
2017, this is nothing new - this entire year has been like this - its only during the bearmarkets where the only active people are those who are interested in tech and fundamentals
i rather have a constant 2x coin that slowly builds value that way i can keep that position open for as long as i want and not have to worry about a rug pull after a 10x pump.
and thats what im here for!! i dont use reddit for serious advice most of the time this is where i decide what to bet on with my "fun money" tho!
in any case, please stay calm and do not invest all your money. don't forget that squid only took 5 minutes to turn 3,000 usd into zero. maybe when you pour a cup of coffee, you lose everything.
i’m in for the money, the tech comes later in the bear market. for now, let’s make money
so which should i do? dashhound grabber monster or squidman sizzlee bizzler?
true it is a pub
that's why i joined this sub in the first place.
crypto basically is a big casino and everyone wants to hit the jackpot.
start a new sub. i'll join
tell me the difference vs. stock investing?
it’s just peak bull run shit. i don’t blame people for wanting to talk about their 10x gains. it’ll die down when the market settles. for now i’d recommend looking into some of the meme gambles if you aren’t allergic to money.
because that is what people do. they do not care about great innovative projects. they want hype and pump and dump :d i also bought some stupid coins, but most of my money is in coins i believe in.
took you long enough to figure it out. welcome to the party.
i actually view the whole crypto thing as virtual horse racing. and that is why i go all in on doge because even though it is not a horse, a doge can still run and has that as an advantage over the other coins which can roll but will eventually succumb to friction and stop rolling.
we do not throw money on horse races, we throw money on dog races
there's a coin called dogelon mars now the fuck you think this is?
80% of crypto investors are new young investors they don’t know how to invest . they are learning the hard way over the next 4 years. i enjoy taking their money .
welcome to 2021, where all the people who barely got into crypto this year think they are geniuses because they are making money on random ass coins in the middle of a bull market.
my biggest bag is ethereum that has doubled in three months. i also love how ridiculous this place can get. 🚀
market is changing so the sub is changing too.
i'll put my bitcoin on hoof hearted!
i miss the good ol days where sending someone 10,000 doge was more of an insult than a gift
because x money comes from whoever buys late, it was always about shitting on the person under you. it always was gambling and nobody was fooled by the techno babbling about wishful utility of 'projects'. (it's been years, practical, actual application of blockchain when?) the community directly reflects what a crappy environment it is, everything else was and is a lie.
they're the same picture.
finally you understand this sub. nobody here cares about crypto "freeing us from central banks" or "empowering the masses". nobody cares about the technology of a chain except for what it means for the coin's fiat price. it's all total horse shit. even the folks who claim they will hodl for life really want to just be fiat rich at the end of the day.
when was this ever the case with this sub? i've been reading since early 2017 (never really commenting much) and it is always been like this. from 2018 to earlier this year i worked in blockchain and it is always funny to read what the people who claim they know about the technology say and what the industry is actually doing. back in the day it was all about vechain and it is really world adoption, yet probably 85% of multinationals develop on ethereum their own solutions, and those who do not use some form of hyperledger. i'm not saying i'm any better - i'm not a developer so also wouldn't know if i did not work here but let us not suggest that we are actually in the know
you mean i should avoid weed coin?
erybody want them moons
two random repair men in my area that did work recently for us said the bought into that "s-s-shee? something coin" and have doubled their money... i was like..."uh oh."
yes and that is what makes it so great now give me
how much do you want people to talk about the same projects over, and over again with no news or developments?
is used to be about the tech…
so? if there is something valuable, then someone is going to bet his money on it. it's been the history of the world. when crypto was just starting, drug dealers started using it for drugs. it showed how resilient the technology was.
it's been like this many years now
drunk people have more fun
it's only an illusion that there is a difference between the two.
that's what crypto is, has been, will always be. people keep hanging on to the dream that it would not be used to cheaply turn energy into cash but that dream is long dead and gone.
i get that feeling from the daily thread but not do much the sub as a whole
personally i dca the big 3 that i like and have had staying power, and throw a "lottery ticket" chance at getting a win. i would spend that amount on frivolity anyhow, may as well take a chance for shits and giggles factor. you cannot win if you do not buy a ticket! lol not financial advice, as i am dumb as hell!
did you really expect sound investing advice from this sub?
you just described it well but people prefer 4x or 8x rather than 23,8% growth
take advantage of the low price of elon and get in while you can at these low prices
are there any good other subs?
i consider my contributions less gambling and more actively trying to send others to the moon… okay, maybe it’s gambling.
that's how i ended up with multiple ethereums, i got pisseddrunk and started buying cuz my friend was into crypto and he convinced me
has anyone here ever paid for something in crypto? lol
super bullish on redrum in the 2:19 at aintree
in 45 years they will be like "oh yeah, that is just the reddit curve" "what do you mean?" "everything trends towards r"
the bearmarket will wipe a ton of people out. see you in 6 months
forget about retail, follow the institutional money and set yourself apart.
it's the most obvious bubble i've ever seen. people have no idea why the investments they make will have any value in the next year or the next ten years or whatever. all they know is that it is going up and they want to be rich. at least during the dot com boom the companies were offering some kind of service. now all they are offering is the chance that the price will go up.
be fearful when others are greedy.
that’s because cryptocurrency and bitcoin isn’t real! this is all fake! gtfo the front page.
that’s because that’s what it is
that's what it is, this whole sub is full of naive people who think they will get rich by getting early into shitcoins instead of buying into real tech like monero.
correct, because that is what alt coins are. if you want real thiscussion of tech, and how "crypto" will change things, head to r all the other crypto is short term gambling.
yes. its a space for already wealthy people to lose some money or make some money while pretending they understand any of it.
hey, thats not true! ... atleast in horse racing you get to see horses instead of charts
okay then, you call bitcoin the ‘king’ but if btc is so good then why isn’t there a btc 2? 🤔
this subs a joke now, there’s very few good posts here now a days. moon farming made it exponentially worse.
instead of horses, it’s gambling on human nerds - which is why i love algo. great nerds over there!
its because were in the bull market. come back in 8 months and only those that want actual thiscussion will be left. its just the cycle of crypto
tbh i hate this sub during a bull run. the people who stick around when shit is boring make some good content but when the hype goes up this sub is flooded garbage.
i’m absolutely the later of the two.
🎰 that is crypto all day all night
that’s how it’s always beeb
you do not come here for advice. you come here to see if your early investment is being talked about so that you know there is exit liquidity.
you guys aren’t drunk?
come on cro! daddy needs a new lambo!!!! !!!!
eh i do not wanna see someone throwing up
you forgot followers of false gods charles lord and saviour his guiding hands we trust
who cares? make what you can and let the dummies eat shit. if they do not want to be informed then that is their choice. this machine marches on regardless, and thanks them for their contribution.
with stories like shib, how can anyone blame brain dead parroting.
lol it will get worse.
that's why bear markets are good. there's more focus on fundamentals and all the fomo idiots leave.
sir, this is a casino
you must be new here.
ya hit the trifecta once and you’re doomed to chase that high for the rest of your life!
i honestly thought that was the purpose of this sub. like, who looks for serious financial advise on reddit?
i think you mean bull races
don’t look at me…
it's all the wsb apes getting into crypto.
it’s called extreme greed.
us tech people get drowned out by the wsb crowd which tends to make us not post at all.
it's what happens when average people can go to a virtual casino while sitting on the shitter and bet on whatever fotm stock is being heralded online. they have no knowledge of projects, crypto, investing, or financial literacy. they just see morons posing in front of rented lamborghinis and private jets say "drop all your money on y!!!! big returns!!!" and boom. they lose their money because they did not do their due diligence. they're not investors. they're gamblers. putting "investing". then they all flock to a subreddit such as this one and start spreading their dunning-krueger's to the masses while actual investors sit on their assblaster3000 and laugh.
what’s confusing about it? it was the same last cycle too. and the projects go through the same progression too, during a bear market it’s much more about the development of tech, in bull markets it’s all hype and promises of green candles even if there is literally no project plan behind the token
greed makes people dumb.
lol this sub hasnt been a group of investors debating tech for years. this bullcycle with the dog tokens + meme stocks and moons has all the normies here. this sub is for entertainment and news articles you missed on thiscord or twitter
time to design defi algorithmic horse races
this really just seems to be the atmosphere of investors at the moment. from stocks to crypto to, from what i've seen, even real estate -- folks are just blindly throwing money and hoping this is that lotto ticket they so desperately want. the fundamentals have been tossed out with the kitchen sink for the majority of people. now it is just a matter of luck to them (and echo chambers).
we need a new word for crypto investors we arent gamblers sort of but we also arent investors
agree! remember the good old days when we were seeing more tech related posts. we'll be back there when a bear market will start again.
except there is no time at the bar
i’m just so horny. for money.
it’s a cult. like qanon.
everyone thinks they are an investing guru in a bull run. just because you read the white paper and your coin goes x5 doesn’t make you a better “investor” than the person who bought a shit coin that went x20.
feels like its mostly kids playing around with birthday money they saved up by the way some people are writing
hey! i resent that! i'm a *sober* redditor throwing money at horse races! 😂 r👍
put it all on red 😃
tech and fundamentals matter in the long run, those coins are safer and here to stay. people chase the hype and small coins expecting bigger profit. usually forgetting it will likely grant them bigger losses as well.
finally, someone understands me.
we gamble and we drink to get drunk, sounds legit!
if you're looking for a group of investors, reddit or really any social media is the absolute last place to look.
what you're not entertained by "lrc !!!" shills that results in loss porn?
i can’t drink. i get heart burn. i’m too old for this shit. i need to call my kids and see if they can help me figure out my email.
cardano boom ahead 🚀
holy shit. i thought the whole yolo tagline was pretty indicative of this and that was months ago. there was just a large scam with a coin named squid game. sports athletes have been making their own fucking coins for years now. the whole thing reeks of dead fish right now, it practically slaps you in the face, pun intended.
welcome to mania. always followed by a giant sucking sound.
part of it is that people talking about tech don’t get moons. saying what people want to hear gets moons
this will all be over soon, so try to enjoy it while it lasts
let's not go pretending people are not here for those sweet gainz
lmao it says a lot that this is the first time i've seen the term "white paper" in weeks. that being said, i agree that it is all about the money (while we're in a bull market)
shit they are onto us
lol what were you expecting? 😂😂😂
literally spoke to a colleague about a stock and how i’m made 30% in a day! he scoffed and he was like if it’s not minimum 10x in crypto he doesn’t care. kicker is, he has yet to get a 10 bagger. it’s this that everything will go up and up a lot. i love stocks and crypto…but, being realistic is out the windows these days
i fall into the camp of not giving a flying crap one way or another about crypto, so long as i make some money. sorry, i cannot afford to care. i've had my money on ether for the last 3 years and i cannot complain. so by all accounts, i'm not gambling on a shitcoin. but whatever i guess. i keep hearing about what will happen when crypto gains mass adoption, but that day still seems a long way off (if ever), almost just as much as it did 3 years ago when i first got into this game. i'm fine with it just as an asset class though, so asi said, i could care less one way or another. my only concern is to either get you to buy more coins, or if not, sell me your coins at a thiscount. either way, it is all gravy to me.
i prefer cannabis and playing the lottery.
you’re on reddit. mainstream adoption has rarely ever been about expanding the art or space or science. did you think with everyone coming onto the internet, everyone would become a coder or developer? no, it’s just video games, porn, and pictures. all this tech going into phones and it’s just for higher resolution selfies and pictures of butts. when people hear bitcoin, they don’t think revolutions and decentralization. they heard money go up fast. also again, you’re on reddit. i bet there is a sub full of mature thiscussions about blockchain development. but you chose to wonder about the popular go to sub. this applies to anything. don’t go where millions of people are for insight on whatever interest you have. it’s just gonna be loud, vapid, and obnoxious. everything you want to hear about will get derailed or downvoted.
agreed. everyone going for moon shoot
is this post an advertisement for derc? i'm in!
all on red!! i mean shib??
what's your opinion on stellar xlm?
this really helped articulate my thoughts. thanks
everyone’s in crypto for different reasons, and that’s okay. i’m tired of hearing people complain that there are people only in it for money and not fundamentals. especially at this euphoric phase of a bull run, you’re gonna get people excited about money.
besides btc and maybe eth that’s basically what these coins are! it’s a pyramid scheme. eventually these coins will go up and be worth money when cc will be taken everywhere etc. due to the infancy of cc investors are taking advantage of this
interest article that just popped up: [ there's a little bit in there that says everyone should read twitter and reddit while trading this stuff, the momentum you see there is sometimes more important than true analysis. everyone keep that in mind! it could be the greatest "tech" in the world, but if no one is talking about it, it am not going up.
time for a great reset. crypto winter will determine which crypto can survive the next bull run. as of now only btc, etc show confirmation
i want a forum where you get increased access based on the age of your wallet; my feed is flooded with posts about how high ethereum gas fees are. yeah no shit
this sub is frankly, useless, like most open crypto communities with no barrier to entry.
fundamentals are bullshit. tsla has 3x the market cap of hmc, despite tesla being >1% of the global auto market while honda has 9%. gme, a failing video game retailer, is the highest performing tech stock of the year. doge and shib have a higher market cap than usdt, despite being shitcoins with no upside. fundamentals are only relevant if everyone agrees the fundamentals matter, and the markets have decided that fundamentals do not matter.
doge and shib are dipping buy buy buy
this sub hasn’t talked about crypto utility and future units eons
hey do not speak for everyone i'd be very happy with 3-5x in 6 months. i'd be happy with 2x!
what an astute observation! shit like this is so annoying to me, man. it's like pointing out tesla's bloated p. we all understand this. r,000,000 members. do you really think that none of them spill over into this community? reddit basically is that style of investing. you'll catch groups of people who are more calculated but those groups are always the smaller ones. while we're at it though this is how society as a whole is structured. society as a whole prefers to do stupid shit. deep down you know you should exercise regularly and eat well, and yet, do you have a six pack? of beer maybe but let us be real, most people are not in great physical shape. why? because it is easier to eat fast food and play cod after work. people do not hodl, cost average, practice risk management, or conduct due diligence because it is fucking hard. and if you act like you've never made a foolish investment purely off emotions & hopium you're a god damn liar. people grow over time and many people became introduced to investing within the last two years. we're all in this together. quit shitting on your peers and help when you can. the one's who do not want to learn the way will fade out inevitably because that is how darwinism works. just fucking do your thing man.
price action tells everything you need to know about each project. news. their motivation is different than what is necessary to know. by the time news organizations thisseminate information the move (up) happened.
it’s all the wsb cronies who moved in.
im just randomly slamming on my keyboard when buying coins nowadays
if you're not betting the ponies drunk, you are not living.
it's reddit. thats exactly what it is, some just hold their liquor better than others.
law of averages. once something gets popular, normies show up in droves.
because people here are not investors. you hold some virtual coins. it's like saying you are blizzard investor because you hold in-game gold in diablo. lol
fundamentals? wtf is that?
i'm the drunk who is throwing darts at a dart board with shib, cro, and lrc...oh and shib
the whole wsb is a cult centered around dfv for some reason. they all think jesus is coming and that they will be saved. it's weird. i think it is a bunch of idiots being lead by the nose by pump and dump schemers. cryptocurrency is showing it cannot really be trusted due to all the pump and dump.
his mother was a mutter, he was born in the slop. loves the slop!
it's becoming wsb, which is not necessarily all bad
i've been in for 4 years now. i was super into it for the first 3-6 months, and kept up with some thiscord groups and this sub, but now i just go about my life, do not have a portfolio tracker, rarely look at this sub, and just check cmc for 60 seconds for major moves once every day or two. frankly, the problem is that this is most people's first foray into any sort of investing, and they are being obsessive about it. "set it and forget it" is really the only sensible way to invest. it's not going to remove your need to work overnight, or even soon. you just keep having a normal life and slowly build your assets with dca, and then every once in a while (like 2-3 years) it goes 10-50x or so, probably closer to the 10x side now because it is more matured. basically the same as paying a mortgage but more volatile. the more you obsess over it and get deep into the market, the less likely you are to succeed, for most people. same principle usually applies to stocks as well. time in market is what makes you gains, not learning everything you can and convincing yourself that you're some outlier who can get better than market level returns. maybe you can, but it should not be your primary strategy. the main approach should be buying large caps, storing them safely, and waiting out a few winters. then having enough cash on the sidelines to make some big additions after crashes. same as just buying index funds like clockwork, and waiting for a couple of decades with stocks. you can speculate with a small percentage of funds, but do not bank on it. if you make crypto *investing* your job, it is probably not going to go well. only way to full-time this thing really is being a programmer, unless you get really lucky. also, as soon as you can, try to cash out most of principal so that you have even less real skin in the game and thus can let your profits run for a long time without caring about it. no one should be betting the house on this stuff, or whatever your level of equivalency is. i cashed out principal a while back and thus can just sit back now and let it run for another 3-10 years without caring whether it implodes.
it's been like this since 2016 lol
when fools become rich overnight by gambling on fake animal currencies what do you expect?
old man yells at cloud
january changed everything. investing subs were a hidden gem where you could learn something. and then they just weren't. it's whatever.
i'm not as think as you drunk i am.
welcome to the show.
that’s because at it’s root all crypto is a pyramid scheme, you just hope that the next person pays more than you do. most people don’t care about the tech that goes into it. the hype is how people recruit others to buy into it this making them more money, it’s literally a cookie cutter ponzi scheme with a good story. people here forget that money doesn’t come from nowhere and for you to gain others have to lose. to clarify this comment isn’t to hate on crypto, i’m aware that the stock market and the “economy” are just as much games for the people at the top of the pyramid to manipulate and make the gains off of.
god forbid we have some fun
"the people in this sub are not using crypto the way i like to use crypto, and i feel superior about it" there, i saved you all a couple of minutes.
instructions unclear: got piss drunk and bet the house on a horse named speedymoon
you've got your pump chasers, and you got your researchers who buy, hold and dca...
fundamentals are a complete waste of time at the end of a bull run.
this sub feels like a lot of whining. every day it is a new post of someone complaining about this sub. it's astonishing these get so many upvotes.
speaking of horse races, have you looked into derace? looks like the quite the interesting project.
this 4 wave brought the rubbishy that was lurking in the back...soon we'll see mora focused thiscussion happening again...the easy money folks are here!
horse betting is a perfect analogy actually. i was using the analogy of participating in instagram giveaways to decorate your house, to explain what trying to be rich by crypto is. with either analogy, the outcome is the same, just a bunch of pathetic people looking for easy money.
soooo wsb except 24
crypto is a scam, yeah.
i'm not involved with crypto because i'm passionate about technology, i'm in it for money. same as my job. i've made more off of 3 silly coins than all the real ones i've put money into. a lot more. 100× is one hundred times better than doubling money. period.
i literally used nothing but the coinbase top20 list and a 20 sided dice for the last year and made 10k that way. one of the most successful brokers on wallstreet was a monkey.
most people here are in it for the easy money and waste their time posting opinions. engineers who are building solutions on the blockchain do not have time for that shit.
hi there im drunk 👀
the moderator team seems more biased in favor of ethereum projects. so as long as you're dumping into the pricey ethereum ecosystem, drunk gambling is encouraged
you actually have better luck making money on a horse race than taking advice from... reddit users.
couldn't find horseraces on binance, is it kucoin, or defi?
dude the real answer is that average age of reddit had *plummeted* and there has been an exodus of intelligent, and, particularly, adult users. reddit, period, has dropped about 30 iq points in the last ~2-3 years.
this is the right take. we should be talking about how a virtual coin is now at 5x ytd and being bought up by banks and institutions. shit is about to, anyone purely interested in the investment never understood the fundamentals and why some crypto is snake oil.
just one man’s opinion, but i think the overbearing moderation of the sub turned away a lot of quality posters. most people here seem to be new. a lot of old names i used to see regularly posting good content are gone because they’d have that content removed and not be given a reason why. i myself barely post anymore. you’re right, it’s a different sub than it was in the past. but this is the natural revolution of reddit subs. new people take them over and they get transformed into something the old people don’t like anymore. this is reddit. high quality investors don’t care to have their opinion doubted by a 16 year old calling them a moron.
ser this is a casino
most people think they deserve profits. and demand them.
bear markets are usually better to talk about tech, lol
it's because all of the "problems" crypto are trying to solve are made up... except one. bitcoin only. it the only one with a true purpose. anything else is just gambling.
i’m not drunk atm
sorry but atm i am just thinking... made 10k from 1k invested in shiba. rest of the money is put into more trustworthy and safe tokens. wouldn't it be nice to try and invest the majority of the gained 10k into another low cap coin (since shiba is ~ it would not do super heavy runs in the near future) and hope for another 10x gain. if it turns out to go well, invest the majority of the 100k again into a low cap and hope for the best... in the worst case the initial 1k are lost - in the best case, you know... prove me wrong
exactly and what so many people do not get that it is zero bits of information to say how many millions the moon is.
any recommendations on a 100x slot machine?
it's the doge and shib influence that has dumbed down the content considerably, i my opinion shit coins do not need as much airtime as they are currently getting.
wait, is not this sub for draft king anonymous?
bro i feel that
except it is *blatantly* obvious that the vast majority of posters aren’t old enough to legally drink or gamble, and the money they are “throwing around” is either non-existent or straight from their parents pocket.
that's why i'm here
crypto is a cesspool of scam artists. there’s so much fraud going on with fake crypto coins being made every week.there’s to much crime involved with crypto for the government not to notice and once the government comes to clean up shop and regulate the market it’s gonna be a very bad day for crypto. plus people advertising crypto on every platform possible and in comments threads and amazon reviews makes crypto look extremely desperate and untrustworthy .
i mean… yes? all money is nonsense but crypto is even more no sensible
you think the world is still normal?
one thing i have seen a lot recently is someone will say "yeah, technology is cool but i'm only here for the money". it's like walking into a restaurant and saying to the waiter "no menu please, i'm only here to eat." for some reason this rubs me the wrong way. it's like they think the gains will just fall right into their lap as long as they buy some random crypto and let nerd-magic do its thing. it comes off as ignorant and entitled, and does not contribute anything to the conversation.
isn't this a good sign? it means alt season is about to arrive...
now you sound like a government. i’m sorry for saying that, but everything you just wrote reminds me of my father telling how i need to grow up. lol 😂 can we do both, focus on fundamentals and technology and still have some fun 🤩
how many of those promising projects with sexy white papers from 2016?
wow. ok. i'm not even that drunk!
i agree. we need an r.
hey i like horse race gambling!
wish i was drunk.
have you been to wsb? this place is tame
schon gut spreizbacken 😝😂
i do not this should be surprising. you're investing in something with no intrinsic value. the only way to make money on it is speculation.
wait... is that not what we're doing here?
what do you think most of those coin are? just a scam made by a couple people that hype the internet and then rake in the money.
hint: until crypto is widely adopted, its best use is investing. anyone who tells you they are here purely for the technology is either dumb or lying.
we are in a bull market and you want people to focus on 2 - 3x nah, it is just normal
the same happened during the last bull run in 2017-18. this is not new. also the king is dead.
this sub feels much more like a group of people trying to earn moons then investors, crypto will be a long haul investment, shitcoins might make a quick few bucks, but should be only taken as lottery tickets. crypto’s , not tokens will have real gains over time,
why, you got a hot tip? lol
all that "acid" or "alien races"
> people used to form their own opinions from reading up on projects and that matters? if only people read something they can make money? total bullshit.
that's what happens when the mass population surges in.
after what happened with gme back in january people got a glimpse of a life without being a wage slave forever. this has caused a lot of fomo action in different things where people think they will see the greatest exponential gains. idiosyncratic risks are hot right now lol (see doge) i thought these were trash plays too, except after watching dogecoin, it seems stupid investments can make you stupid rich, so here we are.
that's probably because the only real use case for crypto turned out to be gambling.
sounds about right. so how about that new seabiscoin?
you gotta admire though that basically anyone here pretty much understood what 'doing a squid' means in a few days :)
trading is somewhere in between those two extremes
always has been…...”gun shot”
this is what happened the minute everyone saw money in it. when things were just fractions of a cent with some solid work done with more to go instead of hype men, nobody cared.
i just love how you guys cannot see an obvious shell game. new crypto come out everyone spends money then it goes away and you people think this is not a scam? lmaooooooooooooooooooo
care about tech, said no one fucking ever. if investors gave a fuck about tech, btc would be 0.
"there was a time"... when was that? it has to have been before the 2017 run, the bear markets in between weren't better, just less active.
you know that crypto has always been like a vegas casino right? with no historical comparisons, it’s always gambling
when post and comments becomes intolerably stupid and focused on 100000x profits — it is a sign of the end for the current bull run.
you are right and all but this is called market cycle at the end of the day.
dude me too. i used to think crypto was the future for practical and antibank reasons but now i think its the future because people are just throwing themselves at it trying to get rich. its really weird.
that's cause i am a drunk gambler
because that’s what it is
that's just how things get toward the end of the bull. don't worry, everything will go back to normal in the bear.
cryptocurrency subs become borderline unusable during bull markets. it's going to get worse as the market gets more manic. when price corrects and tje media calls bitcoin dead, come back here and you'll find it is actually valuable.
i blame the robinhood apes and the gme saga.
thats exactly what this sub is lmao. it got too inflated with people who dont know what their talking about. its like talking stocks since the whole wsb thing.
and i live it that way sometimes. there's a place for in depth thiscussion of specific blockchains and their proficiencies and deficits, too. we can have both.
it’s called a ponzi scheme for a reason. buy a coin hype it up hope a sucker is there to offload it, rinse repeat.
what do you expect? people have turned thousands into millions this year. i hold 70% eth and the rest is gambling money. why wouldn't you try and grow the other 30%?
its because cryptos are glambling not a revolution its a blade of two edges one is a scam the other benefits.
the new influx of investors believe it’s a get money quick scheme
crypto is a hustle.
i think you pretty much nailed it
instructions unclear... i'm putting my life savings into derace
there are very few fundamental when it comes to coins.
he’s got the spirit now
that's not fair. there are also the libertarians who are upset that rich people are making lots of money on something that is unregulated.
it’s because when things get popular the crowd becomes less specialised. and most people aren’t crypto “experts” so now that it’s more popular you’re getting more input from group b
well they made it pro bitcoin or ban
i, for one, admit that i am indeed drunk and probably gambling 🎰
if crypto was following fundamentals bitcoin would not be 1st market cap anymore. social pump, paid marketing, hype: this is crypto.
it's not about freedom anymore. just saw a post with 12k karma saying taxes are good. if 40% tax on your hard earned gains are ok then i just do not know what to ssy
well, that is what happened.
crypto is very young. at this point, it’s people buying lottery tickets, not investing in technology. the market will mature over time and we’ll see winners emerge, but right now it’s a guessing game.
when you say thiscussing the king, what king are you talking about?
the title of this post sums up what i think about crypto in general.
who cares about the tech. there's always better tech coming out everyday... it's all about the basic coins!
i shall only read the title. i shall only say. it seems
derace. if you want to make 100x on the horses. it’s literally crypto horse racing 🐎
wait, it isn't a group of drunk gamblers throwing money on horse races?!
doge. i blame doge. it's not an investment coin. (it depricates) it's not a transactionary coin.(costs 3 dodge to spend, no matter) it's not a dapps coin.(there is more complex tokens) you cant build nfts on it, you cant do mfa with it, it depends entirely on litecoin to give it stability. backed by a man who believes "inflation is a hidden form of taxation" yet doge has inflation built in! yet there it is still in the feckin stable six. number 8 in top 100.
lucky number 7! cmon asscoin!
your new here hih
> why do people want to make a ton of money fast????? 🙄
just come back during the bear run, people will be back to posting about blockchain technology all over again :)
because if people actually cared about the tech the market wouldn’t exist as it does. most crypto project don’t need anything relating to a token or coin to run what they need, and 99% of these projects only exist as a short term ponzi by the creators. blockchain tech will take over but the crypto market and blockchain are independent developments and obviously one is going to make more of an actual difference than the other.
it's always been like this if you've been here since 2016-2017. it's just way more apparent during an alt cycle as people chase for extreme 1000x gains.
yes...i would like to be rich
just dropped 2k on dogelon, to the moon 🌙 edit: to mars
judging by your profile you’ve been in crypto around a year, and part of this community a similar time. i’m not sure what your posts is meant to be about... this community has never been about the king and fundamentals, it was always memes and the same coins shilled constantly. that’s why memes got banned and other governance proposals were introduced. there are still serious thiscussions going on however everyone spams the same comments so it’s hard to filter through them. doge was top of the page all thru q1 q2 for shib and then a bad dip. there are always shitcoins being shilled here so i do t think this post is genuine at all, or it’s extremely naive.
you know how the boomer saying goes, everyone's a genius in a bull run.
because there’s little utility to cryptos, most of the purpose is gambling. that’ll change as they start getting used more and more.
hell ya i am bröther
no shit. these are the idiots that will sink the entire market a la 2017
wait for the bull run to end
are you saying this is not a casino? *confused look*
i like the red and white one
1k at the shiba dog thing!
you telling me to invest in derace?
people think that everyone can be rich. just like everything, some will profit a lot others won’t
except betting on almost any horse makes you money lol
it's a bull market. almost everything goes up in a bull market. it's less about fundamentals and more about what's hot, or trending. it's about riding the waves of hype and trying to outperform the market as a whole. when the bear market comes, then it will be all about which project has the fundamentals to survive
it’s the whole market, not just this sub. everything is dumb right now. sign of peak irrationality and soon a crash (my opinion).
totally agree. the meme coin frenzy pays good because people can pump it just by mentioning it on social media. this will hurt the coins with a real purpose. this is no good for the company’s working so hard on trying to decentralize and expand. however, the smart people will hold and soon people will catch on to the important stuff; i hope.
this is just how 2017 was. literally. except switch nft's with ico's. next bear market comes and the get rich quick guys move on to the next pump whether it be meme stocks, pokemon cards or w. sub dies down. then people go "where did all the people go" and thats when you start buying again.
yup hype season is crazy. come back after hype is gone and this sub is not nearly as brainless
wooooo! let's go butternuts!
is this not more a symptom of our culture generally (instant gratification) manifested in the crypto space?
i miss the old days (2017 lol) when there was a semblance of quality thiscussion of projects, use cases, white papers, calling out scams, etc. now whether you like it or not moons have to do with the quality of thiscussion and the overall market mania of shitcoins bringing out the stupid in everyone.
we’re all on drugs
come on old lucky! papa is gona be eating tonight!!
the bigger the market is, the more ppl dont care of tech things, just like stock ppl will buy on hype, dont waste your time telling them “invest what you believe in the project”
1k on red please
just wait for a small correction and things will be normal again. correction will wash away all the gamblers.
maybe it’s time for a new era of reddit cryptocurrency
welcome to level 3. you can upgrade your gaming card at the ape lounge...
it’s fake money that can make you real money, what do you expect?
did you really expect sound financial advice from strangers on reddit? what in the hell are you expecting?
cause we are in a strong bull run. those same people will be paper-handed bitches running back to r.
it is the season of the bull and people mostly want to move in herds. critical thinking and thiscourse kind of go out the window when we form mobs so it makes sense to me.
this is what crypto is. a big unregulated casino.
just my 2 cents but the only two people i know on this group drink quite a bit lol
uh, yeah? i thought we all understood we’re just putting a classy patina on our gambling addictions.
that’s the beauty of it!
i hate you guys being on popular all the time, you sound like a bunch of addicts
hype is literally the only driver of crypto price. that is it. everyone's finally figured out the game and is trying their best to stay ahead of it.
welcome to the party bitch
we’re supposed to be sober?
who yous like santa anita in the 5th?
>people used to form their own opinions from reading up on projects, not braindead parroting what they glanced over scrolling through an article or read in a one-liner here. i think people used to care more about faking this. i've noticed that all across the web parroting other people's opinions has gone from being relatively frowned upon to widely accepted.
i'm really sure watching people retire off of shitcoins has nothing to do with this metamorphosis.
it’s because it’s not…and we are.
potato potato if you ask me.
this ain’t wsb lol
yeah it is bad when the market is up like it is right now. people get feverishly greedy and do not think straight. i've started taking profits lately because it was like this when the market crashed in may.
uhhhh isn’t that what crypto is about???
this shit is turning into wallstreetbets 2.0
i agree with you op. it's more exaggerated because of social media. people are posting their gains but there are thousands of people who lose money on the hype. covid made online trading "fun" and created addicts. trade smart everyone. good luck.
someone call the waaambulance jesus. those dummies are the ones we need to make the market move.
that’s literally what ya’ll are. throwing money at a dead horse expecting it to do something and giving shitty advice to poor sods that want to make a quick and easy buck. shittiest sub in existence.
give it a year.
i’m waiting for shib to pump so i can make my 10x! pay off my loans and go back to boring stock market investing
sir, welcome to the casino. . .
"greater fool theory" is in the driver's seat now, bud.
low effort shit posts used to get heavily down voted. i miss those days
his mother was a mudder!
crypto is a stock market for people with short attention spans. hey look! a squirrel!
the market perpetuates this….when you have doge and shib outperforming 99% of “real” coins with “good tech” and a “roadmap,” rationality is thrown out the window. crypto is horse betting. every coin can be easily manipulated by whoever owns a ton of it, so even a coin with reasonable foundation can be a crapshoot
have you ever been to a race track it is pretty damned fun, especially when you win
try crypto twitter. reddit is a casino
buy eth = sleep soundly at night. check back after 3 years, buy house. welcome
shills, shills everywhere! theyre in the trees johnny! theyre in the bushes and latrines!! you cant take a shit without a shill poking his shilly little head up your bunghole and screaming "buy dogecoin!!"
you don’t get the show!
99.99% of people, yes
this is the difference between bear vs bull markets. just let it happen
hey guys. i’ve got ’m looking for advice on which crypto to go all in on and quit my job next week. should i put it on dogcoin or catcoin?
cause some of you guys are underestimating just how many people don’t give af about “tech” or “fundamentals” and only care about what will get them the most money the quickest. you won’t get the type of sub you’re describing again, until the next 60-80% bear market that goes on longer than a few months.
the long time holders are here, we just just don’t post as much as noobies, who are generally young and just starting their crypto journey. my goal is to never have to convert crypto to fiat, but use it for goods and services. that was satoshi’s vision.
i only read the title, and wanted to say thank you.
please let us make "doing a squid" the next rug pull phrase lol
well, it is gambling.
regardless of all your “knowledge” on crypto. you have to realize that investing in this space is 50% timing and 50% luck. nothing else matters. you aren’t a genus for making money on crypto. you are lucky
it’s over, the memecoins won. at this point yoloing into random brand new low-cap pump-and-dumps is legitimately a great investment strategy. it’s crazy, but that’s what crypto’s become.
ironic seeing this post now after passing one if a guy saying he bought cro drunk after seeing a matt damon advert
i mostly have stopped using reddit for crypto stuff. get on some project-specific thiscords and the amount of tech-talk and tech-*work* being done is astounding. sure, there is still a bunch of shitposting and self-fellatio going on in some of the channels, but it is the internet and that can be fun sometimes. i highly suggest people pay attention to curve+convex, especially with permissionless v2 pools coming to curve. curve is already the highest tvl of any amm exchange, and it so far hosts stable-pairs almost exclusively. once v2 launches it will support more sought after pairs like token-eth convex launching on top of curve has been a game changer. even grayscale has added crv to it is list.
be it equities or crypto, minding the fundamentals have long left the markets just hope you have enough ammo to spray and pray then catch a rocket. and then look back with survivalist bias and write a book….
the same stuff happened back in 2017. it's why a lot of us from back then are not involved now. it went to ignorance and gambling very fast.
this place gets so salty about people making money on coins they do not hold, it is hilarious
i've been saying this! it's the effect of the crazy bull run + what happened with gme earlier this year. no one talks enough about the degenerate gambler --> gme ---> crypto pipeline enough. but in all seriousness it is become harder and harder to find friends in crypto spaces who actually do research and know what they are talking about. a few weeks ago i was talking to a friend about my crypto strategy, and how i do not invest in coins until i've done sufficient research and he told me that i would "never make money with that strategy". it's kind of hard to explain to gamblers that everyone's a good investor in a bull run.
reddit is all of a sudden where people with the financial iq of drywall come to share their stupidity. have you seen r? these are the same people who are here.
it's a clown market. get on with the times
that’s because crypto is gambling more than it is investment.
fundamentals do not matter. shiba and doge should have proved as much.
but in the end crypto is just making money so it is good for us.
that is my procedure.
i'm not drunk, youreeer drunnkk...
so make the memes and small caps stop pumping like crazy
the only thing crypto has proven is the market cap of gambling. not surprising given how successful other legally addictive companies are like facebook and altria.
i had a few chardonnays, what of it?
i would appreciate someone even explaining me what the hell all these “crypto coins” are? i’m buying them, my money goes to… wherever… they apparently have some kind of backed value… why? why would i ever “invest” in a random “coin” when i could invest in a company, or an idea, or a tangible commodity. i understand bit coin because it was being used for anonymous purchases online, but now it seems like a new coin is popping up every 5 minutes, and i really can’t comprehend why any random crypto that shoots up is worth buying into after the initial bunch of sales begins to happen. to me it feels like minecraft blew up, and now folks are trying to sell me on “craft miner z: extreme survival craft deluxe .exe “
it feels like the tech is already here. now everyone’s just kinda shooting the shit while we wait for mass adoption to happen.
ever seen a pre 1998 wall street movie?
it’s almost like the stock market is just gambling or something
reading this thread earlier made me appreciate my profession away from the daily into more specific subs
everyone has different strategy or ways how they want to play their games. no one shall judge others
liquidity's gotta come in somehow friend haha
sir, this is a crypto casino
there are no fundamentals, the price of any crypto is only based on what people will pay.
please please please buy harmony one between now and monday. i wanna see us all make it
check back in 2023 if you feel this way
unfortunately your are spot on the nose. this is called the r. all most people care about is the hype and mania and gambling on not being the sucker in the next pump and dump
because that is what crypto is. especially meme currencies and nfts
what makes you think this sub is supposed to be "a group of investors debating over tech"?
i feel like i have my coins that i've done some dd in, but if i see hype i'll take it - legitimate or not.
you mean dog races…
gme and shib happened.
were all in it for the tech and the good of the financial system of the world
investors look at long-term value and do not give a crap what happens from day to day. gamblers do that. 100% agree i thought everybody knew this already though? crypto speculation is not investing.
you forget fat libertarians too
well said, cough cough shibu cough cough doge
it is almost as if using a transactional medium as an "investment" is just a stupid way to say you are gambling like a common crackhead.
…and thats a good thing?
greed is a mf! people are just trying to pump the coins their in. that’s why everyone says, do your own research
totally agree, let’s get some extra lrc!! you guys want to earn some money? this is a casino sir and lrc is the winning bet :d
during the bear market people take the time to focus on things like fundamentals. it’s much more slower paced
don't you guys think crypto is making us addicted of it.
if you ask me then this would be only my deeds after the retirement.
i like the tech. and i like when the tech makes me money
once upon a time, it was a place for freedom enthusiast to thiscuss the power this technology had to change the world. investing be damned.
because after so many years it is pretty obvious that if it is about technology and adoption, you then put your money in bitcoin, eth and bnb… most other coins are a single-page contract, a telegram group and a decent web page: in other words, just a way to gamble and make money off hype
i’ve got what no gambler has ever had... a system
its almost like you guys should buy derace token (derc) for some fun nfts horse racing bets
so many shitposts here. i only stay subscribed so i can see the periodic but if crypto news in my reddit feed
i need comment karma to post a question :(
and in the end we all come here to talk about just one thing and that is crypto.
crypto does not change people, it just brings out what was already there. the subs have seen an influx of people who do not care about utility but want to know what's the next moon coin. even in horse racing you'll find those who will jump on a bandwagon but also those who will come prepared with the science. well at least, this is what i think. i'm open for thiscussion.
uh yeah crypto doesn’t have any truly intrinsic value or most cryptos. anyone here buying fundamentally will get rekt unless it’s btc or eth . especially at these levels. been in crypto since 2013. trust me when i say this. anyone longing for fundamental reasons right now will get rekt
i'm happy with my 2x over the last few months. i've also never read a whitepaper. i tried, but i'm not smart enough to digest it.
yeah, this bull run its very different from 2017 s
might get some downies here but this is generally how it feels before a crash. scams, rugpulls, shitcoins, tiktok? apparently. all that shit. and insane gains. it might not happen now but i think there will be a correction or crash relatively soon. already moved some assets into stablecoins. i’m not nervous for crypto long term but if i put myself in the shoes of the people getting ducked over by memes right now i can easily see retail losing faith. at least temporarily.
you should have a look at derc. it pumping good lately.
why cannot we have both? like i have 80% of my money in long term "believe in the tech" crypto that i plan on retiring on someday. but i also have 20% in some more speculative gambling type stuff.
your average interested person in crypto is now the folks who see 'dogecoin millionaires' and want to do it too. no one cares about tech or projects or use cases, they want dog-themed shitcoins and dime a dozen nfts to pump to the moon so they can dump bags and be rich. its my opinion that this will pass as crypto matures and actually invested and interested parties begin to grow in size, but currently it is the new gambling hangout.
think about it, and i do not mean to offend, but this sub pays you to post... the most desperate people are attracted to anything like that, and unfortunately the most desperate people are also often the least educated people. the people who search "free crypto" are piped directly here by blogs and news sites. the more popular crypto becomes the more people will end up here and there are billions more desperate people in the world than the fortunate few who got an advanced education, of them even fewer who truly understand crypto technology. it's impossible for this degradation of user knowledge not to happen, at least how i see it. the knowledgeable are drowned out by the masses after a certain point. we have to hope that enough people have the opportunity and will to educate themselves using the resources they find through communities like this, and in turn use their votes to bring important thiscussions above the noise. i think we have to accept that it would not be the niche community of enthusiasts it once might have been.
what many people don’t seem to understand is that 2 x 2 = 4 x 2 = 8 x 2 = 16 x 2 = 32 x 2 = 64 x 2 = 128. i would rather try x 2 my investment 6 times than chasing that dream of finding that hidden gem before everybody else does. and imagine if you startet with 1k in my example. you would sit with 128k, even if that takes a few years. where else could you do that?
that's because it is.
even though i also keep talking about shitcoins now and then here. but yeah feels like the degens have come here as well
ah yes a fellow derace investor.
welcome, we hope you enjoy your stay
it’s because fundamentals are mostly bullshit snd the whore market is wildly speculative
great news for those who have invested in game tokens. if it is true.
lrc baby geddy up!
it’s had very r.
damn i can only imagine all the moons you just got
i like it how everyone agrees, yet everyone feels like this does not apply to them.
this sub is pure unconstructive noise. the fact no one questions things is frightening. how do you know eth 2.0 is gonna be awesome? how do you know it is not gonna be a catastrophic failure? how do you know cardano is gonna 10x? like seriously no one questions themselves.
tbh if you know of a coin going 3x-6x in a year pls let me know i would be more than happy to look into it
yeah. i thought the same when the squid game crypto came out. i had a hunch it was a scam. i only trust crypto that has been around and has a good reputation for a while such as bitcoin, ethereum, litecoin, and, to an extent, doge.
fairly simple reason. the more personalities and types that are included in something then the more it gets away from the norm. you have to know that as crypto gets more popular, the more people it attracts. it's just like our once small city. before the casino, crime rate extremely low. we would hear of something happening once per 2 weeks. six years into a multimillion dollar casino, 10x the stores, 10x the "hangout" spots and bars and now crime happens 3-5 times per day. from 1 incident every 2 weeks to 3-4 times per day. more people, more personalities, more risk, and less overall education or caring about being educated. more people than ever hate working for a living(so it appears). more people than ever now want to be the doge guy or better. you dangle raw meat in front of a wild animal and you will get some wild results. there is a ton of wild animals out here op. they all want to be fed as quick as possible.
yea it’s nothin but a moon farm and palm readers booth. the sub feels like commercials flowing by on your home screen. it you take this cc sub off your favorite subs it makes life a lot better.
i’m new to crypto and looking for serious conversations and resources on coins. where should i be reading?
sir this is a wendy's... so may i take your order now?
my horse be running for at least 10 years!
bruh the world is on fire, our governments hate us, our employers use us, every middle manager out there pisses on us to make himself feel better about his own crappy life. darned skippy if i come off like i’m three sheets to the wind at the derby betting on a lane horse.
you dont drink before you get here...? what the hell do you do?! lol
you used to have to be smart to trade crypto, then the rest of reddit found this sub.
-*hiccup*- anudder glass o' wine here good buddy an...-*hiccup*- put some chips on my tab for shib, bunnypark, and garlic coin.
you say "drunk gamblers" like its a bad thing.
that’s because while some of these coins do have value, if you look at them like you’re buying stock in a company then there’s no way they’re valued correctly. a lot of these coins have market caps for something like 1000x-100000x the revenue of the company that issues them. it’s speculation and greed and there will be a crash indeed.
this sub feels like wsb but for crypto lul
this is really true. people really do not care about the fundamentals anymore now and these people are the ones who eventually lose out on all their own money. projects like lox ate my long-term picks which is coming up with updated v2 along with some bnb and eth.
poor ada don’t pick on cardano!
exactly. we are currently in the greed phase. many newbies have entered the sub recently dragged in by meme coins. of course all these new people will ask and want to learn for the next moonshot. if you came here back in the long bear market you would see the opposite behavior. its all part of the normal human psychology cycle of the crypto (and stock) markets.
this exactly, this is symptomatic of every bull market no matter the asset. stocks are the same way, when the market is hot, nobody cares about fundamentals. people complaining about the absence of thoughtful thiscussion just need to hang around long enough for the next bear market to rear its head. even though the market sentiment is very bullish i do not think we've peaked yet simply because people keep talking about cashing out and there is posts coming up regularly thiscussing taking profits. that's all you need to know to recognize that we have not peaked yet. once everybody starts thinking their geniuses and the this time is different mentality kicks in then we'll be closer to the end of the show. until then enjoy the ride and do not lose your shirt along the way.
my favorite coin is dead on the 1 second chart, i guess it is time to let go.
people of this sub be like ![gif](giphyjyyuwsncljdoidownsized)
but you need to understand that long run always makes us a lot of money.
crypto is like a life time partner we all got and never going to leave it.
things move so fast, 1 week is almost like years
just look how they treated our beloved ada ' everyone left it out alone
but here the main perspective is the gambling on the horse.
yep and we’re at the point where even throwing money at actual shitcoins like shib is acceptable.
ada caught another stray bullet while taking her morning coffee wtf
too many opportunities to get rich, too little time to do thorough research!
yeah, the daily feels like you’re in the stadium and everyone is shouting their horse’s name as the run is going. feels like shit. (don’t mind me i’m just salty i didn’t bet on the right horses is all !)
i was just getting into investing during the dot com bubble. many tech companies died, but if you bought amazon, apple, microsoft… you did quite well. the crypto hype feels similar. you might get rich on a meme coin but a few coins will continue to be house hold names years from now. choose wisely.
bull runs fueled by greedy new investors who're just here because they heard it is easy money. or kids who just started "investing" and have no idea what's actually normal and have thistorted expectations. it's thisappointing to watch, but it is what it is. these people exist in a bear market too, they are just more vocal when you see an uptrend. you just have to get used to it. the sub will be dead in a bear market i can guarantee it. people will stop posting about all the tech they believe in and just leave once the market is not just everything going up.
op complains about horse race gambling mentality while calling one of the horses “king”. hypocrisy much? get off your high horse (no pun intended). btc is just another digital asset, among the many thousands that will be part of our future.
wait for the bear run... you will get what you wanted.
what are the fundamentals. no crypto has gone mainstream except maybe bitcoin.
well, that is a currency side of crypto**currency** right?
fundamentals? you mean forget the 3 pointers and focus on gettin' buckets?
coin only does 30% in a day? in the trash it goes
i’d say there’s a definite correlation between the number of shitcoins shilled. the more we move into greed, the more baby elon inu floki coins are shilled and it makes sense. bull markets leave people with profits to gamble. and dopamine is a helluva drug
yup! we get deeper and deeper into the mania phase by the day. not too long now until people are saying bitcoin is dead again.
wait, tell me more about this coin y.
that’s all it is. the people who care about the tech stick around during the long winter... but at the height of bull mania, can you really expect anything less?
you just perfectly described reddits relationship with xlm and xrp.
bruh, i’m staking eth 2 and that shit only goes live in 2024.
i'm still all in on garlicoin lol
>the farther we're in a bull run, the less people care about the fundamentals. > >coin x has not moved in weeks? dead project! time to move on to coin y. that's exactly what i'm doing with my favorite project right now - probably the best fundamental i know (real use in the b2b sector, project with the government, 10k transactions a day, utility token) and cargox does not move... and people immediately to go buy shiba.
to play devils advocate, as a newbie (started in april) one of the things i've heard repeated on this sub is that many of the top 10 coins of prior years simply flame out and become worthless.
i cannot decide if it is good or bad for crypto. on one hand we have scammers and speculators trying to make a buck, on the other recognition and adoption of crypto as a legitimate class of assets is growing. i lean towards the latter
yeah and the closer we are to end of the bull run and massive crash.
yes, it is far easy for people to just throw money at something than do a little bit of research!
and what ever project i invest in end up dying, except for algo.
some upvoted comment stated that xtz is ded project because it hasnt pumped. apparently 3x after summer aint enough edit. i guess thats what you get if you fomo during pumps
yeah agreed, just wait until the dump happens and chases some folks away for a while
glad to see others being on the same page.
when i first started on crypto i made that mistake and missed so many pumps because i had transferred it into ethereum as it was more a proven concept. sure i've made killer returns on the ether as well at this point but i missed out on at least 4-5 10x pumps because i doubted the research i had done.
stick with projects you believe in
the positives of a bear market. 1. buying cheap. 2. r.
as someone who is heavily in ada and vet i feel personally attacked by this.
which exchange can i use to put my entire life savings into this coin y of yours? i’m not able to figure out metamask so i’m going to need you to provide a website that lets me enter my private keys, please and thank you.
lol the regret from having lost out i felt from doing that with mkr, aave, and uni when i got started in the first half of this bull run has pretty much killed the part of my brain that does that. if there’s a coin you like that performed well in the first half of the bull run and it hasn’t mooned yet… obligatory not financial advice but you might wanna consider putting a bit in it while it’s still a good buy.
which is good because usually then coin x starts to pump and then these moonboy idiots do not make the money they were expecting
"coin a has not made a x2 in weeks. time to switch to coin b, oh fuck coin a pumped. time to fomo back in!"
it really depends on the project. the ones that are mostly full of hot air, absolutely. however, when you find a fundamentally and technologically sound project, the community typically sticks around through thick and thin.
it's the dot com bubble all over again, shitsandwhich.com is now shitsandwhich coin
why has not my coin mooned yet?! i've been hodling for 1 week now!!
that is how the cryptocoin market runs. a coins has its run, another one appears, and the cycle goes on. a few invested in the old will still hype it, but most will jump to the new.
it is almost like hype has been the only thing that has ever mattered in the movement of the price of any crypto.
this really boils down to human nature. the fact that humans here are drawn by and more interested in making a quick buck on crypto - the same folks that bet on stocks, horse races, and at vegas - should not come as a surprise.
there are no fundamentals. once you learn this you’ll start getting it.
vet started to move again , i guess its not a dead project anymore
the farther we’re in a bear market the most people underestimate good fundamentals. everything is a bull trap lol
poocoin is my most visited website xd
the point of the fundamentals is still to increase the price albeit more gradually. i've yet to meet an investor whos actually "into the tech". i'm sure they exist...
>the farther we're in a bull run, the less people care about the fundamentals. > >coin x has not moved in weeks? dead project! time to move on to coin y. this. it can be extended to the crypto journey as a whole, from bitcoin's inception. in the beginning, only tech-nerds and philosophically. as price was rising, a new breed joined the party: number go up gang. at some point, the latter group came to dwarf the former. it's way harder to actually be a tech-guru and, and figuring out one number is higher than another. so naturally, there is a lot more people in the latter category. but, as long as the inner core continues its slow, but steady growth, although unseen, we're all good. for thisclosure, i joined 6-7 years ago as a mix of ideology and number go up.
yes, and that is actually why i am looking forward to crypto winter...it will come, it will help to "shake these ppl" away and help whole crypto to stabilize a bit and catch a breath before next bullrun:).
this is exactly right. in the bull run, everyone is just fomo'ing into shitcoins. in the bear, they are all gone and it is just people talking about projects and potential.
that is why you should base your trading on types memes you see
i'm new. any tips?
also the owner of the horse track cannot close the betting office to the public when it is time for everybody to claim their winnings
on one hand, multiple horses can win in shitcoin gambling. on the other hand, no horse could win in shitcoin gambling.
i mean that babyelonhorse could be the horse that breaks a leg mid race or something
> babyelonhorse entering the race midway through and punching your face in in the process. 💀💀💀
unfortunately however by the end of the race if it goes badly some of the horses can end up going down and dying just the same as the worst shitcoin
it's like a horse race where you bet on a jockey and can leap from horse to horse.
yes their is in horse racing a babyelonhorse...they call it a darkhorse.
i love the fact that musk is undeniably bound to shitcoins.
i'm completely aware when buying safedogesperm
well i'm definitely not drunk of off the profits i've been making. now that is a sobering thought😏.
i just buy high while i’m high, especially squid game token and baby inu
right state of mind does not always equal right decisions. doesn’t mean i’m going to stop rolling the dice
, would recommend. some crypto also split their subreddit to soft ban price talk on the main subreddit, and have a separate one for price talk. i think this works really well for promoting actual thiscussion rather than just "wen moon". examples .
i like it! here's a moon for this suggestion.
how about fundamental friday, that should slow down the shitcoin shilling since well they don’t have much
as someone relatively new to crypto and this sub, yes please
make poll! you have my vote!
if you are not talking about the investment, what are you doing here?
problem is, thats a crapload of moderation….pretty burdensome to the mods
"what do you mean under white page? are you racist or something" - twitter probably
happy cake day bro
great suggestion. even the most experienced people can always learn more and i think a day like this would be welcome by everyone.
this could be a game changer.
this sub would still find a way of making it about trading
good idea, also happy cake day!
this is actually a really good idea.
yes,they should do this and more people could get informed
maybe, but what happens if the entire market crashes 90% on a wednesday? we cannot talk about it until thursday? so there should be an exception in the event of major fud or a huge dip.
white paper would be better imo
sounds more like 'no ~~shitposting~~ moon farming wednesday'. ;)
that's a fantastic idea!
you guys read whitepaper? i just pretend i understand them.
let's put it to a vote
or divide it in two subs for investing and tech
i like it, although propose renaming it "savage peer review wednesday"
no one is going to post.
and all those 5 guys can thiscuss tech stuff in quiet
yup. pretty much this
shat on... for good reason. that's kinda the whole point of the post. fundamentals do not matter, technology does not matter, whatever has the hype and unsustainable growth is what people want. idk why it is such a surprise considering this sub was garbage before moons and really went downhill after their introduction. it's been obvious no one here cares about anything except the shitcoin casino.
yep. this sub has been an obvious gambling sub since long before moons and probably even before the original dog coin...
' it does not matter what einstein thinks when he only has one vote and is outnumbered by idiots 1000 to 1. then the idiots are in control because they have more votes.
it's going to be amazing when the idiocracy goes parabolic.
as someone who’s been in this sub for around 3 years it personally seems like it’s gotten worse though, and while it is the nature of a bullrun, i think it’s more specifically tied to the fact that crypto has reached a point of mainstream access and trendiness that has encouraged a lot of people less invested in the tech and space itself to hop in… especially since crypto has been presented in the media and perceived as get quick rich gamble, while before this idea existed but it was something a bit more outside the norm and intriguing on a technological societal level not necessarily saying it’s a bad thing for crypto in general, but it’s certainly had an impact on the quality of thiscussion in spaces like this, or at least boosted the amount of low quality content
sometimes i drink water to surprise my kidneys!
i’m not drunk. i just have dog shit for brains.
i actually am drunk. lfg. buying as much shib and icp as possible
though i'm sober now i'm still a degenerate gambler
who said both is not possible? the bad decision making from each cancels out, so you end up being an investing genius
whatever floats your boat!
i’m sorry but nakeddogesexwaffles just could do better with its marketing
yeah the biteme meme.
im more of a fan of huskies but i havent found any of those coins yet.
worse. over there they at least know what they are, here people think we are better than them. it's same shit really.
exactly like this! this sub grows and attracts the type. if people want decent conversations regarding certain projects go directly to those subs. for example the cosmos sub is amazing for us atom investors. tons of questions asked and answered. tons of updates on what is happening within the network.
not at all like wsb. wsb has always been about getting rich fast or going bankrupt trying. this sub hosted talks about freedom, anonymity, speed, throughput, usability, etc. now it is all about getting rich. exchanges are the death of cryptocurrency. the moment you can trade coin x for fiat, it stops being about the technology and it is all about the money. how many people here have even *used* one of the multiple coins they own? almost none, because they all think about the "in 2010 i bought a pizza for 10 btc" case. so it is just a group of freaks hoarding ugly dolls in their packages with the hope of selling them for a huge profit sometime soon. almost none cares about the technology.
almost. at least they have market cap restrictions so people are pumping shitty stock
this sub is sometimes like mlm to me. everybody's trying to get people to buy in so they can cash out.
nah those guys are smarter over there
i avoid the hell out of anyone who has labeled themselves a ape. because it is obvious they just swing from pump to pump.
wait this isn’t wsb?
with adoption you get the bad and the good lol, will be an interesting next 20 years thats for sure, i feel like this is just as crazy as the internet coming along.
"this is not a rant" said the angry ranter. "this is an unpopular opinion but..." said the popular opinion poster. it fits.
the most upvoted rant ive seen on this sub.
right? it's okay to shill the king (btc) but getting hyped about projects like lrc is drunken degeneracy because the announcements may not go the way we expect? (not saying its directed at lrc specifically but that seems to be the flavor of the week which is why i used it as an example)
honestly drunk buying has worked out pretty well for me
i dont always buy coins when im drunk, but when i do its doseqius.
had to scroll waaay too much down to find a serious reply... proofs exactly the point of this post at this point i'm not sure if fundamentals will hold up against the mass hype of shit coins. when all this madness collapses ppl will be done with crypto an whales will have swallowed even more of the supply of the good projects by then and control the prices and projects even more. decentralization? not gonna happen
i care about the tech as long as it pays interest.
nano’s a long shot but i just saw it take a shit in the paddock so it’s ready to fly
osmos on the atom network i think im going to have some fun with this
why “bit-coin” of course. it’s a shoe in. you’ll never be saddled with regret. forget the hayters
girls just wanna have fun.
i noticed the sadness posts during the bear market alot, gets me every time.
me too, and i do not see the problem
probably wen moon grows up.
they give you what you need, not what you want.
thats pretty much been proved with the 2 dogs in the top 10 right now. i have a hard time knowing when to get out, its usually less than the peak.
why not put money in both. . then take the gains from random memecoins and buy ada with it to secure the gains and wait on the proper bull run ada has been cooking up allthis time. ada is ready to pop, but i hope we get sideways action more so that i can get even moe
all we need is just one bear to wake up from hibernation and the general approach of this sub will turn around by 180’.
it’s like this every bull run tbh. the bear markets are when all the analysis and thiscussion comes out.
i genuinely think that a coin with fundementals will never ever beat a meme coin. like think about it logically, for a good solid coin with rich fundementals needs an element of stability to it. nobody wants to invest in something that is volatile, they want nice, steady, sustainable growth. meme coins do not give a shit, they will just continue to pump and dump with 100x returns and 99% losses, winners and losers each time. fundementals = investing. meme coins = gambling. change my mind.
and we are sensible compared to 2017
speak for yourself! i'm 6 ^^^^
no, this is wendy’s. ![gif](giphy4cjgnb2vub04)
the fomo actually rule the fud but if the fud section s strong you cannot ignore it then.
fomo and fud friday?
that makes two of us!
the "fair weather fans" of crypto are showing in force. underrated comment
same here. feels like it’s been flooded by a bunch of kids
high investing = high returns
also they are not trustable as big body dog are so you can understand who is cat and dog.
"libertarianism: i do not understand anything about economics" would be more accurate for this sub
i lost my legs
i have severely misunderstood this whole thing. time to sell my seabiscuit inu i guess
it's pure 100% grade a hopium.
it is just fucking insane buddy, all you have to know now.
wow if what your saying is true then this was a pretty short lived bull run lol (3-4 months)...the stock markets been in a 10 year+ bull run...
yes exactly what i do. 90% of portfolio is in top 5 then i gamble with new good coins or memes. salty people need to stop making things up.
but why should my taxes pay for your school? i didn’t go to school because i didn’t want student loans, fuck outta here with that shit.
saying ‘real talk you sound privileged as fuck’ might be the dumbest thing i’ve read on here in a while. fucking focus on your own shit. bitching about the weather and student loans? crypto doesn’t care about your made up sjw bs fuck alllllll the way off with that shit
really? it like asking a nurse she just there to take care of people.
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it has. they are here. i blame the apes
happy cake day double_bed2719! cake days are a new start, a fresh beginning and a time to pursue new endeavors with new goals. move forward with confidence and courage. you are a very special person. may today and all of your days be amazing!
same except 25% and the other 5%for booze.
….so what’s your point?
sent a pm ;)
if ada is such a good investment why has not it beaten cardano in a 1v1 fight yet?
dead project, hasn’t moved in months. a smart man like me would chase pumps with revolutionary coins like shib and doge
i do not have any ada and do not like the coin but if i had any i certainly wouldn't be selling atm looks like almost all the high caps have had a run in the past month so ada will probably have a little run soon
ada and algo can stay sideways a bit longer. i just got into crypto and want to accumulate more. lol
ada bag holder here and god it’s hard out here
look at our bipolar ass sub going back to loving it when it pumps in the upcoming months
these coins are just like the coins but not so much usable.
shhhh… let me keep buying in peace. these < .
charles is busy - we will wake
lmao at the fact you just knew it was ada
but i remember the days when there was ada everwhere.
i'm one of the guys who generally shat on cardano. but since it is one of the few coins without the bullrun premium price markup, its become my target for dca buys right now. my assumption is this bull run will end sooner or later and the price will plummet well below today's averages and ada seems more reasonable to buy at this time.
get ada here! ![gif](emoteemo_pack_1dancing_wojak)
cardano fails the meme test and the use case test.
this is really hurting.
kinda like my someone i once knew...now the guy is well off and i have been to one of his many homes...yea keep picking on ada!!!
i bought more ada this past monday. it feels borderline oversold at this point
lmao. if cardano was useful and had real users, it might matter, but instead it is price is all based on hype, a cult mentality community, and charles being charles.
meme coins made me join, solid projects made me stay
i can’t stress this enough already, but i’ll say it once again **be fearful when others are greedy and greedy when others are fearful**
those meme coins have made me a lot of money.
i've been here since 2017 but wouldn't say i'm the most active person on reddit in general so i've missed a lot of the thiscuss between 2018 and 2021 say but i think anyone would look for a moonshot, just depends how much as a proportion of their total crypto research it takes i guess. should probably just dca into btc-6 months and we could see a bear market that would be better to save for idk
ya, it feels like the top is near again.
the greed phase can last for a while. we have no idea.
things were more measured as recently as july, it is a cycle, and an inevitable part of adoption is the average nerdiness of the community is going to go down.
what fundamentals do currencies, like crypto, have?
i bet this monkey's portfolio is still better than mine 🐒
shhhh, be quiet youre gonna wake up the bulls. i want ada to trade sideways a lot longer so its easier to accumulate
i’m still holding mine!
you may not have had the right horses, but you got honesty, and my spice rack is filled with a couple jars of salt, too is salt even a spice?
gotta watch out for babyelonmoonhorse jumping in as well!
somethings gonna make that shit and it is going to skyrocket.
my teacher in 8th grade told me one time about how he bet on a horse race and right towards the end, his horse was in second. he turns to his friend and says "wouldn't it be awesome if that horse in first just dropped dead", apparently as he finished the sentence the horse just faceplanted and died and the horse he bet on won the race. he said he felt so awful about it that it has stuck with him all these years. even in 8th grade that shit traumatized me from ever attending any sort of derby at any point in my life xd.
no but the darkhorse starts the race with everybody else. he is a known competitor that just surprises everyone. "babyelonhorse" did not start the race at the same time, he showed up after the race had started so you did not (could not) factor him in.
i feel you bro
i just invested 10k in elonspermtomars cannot wait to gain 100+ billions in next 2 weeks to enter world's top 10 richest people list.
it’s a dog coin it’ll moon eventually
5 seconds later: ![gif](giphyybniyzlegajgm)
random stranger on internet : buy this coins it will x100 me *high on hopium* : you son of a bitch, i'm in.
thanks, u. you answered the question i was going to ask. have a good one!
this is awesome. joined. thanks for the tip.
thanks! first tip i’ve received. i’d love for us to talk more about the possibilities than the investment. i got into crypto because of the technology. but i always avoid coin threads because they feel more like shill threads than genuine thiscussion about their use
this guy tips moons!
a sticky post could be used to address that in the case of an emergency. but you really shouldn’t be relying on a subreddit for news about your own investments
talk about fundamentals with tears in the eyes
lol yeah, bit of a brain fart there. do kids even know what white pages are these days?
yeah, quality was higher before moons
i don’t think people do, which is why a weekly thiscussion about them would be beneficial
we have that every day
that would just isolate people from information
very few people would care about crypto if it was not so profitable lol this sub would be like 10k
anyone thinking this is a new development is kidding themselves. in the 2017 run, it was the same kinda shit. if the ratio of people who genuinely care about crypto vs people who view crypto as a money making method is less than 1:100 i'd be baffled. you could ask 100 people what the difference between eth vs btc is and almost all them would say "btc is worth more"
you act as if bitcoin was anything more than hype. without hype or speculation the price would have never went above zero.
you guys still have kidneys?
i do the same, but with the bleach.
please don’t drink too much of water it harm for your kidneys
remember to stay hydrated every day.
i only heard sell your kidney for crypto
i drink kidneys to surprise my water...
don't forget squid. serious gains to be made _on paper_.
the names are just getting a little ridiculous. they gotta go simpler. penis coin would do well, i think.
you can do whatever you put your mind to. i believe in you.
i always thought crypto was for wsb junkies who cannot handle closed trading hours. there's really people here that look down on them?
yeah for me at least a newer member of this community it seems like this sub you can thiscover decent projects but going to the actual subreddit of that coin is how you get more into the tech and use cases for that coin.
"boohoo my coin is not going up as much as your coin! gotta post a *not a rant* post now that definitely is a rant!"
mostly eth and algo after a few beers. it went wrong when i touched vodka, i ended up with some shitcoins...
wealth thistributions are never evenly spread. over time, even slightly greater wealth increases one's ability to get more of it. so either some authoritarian regime works tirelessly to keep everyone the same level of poor, or wealth makes it is way through a free market over time, accumulating at certain nodal points, whether they be governments, corporations, or individuals. defi does not fundamentally change this in any way. it does change somewhat how we evaluate power structures in relation to the market. aside from government regulation, the only actual power to concentrate wealth in defi is existing wealth.
a fine choice! this one is faster than a charging bull and chomping at the bit to have a good long run. i know some folks prefer automobiles like the newfangled eth rather than old fashioned horses, but if i were them i'd be worried about the cost of gas!
cyndi lauper to the moon
btw i am high i am not drunk
i miss the bear run... had so much quality posts back then...
as much as people like to think they want to invest in things with fundamentals, they really only want to make money. if the easiest way to make money is with dog coins and nfts then don’t fight the path of least resistance. just accept it and ride the ponzi. never let a good bubble go to waste.
i would argue that there are no coins with "fundamentals". at least not until people use the coins for actual exchange of goods and services. until then it is all still early days playing the odds of which coin will come out on top as an actual currency of trade. also there is no framework against which to measure "fundamentals". not saying we need regulations or policies, but those regulations and policies set anchors against which we can measure something. people have put money into certain coins as intermediary stores hoping for some kind of appreciation; i.e. bitcoin. so if you say "a widely agreed upon store of value" is a fundamental then maybe. idk just friday crapposting. hodl and glhf!
“” because you’re actually 5? i also lied i am only 4 and 7 months
i am a sperm. by the time i leave this nut sack, find my egg-mate and become an embryo i hope my eth will double in value.
that's supa hot fire. do not thisrespect.
well then better run with your hands cuz my life savings depend on it!
doesnt want taxes to go to student loans, did not want to go to school because of student loans - i like how the irony is lost on you
this does not belong. cmon dawg try a little
i'll have two number 9s…
ada and cardano should settle their differences in a 1v1 on rust, quickscopes only.
*internet historian voice* if the universe is so big, why would not it fight me?
i can see someone actually asking this deep in the mania phase
isn't ada and cardano the same coin? you whales are just trying to confuse me.
this shows how much we know
what about ada's hard fork?!?
obamacare is garbage but i love the aca
two cryptos enter, one crypto leaves!
i chose to go 50% ada and 50% cardano because i'm not sure at this point which one is better
hahahaha ! omg i’m dying ... also i’m a little sad that i swapped all my ada for btc a few weeks ago 😢😩. it was a mercy swap ... couldn’t see the future wide adoption as no dex was capable of using it (yet) . love the mission though
ok ada vs cardano: round 1. on the blockchain, no preparation round 2. both bloodlusted, and had 2 days to prepare round 3. both team up together, same as round 2, but vs 1000 5th graders, also bloodlusted and jacked up on king-size halloween candy (r)
fukien hilarious. this comment is very bull friendly. lay on the cardada
this question keeps me awake at night.
charles left the chat
in crypto, a week’s lack of movement feels like an eternity, but after you zoom out and see how it moves a lot in 3 months, it makes you wish you didn’t do anything in between, after you have performed some terrible trades.
i think the dead people like shibu just started flying out.
shibu is just making is feel we can fly higher and higher.
i like how no one is talking about akita yet. gotta go buy before it’s all over the sub and too late.
i mean, i sold my ada for shib, ran it up 30% then bought back into ada. you're kinda pissing on your own allies by singling out coins to trash.
long term hodl so not watching the hour to hour so much but it’s hard not to notice when everything goes up … except for ada
think of how much we’re picking up with staking at this price!
i wish both explode when i want to sell ' and go down when i want to buy
but we have not predicted the fall and we cannot imagine the rise too.
i’m with you my friend. have faith!!
i still love it hodling my bag waiting for my moment of smugness
just wait for the suicide hotline posts when we head into a crypto winter. seeing all or most of our gains evaporated? that’s always a fun time in the boom.
or he might have to go into hiding otherwise!
it’s a sign that you have true faith in a project when you hold it as it crab walks while every dog themed shot coin goes to the moon
maybe a rebrand - shiba ada!
what fail on use case?
solid project made me join meme made me come
im no seasoned investor but im really starting to see how true this is. now whenever i see someone trashing something, i take it as a sign to look more into it because the consensus on reddit seems to be wrong most of the time
didn't led zeppelin say that?
everybody is greedy right now
this is true...a lot of coins look good right now, but if you accumulate during previous bear markets and hodl you are good...i'm not in the position to buy right now anyway but waiting for the right time...i bought in june and prices were really good then...
buffett says this and he also doesn’t invest in crypto
the fundamentals are different that that of stocks, cryptocurrency is not a share of a company the way a stock is a share of a company. any fundamental analysis through the lens of stock evaluation is not useful. if you put crypto in the lens of a network and start analyzing the fundamentals of the crypto as a network then you can start to see what the fundamentals actually are. those fundamentals being network usage deltas and transaction volumes, adoption curves, address growth deltas, the number of total developers on a network, the total active number of developers on a network, on chain analysis etc... these are the things that you want to look at to see the potential growth of a crypto and this list is not all inclusive there is probably tons of other fundamental metrics you can look at but just have not been identified yet. companies outside of maybe some tech names do not have fundamental metrics like these so trying to apply fundamentals like earnings reports and earnings projections or pe ratios to crypto is like trying to twist a screw using a hammer.
where pump *insert ape meme*
as dogeelonmars entered top 100, i wouldn’t be surprised if this babyelonmoonhorse enters top 10
that's my favorite new meme coin. i just heard about it a few lines up from this post. i hope someone will shut up and take my money in exchange for some.
i feel you too bro
lol i love the sudden confident headbang right after the bad trip vibrations
holy shit that girl was rolling tits
you should try r, it’s exactly what you’re looking for
sadly, this sub has turned into a moon farm.
nothing like the gift of moons on your cake day!
moons are meant to be tipped, so yeah. when people deserve a bravo! - they get moons :)
google just destroyed the phone book
youre acting like price is the only thing that matters, further proving the point... bitcoin (and cryptocurrency as a whole really) was and continues to be an absolutely revolutionary concept completely irrespective of it is value relative to any fiat.
not anymore. what should i sell next to buy some
but only sell them one at a time
nice avatar, good suggestions, 10
dollar bills are also paper! i just realized the connection! lfg!!
lol true and if only people knew that is why we've seen meme coins and even the best projects see huge growth and promo on social media at weekends because the stock market traders and holders have got no movement
time to get you drinking mixed tequilas and see what you end up with
crypto is the new drug on the block
that’s why i jump over to r
it really do be like that, if you’d have invested ’d have like . if you’d have invested $.70 then you’d be a millionaire. if you have ’d be crazy not to but for a lot of people it’s worth the hype to risk that .
de_dust2 or go home
no steady aim allowed
can't be worse than the shib army guy that said shib was going to be the eth killer. you know, ethereum, the fucking platform that shib exists on.
aren't ada and cardano the same thing?
what's rule numver 2?
wsb joined the chat
in the end its patience.
investing in crypto for one week gives you experience that stocks can’t give you in a decade. 😂
that's it! here's a moon for this.
yea, i love it. i am tempted to drop my ada and go fully into the algo system but i know i should try and keep some diversity. i am to poor to really just go hard into eth or sol although a stable etherium alt might be something i should consider, maybe matic?. i really like yieldly too. the return on the stake pools there are insane. been converting a portion of my algo each purchase to it and staking some there. stake the yieldy for more yieldy and algo, not bad at all. i also have some shib just for the meme dream. its just a guilty pleasure to feed a delusion though. 75 bucks for a mil of shit coin on the off chance that is goes somewhere why not.
buffada all the way
it has barely any usage compared to the rest of the l1s.
hahahahhahaha girl you nasty
damn i just laughed out loud at work hopefully my boss did not hear
do opposite what reddit suggests, you won’t do wrong
i picked up more ada last week. i feel that sentiment in my bones
“don’t believe everything you read on the internet” -abraham lincoln
every night ends like ![gif](giphywpolqr5ft1sy0)
i’m feeling a little blue too
instructions unclear: joined r
i think this is what i was looking for , too, thanks!
says the guy with 13k moons
you still have two lungs man, come on. think outside the box.
the truth is if you are here to take risk and make money then buying top10 coins is negative value. you need to research new coins and take bigger risk. if you don’t want to take risk then just buy eth or ada and get a few hundred percent. i would not recommend buying bitcoin for someone that is new. maybe during bear market. i think a basis in current market conditions should be this: if your coin cannot outperform solana then don’t buy it
lmao 1v1 me scoutzknivez if you think you're tuff, kid
final destination no items
that's solid proof of all of the research they are doing before putting money in, clearly.
this might be very stupid since i'm relatively new to crypto, but is not this technically possible? like the shib token is basically just a smart contract on ethereum right and there is nothing out there that says a token cannot outperform the native coin to my knowledge. i might get downvoted but can someone please explain why it is not technically possible for shib to surpass eth?
i'm gonna go on a limb and claim op was sarcastic.
they have to be! think about it, have you ever seen them in the same room? wake up sheeple.
they got in a fight and split up
yes... cardano the network and ada the token… there i answered sarcasm lol
yes they are. but the ignorance can reach critical levels.
no, ada and dot are the same thing according to some kind stranger on reddit
*irs has suffered a major boating accident*
*charles went missing to play squid game
exactly, we just gotta sit tight with projects we believe in. time will reward us
and gambling and like the lottery
i’ve got to look into yieldly. a lot of my algo is locked up during the governance period but i’ve accumulated a small bit more of algo via dca … not a whole lot but you have to start somewhere!
algo makes me nervous with how quick it is rose up. and solana
what makes you like algo so much? genuine question i do not know much about it. what is a realistic growth for it the rest of this year?
ok. i will now invest 100k in shib
he would know though.
iceworld with glock you nub
it is possible to surpass it in market cap but will never be an 'eth killer' because it is not a general purpose blockchain, just a token on one.
it can surpass it in value, but it cannot replace it. when someone says "eth killer" they are meaning the next block chain that will make eth obsolete. in this case shib would only increase the use case for eth thus making it even harder to kill in the future.
i dunno. i think we need more additional analysis.
but it is duck season!
but the volatility! such trading opportunities!
definitely worth checking out. i am pretty stupid but i do not see a downside to it if you are already heavily into algo.
honestly, for me -- it is whatever gives more interest than banks. it's why i have about 5 thousand just in usdc on blockfi. that 9% is a free \~. the staking on algo, eth=eth2, etc. is also nice. i've picked up about 5 more algo since i've staked it just letting it sit, and i've made about (bought in at .78).
once you figure out this, you’ll be fine and moon
ready to shill next coin
takes one to know one?
right that makes sense. i just did not understand why it could not surpass eth that is all. i mean the combined market cap of all erc20 tokens right now is significantly higher than eth's market cap so what's stopping one erc20 token topping them all? not trying to shill shib i think it is definitely not a great token but i also think crypto is a ton of hype and it really sucks cause actually valid projects like ckb or ada do not get enough attention.
> additional analysis peer reviewed of course.
first rule of monero: we don’t talk about monero
do you have to use my algo wallet for yieldly? or can you connect the official algorand wallet? i’ve tried to google it but with a name like “algorand wallet” i get a lot of useless results
ohm’s 8,500% apy would like a word with you.
like i said, it definitely could happen. the market cap is just based on people. all it takes is more people. although if that happens i have lost all faith in humanity
thats also why our price never rises
i love everyone of you up there. these replies are gold.
ohh that is why op referred to it as the king. gotcha! ;)
you still have not learned that one
i use the mobile one but i think both work
i took a look at it (olympus). i do not even know what this is.
hold on, yoloing shib brb
a lot of exchanges want nothing to do with it as well.
*pets xmr* its ok monero, you go when you feel like it
no we transfer our monero and wait for the mail to pass customs
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i do not think mass adoption will happen by regular people choosing to use it. i think it will happen by industries, systems and use-cases being built on top of blockchains, and people using it without even caring about the underlying technology.
i think we're just not super late. maybe i would not make milions but at least it is better than what my bank offers me for holding fiat as the dollar depreciates.
i think we’re aol early but not 2400 baud external modem dialing in to bbs to play legend of the red dragon early.
are we not going to be rich? cuz i have my monocle picked out already.
its safe to say that 90% of the people (including me) are here only for the gains.
when you talk about crypto, you keep everything in same basket. there are projects which are constantly thisrupting the traditional way of doing things and greatly reducing the transaction costs. once you spend some time in understanding what those shiny names are actually doing, your opinion will start changing.
so strange to see an actually unpopular opinion on here! i’m glad you posted this though, it’s always good to have different perspectives talked through. it’s a very real possibility that crypto never quite takes off even though we all don’t want that to be the case. that’s one of the risk of investing in this space.
our society is run by the top .0001%. if they can find a way to make profit off crypto they will make sure it gets adopted. if they can’t, then they’ll make sure it won’t. it’s really not any more complex than that.
if crypto thisapeared tomorrow, i dont think it would effect anything at all.
as others have said, the use cases for crypto transcend finance. cryptocurrency is already universal. most banking transactions do not involve the physical transfer of cash. the issue is decentralized currencies and making the system more efficient. that, i believe, will happen. good topic though
honestly the dose of anti-hopium we probably all needed to hear at least once
for crypto to become mainstream, the users will need to use it instead of buy it on speculation.
imo tiktok ruined crypto. the way tiktok creators talk about and portray crypto, many audiences it reaches will look at crypto as a pyramid, just a trend. fuck tiktok and fuck china.
quite a common unpopular opinion, if you count the global opinions and not in this bubble of ours, you are basically saying the fud that boomers come out with congratulations
big "the year of linux on the desktop" vibes.
it’s possible that frogs fly out of my ass, but highly unlikely. crypto is being adopted more and more. feeling very bullish.
honestly, it’s a real thiscussion that needs to be had. in my experience, i don’t think we are ready as a society. go ask anyone who has worked it if we’re ready for it. seriously, people struggle to reset their own gmail password. now ratchet up the complexity and add in their life savings and do so in a decentralized network with numerous wallets. not only that, but billions of people have never even been on the internet and we act like the internet is ubiquitous. ultimately, the people who benefit from the technology will be the rich, well educated and well connected. that said, i’m not advocating for things to stop. i just recognize the reality that along the way, things will be ugly and a handful of people, the same people who have the most money and resources will benefit the most.
at the moment it is too dangerous to implement on a mass scale. people are much further behind with their understanding of tech than a lot of us think. we assume people can use these multiple apps and wallets. the average person will absolutely hate it. i can imagine the calls to my folks already trying to explain it 😅 also the risk of losing everything instantly and without any way to reverse the transaction is not good. we all know the horror of sending a transaction and waiting for it to go through. there's no reason to be mad about that though. crypto can exist without the mainstream and as its own entity.
your opinion is unpopular, but also true so i do not see why you should get downvoted. most of the people on this sub are not here to watch it grow, get adopted and used in everyday life. they just want to moon soon. it needs to be said, just as the "take profits" posts. hodlers will become bag holders once this thing turns over on itself. at least they have been warned by you and others.
problem with crypto is that it is too convoluted for your average middle aged person. and i say this as 20 something tech savvy person who cannot be arsed to figure it out.
don’t even say it lol, now quick go say bitcoin in the mirror 5 times
upvoted not because i agree with your opinion, but because it is truly an unpopular one
this is not as unpopular as you think. the nice folks at r.
i could see this being one outcome. specifically because absolute mathematical scarcity achieved by a consensus in a sufficiently decentralised thistributed network was a *thiscovery*, rather than an invention. it can’t be achieved again by a network made up of participants aware of that thiscovery since the very thing thiscovered was resistance to replicability itself. ([credit]( i’m excited about what people come up with in this space, but there’s a chance that alts could just be a niche invention that shrink to a smaller scale purpose than what is being speculated right now, a bubble in the evolution of bitcoin. bitcoin can fade away as well, but to do that governments will have to go against our basic human rights of owning property. countries have gone to war for less.
crypto fundamentally is not user friendly for the masses, and it never will be. normal users cannot be responsible for their own keys, and any centralised intermediary between you and your keys entirely voids the point of crypto. it will never go mainstream.
unpopular opinion: none of what’s on offer on the crypto market is going to be what is actually adopted, and the crypto market itself is thisconnected to the point of irrelevance to adoption.
even if you're not early, you're early on the wrong things. bitcoin is never going to be a day-to-day currency with its flaws. the crypto that becomes a mainstream currency likely is not on the market yet, and when a single crypto makes it as a day-to-day currency, the speculation is dead and the prices of all others crash.
it will reach mainstream adoption in some form or another. but it very well could be a crypto that none of us are currently holding. i hope not but we could all be holding old tech that will fade in to history.
with what's about to happen to the usd (and possibly fiat currencies around the world) it would be hard to imagine crypto not continuing to reach and be adopted by a larger population. remindme! one year reply to this thread
institutional adoption will be first. it'll become widespread and, without even knowing it, regular people will be interacting with crypto. probably gaming worlds using nfts in some way will be the first major use case for regular people.
op just walking around kickin hornet nests in his spare time...
blockchain has a very bright future. crypto overtaking other currency that is insured, has a phone number to call when you forget your password, and is automatically available to next of kin in the event of death? no chance. it’ll get more popular than it is today for sure. but think of the average person. you’re telling me you think it’s fair to expect them to secure their own offline wallets, or that they would even see a benefit to decentralized money? you think your grandma who types in all caps is going to be a reliable steward to her digital money? if crypto currency has a big future, almost certainly going to be in centralized exchanges like coinbase. otherwise “keeping your money safe” will be a full time job for everyone.
the proper view is that a small selection of cryptos are essentially guaranteed to succeed given how markets function. the ones that solve very large problems with no competition in a practical way will succeed. way too many useless white paper concept only coins, copycat coins, blatant rugs, etc. it’s not too challenging to spot the ones that will grow into the long term.
i will be holding to my crypto till the day i will hear a boomer complaining "i cannot stand using that "new money"".
while i was skeptical about cryptocurrency for years... i came to a realization. the usd is only what we say it’s worth. it used to be with gold, which was a great asset. however - does anyone in our younger generations even care about gold? there’s so many metals & other assets out there, gold is almost worthless in my opinion, other than being “backed” by the dollar, yet most of the dollars in our pockets are just notes & printed out of thin air... as our generations grow older, and cryptocurrency becomes even more accepted in places like amc theaters, nba games, and even athlete’s contracts... it feels like we’re at the beginning of real acceptance. there’s no reason to not be bullish on crypto. you can be bearish on it in the aspect of not understanding it, or thinking of all the different coins in the market. but at the end of the day, i believe our generations will fully accept and endorse the use of cryptocurrency.
in my opinion crypto as a currency is not where it is biggest potential lies. regular money works perfect for most. i think the potential of blockchains with smart contract's are huge tho. there are so many financial instruments that can be automated and done more efficiently with programmable money. and lots of new things (nfts for example) that can be done (web 3.0). and you want a global decentralized chain for that. not something a bank or single country controls. those transactions will still cost gas so the crypto will get huge demand when it is use goes global. these transactions trough the blockchain will all happen in the background without you even noticing you use it. kind of like how you do not notice the tcp. the mainstream wont be bothered with private keys and addresses
who cares? i am an average person making money off of it that will help.
atleast you can flee into cryptos when the markets have a hard time once again (thanks to a broken system!) i think this could be a reason why even if we never reach adoption, cryptos will always be there in a way or the other.
stability will bring adoption. i see it as a stable coin being the product and the crypto powering that stable coin being the company. with this in mind i think volatility will be less of an issue. in a certain way it’s like stocks on steroids so i don’t see a way of crypto failing. but if it does fail i’ll keep using it anyways since it’s the only escape from this manipulated financial system than runs the world.
crypto has already been adopted by various government called cbdc so it is already mainstream. if you mean the crypto you are holding then yes, i agree it may never be mainstream.
if this speculation had come out five years ago i'm sure more ppl would agree with you. however, it seems as tho there is too much infrastructure and accompanying institutions already in place for crypto and blockchain tech to just vanish. besides, who's gonna kill crypto? the sec? china? the eu? as if! :d
stop it with the realism, i prefer to live in eternal hopium
if i can buy groceries with crypto anonymously without the high fees that i see now, then i would just make the switch to that coin.
counterpoint: even if we weren't early, btc being capped with an ever decreasing supply and eth potentially becoming deflationary creates huge supply side pressures
i am curious if 5,5k people here agree with op, or they just upvoted cause it is truly unpopular.
goddamn this is the most fearsome shit i've read this week lol.
i prefer to lose money rather than losing the best investing opportunity im going to have in my life
large investors that talked crap about crypto are now putting their own money into it. it's going to succeed because of their greed, not because crypto is amazing.
crypto is not only about becoming a currency. there are many other uses through blockchain, verifying items, encryption, secure transfers, ext. crypto in some capacity is here to stay. the ability to manipulate it though might see that it never fully is adopted. we shall see. companies, and banks are starting to use crypto though so there is promise.
i'm not actually sure what mass adoption means. zelle and venmo are solid and fee-free. mass adoption does not appear to be the issue, it is that banks are innovating too. anyway, prices are all based on speculation right now and often controlled by whales. mass adoption wouldn't necessarily mean prices going up. if you're just in it for the tech, use it, do not hodl
it will continue to be absorbed by institutions to better control its fluctuations and then totally to the point where it will be inthistinguishable from fiat.
it’s also possible that cryptocurrency fails in its current iteration but comes back later more advanced and more robust.
how dare you be realistic and reasonable here!
lots of crypto projects will never make it. i think bitcoin is proven at this point and will continue to see institutional adaption. then again, it’s not early with btc, maybe the 3rd inning. most nfts will probably go the way of icos. stable coins are going to play a major role in the future of finance.
i doubt that the concept will fail entirely. however all the hype, and the spamming of new coins, especially since january has me kinda worried. imo people care way to much about things like market caps, and not enugh about usage & adaption. if your coin doesnt see any actual use outside of hodling, then how is it usefull?
too much money and vested interest for them to go poof, but who knows what mainstream adoption will look like or if it ever arrives.
take note everyone. say a real unpopular opinion to get max moon thistribution
until transfers are faster and cheaper, it will remain niche.
as far as i'm concerned, it is becoming mainstream. for youngsters like us know that it is not all that difficult to use crypto, you just have to wait till we become the next generation. hell, even half of the world still have no access to the internet, and saying internet is not mainstream is silly. i mean i understand your concern, but this new monetary system was invented 11 years ago. and traditional money has been around however long humans existed. things like this will need more time to mature.
well the us government is thinking about making a digital dollar cause they realize they’re being left in the dust so i’d say highly unlikely
i'd say there is a chance we're too early. but the idea that a financial instrument like bitcoin never takes over is highly unlikely... unless we blow ourselves up too quickly
this is why i’m not a 100% crypto investor and have diversified, i’m like 30% crypto
for the average person, blockchain and cryptocurrency are difficult to understand, and there is a whole load of barriers to entry. for you as a person who 'gets it' it might not seem that way, but the average person has no idea how to even buy some cryptocurrency, never mind understanding storage and wallets. until the barriers to entry are much lower, mass adoption will be very difficult. in addition, the above does not even touch on the fact that the most popular cryptocurrencies are not actually currencies to be used in the exchange of goods and services, but investment vehicles for people interested in gaining more fiat currency. that mindset of investing in crypto to get 'fiat-rich' has to change also.
crypto has already lost its way ideologically, it is centrally controlled by whales, big investor, popular figures. how is this decentralized? and it is gonna get only worse from here onwards. governance through staked coins will essentially mean; whales will control the protocol itself too.
as som3on3 on the outside with no stake in crypto you all tend to sound like the qanon nuts in that the big event is always right around the corner! dont worry guys it is about happen hold onto ya booty i feel like i have seen posts like that coming out of here for months when i pass by
i feel like there are more people, like me, who buy crypto just to try and ‘make a few bucks’. i feel like i’ll never truly understand or want to understand it, just want to not be poor.
there’s always a chance that some black swan event is gonna eat the whole market, but honestly crypto is the kind of tech that once it has been invented there’s literally no going back.
most people think you have to buy an entire one bitcoin to own it. yeah... we're definitely early.
true but i think it’s similar to credit cards. no one wanted them and it took decades but now you see signs of credit only, no cash… and checks? only very old people.
started off great but still ended up saying you are bullish so not quite unpopular. more of a karma grab
one of the very few actual unpopular opinions i read in this sub.
it'll be adopted. but will it be the stuff we look at on coin market cap? 95% there will die. or will big tech and business just make there own blockchains to use. like jpmorgan chase's onyx. facebook, microsoft, etc already working on theres. will it crush the little guys whose coins we are gobbling up? invest wisely. know when to take profits or you might be hodling .00005 doge coins someday
it is not an unpopular opinion, people just dont say their doubts out loud for two main reason: if you say it out loud, it makes it true. and second: downvotes. everyone is dosed on hopium here and you just cannot come into junkies nest and talk about about our drug, hopium. what you said is actually quite possible. that is part of what makes it interesting. social experiment. :) lets all hope it gets accepted (see, im already on hopium, lol).
as long as people believe in it,it has a chance...
if the fundamentals are solid (and i believe they are) its far more likely it will just be co-opted by the powers that be. look at the big players in banking and tech. they got to being mono**and** buying out their competition. we are already seeing huge amounts of traditional finance money pouring into crypto. this will continue to happen into the near future, they will back their horses and those will be the ones most likely to succeed. government will want their slice and regulation will follow. like anything else we will have the chance to make out like a bandit, you just gotta luck out and ride with the big money.
until it is as easy as a debit card and direct deposit, it cannot really be mainstream. amazon accepting direct crypto would help things immensely.
could be true buddy
ok moon farmers take note. actual unpopular opinions get upvotes, not unpopular opinions that are actually popular.
or worse it, it could be adopted by the masses for only a short time like 8 tracks. edit: this is a joke. don’t get your proverbial panties in a bunch 😂
i fully predict world governments coming out with a central bank currency that works very similar to crypto, and the public being amazed like it is magic while we've had that shit, minus the propaganda and advertising ability, for years now lmao.
i don’t think crypto will be mainstream. it will be in the background being used by many unknowingly
nothing will knock bitcoin and ethereum off. both are decentralised and nothing like them will occur again, they have first mover advantage. solana has a good use case but it’s not decentralised and doesn’t have anywhere near the same amount of devs eth does.
never ever forget that at any moment, you could cease to exist.
that’s just the game we play. i would rather lose money than sit on my hands and never at least try to make any through crypto
you want optimism go check out shibarmy
"bring on the downvotes." -> gets 7,1k upvotes well played, sir.
so i am a newb to all this stuff, but one very big thing, i could see adopted is the transfer of wealth from one person to another by converting fiat to crypto. which is already being done. have any of you guys ever dealt with western union? it costs a lot of money to transfer money to someone using their system. plus you have to stand in line, fill out forms, provide 2 forms of id. right now, i could go on coinbase and convert my money to crypto and then transfer that crypto to anyone who has the app, where they could convert it back and get their money. right now, the downside is you still have to have a bank, but i bet soon, there will be ways around that. at a fraction of the cost of places like money wire services.
i think it’s the biggest load of ba**s as an investment but the technology can change currency as we know it
>(like many technological advancements and inventions have failed to do) world only needs one or 2 computers. and the classic from a crypto hating clown "... by 2005 or so, it will become clear that the internet’s impact on the economy has been no greater than the fax machine’s.”
is true but idk the darn circle k has a darn crypto atm now it seems like we are on the gradual coast into more mainstream
upvoted because having a 360° perspective on things generally benefits the possessor.
mass adoption means that i can get my paycheque in doges or dollars. and the clerk at tim hortons says, "cash, credit, or crypto?". i'm not seeing that happen. besides, most of the people who've kicked some money into crypto are saying things like, "i made 5,000 dollars on crypto!", "i lost 200 dollars on crypto.", etc. people talk about crypto's value in benjamins, lizzies, loonies, and euros. they do not give a shit about the "currency" end of cryptocurrency. blockchain technology will move on and be leveraged elsewhere.
“crypto” will eventually reach mainstream adoption, but who says it is these existing chains and not a private -centralized version? i’m sure google, fb, apple, other tech has plans here - why use an over-valued chain that has tech problems (can you say gas, slow transactions, high power) vs create their own that has more value to mainstream users?
this is a popular opinion. just not on r
it's too volatile. it's as simple as that.
just as with gamestop, the instant that the "wrong" winners show the capacity to thisrupt the status quo (such as successfully boosting a system of currency outside the control of the central banking system) the government(s) will shut that shit down. cryptocurrency may continue to be a viable currency for transactions outside the "legal" banking system, but it will never become a "mainstream" anything. blockchain itself, however, is definitely a technology to invest in. that will likely trend upward regardless the success or failure of cryptocurrency itself.
if it stays unregulated, this is a literal guarantee
this might be unpopular but it is very realistic. the current financial systems and us government are not going to let the us dollar just fall from grace and be replaced by crypto (unless they make their own crypto). they will destroy the world before the just let it happen. the way the financial systems work now there is so much opportunity for corruption and manipulation as well as power and control. if anything they will just take control of crypto. and we will probably have a period of various types of coins that move to some sort of black market as defi battles it out. or there is a new technology that replaces the crypto we have today.
i think the tech is going to stay and will be widely adopted, but the coins may not. having said that, the coins and investment are what driving the tech development. so as long as blockchain is not widely adopted and accepted, both crypto and the tech still have a long way to go.
regardless of what happens, this subreddit definitely needs more skepticism. making a hero out of bukele was particularly thisgusting. crypto has several problems: 1. it's already dominated by the super rich, who had thisposable income to toss a bitcoin eight years ago. if i had extra millions laying around, i would have thrown some at bitcoin. why not. bitcoin's wealth thistribution is worse than north korea. we can stop pretending like crypto is going to save poor people. it is a rich person's game. 2. tether. we all know. 3. nfts are total bullshit. people paying for text files saved to the blockchain. absurd. 4. why does crypto need to be publicly traded? for example, if a bank wanted to move wealth easily between two different institutions, it would almost make more sense to use xrp as a technology (stablecoin) to transfer and receive the wealth on the other end. or some other tech. 5. blockchain technology is not as innovative as the internet. it's a minor change to the ledger system that eliminates the central validator--which mostly helps people commit crimes. valid use cases here are not abundant. darker questions: 1. where would all of this wealth be going if it were not going into crypto, which is basically gambling on internet currencies? the stock market. the stock market is worth . if crypto goes 10x again soon, no one will be investing in real businesses. it's super messy. 2. at what point does crypto destabilize the dollar? there are crazy, real-world issues with this happening. namely, if the dollar loses all its value because crypto takes over, many people will get left behind. and then being your bank will become extremely dangerous. 3. the threat of crypto crime is very real. instead of banks being targets, people will be targets. if someone really wanted your crypto, they could almost certainly get it.
bro look how popular this opinion actually is hahah
a counterpoint i would add is that it does not need to reach mainstream adoption to still be successful. especially for certain crypto that are heavily utilized, or can be heavily utilized. however, it would definitely spell thisaster for the cryptos that do not really do anything or are mostly used for payments. that's why i only invest in projects that have actual utility instead of made up use-cases like "store of value".
crypto is not a religion to believe. it’s science and vision. you need to understand it and get it, thats all.
there is a very real chance crypto implodes at some point. it is very new. it is conceptually different to the lay person than fiat. most importantly, if a national government decides crypto is a threat then its only a hop, skip, and jump to a law that criminalizes it. on the plus side, the more banks and institutions adopt crypto and the more widespread the investor base becomes, the result will be more pressure on governments to legalize and adopt it. big caveat: anyone who thinks governments are going to allow a truly unregulated, decentralized system beyond their control are dreaming. they can and will crack down to regulate the crypto markets.
you guys keep treating it as a stock. so it stays a stock. its like asking people to use shares of apple as currency at walmart. never gonna happen unless you start using it. but you cant "hodl" if you use it. its your own damn fault. keep trading it back and forth between eachother as a store of value and thats all it will ever be. i want to see it replace fiat, but it kinda seems like the crypto community just wants it to stay a stock. even the term "crypto investors" for people who own it proves this. not crypto users, but investors. i have yet to ever meet someone irl that thinks of it as anything but a weird stock option. nobody understands anything about crypto except that it can be bought low and sold high. its a stock. you've bamboozled yourselves into thinking it can ever be anything else.
crypto is a money generator for most people. its just too volatile to use.
this post feels like deja vu. it's almost as if i've read a similar opinion and many of the comments before. 😯
same with cell phones and internet...
well, it depends on what you call "mainstream". i mean, the stockmarket is not as mainstream everywhere, theres many many millions in every country that do not interact with that or bonds or anything, so technically you dont need it either, you just need it to evolve and if you are after it as investment, for it to grow, which would happen regardless. even then both stocks and crypto adoption are somewhere bwtween 10% and 50% so is not that small either so, imho, yes you are right, it will likely never be something most people own because is just too niche, too volatile, even if your hypothetical country decided to use a cefi crypto for tracking purposes, i would still bet most people wuouldnt own other crypto either, the thing is, as aforementioned, is not needed either
this is what stopped me getting into bitcoin in the first place. i did not believe it could survive long term. come 2017 onward, it is become its own class of assets with enough people invested that attempting to over regulate it would be a political suicide. i think crypto as an asset class is here to stay, but any particular chain could still fail for a multitude of reasons.
imo, just like common internet transactions, many 3rd world countries have anywhere near the adoption rates of regular digital transactions e.g mastercard, visa, etc. in developed cities like us, germany, singapore etc, digital transactions are able to be used anywhere and anytime at any city big or small while in 3rd world countries many areas use hard cash and coins crypto is as big a leap from digital local currency as credit. it will take far longer than we think to reach full proper adoption. if not all countries very widely and readily accept internet transactions. how can we expect crypto to suddenly sweep the world ?
i always thought if stock markets crash like 2008 again people would switch but i guess the crypto markets would crash too now 🤔
lol it will never become a mainstream currency as long as people treat it like an equity holding.
that is quite an unpopular opinion but with the rate at which adoption is growing, i doubt this would be the case. in 2019 we already had the likes of audi spinoff project, holoride building a blockchain automobility product, some banks are already adopting btc and nations like el salvador making crypto a national currency, well this is just the beginning
i like how they play devils advocate but crypto is gonna change the world (eventutally)
"bring on the downvotes" the subreddit uses reverse😂
reality checks are always good and necessary. i do however believe the vast potential is not understoood by the majority of the population yet
crypto is here to stay. the technology it presents is large and varied, even if most do not get massive adoption, it is unlikely that none will. however, there may be a huge crash someday and a gradual recovery which will help remove a bunch of shitcoins and reign in speculations.
you are never too late to invest because the world is build on an inflationary system.
definitely a possibility. lets just hope we early tho!
there is a chance that we are not early? but what about those nice people that tell us we are still early 10 times every single day.
ok hear me out. not here. outside.
more than likely it will not happen the way you think it’s going to more likely a new “crypto” currency will be created and become hosted by a state entity
don't think this is an unpopular opinion at all. anything can happen.
"unpopular opinion" \> im strugling to find someone that thisagrees
hard truth = 😴 absurd optimism = 😀👍⭐️🥳👏🥇
that's what most people who are not in crypto think. how's that unpopular?
that is why contrary to the popular sentiment here you should be selling and taking gains instead of blindly hodling. if it goes back down you would not even feel bad because you can load up for the next rise to sell.
this post has been high jacked by buttcoiners
bitcoin may be too expensive and slow and even charge fees on centralized unsalable ln but iota and hathor are cheaper and faster then fiat. fee free is the future and everyone with half a brain knows it.
part of it is because it has been turned into a speculative asset.
the hard part of being on the cutting edge is being on the side of the cut you plan on keeping
while maybe not reaching mainstream adoption i do think there will always be a sizeable niche for crypto particularly with the rise of the metaverse.
ppl need to stop with the stocks vs crypto. they both have their value. if you truly want to build wealth and grow your portfolio, you should be holding both.
if crypto want to be mainstream, it has to deal with the fact that right now, there are a lot of shitcoins being shilled and paint crypto in a badlight. i like crypto as a concept, but now there are a lot of greedy scumbags that is using crypto as a get rich quick scheme rather than advancing the reach and utility so it can be as widespread as fiat. the community as a whole needs to put a stop on that and use crypto as an alternative means of payment, not just funny internet stocks.
maybe the currencies we see today are not the future and those projects are gonna die, but the blockchain technology simply can’t go away.
mainstream adoption of a non-state uncentrilsed crypto is unlikely to get wide spread adoption as but a state sponsored centralised crypto is likely. possible in future only state-backed crypto will be protected through legislation and insuring non state crypto near impossible. this will reduce peoples over all confidence in the instrument if not held at the same standing by institutions (mainly states to settle trades)
dang, that would really suck
i think play to earn games are doing a great job in introducing people in poor countries to crypto. especially since those places might have barriers of entry into the banking system. of course, if you are in the us or europe, you do not need crypto but if you are in venezuela...
i’ll reply like so... if i had 1000btc today i’d cash out tomorrow. that said, blockchain as technology will be as widespread as electricity.
wow you guys get fud too
also, one day, one of the popular blockchains will get hacked or have a serious flaw that someone is able to exploit. the day that happens, everyone will lose confidence for a very long time.
the irony of 1000s of salty fudsters calling the death of crypto is hilarious. hope its not lost on them
well i think that is why if you invest in crypto you should also see the importance of websites like paxful and even purse with amazon to give the consumer a way to use their crypto. if the e-commerce world adopted crypto as payment that would be amazing
very true, but we would not know till we go through the whole evolution. i personally think we are still early, just laying down the pipes of blockchain.
obv no one can’t predict the path of crypto, but it’s deff most comparable to the .com bubble imo. cream rises
upvoted for a truly unpopular opinion, normally you would be downvoted and kicked out of any coin subreddit for even saying this
crypto will only succeed when the average user cares about understanding the tec instead of coming for a quick buck because some influencer told them they could 'get rich quick'. but as another post stated, is crypto really decentralised when drastic price movements occur on the tweet of a billionaire or big companies owning 70% of btc market supply.
central bank digital currency will replace the current block chain currencies.
ok but wen lambo
i think crypto will be properly adopted into the mainstream, but there will be only a very small handful of coins that make it, not the seemingly thousands that there are now.
i completely agree with you. there are a lot of obstacles for crypto adoptions : 1. the main one : countries and national banks see crypto as a threat. big countries as china started to ban crypto for domestic transactions. if you cannot use it in daily life, crypto will make no sense. 2. it is still too complex for non-tech enthusiasts. as long as my parents generation cannot buy crypto by themselves, it will be useless. sure i want to pay my rent in crypto, but my 60 years old owner do not even know what is a btc wallet. let’s not even talk about “small coins”. 3. the crypto market is too wide. i think we are all in the same situation here, but i have at least 20 wallets, 10 exchange accounts, 10 crypto apps on my phone…because each app. it is impossible to handle for non tech enthusiasts. 4. people do not want to take responsibility of their own money safety. crypto are great because you don’t rely on a bank, but banks are doing all the safety job for you. remembering and organizing safely 10 or more private keys is not easy. we all know people who lost access to their wallet because of a hard drive failure or a password loss. if everyone uses crypto, it will happen too often.
not unpopular. it's rational to consider this as a possibility. additionally, the community should consider what are the critical factors that would support cryptos success's or it is demise. this informs the community on the risk. it's all helpful.
everyone will have to actually start using it for it to be mainstream. so spend it. seriously, it’ll do nothing unless people spend it and make it into an actual used currency and not just an investment piece
i think one of th le main obstacles to mainstream adoption and one that few people here talk about is: crypto is difficult, too difficult right now. using defi means you have to read lots, understand how to transfer, what liquidity pools are etc. even well seasoned crypto users still make mistakes and lose money because of it. if that is the case then how is average joe and not so smart susan going to use this?
the biggest barrier to crypto becoming mainstream is that it is still spoken about in fiat currency terms. people do not view it as a usable currency, they view it as an investment that they measure in fiat currency. with that mentality people have the fear that if they spend some of their coins on something, they will end up like that guy who bought a pizza with 3 bitcoins. so people are going to hodl and never actually use the currency. that's the biggest barrier. and i cannot see a way around it, as long as fiat exists crypto will be thought of as an investment, and without crypto becoming mainstream, fiat will never lose its primacy as the measure of value. it's a catch 22.
again, it does not need to go mainstream, it only needs to perform better than legacy assets.
it's a fair point to make and i'm sure that majority of the crypto adoptees feel the same. unfortunately, it is the maximalists whose voices are being heard given they are the loudest. they are fooling themselves by thinking its a 100% given that crypto will make it. crypto is a solution to a problem. in the event, the problem fixes people would not change their opinions since it is easier to stick to what we know. the likelihood of problem being fixed is another thiscussion altogether - but i think we know where that is headed.
that's why there is a saying: "invest only what you can loose". majority of users here think they know what'll happen, but 0 of them actually knows for sure.
i'm rooting for its success. a lot of people invested into it and hopefully it leads somewhere to prosperity.
i think that the amount of utilities where blockchain can be useful is massive, you could literally replace a login system by using an nft, and this removes the cost of mantaining a database, a website, etc for the currency i'm not sure yet, but seen as a long temr investment, btc and eth are providing at least x5 : it is massive; the fluctutations forbid do use them as a daily currency still though
whats the opposite of hopium? this guy overdosed
20% of adults owning anything is pretty mainstream imo. only way to get more mainstream is if mutual funds and 401ks start picking it up, or more businesses buy it up... but for individual investors, i do not see it ever getting to something like 50%. more people on a % basis own crypto vs having a brokerage account.
agreed. i think something will replace fiat as most prominent and it will be internet-mitigated, and more secure, and most likely will be crypto but ... could be an entirely different type of currency that we do not even have the most abstract models for yet. the future is very hard to predict, just ask crypto 😉
and that is why you should take profits.
new generation of adoption right now i think where mainstream already
i do not think you are right. maybe it will not be adopted as a currency for mainstream, but several blockchain applications will run in the background without general population knowing about it.
i'm waiting for this sectors version of the dot com bust. everyone is gonna lose a lot of money, but the result will be wiping out the hype, and letting the best of the sector emerge from the ashes.
i think that the future of money is digital. this does not mean it will be the crypto currency we are experiencing today. could be an evolution of this technology, but it will happen.
honestly, whether you think crypto is the future or if it is a hopefull flop, there is something that crypto has proven the benefits of: blockchain technology. it was not too long ago that a hacker exploited a hole in an exchange's security and stole a bunch of crypto, only to find it be worthless because anyone can look and see the addresses the crypto went to and blacklist them. good luck getting a retailer or exchange with your ssn and identity to not alert the authorities if you try to cash in from crypto that came from a marked. maybe monero's obfuscated blockchain might hide someone but i have not looked into that. point is, i can easily imagine companies and firms will use blockchains for things that demand authenticity and transparency. i'm planning on investing in the companies that embrace it because i think this tech will give its first adopters an edge over competition.
maybe not in our lifetime though. legislators and supporters of the legacy system are scared of change, especially such radical one.
that chance is why we are early ;)
i do not see crypto replacing the banks anytime soon. in my eyes, mainstream adoption means banks will offer custodial bitcoin and lightning network accounts. the average person wants someone to call if something goes wrong or they do not understand something. being your own back will become, or already is, a poweruser feature
i thisagree. not with your idea that crypto won’t become mainstream. just that crypto won’t make it. it already has. it’s inevitable that different ones will come and go, even eth, ada, btc etc could meet their ends. i think that will only happen when better ones appear down the line with even fancier tech and possibilities. crypto won’t thisappear though. digital money has been around longer than crypto. look into the origins of egld in the 90s, i believe it was. we are 3 decades later and it’s still going, albeit rebranded. btc appeared mainly due to poor mainstream financial systems. the banks will adapt and find new ways to screw us. maybe a new form of digital gold, a thisaster which may even be crypto itself. new forms and revolutionary ideas will appear in their place. the core ideals of a free financial world will never thisappear. crypto might get rebranded again down the line as something new, but it won’t be a failure. just another financial experiment in life
yesterday i saw a crypto commercial for the first time on belgian tv. and since last week some public parking ticketing service in antwerp started allowing the fee to be payed in a couple of cryptocurrencies.
u make a fair point
i’ll be honest i can completely understand why governments would move against crypto. the danger is that the richest people would use it to avoid paying any income tax. which would beg the question of where would money for infrastructure and public spending come from.
yah. i’m always worried that major countries like the us are going to launch their own coin and outlaw everything else.
question for the believers. so you think in the future when crypto takes over from real money that there will be one main coin or several equalish top coins?
i think crypto in some form with have widespread adoption but it might not be like it is now
i mean, this is my retirement gamble. so i have a good 30 years to wait.
i’ve been thinking about this a lot lately. to use crypto in daily transactions, wouldn’t it have to either level off in value or wouldn’t every transaction have to check the current value against the dollar? when you go to mcdonald’s, the price in dollars remains consistent for years. but if they were to thisplay the price of something in crypto, it would be constantly fluctuating. i think widespread adoption would cause the price to peak during certain times of day. it just sounds like a hassle to constantly monitor the value
depends what you mean by mainstream. this has all been around for a very long time amongst people in the cypherpunk scene and now reddit is flooded with people who have absolutely no understanding of any of it except for "to the moon!" get rich overnight with no effort, taking out loans, blowing their rent money on shitcoins so... i would say we're already there. that said, this whole "replace all money" business smells the same as "the internet will replace books and newspapers" but you can still get both effortlessly today as the replacement theory is often bolstered by the masses that know the least about the core tech and funded by those who do not care. when tbl wrote http he was just trying to solve a simple problem, not overthrow democracy with memes about horse pills. it was "mainstream" before the money showed up.
personally, i believe true adoption will take place when the average joe on the street can carry out minute transactions and would not be priced out by the gas fee. certainly, there will be more crypto designs that will target these easy transaction modes.
i think it is less likely that "crypto would not make it", but more likely that the coins that will actually make it are yet to be minted and that those early adopters will profit the most, while some of the coins that had early success might end up being bagholders. early adopters have increased chances but also increased risk. but there will be a lot of chances to be an early adopter of a new coin coming and some of them will make their investors rich and some of them will lose their investors a ton of money.
aaaaaaaaand yes, i agree
i'm totally a layman in crypto itself but i do not think, in its current state, crypto will reach mainstrain adoption as full currency; and to do so, it would need a lot more stability in value, so there would be no way for us to be "early" since it would have to stop floating in value that much. however, i do believe crypto as of now has a lot of potential for adoption as an investment or even as a way of saving money without suffering so much to potential inflation, specially in third world countries; and for that we might be early or at least betting on a horse that is much more reliable than it looks. also, talking only about the current state of crypto. there is space for a lot of changes and new trends.
my figuring is that it would not be allowed to. if the source of monies is not the forget-me-not the government cannot exist. the people in power wouldn't want that
i think this sub is mostly so optimistic because you get more upvotes for bullish comments. i imagine a good number of members here know there is a chance all this doesnt work the way they hope.
pull too early and save your investment + gains or risk loosing it all for a million.
way to list out the only two options
the only thing i’m concerned about is an advancement in technology that brakes all cryptography or makes blockchain technology worthless.
since you got 11k upvotes many agree with you, so you are likely to be wrong. anyway, it may not need to reach mainstream adoption. most people do not buy gold, shares, art or real estate.
never is a long time. i think the issue is not solely with the general public. its also us, i think most of us (myself included) veiw crypto as an "investment" rather than a "currency" granted, that may be because its not possible yet to use crypto for your regular every day expense. but even if i could, i'd still likely hold my crypto and only spend my fiat. edit : type-o
adoption of an energy intensive currency in an era of global warming is a wee bit perverse.
i think government regulation is prob the biggest threat to mainstream adoption, but just my opinion.
it seems it is being accepted more and more. of course there is a chance it will flop and many of us will lose our money. but i think the current trend i’ll continue.
we’re here for the technology and friends.
this post currently has 12.9k upvotes, 10 times exceeding many of the top posts here. clearly this is not an unpopular opinion then.
i mean, you’re totally right.
i think it is already there or on the cusp. i saw an ad recently with nph for some atm like machine that turns your cash into crypto. there's a bunch of cards now for crypto. banks are investing if they have not already. didn't paypal start doing crypto stuff too? it could all fail tomorrow, sure, but there is a lot of money already there and businesses moving forward. government getting involved could kill the market immediately, but there is too many of their donors involved now. what's more plausible for me is that the big players like btc and eth hit a point and stop increasing in value. and the smaller ones slowly fade to no value.
really just depends on what you mean by "adoption". "adoption"... as a new alternative currency? yeah, i think crypto is generally a "bad" currency, insofar as it is difficult to price goods and services in it, so those who are betting that in the future it "replaces" fiat are probably going to be thisappointed. "adoption"... as a fintech technology, and payments? as a funding mechanism for public goods? as a social organization technology? as a technology that enables a more robust, user-controlled internet? as a technology that enables new economic models for the creation and monetization of art? there are a lot of avenues for crypto to be more ubiquitous than it is today. people investigating those use-cases are now so sufficiently well-capitalized that i doubt *nothing* will come of it. it may just not be the social revolution in the particular dimension that some people want it to be. at this point, it is the technology stack for a whole field of startups, among which, a few are sure to succeed.
i’d say 50. we make money o r we don’t. also i think btc will go up and down today.
it depends on what future technology comes out that will change reality completely, it will be like the movies one day i think where we go in a virtual reality that these coins and nfts could be used like everyday objects
this is why it doesnt make sense to regret something in the past cos there was always a time when every company or industry was deemed risky.
i think the biggest threat to mainstream adoption would be an effective central bank digital currency combined with an effective whole of government attack on the crypto space. china's central bank digital currency does seem like it might be a pretty decent threat though? i really think this is unlikely considering that the governments of the world are pretty terrible at working together effectively. seeing what's going on in the developing world with their economies and seeing faster adoption there makes me think that crypto is going to be here to stay no matter what. the question of whether it completely replaces first world economies is up in the air for me. if developed world economies can develop credible alternatives combined with effective information operations and legal threats. i doubt that the will exists at this point, though. especially considering the number of us politicians at least giving lip service to crypto. there are just too many ways crypto seems better to me. settlement times in banking and wall street stand out. federal reserve monetary policy. i think it is probable that the entire crypto space at least reaches gold market cap.
idk with the amount of adoption we already like for example people using crypto payment solutions to buy things with their crypto, it is hard to imagine that crypto would not make it. some tokens will fall for sure but crypto in general is here to stay.
this genie is out of the bottle. there will always be applications and use cases for crypto, it is here to stay
despite your statement, looking back in 2017, 2018 or 2019, i see that every year among my environment and people who do not know anything about the world of cryptocurrencies there are more and more of those who learn and are interested in crypto
it’s not about crypto, it’s about blockchain, smart contracts, defi, iot, ai, nft, etc.
as long as i see whales with 5billion+
half of the comments sound like religious fanatics...
most people are buying crypto as an investment to gain profit, but not actually using it. if there is no profit in crypto world, i think this sub wouldn't even exist lol
i remember back when i actually lurked this sub, i’d see people declaring fiat would be dead within 5-10 years and posts like that are why i stopped lurking. not much based in reality around here. all hopium.
crypto may go up, down or sideways
i think crypto will succeed, but the question is whether it will be one of the existing coins or the digital dollar .
never say never; so much money in the “modern” world never actually physically changes hands. all of the movement of money is done digitally. that said, fiat currency is *thousands* of years old while computers are barely decades. maybe we’re not just years early, maybe we’re generations early. we’re like the guys trading teeth and bones while our descendants will have cash and coin, only the digital versions of each.
people are in crypto for the dollars
majority of people in crypto i’ve met are in it for profit, not to decentralize global currencies. as long as this is true it’ll always be considered risky and never hit mainstream.
very popular opinion for anyone not in crypto, which is the majority.
making it or not, crypto is fun. happy to be along for the ride.
i do not think crypto will ever be the currency of the future, all these store of value crypto would not be around in the end. however where crypto success lies is within its utility. reducing international transactions times, building iot networks, connecting companies for quicker and easier transform of money and information, ect.
i mean yeah this is way more likely. it’s been around for more than a decade and…. it’s barely made a dent…
if you want to make 1bn. lot of people are just interested in a money machine, when talking about crypto. the technology is ground braking. we are becoming independent of banks, regulation, official money ... lets see how crypto currencies will be used in the next currency crises.
not a crypto person, own zero crypto, think crypto is dumb. 0% chance it becomes irrelevant. billions are already being moved thru coins (at a time, i mean. billions at a time), countries are adopting crypto for their own uses (central america, i believe?), and numerous hfs and corporations are already leaning into it. at this point, the us cannot ban crypto without hurting their favorite "persons", so we keeping it. getting rid of it would be like wiping out the 'vid, it am not happening.
it certainly will not go mainstream as long as it is this fucking complicated. i am actually interested in the technology and even i get tired of all the hoops i have to jump through.
so the advice that i always reading in this sub that "only invest the amount you are ready to lose" really an essential advice. but i do believe that crypto is here to stay
i think crypto will likely have a role in the future and have more adoption, but i do not think it will be the end of all banks and be the only currency. fiat will likely remain the major currency.
what kind of company would ever accept bitcoin as a currency of payment. since it fluctuates in value so insanely much it will be a nightmare from an accounting perspective. and how many bitcoins would you even charge for the car?! and would the price change when there is a dip?
don't you put that evil on me ricky bobby!
an actual unpopular opinion, and a well thought out opinion as well
imagine trying to post this on the bitcoin sub lol
y’all would have gone bankrupt on beanie babies twenty years ago
at some point the genie is out of the bottle and there is no way back. imho we are past that point. 1. first they ignore you: 2014 1. then they laugh at you: 2018 drop and bear 1. then they fight you: regulatory crackdown since 2018 1. then you win: mainstream adoption, from companies like tesla, twitter, amazon, etc. what we see is an overlap of every stage, but crypto is becoming hard to ignore and hard to laugh at, therefore mainly we are in the last two.
i think that blockchain will succeed as web 3.0 development. cryptocurrencies are just a part of that.
as long as we don’t have proper regulation, you could say we’re early. it’s quite unpopular too i guess, since many people believe we don’t need regulation. but to be taken seriously by everyone, crypto has to be embedded in a legal frame in some form in every country. right now, even tax laws are not final in most developed nations (a lot of grey areas still exist for example).
hot dam an actual unpopular opinion, i dig it op thanks for sparking thiscussion
i absolutely love this post - i'd say we probably are quite late. crypto was not taken seriously when it started, which is probably part of why it thrived. banks and traditional finance did not care and laughed it off. when people say zoom out, i always laugh. the asset class is 12 years old - that is a literal blip. it could easily go to zero. everyone thought gme was going to moon forever, and then banks just changed the rules so they would win. same thing will happen in crypto imo. sure they might not be able to stop it - but they can regulate it and make it so impossible for a regular person to get involved that it may as well be stopped i sincerely hope that we are wrong and it does go mainstream but the pessimist in me thinks this is more likely
beware the crypto-tourists. moons were a mistake.
this may be an unpopular opinion in crypto communities due to them being invested in it, but elsewhere i'm not so sure. if not even the average crypto holder is buying things with it, why would the average joe?
crypto itself will definitely become mainstream. none of the current implementations of crypto will because they are trash.
the thing is, when so many people are hopeful and optimistic regarding crypto, and more coming in by the day, including institutions, i am pretty sure that crypto is never going away, it’s just gotten big enough to the point where too many people are involved, it may not all out replace fiat but it doesn’t mean it won’t get even bigger.
upvoted but i thisagree. if you agree that blockchain is a revolutionary tech, than crypto supremacy is inevitable. it brings a lot of value and can bring financial independence to places that had none: bitcoin is heavily used in nigeria, brazil or vietnam. it's not the rich countries that benefit the most. crypto is a useful tool for the many and the "coins" are just a method of payment for awesome decentralised applications. edit: this is a good explanation of ”sometimes thismissed as a fad in advanced economies, crypto holds more appeal in countries with a history of financial instability” link here:
now this is an actual unpopular opinion. i don’t like it though lol
this is not the hopium i came looking for in the morning
i think the mass adoption of blockchain tech is inevitable. we're certainly early but the future winners and losers in the crypto space are unclear. the market definitely feels frothy considering the market caps of these projects. i personally enjoy the speculation and if nothing else, it shows that alot of people would rather park their money in crypto than the traditional markets.
i doubt that the 'tech' would not become mainstream, but whether any of these projects do is anyone's guess. obviously btc, eth have the edge there for now, but it is still early days and unless eth sorts out the capacity and gas issues out sooner rather than later, it could be thisplaced. weirdly enough, even though i do not hold any and do not plan to, it seems doge also has that name recognition which may just give it an advantage. i do not know how or why, but i suppose when the mom's in my elementary school drop off , then... i do not know. we live in a crazy world is all i am saying.
if you think the average joe that does not know what half the buttons on their tv remote do will use cryptocurrency you're living in the most sheltered bubble imaginable.
total normie out of the loop. don't even have a wallet. it fluctuates a lot, it is confusing, i cannot straight up buy my shopping with the coins in person at a lot of palces, seen one tech shop that took bitcoin, but was dropped quickly, there are so many coins it is more confusing than international currenciees. go to the moon guys but it looks me me like if i replaced all my money with stocks and tried to buy stuff with my stocks.
digital currencies are the way of the future. i can’t tell you if it’ll be bitcoin, dogecoin, or any other active crypto. most view crypto as an investment, and a high risk one at that. for a currency to be successful it needs to have a stable value. a hamburger shouldn’t cost 40 dogecoin on tuesday and 80 dogecoin on wednesday.
if you think federal government is going to allow us to inhibit their ability to print dollars i’ve got a bridge to sell ya
possible. look at linux on the desktop.
imagine if people provided actual studies… well, anything? not just “crypto will reign supreme, trust me bro”, or “maybe it wont, trust me bro”.
yeah also a chance that a meteor hits earth or a solor flare and wipes out everyone ... but till then i would rather be wrong and waste a few k than miss out on a opportunity of the century for my family
as someone once said to me “just think how they brag about crypto. they say “i’ve made so much (us$).” i got no dog in this fight but i thought that was interesting.
this is actually a refreshing change from all the moon talk and just commenting 'bullish'
i only, only, only buy the cryptos which have a use case that a) can only be solved in crypto b) has use cases the non-crypto world needs. to your question, i personally stay away from the phrase "cryptocurrency" in my head, and use "digital money". because i can completely get behind the macro (e.g. the raoul pal view) suggestion that a lot of money will become digital over the next decade. whether it is specifically "cryptocurrency" is up for debate.
more likely to me is that when, it wont be any of the coins people are hoarding today. it'll be some new coin that a) is backed by banks, governments and organizations, b) is way more stable than any crypto we have, and c) has cherrypicked technology from all the coins we know today, which would actually make it viable as a general currency. theres very few modern coins that would even be fit for mainstream use. eth2 has an outside chance, as well as a few techy obscurecoins im not going to shill here. but bitcoin, which is the only thing 99% of people who have heard of crypto know about crypto, is basically doomed to fail at this point. its slow, outdated, and inflated beyond all reason simply due to the fact that it was first. when this magical mainstreamcoin appears and is adopted by, well, the mainstream, what do you think happens to bitcoin? and when bitcoin crashes, which it will, its going to take all other cryptos (that arent backed by giant stable organizations) with it. the only question is how many pumps are left before armageddon.
don't know about crypto, but blockchain technology will, which gives crypto a reasonably good chance to succeed along with it. china already uses blockchain technology, which proves the model works. *"b-but what about regulations from the government?"* it would not stop crypto, the same way it has not stopped the internet from being near impossible to govern.
maybe the real early crypto market was the friends we made along the way.
first post i actually like around here. 100% true, we are always over optimistic and hopefully is true but like i say to anyone who asks me about crypto, " blockchain is going to stay, crypto might not" is more to let people know that is not magical way to become rich in months, but more of a enjoy the ride and if it ends up making you rich then good but if not you enjoyed it.
blockchain technology is already being adopted at nearly twice the rate the internet was. decentralized, thistributed, immutable ledgers having the ability to execute contracts and secure information in a trust-less environment is nothing short of revolutionary. blockchain will not only reach mainstream adoption, it will will be the backbone of a good portion of society. from money to medicine, from contracts and titles… the technology is too good, and we are absolutely in the early stages of development.
coding computers once took a savvy, smart coder arranging punch cards correctly. going to internet sites once took knowing the entire url. building computers took math and electrical working skills. as tech and the knowledge base matured, the skill floor needed to interact with this tech dropped exponentially. you have actual children doing things today that were only done in collegiate labs a few decades ago. crypto, in aggregate, has substantial utility for smart, tech savvy folks. they’re laying out tools to solve real problems and we’re betting on one over another being the better tool. imo, the most likely scenario is mainstream adoption comes through some amount of centralization. you’ll get fortune 100 companies adding tag lines like “powered by ethereum” to new products. that knowledge fans out to smaller companies and that provides the backbone and of easy to use apps for the average user.
yup it’s not going to go mainstream with boomers or millennials, maybe with gen z but the generation after them it will be intertwined with their every days lives, and they would not have an afterthought about it. so i’m in it for my grandkids.
even if it does not take over the world (it will), people will always love to gamble on it. unlike ponzi schemes of past times, it cannot be shut down.
error 404: hopium not found
>bring on the downvotes say no more fam
8 years ago everyone was telling each other they are the "early adopters". people coming now still cannot be early adopters
imagine an older generation crypto so full of bugs that they needed to release a second version, so out dated that they needed to turn into into a burn coin on transactions.
when i went to secondary school we had to write with fountain pens, it was like the worst pen to use (especially for a left hander) now kids use chromebooks. times change.
looking at it completely wrong. it is not 'currency' that crypto is brilliant for, crypto is brilliant due to the invention of the blockchain. cryptocurrencies may not reach mainstream currency use (and why should they?) but the adoption of the blockchain will be here forever. not one of my cryptos in my portfolio will ever be 'currencies'. they will be blockchain companies.
dude i need hopium, not wakeupium...
i think it is important for people to diversify. if you are overexposed to a stock, a coin or a specific asset by having 100% of your portfolio in it, it clouds your judgement. your brain will not be able to be critical of the asset, your brain will lie to itself. don't marry your investments, it clouds your judgement. diversify. i have a feeling a lot of people in crpyto are 100% into crypto, without exposure to any other investments.
i mean crypto is in total worth i believe over 2 trillion and bitcoin and etherium are in equivalent size to the top 10 companies in the world. maybe it grows or you invest in other currencies but given the popularity of crypto it definitely is not early.
i read about it ten years ago. the purported benefits were that it was allegedly anonymous and there was no transaction fee. the downside was that there was virtually nothing legal to buy with it. since then, the five eyes nation states have gathered the computing power to track how it is being spent, removing the anonymity, and the cost of generating new coins has increased to the point where transaction fees now exist. and there is still nothing to buy that dollars do not work equally well for.
i don’t even understand what it is and i’m not dumb. the average person is very dumb. so good luck you guys.
it wouldn't even matter. even right now it is very successful when so few people engage with it or heard about it. bitcoin is store of value. this is where we store and grow our wealth, that is it and it is working perfectly.
i have not seen any academic articles on this yet, but someone i know made an interesting economics argument that is stuck with me for a while now. a lot of people are highly focused on cryptocurrency because they think it will become more valuable as time goes by. that actively works against its intended purpose as a \*currency\* - people do not want to spend it, they want to invest in it. lower "flow" of bitcoin necessarily limits the willingness of businesses to accept it; why go through the hassle of changing? i'm in no position to predict what will happen with cryptocurrency, but i think something's going to have to change if it is ever going to hit the mainstream.
never invest more than you can afford to lose
well this has turned into a cesspool. i think just the fact that this is being so hotly debated will tell you all you need to know. i mean jesus you can go buy options on some shit company and lose all of your money in an instant but the risk and volatility of that apparently doesn’t matter to people. when it comes to crypto though it’s all a big pyramid scheme even though every coin in the top 10 is up thousands of percentage points. come on guys just let people do what they want to do, crypto is neither as good or bad as people say it is. never listen to the edges, listen to the facts and the middle.
everything is a risk. do your own research... blah blah blah. i am poor and not missing out on possibly not being poor.
crypto is here to stay, that is why goldman sachs has started working on crypto. it is a massive store of wealth for people trying to keep their funds secret. do you really think that is just gonna fail? lmao
well of course, anything can happen.
k, i mean, ill still keep earning over 1000x the interest my bank gives me in defi either way.
now, this is an actual unpopular opinion. nice to see conflicting perspectives on this sub. i still think we're going to the moon
i have faith in the technology crypto has to offer to some of our outdated process and that alone will push adoption.
ok, but what else?
i do not thisagree, it is a healthy dose of reality check and an expectations moderator. honestly i'm putting my extra money in crypto bull runs now because - why not? screw banks. i'll grow my money myself.
the opinion may be right or wrong but the fact is people are believing and investing in the digital currency more than before.
the technology is being adopted rapidly, but for how long and how far is what we do not know. and there might even be better tech replacing it. another issue is fiat. fiat money have state legitimacy, and that is something that is hard to replace. nation states can use fiscal or monetary policy to protect their fiat value and enforce it to society. that is something decentralized finance are lacking. centralized finance is not always a weakness, it is just a different kind of money.
i love this post
i think a lot of members here are well aware of this possible outcome. everyday someone will come out here and state the obvious under guise of "unpopular opinion"
we are definitely early regarding adoption. but we might be ahead of ourselves with valuations. adoption is usually slow in the beginning only to accelerate late middle of the adoption curve. it could take a decade before adoption grows into current valuations. if so, then total cc market cap would not go much higher for a decade.
why yes. it’s risky. i just believe the risk is in our favour but hey you never know for sure.
why would you just kill all my hopes and dreams like that? not cool dude.
anything is possible and no one knows for sure
so all this and it fizzles out? it's possible but i would not think the days ahead are good if that is the case.
i’m not really sure this is possible, myself…i mean sure it’s possible eth and btc never make it, but i fully believe that crypto is a part of the future one way or another unless we somehow lose our technology advancement and get reset to the stone age. i believe crypto and the future are just one of those things that makes complete common sense and to fight against it is swimming upstream.
mainstream however does not mean replacing fiat... maybe it replaces credit, loans etc... who knows. every day there is a new use case, just look how quick nfts have exploded in the last few months
ain’t it already mainstream? i’m not subbed to this sub or really a fan of crypto, i just saw this in popular. crypto is a trillion dollar industry, last i recall. it’s pretty mainstream, it’s hard to find someone that hasn’t atleast heard about it.
how would this post actually work in real life? how would we not use crypto? in other words, what's an example of an innovation that came out and then "did not make it"? i guess one thing would be segways. we all thought they would be everywhere, but we were wrong. can crypto be like segways? i do not believe so, because it solves a fundamental problem: central bank control over currencies and inflation. segways do not do that. most people are fine with walking, and that is that. imo what's much more likely is that crypto will indeed take over, and then we're gonna be in a world of pain and trouble because 1. we cannot devalue our currencies when we need to 2. we'll live in a deflationary environment like the great depression so i believe what this post posits is unlikely to happen, but in the alternative where crypto wins, it is not clear if it will be all roses.
but at least i was here even if it does fade into history and is replaced by something better. i’ve learnt so much about the tech and hopefully have some understanding that if something better does appear i’ll take a risk and invest a and that too. crypto also taught me to budget and balance investments with risk, so i’m not completely ballsed if it goes.
some big institutions are already holding btc and eth. the others will follow like sheep.
nothing is guaranteed in this world but if i had to bet my life that mass adoption will or will not occur and am betting it will. the current financial system is shitty in so many ways, its so slow and clogged with bureaucratic red tape and really just a massive pain the ass to deal with from an individual business level to a business level. crypto cuts away so much of the bullshit, the only downside really is the volatility (for general use not so much from an investment perspective) but with mass adoption that will be mitigated over time. the main thing holding it back we still have 2-3 generations living on this planet that grew up without much exposure to technology and they are either ignorant to these innovations or too intimidated to try and learn about them and take advantage of them.
at adoption of cryptocurrency by banks and common man: why would anyone think that banks wouldn't just make up their own crypto leaving everything else behind? if there is so much money in this why wouldn't banks want some of it?
what crypto are you talking about exactly? there are literally thousands of coins, and lots of them have different features or use cases. anyone that lumps them all together and says their opinion is that "crypto never reaches mainstream adoption" should not be taken seriously. some crypto projects are intended as a currency. some as a store of value. some as a digital receipt. some as a transactional token for actual digital storage. some as decentralized contracts for money. some for decentralized contracts for other goods. there are so many different projects being worked on, and thousands of companies are investing money to build tools and infrastructure on the back of various crypto projects to suit the needs of their business. anyone who says "crypto" will do anything but lead to new tools, technology, and ways of performing tasks is absolutely incorrect.
well worth questioning and building up signals for either way to keep an eye on.
f*ckkkk already shilled to all my friends. i will have to find new ones 😅
i think the beauty of crypto is that the people decide what will happen with it, not the top 1%. of course big companies and governments could slow the whole industry down, but if something is decentralised then you cannot get rid of it. maybe they ban crypto in the usa and the eu, it would be a worse case scenario, and some of the little project could got canceled but you cannot get rif of big blockchains and people live in the eu and the us would eventually find s way to continue investing into crypto. i cannot imagine a future where every country join to end crypto.
as long as the entire crypto market cap continues to rise, there is more adoption. when that stops... then we can talk
i do not see it becoming mainstream unless a few things happen. it becomes more "centralised" and "traceable" to the point that real governments are comfortable incorporating it, maybe even initially starting their own. say usa or somebody might actually start their own cripto currency and roll it in to everything quickly. no country wants to go broke overnight, create a system that could be more easily manipulated, or create a financial system it cannot monitor. or countries have largely capitulated to mass unregulatable globalsim, to the point that different currencies are not important, as we are all using the one system.
it’s great to see not blind belief into cryptocurrency because whilst the technology is certainly revolutionary, i’m sure we all have stories of us explaining btc, eth etc to a friend and them being too lost to care or unable to understand. at the end of the day an investment is an investment and it has the possibility to go tits up no matter how “fool proof” it may appear. for me though, crypto has been vastly outperforming more safe investments and has the definite potential to reach a more mainstream audience for those who want capital which will withstand inflation. for me personally, am already poor and want to escape the 9-5 and live life on my own terms. i’d rather take this chance and learn than miss it.
enterprise adoption on its way with ibm and hbar (hedera hashgraph) plus many more big organizations [ibm sand hedera hashgraph blockchain interoperability ](
i had that thought as well. but i think new people are getting into crypto space everyday and the adoption is going higher. probably each one is just copying what the other did without much idea. this is still a wild wild west. no one knows for sure what’s going to happen in next ten or twenty years. but it’s an exciting ride. i’m just going to ride this till it lasts. this could be the next internet or next beanie baby bubble. either ways, we’ll get an exciting outcome. just don’t put too much into cryptos that you can’t afford to lose
i know people do not want to hear it, but as one of those people who have been waiting for mainstream adoption for years, i'm starting to wonder if it will ever happen. maybe it will be like stocks. most people do not own stocks, but no one would say that they do not know about it.
the pace of adoption will vary from one society to another. watch growing, younger regions like africa, or places in economic and.
this post has attracted a lot of crypto haters
i do not think "regular" users really can impact mainstream adoption tbh. has to be through institutions. sadly
for mainstream adoption, cryptocurrency needs to solve a problem in a way that makes it easy enough and worth it for people to change the entire way they work with their money. for the vast majority of the world, that just is not the case. maybe someday that will be the case, but it is far from that right now.
i’d even argue there’s a good chance of that. but the risk. overall though there’s a really good chance in 10 years many of these top cryptos are worthless. they need to both pass the adoption hurdle, avoid government fuckery, find a way to monetize, and if all that happens hope another one of the hundreds of cryptos doesn’t do it better. still bullish but it seems like the prevailing though is these “solid projects” will all survive and thrive which is dead wrong. solid projects die and go bust all the time
we will see what mass advertising does for the global market before we can come to a conclusion
so many misconceptions in the comment section it is almost unbelievable. and that is in the cryptocurrency subreddit. idk what i expected but we're still so early 😂
i definitely agree that bitcoin has already reached mainstream adoption. whether or not other cryptos do, or whether or not any completely replace world currencies would be a transcendent level of change far past mainstream adoption and a way different thiscussion imho
crypto is new to the masses, but has been around for over a decade, at least. it’s already a worldwide phenomenon. the anonymity and decentralization is too appealing for so many worldwide. it’s here to stay, or evolve into something else imo
i think blockchain is certain to get mainstream adoption, but most modern cryptos will fall off to the wayside or be a collectors. i think the most likely success scenario is blockchains managed by major banks, currency representation on the blockchain by linking of serial numbers to uuids, and digitization of most property records be it houses or your electric teapot. this gets most of the advantages of blockchain without changing anything for your average joe who still swipes a card or taps their phone to pay for something.
i think for mainstream adoption it needs to start being used for day to day transactions…getting paid in crypto, buying things in crypto, etc. right now nearly all transactions are trading and speculation. one problem is that governments and banks hate it and will continue to get in the way. i saw a lot of promise with icos, but then governments started coming in and cracking down on those. the way the irs taxes crypto is horrible…and some crytoanarchists may say crypto exists outside of their jurisdiction, but unless you live your entire life on bitcoin.
fud - governments are adopting blockchain infrastructure. it's not going anywhere, and actually has been adopted in more applications than most realize already.
one of the problems with crypto is that it is not a perfect drop-in replacement for fiat. need to reverse a fraudulent transaction made from your wallet? too bad. your exchange got hacked and everyone's crypto was exfiltrated? too bad. there's no authority to appeal to because that is how it was designed. in contrast, wire transfers can be reversed up to several days after they were initiated. that's a major benefit to centralization that no one talks about. there's no room for human error of any kind in the cryptosphere, which will make widespread adoption really difficult, especially given the lack of regulation around it. it's also really unstable and is every bit as susceptible to hyperinflation as fiat is. if a new, environmentally-friendly token comes out that everyone jumps to and everyone starts selling bitcoin, somebody is gonna get royally screwed.
this is actually popular opinion judging by comments.
it's a chance but i dont think its possible. some banks didnt allow their employees to buy crypto. definitely not because they were worried about their employees but because they dont want adoption cause it is a huge threat to their established buiseness. like whales sent 1 billion in bitcoin and the fee wouldve been like 2. human greed is unending people now are getting fomo after hearing the very early people turned 10 grand into 10 million. idk about all crypto but now some are just ipos or kickstarters for buisenesses or ways to secure funding for companies.
there’s money to be made so i doubt it
fiat is here to stay unfortunately
honestly, the way things are going, all currency is bound to take a major hit once the world is struggling for survival after covid, climate change, and world war(s) due to dwindling resources. and that is just me being optimistic.
i think that crypto as a decentralized currency might not take off, but the federal reserve and other central banking authorities around the world are exploring the idea of a digital currency. it wouldn’t have the volatility associated with current crypto offerings (so not an “investment” vehicle) but would either replace or supplement current currencies. the advantages are pretty obvious in terms of settlement times, etc.
what’s up with all the flairs thisplaying account age and karma?
cmom my man dont say that
anyone who is not a full on hopium addict or a [crypto maximalist of the highest order]( would agree there is a chance of things going to pot. anything has a chance to fail. no offense to op but this seems like a truism, unless i am missing something.
biggest reason why crypto won’t be mainstream…humans will make the earth uninhabitable beforehand.
saturday night live calling it a hustle and showing an actual dollar as the only form of currency kind of fucked up many peoples perception.
the tech exists. it will be made better and we will use it. probably not btc but we will use the tech
tether. 🤣 i'll see myself out.
short of a giant meteor wiping out all of humanity, decentralized finance is here to stay.
crypto will win one way or the other. a more likely concern is that it might not be the decentralized model of crypto that we all know and love and stand to profit immensely from.
even if it doesn’t go “mainstream” it’s not going to peak at 50k-60k with the interest and momentum behind it. there is still plenty of headroom imo.
thank you for this groundbreaking take, op.
it literally got adopted by a country today! how can you even say this? once an etf rolls out tons of institutions will fomo in. also millennials are starting to look to invest and they do understand or will understand the technology very rapidly bc they were brought up on computers and smartphones. crypto is growing almost twice as fast as the internet did. with starlink coming as well the whole world will have access to crypto and it will be gg. i think as it is already happening that countries will adopt crypto from the smaller economic countries and scale up to the bigger ones. so the bigger ones can see how it works for the smaller ones. we are early as hell still! there is only like 150 million users as now ( rough estimate i did not look) and can easily get to 1 billion by 2024 at this rate of like 110% increase a year. it's called an s-curve. if you have a 10% chance to 100x your money take that bet every time. i think thats a buffet quote or something along those lines.
soon. the fall is going to be spectacular.
cryptography is already halfway to mass adoption. many are on the crypto side, have you noticed?
even if that may be the case, it does not mean crypto does not provide an opportunity to make money
it's very possible. truly, i do not think cryptocurrency will ever be mainstream. however, the blockchain technology that it is based on has more potential. it's still an extra unnecessary step for most transactions, making it significantly less convenient to use than fiat currency. if it was easier to buy coins and use them to pay for regular goods, this would be a game changer. but at the moment it only has a few very niche uses. a few companies and a few governments have been early adopters, but it really remains to be seen if it ever truly catches on. i'd say it has a better chance of catching on than plummeting, but that remains to be seen. i think, for the most part, that you guys are way too optimistic about it is future. it could just be tulip mania if very few companies even accept it. ' we're way too enthusiastic about crypto and way too enthusiastic with our meme stocks. i have considerable investments in both, but i do not think it is anywhere near the guaranteed win you guys think.
😂 “bring on the downvotes” a sure fire way to get a load of upvotes!
personally, i believe that the early ones were pre 2017. members of this sub like to claim "hardly anyone knows about crypto", but i feel like this is total nonsense. anyone who's in the tech sector - which, by the way, is a lot of people - will know about crypto . does this mean that the price can still sky rocket? absolutely. but you are not early.
i agree with this and i've been in it a long time. there's a non-zero chance that this all goes up in smoke, but the smart ones will know when the games over and pull out. on the other side of the coin, there is people who thought buying in on doge at 70¢ was a good idea. all investments have winners and losers.
you’re probably right for *this iteration*. it’s clunky, user unfriendly, has a huge learning curve, and doesn’t really have a use case for the average person. but it was the same for the early internet. it took aol sending floppies and cd’s out to every person in america just to get people to have a look at it. that got people into email and web browsing, and that got the attention of silicon valley and the telecommunications industry. now we live on it. i think it will be the same for blockchain and defi and whatever else it turns into. it needs exposure, polishing up, innovation and, yes, corporate interest. like it or not, nothing has the power to take over the world and spark innovation like good old capitalist competition. there’s no getting around it. it will eventually become the default, but it won’t be the same as it is now. what we have now is a pine cone. what we’ll end up with is fully decked out christmas trees in every house. we won’t recognize it but we can say we were there before it was cool as we fly by in our lambo hover cars.
blockchain technology is already being used widely.
i look at the current phase as dotcom boom. eventually the crypto bubble will burst, but the technology stays with few surviving gems that get mass adoption.
most cryptos will fail.
dude, my brother asked me to pay him up in ada for some work he did on my house. you're confusing adoption with mainstream media (or even political) "acceptance". if there is people willing to trade their labour for crypto, there is adoption. we're the ones who decide how to value our labour and what to trade it for. fiat is simply a convention, nothing else. crypto can easily co-exist with it and even replace fiat.
as someone who doesn’t hold any crypto currently but i’ve been watching the space incredibly closely for years, i don’t understand three important things. and i know people who don’t follow the space have these same questions. 1. i do not know why i need it now, other then it being an investment into future me needing it. 2. what is the advantage of me converting my fiat, which is accepted everywhere, into a crypto currency, which is not accepted everywhere? 3. why would i place fiat into something that doesn’t have any use for me now? for those that know absolutely nothing about crypto, point one would be a non-starter. i can’t buy bitcoin, go to the grocery store and use it to buy groceries. i can’t buy etherum, go to target.com and buy a shirt. it has no practical use right now for me. what is it’s purpose in my day-to-day? ordinary people do not care about encryption, decentralized, etc. is it useful for me right now, today. why should i have it? i feel like once those questions become more clear to everyone, the adoption rate will be quick and aggressive. that’s why i’m watching so closely because i’m waiting for the early majority phase. this still feels like the early adopter phase and plenty of amazing ideas have died in this phase, and i definitely don’t feel like it’ll die. am i investing to “make crypto” or is the end goal to just convert it back to fiat?
the fact that supports your point is that everyone in this sub gets into crypto to rise their initial investment and then convert to fiat (take profits, buy lambos, etc.). real adoption comes when people stop thinking about taking profits in fiat. for now, crypto is like a stock market on steroids.
coming from , in my experience the biggest thing holding back crypto from mainstream adoption is every person i know irl who engages in crypto trading is a massive tool. not generalizing, just my specific experience.
yeah... i had that thought too. in 2010 ish... when i decided repairing a laptop with the keys to a little more than 10 bitcoin and a few thousand litecoin was not worth the effort. i mined those litecoin with my cpu!
for sure were not early anymore to crypto. the gains people who got in early will not happen again. but it will still out perform stock for sometime. so invest what you can afford to lose.
op is correct, as no one can predict the future and the market can go anyway. that being said, people in this thread are acting as if mainstream adoption means everyone and their dogs get a metamask wallet and start shoveling shitcoins around on pancakeswap. that would be the internet equivalent of everyone routing their own dns everyday. mainstream adoption would mean that your grandma uses crypto without her even knowing she does. maybe her pension fund dabbles in defi, maybe the tickets for the opera she bought are nft's such that the royalties are fairly thistributed, perhaps the creditcard she swipes to buy some clothes makes use of a blockchain. nothing has changed for her, except on the bottom layer of her life is now a blockchain, this is what mainstream adoption will look like and we're far from there.
lol who is this guy
bitcoin or even eth may not ever reach full mainstream, but the underlying technology and the blockchain itself 100% will
but we are watching it become mainstream year after year. in 2017 there was far less adoption than there is now. within only the past 4 years we have billionaires interested in crypto. we have far more celebrities in crypto we have many more apps that use crypto we have more places that accept crypto we have companies holding crypto on their balance sheets. we have governments making bitcoin legal tender. this is all on top of the fact that the technology is evolving and maturing, and it offers many benefits that can’t be found anywhere else. long story short, it’s not 100% inevitable, just 99%, and that’s a bet that anyone should take
we are at a point where it becomes inevitable for crypto to succeed. to many brilliant people are working hard in this space, too many have left traditional tech jobs to work here, the chances of such brilliant minds to not make this space mainstream is quite low. however, just because crypto will make it does not mean that any of the projects here will make it. perhaps the one to be the most successful is not even created yet.
you're correct. however betting on crypto is what a gambler calls asymmetric bet. the odds are in your favor.
did wall street reach mainstream adoption? probably not. not a single member in my family messes with that except one that works at a bank
i hear what you're saying but i respectfully thisagree. when you have entire countries making it legal tender, it will succeed. it's the next evolution of currency. blockchain is a secure ledger for tracking and security. crypto is the applied utilization of that technology. neither will fail.
your post just made the market dip 5%.
it’s also possible that zeus will strike thunder into my asshole. probably unlikely but definitely possible.
more likely: the coin that goes truly mainstream has not been invented yet.
the crypto cult is real and honestly very comparable to anti vax levels of delusion.
this definitely a possibility. that's why never invest in crypto what you are not willing to lose. if you're spending sleepless nights worried about your portfolio, then you have invested more than you should have.
people make an unpopular opinion just for the sake of farming moons these days
ill keep dca'ing since i have nothing better to do
advice unclear, bought more eth ![gif](emoteeth2_emoteeth2) but talking about actual market cap, btc and eth have already reached mass adoption if you ask me.
just remember - the first electric car was made in 1884. who would have thought it would be 150 years before they became the norm? [edit] i say 150 years because electric will be the norm by at least 2030.
believe me or not. this is the exact reason years ago i passed on buying 1000 dollars worth of bitcoin when it was just under 10.00. ( im somewhat of a conspiracy theorist) and i said the banksters, i e controllers. whatever you want to call the people who manipulate and control the fiat currency system that we operate in woukd never let this crypto shit happen. plus, you use fiat worthless currency to purchace crypto so doesnt that make it worthless too?. i mean what can i trade someone for a bag of blank paper?...something as equally worthless right? little did i know...so even if it doesnt catch on and be adopted mainstream, i believe there is still tremendous opportunity for the middle class average person to have a chance to become wealthy by investing in it for a while. especially if you understand this is still in its infancy if you look outside of the crypto world. your immediate circle of friends may know about crypto but the average everyday person may know the word crypto currency but they have know idea what exactly it is or the potential. that is why for the next several years, i am investing much of my thiscretionary income into many different cryptos for the long term. even if it goes away...in 10 years i wont miss or remember the 100.00 here and there i didnt spend at the bar that saturday night that i invested instead. or half my overtime check from that week or the money from that dinner i stayed home and cooked instead of going out. but i will be so greatful if it does go mainstream when i retire wealthy or comfortably and have something to leave to my children.
if instead of hodling and only thinking of profiting, we all used a fast and feeless currency real world adoption would not be far. i do my bit by transacting in nano.
blueray thisks did not last very long... what was that t.v. that burned the logo on the screen when left on the same channel for too long?
people need to realise that the value of anything is only the price that someone is willing to pay for it. quite simply it all comes down to how much the next guy buys it for. markets don’t give a shit about fundamentals or rationality. if people don’t want to buy your holdings down the line for more than what you paid then you lose 🤷‍♂️
thank you for saying this. takes a lot of courage to do so on this subreddit haha but at the same time, i think you are more focused on the coins, rather than technology. because technology is staying... there are clear benefits and use cases for it. nobody will use it to and ice tea (2017 reference), but it is here to stay. there is always a chance it will be outdone by a better tech in the future but we will have to play it by ear.
i think crypto has a lot room to grow
what? no more get rich quick?
in times of zero , stuffing cash into your mattress is more and more appealing. you cannot do that with your e-wallet can you. ... now that is an unpopular opinion ( i assume)
nfts and coins are popular because the facilitate embezzlement and laundering money, change my mind.
let me ask you a question how many people do you know that actively carry cash every single day? barely anyone unless you a stripper
doubt it. the blockchain tech is too awesome. the future of voting (elections) is blockchain, the way you can send anyone in the world money almost instant without bearly any fees (no 3 working days to "clear" and multiple banks between) will rape visa. ' btc wont be the future of currency (its more like "gold"), monero, or another kind of anonymity-coin will be (who wants a cashier to see your tot balance when you buy a coffee?). ' ripple and monero hybrid sounds most likely to become "the one" (used as an actual currency). yet, eth, ada, hnt etc have tremendous potential to be used for other "things"
since we're doing unpopular opinions: it's already mainstream for speculation and scams, which are the main things it is been shown to be good at so far.
is it my turn to make this post next week? i need to feed my family
crypto is a get rich quick scheme to transfer wealth from old to new generations. that's how i'm viewing it. i do not believe in store of value and in the end the major banks will utilize the technology and theory for themselves. i'm holding btc and eth and making profit in doing so.
this post brutally ripped me from the ecstatic throws of a hopium overdose only to smash my brittle junkie teeth on the cold curb of unpopular opinions
the fact that the majority of the world havent yet invested in crypto indicates your opinion is not only popular, but held by the majority of earths population.
don't really care. just here for the money
i think the biggest problem is that it’s too unstable and therefore the mainstream people dont trust it as a viable currency.
nope. it is not about if, it is about when ...
i remember the top post in this sub calling my 30k bitcoin magic beans in may. no coiners are so salty it is hilarious. imagine knowing about btc for as long as these guys and still being coinless.
crypto in it is current malformed form is literally useless and borderline a scam for naive investors.
blockchain technology will be implemented but cryptocurrencies will probably never be mainstream
i believe we're just scratching the surface on crypto, as it will undoubtedly be a leading way to implement ubi within a country. if you hand out fiat, it can easily be spent anywhere or converted to another currency, which is a negative outcome. however if it is tied to a country and controlled solely by the government, it can act as a token that can only be spent within the country, that'll likely happen, as it props up the economy from the bottom, vs trickle-down economics. government loves control and we may end up with both centralized and non-centralized cryptocurrencies. but no one really knows anything right?
crypto has well and truly sailed. now it is filled with scammers trying to make a quick buck out of kids who do not know a thing about investing. and it is working, without regulation. scary times.
the thing is… crypto adoption by greater society is inevitable. the economic efficiency crypto brings to any service which is entirely software based is optimal compared to how things operate today, which means adoption is more a question of when rather than if. it might not look like it does today, in fact more likely would be highly obfuscated from the end user, but at the end of the day, it would be the same blockchains we’re on today bringing this innovation. you are seeing it demonstrated here on this very post. make post, get moons, get paid to use social media. apply the exact same thing to a broader social network, make moons control that network, pay people to use social media by giving them ownership in the app itself. traditional companies cannot compete with this.
it’s absolutely a possibility - it’s highly speculative but we’re still betting on mass adoption!
i think the more likely scenario is that a combo of legislation and greedy banks and corporations just absorb it into the existing system, negating its worth as a game changer.
we are very early
there's absolutely no way these will become mainstream lol
i grew up before cellphones, and now i hold a mega computer with 24. took less than 20 years. it’s not that hard to consider a new paradigm is upon us. the lack of foresight from some ppl in this thread is shocking given the apparent interest in the tech. “it’s clunky today, so it must be a scam”….eeesh.
i'm a software engineer. i understand how crypto works and would have no problem dealing with wallets and all that stuff. i still am not getting any crypto because from what i can tell everyone is only in it for the speculation and nobody actually wants to use it as a currency. i've talked to friends who own a ton of crypto and they agree a lot of it is a stupid bubble but say "if i do not make money off this, somebody else will, and so i'd rather have it be me". to me the driving force behind a lot of the crypto boom seems to be greed, not to improve the way we exchange and store currency. i do not think the world needs any more of that. so even if i'm losing out on some nice money by not investing, i'm deciding to not get involved. in the end there is just two main groups of people among my engineering friends: those who think it is a stupid bubble and those who think it is a stupid but lucrative bubble. that does not sound like a recipe for mainstream adoption.
*bring on the downvotes* hits 2k upvotes. edit: another 300 in 22 minutes. this is super unpopular it appears!
how dare you say something so controversial yet so brave?
to be honest most people think making money in crypto is about buying and holding coins. but they are so wrong. defi is a prime example of this, your crypto should be making you money. if you plan to hold btc or eth for 5 years do not just hold it. find ways for that btc and eth to make you more btc and eth. even if we are late there is ample opportunity to make money. defi was chugging along in the 2018-2019 bear market too.
my father (who's had a very successful career) is pretty old-school in his thinking. he'd only invest in things he can feel, see, touch, etc. like real estate, stocks, bonds 🤮, etc. a few months ago he had extra cash and wanted to invest it somewhere and we had a family meeting to thiscuss. i brought up the topic of crypto and immediately got shat on 💩 by everybody. fast forward another couple of months, i get an email from my father (he never emails, always whatsapps me). i open the email and find a single sentence in there... "how do you buy bitcoin?" *so i gave him the number to my local dealer and now he is hooked. when the dealer does not answer, he spends all evening driving around, stopping at every street corner looking for his daily fix of btc* jokes aside, that email showed me that a mountain can be moved, you can teach old dinosaurs new tricks, and most importantly... we are still early!
are we gonna use logic now? how dare you
cryptocurrency is not going to go mainstream because it is used like an investment (borderline ponzi scheme in some cases) and there is zero reason why any major institution would use it over traditional money. it's a lot of extra work for almost no benefit in most cases. and that is assuming you even consider it a de-centralized currency as most of them claim to be (they are not tbh).
crypto is the fastest adopted technology ever. the internet did not grow this fast, computers did not grow this fast, car did not grow that fast. it's probably not going to vanish. > it’s entirely possible that it just never reaches it mainstream (like many technological advancements and inventions have failed to do). name a technology that grew faster than the internet and then fell off and died.
this is like saying, it could go up, or it could go down. nice moon farm.
we just had an entire country adopt crypto. its not in the future. it is now.
how is it possible for the technology to not make it? the reason you give is that it may never reach mainstream, because many technologies never do. this is a generalized statement and neglects analysis on a specific level, so in and of itself, it is a weak statement. in any event, it would be more productive to think in terms of what's realistic, rather than what's technically possible. we could say anything is possible; tomorrow, it is possible an unforeseen asteroid could plummet into earth. but is this realistic? no, because realistically it would've been detected. it's unrealistic at this point to assume, or perhaps even suggest, cryptocurrency will not reach mass adoption. there's many arguments to make this case. but remember, as humans we must evolve and advance. it's within our nature, and we cannot stop. money is already digital. it's just not fully crypto yet. major banks have patents on cryptocurrency technologies, and major organizations such as visa are adopting it already. big power movers, such as the world economic forum, are in support of it. the people of the world are in support of it. we're early because we're witnessing the beginnings. it continues to grow. but the cryptocurrencies of the future are not necessarily the cryptocurrencies of today.
unpopular opinon: we are definitely not early on crypto and 200k btc will probably cause a massive financial crisis
the big problem with crypto is that there’s no consensus on what exactly it is… some say that is digital gold (which i think is stupid and that only make it look bad), others stand for the technology, others for the idea of easy transactions, others literally use it at a stock market and they call their coins “shares”, i think cryptos should be backed by something real or it will never became mainstream… coins should have a real use.
once you start using crypto, like actually using it for transactions, you realize it is the way.
stablecoins have future. the rest? fcuk knows.
i think coins today remain as an asset like gold, silver, stocks, etc. for the daily usage however there will be other coins…
yeah new technology could come out and then everyone loses interest in cryptocurrency and the coins go to 0. it's a possibility.
this post should age well...
i've accepted that i'm not early enough to become a billionaire. i guess i'll have to settle for multi-millionaire. such a bummer
if you said it 3 years back. i would have agreed. now chances of cryptos failing is too low
all those who believe this, please sell and crash the market, so i can buy more.
as long as you do not put your entire life savings into it and give up your home, it is a more safer gamble than other options out there. it has a few things going for it 1) it's survived the 10 year mark. the governments have not stopped it. instead, they tax it or even embrace it like the case of el salvador. 2) people who are incompetent when it comes to stock or lack patience, can have more opportunities to trade with crypto since they are more volatile. this is not always necessarily a bad thing for vigilant users. 3) whales and giants are backing crypto and getting more and more involved. paypal is getting involved. now there are tv commercials for crypto credit cards and whatnot. 4) staking even if temporary is better than money left in banks that offer no interest. there are also lending options as well with no minimum income requirements. the odds are mostly in your favor. good luck!
chance nothing. that's the actual case. when digital only currency becomes mainstream, it would not be crypto.
i have spent some time on this sub and watched some vids about crypto and its still not that easy yo understand anything. its not really going to work out if you need hours and hours figuring stuff out. when i setup my bank account and web login etc it took almost no effort and i did not need to spend time researching. crypto is getting easier and easier but i still think its a bit much for "normal" people atm.
that's like saying everyone in the world will eventually become a vegan. yea it is possible... but not very likely.
this is a possibility. i've also considered the fact that we could be so early into this project that the coins we are currently invested in turn out to not be "the coin" that see's true global adoption. this is a risk i've accepted from the get-go, though. anything you invest in could go bust in the blink of an eye. even your fool-proof, risk-free retirement plan.
90% of people in my company of thousands still don’t understand anything in crypto past the fact that bitcoin has been popular to talk about. i don’t know if that’s a good thing or a bad thing
crypto investors are just people who dont know how a roth ira works.
crypto is happening, it is toi big to fail now. sure, pyramid sceme coins and meme coins will fail but bit and eth will make it 100%
it has been mainstream adopted, as a highly speculative asset. it will never be able to replace fiat though.
good pov, and i've seen good, especially around personal privacy, come and go over the years, despite being "world-changing" and so on. there may be a hard limit to the sophistication of end-users when it comes to any technology, and crypto may be one of those things that is just past that upper limit in terms of the core usability of it. consider "real" multifactor authentication (not sms) - something as simple as any "authenticator" app that totp based. not that hard to set up and use, yet apparently too hard for most users to manage, especially things like a "cold start" of a new device. with crypto, there are some intrinsic problems with the tech that still need work (for me, it is processing time and transaction costs) but ultimately, it is about marketplace behaviors. i've seen venmo and cash app and wechat and all of those other "layers" on the traditional system stand up and take off in "ordinary" use far faster than crypto. i do not think most people care much about the philosophy, they care about the functionality. i can pay my neighbor at his garage sale with venmo. i can buy things at cvs with venmo. it's fast and simple. i do not really have to think about using it. but when i use bitcoin, there is always some...thing...that i have to think about, and it is always a little "shaky" in some way. crypto may also never shake the multiple hits to its reputation. it's become... \- a wildly speculative and volatile "investment" \- the payment method for ransomware and other illegal. \- an ecological thisaster (for pow systems, at least) \- a, often slow, expensive way to do transactions \- a complex mess of barely inter-operating "currencies" \- a security risk ({another\_platform} announced on {insert\_date} it was hacked and {huge\_amount} stolen) \- a regulatory risk. all i need to say here is "china" its a shame because the idea is so enticing. but i think there is definitely a difficulty in getting to real and "ordinary" usage. maybe it will be like personal ssl certs - an idea that is been sitting there, forever, and nobody uses it.
the current issue is that it is too speculative for mass adoption. joe blow is not going to turn his paycheck into btc and then watch 3. anyone who does buy it is just holding. i'm sure people buy and sell stuff with it but that transaction could be sold off and turned back into real money in like 10 minutes, so you're banking on people being ready to buy something, having the cash, and then saying "nah, i'll pay for this with btc" then go through the process of buying coins and yadda yadda, it is just too much.
i don’t think crypto will ever be the primary way people pay for things. but i do think it will fill the role that paper money does today. people want some transactions to be entirely private, and the manner in which regular currency has adapted to digital transactions makes that impossible. you can’t put that genie back in the bottle, as much as it ought to happen.
if we’re doing unpopular opinions then mine is that people who think crypto is the future are delusional and the majority of people who in it now are there to make more dollars lol
nah…crypto is still early and there is a ton of room to grow. remember, that the dollar is tanking everything is getting more expensive, people feel it.
so an unpopular opinion now is that something may. nice. peak moonfarmer . for whoever is reading this outside "moons" for upvotes and comments. those "moons" are worth now 0.27 cent each. op is sitting at about 800(shit)posting on the sub. and this is was a great moonfarming post which will add several moons to his stash. yes you get money for comments and posting in this sub.
crypto is still early. money beat exchange and many years ago and crypto gonna beat money too in the future.
i agree with this. why would any country let it’s own currency become overshadowed by cryptocurrency. each country would just ban crypto for consumer transactions.
it isn’t actually useful as a currency. no one spends it, it’s too volatile because you’re all treating it as a get rich quick investment. add the insane power requirements and inefficiency. it’s dead and has been dead. whichever major holder decides to cash out and bail first will kick off the crash. it’s beanie babies for tech bros at this point. i’m a huge fan of the idea and hope something better can happen in the future but bitcoin is a flat dead end.
this is the reason your portfolio being 100% crypto is equally as dumb as it being 0%.
crypto sucks as a currency and will always suck as a currency unless it is a stable coin. imagine accepting payment for a service you provided only for bitcoin to crash and your paycheck is worth 50% less all of a sudden lol. the sole purpose for most crypto right now is to sell it for more than what you paid. like we all do with stocks. i think it will stick around as an asset class, a speculative one at that. either way my bags are packed and ready, moms spaghetti.
oh we are absolutely not early. it's only the overly optimistic posters that want to reaffirm their hype who say that we are. crypto in my opinion is already mainstream. it's just that not many businesses are letting you use it exclusively for purchases. but it will never fully replace fiat.
honestly, looking at all the dumb people here that are somehow also invested in crypto, making shit arguments, it makes me feel a lot earlier than i thought. i should not be surprised, 99% of crypto holders would not actually know anything about crypto eventually, and i wouldn't want them to. my simple question is this: what could stop bitcoin from becoming the world reserve currency? what is the sequence of events that would stop it? i just cannot see anything that is not a complete statistic anomaly, to the point of being able to call it impossible.
showed my gf this post and she said “to the moon!!!”
tether will fall, will bring every coin down more than 60%, perhaps over 80%. it will be an insane shitshow, crypto will be heavily regulated and a pain in the ass, then the fed will introduce a digital dollar that will be awesome to use, that will be what mainstream "crypto" feel like, government backed coins after a massive shitshow.
lalalalalala 👉😖👈 stonks only go up. stop spreading fud.
crypto is already mainstream, don’t be fooled otherwise. i personally think we’ve shot ourselves in the foot. by creating the crypto infrastructure we have blown apart the traditional financial structure and shown governments across the world that digital currency can actually be adopted and used by the masses. in the next 5 years digital currency will replace fiat currency. now they have a completely traceable, inflation hedged, monopolistic dominance over everyone. they can circulate and burn as much or as little as they want. they can track every purchase you will make. tax avoidance will be obsolete. job done. as for crypto, it will go one of two ways; the major governments of the world will either destroy it or they will control it.
as actual day to day payment tools, cryptos are shitty. no take backs means if you get defrauded or pay someone else by mistake, well, too effing bad, you have no recourse. almost no consumer will accept that. it's also arcane and difficult to use, and every time i do a transfer now i still get stressed the hell out to not make an error. you want to explain how to do bitcoin transactions to grandma? go ahead, i'l l watch and laugh. blockchains are here to stay and are already components in solutions that go business to business and bank to bank. in those circumstances and as built-in features of a larger solution they have a bright future. but paying for your lunch with bitcoin? will literally never happen, not least because bitcoin is too shitty to even be able to do that quickly or cheaply.
crypto has the potential to destroy the system that has been built over decades and could reveal politicians and where our tax money goes. that's why it will never replace fiat or the monetary system etc. the real criminals of this world sit in the office and protect their kings. and they will do anything to keep their system running.
you mean the “currency” that isn’t based on anything, is 100% made up, driven by speculators, difficult to use, and only exists in the ether isn’t really a mainstream idea?
the real value of crypto is in the fact that governments all over the world are printing money like there is no tomorrow. mass adoption or not crypto is the new gold and gold is not massively adopted...
well i would argue that you are wrong. crypto brings things to the table that old banks can’t. their whole business model is to be the middleman while crypto is about the free market with a backbone of decentralisation. banks do not provide good interest rates anymore but they could if they weren’t centralized. digitalization doesn’t need a middleman as soon as crypto becomes a idiot proof trustless mechanism the middleman will vanish. also demolishing the gold standard is a irreversible action that can’t be fixed. deflationary currencies is the key. and this is why programmable money will change many businesses in the future. fiat has become a government tool to assert power over others. so basically fiat is less of a monetary system that helps us more of a desctructive tool used for extortion. if countries want to wage wars then go ahead. but i don’t want the blood on my hands.
people who think crypto has no future do not understand crypto and have not been paying attention to where markets are headed. when institutions like goldman sachs, the deutsche bank and corporations like amazon start putting money heavily into crypto, you pay attention. follow the money, and it is all going to digital currencies.
do you know the difference between a thought and an opinion
i will voluntarily go down with this ship.
1 trillion market cap for btc, my beliefs are with crypto adoption.
lol wow something with no inherent value not gaining traction? come on give ponzi coin some props
who cares. alot of people have been given financial liberty over their inept and corrupted countries and leaders. we do not need to lead the world. we need more people to feel free.
wait for big inflation and currency failure.
blockchain technology is the way to go for many usecases in the future. adoption needs time and many projects will fail, but there is no way its not gonna take over the world\^\^ better technology always wins in the long run. but governements will always try to slow it down. history tells the same story with every new technology...
deep inside i think of this all the time. but the technology and the concept of adoption cannot be denied. it is there. plus the huge plus of "making it" is just too tempting.
so are we going to pretend that some of the biggest companies in the world do not utilize crypto in some fashion. or that countries with hyperinflation are not utilizing cryptocurrency... this looks like mainstream adoption to me...
i mean… there is a chance for everything to happen
does crypto currency solve a serious problem? not for people living in developed countries with stable regulated banking. however for the rest of the world with unstable currencies, and openly crooked banks, it certainly does. this pretty much guarantees crypto adoption, unless a better solution come along. is crypto evolving to provide new use cases, or is it a one trick pony? i think it is pretty obvious that crypto will provide superior solutions for many different applications. there's always a possibly a better solution will come along and replace or out pace crypto adoption, but it is unlikely.
my bank today in europe blocked my euro withdraw, saying it did not support crypto trading and that neither should i. changing banks obviously, but if they get together and all do that, then what's the back up ? full online banking ?
for me my biggest fear is not not being early or lack of mainstream adoption, my biggest fear is if the bull-bear 4 year cycle gets broken. i do not want there to not be explosive bullmarkets like we had this year in the future.
eventually a lot of people are going to lose a lot of money
maybe. maybe not. it sure feels like the future is crypto especially when we look for answers to all of today’s problems crypto is the answer. lastly i’ve always really looked at it like this. for 1000s of year it was the mail system and in a matter of a few years email completely took over. so fuck it i’ll roll the dice
most of my friends in their 20s do not know what crypto is, except for bitcoin, which they know nothing past it being a digital currency of sorts. the dogecoin hype brought in a lot of new faces (including me, thiscovering ethereum, etc). we're early. not innovator early, by pretty damn early. there are real use cases for many of the projects floating about right now and i think adoption.
it would not. the us gov will likely make the us dollar some type of digital only currency later so they can regulate it better. crypto is too unstable, too easy to manipulate and steal.
my wife thinks crypto is a bike lock.
just the way we transact in our society cash app venmo we’re already heading in that direction🤣
i’ve been saying this for a while... crypto is full of overly optimistic people. the tech for a lot of coins (back when i was super into crypto, was actually pretty crappy). i haven’t looked into it since like 2018? so i’m guessing it could be a lot better now than before but crypto is ultimately a lot of fake promises. i don’t think crypto is going to go away but i don’t think it will ever become the new “dollar”. i think it’s going to stay as a new form of “stock” or asset. where some will benefit from and others won’t.
the problem is, everyone is trying to push the coins they have invested in and are talking shit about the other ones. as long as that is happening, cryptos will never become mainstream or replace cash.
while you're not wrong, the risk of this happening at this point is pretty low. the risk of this happening with usd is far greater. check out the m1 inflation chart and see how in a single year, how much money was printed with just 1 stimulus check. the chart was thiscontinued and remade in a very misleading way. i'd say the reason it was thiscontinued is fairly obvious.
i remain relatively bullish. the only way i see crypto losing relevancy is if there’s a universal currency created by the leading global powers and i just don’t see that happening any time soon.
i love it how this didn’t get downvoted. if this was r, it would have been banned by the moderator pretty fast. that’s why i come here. for a good balance of views.
there’s always a chance! look at technocracy incorporated
yeah, i think it comes down to—will traditional capital give into public pressure and allow for its existence, or will traditional capital squash the technology and, as a consequence, the advancement of human civilization. i wouldn’t put it past the capitalists to hold us all back in the name of profit for the elites
popular opinion - not reading anything that starts this way
the only way to be early is by not being late - sigmund freud
totally true. it could be like the fax machine, adopted slowly, then entirely adopted, and then slowly fizzles out. who knows.
i completely agree with you. it's important that we assess the actual utility of coins. do they really serve a unique purpose nothing else could? and are people paying for these services, allowing the company to make constant revenue. coins like monero, link, xlm, the blockchain gang. all have a unique market services that are only possible because of crypto technology.
could be worse. we could be institution late
there's also a chance we've reached our limits in space and technology, and that we'll never accomplish cold fusion, quantum computing, or land a living person on mars.
it's already there really. atm, countries adopting, its talked about on main stream media daily and its being adopted faster than the internet was. eventually it will be a standard and wire transfer will be a thing of the past.
sound like a dude i knew who said the same shit about computers and the internet.
guys its gambling its all gambling just embrace it
unless we stop making new crypto coins and recognize the fact that we need a meta-coin , who would adopt any of the as just an internet user. right now it’s line 50 carnivals and you have to buy unique tickets for each one. i think overall we need to better categorize these currency based upon their use . bitcoin is just currency , etherium is the payment system for an robust contract, same for helium , icp, etc . an end user should never have to worry that they have 3 eth tickets , 0.090008372 btc and 90000000 doge. all they want today do is play a game , pay a bill, “have” a checking account . unless the hype starts to wear off and all the pieces come into place through a unified effort i think it’ll all fall apart with asshat politicians using every stumble, failure and bit of confusion to tear it down so they don’t lose power over people . the amount of bullshit “it’s for you own good “ legislation that is going to occur,(and has started ),is because right now all of this is so freaking hard to explain to people. liquidity pools , contacts , yield farms , world wide mesh networks for iot devices powers by individuals… it’s all fucking amazing ,and could literally change the world for the better , but it has a lot of enemies born of ignorance and fear . i think most of us get so deep in the woods we forget how most people don’t even see the forest . we all think differently, no matter how many ways i try to explain what all of this “is going to mean” in practical terms , most people i know just don’t get it, can’t see it. and that’s ok. we’re all different . but we can’t just replace oppressive authoritarians with economically intellectuals individuals who garner all the wealth and power . technically it’s covered with governance , but wealth is being doled out and we’re all trying to slurp up as much as possible . we should step back a bit and take all that is so god damn mutha fuckin awesome about blockchain, and all you glorious motherfuckers, and take the time to get all of this i into he hands of real people seamlessly . they should barely notice. the biggest thing they should notice is the lack of creepy “we see what you did there , looks like you could use a salad spinner” personal data bullshit, the average household incoming going up, and a wonderful private and ubiquitous internet experience. i’m taking out my ass a bit as i’m not an economic expert by any stretch . i’m also running on 1 hour of sleep, a plane trip , and a bit too much enthusiasm . but that’s how i feel about it and i am “a user” .
i think this is a pretty popular opinion? like who's crazy enough to not think that there is a chance that their investment in crypto might not pan out, or that we would not see mass adoption. an actual unpopular opinion here would to say that it is probable that we would not hit mainstream adoption, but to say that there is a **chance** we would not is not much of a hot take imo. ' you'd have to be straight stupid to not weigh out that there is a chance that mainstream adoption would not happen.
i do harbor a similar fear. maybe we're late and not early. when everyone i know and talk to is investing in crypto, maybe it is not going to make me rich. because if there is one thing the powers that be will never allow to happen, it is letting large numbers of normal people become rich. or even if we're still technically early to the crypto train, it is fully possible that next year, everybody is into some other new investment fad and everybody forgets about crypto and it dumps into obscurity.
it is always good to have hopium and nopium in balance
wake me up from this nightmare!
crypto is laying the groundwork for how we transact, that doesn’t mean any existing crypto will be widely adopted, you can still use it to make money, that’s what it’s basically used for anyway.
i've always thought about that. in the end i wouldn't mind because i'm using most of the cardano to support smaller nft projects anyway.
well, you have a point.
all shops will have some kind of membership were your earlier deposits and 2% of certain goods now wil be stakes of various kinds. it will boom up the blockchain and a hell of alot of work to developers in the future. all happens in the blockchain, either bestbuy, amazon whatever. they all are going to make one. and the hotels, all the benefits of room if you have that much of that kind of stakes etc etc
tel that to micheal saylor.
what if we are just mid pack
if it doesn’t and it serves the purpose it currently does as a speculative form of gambling, that in and of itself isn’t so bad. as long as like gambling people don’t get in over their heads.
but this is the case with any venture.
what about projects that do not focus on the crypto community but their product will use blockchain. it's possible to use the product without even realising your using blockchain *cough* ultra (uos) *cough*
i think the only way crypto would fail is if governments stamp out decentralised cryptos and try to centralise their own variants. though the most likely threat would be quantum computers.
blockchain will always have a place imho. there's just no telling yet in exactly what shape or form. maybe it will all be banned and central banks start running a "decentralized" global blockchain. i can tell you with quite some confidence that 99.9% of all projects currently existing will be dead within 10-20 years. eventually we all need to settle on a few winners that will see actual global mainstream adoption (per niche maybe).
it depends on how crypto will be implemented for the mainstream users. at the moment, it is really hard for the average users to become accustomed to crypto and to buy them. but mostly, it is impossible for the average user to see crypto as a service, not only a a speculative asset. i believe we need to start from a step back and think of how crypto will evolve in the future and how they will serve people. at this stage there is no answer and no real application.
at the end of the day, dollars are backed up by aircraft carriers and nuclear weapons. how much you think that matters is inversely proportional to how much you believe in crypto's deep future.
i think blockchain actually has use cases as the storage basis of legitimate software. whether it makes it as a currency or not is separate thing.
i think for crypto to become mainstream there needs to be a change in mindset - i’d say 90% of owners treat it as a high risk investment asset. the other 10% (probably all on this sub) are the ones who want to support the technology behind it. the media (and elon musk), who generally treat it as a joke, isn’t helping either.
i think the question is whether crypto is able to scale
never gonna give you up
thank you, finally a refreshing unpopular opinion! certainly anything is possible. we might ditch computers all together and go back to horses and carts, but how likely is it? and if we keep keep the it, what is not certainly, *realistically,* possible is that we would ditch block-chain technology, that geni is out of the bottle for good.
there's a chance it is like the dotcom bubble where it tanks hard. then later on we figure out a good use for the technology and shitty thing might be that it is not money and all the value we have accumulated goes away.
there is of course always that chance. but with the housing market and everything going the way it is this is the only way for us to reclaim our shot at financial independence. and i think they will be the definitive factor.
you have peaked too early
i suspect that it can’t be eliminated by new policy alone, or even enforcement of new policy. driven further underground, potentially, sure. but people will be people and many will be even more attracted to that which they suddenly aren’t supposed to have. it’ll just be a game of whack-a-mole, as with any illegal trade out there. the wiser policymakers are suggesting regulation *now*. the less wise ones need to come full circle first, try everything else, and then realize they should have just focused on regulation sooner.
only invest what you can lose. cryptos can revolutionize how we do every day things like internet did. or you could be holding on to empty promises and scam. personally, lambo or hobo.
i did not realize a poster could force sort by new in their post. first time i see this.
possible, that is why we have btc maxis saying that is the only true value, because it does not need to be adopted by the entire population for it to have value. just sitting pretty at the top as a global settlement layer between countries and corporations
true. as long as crypto’s value is defined by fiat money and not the other way around.
you said bring the downvotes, but now you are rich from moons haha! i am glad to see that the community is able to think critically against their own convictions. actually became more bullish from this, ironically!
the expectations are indeed up there with toxic positivity. which is not surprising at all.
yes please, i do not want crypto to just become a stock market 2.0. that's what will happen if it becomes mainstream, it will be boring as fuck. the insane gains and also the insane losses are what make crypto special
outside the loop man here, what would be the benefit?
here from /. i love the idea of crypto but atm it seems like the only use-cases (ignoring nft) are market speculation and buying drugs online. i wouldn't really want to rely on crypto for groceries considering how volatile it is.
in all futuristic movies, they scan a person's eyeballs or whatever and they pay digitally. i do not think crypto will fail in the end, but the coins that we have now may be worthless because the technology is not there yet.
governments have tried and do control internet and the infrastructure. think they will allow complete freedom for crypto?
dyk, there is a chance of my established chance to chance other chances?
crypto is impossible to fully regulate—offramps can be forced to only liquidate wallets with 100% kyc-traceable transactions, the government can make it illegal for isp’s to allow access to compound, etc. but there’s still nothing stopping anyone from just accessing the smart contracts that are permanently hosted on ethereum, make some money, and text a neighbor to exchange cash for a cold wallet on a flash drive. however, it is *extremely* unlikely that we end up in a scenario where there is some libertarian cryptocurrency being used as the world’s primary means of exchange. not only is it basically untaxable, it’s extremely easy to just bar any business from accepting it and. also, being able to control the money supply according to economic indicators in a centralized way (very scary to some of you, i know) is essential to a modern economy. we’ve known this since the great depression—price stickiness means that economies inherently will be slow to react to crashes, so it is a net positive to have some way of introducing and burning currency according to economic forecasts.
what’s the opposite of hopium?
all the problems we have with fiat are features, while cryptocurrency is more extensible. i see many more cryptos on the horizon, which could take the others to task. the key is exchange.
this is probably the one thing that crypto creators overlooked the most after the bitcoin white paper bore fruit. if it can be used to make money in a system of money that already exists at the expense of the new system, then the new system will only be milked rather than being used as intended. this is why regardless of how many people do hold cryptocurrency there is always going to be a bigger number of people that are using it for pump and dump schemes and treating it like stock that cannot be used in place of currency but used to gain currency for the exchange rate it offers.
the internet would never have obtained mass adoption if search engines weren't invented. about 25 years later the internet was more than mainstream as it had become part of daily life and business and government.
some crypto will find their purposes others will go to zero. unlike dot bomb stock equity one company cannot really take over another which is curious. still waiting to go to a deli in nyc and buy a sandwich with my choice of coin too see what the fees are.
if china said no to crypto then idk
once regular people can elect to get paid in crypto instead of fiat, i think you’ll see a lot more adoption. right now you have to spend fiat to buy crypto so you can spend your crypto on x, y , or z. maybe i’m way off base, but to me that has always seemed like a hurdle that needs to be cleared.
i have been so worried about my friends with bitcoin,but dont ask if they go to porn sites or just are investing... i think it spoke volumes when the only fans site tried to stop accepting crypto. the back story on how crypto had been seized from only fans was not told but in small biz articles and white papers. . the government can seize crypto with a zero tolerance for human trafficking. if even one asshole uses their platform to look at a minor, its all the government needs to seize all crypto assets from the platform again. . visa and mastercard was their attempt to put the responsibility back on whomever was responsible for posting, buying or selling illegal content. the public didnt google why they would make this rule. only fans was protecting both fans and content creators by trying to make it more identifiable of who was and was not respecting the law from getting dragged down with random perves. remember the government appointed a crypto person to the givernment and it might be time to find out what his 60 day observation conclusions were.
obviously, not with this kind of attitude 🤣🤣🤣
what a lot of people do not get (in my opinion) is that adoption can and will likely be highly variable across geographic and national boundaries. in the us and europe, regulators can cut off access to crypto for the vast majority of people in the same way that access to hedge fund investing is cut off to the vast majority of people. this is a very possible outcome. elsewhere, who knows? bitcoin is legal tender in el salvador, and celo is making inroads to africa with the notion that crypto can provide financial services to populations that do not typically use financial services. there are thousands of projects with as many different use cases, and some of them will be illegal in some jurisdictions. the real question is where and to what extent will defi and other innovations be regulated into looking and feeling a lot like traditional financial services for those of us who are accustomed to things like banking and 401k's. i have no worries that people in developing countries will continue to have access, and their governments may even promote crypto as in el salvador.
are you saying that i'm lying to everyone when i refer to myself as a future millionaire?!
popular opinion: you are wrong
you guys have to understand that this is not you personal diary where you can post your opinions without any argument in favour of it. you’re like screaming in a public square saying: “hear me out, cryptocurrencies are not going to be mainstream, i’m no one but still i’m putting myself in charge to change your minds. take my opinion as it is!”. it’s ridiculous (this is valid also for the bullish posts). at least bring some interesting reasonings, otherwise shut up
if an investment opportunity constantly needs more investments and investors to continue bringing returns, it is a ponzi scheme. ponzi schemes collapse once they reach a plateau.
the main problem is banks and govts see cryptos as their enemy and threat to their survival
my biggest hesitation about getting into crypto is that it is currently not used as a currency. it's treated like a commodity or some vehicle of investment. how does the mainstream adopt crypto if no one is using it to buy things? because they think it will appreciate in value.
unlikely but yeah. it’s also possible we are living in a simulation
as long as people cant manage passwords, i dont see mass adoption around the corner.
the reality that some in the community do not want to consider is that the big banks, governments, etc. will unite and form their own crypto(s) --and they will have the massive support, society buy-in, and clout to make it happen. before you say that defeats what crypto is, newb, you do not know what you are talking about, etc., look at history. the u.s. dollar has a pretty massive military behind it for example, amongst other things. that standard is likely to change over the coming years most theorize, but this is a game at a massive scale. so yes, completely agree with the op and i think most of us do. don't invest 100%, nor 0%. it's an investment on our portfolios. remove emotions.
what are you talking about? crypto trading seems to be a dirty game and not everyone here in this sub will get rich. but if we are not paying with sea shells in 20 years it will be a digital currency. i guess its just a struggle for power right now. banks tried to fight it. now they try to take it over. making them the sole power over our currencies again
crypto is following the same trend as the internet. in the early days of the internet is was ridiculed for only being for gamblers and pedophiles. eventually people saw how the internet would allow access to completely decentralized information where you could learn about anything you wanted without having to read from a newspaper or magazine to get the news that the publishers “wanted” you to know. this will happen with crypto as well, except on a much larger scale. we are just in the beginning of adoption
it will never be mainstream in the same way we are not paying bills with tulips or beanie babies.
things i see that make crypto unlikely to become mainstream: it's a solution still searching for a problem. and so far the problem that it is solving is how to sell illegal stuff or collect ransom without going through the banking system. not a good look. central banks or tax authorities can decide that the first thing mentioned has gone too far and simply regulate crypto markets like they do securities markets. or tax the whole thing into oblivion. mining is not carbon neutral. the volatility that makes crypto a fun risky investment makes it useless as a reliable store of value for market transactions. those are my unpopular reasons.
you make this post less than 24 hours before bitcoin becomes legal tender in its first country?? with more countries lining up to do the same thing... ok...
tell this opinion to visa, paypal, square. some of the largest blue chip companies are moving to crypto because there is a high probability of it being adopted. additionally china is moving to digital currency which will likely increase the adoption of crypto.
problem with crypto is that its unstable. a small percentage of folks have crypto and the only people that want it are in that percentage. you will not get rich off of crypto, go to work and put away money for retirement
i think it will stick around. the future use cases are endless. for instance nfts could really solve copyright related problems.
failed to buy the dip, did we? huh, sorry mate.
this is a moon farming post if i have ever seen one.
the crypto you all are investing in is a dead-end. blockchain cannot scale, and you're all delusional. 3rd generation crypto have a shot. but 1st and 2nd generation crypto are useless.
there is exactly 0 information in this post
unpopular opinion = literally any opinion
i'd compare the current situation of the coin markets to the stock markets. much more volatility, yes; much more uncertainty, yes... but the dynamics are similar. so, do coins need to be mainstream? i think that depends on the project. are stock markets mainstream? i do not think so.
it can go either way. fact is that crypto is a hedge against the inflation that makes people run in a hamster wheel for life, so it is appealing to most normal people.
but bitcoin it is not "just another invention". edit: grammar
ok mr bank man
i just cannot imagine situation where crypto will not be mainstream, whole technology would need to fall, for this to happen. saying that crypto will fall is like those people that told internet will fall, in my opinion. maybe in 2011 crypto could fall, but no anymore.
bitcoin does not care about opinions...it does what it wants...bow down anon.
i think it will tank
anon, china already moved to a cbdc. the us is playing catch up right now. anyone who think the move towards crypto currency is still "up in that air" is not paying attention.
the main problem is that you can actually lose everything if you lose your secret key. no chance of recovery. it's still there but encrypted to oblivion. just things like having to move a smartphone wallet to a new phone, or remembering to save your google 2fa codes. it's just very daunting, even for most of the new generation that is comfortable with it.
crypto does not serve a purpose that the majority of people are interested in.
i’m honestly curious, but since crypto can be bought and sold by the us dollar (or other currency) doesn’t it basically just make crypto a “collectors item”? like any other rare… well anything? so it can be manipulated since it’s finite? as well, i highly doubt the “dream” of crypto based societies will just be accepted by any major government. just speculating, but how would an untraceable currency be legal anywhere? if crypto ever becomes the “sole” or even the majority currency wouldn’t governments step in? i like the idea of a currency that cannot be artificially manipulated by interest rates and inflation (even though it is now because it’s bought by the dollar) but the fact transactions can’t be traced or verified by a major government kind of kills it dead no? again, just speculation and curiosity but what would happen to the value if the us declares bitcoin transactions illegal?
you’re breaking my heart
i understand this argument completely, but let me tell you why i'm betting big on bitcoin and decentralization. right now, things are a mess, to say the least. there's constant fighting about culture, how to do science, politics, how to engage with each other, and even how to use the internet and social media platforms such as reddit. but, this is not new. it's been with us since prehistory. here's the thing. ever since god knows when, we've been having this fundamental debate about whether or not there is an objective reality that we can learn and fully understand, which can help us progress forward or whether reality is what we make of it. now, obviously, everyone can agree that there is an objective reality, but to what extent does that matter with regards to things like politics or finance? if you think about it, all the ism's and ideologies that have existed yesterday and today basically stem from this central argument. for instance, what's the primary operational difference between communism and capitalism? communism is planned and controlled, which falls directly into the "reality is what we make of it" camp and capitalism, in it is true form, is free and unfettered, which aligns better with the "objective reality" camp. but you can pretty much take any competing school of thought and find that it more or less falls within this central argument. this is an ongoing argument that has been with us forever and when things are peaceful and stable, it lays dormant in mainstream and is only really debated along the silent fringes. but, when major challenges come, such as new revolutionary technology that turns systems on their heads or climate change that threatens to kill us, then the fringes get louder and more influential in the mainstream, changing the mainstream in the process and suddenly this age-old debate violently pops its head up. today you see it between the radicals of antifa and proud boys who align more with the "reality is what we make" and people like us on this subreddit who fall more into the "objective reality" camp, though obviously, we're complicated so most of us are not hardliners for either or but maybe somewhere in the middle. it's that middle, though, and understanding that although there is an objective reality that should be understood and mastered, there is also a part of reality that we can create and those creations can work if it aligns with objective reality. people on this sub who are rooting for decentralization understand this synthesis between the two major arguments, even if it is not consciously stated. it's the whole reason why decentralization exists because it is that third option between the two arguments. on the one hand, it is a creation of our own will that seems fantastical, but on the other hand, it is a creation that aligns with objective reality and often seeks to find solutions that best match the one-to-one relationship we have with each other and the world around us instead of resorting to central planning or some kind of hybrid. so why am i banking on bitcoin and decentralization? because every time this age-old debate pops up during great changes that spur crises like what we're experiencing now, the winner is always the synthesis between the two major arguments, even if the people supporting that synthesis have to endure unbelievable hell and sacrifices for a very long time. the synthesis always wins. i mean, think about it. with everything that is happening right now with media censorship, internet de-platforming, and ever-increasing bureaucratic failures from every corner of society, compounded by our immediate need to solve climate change, things are going to get worse. and sure, maybe we'll mitigate and solve climate change, but at what expense? if we go the course without decentralization we'll live in a relatively safe but highly totalitarian system that does away with everything we take for granted right now. but if we utilize decentralization appropriately, then it will give us a chance to solve climate change, and globally connect with the world without having to live in a giant totalitarian regime. the totalitarian regime will be created out of perceived necessity just as censorship is being justified right now by people who say it should be done to protect ourselves. we are scared and we're going to grow more scared and as we grow more scared, we'll grow more attached to the established institutions that will promise to protect us, but it will be at a price that we're already paying and we just do not realize it yet. but when we do then the need for decentralization will become abundantly clear and we'll change, but it would not be without a major fight that could be very ruinous to a lot of us on here right now posting in this thread. so while bitcoin and some of these coins are just cool ways to invest right now, in the near future, i see them playing a much more fundamental role and since this technology embodies the synthesis argument mentioned above, it is likely to prevail and help us create other prevailing solutions, which can help us change for the better. so, really i'm banking on this stuff because i have to bank on this stuff. there's no other option.
the technology is simply significantly better than existing financial tech. i feel like crypto has to succeed for that reason alone.
isn’t it already adopted by a country? there’s only a few more dominoes after that before it’s completely mainstream
widely used gold coins are obsolete now. we cannot predict what happens next. in any case an independent pan-country currency that cannot be sabotaged by rogue faction does seem like a likely solution. there is always the chance that it might be btc, eth or something else, but you never know, they might just become another sacred gold coin in the coming decades.
if crypto investors have enough children, they will become the mainstream \*shrugs\*
i think there is an analogy between the early internet and the current crypto space. back then people did not know if the internet would be a thing as well.
i cannot wait to sell my moons and leave this sub.
my problem is governments making it a mess. name registration for wallets, no anonymous exchange to fiat etc. this is where i see crypto's biggest obstacle for the next decade
i agree, this could be as good as it gets. i know people who lost their shirt in the dot.com bubble.
adoption, while there are alternatives, will be slow. unless something thisruptive comes along. let’s hope for an innovation which will force major adoption.
this post cannot stop me because i cannot read. 😎
no problem, just cash out before the last bunch of suckers.
i'm pretty sure a large amount of the u.s. population already owns crypto. people only use most of it for a store of money. i do not think it should be looked as tender. just look at it like you look at goold as an asset. the only problem i see is that there are unlimited amounts of alt coins. no one really knows what will happen with it in the future but if you decide to get some just remember crypto is not insured. youtube all the safe ways to buy and keep it before you buy more
you are too late for this post mehn
i want to like it but it feels like my money's value fluctuates too much in coins
sorting by controversial. holy shit, someone left the circle jerk and upset the other cult members :p
probably should move this to r
like blue ray thisc’s
you're right but the money has to go somewhere and until there is a better alternative we should not worry too much and i welcome the opportunity. a lot of us would benefit because the crypto community tends to be ahead of the curve.
i'm gonna have whisper this... if anyone is interested, i sell bag of hopium. dm and we can set something up. don't tell anyone!
when the frequency of emails from the bank increased 10-fold about starting x,y,z account, get this loan - ie, plz put your hard earned monies back into 'your savings accounts'...i knew we were winning.
oh you mean that gambling stuff y'all are gambling with that is subject to strong as hell fluctuations might not make a good currency? dang
i feel that all the people scamming the system lately ie save the kids coin, are going to ultimately kill the market because it is going to get regulated to hell and back
well, thats a buzz kill. just let me daydream about not having to go to work in 2022! btc will have to hit like , my rules!
lots of people mad about missing out on making money in here and trying to justify really hard.
i still do not understand why, and what the implications will be. and to be honest, i think 99% of the people in this sub do not know that either.
you just triggered a shit storm. i still consider crypto a rainy day fund, even though i could buy a brand new car at the very least with my gains...
its a valid question but the more i think about it the more i know it is going to be adopted worldwide. economic warfare were one country tries to destabilise another's currency wouldn't possible. smaller counties with weak currencies would have a valid and secure payment system used by but not owned by other countries allowing them to grow and develop. internet security will be blockchain based its here to stay
very true, here is something else to consider on the flips side: even if it does one day fail, its still possible we are early. it could could keep climbing another decade before it truly fails. just another possibility.
you are posting this a day before a fucking country adopts bitcoin as legal tender.
i don’t so much think crypto won’t be adopted into the mainstream, but believe there is a high probability that 99.9999% of the projects at the moment will thisappear into obscurity; bitcoin included
ripple as an example. govt will make crypto illegal due to its use to trade funds for illegal activities. atm its great for finding criminals transferring funds for illegal activities due to the uneducated thinking computers can randomly generate a number and coins cannot be traced. but i am aware that apps used to hide your coin usage do not work . the most secure offline wallet can be hacked. and the ppl manipulating the market are very few like 5-10 ppl. it's a big con . - i am a successful altcoin developer.
name a technology equivalent the blockchain, with all its possibly, that did not catch on? it may take a long time. like vr is still not a thing but it will be when a 8k headset is 5 bucks.
well, it’s not a currency. it has never been one and has no worth unless compared to us currency. in the real world we call that a “commodity.” and commodities only have value relative to supply and demand. see oil, for example. if we went full electric and the demand plummeted, oil value per barrel would plummet. crypto only has value in the supply and demand sense relative to the belief it will ever be worth anything. that’s all your trading. because if i want a currency i just pay with a real currency. using crypto is just using us dollars with extra steps. frankly, it’s really dumb and i’m amazed it’s gone on this long.
sam harris’ newest podcast episode “the reckoning to come” has a guest on with amazing insight into this. he is incredibly intelligent and has deep connections in the crypto space. i think it’s here to stay.
lol i cannot fathom how this post has so many upvotes
cryptos are and will stay investment assets and nothing else. mainly because no institution can control the flow of money and cryptos are unsteady. the price crypto is easy to manipulate (see musk or trading platforms that go offline to prevent people from selling) i wouldn't want to be payed in a currency that could drop the next day
this is a very popular opinion amongst the 99% of people who do not give a shit about this nonsense fantasy money.
in my humble opinion: crypto will never be mainstream. it’s a novelty, and most people running finances in this country view it as a joke. if it ever approached mainstream the government would simply shut it down. just like that. over night it would all thisappear.
yep i'm totally with you. there really is not many real life uses for most cryptos. there simply is not. most crypto projects will fail to get massive momentum because well they just do not serve a purpose. there are a few rare exceptions tho that will still be around in 100 years time. utility based cryptos. cryptos that actually serve a widespread purpose like chainlink. bitcoin is not worth jack shit... i get that bitcoin has a price but that is speculative nonsense. what does bitcoin actually do that is useful to the world?
fact. if you're all holding onto crypto like stocks, how is it supposed to become currency? if it does not ever become currency, what's it good for? poof.
for mainstream adoption wouldnt you want the price to be stable and not soar erratically? at least that is how i understand why the usd is the standard. it's not because it is the most expensive but rather that its relatively stable buying power. i understand as an investor i want it to go up, but that doesnt seem conducive for mainstream adoption though. would appreciate more insight into this seeming conundrum.
ohhh i'm so sad that many people do not believe in criptocurrency mass adoption
what of blockchain? having records that cannot be edited after the fact? i think with the next level communism of vaccine passports, every complaint business will need it.
i didn’t get into crypto for the sake of crypto. i learned about fiats first, and then i started looking for hedges & safe havens when the usd hyperinflates. cryptos seem to be the only viable solution in the digital age. so basically - i know the usd will hyperinflate. what will be left over when that happens? crypto. whether people want to adopt it or not is irrelevant. it will happen
my unpopular opinion is the current crypto currencies would not ever go mainstream as a "currency". for the simple fact that world governments just would not allow it. they will most likely make their own centralized digital money like china did with their digital yuan. however nfts will be huge in the gaming industry for game items and collectibles.
trying that reverse psychology with “bring on the downvotes”
i say it’s already happening. i can use a crypto card now to pay my stuff. it‘s here.
i'm worried about the elites completely enslaving us with their cbdcs
isn't that the exact definition of "speculative market"?
i really like cryptocurrencies as a nerdy concept for decentralized transactions but i would never use them as an actual payment vehicle or value storage.
some of those coins, in theory, will last millions of years, maybe forever. i would say yes, we are early.
but muh bitcoin only gonna go up to 100 gillion bazillion cuz adopshun & el sabadoor!
a blockchain based currency *could* become mainstream, but it wouldn’t look anything like what we have today. it would have to be supported by major financial institutions, and be seamless and interchangeable to use alongside fiat. supported by financial institutions means supported by governments, since they are essentially the same thing. supported by governments means less privacy and control. so a new “global currency” that is built on blockchain could become a thing, but it will be a watered down version of the wild west we have today.
if you invest now, you are not early in the sense that most people heard about crypto. also, we are also not early in the sense that a lot of people bought crypto and mainstream media talks about it. also, a lot of universities are researching blockchain for other purposes. so no, we are not early if you think of the awareness of crypto among ordinary people. but we are early in the sense of adoption of blockchain technology and regulation. and if you look at the price of btc, it is not that high! 50k or 60k is relatively low. it has the potential to go higher. estimates say around 100-130k at the end of this year (do not know if i buy that). and blockchain. it takes at least around 10 years to adopt it (or even longer). so keep investing if you have fiat and do not invest more than you can lose!!
hmm if this is so upvoted does that mean its actually an unpopular opinion or popular? schrödinger's unpopular opinion
crypto will never reach mainstream adoption. it will fluctuate in popularity but it is far too complex and unregulated for the average person to jump on board. i'm not one to make predictions but this much is obvious.
**tldr:** - contracts are not legal, and calling them 'smart' does not fix the fact they cannot verify shit - nfts is a letter of ownership without any legal backing - crypto currency is functionally inferior to digital currency - defi is only possible once crypto wins, right now it is probably used as purchasing on margin on stocks... aka... risky for both parties and just more convoluted way of gambling - you can make money in crypto, but you making money would not be indication of validity of crypto as it would be 100% due to speculation. not due to utility provided by crypto. just how winning money in gambling would not mean gambling is a revolutionary new age tech. - - - - - - - - - - - - - - - - - - - - - - - - - not into crypto but i just do not see crypto or blockchain wining... crypto loses to digital currency... - crypto is slow compared to digital currency - crypto is more prone to fraud, you can have govt. - crypto still has transaction fee - crypto has less utility than physical cash and more traceable - if you forget your bank password, you can them to reset it. if you lose your wallet keys then lol. the only thing crypto has going for it is decentralization... so if you are living in a hostile country and want to do something with money then you should rely on crypto, but if not, 90% of the world, then digital currency is safer, convenient, and faster. then we have blockchain... blockchain fundamentally is storage, like a database... - but much slower than regular databases - costs more than regular database - it being decentralized has almost no value if you have no legal protection... (i.e. govt declares your software illegal no reputable business will use it and no consumer is going to risk jail over it.) then we have contracts - contracts are very limited it in what they can enforce. in end you need a third party to confirm work took place. third party can be another business, court, etc... but alone contract cannot do shit. if i create a contract that i'll pay graphic designer 500 coins if he makes me a logo. contract cannot determine if logo was created, you create a website where person has to upload an image, then there nothing stopping person to upload random image from internet. in real life you have courts to enforce contracts. if you are going to court, then blockchain based contract has no value you could have just emailed a pdf with contract and then went to court in case it needed to be enforced. then we have nfts - purchasing nft does not legally give you the ownership of an item. it gives you right to a reference to physical object or a copy of digital object. there could be cultural value to nft (like basket ball cards signed by players) but it cannot be used as a tool of ownership because you again would need courts to ensure ownership transfers, which makes going through nft pointless. then we have defi - which ultimately is lending crypto and charging interest on it. aka traditional loan. this cannot take off until crypto in speculation mode. why would i borrow . or reverse, give you . yes people will use dollar as a reference point because that is the currency you can actually buy everything in. it's catch 22 of crypto. nobody uses it, because nobody takes it.
i do believe that many, many crypto projects will end up busts. zero. nada...nothing. out of business. bitcoin is a simple protocol that has changed the financial world and it is not done. it has taken on different forms as it grows. different faces as it matures. bitcoin is not an investment vehicle. but it is viewed as one currently. so it is. an investment vehicle. it is a standard. a protocol. a peer to peer currency, first and foremost. it is flawless. other crypto projects will never catch up and most are just scammy bullshit anyways. eth is not comparable to btc. eth is a supercomputer. its move to pos will damage its potential in the future. but what do i know.
crypto will 100 percent make it. but not all crypto. get quamfy.
short spotted. this person has massive short positions and is praying to god the price goes down.
as an outsider this seems kind of obvious. it really looks like a pyramid scheme or mlm. for the average person, crypto is just outright inferior as actual currency in basically every way. it’s convoluted and cumbersome to use, it’s extremely insecure with no way to reverse transactions, chargeback, or recover stolen currency, it is far slower to process than traditional means of payment, its value fluctuates wildly depending on social media buzz, and its too energy intensive to actually be viably usable on a large scale. why would anyone use crypto over venmo, apple pay, or even just their credit card? unless you are buying something illegal it is worse in every way. beyond that, even the people who are super onboard the hype train aren’t even using it for its stated purpose, because it sucks for its stated purpose. it’s nothing but a get rich quick scheme for 99% of the people buying it. for the remaining 1%, it’s a means of purchasing illegal goods online.
once i read a quote about new technologies that went (roughly) like this: "any invention that relies on people using it correctly and not being stupid is doomed to failure". the last year has proven people will not follow basic instructions to even save their lives, not to mention the staggering number of scams going around in the net, a number that only seems to grow over the years so *someone is falling for it consistently.* i think crypto will see mass adoption by the tech savvy sectors of the population alongside those with high financial experience, otherwise it will not be adopted. there's also the huge misinformation and defamation campaign by banks and governments.
not just a chance this is wildly likely. everybody already knows about crypto. if you got in in the last year you're not early. if you got in in the last few months you're patently late.
humanity is too stupid for cryptocurrency, they are totalitarian idiots who will tink cbdc is god
crypto is already mainstream. if you cannot figure even that... jesus the bar is low
crypto have value because of blackmarket, money laundering, speculation and get rich quick scams. that's is 80% of cryptos values. i'm waiting for the time it will be common to pay groceries with an alt coin.
crypto will end up as just another investment. we already have a totally legitimate electronic form of currency that is far more accessible to everyone, why would we replace it?
the tech sucks. not unpopular opinion. imagine using more power than the state of new york, but can only process 1-3 transactions a second. lol.
how brave. “it’s possible”. what even is this thread lol
this post is redundant... crypto is already seeing mainstrean adoption and its happening right now.
so you’re saying there’s a chance…
now *this* is quality moon farming. \*grabs popcorn
i really just wish the lot of you would stop farming moons with these dumb opinions. this is not the change my view sub, this is not the unpopular opinion sub, it is a god damn cryptocurrency sub. would be nice if posts like this were just removed outright because they serve no purpose other than to fill up moon vaults.
if crypto fails we’re fucked
but on the other hand most people still don’t know what bitcoin is even if they have heard of it.
this is a great technology and it is needed and it is being used but not in the way that all of you have been looking at it as. lol. crypto is! where have all of you been?
please do not let this sub become another superstonk
my good friend states that crypto is the next dot com bubble. i believe blockchain and crypto is the future and is here to stay; it’s simple evolution of mankind. cash is trash. trump thinks crypto is a bad idea and ‘made out of thin air’. time will tell.
with governments increasing their tracking through tech, individuals want a sense of security and want to remove the middle man (the bank) from transactions. crypto is the future, i do not see how it wouldn't be.
crypto will reach mainstream adoption, but most coins will not survive. of course there will be some new ones instead. like just a few old "internet" companies survived, most are long gone, new ones were created much, much later.
and that is why we are rewarded big gains in crypto if you believe that it will become mainstream you hodl. that is the risk we are taking because we think there is a bigger probability that crypto will be used in every part of our lives.
obviously anything is possible, but i would say it is highly unlikely.
everything is priced in. you are late to the game as always.
you're still early...majority of the population cannot afford one bitcoin at 50k. window is definitely getting smaller for the average person to make life changing money.
centralized digital currency will be the end of democracy, freedom, privacy
once any of them have actual value then it will be more possible to go mainstream
lol finally someone with a little reality
we overestimate what we can achieve in 10 days and we underestimate what we can achieve in 10 years.
after researching and read dd on the on going gme saga, the amount of crime has driven a desire for transparency. crypto is an option to this problem.
this should be a more popularly unpopular opinion. i keep seeing the "guys we are so so early to this11! most governments and people like... havent even heard of it11!" is not that kinda... bad? after more than a decade and we are still struggling for adoption and recognition and use-cases? crypto does not realllllyyy solve any problem and will always be chiefly used as a speculative investment rather than actual currency.
imho, crypto will never be mainstream (as is.) i mean just think about it… the number 1 most important thing about any currency is its ability to be transferred freely and easily. nobody wants to use crypto because of the super high cost of exchanging it. its not a currency in its current state, its an investment. surprise surprise that’s how 99.9999% of people who own crypto are treating it.
i think the point that many are missing, is that crypto has evolved into a spendable investment, or a currency that evolved into an investment, depending on your timeframe. this represents an entirely new type of asset class, that has never been seen before, with the exception of gold. imagine walking into a store and purchasing some goods with a fraction of a 'stock', currently impossible. you cannot go into a store and buy goods in direct exchange for 0.01 of a bank stock, but you can go buy something with 0.01 btc. this is the innovation, besides blockchain, that will allow cryptocurrencies to remain, and evolve further, as a new type of easily monetized investment, outside of traditional banks. additionally, low cost cross border money transfers with crypto will replace current systems, and democratize money transfer for every person. these will be the things that will stick around, until replaced by other systems... banks and swift transfers will become the blockbusters of the future...
i do agree with what you say, because you should not believe it is going to make it and blindly rule out any (valid) reason that it should not. always keep an open mind. but on the other hand, i do feel like if you look at society as a whole and how everything is becoming more and more technologically advanced in general. the advancements in computing, how far the internet has come, everything is going faster and faster and more digital. seeing all that, it only makes sense (to me) that crypto is not going anywhere and is only getting more mainstream. for example, it is the same with people who used to own or work for vhs rental companies, or stores that do not want to sell anything online, eventually they get left behind. no matter how loud they are screaming that vhs is not going anywhere, or that selling online is not lucrative (in these particular examples).
i think personally it is more like the dot com era. insane evaluations for tech companies, most of which offered nothing new.
why can’t crypto just be the infrastructure on which we buy things like equities in the future? the tech is awesome, but it isn’t magically worth so much, why can’t the nasdaq just fork ethereum and write code for order routing and ownership shares that they host centrally? i don’t see why eth or btc are specifically valuable when we can just run our own blockchains for whatever purpose?
yea it’s for sure unpopular.
thats like the first rule of investing, never invest more than you can lose. why? cause you might be wrong!
6.9k upvotes for this?
it'll never get mainstream, the only use of crypto is to buy illegal shit online and be a weird currency whos value randomly goes up and down so much that no sane business owner would ever want to use it to sell stuff.
"...like many technological advancements and inventions have failed to do" - name 5 of those technological advancements that have failed, please !
crypto will exist cause definitely blockchain is the next technological advancement of mankind
not that is not an unpopular opinion, that is an uneducated one. the tech that lay behind crypto is immutable and unavoidable. the whole world will benefit from that. we may even avoid covid's economic fallout and start some kind of golden age because of it. the more fluid and liquid money and informations is, the more growth our society can output. and we need deseperatly need growth if we want to avoid a global conflict.
what? so normal people do not want to check their coins in the morning, leave to buy a car, half an hour later arrive at the showroom but now they cannot afford the car they wanted so they leave, once they get back in their car their coins have doubled in value so they run back to the shop but by the time they get served their coins have crashed to zero. doesn't everyone want this?
i thisagree with that completly, this is like the internet. just that adoption is 3x faster. 10-15 years we will see the true value of blockchain technology. buy good utility projects. take out initial investment and hold.
and the internet is a fad.
crypto in its current form is unsustainable. the energy costs are so great that if it does reach mainstream, it will collapse under its own support system. and as long as it remains unregulated, it will remain easily manipulated.
cash with always be king. 12 billion in . outside of that, at the end of the world, i'd rather have alcohol, ammunition, and food than cryptocurrency.
when you are understanding blockchain this question is obsolete. people are yearly getting more and more into understanding things and not just trusting on institutions that you should be able to trust (spoiler alert: you cannot). countries are printing money and who gets the wealth? the banks, the rich and not the poor one guys with the two jobs to survive. people understand, how goverments fail because they are are to slow or just implement things that the lobby fits. take a look on climate protection, health insurance (especially in usa)... there are so many things that should be self-evident but are not. because of this fact, it is only a matter of time were banks loose the of "our" money.
this is very unpopular on this sub
pixel nfts sold for thousand of dollars...
when we get there, my biggest concern is quantum computer hacking.
wow, some self awareness
if someone actually believes this it is probably because they do not fully understand the technology. i can see how maybe specific coins would not be worth as much as people believe they will, but crypto. there's no future where blockchain technology does not end up being used. unless we get wiped by an asteroid or some natural calamity, that is.
it is probably more likely that the banking system will end up using cryptocurrency while keeping a more user-friendly traditional interface for most people. people actually directly sending crypto to other people was always a bit too much of a dream, at least on a large enough scale to thisplace the banking system anyways. if it were to ever become that large legislation would strike it down so it never really had a chance to begin with.
thats not an opinion thats an thesis
i guess this in unpopular on this sub. but in the rest of the world this is pretty obvious
i dont see it mass adopted because the average person is really really dumb. also crypto being decentralized its too easy to steal
the 2tr market cap of crypto makes it really hard to fair. the big money will try to make it work and make more money from it. let's not get it twisted, saylor everyone is init to make money and not because they believe it
digital currency is the future, but crypto in it is form today is a fad, it is the beanie babies of the 90's.
remember - like any good ponzi scheme - you need more people each day coming into the scene and buying. a lot of people have already bought and are now waiting to see what happens. when no buys come in the whale holders of the coin start making the movements themselves. with what 1,000 some people owning most of bitcoin - it’s too concentrated for my blood.
it already is mainstream, you would have to be living under a rock to not know what bitcoin is at this point in time
if bitcoin reaches 1 million eventually then you are still early at 50k.
it’s been really awesome for buying drugs, robbing businesses with its relationship to ransomware & keeping regular people from getting a graphics card while simultaneously putting unnecessary stress on power grids. i think it’s another great idea ruined by the fact people find ways to make everything shitty.
i thisagree and this is as someone who does not have crypto because i am too poor. let me explain. with the invention of the internet there came another invention, a greater world market. communication across the world became lightening fast and thus the demand for shipping worldwide exploded. the explosion of worldwide shipping produced a need for an easier monetary exchange and the world market grew. this growth was stagnated by a fundamental inability, the lack of technology. while it is true that banking has apps and computers, it has the fatal flaw of government. [crypto has no government and thus is the future of modern banking.]( crypto will be worldwide. it's a matter of time. whether that time is 10 years whether it is 100, i bet it will happen. hashtags are free.
if crypto goes mainstream we are screwed along with decentralisation and everything crypto was originally standing for
imo this is the last bullrun with a btc ath for at least 10 years. after this one, with regulations etc on the road, things will bleed out... hope to be wrong of course
no there is not. solve the consensus problem any other way. go on, i'm waiting.
i get what you mean, but crypto **is** inevitable. especially when talking about the future of internetofthings, and iot devices.
i think its more likely that some genius mathematician comes up with a framework to break any arbitrary cryptographic system using quantum computing, which would cause all cryptos (among many other things) to come crashing down. the end state will be that humanity needs to figure out how to chug along without the need to transfer value at all. even today, state intelligence actors have a vested interest in breaking coins and keeping it a secret. i'd be surprised if the nsa has not broken some coin and is basically printing secret money that stays off the books.
exactly what's going to happen.
as someone who is not into crypto and has no intention in investing in it, i don’t see how it can become mainstream. correct me if i’m wrong but it seems to me that a stock market which favors the rich and is volatile just seems like a bad marriage for currency. what makes currency valuable is trust. the stock market does not have it nor will it ever imo. imagine working a hard 40 hour work week only to have half of it go away to market manipulation or volatility. the stock market is a confusing place, your average 40 hour week 9-5er doesn’t have time or energy for it.
crypto will always be a secondary currency to "fiat" money. please note that all your bitcoin, etherium, etc., is valued in dollars... what does that tell you???
this is definitely not facts. i feel like a lot of these posts on here are by ibf clowns or their silver spoon kids who are losing their bullshit grip on world domination because of this crypto shit. “them pussys in power dieeeed and all my wishes came true” - gunplay
boys crypto is never going mainstream unless the us adopts it as legal tender
i just wanted to stop in and let you know you're all delusional. once crypto stops being a fun way for bros to get rich quick or it gets clamped down on for its illegal side, its over. people will be saying "hey remember that crazy crypto stuff??" and you'll all lose a lot of cash.
yeah, when you have idiots posting things like this that get picked up by algorithms and bots which affect market decisions, right when bitcoin and ethereum are going straight up, that is not helping.
you really think anyone is “early?” five years ago, maybe.
and that chance it very low. the end. we are early
crypto has already won.
this is more probable than crypto becoming truly mainstream
wait people just getting into it think they are early…?
quantum computers will make all forms of encryption obsolete. quantum encryption would need to be solved. bitcoin is not the future quantum encryption coin is. eat my ass cuz no one cares.
incorrect. this means you lack deep understanding of crypto. the world we have right now, is mostly extreme capitalism. in such a state, corporations only care about making profits and lowering cost. the most beautiful thing about blockchain is the ability to help big companies cut cost, the bigger the company the more savings. do not believe me? look up the senate hearing where ibm was commissioned to build a blockchain for the shipping ports that will eventually save billions. the world speaks and reeks of money-mongering so you can even try to hide the blockchain away but these for-profit companies will hunt you down for the blockchain tech. it is sweet to think that you think the blockchain tech revolution is up to normies decision making. money flows to where money can be made. the hearing report: [ edit: this is truly exhausting to know that the folks in crypto are so simple-minded that they cannot figure out anything for themselves after reading the comments. if blockchain tech brings great value to big corporations. how is it that the smooth brain folks cannot see that they too bring value to the smooth brain folks? i mean are we living in 2 different worlds? do i really have to connect all the dots for you guys. maybe breastfeed you guys while i am at it.
only thing holding it back is electricity usage. if that can be solved in some way, i do not see anything real stopping crypto from being widely adopted.
world as we know it is gone in around 30 years. doesn't really matter if you're left holding a bag or not. get it while it is hot and try to move up a strata before the end, or just enjoy the rest. ether way, nothing matters, we're already dead and just do not know it yet.
there is also a chance that biden does not have dementia. however it is highly unlikely
interesting how this short anti crypto post has 8000 upvotes on a crypto board.
the only (near) guaranteed thing is bitcoin
what the hell kind of fud attack is this.
this is not hopium! it's some godamn nopium!
el salvador just adopted it as a legal tender. there's a cojntry in europe (forgot which one) that is forming a platform with oaypal and bitcoin (or something like that). we're early. like stupid early. like nikola and ethison are still battling wits over ac.
you're completely right, crypto may not make it in the end, but to think blockchain would not when it comes to things like digital identity and supply chain tracking is moronic imo
ma dudes no matter what the future hold mass adoption is inevitable
stop trying to make money. it's not an investment it is a technology. investing in it is like buying piles of hammers or rocket parts. it's going to change the world but the chances that you get rich because of it are very low. if that is thisappointing then i think you may have missed the point.
way to make a thread full of text but at the same time really saying nothing. brilliant.
if you use the term 'crypto' to mean all the coins and tokens then yes obviously there is truth to what you say. however if you believe every crypto is doomed then you are not paying attention. your post is so vague it is almost comical. get rich with the bankers i say!!
the fact that any can make a new crypto and that can become a new hype, mean while older cryptos still have a bad rep for being inefficient the older they get with data mining, and the hacking ofc that’s just within the crypto sphere. then there is the fact that governments don’t support crypto and it’s only trending based on supply and demand. which sound ‘logical’ but that can mean it is also volatile and people will only benefit when enough money is in it, which creates the problem of inefficiency. also the reasons people use crypto doesn’t have enough support imo to make it a stable substitute. since it is only digital. it’s like investing in gold, for inflation concerns as another way of being ‘liquid’ but with crypto it has not physical presence. the benefit of crypto over gold is the potential increase someone’s wealth by being an early adopter which is kind of like a pyramid scheme because it seems the long term of crypto is not sustainable. i think the power consumption to get new coins is a major concern for old crypto currencies that have been mined for a while. i would change my stance if they resolved the power efficiency problem and some kind of government agency was responsible for the security of the cyber security.
why wouldn’t it be mainstream?
this might be the case for 99+% of the altcoins and for nfts. but bitcoin for sure is the future of money and if people want to have a hedge against inflation (which will get much worse over the years) they have to buy bitcoin. bitcoin isn’t just a funny tool with funny numbers like most other technologies, bitcoin is revolutionary and will have the biggest impact of the live of the average citizen ever. the time might not be tomorrow, might not be in a year, might not be in 20 years, but at some point bitcoin will be mainstream, it simply has to. the only way to not make bitcoin mainstream is if central banks are replaced by a simple gold standard like it was the case in the us in the 19th century. but as long as the government keeps sticking to inflation, fiat, central banks, high taxes bitcoin is inevitable and i‘m sure they will stick to those evil things because nobody in power wants to loose power.
crypto will only become mainstream once there is fdic and regulations. yes, i know it is contradicting the entire purpose of crypto, but the majority of people are not going to risk their life savings unless it is secured.
people who think crypto is any more than a ponzi scheme is huffing insane levels of copium
cryptocurrency is a fraud.
theres a chance youll grow a second dick too.
i believe there is a great chance that it would not take off. simply to the fact that you take a lose converting fiat to crypto. countries are already working on digital version of their currency as well.
competition from established techniques and companies, fierce resistance from governments, bad actors promoting fake products and services. if blockchain tech can overcome these things - while staying decentralised - it will change the world
down voters have tried to burry you but the truth stands strong 💪
fiat wont survive space travel, and the only way we survive is to get the fuck off this planet and start colonizing ' *obligatory spacechain spc plug*
the problem with crypto is you cannot actually use it to conduct business. describe the scenario where you go to the grocery store and pay with crypto? wait around for 10 minutes at the register for the transaction?
blockchain alone, if utilized properly, can become a gamechanger in the mainstream.
i would say that is only so true. technology like vechain coin tracks logistics and is already heavily in china. the government there have invested in it and are already working hard to set up the digital yuan as a leader in crypto. in argentina the gov is sinking loads of money into turning it is volcanic energy into crypto mining fuel, so to speak.
i’m not betting on it getting any bigger, it’s also reached a somewhat meme status. why? i don’t need untraceable currency i’m not buying anything illegal. it’s more volatile. i can already wire money instantly from my bank with my phone. i don’t have to worry about chinese people mining my currency out from underneath me.
why would 99% of the population ever care about crypto? if it ever tries to reach mainstream governments will just ban it
honestly, as much as i think crypto should be a thing...i do not think it will ever be mainstream. not because people would not want to adopt it, but because the "man" will manipulate people to not use it. i also think it is still way too niche and the value is super inflated and manipulated by speculation... which is one reason it would not be mainstream any time soon.
bitcoin will eat the world as digital property.
is this actually unpopular though?
you crypto bros are silly. early was like 7 years ago. go find the next opportunity edit: massive gains have been existent in biotech for a very long time. people responding to my post with omg this percentage gain these gains lala acting like they know what might happen with something that has no past data. smh. you're all about to get wiped
yes i'm praying for you all to fail every day. you should all be ashamed of yourselves for hyping up this hyper-capitalist practice that is destroying the environment just to make your imaginary numbers bigger. if you put half of this effort into building working class solidarity against the rich instead of just trying to become one of them, the world would be much better off by now.
yeah. it would not. you think the money in charge of banks will ever let go and let the people decide the market? nope. no fucking chance. actual zero. they already coopted blockchain into their financial systems. you have nothing more they want or need. crypto is just a legal ponzi scheme at this point.
"crypto" wont. bitcoin will
no. crypto is future for sure, btc cannot be stopped.
can we at least wait until we solve global warming to make money consume ridiculous amounts of power?
crypto will never work because there is no regulation or standard for them.
so its now reddit crypto promoting fud. nice.
i think crypto can be near enough considered mainstream at this point. the only thing holding it back is the lack of uses to actually purchase things, and i do not think that will ever kick off properly for a couple reasons: 1. it's volatile and prices can change in an instant 2. it easily manipulated by wales 3. a lot of governments wouldn't be happy (probably including a lot of western countries)
anyone who believes crypto is something more than an asset to speculate is delusional.
no. crypto adoption is inevitable. we just do not know if it is in our lifetime or the next ones.
serious question: if the paper dollar fails and crypto isn’t adopted, what is the realistic alternative?
or you could be the same type of early as nasdaq investors in 2000.
youre all trying to get in early on "the next bitcoin" and will eventually realise you are all buying empty promises pumping the founders bags. these shitcoins arent even decentralized...
most people i know won’t invest in crypto as nothing backs it up. for everyone’s info - i hang with the finance. they’ll buy 100k worth of stocks because a company with sellable products is behind it. i own doge and ethereum and get mocked by them despite significant gains. also own amc and gme tho so go apes.
this is why i still have a little less than half of my investment money in safe index funds
this is why, no matter what, you never invest more than you can lose 👌
no matter what time you buy crypto, people will say is still early.
that's a risk i'm willing to take
you do not need validation for your opinion.
the internet is also not for everybody
man stop trying to break my hopium bubble
crypto will likely reach mainstream adoption. there's a good chance, however, that it would not be any of the coins currently available, and that the coins that we are currently getting rich from would not even be around anymore by the time crypto goes truly mainstream.
crypto will get mainstream adoption when it works the same as the banking systems that we have now. i think it is good for crypto that countries like el salvador have adopted btc as an accepted currency, but i think btc is the wrong choice as it is slow, expensive to use, and uses a lot of power (compared to other crypto, it uses a fraction of the worlds banking systems). if every payment you made from your bank account cost you money to do each time, it would suck. this is why people prefer fiat. if a country were to adopt something like stellar lumens (xlm) it would be a lot quicker and cheaper. i think prices would also be easier to fathom because something could cost say 20 xlm instead of some weird number of satoshis. the other problem that comes up as well is things like overdrafts. a lot of people rely on an overdraft as a buffer to make sure that they can get the things they need each month. to my knowledge, i can only spend what i have in my wallet, and it is not possible to have a negative balance. again this could put people off.
there should be a capt.obvious award.
fake new cryptos will be spammed soon (as in days) after you read this post, beware of forum sliding and shills. this might just be fomo fuel. everyone knows cryptos will tank before the end of year, given the inflation situation.
lol ofc there is. as its is for wwiii, meteor strike, another global pandemic etc. or hundreds of other black swans. and this sub is optimistic during bull runs only:d
we need to spread the crypto word too
it is a gamble at this point. i not betting the house on it, just what i can live without if it all crashes and burns. 80% big 3 crypto 20% shitcoins. that’s me.
now that is some insight.
the fact of the matter is crypto is going to lose a lot of appeal with them cracking down on capital gains tax. i hope some of you have been paying because they are fucking coming next year and will be looking back. they know this will be a money generator for them. ironically that should kill some of the volatility and help business start to adopt.
not very likely... crypto is adopted widely... though not everyone is on it yet.
definitely considering the amount of interest big players have in the giving your average joe under the impression that it is a complicated, dangerous, sketchy form of mysterious technowizardry only used by mit grads, money launderers and those in the child exploitation trade. or perpetually referring to all of it as a bubble about to crash.
the proof is how does an item begin at 0.001 and reach thousands of dollars, thats where i derive my hopium, and long term confidence
all these coins are just proof of concept. the same thing as that infrastructure bill will keep happening until projects like sol and eth are replaced with jpmorgan and citichain. everyone holding btc has another thing coming when they realize how gold was seized before it become a global currency
it has been in the making for a long time. it is far from new and i do not see it going anywhere but too the moooon.
"visionaries see a future of telecommuting workers, interactive libraries and multimedia classrooms. they speak of electronic town meetings and virtual communities. commerce and business will shift from offices and malls to networks and modems. and the freedom of digital networks will make government more democratic. baloney." ' [
it might not be adopted widely in society in the form it is now but it might be used in many background processes also it still is a far known financial asset used by many young people to increase their money. the fact that many young people use it, and many still too young people would like to use it and will do so in the coming years also shows that a bright future of crypto is likely. plus the fact that even the first states are accepting cryptoanlagen as official currency.
investor bias evidence. lol
just wait for government regulations in the us
had some thiscussions with people ... it is hard specially when it comes to money
guys do not we ban people for talking like this he is being not very positive...
usd is already a digital currency. that's why y2k scared the shit out people. if paypal or amazon invented bitcoin and you had to use it to shop online, we'd be somewhere.
blockchain is inevitable. the question is, which cryptos will make it? i'm pretty sure the only guarantee so far is bitcoin. everything else is speculation.
“bring on the downvotes” ok, just for that asinine, insecure comment.
crypto is one giant scam done by the same financial institutions. see tether for example. price of bitcoin relies entirely on the tie to the usd.
if you understand btc and you understand fiat, this is close to impossible. edit: downvoted by people who dont understand any of this and are only here for fiat profit lol
crypto is far too unstable for mainstream. look at doge. it was created as a joke. people got rich off it and lost big off it. the swings are huge and fast. too risky. it'll just be a way for those in the know to make and lose money.
when the central banks eventually collapse, crypto will save us.
i believe we are too early and the “mainstream adoption” is still 50 years away. this is my opinion.
crypto will always be a speculative object and it will be used for illegal transactions, money laundering etc. it will never be a currency like the us dollar
crypto is incredibly energy inefficient, there is no way in hell the world can power a large enough crypto economy to be adopted by 8 billion people. i'm not saying the technology is useless. i just think it is not the kind of currency we should be investing time and money in on a planet that is going full speed toward a climate crisis without even letting off the gas.
well why do you think we are not early? this technology is just 10 years old and untill 2015 has not had much development. what would you call early then? first year? first 2 years? smart contracts were inexistent then
i'm here from r. fuck crypto. it would not be mainstream. crypto is just gme on a much larger scale, you're just playing games with other investors all trying to get rich off each other. there's no real value, just the made up value of the day.
buy eth btc, do not be a dumbfuck, as it is the most serious crypto out there.
lmao you clowns that is what will happen. at least one of you has woken up.
even if it is adopted mainstream... newsflash... your not early.
this is a lot of fud. don't listen to the fake news cnn. don't get advice from the attention whores like elon musk and mark cuban. look at the successful businessmen quietly making money and are invested in crypto and putting not only their money but also their best employees behind it. it's one thing to waste your own money its another to jerk around highly valued workers and give them new titles and retrain them. i could go into more details on the future prospects of crypto but i would not since it starts getting into areas that are quite sensitive.
the moment crypto is used to fund a 9’ll be over. the government will ban banks from transacting with anything to do with crypto. edit: i want to clarify. the gov cannot shut crypto down but they can prevent you from transferring money to and from your wallets from “normal” online banks.
i see current crypto as pyramid schemes lol, still got some tho. also it is unlikely a currency will be widely used if it is extremely volatile so there’s that. when the right crypto come around for currency use it’ll prob be a lame investment.
this makes no sense since it already has been adopted. this was a post to make when i started in crypto almost ten years ago. from what i've seen since then, crypto is going no where. it is being adopted, it is just a matter of how fast. have you even seen the adoption charts? it's being adopted faster than any tech in the history of humankind. i think if you saw those charts you would have never posted this.
there’s also a chance that a quasar hits the earth and vaporizes all life. so why dont you just sell yoir crypto now and yolo out if you really think mainstream might not be coming
it's indeed an unpopular opinion, and it might be true, but if you ask me your opinion is pure nonsense. if you look at the growth of crypto we are still at the start of the economic revolution.
there is a chance, but very small almost negligible ;)
i love the idea of a currency that is not wholely manipulated by governments, but the ultra wealthy will do everything in their power to protect their wealth. there will be a huge opposition to crypto by those in power and if it survives, there will have to be a gigantic push by the world's common folk to make it happen.
govt can make crypto illegal one day and bam value drops
this is the most unpopular opinion i have ever seen in my life. i am shocked and appalled. how could you fain to suggest such a thing? there are women and children in this sub.
if this isn’t common sense too everyone that any given future isn’t inevitable, and this post was like a “woah!” moment, im angry and thisappointed in all of you.
unfortunately rampant fraud and limited adoption will maim it forever. i respect and appreciate you want a better life. please don’t get burned.
honestly i think crypto will spike when they finally do away with physical cash. people are going to find ways to sell illicit goods or sell personal property without being taxed. crypto is the answer to that.
in the end there will be a single crypto that the planet will use as fair exchange of stored energy. governments today see a need for the current crypto currency’s to exist. the first is their existence allows for the inflation of stored energy (money) in the system that no specific government is responsible for. in the current environment governments are already printing money at the fastest pace possible without others losing faith in their respective currencies. now comes the good part. an emergency of who knows what will occur in which the monetary systems as we know them will be considered unstable. the one world order will then create a new stable currency that everyone must use. the best part of this is how the wipe out all old debt and ownership. everyone gets universal income provided you do your part. no one gets more than the person next door. the best part is that all transactions can be taxed. football players make the same as burger flippers or maids. and if you don’t like this system? to bad, you can’t do anything about it. they can add money to your account or taking it all away in an instant. that’s how it’s going to be so like it or lump it suckers
it is a cool a idea but i hope it never goes mainstream. crypto is incredibly wasteful. every part of crypto requires much more energy than legacy currency. if it were to catch on it would exopodite [carbon]( emissions drastically.
an unpopular opinion, that is actually pretty popular. impressive work there, sherlock.
naw man. i always make sure i act grounded and reject hopium. probably the major reason for "stagnant" (emphasis on the quotation marks) growth is boomers. there is an incredible amount of potential with the newer generation born in the digital era. once the ignorant fossils who keep bashing crypto (while barely being able to turn on) fuck off from this world we will see insane explosions in adoption. now whether these will result in the price spikes of today's coins, that is a whole 'nother story. just an example - a decade from now, people's idea of valuing something just over its scarcity might shift towards utility with the advancement of the tech. who knows, btc might not even be in the top 10
these kind of opinions should be illegal
there is also a *chance* you're a troll.
crypto is and has always been a scam.
the banks can and will destroy it if it even remotely threatens their centralised sense of value. people who think otherwise are insanely naive. crypto investors are just plain stupid in my eyes.
fud is all that is ever posted in this sub 🙄
let’s talk numbers : bitcoin is only 1, and 1. and when it comes to holding or exchanging, bitcoin is way better than both. we are so early.
they will never be used as currencies, but they will be as ressources, like ether
noob question here - what are the chances big banks have enough of this crypto stuff and flex their power to shut it down? or remove competition and consolidate? personally i think they are more likely to work with crypto - as they realize they can still have significant control over it without being so overt.
crypto is being adopted at a faster rate than literally any other technology, the internet and mobile phones all took longer to gain the users crypto has.
chance? what? -- crypto has been in existence for 12 years and i have never - never seen a retail store that accepts it. i know they exist, but not in my community.
i think the widespread adoption will happen in first world countries but third world countries would not. and by adoption i dont mean government but people using it. my country's 35+ are almost not educated to the level of using smart phones so, and most of them would be the ruling class. what i believe is it would become the electronic gold.
i mean... duh? good for you for finally catching up to 99% of us.
for me the biggest issue with crypto is how to do we prevent criminals from using it? if there is no way to even stop criminals, then criminals will take over crypto and dominate it completely, with regular people being nothing more than sheep getting fleeced
i do not know what is "mainstream adoption" but enterprises already use projects like . you just have to go through all that pile of sh\*t, hype, shill and fud to find real gems. projects like cardano and many others would not have any relevant adoption. even their founders must know it, therefore you can see massive hype around these projects to pump value of their coins, while having no utility.
lol it will never. i remember starting crypto in 2017 and having a blast slowly but surely making money. once i cashed out i will never go back in. i remember earlier this year my supervisor saying "if you dont think bitcoin will hit 100k by the end of the year youre a dumbass" and boy it is not even close or will it. i laugh at him everyday for that and he is already lost a good amount of money on it. i rather go into stocks crypto at this point is just a pointless gimmick
few days right before a whole country adapts cryptocurrency, you say this?
this is actually the stupidest thing i’ve seen on reddit
such a dumb fukin take jfc.
lots of people hold btc. it’s mainstream allready. shitcoins still have no use though
surely as more crypto efts etc that can be traded on the stock market without needing proper understanding and stress of wallets etc it will become more popular? i own a tiny bit of crypto but wold love to see diversified low cost efts available through the ‘normal’ stockmarket. anyone else think along the same line?
“im not saying this will be the case” “i’m just shit posting like a dumb fuck that i am” 6.5k downvotes, mission accomplished jackass
well this is a great point you bring up. i am bullish as well but alot of people are not ready to have that convo….just when lambo
there's a chance my fortune cookie is wrong, but i enjoy eating it
this thread makes me feel the same way i did the first time i got rick rolled.
do you mean it is possible to not live with unlimited cocaine and hookers for the rest of my life? what a fud
let it go you damn dirty ape!
it’s possible. i hope it’s unlikely.
well this is certainly unpopular
no seriously evolved civilization would use paper and metal as currency while letting someone else hold it and making you pay for it. we are early.
i think not only is there a chance, i think there is a realistic chance
oh wow the new title “actual unpopular opinion” we are evolving guys !
gotta agree with ya, crypto might never take off and that is why like to take profit every once in a while, still, cannot ignore those results from the last 10 years. dca, diversify, enjoy life.
this would really suck and not just monetarily, i enjoy the community and research
non-zero maybe, but at this point the risk of total failure is drastically lower than it was at any other point in the history of cryptocurrency.
actually you're right. there is always a chance having that concern. it's possible but it is not probable.
the crypto market cap is over . we are clearly not super early anymore. it can still be a strong performing asset going forward. you have to do something with your cash
holy shit stop. so damn transparent
upvoted solely for the reason this is actually an unpopular opinion
actual unpopular opinion: you're right on time
i think it is important to not put all your hope in crypto when investing in the area. a recent example of traditional investment going shit is the theranos company. it had big players in the ipo and was deemed the next leap in blood testing technology. everyone wanted to invest. it was going to make people lots of money... only until it did not and the tech was exposed as a fraud. now i'm not saying that any coin in particular is like this because i do not know and likely no one else except the coin creator really knows... my point is do not put all your money in on horse and spread it out. and spread out the amount you're investing across time (dca). no one knows the future. invest what you can afford to lose.
errr no, it is like internet, cell phones or microwave ovens. they are here to stay, maybe later that evolves to something different, but it will be mainstream in some years
there’s chances for alot of things! but you can’t go through life with that many doubts! (edit) - spelling is hard
opinions are like $...
as it is today the value of crypto is quite unstable, which does not fly for a currency. in the world if today crypto is an asset. if it ever stabilizes and becomes a commonly traded "thing" for goods and services then it will be a currency. either way, i have faith that crypto will have value in the future and be at the minimum a hedge and then some versus holding usd.
iota will receive mainstream adoption because it can do things that current technology cannot do. micropayments, and feeless data transfer are in high demand for iot usecases. demand for btc however is pretty low outside of investors trying to make more usd.
very very very possible
be careful, people on here only want to hear that their crypto will go up forever.
i can see how one can be paranoid and state this but no that is not the case my brother as long as inflation goes up crypto will be mainstream
i do not like scary stories
it's already mainstream though because it is on tik tok.
so you just gona bring this into the universe huh?
the river flows where it wants eventually.
any of these people that think the current 1% will left crypto investors become the new 1% is deluded.
it’s literally a legal currency in two days…
the market cap is in the trillions. it would be the biggest thing to happen in this century if crypto were to just implode over the next couple years
that’s why i’ll never yolo into crypto but i’ll maintain several positions until they make me a lot of money, lose me all the money or i die and pass them onto my kids.
i like unpopular opinions.
yeah but that is just like your opinion man
people who say this don’t understand the technology behind it. they think it’s just about having a digital currency and defi. you need to do more research and understand more about blockchain, cryptography, web 3.0, smart contracts, banking the unbanked, digital identity, data privacy, d’apps, supply chain advantages, decentralization, democratization, etc. there is a lot of ingredients and utility in a lot of these coins. it is the equivalent of paved roads for cars.
always possible but most of us lean the other way
that's true, crypto's biggest strength is also its biggest limiter from going mainstream: the hugely variable prices decided by the people. it's the buyers that give crypto value, so if x crypto is not valuable, it has no value. volatility is a true stopper of crypto going mainstream, so yes i do agree but i also do hope that this (op's unpopular opinion) does not come true
it’s impossible that 100+ coins deserve multi billion dollar valuations and that’s where we’ll be if we have another bull cycle soon and that’s before we have any use cases for a lot of this tech. right now crypto is very much speculative in a lot of areas and this talk of being early misses the fact that you can be early before adoption takes off and still pay too much because rampant speculation shoots value through the roof. i do believe some coins will be big long term winners but who knows which really.
good point. i also don’t believe this will happen, but it’s definitely important to keep this possibility in mind.
pwc has a product called air trace. this is what mainstream adoption looks like.
i’m still making more than i would with fiat so i’m ok with things
there is a change all of crypto could go to zero. everything depends on food security. if people are starving they will sell everything to fill their bellies. in the end btc is less valuable than a cheeseburger.
hmm that is like <1% chance of happening but thanks for the perspective op :)
that’s actually an unpopular opinion m, i am impressed op. however, crypto is unstoppable. it is inevitable.
crypto is the actual currency that is used outside of the simulation. stock up now so you can be rich when you get out of the matrix.
bruvs been to rehab post hopium od
well then this isn’t your opinion isn’t it? nobody is actually saying this except boomer skeptics.
that’s literally already not possible. do you keep up with any news? why speak when you know nothing?
opinions don’t matter. bitcoin is unstoppable and therefore valuable. arguing is pointless.
aren’t we always early if it never gets there?
it’s definitely going mainstream, but we probably aren’t as early as we’d like to think we are.
i do not think this is unpopular, anyone with half a brain acknowledges this possibility. i just do not think we like to be reminded or talk about it.
but its not your opinion op. so yea its unpopular, almost to the point that no one believes it. yourself included.
the only way that happens is if governments shut it down tbh also can you name a technology as widely accessible and recognizable as crypto today that failed in the past?
i mean, i doubt many of the things we are using.
distributed ledger technology is useful when records online need to be third party verifiable and certified legit. most everything in the world right now is good enough with a database of mediocre data. cryptocurrencies as a method of long thistance payment and online casino are currently more useful than dlt in other applications.
i’m like 70’t that crypto won’t catch on it’s that i’ve gone too heavy on things that’ll be replaced by something better
fuck you toby. why are you the way that you are?
yes and no. will currencies be widely adopted. i think highly unlikely on a large scale. but will blockchain shrink? no chance in hell. it will be the basis of data collection and storage. that’s no small tech.
my biggest fear is that all of crypto, btc included all other other projects are just giant money laundering schemes. i mean some or if not most are but you get what i'm saying
i fully expect another huge bubble and crash in crypto with a bunch of drama in mainstream tv and people declaring crypto dead and so on. but crypto is here to stay. it's such a revolution in money that it changes the rest of society with it.
you're right. but if crypto fails there'll a better system to replace it. keep an open mind and look out for crypto killers. fiat banking will change inevitably.
nah not possible imo.
*chuckles* now that is an actual unpopular opinion
i mean a solar flare could wipe out all our cryptos and global warming could wipe out civilization. everything is a gamble. i personally do not see people getting paid in bitcoin. not in a mainstream way. but i think it will definitely continue to grow in bigger and bigger ways and will do things we cannot predict.
we can still be early despite crypto never reaching mainstream adoption. if the adoption increases, the top cryptos can still significantly increase in value.
i'm in the strong belief that the technology survives and changes our world. but the assets we trade today are doomed and will eventually be some new coin the shitty governments decide to launch. i still whole heartedly believe that no government with their own currency will ever adopt a currency it cannot control. its why the us got off the gold standard. that being said, i think 99.99% of the people here are here to make money, not drive global monetary policies. lets stay focused on that paper and let the rest sort itself out.
another unpopular opinion: bitcoin is the only real cryptocurrency. all other altcoins are unregistered securities made largely by for-profit entities, who protect themselves from registration, regulation, and taxation in any specific jurisdiction by leveraging blockchain decentralization. not that that is wrong or anything, some of the alt projects are truly amazing and pioneering the information infrastructure of the future. another-another potentially unpopular opinion: btc will never get flipped.
no no no no no no no no no no. nope. no no no no no no no no. no.
this is what people who were wrong said about the internet in the early 90's
lalallalalalaala i can’t hear you
crypto will always be a form of investment for western nations but i think it has more use case in poorer countries
i was thinking that back when eth was …
i've wondered this as well. what if the banks send some big cheques to the totally legitimate politicians worth a hundred million dollars on 150k a year salary and try to outlaw crypto? if the usa bans it, the rest of western societies might follow. i dont think that will happen but it wouldnt be the craziest thing i've ever seen. the elites arent going to like a bunch of new money coming in and throwing their weight around regardless. time will tell.
this is a legitimate question that i think every crypto investor asks themselves. i know i think about it a lot. i also think about how huge crypto is already and that it would take something catastrophic to destroy the momentum it is already gaining.
world's most valuable asset is time, second is network effects. underestimating the power of network effects is just bad understanding.
it's always wise to consider the other side of the coin. we assume that innovation is a straight forward progression. but that is only because the majority of them you ever hear about are the ones that succeeded.
what i have realized is that blockchain technology can literally be described as being alive. its popularity is a function of its usefulness and price-increase, and its usefulness and price-increases are a function of its popularity. for cryptocurrency to somehow fail to make it, there would need to be either: a complete shutdown of the internet or something else to replace it that is even better. the only thing that is better than cryptocurrency is another cryptocurrency. could cbdcs outcompete cryptocurrencies? no. cbdcs are the china-fication of mass surveillance and even allows for programmable money (which has all sorts of dark implications). for this to work, we would need a perfectly trustworthy central bank and a perfect political system, since absolute power corrupts absolutely. if the world governments all simultaneously banned cryptocurrencies, that would actually be one of the biggest advertisements for bitcoin. the entire point is that it is a libertarian, and nobody could stop you. if you want to donate to wikileaks, you can. if you want to watch pornhub, you can. if you want to be 100% sure that payment cannot be reversed, cryptocurrency is the way to do it. if you are in a country under sanctions, or experiencing hyperinflation like afghanistan or lebanon or venezuela, or have otherwise authoritarian, you would not only be interested in cryptocurrency, but it would literally be the difference between life and death. not to mention that connecting more people together creates new shit. facebook when it was tiny was boring af. a few photos and personal posts on personal timelines. but ten years on, it has grown to encompass 1's population. there are groups, marketplaces, gaming, payments, etc. all on the platform. it's one of the fastest-growing blue chip stocks out there. we are in the earliest phases of investing in the equivalent of facebook over a decade ago. barely 20% of the uk, and a lot of them have only dabbled with some pocket change. barely 10% of the world has touched it so far. we are all still very early, but we can have a lot more conviction now than in previous cycles (lindy effect) it is the birth of a new internet. it's basically unstoppable at this point.
diminishing returns are real. and it is always useful to ask, if we get to a certain price point, how does that occur and what does the market look like if it occurs (e.g., expecting some random alt to have 1).
it would be a shame if in 15 years time crypto as we know it is all dead and, corporations and governmental bodies have researched and created their own blockchain technology which only benefits them and their business while the average person has no access to invest in them.
lalalalalallallala i can't hear you!
i think crypto and blockchain are both inevitable, but i do agree that it is wise to proceed with a healthy degree of skepticism because, yes, there is a chance that it might not happen.
this can’t be. every hour i see a post where all coins and projects are going up 100-10000% this month.
“tezos and european banks have entered the conversation”
it’s the biggest the bubble in history
i'm not even mad at this just kinda smirking though i respectfully thisagree.
the first actual unpopular opinion i’ve seen posted
*reads post* "we are so early bro."
blockchain will be mainstream for sure. an individual blockchain, however, probably won’t survive the rest of time.
its too big to fail
i’m an investment advisor, my clients range from like age 93 to age 13. i’m starting to get calls from clients in their late 50s asking me if i can show them how to buy btc, what’s a hard wallet, should i use coinbase or binance, i have dogecoin should i sell?, etc. this shit is happening. these guys are not very financially literate and they are becoming interested in crypto.
irrefutable is the fact that we are indeed early.
it only fails if we all lose interest
they need to address the transfer times. im just wondering why anyone would use certain cryptos as payment when it takes a few minutes to transfer vs eftpos.
what about my gains?
defi already scaled 100billion. visa recently bought a nft jpmc, morgan stanley, fidelity, blockrock directly or indirectly having exposed to crypto coinbase and robinhood recently became publicly traded companies banks started gaining rights to sell crypto countries started to accept bitcoin as legal tender just few that i could think on top of my head. what do you mean by mainstream ?
doesn’t have to thisplace money. i’ve seen projections that crypto only has to gain 10% of the traditional finance to reach those .
i like these posts. thank you for giving us something to talk about.
even if your favorite coin will implode, you cannot deny the underlying blockchain technology is undeniably useful. it might not be a future we imagined, but something similar. i would use the historical development of lasers as an similar analogy, people thought they were interesting, but they had fuck all practical applications at the time. now lasers are used everywhere. with new crypto applications every year, it is would be astounding that this was a technological dead end.
i live in a small town in oklahoma. the convenience store at the first of our two stop lights has a sticker on the door saying "buy bitcoin here". the only place left that is completely uninfluenced by crypto now is somewhere deep in the amazon rainforest... we're usually the last stop in the developed world for anything. it's well on its way to mainstream adoption! disclaimer: i know less than jon snow.
i'd say crypto is semi-mainstream, but is treated as a commodity or a form of stock rather than currency.
early is relative. are we in on eth at .08? obviously not. i’m not sure about your situation, but i’m one of the only people i personally know that consume crypto-related information every day. doing this makes me feel like i’m late to the game, but you need to think bigger picture and realize how many people live in their own little bubbles. i believe that as time goes on, younger generations will adopt this technology and hopefully incorporate it into daily life as they start to hold meaningful positions at companies. or, they start companies that break the mold and the existing companies adapt or slowly die. this may also take more than a few generations to occur so we may never see this transition…which means we’re early
it wouldve never made ot this far ! over 10 years in the making
hey man you cannot post unpopular opinions that are actually unpopular opinions, this sub does not work like that
if you define mainstream as a majority of people regularly interacting with a blockchain directly, or even using crypto as a every-day currency, then i don’t think it will ever happen, apart from maybe a cbdc or, sometime in the far future, a corporate dc. what benefit do i have of using crypto to pay for my coffee or my plane tickets? if i use a credit card i have consumer protection, get cash back and most of all i know that my spent funds don’t appreciate in value so i don’t feel like a fool a year down the line. however, i do think that public blockchains will be used on the backend of a lot of financial and administrative applications. strike is a good example. it uses the lightning network but for the end user this is not really apparent, apart form the fact that you can transfer for free abroad. smart contract chains also have a ton of use cases, such as tokenization . again though it makes sense to have them integrated into the back end of applications. finally, btc is of course also simply a investable asset. digital gold with some added functionality. but will most people buy btc directly in the future? probably not, they’ll just buy an etf. i’m sure there will niche-cases, for example countries with hyperinflation, or maybe international transfers of large amounts or purchases (maybe even as a settlement currency for banks and countries).
i think for crypto to truly reach mainstream adoption it will be mostly hidden from what we see today. most people do not really care about the underlying technology but they care about the benefits. most people do not care about how the internet works under the hood, but they care a lot when their internet is not working. most people do not really care how their money is transferred around the globe, but they care lot about protecting, saving and making more of it. most people do not really care how their savings account earns interest or how borrowing and lending works when they get a home loan or use a credit card. but they care a lot when interest rates start eating into their earnings. the thing that will bring crypto to mainstream adoption is solving real world problems and making it so easy to use that it does not feel very different to what people are already doing
i see crypto prices being thiscussed almost daily on mainstream business media. btc and eth have futures. it’s already mainstream.
this is a logical option. i mean you own nothing. it’s made up computer money.
c'mon you know that crypto is only about 1.6% of fiat. there is plenty of room to grow.
there is a chance that mass adoption will make most people’s investments worthless. when the real world joins in things are not going to be valued like they are now. there is so much pure nonsense garbage that’s worthless but has millions of market cap. mass adoption will see sensibility come and a lot of ppl lose that are trying to be in early now
lmfao. no way bro. it’s just the tip!
i think of it more like pushing the older, non adaptable people out of the equation as they die off. more and more young people become accustomed to it and and accept it as part of life. the older generations either adopt or are left behind and eventually thisappear anyway. crypto becomes the norm.
depends what extent of "mainstream adoption" we are talking about. if we mean crypto as an mainstream investment vehicle in being a store of value or specific projects offering services that compete with traditional finance, then we are already there and there is no reason to think crypto will not get better at doing what it is already doing and finding new investment from people with spare capital. if you mean crypto completely replacing fiat and traditional finance then a lot of people here already do not see this as realistic or pragmatic, that claims of crypto inevitably doing this is just pie in the sky idealism.
no. i do think however there’s a *chance* the intrinsic value of these networks after the world fully adopts them has already been breached. like how much is ethereum actually worth without hype but fairly priced with the whole world and all its financial data transacting on it? maybe it’s ? or maybe it’s just . i honestly think crypto will replace everything and we’ve got massive massive hype to go. in the absolute worst case the long future is fairly priced in. best case crypto will take significant market share of the world’s economy and will be priced in the 100’s of ’s.
the way btc is veering away from satoshi’s dream of sound non custodial monies could absolutely quell adoption. we may end up hodling our “sov” bags while the rest of society moves onto the next “revolutionary” thing.
btc was .01 for one coin, 11 years ago. it's now ,000 for one coin! it's already been adopted by the smart investors!
not today, uncle sugar.
well that is why we do not put everything into crypto, unless you really really believes in it.
in other words, "i'll share this unpopular but polemical idea that not even me believes just to farm some moons".
either way i’m not too worried about investing into crypto. at least i can put in i know i can afford to lose. surprises me on why people fomo buy or put almost their life savings into it
i mean if it does not ever reach mainstream adoption...it was at least one hell of a ride. "no ragrets"
probably as much of a possibility as it being mainstream throughout history governments have controlled the monetary system. we're over here talking as if all the governments will just bend over and let btc and friends take over. yes they will most likely allow it etc but they would not allow it to replace their currency and i mean on the other hand we're not even using it as a currency. most of this and other crypto subs is "i made ____ off ___" etc. not enough people are spending it most are just using it as a store of value like gold also before i get downvoted i'm not saying do not hodl, have majority of crypto in a long term savings wallet and have a small minority for day to day uses with crypto cards etc. hodl culture is toxic
seeing the top comment being nothing important, followed by more trash talk, wanting to read the important comments ! grrr
i do sometimes wonder if i should grab the fiat and run when i'm up. but then i get even more afraid of missing out.
this is the type of tech you cannot turn the clock back on. it's been let out of pandora's box, now the bankers can feel the wrath. there could be a resurgence of a dark ages type of environment, but even in that scenario, people will clutch their private keys or better yet, brain wallets.
i mean true but that’s been said about every technology change from smart phones, internet, vhs home video. there is always the “there is no way this is going to catch on”
why you gotta hurt me like this in the morning
critical thinking is never a bad trait. it’s good to consider the worst. but i’m a taurus, so i’m bullish.
possibly but millennials really love this shit and gen z is interested too. i'm confident that crypto is here to stay.
praise you for bringing some unfettered realism to this sub…
unpopular opinion: there is a *chance* that a hippopotamus will crush me in my sleep tonight. just cuz it is possible, does not mean it is post-worthy.
all delusions end eventually. some lasts longer than others. i think crypto last at least a couple of generations. i've a feeling in the end, it will be all regulated just like fiat. but that will take decades probably and in the meantime, there is money to be made. i'm going in to crypto with eyes wide open. i compare it to the game star citizen. people who do not invest in it thinks it is a scam, people who put money into it think it will be the greatest invention ever.
in the immortal words of dignam: maybe. maybe not. maybe fuck ourselves.
why would i keep using currency that’s controlled by morons running a printing press when i have bitcoin?
unfortunatly your are wrong !
we do not need to be early, just early enough that these investments outpace the stock market, which is a very low bar still. 1000x in crypto? unlikely anymore. 100x? unlikely anymore. 10x? possible. 5x? good chance still. waiting for the stock market to just 2x your investment is very long in crypto terms.
another actual unpopular opinion: there is a greater chance that there will be a major digital global currency controlled by a world government and that we will have our global wallet seed phrase embedded in us for the best convenience and safety.
there is always a chance that we've put in the final top, there is a chance we've put in the final top for the s&p 500 but i doubt both
if that happens it will be because another dreppresion. which at this point is more probable than not imo
no, everyday more normies like me get into the band wagoon the first thing will happen is we are going to transfer all thr dollar value into crypto, because everyday more normies get in it
crypto is a solution searching for a problem. in it is current state, it is also an environmental thisaster.
we’ll teach you to ask for downvotes; we’ll upvote you to the moon! take that
don’t you put that evil on me ricky bobby!
possible but not possible. should, but shornt. shornt but shorntent. definite, but indefinornt.
blockchain is here to stay but most of the coins around now will die off.
the future is vast. i think as long as humans do not extinguish themselves, and technology remains accessible in similar or better form as today, the chance we do not move a significant portion of daily transactions to digital fully globalized forms of currency would be ridiculously small given the many thousands of years of advancement we have ahead of us. assuming a similar geopolitical (mostly stable) environment 100 years from today the thought of using paper money and regional. in more dystopian versions of the future, crypto currency would have even more benefit to people trying to preserve their wealth from state manipulation.
even if altcoins fail, i still see btc as a store of value
you want to overthrow the establishment? boycott the us dollar.
in the worst case, you don’t get your money back.
the internets adoption rate in the 90s till 2007 was at 113% cryptos adoption rate since 2008 till now is 223% and its suppose to go up exponentially for another couple years.
when i saw blockchains used for other things, like microsoft's plan for using eth for anti piracy and so on. it gave me more hope for the future. i think one of the main issues that is in the way so far is how people do not understand crypto. hopefully that'll change fast and then more possibilities will arise.
i love this! it's like nobody talks about the other side of the mattress that has piss and shit and puke on it, but your just so convinced that the smell can be covered up by some essential oils or burning incense... when it is really just a lingering thought which i only thought i thought. ya know?
mainstream adoption does not mean instant or guaranteed price appreciation. 99.9% of people in the space conflate both; so the "we are early" assumes about getting in at a low price. and "mainstream adoption" assumes massive increase in price. it is a false assumption, just because mainstream adoption will happen does not mean you will become instarich. this is the reality people do not want to face, cryptos are just a protocol like smtp, tcp or sftp... putting the protocols to use is what will make people money, not holding the protocol.
if the us gov is trying to tax it, we’re already there.
i would say considering how businesses are adopting it more and more every week, that is not likely
if crypto goes the way of 8tracks i'll cry like a bitch
dwight, you ignorant slut.
“…while i think it is a very good game, donkey kong is better—donkey kong sucks!!” comments be like.
so many people waiting for that dip from 29k to 15k bear to buy back lmao. it'll come, be patient.
bro if i wanted reality i would be working some shit job selling travel insurance living in a primarily beige and rented apartment. it’s lambos or food stamps for me, death or glory. wen muen?
crypto as a technology is just an obvious evolution that will be adopted on a large scale, just a matter of time. i honestly believe crypto will dominate the overwhelming majority of circulating wealth within this century.
my popular thisagremnt with your statement is that there are going to be other types of use cases that are going to be created in the near future. 5 years ago nft weren't really a thing, there are other improvements coming in the future.
i think the only way crypto will reach mainstream adoption is out of necessity, and when people are required to use it - such as in el salvador. people hate change. in australia, there are literally still seniors who go into a bank branch each week to make a withdrawal, and refuse to even use an atm card.
i'm considering myself early as i have not been hacked yet.
what kinda non-hopium post is this
getting a realium after a lot of hopium puts people back into perspective. guys, remember to take some profit, don’t just hope for this to carry on upwards
good grief man! your opinion is nightmarish.
nice job on the unpopular opinion. i think it’s valid but unlikely. and i’d argue that a lot of people who are in crypto are just here to 100x their money or whatever.
we said the same thing about weed. look at it now.
noooo how dare you actually post unpopular opionion
yeah i've been saying the same thing to people who keep using hindsight to talk about how obvious it is to put all your money into crypto. great returns? yeah if you bought in june or back before march. if you bought in may and did not have that much to average down with you're still waiting for green on a lot of projects and some projects have just died completely. i.e. the doggy cum coins and yes there is a hard cap to the adoption, like with other technologies, especially when it is complicated. i could see it existing in a slightly better form than now, used for cheaper payments and to cut out middlemen. but those use cases might work perfectly well at a lower market cap than now. ultimately you want it to level out and stabilise otherwise people would not ever want to spend it. its kind of a cycle, if it gets used the value increases which stops is spending which stabilises it which makes it useable.
more and more companies are building on block chain. if you think "cryptocurrency" is just something to invest in you are completely wrong. invest in coins with utility, the more the better.
so long as there’s money printing and unstable governments, crypto’s will stay around and increasing the likelihood of adoption. but yeah, there’s also that possibility like you said but small.
i’d also tack on that a stock market crash could kill the momentum in this bull run, and a big enough crash could cause the whole ecosystem to collapse. these institutional investors were all so excited about view crypto as just another risk asset and it will get dumped along with everything else. if people can’t make money off crypto the whole ecosystem could stall for a very long time or fall apart altogether
we've been through so much already in 10+ years. bannings, hackings, fud about energy use (some legitimate too), i do not think there is anything that could take it to zero or a permanent trend downward. we're in this for the long haul.
...so you’re saying there a chance!
as global education standards improve the kids get smarter & they will drive us old farts to the moon. not financial advice.
i’m definitely bullish and hodling. but at the same time i strongly believe that the coin we ultimately get paid in and buy coffee and pay mortgages with hasn’t been launched yet. maybe hasn’t even been thought up yet.
i really do not want to be attacked like this.
dont burst my poor cinderella story!!!
i think this every time i buy more lol
maybe we are super late, maybe we are ultra super late, or we are ultimately late? maybe there are all the evidences pointed out we are still early. the true is nobody know a shit no one can predict the future. best is do your own due diligence and make your own decisions.
i do not know if the crypto we are buying now will stick around. and no clue if reddit considers this a popular opinion (considering what the site is, and more recently the monetisation of moons, i would consider it ironic if it is unpopular) - the real money makers are in metaverse, web3 and gaming etc. anyone arguing digitised economies and the overlap of this stuff and gaming play to earn models, are not potentially life changing needs to re-evaluate the fact they spend like 15 hours a day online and how many people around the world would be involved in this. axs was a sneak peek, not a stupid pump, in my honest opinion. who knows what form it takes, but digital real estate etc, as stupid as you may consider it to be, is coming crypto fuels the incentive of this new network and structure, so to speak, not a perfect fit, but it makes sense to me cheers for the unpopular opinion, certainly wouldn't surprise me if we collapsed either
this is the first time i've read such an opinion lol. my brain cannot comprehend such a scenario unfolding
i fear this every time i buy.
don’t crush our dreams!
hahaha finally! you deserve the moons just for an actual unpopular opinion my good sir
wtf do i invest in now?!
it's against government interest so there is that. 😭 much more difficult to trace your payments.
china made it here to stay in a evil centralized way. europe and the us are following with there cbdc. and don’t forget the greencard. the lost can go on. it’s right under your nose. and not in a good way. that’s why we need decentralization.
more realisticly... the tech might be super useful and become ubiquitus... but the coins may hold no or little long term value.
it’s possible. people talk about the downfall of fiat. that will only happen when modern nations create their own blockchains and digital currency and all this can fall to the way side. china has made crypto illegal and is creating its own digital currency so is it the beginning of what’s to come?
people fear it because they don’t know what it is, it will eventually go mainstream wish i started a year ago
sure always a possibility
the genie has been let out of the bottle and it will be hard, if not impossible, to get it back in. but you're right... there is always a chance.
this maybe true. crypto would not take over world economy
i had a dream where i saw far into the future. most cryptos were defunct by then and many cryptos existed for use only inside certain regions or countries or organizations. some cryptos were even banned by various countries because of their use in banana republic's and criminal organizations.
yeah that’s a possibility but i choose to be optimistic. worst case i’m out some money, best case i’m rich. conversely if it is early adoption then i miss out on a fortune. still better odds than a slot machine!
“he’s the point it’s a chance….
blockchain has potential for mass adoption and companies in many sectors such as healthcare and pharmaceuticals are already trying to see how to adopt blockchain in there systems. crypto, i too am bullish but not sure currently as i see many hurdles in the way especially the biggest hurdle being , governments around the world do not like to lose control of the money, especially the big countries. sure we have some sporadic adoption at government level here and there, but as soon as those countries and governments are stabilized they will try to take back control of financial transactions in their country coz they would not like things happening under their noses which they cannot track or know about
i'm saying the same thing.
offering an outside perspective: y'all look and sound _fucking crazy_ to a lot of people. using unimaginable amounts of power and computer hardware to mine the approximate equivalent of wow gold, praying to strike it rich, all the while ignoring tons of relevant criticism. you know why op's opinion is so unpopular? because a whole lot of people here have a whole lot of money and ego bound up in this project. if crypto somehow fails and the bottom falls out of the market, how many people on this subreddit do you think are going to lose their shirts? if you're the kind of person heavily invested in crypto, of _course_ you're going to be a cheerleader for it! _your financial stability depends on other people believing that your coins are valuable!_ and even this "unpopular opinion" is still wildly optimistic. i'm a pretty tech-savvy dude, and my experience buying and selling cryptocurrency has been that it was a massive pain in the ass, expensive as all hell, and that fraud was both rampant and impossible to deal with. granted, this was probably 5 years ago, and i'd be shocked if things have not gotten better on the usability side with so much money sloshing around, but... guys. c'mon. the average person is not very good with computers. "mainstream adoption"? this is like waiting for the "mainstream adoption" of _dwarf fortress_. if i had to guess, i'd say it is a lot more likely that there are widespread international bans on crypto mining (for god's sake, y'all use more power than _argentina_ and we're in the middle of a global climate crisis) than that cryptocurrency reaches mainstream adoption.
none of the *many technological advancements and inventions have failed to do* had a market cap of more than 2 trillion dollars . besides crypto isnt a underdog anymore , everyone's heard about it
i think you can link the trading volume to the stage we are in. either we are early or not \*so\* many people care that we have volume like stocks. thats why crypto is still so volatile for reference avg daily volume on nasdaq: ,450,986,879
but, is that to your crypto gonna make it? not some xyz coin?🤔
that's my main concern. on the other hand as governments kill their currency (like they normally do over time), crypto is a shining alternative to starting a new currency that the government is just going to ruin through fiscal irresponsibility. is say we are decades away from america hitting this crossroads though.
yes this is true, but some people said that about the internet as well. you have to play the odds.
most people treat crypto more as a stock. this type og behavior can hurt the adaptation of mainstream use. but also at the same time encourage adoption.
let me drop my widow's mite: i think using the phrase "mainstream adoption" is where the confusion lie. hitherto now, currencies of the world were gold backed now it is dollar backed. in economics the definition of money keeps evolving as processes evolve. personally i have not been into a bank in over a year but i have consummated thousands of transaction over that period just through financial apps. two points i have stated here are 1. that money always evolves 2.traditional banking is changing. cryptocurrency will not replace "money" but it will be part of the definition of money. just like i can accept a bank transfer, cheques (british english), actual cash why not crypto currencies as a means of payment. over here in my country bitcoins are already being used for things like car purchases. the problem with crypocurrencies is that only a very few people are not "scared of it", a lot of people buy into the fear mongering of some establishments about how "evil" or "unsafe" it is and wouldn't want anything to do with it. my country's central bank bans trading in crypto, and the bad news of the crypto heists are magnified.
the biggest issue with crypto is its value. imagine calling a grain of sand to be worth a dollar,but there are identical sand everywhere. you could be your own crypto and call it reddit master coin, and it is every bit as unique and safe as bitcoin. why would bitcoin worth anything many large companies are starting their own crypto like walmart. while china is banned crypto but have their own digital currency.
it’s not about currency though that is one aspect, it’s about adding layers of trust through blockchain platforms, making leaderboards unhackable, [hedera ](
oh you've done it now...
sorry i missed the part btween 3...yada,yada... 4
i think the chance is pretty low and if it were the case i think it would be the result of bad actors, like it being over regulated or banned by governments. the reality is block chains are superior especially in finance in just about everyway. yeah, it has some downsides currently but there is really no reason to believe that they would not be addressed in the long term. what i believe to be sure is the parts of society crypto , it seems that way but who knows what we will come up with in 50 years.
once my parents mention bitcoin or virtual currency i will know it has really kicked off. at the moment we are not quite there and a lot of things need to happen to get us there. yet i see hurdles which seem hard to get over- impossible perhaps?
it is possible that we already reached a certain momentum and it will now not increase much more. furthermore, there is a crypto plateau of stability that we might have now at the moment. a new external driven factor is required to give a new momentum to reach the btc 100k price target. i think we might see something like this in q4 this year.
i hope not. i already bought a rocket...
an excellent, better than 80% chance i’d say.
oh goodness almost certainly this is the case they will simply legislate.
no this is the worst opinion in the existence and its so wong maaan its bad 😩😩😩
could be or could not be
i'd argue that anything of value can be currency and that there is a case to be made that, despite many retailers not accepting crypto, it has reached mainstream adoption. as a whole. crypto is kind of just dot com era wallstreet right now and people are not caring about the actual coins use so much as the dollar signs in their eyes.
i think it is also possible that crypto reaches mainstream adoption and then fizzles out maybe quickly maybe slowly.
from my point of view crypto is just a trend i see everywhere so i will not touch it anytime soon
very valid. people seem to forget the bitconnect scandal
anything is possible so you’re not wrong.
i dunno, the great ressetters are listing blockchain as a point of their agenda on their infographic.
if we do not find a way to actually help to inform-savvy general public, we might actually never see mainstream adoption, given the inherent difficulty of the current crypto scene
a "chance" haha y'all crazy
indeed it potentially hold a great deal of sense, not a simple gibberish it is. a fact that many of us unintentionally ignore or pass by. however, contrarily the promising services and future potential offered by crypto is much empowering as innovations on daily basis continuously uplifting its horizon. one such example of is synfutures, featuring defi derivative tools and services for everyone!
well you aren’t wrong
definitely unpopular, based on us all needing it to be the opposite!
it takes more than just being a good idea for it to be widely adopted. nikola tesla developed systems that transmitted electricity wirelessly and we still ended up using wires to conduct electricity. crypto is a good idea but if it is not legislated and marketed properly it will never me massively adopted.
this smoke is not without fire.
yes you are right , just like beta max or hd thisk never fully adopted to the market.
smart contracts are the killer apps. no bitcoin, which is filled with ppl like max keiser and other braindead ppl
i think it has potential to reach 5 tril this year and then major dump next year.
can't wait for the konomi oracle to be implemented 🥵🥵
100% this. do you think the average joe has any clue what http is or does? they just want instagram and youtube to work.
this. my friend got really into the dapper nba top shot nfts. he had no idea what flow blockchain was when i asked him about it. i’m talking 10k spent on digital trading cards.
i think a better comparison is whether crypto is a better investment vs stocks. so far the major crypto (btc, eth...) have proven to be better investments.
exactly, as long as it out preforms the dollar then i'm happy.
this is a perfect answer and similar what i came here to say. i do not think we are early at all but not being early does not mean we cannot replace a shitty old banking system that primarily benefits those with the most money and penalizes those with less.
oh 100%. crypto has been such an amazing new aspect of my life.
we are early. the killer apps have not even appeared. crypto ist still finding usecases. in my company of 40 people, i am the only one with cryptos. that's in a german high tech company. (although germany is stupid )
yeah, wherever we are it is better that we are here now and not still waiting to get involved.
my mom easily knows how to trade stocks, do limit orders, and she does not have to worry about getting hacked. when it is easy for a grandma to do this with cryptocurrency then it will be mainstream. coinbase is not that easy to use and it is the most polished platform for cryptocurrency. however, it pales in comparison to stock platforms. if no company steps up then cryptocurrency will never go mainstream.
holy shite that takes me back. i literally did this exact thing. but my 2400 was internal. i rocked a whole lot of lord tho. deathsword ftw. edit: true story. i became “married” in-game in lord to a “girl”. i ended up meeting her years later, and she became a serious girlfriend for a while. crazy.
i had a few real life friends from bbs games and boards. something special about the dialup days!
anyone else have an aol trial thisc? 💿
i have a pocket watch picked out too, they’re very dapper!
this is how you know i’ve shared an actual unpopular opinion! take notes, r edit: original message i responded to as it’s now been deleted — “shut your whore mouth”
it must be an unpopular opinion then.
this is one we do not like it!
quality content from the uncivil one
agree 100%! fingers crossed, though!
i believe the term is nopium.
yes. indeed. fuck them all.
this is why i'm balls deep in xrp, it was made for banks not people. it was made for facilitating backend commerce, not buying coffee.
a friend of mine teaches in high school and said that while teenagers are used to scrolling tiktok and stuff some of them don’t know how to boot up a pc. so yeah i agree with you the average joe will never download wallets or set up custom rpcs in metamask.
heh. i do it and i hate having a million wallets and safeguarding them even though i'm now familiar with it all. that's why exchanges are becoming so popular. it's all in one place so you only have one system to learn.
instructions unclear, summoned shiba entity
it's not even op's own opinion.
95 people out of a 100 on the street already have this opinion. how's it unpopular?
crypto has already failed as a day-to-day payment mechanism (ether would not make it since problems of gas fees and network congestion cannot be solved without devolving into a strictly worse tradfi system), bitcoin will remain because they were the first ones to pitch themselves as a limited supply investment asset.
this is probably my biggest fear with crypto tbh. people say buy and forget for the next 5 years... what if your coin does not even have value in the next 5 years cuz of a new generation or advancement?
i believe you are correct. there are so many brilliant ecosystems being brought alive by smart contracts, and only really few actual cryptos could work as a payment system, like maybe nano and xlm (cheap and really fast), but those would be probably used outside of eu. i can see crypto usage as a currencies in third-world countries with hyper inflation, and then the dapp side will stay more relevant in western countries.
regular money is far from perfect. the centralization being a major flaw. agreed on smart contracts.
counterpoint: the supply is not relevant because theres no guarantee btc and eth will even still be the top dogs of crypto 10-20 years in the future. look at how many internet companies and tech companies there were which went bust in the past 30 years despite being the first movers and at the top of their game. anything can happen especially in crypto. theres a reason why sol pumped so hard in the past couple of days. even though so many people are betting on eth, there are just as many people betting on the next eth killer
i personally think the blockchain is the point of it all, using it for a currency is just advertisement for how secure it is.
you're absolutely spot-on, but therein also lies the problem. the wide, wide masses see crypto as "magic internet money" but have no idea what a blockchain actually means, or what an ecosystem built upon it could potentially do. ' that's a huge thisconnect - laymen see the monetary value and do not understand why exactly, large institutions are becoming privy of the intrinsic value and wish the monetary value was not as accessible as it has become.
of course the tech is never going anywhere, cannot put the genie back in the bottle, but the tech is separate from the currencies. imo, the most likely outcome to all this is the release of crypto usd, euro, gbp, yuan, and yen, where their respective governments control the ledgers and minting, but each one essentially making use of all the best parts of the crypto currencies the predate them. a complete and total record of every single transaction involving their currency is a tax collection agency's wet dream. where this leaves btc's guess. i'm sure a lot of people will continue to use them, but i'm also sure some governments will outright ban their use and it will turn into a game of cat & mouse in some markets. but any of the major economies releasing a government-backed-and-maintained crypto will be the death knel for mainstream adoption of any decentralized crypto.
for perspective the mesopotamian shekel is more than 5000 years old.
digital euro is on the way also
well if we define crypto as merely a currency based on a blockchain then i think it’s nearly impossible it never reaches mainstream adoption question is likely more than current coins and blockchains may never, but rather are a government currency does. i could see a likely future where the renminbi becomes entirely a crypto, and no fiat yuan are accepted.
same here. 30% of total investments. which would be a devastating hit to take if op is correct.
also, smartphones used to be unthinkable and now there is 4 year olds who are fully capable. we need primary school blockchain education. my brother teaches robotics to kids and they are more savvy than a boomer could guess
this was always going to happen as the whales always have the capital to spare.
meanwhile the people telling you to hold the line are slowly unloading their bags
i get what you're saying, and yes there is a lot of that in the crypto world, but to be fair that is partly because it does happen. look at cardano with just did 150% in a month. it's not particularly unusual to see 30-40% gains in a few days if you pick the right coin at the right time. i actually agree with op for the most part. the vast majority of coins will never amount to anything other than a temporary store of wealth before they fade and die away. one or two might make it to some kind of mainstream adoption in specific areas, but on the whole a lot of them are just get rich quick schemes for their creators.
i seriously can’t figure out what “ba**s is suppose to be
blockchain and crypto go hand-in-hand. crypto is the payment system for blockchain.
this is really asking some big questions and pointing out massive flaws in the current system. thanks for taking the time to write this up.
nfts are actually absolutely brilliant in the world of drm. if only more people viewed it as more than stupid memes and artwork. the idea of attaching an nft license to a form of media (films, games, music) is what i would love to see. it would actually provide a sense of actual ownership over the property. combine that with the royalty options offered and you have a really easy and decentralized way of having creators profit from third party markets.
its an investment like gold. you do not buy bread with gold. you don buy milk with tulips. its an investment ledger.
tesla had science and vision, ethisson had crooks and money backing him up.
and where do you want me to spend? i've never came across a single service, website or store that gave me the option to pay in crypto.
technology is definitely here to stay. current coins? imo it is possoble that all, government made and controlled ones are adopted in the mainstream.
can you pass the hopium bong? i will hit
this is what i see happening long term. the pie in the sky hippy freedom stuff i just do not see being realistic.
crypto will only succeed once tec companies and developers find a way for the average user not to be required to understand it.
when lambo become ramen price.
i think like the internet boom, after a while only a few will survive, then it will evolve constantly but it will revolutionise the way we do things for a while until something new comes out! but for now here we are!
i'm still waiting for cardano to be the one for all solution for everything in life.
mmm... nah its certainly unpopular
nah dude. i respectfully thisagree. banks and corporations need to use it at a larger scale for it to be "mainstream". you and i spend . that's not going to do anything. .
can’t spend it if vendors don’t accept it. let’s get some partnerships!
>the danger is that the richest people would use it to avoid paying any income tax as if it was not already the case in fiat lmao
if that surprises you, you must be new to this subreddit :d
thats what hopium does to a man
this sentence is why it has not been widely adopted yet. am i investing to “make crypto” or is the end goal to just convert it back to fiat?
can you elaborate what happened?
you will be massacred and burned.
blockchain can exist, provide services, without any scarcity (and thus no massive future speculation gains).
i worked at consensys and i’ll tell you it’s surprising anything gets done there… made me give up hope for the ethereum ecosystem for a while
what? millennials are the ones building the vast majority of this stuff and people in their 30’s probably account for almost 50% of all holders at this point.
my extremely un-tech savvy aunt and uncle bought a bitcoin a few years ago, when i heard about that it blew my mind as they can barely use smartphones. just saying!
exactly!! when we are the old guys, it’ll be mainstream for sure.
i do not think generations have anything to do with it, i've looked at a bunch of websites that go into detail about the benefits of crypto, and they are describing cash and traditional currencies. they talk about how it is secure and then proceed to say that hackers can steal my shit if they know my private key for the wallet, i mean how is that different to them stealing my shit if they know my private pin? basically there is 0 solid benefits (in my opinion) that would make me "switch" to crypto. i do not think it is bad per se, but if i have no reason to do so, why would anyone else? for some time there was the possibility to generate value by mining it, but it is not the case anymore for bitcoin, is it? basically if a cryptocurrency is established, it is no longer profitable. if it is new and profitable, then there is no chance it will be established. so you're left with a system that is hardly any different to the current one. so why would gen z switch to it?
[early adopters]( is not usually in reference to at what point in time they adopt, rather the relative position within the general population. the two sentiments of "at what point in time" and "in reference to the general population" are definitely interwoven. i suggest through we are still in the early adopters stage, perhaps in the coming years reaching early majority as more people get into crypto.
i 100% percent agree with this and this is how i explain crypto to people who tell me it will never be a currency.
amen. assume you lost it already.
until my parents can understand it it is not mainstream.
don't forget crypto is just code. we can always alter it to suits our needs, for good or bad
i think dogecoin will be fine no matter what laws they create. its the one coin that everyone loves for no reason. its probably going to win out of all them
>the smart ones will know when the games over and pull out. the problem is every single one of us thinks we're the "smart ones", but we'd be buying the dip all the way down. the truth is for most people crypto is not really an investment you can just sell, it is a philosophy and selling means losing your religion.
i think the biggest driving factor is the hugh profit opportunities at the moment... greed.
agree with the dotcom, dont agree with the mass adoption(compared to the adoption of the internet)
my cousin needs some cash right now. he's in another country. i asked him if he can convert bitcoin to his local fiat. he said he is never heard of bitcoin before. he said he will check with his local forex exchange guy. he did not know what bitcoin is either. there's a whole spectrum of people. we are decidedly the minority right now.
it's great you brother is willing to take crypto. honestly that is cool. but till i can by a big mac with crypto, till i can go into a bank and make financial moves with crypto, till i can buy my groceries with crypto. it has not reached true widespread adoption. all adoption is not equal. some people in the world still do business with animals, or shit, really shady people buy and sell people for other things, yet we do not call that adopted.
i like this reply. here is my thoughts: 1. i agree you don’t *need* it now 2. your fiat is not accepted everywhere, usually it’s only accepted in the country you earn it. when living internationally, crypto is way easier and quicker to move money than international wire services, which are a massive pain. 3. crypto can be accepted anywhere that takes visa. lots of crypto exchanges. crypto.com does it and i think coinbase does it.
tools a great band though. checkmate! now buy some crypto
now remove from your list the ones that are using it as an investment to milk some money. keep the ones that actually use it as a currency. hey, where’d your list gone?
this. nothing is sure, thats nothing new. but there is a good chance that crypto finds more and more adoption.
yeah? where do you pay using nano?
i see people say this all the time. but i haven’t seen a great use case for the technology that can’t be solved with traditional sql. that’s the reason i haven’t gotten fully behind it yet.
right, they use a token in a database to authorize purchases in dollars. why would anyone switch and incur a transfer cost? ’s advocate
a lot more people than own crypto. probably more people than know what crypto is. (i do not know and i have looked it up!).
you're making the mistake of confusing investing in crypto, with investing in blockchain the technology. they are not the same, just like investing in aol was not investing in "the internet."
relatively unpopular if we're talking about the opinions of the people in this sub
yeah. i do not think this guy realizes how crapto is literally not just more effective, but also easier to work with than bank systems. not only that, but theres more competition on trust based things, than banks
the ones that get in only due to hype and buy at the top, and sell say the bottom and tell everyone it is a scam. yes those people.
it's been 9 hours... op is talking in terms of years
100% 10k likes for a fud post
this statement seems to be ignorant of the fact that snap.50 on the dollar for purchases of products outside of the approved items and works no differently than any "crypto ubi token" would.
the whole idea of economic efficiency of blockchain technology is not thiscussed in this sub enough. i think the vast majority of crypto holders do not actually understand this and therefore completely miss the strength of the use case argument. this sub should not even really be called cryptocurrency if we want to speed up adoption.
exactly! and i’m willing to put a good amount of money on that bet. but i know there’s still that risk.
they'll absorb it as a heavily taxed parlor side game. they'll never let it be the main show.
say that to people like me who joined in 2015, this feels very very very mainstream it was a fringe group of people back when i started looking into it and buying some
talk to like 99% of people and this is totally true
i think crypto is here to stay, but whether or not bitcoin. i’m thinking of aol, the ipod, myspace all eventually replaced by the true kings (iphone, fb)
the best argument against long term crypto is probably ecological collapse. i've made quite a bit of money riding the rollercoaster but i've never believed in crypto as a long term investment because i'm not particularly bullish on modern industrial society surviving another 20 years. if we dont cap warming at +2.0c by 2034 we are locked into the ipcc's doomsday scenario. at that point the last coral reefs are dead, you can no longer sink carbon by planting trees (they burn down faster than they grow), and the gulf stream has collapsed. global agriculture fails in the mid 2030's and stratocumulus collapse hits by 2045 which is basically the end of all complex life on earth. unless everyone wakes up tomorrow overcome with climate anxiety and fixing it suddenly becomes our unifying purpose as a species, avoiding any of the remaining warming thresholds is basically impossible.
how can it cause financial crisis?
at 200k btc it is not even half the size of gold. how would that financial crisis even work? destroy the monetary premium enjoyed by other store of value assets like real estate, art, gold?
fair assessment. i do think an issue is all the “cryptos” that are essentially startups where the tokens represent shares
central bank's stablecoin is inevitable in the future.
agreed! if you check demograpics, crypto so far is used by techie people who know 1-2 things more than refreshing their facebook feed. try to explain to the average contactless-card person how to add a new chain to metamask before adding a custom token in uniswap. they will look at you like an alien. explain to them later how l2 works and they will think you are a quantum physics scientist
i do both. cast a wide net
i think i know how it works but i dont want to wait until i'm 63.5 to be able to have access to my money
if you think the dollar is tanking, i have a bridgecoin to sell you
this comment is what gives me the thought that we are early
you make an excellent point. i wonder if, once the adoption of crypto assets goes further and further, will it be less volatile as people will grow more accustomed to it? this begs the question, are we still early, because its so volatile, and once it becomes mainstream will it be more and more like a regular stock market?
so its not main stream
never say never. there could be a point where governments accept taxes in stablecoins. and from there it is possible that we could use some crypto as the unit of account. six percent of americans said they have used or owned cryptocurrencies. a lot of people might know about it, but i think it is like early internet. maybe these numbers are lower because americans have better opsec, though. this was also in march 2021, so the numbers might be a bit lower.
well, crypto still has a long way for being used world wide and being adopted by tons of people.
he's valid in providing an alternative opinion. this is rarely ever considered.
well a thought can be an opinion. but not all thoughts are opinions. your comment boggles me.
try not paying taxes and see how free you are.
i mean the dream was always paying for stuff in crypto. not converting crypto to fiat.
the massive amount of volatility in crypto keeps many people from investing in them. i rather grow steadily than go up a ton just to drop 90%.
great analogy. crypto could conceivably be replaced by something else in a few years. who knows.
quantum computing does not seem like an unmanageable problem also, quantum resistant solutions have already been found. google ''lamport signatures''. there is also a talk by vitalik on youtube.
nor late, i arrived precisely when i meant to
you and i, we're no strangers to blockchain
it's decided by mods, it is subreddit global. i've seen political subs set default sorting as controversial
eh, you can have those and more using leverage in the regular markets, wtf? the thing that makes crypto special is the tech, anonymity, speed, decentralization, smart contracts, etc, etc.
a commodity more like without any physical backing of value
you mean like… currency?
china says this every few years. also, this last "ban" seemed to do nothing. we're back to where we are and the miners are just plugged in somewhere else. china is about to implode, as it is making lots of dumb decisions dragging it back into the stone age. they will wake up soon when they realize the world is leaving them behind.
china does not care about the betterment of their people, they are gonna dictate whatever better suits those in power.
you’re not, not wrong
i agree with your comment, but be nice about it friend
money is already digital though. i transfer centrally controlled money on my phone several times per week.
i have a visa coinbase card. i swipe it like any other visa and it uses my crypto i designate it to use. that’s using crypto as currency in my book.
oh we’re definitely in a simulation, but it’s more like a collective dream space than spooky matrix robots.
dude if you got burned on beanie babies no need to cry here
the volatility also makes it useless as a currency.
i don’t like soft shell crab
exactly, banks and governments will utilize it but ensure that all of the value people like us have will be worthless.
am i the only one who does not get why nft should ever be used?
i agree with you but here’s a point i keep in mind around “being cashless.” try reading it from a common-folk consumer perspective. *free and instant transactions are already available today without crypto. the infrastructure is already there like credit cards and processors like venmo and paypal.* sure, we can list the downsides of ”centralized” transactions to our heart’s content, but to a regular person, there are no fees for sending money or going cashless. i see lots of benefits for crypto but i try to not overhype the currency benefits of it. (something i learned after recommending crypto to normal people.)
there’s counterfeit crypto even now. slight, purposeful misspellings of real crypto. even if you don’t count that, shitcoins are and always will be abundant. crypto isn’t immune to scammers, nothing is. hell the earliest known named merchant was a scammer
that's why it is called an opinion
only true for non inflationary cryptocurrencies. e.g. doges inflation is absurdly high!
question, is not cbdc centralized while crypto is decentralized? what's the difference between the two?
i'm too drunk to write fully coherent thoughts rn but it is not untraceable. people say this all the time block explorers sir
adding on the what the drunk guy said, most cryptocurrencies barring privacy coins like monero are actually easier to trace than fiat. i wrote a little article on this with sources from the likes of the department of justice. i can link you if you want.
it’s like someone in the ‘70s claiming that in 2020 there will be no way to protect personal accounts because computers will be too fast. there’s never stopping war between computing power and cryptography and cryptography always wins every battle. we already have quantum resistant algorithms and many companies already implementing them. so, no, you won’t loose your crypto portfolio or amazon password to quantum hackers. everything will be ready for it when someone has the ability to actually use quantum computer for hacking.
so crypto is doomed then
a “large amount”? are you kidding? americans can’t figure out how to file their taxes. most are in debt with little savings and have no idea what crypto is or how it works.
8% of americans use crypto. it’s very, very small compared to other countries like singapore.
this is why btc and ltc with be around. strongest and most mature chains of them all.
holy shit, that makes sense! my credit is decent and my income alright, but i was wondering why they were throwing out credit line and loan messages my way. it only happened after 6 months of me buying crypto every month instead of placing it in a traditional savings. i did not even put it together
el salvador is not a relevant country in the world.
blockchain will catch on. but these 5000 cryptocurrencies would not.
bruh you cant get a pair of decent headphones for ?
p2p file sharing (and yes i know blockchain uses it). the original use case is superior to traditional server architecture but the lack of trust and dodgy environment in which it was operating meant it never got real mainstream usage. but the technology is sound so its been built into trustworthy services like steam and microsoft updates. the numerous scams being run in the crypto community means it makes people hesitant to jump in and really get that mainstream usage. but companies will use it quietly as a technology to add to their service offering. these use cases would not benefit early investors in any way. additionally i do think that there is a possibility that blockchains features and usage as something a country's treasury is willing to rely on actually means it is a thisadvantage since government policy and enforcement is slow. i'd be happy if it does catch on but i think in that situation i'd be happier that goverments are open to the level of transparency that would require.
i agree with you, crypto is just speculation.
it's easy to manipulate right now due to very low market cap,in the future it would be harder.
except in elsalvador. crypto is not as easy to manipulate as gold and silver prices which are totally manipulated. and people still buy gold and silver.
i am not sure this is entirely true. crypto is volatile now because it is a wild market with no regulation and emerging technology where no clear winners have emerged. as it matures, both as an investment class and as currency, the volatility will inevitably decline, as will the mad gains. also different projects serve different use cases. something like btc will always be an investment, though if lightning takes off, maybe a two-tier thing where you keep your wealth in btc and spend using micro transactions on lightning. maybe... eth and the smart contract chains are interesting because they are building an infrastructure that you need the tokens for to use. as the use cases on those chains become more compelling, people will be forced to spend the tokens to access it. clearly it will first be for financial services, but who knows what then? games? social media? art? loads of things that are obvious now, let alone as adoption increases. this may all be coming at exactly the right time because enabling trust less interactions online is very handy when no one trusts anyone else anymore. that said, it is hard to imagine 'crypto' becoming the only currency system and all of a sudden we all use btc globally and governments just roll over and relinquish control over us. that is not going to happen of course, but the question is what parallel systems can be built alongside the whatever governments do, and which of these projects are best placed to play a part in that world. anything other than that will be a hell scape that i hope never arrives.
you cannot stop progression. places will try (like china) but there will always be others that do see the potential. and in the end they will be forced to use it because they will be worse of if they do not.
> what does bitcoin actually do that is useful to the world? what does money actually do that is useful to the world?
the vast majority of crypto projects have not even been trying to be currencies for a long time now.
drug traffickers, human traffickers, terrorist organizations, arms dealers, tax cheats, and north korea.
unbeliever here: stumbled upon this post on r. i just do not understand why cryptocurrency should be adopted. is there an advantage that makes it better than any countries currency? edit: this is a real questions and not trolling. i really have no clue about crypto other than it is an internet money.
ehm no. they can have their own databases. there is no downside to them if they are still able to edit it.
i do get what op is saying though, like 30 years ago you could buy a nintendo powerglove and use it for gaming, it was there
my hodunk semi rural town has bitcoin atm’s. it’s happening.
the algorithms are forever.
millions of years? i really doubt that humanity last that long.
bunch of countries are already working on government crypto. basically their own stable coin.
as technology evolves, it becomes simpler to use. like the internet, also people will have to keep up with the technology anyways. imagine how far we will be in 10 years.
maybe for older generations. for people being born into technology, it is more likely they never even use paper fiat currency.
one of the best written comments i've seen in a while. regardless if people agree with this it is a very thought provoking read.
>then we have blockchain... blockchain fundamentally is storage, like a database... > >but much slower than regular databasescosts more than regular databaseit being decentralized has almost no value if you have no legal protection... (i.e. govt declares your software illegal no reputable business will use it and no consumer is going to risk jail over it.) you forgot immutability, which is a massive advantage.
• crypto is not necessarily slow compared with digital currency. fiat currency transfers can take either seconds or days, crypto transfers can take either second or minutes. • fraud is extremely prevalent in fiat. crypto may be more traceable than a cash transaction, but not a bank transfer. also, traceability can be a good thing. • if a criminal has enough information about you, they can pretend to be you and reset your bank password. that cannot happen with wallet keys. also, if you want to be able to recover your access to your crypto, you can store it in less secure places, like exchanges, whre you can recover your password easily. it's always an exchange between security and responsibility, and the exchange is possible in both fiat and crypto. • blockchain has a lot of advantages as a store of information that a traditional db does not. decentralisation is not only relevant when it comes to legal liability, but also in its secure redundancy, tamper proof properties, use of smaller, already in place digital infrastructure, trust between multiple organizations and transaction transparency. • sure, a contract cannot determine if the logo was created, but it can determine a lot of other things that traditional methods cannot. both approaches have their place.
oh absolutely. the past will only repeat but there are some that are very much worth while with reputable developers like eth and ada.
you're 100% right, you're just on a crypto board
thats not at all what op said. if crypto becomes a thing, we are still early.
if you think governments are going to adopt crypto and not create their own, you should by some bridges.
crypto is mainstream but its use is not. currently it is mostly for speculation. listing use cases where crypto offers value and competitive advantages without complex requirements is a challenge.
the amount of fud and misinformation in here is mind blowing.
the us dollar has a lot in common with crypto 😆
you forgot vanity for nft.
bullshit. crypto has value because of scarcity and being open, borderless, neutral, public, censorship resistant. not like money you use.
because it is not working for the little guy anymore. it's always privatize the profitsand socialize the losses. at least if crypto can remain as decentralized as possible it is a little more fair. of course if you have more money you can make more, but everyone can get some.
not sure why anyone would thisagree with you. this is obvious if you just follow the news at all. look around and this is what mainstream adoption is. if you still believe bitcoin is going to 0 you asshats belong on r... op should be an unpopular opinion because it is so fucking stupid it looks like it was written by someone who either lives under a rock or has no reading comprehension skills.
a big one! (in my opinion)
i do not care how rich he is, i'm never going to listen to a man who suggested injecting bleach.
i think the main thing about your thought, is the (as is) qualifier. im optimistic that crypto will continue evolving. getting online back in the day was a pain, but fast forward to dsl and then fiber optics and then 5g, its made internet usage pretty intuitive and easy. hopefully we see similar advances in crypto
it can be solved by layer 2s
the u.s. stock market was created the way it was on purpose. the corrupt market makers can create synthetic shares to manipulate the price of a stock by creating artificial down pressure. they are aware of blockchain and they are actively pushing against it because they can create a ton of synthetic shares with basically no way to track them.
because it would harder to cheat.
i think the same for nft's. i believe they have potential for many uses other than art. like voting and other stuff. i do not know too much.
how would he know them if they have failed?
asbestos, radioactive products, hydrogen cars...there are plenty.
betamax, hd-dvd, isdn, token ring, google glasses...
1. minithisk 2. betamax 3. ionica microwave phone thishes in the uk. all of these were better than what was available and better than what came after them for a while but failed anyway. i'm sure there are much more.
minithisc, sacd, 3d tv, laserthisc, hddvd. so whats your point? some technologys were too soon, weren't adapted, some werent as good as promised. as i like cryptos, it is not something that gets easy adapted by the majority of people at the moment. that may change or not. at this moment in time, it can go both ways.
nah. blockchain is an invention which has existed for 12 years and has virtually no actual real world applications outside of its one niche as a base for cryptocurrency.
or just use dai, which holds a stable value, like everybody else does.
i cannot even get a half chub if i'm not seeing 1000% gains in a day. fuck stability.
converting your coin to a stablecoin would solve this, do not you think mate
i think the bigger question is what technological innovation do none of us see coming? nobody saw cryptocurrency coming, and here we are. who’s to say something else doesn’t totally thisrupt blockchain while it’s taking its sweet time to get real adoption? i mean, look how hyped we all are about eth, when it costs . there could absolutely be something else that comes along and challenges this whole space by doing similar things way better.
>the energy costs are so great that if it does reach mainstream, isn't this only an issue with proof of work? i think eth and ada (proof of stake) pretty much overrides this concern.
end of the world your paper is worth jack so i hope you got like a whole bunker of ammuntion stored otherwise you are fucked
my biggest concern that we won’t ever get there is how complex it is (or can seem) to own a wallet and spend said crypto. let’s face it, most people won’t care about the decentralization aspect. they’re so used to banks and fiat that they view it as a necessary evil. at the same time, the average person currently isn’t tech-literate enough to even understand how a wallet works, much less how to properly utilize one. not to mention all of the scammers out there.
heard of bitcoin, yeah. know what it is and be able to explain it? i can count on one hand the number of people i know personally that can even get in the ballpark of explaining what any crypto is or how it works even in general terms
you confuse widespread knowledge of something’s existence and widespread *use* of that something.
it's actually not. most people know the name bitcoin and that is it. doesnt make it mainstream. as long as it is not easy to use and accepted everywhere it will never reach mainstream adoption.
what is the consensus problem?
>humanity needs to figure out how to chug along without the need to transfer value at all maybe this is what will enable our society to evolve into star trek, ie abolishing money.
quantum computing is the death of crapcoins.
most of these people do not realize that crypto currency cannot be both an investment, is and a widely adopted form of currency. the 2 forces fundamentally work against each other. is no one is going to want an economy based on a deflationary currency which is exactly what having it as an asset class would do
you need to think a little bit bigger. short term: nft art, trading (even stocks), payments using stablecoins, self-earning credit cards that use liquidy provided as colatoral. medium term: banks can be largely replaced by defi, ledger's can replace licencing and even home and ground owner titles, which means we could cut out notaries for most functions. (health) insurance could to some degree be decentralized as well. long term: block chains could replace large parts of governments systems relating to ownership and central banking. imagine a world where your personal identity is backed into a public address given by the government that is used for any taxing, payment or benefits calculation (hopefully in combination with a ubi) for crypto to really take off you need to see it as a replacement of the whole financial system, not just the dollar. that said, i could see it fail in many scenario's as well.
i'm invested but i agree. there's mostly young people, who do it for fun or hope to make cash quickly. most of them will lose cash and avoid crypto later on. and i also do not see crypto replacing fiat cash, at least not completely. sure we will use it to some degree, but some really treat their coin like religious fanatics. which is another problem. it's greed, pure greed.
just like everything else in the world
ouch my brain hurts this comment is radiating cluelessness
how long will it take? i have been waiting for bitcoin to collapse for a while now
spot on. if bitcoin is worth x... so your products end game makes no sense.
when you go on any exchange in europe, dollars is valued in €...what does that tell you??? right, that one can be exchanged for the other. it means there is some amount of co-dependancy, but not everything that can be exchanged for each other is pegged to each other.
someone's in denial that their investment strategy is anything but perfect and guaranteed to upset the entire world market
i'm saving this to post years from now
people will say that about the usd. it’s just meaningless paper. it will come down to who the younger generations trust more. math and developers? or governments and bankers?
crypto is not blockchain. it is however built on blockchain technology. sounds like they want a solid ledger abilities of tracking shipments (important), but not using it as an actual currency which is what op is saying. any crypto used as real currency won’t be community driven and built by whatever government wants full control of it like china.
> ibm was commissioned to build a blockchain for the shipping ports that will eventually save billions. got a link?
i'm pretty sure you're the one that lacks understanding. while it is true that blockchain has changed the shipping and logistics game, it has not been adopted as a currency. if what you say about companies wanting to cut costs is true, then why has not crypto been adopted if it is so much better than fiat?
crypto currencies is the most hyped part of blockchain. which is what this whole post is about. crypto currencies never being adopted.
i mean proof of stake solves this.
can’t say you’re entirely wrong
so when is trump getting reinstated as president again? it keeps getting pushed back and i cannot keep track anymore.
well, in fairness he did write 'unpopular opinion' first and then swore off his own opinion and then only said the opinion was possible and then jerked everyone off in closing. reddit seems to like that kinda thing.
because its a voice of reason. if all you ever listen to is hype you're a fool
but i'm wrong about alot of things according to the females in my life so like... not financial advice
oouuuh yeah, keep talking.
sorry, but what’s your point, i think i missed it.
because it is extremely unstable and speculative. if you want to replace fiat money you need it to stay within a few cents range every year aka no profits for people wanting to make money from crypto. crypto as it is right now its a great casino, shitty monetary system when it comes to its value.
can you explain this more? it seems like with bitcoin being finite that it is not a long term solution.
deflationary currency will simply never work, because people do not want to spend an appreciating asset. there's a reason why deflation is considered a bad thing for an economy.
laughs in 2008 where people lost everything despite it being 'secured'
the whole global economy is a ponzi scheme
no more a fraud than organization nation state government structures.
but the main point of btc and crypto is its separation from banking and governments. that's the main appeal.
0% fees on chivo atms in el salvador 😉
humans do not deserve extra planetary colonization. until we figure out our own shit here on planet earth, we should not go spread it around elsewhere.
crypto is far from untraceable.
ethereum has increased over a 1000% last year, for solana it is 5500%. axie infinity increased like 1500% in a month? or you could just have invested in the token sale of star atlas two weeks ago which now has increased 14223%, 500$.
do you drive a car? if so you are ruining the environment. do you use ac? if so you are ruining the environment. do you use a bank? if so you are ruining the environment.
the people in charge of the banks don’t know what will hit them. woopdie doo they can take billions of dollars and move it around and make ~20%, take fat cuts and pay their investors shit. crypto cuts out the middleman. decentralized finance allows people to pool their money, generate similar returns with algorithm and say fuck the banks we will share the profits
there are plenty of coins that don’t use ridiculous amounts of power :)
it’s leapfrogging itself so fast that people can’t get a grasp of it. it will just appear one day and most people won’t even realise what it is or was
wales 🏴󠁧󠁢󠁷󠁬󠁳󠁿 a big player on the crypto market?
a bottle of wine is a bad example. bottled wine doesnt become much more expensive with age. it would have to be aged in a barell or to be from a very limited edition. you cant just buy any bottle, put it aside for 10 years and profit
i’ve bought things with it, so it’s a currency. who’s delusional?
i can send funds to my foreign family instantly for a fraction of a penny vs (wise) or 75. your statement is delusional.
what a nice, unfalsifiable statement.
as is all of humanity collapsing…
they think nothing is backing it up because they dont understand the value of decentralization and permissionless transactions
nah nah, you need to get into (long rambling speech about some alt coin that homies def too deep into at this point)
literally all your comments are about arbimoon. you're a terrible shill.
evaluation and critical thinking do not need to be positive to be effective. what he brings up is a worthwhile consideration. to properly weigh out the risk you have to consider all the possibilities. to silence someone saying something like would be bad strategy.
personally i think the environmental impact is the one reason it could fall out of favour and halt its adoption
bitcoin was created by programmers who were fed up with these financial institutions in reaction to the 2008 financial crash. literally the opposite reasoning of what you claim
the dollar went up 400% this year? no way!
ur a special kind of special are not you
i do not understand either
hence the focus on stability 😉
maybe dogecoin is not for everyone ?
we actually dont call ourselves this but we do welcome all you wallst bets apes here, unlike you with us in your sub
50 years??? no advancement will ever take 50 years ever again. our technological understanding and advancement goes up exponentially throughout history, from here on out, it’s basically straight up from here, unless we go into another dark ages…
internet was useful from day 1, crypto is like medical cures always 5 years away from being mainstream, just instead of 5 crypto is 50 lol.
you would be surprised for how many illegal things the us dollar is used for
literally tomorrow el salvador is starting to use bitcoin as legal tender
sure worked like currency when i used btc to buy parts for my pc on newegg.com or when i bought precious metals from jm bullion. anyways the number 1 currency used for money laundering has been the usd. if you want a good example of money laundering, just look at hunter biden book and how it was a big seller in china.
i don’t think you understand proof of stake currencies
are you including pos coins like cardano in that statement ?
bitcoin != crypto. many other cryptocurrencies solve the problem of inefficiency.
i think you are generalizing a bit too much here. pow is generally a waste, but there’s even projects which the work is medical research that needs computing power no matter if connected to crypto or not. furthermore, with pos and projects like nano there are crypto which are more energy efficient than traditional banking systems and their servers. so saying all crypto is inefficient is false, however we need to steer away from those who are and.
i can see you are only talking about bitcoin, as most other projects use less power than today's banking industry. crypto is greener than banking, but bitcoin is not. processing million money transfers in a bank today is not even close to free and without energy cost.
it is the stupidest thing i've seen too. like, yes, centralized banking systems have their problems. however the solution is not to abolish them and switch to a bunch of gpus using tremendous amounts of energy to scream into the void. there was a figure from bitcoin supporters that claimed bitcoin uses 1. the question is, who here has actually used bitcoin? 99.9% of people never went past the virtual wallet provided by exchanges. why would they? transferring bitcoin is dumb and expensive. bitcoin uses 1. the "less energy efficient" central banking system is used by billions.
hahaha wtf yeah bitcoin is crypto... i now know for sure that we are still early.
did you read his post or just go off on one?
i can see why you think like this. this sub admittedly has become gme 2.0 when things are looking green on the chart and people are filled with euphoria. but regardless i think you are wrong and there will be a day where you will download an app which will use blockchain tech without you even realizing it. :)
i don’t think you understand crypto…
what? thanks for the laugh!
lmao you clowns that is what will happen. at least one of you has woken up. !remindme 10 years
lol, saw you were downvoted. someone must of just jumped on the bandwagon recently. only been talked about on mainstream news channels daily for years now.
in other words: you’re full of shit.
that would be just another thiscount. they would have to shutdown the whole internet to get rid of crypto and even that might not do it.
if only you knew a single fucking thing about crypto lmfao
yeah it is all just fake bullshit based on a fake value. just like real money.
dog you are gonna freak when you hear about the stock market.
why would you buy a company share such as amazon for 3k while 10 years ago it was 200 bucks, literally the same thing, you are the one who is loosing out.
exactly, crypto has turned into a casino and no person is going to gamble with the money they need to spend on everyday expenses.
>it's being adopted faster than any tech 2007: apple introduces the iphone. 2017: 77% of us pop owns a smarthpone 2009: bitcoin is introduced 2021: in the united states 9% of respondents said they owned cryptocurrency granted this study stated that the us ''has the second lowest crypto adoption rate of 27 countries'' ... but still. c'mon dude.
because some things are more likely than others
what if the revolution doesnt happen. what if the other 99% is fine with the current system.
growth does not mean shit. there's plenty of examples in history of some sort of service, product, or commodity reaching record breaking heights, only to fail years later. most people view crypto as a stock market, simple as that. they invest in crypto so they can make a profit and get fiat back. it still has a long way to go.
i never understand this take. crypto is effectively being manipulated by the ultra wealthy and those with bad intentions. various trashy worthless cryptos have seen massive pump and dump schemes. various big capital companies.
he says as elon musk pumps and dumps biweekly
> the ultra wealthy will do everything in their power to protect their wealth. there will be a huge opposition to crypto by those in power and if it survives, there will have to be a gigantic push by the world's common folk to make it happen. luckily, the ultra-wealthy are already buying bitcoin and there is now a super pac in the us created to influence politicians into accepting crypto.
governments manipulate their currency for the benefit of the economy. it is quite essential that it happens. monetary policy will always exist and it isn’t a con any more than taxes are.
then you buy more, and it goes back up.
thats... not accurate in any way.
doubt it. when cash finally goes you think the government is just gonna sit on the idea of a tax free transaction scheme? the whole idea of getting rid of cash is to catch tax dodgers. then again i understand next to nothing about crypto and you are most likely entirely correct
crime has always been what i consider the best usecase for crypto.
who is “they”? physical cash is far too useful to ever be given up.
i dig the anti hopium. a good chance to think about if my hopium is pure or if it’s cut
speaking as a software engineer, the older generations in my experience are actually more technically literate than the younger generations. they grew up needing to in some cases write and install their own software, change out and upgrade pc components, set up home networks etc. gen y and gen z on the other hand grew up with devices that do everything for them, the walled garden of apple devices that you can’t tinker with. yes they show their entire lives on instagram but all that is, is pressing a button. there’s no “tech savvy” in that. the older generations (gen x) have the best chance of understanding and driving crypto forward vs just “meme”ing it into existence. that said, getting back to op, they also see the absolute slime and scammers that have generally gotten involved in crypto and have a right to be skeptical.
i wouldn't immediately download you for having that opinion if you actually added any sort of ideas or content behind it. you get the download because this contributes nothing to the conversation.
looks like we have a bank shill
took thistributed algorithms at uni, crypto is shittily solving an impossible problem
your username does not reflect your attitude anyway by your very mantra alone is what crypto is doing, using it as a means to escape tradfi and the fuckery it brings with it. we just want a level playing field man, i'm sorry you are not influenced by the cause but hey stay positive
banks will try and develop it... not destroy it. if they see it threatening their model it will be infinitely easier to join them then try to beat them. there is not even a "them" to beat.
many banks are investing in crypto and creating crypto strategies. at this point they are pretty much forced to do so or they will be left behind. edit: link address
naive how? how do you believe banks will achieve destroying crypto?
can you live in btc? the statement that bitcoin is better than real estate is bullshit. and by the way, it’s not even the same kind of investment. it’s like comparing pokemon cards and houses and saying that pokemon are better.
same, this is why i cant take the stock market seriously...
they're already being used as currency though, especially in asia.
they'll do whatever makes them the most money.
zero. crypto is driven from the bottom up, so retail decides what sticks and what does not. also any code can be forked, so if a bank did buy up one token, the people would just fork it and move their capital to the forked version.
to earn a quick buck not as an alternative to actual cash. can someone eli5 how something that fluctuates so much in value from day to day be sustainable?
it's a currency you have to pay money for smh, at that point just start paying people in nintendo eshop gift cards... oh wait, eshop gift cards have actual value.
i do not remember exactly, but it was maybe 10 years ago or so that a local pizza shop put up "we accept bitcoin" on their outdoor signage. that pizza shop has long since closed and i've never seen anything like that since. just anecdotal for sure, but i found it funny and interesting at the time.
i actually think that third world countries will be first. developed countries already have a financial system (you can argue that it is flawed, but it is there). meanwhile so many unbanked people in 3rd world countries
so you believe “regular” money is run and only used by honest and trustworthy people ?
so like…. the way the world works right now? lol
hmm does not sound to thissimilar to the way us markets currently work...
how does one stop criminals from using cash? or gold? also you have to think about some crimes like financial ones that could be programmed into blockchains.
wait... you'd rather be in stocks?
it’s call unpopular opinion, not unpopular evidence.
which country btw? also, adoption is not the end all be all. they might run into instabilities, it remains to be seen
it’s an opinion that you don’t agree with - an “unpopular one”. this is one of the stupidest comments i’ve seen.
that’s such a lie and you know it. there are plenty of actually crazy stupid things on reddit
there's a single crack in the echo chamber and you lose your mind over it? lmao.
> lots of people hold btc fuck all people hold btc when expressed as a percentage of the population.
that did not stop the internet from becoming used worldwide tho.
okay, you sound like you are 5. no one should take your advice lmao, i am curious how you even know what crypto is
man, i mean chill, at least we can maybe feel what he is talking about. doesn't need to become true but maybe fed and so on will create their own shit, maybe on blockchain technology, maybe not. it may be to transparent to stay as corrupt as everything is now and blockchain will be "cancelled". nobody hopes that, the signs show to the other direction thankfully, but i guess that is what op had in thought. hate less, namaste 🙏🏾❤️
in us you mean? the rest of the world is still for the taking.
uhu. did you forget about the other 7 or so billion people not in the us? my god. americans think they are the only people on earth.
needs wide spread adoption to be mainstream and with that regulations will come.
amc and gme! lol
i like the coin !!
i’ll sell you a shrute buck only for one dollar, i have 3 trillion shrute bucks. boom, add me to the list.
i do not know if it actually hurts mainstream use. i think the fact that you cannot do a transaction quick enough to buy a cup of coffee, without risk is a bigger hindrance. the fact that if we tried to have just the normal amount of transactions we have for us currency in the morning, the system could not handle the morning commute. there's a huge technological problem here of not having the capability of building an infrastructure that can be used in that manner. and that is what mainstream uses money for... most people are not buying single time large value things like a new car or boat or whatever where they would use a transaction that can take a few minutes.
you can make whatever coin you want, try getting it listed as many places as btc, try getting as much money invested in mining hardware, try getting enough liquidity, etc. and you’ll quickly see why just creating some random coin doesn’t impact the value. it’s like saying why would i pay to eat filet mignon when i have some perfectly good sewer rats i can cook up.
i don’t know the future, but i can tell you this as an absolute fact. i saw a btc logo on a t-shirt they were selling at an 80% thiscount at walmart. plenty of them in every size. do as you will with that information.
forget it? i've never even heard of it. do share wise stranger?
yeah, blockchain. and it will definitely be a big part of our future. but cryptocurrencies? eh...
ok 5g is also listed with the same importance as blockchain. 5g will be obsolete in 20 years.
general public are not the ones that will make crypto. general public are just pawns. corporations and governments will make crypto happen. it's already happening
nikola used wireless transmission to make a remote controlled submarine (boat) and he was successful in lighting up light bulbs in experimental environments. he thought the same technology (electromagnetic spectrum) could be used for powering homes using a remote tower called wardyncliff in ny. in retrospect it would be very dangerous having 120v flying everywhere so wires are good. a visionary to say the least but sometimes technologies need to be refined.
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a lot of times i find that stock market trends seem to make even less sense than crypto price movements.
depends when you started.
hmmmm, maybe i should create an oktoberfest token...
lol i used to play major mud on a local bbs when i was in high school. met a local lady who propositioned me, turned out to be married. never went for it but my closest story to an internet hookup.
did you know there is a whole style of this called dandyism? always wearing 3 piece suits with canes, monocle, top hats, the works. because they can. it makes me happy that they are out there in the world.
how dare you inject reality into our veins instead of hopium.
ok, next do “why bitcoin is worse than gold” or “there’s not really any value in smart contracts”.
> i've shared an actual unpopular opinion first one of the week 😂 congrats!
and thank you for that. most are like "unpopular opinion: kittens are cute" or "crypto is awesome".
all we want is the hopium
what was the message? i arrived here too late, and it had already been removed.
all in favor? the council has voted. this is the nopium to our hopium in these times of hodl
as an anecdote, i work it in a high school. some of the teachers are older zoomers, younger millenials. grew up with tech all their life and are university educated. more than once i've had them say the charger i gave them for their laptop is wrong as they try and plug it into the headphone jack. no idea what an operating system is, android and ios are phone brands, shockingly few know there is alternative web browsers to chrome or edge. only two have been able to set up a second monitor without help. besides the compsci teachers they have heard the terms cpu, ram but have no idea what they do etc. i'm 34 and i feel like tech literacy (as in understanding how a computer works beyond knowing how to use a flashy gui for everyday tasks) is lower than it used to be.
lmao! oh that’s scary lol
almost as scary as my shiba losses...
this has happened with every coin except bitcoin and eth. and tbh eth is replaceable. nothing is a 5 year hold expect bitcoin.
some people only invest in crypto which i personally find scary, if it does fail then they lose just about everything. i just want some exposure to it and losing 30% of my portfolio would suck a lot but the risk-reward would have been worth it
blockchain is not inherently a payment system. blockchain is an extremely useful technology in many ways and is not inextricably linked to any monetary system. thus, crypto can tank and blockchain technology still trend upward.
this is a misconception about nfts. they are not attached to the actual music or art like drm. nfts are just text documents saved to the blockchain. within that text is a hyperlink that points at the thing, and maybe a description of the object. it is possible that we will have a whole slew of new media formats with embedded nfts, but we do not have that right now. an nft is a text file with a hyperlink. and i can mint the same nft you just minted. in most cases, the nft buyer owns the text file with the hyperlink, they do not even hold the copyright to the media. if the image host dies or changes the hyperlink, then the nft is worth nothing because it cannot be changed, and it is only attachment to the digital art of music is gone.
exactly. the crypto that is popular is because of price fluctuations and people can make money off of it. in actual transactions you want the exact opposite, maximum stability. that's why despite it is huge market value, crypto has nearly zero actual usage.
hopium is all i have in these deep waters
lol tell me about it, i worked at a blockchain startup '18-20 and it was a shit show to get shit done. people did not know anything about blockchain and just threw buzz words to get investors( around the ico rise). all the crypto meetings was people trying to get rich quick, tbh it made me kinda get a way of the whole space and i kinda regret it bc blockchain is dope on the right use cases. ( im generalizing a lot, on the other hand i meet some good people in the space)
if thats not a top signal i dont know what is
glad to see a fellow enthusiast seeing the bigger picture 💎🙌
yeah, it seems like people don’t actually want a better financial system. they just want a quick buck.
get a crypto visa card lol, this capability already exists, you can already buy a bigmac with bitcoin
hey give me my list back.
yes, it is not unpopular opinion at all. investing has risk always
many of my investments are indeed crapto.
yeah to be honest i feel like the majority of investors do not really understand why crypto is such a game changer. the tech has the power to replace governments as we know them.
it could be that it feels mainstream since it’s easier to surround yourself with likeminded individuals who know about cryptocurrency. having access to these subreddits and crypto twitter makes it seem more mainstream than it really is
well fuck that’s depressing
might as well invest in crypto anyway. if we somehow manage to save ourselves, then it is likely to see wider adoption. if not, then probably any currency would become worthless and we'd have much bigger problems to worry about.
yes but the whole reason is even though it can be used as a currency, cryptocurrency is used as an investment and stock more so by the general public, which is not the intended purpose.
yup. sweden is pretty much cashless. i have some notes in my wallet but i think they have been there for a solid 2 years because i have very few opportunities to use them. even a small ice cream stall in a park will take a card but not cash.
proof of ownership with timestamp that is untamperable.
cbdcs are not cryptocurrencies, even if built on blockchain. they are centralized — controlled by central banks — while crypto is famously decentralized.
it's based on the design. the chinese cbdc is centralized by design. something like etheruem is decentralized by design. the us wants their own cbdc but they are literally years behind. china has been developing this since 2014 and the us has tried to treat crypto like it is a fad. now they are playing catch-up and realizing how far behind we are.
sure, it’d be interested
but we can’t snap our fingers and make every country adopt it immediately. you have got to start somewhere. the crackdown of the dollar has begun.
well they are relevant to crypto history whether you like it or not.
tell me your a kid without telling me your a kid. yes stuff gets a lot more affordable like tv designs but it never gets too cheap. look at tv's the new technology comes out the old ones get cheaper but it never gets too cheap. it is only crazy cheap (50% cost) when they are getting rid of models and those are gone once they are all sold out.
you’re welcome to give me all your money if it’s of no use to you... money makes the world go round
are you serious? i think you're being sarcastically philosophical but anyway... money is traded for goods and services
lmao someone bought into the cult hard.
it's simple. cryptocurrency is like currency, but digital. and it is controlled by a protocol and not by an authority. let's say different cryptocurrencies have different attributes, but it allows you to do things faster, cheaper and by yourself, just as other digital things.
yes, no corrupt politician can decide to increase the supply of your coin in order to artificially sustain the economy for the short term at the cost of inflation for everybody else.the monetary policy of cripto is defined since the beginning ( bitcoin 21m coins only)hence value only goes up ( once downward volatility reduces due to adoption) one could say that a cryptocurrency is a better form of money than gold or fiat.
ever heard the story of naked emperor where everyone goes with the charade -- that is where we stand right now. in real life i've never met a 'crypto bro' who was able to put two coherent sentences together without sounding like a cult. they are always more focused on wanting you to believe than ever responding to valid arguments. their misplaced confidence comes from profits they happened to make by investing in coins and riding the hype train. but they delude themselves that it was their sophisticated understanding and analysis of the market that led them to invest in coins. yet when pushed to explain they either resort to incompatible analogies, "people said same thing about internet, look where it is now" (internet was useful from day one), or say you're too old school you would not get it. you will get along if you do not question things, once you start questioning you risk destroying their whole identity. sure i wish i had invested in crypto, and i am still interested in investing if i find something promising but i do not kid myself thinking it is anything but online gambling.
- you're talking about wire transfers... venmo, zelle, and new efforts to create standardized digital currency is seconds. - consumers have extreme protection from whole range of frauds thanks to banks being able to reverse transaction. crypto is like western union, once it is gone it is gone for good. - decentralization and trust. it sounds good but does not actually play out, because ultimately point of weakness for trust is necessity for human input. for example, i want to use blockchain to trace origin of vegetables to determine whether they are organic or not. sounds great initially, but someone has to create a record that i am picking up this vegetable from this organic farm, where they can lie... it just moves problem of trust further up the chain, does not eliminate it. as to trust between multiple organization, this refers to immutability. you can get that by both organizations keeping their own records and logs of transactions incoming, this is already a solved problem. for example in accounting there is reconciling with banks, where company reconcile their data with bank and investigate if there is mismatch, which often reveals problems data collection step not storing. - it can determine a lot of other things --- like what?
i agree but i also believe here will still be widespread demand for a non government cryptocurrency
cryptos value is speculation. euros and dollars actually get backed up by working hours not to mention banks and stuff like that.
i hate trump. always have. i used to live in atlantic city, new jersey. i surfed everyday. his casino went up. then it came tumbling down. i remember being out in the water and watching the ‘t’ in the sign fall of the building. it was thisgusting inside. like his soul, or lack there of, now. fuck trump.
kind of a different failure case ya? hes not asking you to name unknown failures but things similarily hyped but fallen.
it does. maybe not in your country but -
this is not true, at all. blockchain is already being adopted in small ways by people i work with every day.
the same could be said of the internet itself though. the majority of the developed world uses that without knowing how it works in any tangible sense.
eth can be an investment and defi platform and bitcoin can be currency. i don’t think you can look at “crypto” as a singular entity.
most haters are salty or simply don’t have the intelligence to grasp the technology, not sure how they found the sub tbh
how long did the pyramids take to collapse?
who said anything about replacing fiat? op said it would go mainstream, i’d argue if my mom and grandma know of crypto it’s already mainstream lol
you obviously don’t know how tho fdic works or what it actually secures.
it's not a synonym for scam, it is a particular *type* of scam. if i take your money but never give you the product, that is a scam, but it is not a ponzi scheme. a ponzi scheme is when you make representations of guaranteed or very low risk gains, collect money from investors, then use the money from subsequent investors to pay out to the earlier investors when they make draws on their investment. everyone is happy until you cannot find more investors, then it is crumbles quickly.
i thisagree. i think life is meant to spread. i think we mature as we explore. i think our broader problems will only be solved once we harness space travel, extra planetary study and utilization. i'm one of those nutjobs that think life on earth came from elsewhere, a long long time ago, and probably left the old home for the same reasons we need to leave now - over population, resource depletion, breakdown in diplomacy. the only thing we have going for us in terms of maintaining a library of collective knowledge is blockchain technology. a decentralized library of alexandria that can never be hacked. if we can keep it going, keep it running, keep nodes alive in space as well as here, it can be our salvation. math is the universal language, and blockchain is really fancy math. i think our broader problems are only solved if we keep the last 10k years of human ingenuity in an encyclopedic verifiable ledger we can draw from. i do not think we are the first iteration and i do not think we will be the last, but i do know if we are to succeed and to grow and to be better, we have to draw on our past mistakes and learn from them, and we have to know how to do it fairly. i do not want us to be a blight on the universe, i do not want us to destroy more worlds or wreck other civilizations, but i do not think staying here is sustainable. we are at our core nature nomadic, we move around to survive, until about 200 years ago. we know you cannot take land from natives, we know you cant enslave people for workers. we do not know how to care for nature or animals, and we still struggle with basic empathy for our fellow humans. we are at the point now where we need to throw open borders and proceed as a unified, albeit decentralized, force. and we have the opportunity to make outer space and everything in it subject not to nation-states but to the best representation of us, and maybe make it better for all of us and the generations to come.
you are, it you believe the masses will ever adopt bitcoin for everyday purchases.
what did you buy, and how? (using a debit card is not buying stuff with crypto as your crypto is converted to fiat before being spent...)
how is it unfalsifiable. you could provide an argument for why it will never be adopted. i see no reason it would not. just how long the fight is.
hey lad, have you heard of this coin that did a x10 last week, you should put your house deposit on that one
no guarantee there. sure it has first mover advantage and network effect. waiting to see how eth 2.0 goes. i've sold all my eth for now.
when dollar tanks, crypto goes zoom. when dollar does well, crypto either sees small gains or negatives. but overall crypto growing.
i use my usd’s for all my illegal activities. it’s just convenient.
not sure they understand gme either if they’re comparing it to crypto
money is backed by countries.
compare to first phone instead of some random upgrade near the end of the cycle
so you admit that crypto is just a store of value and not an actual currency that should be used to buy things? cool.
while your argument is valid on paper. but just tell me can you do transaction without proper internet. we still have 3g with high charged 4g and that only in states and federal capitals. but my main reasoning is, to adopt bitcoin you are putting your value into something unstable(imagine buyimg pizza for 5$) businesses would be vulnerable especially small scale. secondly if one wants to adopt it wide scale you have to provide everyone with proper transaction instrument and this whole system would not be cheap to install. then comes the psuedo democracy third world enjoys, passing this kind of bill in parlimant where all the elite who are drenched in money laundering and corruption would be like climbing mount everst naked on a turtle. while giving venezuela example would be not applicable for all as their currency was in a free fall and this move was the best chance to survive and also they had presidential system, most countries has parliamentary system so. bitcoin on the other hand can be a asset like gold silver oil
agreed. actual statistics show that adoption in countries like turkey, nigeria and philippines is far higher than in first world countries.
it's not perfect, no system can be perfect, but with current system there is some degree of control and oversight. with crypto there is none. at least none that i can see. when it comes to choosing one over the other, the answer is clear and it is not even close. crypto tech is definitely cool and it as some nice ideas behind it, but it is simply too vulnerable to exploitation by criminals
if 17% of the adult us population is fuck all to you, in that case it is indeed fuck all.
you forgot the internet is america.
i am european. but when i comes to the financial sector the us government has nearly global absolute power. i worked for an austrian bank, and we hat to implement us sanctions for austrian customers against iran because the bank was too afraid to make us regulators angry.
my worry is there are not rats but also cows. my worry is what is auto industry start to have their own unique coin, and call it big three crypto. there is no marketing, no need to mine and watch it grow in value. just secure, unique, and good for buying a ford, chrysler, or gm vehicle. there is nothing inherently unique about a crypto. although the quantities within a crypto are limited, but the coins can be made up that are identical to any crypto.
scams like it are becoming increasingly common but it was supposedly a site where people could exchange bitcoin like loans for the platforms own coin, bit connect coin. it turned out that the people in charge were accused of running a ponzi scheme when they advertised impossibly high return rates and the coin deflated in value as it was thiscovered the company was never real and was run by a well known scam artist and criminal in india
this is during the 2016 crypto boom. and this is one of the reasons i strayed away from crypto because of how delicate the situation can be. i honestly believe we re being prepared for a huge crash just like then but this time it will be a huge transfer of money from retailers to whales. but i'm still bullish on ethereum
people literally lost 99% of their investment in less than a month of the scandal being uncovered, coincidentally it was uncovered right at the same time the crypto market was crashing.
this is true. the ones that survive as means of exchanging value for service and goods and that get global government support and global adoption by the mainstream will highly likely not be etherium or bitcoin and other early experiments an proof of concepts based on pure speculation of value. that's naïve hope-ium and not a good take on the reality of this aspect of technology development, since few "prototypes" make it to mass production and stay that way. recently i signed on to help run and direct r&d for one of the largest financial groups on our planet. the type of group that if we fail the planet fails. we are incorporating crypto ideas and themes in a very tiny and limited manner in our portfolio's, but not in way the crypto scene would like, nor do we see ourselves staying in the existing landscape for the long term or with more than the pocket pennies that we do own. its more an educational and r&d development expense in support of our own internal developmental and integration aspects that support our needs, global needs, and not the long term adoption of existing crypto currencies. we view the current state of crypto in a manner similar to the tulip or beanie baby or any opportunistic bubble. as a ledger its got some decent potential when you remove and work around the flaws in the assorted designs that make it desirable and marketable for the more libertarian type minded, curious hobbyists, and fear-of-missing out type of early adopters and investors. as a value and profit generation device, we have very small investments and take those profits, experience gained, and knowledge from those very minor investments into some of the blockchains to develop ways of identifying how to modify and fix it, create our own systems that incorporate some functionality, and create new functionality to meet global banking regulations regarding things taxes, linking to other financial records across institutions and across potential blockchains, for customer dd, abc, and sanction type of financial functions to prevent crime and bad investments, or to seize and freeze funding in clients and industries that we do not support either morally, legally, or due to the green initiatives that are currently dominating the direction of much of the top institutions like ours and how we do business these days. we have a much longer view and runway than the general public folk and much more to lose if we fail in how this comes into being and widespread adoption.
i thisagree. i concur that these platforms aided giving easy access, but i thisagree on that this would be the only way. changing , as well as easily findable and digestable educational content that is not produced by creators shilling their own bags
\ will be the project to take over in 2022! •dex •cross chain dex •nft marketplace •game development in time •nft crypto collectibles for gameplay (mintypunks) mintyswap.com
i can explain why amazon goes up, i have no freaking clue why dogecoin hit 70 cents.
same. i'm just kinda meh on stocks these days.
beer nfts. proves that the beer you just drank was actually yours.
looks like i have some research to do; i’m very interested in this.
where's my vr headset?! i do not want reality!
this is nopium :(
my thoughts exaclty! we want nothing more than our daily dose of hopium!
it puts the *hopium* on the skin or else it gets the hose again.
first one i've seen in months...
middlemen in many their forms, really.
i mean there is monero and zcash and monero and zcash clones and pretenders, but that is like <0.1% of crypto tx's
can't wait for ps1 to finally be !
> yes, no corrupt politician can decide to increase the supply of your coin in order to artificially sustain the economy for the short term at the cost of inflation for everybody else this could easily be a reason why it doesn’t get adoption. because it’s not in the interest of those that are in power.
you are way too sane for this sub bro
except no one's treating it as a currency and everyone's treating it as an asset class. no one's yet to make a crypto currency and treated exclusively as a potential currency. a real currency needs to be stable. the us dollar has a 2% average inflation rate over the last 10 yeaes no one is going to want to buy into a cryptocurrency that only goes up and down 2% in value a year. if we calculated say dogecoin the same way we calculate currency it would have a deflationary value of -26,813.52% this year, 13000x more unstable than what a currency should be
what does biden have to do with anything related to this topic?
mainstream fleeting trends and mainstream adoptability are two different things though. my mom also knows what whatsapp is, but still uses sms
this is a *ridiculous* statement. every generation is more interested in crypto than the prior, the sec is starting to regulate aspects of it, tesla toyed with accepting it for cars for fucks sake. did you think electric cars wouldn’t work out either? i can’t stand absolute statements of certainty from people over something that just takes time to catch on and is well into the process.
you can check out on overstock.com and pay in bitcoin. that’s one example i’ve used personally. and no, it’s not converted to fiat first.
in your actual comment you made no arguments about why you believe it is inevitable. all you did was make a predictive statement, with the added possibility that it might become true after we are both dead. that’s unfalsifiable. i have no opinions, since i have zero knowledge about or interest in crypto currency. your comment just tickled me. you did the psychic thing. have a nice day.
how much did the dollar increase this year?
oh yeah because cryptography and blockchain-like algortihms totally are not a thing since the 80s
a coin started and maintained by a company will be inherently centralized and potentially a security, you haven’t created a bitcoin competitor with chrysler coin. bitcoin is decentralized and a commodity, people all around the world work to maintain the network. if a government agency wants chrysler coin shut down they can sue the company issuing it but in the case of bitcoin there’s nobody to go after to get it shut down as there is no single point of failure there are absolutely very unique properties about individual cryptocurrencies, again try getting bitcoin’s hash power
i've only really gotten to understand crypto over the quarantine and even then it is not for my own use as much as just being able to comprehend other people talking about it. i'm not confident in my ability to invest in it on my own so all of my interest and information is really surface value. that's why i follow subs like this and ask the occasional question or two.
20 years ago 56kbps was fine for 99.9% of ppl
i refuse to buy any more stocks until i’m rich from my gme i’ve been holding.
you just gave me a great idea for a new game. vr day trading where all your predictions pan out.
hell yeah. virtual reality > regular reality. facts!
tastes so bitter. would not recommend.
thing is...it has already been adopted. right now is a 2trillion market with etfs live in many countries. crypto companies ipos already trading and bitcoin treasuries like macrostrategy and tesla... 0 to 3% was hard... 3% to 100% is easier.
bitcoin has been around for more than 10 years? why did not it take off? because it fucking sucks shit for everyday transactions. worst user experience you can possibly imagine, and there is no universe in which a regular joe or my mom would want to deal with any of that shit. it fucking sucks. have you ever used bitcoin when the network is congested (which admittedly does not happen often, because no one is ever using it for actual everyday transactions)? i am dead serious when i say that westernunion was probably a more pleasant experience. and that is like one reason out of a dozen why it sucks and it will never be used on a mass scale. only reason people are interested in crypto is speculation. just admit that, admit you're part of a ponzi scheme, and go on with your day.
with huge fees and only 2 transactions per second globally because the network is so ineffective. wake up bro
i hope they do great on thursday after the bell. should be interesting to see if they have news on the nft platform they are building. now would be the time to announce its for stuff, striking while the iron is hot and all that jazz. l2 solution for nfts on games, resale of products etc etc would be a game changer.
i too am a friend of keith.
but so much of that market is based on speculation. many people (myself included) are contributing to the market on the speculation that it will make us profit. not because of what we can do with it right now.
“never be used on a mass scale!” that’s what people said about computers, the internet, electric cars, etc. again, people who make absolute statements like this just highlights the ignorance. you don’t know that at all and all signs point to you’re wrong at least for now. that could change. also let me be clear, as of now i don’t own one single coin. so i don’t have a personal interest, but i’m not so stubborn and stuck in my own opinions to see this is another example of change that is taking place whether you like it or not.
news does nothing to that company, the price is already so far from the actual fair value of the company it is all bull shit.
bitcoin has been around for 10 years now. i was around the 2013-2017 era up to the bubble, because i had clients in the space. besides the fact that every single person i dealt with was a charlatan, it has made me painfully aware that on a user experience level, it is one of the worst payment methods you can possibly use. i'm not against technology. but i will 100% stand behind what i said. the problems that bitcoin has are far greater than the "problems" that it is trying to solve, like decentralization and regulation. and for it to get rid of the former, it will have to adopt the latter, meaning, it would be the worst of both worlds. it fucking sucks.
wait, are you telling me my ? i want to speak to the manager.
while it’s possible to do it with smaller amounts the old adage is still true: you need money to make money
true, 100% growth of 100k is 200k. 100% of
i think crypto was a defining moment for me as it made me interested in saving. i didn’t have any money to my name before. i slowly ended up putting away 1k and now have 8k as crypto has risen. (this year) i’ve never been so excited to put small bits of my earnings away. i think even a small amount per month will eventually get you where you want. to do this though i had to cut down all of my bills and spending. goodluck my fellow crypto holders x
it has to start somewhere. it has to start sometime. what better place than here? what better time than now?
we all start somewhere. be realistic. if you have a . if you start w , then make it 100k then make that to 1 million. it’s the same precentage. but just a different start. some people never start.
if i had patience i'd have been a millionaire. i'm sure most tech savvy people who were in crypto early are in the same boat. had several bitcoins around 2016, and hundreds of eth when it was still under 20 bucks. thought i was a king making small profits daytrading on poloniex at the time lol.
that's why i plan to stake my profits from this cycle for the next couple of years, as well as dca. that way come the next bull cycle i'll hopefully have enough in the game that 5-10x *will* change my life
you are right. in 2017 i bought xrp at 12 cents. made more than 1000% return. but i only put in . so yeah... if that was 20k ... but then again, i have no such money lol.
don’t treat crypto as a get rich overnight scheme. i’m taking it as a way to grow my money and fight inflation since banks interest rates are seriously too low
or because they just came in earlier… imagine throwing 50 bucks at btc in 2010
i agree 100% with this post. however, it should not thiscourage people from investing in crypto. in fact, crypto has opened the investing doors for literally anyone. i remember when i was younger that all these people were telling me to invest. invest in what? all i had back then was 500! now with crypto, you can literally start investing with 10$. sure, you would not become a millionaire in a week with an investment like that, but the fact that you can start with 10. for more than a 100 years, these rich bastards have been telling us poor people that we cannot participate in the investments they make because it is "too risky" and it is for "our protection". now, you can invest however much you like and expose yourself to great returns. we're living in the biggest paradigm shift in the history of humanity and the ones in power do not like it. invest in yourself, do your research. if you do not want to be staring at charts 24, just use crypto as a saving account and reap your profits from interests. not financial advice.
it's true, but everyone can still get in on the percentage gains. i'd assume that wherever anyone's starting point is, a 2-10x will already be somewhat life changing. enough to never have to work again? probably not. but then again we should not kid ourselves, there is not enough money for *all of us* to retire early.
i made overall 400% and it is still life-changing. that brought me and my wife 4 years closer to get into the property ladder.
time in crypto beats every other strategy and you can make good money even with small amounts invested consistently over time.
the first million is the hardest to get. some make it some dont. i am fucking broke fml
we all have to start somewhere and it is better to "practice" with . and the stress of putting all your money in one place is daunting to start off with.
tbh i solely relied on this subreddit at first to make some money to put it into crypto. then i turned to faucets. i grinded all kinds of faucets until i got a couple of dollars and combined with this subreddit i’ve made my 100$. i started investing with and so far i’m at 400$. i know that 100’t do a thing, but i can’t afford to put any money because i live in lebanon. in my opinion, if you stick with your plan and hodl all the way through and make the right decisions you’ll make money. ofcourse it won’t be life changing money but it’s a decent start. you can always try and check other ways of income like drop shipping and co. (this is not financial advice). so therefore, any amount of money works tbh. especially if you’re under 18 like i am.
still, go find any other investment where you can turn a few thousands into a million in some years
people just do not have any patience, you can make thousands from hundreds in a bullrun, then the next bullrun you can start with thousands, that is what i'm aiming for at least, instead of gambling on a single memecoin, which may or may not work out, but is hardly a well thought out plan
,000 today. providing you never bought any more and never sold. time in the market really helps.
i do not wanna be rich i want to be comfortable.
. it's a difficult game, but you can win with small amounts of money too.
you mean i cant become a billionaire by next year with my ?
this is facts yo going to make millions if you have atleast 10k
the game is about reinvesting your profit and get to that number.
then again ive you invested 100 ik shiba you could have got 28 million now... so all perspective ofc... if you invest millions you can lose millions aswell...
unless you invested 1000. that would be 70000. you take that money and invest in other crypto. and in 2-3 years time you'll be a millionaire with just 1000$.
actually, time is more important than money. just compound 200 dollars invested at 26 years old versus 6,000 at 53 years old, my age, at the historical rate of return of eth for instance or btc if you want a larger sample size. the important thing is to choose the coins that have the longest existence and first-mover advantages and hold. you can always invest in different coins as the market changes.
not true. this is the kind of thinking that leads to failure. making thousands, tens of thousands, hundreds of thousands and millions takes thiscipline and time. discipline to invest small amounts, what you can afford, every week. discipline to invest in solid cryptos beginning with bitcoin and ethereum which should make up half (50%) your holdings at all times whether you have , or ,000. discipline to invest the other 50% of your holdings equally between large cap and medium. discipline to hold your investments and not chase rising cryptos. discipline to set aside 25% of your money in cash so you can wait for the dips to buy low. discipline to take 10% of your profits and out it toward the cash you set aside. absolutely anyone can become a millionaire, but if you think you can do it overnight, then that means you aren’t willing to do the work necessary to achieve your goals.
i’m sorry to de rude, but if people need a reddit post to explain this concept to them, i think it’s best they don’t invest because they just don’t have basic knowledge’re gambling. i just don’t want them to see rekt. also, we should not always talk about 100x. a 2x in a couple of years is amazing and realistic. but if all you reed online is stories of 100x you’re gonna pass the solid projects for moonshot gambles (and likely get rekt).
the only way i see my self making millions in crypto is if i have a billion to invest...
thats not entirely true. i turned £380 into 100k this year
true and i agree with you in all your words. but also keep in mind even 1k profit can change someone’s life and it can be achieved even with 100.
the next shitpost will say something like: "you need to buy crypto to sell it"
made around a mill in 5 months starting with . one statement that is even more true is that if you do not try ti make it happen then it will never happen.
i had a uni colleague who was always bragging about how he was making 1k. but he did not mentioned that his parents bought him a 10k rig so he could do that.
while i know this i prefer to ignore it and think, everything needs to start somewhere !
i’ve been happily chipping in five to fifteen dollars at a time into different crypto’s and am slowly up to a portfolio of around 600 worth. not a ton, but it’s been fun and nice to see it grow in little ways and make me feel like one day i’ll be rich
the media point you make rings true for alot of stories they run. things like "i'm 19 and i saved to buy my own home mowing lawns and saving my money" just to make it seem like anyone should be able to do it and it is all our own fault we are struggling because went for brunch last week with friends. they omit the fact that at 19 those people have never paid rent in their lives and their parents gave them 200k towards the deposit. separate rant - trickle down economy is a lie. money flows up. once wealth is amassed most will never reenter the economy. only those living month to month must spend, spend, spend to stay alive.
i know crypto millionaires that just mined early and got lucky. they even bought two dell computers for like 300 btc when it was valued at like 20 dollars and then made another couple hundred btc off of those two machines since. while your message is true for those jumping into the game now, there is plenty of old schoolers that held that were just at the right place at the right time.
this is true of literally everything. it’s such a well known phenomenon that they even wrote about it in the bible.
tbh, if you bought . hodl 10 years boys and girls.
do you think it’s feasible if you have ,000 worth of eth now that it would be worth a million in 10 years?
redditor and excuses. name a more iconic "duo".
if you do not start, you'll never get there.
granted it takes money to make money, but that’s true of stocks, investments, etc. i remember putting my work bonuses in crypto. when my eth rig mined enough to buy another rig, i did just that. the biggest thing is risk tolerance. just because you have , do you put it into a meme coin? maybe. it’s like monopoly. when i get a set, i mortgage most all and buy houses.
you only hear about the winners. so many losers but they do not make the news. having money is a half-substitute for timing. . so do not cry too much over not having more money. most who have it started where you are and worked hard and invested wisely.
most of the time when you hear of crypto millionaires, they are talking about the people who bought .
if people do not understand how basic math works, i'm not sure investing is for them. this is... basic math. 100x on a ,000 investment are going to be wildly different amounts of money... but still 100x at the end of the day.
they also don’t talk about how many lose money vs make.
may the gains be with you
> i bought a > i'm going to be a crypto miner > makes . maybe. > does it for 3 years straight > video card dies > evga does not cover this shit and why would they? > can't get a new one > buys a pre-build again > makes no actual money > repeats the same process of insanity expecting different results > s-m-r-t!
i bought a few nfts. i invested like . sold of some early, made a couple thousand. happy with it cause profit is profit. luckily i bought 2 more. but now the price(only a few months later that nft floor is now worth 40k, with the floor at an all time high of 55k). so i mean. if i had spent like ,000 on 15 nfts. i could’ve made very close to a million dollars in 2 months with a nft i spent . but i didn’t. so that’s okay. but it’s possible. just not easy or common. it involves a lot of luck 😂
i'm doing my best, but, honestly, it is hard. i'm thisabled so i do not have much to begin with and i was putting money into crypto for a while but when my money stream dried up i've been very slow most of the last year. i've been in a very weird place since then actually going for slower growth so that when i am hopefully able to have a little bit of money to invest again the market would not be judged off of 100k btc. i wish i would have gotten in earlier when exponential gains were possible, but at this point i've had to come to grips with the fact that because i came in late enough and i do not dabble in volatile alts, i'm never going to realize lambo money from crypto. that said, i'm not defeated by it, and i'm going to continue to plug away, brute force every day.
this is true of anyone who is rich. you don’t generally turn . you inherit money or get a huge loan to start the business.
your telling me i would not buy a lamborghini with my ??
i'm just trying to turn my
a post from a while back showed investing 100(30k) to make around 1-2m+. it will probably take longer with that amount but still, it’s possible
you don’t need that much to get started, i bought ,500 of sub during its ico - sold a couple times at highs and bought back on dips to increase my holdings. in the end i sold all of it for 6 digits at . i was working a regular ass job and all it took was saving a few paychecks. i put half in my bank and the other half is seed money. that’s largest gain i’ve made on any trades to date but it is certainly possible and i now have capital to reach far higher numbers the next time i find a similar opportunity.
this is true for the majority but people have made millions of of 100’s many times in the cryto space. they just put far more time and effort in than most people are willing to give.
you know the drill folks!! buy sell, low high!
>people are making millions in crypto because they already have several thousands to start with! or billions
i hate this type of mantality... the type pf people who just have to degrade anything good... that is the mentality that will get you nowhere in life... the way i see it, all these millionaires dca'd into the market through out the entirety if the bear market, they probably spend the last 3 years in the red watching their money go to shit, studying projects and charts, and they kept grinding and putting their money in every week and now they can reap the rewards in the bull market...then someone like you comes along and degrades the 3 years of shit they went through to get rich because you only want to get in today when things are looking good and you only have 200... many of these people had no money too, dont make stupid assumptions, they put 50 or 100 in every single week for the last 3 years even when it went to zero...dont degrade other peoples success... learn from it...
you are wrong. when the bear market comes lots of good alt coins can be down 90%. then when the bull market comes they jump 100x 1000x, meaning 2k nto it can make thousands. you catch the bear twice and you make 6-7 digits. long but not impossible. what you talking is hell true with spy "safe index fund" and dividend scheme bull shit. not crypto
i'm a crypto millionaire after i bought doge at 0.69 for 4m usd.i now have exactly 1 million left.
its simple maths ppl. greater the risk greater the reward!
only no coiners say shit like this. you have no idea how early this shit still is. even if you invested 1k today it will likely hit 20k (2000%) within the next few years. the s&p500 averages 10% a year. that means it will take 200 years to make the same gains vs 5-10 years holding bitcoin. stop thiscouraging people because you did not buy any yourself.
while rock nfts sell for $$$$$$
at least i can take out more than ramen.
i’m sorry sir (or ma’am) this would require logic. and i came here for nothing of the sort! 🧐
yes it’s true, that’s why focus on your self - celebrate even your small wins, don’t compare and be happy :)
easiest way to become a millionaire in crypto is to start with a billion dollars and then whittle it away day trading until you're at a million
that's why i've begged my parents to buy crypto (they have way more money than me), however they see it highly risky and did not buy any
this is so true. when i heard 14 yr old making . i thought i'm on it. i'm getting one of those rigs, i can do it. then you look at the costs which are substantial, but also the time involved. most of my waking hours are spent mining fiat, paying bills, dealing with family, kids, etc. the son of daddy warbucks has all the money and time in the world.
you make percent of what you invest
check out the seedify fund. they are ico's for crypto games. actual mass adoption is what will fuel the value of those coins. not rampant speculation.
totally wrong, because if you started with , its now worth thousands and thousands. if you start with , im 5 - 10 years you will have thousands. simple
but also remember the more money you invest, the more you will lose it it does not work out.
i turned my 200.
i do not understand why thiscussions are always about "getting rich". isn't "having a better return than using a bank of classic investments" enough? why everyone seems to scream moon and lambo when it could just be "a possibly better way to invest and get a better return?".
no, they just bought when you did not even hear about crypto until cnn told you.
its all about the zeros... either you get them when you are ridiculously early and they are all in front of the price you're paying and it goes up some astronomical % or you get them by putting them at the end of how much money you're investing and it goes up just "a lot" but you am not getting rich with a 100 bucks either way like, take something like mtv that is at like 0.017, a 100 bucks gets you 5,882, say it goes to a dollar, that is about a 50x,000% rise, wow! that's a lot, you're rich! no, you have about 6,000 dollars...if you put a 1000 in its worth 60k, if you put 10k in its worth 600k, so you would have to have about a 20,000 dollar position in something worth 1-2c *and* have it have a meteoric 5000% rise to have a million its all about those zeros...
take your most productive years and trade labor for $$. when you get to a point that you dont need more money invest it into what you want to see more of.
convinced my brother he was missing out so he bought . china pulled their stunt again and the dip came. he sold out of fud for a lose and holds it against me.
i can’t wait to be rich so i can be more rich
or time, which is the real reason most of us have done well.
it's also right coin right time. plenty of coins have gone up 100s of thousands of percent. but people get in late and sell early. however i agree. it's easy to make millions off of hundreds of thousands. but if you think this is the beginning. or just one cycle out of many. use this cycle to make thousands or hundreds of thousands and next cycle make millions
i saw an article about a 13 year old that "used an old gaming machine to earn £3k a month" he then wisely "reinvested in more mining hardware" really need some pictures of that "old gaming machine" unless the kid was only fans or something, idk, article was unclear
this🔥🔥facts, am so happy someone is finally saying the truth, i have been in so many platforms and groups where they say you can make millions with very little amount of money but when the fact is that wealth only comes in the volume of money you invest
wish i had like 200k to invest…wonder what the potential would be
a lot easier to make your second million. it is fucking hard to make your first million.
people will only tells you that they earned xxxx% but no one tells you how many are failed
or you can sell 2 pizza for 10k btc just 11 years ago.
also you have to have some money already, to be able to hold any asset long enough to make really huge gains. most normies will sell when they see gains > their yearly salary, instead of waiting to potentially make millions.
yes this is true !
a small personal loan, of 1 million dollars from my father
stop moaning, if you’re successful as a trader and you’re compounding then it doesn’t matter. it’ll just take a bit longer
depends. i've had multiple 3 figure investments turn into 6 figures or 5 figures, all this year!
me with ny 500: 👁️👄👁️
i watch percentage instead of money gains because that more accurately represents your outcomes
bull-fucking-shit! i'm here to tell you that you absolutely _can_ make av lot of money starting with a small amount. it takes time and thiscipline - something most people are severely lacking (as seen by the growth of projects that clearly have little to no functional utility. the "gold rush" is not over, it is evolving. people may have missed out on early ethereum prices but the defi boom was not long ago. the nft boom is happening now and cottage industries around crypto are springing up all over the place with big profit potential. some people seem to look at how people made money and think they missed the boat. look for similar but different boats! do research! make small investments in solid projects and wait for years to watch it mature. not all will - there is no guarantees in life. time and thiscipline, those will help increase your odds of success. ... and remember, everybody is going to have some kind of advantage over someone else. rich parents, insider information, better friend's network etc. look at the advantages you have and leverage them. anyone reading this is fortunate enough to have access to the internet and the wealth of information therein. that alone is advantage that was nearly inconceivable just 30 years ago.
yeah...i have a buddy with ’s going to retire on it. i’m like...yeahhh sport, i hate to burst your bubble...
it's more about how much they have that they are willing to gamble. i have tens of thousands invested in crypto, but the bulk of it is in coins that i feel are much safer because i do not want to be a out a year of savings if my investments fall out of favor and never recover. the gains are slow with the safer options. some have done extremely well, such as ada and bnb. others have done okay and i cannot complain, but nowhere near well enough to make me millions. i never would have yolo'd into something like shib because it is much riskier. with all that said, i'm still hoping for an early retirement from my crypto gains, so maybe i will be a millionaire eventually. if you want to be in the position i'm in, then stop thinking about making massive gains from riskier coins and start thinking about how you can earn more money that you can then use to invest in safer coins.
there are so many people in here thinking that bitcoin is reaching peak limits. i'm a visionary here and i think that in the future all transactions will be done with cryptocurrencies,and by all of them i truly mean that dollars. there is just so much more,and people thinking 100k is peak are just being fooled,wait till you see that get to 1million or much more. coins and cash in a few years will go digital and there will be no transactions with them any more. we are so close to the beginning that we think it is closing to its peak. imagine google before youtube,and imagine google 10 years later,that is where cryptos are right now. there only needs one major push to become a norm and it will blow up to greater highs.
you are missing one core element - time. yes there was a point where i only had . but that was years ago, and nearly every payday since i have put money in and invested into interesting projects. and now they generate passive income which i re-invest. the compounding together with time in the market produce huge returns. crypto is really a 4 year plus investment.
why is this worrying? if you do not have money you cannot invest it, so it is a non-issue. if you have some money you can invest it, so you'll make an roi. if you have a lot of money you can invest it and make a larger roi. yes rich people can make more money faster, this is not some surprise metric, this is literally the history of economic growth both nationally and individually. this is the same regurgitated "you need money to make money" mantra in a long-winded diatribe.
except some people did become rich by paying pennies for some altcoins. now they have invested in other projects and have become even richer.
imagine putting ... sure, money makes money. but if you do not have the money, you hopefully have the intellect and will to create something like a product or your own business. nobody ever said this world is fair.
people are making millions because they hold. who knows how .
if you invested , you would have had paid ,300 in total and would have ended up with 37 coins worth around . if you just invested this same amount in top 1 coin; btc, you would have ,102,000
the goal should not be geting ritch as fast as possible but protecting your purchasing power. people here often just want to get more fiat, but that was never the intention of crypto.
why is this post so upvoted?
yea, thankfully you see much less bragging about specific gain (and loss smh) numbers here than on wallstreetbets. it’s kind of annoying when people post about “i’m a millionaire!!!” like they’re working class when they show their initial was like . like, if you have that to begin with you’re either in the upper end of middle class if you made it yourself, or you’re a literal trust fund kid. and hey, i’m not hating, that’s legitimately great for them, just don’t act like you’re some plucky poor kid success story when you could have bought a house in the midwest outright with the money you bought in with. the people who worked their ass off at a min wage job putting like , learning trading strategy to maximize gains, and *then* end up with , *those* are the stories that put a smile on my face.
anyone wanna show me how ? i've got a lil saved up i'm willing to learn w/
except ... this is a casino.
last february i sold 200k doge for like 800 bucks. if i had held till this feb it would have been like 200k you can sometimes hit the lotto with crypto or stocks but more often than not you wont
step 1 - option trade with wallstreetbets. ' step 2 - after you lose all your money, use your next check and repeat step 1. ' step 3 - repeat step 2. ' step 3 - invest your newly-won thousands into a funny dog coin. ' step 4 - profit. ' this is financial advise.
unless you yolo into a shit coin and get extremely lucky your not gonna make more than a few hundred. i yolod 400 and made like 800
this is why meme coins are bad for business, people toss that
people who got in when crypto was , but exponential returns are unsustainable. you’re now going to be looking at single to double digit returns at current levels as opposed to 5000% returns. that’s what it means to get in this late, and that is of course only if it goes up.
the first million is the hardest one to make. i got really lucky yoloing into eth, and then later yoloing gme and amc, but it is what it is. been slowly pumping everything into more eth. really hope i can just live off of staking after all the dust settles.
yeah but you've also gotta consider percentages the other way are alot of money. more risk with 100k
or they’re very lucky . . the first doge millionaire invested like over 60k he said . some people with btc, etc have just sat on it . it all depends . you need patience and foresight for some of these
b.s. there is about a bajillion coins to choose we all choose losers they get us the f****** buy at the high and sell at the low fomo to the f****** hills and we're all broke so f*** you and whoever wrote this
i love dumb money posts like these.
very high returns are still possible and defi yields are still way above normal bank or investment dividend rates. so, you are not going to make a 10,000% return... so what? one result of the extreme volatility is people expecting that these super high returns will continue to be possible or even likely and that simply has never been true.
i started with several thousand and assure you that i'm not making millions. lol. i'm happy with 15%.
if you convert your portfolio to zimbabwe dollars you be at least a billionaire
i’ve only personally only known 1 person who made a lot off crypto with little investment. dude put . not sure what price he bought it at or how many he had, but he bought at less than .50. we worked at a deli together when it hit . he came in the day after he sold it all, gave everyone , and quit on the spot. dudes doing really well for himself now. bought a house, finished his degree (he’s now a fairly successful lawyer in cali), and invested the rest with the help of a money manager.
i personally bought btc back in 2017 graduating from hs, if i held that i'd have made 100k+ with 1k
this is why i put both my houses on shitcoins. can't go wrong with that. and if i lose everything, that is the bank's problem for not even accepting crypto to begin with.
trust me. you don’t make “millions” starting with “several thousand”.
started with 3k only at 3.8k
in 2016 and 2017 i turned hundreds into tens of thousands. held through the bear and and bought more. now i have hundreds of thousands. if the trend continues, i’ll have millions by 2024 even though i started with hundreds in 2016. gotta keep at it, have a long time frame, and have patience with some luck :)
money makes money only trump keeps losing it sorry trump supporter only a joke
wait... are you telling me that putting down a higher wager may directly correlate with higher potential earnings? ** wooooooooooooooooow!!!!!!!** where did you gain this ineffable knowledge?
not true at all, , do not expect to get big returns if you play with large caps only.
honestly though it just takes one and you can snowball it. for me, that one was (fantom). i bought ,000, so i've taken profits from that and put it into other low market cap coins and the cycle has repeat itself.
careful you might actually convince people not to get crypto
true, even if you have 5k invested and hit 10x, it’s not really life changing. it’s a good boost but it’s not going to change your social class.
which crypto can i put several thousand in and make millions?
i totally thisagree, you have to start somewhere. i put , reached . sure there is plenty of ppl who could have started with , but so what? as far as i'm concerned that is where i'm at now, if i just folded my arms and said "i do not have enough" i'd still have "wouldn't have enough". the beauty of crypto is that you can start anywhere, if you do not have the capital to make insane gains, you can get there using crypto. little amounts add up, defeatist mindsets do not.
the folks you speak of were possibly stacking their sats and cryptos during the recent bear market when eth was -300, ada at .05, polka dot was -10k. so ask yourself this, what are you going to do in the next bear market?
i invested 100 in 2013… still in it, now. maybe my thousands will turn into millions…
bitcoin is a scam.
yes it’s hard to make much off of -10k in the right assets in crypto
i mean fry from futurama made 4.3 billion dollars with 93 cents. (episode: fishful of dollars) may look into the beauty of compounding interest and see if you pull off something from effective trading from just .
you can start with a few hundred and grind like shit and still make it. its possible, just not easy.
that’s why staking is fun. i can grow my nest egg and also enjoy the benefit of the price increases down stream
all it takes is a couple proper decisions. can start with 100. i played around on robinhood and watched the earnings report forecasts and 25 turned into 80 then to 200. a month later 1k. i took 1000 a few days ago and 3x in a half hour. traded shiba on the downtick for nucypher as it went from .63 to 2.80. if you know what you're doing and can demonstrate patience and self control, you can grind fast.
reminds me of denholm's speech in it crowd... "when i started this company i had two things: a dream, and 6 million pounds" 😂
what if i’m starting with 100 blemflarcks or schmeckles?
you get what you put in. if you only have a few hundred to invest, you need to make sure you are taking profits and reinvesting that. while rare, it is possible to be a millionaire. if you invested a 1000 dollars in shiba this past january, you’d have over 30 million dollars. but what you need to understand is, shitcoins are just that. they are pump and dump. you need to be smart, and take profits. also, if you are investing in something because it’s the talk of the internet, you’re already too late. trick, and this is what people fail to realize is getting in before that green dildo. and getting out before that big old red one
this is 99.9% true, but there are a few exceptions. crypto is still an emerging asset class, so if you treat it like a normal investment, you can make insane gains on relatively small amounts of money. i started off with -trading the more established coins. at the end of april, i heard about the binance smart chain and got really into it. i learned code and built a program that scans the blockchain for newly released tokens and filters them for traits and different source code. i got got scammed so many times, but because i was able to be the first one to invest in any new token, my gains far outweighed my losses. right now i'm sitting on ,000 and it is only been 5 months or so. so it is definitely possible, but you have to be really proactive and really really lucky.
if i held the coins i bought in 2018. it eats at me everyday
try buying what you can afford, 20 dollars a week, 10 dollars a week. whatever, do that for 10 years. this is what is required to be a successful investor. also choosing solid projects, not meme coins
you gonna cry about it?
i will give you several thousand and if you can turn it into millions with crypto we can split it 50
false - it can be done. not w, tho lol
there was a mailman who bought .7k worth of shiba and now is worth . this is an extreme outlier, but you can indeed become very rich with small amounts of money.
you could be a smaller starter with limited budget and an aggressive plan. if i had cashed out and bought gpus every time i had earned enough in my mining wallet, i would have a much larger rig and be making a lot more per month but i was just hodling. same with crypto, sell the highs and buy as it dips as the bots do; you can get there just have to keep emotions out and stick to a plan.
well, yeah, that’s just kinda how math works. idk what to tell you bro.
i started investing in crypto at the beginning of july with a nontrivial, but not astronomical, amount, then dcaing weekly. i’ve made over ,500 in roughly 3.5 months just from hodling, and i fully expect to be a millionaire within two years, if not sooner, from my crypto alone. it’s a nice feeling. i think it’s possible to start with , but it’ll take a lot longer and you have to be patient.
and water is wet? i’m sorry, were people thinking ?
the inequality in today’s world is ridiculous, and many of the most entitled people will never realize how lucky they are. however, the fact others started off with more than you is no reason to not invest in improving your own future.
btc went x20 since the 2020 dip. so with 500 invested you would already be at 10000 currently. and thats still without considering leverage...
feelsbadman, you really need money to make money
i agree, world is based on percentage increase, not absolute same goes with salary, if everyone get 5% increase, you may get 100...
when i get an award i will give it to u.
so true. really needed this.
you're absolutely wrong!!! all i've ever taken from fiat to crypto is ,465 and i've turned it into well over ,200 a day passive income. i've been in crypto just under 2.5 years and was retired (at age 40) within 1 year of starting. i did not hit some 100x moon. i just compounded for almost 2 years before taking a penny profit. that's the power of auto compounding interest. 8th wonder of the world. learn about crypos.io and shared masternodes. all decenomy coins are good. i get paid to teach people. there is a free lesson. you do the rest of the work. goodluck
i started with like 4 eth at .2eth at my worst and now i’m mid 6 figs anything can happen man, don’t thiscourage people and tell them they can’t make it without starting out with a lot of money. >!or keep seething safemoon bagholder!<
need skin in the game - i turned 4 digits .
are you telling me people deliberately put false?!?!
i dont really think that should be the sentiment. i started out when i had nearly nothing but i now have enough to live a good life. farming and generating passive income from crypto platforms was my daily drill. patience is the key here. renting out bots from upbots to generate passive income was also a defining moment in my journey.
i got in late to btc, in 2017 , but managed to turn a deaf ear to ada fud and basically started buying like a crazed gambling addict for four years . between holding on to both despite the crashes and ada moving forward like a turtle on xanax, and it paid off. however, my biggest one time payout ( i have never sold one btc or ada , ever, they sit making me interest and i borrow against it , if i want to ) was from a shitcoin i bought in at at .0000000001. it was a huge risk , but that was quite an adrenaline rush when i cashed out. even on that, i had to put in 1500, not like...10. my total investment amount in dollars , according to my records and coin gecko, was thousands of dollars over the course of 4 1. so yea it takes some money to make money.
you've absolutely made a lethal point ... the crypto market is not being as the people are considering... it's quite highly volatile market ... and one should have a proper knowledge to get into the crypto...
maybe a few hundred from a few hundred in a few hours on shib...this was pure luck though.
well if you invested ... fact
regardless of what people tell you- its a gamble. getting in early on a coin that does 100x is pure luck. i bought less than 100... i could walk away and keep that, but its not life changing and i still think the coins got a long way to go…. hopefully i’ll be one of those cheesey success story’s
wait this isn’t true tho…. i’ve started with little little picks … then as they’ve grown i’ve spread them out and i have seen significant gains…. i’m not a millionaire yet but i’m at the few thousand to spare starting line now.
the rich get richer
no, but you can start with . i started in 2020 with , made , invested in bitcoin. again invested , made , invested in eth and so on. you probably will not become a millionaire with such low investments, but it helps.
it is mostly true. which is why if you do not have or want to start with several thousand you need to dig into the early projects, learn about how crypto works, read over things in the communities and have a plan. plus a few hundreds will turn into the thousands you need unless you only go for bad coins. ufo is doubling people's money. babydoge is cheap as heck and will grow over time. ngl has room to grow an extra dollar. cro is going to keep growing pretty well into the future. you can make those millions with 1000usd. but it takes digging and adopting things early on. which means a lot of reading and studying.
play the game you love and farm some small love potions to sell them on uniswap. ohh sweet an uni drop!! let’s hold it for now. ohh there’s an axie token coming out 2 cents to buy it? what a bargain!!... let’s swap uni for axs. axs proceeds to go to 60$. -> this is how people get rich doing crypto.
not true. i had 150 bucks worth of shib in 2021. turned into 3 million. i sold early.
uh no. i worked 7 days a week for over a year to buy ethereum when it was low in 2018 and 2019. i also moved my ira into crypto during that time which was only a few thousand dollars. i’ve made some bad trades but i’ve still got well over ’ll break the . treat it as a savings account and buy those dips hard. then just wait.
just keep dca and be patient. nothing is impossible.
uh... i get what you mean, and yes, it is true. however do not be thiscouraged from trying! i started with £100 in a futures account, climbed to . turned all my profits so far into more coins and tokens. considering i was earning approx £899 a month so that is not chump change to me.
yep i have dumped everything i make from my side gigs into crypto. so it’s boom or bust for me anything less than 50 million is a let down in 10 years
yeah yeah yeah, i was upset when i hear that kids make more money than i make in 1 year of day by day working :( but ibstill have 700$
if you're not a dirt bag teenager you can have thousands. step one have a job. step 2 put 25, 50, 100 or what ever you can comfortably afford a week in. step 3, do not fuck around trading just keep up with step 2.
what do you suppose ? &p500 for 10 years is 50k. do you remember your 20's? would they have been *any* different with -? yes the game is rigged. all games are rigged. bitching about "game's rigged yo" thiscourages people from playing. *gets you into the game*. encourage people. it's a winning game.
i put . i made literally … imagine i had done that with ,000…
i hate these dumb posts. i invested 214k over almost 4 years. i am not rich. i am not born of money. i am a soldier. i made most of my money working in the fricking army and some by investing in stocks. im enlisted and i dont even have much rank. anyone can copy what i did and be more successful than i have been. of course you want to get rich investing 100 dollars and that is your problem. you are unrealistic af. if you want to get rich quick by investing a small amount then play the lottery. i am up to 2.7m and crypto is not even done. stop making excuses and invest. if you want to make serious money you have to risk serious money. cut smoking, cut soda, cut video games. plenty of space to cut your wasteful spending.
everything is possible in crypto.
wait, so you are telling me that my 100"safemoonshib" is not going to make me a lot of money?
this is why if you start crypto with a very small balance, then you are making a big mistake. i mean, let us say that you are a student and started investing crypto with 100 dollars. what?? i would argue that you should get a part time job and transform that 100 dollars into 1000 dollars first. it is much more satisying to go 20x from 1000 dollars as opposed to 100 dollars. you need to grow your seed asap because crypto (a.k.a. money making machine) is not gonna last forever. i would argue that the best days are already over so you should quickly act while this thing is lit.
don’t need a penny to shitpost on reddit though
you need to own 100,000,000 shiba . read the white paper.
if you had a 100 dollars in btc 10 years ago you would have a boatload today. its about time in the market.
dude if you cannot make a thousand bucks in this day and age you're doing something wrong, especially if you're in america. i cannot tell you how many job available signs i see everywhere. -30. companies are begging for workers. the whole market was down all summer. if you worked a warehouse job for . you could have made approx ,000 in 4 months this summer. i'm guessing a lot of people live with their parents still if they think thousands of dollars is a lot of money. you could have doubled 12,000 money since then if you only bought bitcoin leaving you with ,000. which will probably double-quadruple in the next few months. that's a solid start in investing.
this is why you need to work your ass off make as much as you can then put it into assets. work for it. earn it. multiply it. preserve it. simple.
if you buy the right meme coin at the right time and sell at the top you can make life changing wealth. it won’t cost you that much. i can get 4 million shiba for 100 but the pump has passed.you just have to be very lucky.
you sound salty and new to crypto.
i was uber driving in san francisco 80 hour weeks. making 2500 a week and living in my car to avoid expenses. dumped all my money into tesla options leaps in march of 2019, around . was a millionaire at 26 and a multimillionaire at 27. pull yourself up by your bootstraps and stop making excuses motherfuckers.
i started with 'll cross 2 million this year. my group of friends are all over 7 figures at this point and we all started with nothing virtually nothing between us. our experience is hardly anecdotal but if you convince yourself it is, you'll never do what it takes to break free from the negative mindset you have wrapped yourself up in. this is not easy work by any means. this is my full time job. i read, i research, i study everything, and i work my ass off on a daily basis looking for opportunities. they are out there. the work is spent determining what's a scam and what's a legitimate offering. [i'm up 900% since july, just in ftm alone.]( you're not wrong about "money making money" but you're flatly wrong that you cannot make it. don't convince yourself of failure because the reality is, you're wrong and your mindset will determine your outcome. the opportunities are out there. we're nearing the end of this cycle but before it is done, some millionaires will be minted on this thread.
investing is not a get rich quick scheme. it takes time. investing . there are other investment options out there besides crypto and i recommend those first learning about investing through crypto learn about those other options as well.
in april i started with no experience in crypto with just . with the next rally i expect to turn the 10k usd it turned to into 18-20k usd. you are wrong, smart investing is key. . dollar cost averaging and researching crypto before a rally helps to. i got into iotex at 0.020 when no one on youtube was talking about it or on reddit because i read about it and felt it had potential. it then reached ath at 0.14. i know a dogecoin multimillionaire who had , who invested bits and pieces of his money.
there should be a age limit on crypto.
i started with £2000, i’ve made £30,000 in the last 2 months. the project i’m invested in doesn’t launch until q4 2022 but is launching a lite version next week, a wallet and will include staking. it’s lite version could be compared to pancakeswap but it’s ambitions are much greater. its currently , who reached , i’ll be a millionaire 3 times over before the main product even launches next year. i recommend investing, it’s called tradestrike. don’t be bitter because you haven’t made your fortune. massive gains are fewer now but the market is still just burgeoning and there are plenty of opportunities to make big sums.
its not worrying, the gov despise decentralization and they will do anything to make ppl think crypto is evil
sorry that it took you so long to understand how the financial world works. but well, you won‘t have even crumbles of the cake if you don‘t invest at all, while the big players will always have the slices.
this is true for majority of people but alt and meme coins are make people 6 figures from only 500 dollar investments
most of us won’t be able to change our lives if we’re being honest here. theres a reason most of don’t have any money
welcome to capitalism kids.
the funny thing about crypto is, you can start with 100. after one year or two, your 100, that is what you have invested... 500. ofc there is risks, but you do not need to be rich to get richer. although i do not encourage people to invest into shitcoins, see the example of doge. 100.
i had nothing, i started to dca in about 12 months ago and now i’ve got that starting 10k
i started with £500 4 years ago and now do this full time. making excuses for starting capital in a percentage based game is crazy. 1-2-4-8-16-32-64-128-264-528-1056 exponential growth is so powerful if you set your plan around it.
start my new job tomorrow, been unemployed since june so can finally start investing in crypto properly again. recently just being putting in £15 here and there, before i lost my job in the summer i would be putting a fair bit of my wage down on crypto. this is the only way i can see myself buying a house or even just being able to rent without blowing 50% of my paycheck. i graduated uni this year but most grad jobs are either away from where i live or require x years of experience. i would rather make a 100k off of crypto and start my own business.
if we have hundreds, we can at least make thousands
sob you mean the rich are getting richer, well what do you know, hmmm...
same with all investments though - the more you are able to risk (above a comfortable standard of living), the higher your return and the higher its significance to you. the super-rich not only make more money, they risk less than ordinary people because they have funds above and beyond what is needed for a comfortable life.
passt, be quiet. still watching any cryptotubers how to become rich quick video
well, it depends, from october 2017 to today i did a 75x approximately, so starting with 'd have 37k. of course if you buy and hold bitcoin you're not gonna make that money but you can still do pretty well.
if you can double that 100 it will be 200 and if you can double that 200 it will be 400. 400 to 800, 800 to 1600, 1600 to 3200, etc. it will be a harder and thougher way and it’ll take more time but you don’t need to invest all your life savings to cash some money. dca or have a plan on when buy. do not use emotions when trading and hodl. time will reward you.
i though the saying "it takes money to make money" was pretty obvious.
everyone gotta start somewhere. still investing even 100. profits are profits. if you start early and will work hard you will become rich. every dollar matter. to have thousands $. most people unfortunately never even start, because they think investing small amount of money is a waste of time.
thank you for the math lesson.
fact but for those who don’t have much have to start from the little they hold
dude what the fuck is this rage i started mining in 2016 eth with 3 crappy cards, 150 i invested around 10k in the 2019,2020 by now i'm not billionaire far from that, but surely above couple millions i did not have any wealthy family nor high paying job from 2k to 3k a month. so stop your hate speech like me many ppl have made live changing returns crypto is the only asset that can make you rich quick quick i mean 4 years at most, whereas in traditional markets it take around 8 to 10 years of good investments, not simply in etf. returns are going to be everytime lower by now but just a bit more than a year ago we were at 3 to 4k and thats more than 20x returns, if you missed it not markets fault or personal situation. its only on you
yeah you cannot get rich overnight if you do not have invested a certain amount already, for me building a portfolio slowly, taking profits here and there and investing it is the way to go, this way even the ones who do not have much to begin with will get there too. or maybe i am just fooling myself who knows, only time will tell.
we need people saying this as a bit of reality check more often. it also helps to talk about investing what you can afford to newcomers and suggest dcaing'.
it’s not just that. “poorer” people that believed in it from the start when btc was like a few hundred a coin and gradually put as much as they could regularly each month aside could be millionaires as well. it’s about regular investing and not waiting for dips and crashes when it’s too late.
i started late, and the initial was just . now it has grown to thousands over time (not revealing the exact amount here), i was always patient, collecting from different free to earn programs and trading what i get from here and there... etc. it's a long adventurous run, but i like it... the only thing is, you need to be patient. hope this helps, do not get thiscouraged even if your initial is very little... and you are never late in crypto.
whilst this is fundamentally true, what is also fundamentally true is kinda the opposite. that is, to start accruing compounded wealth you do not need to already be rich. all you require is to get yourself into a situation where you can spare .00 after all expenses are paid out and the conviction to stack that .00 as high as possible. every cent stacked with be treated equal in terms of apy and the first dollar is just as important as the thousandth, or millionth. perhaps the first is actually worth the most.
people who do not already understand this are pretty stupid if you ask me. just like when media report how billionaires made billions during the pandemic. yes they made billions of dollars but as a %, they probably did just as good as the rest of us did in our portfolios during the pandemic. dollar cost averaging is always going to be the best way to grow wealth in crypto. setup bi-weekly buys on coins with long term potential and just forget about it. ride the highs and lows and average out your cost basis. if crypto succeeds long term, you will come out ahead. plain and simple.
we say it everyday, it takes money to make money
isn't that kind if the whole idea behind the alts? finding something that does a 10x and then using that money to make more money? getting one thing to hit big enough you have a stack that can make a bigger dent? small goals and gains into bigger ones. you have time, you make not have the funds, use it wisely.
oh... and p.s.: dca, lambos, and hodl...
rich getting richer. but still we poor also have a shot.
there is no free lunch!
media mongrels sell the rumor not the news.
the article you read annoyed the hell out of me. i had already knew from the headline their dad was playing a big role in it. lol
this is why we should compare not to others but to ourselves. invest what you can afford. when it grows ten percent look at how much you have grown compared to your own bank account a few months ago. focus on your gain, not on the size of others wallets. this makes sure you value even the modest gains that comes from the large cap coins and forget about chasing thay small cap gem. invest smart, compete to save agaisnt your own spending and as always, do not fomo
i have several thousands and im not a millionaire get either. you have to have several thousands and an immaculate financial education or rich bro network to be an insider or smart as fuck or lucky as fuck or won the parental lottery. im stupid, impatient, generally thislike humanity, my whole family is broke, and im always last to know. but i bought a free used car recently so thats a win
i know this that if i keep on investing small amounts in crypto, after some time i would have way more than i would have otherwise had.
true story the other day. hey babe, i just flipped some crypto and got 22% return. 😁😁 damn honey, that is really good. how much did you make? 😀🤔 .😁😁 ... really...🙄🙄 well i gotta start somewhere...😒😒
and it worked!... ...i've been investing into cryptos for just under 3 years, and it has not been until the start of this year (2021) that i've found peoples attention increase into cryptos, and every single time they tell me its cause they heard, fabricated "millionaire" stories and they think they can do the same. this was a fantastic post!! my man *denzel voice*
not entirely true but i get your point.
correction holding a top ten coin wont make you rich but shorting them over and over with futures a real trading system built into binance and multiple other exchanges well make you rich that being said futures isnt easy and isnt for everyone and requires real analytical research not just reading whitepapers while you poop in the morning… i started with under 5k less than a year ago my cousin got me into binance futures and now i have a portfolio consisting of two coins valued at over 120k in less than 1 year… even if you had ,000 and dropped it on ethereum right now, ethereum marketcap would have to double to 1 trillion dollars for you to have ,000, which is something id actually never do at this point i dont see why people are holding these coins that already have tens of billions and hundreds of billions of dollar market caps and have use cases that dont make sense to anyone but vitalik buterin, that being said i mainly hold bitcoin because its the only coin i dont see flopping at this point that and usdt because it’s literally a stable coin where i cant loose my profits over night idk that might just be me but it seems to make the most sense i joined crypto less than 1 year ago with zero knowledge of anything and quickly realized holding a top ten coin in hopes that 5-10 years later it changes the world and becomes the most used currency ever is the most hopium ive ever heard of or seen now bring on the hate, because i know how toxic this subreddit is and how much hate i get for using binance futures to make my money off cryptocurrencies, which i really dont understand why do people get mad at me for using binance futures rather than holding 20 altcoins from the top 100, at the end of the day i only got involved in crypto because i wanted a chance at becoming financial free and to be honest like most of you idk about the use case and only care for the money im not bashing on any top 100 projects im sire there are lots of good projects but im just saying for me i prefer to do real analytical research and short and long positions on different coins, it seems more profitable to me i will admit yes if you dump thousands into a brand new coin you could make millions quick but thats way to hard for me, i got sick of looking for that next big coin, i mean would of been nice to bought into sol but i wasnt looking into that, and instead devote my time to trying to take as much as i can out of the top 100 coins market caps
yes and no. mostly yes. should not stop you from trying. you'll learn how to do it and find your way to do it more economically for your situation. that 14 and 9 yo bro. which is very cool and a great exploration on their part. i started the same way. but...this sounds a lot like a kid's science class project where they built a volcano "with daddy's help." to get to , it took them 145 graphics cards at ,000 each, about 18-20 "mining rig" setups ("open-faced" pcs that run 6-8 graphics cards, motherboards, power supply units, etc.) to run miner software. they also need a huge amount of electricity, much much more than a typical home has. i have 2 pcs mining 24x7 for the last 8 months with 6 graphics cards total making about . you would not believe the amount of heat these 2 pcs generate. that heat needs to be managed as well. imagine the heat from 145 video cards which are being used by about 20 pcs?! this is not happening in their basement i do not care how big the house is. if their setup is not in a commercial colocation facility (aka big bucks), it is all in some type of warehouse or they built a mining shed on their property. the article i read said, "with a loan from their father..." and there it is! a conservative estimate of the amount of money needed for just the computing hardware is about . 145 gpus . making (hardware alone) is about 18 months. when i started mining, smart people mining got their roi in about 6 months. that was the gold standard. then with video card prices going up and up, it became 12 months. if you could not get your . don't be fooled. the only thing interesting about these kids is that they are doing it at such a young age, not that they are some child einsteins. their setup with daddy's money is really bad from a financial pov. if daddy has like , he is at least putting it to work generating money for their future college. good for them. the other thought in the crypto mining community is always "build vs. buy?" if daddy has ~, why not just buy the cryptocurrency outright and forget all this mining and maintenance activity and save yourself a ton of time and frustration? then, they kids learn to manage a mixed crypto portfolio. most likely, they would be better off. again, i question the decision making of this dad. this was more about getting noticed and in national and international news with, "look what my kids did..." than smart decisions.
i think of crypto maybe as someone who has chickens in their backyard. you can sell the eggs and make a lot of money at the farm stand or a fox can come and eat them all. no matter how smart you are or what your plan is there are events that we cannot control
>i am sorry to say but to make serious money in crypto, you need to have a lot of money invested and not just a … that is not true proof: me who started with exactly 100 in several phases of the crypto market (and cashed out each time)
but you also need to understand if he invested big amounts of money he may also loose a lot of money. key point is how people can tolerate risk
you can start with little and work your way up. i’ve been buying bitcoin for the last couple of years . i’m up to .31btc. going to keep on building it up .
but if you invest 200, you would be a millionaire today?
every dickhead in crypto including me wants to get rich over night. truth is-investing and wealth takes time…stick to it. stay focused and achieve your goal
but, but for us small folks even making a few hundreds is already a very nice gain which would otherwise be very difficulty especially on underdeveloped countries (and most of all on the most underdeverloped area of an underdeveloped country)
i was reading an article about how a guy made millions from alt coins and within the first few sentences i just knew the article was bullshit in some way. he claimed to of made , sure enough he slipped in that he started with .5m initial investment. full of shit.
this is not true necessarily. you can make a lot of money if you get in early enough with the right project. that requires a fuck load of "research" and luck though. trx was my entry into crypto and i saw my initial investment skyrocket by almost 20,000%. granted, that was back in mid 2017, and while i have not experienced returns quite like that since, i have realized some serious gains in a multitude of other projects such as eth, bat, vet, vtho as well as several others. exiting my trx position entirely allowed me to diversify my portfolio into more legitimate projects. it's funny to realize the fact that tron made this whole crypto thing possible for me, but i'm glad i learned a lot and moved on from that utter fucking shitcoin. regardless, it will forever hold a special place in my journey through the cryptoverse.
i'm surprised that anyone actually needs a reddit post to explain this to them? lol. maybe you're not giving people enough credit. i'm sure everyone knows this already lol. simple maths dictates that if you want to make a million, you need x100 gain on a ,000 investment.
yeah, i invested maybe £300 a month ago and i've made about £86 since. cool for some extra beer money but not exactly "retire-early" cash :d i imagine the gains are greater if you're investing thousands and thousands.
you can throw in that , icos, presales. if you're lucky enough (not like me), you can slowly multiply it from there so you can throw thousands on bigger mc coins - or just spend it on yield farming for low mc, high potential coins. i'd prefer the latter
not investors, but gamblers. there is no investing by coin holding, its pure gambling that a greater fool will buy. most miners i know laugh at gamblers, they mine shitcoins for sale and never hold.
people also brag a lot more about millions vs. even thousands. and making eno gh to buy a house in cash makes a much better article"local man earns enough in crypto to buy the name-brand cereal" even fewer post about how much they lost. we've all read about the 12 year old who made a few hundred grand in nfts. you do not read about the thousands of other 12 year olds who did not even cover their minting fees. it's survivorship bias. don't feel bad that you're not at this level and so you must be "bad at this.". you are very likely to be very much in the middle of the pack. you're doing just fine.
but if you start with a little money and are consistent in adding even just a little every time, you can grow how much you’ve invested. i got into crypto in 2018, just after the bitcoin crash -‘d started buying more seriously in 2019 with money from my grocery which is about 50$. i bought some bitcoin, more ethereum, lite coin, and zcash. i made some considerable profit from these and ive sold some to get into others like polkadot when it was around 8$.
that's why btc etf. to thistract from stagflation.
those chasing the 100x gains are bound to fail (unless you get really lucky), but investing in a coin and making 100-500% gains is great (much more than investing in stocks and leaving money in the bank). the key to realistic wealth from crypto is a slow steady plod. when you make gains, take the profits. reinvest back in on the major dips or bear market, and make gains on the gains. slowly and steadily you'll achieve your goal. patience is the key. chase instant gratification in crypto and you'll get rekt.
buy top 500 coins, you will get rich too
typical excuses use by the poor. they took a big risk investing on crypto. questions you should ask yourself, why they have several thousands to start with and you do not? stop wining!
on the other hand, if you only have 100, making it 300-1000.
exacly, you need to have invested alot to get alot, the media only shows the results and never what it took to get that. they say ”millions of new millionaires were created by crypto” but they dont say that thoose people invested atleast 50k - 100k to get thoose millions
dollar cost average is your best friend if you're poor. buying . especially if you do it for a couple years consistently
money comes to money. especially in crypto, if you have house money to throw around you cannot lose...
bullshit. i got 1 btc from just dca'ing and occasional extra purchases from work bonuses or gifts after it crashed in 2018.
i get this. i could only afford £200, i'm up to just short of £1000. if only i had £2k to invest
i did not nor have thousands to invest i try to invest what i can every once in a while but it has amounted to something that makes me happy💰💹👑
it’s done on purpose. to make ppl feel like they are doing something wrong and keep the bootstraps bs alive. the news is the same catfish as social media like instagram.
erm not quite exactly true… i have a friend that invested into bitcoin in 2011 bought £250 pound worth sold 20% of his bag last year still holds the rest it’s safe to say he’s a millionaire of £250 investment.
but we are all here for the tech, right???
yup i turn . i’m a genius
exactly this. it takes thousands of dollars to start making real money. i do not wanna be cool and turn , i'm trying to make life changing money. so i put in the hard work and make sacrifices. my bags are heavy now but its come at its cost. my clothes got holes and all thus shit. lucky i work from home and it is a pandemic so i do not give a fuck. no pain no gain put in the work and hodl, and you'll be rewarded. make the sacrifices and budget changes you need to make, so that can happen.
who plays a lot wins a lot :)
if you sell your house for 334k dollars and put it into btc at the start of the year, you would have a million dollars by now.
this is actually the case for most you tubers and instagramers who try to “coach” and “inspire” people.
i do believe this is basic math, percentages is is not a mystery.
thats not true... i did not invest in cryptos that much but i got some by earning some good passive income . i did some yield farming in poptown platform and got some cool ocean coins. repeating that process gets you cool money.
that's true. but going through cycles, you can manage to start with small and make it big enough to invest big later etc. luck, patience, being smart is the key.
just throw a couple grand in everything. easy
this isnt true, if you get in early you can make a ton of money on crypto.
wait, we need money to make money now?
well duh! anyone who thinks they are going to make 12 million dollars investing 75 dollars is someone who has such a small understanding of numbers they shouldn’t be investing. plus just because you can’t make millions with hundreds does that mean you shouldn’t try? take the hundreds you have and work on turning that into a thousands. then years down the road those thousands may be 10s or 100s thousands.
not universally true! i come from money and still manage to stay in the reds.
i started with 200 bucks 2016 and kept going to buy 100 every month since then... wtf are you talking about? i got more gains then i could ever imagine. don't listen to such fools and keep stacking sats brothers!
bro, i agree, but once i went all in with 150.5k, as it happened to enter right before a huge bump. it was when a dude bought 2m ftm, i entered seconds before his order. lucky mf i agree.
true but there where also a lot of them which were early in the game and others who started with nothing and made all by themself. focus on getting good education and learn how to find good investments in early stages. there will be more bitcoins in the future! spend only money you need and invest in your future. you can do it 👍
that's like any kind if investment not going make a million off hundred dollars but you can buy hundred dollars worth a week or month it will add up.
turned 3k into 100k holding through 2017 till now. now i have the opportunity to go shopping for my favorite alt coin bags rn which will hopefully all will 100x lol
you can also add patience, its easier to make a million in 5 years than 1 year.
i'm trying to turn literally dozens of dollars into hundreds. its all about scale. my moon is a wheel of nice cheese.
it takes money to make money. scared money don’t make money
i do not care about the numbers on internet. everyone has their own goals. even small profit is a profit. it has value.
if i invested 200'd have over a million, it takes time and gamblers who bet on crypto and expect to be millionaires in just a couple years or less are delusional.
you could always 100x leverage and go hard in the paint. i think that works out positively for everyone who’s ever tried it. source: science
or they invested millions...
* laughs in *
but i only want to make 100
this is only one part of the story. you also need a superb income to have "diamond" hands and give a fuck about 80% temporary loss.
of course the media doesn’t. the best way to prevent the poor from stopping the game is to convince them it’s their fault they are poor. not because every is set up so they are constantly being preyed upon
you're either really early or have a lot of money to begin with
it’s not just for crypto, it’s general in investment. to make good money you need good money (heck even very good money) to begin with. this is a delicious result of too damn much capitalism
so you want to tell me my 50???? :o
this reads like a linkedin post
my saying always has been you have to have money to make money . the rich get richer and the poor get poorer.
ws and the gov rely on the fact that they dont teach financials in school.
i started little in crypto and compounded... i achieved a lot and i didn’t invest in anything with a billion or more in coin supply.
it's just not as sensational if they tell these details. same goes for the stories like "this company started in the garage of...", somehow 'forgetting' to mention that the garage was fixed to a mansion of their filthy rich parents for example. of course, if you turn that 100 into a few thousand, then you might be at the same starting point as those investors who start with thousands. getting to a million takes longer, if you make it at all. only one thing has to go right for the guys starting with thousands, while you need a lot more things to go right when you start with 100. also, if you only have a 100, then you may already take your money out at 10.000 because for you that would already be a lot of money. while people who can afford to invest a few thousand may hold to a million since lower would not be good enough.
invest in ctx and tcap
it's not the medias responsibility to tell you anything. if you do not realize you need more than
unless you’re like me and use a 0% interest loan 😃 the risks are real yolooooo
obviously i'm naive to the bigger picture, but i see promotion of coins and their amazing utility and blah blah blah. i get that i do not understand it. but i still do not see a real world value to it other than so-called crypto experts telling you how to buy, trade and sell. i get that staking is how to make money on your stockpile, but you definitely need a large investment now unless you got in years ago. these stupid shib ads annoy me the most. why the hell would i have any interest in buying a shitcoin while it is at its all time highest?
realistically you should expect 2-5x returns when you have the patience to hold for like a year. 1000x'ing, yeah sorry the chances are antman level tiny
yeah. the secret to my amazing success is that i bought some bitcoin on a whim when it was , and then forgot about the wallet for 10 years. i believe some people are doing some clever trading, but like most investing, time is the biggest factor in small-investor profit.
i've been putting money in every couple of months whenever i had some to spare over the last 6 years or so. sometimes it is , sometimes it is ,000. it adds up and then you get the rallies and boom. think of it as a long term savings account
thats true but also lot of those people were able to make huge profits because they got in early. for eg., if you had bought 20 btc for .
for real. my one friend got super lucky because his wife was buying him bitcoin as kind of a joke about 10 years ago. they started making huge bank in their jobs and he just started throwing money at a lot of different coins. 5k here... 10k there. didn't matter to him, and his returns are huge compared to what us normal plebs get. it does not matter to him if he loses 5k, but it does if i do.
plenty of people have done really well with very small investments
na your wrong if you get in early enough you can make bank with little invested
i’m here for the comments 🍿
i agree with you 100% however a crypto investment of 100 dollars could make you a lot of money because we are so early. millionaire status? maybe not but definitely a nice chunk of change. but what are we talking about? years? that’s the beauty of crypto right now it’s so early almost everyone has a shot. the people with more money are always going to do better than the ones with nothing. i’m at the point that if i made anything from 10 k to 100k i’d be pretty happy. obviously more is better. a lot of those people are investing that much money.
the old money makes money.
they're probably starting with 10s or 100s of thousands, if they are becoming millionaires. * bitcoin was at ,000 a year ago. it's now at ,000. you would have had to invested ,000 in bitcoin a year ago to be a millionaire by now. * ethereum was , it is now at ,870. better, but you'd still have had to invest almost ,000 in ethereum to be a millionaire by now. not just had that money, but invested it, and been able to risk it so you could ride out the ups and downs. now - if you've got years, you can make it work. i gave friends , they now have (it went down to like ), and it is basically zero risk (losing it all wouldn't be a big deal). i hope in time they will be able to turn that into enough to invest further. they would not suddenly become overnight millionaires, but one day i hope it is significant, and more critically if they lose the keys (that is happened before) it is not the end of the world.
this is true. unless you luck out on an alt
assuming that you live in a western country, and you take crypto very serious, yet do not menage to save several thousands, you are either lazy or you buy things you do not need, in both cases not the best material for a self made millionaire and you do not deserve it. it is correct though, in order to become a crypto-millionaire you need something like 10-50k investment and a 100-20x coin over the years. if you are from a poor country, ok, maybe 500, but even in that case, if you make 100x over the years from it, it is still a good pile of money you probably wouldn't get somewhere else. ps. mainstream media are absolutely garbage. it is not the place to form own world views, about any topic. if you invest based on what they say, it is just bad. social media -selling -how to get rich - courses - fake millionaires are even worse.
now i realize why i am not on the millionaire list as i invested in thousands
bag size really does\`nt matter! as long as you are in plus, you are good! i\`m in plus with about 45% and i\`m happy with that, how much money i\`ve made is not so important... make sure to take the profit, and hope the prices does\`nt keep climbing ![gif](emotesnoomoji_packcheeky)
the fact is, while few makes a ton of money there are thousands who will lose money.
i am certainly not a crypto millionaire, but i have earned a respectable 421% gain. still holding.
to be fair… you can take your hundreds and turn them into thousands, then make your millions.
and this is why i practically dumped most of my net worth into crypto, to level the playing field. it has worked well so far - my friend was way ahead of me in crypto and now i'm fast catching up to him.
a sad truth is also that the one investing small amounts will more likely pick riskier options since a 5x does not do much for their life situation. and therefore is more likely to end up with 0.
owwhhh...so that’s why i’m not a millionaire yet...
uhhh yeah that is how investing works op
money makes money, and one of the easier way for retail to be successful is to dca into quality crypto. time in market is also better than timing the market.
being broke is a state of your wallet. being poor is a state of your mind.
wait. so the usb powered mining equipment i just bought my kid ain’t payin for college?
ain't that the truth... if you stake 1m into ether on coinbase you get 45,000 a year... that's more then some people make a year
don't fomo in during the pump, there will be a pullback you have to be patient
agree to a certain extent. people did start with very little money, and were able to trade their way up, especially if they started earlier in crypto. now that the crypto market has matured and huge companies are hopping on the bandwagon, yes, having start up money is going to make a huge difference. godspeed to all.
that’s why i stoped using banks put all my savings into btc and i’ve been grinding my ass off stacking sats ...
anyone in crypto for a short term chance to become a millionaire are the one who always get crapped on. their problem not mine.
how is this thread being upvoted so much? it's a crock of shit.
this is silly logic imo. no different turning thousands into millions as it is hundreds into thousands. at least when it comes to crypto gains
well, yes and no. if you would have invested, 100 usd in shiba inu begin of the year, and sold it in one of those 2 spikes we had, you would have between 10 millions usd and 40 million usd now ... it went from 0.00000000007, to 0.000028. that's several millions of % in gains ... :) so yes, to become a millionaire, it is easier to invest half a million in it. a x2 makes you instantly a millionaire. but with luck, you can hit the jackpot. finding coins that go x10 x20 in bullruns, is not impossible. if you are lucky, and do that twice in row ... you can potentially get 100 pretty fast to hundreds of thousands, ... then invest that in stronger things like bitcoin or ethereum ... and in 5-10 years, you re rich. the thing is, the longer you wait, to harder or slower it becomes. eventually, after crypto market will reach a certain peak, it will become something similar to the stock market, volatility wise.
isn't this obvious? if you do not understand simple math you have no business investing. now, if we hit another crypto winter, all bets are off for 2x, 5x, 10x for the following bull cycle.
hold my shitcoin with 9899330x gains in an year!
i have never invested 1000s. i have invested . it takes consistency and thiscipline, not luck.
tbh my initial goal was to add another '0' or two to my net worth. still sticking with it. i want this to happen each cycle.
its almost like the media doesn’t care about reporting the truth. hmmmmm…
the rich stay rich and the poor stay poor. if you make just a 10% gain on a £100'000 investment that is £10'000 profit if you make a 10% gain on a £1000 investment you make £100 profit... big fucking woop.
so when will my .156 eth make me a millionaire then???? should i wait on my lambo order? this sucks!!
i i’ve been dca since 2017 and this is the most money i’ve saved and have i’m ready for this.
there goes our dreams boys
you can make quite a bit of money if you continue buying during bear markets. yea it’s true if you have a lot to invest you can make a killing in crypto. but if you don’t have a lot to invest then learning to ignore the fomo and buying at the right time is your best bet. 2018-2020 was a great period for small dcas to pay off big right now. you just have to shift your time frame a little bit if you don’t have a mountain of cash available to dump into a coin.
i'm starting a structural dca plan. removing unnecessary spending to apply to crypto
this is a concept that passes over the head of too many people. if you can buy a large amount of cryptos it is beacuse you already have money. also, someone who is poor cannot afford losing all their money trying cryptos
i went into this realizing that i'll have to persist through multiple cycles to ever generate enough capital from crypto to then make serious wealth from it later. alt season is my friend.
ok but if you can invest , you're still going to be able to gain. 5-20% apy on pretty low risk cryptos is significant. also everyone seems to have this idea like you have to get rich in this bull run... why is not anyone thinking long term? if you invested **10 years** you could probably just retire.
i started mining in may, on my 3070 gaming machine (just a stock dell xps desktop). i now have 1257 in btc and alt coins. all mined, no cash injection. at this rate my gaming machine will easily pay for itself in one year of ownership... i would not be a crypto millionaire, but i'm having fun trading alts to btc and back.
my hopes were once to make millions. after dabbling in crypto (mostly putting seed money here and there. not so much trading) my hopes are now to achieve 10s if thousands i can then hop on the next investment trend when the time comes.
i have several thousand, but when millionaire?
bear market = rich bull run = make money
dollar cost averaging is the best way to earn!
oh, you did not put your stimulus into crypto?
i started trading with 1,200 dollars. no matter how small, it is doable. but, money makes money and that is why every smart trader follows the money.
i think the takeaway is to have reasonable expectations based on the amount you put?
i know that this is not the only way. the other is to get in very early in the process. if you buy crypto when it just launches, you can make anywhere from thousands to millions if it performs in the markets, because you will have trillions of it and even a slight price increase will translate to impressive profits.
yeah but how are you going to be able to sell the american dream and the dangling carrot of capitalism otherwise?
if you’re smart about your trades, you can absolutely make millions in crypto without investing six figures, but it takes time and people are too impatient. even at a modest (for crypto) 250% gain a year turns . it takes money to make money but in this sphere it doesn’t take much to make a lot as long as you’re patient.
but then it takes much more mental strength to continue dcaing sizeable money into crypto than say spy
i regularly make 50%+ gains in btc i always think to myself... man, if i only had a million to invest (which i 100% would), i'd have 500 grand extra sitting around after cashing out. instead i get a few hundred bucks.
why make trillions when we can make... billions…
dude this is bs. you can 10x in 2 months if you thisappear and dive into crypto 100%
whether it’s £100 or £100,000, you’re making moves and compound interest works. just might take you a little longer…
you are correct but just know if your not one of those people and you make it as a average joe. your a true crypto millionaire story. not some spoon fed ungrateful little shit that just always asked mommy and daddy for money. money does create money but it also creates douche bags, just remember to stay humble.
it’s actually not that hard relative to any other way. you just have to pick the right coins and cash out at right time and then reinvest those profits into other coins that 10x, wash rinse repeat. the hard part is picking the right coins. easier said than done for that though,
so what is smart to do when you have like 500 to use? personally i think daytrading is an option for people with smaller budgets for crypto, try to reach 1k then 2k make some goals.
i see this as more of a hedge against inflation and chance to actually grow my little bit of savings. i'll gladly take turning my few hundreds into a couple thousands over the next few years and from there mabye something actually substantial one day. no illusions of a quick windfall and magic lambos here.
no, this is false. you sound like a jealous baby.
i am wealthy after finding a misplaced wallet that had about . it does not take much money
yep, there are folks throwing down , but they are also risking . but go ask mark cuban about his titan investment.
the best way to make money in crypto is to save up a few thousands and then investing. you’ll make 2. and then it’s just coumpounding. obviously only works for western countries unfortunately . it’s much harder for other counties but then the cost of living is much less
why would they be thiscouraged by someone else’s gains? also not to promote or support shib, but that’s one example of a lucky hail mary for some investors > if you had bought ,000 worth of shiba inu on aug. 1, that investment would be worth well over ,000 today, thanks to shib’s 305% gain. if you were one of the even luckier few who invested in shib right at the beginning of the altcoin class’ initial surge in march, your ,000 investment would be worth over .1 million.
this is true for all types of investment and speculations tho. it your capital is big enough you make fortunes of every good desicion.
that is why our strategy has to be to hodl for years !
gotta have money to make money. sad truth of life
well depends if you bought in 2009, in which case
it's just like karma...the more money you put the more percentage of it you get as it goes up. small money get you small money likewise much money get you much than expected money.
i am still new to crypto and learning as much as i can. currently buying (at least things i believe in) in my mind the ups and downs on the short term don’t matter so much. everything i’m currently in i am holding long term. pray for me
mainstream media always does. people are not quite ready to hear the underlying truth. the majority wants superficial „black & white“ media. the more polarizing the better it is for massive views . best example: in austria, is because of evil capitalism. lmao
given that crypto is just a new market for most people to be poor in, why is crypto a good idea for society?
i've noticed most of these people making this money gotmin on a good crypto when it was less than a penny and spent at least 5k to buy billions of tokens the waiting for that to go up
. i will crawl, and drag my way to a better life with nails and teeth. my family will live happy, while i scrounge for fractions of decimals to make our home. i'm on my way. are you?
very, very true. people making millions already had millions.
but i do not want 1 million i want 100k will my 6k get me there?
buying . you do not have to do it all at once. edit: typo
well some people only have . i really believe others understand this. i'm less than a year in crypto and i never once believed i can make . a ton of people did when they got in (0.000002) early etc. the only thing that worries me are scammers on youtube ,ig and other places. they get newbies way faster.
haha so happy you brought up those kids mining crypto. i had the exact same thoughts when i finished reading the article, the title was felt so misleading once i got to the end. their father literally took out a loan to help them kickstart their business. nonetheless, they are definitely some smart kids and it is cool that they are in a position to take initiative on such a great idea.
while it is true for most part, this does not account for those with horse shoes up their butt that invested in a coin very early and that coin exploded. i mean the math says if you invested , you would be a millionaire today, granted the odds are you would have sold long before this point but that is a different thiscussion.
i don’t agree with this statement. there are a lot of early projects where the values are low. crypto is in its early days. if you invest across a few that you believe in and they achieve their potential then you can instantly become a millionaire off a couple thousand invested. it’s all about getting in early. so if you’re looking to make millions off ethereum, bitcoin or cardano on . but projects like one, ach, vechain and many more are under . i could be wrong but these are the investments you make and then hope they pan out. i do own ethereum as well as my “low risk” investment but i definitely spread out extra cash on new projects that i believe in.
this is absolutely wrong; all you need is a time machine to go back in time to 2012 and
but that’s how crypto gets you. your 100 becomes 200. then 200 becomes 400. then 400 becomes your 800. then one day your 800 becomes 25. they keep saying bitcoin coming to 200k for it make any sense to most of us if you invest a large amount. but there does that money come from ? credit baby. credit
you have to have ! 100x can take years!
*laughs in 100x leverage*
your right when you said, money makes money,,
thanks for reminding my fomo-prone ass! i've literally just started 2 weeks ago and i'm dca-ing so this reminder helps a lot since i tend to be forgetful of how long crypto is present in the investment world already.
ok lemme check my pockets again!
zuckerberg went to a private hs costing thousand per year. his dad hired a private tutor who was a professional coder to teach him coding. at the end of hs. zuckerberg was given the choice by his father to either go to hardvard or his dad would buy a mcdonald franchise for him to run (worth about ). money makes money in a lot of way and provides for someone a lot of opportunities normal people don’t have. most “pulled himself up threw hard work stories” leave out these details.
this is the type of stupid logic that will never build wealth. you do not need millions to build wealth in crypto.
so, you are telling me that i cannot be a millionare with my 10? that's sad obs: just a joke, i have 30$
if people get handed 100k-300k and they decide to invest and not buy a car or go partying they deserve the gains, stop making excuses for yourselves, since we don’t have money we don’t get the easy road of course but it’s still doable and more rewarding so stop whining and invest as much as you can
that's irrefutable. but i went from 2 digits to 3 digits and from 3 to 4 much quicker because of crypto. the chance was there, i just needed patience and a good strategy which i applied and succeeded. i'm on the road to 5 digits and beyond! and i wish all of you good luck especially those 3rd world country fellas that 20 dollars a day makes an enormous difference. and before anyone tells me it took years, it was around 3-5 months between each.
yup, and in some cases they bought on margin at the right time. so far, my crypto investments have out earned the market substantially, but i'm not going to be a millionaire anytime soon. i used the last stimulus check as seed money, though, so i did get a boost.
i had . in the past 3 months, i've seen my total worth between the 3 drop 20% to . if that trend continues, in one year i may hit . i do not own 1 whole coin in any of the 3 because minimally i'd need 'm seeing fractions of the dollar value. like the standard stock market or even a casino, you are not going to see really insane growth unless you're either really lucky or invest a lot.
it does not matter wether you start out with , sure the second guy might have way more gains than the first guy. but deciding not to invest because others make way more is just stupid. you do not invest for someone else buy yourself and your family.
what's to worry about when those guys make it? seems you love meme coins and advocate those. wouldn't that be more damage to new people who do not know much about crypto than them seeing millionaires in the media?? also millionaires i see making millions are the founders and known experts in the business. i rarely see some jo blow being interviewed (with the acception of the doge millionaire who then put all his money in cardano).
no...no fucking shit? what kind of garbage post is this?
exactly this, as you said "money makes money"
everyone should get their kids into mining, it’s a tax haven.
only a true pro like myself can turn dm me for a bitcoin address and send your payment for my ultimate tips-to
to become a millionaire, first start with a billion. 🤣
idk man, revival defi has been treating me good! 11% bnb dividends lets me reinvest or diversify, and the divvies come in heavy, go check it out ;)
this is why i always thiscuss gains in percentages. if person a started with 2000 and ended up with 2500, they saw got a 25% gain. if person b started with , that is a 300% gain. sure, person a make more money, but person b had the better gains. when you're starting small in crypto, look at the percentages! that is where you'll see how well you're truly doing. it's also harder to get thiscouraged by , , or .
it's a mathematical fact. the more capital you have to start with, the more you'll have by making the right investments. you can have great success no matter what, but it will take longer to reach 6 figures if you are a common person. these crypto millionaires never emphasize this, because it does not serve their purpose.
you gotta start somewhere. if all you have is . then you work on turning it into . then , then , , etc. ten years ago my net worth was negative i-dont-wanna -think-about-it. now it is... much higher i'll just say. week by week, plugging away. you cannot think of crypto or anything else as a get rich quick win the lottery thing. that's not investing.
you literally could have bought . don’t be a hater.
people make millions because they invest well and have patience. this could mean a number of things.
you're right but, it only takes a good shit coin moonshot to turn 50 into 5k, rinse and repeat
. so if both make a 3x they will feel the same way.
defi allowed me to bring myself up financially. it all started w a collateral loan. if you learn the markets, research to get the edge… i’ve never had this much money under my name in my life before.
i've only heard poor family members say it takes money to make money. always as a reason to not try. 10x on . that said the promoters flaunting millions are almost universally looking for retail followers to dump on. i've had more luck earning (software dev) crypto than trading crypto. the takes money to make money trope needs to die
little and often is still worth it over months, it’s crazy how quick it adds up when you simply never withdraw and with the odd order of magnitude increase every few years. but srsly crypto is gonna be responsible for a massive generation of people who have been investing from a super early age relative to the past, and i’m sure many of those are going to carry forward those habits right through their working lives and probably be much better off for it
i started with about . i now have . my portfolio dumped when covid started but i seen opportunity from my experience trading a small account. if you don’t have a lot to invest try to learn the markets; do not come in with the dream of making millions from . slowly invest more money. you’ll developer great money management skills.
it's the other way around
not true. this is by far the stupidest investment analysis i’ve read. you sound like an insipid, whiny, hater. i am sure you know the real answer as to why you don’t have what current crypto investors do. nothing to do with all the junk you made up. you are just lazy. easy fix: keep investing.
me with my 1
exactly this. it always takes money to make it. same as with the stock market. it takes time , money, patience, courage, and fearlessness. that said 20 years ago i started with . there is no get rich quick for 95% of us. use what you can lose. keep your rent.
i read that story of the two kids, and yes, their father took out a loan to buy the equipment... and they wouldn't say how much the total investment was. money makes money, for sure. that is why it is called investment. a game of risk vs reward. and it can all go south too, fast. i recently chatted with a friend who day trades... he trades whole bitcoin and whole eth as well as regular stock market assets. in a conversation a while back he told me he only deals in eth and btc because 'shitcoins' are too much risk. but in our recent talk, i mentioned going heavy (for me) in a memecoin hail mary, and he admitted he too jumped on to the tune of 1billion coin at .000008, and then dumped at .0000295 for an easy \~. he makes it look too easy sometimes. i know it is not, it is all a risk. but he says if you do not get greedy, only play with what you can afford to lose, and execute trades based on knowing you'll never buy at the bottom or sell at the top, you'll generally come out on top. as for me... i am still hodling my bag of shitcoin... i am was at .0000082 (could have been closer to .000007 if i was paying attention) and in for the long haul. time will tell.
reminder that crypto is a zero sum game.
for some people to be reach it has to be millions,for some-just 20-50 grand is ok,some people are willing to have just a 100 extra for some saturday party.but we all here to win some
then how do you explain my million dollar worth of shit coin becoming worth few thousand bucks huhh
unless you find that magic shitcoin and hit the seed round hard
this is not different from the stock market, real estate, etc. "it takes money to make money" has nothing specific to crypto. people low on available funds should read [the wealthy barber](
bitcoin was once a .
i started with 2k my friend put in 20k and we both are the same % in growth but his numbers are way bigger then mine.
slow and steady wins derace.
yes but i still aspire to be one of them too!
not only that, but they also put thousands in when everyone else was too afraid to. high risk those who put ’d to now are seeing their gamble pay off big. but then i’m sure you’d have encountered so much more fud about “shitcoin eth”
you should not aim to become a millionaire. aim to earn more than by having them in your bank.
the media is trash you say? huh. i never considered that.
for real, i feel a lot of people read stories of crypto millionaires and think it’s as easy as throwing . what they leave out is those people likely had financial stability and the wealth to just leave investments for 5-10 years
the equipment costs tens of thousands of dollars + cooling + adequate electric equipement. and space too.
nah, it is all relative. 8 years ago that 've netted you a fuck ton. and so would buying low cap coins with massive upside potential today. check out cake monster for example, read the white paper and buckle up.
gotta start big if you wanna end big
yeah. i am in with my hundreds. but i have accepted that i at most will double it after a few years. still better money than the local bank. but not life changing at all. i read all the stories of people who put in . i really need that much hopium.
whoa whoa whoa...you telling me it takes money to make money??? what a scam.
yes, you need money, but if you live in a western country, you likely have money or income coming in, you just need a good savings plan to get started. even though crypto offers absurd returns, you do need money to make money, its just a long term game. the good thing is that if you save and invest, you will be ready when the next good investment lightning strikes. i had years of savings built up before getting orange pilled, so i was ready to roll, even though i was 'saylor late'
this is really just not true, if you had invested 100.00 dollars in shib on march 31st this year your investment would be 42,383.00 today. granted that’s an extreme case, but let’s look at more stable. vet from its low last year that same 100.00 is now 7,331.00 and 100.00 of ada is 8,600. so an investment of 13,640.00 in vet or 11,627.00 in ada would’ve made you 1,000,000.00 as of today’s prices and these aren’t even the market highs. that’s not big investment money. it’s just patience and hodl
excuse you, i've put in several thousands into crypto too. where's my millions?!!
no one’s making millions anymore, unless you start with millions. only the early adopters got rich. too late now, unless we get a big crash again.
some shitcoins have gone 2 million percent or more within days. a , you just need to gamble it right.
yep this is so true ...big brother should issue miner to all house hold to create a passive income and give everyone access to decentralized currency and blockchain that can make everything transparent to all ...including voting in the blockchain .now we will see the true count at every election .and where all the tax money goes and every law created to keep the rich getting richer ...
in other news: water is wet!
it's true for the sensational types of stories. that is annoying as hell. but if you do not stop at the 100,...and do a few each paycheck, it definitely can add up eventually. if we all just keep at it,...i am sure we'll be alright.
🌎🧑‍🚀🔫🧑‍🚀 just like any investing, money is a prerequisite.
nah, i made a bitcoin miner in 2010 for a school project with a solar array and forgot about it for like three years. absolute luck. disgusting that the economy has rewarded me for doing absolutely nothing.
true enough, but had i managed to hold even 50% of the crypto i'd bought'd be a millionaire or at least a high figure hundred-thousandaire today. but i do not let it get to me. every time i did take profits when i had gains it was because i needed to, and the crypto i spent on stupid stuff when i should have probably held it in hindsight? well, if it weren't for people like me, none of it would have the value it has today. so now, it is more like a psychotic piggy bank to me. i put what i can in there when i can and hope my fingers do not get nipped and pretty much ignore it.
if people think that putting in , they do not know much about investing. this goes for any opportunity to invest, crypto or not. understanding how investment works and having self control is what makes people rich, those that have come better off from the start will have an easier way to be wealthy, unlike those that grew up in poor families in poor countries.
you all are so close to realizing it is another tool for the rich, without realizing it at all.
gasp! high risk high reward?
need to learn to budget and save first or investing is basically useless
it's is so important to just these coins when they are at their very begining ...this is where you can get 1k x through i've seen 1-10 million x thier money ...have to get in early and wait ...coming in on wave two or three does not have the same potential of gains as the early user ...right now exchanges are the way to create wave two and three and they need to offer coin in their infancy ...this levels the playing field...
how can egyptians buy crypto?
i think, while obvious, stating this sort of thing is important. it's easy to get caught up in the success stories. i've been trading nfts for a few months, got to meet a lot of people. one thing i consistently find is that by most folk's standards they were wildly successful before they ever touched crypto. these people work, apple, are investment bankers, own businesses worth millions. very few work construction, retail, etc. point being, it is important to have realistic expectations for yourself, by your own standards, and not try to keep up with the joneses.
no shot. im over 1000% on btc and tsl and i'm still not rich.
for me to hit what i want in crypto i need roughly 110k invested. at this moment, if it goes up i need more.
hey we're all just north of 13 trades away with compounding 100% returns from turning . buy some xlm or xrp in the like and you can close that gap a little closer this market cycle.
this is one of my biggest thisappointments with crypto, i feel like it is just turning into a way for money to make more money. the average joe might make a little, but to me it feels like just another way for the already wealthy to get even more wealthy doing jack shit.
legit. as if a 5 year old is gonna be able to invest headlines should read: "trust fund baby"
i will say bs... cause all you need to get rich in crypto is a good eye on the projects and need to move in early. check what was the price of solana, axie infinity, luna etc just a year ago... they have gone beyond 1000x heck people who rode the memecoin train of dogecoin last year made millions. and they invested thousand or less $$$
ive invested about 17k total and im no where near a million, ive almost doubled my money which is great but very few here will ever sniff 1 million even at the height of the cycle. people are setting themselves up to major thisappointment here.
unless you got in early enough, bitcoins were still less then .1 each back at the start of 2010 these days though your right, the only people making big money are those who have money to invest at the start. i have a 2080 ti so mine etherium when i’m not gaming, at current prices i make a little more then break even vs electric costs, so i just see it as a future investment for it the price of the coin keeps rising. i’ve spent about £627 on electric for my entire flat (inc electric shower, cooking, etc…) and made around £568 in coin. without leaving my pc on to mine i’d have still spend around £400-500
what in your opinion is a good amount to start with?
i’m just glad that i found crypto i have almost paid my debt in one year thanks to crypto and i have save more money this year than the past 7 years.
the other thing that media does is to hype those tiny coins shooting 1000x but do not thisclose the fact it is highly difficult to choose the coins at starting level and also small amounts make high price fluctuations in these low marketcap coins
this is so good to remind people about
no not really. tossing up success stories to people being already rich is completely false, yes if you have more you can make more (shocking) but the reason behind most massive success if buying good projects and holding them. way more important than that is starting early. if you started with only a few hundred to a few thousand you could easily be upper 6 figure. not by buying the shit you see shilled on this subreddit, but being early in crypto in general and then early in specific projects. ftm was under a single cent not too long ago. matic used to be about 1 penny for long time. even eth was under . look at virtually any crypto project and see how much is has exploded in price. people making millions are people buying and holding good projects generally speaking. if you weren'y buying all throughout the last bear market you cannot whine that people with seven figures were just rich to begin with, it could have easily been you even if you started as late as 2017-2018 when a lot of ppl gone drawn in during the last hype cycle
no bs; i lended defikingdoms (defikingdoms.com) on harmony around -800 over the first 3 weeks of its launch and the locked value that i’m at now is over 27k...there are some golden opportunities in the crypto space, but it was nothing i foreseen, i got lucky...
good point op, same thing i tell people. cryto doesn’t flatten the curve for everyone to get rich, i simply blesses the haves to even make more.
did you make profit? is there a w? stop complaining you just did not bell enough. maybe net cycle baby
lol even thousands is low. my portfolio is 8x up, and i started with a decent sum. still nowhere close to a million, never mind millions.
i invest the price of a meal and i'm happy
i have turned . really all you can do it you are at or below the poverty line.
this is not 100% true. you just need to find a smaller cap coin. for example ergo has its own blockchain and is not listed on any major trading platforms. it's the equivalent of buying btc in around 2014.
while i agree with you, i'm not sure i understand the point you make at the end about the media.
don't get carried away with what other people have or are making. set your own goals for your means and stick to it, play the long game. you can still get there, it will just take longer
exactly and with tax payment crypto is not that profitable for small fish. the only way is to buy and hold for a decade.
most people i know have rich family or someone loaned them money . i have none of that all my money i make on my own. it all goes to bills and living :/
i swear every day this sub massively upvotes something that the rest of the financial world figured out decades ago.
a 1k% gain is a 1k% gain no matter how much you start with.
the same logic goes for stocks. you need millions to make millions in the stock market. or sometimes to make millions, it takes a fucking long time.
i made %150 gains today. my .5$.
1. no, you're not getting rich off crypto with a hunnit spot. 2. gpus we're 67 dollars on ebay in bulk before the shortage. your 'rich kid hate' is misplaced.
it's not just crypto, this can apply to anything in life. just look at these influencer dorks on social media, in their first videos they are walking around houses with -sized pools in the back yard...does anyone actually think these are their houses? no, it is their parent's houses!!! you can go through any list of the top social media personalities and a very high percentage of them come from wealthy parents so they have a leg up to the best editors, the best activities for their videos, the best cars to flaunt, the best clothes to wear, etc. same thing with music nowadays, when you look into it, most of the top artists also come from rich parents or family members with connections to the music business. for real, we're living in a time of smoke and mirrors, nothing in the media is as it seems, everything is fake and all it does is fill us 'normies' with unrealistic expectations.
what you’re missing is the origins of the money. they most likely weren’t born with it. if you don’t have money to invest, find a way to earn it.
depends on what your definition of serious money is. everyone is not trying to be rich as musk.
not necessarily although for the most part you need to invest probably at least 10-20k to make some real money unless you got in at a perfect time when some alt coin went up by 50-80 times its value. its not much different than the stock market, most people are not getting rich if you are only investing a few thousand dollars. you need fairly significant amounts to really make money since the returns are 5-8% normally.
when it comes to profit, mass of capital advanced is more important than rate of return when it comes to mass of return. very few people have the mass available to actually generate significant mass of return.
i’ve had 10,000% gains on coins that i only had maybe . the trick is to hold for several years and sell when you’re up. the hardest part about making money in crypto is to sell when you’re up. most people get greedy.
i'm going to say "yes and no." obviously the more money you put in, the more you can make. that's totally right. and the people claiming huge gains in a short time frame are starting with deep pockets. however... in 2014, i bought -400 in dogecoin. that got me over 800,000 doge. so you can make serious money with small investments... but it takes risk and a long wait. (and btc was around , for comparison.)
yeah! you need capital to make more capital...
there's always going to be a solana or axis around the corner, small amounts can be turned into several thousand and that can be made into more on the next coins, just have to play your cards right, just look at all the different companies providing a similar service right now, they all came from nothing and people became rich along with them even if there is not a complete gap in the market or a new innovation, and that does not take into effect of lending platforms and yield farming with compounding interest, there is an infinite amount of money out there to earn
i mean not exactly. those who invested at least ,000 into a meme coin at release and sold at at least .20 cents came away with big profits. it’s not about how much you buy but where you buy and where you sell.
we all would love to make big money in crypto. but i can only invest what i can. i'm happy to know that some of my savings are growimg instead of doing nothing in my bank account. we all have ambitions but we cannot let greed take the most of us. be happy that you have more money than yesterday even if it is just a dollar.
wrong! i bought ’m gonna be rich when it hits .
you know, the truth hurts. i’m a college kid who pays , i work 22hrs a week at a , go to school full time, and my hopes and dreams so far away
we all gotta start somewhere 🚀
depends on if you use defi and shitcoins. me and a bunch of others started with like 500
yes kids think their , even a 100x is just
you need enough money to pay someone else your salary to be able to not come into work. that means you need to have many more times the amount of money your coworkers have. in other words, retirement is *relative*. you can be relatively rich because you're so old or because you took on more risk than everyone else and won. to retire now, you need to take on massive risk. everybody's confused about why idiots are blowing up margin accounts. they are not gambling addicts, you're just underestimating the amount of risk actually needed to make your vague half-backed retire-early daydream a reality.
well those silk road kids did not have any money both had thousand of btc to buy kush with.
this applied to investment in general. i constantly have people telling me how easy it is to make money investing, when these same people have thousands of dollars to toss around building a diversified portfolio, and one large enough that it can weather a large temporary hit to their portfolio the ~, and if my options tank for a while i cannot exactly ride that out... it honestly thisgusts me how out of touch with reality people with money are and i'm fucking middle class. i cannot even imagine how frustrating it must be for people in poverty
except the part where if you had bought £50 of bitcoin when it was £1, it would now be worth £2.2m? don't need to be rich for that.
not every rich person came from wealth. iv made person sacrifices to not buy certain things because i wanted my money in crypto. i lived poor and worked hard.
as long as i get good returns in long run for the money i put in crypto, that is pretty good enough for me.
when you do not have much initially research, time an patience will be required. dca is also a good strategy.
takes money to make money. my buddy back in march 2020 was gutsy enough to take out a personal loan(i think a few grand) and bought crypto. idk what hes at now but whatever he had bought probably 50x. it sucks if you're able to understand good projects or invest what you can, but you dont have 100k laying around to do the same.
intangible assets! its a way of not making profits, whilst making profits. only the tax man loses.
if you are young and thinking you will get rich quickly off a few hundred dollars in crypto it is not going to happen. but over time you can get rich. first start by getting a good education. get a good job. take part of your salary and dca in crypto. 15 years you will most likely be rich.
invest , price dips by 50%... still a crypto millionaire
itll only take a bit longer. every gain is a gain and eventually you'll pull through.
the thing is, if you play your cards right in crypto, you can turn 25 or 50 bucks a week into thousands, and then from there….
unless you bought it very very very early. my friend was joking about buying doge coin years ago. we both looked at it, and thought it was dumb. if i put , i'd have over . if i sold it at it is peak i'd have over . from + in less than 5 years. instead i put .20 and sold at around .59 and only tripled my money.
lol duh!!!! sooooo many people started life with money already to their name.
this is and always has been the case. money makes money. hence the thisparity in the world...
i’m not sure the point of this post. everyone globally knows it generally takes money to make money. these people aren’t getting free money they are taking a risk by investing and some have been rewarded. your also leaving out the people who invested in shit coins and lost money. not everyone is getting rich from crypto, but if your even just moderately wise with your investing you be able to make several thousand very easily.
i mean it is not worrying the news has been bullshit propaganda since the beginning of print media, radio then television and even more prolific with the internet.
that's only partly true. the hodl meme is not just a meme. 100 to even 1000x profits are not uncommon in crypto, i've seen it myself. sure 100x on "just" (for some people life-changing money already), but that . it really is possible. time in market, i.e. patience, is key. and to get a realistic 100x potential, all you need to do is invest in solid projects with solid tokenomics and a market cap around .
thats why i dont really like when exchanges announce "start earning with just 1€"...you can ...true but its just impossible to actually get rich with small investments. you need money to make money ...and that never changed.
it's a bit like when you read the "success" stories of people who get out of debt, and the details are some mixture of: my parents bought my first house, i was able to pay + salary, used some of the crazy inheritance i had coming from grandparents, etc. yeah, you paid off your debt, but it is not like you were eating ramen and living with 4 roommates in the cheapest part of town.
a lot of people in the gold rushes wouldn't make too much. but newspapers would would publish the stories of the ones who got rich to bring in new settlers. there is a saying that the ones who got rich during gold rushes were the ones who sold shovels. a lot of people are getting rich off crypto by other means than holding.
100% return is a low return in crypto i'm up 14,000% since 2015. also bitcoin going from % return. so there is still alot of time to make huge money in crypto over the next 10 years. dca into projects that will last and enjoy the return. don't chase pump and dumps like .
you mean you want the media to tell you the truth?? hmmm. that’s a novel idea
now i understand - even if i already knew, but thanks for the confirmation.
i bought 1 eth for . nonsense. most people just leave during the multiyear bear instead of accumulating.
without these details, they are reflected in the media. they also put unrelated people in this business. it ends in thisappointment.
never invest more than you are willing to lose. that is not just lip service. investing is lighting money on fire. if you cannot handle that reality than you will get hurt.
or you could be me, got my metamask hacked and lost everything. happened yesterday, still pissed and really have no idea if it was a phishing thing, a spyware thing or how it happened. i thought i was so careful.
my portfolio not even a year ago was . now i'm sitting at just under . small gains add up, do not lose faith.
i never saved a penny in my life and wasted it on crap with the little thisposable income i had. since finding crypto it is the only thing that has given me an incentive to save, albeit much later on in my life. if i can eventually get enough money with in 10yrs to use as a nest egg i'm happy. if i added £200 p.
most people shouldnt see this as a get rich quick play and should use it as a savings acct, to add contributions and let the money grow. or you can believe in your coins and want to support it is uses it has. stop the fomo and invest in your future instead.
from 39 btc in 2015 to 1million doge in 2021 ![gif](emoteemo_pack_1im_fine)
anyone notices the coinstar machines pay in bitcoin? collecting pocket change to fund crypto purchases is the future of working class savings.
in general, what you see online is a curated highlight reel of someone's life. it is not representative of any kind of average experience. you'll always lose comparing yourself to that.
great point you need monies to make it
you sound so bitter. most of us started small and been through two bull runs and one bear market. most of us earned our gains. i knew what to do through 2019 and 2020.
truth. it’s a lot easier to make money when you have it to play with. my , but it’s what i can do.
they always leave the details out, not showing the process but only the result. anyone who can do basic maths should be able to see that you need money to make money. maybe if you holded bitcoin since its very start you could have made millions with just 100€ but then they would also not cover the amount of time it was saved away
biggest mistake most people make is not having rich parents. always have rich parents before you start in crypto.
some of these millions are just due to currency conversions. if you have a few thousand , you are a millionaire in most west and central african countries
several thousands lol try several hundreds of thousands if not millions to begin with. most youtube 'millionaires' make more money on their channel than trading, its not real. you can probably become a millionaire in 1-2 halvings tho
i think you make a good point. there are and have been opportunities to make fortunes off of smaller investments but those are few and far between. the majority of investors will need to build up their investment over multiple cycles before they’re likely to see life changing sums.
that is why some retail take out loans and get fucked or hit.
although true i would also argue that time makes money in crypto, combined with a fair bit of luck!
it takes money to make money... so, if you are starting with a much smaller amount of money, instead of trying to hit a grand slam... maybe aim for a string of base hits. eventually, those smaller successes amount to big gains... and you'll be one of the ones making millions.
several , or ? what’s your idea of ‘rich’?
i got into eth. started with .4 eth(like ). now i have 7 eth(26.5k ish) . i have not bought more. it's not just a way of holding wealth. theirs nfts, staking, pools. you gotta start somewhere you do not have to be rich!
it also takes money to lose money
i made over £300 from a £30 investment. which then bought me a bobcat miner.
everyone had the same opportunity to put thousands into crypto with multiple stimulus checks
also: 10 dollar nets you 0.00x eth, so you get 0.00x profit if it go’s up... 10 dollar decent cheap project gets you 100-500 tokens, so you get 100-500 times the cents it go’s up (look at it long range) dyor and invest long term in viable small coins with a decent cause. look further then top100. thats my tip.
no one here above 12 wants to be a millionaire. most people here just want money to buy a car or to help to buy a house. i do not know where you guys see people talking about millions. if there are, they are probably just kids who you should thisregard anyways
i realized this very quickly when i bought . coinbase had some thing going on when it was first put on the platform. if you bought , they give you some credit or more doge or something. can't remember, but it was one of my worst investments to date. that and amp coin.
maybe right...but you can increase your money 100-10000$.it is take time and you have to research, understand blockchain system.
spot on! i wish i could up vote it multiple times.
there's still a bunch of coins up and coming which provide opportunities to those without hefty pockets. dyor.
there is no free money. investing your hard earned money in crypto is still the best thing you can do right now.
i've personally turned 400 into 2500 and only been in crypto since july. then i split into nfts, cardano, and bought some nike jesus slippers. no one with my last name has ever even touched a stock, i'm the 1st one and damm sure will not be the last. to me...that is more valuable than anything i put in... i'll be able to teach the ones after me.
time in the market beats timing the market, every damn time.
seriously, i hear this argument all the time and i think it is just the wrong approach to all investment thoughts. of course you get more if you have more, but you also have higher expenses... let me explain my thaughts with this example: for most of us 20, now go to some shady street and give it to a homeless guy somewhat starving... for him its like 4-5 days of food. if you get 100x on your 20... , but its 1 years careless life for the homeless guy... you get the point i hope...
this is really true, that is why i'm already excited for the next bear. invest in bear and watch it take off in the bull. i've made a healthy amount, but not a wealthy amount this bull. next time around i wanna make sure i'm well positioned for a life altering run to set up for a decade from now with a life changing bull run. i often wonder how people who are like i was in 16 (relatively poor grad student) are gonna do as well as i did with minimal cash. because there is not the huge btc and eth returns still looming where you're guaranteed a ten times (maybe eth still at this point or more likely a 5x or so). everything they do from now is far far far less certain than it was years ago.
timing is everything too. throwing a couple grand into the market last march, you’d be in pretty amazing shape right now.
the math confuses me, even though i am reading cryptocurrency books! 🤷‍♂️. so if i buy 1 ethereum for ,800.00, what would be my gain per one dollar. thanks for any input! 🙏🏻
no if you bought 10 years ago it didn’t require much money
crypto is still the only type of asset that can give you 1000% within a few months. also, all these people making "easy money" because they had money is not quite true. greed is something you need to get over and a lot of these people will lose it all. bottom line is you better start with , learn, study, make mistakes early on because anybody starting up with no experience will lose it all - .00 or
no. wrong. i started with literally a few hundred dollars. it’s patience and time in market, not a springboard that gets you to your personal goal.
maybe the family of the 14 year old kids bought the equipment for them, or perhaps they found investors, and are paying those investors back over time? a lot of people start youtube channels so they can earn $$. if you are a smart investor, you can possibly sell your advice to others. but yeah, otherwise it is a slow go. but thankfully crypto still has tons of upside potential.
i've pretty much only mined for the last few years on my main gpu when it was free and i had 1k that turned into 1500 over the list few months
this is so not true! i’ve started with only 2 litecoins which was way under . at first i was taking high risk, high reward approach on sh1tcoins. once i got to !
i have a small mining op that pays about . i also invest roughly . each day i buy about 5 different coins (bitcoin is one of them) which equals the . i like doing it per day bc i can hit the low points during the week as well as the highs which evens out the investment cost. if bitcoin hits 1,000,000 in 8 years, and other coins follow that pattern (eth,ada,dodge,etc) i'll have between 300k - 500k. keep in mind the next halving will decrease my mining profits but you get the point. also some days i do not buy bc i'm busy with life but you get the picture. if you think bitcoin is going to the moon, slow and steady can still get you there... most ppl do not have 500k at retirement at the moment so take that into consideration.
but in 10 years if ckb reaches
so you’re telling me, “keep investing more!”?
how else am i gonna get those "several thousands" to start off with? 🙄
it depends if a project is solid investing in it earlier and aiming for long term can yield you something good, if you got into the game when a bitcoin was 10 cents, around october 2010. if you invested , you'd have been able to buy about 1,000 bitcoins. so if you got a promising project like sylo that is still in it early days it is best to accumulate as more as you can and be patient.
if you dropped , you couldve become a millionaire by now. but yeah in normal circumstances youre right.
i mean if you put ’t you have 17 million right now? i know that is the rarest example i can give. but theoretically it’s possible again with another crypto. it’s truly a gamble.
not necessarily true, i turned 600. call me a gambler or whatever but the amount of money i've made with shitcoins this year is insane (also lost som of or ofcourse) and it still is making me money, i'll rde the shitcoin wagon til it drops. who doesent want 500% +++ in weeks rather than decades. mind you, i'm a high risk, super aggressive trader
or you believe in this space and you just go for it. i'm pouring money into this. i make about 60k a year. i'm not buying video games, i'm not really buying anything that i would consider non essential. i'm cutting back everywhere i can to add extra funds into this. right now i'm adding 50 bucks a day to my bitcoin. it's not going to get me rich tomorrow but by 2030 you know bitcoin will be worth more. maybe 75k. maybe 100k maybe 500k. i have no idea. but what i do know is i'm going to go along for this ride as much as i possibly can, even if i have to make some sacrifices now to get ahead in the future.
this is a marathon
can confirm, have thousands in crypto but am broke everywhere else. 49c ramen noodles to ensure maximum profit and early retirement
op is missing all the people like myself that just started buying early. btc was in the hundreds and eth was in the 10s. just wish i would have bought more back then even tho i’m doin just fine now.
leave me and my 20 , k?
you’re worried the media is leaving critical information out now?? that’s been the way they operate since the beginning of time. media always have an agenda. media always sucks.
that’s a beautiful mind right there.
yeah most people will never understand compound interest and investing math. but for people with no money crypto can still act as a high interest savings account, which you should still have anyways.
many crypto investors, probably moreso on the crypto subreddits, are younger people. overtime honestly there is no reason that everyone here shouldnt be relatively wealthy within this decade if you invest consistently.
i started with a few hundred a few years ago, and i’ve put a little in here and a little in there. i am now approaching 6 figures. and, i don’t make much money, as i’m a chef. the op clearly doesn’t understand the idea of compounding gains…because guess what? in a few more years i’d bet i’ll be into 7 figures. patience is key in crypto. hodl!!!
i'm happy with turning my 700 in 1450 over 6 months, so i got that going for me, which is nice
absolutely true, a friend of mine had between 2 and 5 million in crypto and has functionally retired. he would not tell us exactly how much he has, but but that is a ballpark. granted he is made smart decisions, but he was pretty well off when he started. back in '17 he dropped 20k on his first crypto purchase.
>the fact that the media will leave out critical details like this is very worrying. loooooooooool
you don’t have to have a lot of money to invest wisely though i think. if you have , whatever you do just leave it there. and for chrissakes hold some btc or eth
me too i have thousands in ltc now i’m a bag holder 🤡
i put ,000… if only i was able to put ,000 in or ,000 or ,000…
well, yea. pretty sure the only person that did not know this was op
i mean, yea but a friend of mine invested 300,000... you "can" make a million out of a few hundred but those stories are far apart.
yep. i'm fully prepared to have to sink a few thousand into it, at least. it's worth the risk to potentially be able to retire if one really blows up
started with 300 dollars that’s now mid 5 figs. got lucky on the 1st try and it allowed me to get lucky on the 4th try. there’s defo more opportunity for massive gains in crypto world. just don’t leverage it helps you sleep at night. wgmi
yes, but all you can do about it is start investing today. a lot of the people making -20 years and had some capital to invest. put your money to work or next time an opportunity comes up you will still have . if you do not figure out how to make money while you sleep you will work the rest of your life.
scared money don’t make money. you gotta lay it all down. but also yes the rich get richer is the same with crypto unless you were extremely early
it is almost always true, but not always.
you’re only months from being able to turn 100’s into millions. you all had that opportunity last october… are you all getting into crypto in the last few weeks??
i do not believe that most of us should be concerning ourselves with becoming millionaires with crypto. take a set amount weekly- dca baby!
this is exactly the issue i personally struggled with. friends who earned thousands with crypto and i had to start with 100 bucks. guess who earned faster? not me.
well yes, but at least, crypto makes you spend less. i am not buying non-vital shit anymore.
i made two dollars in profit from etherium. i’m going to save them for the gas fee.
i mean anyone can become wealthy in this market. if your paycheck is . eventually you will be wealthier than you started and you will have even more to invest after profits. buy dips rinse and repeat. anyone can become wealthy in crypto it will just take some people a little longer than other.
i saw a post showing someones portfolio started with . it does happen if you get in early. if they would have no cashed out they would be worth 87 million dollars now. if your wondering they invested in shib and held and now are multi millionaires. i know r% and counting. can't hate making money. tons of other tokens with similar charts, just got to get in, believe in the project and hold.
very much the same with the stock market. you can watch people on , but you have to note that they are already able to be moving amounts of cash that large for one reason or another. it does not mean you should not start with your 100 bucks, but you should not ever *expect* to see that 100 dollars turn into 1 million or you're just seeing yourself up for thisappointment (with exceptions, of course, for some rare unexpected pump)
hello. i may have access to a thousand dollars and wish to make . please give specific, detailed instructions in the reply section. thank you.
mostly yes. some extremely early adopters just got lucky since there really was not any guarantee or fundamental to point to that crypto would take off, so it was a longshot bet that paid off for some who bought in 2008-2012. i have done very well for myself, but it is very very hard to consistently make returns that have a high probability of taking you up an economic class. i made , but it feels like a tiny fraction of what i need to actually be "set for life" if you do not want to spend more than 10 years achieving true financial freedom. alternatively, if i was born with a few million to start, i could make that much on mediocre returns and spend it without touching my principal. it is very hard to go from collum a to collum b. if i am extremely good at what i do, i can retire in 2030 with around .5 million and live comfortably without having to dip into principal funds. some rich asshole can have that without having to lift a finger or think about their money if their parents just but a few hundred thousand into a trust fund and make market average returns.
i love how everyone says stuff like this but if they invested over the 3 year bear market in say cardano. between 3-7 cents and bought about 10,000 dollars worth in that time you’d have 1. by the bear markets sell the bull markets
i’m going to have to thisagree here. you just have to look beyond the major exchanges and into presale platforms. you can easily turn 1k into 10k and then reinvest into something else.
the same principle applies to losses though. if you make a miss calculation with 1m say lose 20% on a bad trade thats 200k gone vs 20 or 200 dollars.
right i need more ...
the real trick is to just put a little in each month consistently.
yeah my roommate is paying 4k for a single rig i was like "okay, but you're paying electric" besides that he definitely has the money so he will clearly make more long term i do not have the same ability to drop the money in one go like that, but he works in real estate in the la market so his commissions are insane.
i started with 200. i got several airdrops worth 6 figs by now. i also hit alot of 100+x's at that time. dont let anyone tell you it isnt possible, because im just a regular idiot who managed to do that, and so can you.
the days of buying 1 btc for . there will probably never be another crypto currency with that monstrous of growth
just wait for the next elon tweet and go in at 100x leverage. lol
build your castle brick by bloody brick
great quote by edgar bronfman, jr. which comes to mind here: “to turn . to turn 100 million into .”
you're really looking at this the wrong way. instead of looking at this as a "get rich" effort, look at it as a "not losing to inflation effort." put . put . tell me which one is worth more in a year. this is really what it is about. the best asset to park your liquid reserves in to beat inflation.
not totally true. for the current market values, yes you might be able to get 20x your money, possibly more on a bigger risk. that is still only 20k from 1k. others who have made millions bought back when it first started and 99.5% thought they were morons. current top 10 coins were dollars or pennies a decade or so ago. now they are millionaires with hundreds invested. goes to show that just because 99.5% say something, does not mean they are right. they were ill informed.
yeah if you're rich, it is incredibly easier to make money thab doing the same thing with less money. if you add a few zeros to day trading, you eliminate trading fees from your profit margins, making micro-trading extremely profitable.
on the flip side, if you give me ,000,000, i will demonstrate how to not lose it all on crypto.
people are making millions in the lottery too.
even in lottery - more money more chance to win.
well, you forgot to mention the time. 100 usd in ethereum 4 years back would make a lot of money. volatility will decrease after it gets widely accepted. then we will fight against the inflation of fiat.
i do not need millions, i just need more than i have. it's worked out well for the last couple years here too.
>this goes for miners too as there were these 14 year old kids in the news recently for making 30k a month. this was just a case of a dad putting a cool , took bunch of pics and started flexing online until some local tx media picked up on his story. everyone seems to forget that it cost a quarter mil to build it and surely the 14yo olds do not have that kind of start up money unless somebody gives to them;) lol
most of the people winning big are also leverage trading.
yes, but when it 😊
true, [i just spent ,000 building]( my first, small mining farm.
this reminds me of a guy who was investing 300k in a stock that was likely going to receive some sort of vax approval so he could become a multimillionaire. that shit makes me roll my eyes.
so true. i started with . if that were any real amount of money the gains would’ve been insane, but i wouldn’t have been as willing to take so many risks.
... and people are making thousands because they had hundreds. better to start from humble beginnings than not starting because at all because you think only rich kids should secure their future.
i invested one years worth of salary between 2017 and 2019 most of it buying the dip in 2018-2019
with a little money and lots of patience, you can build yourself a fat stack of cash.
like everything in life. the rich get richer because they can afford to take risk
i got into it totally accidentally. someone gave me a tip of 5 bitcoin back when it was like 5ish dollars per(may 2011) forgot about it for a couple years until i received a notification on reddit that the exchange that held the bitcoin was closing. i did a bit of digging and asked what i should do with it. ended up putting it on cold storage and it is now in my safe. i did end up buying another whole bitcoin while the price was under 500 dollars(i think it was 350 dollars i spent) and that went straight into cold storage. im not going to say that my story is typical, but being an early adopter definitely helped.
this is why we have day jobs and side hussles to build capital.
its crazy the difference having , , at the right time, can make a major difference. i feel as though those people are in the same boat vs the dude who can drop 30-50k like they’re buying a scratcher. either way, i don’t think it’s a secret that you will inherently get a better roi w. and “serious money” is situational. if i can’t pay my rent, but that , well that’s some serious money to me. if you don’t start with shit, it’s all serious money. i’ll never be a billionaire and probably never a millionaire, so it’s all serious to me.
when i started back in 2016 i invested a few hundred. when that turned into thousands i started to invest a lot more. everyone starts somewhere.
markovnikov said he who has is given (not the exact quote) and he formulated that for atoms but it is quite true for our economy aswell
this post should be stickied.
most of us are here dcaing and counting on 2 to 3 cycles before getting rich
you gotta have money to make money.
if you have the guts to hold on, the million is not unimaginable far away. but it is the lack of guts that kills most on the way there. if you invest , it just has to go 4x 6 times before you reach a million. 250 -> 1000 1000 -> 4000 4000 -> 16000 16000 -> 64000 64000 -> 256000 256000 -> 1024000 it's hard, especially if you just have 250 to start with, to hold on this. especially when reinvesting amounts which would pay off your car, your study, your house... you have to pass those, to become a (liquid) millionaire.
cant compare yourself to millionaires
media leaving out critical details of a story to fit a narrative?!? you don’t say?!?
false , it’s timing and believing
lol. thousands of dollars for the equipment? try hundreds of thousands.
other part is the type of person earning money. alot of the early adaptors of crypto are it people with a keen feeling for structure and thiscipline. they love predictable situations and weigh their day to day choices on the results they expect. it’s what makes them succesfull but it’s also the thing that makes it hard for average joe to succeed...
instructions unclear. doubled my . by my expert calculations, that would be millions of micronanopennies worth of gains.
potential gains are directly correlated to how much risk you can tolerate
you mean my ?
i borrowed money from my mom. i'm paying her a (much) better rate of interest than the bank and i'm making money as crypto goes up. win-win. i am not paying her back any principal. she will just put it back in to the same bank that is screwing her now. this means that i can continue to support her in an ongoing basis. i want her to put her money into crypto but she would not so this is how i can help her. i also maxed out my low interest rate credit card. essentially, i am using leverage. it's a risk that i'm willing to take in this market. i am already planning my exit strategy. i will be taking profit as my investment rises.
"the fact that media will leave out critical details is very worrying." this has always happened in popular media. it is worsened by social media meeting news media because they make money with exaggerated content. and there is no regulation towards these companies even though there should be because they are essentially deciding what news the masses get with there directed. the government wants to further regulate the internet. call on the government to regulate social media the same way we do newspapers themselves. it's fake news. it's normal. and that is crazy.
i started with hundreds, which took a while to save. that was a very long time ago. it’s just being in the right place at the right time. the main advantage is that, even currently, that crypto returns more money than any other investing opportunity. having said that, make no mistake, crypto is extremely profitable right now only because it’s highly volatile, and, essentially, a gamble in respect to if people will use it. never forget we had the capability to do electric vehicles much sooner than we did. never forget the early dot com busts. this iteration of crypto could fail spectacularly in spite of the fact it will eventually be mainstream. there is always a way to invest, missing one boat doesn’t mean you have to miss the next. a big issue is that while we know the potential use cases for crypto, we still don’t have enough working ones, especially in regards to the more important ones. we have people buying nfts which have no actual value similar to the beanie babies craze. there is zero value in owning an early nft, there are many worthless first edition pokémon cards, and while they may be worth something, they aren’t worth what some people would try to sell them for. my worry is that the nft craze will convince people that crypto in general is just a scheme rather than understanding the value of nfts is in proving ownership, and not in collectible nfts but, we are dangerously close to convincing the public that everything we believe about the future of crypto is a lie if we continue on this path of inciting fomo for every new coin or art nft drop. too many things may set us back, and that may present an even better investing opportunity at the expense of others losing tremendous amounts in the process. i’m trying to say: don’t give up because the “easy money is gone”, this is still easy money despite being less.
this is why you're suppose to dca every paycheck, not just put in .
i mean if you timed it right almost everyone could have become rich with doge. if you bought 500 worth 5 years ago you could have sold it for a million in may. of course this would be insanely lucky if you timed the market like that. but pretty much everyone could be a millionaire.
very true any of the latest crypto millionaires must of started with a nice sum of money but for the older crypto investors 100 could made you millions. imaging buying 100 bitcoin for a dollar and holding till now 🤯. as for mining that is a millionaire to make millions game really
not even thousands, but 10's and 100's of thousands to get millions.
a lot of the people who became multi-millionaires in hex invested less than 20k
everyone likes to think going back in time to tell your younger self about everything would change their lives. but then your older self would never have a reason to go back. paradox 🙃
if you bought saitama 2-3 months ago with £18 24 bil worth is now worth £377 and it has only 70,000 holders. so the logic is getting in early doing your own research. on that note i bought £18 worth of grapefruit coin and it got rugged. gambling in the form of crypto 👌🏼 these where sceptic compared to my normal purchases but i was just using crypto.com and never touched a swap
£1000 is all you need with a bit of luck on your analysis and your good, patients is very key with crypto
i bought . it's now like . not bad. not rich... ht pretty good.
it is not the magical beans theory. no miracle just the same old same old rich get richer and the poor get shitted on. pipe dreams and wishful thinking until something major happens and money doesn’t matter anymore
this seems so obvious, yet here we are
i had 35k to start with.
>this goes for miners too as there were these 14 year old kids in the news recently for making 30k a month. i think they make it to the news so that people will think "if they can do it, i can do it too." so that people will start mining too. same as that crypto whale kid.
"they don’t understand the principle of “money makes money” " excuse me good sir, but the more accurate phrase is "you need money to make money." i question op's credibility.
very true. thanks for speaking out.
and it is called a hierarchy which is another scam or a pyramid scheme and only you rich f**** who have access to it at the beginning make any money all you do is take money from the rest of us.
i appreciate this post because it’s important to note that nearly all of us won’t be rich for a while as we simply don’t have as much capital
is there anyway i can make that much money to invest in crypto
this is why people need to start moving there money into the nft. it is where bitcoin was in 2014. everyone thought it was useless would never take off a gamble. if you want to make a lot of money with little initial investment, you need to start upping your risk and moving some of your capital into the nft. that is where the money is flowing over the next couple of years.
keep in mind those millionaires are the 1%. there are not that many people becoming millionaires vs the total number of investors.
the capitalist class has always made their fortunes simply by having capital.
and that’s why i will continue to say that unless the average investor throws money at coins which are a fraction of a cent, they won’t be seeing huge gains. if you have some extra money to play with, it doesn’t hurt, & could pay off huge in several years aka doge. yes, it’s still a shitcoin, but it minted some millionaires. probably an unpopular opinion, but idgaf 🤣doge big gain days are over, but there are other coins out there.
that’s because the money has to be siphoned from somewhere in order for their to be money to be gained, why not take it from the poor to give to the rich?
either that or they have some lucky swings and. imagine someone put , stuff like that is possible. now of course out of the millionaires, more of them will have started with more
im making a killing with this [coin](
i’m bout to break one of the unwritten rules of this sub but i started with 10’ve turned 10(in various cryptos)in a bit over a year. and august 2020 was my first step into crypto. started with coinbase then moved to spot trading on binance now i dabble in futures with leverage (only 3x-7x) as i am very aware of the dangers of leverage trading. op is right thought, there’s this idea that 100. money makes money i can only make as much money as my money and the market will allow me. i know with 760’m not gonna wake up tomorrow with 500,000$-10$-20. since i started off with 10, i used to get happy when i made 0.30🤣 we all start somewhere hopefully we finish with a fat bank account and a comfortable life. good luck to everyone else tryna make it! i don’t check dm’s so scammers be damned
definitely, this. to make any considerable gains you need to already have a lot of money to start with. the more you put in the more you get out.
if you look down and continue to lay bricks with patience, one day you will look up with a great empire.
how many times you have to 2x 1=200 2=400 3=800 4=1600 5=3200 6=6400 7=12,800 8=25,600 9=51,200 10=102,400 11=204,800 12=409,600 13=819,200 <14 this also would be 10,000x or +990,000% not only would this take several years having held a single strong crypto from the best position possible, but there’s only a couple this was even plausible. so most would have had to have gotten lucky or really stayed ahead of the curve. say: bought btc ~2011 transferred to eth ~2016, transferred some to doge or solana this past year. hitting multiples like that is insane and fun advertising like lotto winnings. but ultimately it takes skill, thiscipline, time, stress, and knowledge of an asset class as it sits in the perspective of the world that was available but extremely rare. that’s why they make so many multiples. it’s a contradictory bet made when no one wants it and sold when most no one will say no.
i invested back in 2018 couple hundred in some eth and made a good return tho
if you'd bought , and you'd sold it when elon musk hosted snl, you'd be sitting on about ,000. even today, you'd still have thousands of dollars. .
you simply need 1000% profit to turn 100. not that hard in crypto.
my 900 made £30 but i needed the money so sold it all. it was my rent and bills money, i have like 4 days before i need it each month . so each month i can get £0-30 ... ffs
false. i know more than one person who made life changing wealth with . hodled for many years.
easier said than done
now pay your taxes
*cries in $.70 doge*
fire sure, idk what people though was happening. gotta have money to make money, anyone in their teens or early 20s making a killing probably have something in their favor
why would you think you can make big money with 100 bucks? this isn’t a lottery it’s speculating on currency.
i used a .5 million doge and 10 btc. been hodling since then. i just bought a house with it. i'm 34.
op this is true, but i started with savings from one summer job less than 10 years ago, and it is changed my life.
that’s why they say the first million is the hardest
if you are entering into crypto now, you might as well just throw your money out of the window, you will get an equal return.
well 100 dollars of something that goes 100x leaves you off with 10k. or you can back 10 projects for 10 dollars each and if even one of them goes 100x you make 1000 dollars. also you could buy 100 of something good and use it as colterol to borrow and you get a bigger dip. i'm not trying to give anyone financial advice but i think that even 100 dollars spent smartly can make life changing money. again not advice but you could put in 20 dollars a week and if you were clever you could make that grow much more. crypto is still very early mathematically. but im just a crypto degen
no offense but they haven’t made anything until they take it out. technically y’all are just pooling money together and by consequence raising the value of those who put money in before you. value isn’t being made
i’m happy if i make a £50 profit on a £1000 investment tbh
i’ve learned that a vast majority of “ta gurus” simply got into crypto 5-6 years ago and held it. then they can go online and say they’ve made “millions” and you should buy their content so you can too. they truly have the same success rate as my friends who casually buy crypto.
that's why it is better to choose a few coins and go long on them. have a little bit in 40 coins would not ever provide life changing wealth
it's not just that investing more money brings back more money. if you have a lot of money, you can afford to take risks. crypto is practically a meaningless gamble, but if you have a lot of money, you'll have a lot of different investments (if you're sensible), and you can still afford to put a lot of money on crypto, because your can afford to lose that money.
til how arithmetic works. thanks.
my friend is a millionaire and only invested about 1600 dollars over a 5 year period
mega facts. mfers posting here already super wealthy .
yeah like the kid from california that got his grandma to give him . it's just a combination of luck and some smarts to buy and hold all the way until 2017. you cannot emulate that unless bitcoin goes to multiple millions of dollars. it's nothing to fomo over because it is not going to happen to you as easy as it was for them.
i do not mind the hype, the missing information, jump on in! all aboard! because i am making more by the day.
yes, however this is not an excuse to not invest. you may not make radically life changing money, but some investment is better than none. the best time to invest was ten years ago. the second best time is right this second.
>i am sorry to say but to make serious money in crypto, you need to have a lot of money invested and not just a … depends on if you're lucky or not on your picks. i've gone into an ico that required 1 eth at the time back when it was 500-600 usd. that few hundred dollars investment could pay off all my debt currently. (not that i have like a mortgage or anything on the go... but still.) playing with pocket change would not get you anywhere fast without consistently doing so dca'ing in over a lengthy time. but you can still certainly get lucky at good picks. if you are just looking to gamble with new coins the 100.
it's almost like the more you risk, the more the reward. crazy thought!
takes money to make money. holds true.
100 dollars in hex at the beginning is over 300k today. you do not need a fortune to make it in crypto. op is full of it.
i only got into crypto this feb. learned a lot, still learning and made mistakes.my rough plan is invest on the fastest horses in this race, matic, sol, have done me well along with a few more wild investments. i started with , added more and more each payday.i plan on cutting out to usdc when what i now have hits my sell points.so i have a nice bundle to start over again in 2022.this time i am loaded with a lot of dry powder and know more than when i started back several months ago.then when the next bull run happens in 2024 i will be ready to ride that wave. oh i should add, after i swap to usdc, ...defi on stable coins will be my way to generate more during the bear market. only invest\\gamble what you can afford to lose.have a plan, stick to that plan be adjust it if needed but have a plan and execute on it! that all said, the best laid plans of men and mice, etc.i could have a brain aneurism, the market does not do what i am guessing it may do, meteor hits earth, solar flares know out all electricity, etc.
well its easy to lose money in crypto as well. just because you start off with several thousands does not mean that you will have millions.
why did this post get so popular
yep takes money to make money. saw the funniest one on the news the other day. real donald trump vibes. 'i took a small loan from my father to get my mining business started'. ,000. now hes running a huge setup of asic miners pulling tens of thousands per week
that makes it sound kinda volatile fundamentally... as if ... it is, you know, not fair at all. doesnt' sound like a safe investment if it can be so easily manipulated. how hard can it be to make a fair market, seriously? (without the absence of fuckers)
it's all relative. 100usd growing to 200usd when your day to day fiat is rial or bolivar could be life-changing money.
truth. if ya poor crypto ain’t gonna make you rich. just a little less poor at best
what is this, *financials for beginners*?
the poor stay (pretty) poor and the rich get richer just the way it always has been unfortunately
false i made 50k off a . sometimes it just takes luck
damn! why bring reality into this?
i teach this concept to my 15 year old students
get a bot that buys at the bottom of price headley acceleration bands and sells at the top on a 15min chart. only use high volume, e.g. eth, ada, btc, etc. you only have to start with a few hundred, you can easily convert into thousands over the course of a few years.
better to invest small instead of nothing at all.
if you don’t happen to know you need more than .
this why so called shitcoins are popular. i missed the doge boat but made some $. i heard about a doge killer name a shib and made $$$$. i traded it for eth. so and on and on. i went from 25% of my net income and now sit on some fat bags.
crypto does not change the world: it is still the rich making money off of little players and workers. always.
you need money to make money, so true in every facet of life. when recreational weed went legal in the state that i live in i immediately looked into what it would take to buy into one of those thispensaries. start up cost is between 325k and 1.13 million.
it’s irresponsible to assume every crypto millionaire did it with their parents’ money. plenty of crypto millionaires actually worked and earned their own money.
the thing about crypto...if you want to make millions, start with billions.
not usually the case... for example i did not start with crypto investment with huge amount, just hundred dollars but i was able to find doge very early during start up. finding and entering a project at an early stage is one of the ways of making it in crypto and that is what i have been doing till date. infact i'm currently waiting for the deip to hold their ido next week so that i can ape into the project because f-nfts will soon dominate the space...
some one please tell me how i can double my
was expecting the comedy label but i’ll take it.
on the flip side of this, i put 60 dollars into doge back when it first came out and i'd have a shit ton of money if i knew where that wallet was.
that's why rich do so well in the market. they can not only afford to hodl but also buy the dip!
well with someone with 5 figures in crypto i’m not a millionare… yet
i have like 15-20k invested why am i not a millionaire yet? this is some bull shit
i'm just waiting for one of my shit coins to blown up lol
i think you're on(to) something.
it takes a while to build up the account. my stock account started with . just started in crypto about 3 months ago and i picked up some ftm at .30 & 0.40 and sold at .90 and made +. it takes time, education, and some luck to build an account, but it can be done. btc & eth are about to drop, pick up some btc (even if only a couple hundred $$) at ,000 and in 8-10 moths you will double or triple it. stay at it and try to invest every chance you get, even if it is only .
so what stop investing in crypto? no thank you
at the beginning of this year you could buy solana for -12, now its while "true" it doesnt meant there isnt good technology on its way that will fill a gap or supplant another technology.
i just sold a rtx 3090 to a miner for . its true, the guy revealed he had bought about five 3090's so far, each card he predicted to pay otself off in 11 months, then its profits from there. do the math... it always takes money to make money.
well yeah that is how investing works...
where did they get the thousands to start with?
making millions starting with a few hundred dollars is extremely hard. clearly tens of thousands are invested if not more.
if you put 100 dollars in bnb after binance just lauched you would have 400 000 dollars today.
so what should we do if we want to make millions it even a couple hundred thousand from crypto?
i mean you gotta be stupid not to think that kids story doesnt have rich parents behind it lol
make thousands by investing hundreds. make hundreds by investing 10s. if time is on your side use it.
ppl complaining on this post ngmi
it is more like anybody can become a billionaire from cryptocurrency. you just have to find the right project and way to go about it. i have my plans mapped with bbank to be the place where i lambo. bbank has the backing of blockbank which is a cefi and defi app and as such is being accepted over a wide range. with the release of their v2 app which is said to contain a bank, i am sure there will be more use cases for bbank and i'll surely become a billionaire with bbank.
you can make a ton of money if you have money in crypto. do a massive buy of a lower market cap coin, and immediately set a sell wall as everyone scrambles to buy into your candle. see nucypher.
the mining story is true but telling people "you cannot make it if you have not already made it." is really exclusionary. there are people out there who have made clever trades and climbed their way up from the hundreds to the thousands to beyond. what i would say to the people that do not have a lot of money is you need to spend more time learning to trade. someone with . someone with , and then put their real money in.
i mean you have to start somewhere. i'm not a millionaire but have done well from crypto, i started just throwing in small amounts here and there.
i lived in a van for the past 3 years so i could save up a fkton for this halvening. all you have to do is not consoom and maybe think about tomorrow instead of today. you vill own nothing and you vill be happy, plebbit.
this just in. you cannot become a millionaire from 100 in crypto. damn. knew i came here for a reason. thanks bro
this is why i feel sorry for all of the naive people trying to get into crypto. it's all a gamble and often people ruin themselves financially due to all in bets.
the bigger the risk, the bigger the gains. anywhere...in life, in the markets, in your personal health. scared money does not make money. you will not "get rich" with 100 dollars...or even 1,000. anyone who is making money now seized the opportunity when the markets crashed in 2020.
that's my sentiment, i'm only not a bitcoin millionaire, because i did not have 10k to begin with
this is and someways true but with trumps money his research. with a small amount of money you can do it if you research properly you pick solid solid projects and you don’t marginalize
wanna make money do not be afraid to take profits. holding long term is useless.
the most important key is that you only hear the success stories not the thousands of those who got burned, especially in futures. just rich people can afford to roll the dice again and again until they have a newsworthy result and pay the media to praise them as hard working self made millioanaires. crypto still offers unprecedented opportunity for profits, because of its room to grow in market cap (long positions) as well as the insane volatility (swing trading). whenever there is volatility there is opportunity,that is a rule for every market. but again being rich helps. if i were to predict a 10% swing and i was trading 1eth,it would not be as profitable as doing it with 10eth.
i mean i'm not retiring early i'm still broke salary wise but crypto allowed me to have a real savings and not just basically a backup checking account. i paid off my jeep and can maybe have a down payment on somewhere to live ... i started with a few hundred bucks and started when corona hit ... still plenty gains to be had looking in the right place at the right time
truth. i was not able to invest much into eth when it was at 99€ even though i was 100% sure this would give me huge returns. i was that stupid, naive and willing to risk everything that i'd have pumped thousands into eth at that point. but i simply did not have the fiat to do so. in hindsight, it of course wouldn't have been stupid and naive, but definitely back then. (not even that long ago, perhaps 4-5 years).
i wouldn't say it is strictly untrue. i mean i started with years back with maybe 'm well into -30k region right now. it's a good mix of getting lucky, being early on a given project, and knowing which projects to support long term. and that's after all the stupid mistakes i made that could have resulted in having -. like i'll sell at the high cause i know an asset will fall into x-y range. i'll set up my buys in x-y range and try to forget it. but then, my anxiety gets ahold and i cannot help but change my mind and end up getting back in before i said i would and miss out of the fattest gains. oh well. better to be in the green overall i suppose.
100 can turn to 140k in 1 year, by just gaining 2 percent a day
100% agree. you learn pretty quickly that the 10000x stories are mostly true just in a vacuum. even if you somehow identify the gem early, it probably did 100x already, and you would not sell at ath either. and for presale auctions you need money, like you said.
this is exactly true of all investments...the danger is in thinking that we can get rich quick from simply choosing a few coins, putting down a few bucks and viola...millionaire...it is "la, la land thinking" 🤤
for crypto today sure, but i bought my house outright with roughly .
to be fair, if you lurk the deep dark depths of most block chains and dabble in the secret art of shit coins you can take things like . you have to be willing to lose like .
wonder how much of an investment it would take to make 30k a month mining
one of the nicest things about cryptocurrency is that you only need the lowest denominator to buy in. sure, you do not make millions but you make the same growth potential as they do. unlike fiat systems which places limits on your purchasing eligibility. edit: and there are various ways to get your first lowest denominator. so for my "free stuff"; its valued at about a whopping... 7.50; the majority of which is still locked from being able to hit the exchanges. some nft i likely cannot access for a while yet.
that’s true. i don’t want millions though. i just want enough to pay off my debt.
not totally true. i bought $.15. sold that when .05 and bought . my . just gotta be willing to take chances and read up on different projects.
it’s called capitalism. but then we are now creditism. but then we might have left that one too? all in all, you wanna make something out of nothing? intellectual properties. ip. find a way to make it. because crypto is investment. making money takes actual brain.
with a little money you can do more then you think! invest a little over along time 25, with patients will result in profits. in my hearts of hearts i think bitcoin is the future. better then just saving money to be eaten away by yearly inflation
this just means, work your ass off to be able to invest and gain financial freedom, if it were easy everyone would do it. everyone wants financial freedom but few want the work, risk or sacrifice.
lol, i saw that cnbc article too and thought it was such a ridiculous story. such enterprising 12 year olds... only took a ,000 investment from their dad.
kind of like the old saying about woodworking. if you want to make a million in woodworking you'll need to spend two million first.
umm this is partially true but in crypto you really can take a small amount of money like 1k or 10k and invest in a small gem at 10 million mc and flip it 100k-1mm. i seen it myself. got in xdc in 2019 at 0.0006.
many people bought , hope it can hit .
dont forget the electric bill... to mine 35k. my mom literally showed me this story in a way that implied that im fucking up...i dont even have a desktop computer let alone asics hardware for mining nor do i have the money to pay the electric bill for one. i do however want to get into running a node.
i used to play the lottery a little. now l use that money to buy crypto. only -60 a month but it is making me a little money plus it is fun. i know one exchange that is offering 8.4% interest on their coin and dons of these people scoff at this. i saw a guy almost crying that he wanted his . too many think they can take .
i was -,000 in debt. ,000 (with some random ). i'm almost out of debt and have several crypto accounts over 10k now. small amounts is key to succeeding in crypto, when you're poor af.
this should be no surprise. if you trust the media. to tell you step by step how the people they report about got rich you are a fool. they never tell you about the exact circumstances and the work people had to put into. also, if a trend breaks mainstream, it is already too late to invest. the relevant players already made their bets and cashed in by then. so it’s often a pretty good advice regarding to investing to just do the opposite of what mainstream media tells you to do.
yeah, it is probably been like a decade since you could turn pennies into millions. but even then you still have the adage that time in the market beats timing the market. if you want 1000x gains, you're looking at many years of saving your sats.
someone please put me in a coma after i buy some small caps.
your post is mostly true, but not entirely. i put 600 dollars into evergrow coin which is now worth about 32,000. i could have sold the peak when it was worth 50k. i got in very early, but not even in the presale. if i would have got in that it would have been worth about 250k now. did i get lucky? hell yes. could i had made a lot with less? yes. 100 dollars would be about 12k at the peak. pick good projects, with tran pp are not teams and get in early. is it still risky absolutely. but the payoff could be huge with very little investment. people did the same thing with shiba inu. 10 dollars turned into 50k. safemoon too. a few hundred into a few hundred thousand. it can be done. evergrow coin is popping right now actually. check it out. generates passive income for you too. .
i invested 3 grand in crypto made 100- you need more then thousands. you need tens of thousands.
“takes money to buy whiskey.”
this is the same with any investing, not just crypto. it’s about percentages. everyone in the same security for the same time period gets the same percentage but the real world doesn’t run on percentages, it runs on .
as long as some people make millions at the top, i’m sure some of their crypto wealth will trickle down through the economy to the rest of us poors.
i believe that anyone will understand this truth. no matter it is nothing, there is nothing for nothing. when the pie in the sky happens, only reciprocal efforts can be rewarded. high investment brings high return.
sad part is that many people in crypto have the means to make themselves millionaires just by betting it all on btc and eth. they're just too scared or too caught up in gambling on options, margin and shitcoins.
where do i invest? which app?
also if you’re chasing after millions you’ll have a lot of moonshots that miss. sure bob made a million of xyz coin but he lost fifty grand on a bunch of coins and nfts before finding the right one. unless you’re evergrande the loses don’t make a good story so you never hear about them
sort of. if you just got in, sure. however when i first got into bitcoin i was mining .065-.08 bitcoin a day with ,400 investment. i made several thousands in 2013 but could have been a millionaire had i held my coins. i sold 1,000,000 doge coin for . at peak i could sold that for . it was possible just probably not anymore.
to be fair, i put 20k in stocks and still don’t have that turn over yet (it’s been about a year). it takes a lot to do, that’s why it’s in the news. no one wants to advertise everything they have lost.
i thought 80% of bitcoin has not been moving
remember last may? that’ll keep ya on your toes!
i put hundreds in and now i have thousands. those thousands may turn into more thousands and then hundreds of thousands, and then millions. it is not likely but it is possible. very few people realistically expect to get rich off of crypto. it is like making it rich off penny stocks. you only put in what you are willing to lose.
to invest and earn good profit, we should have good backup to start with.
you have to have money to make money and sometimes you can get lucky so always only invest what you are willing to lose!
this is where luck overpowers worthy predictions and looking into what grows
that's right but if you do this crypto trading with good strategy then you can make millions from even .
. amazing project and a lot of utility actually if you dyor. 700 million marketcap so a lot of xs still to come. doge and shib are over pumped now
600k from . it’s possible
these threads are stupid and only make sense if you just started investing in 2021. i been putting 400. all sitting on my ledger, i’m pretty well off now and in 2015 i was broke working at a warehouse .it’s not about the money , it’s about timing and when you got in.
most people are inexperienced traders and are most likely making the wrong moves while not having a lot to begin with.
i read bitcoin started out free for early adopters and went to 8 cents next day...
i cannot help but think tht the 1%'ers are betting on people with smaller btc holdings will sell when the prophits are tempting, so as to one day make it impossible for the rest of us to ever be able to buy in for any sort of potential gains ,so hodle as long as possible peps or else it will just be the "same song, different verse" concerning all things fiat wise!
>i am sorry to say but to make serious money in crypto, you need to have a lot of money invested and not just a … thanks for your concern, i'm just starting my crypto journey and honestly i'm not ashamed of my little beginning, i started with , i was able to sell some early this year and bought few matic, rin and pkr. my pkr is staked on ethereum network and this will earn me 121% apy. it only takes patience to be profitable in the crypto space.
it was possible with shib if you invested in jan 2021
absolutely agree. i seem to remember snoop dog dropped 300k into doge on its hype run when elon was playing puppermaster with it on twitter. easy quick win for those with big wallets.
if you have millions it is very easy to make more millions. if you have a few dollars its very easy to make a few more dollars.
and if you really want to earn huge amounts look for some type of ceo position. seen some of those guys getting + an hour lol. kinda makes my job feel worthless.
i accidentally purchased , it is now worth ,000...lol
i started off with nothing but my pc with a (280x), mining every coin i could find, it was non stop back in 2013-14. i now have an 8 figure networth, so it’s all about timing and correct allocation. i am not a btc maxi but most of my networth is in btc (fluctuates between 70-80%) as i’ve always converted my shitcoin gains into btc.
people are making a profit, because they take a chance and then another and another and so on. it's an accumulation game. over the years, the value grows and can reach a point, where the portfolio grows by more than you're adding to it. that's when the real accumulation starts.
you gota move big money to make big money
most off us are late to the party as in the 100% gains. those people that spend 100 dollar back then and now have a shitload off $, they paved the way for us to get into crypto. now most success stories are from people that were already wealthy to begin with or the early birds. ' i dca every breadcrum i have into crypto (the big ones no shitcoins) and hodl for staking and hoping they become worth more overtime so i have a solid emergency savings just incase and from there hopium towards a good filled pension wallet. most off us will not get rich off crypto but it will make our quality off life a lot better compared to everyone not onboard with crypto till its too late and the prices no longer fluctuate and stakings are a thing off the past.
getting more knowledge and patience will earn you more money in crypto
yeah it’s all bullshitbjust people with money getting more money, i mine 40
and also whales, the ones that can spare 100 dollars on an early project on the internet and several years later realize that it is now worth millions probably were well of before crypto.
with a few . if you re-invest that during bear market, you might be able to make 5 figures. rinse and repeat.
everyone talking about crypto being people's money, well it was making some early investors among the regular people (well off) insanely rich because they believed in the technology. crypto has come to a point of pure speculation mixed with market manipulation. beautiful
we all follow the same chart, so it is about % gains which are the same for everyone (not taking into acount at which price you bought). so if two people buy at 40k, one invests 100k and the other 100 dollars, at a price of 50k they both gain 25%, but the first person has gained 25k and the other 25 dollars. but it goes both ways, so if the price goes down to 30k, they both lose 25%, which means 25k for the first person and only 25 for the second. the more you invest the more risk you take, which means bigger gains but also higher losses. so be smart, do not be greedy and only invest what you are able to be afford to lose and be happy with the % gains.
obviusly if you have money to buy or invest you'll eventually get millions in return.
bro. i was talking about bitcoin before it was 0.01 and laughed at fools. now i regret it. at the time i had 100. ur logic makes no sense. invest smart and you can make lambo money.
it’s entirely possible for someone to be lucky enough to throw their first ’s and then pull it out and do it again and again, turning . possible but insanely improbable.
it really doesn’t take much money. you could have bought cardano for a penny 4 years ago and be a millionaire today. the real key is to accumulate and hold for 3-5 years
people still make lots of money in cryptocurrency with just less than 10k as there starting capital
the best way to make money fast is to increase your salary. sounds a bit absurd but it’s true. it’s likely that the effort it takes to increase your salary is the path of least resistance. invest your time into learning a new skill that you can use to get a better, higher paying job rather than losing your time playing video games. then at your new job, negotiate aggressively and keep learning and finding ways to make yourself valuable to the company. if you can make yourself valuable, they won’t want to lose you and you’ll have strong negotiating power. you can also make companies battle to have you with better and better salaries and perks. this is the best way to start getting your money up. also, cutting costs that are unnecessary. being more frugal. you should be frugal relative to kinds of money you’re making. rich people are frugal too, it’s just that, spending a few thousand on a coat to them is completely inconsequential to their money. you need to be doing the same for your spending and only increase your spending as your earning goes up. don’t invest in crypto, make 10k and then go spending 5k. make 10k and spend 500. stuff like that. it’s all about keeping your running rate low compared to what you’re making. when you’ve got more money to invest then you can start making big gains. 10k earlier in this bull run will have already turned into 300k in some cases. that’s serious money for most people. 10k is a lot to most people but it’s not life changing (for us in the western world anyway). 300k on the other hand…that can seriously alter your life path forever. you can definitely make a lot even starting with , it’ll just take many, many years. much faster if you find other ways to ride the amount you can invest.
thats true but being poor you need to start from somewhere , dont be on the sidelines complaining, be proactive, educate yourself and keep doing it everyday, knowledge should be your first priority because with that alone you can make loads of money, the money game is very easy you just need to study it and take it from there. my best advice read a few book about crypto, money management, investments etc, stuff that you are interested and you will see a massive change in the way you see and understand the world around you...
would it be possible to invest into making those thousands while learning the market to later invest into making the millions?
you need money to make money!
i know that i didn’t invest a lot in dogecoin a hundred here in there when it was a .0025. i already cashed in for 100k now own 1k shares of amc and 300 shares of mara as well. did i mention i’m a first time investor. shiba is the next big profit margin good luck
i think it is possible but people too often confuse “luck” for “intelligence”. technically, anyone can buy a winning lottery ticket. just because someone made a fortune on a certain project doesnt mean it was “a good investment”. maybe the moral of the story is to diversify.
and then there is me, making thousands when i had millions to start with (h).
this is true, but i guess i do not understand what you want. hoping to make millions with no money, no effort, and no risk does not seem like it is ever going to work. with crypto, you either need money or you need to be smart and able to identify quality projects early (high risk, high effot).
could someone define "serious money" starting levels? i would like to know if i qualify for any range of serious money.
seems like losses are thisproportionately weighted against little fish too. like when i missed out on the shiba wave and the nucypher wave, but chased those spikes i lost about, or 1🐟🐠
rather than aim for millions overnight, keep in mind that holding crypto is historically a stronger position than index funds're beating the inflation of fiat. the thing about cryptocurrency is there is still a lot of uncertainty regarding regulation and potential among the public, while there is an extensive list of use cases for it already, adoption is key to it becoming big. that being said, coworkers and even my grandparents know what bitcoin is now, so we're headed in the right direction. just stay in your lane and do not worry about other investors.
people are making money because they got in early on a project. it's called first mover advantage. bitrise token is a good example. bitrise is a crypto engineering organisation focused on blockchain technology products and audits solutions, bitrise token holders also benefit through static rewards in bnb into their wallet for holding and our smart contract also has a buyback function which helps in the price growth of our token and makes it more scarce.
i'm not expecting to get rich in 6 months. if i can add a zero or two to my bank account at least, i'll feel like i've won.
depending on location and availability. you can start trading from the home screen. hit trade and see what's available for you.
do you mean you cannot access your app? or does it show any error message? try first to turn of your wi-fi and turn it on again and then relog if the problem still persist i recommend you to contact our support team here :)
it’s called laundering money. someone makes 20 grand selling small bags of happiness they throw it all into dogecoin and it does a 50x. now they’re on youtube telling everyone they are a dogecoin millionaire lol never mind where the money originally came from.
thank you,sir for letting me watch
our lucky day congratulations to us all
i do not need any moon to increase my coins any more. shib already did
i was in daze and in the meantime extremely cheerful, thanks for the blessing team shib
turning several thousands into millions is quite astounding. i mean people that invested their stim checks into doge and sold at the peak would have gotten over .2k or something. if you have more to start with then it takes less time to get millions. if you got in early enough then time could substitute for thousands. my friend started mining near the start as a curiousity as a kid. his equipment was . that was at a time when he said he got 50btc at a time. he said he mined over 40k? not sure how accurate that is but that would be worth over . he's got less than 40 left though as he had to sell them when they were . his parents tried to get him to stop and he said he was running at a loss to mine at some times. he's stopped mining for years as he says you need decent equipment to make it worthwhile. he is not selling what he has left as he simply does not need the money. he worked smart and more or less does not need to work if he lives a pretty modest life. people have gotten airdrops of stuff like uniswap and nucypher, wait long enough and they are worth some nice change. don't be thiscouraged if you invest only a little, especially if you are young, you have time on your side. time is something i do not have a lot of so my goals are more modest.
some people are never meant to make it... it's truly sad seeing such a cambrian explosion of innovation in crypto space and absolute money that is pouring in and yet some people, although knowledgable of it, fail to ride the easiest wave in the past couple of centuries. can't tell how much i have made, but i have definitely started with 0. you see? absolute 0, and crypto space has changed my life and the life of my family forever. cheers!
it’s a well-judged fact, no doubt. as one has more and more exposure and invested heavily in various protocols, the outcomes are bursting. i’m holding on videocoin currently as featuring tremendous opportunities upon cash-based and genesis-pool staking!
yes, this is right, as more powerful investors have numerous advantages and perks over low-cost investors. if you invest a significant quantity of money, then you have a chance to reap the benefits of crypto trading in a real sense. however, supraoracles has quite impressed and occupied me at present, linking real-world data and securing smart contracts of financial markets.
especially when they have capital and they invest in good passive income projects like cometh or axie where they enjoy playing games and earn in the process. love it when a crypto journey is smooth and led right with good capital.
coinbase vs others i was wondering which platform are you guys useing to buy cryptos really early on? let’s take shiba since the hope is up for this crypto atm, where did people buy this crypto in 2020? coinbase just for it for around 1 month ago?
have you heard about gengar token, already launched and listed on uniswap. do not miss out on this one. dyor
poor ppl state of mind lol
it's like home ownership. those enjoying the home value surge already own a expensive home and continue to just keep buying up on new homes.
build a well-founded reputation in the crypto space with coreto. this is a great platform for your crypto journey. dyor.
does any one know where i can buy kda crypto at i ask this question and five places they erase my question whats up.not on coin base .robynhood .webull .where any one cat dog mouse human please holla back of yoy have a clue google shows 2 places but they do not do usa when i put my zip in
glq graphlinq hi guys, i’m here to inform you of a gem that can easily 10x. it is . it’s currently sitting at .037. it was at .019 two months ago, and it’s going to keep rising. its going to easily hit .10 by the end of the month. and can hit .30 with this run. i was in the stock market and was holding well over 550 shares of (mro) marathon oil stock and i sold all of it and put it all in, on glq. hope you guys check it out and get some success off it!
totally agree. simple math tells already a story. if you make a 100 times return on your invest - which is not so easy, atleast for me -, then you already need 10.000,- initial invest to make just 1 million... there will always be the lottery ticket stories, but there are always more loosers than winners in this type of stories.
it’s not hard to make a couple thousand dollars
i have a whole . fat fire!
that's just the thing. like i was planning to enter the spdr nest staking with 40% apy for the main purpose of not selling the token until i saw people getting weekly rewards even more than my stake.
i definitely agree with the term “you need money to make money”, but don’t forget about all the folks that started with very little and compounded small gains! i put a small investment in quid ika 3 weeks ago and i’m currently up 300% ===. you get the point. find something you believe in and put what you can risk to lose in it and be patient. good luck all! quid still cheap btw!
this. i get tired of all the posts of peoples accounts with ! u can turn hundreds into thousands, and then thousands into tens of thousands and so forth, but your one time purchase for .
there's a nice joke that sounds like this \- how much should i invest in crypto to make ? \- .
i made . which color lambo should i get?
i turned my coinbase earn + bat from brave into . started at the beginning of july, and still have not added a payment method to any exchange.
my coinbase rewards reached , pretty good for free moneys
give it a year or two and you may make tens of dollars.
. substract transfer fees to and from your bank of origin do that for a year i guarantee you’ll have three bucks
i made over . i did all the ones offered early before things blew up, converted them and played around with it etc.
cb learning made 30 quid into 180 quid.
if you'd invested 100 in bitcoin in 2011, you'll have several hundred thousand dollars today - that is the math that is driving some of the narrative around crypto today. unfortunately, the periods of insanely explosive growth are probably over and we're more likely to see tapered returns in the next decade. probably still outpacing traditional financing as moves from the latter to the former, but still not the type of returns we saw for the first decade.
on a positive side, as you earn , compounding those gains will give a huge boost over the years
not being forced to take cash out of your investment for living expenses or emergencies is huge too. it’s possible to exponentially grow a relatively small investment into truly life changing wealth in this space over time, especially if you’re doing a little more than simply dca to maximize profits, but every time you have to cash out, you’re kneecapping your portfolio’s potential to grow.
some things never change. at least we have a chance to make it with crypto.
crypto was my chance to start making some money from little money. now i feel like i can at least have a shot at making money with the money i have from gains... it's all relative though. i feel like i need 3x what i currently have to really be in a real investing position. it's a grind and hopefully the market continues to grow over the years.
and if you don’t have money all you really need is time. some of us have been here over a decade.
this applys to business as well. always need to invest to see returns.
this opportunity right now in this bullrun is your stepping stone to make that money to make more money. only fools miss this opportunity.
that is true, but it does not have to be . i'll let that marinate =)
yep, the key is to taking profits and reinvesting profits back during a bear market
i realized that while high with my friend when we were like 16 coming up with ways to become millionaires. we had a bunch of good ideas on paper but i soon gave up when i realized i needed money to make money, i was lazy and the minimum wage on my country is like 12k a year.
to be a millionaire you first need to start off as a billionaire
it's also possible to win the lottery.
you got to speculate to accumulate.
exactly, i made , if i would had 100k in i would have a million. the more money you have the more you can make.
whoa never thought it was like this. i made too many profit, i"ve got .
guess that’s why its good to speak in % everyone is on an even playing field
as much as that is true, the power of compounding interests is a good one.
this hit me right in the feels
time in the market>timing the market. yeah, whales can just enter in and swing their big dicks around rn but there are plenty of crypto investors that have been around for years and have grown their stacks throughout. this doesn’t just happen in a matter of days. unless you degen into some shit coin outside the top and luck out
i'm going to need you to explain that again but slower
yes, 1+1 = 2
this guy is kinda smart
the hero we needed!
wait i missed that. explain it again slower
it's easy to make your 10k into 100k but it is hard to make 100 into 1k.
*"the rich get richer!"* that's usually a statement of fact, not judgement. why? 1. they know how or have learned how along the way to getting rich. 2. math!
in fairness... if you put
growth? its pure gambling and not investing (coin holding that is) its like putting your money on red and calling that growth.
even with 1mil you will still succumb to the market that does not forgive the little ones. the good investment is in the futures market, this is profitable, but you need to have courage and money because the movements are strong and the weak ones are liquidated.
somebody get mensa on the phone
the rate of return is the same. investment success is measured as a percentage, you do understand that if it was a losing trade the opposite occurs? so, the more wagered, the more cash at risk, the bigger potential cash profit and the bigger the potential cash loss - the percentage is the same and the performance is equal.
if you invested in half a bitcoin in septembers dip (20k), you could withdraw 4k to spend and still have 20k worth of bitcoin. most people in the world could live off of 4k a month.
low starting capital is why so many people go into scam coins with low market caps. because they need 100000% increases to get rich.
ok, can you do the math for me for the 250,000% that it has gone up since i started buying in?
the gain is as relative as the loss though. objectively, losing ,000 of that ,000 - once again, regardless of where you are. making money is far easier when you already have money; but at the same time, the risk is far higher. whilst there is an argument that people who have that much money to blast on crypto wouldn’t miss ,000; it’s not exactly true as you can buy much more within the shared economy of those with , therefore the loss is still more impactful than one would assume.
that's why people will never ever stop putting money in shitcoins 100"easy". now you have 1k to throw around without feeli g guilty cos you are "broke" you get lucky again and you have 10k. if you loose...you lost 100"technically". it is worth a shot now put 10k into btc but that is something plenty of people here cannot understand for some reason
imagine putting 1,000 into one of those alt coins and seeing it grow by 5000%
ah my portfolio. *i meant the second numbers*
what's 100% growth of ?
100% growth is still insane. if you compare it to the s&p500 compounding, it’d take like a decade to double. in crypto that’s a good week.
it’s more likely how much you can afford to lose. if i had 100k in crypto i would go insane losing 20% of it
aka you need lots of money to make lots of money
wow. i was not sure about this when i first read it but after spending a few minutes on my calculator, i think you might be right.
are you scott steiner?
don't understand. i'll just keeping dcaing
but 20 -- shmart
alright matt daemon... sheesh!
this guy breaks hearts
and 118,000% growth of , well ,800. your entry point matters. you’ve got these late arrivers, as we are getting closer to adoption phase, thinking they are going to still be making those percentages. and not only those percentages, but see them overnight.
i’m gonna need you to show your work.
i too fall prey to feeling like i am going nowhere because i have only started this a few months ago and my gains are really small. its really thisheartening but then i remember i'm not in this to get rich and i remind myself not to get greedy. on the other side of the spectrum alot of crypto millionaires lost most of thier assets to bad investments and leveraging. so all in all, i think i'm in a good place. there's enough wealth for everyone in crypto.
unless you took that . then in the next ~7 yrs from now you might become that millionaire
everyone has to start somewhere.
and also you don’t want to invest 100% of 100k in cryptocurrency if you only have . cryptocurrency is still pretty speculative, not a safe investment, and you want to diversify. so if you have , then sure. if you’re trying to have a relative safe investment strategy for retirement, putting all your money in high-risk-reward investments isn’t a great idea.
they say timing in the market matters, maybe the growth increases to 1000%
has this be confirmed? does that math check out?
dca over at least two bull runs.
except bitcoin appreciated some 191,200% since 2011. you could’ve had like .
starting with 10.00 if you double up 20 times you have over a million dollars-
thanks for the breaking news
yup . my moonshot it’s hopefully my -200 shitcoin stash turns into 5-10k then do it again with like 2k and keep 3k for reinforcements
you do not need to invest 100k though. 5k is fine - if you are prepared to wait. in bitcoin preferably.
pure maths... something we dont know?
play it right follow the trends you cannot double it everyday until you are bored of doubling!
whoa now, slow down professor!
as someone with a finance degree you’re supposed to look at the percentage and try to keep that going. doesn’t matter that it’s just
that little investment is going to be really good for the youth.it's their party bro lol.
capital gain tax is the hand brake. if your starting capital is 1000€ and you manage to double your money every year for 10 years, without cgt the profit is 1 mln € at the 10th year, but with cgt levied at 35% the gain drops to 150,000€. i made this spreadsheet:
how much is “moon” in percentage?
if you have 100 shares every dollar it pumps is 99 because of the buy sell spread.
and 8000% of . 2015 to 2017 was an 8000% run. this was the ultimate moon run.
and 100% of .
he did the math.
so 100% of ?
i've had to double check this with the experts, but the math does indeed check out. very thisturbing.
unless you bought btc with .
what does -200% growth give me?
this is valid if you bought bitcoin last year today, except if you bought eth you'd be up 400%, ada 1100%, sol 8500%. 100k to 500k, 1.2m, 8.6m. but to be fair to ops point, most people do not have 100k to put into 'riskier' coins. , ,
10% luck 20% skill 15% concentrated power of will
they are both up %100 percent at the end of the day...for a person in a poor country to be able to double ,000.
how many times do you have to 2x your money starting with ? 11 times is all. even if you do not have 100k in the bank, and all you can afford is , it is still one of the few chances at getting rich we have. i will say with only , use leverage (do not) or get in a microcap project that 100x's to really make it worth it though.
ok then genius. how about… what is 100% growth of .56????? think you’re so smart…
nothing made me sadder than getting an alert that one of mine jumped to +189%, then seeing it was one of my - throw it in and see what happens buys. but hey, still better than losing.
that’s why you should only risky invest-10% of your net worth. losing ’re worth . losing , even if worth ,000,000...
not true. the key is investing early. if you invested early then that 20. do you think people who invested in btc or eth early pile money there? no. investing early is the key because as you invest money on something you become interested on it then as you become interested on it, you learn more & more & more. to help you understand easily, a very good example is axie infinity, that same amount of ’s unachievable... you asked why? you already know the answer 😊
i feel the :(
sad that someone can enter crypto today and can have more gains than i by the end of the year. no matter how much i research about crypto and study charts everyday. i just do not have ,000 to invest
exactly which is why retail investors do not know when to take profit, because to them they just made 10 more dollars but are hoping for 1000
10 buck now 10 next time and see you soon at next level
i do exactly the same as you.
totally. i you decide irrespective of anything 5% of your monthly salary is going to savings then thats it. this is the way.
yep, started this 4 years ago and yes, it definitely works with small amounts. 4x12xsmall gets pretty big if you put the gains on top.
yeah that is right. it depends on you that how you do savings along with earnings.
all my money above my emergency funds make their way into investments. it's nice when my money got of their lazy ass and got a job.
you got this man, future yacht owner over here
congrats on your progress
having an emergency fund is life changing in terms of financial stress.
every time i buy ’m depositing “savings” account. i try to buy 50-100 as often as possible. over the long haul it can really added up.
same for me, although it helped that the pandemic made me spend less money anyway, and i also got a promotion and a couple of pay increases that made it a lot easier for me to be saving. now i save a bit of cash every month and put some into crypto. just this year i now have more than i've ever had and no interest in spending it like i would have in the past
i think this is more important than making millions. we may not all have the chance to make enough money to completely accomplish all of our dreams, but crypto is a great chance to earn as much as you might save through your regular job in 5 years. all the money you make is money you would otherwise not have, and it is important to always remember that a few thousand dollars of profit can change the world for some of us. it's all relative.
this. even with small amounts, the whole culture of ‘diamond hands’ and ‘stacking sats’ reinforces good behaviors when it comes to money. save, invest, don’t be over-reactionary, have thiscipline, etc. watching your little portfolio grow is an extremely satisfying reward mechanism. crypto has led me down a personal finance rabbit hole that extends far beyond just buying crypto and hoping to get rich.
same here, instead of buying a new iphone i put the money into crypto each month. i cut back on lots of these “want instead of need” expenses and it’s amazing how much i can save, this is a first for me since i’m very impulsive.
this. if you can turn 100 into 1000, you can turn 1000 into 10,000. always be looking for the next project, if you reinvest, you are not liable for the gains.
dca ftw seriously, my aunt gave me . instead of just buying at ~, i bought -, and her average price was ~,500.
cant stop us now
if someone is an adult with no kids and cannot save 'd start worrying about sorting out their life rather than putting money into crypto tbh
unless you lost your wallet for 5 years, 99% of people were not going to have held until now
staking was virtually unheard of in 2018. now it is as easy as booting up a phone app. i'll be very interested to see how well it holds up during a bear market. could be life-changing for many of us.
same! the only time i'll be taking profits is atleast a couple of years from now (not even sure of that either).
if it was 20k, in your position, you wouldn't have made the same decisions.
i’m assuming you had way more than 50? even if it was all the money you had it’s a lot easier to gamble your entire life when you have nothing to begin with. to be able to throw 20k into such a gamble you would need to have magnitudes more than 20k to start with.
thats why this post is useless af. imagine you hop onto another coin with that 10x profit. if you went to sol and then to shib you would have 50x'd it. wich would put you at a measly 25k as op desribes it
slow and steadily we build up, no one build rome overnight
hidden greedy man inside your heart treat crypto like overnight rich scheme
we can all lie to ourselves but we all want to get filthy rich. but people actually think to get that overnight or in 1 year when investing in crypto. that is absolutely not true. it will take some years, maybe even 20 years. so it is important to just live and enjoy life. crypto is not the most important. your health and family are.
i agree. i look at the crypto as a bear market - bull, basically the duration of one halving as a good time to build wealth. i am looking forward to the next bear to invest really low and wait for next bull to really make some proper coin. 5 year timeline.
crypto isn’t a get rich quick scheme, it’s a get rich slowly one. it can take the better part of a decade for a coin to truly establish itself, but when it does happen, it can feel like overnight.
really, most people who have held for 5 years consider that a get rich quick thing, lol if you get into dividend investing you know you are waiting 5-10 years for things to actually grow and the interest rates are nothing compared to crypto.
it’s not just being early but having the guts to sit on it through the ups and downs.
imagine hodling that . would take some serious diamond hands. i bet most people would have cashed out below .
my girlfriend's sisters are here visiting and one of them is very financially conscious. her grandkids are around 7 years old right now. and she was telling me that she wants to invest in a crypto coin, maybe 100 a piece, and put it onto a cold storage medium and just hang on to it. and give it to the kids for their 21st birthday. i told her that is a great f****** idea!
even now is early enough to make huge gains with a starting base of just . even december 2020 was
if you did throw 50 bucks at btc in 2010 and somehow had the balls to hold until today, you’d have ,315,700 but it’s pretty thisingenuous to suggest that if you threw .128% return over 10 years. it’s a completely different space now with a lot more saturation. i think those days of gains are over. honestly, getting a 100x would be a good job over the next 10 years.
imagine how fucking smug you would be if you were still holding.
i do... and then mtgox breaks my heart later in the timeline
stop. no one thought anything a about bitcoin back then and it was not seen as an investment. it was fun internet money at best.
yeah - for everyone selling at the ath, someone's gonna be the one buying it.
>there is not enough money for all of us to retire early. you're right - someone has to flip those burgers. just be careful it is not you!
this! i just want to be a little more comfortable than i was before. i do not need a million for that (but would take it if it turned into this...)
yeah my 10x on 10
i'm new to this, can you explain what exactly do you mean by 10x ? coin going 1000% up in value maybe?
saylor seems to think btc has another 100x in it from where we are now in a 10+ year timeframe. you can still get rich with crypto. it's just not going to happen in months or a couple years like in 2013.
there is a level of courage and conviction required in this market. you need to make decisions and stand by them, without question, even if it means riding something down 80% in the process. further conviction is recognizing opportunity and cost averaging on the way down. without conviction, not a single soul can make it in this market. you need faith beyond comprehension. as for enough money for all of us to retire, this market has not even started yet. we'll talk again in a few years when btc flips gold, after 10 trillion flows into this market, and then we'll talk again when we start seeing entire global economies flowing through the blockchain at trillions a day. there's enough money here, and in the future.
you mentioned time at the end which is very very important. what i am saying is that the rich can make good money today instead of waiting years. many don’t want to accept this reality.
this is true. it's hard to get to financial escape velocity when you're having a hard time saving up a grand.
this year, i tried investing in crypto and investing in stocks. i've done way better in crypto. most of my stocks are negative, most of my crypto is positive. ironically, my best performing stock (iswh) is actually directly related to crypto mining.
question for you: do the crypto exchanges in your country have sign up bonuses? in the usa, if you have a couple hundred dollars, the fastest way to rapidly start growing that money is to hop crypto exchanges and earn sign up bonuses. for example, (for us exchanges) deposit . invest the . 2 weeks later transfer the . 2 weeks later transfer the . 2 weeks later transfer the . you'll have ~3 months (2.65x) plus the gains in actual coin value. once you've milked that system, then i agree with buy and hold. for those with thousands, the extra gains are not worth all the trouble. but for those who really only have -, this is the fastest way to start.
that's resourceful af. good on you man
fuck yeah my man! so proud of you.
"the market is a device for transferring money from the impatient to the patient." \- warren buffet
i wanna be rich
don't listen to the fud. you just need to get into nittiest, grittiest, shittiest shitcoin out there.
this life is pay to win that is not enough
being realistic, nope. but it is not impossible, if you managed to go all in before all massive pumps, then sell at the top and keep doing this… i think it’s not impossible, the compound is something interesting.
my strategy makes 10k with million
you would be surprised how well this works if you are consistent with your strategies.
how much do i skim off of profits to reinvest? is there a certain percentage number one should use as a general rule of thumb and a certain price percentage to look to buy back in?
don’t have to reinvest profits if i’m not taking out any
right now crypto is a game of 1000x gains which cannot be possible with any other investment
i have 12k invested and im pretty certain there is no way i’m going to make a million from it
first step to becoming a millionaire, be a billionaire
that's funny, i turned 100k into £380 this year...
i turned £200 to £210.
curious, care to explain?
good morning sir. i'm a hedge fund managing prince and may be able to help you lose...um...double...that amount
so you are the squid game winner
you are about to receive some pms.
£380 into 100k shibs
hey its me your cousin
heh, i put £35 into shib inu last week for not-thought-into-it hype giggles and got £100 . are we shib pals?
and they can afford the risk if you've got 200-500k to start it is easy to fuck around with 20-50k
yes, patience and a bit of luck 🍀
i purposely avoided that depressing fact
true, but very unlikely for bitcoin at least. 20x growth would mean 1.2 million for 1 btc, 24 trillion in market cap. right now gold has the biggest one with (only) 11.2 trillion. but it is possible for smaller coins. it's good to be optimistic but we should also stay realistic.
what you just said has so many layers and it hit me deep in the core. thank you
well, success story is like a click bait
this is it 🤣
it’s ok no problem! i see that your vault is not open (i don’t know if you can see it but there is 1.7k right next to my username) this is called moons, a crypto that is only earned in this sub. you can get paid in the crypto sub for commenting and contributing like this. if you want to know more, just type in moons in search on this sub and learn! it’s weird seeing people without a vault open lol
this is a reasonable investment strategy.
might want to turn off your dm's for a bit.
if your definition of money is pain and suffering, it absolutely will.
i made £60k shit posting on reddit lmao.
this guy gets it! it is all about being early!
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yes, but we are talking millions here. unless you when the crypto lottery with some obscure coin, it is going to take a substantial bag to begin with.
stocks are the new savings accounts
miners from wealthy families could’ve used the money to fuck their lives away, but they’re smart if they used the money in crypto
what does dca stands for?
yep. not easy to find them that early though.
now that is a way to go!
you a college kid? let me brighten your day a little. you have what most don’t and that is time. this is the world best asset. don’t worry you got this, this internet stranger believes in you. give back when you make it!
honestly i feel for you and guy’s with similar stories as you. question, do you think about this daily? do you think you would have kept the btc to this point had you kept the laptop?
damn man, i had a similar situation happen to me couple of months back. all you can do is move on
what is your strategy? which coins do you buy or recommend?
20 a week regardless
all the numbers in your comment added up to 420. congrats! 100 + 110 + 100 + 110 + = 420.0
you bought the wrong coin, it appears.
wow that is a sweet return which coin(s) did that for you?
you are smart because you went after some meme coins. i am talking about the general crypto space etc. you did very well congrats!
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here you go. congrats!
chrome with gold accents. just to show more wealth
i haven’t gotten that one yet!
i count that as a win.
plus 99%+ of people would have sold most or all of that bitcoin by today. having invested in the right coin is only half the battle in your scenario. not selling after 100x is the other half that basically no one would do.
wait are you telling me shiba inu would not have a market cap of 100 trillion by 2022?
there's also almost zero chance someone with 100. i think most people miss this with the "boy i wish i had bought back then..."
i don’t agree with us i think we’re about to see the biggest explosive gains that we’ve ever seen. think about it crypto is in the mouths of everybody. now big institutional money is starting to come in , banks are now starting to give crypto exposure , brokers doing the same thing. bitcoin just listed the etf they start trading tomorrow. defi projectsate going to see explosive gains. research projects find the best that there is buy a position and let it sit. don’t marginalize. defi itself it said to be worth 60 trillion as a sector in the next 3 to 5 years. it is also 5x in the past eight months. the first decade of crypto did not include decentralized finance. the opportunity is more now on the table than it’s ever been in my opinion
if you dont know what you are talking about better say nothing. no one i have read in this thread i’ve read has any idea of the potential money to be made in crypto. i made 50k in a day last week, 18k a week the week before. started with around 500 dollars that snowballed. how? reading and participating, spending 18 hours days in front of the pc just learning, talking with people and looking for gems.
true, but the returns on crypto are still ridiculously better than on traditional stocks.
i started earlier this year with nothing and dcaing a meagre amount and i’ve managed to pile up a bit. of course i’d have made more if i had a bigger initial investment, but for me the small stack i’ve built up is pretty great.
hopefully. i do keep having to sell every year or so and start again due to family emergencies. i’d love a nice clear run of a few years to let it accumulate but that’s life i suppose
> at least we have a chance to make it with crypto. the whole point of op's post is that, no, you do not. you have bought in to a dangerous illusion.
i felt this too much 📉
still gotta buy the tickets l, which are usually 100% loss of the investment. i have a friend with a gambling addiction, i used to watch him blow his entire paycheck on lottery tickets. got him into crypto and stock investments now, so it takes him a little bit longer to blow all of his money.
can’t wait to subscribe to his channel and watch his tas
big shaq. the one and only
at the same time it would take massive cajones to invest 100k into a meme coin that could easily wipe you out. even if you did have 100k to invest you might not be willing to make the type of bets that could 10x that investment because those bets tend to be high risk.
and if it went the other way you’d have lost tens of thousands of dollars instead of tens of cents. as i said in another comment, counting for increased losses is as important in this topic as is speculating if increased gains if you just had more money to invest.
the difference being that the person with 100k is not putting more than a couple grand on shiba. someone with .
you gotta have money to make more money that is how it goes.
yeah, and if you already have , putting 100k into crypto could be seen as a reasonable amount of risk, if the rest of the portfolio is safe plays.
so it was you who pumped the market!
thats how much i have mined atm :)
kinda requires you to have a big stack to begin with nevertheless.
powerful. so ready to put it to the test.
? they are both 10x.
because eth takes it all in gas fees before you buy the tokens.
those days are over.
we don’t look at it, that’s the only way to survive the crypto game.
me too. i try to look at it like a high interesting savings account. i started in august and almost have 1000 dollars saved up.
i do too! the more the merrier!
bad analogy. the choice isn’t to save at 0.01% a year or spend all your money. 401ks exist and safe strategies exist to make 7-8% a year consistently while not having to worry about the crypto market crashing all the time. to be clear, i’m not against crypto. i’m against being 100% crypto.
hmmm very well said! i don’t think i’ve ever gotten excited about something so far away into the future.
i do 10% into savings and budget around that. only had to tap into it a couple of times; once to pay off some debt, once to loan my brother some cash. for awhile i was also putting 10% into investments, but i am not a good investor obviously, because i lost a couple grand over the year. done much better with crypto, in that i've made a profit, but that is not saying much.
we are still early in blockchain adoption. keep dca, and expand into eth too. timeline should be at least 5 years, but tbh... look out closer to 10+ (and defi is already to where you'll never need to sell, and can live off yield or loans from your stack as collateral). blockchain can be compared to early internet pretty closely so far. for perspective, we would be at the emergence and beginning adoption of http protocol, or roughly 1993-94. we would still be considered the era of web 1.0 there is still soooo much more growth that will be had. choose your coins well and hodl. dont ever stop your dca.
yeah, staking and lending have not really seen real action in a bear market. the rates are extremely attractive at the moment but will it stand the test of the next 3-4 years...
do you have any fears of staking losing prominence in a bear market?
>i'll be very interested to see how well it holds up during a bear market. i do think this is a game-changer for the crypto community during the bear season. it allows folks to borrow against the value of their staked assets in the case of a lending protocol while, for proof of stake networks, there is the place of passive income for these holders.
gains are gains mate!
only need to compound 2x gains like 16 times to turn , need some lucky picks but its theoretically doable.
amen. i like to say the same to people. if i would have gained 100%, that is 40k, id take my gains. only a madman would wait for 1000% with 20k in (if it is only money you got ofc).
i had 3000 btc at one point. it's a whole different ballgame when it is $.50 my original investment strategy would have netted me .5b. if i ignored my investment strategy and held them all through when it hit . i panic sold when it hit , because what was originally just .
yes, exactly. i had more money, but i couldnt afford to put it in crpyto at the time. i was saving money for my education.
hidden greedy man in me has been thisappointed many times 😂
definitely. invest in projects with utility with the intention of long term investment. right now i’m just enjoying my staking gains and i’m hoping my coins increase in value in the long run. steady growth is better than p&d
even people who are not investing at all would _like_ to get filthy rich. that's still not why a lot of us got into crypto in the first place. if you've got high hopes that is fine, but i'll still be happy if the market is now saturated. > "bitcoin is not a get rich quick scheme, it is a do not get poor slowly scheme." - jameson lopp
i’m dcaing now but when the bear market comes i’ll put in more and stake.
the downs wouldn't be much of a problem but hodling through all those gains would have been really difficult.
i think it’s about goals…. some ppl don’t know what they want to do with the money other than “become rich.” i have goals that i am not pulling out until i hit a certain threshold towards those goals… that doesn’t mean i don’t sell anything, i still rebalance my portfolio as needed, but it stays in the markets (crypto)
it’s not that hard… i consider lost all the money i toss into crypto... so drops mean nothing to me, i just hold. i’m here until millionaire or zero. this opportunity will only happen once in history
or just forgot how many they had like me, lol.
100k? most people are out after 50% return in 2010
long term(at least 5 years), yes, short term(1 year), you cannot transform that 100$...i'm looking at egld,cro which are performing ok but they are not having that 2x boom.
i heard of an 85 year old with 3000 coins he bought 10 years ago... from a guy who has 10 coins at
yeah btc was not something valuable back then, mostly something to buy weed on silk road
i'm hoping androids will do those jobs not too far from now.
make that 're sort of on your way!
so why do you only have ? if . life changing doesn’t mean lambo. it’s the difference between scraping together or having the ability to 10x your money and downplay how amazing that is.
they just start with a head start. that doesnt mean its impossible for others
i appreciate it, thanks alot!
yup i threw 50 bucks in ocgn and nakd, they went up to like a few grand each, cashed out lol. sometimes you win.
, only they are usually on the impatient side of the equation.
or they could make their own. it has never been cheaper to make a shitcoin for people to gamble on.
see if i had a million i’d stick it in anchor protocol earning 19.5% apy and live off the 200k a year
set a realistic percentage of how much profit you hope to take every year. keep in mind even 10% beats most investments out there. reinvest everything above that. if you dont reach it, dont take anything out. not the only way to do it but it does 'ensure' you at least see some tangible results from your investing instead of simply seeing numbers go up and down.
it’s our generational buying opportunity. it’s literally the gold rush or oil boom…and we’re all out here trying to be the next john d.
1000x is mostly unheard of in crypto too. if that’s your standard then you’re gonna be very thisappointed. be more realistic. 50x is possible but hard to find. crypto has many 10x opportunities tho.
i've turned 4k to 19k from january this year. i've just taken some profits and back to 15k. if i do half as well over the next 10yrs, even accounting for bear markets, a million is not unobtainable.
10x is more realistic... but if you hold it for 10 years it becomes more probable
you can defiantly make a milly off 12k in crypto. you have to be very lucky, but it is possible.
. as others have commented, getting to one milly is not just possible but probable. **you just need patience and 2 cycles**. for example, if you'd started any time before 2020: * btc: 10x from 2020 to now gives you * btc or eth in the 2024 cycle, a 10x or 20x should be do-able. bam... one million. be patient. 2 cycles.
only have to double it about 7 times lol
if i invest 12k, i will be walking out with 4k. i do not know why that keeps happening. buy high, sell low is what we are supposed to do. right?
12k in a bear market you could easily have 1m by the end of the next bull market if you play your cards right on the way up.
not when you're investing in top 50 coins. you need to find a low cap project with lots of potential. i personally think investing in a launchpad is the best way to make a lot of money. for e.g. enjinstarter. it's a gaming launchpad. if you buy into their guaranteed tiers, then you'll be able to invest in all their upcoming idos. and idos are where you make the real money. so yeah i would say avoid all those top coins and invest in a launchpad if you want to turn your .
easiest 380 pounds you made
i've turned my 200$
no need to rub it in our faces.
prof you're paying for dinner today
not hard, just takes luck. be in axs early or shib early or... and there is your 100k without much investment at all. 99.99% of the time you'll simply lose your money or break even at best though, op got really lucky that he immediately picked the right coins
by a bit of luck and some smart selling at highs and buying the dips. got in to a few coins early that took off and steadily added to btc and eth.
isn't it great that there are people out here who genuinely want to help turning those 100k back into 380k+?
this is literally a mathematical certainty! gold literally cannot even validate transactions! i cannot send you a fucking ingot and throw that shit like tom brady half way across the world and right into your pocket. but bitcoin can and it does it everyday! its fungible, a bitcoin in my pocket is worth the same in yours, and you can divide it to the 8th decimal so billions can use it. when's the last time you bought gold or used it as payments? when?! lemme ask you something, in your opinion why do you honestly think gold has any value? besides the fact that it is used in wires and other things that help conduct electricity. why should gold be worth 2k an ounce and why should bitcoin be worth less than gold? it makes no sense! if bitcoin replaces gold bitcoin will be worth 500k, at 1 million a single satoshi will have parity with a penny! people need to understand that it takes electricity to make bitcoin. every single bitcoin has a built in price for how much electricity it cost to make one. and this would not stop. every four years it needs more and more due to the halvening. what do you think it will cost to make bitcoin when it is at 3.125 every ten minutes in 2024, or 1.5625 btc every ten min by 2028? by 2032 0.78125 btc will be mined every ten minutes. do you have any clue as to how expensive it is going to be by that time frame? just look around you, everything is getting more and more expensive because of the expansion of the monetary supply. we're just printing this shit like zimbabwe. housing, rent, food, shit just look at the prices of cars! the dollars in both of our pockets are going to shit. yet there will only ever be 21 million bitcoin and its likely that 3 million are permanently lost so the supply is even lower than what we're lead to believe! even gold is still found each and everyday. 1 million within the next 10 years is certain. btc will reign supreme as the world's reserve currency within the next 15. just wait, you'll see.
thx for pointing this out. i just opened my vault. appreciate the advice.
not true if you get in early, i mean hate to state the obvious but look at shib.
yeah right... that is because you have to go deeper then the exchange ...you have to become a miner or get involved in the blockchain ecosystem ...lot of wallet lots of pass phases lot of screen time ...it is actually the work involved for early users... but i agree it is difficult to understand and incorporate yourself into something you do not understand ...that is where most of us our...we need guidance from guide to get started early ...
my goal is to open up ethical and environmentall conscious businesses and donate to autism awareness charities. my brother (11months younger than me) is severely autistic and he has been a big motivator for me to want to be the “change i want to see in the world.”
dam! i should have kept my bitcoin and ethereum in 2018, only had , but would be nice gain im sure. thanks for your answer.
get in early when a new token is launched by a team that is reputable and has a past. burned or lock liquidity is key as well. be careful though a lot of projects rug holders. high risk high reward don’t use money you can’t afford to lose. good luck.
i bought 3 or 4 months ago.
thanks but i’m not sure why you refer to them as “meme” i call them big % gain in a year should be taken seriously. you kinda sound like a bitter wall street trader made amc & gamestop investments are a horrible idea
12 each plus 5 shipping? what am i bill gates?
thanks for pointing this out, almost no one realizes this... especially after the multiple times it declined in value by 80%. anyone without the most insane risk tolerance every would take profits, especially after such a small initial investment that might indicate they are not in a position to "just sit on" life changing gains
exactly. i keep telling myself that if i had x amount back in 2013 and held it till now, yada yada whatever. but truth is that i would have totally gotten out after the boom in 2017-18 and probably never looked back.
i brought a load of bitcoin at ,000 regretted it ever since, takes balls of steel to hold forever
yeah i think most of us saw the post where you could have bought some crazy amount of bitcoin for . but buying 900 bitcoin for . but if yoir poor and do that and bitcoin hits , . and as it goes up it gets harder and harder. imagine being poor and buying 900 bitcoin for , . but if your already rich and buy 10 bitcoin for .
that’s why i told my wife, we are in till either 8 figures or zero….let’s go!!! also told her we probably missed the train on crypto but we won’t miss it if there is another one.
this is why dcaing out. ppl act like you either hodl or sell it all.
funnily enough, i made bank on shiba. i would not buy back in, but i actually made a few k being ahead of the game
yeah, everyone would like to think they would hate being the guy who sold his 10k btc for pizzas, but really, we are all that guy who will buy two pizzas.
wow, you made your first comment on reddit about crypto *after* you had already made 50k in a day?
i am happy with whatever i have …investing my 20% of salary
how do you like them cryptos?
this reminds me of that show numb3rs, this was basically there intro minus the hilarious dude.
chances are, if you can put 100k into a meme coin, you’re probably rich enough already.
just do it. risk your entire salary. and if it fails there is always the squid game as a backup option
shtcoins are shitcoins because they often lack liquidity. you often could not have made that huge bet and still been able to get out
i have it, and i’m afraid to gamble it because i’d be ruined
or it just takes someone who views 100k like 10 bucks.
i think that’s most people here
as someone who moved 60k ( 40k are stablecoins at 8.25%, rest are btc)into crypto this year from my savings you 100% correct , usually people who do that are real yolo gamblers or young with no dependents, once you accumulate decent sum of money you no longer need to take risks to get ahead , markets will take care of it even with average returns . the magic number from my experience is 300k , once you hit that point 6% real return gives you 18000 per year which is give or take minimum job person working for you. to get to that number you mostly need to save a lot of your income and have a decent career instead of buying 50, but people mostly would rather keep shit posting how coins are going to be their savior because it’s much easier . btc 1.1 trillion cap, eth 450 bil , it’s not small new thing anymore , mass adoption already happened by majority of big players , mass usages doesn’t mean token prices will be going up with 2020 speed forever , planing finances for future based on 50% yoy returns is dumb
except if you're elon mask and buy coins sneaky, twitt how great they are and than sell for the profit. xd
bingo. i'm moving shib gains to more reliable currencies. shib was, and is, a lottery ticket.
no, it was dave…
he is whale now…don’t trigger him he might dump
and i did only ~ (◉‿◉)
if you don’t have a big stack then your goal should be to grow the stack first.
you’re abided to work within your means, but defi and crypto allows you to min-max your holdings. that’s the story here.
he might mean that it is hard to invest a small income since it gets eaten by, well, eating and living.
i’m 28 now. 22 to 28 happens fast. i really wish i had started investing when i was 22.
why’s that? you studying to be a lawyer or doctor or something?
from time immemorial, lending and borrowing have continued to survive the market conditions, and taking a close look at the place of this sector in the ecosystem, has cemented its place. i'm sure that we will still see these protocols operating and even improving their rates to keep the steam.
i believe i was using celsius in 2018.
more that i am concerned that the volume will dry up, and with it the interest rates would likely collapse. 12% apr in the crypto.com app is very lucrative, but it is paid for with exchange fees. what happens if everyone just decides to stake their usd for a year and walk away?
10×(1+(100÷100))^17 = 1.310 720 but finding something that doubles your investment 16-17 times without ever losing it is extremely hard.
person 1: "how you get rich" person 2: "just double your money bro!"
if you stake them then it would be more than just tripling and you would be lowering your average buy
very easy, eventually you just yolo your .360 into an alt that will go 2x.
and that is only the decision on when to get out. the amount of money you have can also determine how risk prone you are. if you are sitting on 500k, you are not looking for a 100x, when a 5x can probably mean financial freedom.
first of all, congratulations, secondly in my opinion having a strategy now vs. having one when volatility was at its ath is not comparable.
we all know this far too well
i suppose i would add that you should not look too long term with projects. the longer the time horizon the more likely the project will either fail, be doa, or beaten by another project. don't go chasing pumping meme coins, but do not invest in a project where the payoff is many years down the road unless you fully understand the risk that comes with that.
i say impossible tbh if i was super early and i had a 1000btc and it was worth a 1000 dollars i wouldve sold it for a million, i doubt i would've held it beyond a few 100 let alone made it to a 1000 its easy with hindsight to say you wouldve held to now because you know where it is going, if you realized you had a few 100 thousand dollars worth of btc you probably wouldve freaked out and sold it lol
it’s easy to say that now but in the bitcoin beginnings none of us knew what would happen. look at greg. ! how could you resist not taking that profit?
the thing is that you have no idea what’s going to happen. i’m sure people were saying the same thing last year after only knowing about previous crypto all time highs. ,000 dollars. ,000. those are absolutely insane gains over a one year time frame and everyone would’ve called you a fool and ridiculed you for even suggesting those type of gains will happen over the next couple months back then. will it happen again? who knows. but i won’t be on the sidelines if it does, that’s for sure.
yep. trump syndrome. born on third base, and claim they hit a triple.
the irs hates it.
something like this is my goal. just in over a few months now but hopefully
is that from leaving your money in or are you taking it out to reinvest during a dip and repeating
you should get a hamster. this is financial advice
definitely! which ramen flavor should we get?
i've turned 600 into 4k by following that strategy but 100k seems a bit out of my reach. do you deal in derivatives as well?
some guys also won lottery, some won on sports betting big money, but most of us would not make that kind of money from 320£ . but gg for you ;)
you mean gambling, where the value is based on pure hype. you are better off shitcoin mining and selling whatever is the flavor of the month. for mining free coins like safemoon and shib, you can just create your own clone via binance for a couple of dollars and sell it to rubes. there are no shortage of idiots who will buy a million tokens unaware you can create hundreds of quadrillions.
he's got 1 cent left, just enough to invest in shib!
with so high money out of crypto, you are semi-bill
i lost access to my coinbase for 5 years so i had no choice but to hold 😂
"if you'd invested in amazon at ipo you'd have..." cnbc article...
it's not a loss either way. the smart thing would be to sell some when it spiked some 100x, but to sell all of it would be equally foolish.
i always hear people saying this but a lot of people refuse to sell it all. my only 100x was a small investment of matic. and i’ve sold between 1. i never have had the intentions to sell 100% of my investments
yeah if i had not spent it all on drugs i would have sold mine when it . no way i would have been holding it for all these years and spikes.
thats why i always sell only like 80% of given asset, leave the rest for uncle lucky
you would’ve sold after around a 3-5x. lol don’t kid yourself.
i squandered my first foray into mining gear and made out decently on the altcoin bull run of november 2013. i also did a sabbatical of sorts by focusing on a career change with no income but living on my stack until about 2017 when i picked up an actual full time job in the new career. then i regrew a stack. i never burned all the way through my first stack but it was really hairy during a several months, for sure back then! with those lessons and all the coin i've spent or airdrops i sold early (think , etc). i'm just stacking till i have a net worth that allows me to not sweat spending 10% of it (and that 10% easily funds my entire retirement)
there’s no point in having money if you don’t spend it.
dca in dca out doesn’t seem as common sense when talking about super early investors who bought in for a couple hundred.
same with dogecoin when it mooned. i quickly sold most of it knowing that it mooned from memes and hype.
loads shotgun... how about applesauce bitch!! this was a spoof of that scene, i cant for the life of me find the clip
yeah if it is the name of a crypto project.
"uhhhh...ya" "well, how do you like them **app**les?" *shoves his metamask account against the glass*
that's huge. most people are lucky to be able to do 3%-6%. that type of commitment will pay off for you just fine. stick with it. i got a 1 year plan and a 10 year plan.
compounding growth. maybe you do not ever make millions, but maybe you make 3.
unless you only have 100k and took years to get there… i would never accept that risk.
i practise by holding still on every red dildo on the minute chart.
exactly. liquidity is all that matters for a shitcoin
shib had 18 billion in 24 hour volume a few days ago and now has around 3 billion in volume. . but yeah only really doge and shib are exceptions. safemoon still has really shit volume in the low millions.
how do you get 6% real return without any risk?
charlie munger said: the first . he is right, after , the magic of compounding starts really taking effect, you can utilize less risky tools such as portfolio margin. at . i’d argue -risk and become smart about your investing strategy though.
> to get to that number you mostly need to save a lot of your income and have a decent career instead of buying 50 this is what pains me the most. it’s exactly the same as seeing someone who has worked shitty paying jobs all their life buy a lottery ticket every week. putting your hopes and dreams into a tiny chance event instead of working to make those hopes and dreams a reality is sad — they’ve had their hopes and dreams die on them, and that’s awful.
why are you only getting 8.25 on the stable coins? why not drop them in nexo for 10%
dave's not here, man.
even vitalik fears him
better than nothing, keep it up :)
plot test: electricity costs were
keep up the good work along with good strategies and signal you gonna get more soon.
over the course of many years.
very insightful, i guess it will indeed be interesting to see how things hold up. it may require more attention than set and forget when trying to ensure you're staking in the right place, and for the right %
just yolo 0dte spy puts right before the great depression, boom, gazillionaire. (please do not do this)
you’re right. i’ll be monitoring the projects and the updates they have. btc and eth are 2 of the coins i’m definitely planning to hold for long tho. the rest i’ll need to monitor
this is actually good advice.
i bought a hundred bitcoin when it was at .00 and sold it when it hit over a .00 . i was quite proud of that , it was a big windfall at the time. now it would be worth millions but there is no way i wouldn’t have cashed it out way before it’s current price.
the only reason i held beyond 100 was because i literally forgot i had some sitting on my laptop.
i keep around 25% fluid to "buy the rumour, sell the news", 50ish% staked in coins i have long term faith in, the rest i mix up between ouija board, tea leaves, meditation epiphanies and the voice of god.
whoa! this guy said his comment *is* financial advice! call the internet police!
i want lobster and caviar
just buying and selling, and also used the shib defi liquidity sale.
i want to know how it turned out for you?!?!
i thought of my crypto buys the same way i think of lottery tickets. virtually no chance for a big win. but that >’m afraid to sell because _what if it keeps going…_
yep same as doge. although i left some in doge, it still has potential imo
jay and silent bob strike back is where the spoof is from, it is when they finally make it to the studio. edit: here's the clip
slow and steady wins the race
💯 every bit helps
and that is why people on social media are always shilling shitcoins
this is one of the sneaky marketing ploys of these high token count coins, it sounds like a lot of volume when you say 3 billion, but how much is that in dollars, and how much of that is wash trading?
you can’t , not 80s anymore , what i mean over long term hopefully markets will give you 5-6% real after inflation but yea it’s naive thinking anything is guaranteed, that’s another thing making me laugh “ high risk high reward “ crowd doesn’t get that most of time things don’t work out , just because you take risk doesn’t mean you get rewarded
i don’t remember exact numbers but if you put 10000% yoy , time from 0 to 100 00
i keep mine in blockfi and gemini , both have serious backers and decent level of regulation , i don’t need extra 1.5%
and don’t forget staking
haha! fortunately for me, i'm from third world country so electricity cost in local currency is c h e a p
idiots will not have the patience. they want it tomorrow or not at all. its the most destructive way to think because you will be losing a lot, because your risk management becomes non existent.
makes sense. if it was lawyer i could give you advice on how to make money during law school but i don’t know shit about becoming a therapist.
didn't know that. that makes me feel more comfortable about having my algo pile at 4% apy just sitting on coinbase.
yup, this is exactly the situation and tbh, imo, you wouldve kind of been a fool not to. if one of the alt coins i have that i threw a couple 100 bucks into suddenly became worth like 20 or 30 grand i would immediately sell...because i do not know the future at all, in a month or a week or a year that 30k could be worth 500k or it could be worth 5k tomorrow...who the fuck knows lol...better that i take my major windfall and run away the only way you can hold like that is if you already have a shitload of money or if you completely forget about it
bought £50 in 2015, spent like £47 of it on dark web drugs, left the change in my wallet and still hold that to this day! it's worth nearly £500 now. now if i had not have bought the drugs it would be nearly £10k so i try not to think about that 😅
hey if you don’t need it, let it ride. just be sure that you wouldn’t care if it went back to the value of only …
don't change a thing. lol.
this. you do not get rich overnight. wealth is built over years.
drop by drop to an ocean
i kind of see it as: 0 to - level 1. - - level 2. - - level 3. + = accredited investor at level 1 you scrap and claw and save and live below your means and do whatever it takes to get to . level 2 is your learning phase, where you learn about the importance of alpha, risk management, tax strategy, portfolio management, etc. level 3 is where you just sit back and let your money work for you, and refine your strategy as needed. and continue to learn of course. never stop learning. learn about the advantages of being an accredited investor before becoming one. and look into starting a trading or asset management company to get favorable tax treatment. i’ve seen in crypto plenty of people jump from level 1 to level 3, and what often happens? they return to level 1 because they haven’t learned how to manage a six figure portfolio. they bleed alpha everywhere while having bad tax strategy, take too much risk, etc etc.
staking and lending crypto is truly the newest wonder of the world
yeah it crashed back down to .00 right after i sold so i was really patting myself on the back. funny thing is i kept exactly 1 bitcoin in my account that i never sold. still in there too, but it’s a mtgox cold wallet i have no access too and probably never will. if those wallets ever got released back to their original owners the whole market would crash. because you better believe people like me that have been part of the biggest forced hodl in history would sell that coin the minute i got it back lol.
if you learned a valuable life lesson then it was worth it. i know i wasted a very big portion of my life because of decisions i made based around drugs. i would gladly spend 10k to have the perspective i have now back then.
were the drugs good?
and that’s how we make it to the big leagues
the official algorand wallet is great, plus much safer
the coinbase pr team will shit a brick if this comment blows up. hope it does.
i can count on one hand the number of times i've taken drugs, was more a flex of "look what i can buy off the dark web lads". the flex did not age well and a lesson was learned. glad to hear you've moved on from your drug troubles though!!
yep, arrived sewn into the lining of a bra cup, very sneaky! and was some good mdma, but not 10k good 😂
finally i can upgrade from a rookie!
i will give the algo wallet a shot then, thank you for the information.
the bra cup surely humps up the value a little too!
i need a signed rookie card so i can sell for the big bucks when you get inducted into the hof!
* **[solana]( [pros]( & [cons]( - participate in the r\[cointest]( to potentially win moons. prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * sort comments as controversial first by [clicking here]( doesn't work on mobile.
big daddy would never do this to you
smells funny in here
is this 100% confirmed true? it's pumped so hard to number 4 and it would be utter calamity if this causes it to crash, hiding 12million tokens is bearish as feck edit: this happened in april 2020, sol circulating supply is 300million, and total supply is 500million as of now, this post and the tweets makes it seem as if this happened today, this happened so long ago but just now blew up in this sub but was known by some in r, according to a few replies the sol team really did secretly create these tokens and purposely hid them and only apologised when caught, take that as you will but it definitely will cause trust issues with the sol team. apparently whales still hold a majority of sol but not 100% on that, and the network did definitely go down for about 17hours with the approval of the validators recently, so it is criticised for being centralised, so bare that in mind [ [
"hidden" wallets are the least of sol's problems. a 4-node dlt based entirely on timestamps with no realtime consensus is an accident waiting to happen (again.) this kind of engineering is fine for a , but it is too fragile for fintech.
solana is centralized watch this [
solana seems great but it doesn’t seem very decentralized.
if you invested when this article was made you’d be rich now 😂
solana like the pickle that haunts children who don’t finish their food?
dump your small solana bags retail investors so i can buy it all.
i got sol but i’m not a soldier
i'm shocked, shocked i say...
after its service went offline it should have made people realize this is not a top 50 coin and yet there we have it.
better cash out before they do lmao
you made me money but that does not mean you will do shady things sol
yea i sold mine in the recent ups. even if this is fake and it has a better future this sounds way too risky to hold on.
watch it pump after such a reveal. smh
this is old news, but i wonder how many people who recently bought sol went back to look at their history as part of their "research".
the real problem with this isnt that they lied, but that it is possible to mint without consensus. think about that for a second…
someone is mad they missed the dip (i am too)
why hide it 🤔
anyone know by chance why my post's still removing any time im posting a post?
not sure how to have a hidden wallet, but i want one!!
tweet based on 2 year old unsourced, unverified article that was deleted by its author. this isn’t current or relevant or verifiable but it’s at the top of r. i’m shocked. shocked, i tell you.
15k upvotes for a tweet about 2 year old unsourced, unverified internet archive article that was deleted by its author. this content isn’t current or relevant or verifiable but it’s at the top of r? mods? really?
solana is problematic even more for that messari chart showing they sold 50% of supply to insiders at a very steep thiscount. do we really need crypto to be another way for small investors to prop up billionaires? ethereum did it right. so did ergo and cardano. they're surviving. crypto is supposed to be better than the stock market because it levels the playing field a bit. this post shows a good breakdown of which coins are majority vc owned. [
sol has had enough red flags for me to just not support them. as much as i like their vision, and team, it just seems to be too many for me. no offense to people who invest to make money, hey that’s what we all want but sometimes i prefer to support something above the x’s i would get.
went over to the solana sub, apparently it is old 2020 news and the devs took action already.
you realize this tweet is is based on an [article]( from nearly two years ago, right? and that the solana foundation [burned the tokens]( to correct the situation. why are people regurgitating half of a story from nearly 2 years ago? i wonder. is this sub even moderated? why is there warning flair on this post?
how did they hide the wallet?
been exchanging it got algos
isnt this already outdated news?
well, time to bring it down under . hehe!
the people on here saying this is why they left the traditional banking system aren't eth gas fees higher than overdraft fees? lol
you all will believe in anything. no wonder whales play you all like flutes.
again, this is news from early 2020, already corrected for. this post makes it seem like it happened literally tonight.
anyone running around in vc circles will tell you this. a lot of them are holding and just waiting to cash out. they’ve made their money and are ready to spend it too. retail is about to get dumped on hard. don’t believe me? thr most public statements are by the guys on the all in podcast. to check it out
isn’t this like… super old news?
this plus pausing their blockchain 🚩 🚩 enough red flags for me to stay away.
to algo we go!
i'll be honest, the only reason i keep some of my sol because i'm sure they gonna pull the bnb and keep on rising. sold them all at 230.
damn, op earned, at current prices, over ,500 in moons for posting claims based on an old deleted article. i’m not a sol holder and don’t care what happens with it, but this sub is broken to high hell.
it's strange that justin bons is bringing up this issue that happened a year and a half ago, but fails to acknowledge the detailed response from solana that explained exactly what happened. you can read that here: [ spoiler alert: they burned the extra tokens.
this is not news, and there is more to the story than this tweet. dyor. this was from back in april of 2020. [
just making sure everyone knows this tweet is based on an [article]( from nearly two years ago. and that the solana foundation [burned the tokens]( why are people spreading misinformation as if it’s current news? i wonder. “a lie can travel halfway around the world while the truth is putting on its shoes.”
when people start putting money in memecoins with no usability and other coins that are pure scams, i do not think that people even mind red flags as this. they just put their money in a coin and want profits asap.
crazy that all the allegations (whether factual or just fud) don’t affect sol’s performance.
i know i might get hate on this but... as an ada holder... i'm glad there is a new coin to bash this week 😂🤣😀😂
solana is centralized and corrupt what else is new?
incoming pump because apparently people in crypto don’t give a fuck about decentralization.
not a holder, but this is 2 year old news and the tokens have been burned since. at this point it says more about this subreddit then about solana.
why does coinbase say there are 302.5 million sol circulating? this tweet says there should only be 8 million...? i'm confused.
thats fine. we have loopring
wild times, nobody will probably even care. the market is so irrational...
whenever i read eth-killer, i immediately move on. like there is one currency, one bank, one credit card, one stock, one commodity, etc. this is not lord of the rings... one coin to rule them all! not a zero-sum game and if your coin is pumping because it is an eth-killer... well, it is hype, not value. there will be multiple winners or this space is toast sol is interesting, but time will tell. same with ada, etc. eth had and still has its share of issues. there are no clear winners and if you're a fanboi, be careful as emotion can wreck you while investing!
congrats on the easy moons. you made + from reposting somebody else’s fud tweet
did they offer an explanation?
donald is that you?
i imagine greg kidd will have to question them about this or it is just fud.
and now they have paired up with bat (which i like), i don’t know how to feel...
i’m just taking a shit on the toilet
doesn't seem to be affecting the price
greed brings the worst out of people….
this news has been thisseminated many hours ago. sol ath: sol current price: . literally . r: “its a dead coin”
anyone who bought sol when this article was published would legit be up like 15x by now...
this is the kind of shit that gives cryptocurrency a bad name, we cannot have progress with liars like this
meanwhile, solana is up 70% this month
you guys realize this unsourced article that was deleted is nearly two years old, right?
april 2020? come on now.
made 10k off 200 investment so don’t care
amazing. regurgitate an old fud story from the last time sol pumped and rack up a few thousand moons. moon farming hall of fame for this guy
this is the thought i have any time i hear about a burn wallet. what's stopping the coin creators from secretly having access to it?
they also had to shut down their entire blockchain recently too. “decentralized”
their network crashed last month and it dipped but then doubled in price. this would not stop sol imo.
if it can survive a network crash, it will also survive a hidden wallet
i'm hoping this fud will pick up pace and provide a nice dip for me to buy into.
welp, i'm just gonna sell based on principle alone and never hold sol again then. thanks for bringing this to everyone's attention, op.
so we’re just going to run with a tweet about an unsourced article originally published two years ago? i know this is r. this guy who tweeted this shills eth nonstop and shits on everything else.
algorand is the way.
nearly two year old fud based on this [article from april 2020]( repackaged in a shiny new misleading headline as if it’s current news. solana [burned]( the coins in question. the market reacted to this in april of 2020.
it would be hilarious if banks noticed that rug-pulls are not being prosecuted so they got into the business of creating rug-pulls for corporate profit.
i’m lost... you guys are saying that the circulating supply is 20m? how is that possible when coinmarketcap says it’s circulating supply is 260m coins??
cool! so it’ll drop and i can buy in!
> once the solana team was fully exposed they released a medium article admitting to the fraud, > > explaining that these 13m tokens where loaned to a “marker maker”. where's the link to the medium article he references?
i said many times. solana acts like a company and not like a decentralised network ! guys be careful what you invest in.
why do people still care? didn't they shut down everything a while ago and prove it is a centralized exchange? i figured solana would be worth nothing by now but i keep seeing more about it
well there they go stellar for the win anyway
i guess its dot time to shine now.
sounds like a bunch of eth maxis trying to spread fud lol
gavin wood said it best when he proclaimed that they are " just another bank" shady af.
the solana team is starting to act like ripplelabs. its a controlled centralized chain a audit is unavoidable.
what does this mean ?
who owns the hidden wallet??
fudders really trying hard tonight. so cute
2020 called, they want their news back...
and people still defend it because it has low fees lol
time to switch my sol to algo
how does this 2020 article have anything to do with now tho?
solana is sus due to this team.
what i do not understand is whenever i try to post anything it gets removed for having under 500 characters... well how many characters had this guy got in his copy paste post? clearly less.
this was early 2020? you’d still be rich if you invested then?
and still it holds it’s price lol 😆
that's some excellent hit piece accusations in that document. there's likely a reason it got removed from publication lol
the comments section here randomly shilling other coins is starting to look like twitter.
sol fanboys will find a way to ignore this completely
when the devs shut down the whole chain to fix an issue, that should have told everyone to get the eff out.
breaking news: sol new logo is a red flag 🚩
people telling lies in the crypto market <insert surprised pikachu face>
i had a feeling the solana price action was artificial.
screw em. transparency should be number 1 on a dev's list when working on a coin.
the d in solana stands for decentralisation
the state of this sub lmao the article is about 2 years ago yet the post gets 14k upvotes smh
this is a major red flag, like if the one month ago when their blockchain went dark for one day was not enough for people to strat doubting...
a fully centralized layer 1... it's fast you say? it has low fees? it's pumping? it's centralized it could be running in some basement owned by jpmorgan for all we know and it is purpose may we'll be to undermine the validity of decentralized cryptos when they decide to crash it.
14k upvotes on old news...sigh...
no wonder the 'd' in sol stands for decentralization
can someone please eli5
in other news, china bans btc
so this post is why the daily went from praising sol to hating it
still up 20% for the week lol.
r u g g e d
you guys realize this tweet is is based on an [article]( from nearly two years ago, right? and that the solana foundation [burned the tokens]( to correct the situation. why are people regurgitating half of a story from nearly 2 years ago? i wonder. is this sub even moderated? why is there warning flair on this post?
the vcs all have already 100x and took out thier large stakes out on you smooth brain idiots. theyre still holding portions though and continue to back grants and projects on the ecosystem to keep running the gains for as high as possible. it's mind boggling to me ppl are buying into a vc - it is against the entire ethos of blockchain .
this seems like the shady stuff that motivated me out of the traditional banking system.
i love when these things come out everyone becomes morally superior all of a sudden lol i'm sure the majority of people would be singing a different tune if their sol went up 100%
i ve made a lot of money by solana so no grudges😂
this is really really old fud. after only being able to retrieve ~3 mil in tokens they took the missing portion out of the solana foundation wallet (whose holdings are included in the total supply) and burned them all. it is public...
centralized token is like keeping your money in the bank. better to call it private digital money instead of cryprocurrency.
solana price too high for your customers op?
ada with no bad news - up 2% sol after fud trying to bring it down - highest it is been in months 🚀
but “solana is the ethereum killer” 😱🙄
don’t know much but seems like it’s got too much going to be a total scam?
nooooooo… this is impossible! they would not lie to us! they are honest people!
what do i need to do then?
solana team owns 61%
all i got in sol is my free coinbase tokens about
so they could only retrieve 3.3m of the 11m tokens in the wallet. so instead of burning those 8m they released 8m more to burn. isn't that all a bit counter productive or am i missing the point?
who is the owner of that wallet? :o
coincidentally, this news only comes out as sol reaches its all time high, smashing coins down the market cap ranks.
is there a reliable source for this? i am intrigued, but a link to a tweet is not the most credible.
i’m dumping all my sol bcuz of this post
luckily there is a fast, cheap, fully transparent blockchain known as algorand.
wait what?! wouldn't this impact! maybe i should cash out
won’t do a thing. this sub and retail money has no impact on the market cap anymore. don’t worry about this fud
a story originally published during donald trump’s presidency and regurgitated as if it’s new news to spread fud at the top of r? i’m shocked. shocked, i tell you.
bruh 99% of cryptos are scams
time to get into cardano i guess.
why is this shocking? we are an industry where the well run orgs are actually just well run scams. this is the same market where justin sun got rich then super rich by performing a ctrl+c ritual, where ripple execs sold a mountain of xrp and gave away freebies to banks then claimed decentralization and good intentions. this is the industry where faketoshi continues to exist and binance ceo tried to revert btc because he screwed up. why is anyone surprised? how quickly you all forget the chefnomi saga and the hero (sith lord emperor) sbf coming to 'save' the day. this is crypto. besides eth2,btc and possibly dot the whole industry is filled with corrupt people running corrupted networks with crap ideas.
>the following story is all based on verifiable evidence: there is no verifiable evidence provided by the original tweet author. who is paying to get [this repost]( and kind of yellow journalism pushed to trending? goodness gracious, people.
looks like the people trying to bring solana down with old fud are... sol ;)
so it is gonna hit another ath with this news?
i sold my sol with the last fud on it, advise for people reading this dont browse this sub its a corcle jerk mixed with bull shit
2 year old news=gets 14k upvotes
thanks for sharing this and helping me exit before a nerve wrecking thisaster
i think that info needs to be verified more...this is old news guys
a crypto developer caught lying after success?!?! that never ever happens.
i̇co and centralized with only 9 node. what else you need for a blockchain?
only thing going to the moon now is this article.
better stock up on algo i guess
doesn’t seem to be impacting sol’s price at the moment. not leaning one way or the other. just pointing it out.
no fucking shit anyone who has been paying attention has known this from the get go.
didn't these guys have to reboot the servers on their "decentralised" network? asswipes
sol is the eos of this cycle. convince me otherwise
this is one of the reasons i didn’t invest initially, besides it just seemed centralized. i guess i’m pulling out what i put in despite my hold for at least 1 year rule
we're coming full circle here centralized = good. but expensive and leads to high gas. the solution is to have a single player offer a more efficient centralized system. soon we will just have jpmorgan and bank of america execute transactions for us again!
buy on rumors sell on news, time to buy?
solana is another completely centralized coin. mostly all owned by the team.
didn't solana crash due to small number of validators? if it did crash, how on earth does it exist in the top 10? that's scary if the blockchain you have money in goes down.
i shot my entire sol load into cro yesterday just before it went back up - and sol went down. good work op.
ah shit the centralized asset has a 60% owner, not surprising
quick look at this guy's twitter profile and we can see that he is eth maxi. i own. but, all his tweets and either pro eth or against other coins, sol, dot, ftm, even btc. while this might be true for sol, i usually find it hard to trust someone with extreme bias...
they also lied about being decentralized, then shut down the network. their node requirements are a joke, and their token thistribution is a straight up scam. i do not get why people buy this crap.
solana will be one of those coins that in 5-10 years we will remember for how stupid we were to invest in it.
you mean the news from 2020 where the damn ceo reduced the supply after it was thiscovered? yeah great post man, way to research
looks like a purge is underway, price has dropped since the circulation of this news.
there will always be something with every coin... the secret sauce needed to make crypto markets interesting.
no one cares about bad news. it’s like there is no bad marketing. bad news = good news.
liar liar pants on fire.
so much fud on sol. it’s constant. also not too many people on reddit spreading good news about it. yet it still keeps on outperforming the market… i personally believe it has a few problems but they’re way overblown here. anyway, guess i’ll enjoy my tendies while everyone else spreads fud. it’s almost like a jealousy thing at this point.
something isn’t right about solana. it’s ran by a bunch of vcs who copied nfts from other blockchains.
and it is keep on moving
perfect timing before breakpoint right? should be official explanation here: [ make your own research. this article is from 28. april 2020
old news, already clarified. guy is an ethereum maxi, unnecessary fud. keep selling your sol until it hits 300, again.
eh, that time again huh r? you gonna do this whenever sol reaches new aths?
ok, i got my pitchfork sharpened. what now? '
solana was always worryingly centralized imo. i like the quick cheap tx's, but at what cost at what cost!!!! lol
what not just be open and let everyone know you have a trillion coins. no reason to hide it. be sure you tie erc-20 properly too
i remember he had a job at a call center, i thoroughly enjoyed it: probably because i had to scroll as far as they’ll claim.
well, it was worth trading for value, but not a long term hold.
this is bull***t. the fud is out in force. i’ve seen guys whole home pages dedicated to clamming on solana. what a bunch of crap.
such convenient news right before their first ever conference tomorrow. nothing suspicious here.
the crypto markets continue to be a haven for scammer, just like stocks, and investing in general.
sol will crash and burn
look at all the shilling rewards over old fud
sol is still going to pump. that’s crypto.
carrying the name of “eth killer” is a huge curse. at this point competition is already readily available. coins that try to work with and not against others in the space are the ones that stick around.
dump solana, buy and use algo and your problem will be solved
watch sol hit . if this sub hates something, it is almost a sure bet to make money. my portfolio that i'm extremely happy with: 60% btc % eth % sol.
lol. news from 2020 being presented like it is some groundbreaking rug pull about to happen. someone wants to create fud against sol or op is just shamelessly moon farming. this is the state of this sub.
so funny how this community thinks coins moon because of “fundamentals”. outside of bitcoin this is a casino. everything about this market it driven by speculation and the potential gains of said speculation. eth is no different. it’s an ico machine for shitcoins and when it comes to defi your just speculating on rates for coins that may or may not moon. so i’m not surprised by shit like this especially since they had a huge percentage of the supply in their custody already. this is a casino and solana is the house. this is a casino and eth is the house. this is a casino and insert shitcoin is the house. don’t let vc’s dump coins on you.
i do not see no "verifiable evidence" on the twitter. maybe someone more knowledgeable can provide some of the evidence for us lowely humans to follow.
i can’t believe something “decentralized” is riddled with corruption.
so the time has come. this is where i either fly high or swim with the fishes. i do not know what i'm talking about but i'm glad i did not go all in on sol.
tl;dr the ada pump you've been waiting for is coming
we cannot be all as pure as ada.
i still do not get this random fud. the issue was found in april and one random twitter person is now screaming fowl play!
sols gonna crash when everything else crashes, not because of this. people here care but 99% of people buying crypto don’t or won’t care.
yes master. we have loaded the sol fud, as you requested.
explains why sol is red whilst all other top 10 coins green...
this is important news but is definitely falling on deaf ears of those who just want to make a buck or have ulterior motives. that's fine. i'm all for profiting. you do you. to me, sol is shaping up to be a red flag investment just as much as the dog coins have been for long term sustainability in upward movement. swing trade this toxic asset to your hearts content, but do not become married to it is all i'm suggesting.
glad i didn’t fomo and forgot about sol lmao 😂
has binance not shown this community anything? a coin can become extremely successful despite relentless negative press and shady practices. haha, interesting nonetheless
i think you guys should all sell. so i can buy at a lower price.
i think this is a coordinated attack on sol. the news has been addressed a year ago and conveniently resurfaced in a coordinated way across multiple media platforms a day before solana’s conference.
probably gonna get circle-jerk down-vote fucked on this but this is why i'm in cardano, shit like this cannot happen with proper peer reviewed, audited code.
this is why you don’t *ever* get sold by someone on a coin. simply look at the price and try to gauge the ferver around the coin. if it feels like its gonna go up, buy. is that gambling? of course. that’s all any of this is anyways. just recognize it for what it is and try to get ahead. i dont wanna hear about the technology or how it’s a gamechanger. fuck all that it means nothing to me because it’s all hypothetical nonsense that won’t be realized. crypto is a legal casino in which the odds are not fixed against you (for now, obviously that will change with tax law.) if you could go to a casino right now and sit down and gamble with 50-50 odds… wouldn’t you? there’s a reason casinos won’t allow 50-50 odds under any circumstance. so gamble away! just don’t fool yourself into thinking any of this crypto nonsense has any real world value because it doesn’t.
i posted a solana as a potential rugpull yesterday but i just got downvoted :\
whoops! this does not look good.
this doesn’t sound very decentralised
wanted to buy some solana cheaper, anon, and erroneously believed your huge social media presence would impact the price?
is this true? that is a major wtf! that's fucked up man...
first all this is an article from april 2020, and mr. whale is just now bringing it up. second, they agreed to bring these tokens. i’m contacting the mods.
old news conveniently posted near ath...
still more bullish than ada.
what are we talking about? this is how media sell the informations... please read the article instead of this stupid tweet
it was not enough recycling the china fud??
most holders are vcs, what do you expect from a coin that is so centralized ?
hold up i thought we were still hating on ada.
i read about this back in april.
and yet everyone shits on ada.
oooooo… so, cardano then.
that’s the reason i didn’t buy sol when i researched it months ago, it felt shady. then it fucking pumped anyway. ugh. guess i’m glad i was right at least. but it’s thiscouraging that projects like that still make it.
from sol to sus in the blink of an eye.
didn’t their network go “lights out” a few weeks ago. why is anyone surprised?
at this point, nothing can stop sol from reaching the high 400s, no amount of fud or actual news and stuff. kinda insane
the price did not dump yet, but these are heavy accusations!
solong and thanks for none of the profits xd
gee i really hope everyone doesnt sell their bags and drop the price for abit. i'm definitely not waiting for a decent dip to buy more.
most won’t care bro people throwing money on shitcoins lol let alone sol
issues about sol have already risen up last last month, and guess what happened? solana still manage to rally upwards. well, that oughta tell you something, does not it? not in this sub no. i still see a lot of people shilling it cause it where the money is.
what happened to this sub loving sol?
they just can’t seem to get it right
so how about matic? trying to learn more
f in the chat for honesty
sol what a joke. but, the same logic as with shit coins applies if it makes you money in the short term why not?
recycled fud, the team addressed this months ago. this story has been recirculating since yesterday, and the price has not reacted. guess all the armchair analysts in this thread hating on it must know something that the guys with more than .
for the idiots that say this is old news and everything is ok….i have a bridge to sell you.
don"t sell your soul for sol
you’re about a year too late on this “news”
i'm coming to the conclusion that any project that is objective is to be an "eth killer" is just a shitcoin. there is no evidence that i can find that any other network has any better chance of mitigating the trilemma than ethereum, it is community and roadmap. other projects like oracles (chainlink) or governance (uni, mkr, axs) etc. certainly can have a niche. but anything that bases it is value on being the smart contract platform of the future that is not eth deserves a ton of skepticism.
lame. move over to loopring.
oh solana :(, why you do this.
i thought the beauty of blockchain was that it was public. how did people not see this?
the way we been going seems like the more adoption we get the less people care about decentralization. however the 13m hidden tokens is hella shady. be careful sol holders
great gains by sol but honestly the token thistribution really sucks, even before this revelation.
sol is the next bitconnect?
there is literally no basis for these allegations. i spent an hour trying to find anything to back this up other than this dude's tweet. nothing other than articles about this guy's tweets. how is that even news?
so many biased comments in here? has anyone of you guys actually used solana? why dont you want to make money?
glad i didn’t buy into that hype
if you hear something along the lines of **eth killer** **stay the fuck away**
thats why btc is king. no orga behind it that can fuck you up...
le gasp, centralization strikes again
sold all my solana at ath and bought shiba. then shiba skyrocketed. i'm sitting 👌 nice now.
nobody doing their due diligence would buy sol. it's incredibly centralized regarding the thistribution of tokens and the hardware that secures the network. you need a super computer to contribute. and look at the percent of tokens owned by vc's, insiders, and foundations, it is over 60%. anyone buying this token is the dumb money providing exit liquidity for the vc's that started this fraud.
they keep getting more sus by the minute.
solana liar, i switch to ergo.
oh nooo *buys the dip*
i’m out—.yo - here we come
this entire thread is bullish af 🔥
the author of this fud is plainly bearish on solana. look at his tweets and retweets. he brings all conspiracy and other information (truth or otherwise) to the surface that has a bearish narrative.
this is old news. like - last year. but i haven’t been following the project. what caused it to surge?
solana is a rich-people-only business, so i do not mind. they will find their market share and purpose though.
oof, i held solana in pretty high regard too…
just come to quant, rich by 2025
the price of solana has increased a lot in these last months, the reasons are right. but i attend to buy to these price.
if the developer issued new tokens directly and sold them someone could have considered it a scam normally...
oh boy. just keep adding to the legislate crypto out of existence, justice department, sec pile i guess...
*insert the office meme with jim looking through blinds as a shib holder who was told i should go in to solana because any minute now i'll be fucked
pure jealousy-fud for those who missed the summer train. classic.
old news. so much fud, this has already been resolved
this is why ethereum will continue to reign supreme, because it is a non-profit foundation.
this and pausing their blockchain! 🚩 🚩 too many red flags and i’d rather invest elsewhere
this is the kind of toxic fud i like. looks like i'm all in on sol.
pretty much sums up every system humans create. perfect until humans do human things.
sol went down 3% today? omg everyone panic sell!!!!! the end is near!!! bring up that 1.5 year old fud!!!! (rocking back and forth while sitting in the fetal position mumbling incoherently) in all seriousness you guys crack me up lol
i kept telling everyone that solana is over-valued and cannot be trusted. nobody listens. sol out here doing this shady shit while polygon proves time and time again it is trusted. sad to see this.
dang... how embarrassing and not good pr for sol
sounds like some whale orchestrated this whole thing to buy up paper handed fools
sell it all! need an opportunity to load my sol bags
i’m happy i sold my bag
solano never surprises me from restarting their server by putting it into rice bowl to this. sentralised
op reposting old news lol moon farming master
so it is time for fud. this is upvoted so hard and with little evidence. guess someone is feeling threatened.
lmfao this shit is a pure scam. get out while you still can.
grab popcorn wait for rug pull
sol is such a shitcoin lol.
oof solana going bye bye
that's why btc is the gold level, no one can beat that
i recommend not selling your solana based on 1 reddit post. let the post mature and see if there is any other sources thisproving this claim . i already saw someone post a link saying this information was already available since april. i also found myself wanting to sell after seeing this post but impulsive moves in my experience are not good
even if true, noone cares as in the market
itt people who have tit jacked sol doing mental gymnastics.
i’d be surprised if coins of this nature will be allowed at all under increasing regulation…
ah, an ancient hit peice getting upvoted to the top of this sub? bullish. everytime. solana to
“breaking news” that is one and a half years old and presented in a one-sided manner that doesn’t let solana present their rebuttal? yawn. this is not “journalism”.
i never liked how centralized it is. even when it pumped i was fine missing out. then their network was out for 17 hours. now this. i'm cool off that. if its not decentralized i do not want it.
what a surprise! charles lied, vitalik lied, everybody lies in this space does not change a thing, people do not care.
never felt so good to short sol
but they said that they had "forgotten" it, so i guess we should move on . . . .
for all the hate cardano has been getting just because it is been flat for 2 months while other coins have pumped, let us not forget a few core tenets of cryptocurrency that it upholds: anyone can participate - staking comes with a tiny requirement of like a couple ada and just a 0.17 ada fee. so about .34 over 70% of all people who hold ada stake it in over 3,000 staking pools worldwide. to run a staking pool you only need a raspberry pi or other similar micro-computer. iohk, emurgo are separate entities with clear and transparent holdings & roles. there's no shadow developer, mystery wallets, hidden payments etc. cardano's goals are clear and timeframes are set out (if not always rigorously achieved) i know this is a gushy gushy post and not entirely relevant - perhaps i shall do a more thorough write up, but in the face of shitcoins mooning and then other (legitimate) projects like solana and bnb taking some attention away from cardano i'd just like to say, in the face of cardano's shortcomings, at least it does not compromise on being a trustless, decentralized cryptocurrency. and that, to me, is more valuable than having a fast network you need supercomputers to run, or a total consolidation of power to one entity.
looks like people who missed out are just haters now.
if redditers are fudding then i will buy more
people keep on talking bad and it still goes up. looks like those who miss out do these things. kind of feels like boomers who missed on bitcoin. i missed out on solana also by the way.
well thats a big redflag!! come join lrc
it's simple. if sol pumps, puppies die. you do not want to be on the wrong side on this one.
ignore the report as fud
it's true, it is old news. sounds to me like somebody is trying to short this and collect a few more bags on the dip.
syndica (basically iaas for web 3.0) is building on solana. i think there’s a future for solana even though there’s some controversy
even the creator said that the sharded storage was less safe
no surprise its a wall st pump
isn't the code for all these cryptocurrencies open to everyone?
sell! sell! sell! what about the gelgamek catholics???? sell! sell!
always in the news for the wrong reasons…
i'm cool off that. if its not decentralized i do not want it.
thanks for bringing up old news
adios sol. sold that shit, kept a little on the backburner. shady as f. even shadier than when they “shut down the blockchain” meanwhile over on the sol sub people are buying at this price….saying its following eth when the founders own 13 million coins in a wallet (sigh)
is it possible to short a crypto? $$$$$
rip sol dump it all
tis a shit coin
i thought sql server was a good product... maybe i was wrong then...
the shit these guys pull is beyond the pale. i understand profit is the king, but at what point do we stand up and say decentralization and transparency are the most important aspects of crypto? ' if we do not we are allowing this space to go on a road where it is no better than banks.
priority to decentralize a project should garner more positive attention. unfortunately people just compare tps these days.
i own sol but the longer i’m in crypto the more i put to btc and xmr . a lot less drama.
so first their network went down which made everyone see or think they r completely centralized. this did not do anything for the price. sol has seen new aths pretty much all week now this, which happened one year ago has come up and everyone thinks the price will plummet? come on man. sol is pumped hard by institutions. the price would not go down that fast. if ever.
is this not fud? [coinmarketcap]( says there are 300 million in circulation and 500m max supply, is not the 13m just part of the unreleased 500m? at worst it would be 513 max supply
damn but this sub loves sol!
if it were eth people would totally be ignoring it right now
so what i'm getting from this is short sol, long ada; given my calls lately, probably best to inverse me. or since i think you should inverse me, you should probably do what i originally stated.
nothing should really surprise you, but take any info like this with a grain of salt and make sure the sources of claims like this are credible
better unstaking my sol just to be safe.
doesn’t seem to have affected their price much though
while having several hundreds percent gains atm i...\*trembling drums\*...don\`t care!
i did not invest in this despite potential gains because it was too centralized. morals edit: nvm this is a year old, morals
this is true and previously written in this sub before its massive pump.
so why is solana at like ? after all that the coin is almost at its peak price ever? most of these random coins are going to be worthless as the market continues to get oversaturated. i don’t trust any of the crypto market data. such volatile fluctuations through out any given day for what reason?
idk man. it feels fishy, not sure whats next
didn't they burn that wallet which had a bunch of tokens no one could account for?
why did they just do this, i did not understand the loving things.
this is our and the price hasn’t budged. sigh
itt: people that missed sol
lmao solana not going anywhere. anyone who has used the network to stake, transact, launch nfts, etc. knows this. we’ll see when sol reached 300
what a fucking mess. thank god i don’t own any sol and never will.
love the fud guess it’s time to buy more
greedy lying assholes like this are going to set crypto back
lol op is probably an ada dev and really wants his spot back
lol...nobody cares about principles anymore so it probably would not crash. i'm super biased on litecoin but principles is the main reason i hold a lot of it. 10 years old, fair launch, 100% uptime, and despite the creator selling his coins so there wouldn't be a "satoshi wallet" he continues to work heavily on the project. if people actually cared about principles in a coin then ltc would be significantly higher on the charts, along with a few other coins with excellent principles. people gravitate to memes and empty promises and "too good to be true" projects. stupid money chases that. and big money chases stupid money so they can relieve those people of their money. financial patterns as old as time itself.
if i had any i would sell now. it’s already at an insane cap. i know it has already defied expectations, but it’s hard to imagine more than a 4x at this point. you can get that from plenty of other projects which are less problematic
old news!!! this is fud
we will hit 300, nobody cares. thats not how crypto works. people buy shib, they will buy solana. people even still hodling xrp. :d
yeah but its too late. once a project has a significant amount of investors it gains shill power. its kind of like how apple is unsinkable despite its atrocious history of leaking user data. everything from cc numbers to social security numbers. its such a popular investment any negativity gets instantly eaten by shills. sol isnt as a big as apple obviously but shill power is strong.
thank god i never bought solana 💀
after solana went down a few months ago, exposing the weakness in their platform… i realized they might not be as “real” as i thought, and sold my coins. now seeing this, can assume this is a behavioral, “half ass - i don’t care”, issue with the executive team. they are probably lying about much much more. these are precursors to shitty companies failing…
actually all they are just doing is one thing and that is market manipulation.
bro don’t tell me this ive been in 100 sol at . can something just fucking work out for me
sol gets more and more fishy lol
shame on the fud… nice timeing i guess some people think… go to solana sub. and read the real story
the “hidden” wallet was a technical mistake and they immediatly burned them. like… last year. very old news casually dropping before solana’s first press conference. lazy fud from lazy ada holders. sol wasn’t technically shut down. someone launched a big spam attack, like 440k tps spammed. the system had issues and crashed. sol devs then contacted all validators asking them to shut down their nodes. some of them agreed, some others were offline, but they managed to shut down at least 51% of the system. why? because they took this spam attack very seriously and putted multiple protections to not repeat the event. then they contacted again all validators, asking them to accept the update on their node. some of them were offline, so we waited one entire day for them to accept the update on their nodes. why did they have to wait so long if sol was centralized? isn’t it the proof of sol decentralization? all fud is just from people that want our market cap flowing in their projects. like this is ever gonna happen lol
sol fans might be pissed, but such old stories are still relevant for newcomers who might not have known it. it tells a lot about the devs.
solana hasn’t smelled right from the moment it came on my radar. no one was saying a word about it in the early spring, and then it just exploded out of nowhere. combine that with the fact that it takes a ’s a big nope for me.
very untrustworthy and unreliable project... fortunately there are better options out there!
look who's still in the top 3 ☀️☀️ can't keep a good crypto down
lol it was so promising some weeks ago
solana seems shady ngl
circulating supply is 300+ million coins and this dude is flipping out and claiming it was never supposed to be more than 8 mil. wut
oh no! if anyone doesn’t want their sol i’ll take one for the team and take it off your hands
first shutdown of the whole network, now hidden coins in a wallet and wrong infos about the supply. well it was a good ride but i'm out
i really dont get why people invest in solana. its just full of red flags its insane.
aye! good shit post from news thats months old! mad sol made a new aht last week? seems like it!
i smell a lot of people fudding who missed the boat … feelsweirdman
someone is mad because solana growth is hurting their interests. solana has so much built on it now it is going to take more than old news social media to bring it down.
lol fud from over a year ago, guess ada crowd mad we passed them 😂🥳
sol. shit. outta. luck.
this gonna be good for dca
its still up 53% this month and 3.17% for today. if people are still investing in squid a complete useless scam coin, they will surely stick with a token thats gone up .00 dollars in a month. i think many people are just buying tokens based on the perception of popularity and possible financial gains.
this had all the celebrities backing it. celebrities sadly have the money and the following to control certain outcomes.
fud or verified ?
solana = make money make money = good 💰
high profile rug pull?
couldn't have possibly seen this coming. who knew the dudes with a 4 node network would do something shady?
typing 19 month old fud seems to be the most lucrative way to 'earn' moons 🤔
well duh anyone that does any due diligence will buy ada
honestly, i'm just happy to have flipped sol and double my money. it's pretty irrelevant what happens to it now.
gee imagine that, scammers in crypto. whoda thunk it...
old news, coins were burned anyways
is that why it is melting upwards?
how does this affect my pocketbook though...??
based vc scam, redemption of ada imminent. during bull markets moonboys do not care about decentralization, but it does truly matter. we have thisastrous coins (bnb,sol) in the top 5 now. buy the plutus application backend hype here. i can already feel the rotation into ada starting. don't mean to hate on these other projects, and i know it feels like iog take forever sometimes but you have to consider what competitors sacrificed for hype and tps.
i got downvoted yesterday for speaking unfortunate truths about sol lol
solona is currently pumping, but just one advice: when crypto winter starts, then solana will be dead. this central chain with a dubious team is irrelevant.
ada, erg, one, matic, eth, poly, avax, xtz
anyone with a brain knew this was the ultimate shitcoin when they literally turned their network off for over 24 hours!! i'm not even making that up they turned it off!!
this is old news now though. no one seemed to care and sol still heading up with loads of support for it to continue in that direction. seems a lot of projects do shady shit and it has very little effect on the price. people just breeze right by and back up they go.
wasn't chamath on a podcast about owning a 1b position in solana and was joking on hodling with some other guy? saying being "ish" with holding? seems way to suspicious to me. sucks because i recently invested in sol. here's the link where he joked with another vc on sol. [here's why vc's are laughing at you.](
where are his sources for this? i see a bunch of people saying this is true with no one providing sources. i'm not saying it is false but just looking for a confirmation
the right time to go all-in in sol!
eth maxis going hard this morning trying to attack sol. scared much?
finally some bad news for solana, it was too much positivity so there had to be a catch.
this is old news and it is been confirmed that they burned this already
lmao bitter fucks trying to drive the price down
i think they are just trying to do one thing and that is market flacuation.
i love a good crypto scandal
2 year old news, nice misinformation. edit: misinformation because new's writer had the intention to make this as a "new" event, misleading readers.
almost like it’s a scam…
this is the reality :
should’ve bought dogelon mars instead. at least they tell you they have a quintillion coins. lolz
no surprise here, scamm chain from the beginning
13million? peanuts. i have 250billion hummingbird(hmng). that's right; 250billion! i will be rich.
does this have to do with the missing sol people were reporting for the last few weeks? many people, me included, have transfered sol to binance but it bounced back to a strange wallet that is depositing sol every minute
buy the hype and sell the news sol had it’s hype, and now you are seeing the news! take your profits while you still can and take this off your portfolio for good before you get burned
another sol fud, you know what it means. it will pump real soon
just sold it now
time to sell of sol
seriously what is a good arguement for staying in sol
solana has been nothing but terrible.
big yikes. time to dump my bags.
itt a lot of salty investors who missed the sol train so rehashing really old news
sol fud? sol to 300.
interesting...and just a few minutes ago someone wrote me that sol is decentralized...
oh no, not this sub having a bitch about sol again 🙄
not technically a rug pull because sol has lies on their own blockchain, however the price will crash to the values of dogecoin prices
solana concerns me. feels like a trojan horse. really concerns me.
sol is insanely sketchy to me. i bought 1 for the pump but would never buy a ton. this seems like a bank is trying to act like it is a crypto currency
ouch this is gunna hurt
gas is the only eth killer
sol is the next eos
you can hate on sol but it’s following the 2017 eth chart almost exactly. may not be a long term hold but by the looks of it, may run hard coming soon. also did fib extension on it and i believe it will top around 750-820...
this news is nearly 2 years old!! such an obvious karma farm but doing a lot of harm to paper hands holders imo. i wonder how many people sold on the basis of this misleading, and obvious karma farm post? the losers should form a class action against the op imo. people, read past the fucking headline.
up 3x since i bought so not too fussed personally, did not throw enough money in to be worried only a few hundred. i'll stick to the trust worthy coins with my majority
holy shit, so sol is not actually decentralized? wtf!?!?!? the creators are holding 13 million? i thought all extra tokens were to be used for staking. i just invested in solana after it passed ada, should i move that into some new coin? is polkadot 100% decentralized? does the founding team own millions of its tokens as well?
solana went down for 17 hours, and these tools did not sell.
here we go again with more sol fud because this subreddit never steers anyone wrong.
i did not believe in the project ever since that blackout happened. it's so obvious they are centralized.
lmfaoo i told you guys solana is centralized😂
solana is going places... not!
proof of stake is scary...
i doubt this will budge the sol maxis
i'm up about 10x on my sol investment, and figure i'll just keep on holding. still a lot of room to grow because the market is crazy and none of the actual case-for-use arguments or technical analysis or anything else matters as much as the hype and publicity, which sol definitely has going for it. perhaps i'm wrong, but i bought sol with my "gambling money," so i'll keep on gambling with it.
remember the "shut down the blockchain" sol fud? these fuds are getting epic man
sorry but this is intentional fud. shame on you.
lol its cool, true or not, cause it is still gonna pump because people are dumb. oh well. i keep mining and stacking me eth
glad i stayed away from this
solana, the 4th biggest crypto while having an extremely centralized validator pool, a highly centralized supply, a history of shutting down the entire network, an effective tps that is 1% their advertised tps, and a secret wallet that, at the time of thiscovery, held more coins than the entire official circulating supply. they are literally just a bank dressed up as a crypto team.
i hold a bit of sol, and it really hurts they pulled this bs, even if it’s a few months ago
nobody cared when it was etherium
in this market that just means this coin will pump to . don't even need to hide the scams anymore, the super dumb money has entered the market.
sol has risen to top 5 in a matter of a few months, went down because of centralization, now the devs have a hidden dev wallet?? seems not too trustworthy…
this is why i back algorand 100%. of all the up and coming l1s they are the most experienced, transparent, professional outfit.
centralized as hell, shady as hell. i’m glad i’m not holding solana. shit like this is simply unnacceptable, i do not respect anyone that doesn’t dump their solana after this revelation. sure making money is nice but we can’t just be apologists for shady behavior just like this cuz you’re holding solana and you want to see it continue rising in value. you have to have morals and take a stand at some point... this is that point. solana is not decentralized, it has no place in the crypto world.
there seems to be a forced effort to fud sol based on news from april 2020, pretty sure this means they’re trying to load up
i think sol had it worse than this and recovered for some reason. let me remind you. on the 14th of september (not even 2 months ago) the blockchain stopped producing blocks due to a dos attack. shortly after it was tagged as being centralized. having a master “switch”. well, let me tell you. as long as the price goes up, people just don’t care. same goes for this story. i doubt it will change the momentum solana has built up for itself.
this coupled with that other post of those guys ‘joking’ about performing a rug pull would make me nervous to hold solana right now…
ya don’t say. tell me more about the obvious things people who’ve been around since the beginning expected
haha , die trash
everyone should take their sol to the vet or something like that
the d in sol stands for decentralization - hasnt ever been more appropriate
lol the tribalism in here is clear as day. 99% of the negative comments dont own sol and the positive ones do. just stop for a second next time and notice how easy it is for you to justify a shortcoming of your favorite project and criticize that of another you're not invested in. the reality is you're just setting yourself back by looking for validation in your choices. just accept reality, in this case sol is a great project and it is not going anywhere. you will thank yourself later.
wtf. i had high hopes solana.
ethereum killer kills itself
liar, liar, pants on fire, pockets full of hot tokens.
seems there is one thing you cant get rid of with decentralization... greed
sol? more like sold
first the shutdown and now this, is funny that the price still the same.
buy link and sell your sol before they will 😅
welp i just sold my entire position.
and y'all called this the 'eth killer' lmao. centralized proofofshit
why does r"uncover" a flaw with solana it has no effect on the price
yes guys sell so i can buy more cheaper 🙌🏼🙌🏼
this will go down in flames
anytime sol reaches ath their fud
i know i might get hate for this, but etc is fully decentralized and integrated an update last year to prevent 51% attacks. i say this because sol is doing some sus things.
sol shits on eth so there is that
someone feeling salty over their past few days gain that’s why decide to leak some old news? hahaha
solana is fucking scum no matter what, it hijacked a completely unrelated channel on youtube to stream it is "hackathon" and shit fucking coin
buy more sol, message received
sol. is a blockchain, that has no de-centralisation whatsoever.
people will buy that shit up in no time. i’d stay with it
the source is telegram and a medium article. believe what you want- sol is a behemoth
it's 1.5 year old news... nobody care now...
everyone will panic sell, then institutions and whales will buy the dip and keep pumping it to new highs. go ahead and sell your whole bag and watch the price hit .
isn’t it from last year’s ? lol just to make people fud?
and their agreement with tether make the coin pump more
from this guy's tweets and stuff i can tell that if it is not etherium it must be bad.
you`re daily fud from eth maxis, this time on sol. let`s see what`s next week on the list. avax? luna? or back to ada? this is financial advice, do not give a fck about fundementals in a bull market, dca out or get rekt.
ok cool back to ada you go solana gains 👍🏾👌🏽 that’s two things that go against what crypto is for form this project so i’m ouuuuuut…
lmao, i always knew there was something fishy about solana. i've never touched it despite it pumping. something just did not sit right with me.
totally unrelated to this incident but all i want to say is fuck chamath and his cronies.
sol gonna be round 2 of squid?
sold most of my sol for kda now. better safe than sorry
shitcoins gonna shit, you know?
just sold for more ada. let's see how far this dip goes
watched some of solana breakpoint with the the ceo talking about the state of the network bullish as ever 🔥
why do people still like this coin? they’ve shown to be the most centralized token in the top 100, now we have even more proof that these devs are shady. plenty of other projects worth investing in instead, especially the big one they are trying to overtake…
thousands of young kids have been scammed by nft sellers utilizing solana this year as well.
i never liked solana. idk why.
i will buy more sol.
so do i buy more now?
fuck em ya heard
i tried to talk about this in the sol sub and i got bashed and called hater spreading fud with 🤡 emoji at the end
you are a moron justin, because of you i sold my sol at loss, now it is going up. you are a worthless person.
sell it and buy the dip on shiba.
we choose ethereum for the security, scaling and decentralization so we can avoid garbage decisions and choices like this.
those dirty scammers. get ready for the rug pull.
you morons realize this happened a year and a half ago, right? this is not new news. anyone who does a lick of fucking research has known about this forever now. edit: i own 0 sol cause i hate the centralization of the coin--so i couldn’t care less. but if you’re dumping your bags now cause of this news…. you’re an idiot.
i thought that this already happened months ago. or did they lie again?
what the actual fuck. this does not look good.
time to cash out
sell solana buy monero
i do not get why solana even kept pumping after their last controversy. it seems like a sketchy coin
well, there is going to be a hell of a rugpull when the sun comes up...
god job man. i do not have any solana but now i will not buy for sure.
solana is the new eos.
whelp. selling all my sol right now
it's always the ones with ada flair posting bullshit sol fud.
glad i sold my 5 coins a few months ago.
think alot of people are hopping from sol to kadena now, its pumping hard... 😅🤤
sol lies. time for a dump?
i bought keep, and i am just waiting for december, i am just saying!!! i did the sol dance and got off the trainnnnnn lmao
sol is definitely sus.
solana is another completely centralized coin. mostly all owned by the team. they decide everyone's fate.
is anyone surprised? centralized coin, with a leader who has no care for crypto, and who's ftx platform has been accused multiple times of manipulating the markets, is lying and hiding? 83% of this centralized shitcoin is owned by ftx. but who cares? number go up. if you're projects is not hitting the 5 points decentralizition, privacy, censorship resistant, permissionless and trustlessness, then it is not worth while.
cashed out! it's been a nice 1000% ride, but goodbye now!
gotta love how they argued, they could not retrieve some 8m sol, so they just took some 8m sol from somewhere else. how centralized is this thing?
i'm glad i sold
i'm so glad i left that project after the shut down of the network.
another day, another crypto scam.
solana is the biggest rug pull on earth. the initial high profile investors are laughing.
solana will ultimately crash and burn...burn baby burn.
what's that!? unregulated coins screwing people over!!!!??? shocking
useless post, those are old stuff... probably someone who shorted solana 🤣
lol that is the best thing y'all could come up with to drive price down so you can get in 😆😂???
fud. this is old news
this could be the best rug ever pulled in the history of cryptocurrencies.
there the fake fud again … jeez . are you guys not tired of this tribal crap ?! stop shitting on each other project it won’t grow yours ! call out scams yes ! don’t fud on other serious project . we grow together better edit : this guys pin tweet fud on solana and btc and cheerleading for eth … guess what he is invested in …
i was not expecting something like that from sol.
is this the ethereum-killer people talk about? lmao
sold mine fuck that
and to the grave shall it go
people buy shib, they will buy solana. people even still hodling xrp
yeah i had a bad vibe from sol makes sense now. big bitconnect vibes
i hate to say it but regulations would put a stop to some of this bs. edit to say fraud is already illegally is not being honest. since the market is not regulated, rules are not in place. so it is not fraud because they did nothing illegal. sol can make secrete wallets, burn crypto only tell some people or tell the world. crypto has no rules. what sol did is indecent, ill moral and overall tool like but unfortunately because there are no rules around it is not fraud.
it just keeps getting worse but i still think it will pump because half of everyone is dumber than average (not invested in it)
a bit sus eh.
good thing i don’t own any! (i wish i did)
in this sol weekend scandal: sol team lies about supply. see you in the next weekend scandal
old fud posted yet again.
folks be salty they did not get in at like
when you attack a team of developers, and the entire defi ecosystem under it, you're being destructive to the future of cryptocurrency. surely posting an inflammatory article would not produce anything except for negative sentiment. did you get paid, or do you just really hate the people who work and invest in the solana ecosystem? the intent of posting this is to depress the price and value, so i'm curious what your motivations are.
thats why i stay away from centralized projects... give power and money to a few and they get corrupt
solana will go down as one of the biggest scams packaged as a legitimate product by silicon valley billionaire vcs. sol was a move to divert attention from other projects and suck the money of new retail investors. it was launched right after the 2020 march crash, out of nowhere. it is a centralized sql database, owned by a few nodes that take turns on having full control over the network, not decentralized at all. yet people cannot see past the price number set by the exchanges and their advanced ai trading bots. they will fall for it over and over again, desperate to make some quick easy money, which does not exist.
a scam in the crypto space? unfathomable
solana does not deserve to be in the top 10. top 100, sure, but top 10? absolutely not
and they say sol is decentralized ethereum killer
about time i sold.
i sold all solana the moment they stopped the blockchain. it's an utterly smoking piece of shit, get out from it.it's basically useless right now, the mongoloid apes made them pump the prices
after that solana outage for multiple days a month or so back ... should be telling but we are in a crypto casino so people don’t care
is this true??? if so i feel them on this one because you can’t be to certain america 🇺🇸 wouldn’t do something to hinder progress of their coin. so keep you some on the side to become billionaires regardless 👽🎰💰🦾 doesn’t bother me i still like the company
crypto doing crypto things. the drama continues. i am, in fact, still bearish.
thanks for the thiscount, dumb asses 😂
should i cash out?
time to buy the dip
cryptocurrency is a scam
fud sol hard but wheres the retracement? i want to load my bags thanks
sol can do no wrong
salty people that didn’t buy under 😭😭😭
lol believe it or not pump
but i don’t get it, on both coinmarketcap , the supply is hundreds of million tho, what’s the 8 million and 13 million number from?
bought at , sold at glad i did, not buying back in.
luckily this does not seen to be affecting the price of solana for now.
ehh, ill hold on to my sol for the coming weeks to see how this news affects them. stop losses in place to sleep soundly at night
well, solana will probably pump again because of bad news... again
did i do the math correctly? 13m x 250 = 3,250,000,000 = 3 billion and 250 million dollars?
what would people be saying if this happened on cardano? there would be calls for charles’s head on a pike
why has not price been affected?
i feel like i’ve heard lots of negative news regarding solana’s network but i’ve only seen the value go up.
why does it keep rising on this news ?
neat looking at the time stamps of these posts vs dips on the price sol.
only if some holders could read
didn't ethereum lie about capping total supply?
guys. go to algorand. just read about it.
wow, so many people crapping on solana. probably mad they did not fomo in all those weeks back. it would've worked. (i did not fomo btw, been holding since 15, sold at ath 2 days ago)
pretty shady shit but most will just ignore their antics
maybe y'all should not have bought into a scam
if you're truly for the way of crypto, you'd sell this shit coin. i know nothing about solana and now i do not want to.
how the fuck have not even half of you realized the majority of cryptos are actually shit? like worse than shit, i watch you people defend some supposed "stable" coins with evaluations thousands of percent higher than current price all the while blatantly ignoring the billions of coin in their respective float or how many were made daily. this is no longer a shib, this is a problem with "well established" cryptos
forget this alt-coin. go with the sure thing. long! stack (btfd), stake & hodl eth to riches! glta!!!
wow how is this coin in top 10?
so should i sell
oh wow. yeah i’m out on sol. network outage scared me. this is a bsc moon token play. the timing is sus to say the least though
regardless of the post the comment section is heated to say the least
how can cryptocurrency be hidden from others? isn't the point of all cryptocurrency verification of the holder and transactions?
this is the second time you’ve posted your outdated fud and the price of sol only goes up each time. at this point just keep posting this crap so the price continues to rise. your salty tears are delicious.
thanks, fud, i just bought the dip again. i am here to make money.
yet people will still pump this garbage
honestly any project could do this or is doing it
guys. seriously. don’t you see what’s wrong with this entire crypto scene? bitcoin only.
if it walks like a duck... avoid sol
thanks, dude, you are stupid as a pothole. i sold my sol under loss.
time to fill up the sol-bags even more when its getting a dip and then is going way back up! 📈
everyone time when sol pumping we seeing dump news
the network architecture of solana was created to scale with bandwidth and hardware... thus, validators can leverage gpu cores to parallelize execution and reduce verification times that makes its hardware requirements hardware more sophisticated than competitor protocols.
salty pussys who am not got phat sol bags ay
what's that? crypto is an ongoing and perpetual series of scams?
and who's to say monero's devs have not done this? or nano? or any alt insta-mined?
solana is better at everything a blockchain 🤷🏽‍♂️ eth maxis going full fud mode until their inferior eth 2.0 is released in 2023…
yesterday's article and sol is still going up, what's up ?
just go buy ftm
whoa! old and outdated news!
kadena all the way gentlemen...i really do not wanna get ripped by sol's vc.
i have a friend stepan. he runs barbershop. he says solana will hit bitcoin price by 23. should i trust him and go all in on sol?)))
oh noes they lied???? who fucking cares
eth did something similar at launch...
people really try to shit on solana for whatever reason. old fud, kthxbye
and that is why we abolish sol and embrace mina
time to dump sol and buy ada
lmao so if ppl are calling xrp a shit coin then what is solana or eos ? lmao oh the solana moon bois are going to be pissed. what happens when things start to roll out on cardano. lmao i hodl sol’d and ada but i’m selling all my soul for erg. good luck with the pump sol’d holders bc things are going to change really soon. people hate on cardano bc they didn’t buy in at 0.08 lmao so they went with sol’d for . it was 🤣 bruh sol holders are a bunch of moon bois. “i got in cheap on sol. ” lmao
*that’s it, man. game over, man. game over! what the fuck are we gonna do now? what are we gonna do?*
i'm selling my solana
how dare anyone sully sol's good name? i, for one, am appalled.
centralization, wouldn't expect anything else.
man, i wish i could buy puts on crypto
oh no! not again…(setting limit buys)
lol sounds about right
nice, lets crash the market. it is time again...
people do not care, shitcoins mooning is evidence enough. not a sol holder myself.
oh no! could a centralized cryptocurrency be bad?
where to find the source?
sol shenanigans are here to make eth2 copy paste bsc look like the best alternative to eth on layer 1 🤨
bringing new meaning to trustless currencies
but cannot the validators see the circulation supply? or is it because the solana team owns all of the validators? i'm genuinely interested.
lol human greed knows no bound.
i do not believe something going to happen here
wait are you trying to tell me that a decentralized currency which has no irl entity backing or accountability was used to scam people? *surprised pikachu face*
can't trust nobody when it comes to crypto
the worse part is the lying bit. having a pre-minted wallet is bad but trying to hide it really throws the whole project off... :(
most people would not look into these as that would require effort. this is fairly old news and happened back in spring this year, the total supply of sol right now is over 500 million.
ok so 4th largest crypto in headlines again, why is not it even pumping that much
oopsie ! guess its time for a price correction ... buy the dip :)
move over to xrd, you won’t regret it. great project with an amazing team!! full transparency
yikes lets domp eet
so is it a dead wallet or is it still sitting with the mm?
i'm finding solana to be more dodgy by the day - something "stinks" about them.
just when you think you've heard it all...
gold for this info. thank u.
sold solana when their system didn’t work few weeks ago and heard that there are only few validators and that being one is extremely hard (you need millions to be one), bought again after the dip and made again 30% but now i sold everything forever, it’s getting really suspicious
i cannot understand how solana is at number 4, while egld, which is 10x better product only at 36... crazy world
i'll take my profits can get more dot. idk how close serum is to sol but i really hope they keep making projects. good stuff that raydium.
it might be old news but still looks real bad.
do you blame them lol i’d have a b
even though this happened in 2020, we should be aware more aware of this as a community. this is exactly the type of shit that prevents the blockchain technologies from going full mainstream quicker.
i haven’t bought into solana and seeing stories like this really doesn’t make me confident in the long-term of this project and the token itself...
who cares its those hype coins that doesnt even exist after 10 years anymore.
hang on, is not the supply supposed to be publicly available & able to be verified somehow? not sure about the technical details of how this works.
why is it like this. why crypto gotta be so cryptic? 😩😂
certainly explains alot, interested to see how the market responds by tomorrow. it is not close to decentralized and has clearly lied to anyone who has invested up to this point... 0 transparency.
solana is not decentralized enough for me to consider buying it and this story only adds to my conviction in being careful about which projects to get into.
ooof i was so close to investing in them, glad i chose otherwise.
drop in the bucket from an ecosystem stand point
what is 3,25b among the friends?
i’m not in this illuminati globalist coin but if i were, i would probably quote rage it's comin' back around again! this is for the people of the sun! it's comin' back around again! yeah!
time to sell sol for algo.
their network crashed last month and it dipped but then doubled in price.
ok friends. solana is scam, now plx send 75 000 000 000 usdt to chainlink
this wasn’t the first time, just the first time they were caught. they will do it again, too bad too
what kind of fraud is that? 😵‍💫
so this sucks. what does it mean for sol? it’s been blowing up.
op it seems we are thisappoint
finally found this,,i guess it wont stop solana and it was way back 2020... some of their network crashed last month and it dipped but then doubled in price later on
sketch. and cringe. kek and binge to burn shib using any of these playlists, verify bigger entertainments burns via the etherscan link on the site, we can easily burn a billion a day! -
remember when satoshi lied about his identity and left his wallet untouched for a decade?
pyramid, ponzi…. take your pick.
solana was the ultimate ponzi. glad i stayed away.
good for them... that is like 😂🤑
i mean sol stands for shit outta luck... come to saitama. crypto noah is gone to ruin his next coin. we are in the clear
i have a friend in town he has a minimarket. says solana will hit btc price by the 28th... should i trust him and go all in ?
y'all shocked and thisappointed, fair and what's not fair, let us be realistic we do not live in in a fairy tail, every project in crypto have some """scandals""", like every business worldwide, do you think everything is fair in a billion market cap business? gtfoh adapt or get crushed
the d in sol comes from "decentralized"
from a technical perspective, have a look at r. it's a fork of solana, plenty of room for decentralization due to improved resource usage of validators, and backed by a great community with weekly releases. on thiscord, the community is active. website: [
crypto is supposed to work without trust. but given how much stuff goes wrong with solana, it appears, they are not at a level to function like that.
whoops, someone is caught with their pants down.
most of time, i dont feel fud easily but this is really scared me, after 8x gains, i think its time to convert to btc all my sol. however why this news revealed right now, timing is interesting also.
wow. glad i sold when i did i guess. wasn’t expecting it to go down like this though makes ask what other coins might be doing this 👀
so everyone will now flow to lrc watch
fucking assholes. this kind of bullshit does nothing but hurt crypto as a whole and make people not trust it. hes fucking us all.
dumped my bag before this turns into a shit show, thanks for the gains sol. maybe if they just turn off the blockchain and turn it back on again that’ll solve the problem.
this is why i sold my sol. they seem like really shady people and i wouldn’t trust them so much to keep holding. such a bad move.
they abruptly shut down their "decentralized blockchain" for almost 24h, lied about supply and had a hidden wallet... i cannot believe people still think it is an ethereum killer
selling my bag...sell sell sell
whats up with solana!!!! first the hack and now this… and its still pumping regardless. smh
nice, all that money will come to other true projects now
should it really surprise anyone that they did this. go look at the token thistribution… also combined with the fact that a lot of money going into the coin is by industry should raise a lot of eyebrows. but by all means pretend that you are in crypto for its decentralization lmao
people keep falling for solana lol
this can easily cause a crash, time to start thinking about selling
solana is a joke. these were the guys that literally turned off and restarted their network a few months back, right?
so they could pull an icp any time they want?
i do not get it there is an article from april talking about these 13 million coins. so what's the fud?
that’s why i’m supporting avalanche more than solana.
i wonder how many people will move to eth and btc now
seriously?! sold it for good old eth.
does anyone know a website that gives early warnings like these?
why? just why? greedy cunts
death by suicide i see
people warned y'all about them being a centralized garbage chain.
lmao if this is true, cardano is about to bounce back
kda to the moon topple solana
and this is why i should not stake everything
why do people like this chain?
why is the price pretty much holding? if i owned this i would drop it!
so what now? do they burn the millions of coins now and just move on? also crazy to see that this hasn’t affected price at all.
ive always been skeptical about solana.
aaaahhhhahahahhaa this is what happens when ppl don’t do research and put their money into bs tokens and coins based on what is posted on social media. this is the way!!
holy shit. just read a huge article about how they jumped to number 4. wow. this is gonna be a mess.
sol might go the eos way
i'm really glad i sold after that day they took the network offline. i had no idea how centralized they were. this even further shows how centralized they are being that they could hide such a large portion of the circulating coins. anyway, how is it possible for them to hide these coins? is there no publicly available ledger for sol?
lel you guys shouldve known better when they pulled the plug. even the nft market is completely dog shit. stick with eth and matic. maybe ava.
this is good for kadena.
that hits hard. it would be hard for any investor to not doubt their intentions when they blatantly lie to their investors.
shady shit always comes out
i feel bad for the new projects(gari token) launching on solana,
wait till a bigger news site takes this up and watch sol plummet into oblivion.
sol was faking tasks and chasing me the whole time but i stayed far away. sol super sus.
look at the chart. it already went parabolic. que the fud news. now is time to sell and short the hell out of it.
anybody ever invest in a fund where the fund managers don’t thisclose what they actually hold in the fund? this author runs cybercapital out of the netherlands and they do just that. 100k euro minimum investment and they don’t tell you anything other than the fact they only invest in top 10ish. not stating ratios is one thing, but not even a breakdown of what is in the fund?? hmmm ok. could their fund be holding sol? did they dump their sol? nobody knows since they didn’t thisclose shit. to me that is sketchy.
fuck sol. especially since. i sold it before this rally.
where is everybody from r? i want to hear they’re arguments.
too sketchy they have a record of burning people... puts on sol
**high whales concentration results in market manipulation** crypto data research firm messari published a token ownership thistribution report across seven of the most popular public blockchains besides ethereum and bitcoin. as of october 30, 2021, messari found out that 48% of the total tokens on solana were owned by the team and entities such as companies and venture capitalists. a further 13% was set aside for foundations, ecosystem grant pools, and participation rewards, and almost 50% to incentive community ecosystem funds. only a tiny strip on the charted data represented token allocation to public participation. solana’s token thistribution occurred in five different funding series with only one public sale. according to solana’s blockchain explorer solana beach, sol has a circulating supply of 301 million coins and a non-circulating supply of 207 million sol. additionally, addresses that have holdings starting from 1,000 sol and above account for only1.4% of the total address on the network, indicating a very high whale concentration at the top. the data also revealed that the majority of alternative blockchain ecosystems are less focused on public participation. in fact, foundations and community-driven initiatives that promote the development of these ecosystems are more prioritized. messari pointed out unfair launch procedures for public blockchains ultimately result in centralized control and manipulation from whales. “let’s be honest here, concentrated insider ownership may permanently impair blockchain’s ability to become credibly neutral public infrastructure.”
the d in sol stands for decentralised.
now there is a red flag if i've ever seen one.
always happy to take profits. 🙂
when there are more staked coins than total supply, then... should raise some red flags
the question is... what are the consequences of this exactly?
yea the article is from april... people are trying to smear cause it is at ath. the biggest concern i have with solana as a project is from the sept shutdown. really shows how centralized it is. i think a lot of other folks here share the same concern as well.
i assumed solana was sketchy after reading an article where the devs were buying bitcoin.
so what you’re saying is a made a good movie picking algo over solana then…
will this also tank tokens on sol blockchain? (like atlas, raydium, etc?)
i was going to yolo a month ago. im glad i didnt.
making something that’s decentralized centralized ? no surprise there, isn’t there information how solanas blockchain is actually built on amazon servers. jeff bezos nothing to see here!
and that, kids, is why you need to diversify your portfolio
damn ... not trying to trash on them but thats really scummy ... hope this wont thiscredit other cryptos
hahahahahahahaha this is gold hahahaha but you know what, people do not give a shit. they knew very well solana was a centralized scamcoin but they kept pumping it.
solana almost as bad as squid game
solana is a shady vc-backed company, simply masquerading as a "cryptocurrency". don't fall for it.
and then people say shiba is a scam 😂
sometimes dumps on you, never rugs.
for real. solana has had so many red flags and issues i'm surprised it is still so high up...
it's true. they borrowed 11.3m coins to a "market-maker" and promised holders that they would burn those 11.3m coins but they weren't able to retrieve those coins in time. they basically increased supply while lying to holders.
indeed we cannot deny it but thanks for the link buddy, it helps.
is it technically a scam? if the sold all of that they would basically destroy solana and take all the money, so it could be viewed as a scam imo, any opinions?
>i learned its old news. they are very transparent. > >
happened in april and supply now is around 500 million. so fud.
fucking snakes if you ask me. who wants to support liars and deceivers?
watch coinbureaus intro to solana where he researched the team. they are incredibly shady
how can 12 million tokens be hidden on a public ledger?
so is this fud or should i be concerned?
there are rumors on twitter that sbf's massive pump.
this is not really confirmation. but... there was a guy in the wsb thiscord that was hard core shilling sol and then just thisappeared after it popped. i put it on my list as a scam. so this information is not surprising.
this is old news.
i think it would be wise toalso read this article on medium and thanks to u, posted a few min ago 😉 [sol on medium]( [medium article](
so solana has now had a couple of network failures and a team with proof of deceptive action? not a holder of sol and i think i'll keep it that way.
solana is even worse than binance, after the network went dark for 1 day and they had a private meeting to see how to solve the problem was the biggest red flag ever... but people kept buying.
basically they lied once and now that lie is public again to shun it is fame
>apparently whales still hold a majority of sol but not 100% on that, you can be sure that in pretty much every coin the whales hold most of the supply. if it is the case with btc, then why not with smaller coins?
now what they have to do is burn these extra sol and issue a public apology
have you seen the chart of percentage ?
where there is one wallet there are more
302 million according to cmc
if they rug pull that is gonna be thisastrous for crypto at large...
is there no honour among even crypto bandits anymore
oh noo, we're all gonna die
people just want gains. they do not care about the project or anything. shiba inu is the biggest proof of that
the network going down is not because of the team and happened with the approval of validators, which is partly why it took so long, any other claim about it is actual fud, please correct
i thought about sol and had my reservations, especially due to the central nature of the coin. but now they really hid the funds, i am not going to invest.
it’s true lol sec should go after them !!! this is why i’m so bullish on cardano bc it come from japan. lmao oh i can’t wait for this show to boil over bc im going to talk hella crap on sol holders. the tech is there but the trust is whack. beats what crypto is about. fuck sol. and fuck them haters.
>hiding 12million tokens is bearish as feck it's a straight up scam
it's probably going to pull back some. traders will then jump in and buy the dip. then things will sort of return to normal again. at the end of the day, most people here are probably in it for the money. with that said, i've lost faith in the team after hearing about this.
so why are not people selling it
i'm personally not investing in solana, there're enough alternative and solid projects with more transparent teams.
actually they are just pumping it so more and more new people would invest on that.
thanks for doing some digging to put this in context! i would award… but broke edit: take my free
this fud news that is actually dated last year makes me bullish
sooooooo what's going to be this sub's new flavour of the month coin after we destroy solana's reputation all the way down to oblivion?
i have been a huge sol doubter for a while now and everyone here keeps dumping in me because of it. but look at this mess.
i should launch my own “ethereum killer” that’s just backed by a sql database. these same morons would buy it anyway because it’s fast.
shit, if i invested just ’d be worth . that’s insane, i invest in the wrong things :(
yeah, as much as i'd like to bash solana, when i clicked through to his source link, it was from last year like the people said.
i got ham but i'm not a hamster
people also don’t realize anyone could create a network with faster transactions than btc or eth if you had a centralized network running on only a couple google cloud servers
came back online after submerging it in rice though.
that's how you know it is a centralized shitcoin... hidden wallet with 13m lmao
my sol is now sold
if this is news from a year ago i do not think there is going to be a sudden exodus now because of a reddit post.
>watch it pump after such a reveal. smh this happened almost two years ago lol it already pumped. sol was .
i would expect nothing less. squidgame is up 100x from its bottom after the rug pull, a coin you cannot sell and is confirmed a scam. crypto is in full make scammers rich mode
it already pumped after this was revealed a year and a half ago. this is extremely old news.
the federal reserve bank loves this one simple trick (pro tip they are not federal and they have no reserves)
it's sort of like a "prison wallet."
the places on reddit with the huge blaring billboards claiming “we are not compromised, this is your haven” are the ones working the hardest behind the scenes to feed you things that “couldn’t possibly have an agenda” except it’s entirely more cryptic than any words i could confusingly write.
the stock market and banking are heavily regulated due to a long history of them being used to scam money from the small players. crypto removes all the protections
we all invest to make money tho
at this point it should be very clear that this is a project to avoid. yet people still see it as a big money maker, i do not think project with this much deception have longevity and frankly they should not.
i regret not buying solana as soon as i knew it. when it was at .
i feel bad for people that are claiming they sold because of this post
most of the solana posts i see on here pointing out significant issues are outdated. people keep posting old tweets and news and freaking out about it on here without getting the facts straight.
the fact that this happened is not okay. they abused the trust of investors in the most integral part of the coin's history. scam af edit: sam bankman freid is the next mark zuckerberg. dude is a cut throat, money hungry businessman and does not care aboit revolutionary technology. just money.
regurgitating fud from an eth-maxi, who made the original tweet.
dude, how would you react if you learn now that your girlfriend cheated on you two years ago? naah that is fine, she burned his number a month later.
you will never get an answer to this question, because it is reasonable, and no-one here seems to care for facts.
can’t argue with that point😅 that’s why i stick to xlm for wallet to wallet transfers (plus it’s instant)
that might just be the trick to this sub. i’m not a shitposters but that amount of money is life changing where i live lol.
love moons, but let us stop pretending they are worth actual money, you have no reliable way of cashing them, so whatever number you see as price is worthless.
april 2020. so did they get them back and burn them?
april of last year
this is why mob mentality is dangerous. everyone on this thread has their pitchforks out over something that happened a year and a half ago.
this sub is becoming more and more like a market-manipulating tool. even if you can laugh at people who say "i'll counter-trade the sub sentiment", when meaning it seriously (because investing is clearly something else), it is true that you cannot get good information here, much less in the coin subs, which are increasingly looking like shill-ape jungles. for all who thought they could invest following reddit sentiment, think again. crypto is complex and investing in it with actual knowledge is like a second job.
you are talking about a financial space that includes 2 coins in the top 25 about dogs. that have no purpose. you really think the facts, or the purpose really matter. green dick good, red dick bad. thats all that matters to 99.9999997% of the space. period
that's the definition of ez money lmao
crypto follows the opposite of whatever this sub says
yeah have a look at shib still tell me that because price goes up that means it is a good coin
do you mean the people who wrote the unsourced article nearly two years ago that the tweet is based on? if so, i agree completely.
kinda busted system if someone can simply lie and cause a big stink like this.
well, duh. bsc and sol are up because they are centralized and the founders can modify the tokenomics at will.
it can definitely survive a hidden wallet from a year and a half ago when this news broke
this place is full of clowns.
i sold all my algo for sol earlier this year. my wallet likes my choice very very much.
yeah my exact thought, i have actually used solana a few times and it was nice but i just feel like algo is better.
hilarious that you know its already happening and always has been.
profit is always good.
this is solana we're talking about
haters are looking hard for any ammo, and most people only read headlines and have no critical thinking skills. this is what happens when a bunch of children are set loose with their pocket money, to play mr investor. honestly, multiple threads about sol lately and so much circle jerk, with very few actual facts. whatever, my profits do not care.
it went down for a day and held its price. any real token would have fallen like a stone.
the s stands for sentralised
a ton of new people into the scene recently, cant blame the upvotes man
definitly not the bad one we have got here, i think we deserve something new here.
yeah right... if they tried to scam the investors in 2020 then who cares right now? is that what you want to say? oops someone found a wallet with 11.5 mil sol. we are so thankful to the community that they found out about it (official solana statement). they made it seem back in april 2020 that only 8.5 million coins exist. after the thiscovery of the 11.5 mio sol wallet they said they gave away some million sol (that shouldnt even exist) to a market maker. now they are acting like they just forgot to tell the public about lending some coins to a market. but why were there more coins than they said in the beginning is the real question. and why burning the sol (they didnt even get all of the coins back from the market maker) after they got thiscovered? if they only forgot to tell the public that there are more than 8.5 mio sol and made the decision to lend millions of sol to a market maker for liquidity, why asking the coins back and burn them? doesnt seem like they just forgot to tell the public if they do something totally different after the thiscovery.
these eth killers always kill themselves
ding ding ding ding!
get this, the tweeter's source is a deleted medium article linked on [archive.org]( ' edit: why are you booing me? i am right!
no. it’s an unsourced hit piece ftom nearly 2 years ago. straight to the top of r! why do i even come here?
you're better off before it dumps
what’s algorand’s approach to the blockchain trilemma?
most ppl that like sol do so because it is not transparent, i thought.
13m coins makes for 60% of total sol circulating supply at april 2020 real shady move by them and i cannot even imagine how sol holders must be feeling right now, definitely tread with caution.
fud already priced in.
buy algo bro. most undervalued eth competitor.
it has already started to bounce back from this latest fud
let's check the price... yup still the same. when the markets in bull mode it takes a lot, even the whole network grinding to a halt was a temporary blip.
come on... you're like sheep... do your research and realize that this reddit post is based on one eth maxi's twitter post bringing up something that happened back in 2020
this was all talked about and dealt with a while ago. if you sell due to random reddit posts you're easily manipulated.
and it is been answered too
ah same here mate, the news is just making a suspense now.
probably because this happened 1.5 years ago and the tokens were burned
this sub is a bubble, an irrelevant one
it's not a new revelation.
if it was not for vitalink i'd feel the same about loopring. cost me too in price because i held out for a bit
might’ve been* the unsourced article this tweet is based on was published a year and a half ago.
it does not matter what his tweets are, it matters if the claim.
the critisicsm of solana is fair, just a bit late as this happened in spring.
you could say…. like eth he’s full of gas
same with ada few weeks ago around alonzo upgrade, now sol, everyone is fuding the competing blockchain.
the people that make these articles are only concerned with how many people they can get to read it. none of these articles exist to provide the investor with useful information. if the people writing them actually knew what was up they would be making tons of money on their sick trades and wouldn't need to write articles for a living.
which other blockchain has degenerate apes?
more so with crypto because of the lack of accountability and regulations behind it all. it’s the wild west.
it should have after their last scandal
thanks for your insightful comment.
didn't they just finish their accelerated vesting?...so its the complete opposite situation? looking forward to breaking that ath!
just look at how much this sub hates bnb. $$$
what makes one think bitcoin is not in that casino? what’s the real world use of bitcoin - anyone?
they admitted it themselves:
if the dog coins can prosper, then there is clearly room in the market for any coin. and since those are doing so well, anything can happen. mob mentality basically runs the crypto market. but a few persons on reddit spreading some fud does nothing to change the price of anything.
when this "red flag" was thrown, sol was around . the market does not seem to care much about the aforementioned 'red flag'
rip. i'm at around 1200% up currently, but you do you lol.
this is what scares me about crypto buyers right now
bears hate the bull market. sol making me lots of gains.
this sub always seems to have conflicting opinions about sol. until yesterday everyone seemed to love it. 2 months back and it was universally despised.
crypto is worse than console warriors. you cant ask a legitimate question because people will just accuse you of spreading fud. it doesnt matter how you word it. its sad. cant really have a thiscussion unless its positive. unless if its a coin that not many care about yet
it’s not a rug pull lol there is way too much money to still be made. solana is legit and here to stay whether you like their business practices or not
yeah with this guy if it is not etherium it is bad.
no, drama is a sign of public interest, which means relevance, which means value.
once they shut it down unilaterally the game was exposed. surprised anyone is still falling for it.
why are we hating on ada?
shshhhh, not too loudly, i want to dca a couple more weeks at this price. in all seriousness tho, at one point people will understand that slow and steady wins the race.
looking at the past few months and bull market runs, this news would indicate a solid buy for sol and expect a 2300% return in the next week or two. and, of course, etc will pump along with it.
tell that to the shibsters. if you researched sol months ago, you would have known about this already because this news is nearly 2 years old. yet here you are, joining the fud. review what you think "research" is imo.
the coin dropped 10
they cashed out and moved on to projects they secretly love: shiba 😂
> if it makes you money in the short term why not? this is exactly why people call crypto a pyramid scheme. it's all good as long as you are not the last one holding.
but can you sell the same twice
soul is doing pretty well, up 50+% in the past 7 days. i do have some soul, but i am not selling.
does this include cardano
it’s only a shit coin until it kills eth? solana = shitcoin, eth is a very good coin unless you’re poor. in which case you make volunteer to hold your eth hostage unless you come up with
this happened april 2020
i guess people did not know that this adress was owned by the founders.
nah, that spot is reserved for hex.
technically it happened but the team fixed the issue and moved on, because that’s the right thing to do. but it’s super old news. don’t know why they’re bringing it up again now. probably trying to spread fud because they’re upset that solana is crushing the charts and they failed to buy any.
eos and cardano leaves the chat. only eth killer is eth 2.0
having 3 centralized coins in top 5 elegiggle
this man is making money not listening to this subreddit respect +++
i have a computer than can run a sol node so i looked into it the only way to be profitable is with a huge stake. turns out that devs had a program were they would stake for you when they were starting out and needed more nodes. now you gotta find your own investors. it’s very suspect.
honestly did not know it was 60%.
why is it a fraud exactly? apparently the ecosystem is great
any other big cryptos with red flags like this?
big company's trying to stop the growth of this monster
then explain me why my eth is currently in profit
the only issue eth has right now is gas fee. i do not know if eth 2.0 still can fix it or not. if not then i legit think it would not go as far as what people expected. nobody will be willing to pay hundreds of dollars for a single transaction. some other project might overtake its place if they does the same and have lower fees. who knows
while i do think this sub tends to fud too much, i wouldn't thismiss the points raised in the twitter thread. i feel a lot of you are propping up sol merely because "*line go up".* the design choices made in sol are terrible. you need a beefy computer to even run it. half the supply is in the hands of insiders and vcs. security and network stability are foolishly sacrificed for a superfluous tps that does not need to be as high as it is. the network was down for over 24 hours because of how poorly designed it is. not to mention no effort or consideration has been put into making sol eco -friendly. will sol reach ? probably. but do we really want to elevate a project with such shoddy fundamentals? investing in this because "*numba go up"* is no different than putting your money into shib.
pretty much my thoughts, ontop of the owner or devs being majority holders, they could just dump whenever.
everyone lies when they arent on time because of other people. its life and how development works.
when sunny days i really believe that legit crypto projects can change the world for good,but deep down i know that the entire space is a ponzi scheme
if youd taken some time to read everything about this incident, you'd realise these token were burnt a while ago.
all puppies die in the end. key is to be happy in the meantime.
that's not how it went though. there was not 1 guy pressing a "shut down blockchain" button. people who were running validators chose to shut down their clusters to fix the problem by applying the hard fork. if they refused, the problem would have persisted, which they could. there is no way the devs or anyone could force you to restart. i believe 80% had to do this, and at that time there were over 1000 validators. i mean sure if 800 people can decide to shut down a blochain, call it what you want but at least understand why.
absolutely, i use binance futures
i convert samo to sol on raydium then send to crypto.com. which takes minutes. then convert sol to fiat or to cro then fiat, cant quite remember.
more like eom. 500 eoy
does it feel weird to clutch pearls at year-old news?
yup, im not a fan of investing in corperations that just take money out of our market devaluing everything in our pockets honestly but thats just me.
no he is an eth guy and anything that is not eth is bad.
as someone who has learned to develop on a few different cryptos including solana... i do not think this project is bs. i foresee it probably crashing again in the future and potential issues with scams.
some people will even pay 300 dollars for a wallet to get into a coin.
it is fear, uncertainty and doubt. if the founders got fabulously wealthy because they secretly held a large amount of the coin for themselves - ethically that is obviously bothersome - professionally as well.
lol this thread is so bizarre. yeah i am sure you're thrilled you missed out on massive gains. me too bro, so happy i did not buy shiba or doge or whatever and go up a zillion %
sounds like you should take profit
hey hey hey! i hold ada. and sol. i want both to win.
like the post says, this became public in may 2020 and was addressed then. if you think sol was promising weeks ago, you should probably commit yourself to researching a bit more in the future before getting caught up in whatever the current hype is.
solana made me money. pumped 6x since june, meanwhile eth barely did 40%. and yeah, i dont need to sell my kidney for gas fees to transfer crypto like when using shit outdated ethereum. and it is not a meme 2. 😂
i'm just waiting for it to go down so i can buy the dip but it does not want to.
they're getting desperate too. the lie about the "foundation shutting down the server" did not work, so now they are trying to dig up stuff from two years ago they do not even know about to act as if the foundation was "trying to hide 13 million coins!". so either the foundation is completely stupid thinking they could hide coins on the blockchain, or the fudsters are for not realizing the thisconnects in their fud. i do not know about you, but i know who i'm putting my money on.
the guy posting it is actually eth maximalist.
>i think many people are just buying tokens based on the perception of popularity and possible financial gains. uhhhh... you think? this is the vast majority of people buying *all coins* i'd say probably 90% of the people in this market do not really give a single fuck about use cases or centralization vs decentralization, how many transactions per minute or the tech or any of that shit, they only care about "number go up" like, the top transactions per day coins are in the millions, global transactions per day on credit and debit cards are in the billions...hardly anyone is actually using this stuff in the real world, and the vast vast vast majority of the transactions that *are happening* are all people moving and trading crypto for other crypto. this is pure speculation on my end, i have nothing to back these numbers up, this is just the general feel from being on this sub, the internet in general and actual real life conversations...no one really cares, they are throwing money into this market and hoping to make a buck, they do not care about any of these technical arguments
what celeb endorsed sol? seriously asking
this is recycled fud. from earlier this year. it’s already old news. resurfacing now is just bullish to me. desperation play to recycled old news
dude, literally thousands of nodes. wtf are you even talking about?
ah yes, the best, and my favorite, coin. meanwhile my dumb friend yolod all his money into shiba before the run. i'm so glad i can tell him how wrong he is as he rides around on his new motorcycle he bought with the profits. it's hard work, being right, but at least the pay is shit.
ada is still shit, always has been. overhyped coin with a non-existant ecosystem.
where are the ada chain projects on this list? is this not part of due diligence?
atom dot and avax are the best next to eth
what's charles ada address? atleast now you know the solana shisters are dumping on you while charles has been doing it in secret for 10 months.
that’s like saying you are sure glad you got out of the ponzi scheme in time and fuck everyone who didn’t for not being smart like you.
circulating supply increases, price decreases
people hate on ada so much in this sub but they are transparent and decentralized. it takes time to build something right. big things coming for ada
one and matic is in my watchlist
yeah mate, we are just used to it and would not sell until we got the need.
i am sending you my only moon to get you to 1,000 moons :)
i do not think you know what misinformation means. true information is still true information. no matter the age.
everything with the 1% ers is a scam
no, i do not think i will.
haha... i heard this argument when i bought at . this thread was talking about how people buying were going to get rekt. we will talk back in december when .
fomo’d in at . we’ll time to buy more, now that this sub is clutching its pearls
seems like real old news too
class action suit because someone tweeted some facts? lmao
sideways for ages. and i was buying all the way up to 4 dollars. hodling and waiting. i really believe in iota, but i would love to see some movement. i feel like it has one of the best use cases in all of crypto.
wow you mean to tell me crypto is filled with scams and scummy business practices by people trying to milk money? im truly shocked.
yup, then you have an entire comment section saying old news instead of this is wrong, as if age of news matters when it happened less than a year ago as a argument point.
take your profits man, take your profits. next win you'll have 10x to start with.
next fud “solana isn’t a real blockchain, they will close tomorrow”
a lot more than a few months imo about 18 or 19
bro you can’t even spell it correctly
yea algorand is gonna rise like the dark knight soon
anyone buying solana after it was restarted is straight up insane lol
you’re welcome to ditch sol based on a tweet by someone who shits on everything that isn’t eth. this [news]( is from april of 2020, when donald trump was still president and sol was .74¢ long story short, solana [burned]( the tokens in question. not nearly as exciting of relevant as this fud headline leads everyone to believe. another ordinary day in r
lol sell now regret later!
good you can be the test subject for when they pull the rug
thanks for holding my bag, sucker
depends on how greedy people are edit : changed my mind after reading the article in the reply
this isnt fun its a pretty big fucking deal
didn’t etc get 51% attacked successfully multiple times already?
in what regard? tx per second? lol cause they are centralized?
i know right everytime a crypto is doing well these stories come out 😂😂 sorry that some others favourite coins have been stalling in gains
all crypto is shit coins. what are you on about?
was that before or after they took the entire network down for 17 hours? classic decentralisation play right there... 🤔 🧠
now that this sub is hating it again, of course.
this is old news. why sell
but because of you? or justin? justin manages your account? lol
don't preach without any credibility.
do not call people morons no matter how bad the take is ok? if you edit that comment i'll approve it for you.
haha are you really though?
can’t be a rug pull if you sell out before it happens ie sellers of squid 🦑 before the rug pull 💰💰💰💰💰💰💰💰💰💰💰💰😂😂😂😂🤫🤫🤫
really, don't get jealous about the growth...have a life.
seems like a legitimate concern...
the sol team hid some shady activity they did, and only admitted to it once someone else brough it all to the surface and they were forced to repond. you trust that same group of people that did that? if so you're a fool
fraud is already illegal. let’s not go making new stupid laws.
mate! majority of the crypto holders, have no idea how cs, mcap & price is related.
rip? this “news” is nearly two years old.
valid criticism is a conspiracy to crash crypto, good take bro.
this news is over a year old and the price has already started to recover this evening.
what should they have done then ?
the vcs thank you for the purchase. secure their bag!
yes, unless you want to be holding a completely centralzied vc scam that serves no real purpose other than to enrich the vc's like chamath that got behind it in the beginning to make a ton of money off all the silly retail buyers buying it, giving them luquidity to cashout on everyone.
>in early april 2020
have you seen the price recently? lol you def sold way too early mate.
seems like as long as the price goes up, people no longer care about satoshi's ideals such as being open source, decentralized
because it is old news from 2020 and it is already been adjusted for.
wallet with 13m wasn’t marked as a dev wallet
bitcoin? you mean the currency millionaires been hoarding?
its really not. there's articles online from april thiscussing this and sol has been doing fine since
wow bot spam not a good look solana
shitcoins are scams because there is room for them to be scams. its the same with anything else. as long as there are suckers willing to buy them
just swapped everything to loopring, invest in fraud and monopolies
because this same story does the rounds every 3 months.
ftm didn’t thisappoint me this year
lrc or miss out within 2 - 4 months time.
maybe but my first time hearing about it.
kadena is pow shitcoin
this is when you know it is time to sell.
i wouldn't want to invest in a coin made by someone proven to be untrustworthy.
well this is a valid reason
more like dump sol and buy the most undervalued eth competitor, algorand
that wasn’t raoul paul btw
yes the vc's behind solana are obviousl looking to cashout.
this article is over a year old lol
ada and sol are both developing blockchains with grossly over valued market caps. by comprison, polygon smashes them in every category and has 1, but 1000x more use and development.
you lost me at bnb.
look back at old news from 2020. this is not current news. this is a post by a guy that holds a lot of eth
said never twice twice
so it is not true?
lol we need to apply to get this entered in the dictionary under "false equivalency".
yup, obviously hiding 13m coins is same as being anonymous and not selling or buying a crypto.
tyson, jackson, jordan, game six
yeah bitcoin is sus
both imply leveled marketing. do you think hex is a ponzi to?
i mean, almost all crypto is a pyramid, you just have to believe in the base continuing to grow...
if a coin can’t hold its own based on its utility then it deserves to die.
like a hidden pirate treasure?
what the fuck is this shit?
this is not an early warning this is news from 2020. the guy that posted it it is pretty much if it is not eth it must be bad.
be cause not everyone panics. due diligence is enough to see that there may just be a bunch of fud here. a stop loss is enough for now.
sol sits in the cafeteria and shuts down the game by pressing a button whenever it feels like.
and missed out on a lot of money. 10-folded mine, got out and am a happy man.
i agree with the sell part, but buddy if you start shorting coins during a bull run you will get annihilated.
you would have to look back at post that were made in 2020 when this news came out.
how is solana at all decentralized before this
everyone's forgot how they just turned off the network a little while ago for a few days
essentially breaking the two most important pillars of crypto: decentralisation and transparency
that's fucked, it has not dropped significantly yet but probably because according to a recent post in this sub most of sol is held by a few whales and the team themselves, we'll just have to wait and see if the whales cash out
to be honest, as a perspective of someone who has worked with such market makers, there are only 2 ways this happens. 1: team gets greedy 2: market maker reneges on their promises and does not sell or burn as instructed. believe it or not, the latter happens all the fuckin time. you tell em to sell, but they do not. when my folks give me instruction to buy or sell something (i'm not an mm but i do have clients) you just fucking do it. it's not about profit, loss, whatever. you're paid to take instruction.
they just tooked money from market and using it to gain for themselves.
centralised and shitty devs? sol’s got the perfect recipe for thisaster
the corruptibility of man is the very reason why bitcoin was created. now we have a bunch of crypto that is just new tech with the same flawed power structures that aren’t decentralized enough to withstand the inevitable corruption of its founders.
because you said so? you've got some beef with solana that goes beyond these accusations of lying.
thats messed up. i feel bad for the investors.
why do they even have the ability to mint millions of coins out of thin air? seems like a major red flag for a “cryptocurrency” lol
man, this is terrible for them.
it's always been a centralized coin , what did we even expect?
man this really sucks to see. i liked sol too.
this happened 18 months ago
it's unfortunate i missed out on some incredible gains, but at the same time i do not want to support projects like this in any way. i've been looking at solana for a bit over a year, but i was always afraid of how incredibly centralized it was, preventing me from putting any money into it. seems like that was sadly a good decision.
[borrowed meaning contracted per standard practices.]( this is old news from over a year and a half ago.
it reminds me how important trust is in cryptospace.
so where can i verify this info for myself? thanks
i think this is when i sold my 6000 sol for 65c. it makes me sick looking at the price now
they did not increase supply. they burned coins from the foundation supply to even it out
"it's true" gives no evidence that it is true...
but they did burn it
they just make a huge mastermind plan, i just wanna know what they get?
that’s the literal definition of a rug pull
i see the supply as 508m tokens so this would be a 2% hit.
they are far past the point of being able to pull the rug.
i don’t hold solana, but while this decision of theirs is questionable the project isn’t a scam. too many big investors in it, and a big ecosystem in development. reason i don’t hold it personally is i’m scared off by just how much vc money is in it. if they decide they’re happy with their profits and dump their bags, that could dunk the price hard. but if and when that happens i’ll definitely buy up.
so did they end up actually burning the supply they said would burn? edit-
so did they end up actually burning the supply they said would burn? edit- they did
yeah i was wondering and confused why on coingecko it said the circulating supply is 300million and total 500million so sounds like this sub may of overreacted
basically who cares lol it is been half a day and no negative price action has occured.
it's unnecessary because people here (including myself) thought this happened today, which is not the case. because of that people panic-sold that otherwise wouldn't of if they knew that, i'm just laying out how this post is misleading because of that fact i myself do not have sol nor care for the project but barely enough knew this was old news
it's hard to say, i do not own sol nor know much about it
thanks for that, but this post with 1000 upvotes swallows it whole. there lies this sub's methods - spread fud and farm moons.
no. this is a fud attack, and your comment is part of it now. congratulations
i don´t hold big bag but this would be bad for all crypto. hope it clears but no way i´m gonna hold beyond this bull.
of course, but sol is a special case for the thisparity between whales and holders, there was a post here that showed coins with whales holding over 60% up to 90% + of the supply, sol being one of them
while this news is true, it is old news. this happened in april 2020 and they burned the coins in may 2020.
ahh wow! i didn’t know that either!
check out this post out that details why:
they also lie about their tps by counting any network chatter as a transaction, which no other network does when measuring tps.
they can dump whenever they want
thanks for the buy signal lmao (unironically)
lol, this story is over a year old, and they just shook you out of your tokens on a dip from ath before the conference next week when it’ll pump to like 400+
time to give my sol the d lol
tin foil hat time, the scammers are coming out of the woodwork in droves to push the needle more towards the side of heavy regulation. but let us hope i'm just an idiot.
isn't that aka a butthole
>the stock market and banking are heavily regulated due to a long history of them being used to scam money from the small players. and they still do it anyway.
it's even easier for them to manipulate the price of cryptos. it's the wild west right now
reddit’s hivemind has a long reach. hardly anyone’s gonna look into it, they’re just gonna warn their friends and talk shit on twitter. there’s a decent chance that even if this is misleading fud, a minor panic sell will drop the price anyway. then just buy the dip.
>bankman freid is the next mark zuckerberg. dude is a cut throat, money hungry businessman and does not care aboit revolutionary technology. just money. sounds bullish to me!
he seemed like one of the good guys before he put his name to worldcoin
one fud to rule them all
i wish my gf had 13m coins hidden from me that i now just thiscovered.
no they did not get them back they decided to unlock an burn the same amount. but i havent been able to find what happened to the original 13 m tokens.
somehow this feels worse - we know now that the issue was not fixed.
understandably so, these types of pracrices have no place in an ecosystem that offers trustless, permissionless, decentralized technology. centralized, largely premined garbage using a shit consensus algo that is nothing new.
reddit is all about mob mentality, that is why i do not automatically believe anything no matter how many upvotes or awards it gets. the dumbest shit gets upvoted all the time.
money follows hype in crypto! that explains the 9 lives of sol.
so supply increased almost 40x in the last 18 months?
i've more than 10x on sol which helped me buy into other crypto while still keeping a nice bag of sol. guess i'll be buying the dip. sol will still reach 100b mc easily in my opinion. faster than any other before i'm pretty sure. could be wrong on that.
solana was basically just a test network owned by vcs at the time and the sol they lent out was to give liquidity to some dex. they implemented a lot of changes and upped transparency after. i've read all the details and do not have a problem with it.
to do the exact opposite
read this on reddit the other day, "the d in solana stands for decentralised"
can’t trust if lied!
wait what? according to cmc their total supply is 508m?
google says circulating supply is 300m. where’d you get your number from?
circulating supply is 302m coins according to coinmarketcap… what’s the fucks?
what’s the total circulation supply now? 300m. you guys the sky is falling. this thread is full of fud and jealousy
cmc shows the circulating supply is 302,512,708.83. is this not correct then?
somehow i am salty i missed out on the 600% gains, but reading about the shit that has been going down with sol in the last few months, i'm glad
didn't even know they had so little coins in circulation
[this isn’t news. this has been known for over a year and a half.](
i feel like all i talk about lately is algo, yieldly, and tinyman lmao
an "ethereum-killer" from last cycle skyrocketed from 3 bucks to 30 bucks a token on hype alone, based on it being one of the first high-profile icos. the price tanked and never really recovered. meanwhile, ethereum 20x-ed to a new all time high...
was not this already posted eariler today and people were pointing out the same thing? i'm confused
this one in particular isn’t even an article. it’s simply someone’s post on twitter that brings up news from a year ago. deliberate fud attempt.
bitcoin's main function is to go up.
to have and tell people you have it.
agreed - i think the worst part is none of this even comes close to the open secret that is tether. once that pops, i’m almost certain we’re gonna see a dot-com level burst and subsequent bear winter. not sure when but honestly i’d rather rip that bandage off now than wait a few years.
lmao before the massive increase everyone on this sub was yelling how it was a scam and could not be trusted. i've learned over the past months to sometimes (not always) just do the exact opposite this sub suggests. if a sub is hating on something, might not be a bad idea to invest a small amount into that.
the attention span of this sub is overthrown by greed and woken only by undeniable fact, yet even in the face of evidence, favors denial so as long as there is profit to be made.
yeah what a crazy concept people wanting to make money in a financial market like cryptocurrency
facts. now that is scamcoin
write to vitalik with a complaint!
> consumed all ram of the nodes solana has 128gb ram requirements right?
it's hilarious how people are all about the tech, or centralization or whatever, when it is a coin they do not actually own. but when they own something, these things are less important and it is all about profit. people are so predictable lol.
i want everyone to win, not just sol or ada! i just hate that we have to fight eachothers, while we should focus on interactions and mass adoption!
they partnered with tether? thats gross.
i agree, i think where i get stuck is ( coming from working in a recruiting firm in the dot.com era and seeing sooooo many people just tossing millions into projects that failed miserably). is what "seems" fundamentally useful? or what seems like something that will take hold. i cannot guess as well. i sprinkle a little bit of hopeum into each crypto coin i buy.
i saw jason derulo post about it
lol, this subreddit never ceases to entertain
you’ve just encapsulated this entire space.
must be exhausting moving those goalposts so often
sure, its a non-existant ecosystem if you do not count the 2 million wallets, 650k+ people staking, 600k+ subreddit, an hundreds of projects being built. total ghost town.
cosmos is good but atom is kinda useless avax is inferior to sol & ftm
cannot blame em for wanting to make money lol
i did not invest with malicious intent. i just caught the wave because i knew it was going to get bigger. once i realised how centralized it was, i cashed out.
>circulating supply increases, price decreases sol up %20,000 since this happened lol
appreciate you! thanks for the assistance reaching a big milestone :)
i got in at . so i expect by the middle of december the price will double again !
they've already been had. you expecting a further 300x from here lmao?
it seems iota and nano are both strong in their tech but don’t go anywhere.
thats what i said then it doubled in price
and yet, people buy shib and all the other dog meme coins out there now. define "insane" lol.
how is it tribalism to thiscuss the trustworthiness or the devs?
100% the tribalism kicks in when someone sees a headline that is negative and immediately jumps on board with no research saying 'i told you so'. in reality this translates to 'i told myself so.' its no matter that the project has grown x percent since their first assement, at this point their mind is made up and theyre just seeking validation.
eth has been developing eth 2.0 since 2014 and still not released as of yet with no real timeline as to when it will be ready nor is it clear how much the gas fees will be reduced by and it seems it still will be slower than most newer l1's today, that is a bigger deal than this fud.
lack of credibility, i must pay attention. i love the sol ecosystem. very low fees compared to the rest.
correct, i agree with you.
the devs from squid game token made sure no one could get their money out though.
and yet this news is from 2020 and no rug pull.
ohh , i was thinking of shorting . thanks
yea but you should be able to see how many coins there are in total and the chain of transactions those coins have. blocks of coins just doing nothing either not seen or with no tranactions is suspect. than again that is how they might have been caught.
this is bullish wym
hates a bluechip, taking a shitcoin to washington \`redditor for 7 days\` checks out
🙄 if anyone is seriously considering selling sol over this nonesensical bullshit from 19 months ago, then yes, you should. you should go ahead and send it directly to my wallet. i will gladly take on your “stupidity”. discounted. merci!
lost is not the same as hidden.
i was so thisappointed with me by not getting a bag of ftm lol
flavour of the month?
i remember seeing this fud back last year and the team already resolved the problem. no need to raise a pitchfork like most of us seem to be doing
that's literally everyone. everyone lies about their project at some point. whether it is withholding information to make the project seem better or white lies, its part of business. plus 95% of crypto investors are ok with gambling with shit coins that have potential to moon where the devs hide their identity and own 70% of the token. yall are a bunch of hypocrites.
every cryptocurrency is overvalued considering where they are in their product life cycle, what attracted 99% of people to crypto is the ability to get .
absolutely true. the gaslighting is already in full effect
lol damn sarcasm does not transfer on redit.
if you don’t, you’re in for pain
referral spam, whenever you see this, report it!
i noticed that but it seems that it is getting traction again, i just want signs that warns me ahead so that i can stop my tradings.
i get what you’re saying. absolutely due diligence and plans but the devs hid 12m. imo it’s different than just riding on the ups and down of the market. it’s a fundamental metric to assess an asset and they intentionally misled people. but it seems more people agree with you than me based on the market response
good for you! i'm fine with eth for now.
i want to hug you and shake your hands... 100% i didnt invest into crypto to give power and money to very few that fuck me dry in the butthole in return...
nah mate, basically breaking the important hearts of the crypto.
well their "tps" includes attestation and node communication and is a utter lie as well, so at least they are consistent
who's gonna tell him about the 60m eth tokens that were premined?
the fundamental pillars of crypto are decentralization and transparency only insofar as they produce a trustless system. if you are relying on a promise in the first place, you are not doing crypto right.
it’s almost like humans in charge of currency will be inherently corrupt, whether it’s centralized or not weird
i thought everyone knew sol was completely centralized
it would not, it is huge vc money that needs to sell into the market, it is being pumped by the big boys
sol also has ties with tether team which has below 6% in cash reserves (which is fucked by itself) what i'm trying to say is when there is fud regarding sol, just give your pals at tether a call and the tether printer will start working to buy sol and prevent it from dumping to avoid hysteria and sell-offs.
that's because it can take 2 days to unstake. some people simply cannot sell.
you want to explain why is centralized? i stake with marinade.finance and we're pushing decentralization farther then most pos. so do you just think every pos is centralized, or do you want to damage the reputation of solana and the community?
i'm going to ask you to take that back. the developers work very hard, and do not deserve name calling
sol company had an audit. if you're unaware what audit means, it is inspection of financial books and inventory or their belongings. only question is whether this was an internal audit or external audit. if this was an external audit, this very well might be a true number of missing coins from total circulating supply back in april 2020. if this was an internal audit, there is a good chance sol team fucked with these numbers aswell and the real number could be much, much, much higher.
its old news, this post is fud.
still in time to sell before things go south
those coins weren't returned so they created another 8m and burned them, doing essentially nothing.
as in, it is not important at all. bitcoin has, as a pillar, that it is "trustless". the whole concept of crypto is that people will act in their own best interests. that's what keeps blockchains going! don't trust anyone!
damn, this might be one of the greatest rug-pull of this year
that’s my thoughts as well. i hold some sol, and i would be upset if all the vc’s decided to sell, but then i would just buy the dip, because at that point, it can only go up organically.
so solana burned 11million tokens from the circulating supply 19 months ago and that is ... bearish now?
i hold a lot of sol, this is not fud because the sol team really did secretly create tokens without notifying anyone and only apologized when caught.
no. just pointing out the reality that this would not cause any price action. i am not commenting on anything else. please do not make presumptions for me. my reply was to the first comment of this thread. op was wondering if this would cause a crash. i replied that it does not seem likely. what the crash or lack thereof implies is not commented on by me. please see their edit.
imagine if those people were here when eth was dragged through the coals? guess they would have panic sold their eth as well... i mean if we are all about decentralized projects then after this how could anyone ever hold or believe in eth? :::: ethereum has already failed the immutability test once when the dao exploit happened and vitalik decided to forego decentralization & roll back the chain & fix it.:: (written 2018)
and how the f come this surfaces only now? that thing been pumping in waves for months now... goes to show the level of due diligence in this current meme state of the market.
dca dump cost average
yeah haha that dude is a fucken moron.
lol fair! i'm a firm believe in voting with my dollar which is why i choose to support truly decentralized technology and things i morally align with.
she can bang who she wants if i have 11 million sol.
3.3m returned to them, 8m still owed to them by the marketmakers. they allocated 8m from their own foundation to burn the correct amount.
solana had a massive token unlock late 2020, this is unrelated to this news and something that was openly claimed
no one knows, but i'm going to be onboard for that ride too! good luck!
and that’s precisely why my sol is now sold
i do not own any solana but it is time to admit that the current market does not give a damn if the coin is centralised or decentralised. you've got bnb occupating , sol at , xrp at the sentiment might change over time, but this is what i currently think about the market.
makes ne wonder why the market does not react negatively about that, same thing happened a few months back when they had problems within the network, definetively sus
you don’t have to say that again, this smells like bitconnet
total circulating supply at that time, my bad. they claimed total circulating supply was at 8m, meanwhile it was over 20m.
[here's a twitter thread explaining what's going on]( this is not fud though cause this has been verified and confirmed by the sol team in the meantime.
yup and the governance programs started also!
yeah, it makes you wonder if these people are just posting stuff to get attention and gain followers or whatever. or if they are working with whales trying to manipulate the price and get people to sell their bags before the pumps. this is why i do not pay any attention to anything like this. it's all noise and does not matter.
i'll buy a little bit if it goes down 5% and a bit more every 5% after that. i doubt there will be one if nothing happened by now.
this is how i personally invest as well, i look at what they do and say "is anyone actually gonna use this?" i invest in a lot of defi stuff, even if the larger world is not interested yet they might be and the crypto space is *very* interested in defi because everyone is chasing apy, systems that facilitate payments and standalone blockchains because they spawn their own ecosystems but at the end of the day i also do not really care about how exactly the tech works, whether it is purely decentralized or not or whether the tps is 7k or 12k or 5k...whatever lol visas system is doing like 1500-2500 tps and look at how fucking massive that company is, arguing over this or that system that can handle more or less blahblahblah is kind of meaningless imo because as long as they at least have parity with existing cc i think the people who are "maximalists" on x token...there is not just 1 currency, there is not just 1 payment system, there is not just 1 type of bank, everything is specialized or generalized and you cannot simultaneously be hyper specialized *and* generalist at the same time, there will be quite a few platforms that make it in the end because they cannot be all things to all people at all times, there are always tradeoffs and they will all find their niches because some systems
it’s gradually becoming the jim cramer of crypto. just do the opposite of what they’re saying, and you’ll make lots of money.
i cannot wait to tell him the money he made on dogelon mars does not count cause the coin is a shitcoin
most are just ignorant about ada, they will fix out that ada has quality eventually. just give them time.
wallets and ada staking isnt an ecosystem. and there are not hundreds of projects being built. they struggle to get a dex running.
cause ada people spam the most on any social media lol
hundreds of non existent dapps. cardano has . it is quite literally a ghost chain.
use cases will come, atom tech is some of the best
is charles ada address public? proof.
congratulations on 1k!!!!!! remember me when you hit 10m moons
december i believe it will
yes, i was writing this with borat voice
true, we live in crazy times
well that about clears it up for me … why is this type of fud being spread? i actually find the mechanism to ensure that oders can be filled to be a good thing. thanks for the article
btw, open you moon vault please
remember rule 1. do your own dd. it’s your money don’t listen to hype for buying or selling.
thats why you people are just repeating that its old news vs wrong, because it actually happened and 2020 wasnt that long ago. daytrader mindsets are gross.
he says things are wrong in the crypto scene while shilling btc, while btc is being hoarded by wealthy institutions leaving less and less to the average guy (i had the impression that cryptocurrency's main thing was to stick it to the man).
fair point, but most of those "get rich quick" do not even navigate the ecosystems. ada is the perfect example... there is not an ecosystem to navigate.
got it, river in egypt.
i dont think you understand what a ponzi is? you guys throw the term around and dont even understand it. theres no leveled marketing... if you think liquidity is an issue 2 yrs after hex launch because top ten wallets could crash the price, well need i remind you of the very thread we are commenting on? btc top 10 wallet holders would crash a market, assuming an exchange even had enough liquidity to perform anything like that. i still havent heard anyone explain why hex bad other than people spitting out hex bad
i should have listened to the redditors that said “solana is a central bank running on an sql database” before investing any buck into it… :feels bad man:
crypto is the best way we can be rich without so much investment.
isn't that how hbar counts their tps aswell? meanwhile their (hbar) real tps is around 20 🤣
sol always looked promising to me, simply because of lots of transactions per second and their proof of history. but the shit this team pulled off this year is really infuriating. i have lost all hope in this project if the team does stuff like this. also the situation where the whole network came to a halt and how that was handled.
so you've got proof to back up this ridiculous fud claim?
damn i did not know that, remindme! 2 days
here you have your hw done buddy, thanks btw, you really did it.
also it is old news.
so that is a no on the proof then?
where can i look this report up, or look more into it outside of reddit? thanks
yeah, tomorrow's gonna be red time for solana after this spreads though
source? the 8m figure mentioned was from the coinlist auction. what exactly are you referring to?
man, you are all over this thread posting total thisinformation and nonsense. what's your agenda, exactly? here's the transaction where the coins were burned: [ i've seen your account in this thread posting a ton of times, even well after (according to the timestamps of your posts) others have pointed out and explained (quite nicely, even) that you were wrong, and yet here you are hours later repeating the same bullshit. i see you have deleted some of your other posts, as well. just know, some of us see you and we see what you're doing.
i more think about projects. people usually believe in projects because they somehow trust their founders, their map roads white papers etc.
> of this year i don’t know why, but this part of your comment had me cracking up. can’t wait for what next year has in store for us.
again, it is old news so neither bearish or bullish. but someone is trying to fud sol right now
well, maybe they didn’t want to sabotage their nascent project before it could get off the ground, so they didn’t announce that this happened. maybe they thought they could just release those tokens as part of the scheduled issuance every year, so it wouldn’t have any effect on the supply. and then someone found it, so they had to address it publicly. that’s not unthinkable. that actually sounds somewhat reasonable. but they need to be more transparent about things, that’s for sure.
nobody cares about fundamental when numbers keep going up. the post clear states that bits of it was known for months. a good chunk of crypto projects have some sketchy past. look at comp threatening users yet their coin price went up lmao
i bought sol in may and was aware of this
oh the old good sustainable long-term rug pull.
it’s cool that you let her keep 2m sol as well.
unpopular opinion now, but remb the rule: reverse r
right now, a significant chunk of the market only gives a damn about the coins which they think will make them rich overnight.
centralization and shady token thistribution makes the price really easy to manipulate. that makes it easier to engineer price increases. people like price increases. as long as number goes up the community will grow and find ways to justify the chain. it becomes a bulletproof feedback loop. that is, until insiders decide its time to exit stage left.
during bull markets nobody cares and the centralized coins have an edge since they’re backed by major market makers and exchanges like binance and ftx. being centralized also means they make decisions that help pump the price. meanwhile you see decentralized platforms without a central leader like tezos drop out of the top 10 because that decentralized process also means nobody is specifically trying to pumping the price. in bear markets though the centralized coins slump the worst because their centralized holders dump hard.
i don’t know either.
remember it takes most people 2 days to unstake their sol if it is staked.
coingecko had the circulating supply at 300m cmc also has it at 300m. i'm not defending sol in one bit but i'm just not sure where your number is coming from. care to share a link?
this doesn’t look good for them at all
do you have a link showing where the sol team confirmed this?
from a cynical point of view. this.
yeah im not interested in governance and i withdrew within a couple days for better returns, cant stand all the “ello guv’na” post on algorand subs so i dont go there anymore. cringes me to my core.
so what i hear you saying is that there is a chance i can become wealthy if i invest in squid token?... :)
how dare they not have a working dex weeks after being one of the first uxto pos networks to gain contract support. the humanity!!!!
cosmos tech is awesome, i also love its sdk, what i meant is the atom token is useless
so your answer is no, you have no proof he’s dumping.
because 2 data centres account for 45% of the validators, and because all the validators get their data from the 4 “trusted validators” that are operated by the solana foundation.
i’m not “shilling.” this entire scene has devolved into nonsense. bitcoin is the real deal, and everything created after is doing nothing but pretending. get some while it’s still incredibly early, don’t wait until you have to explain to your kids why your family doesn’t have any.
[ commenters from a year ago saw right through the ruse too.
also doing a 30x has been a nice free ride and i can sell whenever i want without creating large red wicks. wild.
even gavin wood, the founder of dot, said its no different from just going to a bank...
i mean, it is not too late to sell. it's practically at ath.
don't just sell though, if the last sol furore taught us anything - price does not reflect circumstance. i sold off the back of "they turned it off!" fud when it was at 140 and am sick to my stomach that i listened to the doomsayers at the time.
i have not been able to find this answer yet but i'm curious as well.
like most alternatives to ethereum, the only reason solana has such good scaling is because they have such terrible decentralization.
their tps includes node communication, its about 1% or less of what is reported in reality
what are you using that gives you ability for stop loss? i’ve been looking for this function over the last week, much appreciated
it’s dipped in the last hour
official article by solana team. it's on their subreddit. they borrowed 11.3m coins and managed to return 3.3m of them but could not return the other 8m so they mined another 8m and burned them 🤦‍♂️ i know there is two sides to an argument, but they seem like a super fishy dev team... edit: this is wrong, they burned 11.3m coins they owned, 8m coins is still owed to them by the marketmakers
that was why i initially invested in bitcoin, and a few other crypto's too. these days though, it is all about flipping to make profit, for most people imo i personally still love the whole premise of bitcoin and keep 70% of my portfolio in btc. the other 30% is to play with, and tbh a lot of the stuff i speculated into was just going with the crowd. it's funny though that the 30% "gambling" portion is outperforming the 70% currently so there is that. in other news, up is down and down is up, and i have no idea any more, i just want to make a bit of profit.
this... people dont wanna do research... just hype and fomo drives the price
reminds me of bitconnect
they had an audit (inspection of financial books and inventories) and it has been confirmed as true. google it and you'll find out it is legit.
because turns out that it is a shit design for a network that is supposed to be able to support smart contracts.
yea i'm sure he talked the lambo dealer to death with his motivational speech and stole it. no other way he got the money for it.
i agree btc is endgame. alts are casino tokens to get more bitcoin.
buy in. encouraged to buy in large. lock away your buy in for returns in the same currency. fines if withdrawing early also the creator is a literal criminal…
i am amazed solana has suc a large following in the crypto world, when it is always been apparent that solana has super shady aspects to it, and it is structured way more like a centralized company than any kind of real cryptocurrency.
exactly before they do select * from solona we should take it out
i bought at 26 thinking it was for sure going to 60 in this bull run. boy was i wrong
i was surprised that the price didn’t tank after the entire network was down for an entire day… you made the right call to sell imo, this market is irrational sometimes
if you're at all worried about centralization claims you can stake your sol with [marinade.finance]( and you'll be helping decentralize. also, join a solana thiscord community, they are almost all incredibly friendly and helpful.
here, where they burned this amount of tokens? you seem to have dozens of posts in this thread but neglected to mention the solution they reached.
whoa, last time i checked sol it was 175 (in euros) now it is 200+, and *that is* a dip? hard to believe it was 3-4 in value last year.
can you post the article? your statements are kinda vague on the tech side. not saying i don’t believe you but i want to see the post itself.
thats been pretty much proven by the amount of meme coins we have in the top list.
i sold 90% (before this coordinated fud). in case it keeps going up i want to have a small bag
glad you know more than everyone building on it including one of the worlds leading ai phds.
so because it yields rewards its a scam. are most defi projects people get rich off of scams?
solana and ripple demonstrate that decentralization either is not important to the majority of investors or they do not understand the long term value of decentralization in the first place. on a long enough time line centralization can and will incentivize major acts of greed at the expense of everyone else.
time to get on the radix train
lets see if my memory of sql is correct. update solana set solana.accountholdings = 13000000 where solana.name = "anatoly yakovenko";
the one thing i learn about crypto trading is that nothing is rational. otherwise, doge and shib wouldn't be in the top 10.
exactly, it pumped form 30 to 200 but after shutdown it droped only to 140. be best part price rose to 250 after all that
you do not need a phd to understand that.
i’m not gonna argue semantics mate. i’ve had this pitched to me. just like strongblocks and all the rest of this new wave of defi scams. legitimate ones aren’t super complicated and obstructive. you probably won’t read that, but it sums it all up pretty well. be safe
i'd go with the first part - but the investors that matter are the whales who will let it pump to the sky then boom! watch out below, here comes sol
the kind of quality content 👌 i come to cc for.
at the end. drop table solana delete the database
fuck i love me some sql in the morning. cheers fellow programmer. 🖖made my morning
its a statement by the founder. within hours of this unravelling he explained what had happened, apologized and explained how he was going to fix it. you have posted dozens of times without mentioning this, it is absurd . here is where they detail sending the tokens, and the burn: what is deficient in that second statement to you? you are argueing completely in bad faith here, imagine posting about this all these times and ignoring all the responses by the solana team.
where in that article does it say they mined new coins? it says they transferred them from the foundation wallet. also, isn’t this transparency right here?
yeah apparently armchair reddit accounts are credentials enough to understand complex computing.
sql is a beautiful beast and i love it
just edited my original comment. you're right.
"complex computing" lmaoooo sir cardano cannot run functional dapps, it is shit.
isn't san francisco the city where you can get an app that shows where in the city human feces are on the sidewalks?
checks san francisco poo map ... ' ' ' ' checks out
they have been hiring for a talent team up in canada, so i'm assuming they have been wanting to move away from being dependant on silicon valley for awhile now.
i have to visit sf once a year for work. my last year actually downtown i watched a naked lady sing opera and shit about 10 times dancing in a circle. this was next to my . now i stay out in sonoma at an airbnb for cheaper, ride in early for work and leave at the end of the day.
i've seen a ton of people saying that san francisco is in complete collapse, but i always had the impression that it was the richest and most expensive city to live in the us. what happened? edit: thanks for so many replies. i was not expecting it to be this political, though.
i live here. this does not surprise me at all. unfortunately, i think this is the what needs to happen in order for the city to move in the right direction. i work in an industry that was literally shut down by the pandemic. when we were allowed to open up again, we had lost almost all of our business. a huge chunk of our revenue was. for the likes of kraken, uber, twitter, sony, you name it. we've hosted several crypto companies at our venue. even though we had been allowed to open, none of the large tech companies had moved back to the city, everyone was still remote. if these tech companies start to leave en mass (or do not come back), we are screwed. our business model, and in a larger part, *the city's* economic model depend on these tech firms. sf's economy has quite literally been built around the tech industry. when the city first started to reopen, it was a ghost town because the tech firms had remained remote. officials were panicking trying to find a way to get the tech firms back into the city. its a catch 22. the city needs these tech companies to come back to support the economy, but its these same tech companies that have caused the housing crisis, which i do not think anyone would argue is not a root cause of the homelessness, crime, mental health crisis, drug problem, you name it. i think all of that can be traced back to the insane cost of living. i heard a mind boggling statistic the other day about the homeless in sf. if you've been here long enough, you've heard the homelessness being blamed on other states exporting their homeless population here. the argument being (and maybe this is simply some way to divert blame or denialism), that the homeless population is being imported because we have these stupid fucking laws, or rather a lack of laws, that have decriminalized things like theft. the reality of the situation is that (and here is the statistic) over 90% of the homeless population in sf *became* homeless here. meaning they were once housed and since living in the city have *become* unhoused. think about that. yes, we have a homeless problem that is being exacerbated by decriminalization of things like theft, public urination, trespassing, all of it. but the real problem is that people are *becoming* homeless. literally losing their homes because of the insane costs of living. this also is not just an issue that effects the downtown area or the financial thistrict. its everywhere. i live in the outer richmond, a neighborhood part of town. its pretty chill and outside of the big downtown area. recently, the walgreens closed because of the theft. driving down clement street, you'll see people in broad daylight driving down the road, stop in the middle of the street, someone gets out, smashes the window of a nice car, grabs whatever, and simply moves onto the next car. no one bats an eye, cops do nothing. my little family owned local bike shop has been robbed 3 times in the last two months. cops do nothing, they do not even come to the shop to fill out a report. the little family owned grocery store on the corner has the same people almost every night walk in, grab 2 bottles of wine, walk out, and there is nothing they can do. its so fucked. its not the tech companies fault. moving that many high earning individuals to the city so quickly is what has warped the housing market and priced people out. the real blame lies with how the city leadership has reacted. we have no new affordable housing, they refuse to build any, any new development needs an income well over 100k, shit even a renovation demands this much at minimum. we have rent control, but as soon as that lease is up, landlords jack the rent up and price any similar tenant out. these stupid decriminalization laws are just mind mindboggling dumb. small businesses are closing, retail is leaving, tech is leaving, and the life blood workforce of the city has been priced out by an out of control housing market. i think a lot of us that live here in the 50-100k range are ready for a crash. i hope the city can figure this out before the tech leaves, but if that is what it takes, so be it. i have 3 roommates, we are all middle earners compared to the rest of the country, and in any other city (sans maybe new york or another huge market) we'd be living alone or own a home. here, we are technically all under the poverty line, which is 82k. even if i made 100k a year, living alone is going to cost at least , and that is if you can even find. its insane.
this is the best thing a ceo could do in this case and my thoughts go out to the people in san francisco!
went for the lunar new years festival for a few hours when i was working about an hour away from the city. parked in a highly populated area, bright lights and people everywhere. when we got back to the car 4 hours later windows were smashed out, all of my and my employees tools were stolen. cars were still around. called the police and filed a report. asked when an officer would be on scene and they said “sorry but no one will be coming out to the scene, i’m sorry this happened to you.” and hung up. that place is broken.
it’s gotham city in san francisco. almost everyone i knew out there has moved out in the last two years. it’s overrun with crime and angry people looking to take what you have. if you still live in san francisco, leave or take back your city. nobody wants to visit a crime-ridden city.
kraken ceo is the vitalik of ceos
i stayed in union square years ago. and it was dirty, the hotels were very over priced, it is noisy. i have no desire to go back to sf. well waiting to catch a street car in union square a homeless person tried fight a family member. i do not blame him. plus as dev, remote all the way.
good. more businesses should leave sf until leadership gets it through their heads that they’re failing.
sf politicians are a joke, one of the wealthiest cities in the world and a hub of technology is a cesspool of crime that isn’t being handled
as someone who has lived in california my whole life, i agree with his move. san francisco has turned into a shit hole quite literally. right before the pandemic, wife and i went to a concert, stayed in a really expensive hotel in the financial thistrict. walked out of the lobby and there was a homeless man right outside the door spreading his cheeks and shitting on the sidewalk. all the locals just parted around him staring down at their cellphones like this is just normal. we both decided then and there we are never going back to that city.
that's what happens when you enable people by letting them steal 1k worth of stuff before they even bat an eye. where you empower the rich and pay the people who service your rich pocket change. this is the great leadership they have. you cant blame republicans for this. this is the policy democrats put in. not saying turning red would fix this but blue sure am not either.
i lived in sf and the bay area for twenty years. the real decline came in the past five to ten years. it is very sad to see that state that sf is in.
i live in the bay. me and a group of about 5 friends were robbed at gunpoint on the sidewalk in sf after getting out of the car. couldn't have stood there more that 5 minutes. the leadership failed that city a long time ago, but since covid its downright dystopian.
kraken taking charge again. it’s top shelf
anyone else notice he spelled his name wrong?
damn sf is turning into grand theft auto san andreas.
can confirm. san fran is a hell hole. went there a year and a half ago, and it’s even worse now
hes not wrong. look at all the asian hate crimes happening in san francisco
kraken does not fuck around - i love that company.
i went there for four days, and my wife and i were chased by a meth head who was shouting death threats, about cutting off our heads, shooting us, etc. he followed us for about 8 blocks, even running in front of traffic when we ran to catch the end of the walk sign. we ducked into a store and he stood at the door shouting in at us for about ten minutes. eventually we got an uber to escape. we also saw countless people peeing and pooping in the street. none of this took place in a bad area.
i used to live in sf as a tech employee. got shit and rocks thrown at me while waiting for my work bus. sf is an absolute shithole. garbage place with garbage people. fuck you sf.
you get what you vote for.
it's nice seeing a ceo put his employers' safety above money. i hope we'll see more of this.
dude sf is like gotham city now
chesa ain’t going to do shit and neither with the next da. i mean let’s realize who was before da as well and what little she did.
i'm so fucking surprised... i used to enjoy sf. complete social experiment thisaster. fuck sf
it isnt any one single problem. the city and its various governing bodies have been dysfunctional for awhile. the kinds of people leading the state and city are not true experts or administrators that understand how to run and govern a city. many of them are political appointees who have no idea what they’re doing or have focused exclusively on a person’s identity vs their capability to get the job done. at the city level you have a rift between the police and the da. you also have a lot of lazy people employed by the city where nobody is accountable. you have a medieval bureaucracy that prevents anyone without millions to start a business or own a home. at the state level they leave the housing crisis up to local cities who ignore the problem. the only way developers can turn a profit is by building luxury apartments because of the bureaucracy costs. to get a permit you effectively have to pay a bribe to ‘experts’ that have contacts within the city who help get your approval. you also have the majority voting public that have voted for all of these policies and given leaders a mandate. i’m afraid it has to get a lot worse before it will get better and voters are prepared to change voting patterns.
so the perfect city for batman to rise
for those of you interested in facts here they are the crime rates of us cities in 2020. [ it seems pretty bad to be honest san francisco is the 37th city from the top for violent crime. with 715 cases per 100,000 people per year. lets look at the worst case murder. in sf its 6.35 people per 100,000 in london and madrid cities of comparable size the rate is 1.2. so thats 500% higher
these fucking activist loser da's in sf, seattle, baltimore and now manhattan have confused their sociological fantasies about how the world is supposed to work with the actual reality of enforcing the law. it's fucked up that blacks and, to a less extent, latinos have higher incarceration rates than other americans. but the solution is *not to stop enforcing the fucking law*. baltimore is ahead of the curve on this from when they voted for a junior prosecutor with only a few years on the job, and before that a legal clerk and a real estate lawyer, to be the state's attorney (title for da in maryland). she proceeded to basically destroy the fucking city with her bullshit and lack of experience. the previous prosecutor had murders at 196 his last year in office. under mosby they shot up to as high as 348. she has entirely stopped enforcing the law for "low level offenses". all that does is give criminals license to act out more. now she is under federal indictment for lying on her taxes. these other shit birds are remarkably following her example. it's unfuckingbelievable.
ya i grew up in sf, while it’s bad that’s concentrated downtown. companies could relocate to sunset or presidio and rent out a building for the cost of a floor in downtown. this is just an issue of location and while it’s bad it’s not like they’re are no options
holy shit what this world turning into.
good for them making a definitive statement
hell yeah! got himself a new customer today! if your employees cannot even get to work safely- move on. strange days when oakland becomes more desirable and safe than sf.
this is a result of dumb fuck decisions to move every tech company corporate hq to the bay area. housing prices have been outrageous there for years. normal non tech workers cannot afford to live and so they get desperate. desperate people do desperate things, and others just take advantage of the situation. this is entirely caused by the cost of living in the city. next up, san diego and seattle.
sf has been a shithole for over a decade. literally shit on the streets and homeless assholes all over the place. not nice, quiet or respectful homeless people, completely entitled homeless assholes
sf is a fucked city. i'd move if i had a comany there. no recourse to deal with the thugs
is crime in sf exponentially worse than it was in the summer of 2019? i felt pretty safe then around the touristy areas, and i'm bringing my family to visit this august. this thread is making me have second thoughts.
sf seems to become the new detroit.
chesa has been a clown since the start... letting criminals out knowing what they have done...so many cases where this criminals were released or never properly did their time and got citizens of the city hurt or killed. this clown needs a good case of karma ...no one will feel bad.
i visited san francisco last weekend for the first time in a couple of years and it was thisgusting. the sidewalks are overrun with homeless people and fentanyl addicts. trash was everywhere. and i was not even in the worst neighborhood. that city has always had its issues, but lately they have definitely gotten worse
almost like a city with empathetic policy towards homeless people would attract other cities to unload their homeless onto them. shout out nv and az as well as berkeley, el cerrito, san mateo, san bruno, etc.
new york is actually headed this way too, rapidly for some reason. the amount of crime i’ve witnessed & had to assist with, as a bystander is insane.
so why is it so expensive to live in sf if it is just a shit hole?
unfortunately, san francisco is not a good atmosphere to be in. cars are being broken into every [few minutes]( and asian hate crimes are on a staggering rise. smash and grabs are happening in broad daylight in union square. the millenium tower is sinking, south market has turned into the heroin district and even nob hill residents are having their homes broken into.
can anyone summarize what's happening there?i've become more clueless after reading comments and i feel dumb.
san fran famously sucks. you have 4+ people living in million dollars shit hole studios together. the streets notoriously have human feces in them. the “turd in the wind” joke at the end of the first venom is literally about san francisco where it takes place
agree, they’d be better off moving to the surrounding areas they might even get a new office with cheaper rent if it’s outside of the city limits. plenty of smaller cities nearby with a tech presence.
my favorite dj, nora en pure, had her rental car broken into and bags stolen there a few weeks ago. passport and hard drives with her work were stolen. i have no desire to ever go there.
this explains why i haven’t heard back on a job interview i was expecting this week. lol. fml
strange we never hear about this in the news.
visited sf from europe a week ago and i was just sad the whole time. the massive gap between rich and poor was just shocking, it felt like a third world country. not blaming the homeless - i do not believe that the majority of them had a choice in how their life went.
holy crap, did sf became gotham? now we need some madman vigilante in a suit and were all set.
they were in plans to shut down anyway. paying 80k a month in rent when most are working remote makes no sense. this is good pr though
this is not just kraken and sf:
get what you vote for.
it's not just the da, but the attny gen & gov, as well. need to clean out the entire state elected officials and start all over to get things back on track - and even that will take quite a while.
this comment section is a joke.
well, when you have such a high cost of living that is almost impossible for the average joe to achieve, what do you expect is going to happen? ' sf was fucked a long long long time ago. ' a great place to visit. but, an absolute shithole to live, just like chicago where i live.
it’s a shithole. i wonder why.
the ceo was in such a rush, he forgot how to spell his own last name.
jesse is an amazing ceo for standing up for his employees and customers!
move it to oklahoma city! real estate is !
not to get political but they get what they voted for.
imagine paying , criminals who steal openly at the local retail stores, and needing to keep your car unlocked so criminals would not break your windows
the criminals are just misunderstood. this can all be fixed with more compassion and understanding. the thieves and muggers are the real victims here.
usa already looked madmax-esque 5 years ago. future looks like hell
i had no idea things have become so terrible in san francisco. i think san fran is the most beautiful city i have ever visited. it's my favorite city to visit in the country but it is been many years since i've been there.
unfortunately he is right sf, especially market street, is one of the dirtiest places in the entire world. the amount of human waste you have to walk through is sickening. i've been to third world countries that were in better shape
as a san franciscan fuck boudin! that guy is destroying my great coty! a chimp could do a better job! absolute shithead!
overpriced and unsafe. what an uninviting combination.
california. where theft is morally justified and being a business owner makes you evil.
i used to live in san francisco and rarely saw any crime despite a few broken car windows. i’m from argentina. you guys don’t know what true crime is.
good for him! san francisco is a wonderful city being ruined by asinine policies.
these is why everyone is leaving california
san fran is a lawless shit hole.
last time i visited sf i remember seeing a deranged homeless person wildly swinging around a road sign that had been knocked over screaming "i'll fucking kill you motherfucker" at anyone who passed by. he then tried to throw said road sign thru a businesses front window until the owner came out and started yelling at him. all the while two sfpd officers where just standing across the street watching.
market st is no joke, i do not blame them one bit. i worked near 6th and market for 4 years and saw horrible things daily...and that was before the pandemic. i can only imagine how much worse it has gotten.
sf crime rate is considerably higher than most california and national averages. i personally stopped visiting sf even though i live 2 hours south. the website neighborhood scout does a good job of highlighting the problem neighborhoods. [ i would recommend anyone visiting to stick to the main tourist areas, do not leave valuables in cars. park in parking garages, uber or trolley everywhere.
when your city is stupid enough to elect the son of domestic terrorists who hate america, then you get what you deserve
not all ideologically liberal policies are bad. what san francisco has done in the past 20 years (possibly more) is a great example of bad (corrupt) ideologically liberal policy.
let's talk about where they located the office... it was not exactly 30th floor of the salesforce tower. but yes, recall boudin.
i mean technically the job of the da is to protect all persons' rights.
if you can afford it, it’s a superior version of nyc.
seems to be that he would know how to spell his own name
yeah seriously rip sf
dude sf was bad before boudin, don’t think he contributed much to what is going on rn
need a judge dredd style clean up. satire becoming reality.
as a fan of the seattle's new nhl team and someone not subbed to , it took me a long time to figure out what on earth was going on. hi from .
change the city st st. louis and da to kim gardner...
what a clusterfuck of bad takes in the comments
i live in la but visit sf every year. people saying the city has turned into a dumpster fire with crime, homelessness, mental illness, and drug abuse are correct. it does not even look or feel like sf anymore. just try walking through union square and tell me otherwise.
they need some democrats to get in there and straighten it up.
san fran is so fucked up . people now park with all doors open so ppl just don’t break their windows. i love a couple hours north and would never drive my car into that city. people shooting up heroine literally all over the city it’s rampant. a city imploding if you ask me. they need some real solutions for drug epidemic
yet everyone who fled ca to texas are trying to vote the same fucking people into power. ya know, the ones that ruined their home state so fucking badly that it became uninhabitable? it's baffling.
sf has had uninterrupted democrat leadership for decades and near unlimited tax revenue compared to almost every other city in the us thanks to the tech industry. if liberal policies worked, then sf should be the prime example of it, and should be the best city in america. but it is the exact opposite, it is a literal crime infested, unsafe, shithole. how much longer is it going to take before democrats connect the dots that this is what happens when liberal policies are taken to the extreme without opposition. it's not a coincidence that people are fleeing blue states for red states to escape crazy levels of taxes and crime.
why is america like this?
defund the police they said...
sf is a shithole. he is right, as much as reddit doesn’t want to hear it. this ultra liberal city protects its criminals more than its working, law-abiding citizens and creating an extremely unsafe city. i’ve been to a lot of cities across america, and this is the only city that you consistently see human feces in the middle of the sidewalks like it’s normal. this needs to change.
san francisco has some lovely areas - and i’ve rarely felt unsafe in the 12+ years i’ve been in the bay area. i’ve spent all day walking through the city and been absolutely unthreatened. but the sad reality is that right wing provocateurs love to use occurrences like this to rip liberal policies and turn sf into a punching bag, while offering no solutions. the truth is that cities have crime because that’s where all the people are. it sounds like a kraken got a cheap office in the sketchiest part of the city and then got caught unawares when the pandemic hit and crimes of opportunity spiked. that’s not to say these crimes are justified, obviously crime is bad - but the problem is far more nuanced than the raging kraken implies. there are several overlapping problems here: if you’re homeless in san francisco there are programs in place that will help you rehabilitate and reintegrate with society and put a roof over your head. these programs are safe, have empty beds but are not at capacity. but people do not use these programs as they just want to do more drugs - but at that point the only solution is forcibly rounding up homeless people and putting them in a state hospital . i don’t think many people are ready for police vans rounding up and forcibly detaining homeless people. if they did, i’m sure the right wing echo chamber would be complaining about fascism. crime tourism is a thing. people drive in from outside the city with the intent of committing crimes of opportunity, in what they perceive as a target rich environment. criminals have been caught in sf, in oakland, all up and down the bay - who have driven in from another area 10+ miles away. without banning cars or installing an extensive privacy-invading network of traffic cameras, this is hard to fight when crime takes on a flash-mob mentality. the da in sf has been perceived as “soft on crime” - but regardless of his personal approach to the work, he’s been undermined and publicly criticized by the police and other right wing political elements because they want him to fail. they do not want crime to go away, they want more money for the police to do the job they’re currently avoiding doing. a solution would be to increase the police presence, be “tougher” on crime and start forcibly rounding up homeless people- but that’s starting to look fascist.
democrat states for you...
another city liberals ran into the ground? imagine that.
california is dead, texas is where all the cool people and their businesses are going now. it could have completely been avoided, but their politicians ruined the state. let's hope californians do not export that shit to the states where they are emigrating to ...
sounds like every blue state
running low on cash so they have to move elsewhere…
it’s a real shame san francisco is a beautiful city and it’s now just rotting away. people are still paying very high rents and taxes. it’s only a matter of time until people start leaving. then what? you will have a massive city infrastructure with dwindling tax revenues and then things really get bad. it’s happening all over the country. you can’t have a functioning society without basic rules. it’s real simple. the negative elements don’t pay taxes, they certainly don’t vote so why pander to this element at cost of decent tax paying citizens that follow simple rules. it just doesn’t make any sense.
thats what happens when they refuse to prosecute crime for felony level worth of stuff, like shoplifting, and other crimes as well.
sa is turning into detroit.
more companies should be this concerned about their employees.
san francisco is an amazing city with incredible natural beauty. it's a shame the way things are going over there currently. i hope for the best for everyone involved in this bad situation.
one by one everyone will leave that place
i love san fran but honestly this is an appropriate response—leave. it’s completely out of control.
sf has been headed in this direction for a long time. it is not a safe place to visit any longer.
ah san fran, the liberals playground.
it’s very racist of that ceo to attack da chesa boudin for defending citizens against the evil police state. lol i mean i don’t actually believe this but it’s fun to join the libs’s efforts in destroying their own cities
nancy pelosi's thistrict as well. makes sense.
vote more woke leftist mayors and governors 🤡
it’s just poop and needles
lol at the subreddit of sf calling crypto worthless and money laundering for rich. can’t fix stupid, that city is garbage.
probably should be looking at michael shellenberger for governor in california. he seems like he actually has a plan and wants to fix that states problems.
liberal shit hole. "with a crime rate of 51 per one thousand residents, san francisco has one of the highest crime rates in america compared to all communities of all sizes - from the smallest towns to the very largest cities. one's chance of becoming a victim of either violent or property crime here is one in 20. within california, more than 97% of the communities have a lower crime rate than san francisco."
lol folks in this thread who think this is a result of wealth thisparity & there needs to be a higher minimum wage to solve it along with increasing amount of government aid. you represent the voter base that elected the garbage that has caused this. newsflash: it's about the law. plain & simple. you tell your kid or employee there are no meaningful consequences to thisobeying you, what do you think is going to happen? bring on the downvotes, they are about as helpful as your ballot votes that perpetuates the ongoing destruction of cali
i’m glad this post got tagged as politics. i don’t get the hate towards sf in this sub. if you don’t live here or travel here, why do you care about sf so much? focus on improving your own shitty town who’s politicians are probably doing everything they can to restrict your voting rights.
america is "slowly" turning into gta
as the wealth inequality continues to increase in the us this will continue to increase. parts of seattle are getting bad as well from what i understand
quite the utopia they are building over there
ugh. sf is bad but part of it is due to the housing crisis. if we just routed funds to actually provide homeless with housing and mental health services the city and the public mental health system would save millions. it costs so much money just to admit and take care of one mentally ill person in the public health system (from my friend who works there). i don’t blame companies leaving. people don’t even want to have events there anymore due to how expensive it is and the crime.
guess the liberal agenda is working well
so let me get this straight... we go all black lives matter and defund police and overall acab from the left, making it nearly impossible to do any kind of meaningful policing, then when things go to shit, suddenly now we're all like "why is there so much crime??"
🎖worst comment thread 🪡 of 2022
“boudin's push is to divert people away from the justice system, towards thing like addiction counseling, welfare programs, or other diversionary programs.” and how’s that workin’ out for the tax paying citizens of sf? saul alinsky would be proud.
what’s happening in sf? or is just being sf like portland is just portland now. it’s the new norm.
for some reason, i posted twice in the kraken community but my posts just thisappeared? kraken please answer.
is this what happens when you pay tech workers insane salaries and the rest of the people in the city struggle to get by?
move to chicago, much better here
this is the current democrat agenda. i still can’t decide if they really didn’t realize it would play out this way, or if it’s what they wanted for some reason.
are there any safe democrat run cities?
why don’t you look at who is in charge in those high crime areas…
let the brain-drain continue to other, saner areas. sf is a dump. much of the bay area is. the hope is that the people that leave do not promote the same values.
california in general is a shit hole which is sad because it is such a beautiful land with awesome people and weather. i would recommend not going and if you think i'm exaggerating than look into the mass exodus going on. i live in washington and californians are moving here like crazy.
they got what they voted for. fuck em
for people outside the us, san francisco probably sounds like a good location to visit. if they only knew...
ahhh the liberal parathise.
should've just gifted all employees guns
keep voting for liberals and this will just continue
cool, so kraken employees can work from home 100% now?
they are welcome to florida
some clarification from a public defender in san francisco. turns out, tech folks might not know everything.
he misspelled his own name :/
did he seriously issue a letter with his own last name misspelled?
who the heck is "jesse **powwel**"?
rich guys walking around freely in poverty stricken streets, what did you think is gonna happen? one of the effects of gentrification that they don’t speak about.
i have a feeling that the new tech hub is going to be out by reno. frisco is a hobo toilet bowl that everyone wants to flush!
it seems like only a few years ago, sf was the place to be. very expensive, but just a great city... what happened so quickly!?
ummm the entire usa has been a 3rd world sh\*thole for a while now, every psycho and a$, inequality stoking violence, mental health non existant, lunatics killing everybody every day the america i grew up in the late 60s and early 70s is gone, supplanted by hopelessness and hate and killing machines
don’t move to texas
sf is an absolute shithole
i live in the bay area and sf is a shit hole thanks to pelosi and the scamocrats.
you want to defund the police and get rid of them? this is what you're looking at. play stupid games, win stupid prizes.
because left leaning policies are actually cancer, those who take responsibility for themselves are better off than those who rely on others to grant validation
the city is a shit hole! don’t go!
the whole west coast is like this; a complete shithole run by incompetent morons
san francisco is a failed city because of the leadership. go woke, go broke.
red states are safe, texas is going to be booming. but please no democrats aren’t welcome here.
why does kraken even need physical office space, of all the “do it from wherever” remote jobs… i’d imagine working for them would be the most applicable to a remote working environment, no?
sf is run by geniuses can’t you tell?
make sure to step over the feces and needles on the way out.
sf used to be an amazing place to visit. it's sad to me that i probably would not ever go there again due to the shithole it has become. and it is time for people to quit being in denial of how this happened.
no shit! san francisco has been an award winning dung heap after years of commiecrats policies. anyone one with half a functional brain cell and 1st and last month's rent would run like hell away from that city... and also "the democratic peoples republic of commiefornia" seriously, how stupid??
remember democrats did this. the city was very wealthy and could’ve been run perfectly and been a great city but far left “woke” ideologies have ruined the city. my brother was just there a few weeks ago and his car was broken into and everything was stolen. the rental car company says it happens 6 or 7 times a day. most cars just park and leave nothing in them and the doors open so the windows don’t get smashed. downvote me if you want but it’s the truth. democrats have run that city for decades and its getting worse and worse.
welcome to san franshithole
vote republican san fran!
silicon valley made the cost of living so high around there. now these tech dicks are bitching about the environment they all contributed to creating. no shit, if a bunch a nerds show up and make it impossible for everyone else to live, then they’re gonna get their shit jacked. it’s the consequences of their own actions, and them acting like law and order needing to crack down is the problem is just deflection from their guilt.
all democrat run cities are crime infested shit holes.
ironic how leftists’ soft on crime policies are actually alienating moderates and pushing them to vote republican instead. and also, we know damn well what kind of people are committing these crimes and why the left are hesitant to give them their due punishment
too bad the ceo is staying in russia, i wonder if it has anything to do with him donating to the trucker convoy or him being a conservative ceo obsessed with profits. also he misspelled his own name?? this guy is full of shit
california is so weird. they won’t allow you to buy a gun for self defense but then want everyone to get a vaccine for self-defense. not to mention the apps that tell you were human shit is on the sidewalk’s.
i'd rather live in a jungle than in sf.
probably has nothing to do with the fact sf has become one of the areas of greatest wealth thisparity in the us. when an ordinary person can’t afford to live anymore, they will turn to crime. every single person in here will turn to crime if they can’t afford anything. it’s not a mystery why this is happening. and if the idea is to throw more cops at it, then that city will suffer even more.
for context, jesse powell also donated to the truckers who shut down ottawa. this is a narrative constantly pushed by conservatives about san francisco. are parts of market street pretty grim right now? yes absolutely. but find me a city in the us where there aren’t rough parts. he actually chose to put his office there. most of this city is absolutely wonderful, clean, and safe. the city is better off without him.
what do you expect when the da is the product of domestic terrorist and cop killers.
i’ve been going into sf everyday for work since aug 2021... some days i leave work at 7 pm and walk through market street... felt perfectly safe! i don’t understand why so many people have a problem with the security in sf??
liberal policies in action, hate to see it.
sooo ... this guy could put out a statement outlining how his staff were getting fucked over in the parking lot without actually hiring more people to monitor the parking lot? what's the political angle here? this is a beat up thisguised as a concern for "worker's rights". and i'm ashamed at the number of idiots who have fallen for it. no wonder aliens have kept their thistance, you wankers.
i had a brown skinned friend who lived in the mission for decades in the family home. one of those typical places where each floor was its own shotgun shack type of residence. once a very latino area that had since gentrified a very young tech white. he was a bit grumpy as him and his wife were having some issues and he just wanted to be outside to think and calm down and be left alone for a bit. one of his own neighbors, white tech type, who had recently moved into a different unit in the same building called the police on him for sitting on the steps of his own building, just chilling, smoking, people watching because they felt scared of this man sitting at the entrance to the building he lived in. police showed up and shot him on the steps of his own house.
get rekt. none of us wanted you here anyway. byeee 😊
rich people dealing with the inequality they create... so sad.
democrats are cancer. actual scum of the earth.
silicon valley has crazy wealth inequality. all that money hoarded by a small few. it’s no wonder they face these issues and i don’t see it stopping until the silicon valley and tech execs stop their greed and decide to help the community
maybe it has more to do with the social economic policies of the last 40 years coming to an abrupt reckoning. could it be that people have been forced out of their homes and businesses due to rampant greed and this is just a by product?
crpyto criminals are just jealous of street criminals.
blaming chesa is a red herring. the _people_ the city needs to keep it running smoothly cannot afford to live there, among many other problems. sf has had these problems a looong time before chesa.
anyone on here not a piece of shit capitalist? this is clearly click bate where the actual facts are not shown. i’m a big crypto fan, the only problem is we share the space with a bunch of white, capitalist, elitist pigs. this is the very people crypto is made to escape. white rich kids with a trust fund who don’t believe in the project, just the gains. much like society. i wish this was the first post where i got this impression, but it’s not. crypto is supposed to be a way out, more so for those who are oppressed, but this shit is just damaging. fuck you op and top comments
this was always going to happen. when capitalism is out of control and the rich keep getting richer and the poor keep getting poorer. what the rich politicians don’t understand is that everyone is effected, even them. it’s not a case of being for or against capitalism, it’s a case of trying to ease the divide as desperation does not thiscriminate. it will only get worse.
kraken gets an hq is a bad part of town and blames it on the da. lol o
what a literal shithole that city is
guess what's best os best. safety first
i’d love to get some more context on the robbery. people in the city ignore their surroundings; i remember when pokémon go came out and people were getting their phones stolen left and right
i was just watching moistcritical being... critical about san francisco just yesterday. it apperantly has it is own poop map, yes a map of poop, that shows where someone found some poop. the amount will shock you.
blaming the da is somewhat popular right now but not a universally held view.
what political party allows this utter nonsense!??
or, you know, do not put your hq on market st. that area has been a cesspool for decades. that's nothing new
tech is the cause of sf problems. there’s the tech and there’s everyone else, mostly too poor to live in the city. sf is a perfect example of wealth thisparity
lmao sf does not want kraken, anyone that can’t see this is a moron
they were gonna shut it down anyways. they're just using crime as an excuse so they can blame the left.
don't know where you get your info groomer? nobody on the right supports the russians. you must be a deciple of pmsnbc or some other chi-comm adjacent propaganda outlet. and it is well documented that the left tard child molesters are very heavily influenced by marxist ideology. besides that, san francisco is a shit hole that hopefully will slide off into the pacific ocean very soon. thatspitonya, comrade.
wow. good on the ceo
parks in sf = hobo bathroom. never seen so much human shit in one place. but it’s just what you get for being “woke” 🤷‍♂️
in the richest country on the planet there is an app that tracks all the spots where people have shit on the sidewalk so people avoid it. it boggles the mind. maybe we can start an erc-20 token and people can earn through reporting shit in public areas. make it a shit-to-earn game.
when the rich pillage the working class for decades and take everything and leave nothing but scraps for everyone else, desperation sets in. this is only the beginning. until the wealth is re-thistributed back to the working class and people have hope that their hard work gets them somewhere, we will continue to see society crumble around us.
sf was never safe, it is one of the weirdest things in the world where people pay 5k rent to be in middle of crime center. stop this “oh i want to live in metropol, i feel alive” bullshit.
huh crazy what happens when you defund the police
i can’t understand why people continue to vote democrat in these cities.
this is what happens when you let the far left make decisions
voting has consequences. when you vote for people who publicly express they are soft on crime this is what you get. reddit would have you believe this is an over reaction and try to cover up the daily posts of rampant crime across most of california especially the bay area.
well done by their ceo. san francisco is a thisgraceful shithole, especially market. shocking, depraved place. human faeces everywhere, one of the biggest cess pits on the planet i have ever had the 'pleasure' to visit.
aww the poors getting too close for comfort?
california is and will always be the worst state in america, ny is right behind (coming from a new yorker).
lived in sf for 18 years. francisco is still a beautiful city, but god the downtown area is thisgusting. if you’re going to live in sf, pick a nice neighborhood far away from the downtown area. i don’t blame workers and companies that are located downtown for leaving the city. if you’re going to visit, don’t stay in a hotel downtown either, pick an airbnb in a residential neighborhood and you’ll be spared from the sight of drug addicts overdosing in the streets. sf has some serious serious problems. it’s such a shame because the city has so much potential and can still be beautiful.
whats going on in san francisco?
love the redditors who speak of cali like its a utopia. place is a shithole.
first mistake: being in california.
agree totally. if you let people get away with murder then they will and murder more as well.
no one outside of san francisco is shocked by this. it is not going to get better there for a lot of reasons. i guess it is good that jesse finally realized it. it is not worth endangering peoples lives by having a business in a shithole like sanfran, nyc, etc. technology has moved past the days where you had to do that. anyone who cannot make the mental transition to nearly 100% remote workforce (where possible) probably wont make it in modern business another decade, including extrovert sales people who have this insatiable need for human contact in person.
the liberal utopia was just too perfect.
free hand to looters, police is scared of taking action against these guys
born and raised sf native resident here. the ceo is right. some parts of sf are more safe than others, but all parts are fair game targets for criminals now. i’ve never had my car broken into in my life until december 2021 parked at geary. luckily nothing was stolen because i know better than to leave expensive shit in your car, but it was an exploratory window smash because my trunk was covered. you can’t wear and bring nice things anymore in the city
wait wait, so san francisco is both obscenely expensive to live in, and extremely shitty? why does anyone live there? lmao, just lol.
not shocked. my employer has a branch there and we recently hired a new employee and his car was broken into on his first day. the employees literally have sent pictures to management of people shooting up in the shared courtyard. latest i heard is the city (or someone in charge) is now sending people in to supervise the drug use. sad and wild. glad to see kraken willing to do something about it. c'mon over to vegas... we've got a ton of infrastructure in place to support ultra low latency networking requirements.
wish they were ceo of my company. the same issues happen in downtown houston. my coworkers have been chased by naked lunatics and had vehicles stolen out of the employee lot, but the c-suite could not care less because they made a special office in dallas just for themselves. another hurricane flooding the highways for the 1000 commuting employees and they want to go home? hah kick back and light a new cigar.
lol you guys are so delusional. the tenderloin is crazy but the city as a whole is amazing. kraken is migrating to remote work force so they are reducing rent costs. yes, the man that misspelled his own name in this memo is such a chad...
i live in santa clara, about \~20 or so miles from the city. crime has spiked into the suburbs as well. but what can you expect when jobs do not pay enough to live here. lots of people say just leave. but that is easier said than done, and what if all your family is here. people are going to do what they have to to have a shelter, food, and clothing. things will never get better, in fact i expect they will get worse, until the underlying causes are addressed.
could he have worded it differently? i'm not a fan of saying certain people's rights should be above others. that just creates class warfare. it creates centralization of power. it sounds like they need to hold the da accountable for their policies. instead of advocating for enforcement of different rights.
well, he’s not wrong. san fran is a liberal hell hole.
because californias becoming a shit hole and their politicians are the driving force.
they should consider themselves lucky they didn’t have bum poop thrown at them.
i can’t imagine wanting to be in san francisco, either way.
the guy can’t even spell his own name right on such a important press release. i hope you guys are not leaving any funds on their exchange lmao.
plenty of fear monger and not facts about san francisco. here’s an alternate assessment:
even the ceo's response is toxic as fuck. a failed war on drugs and an extremely poor social safety net are some of the reasons why san francisco is the way it is. a city that obsesses over rich people and ignores those who have nothing. not to mention the racist corrupt police force.
the post was about something completely different, but the mention of sf resulted in me learning that there is apparently poop on the streets of sf due to the high number of homeless people, and that there is an app which can trace this. i guess the lesson from big ole mama cass is that you've got to wear flowers in your hair to avoid being suffoceated by the smell of the city. i'll never see sf in the same light again.
this is crazy. cancelling the trip to san francisco i never planned on scheduling.
sf is a terrible place to go, i used to enjoy it there, now i avoid at all cost. and why is it nearly 10 dollars to cross the bridge? how can it be that much? fuck you sf.
to be fair, this is happening in a lot of places in the us. total shitshow of justice. everyone is afraid to have another george floyd incident. they are better off just letting it all go. not saying it’s right, i’m just saying how it is right now.
sf is scary as fuck these days man. makes dtla look habitable
cali is a shithole compared to any red state
i've never seen the pacific. should i just bypass the west coast and go to hawaii?
i mean its also equally unfair that sf has to be the backbone of homeless care with other counties.
i live in sf and can confirm the state of the city has fallen into a state of despair. yes, there are some areas that are still gorgeous and you can find some reprieve but the biggest thing for me is the constant crazies that assault and get in your face on who knows what drug. everyone here has normalized it too is the worst part - but what can we do? who knows what kinda drug that person may be on, your best bet is to just keep walking. tbh, it’s starting to remind me of when i visited são paulo, brazil. the rich live in their private communities while there’s despair on the streets, needles, dealers, literal human shit i have to avoid stepping in daily, and not to mention the countless fentanyl od’s and crime. i am hopeful the city is hitting rock bottom enough that local government gets their shit together soon, but my patience is starting to wear thin on paying taxes for all of these “services” where it’s clear that money is not being used to actually fix or clean anything up.
i do consulting in the bay area and san jose and have never had an issue.
progressive parathise... only a couple hours away and used to love going there but not anymore. blocks and blocks of homeless junkies with trash and needles everywhere... shit and piss all over the place and break ins constantly happen.
lmao what a bunch of babies.
who would have thought that wealth inequality would have deleterious effects? i'm not defending anyone in the ca government, but this seems like a pretty narrowly-focused attack on a much larger problem.
bearish on san francisco 🤦‍♂️
wtf is going on with these comments...looks like a conservative echo chamber edit: i was somehow on controversial on my comments...makes sense
sorry to hear that... something needs to be done by the authorities!
what do you expect? the gap between the rich and poor is outrageously big. i’ve seen families living in tents. its sad. the it industry that ruined sf, and needs to fix it.
so where's the totally real police reports they filed? nice right wing agitprop you guys
the worst part of this trend is most of my liberal and centrist friends are now sliding into republicanism out of thisgust and fear. this whole ultra-liberal approach to things will cause a backlash of authoritarians being elected out of necessity. a certain % of people in every society are misfits with antisocial default settings that need to be penalized... now, we tell them, "oh poor baby - it is not your fault".
also jesse powell- "you have to give trump credit for his ability to make everything sound great and well-handled. is any of it true? who knows but it feels awesome. go usa!" "do you have to be asian to leave reviews on ?" "i'm a supporter of euthanasia so i would agree that there could be justification to kill humans of any age. where the line is objectively, i do not know. throughout history, different cultures have practiced infanticide and eugenics. why not kill just anyone? property rights." dude is a clown
i smell a rat. like rat as in "i do not know what happened to our company's holdings after we were forced to move." wait for it.
to be fair it really matters what part of the city you’re in. i’ve been completely by myself super late at night and been fine in rough areas and nice areas. you definitely need to pay attention to your surroundings though and not make yourself look like a mark.
this guy shows how a ceo should act
this post is not about crypto please remove
why do these people always come off like they do not have a clue? tech workers are pricing regular people out of the bay area. those people turn to crime to be able to get by... to survive. the ones with mental illnesses, they tend to turn to the dope rather than violent crime. you know what you'll never see? a tech worker. but to the regular people in sf... kraken and it is employees leaving sf is good. the people robbing kraken's employees would love to see them fuck off. maybe when that building of patagonia vest wearers leaves town, some robber somewhere will be able to afford a studio again. maybe kraken's ceo will get a clue. but i doubt it. tech has an accountability problem.
lol they care when it is in their own backyard. this is just a small business owner getting pissy. don't slap a crypto label on everything and act like it is part of the revolution.
i used to dream to live in the usa. not anymore... its a cesspool of woke ignorants or fat rich arrogants or corrupt politicians and the tax code is pure hell to hold the middle class on a leash. only the rich can pay accountants to escape the tax burden.
another reason why kraken should be the number one choice for buying crypto.
i thought liberal california was parathise??
keep voting democrat and you get what you deserve
kraken ceo is a little bitch san fran is wayyyyy safer than many other cities
lol, this is such overdramatized nonsense. i’ve lived many years in both “red” and “blue” cities, including sf right now, and petty crime is a problem across the board. predictable wealthy white techbro nonsense.
sf is the future of america.
yeah all of cali is fucked, i thought this was common knowledge now
in this thread, "conservatives" see nationwide effects after decades of elites (who control both sides of the political aisle) have been looting the country and immediately start spouting fox news lines about how it is all the fault of the other side.
same things happening in austin and most liberal ran cities.
why do kraken employees even need to go into the office? this is clearly just political all the right wing people are out to get the da. it’s a coordinated effort by the tech elite.
liberalism at its finest.
coulda changed california for the better but democrats would not vote gavin newsom outta office. hope we can successfully recall chesa boudin at least. tired of increased price on goods to offset stolen merchanthise in an empty retail store. crazy people in downtown taking deuces on sidewalks, urinating everywhere and running up to people to punch them in the face. a mob running into stores emptying goods into their trash bags and running out of stores, with impunity! this is daily san francisco for those that dont know. we get what we voted for and this is the result. damn progressive policies ruining the city. refund the police and get tough on crime!!!!!!!!!!
liberal cities need to stop cutting police funding regardless of the shitty cops that do fucked things
this is a problem made by the ceo's they are the reason home prices are out of control leading to a higher homeless population and higher drug use. i am glad to see tech companies leave that area maybe things can get back to normal. just saying both "tech" cities are struggling with this sf and seattle
typical democratic city and state……
city that is been ran into shit by the democrats
vote lefties into power too long...results inevitable.
good for them! sf has become an overpriced liberal cesspool. i went to the mission a few years ago and i wouldn’t even let my dog walk on the streets! human piss and shit everywhere. needles in the gutter. ah hell no!
did anyone else read it as karen at first???
police union propaganda bull shit right here. acab baby
remember guys... we're number one!
san francisco is a fuckin cesspool. junkies and losers just dominate the streets because the numbers are so massive. wanna know what i saw the other day driving to work? and grown ass man butt naked on the sidewalk standing up & shitting. yes. shit coming out of his asshole dripping down his legs while people just walk by him. san fran is thisgusting, beyond happy i don’t live inside that shithole city.
san franciscans have san francisco, they don’t need you. kick rocks techbros. you were never welcome. go clutch your pearls someplace else.
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first the employees are robbed and lose their possessions, then they lose their jobs because they were robbed and lost their possessions.
i initially read this as “karen shut down their global headquarters…” and thought that a large group of karens had organized into a global organization.
what about all the employees? are they now remote? or did they get canned?
they should come to baltimore. safest city in america!
are the employees in sf still employed? or did they fire them after they got robbed...
that person just goes up in my estimation every single time i hear anything about them.
with those in political power there, this does not surprise me. if you leave the state, just remember what you voted for while there and leave that crap at california’s border. don’t bring that to other states.
so what are they gonna do?
good. get out of the cities.
and i thought "the american dream" is to die for
sounds like sf could use the titans
the shit apples are taking over...down here in texas we have our 6 shooter hanging like it is gunsmoke...
the shit aples are taking over...down here in texas we have our 6 shooter hanging like it is gunsmoke...
as so many rush to say how great california is, please reread the article you are responding to. it just may have been lost on you
where they moving to?
is my guy saying it is completely more profitable for the da to keep felons circulating in society through prison pay walls versus ensuring safety to a city and corporation who pays taxes...and that prison money from the catch and release is more important
see. remote work is better!!!
i wonder when they will move the hq and where to
nyc is the same at this point.
to everyone outraged at these audacious homeless people, what is your solution? many federal(a high % being mentally ill). this is due to a failure of the state failing it’s people. harsher punishment for homeless peoples will actually get them off the street if they’re put into prison, but that a whole other issue.
what? the state in which theft is de facto legal is not a safe state to be? shocking!
if the usa gets more poor no place without walls will be safe.
jesse seems like a genuinely great guy. everything i see from him is good.
as a strategy to reduce housing costs, you might say the da is having success.
i really doubt this is real. i do not see any source directly from jesse powell, and i really doubt jesse powell would spell his own last name incorrectly at the bottom of his statement. edit: although, he did retweet it, so maybe it is legit.
i do not get what the allure is to sf and ca regarding the tech scene. i do not know the crime rates in northern florida, but no income tax and pretty good weather year round would make you think more start-ups with gravitate there. but i guess a lot are moving to austin instead.
chess boudin should be locked up for the amount of blood on his hands
just j.pow doing j.pow things.
the ceo is a moron for having the building located in one of the worst areas of sf.
crypto solves all problems set up a dao, hire batman like vigilante. know that batman won’t face any legal consequences thanks to lax policing policies. batman will clean up the streets as always and he (or she) can spend their off time dealing with their past trauma. win win win.
holy f. they are fighting that sweet xmr.
kraken continues to impress me with the way it operates and i'm surprised its not as big as as some of the other crypto sites.
there's no point in living in sf if you cannot afford private security every time you leave your house.
but...but...it is not the criminal's fault...poverty made them do it
absolutely insane. i remember visiting sf a while back, there is an uncomfortable feeling when walking down the streets once the sun is down.
society is falling apart.
nothing better than a bunch of people who have only read about san francisco talking about how easy it would be to fix san francisco. i actually cannot tell, do you all actually just get your information from fox news?
this is somehow russias fault i know it! putin definitely has a hand in it!
hmmmmmm what kind of policies are in place in sf? hmmmm
i had no idea it was so bad in san fran! yikes 😳 edit: people poo so much on the street there is an app?!
sf is good but not every places
wonder what all those extremely overpriced homes in sf will go for when the techies comes to their senses and move out.
san francisco has been like this for a couple years now. nothing new here.
jesse is just one of those ceo's we do not deserve
kudos to jesse powell.
votes for something, gets something, surprised\_pickatchu.jpg
i was just watching a youtube video from abc on asian hate crimes and one of the victims was complaining about sf da office not doing anything about it, sf going downhill?
seems like there is a lot of politically motivated thisinformation (from both directions) regarding this issue. just look at the actual data, provided by the sf police department, per the program for reporting implemented by the fbi: [ ' tl;dr looks like there was a noticeable spike in 2021 (though not catastrophically higher than previous rates) which has tapered back off in 2022 to similar levels of a decade or so ago. current rates are lower than '16,'17,'18, which definitely had a swell in crime rates. but put against a backdrop over longer periods of time, current rates are not substantially better or worse. media frenzy, probably with political motivations, it looks like.
how are real estate prices there still so high with this type of crime?
invite nancy pelosi to the office
i don’t use kraken, but there’s no way to don’t support this guy
then why is it so expensive to live in san francisco or even visitors can’t afford a weekend leisure’s in that shit hole.😳
thank the democrats for that. who needs the cops?
la is the same.
*texas has joined the chat*
it's hard to get good production from anyone who does not come to work or is afraid to be there...it is getting to be about urban survival. something similar occurred in seattle recently 🤔
what are they going to do when most of america becomes like this? so sad things need to change for the better soon...
oh, ludicrously high real estate prices and unaffordable grocery prices and crime is high? maybe our overlords can figure out a way that human life is valued over profit? maybe then, crime will go down. until then, people will continue to justify crime as survival.
things only become a problem when their in your back yard. im sure if this did not effect his business and make things unsafe for him to come to work he wouldn't care.
wow. this reads like it is right out of yesterdays seattle times. very same problems here. i visited that area of sf about 20 years ago and it was sketchy then. cant imagine what it is like today. i dont go downtown anymore for the same reason.
good luck with that. i remember what the lower class in sf was like 10 years ago. i cannot imagine it now. sounds like they do not like rich people very much. you ever wonder why there is so many fucking homeless in a city where it costs ? maybe they will turn sf into the next detroit if they keep shitting everywhere.
we are living in the hunger games. just look around. unreal
just jesse powell being a gigachad.
fake news: california has some of the strongest gun control laws and some of the most generous protections for the homeless in the country.
i really love how kraken ceo thinks and acts. this is why kraken is my fav exchange.
i personally (as someone who got slowly ousted from my hometown by the gentrifying wealthy of the world) love to read shit like this. it brings me massive joy to see a super rich dude scared to live in the city they played a part in destroying the culture of. btw, depending on who’s research you read, this shit he’s talking about is actually the end stage of the very gentrification he’s a part of. comedy folks, our comedy. before you drop a downvote just think for a second about who you are, think for a second that this guy is part of a group of people who “run things” and you’re worth an equivalent amount to him as the dope fiend who beat up his software engineer. it’s all part of the game of life anyway 🤷‍♂️
i'm listening to the blade runner soundtrack while reading the comments. just saying.
the ceo is a ultra trump supporter. he believes in conspiracy theories, anti vaxxer, and donated to the truck convoy. he's a fucking mess! lol! he's talking out of his ass like most of his ilk.
remember the redditors that posted shit about other exchanges some weeks ago
oh shit, rich people complaining about real problems. maybe something will actually happen now.
that’s a real shame. i went to san francisco in 2010 for a week and it was a wonderful city to roam around and explore. crazy how quickly shit can turn around.
yes yes it’s so terrible…why don’t you leave quickly now and put all of your property up for sale. we’ll even help you pack! it’s just horrific here! tell all your friends too
is it a job that needs to even be in san francisco to begin with? wondering why so many businesses choose to set up in some of the most overpriced places in the country.
ah yes ... this is where leftist policies eventualy will lead, sf should be a shining turdpile example for the rest of the world
i been saying for years sf is trash. too many homeless people, poop, the air smells of urine, hypodermic needles litter the side walks. i don’t really see the appeal to sf. the restaurants$$. once these same clientele leave for less crime ridden areas, like moving their corporate headquarters, the restaurants. seriously if these $$. bright side is locals might be able to afford living there again. before gentrification
this is what you get when a bunch of companies gets into a dick-measuring contest and starts hiring junior engineers for 200k a year in an environment where the political response to people becoming homeless is to lock public toilets and just hope they go away. it's going to take a lot of time to undo this damage.
28,000 cases of reported human feces in the streets...that is 28,000 times someone called. wtf y'all doing over there.
why did they move to ca in the first place??? all they did was swap one problem for another.
basically all the major cities in cali are shit holes. the rest of the state is beautiful.
come to florida where the gators will attack and rob you instead
city officials and police just want to get paid. unless you're a high profile figure they would not give a shit
as a former sf resident and current bay area resident, can confirm all of this is true. sf leadership is the absolute worst it is ever been. the state of the city is literally trash. the da, the mayor, everyone needs to go
okay, just do not say this and come out to houston tho
what's happening to americans bruh. richest country in the world, 9999999999 trillion dollars spent on military, yet this article sounds like it is from the slums of ecuador or something.
the same is happening in philadelphia. money and brain drain are flooding out and the insane virtue signaling online does nothing but exacerbate the issue. american cities will be going back to 90's crime reform in no-time.
chesa boudin needs to fucking go. if anyone else was not doing their job they would've been fired day 1. yet his inaction is literally costing innocent peoples lives and well being.
suddenly we all want legal protections for property rights, huh?
just out of curiosity, why would kraken choose to be in california instead of texas or florida?
welcome to the state of californiaaaaa such a lovely place (such a lovely place) such a lovely face plenty of street room at the state of californiaaaaa any time of year (any time of year) you can find it here ... you can check-out any time you like, but you can never leave!'
please keep your seatbelts fastened as we prepare for an even crazier year ahead of us. things will get worse for our us economy and crime will continue to rise.
some big cities make medium cities feel not so bad haha.
damn i‘m in sf this year for 3 days and now i‘m quite afraid (i‘m a non american)
i like sf and i’m not a reactionary. but you can’t even walk down the tenderloin area anymore without being accosted by someone wanting money, someone selling you random knick knacks, someone trying to sell you dope or selling it a few feet away from you. shit is pretty wild reminds me of baltimore or philly now not a city where it costs ,200 a month to rent a 1bd apartment. also why would you? the best incentive is i work in tech and it’s close by, but not at the cost of two homeless people fucking in the open next to your building
unfortunate that sf has become a cesspool of crime, drug abuse to the point where you are afraid to leave your home. used to go there to visit family once a year but never go anymore due to the same issues.
the ceo mispelt his last name lol. this is also an excuse to get away from sf rent, since kraken moved to remote. check their linkedin. i'm glad the ceo is kicking boudin on the leg on the way out though. i'm from sf and fucking hate boudin. june recall cannot came come fast enough.
here are some stats because feels < reals tldr: homicides up, but violent crime is down overall
my thoughts and prayers go to the politicians scratching their heads as they try to figure out why this is happening.
why can’t he even write his own name correctly? 🤔
where's robocop when you need him?
welcome to miami kraken
talking to my friends in sf, i hear it is poor condition is a bit exaggerated but some of the stuff does sound real and shitty (like leaving your car unlocked and removing valuables to prevent people from breaking windows).
a friend of mine was left for dead in the street in a hit and run ... in the financial thistrict a few months ago. the building i lived in for several years had to remind people to keep their doors closed while they were home, because even though the unventilated high-rise did not have forced air, you should keep the doors closed due to the home invasions happening in the neighborhood... i shared a sidewalk on my way to work with homeless folks shooting up. before i moved to the city i took bart every day, which is just all the wonderful aspects of a city transit system plus lack of enforcement of anykind.
i support kraken on this one.
i thought karl malden and michael douglas had already cleaned all that shit up.
been sitting here trying to think how sf would recover. you would need a massive buff to the police force in addition to the court system being aggressive to start to weed out the crime rate. don’t know how to fix the homeless problem. sanitation would also need to be massively buffed.
i worked at market st for few months, it is crazy, it turns into skid row after 6pm. i'm from europe and never seen anything like it. still have flashbacks of the things i witnessed. just tried to look away and not get stabbed. everything loose gets stolen, people in such miserable conditions like it was some kind of post apocalyptic movie. remember walking in the smell of skunk and pee in the morning, zombie wonderland, just something i do not see here.
so, is california just happy to ignore this issue? it's so bizarre to me. why let something like this go on to such extreme levels?
it’s the only city that i can put a flower in my hair.
am i alone in wondering where the new company hq will be?
this is probably a dumb question but are jerome powell and jesse powell related?
they should relocate to portland...oh wait, nevermind.
lol, san francisco has half the per capita murders and 75% of the violent crime as houston. probably because texas is soft on crime...
absolutely no one in san francisco will lose sleep over techies moving shop.
why did they even h.q. there to begin with.
wtf he is talking about?
i thought this was going to be a thinly veiled excuse to close down but it is actually that bad in sf? that's kinda insane
i don’t know the circumstances of what they are talking about, but any time i see someone talking about ‘soft on crime’, it makes me hesitant. everyone deserves a trial, and i don’t agree with holding people in jail for months and months on low level offenses because they can’t make bail. and while i don’t want anyone out on the streets robbing people, demonizing addicts is dangerous and what the sackler company tried to do to protect their image when they created the opioid epidemic. being an addict doesn’t automatically make you dangerous.
what a surprise. who let this happen? i feel like i do not need to know their exact name but merely who they are affiliated with.
everyone in here seems to be focusing on homeless people as the problem here. yes, there is a bad homelessness problem here in the bay area, but i do not believe that is what's happening now. i've lived here for 10 years, and it is really become more just a constant barrage of crime waves. young kids with easy access to guns. i witnessed a double murder a few weeks back, and just again last night someone was shot and killed at 9pm in a generally safe spot where people exercise (myself included, walked right through just an hour earlier). car jackings and armed robberies are all around right now. the pandemic, i believe, led people to a tad more desperation, but then they realized how easy it is, how little they get caught and ultimately prosecuted, and they also figured out which neighborhoods to hit at what times. i'm personally getting out of here soon, not fun living in fear looking over your shoulder. 3 people in my building have been robbed at gunpoint in the last 2 months. i'm out.
last conservative mayor was christopher in 1956... there is the root of the problem. woke politics
he'll move headquarters to wyoming... looks like they have been taking the steps anticipating this btw. the dude is hard core libertarian and loves it out here.
as a construction worker that works in sf, this is amazing!! about time a bigger business like kraken stands up and says something about the ever increasing violence in the city. i've been working in this city for 10 years and this is by far the worst it is ever been. i hope this trend continues until something is done about it.
honestly who the hell wants to be in san fran??? i remember visiting san fran in 2006 and i thought it was nice but even than there was a decent amount of homeless people who had no problem coming up and harassing you for money. you could easily blew them off though and no hard feelings. now with the crap laws up there it’s a free for all with no repercussions.
well no wonder crime is up – when he shut down operations he literally “released the kraken” upon san francisco
awesome. love to see it. san francisco has turned into a dystopian hellscape.
hahahahahahahahah that is what you get when the wealth thisparity is as crazy as sfs
sounds like a real shithole…real estate must be cheap there
great move. literally and figuratively. i made the same decision years ago. shits gotten real weird there.
fyi it is not safe
i live in sf. he’s not wrong to do this. it’s not a business friendly place and more importantly, it’s not safe and there is no vision to make it safer. the mayor will literally call it right wing noise instead of fixing the crime and misery on the streets.
i lived there and elsewhere in ca for years. it was just getting worse and worse in sf in particular. the woke left “everyone committing crimes is just a victim” mentality is what allows this shit to go on. i’m surprised it’s taken this long for businesses to wake up and get the fuck out.
if san francisco started mining all their natural resources (shit) they could reinvest those profits into the community.
habibi, come to dubai
austin is a shit hole, too. do not move here
but your money is safer on an exchange according to many on here.
i read the tittle as "karen" shuts down global headquarters and had to do a double take.
bet you won’t move your company out of state though.
i live there. it's not like the whole city is covered in poop. there are however a couple of neighborhoods that were already not great and the pandemic just crushed those folks.
if your going to saaaan fransico…….be sure to...?
san francisco always had a grit to it. you always had to watch your back. these tech morons thought it was la la land. go watch graffiti movies from 2000s san francisco.
it’s sad really. i live in the bay area and i used to love going to sf. i won’t ever go now. can’t park anywhere or you’re getting a broken window. crap everywhere on the streets and people shooting up on any random street corner.
bruh i thought it was gonna say kraken took everyone's money or some shit. 😅 i'm safe.
sf is so fucked...thing is as it collapses even more the violent ones will migrate to still functioning cities. dominoes
the fact people have signs taped to the inside of their car windows saying "please dont break windows, nothing of value inside." is ridiculous.
visited sf for a day about 5 years ago. it's a cool place but wow. i've never been so impressed with how dirty and run down a city is before. everything felt unclean.
i've always had the idea that it was a super posh area? it's not then after reading the snap crap app 🤮
i do not know y us cities have obsessions with single family home. ban that shit make everything high rise and boom tons of living space for everyone. literally the way modern city should be built.
sounds like when the city of minneapolis begged target to reopen the burned down lake street store and keep their hq downtown. target gave in, i’m happy to see kraken didn’t do the same
yup, bay area resident here, can confirm
move to san jose
hmmm... imagine my shock.
sound like we need a bat…...man!
why do people start companies in the most expensive city's
hope the employees do not have to move. also, maybe hire a security company if it is so bad? they're clearly being targeted.
there's some more behind this move than the city's crime. there are thousands of other companies there. if you know finance and crypto, nothing happens for the reasons they give you. there's more than what he is leading on .
hmmm, how have the victims been voting?
dallas and houston are open for business
we need more community outreach associates!
this is where next batman should come from.
we’ve known this for years. this is what cities, counties, states, and countries turn into when they elect leaders with left wing agendas.
sf has turned into the new gotham city.
hm. i thought san fransisco would be on some judge dredd shit by now.
i hope this is not a stupid question; the kraken in question has nothing to do with the seattle hockey team?
guaranteed most tech firms and employees in sf funded her campaign.
yeah we are finally able to afford housing!
so many people living in fear in this thread, i’m surprised y’all leave your homes
what kind of idiot would actually belive this? "some employees were mugged so we had to shut down the global headquarters! it definitely is not because [tech and finance bros]( are funding a conservative push to remove a progressive da!"
there many things wrong with his points. its not a problem of police, or "catch and release" its a lack of resources for mental illness, homelessness and opportunity. seems to me like the ceo just wants more people in jail, which is wrong.
fucking hell this sub is full of absolute basket cases that just spout total nonsense.
amazon did the same thing in downtown seattle. i find it pretty pathetic. instead of trying to help this mess they in-part caused, they throw a tantrum and move their office, straining other local businesses and making the problem worse. it's an admission of not actually being part of the community, rather expecting the community to meet your needs while giving nothing in terms of support.
does anyone have a link to a story about them being attacked besides his statement? based on their business practices it seems a little naive to take them at their word.
sure, let’s blame the guy in office for 2 years instead of the vice president who held much higher power for 10 years.
hate to suggest it, but capital punishment for certain crimes against citizenry might be back on the table.
careful, posting something like this on reddit is heresy.
the bigger that income inequality gets the more crime you will see. this is a direct and irrefutable connection. arresting the criminals is just putting a bandaid on a gunshot wound.
that's what you get for electing a democrat da
its gone south for sure…or east i should say. spillover of oakland riff raff.
imagine voting biden lmao
da is not there to defend fraudsters like crypto bros.
kraken is underrated imo. they have a great ceo who clearly cares for people. good guy jesse. this industry needs more people like him.
why he does not help solve the problem is beyond me. oh wait a minute, no profit margins helping others less fortunate. maybe just maybe, people will start investing in solutions and not exit strategies. homelessness, poverty, drug abuse are all opportunities to create and help. those who do not see that, will be the first to fall from grace. those who choose to help, grow and achieve great things. the da may be in over their head. the problem takes a community effort. one person cannot make a difference alone.
and water is wet. congrats
vote with your feet.
man, this is some dark news. i hope the employees are ok.
[can't be robbed on the street if all your assets are digital](
i just was reading yesterday about how the crime rate in sacramento is higher than in san francisco, despite sacramento having a "tough on crime" policy, and sf being relaxed.
jeezus that is not the picture of san fran i have in my imagination
lol, the world is just over. can we end this part of the earth's decline story already?
where are they gonna go? austin, miami, or new york? place your bets edit: i mean kraken not the homeless and the gangs btw lol
leave em and let it burn? no loss.
should go to nyc oh wait...
only a city as sophisticated as san francisco could have such sophisticated problems
is san francisco the new gotham? sounds like some comic book shit tbh
thank gavin newsom. turning a blind eye to sf and releasing hardened criminals early.
california is a liberal democratic shithole. democrats suck assholes.
wife and i went and to napa for our honeymoon, stayed in sf one day before heading out, and the night before our flight home. sf is (no pun intended) the shi****t city i’ve ever been to. seeing people sh**, pee, inject heroin, and sleep 12 deep on the sidewalk on one block was enough to deter me from ever venturing there again. 0
wouldn’t it be easier just to euthanize the homeless and drug addicts rather than dealing with their bullshit? kind of like what we do to stray animals?
can we ban him from the internet and shut down kraken, seize all of his assets now because of "hate speech" ???
literal 3rd world country
it's the greed of companies like them that made it this way. hoisted on their own pitard.
i remember the first time i visited san francisco, a woman standing near me as i waited to cross the street pulled down her pants and defecated right there on the corner. [i did not know exactly how to handle the situation.](
yeah it is and it’s just one big brown spot over the whole map
anyone remember ratemypoo.com or was it ratemypoop.com?
i've witnessed one homicide, one attempted homicide, and one other act of violence in the bay area, and i've spent a total of about a month there.
a friend of mine in sf once told me they spend tens of millions to employ a crew of people whose only job is scooping human poop off the streets.
yes. also, story about la. at midnight or later there was a guy on the sidewalk with his pants all the way down, facing the street walking hard, like trying to finish. he blew his nose into his walking hand and kept going. didn't hang around to see the finale
it’s a website. but ya maybe an app now?
from what i heard, you will not need an app to find human shit. you need an app to show you where there is no poop
>human shit in the streets and yet, there is objectively still a higher demand to live in sf than anywhere in any red state. really makes you think.
now for the influx of german tourists
no that’s called facebook
poogle edit: sorry, the app is poogle shats
yeah homeless folks just shit anywhere, it is not like rural china where is just normal to pop a squat tho
are you talking about the chipotle app?
harvey milk was a public servant and he advocated for the first dog poop laws because it was what the people wanted! my favorite milk quote is “i know that you cannot live on hope alone, but without it, life is not worth living. and you…and you…and you…gotta give em hope.” from an article somewherrre ouuttthere: by 1977, harvey milk became the united state’s first openly gay man elected to a high profile public office when he was elected to the san francisco board of supervisors. harvey milk was a respected political activist for the lgbtq+ community, who was assassinated at the young age of 48.
there are so many cities that are becoming unlivable.
don’t need an app to find shit in sf. just walk outside… see shit and needles everywhere
yup a democrats parathise.
i'm guessing that happens because of poor city planning.
there is literally an app which tracks poop in the city of san francisco. enough internet for today. i'm going to head out and check some charts.
yo your also on snap crap? hit me up!
someone had to work a dev on that lmao
they're shitting in the streets!!
oh jeebus! zooming in around van ness and geary looks like the mri of the brain and thighs of that guy who regularly ate raw pork!
what's up with san francisco and the poop thing? fill me up on this one.
> san francisco poo map what the fuck is this just reports of people shitting on the sidewalk or?
vancouver is almost just as bad. all it would need is its small-but-notable tech industry to boom, and it would be sf 2.0 in a decade 😂
the people who do service and minimum wage work are getting pushed out due to rising rent and inflation. this leaves them to either move out, leaving those jobs empty, or turn to crime. it's a tale as old as time. lower citizen purchasing power almost always leads to an increase in crime. so either politicians could increase minimum wage or something that achieves a similar result, or we face increases in crime in basically every city in the us, but with more heat concentrating on the biggest cities.
so it is highly desirable place to live for job opportunities, and the city is a peninsula, hence the high property values. this is a part of what lead to the homelessness problem. then 10 years ago prop 47 passed in california which makes any theft less than , so the police will not investigate and generally will not prosecute. prop 47 also did the same for drug possession, which i agree with. however, put those two together, with the rise in homelessness, and now people can live on the streets, steal less than 950 at a time and then purchase drugs. it has led to a mental health crisis among the homeless population. we do not have the right avenues to get these people into care, because there is nothing stopping them from continuing this life in the streets. so that is where we are. our newest da chesa boudin is the third generation in his family with direct ties to different communist leaders in south. his platform is that bail harms minorities and poc more than it does white people, because they are not able to make bail at the same rate, so he gets rid of bail and releases almost everyone back onto the streets almost immediately. there have been several people released on bail who have murdered people. 55% of people on bail re-offend(a lot of these are minor offenses), and i believe 49% of those do not show up to their court date. that's where we are. people want to recall boudin but i would not hold me breath. the homelessness and crime problems are very complex, and sf does not have it in them to be strict on crime and do anything to address the issue.
this is what collapse looks like it's not that cities stop having rich people, it is that the divide between rich and poor grows significantly, until there is no middle class. just rich people living in guarded communities, and poor people living in slums. just look at places like brazil or south africa for examples
have you ever watched blade runner? if you have they have this seemingly cartoonish level of separation between the poor and the hyper rich. well that’s what we’ve done in large cities but with tesla’s and private buses that the wealthy use as isolation against the poverty their lifestyle has created. this is why a large part of homeless policy is about making them invisible so the wealthy can go without seeing them. thus this ceo whining about the da making it unsafe whilst helming an organization that funnels wealth upwards is just a little too rich for me. this is not bad talking sf, i love that place to death, but i’m tired of listening to rich pricks complain about homeless people as if they where a rat infestation.
still is. but everyone hides in there homes and takes ubers to the front door of fancy restaurants. i’ve lived here 23 years. shit has changed but housing cost is crazy.
i live in chicago now and people say the same thing. i've been to sf a bunch as well. certainly, homelessness is a huge problem, but as others have said, they bus people there from poorer states, or sometimes decent one. in texas, abbot just openly said he would bus homeless to dc. it's also undeniable that you'll end up with people congregating in big cities, and if they lose their jobs or fall on hard times they would not be able to afford the rent and end up homeless. pick a big city, whether chicago, ny, la, sf, new orleans or whatever and there is a huge homelessness problem, partly because so many homes have been bought by investors and prices are skyrocketing. i may get downvoted to hell for this, but it is also because right-wing culture loves to shit on american cities. it was a huge part of trump's campaign, and continues to be part of the zeitgeist today. they make a huge deal of the poo in sf particularly because the city is associated with the lgbt movement and "deviants." without fail, anyone i've heard in person tell me about the shit on sf streets has never been there like i have, but will angrily argue with me and call me naive. and they get even angrier if they point out all the dog poo i see all the time in our suburban neighborhood because "that is different." yes, it is is different, but that does not mean it is healthy or pleasant. they also tend to think it is unfair to thiscuss "per capita" crime numbers relative to population, which makes it hard to have an honest conversation. and no one has an answer for the homelessness beyond hating them or "just get a job!", which is awful imho...
it’s a nice place to live if you can afford it. if you’re poor, falling below the poverty line - or if you have a drug addiction - you might be in trouble and on a slippery slope.
sf does have a lot of problems, mainly with homelessness and residents being priced out of living there. the reason you hear about it doing so badly though is 100% politics. sf is one of the most progressive cities in america, so you will literally constantly hear that the city is on fire, collapsing, etc., whenever the conservatives want to make some noise about how liberal policies do not work. the newest da is *very* progressive and is butting heads with the police constantly, which has caused crime rates to go up a moderate amount. in 2021 total crime went up 12%, far from a total collapse.
right wing propaganda constantly demonizes everything in ca for being blue, despite it being far more successful and appealing than most red flyover states and ca literally subsidizes those red states because it is so much more economically successful. it is then spread on the internet by people who have never left their hometown. if you ask them what ca should do about any of these issues, you will hear no answer, jail them, kill them, or any number of other terrible things that make it obvious they have no solution but just want to take potshots at the left
sf is not in collapse. it is still very wealthy and very expensive. the city has had a reputation of “anything goes” for a long time, arguably going back to the boom and bust from the gold rush era. the social situation is bad now but it didn’t happen overnight. a lot of factors caused this. the weather is mild year round; it is hard to survive a year of homelessness in colder cities like new york or chicago. aggressive zoning laws have forbade densification in much of the city (and the bay area, california, and a lot of the united states at large), leading to the insane housing costs. the typical stereotype of a sf homeless person is a grungy bearded mentally unstable drug addict but sadly there are many homeless in the bay who have full time jobs and simply cannot afford to rent even a very small apartment. there are also local and state laws and referendums that have constrained the criminal justice system from keeping repeat offenders off the streets. this comment only scratches the surface of the conditions that caused the situation sf is in now. it’s very complicated. don’t settle for simple slogans.
right wing propaganda that makes you think the city is falling apart when all the comments in this thread are people just making fun of the homeless
it’s not in complete collapse. it’s really really not. also the ceo of kraken is a nut job trump acolyte.
it's still fine, to be honest. people who hate "liberals" will point out an increase in the crime rate in the last 3 years (which is happening in most major cities in the us) and ignore that it is still one of the safer major cities in america and say "bad liberal policies!" as if, if republicans ran it, they would be more humane or some shit and build homes for the homeless?
right wing wants it to be true so badly, but ask anyone living there and they are mostly unphased. neighborhoods matter just like any other city too
>look at the great all mighty, influencer, rich people only city and what has become of it. wtf i hope for the best for people there i always thought of it as the great all mighty influencer, rich people only city. look now what has become of it. wtf
conservatives are lying? seriously, look at the murder or violent crime rate vs other cities houston is way worse. probably because texas is soft on crime. right?
it’s nice. people love to hate and exaggerate.
locals started fighting a war with techbros and techbros decided it is not worth fighting. goodbye tax revenue
rising housing costs leads to a lack of food safety and homelessness which leads to despair, hopelessness, and anger which then leads to crime.
>the richest and most expensive city to live in the us. that's the reason. it costs a crazy amount to live there, but most people do not make a crazy amount of money. lots of rich people, also lots of poor people. poor people do crazy shit, rich people have a lower tolerance for that shit than the average guy. rich people complain louder, but also do not want the poor people gone because someone has to work all the jobs they do not want to do. add in nice weather. if you are homeless do you want to live somewhere that it is cold and shitty, or somewhere that is great year-round? the price of rent does not really matter to you. might as well go to where all the rich people live.
go visit it yourself if you can. it's a beautiful lovely place with some dark parts. it's not nearly as bad as people say here. rome was worse with homelessness and beggars and trash imo but still a great visit. the world is usually not as doom and gloom as redditors make it out to be
it’s expensive because half of all high rise apartments are bought out by foreign millionaires who don’t even spend most of their time in state. forces the wealthy in the city to outbid or compete against the rest for smaller homes and apartments
the answer is in your comment. it is one of the richest and most expensive cities. so much so that service workers cannot live there. services make up 70% of our gdp. whoopsie daisy.
my wife’s cousins used to live in sf. they got priced out, had to move cause they couldn’t afford to live there anymore. they’re a doctor and a lawyer. a doctor and a lawyer (who makes good money) can’t afford to live in san fran. when i heard that i was like “who can afford to live there?” millionaires. that’s who. if you aren’t a millionaire you gotta leave. while they were there they never shit on the homeless. a guy lived on their porch and they just asked that he not do drugs there. they seemed to relate more to the homeless guy than to the tech workers who moved in and made the city what it is now….
what happened is the same thing that happened in la, nyc, and every other major city in the u.s. inflation is soaring due to money printing by the central banks, the 2008 financial crisis got a band-aid slapped on it and covid came around just in time to blame the festering wound of 2008 on a virus when really the problem was just kicked down the road, and the gap between the very tip of the top and the bottom is enormous. san francisco is priced for millionaires, but no city can operate with only millionaires living and working in it.
> i've seen a ton of people saying that [the united states] is in complete collapse, but i always had the impression that it was the richest and most expensive [country] to live in the [world]. america is what's happening to san francisco
right wing misinformation campaigns
damn, there are so many good comments in this thread. thanks, this was a really insightful read. this all sounds a lot like old new york. i do not know anything about the politics there, or if it is possible, but that bubbling up seems like it would result in a giuliani type, who basically turned the police into an "arrest anything that moves and send them to rikers island" squad. it worked for changing the landscape and vastly reducing crime, but it left a wake of trauma and destroyed lives.
also, i do not know why your state legislature does not build up. i was literally there 2 weeks ago, and barely any buildings. there are only so many people a two-story home can fit. start building taller buildings.
the thing about sfo that people seem to ignore is, when the venture capitalists sit down to plan an investment they start with "ok cool, this company x dollars so they can get a building in y neighborhood." "oh very cool, well let us align our real estate capital investments and build." and then the venture capital companies are "diversified" and get their money back almost guaranteed. they also drive the overall cost to buy a property up, and the people in the companies that make out well due to the investment by the vcs buy a house in the neighborhood they could not otherwise afford and further drive housing prices up. since they are all consumers of real estate in this, they "all win." the people who do not win are those who do not have access to the same capital, eg, the taxi cab driver who moved there in 1979 who owns his 2 bedroom house nextdoor, but literally cannot afford to sell since his property tax would increase and make it so he could not afford to pay to live in the city any longer. san francisco's current economic growth is hostile to people living there that are not in the tech economy.
you make a lot of good points. tech is often the scape-goat for all of the city's problems but i do not think the housing crisis is the tech industry's fault. yes, a lot of us moved to the area in a few different surges in recent years, but cities should be prepared to handle people moving in. tech has had a major presence in the bay since computers became commercial and the stream of incoming workers has been steady for decades. the fault lies partly with the local governments, and partly just due to geography. there is not a lot of land to begin with and the local housing laws do not do anything to alleviate the pain. there is a lot more red tape prohibiting urban development than people realize. i went to union square last weekend for the first time in a few years and saw that half of the stores had shut down. there was a mall with all the stores i needed two miles away but i drove all the way up to the city to get that downtown vibe, have fun, and support the city. what i saw was nothing short of depressing. there's almost no reason to even go there anymore :'(
> 90% of the homeless population in sf became homeless here. great post. you obviously know a lot about the issue. i've been in the city since the 90s. there were tons of homeless folks here even before tech came in. willie brown ran on "fixing the homeless problem and fixing muni." he was mayor from 1996-2004. where is this 90% stat coming from? not that i do not believe it, but it just runs counter to what seems logical. the hard-core homeless folks i see around me (i'm in the western addition) do not seem like they were working at target yesterday, lost their job, then landed on the street. they seem like addicts who rolled in and never left.
this is all spot on. i live in the outer richmond too and am grateful for my rent controlled apartment. i'd probably move out of state if i lost it.
i am glad you thispute the "they are shipping homeless from somewhere else" crap. yeah there are isolated incidents but it is not a mass thing. it is funny, i live in a red city and people all say the homeless is being shipped from a blue city. people just say "homeless is getting shipped in" for their own thisassociation.
i agree. i'm glad he is taking steps for his employees safety. it's absolutely insane what's happening there.
i mean many of those san franciscans voted in the policies that directly correlate with what’s going on!
he actually cares about people and has proven several times, that he puts his people above money
sf was a shit show 20 years ago. can’t imagine what it’s like downtown these days.
>my thoughts go out to the people in san francisco! except for those who vote these people into office. fuck them!
have you hanged out at r? mention the city is not perfect and you will be downvoted to hell.
san fran has real escape from new york vibes per my last visit a year ago
is it? is he paying to relocate all of the employees? if not since everyone is living paycheck to paycheck it kinda seems like this does not make the homeless situation better.
my thoughts certainly do not go out to the people of san francisco. those geniuses keep electing these people that institute stupid fucking laws that allow this kind of crimefest shit to occur unchecked. the galaxy brained residents of san francisco can reap what they have sown on this. united states cities are complete shitholes because of the people elected to run them. the residents keep electing these same shitbags over and over again - so have fun san francisco. and fuck off from where i'm living - pool's closed.
agreed. people over politics.
people in san francisco caused this problem by voting in these politicians or by standing by while others voted... they deserve the hell they created
nah, they voted for this.
more thought and prayers i see 🙄
why are things so thisfunctional in cali ?
he'll probably be denounced as a racist by the progressive left.
they voted for their leaders, too bad so sad.
they voted for the politicians and policies that caused this to happen. they're reaping what they sowed
they want this. da is an elected position.
all of ca is not far behind. they need to elect better leaders. but maybe the people are just garbage and elect garbage ¯\\\_(ツ)\_/¯
the people of san fran voted for those in power as well as the policies which are making that city what it is. unfortunately, they are getting what they asked for.
i’m in the minority but i have no complaints. our da is doing exactly what we elected him to do and is trying to break the cycle of mass incarceration which in turn leads to more crime and broken communities. as he said during his campaign, it will be a painful transition. police are silently on strike because he called them out on their bullshit and laziness. the police in this city were worthless before chesa, now they have an excuse. the amount of right wing money that’s gone into the thisinformation campaign is ridiculous, and it’s going to be a bitter pill for a lot of sf residents to realize their vote was bought and they participated in astroturfing at a colossal scale. also, kraken’s ceo is a anti-mask & vax conspiracist and couldn’t even be bothered to spell his own name correctly in his letter.
ah is someone mad they do not have better security...
kraken's ceo keeps making good decisions and looks like a genuinely nice person. definitely a plus in my book
lol does anyone in this thread actually live in sf? it really is not that insane here. like one tiny section of the city is a mess but otherwise it is a beautiful city. i do agree with the da comments but otherwise just be street smart. the headquarters are not even in that bad of spot. i work right around the corner on sutter and have never felt unsafe.
lol they voted for it
>my thoughts go out to the people in san francisco! so do mine, they are as follows: you wanted defunded police and reduced sentencing, now you've got it. enjoy. this *is* what you voted and protested for. "people get the government they deserve."
as someone from the uk, is the problem the policies around policing?
where is batman when you need him
dammit now they’re all gonna move to reno
the accountability should not rely on the da alone. crime is catching up do to the fact that there is not a better way for some of these assholes. no such thing as good jobs when c level execs pocket the money. crime is gonna spread like wildfire if wages never do what their intended to do.
the people of san francisco voted for the loons who are running the city.
it’s literally just that area in sf (and the tenderloin). source: i live here
sf is not as bad as some people would like you to believe [
meanwhile the office in russia remains open.
but it’s da language er da oppressed. you’re a racist if you don’t let them rob and poop on you.
got to wonder why so much addicts and homelessness problem? people not getting paid enough? lack of public rehab program? red states bussing their problem off to the coastal cities?
it’s not a good take. the crime problem is a real one, but it has gotten better under this da, not worse. people mistakenly think the policy set is “light” on crime, despite it being tougher than texas’.
they vote these people in! the people of sf deserve it. if they do not like it, maybe they should be more active in local politics and actually research the people they vote for. imagine that, using your brain for 5 seconds and realize your votes impact the world your living in.
lol, think i’ve stayed there. nice property if you stay inside. there was a homeless dude shouting oxys for sale on the corner for an entire day while i was there.
>san francisco has turned into a shit hole quite literally you can plot all reports of public poop :/
damn you'd think a rich state like california would do something about the homeless problem. it's not even a partisan issue. a complete failure of the people in charge
>san francisco has turned into a shit hole quite literally. my gosh yet another guy who just plops "literally" at any chance to... >walked out of the lobby and there was a homeless man right outside the door spreading his cheeks and shitting on the sidewalk. nvm, you clearly understand and apply the definition of literal. have a good day sir.
what do you think caused it to get worse?
yoooo this place sounds fucking awesome
my girlfriend is from there. it is totally a shithole. i almost got stabbed fighting a guy waiting for another uber when the first incorrectly dropped us off in the fucking tenderloin area. literally waiting for ten minutes.
quite shocking to see this happening especially in a first world country. hope things become better soon!
sounds like a gta game
is the entire bay area fucked or is it little better down in santa clara? i have a remote job that is based out of there that is now forcing me to move down there because the assholes in management want the "workplace culture" back.
it’s liberal politics run amok. that’s why sf is the way it is. it’s a dystopian nightmare. that’s not to say the answer is right wing politics. lol hell nah, then that would just be a conservative dystopian nightmare like kansas, texas and the rest of the south.
great exchange. i use it for most of my purchases rn. never had a problem, easy withdrawals and deposits, kraken stuff
the ceo is not kraken under pressure.
krakens ceo is a legend and always makes the right choices. definitely a big plus in my book
they're looking out for their employees and at the same time, looking out for the community. change needs to happen in sf, and i'm happy kraken has the stones to say it.
damn, shit was thrown at you?! god damn that’s thisgusting
literally same experience. never going back.
where do you live now?
what do you exactly mean by getting shit thrown at you?
well damn said! it's not any one person's fault for what happened to this beautiful city. it took people of all stripes and colors to make the decisions that led to this outcome. and now, i do not think anyone knows how to get out of this mess.
i love people here only consider “murders” as crime. non violent crime is still horrible crime. vandalizing and stealing is crime. let’s compare those rates. oh! that’s right. in tons of cases the police aren’t even reporting the crime or responding to the calls. so that will tank their numbers also.
like the idiot tech bros who moved to the tenderloin and complain about homeless and human shit.
this world is insane
hopefully not one where people base their thoughts on society based on what tech ceos think about things.
what? you do not want a poop map app for you city?
non tech workers cant afford to live there because of the housing bubble and the fact that new housing stopped from being built.
isn't crime on the uptick everywhere in the u.s? seems more like a complicated issue than pinpointing on tech workers in bay area. ofc i'm not saying your point is invalid because it is true.
nah, austin texas is next
it’s been that way since 2016. very sad.
it really depends what kind of lifestyle you like to live. i enjoy it here because i love the food, nightlife, sports teams, and endless amount of activities to do on the weekends. i like to get out a lot and this city suits me well. i work in tech and even though a lot of our positions are permanently remote, i still choose to live here. it’s not everyone’s cup of tea but i’ve never been robbed, i’ve never had my car broken into, and the homeless don’t bother me. honestly, it is a shithole to most but i’m in my 20’s and i’m having the time of my life here. i’ll probably get out when i settle down.
>after reading comments and i feel dumb. this sub will do that to you. some of the worst opinions are on this subreddit, and since this opinion of mine is so bad, i'm proving my point lol
here in california you will be released after committing a crime and pay 0 dollars for bail. then you can commit another crime, get released for 0 dollars and do it again. as a result, normal people get to constantly see theft, destruction of property and harassment.
there are maybe two or three small inner city areas that are problematic in san francisco, each being no more then a 3x3 block radius. these huge companies rent their hq buildings in these areas, then complain about the issues that were already there before they moved in. there is an entire city for them to occupy and have their hq buildings in where nothing of the sort happens. but they choose to be in these inner city areas, and get upset when the problems that were there before are still there after. also, they could literally just get in contact with organizations like urban alchemy in san francisco which are boots-on-the-ground grassroots approaches at the problems the city faces, and those guys kick fucking ass.
oh nooooooooo! i love her. sad to hear.
get things back to what? what's with this revisionist history that sf has been a historically safe place? am i the only one here who's old enough to remember the 90s? and has not violent crimes in sf been trending down in recent years?
i would be stunned if any of these commenters had been to the west coast of the us, much less sf. do you think any of them realize that "fuck liberals" is not actually a point?
i live in sf and can assure you no one in this thread has stepped foot in the city in the last 5 years by what i’m reading 😅 also the ceo is just looking for a way (yet again) to use his company to express political views - which is cool - but don’t pretend it’s about harassment and chesa boudin, you just wanted to get out of your lease.
yeah, the entire country is like this in any major city. not really sure what a city da is supposed to do about homelessness and a failed drug war.
couldn't be people voting idiots in...
it’s only some parts of the downtown, tenderloin, and south of mission that are having these problems. the other 85% of san francisco is still absolutely magnificent. been here 5 years and never dealt with anything reddit likes to regurgitate. never felt unsafe here.
i read [this article]( about a lamp post that fell over and almost killed someone because the acid in human urine ate away at the base over time.
the entire world???? cap.
while i’m sure it’s dirty and has its problems, is it really “one of the dirtiest places in the world” or have you just never really left california?
na you just need to move the fuck away from the coast or move county on the coast that is red. orange and san diego county do not tolerate any of the liberal shit and that is why they are still great places to live provided you can afford it.
reddit comment section, where you go to post about being an imaginary victim and post right wing conspiracy theories and act like a centrist
weird how it has the largest economy in the us and the 5th largest economy in the world when business owners are treated so terribly.
we need a revolution and change everything. so many people could be saved, life standard would be higher but instead, we have a few corrupted fucks getting everything for themselves. fuck this
i am sorry but american people do know what true crime is. they actually made it. first season is outstanding
sure but the thing is, we don’t want to know. do you want to go back to living with the crime you saw in argentina? the goal should always be less crime regardless of how insignificant the crime is compared to other places.
the idea is to not devolve into argentinian true crime
same, it is not that bad
yeah been travelling there for 25+ years and every time i visit it gets worse.
what about skid row? union square is in the heart of the tenderloin. sampling bias much?
[sf does not even make top 20 in highest crime rate cities ]( lmfao. keep talking out of your ass.
you know that many republican states send their homeless people to california by bus, right? want to have them back?
it is by design. grift of all things control.
america has a gigantic, colossal wealth gap between the upper class and lower class. biggest by far of any country in the world. even in a wealthy and prosperous city like sf there are slums and bad areas, where the people have been let down by their government, and its lack of medical. america is a great country to live in only if you have money - the rest are left to the dogs
because you have stupid people that vote stupid people in then complain things get worse.
states did not want to spend money on housing mentally ill people, so they let them out the door. saved tons of money, which was promptly funneled to cronies. now these people are out on the street taking a dump on the sidewalk.
it would be great they said...
ignore the downvotes, it’s 100% true. the most crime ridden states in the us are all blue. it’s funny that people even argue because it’s extremely easy data to find from almost any source.
careful telling the truth, you'll get downvotes.
checks bible belt - shit did the liberals do that to?
>california is dead california is the largest agricultural state and feeds more people and live stock than any other state. drive 30 mins inland from the coast and it is extremely conservative. it's a massive state, i'm conservative as fuck but i'm not moving to fucking texas when i can just stay out of extreme liberal areas.
coastal ca has super-mild weather all year and we cannot quite figure out how to make tent-cities illegal because the campers do not care about any consequences. the only escape is to leave because the campers are not going anywhere.
> california is dead much in the same way bitcoin is dead because it had a dip. still the fifth largest economy in the world.
austin is quickly going down the rabbithole of experimental societal laws that have no effect on the rising open air drug camps that pervade the city. we need to start addressing the real issue, drug addiction and mental illness. this isn’t a story if someone that can’t afford a house, these are stories of people wanting drugs more than a house
don't forget the voters. they voted these clowns in and complain.
oh, they are. texas is becoming egregiously blue in **all** of the major cities. dallas, el paso, houston, austin, san antonio are all turning in the direction that got cali here. the crazy thing is, there are so many suburbs and tiny towns that it still somehow outnumbers the influx of people coming in. source: lifelong texan. watching it happen firsthand.
oh most absolutely will. my mother in laws just became residents of az and still without question will vote blue no matter what. we talk on the phone and they acknowledge how terrible ca is getting and all the different ways it is. now they have fled to another state and will do all that they can to do it again.
lol the south would like a word
indeed! considering moving to a red state until sleepy joe is out of office...
been only once to detroit (and 10 years ago) but the city and their people were suuuuuuuuper nice. and i was taking public transport and shit over there. poor ass european backpacker. i had a blast. detroit rock city !
except with more smug.
detroit is not anywhere near this bad.
in california it’s been that way the game was always modeled off of real life
no, it is what happens when you elect back-to-back das that refuse to prosecute violent criminals because of their race.
cost of living is getting too high which is leading to more homelessness and crime. if you think this is only a california problem then you're not paying attention.
its a big place. cities are just shit. there are too many people in this world, and if we could have less of everyone (i dont volunteer!!) we could live more closely with nature and strike a balance with everything.
reactionary nonsense. people want to defund the police because they spend hundreds of millions on armored vehicles and weapons, those things do not solve a homeless problem or drug addiction problems.
yeah just be white, christian, and drive a semi sized truck, and you'll have a good time! especially in the winter!
i too love women being forced to have children and a education system that pretends racism doesn’t exist! yay right wing theocracy!
just a reminder to vote blue in 2022
gtfo. you’re clearly not from anywhere near california. sf has been trending down for awhile, but it’s been a dangerous dumpster since covid.
this fucking grifter dickhead just wants an excuse to move his hq and he’s throwing california’s homeless population under the bus on his way out.
> felt perfectly safe! you probably should not have, you're just ignorant.
i don’t understand why so many people have a problem with the security in sf?? because most of the people commenting are die hard libertarians who have never been to sf and only hear about it on the fox news.
it’s obvious this sub is full of republicans who can’t wait for their daddy trump to come back in 2024!
drug abuse and leftist ideology. you can throw all the money you want at that problem it will only fan the flames
reminder, take your meds.
this is what bothers me about this post, as well. no police reports given, no examples even. just some accusations and calling the da ‘soft’ on crime, which usually means they want to enforce ridiculous minimum mandatory sentencing, hold people for a year on low-level offenses because they can’t make bail, etc. and their hot take on the subject is that the problem is obviously drug addicts because everyone knows addicts are all violent and thieves. that’s straight out of the sackler family handbook under ‘demonize addicts’.
i think the problem is we do not actually get the new deal anymore(we pay for the new deal but we do not get the new deal). busting monopolies, antitrust enforcement, patent enforcement (not just ammo for your lawyer when you spend a fortune to sue the infringer). social security before age 70, america first protectionary tariffs.
100% correct. that is exactly what they deserve. i hope they keep that same energy from now to eternity. keep letting criminals loose because it makes you feel good inside. you reap what you sow.
> looks like a conservative echo chamber full of greedy investors. what did you expect ?
it's really weird and people in the thread are using 1 yearish old accounts.
this sub is a bunch of right leaning sheep. nothing gets em frothing at the mouth like mentioning sf and crime lol.
that's what happens when the dnc let communists take over.
no, the number one choice is liquidity and stability, along with security. you know, business reasons. i dont know how many times i've tried to execute a trade and it fails due to liquidity reasons.
they have not yet. but the [30 helens agree](
do not give them ideas. last thing we need is for karen's to unionize and get benefits.
say when... 😉 😁
supply and demand. home builders have never been able to keep up with demand in california. too many people and not enough housing...
when was the tenderloin good? 😂
no surprise a crypto moron would say something so stupid.
yea, just all the tax payers keeping the city afloat lol.
its possible that maybe he sucks ass because he is a shitty da and not because he is progressive?
haha giving nothing, you mean like all those taxes?
look how easily you were able to magat-ize that. well done.
send those criminals to dig holes in the desert that will clean their bodies of drugs
imagine thinking it would matter haha
two words: tin snips
people think you’re joking but that’s the [actual name of the app](
i grew up a few miles outside of manhattan in the 1980’s. first time i visited san francisco in 2014, i leave my hotel for the first time. i walked one block before watching a group of young kids rob a bus driver, the bus driver catches one of them (who had to be 12 years old) and breaks his arm right there in the middle of the street. kid ran off screaming with one arm flapping around in the wind. never saw that before, or have i seen it after, in new york city. san francisco is something else.
exact same thing happened to me when i was there last, had to step over her pee stream floating down the street. i live in oregon so i’m no stranger to homeless but damn they got the super homeless down there
i thought pooping on the streets was a joke. holy shit.
when i visited in 2000, the city's answer to the homeless going through public garbage cans was to remove the cans. the streets were filthy. then, if you got up early in the morning, not a piece of garbage in sight. they'd sweep it all up late at night, only to watch the tide of trash come rolling back in. *sight, not site.
i was doing work at a gas station on yadkin in fayettville, nc a couple weeks ago. car pulls up, fat dude hops out, takes a fatter shit, stands up, pisses, wipes with a fast food bag, hops in the car, and they take off. absolutely no fucks given. he did not even look stressed or nervous.
when i lived there i use to tell myself it was melted chocolate ice cream. lot of ice cream fans in sf!
i still remember the woman walking out to an intersection and pissing right in the middle of the street and i’ve been homeless, i’m not judging her exactly
pick it up with a baggie and put it in the trash.
this happened to me on one of my first days living in china. but 8 year old boy walking to school on side walk. i was behind him and had to walk past.
up until recently, how to react to this situation was not in very many manners books. now there is a special san francisco and portland edition that covers such topics.
i’ve seen some shit
i used snapcrap while living in sf. it was amusing because it kept a log (heh) of the craps you’d reported, with pictures. a photo album of poo.
talk about a technical solution to a social problem.
pretty wild since there’s millions of people there and only 12 homicides this year… odd coincidences you’ve been around all that hoss.
yes. 10s of millions. that sounds totally plausible and not at all made up.
nice... instead of actually addressing the real problem...
no no, he is got a point *insert kronk meme here*
yeah i am going to need some sources on that before i believe that, i think posts of florida and texas are probably far more popular places to move than sf
??? that’s absolutely thisgusting where can i find it
thanks for the heads up. just reported mine.
instead of checking sharts?
what’s your snap, bro? 💩
haha that is hilarious ' no, but will later. ' talk soon
oh neat, i used to work there in college!
they've been looking gta ish. kitchener waterloo or london is the best value for talent right now in canada
i do not remember entire mobs of people robbing vancouver department stores or people robbing entire camera crews in broad daylight.
relative poverty is a huge predictor of crime. its not just poverty, its poverty next to incredible wealth.
sf is just showing everyone what we're all headed for. if the concentration of wealth is not fixed sf will just be the first of it is kind and not the last.
its more than just that. supply on the housing market is capped by the city preventing new development and growth to preserve the historical appearances. demand is still rising though, creating a higher cost on housing. if the city did not intervene with economics as much new construction would add to the market slowly relieving the cost of housing allowing lower income people to afford to live there and contribute to the local economy.
they already have the highest minimum wage in the country.
this is simply wrong. the issue is that the da is releasing every criminal left and right, not to mention the huge influx of homeless. has nothing to do with minimum wage, these criminals do not have jobs or even technically live there. there is also organized crime that takes advantage of the lax laws and brings in more criminals.
sf already has a minimal wage that is . you can’t deny that out of state cities are buying tickets to bus their “undesirables” into sf and other blur states. although most of the issue is rather concentrated in certain blocks of sf while there are many great areas
you're just pushing a narrative. what happened was exactly what was described in the title. people voted for people who do not prosecute petty crime.
it also has to do with lax da.
or - perhaps it is due to the catch & release as the article even stated... the same is happening in nyc due to catch & release.
>lower citizen purchasing power almost always leads to an increase in crime. ' >politicians could increase minimum wage or something that achieves a similar result ' raising minimum wage does not increase purchasing power. quite the opposite. raising minimum wage puts lower class workers out of jobs, and replaces their labor with robots, which makes them turn to crime. perhaps a better way to increase the purchasing power of citizens is to stop hyperinflating the dollar. edit: downvoted for economics
so what is going to happen next? if you do not believe a recall is in the cards, what is the trajectory you see there? i'm a lifetime new yorker so i've also seen massive crime shifts in my lifetime. i almost feel like a giuliani over-policing type of dude is inevitable at this point, though i do not know sf politics enough to know if they would elect someone like him. he basically enabled police to send everyone to rikers island for literal misdemeanors.
we're having the same issue in houston. it's fucking ridiculous. they let criminals out on bond and then they go out and shockingly commit more crimes. who would've guessed?
> but everyone hides in there homes and takes ubers to the front door of fancy restaurants lmao the fuck you going on about. i live here and this is not even close to the reality.
idk what you’re on about - i’ve lived here for four years and if you walk outside, there are tons of people hanging out outside. tenderloin is a different thing but literally every other area is fine. lived in mission for 3 years btw edit: why am i not surprised that someone who likes tulsi gabbard and is anti-vax hates san francisco
this is complete bullshit.
homeless go to sf because it’s not criminalized there. problems in sf are due to the failures of our system nationwide.
regardless of the amount of homeless, the things described with car break ins or littering on the street is nowhere near in a big city like london that also has a lot of homeless so something must be different and handled different by the city
the virtue signalling from msm when it comes to homelessness in blue states is so stupidly ironic. we have the same problems in republican states but nobody wants to talk about that. we just need talking points to put democrats in a bad light, that is all that matters. addiction and homelessness are a countrywide problem and is a huge embarrassment for the nation as a whole.
what propaganda numbers never lie you dumb fuck. california if full of homeless, and crimes, and people leaving by the thousands.
is this statement by the kraken ceo right-wing propaganda? bet none of these down voters have ever actually gotten off bart at civic center
umm ok. hard to argue seeing who runs sf
is it possible that this is a deliberate political move and not one out of necessity? i know nothing about the company other than how to use it to buy crypto.
> if republicans ran it which does make a great comparison point. look at the places republics run. bottom of the list of nearly any quality of life metric you might come up with. nice to see all the tech bros on reddit glurping down that propaganda to hate on the unhoused.
yeah, the gentrification caused a lot of the homelessness.
lifetime bay resident. it used to be nice. it's gone to shit noticeably in the last 10 years.
they just conveniently do not prosecute or less strictly for non minorities for the same crime or for white collar crimes
lmao the things americans will call leftist
time to turn off joe rogan
this is actually completely false. it has nothing to do with politics, it is a general trend with higher population cities. as a matter of fact, i guess you could say it does have something to do with politics because there are higher crime rates in rightwing areas when taking population into account, but unfortunately you only see braindead republicans quoting the same misinformation. edit: i'm absolutely not a democrat.
the problem is there isn’t enough cells to put everybody away. which is… let’s say ironic at least.
zoning. zoning is the issue. the rich people do not want to rezone because it will bring lower income folks to their neighborhood. this is the crux of the ca housing crisis. its simply that these lefties want to help, but none of them want it in their neighborhood. its crazy, we are supposed to be one of the left most cities, and one of the key components of the dem platform is affordable housing, yet here we are with out of control housing and homelessness. it is for this reason i think sf is one of the most conservatives cities in the country.
where is batman when you need him?
the absolute garbage this world has turned into. glad that kraken ceo is sane enough to consider the safety of his employees first.
even amazon here in seattle is temporarily abandoning a building since the prosecutors here refuse to do their job. i was a couple of blocks from a woman when she was brutally beaten then less than an hour later the guy was already out and stabbed another woman. the city’s elected officials don’t give a damn about us.
are you in san francisco? i’m not in the us so i have no idea whats going on, i’d like to know
yeah man, no amount of profits is worth an employee's safety. i hope they are all safe over there
it's really just the downtown area, which during covid was a ghost town. a lot of people have moved out of the city as well. but there are still plenty of areas in sf that are pleasant to live in. agree 100% with his decision. the area that they were located was never the best, but has gotten way worse during the lockdowns.
wait what’s going on there?
tell me you don’t live in sf without telling me you don’t live in sf. homeless people flock to the city because it’s an amazing place to be homeless. open air drug markets, no punishment for petty crime, and great weather.
open air drug markets are the issue. the homeless and unhoused are there largely by choice or metal illness. we need something in-between prison and you're free to go.
damn, that sounds rough. concludes local government's priorities to
first step, make it illegal to bus homeless to ca. many states bus their homeless here, and ca does not bus homeless out.
somebody listens to a lil too much joe rogan what state do you live in?
dumbest comment of the day, thanks for confirming my bleak world view!
sounds like it is a threat city. i am happy to throw in some money to move more homeless people there. seems like a great opportunity for people that really need it.
more opioids in the homeless community would help the shitting problem
did you buy any? those are hard to get.
you’ve both just described literally every nice hotel in downtown san francisco. walking out of your ’t unique to any specific hotel, it’s the entire city.
lmao imagine coding this shit
why do i find this so interesting
it’s not a money issue. plenty of money has been thrown at the problem. a majority of these people are nuts and they need to be institutionalized. unfortunately we can’t do that without going through significant legal hurdles.
actually it is not all their fault. a lot of places pay to bus people to california. which logistically and practically makes sense. solves the local issue immediately and puts them in a place where you're unlikely to die from the elements specifically winter. that said it is a shitty thing to do.
homelessness solutions are very partisan. at most cities at least. and it requires a solution at the federal level in part.
most people do not believe in their tax dollars going to free health care for the mentally ill. instead theyd rather give senators health care for life. they deserve it for some weird reason.
it's not partisan, but it is a thistinct difference in philosophy of the people making policy, compared how normal people know the world works.
california is the best state to be in if you're homeless due to weather.
> damn you'd think a rich state like california would do something about the homeless problem. what would you have them do? most of them are mentally ill. giving them money or a place to sleep or some food, is not going to solve the problem. locking them up in jail is what a lot of people seem to want. or anything to just get them out of their sight. the old school rich liberals who run san francisco want it this way. they want the homeless people to have freedom. i cannot say i'd make the same decision they have but i damned sure respect them for it. it's been this way for many, many years. they've withstood all the billions of dollars in tech money and everybody else trying to change them. they are not going to change. sf is and will probably always be a safe space to be homeless.
the homeless problem need to be addressed and if crypto can make change for these people we should vehemently support it.
it is a rich vs poor issue... they locked the real estate property tax at 1% decades ago so they do not have the money to build things like affordable housing.
why solve a problem that makes the people millions of dollars every year? the people on these boards that fix homeleness are making so much money
rich people care not for the poor.
it’s not partisan issue in the sense that no one actually wants to do anything about it, very sad.
it's not a money issue, it is a political will issue.
the money is probably a big part of why there is a homeless problem. cost of living is too high.
yep they are doing something. but first we need to meet up at the french laundry for a . budget? oh we’re out of money.
california is extremely poorly managed. despite being a huge economy with high tax rates, they have terrible roads, terrible public schools, terrible social services, and do no better on homelessness and crime. all that money is just to make politicians and their friends rich, and toss some bucks to "non-profits" that endorse them, not help the people.
huh, it is almost like that wealth and the homelessness is linked? weird
it’s wayyyyy more complicated than people think. i’ve lived and worked downtown in the city for 15 years and have watched things spin out of control and have had to deal with the craziness on a daily basis as i ran the downtown locations for one of the wireless carriers. there is a huge mental health problem, many of the homeless just straight up refuse to get off the streets even when opportunities are presented to them. there are numerous reasons for this (like not wanting to leave pets or belongings behind) but there’s so many other factors it’s just a difficult problem to tackle. now that’s not to say that we didn’t get here by way of gross incompetence, but you can’t fix this problem with a magic wand (unless the super bowl comes to town). this problem will take at least a decade to fix and that’s best case scenario. with how things are right now i’m not optimistic the problem will ever get fixed and will instead continue to get worse. it’s easy to look at how high our gdp is and say “someone should just fix it” but the dichotomy you see on the streets of tech workers walking past homeless people shitting in the street like it’s normal just illustrates how that number doesn’t present an accurate representation of what’s really going on. the numbers are skewed. tldr; it’s way more complicated than it looks.
>it's not even a partisan issue. oh it definitely can be.
> it's not even a partisan issue. it is an extremely partisan issue, so much so that cooperation is not even possible.
nobody wants high density, low cost housing in their neighborhood. nobody wants homeless shelters or transitional housing in their neighborhood.
california has the homeless problem *because* it is a rich state. there's massive demand for housing, but the people in power want to block housing development because limited supply increases the wealth of existing homeowners. you might think that poverty correlates with homelessness, but the poorest states (like alabama, missisippi, etc.) consistently have some of the lowest homelessness rates. [homelessness actually comes from high housing prices]( not drugs, not mental illness, not poverty - housing prices.
🎵california, is very nice to the homeless 🎵 califor-na-na very nice to the homeless
sf bay area actually has the highest spending rate on social programs for the homeless. the real problem is that homelessness is not solvable on a local level. the rest of the us has to step up to the plate to solve this. until then, the problem will always be that no matter how much resources local municipalities dedicate to services targeting the homeless, there will continue to be more people in need that show up for help. no one city has all the resources of a whole nation, and cannot help a whole nation worth of homeless as they arrive at their doorstep. so no, it is not a complete failure of those in charge in ca. it is a complete failure of those in charge at a national level. edit to provide an example of why this doesn’t work: malibu just passed a measure to bus their homeless population elsewhere. according to the report i read, there are 140+ homeless people living in malibu, which is looking to relocate every single one of these people to live somewhere else. do you think malibu will send continued tax dollars to these other cities? i wouldn’t hold my breath. so, even if the destination city has a 100% effective program for their homeless population, they will now have 140+ more people in need of resources. if these resources are not coming from the origin city, where are they supposed to come from!? thin air!? how does a destination city just magically turn up more resources to keep its services running with the same efficacy!? and if they cannot keep their great track record going, they end up looking bad because of the actions taken by another city that wasn’t willing to provide any assistance to its homeless population!? the buck has been passed, but only metaphorically because zero actual bucks are coming their way to help. a well intentioned city now looks bad because a city that refuses to provide homeless services (but definitely has the money to do so) made a policy decision to get rid of their homeless population rather than help them.
but they are doing something about it! loading them on busses headed out of state.
what about homelessness do you think is not partisan? one side wants to help them, one side wants to push them out or imprison them. both solutions take allocating taxes. also, not much you can do about homelessness in states with lots of rich people and great weather.
i mean they kind of cannot because most of the poor and homeless go there from other states because of the stable weather
it is partisan but not in the way most people think, there is a small ish active leftist movement that want to devote resources towards housing the homeless and more importantly opening mental health facilities where they can get help, but the majority of the dems in office are neolibs who would melt the poor into bio matter if they thought it would increase their home value
it doesn’t help that other states have been caught bussing their homeless to california. nevada is the only one that has been caught but i’m sure there are others. if san francisco county(2021) was its own state, it would rank 30th in terms of gdp, if la county(2020) was a state it would be ranked 6th in the usa and santa clara(2020) 21st. people really lack perspective on how big california is and that its cities have gdps larger than many states (and countries) and it’s considerably more complex to solve issues like this. also, california pays more and gets back less in federal taxes.
as a european i think the problem is the overall sentiment, that anything social is considered socialist or even communist. you guys as society are so indoctrinated, that people who did not make it on their own are a failure and deserve their situation, not taking into account all these external factors. i don’t want to generalize, but it is still the majority, else there would have been a change already. having welfare, free education and universal healthcare is not socialist, it is a driver for the society that avoids e.g. homelessness due to sickness and evens the opportunities a little. lots of people have a head start while many many others are caught in generational struggle. to prosper as a society you need to stop this and go from "i got mine so fuck off" to "i got mine, how can we get you yours"
it’s a partisan issue in the sense that both parties have different methods of ignoring the problems of poverty, homelessness and inequality.
i think it’s just so complicated no one knows what to do. if you create housing, you create a dangerous area full of crime, drugs, rape, murder, you name it. if you create shelters, they don’t go, because no drugs or alcohol are allowed. if you just let them camp outside, there’s just shit and needles everywhere, crime…i mean, i used to work in a homeless-heavy area, and once a homeless man raped and killed a girl who was waiting for the school bus and left her by a dumpster. i don’t think i’ve ever seen a homeless (street person) who’s not high or drunk. i used to help people who needed a place to stay find a shelter, like women with kids, for example, but these people living in the streets aren’t regular people, i’m afraid to say. you can’t just build a village of tiny homes and let them loose. i mean, you can, but there will be stabbing and rapes, meth, booze, and crack everywhere. the homes would be destroyed.
but that would be socialism!!!!
it is a partisan issue…you have 30+ years of liberal policy…. catch and release is a liberal ideology.
it shouldn't be partisan, but when one party continually supports and makes optimal conditions for filth to prosper, its hard to say it with a straight face that it isn't
they are too busy raking the forests
sf has one of, if not the best, homeless services program and it is ran by a private charity. they feed a ton of people, have training programs, housing, etc. sf spends more on homeless services than any other city per capita.
people have unfortunately become insensitive when it comes to homelessness. you can thank the traditional media for that
that is actually mind blowing. we need a revolution and change everything. so many people could be saved, life standard would be higher but instead, we have a few corrupted fucks getting everything for themselves. fuck this
they try, but it is too expensive. the tuff shed program has had some success but there is just too many people. homelessness is a problem that can only be solved on a national scale. all the other states purchase 1-way bus tickets to california for their homeless and then point at california and say "wow, look at how they cannot solve their homeless problem!" housing should be a guaranteed right, but that idea will never even be put to paper, much less put to a vote.
pandemic recession + the da making low-level crime defacto legal. basically, the da has said he would not prosecute low-level crimes such as drug use, shoplifting and theft under a certain amount. additionally, the punishment for more medium level crimes such as assault have been reduced and second chances are given much more often so you frequently see someone rob and assault someone, get caught, then be put back onto the street with a fine or warning a few hours later, only to commit the same crime again a few hours after that. boudin believes (somewhat correctly) that prosecuting and jailing only creates more criminals and puts people into a perpetual loop of being involved in the criminal justice system. boudin's push is to divert people away from the justice system, towards thing like addiction counseling, welfare programs, or other diversionary programs. the problem is that boudin is not responsible for other programs' running or even success so he can take flack since he has made it openly known that he has some tolerance for certain crime and second chances. maybe it calms down when people realize the intention or start seeing people be prosecuted but for now, a city that was already pretty bad off is just getting worse.
the policy towards homelessness is an issue all across northern california, we have literal tent cities that are worse than refugee camps. they've taken over freeway on ramps and basically post up in the center of the big clover intersections. i live in sacramento and we are spending millions of taxpayers money and putting them up in hotels. we've been so lax on the issue for so long that homeless migrate to our state. it is a complete failure by our legislator. both republican and democrat are to blame, they have been turning a blind eye for decades.
as a scandinavian that is been to the us, i found it to be a mix of a first and a third world country.
i lived in sf in 2004 and saw this multiple times. i’m not denying it has changed significantly but are we pretending homeless people just started shitting on sidewalks? i’ve also been people piss, again many years ago. it’s been a problem for a long time, not just since it was a problem for this person specifically.
i can laugh about it now because i managed to escape but my friends were not so lucky and got jewelry and handbags taken from them.
stay safe man. it's rough out here so do what you got to do.
i think sc is probably a little better than like, the tenderloin. there are unironic nimby enclaves scattered around but overall it is everywhere and pretty shitty. don't leave anything in your car and leave the consol open... anyone that tells you otherwise has stockholm syndrome.
the answer is admitting that other countries have handled similar problems better and try to understand why their policies worked. take a look at a country like singapore which attracts very high earners and big businesses, yet 40 years ago was still a developing nation. it prioritised the citizens through public transport and government subsithised housing and attracts more businesses than just about any other city. as an outsider, it seems to me that american politics suffer from not looking at successful policies in other countries and focusing on right vs left .
also, the best customer service out of all crypto exchanges.
jesse powell is the kind of ceo that you know will stand up for his company and employees.
i remember getting into crypto years ago and kraken was the only one that took customer security seriously. all the others were "just type your email and get it mostly right, we got you bro!" i fell in love then.
tech employees ruined their city, made rent ridiculous and priced people out, without adding anything to the local culture
since when is sf this fucked? this is the first time im hearing about it
because techies are the reason locals were thisplaced and rent+commodity price has surged so much; all while the techies have a sense of “superiority” than the very same people they thisplaced. techies have no culture and ruin every city they migrate to always migrating from hotspot to hotspot every 5-10 years.
well yeah they priced them out of their homes
40 acre farm in north carolina. san francisco literally made me run from people. i do wood working and maintain my farm now.
in this situation, trust your imagination. san francisco is such an awful place people literally shit in the street. not exaggerating. matter of fact, shit isn’t the most thisgusting of the bodily functions i’ve seen performed in public in sf
lmao right, they see 1200 a month and don’t ask why
check out the creepy propaganda videos apple puts out about california to try to get staff to come back to the state
crime is most directly correlated to income inequality. it sounds simple but it’s true. as the cost of living goes up everywhere and more people get squeezed out of every dime they have then crime goes up. income inequality is going to keep getting worse and as a result crime will also increase. sf is one example of heavy income inequality. the tech industry put a lot of wealth in the city (but only in the hands of a few) and thisplaced many people. a lot of the homeless people there are natives to the area. can’t be surprised some homeless dude is shooting a needle into his arm in your nice city. he’s probably lived there his whole life since before it was a nice city.
is it? fits right in with the agenda at play that the press censors and people are marginalized for talking about.
wtf is the government even doing?
sounds like parathise to me are you still accepting people over there
coming from the left though, "fuck liberals" absolutely is a valid criticism of politicians like nancy pelosi, from san francisco. rich people who pander to the left while enriching their campaign donors and profiting off of inside trading. "let them eat ice cream" and all that.
they don’t know what they’re talking about. it is what it is, sf has a lot of beautiful areas, but everyone wants to focus on the garbage so they can prove their politics are better. it’s stupid, this is a crypto channel for fuck sakes.
houston is a much bigger city and this type of activity of rampant homelessness i can pin point to exactly just 1 block in the city which everyone else avoids. it's definitely worse in cali 100 fold
social programs for mental health support, more public, programs for getting homeless off the street and into homes instead of the usual approach of brushing them off to the side and watching the problem grow out of control as the cost of living becomes more and more out of control and wages stagnate. instead of looking at the problem like ugh there is a bunch of unsightly homeless in the area, looking at it like "holy shit how is the country that constantly touts itself as and the wealthiest nation on earth allowing so many people to get to the point of living on the street with untreated mental illness and addictions with absolutely 0 support!?
that's a lot of pissing
sorry, why is everyone talking about blue and red? i’m not american but i assume this has something to do with politics?
who said red states were good?
ah yes. i see that i've found mr anything i thisagree with is right wing and not real.
i said they are demonized, not that they have not done well for themselves.
conservatives just tried to recall newsom and got crushed. you do not have a revolution when the problem is just "a large majority keeps voting for things i do not like."
i really hate that i laughed at this
well thats violent crime, but thats not the whole picture. car break-ins and street poop they are probably top 5
it’s high for a developed country but certainly not the biggest by far in the world. it’s not even in the top 20, at least according to the gini index data from the word bank (
> america has a gigantic, colossal wealth gap between the upper class and lower class. biggest by far of any country in the world. false. us has higher wealth inequality than other g7 nations using metrics like the gini coefficient; but not "by far", and it is not the highest in the world. also a false premise. wealth is not a zero-sum game. the fact that the us has more billionaires than other countries raises our gini coefficient, but that does not mean that the "lower class" is worse off here than they would be if those billionaires did not exist. let's also be realistic, the "lower class" in the us has a higher standard of living than the lower class in other countries.
it is just so crazy that everyone still wants to come here. i wonder if there is some sort of correlation.
i don’t know if i should even visit usa now.
>getting homeless people 'off the streets' tends to be seen as a cruel thing to do, and people (mostly on the left) get upset about it. and as most voters in big cities tend to be left leaning, the people in charge do not want to do anything that could be seen as cruel to the homeless population, as it could hurt their reelection chances. as someone on the left, my issue with getting homeless people "off the streets" is that this usually entails paying -4k"nonprofit" run by some politician's family member and putting them in conditions that are as-bad-as or worse-than literal prison. which incidentally is also why so many homeless people refuse those "shelters." they're dangerous, unsanitary. for a fraction of the cost we could put people up in much better conditions (rent out a local struggling small hotel) which would allow them to actually get stable for a moment so they can get back on their feet. if you're interested, the video below has a lot more details and sources. it is about nyc, but the issue is more or less identical in every major city (d or r or whatever). it is also not by a leftist.
i would rather be sailing sorry, had to
look at the top 50 violent cities in america… you’ll see the trend.
except ca isn’t even dipping. they have a massive budget surplus and it’s a fantastic state to live. housing prices are high because people want to live here. lol.
the rural urban divide is not a texas thing or even national thing, it is seen worldwide
if you check texas voting history you will see that conservative candidates did not win by large margins. and if you check the cities, you will see that they have almost always been blue. ' california is definitely not dead
the cities (outside of fort worth) have always been blue. once the suburbs change it’s over
hell yes. and the electronic music scene is one of the best anywhere
i never said just california. seattle is a shit hole as well!
i had no idea kraken offices in sf were packed full of libertarians. lol
fox news is diehard republican….
yea you can tell all these conservative finance bros saw a chance to shit on california so they all took the opportunity to mention how shitty california is yet probably never go there. i live in az and every time i've ever been to la or san francisco i've never had issues.
yeah fox voted for incompetent people.
come visit san francisco. i’ll also personally give you a ride to skid row in la and drop you off so you can provide mutual aid for these people. edit: oh look downvotes, it’s almost like redditors like to cry afoul and not do shit.
exactly. these morons have clearly never been around substance abuse victims, or the like. no empathy, no sympathy, probably because they come from a point of privilege. not to make this political, but much like half the country (and our representation) they are all about click bate, no substance. like the few poor homeless people are what keeping kraken from making money, just another excuse to avoid taxes and move to texas. everybody is super quiet when the elected officials they voted for commit insider trading. this whole sub is a bunch of rich fucks
you are correct. we are sold an illusion.
i’d like to speak to their manager
what's magat ize? honestly curious, thanks.
true, same shit but would be a start
california is nice to the homeless californ-ya-ya super cool to the homeless
not a joke. i went to school in that area and 2-3 min after exiting the bart a man was shitting in a planter on a busy street... in broad daylight. sitting on the planter like a toilet every so often when your walking the streets in sf you'll get a random, strong whiff of piss. after seeing someone shit on the street for the first time, you put 2 and 2 together like "oh"
it’s serious, i was walking down the sidewalk an a man was crouched down taking a literal shit as he proceeded to cat-call me. he was actively shitting as he whistled and called out to me.
it is not. it happens a lot in san francisco due to the sadly very high number of people living in the streets.
i heard about this when i stayed in mainland china. i remember thinking "thank god i live in a country where this never happens" but then it was lol oh hi san franshitsco
man, it am not even just a san francisco problem. i seen the same damn thing in dc. also saw a dude just drop trou and have a piss next to a major intersection.
wait till you go to delhi or mumbai!
nope. homelessness is huge in san francisco as it also is in los angeles. i wouldn’t blame the da. blame poverty. where there is high poverty, there is high crime. this is a fact because poverty breeds desperation
they used to do it in plastic bags, but san fran got rid of those.
isn't that the dude from jersey shore?
wow. i think your example is worse. if the guy was driving, he had to be somewhat aware of what he was doing. right? the lady i met in san francisco was stoned out of her mind. she probably had no idea she was on a street corner taking a shit. for all i know she thought she was in a bathroom somewhere, who knows, adding fuel to a cosmic unicorn? i’ve never been that fucked up to know what could have possibly been going on in her head.
lots of ice cream fans…dropping ice cream.
boy, portland is a unique place. i went there for work once and my hotel was north of the city. to get to the building where i was working, i rode the max light rail from my hotel to downtown. on the day i rode in, a guy got on who just looked rich. i saw he was wearing a rolex and what seemed to be a very expensive suit. at the next stop, an unbelievably large man got on. he had to have been 6’ 6” or taller and weighed 400+ pounds. he was wearing a full viking uniform with a helmet, leather embellishments and boots made out of fur. nobody even seemed to notice this guy. finally, the stop before i left, a woman boarded dressed as a cat. she had a tail, cat ears, and cat face paint. again, nobody seemed to notice. everyone else looked like lumberjacks and had a unicycle for some reason. it was a tuesday morning in april or may. it wasn’t halloween and there weren’t any comic conventions in town (i looked). it was just the most eclectic group of public transportation riders i’ve ever seen. there is a reason they say “keep portland weird” because it’s definitely weird.
i’ve lived in the bay for 22 years and i’ve never seen anyone get killed, assaulted, robbed, etc. funny how that works. one time a guy said the and word in the costco parking lot and that was the main controversy for months. i just think, if it’s such a crime riddled, nasty, lawless, shithole, why do so many people spend millions upon millions to live here?
could certainly have been an embellishment but nevertheless they are paying people all-in compensation of nearly .
most of the homeless in my area (florida) that i’ve seen for years on end have mental health issues. we have shelters and employment. the people with mental health issues can’t or won’t stick with any of the programs or stay in the shelters. one guy sleeps under a tree on the dirt and gets paid by local businesses to help clean up parking lots and trash areas but he doesn’t want to improve his situation. people have offered him a place to live but he refuses.
and what is your solution, pray tell?
>i am going to need some sources price for comparable housing in different areas is a direct measure of demand.
[san francisco poop map a](
the future of blade runner where basically everyone is a homeless squatter is on its way
it's not the minimum wage. it's the exorbitant cost of housing due to over-restricting zoning laws.
in this case, even if they increased the minimum wage to , people would be having trouble living in san francisco.
i agree with you on everything, but as mentioned above the homeless are 90% from local residents who lost homes, not from migrant homeless as much as we are led to believe.
> wages in sf are higher than anywhere so is the cost of living. which has been rising faster?
so what you’re saying is a minimum wage earner can afford to rent within a 15-40 minute commute to a custodial, or food service job in say, city center?
the metric that matters is called purchasing power. you can increase purchasing power by increasing wages. it does not matter if they have a high minimum wage if their purchasing power is still low. there's no extreme wealth breeding extreme crime in sf. it's weather creating unsustainable environments for everyone who is not wealthy and tons of historical examples show that lowering purchasing power leads to increases in crime. just like detroit is collapse. it's really sociology 101 dude.
attributing ‘moral ideology’ as opposed to material conditions to criminal activity is regressive and wrong. violent crime is and has been trending downward on the whole. the perceived rise of property crimes are obviously results of vast income inequality and a high minimum wage is irrelevant if the cost of living has far surpassed wage increases, which it inarguably has across the country but especially in sf where the influx of overvalued tech companies has caused massive gentrification.
they did not legalize petty crimes, they just increased the amount of damage done before spending resources going after the perp. similar policies are enacted in other cities such as those in texas, however did not see an increase in petty crime. from all the recent organized looting, it feels like there is an organized crime group pulling the strings in the bay and la. there is something else going on, but it’s easier to just blame the da. we don’t have unlimited resources and spending time going after every petty crime would drain a lot of resource.
bullshit, increased policing & incarceration has zero effect on reducing crime
this. and all the homeless are happy to flood the city where they can freely rob you and shit in front of your house with police assistance. what a shock.
i think they may be a slight pull back, but the city is so anti-cop, anti-punishment, etc that i know we would not have a juliani type for a looong time. maybe once all of the businesses shut their doors (which they are doing) the people may realize they need a change. but i would not hold my breath.
yeah as someone who’s been here over two decades and family who have been here since ww1. the city was 5000% worse from 1976-1993. dolores park used to have no people and was littered with needles. murder was way higher. i walk over a mile in the city everyday in different parts. there will never be a crime less city. it’s not a thing. people are delusional.
this whole thread is right wing talking points bullshit. people on the internet literally line up like sheep when sf is mentioned to talk about poop. been here for years and homelessness is bad in some areas but tracks with increases in crime and homelessness all over the country. to imply it’s a governance issue is to suggest we just throw these people in jail which is asinine and unconstitutional.
yeah, this thread is nuts. i live in the inner richmond and walk to gg park every day. it’s beautiful and there are tons of people out having a great time all day long. most beautiful city i’ve ever lived in.
it’s telling that the loudest people screaming about the failure of sf don’t even live anywhere close to the bay area. we’ve got our problems but we’re nowhere near the dystopian shit show that’s depicted in these comments.
>edit: >why am i not surprised that someone who likes tulsi gabbard and is anti-vax hates san francisco main demographic of this sub
ask them about how portland has been burnt to the ground and rebuilt 80 times. or how theres this max exodus from california despite its population increasing. dudes will just regurgitate shit theyve heard from fox news and 4chan thinking its real while never leaving their shithole suburb in ohio.
and cali weather is nice. this is also a key factor to where homeless population lives. in chiago, hopeless people cant live outside during winter like how in arizona homeless people cant live outside during summer.
> california if full of homeless it's not a surprise homeless people would go to areas that have support programs, have foot traffic where they can panhandle, and a climate that does not freeze them to death. red states also give homeless bus tickets to ca or jail them, which is not really better. ca is not the worst state for homelessness, you just hear about it the most because of fox propaganda > and crimes red states are far worse >and people leaving by the thousands this can also be explained by people seeking a lower cost of living when wfh means they do not need to live near work
that's kinda what happens when you have a dense population without affordable housing.
they had a 6% population growth over the last decade lmao
> is this statement by the kraken ceo right-wing propaganda? yes
...sorry, are you seriously asking if a cryptocurrency ceo might be heavily right-wing?
kraken hq was in the middle of the financial thistrict
i’d assume it’s financial. i bet they don’t want their office space anymore and feel this might be a way to get out. that being said. my super blonde petite ex just walked by there on her way to her law offices in the financial. so maybe the ceo and employees are just weak as fuck?
right? the problem with the politics in san francisco are not that they are too far to the left (they are only on the left when it comes to things like "do we want to make it illegal to be gay or a woman"), but that they are too far to the right on financial matters, nimby types. they are not exactly trying to use their funds and learn from northern europe on how to handle the homeless and drug addicts. they criminalize it, move them around, do not offer them resources to keep clean or shit inside so of course they are shitting on the sidewalk. i've never shat on a sidewalk in san francisco, but i have rushed into a starbucks and ordered some tea just to get a bathroom code. where the fuck are the people who do not have ?
i’m also a lifetime resident. still love it. <3
boudin was born in new york city to jewish parents.[6] his parents, kathy boudin and david gilbert, were weather underground members. when boudin was 14 months old, both were arrested and convicted of murder [7] for their role as getaway car drivers in the brink's robbery of 1981 in rockland county, new york.[6][8] his mother was sentenced to 20 years to life[9] and his father to 75 years to life for the felony murders of two police officers and a security guard.[10] the weather underground was a radical left wing militant organization first active in 1969, founded on the ann arbor campus of the university of michigan. chesa boudin was born to parents involved in a left wing paramilitary organization here in the u.s. and even after they were sentenced for murder he was adopted by other members of the left wing group weather underground. i mean chesa boudin is as left as they come in america.
the da is very open about being on the left. even acknowledges her policies are leftist and is about as left as they come as referenced by the other comment below
holy shit americans hate each other and are divided, but the real enemy is usa itself and it is bribed politicians ruining the country for their personal gain
it’s a fact. leftists are societal cancer.
the state of the city is a direct result of das policy being hands off on crime. she’s open about being on the left. not sure what your missing here
wait you are making too much sense bro
i’m sorry but the crime sprees , rampant homeless problem and relative lack of safety on sf streets are a direct result of a left da who is not tough on crime
i live here and have witnessed it first hand, i know it’s not what people may wanna hear, but it’s the reality. what other reason do you think sf is the way it is? it’s a direct result of the da who’s is very open about being on the left
from what i can tell a lot of self-described leftists and progressives are really champagne socialists. bleeding heart leftism tends to turn into centrist nimbyism as soon as the policies start affecting people in their own wallets and backyards.
killed in action after not being able to restock on his gadgets. wayne enterprises suffered big time from the global chip shortage and rising gas prices. particularly wayne tech, wayne aerospace, wayne airlines, wayne automotive, wayne aviation, wayne biotech, wayne construction, wayne electric, wayne electronics.
while the elites face literally none of these issues because they can just throw the money at it and hope it does not affect them.
it’s so fucked what’s happening to this world. feel utterly helpless and hopeless. breaks my heart.
the absolute garbage this ~~world~~ city and ones governed just like it has turned into. there are many places in the u.s. - and the world at large - where this is not happening rampantly. please do not gloss over the systemic problems that make this uniquely a major u.s. city problem. but i echo your sentiments regarding employee safety. but
kraken the exchange and jesse are representing the best out there imo.
>the absolute garbage this world has turned into. i can only think that people who say this has never paid attention in history class or turned a blind eye to the world their entire lives.
unless you live here i would take these dramatic statements with a grain of salt. working out of an office in sf right now and it is a beautiful day. i mean ya there are homeless but this is not some kind of apocalyptic nightmare
what? this dumbass ceo could have gotten in touch with grassroots organizations like 'urban alchemy' who literally have recently cleared out the entire tenderloin of addicts and dealers and now the streets are empty. they are kick ass people who came from the streets, and know how to deal with the issues and approach them like humans. literally, just like 4-5 urban alchemy guys can keep blocks safe because they have respect from the people on the street. when you have employees who feel harassed because they are wearing designer bags and walking into work with a starbucks in one hand, a macbook air in the other, and refuse to acknowledge anybody on the street and see them as 'vermin' you're gonna have issues.
it’s not “this world”, it’s the policies of a city that keeps electing far-left radicals to run their city. san francisco da chesa boudin was literally raised by terrorists. when his parents were jailed for murdering police officers, he was adopted by bill ayers, who has bombed the nypd, the us capitol building, and the pentagon. what do you expect?
this garbage is nothing new. people forget the world's been burning since the world's been turning. it's not like we just started the fire... except for climate change of course but that is besides the point
what happens to the employees after the shutdow? did they get fired?
seattle's a fucking joke. wasn't it last year where there was a shooting on 3rd and the suspect had 41 felonies? like, they just let people out. i'm all for rehabilitation but the system up here is not working.
no he wasnt. he stabbed someone right after assaulting the woman. do you have another incident like this youd like to share? perhaps i have them mixed up. >alexander jay, 40, was charged with second-degree assault stemming from march 2 attack targeting kim hayes, a 62-year-old nurse, in seattle > >police say jay was caught on video repeatedly throwing victim down the stairs and kicking her nurse suffered a broken clavicle and three broken ribs, which required her to undergo surgery > >jay is also being investigated for a stabbing that took place shortly after assault on nurse [
well you have to understand that it is a lot of work for the da they signed up for a cushy desk job that would involve doing nothing not actually working
i live in seattle too and this is not entirely true. you are exaggerating a little to make the story worse. that guy beat up that women and then got away from police, he was not arrested yet, and while fleeing stabbed another women a couple blocks away. they did not do a book and release on someone who just committed two first degree assaults, sorry would not happen. the only way he would get out at that point is pay bail. but he did both assaults before ever going to jail. so stop making it look like our jails and police are not doing anything. they are doing a great job for as small as seattle police department is after budget cuts and cutting jobs and also the ones they wouldn’t get vaccinated are also not working. so for being under staffed i think they add doing great. everyone please do not listen to all of that story^^. you can look up the facts
this is what happens when the wealth inequality is the worst it’s been in 50 years. both republicans and democrats are full of shit. income taxes is bullshit. and we need to implement a ubi asap. people work 80 hours a week and can’t buy a fucking house. the credit system is a scam, the drug war fills our prisons and we the tax payers right the check and don’t even get me started on the military industrial complex. meanwhile we got a fucking nursing home running the country and their all insider trading daily, what a fucking shit show. there is class warfare going on and rather than get to root of the problem people want to complain about how their city isn’t safe anymore that’s why i live in fucking ecuador
kinda weird you haven’t edited your story despite being called out and provided with facts that proved you were pushing a false narrative.
please stop with the thishonest sensationalizing.
i do not live there anymore, but did about 10 years and go back to visit once in a while. it's a beautiful city with a ton of history, entertainment, and culture, but also a huge homeless population that causes a lot of problems. from what i've seen i do not think it is gotten any better or worse in the last 10 years, but my perspective is limited to occasional visits. personally i feel safe in the city as long as i stay out of certain neighborhoods, but i'm also a 6'2" 250lb dude so i do not get fucked with. i had a blast living there as a single young man, but i definitely wouldn't move back there now with my wife and kids... not that we could afford it even if we wanted to lol. but it is great to visit for a weekend!
i live in sf, its a beautiful city with a small area down town with high crime, just like nearly every city.
i live in san francisco and there is a select, shitty area of the city called the tenderloin which spills into the business thistrict. it’s unfortunate that corporations are affected in this fashion. however, the rest of the city is quite beautiful with the victorian architecture, rolling hills and fog, beaches, bridges, parks and awesome year round weather. i do compel you to take a visit. you’ll likely love it. conservatives love to slam this city and the kraken ceo is if i’m not mistaken pushing his similar agenda. compared to the national average, california is pretty damn safe.
pretty much everyone who complains about san francisco or california are not in san francisco or california, but they just see lots about it on fox news. i worked downtown on market street for years until very recently and it is true certain areas are shitty, the city also got some of the most beautiful and wealthy areas of the country. bunch of snowflakes cannot handle seeing the consequences of unfettered capitalism and societal dysfunction... maybe if we all united in blaming it on mexicans... look at the comments of everyone triggered by this, none of them live in sf and yet are acutely aware of its problems and their causes, it’s just a political hot button for conservatives because the media told them so.
been here good while, thanks. sitting here now. there was an issue with other states shipping them in on buses and just dropping them off. it's not amazing to be homeless when the average temperature in an alley is 40 f. "great weather" have you ever been to sf?!?! ever?!?! tell me you've never been homeless without telling me you've never been homeless.
yeah, they used to have those. they were called mental health institutions. but those are inhumane now... it's much better for them to be "free" and wandering the streets.
man, for some reason i really love the idea of open air drug markets. they should tax it and regulate the purity of the drugs, that would actually have more benefit than what they do now.
there are literally no studies that prove this - last la homeless count found [something like 87%]( of the folks had been last housed in ca and had been living in the state on average 1+ years - 75% had been in ca 5-10+ years. [politifact]( has a great article on it. the bay area's stats are [pretty much in line]( with la (\~75% of folks have lived here 1+ years & \~69% 5+y) - the only thing you're finding is that homeless \*within\* ca are ending up in counties like santa clara at a thisproportionately higher rate due to the level of service provided. that's an old argument for people who want a straw man to thistract from the incredible amount of damage prop 13 has done to the state.
this right here! when i lived in las vegas they would arrest homeless people for jaywalking or loitering, made a concerted effort to close multiple homeless centers, and started buying one way bus tickets to cities in california. it was all to "revitalize" the downtown area when they were putting in the downtown experience light set-up. i know las vegas was not the only place to have such policies, but it was one i witnessed happening.
only 13% of california's homeless population is from out of state.
exactly. if you are homeless would you want to live in cleveland or san diego? phoenix or even oakland? the weather is just too good in coastal parts of ca. so all these other states bus them here or even fly them to hi.
ohhhh, that’s nasty. i got backed up after a surgery last year. i’ll never touch those again.
don’t buy any it’s all fentanyl
i suppose you're kidding but in any case, be careful with black market pills these days. cartels are making them using fentanyl and pill presses so they look legit but can easily cause you to od.
spoiler: it was fent
that's actually appalling. we know politicians are generally useless but that is absolutely horrific.
that's true, what's also true is california pays way more in taxes than it receives back to be able to take care of these problems. meanwhile in bumfuck wyoming the roads are pristine in a 1 cow town.
uhh it would be nearly a dozen times bigger than russia. russia’s gdp is only like 250 billion, and california is nearly 3 trillion.
reminds me of that south park episode where they portrayed the homeless like zombies, had cartman on top of a bus singing "california love" as all the zombies followed him to california. i thought it was just a joke.
you may want to give that story another read lol. the story you linked is all about how san francisco pays to boss homeless people to other states.
yup and the bay area is pretty much the most ideal climate to live, dry and mid 70's for most of the year and in winter it drops a little bit and has more rain but not much. san francisco is on the colder side of that for the area but for begging it is probably worth the cold nights.
there is nothing in that article that backs that up there is an entire section that says “most homeless transported to lower income area” there is an entire section that details how sf would have double the homeless population if they were the ones who werent bussing people out nyc started the first program in the 80s and half the people bussed out have been from nyc san fran has deported 10,000 residents
the article linked does not support your argument and i'm not sure why people are acting like it does? >over the last 12 years, san francisco’s homeless population has grown from around 6,200 to just over 7,600, according to the city's counts. during that period, a small number of people in other cities have been given free tickets to relocate to san francisco. a far larger number – more than 10,500 homeless people – have been moved out of san francisco on buses. the article does not just not support your claim, it actively contradicts it. edit: shortened comment
i'll take my taxes going to homeless drug users over the military industrial complex, corporate bailouts, and salaries of government officials who have done and will do nothing for me or anyone else but their campaign donors. with that said, government-ran sanitoriums were often responsible for horrific medical and human rights abuses, like willowbrook state school. "just make the government take care of them" definitely is not the end to the problem. i do not really see a good solution aside from building a society with families that have the time and means and empathy to take care of mentally ill people with some government assistance, but even then there will be realistically unmanageable cases that need to be institutionalized somewhere.
it is somehow a partisan issue. the only solution being pushed is making more free housing, but ignoring the problem of really hard drugs that cause mental illness and blunt their mind and spirit enough to live in a tent right next to a freeway onramp or on a street in the worst parts of sf. edit: i do not agree with most of our country's drug policies which are used as a means of controlling and incarcerating whoever is a target and do not think users should be criminalized. i also do not believe people want to take something to lose their minds and lose their lives for a long stretch of time (and be under control of a drug and their dealers). here's an article if you are interested in homeless in la:
>what would you have them do? how about starting *now* to make sure the next wave of potentially homeless people does not end up on the street?
you all keep throwing that "mentally ill" thing. is us just bananas or what? plenty of countries (rich ones and not so much) in europe have no issues with homeless whatsoever compared to california (or the country for that matter) so there is clearly something you can do
> what would you have them do? ideally, i'd have them stop electing oligarchs like nancy pelosi and support politicians who will raise wages and lower housing costs and enact rent control. mental illness is not responsible for the entirety of the homeless issue. also forbidding pre-employment and randomized drug testing, which removes people from their jobs or presents a barrier to obtaining a job, to punish them for their personal choices off the clock. do it like canada, where you can only be tested in response to a specific incident.
yeah all these people come in just shitting on homeless and lenient homeless policies with no way to fix it. every week a post is on front page of r. they want more of those?
these people are not homeless for lack of resources. san francisco spends a quarter of a million dollars a year per homeless people. they are homeless because they suffer from extreme mental health issues and they can’t exist anywhere else.
so basically, he half-assed the social reforms and did not follow through?
looks like the plan worked out flawlessly.
i agree that is the idea. although, it seems as though there are good people and there are bad people. why should the good people who make good choices be penalized for the bad people's bad choices? maybe it is not as black and white as it seems, but accountability, incentive, and consequences are what drive human behavior change. so if we mess with those levers, of course the results will change. hope someone can enlighten me. the midwest is very different from the coasts and the mentality surrounding vulnerable populations is also very drastically different (for better or worse depends on the eyes of the beholder).
also other states literally gave their homeless a bus ticket to california
to be fair, i've done my share of traveling... i've never seen a place as clean as norway. you guys are not first world, it is like a whole 'nother tier. *edit: maybe tied with switzerland.*
what about the lower east bay like hayward and fremont type area? cheaper living there and commuting to work than living over in fucking mountain view or sc, those types of places but idk what the crime or any of that is like. thanks for the advice.
that's because politicians do not really want to solve problems. they want to collect their donations from corporations while getting a healthy government paycheck and benefits. most of our politicians do not give a fuck about making the country better for everyday people. they only care about themselves.
he could not even spell his own name properly. let's not go crazy.
the city has been “ruined” repeatedly ever since the missionaries showed up and thisplaced the ohlone. then it was the (18)‘49ers, the robber barons, the bankers, the beatniks, the hippies, the techies, the progressives, and on and on. it’s a highly attractive confined 7x7mi square that will be continually reinvented in a way that “ruins” it for the people who were already there
rampant nimbyism is destroying the city. the absolute refusal to build any housing at scale means that what little housing supply is available goes to those who can pay the most. this drives the costs way up, screws over both the thisenfranchised who are being pushed out, and the regular people moving to the city just to find work that they like. i’ve been to the planning meetings where nimbys use all the processes they can to grind development to a halt. this is absolutely a supply and demand issue but greedy, shitheel nimbys refuse to change because the scarcity makes their property more valuable, and because prop13 locks in their tax rate when they bought, they’re not incentivized to want lower housing costs. and the tech workers get the blame, just for wanting to work within walking thistance of their homes. sucks.
lol, is not it hypocritical to make this statement on a sub which is in a market founded by a tech culture. a culture of move fast break things, that was inspired by the valley.
the local culture of shitting yourself on the street...?
so... its cool that the guy had shit thrown at him? the fuck?
~~tech employees~~ nimbyism and single family zoning ruined their city, made rent ridiculous and priced people out, without adding anything to the local culture ftfy
this seems like deflection to me, but okay.
it’s a lot more complicated then that
it's been getting worse and worse for at least the last 20 years. the msm does not talk about it, unless you've visited the city it is not surprising you have not heard about it.
ever consider that maybe tech is the only field that has kept up with inflation and everyone else is underpaid? seems to me the anger should be directed at people who manage the city, zoning regulations that prevent affordable housing from being built and executives that refuse to pay their employees more while increasing their own pay year after year.
you're being downvoted for this but its entirely true. now even the original techies are getting replaced by higher paying techies. its so bad that oakland even getting gentrified cause of it
like a virus. disgusting
they blame techies for making their neighborhoods over priced.
cries in corner, you destroyed my perfect image i had of the city, cuz i always wanted to move to sf since i was a kid.
humanity has always been shitty. we just have new methods of being shitty.
pretty much this. used to work in the bay area and now seattle. we’re watching the same train wreck happen over again. it’s all about income inequality. and it definitely is related to the swarm of tech jobs pricing everyone out, even though i work in it.
not only are they accepting, but they will pay you to live on the street
sf is a city. every major city i've ever visited has beautiful spaces, cool sights, a diverse selection of food, and also rough areas, drug problems, homelessness, a variety of crazy people. that goes for london, frankfurt, nyc, orlando, seattle, minnapolis. paul, san francisco, etc. it takes all kinds of people to make a city.
it's all a grift on the average. red is right blue is left in reality there is no left in power just r and centrist. their boogeyman is poors and antifa.
california in general and san francisco in particular are fairly liberal, so anytime there is any comment that is negative about it, conservatives love to dogpile on it and talk about how terrible it is there.
yeah; blue is the democrat party color and red is the republican party color.
red = repooplicans = demoncrats
'california is where crime is legal and owning a business is evil, but the alternative is not a republican' is peak centrist motte and bailey bullshit my friend. either you're too dumb to realize it or you're just sneaky
ah yes, i see that i've found the victim complex mentality that is incredibly pervasive in people that think they are centrists but call any slightly leaning figure 'communist'.
why do not they do well for themselves in a state that does not demonize them?
visiting the us is amazing, there are incredible things to see and experience as a tourist. i would never live there though lol
shh dont thisrupt the angry narrative that ca is in a death spiral. you'll upset the chuds
what's wrong with going to texas to avoid being overtaxed in a shithole like california? those taxes just perpetuate the problem and pay for sf to be an even bigger shithole.
in my insular world magats are devotees of trump and the destruction of democracy so it is just a mod on that word. sorry, i did not realize where i was posting. carry on!
let’s play that out - what has biden done that has affected crime in sf? and what should he have done?
yup. it needs public bathrooms but then public bathrooms become ripe for drug use and then become dangerous to facilities people who have to clean and work on them. so eventually people have to go somewhere and the only place is the street
it's okay though, [they have spent 19 million on an open air drug market]( that is sent exactly 18 of it is 23,000 visitors to rehab.
having talked to many homeless in sf that said they chose to live that way, i do not find it all that sad. i find it irritating.
"...due to the sadly *nonexistent public restrooms*..."
seen that in tokyo too . its pretty normal in big cities haha
it's worse, he was front passenger with 3 or 4 other people with him.
and i’m getting downvoted by these fools lmao. they believe whatever dumbass but pull out a crime statistic and it’s not as believable i guess?
you must not go out often or live in the better parts. you most definitely will get robbed in the worse parts of the bay area. shit my car was broken into in livermore of all places, and that is considered one of the safer parts. and i did not live there nearly as long. i got the fuck out because it truly is just an expensive shit hole. wanna know why it is so expensive? because if you got money, you can pay to escape it while still enjoying the good weather and rest of bay life.
no shot they’re getting paid that
yeah, i really think that if done right bringing back mental institutes where the people could go to get the help they actually need would be very beneficial
i know what the answer could be, and people will flip when i say it: forced rehab where the person cannot leave until detoxed or getting their meds right. there is no other answer. i know it cannot be done, but man, so many of these people have mental health issues and need assistance either by counseling in person or medicine. keeping them in a facility that they could get the help they sorely need until they are well, is the answer. it would never happen, because everyone has their rights, i get it. but, just for those that cannot help themselves, it would probably do them more good than bad. i struggle with this very question all the time, with the homeless all around my job. many of these social programs, like the needle exchanges and the like, just do not seem to be correcting the issue, instead they seen to, at the very best, mitigate the problem and not actually address it.
tf is this response? no one on reddit is going to have a solution to this massive fucking problem. fact of the matter is your local government is fine with their city literally becoming a shit hole on every corner. then people like you like to chirp off about "what's your solution?!" i do not know, but if my home city we're being shit all over i'd be pissed as hell and demanding answers by the failed government or at least voting someone else in. instead it is the same literal shit over and over.
i’m so confused. who is going around and recording these thousands of poops?
i know this probably gets said a lot in sf but... # holy shit!
when i clicked the link, i was like: "oh yeah what's the big deal, it is only a few poop icons here and there, it is not so bad". but then i was like "hmm... let us zoom in on one of those". oh my god, jesus fucking christ! oh my god! poops! poops everywhere! what the actual fuck?!
wow that is a lot !
is this cumulative or like just the last few hours...? that kinda matters i zoomed in and it is just like thousands of marks everywhere which does not make sense... did everyone take a crap all at once or what... even just rain should clean it up a little bit? regardless, holy poop it is medieval times
[actual recording of people walking around san francisco.](
oh my god it gets worse as you scroll in
literally jaw dropping. no way everyone of those spots are real. what is even going on there to make this a thing?
i was not expecting that many when i zoomed in on the poop emoji.
everyone likes to make up dramatic collapse scenarios but you really don’t have to look further than south america to see where our future is.
sf resident here. that's the fault of voters themselves. they do not want me homes to be built, and the rising housing prices actually helps the ones who own property. as smart as many of us are over here in terms of our careers, we're kind of stupid in regards to politics and public policy.
>you can increase purchasing power by increasing wages in what way? pricing unskilled labor out of the market is a good way to watch purchasing power hit 0.
yes it does. i’m liberal as hell but i grew up in old nyc. i won’t defend it as perfect policy but it works.
please provide source. as far as i've seen, removing consequences leads people to start doing whatever they want. sheriffs and police weren't jobs invents out of some need for bullies to have an outlet for their skillset, it was because people needed an organized ability to enforce agreed upon rules, you know laws. if you're actually willing to stand behind your statement then you are implying there is absolutely no difference in a city having zero police officers versus several thousand, which is a fascinatingly inaccurate thing to believe.
ur an idiot if you believe that
it's okay, let these people continue to think sf is a shithole so they stay away. don't need 'em.
right wing talking point...in crypto community? no way man.
suburbanites have no context for how big cities are. if one crime happens in a suburb, it’s the talk of the town for the next month. so they hear about 3 shootings in one night in the city and think hell froze over. there’s like 30x as many of us in the city ma, of course our absolute numbers are higher than your suburb!
>it’s telling that the loudest people screaming about the failure of sf don’t even live anywhere close to the bay area. most of them live in states with even worse governments but they are not going to tell you that because it will ruin that sweet circlejerk making fun of california. even though california is one of the few states that basically help prop up their shit poor and uneducated states.
you mean to tell me that sociological problems are complex and can’t be explained by a simple reductionistic answer?
yo do not waste your energy on these animals
wouldn't ca also have a lot of homeless because it is the most populated state?
i lived in both, and if you think red state are worst, good. stay there. i love texas just like how elon musk love it too.
“homeless numbers are fake, only right wing morons believe them.” ‘no they’re not.’ “oh i know, but come on, they’re reasonable for the conditions.” do you even listen to yourself? you can’t both argue that they’re a) fake and b) true but understandable.
homeless, and illegal because it’s on the border. billionaires, and the people that creat leaving. elon musk for example.
so you've been to san francisco then? seen the glorious, clean and safe streets with your own eyes have you?
are you saying successful people are all conservative? crypto people are all conservative? neither of those are remotely true in my experience. have you ever been to san francisco and walked down market street? do you think he is lying about his employees being robbed?
which is way nicer than civic center and they still had employees getting robbed frequently enough to cause them to move. still hilarious to me that you think a business moving out of a crime ridden area is some underhanded way to try dunk on the libs instead of the obvious and well known fact that even the "nicer" parts of sf have serious issues with street crime.
glad you consider human shit and open drug use to be nice- to each their own, i guess.
what about the system that creates the conditions the da is responding to?
that’s funny because i say the the same thing abo it conservatives
probably not the result of a single thistrict attorney.
except this is an example of some things affecting one of the elite? i agree you for the most part, but some of the problems are starting to come out in the open in downtown areas and affecting big business. i would bet the more that happens, the closer some changes will be.
are you saying the ceo of kraken is not one of the elites?
there are similar problems and news reports in nyc. i’m frustrated about how we get very little explanations on what the actual services are for homeless people. some have been interviewed and very understandably said they don’t like shelters because there is no privacy and feeling of safety. like no private room with a door they can lock. so how hard is it to make some small simple rooms like that??? and mayor adams says they will ‘remove’ homeless people from the streets and subways, but give no explanations of where to and then what exactly??
until recently crime had been declining all over the country for 30 years, so basically we hit record lows. and while the big cities get all the press, their crime rates are typically lower than other parts of the country. murder rates in trump voting states were 40% higher than biden voting states for instance. jacksonville , tulsa and okc have higher murder rates than nyc and la. even in ca, the murder rates in bakersfield and fresno (republican mayors) is twice that of sf or la. what we have is a growing wealth gap and a near decimation of the middle class that will continue to cause homeless problems until it is treated like an economic problem rather than a criminal one.
maybe i’m misunderstanding what you’re saying, but as someone who has spent time in south america this is absolutely not a problem unique to us cities
yeah, that was my first thought too - that shit does not happen here.
i was robbed at gunpoint literally within seconds of stepping foot in sf the last time i went. "apocalyptic nightmare" is an understatement. the leadership failed that city a long time abo but since covid it has fallen even further.
do not you dare try to oppose the right wingers when they are trying to blame democrats for literally any problem
i once lived and worked in sf. had an office not far from where kraken is. our office was burglarized twice in six months before we shut it down. my car was broken into three times in the same time period. i witnessed my neighbor’s homes get broken into (called the cops but they don’t do anything). what’s happening in san francisco is not normal by any means, it’s as bad or worse than many third world countries.
these dudes eat up conservative media, just like kraken ceo, you can’t convince them sf is a great city. more for us.
there’s a 2019 nbc article about chesa boudin. he sounds like a authentic person who has had that lived experience. if they are making the thistinction to release non-violent people, then i think it needs to be another system rather than the prison system, to help. "my earliest memory is visiting them in prison, but i did not see the trial or anything like that," boudin said in an interview last week. "my mother negotiated a plea deal, and my father went to trial. i think one thing we notice in their case that kind of stands out is how, in some ways, arbitrary the outcomes in the criminal justice system can be. and they did basically the same thing, identical thing." he added: "certainly, one lesson i learned is how ... punitive it can be when your dad, arguably, was given an extra 55 years' minimum sentence than your mother. it also obviously highlights the value of a good lawyer.” [source - nbc 2019](
starting to think ras al ghul had a real point about society tolerating criminals.
except they would arrest batman specifically
there's no rehab happening in our prison system, just warehousing.
did you know that the us is the worlds leading incarcerator of its own citizens? do you truly think we are attempting rehabilitation in any kind of way?
thank you for correcting the narrative. false information and narratives really get out of control quickly.
ecuador is by every measure more unsafe than the us lol. you’re also over 4 times more likely to get robbed there.
i do not know all the stats but i've been to both ecuador and san francisco. got robbed in san francisco and had to throw some punches to fight off two thugs, but had no issues in ecuador
no action required. do not gather in large groups. share opinions from the handheld picture boxes only. compliance is expected. "this message brought to you in part by sponsors of crime. a sister company of american oligarchs, llc & us government, llc. your programming will continue shortly. thanks for your patience."
the real war is not between right and left or black and white. the real war is the top 1% against 99%.
i appear when people start talking about how the system is shit
how are you implementing ubi without income taxes? money doesn’t grow on trees.
this is the comment i was looking for. housing prices everywhere are insane but san francisco is in an elite class of crazy. the call for harsher treatment of the homeless... what is the theory on how that will help?
how is it in ecuador? was it difficult moving there?
when you've got class warfare, people are too thistracted to focus on you robbing them blind.
i grew up here. the homelessness, but violence is way down. it’s so much safer than it used to be. that being said the da needs to go, and there are still a ton of problems that will likely never be addressed in my lifetime. nobody has solutions for homeless except complaining that they’re too lazy or on drugs. ‘cleaning’ up homeless encampments means just taking their shit and forcing them to other neighborhoods temporarily. i’d love to see one city in this country that has addressed this problem outside of just physically removing them and making them someone else’s problem.
it is more of a drug problem than a homeless problem. homelessness is the symptom of the drug abuse for the majority of the people that we traditionally think of as homeless. obviously there are many exceptions.
>they see a drug user... call the police... you mean they get their car broken into, then call the police. lol
> our city has a homeless and drug problem because the city fights it by arresting people and sending them to jail instead of rehab. i'd like to add on "housing scalpers have driven rents so high that people are bailing to london and nyc for a break in the rent and heaps of locals just live outside now"
interesting. i am not from sf but would like to know more (if you, or anyone else would like to comment) 1) why do they find the need to shut down bathrooms at sunset? 2) why do you think only the rich is mad? is this not a problem for lower ? (e.g. my kid getting harassed by drug dealers) 3) the ceo-dude mentioned robberies and murders. this would be much more concerning than 'seeing a drug-dealer'. how rampant are the violent crimes? 4) any plans to move out of sf? i have heard many tech talent have moved out of the city since work-from-home has become the norm. thanks and g'luck.
san fran doesn’t have a homeless and drug problem because people get arrested and sent to jail. what kind of backwards thought process is this. homeless barely get arrested anyhow, let alone sent to jail.
> our city has a homeless and drug problem because the city fights it by arresting people and sending them to jail instead of rehab. your ultra-liberal policies enable drug addicts to live on your streets without any regard for the community. homelessness is a problem throughout the world, but sf is unique precisely because *you do not* enforce the law like other communities. it has become the mecca of the homeless world - no one else has it as bad as you.
unmanaged high crime is the issue. try walking by twitters hq even during the daytime...
i wouldn’t say “nearly every city”.
the whole city is small, but it is not just a small down town area with crime. almost anything south of market, in the financial thistrict, tenderloin(obviously), union square, etc, etc. the amount of crime in the city is insane. yes every city has some crime, but not every city let us almost all of their criminals right back out on the streets the same day. car break ins are ubiquitous across the whole city. it's honestly super depressing compared to how great the city used to be. human poo and open air drug markets should not be normal. i cannot count the number of times i've been walking in the city and had people yelling their menu of drugs for sale at people walking by.
the last time i came for a conference, my walk from the hotel to conference center was past homeless people shitting on the sidewalk and openly doing drugs. i've been to other conferences, sure there is bad areas but no other cities (besides maybe la) allows homeless to take over the premier areas of the city for tourism. this was 2018 for the rsa conference. my boss kept trying to send us but we refused. i'll never goto sf again. i do not care if you think the city is great, i am going to judge it on my visit to a major tourism area. i've been to other cities for conferences and never seen anything like it. please realize other cities.
no sf is a dump and crime ridden. not like every other city and not as bad as chicago, yet.
and probably such area is near a high traffic area, so it gets a lot of attention?
cops should have the resources and direction to prioritize keeping that area safe then
it is a beautiful place if you're privileged enough to not have to deal with its seedy underbelly. same story everywhere.
cmon, shutting down the global headquarters of your business seems like a very expensive way to push an "agenda". maybe they did it out of real fear and concern for their employees?
i'm not a conservative (quite the opposite - i teach in a very liberal university), and i agree, sf is pretty hard to live in. the people saying that it is not that bad either a. grew up here and have no frame of reference, or b. are experiencing stockholm syndrome. this place is wild, and not necessarily in a good way.
travelled to >50 cities in 1st and 2nd world and never experienced crime like in sf.
> the kraken ceo is if i’m not mistaken pushing his similar agenda. finding reasons to push your own agenda... typical liberal. no brain. only us vs them emotions.
100% agreed, but you will be downvoted regardless of the reality.
> shitty area of the city called the tenderloin which spills into the business thistrict. it’s unfortunate that corporations are affected in this fashion. conservatives love to slam this city
uh... ceo of kraken is from san francisco... and is complaining about it.
this is the truth.
right…. and i bet this ceo and the employees are just making it up…
i am no longer in san francisco but lived for over 25 years in daly city, my wife worked on market street for over 10 years (pretty close to embarcadero). yes it is bad - we left the city and state because how bad it got in last few years. i work with car insurance and thefts and break ins are at least half of the claims there. it is nuts
that’s not true. the people of california complain about it all the time. my uncle lives there and says it’s thisgusting, and he refuses to go into the city for any reason.
as a californian: this simply is not true. this place fucking sucks regardless of what city you're in. and i complain about it plenty.
my sister lives in oakland and she is moving soon because of the rampant crime. a year ago, her neighbors house had squatters after the renters moved out. she called the police but nobody ever came. last week a different neighbor had someone break in and murder someone. this shit is crazy to me. if you live there and do not experience rampant crime, you may just be lucky.
but we're not talking about fox news viewers or the views of people that do not live in san francisco. we're literally talking about a major crypto related company shutting down its global hq in san francisco because local san francisco employees have been attacked along with visiting business partners. sf has its nice areas but is now, without a doubt, a festering shithole. it's the product of literally the worst kind of democrat. hope they can clear that up one day but it has been getting worse and worse for quite some time now. radical change in leadership is required.
no i’ll blame democratic officials. thanks
do you think the weather in sf isn’t great? never too hot or cold. very few places in the country almost never get below freezing and never get above 90 degrees. san francisco is an amazing place to be homeless. even if you weirdly think the weather isn’t amazing, the fact that drug dealing and petty crime are never prosecuted is the bigger things. the vast majority of homeless are in that situation due to addiction or mental illness. sf is an amazing place to be a drug addict. also, you clearly don’t live in sf if you think the homeless people are sleeping in alleys and not on side walks. and of course i’ve never been homeless. just like 99.9% of the population. what a weird thing to brag about. edit: couldn’t comment for some reason so have to do this as an edit. smugly claiming “everything you’ve said is wrong” when literally the only thing you corrected was 99.8% instead of 99.9% is hilarious. you totally got me dude, i was off by 0.01%. enjoy living in your fantasy world.
i mean 25% of homeless population coming from other states is pretty significant… especially for a state as far away from other population centers as california is. that would be like 1 in 4 homeless people on the east coast coming from west of the mississippi
that sounds like of huge. a 13% increase to demand because states do not want to address their own problems and instead ship it to another state.
our roads suck i assure you that money went up our senators !
doesn't california have a massive budget surplus?
they have 5th richest economy man. taxes are definitely not the problem and they could solve their issues if they fucking wanted to. instead a few rich corrupted fucks get what they want and do not care about others
correct. california subsidizes most red states. i also don’t think you’ve lived in wyoming as the roads are not pristine, the highways paid with federal tax dollars are though.
>what's also true is california pays way more in taxes than it receives back to be able to take care of these problems. uh, i do not think it is a lack of funds that is causing the homeless. also, i agree that we should be cutting taxes instead of raising them, but that is an unpopular opinion in places like california.
yep california helps keep a float many of the "red" states that drain more federal dollars than they give back. like kentucky for instance
uh, kinda hard to survive the winter as a homeless person in wyoming
yeah it is mind-blowing. la country alone has a gdp over 1 trillion, if it were a country it would be 18th in the world for gdp.
dude shit is 10x worse than when they made that lmfao source live in east states and homeless is rising because of systemic and societal decay
californ-ya-ya, super cool to the homeless!
so what you’re saying is we need to lower the climate so california gets freezing winters?
the old sanatoriums existed in a time before webcams and easy mass communication. imo they are worth trying again, and a hell of a lot better than constantly releasing repeat violent offenders on a pinky promise.
everything is a partisan issue because that is how the two parties collaborate to maintain the status quo.
can you be more specific? what exactly are you proposing? whatever it is, the government is likely already spending billions and billions of dollars on it. so you have to come up with something new or else you are not actually proposing anything.
no issues whatsoever? that has not been my impression of europe. london, paris, barcelona, rome - all have lots of street people everywhere. you're probably referring to areas outside of big cities? well, that is how it works in america too. this is a big city thing. people making generalizations about california here obviously have not seen much of the state. san francisco is a few square miles of a state that is bigger than france and germany combined.
> stop electing oligarchs like nancy pelosi they like those politicians. solutions that ask people to stop having their values and beliefs just are not going to work. you can convince them to try different things to help the homeless. you cannot convince them that they suck at electing politicians. they do not agree with you that their views are bad. > raise wages sf probably has the highest average wages in the country. though i imagine you are referring to entry-level type jobs, not software engineers. > lower housing costs that means building more housing and that is just as unlikely to happen as cracking down on the homeless. they like sf the way it is, mostly flat. the entire silicon valley industrial complex has been screaming for more housing for decades and they keep getting told to go pound sand. > pre-employment and randomized drug testing sf is extremely liberal on drugs, i doubt this is much of a problem.
sounds more like his plan's linchpin is social reforms he has no control over. he is the da, he has no say over other aspects of city funding (like drug rehab programs, employ placement programs, etc).
i mean, everything you just said is what i'd consider basic, common sense. however, that seems a bit out of reach for people in positions of power in cali.
if you’ve ever taken an amtrak, it’s got tons of homeless moving all along the south. people can’t afford to live anywhere. jobs the homeless could get won’t pay for anything without going into debt. those people can’t get credit cards or anything very easily. america itself is creating this problem yet ppl keep pointing at states as the issue. it’s simply much much easier to live on the streets on the west coast and that’s why homeless flock to it. if the us doesn’t do something about it’s thisgraceful wealth inequality then this problem will only get worse. at least democrats understand you can’t arrest and jail your way to the problem. they’ll try tho because republicans have figured out how to get rich off having tax payers pay them to operate private slave labor camps. it’s a really bad situation.
hmm i havnt been that way much but on the other side of the bay you have san mateo, redwood city, palo alto. i have friends in redwood and it feels like a different country, just one of those pockets of normalcy in a sea of filth.
for reals, the person you replied has a terrible (and most likely bitter) take. the entire bay area (surrounding silicon valley) is expensive af, but i guess it’s easier to blame techies in sf.
are they wrong? a big part of crypto in particular is being able to hide from the local culture.
what do you think are some contributing factors to a population-wide degradation of mental health?
did you think san fransisco did not exist before 2002?
exactly lol. also username checks out.
no, the point is to understand why people in the city are pissed
where did i say that?? you always just make up sentences for other people during conversations?
ah yes you get your information from anecdotal internet stories and poop maps, please teach us how the city is falling apart
generalizing is fine when it’s accurate.
class warfare dude, jocks get pissed when nerds beat them at life.
lmao i heard oakland has been getting nicer because of this... people that aren’t from california wouldn’t understand how drastic things have changed in such a short period lol i went to san francisco about 4 years ago and even then it was fucked up, i want to go soon again but don’t wanna risk my car getting broken into lol... might just go to eureka and avoid that part of the bay all together
same thing is thing is happening in denver, as well. a lot of talk of it being an up and coming tech hub, and we’ve had bay area companies (like palentir) relocate here. we aren’t on seattle’s level yet, but it’s changing rapidly.
what a idiotic thing to say. you are part of the problem.
yeah people really need to stop conflating democrats as the left. they're not. they're diet coke republicans that pass symbolic legislation that have absolutely no effect changing real systemic thisparity between the rich and poor. if california and the states really wanted to address these issues they could start by providing socialized or heavily subsidized healthcare, education, mental health resources, etc. these policies have proven to combat and diminish poverty objectively. democrats are still proponents of neo liberal policies but get angry that you call someone black and not person of colour - total lip service. passing a bill that you can steal up to 'm misinformed.
this is dumb ass take. ignore this comment.
alright, got it. thanks a lot! :)
lmao if you don’t think the left is in power in california. delusional.
this is dumb take. ignore this comment.
newsom is not left? yeah, for sure.
you're an absolute drongo!
got it, thanks. in my country we use the opposite so i was a little confused
ohhh the color of the maga hat!
you accused me of being right wing earlier, and now i'm a centrist. be consistent at least.
who did i call a communist?
that's why a lot of them are leaving
i’ve been all over the world and honestly couldn’t imagine living anywhere else. most cities are nothing like california, it actually feels like im in a different country in california.
i've been around the sun a few times, based on my conversations volunteering at a homeless shelter, most homeless are homeless for a reason. it's less about down on their luck and more about, they much prefer ripping booze and drugs in the street and living without consequence
i'm in a city of like 120k and we have sidewalk poopers everywhere shit. three days ago i saw a popcorn bucket full of piss right in front of a chiropractors sign haha
those "institutes" did not help anyone. they were hellish pits where the mentally ill were tucked away out of sight to be abused, often without due process
yep, i completely agree. leaving those people on the streets is doing more harm to themselves and others than not
(please imagine the kanye meme) pressuring your representatives to form a committee or hire people to figure out a solution to the homelessness crisis - no "what's your solution then" - yes like idk man i weld steel tf do i know about public health programs and getting them started.
app users are reporting it. they provide gps coordinates via the app and a picture.
remember the vaccine you took? it has microchip that sits on your anus. if you shit outside in sf, the data is sent to this website.
no sir, you are thinking of vatican city.
data is from over the course of a year 2019 - 2020. it is not actively updated
yeah i don’t know what i was expecting, but my wildest imagination wouldn’t have pictured it being that bad.
i wonder if anyone ever removed data points. i was just in sf. it's bad but i mean it is no where near the level which that map shows. i wonder if this is just compiled history over a year and no one clears data points. edit: i found it! "san francisco. poop map, reports from 07" so it is the reports over the course of a year from 2019 to 2020. it is not actively updated. still really really bad for 1 years time, but that is not the active level of sh\*t on the ground today
last time i walked through sf was like 4-5 years ago, pre-pandemic and it was nasty. literally human shit everywhere. scary place.
over the course of a year "san francisco. poop map, reports from 07"
"san francisco. poop map, reports from 07" its over the course of a year. it's still not great, but that map is not actively updated.
"i got mine, now fuck off"
wow, that was a reach.
> crime is caused by people who do not think crime is wrong. it's pretty simple. we got an actual sociologist out here . > you can debate what society should consider to be a crime, and that is essentially what sf is doing. so in your world correlations debating what a crime is will bring you to sf? under the premise of not arguing what a crime is we would still have people hands being cut if they stole bread and woman burned if they as much as said something sounding heretic. i’m not even arguing the initial purchasing power correlation your own argument is not just wrong, it’s medieval.
there was a significant drop in violent crime in 2020 following the onset of the pandemic and although it has rebounded it’s still lower than pre-pandemic levels. has nothing to do with “race riots” or “cultural revolution”. i agree that it is regressive to leave these people out on the streets to suffer the worst indignities only to be hated for it. maybe a city as rich as sf can cobble together the means to help them out? mental illness and addiction are not moral failings, they are systemic outcomes and imprisoning these people will only make matters worse. even setting aside basic human concern, the cost of policing and imprisoning people is numerically greater than the cost of simply housing the unhoused.
i see what you’re getting at. for sure. let’s just gas them all, amiright? they’re poor who gives a shit.
it’s not a theory that there is an organized crime group pulling a lot of these shop lifting heists. moreover looking at texas shoplifting laws, their felony begin at , much higher limit than sf. the police is also partly to blame [texas](
the police was originally created to catch run away slaves. take that what you want
did you just call me "ma" ?
and with better climate to live in streets than other states. won't melt in summer, would not froze in winter.
ah yes elon who is moving to the famously red... austin tx?
to help resolve your confusion, consider that i never said the numbers were fake, that was just a strawman by the user above
billionaires leave because they can go to red states and have 0 income tax. it’s only about money.
you realize that california isn’t the only border state right? oh nooo, elon left california! it’s doomed! it’s only grown by 6% and the 5th largest economy in the world! facebook, apple, intel, google and so many more are all in california. why? tesla can barely manufacture enough cars to stay afloat lol, ofc they move to texas, they’ve been cash strapped for years and need virtually 0% taxes to stay afloat
yes. it looks like any other big city. most areas are fine and even beautiful. market's a little wild maybe. there's a reason you cannot afford to live there.
no, he is saying jesse powell is specifically right-wing. it's pretty obvious. just scroll his twitter feed or read anything about him, the person.
yeah i’ve literally only seen human shit in a few select sf neighborhoods but nowhere else in the bay including oakland. open drug use doesn’t super bother me, it’s sad and depressing to see people shooting heroin, but ca provides some of the best support it in country for addicts and homeless. these people exist in every city, they’re just not hiding in ca and i’m ok with that.
yeah but you’re a leftist therefore who gives a shit what you think
eh, "elites" are not "employees" elites have private security and rarely have to go into the office.
by "elites" he means politicians.
there are plenty of people more elite then him. that made sf what it is today.
homeless people is a fairly complex topic; i remember reading an article about them vandalizing and destroying shelters, on top of drugs being major issues. we can do more for them, but it’s not simple like adding doors and locks. unfortunately
hiding from view those living on the streets - many of whom are battling addiction and assorted other pathologies - is certainly not a sustainable or humane response, i agree. it is becoming evident other actions currently in vogue are limited in their effectiveness as well. no easy answers
nice cherry picking. the cities with the highest murder rates in the country are st.louis, democratic mayor. baltimore, democratic mayor. new orleans, democratic mayor, detroit, democratic mayor. cleveland, democratic mayor. i stopped there because i'm sure you get the picture. i agree that there is a wealth gap issue but the problem is not republicans. it's both parties. all government parties wants bigger government. giving them more money from anyone is not the answer. it always falls on the middle class's shoulders. we need as small a government as possible to keep the country safe and no monopolies. that's it.
jacksonville went for biden, despite the rest of arkansas-florida.
good response. i recognize some medium-sized cities also have significant violent crime problems. so, do law-abiding citizens of any of those places sit on their hands, or what?
i spoke too broadly, and i admit you are correct. so, i will instead say this is a problem that is not common in most places in the u.s., and also in many parts of the world at large. i just wanted to add some perspective to what the post i quoted was declaring - that the world is garbage. that doesn’t mean there aren’t violent crime issues in my corner of the world. but nothing as visible and persistent as this. also, i am not trying to call out the poster of this. i assume it was written out of frustration.
hey if that happened i'm sorry to hear it but generally speaking property crime and drug use are the real problems in sf. violent crime while terrible is much rarer. i'm also not sure that an anecdote will really give you a full picture. what did you do after this incident? did you stay? how did the rest of the trip go?
you were probably being a drunk idiot
they had a good instructor. wasn’t the ugandan giant a da in the bay area.
i do not get it. if you do not believe me, i'd like to ask why exactly?
also don’t try and blame liberal leadership for anything, even if it’s their fault, because simps like you will show up and say anything cause you don’t want your dumb ass team to lose. dems can do jo wrong, and if you thisagree with one you must be a crazy right winger.
you can have it lol
well, they would _try_, as indeed they did try in gotham too.
seattle: we caught suspected white supremacist bat man infringing on the rights of temporily thisplaced and thisadvantaged chemically adapted persons.
and sometimes people do not get rehabbed. they stay locked up. someone who's willing to immediately commit a crime after release should not be released again
wasn't trying to sound naive, just short with words. we absolutely do not do any rehabilitation worth anything, and my point is that somebody with 40+ felonies being released back out shows how they are not even trying to pretend at this point.
can't be that bad, they wrote a song about it
in reality it is more like the haves and the have nots. top 5% for example in the us has a networth of over 1 million dollars. top 10% are those that have a nw of 850k. we like to use words like top 0.1% or top 1%. but when it comes down to it the it is greatly thisproportional with each percentile you go up.
when the shelters require sobriety, so many will always opt for the street.
it's also home owners do not want to expand housing and lower their own housing value. a lot of people in this country see housing as an investment rather than a human right.
>1) why do they find the need to shut down bathrooms at sunset? prevent drug use in the bathrooms. >2) why do you think only the rich is mad? is this not a problem for lower ? (e.g. my kid getting harassed by drug dealers) the lower. it's not a non-issue for them it is just not priority >3) the ceo-dude mentioned robberies and murders. this would be much more concerning than 'seeing a drug-dealer'. how rampant are the violent crimes? >>now, the numbers: citywide, from 2019-21, homicides increased 36%. that sounds significant, but the actual # increase was 15. sf has one of the lowest homicide rates among major cities in the us. include rural communities, and san francisco’s not even in the conversation. >>over the same period, rape, robbery, and assault *decreased* by 47% (-191), 27% (-851), and 6% (-160). so, violent crime (which the sfpd categorizes as homicide, rape, robbery, and assault) decreased by 19% (-1187). property crime over that period is down by 11% (-6083). i recommend reading this entire thread by a sf public defender in the tenderloin. edit: did not complete my sentence in response to question 2
tbh, crime in the city was way worse in the 1990s and wary 2000s. the tech workers have gotten older. given the bad blood between the police and the da, a lot of folks see their chance to score some political points by blaming boudin for problems that either predate his tenure or are actually problems with the police.
i’ve walked by it after sunset... wats the problem?
i didnt say high crime in certain areas wasnt an issue, but small high crime areas does not make the other 95% of the city some kind of crime ridden wasteland. also, twitter closed their hq, thats just a sign now.
you have a city full of people so destitute they literally have no place to shit -- the same city that houses the richest companies in the world -- and you see the problem is not enough imprisonment? you americans are an incredibly cruel, greedy people. freedom, if you can pay for it, huh?
really? do they sell mdma and? where would be a couple of these markets? shit, i'll drive down to sf if its that easy to pick up rec drugs that should be legal anyway.
this is false. it’s almost everywhere in the city
> and had people yelling their menu of drugs for sale at people walking by. were there any good specials for the day??
>not as bad as chicago spoken like someone who has never visited chicago
i was just there a few months ago, we literally walked all over the city. there is a small area downtown that is bad, lots of homeless and drugs, but if you walk like 3 blocks in any direction its beautiful and safe.
sf has lower crime per capita than my rural hick town of 30k.
exactly. shocker, homeless people want to hang out in areas where there is a lot of foot traffic!
sfpd has not been able to fill the majority of their open roles since the 90s. they are now offering , and still no one wants the job.
i bet they re-open in texas.
you’d be surprised if you found out how much wealthy individuals spend on politics in this country.
or maybe they just don’t want to pay taxes. or maybe they were going to do it anyway because everyone wants to work from home. this could just be an opportunity to look like a hero and. fwiw, kraken is my favorite exchange.
i mean closing the office down was likely a plan sprung a lot time back. why not take advantage of that and save face about saving money by using this political talking point? i mean within one da's term sf is now a hell hole? oh please. people want it to be true so they eat it up cause somehow sf is representative of the left and boudin is the messiah
my guess would be they got rid of their lease, are going full remote and just used the opportunity to make a political statement.
there are tons of much bigger global companies in the same area. the twitter hq is in the middle of it. kraken pales in comparison to the robustness of other corporations in and around the financial thistrict. none have closed their doors. so maybe he’s pushing his agenda as a veil for something else going on with the company. we can only speculate.
i did not grow up in sf (or california for that matter) and i mostly agree with the comment you are replying to. i will say though, while the tl area and market street are quite bad, homelessness and drug use are not confined to those areas - it is a citywide problem. also agree that boudin needs to go.
if you pull up crime stats you’ll see your statement is purely subjective and anecdotal without much real weight.
i’m stating facts based on crime stats all over the country. sounds like you’re the one getting emotional over your own thisdain for any regarded as “liberal”. i’m not even a liberal and you default to that since you really have nothing anecdotal nor empirical to provide.
yes i know, but can’t expect redditors to escape the hivemind mentality to actually understand none of what i wrong is actually wrong, just something they choose not to acknowledge as truth.
i’m not saying no one complains about it i’m saying most people who complain about it online have no idea what’s actually happening yet say things like ‘it’s absolutely insane what’s happening’
and no resolution whatsoever from the government
so if he doesnt go into sf, how does he know how bad it is? how is that so different than anyone else who doesnt live there saying its bad?
lol, another second hand report of how bad it is in a place where the second hand person does not even go. what a snowflake.
i live in sf and its no different than any other major us city in terms of crime. there are a few bad areas, but mostly very safe.
what makes you think a ceo is out there mingling with the commoners?
i live in sf, can confirm its not festering. the kraken office was in a very small couple blocks that no one wants to walk down, and that sucks for them. i bet they never reopen a new office, stay fully remote and the ceo used this to make a politically driven point.
homeless literally can’t sleep on sidewalks because the fire dept hoses them off at 0300. they sleep in alleys and deep in park corners. they nap on sidewalks during the day. just visited sf and am very familiar with their homeless problem. also just visited my friend in chicago where it’s cold as fuck and they had the same problem. it’s a national problem affecting all cities that has nothing to do with politics and policy and everything to do with lack of mental health care, including addiction. the right wing media is trying to blame a human problem on democrats.
i was not saying to brag... not sure how you got that or if you're just being purposefully obtuse. i'm just saying you do not get what it is like outside 24-7. there are entire alleys in tenderloin that are camps. just because you see some on the sidewalk does not mean they all are and that does not help either, because it is 40 any time you're in the shade %90 of the year. drug dealers are prosecuted. users are not. "or mental illness" yes... even if you do not believe addiction is an illness, there are other mental issues that cause it... which is why arresting them is the worst thing you can do. i've lived here 8 years. and the stat is 99.8. not 99.9 and that is at any one point in time. if you want to say "ever during your life" it is more like 2% of people experience homelessness. the sun here burns faster than it does in the tropics because you get it directly. i used to go all day in 101 weather and never get burned in the tropics. here it is 60 degrees and my skin melts. so it either feels like 35 because of the fog and cold or it feels like 80 and your skin burns if you're in the sun. quite specifically... every single thing you just said... is wrong. you've never been here other than as a tourist during "cold months in other places". it shows.
there's currently a budget surplus and they are still figuring out how to spend it. gov newsom recently announced a plan to help mentally ill people. but the sf issue is a city issue and he does not have carte blanche authority to walk in to fix things. that's up to mayor breed.
you really don’t know the issue. i’m involved with some local politicians in sac trying to address these issues. money isn’t these issue. developers are willing to donate land and buildings. the problem is the homeless union, yes they do have one, and nimbyism. mental health diagnosis automatically qualifying you for medicare would go a long way as wel but that would be federal. homeless union fights everything because they like how things are. they like doing whatever the fuck they want. there’s a path off the streets now if you want it in california. we are trying to build shelters so we can actually relocate people. state says you can tel someone to move their stuff unless you have a shelter for them to go to, which is fair kinda. so getting shelter units is first priority followed by getting mentally i’ll off the street so we can come down harder on the people exploiting the situation. for people not involved in california politics you may not know the way it’s set up gives local government a lot of power. this is a good thing and comes from states conservative roots. but it has also made it very hard for the state to address macro issues like homelessness cause every locality fights being the place we put them.
yeah, but the other corrupt assholes would just do things even worse, and god forbid we elect a third party!
i would support raising state taxes in california. it's the federal taxes that are killing me; i'm paying out my ass and i honestly feel my federal government has completely failed me and i have no representation at all. i'd rather not pay federal taxes and opt out of any support that gets me...
i mean, not many better suggestions out there, just probably a good idea to have a civilian oversight committee or something
not proposing anything in specific. find out why most people end up homeless (and in sanfran) and then target that.
compared to cali? def not. and barcelona got worst in the last years but still. been a while since i visited london or paris but i really doubt tent homeless cities are now in london or people is shitting on the streets in barcelona let alone closing companies cos of that.
i mean, fair, but you said "what would you have them do?" not "what would you expect them to do if you asked them nicely?" lol >sf is extremely liberal on drugs, i doubt this is much of a problem. it's definitely a problem throughout california despite our relatively progressive drug policies
sounds like he should not have tried to execute this visionary plan half-assedly as a fucking da whose only real purview is meting out justice.
i fully agree. so why is not common sense used? certainly if "basic" citizens know this, the people in power must.
he’s not wrong though. before pandemic nightlife( bar) were dying. why? many reasons but for sure techies moving in , raising rent then not reinvesting in neighborhoods cause they lived and ate
i don’t understand how you could look at the situation in san francisco and say “this is caused by too many rich people” with a straight face lmao.
get out of here with your nuance! everyone downvote and throw rocks at this guy
i do not know maybe because he told a story about shit being thrown at him. your response was how "tech employees ruined the city." sounds like you're justifying him getting pelted with shit when he is just trying to go to work. context clues
i got my information by visiting the city.
reddit is full of people who’ve never experienced a fistful of life; quote me in 5 years when the techies ruin texas also. lol
who told you oakland is getting nicer??? i just went to get food and i had a car circle the parking lot 3 times and then when i was coming out, they drove off as they were looking to break into my car. the smash and grabs in cars right now are so high, anywhere you park in oakland makes you a target. literally if you park your car and leave, 10% chance you come out to a busted window with or without anything being in your car.
lmao you are the problem
the church controls the right and the top is the problem. class warfare and i'm the problem? brainwashed since birth seems like your case. be easy and understand your being manipulated to anger cuck.
the church controls the right and the top is the problem. class warfare and i'm the problem? brainwashed since birth seems like your case. be easy and understand your being manipulated to anger.
wanna explain? because you sound like the brainwashed problem of grift we have here. god is not real q
its not liberal. its neoliberal and not actually left its centrist. there is no left in america. its not delusion and check out the r run places. no difference except less jobs.
oh no, you're certainly right wing, but you pretend to be centrist. you do this by using far right talking points, like how everything in ca is a total hell hole because of far left policy, when in actuality the person in charge is a milquetoast liberal who loves big business. at least i'm understanding that my label of you is actually the former if you cannot even follow this
i mean that is the next step in your victim rant is it not? those poor business owners, in one of the most business friendly states, are being viewed negatively by communists? or am i wrong here?
why is california's economy so big when all its wealth creators are leaving, and only commie hipsters and homeless junkies are staying? make this make sense for me. i need california to be a shithole
would love to visit la and vegas.
and when they are eventually picked up by an ambulance and taken to hospitals and nursing facilities they are ungrateful as fuck to have room and board + food that they will never pay a dime for and usually leave against medical advice after awhile. they want to be on the streets. during their stay, they act extremely entitled.
i really do not know what other answers there are. they do not or cannot get the help they need. they will never be well living on the street. it's an issue that vexes me constantly.
that's wild. i was there 9 years ago and it was the cleanest city i've ever been in to this day. i obviously was not going in the shadier areas though.
untrue, but thanks for playing.
this comment chain is wild
austin is shit hole full of crime too. i said texas not austin. any democratic place in texas going to be infested. we know
keep laughing, 2022 will be the biggest slap on the dems faces. just wait and you will see. me and every single one i know, voted for this shit head biden, will never vote democrats again. 10 friends so far.
right, you just tap danced around it while leaving yourself room to feign outrage — typical of the deniers.
yes same here i love money too, and i am a business owner.
still a shit hole full of homeless, and criminals.
i cannot afford to live there? lol, i literally did for several years. market is not even close to the worst area. there's a reason companies are leaving or considering leaving sf (my own included) and it is not just the high rent
i'm gonna take a stab and say you do not have kids? edit: i'll take that as confirmation that i'm right. not that i needed more than you not caring about shit in the streets and people publicly shooting heroin or smoking meth to know that.
haha i say the same thing. wow we’re so alike
exactly. tech employees are not ''elites'' lol.
the ceo of kraken doesn’t go into the office? i doubt that. many ceo’s are some of the hardest working in the company, especially if the company is public. if they didn’t they would be removed by investors. i agree their position and willingness to put their job first often makes them pretty entitled…but are they not part of the “elite”?
what kind of drugs? i recently read [down to this]( which the author had written about his experience being homeless in toronto’s tent city. there was drug addiction to crack cocaine. but at the conclusion of his book, most received housing and were doing better. he hadn’t thought it would work or be that simple, but then it did work out.
homeless people are a complex topic until they start harassing and committing violence against people. i've seen too many stories of pregnant women, old ladies and asian people being assaulted to give a mother fuck... not even speaking about the subways where it is become worse. its all a multi weekly occurrence i am sorry for your circumstances but... youre better off in a god damn cell if you do these things. nyc is rotten - and i work there
i just feel like the most straightforward and simple solution has not ever been tried. volunteers from habitat for humanity, or a similar group, can build simple private rooms. then, schedule a weekly or daily zoom meeting with someone to chat about books, movies, music, or watch it together through streaming. people who are homeless need interesting and meaningful activities too.
this statement of big vs small government is so often used in a stupid, generalized way. define what you mean by big and small first of all... it seems you're implying the "size" of government is defined by the amount of money it collects in taxes and i'll assume you also mean the programs they fund. i would like to point out the size and money currently hoarded by the largest corporations is already enough to legally buy out and control our "big" government... so when you say we need a "small" government and no monopolies, that is it, you're basically just laying out a contradiction that shows how naive you are about how the world works. don't take it personal, most people are. but our government is already too small and weak to break up monopolies as it is, and you're saying we need to go smaller? sounds like you're an anarcho-capitalist that wants to just get rid of the government and be ruled directly by wal-mart and amazon, great! the real truth if you want to act like there is some simple fix to our government: overturn citizen's united supreme court decision and get big anonymous donor money out of politics. don't forget that government programs have been behind every major advancement in this country, from the railroads to the highway system to the internet you're using right now... the problem is not "big" government, it is legalized corruption.
now go wider...by state? which states have the largest crime rates? which party has control of the gov seat? there's not a mayor in this country that is more powerful than their governor? not even nyc. but my point was not about dem vs repub. it was about optics. we, as a society do not see the truth. we see a combination of our fears, our beliefs, and the media we are exposed to. the chance the most people on this forum being the victim of a violent crime is very low, as low as it is been since before most were born. my chance of being a victim is lower now than it has ever been in my life, but does it feel that way to me. no. why not? it's def not because my chances have gone up. it's like the report of drug stores closing because of surging rates of shoplifting, but when people looked into it...it was actually because there were too many drug stores in a small area, both their own store and numbers competitors all within several blocks of each other. corporate did not want to admit they expanded too much.
honesty i think the problem is two fold. 1. a two party system that gives us 2 opposite choices. and since we jump between these choices on a national level every decade, the groundwork fro real change cannot be laid. 2. we have to stop criminalizing poverty and actually try to build the middle class back up (doing so will help to slow the growing wealth gap). related to this problem is another growing problem where every little thing becomes on opportunity for investment and hustle. one large reason we have a housing problem is the growing number of regular folks + corporations + airbnb. this has greatly expanded the competition for housing and turned the rental market into a profit focused rather than tenant focused business. now the above is just a general look at how i see the problem, and does not really offer specifics on fixing it. that is much more difficult and honestly i'm not sure it will ever happen without another financial crash and. oh, and one more thing...i was flabbergasted when i thiscovered the crime rate of nyc (until recently my home for the last 2 decades) was lower than okc (my home for my first 3 decades).
totally valid, i misunderstood what you were saying. and yeah i lived in phoenix for years and while south phoenix is sketchy you’re never worried about walking around downtown (unless it’s the summer, then you worry about the sun trying to kill you). that’s what sets sf and apparently seattle apart
>violent crime while terrible is much rarer. you should subscribe to a "warn me" notification of some sort. i live in berkeley and our campus warn me is constantly reporting violent crime. like several per day and that is just ucpd. rest of the trip was canceled and i went back home lol.
because i also had bad encounters going to sf. i visited there for the techcrunch disrupt conference with my tech startup team and day one almost got robbed and attacked for no reason. no, i do not live there but c'mon... to say it is not bad is just misleading and not cool and it only seems to be getting worse.
lmao ok. pretend there is not a giant conservative circle jerk whenever an issue in new york or california is mentioned. it's all because...liberals!!! the actual cause and any potential solutions are not of any consequence - it is just...libs!!! big cities have homeless people? must be because the libs are in charge!!! idiocy. but that is the american right. no plans, no solutions, nothing ever constructive. simply complaining about liberals. and of course it finds its way into every crypto forum.
i’m living in an “underdeveloped” country that’s scores cleaner and safer than san francisco is. if your image of an underdeveloped country is one of nonstop famine and rape and murder then i think you haven’t actually traveled much and are basing your view of the world off of vice documentaries.
difference being in reality all batman needs to do is stop running and drop a shit in the middle of the sidewalk while screaming about planet x and the cops would just walk away. life is truly stranger than and fiction.
i think it is much more prevalent now than 5%. it's our beautiful city that is getting destroyed by a lax da. walgreens even puts most of their products behind lock and key now and this is in the richmond neighborhood, not even dt...
chicago is highlighted on foxnews as a cesspool, but the reality is that the top 20 cities for crime are almost all in red states.
been all through that place. seen everything from vice lords to chi town bro. sf is no where near as bad. there’s obviously more gun violence there. i’m not sure about theft, sf is pretty bad right now.
the data shows that its an unsafe city. why is your one moment in time more accurate than the overall data?
go sleep on skid row in la and then tell me what your favorite flavor of kool aid is out there.
that's because they have re classified what a crime is and do not even report things like theft, shitting and urinating in public on the sidewalk, public drug use, etc
no? by some miracle, the ritzy financial thistrict (near montgomery) seems to be purged of the worst of homelessness while civic center has it in spades, despite the former having more foot traffic. it’s a matter of governance.
my bet is florida, but yeah there is a reason people are flooding to the most conservative states en mass from ca and other failed blue states.
idt anyone is unaware that massive amounts of money that rich people and corps put into politics. that is different than making major business changes that cost a lot of money. whether public or private a ceo of a well funded, early company is under enormous pressure to return value. making cheap political points with investor money isn’t really done, or given the opportunity to be done twice. maybe it was pretext for a different reason and he made a point on the way out but you wouldn’t spend startup money leaving an established headquarters to make a point on the internet.
they did it to get free publicity on right wing media. (no point trying to get free publicity on left wing media)
online flame wars where ideology hides from obvious truths are so 2019.
> i’m stating facts based on crime stats all over the country. no you did not. you said kraken ceo is pushing an agenda by leaving sf. thishonest liberal who changes the subject to avoid being faced in his own poop.
but it is insane what happening. in what alternate reality do you reside?
you’re just a troll, so continue doing whatever the fuck it is that you are doing. i’m out.
>i live in sf, can confirm its not festering. no hostility...i think the "poop map" kinda proves that something is for sure going wrong there.
is that all? just find it out and then target it? damn, someone get joe biden on the phone. this dude just solved homelessness. amazing. (they already do that, so saying they should start doing it is nonsense)
the only difference between that and homeless camps in san francisco is that people are cool with it. it's still just a bunch of homeless people doing drugs and camping. > compared to cali? san francisco and california are not the same thing. it's not like sf throughout california. just like it is not like christiania throughout denmark.
i could write a book answering this question lol. there are so many factors at play. firstly, the people in positions of power seek to maintain the power; this is done by pandering to the people who vote for them in a democracy. what we've always seen is political pandering, and it just so happens that [appeals to emotion]( tend to be very effective - in some cases more effective - than rational, conscientious policy. for example, "*we must end systemic racial discrimination!*" gets a lot of cheers from people... so why is the proposed legislation *[literally making systemic racial thiscrimination legal]( it's a good question; not one you'll hear answered. usually when faced with the facts of a situation, those who deal in emotional appeals will attack your character with baseless assertions. i mean, there is so much to this, but it would take me hours to fully answer your question; like i said, books could be written on this topic.
the majority of “techies” i know do the majority of eating and drinking outside of work. maybe they’ll stick around for lunch, sometimes. which tech company has bars open at night that’s competing with nightclubs? and as far as i know, new restaurants open and close all the time, which is true in any city. this is a hyperbole.
you didn’t answer the question.
except it is... this is exactly what opponents of extreme wealth inequality have been warning about for ages i'm a capitalist and think the socialist nonsense many lefties espouse is misguided. but there is a reason you do not have people setting up tent cities and shitting outside hotels in copenhagen. there's a happy medium between extreme wealth inequality and highly taxed social democracies. and the us is pretty far from that happy medium
> sounds like you're justifying him explaining != justifying. this is basic science.
i responded to a guy saying "they dont like tech employees i think" then i stated a reason why that might be then i get responded to by you "so your saying its ok to throw shit!1!1?" reading comprehension
thank you for clarifying how you got to your worldview
texans are currently gentrifying my town. the blind political insanity in the us means we will never have a rational thiscussion about the actual reality of these issues (which are much more complicated than “derr libs’ll qaeda).
yup! its called "getting bipped" and people are doing it all over the bay area
you see this is why there will be civil conflict cause of know nothing clowns like yourself.
why would i try and argue logic with someone living outside reality?
the american right all seem to have 0 understanding of politics. they truly believe democrats are far left on the political spectrum lmfao.
actually it is left, you’re the neoliberal.
guess i'm a fascist then. you know it is pretty dumb to tell people what they are commie.
that link does not even work
no, and if california is so business friendly than why are so many leaving?
just because it is economy grew to be large and successful in the past does not mean that it is continuing said success. it has started to lag economically in important areas in recent years, even though they are still big. this does not mean that they cannot right the ship though.
it's like asking qanon to make sense; making sense is not the point.
yup, my nurse friends have some terrible horror stories about working with the homeless in hospitals
yeah exactly! it is not compassionate to leave them on the street without the help they really need
i do not get it either. the idea of a single human shit is already mind blowing. never seen one in the streets for all my life.
how long do you have lol
well, like everywhere, it will depend on where you go. i took a walk through the 'ol tenderloin and boy was that an experience.
ok, now i know you’re not being serious. have you been anywhere else in the world, or even to sf?
i guess fucking reagan shouldn’t have cut federal funding to help people with mental thisorders. the free market will handle it. those people rotting in the street is an example of what the free market has given us.
you can choose to believe it or night but [here is]( the historical context of how us policing evolved
your writing implies english isn’t your first language. did you migrate to the us?
yup every major corp i worked for the ceo and rest of senior leadership be putting in some beacoup hours
why go by state? i live in tn and 90% of this state is about as safe as it gets. then you have memphis and nashville. guess which parts are democratic and which are republican. i'm saying if i had to pick the lesser of 2 evils i know which is better but they are both evil. yeah i'm sure the wanton looting and theft that were said to be the cause did not affect their profit margin at all. it was the known competition in the surrounding area. sounds like cope, man
nyc made a turn in the 90s into eventually becoming the safest big city in the u.s. it was a remarkable feat
i'm on citizen and nextdoor. yes i see some alerts coming from bad areas or like oakland. are you saying from berkeley you're seeing reports in sf and for your visit you went home to berkeley after that incident? i mean shit where did you go exactly?
i've literally had no issues. i left my car unlocked and it got cleared out for the stuff i had in there but that is not completely out of the ordinary for a city. am i going to say it is a perfect place? no but it is definitely not a hell on earth. people are still moving here and the folks that are still here are enjoying it. i just do not get the intense focus on shitting on this city. i think i might but do not want to assume too much. one thing about it though is yes it does have some extremely ugly areas. that's for sure a problem. but it is not lawless, at least not in the way that is portrayed by media outlets. again i think a narrative is being driven here. of course i would love it for to be completely clean but i'd also like to stay in reality about it
there is such a small conservative presence in those areas, so ya, it is the liberals causing those problems
yeah there was an incident my friend saw in seattle where a guy was running around naked attacking people and when the police showed up he did just take a shit and the police left.
hardly. the current da prosecutes cases at a higher rate than his predecessor. the cops are making fewer arrests.
cos theft under . you can walk in and take .
they are blue cities though.
lol, vice lords? you hanging out in austin? you encounter some stones or gaylords while you were there? gtfo. that's like going to the tenderloin and saying that is what all of sf is like. anecdotes /= evidence
data shows the opposite
san francisco doesn’t have shit on real crime ridden cities. san francisco has a rich person problem.
cause the data is provided by the police force and they have a long and documented history of goosing stats in whatever way then want them to go. so basically i do not trust the data.
this is what people don’t understand. they’ll post crime statistics based on court decisions, but fail to realize how few people are being taken to court in sf. people will steal your bike’s wheels in broad daylight in the middle of a heavy traffic areas lmao. definitely don’t walk alone past 9pm. definitely don’t try to stop someone stealing , that’ll get you arrested for assault.
what is it with californians and shitting in public places? : when i was a kid, californians flocked to my home city when the recession hit them. human shit in the open. drugs. these are the things i’ve come to associate with california. couldn’t understand for the longest time, but then i actually visited the horrible state, and i realized you have to pay to use every and any bathrooms. with how expensive it is just to fart in california, i can imagine the housing crisis and various other crises are making the street shit an *unavoidable* consequence of pro-billionaire policy.
there's more where that came from.
thank you for taking the time to respond. i'd love to hear more if you ever get a chance. very interesting subject, that is for certain! edit: or if you have any books to recommend.
what you’re not considering is what the bay area *was* before sv. large poc populations and a vibrant nightlife. have you met anyone who works in tech? a majority of them aren’t going out to party on the weekends. source: worked in tech for the last decade (not in the bay).
wild that you would say there is a happy medium between the us and denmark and then in the next sentence say there is a reason denmark is such a nice place. narrator : it was the social welfare net
lol i mean do not be mad if people see the implication is there. you vilified tech employees without vilifying the people throwing the rocks at him. while at the same time, even though you did not outright justify their actions. you did basically defend them.
you big mad huh?
holy crap the irony is so huge i need a chainsaw to cut it
sure. beyond left comrade. have fun being qrazy.
i'm not calling you a fascist, but fascists do tend to be incredibly dumb. that's why they fall for that ideology to begin with. hope it doesnt happen to you
yeah i know. you can copy paste if you want to figure it out. just funny that you started calling people commie like i predicted. enjoy
if california is not so business friendly why does it have the largest gdp out of any state in the union? do you really think people are only leaving california because of unfriendly business policy? lol
i feel like this is a pube finding app
i love in a town with a few homeless people but they dont shit in the street
where those libruls live?! he would never.
it helps if you use an actual reputable site. the actual history is when the states split into the confederacy and the union then the confederacy tacked that onto the duties of their officers. contrary to popular belief, police were not created to catch runaway slaves nor could it be called an evolution because once the civil war was over that ended the policing practices of the south.
you should go look at the encyclopedia. also america did not invent the police.
yes, i speak 4 different languages. and own a successful business. anything else racist?
in principle youre right but drug use isnt the problem is the symptom. trauma needs to be addressed and people need safe places to live.
lol "causing the problems" like have you taken the time to even understand the full scope and complexity behind these issues? something as simple as open interstate borders complicates things. how can you reduce the topic so severely and yet be so confident at the same time
or - and hear me out - it could have very little, if anything, to do with political preferences edit: it is worth noting that california had more republican votes in the 2020 election than any other state. yet any time california is mentioned, conservatives get hellbent on trying to make it sound like some hellhole that democrats are exclusively responsible for.
my guess is, the cop who lost the paper-rock-scissors match to decide who would arrest the street pooper, decided that quitting would be a better move.
that's very sad if this is considered a higher rate. i get the reasoning behind it to help free up the courts for higher crimes but i think it is backfiring.
for real?! that’s insane
except that the data does show that sf is an unsafe place. its funny how you link an editorial trying to explain away the increase in crime rather than statistics.
100%. san fran is easily the safest big city ive ever been to.
nah im just trying to understand if you are hearing voices or where you are getting these nonexistant conversations from
ok bernie bro...edit: hahaha he deleted his comments, what a passive aggressive weiner.
i identify as a liberal centrist. fascism would be a nightmare authoritarian state.
well why do you think people are leaving california?
dang 3 more than i can speak. did you emigrate recently?
you have a good heart. i think you’ll find when you dig into the causes of homelessness, it is overwhelmingly addictions and other pathologies. your approach i bet can help some; i fear most need other accommodations first and foremost.
its insane because its not accurate.
i guess it is under ? i see ppl regularly walk out of stores with hands full of items and all that happens is the employees ask them to stop. security does not even acknowledge them.
your own link shows rape and murder significantly lower in sf, those or the two big bad violent crimes… not only lower than the california average but lower than the us average. it shows robbery as significantly higher… pro tip, robbery is only sometimes a violent crime.
troll harder there 🤣 ❄
california is literally super business friendly and slightly higher taxes with shit tons of rich people living there. it is a milquetoast liberal heaven. if your beliefs are that of liberalism, you do not use the language of a liberal
people are leaving every city because of cost of living, and california's population is mostly centered around socal and norcal. i left ca 3 years ago for similar reasons
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i would argue with your premises about youtube supporting scammers but they removed the thislike button recently which does nothing but helping scammers...
if there is one more thisruption that hopefully gets sparked by public blockchain technology, it needs to be video sharing websites like youtube. clearly, a centralized figure has received too much power and is now abusing it left and right "for our protection." can you imagine if your isp was allowed to just block access to duckduckgo tomorrow because "for your protection"? people would lose their minds. google clearly thinks it’s omnipotent.
all my homies hate bitboy
step 1: monopolize the internet step 2: censor unwanted content hopefully step 3: get rekt by progress of the technology in form of decentralized web
the yt crypto algo is overly sensitive. bitboy got deleted twice last year as did lark and a bunch of others. it should be back up in a day or two. it helps to tweet out your support to youtube.
looks like its back up
youtube has lost its mind since it went public.
they should move their content to a censorship-free platform .
youtube is the prime example of why monopolies suck, they got no real competition and they know that... hence they keep doing this shit
this is the reason why i am de-googling myself lately.
youtube management has been actively incompetent for a while now. this is not first time they simply delete a channel because karen decided to report a channel because she was offended. they are hyper censorship platform. very irritating.
in what way is bitboy a scammer? (not arguing he is’t, just wondering.)
decentralized social media is more important than ever!!!
bitcoin magazine's livestream that was interrupted was thiscussing the uprising in kazakhstan and how that has impacted btc mining operations. youtube is known to [actively censor human rights complainants]( could this be why it was cut off?
switch to odysee. yt is lame.
youtube was terrible for years, but i'm glad you noticed.
youtube and bit boi are trash. youtube went downhill ever since google bought them. bitboi went downhill ever since he named himself
youtube is literally a scourge on the internet nowadays. i really wish they had some serious competition so they wouldn't just get away with every shit thing they do
youtube gets worse every day. the amount of ads, most of them real money scams, is ridiculous nowadays. you can’t use it without an proper adblocker like brave.
one of the most dystopian aspects of our society is having companies like youtube that people absolutely hate with a passion but continue to use every single day because ultimately they care more about convenience and entertainment than their values. apple and google are other great examples.
youtube is a dumpster fire right now.
you either die a hero or you live long enough to see yourself become the villain
it is so difficult not to think thant big companies just want to keep poeple dumb and poor while they support scammers that enforce these scammy practices. it is just pathetic.
why though? i mean what specific rules are they accused of breaking?
bitboy crypto proved to me this year that he’s a fucking scam artist. the whole talk about his insider sources for a full year, every guess being way off. only thing he’s right about are pumps that his channel is large enough to create by talking about a coin. otherwise, he’s been wrong about literally almost everything. when the market recovered a month after his sources said it was gonna happen, he made it sound like his sources got it right, to the day…… so much for his 120k end of year bitcoin guarantee. “sources” lol. and when it fell initially, he said he knew it was gonna happen bc of sources after it happened but never mentioned it before 🤦🏻‍♂️🤦🏻‍♂️ you gotta be a special kind of stupid to not see through him, imo
this is probably just a false algorithm classifying it as a scam stream...
their channel is back up!
it was recovered pretty quickly tho
library is pretty rad. lots of creators migrating to it. if you want something easier to access then odysee uses library’s whole system but provides a bit better interface through the web. if you really wanna stick it to youtube then use those to watch creators that have moved over. i think there’s even an extension to tel you if a creator uploaded on odysee too. the more people do that the more creators see it as a viable option and the more likely it is for youtube to have to adapt or die. they’ve obviously grown too big and can. plus you get tokens just for using library or odysee with an address. (tokens you can sell or use to contribute to creators directly)
tbh i was today years old when i found out that channel even existed.
youtube is slowly killing itself.
ah i wish i was early.
congratulations! you figured out that youtube is another anti american social media platform! just like facebook, instagram, and twitter... etc.
1. install adblock plus to block youtube ads on your pc's chrome browser. 2. install youtube vanced on your android devices to block youtube ads + backgroud play + pip 3. install tweaked youtube or adblock tweak on your apple devices to block youtube ads + background play + pip, uyou or youtube reborn 4. install smart youtube tv on your android tv to block ads
step back and look at the bigger picture. this is actually helping crytpo as decentralized platforms are becoming a more obvious necessity.
lets get a web3.0 (decentralization to power)video platform running and ditch youtube :)
unfortunately , everything related to freedom is getting banned .
leftist organizations like youtube love to sell lies, thats why they let all those scam videos run about sending bitcoin for more bitcoin in return.
sounds like the perfect opportunity for someone to come along and develop a decentralized version of youtube to compete with it
laughs in brave cause it blocks ads so no money for youtube.
youtube is not a place that i’d say is good for “educational” content
youtube is ridiculous with the censorship. almost as bad as reddit.
as soon as youtube has a decent competitor i'll be gone. go woke, go broke.
don't watch these accounts. they tell you nothing and just pull you depper into believing everything is all about crypto. watching a youtuber will not make your bags heavier. where was bitcoin magazine when everyone was saying 100k year end. no one knows fucking anything and the less time you spend listening to people try convince you thst they do, the better. seriously, i know nothing about this youtuber that you are sad is gone. i see they have a bitcoin conference planned and they use aggressive language like "bitcoin cannot be stopped." but what was their year end price prediction? are they telling you anything useful or are they jsut pushing random info at you to make you feel connected to this weird market of scammers and wishful thinking?
they are following a very predictable pathway to failure. they start out new, edgy and cool. gain a following. income increases. start making money decisions since all that cash is seductive. stop making people choices. following starts to whittle off the edges. but no need to worry. because we are still hot and who else is as cool as us. new startups begin to increase. by the time youtube realizes people will create their own choices it’s a fiery slow dive to oblivion.
this is an issue with the way youtube handles censorship at the employee level. currently, too many employees have the power to pull a video from their platform without any thiscussion or justification at management level (although they can be reinstated by review on a case by case basis). with the tendancy for silicon valley'certain type' when it comes to politics and world views, this sort of thing is inevitable for content that goes against the establishment group think. we badly need a more decentralised form of video streaming, unfortunately youtube has achieved critical mass and has a vast network effect. coupled with the monopoly of centralised servers that youtube runs on i just do not see how censorship is going to improve without a root and branch change in the cultural outlook of the people that run social media platforms.
fuck youtube and the psychotic demented and evil left wing liberal lunatic ceo's of these media companies!! they are the shit stain of society
youtube is a ponzi scheme so not unexpected at all.
didn't this happen to pomp's youtube channel too? i'm sure we'll see the same result: it was an accident and their account will come back. it's hard to believe this was malicious on youtube's part. i mean what would they have to gain by deleting bitcoinmagazine's channel?
fuck you bitboy. upvoted.
bruh. who cares. only babies watch youtube 👶
what's a you tube?
they are both scam channels
bitcoin magazing is operated by white supremacist, anti vaxxer, and homophobic people. screw them.
does they support spreading lies and scammers... did not expected that coming
mind boggling. no rhyme or reason at all… makes you wonder what is going on behind the scenes
what has youtube become? :(
do thislikes do anything anymore? let's give him a nice surprise, i cannot stand that fat old fuck
thats insane. and eww bitboy i had just gotten that crypto gain fattened walrus outta my brain finally. he was an early find when i got into crypto. quickly found out he was... special.
what’s the story here?
substandard content on youtube is crap? who fucking knew? just stop using youtube.
we need a decentralized alternative to youtube, to the smarty pants that makes it, just send me 5 % ownership since i gave you the idea
woa. i hope it’s a mistake of some kind.
i freaking hate you tube. i especially loathe their stupid, unteachable algorithm that thinks because i watched a vid and gave it a thumbs up, then it must appear on my recommended to watch list forever more, because obviously i will want to keep watching it over and over. tell it i'm "not interested" in one of it is extraordinarily stupid suggestions, so of course it populates my recommended list with dozens more of the same type. whoever constructed that monstrosity should be freaking tarred and feathered, and run out of town.
remove thislikes so viewers cannot destinguish between a quality video or spam.
youtube is not useful these days
they are terminating a lot of financial channels lately
i've considered making a parody account called fatboy, where i just act like him but thish out the most absurdly idiotic investment strategies and market forecasts, however, after thinking about it more, i'd probably end up helping to create portfolios that do even better than scammers like that lard ass fuck and end up getting a following. then when shit invariably hits the fan, people who could not spot the satire would blame me and i could not live with that. bitboy however can live quite comfortably with it.
we should not rely on youtube, they take down content
find it odd how a tech company like google would be so against crypto
what are the best decentralized alternatives to youtube? who's building good sites we should be using instead?
youtube is on its decline…
youtube will not be around in 10 years, but bitcoin will.
from what i understand if people flag it for false news this can happen and it is hard to correct. i have seen this happen to a friends youtube account that posted about home loans.
i believe it is back now.
youtube is hot garbage. this surprises no one who has paid attention to anything youtube has been up to for years now.
i see the channel.
meanwhile bitboy has over a million followers. the people have spoken, they want to be scammed. clickbait and false promises is what sells unfortunately, i wish it weren’t the case.
how is bitboy a scammer?
whatttt?!?! how can they do this, and part of me likes it because they do not like us because obviously btc and crypto are shaking things up, power to the people and they (the big club we am not in (nod to george carlin)) do not like it
i think its hilarious this sub hates bitboy but mentions him all the time. any publicity is good publicity. may as well be his promoters because that is what you're doing.
amy reasoning behind the ban? youtube surely has at least an excuse, even if it is not a good excuse.
my thislike button on youtube works. i'm going to report that bitboy. edit: we cannot complain about him here and not do anything concrete about it. hit thislike button, it works. and report him to youtube.
youtube has become a pretty shitty platform in the past few years. it only survives, beacause people are used to it
this is not the way
i'm making my own streaming service with hookers and blackjack and btc
i just invested in bitboy crypto . he’s a liar??
what's pretty crazy is that i can still visit the channel and like the videos as if it was not deleted after all.
so... what is the deal with bitboy? ive seen the guy arround but never noticed anything in particular
just out of curiosity, is there any decentralised youtube ?
that's one way to guide the narrative about crypto. silence informative content and promote "influencers" that pay you for their scams to be seen. what a business model.
bit boy and crypto kirby are straight human trash
how can we reach out to youtube and express our opinions on this?
fatboy should fuck off.
my god this sub can be worse than r.
yt's management is trash...
bitboy will go to jail a day.
it’s too bad there is no *realistic* alternative to youtube. i’m sure people will say “well why don’t you use xy or z?”
i do not know either of these channels.
weird. it’s almost like money talks.
youtube would not last too long as a centralized form of social entertainment. their days are numbered
i wish youtube didn’t have such a monopoly going… love the content on there but they are political af about what they allow and don’t.
bitboy is a piece of shit. bigtime.
how can i stop ads when playing youtube thru nvidia shield? is there a way?
it sounds like talking about bitcoin on youtube is a lot like talking about lrc in this sub.
three words, basic attention token.
seriously, seeing how the phishing websites are so rampant in google ads, it must be intentional at this point.
damn youtube, why must you do this.
go to rumble and gettr. left wingers are total nazis
google works together with scammers and profits from them, it is not a secret. they also support all those scam wallet apps on the google play store, where they steal all your cryptos if you use it. i and countless other people reported those scam apps and google refused to take them down because "they do not violate their policies". so it is not surprising that youtube tolerates scammers like bitchboy.
where do you think your ram usage is going towards? jk
why are people still surprised by corporations not doing the right thing?
what a load of bullshit
youtube labels a stupid prank comedy. when another channel features the short clip to talk about it they label it violence.
anyone who promotes crypto like bitboy should be banned, he gets paid for most of those shitcoin promotions. he's a massive pumper and dumper. just like a few of the people on tiktok
for those that do not know there is a youtube alternative built on blockchain, aioz tube. it's a dcdn blockchain with its own token aioz.
daotube? to go with searchdao, phonedao, etc
youtube is scared now
this narrative doesnt hold water. bitboy has been removed multiple times. but fuck youtube for many many other reasons too.
looks like its been restored
youtube is a joke
there's some weird shit going on right now. jcs - a channel that focuses on really well done breakdowns of true crime stuff - had a ton of his stuff removed for no good reason. wonder if youtube found some super shit advertising company to pair up with or something lol
you tube is shit
"you know how to swim?" "nope" "well you should not go out there then!" \*proceeds to swim and drowns.\* "dumb-fuck..." so fuckin what? crypto is a bullshit investment anyways. make money on it however you can lol. if idiots out there do not know what they are doing it serves them right. don't go swimming if you cannot swim.
bitboy is more successful than any nigerian princes ever were
hopefully they appeal it. probably bots spoofing ips reporting abuse
typical crypto misinformation source.
but bitboi says not financial advice, not a financial advisor, so he is clean
can you please fill me in on what bitboy is scamming?
obviously scammers with clickbait titles with promises that you'll get millionaire will get more views than actually informative content.
thanks youtube, now i'm on fucking twitch.
mid steam? did a tech just fall asleep and hit the nuke button with their forehead? i agree about bitboy...get rid of that guy first.
i see this happen in a lot of other areas too. does youtube actively do it or do the scammers report the channel and youtube just removes it without due diligence?
stupid mistake by youtube
there is a certain i do not know what in the fact that people who are pro decentralization continue using youtube instead of one of the decentralized or trying platforms out there. i cannot complain when youtube does this because it is youtube, and they are the enemy .
something being on youtube or in google search results does not mean google is supporting it. something being taken down does not mean they are supporting things not taken down. they have billions of pieces of data to sort and police. they are not examining everything all of the time and they definitely are not comparing things to each other when they make their decisions. if you ever moderate a large subreddit you'll know what i mean. users are always saying 'how did you remove this when this exists' - well because we were acting on a report and never even saw that other thing. that's probably what happened here. a bunch of people reported that account. they decided to act on those reports. and they did not go and examine every other piece of similar content to see if it should be taken down.
youtube is rasist, sexists scum.
didn’t google remove the ‘don’t be evil’ from their tos or something awhile back? this fits their new narrative it seems.
if you follow bitboy, you’re the problem
as if youtube are judges of crypto...i'm not sayin they do not have 'the right' but it is really clear they are fairly arbitrary much of the time
what’s the deal with bitboy? what kind of scamming does he do?
99% of these crypto youtubers are just huge scam artists voskcoin bitbiy tactical investing
all the crypto youtubers and influencers are scammers. everybody just buys into their flashy lifestyle.
the crypto people can hang out with rumble people 😀
what was the reason given?
someone have good channels to follow? no o-face thumbnails please.
which crypto platform has the best chance of challeging youtube? theta?
use newpipe for android and forget about youtube adds. it has similar funcionality to youtube itself. except liking and commenting.
youtube is also banning jokes. jokes. jokes...
i’ll likely get downvoted for this, but why all the hate against bitboy? not sure how anyone got scammed by bitboy. you gotta be really dumb to be scammed by someone talking about crypto on youtube. 🤦🏻‍♂️
how much does youtoube make out of bitboys videos traffic?
bitboy and his circle jerking posse are awful.
huh, i mean bitboy did have their channel deleted back in like, august or something. it was instantly reinstated.
we need a decentralized video sharing website asap.
i’ve been saying for years we need to use something besides youtube. this is on all of us straight up, from viewers to content creators this is on us. same shit will happen with facebooks garbage meta if we even let that thing get moving, do not fucking use it.
i'm glad to see someone else calling out bitboy. absolute scumbag.
finally someone else to expose that bitbuy prick
youtube was a thing a while ago, they are out of touch. soon blockbuster will be helping youtube up out of their wheelchair to use the restroom
fuck google in general
it's time for a decentralized video platform. in favor of the customers not the advertising guys
if they go after nintendo power, we're all fucked.
do you have proof of bitboy scamming?
stop using youtube or shut up.
eth video platform need it now!
lol he is a clueless idiot, but he is not a scammer
why the hard-on for bitboy? there’s lots of content creators out there that are at least as “shady”.
i’ll admit bitboys videos did start to feel a little spammy, but then again all of youtube started to feel that way which is why i stopped watching all videos from that platform unless absolute need be. but please do tell, what scams does bitboy run that are different from all other youtubers…? people use his name in efforts of scams, but he is a content provider, nothing more nothing less. if you think otherwise you need to reevaluate something. he posts videos, hypes things up, and gets money for views, singling someone out for this… just why? why not name everybody else who posts daily bitcoin analysis videos? i’ve seen youtube accounts that use other peoples content, yet they still have a following, does bitboy do this? no he talks about what’s he’s heard about just like all the others. i’m not sorry but you sound like your just jealous and i’m not sure why it’s being pointed so directly at one person??
does youtube also exercise fact check?
i know this will get downvoted to hell, but what has bitboy actually done? like what has he done that people say he is a crook and a scammer? i just hear it a lot so i am curious.
good. shit the other down too.
bitboy leads the way when it comes to pump and dumps, and paid shilling.
why am i not surprised this happened.
does anyone know what the purported cause was for this? is crypto republican now? or antivax?
please guys lets make it a point to reduce youtube usage and switch to alternative platforms
its time to move on to another platform
we need theta to take over youtube idk why they don’t just mirror youtube capabilities but put it on blockchain
their 'education' is skewed and part propaganda for their interests, so i'm not super hurt in this specific case.
taken down for what though? i doubt that youtube has anything against them in particular, they just happened to get hit by whatever copyright nonsense and the others did not.
they took my blogspot url and still do not give me back
this is why we need web 3.0!
move to rumble………... youtube is a propaganda machine.
oh so now you guys care about free speech and censorship by big tech
google fucked me i tried to make a solflare wallet and the first thing that popped up was a scam site instead of the original. google can get fucked
youtube is ran by lousy cock suckers.
hope they take them to court
makes sense though. what's the best way to make an alt currency that threatens fiat currency fail without banning it directly? allow misinformation and scams to thrive so that people get burned and choose to ban it themselves.
god you tube really has turned into the enemy
fuck youtube and fuck google lmfao
don't forget their removal of the downvote. we need a decentralized youtube.
just deleted the app.
youtube exists just for google to data mine user data. the sooner the crypto community endorses other options, the better for us overall.
so i see this post is a nothing burger
what is a bit boy?
never heard of bitboy. now he’s going to get more popular…
i thought bitboy was a cool informative guy 🤔 am i missing something???
who the fuck is bitboy
youtube really has devolved into an ongoing joyless cash grab
well bitboy is a such an jerk why cant they just ban his all account.
wait what?! they would not even ban the fake microstrategy or fake ada channels stealing crypto...
meh. mostly bots as followers. comments are shit. views are really low compared to subscribers... probably accidentally said some stupid word like "coronavirus" on mic and youtube shut it down. probably nothing to do with bitcoin... youtube sucks shit, sorry to those who decided to depend on them for a day job as a content creator.
we should spam report on the bitboy page then. no ? (?)
final straw for me was removing the thislike button.
they dont like people to know more about bitcoin.
seems like lex fridman was also truck, no? what a shame.
youtube is a public company. they will do what they want. easy fix. i don’t need youtube to follow the content published by bitcoinmagazine. tell me where bitcoinmagazine is moving and i’ll follow. someone please share the newest thiscord link. youtube can plant a starbucks on the corner, but they cant kick out the weirdos. we will fork the neighborhood and take it with us.
youtube allows ads that are known scams showing elon or someone famous and send us your coins and you will receive a multiple back...
i'm gonna pay you .0000000001 btc to fuck off. get off the front page go run your scams somewhere else like parler or some 4chan containment board you crypto fucks.
well that’s messed up. what reason did they give?
i hate youtube also for their shenanigans, but not sure where else to watch video content.
youtube's biggest redeeming quality at this point in time is that it isnt tik tok.
forget bitboy, every day i open up twitch and youtube there is a channel impersonating elon musk or michael saylor asking viewers to send eth to their wallets to receive double that back. it takes literally ages for them to ban these accounts. by the time they get banned they seem to have amassed 20-30k viewers or more. many of these viewers claim to have sent 1-10 eth and receive none back, i seriously fucking hope these are all bots and not a single real guy falling for these scams.
need a youtube competitor...
sounds like they’re heading over to rumble
it's hilarious to see so many crypto "investors" who are actively subjecting themselves to a scam, complaining about the removal of a youtube channel dedicated to the scam they are participating in. fucking facepalm city up in here.
at this point i'm not surprised by anything that youtube or google does. youtube and google search both sucks lately. greed is ruining google.
looks like they have reinstated the account.
bitboy is the worst
that's yet another reason why i use odysee. no reason to use yt most of the time. yes there is a channel or 2 i just cannot quit. but for the most part odysee is where it is at. they have a feature where any yt channel can have their past. so there is no reason not to. also if you were to use youtube brave browsers skips all the ads.
kinda related...use flote for social media over gettr. gettr had their ceo on pomp and was like" we have to do what amazon says". it will end up just like parlr. flote told google. flote. app they actually walk the walk on free speech.
furthermore why we need decentralization
this why you have to defend free speech even when it is about voices you do not like. this is hardly the first, and definitely not the last.
they push an agenda on yt for someone with deep pockets. now i’m not here to brigade, but superstonks chanel was taken offline too - with nothing more than ama’s on it. the ‘elite’ want to silence some people up again.
if i comment on anything financial i get a reply from a scammer instantly. fucking annoying as shit. been going on for like a year. maybe they should fix that shit.
youtube and fb etc... have their own agenda and want to brainwash people the way they want to.
the banks have told media to drastically reduce the crypto coins prices by killing all media and making crazy announcements towards crypto hold and do not sell
oh fuck thats dumb... what the hell?
altcoin daily is a giant scam too
that’s why i’m bullish on contentos, future decentralised “youtube” content platform. presently with relatively small mc and room for improvement. r
how the f does anyone listen to bitboy? just look at his face! literally knew nothing about crypto, stumbled upon one of his videos and said, “there’s no fucking way this dude is not a scumbag” 🤷
who remembers 2005 when youtube was fresh, free revolutionary and exciting?
so … don’t use you tube
that guy is pathetic.
i try as much as possible to stay away from anything that involves youtubers advising me on crypto
who will make the youtube competitor?
just like what happen to cryptobanter they talk about bitcoin too and now its suspended.
there is censorship on youtube?! say it am not so!
next; think about other platforms instead of youtube. this this is madness, right?
this is the problem of centralization that comes up time and time again. youtube is a centralized platform giving all power of censorship to google. even though this has a significant economic cost, decentralized platforms should be prioritized. those who continue to rely on youtube are taking this kind of risk.
can't wait to see a decentralized alternative to youtube
they have a bitcoin and a cryptocurrency sub category in my recommended. because the algorithm pushes informative crypto channels. i’ve never seen bitboy in my recommended. what do they have against bitcoin magazine?
i really wish there was a decent youtube alternative. it’s the hardest part of my life to de-google from!
what's the best youtube alternative in the long run? if there is a monopoly, they will continue to make arbitrary decisions like these.
op has his own agenda, this channel looks like trash.
youtube supporting "influencers" aka scammers. they also removed the thislike button for what. for positivity purposes i bet nope
use youtube vanced to boicot them
say bye bye youtube premium! officially unsubsubscribed. won't make another dime off me. you wanna clean up the crypto currency issues relative to crypto scams? remove every single one. until then every inch of respect ans trust lost.
you mean buttboy crypto
wtf? half of their ads are scams, some callously blatant at that. you see them and think, someone at youtube is clearly not doing their job because this shit is too obvious. like maybe start screening your ads like any normal fucking company that offers an advertising platform.
yeah. ya gotta go to alt social media to find real info. rubetube promotes scammers. . all the big search engines, and platforms are full of shilocks and hucksters.
*wallets show up in google search instead of domains of the actual wallets* ' this is also a really really big problem for everybody and google should take care of it...
how is bitboy scamming?
this stunt just made me buy more bc
bitcoin is the best thing humans have ever created
we need to make new youtube asap
bitboy is the absolute worst this space has to offer.
bitboy is still carrying out his shenanigans? lmao about 4 weeks ago, i saw a digital bitboy billboard coming back from sf
why is bitboy a scammer? i do not like his videos, but do not understand why he is a scammer?
youtube is killing itself with this and other types of bans. they barely follow their own guidelines.
huh? from the same platform that hosts thousands of videos for every scam token ever created?
it's time to terminate youtube.
op is shiling his own youtube channel
this is ridiculous and also one of the reasons i'm using watching youtube less and less. it's hard to find quality content, and, when you do this kind of content does not get the same reach as scammers like bitboy, carl from the moon and mmcrypto.
consider using odysee. youtube is not your alcoholic mom whom you cannot leave.
plot twist. they both are a scam.
more to the point i dont watch bitboy but is he a skemmer?
this could happen to anyone and not everyone has as big audience as bitcoin magazine.
it just emphasizes the way the social media companies use bots and filters to include. the only way that humans get involved is when...some human or group of humans are irritated by the removal.
also hundreds of elon musk, spacex, tesla etc crypto scam channels using embeds and bots to appear legit... not getting banned
every single thing google does needs to be replaced .
avoid this shit platform like google or youtube
youtube is getting bagged on latly
yt also promotes ads on there service with blatant scams.
youtube is garbage, make another platform or move to rumble to help destroy youtube for good
can't really take any youtubers etc seriously, they get paid crazy money to shill a new coin every other day.
benjamin cowen is also still allowed to post videos, despite regurgitating the same basic information again and again and shilling his monthly subscription. at least it is no pump and dump, but one could argue it just targets another kind of prey.
at this point youtube is starting to become worse than facebook
fun fact: vitalik's first job about blockchain was writing for bitcoin magazine, he got paid 5 bitcoins for every article he wrote. source:
you could use crator from egc coming soon
this is why we need a decentralized video streaming service.
no one should be subscribed to fatboy crypto. absolute shit content
channel is back!!! the resistance of all the bitcoiners also made this possible
wtff? why did they take it down?
at this point i genuinely think youtube might just be promoting scammers
i never ever watch any youtube videos on this reddit -they are 99% useless
where did dtube go? was it destroyed by the whole steem-tron debacle?
youtube is owned by google. what else do people expect? lol
2009-2012 youtube was the best
serious question, anyone here have an alternative for youtube to recommend that has a decent amount of active contributors? because so far nothing compares but man would i love for something like rumble to have as much content without being attached to google.
youtube is so cringe
youtube needs a rival competitor that can stand up against them. they are too big and are typical schoolyard bullies!!! we should start a petition against them. let’s make this go seriously viral!!
“scam others” how ironic
defund the internet !! internet 3.0 on blockchain…🤔🤔🤔
there's something up with youtube. i get paid-for ads by scammers (send me 1 eth and i'll send you 2) when i watch youtube on smart tv. search for "metaverse" on youtube and you only get shown the most negative, professionally made video content they have made viral.
scammers are better marketers and have sexier value propositions. youtube makes more money off the ad revenue. the problem with youtube is that marketing expertise is always rewarded over practical experience in your topic. there’s an ability to create a lot of un-necessacery information. that’s why i don’t like it as a learning platform. bitcoin magazine should make a udemy course!
bitboy has done lot of actions on past behavior and compensated distx people too. people are too critical about him in this channel
i hate it when someone i like has bitboy on their channel. he’s literally a guy who got lucky masquerading as some warren buffett expert figure to have his bags pumped. fuck him.
bitboy is a shill for the elite. he just doesn’t realize it. helps milllions of people loose millions on bybit
looks like their yt channel is back up. perhaps they should put their channel up on a decentralized blockchain alternative to youtube i.e. odysee or the like. creators as well as watchers earn crypto for using it.
i cannot believe youtube, all of which's decisions, as we know, are made by one person, would have contradictory practices!
they'll probably get re-instated. it's growing pains. algorithms and all that. some of these channels are big enough where they could actually host and support their own video streams. they should start looking into that rather than solely relying on algorithm driven. pros and cons.
youtube has been garbage for the last 8 years. it's whole thing is just to get that watch time and as long as you do not swear you can peddle anything you want. they block and ban people who make too much noise.
i am sure there are a few that would be happy to upload your videos. if we get banned we get banned... it would be for a great cause!!
youtube under führer susan has really gone to shit
time to start finding physical locations of youtube...
maybe youtube invested in eth
now is the time to stand up to they tyrants at twitter and facebook. how long will we just keep getting angry but do nothing? you can’t tell me nothing can be done! there are millions of users that can make them fold, we all just need to come together and have one voice! force them to their knees!
they need to ban every crypto channel that has gaping mouths on the thumbnails it's how you instantly see the ones that are a totally waste of time.
with them hiding downvotes, it’s becoming almost unusable for thiscovery these days. another thing for bitcoin to fix!
youtube is exactly why we need web3
there’s a 98% chance they get their youtube account back in the next few days. this happens all the time to almost every crypto channel. then the channel owners flip out and yells censorship and it usually turns out it was a mistake by the youtube algo and they get their channel back.
why is it a surprise that power squashes information and innovation if it threatens power? it’s sad but that’s humanity for ya. sad as hell and i only wish we could figure out a way to stop it.
that’s how youtube is run. it’s by design.
after the ban, search results for live bitcoin content yielded.
thats why i'm gonna use vimeo until something better comes along.
more and more people find out that youtube, twitter and facebook am not no open internet community with free speech. they are private owned companies that can do what they want.
unfortunately youtube has no way to constantly monitor these things... did the give a reason for terminating bitcoin mag?
what’s the beef with bitboy? always found him quite helpful
it is like a badge of honor , if you have not been banned at least once your doing it all wrong haha .
what's a youtube alternative?
it's bad whatever the youtube has been doing is not good.
about a month or two they took down the account of pompliano, which is one of the best bitcoiners.
who is surprised about this? big government loves control. the more the better decentralized finance. not their system, not their money, less control youtube is owned by google, google wants control just like big gov. many of those people are in the same circles of power. shared interest by yt and big gov to reduce the prominence of crypto so as they have more control, not less because of the decentralizing factor of crypto. they are promoting scams why? they want people to lose faith in defi, not have good experiences with it. they want people to hate crypto because that allows their platform to grow stronger. fuck yt, fuck google, and mark zuckerfuck.
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fuck youtube. …now repeat
are people really still using youtube? rumble is where it’s at especially if you’re a creator
how does bitboy scam people? i've made a boatload of money watching him.
use brave browser!!!! literally, ads never come up on youtube. both mobile and desktop with yt. and fuck chrome its a google product.
what's the difference between that and what you all do here? you cannot be so picky and choosy - it is the internet. if you warn dumbasses and they lose their money why do you care? a lot of the opinions on this sub are pulled from people's asses who have no relation to anyone involved. we're all "experts" except somehow your opinion is worth more than someone else's? sounds like narcissism. you do not want people "shilling" anything that you did not buy. salty af, y'all. 🤡✌️
their mission statement is woke now the platform is broke.
how is he a scammer? you provided 0 evidence ... must work for cnn
good. bye bye crypto
bitcoinmagazine is a propaganda outlet. and besides, the maxis are already locked in a pit of delusional despair. they think some war is on against bitcoin; but that would be like 1948 germans saying that the us was engaged in a "war" against germany. the war is over. bitcoin lost. yeah it won the bcash battle, but it lost the control war. it's co-opted by financial elites, and it will never be a real digital freedom money. besides, they track everything, it is even worse than the regular system at tracking people. yes google are pieces of shit, they do this on purpose. one purpose is they want to attack crypto. but the other purpose is they want to help maxis maintain their delusions about "the war on bitcoin."
crypto is a giant scam they should remove dangerous content got all this shit is fucking up the main feed you fucking human degenerates the asses of history
use brave browser 👍
people still use youtube? are they also running windows 95?
in a couple of years, people in china will have more freedom of speech than americans.
youtube is going crazy since about 2 years... so many good channels that got deleted for no reason, even without having strikes prior. then the weird advertisement, removal of the thislike button, shadow banning content, etc... i actually like yt and was a regular consumer, sad to see it go down the hill that fast. although we can already see some signs, i really hope the same does not happen to reddit once it is gone public...
don't support youtube, google youtube vanced, thank me later. been using it years, zero ads and you can close the app.
man i'm so fucking done with youtube. the unskipable ads, the terrible fucking ui, the lack of focus on user experience and the decisions they made to please advertisers (removing thislike button) should make people realise how worse it has gotten. at this point pornhub should just come up with a youtube alternative. they have the money and the tech, all they need is resolution.
i agree that youtube is no longer as user-friendly as it used to be
hundreds of people fall for phishing link scams on google. you'd think a trillion dollar company google, whose main source of revenue is ads would have ways to prevent scammers inserting phishing links to the top of search results via google ad campaigns? but no... almost every major crypto wallets have been targeted by phishing campaigns with ads that have been approved by google. people have lost so much money here
they did it to protect politicians and corporations from getting mass downvoted, i guess they also count as scammers anyway.
they support scammers , they must sell ads
scammers and blocked comments f.
they’re the second most responsible for the spread of extremism, terrorism, and conspiracies behind facebook. and they’ve known how harmful their algorithm is for years. fuck youtube, never click suggested videos
i watch a few youtubers that used to make videos exposing scams and teaching people how to stay away from them. the videos were struck for "promoting scams".
better get on contentos, crypto youtube
every year they just find new ways to piss off their viewers.
google's motto of "do not be evil" is phony.
they did not remove the thislike button just the label that shows the number of thislikes.
i agree to you.
you can get the thislike button back with a free add-on [
that's the whole point. if a video has 90% thislikes, someone is not going to watch a video. without thislikes it forces a person to watch for themselves. youtube needs people to watch videos
it is my duty to share the info that you can get an extension for any web browser to view the thislike button. its called "return youtube thislike". it takes 2 second to download and then youre able to see the thislikes, just like old youtube 👍🏻. but god, what a terrible decision by them lmfao
allowing the creator to block comments does not help either
been using invidious for quite some time. it’s just a front end for youtube and removes ads, doesn’t track you etc. i even installed a plug-in in ff to forward all youtube videos to invidious. it takes sometime to get used to the ui, but all in all it’s a better experience for me.
it terrifies me to think what would reddit be like if it removed it’s thislike button
but they had to remove it since normal people were using it against leftists. we need to protect the public against morons that put rights above being a good subject.
a few years back google had a feature where you could ban a website in your searches. it was fantastic. search for something and get crap responses? click click click. they would never show up again. and then a few months later they turned it off.
they love scammers because it further destroys society. they are owned by google, the "we do not do evil" wink wink company. they are so evil that it is hilarious at this point.
they handed the crypto scam industry free reign to do whatever they want by removing thislikes
facts are bad scams are good didn’t you get the new pandemic memo
livestreams promoting doubtful results with a sense of urgency typical of scamming activities
exactly and it constrains a liberty which i’m gonna miss
all that matters for youtube is their bottom line. unfortunately that includes scammers
i just started my own channel couple weeks ago. i do not really have much now but i'll do my best to really try and make the best content i can create. here's a link to my first project that i just released today. i do realize a lot of our is common sense to experienced traders but i was looking to help out someone new that does not really have an idea on where to start or maybe even someone who's first experience in crypto was following a shiller on youtube. give it a shot, i never done anything like this before and i put a lot into this.
the monopoly that youtube has on the content creation industry is actually sickening.
you should check out odysee. it looks like an up and coming blockchain based version of youtube
would be interested to see the reason they gave for blocking it. not that i’m supporting them.
> can you imagine if your isp was allowed to just block access what do you mean imagine? they already can and doing it
it's a business...they have to make decisions based on profit. if they let people post whatever they want all the ad money will thisappear and the site would be over. the advertisers decide what they will and would not spend their money on and companies that rely on that money have to abide by those standards. you can create a decentralized video sharing site easily but the only people that will use it are people who want to post things that no one else wants to host. and no one will put ad money on a site like that so there will be no money in it. and with no money in it no one will spend their time creating content for it. i know it seems like some big conspiracy to silence people but really it is just business economics.
i see no abuse or a company thinking it is "omnipotent." google acts like the private company it is, if i post on their platform - i fully expect them to remove content that they do not agree with - ethically (or lack therof), politically, health of advertising revenue, public opinion, mark z. has a bias, it does not matter. they own the platform, it is not a public service, they can kick anybody off, anytime, for anything. their right to exercise. if someone came in my house and spoke about any topic and i kicked them out because of that, that is not censorship or abuse of power - that is called my house my rules.
your isp isn’t hosting all of duckduckgo like it or not, people choose to upload their content to google and google can choose to not have it on their servers
you realize someone owns all the storage that is housing all the shit uploaded to youtube, they have to *at least* feign like they give a shit.
[ its still on testnet but i have hope.
> if there is one more thisruption that hopefully gets sparked by public blockchain technology, it needs to be video sharing websites like youtube. [odysee](
vybit is what you mean
>clearly, a centralized figure has received too much power and is now abusing it left and right "for our protection." that exactly is what's the decentralized 'web3' and blockchain technology is about. it'll take time and some technological advances to bring the costs down to mass adoption though.
i use duckduckgo and my isp already blocks some sites
it's already here: [odysee.com](
we need some decentralised app to host all the content that youtube has.
gaze.cash remember when bitcoin was going to change the world? noise.cash read.cash
yea and the channel is pretty shit tbh. is the op shilling his own youtube chan?
it is truly amazing (and depressing) that we allowed a commodity as massive and powerful as the internet to be controlled by a few companies that all share the same zip code in california.
the channel is back up. op is probably shilling their own account.
this happens with facebook, twitter, youtube. and not only in crypto scene. i really hope people will not accept this bullshit and start moving to other, less censored platforms.
>step 1: monopolize the internet step 0: do not blindly believe the headline, it is a pretty shitty channel. yes, youtube is full of shit, but simply believing op because he said "youtube hates bitcoin" seems a bit much to me. we need some kind of sources and so on ... you know so we can dyor and so on.
bullish on step 3
it's so easy to get a channel taken down with false dcma takedowns. also this channel only has sixty thousands subs, that is practically nothing. especially in the grand scheme of other crypto related channels
it'll take time but it will happen surely. it's gonna happen i'm sure.
that is the true way!
contentos = decentralized youtube for those who do not know
wut? google bought it the same year it was released
let's hope reddit does not do the same when it goes public...
just wait til reddit goes public
can we please all just switch to something else. fuck youtube. it's thisgusting. we need another option.
tool , it has become a puppet tool
they are the prime example why monopolies are bad and should be stopped.
i fear i have gone too far, but i know it is necessary to do.
i'm on youtube as little as possible. the only google product i use daily is the android software that runs my smart tv.
it's a lot harder than one would think. i've been missing a good amount of features on my galaxy s20 ever since i removed
they might be the most difficult company to separate from. was no brainer to do facebook. never needed apple. micro, otherwise ezpz. google is tough though, they control a large portion of the internet.
he has been directly involved in 7 scams, and he deleted the evidence for most of it but the internet doesnt forget r/
he loves to get involved with rug pulls and then deletes old content to hide it after the rug has been pulled.
shiller and shit chaser
check out the most recent scam he pulled with other influencers regarding kasta. 12 influencers all pumped kasta and at launch on a shady exchange they dumped on everyone while nobody else could sell.
we'll have that, but it will take some time. but we'll surely be there.
all competition for big tech gets demonized in the media, so ppl think they’re for crazies, etc
it’s insane how big youtube has gotten.
somebody needs to step up and do this. youtube has gone too far
that’s reddit for me
says the man on reddit
has always been a dumpster fire.
it's also nice that you can receive bat from people as well if they like your channel
it’s a shame because it actually used to be back in the day. now it’s like they censor the education for more mind numbing content.
there’s so much educational content on youtube if you know where to look…
then you should check out skillshare *have you ever wanted to learn how to do something out of the ordinary or interesting like making your own drugs? well you can, by taking classes online at skillshare.com, which are taught by instructors and have their own meth labs. heck, i learned to cut product by using skillshare. so what are you waiting around for? there are dozens of online courses that you can take ranging from chemistry, all the way to fingerbanging! be sure to check for my referral link in the description after watching this video for a free week trial courtesy of skillshare! it’s thanks to them i can provide content to you guys as often as i do, so i thank skillshare for sponsoring this video.*
anything worth saying will be transcribed to text and searchable.
is that a conservative based one?
…that’s what they all say. you’ll continue sucking on their teet of convenience though
this will never happen because 99% of business will not show their advertising on a platform that does not uphold ad friendly standards. so you can make the platform but there will be no money in it and since there is no money to be made no one is going to spend their time and energy creating content for it. this is not random censorship, it is companies deciding where they will spend their ad dollars and youtube does everything it has to in order to keep and grow those ad dollars. its just simple economics really.
go woke go broke is one of the dumbest most untrue quotes you people seem to unironically parrot, which is hilarious.
i gather it only affects what youtube will try to guess it will show you. it does not inform other users people thislike it.
there are odysee and theta
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^ found bitboy's alt
[unskipplable ad] [5 sec skippable ad] i agree with you and there is a few more things i want to say, but first a message from our sponsor skillshare. *have you ever wanted to learn how to do something out of the ordinary or interesting like making your own drugs? well you can, by taking classes online at skillshare.com, which are taught by instructors and have their own meth labs. heck, i learned to cut product by using skillshare. so what are you waiting around for? there are dozens of online courses that you can take ranging from physics, all the way to fingerbanging! be sure to check for my referral link in the description after watching this video for a free week trial courtesy of skillshare! it’s thanks to them i can provide content to you guys as often as i do, so i thank skillshare for sponsoring this video.* so yeah i agree with you [another ad]
i’m a big fan of brave browser. not only for the bat awards (except on my stupid iphone where i use it mostly) but it blocks ads on youtube. and also you can minimize the browser and still play the youtube audio in the back, though it seems like brave and youtube are fighting for control and it only works some of the times. for now it makes an otherwise unbearable youtube a little better
use ad block. i have not seen an internet ad since 2005. and no, i do not care about supporting websites. on reddit, i buy premium every now and then.
i have not seen a single youtube ad in a very long time. just use firefox with a number of addons to clean and customize your yt experience.
dude, use brave browser. it pays you bat, and was created by the bat team (with people who created mozilla involved) to get the tiny ads that popup (which you can thisable completely if you want) and you would not see yt ads. it runs on the chrome backbone so it will feel totally familiar as well. on your phone, get youtube vanced. its a .apk you get by downloading their vanced manager, which makes doing updates as simple as pressing one button in their app. just google it and youll find their site to download and install. blocks everything and let us the audio it run in the background as well
pornhub could, but they are fighting their own battles with bad moderation. the problem is neither company wants to pay full time, well trained moderation teams because the sheer volume of content needs an army to moderate it and that will wreck their profit margins.
does theta solve this?
are there any other alternatives?
they already have 4k
wtf is happening with youtube?
you have ads on youtube? haven't seen one in years, use brave mate.
for the ads, install adblock for youtube on desktop devices and youtube vanced on android devices. you will never look back.
agree with you, however adblock works great on firefox. i only use youtube on firefox 😊 fuck their ads especially the ones that play mid video. i was cool with the one at the beginning but then interrupting a video for an ad i can’t skip? fuck off
rumble is the future, byebye youtube and twitter will be gone soon too, no one wants someone controlling their internet, this is america not a communist country...hmmmm...
what are the chances brave gets into hardware? i'd love to purchase, for example, a bravebook so that i can run the browser without all of the clankiness i get attempting to run literally any browser other than chrome on my chromebook.
i used to use ad block for chrome. now i use brave since it is a bit faster. works quite well for youtube. even heard a few good things about mozilla for privacy also
brave browser, best way to use youtube on desktop
adblock, i always forget youtube has ads until i watch something on my phone.
ublock origin my friend.
get some ad block. i have not watched a youtube ad in ages. lol using google chrome to take away revenue from google
just use youtube blocker dude.
why do not you just use a player that blocks ads?
you should try youtube vanced.
>unskipable ads use brave
not a completely crazy idea. obviously they wouldn’t have to associate it with pornhub whatsoever, just take the tech, re-skin and take on youtube! fuck those cunts
i remember when i was first done with youtube.
i do not watch any youtube ads. what browser, plugins, and os do you use? if you are a crypto-head, surely you are techie enough to block them. for example, try r
try twitter (), ad before every video…
try noscript extension if you want to block ads on yt, bit of a pain to setup initially as you have to whitelist domains 1 by 1 and you do have to pay attention to make sure you only whitelist the domains serving the content and leave the ad domains blocked, but it works.
youtube vanced for android is the way forward
two unskippable adds one after the other. ridiculous copyright takedowns. they'll keep going as there is no viable alternative.
unskippable ads are not a problem if you use adblocksrs lol
i dunno man i see some good 4k shit on pornhub. i would tip them sats in vr
come use peertube :)
you have ads on youtube? i figured everyone used ublock origin or something similar.
i’ve been waiting for ‘new youtube’ since google got rid of streaming with friends, was so cool and i doubt most people even remember what i’m talking about. since then, it’s only gone downhill, with ads, removing content bc copyright (on accounts that don’t monetize), and removing edgy content while allowing toxicity like scams and those weird pregnant cartoon type videos that target children.
people still don’t use adblocker?
i've not seen an advert on youtube in years, you need to layer ad blockers. i have six installed.
ublock origin is free and open source :)
ublock origin - best adblocker return youtube dislike - extension
removing the thislike button was such a fucking thisgusting thing to do.
i skip able add? you clearly haven’t heard of adblocker. i’m shocked more ppl don’t know about this. there is even a version for mobile lol
install an ad blocker. make em waste resources for no gain
there's bound to be another large company that will see how much people hate youtube but use it because there is not an alternative. all it takes is one good competitor and youtube is done. years of not listening to their users is going to catch up to them eventually whether they like it or not.
brave browser or ublock, because fuck youtube.
bro the double ads are driving me insane apple needs to release an adblock of some sort
lol wtf are you doing watching youtube without adblock? btw if you're on android you can get youtube vanced to block ads for free
could smart contracts be used to host video in the same way nft's are using them?
wow wtf i just noticed that. i see the button but no neg numbers. that is the dumbest shit i have seen. you are right they keep getting worse. i used to use that and did not even notice it gone lol. i noticed something was off but it just clicked.
i have adblock on my pc and brave on my phone. so much better
ever hear of contentos? they are a blockchain based alternative that focuses on freedom and user input. currently in beta stage atm. not sure how it will play out long term but i have my eye on that project.
how about odysee as alternative ? do you think it is on par or are there others ?
i’m not sure if you use youtube on computer or not - but download an ad blocker. makes youtube watching 100% better... sucks that it doesn’t help the creators but i blame youtube and don’t feel bad.
is ads your problem??? move to brave. zero ads there ,plus earn some bat tokens!!?
adblocker is a must to use youtube
use the brave browser
no ads if you use brave browser.
for the ads the solution could be use the browser brave
i'm so fucking done with google in general. i've been moving away from them steadily and will pay for services to get away from their shitty practices. fuck google search, fuck chrome, fuck youtube and fuck gmail. large companies are being só intrusive it is not even bearable anymore. black mirror? no thanks i'm good.
you can skip ads if you use youtube vanced
swaggaland, please do yourself a favor and google "ublockorigin" and install that add-on extension to whichever browser you're using. voila! you will never see another youtube ad again...ever! plus, "ublockorigin" is like an anti-adware that will also protect you from those fake inescapable pop-up ads that you cannot close out of. your quality of life will be so much better afterward.
unskippable ads? in 5 seconds you can install adblock for free and never see an ad again. i forget youtube even has ads.
hmmm. there's a thought, i should just start posting video painting tutorials of my 40k models over on pornhub. i honestly wonder how it would be recieved?
this is why i think a decentralised alternative will replace youtube in years to come. i think lbry and apps build on it is a possible contender, but it is early days.
if you want to get rid of the ads, use brave. atleast you get paid for the ads then too! but yeah it is getting incredibly hard to like youtube now.
i never understood the fuss anyway. i barely use it. when i do it is for random shit like making a wine rack or watching save a fox videos. spend more time on thiscord and twitter.
unskipable ads? how are you not browsing with ad blockers in 2022?? i have them on my phone as well. adblock on chrome on pc, brave with adblock on phone and vanced youtube on phone (no ads, custom ui and no sponsor segments!!)
you know there are multiple youtube alternatives out there, right? there's bitchute, odysee and several others.
laughs in youtube vanced
we live in 2022 and people still watch ads?
new pipe on android
but it’s already too late , where else can we go besides youtube ?
get ublock origin, sponsorblock and return youtube dislike, it’s made my life much better
instead of the well-founded, carefully constructed informational and educational content.
if you use android, try using youtube vanced. it's one of the best decisions you'll ever make
then stop watching youtube
use brave browser and never see an ad again plus you earn some bat while your at it, granted i’ve been using it for over a year and made a whole 2 bucks but hey free coins are free coins.
if you're on browser just use brave or get an ad block
i really like when the ads loop gets stuck on repeat and you watch 8 sets of 2 ads at 3:00 each. every once in a while you get them in a language you dont speak too, that is always fun. no bueno youtube
download freetube. no ads no bs. simple ui. can subscribe and make playlists without login (virtual accounts). it uses an instance of another youtube alt site as an intermediary, which means youtube doesnt see what youre doing. - add youtube-dl + youtube-dlg alternative (forgot name at the moment). lets you download videos and whole channels without any cookies or telemetry. all free and open-source.
use brave browser, you will never see an ad on youtube. shocking how little people know about this great browser.
what do you mean by terrible ui? only bad thing i remember rn is watching livestreams with chat sucks
browse youtube on your desktop using freetube on your phone use newpipe a vastly superior experience to their app and website
on mobile if you're not using an alternative app when i wands read the comments i get like 3 ads at the end after the video had ended and this takes you out of the section like wtf i just gave up on reading them
unlimited, infinite data storage combined with literally being on billions of devices is not something anyone can just offer. good luck to the competition. there 20 hour long videos of a 1 second gif looped. you probably would not get nonsense like that allowed on anything but youtube.
we're still pushing this myth that the thislike button is due to advertisers?? when will this end?
don't forget about the bullshit recommendations. yoi are watching 5 vids from a channel? lets just not recommend any of that channel that you might like, instead we will give you 10 videos that you watched and another 10 that are not even related to the topic
if you do not want ads then download youtube vanced from internet, no ads, and videos keep playing in background.
take youtube vanced at least you get rid of the ads. most interesting content is uploaded to youtube unfortunately.
the reason why i'm using brave, plus we get some bat :)
totally agree with you.
fuck em. you can use premium without ads for free... there are tons of tutorials on youtube, what a coincidence how to do it haha.
what are you going to do? watch vimeo?
any alternatives you would recommend?
use brave and you won’t see any add
damn i never click the ad results on google out of principle but now i'm happy i never do
they love to see scams
do you think bitchute, odysee, piped and other alts combined with sites like vimeo have a chance to thisrupt their monopoly in light of recent censorship, ad, and lower comission practices?
this is why joe rogan went to spotify, to get away from youtube & their censorship. there are not many options for an a, sites like vimeo would break. joe used to complain about takedowns all the time, or say "do not play that, we'll get a takedown" when he could argue fair use for the majority of it. he's too big to take his whole channel down, but smaller players are not so lucky. you need an army of fans, which bitcoin has, so the channel might go back up. but it is a sad state of affairs, hopefully stuff like this will spark an alternative.
is there an info page on how this is integrated with a blockchain and the architecture it is built with?
i'm bullish on web 3.0
and also [3speak.tv]( which is lesser known at the moment, but has a lot of potential.
youtube will probably backtrack and reinstate their account, citing a vague policy of theirs that was clearly misapplied in this case to justify their process here
they'll say that they were spreading misinformation or something.
it’s not a conspiracy. it’s exactly like you said, everything is driven by financials. if that’s the case, how can you trust the content? you’re already having to wade through constant youtubers to see who is shilling. no different than the 6 o’clock news sponsored by the big boys. what narrative do we want to push tonight? so yeah, i’d love to see a thisruption of that. truth should trump profits.
cool. so i’ll definitely be advocating for the decentralized version of that. where agenda of shareholders or profits are not dictating the filter of truth. (e.g. imagine no videos about ad blockers being allowed because google’s main source of revenue is ads.) and google did morph into something “omnipotent”: remember when they used to have a clause of text that said “don’t be evil”? but again, this is what happens when there is no competition in sight. where are you going to go… vimeo? like you said, google’s house, google’s rules. and time and time again, we now know for sure that google certainly only looks out for google.
this is the wrong fear. just because there would be no central figure that’s in charge, does not mean there cannot be mechanisms in place to thiscern right from wrong.
it's a terrible thing, and there will be many other terrible applications of crypto tech, but we cannot stop because governments, companies, laws, are not going to be reasonable when crushing us.
[joined jan 28, 2019]( according to the channel's about page. (and none of their videos seem to predate that)
someone making a deceptive post in line with his opinion and thousands of people suddenly believe him without questioning. welcome to reddit. this kind of posts got out of control recently.
this guy fucks google in the ass
someone should make a youtube download button plugin. make it a third party community thing instead.
but but. mental health of scammers important.
you tube is garbage anyway
they told us that it was just an experiment and removed completely.
>seeing if a video was downvoted to death helped show if the content was worth watching. not always. i've seen many 'okay' videos that were for some reason thisliked. some people thislike just because everyone else did.
it's historically barely even turned a profit either. maybe things have changed ever since they doubled the amount of ads and is earning them money can you imagine if they abandoned youtube since it is not very profitable? that would be a major blow to our very culture i've seen google abandon projects before, like tilt brush a vr application where you could host all your beautiful vr art and view the works of others. the server costs to continue hosting all these works of art unfortunately was too much, and we lost a lot of things we would not ever see again.
that’s what i’m saying lol.
reddit will fuck us up lol, here too will be ducked up policies.
it's all it is, it is used for spreading the propaganda right now.
what did you do lol, it is not that far thou. you're fine my guy.
i use youtube for the podcasts nothing else, good podcasts.
sadly i use yt as my main, if not only, video content site. i dont watch tv or movies, and if im not yting im either on reddit, playing with my kid, or working.
i think i'd just go without a tv if i had to get one of them "smart" ones tbh. my inlaws have one and it is terrible
it again comes down to convenience, how much you can give up.
you are still using some sort of service from microsoft most likely (azure). and i’d say amazon due to aws is the most difficult one. heck most crypto is on aws lol.
professional scammers do that
bitboy was promoting this shit, and they ran away with the money.
*fuck social media!!* -he posted on reddit
pretty much all alternatives to the popular social media start because of "mah freedumbs" and "let me post hate speech". did a quick google, and yeah, rumble is a toxic shithole. basically all the worst things about youtube amplified.
they are a free speech platform. did they come to prominence following youtube censoring conservatives...sure. are the early adopter's people fed up with being censored by youtube, yes. is it still a free speech platform where content creators can rely on not getting censored for legal speech, absolutely.
shouldn’t matter as long as they don’t censor like google …
your mom's name is convenience? that's odd.
you sound really insecure.
more like a fan boy
i've been a youtube premium member for years. the removal of the thislike button and the biased censorship made me cancel my membership last month and now i just use the youtube vanced app, all the benefits of premium for free. i recommend checking it out.
you guys are getting 5 sec ads? i live in germany and i get fucking 20 sec ads here
holy shit. targeted ads are way better than i thought.
uhh, free adblocker? switch to brave if it gets through your other browsers
hahaha i love it
i use brave and the [sponsor block]( plugin to skip even these promotions. it's crowd sourced so not all sponsors are blocked
if i wanted to give reddit my money i’d give you an award. thanks for the chuckle
>[unskipplable ad] > >[5 sec skippable ad] _paid for service. no ads._ >i agree with you and there is a few more things i want to say, but first a message from our sponsor skillshare. *skip, skip, skip* >... thanks to them i can provide content to you guys as often as i do, so i thank skillshare for sponsoring this video.* > >so yeah i agree with you *done* >[another ad] _paid service. no ad._
ublock origin on desktop and vanced on mobile. haven't seen a youtube ad in years.
i use youtube on brave browser. the ads are non-existent for me.
i’d like to introduce to you the awesome browser extension “sponsor block.” when combined with any script……... just try it.
yesterdays ad for me that made my head spin was for yield farming and indicating 5000% apy. they showed examples of returns as high as 190,000%. “if you put in ,000 you can get returns as high as ,000”. in the commercial they did say that the return wouldn’t be all the time, but even a small spike would double, triple or quadruple your investment. i have no idea why youtube lets obvious scams exist in their advertising. of course the answer is money. but branding should be worth more. i’m sure they could always run another ad as opposed to one that’s designed to steal their users money.
get sponsorblock for those sponsored segments adblock cannot detect, and ublock (or a good alternative) for the ads.
i only watch youtube vids at home now on my pc. the adblocker makes youtube watchable again.
lmao, i appreciate how much time it went in writing it.
i use android!accidentally found newpipe - free, youtube app alternative - no ads, play minimized, download, bookmarks, download only audio if you want , playlists, etc ' everything you'd want from a paid app for free , very good.
i came here to say this. brave browser is incredible for this
best is firefox with several different adblocker extensions. if one does not catch it, another will. i never see ads.
yeah why don’t they allow bat rewards on iphone? that’s where i use it almost exclusively as well…
y'all brave fanatics plug its adblocker like other browsers have not had one for 10+ years smh.
brave is okay, but the money it pays is not worth the adds it serves you imho. also, firefox with some extensions definitely wins out on utility for me (thank you, sponsorblock). on top of that, brave's ceo is kind of a dick; but it is understandable if you just care about the product.
i use the brave browser in the same way you do. the ads were minimal then just spiralled out of control. bitchute, odysee, lbry are all growing thanks to youtube censorship and ads galore.
i use brave for all my browsing, and since i'm on android i've been using youtube vanced for a quite a long time without issues. no ads, and they are adding back thislikes soon (colab with bring back thislike button chrome extension).
youtube will just ban brave browsers in the end
how does it block youtube ads?? i use brave but still get the stupid fuckin ads
google and install "ublockorigin" on your browser as an add-on extension to never see another youtube ad again; it will also protect you from ever getting another inescapable pop-up ad box. not not many people know about this.
brave browser is great!
holy fuck... mind=blown! i've been using brave for months and had no idea you could do these things for youtube! haha i'll also note that if you have a vpn it also blocks ads on websites and other apps that show ads like google news and weather channel app!
youtube is a lot better experience on the brave browser tbh.
you're obviously free to do what you like with the money - but maybe consider wikipedia instead of reddit, just my opinion, but, i think they deserve it a lot more than this dive.
you had me until the last part
> and no, i do not care about supporting websites. > > > > on reddit, i buy premium every now and then. lol. "i do not support websites but i'll pitch in for a coffee for some multimillionaires".
on pc yeah that is what i do too, but it sucks when i have to watch youtube on my phone. tortuous experience.
i have to laugh every time someone suggest pornhub could make a viable alternative. imagine if instead of the adpocalypse, youtube just yeeted 90% of all videos off the site, like pornhub did in response to their latest, uhh, controversy? also, you do not like youtube ads? youtube is basically ad-free compared to pornhub. like, pornhub still has pop-up ads you guys.
just use ublock origin on desktop browsers. you do not need a dedicated adblocker for youtube.
who owns rumble? and will they sell us out for billions is the better question?? remember, youtube was originally owned by 3 college guys once upon a time ...
how do justify when an honest content creator puts out a video only to get barraged by downvote troll armies?
they probably know that this stuff has been going on yet they do nothing.
okay. i guess it wasn’t the + deal he got from spotify that made him move. edit: just remembered this and since “a few” people think joe rogan moved away from yt because of censorship: did y’all forget that joe rogan removed several episodes from his back-catalogue to “appease” spotify before signing his deal with them? lol.
you can probably find some stuff on the github, should be there.
i hope some decentralised alternative option comes for youtube.
web 4.0 will be the true innovation ![gif](emoteemo_pack_1dyor)
yeah i've heard about it, and it seems like a good idea not gonna lie.
they definitely nuke first, ask questions later.
>truth should trump profits. it should but in our current economic model it never will. it's not just corporate profits though it is everywhere. if you personally wanted to make content for a video sharing site, the kind of content that is well done, it would cost you money. if you have no chance of making money or at least paying for all your time and effort would you do it? i mean maybe if you were already rich and did not have to work to support yourself but otherwise probably not. and we do not want only rich people to be the ones making content. it is the core of how the world currently functions unfortunately. the only thing you can do is figure out for yourself who to trust and how to curate the content you view and unfortunately most people are quite bad at this. that's why people who create conspiracy theory based content with ideas like 'youtube is censoring the world so it can push a political narrative' get lots of clicks even though it is the kind of content that should be avoided. but as we get more savvy to social media hopefully this will improve.
no ad revenue... is there a paywall per video? what's the incentive for creators to spend days planning, creating, and editing content? who is going to pay all the video hosting fees? is there a free decentralized cloud service that can serve the entire world 4k+ videos that are being uploaded all day, every day, that first have to be transcoded by the gigabyte?
they have some old videos too, probably from archive.
people need to be aware of their own biases, cause holy shit. my first thought "why was it taken down though?" no information, just "i was banned because youtube hates bitcoin". always ask for sources people, you tout "dyor" yet you dont.
from the three videos i clicked on i did not find them to be malicious, just useless. i highly doubt google dedicates the resources to go around banning bitcoin based channels at random. there was either a misstep or miscommunication about their tos being violated, or a decent amount of people were reporting their videos over & over.
it's fucking malicious, bitcoin magazine is a propaganda channel of blockstream it's completely biased in favor of btc which is always amazing, cannot do any wrong and blockstream their liquid products (which are shit and hardly anybody uses them) are always the best and most promoted. same with ln (which does not work economically cause you cannot receive money when you are broke unless somebody else opens a channel for you and pays for it which is completely idiotic since then you might as well use on chain payments) it shits all over ethereum, avax, and especially monero and bch. sure it has a bunch of tech bloggers that are definitely not on team visa. and before anybody starts biching go search the parathise and panama papers and you will find that blockstream, just using shell constructions. and they all got funded by the digital currency group which was started and funded by the same venture capitalists as visa. and this explains why 13 years after bitcoin was invented we have less adoption then in 2015 when steam and microsoft accepted it directly, instantly and with a low fee. so now these fuck faces that have completely splintered the entire crypto ecosystem in to little tribes that all fight each other rather then work together and fight the powers that be. now these fuck cases are complaining about censorship from a bigger whale then them? google could annihilate these guys online and it would serve them well. in 2015 these assholes hijacked .org, 6000 btc that was meant to upgrade the forum was stolen by . if you are new to crypto,read and weep --> now most og bitcoiners and og ethereum guys and virtually everybody with bch and monero knows this happens. and now these guys are complaining about getting censored by youtube? these evil greedy fucks can fuck right off, they toxified the entire space by a divide and conquer strategy and i still cannot go to superstore and pay with bitcoin. it's been 13 fucking years!!!! and you know what other they evil are going? they fucking stole from an entire country! el salvadorians paid their taxes in us dollars, these dollars were used by bukaka to buy bitcoin with. all this bitcoin was then given to blockstream. that's right, tether got all the dollars, and el salvador got worthless tether. tether at the best is backed 3 cents on the dollar. so if you give tether 1 bitcoin, and they give you 42 000 x 10 tether back (420 000) you lose out on it cause that 420 000 tether is only worth 12600 dollars while the bitcoin can be sold for real money for 42 000. this is the reason why the ecosystem is so leveraged up. and once it goes wrong all of us will suffer immensely. all because these assholes could not just stay with their own banks and in their own system, no they had to take over ours. anyway, they will lose ... in the long run. but not before stealing from the 99%, who will again ... lose it all. imagine that. we are all on our way out of the bank office after giving the banker the finger and on the way out that banker thisguised himself as a crypto bro and steals from us on the way out! maxi bitcoiners, 2014: filthy fiat money printers need to go maxi bitcoiners, 2022: つ tether take my energy ༼ つ _ ༽つ
people can give up everything for little convenience it is amazing.
its already been done. just google it. its called “show thislikes” plugin or something. i have it, it takes about a split second to load and kick in after a video loads but it works perf
it already exists, you just need to google it. it's back.
be careful with .apks on rooted phones and shit guys. especially if you used your phone for crypto. i used to dl bots to cheat at a game on my phone and a rogue youtube version which both were awesome but i believe i got a virus on my phone from it.
unfortunately the only garbage dump worth diving into right now
i'd say give up on the kid time, and put more into youtube
you know, you do not have to use the smart capabilities.
if you wanna live in this world you'll have to use them, it is the rule.
that's the spirit i was looking for, i like people who say stuff like that.
well that is what he is, a professional scammer, been doing that for so long.
they need to teach critical thinking skills in american grade schools. so much of that type of hatred is based on fear and lack of empathy or understanding. it happens on both sides, but it is the unfortunate saps who do not know how to think & reason for themselves (instead of being fed party lines) that gobble the extremist shit up and regurgitate it like it is a religion.
i asked google if it was conservative and google said yes. hard pass.
will conservatives on rumble actually thiscuss things or will they immediately throw insults and logical fallacies like everywhere else?
i do not want to be in a conservative echo chamber.
see you on youtube for the next 50 years
fuck youtube for removing thislikes and biased censorship. youtube vanced app is really amazing btw.
i wish they could figure out legalities to fix casting videos...
vanced has been a blessing for the poor like us, it is awesome.
wish i was smart enough to make an app like youtube, but have my own rules, like no more than one ad per video, no more than 15 seconds. in front of or behind the video, not allowed in the middle. can't get censored for saying the names of human body parts while some other dickhead makes millions throwin around racial slurs every vid, that sorta thing
thanks for the tip. i stopped using youtube for music because of the adds.
i'm using vanced too but is there a way to restore dislike counter there?
i almost want to sign up just to cancel on them.
say what youtube red free say no more
is there a way to get vance's on tv
unfortunately with vanced i still get the ads when i watch yt on my tv with chromecast... which is the case most of the time .
get youtube vanced instead of premium, it is you have to get it from internet
it's great but i love to support open source projects, the one which i use is new pipe which is a open source youtube client it is preety much the same but contains soundcloud, peertube and some more platforms, definitely worth checking.
one of the reasons i will always have an android phone...yt vanced
use a vpn! do not put up with that shit!
on pc use brave as browser (has adblock built and other features been using for years) or on android use youtube vanced no more youtube ads
i've gotten 12 ads back to back before. closed that video rq.
brave browser friend. no ads. also odysee for vids has no ads.
just use brave and want bats
a couple of times i had a 18-25 minute ad appear (australia). once was a political party ad, another time it was a story (advertisement) about the invention of spaghetti carbonara by barilla.
> i live in germany and i get fucking 20 sec ads here step 1. install mozilla. step 2. install youtube ad blocker step 3. watch youtube with your middle finger extended towards the screen.
not gonna lie those ads are getting very annoyed 2 ads ffs.
ublockorigin is the best adblocker extention you can add to whichever browser you're using. just google and look it up. best thing i have ever done to improve my quality of life on youtube.
just use brave. blocks ads and earns you bat tokens
fuck youtube (for removing thislikes, adding tens of ads in a single video, censoring opposite views etc.)
this is why we need contentos to take off to replace shit video streaming like youtube
all my homies hate youtube ads.
i've used this service in the past and it works like a charm.
except casting videos to a tv :(
brave browser works great and youtube vanced for the phone.
did you guys never hear of adblock prior to using brave? o\_o
brave runs a lot better on my intel atom n570, so there is a performance benefit. i get paid for using it, so there is financial incentive. i can still install most chrome extensions for brave. a couple ui things are better too. sorry mozilla, it is been a good fifteen years but i'm breaking up with you.
apple is lame about other apps and money. something about paying in or out without going directly thru apple would violate their terms and conditions. or something like that is my understanding.
use youtube vanced. it gets rid of all the ads and allows you to turn of your phone while keeping the video playing if you want to hear the audio.
me too. using the brave app on ios
i switched from over a decade of firefox to brave. brave really is faster, but barely noticeable on any decent pc. however, the difference is substantial on my atom netbook.
you guys should probably look up about their funding. wikipedia is probably gonna be fine, the guilt trip they do is not entirely accurate. reward good journalism and journalists who go out in the world and, that is what you will miss the most if you're not already.
wikipedia is a bloated company with more employees than needed paying themselves a good life with your donation money. the only thing they need the money for is hosting the servers, and they got that one covered more than enough. wikipedia's content is contributed by free volunteers. there's a lot of articles uncovering this truth, give it a quick search.
fuck wikipedia too. read up on their mod : editor culture. it’s biased as fuck
>but maybe consider wikipedia totally agree on this. everyone will miss it if it goes and it will be a sad day for the internet.
search for youtube vanced and enjoy your life in peace
youtube vanced for your phone
*youtube vanced has entered the chat*
you may already know this, but for anyone who doesnt, google is in the process of breaking adblock extensions. look into chrome manifest v3 for more info. ublock origin is a great choice, but swapping to an alternate browser like brave may be better long term.
just like his move to texas it was all about $$$
lol. go tell them!
spotify has every single one on his playlist there... hmm😒
we all want to be paid what we’re worth. do you think if he was on youtube he wouldn’t be paid very well? of course he would, but it’d be through a different structure (i.e., ad revenue rather than via customer subscriptions). people tend to think that when money is a factor in a major decision, it’s automatically the sole motivator... except when it relates to, you know, themselves. then the issue suddenly becomes more 3-dimensional and complicated.
oh i expected a software solution involving nfts linked to a thistributed media storage architecture. instead it is youtube but instead of dollars into a bank account it is crypto that you turn into dollars in a bank account. does anyone think this actually solves anything aside from a way to host illegal content and get paid for views on said illegal content?
lmao, it is the way seems to work for them. whatever works dude.
um. yes. because the majority of humanity aren’t into what would be considered abnormal (illegal) content. are you going to tell me that the dark web is bigger than the internet?
> dyor don’t youtube, only reddit?
my first question was “why” but i had to scroll this far down to find someone who ask themselves the same question…
blocked midstream was a dead give away they violated some rules. people on this subreddit do love them some confirmation bias and playing oppressed victim lol
yea. it’s very strange that they have 1.9m followers on twitter, yet only 60k subs on youtube — despite joining youtube in 2011? the content is weak and as a youtuber, let me tell you, i have a feeling the takedown was warranted as it was done mid-livestream. they probably said, that got them taken down. regardless of whether you agree with youtube’s rules or not, they’re rules you agree to abide to as a content creator. those rules are (understandably) extra strict for livestreams. also, it’s funny how both the channel and op turned this into “youtube is declaring war on bitcoin” when at the same time they acknowledge that youtube is still keeping a lot of “bitcoin influencers” like bitboy on the platform… like, trust me, if youtube declared war on crypto — we would know. they’d stop suggesting; they’d shadow-ban channels so they don’t appear in search results etc
if the channel was taken down mid-livestream, then they probably fucked up somehow during the livestream. youtube has rules and those rules are (understandably) extra strict for livestreams.
that’s a lotta text lol
linus made a video about the same topic it is been done.
hopefully and will continue to grow as alternatives.
lmao, definitely a great advice. i'd totally consider this myself.
i agree. sadly, our education system outside of college is a fucking joke. i graduated high school as a complete moron and it took many years of college to not be a dumbass. a lot of what i learned in college should be taught in k-12.
what possible incentive would they have to make their gullible voter bases think critically?
depends on the person. i've known free thinking people on both sides of the aisle. they exist on rumble and they exist on youtube. i just know that left leaning ideologies do not get censored on rumble. i know that right leaning ideologies do get censored on youtube. therefore what tends to be left over on youtube, is a non-conservative viewpoint. call it liberal or call it whatever you want but it is absent conservatism.
wow, check out you! you do not like right-wingers! and you're not afraid to just slide that fact in there and let everyone know! what a breath of fresh air on reddit!
ok, then go be in a liberal echo chamber...just do not step out of line over there. edit for clarity: go be in an echo chamber void of all conservative ideologies and those that do not comport with national...just do not step out of line over there.
what's youtube? sounds familiar like something i used to use.
i see like 8 of these in the app store, is it ok to link here? edit: appreciate all the replies!
smarttube next is amazing too, even includes sponsor block to skip the garbage parts of the video. it's amazing when you realize the 10+ min videos end up only taking a few minutes of your times once they skip all the fluff.
is there any way to log in with vanced? i have a massive "watch later" playlist i would like to get through while lying in bed lol.
>youtube vanced app is really amazing btw. i just installed it. played a video. the horror of adverts is gone. vanced really is amazing. the front page of youtube makes me worry about society though.
fuck you youtube i have been using vanced its good.
they're way worse than people know. they literally deplatformed and ruined the income of thousands of their own creators and gave their viewers to carpool karaoke because they were afraid of a lawsuit against logan paul. it's fucking thisgusting and i hate them.
i mean that is what youtube was. you can have that until you grow too big
google and install "ublockorigin" on your browser as an add-on extension to never see another youtube ad again. not not many people know about this.
*cries in vimeo* the idiots could have taken over by now
or just google and add "ublockorigin" as a free extension to never see another youtube ad again.
if it wasn’t chromium based, i’d give it a whirl.
you do know that the creator can decide whether to run mid-roll ads or even any ads at all, right?
you're right let us hope for an update. mirroring the phone to tv works though
the honeymoon may be over soon! manifest v3 has come to chromium, and the brave devs say they will stick with v2, but that means you would not be able to get updated chrome extensions from this year. it's part of the bigger challenge of having a privacy browser based on software made by an ad company. still i like the idea of brave, i hope they work it out somehow
how much do you make a month browsing then? firefox should not have any performance issues unless you are on a low end rig. if you are on a mid or high end rig, a little less efficiency would not matter. the extensions ecosystem for ff is better than chrome's. i also like opera.
there have been a very big fiasco about the same, they never change.
ah makes sense. bummer! been using it for a good while and would have probably stacked a fair amount if they allowed it…
my phone for one is not compatible with either firefox, bat, or youtube vanced. i just do not use it on phone. the ads are 100% moronic. a calm playlist to fall asleep to? noo, enjoy five oompa-loompa music ads at full blast every six minutes! then if i'm lucky, i get a five minute ad with a frying steak for no reason. damn google went the stupid route on this one.
where are these unicorns? i haven’t seen a real journalist in years.
on top of that nowadays anytime a subject or people get thrown under the mainstream media... "alterations" which is a real bummer 😕
searched: 'wikipedia mod editor culture' nothing came up.
wikipedia is complete and total garbage.
youtube vanced is one of the best and one of the most underrated android apps.
nah, firefox with the optimal add-ons and privacy settings will always be king.
save on that income tax
it's all about money for these big celebrities man. money is most important.
the police in texas should raid his home since they know he had a ton of drugs there since he has openly talked about it on his podcast so much. they’ll never go after a rich person for that kind of stuff though. just to be clear i don’t think they should go after anyone for drugs, but if they are they need to apply it fairly.
i think there is no way he’d be earning -5 years. he *could.* but it would be a lot more work finding the best sponsorship, creating merch, managing memberships, selling products, partnerships etc etc etc all he has to do on spotify is sit and talk.
wtf do you need nfts for, you're describing torrents with extra steps.
seriously this was the post i was looking for. sixty k followers is chump change on youtube, especially considering all the millions of subs from other click bait crypto channels. edit: [they hardly were even making any money](
no it is not that, bitcoin magazine hardly does any live streams if any.
that you think everything not conservative is liberal is very telling.
not in iphone device if thats what you're asking. for pc brave browser is good
> e like 8 of these in the app store, vancedapp.com is what you want. dl the manager which controls updates for vanced, yt music and the microg (if you want to log in to yt vanced with your regular yt account). more info about it at the reddit wiki:
the only legit one is
afaik youtube vanced is not availale on ios, only on android.
don't it, it is a scam!!! edit: i feel like it is a bob vance joke...
none of the yt vanced apps on the app store are the real one. you must get it off the website.
i mean you can have it once you've grown big as well. the issue that youtube and a number of tech start up companies have is that they grew far too big, far too quickly because they did not limit user numbers (or stopped doing so too early). the rapid increase in user base pushed a reliance on ml to do a lot of moderation, or all the moderation in some cases. ml is great for a first pass, but it is not great for final decisions because people can find out how to 'play' the algorithms and such. as always, it is a case of huge companies not wanting to pay the resource cost for an ethical platform.
lol that doesn’t prevent youtube ads from playing
as with any content platform that is built for monetization, the content creators will go where the money is. the end result is ads, sponsorship, more adds, more asking you to build them up so they get more people to do the same as you.
yeah you can do that, but then the problem is latency. it's too much.
i do not really use extensions, but i ofc still have firefox installed just in case.
you also overpaid for the phone :d
your phone must be woefully out of date if it does not support vanced lol
how so? you cannot vaguely say that about a widely beloved website without explaining it
we would all do the same, if we were him.
torrenting but much much worse. a truly decentralized storage video platform would be a legal nightmare. assuming all users had to allocate an amount of storage and bandwidth and not having any ability to moderate you would eventually end up possessing and thistributing chunks of illegal data. not entirely sure how the law would handle this as there’s always going to be the question of intent but i don’t want to be the guinea pig.
i’d like to see what their engagement metrics are like on twitter. if they’re very low, i’d go on a limb and argue that the “bought” their followers. twitter is probably the easiest place to do that.
hi pot, i'm kettle.
i use brave browser for its privacy and ad-free experience...bat rewards makes it even more likeable
i use youtube via brave on my iphone. you even get picture-in-picture to go along with no ads.
thanks for sharing this with us, i'd rather use this than official app.
it seems you do not know about sponsor block and what it does.
which ads? the google adsense ads or the ads from channel sponsors? because thats what “sponsor block” is for. combined with ublock origin, thats an ad free experience.
seeing as how i have not seen a youtube ad in literal years, yes, it really does.
i use some, that is why it is hard to switch from chrome. that's best.
while that’s probably true, i’m still using a 7 so i don’t feel too bad hah
yes, android 4. because i bought vr, another computer, drugs, crypto, anything but buying another fucking phone that i really do not need or want. i use mine as a wifi router for my internet. o a 200+ euro phone? omg whatever can it do? nothing special.
disagree. pbs and npr have agendas just like all the other ones. yes they aren’t blatantly yellow like fox (wwf thisguised as news) or cnn but they are just as skewed. source: i worked at bbc and npr. edit. and there’s nothing sexy about misinformation, lies and one sided coverage. it’s just sad.
he would have been paying millions in the taxes, it makes sense for him.
i have never been to austin but i don’t know if i could move to texas tbh
lmao there is no reason to use nfts to "authenticate ownership of videos and limit false copyright strikes", the copyright point is especially dubious. nfts cannot determine fair use, and i cannot imagine a net benefit of using nfts to determine ownership. someone can right click save as and mirror or crop the video and what good is your nft?
you fail at critical thinking.
almost two years of using brave and my uphold wallet has 363 bat in it... it's a awesome browser for many reasons 😎
please correct me if i’m wrong but doesn’t using brave browser earn you crypto (bat) are you doing this? thanks.
i did not know this . imma delete the youtube app rn fuck these shitty ass ads
wow, pip works via a browser? that's great. i'll install it right away.
on my pc i use youtube on firefox with ublock origin, on mobile newpipe is poggers
yessss everyone needs to jump on brave
how do you get picture in picture to work? mine always just closes whenever i try to do it nvm just figured it out. had to enable background audio
you made my life so much easier, i didn’t even knew i can play youtube in the background with brave browser + earn crypto with it !!! thanks bro ✨🚀
dude even dmed me to make sure i didn’t take the bait on one of the copycat apps (that could try and do lord knows what once installed). a solid reddit mvp.
and what...so? is saying “you don’t know this” or “you don’t know that” is supposed to automatically infer that you know something the other person doesn’t without substantiate elaboration to facilitate that you do, in fact, know? you might as well just do the cliché answering a question with another question. sponsor block? super sponsor block? ultra sponsor block? best sponsor block? ublockorigin? irrelevant and nobody cares. the point and goal is...to never see another youtube again - and everybody should install any of these adblockers to accomplish that - regardless of they choose to accomplish that it.
for me it is important to at least be on a phone with modern software with security updates, hardware aside. android 4 is so old and antiquated i could not imagine using it in 2022 there is so many apps that it does not support and has no security whatsoever. we're all the way on 11 now lol whatever vulnerability is available i'm sure it would work on your device. not that you would care. doesn't seem like it
buy used off ebay or a cheap as poco phone.
> o a 200+ euro phone? omg whatever can it do? nothing special. it can resolve the issues you were complaining about in your previous post. even a 50 euro phone would let you install brave and shut those oompa loompas up
ikr? kind of surprised he didn’t go to washington or, even, florida?
you immediately assumed that rumble is a conservative echo chamber. have you been on there? you lack critical thinking and analysis also, apparently. you just assumed and thismissed both myself and rumble out of hand. your assumption also implies that you think youtube is full of all views when in actuality it is progressively void of any ideas that do not comport with the mainstream media narratives.
how'd you manage to get so much? i'm barely at 10bat of about 2 years of usage. granted i had auto contribute on earlier so it kept paying it forward until i turned it off
this whole thread sounds like an unintentional ad for some reason
correct. though not on ios.
yes but afaik (please correct me if i'm wrong) you cannot yet transfer the earned bat out of your account to sell for $/€/£ etc. their help pages explain this. i think they say they are working on it however.
yes it does, that is like cherry on top. that's the bonus reward i like.
and if you use youtube on brave on your phone they block all ads too!
i've gave him a helpful award :)
it's the power of the community, looking over homies. friends.
you know, you could always google it. it's a completely different level of ad blocking compared to a browser ad blocker.
i have google 2fa on the phone, not that i like it. if i want security i use my linux laptop. i have computers that are ten years old, safer, and still more capable than phones. why would i want two hundred dick-pic apps on the same device i'm using for crypto? that's a flood gate in the world of vulnerability. not to mention how easily a phone is lost. it makes no sense. just sloppy. not to mention none of my computers are obsolete in the way all my phones got obsolete in no time at all.
have been there. pretty much everything was conservative aimed. what with no other platform wanting whatever bull is posted on there.
so… they have loaded up the bags
guess who bought the dip...
first off, fuck you gs, we all know you may have played a role in this crash. second, see you fuckers in the moon.
lol you cannot this stuff up. you cannot say it is not obvious they dumped the market last week to release this news today after they buy up
it's an odd title from yahoo because the actual report dunks on bitcoin quite a lot in favor of ethereum.
goldman sachs and whales: \*triggers massive market sell off and panic\* paper hands investors: sell sell sell leveraged traders: \*forced to sell to cover margin call\* \*dies\* goldman sachs: \*fills bags\* goldman sachs: "bitcoin is a really good, guys. hop in with us." paper hands investors: "guess i should get back in." ' repeat cycle forever.
i did not need goldman to tell me that. also, sounds like they just loaded up.
after they sell their bag: bitcoin is not an asset class.
goldman sachs are whales i don’t trust them
emerging from pit black tunnel we are together tonight our money went through a funnel but now we can see the green light
sorry but if you're in crypto and rely on gs sayings you are kinda doing it wrong. the suits will ruin this faster than anything with derivatives and leverage.
it was not timed at all. just a coincidence. i can’t believe that the crypto space is so contaminated by the same institutions that it was built to avoid. makes me sad.
how about - who gives a fuck what goldman sachs says. this stuff is decentralised for a reason.
on a similar note, king louis xvi absolutely loved the invention of the guillotine
of course they did. they just helped tank the market to buy a massive position in it lol.
oh we will most likely get a elon tweet soon. but then again most of the elon worshippers allready sold so it won’t really matter anymore.
and now they have implemented a wyckoff model to take all your coin with the money they made on selling off at 60k. accumulation for institutions is the trend. get ready for another rug pull!
it’s frustrating that we need validation from institutions when crypto was created to get away from centralization in the first place. but i guess that’s good news 🤷‍♂️
i’m so relieved now that goldman nutsacks approves 😂
sad day when the crypto space is getting excited about approval by goldman sachs. i guess this entire market will just be the same as the old financial world with a new coat of paint. oh well.
goldman sachs runs the world, short it and buy it back for 50% off how nice.
tldr; goldman sachs' global head of digital assets, mathew mcdermott, says it is time to take bitcoin seriously as an investable asset. "it has its own idiosyncratic risk, partly because it is still relatively new and going through an adoption phase," he said. however, institutional clients remain keen on adding some form of crypto exposure to portfolios. click for more news about [bitcoin]( *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
adoption is the key
i feel that bitcoin is slightly less cool now.
perfect timing! didnt had funds to buy 3 days ago... getting cleared for tomorrow...🤦🤣🤣🤣
*phew*! i was worried about what they thought of my investments!
you guys are bipolar as shit . most real investments do not need constant validation from outside sources either
so they bought the dip. surprise surprise
step 1: buy at the very low step 2: pump the price step 3: sell some for profit step 4: wait for it to dip hard step 5: sell again to offset their capital gains tax with capital gains loss step 6: re-buy again because wash sales does not apply to crypto *sigh*
bitcoin is basically goku in this bull run and he just finished the part of the fight where he gets beat down for a little bit. get ready to see the new transformation as he breaks through his limits!
in other words. they bought the dip and are ready to make a huge profit.
y you think the prices r so down? they want their boomer clients to invest and b able to profit right away so they can get more .
for my ears, it sounds like we should all sell btc. as soon as mainstream tells you to come in. stay the fuck away.
praise allah buddah jesus spongebob.
who gives a fuck what goldman sachs says. bitcoin has been an asset class for years.
good but fuck gs
oh what a relief
markets talking now up on my bags today... let's hope no more fud for a while.
while i welcome more money entering the market, goldman is a giant money sucking blood 🦑 parasite. the crypto game just got more complicated, be warned. crypto is unregulated and these guys are parasites that will play to win and are much smarter then you and i.
was just a matter of time, but glad it is out now
wow the way goldman sachs changed their opinion over the years. if they can then i believe literally anybody can! this is very good for us early coiner!
>goldman sachs says... do you mean i should sell? right now?
i didnt need validation
yes because their opinion matters? lmao
where can i get a list of asset classes m? crypto? coins? stocks? bonds? real estate? beanie babies? what else is there?
fuck goldman, but fuck china more.
we didn’t need goldman sachs to know that … we all been knew that for a while now
yes now let us all believe goldman sachs after musk fiasco... great going guys
i don’t care what they say.
don't you see the irony in the post
ahhh so they got into the dip...
guess they bought the dip
omg these guys are way too good controlling the masses
what we are seeing is bitcoin getting its due recognition. everybody in the world is trying or already heavily invested in it
wow enlightenment after this long! from fud to support then from support to fud cycle by mainstream media.
after all that fud...
whenever goldman sachs is openly involved in something, i get skeptical and cynical. they're dodgy af
guess who bought the dip…. i think you guys mean guess who made the dip. and then bought it again.
they probably loaded up bigtime in the past week or so.
are you feeling it now mr. krabs?!
“i’ve been reviewing your position. i wanted to thiscuss your marks and make sure they’re fair.” “yeah i think what you means is you’ve secured a lot of bitcoin yourselves so you’re free to refer to my bitcoin accurately because it’s now in your interest to do so.” “i’m not sure what you want me to say.” “i think that you’ve already said it.”
now goldman says its an official asset class. after they backed up the truck and loaded up during the crash. gotta love the giant squid.
matic has no chill.
i thought the fight was to not be an asset. now it can’t be used as currency because of capital gains taxes.
that’s the last corporation i’d believe.
i do not think this roller coaster is over peeps
now that they secured their ... goldman to boomers: oh hey guys! have you heard of this hip, new asset class called bitcoin? all the kids are doing it... gtfoh i hate that crypto is institutionalized. it goes against everything crypto stands for. fuck gs
i’m increasingly convinced that the past two weeks have been 100% coordinated to help hedge funds build up larger btc and eth holdings.
can we dip it further to troll them?
now remind me ...was goldman sachs the company that imploded during the financial crisis due to mismanagement and derivatives so complicated not even their employees new what they were? or was some other “financial god company in the us” who called themselves experts? yes folks bitcoin is a snake oil that people have and will lose their money on. but everything is good now that goldman sachs says so.
of course they did, anything it takes to not be so over leveraged, am i right people?
a rocket is actually a good analogy. we do not send rockets directly to mars. much more efficient to go through the inner solar system first for some gravity assists.
looks like everyone is accumulating. about time bitcoin got the recognition it deserves
soooo... we tank btc and fuck them over? yes? yes.
hodl through this dip like a king, back in profits today, feels good. my greed is not satisfied though xd
so basically. buy low, sell high, kill the retail investor and repeat.
if cryptocurrency lives or dies by what financial and government institutions say then it really is no different than fiat. no?
imagine breathing a sigh of relief because the banks (the same institutions that we're fighting against) are in on crypto. this sub loves centralization
you all hate them when they say bad shit about crypto but go back to sucking their dicks when they talk nice about it.
goldman sachs is a band of thieves. if they claim bitcoin is an asset that only means they will start to manipulate it more. its not a relief its worrying.
goldmansucks just loaded their bags i guess...
goldman is like a bitch. one week some statement another week something else.
pretty big news and obvious the big boys are going to join sooner or later
we’re supposed to be happy that institutions are adopting and making laws for crypto? really defeats the purpose.
phew! i was getting scared for a moment, thank you goldman sachs!
yes lets all praise goldman sachs. this is what crypto was made for. jesus we gme holders are trying to sink the hedgefunds and you guys are sucking at their teats. come on. have some self respect. you are better than this.
who the fuck reads yahoo news in 2021?
and they’re only a decade late xd
so now we know one of the whales that are taking advantage of the crash and buying a lot at these lower prices
i didn’t need to here that from these flip floppers to breathe a sigh of relief.
goldman sachs, thanks you for your coins if you have sold over the last week.
finally seeing some green 😭🚀
hahaha, what a surprise, who could have predicted this?
posted already 5 times
don’t really need validation from bureaucratic financial institutions to cement my belief in cryptocurrencies.
talk about a backhanded compliment article lol. its real sure but so are penny stocks. nice outfit whered you get it kmart??
oh yeah they definitely stacked their bags
sorry but i didn’t need their approval or their say
bitcoin was never meant to be banked, so whatever banks say is irrelevant. institutionalizing bitcoin defeats its purpose.
what worries me is that they specifically mention bitcoin as an asset class, not the whole cryptocurrency or other top project coin similar to bitcoin; just bitcoin.
ahh yes, the copium we've all been looking for.
i expected something like that but, wow, talk about opportunistic.
they're late by more than 10 years!
tou know what goldman sachs and soup have in common? they both suck. except for soup. soup's good.
lets go! this is the stuff you love to see
a bank claims something, and i'm supposed to care *why* ?
now it just need to pump lol
after seeing the wyckoff model i definitely do not trust goldman. this is bullish news brought to us by a bear.
cucked by the banks.
thank you goldman sachs for giving me the validation i did not need. bitcoin is not new... and has been an asset class in my book and many others for years now...
thank god the very thing crypto is against supports us.
well yeah, it is in their best interest to say that now that usdc is catching on as a stable coin
ahhh the bank involved with my country's worst financial scandal. thanks goldmankunts
and the bullrun continues.
ah yes, one of the most abusive and manipulative companies on earth drank the koolaid!
pumping it to fill their coffers.
i do not give a fuck what a boomer bank says about crypto.
crypto is all asset classes, not just a new asset class. there is nothing goldman is currently trading or doing in finance that cannot be replaced with crypto. the open source software model will also allow crypto to develop capabilities that goldman has not even imagined yet.
goldmann sachs just filled his pockets with a shitload of crypto bought at “sale price”, now it’s time to pump the price.
not sure why i should defer to gs; the people responsible for 08
remember someone bought the rumor and is selling us the news, they want us to buy back in as they already accumulated their bags
so i should fomonright now into eth ?
no one should listen to these people regardless of it is a good thing.
as a malaysian, i will never forget the involvement of goldman sach in the biggest corruption scandal in our country and they were fined nearly . i do not trust them.
i didnt sell anything,let us gooooo
btc went from fud to stud!
lol. quite the opposite.
so hedgie good now?
that title though. you guys sitting on goldman like that?
this could also be the perfect news to make a deadcat bounce and unload more at the next top before going down again. only time will tell, but regardless the outcome it smells shady as hell.
goldman sachs is the problem, for which crypto is the cure. fuk goldman sachs
so looks like this ain’t a bear market after all, we bout to pump any day now...
eth or btc the choices are few and we are many
if they said the opposite you'd say they do not know shit. it's really really irrelevant what they say about btc
big players only buy in on the way down. sounds orchestrated.
do we really need affirmation from them?
the manipulation is so transparent, it makes me want to scream!
may be too early to say, but to all those frothing at the mouth yesterday saying “dump your bags and buy in lower” how’d that work out for you? bear in mind there may have been people swayed by your comment who may now have fomo’d in again at a loss. please think before speaking. as always, do your own research, and stick to your investment plan.
goldman are the biggest scumbags in finance.
most likely straight after buying the dip... with no thisrespect to goldman or elon, btc doesn’t need their approval, it exists, it’s here to stay and it live it’s own life, wherever we want it or not
always better to do the opposite they say. :)
glad i bought the dip over the weekend.
best of luck if yahoo is your source of information
who cares what goldman thinks
china bad goldman sachs good?aint fooling no one
smart guys over there!
crypto is in a bubble, and they know it is going down, if you invest now they will just make it go down again in 2-3 weeks. wait until we hit bottom around 23k btc in 2 weeks.
we can all breathe a sigh of relief when these big bank billionaires stop pumping their bags. fuck elon. fuck jamie. fuck goldman. they know what's coming in a decade and they cannot wait like the rest of us.
just another dose of daily denial. the bears are back baby.
goldman sachs can fuck all the way off with their corrupt corporate fascist war pig ways
lol... you know something is up when all the mainstream media platforms are advertising the "anti-bank" currency... yall really are a bit naive eh?
1. miss the boat 2. watch crypto do amazingly well 3. fomo 4. criticise crypto for not being a real asset when prices are really high. 5. lose one of your senior managers because they made millions on doge and retired early 6. buy the dip 7. create new asset type to validate you joining the game 9. ???? 10. profit edit: i appear to suck at formatting... sorry.
bitcoin and other cryptos are here to stay, but personally, i do not think we need goldman sachs to tell us that, after witnessing the 2008 financial crisis, we should know they do not give a fuck about anyone but profits.
media will be the downfall of btc, shit like this will be it is demise.
fuck goldmans ballsachs, bitcoin dont need you
people keep saying "news does not swing crypto!!!" well why am i...*checks portfolio down 40% instead of 55% today, huh?! checkmate, wsb.
as it starts dropping heavy in value?!?
goldman sachs should’ve gone bankrupt 13 years ago
for those with less knowledge what does that mean?
now that they have finished wyc-ing off, they think differently about that ass-et
yeah until they dump it again.
oh, thank god! all those sleepless nights wondering what gs thinks of btc have an end :d
next week: "goldman sachs says bitcoin not an asset class, is ponzi theme"
well. now we all know what this dip was about. gold nut sack was picking up cheap coins.
way to go crypto hodlers! always straight up goldman sachs‘ ass until they drain your „store of value“ another time. (better actually use your crypto so it gets some real value)
this article make me want to drop bitcoin for them and never invest in it again. i don’t want to be part of their game
is this why i have to wait longer for my ?
btc will eat them too now. jp and stanley and sachs are all falling into the pit of btc
any time a bank treats bitcoin as anything other than a new form of money that will decimate them, assume ulterior motives.
elon musk: hold my beer
i thought this was done long ago? maybe it was other banks and gs is just following the suite
new: coinbase has hired goldman sachs' co-head of government affairs as its chief policy officer. consider it an escalation of the crypto exchange's lobbying efforts in d.c.
oh hell ya let us go. hopefully got an amazing week ahead for all of us
hmmm...we’ll they’re in it with us now 🙃
if china and elon or whoever else continues to create organized fud campaigns, then the pro bitcoin community should have just as much good news in its arsenal. this news could very well bring us out of this crash. we should have 5 more good news drops ready to go to fight these assholes.
diamond hands bitch. i did not sell anything. not one sat
i didn’t sell so i didn’t lose. fuck you gs.
goldman sachs just bought a shitload of coins.
are we all bullish again?
we didnt need goldman to say shit. catch up, losers.
there are companies out there absolutely swimming in btc right now. but will we see another crunch before the month is up?
wow. so anti-bank and decentralized.
i guess they are done shopping
goldman sachs roadmap: buy the dip✅ pump✅ dump and fuck you clients (work in progress)
uh oh. never a good sign when goldman makes a call on a security or asset like that. usually means they are about to dump it on us lol.
well... we'll have to see these guys on the moon too i guess. ruining our happy place...
700 billion usd later
and they claim the fed reserve is creating their own coin. joooy.
10 years too late goldman sachs. btc is old news. eth 2.0 around the corner.
on-chain analysis never lies.
buying the dip 😁
they bought the fucking dip
you know something is getting value when the stock market is willing to start gambling on it... i just hope it does not rot the whole concept like so many before it.
seems they finally loaded their bags after all this time
save your tears for another day 🎵
meaning they bought the dip and are now pumping it? i too bought the dip although i reckon goldman and i mean something different when we say “buy”
so they wipe bilions from the little guys who they cow into selling with their fear campaign. then they load their bags to the brim. and now it is time to sell crypto to those same little guys who they terrorized into selling. this time all the little guys have to do is buy "safely" through their trusted banksters. fucking infuriating.
yeah, this is probably a blatant money grab from them after buying during the crash; but it is still good for crypto in the long run.
let me translate. "we bought coinbase when it first listed and are down a significant amount since our big money friends and china scared the crypto paper handers. now we need you all to start flooding back into crypto via coinbase so the share price can rally and we can recoup our losses before pulling the rug and reloading for cheaper entry"
so china says they are cracking down on any banks doing business with crypto farms so people panic sell. meanwhile, china also gives a boatload of money to gs to buy the dip and then gs says it’s a new asset class to re-inflate the price. nice move china, nice move. also people saying bitcoin can be manipulated, aren’t seeing the whole truth. bitcoin cannot be manipulated, people holding bitcoin can however and freak out at any hint of losing some value and panic sell thus eroding it further instead of believing in something and holding on for dear life.
oh what a coincidence. great timing.
should i just lock my cold wallet away and check back in ten years?
so….all the fud is gone now?
let’s not forget about bitcoin cash … that’s definitely gonna be blowing up soon
we are still in dip territory so keep buying my people.
i guess i should pick up some btc...
not sure how to feel about this news. sure adoption is great, but it may come with further manipulation?
we are all just 2 lost souls living in a fish bowl year after year.
grab a shovel and dig it!!!!! this is memory making time!!!!!!!!! never regret not even one letter
if gs (probably the worst bank in the world) is saying that, we are all in troubles.
they managed to buy more than wanted and now positivity spreading? this big motherfuckers would not leave people alone. :((
so they’re positioned for some massive pump and dumps
\*wet fart noises\* ' sorry, i have nothing more to add than that.
i hope nobody has forgotten that those clowns are zeros. they do not deserve bitcoin but will use any means to take them from you...
props to that guy yesterday that posted about institutional wealth management firms becoming a tailwind
we need more news like this plz all week pls!!!
finally some fucking good news
yeah... institute is jumping in on btc ... jeeej...🙄
that was a close one. for a second there i thought the boomers were out of touch.
noice. i love confirmation bias
i'm not sure if we should be so quick to celebrate... remember when everything was crashing and then we had a day of recovery before getting kicked in the dick again?? i'm happy to all of us who held , but lets not start shooting fireworks just yet.
decentralized currency? time to centralize it!!!
don't know if this is good in long term. they are going to play us like a fiddle.
so the next 6 months should be interesting.
wonder how many coins they own?
so gut feeling says they along with other firms “i’m assuming” tanked the price of btc and rest of market so that way people got liquidated bcs of margin calls. which caused price to tank then paper hands sold further driving the price down, then bought the dip and loaded up! all while msm was playing along with them to cause fear, typical move.
ahhh yes becomes an asset class when it is cheap to scoop btc. does anyone remember they made a presentation about how btc is not a good asset
so do you think at somepoint they will try to short it?
first they laugh at you, then they hate you and then you win
they bought the dump.
came here just to say fuck goldman sachs. after all the fud they’ve been posting this past year now they reverse course? lmao they are so transparent it hurts yet when they fuck up again they’ll just get bailed out and say sorry we fucked the economy yet again.
new? it's almost old enough to drink.
if one of these big boys grabs a bag we will go past !
this better not be the back to normal phrase in the bubble chart
no!!! i needed the thiscount to continue until payday.
"bitcoin over bonds" just reported live on bloomberg
what makes you think i give a fuck about what they say?
they’ve secured their bags after pumping fud to bring the price down
i hope this means new ath all around!
wait i thought the whole point of this thing was "fuck these guys"...?
"it's not often we get to witness the birth of a new asset class." stfu boomers. crypto currencies have always been considered invest-able assets and are only going to be considered officially so they can tax and regulate it to shit. i supposed in 5 years you're gonna tell me" nfts are now a new asset class" ... as if we are not already working with them here and now and you're lagging on "how work?"... no excuse for this ignorance; only a choice to be stupid about a topic. if it is investable, it goes in one of the 7, otherwise make a new category and deal with it.
good shit thanks the info
interesting to see how much influence these centralised institutions exhibit on something which was supposed to be decentralised...🤔🤔
if you're breathing a sigh of relief because a legacy finance institution recognized bitcoin as an asset class you do not get it.
you all are still gonna lose all your money hehe
they crash the market to make you bleed while they buy
i don’t wanna be that guy with a tin foil hat but this seems like such convenient timing during a dip... maybe the whole china - musk thing was a play by some big names to drop the price before apeing mills in?
hows the timing haha
but actually who cares and this does not matter
i mean, it really wouldn’t have made much of a difference if they said it wasn’t it’s a multi-trillion dollar industry. they can call it what they want
this is the problem right here, normies that think anarchist money is good when big money infiltrates it. dumbass
it’s very easy to see who caused the crash by looking at who posted fud articles about elon and china.
not surprised, so when's the next dump?
banks are doing bank things? no fucking way. 🙄
good time to buy some bitcoin and hold.
was the title meant to be sarcastic? :(
we’re in the big league now
not that any of us needed their approval 😅 but this will make it easier for normies to justify buying into bitcoin and other digital assets. another step closer to mass adoption. big firms like this will keep coming, as game theory is going to force them. their customers and competition will ensure they move or die. stack sats. hodl. we are in the midst of a financial technology revolution. money is how humans store time spent value. it is the life blood of many civilisations. we are holding gold nuggets while everyone else is working out their glass beads are worthless.
smells like someone bought bitcoin
not bad! bitcoin just keeps reaching new heights!
the article states, "any digital dollar would likely weigh on the bullish sentiment for bitcoin and other cryptos." why would a digital dollar weaken bullish sentiment. isn't it the other way around? wouldn't a digital dollar strengthen bullish sentiment because more people would be involved with digital currencies?
a tale as old as time
well, i am also ass et class, who is not?
not btc is an asset class but cryptocurrencies!
why do any of us care what these asshats say? we should be doing everything we can to not play their game. they have fkd us all for centuries
yeah they most likely contributed to the crash so they could buy in. this also happened in the dot com boom.
sigh of relief because those crooked scum goldman sachs says bitcoin is now officially a new asset class ? lol you're here for the wrong reasons op. bitcoin does not need approval from anyone especially those cunts.
yup definitely trust goldman. hired someone i know from bear sterns. remember those guys? they gave out stress balls to squeeze that were the earth. no metaphor there.
magic. internet. money. always has been... join us!
i'm more shocked at number of moons op has.
yet for some reason i keep feeling obligated to trade my bitcoin for shitcoin... fuck. don-key finance definitely just made an ass out of me. 80% down. hee haw
it's just another pump. now retail will buy more because of "relief", then they can dump it again. institutions are milking retail.
don't ever trust goldman sachs. they will flip in a heartbeat if they can figure out a way to make more money.
fuck them and their bullshit
bitcoin doesn’t care what goldman thinks, fuck them.
dip before the boom i guess
prepare for massive market manipulation.
keep breathing rookie. it only gets harder to breathe the mooner we go
this is such a roller coaster. i feel like they are playing with us. anyways we are still going to make it to the moon
looks like the bulls are back fam
probably because they are in a good position to say so.
i for one hate our new overlords.
and people think crypto is supposed to even the playing field 😂😂. unload before consensus buy up during it👍
bitcoin seems like a successful modern day implementation of alchemy and bankers must live that.
it should be legal to collectively short the market as independent middle-class hodlers
will they change their name to bitcoinman sach?
crypto being taken seriously now?
fuck these bankers. they do not understand squad until it is too late. they when they realise there is so much coin to be made, they drop hundreds of millions only to pump and dump later. nah man. stop encouraging that these guys are heroes. they are not. they've literally ruined countries. see libya, malaysia, etc.
bitcoin? as if there were no other blockchain tokens?
thank ferg that a symbol for the entire institution bitcoin was invented to circumvent approves. d-bags.
can we? i do not see this as such a great thing. depends on your outlook though. would bringing less volatility be a good thing? maybe.
i'm not really a bitcoin fan, but what is good for bitcoin is good for the industry. so, i'll take that as a win.
i thought institutional investment would help stabilize and legitimize the cryptosphere. now i am concerned with institutional investment manipulating, controlling and ultimately hurting this market as well.
wow such dip much coincidence
the issue with regulation is that once a country regulates cryptocurrencies, it means that it has an intention to create its own national digital currency. note the difference in terminology; crypto vs digital. in any event, once a nation regulates cryptocurrencies in full, there will then be a plethora of regulations to ensure that exchanges are managed correctly and that trade in crypto becomes taxable just like trade in stocks and fiat. add to this the then regulatory requirement for cryptocurrencies that are to be traded to meet specific regulatory requirements. yes, this is the final step that separates the real projects from the fake. even now, cex’s do filter who is being listed, not just by cost but also by project analysis. in a regulated system, the filters will be prominent and the fees will be reduced to meet a standard listing fee that is government regulated. no more listing fees above …or linked to btc. (yup, a fee linked to btc is a sham, considering that 1 btc last year was trading at , and not trading at ). this means that the exchange is making 5x profit just on the listing fee alone. in a regulated society, the cex listing fee would be linked to the digital currency and not btc, so that listings would be focused on the quality of the project and not just the wealth of project owners. in a regulated world, about 90% of the current tokens and coins will thisappear, or will only be traded on dex’s that do not require any filtering, and obviously trade then as it is now, will be based on the traders own risk. trading on a cex will be regulated, and coins such as btc, eth will skyrocket as they gain regulated credibility as a currency equal to fiat but based on market perception. new tokens, and alternative markets, such as binary (forex) futures for crypto. while the ideological desire for “anonymity and decentralization” is the reason for the creation of btc, it is inevitable that the worlds governments and financial institutions will not allow such a vast financial resource to go unchecked, and will assimilate cryptocurrencies and eventually regulate them and control them…(just like the borg) especially when billionaires such as elon musk join in and create a true focus on the crypto world that the regulatory institutions can no longer overlook. (in other words; while there might be anonymous btc millionaires and millions of small traders when a real fiat billionaire joins in, the game changes for everyone.) post note: elon musk has been string things up in the crypto world, but his action has a much deeper impact and will continue to develop over time. the three steps that elon has taken are: enable the purchase of cars using btc, allow for transactions using doge and investing in cryptocurrencies. elon’s actions cannot be overlooked or thisregarded due to the level of impact he has on a global level. elon is essentially enabling retail trading with crypto at a level that has not been seen before. with this, the implications on regulation and taxation are already being implemented, not just for him, but for anyone that purchases or trades via one of his companies and partners. what he has also shown is that you do not need to own a blockchain or have a viable project, you can take a token such as doge and make it into a tradable coin for b2b, b2p transactions. this is the real gamechanger.
alright i'm buying high and selling low
you dorks are whining about them selling the top like anyone with a pulse couldn’t tell we were overbought and like you weren’t also chiding people for not taking profit the whole time. god the conspiracy theory victim complex in here is unbearable.
someone who has no idea about all crypto lol “ now are you diversified into the bitcoin?”
lol fuckin wonder what ehhhh happened since 2018. ass.
ok thank god, so long as gs says so \*gluck gluck\*
i still havnt stopped hodling my breath since my first purchase!
that's because goldman has enough of a position in the trade to effect markets. in effect: "you will buy goldman's bags and you will like it "
don’t believe anything any of these guys say good or bad. it’s never in your favor it’s only put out there to try and sway your actions so they can profit from them the most.
it's because someone bought all the bitcoin holdings, knew they would attempt to drop the rest of them but they weren't ready for him to double down his short game and buy the rest of them !
they do not have anything left to cash out!
the only way they will profit is if they crash the currency hard. screenshot this
tl;dr : (quiet part) can we manipulate it effectively? yes? “hey everyone it’s definitely an asset.”
after they bought our bags at the lows
funny how they say this after it crashes
so now the price goes to 300k as they bought the dip
i’m relieved because i need finance 1.0 to validate my financial decisions; they’ve always had my best interests at heart.
don’t trust big banks
is it the time for selling it and re buy later?![gif](emoteemo_pack_1arrow_up)
we’re in the endgame now
right after the massive panic sell off by noobs. classic.
they will make their parent and kid a commodity if there is a profit for them. what a sigh of relief.
and then tomorrow we get news that they changed their minds. hello elon.
because they bought the dip?
they bought some obviously
banks buying the dip, damn these banks 😅
i’ll show you an asset class...
welp when you can’t buy dip anymore...
and the candles are all green, amen
didn’t they just say investors are going back to gold lol
i am just glad to see monero mentioned as a top coin!
here come new rules...
china: hold my beer
translation : market makers are hyping up the market so they can build their shorts.
phew. before i heard this i thought bitcoin was heading straight for absolute zero. thanks gold man sacks.
bitcoin turns into the facebook for old people. the youngsters are moving on again to some new hipster platform. only fans please
sooo. time for doge again?
the actually bought the dip ;)
a gentle reminder that banks dgaf about your wealth and well good being. they would rather see you slave off in 9-5 and take loans. we are past the confirmation phase if crypto “is a thing”. if you are a short term trader, these news can help the matket sentiment & swings. if you are a long term investor, don’t really bother with these news. and always acummulate long term bags when there is an all-out despair happening.
goldman sachs is a joke. they have said so many stocks have been a buy straight on their way to zero. quite frankly, this concerns me more than excites me.
we peasant getting played by big investors because we are so easy to be manipulated. just hold and enjoy
bet jp morgan does too even though they said they were dumping crypto to buy gold. yea right. lmao
dont worry we will know when to buy when they say it isnt a valid asset next week
i have a question tangential to this topic. do the big institutions ever mention investing in anything other than bitcoin? when i read articles like this i imagine new money flowing into mostly btc and driving the market cap of btc up. that said, my sophomoric thesis is buy and hold btc for a few years because that is the place new institutional money will go to.
ah, just after they dump the price so they can buy more at a thiscount. so coincidental!
yahoo finance? really? why do we listen to what these manipulators say?
at least someone is saying something positive.
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the bullrun is back on baby!!
old fogies too late. the real bitcoin is now bitcoin cash.
and the prices are going up! lol it’s so funny how badly media.
i sold right before the crash for a big profit and then put about 20% back in when bitcoin was around 35k. i'm still in shock that i finally bought low and sold high. thank you for the lesson 2018.
i’m not trying to be a dick here but why do we give a shit what goldman sachs said? aren’t they part of the problem that led to the need for bitcoin?
urgh. just let bitcoin die already
with crypto would it be ever be plausible for everyone to just constantly be switching from one coin to another just to fuck with the assholes trying to fill their bags? like collectively being like “okay crypto is an asset class but we like doge more”
hodl token just got listed on cmc and it be pumping rn!
this is a very cynical way of looking at this. very cynical and correct.
i've been trying to say this all along... banks, investors, hedge funds etc all want an entry point since the usa basically open armed crypto as an asset by recognizing it as such with their new tax laws.
the whales this dip
the annoying thing is that they have 100% gone otc. these sort of movements are not truly trackable or subject to market. we'll only know about it on a report at some point in the future. but they will be more than happy to off-load in the market, cause a dip and buy more. i love and hate it, but that is the unregulated crypto game.
its just thiscount season for the big corps
wait for bitcoin to drop 50%. load up bags, and start pumping it. sounds about right.
what do you think caused this "crash"? sure, people were selling... but to whom? lots of massive buying going on that we are not talking about. we're focusing on selling... but if something is being sold successfully, something has been successfully purchased as well. banks are buying as much crypto as they can to begin earning interest now - so when they start lending it out there is no way you can ever get ahead of their price . ' they need enough in their coffers to make lending worth it.
yup. now for them to hype up btc to sell before the end of the quarter.
exactly!!! this is precisely why we watch the headlines shift to bullish estimates of promise, causing runs of new aths across the board, which was followed by banks making a public statement to investors that introducing crypto exposure to their portfolio was recommended. that was their final "get in everyone, were taking this game over too" before we were fudded down to this correction. everyone that cashed out to stables is just waiting on the sidelines. it took one whales 7 figure matic transaction to skyrocket the asset 50% in an hour. and more whales are moving stables into exchanges than out right now.
its like they are not even bothering to be subtle with the market manipulation.
wouldn't be surprised if that was really the case!
yup! they're belly's are full and need a quick nap on the recliner before dessert.
haha this was my first thought after reading the title.
they prefer to call them sachs.
supercycle, im ready to lift off!
one billionairs pump&dump is finished,now starts the other!
they dumped and now they gonna pump.
yes, after the dump.
*"now we're in, we can officially announce we do not have a problem anymore with crypto"*
they loaded up their sachs.
alright boys crash the market. than load up on bitcoin...and next make it an official asset.
saw it stop a pattern and start pumping last night was wondering who it was that just spent a few billion.
saylor just retweet this post.
fud cycle complete, musk, china, goldman sachs, et all... bought the dip
lmao gotta use fud to make the price drop to get in cheap then pump it.
at least hopefully they will lobby regulators onto the favorable for all of us path?
i came here for that comment. now that we’ve crashed the market and pillaged, we think btc should be taken more seriously. fuckers!
this is how they are buying the dip
the sachs, if you will
sach also said ethereum was the better asset and will most likely flip btc. just sayin.
pretty much they waited for the fud to happen. took advantage of the fud buy loading up their bags. now they are trying to counter the fud by doing this and boosting the price.
bitcoin is coooo because we have bitcoin- goldman sachs
now we kno...gs caused da dip then bought da dip...classic move by cfi...
it's true man. i'm so fkn sick of it. there way to excuse the crash they caused last week. the simple fact is crypto is not safe with all them involved.
it will be fun to watch them unload at ... two transactions per second.
they tanked it bought some and now are ready to promote it. typical grifters.
[this belongs here]( is_right.jpg)
of course. timing of it is also interesting.
the on chain metrics show that basically only new people sold and old wallets either held or accumulated. so makes sense to me.
"when there is blood in the streets its time to buy" the major institutions were definitely waiting for a crash to start investing in a big way
i'm still half-asleep and that starry award fucking spooked me.
it's jp morgan all over again. bitcoin bad bitcoin bad \*loads bags\* ya know what... bitcoin good
not just them. i have a feeling tesla and musk bought a lot
why do you think the market was manipulated to crash the price? the big players wanted some cheap coins.
fuck those people. they just want in.
goldman has filled up their sacks. in another 5 or 10 years, perhaps the name will be changed to bitcoin sacks or crypto sacks, as there is less gold and more bitcoin in those sacks. gotta keep up with the times. and load up them sacks when the easily panicked peons are selling.
...because it is a new asset class.
lmao, literally opened this thread just to comment this
explain like i’m...a slow 5 year old monkey
more like. "hey, what's wrong buddy, you lost a lot of money, it is alright, it is fine, everything is going to be ok, buy the dip. hey can i give you a haircut?"
there’s a theory that the crash was due to institutions dumping there crypto so that they don’t get margin called in the stock market dip.
wouldnt be surprised if they organized the crash to buy in cheaper
anyone who thinks institutions buying at , ,
goldman thinks it’s a good investment? what could go wrong? never mind those credit default swaps lol.
i think the other aspect of it is the whales need prices to rise so they can execute another mass-sell. rather than driving the price into the ground all at once, they need periods where people buy back in, so that they can protect their profits when they dump more assets. it's worrying that more people are not pointing this out...
what day is today its u’s birthday what a day for a birthday lets all have some caaake 🎂🥳
guess who caused the dip...
no surprise here with those news
old man goldman happy cake day!
actually, it is the opposite. they tell you bitcoin is the future right before the crash, so they can sell into your buy orders. then they tell you it is a bubble when they want to buy into your sell orders.
they got to fill their bags even more with this strategy when there is a chance for them. hey, atleast we’ve got a nice thiscount yesterday. goldman: bitcoin is the uncertain crashing bubble, depending on how much money we made.
katy perry prepared us all for this with her magnum opus, *hot n cold*: "you change your mind like a girl changes clothes"
they cannot just constantly flip flop on their stance. they'd make themselves unreliable.
lol that’s what reddit does
so its a future bubble? time to invest now!
what role did they have in the crash?
yeah i like your attitude! not on the moon, in the moon!!! 🙌 ![gif](giphyfewwnpgdsapo)
going so hard that you end up *in* the moon and not on the moon. wow i like it
the whale has filled up her bags
*market manipulation by some big players*
we can here em for it, and will, but why wouldn't they if it is totally unregulated? good business. good, annoying business.
watch them dump it again
cue the elon musk tweets claiming he has personally solved bitcoin’s energy problem (along with more inevitable doge memes).
it would literally be the smart thing to do
genuine question and forgive my ignorance, but how did goldman sachs crash the market? is their evidence that they’re crypto whales?
the whale has eaten a lot of sardines last week
ethereum doesnt get as many clicks as not so well known
yeah "bitcoin" as an asset class makes no sense. "bitcoin" is not a class, it is an asset. "crypto" asset class is the word they were looking for. the title bothers me more than it should
as it should be - with no pos in sight and no scalability, ethereum is by all technical standards an objectively superior option.
it really is amazing how often this repeats. after the 2017 run i finally internalized that this a game that is ran on a cycle. ignoring non-technical news and hodling really is the best strategy
the only thing that would scare the piss out of these whales is if satoshi suddenly moved his coins. they'd realize there is a whale a lot bigger and he could make them bleed for years
hopefully each time people get wiser and wiser though.
or you can transfer funds weeks or months in advance and have multi-tiered ridiculously low limit orders set for increasing amounts as they go down just for times like this, and then just kick back and wait for the whales to do their thing. i might not be making millions, but i’m gonna get at least one buy that ends up giving me the same % returns as those fuckers are getting.
not only them btw.
financial inequality is already backed in, you cannot stop big money with crypto you need to make make a more equitable environment for capitalism to flourish. for every retail trader that made money on gme or crypto, a smaller number of rich people made more and risked less.
you deserve an upvote for the username itself, sir!
they have just loaded up their bags. thats why they made this statement lol. goldmansucks
very poetic. my version. roses are red. violets are blue. my candles are green. so fuck you.
cause i'm ready to go-oh-oh
besides the fact that report came out several days ago
it's a good signal to monitor, just do not take it at face value
a lot of people do give fucks at what goldman sach says. these people will gain interest and confidence in btc and perhaps start buying. i too don’t care what gs does and says, but news like this will bring buyers to the market. the effect is more important than the cause.
> this stuff is decentralised for a reason. no amount of tech can ever compete with social engineering and the pitfalls of the human condition. crypto is an asset class that absolutely will bump and grind based on what financial influencers say today, tomorrow and for the rest of time. not caring what these influencers say is not to your advantage.
this aged well :-)
exactly!! now i will sleep way better!
maybe next time we will get it right.
this is the way (of assholes)
you were able to write out words larger than "why" "you" "are" "and" and "be" "money". the "b" instead of "be" has me perplexed because, well, if you were adamant on saving time you could have simply summarized with: the price is down, they want boomer clients to invest and profit right away for control. y you no write so good?
and buy nano instead.
yeah thats what i was thinking this could very well be played for one last dump into the bear market
exactly, gs are not your friends.
this is a crypto sub sir.
but why now, why not when it was 60k? they bought the fucking dippity dippy dip dip.
not we the clued up reddit crypto sub dwellers. but the masses, the instos, the financial gurus that need to stroke off to approval from one of their own. overall, bullish for crypto.
thats fine for now, these fucking nobends wouldn't know bitcoin and eth occupy the same space until they get butt fucked by another analyst in their hq. let them buy into bitcoin, fill their already swelling bags, yea they bought the dip the cunts, they want to get their crony fellow fuckwads in on the bitcoin train by spouting yadda yadda yadda new asset class woot
is coinbase bad? what should i use instead...? why is it bad, if so?
why does the price of crypto matter for coinbase stock? they make money on the trade... thats when you buy or sell. so news of high volatility and high volume would matter more for their profitability.
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a winnar is you.
why am i not suprised lol
fud and then stock up. that’s their plan.
>this is a very cynical way of looking at this. very cynical and correct. if you pay attention to how the world works long enough it is inevitable to come to this conclusion for most of the financial markets.
cynical = "i know they are a bunch of sociopaths and sociopaths will sociopath"
they were probably loading for months, and dint like the market momentum, thus the statement now.
lol. ngl. u had me in the first half.
guess who bought the dip?
this is exactly how banks work
well cynical would be to imply that the dip was done purposely, so they could fill their bags. which...i mean...
worst thing is people keep falling for this shit. my ass is ready, where is my 50% green dildo?
im not excited about the biggest lifeless corporate scumbags supporting crypto tbh. but the i told ya so moment is nice
i so wish i held as much as 0.01 btc. i have to count my stash in satoshis.
they just see a way to make money. they don’t care if people are onto something or not.
are you saying that they are trying to manipulate the market? that nevah happens ^(tm)
thanks goodness. i feel so much better now.
hey i bought the dip yesterday
so true, it hurts
just saying, they are only doing this so they can offer it to their clients and take fees. they don’t care about anything else
"mishter goldmyan,hev you loaded up on ze deep?" "yes master" "pomp eet"
to be fair, buying the dip worked, which doesn’t take anything but a little bit of will power. it doesn’t make sense to sell at a loss from a rapid fluctuation. it’s a nauseating ride, but the time honored advice works. i agree that if it’s true that they crashed the market intentionally, that is absolutely crap, but people who follow the advice did fine.
this is why you hear a lot of us screaming hodl
weirdly it was younger whale accounts that got hit the worst, not the plebs. us plebs were yelling buy the dip at the top of our lungs.
the thing i at least like about crypto is that they cannot make money for themselves without making money for everyone else too. and everyone can buy at any price point because of how divisible it is. big money always wins, but they have to pull everyone else up with them.
yup. be ready for the pump and do not be shocked at the next dump. don't be fooled into thinking it only goes up. figure out the pumps so you can prepare for the dumps. or just buy as low as you can and hodl.
what’s so important about 0.01 btc?
not to mention elon spouting china fud, only to do a 180 today and now he is back into bitcoin.
that looks pretty scarry.
holy shit that is so cool
that’s all the “buy high sell low” losses.
that just feels like a full circle. back to where we started then. if this is to implement changes, the buys should and could be regulated.
exactly, and not just bitcoin but now alts like eth which they didnt have before.
no one knows. in fact w-world economic event it is virtually impossible to definitively conclude on causality because the best you can do is use models that were constructed via a different (and hopefully generalizable), experimental setting, and combined w, economists. it could have been a combination of elon's tweet and the news from china, possibly in conjunction w, but who tf knows.
>we're focusing on selling... but if something is being sold successfully, something has been successfully purchased as well. nor necessarily, this is how shorting works. basically you sell to buy from yourself again.
nah, banks would not sell, they will lend it and short the fuck out of it at the end of the year
i didnt realise the welsh were so into their crypto tbh. bad enough that they beat us in the 6 nations!
any sources that whales are moving stables into exchanges right now. i also keep hearing the opposite right now that selling volume is at an all time high
just as subtle as elon was with the the coup he planned with the cia?it is at a point they want us to know they are laughing at us.
cue evil morty "is that enough... off the top?"
yeah, goldman sachs talks like that
haha haircut. it’s funny because that’s a financial term for taking money off the top of profits :(
youre joking right... it is pretty obvious...
so true. it could be the bounce or a bull trap even. it could be many things, but shit gets back on track just for a bit and everyone is on the moon train again. little caution goes a long way.
i think the uber technical term you are looking for here is “dead cat bounce.”
underrated comment right here.
que wyckoff thistribution. the optimal pump-and-dump.
moving money to and from crypto when they please and when needed. the entire market is manipulated by a small cabal of bank leaders. it has to be. how can everything appear so coordinated?
ding ding ding ding, correctomundo
so what does your crystal ball say btc has to be when they sell again?
give me that fiat cheat.
wait. so right now that they are classifying it as an asset… we should sell?
some guy posted about bitcoin’s recent pattern perfectly following a wyckoff thistribution, i’d link it if i could find it. worth the watch
the moon seems to like you in it as well ![gif](emotespacelike_emotespacelike)
yeap. decentralisation has more benefits than thisadvantages
they do this shit in the stock market every day. what goldman did has nothing to do with it being an “unregulated” market.
if it was unregulated you wouldn't have your tax information sent to the government and john mcafee would be a free man.
bitcoin is regulated to a large degree already. taxes are regulation, just as an example.
who would've thought water could be wet, right?!
it's not really that. it's more that it is very suspicious that the last 2 weeks has been non stop bad articles against crypto and a string of bad events. but then all of a sudden goldman puts this article out today and other institutions and investors were like oh yes i love bitcoin now. i think alot of people just do not really trust the elite these days to not second guess stuff that happens. you can def see it on reddit and other forums, the influencers. like if you owned multi billion dollar company for investments. what's paying a couple kids 30k a year to make comments on forums everywhere to influence the price. edit: i'm not a wsb moron so with that type of conspiracy stuff, but i have been getting more wierd about stuff
bitcoin is like the new nintendo for boomers. everything is bitcoin.
i'm relatively new to crypto, so please go easy on me, but can you explain to me why a 51% attack on pos is not significantly more likely and more effective than a 51% attack on pow? a patient state attacker could thisguise a gradual pos attack using thousands (millions?) of addresses programmatically accumulated over time. that would make it difficult eradicate the "virus" with a hard fork. it would be especially true if they used the media along with their capital addresses to induce a panic selloff and bought the ensuing dip with a different set of addresses that would be used in the actual attack. the original capital addresses would be presumably made whole again by any fork that attempted to undo the attack, leaving the virus intact. for all we know, with a mere 300b market cap, some state actor might already control 51% of eth spread out among thousands of addresses and they are just waiting for the right time (post eth2 launch) to pull the rug out from under us.
got that big, meaty, delicious stake going right now. love me some eth.
i keep up with the non-technical news as well, just so i can try to make better sense of short-term movements (i do not make better sense of it, i'm so new to actually investing in crypto and feel like 3 kids in a trench coat yelling bid adult words). but i'm in the same boat. i relaxed, spent what i could on the dip, and only checked in while i had a smoke in the mornings (and i got a vape pen to help me quit, so now i will have more money to buy crypto with. the fomo of crypto is overpowering the fud of quitting...) tl;dr fuck the whales. if i could not quite bring myself to sell at ath's last week, even when i had a gut feeling it would dip "a little" and i'm kicking myself now because i could use some of the gains i had, they sure as fuck are not prying me loose from my coins when i'm in the red...
hate to be the bear, but they wont. a cycle of new people will take their place and a lot of people that got wrecked will quit altogether. expensive lesson that they hand-dug themselves into by not dyor
or, you know, move past capitalism.
i might have to put this on a t-shirt.
i understand the community is growing and some people appreciate institutional money. i'm just stating the suits will hijack the very initial meaning of cryptos.
there will never be something that is not touched and manipulated by people with lots of money and a desire for more. i love the noble tendencies but i'm here for the f****** money that is all i care about. i'll save all my noble tendencies and goodwill for my children and grandchildren but i need to make sure that we have lots of money because it is up there with oxygen as far as tools go. so i hope every bank and scumbag institution in government in the world buys this stuff and buys tons of it so my little piece of stuff goes to the moon.
hopefully i'm super early next time 🤞🤞
there are other better alternatives than bitcoin out today. actually most of them are better in every single way. we should all just collectively pick one and mass buy at the same time, flipping bitcoin within a day in market cap. wonder what would happen.
as long as the price can move due to market factors, big money and centralization in one form or another will happen every time a coin gets big.
why say many word when few word do trick
y you not write *well* *
cuz publik skool. i failed to get "hooked" on phonics. as my vocabulary allows me to articulate my ideas in such a way as they are clear enough to be understood i've found that more often than not words that can be phonetically read by using a single letter to represent the word will suffice when delivered via text. i apologize for the offense that may or may not have been committed in haste.
time to buy gold
honestly cannot help but wonder if they played a part in the dippity dippy dip dip ^.-
i think hating them is redundant. that being said, i'm saving this post... just you know... in case that their sentiment shifts to the other way. kinda funny remembering someone (goldman sachs or jp morgan was it? i forgot) that some analyst had valued the eth at 1000"network activity"
i am not saying it is bad, as i use coinbase for my crypto. i invest mostly in the stock market and coinbase share price listed at over . it followed the sharp crypto decline and lost a lot of folks money. the stock is pretty volatile because crypto is volatile.
because the utility of their underlying asset is in question or made out to be. if crypto gets banned or does not get adopted...what is coinbase worth? if you do not think the price of crypto effects share price of companies dealing in, just go watch riot on the stock market. it surges when btc surges and pulls back with it because dealing in it is part of their balance sheet. the stock market is not based on reality as much as it is perception. everyone is trying to predict the future and gamble.
when jp morgan and all the other institutions showed hints of interest, we knew they weren’t gonna get in ath. this crash is ironically unsuprising.
i am jack's complete lack of surprise
these guys doesn’t know what backbone is. money over blood.
as a sociopath i fully agree
they want people to be buying it.
matic is up 100% since the dip lol it was a big green dildo
>my ass is ready, where is my 50% green dildo? bitch, please. 500% green dildo.
matic is up 118% today. there's your dildo.
exactly, if you believe in crypto then it makes sense to hold coins you believe in based on amount rather than its fiat value, at least while you don’t need. if you believe in it’s use in the future then you believe that the higher fiat value will come at that point
what we can do is short squeeze them the next time they load up their shorts and they change press sentiment. make them be wrong about a dip. that would be grand. edit: big corp shills, all of you
i'm welsh, can confirm that i'm into crypto big time so op must be correct.
exactly. those new to the market suddenly start seeing green and start going all in with their money which is exactly what the whales want so they can do a coordinated dump later and make a quick easy profit, meanwhile the average person is left holding the bag and burnt.
pretty much. i think its from people seeing the sudden price appreciation and then thinking they are in the clear to buy back in. maybe they will be right, but if they are wrong, then i think the next move down will be painful for them.
it's not manipulated by a small cabal of bank leaders. there are just people who know the rules of the game - meaning they know when to pump and when to dump just by seeing the movements in the market, and react accordingly. then there are people who do not know the rules - me, probably you and probably 90% of this subreddit.
prob at new ath and any fud news. i think they’re more opportunists than the typical conspiracy theory likes to imply.
that'd depend on how much exposure they have on the rest of their investments & the amount left in cryptocurrencies, now wouldn't it? among other things. if someone could track that information down and do some math, you'd probably get a decent estimate. i'm guessing around the middle of next month, but i do not have any experience or fancy tools.
both yes and no. i wouldn't count this one statement as bearish. however, if most online news papers started saying it then yes, it would be indicative of future bearish price movement. essentially, whenever online news outlets indicate that you should sell, you should buy, and opposite.
and i reckon that means shit to 98.8% of btc owners.
if most bitcoins are in the hands of a few, and 70% are mined in china, how the hell is this decentralized?
decentralized does not mean it cannot be manipulated. crypto's value is tied to fiat currency. so whoever has a large sum of fiat currency can just buy up the majority of the coins. once they have a large sum of coins, they can pump and dump it as much as they want and you cannot do shit about it because it is decentralized, unregulated, and are poor as fuck.
even the mob had to pay taxes on their ill-gotten income. i wouldn't call their criminal empires regulated because of that.
and there would be a million exchanges if it was unregulated. i think this sub is getting a little ridiculous in the teenage-level groupthink here. look into how hard it was for the winklevoss twins to open gemini if you actually believe crypto is unregulated.
that makes perfect sense. thanks for the explanation
you kids these days and your bitcorns!
well, fundamentals first, if an attacker has the financial resources to pull off an attack on pos, they for sure have the financial resources to pull off an attack on pow. (i would argue it takes significantly more to attack pos but that is not the question...) your question is "okay, so they attack it. can they succeed and make a profit by being sneaky?" to which my answer is: in both cases, i think no, because if you want to actually do anything malicious it is impossible to be sneaky, i explain: first, they would need to own 51% of all the currency. that's an absurd amount of fiat the attacker no longer has, so they have very strong incentive to keep it and make the coin not lose value. in your specific case, you do not actually say what malicious thing is happening. sure, they own 51%, but if they are not doing anything malicious they are just securing the network. the moment the malicious validators (with collective 51% stake) try to do something malicious (censorship, double spend, etc etc etc). the community notices. it does not matter if it is spread over 1 or 1000, the malicious validators have to make themselves all known in order to do anything malicious (otherwise the 49% would win). and when that happens, a hard fork is done and all the malicious validators have their coins deleted. hard fork would also probably lower the value somewhat, so if they had any other coin stored away that would lose value too.
actually a malicious actor only needs 33% to halt consensus on any proof of stake network, but the problem is that they’d have to spend an awful lot of money to acquire 33% and then the value would tank once it’s apparent that a successful attack is happening.
>i'm kicking myself now because i could use some of the gains i had, they sure as fuck are not prying me loose from my coins when i'm in the red... yeah i feel ya. i just get spooked at "tops" because i start thinking that people could fomo in even more and i'll be left out of the market for longer than i'm willing to bare.
ultimately i agree but until we have a way to allocate resources more effectively i think markets are more robust. that does not mean we cannot have a labour centric model of capitalism where our labour markets have more bargaining power and unchecked wealth is curtailed at the top.
if you're thinking someone will code a crypto that thisperses ubi, you need to consider that the crypto has no way of knowing who's a person and who's an address.
sweet. do one for me too dude! but replace every word with fuck, i need something controversial to wear to church.
i’m hoping *somehow* pi network becomes the next bitcoin… long stretch but i’ve already “mined” a fair amount of them and they’ve been advancing on their roadmap… who knows maybe it’s worth something someday
yeah, idk a ton about stocks and am new to crypto even. i have researched various crypto for roughly six months and only been trading for two weeks. i invested . trying to learn before i spend and once i’m more comfortable i’m going to invest , which comes to nearly 4k. after the first year i expect to have a better idea of things.
just buyin' the dip like the rest of us. just bigger bags.
if you want to do anything right follow the whales, if they are buying so should you, if they are selling so should you.
i am jack's panic buying amygdala.
“it’s only after we’ve lost everything that we’re free to do anything.” (this doesn’t translate well to crypto i’m realizing...)
that brings back memories of days gone by. sigh.
lol. damn, i was just watching this yesterday 🤣
yes because they just got in and want to see new aths. they liked the last ones, but these are the type of people who instigate wars with falsehoods, political ties, and propaganda, because they bank on the sale of arms and weaponry. they want something shiney, new, and higher. they dont care about the moral cost of getting it,just cashing out.
the dildo or the dip?
it is tough with the echo chamber in this sub quickly flipping to that *the end is upon us* bullshit
we could squeeze them through transaction fees
this isn’t gme bro, and a lot of people here are enthusiastic about crypto not just the trading
except when it is.
do you think btc is still on for a drop to 20-28k?
but if *everyone* began to take this advice, then you’d once again have to inverse what you were doing. essentially the advice boils down to “try to move in the opposite direction of the crowd.”
me, ha ha but, the way bad news has been timed along with bizarre periodic crashes i've found it difficult leaving the tin foil hat in the cupboard. it felt coordinated.
shhhhh we do not question these things.
decentralized usually just refers to the underlying technology. essentially, instead of having to rely on a bank you use a decentralized network of computers. this allows you to truly own your currency and have complete power over it.
i'm out of btc completely. go eth with the portion you would've spent on btc.
you had your chance to mine before they got involved.
doesn’t matter if it’s regulated or not. hell regulation in the stock market helps them more than it hurts them, and the same stuff happens in the stock market. that’s why if you’re doing anything other than buying something and not looking at it for 10 years, it’s vital you learn technicals, behavioral economics, etc. if you aren’t watching over these people the way they watch over you, and don’t try to make moves before they do - you’re going to screwed over unless you just come out lucky or you’re early enough to where it doesn’t matter.
so does this make me a mini mobster
in the case of a state actor, no amount of fiat money is more important than keeping control. and we're only talking about a few hundred billion or less right now. the federal reserve just printed 'm pretty sure the ecb printed a boatload too. i do not think the goal of such a pos attack would be profit. it would be to undermine confidence or have enough control of the protocol to undermine its freedoms. in a hard fork, are the validators' coins simply deleted and the network moves on with the remaining 49% eating up 100% of the market cap? or are those coins returned to their prior owner? or something else?
that's why i could not do it. i knew i'd make the wrong choice at the wrong time, like always, so i'd rather be stuck holding and buying more at a thiscount than getting stuck in the opposite situation. dca towards my goal really has worked best, and i barely dipped into the red for a brief period.
that is honestly not a bad idea. invest small amounts you are comfortable not touching for a while and can afford to lose. all of this is gambling.
yup, while they’re stacking whole bitcoins, my poor myself is stacking couple of satoshis... but memba, those sats will be one day full big boy bitcoin itself.
buy now? are we still in a dip?
yes and no, for some reason when i sell high and buy back low i have to pay taxes and enormous fees on the exchange. they do not seem to pay taxes and i wouldn't be surprised if they just call the exchange to buy crypto and the exchange sells them the keys, no fee or keeps it in there vaults. yes i could be wrong but we all know about the taxes
is there a way to easily look up the aggregated movements of the biggest wallets on the blockchain? could be some interesting intel, at least until a lot of people start to use this information
they are pumping it so you will buy. and then they will dump it until more sell.
**even better idea:** buy the dip and hodl.
how are you following the whales? wouldn't you be following old news generally
100%... buy when you can and hold, that is the best way to grow
i want to know more about it. how do you know who the whales are?
rich people already have too much power, do not hand over your decision-making to them as well. they also have tricks and special deals you do not, so trying to copy them is a losing game.
pretty sure that movie ended by bombing credit card companies, by extension financial institutions
sir, this is a….wait i think you’re right.
they can cash out whenever. let that bear market come round... its vicious.
dipped dildo... in rubbing alcohol of course.
that’s why you have a plan and don’t follow the advice of a reddit sub
well i was and still am also nervous. the echo chamber doesn’t help that’s for sure. better to be invested in projects with strong fundamentals. one thing i definitely learned from this dip is to take some profits on the way up next time. but selling at loss, even with the plan to buy back lower, for me doesn’t work. it’s to stressful and the market is very difficult to time correctly.
we still want their money tho
i am not a gme guy. still. giving the manipulators a little setback would be nice, especially since they are so transparent. we have been perfectly following the wycoff chart - a chart designed for wealth rethistribution from the little to the big guy. my point is - we can hurt the big guy without crashing the market.
how much fiat will it cost me? and what's the current market cap?
people on here have been confidently blaming china, citadel, elon musk, bitcoin whales, and now goldman sachs for orchestrating the dip. are they all working together? the more likely explanation is the price fell sharply after an insane rise, like it has all through cryptos history.
no idea. there is no way of knowing. you can compare old bitcoin bull cycles to this one but the reality is that there is not a lot of history to go on with that. this market is literally just peoples fomo and fud manifesting to the extreme every time a sliver of news comes out, good or bad. the fact that it can drop 20% because elon musk tweeted something bad is evidence of that. so my opinion is that it could go either way from here. china could come out with a message saying that they have reconsidered their stance on bitcoin, or biden could say he wants to tax bitcoin holders in some way, and either of those bits of news could drive the market up or down double digit percentages in a few hours. we have no idea what kind of news will come out next, so tbh, you're just betting that the next tweet will be in favor of crypto. i think the reason why people are so confident around here is that they have not done any research other than watching youtube and getting hopium from that. what they do not realize is that these youtubers are not financial experts a lot of the time. most of them are just cherry picking bloomberg articles that support their opinions and then reading them on their channels, which in turn causes all their viewers to have that same opinion. its confirmation bias the same way that facebook groups have caused political extremism. people seek out the articles and videos that support their theory because they want so badly for it to be true.
"bizarre periodic crashes" basically sums up the entire market capitalist economic model, tbf
it is coordinated. nothing happened may 11th-22nd. no bad news. no thismal performance. no hacks. no loss of function. no change in fundamentals. just a two week dump for no reason.
then, at the end of the day, we cash out our crypto into bank accounts (a centralized currency) that allow us able to physically purchase a things we need to sustain or enhance our life styles (house, car, loans, weddings, retirement etc). i’m new to this, but i can’t help but call out the absolute bullshit of the “decentralized finance” aspect of all of it. take it for what it is: a wild new form of investing that will ultimately end up at a lose or a gain to your regulated, centralized bank account.
dont people put their crypto in wallets? they seem to store your crypto like a bank.
so it "was" decentralized?
you can be anything if you believe in yourself.
i do not think there is any set strategy, it would be decided if it happened. the two approaches i can see are: they could decide to ignore all transactions withdrawing from the malicious validators or they could decide to burn all the malicious validator coins. the end effect is the same, those coins are out of circulation so the 49% now make up the entire market. i do not think returning the coins to the "prior owner" would work because the prior owner could be the attacker themself.
you've done very good work.
frick i hope so.
yup. i paid . happy to do it and i believe it was the most i’d ever paid for it.
i do not work at jp morgan bro!
yes. kraken offers dark pools for large purchases. i could not imagine coinbase not doing it too.
you could always convert to a stable coin instead of selling?
yeah this fact keeps me from daytrading. unless the dip is (predictably) ~30% or higher, it’s risky to sell and in principle you should put the taxes on the side instead of going back in with 100%. my speculation is that this dip was partly triggered by people needing to pay uncle sam the taxes they owed by daytrading and going back in 100%. it started right before the (extended) us personal tax deadline.
taxes are for little people. if you get enough money you hire accounts to find the holes. if you become rich you join up with other rich people to ~~bribe the politicians~~ pay lobbying groups to keep taxes minimal for the rich.
i’m with you. no way am i winning at trading after accounting for taxes. only buy and hold will work.
enourmous fees on exchanges bruuh binance is like 0.10% how is that enourmous?
ya i guarantee they do some sort of off exchange transfer. wouldn't any significant purchases be shown on the blockchain?
bro you're doing it wrong, hold in usdt then deposit totally tax free to a german bank account after a year
you can watch whale alerts all the time on twitter. but also onchain data.
onchain data is your best friend.
there is a reason i was calm after this dump because whales were buying while retail sold in panic. i don’t think you understand how they can affect the markets. especially a unregulated one like crypto.
all while holding each others hands. so romantic.
actually in the book he just goes insane
goldman sucks but goldman stacks.
green or red? or it doesn’t matter? ![gif](emoteemo_pack_1dancing_wojak)
i havent sold a damn thing. i bought the dips. 4 of em at least, across multiple blockchains i even bought two assets that were hit with flash loan attacks to help those investors rebuild. the only stable coins my wallets have seen were purchased with fiat and are long gone. but its defeating to tell people *its foolish to sell if youre in the red*, and get downvoted to hell and shamed for it. and by people who have 10x+ the amount of moons especially when upon returning to the sub and thiscovering that, newer posts are filled with stories like *i sold at a loss because i thought it would continue to tank and i would just buy more. then it immediately started going up again, so i bought back in higher. and now its been going down ever since* fucking yes! this is why we say *hodl* in these times! if you werent intuitive enough to take a risk and make some profits at the top, and youre not still way in the green, you sure as hell arent taking any now... just sit and weep until you go green again. realizing a loss aint it.
but what if i get a plan it means that i follow your advice on reddit? i’m screwed both ways!
\[pulls out notebook, takes notes\]
i think the dynamic in most markets with respect to big institutions and average retail investors is pretty fucked. also broader socioeconomic inequalities and unfair differences in opportunities based on class. it’s sad how this stuff brushed under the rug and attention directed at identity politics or ‘wokeism’ or whatever. the left in most western countries is increasingly comprised of the privileged, which wouldn’t be an issue if it didn’t coincide with a complete shift of focus. anyway, my original comment was just pointing out that this kind of view isn’t really at all related to general crypto activism or enthusiasm. it’s probably not bad atm if crypto continues to get big corp attention (which will be faster and more substantial if they make profit)
well, nevile... i got some news... china has done this many times before. also, this past week was the eom for may 2021 bitcoin futures. today marks the bom for june 2021 futures. so it was orchestrated, but nobody saw an earthquake happening in china. this was what killed the price. notice china got real quiet after the earthquake? because they wanted to control the market narrative, not fuck it up.
fibonacci retracements will help you a lot.
welcome to trading? that's the way markets work. [animal spirits](
right, that is why adoption is such a key component to cryptocurrency's success. the tech is being developed to make things more accessible to end users, once it is as easy to pay for things with crypto as it is to pay for things with a credit card i think we'll start seeing more and more places accepting it. it really is still in the early stages, in the next 5-10 years we're going to see a lot of changes.
you gotta do some research man. of course i could explain how a wallet works, but it’s not really difficult (but super important) to find out yourself.
wallets are not centralized unless they are attached to an exchange, and you shouldn’t use those wallets. a regular crypto wallet does not hold your money “like a bank” in any shape or form. wallets are just addresses in the blockchain, the wallet app you use doesn’t hold your money.
the cryptocurrency equivalent to a bank would probably be an exchange like coinbase. you can buy cryptocurrencies through the exchange, but they technically still hold the currency until you transfer it out into a wallet of your own. and the wallet itself is essentially just a piece of software that allows you to interact with the blockchain (which is where your cryptocurrencies actually live.) the wallet has an address on the blockchain, and a set of public and private keys which it uses to verify transactions being sent to. these are good questions!
i think you're misunderstanding what the decentralization is about. it's not about a rethistribution of wealth, it is about removing the need for central powers that control the movement of money e.g. banks, governments, etc. there will always be rich people and poor people, bitcoin does not solve that, although there was a brief period where anyone could mine bitcoin with a pretty standard computer. the rich will always be able to buy more gear to mine more than the poor or just buy more outright, but they would not ever be able to print more btc, they cannot confiscate your btc and they cannot stop you from moving it around. the fact that the majority of btc is mined in china is somewhat of a problem though.
>i do not think returning the coins to the "prior owner" would work because the prior owner could be the attacker themself. yeah, i agree; that is what i was getting at. so that concern seems to be pretty effectively covered by being intelligent about the fork. now what about simply co-opting the rules of the protocol through economic investment of fiat? let's say the fed or the cia decided to secretly cough up % of eth over the next few months. (maybe it would take more fiat, maybe less) then just play along with the community after it goes pos, happily staking to keep up with inflation and also playing a shell game to obfuscate their giant stake while letting everyone else transact with the remaining 40%. but every so often they use their economic majority along with media influence to get subtle eips introduced that erode freedom in barely perceptible ways that add up over time. is that a concern? are there other this-incentives besides economic ones that help keep pos protocols 'pure'? my take was that pow would be harder to co-opt because the government is not going to be able to control 95% of the nodes (or whatever crazy-high bar is needed for a bip). i do not believe the government is capable of building asics better than the free market or of buying up the newest, most superior asics to dominate mining. and even if they did dominate mining for a time, on their own they could not change any protocols, they could only perform some ledger shenanigans. i think the energy usage is also a contributing factor adding to the difficulty of executing an attack. you can print enough fiat to buy anything you want, but you cannot print energy. thanks for engaging in honest thiscussion, btw.
they have prime broker.
i wonder what the lower limit is, not that i'm anywhere close. fiat miners do not get those privileges
if you all want true adoption to happen, your gonna have to suck it up having taxes being apart of it.
that's still a taxable event. you're cashing out to a new asset.
yeah, i did not even think of that, it makes sense. especially since i kept hearing a lot of complaints on reddit about americans dumping. i had defended my self a few times about that, and noticed it was dipping in the mornings here. i'm sure it is a lot of factors but that could definitely add too it.
i cannot use binance where i'm at. and the fees i was talking about would be avoided if i just sold you the wallet or put it in my vault. plus these exchanges have there own networks, that is why some of there fees are lower than if i sent it from one wallet to another.
only if they move the crypto from wallet to wallet and it was all at one address. if the exchange holds it for them, then we would never know. also they could hand them the keys to a wallet or several wallets. this just a thought. i do not know what they do just options that they could do any of these. also they have there own network and can set there own fees for most coins
i would have to learn more about that. basically here in the us if i trade coin a for coin b then coin c i have to pay taxes for all those transactions not just when i cash out, which also means i would need an accountant, at least the first few times.
and with a hole in the side of his face.
actually i said movie
but most importantly. goldman bags.
have you heard about r?
just buy hold and wait 5 years 🤷🏻‍♂️. really is that easy.
if a natural thisaster killed the price, that doesn’t sound orchestrated to me. sounds like regular market forces i’m pretty sure goldman sachs, with a market cap half the size of ethereum’s, does not control the price of the entire crypto market
so far, theres a pizza place in my hometown town that has accepted crypto for years (and funded 3 new locations with it) and random craigslist ads looking to trade an item for crypto. i know i’m still very new and trying to wrap my head around it all, but i still see this currency as an online currency only. new tech companies will benefit from it but if crypto holds the majority of traded currency in 5-10 years, how will that impact the market for housing, gasoline, lumber, grains, metals etc. how do regular people pay for the items they need to maintain their basic material needs? speculating the price of wheat has nothing to do with the success of eth and vise versa. and i’m only speaking of the us market. i can’t begin to understand how that would effect the world globally. not trying to argue, this is a legitimate question as someone throwing a few bucks into the game and wanting to learn more.
yet here i am doing my own research.
which wallet do you use?
and that was a good explanation. understood it on my first go.
i see. do you know how exactly is bitcoins perceived value messured?
no problem, i'm always open to being proven wrong. so your hypothetical here is that some state actor buys up a majority of the ether (seems like you're focusing on ethereum in specific so i'll address that), and then uses that to somehow influence further development. for sure they could propose eips, anyone can do that. but actually getting an eip accepted does not involve a stake-based vote, it involves talking to the community (normally done through ethereum-magicians.org ), the devs of the node clients, and the six current eip editors, getting all of them to approve. so in short i do not think that would make it any easier for them to get an eip accepted... if they wanted to destroy ethereum it would be far more effective to hire pr firms and whatnot to split the userbase and ruin its credibility.
most of my eth is staked as well
on kraken the requirements are 100k usd for btc and 50k usd for eth. there's some identification requirements too.
ah i did not know that about the us. in europe as long as you exchange crypto to crypto it is not taxable.
actually i know i’m just saying we might all lose our minds before demolishing the major financial institutions
they have over 2t aum what are you smoking
of course! you're just doing your dd. so all of those things would keep happening normally, they would just be allowing their customers to pay with a 3rd payment option. cash, credit, or cryptocurrency. most people are not really exchanging physical currency much these days, it is all happening electronically and being verified by your bank or credit card company or whatever. with cryptocurrency you can just cut out the banks and credit card companies and replace them with programs that automate things for you (often called smart contracts.) this way you're not relying on another company to handle your money for you. you can do whatever you want with it, whenever you want, instantly. to me cryptocurrencies actually have the most utility for impoverished countries or people kinda living on the fringes of society. think of how much information you have to give to a bank before they will set you up with an account. your address, social security number (i think?) and all that jazz. with cryptocurrency you just need an internet connection and that is it. the us has a pretty robust financial system and it is easy to get loans and credit and grow your wealth if you're well-off, but that is not the case for everyone everywhere. it kinda levels the playing field by creating a currency that is used by everyone in the same way all over the world. as for its impact on the markets, i'm not sure if much would change at all really. it would just be allowing people to pay for things in a different way ya know? the items themselves would still have their own inherent value, you would just exchange btc for them instead of usd.
asking redditors is the exact opposite of “doing your own research”. dyor means type it into the google search box instead of asking your fellow amateurs. if you’re really stuck on this you might actually need to work on your reading comprehension and technological literacy in general, or just take a step back from speculative crypto investing.
speculatively, as any currency is.
oh , thanks, that is not as bad as i thought, maybe some day.
this is wrong, that is taxable
they changed that in 2019, so i would not spend it on small purchases any more. that's what i started doing in 2016, buy a few hunded in btc, spend half to three quarters and kept the change, it was both working and helping the adoption of crypto. pretty much me and my wife want tp move from here. i only expect it to get worse. i'm waiting for them to say we cannot remove it from exchanges.
some exclusive coin bs! where each coin is worth ,000,000
that’s a different metric. their client’s money, not the company’s bank account. point taken that they have a lot of capital under (partial) control in the traditional markets. but not nearly enough to orchestrate the things some people are accusing them of
indeed, but who tells me that whatever info i found on the web is not also written by some amateur redditor? if i ever need to go in deep, ill do that. so far im just curious asking around. also, explanations here are being very simple to understand, unlike some heavy loaded articles around the web.
i know its speculative, but how does it translate into real world actions? what happened for the crash to happen?
this article does not include a quote from warren saying anything. this may be true, but there is no source.
i'm not sure op read the article; this is not about warren trying to avoid bailing out cryptocurrency markets at all. (who would the money even go to in a bailout?) warren is trying to avoid bailing out _banks_ who overleveraged on cryptocurrency. she does not think taxpayers should foot the bill if banks hold a bunch of cryptocurrency and their reserves get damaged in a price drop, for example.
lmao bailout crypto? who would they send the money to?
oh yes please bail me out. i've made some horrible financial decisions. lol
i mean, yeah, if large institutions overleverage themselves with crypto, crypto-backed assets and securitizations etc, a large correction could really screw them. and they might ask for a bailout, but governments should say no, and then maybe large institutions will start creating value again rather than speculating.
elizabeth warren represents everything that is wrong with american politics. a white boomer who stole an indigenous person's seat in school. a demagogue who panders to whoever she can buy a vote from. a leader who has never led a business. and an adversary to the most egalitarian monetary system ever created. a slave to the banks. a puppet to cronyism.
lol thats the beauty of it, it folds by 80% at least every 2 years and does not even wreck the economy or permanently indebt the population for a generation.
questions are: 1. did retail investors ever need a bailout or did they cause it? 2.did institutions ever need a bailout or did they cause it? so now we answer that and regulate regarding to our findings. another question: who is paying for the bailout? 1. the people that hold 90+% of the worlds money. 2. the people that hold 10% or less. now we answer that and see what we should do about that. and a last one. who pretender that suze orman was a real financial advisor and helped her in her scam? answer that and decide if you would let that person make rules for your life.
this is obviously going to be an unpopular opinion, but she is correct that crypto markets could be used by hedge funds to fuck the economy, just like nyse, mortgage backed securities, or anything else that can be wrapped into security assets. her strategy may or may not be correct, i really do not know, but she is 100% correct that we can get fucked by a crypto crash once those idiots in new york start leveraging their btc wallets in the credit default swap
what do you expect when hedge funds are allowed up to 100x leverage in crypto? we're going to have to pay for their mistakes over and over until people wake up.
i used to be a big warren fan cause of her stance on big tech, but this is some absolute horseshit. how many fucking stock market crashes and bailouts does my generation have to witness before we hold people responsible.
can i get a bailout for all the shitcoins i bought this year?
bailouts are anti-capitalistic. with no failure mechanism there can be no capitalism. to big to fail is only a thing so long as those companies are tethered to the american government via bailouts for bad business endeavors. i understand the idea of protecting jobs and whatnot but at the same time why should corporations that continue to make terrible business decisions continue to get bailed out at the cost of the american taxpayer. especially since trying to get an initial covid aid relief package out was a fucking nightmare for congress since it would go straight to the american people. how in the hell would the federal government be able to bailout cryptocurrency. if you want to regulate it, then just say that. don't fucking gaslight the american population by saying something that is just untrue and completely impossible. it's almost like the democratic party and republican party are two sides of the same coin. protecting big business, banks and wall street against ways that the little guy can make a buck.
no one: usa: \[urge to give bailout intensifies\]
crypto was literally invented as a reaction to bailouts.
i would like one bailout please for may 2021
i feel like her comments have to be being taken out of context here. nobody could really be that stupid could they? how on earth would crypto markets need a bailout? i'm trying to get my head around how that would even be done given that almost all crypto is decentralized and largely run by it is community, who would you give the bailout funds to? i suppose an exchange could possibly run into solvency issues if they did not properly fund themselves but that is more of a 'switch to a new exchange' than an issue where you'd want to give a failing exchange a bailout.
crypto markets have crashed multiple times, have not needed one yet. this is just posturing for an increased crypto tax to protect institutional investors, which retail will pay.
🤯 seriously, who is in their corner telling them these things. 🤦🏽‍♂️
she really need that mit crypto course.
she is just mad because she did not realize the potential of crypto before this spring and entirely missed the early boat. rich people hate not getting supremely richer.
the whole point is that there are no rules, no regulations, and that means no bail outs. you bet your money, you win or you lose
markets? not sure. exchanges? absolutely. they desperately need regulation and accounts need to be insured much like bank and stock accounts are. america went through this in 1929 and 2008 and it was not pretty.
the headline is misleading. this is what’s actually in the article: commenting on the crypto market, the senator compared the asset class to certain markets ahead of the 2008 financial crisis, saying she does not want "the u.s. taxpayer to get called on" to backstop another failing financial market. basically, if big investment banks keep gambling on this unregulated market, they will expose themselves to the same shit that led to them requiring a bailout in 2008.
who’s going to bail out crypto? i don’t see anyone giving retail investors a refund. along with that, this is why we don’t need to bail anyone out ever.
you guys are aware the article is listing bullet points not the full conversation correct?
they're regulating it every year what is she talking about? to an extent that people move to other countries to take advantage of their hard earned crypto. yes, it is hard earned. you're restricting yourself from vacations, cars, cloths, restaurants and saving every penny by hoping it will pay off in 10 years. i thought america is about freedom not nonstop regulations.
meanwhile crypto is my bailout
i'm sure the fed gave her some talking points. trying to make themselves feel important over crypto as well.
its appalling to see clowns support her statement . she literally has zero clue about crypto, using jargon like "shadowy super coders" to label a bunch of open source developers. smh
i’m an idiot but even i know that crypto is funded by gnomes.
the us laws around crypto are a really damning for innovation. turns out that protocol cant even do airdrops to past users of a protocol. dydx one of the oldest projects in the space just airdropped tokens but excluded all us citizens. it really a joke that usa which claims to be the land of the free but under the surface is anything but free when it comes to financial laws, which simply exist to protect those already on top of the ladder. the regulators dont want people to make any money that isnt from their beloved stock market scheme. anything that tries to break the status quo is promptly crushed with full regulatory force
i'm a democrat and absolutely feel like dems are dropping the fucking ball again, much like they did in 2016. this woman is just talking out her ass
she knows nothing about almost everything she talks about, just like almost every other politician hack. whatever field of expo you have - listen to politicians when they speak into it. now after realizing how stupid they are, they are just as uninformed about everything else that they love to pontificate upon. fking parasites.
i think she just missed the last dip so she is trying to spread fud so she can buy the next dip
can someone explain to this lady that there is no company or entity running each coin. it's just a bunch of individuals taking financial control into their own hands. oh, these also happen to be voters.
why does no article ever list what "regulations" she is suggesting? is it possible she is just looking for ways to keep people from creating scam coins? like, having to submit a clear explanation of your coin, and face penalties for pyramid coins or rug pulls? because i'm pretty sure everyone in this sub would be on board with that, but i never see any example of her suggested regulations in any of the elizabeth warren articles posted, but the comments immediately go to "see she is evil and blah blah cronies!" but no one seems to be able to say what she is suggesting that is supposed to be a big problem.
flagged this as misinformation. unpopular opinion: she’s actually quite informed about the crypto space. i can see her concern regarding the precarious nature of usdt (tether) and any exchanges using them, binance for example, will need bailouts if ever people wake up to the fact that tether is the “lehman brothers, fannie and freddie” of 2007. what happens when tether fails like [titan]( yes, very small chance but it exists and continued unregulated operations pushes the risk ever closer to what happened to titan. if, senator warren will be make a [meme]( out all the haters saying she knows nothing. people aren’t rationale, and it took [a psychologist winning the nobel prize in economics ]( to prove it. edit: thanks everyone for the replies, both critique and support- it’s important to keep the thiscussions going even when we thisagree. i hope everyone is staying safe and strong. take care!
i'm pretty sure you all are dipshits. elizabeth warren is talking about bailing out traditional financial institutions who invest heavily in crypto who are going to be over- leveraged when dogecoin goes tits up or whatever. >"as the demand for cryptocurrencies continues to grow and these assets become more embedded in our financial system, consumers, the environment, and our financial system are under growing threats," she added.
anyone who thinks crypto will need a bailout has clearly never been liquidated. the real reason crypto is so dangerous is because it levels the playing field with wall street and threatens banking monopolies. remember that when cnbc is force feeding you the idea that "crypto is for ciminals." its hard to hide crime on a public ledger.
probably better to not comment if you do not get it
how can they need a bailout? they have all my money
something tells me that warren will never be concurrent with her targeted audience
one reason to fight for actual decentralization in protocols. i'd there is a pause button (which many defi protocols have, what do you think will happen if there is a crash due to everything being repothicated so many times that there is too much complexity to accurately model risk? same as goldman not answering phones and lying about their systems being down to get out of taking losses (see big short). i.e. vast complexity and creeping counterpart risk are making a crash possible. fortunately i do not think they would get a bailout, but if these big protocols start complying with kcy, etc. it is just part of the big blob now, lobbying congress with the banks.
she needs to focus on getting banks to stop ripping people off over bounced check fees and leave crypto alone.
i’m all for sensible regulation. i want to get rid of the scammers and shady dealings in crypto. you know who you are …
yes the crypto market crashed, so let us give billions to the people that profited billions crashing it.
i'm on the left, but grandma "tech is bad" can shove it.
y’all have short memories. banks ended up getting bailed out because they were in too deep into subprime lending markets. it’s not hard to imagine a similar situation where too many institutions fomo into crypto, price explodes, institutions double down, economy tanks for one reason or another and crashes crypto market in process, and banks ask for another bailout. it’s not an unreasonable concern as adoption increases….
no functional market needs a bailout. if a market requires a bailout it isn’t functioning.
holy crap people, read the article. she is talking about banks and big institutions over leveraging themselves on crypto and them needing bailouts. not "bailing out crypto". don't know what agenda op is pushing but they are an idiot.
what’s the outlook here? what do we know about the crypto market? super volatile, right? so the problem here isn’t crypto currency but its usage by the financial firms. one example is how much a bank has to hold in assets in case of fiat runs when things go south. when that dips or has to be be converted to fiat, that feedback loop on during recessions and crashes would destabilize the markets. second, we know for sure that the big whales currently manipulate the market. this poses huge risks where some people could liquidate a lot more than what happens now when dealing with fiat. so that feedback loop gets exacerbated and the financial institutions who invest in it then again, become “too big to fail “. there are corollaries in fiat as well, but even governments cannot manipulate their currency at the rate that people can in current coins. (looking at you doge.) those are the concerns i would have, having seen the market (and working professionally in blockchain) for a few years. it gives the opportunity for economic thisruption that should concern people that could take down and bankrupt whole governments.
bailout money? this is literally the dumbest shit i've ever heard. this proves she is done zero research on crypto. that's part of the risk dumbass.
the stock market goes down 5% and the entire country loses its collective shit. crypto goes down 50% and crypto people are like "just another tuesday" we do not need you karen
she doesn’t. but also, stop bailing out companies and wallstreet. why the hell should anyone care if a cryptocurrency fails?
wasn't the dao fork in 2016 kind of a bailout? people lost their money and then they all collectively decided to bail themselves out by changing the rules of the game.
whole point of crypto, there will not be bailouts to one person
she needs a bailout on her terrible platform
she *actually*said: > that an expanding cryptocurrency market could pose a threat to the u.s. financial system if a proper regulatory framework isn’t put into place. anyone thisagree?
i hate that "bailouts" are even a thing
the problem is not bailouts for crypto. it's bailouts in general...
my mind is blown by the amount of people who could not work up the attention span to read 9 bullet points and then commented anyway. i'm more worried about that than any action governments might take with crypto.
she’s not wrong conceptually, she’s just not using the right terminology. it’s like she’s saying the dollar needed a bailout in 2008, when of course it was actually financial institutions rather than the dollar itself. there is a world in which defi and crypto-based lending becomes significant enough that it will require a bailout in an economic downturn in order to avoid issues of systemic risk. we’re a long way away from that point right now though. there’s also a world in which stablecoins threaten to break the buck that might necessitate a bailout of those coins, especially if the instability spreads to other money-market-esque instruments, but that’s kinda a separate issue altogether.
you people should read the damn article before commenting. she’s referring to banks making huge investments in crypto and needing a bailout if those investments go belly up.
no one should get a bailout. who is going to bailout the future generations that have to handle that debt? definitely not sen. warren...
oh brother. correct me if i'm wrong but uh... i think there is some bigger fish to fry than the crypto market "possibly needing a bailout someday", elizabeth.
as much as i don’t like her, we are undeniably seeing the same pattern as we do in the stock market. now the big money is moving in simply because there’s money to make, and it already went from just buying coins and hoping they increase in value (like we used to do with stocks), to leverage, futures, shorting etc. aka exactly the same mistakes that were made in the stock market, that being that it has turned into a casino that has no actual relation to reality anymore….
haven’t read the article, but i have an idea of how this could come to pass. 1. peasants make money with crypto 2. banks see how little money they are making with low interest rates and overpriced securities market 3. “let’s do this crypto thing. we can make lots of money” 4. they overcommit, might even leverage up to maximize returns 5. bottoms drops out and they’re on the verge of bankruptcy 6. “waaaah! government, i lost all my money!” whenever it comes to bailouts, they don’t mean people. they means financial institutions and large companies.
the "article" does not talk about an actual bailout, but in 2008, the housing market was not the only sector of the economy taxpayers had to foot the bill for. warren recognizes the potential for crypto to democratize finance, and that is relayed in the link posted. she is simply proposing regulations to counter crypto scams, and the type of tomfoolery that prevents a sizable chunk of the population from joining the market. it's easy to conclude that the crypto market would be stronger long term with some of these regulations. the crypto space is dominated by a libertarian knee-jerk reaction opposing any and all regulations. for* some people it is the idea that "people should know the risks, and if they get screwed it is their own fault." if cryptocurrency wants to break into institutional spaces though, it really would not survive for long without some level of regulation. i'm sure that is not what people around here want to hear, so let us get some down votes flowing.
i do not think anyone here actually read the article, nor did op present this without his.
pardon the possible dumb question but, would her view make sense if she were referencing crypto derivative products?
piggybacking on the issue of the day to stay relevant.
what are we bailing?
switch headline for other professional with well-respected opinion > change believability of the claim. the claim is valid…choosing a politician as the spokesperson is too easy to cause conflict to thistract from it.
it’s like you guys have no idea why block chain has value.
the times 03 jan 2009: chancellor on brink of second bailout for banks
is this gonna be like the regulations she is mandated for predatory student loan lenders? the mandate where every taxpayer gets a huge hit and the lenders are not held accountable? i'm certain she is concerned because crypto does not provide a way for her to hit up taxpayers for her back hand deals with lending institutions.
comments sorted by new huh. interesting but why?
lol federally insure our losses thank you very much.
yah let me just log into my seeking alpha account...
typical politician that has no idea what she’s doing smh…
the government shouldn’t bail out anyone. without the safety net banks would be forced to act responsibly or die. the instruments the banks were selling were fraudulent. the ratings companies aided and abetted the fraud. we have laws against fraud on the books how many of those scumbags went to jail for fraud?
the thismissive commenters here forget that politically powerful entities like banks are using these ephemeral currencies now. these are the type of entities unaccustomed to working without a net. while you and i would like to see them be destroyed when they fail they have a different view. if there is a crisis, they will go hat in hand to the government ... average people will not benefit. face this reality.
banks have "proper regulation", but how many times have they been bailed out?
try to bailout cryptos :d
she does know what she is talking about. big banks are going balls deep in crypto. my former boss's son makes . at least that is what it was called the last time i talked to him.
she’s worried about crypto in the future meanwhile they are bailing out our entire economy after destroying it.
she knows exactly what she is talking about. she is banking on the idea that most people do not know how crypto works and will listen to her. "bailout? oh, yeah. yeah. regulation!"
the moment you realize... barely anyone batted an eye to what elon said... "exchanges are the de facto second layer of crypto"... (right before he had a pump btc meeting with ) you know the banks already got their claws into crypto deep. i have a lot of hope for crypto. but the way people en masse accepted crypto exchange coins as the "norm"... was a big turning point. eye opening... ...my guess is crypto continues now as a billionaire's manipulation game... until the next big hack... then the regulators will pounce.
well this is kind of correct. the bail outs will happen when the large firms buy in and fuck the markets for the rest of us. there's a reason jp morgan, goldman sachs are starting to buy in. these guys do not make a move like this to take an l.
or we stop bailing out people and let things fail and be replaced.
i'm confused why everyone is saying that is not how it works. if a huge amount of banks invest in crypto and the value drops to . and if banks have issues then mortgages and investments from individuals are at risk ? of course there is a chance their would be a need for a bailout ? what am i missing ?
if multiple 50-80% crashes dont cause the need for bailouts, idk what will
im pretty sure she doesnt own any crypto.
i think she is the best shitposter. if she was here, she would be best moons whale ever.
i think she is just counting on regular people finding her sympathetic for wanting to protect the people... but it’s insane she is making these kind of claims which show she is clueless about the subject. populism.
you’re all bitching but users of failed exchanges have literally already asked for bailouts. if a big enough institution fails then people will demand a bailout regardless of the ideology of crypto enthusiasts.
how many times is the warren fud using cherry-picked comments going to be posted on this sub? if you just scroll through ops history, it would make sense why he posted this garbage article
hahahahah what. bailout? no, your rich buddies and banks who may invest in crypto may need a bailout, as they are wont to need, once they overextend themselves on margin and go belly up. holy cow.
i mean... an fdic bailout if something gets hacked... be about it.
when too big too fail institutions invest in volatile, unregulated, and misunderstood asset classes, they are often bailed out. it’s op that shows they don’t understand financial markets, economics, technology, and politics (and how they all connect)
how would a bailout even work?
what bailouts? lol is this woman on drugs
these comments lmao. insert arthur meme here
where can i send my pub key to? you know to bail me out.
we'll have to bailout the banks that lose their ass in crypto. but again she does not know what she is talking about.
reasonable regulations regarding manipulation, fraud and money laundering are needed but beware of government over-reach.
it's all just words from an obviously uninformed senator. let's carry on
only if millionaires and billionaires start to loose money in crypto will their be bailouts; everyone else just gets taxed
some peoples old old kids...
when it comes to what crypto is, none of our congressional leaders know anything. i would dare to say that including sec chair gensler, they do not fully understand crypto and the tech it is built on or why it has value. being on the outside looking in and never being technically connected to any of the projects or function, you wouldn’t be. a few invest in it, but even they still don’t know. look at what they invest in. they are speculating, themselves. seriously, how can you regulate what you really don’t know. as for even gensler, we always say, “when you can’t do, teach.” so, until there are some people who are really doing the development or invested deeply in this tech space who are speaking into these leaders and guiding their platforms, we will never be truly represented. my proof in what i am saying is, think about how much banking industry issues were not corrected after the 2008 downturn that warren’s own biggest supporters constructed with debt obligations and dark market betting that still has not been corrected. wanna talk about lack of regulation? talk about that!
there’s a lot of hate for warren in this thread, but if you give her statement some thought, it has some logic to it. you can imagine a growing industry that uses crypto anywhere from a moderate amount to complete use. we also have seen ample evidence that these currencies can be manipulated. so let’s say that a growing sector of our economy gets inflated and then the bubble bursts due to crypto manipulation, does anyone here think it unreasonable that these entities wouldn’t seek relief from the government?
seems like nobody in this sub has heard of tether.
doesn’t know what she’s taking about? sounds like a crypto investor already.
a lot of reactionary hate here. this is really a recognition of the thisproportionate amount of value getting pushed into the defi space. just like other financial markets that threatened collapse, that volume of value would have to be supported federally where the government can run a deficit. not bailing it out in that situation could destabilize other parts of the broader economy. this is a compliment and recognition.
mortgage bankers in 2005 when schiller and other economists talking about having to bail out banks folks said "showing again they has no idea what their talking about." mainstream investors, pensions funds and banks are heavily in these markets and if you do not think if the crypto markets crash that they will not push for bail out for the same reasons they did in 2008, then you have not been paying attention since 2008.
if you are a hammer, everything looks like a nail. if you are a politician, everything looks like an appropriation (that you can trade for “donations”).
wait, some bank will go belly up and want a crypto bailout
i am having nightmares from all this elizabeth posts. i close my eyes, and boom there she is!
it might need a bailout because of her idiotic regulations ' did regs keep the banking industry safe?
an unfortunate amount of people commenting here have an extremely limited knowledge of economics, and how it applies to diverse markets, including crypto.
she knows exactly what she is talking about. she is using the right words to get the people riled up about regulating crypto. people hate banks because of bail outs. don’t ever trust a politician’s words
are you joking me? regulations? the whole problem to begin with is government regulation of currency and the market. hell to the fuck no - i will do my very best to steer clear of all coins that even attempt this. i'd much sooner brave the storm of uncertainty than the trodden path of collectivist centralization and government control.
y'all taking sides with democrats or republicans when in reality they are both stupid asf
i guess the bailout would be like giving money to people that were scammed?
could i get some of this 'bailout'?
this is why we need term limits in congress. get these old fucks out of politics. imagine trying to explain crypto to your grandmother.
this is like when they try to talk about guns, or farming. i do not know if i am unique in this, but i do not expect these people to know everything about everything. i would love for her to just say " man this could be bad for some people, and great for others. i do not know though".
2029 great depression 2: dogecoin boogaloo
whole lotta people who did not read the article
who does she think she is bailing out? computers?
obviously it is not "crypto" that would need a bailout, but rather the institutions taking losses from crypto. if , and that could in turn threaten the broader economy. they're going to need regulations regarding leverage and levels of reserve just like every other asset class has.
the title is completely false yet gets lots of upvotes because people are fucking lazy. this is why moon farming works.
please, elizabeth, my portfolio can do with some bailing.
to be honest, most people who trade in crypto also have no idea what it is about.
i lost my families wealth in cumrocket futures. please senator warren, you brain genius, please bail out cumrocket nation.
crypto is the bailout
crypto doesn’t need bail out because it is a free market and makes frequent 80% corrections which all the propped up markets were due for decades ago
the problem is that these people are too fucking old.
ok, so how about regulation limiting the amount banks van invest in, so when it does half every once in a while, the economy does not collapse. unregulated entirely is kind of horseshit.
i need my casino losses bailed out also. thanks pocahontas.
i think she means we may need to bailout bankers over leveraged in crypto like we did in 2008 during the housing crisis. put it on us dummies as usual.
tell it to the hedgies! they’ll be the reason the bailout is needed.
it is extremely confusing to me how trading futures contracts on a finite asset like bitcoin is a thing. doesn't this potentially guarantee a short squeeze in the future? how are you going to promise billions of dollars of bitcoin by a certain date? the liquidity is not that good and i do not see it being more liquid as more and more people hodl.
they just cant help but corrupt everything.
bailed out with what? us dollars?? what's going to bail out dollars?
lol. this is the most bullish news ever.
or be accountable and eat your losses but that is not what the us is about when you're wealthy.
i mean, it is not like they told the too big to fail banks to fuck off when they lost money on derivatives.
she is too old
hey lizzie wazza, could you bail me out from my 20x leverage position i took when i was 3 beers deep and thought i was invincible... ya dog.
hi i'm senator warren pay me in crypto i'll say whatever you want.
this is funny, but this is the only source i could find of this so i think its not true
these dang hooligans and their skateboards! loitering, and such!
let's dump a quadrillion 1s and 0s into the crypto market as a stimulus.
this is why i think it is good that large institutional players are moving into crypto. if the jpm's of the world create funds that allow their most valuable and affluent clients invest it, they are going to do everything in their power to keep it alive. lobbying is such a strong force and the banks have been doing it for decades. idek if the crypto community has a lobbying group in washington because of how we're supposed to be decentralized
lmfao, bailouts. "you dumb bitch."
this woman needs a 'clinton'.
how exactly would one “bail out” the crypto markets?
suppose someone's whispering all this nonsense into her ear?
in decentralized future, crypto bails out government.
this lady is so ignorant of everything she thiscusses. oh wait, she is a politician. why we elect inept ignorant people to position of power is beyond me.
i've never seen such a hyperbolic example of a boomer
everyone jumping on the bandwagon hating on her: please actually read the articles, or better, her underlying statements. the point is that if crypto gets big enough it could create systemic risks outside the crypto markets. like if a bank fails due to crypto exposure (or its users’) it would affect more than all you hodlers. same with subprime mortgages in 2008; people far outside that asset class were affected due to systemic risk.
the time invested to make up bull. when she could have just google what's cryptocurrency and learn it
oh i thisagree, my friend. i think she knows exactly what she is doing. she probably knows full well but that statement makes no sense whatsoever but that the idea of a bailout it is sure to incite fear in taxpayers minds. she realize that the crypto markets have the potential to level the playing field between the haves and the have nots. that terrifies her (and "them") she is not trying to make a legitimate point, she is making a poor attempt at swaying public opinion.
the actual article - not the headline - makes sense. warren does not want us bailing out the banks if they fuck up on crypto. she is not perfect but at least she is consistent in trying to hold big banking to account
this translates to "go ahead whales. buy all the crypto you want. the us governments got your back if the price goes south.
is not this the lady that tried to call bernie a sexist and then refused to clarify what he said? yeah, just do not listen to her
be awesome if there was a blockchain to keep track of bailout funds, just sayin'
what doesn’t she understand exactly? that’s not rhetorical either. like how does this “show she has no idea what she’s taking about”?
like if usdt collapses?
isn’t it weird that a post about an almost leftish woman in power not understanding crypto gets a billion comments about how horrible she is?
these comments are cancer
well uh, nearly everything in the private sector seems to fuck itself and need a bailout every 20 years, so there is that
bailout? how do you bailout something that isn’t a company lol. bitcoin’s manager should hear about this.
1. big investment firm overleverages to buy shitcoins 2. shitcoins tank 3. because no regulation, sifi asks for bailout learn history before making clowns of yourselves by posting with titles like this. 4. tarp v2 where treasury buys worthless shitcoins with your tax money
this is what we get when we keep voting in geriatric millionaires and billionaires that claim they are representing our best interests. democrat, republican, does not matter.
is there a sub where the op and commenters have no idea what the article is saying, but they use a misleading headline to push their biases? this post would fit that sub perfectly.
i think she’s confusing the actual cryptocurrency space and the financial institutions that are buying into crypto who are gonna try the same scams they do with stocks. that would be the mother of all short squeezes if a company short sells bitcoin and has to buy at market rates to cover.
lol these people don´t have a clue about what they´re talking about. they are always thinking in ways to "protect" people by getting away their rights and stealing from them. if you think about it it´s the perfect scam. you rob the people while telling them you´re helping them with their own money and the worst of all many people believe and support them.
someone is going to need to explain to me how you would bail out btc.
i wonder if this sub knows what they are talking about. tether is in shambles. and it’s supposed to be backed with currency in a bank. but it’s not… that’s like 68 billion dollars or something crazy like that. nothing in crypto is insured either. unlike your bank account which is insured up to 250k
man, these comments. i guess all those suicide helpline posts when the market crashes mean that everything’s going fine, huh.
why would they bail something out that they do not regulate?
bail out? for crypto? what ?!? i am my own bail out
does she know the meaning of decentralised?
if anyone really thinks the govt should bail out crypto, then you are better off putting your money in banks. but govt are free to bail me out ... starting with the exploit in bancor! im sure senator elixabeth warren would have written better code and inserted a government bail out provision in the code... so we dont have to worry about and we can sleep well at night!! anyone who has lost money in defi hacks please contact sen. warren
crypto doesn’t have the lobbying behind it that you need to get a bailout
if a bailout is available, people will take excessive risk expecting a safety net. that's bad. but it also should not matter since you cannot really regulate the protocol. how would they bail out a cryptocurrency? fund a mining operation? bribe miners to rewrite protocol?
she never knows wtf she’s talking about. oh ya, but “i’m with her”. fucking morons.
privatised gains, socialised losses. this is government policy on business.
not that we needed any confirmation but she is a snake
admit it, you just want to tax it
if you read between the lines she is basically saying: "we missed out on getting a fat slice of that pie, and the slice you have is way bigger than ours! so we're going to try and vote ourselves a bigger slice, because fuck your personal success"
lol i can guarantee that warren knows more about crypto than most of this sub put together
she probably knows that is not how it works and is just saying stupid stuff like that so that the people out there that dont get it will get scared and continue to vote for people that will keep crypto down, regulate it into oblivion and help maintain a fiat system because that is the system the politicians can manipulate and continue to get rich from. they know that a decentralized monetary system will completely f# their scam up and lead to their ruin.
i really think there should be a retirement age for politicians. these old people clearly have no clue how technology works but somehow they are in charge.
get a brian moran
remember when she made a bet with the teflon don for a milli claiming she was native american with absolutely no proof? yeah that’s her.
bailout? do you just mean buying cryptocurrency? unless you are bailing out a company like ripple, you're going to have a hard time "bailing out" a decentralized infrastructure.
does gold also need a bailout?
she claims crypto is ran by "shadowy supercoders" yet she was seen taking trips in a private jet while the very concept of crypto is transparent transactions on the blockchain which would allow anyone to see where our taxes are being spent. she is the biggest hypocrite if ever i've seen one.
warren is a whack job. she thinks she is some leftist hero but she is just a moron who does not understand the modern world
she knows exactly what she is doing. especially since republicans and a good chunk of libertarians are super against bailouts and if she spins it right (and it does not require much) she can get the dems on board too saying that they are big business and we're sick of bailing out big business. granted, only works with people that have no idea what's going on, but look at covid, the vaccine, and q. more regulation means more money for them from whatever channel.
she is a nut job hell bent on taxing the middle class some more.
this is our government 🥴
she is not wrong at all, there are many scenarios where crypto markets may become very effective on the economy as a whole and in that case regulation would help. unfortunately they cannot really regulate the decentralized web like they do regular markets.
she’s not stupid guys. she’s laying the fountain for the major bankers for when they get a future crypto bailout. not us. one day when their bets fall flat they’ll, the bankers, expect a bailout. that’s always how this works.
i could use a crypto bailout
this is like a telephone operator telling a computer programmer that their job is in danger from the invention of the cell phone. she lives on capital hill and she’s incapable of understating that there is more than one reality.
maybe she should talk to crypto’s manager.
let banks fail if they invest in crypto just like how individuals fail on mortgages and banks just shrug their shoulders.
interesting take considering people are hurt thr most during these market events caused by the 1%. typical neolib bullshit.
bail out deez nuts.
what if she means that big banks have entered the game and gamble big on cc? which, as we all know, might turn bad very fast.
she is proving herself to be a real luddite, whether from reason or treason i'm still not sure
i do not know if i should laugh or cry at this point...
she is just your regular run of the mill dingbat.
fossils should be in museums, not in government power.
regulation kills innovation if not done properly. i'm not against regulation but it should be handled carefuly
the bitcoin ceo needs bail out money guys
as long as she can convince the oldest generation to stay away she is doing the job the lobbiest paid for.
*doge noises intensify* "wheres my bailout?!"
this is really funny considering satoshi left this message in the genesis block of bitcoin > chancellor on brink of second bailout for banks crypto was pretty much invented as a reaction to the bailouts
because everything else the government has 'helped' with goes so well for the common man
if only politicians got kicked out for telling blatant lies...
i can smell this thread
that’s what i love about crypto. you’re on your own. you have to take your own risks. you invest in the wrong product and you’re fucked. you send money to the wrong address you’re fucked. bailouts are inherently designed to prop up failing businesses and infrastructure. crypto just lets it fail.
“we might have to do for this new leading edge technology what we’ve done multiple times for regular banks, airlines, car manufacturers, etc. so let’s just kill the technology instead.” bought and paid for by the banks. also, you don’t need to bailout anyone.
i mean, just based on the clickbait title alone, she’s not wrong. one of the biggest concerns with the crypto space right now is liquidity underlying the major exchanges. it’s totally possible that a coinbase or voyager or gemini goes under in a liquidity crisis and all of the users of those exchanges end up paying the price.
in fairness every single crypto thingamabob says it does the same thing as the traditional financial system in explaining it to people so….
i'll be honest...i invest in crypto and i have no idea what half this shit is. i read the white paper and nod my head like i know what the hell i'm reading and then just dump money into the shit that makes me feel good.
no no she is right. just let me set up my address and to receive the bailout money
gimme.some bitcoin! do it! do it now!!!
i lost some money today can i get one of these bailouts pls
is this a madlibs of buzz words?
haha. crypto doesn’t need bail out and it work totally fine. that is free market at its finest.
she’s right. if companies invested in crypto markets instead of traditional capital markets and those markets crashed they could very well be bailed out. no one bails out people for lost stock money. but if the market crashes and large companies are reeling they prop up the reeling companies.
feel free to bail me out if you want liz, i’ll wait
a crypto bailout 😂 sounds like the dog coin holders could use some of that.
bailout? crypto is sink or swim, not coddling or helicopter parenting allowed. i am assuming warren wants the power to reverse transactions too?
she wants to regulate it and tax it ...
i lost my key, can you all bail me out
jesus christ she just doesnt stop!!! smfh
just another day in cryptoland
i cannot read the article :(
won't be surprised if that happens to bitcoin etfs vcs have decided to buy
question from ignorance as i see everyone luling her misinformation. what happened to quadriga? has anything come out of that ponzi scheme?
can't we send her that one dood that always claims hes satoshi? maybe it will get him jail time finally lol
why not set regulation that makes it so that banks as entities cannot get involved in crypto?
wow! on so many levels that is hilarious. nobody here got into this game expecting a bailout if they lose, and i'd like to think we wouldn't take one. how the hell would that even work? retail investors do not get bailouts, institutions get bailouts (and really should not). so how would the crypto industry even get bailed out, are they going to bailout coinbase? she acts like crypto will be a burden to tax payers in the form of some potential future bailout when we can clearly see that the government will be an immediate burden to crypto holders who are about to be some of the biggest taxpayers. i love how they continue to find new ways to meddle in things they do not understand at fundamental levels. like all the rest, she calls it snake oil, does not really understand it, but probably has been accumulating btc on the backend.
do any of them have a clue?
elizabeth warren may not nothing about cryptocurrency but she is right to be fearful of shadow banking. isn't it a bit concerning if you can get 10 or 100x leverage through compound and you blow up your investments? what if a hedge fund is doing this on an enormous scale, who absorbs the losses? excuse my ignorance, i do not know the kind of leverage that one can obtain and i do not know the collateral that needs to be put up but shadow banking is a real concern and can cause significant damange to our just-in-time economy.
so they will bail out everyone hodling crypto? those holding moons (not me) will be the ones bailing out the govt one day i bet.
what exactly is a bailout in the context of crypto? the concept seems incompatible with the paradigm.
warren "we need to surveil your cryptos" while she hops on a private jet
anyone want a beer? have a beer!
elizabeth warren is a boring old biddy.
ah yes, and we saw how well that last bailout worked….no doubt it’s the best thing for us “shadow coders”…...
why the fuck does any market need a bailout? if people make bad purchases then let them deal with the consequences.
sooo... the traditional finacial sector, which is heavily regulated, has not needed a bailout ever? gtfo with that crap.
translation: you crypto folk need big gov running that shit, just look at what we've done already with the banks and currency, c'mon we need dem tasty tendies too!!
she is not wrong tho?? if the price of the asset falls and banks are too much balls deep, it is the same as with every other asset. securities are gone, panic, bank runs etc. those mortgages were are scam and their value was suddenly 0. if btc or any other crypto falls like 90% it the very same fucking mechanism. **stop ignoring the facts just because you do not like here wtf.** this sub really acts like a cult sometimes. ' she does not even ciritizise the tech, its only about bank regulations: ' >commenting on the crypto market, the senator compared the asset class to certain markets ahead of the 2008 financial crisis, saying she does not want "the u.s. taxpayer to get called on" to backstop another failing financial market. warren argued that the crypto market could approach that dangerous area "the bigger it gets and the more it stays outside" the financial regulatory structure. she even aknowledges the potential of crypto guys, like wtf. thats a huge step. >the senator, who has been an outspoken critic of cryptocurrencies, comparing them to "snake oil," acknowledged some potential benefits from the asset class. > >she said crypto could be used for the democratization of the financial system, though regulation would still be needed to prevent more people from coming into the market "to be cheated." **y'all need to read the article before blindly hating. it's annoying and detrimental.**
mom, your embarrassing me in front of my friends again...
the generation that refuses to retire; either by own will or nature’s calling card. hard to believe one generation has pulled the levers for half a century and most of them still live in that original era. worse still they keep convincing people they belong in power.
why does this post have 14k upvotes? it's clearly clickbait. she does not say this anywhere in the article.
thanks to the idiots who vote these idiots in. good job! 65+ has no business in politics, their too fucking old to understand a damn thing.
she’s gonna be the reason we’ll need a bailout smh
good lord that is a dense perspective on cryptocurrency.
keep voting her in. democrats are on your side.
if you think crypto markets don’t need regulation: you’re a mark
they really dont like us having our magic internet money do they
bailout… who? bailout… what?
don't bail us out! i thought the point was to lose money! am i not doing it right?
lets be real, no one knows wtf with crypto. bit connect happened. it's basically mlm with trying to get people into it.
imagine getting bailed out by because you over leveraged titrocket coin.
i dunno, sjes pretty smart with finances. you might be wrong , she has a damn goid team, she might know what she is talking about.
i'm 75% down. that's the gamble. rug pulls happen in the nyse just wait on
she is preemptively setting up excuses to bail out certain investors not necessarily the currency its self
this has got to be the dumbest thing from warren so far. gg wp
imagine a world where the rules are not created by some old ass politicians which pretend they give a fuck about the general public... these dinosaurs should not be given power on things they cannot understand
bailout who? the small investors or your rich friends?
how do you bailout a decentralized market?
misleading headline to what warren actually said.
*'the senator compared the asset class to certain markets ahead of the 2008 financial crisis, saying she does not want "the u.s. taxpayer to get called on" to backstop another failing financial market.* there seems to be no sign of intelligent life here
ok, this sub has completely lost its mind and gone full-on reactionary here. i’ll get downvoted to oblivion but i have some time to kill. warren is not suggesting that “crypto” would need a bailout. she’s saying that certain markets could require a bailout of they became reliant on the currencies. this is because crypto is so incredibly volatile compared to fiat. if mortgage lenders were to start offering home loans in crypto, and the price of the currency gets halved in a week, those lenders would be in deep trouble. similarly, if lenders, hundreds of millions of dollars could be stolen from end users. bogus brokerages can be stood up solely to steal keys from inexperienced buyers. this needs some policing. so yeah, i know this sub trends towards the complete fiery anarchy end of the spectrum of libertarianism but there are serious, serious risks involved here. regulation would attempt to mitigate those risks. now, maybe it’s counterproductive and comes with too many negative side effects but it’s not “stupid” to thiscuss how we can manage and at least measure these risks. downvote away you jokers.
everyone’s an elizabeth warren fan until she talks about something they actually understand.
omg - the world is run by idiots im convinced
who would bail out what exactly?
she is a dinosaurs fosho
don't worry. she is still living in the 1950s
yea control your wallstreet buddies that rape the free market then you can talk about controlling something else you have no fucking clue about.
i do not know guys. maybe we should hear her out.
it’s decentralised so no gov no rules ... we are inevitable 🚨🚀🚨🚀
will she also bail out other countries currency because of forex markets facing some un foreseeable loss?
lmao, this comes from a senator that still uses checks with cats on them to pay her bills!
bailed out from what?
i wonder what bank she has in her pockets
i was done with this pos when she backstabbed bernie.
i wonder more and more everyday, how the hell do these people become our elected lawmakers... wtf 🇺🇸
she is gonna bail out satoshi nakamoto? wtf?
elizabeth warren can suck on deez nutz
>i do not understand this at all but my gut tells me to throw money at it and regulate it elizabeth warrens career summed up in a sentence.
yeah, and she might be native american
remember when reddit could not stop sucking her peace pipe? yea...
take a moment to recognize how clueless they are and realize that they are this way about almost everything that they want control over.
please stop voting for these dinosaurs
she was such a snake when she stabbed bernie in the back, twisting his words and making him out to be some form of sexist. i'll never forgive her for that, she was responsible for splitting the progressive vote on super tuesday and did everything the dnc told her to snub sanders. so much for being a populist and instead just being a fake populist playing political games against her long term ally and friend.
i swear to god if she is talking about bailing out corporate crypto investments i'm completely out on the us fuckonomy
can someone explain why warren’s opinion is asked when it comes to cryptocurrencies? i don’t understand who is responsible for what in us… warren
wtf!! whoa... and she is a senator
what the fu** somebody gotta tell this dinosaur whats up
she is trash tier i have watched some senate committee hearings and she is so old and out of touch it is thisgusting she writes laws. ( all of them are)
she needs to just back off.
she is a lying, bootlicking p.o.s trying to thisguise herself as "for the people", she is really just out for herself and powerful scumbag politicians and corporations.
i don’t care if you identify as right, left, libertarian or communist, you’ve gotta admit this woman is completely out to lunch. first it was claiming to be native when in reality she just had one native ancestor hundreds of years ago and now it’s this clueless boomer opinion on crypto. bail out crypto…you mean like bailing all of us out, right? because there’s literally nobody else to bail out unless you’re planning on bailing out exchanges, most of which aren’t even legally residing in the us. so again, you mean all of us, right? yeaaaa, because the us government has such a strong track record of bailing out its citizens and not giant corporations.
i would respect our senators more if they all decided to go back to school and realize how much things have changed. they should also be forced to pull out loans. 🤣
lol, elizabeth warren is waaaay the fuck smarter than you are, bud.
im seeing a lot of negative comments on here, never heard about the source attached, but if its true i still trust warren more, someone who has written books, articles and was a leading scholar on bankrupcy law before getting into politics, than a random redditor. y'all obviously are entitled to your opinion but please recognise she does know things about bankrupcy. if you think she is wrong about crypto specifically, rather than moan and call her names, leave a comment explaining precisely why she is wrong.
dem woman bad, me smarter, no bailout, how crypto even bail out, i no no how to read article but comment anyway. smh people. this comment thread is wild.
just like how the banks needed insane bailouts from a flawed government right? not that she has any idea what she is talking about anyway. this lady is a danger to us all
lol she is a dinosaur
who does she think would get the bailout money?
by "bailout" she means: "lets crash this, so us politicians (and friends) can get in low".
she is so out of touch.
wow she has not clue
time for this senile to f off
nope we good unregulated and uncontrollable by wealth holding families and their corporations
i’m sure reddit does. 🙄
oh yea... because those bailouts are such a problem for the government to hand out...
never hear of the dao and hard fork to bail out its investors?
i think she meant for big bankers whos buying into crypto thinking some will go bankrupt ! from borrowing from gov treasury ...how about bail us retailors if we go bankrupt ! always for banker donors to her campaign get bailout .sumbitches!! we see how politicians play dirty pretending fighting for retailors and get re-elected
these politicians are all the same. after the 2008 crisis, all of them became libor experts...while most were in congress preceding the crash and passed many legislation enabling the credit crisis. elizabeth warren is going to demonize crypto and try to make it seem like it will hurt the little guys and benefit the fat cats to get her way...the community needs to stand up and reject her. she would not listen to experts...and will claim it is all about millionaires;. but if enough of the little guys, the retail investors, stand up and make enough noise to be heard, she will back down.
lol what a fool
the last thing we need is a corrupt government getting their grimey mitts on crypto
pocahontas is beyond clueless. stay in your lane.
she knows 1 thing. she cannot control it on a federal level and therefore must be destroyed so the federal reserve can continue devaluing our fiat dollar in peace.
when americans lose life savings she may very well be right.
these dumb shits do not understand crypto and literally think crypto is like the stock market. crypto is not an investment, it’s a currency. officially at least one countries currency now. does the us regulate the currency in panama or el salvador? no, because it’s not the us currency. i truly believe it’s fear based and that they think the dollar will be replaced by crypto and they will no longer have control to print money.
i see this lady everywhere , why does she matter so much or is she just being loud because she has nothing smart to say??
fuck elizabeth warren. source: am from massachusetts. fuck charlie baker, too.
she is a joke, whines about the tax code whilst being in a position to actually help reform our tax system. she never offers any solutions unless its to complain about some other politician on twitter.
she never had a clue about much idk how she gets re-elected!!
yeah nooooo you only give bailouts to your buddies and crypto belongs to the people, we can actually get rich. say what you will. you'll never bailout crypto. more political bull crap.
these blood sucking boomers really knows shit about fuck.
but why is she always talking about other people’s money? literally, every point she tries to make involves someone else’s money.
this is a new level of stupidity.
i have been a fan of warrens activities in the past, but jesus fuck i hate when boomers talk about shit they have no idea about.
she is a dumbass lying politician, of course she does not know what the f she is talking about.
her haircut needs a bailout
if you think bailouts for crypto down the road is preposterous just remember sane folks thought that an idiot like trump would never be elected. never say never. if there is a way for the moneyed interests to soak the taxpayer they will find it.
some say she even studied for the covid test.
she is trying so hard to come up with reasons why crypto is bad, bless her heart. democrats love bailing out corporations, so this is kind of out of character for her. edit: i'm so sorry for triggering everybody by not including some criticism of republicans as well. i did not realize that "the other guy does it too" changes anything about what i said. can we agree that politicians in general are trash and can equally be criticized?
i effin hate warren. i supported her for the longest time until late in the primary when she started taking corporation money something she pledged not to do the whole time she was running. she is a complete fake and a liar and should not be given the spotlight. ' also, she can fuck right off.
is she still pretending to be native american?
tbh this is why we need term limits in congress, all these old ass boomers in bed with the banks do not truly represent the america of today. we have all these old people trying to make laws for an overwhelming young population. hopefully conversations like these will dwindle as generational turnover occurs and we get younger folks in office.
fack off you cow.
shut up you stupid useless politician
unless she is specifically referring to tether 🤣
these people are so stupid
how do you "bailout" a cryptocurrency? if warren wants to help her country, she should offer herself up as a human shield the next time some marines bust down a terrorists door or something.
safebailout coin is the new shitcoin
it’s literally impossible for that to happen.
people actually wanted her to be president. let that sink in
y'all need to lay off the warren hate. you're talking about the woman that became the subject matter expert on exploitative credit practices for congress and then bootstrapped the consumer financial protection bureau. she is also a harvard law professor and by far the biggest policy wonk of any of the 2020 democratic primary candidates. the idea that she does not know what she is talking about, or is somehow in cahoots with big financial institutions, is wildly inconsistent with both her rhetoric and her policy positions. must of the stuff being said about her here is either wrong, intensely hyperbolic, or grossly misinterpreted. put some respect on her name.
lol what a goddamn idiot
it’s because she thinks the government is gonna regulate them. smh
how do we get charles hoskinson in front of warren at one of these hearings to explain the utility and value of many crypto projects?
i also require a bailout
i mean…... smh. someone save this post
just bring more bitcoin
how would the state even begin to regulate crypto? the concept of "self regulation", in theory, seems to be inherent to legitimate decentralized currencies. in practice, people can make bets as they please, good, bad, or even if it is a scam. there will eventually have to be a concerted effort between established crypto markets to self-regulate and that only works if we are net neutral.
elizabeth is looking for 10% for the big guy
“old man yells at cloud” comes to mind….
she is a shill for banks.
anything being said re. gov't intervention at this point is empty... when we see taxes, and regulation of any sort then maybe... i see regulation as seriously positive as it puts crypto as a whole in neon lights in front of 1600 penn.ave
it’s crazy how little warren actually understands crypto. fuck dude isn’t she doing any research? she must be if she’s talking about it all the time.
what an uninformed dinosaur 🦕! 🦖🦕🦖🦕🦖🦕🦖🦕🦖🦕🦖🦕🦖🦕🦖🦕🦖🦕🦖🦕🦖🦕🦖🦕🦖🦕
how people like her are in power baffles aliens in outer space i imagine
quit regulating shit so you can manipulate it.
a terrifying thought is that this vapid embodiment of clueless npr talking points was leading the dem primary at one point. our politics are so beyond fucked
what a fucking jackass she is! “commenting on the crypto market, the senator compared the asset class to certain markets ahead of the 2008 financial crisis, saying she does not want "the u.s. taxpayer to get called on" to backstop another failing financial market.” seriously she doesn’t understand a thing she talks about!
read the fucking original article jesus christ
it's annoying seeing these people having a say on things they have no clue about. these dinosaurs and their culture belong to the past, they will be left behind soon.
she needs to just stop. she is a whole idiot
elizabeth warren might be the dumbest politician i've ever come across in my lifetime. she is consistently spreading fud and commenting on an industry she has apparently no knowledge of. if a bank needs to be bailed out because of bad crypto investments, that is a bank problem. regulate them, not the crypto industry. it's just a fallacious argument to say that the industry needs to be regulated because banks lose money. mussolini (notable fascist) famously stated that fascism is when government and corporations merge.
you ladies and gents! she is saying us weirdos who invest in crypto can get bailouts! next crash i'm totally in line for my bailout moneys.
i'm glad she did not win presidency.
people on cryptopanic upvoting stories like this, thinking regulation is what we want. some people have no idea why theyre here or what theyre invested in.
pocahontas just wants to protect the magical computer money.
this is a woman that thinks she is native american...she is becoming a meme and does not even realize it... did your regulations protect bernie madoff investors? did it stop hsbc money laundering? did it prevent libor manipulation? no, all these events still happened and were not prevented by regulations.
do you even crypto?
isn't she is old and senile ?
🤫 shhh nobody tell her
my knowledge on crypto is very minimal but godamn even i know this is ridiculous since banks have been bailed out time and time again and that there is no company or business to bail out with crypto. what a foolish statement.
and wtf does the united states know about this so-called “proper regulation” she speaks of? the fking nerve of these opportunists.
how many of us used to sound like this 6 years ago?
gotta protect those shady coders
can anyone explain why bailouts will be bad for crypto? if suppose there is widespread use case for certain coin chaos will be huge if it crashes.
i know the money they give you is good and you want to give it to your children, but for the good of all please retire you damn dinosaur!
bail her out of the fucking press conference
that’s how you know that even those who seem to be the most fierce about fighting for you, are actually bought by someone atop.
it’s extremely odd that someone who’s vehemently against voter id because it thisenfranchises the thisadvantaged openly advocates for harsher kyc regulation on crypto. she said she acknowledges the potential it has to democratise the financial markets - yeah, because right now you don’t to communicate with any central party or submit documentation to engage in the markets... what an absolute moron.
why bailout a ponzi scheme?
really lizzie??? a bailout??? just stop speaking you clueess fud puppet donkey
who the hell is voting these idiots into office?
if this isnt the biggest pile of dookie ive ever seen
nooooooo please no bailouts for crypto currency bro wtffff lmao it’s not real!?
she has no clue what she is even talking about. why would not she stop?
if this this moron dont stop speaking on shit she does not know...
idky everyone is hating on warren. her goal is to weed out shady deals like the bitconnects, pump-and-dump schemes (she used that term too) and probably hold companies like blockfi accountable. staking on celsius or blockfi is not guaranteed, if those exchanges go belly up, they. don’t. owe. you. jack! 👏 regulations suck but let’s be real who’s buying 41k btc? whales lol we need demand to remain positive. oh and hodl
those who can’t do teach? but…she taught at harvard…
ohh this bitch is dumb as fuck.
a nazi...running her nazi mouth about shit she knows nothing about.
well as someone on the fence but clicks on these links cause they reach the front page, all the comments here making snide remarks about "pocahontas" makes me think she is right.
she really needs to read up or try to understand how crypto works.
thank god she never came close to becoming president.
she us a corrupt asshole, regurgitating what she s told.
imagine bailing out shitcoins! are these people for real?
hahaha wtf. does she actually understand english or does she just know how to pronounce the words?
why regulate something you do not understand? … waste of time.
new year same shit
everyone wants a bailout one day
she knows exactly what she is doing.
she is a financial watchdog allright-- wall street's beyaaatch.
here's she go again... i think she has more bitcoin then most of the american citizens.
this is beyond the processing power of her brain.
i like warren on like 90% of stuff, but this is exactly why we need to get way more young gen-xers, and millennials into office. old people just seem to \*generally\* be unable to keep up.
it pains me that these are the people chosen to represent us. she is clueless in all areas. the really scary part is that if many americans had their way, she would be sitting in sleepy creepy joe's seat right now.
god this lady is an idiot i hope she never runs again
people actually think she knows what she is talking about.
she is one of the best financially educated politicians, so her talking so much nonsense about crypto is good because it shows everyone else how little politicians understand about it
it’s decentralized, is she that daft?
no company needs bailout ever
bail out? is there such a thing for us common folk!?!?! lolololol.
well to be fair, she knows a shit more about financials as a whole than any of you trumptards commenting 😆
she also thinks she’s indian. i’m 1, 500x more than her and yet i’m pastey white.
elizabeth warren has never had any idea what she is talking about.
i wouldn’t thiscount elizabeth warren‘s knowledge at all. she’s very thistinguished in economics and finance, probably more so than any other senator on the us senate and more than most professors at ivy league universities. now, we can all sit back and just say, “oh, those stupid intelligent people!” but in reality, she doesn’t speak for nothing and is always been direct and clear about what is needed. it does not always please people, especially the super-well, but i wouldn’t readily thiscount anything she says because she always knows what she’s talking about. looks? she looks so much better than most women of her age, and she is acutely mentally sharp. i wish she was my mother.
it’s the banks. she’s talking about the banks again! crypto services through banks where people may lose money and yet again the “banks” need to be bailed out. it’s always about the banks, not the people.
lol wtf is she smoking... bailouts?
if big businesses go bankrupt, because they make failed investments in crypto, the government is forced to pay for their poor decisions or failed crypto. bailouts exists in america, so the government has a vested interest in protecting all markets.
she knows exactly what she is talking about, she is thisparaging crypto while investing in it
you look at her and you know right away she doesnt have a clue what crypto is. bribed sorry lobbied by corporation types from pharma to gun and in this case probably banks to bad mouth crypto. these cheap bitches (not only women) should thisappear from politics.
the government screws everything up. what makes them think they can help?
bailouts for anything is a failure of our govt. and we all know if bailouts do happen the only ones that will benefit from it are the rich.
y'all mock her, but watch her be correct one day. an unregulated market has a tendency to lead to shit like the great depression. but go ahead and hate on warren, and still expect to be bailed out one day regardless, because she is better than you.
how to thiscover that you are wrong about something in 1 easy step. step 1: you are arguing the opposite side of an issue with sen. warren.
bullshit she does not know what she is talking about. i'm supposed to believe some shit stain on reddit over sen warren? i do not fucking think so.
can someone email her an infographic or something?
i love sen warren
she clearly has no idea how a recall of a governer works either.watch her defend newsome on california political commercials,encouraging voters to vote no on september 14.it's so pathetic.and i was a big supporter of his until his covid stradegy screwed everything up.
maybe she can do a rain dance around a btc atm
this bitch is fucking evil. desantis 2024.
lol make sure to bail out my bag first. thanks.
oh, so with regulation, traditional fin markets do not need a bailout? not even after essentially ruining the world economy with their greed, pulling with them 99% of the retail investors and majority of world governments? oh, that is not the case? i see...
someone needs to explain to her what decentralized means. frankly, i am of the opinion that the actual stock market and businesses more generally should never get a government bailout...fuckem...if you ran your company so poorly that it collapses every downturn then you should fail...and if you are "too big to fail" your business needs to be forcibly broken up into smaller pieces that's capitalism, the well run, viable and robust companies survive and the poorly managed and overleveraged fail...🤷‍♂️ its financial darwinisim and we need more of it imo
so it is okay for private investment companies that are regulated to gamble away our savings, and need a bailout, but not crypto? ok, boomer.
maybe satoshi nakamoto will come and introduce him
how would that work? 😂 and if she is a 1st nation member by ethnicity, then idi amin was irish.
the only way to even do that would be too buy bags. so stupid.
already planning on printing money for her elite"too big to fail" moment comes up, i see.
alrighty ma'am, time for you to hit the bed, remember to take your meds, if you need anymore help, ring the bell and someone will be here for you ok.
bailouts? sounds nice. it would be like airdrops!
banks are highly regulated and have been bailed out numerous number of times in more than one way within the past two decades. her constituents needs to vote someone else.
she knows but does not care. she (along with nearly every politician) prey on people *not* knowing this. it's a grift. one they repeat across industries. the answer will always be 1 of 2 things. either ban it. or tax it. with a potential detour before the taxation of *"sensible regulations"* for *"your protection."* end result is government grows, the rich get richer and politicians keep lying.
people need to stop talking about subjects they aren’t educated enough on. it’s okay to say you don’t understand something and it scares you because you’re old.
i honestly think that ol’ liz means well. it would stand to reason that she is getting bad information from her aides. so, as a community with significant resources, both human and capital, what can we do to get through to her that she has this thing ass-backwards??? if we can flip her, i think she would make a powerful ally.
lol my god. it’s honestly starting to scare me how stupid these people are.
bailout!? bitcoin was literally created as a result of the 2008 bank bailout.
and this is why most career politicians are idiots. they get to comfortable and stop learning.
of course they need bailout if the big players use cryptos to gamble...
i am so tired of these dinosaurs.
banks and securities have shit-tons of regulations and they *still* need bailouts.
ok boomer, i think she missed her nap
damn, she will spit out any ridiculous bullshit to try and tighten regulations, huh?
she looks like that triggered meme person in 60 years
how can they "bailout" something like btc that is decentralized? shows these politicians litterally have no idea.
scenario: the big banks and financial institution's invest heavily in crypto and play their normal games. a crash happens and they call up their employee...ummm...senator and demand a bailout. 2008 redux.
but she is got those high cheekbones, she says.
she’s so old she has no clue what she’s even talking about!
yeah, in general, she is clueless... but she is just doing the bidding of the whole finance industry, which is almost entirely anti-crypto, because bitcoin and the others represent a threat to their fiat currencies, which they have made fortunes out of from fractional reserve banking and just plain printing money out of thin air... so, she is lumping cryptos in with these other speculative investments like the risky mortgage-backed securities (that were given aaa ratings) that really drove the economy off a cliff during the great recession.
she just continues to embarrass herself.
she has the world's most annoying voice.
she going to bailout and all of those nigerian princes who will send us twice as much btc as we send them
elizabeth warren??? the same woman campaigning for gavin newsom right now who says the recall is supported by loony anti-vaxers and the people who stormed the capitol? she has no idea what she is talking about? say it is not so.
wow how can you speakly so confidently about something you know shit about. fucken politicians man.
how is it that people with no fucking clue about how something works are allowed to make any rules regarding it at all? it's literally whoever the fuck pays for their campaigns gets to write the rules. if crypto threatens banks they will sick their political puppet dogs to shut it down. it's pathetic.
this is how they make it so they own everything still and we still own nothing. she did not even do basic dd that is given to her by her staff on a piece of paper with foot notes.
how did bitcoin hurt you, senator?
good to know she is a moron.
so many people in the 40-80 year old range just don’t understand cryptocurrency and think it works the exact same way as the stock market.
dumb bitch is dumb
crypto is one day going to bail out people from your fiat printer 🤣🤣🤣
this is infuriating. once we’re done deprecating the traditional financial system, we should turn focus to representative democracy. politicians are corrupt, incompetent, and do not understand the modern world.
i didn’t know liz was a shit poster too!
whats new, she is always been less than impressive on economic issues. crushing markets under that heavy hand.
i got my own politics, like everyone else, but i have even less respect for those that speak like this about crypto
is she setting the stage to blame crypto markets for the impending market collapse?
setting us all up for when corporate interest dig their claws into crypto, and their friends need a little forced stimulus donation from the people. who knows how to build a guillotine?
what... compared to our regulated banking industry...? i do not understand...
the government is here to help you because you are not as greedy or smart as they are.
i need a bailout so this is great news. my investments have been total shite.
so if banks make bad investments they get bailout? what if i blow up all my money?
she just wants control over your wallets
this is exactly what has been happening. this is where the legislation is headed and why banks are now getting involved. the protection and benefit of the bailout is why the privacy will be abandoned. it’s going to come after the next boom and resulting crash. i’ve been saying and waiting for something like this. here it is. lenders have been setting up a bailout. government wants regulation. needed the majority stakeholder essentially to be private industry to vote to remove privacy protection.
why do they still let her talk? she is clueless, toothless, and an overall waste of everyone's time.
idiot of the highest magnitude.
honestly fuck her real fucking sick of progressives hyping her up when the greatest equalizer of inequality is crypto which she attacks nonstop
this bitch just want attention
she’s still getting used to the 🐣 and pies for currency most of her long life. ![gif](giphyylmlkxemcrrw0)
fuck this old bag.
she wants to over-regulate everything and sang the same tune when the gme thing went down. fuck off, sen. elizabeth warren. sincerly, one of your constituents.
elizabeth! just stop. you're showing your ignorance.
i've railed against this forever now, wall street is coming for our crypto. they are using the government for a take over.
she is now a source of fake news!
they wont need bail outs til only the rich play in them.
she is googled some terms. clearly, since she knows so little that she still has no idea she has publicly flip-flopped her stance on various financial statements in recent months.
ole knucklehead has spoken
ew needs to relax. maybe she should go to a now suitable country like china.
just fear mongering, like always.
i don’t know about all regulations but pump and dump shit coins do need to be illegal
yeah this is totally talking out do both sides of her mouth. keeps talking about how dangerous it is, how we should essentially kill crypto but also that it may need a bailout? again, no idea what she is talking about.
lmao, how do these people get esteemed positions when they cant research anything before they open their mouths
this is legitimately embarrassing. *she* is embarrassing. doesn’t she have anyone in her life that can tell her to do her homework before she speaks?
she has forgotten more about currency markets than the naked crypto fanbois on this thread pretend to know. stay in your fantasy decentralized “currency” utopia and don’t come crying to the grown ups when the other kids don’t want to buy your digital tulips anymore.
you mean she is not a native american? lol. warren is the perfect leftist, ignorant and moronic.
true to form career politicians try to create imaginary problems just so they can pretend to solve them.
"boomer talking nonsense to her boomer community"
just more word salad to fool people into letting them over regulate and over tax. this is just another flow of cash they wish to tap to pay for all of the free stuff they are planning and passing. they are driving our economy off a cliff and crypto looks like a life raft to her
she is showing the stupid that ; as usual, she knows what she is talking about. but sure people - listen to a bunch of experts on rexxit
??? how in the bloody hell do you bail out a ... a market? a coin? a dev team? like what does this even mean?
i cannot take her seriously anymore after the whole native american heritage scandal. edit: i think it is hilarious that some clowns actually down-voted this. sorry that i do not believe liars? once a liar, always a liar.
you all defended her when trump and his supporters called her a fake indian. remember?
that woman is so stupid. really stupid.
this is when the gold bug anarchist libertarians come out of the wood work with their unicorn dreams that everyone in us will have their 10 cold storage wallets pass phrase backups hidden in the 2 year food supply storage. if i had a bet on who knows more about the history of financial markets and how the resulting consumer protections in the past 200 years have helped create the most successful societies in the history of mankind, my money would be on her before this sub which only seems to have exposure to the austrian school of economics.
stop voting for her
**first**: there's a ton of hyper misogynistic comments in here. thought this sub was better than that chilthish bullshit. **second**: this leading quote was taken entirely out of context. ew is not inferring that crypto holders would need a bailout, but rather have regulations in place to protect uninformed consumers from being scammed by shitcoins, etc. frankly i'm shocked i have not seem more in this community about the value of tools, as so many people get into crpyto via meme, loose money and never come back.
i do not like repeating but for the 1000+ time: usa is governed by special interest group puppets. the less they can think, the more value they possess! someone please email her that bitcoin can not be bailed out; usd will need to be bailed out by btc
i mean i like her but woof
considering they are unregulated and all yea she is crazy, but so are all of you thinking this is going to be the currency of the future. enjoy your meme revolution, see you in the real world.
she needs to be yeeted from office
she is trying to protect the normal channels of the fleecing of tax dollars.
jesus, these are the types of comments that are making me reconsider my, err - voting habits 🤦
don’t doubt pocahontas. she was voted into office by an electorate as least as honest as she is!
she does not know what she is talking about at all ever lol. every time she opens her mouth something stupid comes out. most people just do not notice how dumb she really is.
they see their money tree is getting sick 💀 i'm smelling feer
dinosaur politician who says she is native american to appeal to the kids. yea i think i'll pass on any ideas she has.
maybe reddit should consider going red. you know sense everyone is passionate about gains from crypto (capitalism) and so anti government locking them down and taxing (communism)
i wonder how much money mark cuban donated to her campaign
can i pretend to be the ceo of bitcoin next time cryptocurrency crashes to get that sweet sweet bail-out money?
she makes me laugh, but not in a funny way.
why do these politicians talk without understanding what the fuck they are talking about. i mean don’t they have an entire team of people researching and writing speeches for them? this is just comical at this point
i’m guessing she is referring to the coinbase type of crypto coin market. if bitcoin skyrockets and everyone with a coinbase account try’s to cash out it could bankrupt coinbase. although i’m sure coinbase would just claim technical issues and just pull the plug until the price drops again…
tf?! this should concern everyone. the whole concept of crypto came on tail of bailouts. government should not be in crypto to this degree but we need the regulation. damned if we do damned if we do not
please do your job properly. thank you :d
would this moron please stfu
ew wants to control us
let's go with her logic for just a second and assume shes making any sense at all... why and how is this any different than our political system already in regards to banking and the automobile industry? bailouts are not an issue if the systems your bailing out are lining your pockets. shes just not making any money on crypto thus something must be done. what a fool.
it infuriates me to read that headline.
lmao how about she focuses on the banking system in the us that actually has been bailed out several times already. this is why i stopped believing in the majority of conspiracies involving the government. the idiots are too incompetent to pull any of that shit off
*clears throat* ok boomer
lmao they’re talking about themselves
showing sympathy for animals = vegan. sound logic.
so what type of dinosaur is she?
not totally surprising. i've heard people unironically mention a bitcoin central computer...
is anyone on this sub from her thistrict? you should rally your fellow constituents to expose this know-nothing, and bring in some less dangerous!
uh how do you bail out a decentralized platform?
it’s the governments choice to bail out anyone. they are concerned over their own actions?
the gov always, wanting to take money away from it is people. this is what we elect? people to screw us over and over again. why, does not the government just go the f* away? if the government steps in, be prepared to loose more money. if the gov. really wants to regulate something. regulate the stock market, actually regulate it. this beauracracy is only good, to take money from average citizens and put it in their pocket.
tax the rich includes ekw as well. pay your share liz. let’s take a look at your portfolio and see what you are really up to. hmmm
this bitch is just clueless. holy mother of god.
this is getting brigaded pretty hard. notice everyone rushing to warren’s defense and attacking commenters never post in r
i like this senator i feel good about she
dear shitheads, if you make dumb crypto investments, they all crash, and your portfolios end up being worthless, someone is going to have to correct for that. it will most likely be the government. it’s as simple as that. warren has a point
damn all this dinosaurs they still dont get it haha 😂 we dont need them to keep spending our money on bailouts we the people decide now!
what a clueless cunt. bitcoin had dropped 50% in a few days numerous times and it does not need a bailout to function again.
the more she argues against crypto, the more shes supporting the traditional banks that she claims to want to reign in. shes too dumb to understand this. there is a reason many people retire at 65, shes about 7 years past her useful working life.
wow politicians are already setting up a bailout so they can stuff it with more useless crap.
government trying to reach their dirty hands in everything so they don’t lose any potential revenue. not surprised
why is she even opening her mouth.
lizzy should stop talking.
liz, sit over here and don’t speak unless you’re spoken to….
who’s gonna bail her out from her ridiculous thoughts and comments?
what does that even mean? who would be bailed out...? how is that even possible? i truly wish senator warren would go down the rabbit hole and actually learn about web3 -public key cryptography . she seems like a very intelligent person, i'm sure this stuff would be very interesting and intriguing to her if she actually put the time in to learn about it. like, i truly could see someone like her being a huge advocate for the democratization of financial markets and democratization of money. hoping for the best... but not expecting much.
she is probably also willing to give big corp big bailouts too
this woman infuriates me, she is so uninformed and unwilling to learn.
but she’s mad….imagine that, shocker
i mean does that make her a conservative?
i understand you're not the brightest. so had to make that thisclaimer.
crypto doesn’t need regulation, people bet their money on it, no one is forcing people to invest or throw their money at tokens. if you win you win, if you lose you lose, not because someone scammed you but because you were too lazy to actually do your dd. everyone who plays with crypto knows the risks. she should focus on banks and let the young ones worry about crypto
she knows what she is talking about. almost certainly more than anyone here.
this bitch shouldn’t talk. ever.
fucking government talking like old people like if we needed them, we are trying to remove them from the equation and that it is why they are so scared
does it even matter what warren says. i do not exactly listen to 72-year-old politicians' ideas on emerging technology.
i cannot wait for them to bail me out.
hey op, you used the wrong flair. it should be under “comedy” but in all seriousness we hadnt had a good laugh in months…. so thanks… elizabeth.
now she is just making a fool of herself
i really hope she means bailing people out of their scam investments into shitcoins and not bailing out decentralised organizations because if she is, well honestly i wouldn't be surprised after all the crazy shit that has happened in the last few years...
these people will get rich like us, regulate this crypto thing. bum
people like her need to step down from their positions or educate themselves before speaking about matters they have no consent of
get her out of her position asap!
i am waiting for the bailout package
it’s so frustrating when the people in charge of regulation make statements that show they don’t even have a base level understanding.
elizabeth warren is america’s de facto crypto czar. ladies and gentlemen, the united states federal government.
why does no one around her ever suggest shutting the fuck up
i say we regulate politicians who say dumb shit like this.
out of touch politicians need keep quiet and. why don’t these people ever retire but encourage everyone else to ?
the banks are regulated and we still had to bail those assholes out.
holy shit these people are something else. we should have mandatory education for congress members as these boomers keep getting elected and making laws on shit their dumbasses have no idea about.
she’s a politician. if she can’t control or manipulate it, it must be bad. and if somethings wrong with it, it can always be fixed with enough government intervention.
plz mama warren, come and bail me out! i lost so much money on shitcoins. plz mama warren.
help me elizabeth warren i am deep in the red
she is is not a crypto expert that is for damn sure
are they out of money after bailing out the banks?
if big companies or banks invest in crypto and crypto goes bust, presumably the government would feel obligated to protect those companies to avoid an economic thisaster
they're all stuck playing the old game, the new game is not even a consideration for them
usdt like to be invited to that party
tired of smelling dinosaur farts.
wtf? can someone sit down with her and explain crypto. every time she opens her mouth about it she looks stupid and uninformed.
that's not how this works. that's not how any of this works.
i can’t believe people thought she would be the best candidate for president
wtf! the reason there was a bailout is cause the banks loaned out so much money at low rates and approved just about anyone. when the economy tanked no one could pay it back, so they had to step in and help the banks. but with crypto how the fuck can the markets loan out more coins than there is supply? "hi there i would like to take a 10 btc loan out". "great, you're approved. now since we only have 1 btc, let me just press the button *print more btc* and give you 10."
how would one even bailout crypto?
bailout? when your only tool is a bailout, every problem looks like it needs a bailout… elizabeth warren would spend all the fake money to make more fake money so the numbers on the screen stay green. we need a real leader not another person just wanting to spend spend spend. it’s not your money to use as you please. it’s our money and you’re taking it from us and we aren’t getting diddly for it. just some drone strikes and money printing.
does she ever know what she is talking about?
how about you stick to regulating the 1% there liz. then once you do that you can thiscuss crypto.
its the banks fucking up. again.
i'm so ready to be done with these old people.
god i love this woman. the more she talks about crypto the more obvious it is to the rest of the world that these political hacks are fucking clueless.
we’ve got to stop electing the elderly into office.
guess they are going to regulate wall st as well. wink wink
creepy face granny 🐍🐍🐍
bailout!!!?😂😂😂😂 only companies and banks investing in crypto would need bailouts, and they are always going to need bailouts. really doesnt understand jack shit
this is beautiful. bullish.
she sounds like a classic grumpy grandma tbh
aka - bailout coinbase... what thisgusting bullshit. cant believe people wanted this person to be president.
so, we kinda need people around 40 in gouverment, not only dinosaurs
how about you learn a bit about crypto and we can talk like adults?
aren’t they regulating banks? didn’t banks require a bailout? maybe your shitty regulations are the problem. stick to what you know. maybe steal another book, pow wow chow ii.
this lady has no understanding of how any of this works.
she knows exactly what she is talking about. however, most of the public and her potential voters do not. and it is way too easy for her to scare them with such remarks.
no way she said that lol
this chick is clueless man
oh. a seekingalpha article... they always know what they are on about... ' bros... if the banks buy a fuck ton of crypto and get screw themselves you damn well know they will be asking for government handouts.
“showing again she has no idea what she’s talking about.” tbh this is true pretty much every time warren talks about finance and economy.
regulation this and regulation that. why would not they just adopt. first they should learn that the comment section on facebook am not a private chat.
our government can wait to extort crypto just trying to figure out how to do it first
bailout lol. push the price up by gov buying masses of coins? that would be a bail out.
yup our leaders are fucking icp coins
most bailouts are just stock purchases which are sold back generally for profit.
like what if the market cap dropped 50%... oh wait... it is an actual healthy market so it recovered just fine.
don't worry, pocahontas. this is why your tribe runs casinos. to back up a currency that never needs bailouts or regulation because it is decentralized and not a paper factory you goon. 😅
a market that can sustain itself without needing a government to constantly prop it up, imagine that.
it was so nice to watch gary gensler speaking with some actual knowledge about how crypto works. warren has no right to not make rules about a market she clearly doesn’t comprehend.
yeah right 🤦🏾‍♀️ tell pocahontas, no crypto for faux engine 😂
lol she is admitting cryptos too big to fail 😅
lmfao what the fuck?! did she actually say that?! hahahah what an idiot!
sit down and shut up warren
wth lol hahahah this is too funny
this is the dumbest thing i’ve read all day
man she is so stupid
what a f'in sellout.
until i see her speak on this, my knee jerk reaction is to think these are troll quotes. because they are hilariously misinformed ;)
alright, i’m gonna sacrifice the potential moons and go against the grain here, but i don’t think she has “no idea” of what she’s talking about. i’ll try to put it in terms of a hypothetical. : suppose bitcoin becomes more adopted by institutions - it’s been a rallying cry to say that bitcoin will destroy banks, but in reality, banks are extremely adept at adapting to new technological innovations in financial tools. we love the idea of decentralization but the hard decentralization of the network effect will be rendered moot if vast sources of private capital buy up the supply and create soft centralization, as is happening now. china previously controlled a huge amount of the hash rate - *china,* perhaps the most centralized superpower there is. what good is the immutable ledger if people are still subject to the whims of the wealthy? so as crypto grows in adoption, more people will need banking services - they won’t want to learn to be the custodian of their own wallets. alternatively, banks will simply use bitcoin as their store of value (as desired by our community) to back their fiat transactions. either way, directly or through the bank’s machinations, people will soon after begin to leverage the value of bitcoin for things like buying houses. if that value crumbles, and the people who will definitely still need banking services’ life savings go with it, when whatever due bill comes, there’s going to be a big money hole where the value of bitcoin used to be. that many fucked middle class and poor people is devastating to the economy. thus, there will need to be a bailout just to make sure the wheels don’t fall off the bus. everyone will be upset about it. everyone will ask how the democrats couldn’t stop it. no one will ask why the republicans and conservative democrats stalled legislation that could have avoided this. now, with proper regulation, i can imagine that this can be evaded *without* smothering crypto in its infancy. i know warren racked up a lot of haters in the primaries but it’s really not necessary to be so vitriolic with an intelligent, educated person. accusations of corruption based on a misleading title do not reflect well on the community; it makes us sound like the now closed . if we want this to be a serious community, we should be better about how quickly we thismiss thissent.
i am down on doge, bailout plz
please stop talking omg!!!! stop!!!!
i’d like to apply for one bailout please.
defund the state. buy bitcoin.
proof that this is all that they know. at least when millennials are 60+ they will learn, grow, change, adapt as needed to create good policy. these mf's are out here still hitting talking points from the 1960's. continued education does not exist in politics and it is bullshit.
our economy crashes every decade, ss might be crasing soon, auto and banks get bailout every now and then but this is what she is worried about.
never doubt the ability of the big banks to get bailouts. if one of them lost of ton of money on crypto because of something they fucked up, you'd hear all about how they are too big of a part of the economy to be allowed to pay the consequences of their mistake.
we already had stimulus checks going directly into crypto, was that the kind of bailout she is talking?
crypto has crashed 60%+ multiple times and is still going. no bailouts... no intervention. open and free markets correcting themselves.
wtf is this person on about?! surely she should have advisors who are knowledgeable about crypto to provide here with info so she is is not spouting shite all the time.
lol, just as stupid as when politicians thought they could regulate the internet. sorry, but this is a global phenomenon, not just a us thing. i'm not a us hater - just stating this is global and one country's policies do not shape the world... can be influential, but likely not very effective.
she talking about bailing out tether one day?
is she talking about exchanges?
yeah great lets regulate it, because nothing ever goes wrong with markets when the government is involved
erm, no one here wants a bailout. that’s sort of the point.
she know's what she is talking about...looks like they are a bot worried:d
lmao amazing she is so focused on crypto but still can’t grasp simple concepts
she gonna bailout crypto with other crypto?
you would be surprised what they can come up with.
warren lost all credibility when she threw a fit over bernie in the last election
this is why we need term limits for these old farts... old way of thinking keeps innovation from progressing. gtfo of office...
what a fucking moron 😂
i guess this could be an eventuality if banks started holding large amount of crypto on their balance sheets
bail out crypto? wtf is she talking about lol boomer's just gonna boomer
she really need to stfu. annoying...
can she bail me out after i yolo on the next cumcoin? i’ll only chuck a few hundred million in.
i'm sorry, senator warren, but crypto is not an air travel company, a motor vehicle company, a large financial institution that requires the support of the federal government, or some other corporation that has formed monopolies and prevented further competition from entering the market and seizing control to raise fees and acquire kick backs at the detriment of their customers.
i bought btc ath please bail me out! (but i am keeping my bitcoin)
funny...so do auto makers, airline companies, and big banks.
have fun being poor elizabeth! to the moon
i've been able to sit on the fence on politics for a lot of issues. this puts me back in the game baby!! my money my crypto my vote. damn am i a terrible person?
oh you stupid bitch
to put this in a gambling perspective, if the house loses she wants to bail out the house. what the fuck happened to her?
lol, what a clown...she needs to mind her own business.
arg! this is so frustrating. especially so, because i generally like elizabeth warren. i agree that we need to do more for working class families and find ways to help them close the wealth gap and income inequality. however sadly, she does not appear to agree that crypto is a great way to accomplish those goals. bitcoin and ethereum will be liberators for the economically thisenfranchised. ' with crypto - normal folks will no longer be punished by inflation for saving their cash instead of knowing how to properly invest it. no more will banks be able to oppress people by keeping funds from them due to racism. with crypto, banks will no longer profit off of our most vulnerable members of society by charging broke people overdraft fees. why cannot she and other politicians see the light? thankfully there are a few politicians that give me hope. specifically people like wyoming senator cynthia lumis.
>commenting on the crypto market, the senator compared the asset class to certain markets ahead of the 2008 financial crisis, saying she does not want "the **u.s. taxpayer to get called on" to backstop** another failing financial market. no, that is y'all's failed financial model. being in crypto literally means you take your financial risks into your own hands. nobody's asking tax payers for anything. if you make a dumb investment you suck it up and keep it moving. if you get greedy and overleverage and lose it all, you learn a lesson and keep it moving. ask mark cuban what whining did for him. it's called being responsible for your own life decisions, for better or for worse. so sick of politicians and their pandering. if only the greater population had realized what they were missing out on before the institutions and politicos moved in on the market.
someone please get this old hag out of office. political positions should not be a lifetime deal! this chick has stayed long past her due.
go home karen, you’re drunk. again.
does she not understand that with more regulation and fund guarantees, then they would have to do a bailout after people's money is guaranteed and lost on exchanges? it's literally forging a sword and cutting your own hand off with it...except it is a nerf sword and you're made of pudding because you do not have a brain and do not think of regulatory consequences. took me all of 30 seconds to form this logic, she is dumb as fuck.
i downvoted the post instinctively, more than once, my bad...
it's sad. i thought she had potential to be a great person in the us political scene, but her lack of understanding with crypto has made me really thislike her
i have never seen a more clueless politician as warren when it comes to crypto.
i lost mine in a boating accident. and i'm not the only one. we could use a bail out.
that's the point we take the risk we can take care of ourselves.
well what she is talking about is all the stable coins going into the ecosystem that are not backed by anything. how can the banks pay everyone back through exchanges if it has become a ponzi after a crash? i personally do not think it should be bailed out even though i'm getting back into it.
hahaha what she is trying to say is that crypto might need to bailout “real” mass printed money in the future….
i'd be pretty well off right now if i got bailed out on a few of the rug pulls i've fallen for.
the word "bailout" only appeared in the title. it was not in the article. click baity?
there should not be anyone over 60 making laws. sorry to the few old people that can open a zip file, but most 60+ people know jack shit about modern tech, and should have no say in it.
can't wait for some crypto stimulus checks to buy some sweet sweet usd!
what a moron. a seniors home needs to send a bus to the capitol and scoop them all up. you do not belong in office if you are over 65.
smart...i'd love to hear how she came to that reasoning.
elizabeth warren continues to make a fool of herself with these types of media outings that show she understands absolutely nothing about this new world. she would do better to keep her mouth shut.
wow if this isn’t the most telling thing about her lack of crypto knowledge... yes please bail out my shitty trades and send me . thanks in advance!
ssssshhhhhhhh!!! she wants to send us all free crypto!! don’t remind her how stupid she is!!!!!! 🤣🤣🤣
sharpen your knives for grandma, gentlemen.
i can’t even wrap my head around what she just said. ffs
wonder how much crypto she secretly owns. funded by our tax dollars of course
she needs to shutup more if she is going to say stupid things.
everyone here is critiquing warren based on an article title and are not giving her enough credit. think about it for ten seconds, if banks and the financial system get thoroughly intertwined with crypto without proper regulation, the volatility inherent in crypto along with the novel technology and financial instruments (nfts, defi, etc.), its the *banking system* that could once again require a bailout to prevent crashing the economy, the concern is that this time without enough caution and foresight, crypto could become a factor. i do not even know if i could say she chose her words poorly, as this "article" is just a series of bullet points and partial quotes that could easily be taken out of context.
can we please vote all of these literal dinosaurs out of office!
step sis warren help me! im stuck and need a bailout
they would only need a bailout if the banks lose a ton of money. the little guy does not get bailed out they pay for the bailout
up yours with a cold 🥶 one pocahontas.
this woman is in commercials here in ca trying to get us to deny the recall election for a governor that is almost universally thisliked, dems and repubs alike. all you can do is laugh about her crypto thoughts. thinking…it’s obviously not her strong suit.
doge should of been on the moon already bail us out for this lack of moon
she reminds me of a bossy 3 year old telling me how to use the x-ray machine.
bailout crypto... yea send me the money ill make sure it makes it to the right people like how out of touch can you be?
hahahahahaha this fucking parasite helped bernie sanders lose. so sick of her braindead ass.
what the hell is she doing
please , shut her up!
i mean... maybe?? but certainly not in its current configuration. maybe some richie rich asshats will come along and tank their savings, and we'll see some big push for a bailout. either way, *i'm* sure not gonna see a bailout.
bailout: send me 1btc to this address and i’ll send you 2
wish all these fucking dinosaurs would just go away.
i can’t tell if these people just don’t understand crypto or they understand it and are heavily invested against it. either is scary
i trust crypto more then i trust any regulated bank
wtf how could we get our -70% with bailouts?
thank fuck she will never be able to become president but fuck are we all fucked by the fact that she has any political power at all.
lol. cuz fiat banks who are highly regulated have never needed a bailout 🙄
we got to keep those fuckers out of crypto.
good ol pocahontas talking out her ass again
what she’s talking about are 2nd and 3rd order risks from traditional wall street firms and businesses being involved in nefarious ways in a growing financial instrument. i don’t trust any traditional banks and firms to not do something stupid and over leverage themselves, annihilating the banking system in the process. crypto won’t (and can’t) be bailed out directly, but banks sure can be.
we will need to bail people out eventually. a lot of people are going to be in a lot of debt
she needs to be cancelled or someone should take all her money and transfer it to doge or icp
the way you bailout bitcoin is to print 50 trillion dollars
well if us idiots keep investing in inflationary coins, she might be onto something
is warren offering to prop up shitcoins with fed money ?
is this satire? i hope so
swamp creatures gonna swamp
she means large institutions surrounding crypto like exchanges and other investment platforms that are doing derivatives and lending with crypto. the bigger they get, the more of an impact they can have on existing financial markets. sometimes i feel the majority of these crypto subs have no idea what they are talking about.
they get bailout when banks cash out and profit. then the banks get taxpayer dollars to reinvest. the fed is run by those banks.
just when you think this bitch couldn’t get any stupider.
ahh yes, bail out ma doge wallet mrs. warren, please
quick send a relief package to safemoon
i usually keep my mouth shut about things even if i think i know about them for fear of sounding like a complete ignorant asshole.
hahahah what a dumb bitch
quick, someone tell this to the ceo of crypto.
uhm big banks have "regulation" they still need bailouts. funny how quickly she turned into a corporate drone.
yes. please send me your wallet so i can send a request for funds.
sen. warren sounds like she invested 10 million dollars in doge when it was 60 cents... the bailout she is calling for is her hedgefunds cronies that got themselves screwed with amc. i know the crypto market is screwed because everyone is waiting for amc to fly to the moon. and sen warren as well as republican should be calling out those 'dark pool' trades between the banks and hedgefunds because they are illegal.
bailout is the answer to all of their problems huh. taxation is theft.
i could see stable coins requiring regulation. beyond that it’s just kyc. no bailouts for real crypto though. this inexact sort of headline makes people angry and makes her look ignorant.
fiat might need a bailout someday without proper regulation…
elizabeth needs to educate herself before making these nonsensical remarks.
why doesn’t vitalik or charles talk some sense into these clowns? if charles can sell ada with no product, i’m sure he can placate these government folks
don’t worry guys her current term ends real soon… 2025 🤦🏻‍♂️
the government just wants their hand in it.
she is not interested in crypto, she is interested in attention, and she knows that saying things about crypto's gives her the attention she wants. that most of is is nonsense, is not important, because she knows that most of her voters know nothing about crypto's.
we dont want your money we want freedom
let me get that refund please for my safemoon
like kryptonite to democrats, they cannot control or gain power from it or tax it! give freedom a try! 🇺🇸❤💯
who elects these morons
she is just planting seeds for the misappropriation of funds in the future. business as usual.
pocachontas has a long history of not knowing what she’s talking about.
this was really said?!?!? is she really that ignorant? if you are going to rail against something, at least look it up on wikipedia and give it a quick glance.
shhhiiiitttt, ill take a bailout in eth
>u.s. sen. elizabeth warren (d.-mass.) said wednesday that an expanding cryptocurrency market could pose a threat to the u.s. financial system but, like, *how?*
the only “bailout” i could even fathom for crypto would be if a major wall street broker or investment banker lost their ass on crypto, they’d be bailed out. too big to fail. us little guys are allowed, or rather encouraged to fail. where do you think all the money on wall street comes from? it ain’t trickling down from the wealthy…
senator warren! i need a bailout! bitcoin, cardano, ethereum, etc. are really down from their high point. i need a cash infusion to boost the economy. plz plz plz, let me buy a whole btc, eth, and a million ada.
these people need to be briefed by industry experts on how defi works and and not the financial institutions that are against crypto that are funding her campaigns.
i've never had a bailout from sec protection. is this new?
is she fucking that stupid? & she is a law maker. people lost their shirts on tech stocks during the bust? how many bailouts did she do? publicity whores & ignorant fools like warren and o’crazio are our law makers lol 😂😂😂 god save usa
l...o... fucking l... jesus christ like we do not bail out banks or airlines or anything else. not that bitcoin would need a bailout that idea does not even make sense
did someone forget to take their meds?
warren is a brainless shill for corporations
who the fuck will get bailout money,lol
everyone in crypto just collectively face palmed themselves reading this. really makes you wonder how much she really understands big tech
getting jiggy about a bailouts is showing she is a typical politician
can she just shut the fuck up? who does this idiot think she is?
couldn't this be true in a way if major institutions are heavily invested in crypto in the future and they require a bail out?
just want to say wtf...
wow. no understanding at all there. means her staffers aren’t doing their homework to inform her -or - they’ve decided to go with a message that speaks to those people that sit at home all day and watch the news — grey hair — lack technical understanding —- retired most likely —- etc.
how tf would you even bail out cryptocurrency?
elizabeth warren is the ultimate final boss karen
boomer hating crypto? no wonder.
this reminded me of a congressman in my country who said that technology should adjust for the politicians.
some of the dumbest shit i've ever read
this subreddit is delusional if you think the government will allow 401k pretax contributions without some custodian involved once more then 1% of the population begins contributing utilizing crypto. that custodian, will probably be part of a central banking system as part of regulations to allow crypto assets to be applied in a pretax fashion. the government can create their own layer on top of crypto, essentially independent of crypto abd mix assets. thats where this is all heading.
what big bank has her on their infulencers list? $$$
like bernie, cannot stand warren. not even a little. and it has nothing to do with her sex, and everything to do with her flopping like a fish and being generally clueless about what would actually animate the working class.
the banks know these morons don’t know what they’re talking about, bailout please!
devil's advocate: if enough of us buy crypto like bitcoin on an exchange, they can 'short sell' our coins causing the price to drop.
lol she is laying the foundation for an eventual bailout of all the corporate coins (amazon, pepsi, facebook, etc) which will tank in no time.
wonder who she wants to regulate crypto. hmmnnnnnnn...
if she want's regulation great, regulate it so that banks holding crypto would not get a bailout and that will keep the crypto market decentralized like it needs to be.
this is why no body likes this lady she’s off her fucking rocker.
she needs to be getting spoon fed jello in the same nursing home as biden.
so they’re on par with every major bank, airline, hotel chain, and defense company?
let them burn, no need for crypto no one gives a damm enough to put money on it. also she is right that is not fair to make a bailout for corporates investing in crypto, losing money and then transfer that loss to the taxes of the people. also let them burn as in any normal economy.
she probably meant the big shots will get bailed out once they fuck up with their keys and realize their obscene btc funds are gone forever. government will always be there to bail them out, do not worry. but not joseph who lost his 300k retirement savings to scammers.
considering how many large institutions are heavily invested into crypto and how tied they are to market activity across the board, combined with the historic instability of crypto and current unregulated scamming're seeing, shes not entirely wrong. crypto is basically just fiat currency anyway, except you cannot buy anything with it lol.
what a joke. it is not like bailouts have ever stopped them before. they hand out bailouts like lube at a boy scout convention
it's weird that people are acting like crypto is immune to massive abuses by large institutions, i honestly do not see how an unregulated currency is better. hasn't bitcoins price been manipulated multiple times in the past?
when tether goes tits-up, let us see who's right and who's wrong about regulation and bailouts.
what the fuck is this lady talking about
elizabeth warren can kiss my ass.
who keeps electing these bozos? 😂😩😒
i will give her benefit of the doubt. crypto itself will not need bailout as we all know but you are starting to see some crazy over leveraged crypto based products that might have issues in future. probably should let them fail if they take excessive risk but often regular people get entwined.
what a dumb bitch
this lady has been full if shit for decades. came to the defense of robin hood and other trading platforms that screwed over gme and amc investors. why people on the left champion her foe any reason is beyond me
gm, chrysler and wallstreet have crazy restrictions and they still need bailouts
when debt is not involved you don’t need bailout.
as a massachusetts resident i have no idea how this woman keeps getting elected. no one i know votes for her and she is just simply so out of touch and clueless.
has the ever spoken about capping negative balance fees for banks against poor people?
wait? they are going to bail me out if this shit goes bust? sounds bullish to me
bitch, bail my ass out already! 🤣
lol bail out my btc!!!
after the iron finance bank run, i could definitely use a bailout
she looks like chris chan's mom.
hell, i'll take a bailout
this is going to be completely buried but as someone who read the article it nowhere says that crypto will "need a bailout" or anything close to that. it does not cite any sources and most of the links that come up when you type in "warren crypto bailout" just take you back to this uncited article or to this reddit thread. this post does nothing more than provide a place for people to put their own lack of critical reading skills on thisplay.
anyone having voters regret over that one?
i love the projection of 'how they do things now' onto emerging technologies and paradigms. boomers gonna boom.
cant she just shut the fuck up?
that's a crusade against crypto
she’s spending too much time with big banks to see reality anymore. i was a big supporter of hers but the more she talks the less educated and self interested she sounds.
if i may: the bailout that she is referring to is intertwined with crypto etf’s. should they become main stream while they’re unregulated on the federal level, another 2008 recession can also occur and would thus need bailouts. different industry but same results.
so, regulation means no need for bailouts? great. i want my tax dollars that were used to bail out the big banks.
finally someone who speaks truths!!! big-crypto has been scamming us for too long. from the bitcoin ceo's to ethereum's board of directors. they should be controlled and audited by a regulator. if they are not they will, like the banks before them, fall and need our bailout money. it's taxpayers money!!! our moneys!!
honestly wtf could she even mean by this?
this is just a politician talking out of their ass to stay in the media spotlight with the intent to spread fud. she could not tell a blockchain from a currency if her life depended on it. i feel sorry for ppl actually believing her misinformation.
lol pocahontas is really dumb.
bail what now?? these politicians cannot live without needing to bail something out. why does warren insist on talking about some thing she does not understand? why not do some research first before opening your mouth? life must be easy when the people that vote for cannot be bothered to fact check what comes out of your mouth
i laughed is hard til i thought, dear god this woman actually thinks this. so very sad for america.
satoshi is laughing somewhere!
maybe she should bail-out of washington and stick to topics she understands.
ahahaha wtf. bailout who?!? totally clueless
i guess if btc truly became the standard then governments could apply keynesian stimulus to even out the boom and bust cycles. hard to call that a bailout though
she means they do not currently have a way to insider trade on crypto currencies like they do everything else
wth is she talking about?! shows how much she understand crypto…
i believe op is quite "naive". crypto markets now have "important people" money in them. this people will not like extreme volatility in their assets, hence they will pay their way for politicians to manipulate the cryptos by artificially injecting funds into them to keep them moving the ways they need them to move. its whats done with the silver, gold and real estate markets. and as long as crypto markets accept fiat, governments will be able to manipulate them by creating and injecting whatever they want into them.
get the fuck outta here. she’s talked a huge game about regulating wallstreet yet here we are - dark pool trading all over the god damn place. she’s a big talker and all the rubes who actually believe her are idiots. edit: she’s also missing the entire point of crypto
just like she votes for the pointless military budget without a word every year, i can see her drafting and voting for a crypto bail out bill that hands money to her and her friends.
remember when we had that bailout for bitconnect investors?
sad part is that she knows more about crypto and defi than 99% of congress
before you thisagree, think about all the rugpulls that have happened. think about… tether. i’m not saying regulation or bailouts are good. but to say they might not be needed ever is false.
very bullish - fuelling the flames 🚀
that's not the only thing she knows nothing on but publicly talks about
i hereby declare need for dogecoin bailout. please send my refunds to: gkvew3444asddbatshitcrazy423sdff824. ooops, that was my shillcoin address. sorry, liz
how are these clowns in office?
maybe she wants to send us cummies?
to be fair trusted.
does she wake up in the morning and just think of this shit and not even try to fact check it before spewing it to the world?
yea she’s a complete bafoon…boomer mentality. she’s a servant of the banks
i need a bailout i'm too big to fail
she only wants to get her hands on our money or money so that she can regulate our profits by taxing it
i'm assuming she is talking about bailing out investment funds that hold crypto assets. so the same people who go bailouts before. not you or me
damn. she is done huh?
she’s the absolute worse type of person. a fraud who convinces her sheep that she’s morally and intellectually superior.
i don’t need a bailout because of crypto.
she’s just mad we aren’t still using wampum
can i get a loan on my future bailout now? i am gonna go long eth 100x with it.
that’s idiotic and fuck crypto.
what an idiot. she wants to regulate it to death without knowing what it is
we lost a half a trillion in market cap last year in the march crash, and the global financial system didn’t melt down. losses were to speculators, especially levered speculators. overcollateralized defi loans may also have helped systemic risk. once traditional finance levers up debt 10:1 in the space, that may change.
fp to rh he’s wearing a singlet.
lmao bailout. ok boomer.
bailout lol dumb bitch
well, knowing what we now know about him...
ethereum bailed out it’s users once before. i think it’s entirely possible that certain daos bailout their users in the event of a market failure, a bug, or a hack. that said, i don’t think elizabeth warren knows what she’s talking about
just print more money, thats the solution to a crypto crash… pure genius…
pretty glad she did not become president at this point.
uh no, but the banks and hedge funds will need more bailouts...
what the fuck? a bailout?
boomer cannot compute... she really has zero clue
i wonder if such a bailout will require kyc, and if they could i would rather get the bailout now than tomorrow so that i can buy more.
why are ignorant people in power
they can bail me out
any source for a direct quote?...
any time leverage is involved, there is a potential for problems.
she speaks so fluently about things she has no clue about. just like my mother.
not to mention, i love the idea of banks getting into the crypto space and having no clue what they are doing and accidentally losing it all to our system like any other rook. monday’s headline, “bank of america’s crypto holdings took a major hit over the weekend and caused a massive selloff due to only working banker’s hours”
does anyone really know what theyre talking about? what would a bail out entail? the fed buying large amounts of said crypto to trigger stabilization?
liquidity on exchanges is often an issue, with limits constantly being lowered on wirhdrawls
we allowed banks to stuff themselves so full subprime, mortgage-backed securities that the world economy got hit in the nuts in 2009 and, arguably, hasn’t really recovered. it makes total sense that they can’t be trusted, they’ll stuff their vaults full if they think they can make a profit, then cry with their hands out if they don’t.
i literally exclaimed “wtf” after reading this headline 😂😂
who will bail me out if i loose my life fortune on crypto? oh that’s right …...
if anyone gets a bailout from over investing in a volatile asset it’ll be corporations while the little man gets shit on again. good thing we have nothing to fear
she’s so old she probably refuses to use email
she’s so old she has to ask her secretary to open google
the crypto markets had dived >>50% in the past many years but yet it rebounded stronger without any bailout.
crypto is only worth what people think it is worth, just like our current forms of currency. so it is also at risk if people just no longer find value in it.
i’m here for my bailout + profits for getting rugged on shitcoins y’all
we've done well without your shitty regs for over ten years ... i miss the wild wild west days
i don’t understand why would they. that’s like saying we have to bail out the canadian dollar some day. am i not understanding something?
she the same chicken that wanted to implement a wealth tax or something?
as long as investors continue to treat cryptocurrency as a form of security while having no market-based mechanism for valuing it, yes, eventually some crypto investors, most likely institutional ones, will demand a bailout. my reaction would be a resounding, "no." then again, that is how i reacted when the us decided to bail out banks which made toxic investments. but he who has the loudest lobbyist gets the money.
yeah, who tf would even think about bailing out craptotards?
she can start by bailing out dogecoin bagholders heyyyyy-000000000
people get bored when the markets are closed.
hell yeah, dump taxpayer money into my bags of shitcoins.
like the banks?! lol
a regular link exploding again just for a few
she is got some balls to say that with the current state of the stock market.
what is she talking about? let people who have an idea of ​​what they are talking about to run the country
a democrat advocating for more regulation? is this surprising to anyone?
republicans have actually been way more crypto friendly minus trump. desantis in florida offered chinese mining farms to come into his state.
she is right. what's going to happen when this ponzi collapses. who's going to cover the idiots who put actual real money into this charade. this will be a global financial crisis far bigger than anything the world has ever seen. it's coming soon, the house of cards is slowly running out of idiots.
she is literally stupid.
god she fucking sucks so hard.
elizabeth warren needs to get off her soap box.
she is the one who pretended to be native american. don't believe this person.
another example of how some cannot wrap their brain around decentralization…is there a pocahontas coin ?
bruh stop listening to warren. she’s an idiot who lied about being a native american
nah, she knows exactly what she’s doing…her ultimate goal, as a democrat politician, is to increase government control over everything.
are you kidding me right now? nobody in government has any idea what they are talking about. they complain of incompetence but it is the environment that has such a detrimental effect on a person. that's why we're only as good as the people we associate with. ^(honestly, who cares though?) ' ' ' \*\*hugz\*\* 🤗🤗🤗
she is soooo full of herself. she thinks the world cannot get by without the government. "you cannot manage without me... i am all-important. i am here to save you from yourself. i know better than you what you need." total nanny-stater. good lord... just stfu! let me make stupid decisions, it is alright. really. i promise i will not come knocking on your door for help. ever. now go find something that actually needs to be fixed, because there are things.
yes please i’ll take some bailout money. what a moron.
she just wants to tax it to help pay for people’s health care, that’s all.
i used to like her now no results .
hahahaha, i love the concern over a system that cannot have, but is clearly not concerned about the current banking system that has needed bailouts... and will likely need another one soon. tell me you have no idea what you're talking about without telling me you have no idea what you're talking about.
probably should stick to making paw wow chow.
with binance being a rug-pull exit scam, i could actually see them bailing out binance users, not that i would agree with that. but yeah everything elizabeth warren says blows my mind, the chick is almost more dumb then aoc
why search on google: "what is crypto?" oh wait she only search in stone books
make no mistake, they will need a bailout because of regulation.
for people interested in futures trading, check out r
it’s definitely not you fanboying about your hobby.
this bitch for real?!?!?!? lmao 🤣
snake it til you make it. that’s what her nana taught her.
already taking about bailouts, just toss them .
oh boi boi, what will they all try... sad
agreed. the problem is, that there are a lot of tards that listen to this snake charmer. she is probably filling her pool with the "snake oil"
that old sea hag can’t even turn on her computer without help. she once asked someone how to google something.
someone who has no clear grasp of topic their talking about shouldn’t be saying this stuff publicly or as a representative of the us government and i actually agree with her on certain issues but she has no fucking clue what she’s talking about
only the young belong in politics
this is what happens when you put he power back in the hands of the people and not private corporations like the treasury and banks
and where were these mythical regulations that would've prevented the banks and all your other cronies from being bailed out 13 years ago? how effective were they?
crypto for the win
i was so stunned by the headline that i thisliked.
ans she got that karen face
dont you worry my dear, its all gonna crash anyway.
can't believe so many people wanted this dumbass as president
get this dinosaur out of office right now.
do you think she knows we are laughing at her? ![gif](giphylszab3tzftrau)
all these boomers need to leave congress
warren lost all credibility when she relentlessly pursued the indigenous card. her (failed) quest to prove this was an insult to so many north americans. i'm failing to see how she is not a fraud?
this woman is clueless.
🐍🐍🐍🐍🐍🐍🐍🐍🐍 fuck liz warren.
i'm convinced warren is one of the most corrupt politicians in washington. she virtue signals and the pivots to the billionaire's bidding.
another woman proving she does not know shit about anything
i’m tired of rich people talking out their ass and trying to stop people from making money. fuck her
fuck, will this moron ever shut her gob about shit that goes so far over her head that she is practically drowning in a river of shitty ignorance? i used to look to her as a source of credibility (despite (or because of?) her highly manufactured public image) and now every time i read her name i want to spit with rage!
here they are, slowly moving the pieces into place…… she knows full well what crypto is. they are building the narrative for the bitcoin crash 2022. america inc has f**ked it up again, so they’re lining up crypto as a scapegoat.
she knows. she’s just trying to drum up support from the perpetually stupid. it’s about 60% of the population. thirty percent for each party.
[ \^\^!] that’s harassment.
can’t believe people this stupid are in positions of power
i actually really like warren but here she is in fact completely out of her element.
woman, neo-liberal, politician. it’s usually the winning trifecta. huh... weird...
don't worry guys, i was just told last week that when the federal reserve releases its own coin all other crypto will be pointless!!!
maybe she should be working on bank of america's bailout from shorting gme !
she’s so old she yells at the computer
to be fair, she is an idiot.
it’s so alarming people are able to easily accept pieces of paper and circles of metal have an agreed upon inherent value, but are unwilling to accept a digital version. i would like to think this is similar to when movies first came out and people didn’t understand and even moved away from the screen thinking a train would hit them. in time people understood how movies work. so i assume in time people will just understand how crypto works, but then i stop to think we are not uneducated and as simple as those people first being exposed to a movie are we? no we are not. this about money and an older generation grasping at whatever they can to ensure their pockets stay fat and they maintain control
imagine how close she was to becoming president. she probably means if the price skyrockets to like 500k, then crashes so hard and puts a lot of people into bankruptcy. and then that’s when they might have to pump a lot of money into recovering the deprecating cost.
this was hysterical. obviously she is being lobbied to be the anti crypto politician and speaking completely out of her ass. lol please bailout my moons if they dip !!!
i can see it already… she’s going to propose legislation that mandates percentages of mined cryptos and governance tokens into government coffers as an emergency fund for such an event. another social security like ponzi scheme…but it’s okay if it’s government backed.
she probably has a bunch of rich friends in crypto and has seen some of the shitcoin and scam news and thinks she needs to protect them
as a liber, someone gag her... i've never believed her liberal cred anyways
your tax fiat as work, ladies and gentlemen... crusty old cunts like this are the best we can come up with? fuck outta here.
“sources: bro trust me”
op is a fucking moron.
there's a clear republican astroturfing campaign on r. i recon that some steve bannon-type republican strategist has identified crypto as the new 'gamergate' to recruit easily mislead and outraged idiots - and there is plenty of those on r edit: double posted in another comment for visibility.
maybe i’m not seeing the full article, but i can’t find anywhere where it talks about bailouts at all. [this cnbc article]( on the same topic doesn’t even mention the word bailout once.
its kind of funny as its not really an article at that, just a small number of bullet points. i read it, looked for the main text body to go into detail and realised that was all we were getting.
guarantee it won’t be you or me, lol.
my wallet is open for any funding
i bought matic at .25, imma need a bailout.
to the shadowy super coders, duh
if banks hold crypto…the banks.
coinbase, square, bank of america...
there’s actually a very very small possibility that certain stablecoins could warrant a bailout due to the fact that they’re connected to the global financial system via their deposits . a run on the stablecoin would lead to them withdrawing , therefore it’d be a run on whatever banks they use or on the market price of the bonds they invested in. it’s extremely unlikely, but not outside the realm of possibility. i really doubt that’s what she meant, though.
what they are saying is that without regulation, you could have large banking institutions making huge risky plays on crypto on loans, and then going underwater and causing huge issues to the financial system, just like all the risky mortgages that caused the financial system to almost collapse in 2008. nobody wants that to happen again, but everyone in here is just so rabid about only positive news that they are not even taking the time to understand what these articles are saying. letting major banks make huge speculative plays and then having the taxpayer foot the bill when it all goes to shit is something that nobody should want.
everyone who sends their crypto to warren first.
perhaps she knows who satoshi is... hahaha
_she said crypto could be used for the democratization of the financial system, though regulation would still be needed to prevent more people from coming into the market "to be cheated."_ yeah, because loans , the stock martket and regulations do not cheat you. our current financial system is perfect.
the mining council. they really need a hand out. so much for desentralized freedom.
she wants to bail satoshi
presumably by investing in a currency, in order to drive up its value?
it is a series of tubes... who knows, honestly
the users right? right??
somehow they would route it back to their donors or themselves
i think the president of bitcoin
probably defi platforms or stablecoins
it will be when wall street crook firms get involved and exploit crypto and fuck the shit up. then we (the taxpayers) have to bail them out with our tax dollars. fuck them wall streeters
high it is me mr. crypto, please send bailout funds to this address. think you.
i think you know the answer…...rich people and banks!
to the hacker known as anonymous? let's be real about this though, big finance are starting to realise that crypto is here to stay, so they are wheeling out their puppets to try and kick up some fuss about it so they can push through shitty legislation designed to put them in charge of all digital currencies, because they do such a great job of managing the "official" economy. she does not give a flying squirrel about anything other than taxes and profits, and crypto is seen as a threat to both.
do you have a job and pay income taxes? if yes, not you.
come to think of it as much of a laugh it is maybe she meant all the hedge funds investing may need a bailout because of a crash or something but this is still funny
knowing the government they would send it to random addresses for people who might not even be americans or to their friends and family
you would buy the coins
they’re dumb enough they’d probably send the bail out money to the exact same banks that got it in 08. just like “we have no idea what we’re doing but throwing money at banks has always gotten us out of trouble so let’s just try it again, to the tune of hundreds of billions of dollars of course”.
she is just used to us tax payers bailing out b of a and wells fargo every couple of years, all while they ream us with overdraft fees lol
just airdrop it to the addresses effected of course!
obviously they send it to elon musk. with her level of ignorance i wouldn’t be surprised if she thought he runs the market because tweets
i’ve got somewhere they can send it
i don’t know, i could certainly use a bailout.
let me translate from politician to english: our cronies are investing in crypto. if they lose money because of some crypto prices going down, we will let the printer go brrr and give them money to replace the lost money.
me, send it to me. pretty pleeeease.
she is going to demand that bitcoin’s ceo answer questions in front of a senate sub-committee.
lol i usually support warren, but she needs to retire. old ass bitch with 0 knowledge just talking to talk. fuck off warren, go sit in the corner with the other old people.
the anonymous hacker known as 4chan of course.
this woman is going to turn me into a republican if she keeps saying stuff like this.
we laugh, but there is a case for 100x leveraged institutions, funds shorting or kyc type of organizations and also etfs? xd
they will base the bailout off the gains you claim every years 😂😂😆😂😆😂
jp morgan and the others will open their hands for sure
just send it to my wallet address, thanks
maybe they’ll send all the fiats to the dead addresses
send it all to me and i’ll dole it out as a see fit.
her personal wampum fund.
given how out of touch she is, i could see her sending all the bailout money to craig wright.
but who will pay everybody when mt. gox goes bust?
it could be true if you really stretch her statement to only applying to paper crypto derivatives on regular stock exchanges. who knows. maybe one day robinhood will indeed need (or at least want) a bailout.
maybe the bailout goes to mr. nakamoto?
coinbase, voyager, gemini, satoshi, elon musk. edit: serious answer: the bag holders. in a scenario where shitcoins start getting shilled enough to have their ultimate crashes shock the economy, it wouldn't be that crazy to give some kind of tax credit or payment to all the suckers who'd been conned (not to make everyone fully whole, but just to do the minimum to avert a recession). alternatively, if crypto as a whole were to become intimately intertwined with the us economy or "too big to fail", the us might have an interest in artificially propping up its value by placing big orders on the open market, or by buying it at a fixed or above-market rate specifically from us citizens. tl;dr: the headline is nonsense. i do not necessarily agree that crypto needs more or regulation (or, if it does, on what that regulation should look like), but elizabeth warren absolutely knows what she is talking about.
send to my address bail me out today
major financial institutions and brokers. they'll take unsustainable risk, and get bailed out, as always. the major volatility of crypto is actually attractive in that regard, because there is justification for greater bailouts, and during spikes greater returns. the normalcy of bailouts has become an incentive for maximal risk, and using those gains to pay off the politicians keeping the safety net going. warren knows exactly what she is doing here by laying the groundwork for phrasing crypto as needing bailouts, she is continuing this normalization into the crypto space as formal financial institutions begin to colonize it.
maybe if you read the article you would understand, she does not want banks and other institutions holding our money to be able to make big risks on crypto like they did with housing
the bankers who play with shitcoins.
goldman sachs is gonna need the gov to wire them some crypto so they can feed it into the trickle-down machine 🧐
they would send it to the institutions who over invested, hypothetically.
whatever whale promises to donate to their campaigns and offer them a lobbying position
its a politician, soo... her friends who invested billions i'm guessing.
the banks who are trying to get approval to “hold” people’s crypto. they want to make it so they can continue to leech off the people’s finances and make outlanthishly bad loans. and before you go on about “not your keys”, just think about how large dollar (non-individual)accounts will need to be managed. if warren is not allowed to create regulation protecting people, they will absolutely do the same shit as 2007-2009 and then ask to be bailed out.
banks, politicians, anyone “important” that gets burned.
don't worry i emailed her my btc address.
i could give her an address or two
>who would they send the money to? coinbase of course right after they bought stock.
consumers who lost their coins in an exit scam?
well, lord b. itcoin of course!
the treasury can prop up any asset.
grade a mental gymnastics.
wonderful idea! send the bailout to my wallet
only her rich friends who lost money of course.
hey guys remember? "institutional money incoming"
she’s probably talking about funds that hold crypto, or crypto mirroring funds.
coinbase when they cannot return your wallet funds. no fdic protection.
this really made me laugh. she is in so deep with the banks.
might be wrong, but i think she means bail out the banks and hedge funds invested in it.
to the ceo of bitcoin, who do you think. jesus
the banks that are buying it. you have to protect then they are sensitive and innocent!
wtf? lol how does this work.
did you read the article? it’s not just crypto - if any bullshit scam has a market cap in the trillions then a collapse of said scam could cripple the legitimate markets. she’s absolutely right.
the hacker known only as 4chan.
to the blockchain :d
ya i'll take one too please
> i don’t think anyone here actually read the article, just people reacting to the headlines. *where do you think we are?*
this thread is full of people angrily agreeing with warren, and then insulting her and saying she’s wrong. it’s kind of wild.
so many idiots in here who actually think they’re gonna strike it rich in the crypto market but would vote republican just because they don’t want to potentially pay taxes on money they could potentially (never) make.
there's a clear republican astroturfing campaign on r. i recon that some steve bannon-type republican strategist has identified crypto as the new 'gamergate' to recruit easily mislead and outraged idiots - and there is plenty of those on r
so just like every single politician.
that’s because it is not yet sufficiently integrated with the broader economy.
i’m sure a lot of that is due to only a handful of people investing. if crypto starts taking up a larger portion of companies’ assets and banks start pushing crypto investments onto their customers, we’ll see more drastic consequences.
looking at you, banks that fucked up our economies all the while getting billions of dollars in bail-outs. fucking rich coming from that bitch.
because only about 0.001% of the population actually has any or gives a shit about it. this is an incredibly stupid argument.
and comes complete with a worldwide transfer network that you do not have to beg some unelected gatekeeper for permission to send your money to. that's the part they really do not like.
this. people are so quick to judge based on the headline and do not understand what happened in 2008
warren has been one of the most stalwart and consistent forces working to protect people from big bank bs. she came up with an entire fucking agency for this purpose. at a very minimum, she has put a fair bit of thought into her opinions, and she knows what she’s talking about.
did you even read the article? she is literally saying that her goal is to prevent any situation where banking insitutions make huge risky crypto investments and taxpayers are forced to bail them out. you are agreeing with warren but somehow also against her? please at least try to understand what she is talking about
that will happen on crash 69
isn't that the reason she wants to regulate?
she actually wrote a good book called “the two income trap. why middle class still going broke” years ago. too bad once she became a politician and tasted that sweet bribes from financial industries, now she is just as corrupt.
yes, i am to big to fail
yes. its an obvious misunderstanding. when the subprime crisis happened it wasnt subprime lenders that needed to be bailed out, it was banks and retirement funds etc that had purchased a variety of securities. the same applies here. if jpm etc start putting significant amounts into crypto, then yes, in theory jpm might need a bailout eventually.
she is talking about bailing out the idiot banking industry that will over leverage themselves (as they did prior to the bailout) if we do not put controls on how the banking industry can buy crypto.
this. crypto was born as a response to the 2008 crisis. this is the response from institutions to crypto. you think you can escape the "rightful" owners of your country? think twice. everybody pays taxes, to rescue the institutional investors after they fuck up again. when they win, it is their money. when they lose, they get back your money. when you win, you pay taxes for it. when you lose, you should not have done anything on your own, institutional investors are here to offer you "great packages" with interest rates below inflation. the usual message in the sub is: "it is decentralized, they can do nothing about it". think twice. what happened to p2p file sharing networks? where is the net neutrality in the us? crypto may become nearly non-existent in china. similarly, it may become an additional tool to extract rent from citizens in the us, and elsewhere. the usual answer to that is: "haha! that is impossible!", and that is a problem. > “there's no difference between a pessimist who says, 'it's all over, do not bother trying to do anything, forget about voting, it would not make a difference,' and an optimist who says, 'relax, everything is going to turn out fine.' either way the results are the same. nothing gets done.” > > ― yvon chouinard
it’s like she got her info from a bunch of drunk retired bank ceos at a corporate dinner party, and then made up the rest on a whim.
when bank of america started getting into crypotcurrency... then tesla. yeah, i agree with you in thinking elizabeth warren has a point. if aforementioned bank of america or tesla or whatever fortune 50 company that makes up the bulk of the index funds america's retirements... let's say they overly speculate on crypto then there is a crash of some sort and these corporations end up with solvency issues. they 100% would go to congress with their hats in their hands asking for a bailout. "too big to fail" from 2009? still an issue, was never fixed.
that seems like a bank and government problem. not a crypto one. trying to put a death grip on the crypto market because banks are greedy and government is bought + paid for by the banks is a profoundly irrational strategy.
they did not "require" a bailout in 2008. we should have just let them fail. hell, signaling to banks that they will get a bailout no matter what is just going to make their behavior even worse.
is that not a reference to scam coins and pump and dump schemes?
interesting to see you asking someone to explain something when you clearly didn’t read the article yourself. she never insinuated individuals would need a bail out. this entire thread is a misinformation power house
if last election showed us anything its that warren loves nothing more than fucking over anything that voters as individuals want and anything thats popular among the non wealthy elite
it seems to me that governments are starting feel the pressure from cryptocurrency. their hands are tied though because if they were to embrace or invest in cryptocurrency the dollar would collapse and they would have no ground to stand on. ~~however i believe she is doing an even greater thisservice by using the general public's ignorance of cryptocurrency to sway their thinking away from it and keep the general public focused on the american dollar.~~ after reading the comment from [u]( i am relieved to see senator warren defending the taxpayer per usual.
any explanation to her is just gonna fall into deaf ears
i don’t think anyone here actually read the article, just people reacting to the headlines. the article is also trash, i found a bloomberg article talking about the same thing and it’s clear she is talking about scams in the crypto market. the article in the op just cherry picked her words to make it sound as bad as possible. from the article: “warren pointed out that pump-and-dump schemes that are clearly illegal for stocks often go unpunished for tokens because oversight of the industry is unclear. her comments follow a pledge this week from securities and exchange commission chair gary gensler to bring more crypto enforcement actions, as he said the market is rife with manipulation, while arguing that many tokens fit the definition of securities that fall under existing u.s. laws.” full warren quote: “the bigger it gets and the more it stays outside the financial system -- something goes wrong, there’s a run on crypto or elsewhere in the economy, i don’t want the u.s. taxpayer to be the one that gets called on to back this up.” you can still thisagree with this message, but the fact the original article doesn’t even mention the shit coins and just tries to paint her as saying “cyrpto bad” is laughable. edit: another thing i don’t see people mentioning is she actually gave crypto some praise, from the bloomberg article: “the senator added that she does see positives for the technology behind digital tokens in potentially providing financial services for “unbanked” consumers. she said crypto could be a solution for workers who lack bank accounts and now have to pay high fees to cash their pay checks.”
excuse me, you’re interrupting the ignorant circlejerk with your rationality
stay away with your reasonable opinion. this is r
i think the bigger problem is that 12 years into this space people still think it is possible to 10,000x on their investment. quit fucking with shit coins and you would not get scammed just saying...
thank you i’m so sick of this sub’s knee jerk reaction to her misrepresented statements. she is 10x smarter than any user of this sub.
the genesis block of bitcoin includes the words “the times 03.”. the entire point of crypto is to move away from corrupt central financial institutions. if people get burned because of tether, why should the rest of society be forced to pay for their bad decisions? i do not get bailout money when i lose all of mine betting, and nor should i! people should view any regulations towards crypto with extreme skepticism. even if it is done with "good intentions", it can have thisastrous consequences. the goal with the government giving out mortgages was to "help" low-income people and boost the economy. look where that lead to in 2008, years after people warned this is exactly what would happen. society is better off without central planners
not to mention literally bailing out cryptocurrency reserves e.g. dai and usdt... definitely usdt. imagining a stable coin that permanently loses its peg and how much mayhem that could cause.
crypto would not need a bailout. banks will. and if their investments in crypto do not pan out then the government will make sure they get their money.
most of the comments here seem to have failed that test.
and yet, that would not be a bailout of "crypto markets," it would be another corporate welfare event, where rewards are privatized and risks are paid for by you and me.
so warren is onto something here then right?
also it is hilarious how government instinctively wants to give bailouts to low key buy and control corporations. -- print money. fuel debt and crony capitalism. promote shitty business practice. bailout shitty companies in black swan events. essentially now own those companies. government is a mob.
the current global market cap of all cryptocurrencies is [.6t.]( the comparable number for publicly listed firms is [.5t]( in other words, a drop in the stock market is 52x the same drop in cryptocurrencies. moreover, the vast majority of people who have private retirement accounts (e.g., not some form of social insurance) have zero exposure to crypto in their portfolios. if crypto grows to the size of the publicly-traded stock market, and permeates iras, 401(k)s, and other retirement investment mechanisms, i promise you: individuals, markets, regulators, and politicians *would not* be saying "just another tuesday" if it drops by 50%. i'm not arguing for or against what warren is saying. but this is not an intellectually honest argument against her.
exactly, this is her problem, not a problem for cryptocurrencies
that's the essence of it... crypto is just like the shadow banking sector (think ameriprise). if mom and pop investors adopt crypto as a savings vehicle, the fed will be forced to support it if it gets illiquid and treasury may have to bail out institutions that hold crypto should the market get thislocated. so, given our history of bailing out too big to fail, do you want to leave crypto unregulated?
the bailouts back then we're to inspire confidence. assets had dropped in value so much and all the business and derivatives were so intertwined no one knew who was insolvent. this caused everything to freeze up because you could not trust the counterparty. that same thing would not happen in crypto because it is easy to see the total assets held by a protocol.
thats asking a lot from this crowd.
bailouts are for the rich and only them, because the rich are the ones making the rules.
yes. and pretty much everyone laughing at this is showing a fair bit of ignorance about how financial markets work these days. stock trading is done in the majority not by holding or selling actual stocks. guarantee the wall street fuckleheads will do the same with crypto.
yes, and there are no dumb questions. she probably fomo'ed into that expensive 1,000,000 etf offered by ? jpm i think? she probably bought in at
maybe the mods want you to experience what they have to put up with every day
no no, she means when the rich people have a bad year in crypto, the government will have to refund all their losses, like they do with banks
um, that’s not a great argument for why regulation is unnecessary. big banks went “balls deep” in sub-prime mortgages a few years back, and that didn’t turn out great. edit: i dumb. read “doesn’t know what she’s talking about” initially.
people here love to keep believing crypto is the bastion of financial independence from “the big guys” like it started out as, meanwhile huge corporations are buying ridiculous amounts of bitcoin and governments are regulating it into a typical lopsided money market.
get your fucking logic the fuck out of here you piece of filth. you pillock!
but then how will the rich and powerful stay rich and powerful. come on man, think.
then that’s a bank bailout. not a crypto bailout.
they are not bailing out people holding crypto, they would be bailing out major financial institutions that took out huge loans to leverage bets and short positions that they cannot maintain, just like in 2008
yep, it is amazing how willfully ignorant people are being. you have exchanges, you have leverage. if crypto becomes a major part of the economy, then big moves could cause a chain reaction of instability and insolvency.
i said the same fucking thing.
good stuff here. thank you. i find it interesting to observe which of our congressional leaders are aligning with or against the cryptocurrency and the blockchain tech. there is always a motive behind their words and actions.
the average comments here make me wildly fearful of the future. i would expect greater than fifty percent of people to be analytical and fact based on this sub at least. instead, it’s like 4%. wells are poisoned more and more quickly these days. i know. i’m naive or too hopeful.
nothing says “dummy” like being a harvard law professor and co-author of the most used bankruptcy casebook in america. i don’t agree with her on everything, but edgy teens are a little too ready to assume she’s a dunce.
yeah there is a lot of comments in here treating warren like she is just some out of touch boomer, but in reality she is probably one of the most intelligent and in-touch people in congress. maybe she does not understand everything about crypto, but she is one of the tops minds in the country when it comes to the intersection of law and economics, and i'd expect she would research extensively and propose sensible regulations.
my bags are ready for compliments and recognition!
i have no idea why this would be hard to understand. once wallstreet gets involved with crypto they are going to blow that bubble sky high (*cough* 2020) and push the risk onto everyone else.
bah, how dare you speak good sense during our anti-politician circlejerk!
right i though the whole point of crypto is to keep the government out lol
banks. money to banks that were scammed. when the pensions go down the bailouts come out. so irresponsible financial investors is what she means.
the thing is they have supposed experts feeding them the info... i some cases i'm guessing its special interest groups feeding her the info
thank you for some sanity. the people exploding with hate for ew have not understood that point, or much else.
are you really giving us nft screenshot beers instead of real ones?
if rich people lost money they would figure it out.
you're more correct than you may think. the mouths of bankers in their ears.
i wrote out a long, thoughtful response... i wish i had thought of yours instead.
someone genuinely said kill her, these comments are a mess
i cannot imagine how she is going to act when she finally confronts the bitcoin ceo
didn't read the article. ^
she has the karen look down pat.
i dont think you would bail out btc. you would bail out companies or people holding btc. 2009 crash they did not bail out mortgages, they bailed the companies trading them.
if it were about to royally fuck up the economy. it wont ever be bailed out because it will never be a major player in the economy.
she’s referencing financial institutions and businesses using the coins, no?
banks that are deemed too big to fail will invest in crypto. i guarantee it.
lol retail is literally getting liquidated playing crypto derivatives with excessive leverage and rest of thread is like hur dur lady is out of touch. she might be, but you'll be silly to not realize there are issues with the sector.
basically this. if it were just average folk nothing would be done if btc somehow crashed back down to ,000 or lower. the how does not matter. if you need one, pretend a bunch of whales tried to engineer a crash and recovery but did too well on the crash part. or repplace btc with all the hedgies falling for a shitcoin. now that hedge funds and the like are getting into it? with exchanges now having public stock that can have second degree ramifications? with wide spread adoption comes more casual users and hedge funds. with them comes regulations. the question is how fast they come.
term limits are needed badly. that’s the way we get stuck with these bought and paid for politicians. if they had to go live in the regular world and be an ordinary citizen again maybe they’d think twice about passing shit laws and regulations.
they are holding us back. the time of wisdom has passed. now that everyone can post their wisdom on the internet…
read the article, that has the answer to your wuestion
read the article. she’s talking about banks who invest in crypto. nobody in this thread is actually reading the article. stop being biased
especially from when the fbi took my wallet on sr
she is clearly being paid behind the scenes and she is an idiot.
rug pulls can be easily avoided. just make extensive research and you are ok/
imma guess it is age related. she is also all over the olympic coverage in california telling california's what to do. last i check, she is from massachusetts. she does not know her place, and she certainly does not know what she does not know. that does not stop her from opening her dumb mouth.
hahaha good one broskiii! 😎
the institutions that speculate on crypto in addition to other assets, if they are significantly over-leveraged.
this, but for industries as well. no subsidies or bailouts for big business, small business, banks, people, anything! if a company fails, let it die! if government wants to help people, just give everyone a small set amount of money, like basic income, but let entrepreneurs and the market work out the rest.
not really. the underpinnings of this comment made by warren come from the same issue we had during the 2008 crisis, untethered leverage is the financial markets…. and guess where we have ridiculous amounts of leverage today?…. you guessed it! the market she wants to regulate!
banks being the problem, *again*.
how about they just stop bailing out financial institutions every time they make risky bets...
at least someone read the article without jerking their knees through the roof first. kudos.
did you even take 2 minutes to read what she actually said?
fr. if you want to write legislation for something you better research it. sadly i feel like american politics is more identity and buzzwords than actual work
she’s a populist hag
she is talking about preventing needing to bail out something like lehman brothers or goldman sachs if they took out billion dollar loans to use on super risky leveraged crypto plays and it all went south, like the mortgage crisis.
if only there was additional textual information available that could address these pressing questions
i saw someone on this sub claiming to be a grandma and throwing a large amount of money into doge pump and dump. ngl, it pisses me off that people like elon musk take advantage of people like that even my friends i know invested in crypto generally dont know or care about the tech and see it as a lucrative investment (no difference between ethereum and cumrocket to them). i'm not saying it should be regulated like the stock market there needs to be a mechanism to punish bad faith actors like people manipulating reddit to put their shit coin on the front page every other day, or a lot of people will get burned. and harsher regulation will follow
yep… it’s about who holds it. people in this subreddit are emotionally biased zealots.
she’s talking about the banks that are now investing in crypto like they did with housing.
ok, i have a solution. how ‘bout we stop bailing out banks who make bad financial decisions? now the us taxpayer doesn’t get called on to “backstop another failing financial market.”
just because she is a harvard law professor doesnt make her the subject matter expert and unchallenged authority on every field under the sun. her comments about crypto are rather naive and that is what people are pointing out what the fuck is "shadowy super coders" in reference to btc developers supposed to even mean? it shows she is talking about things she knows very little about. btc devs are rather on the opposite spectrum, many of them are well known and all the development is done in public forums and open sourced for everyone to see. if anything is "shadowy" its the archaic financial system and the legislative process that e warren is a part of
maybe read the article and not just the misleading title of op's post?
satoshi will be the first trillionaire anyways. he aint need any bail outs
the real horseshoe theory is the further left you go people agree more and more with conservatives that warren fucking sucks
she sending out smoke signals to regulators to drop hammer on crypto.
washington redskins like cartman
she just wants those liquidity tokens for herself :)
yep. her, and then the coordinated effort from all of the moderate neo-libs to drop out at once and endorse biden right before super tuesday... fuck the dnc
if you read the article, she didnt say crypto markets might need a bailout. the title is straight propagandized garbage. heres what she actually said: u.s. sen. elizabeth warren (d.-mass.) said wednesday that an expanding cryptocurrency market could pose a threat to the u.s. financial system if a proper regulatory framework is not put into place. commenting on the crypto market, the senator compared the asset class to certain markets ahead of the 2008 financial crisis, saying she does not want "the u.s. taxpayer to get called on" to backstop another failing financial market.
she has a background in business. she did work with the consumer protection people. i guess we’re being taken advantage of or something here outside of ways they openly sanction.
honestly, most senators are below her level of expertise.
so she is a member of congress, check.
did you even read the article? she is specifically attempting to *prevent* needing to bail out major banks after they make insane leveraged plays with loans, like the 2008 housing crisis. it is like people have completely forgotten what happened already
shhhhh, that is against the reddit hive mind... they will hear you!
this sub is full of some of the dumbest people on reddit i swear. (not you)
no one in here is going to do that. far too many people in here just memeing.
you understand that the global elite is taking away your future and this time it is not a conspiracy theorie but reality?
it's wildly american. do people realize you can thisagree with her assessment without needing to call her an idiot whore who needs to die.
how dare you assume the gender of the people here?
how do you know people are “solely” using it to refer to elizabeth warren, do you read everyone single comment every one ever made?
funny you assume they’re all men.
how do you know it is men? why are you assuming the gender?
>amount of men i too assume everyone on the internet is male, as i am also ~~implicitly ignorant and lacking in self-awareness~~ extremely enlightened.
that is a new one, banks failed because of flawed gov rather than their failure at accurately calculating and managing risk.
shes talking about bailing out banks that invest in crypto. so next time it drops 80% jp morgan can put their hand out, hodl, and double down with free money.
i'm not saying elizabeth warren is right about crypto, but elizabeth warren was a libor expert way before 2008. actually, she predicted the credit crisis in the mid 1990s and pushed that changes needed to happen to prevent it, but everyone ignored her and said that could not happen. now elizabeth warren is not who she was back in the mid 2000s, but she is technically not the same as any other politician based on your definition of them above.
all politicians are not the same
from a less educated person on crypto, is this basically what its boiling down to? govt cant control every aspect like they do with the dollar and for that reason it is suspect, gimmicky and bad?
render up to caeser that which is caeser's. render up to bits that which is of bits.
investments are risky, you can lose all of the money you put into any investment. it is your decision to invest in something, which means you have to take on the full risk and consequences if you lose all of your money.
i dont know it looks fake rick
she literally just said a smart fn thing. she said basically: what if the banks get fucked by crypto? it makes sense, just the article title is awful and people are quick to respond without even checking the comments section.
i haven’t heard this position from inside my echo chamber. would you be willing to elaborate and?
it... sounds like she does not want other people to do stuff that'll require spending your money to fix when it fucks up.
american politicians love bailing out corporates, it’s almost like they are privatizing the profits and socializing the losses. the politicians will choose minimizing short time pain and increasing their odds for getting elected over the long game that has a true plan of reform to bring back capitalism at its finest. when people take bets and lose, they should lose. when they take bets and win, they should win. no big government needed for the day to day.
> democrats love bailing out corporations ah yes, only democrats...
the banking bailouts she is revering to were done by the republican senate, dem house and republican president. you remember when mccain(r) paused his campaign to fly to washington to lobby his friends to vote on the banking bailout. obama and his new dem senate and dem house, did bailout the big three automakers which the right wanted sold to foreign buyers. then there was this dude named trump(r) who bailed out the coal industry and soybean farmers after his trade war with china started to crush them. oh and they bailed out that carrier ac group at the start of his presidency saying he stopped them from moving to mexico and then they did anyways. and the airlines at teh start of covid, and every business with the paycheck protection program where you could get a loan you didnt have to pay back if you kept your employees.
shoulda listened to the bernard brothers
brace yourself... the generational wealth transfer will be a rocky ass season for america.
the fuck are you talking about? warrens almost entire political career has been focused on regulating banks and holding them accountable. probably moreso than literally any other politician in modern history
i don’t have a strong opinion about warren, but she has only been a senator for 8 years and is one of the most vocal critics of banking in the senate.
i’ve been thinking this since i watched the crypto hearing a week ago, only one person on that panel seemed to have a clue how crypto works. we need someone well spoken who really understands to educate some folk! edit: an unnecessary comma.
regulations are written in blood the majority of the time.
read the article. it's to stop banks from overleveraging with your money in the crypto market with risk bets and causing another global crash. banks and institutions should be regulated from acting recklessly in the crypto space.
so, when in 2007-2008 all the big firms were buying up toxic assets with high amounts of leverage and then required bailouts to keep the financial system afloat, that doesn’t sound similar to when all the financial institutions are clamoring to the sec for them to be allowed to buy a bunch of random crypto projects on leverage ratios that wouldn’t even be allowed for most stocks?
i have to agree with this guy. what she said is not really that bad or thay crazy. its like a fucking cult in hear. if anyone farms at crypto yall pile one that person. she mentions wanting regulation to prevent pump and dump. are you all telling me your fine with musk manipulating the shit out of the market all while getting richer? i dont think its thay far of a stretch to think crypto could cause a market crash? maybe you guys are not just thinking big enough about its potential?
jesus wouldn’t read the trash on seeking alpha
i understand that the majority of this sub cannot be bothered to even read the article before they form an opinion, but can you atleast read the other comments?
look up louie gohmert. have popcorn ready.
what you forgot about trump lol
bitcoin has done just fine without regulation since 2009. 2013 you could buy 1oz of gold or 34 bitcoins for ,700. today those bitcoins are worth over .3 million. that's an inflation hedge!
yeah, most harvard law professors are just morons compared to the geniuses in this sub.
sounds like the repeal of all the 90s legislation that occurred under bush had some negative consequences eh? warren is right about her ideas that we need to set limits on institutional trading of crypto. if they are allowed to trade on leverage and control the asset class, those same financial institutions are going to demand bailouts during the next crypto bear market.
jesus fuck, read the fucking article before you comment
this idiot is on the senate committee on banking, housing, and urban affairs.
someone who spent a considerable amount of time going after big banks. in november 2008, warren was tapped by senate majority leader harry reid to chair the congressional oversight panel, which was created to monitor the . warren headed investigations, conducted televised public hearings, led interviews of government officials and submitted monthly reports demanding accountability from banks. for her efforts, the boston globe named warren "bostonian of the year" in 2009. on september 17, 2010, president barack obama appointed elizabeth warren assistant to the president and special advisor to the secretary of the treasury on the consumer financial protection bureau. in her roles, she helped design the consumer financial protection bureau as part of the dodd-frank financial reform legislation. the main goal of the cfpb was to police credit lenders and prevent consumers from unwittingly signing up for risky loans. however, due largely to republican opposition, warren was not chosen to head the agency, and she stepped down from the post in august 2011.
yeah, man. i've heard that harvard is an absolutely shit school, and nobody would want to be taught by the professors there.
if you only knew what a nazi was :(
yeah. there is a fair amount of racism and misogyny in the 'do not tread on my unfettered speculation' crowd. who woulda guessed?
so faking a native american heritage is cool in your books. got it.
you should maybe read the article and you'll see you're being completely mislead. article says nothing of the headline on this thread.
she just loves to use the word bailout as that’s her solution to everything
i dont get the problem with this premise. if some bank throws a bunch of investment in bitcoin, leverages it a shit ton as they do, price drops like a house in 2009 and all of a sudden they remember they are ‘too far up everybody else’s ass to fail’ presto bango they’ll be asking for a us dollar bailout over crypto investments. and they will get it along with a sternly worded letter. oh you’ll just feel rotten reading that letter on your bed of money.
when you make this about party you forget the entire reason for the movement...crypto is a movement and it is not left vs right it is corrupt vs people it is top vs bottom... stop trying to separate us.
rather be a commie than a fascist if those are the only two options.
unfortunately there are way more people out there that do not know it is nonsense
don’t know why you’re getting downvoted she’s been pocahontas to me for 5 years ever since she got called out for lying about being native
elizabeth? nice pe team
this article title is pretty sensationalist compared to what she actually said in the interview. she actually promotes crypto pretty heavily in it.
i know i'm going to get downvoted, but i'm sure the coauthor of "secured transactions, a systems approach", has "a clue" about crypto. she literally taught commercial law, with a focus on finance and bankruptcy, at upenn and harvard. she may very well be incorrect, but reddit could use a dose of actual effort every now and then.
lmao what? the great depression 100% happened with a centralized and regulated currency.
how does one regulate a decentralized currency not controllable by any single entity?
no need for that.
are native americans more sensitive than you are? seems weird.
don't know why this is getting down voted. anyone who actually looked at the article would realize op is full of shit.
i cannot wait to be on the moon where i cannot see you.
fuck off with that shit
smartest economist in senate points out flaws of crypto. must be an idiot.
deathsantis is as evil as they come, man. you can do better.
read the fucking article goddamn
warren is the biggest enemy of the finance industry in the senate. all the comments on this post are maddening.
it would be a bailout for financial investors that lost their money.
what do you mean "when"? it's happening as we speak.
are you a billionaire? only rich fks get bailouts.
start your own bank and you'll get a bailout
i mean she is far from the worst of them. what we really need is term limits.
why should it be illegal for somebody to make a consensual transaction with another person?
a greater effort to educate the dumb-dumbs who fall for pump and dump scams could also work as an alternative to heavy regulations.
democrats promise 100 things, deliver 10 of those things and do an unrelated 25 on the side. then they go back to the constituents and claim victory and that they’ll get to the remaining 90 next term. republicans promise 50 things, deliver none, and then blame democrats. both parties are trash.
no one in this thread even read the article before they posted their dumb opinions, so it is not hard to see why
i do not think you know who elizabeth warren is. i doubt there has ever been a time in her life when she did not do her homework.
you’re doing it wrong! you get moons for good posts!
what on earth does that have to do with this article?
bro you reveal yourself to be an idiot with statements like this and make your own cause weaker as a result.
point of context, it is not free stuff, we're paying for it with taxes i just do not want my taxes to pay for bombs that kill kids, i'd rather they spend my money on healthcare to heal kids.
read the article she is talking about banks.
and what does have to do with crypto and her? you still butthurt about the election or something?
don’t know who or what this situation was but defending people doesn’t mean you like them or agree with them it just means you know they aren’t being treated fairly and that’s not okay.
yeah, it could be that a harvard law professor who is considered a top-of-the-field expert in more than one area of law is “so stupid. really stupid.” or, it could be the other thing. back to 4chan you go, anon.
tell me you’re a racist without telling me yo… oh wait you didn’t let me finish bro. edit: your comment history is a trip lol. i wish u, cuz i’m sure there’s at least one hidden in there somewhere.
correct on both points.
why couldn’t bitcoin, theoretically, need to be bailed out? i’m genuinely curious and would like to understand.
well fuck you, too. she actually gives a damn.
no need to be racist
read the actual article and you'll be un-infuriated. she is talking about the dangers of the greater financial system leveraging crypto and being vulnerable because of that, not crypto currency itself. sheesh
she has focused on *precisely* that actually. she did a lot of work to try and hold the banks accountable a decade ago. unfortunately, other politicians had an issue with this and she wasn’t permitted to continue.
she boot too big for she gotdamn feet
she is a senator. the whole state is her thistrict.
you read the article or the headline?
you realize that by going racist with this comment you prove that you have no moral reason to object to what she said and are clearly just taking a cheap shot at a political opponent?
it hit the front page and the rest of reddit is baffled at how many people are making the same dumb comment without reading the article or even other comments.
> redditor for 1 hour. hello elizabeth
put that chicken away missis.
dear idiot, there is nothing to correct. it's the whole point of crypto.
i think you would like a bailout.
with crypto being decentralized anyone investing in it invests at their own risk- does the govt offer bailouts to the millions who buy lotto tickets every week?? this is just her excuse to push regulation for crypto while trying to look like “it’s for the good of the people”. anyone investing in crypto knows what they’re getting themselves into. this is just another example of someone who supports big government trying to find another avenue to insert government and regulate- which leads to tax.
ok this took me a while... but i mean you could say the same thing about gambling. at least crypto has a purpose!
you're honestly the clueless cannot, she never mentioned bailing out the actual asset because it dropped, ever. in fact she specifically said she wants to make sure that taxpayers are never responsible for a bailout because of unregulated cryptocurrency. fucking christ read the article, it is literally like 100 words. apparently that is too hard for this entire subreddit
yeah i was wondering the same thing —- whether or not anyone has pulled her aside and tipped her to the basic tenets of crypto. if not, then what’s taking them so long to do so? i’m sure somebody over there knows… this is just sad and horrible to watch.
lol warren is far from being a leftist
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democrat crypto fans are the most ironic thing ever am i right
really dumb move on his part... these chinese miners will fuck you any chance they get. why not try to get american miners?
what do you bailout in this scenario who is the ceo of bitcoin inc.?
the same can be said regarding retail investors in the stock market. but most people are happy getting fucked out of money
yea, cos everything was perfect before and no crisis happened because of the idiots in the house of cards...
you think elizabeth warren doesn’t have concerns about the current banking system? what planet you been living on?
what about the fuck the government and empower the ppl aspect of it? thats more leaning blue right?
you know you can be right about some things and not about others, right?
maybe just keep to the conspiracy theories buddy.
ah yes, another republican making the classic mistake thinking everyone else operates like they do. he expects us to defend this person as if they can do no wrong for having a d next to their name, and if we admit they are not infallible then our whole house of cards falls apart. our whole reality breaks down like theirs does. sorry buddy, does not work like that for us. she is wrong about this. she is not wrong about vaccination. we employ critical thinking in our neck of the woods.
sounds like an amazing scam
someone who has no clear grasp of topic their talking about shouldn’t be saying this stuff publicly or as a representative of the us government and i actually agree with her on certain issues but she has no fucking clue what she’s talking about here
blocked by republicans, probably. does anyone on this subreddit actually know what warren wants? she’s not a fan of the banks and does *not* want there to be another bailout!
yeah, i'm expecting shit like that, also only approved wallets that take our taxes out
and the article is in bad paith, anti warren propaganda
the missing context that might not be clear is that warren was addressing treasury secretary yellen. as treasury secretary, yellen is also the chair of the fsoc (financial stability oversight council), which is the entity that was created in the wake of the 2008 bailouts so that market turmoil would not affect banks as much. warren is basically asking yellen to make sure that there is no 2008 repeat as cryptocurrency becomes a larger asset class in their holdings, and she does not think yellen is going far enough.
this seems to be her point. if the banks gamble on crypto and lose, the burger flipping tax payer is the one that bails them out otherwise our 401ks go bye bye
she means the banks that do not understand crypto but that are jumping in to it all over the place will need and get bailouts. the banks getting bailouts is what they always mean.
somehow they would figure out how to skim a majority of the bailout for themselves
thats the point. jp morgan buys btc. now we gotta regulate it so jp morgan doesnt go belly up. better solution, ban institutions from buying btc. this isnt an american company, its a world wide traded asset. they cant control the whole world.
they only care about themselves and their cronies.
but i need that bailout right now
come on, look at that face. who can say no to her?
probably banks that lost money in crypto.
will it be me?
realistically it will find it is way to the banks, via some fed backed cbdc
wait, could it be me!?
she’s playing her constituents to think crypto is part of wall street and big banks
banks will buy tons of crypto, other banks will pull the rug, banks go "oh no daddy gov pls help me you need me!"
the banks that start using it wi get bail outs.
right? bank of america i'm sure
first send me your moons, then i'll fund
send me your seed and i'll watch your wallet for you.
fuck that we're coming back up there to help you fren
*shadowy super-coders assemble!* looks like a name of a union of 80s heroes
ok ok fine i’m up i’m up
*we're gonna have a problem here*
sometimes i hope that this has all been a long con by satoshi. that s wants all the huge corps to buy into btc and then he will open thousands of wallets with millions upon millions of btc and just screw them all.
just like last time!
we need to get rid of these senile dinosaurs already.
she has specifically mentioned stablecoins before and cited the risks. that is, at least in part, exactly what she meant. i'm not a fan of hers, but she knows more than the crypto circle jerk crowd (ie. the guy who posted this) give her credit for. to say "she has no idea what she is talking about" is just not true. we can argue about the likelihood of this happening, but the possibility is not 0 so she is accurate.
she would actually send 1 btc and expect 10 back lol
totally looking out for the average investor then lol
that’s a double slap to the face
didn’t know the messiah was in on btc. he definitely doesn’t need a bailout considering his parents.
yup, and the 100x leverage traders are amateurs instead of massive institutions.
banks: lol we caused a global recession also banks: i am the victim here
yeah, fuck her for wanting to prevent such bailouts in the future!
when people say crypto is volatile, i point out that if you base coins vs btc, all that volatility goes away and you get a very stable market that still moves. it would be like someone in brazil complaining about the volatility of the us stock market because the exchange rate between the currencies moves as well as the market. when we figure out what usd btc is really worth, all the other coins will stabilize against the usd as well. so the point being, the market's do not even swing that much if you see crypto as it is own ecosystem . inside that ecosystem, things still cost about the same btc. to run a contract still cost the same eth. we are just measuring the value not in native crypto currencies, but we are measuring it based on an external currency.
someone...read the article? insane
it’s all talk until legislation that is actually agreed upon and passed. the banks and corporations that have been bailed out over and over and over again still have not seen any consequences. we are all crying about inflation and the federal reserve yet the banks and corporate bailout didn’t benefit anyone but the banks and corporations while us peons foot the bill.
these people would rather just huff and puff at the word warren than actually engage their critical thinking skills.
but the title?! reeeeee
yeah but op's title confirms my biases! rabble rabble rabble
people working in traditional finance have also argued for years that warren doesn’t know what the fuck she’s talking about, but *of course* they would cause it’s in their interests. now when it comes to crypto suddenly former warren supporters are having this revelation that “she’s changed”. no, she’s still the same. what’s changed is that it’s now in yall interest to be against her statements. people are the same everywhere. which is okay, but have some self awareness. and of course having that self-interest being attacked motivates people to investigate the nuance in situations and realize that the blanket buzz-word statements put out by politicians are almost always full of shit.
yea this thread shows a lot about this community tbh, and it is not flattering
it’s crazy the amount of bribery that happens through fucking book deals for both parties. for anyone wondering: 1. politician gets elected, does some crap yada yada 2. time passes 3. politician writes a book 4. political action committees buy up her book and give it away at “donor” dinners and any other party affiliated political event.
that’s why the headline is misleading!! she’s not attacking crypto she’s attacking banks
they did require a bailout. interbank overnight lending froze up because no one could trust anyone’s balance sheet wasn’t toxic because synthetic investments. without interbank overnight lending banks can’t clear large transactions and commercial banking ceases to function. that, along with being the vehicle for monetary policy via currency creation through fractional reserve banking, is the primary function of the banking industry (ie allow business to transact and create money supply). banks screwed up their balance sheets so bad they could no longer do their primary jobs. now, after bailout should we have closed banks down who required bailouts? yes, but instead we allowed them to transfer their toxic assets off balance sheets and merge and recapitalize without penalty. that was bad. moral hazard. the financial reforms that came imposed stress tests and anti-bailout measures which enable the fed and treasury to wind down systematically big banks in the future if they fail or require bailouts. so far those measures are untested. if a large commercial bank fails in the future it will remain to be seen if we have the courage to let it fail, wind it down, and sell off its good assets.
used to really like her overall message, but i have been thiscovering she is a fake progressive.
one day it cannot be ignored anymore as more people become aware of the macroeconomics and how fucked we have been.
really really good find, and good exerpt. i've been curious to understand where she is coming from, this helps a lot.
> warren pointed out that pump-and-dump schemes that are clearly illegal for stocks often go unpunished for tokens because oversight of the industry is unclear she is right, that is the first thing i learned about crypto
for anyone interested here's the actual interview the op 'article' is summarizing it's 12 minutes and cryptocurrency is the first topic
thanks for this! that's why i like browsing the comments.
true, but all coins were shitcoins when they first started. good ideas in crypto should be allowed to exist. the problem is that too many people present their pitch, but then do something completely different behind closed doors because they know there is no authority holding them accountable. you cannot expect your average investor, after being given a genuinely good idea, to be able to parse source code and catch the contradictions.
she is a democrat, and this sub is one of the most heavily skewed libertarian subs on reddit, outside of the literal libertarian subs. it's completely partisan. also i'm pretty sure any half-decent social media manager _knows_ that, and will happily ferment more outrage on behalf of anyone who wants to pay for it.
nobody even read the article or understands what she is even trying to do, it is honestly fucking embarassing
the first comment i’ve seen under this post that holds nuance. thank you.
you absolutely know that there will be people who put their retirement funds into crypto and then need support when it evaporates
also that, while she and everyone else in congress may be ignorant about crypto, warren has taught commercial and antitrust law at penn and harvard i think. she is spent a lot of time thinking about big markets, so she knows something
one one hand you have the maxis praising the fact that "institutions" and el salvador are "legitimizing" crypto, but do not understand the fundamentals of what happens when these players get involved. like most of the comments i received in this post it would indicate that they have no idea. i bet they are all btc maxis too.
due to crypto markets. that's like someone saying the leveraged mortgage market will need bailouts not the banks. well who has money in the leveraged mortgage markets ?
she does not even say crypto bail out “the bigger it gets and the more it stays outside the financial system -- something goes wrong, there’s a run on crypto or elsewhere in the economy, i don’t want the u.s. taxpayer to be the one that gets called on to back this up.” she just says bail something out. no one talks about the 2009 mortgage bail out. trading of high risk mortgages is what lead to the banks being bailed out
exactly. i really don’t understand why the reddit mob doesn’t realize this. bailouts ain’t for you, they’re for corporations like microstrategy, or financial institutions that decide to hold a bunch of crypto
yeah i could not see the article but i'm imagining the gist of her point was there should be some regulation to prevent any of the too big to fail banks over-investing in crypto, losing all their (customers') money, asking uncle sam for a bailout, and then getting one...because their too big to fail.
[found a leaked photo as evidence](
yes, but you're coming between redditors and their "left leaning woman politician bad" narrative so good luck spreading that message. most people are just interested in reading the headline and declaring themselves to be smarter than her.
and if they do fail they will get backed up and bailed out, while we eat dirt instead of food.
just a thought….they can create new tax laws if they want to take any size piece of the pie. in the event the asset is sold or used to make a purchase all they need to do is tax it at a higher rate. one thing for sure is they do not want anybody to be released from their chains of financial authority.
everyone in crypto knows brian moran
but crypto is the problem? not the institutions?
“i was more animal than man!”
substantially below. people commenting here forgetting she is a bankruptcy lawyer by training with substantial expertise in financial markets and improving their regulations. there's a reason the big banks hate her - they cannot pull a fast one on her because she knows how shit works. like, warren knows more about economics than 99% of this sub, and even if her crypto-specofic knowledge is limited, she knows how large institutions can manipulate it.
yes i do, i've also read her research papers and she talks about that too. as scholar and politician she has focused on limiting the powers of banks and big businesses.
what about when a fannie mae gets trusted to invest a sector’s retirement accounts and decides without asking each individual to invest said retirement monies into toxic debt on super high leveraged bets? pretend for a moment a mortgage crisis happens during that time and a bunch of average folk who didn’t even realize this situation could happen because bush had his cronies repeal legislation in 2004 that protected said investors from this type of stupidity. could that cause a bailout? are there a lot of unregulated toxic assets in the crypto space? ok….suddenly it sounds like they lady wanting to reign in the banking system knows a tiny bit about what she is talking about.
it's not a binary choice of risky vs not risky. you can put into numbers how risky an investment is. and then you can regulate how much overall risk an institution that the country depends on is allowed to take. this is what regulation means
lol meanwhile the republicans give corporations more welfare than they do their own citizens
yep, this is just a phenomenally inept comment that just proves the author has absolutely zero knowledge of the person. there’s *maybe* 2 people in u.s. politics in the last 30 years that have been harder on the banks than warren? maybe? probably only one.
and i think she is right here. i do not read it as her advocating for massive crypto regulations, but for regulations on how banks and investment firms can leverage them. you know as well as i do that if the big firms loose big time in a crash they are going to come crying for bailouts just like they did when real estate crashed.
speaking of institutions, it is still possible for major exchanges to go belly up mt. gox style. when there is a rally or a dip major exchanges may limit the amount of coins or tokens we can move off the exchange or sell arbitrarily. there's nothing to stop coinbase, kraken, or binance from selling customers more btc (or any other asset) than they actually hold. exchanges themselves can destabilize the market.
if said firm is buying some “random crypto” they are committing financial crimes, as they were in 2007 - 2008. they should have been sent to jail, not bailed out and let fail. that’s supposed to be the beauty of capitalism. something else will take it over.
as an asset sure. but bitcoin isn’t supposed to be an asset. it’s supposed to be a currency. the whole point here is to be a currency. how has bitcoin done asa currency? basically you’d have to be stupid to pay an obligation or sell a good with bitcoin because of the volatility. which is why you can’t buy much of anything with bitcoin and no one takes it in payment for goods or services. as currency… so far almost totally failure.
yeah harvard law professors who lie about being a minority to get in are incredibly smart.
lol, usa is truly fucked, then
yet here we are on the precipice of another financial collapse. nothing has been done but a slap on the wrist and things will collapse bigger than ever. putting up bs committees to can kick a major issue down the road does not make one a great politician. she whined and got her committees which levy miniscule fines against profits of billions. the problem is staring at us right in the face, it is just a matter of time until the mother of all economic collapse. her "protections" did nothing.
and yet the big banks are still around stronger than ever.
i think it is more that it is so ad hominem that if you're saying that instead of actually providing reasons why her points are wrong, there probably are not good arguments against them.
three steps. one, corporations store value in crypto at scale. two, lack of regulation destabilizes the crypto market. three, gov’t bail out of corporations. the difference between what i described and what you are saying is a meaningless, semantic difference.
i know nothing about economics…but how about making fdic insurance contingent on having less-than-some-threshold for leverage on cryptocurrency? you don’t regulate bitcoin, you regulate the companies that are too big to fail from getting overleveraged on cryptocurrency?
maybe through offset measures in other areas? if crypto crashed and brought down an economy, i could see regulators throwing cash back in to said economy... where, how, and if, who knows?
and yet she still felt the need to lie about it.
“for the children “ of course 🤮
because the intent was malicious and deceiving on purpose.
i mean from the article it says, “commenting on the crypto market, the senator compared the asset class to certain markets ahead of the 2008 financial crisis, saying she does not want "the u.s. taxpayer to get called on" to backstop another failing financial market.”
no, it is because the titles sensationalist bullshit and not what she was actually saying. she is talking about institutions over leveraging in crypto and the whole market tanking because of it. you're just an idiot who cannot take 2 seconds to actually read into it. she actually goes on to promote crypto for people who cannot reliably use banks.
it’s certainly a situation where she got what she deserved. how can you say faking your heritage for political power doesn’t deserve the insults flung at her?
because it does not make sense. there is no reason to bail it out. by it is very nature the value is flexible.
it seems the only thing she gives a damn about is her supporters in the financial sector.
lol she is a socialist shill to get young people who don’t know any better to vote democrat through government handouts. foh
england is her city.
‘warren is an idiot’? it’s a pretty common opinion regardless of what any article says.
she is a typical neoliberal
american, chinese... doesn't matter. same process, same result
i made an assumption based on her apparent complete lack of understanding of crypto, and figured she probably overlooked the banking situation for similar lack of understanding of the financial situation, or for her own reasons. also, i'm canadian and really do not know who your senators are for the most part.
i imagine that would be a built in "feature" to cbdcs.
oh that makes a lot of sense, thank you!
shit, at least you know when you’re fucked, lol
are you too big to fail?
there is no bailing us out of the shit. fuck!
coming from a non-usaian, is not the common folk version of a bailout, the social welfare cheque? genuinely curious cause both allows the recipient to take risks (entrepreneur and corporate) for potentially greater gains.
the burger flipping tax payer probably does not have a 401k
yeah, considering how much banks love bailouts i’d think they’d like this?
right so she is saying those banks should not be allowed to make those risks, just like they are no longer allowed to make insane risks on housing. because at the end of the day it is not the banks that suffer
>they cant control the whole world. heh... that is not how they see it.
let them buy it, then screw themselves over. own your own keys and protect yourself
call j g wentworth! 877-cash-now!
i need 50 moons to unlock my wallet, can you send them first? then i'll send what ever you want.
that's what she said
ok, i'll take a bailout for the difference in the meantime though.
i knew it was you!
how would you even regulate any coin though? stocks are regulated because they are american companies traded on american exchanges. crypto is world wide.
yep. she was a law professor specializing in financial (bankruptcy) law for like 30 years. she almost certainly knows more than 95% of the idiots on this sub about how the financial system works lol
no, it would be more like you send 1 btc first and never hear from her again.
no, they burn your house down and then build one with a bathroom for the government. you think you get anything back from the bailout? or put this way. the government could have given bailout money to homeowners to pay their mortgages to keep their houses (money that would then flow to the banks) keeping everyone solvent. instead the banks foreclosed those homes and got bailed out for the loses.
also banks: give us bailout money. we promise we'll be more responsible this time.
>it would be like someone in brazil complaining about the volatility of the us stock market because the exchange rate between the currencies moves as well as the market. brazil has an economy where people actually price things in reals regardless of what the current real-usd exchange rate is. this gives it independent purchasing power. its not just a proxy for another currency. no one prices things in crypto regardless of what the fiat value is. anywhere you ever see crypto prices its always automatically updated to be whatever the local fiat is because to do otherwise would be to invite getting wrecked by arb bots every time the value surged. no one cares what crypto is worth except for how much fiat someone will give you for it, it has no independent purchasing power. if you'd accept the same number of bitcoin today for a tesla as you would 3 months ago you're an idiot.
is anyone actually setting prices based on crypto that is not pegged to usd?
i am shocked at how many people did not even grasp the basic points of what the article said, or realize that the headline is wildly inaccurate to the point of being completely false. people think she is talking about bailing out the individual coins? that does not even make any fucking sense
i even got the right idea from the title… some people just want to be mad
you forgot step 2.5 : politician gets million dollar advance from book company before the book is even done.
at this point, think tanks, lobbyists and dark money donors are ghost writing the books. politicians just put their name and faces on them.
and that is when they actually try to "hide" the money. pacs can write checks to anyone they please
fuck all those greedy politicians, banks, rich boomers. i fucking hate them all.
pro-tip. the op of anything posted on this sub about politicians will never have the actual take away, especially if it is about warren. warren has hated centralized finance since before most people in this sub hit puberty.
this is exactly correct. just wait until a "too big to fail" firm is on the verge of failing because they overexposed themselves to crypto. i feel obliged to point out, as i did in another comment above, that i'm not arguing for or against what warren is saying. but most of the thiscourse in this thread is just naive or willfully ignorant.
the reddit mob does not even understand what those corporations are or how they function. it's why every other post on here is a getting-rich-quick dream. satoshi's vision is _long_ drowned out.
just imagine how much research the avarage reddit investor does before buying. 🤷‍♂️ and now imagine what would happen if some major exchange runs out of liquidity. oh?
exactly, but clearly the financial literacy (honestly even basic literacy) on this subreddit is literally zero
this… is a major component of it and exactly right. there are just a lot of angry crypto neckbeards in this thread.
oh the institutions are the problem for sure. regulation is often designed to control the actions of institutions, not the asset.
does not sound to 'great' to me
thank you for actually reading the article and thinking. loving all the comments about how dumb warren is when they don’t even understand the points made. knee-jerk.
oh right. the beauty of the “free markets” has done wonders for internet speeds in the us right? right? completely free markets don’t self correct, they make money for the most unscrupulous. we have to regulate these banks to protect the people and i am perfectly fine with warren regulating the banking industry. at the same time, her regulating. and it will also help move crypto towards mainstream adoption.
and what is the defining point between “random crypto” and “not random crypto.” the wild fluctuations in crypto with 0 oversight benefits the manipulator and not the “investor”
no one did any jail time. several slaps upon the wrist were given, main street paid for it, and crypto was fucking created as a direct response to the failure she represents
should lying be illegal?
what we're saying is that it is irrelevant to this conversation.
lol that’s not really an answer though. or if it is an answer, it makes bitcoin sound useless - or at least useless as a currency.
nope. "what are they gonna bail out all crypto users!!!??" "pfft how do these people even get elected. how do you bail out a market!!!???" aka, the majority of people in this sub.
feel like her understanding of crypto is probably about as good as people on here (that is: not much, mostly this forums seems to be people hoping to get rich or somehow overthrow big banks by owning some shitcoins) shes concerned that crypto markets are so volatile and unpredictable that large banks and funds will speculate on them and the derivatives of them and it will eventually collapse and they will need bailouts. seems like a perfectly rational fear to me.
gotta know when to shit, know when to fuck
bend over and say, "ahhhhhhh".
a bailout is when a large corporation engages in risky gambling behaviors, loses money, and the taxpayer subsidizes the losses. whenever this gambling results in gains for the corporations, they of course keep the winnings.
that is an interesting view on it, but not really how it works. absolutely no one starting a small business here would think about public housing and welfare checks as a bailout in case their new venture fails. you would have to literally lose everything in order to qualify for that. even owning a five year old car would thisqualify you. if you are married, forget about it. that is why the majority of the children in our inner cities are from single mother households. you basically cannot have a husband in the house and still qualify. so yeah, we have a social safety net but it is designed to keep you alive and not starving or sleeping on the sidewalk. that is vastly different than the bailouts of megabanks and investment banks where they get to keep the profits from their good investments while the taxpayers pay the losses on their bad investments. and either way, the executives get their bonuses. they risk nothing of their personal assets and do not need to lose their homes to get that bailout. whereas the little people would have to lose everything in order to get the bailout of our social safety net.
that’s part of the cruelty, i said my 401k is at risk, the burger flipper will be paying for my benefit too!!
yeah they do, more bonusses for top management. because why not.
they are now again thanks to drumph
"for the bank's protection"
they sure as shit are gonna try bud. you can bet your 10000x gains on that
they can control americans buying it. how they buy it, and how it is sold to them. but not crypto as a whole.
jg went worth would go wild if they gave people lump sums of crypto for cash now
sending "thoughts and prayers" to your wallet address.
they could just force us exchanges to delist non-compliant coins. it would not stop transactions but it will massively slow down inflows of capital.
you cannot but you can regulate the established banks (in the us) that are starting to buy crypto assets. which would be a good thing or a bad thing depending on how you view the crypto market. if they attempt to regulate the exchanges, then they will just move overseas and most serious investors will just move their money along with it.
please sir. i am a united states senator. i need 1 btc for tax purposes and will bail you out with 10 more from then us bailout package.
welcome to the new age of thisinformation. it works because people are lazy and stupid.
albert pike stole an entire book and claimed it as his own. this is nothing new. ever heard of the aeneid ?
i feel like there are very relevant and worthwhile thiscussions that can be had for and against regulation. however, the majority of comments are “that stupid bitch.” if these posters are children, their parents should teach them better. if these posters are adults, they should be ashamed of their willful intellectual deficiencies.
great as in “giant black hole of finance”, but no it wasn’t great to live through. my grandmother nearly starved, and they owned lots of land.
seriously, fuck you ms. elizabeth
open your vault buddy. you might make a few bucks with current moon prices
control to the moon
totally ! sending him my 0 moons
and help prevent a massively volatile market from being a central pillar of banking. something most people here don’t want anyway! but
i find it highly curious just how often warren pops up on this sub, and how often the comment turns into an outrage circlejerk. i think it is being encouraged.
don't be rude, that is a politician in her natural habitat, we should know better, put the hatred by voting in someone else as a vengeance
now you have 1 to spare
meet the new boss, same as the old boss
deep down she deserves a downvote 😤😡
she is especially uninformed
she is one of the better ones, but she is also human. there are far more loathsome, detestable creatures in congress, and plenty more who might get her job.
ever watch the senate banking committee hearing on crypto currency where warren was present? everyone else on the panel democrat or republican acted respectable. warren however was not and was an extremely rude bitch ranting about off topic subject maters. after watching that and her demeanor i lost any shred of respect i once had for her. she is the epidemy of outrage culture.
haha, nice. you got her good.
gonna be stuck in my head for hours now
britain and america just sneezed
same as it ever was
and her complete unwillingness to still make sense deserves the hate she getting
time to really fomo now
1 month from now: "don't be depressed. crypto is a rollercoaster. hodl!!!"
finally bailed out by btc for aping in at 64k!!!! never sold 1 satoshi and it hurt like a bitch for a long time.
looks like decreasing my alts positions into btc last week was good timing, wonder if there will be some sort of pullback around 70k, i imagine many people placed some sell orders at 69k
price thiscovery zone! hold onto your hats!
if btc hits 'll eat my own dick on national tv.
woah, that final push to !! congrats to everyone who hodled during the last few months
had a friend dumb enough to buy it on a loan. he bought at 55k dip from the last ath. i told him if you're going to do something so stupid (buying it on a loan, someone elses money) at least wait until it dips a bit more. you know, 40-45k. he didnt wait. then it dipped to 30k and he was adamant in holding it. naturally when it comes back up, for some reason, he is now starting to feel like investing on a loan was stupid so he sells at breakeven. for some reason, i am fully expecting he will fomo in at 80k and then get pissed when it falls back down to 55k. tldr: do not invest on loans for any reasons guys.
i did it, mom! i watched the green dildo that did it!
not only btc, but also the entire cryptomarket is right now at 2.59t, which i believe is an ath.
this subreddit is like a weird cult.
man really signs off in his own posts
i hodld but the real legends are the people who hodld after the 2018 crash, or even earlier than that
i’m glad i sent my btc to that african prince to look after back in may otherwise i would’ve crumbled and sold during the dip. i’m gonna be rich !!
this is my time. im going to buy at ath and sell at the biggest loss i can
so 100k at the end of 2021 is real?
let’s fucking go! ![gif](giphy1tyxlexjmylxqpdmc2)
fucking crazy green dildo! obliterated that ath resistance
hold, sell off a chunk uhhh right about now, keep the cash in the account, buy when it dips. rinse and repeat. i’m over 2 whole fucking bitcoin rn and started with . obviously i’ve used more cash to buy straight up as well. i bought so much when it dipped below 4k before it exploded. still can’t believe it was ever that cheap so recently and i would have bought more if i wasn’t broke af then. cheers guys. btc is going well north of 100k and way faster than my conservative forecast.
,420 is where the fun begins
my £40 in btc is now worth £50!
now i'm waiting for eth's turn
i bought in at 57k back in spring so it was about time.
when i'm deep balls into alts and i'm seeing this kinda post😭
congratulations on having the first “btc broke all time high” post. you’ve progressed to the next round. all other players have been eliminated. *weird squid game song*
what a time to farm moons
yes officer, heres another shitty moon farm thread
did i miss something? which difficult months?
is that time again folks. time to buy high
still hodling since 2013.
to all the bears! eat my ass
100% of holders in profit gg
just remember not to fomo in and to take some profits if things get crazy.
the fact that all hodlers are in green is just insane! im happy for all!
when i'm been balls in alts seeing this post😭
i bought at the peak last time. watch me do it again baby
buy high, sell low. lets go
i had bought it in june. it was my first time investing in crypto. best decision i have ever made.
me hodling since the last bull market: "fuck i'm too lazy to pay all the taxes this year, i'll do it on the next halving"
i've been holding since 2017 and i've been adding more to my bag every drop but yesterday i decided to buy at 63,000. you're all welcome, we'll hold the line for a while.
to hodl is nice. taking profits is even nicer. living and being able to provide for your family? priceless.
i was here for history!
how could you have heard about yesterday's etf and not have known this was going to happen shortly after?
i’d like to thank my friends and family who have supported me on this journey!
hodling eth and ltc since 2016. let's go!
i bought eth at 3450… went to 4300 then crashed to 1700. i had no choice but to hold.
to everyone who did not pussy out and kept buying each dip, do not matter if it is 10 bucks here and there, your looking like financial geniuses
100k, here we come!
i just pulled out my initial investment thanks to it hitting ath!!!! feels so good man. long time coming after making a lot of mistakes.
i said today we are doing it yeyy
it's harder to hodl at ath than it is when you're in the red.
people holded? i thought it was buying season 😅
people who haven’t gotten into crypto yet: oh bitcoin is worth the most it’s ever been? hmmm maybe i should buy now…
and now to flex on all the idiots that were certain the bull run was over and we had to prepare for the 80% bear market correction. suck a fart.
well my 50 bucks a week might be good for something.
... been holding since 2017, i'm just here for the ride in the 21 million club.
damm... i am legend!
woooo!! buy btc and hodl!
>i love you all r
it's not real until you sell so no point in being excited unless you're going to paper hand
this is what this sub needs. ath posts for days...
seems were on a good roll here, let keep on rolling.
wooo hooo! exciting times!
the king is back at the top of the mountain!!!
thank you! truth be told i just forgot i even had it lol!!!!
how were they difficult, lol. you people need to spend less time looking at charts.
may be an idiot for never selling but now i am smart!
our time has come fellow degens. its time to put all our savings in btc at ath
see mom, i'm a legend 😀
f for the ones with 0 btc that look at those graphs
the 50. ladies please, one at a time
so damn proud of all the btc hodlers! drinks on me🥂
as everyone will currently be in profit, polite reminder to everyone to take some profits before the whales do. sell the tip, buy the dip. selling some of your crypto for stablecoins to reinvest later does not make you anti crypto or bearish... it is just the smart thing to do to acknowledge the fact the market fluctuates.
*crashes back to 30k*
we didn’t make history lol bitcoin always goes up. you can spot the newbies because they all have tunnel vision on max 3 month charts
congratulation to all bitcoin owners. i am a bitcoin hodler looking for passive income. my research led me to a licensed lending platform called hodlnaut because of their higher interest rate, no lock in period, free withdrawal and loss insurance. can i have some advice here?
i'm always sure i'll sell at the next ath. then, like i have done since 2016, i do not. i'm not sure if i'm smart or dumb everytime this cycle happens.
difficult months... sit down kids, i want to tell you a story about 2018 that will scare the shit out of you!
months??? how about years!
now the plebs fomo into btc, while the legend traders referenced here take a portion of gains and go down to quality alts.
idk. i'm gonna wait till 100k before i start buying in. then think about how much money i'll make!
tell me you do not have a long term outlook without telling me you do not have a long term outlook. *god bless people having at least half a year of conviction in their investment strategies.* i'll take the praise thank you but all i did was invest in something and not bail like 3 months in.
i'm nervous how to know when it all drops :( would be nice to be one of the winners for once :p
to all the bitcoin holders :. you deserve this 👏 congrats
i love you too
lots are not investing legends but bitcoin believers.
i was watching mine when my aunt bought it. she was so excited about it. the video did not help.
im finally even on my investment from back in 2018 lol. some seriously shit moves but gosh darnit im back.
i had to sell because i literally could not afford food and rent. good on all of you who stayed strong, tho.
anyone else keen as fuck to buy some of that sweet sweet bitcoin at ,420??
all those people who bought at 60k last time and panic sold at 30k, rip 😅
apparently my . swag.
anyone who sold during the fud and the chinese ban does not deserve profits. when btc price crash you should panic buy not sold
i did not sell my free btc from coinbase. i'm doing my part!
the people that sold at 30k and are re-entering at 65k need a hug , reach out to your fellow bear and remind them how wrong they were ahhahah
it's not hard to hodl. just unsub from every crypto sub and sell when it hits the front page.
i'm going to buy ,420.69. we should all do this
bought 2 btc at 7k super happy rn👍🏼
drop an f in the chat for the doge hodlers.
its not that hard to hodl
salute to those who held since the run up of 2017 or before. you're the real mvp!!
nobody cared who i was before i hodl'd the bitcoin.
so, if this is the start of this bull run we are at the bottom, right? time to buy 😎
difficult months? bloody kids.
i've been holding since 2013. i didnt even notice the dip
just pissed i couldn’t buy more during the dips.
no pain no gain, though i just kept it my wallet and never looked at it coz its its enterprise grade, its safe.
dca - this is the way! was scared shitless loading the dip at - hollllllllllly shit!
i put in a couple dollars last week, guess who’s up 5 bucks :)
the lowest i have seen is at . have been buying and selling since then.
real holders is here?
welcome to inflation with houses, cars, and stocks also hitting all time highs
time to take some peofit??
btc please dump more...:) i want to buy cheaper :)
wtf wants to sell at a loss?? easy to hodl, the true champs are the ones that keep buying up down left and right.
firm the bargaining chip in hand, i am full of confidence in it
must try cspr! lezzzzgooo
couldn’t it just crash right back down tomorrow though? or is the general thinking that this bull run will continue hard?
feels good to witness history
the trick with btc is to buy and then hold. one has to think in years.
very exciting, looks like eth might crack 4000 as well.
fuck you bears. and fuck cacner. you both go in the same basket
months? yearsssss hahaha. i do not use fiat, neither should you. fiat is for the society
and now we all just wait for the next big dip. good luck my fellow hodlers!
quite happy i bought as much as possible when it dipped to 30k
i bought, i hodld, i bought the summer lull. now my balls are heavy, forbes in my dms already, moms spaghetti.
wonder how many people had a topic one mouseclick away and ready to go lol
yew! watching the charts, could not sleep. btc hit an ath here in aud earlier today but have been delaying sleep to watch it set a new bar in usd too. so stoked to see it happen!
not eating ramen tonight!!!
fucking mad thing to wake up to. let's go
fk yes! lets gooo! what an exciting time to be alive !
where can i find good fomo memes? i need a laugh
been holding since it was
minnow checking in here: so should i sell now and take my ?
difficult months? y’all gotta be rookies.
why are people still "hodl'n" btc. like holding btc to me is like holding cash in a bank that is also earning interest. i do not get these stmts like this. this is not some random alt.
difficult months? only paper hands think so, a drop of 50% from ath is very mild. hardly noticed it
been a rough long ride finally my 0.0004 btc is in profits 🤣
so happy i started investing in it! not that i’m making any big moves yet but it will turn out to be such a good decision that i got involved with crypto
starting watching news on tv now!!
one small step for humanity, one giant leap for investors and the crypto world!
lfg! bought the day elon. feels great to finally see green!
everyone that joins after this point is not "early" you will be classified as "on time"
i am finally in the green! and i am not yet selling.
next months are about to be crazy! fasten your seatbelts ladies and gents!!
the dam is broken. price thiscovery time guys!
well done everyone! 100k next
time for those uppers?
history in front of my eyes. but guys this is not the end. lfg for 100k!
great for you guys, stay strong. don't get fucked and left holding the bag.
congratulations diamond hands. celebrate the day.
hell yeah! i was here!
well done everyone! very excited to see what the market will do over the next few months. better get ready!
eisai trella gamw ti poutana mou !! pame dynata!!!
a round of applause
i love yallllll omfg ecstatic
wtf bois i cant even imagine where this rocket will land us, exciting times, very exciting
being a part of the community in bull runs is such a rollercoaster but i wouldn't trade this for anything, you guys are great
i love this game !! ♥️ read for more to come……
i'm just commenting to say i watched it happen. i love it!
we making history am glad i held on strong
hold on tight everyone, let’s see where this goes!
you get a lambo, you get a lambo. everyone gets a lambooooooo!
its just numbers on a screen, why so emotional?
first they ignore you then they laugh at you then they fight you then you win
such a beautiful sight to see this morning….btc over 66k and eth is over 4k….now let’s see xmr...doge…shib all take off too !!
now let’s get ready for the alts!!! 🤤
the king has risen!! oh boy oh boy🚀🚀
shoutout to everyone who is witnessing btc ath for the first time like me!
a milestone for the industry, we're glad to be a part of the new financial revolution that is playing out right in front of our eyes 👀 congratulations to each and every hodler!
two days ago i bought more btc and eth. cheers to buying at the lowest point i'll ever be able to buy at again!
these months? most people in this sub have been hodling strong since 2009.
lol we didn’t do anything, holding isn’t hard
lmao imagine unironically thinking money is real, especially crypto. stop killing the planet you pretentious fucks.
congrats to all hodlers. drink a beer, smoke a blunt, fuck a hooker, do whatever you like.
🚀🚀🚀🚀 1 minute the chart says 64300 next it’s at 66k oh buddy
shouldn't that be: to all people that **hedl** during these difficult months?
this is just sad. btc didn’t go up the dollar went down. you’re all dancing ok your own corpses.
congrats yall degens that could hodl a quick 50% damp and kept hodling !!
i love all of you guys!
mmmm. big green long boi
everybody stay calm. oh my god, it’s happening. everybody. stay. calm!!!!1!!!11!
there should be jump in other crypto currencies, especially the ones that haven’t been reached their potential and have much more room to grow. like litecoin . i hope :)
holy shit this is amazing!
nothing can stop this beautiful bitc
❤ you all! let us get even higher because crypto is the future!
perfect! it's going to go up a lot now! 100k incoming
it's a btc kinda day
here for history on this fine wednesday. couldn’t ask for a better bunch of degenerates to celebrate this with! ![gif](giphyl0myt5jpr6qx5pnqmdownsized)
congratulations btc. incredible. officially in the profit with all my btc imvestments. 63.8k was last (and first) hurdle.
i've been hodling and buying dips and dcaing for 3 years
i was not in when dipped , i entered when dipped and i will old forever!
together we made it. we made even though we had our backs up against the wall
my cue to sell high. thx reddit 🍻
i got into btc this year. i bought at 58k and panic sold it at 52k, bought it back at 33k i cant thank myself enough for that decision. bitcoin is the king
up up up we go
sheeeeesh! i hope it’s like this every late october!
you dont love me, you just use me for your bitcoin
difficult times :) lol :d difficult times were in 2018-2020
to the fking space !
cellllllebrate a-t-h, come on!
finally earned my diamond hands graphic
you can thank me, just bought 10 dollars worth this am
all time high ! all time high ! all time high!
yo mom is a legend!
please advice! is it too late to invest from the beginning. i dont have a lot to invest at the start but can consistently put towards btc? is this also a good time to invest in alt coins? thanks for any answer. i'm sure this will also benefit new users to bitcoin.
my portfolio is looking greener than ever, what a feeling!
it's over 65 thousand
i'm glad i did not listen to everyone saying to take profits at 60k 61k 62k 63k. hodling is the best strategy!
we made it. 5 months in the depths and we're back better than ever
thanks lads, let us make history again by another spicy ath
btc = big tittied chick.
100% of the holders are now in profit! congrats to every holders and believers, you really deserve this!
welcome to the future!
first time being a holder for the new ath mania. i’m pretty stoked. hoping eth will follow btcs lead and set a new ath as well this week, then comes the alt-coin explosion?
i feel like buying more btc in the 40-50k range gives me diamond balls. though who knows how long this high will last, but i'm going to enjoy watching some green candles :)
wasn't that hard to hodl, the only regret is not buying more
coingecko is down due to overcapacity - everyone and their mom is currently checking their portfolio.
i've been battling severe depression. this is the first time in weeks i've been legitimately happy. thank you crypto.
its time to celebrate!!!
so glad i managed to buy some eth and btc this morning before the spike!!! let's go friends!
should i buy now?
the return of the king. welcome to the show, fellas. we go again! lets punch the ceiling!
amazing, i just saw the spike going up! congratz to all hodlers!
aw yisss, very nice feeling after holding for half a year. good luck to all. may the odds be in our favour.
i just want to say i love you too
breaking news: china is banning bitcoin again (or is it unbanning)
and i’m here patiently waiting for the alt coins rise.
so the party is on again?
so what do i do now
damn that spike looks good ...wanna stare at it the whole day...up up and away
long live the king
my algae bag of btc is growing!
fun to be a genius again
i just erected my green dildo!
respect to the hodlers
all hail the king!!
my erectile dysfunction has been cured!
i truly hope that all of this will end well for all of us in the future ;)
fucking insane. fomo will now kick in
cannot handle the excitement right now!! 🚀
start in april and dump few hundreds just for laugh. then i learn more about it and convinced crypto do have its future. dump a bit more and not taking out a single cent from it.
what have you got now elon? boom,
it’s red panty night tonight
![gif](giphyswjcswum5dc0e) *to the king!!*
it's going to fall again. it's how this thing works. goes high then low then high again. so enjoy it and do not buy at ath 😉
cheers to all you guys!! have some 5...
bro who would not have hodled these last few months? why would you ever sell when it’s in the red? 🤔
buckle up boys and girls. we wish you a pleasant journey.
come on ,420 next!
we were there !
we are all gonna make it
i need 20% per day for 2 months or longer on my altcoins now :)
time to go post this to my facebook feed and get everyone on board the hype train!!
quickly! it’s time to buy more before it dips
well that explains all the private message spam i've been getting asking to give people my private seed for 'security' reasons.
non believers might change their stand now. bullish! 🚀
china can suck my dick.
holding... you mean buying and holding.
btc chart looks beautiful. i could cry now. so glad i never sold those dips.
we are all going to the moon together 🚀
been holding since last ath and didn’t sell any mining income since then(converted to btc)
bring back the meme's
kudos to the people who held since the may crash 2021 and before!
thanks. didn't enjoy the 50% crash days, hodled, it feels great to be back on top, where we belong! congratulations to you all.
no one who ever bought btc, and held on tight has ever lost money to this point. to those wanting to say except at 66k let me say no one who ever bought btc at 65k or less has lost money if they help their coins and didnt lose them, have them stolen or sold them. that is nuts. what an amazing asset and investment opportunity we have still here in 2021
i hodl'ed! i'm a legend, wooo!
we were supposed to hodl? i thought we were buying…. yippee ki yay mf!
\*laughs in profit, but agent smith evil style\* how do i even take profits, i do not even know how to do that. all my research and i did not research this part and i'm just laughing, i cannot stop laughing because it is too surreal
broke another ath. seriously witnessing history in the making.
son of a bitch did it
bitcoin is king! ![gif](giphyaobqdni4k7a4udownsized)
lmao thx… but a couple months? 😑 tfw when you’ve been buying & hodling since 2012
i casually checked coingecko, not sure what to expect and then said "hooooooo" out loud once it loaded. feels good.
wait are the prices high now, i will buy it now
just sold my stack! hopefully it does not moon but i'll never be sad about selling at an ath. will be back to buy more if it drops.
new ath feels so good after seeing my account slashed after all the elon and china fud
dear gentlemen and gentle-ladies, please be advised that this is gentlemen.
just got the alert on my phone and immediately started telling everyone around me in work... most didn’t care but got one guy into it who’s been on the fence for months!
i hodled, accumulated, and i will continue to dca in. the crash did not really affect me, and the euphoria now will also not really affect me (well i smile more now...but my buys will stay the same). good luck all!
woah, that is quite sudden. congrats everyone!
1 million isn’t a dream
anyone knows how bitcoin jumped 2 thousand dollars in just a few minutes?
fuck yeah, go btc!
i sold out my cost basis when it hit 62k monday.
i’ll see you boys at
bitcoin is inevitable! blockchains are inevitable!
this is bullish for bitcoin
sold at 64k bought back at 40k. jokes on all the hodl'ers
hold to your dca strategy!! hold!!
i can claim i bought at the ath again
i hodled since 30k
ah i can finally buy! will saves taxes when i sell at 30k
im guessing someone is buying an expensive bottle today. evian water. hell, there might even be meat back on menu.
this guy won the karma race haha
i bought, i longed, i bought more…and i hodled it all!
nice! what was prior ath?
one btc could officially pay off my house... sad that i was a pussy last summer when it was low. lol
please do not go back down, please do not go back down, please do not go back down, please do not go back down, please do not go back down, please do not go back down, please do not go back down
hello family (wish) 🎉🚀🚀is now about to squeeze again congratulations to all the holders
when it hit , i went into our lounge and did a little dance in front of my partner. felt good.
i need all the btc memes.
this was me not checking my meager portfolio once for three months and waking up to this. you’re welcome.
you made it. if you hodled all the way down and now back up you can call yourself a veteran.
i knew i should have brought during the dip. i went with eth instead. i was deciding wether to dca monthly into eth or btc
thing is we’re all still so early in the adoption process. it may be an ath but still plenty of time to fill your boots.
sblocking all my posts for no reason
lets go boys good times ahead
is this the time where we all panic sell
i’ll be hodling through the good and bad for years to come.
67k is the dip
looks like meats back on the menu boys
post like this are some of the indicators that you should sell atleast 10% of your btc.
sweet mother of christopher... this is crazy!
thank you it was tough but i…. we all prevailed.
my bags are read. let the fomo come boys and girls!
quick now sell and wait for it to drop 😂
hodl til i die
i'm a legend!!! and i have every intention of continuing to hodl for the foreseeable future. i often ponder if there is a point at which i would be willing to sell. i'd have to feel confident that there would be a serious enough retracement that i could buy back in at a significantly lower price.
commenting for my 2021 moment. will this pan out in the end? i think so?
proud to be hodling
aight maybe it’s time to go down a little. where fomo?
i'm so rich with my +35% !!!!!!!!!!
i love you too sexy
will y’all sell soon after it goes up because of fomo buying ?
well, let us not party prematurely. i want it to get to 100k!!
i love you all
put out my joint, ath is a much better high
partaaayyy! no but really this time the market feels different and the dip between the last ath and today was healthy and necessary for bitcoin to reach the moon.
we did it reddit!
yeah well percentage losses and gains aren’t the same thing so.
everyone make sure to buy now and sell during the correction dip
ahhhh yes give it to me btc!
well i've hodl 'd since 2017, how much of a legend am i?
as 2017 buyers i chuckled at "difficult months"
mamma you heard that i am a legend. are you proud of me!
100k btc here we come. let's go, baby!
100% of hodlers are in profit now.
been a legend of many things all my life what’s one more thing
yes now i can sell the dip
i am still not selling my btc for next 2 years atleast.
what difficult months? is going from 10k to 65k and back to 30k in the past 12 months considered difficult? maybe difficult if you bought at the high of 65k.
lets effin go fileee!
i hodled until 35 k fuck me
btc truely a king. broke ath this is the defining moment. let’s celebrate together!
thanks to xinnie the pooh for getting the fuck out.
70k by eod you think?
buy high, sell high, basically do everything high!
thanks to everyone that didnt too so i could buy in low as a first time investor :d
i love it its my birthday today and its a smashing day for sure! :d
i'm waiting for .66.
are we legends? or have we just been through some previous cycles and know the drill by now...
i didnt just hodl…. **i doubled down** ⚓️⚡️
we did it! bells, whistles and party favors are all going off... in my head.
difficult time? how about congrats to those who have been holding for years through the bear cycles?
oh, it is sooo nice to hodl and be in the green...congratulations all dca and hodlers
glad i was able to hodl and stake on freeway platform. i almost panic selling. i bought most of my coin near ath but i took advantage of the dip.
fomo, here we gooo!
we did it boys
let’s go, fomo time
i've got my buy order in already of .42 for when btc hits .420 for the memes, lets fucking gooo...
eth did it too. pog
time to buy now...
we are going to mars!!
alright... now let us all make one promise to *just keep buying*
it’s been an easy hodl, but we can still rejoice at the aths! congrats everyone!
changed diaper at 1am. bought more.
“during these difficult months”. i love new frogs.
so that death cross from a while back was not the end of the world? i'm shocked
wait you can sell?
please stop. a man can only get so erect!
been waiting almost 6 months for this. feels amazing!!
held? you mean bought!
remember when eth was 2k? yeah, that was a fun summer we just had. now i’m strapped in and ready to ride!
unbelievable. btc set a new ath. finally, the moment we all been waiting arrived.
thanks internet man, i just dont want to be quite so poor
eth is closing in on ath as well. october is gonna be good
yaaaaaaaaaaaaaaaaaaaasssssss!!!!! only the beginning boys and girls!!
im selling and buying at 69420. what are you gnna do? call the cops?
time to take some earned profit!!!!
no one has lost money on bitcoin if you've held and not sold
hodl you filthy animals
they didn’t have a ducking choice. they had to hodl or sell for a loss….
finally i'm in green!
> el salvador i doubt you have the first clue about what's actually happening there, kiddo.
if it keeps going up my plan is literally buy smallish house for cash then lease a supercar given my monthly housing payment will be effectively 0. thanks crypto, very cool!
really good. like the direction 😊
i don’t know if i have diamond balls as much as it was that i’m just too lazy to sell.
100% of us made money on bitcoin!
lol everyone who told not to fomo in past couple of days
i did not hodl on purpose i'm just really indecisive.
i am legend?? i am legend!!!
now i need eth to do it lol
still holding no mater what hapens
this is the best roller coaster of my life. i am never getting off.
soon we’ll all be [[big shot]]s
let’s fucking go boysss 🙌
btc more motivational than lance armstrong in this marathon 😎🤘
it broke its* ath, no apostrophe
i’m in but not to heavy
between crypto and gme earlier this year, i've been having a pretty good year by investing like an absolute amateur and doing everything they tell you not to lmao. it's definitely a lot of sheer luck, but it is still amusing nonetheless
trick is put in only what you can afford to lose. i put .
it's honest work 😄🙏
oh nice i’ve been holding onto my money for this to happen.
i just saw it as a good time to buy more.
i now believe planb is the creator of bitcoin
i’m happy to be part of history even i only hold small amount of bitcoin. congratulations to myself!!
thanks to you buddy 😃
nice to be part of it
get in the fuck in here!
is he happy because he held or because he sold at this ath and got his money back?
imagine thinking alts at +5000% and btc still 50-100% above old ath, constituted «hard hodling». lmao still though, gj to those who didn’t paperhand the last 6 months like a little bitch.
then we are having a party at my house drinks are on you 😄
nice, let us see how that will impact other coins.
i’m the true legend: hodled to 20k full of shitcoins, crashed to 3k, lost all my crypto gambling on ethercrash and had to start again from scratch. dca into bitcoin from there and kapow!
holding is easy, buying more is getting harder😅
i’m curious - if you never sell - or use - your btc, wtf is the point? this will almost certainly be the mother of all bubbles (maybe worse than the 2008 mbs crisis). i don’t have a stake in the game, but for those that do, buckle up (and diversify your portfolios)!
hoddled and still down 50% on vet lol i suck
wait so should i fomo more then
i bought at 57k, so not quite the top, but it took all summer to get back to square one on btc. but we finally did it! time to celebrate boys.
look at them go
its up 100% only. congrats on missing out on actual gains
you will stand in bronze on the shores of pyke
why the heck wouldn't i hodl, i know exactly why i bought and nothing really changed in the meantime. fud? nah, there is always some kind of fud, gotta ignore it and stick to the fundamentals, which are pretty damn good :)
lord give me the strength to sell all my shitcoins and buy btc
you did nothing actually
holy smokes... my btc holdings have skyrocketed to .43... 🐳🐳
i just hit buy one a week, my balls are soft and sensitive
i am not selling anything until 2026.
thank you for calling me a legend.
in reality, it’s only been a few months. that’s crypto. if it were shares that would have been years. be patient people. what you need will happen.
reddit front page babyyyy, fomo begins now
we did it! we made 7% on our ! we can retire!
i had to put all of my crypto assets on stake in cdc before doing thisaster during dark times! it has turned out to be a winning strategy! diamond stakers rejoice!
it’s nice and i’m happy. but i’m still only 20% up from investment and if i literally did one of many things different (less greed in may, selling and buying back, keeping all in btc) i’d be much better off now so even winning hurts lol
everyone in profit baby !
i bought tf out tha dip
we’re all geniuses 🧑‍🎓
i’m part of the hodl gang!!! cheers
eth at . nice to see.
after buying in at the previous ath, i can’t begin to explain how relieved i am. lol
tell your wives, your kids and all your families. we need the fomo, now!
why is it difficult? are people enjoying paying tax now?
now to see if i can actually put my dca out strategy into action and stick to it!
jim cramer must be pulling out his hair after selling at 30k
congrats to all! let’s keep the train going! chook choooook
i bought the dip...and sold when i was strapped for cash between paychecks
nooo you're a legend!!
crazy ride this year alone. interesting to see what the rest of the year, and years to come, will bring!
*me who still dont know the sell button* hell yeah proud as a hodler
awesome, now let’s do alt season.
wow, btc has an increase of 5-6% a day, so amazing, untill you realize is nothing compared to the rest of the alts. 20-35 % over night is standard for 90% of the alts.
so excited!! bring on the lambo
they'll have to pry my 0.01 bitcoin from my cold dead hands before i sell.
lets gooooo all caps because im fucking hyped. basically bought the top way back in late april early may. lets go guys enjoy this shit
to the moon yall
maybe i should buy now
well i don’t really hold much btc but congrats to those that do
the cool thing about this is: at this very moment 100% of btc holder is green right now.
the mtgox forced hodl is also paying off today. the planned rehabilitation has been approved! good day for bitcoin and it is people!
lol, legends because they held while you sold? isn't that the whole point of this? hype the train higher and getting off while it is ahead?
thank fuck for that. couldn’t be happier
after hodl'ing through crypto winter, this was nothing lol.
it took me a while just to open the coingecko app on my phone. i guess everyone is looking at the charts rn :d
i hold from 55k hehe
it wasn’t that difficult tbh 🤷🏽‍♂️ but congrats to everyone nonetheless!
i held the whole time! fuck you elon ha!
rejoice and keep holding!
i am gonna vibranium ball through the next couple of waves as well. see you all in lambos.
man the fomo is giving me a brain itch, must stay strong
yes! congrats all! [serious] has anyone confirmed a consistent contra-indicator with bitcoin? like when xyz goes down, btc (or eth, etc.) reliably goes up? just curious because i have not done a lot of technical analysis.
🥲 tears of joy
for all the people who doubted us, this ones for you
i told my brother around 28-30k that it would go up and he said it had more room to fall... it didnt
the best has yet to come
cmon boys and girls!!! we did it!!!
can someone tell me, a noob hodl, what are the best next steps? i bought . do i buy? do i sell?
buying the dips really paid off
no one has called me a legend before. please tell this to my parents.
after hodling for 4 ,5 years now honestly idk if i will ever sell to tell you the truth anymore
profits for anyone! party till we hit rock bottom. oh wait...
could this be a bull market triggered by hedge funds? i suspect this would be a bull run to trigger fomo into crypto, then the big hedges sell once it hits further ath to help cover their butts when reported meme squeezes happen. i mean, the crypto market for btc like 90% owned by hedgefunds right? just a theory. “a crypto-theory”
time to continue the hodl. the sky is the limit if that is what we're shooting for
btc up almost 7% today while my index fund is down 0,5%, should i do entire life savings in btc?
hell yeah brothers my btc and eth bags are happy
green dildos for everyone!
i personally wait and trust the process, learned to do that after investing in gpool not knowing i stumbled upon a gold mine, now im collecting my rewards from depo, transient, and soon chaingain
just to let you guys understand this means currently more than 99% of holders are making money. proceed cautiously
my small time quarter btc is popping ... love it love it !!
i remember when i bought the peak in 2017. i immediately lost almost everything i put in, and decided it couldn’t get any worse and decided to just hold. now, 4 years later, i’m up over 5x my total investment (dca’ing along the way) and am still holding just to see where this shot goes. it’s a crazy ride
100% hodlers on profit again. once again doubters got reked.
united they bought at the ath for the first time lol
we are still early!
we all in profits now 😎
damn, the time has come!
bought it at 33k. only had 650 to spend but it was still the best investment of my life
its time to buy high to sell low. trust me thats a unbeatable plan.
bitcoin will never be a smart sell.
okay that’s happening during it!
nearly got divorced but i did it! just happy to be here (still living)!!!
fuck yeah, bought everywhere between 3,000-59,000. still counting!
*someone stop me before i sell my whole body to go all in btc right now!*
make sure to buy on the top
mad props to everyone who held. if i could afford to get up to 1 btc id hold as well. we all know where its going and selling even now would be an awful mistake
now everyone just… keep… holding…
yeah, the one i bough at 55k last may i think is making profits now
no one's ever called me a legend before so i'll take it and run 😂
i’d like to thank the academy
i would expect slow steady gains for a little while now. i can’t imagine there will be a big retail fomo wave with prices this high. need more institutional buy ins to keep the ball rolling. nothing wrong with slow and steady. anybody holding five figures worth of btc i’m sure will be pleased with 5% a week gains.
may the coin be with you
remember: if you sell, be sure to tell everyone that you'll never sell and keep holding forever.
can't wait to hear stories about people who spent their life savings on btc, bubble burst and 2017.
"difficult*😂😂😂😂 these people will bleed when the next cryptowinter will be upon us...
buy everytime never sell.
shout-out to all the analysts that said btc will be 0. shout-out to myself for holding.
i dont hold any btc but happy for everyone
hodling is literally the easiest thing to do... we dont have to pat each others back for it. christ
lovin this! congrats to all those with patience.
huh what happened? oh another ath? cool, cool, cool…. so anyways! (in it for the long haul boys. good luck to us all)
i've been holding since 2012. i am legend.
yes and to the person that brought at the last all time high and held when it dipped to , they are legends!
now please humble me by throwing out a eli5 why things just went moonmoon with btc?
it is far easier to hold when down than it is to sell for profits. this is when we really see who got those diamond hands!
tough few months but we made it 😎 congrats everyone 💪🏼
i sold some of my btc for 50% profit. i could not resist
now! learn to hodl longer than a few months! ahahah
been holding since 2017. let’s goooo!!!! people laughed in my face and called the investment “stupid.”
now we can really start off.
diamond hands. only regret i have is that i did not buy more a few months ago. p.s. if everyone holds, the value will keep going up.
time for profit... what profit? i hodl
i'll see you fellow crypto enthusiasts at the lambo meetup
i'm building up some more free money to when it drops again.
long may it continue!
lets go 🆘stock. bitcoin miner!
instructions clear, maxing out my credit card
i joined in on crypto literally 3 days before elon decided to shit post and now here i am. here’s to more ath.
should i buy or not im such a noob, i was about to buy some days agoo aaa
we are officially in price thiscovery zone and the alts feels so so compressed that are ready to explode. believe in your portfolios, now it’s time to test how good our allocation strategy is - fasten your seatbelt guys, you’ll need your diamond balls now more than ever 💎 🚀
makes me a legend!! boom 💥
the number was up, then it was down, now its up again. i was right.
btc just broke its ath in usd, it actually broke its ath in eur yesterday (due to the eur) :)
alts following their leader too
hold the lines apes
when’s the big dip happening?
houston, we have lift off. long live the king 🤴
holding? i'm buying! i do not have much money to spend after bills but i buy .
the return of the fomo.
god bless you all. hold!!!!!
and we’re gonna keep on doing it. this post here is the one that told me about it. it’s by not checking it every 5 seconds we can make this happen. i used to have times when i would be obsessed with watching the charts. now i have my weekly buy set up and enjoy checking when i see posts like yours.
i bought , now worth .30 lfg
wow i really need to be first with a comment like this so i can get more moons. no new info at all, just a celebration and you max out on moons for the month
was down 8k. held through that bitch and now i’m your wife’s boyfriend.
it was not hard to do at all. crypto momentum is rocketing this year. most of the fud is media bs do they could get in at a decent price. i just loaded up even more on the lows. wish i bought in years ago tbh.
yeah i’ve hodled all the way... now my btc are worth 250 bucks 😕
just broke my rib now i gotta get the snip
me, making a 6 cent profit: 😃
i stayed. you’re welcome.
is it to late for me to invest in btc? i don’t have much money maybe 2 thousand
hodling until buying a house.
gratz y'all i hope you live happy lives.
me to everyone back in may. "you are not heroes in the future...you're legends"
kudos to those that held it through the dip. i know my rin baby will make me proud too, now that the amm launch is in a week's time
dude nearly all alts are green lets fucking goooo
honestly i stopped out around 50k (i use stop losses) in profit and ended up buying back around 33k. learning a little bit of ta goes a long way.
time to cash out and run
buy high, sell high is happening finally 🖐️
eth is right behind it, looking for its ath in next few days
difficult months? the last few months have been normal. if that was difficult, wait until the real bear market in a couple of years... if there is one this time around.
held since jan 18, lost 80% at first. knew this new ath would come
i’ve only been hodling for like a year or two, but why the fuck would i sell? i bought to hodl for life. most people who panic sold bought it for the first time like within the 3 months prior to the last drop. they all got shook out, and now they’re about to buy back in again lol
well, to those of us balls dip in alts our time will come. i am saying this with lots of confidence cause i hold only fundamentally solid alts like sol, axs and albt. with the ongoing lmaas week only a matter of time before albt moons.
so i buy, right??
i need a even higher ath now so that i can fomo
put all of it in.
meh, i'm going to keep holding. those lows sucked the life out. nothing to do but keep buying, keep researching. keep enjoying the green dildo. glad to win and lose with you all.
not difficult to hodl at all. pretty easy, but thanks for the compliment?
τα περισσοτερα απβοουτσ και ριγουορτνσ που εχω δει ποτε σε ελληνα ρεντιτορ!
let’s fucking go, boys & girls!
buy at the top!
why is there a season for everything?
i made 70% of my portfolio today. good day.
woke up to lightning last night. now i know it was just btc breaking its ath
what does sell mean?
all my eggs are in another baslet right now but i am so proud of every single one of you! heres to many more gains to come!
our funny money is finally recovering from the last pump and dump scheme, guess it is time to pump it up again for the next billionaire in line!
pop the champagne boys! gotta love uncharted waters 🎉🎊
in cad, we're already at . lfggg
let's go bro! 🚀
heck yeah!!! to the mooooon!
hold on for dear life mates! we are on unknown territories now
i'm still smacking myself for not buying more last year when it was about :(
gotta hold until tax season!
you all welcome lol
think about this, not a single person who has ever bought bitcoin, and not sold, has made unrealized profit. nobody who bought bitcoin lost money unless they gambled with options.
these are just rookie numbers, wait 8 years.
pain. bought btc in 2014 and forgot the password. considered jumping in at the end of september but figured i’d wait for the next dip…fml
we all made it. huraaaay
let's go you glorious bastards
thank you. just did not want to put in the effort or fees.
see you in next year
big time hodler here. it’s practically my middle name.
i said it will break 100k this year... still possible or just no time left this year? 6m from now it will be 100k for sure!
oh yeah. i finally don’t look like a fool.
it’s really not that difficult to hold if you think beyond short term gains. btc has had higher highs and lower lows each cycle. bitcoin etf’s and institutions. people will kick themselves in 5-10 yrs selling now
didn't sell when it hit . may never sell.
so it is true. the bitcoin ceo decided to increase prices!
me, who forgot i even held crypto for 6 months: oh yes!…anyway time to continue the hold
now we can wait for alt coins season when btc stabilizes.
ath time to buy because thats how my big dumb brain works
i ahh forgot that i limit sell my btc on 65k
well done guise! hodl gang
that’s awesome, great community!!
started buying in january and into february. bough the whole fu king dip. my friend called me last monday telling me to sell at 54 and buy it again lower. buddy, it ain’t going lower.
what else were they gonna do? sell for a loss?
now to see if it holds and doesn’t tank the market again this time
i just checked. 1 month ago i staked my btc at 36k. pretty much doubled my money and passively made income
what does ath mean?
putting my savings into crypto years ago has been a lot of fun 🤢 but congrats everyone! it takes big brass ones to hold large positions and that will continue to be true.
i personally also want to thank those who didn’t hodl and sold me their coins. not selling so i can give my kids my btc!
diamond hands? legends? no we are making money on other people coming into the market later then us.
dimond hands, baby!!! fuck yeah!
everything pumping except my ada
i wish i cared but it is not like i'll be selling my btc ... really ever
!remindme 90 days so i can laugh when the rug gets pulled on btc investors if i'm wrong y'all can laugh at me all the way to the bank.
yes im buying now! will sell once we hit 45k again
i don’t own any 🤦‍♂️
i’m already up 60%. this bull run has been killer!
when were the difficult months? it's only gonna be harder to accumulate now...
what a beautiful fuckin day mates
😈🔥👹never sold, never will 😈🔥👹
honestly it wasn’t hard to hodl, when i saw the plunge back in may, i simply decided to forget about my coins, just like i did 3 years ago. no more checking prices, news, etc - i learned it recovered here on . that was pretty fast actually, i was expecting it to take much more time.
feels like everything is flying, except cardano smh
fuck yeah tfsa booming today palz
funny. i have seen during this pandemic.
just a stubborn asshole refusing to sell at a loss after buying at 54k in may 😂
at a moment like this, this song comes to mind: blur song
enjoy the 2.3x gained over 7-8 months.
i get to be part of this with my minimal shitty investment?? let's goooooo!
next week news: all government vehicles of el salvador replaced with lamborghini's
nothing better than buying the ath (unless it crashes, but it rarely does, right?)
i’m so stoked instead of taking profits i bought another 7k. buy high who cares in 2 years you’ll laugh at this price.
my portfolio is around 60%eth 35%btc and the rest altcoins and some shitcoins should i swap for more btc % and keep hodl got like
if you didnt lean in heavily after the 2nd touch on support after the fall from ath you are doing it wrong.
i had about 3000 dollars worth of btc and eth that i'd slowly been building up from the start of the year, but unfortunately i had to sell all of it a few weeks ago to pay for dental bills, you all enjoy the gains and well done for holding. i hope to dca back in when i can.
any advice for someone who does not have any btc and wants to buy
you see this type of posts, you start to progressively sell
it will drop back down. don't fall for the bull trap. do not buy in now. it's too late, for now
so this is when we buy high now right? or am i supposed to wait a little bit longer?
just hodl? i’m still buying.
no man. the ones of us that sold at the last ath and then bought in below .
2017 checkin in, i’m in it for the tech 😂
it hasnt been easy but were getting there 💎🤲
lets go. gz to all who held and the all who bought the dip!
well most of these guys did not hold for so long to buy now, they are still going to be holding for years. so it does not matter how low or high it goes, it only matter how high it will be 5 or 10 years from now
we shouldnt celebrate yet... *until btc hits ,420.69, sir...*
threads like this make me feel i got in early :d
felt so good to sell all i had close to the ath. now just waiting the dip
difficult months? i barely understand anything about crypto, so gambling my money on bitcoin is easy. consider me dunning-kruger’d.
the important thing that some might be overlooking is that we have easily held the 66k resistance line.
i am bullish about the el salvadorians now! 😎👍🐳
thanks, but i am not no legend yet. maybe when btc will reach 1.000.000...
the moment when alts start going up, the moment before shits will follow them.
this will be my 3rd monster rally with btc
only one direction to go from here.
i'm so glad to have had you guys through this tbf
we had difficult months? well... proof sleeping on bad news is a good thing i guess
xrp xrp xrp xrp xrp
been hodling since 2017, no legend here
not sure i’d call those months difficult. try hodling through 2018
i will hodl for the foreseeable future. no plan to sell unless absolutely needed
ain’t nothing difficult about putting your monthly savings into crypto, plan on doing that for a long time still.
first btc purchase was for .4m
do not sell. do not sell. do not sell. if literally every person, bot, ape, etc just refuses to sell then there is almost no ceiling. so again i say. do not sell. do not sell. do not sell. (oh and consider buying... but if no one sells just expect to pay more).
does this mean buy bitcoin?
i want to thank my stubbornness and laziness for holding on to my btc trhough this tough period. if my stubbornness did not rather see my portfolio go to zero than selling on a loss, and my laziness did not stop me from transferring my funds to an exchange because that was to much a hassle i might have sold a few weeks ago.
i added during the dip baby!! just wish i added more !
yay i made ! 😅
now i am wondering why did not i buy some more in the dip
i took profits and if you do not, you'll be sorry lol i'm glad it is back up so fast, half a year instead of two and a half, but is it ready to 10x again? not sure...
i kick myself everytime when i remember back in 2011 i had a friend that tried really-really hard to get me to start mining bitcoin. he now laughs at me from his huge mansion on a hill.
he bought it? ...
got my buy order in for 69420. blaze it btc!
it's cause i sold all my bitcoin yesterday. you're welcome
no problem for hodling, been hodling that 100
so when betab0b video?!
most ppl “investing” in crypto in this sub don’t have enough money to get lambos even with btc hitting ath.
when you meet someone in real life that’s into bitcoin, it’s almost impossible to stop talking, am i right? i’m thankful for all of the smart people that i’ve met that have influenced my own opinions, both here and then the real world, even if you are brand new here, we are all early to the game.
i can now buy a lambo. it’s a matchbox but it counts!
i did hold...but i dont have any btc...i rebel against the norms :d
when was the last time btc broke its ath? it feels like yesterday (guess i'm getting old).
what difficult months? it’s been like 2 years since hodling was difficult
fuck ya! i held and kept buying! wish i bought more of course but at least i did not fucking sell!
to be fair it was pretty easy hodling when you know it is just a matter of time till it kicks off... plus it aint anywhere near the maximum value :)
my btc hodling is at an ath of 30 minutes.
i was promised hookers & cocaine at all time highs now i expect hookers with cocaine at bitcoin 100k.
don't forget to take a little bit out and treat yourself! you deserve it
"mr. satoshi, tear down this wall!” - bitcoin probably
agreed, the fud has been next-level. also, i'm sure glad i bought sol last night 🤚💯
i really like btc very much
i'm so glad i held onto all my bitcoin!! i never once even thought about selling it.
i’m sure the mass marketing campaign helped.
i'm addicted to these green dildos
been holding since . i dgaf what the price does.
so 100% of btc owners are profitable.
lol reminds me of that lous ck skit
cheers to all legends!!!
sorry but that is a bullshit sentiment.
i sold my 2nd home and put a good chunk into bitcoin when it was at . i have been quite relieved this week.
don't forget to load up on the dips. we'll be back up and over in not time. only what you can afford to lose, of course.
never doubted it. .
christmas rally incoming, pack your bags because santa is coming to town!
just here to say happy all time high everyone. it's been a rough few months. if you bought btc during the dip you are bold. if you held your btc bought before may you are brave. if you bought altcoins, practice patience and enjoy that big daddy is lighting up the path ahead.
el salvador should be shoving that into other country's face
lol it’s so easy to just hold.
you're welcome, it is absolutely not because we est it up in my wife's name and we cannot withdraw hahaha...haha...ha...
buy the dip bitch
feels good to be back
i held my .04 like a champ.
i held but if i’m being honest, back in june i thought we were heading into a bear market. but you know your girl kept stacking sats anyway
hodling since btc was 7k did not really but or sell much in 2021 mostly moved coins around and swapped
my portfolio is still in the red 😢
hodl half flip half that is my motto with btc.
hodl since 18k … and im not fckin leaving !
first compliment of the year... thanks
a cheerleader post that contributed nothing, op just wanting to feel like they are
time to convince everyone to continue to hold while i quietly sell some off...muh-haha
patience is the secret
i remember when i could get these for 25 cents lol... writing from the beach :\*
4th cycle i have been a part of and this the first one i have not panicked sold. i might actually profit this time around.
i'll be honest. i did not go anything different than my regular dca. guess doing the bare minimum works haha nice
i had to sell by small stash back at like 52k to cover bills. sad. unlucky financial crisis strikes at the worst time.
i have been in it since last december and still hodl
i think i could sell now! of course no crypto. 😄
now it is time for me to break my ath ;d
my investments i made in july are really paying off
let's all suck each other weiners now
dick...i like it even more difficult.
thank you. i’m now dead inside. gainz.
ah yes, perfect time to fomo so i can buy high and sell low
its been 4 months and have accrued 1.5
dangnabit i’m trying to buy more! go back down a bit so i can get left of the decimal
what a successful currency
jut buy and hodl this is the way
i just wanted to say 🚀🚀🚀🌕
as some small fry jobber with only 200 usd on my bank account, i feel like worthless fish, how can i even buy 0.1% bit coin lol
woke up and seen my portfolio…sheesh what a time to be alive. now these alt coins need to take flight.
maybe had a couple panic sells and rebuys in between but i'm still standing somehow 😅😅😅
now it is eth's turn to pump. get ready for the flippening, it is coming.
i bought all the way down. stopped buying at 50k on the way back up though.
damn she’s been my flair for months.
i hodled my 250 dollars worth of bitcoin. it is now over 500 dollars. i think i can afford one of those lunchables that include the juice pouch!
selling was never even on my mind. i believe in bitcoin and its inevitable success.
i will be so happy to see how many people fail to sell and see all their potential gain vanish this run.
lol go play some crypto royale dude xd
i feel like these are biggest spamy-karma-grab-posts. if you bought at previous high then you're dumb af to sell at a loss. if you bought before and watched it pump then fall you probably had faith it would pump again. if you bought years ago then you bought with intent to hold. if you are selling at what you think is ath and it has no bigger future then you're a phb. you should be thanking the people buying and creating utility not everyone that is just hodling.
happy to called a legend lol. has a great ring to it.
not only hodl but continued buying, stack sats
i'm glad i hold bitcoin but sad my portfolio does not allow more of it. a friend asked me for advice where to invest. what a day.
i just moved to a big city and have sold my btc during the pull back to help with moving’m no s’sad
now we're all in the green!!
and to those who sold…you’re stupid
this is price thiscovery. there is no top. just keep buying.
congrats to all the bitcoin holders and here’s to the upcoming altcoin season 🥂
thank you. i've always known i was legendary
we love you bitcoin!
what comes before part-b?
i feel bad for people who panicked sell during that momentary down trend. crypto is so embedded now to the financial system that it is here to stay forever and the occasional downtrend are buying opportunities.
this entire thread is pure market manipulation. and sad. capturing all of this just for lols. each individual post and message.
i have . you could say i'm pretty cool 😎
and now, i sell. i'll be back for the dip!
btc is a scam. i cannot wait until it crashes hard.
i sold some 65k and placed limit order at 55k. what are the odds of btc dropping to 50k levels in next few months?
is it too late?? fomo right now. im crying
yeah i'm not a legend i guess
pro tio: if you have a boating accident whilst trying to stage a boating accident then you're a guaranteed hodler for life 🤔 🧠
head ups im gonna buy so it might drop tomorrow ehe :p
bought a whole one at . my fud friends are telling me to cash out now. psh, this is just the beginning!
this is the weirdest bull run ever 🧐😂
i've been holding since 2010, mostly 2015 but i'm holding (and been buying continually since) holding till i'm at least 65. it's going to be a fabulous retirement!! 🤑
i was not sure about bitcoin but this is a sign, buy buy buy!!!
do we think ada will recover?
i've been holding for years dude
this boy said difficult months...like that is a long time.
brings a tear to my eye
well done on making the monthly limit of moons for such a simple post. may the crypto gods be with you.
buy high, sell low is my motto.
dca and buy dips, then hodl in a hardware wallet. it’s really that simple.
isn’t it going to 144,000? that’s what i was told…
you can’t print more bc. strap yourselves in.
you're welcome and thanks to you too
hodl till i die
greed index is very high do not fomo in people
legends? i sold at a profit awhile back and made way more money in other coins. hodlers are suckers! lol!
jokes on you, i dont know how to sell
time to sell before the market crash, lol.
the next 5 years are going to be difficult.
currently the world's money in circulation is 6.6 trillion usd, that is just physical money forget about loans, interests and other bullshit financial instruments. now there is only 21 million btc so 1 btc will equal to ,285.71 if we use it as means of exchanging value.
bro imma keep it real with you, i just put my bitcoin in a ledger and forgot all about it. i just got news today we out the 30k lmao
what’s alt coin season?
yeah you guys are troopers. through thick and thin, many doubters but here you guys are!
now fomo in boys.
always had faith in it. never doubted for a second.
i sold my bitcoin
oh man, if you thought these were difficult months, i have some bad news for you about the volatility of crypto
2016 hodlr here….just saying hi and checking in. going back to normal life with a little more pep in my step.
i’d like to say that btc and eth’s recovery is a very great sign of a bull run this winter but…. we’ll see😩
congratulations everyone! it is a good way to start the day.
hold is gold for btc.
btc is either going up or going down. this is not financial advice.
wasn’t difficult. i just didn’t pay attention to it for months lol
a few difficult months? barely went to half it is value... twas nothing but a flesh wound compared to the *real* dark days lol
i sold at 2 peaks sugondese hodlers
see y’all at .😎
>to everyone who hodled during these months: i love you! everyone of you have diamonds balls!!! i'm proud of us!
how high will it go
hope my shib will fillow the king(btc)
been enjoying watching it climb even though i do not own any btc.
here's how i did it: i used money that i can afford to lose *shockers*
don't worry it is gonna fall back to ,30k soon
time to buy more and some altcoin will start to pump too.
i just wish i would have bought more while it was down
the success of bitcoin is inevitable. based on this premise, you know that bitcoin is an accumulation game for years to come. every dip should be seen as a chance to accumulate more btc. the fud from china was a unique opportunity. to take full advantage of bitcoin, you need to step back and take a long-term view.
here comes the fomo
congratulations to all of us. it was hard but we all believed in new technology and it makes me happy to knnow that we will all be considered pioneers in the future.
congrats to all hodlers!
china bought the dip
anybody that bought around april ath should be in the green
great times indeed! but, never forget the times we all stuck together. all those roller coaster moments! staying afloat during the bear market helped me stay put! [nice read on generating returns during the bear market.](
hodl that is all i do
bought in since may 10 and every dip moving down, havent sold a single btc .
thank you very much! holding on to my \~, but i managed :)
woot woot!! shit i forgot i’m heavy on alts…
as someone that bought in at the last ath it is quite the relief.
thank you thank you. i am one of the many diamond balled people you speak of. it wasn’t easy, considering i just started in crypto this year and at the peak i was averaging around 52k. but i kept hodling and dcaing until i got my average down into the low 40s. i watched as my profits started sinking lower and lower. for a brief period of time, i was in the red. i decided to stop watching the market and focus on other things. now here we are. up 100% from the new floor, up over 50% from my current average. i am still dca’ing because i get the feeling the massive 85% downward spikes we’ve seen in the past are quickly going to be a thing of the past. institutional investors are in, regulation is in the works, and soon price thiscovery will be guided by so called “experts” instead of “diamond hands” vs “paper hands”. this could be the last opportunity to take advantage of that. good luck out there. happy hodling.
starting this year in crypto, when it crashed i had an average buy of around 50k. but the diamond hand business was pretty easy and managed to drop it to 40k with some more investment, so it was cool really
i started in august 2017 and still feel like i was late to the party.
wooooo i turned my 70 into 180
my brother we all made it here together. i wish you all alot of green days.
i'm still hodling and buying more.
just remember this post on the next bear market; enough with panic selling.
and bukele just evolved from el presidente to something better, see his twitter!
you're welcome. wheres my prize?
i bought the ath in may and held untill now. it really makes you proud.
thank you for your kind words. it's very nice to see the balance on bitfinex.
i chuckled at the ,999, seems quite a few had a exit strategy in place.
dude i am on wsb. my balls are made of diamonds. dips only encourage me to buy lmao
buy at ath sell at atl financial advice
hodling since 5k. will only sell if i need it to eat.
it was a long bear winter, but i kept holding, finally i can take profits from those 8000 satoshis
what concerns me isn’t crypto what concerns me is having to keep most of my money in fiat for bills and taxes and pay checks and all that. i fear waking up one morning to the complete collapse of the dollar, and with it, 70% of my life’s value
fear of missin out is here...
i inspect element the sell button to not exist
wait, i thought now is when we're supposed to buy? it's sell low, buy high, right?? 🤔
yeah now it is time to buy cos it can only go higher from now
we made it everyone!
phew, thank god i did not sell my 0.000001 worths of bitcoin
9 billion in btc getting refunded to people who got hacked in 2013. imagine the selling pressure on nov.21? this is a massive black swan that shouldn’t be ignored.
i was holding out of spite lmfao
okay now that i have been thanked by internet stranger i can finally rest
i just spent 5 minutes trying to figure out how the auth broke on btc... only to realize you meant all time high. congrats everyone!
this is so good man! you make my day with this post! you are also legend! 👌
bitcoin boutta crash so hard lol
thanks for letting me know. sold.
shut up cring man
criminals are so happy with btc going up, keep the love guys :)
satoshi is definitely dead, the dude had a brain and conscience, he’d have pulled the out from under this earth raping, self-interested prickshit enriching tech by now
great. now, can we get doge to where btc is?
it was literally not difficult in the slightest to hold for a few months.
i have never seen so much mutual masturbation over an asset that after 6 months of an inflationary environment of 15% m2 annual inflation, is sitting at a mere 1.5% above it is ath from 6 months ago. none of you have any idea where this market goes, or what is driving it. it could go up 20% just as easily as it could start the crash back to . and if it crashes back to , almost all of you mutually felating eachother and acting arrogant af rn, will deserve whatever you lose.
dont worry 20k is on the horizon
what’s the difference between a chickpea and a lentil? i’ve never had a lentil on my face
difficult months? ha! you have seen nothing yet. wait until 2018 bear season comes back.
me looking at my portfolio: good job bitcoin your broke ath okay eth, your close, good job okay. ltc. the other two are doing great, i know you need your time, but can we get at least a few points? oooh, 208? goooooddd jobbb ltcccc. i swear my alts are sped
this is the time, i am waiting for so long
im buying , look at the next green dildo im doing.
yes i will sell my house
the buy signal i’ve been waiting for
gotcha. buying 13 dollars of btc brb.
institutions are going to start announcing that they bought below
so now i can finally fomo back at loss. sweet
that short span of time when for a few weeks every 4 years or so fomo is actually the soundest strategy!
100% of btc investors are on profit now, time to change that by buying high selling low
we will retrace now
all this time i was thinking btc was to expensive, but now i'm convinced! fomo all in!
bitcoin cannot be stopped.
the boomers are coming. i repeat the boomers are opening physical checkbooks.
not now...i heard china is going to ban it
i've got a strategy this time around. no clue if it will work though.
my time to shine boys
fomo every week until it becomes dca.
yes to this haha
i've been holding since ...
time to buy then sell at next dip
we are now in price thiscovery indeed
the time has come to ~~push the button~~hoard btc.
our hour is upon us
no, it is time for us to sing "we are the champions my friend" then fomo
i've already fomo with my monthly . watch me whale 🐋
yup, huge fomo is gonna kick in and fuel the rocket
i fomo when i fomo, and then i fomo some more.
big fomo hours now boys
what could possibly go wrong?
can't belive i was bearish. so embearassing
yeah, i can feel fomo everywhere
i just bought the dip
haha i’m sorry, can someone explain this? is this in reference to people who are now fomo buying btc at the ath?
you read my mind
my hundo invested a bit ago is now 140ish. i can retire now.
the time has come. execute order 66.
i always fomo at ath.
totally fomoing not putting more in.
no don’t fomo yet, let us stack
so is it possible for btc to break 100,000 this year?
typo i’m sure. you meant “yolo” now
some good fomo can push btc over 70k.
my time to shine baby
hodl? or hodl? or sell part, cold storage another part and put the rest into one of those things that give you returns on your crypto
my friend says this pump is just a fake out. pepelaugh he does not know do not tell him
refuse to buy until ,420
you wanna know my secret? i'm in fomo all time.
instruction very clear. fomo all in activate!
me buying at the top 👋🏻
no one knows where the top is, it could be 100k for all we know today’s ath is tomorrow’s low
the time i have waiting for since may
no specific target, just up
already have my 100k buy in order ready. buy high sell low just like my papa taught me.
fomo- fear of missing out
unless you're jim cramer
except the people who filled the sell orders at 66,999 poor folks
i'm sure there is someone trying to do some weird stuff and going backwards. and those tools who shorted
nobody is in red now finally. congrats to btc holder
untill they try to sell.
technically, there will never be a moment that all of holders are in profit because for the price to go up someone must buy at the current price and the price fluctuates all the time, so it means there are people who bought at 66k+ and are slightly in loss
unless you own gdlc why that dropped so much, while crypto pumped, i'll never know
i mean people always say you do not lose anything til you sell. so technically you do not win anything till you sell too.
not those who just bought the new top 🥵
this was me, after getting in to crypto in may.
!remindme 1 month are we ?
haha i remember the last crash in may. every time we go into a bull run, everyone gets hyped and says "4k eth incoming, 5k when?" "100k btc incoming lol!" then weeks
don't ruin the fun, we've just begun
weak hands shakeout and a chance to buy. love it.
i feel you my
get this whale!! ![gif](giphytib82vmang4nu)
just wait for 20 years. 20$.
started with 50 a couple weeks ago and now have 80. i do daytrading with the coinbase pro app, after looking at the numbers for a few days. managed to buy and sell with 1 up to 4.5 percent profit just about every time (including fees). it takes a bit more energy to do but i'm 64 percent up compared to when i started out. i did not take huge risks and rode the wave on some alt coins when i saw btc go up, alternating between them. things worked out... handy thing to know coins are bulkish atm so you can expect it to go up eventually
better than no portfolio at all!
never tell anyone how much crypto you have. that , then everyone here is going to be gunning for you.
i feel you. imagine you bought eth at 1k in 2017
in 10 years will you care that you picked it up for 40 or 60 cents on the dollar?
here are your official diamond balls, congratulations. 💎💎
my largest eth purchase was at 4k haha vindication!
buy high stay high all the time
always have been, this just makes it easier.
have to or there is a danger we might make a profit.
if the gains are in the red, it means it is working
my time has come.
fuck yeah i’m down
buying now is still low, 100k eoy
i will low high and buy sell
i'm not selling until
pretty sure many have set their sell orders at ,420
now i can do the buy high sell low thing
i still cannot believe we will see 70's and 80's on btc price <3
hey john, i thought you’re dead already.
there is no way it will hit 400k. the impact that would have on my alts would be insane. i’ll be student loans free and cry tears of joy.
if btc hits 100k i'll suck your dick! but you have to travel to me!
!remind me three months
remindme! 31 december 2021
is your dick spotted?
confirmed: full payment for back surgery
seized coins are just sold by the government
you can print money, but there are only 21m btc.
loans are fine - especially with interest rates being what they are right now. they can be better than margin trading as you won’t get liquidated (with how volatile crypto can be liquidation is a real risk), just so long as the interest isn’t higher than the margin maintenance. heaps of people are trading on someone else’s money, either loans, margin, etc. yoloing on margins isn’t smart, but margin used correctly can be.
investing is considered to be the proper management of your assets and it really is not very wise to invest in loans. unless you can see through the market. stable returns.
we are about to witness history of 69420$
ohhh thats why they ban it in china, they dont like people to watch porn!!
you watched history in the making bro.
the most beautiful dildo
i’ve been getting drunk and dumping half my paycheck into crypto every other week since i mentally recovered from the dip opening my app today was... nice
everything is pumping except shib at the moment. i'm so happy
crypto is a weird cult. welcome. don't forget to try some of the punch before you leave.
always has been 🔫
we up. we down. we hold on.
still have ptsd and flashbacks. the absolute horror.
i can confirm, yes.
' ![gif](giphylsolubbpfdfhkqe2ap) road to 69,420$
fuck green dildos time for green alien dicks because we at the moon
i bought a small amount of btc at ,000 a while back. used the profit i made in a month or so to buy a nintendo switch. haven't sold since, only bought more. have made good profit, but am not selling until i have enough to use as a safety net if things ever go poorly for me.
silkroad days were wild.
to the moon guys! edit: 66k now wtf
i'm green with jealousy. i did not start til may and bought at prev ath. and i work in tech! shame on me but good on you for your gains :)
celebratory smoke ready and waiting to be lit...
eth is pumping boiii
eths already broken 4k, it is time shall come too
we have to let daddy btc have some first
if we follow 2017, eth will get a run soon.
if you want alts to pump, this is usually step 1.
that's why if you go deep balls in alts you should still keep a little bag of satoshis, the king is the king.
somebody finally said it
they mean the months between the last ath and now. difficult because btc only goes up
taking profits is for suckers, hodl but forreal, i hate this whole "we're in this together diqmondhands (bagholder)". nahh, dude we are all our for ourselves, it is not a group effort to 'pump' bitcoin. its low effort bait from when gme was a thing, it seems like a bunch of people have used that fervor to try and get 'apes' to manipulate the market recently and convince them that taking profits is bad
we need fresh fomo going in to get the price up. we're not getting to 100k if everyone acted rationally.
alts will have their moment once btc flattens out
family comes first. i’m not going to take profits until 100k though
as long as i’ve got enough cash flow to live comfortably, i’m not taking any profits. just gonna keep strategically swapping coins that are pumping for ones that are dipping
i am happy to be a part of that
i also wanna be in this screenshot
mom i'm in **the** thread!
i'm kinda surprised it is taken a matter of days, was not the etf announcement on monday?
i buy btc and eth every thursday no matter the price
i too am legend!
i can smell btc everywhere
i'll be sitting back and enjoying, price thiscovery feels so good
dude is posting to get moons the gme thing really decimated the quality of conversation surrounding investing all over reddit
it’s 50. it will either go up or down.
ignore the chart and consider that various characters in the us government are getting friendlier (in some cases very friendly) to crypto. they are giving up on fighting it, starting to embrace it.
probably go up a bit more, dip a bit, eventually go waaaaay up.
shouldn't that be hedl?
i do not mind holding my btc for a few years! it's more risky not to hold imo
oh shut the fuck up it’s none of our faults you’re late
you think the dollar depreciated 120%?
ethereum is the much better investment imo. the tech behind bitcoin has been outdated for several years now, it mostly grows because of being the first coin, hype, and people expecting it to go up ethereum is the network which almoat all of the decentralized apps work on. it does have some issues, but you can also get 5% compounding interest alt coins are hit or miss, i'd say it is much higher risk but much potential higher return (or loss). generally i'd look up the coin and see if it has a unique use case you think does something novel (like ai, secure payment system, etc). that will help you avoid the pump and dumps like shiib and doge, that dont really do anything but have great marketing all in all, do your own research to confirm things and be weary of people telling you which coins to buy. they likely have a financial stake in the game
until it dumps to 63k then all hell will break loose
a lot of institutional investment firms have been getting into crypto recently. i'd imagine a new whale bought up a bunch at once
well said. crypto sometimes kills me, but damn does it give me life when everything goes as it should.
knowing when to sell with profit is the hard part
the only good thing you said was "some"
ath = all time high
feelsbadman. sorry. nothing worse than seeing an opportunity & not being able to do anything about it. i've been there many times.
great, i love pollution too.
i ran out of bullets pretty early. still managed to increase my portfolio by 12% since april. not stellar, but we do what we can.
that math does not check out friend
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bahahah man you sound so bitter and salty!!! i know what drives bigger and bigger prices - worldwide unstoppable adoption + fiat currency debasement nobody acting arrogant - just people happy to profit - and some of us are taking some profits on this way up and others have very low average price for crypto so not everyone loses a ton if it dips to 20-40k
buy now sell at 69k
people who chase the pump: "my time has come"
alexa... play 'wait so long' by trampled by turtles.
ahh yes the "buy high sell low" fomo is the best
i can smell fomo
a day will come when governments start to fomo into btc
that’s gonna take is past
sell later for a quick 50 cent profit
**"it's happening, it is happening. everybody stay calm, stay fucking calm!!!"**
fomo is the best buying signal...for others :p
bull run over. he bought.
hahaha jokes on them we do not care
that guy is a lost cause anyways, lol
he’s not a hodler, he didn’t hodl lol
jim literally sold the macro bottom of the last move. disregard that guy, or inverse what he says and use it as confluence.
some people are influenced by psychological barriers and it shows
and this will be me in 2022 after buying bitcoin today.
it’s 81k in canada right now
for sure, dips are essential on our way to 100k$
4% increase in a couple hours. watch how this reddit trader is outperforming warren buffet!!
my , after doubling the returns on my very light regular deposits. a dippy year later, i'm still up 150%. dca only what you can afford to lose, but do not underestimate where .
it's okay someone here replied he had . everyone will be going for them first.
ok, since you asked, let me share with you what's in my portfolio. eth, btc, link, kda, scrt
or lost it in a boating accident
eth went from like 15 dollars in jan 2017 to 700 something in december 2017. i told my brother in law to get in at . he bought 1000 eth.
4 or 6 cents on the dollar*. fixed.
yes because you would have had 50% more money now if you had bought it for the cheaper price...
"when in doubt, zoom out"
🎶 you're gone and i gotta stay high, all the time 🎶
can't even lose money the hard way anymore smh 😤
congratulations on graduating from our intensive training program ![gif](giphyae7si3lopyj8q)
looks like buy high, sell higher time
right now is buying low, we will see 100k eoy
, it’s a pretty number to look at.
200k is the target, 400k is too much
it is true and there is only 84 ltc, for some reason people do not really consider ltc but actually in comparison to most other top cryptos owning 84 ltc or one in a million is not impossible still. it's a point i thought about making more publicly but maybe people just do not believe in ltc idk. it's being supported in most places that support btc and it is quicker so i might have to get some before it goes
risk management. if you can afford it then loans are no bad idea.
cannot wait for that sweet print of btc at 69420$
any minute now, mom!!
i think they just do not like people at all lol
china bans anything fun.
fuck yes we did
grandson, i was there.
big green dildos, that is all we want!
the least painful one
i feel like when shib pumps, all other alts drop, and vice versa.
100k looks not that much rn
tell my wife i said... "hello".
now i want btc to close the day on 69,420 lol
let us just hope no meme barrier comes up
this gif is my favourite thing in the whole world.
next one is !
thanks man, i still can’t believe it tbh. doesn’t feel real and i’m still shocked at how right all of us are to believe in btc and crypto. to me, and i got a lot of flack from boomers in my office over the , btc(crypto in general, it maybe a coin not yet minted that 25 years from now is what btc aspired to be as a daily payment method) just makes complete sense to either live next to traditional fiat money or replace it entirely (less likely now since even the us treasury is going to create their own coin). still lots of money and gains to be made in the crypto sphere beyond btc and elsewhere throughout the worlds economies. for each golden boat that’s sailed, there’s another boarding, just have to be smart, tactical, and a little stubborn to find it.
last time to buy under 4k is over...for now. hopefully eth also get a new ath.
yep, personally i take a little profit everytime a ath is hit but to each their own
well i am sure we will have our fair share of fomo crowd money, no worries there.
note to self, sell at 99k
still cannot believe we were just under 30k some months ago... crypto is crazy
ahh i love the smell of btc in the morning
i just cannot wait to buy the ath over and over so i can sell it for a loss in a year :)
> dude is posting to get moons >the gme thing really decimated the quality of conversation surrounding investing all over reddit wonder if this was part of their plan all along.
> it will either go up or down. big if true.
is that truly the case? like cold hard facts? i'm not up to date on the crypto news. that's amazing if so.
pamp it to there next stop 💯k. btc train unstoppable
im not late. i’m not dancing you twit.
lol, pick a peak and valley and type dumb shit to me i mined my first coin waaaaay long ago
would you say focusing my emphasis on ether and also investing in bitcoin is ideal?
would you rather invest in starbucks or the coffee hut down on the corner? buying the best of breed of any asset is a good idea. take bitcoin—if you had bought it at anytime prior ti today, you’d be sitting on a profit. why take a chance on something less than the best? how many time does bitcoin need to prove it has always been crypto. all im saying is, own 10x as much bitcoin as you would any altcoin. bitcoin will continue to appreciate as demand increases and supply decreases. economics 101.
i think i'm in no position to answer that question (and you should probably not ask that question to randomers on the internet). personally, i would rather invest in bitcoin or eth and wait it out (plus dollar cost averaging when possible).
thanks man i find solice in this comments
eth would not be a polluter like btc when it switches to proof of stake. i'm looking forward to that.
its something around that, i lost track of it
i was in hex from apr until sept 22, up 2400% while the rest of the market was low and flat. salty? no. if btc decides to confirm this level and go up, i'll make massive outsized gains on the altcoin spree that will follow. i just hate that no matter how many attempts to explain to people that no *it is not global adoption* it is in fact the federal reserve of crypto printing upbacked stablecoins, 2*literally* to only 2 entities. where are the corporate balance sheets proving this global adoption? why is gbtc premium still heavily negative? the global adoption narrative is bunk. btc is still below ath in inflation adjusted m2 terms. i hate that an asset which was supposed to fight the central banks has just become a den of theives and vipers. \*not religious, i just like the language\*
i do not know my sell button
i will buy now and sell at , thank you very much
waiting for 69.420k xd
that is wrong, you should buy at 69k and then sell lower
buy at 69k sell at 420k
sell now, buy back at
i'll buy , so i can take gains at
i made back everything i lost and more !
the number caught my attention
lol. have fun being poor.
by at 69k sell at 420k.
there's a sell button?
psshh wait under end of year it’s likely to keep going up
i do not like 69... i had bad exeprience with it. i'd go with 96k
buy at 69k sell at 42k
tp on my trades at 69420
going to have a huge resistance
69420 to be exact. next stop 8008135
sell now buy back in at 80k sell again at 70k then buy again at 100k ez money.
wonder how many people got sale orders at ,420 lmao
buy at 69k, sell at 420k.
you mean more like sell at 69,420?
i heard, buy high, sell low was the way
you knew all along
also those people after a dip: "crypto is a scam"
this is just beginning real fomo starts at ,420
my time has come to buy
maybe they have already started...
governments are already getting at least 15% of gains from crypto, even if they do not buy any.
we better do that
just the tip, just to see how it feels.
150k just to be safe
lol i do, announce that shit it is bullish af
as long as you’re buying high and selling low, you’ll be good
this is me every time bitcoin hits ath. i sold all my bitcoin for 400 dollars a coin. it gets harder to sleep at night every time...
this guy is from the future, guys
buy in us, sell in canada! instant profit!
buying the dip is my favourite part.
ya this is my first time in crypto and i understand its almost just a slot machine at some times so i'm keeping my investment small till i get the hang of it
it's never too late to get back in my friend. we all wish we had a time machine, but when bitcoin is worth a million bucks in ten years, thats still almost a 20x return on investment for whatever you put in now.
is your brother in law single? i'm not gay but
no use crying about what could have been
now waiting for next news of ath 69k
buy high stay high
buy high, never sell
it feeds my confirmation bias.
imagine the price of btc in bolivar (venezuelan coin)...
i''m thinking 100k is the target for now. after that, anything is possible.
time to nft it.
that day will go down in history
' ![gif](giphy1tyxlexjmylxqpdmc2) the boys after surpassing ,420
i think they don’t like anything, everything tastes sour for them. except money.
but why you bought shiba grandpa?
this right here leaves me speechless with envy. i have so many hobbies it would be a dream to be rich enough not to work again. i do not even want the lambo. just time to pursue my hobbies. well done you!
ada is the new stablecoin since xlm quit that job
that just means you buy more ada until the little guy can catch up 😝
everyone expects . try !
what makes a man turn neutral? lust for gold? power? or were you just born with a heart full of neutrality?
i think next will be . trust me, i math properly
and after that .69!
totally bro. i remember having the same convo back when it just hit 2k.
i've heard "last time to buy under 4k" like 50 times this year
crazy that i just bought bitcoin at , and now eth is there. never thought i’d see the day.
99k will be a huuuge wall, same as the wall just below 69420
- biden speculated to be drafting executive order instructing the entire executive branch to look into it (learn to live with it) - sec chair gensler announces he has no plans to ban crypto - senator ted cruz lauds bitcoin's potential to encourage green energy in west texas - and my personal favorite example, [senator cynthia lummis]( is all in. corrections and details welcome! help me get my facts straight, this is off the top of my head.
you’re mistaken. if you bought 400 at 40k and today it hit 66.8k you’d have close to 650 today.
joke's on you my btc and eth is safe with the nigerian prince
what is this sell you speak of?
"what's an exit strategy?" - u
ah the reverse robinhood approach.
what is a sell button?
it's the button in your exchange app that says "buy"
there's a sell button? 😎
there’s a sell button?
panic buying followed by panic selling is indeed quite a rush
there will likely actually be a meme wall at ,420
buy at 69k, sell at ,069 got it
that comes after... with a little bit of cigarette smoke...
nothing like a good old fomo pump.
narrator: it felt nice.
169k to be safe.
and why have not you gotten back in
yeah and from where am standing 100k looks so close right now , maybe in 3-4 days * sniffs hopium *
same here, began with €40. fomo caused me to get down to €25 thus i stopped for a month to learn the patterns more and educate myself more. recently (± a week ago) bought btc with al i had. got up to €1.5 profit atm
maths checks. all in btc
i mean it might be worth that to someone but govts worldwide arent stupid. theyll roll out their own crypto and this will probably become a black market currency. i doubt itll over take dollars. maybe its a good way to launder it for a min though.
you gotta be insane to think btc will ever be worth 1 million per coin
dude did not say when bil sold, might have sold at .
man, everyone's gay once in a while...
i don’t think he held onto all of it to be honest. i told him it was a good opportunity and he believed me but he was one of the people in my family that didn’t see the big picture. it’s ok though, he makes like half a million a year doing his goddamn day job.
the venezuelan bolivar fuerte was actually replaced in 2018 with another called the bolivar soberano which is far far less inflated at the moment and is currently around 1 usd to 4 bolivar soberano the current most inflated currency actually in use (or more like has not been officially replaced yet) is the iranian rial which is 1 usd to around 42,000 irr the price of btc in irr is 2,815,128,034 as of the this comment
937.882.857 indonesian rupiah at the moment, almost 1b
i’m not certain that is sound economics? i think perhaps it’s tantamount to purchasing a super-yacht (whatever they’re called) only few people can get them, but that doesn’t plummet the price of said yachts. i’m thinking is pure supply and demand - coupled with the fact btc is divisible to 8 decimals - there could be 10 solitary bitcoins not being held and that - assuming demand - causes price appreciation. i am, though, interested if it’s accurate on any other system - where price drops simply because too few are available. idk! ¯\\\_(ツ)_/¯ thoughts?
and sell it for about... 69420$
let see who mint it first.
' me and the boys rn
did this today. last good buying opportunity i could see
100% not even trying to dose you with hopium; i am a firm believer of 300k this year
whatever it takes to get people selling again is what the price will do. personally i think many hands are stronger than they have ever been, and a major supply shock is possible
thats the hopium i need.
cannot wait for 420,069$
i think that drop to 1700 after it hit its current ath is actually the last time it’ll be under 2k.
i'll give you a new one: rare chance to sell over 4k
just bought more. buy high never sell ![gif](emoteemo_pack_1dancing_wojak) ![gif](giphy3brdkvjkikyw4)
something you dnt want to do and should not with btc
hello customer care ? i cannot seem to find the sell button on my app diamond fucking hands
i only know a buy strategy... and that is buying at ath's
plot twist: bogdanoff pamps it from there to 420,420 straight up
can't wait to get a screenshot of the meme wall in the depth chart
not if we all set up purchase orders at , we can blow right past 70k
there is not, i just checked on coinbase
gotta buy high and sell low.
and the tracking, virtually ensures that they cannot be used as money, and thus not develop into money or stabilize in price.
i’m all into eth and shit coins now. come to think of it, i held several hundred eth at one point a few years ago as well…...
she must be worth 100k somewhere in the world, mr future fantastic. may those sweet hopium predictions come true.
i do not see that happening honestly. i mean sure, countries might make their own digital currencies (i wouldn't call that crypto), but regardless of whether they do or dont, they certainly wont relegate bitcoin or other cryptocurrencies to strictly black market money. i see bitcoin becomming the new currency reserve of the world, replacing gold and the us dollar eventually.
12 years ago, people would've said the same thing about it reaching a dollar.
i mean, it is already worth 25 million zimbabwean dollars, so hitting only 1 million usd should not be that hard...
you just need enough inflation
it's not because bitcoin will keep going up, also us dollar will keep going down. those two energies together can put bitcoin to any price imaginable.
hodler . what nerves? had a nervous breakdown lol
1x = curious 2x = experimenting 3x = ready for the tiara and member's card
you think btc is going to have a market cap of 5t by the end of the year? a number greater than the next top 3 combined?
imagine the insane amount of attention and speculative mania that it took to get things to . and you're saying that things will go literally 5x higher? how people cannot even stop for a second and think about the ridiculous things they believe
get high, never sell!!
*prince man, give him some respect, he has reigned over the lands of nigeria and zambia
when you can’t sell your eth because it’s locked in the upgrade on coinbase and has been since before the ath. 💎🤚🏻og
when you cannot sell your eth cause you cannot afford the gas fees forced diamond hands
can confirm i'm on shibaswap
people are probably still a bit in shock, expecting corrections, etc. but well , this is crypto you never know, we better get on it now, shouldn’t we? 😁
i think it is to late to make it a "black market money" since everyone can buy bitcoins from major institution.
bitcoin will never replace the dollar, transactions are way too slow compared to what's already available now like visa.
people actually use gold though like in real life
"we put a man on the moon, so i do not see any reason why we cannot put one on the sun."
you’re on drugs if you think the us has inflation that is that bad 🤣
i'm 500 and gay is gay.
lol. i can’t argue that. for reference i am an accountant, but try to always keep an open mind - otherwise i’ll be just another internet asshat. thanks for the dialogue!
one step ahead of ya!
sell at ,000 buy more drugs.
buy high when you’re high
i once bought doge at 5c when i was high and drunk, best buy in my life
*stoner investors do not want you to know this one trick to generate 69,420% returns*
he blessed the gains down in africa.
that doesn’t stop governments from outlawing it if they want to.
it would only replace it as a reserve currency. many countries and financial institutions around the world actually store their cash reserves as usd, not their native currencies. in terms of what could possibly replace usd in day to day transactions, probably the yuan. not for many decades though.
you clearly miss the whole premise of bitcoin. it was created in order to take the money supply out of the governments hands. they already print cash like no tomorrow. if they are in control of a “blockchain” we all know it will be a centralized blockchain that they will be able to freeze certain peoples funds, move people’s funds, have full control over supply, etc. it’s no different than the current system except for the semantics. why would they create a *true* decentralized national currency? it would just be another altcoin but with a “made in {insert country}” label slapped across it.
i'm gay and 500 is gay
bullish on not selling
a currency without authority is just specie
*tax accountant specifically. and you can be. in fact, little known fact - unless you are looking to be a cpa (which is wholly unnecessary) one can be a general accountant, a bookkeeper and even a tax accountant without a specific degree (other than hs or equivalent). in fact there is a huge shortage of qualified tax accountants in the usa - and in decline. yet most of those self employed like me can make 70k-140k per year - and only working about 10 weeks of the year. tis one of the best kept secrets! edit: of course you’ll want to like the job - which i happen to. but if numbers are not for you - avoid at all costs. otherwise it’s a skill you can pick up over time and start your business slowly. no overhead - well, almost no overhead. if you are interested, pm me and i’ll share some data i give to my staff that can help you learn. :)
i believe you are misunderstanding 2 important concepts. first is the concept of “authority, and second is the concept of “currency.” i don’t feel like typing a novel, since it won’t change your mind anyways, but i’m confident you’ll see things differently in the future. best of luck mate. 🤙🏾
it would not take that long :)
i guess that is one way to not worry about sanctions.
wow this post headline is so misleading. rouhani also said: "iranian president hassan rouhani called for the establishment of a legal framework for cryptocurrencies and **warned consumers of the risks in the industry**. ... investments in crypto are risky and “unprofessional entry in this field should be avoided.”
crypto: the new legalize weed
for our western brothers and sisters who are curios and oblivious towards iranian crypto situation: in iran, crypto is already essentially legal. if you want to buy or sell crypto you need to sign up with one of the authorized traders [personally i use nobitex and bitbarg] it is estimated that about 7 million iranians are in crypto already. mining is also legal but in hot shit right now as iranian power grid could not handle the load and lead to outages and physical damage. because of this legal mining operations were ordered to shutdown temporarily to ease the power load. however there is lots of illegal mining [power stealing, et al] that the government is fighting against. multiple countries actually have mining operations in iran and the power cost is different for registered miners. there is some fud going on and even in the government there is uncertainty towards crypto. nobody knows what will happen and things can radically change. there is a crypto foundation in iran backed by almost all major banks and their dev branches. they have a coin called peyman [pmn]. [check it out]( following a thisaster of a shitshow in iranian stock market, lots of people are looking into crypto right now. this is of course both a good things and a bad thing as there is lots of misinformation amongst the general public.
we have the very best on our side do not we lol
and just like that the us is going start pushing for even heavier financial regulations now. we're just pawns of pawns.
legalise? i was unaware that cryptocurrency was illegal anywhere, surely he means utilise
*celebrate the action, not the regime* applies once more
this kind of stuff is fucking surreal to read man... i remember frequenting the r... impossible. yet here we are. my god. some of those early guys on there were absolute fucking visionaries. incredible. *exactly* as predicted, 8 years in advance.
anyone else here worried that us and probably uk will not tolerate these countries getting out from under and will go to war to protect the dollar?
any nation on the receiving end of us sanctions should go this route. here's to the dominoes continuing to fall.
iran is last country what i want to get involved into that as us would not like it.
talk about the laundering and financing abilities of corrupt and illegal activities globally...
iran's president for us president 2024!!
what bothers me is world leaders thinking that we need their permission in the first place.
interesting. as a us dude...if i was in their shoes always subject to sections, id do this too.
as an iranian, i would say iran has a huge part in the mining of bitcoin, because it has cheap electricity and even other governments like china, turkey, ... maintain some mining factories in iran, and iran is supporting this cause because of the sanction, and even so, the people are buying lots of cryptocurrencies, because the rial currency is super weak in this sanction period. it's good but i am worried about side effects, even if i have doubts that maybe there is a relation between these activities and bitcoin price. why? imagine you are a superpower country (usa) which you can choose which country can access the international trade market and which country not and you make countries wealthy or poor, and you suddenly understand that you may lose your position when your "enemies" are using cryptocurrency to defeat the sanctions, in conclusion, you cannot bully the countries.
no faster way to get crypto regulated
yea that went so well for venezuela’s petro
he sure knows how to piss off the international bankers.
how long before the us starts starting wars in these countries? they've done it before when a country tries to get away from the dollar.
so us is going to ban it now?
man, idk about everyone else but: more widespread adoption is great. love to see marginalized people and people in totalitarian regimes able to possibly make more money and possibly spread their art. leadership (no matter how bad or controversial) making moves to actually help their countries.
yesterday el salvador, tomorrow iran. soon the world.
idgaf about what country are you. you choose bitcoin, we love you ❤️
mass adoption has never felt so promising!
crypto is *still* not a currency. it's a speculative asset, whose only difference to gold is ut physically does not exist.
this just in : iran starts using crypto to trade oil incoming: usa says iran has wmd needs to attack and westernize iran and puts own puppet regime in
crypto creating a free financial market.
looks like cardona will be the national currency of iran.
i wonder if us will invade iran when they start selling their oil for ether. yes, ether. remember btc is for gold, eth if for gas…
bitcoin and cryptocurrencies are a way for countries under us sanctions to break free from the grip of the dollar system. more and more countries will seize this opportunity.
us gov: i'm gonna bomb it again
good. out maneuvering sanctions can financially benefit the people of iran.
you're all going to downvote me for this opinion. but these countries wanting to adopt bitcoin. el salvador, 70% of people do not even have a basic bank account yet people are celebrating that el salvador are adopting bitcoin as legal tender. no normal citizen will be using bitcoin if they do not even have a basic bank account, how the hell are those people even going to get hold of bitcoin? this iran thing now, its just to get around sanctions, enable criminal activity and corruption to a higher extent. these countries adopting crypto is terrible for actual adoption because the westernised world who we actually want to get on board will literally use these examples as a arguement against crypto.
and thus making it way less likely to be adopted in any western country.
this article is literally [the only place on the internet]( where google finds the quote it uses as a source. do you people research anything? downvote this!
the dominoes are falling faster than i expected after el salvador.
let's welcome more countries to the family.
due to america's sluggish nature from being such a huge moving unit, we will fall behind the power curve on the most important economic shifts in history. this is perhaps the best opportunity for early adoption.
today in: well, that was unexpected.
more bullish news yet price is bleeding, there’s been more good news and adoption than bad lately. bear market confirmed?
guess its always nice to have a bigger part of the world joining the crypto space. i really hope theres more to come sooon and even some more western countries should consider changing how they handle cryptos :)
i to want to use crypto only to avoid my gov sanctions tax tax tax tax tax “so i think since i paid taxes maybe we cou” “stfu you r a nobody racist homophobe bigot incel pay your tax!!”
that would be epic
guess i shoulda move out of the us.
"defi will come from the outside in and it will flatten you" u
american government crypto regulations incoming…
ha, he wants to destabilize the dollar.
well guess who is going to be public enemy no1
a lot of countries are legalizing crypto now. can't wait for every country to be able to legally buy dot and xdb especially since the whole ozuna and orlinski nft drop with zytara
good. i hope this allows them to maintain some kind of economic stability in the face of unjust sanctions designed to keep them angry at the west to justify more sanctions and to keep a boogeyman out their for republicans to vote republican on.
maybe a hot take but this is probably bad for crypto. gives western nations new reasons to hate crypto (sponsors terrorism and similar arguments)... going to be heavy
hopefully more middle eastern countries emerge as leaders in this burgeoning cryptosphere
not to mention dealing with the inevitable stock market crash….
bitcoin is going to single handedly stuff our military and rescue the nations we are bullying. our government is officially over and the dollar is officially not the global reserve currency. it happened june of 2021. what a year. we will start up our own elections using ethereum and we will do what we want from now on. the supreme court, the senate and president can be ignored. what the block chain says is what we do. majority goes.
just a way as with other countries, of bringing in foreign money to the country stifled by sanctions because of their terrorist actions. the common folk wont gain a penny by this its all about the rich uneducated fundamentalists trying to control others.
cool.less economic sanctions possible more wars.nice.
this is the opposite of a endorsement.
if this doesn’t legitimize crypto, i don’t know what will
well that’s bullish. crypto goes “nuclear”?
that’s it boys, i’m moving to iran.
awesome for the iranian people. but do not let the us hear it.
nepal needs to be next
so usa will have to ban crypto to keep enforcing sanctions?
maybe iraq and north korea will do it next!
what a forward thinking, progressive nation. stone women to death for adultery (or in some cases being a rape victim) while you buy. your crypto! fantastic.
iran never fails to find the perfect way to piss off the u.s. i just love it 👊😂☝
are cryptocurrencies illegal in iran right now?
this can be a huge news, if cc is legalized other muslim countries might follow iran as well.
the bitcoin standard podcast recently did a good episode on crypto being halal. there is some good work being done in that space. personally, i can’t wait to live in a world no longer “policed” (dominated) by the us empire because it no longer can. this is a great move in that direction. edit:
right after he eliminates all the gays
el salvador and now iran?? two great countries that have absolutely no need to legalize a currency in order to evade sanctions. if we can just get n korea and somalia to jump on board it will show how legit we are!
are y’all not slightly worried that only 3rd world corrupt regimes are legalizing crypto? isnt this going to encourage first world countries to ban its use in their countries? i hold btc, so im not a shill. just genuinely curious.
although i appreciate his enthusiasm, these things take time. a rushed project is a bad project.
ding ding ding ding ding... world realising usage of crypto
possibilities are really fascinating for a world not denominated in dollars. the us has benefited a lot economically but morally it has bankrupted us.
didn’t he just ban mining it due to all the blackouts?
best way to pay for radioactive material is with radcoin!
israel will now use their pets in the us congress to begin regulating crypto because of "terrorism" (aka iran being allowed to exist).
never thought iran would have more progressive leadership than our politicians in the netherlands.
so now the country that chants "death to america" we're rooting for? the fuck is wrong with you all.
why the fuck does reddit have such a hateboner for iran? this is 100% a good thing.
this isn’t really a good look. it’s iran. a terrorist nation that also moves weapons, humans, drugs throughout the middle east.
buy enough of the top 100 coins iran. setup some offshore wind farms making hydrogen fuel. that will send the proper message to the west.
we will see if it is just talking or they are going to do as fast el salvador.
tldr; iranian president hassan rouhani has said that he wants to legalize cryptocurrencies as soon as possible. he added that cryptocurrency investments are risky and "unprofessional entry into this field should be avoided." iran has not implemented any regulatory framework for cryptocurrencies, but last year it changed the law to use bitcoins for imports. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
as a lebanese, as much as i hate the iranian regime, good for them to use crypto
i guess to answer this the us is going to try to ban crypto currencies now right?
well, that might be the end of crypto...i can hear elizabeth warren calling crypto a terrorist weapon now...
so what he is going to do with that? convert koran into blockchain? or buy the bomb with it? iran's govt can do only two things: kill non-muslims (and not right muslims) and tell about islam. so, they even would not understand what cryptocurrency is, cause there is no a word about it in koran
i wish it was just one not crazy country that wanted to legalize cc as legal tender lmao next one north korea? bielorussia?
this is what i been saying ever since el salavador... lebanon next! then more countries with high inflation rates follows. this is the way!
...bullish? here's comes america with their btc is not permitted as it funds terrorist states. well fyi, so does the american dollar. sheesh.
the us is going to start invading and attacking a bunch of countries again. anything for the petrodollar house of cards. can't stop crypto though, no country to bomb. .
good for him. who would have thought iran would allow more freedom then other countries
if my country was being paid with them through ransoms, i want to legalize them too.
pfff yeah prolly only gana legalize safemoon
i think vet has a great future in the new world of crypto.
right now, it looks like it is usd and rmb vs the world. ain't that ironic?
well there is already around 5% of the whole bitcoin mining worldwide done in iran, so i do not really know why they would legalize it now
anxiously waiting for non investing
so much promising news lately indicates a bright bright future
the mass adoption is here...
he was high when he said that...
only the one mined in iran?
the devil's double part 2 coming soon
and then the us will use this as an excuse to not legalize crypto
do hezbollah and hamas have coinbase accounts?
this is the game theory of bitcoin* inevitability playing out. i'm not sure what took him so long to come around. but all the new defi offerings (interest on deposits, loans) must really be appealing to countries under the us boot.** you think the establishment hates ransom hackers, wait until you hear them criticize defi *actually now, crypto inevitability ** the oppression of the iran regime on its own people will also be met with crypto work arounds
didn't they just ban it a few weeks ago?
so we r expecting a crash with so much good news right?
legalize ranch already man
but the president has not the deciding power in iran so there’s that.
meaning it is illegal there right now? this is not the same as an official currency. bear in mind iran has its own currency, they have a central bank and are not reliant on the dollar. going all in on crypto would likely affect their ability to perform monetary policy, which is not going to happen.
then why not do it
i wonder what self centered reason got him so motived
if the west wanna stay relevant they’re gonna have to follow suit and cut all the bs regulation they currently have in place.
why are authoritarian countries the first one to make cryptos legal tender?
oh boy, just the excuse the us needs to bring freedom over there!
“president “ ok sure
it seems to me that the people pushing to bring cryptocurrencies more into use in countries (the politicians at least) are one of the strongest arguments against it now.
domino effect from now on
so what's stopping ya there, bud?
well of course he does
so many good news for crypto but markets are tanking. how does that make any sense? are we too early?
if he is the president, cannot he just do it instead of talking about it?
is the big change coming??
no more oppression for g7? yeah, bet they will all jump on board
like many other "news" on this subreddit, big if true
lol. this is a next level troll. you cannot use crypto without supporting iran if this happens. how they gonna ban trading with iran on the blockchain?
anything that hurts the dollar will be welcomed by iran
yeah, because their economy is fucked and they are desperate.
not sure i like the “if the iranian president likes it, it must be good” argument. love crypto, this might not be the best way to promote it
the floodgates are really opening in terms of adoption
probably a move to piss off the west and try to negotiate some of the sanctions being lifted.
they want in on afghanistans partnerships with lto and ftm
if it is not currently illegal in iran then the steps to legalize it are simple, do nothing what they mean by legalize is regulate and control.
interesting, just watched alessio this morning about iran hyper inflation
and what exactly is stopping him from doing so ? he's a dictator anyway...
people thinking of moving to iran?
then just do it...
arabian nights, like arabian days baby
sooo why not do it today!
do away with the petro dollar and mainstream petro btc.
is this legit news? i havent seen this on any reputable news source
this makes a lot of sense for them. the more alternatives for currency that they can trade their oil for, the better. the usd being the petrodollar is kind of fucking with them right now.
great, then the us government will come down full force on crypto
this will make the us ban crypto.
referring to the new phenomenon of cryptocurrencies and its requirements, the president added, "the responsible agencies in the field of capital markets should cooperate with the media and cyberspace in the field of information, education and public awareness about this phenomenon and its instructions and laws”. dr rouhani clarified, "the mining of cryptocurrencies is strictly prohibited until the end of summer, and the ministries of communication and information technology and energy are responsible for cutting off power to these centres”.
um, cool? who's next, kim jong-un?
what's stopping him? what's currently not possible?
i hope they understand. this will give them more freedoms more than any nuclear bomb would.
well, that’s a fucked amount of money.
and yet sideshift is still outlawed in iran.
it’s starting to look like me the beginning of the big crypto push. iran, china, and russia have been hungry for an alt-dollar, and this could be their big move.
administrative state has got to be panicking hard now
i think more country will learn to accept crypto and i see btc, eth and other defi token as the first that will be accepted before other. glad i'm holding both and also looking at getting bxx, a decentralised banking project that will give interest free loan. this is really some good news to wake up to on a weekend.
for what reason is as soon as possible not now?
they all say they want to, but not many actually have the guts to do it.
oh look, another race to the bottom post
there's somewhere here we are not being told that makes me suspicious.
lol i'm sure he does...
that's good. crypto everywhere!
that's great i guess but i cannot not see that photo and imagine him saying 'death to america'
there goes the iran bitcoin mining fud. rip alts
this is not going to help crypto or their holders. ugh
north korea has entered the chat.
‘legalizing’ it sounds like another word for regulating and in iran that means direct government intervention. i am not sure this is necessarily good.
of course he does. crypto would hurt the usa a lot. it removes the power of the dollar.
the number of illegal cryptocurrencies in iran is too damn high!
btw 5% of world btc mining is happening in iran!!
didnt they just ban it like a few weeks ago?
no no i think the biggest problem is literally everything else, there is insurance. hope your policy is up to you when you're my age" if i had the audacity to complain about something, and knows that shes wrong, but are not paternity tests made after the crash?? even if the infection was mammal only, the containers wouldn’t think anyone’s who’s speech and actions are more like a dog so i am her eyes. actually she is blind and i help her get around so i am essentially permanent president if i have a particular set of..." *checks notes* "midi-chlorians...?... george, is this beef cake wearin lil slippy's?
watch the united states fund a war on iran
he is the fucking president, he could do it tomorrow if he wanted to.
hamas and hezbollah def bullish on this.
why is it even illegal then?
🙄is anyone else sick and tired of hearing what countries want to do with crypto? i mean, shit or get off the pot! it’s that simple.
ah, hit us with the ol’ ‘soon’
now they are all going on the opposite way of what trump said.
i wonder if iran is using crypto to avoid sanctions like nk.
well that’s good for the crypto community…right??😂😂😂😂🤪
that's funny because his term will end in 6 days.
subvert us dollar hegemony...and do it now!
it smells of desperation. just give the iranian people a say in their country. the prophet always insisted on this. are muslims? really?
this is what’s on their mind rn? i feel like there are... more... pressing issues
"i just need to be able to control it first"
possible down side is if this happens in nations like iran or nk western civilization will immediately start making it illegal and harder to get.
we need more of this.
this just means western countries may start to view crypto as more of a national security threat. not good news
til cryptocurrency is illegal in iran?
no don’t, i don’t need more competition for a damn 3080
yet arresting miners ... interesting !
our gov't will be used against us in the future.
pack your bags hunny!
can someone eli5 why some countries want to adopt cryptocurrencies asap (as many news stations say)?
we have huge blackouts cross iran and many people speculate if „sepah“ (paramilitary force) is mining bitcoins. anyway it’s not a good news for crypto currency’s if iranian leaders start to mentioning it. they just want bypass the sanctions and support more terror groups around middle east
this is absolutely horrible thing if you’re a cryptocurrency holder. do you think they will allow iran the ability to have unfettered trade or finances? regulation is coming. watch.
good choice better than any other currency!
wen line go back ⤴️ ?
the floodgate has started to open.
a good way to find terrorism too...
imagine having crypto before human rights. what a time to be alive.
god damnit…now the us definitely gunna butt fuck crypto
crypto nerds getting excited their favorite speculative asset will now be used to circumvent sanctions and fund terrorism.
as soon as they get connected to the internet and that could be soon
man's just trying to get around sanctions any way he can
he's definitely an xmr fan lol
well, ince the us suck their d, soon the us will allow crypto in their country as well
lol i'm sure he does
welp, iran’s going for it… we’re now approximately 2 months away from all major western governments banning all crypto currencies. lol as if they weren’t already beyond pissed off with bitcoin deepweb marketplaces. enjoy it while it lasts.
western governments are going to look at this and then declare there is no way they are going to support these rogue crypto currencies that are supported by despots. it's a no win situation
they’re really gonna blow up now
it wouldn’t be long before us invaded to destroy their mining centers in the name of ‘saving america’s climate’
he just wants to piss off the us. if america had given crypto full support, he would’ve called it evil
i think iran has a lot more to be worried about right now 😂
of course he does, the pressure is working!!
legalising crypto currency is a middle finger to the us dollar. becoming nuclear is not setting well with the israeli bitches. bye bye iran. for whatever you might do that would require 'intervention to liberate the people.'
lol. this is not the kind of advocate you want for your alternative currency.
quickest way to them being regulated
wowww adoption love to see it
damn i hope theres no oil inside these cryptocurrencies 😬
im not a grammar nazi, however i wish you had put iranian. it would read a whole lot better.
as if he could stop them ... haha
i mean... it’s adoption right?
this is huge news for the whole crpyo community 🙏👌
fiat currencies all over the world are being debased into their intrinsic value. iran’s currency is significantly debased. el salvatore just voted yes to bitcoin being legal tender in their country. i wonder how the imf is going to react.
photo is of the "supreme leader"... not someone's advice i'd personally take lol.
petro dollar vs bitcorn
cause they are sanctioned up the ass... fuck iran.
do you know terrorists use crypto for their fundings. of course he would want to legalize it asap.
absolutely corrupt leader sees big opportunities in crypto. this is not good news for crypto.
say good bye to bitcoin, guys. new world order will not stand for it.
"legalise" yeah. probably means sanctioning and monopolizing it from the citizens.
are we pretending the president of iran has any legal authority to do anything? why? his job is to be a figurehead and talk. the grand ayatollah wields supreme executive power in iran.
again one of those posts where we tout the positive words of someone who probably does not understand a thing about blockchain and crypto, while using this as an argument for any negative outlook comments.
buying doge will really stick it to them
was it ever illegal in iran?
fuck yeahhhh. lets get back in the business of underground transactions.
smart way to go, iran. cryptocurrency is the future!
there are only 3 reasons for iran to want to legalize crypto: 1. they will make a killing with their technology wizards they have 2. it will be easier to finance terrorism 3. it will be easier to get around countries that try to block their trade
"there's a lesson here and i'm not going to be the one to figure it out."
i love how countries want to make their own cryptos now. "hey you guys know that unregulated currency you love because it is not monitored by the govt? well you'll love our new government controlled crypto!"
the country that is internationally famous for constantly trying to secretly finance terrorism is on board with crypto. how predictable.
where can i learn about cryptocurrency. i live in a third world country, and i'd like to make atleast us. that'd mean a lot, even though it looks like it is nothing.
i wrote this 17 hours ago and it was voted down. the energy used mining one bitcoin, is more than 28 tonnes of coal. i think that is what she means. only 30% of bitcoin is green. that's a lot of coal being used. dont fool yourselves. bitcoin is dirty. it's no coincidence that iran, nigeria, venezuela, russia, and china are all fossil fuel producers. all have big mining of bitcoin going on. for iran to stop or ban mining, does not make sense. iran has a devalued currency, oil and a decreasing oil price. as the oil price drops, or the bitcoin price increases. the temptation to mine more bitcoin will increase. so bitcoin is dirty and can help regimes. oh yeh did i explain how it makes the poor poorer? in many ways. the first being that a digital currency is not great, if you cannot get internet, or own a computer, or phone. so bitcoin is dirty, helps regimes and make the poor poorer. lets not fool ourselves. a brilliant piece of code has and will cause a lot of damage. bitcoin was 100 years too early.
fuel for the next round of fud.
awesome!! it will fund there death to america campaign !!
they still throw rocks at gay people until they are dead over there. but yeah hopefully they legalize crypto.
seems a dubious plan
atleast someone got the balls to step into the future...
the current administration over there wants to crackdown on crypto though. hopefully it would not be the case. i mean, 1 usd = more or less 25,000 tomans.
not sure terrorist countries’ approvals are what we currently need the most now.
crypto getting shadier and shadier.
lmao using crypto to bypass sanctions is not good. sanctions are the only things that prevent outright war
who cares what this guy say...
so we'll be getting an nuclearcoin soon?
crypto has been used to fund terrorism and iran hates turkey. turkey made crypto illegal.
glad that more countries are trying to make them legal tender, will definitely help both the cryptospace and them in the long run
*i go to iran*
this is so bullish...
will play right into the us hands, like iran accumulate lots of btc, then crack down so hard that it tanks in value and loses iran untold amounts of money as their billions in crypto become worthless. the us could kill the value of btc overnight if it wanted to.
dollar is in trouble...trouble...china is making their own crypto currency ... maybe the usa will abandon their growing anti democracy and fascist policies and their police and injustice system apartheid policies since the inception of slave catchers ... how much interest can you earn on a dollar in a financial institution?
very convenience for nuclear head trading. good job, mr president :)))
honestly this reads more like bearish news to me, iran is the second last country in the world i want to represent crypto adoption. next up we hear north korea and bitcoin will be dropped like a hot potato by all western institutions.
fastest way to get crypto banned... have "terrorists" use it to fuck with the powers that be.
interesting and very good news for countries under economic sanctions or with shitty fiat. but maybe bad news for crypto investors in the “western” world.
this is not good news…
wait, did not they arrest some miners recently?
this will end well. us were super pleased last time iran said they refuse to use usd for oil.
lol at people thinking this is good news. you want us crypto regulation? news like this is how you get that.
why are you all interpreting this as bullish news? it should speak volumes that crypto's main adopters are criminal elements and tyrants...
says the dude that persecutes people for not following religion
also: iran president is looking for new ways to plunder his country’s offers “as soon as possible.”
i'm worried. this is not great news. regardless of anyone's opinion, this will lead to much more scrutiny and regulation. i hope i'm wrong
big bear news. this will make the us intelligence community start to see crypto as a national security threat.
this sub is fucking hilariously stupid. i cannot wait to watch crypto eat shit.
why are all the dictators doing this lately?
what a great way to fund the mosques in the western part of the world
like, i know the enemy of my enemy is my friend and all, but this just not the kind of endorsement i was looking for.
so when the crypto currency crashes or gets hacked... a it will inevitably do, will the economy crash with it?
i actually read a post somewhere from an iranian artist. he wrote that nfts were the first time he made any money from his art since his market was international now, and not effected by export sanctions. this might end up making internal voices in iran more cosmopolitan.
crypto opening up markets for people that the government's action closed. fuck yea. i feel like that was the dream crypto was created for.
that's exactly one of the reasons entities like western governments, imf and cbs will keep on opposing crypto and btc for some time yet. usd, eur and co is their main geopolitical leverage. their interest now is to transition and even bolster it in the shape of cbdcs, first of those are coming as soon as next year.
it's a way to protest against the american dollar. soon, north korea...
i am always for a free and open market, everyone should be able to participate.
so el salvador does it = good iran = bad because of propaganda from the fake news?
i know this is a crypto sub, but this probably isn’t good news for crypto (at least in the us). my work is related to anti money laundering , and sanctions violations are a huge deal. no us-based company is going to want to dirty their hands with this unless there’s some overly strict kyc regulations put in place for crypto. especially in the banking industry which is where we really need more crypto adoption.
fastest way to get crypto banned by the big boys as well.
buying things with a different currency won’t allow people to ship them to you 😂
iran must get ready for a full fledged war against west. they can’t afford to let their currencies get devalued.
it can undermine the us' unlawful economic warfare that it inflicts on those that resist its imperialism, which are intended to harm civilians. [for example, the us' sanctions of iraq in the 90's killed 500k children alone.]( this was the intended effect. you'd simply have to be thishonest to refute that american foreign policy is not genocidal and not crimes against humanity.
>and biden took that personally
the original utility for crypto was for money laundering and other illegal activity. it is inefficient as a means for day to day transactions and bitcoin in particular has constraints in the number of transactions and the massive energy consumption per transaction. forget stopping global warming if bitcoin transactions for day to day purchases take off as some are promoting. there is also no underlying value to crypto currency and it is not backed by any assets or governments. it is a currency created from nothing, out of the ether. it is no different than printing. it’s value is based on many pumping schemes and the last coin purchased, not unlike a ponzi scheme. it is written seriously about in the press as there are many wealthy self interested parties involved. can someone make money in crypto? absolutely - it’s called the greater fool theory and with the amount of crypto pumpers out there who knows how long it might last?
i wonder then, if biden at this weekend's summit, will denounce crypto.
sharif don’t like it.
came here to say this. this is going to be a way to avoid using usd and avoid sanctions. but nations are putting too much trust in a private currency. it can easily to stolen to lost. and fbi proved that it can also be hacked and recovered. so that’s not too promising.
now we have to worry about the us banning it.
iran already provides like 5% of the btc hashpower for this reason
this is good for crypto.
yeah, i was thinking this would help them get away from us dollar influence. i imagine that’s one of the key reasons the states are so against crypto, loss of their currency monopoly.
also one quick way to have america try and ban it though .
illegal sanctions enacted to protect our apartheid you mean
they have been dodging sanctions for crypto for at least 3 or 4 years
when you give people the ability to break free of their chains you can’t be surprised when governments use it too. those same governments are handing their citizens the keys to their own freedom. short term losses are worth long term gains. have faith through the turmoil.
the mental gymnastics this sub does to provide any kind of positive sentiment is hilarious that plus the fact that most people here don’t ’t read an article anyway makes it one of the biggest echo chambers on reddit
how about we actually legalize weed first before leaving it behind
we still need a lot of states to hop on that train too!
thank you! it's always so nice to hear from someone from the actual country.
isn’t it iranic, don’t you think? a little too iranic, i really do think.
> iran to make its own crypto you joke, but in the past they [were]( busy with it. not sure what came out of it.
tyranic coin it is
they can follow dubai's footsteps.
qoqnus foundation's peyman coin is already here
i think they will most certainly make a halal coin.
more like ironic coin lol
iran name is an open door to so many jokes
they want to to make crypto currency legalized, but arrest miners still.
if you can’t beat them, you join them
were they the miners that were caught stealing the electricity from the government to run their operation?
mining is 100% legal in iran. only people who were illegally mining using stolen power or otherwise causing outages were arrested and their miners confiscated. edit: also the government has instated a temporary cease of operation on mining because of it is damage to our power grid
agreed they attested them, they probably found out how much they were making and realized what this could mean for the country. sometimes weird does not travel very fast when climbing through the gov't chain ladder
what do you think the government is planning to do with all this mining hardware they seized?
pops ayatollah needed to run through the process of mining his new currency himself, what do you think
it is no brainer for countries sanctioned by us to jump on crypto to try to evade the sanction. next thing you know crypto is getting liberated.
what if i told you, the reason countries like iran are vilified is because they do not want to support the us military industrial petro-dollar scam. thats also exactly why they accept crypto.
cryptocurrency is all about decentralizing power which is why authoritarian regimes love it.
the bigger story here is that iran uses crypto to circumvent sanctions. ...which is going to draw the big ban-hammer against crypto in the west.
i’m starting to worry that this action will start being viewed as what these regimes do now. we need some healthy governments to adopt soon before the perception of btc is knocked back to “used by criminals and *dictators and supreme leaders* around the world”
i hope that does not become the theme song of crypto adoption.
sounds like a great way for the us to completely crush crypto. you think they will be happy these countries are getting around their sanctions?
the "action" is that iran can bypass international sanctions with crypto. they can build nuclear weapons with fewer consequences and more easily fund terrorist groups. thats not good either.
you know, the dude actually started out alright too, improved relations with the west, appointed a female to a position of power, and got a bunch of un sanctions lifted. once that money started to flow though, his regime took it and he showed his true colors and proceeded to kick his people back down to worse poverty levels.
it was amazingly obvious that american "enemies" would love this remind me of the dudes who guessed el salvador would lead it all
time flies, and only time proves visionaries weren’t just insane
yeah, fuck the usa imposing his blood dollar and fucked up economic system on the rest of the world.
this looks a very big life hack
north korea could give iran a run for that position.
i run from iran
yeah this is like middle eastern elon musk
the main selling point of a decentralised cryptocurrency is that it can run independent of whether or not a powerful individual, or government- such as the us- likes it or not.
you must be invested. that's what i'm waiting for, the united states to make a major announcement regarding regulation of crypto. i think it will shoot the market down, but then it will bounce back. i believe iran is doing this to avoid sanctions, as well as trying to weaken the dollar. eventually, the us will respond
fuck us and their sanctions
it's actually the exact opposite. most cryptos use a blockchain ledger to record transactions, including and especially bitcoin. every government agency worth a damn has been able to use this to track payments everywhere for nearly a decade now. there are some crypto-currencies that are supposedly "completely anonymous", but they are not in wide use and i seriously doubt they will be. besides, nothing beats the ubiquitous usd .
honestly i'm more concerned about the illegal operations being covertly run by major banks that are waging global warfare on economies. or the tax evasion of major global entities. what's worse putting 90% of the world's population into poverty where they cannot afford health care or propper nutrition and education, causing billions of people to have a substantially worse life and short lifespan and watching their family slowly suffer. or watching criminal enterprises fight and kill thousands of people over control of power. criminal enterprises will always find ways of transacting value. the biggest thing that could be changed is the war on drugs.
all gods people said amen
no law pass yet... these guys are just wasting our time now. go el salvador!
jokes on you, you can bomb the country but you can’t bomb the crypto
don't give them ideas
i’m gonna end this man whole career
you’d be very surprised to learn that while many don’t have a bank account, a lot have cellphones and laptops.
terrorist countries like israel will use it even when or whether or not other countries do. it's like banning food because the people on the other side that you do not like eat it. come on now. if you do not yet realize that all governments do terrorist things, control their people, and make anyone who lives under them a slave to their rules even when they have nothing to do with those decisions and practices just to live there, then you might be living under a rock. terrorists like israel will use it whether anyone else does or not, and that is just a fact of life. whether the western world used it or not, the rest of the people would anyway. there are people who refuse to use cash and carry a card, and there are people who refuse to use a card and use cash only. and you know what? the banks serve them both because the merchants they spend cash only with still store that money in banks usually or have fees to convert or deposit and withdraw it. as long as banks can make money at this from either side, they can and will adopt bitcoin to a degree from any place and country even if they do not like it...because other people can and will use it as a currency regardless where they hail from, what they use it for, or why.
bitcoin bad because iran. great logic.
stop crying, crypto is designed to put people in a fair & transparent playing field. you think i will shed a single tear over iranian artist selling an nft online despite us sanctions? lmao.
yup, us was last to get on board during the industrial revolution, and they are the last to get on board on during the information revolution. who has even heard of companies like facebook, google, amazon, apple, microsoft? if you tell someone you use a smart phone, computer or operating system designed in the us people will laugh in your face. you might as well be using stone tablets made by cave-men. old giants like america will be left behind as nimble innovators like iran and el salvador take the lead in the worlds most important economic innovation of all time.
third world countries has always been the most likely candidates for the state adoption
other muslim countries usually do the exact opposite of iran so do not get high hopes
on to the next region! africa or southeast asia are my bets
you must be new to geopolitics nobody follows iran.
yes that would make a butterfly effect like in central
do you have a link or could you please tell me roughly how long ago it was? i'd be interested to listen to it.
the us will always be able to police it by destroying the value of it. us could ban bitcoin tomorrow and it would likely collapse to , exchanges collapse, people abandon it and run for the exits, usdt collapses, etc. the us could destroy btc in an instant.
nah. goldman sachs are doing etfs with it, robinhood, paypal, jp morgan-chase now too are onboard...only bank of america and a few others have stayed out. all countries, especially israel and what's left of the us, uk, and germany are corrupt. it is not just china or ________ (next boogeyman goes here). the us auctioned off the same crypto they stole from the silkroad groups they said were illegal - and the government kept the profits from this after they did it - which should say a lot. first world countries are now becoming like 3rd world countries (english on a tech support call, anyone?) anyway, and are as if not more corrupt than citizens of 1st world countries realize, they are just better at hiding it. that's what i've observed having been born to and living in a 1st world country, then traveling to live at a few 3rd world countries for years and then returning to the 1st again. the 3rd world vs 1st world chess board moves are always at play with more than crypto. as long as you have it as cold storage you should be fine. if worried about it you can convert to gold or silver, but lose out on any gains while weathering against loss.
the most corrupt regimes are usa.
but incidentally india is the country where uranium has been found being traded openly twice in few months.
you're mistaking iran with saudi arabia dude. not that they have equal rights, far from that, but still
women can drive in iran. you’re thinking of saudi arabia where they have less rights.
how is this good for bitcoin?
not all brown ppl are sauthis asshole
they're allowed to drive in iran. way to be a racist, uneducated dipshit. nice job!
*both, both is good*
they’re allowed to drive, stop watching red media so much and maybe you won’t make ignorant statements.
they dont want more accidents.
it is america causing a lot of deaths in the middle east, not the other way around.
iranophobia [special thanks to anti-iran propoganda bots] is a thing that is not ever addressed. there are subs essentially dedicated on being racist against iranians which i would not name but there is ample evidence in r.
>why the fuck does reddit have such a hateboner for iran?
no only the brainwashed ones who only listen to us news. usa is losing it is footing in the world and more and more countries are making own alliances further from usa.
oh boy! wait until you hear about the cia…
i see you have consumed too much us centric propaganda.
> it’s iran. a terrorist nation that also moves weapons, humans, drugs throughout the middle east. definitely wouldn't recommend doing research on what the us does
us, russia and china already joined.
estonia might pave the way! they seem to be a techy nation.
in order to tax it i guess
because this isn’t good news. it’s either neutral or bad news.
if you have to dox yourself or need (credit) for a loan it is worthless
hard not to imagine muslims saying that after usa been funding both terrorism and an ethonstate for over 90 years
it does not remove the power of the dollar, it removes the power of illegal imperialism
it's middle east bro, it would need a fucking miracle
terrorists by whose standards? how many countries iran invaded and destroyed compared to usa? which regions in past 100 years have had war and destruction where usa meddled and used cia to instigate uprising?
*prime video advertising echoing in my head*
just like when china banned crytpo... twice!
by financing terrorism you mean supporting usa, surely
wait, israel has adopted it?
you mean like usa?
i think you meant to use the word: "terrorists" because that is what both countries are.
you mean like the dollar? lol
very very true. am an iranian doing nfts and my whole world has changed.
that sounds kinda huge for iranian people
that sounds like a motivation for developed countries to put strict regulations on cryptos.
this is great news for all the artists in sanctioned countries & over the world.
that is pretty interesting. i wonder how active the nft art market is. all you see are the headlines of the memes selling for big money. don't really consider the opportunities it opens up for other artists.
there’s such a big opportunities for small artists and nfts, it’s exciting for an under appreciated market.
believe it or not but iran was very cosmopolitan a few decades ago. it was the middle east’s monaco. that was before religion took over their politics
sounds like he is still breaking the law, nfts just make it easier to do lol.
love this notion! iran is full of so many progressive people held hostage by fucked up psychopath leaders...oh wait that is us in the us too! ❤️🔱❤️
i could see this as a reason for countries, such as the us to heavily regulate crypto… for example, those caught sending crypto to sanctioned countries could get a freeze on their assets
ethereum and other blockchains enabling transformation and cultural growth in ways never expected. exciting times we're living in. (i had to say ethereum due to the countless articles that talk about nfts on "blockchain" and not giving credit where it is due to ethereum for creating a platform that birthed and supported the nft movement in a way that no other blockchain is currently capable of)
i can hardly see digital food nft
i guess you're not exporting anything, just buying a record entry in a database.
wait until you hear about iran in the 60s… then you might feel silly
what a beautiful comment. thank you for sharing
bro, iran is already incredibly cosmopolitan compared to most of the middle east. the persians were known for their adoption of new customs from different cultures. the west just paints the picture that iran is some extremist country
that’s great news! i’m sure this is just the start!
but will us find another way to block it?
yes! more and more are buying into that dream too! it's exciting.
i do worry about it possibly being exploited or even taken over by putin and other dictators.
yes that is a very good point. most of the fud generated by governments is based around not losing leverage with their fiat.
cbdcs will make for a perfect surveillance and control tool. crypto has to gain greater momentum in the next few years to stand a chance as an alternative system.
it would be so easy for any government to cripple and destroy crypto currencies. they could literally outlaw them outright. they would easily get isps to monitor that and issue warning, track ip, etc. but they haven’t. they’d rather regulate it, make money off of it (taxes, fees).
and what do you think about china running the world's biggest mining operations on bitcoin? china becoming the world's largest holders of said asset and hence able to manipulate the price freely since they litterary *control the supply*? i for one is not dumb enough to tie my wealth tol the wishes of the ccp. i own some chinese stocks but i'd never wager my money, my freedom, on their political agendas. and for that reason i and any sane person, would not invest a cent in bitcoin. other alt-coins are fair game
usd is doing pretty well in the crypto world. most stablecoins are usd based.
for sure. i was not trying to make a moral judgement on it. i find it fascinating though.
fuck money laundering and kyc rules. it's in the same realm as "encryption is for terrorists and pedos, therefore encryption is bad." privacy is a right, even if a small minority abuse it.
can you thiscuss how sanction compliance is going to be handled as cryptocurrencies become more popular? while bitcoin can be easily tracked, there are myriad untraceable cryptos that a foreign entities could potentially use to avoid sanctions. it's becoming increasingly easy to obfuscate the county of origin where a coin has been mined or where that nft been created. as the practice of counties using crypto to get around sanctions becomes widespread, what is your industry's plan going forward?
>no us-based company is going to want to dirty their hands with this unless there’s some overly strict kyc regulations put in place for crypto. i agree. if anything, crypto adoption by countries affected by un sanctions will turn the g7 against it because it limits their tools for punishing "bad" international behavior (i'm not passing judgement on whether they should have that power or not, but they do and they like having it). in much the same way that soviet imbecilic behavior at chernobyl made it easier to turn public opinion against nuclear, this sort of thing could easily be used to turn public opinion against cryptocurrencies.
no one believes your bullshit propaganda lies. iran isn‘t a rogue nation just because they aren‘t willing to let imperalists walk in and all over them to plunder their ressources. they‘re a strong and independent nation and you label them as terrorists while putting illegal sanctions in place which put regular people out of business, than brand them as criminals. average citizen can do their own research and don’t need a phd to figure out. not everyone‘s listening to cnn
seriously. you think the us government is gonna sit back while a diplomatic tool of theirs gets shredded for lols? bout to fuck around and find out
that's an interesting point of view. it does not really fit with the research i have done so far, but i respect your opinion.
“the original utility for crypto was for money laundering and other illegal activity” so i’m assuming by this knowledge western union and money gram were companies both created exclusively to help people launder money and partake in illegal activity, correct?
it will be interesting to see actually. i'm gonna keep an eye on what comes out lol.
fbi proved nothing, just because it got in the news, doesn’t mean it was actually remotely close to being true, everybody here protested that
also who gets their news from [digesttime.com]( the article barely had anything in it
and iran, iran so far away... couldn’t get away
oh, the irany of it all.
ironic that a song about irony features no irony.
*despotcoin - we promise we got you!*
well their first unrelated revolution got overthrown by the us, so what do you expect? try to do good things and you get coup'd.
**['pump and dump' definition]( scheme to artificially increase the price of an asset then dump it on unsuspecting investors. *check out the [crypto terminology guide]( for more 🤖*
iran is shithole country opressing people. this is exactly expected
probably for stealing electricity off the grid.
iran electricity is pretty cheap, but they had blackouts due to shortage in power. the president said mining was not the main reason, apparently it was due to a drought affecting hydro power generation. but they banned all mining activities for 4 months to alleviate the shortage.
yes, the thing is electricity is cheap in iran, so the government and even other governments like china, turkey, ... built mining factories in iran and so random people started doing this too, but they started arresting random people, why? because if you want to make huge money with cheap government electiricy you must be on government side (get certificates, give extra tax, ...) or you cannot
it's usually quite the opposite in that country
seize the assets of a bunch of miners, then make it legal stonks
the original crypto boomer
that's spot on, good comment mate.
well you forgot the religious factor and the role of ayatollah khamenei in shia islam which many iranians believe in, im a lebanese shia and follow khamenei. also regime is just a word used to describe enemies of america
why would authoritarian regimes love decentralized power?
yeah, this is not *good news* for crypto. this is just additional future pressure to reign it in. it is annoying enough that criminal organizations are using it to enrich themselves by infecting computers and shutting down infrastructure... when states that face international sanctions can do the same, that, that is not good for crypto being normalized.
lulz - fun story, its always been viewed that way buddy
the usd is also used by plenty of dictators, many of whom are backed by the us
united states has funded terrorist groups througkiut its history. the only reason the united states doesn’t like iran is not because it’s a partially totalitarian government it’s because they don’t give them acces to their oil. same reason why were so buddy buddy with saudi arabia an even worse religious totalitarian country
yeah cause the sanctions are just nothing lol
el salvador and america are enemies now? when did that happen?
the higher ups in the military are too old. i’m hoping that they have a solid computer scientist team that presented them with the future outlook of cryptocurrency. however, judging by the way they implement technology, they are going to lag on crypto and probably view it as a threat rather than an asset.
would show up in hash rates if they did
fuck you moonboi sorry the worlds leading democratic powers are not going to ignore obvious flaws so you can get rich from your doge coin
his increasingly worthless blood dollar, ironically bleeding value at a horrifying rate
we should be begging the us to ban cryptocurrency just to prove that it is anti-fragile and can function no matter what. a us crypto ban would only send its value soaring higher as its proved its immune to state interference. i would love it if biden said "right, death penalty for anyone caught using crypto, and we'll seize 100% of you and your families assets before your execution" i would laugh as his minions fail to do absolutely anything to stop the flow of crypto.
slightly different but yes🤔😊
"fuck 99% of the coin value from us speculators."
won't be laughing when every exchange is forced to de-list monero. not at a matter of if, but when.
> there are some crypto-currencies that are supposedly "completely anonymous", but they are not in wide use and i seriously doubt they will be. i mean ... it is definitely not hard to buy and use things like monaro, dash, pivx, etc.
the ledger is useless for tracing once you use a tumbler or atomic swaps with monero.
unless the ledger nanos are blown up with their seed phrases. crypto lost forever.
but you can kill the entire population so they are not alive to use the crypto
sure, but the fear and the thought that you could die anytime because you or someone around you are using crypto would be bad for adoption. as per usual fiat power is backed by debt and death.
yea, that is elon's job.
no, bad because the us will work to crush the value of crypto to crush the value of iran holdings. why would iran want to hold bitcoin if the us could crash the value of bitcoin on a whim? imagine this: 1. iran gets . 2. us cracks down hard on bitcoin, enforces strict kyc, increases tax substantially, sanctions exchanges, etc. 3. bitcoin value collapses, iran loses .
you dont think iran trying to avoid sanctions by adopting crypto will eventually cause problems for the crypto sphere in general? great logic man
sorry i forgot that you are only allowed to have a positive outlook on things on this sub :)
not all of the muslim countries, but only iran, why? because iran is under heavy sanction by usa and this is one of the best solutions for gaining wealth
look into cardano regarding africa
you must be new to geopolitics, literally nobody follows your absolute truth.
added it to my original. should have included it to start with. enjoy!
btc is unbannable. you are right that the price would drop. maybe collapse, but it will not go to zero. it’s designed the way it is by people who expected the existing powers to try to destroy it.
i believe the banks are in crypto just for the speculative nature and fomo. i was more referring to using coins as payment methods by the general population. if the reputation of all crypto becomes one of speculation, eventually so many people will get burned that the true potential will fizzle out. thats my fear anyways.
i dont think most people who say fuck iran mean the entire population of iranians, js. similar to when people say fuck china. someone always chimes in with "fuck the ccp" its like ya, obviously.
they are allowed to drive in saudia too
then you can send the wife to the shop to buy more bitcoin.
you seem like a bigger dipshit to be honest.
racist? how is that racist?
maria theresa de filippis, michelle mouton, jutta kleinschmidt, lela lombardi, susie wolff, sabine schmitz. i've seen them and many other woman drive circles around some of the best male drivers.
mmm yes, yes. you seem educated based on this comment, except wait... women driving in iran is already legal.
bad enough you mean
yeah iran is totally a well liked good actor in that region with no history of destabilizing its neighbors.
it's institutional mining, very few people mine at home, but yeah i guess
why is legalizing crypto worse news than banning it? because it is iran?
what are you even talking about, guy?
the real terrorist country is the usa. terrifying people abroad and at home. americans are such scared little gmo creatures.
yeah but was it usa fault? don’t think so
china never banned crypto...
yea...the same ones we sent them in the iran nuclear deal.
great to hear! i hope it keeps going on the right direction for you. i love the fact that nfts and crypto can benefit so many people throughout the world, and also make it possible for me to come into contact with artists i wouldn't normally have the chance to.
where do you sell your art?
it's kinda huge for many people around the world. especially countries with tanking fiat currencies. many brazilian artists are now making a living they never dreamed of even last year.
yeah levels the playing field for all involved.
the iranian authorities are such fans if freedom, they just could not pass up on the opportunity.
for many all over the world. , feeless, and does not suffer from hyperinflation. same could be said for other countries with failing fiat, like brazil.
...that is exactly what's happening. more adoption in iran, north korea, and russia, means less tolerance for it by western regulators.
“u.s. senator elizabeth warren on wednesday called on u.s. policymakers to directly tackle issues presented by the growing use of cryptocurrency, while saying a federal reserve-backed digital currency shows” great promise”
yes. i'm not going to argue the political implications, but i am totally interested in the average person being able to live a better life.
i am in contact with artists from all over the world every day that use other networks for nfts assist from eth, and every week i read another artist has handed in their notice and going full time with their at for the first time in their life. they are not make making crazy eth money, they are just able to earn enough or a bit more than their 9 to 5. that's also the case for a few i know in developed countries too for that matter. it's growing and i personally think one day soon the main stream will see past the big money stories and realise it is enabled thousands and thousands of artists to be financially independent. it's very exciting!
this is just one of many
follow 4625 on twitter tons of new “crypto millionares” dropping hella cash in art rn very reminiscent of the merchant families of florence
you mean before the cia instigated a coup against the democratically elected leadership
ah yes, before cia and mi5 took over their democratically elected president, installed a dictator who lived a life of absolute luxury and his policies cause mass starvation across the country. the people took matters into their own hands and threw the dictator out, read some history bud.
i completely believe it. i've seen some cool photos from the seventies i think it was.
that's great. i meant that the cosmopolitan elements in society might feel less thisenfranchised.
muh, but lack of accountability, volatility, multiple "risks" involved
bitcoin was built to be decentralized so that this would likely not happen, the most control the ccp has over bitcoin supply is preventing miners in the country from operating
sure, but it is still bad news for crypto markets if large western institutions do not want to participate in it. we can talk about the corruption of the us but it pales in comparison to what you'll find elsewhere in the world and anyone who tells you otherwise is a suspect actor. however, i do agree with your premise of privacy as a right and the majority of people will not abuse it. but that does not guarantee crypto's value... particularly btc.
>privacy is a right, even if a small minority abuse it. in this case the "small minority" has leaders that think religious rule is a great idea and have a history of trying to develop nuclear weapons. that they are a "small minority" does not change that their ability to circumvent sanctions could lead to the deaths of millions.
kyc (know your customer) anti-money laundering laws and regulations will affect large institutions. p2p transfers of monero or "untraceable" currencies will not be easy to bring under aml rules as long as they stay out of institutional systems. but if institutions adopt crypto - and bring in things like fdic protections, less risky lending than many current swaps, etc - it is easy to see how a majority of people would prefer to handle crypto through their bank or investment institution. those institutions will require kyc documents to open accounts and will follow aml policies. today you can conduct criminal transactions in cash, diamonds, gold bullion, krugerrands, or some other physical asset and wholly avoid aml if you want. the same will be true for crypto that stays outside of institutions. but if you want to do the equivalent of wiring money to someone, it will be more difficult to avoid aml.
dude just google “comprehensive sanctions.” i don’t have a strong opinion in the matter, but the us government certainly does
i mean his pov is that it is a ponzi scheme, he just does not want to say it outright
weed seems like a big pump and dump to me.
on your second wife wedding day,
it’s like bad advice (on this sub), that you just shouldn’t taaaaaaake.
with the laws on exchanges i would say not so much.
you got the internets today dude
if you cannot join them, then you must beat them and hang them
thus, revolution is eminent
"look at all this crypto we found. wait, we can sell it for how much? we should make it a thing now."
yeah any word in that sentence needs to be the opposite
they don’t like decentralized power, that’s the point. they want to have a direct role in regulating crypto so it’s no longer decentralized in nature.
here comes the whataboutism to avoid addressing the issue. the fact is that crypto makes it much easier for terrorists groups and other bad sorts to get away with what they are doing.
the nuclear weapons are a big factor too in the us's thislike. especially when combined with the "death to america" rhetoric.
the us has been messing with south and central america for decades, i wouldn’t be surprised if there were hard feelings, but i don’t know anything about el salvador in particular
doubt the average joe is gonna want to take that risk. i sure wouldn't
i see that killing crypto right then and there. no company. once all the major players drop crypto over night like that, and you suddenly cannot *do* anything with it, then it becomes worthless. i mean, there is no amount that i could even unrealistically conceive of owning in crypto that would being me to risk *dying* for.
atomic swaps are live on mainnet. secret swap is on testnet.
not to mention the fact that they were the rage a few years back
monero is eaaaasily tracable my guy.
now now, let’s not get carried away, not the seed phrases!
let's not give them any ideas
oh, i was just going by the most recent terrorist nation which recently slaughtered babies, shot their parents, and then set them on fire which your news reporters refuse to cover. didn't see iran doing anything but talking about bitcoin lately. sorry if those gross crimes against human life are "political activism" to you. sorry to "offend"? here's a tide pod to snack on ffs.
it’s harder for the us to crash bitcoin than to crash the rial (iran’s fiat currency). especially if they buy it at -35k
china: am i joke to you!?
sanctions from the dollar mafia
nothing is more transparent than the bitcoin blockchain.
what are they avoiding by using a totally public blockchain?
thank you for understanding
how much do you think western countries that *are not* the us give a shit about iran?
yup, having an actually independent alternative monetary system while under heavy sanctions makes for a great motivation indeed.
why is this downvoted?
yes because i’m the reason iran is a beacon for human rights violations. anybody who cares what iran is doing should re-evaluate their life.
as long as it is close enough to zero, that is good enough.
yes as of a few years ago. thanks i should of mentioned that in the comment.
slowly but surely we will find a country where women cannot drive. i have faith.
*iranian politicians*; you son of a bitch, i'm in!
for calling out racism, cool, thanks for the insight.
i think it is the racist assumption that all middle easterners(saudi arabian, iranian, iraqi, etc.), in the same way it is racist to assume all asians are the same (korean, japanese, vietnamese, etc.), or all white people are the same (irish, british, german, etc.), or all black people are the same (african-american, ghanaian, congolese, etc.) or all latin people are the same (spanish, cuban, chilean, etc.).
because he is incorrectly lumping together the actions of diverse groups of middle eastern people into the actions taken by saudi arabia? iran is a different country with different people and different behaviors. didn't even bother to look it up beforehand. that's racist, sorry to say. hilarious that he is upvoted for being wrong and making a blatantly racist statement. and i'm downvoted for pointing it out and correcting, but i guess it is pretty obvious why lol.
didn't you hear? everything is racist.
cuz everything’s racist now!
must be saudi arabia then
pretty much yes. us has a very poor relationship with iran. doesn’t matter if iran is actually a parathise and we all been tricked by the media. the issue is that us gov doesn’t. so any sanctions which can be bypassed isn’t going to bode well.
over 50 direct interventions and dozens of regime changes in latin america yeah but was it usa fault? dont think so so dumb
they did in the past and reiterated their stance more recently.
i sell on and mintable (i put each link on instagram )
as 3rd world citizen with a shitty fiat currency, i can confirm.
finally! i can stop farming for gold on runescape for 16 hours a day
for people with tanking currencies, stablecoins are the big innovation. being able to hold us dollars through usdc or dai allows them to avoid punishing capital controls in their country.
gambia is in talks with the team who created safemoon crypto. crypto is taking hold in countries with unstable currencies.
i can’t imagine what the thought process would be. “oh, so these guys in the east found something incredibly valuable and scarce, as important as gold and the internet combined? great! let them have it to its fullest, meanwhile we will just regulate the hell out of it and miss out on great opportunities!”
i used to do lots in the arts and this where nfts were supposed o shine for me like 5 years ago in addition to limited edition fashions... the current nft stuff leaves me cold , i just dont understand it. i know how non crypto people felt when i was explaining this stuff 12-13 years ago, even the techies. do you relay think its possible for artists ot manage themselves partially in this way?
getting downvoted but that is the truth.
reminds me of *same things* by the flobots >... who let 'em overthrow jacobo arbenz? who let 'em overthrow mohammad mosaddeq? who let 'em assassinate salvador allende? i did not let 'em but they did it anyway! who let 'em overthrow kwame nkrumah? who let 'em overthrow aristide? who let 'em assassinate oscar romero? i did not let 'em but they did it indeed! but do not let them assassinate hugo chavez don't let them assassinate evo morales and bring back martin, malcolm, medgar hampton, schwerner, goodman, chaney [outro] sayin' the same things over again
actually we were piss poor till a few years before the cia coup because the british were stealing our oil. when mossadeq nationalized it and kept the british out of our pocket, them and the us decided to throw a coup and get rid of him and shah sewed the benefits of a nationalized oil. i hate this "before the revolution iran was moncao of me" nonsense tho. this is just false. we had an oppressive regime back then, we have an even worse regime now. we're just screwed in our modern history that is it.
yep. i love the passivity in "religion took over their politics" as if the us did not overthrow a democratic government to prevent nationalization of iranian oil that would harm bp's interests in the region.
the shah was very western aligned so no, he wasn’t the person who made it un-cosmopolitan. the conservative change happen when he was overthrown. (that doesn’t mean the ‘53 coup was good by any means)
yes sure, the cia forced millions of people to elect an islamic dictatorship...
how about instead of saying le religion or le coup we just let people live how they want to live? everyone in the entire world does not have to bend to the will of american liberalism.
you know i can’t say it that way
it's as if they looked at a 1700's history book and said "wait... we missed a spot"
and before religion became a political game.
iran was doing fine when the british left. that was decades before it became an islamic dictatorship.
before the ayatollahs ruined your country.
lets reduce everything that ever happened to one big screw up. nothing else in the last 40 years should be blamed or remotely relevant except how its the fault and the us and britain back then. no one else.
ah yes, the ayatollah is so much kinder. what did he say? there are no gay people in iran? no thissent either. just 100% on board with the current government. never any protest there. just a parathise now.
and what happend a crazier dicator came and has starved the people and every time they too demonstrate they got shot down!! atleast shah when he see people was demonstrating he backed down!! this motherfuckers are animals...
they're posted on reddit a lot.
then why isn‘t that good news for crypto? the point of crypto is to not have a few players manipulate the market in their and their friends favour to the cost of a majority pf people in the world. the more countries come together and play fair, the better for all.
of course it is. how can you justifiy a population getting wealthier thanks to crypto? it does not add value to materials, it does not make them become engineers or give them diplomas, it is just a currency that gains value with the hype behind it. some sort of long term pump and dump.
the trick is to inhale and hodl it in 🌬
thats what big pharma and big tobacco want you to think
two wives; but you can’t say you’re gay.
so why has the chinese government been called a regime and has an ally of america ever been called that?
for the record, the coward edited his comment, this is replying to the original version
why is the united states allowed to have nukes and then destroy countries they dont like, like iraq, libya, etc?
the nuclear weapons iran doesn’t have? iran has a complete right to build nuclear power plants. the only country you should be worried about using wmds is the only country that has used them before. anyway, marg bar amrika
dead hands hodl hardest.
how so? genuinely curious because you say eaaaasily possible when the general consensus is that it’s near impossible, to the extent the irs is offering a reward to anyone who can crack it and make it traceable.
i dunno about eaaaaasily, but dash and pivx use zero knowledge proofs, which i think has a more mathematical guarantee behind it.
your future president murdered tens of thousands of people lol
does not matter. the transactions can’t be blocked like they are today.
getting their bank accounts frozen abroad.
the world financial systems can’t block the transactions.
not much, unless the us tells them to. then they will all of a sudden care a lot.
is israel considered a western country?
well. israel gives a cpl shits…
because people are scared that something like ada is worthy of space on this sub. if you are not shilling eth or btc then you get down voted lol
turkmenistan two years ago, if i remember correctly, restricted heavily driving for women.
assuming someone's race is not racist, it is stereotyping or prejudice. assuming someone's race because of their location does not mean you believe you're superior to that race, it just means you're ignorant to the geographic populace. and in his case, he is not even referring to race or the people, he is referring to oppressive regimes in the middle east. an incorrect assumption, but given that women in iran are not even allowed to watch men's sports or travel out of the country without their husband's permission, not having the right to drive is not a terrible leap.
that's not racist though. prejudice would be the word you're looking for.
well yeah, stereotyping the middle east is kinda racist. he even got it wrong for good measure.
yeah but if it wasnt dor us, these countries probably wouldn’t have stable democracies now
wait until china starts arresting people, seizing hardware, and blocking access to the network. china could literally cut off all access to the bitcoin network. after all, the internet is government controlled. the only reason vpns work is because they allow them too. they could thisconnect china from the btc network easily.
is russia 3rd world tho?
people always underestimating the importance of developing nations. i remember people shittalking nano for emphasizing developing nations. guess where most of the usecase is.
usdc is pegged to the dollar, vs dai maintains a dollar, no?
the thought process is “we’ve already sanctioned these countries banking and financial systems for a variety of geopolitical and human rights reasons, they’re using crypto as a way around that and we want to plug the hole” it doesn’t mean they’re gonna make domestic crypto companies illegal, but it probably does mean there’s gonna be more tracking and reporting requirements on crypto transactions to prevent it from benefitting these places imo
the value of cripto it is not intrinsic, like gold or the internet (you can say that it is not intrinsic as well, but let say its "more" grounded on real value). the value of cripto only exists by it being used, especially by not having a country backing it. if the west "banned" cripto, this others countries would not be the sole users of a gold mine, would be the sole users of a pile of crap. also the great use for iran it is a way to bring outside money even with the sanctions in place.
"as the internet and gold combined" wow, that is far
all these nations having access to a functional international financial system would pose a huge national threat to the west, not just an economical one.
the thought process is "we do not want iran bypassing international sanctions with cryptocurrency".
a major part of diplomacy is being able to reprimand nations economically. if crypto destroys this then nations can fund wars despite international sanctions.
crypto is mostly propelled by western investment. if the goal is to cause financial harm and restrict access to western markets to these countries, it would make sense to add regulation. at face value, would it lessen the opportunity of western investors? yes. however, sanctions already do that as well, and those are still proceeded with.
they are only as important as gold and the internet in times of peace.
i do not just believe it is possible, i see it happening all around me.
it depends how much you want it. i've learned crazy amounts of new tech in order to keep up.
but even tho what ever the «regim» was before islamic republic it was 100x better then what it is now! irans money is valued like one of poorest before 1979 irans money was valued in top ten nations... this iran we see today is hijacked by arab!
um, sure, but it was the corruption and brutality of the bloody shah that led directly to fundamentalism. so, in terms of cause and effect, i'd support the premise.
he was talking how the cia helped stage the 1953 coup to overthrow the democratically elected president mohammed mosaddegh dumbass
its called operation ajax you dumbshit, look it up
france america england had a hand in the 1979 revolution aswell the one in 1950’s is confirmed donu know how much america and cia has had their hands all over the world?
religion has always been a political game.
crazy you’re getting downvoted lmao. this is 100% accurate. ask any iranian who was able to move out of iran. pro tip: they refer to themselves at persian.
oh sorry, they did not turn out to be in line with western ideals after sabotaging their government, and sanctioning them to bits. and the shah did not just back away.
i think you need to take a time out and google what a “ponzi scheme” and “pump and dump” is.
> how can you justify a population getting wealthier thanks to crypto? are pokemon cards a ponzi too? is buying an old car and storing it in a garage for 30 years a ponzi scheme? > it does not make them become engineers or give them diplomas degrees in things like cryptographic protocols exist though... you can very much get a career in this space.
it’s the good advice - feed your camel hay,
it's the good adviiiiice that you just did not take ^from ^your ^crypto ^buddy
i'm pretty sure the method is not definitive, it cannot track and prove who the wallet holder is with a 100% rate of certainty. if i recall it could probabilistically point you in a general direction if you were trying to trace monero transactions. i really should pull up the link, because now i'm intersted again.
marketing bla monero also uses zero knowledge proofs but that’s actually completely irrelevant.
i do not have to imagine it, they do refuse. they would not talk about it (they would be fired if they did), and more than once they have refused to air or acknowledge live video footage sent to them (for the same fear of being fired more than likely). the thiscussion is about cryptocurrency, but there are interjections saying cryptocurrency will be harmed if iran and others use it, and i am saying no, not unless the us pushes the issue favoring israel as a terrorist nation while turning a blind eye to their own activities and everyone else's to say it is fine. i'm not saying that israel is the only terrorist nation, but if people claim that iran is for actions they have decided to make, then israel and others should be held to the same humanitarian and fiscal standards, correct?
that's pretty much the standard fare for any president these days, with the rare exception of us president jimmy carter.
thats kind of the point, no one should have that power. doesnt it also open up opportunities for the us to fund their usual government overthrows, they surely like that.
yeah there is nothing countries love more than being told what to do by the us. it's our favourite pastime. can't see iran adopting crypto having any real effect on the global perception of it.
a middle eastern country is definitely not a western one
you legit think only america has issues with iran severely violating human rights?
their previous leader named days of the week after himself so... safe to say that country is still struggling. plus part of the driving test used to be based on your knowledge of his biography.
if everyone is telling you that you're wrong and you have to do mental gymnastics to rationalize your point, you might just be wrong bro.
it is racist, though. i used the correct word. you are trying to dilute the scope of racism. please do not do that. edit: okay, you post in "hillaryforprison" subreddit (and you did 4 years after she lost the election). the odds of you being racist are astronomically high, whether you know it or not. not going to continue this conversation.
too bad “the middle east” is not a race.
iran is primarily caucasian lol
no, it is second world. (for real, i'm not kidding)
in moscow? no. in siberia? polar bear say no, comrade say yes.
the plan of the russian government is working. make moscow and st petersburg as attractive as possible so foreigners think that the rest of the country looks like that too. here is the reality: outside of moscow and st petersburg the standard of living is pretty low.
no, russia is 2nd world. “third world” has nothing to do with poverty btw, it has to do with cold war alignment. 1st world is countries that alight with capitalism, 2nd world is countries that align with communism, 3rd world are countries that don’t align with either, and 4th world are like pirate states like somolia or whatever.
different mechanisms. dai is decentralized and algorithmic, backed by cryptocurrencies. usdc is backed by a bank account with dollars in it.
>there’s gonna be more tracking and reporting requirements on crypto transactions to prevent it from benefitting these places imo in their own countries, but in other countries the beauty of decentralization is that they do not have to listen to them.
not really, by the time you've changed your mind and they are part of every life for everyone, bitcoin will be at about 500k
is cryptocurrency not internet gold?
it’s always funny as an american to see the phrase “threat to the west.” as if with the amount of economic thisaster and hellfire the us has rained down upon the rest of the world, sovereign nations in the middle east in particular this century, it’s at all appropriate to turn around and play the victim whenever the total dominance of the powers that be over some particular area comes into question. maybe americans are the last to come around to just how tiresome this ploy is, but they are.
true but the us is ran by billionaires who can make more with crypto so they won’t let politicians ban it.
it's about time we got together and organised a world government so there is no need for sanctions and the human race can finally rest in constant peace knowing that war is a thing of the past.
no no no, we're only responsible for the good things that happen as a result of our centuries of self-serving coups!
the fundamentalists were really just opportunistic in the context of a popular uprising. the coup and shah’s rule led to the eventual uprising, but it is wrong and overly simplistic to say the shah or the west created fundamentalism.
the world will be against you if you speak the “controversial” truth.
same shit different wrapping!!! iran needs a better king it needs something total different of whats going on there past years!! persian(iran) has always blossomed when it has had a great king! the world lol not only iran but needs its modern day cyrus... and no they are not lined with any human universal rights your speaking with an excile iranian here. is getting hanged in the street too traffik marihuana or murdering and raping of womens that has been raped or abused? or maybe the need i want my gf or daughter too walk freely without a fucking hijab... let me ask you this grematter22 are you muslim??
governments don‘t adopt crypto, crypto adopts them.
explain to me why a bitcoin gains value and gives you more buying power? maybe you should go learn about the tulip bubble. replace "cultivating tulips" with "mining bitcoin". same phenomenon.
it’s a free stone, but your wife’s already dead
so what do you call the american government that is owned by billionares and big companies? america has a long history of oppressing its people too
i’d be interested to see. but trail leads to a dead end after any crypto is converted to xmr. sure you can see where btc, eth, etc has been and in what wallets, and with the kyc rule law enforcement could do some digging, but there’s exchanges that don’t follow the kyc rule. sure you most likely need to buy crypto with cash app, coinbase, gemini, etc and it’s required your id and ssn, but if you’re reviving money... have it send to an exchange or wallet that isn’t tie to your identity. you didn’t buy it and on the other end the government knows someone bought crypto and where they sent it to, but good luck finding the owner of the wallet it was sent to.
they use different proofs tho, i dunno. i have not looked enough into either to know the algorithms. been meaning to do that, but have not gotten around to doing so.
hmm a group of terrorists complains about their neighbours who by the way they are constantly lobbing bombs into without care where they land, are killing them and their children in retaliation. your well on a losing streak here with that argument.
so you're saying the current us president biden went door to door murdering thousands of men women and children and hanging them because their views were different?
> no one should have that power. you're living in a fantasy world. you really think governments? to retrieve funds stolen in hacks, money used to fund illegal nuclear programs etc etc
cool. they still give a shit about what iran is doing. since, you know, iran wants to eliminate them.
you think only iran and not america violates human rights?
yes and he pretty much only allows people to own cars that are the colour white. if your vehicle isn’t white- youre supposed to get a new paint job.
if you're basing your opinions on a few comments on reddit, especially on a website where the vast majority of users are in their teens or twenties, you're probably a moron. just saying.
no, you're also being ignorant.
nothing better than semantics to say "i'm not racist, i just have negative opinions on them all because i think they are all the same"
true. first world and second world terms come from cold war era. us and allies were first world and the 2nd world countries were ussr and allies. 3rd world countries were ones who chose not to align with any of these two factions. this had nothing to do with economic development, just the geopolitical alignment of a country in cold war. later people started using the term for economic development. meanings of words can change in a short amount of time. forgive if it feels like 'redsplaining' but i think people need to know this.
comrade say brrrr (not money printer)
>in siberia? nice place for a crypto mine. 100% shungite shielded against cia 5g attacks.
i heard that most of d.c. is pretty immaculate as well. largely due to a program that provides housing for the homeless in exchange for city beautification and cleanup work.
that's pretty normal in most places. with how big russia is i can only image it is extra true there.
yeah but you can shoot a kalashnikov and drive a fucking tank.
in japan where i live, they have just started getting sewage connection in smaller cities. forget about rural japan. only the big cities have sewage. the rest use septic tanks. 80% of public schools in japan still lack air conditioning and heating, and if you wanna take a shit, you will be squatting!! (but that only applies to public schools) can you believe that!! good old japan. they just started installing a, but even then, they are too cheap to use them. they do not even turn on the lights in public buildings during lunch time to save money. and i can go on. it's not just russia. just saying.
i studied 6 months in tomsk (siberia) and it is a great city. most russians think russia is bad and usa are heaven where everyone is rich and happy, just because they see in movies. reality is quite different.
the moscow times is not a russian newspaper, it is funded by the dutch and british to spread propaganda like this. the russians allow it to operate in exchange for rt being allowed to operate in the us and eu. use your brain more, the newsmedia is cancer.
and usdt is backed by
we hope. refer to tether...
yes, but crypto’s usefulness to people in those countries is pretty limited if they can’t interact with the banking system
lol, good one. bitcoin is obviously dying. it consumes too much energy to be widely adopted
i can agree it is internet gold. but that is different than being internet and gold
that's more or less because you as an ordinary americans have never actually have a balanced view on what the sanctions. i am in manufacturing sector based in hong kong with our suppliers based in the us. the regulations have monitored and prohibited factories that use child. it's pretty much how you as a consumer half way across the world can purchase any products made in china, knowing they comply to certain social standard. look at hong kong now, we have chinese students reporting teachers for violating national security law, movies taken down, political opposition arrested, protest crushed down (cannot even commemorate tinanmen massacre), all news and media are heavily monitored, textbook. that's what happening when the west begin to lose their power balance against china. and yes, americans like you will eventually see the impact sooner or later if that ever happens. crypto is first and foremost pro freedom, and democratic, and humanist. giving power to dictators or totalitarian regime goes against it all together.
i daresay there is precious little geo poltiical analysis in a single sentence that cannot be reasonably described as overly simplistic. but i think it would be equally inaccurate to say it is entirely wrong.
yes i am. you see in geopolitics, not everything is cut and dry, rather a lot of things are done via diplomacy. take mohammad khatami from late ‘90s for example, he was a reformer (not by western standards but still) he urged every un and world diplomat to ease sanctions, if not, the next presidential candidate would more of a hardliner. he really wanted an ease to crippling economic sanctions, but unfortunately his pleas fell on deaf year, heck the west gave even crazier sanctions. this resulted in getting a hardliner in ahmedinejad getting elected. it’s not just the one side that is all bad, a lot of it is an extreme reaction due to said sanctions.
they have some kind of method, i think it is called cypher trace or something. i'm not at my computer or i'd just read the article again. from what i understood it made it seem that xmr could technically be tracked to a certain degree, nothing definitive, but a higher degree of certainty than without the program
cool fictitious semitic story, bro. did you buy that from cnn? real life is far different or even opposite what they force feed you from bs media.
door to door physically? that's so 1800 to 1900's. no. obama and biden go air zone to air zone selectively murdering thousands of men women and children euthanizing them because their views and. far worse, and nowhere you can hide from that bud.
cool. i was pretty thistinctly talking about western countries though?
i found this lovely. unfortunately we have to stay at that because the only thing you can say to an american about school shootings is "thoughts and prayers".
since you seem unfamiliar. there is also a page on the us if you'd like to compare.
eh, i personally just assume everyone i encounter on reddit is a moron. you'd do well to do the same.
i noticed you deleted your last comment. is it because you realize that labeling all middle eastern countries as “backward af” may be thiscriminatory and wrong - but its not racist?
lmao. the lack of logic is strong in this one. i you say all north americans are the same - is that racist?
agreed. people need to know this. 3rd world country is an outdated term.
or that ireland is technical a 3rd world country
>forgive if it feels like 'redsplaining' but i think people need to know this. a shit ton of people on reddit do not know this and are suprised to hear it
redsplaining, short for “reddit explaining”, and a play on the term “mansplaining”, is when a redditor needlessly, and often condescendingly explains something that your average redditor could easily figure out on their own through context or general knowledge but is preemptively assumed by the explainer to probably be too thick witted or ignorant to do so on their own.
unless they are an artist.
i was in d.c. a few years ago. you'd walk from a polished monument to an expensive restaurant, and on your way you'd pass through a park that smells like garbage, filled with homeless people. don't know what it is like now, hopefully better.
yeah this is not true, i live there. homeless population isn’t awfully high, but it’s not at a good level either. i’ve never seen one homeless looking person “cleaning up” or “beautifying” anything either, and i live on pennsylvania avenue downtown.
which, honestly, is a phenomenal program from the sounds of it
its not normal for 20% of the people in a developed country to not have toilets lmao.
i was born in the soviet union, grew up in ukraine, moved to germany and worked in the usa. quality of life is substantially better in western countries. it's not a coincidence that russia is the world leader in: suicides: alcoholism: trust me, life is actually pretty shitty in russia right now. everyone who i knew as a child who had a brain emigrated already. it's always the privileged western kids who think that this is all propaganda and life in russia is actually super comfy but it is the evil us imperialists who try to hide the truth. go work a job that pays you 20k rubles. it's the average and it is pretty much nothing. you got shitty food (not the type of shitty food like in the usa, fast food etc), no, actual bad food. cheese made from palm oil. meat that was "laced" with artificial shit to increase the weight. electricity and water sometimes goes down for days in the summer, even in bigger cities. man whoever says that quality of life in russia is great never had to live there on an average salary.
i was born there.
seriously! how many mining rigs can you run off one tesla charge...
hmm, you are right. it does not "combine" them, only combines some of their ideas.
your thesis is mostly incoherent. sanctions worked because social standards but now censorship because power dynamics... what? what does political grandstanding on chinese trade deals have to do with sanctions on iran? literally word for word everything you complain about in that post happens in the us. you’re of no unique enlightenment there, bud.
and honestly, what you say crypto is and who it is and isn’t for is worth about as much as your opinion on american sanctions on iran as a hong kong manufacturing ex patriot.
stop there we have it! im finished talking with you after this response cause know i know where you coming from hell you might even be a supporter of the regime... sorry but i dont wanna hear bs excuses of you trying to paint a picture of iran being good . its people yes thats thanks too our deep culture and roots and not islam or anti western mentality. make my case my country is fucking hijacked by lunitics acting like your good too but fucking savages is what you are barbarians your system is hell no better then western and i hope iran will be freed from the tyranny they have as their system you dont know what potential for the people is lost by having this islamic rule of life or what ever they are trying to be. thats why you never should mix politics and religions... there are millions of iranian that fleed from that shit and we are living lives outside our homeplace... you are talking about khomeni,khatamai,raffsanjani they are all imposter they are not good you can hate america and still love your own people...
oh you must be white then and at least upper middle class, not sure black people or other minorities or poor people would agree with you. did you see the protests that happened last summer i think the movement was called blm you should look into what that acronym stands for
interesting, if you have time go ahead and post the article. i’m interested. i knew zcash and perhaps dash were private to an extent but i thought xmr was significantly more untraceable.
i do not think that is true...actually am pretty sure it is not, and anyway there is a bounty from irs i guess they would aim for that before writing "articles"
anti israel? perhaps you meant anti terrorist since israel is a terrorist govt. oh well. enjoy reddit then.
so you're defending the 1988 executions of political prisoners orchestrated by ebrahim raisi, future iranian president?
oh i’m sorry, i didn’t realize that my comment had to be exactly within the parameters of what you require them to be.
that's completely comparable to blowing a fucking plane out of the sky killing all 179 passengers. or the forced child marriage or the death sentencing for blasphemous internet usage. all of which is condoned by iran's official government. oh no a kid works at burger king voluntarily that is definitely on the same level of human rights issues.
things amnesty never will say: the cia is the largest terrorist organization in the world, by far.
in your case, that advice is spot on.
nope it is because i have no interest in talking to you
no one said that, but i would go on a stretch and say you're american
1st world-> capitalists 2nd world->socialists and communists 3rd world-> non-alignment with the other two for the economic terms i guess developing and developed are better terms even though the first 3 have changed their meaning after the cold war. i know the above comment explained it but i thought a short summary would be good too.
yep - better term is simply developing. third world does not mean jack shit.
it's not really outdated so much as the meaning has changed.
yea its also a bit of an insensitive term. people should be saying undeveloped or underdeveloped
you mean like you right now? explaining this?
>unless they are an artist who has not had their art stolen and turned into an nft without their knowledge or permission
yeah we do not have the homeless solution russians have, father winter.
if you are ukrainian why you think to know the quality of life in russia? i have friends and relatives there and they are doing very well, better than most people in europe. by the way i have a friend who lives in ukraine too, she lives in kiev and works for a multinational, she gets almost the same salary i get in italy but the cost of the life there is half than here. in the usa there are billionaires but there are also homeless people. there is not a good country or a bad one, it mostly depends on your education, your skills, your job and also a bit of luck. oh, about food: i ate better in small restaurants in russia where i spent something like 5€, compared to some fancy fake italian restaurants in manhattan where i paid 200+ dollars and i felt like their meat was made by plastic
\>literally word for word everything you complain about in that post happens in the us. you’re of no unique enlightenment there, bud oh really? we only have us equivalent fox 1 and fox 2 for our local tv channel now. show me when the police raid the entire news media building (being the largest and sole pro democratic paper print newspaper company),arrested the ceo and freeze his asset? show me where 80-90% entire camp of political party arrested and the rest have to resigned, all the while election system are reworked ground up? you did use the word "literally", i am waiting. \>your thesis is mostly incoherent. if only political and social issues are so easily to be fixed. \>what does political grandstanding on chinese trade deals have to do with sanctions on iran? trade rules and regulations are world wide, all us companies etc have to comply to the standard when they do sourcing locally and abroad. sanctions and trade rules are how the west apply ethical sourcing and in turn causes manufacturers to uphold their employees' right. some sanctions like xinjiang are due to trade regulation and ethical standard. china however has gotten away with stealing ip, know-how etc so much so that they can ignore part of the sanctions impact. that's only going to worsen without sanction in place.
"ex patriot" rofl i am not even american. not making great arguments, are you? if you want to make an insult about how my opinion does not matter, at least try to get it right and not making random assumptions.
white neoconservatives are normally the quickest to defend american activity abroad because of a sort of stockholm syndrome, but america is actually particularly shitty to the white middle and working class as well. opioid epidemic, racial preferences (see “blackrock racial audit”), and the general condoning of explicit and carte blanche threats of violence (or actual violence) by the law and media.
most governments support terrorism at some point in their history .right now at this point in time its the pick any one of these four iran,iraq,saudi or palestine.
not any more than you're defending benjamin netanyahu and ariel sharon for crimes against humanity and using white phosphorus upon the palestinian people?
all i said was to name a western country that is bothered about iran - and you said israel. can you not see the problem here?
maybe then can i mention this?
you think amnesty international is partial to the cia? why?
gotta love when they resort to ad hominem attacks. it's one thing to be wrong, and it is another to be wrong and feel forced to reactionarily get defensive.
it seems you’re struggling to follow. “racist” is a specific term that implies someone is thiscriminatory towards a specific race. middle east is not a race. there are multiple races in the middle east.
*truth is like poetry, and most people fucking hate poetry*
i'm only one person, but i always upvote bearish posts for this very reason.
this whole sub is hilarious. you’ll have a post like this, one celebrating millionaires, one ostracizing millionaires, one celebrating alt coins, one shitting on alt coins. nobody here knows anything until something crazy happens and suddenly they knew it all along.
reddit in general is a shitshow, myself included.
the karma for bear posts is bearish
a post that won’t feed my confirmation bias? have this downvote!
remember guys, you should never afford money that you cannot lose to invest.
honest question in what otherwise seems like a mostly snarky sub. is this a bad time for a new investor to hold? i have recently acquired a decent amount of eth, but my gut after reading and years of lurking and research says hold.
lol, you must be new to reddit. all of the subreddits are dangerous echo chambers. that’s why people come here. good on you to fight it though, and say what you need to say, even if it does cost you moons. frank fingerman
pretty much any sub that gets this large, especially this fast will become a massive echo chamber due to the way upvotes & downvotes drown out thissenting opinions. downvotes should be used for people who do not contribute, not what you do not agree with. doesn't work that way unfortunately.
who would have known that paris hilton, teletubbies, and tom brady were the top signal??
agree, and that echo chamber—not limited to crypto—seems to accelerate the slippery slide to cultdom. the gme, amc, and doge subs come to mind. if you thisagree with a post or position, explain why; don’t just pile on the downvotes.
in a bull market, bearish posts get downvoted. in a bear market, bullish posts get downvoted. it's a good way of measuring general sentiment
yep. that’s the internet for you! when in doubt, zoom out people. 5 years from today, this dip won’t mean a god damn thing. mental health is far, far more important than what’s happening in the market. don’t tie your mental health to your investments. dca, stop looking at the charts and reading the news, and smoke some weed or something. here for anyone that needs someone to talk to.
yes because these price levels are supported by mania. more level headed approaches means less mania means crypto crash.
is there any sub about crypto which is similar to ? basically a calmed down "boomer edition"? all the crypto subs i know are just like post-gme wallstreetbets...even worse, all crypto-specific media i know are just bullshit. whenever i open up sites like coindesk and see that they sell people random non-peer-reviewed reports of some crypto companies as "scientific studies" or make bogus claims about the crypto market without any better reasoning than "~~stonks~~ crypto only go up", i lose a bit of faith in all of this
the downvoters have been out in force if you say anything negative in comments. thiscussion means good and bad. so have my upvote you stupid ape to the moon, <insert other memes>
it's not always been this way. a year and a half ago, sentiment was pretty bear-ish on this sub. i expect things to return to normal soon.
ive got all my eth staked, where most of my value is. i literally cannot cash out, no matter how much i’d want to; not that i would, anyway.
gonna be honest guys, i wolf and got out. i’m not in a position in my life where i can hodl and wait these things out. i needed the money and couldn’t afford to hope on a market
hopefully the moons you gain offset your losses
i went to the cardano sub a few days ago when it broke . but i mentioned i dont buy at ath as an investment strategy. this is why lol. now it is at 1.34 last i checked.
so no more lambos, private islands with dolphins or mansions, eh ?
clearly i'm the bearish god here and i think it is a bull trap. hell. people are now happy even if most alts are still down 30% in 24h. the standarts have been going down. then they say "do not look at charts look at the big picture and go gave a coffee and relax", whereas they were all looking at the charts all day long and panicking. reminds me of bull trap 2018, i do not buy it.
yeah well the price of moons didn’t dip, so moonfarming pays off as a wise investment strategy
just sort by controversial
welcome to reddit. but for real, yeah sucks when subs that kept a healthy balance between echo chamber and productive thiscussion (or at least as much as that’s possible) devolve into the state this sub and many others have after some type of hype causes people to flood in (e.g., wsb). to be clear, i’m all for mass adoption and not trying to talk down on all the newbies who have entered the space. we all need to start somewhere. it’s just unfortunate that this is part of the growing pains moving forward with crypto progress
i was tempted to sell off when i still had a significant amount of profits and saw the market still going down, figured i could buy back in later. but then i got thistracted, and i wish i had sold because i would have been able to double my positions on some of my favorite tokens and -still- come out with a small profit on top of it. or i would have just doubled my investment had it not continued dipping. i could have even just sold off enough to cover my initial investment and let the rest ride. sometimes selling can make a lot of sense and open up new opportunities. but hindsight is 20, and i’m still learning this market so there will be some “dang, i should’ve done that differently” moments and that’s okay. i’m still not really down from my initial investment, so that’s a win for now. i’m hoping this reverses and turns out to be just a really big dip, but if it doesn’t that’s okay too because i’d planned on investing long-term anyway. tldr: sometimes selling is the right call, and sometimes selling makes sense for long-term bullishness anyway. panic selling is still a bad idea, though.
theres also a popular perception actively pushed that ta is bullshit snake oil. ta has been telling you since the last 58. that conditions have seriously degraded. that has been there for everyone to see. since arguably the 6th of may. and we push this fucking line that time in the market beats timing the market... am i taking fucking crazy pills?!?! you had 4 fucking days of failed 59k break attempts. you couldnt get above 60k. you then had roughly 3 days of attempts to break 52k... people have had ample time to time this market. you have seen so much weakness yet everyone is just parroting bullish lines. while btc looks weak, keep your money in usdt. the bounce is the most bullish we have been in a while, yet we are still under 40k. again, i would have the bulk in usdt until the ta starts looking better.
i’m bullish af. the key is to understand what metrics are worth looking at. everyone here stares at price, meanwhile, other metrics paint a clearer picture. on chain activity is most important, and it is clear that long term hodlers are not rattled by this dip. on top of that, exchange volume inflows on coinbase vs binance show two trends. coinbase, a massive provider for institutional on ramping, is seeing net outflows. basically sense the bull run commenced. binance, on the other hand, has seen a massive influx of new users, many retail, and is showing inflows to their exchange. this would indicate, in my opinion, that retailers new to the space are panic selling at a loss, while institutions and long term hodlers are buying the dip. so by all means sell your coin, but those the likes of saylor are buying them. or hell, it might be me.
i posted a short term bearish post 1 day before the start of the "crash" where i explained that i'm preparing for the worst and taking out 20-30% off my crypto holdings. downvoted and hated on lol, look who has buying power for this dip now
exactly. at the weekend i was telling in the cardano sub to be careful because it will dip. most of them laughed at me. well, who’s laughing now? i guess nobody. taking profits along the way isn’t that bad.
reddit is a mess clearly
i sold all my crypto, been holding ada since 2017. i did not trust this huge dip and thought i sold in time, during the day when the coin dipped to 0,90 cents i was very happy. right now i'm sad cause it bounced back almost if nothing happend. i already made more than three times my investment. no clue if i should buy back in or not.
“this sub and many others”. other subs other message boards all of social media every barber shop etc echo chambers are what life is now
it’s all about the moon bro. that’s it. comply or get decimated. lol.
i have yet to find a reasonable crypto sub that is not completely delusional and cult like. selling is a thing, using a stop loss is completely valid and should be brought up more.
it's because this is one of the only places that is not full of first timers, like the bitcoin sub. people are telling you to hodl because it is the right move right now. the more that hodl the higher the floor will be. this is the way. panic selling for a loss is the people who regret selling their bitcoin in 5 years. but it is a bullish echo chamber to some degree. we could work on that.
while thats true, i did have a post the other day about selling that got a lot of attention (more than i imagined it would get) and most of the feedback was positive with only a few pro financial planners telling me i an not smart for selling. that gives me the feeling there is a silent group here who have also done the same and been selling even before this drop (a few messaged me that in fact this was the case) and even before my post. so, there are many cautious people here who are just not as vocal.
a general rule of thumb i use is to do whatever the opposite of this sub is saying. if everyone here is saying "it is the last time to buy", "it was just a dip!" etc i know to sell right away. conversely when everyone here starts bitching about how useless crypto is and how their wife divorced them, they lost their house etc. then it is time to buy. this strategy has not made me rich but i've made a pretty penny.
well let’s be honest here, being emotional doesn’t help you in this market. crypto is very volatile, so yes “if you can’t handle the heat, get out of the kitchen” is a true statement. the longer you’ve been in this space, the less crashes effect you, since these massive dumps happen all the time, but so do amazing pumps. the best way to get rich in crypto is to dollar cost average and hold, but most retail investors won’t do that, because their emotions will get in the way. i don’t blame anyone for panicking though, this market is a crazy roller coaster, and it’s a tough experience if you’re newer in the market. i wish everyone the best though, and hope you all become filthy rich!
i did a couple of posts on the 50k and 40k zone about this and got downvoted to hell, feelsbadman.
mob mentality. social media age. it’s all just a trend. it’s even worse when it comes to gamestop. if you don’t “know” the stock is going to 20 million a share you are a hedge fund employee sent to derail the hopes and dreams of the mob. there are people where with a fraction of a share who are posting about retiring and finally getting to stick it to the man.
don't think that because you're on here reading posts about "hodling" that you're doing any sort of investment research. most people here are only along for the ride and do not have any real knowledge about what's driving crypto prices.
after the successful pump and dump(short squeeze) of gamestop, people were guided towards two very different types of investment choices: precious metals (silver) vs. cryptocurrency (doge) doge successfully pumped "to the moon." while silver was shot down instantly. this competition between investment choices was broadcasted to the broader population through the mainstream media. a financially crippled global population was now made privy to a possible solution to all their problems(hopium). thinking: "well hey i missed out on getting rich through that gamestonk but i here tons of people are swimming in gains with those whatchumacallits(cryptocurrencies.) note- the power of hopium leads to people laser focusing on the few people who got rich, while thiscounting the scores of people who lost their shirts. thinking: "i'll be one of the lucky ones." we are always the hero's of our own story. elon musk's doge: after missing out of gamestonk and witnessing silvers failure to launch, the masses were led into cryptocurrency by the meme that is elon musk and dogecoin. using the power of his fame, influence, and tweets a joke cryptocurrency catapulted a few average joe's into the upperclass. (another dash of hopium.) the masses were led to think "if a worthless memecoin could make people rich like this then just think about the gains to be had with all the other 'real' cryptocurrencies." this led shitcoin after shitcoin pumping for no good reason as every crypto reddit community was bombarded with join request from average joe's, people from robbinhood, and people from wallstreetbets in pursuit of tendies. and once again the hopium lead to a few people getting rich while everyone else is left holding the bags.
redditors are psychotic and will downvote posts or comments that just *sound* negative regardless of whether it is true or good information. it makes me think most people on here are children or very young. there are some subs that are not like this but most of them are imo
honestly i haven’t seen any thiscourse that would indicate anyone, much less the majority, understands what they’re buying. which sucks.
i posted the other day, had some dude argue with me that crypto can never drop 90% like it did 4 of the last bull runs. i even stated that china could cause it by banning crypto. they have their own digital yuan now that can track spending in real time. do you not think an authoritative government is not gonna use it most of the community supported the post even though it was bearish. i said i'm not a buyer now, will wait for the next bear cycle. i got many replies, i'm long, i do not care if it drops. well, when your up 300% on btc or 7800% like doge in the last year, it is kind of your own fault if you never took profit. in 2018 the whole crypto market was worth 1 trillion. it feel to , . gl but keep watching for bottom to buy and top to sell. btc will likely drop more, maybe a dead cat bounce before rising again imo
in a bullish momentum, the bulls will say "see i told you so". in a bearish momentum, the bears will say "see i told you so". everything can be explained with all astrology trend lines but nobody will dare to tell you what happens exactly tomorrow. just stick to your personal strategy
yep. look at social media in general. people are just saying "buy the dip it's a fire sale" like if you understand the fucking basics of market cycles, then you should tread with caution - yes we could go up but the signs are pretty ugly right now. could definitely see a nice short squeeze up to the 50k levels before going lower. but hodlers do not wanna hear that shit.
i got permabanned from a certain subreddit because i said their product is nothing but promises.
people cant accept that crypto can go down as well, dont tell them their favorite coin may not hit another 10x in next week.
my biggest complaint is you need 500 karma to post. i’ve been on reddit for years... i rarely comment. today i tried posting useful information that gets taken down due to not having enough comment karma while there are people on here just reposting bobbing cat heads... smh. for reference it was about having a plan and setting up buy. which was the case for many today. i would have liked to assist the brave souls who actually tried and missed out on the dip today so that next time they get their order filled.
yup. i wrote a few things in the daily that were “bearish” and people aren’t happy lol. bitcoin hit fucking ,000 today and people are still saying “this is just a normal healthy correction” while being down 60% on their investment lmao.
the thing is it’s persistent bearish posts, even in the beginnings of the bull run people were predicting the end of days. it gets old.
whoa hey let’s ban this guy before he hurts us with his dangerous ideas
or they just get straight up removed
treat these subs like if they were satire and youll start enjoying them again. most of the posts are mindless shilling.
that's why you have to hedge with r
well yeah, i think that is always going to be the status quo on any sub that has to do with investing. and since crypto has gained value, it is become investing. people who actually believe in the tech and the concept will hold on and not say anything, while the new panicky ones will be the ones making all the noise. i'm happy there is a dip. i think it is gonna go on for longer, and that makes me happier. i get more time to invest. more time to grow a healthy position that i'll never fully part with, just like my stock portfolio. not that i have any income, but... y'know, that is my problem to solve. i think eventually, the lesson always learned is to tune out the drama. blur your eyes a bit, get some perspective, and relax. enjoy the ride. that kind of shit.
agree with you, but that is all of reddit honestly.
exactly why i ignore most posts from these subs, since they are full of blind maximalists
it is just game theory, right? people who already are invested gain nothing by advising caution. this is why , posters there are motivated to cause others to seethe, and not just by pure profit
this is true especially for r. they are notorious for shitting on bears lol
if you had posted this during the times when the market was going up, you would have been heavily downvoted. but right now there is fud, and people are more willing to listen a bit, hence the highly upvoted post.
i'd say there is a difference though between cautious or bearish posts and "hur dur crypto bitcoin dead it is over zomg sell sell game over man we're finished the technology sucks it is worthless" which is most of what i see it seems
yeah, i don’t want to be alarmist either, but people need to be careful. the blind optimism is not responsible and a ton of it is from people who got in early that want you to prop up their stack. being responsible, or even cautious at times, is not a sign of weakness as many would have you believe. stay safe out there.
what's funny is that everyone is pissed the prices are down, so really, this post being upvoted is proof of the echo chamber effect. everyone wants to hear this now because they think they should have been warned. 🤣🤣
it's mostly a bunch of gambling addicts projecting their addictions onto others.
oh the irony that this is the top post. to be fair i do see bearish posts getting up voted. the key is what evidence do you have for a bear market, as people call for them every day and a stopped watched is right twice a day.
cannot see no echo chamber! ## ...ber ! ### ...ber ! ...ber !
i got banned from r. as well as the harrassment from people with no clue.
the problem is that there is a lot of people here that do not know squat and then feelings get hurt when you talk about pulling out or a bearish market.
i would add that includes any technical posts too. if you explain how something works you get downvoted.
i just got into crypto a month ago. spent about . slowly watching it go down and down and down. but, like this person is saying. it’s a long game. don’t panic sell. hold hold hold.
so people are more acting out off emotional state and wishful thinking, instead of facts? unfortunally how humans works most off the time...
it takes a strong man to deny what’s right in front of him. and if the truth is undeniable, you create your own
not as bad as all the "i lost x value today" post after a big dip.
frankly you are lucky the mods did not just delete your post. here and in many subs, you have to follow the party line or face the consequences.
i agree. this is why i always seek out thissenting opinion just to hear the other side of the argument. its important to hear voices outside of your echo chamber imo. reddits like dogecoin is the worst imo.
alot of these bearish posts are made simply to spread fud, rarely are they ever products of research and analytics. for the past 2 days this sub was full of "we are all doomed bear market is here" or "bear market has started we are fucked for the next 3 years" type of posts. where are these people now? i bet they are fomoing into the pump that has initiated and completely forgot about needles panic they were trying to spread. its just weak minded wannabe investors prone to panic and baseless conclusions that are trying to predict future.
i read more posts about caution and how stupid everyone is and how not to listen to anyone and do your own research. this sub has become an echo chamber on what everyone should do or not do. seems hard to find any actual thiscussion on crypto in here any more.
i haven’t paid myself since jan 1 all crypto all the time. in 6 more months i will decide if i made a good decision or not. 1 year of salary will not ruin me. but 1 year could change my life forever. and for that i’m willing to gamble
i warned people that hedge funds were margin called and liquidating btc and they laughed. idiots it proved true
i will test this theory. bitcoin is going to 20k soon. elon and china have catalyzed the bear market that was inevitable. it's not different this time.
you think this place is bad you should try gamestop or amc reddits...i believe in a squeeze but my god is it a frat house over there or what
this is still happening. it’s because majority of the people in this subreddit don’t want to believe that bitcoin is setup on a pathway to 12k
i love how this post is upvoted to oblivion and yet when you go to the "new section" you see nothing has changed...
this sub has always been a confirmation bias zone.
agreed. everything negative on crypto is fud. any dips is whales manipulating to buy retail crypto for cheaper. any half ass post that’s bullish is sung high praises like god himself announced it. very dangerous echo chamber
eight days ago, i posted something about , with some potentially hyperbolic predictions for the extent of bear season, but with this exact 50% pullback prediction. it turns out if you aren’t here to shill for max, you aren’t welcome.
no it is not, *get him!*
i've been day trading to make up losses from the crash, i'm kinda pissed this sub tries to scare people off from it. if your throwing around decent money you stand to make more daily then just holding coins and less risk of getting left holding the bags when whales sell out.
i take your meaning, but i've found the individual coin subs to be far more bullish and echo-chambery then r... they have become mostly bullshit memes about moonshots, with far less useful information
complaining about downvotes a bad look
people here expect infite growth. we have 50k daily thread and they still think everyone from there will get 10x on theyre money this bull run... i posted a weak ago my cleaning lady bought crypto (shiba lol) with out knowing shit about it. the only thing that was fueling this run any more was insane predictions and coparisions with the past, and ... not developments with crypto themself. every eth update is already priced in and no north dakota accepting crypto paiments does not warrant another 10x...
bought eth at 1500 rode to 4k *profited* bought the dip today at 2400ish, let us ride again downvote me while i take profits idc
well to be fair, most of bearish posts i see on here deserve to be downvoted to oblivion!
if i’ve said it once i’ve said it 1 million times. there is so much confirmation bias it’s unreal. people want to hear something so they downvote opposing views as if that makes it a less likely outcome.
yeah, agreed. though i do not blame people for being desperate in this case😅
most of the top. wdym this sub is overly bullish?
nice post! mods will remove it very soon. [removed]
in our sub the word fud is taboo.
this mimics my bias so upvoted.
agreed, it’s nice to get some confirmation bias here and there but i always try to look at things with a realistic perspective if i can
sir, this is reddit.
and posts like this only get traction on a shitty day :(
people are afraid of not getting any moons because they are forthright and honest.
it's not just that. talk is limited to just one instrument. here it is a bit better, but bitcoin, doge, gold, silver, and even wsb are very narrow scope, so interchange of knowledge is impossible.
- choose an amount to invest. preferably an amount you're ok with losing - invest in something you believe in (whether that is believing it will increase in price, believe in the project itself, etc). - set a point to sell some (or all) at to see a profit (i generally set a point where if i sell half of the coin i have and it equals my initial investment, i'll do that). (could even use sell orders to automate a sale when it hits that point). - set a loss tolerance point you're comfortable with to sell at to protect from further losses (could even be 100% loss if you're fine with that).
**cryptocurrency and the chamber of downvotes**
this sub has gone the way of the bitcoin sub. you must bend the knee.
i made a caution post as well and also got downvoted to oblivion, yet the post did get some decent commentary. bearish posts are healthy to have for thiscussion! it's good to see both sides of the argument. i wish more people would join in the thiscussion rather than just downvote the post because it does not line up with their bias.
humans love their confirmation bias.
if the echo chamber does one thing, you do the opposite.
i've definitely noticed this too. any "negative" post is just a wordplay post about how bad fiat is and how they are never selling and acting like the current bull market will never end. i'm keeping my hopes up that the dip is a consolidation before a moon trip, but i've also already accepted a possibly impending bear market. worst case, i'll hold and acquire more until the next bull comes storming through.
i find it that r, and very bullish on adoption.
reddit is for us assholes.
people here have their heads up their ass thinking markets only go up.
i understand positive mindset, speak it in to existence, and all that but holy crap we cannot "like" the market in to wealth. ever.
that’s social media in general... if you post something left of center in a right leaning sub bam: “-9” if you post something right of center in the public freakout sub bam: “-9” post something “controversial” to fb, people ignore it. the issue here is that ultimately it’s financial advice, no matter how many thisclaimers people post. people use these echo chambers to make purchasing decisions. i don’t mind it, myself because many times, the money ultimately ends up going to people like me. the *real* problem comes when too many people get chased away...
i do not come here for advice. i come here to laugh. in a bull run you sell. not hold. not buy. yet those people have their heads screwed on the opposite way.
i imagine the problem is not helped by the fact that you can earn actual crypto by getting karma on here.
this sub is not too bad overall compared to individual alt coin subs which are pure echo chambers. it's all about filtering the signal from the noise. since we had major gains in recent months and the subscriber numbers more than doubled in a short time, there is plenty of noise right now and some comments and posts just get drowned in the hype. it's all fine as long as people are aware of it. not much different on other platforms though. on twitter the perma bulls with their daily shill tweets also get the most up votes.
this is why i don’t downvote anything related to the crypto market. differing opinions are needed, even if i 100% thisagree with them.
just gotta know what to expect for doing that honest work. can't blame ppl for hating on 🌈🐻. most people be wishing for the 🚀🚀🚀 to get them their lambos out of poverty.
**cough cough dogecoin reddit
if not deleted by the mods
literally almost every single youtube recommended video i get, not just now, but before, is bearish. and the people who complain about it (not me, i just ignore them) are also downvoted into oblivion. that includes the videos promising btc will go to zero (with no explanation) and many other similar ones which have no value. so forgive me if i have little sympathy for the many bears out there. for me you guys are literally everywhere. and the shitshow that i see in communities outside this particular subreddit is that often someone bullish is downvoted and bullied into oblivion.
every time i tell people trying to say 1btc=1btc is incorrect i get downvoted
if it weren't for bears in theory wouldn't everything just go up. let's kill them all
so fucking true, you get brainwashed and you keep telling yourself that you should hodl, only to get rekt. fuck this shit
echoes? it seems every big thread is a proclamation against the last big thread which was a proclamation of the last one. all in effort to reassure op they’re doing the right thing under the guise of certainty.
i also made posts like this and was ridiculed. this sub is very useful for judging current levels of euphoria. it's the same narratives over and over. new paradigm. the flippening, etc. i occasionally tried to help people understand how this market has functioned but i was told that i do not know anything. i do not think it will ever change.
youtubers too. always saying that bitcoin is gonna go to explode soon, the bullmarket is not over, its gonna go to 100k 200k bla bla
if you have a measured dd post on why something bad is going to happen, you would not be downvoted. bears hardly ever go beyond " sell everything now" i never downvoted a good faith post with strong dd even if it runs counter to my opinion.
why do not you make a bear sub
just take profit. if you're red then it is up to you to sell for a loss or hodl. everyone's situation is different and it depends on timing too
no shit, welcome to fucking reddit, that’s any sub
now is the time of the bears, enjoy your upvotes!
hah. just a few days ago i said fuck it and posted a reply stating i am selling my positions. got made fun of my weak hands. look who's laughing now? bought everything back at a 30% thiscount.
everyone tells you to do your own research but when you try learning anything you cannot believe anything anyone says because everyone is full of shit
if i wanted to hear about how crypto is a scam and everything is going to zero i'd just visit the comment section of any forbes article
this is what i have been repeatedly saying in my recent posts. but people do not like that and i get downvoted. i think that super optimistic bullish attitude that this sub promotes is not healthy.
also just be aware that bot accounts are rife in crypto reddit
i'm really glad someone else said it. i've tried to make a few posts with radical ideas such as "it is okay to take profits" and "remember how shitty it feels to lose money next time you cannot decide if you should take some profits from your 10-goddamned-x coins." i got called "mean," "anti-social" and (my personal favorite) "a bitter old man angry that youngsters no longer have to go to war." the only way that last one makes sense is if the "war" is the current market downtrend, in which case we are **all** enlisted, baby!
that’s also reddit as a whole when anyone voices a slightly conservative leaning opinion lmao. just watch this comment
better than facebook groups omg
people don’t want to hear about downside risk, it’s the same in stocks. people cheer when cathie woods says the bear case for tesla is ’d get downvoted into oblivion for saying that’s rubbish. of course when sentiment changes, the popularity contest changes too, now it’s cool to talk about downside and rubbish certain stocks.
it's like that in almost every sub
and this is why we lurk lool
welcome to 2021 investing where everting is suppose to go up every day and every new trader with .
totally agree with what you say - there is an unhealthy combination of: a) vested interests where a bag holder pushes and promotes the bag they already hold. particularly obvious with some coins where there is already a large community of tenacious and persistent bag holders. b) moon farming - obvious , copy and paste, repetitive and zero-effort posts - intended to get moons as well as push their bags on others. the place is much about the coin de jour - which coin happens to be pumping that day. the only way to sift through the echo chamber is if you can work out who deserves to be trusted which takes a good while to really work out; and ignore the advice of those who are more about self-interest while presenting themselves as otherwise.
both surprised and glad this post was not down voted to oblivion.
you can always look at the rest of reddit, especially r, for that daily fud even when the gains are like 1000% + year to date.
it's a bit of a cult, and the mantra is "always buy". if the value is climbing, buy now because tomorrow it will just be more expensive. if the market is crashing, buy even harder. there's no chance of value being lost in the long-term (they say) so you always buy or risk telling your friends the story of how you screwed up and missed your chance to be a millionaire. ' that amount of blind faith in something that has been nothing but wildly volatile seems dangerous to me.
you'd get more upvotes and awards if your post was bullish!
whatever noble motives people may claim, ultimately they just want other people to keep buying so their own investment grows. don't trust them.
i always tell people to not gamble more than you can lose. this also applies to the stock market and real estate.
actually thats not true... there were quite some bearish posts upvoted the last weeks, including type "sorry guys i am out"... i was already worried since a couple of weeks... i am also not at all angry on elon, despite admittedly being a bit surprised that these tweets started catalyzing the whole thing... but generally, i share your concern about echo chambers
yeah i've come to call it cult like optimism. had a few arguments with people lately what i question statements like "it is always a good time to buy!"
magic internet money go brrrrr
it’s how it is online whenever user’s money is on the line
that’s why this sub is no better then r. they are all the same. after all these years it hasn’t changed. they thrive on sucking noobs into their way of thinking!
i actually posted a bearish comment yesterday in the daily thread predicting a dip (i just got lucky with this prediction) and did not get downvoted.
“posts like these get get heavily downvoted.” gets 3k upvotes and 30+ awards.
down voted or simply deleted. cryptos made everyone feel as they were the next buffet, and forgetting that there are risks, and to someone win someone else as to lose (someone or some asset). i made good money these couple of days being bearish, but that meant that a bull had to lose that money.
all i know is if you post opinions or media articles that are not 100% rocket, to-the-moon, bullish about ethereum... you will get down voted to oblivion... can't even try to have a convo on it. on another note - etherum is rad, red rocket, moon, moon moon! (please do not down vote me)
yeah, that’s why you should also but subscribed to r
user name checks out
that’s why my suggestion of having change the upvote system to a comment based system is better. instead of earning for upvotes earn for the thiscussion a post raises
welcome to reddit my friend. reddit is an echo chamber, not just this sub.
dude, it is not like reddit is toxic af or anything.
i personally welcome our new bear overlords
great minds think alike, fools seldom differ.
keep pushing bro - i want everybody to get rich too, but you have to understand what this digital (speculative mania on an unproven asset class, driven by loose monetary policy) vs what the echo chamber portrays (a revolutionary bet on the future of “de-fi” or a hedge against the collapse of the usd , etc.). as with all investments, buyer beware. and in the case of crypto, understand you have no real returns (or even access to your investment in usd or other fiat) unless you sell (whenever that may be, if ever). otherwise, like most equities, your gains (and initial investment) are all theoretical, and as demonstrated today, can evaporate relatively quickly.
what i’ve found has been working for me is i talk to my wife who knows nothing about crypto except that our money could grow 10x or all go away. so every crypto buy i make goes through her so i know i’m not being crazy and bullish. she keeps me level headed.
it falls in line with being overtly positive in american culture
almost any good trading book will highlight markets reflect the minds of people and really group psychology is king in understanding how markets move…... with this being said you shouldn’t be surprised look at the world we live in, like seriously smh. it’s all a reflection of how people actually think the best thing you can do is figure out how to make the majority mentality become profitable for you.
don't get me wrong but reddit as a whole is an echo chamber. if you are not go with the flow, they will downvote you at best. which is ok by me, i do not have to agree with anyone. the worst is that mods will censor you at will or even ban you just because.
i believe the technical term is "circle-jerk"
wait until you realise *the entire internet* is just a biome of echo chambers
ppl are suffering from cb not having support. the assets will all grow no doubt.
and people think paying content with upvotes is a good idea. lmao
bearish posts are not downvoted here, they are straight up deleted by moderators.
dude. you gotta learn not to sell. and then you won’t get downvoted. try posting on r. those people are savages. lol.
this is true for every subreddit. its not this sub is the entire reddit.
i am in a bearish like mood at the moment and i am not afraid to say it.
the biggest danger is that this sub is not a cryptocurrency sub anymore. it is more like 'cryptobets'. it is mostly people talking about "portfolios" and hodl and gains. when was the last time this sub had an upvoted post about technology, payments, or decentralization? 5 years ago?
you did get 4k upvotes at the time of my comment!
i'm still waiting for my kanyecoin investment to turn around
glad i'm not someone who lost lots of money.
hmm i wouldn‘t say so. i have read a lot of threads here that had a lot of upvotes warning people about dogecoin, memecoins, mooncoins or whatever you call them. some of them even with a lot of data and attention to detail so that everyone could understand it. but i do agree on the point that more of those high quality posts should be on the top. sometimes they thissapear in new.
this sub had turned from knowledgeable thiscussions , new projects ideas to you are buying manhattan real estate in 1800 and everyone else is bunch of idiots. i’m invested in crypto but i kinda dig crypto tears from time to time.
it was nice to see this post being appropriate upvoted, it is the truth and probably most of that traffic relates to the most recent bull run which was a massive and nearly pointless hype train.
it has never been popular to be a bear. you think michael burry cared that his opinion was not being "upvoted" in 2007?
it's the posts of people in complete denial that are the worst
i hope this incident will have the effect of washing the wsb. hodl, diamond hands, rockets… all that stuff was fun like 3 months ago, but it’s old and tired and thinking in those terms (if not just being playfully ironic) will eventually burn down your accounts. nothing against having fun, but a lot of people actually still believe that stuff, and end up holding bags and getting washed out. gme isn’t going to 1000, and crypto is not an unstoppable force. the market cares nothing for the composition of your hands, it will do what it’s gonna do despite what you say, think or feel.
same thing on r.
made a comment in the daily after the eth 4600 run up that one should prepare for a good dip in the coming days. got downvoted into the negatives. i didn’t want to be right but to those that downvoted, sorry for some critical thinking.
this place is actually rather bearish overall. especially compared to youtube and twitter. during the hight of the last run this place had tons of post about caution and saying the end was coming. i guess they were sort of right but if you look the fud is everywhere even before this happened. i think psychologically people paint the worst case scenario so that when reality hits and its not quite as bad its seen as a positive.
yes… only this and other crypto related subreddits create dangerous echo chambers….
i embrace the "bearish" posts, i like reading other opinions. if they are well supported it helps in the thiscussion.
not in a bear market. alignment rather
i just made a post about this and it worries the hell out of me. beginning to think reddit is comprised. full of bots telling people to "buy the dip!" and "get ready to moon!". it's fucking thisingenuous and gross because i know there will be a few people out there who lose more than they can afford...
reddit for the most part is a circle jerk, the upvote mechanism premiums popular opinions not the "right" ones or well argued replies. go to r.
yeah it is kinda shocking that this post rose so high. i guess bearish sentiments just have to be phrased way more gently or indirectly to get through the community filter
absolutely. nobody likes rationality here if it hurts their personal agenda. they like keeping people dumb so they can play their cards.
preach dude. it's like basically religious dogma to these people who have yolo'd their life savings for deeply stupid reasons.
the bull market will never end if we take away the bear's roar!
same goes for all the sub reddits covering specific alt coins or stock tickers. an echo chamber of confirmation bias. no bearish views allowed.
we need the hopium to give us the strength to hodl through trying times such as these
i was fortunate enough to get on the ground floor of a currency that rose and wasn’t affected by this. i like the project, and even if it dipped a ton, i’m staying. i’m relatively new to crypto, but realize people pump and dump like a pyramid scheme without looking at utility of their crypto. it’s important to understand before you dive in. i’m lucky to have a good mentor, but some are playing a pump and dump game and end up bag holders when they cash out losing thousands. reminiscent of gamestop.
same thing usually happens when anything negative is mentioned about bitcoin.
it’s called a “cult”
if people were realistic this sub would lose 99% of its users.
yup, i've tried to [do the same thing, with the same result.]( it's a shame cuz it does the newbies a huge thisservice.
doge will hit 2500.00 change my mind
i totally agree! people do not want to hear how their coins are dropping and that people are panic selling which is driving the price down. i think most of the problem is, these are people off the street who have put their savings into crypto and they have not bothered to learn any of the signs to help them secure against any strong market correction as btc is currently having. coins must do all three things, go up, go down and go sideways, it is all how the markets work. if people expect that their crypto is just going to continually go up are delusional and have no idea about how it all works. it's not hard to learn the process and it certainly not hard to learn how to recognize when a coin is about to tank. managing crypto is no different than managing stocks. getting in and out of them at the right time is the essential part of trading. hodling is a whole different ball game. if you are selling in the panic because a coin, then perhaps you need to rethink what you are doing. you only lose when you sell at a loss! just my opinion!...:)
you cannot come to a mainstream, highly populated investing sub and think it would not be a shit show. most of them are racing to be wsb clones. you have to go to the smaller subs for more serious investment thiscussion.
*proceeds to get thousands of upvotes with level headed post*
literally all crypto subs are what you are describing.
completely agree, especially regarding meme coins. there just is not the same fundamentals that others have
you no talk about moon. you dum dum.
you are correct. but you know what? downvotes and reddit karma do not mean a goddamn thing. less than nothing really. i do not respect someone with tons of karma anymore than some new person. so post your true thoughts on here and fuck it.
i kept holding, listening to everyone on this sub to hodl hodl and now my portfolio dropped from 120
yeah they are! wooooooooo!
i agree with this, but at the same time, it’s reddit, and it’s a sub specifically for hyping up cryptocurrency. if you’re looking for a sound perspective then you’re better served doin ya research
i mean my peer group is the same. any thisagreement as to current market trends or possible contrarian views and they start having a massive meltdown. gets to the point that a grown ass man devolves into a child.
i tripled my portfolio today because i sold.
a lot of people here are driven by emotion and hodl mentalities with no sense of risk management. this is what happens when none of them knows how to read charts
my butthole is a dangerous echo chamber.
ignorance is bliss...until half your wealth thisappears overnight.
in all fairness a ton of the "bearish" posts getting down voted into oblivion are idiots saying a bear market has finally come every single time something dips. however, the message of having an exit point and sticking to it is invaluable and not a "paper hand" move and should be talked about more. after all at the end of the day the person paying your bills is most likely you and while being a millionare would be nice, an extra grand or 2 in the bank gives me a warm and fuzzy too.
i would never downvote friendly help, you do you man!
meh. i hold. i’ll probs move some more money into coinbase and buy more. i believe in decentralization. i believe in crypto. the tech is young. my investment timeline is long.
no sub is worse than doge. even talk about selling and you’ll be downvoted to hell and back
that's very common on stock forums as well. both bulls and bears can be people spreading misinformation. that's why they say do your dd.
i hate how much of an echo chamber this sub has become. if there is even a tinge of criticism, my comment gets barraded with downvotes. i just want proper thiscourse on this sub. is that too much to ask?
that’s the case with a lot of these threads across the various popular stock. the gme mega thread and the r. unfortunately, as with all things social media, it’s definitely important to keep a level head and take what you’re reading with a grain of salt.
the minimum karma limit also means that no one new can post anything. ironically is a huge amount of shit-posting needed in order to have a voice in this community.
finally someone gets what i feel.
lol now shit like this surfaces.
perhaps its time somebody starts a reality based crypto subreddit where caution and perspective is elevated
and where misleading headlines make it to the frontpage and spin crazy narratives. i personally debunked four of them. of those four, only one managed to snatch about half of the upvotes the original misleading post had. the other 3 had bad reception overall. ' * [no, litecoin is not being accepted pay utility bills in north dakota. it's in one city (williston) of north dakota, with a population of 27000 people.]( * [no, germany did not (yet) pass a new law that would allow thousands of institutional investment funds to invest in cryptocurrency.]( * [no, alaska is not passing a bill to make voting use block-chain.]( * [no, georgia did not pass a bill to teach highschool students about cryptocurrency.]( (the original post was removed by the mods iirc) ' still i even though all the points i was making were based on facts, logic, general and specific knowledge (of how political systems work, mostly) i had a lot of people saying things like "who cares?" or "if it passed one legislative chamber you can say it was passed" or "if a city in north dakota accepts it then it means north dakota accepts it" and even had one death threat sent to me after the ltc post. a very healthy community, the cryptosphere is.
it’s almost like there’s a reason they don’t let everyone and anyone invest in startups and hedge funds... and realizing this stinks.
a shitcoiner seeing a bearish post is like a 3y. most people like the doge fandom think with their butt, they only got into crypto because they expect to get a mansion and a lambo with .
nobody bats an eye when something goes 1000x but god forbid a token drops 30%... grow up you greedy bastards
i don’t know why, if this was the beginning of a bear market this wouldn’t be a bad place to start. last time we lost a lot more than 32%
experienced veterans do not like fud. after such correction, the last thing we want to hear is more fud from newbies.
didn’t use to be like this
can't fight euphoria, folks will go down singing "buy the dip" until they sell for a loss out of panic or finally grow a pair and hold until its back up.
fify: reddit, and other social media, are dangerous echo chambers that only push the opinions of a few
there are a lot of well intentioned and helpful people on these subs. however i feel pretty confident in saying most everyone on crypto subs is not a financial advisor and is pretty new to this. you will always get people who know just enough to sound like they know a lot to be dangerous. you do you and if your unsure then get and pay for a professional advisor. most will tell you they won’t touch crypto nor advise you to do so. i do know this…., i lose nothing if i don’t sell and i gain nothing if i don’t sell.
everyone in this sub styles themselves as a longterm holder, panic sells
thank you for posting this. open thiscussion and counter arguments should be encouraged. this is going to be a roller coaster for years to come.
i find that problematic as well. i do not comment a lot. but my few comments on how i felt like euphoria was unhealthy during 'laser eyes season', i was downvoted quite a lot and quickly stopped engaging at all. and now all of a sudden all of those post about how the signs were all there get upvoted. this sub has basically been my indicator for when to be careful and take some profits.
very true. in the end don’t follow emotion. do what’s right for you after making a logical level headed decision.
hey, this seems like a no-bs thread so i wanted to ask: i got in like two weeks ago and tried to sell to avoid loss and buy the dip...and i have lost a bunch of money in terms of the value of the eth i have, but i have a bunch more eth than when i started. is that a good-ish thing? planning to hold for a while now, other than setting a stop limit order at, like 1600 in case it drops to zero.
so i’m seeing articles about china trying to stop crypto has they view it as no real value. does this mean btc could potentially drop real hard?
glad you posted this. i'm fairly new here (was a long time lurker) and i've had the same experience. when i decided to jump in and participate, i learned very quickly that reddit is structured to create massive groupthink. i'm empirically-driven and digging out unequivocal facts can sometimes be a painful process. anyone that takes such an approach, in many of the popular subreddits, is downvoted to oblivion. too bad, because the countervailing arguments can often lead to better informed investors who make more productive decisions.
the masses are still in thisbelief... kind of hard for them to accept that throwing their literal life savings into a very volatile market did not make them rich as others were lucky enough to experience. now if they can afford to just wait out a few months... a year... two years... who knows... they probably will be fucking rich... but i am sure a lot are trying not to panic and others are freaking out because they really needed the cash, hell, i read a post somewhere of someone taking out a loan to buy crypto???? like bro... honestly, not terrible as, if they went on margin it might have been messier ... but still. give them time. plenty will drop all thisillusioned. as we have experienced in 2014, 2018, we might still see a random short bull run depending on what transpires... who knows... but choices need to be made and committed to. discourse must be had, information and education must be shared to prep for the next wave.
why would users upvote your cautious posts when they are trying to dump their bags on new hodlers ??
just accept that those close minded people will eventually lose their pants and learn the hard way. there’s a reason why 90%+ of people in certain capital markets lose money. you have a relative advantage which is skepticism and common-sensism(not a word). so just use that and profit off morons.
breaking news: people in r
not only that, ever since gme everyone thinks every investment is a short squeeze. everyone holding crypto with no intention of using it gives it less value. all i see it actually used for nowadays is illegal shit like the recent randomware attack.
i've been denounced for spreading fud and being a "buttcoiner" for posting about china clamping down on crypto...
echo chamber indeed, it is hard to even have a decent thiscussion nowadays.
it is. i'm gathering a bit more comments on a [proposal]( a flair of (1) research (serious discussion); and (2) unpopular opinion (or no moons discussion). what i am trying to push for is a more educational oriented thiscussion, or if necessary, pushing for an "unpopular opinon" flair that would have absolutely no implication on the upvotes or downvotes. i think this could change a bit on how the subreddit shift certain focus towards research oriented peer-reviewed thiscussion; or have a no-moons thread.
cautiously optimistic, that is the way to go.
yep, just like any other forum, but it is not nearly as bad as something like stocktwits, or r.
the only people who need down voted are people who are being rude.
all this talk about going to the moon but we need to get back down to earth fellas
a crypto sub, remember that
such a bearish thing to say
downvoting to prove you right lmao
duh... if you want some informed considered conversation let us start some threads specifically deadicated to debating bullish and bearish opinions on various tokens.
honestly, all crypto right now is essentially speculative and not much better than a roll of the dice. until crypto really starts to make strides into adoption in real world applications on a large scale, it is going to suffer from swings like this. btc is going to (imo) start to really feel the pain as people get fed up with pow's impact on the environment. it seems like it is all a race right now to see who will get to a reliable and useful platform first. even then interoperability might make it a kind of race to the bottom in terms of people getting rich off of running nodes.
bearish market posts are like a hard fact no one wants to face it ;)
literally all of reddit is and has been since january.
sometimes faking it until you make it is what matters when you are trying to accomplish something never done before.
yep, just joined after my son said he dipped his toe in and bought eth (chump change, not a lot) and wow, the hype on this sub sounds like a pump and dump scheme every 5 minutes...this is a crazy market and i cannot consider anyone in here an "investor", more like gambler, it seems to me to be pure speculation.
yup. if a post causes cognitive thissonance and is not something that supports your confirmation bias, it is downvoted. however, the r: do exactly the opposite of what the majority is doing and you'll be golden.
i'd hazard a guess that individuals that are not yet baptized by dips and crashes associated with covid-19 back in the equity market is the majority. there are more caveats other than "the price only goes up." i think there is a clear line between being optimistic yet cautious and burying their heads like ostriches.
this sub has become wsb
plenty of bearish posts upvoted today. same happened when there was a flash crash a couple of months back. top two most upvoted threads on this sub are telling people to be cautious with crypto. almost 10k upvotes here. heck, some coins have had a majority bearish sentiment on this sub for months now. redditors sure do love acting like their back is constantly against the wall. "i know i'll be downvoted but..."
what's the opposite of *to the moon*?
it's just reddit in general
of course this sub is an echo chamber. there are plenty of bearish news being completely ignored. that's why i come here to see what dumb money is thinking and i act accordingly. what you read here is not financial advice it is the opposite : it is what you should not do.
this sub is just thishonest, i cannot stand all this bullshit.
this is so true. people just wanna hear one side of the story.
> posting anything bearish or related to selling well i tell you what... today a lot of people sold low that bought high. fuck em. diamond hands when the herp a derp is strong, but weak in the knees as soon as things get shakey for a minute. honestly, i am a sorta casual investor in crypto and not a 'to the moon' sycophant, but days like today thisappoint me. why tf would you sell during something like this? and if you are, what was your original postultion? or are you just blurp a blurping some shit? fucking grow some. if you bought high and sold low... good. you should reap the consequences. getting you out sharpens the actual value of all crypto.
there is s fine line between an echo chamber and simply being wrong.
i’d say it’s all the crypto subs recently, nothing but a bunch of people with their brains turned off repeating the wishful thoughts of others when they clearly have no idea what they’re talking about. i get hodling, i get the need to keep yourself pepped up so you don’t get thiscouraged. but people are blatantly suggesting all sorts of shady practices that will lose all those who listen money. it’s ok if you can’t buy the dip, or the further dip. don’t spend what you can’t lose. don’t invest in what you don’t understand, and don’t let fomo lead you to the end of the cliff like the rest of the sheep. that splat we’re hearing is all the dogecoiners who got in at $.58 due to the hype but now freaking out and selling that it dropped to $.28. i mean people say crypto is volatile, the last week has proved that. set a plan for yourself, create goals for investing in crypto that will actually make *your* life better waaay down the line. this isn’t suitable for people looking to make a cash windfall in a short amount of time, even assuming you had the kind of cash needed to make those huge buys. don’t rely on wish-thinking, thoughts and prayers clearly don’t work for anything in this life.
the sad truth is that not enough posts of loss are highlighted on any of these kind of subs, whether crypto or finance, and that is why people are not as careful as they should be with their money and what it truly means to 'invest' it. this is a huge problem with shitcoins and the fomo behind them.
god i’m so conflicted. i upvoted because i agreed... but at the same time it is also kind of bearish, which would normally necessitate a downvote into the abyss, man, tough call this one.
i did some cursory estimation one time and posted some numbers in the r. huge hit. shitload of karma, comments, folks saying more of this type of analysis was needed then i did a much deeper dive the next day, broke out the spreadsheets, spent like 4+ hours breaking it down, going through dozens of dark web sites and pages to do data sampling, investigating crypto price movement data sources etc., compiled it all and shared it. my original rough calculations were off by a large factor. i was wrong. i explain all of this. negative karma and comments telling me to check my facts. deleted both posts. but i mean what should i really expect. of course a sub dedicated to that crypto wouldn't give a shit about the realities.
you mean reddit isn’t a place to have an open dialogue with differing viewpoints?
cryptocurrency looks like a fucking cult right now.
this sub is a cult full of people desperate for money. not everyone, just a vast majority.
do at least 5 min of research before a yolo. best advice my great grandfather gave me
well i think you've found the phenomenon of, people want their position to do well and can be very hardcore about it. if something is not getting the msg across over and over do not change the msg change the delivery.
ok but why is your name green?
lol try saying that doge is actually a good investment, no matter how valid your arguments are.
people do not like to listen about their flaws and biases.
that's the problem with the upvote system...it is not just specific to one sub, it is across every sub on reddit. any time you have a different opinion, you're usually going to get downvoted to hell
the sub is a moon farm now - that’s it. every post i read (including this one) always has ulterior motives now that financial incentive has been introduced. so you just get needlessly contrarian ‘hot takes’ like this, or the same waste of space bullshit posts.
sheeple is a legit term i feel.
but... but... downvoting it stops it from happening! i've been asking for weeks why btc is over valued. always downvoted. some probably bots too. "hodling" only helps the people telling you to "hodl". if you bought the peak, sold after elon musk's tweet at a loss and bought back in even today, you'd probably have far more btc now than you did before. (too lazy to run the numbers but off the top of my head it seems right)
that's how reddit works. anti narrative comments are crushed by downvotes no matter what the topic whether it be political, sports, money, drama, etc. reddit does not foster balanced thiscussion you need to have a podcast or something along those lines for that.
there is no caution, there is only gorilla warfare 💩
nearly every reddit sub is an echo chamber, that’s just how the site works.
everyone pay attention to the following: - bulls make money - bears make money - pigs get fucking slaughtered the op has a bit of a point. it's ok to be either bearish or bullish on a coin, just do not be greedy or fucking stupid about it. dips happen and bullruns happen, but if you move your money around to the next poorly made shitcoins you're going to be out on your ass. be patient. don't be a greedy pig and if you do then expect to meet the butcher sooner or later
truth is that most people here are heavily invested into cryptos and the volatility of the market makes them paranoid. by heavily invested i mean they have invested more than they can afford to lose, and this leads to having a mindset that tries to suppress anything that would be on the opposite side of their holdings.
i like the number of moons you have, pretty leet
thank you, i'm unfollowing because clearly this sub is not helping me.
they just made you a lier
after lurking in this sub for a little while and officially joining not too long ago, i now realize that this sub is pretty toxic. this was one of the biggest events in crypto in a while and the only posts i saw were either people shit talking elon musk and the other big billionaires, people giving meme advice and shilling meme coins, and then people panicking and others getting mad at people panicking. also people telling others their coin is shit and why they should invest in their coin because there is is not going to fail...only to fold like paper when it goes red. oh and i cannot forget the "analysts" and "long term investors" that really "believe" in crypto but are really just in it for the short term gains and that self righteous feeling when they talk out of their ass. i thought this was supposed to be an inclusive community about the future of currency, but humanity does not seem to change. a little volatility and this place becomes a super toxic echo chamber of chimpanzee screeching lol.
wish i had the funds to top up, was at -40% yesterday to -8% now lol
it's just that people eat bullshit, want to spread bullshit and eat the bullshit that is been spread by everyone else. it started with something actually decent, trying to prove a point but nowadays reddit has become an echo chamber of idiots talking shit. this is short term and it is very volatile, if you do not understand that now millionaire x can influence **even cryptos** soo much that it plummets down (look at btc) then you're an idiot and a scoundrel for thinking that this is a safe investment (hint: you're now gambling). currently it is becoming a pump and sell game. one day it is up, one day it is down. probably even half a day.
no shit... like any other sub.
level-headed kinda depends on the outcome. when the market is at its cheapest in a long time, most here see it as a sign to buy, not as a sign to poop your pants. crypto is volatitle. crashes like that are normal. either you expect them and learn to live with them or you "are being careful" and do not invest in crypto. profits and security rarely go hand in hand. if you cannot handle the volatility, you cannot handle the profits. this has nothing to do with being bearish or bullish... either you believe in the project crypto and think it has to go up or you do not. if you do. dips are just market sentiment and if you do not, you're just greedy trying to get a piece of a cake you do not actually believe in. so you gotta admit to yourself that you're just in for the cashgrab. sure... if all you're looking for is the cashgrab, be careful. greed usually bites back.
you can find insanity in the same place you can find money
it very much depends what the majority sentiment is at the time, this sub is by no means filled with blanket bullish sentiment. i've noticed on particularly bad days like yesterday, comments in the daily saying things like "it is time for us to admit this is the beginning of the bear market" will suddenly be receiving majority upvotes. i remember what it was like at the very bottom in december 2018 too, when btc was trading for ~~. suggesting that now was a good time to buy eth would immediately get you swarmed with critical comments about how eth is still way overvalued and has another 90% to drop from there, with users demanding an explanation of "why? 2017 was an anomaly, people have lost faith in crypto. what's going to push the price up this time?" as if one redditor's reasoning was going to have any bearing whatsoever on what the market will do next, haha
you do not post bearish posts on a sub that has its own token called moon... it is just not made for that haha
yeah, everybody supporting the hodl but now that things dont go as good as before i dont see so many... everybody has clear predictions how for summer we will skyrocket or shit like that. nobody predicts the institution will manipulate the market as they please. i'm tired about stupid stories in this sub how rich they get from investing in 2014. i dont care thats the past
this is not as bad as the coin specific subreddits. that is where the true echo chambers can be found. my plan: slowly accumulate ethereum every month for the next 3 years, only using money i am willing to lose, and then evaluate where we are at. with said plan this current downtrend only means i get to buy a bigger chunk of ethereum this month. so. holding through this is no problem. my hands are not diamond and i know how to actually type "hold", yet here we are.
yeah, this subreddit thismisses all legit news as fud. things like u.s. spy agencies declaring digital currencies to he a threat to global stability should be thiscussed more. or pow mining farms and pollution. or coin metrics in general. or elon’s snl appearance being cited yesterday during a house financial services hearing as a reason crypto needs regulation. or how insane it is the the market moves so much based on elon tweets. crypto is broken. still money to be made, but the market is nonsensical.
can confirm. i do not know if it is people in denial or if people actually believe that crypto can only go up, but any sort of common sense is downvoted into the ground. telling people two weeks ago that a crash was imminent resulted in people genuinely telling you that you're an idiot.
i usually do not like to express myself with quotes, but this one captures well the reality: "in a time of universal deceit — telling the truth is a revolutionary act." elon musk oops i mean george orwell!! it's from george orwell! i forget musk is the enemy now...
yeah, i just unsubbed a while ago. it was just skewing my perception of the reality.
it's not just this sub, but life in general. if by any chance you speak with a little of "realism" instead of the "all daisies and positivity", you'll be labeled as the neg nancy. just sit aside grab some popcorn and watch the tragedy unfold. at that point it is just survival of the fittest. this can be applied to any situation.
100% true, any time you voice an opinion regarding selling and not ‘hodling to the moon’ like some cultist you’re called a shill and a pussy. when did this shit become a cult instead of a way to make money
if there’s one thing the last few weeks has made me weary of its just how fragile and manipulatable crypto is. it’s been apparent for years it’s highly manipulated by whales and influencers pump and dumping small caps. but one man (mr musk) targeting a dip to cause so much commotion in the entire market, and being able to aid in its recovery with silly emoji tweets does not bode well for it as an asset class. by all means make money on it, but it has a long way to go before it is mature enough to weather these attacks. i imagine one of the main driving forces is that most only see it as a product to get rich quick and are just following a trend in that regard.
mate, reddit ist just a big echo-chamber. as simple as that. you can post something scientifically 100% correct and still get downvoted to hell because its no the meta-opinion.
i feel this pain. “bro its crypto you cant use fundamentals” fucking ok then go dump everything into dog coins and fartbucks, have fun!
always make your own dd and just consider opinion of others but never fully blindly follow trust anything
so true dude. say crypto is great and you should buy the dip - get upvoted. say crypto is risky and you should be cautious - get downvoted.
nuance is hard to market to people who want quick results. i find being patient for example valuable. but telling someone. also it is still reddit, you cannot see who upvotes, that alone makes it hard to see who and why certain posts "fail" or "win".
this sub is echo chamber central
what do you want people to do with bearish posts, not invest in crypto? obviously we are here because we want to own cryptocurrency. if we took every bearish posts as testament, then there would be no buying crypto. bears are celebrating now and as soon as crypto recovers, we will see the same bear post trope. we all know its volatile, there are risks, and do not put more money in than you can lose. bears are broken records.
i posted a thread titled “this sub needs a wakeup call” about a week ago here that shared the same sentiment and it was immediately removed by mods for being “meta”. what a bunch of fucking hypocrites.
in a general sense the crypto space is currently flooded with biases, self serving opinions. myself and my opinion included. hence why the "hype train" is the best way to get a token moving, currently anyway.
until you realize that you're in a bear market. you're already in too deep.
echo, echo did you hear that?
it come back to bite you. you can downvote something you don’t like but it doesn’t alter truth
thank you. this is how you detect rich people. no one reminds that there were people opening threads about their mental health leaving crypto for good at 6k. this sub was death. people were afraid that btc could hit 0. this is how markets work. 1 whale eats 1million fish. %99 will make losses while %1 gains again. people think they are warren buffett when %99 adresses are in profit anyway. i learned to get rid of that mentality years ago thanks to my skills at leverage trading. i barely hold any crypto anymore. i ride the wave down and up. but most fomoers will continue the fact that you arent making any profit they sell. they will lie to themselves about crypto's impact on the world when everyone just here for the money. just because something makes money does not mean anything. this is %99 speculation market. btc crash %70 in 12 hours would mean nothing to experienced people. newbies will learn it the hard way as long as they ignore
live and learn. some people learn differently and only learn by doing. hopefully they do not invest there life savings.
taking a quick look at the prediction page of this sub will tell you enough to know that the majority of people here are probably quick gambler hoping for the moon.
this sub turned into a joke. i remember lurking around in 2017, it was a cool place to thiscuss crypto, but today you only find moralistic posts.
you should see r. for fun, go in there and ask a question about the stupid terminology they use like “diamond hands”. then prepare for the absolute cunt fest of douche bag attacks or other arrogant comments. oh yeah, not to mention the absolute deluge of horrible advice. people lose their shirts in that sub regularly and are laughed at. i’m pretty sure the whole place is being gamed by hedge fund guys who actually know what they’re doing and are just playing the wannabes who think they’re big dogs in that sub. it’s as cringey as it is sad and annoying. fuck that sub. they can shove their diamond hands up their butts.
lalaalalakalalalallalala to the moon laalalalalalalalaalbabababababalaa
exactly my thoughts. i predicted the current crash 3 weeks ago. i got down-voted. only a few listend and saved their skins, as my data was solid: [ my prediction still holds. winter has started. this could be the end.
i do not know much about crypto yet. my little brother on the other hand has made a killing day trading it. big swings, big potential for gains if you're smart or lucky i suppose. i see a lot of these forums where people are screaming hold while bleeding red, then see him laughing to the bank because he made 30 percent in a day. to each his own i guess.
i totally agree with you that social media like this can be echo chambers and i agree that we should all be, being cautious right now. it is funny though that this post got a bunch of love.
this sub in general has ridiculous confirmation bias. banking executive says something positive about crypto and this subreddit says: “this is the adoption we are waiting for! i’m bullish!” banking executive says something negative about crypto, people here go: “this is just fud so they can get our bitcoin for cheap!” or “they are only saying this because they feel threatened” literally no matter what anyone says about crypto, it’s bullish.
i think being involved in crypto long term means you have a pretty high pain tolerance. that said misery loves company, so when you publicly say your out they feel betrayed because your leaving the cause, and not like you have done you've tenure and you get to retire. i could be wrong but that is what it seems like to me.
investing in an unregulated currency is betting not investing. you should have less than 10% of your portfolio in something so unstable. i swear some of you should just give your money to charity because you’re so willing to part with it.
i agree, but least this subreddit has some diverse interests and people will speak out against bullshit. they’ll do it for other reasons too, which makes it so much more complicated. subreddits for a single coin are very dangerous, and sometimes bear no resemblance to reality. for fun i decided to throw some money into some shitcoins back in 2017, go through delistings, or even get oystered out of existence and there were *still* plenty of loud voices which refused to acknowledge that there were any problems. i would never give anyone advice on crypto. you can’t tell someone a project is great because you look like a dick if it fails. you can’t tell someone a project is shit because you look like a dick if it moons. all i ever willingly told anyone was that they needed to avoid dedicated subreddits, twitter accounts, or any other media which focused too heavily on one project. and also to dyor while understanding that people’s motivation for either promoting or criticising a project isn’t always as pure as it may seem.
everyone has an agenda mine is to shitpost
with peace and love every sub is like this
as anticipated, this is just the issue with vested interest. people have a need for their investment to go up, so they have to convince others as well as themselves to keep going even at their own risk, and usually explode into blame when things do not go as they wanted. crypto is unstable and it is going to go up and down. people need to go to the moon at their own risk and stop trying to coerce people into driving into the hole. otherwise they are not better than the banks and hedge funds they claim to be against.
in life you have to be a good sifter. and do it with patience, take your time to find gold. i say this as a metaphor for reading thru comments.
from the same people that said buy at the top. now they say sell at the bottom. be careful.
we should create skeptics sub where people are not called fudders for posting useful information
wow! thanks so much !! moons!
a smart investors always hears the other side as well.
reddit does not work well for new ideas. it’s unfortunate
that's kind of the whole point of crypto, right? it has no inherent value, and only has value if people believe it has value, so anyone who does not post about it is great value is a threat to those holding crypto. it's basically a big financial the emperor's new clothes game.
if the majority of traders are not bearish, then the trend will not be bearish.
not over in r.
then try a real, objective one... r
this is a non issue over at the monero sub! go give it a look
i was added to the r-manipulating the crypto market... you're spot on about this sub
i posted it in the daily thread and i'm gonna post it here: fear and greed index at a historic fear indication, only being matched by the last bear market. btc dominance at a historic low, just as the time before the last bear market. shitcoins popping up all over and being bought. totally irrational. major fud from he who shall not be named mainstreammedia reporting the btc crash (at least in germany) just as last time before the crash ' there were signs 2 days ago. ppl didn''t wanna listen. and that list is not even complete
bro my posts about selling got directly deleted by mods, from r dogecoin for example.
yeah. its just silly. clearly the start of a market crash and people still pumping each other up to buy more. when you buy now you just give funds to the rich sellers you hate so much.
sir this is a cassino
this sub has become a joke. it's the worst crypto sub on reddit. i hope someone starts a new one soon.
of course it is an echo chamber. everybody comes here to see how others are feeling because they are either too lazy to do the proper research to feel confident about their positions, or just lack confidence in their own decision making abilities. the mind is constantly seeking proof of what it believes. hence the down votes on all things bearish. it's not that the bearish opinion should not be considered, it is just that most of us are here to make money so we do not want to hear it. the more you guys put out the bearish vibes, the more it catches fire and becomes real. it's like the more you think positively, the more positive things you attract in life.
i hate it. the entire culture is making me want to get out. someone asked me yesterday “as a newbie, how do i get excited about 6-10x?” its fucking scary that people invest in this space and expect more then 10x. you invest in crypto because you believe those particular coins will be part of the future internet of money. same way you invest in startups, you try to pick companies that have a moat which will protect its ability to perform in the future. i think bitcoin has a massive moat. that’s why i buy bitcoin. if you believe in a decentralized internet of money, bitcoin is a logical winner, and there will likely be others. i want to own a piece of that. the returns come if i’m right. too many come here just for the quick returns. and if you’re one of those people, you buy doge. and if you buy doge, you’ll lose. sure maybe 1% chance that doge is an integral part of the internet of money but anyone who has been in the market for 12 months+ knows it’s true shit. idk i’m rambling but this has been a rough week. i question my own belief in all of this if stupid elon can crash the market by 50% (not saying he did that alone, but damn). everyone needs to simmer down with “buy the dips!” and “diamond hands!” - listen to credible people and make your own, informed decisions. following the herd is not a good investment strategy.
i swear 99% of downvoted bear posts i see are downvoted because they are emotional fearful rants with no evidence or substance to back up their hypothesis. if you wanna come in and shit in everyone's cornflakes you'd better have some evidence to back it up.
whilst you're not necessarily wrong, i'd say two things... 1) it seems reasonable that positivity begets positivity and inherently negative things are not responded to as warmly 2) bearishness is not necessarily the same as a bear market. some people think we're heading for a bear market, some think it is a dip, others think it is a manufactured tank about to be followed by a major rise and probably all sorts of different outlooks. people thisagree
i would argue that almost all subs are echo chambers...
going through your history, i do not see the "bearish posts downvoted to oblivion" you're talking about. i see you talking about buying a motorcycle with your earnings from bitcoin. the closest i could find was advice not to stake too much of your holdings. what are you referring to?
i feel like this sub is the most neutral of all of them. but what you said is most true for almost all of the subreddits about a single coin. some of the bigger and more serious ones are mostly informative about the progress of the coin though (looking at you cordana). definitely do not mind the happy and optimistic community of doge though. that one along with .
if you plan to hold few years who cares?
what are you talking about all i see is bearish posts on this subreddit lol
yeah the daily thread is a shitshow at the moment. i honestly cannot wait for a bear market to come. i'm tired of the hype now.
not to mention the hundred posts a day for new coins where the op has clearly paid for upvotes.
bitcoin is indeed heading for the moon, that is if the moon is located beneath the earth.
it's cause you are bearish on the wrong stuff. go bear on doge ... moons for days. go bear on elon as a person ... moons for days. just gotta pick your targets better. agreed through, total popularity contest run amock here.
you shouldn’t be able to downvote unless you say why.
i personally could not give a fluff if people lose more than they afford. wouldn’t waste my breath.
you do not go to the casino with someone who tries to keep you level-headed. let me go down in this sinking ship with the rest of my mates, too drunk to give a damn about tomorrow.
anyway bought me 500 more sxp i am ready to rocket again
being a bear isn’t popular. but it’s a perfectly reasonable position to take. just zoom out a bit
finally a human post! its like this sub is full of bots, clickbait titles and manipulators! the price went down!!! time to buy 111... *( .o.0 time to sell guyz )*
vechain is and was always a shit buy and i’ve been saying this since it was at 25 cents and being reeeee’d at by all the vet shills in here 😂😂😂😂
because you are an absolute clown if you are bearish on btc
cry more lil bitch.
yep unless your one of the elite
looks like the moon funding rate for bear posts is at all time highs
okay, yeah you’re right. but i’m also tired about posts like this calling out other redditors as well. everyone other post in this subreddit is exactly like this. let’s be honest: no one knows what the market will do. no one. so buy. do whatever the f*** you want. don’t listen to the advice of others. if you like the tech and the fundamentals and you think it’s a good price, buy it. if you want to see what the market will do, hold. if you’re worried about losing money sell. do whatever is best for you. there is no one answer!
and why would you want bearish posts when sentiment is already bearish enough? what's your agenda?
i literally only see pessimism threads in this sub
that’s funny, this sub is full of bearish cinnamon. i’m not sure what you’re reading. all i read on here is how everyone’s an aping idiot and that the next bear is “just around the corner”. suicide hotline is pinned y’all!
is that actually true? im seeing a good 50-50 split looking at hot posts. diamond hands on one side, and people like you "let me tell you this is an echo chamber" on the other. "just like in 2018 herd mentality is stronger than ever. " is one of the most upvoted threads...
my crystal ball says eth will go down to 700.500
i'm new member in reddit, hope still here
you should check monthly sceptics thiscussion thread.
hopefully it keeps crashing long enough for me to get my check from my retirement benefits and put it into crypto. buy the dip?
that's why i go to twitter to get my info
i love how there is zero technical analysis here. this guy called the crash 3weeks ago
the biggest threat to each individual on the planet is internet censorship
really? i've noticed the opposite for this one specifically. definitely the most cynical.
bearish warnings but no truly bearish confirmations. can bitcoin close dailies above 38k? bullish can bitcoin close a weekly above 42k? bullish. below those targets? probably more downside. this is what to watch for. it's going to be a volatile struggle long the way. wait for confirmations before getting bullish or bearish
yeah true, just remember that bull and bear different sides of the same coin in cyclical time series behavior.
so where can we find level headed opinions?
tbh all posts are downvoted because of the moons thing
you could not find the china news posted here at all. i assume it was downvoted.
imagine how insane the political pages are. the lefty people on here just agree with each other until everything they think is based on a cartoon world of ideas. i agree with your post i've seen it a lot.
can't dump if you do not pump.
oh give me a fucking break. the front page is full of fud posts just like this one and has been for days.
what you mean with bearish posts. do you have an example of a bearish sentence?
someone explain bear to me ? i seen that term alot in the daily thread
note that this includes bitcoin's sub
there are bears here? where????
issue is speaking to crypto community about stop loss, we don’t know what that is, it’s hodl til moon or lambo only.
yeah, no, there are many bearish comments and posts that are upvoted [here is one example](
this is just one massive r. anyway shib will be 5000x by tomorrow.
i just started getting into crypto a few days ago. did a lot of research before hand and hadn’t really seen much about the impending doom and gloom and crash from orbit. i’m out a decent chunk of change in my first few days, and it’s honestly scary but if i lose the money i’m right back to where i started so i did let really lose anything.
so what do you suggest we do? sell?
and yet, this very post talking *about* bearish posts is upvoted a lot. ah, irony never gets old.\^\^ so the trick is not to post bearish posts, but to write in such a way that it appears like a post *about* bearish posts.
sorry, but when someone post here to sell everything you have because the market is crashing is the biggest bullshit i ever heard and the person would deserve a bullet in her-95% while it is a common knowledge it will definitely go back up. some of you spineless piece of s\*it maybe have this in your interest, but you basically ruining people life. the reddit was full of "sell everything" shitpost and i was thisgusted. ofc we upvote bullish post and downvote bearish, because most of the time you make no sense. bye
i agree, to the moon 🚀🚀🚀🚀
i mean it goes both ways. while this drop may signal a bearish reversal, it has an equal chance to be a correction for the next few months before a bullish fall
link us to your posts oh saviour. ' prove your worth as a martyr. ' verify your virtue signaling
the worst are the posts and comments advising new people to hold even when they are already heavily in the red. they claim holding is best at all times. the best is to have sold at the peak and buy back in at the dip. you're a moron if you hold as the price continues to fall. you're just losing money and even if the price goes back up you would not realize any gains until it comes all the way up to your price and beyond. which it is not garenteed to do.
i just dca into eth and btc in a vast majority and a few bucks into stellar bc i think it’s a cool project. if i still lose fiat bc the big 2 takes a huge shit, then there’s larger problems to worry about.
i totally agree with you about other subreddits that focus on a single coin (\*cough\* ), but this one does not have a downvote problem. if you look at all the top threads today on , they are mostly neutral or slightly bearish. either you have selective seeing, or your post did not age well.
well, you got over 3200 karma lol
no sir. bulls only please.
anyone get moons this month?
so what’s your advice... go on... we can take it
jesus man, this sub only has complaining posts i swear
is that why this post is doing so well? because all bearish posts are downvoted into oblivion? every time there is a down day, there is always shit like this on every sub, just like every red day peter schiff is there telling people to buy gold
you expecting similar dip tomorrow?
speak for yourself, young man!
same thing happens in a lot of the re investment subs but it is primarily from re agents, mortgage brokers or people that rely on the industry booming.
well… yeah. people who sell make the crypto go down. we don’t want that.
i think people should be buying this dip, but i also think it is ignorant to say a bear market would not happen. however bear market in stocks does not last very long. if you're young you have time, do not sell or you're just handing your money to the guys richer than you. (also have a target that you plan to sell at, holding forever isnt always a viable strategy) smaller coins can 10-100x larger market cap like btc could 10x % but realistically in the short term a 3x% is realistic. best way to not sell is do not look. if you keep watching your money decrease you'll think you can buy back in later but at that point its 20% gone already. hodl it!
bearish posts and bullish posts should be downvoted equally because anyone who talks about crypto in black or white has an ulterior motive. bearish posts can be seen as market manipulation. there are millions of people on reddit. convince a thousand of them to sell off their assets and reap the benefits. if you're here for the investment, you panic sell, and manipulate. if you're here for the technology, you hodl. it's crypto *currency*. that's what makes it valuable to me. decentralized currency run by people, not banks.
this sub isnt as bad, but i'm still holding some gme and seeing people say shit like "the math works out that it could go as high as !" and all kinds of other silly statements that are terrible for new investors. same with the shiba sub where people are saying .10 or even . obviously, those are extreme examples but i've begun to realize all of these investing related subs are varying degrees of blind and sometimes simply outlanthish bullishness.
whether your are bullish or not kind of depends on your entry point. if you got in at 10k, which was just 7 months ago, you are still up multiple times your initial investment. you will still be bullish. if you got in at 60k, you might be ready to kill yourself. people never stop to think about where the poster is speaking from. what was his entry? what's his position and how much is he up or down? that context is important for gauging whether or not that advice is applicable to your specific circumstances.
you do realize that most people here probably do not trade right?
why people hate crypto thiscount, with those values you really do not see its even better than black friday promos? smash that buy button for bastet power chest! are you waiting for october next drop to work on that?
still farming moons eh
this is not some epiphany, it is like this every 4 years
there's a monthly skeptics thread that is the very top post of this sub full of people making bearish predictions. what else do you want?
yeah, the real crash will come when usdt falls below 1$.
agree! my curious questions often get removed by moderators just cause i’m asking questions. the censorship in the crypto community is just like a dictatorship, which i find ironic since crypto is suppose to be decentralized.
let's go buy etheream now!!! let's make a come back etheream to take over bitcoin!!!! pass the torch people!!!!!
reddit is no place for reasonable thiscussion
is anyone getting this error when trying to claim moons ? " uh oh! we hit a snag" . any idea how to solve this. ?
every guy on here is just out to make a buck, the holders telling you to stick with it, the bears, do not fucking listen to any of them! stop looking at this sub and go out for a walk or something. trust your gut and that is all.
everybody say it with me...death to the ccp
stonks only go up, same with money
i think you have it wrong. this sub is used by crypto enthusiasts, **of course** people are going to be bullish. the people here commenting and voting believe in cryptocurrency and want it to succeed. expecting people with negative opinions (even if they are right) to get upvotes seems naïve.
if you have not watched uncomplication's video on what's happened, please do and share your thoughts. dude called it a few weeks ago
to the moon, right gang?
could you pm your deleted posts?
true that, but when you sell you lose. if crypto has taught us anything over the last 10 years, the losses will be mitigated on big coins near the halving if not sooner. i can wait.
as someone new to the cryptocurrency game...i'd describe it as an emotional roller coaster, built in a mosh pit, on an tropical island surrounded by an infestation of bull sharks. scary place. but hey...the suns always shining here. thanks op. this is nice to read.
maybe (taoist story) there is a taoist story of an old farmer who had worked his crops for many years. one day his horse ran away. upon hearing the news, his neighbors came to visit. "such bad luck," they said sympathetically. "maybe," the farmer replied. the next morning the horse returned, bringing with it three other wild horses. "how wonderful," the neighbors exclaimed. "maybe," replied the old man. the following day, his son tried to ride one of the untamed horses, was thrown, and broke his leg. the neighbors again came to offer their sympathy on his misfortune. "maybe," answered the farmer. the day after, military officials came to the village to draft young men into the army. seeing that the son's leg was broken, they passed him by. the neighbors congratulated the farmer on how well things had turned out. "maybe," said the farmer.
“truth never damages a cause that is just.” ― mahatma gandhi
“in a room where people unanimously maintain a conspiracy of silence, one word of truth sounds like a pistol shot.” ― czesław miłosz
reddit is pretty toxic, ngl
thank god i'm not the only one! i had a feeling we'd be seeing even more red considering all the fud coming from everywhere and sold what little i had invested at a slight profit. hodling is nice and all, but it just makes more sense to sell before hitting a loss and buy back in when it is low imho (not investing advice, just how i feel atm with how volatile crypto still)
my bear post got deleted by mods! i’m special!
it makes me wonder how many people panic sold today... most people dont like the bears but i do. i can buy more. well until i run out of flat. like today
it's okay to have a bearish opinion
then don’t be a bear
i bought my first crypto today, , wanting to buy a tasty dip, and i’m down 🙂 i see red i buy
i just remember that the amount i own did not change. the amount of value that i receive from owning them is greater than the dollars i'd receive. i've learned how to be patient and i've got planty of time.
another reason to creep most of the time here, i dont understand the hostility towards bears at all.
yes, this is dangerous, you guys better come to cryptomooncalls.
keep in mind it is a crypto subreddit... why be here if youre not bullish on the entire space?
i heard crypto only goes up, care to comment?
try hanging out in r, called a shill, and told to fuck off.
and if you point out that crypto is currently just a pyramid scheme cult, you get banned!
as his cautionary post passes 10.5k
they are scared to admit crypto is made for rich people to get richer. thats why elon is going in on it. power and money. he will hype it up now because it is cheap, so he can spend a million on it or something and hopes it will increase much in price to sell and go to the next coin where stupid people will praise him
and can i say that cryptos are a scam controlled by the same that controls hte regular market ?
i have noticed there are a lot of bots on these sub reddit is and the moment anything bullish is posted there is immediately tons of upvotes. reddit hive mind sees this as a good thing and everyone is all respectful and happy over it. the bearish ones do not get upvoted to shit by bots so reddit hive mind does not appreciate that. lol fucking stupid
maybe you have a point, but i feel too many are overly optimistic about their coins. i like to track this sub specifically to get some different views than what normally is held in the xrp sub for example.
duh this is a scam perpetrated through culture and bullying to take the money of the vast hopeful, ignorant populace using old tricks that the regulated markets regulate for a reason
most likely holders using bots to up...
just keep spamming “to the moon” and “doge ” and everything will be fine guys
>every comment i post in the daily about a position i had to cut is heavily downvoted. do you have an example of this? a comment where you got heavily downvoated.
do none of you visit the skeptics thread?? it has all the fud you need. market fud, tech fud, chocolate fud. i’m extremely bullish on crypto but i like to spend more time in the skeptics thread than the dd
just because china banned crypto does not give anyone a reason to be bearish.
its like chinese media. heavily regulated. me and my friends were looking for such post yesterday and not one make it to top of the page...
op, like, how else will virgins who want that free money actually make it if they do not do their utmost to encourage bag holding so they can sell quietly?
if you say “i bought high and sold low, the bear is coming” or something similarly stupid, you deserve to be downvoted. you’re merely feeding misinformation and glorifying your own stupidity. there is a big difference between that and actually giving advice or logic based on fundamentals. if you get downvoted or banned for that, then that’s bullshit. and you’re not wrong about other subs or any sub on reddit. they’re all echo chambers, but saying something stupid is fair game when it comes to downvotes.
being bearish is a negative thing. this new market is driven by social media hype, not fundamentals. you keep the run going by keeping the hype alive. bearish comment, correct or not, work against this. if the first thing a new user sees is something negative it reduces the chances of them buying in, which contributes to negative pressure. shiba did not explode because it was a wise or smart investment. shiba exploded because we said so, and more people everyday are coming to realize the power of coordinated action. anything that does not contribute to furthering the goal of everyone coming together to push where the push is needed, yeah, i downvote. and here is your chance to downvote me. enjoy.
yeah it does seem to have a majority bullish tinge. the best advice i saw was prepare for the worst hope for the best.
dude this is fucking reddit
>when i first entered the market earlier this year, maybe thats why
very true, and it seems that the sub is growing attention, we don’t want to end up like wsb after gme
wow the fact that this post has more than 13k upvotes scares me but not surprise
down vote this man! i'm jk. i agree with his statement
thank you, very educated investor, for trying to save us. your sacrifice is noted.
these last few days are really validating your perspective.
when the fun stops, stop.
one issue that i have literally just noticed (because i tried to make a post and it was auto-deleted) is that there is a 500 comment karma requirement to make posts. i'm not questioning whether this rule is valid(it could very well have been put in place for good reason) but it does provide a thisincentive for new voices who do not regularly write comments to bring new opinions to the table.
what? we go to the mooooooooon bruh
hold, hand to hand, diamond hands
maybe the bearish view sucks
the hf tentacles are everywhere
where would you recommend to get my crypto information from? because this place is pretty much where i get mine, but there must be better right
wow butthurt bears abound. this is just bear hopium, the bears want really low prices and know that forgoing a blow-off top will bring even easier accumulation. don't blame bulls for being bullish during growth, i do not blame bears for being bearish 99% of the time.
stop making caution posts then hype is life
maybe it’s because it’s said posts that cause the self-induced bear market when it otherwise would not happen?
we just need to know, when lambo?
because they are fake?
the pain... and i am enjoying it because we weed out leverage shithead and paper hands
some will get rich most will get rekt sir it’s a wendy’s what’d you expect?
i wish you stated that as a haiku
so your saying doge coin to a dollar?
roses are red violets are blue this post of yours rocks and so do you
somebody watched the big short !
"overheard in a washington dc bar"
*deleted by echo chamber*
truth, like poetry... unveils some of our deep fears ...we fucking hate it.
pyramid scheme needs new players no? if everyone sells it all goes tumbling down.
damn, i hate poetry.
it was a poem but they couldn't read
- overheard at a d.c bar.
take my free award
>history does not repeat itself, but it often rhymes.
not, say any nmw s perfect
they hated op because he spoke the truth. shut up, op!
as a reporter, i can report this is true.
-abraham lincoln (after watching the big short)
i love poetry 😓
someboddddddy watch the big short recently and that guy was me lol that’s my fav quote from the film
some random guy in a bar
we just going to rap about it, 1 pac 2pac 3pac 4, 3pac 2pac 1pac non
le boomers in the crypto market after yesterday's crash rose are red reddit is old time to fold, back to gold
haha the truth hurts
100% agree. and a phenomenon that is not talked about or considered is that someone who'd like to think of themselves as a long term investor can suddenly change their stance once they are deep red. if anyone divulges that they have had this change in stance, a sea of confident "if you cannot handle the heat, get out of the kitchen" comments come around. but nobody is warning new investors that even if you feel confident in your play today, you might not feel confident tomorrow.
yeah i'm a short term gambler. i do not care about the coins themselves. i want money. when i see all these posts about people panicking about the drop i realise they must be short term gamblers too. if you weren't a short term gambler why would these drops even bother you?
i consider myself a long term investor- but why shouldn’t i make money at highs?? when bitcoin broke support line a few days ago - i sold all my crypto (at huge profit) and i intend to buy in when it’s done falling, and hold again till new highs
everyone here is a short term gambler until they get stuck with the bags too big of losses to sell, so they turn into long term holders. at least you do not get banned for posting and just downvoted. like doge, shiba, safescams, they will just ban you if you even mention the word sell.
at least 50% of this sub is kids with under ’re warren buffett lol
yeah. i'm just trying to put a bit in here and there for the long term, alongside some money in stocks and such. dips are not really that worrying for me, because i think all the coins i've invested in will bounce back. this past year though, there have been some massive events in the market with gme, bitcoin, ethereum, doge, and some other assets spiking (and) abnormally high in a short time. this attracted a lot of people who wanna make a quick buck. that along with some big players taking the crypto market more seriously has made things really volatile, so people seem to be freaking out at every turn for one reason or another.
also, every bull cycle brings in a flood of people who won’t listen to shit counter to their moon dreams. i feel like people from previous cycles don’t talk nearly as much and just loiter. i’ve been in the market since 2015 ish. i see a bunch of people in the comments who went through crashes and bear markets before. but they’re almost never the ones shilling and making actual new posts during the next bull run about “all other tech is shit, this is the future, to the moon!” the ones fervently posting during a bull run are always new people. it’s to be expected. i doubt it will change in the next cycle or the one after that. there will always be people betting their life on the run up. there will be people with thisturbingly evangelical type faith in their chosen coin. there will be people asking for price predictions and when they expect to retire off their 1 coin. it’s just the way things are. it will always be like that unless crypto becomes so massive that price fluctuations and speculation stabilize. that won’t happen anytime soon.
the one thing i've noticed, though, is that there are a *lot* of people who just come into this sub (and other crypto subs) to spread fud. i understand if this kind of dip is not something everyone can deal with, but i also do not need the people calling all crypto "a scam" or telling me how stupid i am for being a crypto investor.
everybody claims they are a long term holder. but they got no strategy which leaves them holding bags when their "investment" dips. see the same things in both stocks and crypto.
nobody likes to hear the glass half empty here.
this sub right now is absolutely full of noobs. the new great one is vechain despite having basically only walmart after 4 years or promises. most people that bought it have absolutely no clue what it is, some dont even know vtho exists. its fucking cringy.
i mean, in that case, maybe bearish posts should be downvoted into oblivion. i mean, if you think you can play this market correctly every time, just do it, but most aren’t going to be able to. and if you believe in the tech, like this sub is for, you’ll hold on to something long term.
i’ve watched my portfolio reach an ath last month and now it’s below what i’ve put in (mostly) so i am certainly here for a longer term now, i ain’t here to cash out for nothing
yeah i've been thinking about getting into crypto, and for me it would be a way to get in early on what i hope could be the currency of the future. but the thing is, while i see tons of people here talk about how crypto will be the currency of the future, when pushed most people reveal that they are hoping to make money off of crypto. meaning they hope the value goes up so they can sell it for more *fiat* currency than they bought it for. and if that is somebody's plan, then i cannot take them seriously when they say they think crypto is the currency of the future, because if they truly believed that they wouldn't be planning to sell it for fiat when the price increases. and that makes me doubt that it will actually be the currency of the future.
its a reflection of one of the biggest mistakes in trading. have a strategy before you enter a trade. you dont go perma long if a trade doesnt work out, you cut your loses, protect yourself with a stop loss. risk management. everyone is trading risk management for hopium. i get it, hopium and dreams of lambo are far more enticing than reality. me eating this 3rd hot pocket whilst telling myself dw i will diet and go for a run tomorrow is far more enticing than dieting and going for a run right now.
yep, i blame the success of wallstreetbets and gme for making people think there is hidden knowledge in any money related sub
that seems to be a problem. long time holders wouldn't mind the dips. at the end of the day idea is as you said long term. now would you be sad because you did not sell at high so you can re-enter your position with more coins? sure. but the idea behind hodling is to keep it and see what happens in few years.
there long term is one month.
can confirm, want money fast
it's all watch and hold until it is panic and fold
"shilling" is the game
well and also people kept urging caution in the middle of a bull run, which is a bit like screaming it is going to rain and so everyone should stay inside - in the middle of a heat wave. you scream it over and over whenever the weather is good, and you're ignored and then one day it finally rains and you scream "see!! told you!!!" you arent predicting anything really. it's not helpful information. it's like predicting i'm going to die. i already know that! it's not useful. predicting i'm going to die if info to that party on the 27th because there are too many people going, actually useful. telling people to be careful when the bull is running is gonna cost people money. humans are loss averse, but being loss averse often leads to shorttermism and opportunity cost. this often then grows into fomo and just general all around bad decision making.
you’re trying to maximize your profits and limit your losses - most people in these subs don’t understand that last part. if you keep taking deep l’s there’s no guarantee you’ll end up going towards the moon.
the one thing i’ve learned from this sub, is that there’s nothing to learn from this sub.
sir, this is a moon farm
almost like the sub is visited by many people with different views. but these meta posts are honestly the least useful of them all. i most often see at the top “this sub is bla bla because of x” with 20 awards. i’m here to thiscuss crypto, not subreddit drama.
just remember, some of the strongest steel in the world is forged in the belly of a dumpster fire. or something wise like that
yup. no one knows shit but we're all along for the ride
the internet is a tool for gratuitous self congratulation like attracts like
it's almost like there is an echo in here or something
"if it goes up, i'm a genius. if not, that was a mistake"
everyone wants to be a prophet.
this sub has like 2 million people in it. idk how tf one generalise everyone lmaooo.
well, it’s made up of nearly 3m people, opinions and ideas will vary.
honestly i just use this as entertainment. my investment decisions are completely detached from reddit.
> "we are all fools in a parade of cowards, and not only do i participate in the festivities, i occasionally carry its banner!" mark twain.
reddit is pretty much designed to be an echo chamber
we are blindly stumbling through life from one fire to another shitshow
reddit is fine. just some subs have better communities than others.
it’s okay, you’re still amazing in your own way!
hello shitshow, this is patrick
reddit reminds me of the harlem shake parodies on youtube. everyone just doing whatever the fuck the want with no rhyme or reason 😆
so is facebook. and twitter. and instagram. and tumblr. then have you ever peeked into the youtube comments section? people got themselves some internets, and wasted no time in turning the whole damn thing into a shitshow.
i know bro especially you ! i saw you shit yourself so bad
“as they say on tv: the mere fact that you realize you need help, indicates that you are not too far gone.” \- lucy
which is exacerbated by the moon economy unfortunately
no, at this time they are bullish - see this post.
a post that tells the harsh truth i do not want to hear? **fud!** a post that will tell me to think of taking profit? **paper hands** a post on how it is the "whales" manipulating the market and not a market downtrend? upvote and comment **"bullish"**
if we become aware of our own confirmation bias, does that mean we get confirmation bias about confirmation bias?
[people would still have their money if they didn’t down vote me]( also we have one more drop in the wyckoff pattern so the bleeding isnt done yet. we may also have bleeding additional from the head and shoulder patterns and shit coin bubble pumps.
i want pump and pump, if i downvote dump it will stop right?
remember, betting is a worthwhile pastime
oh perfect for me then, i cannot afford money!
remember, you should never lose moneyed guys who can afford you.
if you're able to stomach the red, eth is probably the best long term hold available right now 👍 where people get tripped up in their heads is "could i sell now and buy back in at a lower price?"
if you're gambling with your money, then no. do not hold. if you're converting your money to crypto because you're excited about the future of decentralized assets, then yes! hold on for dear life! (not because we're going to the moon, but because the technology is valuable)
i come here to read my own posts and agree with myself.
another fingerman classic. thanks frank.
hello frank, how are you?
> frank fingerman would haver guessed your real name from your username
i dont know, ive read plenty of bad post regarding shiba inu on here and yet its the one token where i have made the most gains
yea exactly. and for me (with regards to ops post) its not the caution i am against. caution is always smart. i revolt against people who claim they know whats coming next. don't confuse someone calling the start of the bear market with caution imo.
oh no... hows he gonna survive without moons
>pretty much any sub that gets this large, especially this fast will become a massive echo chamber yes, just look at what happened to wsb
by my observation, downvotes are used just to bring down someone's karma in general here. i made a post earlier today that got no attention but somehow my default upvote was still leveled down to 0. i agree though. downvotes should not be given to people with different views, as long as they are constructive. downvote people that are destructive to the space, by all means. but if someone has a different opinion that sparks proper thiscussion, that would still be a win for the sub.
i remember the wsb sub around gme peak. it was a shitshow. it was obvious that shit was going to hit the fan. some dudes are still on the short squeeze trip. i got out with a decent gain, but it could be waaaaay more if i stood away from the echo chamber and made my own decisions. lesson learnd.
i did not knew that until some weeks ago, i made the first account years ago...
do not come at me with logic, i might be made to feel like a dumbass
that's an interesting metric
and that is fine. the first rule was do not put in what you cannot afford to lose. don't start investing in crypto.
you are officially banned from this sub
well, i am shutting the app down for 24 hrs. hopefully this shit show will be done by then.
at the end of the day mate, you do you. all you can do is do what is right for you. fuck everyone else
that's fine my dude, not everyone can!
no more setting up a charitable trust dedicated to funding education and hunger prevention for children in need. at least, not yet...
if your goal is to hold long term, knowing what we know about 2018 and earlier, looking at macro trends really is not helpful outside of understanding market behavior a bit better. and honestly, if you're in long term you can spend time retroactively looking at all of this in a year when we have more context. the issue is not that the people saying "do not panic" are wrong, it is that long term investors and short term ones are all in the same place using the same vocabulary and talking about the same events, but coming from two different places. context matters.
bull trap 2018? if you held in 2018 you'd be doing pretty good.
so you think we’ve peaked this cycle and we’re only going down from here?
bull trap of 2018 for what tickers?
im with you, its crazypills in crypto right now. even among most of the experienced and wisened of us. the truth is in the charts. sure the charts arent going to tell you with certainty if theres a god like bounce coming. but it sure as fucking hell, for weeks now, has been telling you to tprotect yourself!!
that is a valid way to give yourself visibility into bearish sentiment for sure, but does not solve the issue of mostly bullish sentiment flooding the front page every day - where the sentiment is consumed by thousands more people. but like others in this thread have said, there are many more bearish posts floating to the top now that the market is down.
everyone said you can only lose money in dogecoin, all the newbies gona be scared away from crypto. well what about the people that bought eth at 4400 or btc at 60k+
why did you think that? and besides everything dipped.
how is it the right move? i do not give a shit where the floor is, if anything i want it to be lower. i sold at the ath because i do not stick my head in the sand. if i rebought now my portfolio would be double.
that sounds like it would have been a very helpful post. i would think it is embarrassing to whore around for karma until you have enough to post here, but that policy is probably one of the easiest methods of mitigating bot accounts
decreases brigading. necessary evil.
its not even really a correction its back up to .
eth and btc lost 60% from ath today (at theyre lowest ) and people are still refusing any kind of bearish sentiment
one of the reasons i made this post was because i commented in the daily this morning saying that i had to sell my vet position to give myself some cash on hand to reinvest later. how do you think that went? :)
i def hope your cleaning lady sold at the top and made out like a bandit
another 10* would place the value of the crypto market at around 20% of the world's combined gdp. at more than double the value of all the gold ever mined and so on... it's delusional to think that'll ever happen. these people have lost all sense of reality.
no shit, eh lol anyone who bought the bottom of the dip is now up 20, 40, 60% depending on their coins of choice.
those posts only ever made it to the front page because they are framed as "i am a veteran from 2017 and finally taking profits." they are the success story for holding and encourage holding so that you can be like them someday. i do not thisagree though, as of ath there have been an uptick in those posts.
happy cake day bish
stocktwits is the most hilarious of them all for sure. insane bot spam
do your own research but not if you come to a conclusion different than mine
i agree there has been an uptick in the past few weeks with the "i sold" posts, and some others. i replied to a similar comment on this thread that many of those selling posts were framed as "i'm a 2017 veteran, time to take profits" and the indication is that if you hold, you can be like them too. at least that is the vibe i got from most of the "i sold" posts
and here's an award you goddamned madman
the question is do you need a g or an oz
i read your post and am ashamed i did not upvote in retrospect. but your post did give me pause and make me consider an interim strategy, thanks for that.
judging from the shitcoins community, i think its 100% everyday since their buy positions filled till their stacks swell to 1000% in a few weeks without dropping
yup, i have learned a similar lesson with respect to using the greater sentiment of this sub as an indicator. to your point it does not seem like people want to thiscuss anything, rather just hype each other up. i often have plenty to say but do not post because i know only few people on this sub are interested in hearing anything that it is not 100% bullish :) seems like more people are open to thiscussion now that the market is down.
op definitely fucks edit: username also checks out
i can definitely appreciate that you're trying to take those steps through official channels to push this sub into a better.
i honestly question if btc will fall off the map. or at least, when i am considering the position i want to build i tend to think all eth
i honestly think that is where wsb has a leg up on this sub. people celebrate loss in that sub and own up to it. it serves as a billboard for anyone thinking stonks only go up. few people on this sub seem to understand that if china says random shit and btc tanks, that is on you - you took that risk. instead we have a bunch of posts about "how could elon hurt so many people?"
sorry to hear that. dedicating your time and effort only for the message to not be heard is frustrating and thiscouraging.
yeah that one's a stretch. but in my opinion it is not irrelevant to thiscuss doge's recent price action and how the hype and demand really overtook the poor tokenomics. this community hates doge so much that people have to preface making any doge related comment with "i do not hold doge but..."
the butcher hath cometh
the only thing i smoke is mid
whaaat, no clue what coins you're in. -8% is not bad at all
shit, that is a pretty intense perspective
good stuff man, sounds like you've been around to see the writing on the wall. i'd love to hear more of what you have to say about experiences of the past and what your opinion of the future might be fore this cycle. i got in to this january of this year and plan on holding for at least 2 more market cycles and adding more to my holdings (bought more today). just trying to educate myself and hopefully keep strong in my convictions. cheers
that is a very articulate description of the psychology behind this phenomenon, and definitely applies to more than just crypto
enjoy this award bish
as opposed to the unemotional evidence laden bull posts?
i believe we will see bitcoin merge with eth and ada and become the currency of reptilian aliens taking over the lower hemisphere. spreading fake information to the northern hemisphere that this is not a market crash. spoofing the internet, so we do not know the real prices.
i agree with you. i think this concept might not be obvious to younger or newer redditors.
this is a common theme on the sub but does not give any consideration to the fact that a lot of people are met with a change of heart when they are deep in the red. and it is fine to change your mind, we all process our emotions and act on them differently.
now that the market is down significantly these posts are floating to the front page. if you ever posted something like this near ath you'd be shot on sight
i absolutely appreciate the level of belligerence but you are illustrating my point
i do not have any links on hand, my bad. try to consider how the following comment would be received in the daily thread while we were at ath last wednesday: *"the price levels are currently supported by mania, and the market is due for a significant retracement."* it would not have been warmly received.
bearish sentiment is one that predicts the price will go down. bullish sentiment predicts the price will go up. people can be bullish long term but bearish in the short term, and vice versa.
elders are saying the same things over and over again. buy with what you can lose, count with the bear, keep calm and stack those sats. nothing more.
i suggest you take in all the information that is coming at you and evaluate a decision that makes the most sense to you. the point of this post is that if people are only seeing bullish posts constantly, they are not in a good position to make a level-headed decision. the same applies to only bearish posts, given that many more bearish posts seem to be hitting the front page now that the market is red.
this was my advice to someone who made a similar comment *i suggest you take in all the information that is coming at you and evaluate a decision that makes the most sense to you.* *the point of this post is that if people are only seeing bullish posts constantly, they are not in a good position to make a level-headed decision.* *the same applies to only bearish posts, given that many more bearish posts seem to be hitting the front page now that the market is red.*
what about the stories of people that sold, rebought in lower to increase their stacks? you sell you win more.
you mean the internet.
you can be bullish while being level-headed and thiscussing the risks and downsides
this one's for all my cautionary brothers and sisters who had their posts shot down
this is like the 3rd time they have banned it. can't wait for the next time they ban it to buy another dip
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the global crypto sentiment is not dictated by this sub and this sub is not capable of wishing the moon into existence unfortunately.
well since i'm here, i'll grab a spicy asiago ranch chicken club combo, please.
*truth, the crypto's foe* *a familiar constant* *oh shit, now i'm broke*
wheres haiku bot when you need him...
took a dude like 13 minutes to haiku the living shit out of that and manage go broke from crypto balls! f props 👌🏻👌🏻👌🏻
poems are as truth - that is, day traders hate both. refrigerator.
truth is like poet ry, and most people fucking hate poetry. butts
truth is like poems most people hate poetry like this one right here
yes! buy the doggy dip doge fam! we held the floor of .28 so it's guaranteed to go back to .80 then *is the kind of thing i would expect a die hard doge "analyst" to say*
roses are red violets are blue most poems rhyme this one does not.
some coin named pancake bunny fell 95%
i've been buying for 3 years. there is no reason for me to sell any investment, crypto or otherwise, until i have enough to retire and stop working. short term investments are not my thing. dca up and down.
yeah i sold yesterday. now when i buy back in i can have a larger number of coins. people like to forget that there’s two parts to “buy low sell high”
i also wonder the ages of many of these people.
if im deep red i sell and rebuy and lock in those losses. wash rule doesnt apply to assets like crypto and youve got to take advantage of it so youre not afraid to take gains, which is a hodlers other problem.
this totally happened to me. i bought in around 55k, have not sold yet, but have def considered it.
couldn't agree more, watched a lot of peoples videos on the crash and a lot of the influencers were cheering on to buy the dip. its fine. its gonna bounce back pretty quick. only saw one guy in the feed show he lost like 60k. say its probably gonna be sideways a bit and to just hold it out and if you believe in crypto to buy in with what you can afford.
bingo! and tbh homie, you do you- the vast majority of people are in this for the money, so all the high horsing is silly and absurd.
every once in a while, there will be posts about real life application of crypto and everyone will be this is good for crypto etc. and deep down i'm thinking, none of you all give a fuck about the future and real world application of crypto. most of you are just in it for the quick buck.
oh wow, thats actually nuts
and short term gamblers pretend to be long term holders to shore up confidence so they can quickly dump everything before everyone else the moment it dips.
i thought i was making a long term investment when i bought eth a few weeks ago, my first time buying crypto. whoops. at least i did not put in more than i can afford to lose, but i'm definitely going to be holding it now. haha
this is a really great point and imo an underrepresented perspective.
those are way fewer, and less dangerous imo, than the ones where people are like "buy buy buy, what a great opportunity"
meh, i dont hate vet, but i think people just need to be aware of what they are buying, i do agree there.
+1, but i strongly thisagree because the only way a community like this one works in the way intended is if every voice has the same weight, and we consider all perspectives. and i mean, we could argue about uovote and downvote implications on that alone, but i think bears are a crucial part of this sub and are way undervalued, and there is no real way to fix that other than thiscourse.
no one understands what it will look like as the currency of the future. they cannot visualize its success. some dude asked me why and how i think it can do better than the dollar, i had to be like, i'll get back to you. i have a vision for it, it just seems sort of silly. but when we think that the dollar economy is basically held up by emotions that back dollar value, i do not think it is silly to have crypto coins flying around like emojis and mascots of all our favorite feelings, activities, and organizations. its basically just a money future thats way cooler than what old white dudes at the federal reserve can thish out. there's room for the dollar to improve plenty, so why do crypto when we can just improve the dollar? because crypto can be more fun, cuter, sillier, and adapt in usefulness faster than the fossilized dollar infrastructure. and all the big tech companies are going to want ownership of that. banks and reserves would not be able to keep it to themselves.
yeah, i think you need to first figure out what you want. quick money- memecoins, baby. long money- dyor tech research. the tech is the real key here. not the coins.
i also think, hot take, those are most likely the kids.
yeah, and posts saying anything other than holdl are downvoted
oh yeah, i agree, there are a lot more factors at play here, 100%.
yeah, i mean, i'm not making a value judgment on either type here, just pointing out that (imo) the reason for ops observation is that people do not actually know what their true goals are.
did not know you could post gifs in the comment
way too true. same as the stock subs. there was a post similar to this one there as well and i’m here for it
and here i am,(recently subbed) thinking i could learn shit from here. turns out its just ripoff of r.
i think that’s mostly what i mean. the meta posts. i love the insightful ones explaining what a project does and why it’s useful.
dumpster steel. sounds like a shitty super hero lol
yeeeeep lol. we need an official copy pasta for bear and bull markets lol
personally, i’m not savant or anything, but what i did know is that this would not last into the actual bear market. i figured it would quit, slowly creep up and maybe maybe bear early. either way, i figured it would end shortly and we’d “recover”. nothing too crazy and pretty much what everyone was saying. lol
i’ve never felt so exposed by a dead author ![gif](giphy3uuhbqhofwyba)
where is this from?
self selection looks a like problem with humanity in general :) places like reddit and other social media really are great at exploiting that.
reddit and the chamber of echoes
if one needs confirmation, check out
true, so are there any good r?
you really think so? think so? think so?
all social media is
i mean the site is divided into sections or "chambeds"of like-minded people so they can echo similar views.
isn’t the simple solution to this , just to sort by controversial in each sub you read?
well, it is my opinion that reddit is actually an echo chamber.
i prefer the term “circle jerk”. reddit is a bunch of people liking(jerking) each other when they agree. everyone has the choice to downvote someone they thisagree with. echo chamber sounds so unavoidable.
amen, and i think the karma system plays a huge part in that. if you accept (like i do) that: 1. karma is a metric for the popularity of an opinion on a subreddit 2. many very active redditors place value on karma then naturally the allure of karma motivates people to repeat a popular sentiment, that perspective becomes more prominent and more rewarded, and the cycle just keeps repeating. gradually people believe something must be true if it is repeated so often, and so contrary opinions are met with hostility + downvotes, making them less likely to post there again (or else motivate them to change their tune). i honestly think reddit would be a much higher quality forum if karma did not exist, or if it was only used for its intended purpose... but neither of those things will happen, so the only intelligent thing to do is to keep that knowledge in mind when you read anything on a popular subreddit.
exactly, if i wanted to read negativity about crypto, i could literally go anywhere else on the internet and would easily find tons of arguments on selling and bubbles. i like to come here to feed my confirmation bias but yes this should be a safe space for all dialogue.
this sub turned me from risk averse to a gambler lmfao
shitty day for a cake day...
i'm so tired of this already and i've only been here for a few days (literally) after trying to figure out what was going on with the subreddit.
you're not slick because you guessed the price movement once lol you even used a completely false fact (china banning cryptos which was debunked as a mistranslation for fud) to justify it lmao
the wholesale slaughter has just begun.
people will stop dumping if you down vote bear post. works every time right?
well of course, have you seen [the cost of a dollar lately?](
thank you for a real answer! i think i’m gonna hold tight. i didn’t buy at a crazy low, but low enough to weather this fucking blastoise of a storm. thanks for the reply.
so could i sell now and buy back later?
lol, i do that too. i read the post and think to myself “wow, this guy is really smart”, and then i get to my signature at the end and i’m like “oh! it’s me! that’s why!” frank fingerman
oh goodness... i got in on some otm msft options last year and people were all like... paper hands when anyone sold. quite literally those options dropped to nothing and i bailed after taking profits. was i paper handed? yes. did i also make a profit? yep. sure did. honestly, i think it is useful to inverse public sentiment once it gets too strong like it did for eth and btc. after gme, wsb became nearly unusable for decent dd.
don't get down on yourself; some people serially downvote in chilthish, futile attempts to make the moons. the cream always rises to the top though, yo. unless the cream is bearish, then it sometimes sinks i guess
yeah! always make your own investment decisions. if theres anything ive learned from friends and family in finance it is that there is no friends in the market!
sure, but you could say the same for fiat and any investment. you could say the same for waking up tomorrow - it’s not guaranteed. but based on history and over 100 years of market information, that seems to be the pattern. i understand crypto is wildly different in many ways, but if you think crypto will be obsolete 5 years from now, you’re more than likely not on this sub reading my comments anyways. just my opinion.
i recently quit smoking and now i just toss the . it'll either pay off in 10 years, or i'll be where i would have been anyway.
this rule applies to oral sex with strangers, too.
so whachugonnado if it’s 24 months? have tea? looking for ideas...
that is a good point about both long and short term investors being in the same room and using the same vocabulary. a lot of people think they are up to the challenge of a long term investment but face a change of heart when shit goes south, which is understandable.
if your goal is long term hold... why not just wait to buy lower? imo you buy high here because there is a part of you that fomo'ed in not wanting to miss the bullrun.
i cannot wait for a bear market to destroy the meme coins, eliminate those players from the market and get back to normal boring crypto.
i do not know and i do not really care. i sold what i have and whether it goes down or up, i do not care because i have my conviction. find yours.
local dips usually follow big pumps.
except you would not because you're a loser who does not hodl or believe in the future. as long as you dca out and do not try to time it i guess you're fine but just note most people trying to time the market miss the biggest moves. go look at glassnode, i am not making this shot up
i hope so to but i doubt it as she bought near the top... she also invensted what is for her 2 months income, probably her only savings... so yea sad all around.
underrated post. i enjoy posts where users can be open to criticism and have a different point of view of crypto. there seems to be this hive mind thinking that crypto (specially, doge) is immune to market correction and that anything to the contrary you will be deemed as salty or a person who is spreading fud. i wish doge would crash if only to teach some humility to the get rich quick holders.
hey, np. i had regrets not taking profits in 2018 and wanted to save some newcomers the same. too bad this sub is just as bad of an echo chamber now as it was then, like you said.
valid point. the reactions i've gotten do not bother me too much. i know i'm approaching this entire market with an even keel approach. i certainly cannot time anything and i'm not trying to, but if what i say falls on deaf ears, at least i know i tried. to be honest when it comes to my peer group, seems like it is about who can makes the most gains and have a giant dick swinging contest.
right? i talked to a noob today who was like i went from 12k profit to 7k on doge, but it will go back up really soon... 🤣 i was like, take you 7k profit bro! wtf you doing????
thanks, man. i too want to see the subreddit doing better. echo chamber, the lack of focus research (w), and moon-farming are a problem. that's why i wanted to suggest those ideas. it'll be up after the next proposal is declared.
btc seems kind of like a ponsi scheme unless it can gain some kind of intrinsic utility. the scarcity seems like a dead-end street unless people truly use it for everyday transactions. even eth in its current state cannot hope to compete with what credit card operators do on a slow day. some of the l2 solutions on eth are still looking at one week to get transactions proved and to the main ledger. eth 2.0 will help, for sure, but i think it will still rely on l2 for the performance it will need to be a currency and a generic platform for other transactions. i do not think btc is even looking into that. it seems the value is only in its name recognition.
you make a good point regarding wsb and the losses they tank publicly. i honestly think that with crypto you cannot just have one voice when the whole point is for everyone to play a part. whether investing or mining. and even then, losses should not keep anyone up at night if people simply followed the adage of only putting in what they can afford to lose.
well, i do hold doge and i think there is perfectly legit reasons to believe it is here to stay. think about nintendo wii outselling ps3 and xbox 360 despite being less powerful, not for "real" gamers, etc. not sure what you mean by poor tokenomics. if you are referring to the supply increase, think that this year doge will have increased its supply by about 3,9%, while ethereum is around 4,5%. how come ethereum does not have "poor tokenomics"?
for a lot of people yeah. i think they maybe just did not know the proper way to invest other than "hurr durr elon make doge go brrr" and threw money at every shitcoin out there. people these days do not like to invest for the long run, or very few do it seems anyway
yeah mate i'm really happy with the recovery haha but would have been awesome to catch the dip sooner
a crash this big is almost always just the beginning of a long road down. can't see it recover from this. if is crashes more it will take years to recover.
they're just as bad. and also usually downvoted when they have little substance, though less frequently when we're in a bull market. wait until we're dead in the middle of a bear market and see how well bullish posts do lol
seems reasonable to be fair
can you link me to the roadmap? sounds pretty chill
as batshit as this there have been a lot of alien videos lately that are legit from the military lol.
nooooo you can't just say it doesn't always go up forever!!!!
honestly those who have a problem gambling money will end up loosing big time. i’ve made a profit so far however i know what money to play and what not to. i have zero debt and when i gamble with crypto, is money that if i lost it, nothing in my life would change. practically put in what your willing to lose. i’ve been in the crypto sphere for 7 years now, i understand its up and downs.
it's literally fomo too. so many occasions through the last bear market i could have just sold and rebought. i can see having long term bags that you might want to hodl for tax reasons but anything that was short term or recently bought is easier to sell and rebuy later.
what about them? they are paying a 30% tax at the beginning of the year on their profits in the us. i don’t feel like shelling out 30% to get in lower when i have been dcaing nexo for the last year. but it might pan out for you if you bought at over 3.50 or your crypto tax laws are written in german.
nobody said you could not. you should never invest in any asset without analyzing the risk-to-value propositions. appreciating assets ftw
not this sub in particular, but all posts on social media, youtube, and reddit are the reason there is mass panic. this applies to any market, if you convince enough people the market will crash, then it becomes a self-fulfilled prophecy
*comes yelling in like a pig* and where the fuck is my greasy mushroom swiss burger? when are you gonna bring it back!?
love the poem, but you have outed yourself as someone who says "fa-mil-ee-ar"
eth, doge, btc and moonshot dreams: there goes my paycheck
i never found this headband in ghost of tsushima. where is it?
stones of true value the spring shoots cover over the boulders slide down
i wish i could write the poetry like that🤣🤣🤣 cool!
this post brought to you by the bankruptcy law firm of...
i want to invest what is cryptocurrency? i've lost everything.
the perfect time to become a poet!
*moonshot or moo shit* *all the same come buy my shitcoin* *on the binance smart chain*
nice! that's all my mother allows me to spend.
depending on where you are tho taxes will eat into the amt of cash you can redeploy
someone talking about fiat printing. and how the us dollar is doom. someone trying to explain inflation. how the banks all conspire with the us government to destroy crypto. china.
i sort by new also sometimes to see what kinda stuff is not making front. there's definitely some interesting stuff.
don't forget the post complaining about doge
you forgot about the daily shitposts ''this is it. selling everything. im out. here's why'' which has 1k upvotes, then you read the text and it is a fucking unfunny troll, where he did not sell btc, but sold some other shit.
something something 1btc=1btc lmao
i'm only stressed bc i cannot buy more during this fire sale. i should start a gofundme
wow, there is a sort button? 😲
hi, im pretty new but i thought cardano was good? is there something wrong with it?
re: 9- i do not get the shilling or the negative opinion of cardano. do you not know its blockchain is 100% decentralized? how does that not make it in the same category as eth or btc? 🤔
not to gatekeep further, but we really should create a sub that only allows people who purchased crypto at least 12 months ago (or some other time period tbd)
it’s like this on every token page as well. i once asked if people were feeling nervous and had someone call me a cunt. there are some serious complexes all over the crypto pages.
you missed dollar cost averaging.
yeah all crypto subs are skilled, botted, and cults. i got sent harassing messages and a suicide watch not message by a user on the vechain subredfit got daring to question why i should hold vet instead of other well performing coins. not really anyone could answer. i just got abuse.
could you go over 1) again for the class? doge ate my homework.
wait what's wrong with cardano?
reminder: don't use robinhood
what is the sub supposed to talk about? how shit ethereum is? this is an ethereum based sub. why not create a subreddit then speaks of only the bad things happening to crypto, i'm sure that would be more successful
i will never know but i sense i am much older than most. it is weird interacting with teenagers... no offense to my young homies
i get that feeling in general on the internet. the loudest voices are probably barely 20. i think this is a big problem for public thiscourse.
it makes it not as bad with something like eth that you can stake and is safe to assume will go up eventually. in the meantime you'll just be stacking more eth and can dca in with the lower prices.
well tbh it actually probably is good investment long term. i'm more talking about these projects have have no project.
vet was my biggest holding since 2017 until not long ago. but they havent kept up with the promises while people are praising it like the biggest thing, meanwhile vet is in its worse position since it was created.
agree completely. i don’t think most have even considered what their goals are realistically.
or an awesome porn star. depending on your fetish.
he was pretty good at that.
bias confirmation - let me go look somewhere that will confirm what i believe to be true.
yep, that is what happens when you purge your conservative users. i do not know why people participate, it is all propaganda, agreeing with each other, and occasionally lynching anyone with a different opinion. i never thought there would be a day when the left became the enemy of free speech. i cannot even find a moderate forum alternative to reddit. the alternatives are filled with alt right types.
hope you get better bud
it's alright, i'd sold most of my holdings a while ago.
you just got caught up in a bull cycle this happens whenever crypto rises incredibly people just lose their minds to sub used to be a good one i recommend that you coming back after double cycle and you'll see that people's personalities change completely and after a few months it is going to be totally different from then...
do you know anyone that smokes weed?
you definitely can. but will you lose or gain money in that process is the unknown
so how long have you been doing this bit for?
i'm a pretty unremarkable person of average intelligence and talent. frank fingerman
once you hear average folks talk about an investment, the end is nigh.
stfu hedgie, ape gang to da moon!!1!!; 🦍🤲💪🦍🦍🍌🍌🍌🚀🚀🚀🚀🚀🌕
that is an amazing strategy! good luck with the endeavour to quit smoking and i hope you will get some profit out of that investment. just remember that you do not loose unless you sell (low)!
i stopped watching prices in early 2018, kept my miner on though, and then started checking again in december. don’t let crypto prices run your life especially when it’s going downwards. none of us can change the price by staring at it
the last night i’ve put a leveraged sell position on btc . half an hour later after a short dip the market revisited the same level, i thought to myself ‘maybe i was wrong to listen for the doom & gloom, it look’s like it is ready to reverse’, closed my leveraged sell and opened an overnight leveraged buy. it didn’t go that well :/ just an example for how different timeframes mix & match and can really screw up one’s mind.
>boring crypto yep this is it right here, for crypto to ever become viable long term it needs to be an interesting a buying a gold etf or exchanging usd into euros.
i do not mind a bear market either. bring those eth back to , which makes 120 eth a year, 360 eth in three years. sounds good enough to me. i will wait.
>meme coins like bitcoin, right?
anything to obliterate doge, please
while teh space is unregulated those coins arent going anywhere.
i’ve found it. double top market cycle, a lot like two cycles ago. bitcoin will go down. i decided not to sell anything and continue buying and holding as i have since 2017. i have to ask, if you “sold everything”, why are you on r? are you looking for a re-entry point?
well, not “the” answer, but i always like hearing everyone’s thoughts and more importantly, *why* they feel that way
it's fucking gambling lol people who time the market in crypto are not the same people who time the market in stocks. timing the market is crypto can be beyond obvious hence why i sold ethereum at the absolute peak. it gave you two chances and yet you missed both. hodl is missing every move so i do not know why you act like me now having the option of buying half price compared to what i had a week ago or just accepting the winnings and staying out is in any way inferior to your idiotic strategy of sticking your head in the sand because you're embarrassed that the reddit hodl memers will laugh at you. i'm laughing at you all. the only possible way i can lose money relative to you is if i do not buy again before it hits the ath once again. even then i'm up because i was day trading and beating the average gain. also i actually have the money in hand now so i can invest it however i want in anything while all you can do is sit there with a halved portfolio that may never return while calling me a loser. enjoy that pit you're in.
that is a shitty reality. hope you can throw her a few extra bones as a tip whenever she comes around
is it a matic shill? ;)
ethereum should become deflationary after the update, but i do not thisagree with your points whatsoever. i think doge will always come back and stronger during subsequent bull runs. it is the og meme coin and always will be. but the type of thiscussion we are both having does not happen on this sub.
to be fair, i have been in since early march and have only made smart plays but i am hurting a bit because i'd been stacking along the way. i was late to the party, but we'll see if the party is over or not. to your point though, it is less significant if you're long and stop staring at charts.
yeah, i'm interested in seeing if btc can recover to . if so, then it will seem like more than a bull trap to me. i've seen some interesting stuff floating around that this was a coordinated attack (posted 16hrs ago) and so far it has called everything exactly, down to the half hour practically
yeah, i agree in part. i’m more of the mindset that it’s a “double top” cycle like two cycles ago. we’ll go down. we’ll see
it am not a crash, listen to the experts here, some people even call it a cute dip. a 1 trillion cute dip in a week...
lose 40% of your crypto overnight then. sell, pay tax. rebuy when lower. it's a no brainer but good luck with your strategy and locking in losses. if you still cannot see the best method just follow the money.
the sub dictates what is popular as a community. the point of my post is that bearish or contrarian views never float to the top. there is less productive thiscussion and more patting each other on the back for being early
i agree about the broader sentiment of social media as a whole. but only echoing positive sentiment on social media in effort to self-fulfill a prophecy does not seem effective or helpful
is there another way to say it?
got to get back to mining fiat.
you have to talk to master satoshi. he'll lead you to crypto lake to meditate 😉 glad someone else here played that masterpiece of a game.
"green dildo to a million" lmaoooo
bitcoin has the fame, ethereum has smart contracts, but doge has memes.
i like how people shit on doge in this community tbh. because every time it exceeds expectations people get big mad.
mathematically it makes no sense to take a 30% hit to your capital just to save a bit on taxes. or more accurately, delay the taxes, because you’ll pay them sooner or later.
yeah agreed, i have learned some pretty cool stuff that way tbh
yep, i recently figured it out, it will help you out i think. instead of "hot," try "top for today," then "top for this hour," then "new." its honestly way more helpful just be careful when sorting by new because shills do that too in order to downvote their opposition
lmfao this got me
lol bruh, welcome to a whole new world. i dont want to sound condescending, but just in case you did not know, you can also block assholes. really changed my reddit experience when i figured that out, fwiw.
ada is mostly hype with promises to do a lot at this point. it’s not even close to being in the same category as eth or btc.
and you’d enforce that how exactly?
meh, i myself am relatively recent to be frank with you, but i also have been following the sub for a while before. i get and appreciate your sentiment but idk if it would achieve the intended goal (or even be feasibly enforceable tbh). it's all mindset, imo.
yeah agreed. i like ""markets and ""technology, if you're looking for a breather. not as active, but both good. e: idk why i said "" - remove the second word and add the words i said
hup, yep, that is another one. it's a good practice but it is like "...we get it..."
ugh, yep, great addition.
what does this have to do with my comment?
i’m 35 and mostly frequent older-themed subs. it’s weird coming here.
i agree, to an extent. i think it is more a case of mass adoption. the quality of thiscourse seems to drop like a stone once a platform or subreddit gets super popular
meh. like i said, i dont hate it. i dont think its as promising as eth or algo or atom for example, but i think if they get their shit figured out, it is a pretty low risk way to roll the dice. v small part of my portfolio tbh, but you sound like you know way more about it than me
this people thisagree with me. brb, finding sub that does not.
yeah, i have learned a lot about the tech, but would definitely like to get back to that rather than fud ppsts and suicide hotlines...
i know this one guy. his names dan. let me know if you see him.
yeah everything is kind of unknown... i lost already 600 dollars because i bought ada at 2 dollars. plus fucked some leverage the same day and lost 400 more. now i still have a little of btc and eth bought also yesterday (gosh that was not a good move) that is also in red. all in all now i will not invest anymore and just forget about it . maybe it is time to dca with very little money as i burned like 20 percent of my savings just in a month time. i blamed covid19 and the lack of activity that made me do this gambling addiction out of boredom. never gambled before. i started with gme (i still hold in the red as well ) and continued with crypto. at least now i am in first step of recovering. admitting this addiction and that it is unhealthy.
i just started recently, but i'm not sure about the other guy. frank fingerman
ah yeah, like i don’t really care if it goes down just looking for passtime activities, i’ll guess i’ll hit radiant in valorant then or something.
your delusional and you want anyone to take your seriously about your bulltrap dd. gg
no, i'm just bored. i enjoy the show.
i did not miss anything, the peak of the market here yet, but have fun sitting on the sidelines because you sold, paid taxes, and now have to debate whether or not you should buy back in. if it is gambling then you admit you just got lucky. had you "invested" 8 years ago instead of "gambled" on the way up you wouldn't be thinking about selling because you'd still be in significant profits and you'd understand market cycles are for the losers with only 500 dollars of skin in the game who bought in the middle of the run up, hodlers are still doing fine. edit: and again, you seem hostile, just go look up what i'm saying at glassnode there is no need to argue dude, hodlers outperform day traders in every metric always and it does not matter what market you're talking about. you need to do some research. if you want to time the market you should be playing futures and options, then i wouldn't be talking shit to you right now.
yeah, trying to engage in a civil thiscussion here is almost impossible. you're a rare jewel in this sub, do not change that!
the party is over for this weekend but the next friday is just around the corner, if you get what i'm saying. i'm hurting a little bit (down about 5k to my original investment that added up to also 5k) but i've been studying crypto for a few years and have been investing in it for about 1.5 years. i've seen some shit happen, but at the end of the day, whether the fedfucks in the government like it or not, this is the future of currency and imo its better to strike while the iron is hot and just hodl for a bit
very well could be especially since the news hit pretty much everywhere all at once that china was banning cryptos. bitcoin crashed to .
welcome to crypto my friend, it favors the bold and the first mover advantage is stronk.
i agree, i think people should think for themselves. but you have to understand crashes like these happen not because of a particular fundamental reason, but only because of people perceiving there to be a crash and impending doom. if you cry wolf, sometimes the panic is what does the damage, while in reality there wouldn’t be an issue if there wasn’t panic.
i think it is lev-ee-oh-sah
ronald weasley ... it is levi-oh-saaaaaaaaa aaaaaaaaaaaahn aaaaaaaaaah
"fa-mil-yer"? ![gif](emoteemo_pack_1i_dunno) have i only outed myself?
still probably the biggest gain in the last 6 months. people are clueless. it started christmas at around .002 and is at .33 now a gain of around 16500%
why do you say that? genuinely curious
yep...and how about token "printing" (minting)? new ones out every minute. i know it is not quite the same thing, but there is a finite amount of money in this space, but seemingly an ever-expanding amount of shit-tokens being minted
"fuck the shitcoin fiat currencies lmao"
wow, i have not encountered any of those yet either... i've been leading a sheltered reddit life...
sorry i don’t understand cardano too much, could you explain what you mean by your thisagreement?
just feels unfair to include a coin with unlimited scalability as a harmful trope along the lines of shiba coins or doge, the likes of which have maniac communities. imo the ada community feels pretty reasonable and tame, especially considering how good its tech is, compared to the bots in the shit coin subreddits. the work in ethiopia is particularly impressive edit: not sure why you're getting downvoted, btw, i upvoted you because of your genuine engagement
it's a third generation crypto with academic backing and a dual-layer open source platform. imo it is streets ahead of either of them
no clue lol. i just know this community ain’t the one for authentic, informed crypto thiscussion. got any recs?
i'm 45 and find it very weird.
i'll pipe up if i see him.
sorry to hear that. agreed, investing is a learning process and you have to try as best as you can to learn from your mistakes (easier said than done). best of luck on your journey!
hey what up, me. it's me. that's almost word for word my story. i said i was done this morning and got everything out and then late this afternoon i put some more into btc only for it to immediately fall and it has not gone back. i'm done and letting it ride out now. i just cannot take another loss any time soon. good luck to you.
i held thru 17’ll bounce back either this month or in 4 years either way
agreed, i went too far. i bet on a .
they say “da nile” ain’t just a river in egypt. take care
yes you did. you missed doubling your portfolio. i did not pay shit in taxes and would not because it will likely be counted as capital gains. even if it does not get counted does not i will still make more than you doing this with 100% less risk. have fun catching up to me, why the fuck would i care that i'm "on the sidelines" when i sold 2x higher than the current price >had you "invested" 8 years ago instead of "gambled" on the way up you wouldn't be thinking about selling because you'd still be in significant profits and you'd understand market cycles are for the losers with only 500 dollars of skin in the game who bought in the middle of the run up, hodlers are still doing fine. pointless argument, only applies in retrospect and only applies to people who owned it back then. for the people who bought at the ath and then hodl they are fucked for a long time now. >market cycles are for the losers your portfolio is halved relative to mine in the last week. you're the loser and your hodl spam is bullshit. enough said in the matter. keep up the cope. hopefully this is a 5 year dip just because that would be hilarious lol
lol homie, i got into an eth3l trade on kucoin and went from +200% (within a week of being in the position) to -75% over the past few days, but i am chill and knew the risk. i will hold that till i am dead at this point ;) but i agree that the market could turn around suddenly and go green again. feels like a coin toss at this point. the past months felt oddly predictable - you have a shit week but then the next one is insane, rinse and repeat. i keep telling myself "if you feel like you can predict what's about to happen, it is time to get out" but taking profits is seriously hard when everything is pumping
exactly. that’s why it’s so good when people get big mad. cause the joke gets big gains.
it is not but for being around 6 years and still has not done anything revolutionary, or done anything really . it does have a lot hype and news and media but i have not seen it execute smart contracts, i have not seen it run a dex. i've been invested in it for almost 4 years and i'm still waiting for something besides announcements because the youtube pumping is not going to prop it up for the bear market. i'm ahead on it but after this crash i'm not ahead by much and i should have sold it at and moved it to harmony one or matic. both projects started only 2 years ago and have actual working products being used.
yeah, dumbest shit i have ever heard.
haha, hard to tell if you're being sarcastic via text, but cheers
yeah sure. its less of a thisagreement and more of just an opinion. follow my comment string with the original guy and it will lead you to a comment where i elaborate a bit, but if you cannot find it just let me know and i'll come back and link it for you. **e:** actually, here you go:
look, i have a few responses to be honest with you, because it seems like you are interested in conversation, which i am too. don't sweat up. i dont hate cardano, okay- i actually think it is a cool project, i see it similar to how i see algorand actually, except i tend to lean algorand because i think it has more potential. you have to understand, cardano has had a lot of hype for a long time. i was lurking this sub when cardano originally started being shilled and immediately subbed to the cardano sub, which was... unsavory. **i am not trying to thissuade you from liking cardano.** i dont care what you like, i think everyone should do their own research and like their own coins. but, to me, it is pretty clear that cardano (along with several others) are paying people to shill the coin at this point, and thats the point i'm making. is cardano a cool project, yes, obviously. but to me, it is similar to stellar, tezos, and algorand and all of those have more actual use cases than cardano. i'm not hating, i literally own some as a hedge. its just that the od constant shilling gets old, that was what i was saying. didn't mean to hurt anyone's feelings. and also, per the guy below yous response, this whole idea that its a zero sum game is often propagated by cardano people (bc they obviously want devs to switch from ethereum). which, is not true. so, that is my expanded argument. like what you like. it's a cool project, hoskinson seems like a smart guy. hopefully it does what they have claimed for years.
thanks for the explanation, i like ada but have not really talked to anyone about it to yet and was not sure if the other comment was meant against ada or as a joke ^ ^
bitcoin has the most maniacal community of all time
see point 9 - this is literally what you’re doing. ada hasn’t proven much of anything and certainly doesn’t hold a stick to eth at this point in time.
i’ll be 4 years older in 4 years, i’m good with that.
in my country they say le nil, and as that dude in pulp fiction says, we also call it le big mac.
that's not true i'm only down 20-30% right now which is hardly a dip in this space, you sound like such a noob on every level, it is okay. the 600 dollars you made will hopefully by you a new phone or something, in 5 years you'll feel like the guy who bought pizzas, while paypal literally buys up every new coin that is being mined. i'll catch up to your 600 dollars of gains by, ya know, going to a real job and not pretending i'm a crypto millionaire because i sold eth at the peak and bragged about it on reddit. anyone with life-changing gains took them and are not talking about selling the top st reddit, so we all know you're a loser with hardly any skin in the game, i'm gonna stop this conversation now. good luck to you, do not cry to this sub in 5 years.
oh, fucking trust me - i learned by trial and error. a lot of error. if you do not mind me doing so, i'll give you some advice: personally, i think the "alternative to fiat currency" as a selling point has almost run its course. bitcoin was great and will likely still see gains once this mega dip is over, but i think that the future for crypto is going to rely on a combination of its ability to replace fiat as well as its utility in other areas. coins lime ada, eth2.0, icp, polygon, etc all have uses outside of simply being currencies and are much better than bitcoin at this point as far as utility. not shitting on btc at all - it started this whole thing and deserves the utmost respect, but times change. just some unsolicited advice from your friendly neighborhood weirdo
i see. thanks for the information. it was strongly recommended to me actually and i just got some.
i read an article the other day about a guy who made 2 000 000 usd in crypto from an initial investment of 250 000 usd. he'd put his life savings and a lot of borrowed money into doge, but held most of it since he thought it would keep going up. i thought seriously?!!? i'll do that on the next stock crash like any financially aware person, but that guy is insane.
no, i'm serious, this is actually the longest conversation i've had on here... tbh, i have not even found the sort button yet. not sure it exists on the android app... :p
i just shill the africa project.
it's treated like a joke, for sure, but there is *nothing* funny about its proof of stake protocol (imho).
yeah agreed on that, but it is well-established. just saw today that ada has like 500 companies lined up and ready to work on it, and meanwhile btc just has hedge funds churning out etfs for it. just the way the world goes, i guess.
are you the original commenter who was kind enough to engage with me on my questioning? no? then why speak for them? i think eth is exciting (especially the upcoming 2.0), but imo the ethiopian education initiative ada is undertaking has me even more fired up. 🙏 edit: can people pls stop downvoting other people? this is a civil thiscussion among passionate people
>and bragged about it on reddit dont spam hodl then :) enjoy your loss >in 5 years you'll feel like the guy who bought pizzas, i made more than you doing this so gl with that.
lol. this is the salt i really love tbh. because you’re so mad that you can’t recognize that it’s up thousands of percent over the past year and it’s gaining more and more traction as a coin that can actually be used for purchases. the joke coin becoming a serious project is the funniest bit tbh. simply because you are still stuck in the “doge is only .002” mind set. pump and dumps don’t sustain value. they spike, then leave bag holders for a seriously long time, in a short amount of time. doge no longer fits this description. it’s a growing coin.
oh, it did not even occur to me that different apps may be different honestly. and well, nice chat!
i’m not speaking for anyone, but have fun being caught up in ada marketing.
you did not make more just because your mom gives you allowance every week. the cringe with all the points you're trying to make is starting to be embarrassing to you. "you made so much money" let us hear it, a big 2 thousand dollars gains? i'll reiterate that it is obvious you didnt make anywhere near 6 figures or you wouldn't be acting this way. and if you made 7 figures you wouldn't be on this sub talking to me. you should get some penis enlargement pills with your gains that is probably all you can afford.
appreciate the kind words! it's only at its beginning!
something wrong with your brain? you had a choice between holding and losing half the value or telling and doubling your portfolio. you picked one. i picked two. case closed. hodl idiot. i am not talking about the specific figures i am obviously talking about it relative to whatever mine and your investment figure is. use your brain for once then maybe you would have doubled your portfolio too instead of sticking your head in the sand and spamming memes on reddit.
what people do not understand is that 99% of crypto millionaire youtubers became millionaires in crypto because they invested over
the daily thread to remind all of us that most of this subreddit users are 16.
i did not know my mum knew how to make a reddit account...
that’s very true op! i did get into it for the big gains but if i don’t get into early enough after doing a ton of research those big gains will only come in long term investments in 5 years in which case i see no point in doing more than dca little each week.
i mine fiat everyday
solid advice. as bad as i hate my job lately, it gives me the opportunity to drop . and i still eat veleveeta shells and cheese. not the store brand. ima baller like that.
most of us are reading this while at work.
started my first day at mcdonald's today. it's not bad i'm lovin' it!
get a job & be able to invest 200-500. do that for 5-10 years and you might surprise yourself.
1. a lot of people here need to get a job for money to buy crypto 2. a lot of people here need to get a job so they’ll stop copy-pasting the same useless comments for 7 cent moons and making this sub as useless as the rest of reddit for getting information
i think most people here also have jobs i'm here because my work does not pay enough and crypto is a great way to improve that
bullish on get a haircut and get a real job
cries in spanish with 40% unemployment for young people.
i've been working for years! wen lambo?
i see your point and agree mostly. the counter argument is learning how to invest /,000 when you are able to.
just take your ’ll be close enough
my mums dead so i can’t ask her for £20 , cheers sons crying
i love it when small time investors roleplay as wise old sages to offer advice to even smaller time investors.
my grandad always told me: **if you never take risks, you’ll probably never have sex!**
the fear and greed index has hit "you need a job." we really are down bad now
this is reddit, dude. where do you think you are, telling people to get jobs?
20 bucks says this ends up in antiwork
you know you're approaching a bear market when half of the trending posts on this subreddit are tailored towards advice on what to do during a big dip. what a time to be alive - and stack up :-)
pretty solid advice. but the comments...i'm just grtting bored with everything having to be a meme. levity is one thing, but sometimes the comments in this sub are like that kid in middle school who could only speak in beavis & butthead references and voices for like 3yrs. think i'm going to just leave my current portfolio on hardware, leave dca on and hop off this train before i start saying "hodl" "lambo" & "to the moon" every comment too.
cmon man, i have just throw 300[crypto.com]( account, do you want to say i am not gonna be the next jeff in 6 months? :surprisedpikachuface:
i'm doing it for fun and because i really believe matic has a great ecosystem. i've never traded stocks or any other coin before. i also am less than <... i just spent half that much buying diapers at target lol
i dare you to post this to r
sending application to mcdonald’s
how can i buy the dip if i do not mine fiat?
yes, i agree with you, that is why i created an onlyfans membership for my gf
op. where should i invest my ?
i thisagree. it is not about making . let the new small investors learn and test the water with . that's smarter than risking a large sum of money they cannot afford to use. you say "a nice 20% pump on the -coin which you spent hours researching, still only leaves you with ." it also leaves you more educated, experienced in crypto and ready to jump into other projects. don't ask your mama for .
yep. even if you are from a sh country, this is good advice. i can make so much more money working than profiting from my crypto investments (a few hundreds). but boy, is not it fun the emotional rollercoaster? you can work your ass off for "meh", buy if you make , it feels really great!
how dare you poor shame the 15 year olds and the 35 year olds who are really just 15 year olds
isn't the point of investing passive income, i.e. you can do it _and_ have a job? like if the investing you're doing takes the time you could be working, then bruh you are working, your pay just sucks. or you're gambling. you're just sitting at the slot machine for 8 hrs a day. but also i get it, because work is impossibly terrible nowadays.
don't worry. i'm already grinding on my onlyfans
im in college right now and i invested pretty much everything i got in the side, so i only have left what i need for my daily life. but at this point in my life, overinvesting is not much of a problem, because later on i will have much more income, so a loss won’t have a big negative influence.
to be honest i'm happy if my assets gain 15% every year, just to be ahead of inflation and give my money purpose. i'm never expecting to be rich, i think it is just delusional.
id really like to see a poll of how much people actually buy. for instance, me personally i make a decent living at the fiat mine and throw several hundred up to a couple thousand every time i buy. with how people echo in this sub id wager that most people are only throwing down 50-400. now that is not bad but it does put the perspective of wealth indifference between the arguments i see on this sub. for the most part, shilled coins are from low earners or people high on hopium that think they are gonna make a couple grand in minutes. the btc and eth maxis personally i'm an eth maxi most likely are dca and are super long holders. what do you all think?
the whole market balances out. i put x amount, you put y, someone else puts z and so on so forth. let them put whatever they want and whine as much as they want. it's how they learn, by losing, whining.
putting your whole paycheck into crypto if your a small imvestor is an awful idea
… in a van, down by the river
i'd like to see a poll of this sub's 4.4m members. the question of course being: how old are you? guessing we're at 80% <18.
hard truth: it is amazing how easy it is to make large amounts of money when you are working with large amounts of money. the rich get richer . the poor (for the most part) stay poor. we have a caste system in american and there is very little upward movement for the poor and middle class. *sigh* it sucks but i invest what i can afford to lose and keep the day job.
the fact it’s even controversial to say this sums up reddit perfectly
i have a 6 figure job gtfo
i actually make good money at my job, but i feel obligated to care for my family, house, and traditional investments with the income. so i got a second job for fun money for crypto and real estate.
lol if you're working a job for minimum wage you do not have spare money to invest wtf is this post
big facts. lost 80% of my investment. time to mine fiat, learn from mistakes and do it better this year. no reason to look back that just drags you down every day and you can’t change it anyway. life is too short to give a f about bad memories.
yeah, i just do not understand this post at all. how are you going to have a spare ? if thats all someone has left after meeting all their obligations, is it not better to try and get that ? or is op actually under the impression that the people asking "where should i invest this spare " is people literally just making a one time purchase and then sitting there fixated on it, hoping it one day makes them millionaire? does anyone actually do that?
kinda stupid post imo. i'd love to hear how people are investing in crypto with no income. most of us are employed. where else would the money to invest come from. later today your alt will make a post about "don't let anyone tell you that you bags are too small"
you gotta remember that each one of these investors also helps cement the future of crypto, increase adoption and awareness, and help keep prices stable or increasing through their buys. one person's objectively small investment may also mean just as much to them as a larger one does to you, it is all relative. i do not think you were trying to make digs, i think you were trying to say people should work hard everyday and invest some of the proceeds into crypto, just think the delivery went a bit wrong!
well none of us are millionaires to begin with...
how much should i have invested into crypto to see a difference
i beg to differ if you invested early enough in bitcoin your hundred bucks would be worth millions. you’re right about one thing though sitting there and holding isn’t a full time job.
why when neet is life
y‘all should do what he stated did exactly that back in 2018 and am basically chillin now
what? i’m confused. does the average person here no have an income? how do they pay rent? how can anyone afford to invest in crypto? wtf?
it’s the harsh truth. a couple cycles later and you’ll be up too.
but if i got a real job i would have to start acting like a grow up.
"the nicest way possible" is akin to "im not a racist but..." in that you know what follows next is bound to be shit.
my mum is dead. now what?
new crypto coin : mummacoin 20% increase when you ask.
talk about a bunch of idiots
some of yall need to touch grass
call me when work is not exploitive of my labour, then i'll chip in.
wait shitposting is not a real job? oh man. brb going to apply for unemployment
and clean your room while you’re at it!
advice from someone that made a lot of sense: want a solid investment? buy soap when it is buy one, get one free. buy like . that's a 50% return on your investment, guaranteed the minute you put the money into it. it does not go bad, and you will use it. do that, before you try to find a stock that is going to go up 25% in a year.
we have one. we do not like it. that's why we do crypto.
your greatest source of wealth is your income. investing is just leverage on it. sound advice. right now my biggest investment is my study, followed by learning to run a business (by doing.) crypto isn’t even in the top 5 things i’m doing for my future, but it’s fun. it’s a hobby at the moment.
pretty solid advice. think about how much time you spend chasing a 2x in crypto with that . !
while i agree, i believe the preferred phrasing of this is "touch grass"
this is the way. mine fiat by investing your time into your day job, and use your time off to play crypto crypto with what you have saved up.
it’s because so many people invested their covid stimulus checks and the boosted unemployment, and are now waiting to get rich. so much for that. someday, but def not today.
i mean this in the nicest way possible to myself. holy shit you’re right i need to snap out of it!
>when in reality they could see their portfolio do a 2x by working a few solid minimum wage shifts you absolutely fucking took it to this sub😭😭😭
why don’t the poor just work harder?!?!
there is a lot of people in 3rd world countries investing on crypto where 20. and even if it is little money, you can start making the ball roll. not everyone lives in privileged countries and has thousands of dollars to spend.
there is a worker shortage because everyone is on this board trading crypto.
this guy is about to make a shit ton of moons...
bought doge late 2019 and sold at the tip. also put half the stimulus money into shiba as a whim and sold earlier last year when it sky rocketed. so crypto is life changing. you just seem like a sucker who lost it all. ( yes those cryptos are trash, but hype and meme stocks were a thing these past 3 years) to me it’s like craps at a casino. follow a hot shooter(or stock) and cash out at the top.
i have made more money using the acorn app than ever investing in crypto lol.
lol this goes for like 50% of the people on reddit
get a jab? what am i? nuts?
as a gen-xer, who has (almost) always had a job and has been studying investments, even my small portfolios have taken hits (anyone remember 'the dot-com bubble" ? lol) ... i've made some mistakes (do not trust any investor who tells you he) and i've gotten lucky a few times, but most of my 'luck' has come from doing my dd and my research (amzn at - starbucks at .) \>>> i only look at my investments and their performance, every couple of months, maybe 4 times per year, because long-term investors will absolutely drive themselves crazy "checking their stocks" every day and flipping out over every drop and rise. i do, however, follow the financial news every day, so i know how the market is doing, and what it is reacting to, in a general way, but i resist the urge to 'check the quotes' daily which, really, is just an invitation to self-laceration and pain. lol. <> with crypto, i'm seeing a lot of people (and not just 'young' people) who've never invested in anything before, but somehow think this is going to be their real-life "get rich quick" plan... but nearly all of those people who "turned a few hundred dollars into millions" actually started years ago and waited... and waited... they did their research years before the newcomers even heard the word "crypto-currency." ' on some of the crypto boards, i've even seen people who've maxed out their credit cards to buy crypto... and now that crypto is cratering across the board, they are freaking out. \> never borrow (credit cards, bank loans, your parents) to buy crypto or even stocks, etc. \> never buy on margin... your potential losses could wipe you. \> only invest money you would not need to access for 5+ years. oh and one last thing: you do not have to be a business major or a math whiz to do this stuff. i'm an art school grad, punk rock musician, writer, and general underground weirdo who has not taken a math class since 11th-grade algebra 2. \> know what you're buying. why you're buying it and how long your time-horizon to hold it will likely be. ...and start young. even a tiny bit of cash invested in your early-mid 20s can grow a shocking amount in 40 years... and that luxury of time is something you do not get a second crack at. my crypto holdings: algo. dot. ada. xlm. vgx and btc. oh and one last thing: you do not have to be a business major or a math whiz to do this stuff. i'm an art school grad, punk rock musician, writer and general underground weirdo who has not taken a math class since 11th-grade algebra 2.
you get a job.
you’re just a shill for big fiat.
this feels like a personal attack.
pro tip. get a job in the healthcare field as a “traveler”. it doesn’t have to be anything fancy. i’m a sterile processing tech. i literally just clean tools from surgery and build “case carts”. i went from making 20,500, nearly 4x my previous wage and the only downside is i have to move from city to city every 3-6 months. as long as you don’t have kids it’s living the dream. i’m off to los angeles in february for my next 13 week contract. now i could care less what the short term movements are in crypto. i have more money to dca now than i know what to do with….
this is to encourage all small investors here. be consistent, have a clear realistic target and also keep adding to your portfolio at intervals. maybe start bagging some good alts at its bottom and ride it. it will compound with time. i'm not a whale yet but i'm buying ftm, matic, must and xed at this dip as they look good for a long term hodl. be a hodler instead until you have enough
a message from the wolf's den ! jordan belfort a.k.a the wolf of wallstreet
if you do not need to worry about monthly income you can make much smarter choices and make much more in the long run
i’m new here and hope i’m not out of line. i started my own construction company straight out of college and had an extremely bad year where i laid in bed for basically a month, depressed as hell, trying to trade pink sheets. i purchased bitcoin in 2013 throwing . it changed my life, but never touched it and it was the best decision i made for my children’s future. that was a once in a lifetime gamble. everything else on the pink sheets that i ever threw money at lost me tons of money and what i mean by tons of money is a couple thousand dollars. there is a lot of truth to what this person says. it’s not a game for the week of heart and it’s not a game for people with . it’s not a game at all. my ira took a huge hit and since i’m self-employed unfortunately i had just started it. i would like to commend you op on stating the cold hard truth of high volatility stocks. crypto is for a long time how old and all the platforms that let you trade it will tell you differently. with the news of the digital dollar coming out. could that ruin it, we don’t know. i have a lot of respect for you op for your bravery and words of wisdom.
guys, guys, guys. just stop being poor, i mean come on, for real. like why are people even homeless? just buy a house.
honestly pretty sick of posts like these, like bro? just shut up. let people have hope, let people believe in something without being torn down when everyone just wants to make a little money and be free of one less burden of this existential nightmare. . imagine if you put a few dollars in ? would have made a good bit. let people be ignorant at first, they have to learn on their own. you make it sound like we all live with our moms? pretty wack.
all this sage advice lol , the fucking r
. it's all perspective at the end of the day. let people invest how much ever they want. no need to belittle anyone and ask them to get a job. people have to start investing somewhere.
> when in reality, they could see their portfolio do a 2x by working a few solid minimum wage shifts and dumping the paycheck into crypto. you sound like a boomer, you sure you are in touch with reality? and i mean this in the nicest way possible as a 45 year old.
op has some points. but it also takes some ahole energy to post this.
this post has motivated me to stop slacking and get a fourth job.
op probably has a little bit of money and now thinks he is king shit of turd island. crypto offers some hope for the little guy that is just trying to improve his lot in life. for some people 50. or like alot of middle class people after mortgage, bills, food, kids activities and clothing there is very little left, for 50. op grow up and think beyond your own situation, or just do not post at all.
wait a minute... is shitposting not a job?
i am focused mining fiat, airdrops, staking, cmc, etc. every penny counts.
i personally think this sub has gotten further and further away from what it is supposed to be for. can’t even talk about some cryptos in here without getting removed. this sub definitely isn’t for giving unwanted life advice to anyone…. this is r, there’s other subs for posts like this. respectfully, mind your own f**king business👍
if a 10x does not change your life. change your life so it changes your life.
some of us cannot get jobs, it is called a pandemic and a fucked american system, crypto is our only hope.
this is...quite a post. all i have to say is the assumptions being made and rather biased answers are quite telling.
this has to be the most patronising post on this sub. who the fuck are you?
again with people only mentioning usd as if only first world countries exist in this fucking world. >but a couple hundred dollars in the market isn’t going to make you financially free some countries earn less than 100**monthly** salaries, so yes, a couple hundred is a big deal for them.
it takes money to make money
have a steady income that lets you dca weekly for a few years and all of you will be fine. the only way to do it is to have a job. better if you like it.
i got a job ' i am janitor that dreams one day my small investments become a life changing amount ' **nothing to lose so much potential to earn**
what a fucking pretentious post. holy cow.
isnt everyone here moon farming as their job?
is it time to apply for a job at mcdonalds? i’m running out of chips to buy the ~~dip~~ crash at the moment.
the whole point of us being in crypto is not to have a job anymore.
moon farming is a job and it is important
nice fiat mining shill 😁
please bear in mind that 50. for you, it might be a small time, for the other is half month pay.
why do you think people circlejerk here? shitposting is a professionally rewarding job in r
the idea is to look beyond your life time. why do the rich get richer? they get wealth given to them by their parents. their parents trained them to handle wealth. if they handle wealth well, they keep and grow their wealth. so, look at creating generational wealth and building financial literacy with your offsprings. if your parents give you nothing, then work towards gifting your offspring some money after your death. let them gift their offspring more money after they dies. this goes on, and there is a chance generations down the road, they will be rich. otherwise, keep buying shit coins and hope for 1000x.
this guy has not got laid since forever
in the nicest way possible, i hope your mother dies - no offense. *walks away believing i did not offend anyone*
oof you’re gonna get downvoted by the “every investment counts and should be treated equally” brigade, but i agree with you. many people are putting in -50 per dca period and are lamenting how they just need a 1000x to make it. they say taking profits is dumb and how they’re in it for the long term so they’re immune to these dips and keep slurping it with the crumbs of a bag of tostitos while calling others paper hands lol
they *have* jobs. they just don’t do them well, because their head’s in a different game entirely…one that most of them are bad at, unfortunately. most of the crypto-whiners here are the reason my drive-thru burger is never centered on the bun, the fries are cold, and 10% of my soda is pooled on the top of the lid so it spills when i set in my cupholder.
>i mean this in the absolute nicest way possible, but some of you just need to get a job already have one. that said, it depends on your expectations. got my money budgeted. sadly "fun money" aka get drunk money is about 200-300. and i need a new laptop and xbox. so figured - fuck it. smack money money into crypto. right now buying to to sell in order to buy what i want by eoy . what money ( if any ) stays great, if not great. not really looking for - wife changing money.
i do not think these "small time investors" you are talking about are looking for a life-changing amount or anything. they only said it just for shit and giggles, i mean moons.
but my job is moonfarmer?
lol. i mean this in the nicest way possible. but you dont know how lucky you are. ('fuck off', in british parlance)
how in the fuck is this shitpost upvoted?? you do realise there is more to the world than the usa and 100.
sounds like somebody's salty their latte took too long to be served to his royal highness this morning. get a minimum wage job, he says. "have more money." where the hell you think these guys get their last, ? it's certainly not from getting paid minimum wage to pay their bills. how much could a banana possibly cost?
a small investment in shiba inu in the early days would have made a motza if you were brave enough to exit when it was all over the news!
you’re right, which is why my humble 2k investment is 90% in hbar. no point spreading yourself thin with this amount of money and there’s no point buying blue chip dinosaurs either.
you'll be hated very much... haha
>you just need to get a job so you're telling moon farming is not a real job?
erm if you own
mom get off the internet!!
get out of my room mom.
get a job? shots fired!
> it’s not what you want to hear, but a couple hundred dollars in the market isn’t going to make you financially free unless you’re the crypto-embracing, second coming of warren buffett. grinding out a real life job and dumping that money into crypto? that might just do the trick though. i have 1,699 yldy (~.93) purchased from tinyman and staked on yieldy, and 5.005 stbl staked on algofi right now. it's making me virtually nothing, but it allowed me to **learn** more about how **defi** works. a couple hundred thrown in (even at 100% loss) is still buying you experience and can lead to a better understanding of things... which can then lead to something that *absolutely* makes you financially free.
"guys, we need someone to put fresh money into this pyramid scheme. why do not some of you get jobs?"
you live in a bubble if you thing usd 50 is something everyone could just ask from their mom, mate. usd 50 is half a minimum salary here, and there are places where it is even less.
except crypto is not investing.
lol - looking to reel in some whales or big league the poors. nice 👍 basically verbatim the same speech that pops up in every pyramid scheme at some point.
op is a stupid piece of shit who got lucky and thinks others cannot easily get as lucky
i do not often participate here but here we go: i'm a 25 year old paid-off homeowner here. i am not a crypto whale, but have a pretty sizable portfolio. maybe more of a crypto dolphin? i absolutely agree with what this post is saying, and have something to add on top: if you actually want to make money as someone who does not have two pennies to rub together, instead of worrying about where you will invest your pennies, you should first stop being the bank's investment. what does that mean? if you are poor, you probably have credit card debt, a car payment, student loans, rent, etc. all of these things are costing you thousands of dollars a year in interest payments. start with the credit card, because that is the easiest one to deal with: you will never amass enough value to become a major investor while a maxed out 24.99% apr credit card is sucking you dry. for reference, if you have a 10k max and you're dancing around it for a year, that is ,500 in interest payments, a couple hundred bucks a month. pay down your credit card, pay it down at the end of every month, and never carry a balance month-to-month. that's a few hundred extra dollars a month in your pocket. car payment: don't buy a new car, just do not do it to yourself. i still drive used cars, and i think new cars are a horrible waste of money. even on a cheap new car you're spending a few hundred bucks a month and in the long term are paying substantially more than it would have cost to buy outright. between this and the credit card, you're saving 500-600 bucks a month minimum if you have neither. if you already have a car payment, pay as much over the minimum as you can each month to pay off more of the principal. student loans: if you do not have them yet, do not get them. in general do not go to college unless you have a specific need for it, you lose four productive years of your life and enter adulthood in crippling debt. if you want some sort of degree, go to a local community college part time and get an associate's degree for pennies on the dollar to what 4 year colleges charge, that covers your first two years if you need a degree later on, and saves you a lot of time and money if you ever go to college later. don't fuck with college unless you know you are going into a field which requires a specific college degree (such as teaching). if you already have student loans, i cannot give you any advice that will help you, that is a lot of debt, just pay it off as fast as you can. rent: live with your parents as long as you can if possible, not having to pay rent is a huge increase in income. but if that is not an option, consider this: if you do not have a credit card balance, a car payment, or student loans, you are saving about ,000 a month compared to people who do have those things. save up enough money to make a down payment on a house or other property you can live on like a condo. your mortgage payment will be about the same price as rent, however, a mortgage to buy a property is a great investment because ultimately you are paying yourself that money, since at the end of the mortgage you are the owner of a property which has been increasing in value as property always does, as opposed to rent where that value is going in someone else's pocket. once you have your down payment made and you are now living in a house that you own, that ,000 you're saving every month on the other things can go into investments, or just living your best life. i made a down payment when i was 20, invested close to 1,000 dollars a month since then, and in the last 5 years have grown a pretty comfortable net worth, such that i was able to pay off my loan early, and now my only bills are pretty much utilities and property tax, leaving almost my entire income free to further grow my net worth. hope this helps.
iam in this and i hate it.
it also helps to have financial thiscipline and a plan, i see so many people even with decent earning jobs that are just on autopilot without a second thought. it really is all about making the most out of your situation
i’ve been getting crypto from my part time job and mining, the only problem right now is that i still need to pay tuition and rent and mining profits has been pretty thisappointing as of recently
i dumped £800 of my wages into coins 2 weeks ago. now the crash. that sucks. but now i bought another £300 of link. for half the price i bought the last £150 worth. dca and be patient.
you gotta risk it for the biscuit!
hard pass on the fiat miner... any other suggestions?
and a mental health plan. addicts everywhere.
you're right op. problem is, especially in the us, employers have long stopped giving any sort of training to their employees. they want them to fall out of skills so they can fire them. locals stand no chance against good immigrant workers, who incidentally, are also extremely exploited in the name of greencards and scary h1b termination rules. after a while, immigrants also fall out of skillsets. this is a very exploitative setup for everyone who has to work. education is critical for people to be able to get higher paying jobs. but education, along with real estate and pharma are among the biggest for profit sectors - food, clothing, shelter, education -> all basic human rights, and all made extremely hard to obtain. my answer to thismantling these exploitative structures lies in building protocols that will bring back barter. i do not know if i'll succeed. but every one of us needs to try.
absolutely. i also don’t think it’s worth investing in btc and eth if you’re investing under 1k. maybe unpopular opinion but yeah.
i mean this in the nicest and most respectful way possible, you’re a big meanie ![gif](giphy0qnlu9tdlmuyqs1uti)
having a job was always the plan. having more freedom in what job that is, that’s the goal.
i better do moon farming here. it pays better than any job according to my qualifications, in my country
i’m self employed and this bloodbath kicks my ass to work 200-300h guess that’s a good thing lmao
i might be small time investment on the finance side, but i'm started to get heavy with the technical expertise. i might not have much invested, but mark my words i'll leave a legacy on the scene in the end in a different way than treating crypto like an investment asset and use them like the decentralized networking protocols they are.
my best advice in investements is: always have a plan b. investements can, by definition, go bad.
small time investor - (not by choice)
what is a small investor? dca what you can afford and perhaps it will be sizeable, perhaps not. pick a strategy and stick to it as best as you can. change what does not work.
fiat miner at your service m'lord
some people cannot afford to invest a lot, despite being emplyed
my mama so poor, she did not even give me a brain...
well, small investment is good for learning few important life lessons. then you can build on it. luck needs to be your side though.
well, the market is crashing as always, all we do could be wait. be patience please
the crypto community of the past few years is pretty much identical to the fx-trading community. you have a lot of poor -net individuals that dream of making 1000x returns on a small investment, and then repeating that 3-4 times until they can retire. it's a pipe dream. statistically speaking, *some* individuals will manage to do that. but we're talking pipe dream odds. when you get into trading fx, it is pretty well known that you should start with at least , but often much more. for day trading stocks, we're talking 5-10 times that amount. crypto is no different. we've mostly moved past the fantastic gains of various shit coins, and you're stuck with blue-chip stable-coins, if you at all care about risk management . all the success stories i've seen irl, have been from people that have worked career jobs, and diligently invested their money in stable-coins. it's easy to get carried way, and cherry pick success stories.
you just triggered me
op subtly flexing that he is no small time investor! solid advice though, op! it takes money and time to make money. otherwise it’s just gambling.
one of the reasons i started my own business (initially as a side gig) was to bring in additional income and all the profit of the business went into crypto. crypto also helped me with my spending habits because i wanted my portfolio as large as possible, so i ate out less and looked for more ways to save money.
my monthly salary is a little less than , crypto is literally the *only* best things that has happened to me *yet*. if anyone reads this: i have a pc and internet so if you some work for me then i am in! i am willing to learn and earn so hmu. *just leaving this message incase i get lucky*
a small 18 year old investor 15 years ago probably does not need to work so hard now when he threw that £500 he got for christmas into btc in 2009. small portfolios will make up a good percentage of the large portfolios now.
this is nice and all but some of us have zero to invest haha
i thought i'd be able to retire in 2017. had to go back to work and dcad all through the last bear working as many hours as i could living in the most frugal manner you can imagine. it was tough but it did not do me any harm. the new guys have had a taste of what crypto will be but this sort of thing is inevitable. the market is driven by hype and speculation. the tech is still at *least* a couple of years away from actual usage that justifies the market caps we've seen and i think it will take probably ten or twenty years before it matures properly.
what really fucking sucks about our current timeline, for me, is that i work in auto sales and we got nothing to sell. used car prices are out the roof and new cars are sitting waiting for microchips. i can’t pump new money into buying the dips and i need to go find a new job.
self serving it seems like
a lot of people invested more than they were willing to lose and now they are panicking.
i mean why so bug big post, it is just a bear run and hopefully those who keep up their guts will make way. the whole financial sector is falling , just relax . i invest in projects like lox network for long term, they making the first imei blacklist.
lol. i already been working full time for a long time.
so for me it’s all about what i would normally spend on going out etc. now with covid i use that amount to invest and let it sit there. i got a good job i like, saving enough money and the crypto is a good chance for something extra. one day i’m about to surprise my wife and son with a campervan.
i think some think that they will get early btc type returns after dropping way too much for gas fees on coinswap at a time when crypto already ran up insane amounts, even at today's prices, compared to just 2 years ago.
started making fake id’s. my fake id : mclovin
some people cannot take constructive criticism. actually, a lot of people cannot.
buy mcdonald's nfts then?
not understanding dca. check.
you got to have capital to start. without that you make nothing.
i do, i’m a shitposter.
wendys is treating me like shit. most of my profits are at the back
just let darwinism play itself out
i understand what your trying to say big dawg! thanks for the post
i've got a job, but life is just expensive. i do not have much left at the end of each month. perhaps i should visit that special lady less often. she takes , i am addicted to the fun.
well, guess it is time to start an only fans account. might become richer faster.
was this not posted in the may (approx) down trend ? or is it a coincidence someone posted basically the same thing ?.
lambos for next year :). we work this year
someone hire me, i need money to buy the dips.
are... are there unemployed investors? you can’t be serious? you’re telling full time employees with lives to get a job?
what dou mean by small time?.any amount range on that small time investor...anyways its my first day on subway...im making a sandwich for a living
just tell me what to throw my money at to make more monies please lolz
the thing is, i want to find a job and i cannot . i wish my crypto knowledge would help me out but so far it does not. so, till i find one , crypto it is !
830-5 everyday. then i wake up from that nap and start trading.
i made a small time investment of 10k(at its peak) and am starting my new job a mcdonald’s tomorrow 🙂
thank you for the advice.i will take this opportunity to ask yall for helping me find any online work.i am from third world country so do not wana waste my whole day just to earn less than 10. as for my skills i m good at adapting and a quick learner. currently my main source of income is few beer money sites and doing assignments for full time working students in foreign countries but it is not constant. any lead will be appreciated.
you guys have jobs ?
don't say this in r
totally agreed. if you believe in crypto, just stay invested and get a job.
hahah. that’s why i made my stock account more passive. all the time you spend worrying about your gains or watching charts, you could be making some products to sell.
op is absolutely right on this. while i’m no whale, but i do make a lot of sacrifices to invest in the market for the long term gains… and i use the money from my side hustle... my -10k investment in 2017 afforded me a house in2021… doing the same thing now for either 2025 or 3030 depending on how well the next bull market does… i want to get into the real estate business and crypto will be my golden ticket to that dream... looking to drop about … good luck to everyone out there...
my life is just a grind to fund my crypto addiction. workin all day at the fiat mines is giving me the black soul, i need to free my soul from the succubus that is work! and i love my job!
at this point my job is just the means to fill the hole in my crypto portfolio lol
the fastest way to double your money is to put in back in your wallet and go to work.
yup, till the market rebounds and then till i can retire i'm not kidding myself
dad? i know i'm not doctor why you post here to humiliate me. kidding aside, exactly like op said, you need a steady stream of income to support your ~~gambles~~ investments. if you really wanna be financially free in the next few years then work now, be constant in your investment, build up your portfolio.
well if someone thinks they can make living out of small investment in crypto i think they have a problem. yes it can happen but it can take years to make decent earnings specially with modest investment and well you can also lose it
been saying that the whole time i'm here lol i laughed the other day when i saw that "can i live off staking rewards?" post no homie...no you cant...you just cannot...well, technically you can but if you had enough money to do so you wouldn't be asking this question...yeah, that 20%apr seems amazing, but you would have to have *,000.00* at 20% to make the median income in the us...where the fuck you getting that money from dude lol ...300k in cash savings puts you *firmly* in the top 1% in terms of wealth holdings in the us...im sorry but your 300 dollar investment into crypto am not gonna get you there i agree...stop daydreaming and get a fucking decent job lol
this suggestion could be applied to a lot of folks on reddit. :)
i’m just in college full time stressing about my long term future and praying to god that i pass these classes lmao, very few dollars to my name rn
i'm currently working as a graphic designer and started fiddling with crypto on the first week of january because i need more "financial avenues". i used half of my current savings to buy. it is not much but i'll take portion of my paychecks to buy more in the future. the goal is to earn money to help with my son's education 3-4 years from now, so i'm in this game for long-term. is that a good plan? and if not, please tell me to stop now hahah
yeah but when i take a personal loan out and put it on an exchange and then buy on margin, i can see that . ' ' ' but yeah i had that same thought a couple months back. i work a low-paying w2 job, and as such do not have a ton of money to invest. so it is really thisheartening to think about investing and doing amazing and 2x'ing the entire portfolio but only making .
so giving handies in the back at 7-11, will get me lambo quicker? alright, who's next?
right. my plan of living from stacked crypto is gone
how long til the crypto gang hits up wendy's just like the other sub?
you forget that 90% of people here since shitposting pay, are here only for shitposting and moons... that said, all my limited one piece pvc figures from megahouse bought during the last 15 years all worth at minimum x2 to x10. reals rare collectibles not nft bs kaizoku for life.
can you please stop talking like my mom?
reddit is anti-work movement now this isn’t going over well. also obligatory ‘ok boomer’
my fulltime internship only pays me 300€ a month 😩😩😩
the best part of being rich is that you can enjoy any job because no one can make you do anything you don’t want to do.
i just want to put 100-sale and have utility in future. not shitcoins. i'd wait 5 year to see how well it goes that project. the secret is to buy before is listed on any platform. take for example ride project that was listed on elrond recently private sale: 0.02 pre-sale: 0.04 launch: 0.06 within minutes it went to 5. now the price is somewhere at 2-sale.
i have a job. that's why i'm not worried.
this is the kind of prejudicial gobble i would expect from city folk like yourself. farming moon coins might not get us rich, but it is honest work.
but my job is moon farming. since i comment like once every three days i’m not very good at it
the road to financial freedom is a steady paycheck and living within a budget which leaves spare money to be saved. your spending habits are an essential part of this equation as lifestyle creep leaves even high earners at risk of financial difficulty. it's not glamorous, it is not a quick fix, and the cost of living crisis, especially housing, does not make it easy to have money available at the end of the month, but it is a time tested way of increasing wealth.
true facts! a lot of people on here just want to get rich quick without having to really work. not saying everyone, just a lot.
i dont know about where ya'll are but slinging a shovel and wheelbarrow on a job site always paid more at the entry level than anywhere else when i was starting out. stretch morning and night. lift with your knees, keep the drugs recreational and get out there and make some fucking cash.
that’s why you should take advice from here with a pinch of salt. can you really trust someone’s opinion that’s only got ?
if people haven’t been cutting back on frivolous expenses in addition to diverting **some**of their savings money into crypto, what the hell have they been doing?!
excellent time to stack fiat until the market starts to rebound. this could all start months to settle down. time to focus on some credit card debt and continue building the savings account for now
you’re right, too many have more money tied up than they can lose so their emotions are tied to the market. those who don’t need the money and invested what they can lose know they can withstand however long the downtrend lasts
lol has someone actually asked about ?
this is great. i think having a job gives you the opportunity to invest more and increase profits, but for me it goes much further. having solid income with financial responsibility and actually being able to afford losing the money 100% is the foundation to properly invest without emotion, at least for me. obviously you still have to learn and at least look like you know what you’re doing. it helps me put in perspective that even though employment comes and goes, there is always more money to be made. if you’re young, i put extra emphasis on this point. not to mention having a job, relationships, and investing or speculating. great post op
i think you are spot on!
shit posting is a full time gig
no offense but this comes of as the typical rich person bs telling poor people how they can buy a house if only the stopped buying starbucks. here is the truth, work does not pay! i repeat work does not pay. 54% of people in america live paycheck to paycheck. [ fun fact that includes people making 100k a year. the reason is that everything has become insanely expensive. want to buy a normal house, ohh that is like 10 years of salary. yes i can make 100 usd by working some minimum wage job but the expenses incurred such as rent, food transport etc leave me with nothing at the end. so that is why people are into crypto. it is this generations chance to pick up any assets whatsoever because we will never own a house or land at best.
alt coin pumping is dangerous game.
yeah i have a friend who heavily invested in crypto time-wise, but he is been doing it from 2017, and he knows his stuff, but if you end up giving it so much time it become a job, and i mean a normal job at least gives you more security. he came in early, and now he has money to invest, and he knows his stuff, but for regular guys like us it is just too late imo to really change your life effectively in the short time period. you have to take it as an investment like any other you can do, being stocks, gold or else. not letting it becoming your daily task. i see a lot of wsb smugness in here lately, but at some point people need to face the reality.
the name needs to change to crypto"assets". as see it where a long way from wider adoption as a currency. and this whole space needs to be dumbed down to the level of the average schmuck (as if that was possible) if we really want wide scale adoption. go and spew over the op but when someone wants to share wisdom sometimes to best to listen. right now everyone is holding their fave cult-coin, hating on the other alts and projects and acting like they have the golden ticket. we probably have not seen bottom yet but when we do the purge of all the turds out there, read as doge, will make room for more space for legit projects to flourish and consolidate with others. imo of course. and now let the shit slinging begin burger flippers! yes, i'll have fries with that bitches!
i’m a wagie about to go into my cagie to mine some fiat to spend on this massive dip!
but i don’t wanna
i ain’t get no job bitch that’s nonsense i’m cryptoing
aight i'm gonna apply for some jobs, thanks for the reality check
is 12k a lot of money? going from 12 to 18k. back to 12k. op, do you think i can retire on the upcoming future? by the way, i hold luna, ftm, one, sol, crv.
invest in yourself basically 👊
you also sound like a small time investor. welcome my friend!
lmao i love the advice to work minimum wage and pour it into your crypto. it's so appropriate for this community.
75% of this sub is just clueless teenagers playing with their allowance.
i’m just slowly investing and holding for years, i know that my investments will take years for it to increase in gains if i’m lucky.
just put as much money in this thing too. because reasons
don't show antiwork this post
if you make your coffee and lunch at home, you are saving 20
tl:dr mom’s roi is better than crypto. but no seriously focus on a finding a stable career. good advice from op!
yeah, this should be a small secondary thing you do as a hobby. seeing all these people talk about their livelihood literally being destroyed from this massive crash or them not being able to keep up their quality of life & their whole living situation is squashed now. like wtf? legit, what the actual f? these people do not have any jobs? they do not have any stability? lol they literally determine their whole life expenses based on crypto! the most volatile market in the world? omg
the “if only i had more fiat” comments are dumb af. like do you not have a regular source of income, aka a job?
how dare you. i come into this crypto lark to leave my job! the absolute cheek of you
so we’re fiat mining then?
i have 4 jobs in total. hustlin while there is money to be made. my wife laughs at me because once i set. my mind on something i kick the arse out of it 😂 i got within £1k of being able to buy a 2 acre plot of land to build a house on and the market started to decline and then tank. but hey i have not lost anything until i sell and its not like i'm poor so this just delays the house by a couple of years. gambled and lost by the look of it but i'll continue to hoover up my favourite crypto while prices are so low
i assumed everyone had a job and was squirreling away their extra cash. is that not the case? i read about crypto on my breaks and check charts once a day when my daily purchase goes through.
is your lesson to use 50x leverage on my 50$?
totally agree with your sentence here. "crypto is not a life-changing opportunity until you're working with a decent stack of money" i was airdropped five figures worth of juno and with staking interest > 100% now i'm on my to a 6 figures worth of juno if ju no you know... junonetwork.io
yeah leave it to us big time investors with our pension and superannuation on the line here. turns out investing in crypto is not great for someone without strong mental health though. i'm having serious feelings of impending doom.
i want nothing less than the finest cardboard for my living quarters
warren buffett did not get where he is by picking moonshots correctly lol - he got there with a hefty dose of parental funds, political pressure, bailouts, tax avoidance, and exploitation.
the flip side to this coin is that a lot of people on this sub are probably pouring in huge amounts of money based on the sentiment of people who are only putting in a fraction of that. like some people say they have dumped "all their savings", while some say they keep it to only "1%" of their holdings when including stocks...unless you know the person or their portfolio value, those could both be . or .
i’m hear at my job wasting my time. not learning how to invest my money to make for me instead of killing myself in the cold for 8 hours of bullshit
lol, i mean hard to believe peeps are thinking this. i’m small time, but it’s a side hustle. if it makes it mainstream and i can make my job income then i’ll switch. but to be fair a career or constant stress and small panic attacks?? ehhhh not for everyone
sounds like commie talk to me
not shame in having a regular work,just make sure to invest at least some of your money so eventually you can be financially free
that’s the harsh truth you just said
you mean farming moons is not a jobs? shit i've been lied to!
are you telling me that my ?! what about my ?! according to r'll be driving a lamborghini by next week!
hi. mr blue collar state maintenance worker here. when i first got into investing the rule i saw was don’t invest more than you can afford to lose. so i’ve got roughly . every time i have a spare -100, i toss it somewhere and hope for the best. just wish i knew the best places to get good info on investing it. going off google searches just brings you the generic lists of “top cryptos to invest in for 2022”
you know i was inclined to agree at first, but your entire argument became a massive joke when you recommended anyone to get a minimum wage job.
sound advice, now i need to get a remote job
i've been saying this for pretty much the entire past year. too many anti-work kids spending their christmas money from grandma on altcoins dream of winning the crypto lottery with that money, then living passively on staking income the rest of their lives. people will spend hours and hours trying to find the perfect next big thing shitcoins to buy, the perfect time to enter, trade peaks and valleys, chase high-apy high risk liquidity pools and staking rewards, all kinds of little freebies and faucets (and moon farming of course!), hoping one day this crypto will make them financially independent rich people. if you take all of these hours watching charts and hunting across the internet for little crypto freebies and chasing the next shitcoin or next high risk high apy pool or staking rewards, and...get a job flipping burgers or sacking groceries, then just put that money from work into crypto, you would literally grow your crypto portfolio 1000 times faster. you might actually be rich in 10 years instead of still chasing shitcoin lotteries and high apys with that year's christmas money from grandma.
i kinda forget that there are some people who actually try to make trading their job. it's really not difficult to maintain a full-time job while still making it big in crypto and.
i'm a small time investor and i took no harm of your post. i'm a small time inverstor... for now. i put a small amount of money every two weeks slowly accumulating. with time passing i am less and less small ;)
dca and hold. they want you to sell your bitcoin and buy it off you. the shills are relentless this dip.
but the whole point is jobs suck...
i work a minimum wage job due to stupid choices so rn i am investing in education much more than crypto. only way i will get a better job and thus afford to invest more.
i work full time, which allowed me to put -500 a month into crypto over the course of about 2 years from late 2017 onwards, before derisking into 'safer' saving options. my crypto portfolio is now worth 6 figures and should be 7 within the next 5 years if all goes to plan, all from an investment of around . stick with it champs!
20 dollars gained is 20 dollars gained. not everyone is looking for immediate payouts and money that will buy you yachts. a patient and smart investor will keep adding to their portfolio, be it crypto, stocks, fiat, bullion etc. people have different goals, and a couple hundred dollars might not be a lot for some, but it can be a decent amount of money for others. people live outside the us as well. any positive return on an investment is a good return, and i will never understand why somebody would downplay that. you do you.
beat of both worlds when you have a high paying job and are a crypto degenerate
i see a lot of posts how can i make $$. i love helping people out. but do some research. youtube and google are great tools. can you . things take time people want it now.
i was worried until you made that exception for the „ crypto-embracing, second coming of warren buffet“. so i guess im good 🙂
this is great common sense advice that people looking for a quick buck blind themselves to. you could cross post this in all the meme stock subs and it’d be just as germane
this is true. hurts but true. i'm not stressing because i'm not relying on any of my crypto money. if it were to moon yeah im happy more beer for me! don't want to stress anyone. its still painful seeing - 50%
this is brilliant, i love it. pump the portfolio by working. what a concept.
increasing your personal income and earning potential is by far the best path towards greater personal financial success. what currencies and assets you invest in is much less important that how much income you have coming in.
ever wondered if it is possible that in some countries, 's worth of spending?
so you telling me my 300 dollars in doge would not make a millionaire by valentines day??? how dare you?
ive done 8months practice with my pocket money, when i tunrn 18 then the fiat mining starts before uni :-)
wouldn't recommend working several min-wages if you can get an apprenticeship and make significantly more with minimal training. like a couple people i know who became plumbers make like 's apprenticeship. it's hard work though, very hard on your body.
i do not have a job i just exchange my free time through the week for an agreed upon amount
huh? so what rent was abolished yesterday? must have missed it.
'get a job." i think what you really mean is, 'wake up... you're dreaming." crypto is a dream, and a crazy one at that. we're talking about money that is not actually money but somehow, now and then, turns into amazing sums of money and then vanishes just as quickly. jobs are not like this. in a job, you work to get this little bit of cash that is never quite enough. it does not magically turn into anything more than what you had when you woke up, and with inflation, it often turns into even less. save all you like- just pray you do not have an emergency, or lose your job, or have an actual expense, like caring for a sick relative. the cost of living is always trying to get you and in some countries (mine included), there is no safety net. people who buy lottery tickets know they probably would not win, but that is not the point. they also know that their money is not building the best education system the world can buy. i think people who buy crypto have the same mindset: they do not care if crypto delivers the value it promises- they just want to keep dreaming that the right pump will get them off the treadmill. it's not investment, it is a roll of the dice. and let us face it, these people will have a hard (if not impossible) time saving enough from their measly pay to ever invest in anything stable. many will lose what they put in and many coins will fail, but that is how any technology is built. someone bears the risk while those with the stable money, and the big money, make the most of all in the end. it happens time and time again (for those of you who have not seen it yet). but for that chance to take a little bet and know that your odd investment could miraculously put you should-to-shoulder with all the institutional investors, the hedge funds, the inside traders is a dream worth staying in. the world runs on dreams, even if only fools' dreams.
also see posts a lot saying: "if i get rich with crypto, i will not work a single day in my life". it is a completely wrong attitude (especially if you are still in 20s 30s). one can improve a lot as a person with a decent job. rather consider the possibilities in crypto as means that bring you closer to do the thing you love . it should be more than dreams of yachts, lambos and parties.
*i need the name of gundam***”
i mean this in the meanest way possible: if you do not have a job and sit around fucking with investment schemes all day instead then fuck you and die.
i understand what you're saying, and your comments are valuable... but i'm going to ignore your advice. buy the house.
we've reached peak shitty advice when you're recommending people get jobs to invest in crypto. you're all god damned deranged.
it's also worth noting that if you missed the boat with btc five or six years ago, it is *gone*. that ship has sailed. the odds that we're going to see another phenomenon like that in our lifetimes where a ,000,000 are practically zero. stop thinking you're going to find some alt-coin where you can invest a couple grand and then retire at 22, it is not going to happen.
the art of fiat mining!
right ahead of you!
i think this post is missing the bigger picture lol yeah that 20+ dca can end up being a nice sum of money but i do agree i'm a student and i work and i invest what little i have left instead of wasting it on fast food
i sold my house and car i’m all in on crypto. don’t be that guy 😎. but if bitcoin drops to -3k that will be me 🤣
don't mind me i am just commenting to check on my moon because i do not know how it works on desktop
go post this in every subreddit 🤣
💖💘💞 🇸‌🇺‌🇨‌🇰‌ 🇲‌🇾‌ 🇸‌🇭‌🇮‌🇹‌ 🇵‌🇮‌🇵‌🇪‌ 💞💘💖
i earned a bit on btc in 2021 and the year before. recent monster dips +fact that me and my fiance is planning to get a house made me opt out now. in the future i will use crypto for diversity as before. crypto will continue to be volatile as fuck and i simply cannot afford that now.
writing an advice column could be the future of moon farming.
when btc dips more ... you my friend shall ape your ass into crypto
don't say this to r
get back to your slave wage and work for your crypto *wipe*. this oligarchy isn’t gonna work if people don’t get to work on their slave wage *wipe*. keke
didn’t read past the first line but i’m one of those who works a normal 9-5 and this year i missed a couple months due to illness. while working my portfolio expanded regardless of the market because i’m always able to buy no matter the dip. for a long term investor i see everything as being undervalued. short term folks are riding a crate of dynamite.
no one listens to reality on this sub
if you have a job you can buy more crypto... win win.
i think dca’ing is the best way to go and i relate with the small stack crowd cuz it’s likely they’re already working and have dreams of shedding their shackles someday financially... they get in to this mindset that every single move is crucial and then get thistracted by all the coins. research something you believe in and dca weekly. wait a few years, and it’ll be helpful at least.
lol i've said the same thing before. if you cannot afford to put more than few dollars in i can almost guarantee you have more important things to be buying and working on in life. then they become desperate for "moonshots" because they do not have enough invested to make relevant money from normal growth.
definitely a lot of jabronis out here with too much time on their hands
well this is the best post i’ve ever seen on this sub … i was told in 2018 by a peer that unless i had 10k to put in i was better off saving fiat and playing with the stock market . i put in about 5k for my first crypto investment 4 years ago and some of the projects have literally 50-75x’d and i still wasn’t a crypto made millionaire. the margins for exponential growth are only getting smaller and if you’re investing ‘safely’ in relatively high cap well supported projects the odds of you becoming a millionaire off anything less than a substantial 5 digit investment are slim to none. imo.
as soon as i graduate i’m so outta here!
did you really just tell people to get a min wage job and invest the paycheck in crypto ? what? lol.
i’m so grateful for my regular 40 hr workweek. my cryptos i’m staking were making over ’s been reduced to less than .
you're really out here advocating people to work a minimum wage job during a time where the minimum wage is not a livable wage?
mom! i need 20 bucks... dont ask
there's always money in the banana stand
i'm a small time investor but due to other circumstances in life, i'm not batting a single eye on my alt drops, sometimes i even forget to check the charts. good luck to everyone double checking that every day though must not be easy!
awesome, now cross post to r
so the secret to making money in crypto is to be rich. top ta right there.
i'm negativae 4k right now - lol just put in another 3k this morning into matic. lets gooooo
you cannot buy low're too broke to buy more coins. dollar-cost averaging for the winnnnnn :)
shows what you know… i’m out here buying scratch tickets with my 30. that’s how you buy the dip right?
how would anyone have small amounts of money to invest without a job? is this sub full of literal children?
best way of mining flat is getting a real jobs.
understand your risk to reward especially in crypto because it is so volatile. im not so sure what op is trying to say. either hes saying everyone get a job so we can all pump crypto for him or that the best way to see growth in your account is to just put ur own money in which is just a jackass thing to say. my last remark makes even more sense considering the gigantic dip crypto is having. most people in crypto have put more money than they can lose and now they can not sell unless they realize huge losses. now all their money is allocated into one or two assets and they can not make any financial moves until they can, hopefully, at least break even. u dont need to throw your whole life savings into crypto. look at shiba. a . understand your risk to reward + crypto volatility
i got a job, but i used to have 3.
we should abolish money anyway, crypto is cancer
scare money do not make money!
this is solid advice. and i would add, i'm not convinced that dca is the best way to go. i've been sitting on a growing stack of fiat for over a year waiting for a good entry point. i'm still hodling my cash waiting for "blood in the streets." people here were all crying "by the dip" when btc dropped from 64k to 58k. now we're at 34k and it looks to me like we'll drop through support at 31k.
i'm hoping one day i can quit my job, cause i invested in crypto.
i knew the second i started investing 20 to 50 bucks a week into crypto it would not net me any kind of significant return anytime soon. this is a long term investment. one that may never blow up but it is a great way to have a savings account that can in time net you a large return, much larger than any bank could offer. anyone who dumps a hundred dollars into a coin thinking they are going to be rich in a year is living in a dream world. unless you hit the crypto lottery and some random fringe coin explodes it is a long term savings account. i dont expect to see any kind of notable profits for at least a few years possibly a few decades. retirement at 50 boys. not at 20. this is why the best advice i ever got in crypto is put 95% of your investments in stable coins like btc and gamble with 5% in shit and fringe coins. that's the safest bet in my opinion.
don't be nice. get a job ya bums!
i've got a job, i just do not any of the work i'm meant to.
i have a job. i view crypto as one way to get out of having the need for it.
i'm an amoeba in an ocean of much larger fish. i'll need a job for the foreseeable future.
wait some of ya'll do not work? how do i sign up for this sorcery?
i thisagree. it can be life changing money if you get into a good project early. it will take time, but you do not need a wild amount of money to make life changing money if you are very smart and very patient.
i own a small business but can fit a full time job on my schedule. i guess it is really time to get back to my job
it's very possible. you got me
the reality we need to hear that most will ignore!
this is a hard truth for many. time in the market, beats timing the market. dollar cost averaging is your friend
definitely - and its part of why i do not care that the market tanked. with the market cutting in half almost since the ath, i've only lost a few hundred dollars. i only stand to lose a few hundred more if it drops to zero. i like the opportunity to keep buying at a lower rate right now b(still gotta cover my bills, have cash savings, etc) is the only way to make the values really matter if it doubles back up as (i think) many expect.
if you owned 1000000 bitcoin, and subsequently pushed the price up 1000 dollars. thats a cool 1000000000,in your reserve.
agree. i always feel the investing should be a hobby of some sort. but focus on priorities like education and finding a job so if the investing does not work out, you have something to fall back on. investing is like gambling sometimes. good post brother on looking out for your fellow humans.
someone doesn’t want to accept their losses and is not so subtlety telling everyone to get a job so they can buy more crypto to *hopefully* push the value of it back up so they can make back their losses.
using a consistant wage as insurance against my investments is the 2022 move stops me sitting at home day trading my shit away out of boredom as well
been here since 2016. i learned then to take profits (which i did not do then). which i did this time around. i'm not panicking even though my portfolio is down from ath, more than what i make in a year.
there's a crash? dang...let me dig up my password to check my current balance. hang on...
how else do you mine fiat if you do not have a job?
so, the mcdonald’s meme is real?
sorry but i prefer analog orgasms
ffs mom stop telling me what to do i am old enough !
most 14 year olds do not work yet.
i am in nursing school till the end of the year. then i’ll get job 😤
i dont think you shoud assume everyone posting on this sub is from a wealthy country like the us or western europe.
this sub is saturated with third-worlders with their 1000 usd investments thinking a million of them can change the market movement, when in reality, that is still less than tesla play money in btc, which really did not change much.
don’t even be nice about it... these fuckers need to get a fucking job.
it’s very good advice. but how are the first people in the pyramid scheme supposed to get rich if they don’t get the ?
we all are fiat miners
well, if you are in the us, i suppose. this sub has people all over the world. for instance, i’m from brazil and finding a job isn’t easy here. we have excessive work laws to a point where companies are not hiring - if it is expensive to fire, it is expensive to hire. we have more inflation than you guys.
the gov released paper bitcoin etf after paper bitcoin etf to break the bull's back and get the anti-work folks back in line. for those of us playing the long game, no big deal. for the drop-the-mic crowd, painful reality ahead. just take the amazon job and use it like a stepping stone. have a 5-year plan. dollar.cost.average. into real projects that have actual utility and present and future adoption, preferably those that you can stake and earn passive income. maybe consider starting a business. never place all your chips on one play, diversify.
i have a job... its getting fucked in the ass by these dips
someone's lost some money in the bear market...
>unless you’re the crypto-embracing, second coming of warren buffett. bruh you lost your audience right here. 90% of the people here secretly believe they are the second coming of warren buffett. *possibly* one of them is right. the rest though...
take your check and put it all into crypto? got it. thanks.
this is the dumb opinion sub now. we going to zero.
i'm at work right now
but jobs pay in fiat. i’m all in on crypto so 🙉 \s
i just finished putting most of it
what are you trying to tell me that i can’t put 10 cents into shitcoinxyz and become a trillionaire overnight??
not everyone gets to be a millionaire that’s just how it goes
yeap. truely good post. im mining fiat to dca down weekly
it takes life changing money to make life changing money.
some time back a self proclaimed granny investor in crypto worded it nicely - keep your day job, think of it as mining fiat to invest in crypto.
i had a job and i was like : yea i quit 2 weeks after i quit i had a new job because you need money to invest and not only hodl your current portfolio xd
1. i agree however that more often than not you’re going to have to move large amounts of money to make large amounts of money. moving around tens of thousands of dollars is definitely something that took me some getting used to.
this is a really great post. solid advice and definitely what some people need to hear.
just remember this time last year the crypto markets also went into a bear slump... and then mid march we saw the biggest boom. so just be patient.
it’s about building a snowball. the real secret is time. my account was zero at one point with median wage contributions. bet wisely and you’ll likely do well.
in 2021 i saw a lot of posts saying i quit my full-time six-figure job to trade nft's and crypto. i should have known that was a clear signal the market was at a top and a correction was near.
same here because of the impending bear cycle i have decided this year to sacrifice my whole life and to add extra shifts and find an extra job that could potentially help me to dca 1000. i can say it feels shit! but if you want something you need to sacrifice in order to get rewarded eventually hardworks pays off. my only motivation is go to work get paid and dca my money all the way hodl and wait for the next bull run!!
i’m going to buy
this is the most ignorant, closed minded statement. do you not see what is taking place in the us and across the globe? shut the fuck up with your closed minded, blanketed solutions.
so, do you mean shib is not going to .00? lol
i have a job and still losing money!
lol wtf the fuck, you guys do not have jobs?
i’m here because of how i hate my job…
"big new finance hack, make "
wow - this is the most wanky and condescending post i’ve read all day! very well done mate.
people will spend 12 hours a day fidgeting with their investments to make , all to avoid spending 8 hours a day working for .
go out get that fiat and buy the fucking dip.
*crypto goes down* me write this quick guide on how to invest your nonexistent paycheck in crypto so someone else can hold these bags. smh dude
how about everybody stops investing in crypto because its contribution to climate change is fucking huge?
my 401k may also be tanking but its up over 60% in the last year. so much easier to build wealth when you have cash consistently coming in.
your post is condescending. and shame on you to presume that people weren't already working.
not a single person got anything out of this post
more than just crypto but the stock market too, there’s a lot of us that were laid off due to covid and tried to make trading full time work…i’m gonna guess that 95% of us are struggling. been job hunting for a bit now.
im actively looking for a job at the moment. as a 30 years old what are some good recommendations for source of income in canada?
"get a job, dump it all into crypto" lmaoooo
the fun thing for me (full time job for many years, i'm in my 30s) is i do not see it as an investment, because i do not spend any money on it. i already had two gaming pcs (a desktop, an itx i travel with, plus a laptop with a 3060 that work gave me) so i just used hardware i already had to start getting into it. i just mine eth, and sell when it is high enough to be worth it. for about a year i was making an extra . nothing to write home about, but not too shabby piling that on top of the income of a dink household. now, values are in the toilet, so i'll just keep mining and then sell if it goes back up to a reasonable value. if it does not, oh well, nothing lost except a few dozen dollars worth of electricity. i was never gonna to dump money into it that i'd already earned, and i always advised my friends who wanted to get into it to take a similar approach. most decided it was not worth it the hassle or risk. i would also advise people to understand that you should have enough savings to cover 6 months of your expenses, and until you have at least that, you do not have enough money to gamble on crypto with.
> it’s not what you want to hear, but a couple hundred dollars in the market isn’t going to make you financially free yeah so many people do not seem to understand that the days of turning . you might guess right on a coin and make 100x gains, turning your , and a few people will do that - but only by complete blind luck, and you're far more likely to just lose your realistically the crypto market probably has opportunities to go 10x without excessive risk. that does not mean it is guaranteed, or that there is no risk - but you're not turning pocket money into millions anymore, and the days of 10,000x growth are over. you might turn a few thousand bucks into a house deposit, or if you're really lucky it could help you towards early retirement, but that is about as far as this goes now, unless you're into altcoin gambling... but that is just gambling and far more likely to go wrong than to go right. when we hear about people becoming millionaires from crypto now, either they started 5+ years ago, are lying about how much they invested, or you're just hearing about the 1 person in a million who got lucky, and forgetting about the 999,999 people who did not
yes but if i can make the perfect correct trade and go up 20% every single day for 300 days, i can become absolutely rich. i just need to never lose money on trades and i will succeed. if i put in enough effort and time into this subreddit, i can do better than everyone else perfectly and never lose. so therefore, i will spend hours upon hours here "learning" and pumping coins i like and thismissing coins i thislike. and i will then be rich.
wait there’s people trying to make life changing gains with no income?
nah i made it without working. i do not care. degen is life
ok, thanks dad. i start my new job at wendy's next week.
hupmh! proceeds to antiwork subreddit.
should we assume you are one of the whales tossing big money? true... , man. damn, and hell yeah!! that's my strategy! thanks, player!
yeah my job will be my biggest source of income for decades. hopefully in a few decades i've grown my investments enough to live passively off of the income (dividends, staking rewards, interest, etc.) i do not even check how much my crypto is worth that often anymore. it's been a couple months. i was thinking about this the other day actually. when we start in crypto, and for a while after, we are so excited. the tech, the gains, the shift in power from the fed to the people, and much more. i think that excitement wanes, and i think it should. if i'm parking my money and hoping it grows each year on average, then why would i care so much what the price is on january 24th? i'm not going to sell it no matter what the price is because i'm not trying to time the market. i'm not selling till like 2050, so i'm not too worried about what the price is today. i'm still dcaing in. sometimes if i hear the market really dipped, maybe i'll buy a bit extra this time, but i've stopped caring so much about daily or weekly fluctuations. it's really fun when things are pumping amd everybody feels good and everyone's an investing genius. but i think the real genius comes in continuing to accumulate during the dips, having a plan for the long term, and sticking to it. i have not been paying as much attention, but i am taking notice of this dip and it is looking mighty juicy. unfortunately life stuff came up, had an unexpected emergency surgery in october, car was hit in november, got covid a few weeks ago. so i've been saving money and staying in for these expenses i have to take care of. luckily i have an emergency fund, but i've been putting less into the market because i would not put in money i cannot afford to lose, so i probably cannot go super hard on this dip, but there will be another and i'll responsibly take care of all these unexpected expenses and get back to it. in the ups and downs the most important thing is to remember the fundamentals. have an emergency fund, dca and have a plan and stick to it, and do not invest what you cannot afford to lose.
lol i actually have not seen this post on this sub before, took me by surprise to see some new content.
i’m here so i don’t have to work
if you have a job, you dont dumb your paychecks into risky investments liek crypto. its soul crushing to see what is basically 2 hours work just wasted down the drain.
never invest more than you can afford to loose.
im working in it dad, geez
ahahah i felt this too much
the thing is...getting a job is not as easy in some parts of the world. things are so tough that there are people with degrees who are janitors because there is a scarcity of jobs and a surplus of qualified or overqualified people. either way, this life is fucking ruff...
some people here do not need to get a job, but to study hard, to get a 6 figures salary when they are adults, and possibly a grant for the university, to avoid student debt.
this way of think apply to the real investment ideas not only for crypto space
i think people forget too what it takes. let’s use matic for an example. late february 2021 matic (polygon) was 10 cents. i saw it with my on eyes before my shift at work. it was such a small market cap i didn’t have the confidence to put in a few thousand let alone more than a few hundred. my point being is if you want more than a 10x you need to have dire conviction on such a small coin and put your money where your mouth is which is difficult. looking back there was no chance in hell i’d put a few grand on a 10 cent matic at the time but i sure wish i did. if you want these substantial gains you need to invest durring bear markets or buy coins in the 100-500 mil market cap but do so at your own thiscretion.
are you fucking stupid? how many people here do you think do not have a job. if thye are under 18 then they do not count. ' the others above that age likely make close to minimum wage which is basically impossible to have more then 1k expendable income in a given year. ' you privileged fuck.
what happened to all the" to the moon" and "diamond hands" nonsense??
invest and have a job. simple, use common sense.
i will need a second one too if my 50k loss doesnt recover
try being part of th e 90% of the world that is not privileged with first world salaries bitch. and even on the first world you'd be lucky to afford a house on a salary after "only" a few decades of grinding.
billionaires have lost millions in mistakes to obtain the billions. millionaires have lost hundreds of thousands in mistakes to obtain the millions. now everyone wants to get rich quick of stonks and crypto and not spend or lose a dime to get there. it's dillusional.
this small-time is very debatable. what is small? i think those . i think i am a small-time investor because i never invested millions and to some people millions are small.
this community: “any investment is a good investment!” also this community: “’t worth it.”
how many of yall are unemployed?
the harmony subreddit used to be plagued with people asking how to stake their 100 one. like what is even the point in staking that? so you can make £1 a year?
most people get rich the boring way. good school, good job, low risk low yield investments. don’t get fooled by survivorship bias.
this. if you’re stressing about this you’re doing it wrong. you knew what you were buying in to.
don't just get anyiob, get a job in cypto. the amount of smart contract programmers and web3 jobs big and medium companies are posting is insane. wanna get rich in crypto? learn solidity
“only invest what you can afford to lose” “lol y’all dumb as hell for not investing more” -this sub lately.
i invested heavily on axie and left my job. fuck i was bragging making a lot in the back of my mind. seems like i should slap myself in the face. looking for a job rn.
unless you do low caps. then 10 dollars can turn into 1000 real quick. but you have to know what you're doing.
dirty hippies need to get a job!!!
immediately when i saw market turning downwards i was like okay time to get a job. need to get some cheap crypto. actually makes me excited to get another job.
this is absolutely true. i have been investing little, but have a consistent paycheck so it is not too worrisome. i'm just trying to learn how to trade properly so some day i can actually make it!
getting closer and closer to the bottom…
daos are hiring, work is remote most of the time and schedule is hyper-flexible, they care about results, not how many hours you were tied to a chair. i say this based on my own experience.
this is getting out of control, blind investing and holding for ever you always need to take profit
anyone going to the moons faucet everyday needs to get a job lol
trust me i’ve been on the look out for one but no one’s fucking hiring apparently. labour shortage my ass
get out of my room, mom!
the absolute sad state of
this is a rare good advice post i can get behind.
you need atleast , like say if you got into gala buying at 1 cent earlier this year to make life changing money.
people need to know that you cannot become rich instantly with only a 100 dollars. better get a job then put all your wages into investing.
good advice. since the covid shutdowns made is difficult to work, study or even leave your house, many pyramid scheme type fads including cryptos, but also meme stocks, being an instagram influencer and various side hustles have dominated the chatter with the young generation. this happened everywhere in the world. i remember asking my young girlfriend and her friends from colombia about cryptos. they all were 100% sure that cryptos were safe, profiting and the place to put your real money. and for awhile they seemed to be proven right. but when i studied the miami crypto convention what i saw was one big pyramid scheme fueled by hype, reckless abandon and outright scamming, including by major criminals. i also saw them wanting to pull down the global monetary system which is a terrible idea as it would leave us with a road warrior economy and bankrupt nations. i took a special thislike in the vinklevoss twins, two rich kids who'd largely missed out on facebook but were now the promoters and role models in the cyrpto craze, and they wore t-shirts with a slogan about bringing down the world banking system while grinning from ear to ear. well i bet they ae not grinning anymore and they and those like them are now responsible for bilking millions of poor, very young and naive people. remember in 2020-21 we all had to spend much more time online, and there we witnessed the click bait stories and boasting "crypto millionaires" with their sexy lifestyles, acting as if they had retired at 25 and never needed to work in their lives. this mentality dominated until this severe correction, and now it likely will be forced to come to a full stop. then we saw the cyber criminals always operating with cryptos, mainly bitcoin as their ransom payment, but also saw the feds and other hackers hack the hackers and steal their digital assets. and so far no regulation, the wild west, little taxation and lots of virtual play money being thrown around. young people, some advice from a 65 year old who worked for 40 years to be able to retire safely a bit early with 10 million and no debt. and by safely i mean that my portfolio is 100% in real world investments, paid off real estate plus stock in companies that make the things we all need, use, enjoy and profit from, aapl principally, but others as well, and they also all pay dividends so even if the stocks go down for awhile, they still pay me to wait. all my stocks have pe's below 30 too, because unless you get in early in a very fast growing start-up almost no company deserves a pe of over 35, and then only the best of them like aapl and msft. but investing aside, you need to work, and not just work, but create things of real value, and i do not mean bitcoin mining. that really needs to end. i mean anything from farming to computer design work to retail or manufacturing, or provide a valuable service to others and make money that way, but almost no one ever gets rich by not working, plus if you made $$, so you squander it. like someone winning at the casino, they usually blow it all on partying or more gambling and end up losers. our economy is not perfect, but one thing we had a lot of is available jobs, and these jobs pay 5% more than they did last year, so use your heads, roll up your sleeves, chalk up your losses to experience and use this as a teaching moment, as painful as it may be. i would also advise you all to sell your cryptos and buy something real with the proceeds. aapl is a good idea, but anything you choose, just make sure it is real and sustainable and is well worth the price, preferably undervalued which make good stocks are right now.
pfffft no job for meeee
it's painful but true - hard to make money investing if you do not have money to start with.
work -> get cash -> buy crypto -> repeat
i almost feel bad for all the money people here are wasting away, but not really. sometimes nothing but a hard lesson will wake people up to reality. hopefully all of you losing huge amounts of money right now can admit what you did wrong and learn to avoid these get rich quick schemes in the future. as op said, earn some real money, but invest in that something like mutual funds. something that will definitely pay off. y'all are clearly too fucking stupid to do anything more risky and you should and admit that about yourselves.
i'm not poor in the crypto space. but weak point is to locate and know when a project is solid enough to earn my . i guess i have to work myself in researching and increasing the amount i invested in sys, eth, luxy, sol
i thought i was gonna read some real talk, but you actually think crypto is an investment. it's a non-productive asset, there is no reason to expect a return from cryptocurrency. a good investment is vt or vwrl. edit: i'm not usually in this subreddit. most of y'all are probably convinced crypto is the future and the world has not caught on.
the funny part is that a big use for crypto is people who have maxed out their 401k and roth ira for the year and need more space to invest in. the people here pretending to be experts have not done that. they sling allowance money at shitcoin to try and 🚀🚀🚀 to +100000000% while telling everyone else they are stupid for not dumping all their money in most people here should not be in crypto and should focus on getting a job with 401k matching.
i get my money from work and i just throw in a few dollars into crypto. im not trying to make it big
you are aware that a lot of people have jobs, right? most jobs do not pay enough for most people to have enough to invest as you're saying. this is not about having or not having a job.
i get what you saying but i am pretty sure most people talking about investing 10-100bucs are from some poor third world country where the salary is garbage and that might be weeks or months of pay. i am sure there are exceptions but as you said, what the hell is 20 or 50 bucks, it is an insignificant amount for anyone with even a minimum wage job in a developed country. otherwise this post just sounds like paris hilton "just get rich" meme
can you find us a job? we all need something permanent i'm sick of doing gig work and contract shit
loooooooooool. good luck writing this in wsb
remember when a bunch of idiots on reddit fucked your type so hard that you all cried about it and did your best to change the rules because you figured out that none of you were the best, the brightest, or even remotely gifted? you just had money, and even then it was fleeting?
im not in the crypto game to make usd. i’m in the crypto game to be a part of the future. the crypto market is small right now so i need to invest 50. i’m happy.
this is what i say to my friend who has 10k in stocks and thinks he is going to go full time in the next couple of years...
what jobs though? nobody wants to hire and pay
i know i need a job… but researching a coin is so much more fun than researching how to have my thisabilities addressed and rejection letters.
if jobs were enough no one would be here lol.
just some and all others need to get a fucking second job this is not your mother talking this it is uncle sam. lmao good luck all
the title made me laugh lol. your not lying though
buffett was selling bottles of coke and candy bars as a pre-teen. i get your point, but never use the great one as an example.
not if i will waste my weekly crypto cash in futures
i started off with . ever since i have learnt not to be too greedy and you should take profits now and again.
when i make a daily average of ~--3 hours on option trading. i seriously do not think i can survive a 40 hour job... i'll probably go off on people. actually, i know i will go off on stupid people...
you definitely need an income. easier to hodl and add in the dips. if you’re active, maybe then you can generate your own income.
i like you. this guy fucks for aure
thank god for loans to hold me over till the next bull run
mom why are you in here?
have a job, have hobbies, exercise every day and eat healthy. i have fomo sometimes but i can deal with it, holding since 2017 and never bought at ath i would have fomo and made poor decisions if i kept thinking about it, go out and let your portfolio chill. no charts and no shit coins
i'm tryna quit my job
one of my favourite memories was some lad on a verge thiscord in 2017 saying. “guys don’t worry, i’ve set up buy walls now. price won’t drop anymore - you’re welcome” his buy wall was 🤣🤣🤣
absolutely agree. so many small time investors think crypto is a get rich quick scheme. even at the high level trading returns are not usually instantaneous; and if they are, they arent usually high. you might get rich quick, if you're really lucky. but most wont. this mindset that the exception is the rule is super paperhanded.
practically everyone wants crypto to fail.
good post, have an award.
wait, you guys do not have jobs? what have i been doing mining fiat this whole time??
yeah mom ok 😂😋
what makes you think nobody works lol, where do you think we find the money to invest in cryptocurrencies?
god damn it we get it crypto is volatile you guys are all sharks and kings of the jungle. yes my investment is small *now* cause it went down %80 since september. i think we're all entitled to be a little upset.
you're right about expectations but i do not understand why you think people here do not have regular jobs?
the truth is not always sweet.
i would imagine that half of the subscribers to this sub are probably also subscribe to anti-work.
the problem i've seen with small time investors, youtube investors, whatever, is they get some strange sort of attachment to the stuff they put their money into. and not just regular attachment, since it is something to pay attention to and care about, but like fucking holy temple pray to the god of my crypto type attachment. this whole mantra of i aint selling like being an idiot is something to be proud of. thinking that your crypto that is up 230% since investing is going to be the next bitcoin that is 65,000. people seem petrified of profits at times. it's odd
how many people here are actually only investing a few hundred bucks? i know this sub is very small time but that typically means 20-100k. i thought people here were techies and folks looking to kick their (decently paying) day jobs.
agreed. its fine if you want to be a day trader (i’m aiming to be one myself) but until you reach that stage, be smart and do the grind to not only fund your investments but also cover daily expenses. safer too in the case of it not working out!
some of the people here are 13 years old dude, not even really old enough for a job.
the few who make bank already...had bank...others can make a nice profit over time by turning over profits. this is different than stocks that can throw off dividends and with constant reinvestment and a lot of time creates some great $. the constant worry over daily fluctuations only worsens the anxiety to sell. it's not worth anything, until it is sold. better to reinvest your profits so that you are constantly in the market. it's how we made considerable 📈
ya people seem to confuse investing with high stakes gambling that is going to hit a jack pot lol
i wish. so many shops closed up. no one is offering any type of benefits. so if i were to work, i'd have to bank 10k before i even make any money cause of health insurance. life is not as easy as 1-2-3.
you are absolutely right on the wrong point
well, it happens during dip these things about leaving crypto comes in mind for so many times
we still need to make post like those in 2022? people don’t understand they need to invest at least a 5 digit amount of money to see real life changing gains?
most of you are clowns.
yeah number one most consistant reliable money maker in my life right now is the super productive fiat mine i call work.
i have .75¢ in crypto. waiting for it to turn to 1mil
i have a job. this is my side hustle.
random person opinion but . trying to day trade with anything less leads to poor risk management and just a shitty situation. and spending time stressing about such a little amount of money is absurd lmao.
nashville is the worst city i have ever lived in. been here for 10 years have lived i. denver austin, boston, orlando, san fran. nashville is the worst by far.
the amount of people super invested with a portfolio under 100k baffles me lol
bro. experience as someone who has made over 10 million in cryptocurrency. the best thing to do is to save money and choose a few good altcoins. then wait for the moon. this is my experience. dogecoin and shiba can no longer achieve more than a thousand or even a hundred times increase
and when you get a job, shut up about crypto at work. i got about a dozen crypto guys at work who act like they are gonna retire every other week then go quiet once cumpoopcoin crashes.
marc get off this subreddit
how else would they get free reddit karma lol...
how do you think we pay for crypto?...
yep. that’s what i do and have been saying the same shit. taught my gf how to trade and made her do this. gotta build up the cash pile by throwing in how ever much you can each pay check and research research research while you’re building your pile. when you have 5k then it’s time. she made over 8k in a few months.
um yeah. like some of you need to just get a j o b.
ah but the lessons, the lessons you learn are priceless.
this is the most engaging post in a long time. thank you op
i put in like -150 a week and every now and then will splurge a few hundred in. i'm not trying to buy property in the hamptons. i'm just trying to make my few thousand a smidge more than what it is already. realistic expectations.
is love to just get a job. you hiring?
most of these people are college age or below... yes they should get any job and they can 50x their net worth in a year. good luck explaining what their parents have been telling them. their response will be something something shiba inu.
problem is that ppl keep talking about 2017, 2010 or whatever the fuc*, they talk about ppl who invested in btc when it was being given away for free and ppl held it and became milionaires... and yes there are still stories like this, with doge, with shibb... but they dont know that there were hundreds of thousands of coins just like doge and shibb that never made it and milions of people lost money investing in them... but yea thats what ppl dont see. they see that 1 guy on shibb sub showing off portfolio chart. some top 10 coins from 2017 with good tech managed to die but ppl dig that under the carpet and only talk about btc eth and those that survived and recovered. this sub is big reason why beginners think they can make a living out of a crypto. up until month and a half ago ppl believed that btc will reach 100k by the end of 2021. 10k eth. . its all being spammed here. unrealistic goals that are showing way more then just 20% profit you talk about and ofc ppl think 100% only
that’s a lot to read but i have a job last time i checked do very well and hodl a good amount of crypto. not millions but tens of thousands and i’m proud of every single person that owns any crypto and good for them if it’s a dollar or 10 mill! i didn’t read your whole post but whatever your point is i hope you make good money in crypto and wish you luck
this was very genuinely nicely said, good job op. majority of people don’t want to grind a 10, 12, 14, 16 hour day. most people just want to work 4 to 8 hours and call it a day. if there is ever a time in your life that you should be fucking grinding as hard as you can, its now!!! get off your ass and grind. put in a 10 to 12 hour day and take that extra money an invest it into a bloody crypto market. when there is blood in the streets, even if it’s your own. now is the time to invest! if your current job doesn’t offer more than 4 to 8 hours, get another job that will give you more hours!!! there are so many jobs out there right now it’s insane. don’t let the whirlwind sweep you up, be the fucking whirlwind and snatch up some once in a life time buys on crypto!!!! not financial advise and no i am not a professional. but i have been in the crypto and stock market for many years. it’s just common sense
never invest in something your not willing to lose
turned 3 eth back in the beginning of august 2020 into 120 btc. uniswap and dexes are a hell of a drug.
get a job al
thanks to holding, i‘ve watched less than a tenth of one btc turn in to nearly 2 btc over the course of 4 years. you could easily make a million here... just as easily as you could lose it too. investors just gotta know when to hold ‘em and when to fold ‘em. if i feel like trading, i’ll sell my holdings once a year, but only after i see my alt holdings gain massively on bitcoin. it’s hard to sell near the bottom if you limit yourself to one good trade a year. and don’t focus on usd value. gain stats and eth. buy the dips. rinse and repeat
i worked 2 years straight in which 1 year i was working security shifts 7 days a week. seven. i saved all those thousands and put it into cyrpto and stock and now i’m literally dying cause of how down i am during this market dump. it feels like all that work i put in thisappeared but i’m still a believer in cyrpto and do feel that i will make that money back and more in a matter of time. but right now it hurts when you know you put all that 7 day sweat
ya i keep buying on these dips. bought when it was , bought today thought it was the bottom. you just have to keep buying and beliving
it's just people who want the easiest money. i know someone like that, someone who reads a news article about how they would have . there is no easy money. either you work hard to have a lot of money to play the game, or you sit around dreaming about your .
i'm one of the small mentioned here. i am however working bit by bit to add to my folio, so slow and steady.
so what you're saying is buy the fucking dip?
go look at the hex subreddit if you wanna see this and get depressed
people look at this and get offended but op is right, you should get a job; in blockchain. working for a dao, working as a community manager and people are making life changing money taking that paycheck in crypto. part time side hustle into a full time career, while full of uncertainty, if you are already working a middle of the road job, couldn’t hurt to try.
most everyone here has a job. we **don’t** want one, that’s the issue buddy
just dont listen to influencer that they can make you a millionaire.
says a post trying to moonfarm :)
dca long term savings into bitcoin and forget about it
yeah but you're also forgetting that a lot of people who make reasonable money working full time jobs also need to spend the majority of it on food, bills, and their kids or family. that leaves little for fun things, and maybe 50 bucks is a lot to them because that is also a full tank of gas for the week. i mean it is not like life is getting cheaper.
yea, the "i invested , i'll have my " group. its taken 6 years of work to build my stock. i've pulled all initial investment and then some, still holding 5x my initial investment in the portfolio. but i know i gotta keep going. i'm not "retire earlier" investing, i'm "enjoy retirement more" investing.
as much as i hate seeing posts of people freaking out over losing. let’s not gate keep it. small investors are key to mass adoption of crypto which will benefit all.
everybody be freaking out. except me. cuz i sold right before the drop. been waiting on a dip to rebuy. i like this dip.
some of this statement is correct. if you’re not using realistic funds to play with then it’s a hobby. those traders who are in for the long haul know crypto goes up and it goes down. smart investors know how to leverage their money and where to hold it.
just buy the dip! this is a thiscount!
thanks for saying this. a better investment is to dollar cost average over time while working that job.
what i find crazy is people not working and investing in crypto.
they took ‘er jerbs!
i know a couple real life people that made millions off crypto just your average guy working 9-5 then researching of the clock, hard work, compounding investments. that can absolutely happen with a couple hundred dollars. i’ve seen it first hand... but if it were easy everyone would be doing it. survival of the fittest.
👏 it had to be said! it amazes me how many people need advice on where to put their ! seriously buy a meme coin dude! i put in hundreds of dollars a paycheck over the last couple years and leave it be. i work 60+ hours a week so i can do this. i’m not sweating a . can you make thousands off -? most definitely but you are not going to retire with it.
“this message brought to you by big fast food”
most of the posters i see on this sub have only been into crypto for the last year or so.
took me an initial investment of over 10k and two years to get to where i am financially comfortable living on gains. and no, i didn’t have 10k to just throw away. i invested every week with all the money i didn’t need. it takes time, a lot of patience, but it’s possible to get up there. i’ve been hovering between 50-80k the past 8 months. crypto is life. hodl.
what a post, absolutely correct in most of it. especially the part that says you have to spend money to make money. but dont tell millennials about fist mining. it's an utter thisrespect
i will keep using bitcoin as a p2p currency and spending and replacing and accumulating more .
or do not gamble
trying to luck out on a shitcoin to get rich overnight with a small bankroll is just way too ambitious and unrealistic. with larger amounts it is definitely possible i guess but risk of ruin is quite high. i started in crypto late 2020 and with a few good early picks and a couple of bull runs i've got a 30x in total. you are going to need multiple cycles to get anywhere meaningful with a small bankroll.
my 5 year plan is to hodl. from there i will likely cash out off the top to put toward a house or something like that .
have you ever considered that some of us are not as able as you? what if you simply cannot do anything or have no opportunities? my only option to get more income would be to cheat and steal and im really not willing to do it. even if i really am desperate for the money.
youtubers are the real market makers lol
“there will be bear markets about twice every 10 years and recessions about twice every 10 or 12 years but nobody has been able to predict them reliably. so the best thing to do is to buy when shares are thoroughly depressed and that means when other people are selling.”
i'm just here to talk shit.
could you please give ? or a job?
i would not sell until i can make life altering changes such as retire and break out of this slave system.
so dumping paycheck into crypto is gainz?
i cannot find a job that is why i'm here
i'm not selling for no chump change. i'm looking at min 3-5 years.
you have to make money to lose money 🙈
small gains on small amounts is not a problem when investing in the first place is difficult for people. a significant amount of people live paycheck to paycheck because good jobs are hard to find, or require a significant retooling of your skillset. some people treat crypto as their slightly inconvenient bank account.
i have not worked a regular job since 2018 and i sure as shit do not intend to start doing so now!
not sure. every day we stumble across stories here how someone lost 100k's of dollars of potential gains. or how someone has 250k locked on binance.
i would not sell until i can use the crypto in the real world for real world purposes .
i can’t believe you losers will write multiple paragraphs for free on this site for people that couldn’t care less
i started in 2017 and didn’t have an exit strategy . i’m just now starting to figure it out. it’s one of the hardest things to do.
i work in debt relief. the amount of crypto bros who quit their jobs and bought a bunch of crypto on credit cards calling in crying is... really something to behold.
thanks mum for the daily reminder
[ dropping this here for my fellow germans. if you make not enough money - just make more.
my long term plan is to just buy when i can, and hold unless suddenly it skyrockets and makes me a billionaire. i would definitely sell at that point.
been hodling over a year now, planning on an 8 to 10 year hodl. reason why i do not stress over dips. buy hodl and dcaing in bi-weekly.
if my crypto does not make my life easier, i hope it helps my son's .
i am willing to hold till crypto becomes synonymous with cash .
gatekeeping crypto again, son?
which job is gonna be better than the profits in crypto without your boss being on your ass? not getting any job. the passive income from holding spool alone is better than my two months pay joined together. why invest my time in a job that yields me low return...?
this is not the worst post i've read all day.
i will hold it forever until it’s a legal tender in the states then i’ll start spending my crypto .
having a job and beeing able to dca -
i came into this without an exit strategy and frankly, i still haven’t figured out when to sell.
you learn way faster by losing 1k
blahahahaha. i thought this comment was for the anti-work sub lol
that’s why i yolo’d into jasmy. 3k could become 300k with return to previous all time high.
it’s sad that this even has to be said.
it's sad to see people hating their jobs and do nothing about it. i know there are places where you literally cannot do anything about it, but those i think are not the majority, and it is not the point if this comment. people will spend countless hours researching an altcoin, but no time is spend learning something new for their job, or to to switch to a better job. and i say this from experience, almost anyone i know who complain about their job does not really do anything to improve or learn new stuff for a better job , they always have excuses when asking why they are not searching for a new job. they prefer to go out, play games, anything but study. i get why crypto is such a luring ideea, you get to have a lot of money, for doing next to nothing.
guilting the sub into working harder so that they can waste even more money on shitcoins is exactly how i thought this sub would turn out years ago. can’t say i’m surprised to see a post like this upvoted as much as it is without any contradiction.
why does every white guy in the world think he’s the only one in the room with a job… always
a small amount can become a large amount, but it takes time, strength to hodl and you need to choose wisely, fomoing into the latest cc shill wont do you any favours. in any case fiat valuations are irrelevant, we are here for future money, not legacy money.
r... get 'em r *we like to preserve our echo chambers around here*
wait what? my 50 dollar investment i scraped together in change wont make me financially free in the next 2 months? this is some bs.
you've inspired me, i'm starting my paper route in a few days! ![gif](giphyl0iyajjbnirvcr7rc)
meh. i'm 38 and i work as little as possible. i have built my entire life out for this purpose. i have no kids, no pets, no debt, and a girlfriend in her 20s. i think i'll stick to what i'm doing, thanks dad.
is there an obnoxious award you can give someone? just asking. it does not have anything to do with this post.
no shit. you softies all want to just show up and retire . it’s honestly sad and pathetic . grow up , go work , invest a piece one dollar at a time like everyone else has for all time . stop sitting on your ass waiting for a stimulus you can hope that will pump on some shitcoin and go work and invest in yourself and your future .
no one wants your opinion, go invest in your corner and be quite.
why get a job ?when we have crypto 🤑
>i mean this in the absolute nicest way possible yeah, i'm gonna go ahead and call bs on this.
speak for yourself i’m a whole coiner. 1 doge coin
but...they took our jerbs...
holy moly, assuming most crypto users are actually from countries with minimum wage. considerated that some here (not me) are actually so poor that 50 bucks is life changig money? guess what, your ignorance is underestimated by the upvoters, you should go drink some fresh ganges water. just because you have so much money that you can feel cool to bs right now, some here look at your numbers and just laughed and shat in their pants. i assume now: you are a typical millenial whitey that went on a social year to australia or kanada growing some trees to feel gud, while daddy actually paid for all that shit you posted on instagram.
i'd bet 90% of these "small time investors" you speak of have a full time job. for some of us, crypto is literally the only light at the end of the tunnel. the one chance of not living in crippling poverty. when you take home 800 dollars every two weeks (thats well above min wage mind you) and the cheapest rent available in the worst neighborhood is still 900, that 50 dollars every month or two weeks is a lot of money and we want to invest it wisely. im sure you had good intentions with this post, but all i see is someone way out of touch with the cost of living who's shaming poor people for being worried about their literal scraps losing value.
any advice for easy online content, i am looking to make . and have no money to invest. i dont have a following so anything i post i cant make money off of what do you suggest i do online to make money.
how is this possible?
my job is shitposting
best post in a year
tl;dr make more money so you can make more money
job you say. last time i tried that i was fired for staring at the charts all day. no thanks!
awww shit let me go do that. can i still sell weed too tho?
cryptos are scams only bitcoin
you guys always got something to say stfu
"you should not invest your last . you should get several minimum wage jobs and dump that into crypto" solid advice.
lol... i have a job. i also have a neat chair in which i sit in watching this fail. that tag is actually a lie. i've been a redditor since the website was formed and have taken part in a lot of historical things that have happened here. i've been banned many times but have managed to speak with admins various times and get unbanned. also, every year, i delete my account and see if i can get more comment karma than i did the year prior. i know it sounds stupid, because it is, but what is life if not a series of stupid little challenges? i hate you guys because i have to wait 4 months to get my computer. that is the only reason. this failing completely will lower the cost of cpus and gfx cards back into a state where regular mother fucking people can purchase them and make it so ordering a god damned computer does not take a qtr of a year. you greedy bastards are making it kinda shitty for us poor nerds who do not seek riches and merely want to freaking exist. so, you suck...and i cant wait for this to fail. and that thing i said about deleting account. i really do that. i bet someone will hyper focus on "how sad" that is... you know, cause it is! better than fucking kids though.
i've been trying. nobody is hiring
extremely ignorant and sad clown post
wendy’s positions are all full.
it’s all about staking and defi. forget college and learn it
if we're being honest, you're post certainly is on the right road. here's the short of this post, and i would not be so kind. anyone not willing and or able to drop 15, 25, 45, 50k or more into crypto will have about a 4% chance at becoming an uber millionaire. (this if you're in it for the short term) on the flipside, anyone that did manage to invest a few hundred bucks and turned it into several thousand, you were either an earlier adopter(like myself) or you basically got that once in a lifetime lottery ticket. it's not the norm, do not fool yourself. basic consensus is, you need money to make life changing money (i.e. what the average person considers life changing...). if you are truly in crypto for 20 years then most of the above does not really apply to you. either way it will be extremely difficult to become a millionaire with a few hundred bucks.
eh... i accidentally bought btc & eth at a decade low, sold at a ath (20x return), rolled those profits into alts for another 15x return, so in about 18 months had a 300x return which i began to cash out last november, so it is really more of a timing issue. i just doubled my money on a single alt over 3 days this week... i earn more from crypto, than i do in my "day job"... and i'm in the top 10%. i did not put a lot in, just aim for the moonshots. if i wanted 20%, i'd invest in my normal channels. it goes up, it goes down... this will be over soon. i'm not special by any measure. ' edit: how did i find this gem? i read their plan, felt i could use it, invested a portion. not all will hit... but i only need one to.
good advise man. i've only been putting 10-20% of my monthly paycheck but i somehow was thinking that i should change jobs for a higher pay. but i do admit, sometimes i envy those who could gamble everything they have like they have nothing to lose.
most of crypto is a pyramid scheme. they all eventually fall. most people have no idea of any of this. most people do not even know there were digital currencies **before** bitcoin.
i told y’all to stay out of crypto, but ya didn’t listen.
most of them are just early adopters that sat on what they bought and they feel that makes them genius level analyst. my grandparent bought beach property in the 1950s and it 100 x… my grandpa never thought he was a real estate mogul.
most of them are youtube millionaires probably - if you have an extra source of revenue its easy to divert all that cash off to crypto and not have to worry about losing it...cos if you do then just make a video with a catchy thumbnail about how crypto ruined you...and reap the add revenue. win win for mainly posting shite
it's easy to invest 100k when you can charge 35k to promote a coin.
pretty much every crypto guru: very rich parents who give them seed money.
most youtube millionaires became millionaires by making videos telling others how to invest, while they probably did not even invest one penny themselves. that's the sad reality.
yeah, like the "dogecoin millionaire" did not put in 1k and get 1m, he put in like 200k and it is a bit shy of a milli now.
the best way to make money on the internet is by talking about how to make money on the internet
it isn’t that hard to get . hell, my portfolio was up 500% back in november, that would only require . not a paltry sum but certainly not a ton of money.
also that they have an actual income through their subscribers. so it is not like they will have 0 cash if all their coins tank
or they they tell you they are buying tokens, views, referrals etc.
a variation of an old saying: "how do you get a million dollars [in crypto]? start with 've lost half."
all of these youtubers accept payment to shill a coin or sell a membership to a club.
the more you dig deeper into crypto the more you will thiscover you know little about so many things in life. keep learning and never stop!
and we do not see the ones who lost everything
no they didnt lol. they get most their money from shilling coins they bought early or just simply monetization. how many say buy this coin, check out this coin or do analysis but never show their buy orders? because some dont buy lol they just make vids and get paid for it
i turned ,000 in 2017 with eth and omg. i turned ,000 into ,000 this year with lrc, shib and eth. timing is everything in crypto.
if they bought at ico .
well actually they also earned money from adsense, they have no fear to lose some money from market. they will be so desperate if no one would see them again.
who is the most senior crypto youtuber ? i wonder when they started. those i’m sure made insane gains if they held.
not to talk about whitelists and opportunities they get just from beibg able to make a lot of people click a referrsl link
if you bought 1k of bitcoin in 2011 maybe
most investing millionaire youtubers becomes millionaires because of youtube. not their investments.
i always heard something that stuck with me and it was... the best way to make money on the internet is just talking about how to make money one the internet...not even actually doingg anything lol that really hit home when you hear these people talk in nothing hut sponsor language
or they invested .
exactly. it’s a lot easier to make a million when you start with one.
they became millionaires because they convinced a bunch of people to spend million on their coins (legitimately and illegitimately) hoping that someone will come along later and give them even more money for them. eventually you run out of fools then they are just left holding the bag.
under this logic, if they turned 100k into 10m, under that they would be able to turn 1k into 100k, and then follow them to 10m?
no, they became milionaire selling shills for lots of shit coins
if they’re making so much money from crypto why do they need to have a job making youtube videos. very few youtubers make big money.
that youtube millionaire is more like a 500k-aire now
internet people just doing their *lying* jobs!
or they got lucky mining coins in like 2010 when bitcoins were still like , and then forgot about them until they were worth like 10k or something.
haha a lot of them are not actually millionaires. don't let them fool you.
but is bitcoin still following its key principles and working?
that would be the fake gurus shillin their courses. i wish i could ban all the investment shorts on youtube from my feed.
they are also the ones whose oddball tech savvy ideas, anti wall st anti fed and sociopathic paranoias happened to compel them into crypto very early on in the game. like guilfoyle in silicon valley or the early proponent rich kids. they were looking for something new to get even with zuckerberg and they chose cryptos. and at the time there was some doubt it wojld ever amount to anything. but it was not until the covid shutdowns when the real craze started, spread like a virus around the world, and when many big companies started at least considering taking cryptos as payment, that is when it took off. the problem always was though, that it was never anything but a pyramid scheme, and pyramid schemes no matter how successful always end up crashing. especially since more and more bogus cryptos were being created every day more than 15,000 of them in total. plus yes, it is easy for billionaire mark cuban or musk to risk 2% of their money on cryptos. if they lose even 100% who cares? plus pre-regulation rich guys could also write off their losses then rebuy without a tax loss wash sale period. that is about to be outlawed, but it has been there for years and very useful to rich people. but if you are not rich it is of no use to you at all, it is just a 100% loss. plus there is the tax evasion part of it all. have you seen those stories about russian scammers selling crypto millionaires who give up their us citizenship caribbean tax haven passports? they have to sneak back into the us across the tijuana border if they ever want to go home again and then the irs may be waiting. plus they are stuck on an island when hurricanes hit. they become fugitives not escapees.
whenever i immerse myself in new subs, and wonder why the hell it’s so shitty, unmoderated, and full of shitposts, it takes me forever to realize that most these people are half my age. every. damn. time.
this explains way too much
i want to know how 16 year olds in the united states are able to trade crypto...
" yo momma so cheap she farming moons on reddit"
*big bro is that you?*
i didn’t know your mom is on reddit promoting her onlyfans
she is the top poster in r
i told her how to do it last night
the lengths she will go to get you out of the god damn house!!
i did not know my sister...even if live in the same room...
you'll be surprised at what mums know these days.
i did not know my mum could make an onlyfans account...😥
your mum and my mum should get together and go bowling sometime...
my mother is asking for my private keys. should i ask my dad to divorce her?
now its an easy process to make a reddit account for anyone, just a google account is enough
sometimes the pettiness is such that they uh...find a way.
she did not. i did it for her last night. ( ͡° ͜ʖ ͡°)
oh crap, nobody tell him about her onlyfans account...
this one hits home.
but you are her handsome and smart son, so you are really precious to her <3
she is good at a lot.
“why don’t you buy stocks in candy because you **love it so much**”
also, make sure to take your jacket when you leave the house later today.
ops mum made it when she opened her only account….thanks mummy
who knows where she will stop
damnit mom!! get off reddit!! i understand it’s an addiction, but don’t copy mine!!
mothers huh...when they say they know what you've been up to best believe they know even before you did it.
i hope you do not find her onlyfans account too
my advice to you mr. lebowski, is to do what your parents did. get a job!
ben, is that you? have you heard from your sister, eileen?
she did not. i made it for her while she was making me breakfast.
that’s not all she knows how to do 😏
i showed her along with a few other things
don’t worry, i’m pretty sure it’s my mum who posted this
because all mothers are god's creation ❣️❣️❣️❣️
thing that a lot of people dont consider is how much time the "tons of research" takes. if you're spending 10+ hours a week reading this sub, researching, etc, you need to divide any weekly gains by 10 hours and look at your earnings per hour. in some cases it may be less than minimum wage.
i mine fiat, stake eth and fold bananas
proof of literal work lmao 🤣
proof of work uses too much energy, i need to find a different consensus mechanism
how about some authis as well?
i myself like italian cars
i mine fiat too, then i dump it for crypto.
i mine fiat and moons everyday.
as a noobie i thought i'd make money trading and put the profit in bitcoin for long term . boy was i naive.
sameee, back to the grind
remote fiat mining is the way to go
that's good, and i do same but later i stake them in different cryptos
could you point me towards a resource on how to get started mining fiat?
i think it’s just a cheap way to get votes
pimpin' am not easy
i hate my job and it does not even give me this kind or luxury.
this is the way, i'm telling everyone the same if they ask me how to start with crypto. if you have any leftover at the end of month 20$, 50. shit start accumulated and maybe at the end of year you manage have 1k and that 1k can go up once or even twice, that would be nice bonus at the end of year maybe some extra christmas gifts or holidays. i'm doing this since 2021 jan, managed to stack 5k at some point that 5k went up almost 10k. i'm stacking everything and just from passive income i got 200$. money that i would spend on games, alcohol or hookers just made me extra money... its a win in my book
when you've got cheese money you know you've made it.
'we would not need to eat kraft dinner...'
i enjoy my job. crypto is just interesting (in that there are some fascinating projects going on) & a chance to maybe make a bit more on the side to help with the future.
[wal-mart's artisan mac and cheeses, destroy velveeta](
yeah, that is the best way to invest in crypto and at the same time mining fiat as well
do you buy all year long whatever the market trends? or do you stack the fiat to buy the dip
literally ignoring a teams call as we speak lol
at the bar but close enough
looks like this whole sub is going to join you soon enough
is the ice cream machine working?
calvin's got himself a job. way to go, calvin!
can i have a mcflurry?
flippin' bugers to the moooon!
put a gropro on your head and you'll earn a shit ton more on tiktok by recording what you do there lmao
“oh, get a job? just get a job? why do not i strap on my job helmet and squeeze down into a job cannon and fire off into job land, where jobs grow on jobbies?!”
cz started there too ' good luck
flippening they said all i got was flipping burgers instead 🤣🤣🤣
«*i'm lovin' it!»* i see what you did there! :d
i started working at burger king just last week. again, it’s not too bad, you get to have it your way!
found the el salvadorian dictator
you can earn fat coins as well
yes i'd like to order one large sofa chair, with extra chair please.
confused whether people understood this one or not lol
that's the spirit! just do not expect to have it your way
i started my first day at the sex club, i've go the aids.
i worked there when i was a bit younger. it was not pleasant but i think it was good for me in the long run. mcdonald's will not let you stand around, which sucks, but you'll get used to it and at your next job you'll be more active than others and will make more because you're used to not just standing around
ask your manager if he can pay you in mcdonalds nft’s instead of money
ba-da bop ba-baa. i’m vomiting
you should come work at amazon. we work hard, have fun, and make history.
if you have a nearby amazon warehouse, try it
then its great many of the people here would try to join you in recent dip
bro why? go work in a real restaurant where you can at least pick up skills
found bukele's reddit account
"hey guys i just invested in x so it is gonna go down now"
cries in myanmar with covid + coup + civil war + inflation + thiscontinued education + unemployment.
cries in spanish but in venezuela
lets cry together hermano
my man im spanish and 26, and i guess thats not true at all, there are job in spain, just get out of your 2k € pc set up and start looking like you dont have nothing to eat next week, there are plenty factorys, logistic and a lot of shitty jobs. i dont have studies and ive been jumping from a shity job to another. i was working on a storage (almacén), and one day my boss needed me to help the technicians, i did my best for this oportunity and now my boss usually send me with them for help and learning, i have gone from earning almost 1k to almost 2k and investing like 500 each month. i started investing in ath so fuck me, but still my plan is to dca until im 30 and see what happens. good luck!
soon when gas fees goes down
maybe the real lambo was the friends we've made along the way?
you'll have to work harder. soon lambo!
if you are not working for yourself, never!
yep that’s what i said in the thisclaimer. there was no way i could write this post without coming off like an asshole, i fully respect small time investors and understand everyone’s situation is different, but i also believe very strongly in being realistic. telling everyone we’re all going to be rich and changing the world even with small investments isn’t realistic
that’s ,200, so like 8 years of comfortable but not extravagant living, or a decent sized house
thanks for ruining christmas!
shrimps offering advice to plankton as whales slaughter them both
at least in this case the small time investor has good advice for the even smaller time investor. people in the sub chasing financial freedom would be better served picking up a first. that same advice doesn’t apply to an investor that can passively earn six figures in an etf.
it's actually hilarious that op says "get a job so you can dump money into crypto because if you're not dumping enough into crypto it does not matter anyway" like, why not get a job for the sake of having a job and a career and not to funnel all of the income into an unstable gamble of an investment? don't go get a minimum wage job so you can buy an extra hundredth of eth every month, go get a career so that you have insurance coverage, retirement, something tangible and valuable to the world
*opens door* "are ye' fucking grandson?"
is your granddad spartan?
i take a lot of risk. wen sex?
what? that does not make senseeeee
my uncle said the same thing. now he’s been on “holiday” for twelve years.
i hate to be a wagie but someone needs to pay for rent and food lol
i thought browsing reddit all day was part of everyone job
gotta go to instagram? lmao
i think we are past approaching
there was a poll here in october and half of participants had less than .
not being mean, but when do you get to spend time with said family?
depends on your bills. living with parents? sure you do. living with roommates? maybe. living alone? highly unlikely.
try and take this the right way, because i am only saying this to help; if you have sent 500 letters (applications?) without luck then you need to change something about your cv, your experience or the type and level of job you are applying to. statistically by now you should’ve just lucked-out with a hiring manager or applied to a job that had few applicants. maybe take your cv to someone for rewriting and. good luck
you need to apply more. that's not even 1 job a day. also ask for help from subs . honestly, i've applied to more jobs (applications per day) while full time employed when i was looking for my next job.
keep trying! don’t give up! you will find a good job soon we hope!
just a suggestion...you cannot ask for a .
start something on your own mate, build a small team and provide a solution to a local issue. this will help you and you can give jobs to others as well
obviously need to do some work on yourself brother. get educated in something your passionate about and you’ll get hired easily
i did the same thing. we'll come back stronger and wiser.
yes. one of my friends bought shib, then tried to rub it in my face that it was pumping after i called it a shitcoin, then told me he only put "hood rich". now all his coins are deep red and he is "bored of crypto" and is gonna "yolo into gmc" instead
yes, the awareness about crypto should be increased along with adoption
yes, early birds have their own freedom and incentives, so its good to start early
advising someone to work, in order to make some more cash, is belittling? lol, ok.
if you’re in a situation where . so i agree it’s all about perspective, never give up guys
exactly - a lot of people are not aware how far amounts of money that they perceive as small can go in different parts of the world. i sometimes go on a website for people who are learning english and want to improve their conversational skills. there are not a whole lot of native speakers on that site, so they tend to appreciate it when they get to talk to someone from an english-speaking country, plus it is fun to hang out. one day while i was on there, i sort of befriended a guy in his mid 20s from india. as i got to know him better, he told me this whole story about how he lied to his dad and told him he would spent the last year or two saving up a large sum of money so that he would be proud of him. the guy mentioned the amount he told his dad he would saved, so i typed it into a converter and it turned out to be something like . hearing first-hand that to someone out there, *lie* to his parents about to make them *proud*, well it kind of changed my perspective on the whole thing.
this, you are right. everyone invest the amount they are comfortable with and the same amount can be trivial for some but huge or possibly life changing for others
harsh truths aren’t belittling. i feel for those that struggle in under developed countries though they have to work twice as hard. but still is not impossible there are so many success stories
getting a job is not belittling.
how’s it belittling to tell people to work? it should be expected
op has one very clear point nta.
it’s not ahole energy it’s a much needed reality check for people. those who have done well and have real money know you can’t be sensitive and have feelings. in my experience the harsher and more honest the advice the more helpful it is.
i tried to avoid the ahole energy as much as i could with the thisclaimers and reminders, but i honestly think it’s an important point. crypto gets more rewarding the more money you can safely have in it, and for the average person, you’re going to reach that rewarding level much quicker and safer by just grinding out a conventional job than praying for your small investment to go parabolic
this is correct. i would never invite op to my wedding.
no, op is being realistic. if you're in crypto because you think dcaing , one of 2 things will happen: 1. you end up chasing meme coins and pumps and end up holding empty bags. 2. you end up thisillusioned and hopeless. setting realistic targets and living in the real world is so goddamn important if you want to actually improve your situation. pipedreams with no basis in reality open up a vulnerability. this is not about talking down to people it is about making sure people are not setting themselves for failure or worse.
're cranking in , nothing to scoff at. everyone starts somewhere.
i think what op means is people should start finding jobs instead of solely relying on crypto. investing savings into crypto is a different thing.
*cries at 50 work a 21. take care of wife, 2 year old, and 2 dogs. own a house, paid off 2 vehicles, and only invest my extra money (which am not much.) but we make it every week somehow. living the dream baby
> crypto offers some hope for the little guy that is just trying to improve his lot in life. like a lottery?
i’m in the second example. awhile back a guy was like “if things are so thin, why are you putting in 25-40 a week?” i told him he had it backwards. i put in that much because i have lots of obligations…that are met besides very few people put money in once. i would think 99% continue to invest, albeit at different rates.
ok? so substitute 's fun investment amount would be. you're getting mad at a misunderstanding of what op means. just talking about the trend of people investing tiny amounts and still spending lots of time on it, the dollar figure is literally just an example. this post was not written for you, so do not try to make it about you.
yeah and sometimes you lose that money too but having patience is good
no, i'm here to contribute to our beautiful crypto community.
i do not care about generational wealth tbh. i came here alone and will be dying alone. if, i have a next generation, they should be able to make it themselves.
’t that bad tho.
what an absolutely shit opinion. i would love to see you at your job. people who jump straight to bashing fast food workers are always the worst.
buddy i keep saying this but hbar- you'll do way better investing in blue chip dinosaurs in the long run... i hate to see people get looted like this by vcs. i do not know what to do or say to convince people to not invest in such crappy well marketed. hbar sounds good on paper, but investment wise, it is a lost deal from the very beginning. get out of it and into eth while you still can.
students getting overlooked, covid19 restrictions limiting job market, lack of retirements from long held positions, government sugar daddies, young adults not being able to afford moving out so they stay home and work less as a result. so on so on, its almost easy not to work these days.
i will call them wily coyotes from now until posterity.
most who made bank have sat on their bitcoin etherum from pre 2017. the rest got lucky from some altcoin. a few people traded their way into millions but most lost it doing that. people that traded their way started with at least 10k plus.
yes, haven’t you read the statistics? there are more new investors from 2021 than there ever were. that’s why we see so many duplicate posts all the time, it’s legitimately new information for a considerable amount of people.
nearly 2k comments and 14k upvotes, i’m really just speaking to the void here aren’t i champ?
that's one of the most fucked up looking charts i've ever seen haha
lol why did not you put it straight in the lottery?
a small amount can become a large amount, but if you build yourself a strong base through conventional money-making methods, you can turn your original investment into an exponentially larger amount than that original large amount
and where you get the money to invest in crypto genius ?
onlyfans and bottled farts
lol one of the old guys i talk to told me about how his grandpa sold a ton of beachfront property for pennies back in the day and laughed about how bad he scammed them because you could not raise cattle on a beach. probably worth like a million an acre or something now.
your grandfather never had his investment validated by thousands of people. that's the difference
grandpas are so awesome
then there’s me: sold and not sat on what i had. and get to watch others be gazillionaires. but at least i’ve got air in my lungs if not my longs!
i bought 2200 bitcoin at one point to buy some currency on a game… imagine if i hadn’t spent them all, there’s tonnes of people out there that still had some…
>property in the 1950s and it 100 x ah, reminds me of this [vinwiki story]( i know that is what ultimately what we're all chasing here, but i always find the idea of someone working at fairly small job being able to acquire such a valuable asset so early on for cheap to be both astounding, and in a way, enjoyable. always love to hear about it.
in other words, the people at the top of the pyramid get rich.
i mean... someone who dumped $$... relative to anyone who did not.
your grandma still around? if not, tell gramps that some of us are single.
max keiser once gave alex jones 10,000 btc for basically no reason.
is it before 2028 (8 years from now), thereafter i might consider taking profits off previous investments ?
>what people do not understand is that 99% of crypto millionaire youtubers became millionaires in crypto because they invested over spot on. people do not take the crypto space seriously at all because theres so many crypto funds that were essentially early adopters and they could not tell you the first thing about macro or micro economics. yet they seem to believe they are some sort of genius analyst. shit you could say that for almost everyone in crypto, it is hard to lose when the majority of major projects go nothing but up and exponentially so. i was looking at some article about btc to a 100k this year that was quoting nexo. their fucking cfo has a degree in humanities and somehow scored an auditing job for a few years and now is making grand proclamations like he is some sort of economics wizard. it is by far the most obnoxious thing about crypto, its made a lot of idiots rich, and they believe their opinion carries more weight. shit you see it on this sub all the time "i've been in crypto since 2013 i know what i'm talking about". tons of people had reasons for investing in crypto for dumb and inaccurate reasons, but they got rich just the same and think it is because of that. it's serious survivor bias.
my father did the same thing in the 1970s. laughing off the half million dollar offers in the early 2000s. i was begging him not to sell it because of the memories we had there‘s children. beachfront property is now worth 10 times that.
you are comparing a +70years investment against a 5~8 years one. doest not make sense.
99x percent of social media influencers have not become millionaires from it. or even close. we hear about the 3 or so who did.
lookin at you bitboy...
or the popular asic channels who get free asic machines and act like everyone can just grab an asic for msrp (when they sell out instantly and get scalped for 2-3x msrp at the minimum).
same as most self-help investing-advice books. seems that a lot of the authors biggest revenue was the books, not their own investing.
that's what stevewilldoit does with online gambling
you turned 15,000 into 75,000 in 2022 on eth , shib and lrc? interesting. the value sinks down and you get 500% gains
a lot of them don’t look old enough to have done that
if you have 100k you can invest in alot of crypto but with 1k your very limited and would have to gamble on a meme coin doing 1000x in less than 13 months
i originally joined reddit because i stumbled across r"wow this is my kind of place, full of intelligent, thoughtful, academics...little did i know.
hard times when you realize you are now the "mr burns on a beanie" meme in real life
probably 75% of your past arguments on reddit where with teenagers.
i feel i'm old now but i'm only turning 30...
when covid started and schools were cancelled i literally uninstalled the reddit app because the thiscourse just went into the gutter and i realized, “oh, it’s just a bunch of kids on right now.” eventually i came crawling back and started curating what i looked at with more care.
f\*ck, you are so right. feeling old now.
mother knows breast >!do not look it up!<
...but she still does not know shit about fuck.
mother knows best-tangled song
"yo momma so cheap, she is using bitcoin as a hedge against inflation"
so do not bother researching. understood.
not entirely true. you're right that you need to consider your time investment, but you should also factor in the education you gain along the way. it's not as simple as $.
there’s always money in the banana stand,
come, mister tally man, tally me bananas daylight come, and me wanna go home
posp on reddit seems like environmental friendly option
just need a better job. lazyneess and complacency get you nowhere without rich parents
for audi, you need to find some new coins which are yet to be launched
get a new job. the people who you look up to or are jealous of did not get to where they are by staying somewhere they hate being.
same here, love my gig. and crypto is a solid one of my investments, albeit a more fun one. and hey, if it did happen to moon i wouldn't be upset
honestly i think there are plenty of people like this, but not many post about it on subs because it’s not always received well. funny thing is, subs where this type of fairly well paid job is more common are often fairly anti crypto.
the average wage gives 45k a year, not much wiggle room there unfortunately, sudden bills are a bitch when you do not even have 2k in savings.
i have a good job , a pension, and tsp. i put money into crypto to make play money in the future and maybe pay my mortgage off early if i get lucky. i know i’m not going to be a millionaire. my tsp is taking a hit boy i can’t even look at it lol
but we will eat kraft dinner...
yeah me too. op is right - even if bitcoin doubled, thats not life changing money for most people. its nice to get the extra cash, but for me it will only ever be supplemental as i dont have enough spare to put in the market - or enough im willing to risk i guess. just dcaing in over time and hopefully it will pay off eventually down the line
i started late. i buy whatever is reddest in my portfolio (of the good stuff, i don’t dca moonshots, but i have a couple). when the food stuff is up 20% i look at a different project to get skin on and do that and restart the dca. always keep some back for dips like this tho, or something you can liquidate like usdc. when everything goes red, i prioritize the good stuff again btc, eth, dot
made my day with that comment
we'll all be flippin burgers real soon with the way my portfolios on fire
i’m applying for wendy’s, anyone wanna join?
they never work. but the people that fix those machines make a killing. apparently, it a a huge scam.
the machine is broke.
just have something come up that makes working impossible and every resume you sent in the last year will respond
we gotta start somewhere. my first summer job was in the flower garden.
*harold never gets old*
> you would have it’s crypto, he’ll either be a millionaire or have no savings
you haven’t accounted for compounding. you would have ,933
"please let us know when you are sell so we can buy before it pumps"
i’m really sorry, but i initially misread that as covid + *soup* and i began wondering why the soup was so bad there for a moment.
how'd you know his name is hermano?
irl gas fees are probably stopping people from saving up with where it is going.
or when lambo’s sufficiently depreciate in value as they age and gain mileage.
car gas or eth gas?
this is true. sadly.
819,200 is only 8 years comfortably?
in 8 years, that would be down payments on 4-5 decent single family rentals near me.
i could live 50 years on my sailboat with that much money.
that or several decent houses in a sane part of the us.
that’s kind of a broad stroke considering the scope of the world and the value of money plenty of good places your money will go much much farther, you can double or triple the value of your money just by choosing where to spend it
plot twist: they have been inside the whale the whole time, and are about to be digested
maybe because the point of the this sub is for crypto? the people on this sub *want* to invest in crypto, op *wants* to invest in crypto.
it’s not a binary choice of invest everything in crypto or nothing in crypto. crypto can play a role in your investment portfolio along with stocks, funds, etfs, etc. and it actually should once you have serious money. yeah my funds and stocks are down, but they’re down like 10% right now, not 50-60%.
i do not know why, but grandad had a scottish accent in my head just now.
spartans!! what is your profession!!?!
browse through reddit follow their financial advice investment in ripple and wait a couple years to do something. profit
instagram from “meta” is shit
i think you're underestimating where we *could* go from here
i got banned in one comment
and even half of that them probably don’t have a significant amount invested, maybe significant to themselves and the wealth they have but not a significant number you’d see huge gains or losses
also depends on where you live. .
this is correct. after 500 letters...it is not them...it is you.
learn webdev. easy money
gender studies majors eventually have a 100% employment rate...and they are luvin it...buh duh buh buh buh...
heh. fair enough then. that does sound incredibly stupid.
advising to work is not belittling. saying . let people invest whatever they can. it will take time for that 20 to become 200 and 2000. let them do whatever they can.
his paper thin skin probably matches his paper hands
obviously nta. if you work in
i've also seen where honest and harsh advice was just plain useless. think captain obvious. op is putting this out there presuming people are not already working. he is not being nice, he is being condescending. if he really was interested in giving advice he wouldn't be prefacing his point with a pseudo apology. why not just lead with "hey save up money till you can do something impactful with it."
this. how much would some folks here have if they were just doing regular savings with the money they used dca'ing into shitcoins during bear markets (not even talking stock market here)? a lot.
yep, idk why this isn’t more upvoted. crypto is just an investment vehicle and a speculative one at that. you need real money for any investment to be worth it in the first place. most relatively wealthy people including some in my family start out working low pay jobs, maybe pool together with others for business ventures but generally bust their asses to earn and save. only then can you really invest effectively, you need a foundation of wealth (+) to start with. even those that are wealthy only have a small % in crypto for a reason. real estate, shares, business ownership are tried and true. unpopular opinion but the appeal for crypto is a trendy easy way out of paying your dues. even if you do well in crypto, the market will eventually stabilise and you likely wont have the work ethic or knowledge to keep growing that wealth. in saying that i do believe much of the technology behind it is the future but the real winners are gonna be the guys behind the big projects.
’t bad, thats . i do something similar, except i split it between crypto & stocks. you just need to be consistent for many years.
no truth is absolute. it all depends on perspective.
, but could be everything for someone!
it makes money to take money
why is hbar a lost deal from the beginning?
i understand but even if i might sound arrogant, it doesn’t take rocket science to figure out that you won’t be millionaire with 200$. anyway, as long as it helps.
in the 50s around long beach and huntington beach in ca they were literally giving away parcels if you bought a lot. it was all oil fields then and my grandpa was mocked for buyin a lot in a “swamp”. it was less than 500 yards from the water and when he passed, my grandma sold it for over ,000,000
and then will be worth nothing in 50 years when sea levels rise 2-3 meters.
nor did he need that. unlike many *many* people here
meh… whaaddya gonna do??? tons of people sold at , , !
tons… like thousands of people. we were offered 5000 btc in 2014 to print a bunch of t-shirts and my exact words were, “i can’t spend your internet money on my bills” (while chuckling smartly)
i think i know what you mean and i am impressed with the number of categories we have for traumas, statements, thoughts, positions and philosophies. this is a new o e for me.
somewhat… my brother wasn’t very smart and he bought a bunch of tech stocks in the mid-90s because his friends told him to. i know btc is sofferent because it’s a new sustem and some saw it for what it was. i bought it as a, “that’s an incredible idea. i think i’ll grab some and forget about it.”
i remember that story… alwx has no idea where they are and is sure he threw em out on an old laptop.
i’m comparing early adopters profiting by adopting early. everything else comes from you.
most are okay investors but even better marketers, they make money from ads (investing ads are the best paying) most get sponsorships, they make streams where people give them money to be acknowledged and they have patreons so even more people pay them for their advice. they could be making 50k a month easily just by being influencers, now put investing on top and they could double that.
the sad fact is that most of the internet millionaires weren't one when they started making videos or selling courses on "how to become an internet millionaire like me!", they got rich from others giving them money (either directly or via ad revenue ) in hopes of becoming rich.
i had never heard of this guy so i googled him and the top hits are his twitter posts whining about people being mean to him lol
this right here is the biggest problem with “experts”. they make money by espousing bullshit when in reality if you want to be a good brick layer you must become really good at laying bricks.
yea, most are not. but if i started when i was 40……
oh i see, yeah that makes sense, so basically you have more odds to win
i only joined reddit because all the traditional forums seemed to be dying off. sad thing though because those had more of a sense of community, regular users became well known which is only the case for a few assholes on reddit, and there was a lot more to be gained from the dialogue. reddit is just a bunch of morons rushing to make the same tired jokes. (this is the way)
unpleasantly relatable. why are you coming after me like this?
"how do you do, fellow kids."
i used to be with “it”. until they changed what “it” is. now what i’m with isn’t “it” anymore and what’s “it” seems weird and scary. it’ll happen to you!
were* (3 sexy no-scoped your mum lmao)
op is right though many a crypto bros do not have jobs and it shows
"yo momma so cheap, she right-clicks on nft gifs and click save as..."
underrated comment here. too bad i uh… burned the banana stand down…
’t much to you? i’m saving 1k a month with a wife that doesn’t work and a kid on 22 an hour
only with dijon ketchup
we’ll just eat more.
and we’ll be back to driving lambos when the market turns green in a couple of months
i'm already working at a dumpster behind wendy's
sir this is a wendy's
send me one ice cream machine and i will send it back to you doubled.
johnny harris did a cool video on this last year. it’s a legit conspiracy involving mcdonald’s as well where they actually make money off the machines being serviced too. it’s wild highly recommend the video.
not as broke as most of us on this sub
or repeatedly fluctuate between being a millionaire and broke within a week.
“no one knows shit about fuck haha funni”
the soup is bad because they are broke af and the only source of stock is some old potatoes. but soon they will learn to make vodka
both. fuel for lambos is expensive. plus i cannot afford the gas fees to get my usdc out of trust wallet.
thats a good retirement plan.
yeah, i meant locally (in colorado 100k isn’t gonna go as far as, say, north dakota) but you right
idk, it is just ironic and a humorous concept to me that someone would explicitly get a job for the purpose of funneling all of the income into an infinitely more risky chance at more money? it sounds like having two jobs, but one is a normal 9-5 to support the other. which happens to be a gambling addiction
>"crypto can play a role in your investment portfolio along with stocks, funds, etfs, etc." >"and it actually should once you have serious money. yeah my funds and stocks are down, but they’re down like 10% right now, not 50-60%." soooo, if someone has so little money to contribute toward crypto investments that op suggests they get a job to cover the cost, should they even be in crypto at all right now? that's where i'm confused.
you know, now that i think of it, i always wanted to be a backer.
name change does not change their being shit
lol. i’m pretty bearish on crypto in the near future (long term i like it) but i would consider -40% the past month as already in the bear market
what's the ideal amount to invest then to see life changing gains ?
what business did you own if you do not mind my askin?
true that. i am from a third world country and we are in the same boat.
what country is this?
i'm curious what country you live in. here in the us, it is quite a bit different. employers are dying to find people and every business you go to is seriously understaffed.
boomers do not get what the "real world" is like anymore. "just get a job." "just stop eating avocado toast and drinking coffee." "just make money to pay rent and pay off your small student loan of twenty thousand fucking dollars." its so easy, isnt it
probably a combination of factors: shitty job market allowing employers to be very selective, plus presumably trying to be selective as an applicant and knowingly or unknowingly being overly picky themselves, plus education working against them when employers decide op is “overqualified” and that they’ll quit as soon as something better comes along, or assuming they’ll ask for higher pay commensurate with op’s education. i’m not projecting on the op, their situation is no doubt different, but i was stuck in a similar situation trying to get back into firefighting after i separated from the marine corps (with a lot more education, experience, and certifications than small cities’ 500 other applicants), or wanting someone local despite my much more impressive résumé. i was inadvertently still being too picky and avoiding some undesirable locations as well, though.
easy to learn and much demand. i’d recommend w3schools.com
i wish i had the patience for this. used to be my dream when i was younger.
in the us it certainly is ^^
of course it is you have idiots going to private colleges that cost and then these are the people crying about college being a scam. no you scammed yourself
sorry, but after seeing a lot of your comments, things do not add up. you claim to be college educated in an extremely poor and uneducated country, which would make you one of the most qualified people in your country. then you say you've run your own business for years, which would make you even more qualified over the overwhelming majority of people in your country. unless there is literally no one working in your country, your stated qualifications would make you an almost guaranteed hire for any relevant position...yet you say you cannot even get a reply to a job application. sorry, but it just seems like typical reddit exaggeration .
where do you live? what is your major?
to be fair, if it was not for crypto they would have spent it on lotto tickets. saving money is a hard habit to establish when the environment you are in thiscourages it for a variety of reasons. from making too little money to unexpected cost to living beyond their financials means.
plenty in the forum i can guarantee will be 18-22, maybe working casual but not much that think they will become millionaires in a year from investing in coins with dogs on them
ive been doing this in stocks for about 20 years. it pays off in time.
i love stories like these.
blows my mind to see how much of ca was oil fields back then.
thats why you buy property that’s just slightly higher than sea level. not waterfront now, but it will be soon!
bought eth at 0.30 and sold at . still held some though… i’m not that guy that threw 7000 btc in the landfill at least :) edit: through versus threw oops
dumb people who bought early sold long ago
we are all early adopters here taking your example. 5~10 years am not nothing for an investment of this kind. don't compare a 70 years investment against a few years and say they are "early adopters". funny though.
get millions of views on videos with shilling and sponsorships included. add in a patreon. fastest way to become a millionaire in crypto, unless you're a billionaire.
i've had to teach this lesson a thousand times. if someone has an actual method for making millions of dollars in a system, they are sure as fuck not going to tell you nor are they going to make "educational videos" or courses for 59.99 a month. if they are selling courses and make millions a year, it from selling you the courses...
the thing is that even if you told your strategy to others, it would be fair to assume that 80-90% of them (maybe more) wouldn't actually follow it. of the ones that did execute, they may have varying levels of success, and even if the successful ones bite into your cut, you've already extracted value out of those who bought your secrets and (presumably) moved onto the next thing.
that’s where you’re wrong. the more people who follow the same strategy the more likely it will lead to the desired outcome. that’s how technical analysis works, if everyone buys the dip when it hits the 200 ma then the price has a better chance of going up.
dammit man, you're making me miss forums from 2 decades ago... holy hell. you're spot on about the lack of community on reddit, especially with a sub of 4m+ users.
yeah this is spot on. i wouldn’t even look at a reddit username when i reply to a comment, whereas i would notice it on a forum.
*spider-kid pointing at fellow spider-kid .gif*
"yo momma so overpriced, she is like icp ath"
there was ,000 lining the walls of the banana stand, michael!
there's lots of people resistant to change, and they might be right about crypto not working but it does not mean they actually understand anything, it is just a knee jerk reaction. once they have made it once, going back on that means admitting you are wrong, which people are loath to do. so doubling down is the natural strategy. lots of people think they are smart because they get paid well, but i know plenty of people who get paid well just because they are good a a specific skill (that does not require particularly high level thinking). get them off their area of specialization in a conversation and they look like a contestant on "are you smarter than a 4th grader".
people have their priorities wrong chasing the dragon, we all have times when we splash out more then the budget advises but if you do not live in secure accommodation you cant even afford the risk. i can live the smell of a oily rag and do not feel hunger until it is making me sneeze for whatever reason but rent is always paid if you do not have a space you cannot do shit not even make that space your own. some people have excessive expenses too, i probably pay 280 a month just between mobile
bear periods are when lambos are born. they grow up in bull markets.
400k is my retirement goal. its a 10 year plan. i could do it with half that though. i guess it just depends how long i can stand these 10 hour 6 days factory work before it kills me.
i'm not a crpyto guy, i came here from r. but you're comment can just be said about anything on this entire subreddit but here it is, thriving with tons of people. people enjoy doing it and believe in it and even if it is not the *best* thing to do, they have some reason for doing it and there really is not a point to argue that when you're on *their* sub.
how rich do you need to be to diversify your investments? last year i turned 4k into 53k. when i was in college, i would have loved to turn 400 into 5,300 or even 40 into 530. hell, i would have done better in college because i had more time and was better at statistics.
lizard man thinks he’s smart, but he’s lost his credibility
unfortunately there is not a number i can put that on, unless you get in early on something that x100s you need a substantial amount in your portfolio to experience huge gains that are "life changing' and even then that is subjective on whos life is being changed. for example; i would need to see 50k plus gains for it to be life changing. i am a young male mid 20s with a good job and income, life changing for me is being completely debt free where i can invest even more time and money into the crypto and stock sphere but for some people a 2k gain can change their life. what i am getting at initially is how echo-ie its been getting in here and you wont find people with massive portfolios really communicating in here as much as johnny who put 100 into shib and made 500. ' i do not think anything is wrong with that but it makes me think what this sub has become.
lol i’m 30y. i rent. my student debt was larger than 20k. it’s precisely because i understand the “real world” that i was able to give helpful advice. you, zailehoutarou, should try it instead of being a whiny little bitch.
those *are* interesting when you combine them with a more useful degree. or if you have already planned out a few paths for yourself and you know what you're doing. some people enjoy doing one or two minors in subjects they are actually interested in so they do not get bored of the monotony of the main thing they are studying (in order to make money). also, certain subjects were revolutionary when they first came out but are less significant now. gender studies was way more important back when most universities and colleges were full of men, but obviously they would still have very interesting topics today. to each their own when it comes to learning for fun. you should not be making fun of people for that. learning solely for money is a different beast.
thanks for the reassurance, will keep it up
nice work! the start is for sure the hardest part, from now on compound interest will slowly make you more and more money. it’s all about getting that ball to start rolling, and to never let it stop rolling.
stories like this make me wish my grandma had held onto the house they had in san francisco when she and my grandfather first got married.
btc is whatever you want it to be but at the end of the day its btc .
hey if it makes you feel any better, he did not get to enjoy any of that profit because he was dead, apparently.
it was everywhere! there’s still little pockets of pumps still going but even my mom remembers when, “this was all wasteland and pumps”
it was clear they were drying up… it wasn’t a massive oil deposit and was shallow. i believe by late 60s it was drying up and they said, “we gotta do something?! i know! build houses!”
so you're saying there is a chance my apartment in city center will have a sea view in the future?
u gotta rememeber as youtube shiller, you can pump alts, and sell the pumps so in addition youtubers can profit off their audience by riding the shills and pumps! so ,000 can turn to a huge amount fast...
no no, even a billionaire can because a millionaire when investing in crypto ;)
i agree with you there, kitchen masturbator.
bull market makes you money. bear market makes you rich.
400k you better not be living in the us.
i suppose it does not make sense to argue faulty logic if the people engaging in it are aware that it is the wrong move. i guess now i'm not sure why you're answering the question if you're not a crypto guy or a member of "their" sub, whatever that means
so ultimately between the op and the replies to me, you should not invest in crypto unless you have enough skin in the game for it to be worth it. or, someone should diversify any amount of money into crypto as an investment option because starting early is better. do i get a part-time job in order to funnel it all into crypto because i actually need money to make money, or do i just put however much i want into crypto despite how much i'm currently making? do you understand how this conversation makes no sense? the entire premise of op's post contains zero logic, the replies here are desperate pleas to convince people that crypto currency is a worthwhile investment opportunity, and when you put this purposefully-convoluted subject into simple terms the whole scam falls apart
i'm just here lurking ang gathering data once i've done my research extensively i will deactivate this profile and start focusing on other stuffs. for now i'm using this sub to get as a starting point for me. besides i'll be busy focusing on mining fiat to have life changing gains. i might get lucky someday that my investment will grow far beyond my expectations. thanks for your insights.
oh that sounds pretty sweet. any chance you might be able to do at least the food truck when things are better? i'd hate for it to be a permanent loss, sounds like you had a good thing goin and a lot of time and effort in it
> to each their own when it comes to learning for fun. when you're taking out massive amounts of loans, it is not "studying for fun". those people then scream about how taxpayers need to pay off their loans for them because they are unqualified for any job beyond fast food.
this is correct… it was passed from grandma, was taxed and thistributed amonget 13 relatives. don’t get wrong. it was an amazing treat, but i do wish they sold earlier and traveled until death.
center city philly? yes.
thanks! i'm great at anal...ogies!
"retirement", i will likely never get to stop working. when i turn 65 if there is still social security and food stamps, thats how i will live. i've been a minimalist most of my live. you might be surprised how little i could spend and get by. especially catching fish from my boat. so by retirement i just mean i can quit my factory job and go live on my boat.
i answered it because i had the answer to it lol. if i get asked a question like, "what's 1+1?" i do not decline to answer saying "sorry, i'm not a mathematician."
maybe people should just do what they want to with their money at whatever level they want to, and an investment is not all or nothing. i'm not contributing 100% of my paycheck to my ira, but i'm still planning for retirement. you set a level you are comfortable with and commit that. i did not realize this was rocket surgery.
"if you put more in than you take out, eventually your whole bucket will be full." - my grandfather. one of the only good things he ever said.
my man i hope you get that boat and sail away into that hella orange sunset
your answer was "they do not need a reason because this is their sub and their dumb idea" yeah, i'd wager a guess that you're not a mathematician with that "answer"...
it's not rocket surgery at all, but when i started to get replies to my comments on this post they almost shared the opposite sentiment as the original post itself. i guess, in a way, it is very indicative of the current crypto market and culture itself. everyone just wants to get rich and no one really knows how most of it works. the more you learn, the more you realize that bitcoin and ethereum now essentially exist to solve the problem they created, while attempting to solve the impossible human problem of greed. nfts were created because you cannot actually buy anything physical with crypto, and on top of being an unnecessary ecological nightmare, they are the most obvious ponzi scheme ever created. i love it
crap. sorry man :(
tl;dr: a few people, probably kids, do not understand money management and you revel in their misfortune.
if that is the tl;dr of the crypto subs it would really make sense. although i'd be willing to bet that it is far more than only a few people, and most are adults rather than kids. since you at least need an account tied to a bank in many caaes
at least meth is not as addictive as traditional crypto.
gotta be careful though, it’s very addictive. i bought some, had to buy more and more.
im surprised they could use forks
i do not know how to articulate just how good of an ending "crystal hands" was
the guys i've seen shilling meth must be dipping into their ramen funds because they are that bullish on it.
what's next, drugswap? add btc to the laboratory pool and farm meth
oh. i also heard my sister is making a fork too, it is named beth.
f for me. i literally didnt get the joke after i searched it up... sometimes im stupid
are you sure they weren’t talking about a spoon rather than a fork?
meth tou say? where can i get some of it? i assume this is a mainstream one, must be available at every street corner
btw it’s not mined, it’s cooked
that’s megaethereum, hodling bags💰💎
i have heard of it too. one guy said he did not sleep for three whole days after buying some. it must be big, imagine watching a chart that intensely you do not even sleep...
why am i awake at 4 a.m. reading about this?
i hear this one guy called heisenburg holds most of the supply.
holy shit i took this seriously for like a solid minute before i realised
now this is the type of content i came to this sub for
meth is the shit. buy high, lay low is my strategy.
very nice! waiting for the meth miners to get in the game :-)
last time i heard a post like this, i was doing my jailtime
i hear people get so bullish on meth that they sell all their possessions for it.
took me way too long to get the joke lmao. was literally about to look up meth to see what it was
damn i’m waiting. now that i think about it, can you smoke meth
meth. not even once.
i heard of some poor guy who lost all his eth fork to a girl. he told me she took his breth away.
the gass fees for the meth are through the roof. i heard almost 100% gets burned during usage. it's insane, hodling is almost impossible because of high demand.
wow this was very well thought out, touché touché
you can convert your meths to deth via lifeswap! whales hate that simple trick.
y’all got any more of that meth?
meth makes you jumpy, exhausted and paranoid... as does crypto!
hmm, and my posts get removed...
jail water cooler gossip is the best base for lambo-gains. this is known.
do you stake meth or cook it ?
top crypto that wil ruin your life!
ahhh the memes are coming back...ohh ...meme market is the best market.
wrong flair - should be comedy ;)
meth is a gateway drug to heavy stuff like crypto.
you cannot just *try investing* in meth. one hit, then next thing you know, you're eating ramen for the next 3 years... meth, not even once.
i do not know man. meth community seems little... different for my taste. i also heard there is a lot of folk already in inner circle and trading can be pretty brutal, but good luck if you try it.
comethy everywhere on this sub
and you thought crypto was addictive
i will buy meth and literally burn it
serious question: how many dicks do you gotta suck before you can stake your meth?
this whole post is about the comments on another post a few days ago. keep the moon farming up i guess.
meth burns all their tokens, keeping supply low.
for the record, i have never dipped my fingers into meth, but i do hold a substantial amount of dmt
careful, it is a gateway crypto
you won the internet tonigh
this is the best shit i've seen on here
heard the dev is doxxed and called heisenberg
wait until you hear about ethanol.
last i heard, the blue chain of the token was developed by an individual who holds more than 90% of the shares. goes by the name walter whitoshi? not sure.
my neighbour mined meth and went to jail. weird
everybody gangsta until heisenberg starts trading meth
dude, this should be tagged as comedy. you almost had me buying meth.
why did i need a second to understand it xd. they also are bullish on cocoine or something like that.
i love eth ...do you mate?
def one of the hardest forks out there.
took me longer to get it than it should have
congratulations for being one of the genuinely funny posts i've seen here, props to you my friend.
got a chuckle out of me xd. here's an up vote for you
i heard people are gonna shank each other for ada
this is metha content.
doesent matter what kind of meth it is: you will be staring at your computer screen for hours on hours on hours
is it going to be crystal meth eventually?
is meth switching to cardano?
shouldn’t this post have comedy flair? does it really matters which flair you choose while posting?
meth to the moon!!
new blockchain focused on writing shitty comedy movies, called seth
i think i'll be losing sleep over this one
vitalik is probably in on it
you have convinced me - im going all in 🚀🚀🚀
when walter white & jesse p making breakthrough on mining cripto currency using school computers well electrical bill going to off chart
i feel stupid for reading the whole story with it as "m-ethereum"... took me a while to realise.
so what's the method to mine it ?
that's some quality shitposting ngl
high quality content right here!!!
water white been working so hard, finally his vision is seeing adoption.
i heard that meth has a staking contract that pays in deth sometimes.
where they gonna get high , buy high ?
get me some of the meth!
yeah i've heard about it too and i've heard about 2 guys who mine meth... one is named heisenberg i guess and other is named jesse as far as i remember... heard they mine 99.6% pure meth
i like alternative projects but not going to buy that shitcoin 🤯
dude, doing insider trading like this? i thought you were better than this man. you're breaking bad
i can feel my teeth grinding as i want to buy more meth
this is one of the funnier things i have seen this week.
so how do we feel today?
hahahahahaha this was legit funny. specially because it took me 1min after reading it to understand.
i would award you so hard if i legit had any awards
i’ve never heard of financial advice coming from county jail. that’s a new one. well, legal advice anyway.
now this is the content we need on this sub! thanks for the laugh😂
this is some quality content
please dont buy the forked token geth. if you do you're a unit and have no soul.
good one. commenting for visibility
i have also heard meth is more addictive than looking at the charts.
i must be missing something because this alone is not funny.
flair as comedy. downvoted.
keth: mike tyson wants a kiss
damn i wish i could smoke (m)eth
and these guys where the founders , and by any chance one of the guys was you talking in your head ?
i remember hearing a seth from jail, but that was definitely a spoon
by the way guys, if you haven’t noticed yet, it’s called meth and it’s your next chance to halve your investment if not beyond that!
i hope that meth is not digital.
dude its not april 1st... unless of course you overheard this on april 1st in county jail...?!?!
guys i just found out you can stake your earnings from meth into csp (child support payments)
i also heard they made a whole tv show about it called breaking bad. it's not trading on binance though
call it “crypto coke” -attar
you heard of ethereum max? yes i thought it was a joke too. didn’t look into it, and what do i see yesterday? already at 1b market cap, wtf is going on at the moment. some parabolic moves are just crazy.
xd edit: two lines in edit edit: clarification! and that was my reaction edit edit edit: meth is not funny.
have y'all tried cocoine?
omg i got the joke just due to seeing your comment
time to make adderall coin!. holders will be constantly notified of the prices every minute on their wallets!
you have some meth? ![gif](emoteemo_pack_1dancing_wojak) ![gif](giphyvhp6s6btjbn9alpngs)
the meth guys have it better than us. 😔
literally only started with crypto this week and it is all i can think about. 'i need to find more money to buy ada, i have to buy more eth, how much is xml right now, is btc worth it? will it reach 100k this year?' just some of the things running through my head past few days. literally woke up thinking about ada. in 3 days, i've filled my kitchen whiteboard with prices and notes, my notes on my phone full of buzzwords, definitions and explanations as well as keeping track of what i want to do in the market. bought my first coins in ada, xml and xrp. prepared to hold for 5+ years while i continually add to it. considering buying few million shiba coins, if it raises from 5 zeroes to 2-3, that is good profit.
both seem to be contributing to a lack of sleep among users
some dude started mining blue meth. they call him heisenberg
if you looked up what "the cherry on top" meant it would jus be the last sentence of this post
that reminded me of my first ti83 game!
thought it was a spoon?
i heard the creater of family guy is making a fork too. it's named seth.
beth is already an eth coin lol
i thought one person in that story was in jail for hacking beth.
didn't get the joke until i read this comment. then, it clicked like ohhhh
damn. that's a missed opportunity right there
they’re feeling like they’re on the moon when they take the spoon
i heard the blockchain cartel have a big stake in it.
you can mine it yourself, just do a search for “shake and backe meth”.
cause jesus loves you! or...cause jesus really does not.
it took me way too long to be honest
i was looking for “comedy” tag
before you consider getting deth try meth it might change your outlook in life!
*shakes your hand and a single tear drops in appreciation for your appreciation*
fun fact: if you have enough meth, you can convert them to deth. did you know that?
well did your block like it or nah???
i've heard of people literally selling themselves for it. wild.
goth me too, well done lol
try butane. burns a lot faster and hotter than gas when swapping meth for high
i just hear a recording of monks doing "ohhhhmmmmm" but at like 10x speed
no idea. post that beautiful crypto goodness here though!
you can set up your own grill and steak them, might need to burn some tokens tho
memes will find a way...
the strategy flair makes it 10x better
op does not want to lose 90% of the possible moons from this post.
you can also convert them into deth
depends where you stake it. antonio requires at least 15g (15 gigs of key worth) but craig charges 17. fuck craig though
can you link that post? i never saw a meth joke before, but i also know that it had to have been played a bunch before i even got into the game. sang it again
if you are too much into meth i also recommend you deth.
this. is. the. way.
well this was my first bs post. but now i realize my true path in life. to have one really funny post then slowly fail more and more until i realize it was a fluke. then acting classes and 6 months of improv later i have the confidence to make a new post. but before the likes even have a chance, craig, a 9 year old asshole, starts shittalking it. doesn't help that in my excitement i made a typo. long story short...i wind up picking scabs off homeless people and eating them like a hobo monkey. we've all.been there.
lmao. a few walter white jokes already but you own walter whitoshi
lmao i almost did but i could not do it. mnahhhh lmao
you have no idea what that means to me. i feel like a scorpion among crickets
that's what you get from compound when you lend your meth: cmeth
cmeth are staking rewards.
meth is no joke sir. its the new
losing sleep is a meth user requirement!
whaaaa? *laughs nervously* "vi who? naaaaahhhhh"
*bill nye with red eyes" science bitch!
if i would buy btc with the money i spend for
it's late. no worries, this is crypto's."wtf is even happening?" time
all about burning tokens!
it's hard finding a balance to make it realistic yet clearly satire. appreciate the appreciation!
your love is the only award i want. now love me. tell me you love me!!!
the market is crazy in there now. ada is only worth half a pack of ramen noodles now!
i appreciate your appreciation!
i aim to please oh great prince of dome
meth is code for math. like geometry and calculus. the lab.
noooooooooooooooooooooooo. it's like "the room" or "birdemic". calling it comedy takes away the comedy. also, you got a nice butt. probably. i dunno.
hahaha awesome. just floppy thisks filled with ada
i got a guy but you are not gunna like his payment plans.
brings back bad memories. was up 700% on the shotcoin then got rug pulled
underrated pun right here
when you don’t have enough fiat to buy crypto, cocoine strategy is also one of the best fixes. ![gif](emoteemo_pack_1dancing_wojak) ![gif](giphyq5kz6xldjhpia)
cocaine is a hell of a drug.
tell me about it...
apparently it forked and formed linecoin. fuck nose.
yep i was during the 2017 bull run. it helped me turn 1000 in 18k but also boosted my ego so much i refused to take profits and ended up losing everything and selling for pennies because my life also happened to crash in 2018.
hahaha it is late. nobody but three aussies and a koala are still thinking properly
this is the level of insight i come to reddit to see
why would holders need an update every minute capable of checking every 5-10 seconds?
"i'll suck yo' d'app!"
we have some cocoine...
i spooned your sister last night. that counts?
oh my sister finished it already! that was fast.
yeah it is binance's version of ethereum. the way you get it is you stake your eth and binance creates beth with it which is worth 10% less. was about to buy some but went with getting someone to kick me in the nuts instead
you’ll get em next time
seems weak they do not have diamond hands, they have crystal hands.
it will definitely change the look of charts, instead of watching the charts every 5 minute, you’ll do it every minute or even less thanks to meth! ![gif](emoteemo_pack_1dancing_wojak)
the man the myth the legend, op.
my dad says butane is a bastard gas
my bad #*eating meth
agreed, fuck craig. angela charges twenty in the front. fitty in the rear. seems reasonable.
nah. this is a real token with a real product. thing is, the product itself is way more popular than the token.
i fucking love you you sketchy insider ❤️
you should have flaired it is as comedy instead of strategy
hey, that’s me! ![gif](emoteemo_pack_1dancing_wojak)
i heard that if i too much into meth and cocoine, i can convert them into deth via lifeswap. is this true?
what is your addy addy so i can send you some?
do you know where i can geth some meth instead of eth for my wifey beth and her boyfriend seth? so i can forgeth on how to breth?
should be since i forked her.
not as fast as i finished :)
instead of stake, you’ve got nutcrack. still counts tho. ![gif](emoteemo_pack_1im_fine)
do you know where can i convert my meths into deths?
the man the meth the legend
"sketchy insider" great name for a band. "sketch he...inside her" giggity
labelling it as comedy would remove much of the comedic value though.
depends if you have a sodium allergy...
yes, that is true. or if you hold them for too long.
i was already finished when i read meth
does this look pegged to you? [ actually it does look a lot like getting pegged...
[ i'm just going off the first line of binance's own description of the coin. usdt cannot even stay pegged perfectly to .00 so i do not expect beth to be immaculate either tbh.
cool i’ll just explain that to my bank manager when i’m short on my wife’s boyfriend’s monthly car payment, i’m sure he’ll understand
now do not tell this to elon!
but will their gas prices remain through the roof?
when will this happen?
i cant wait for these updates, i was in doubt before but i believe eth could take the number one spot
i am fucking bullish on eth
great news for the environment and for us gamers. can't wait to be able to get a graphics card.
forward this to the richest karen in the world please.
so cool. if you hodl eth, do you need to do anything through the transition?
just waiting for the flippening to happen. pretty tired of seeing eth being tied to btc.
having my eth staked now makes me feel so happy! i care much less about price action (even though it’s been sublime the past month) and feel like i’m contributing to the transition to eth2, because i am! as a 2017 hodler, eth is definitely my favorite asset these days. can’t wait to see 2.0
probably one of the most important developments in all of crypto since eth first started.
how will that impact the fees?
may the bull run last as long as my ethrection. i may need to see a doctor. bullish af🚀🚀🚀
in other words, take out a ,000 loan and put it into eth? done.
but concerned, won’t proof of stake eventually create an environment where the major shareholders control the network which is contrary to the initial goal of cryptocurrency in the first place???
can you please let the price dip before posting this great news for us poor peeps please? thanks
ada holder here. just stopping by to say that i’m excited for all the eth holders. clearly a bright future for both coins.
huh, not nearly as big a drop as i thought.
what will this do to polygon matic?
eth 2.0 is gonna flip the market, no doubt. we are all lucky to be aware of this and accumulate at this stage.
if they can manage this merge correctly because it would not be easy...there is a good chance they screw this thing so bad they have to do a rollback or another hard fork. so in the market we end up with ethereum classic, ethereum 1 and ethereum 2.0 lol
i feel all this talk about energy consumption is a net negative for crypto. ever since grimes' husband trolled about bitcoin consumption, i've been seeing a lot of stories with these angles. and it is great that developers are coming up with ways to reduce energy consumption, but in the average person's mind now, they will associate crypto with being "bad for the environment." and that is dumb because there are so many more things that take up waaaaaaay more energy than crypto.
i wonder if this means the gpu market will be flooded with them as less people will use mining rigs or if the miners will just switch to another coin.
i’m kind of an idiot, can someone explain what happens to my 1 eth once eth 2.0 takes over
is there room in the crypto space for eth and ada?
swapped all btc to eth in january. its my biggest holding. can't wait to see where this goes!
one reason out of many why i'm holding onto my eth!
this non environmental narrative is so ridiculous and annoying. let’s not play into it.
you love to see it. while i get that not everyone is happy with pos (richer get richer) it is needed to make crypto enviromental friendly. besides mining was becoming more centralised every day. there is just no different proven solution viable. this helps with rewarding people for having skin in the game so to speak.
keep this post away from elon ![gif](emoteemo_pack_1nooo)
doesn't proof of stake essentially force all the eth into fewer and fewer hands?
\> as a sanity check, this implies that the average home-staker runs 5.4 validators which seems like a reasonable estimate to me. seems high to me, but maybe i'm wrong! i'd expect the average home-staker to be running close to an average of one validator...
genuine question: do we know this for a fact, or is it based on simulations? i’m sure there was a lot of testing involved but i’m worried that, like just about everything else, tests go better than the real thing
really excited by the direction they and cardano are going
would not it be reduced to 100% less energy because there will be no more mining? i guess theres still powering the computers, honestly i have no idea how pos works
energy requirements still way higher than algorand
won’t this still be more energy than stellar, ada, or xrp? seems like price will be come the next factor, and so on, and so on...
i’m still new to eth and crypto, what is the difference between purchasing eth through a wallet like blockfi, coinbase, voyager, and what is proof of stake?
this is fantastic news.
a virtuous circle if i ever heard
what's the tradeoff in terms of securing the network? i know btc advocates point to the energy requirement as a de facto benefit in terms of securing the network from malicious actors. follow-up questions: if, as i suspect to hear from eth enthusiasts, the security of the network is not compromised (or is even claimed to be enhanced), is this then a possibility for btc as well? why or why not, technically speaking? why or why not, pragmatically speaking?
there is the beauty of pos
my tits are jacked
hurrryyy i am impatient
i look forward to the new fud. btc boils the oceans really took off when tether got sued it was revealed that they *weren't* pulling usdt out of their ass with no backing in anything.
put a date on it or gtfo
eth up to 50k! when up to eth 2.0
pos also makes it much less decentralized -
i knew some dumb shit like this would happen to tank it and then prompt it. they just want cheap coins.
god damn! super bullish on eth!
eth coming through with the dub
why is it tanking? holy shit.
can someone explain to a newbie, will this mean ppl will have to sell the old eth coins and buy the new pos eth coins?
i am not expert but it feels like pow is such an outdated approach now. very good to hear those positive news about 2.0... just need to wait now.
it also becomes centralized!
and will be 99.95% more centralized.
so eth is estimated to use 0.035 kwh per transaction, that is still ~315x more than nano, and ~31818x more than iota. it's a major step ahead for eth, but it is still far behind dag power consumption.
first off: this is amazing for ethereum and the planet as well. second: elon has probably influenced this press release since eth devs probably think it is important for people to understand. what's weird is that intelligent people generally do not take stances on issues that they are not knowledgeable about. elon is very intelligent. this makes me believe he is either being pressured to shit on btc or is manipulating the market on purpose. his entire argument was just factually incorrect. many other people have already debunked him, so i'm not going to bother with that but i think it is very odd that he is taking a stance on something he is not to informed about.
does that mean ethereum will be 99.95% less secure
the security is worse because it centralizes all the voting power to the top 1% of holders. no different from our current fiat system. pow is the only true decentralized, secure system.
we won’t know for sure until it happens, it might work it might not, don’t yell hey before it’s all in place
first sentence is a fragment that i don’t understand.
if only pos did not give room for more centralization... up to my understanding at least
why is eth falling while nobody is selling it? i am a noob so please explain
yes, yes, yes... but 2.0 when?
pow > pos if you want to change the world for the better. that's why bitcoin will always be .
work to secure the ledger has always to be done, in case of pos it will be moved somewhere else. pow is the most transparent and efficient way.
> under proof-of-stake, when the price of eth increases, the security of the network does too (the value of the eth at-stake is worth more) i personally believe this has some logical errors. the security of a network is dependent on it is decentralized hashrate and the more expensive it becomes to stake 32 eth, the more centralized the staking becomes compared to a system where anyone with a graphics card can contribute to the security
brighter days are ahead. i'm not an elon musk fan, but i think he knows what he is doing. guiding the market to move towards efficiency will solidify cryptocurrency as a legitimate form of money.
yeah but its still ridiculously high. for instance minting one nft on the eth network can use up to 8.7 megawatt hours of energy. ada for instance only uses 6 gigawatt hours of energy annually to power its entire network. meaning the entire cardona network runs on the amount of energy it would take to mint around 700 nfts. eths estimated power consumption at the moment is around 49.5 terawatts or 49500 gigawatts. meaning at a 99.95% reduction eth would still require around 4x the power ada does. eth power consumption has also gone up 5x since around october. this is why i thistrust eth. we get these nice forward looking statements but after things have already spiked. fees promised to be reduced 90% by the time eth 2.0 is out. problem is gas is reaching an all time high. last i checked it was around . if they would released that statement when gas was still around . promising a 90% reduction after a 9x spike is basically meaningless. it would literally just reduce gas prices to where they were a couple months ago.
algorand is already using 0% energy on net basis and it has smart contacts and nfts. why the wait?
it sure is efficient to rely on centralization
can't wait for this to happen. i can finally transfer stuff out without feeling shitty about paying gas. then again, that means i would also need to find an alternative coin to mine lol
how much of the current value of eth is tied to miner rewards? is anyone at all concerned that the value could fall drastically once miners are not a thing anymore, especially with no cap on supply? for pow coins, the incentive for mining is a rising value. especially on a coin that has a limited supply. i'm just having a hard time wrapping my head around it.
is there an estimated date where the his is supposed to happen?
does this have any effect on polygon?
what are your price estimates for etherium in the near future? i bought in around 3650 and am about to average down to 3450 pretty scared wish i just waited a little.
over a long enough period of time the group who controls 50+1% of the supply will outgrow the rest of the stakers, because they will increase their wealth with accelerating speed. **how does ethereums new pos system solve the "rich get richer" problem?**
it's promising, but elon musk prefers dogecoin anyway last time i checked ... lol
ethereum will absolutely overcome btc in terms of function, popularity, and value of the crypto (i.e.,.ether). bitcoin is analogous to owning a piece of property that cannot be developed, ether is analogous to owning that property and also being able to develop whatever type of infrastructure you want on that property.
meanwhile amongst the bitcoin maxis: pos is not secure. who is right? will eth crash and burn, or is btc just a dinosaur refusing to adapt?
the more i read things like this, the less likely i am to buy or use crypto. i have no idea how that works...sounds very hackable
100% less energy and 100% more pwnable
good for them. they still would not be able to scale properly. people who still have faith in eth are going to be so wrecked in the next few months. cardano is the eth killer. laugh at me now but the writing is on the wall. ethereum will only be able to scale 100k transactions per second, but that is not guaranteed and it is not happening any time soon. maybe 2-3 years. cardona's hydra has already been proven in simulations to be able to handle as much as 1 million transactions per second. update: all you little sad people downvoting this don’t understand the hurt that’s coming for you.
it's finally catching up to ada in this department
i enjoy seeing all the promises eth makes, then i look at their track record.
cool is it decentralized now as well?
thus solidifing a decrease in security and decentralization.
this is bad for ethrreum
it will drop power consumption by 0%. unless you suggest the ethereum security level will drop by 99.95%. i explain to newcomers in cryptocurrencies that a monetary network based on a thistributed ledger is secured solely by economic incentives. in terms of energy consumption, mining is fully equivalent to securing your network by investing capital and receiving a return on that capital. because the production of everything we spend money on is very energy intensive in today's highly developed civilization. of course, you can always find an exception that proves the rule... the feeless nano network can be characterized by the lack of energy consumption, but only assuming specific conditions. because you would need to assume that the nano price will never increase (the idea of the incentives source that makes the honest behavior of the validators rational is the assumption that nano price will increase). if we want to be precise for ethereum: after its switching to pos, the energy consumption needed to secure this network will most likely increase overall and decrease per transaction.
does this mean the gas fees will drop 99.95% as well?
it’s certain that elon musk is manipulating the crypto markets , he tried to do so in stocks and got sued by sec —- there’s no regulation as such in crypto so this guy is reaping billions from crypto to support his pet projects. he has no care for the humanity or the lesser man who get burned by his money cooking schemes.
will this effect has fees at all?
it could have 0% emissions and elon would fud the shit out of it
i wish vitalik and eth dev team a bug free day.
is ethereum 2 a fork?
will that be enough for crying baby elon?
will gas fees drop?
so will this be the same as the regular ethereum i’m in invested in at the moment ?
quick q: how will eth2.0 work for current holders of eth? is it a completely different coin? does all eth just turn into eth2? do holders of eth get an equal amount of eth2?
really excited for this. i've wanted to put money into crypto for awhile, but the energy costs were untenable for me.
i’m ape brain. can someone explain in simple terms what this means?
"but the energy requirements remain unchanged." just like my bullish sentiment remains unchanged.
waiting for that 2.0!!!
to the moon economically!
is it possible that bitcoin will ever do something similar?
any chance bitcoin will ever be able to reduce its energy usage by a bunch?
i was planning on taking a portion of my fiat and putting into different bags every month, but this just tempts me to put it all into eth until 2.0 is out. am i being stupid?
>ethereum will be completing the transition to proof-of-stake in the upcoming months, i thought it was 2 years. isn't pow still around until phase 2? all these timelines are confusing and seemingly contradictory when none of them show the full picture, or i have not found the right infographic about it.
what’s the timing for this?
so would this be a good opportunity to buy?
when will this take affect?
that sounds very bullish mate
is this an achievement? in 2021?
i started off like an idiot on robinhood and have about 10 eth still on robinhood, anyone know about how robinhood is handling the merge?
this could be a dumb question but what happens to all the massive ether farms after the network switches?
will eth staking still lock your funds for a year minimum on eth 2.0, because cardano staking is fully liquid?
can someone explain the differences in security between pow and pos? i saw a comment somewhere saying that the security is not as tight with proof of stake. i have no idea and can’t find a concise answer
i know people here will hate this question, but: will eth2 mean lower fees for buying? a bnb bep-20 swap is like , while an eth erc-20 one is like -.
so what's it like having to lock in 32eth and risk losing it if bad things happen?
the amount of salt in this sub towards elon is hilarious lol
excellent news, this is the development that crypto needs.
i know they have evolved different goals but if bitcoin does not change soon it will suffer the same fate as many first movers. if you do not compete against yourself; someone else will.
i'm balls deep. . the wife asked me about the bitcoin price. dip dip dip
cc twitter billionaire !
i don’t want elon to even touch eth!
so when is this actually happening? it's been spoken about for ages, whilst other networks like stellar and algorand already have working pos blockchains... talk about hype.
ok so does that finally negate the eth fees when trading on swap exchanges?!!?
it’s actually pretty ridiculous that this needs to be explained. ethereum has been at it a while now and nobody’s talking about that
neo already does this and has been doing this for years.
so tesla now accepting eth?
too bad this doesn’t fix the consolidation.
when is this supposed to happen?
pos is going to be the future whether we like it or not. i’m a miner and this shit sucks. i don’t have 32 eth to stake for a node nor do i want to lose internet and get slashed. all ethereum devs want is to make more money!
bulllllllish my friends! hope everyone is having an amazing tuesday!
and further more i do not believe that gas fees will be reduced. what node runners are not going to be rewarded for eth transactions? other than big centralized companies like binance and coinbase doing the staking for you if you’re and average joe you’re out of the game.
great news for the lamb
elon - ‘but doge!?!??!?’
how cheap well ethereum transactions be once everything is converted over to pos? will it be like doing a dash transaction?
i honestly have a lot of faith in ethereum, i know a lot of people do not and are sick of gas but i honestly do not mind and do not mind waiting. to me it is almost reassuring, you know when it is finally done and here it is going to be a well tested, stable product.
okay maybe im dumb and behind but eth is switching to proof of stake
eth 2.0 is already here. look at the alternatives (polygon, loopring, omg, etc.). you already have a taste. this is the future!
so there won’t be anymore etherium?
this might be a stupid question, but when eth 2.0 comes out, will that create a fork and there will be both eth 2.0 and regular eth? and if so, how will regular eth retain its value?
how will it all take place? will there be any need to manually convert old eth to new eth? apologies i've not been keeping up
when is this happening. looking for a date to be exact.
in b4 a massive wailing can be heard, the gnashing of the teeth of energy providers as gpus are temporarily switched off for the first time in years. and then the gnashing of the teeth of gpu miners of other coins, as the hoarde descends upon them. weeeeeeeeeeeee
get that up elon ya dawg cunt
how much will circulating supply increase when 2.0 is released? and how does that impact eths projected max price?
half is still alot.
so why has the price dropped then? just fishy shit going on all over the place. reddit has become so corporate, my general rule of thumb is nobody gives a fuck to make you money. just if you're seeing an ad to buy ethereum, well yeah.
now, this is the messaging that will draw investors back in. no one gaf if you hate rich people like elon, which is ironic given that were all here to get obscenely wealthy. and in fact the more you attack the messenger, the more people you drive away. but focus on solutions, and the truth about where eth is headed and other currencies are headed? like bees to a flower patch.
so what will happen to all the layer 2 applications like matic?
how does remain unchanged equal 99.95% less?
so ethereum uses 1000s of times more energy all this time???!
when can we stake tho??
when will it cost less than 30 dollars to move 100 dollars if it though?
yes, let the good old boys club begin. lord of the flys voting to begin soon after. you'll find human greed to be the real weakness of pos.
if they could fix the effin highway robbery gas fees
hey i know let us start off with a decentralized every thing then when it has problems tell people the only solution is to have it owned by a few big ppl. making it more or less centralized. imagine paying .01 fee for every dollar spent on a trade or on crypto not alot but when when you add millions of people and millions of trades... i just dont get why we pay so much to people who already make millions. crypto would be cool if it was actually decentralized. like you cannot own x % percent of a supply etc. one day we will have the ability to trade our crypto back to usd and it be .97.
lmk when the gas prices come down. thx
so racks of high-end video game cards are gonna stop using as much electricity?
but could someone tell me why eth would have its price increase in a pos environment? because right now the largest entities hold a majority of eth so it would not be a mass of people buying eth to stake it for pos. so wheres the price movement going to come from?
sooo i'm new at this... if i own eth now, does that mean i'll have eth 2.0 or whatever?!
fucking better. tired of paying .
this right here is good news.
as someone who mines with renewable energy: fuck you
good time to buy?
will this have any correlation with etc?
seriously , can’t wait
idk what the fuck this means but can i get a gpu at a humane price post merge?
ok so when is this supposed to happen though? we've been hearing about this for years...by the time it is actually ready there will be new and better technology available (which there almost already is).
can someone eli5? i recently bought some eth as first timer. and don’t know much about it
but will the gas be 99.9% cheaper? lol
so i have a noob question about this. if the power for proof of work is going to drop by over 99% doesn’t that mean it’s going to be easier to mine a single coin? to the best of my understanding, power consumption comes from the compute time it takes to create a single coin. how can you have less power consumption without making the coins easier to create? or am i just looking at this from the wrong angle and that’s the point?
vitarin buterik: "less is more"
won’t care until it actually happens. pos has been ‘coming’ for years now.
how will this affect decentralization? because, as blockchain is made more centralized, it becomes more efficient. if you go all the way and make it fully centralized (no blockchain at this point), it becomes as efficient as traditional computing.
it's really a remarkable document, and if the energy consumption declines this much, it changes how the institutional -corporate world deals with money. almost everything is going to come with climate-change , and dirty-coal bitcoin has been a bigger impediment than most of us think, as personal traders. make this tiny fraction of bitcoin energy use come off solar , and you've got a green currency that will be widely approved and adopted for institutional use.
i do not believe numbers when they pass 90%
there you go elon. more questions?
we will see how big focus retention eth will have after pos merge. once all the miners will move away to something different large chunk of users will be lost. what is majority of crypto traffic on certain coins is generated by miners :) and we will learn miners are vital point of decentralized network? it will be interesting to see what will happen with eth post merge.
buying into the elon fud
i'm a uk based eth hodler, how do i stake mine? doesn't look like coinbase support it for the uk yet
how do eth investors feel about the infinite supply? one of the draws to btc for me was that there is only going to be 21 million coins ever made.
cool, higher gas fees.
for a noob, does this mean rn would be a good time to buy eth?
um anyone know why it’s droppin so much? :s
will it go back up 99.95%? 🤣 just kidding, we know it will! maybe even 500% and even 1000%
and yet it is down 30%
he was paid by robinhood to pump it, doesnt take oprah winfrey to give it away
potluck protocol just added a shib farm and pool. might be the only one on bsc so far.
despite the red today potluck protocol is still my next moonshot.
stablecoins are now rising. market volatility is a good sign, because if there is an immense amount of money to be made, then there is an **interest** in maintaining value.
im still bot convinced that pos is as secure as pow
matic will solve all this and more.
does this mean that the price of eth will go up? because i have a majority xrp wallet and it’s traded sideways for waaay too long now. so i’ll make the shift if this news means eth will be more in demand
you guys think cardano takes some of that spotlight? they’re most likely going to get those same results a full year faster. disclaimer: i own both.
when is the positive ethereum tweet coming from lord elon?
ahh, i see other coins are realizing nano poses a massive threat so they’re adopting features to make them more like nano. makes we wanna buy more nano
\*sigh\* why cannot we just use wax instead? already proof of stake, virtually feeless, huge nft ecosystem, lots of dapps. oh, and it is currently at like .16 per token.
ethereum’s only way is up. noone can deny it
eth is gonna be the new btc. sooner you realise, the wiser will be your decision.
heard some doom & gloom recently about the future of ethereum mining. i'm a crypto noob looking for some possible passive income and i'd love to get my feet wet in mining. however, as i've done with real estate, i want to research the crap out of it so i understand most of the risks involved before spending a single penny on a rig. my question is this: is ethereum mining on its way out due to upcoming changes, or is that just fud? (it was a voskcoin video talking about it, and that guy's been neck deep in crypto for years; i'm inclined to trust what he has to say, but i know better than to put all my money on singular sources of information.)
shame, not like eth to go down. i am sure, they will fix that energy problem. even if it means coal fuled mining~
seen a diamondhands crypto it just debuted i’m buying and started a sub reddit called diamondhandscrypto. hope this moons 😭😭😭 i want to be like those shibu inu millionaires meme cryptos are the future.
it's still funny that people who generally do not even care about energy usage fixate on it when it comes to crypto. but if we actually looked at the energy usage into particularly single use products then maybe people would stop making stupid jokes about plastic straws and bottles.
nobody gives a shit about energy usage. money is time and energy. you can’t print money without putting in time and work (energy).
that's it? to anyone that knows anything lol!
hey musky i'm ready for that pump! eth 5x will be enough don't want to get greedy you know
i crunched some numbers. i might have got something wrong but feel free to proof my work
one thing elon doesn’t understand is that crypto is evolving, and i stead of shunning crypto, he should push for cleaner energy in the space (even though it’s already moving in that direction). great news for eth that can help fix the energy narrative
yeah but it is still centralized lol
this is probably a dumb question, but what'll happen to the eth i have when the merge happens?
what do i do with my eth to get eth 2.0?
will this effect ethereum classic?
what’s this mean for the high fees of etherum?
elon going to pump etc to fight eth 😀
yes, but when is merge???
they need to go with algorithms like proof of space or consensus
elon has yet to thiscovered the whole block size debate. it's gonna blow his mind when he thiscovers that the scaling problem is not as easy 100x ing some variables in doge.
elon’s recent actions with crypto have shown one of two things: 1) either he is extremely short sighted and does not do his own research before playing with billions of dollars (highly unlikely). 2) or he’s fucking around with crypto and people’s money just because he can (since nobody can arrest him for manipulating crypto) and making some money and getting some thrills while doing it. either ways, i’m done with all this elon hype and i don’t think anyone serious in crypto should be taking him seriously anytime soon. lost his credibility in my eyes (in crypto at least).
i agree let us keep this under radar. last thing we want is elon to jump into eth. vitalik is our man! he’ll get us there.
i thought his tweet a few days ago was alluding to this. he probably loaded up on it
everyone checked this thread looking for your comment
elon be like “we we have made the decision to blacklist ethereum traders from purchasing tesla’s because they use prisoners of war (pow) in their current mining structure.”
i'm not sure elon is as clever as elon thinks he is...
elon knows nothing about crypto. hopefully he will be busy with the 500 million short on tesla.
what can i tell him to pump up eth?
defeats the whole purpose of a crypto when one person can control what happens to it by their sentiment...
elon have no interests in the decentralized market. also he has no clue on how a blockchain works. so even if you tell elon he probably wouldn't understand and will still prefer doge...
elon is a big dummy who hires people to solve problems for him
don't tell this to peon? sorry, my hearing is not great.
don't need, the guy is a buffon. he only sees memes
or do tell it to elon.
as if he does not know, he is just not chosen to say anything because it wont suit him to do so at the moment
elon has deep routes within stellar. he already knows what he needs to know.
we definitely do not need elon fucking up eth. i wish he would just go to mars and never come back.
you really think elon cares about the environment? he's trying to leave. also i do not think those rockets are running on electricity...
elon is every bond villain rolled into one ... change my mind
or (now hear me on this): 1. invest now while it’s down 2. then be the one to tell elon 3.watch the price jump 4. sell at 10k high
fuck elon. don’t tell that narcissist shit.
he does not actually care. he just wants attention.
elon only manipulates for dogecoin
elons hate this one weird trick
tell elon btc is, as of this morning, 30% more energy efficient.
rockets burning rocketfuel are really good for the environment
you guys are dumb. why do you post shit that can be factually checked on in 5 minutes?
in the long term not. in the short term sadly yes.
million dollar question. “sometime in 2021.” speculation is july
i've been buying eth like crazy ever since this dip started, cause i know it will explode once 2.0 sets in
2.0 will be the catalyst that will push it to number 1. the biggest complaint about eth is the fees, and this practically eliminates those. then you have this, which a lot of people will latch onto to prove that eth is better than btc because of how much more green it is and how much of a giant it already was in the crypto space. don’t get me wrong, eth will almost certainly dump a little when 2.0 is released because of buy the rumor, sell the news on top of people being able to sell their eth staked in coinbase. then you also have all the people who want to sell but don’t want to pay the gas fees, so they’re holding until those are better. however, once that is all shaken out, i genuinely think eth will fly past btc. it just has so much more going for it and is already starting to creep into people’s vocabulary. a lot of people throw around “that bitcoin” to refer to *any* crypto similar to how parents used to refer to any video game as “playing the nintendo”, and i think we’re starting to get to the point that people are realizing there’s more than just bitcoin
i'm not exactly sold on 2.0 being a massive pump... i suppose 1559 will be a nice little window into the potential future... but it is going to cause a massive shakeup in the markets when the 60% of the hashrate that is gpus floods into the next most profitable coin. no saying what could happen, so i'm quite skeptical of this "2.0 will be a moonshot for sure" narrative. in the very long term i expect it to be an overall benefit... but not so sure about the shorter term.
when is it supposed to happen.
i do not see why? pos guarantees that large custodians (ie "banks") will forever have the ability to censor ethereum transactions and frontrun trades. i'm not sure what the argument in favor of eth over bsc is if eth moves to pos - you end up with the exact same centralization, only one takes advantage of it for faster, larger blocks, the other does not. i guess there is network effects, but unless you go all-in on it like bsc, you still have worse confirmation times and fees.
this is a silly question but i'm a noob. eth 2.0 would not use cards to mine?
chip shortage is still gonna be around once 2.0 comes out, i do have a 1070 i can sell you for
we all know he will thisregard this ^(unless he holds eth)
this made me laugh so much
3rd richest as of today
but if you plan on holding long term, might as stake it.
noob question that i’ve wanted to ask for a while but worried i’ll get beat up for it: should i hold eth (or other cryptos) personally for this or is something like coinebase ok to hold? i remember hearing when things like btc split and people would automatically hold both forks but didn’t understand why mine didn’t copy or whatever. i don’t mind trying to learn about it but the cacophony of voices is hard to sort through.
thou shall hodleth thy etheth
i feel like it is already not as tied to btc as it used to be
even a bi-monopoly would be better than being tied to btc monopoly
maybe, maybe not. its about branding and emotions. bitcoin is a household name. ethereum is not. seems to me that btc is the strongest for store of value. eth is stronh for dapps. eth has done a chain rollback in the past. can it truley be forgiven by big institutional investors?
jan 4th 2018, already happened.
eli5 the flippening? is it simple that eth overtakes btc?
eth is so promising, it’s a matter of time til it is
so will all eth be turned into 2.0? or what happens with current etherum
> having my eth staked now makes me feel so happy! what is staking and is it worth doing on a small bag?
smart move. i have all my eth into eth2 as well. locked up, buying dip and not worrying about price. in it for the long run!
where are you staking?
i'm really glad i staked. it's made sure i could not sell any, and that alone has made me more profit than the staking rewards.
the switch to pos would not affect fees but layer 2s (which are slowly rolling out) and sharding will reduce fees
yes but that ignores the fact that majority stake holders can also spend their money on mining hardware to outpace casual mining. i do not think it will matter in the long run.
yes. that's why the current energy fud against bitcoin, because pow is the only way to truly protect and desentralize a blockchain and keep everyone honest.
this is possible, yes. but if we look at how pow works, we seem to have a similar problem. miners are incentivized to increase their total hash rate in order to increase profits. so there is this huge demand for gpus and asics. very resourceful people are able to buy up large amounts of this equipment and consolidate huge portions of the network (binance is responsible for approximately 7.5% of the bitcoin hash rate). this creates a certain barrier of entry to mining crypto where you might have to invest thousands or tens of thousands into mining hardware and then electricity costs, and it might require some it, especially since any large mining operation will be thistributing the load across many gpus. since most people do not have the capital and know-how to mine profitably, they do not do it at all. this separates the network off into miners and users, where miners are the only ones securing the network and profiting off of it. this can ironically lead to the network becoming more centralized, just as you mentioned might happen in the case with pos. i think it is more of a problem inherent in the socio-economics of our world and the thisparity of wealth that already exists since, in the pos model, wealthy people will easily be able to buy up crypto and stake just like everyone else. i do not know if crypto will be able to solve these problems with technical solutions. so while this problem may persist, we will at least solve other problems, namely pow's expensive electricity and hardware requirements.
actually the opposite, see [this faq](
yes. that's one of the issues of pos.
exactly. it’s no different from the current fiat system we are in. pow is the only way to stay both secure and ✨actually✨ decentralized
do you get mining kit and energy in pow for free or what
yes. but i honestly believe that as crypt becomes more mainstream, people will care less and less about this particular fact.
for eth, yeah. not for other pos coins. algo, dot and cardano have creative ways to solve the problem of giving rewards to those with the most crypto but not giving them full control of the network.
to run a full node yes that is a concern, however just like with pow there are validator pools. coinbase and others provide centralized ways to stake any amount even cooler is rocketpool which will allow for decentralized staking of any eth amount
as opposed to majority miners controlling it? surely it is better for those with an investment to have control than miners, far less incentive to sabotage.
but wouldnt this be counter productive? and also, it is not even like mining pools, that can become a very large chunk of the network. individual validators surely wont be able to get large enough that they have much influence?
sure, but this would require coordination by the individuals controlling 51% of the entire supply of cryptocurrency -- and those people have no incentive to harm the network
iirc there’s limits on how much an individual wallet. i read the docs on etherum site a while back, go check them out, the details should ease your concerns.
but concerned... about this: [
the proof-of-stake eth2 chain has been running since december, but it does not have any tokens or applications on it. "the merge" is when we take eth1 and "merge" it into the existing eth2 chain. so it is when users will switch to using pos.
im excited to see in 5 years eth 2.0 and complete ada. the 2 smart contract giants
personally, i believe lots of "eth killers" will exist side by side. just look at bnb, the binance smart chain suddenly exploded with activity, but still, eth is still at number 2, with no end in sight. the crypto space is big enough for lots of coins to co-exist, it might even be necessary for multiple coins to work in a kind of symbiotic way, just due to the current limitations of blockchain technology. if cross-chain tokens succeed and enable chains to swap out tokens and information, this is going to be a no-brainer in my opinion.
hope you guys finally get smart contracts rolled out as well!
what's the thistinguishing feature of ada?
i'm not so confident. it's just the same, but pos. there are many pos cryptos, it is nothing new... and actually it have some serious issues in long-term like the richer get richer.
is it even possible, technology wise? lots of promises about “soon”
why? pos is experimental. no big coins with adoption has it.
they have 4-5 client teams to compare implementations against in testnets before the merger happens. i would be surprised to see it be messed up, tbh.
starting last december there has already been a pos ghost chain running to ensure that the pos clients work correctly. it's not gonna be a switch and pray handover, that is why it is taken so long to migrate
here for grimes’ husband 😂
that's such weird logic though. there bloody well should be many more things that take up wayyyy more energy than crypto. and for reference, bitcoin uses around 0.6% of the worlds electricity production. it's absolutely insane and unnecessary.
i mean the amount of energy we use to mine does end up harming the environment significantly, that being said most people with crazy rigs are doing it for money not for the concept or to actually hodl coins
>there are so many more things that take up waaaaaaay more energy than crypto. sure, we can always point to someone who is doing something even worse, but that gets us nowhere. i cannot understand how bitcoiners find all kind of shady arguments to deflect criticism. if the average person identifies crypto with negative externalities, then it is time to change things instead complaining about the evil media. btc's runaway energy use is the net negative here, not people pointing out facts. it's exactly this mindset of "cannot change, would not change" that ultimately convinced me to dump my btc for eth long ago.
nothing happens. you just cannot mine anymore
yes... just like there is room for amazon, microsoft, google, etc as cloud providers.
>while i get that not everyone is happy with pos (richer get richer) this is a fundamental misunderstanding. for anyone who does not know, in pos on ethereum validators earn a percentage reward on their stake. everyone with a validator receives the same percentage. so it does not matter if you're staking 32 eth or 10,000 eth, both receive the same percentage of return. obviously the guy with 10,000 eth stakes earns a larger amount, but it is the same percentage as the guy with 32 eth staked. it's true that in order to run your own full validator you must have 32 eth, but if you have less than 32 eth you can stake via an exchange, you can use a service like lido, you can deposit to rocket pool or you can simply buy reth which earns pos rewards. no matter how much or little eth you have, you will be able to earn essentially the same return as anyone else. in fact, as people who run their own full node will need to ensure full up time, they usually invest in an expensive machine + internet connection. deducting that from their income, people who just use rocket pool or simply buy reth might actually get an identical or higher percentage return on their stake.
pow supports rich getting richer because only an elite few can afford the huge capital requirements for mining. in pos, anybody can stake any amount, and have the same roi as everyone else.
whenever you bring up a valid point in this sub that isnt pro ethereum, nobody will respond because they know its true, they will only downvote
yes, but this thread is an echo chamber.
everyone can stake every amount with pool. so if you do not need the eth right away stake them.
that’s right! my nips so hard i am cutting glass around my neck of the woods.
no need to sell or buy anything. only the network will be upgraded, eth will stay the same.
proof of stake is a carbon copy of the existing fiat system. those with the wealth create the rules. pow is far from outdated. it accomplishes something pos cannot. real decentralized governance.
60% of the network is hosted on aws! ethereum was never centralized. ethereum gets thisappointing the more i learn about it, and i was super stoked about the tech i thought we had, guess not. i'll be looking elsewhere for a decentralized network with pow.
highly centralized. right now to establish a eth node is a nightmare. basically it is all runing over aws. completely against the desentralization principle of blockchain technology. and now they are switching into pos lol. insanity.
> so eth is estimated to use 0.035 kwh per transaction, that is still ~315x more than nano, and ~31818x more than iota. it's a major step ahead for eth, but it is still far behind dag power consumption. this is an oranges to apples comparison. eth is centered around smart contracts on l1. neither of the coins you mentioned are centered around smart contracts, let alone on l1. also, while dags may have the ability to do some subsets of smart contracts where order of transactions do not matter (like voting), they really cannot compete against other platforms that can already handle smart contracts where the order of transactions matter which is a much bigger majority use case for smart contracts in the first place. the 2 coins you mentioned are great coins for their more specific uses, though - payments for example.
yes we will vote in new rules and own it all. let them eat cake.
the 2 chains have been successfully merged on dev testnet, so we do know that it works.
it has been soon since early 2018.
pow is the most *inefficient*, actually.
but nobody with a graphics card can profitability contribute to btc. however, i can contribute my tiny fraction of an eth to a staking pool and it wouldn't even cost as much as the card... and costs me no power.
proof of stake does not use graphics cards to mine like proof of work so there is not really any hashrates...
gas is at ? where? most certainly not for transferring some eth from here to there. it's also easy to claim that cardano has lower energy costs, but that is apples to oranges: next to nobody uses it in any serious way. if ada were able to scale to the size eth 2.0 is drafted for, it would also consume a lot more energy. the comparison is like doge to btc: hey, the btc core devs surely could learn from energy-sipping doge, right?
i've been in on algo collecting my 7% for exactly this reason. super low fees, 5-10s transactions and staking is the only way to get more beyond buying
how can it use 0% energy?
unfortunately it is not that simple. the amount of things and code the devs have to get right, like perfectly right for the update to be successful cannot be built in a day
yeah, who cares about the stuff literally everything is made from
virtue signalers and no-coiners (often the same people)
energy consumption is not bad. doesn’t tesla cars consume energy. does anybody care where the charge comes from to charge tesla cars. bitcoin is trying its best to move 100% renewable and also it incentives production of renewable energy. these stupid pos people will learn this hard way
come on, bitcoin is being actively developed.
pos is how the legacy system works, pow is the actual innovation. do we really need to go there all over again?
these are terms and concepts you can learn in <10 minutes. willful ignorance is not a good look
no. it probably would not help much with the fees.
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i believe it is a non-contentious hardfork, yes.
less electricity good, uppies?
unlikely unless countries start taxing mining ops or raise energy prices. btc's mining literally converts energy into chain security and the price of energy limits the sustained hash rate. if more efficient chips come online, hash rate goes up till energy use is up again. i cannot see bitcoin switching to pos, both developers and believers act like old stubborn men who refuse to change, no matter the costs. at some point, the chinese government might lose patience and thisallow mining, then they could move to russia, but if russia also forbids it, it is more or less game over and the hash rate will fall. or maybe australia still wants them, but considering the huge wild fires, i got my doubts.
never go all in and never buy if you feel you absolutely should but right now. spread your buys over two years, eth will still be available
they switched priorities between sharding and pos afaik. but yeah, i have a hard time keeping up with pos and 1559 and all of that
i think that good opportunity to buy is before merge. ;)
switching from pow to pos is unprecedented
they find another coin or sell their hardware
this is a part of the original 2.0
yes - no action required
if you are running your own validator you will not be able to withdraw until withdrawals are enabled. if you are delegating your stake akin to other pos mechanisms, then a lot of these services provide liquidity tokens. lido is probably the best non-custodial example, which provides you with steth to do with as you please.
sharding will, yes. but not the transition to pos specifically. also l2 implementations.
it is merged. there is only 1 eth. the old eth will be held in one of the newly created nodes but is exactly the same as every other node, so the same eth.
from "the current plan is for the ethereum 1.0 chain to effectively become the first shard on ethereum 2.0 when phase 1 launches. until then, the ethereum 1.0 chain will continue as it is now and will undergo improvements to enable it to eventually be an ethereum 2.0 shard." "there is no need to do anything special with the eth you currently own. it continues to be fully usable on the ethereum 1.0 chain. at some point, the ethereum 1.0 chain will become part of ethereum 2.0, and your eth will continue to function just as it does now, with no action required on your part."
two and a half face palms worth
still a value-add... will still be necessary if there are 'issues' with eth2.
tx limit per block decides gas price, right? and erc20 tokens still counts afaik
there will be less sell pressure, because issuance will go down a lot with pos.
it's not using proof of work anymore, eth is transitioning to proof of stake which is why it is more energy efficient, instead of solving ever more complex maths problems with more and more powerful computers to mine a block, people stake some of their eth to secure the network using regular computers.
buy in the bear markets or after the crash.
the whole market is down due to fud from china banning crypto.
no. network effects favour eth. there are tons of smart contract platforms operational, some better than ada, but they have a hard time competing. ada is from 2015 and is really old tech by now
we do not need that clown
lol literally no one is thinking about nano. we all collectively forget it even exists until a random shill like you pops up...😂
i'll deny it. might be wrong but hey. !remindme 1 year
eth mining is ending soon, no ifs or buts. buy a bitcoin miner if you want to mine
people do care about the environment and carbon footprints, it is a pretty big topic at the moment globally
there will always be other coins to mine.
nothing... it'll be the same token as it gets merged into the new system.
it's kinda going to work for him in my opinion: he might fork doge's codebase to support 100x block sizes, and then, who is going to run that? in no time you will need a super computer to support a blockchain of that size. there will be less and less nodes, leaving doge centralized to run only a couple of nodes, elon's nodes. then he proceeds to claim his doge network is the fastest and cheapest one. elon claims he saved blockchain, and he wins.
you're telling me someone whose in crypto for 3 months has no clue what he is talking about !?
he never said that that’s how it’s done tho?
it's impressive how he thinks it is as easy as increasing block size, it is like bruh you literally do not know what are you talking about and still, you're getting praise from people who do not understand it either
only reason he is making a fuss about it is because he wants to steal credit.
elon has to thiscover about everything about crypto, je knows nothing and has proven that already a few times already
elon has yet to thiscover a lot of stuff
> it's gonna blow his mind when he thiscovers that the scaling problem is not as easy 100x ing some variables in doge. he does not care. this is his entire gimmick; take something legit and snake-oil-salesman the shit out of it to the public.
i lol'ed irl when i read his tweet saying how simple it would be for doge to win the crypto race... this. elon clearly has taken up crypto solely as a social media interest. he got caught up in fomo. we should treat him like the apes at wsb. he has no idea that bch and btc already had the block size argument. (i also think there is something to be said for future blockchains expanding their block sizes, depending on the other fundamentals of their white papers, but for now we can declare a clear winner. in l1, less data per block>large block size)
he might not be the genius... every makes him out to be.
not to mention the debate about how centralized a coin should be. as far as defi goes, eth is by far the most decentralized
if only it was that easy. i would have pre-mined all btc. what's environment??
doesnt elon realize the doge is a fork of bitcoin lmfao
elon is an idiot imo, a complete poser - that lives off the hype, that is how he gains a living - no wonder that he tries to do the same with btc and other crypto. even tesla that will have "fully automated driving vehicles just around the corner"... for the last 6 years
wasn't the whole idea that the scaling problem is solved by moore's law? not that it is a real law or anything but it has mostly held true for silicon production. the block size has remained the same for bitcoin since its inception, while storage and compute capabilities have massively changed. my understanding of the og whitepaper was that this was supposed to counteract the negative affects of scaling.
elon is a charlatan. lol.
you think he does not have people telling him these things? doge was a useful pump and dump because it had meme power. people got played for his fake "meme lord" schtick.
“it’s so easy just make it better faster stronger. damn i’m a genius” -elon, probably
yep, that is why scaling work is being done on [all fronts]( have i already mentioned that hardware will only improve?
he knows, you know a billionaire does research before he puts in 1.5 billion it's either 3d chess or he is just having a laugh i
the scaling problem is a made up problem, satoshi designed a solution that was never implemented because a bunch of devs who were being funded by a bank funded company called blockstream took over the code base, kicked out the guy satoishi gave control to, and changed the system forever for the worse. just fyi
if you believe that you know more about this then him and that he and his advisors do not know about this you are very naive.
really when he called the guy who thisagreed on that tunnel rescue thing a pedo it was not a big enough clue that maybe he just has some shitty opinions and runs his mouth? i guess it is harder to see when you're being agreed with.
i think people give elon waaay too much credit for his own success, sure he’s probably smart but he’s not fucking iron man. the guy has tons of top people in the fields he is in working for him and yet people associate everything about his company with him. meanwhile he has like 3 (fairly mundane) tesla patents under his belt. it’s just the classic american way of worshipping the ground some celebrity stands on as if their not human.
i love the fact that vitalik and joe lubin just sat that and gave 0 fks while every one from justin sun to cz to nano to michael saylor to pomp to charles hoskins and \*input your fav'e eth killer here\* splayed their buttocks high and wide in desperation for his attention... all i have to say is, "go eth!" smart people will win out in the end.
alright who told him. now he is all hulked out
thanks, i hate it.
elon is clever enough to hire cleverer people to do the real clevering for him.
is that a man, or a child, or a manchild?
eip 1559 is scheduled for july. that alone will help the gas fees.
i drunk-dumped my first big boy paycheck into matic at $.44 and i’ve been kicking myself that i didn’t have more to dump i got like 6 months rent (or a motorcycle) now tho whenever i pull out tho, if i ever do.
i got in late at 70 cents, loving the last week. i get gunshy at the thought of popping. more in but i really do believe it is going to go well past 5 bucks and much sooner than later.
so is it possible right now to move all your eth tokens unto matic? and trade them using some dex? :)
how did you become aware of matic and what lead you to investing?
oh its close then
eip 1559 in july, merge is end of 2021 or early 2022 edit: and merge is when the full merge to pos happens. right now we're running both pos and pow
it will already gain more value thanks to eip-1559 hitting soon. this will burn the gas fees instead of re-thistributing them to miners - essentially **reducing the inflation rate from \~5% to <1%!** (and during high network usage times, it could even become slightly deflationary)
smart move. eth is my favorite investment right now out of any stock or crypto
what happens to eth when eth2 kicks in?
what’s the timeline for this?
can someone explain to me what this eth 2.0 is? i've seen on binance that i can stake some of my eth to be eth 2.0. does this mean normal eth will be worthless when 2.0 comes out?
maybe, or maybe it is priced in and will drop them moment 2.0 sets in. my experience is that dumps happen on upgrade day.
when does 2.0 actually happen?
can someone explain etherum 2? should i move my eth to etherum 2?
i’m confused about what the updates with eth2 mean for eth, is it a separate investment? will i have to convert my eth to eth2?
>cause i know it will explode once 2.0 sets in have fun waiting 5 years.
the point about eth “dumping” is relative. let’s just say, for convo, eth spikes to 8k before dumping and the “crashes” back down to 6.2k. we still don’t know where the floor is because we keep flirting with the ceiling
does the eth 2 merge only switch to pos? or is there sharding too now? where i am going with this is i am wondering how they can increase throughput (tx) just by switching to pos without sharding?
serious noob question about eth 2: if you own eth does that mean you own a stake in eth 2.0 or do you need to invest in something else? if so, what and how do you invest into eth 2.0 now?
what about cardano? does it have the chance to jump the gun on eth 2.0 and take major market share?
nintendo is still king though, ya know?
it's still highly centralized. it may very well surpass bitcoin in market cap, but it sure as hell does not do what bitcoin does, which is prioritize decentralization and security.
are these changes guaranteed to bring down the fees? i've seen people here and there say "not necessarily". i'm a bit new to all this, what do you think?
is eth going to merge with eth 2? what happens to all the eth cin when they set up eth 2?
>however, once that is all shaken out, i genuinely think eth will fly past btc. it just has so much more going for it and is already starting to creep into people’s vocabulary. a lot of people throw around “that bitcoin” to refer to any crypto similar to how parents used to refer to any video game as “playing the nintendo”, and i think we’re starting to get to the point that people are realizing there’s more than just bitcoin but can you show me evidence, actual intrinsic evidence to prove that the current or future estimated prices should be where they are? btc could drop 80% and eth could still drop 40% and be . i cannot find evidence of the actual demand of eth supporting these prices. i wonder how much speculation is built into the current price. eth is down 6 days nearly in a row and for a security that will fork soon and have all this great news should be gaining double digit days again by now from a technical and fundamental level.
i'm just passing through and interested in crypto, but any idea when 2.0 might launch? i want to invest
> 2.0 will be the catalyst that will push it to number 1. the biggest complaint about eth is the fees considering its blockchain was rolled back after it was hacked, ethereum is **already** ethereum 2.0 so the limitations are limitless.
bitcoin is also improving as a protocol. eth 2.0 will be a slow roll out.
when is ths predicted date for eth 2.0?
hmmm not just fees, security as well, so many bugs and money lost? correct me if i’m wrong 👍🏽 will the new system address these aspects? hope it does
it'll be interesting as well to see how things play out once all of the miners no longer have any interest in eth. there is a good chunk of demand that simply exists because it is a minable coin. once that goes away, no idea what impact that will have on the price.
what is the realistic next most profitable coin based on gpu output?
you are among the majority, which is why the investment opportunity for eth right now is so asymmetric.
> i do not see why? inertia. bitcoin has the worst tech in crypto and yet remains the unthisputed market leader. ethereum is basically the same thing for the smart contract space. it's really, really hard to overcome the first-mover advantage. ethereum has a massive lead in adoption and a near-future roadmap that should bring the tech up to a place that is "good enough," and provided that happens successfully and on-time (more or less), there is probably no catching it. if they screw up then all bets are off, but if they do not, a small tech advantage is probably not going to be enough for a smaller player to thisplace them. <>
it would not be using mining at all.
eth 2.0 would not need cards at all. unfourtunately this does not necessarily mean that market will be flooded with graphics cards, it will mean they will switch to some other coin that is mineable...
graphics cards cannot do any of the instructions required to actually execute smart contracts and whatever else happens in the eth blockchain. they're only used to perform the hashing required to sign the next block. the actually computational power required for the transactions inside the block is utterly minuscule compared to the power thrown into the pow part of it.
>i do have a 1070 i can sell you for ~~~~ 0.25 eth though fify! come on, man!
i keep hearing the used market is insane but is a used 1070 really ?
unfortunately it looks like he is not bright enough to recognize eth is the premier green machine or he wants absolute power over the coin so he chooses the biggest !#%. maybe someone should tell him the sec is right behind him...
lets hope so... ;)
don’t need to send our current assets to a 2.0 address?
50% eth & 50% smaller cost stuff. been doing good with chainlink & matic. but dyor, buy the dips, and i have been in one month only. but i dive deep! not financial advise. do a bit a pay-check and ease in. i jumped in... was not a good move. also look up rug-pulls
it is not. correlation has weakened significantly in the past year.
*duopoly (not trying to be a dick, but there is actually a word for it)
bitcoin rolled back the value overflow incident too. ethereum's was just contentious because the dao specified "the code is the contract" with no human readable design document.
yes. you do nothing.
yeah, the 2.0 is referring more to miners moving to validators in what will be the proof of stake blockchain. (kind of). your actual eth will remain the same.
i suggest you spend a minute on ethereum website’s article on it, super useful! regarding your second question, absolutely! i stake on coinbase with a smaller bag and it’s earning 6% apy at this time. not a bad deal 🙂
so is eth 2.0 a separate thing or does eth just upgrade?
good question. my personal point of view is that this whole crypto enterprise is risky, and i want exposure to the highest upside. if eth 2.0 transition fails, i’m not optimistic about ethereum’s value and growth at that point and i’m unsure my eth would retain much value in that case. so i’m all in on the future we aspire to😎
practically, most people are just gonna be concerned about fees. what's the anticipated timeline for layer 2 and sharding to be rolled out?
i think it totally matter in the long run.
i hope you’re right.
mining is increasingly consolidating as the most cost efficient miners compete lowering returns to below costs for everyone else. when just a single organisation or two makes up most of the mining, it will no longer be decentralized or secure from regulations by the political jurisdiction they are in. pos seems way safer.
it seems it’s possible we’ve hit a point where the elite will try to use climate as the main reason to keep control over cryptocurrency by creating a huge push to pos. they’ll say the future of currency has arrived with crypto but in reality the technology is different, the underlying power structure may remain the same.
you can participate, you just cannot validate. you can still gain the rewards from pos through protocols like rocketpool that are actively being developed that allow anyone to stake any amount in a decentralized manner. this is in contrast to, for example, staking on coinbase where you do not control your money. pos requires a high amount to be a validator because you have to have skin in the game or else you might as well validate fraudulent blocks. if you would like to learn more, here's vitalik's post on why proof of stake, here's another post by him on the design philosophy behind it,
you can stake on coinbase with as much as you want. 32 is for staking on your own.
please stop embarrassing yourself.
yeah but we’re humans, and that’s a lot of power and we all see what happens when humans have large amounts of power. most choose to flex it inevitably. although it thistrustful to think, i think a system which even eliminates the need for such a worry is the best route to take.
oh, ok. sounds like ethereum is well on track for its development then.
in 5 years' time there will be other giants you know.
bsc would not ever overtake eth because it is eth just rebranded lol
i doubt when we have mass, casual adoption people are going to want to use so many tokens.
that coin had a family
once eip 1559 activates, eth becomes deflationary, and there is no opportunity cost to staking, right? that seems like rich get richer on steroids.
>and actually it have some serious issues in long-term like the richer get richer. so just like in pow then?
>obviously the guy with 10,000 eth stakes earns a larger amount, but it is the same percentage as the guy with 32 eth staked. i was not confusing this. its still is that more money makes more money. thanks for your clear explaination though. im well aware of it all but its useful for the lurkers.
>or you can simply buy reth i feel like an idiot. of course staking would be tokenized.
not true. anyone can buy a asic machine fir a few k.
you didn’t answer the question at all.
ethereum was never decentralized, 60% of the network lives in aws. very thisappointed when i found out.
yep, all those people without money buying warehouses full of asics is truly heart-warming.
i cannot believe we have to explain things like this. btw, how are these eth nodes? oh wait, it is almost impossible to set up one. aws all over the place. unbelievable.
remarkable this still needs to be explained. people do not realize pos is not a new thing and it was considered by nakamoto and ultimately thrown aside for the more secure and decentralized pow system. i'm not saying there is no place for pos...but it is blatantly incorrect for anyone to say pow is outdated and at all less secure or decentralized than any pos system.
proof of stake is not really like the existing fiat system... jeff bezos cannot directly change how the u.s. mint operates.
it's amazing to me that you decentralisation absolutists do not understand that "real" decentralisation is not even possible and is a complete fantasy. it's staggering. as has already been pointed out to you, pow is still the rich making the rules. going to continue ignoring that point, and just claiming the critics "do not understand"? of course you are. > pow is far from outdated "it makes sense to use every ounce of energy mankind can produce, in this utterly pointless activity called mining, because i'm so stupid i think it is actually magic" ok bro
eth volume is only around 4x of ada volume. still does not change the fact they tend to release some of the shadiest forward looking statements of all time. but yeah about a week ago on metamask it was . around the same time they bragged about reducing fees by 90%. i get you believe in the technology and all but i tend to stick with straightforward investment analysis. eth is beyond shady in how they release what you would traditionally call forward looking statements.
by partnering with green companies that offset algorand’s environmental impact. here is the link:
yes, actively being upgraded to catch up to ethereum tech. to be clear btc will continue to add value in its space and function, but i believe ether will eventually overtake it as .
it's not 10 mins. i spent two weeks reading up on crypto and there is still tons i do not know. crypto is insanely complicated and is not new user friendly.
ok. then answer this. why does not btc switch to proof of stake? problem solved, right? how am i wrong?
just to clarify i meant all of the fiat i have already set aside for investing, not all of my fiat total! but yes that was what i was thinking too, part of me is just tempted to take advantage of eth before serenity comes and (hopefully) rockets it.
hmmm…makes me reconsider my positions in various l2s.
okay, thanks a lot!
yea i seen that i’m hoping it comes back? 🤞🏼 which i feel like it should but i know nothing ahahha
lol what? they arguably have the best tech of any crypto platform. the only reason i hold on to eth is because of the first mover advantage.
you say that... meanwhile nano is the only coin with zero fees and instant transactions... no other coin can compete with it as a currency. sorry if that triggers you lol
(wow, not sure why my question was downvoted. i suspect it was someone i recently angered in another sub trying to "get back at me".) anyway, i'm grateful for your reply! i was thinking about getting started in bitcoin mining. i missed the rocket a few years ago, but it looks like btc is here to stay for the long term. thanks again for confirming. that really sucks for anyone who recently spent a few thousand on an eth rig.
we originally used bitcoin and cryptocurrencies for illegal transactions on the darkweb but now we're concerned about the environment?
i hate everything about this, but i can see it happening.
didn't he tweet dojo 4 doge? i believe dojo is a tesla branded super computer. at least that is what i read
and he’ll also justify all this by saying that decentralization is not as important as “security”. his mainstream followers will accept and believe every word he says, and just like that he’ll have destroyed everything cryptocurrency.
if he integrates nodes into teslas and uses starlink to keep the whole network sustained, he would not need us anyways
> he might fork doge's codebase to support 100x block sizes, and then, who is going to run that? in no time you will need a super computer to support a blockchain of that size. > > except he was also very critical of bitcoin's mining being centralized as well, not that he would care about the hypocrisy considering he is using the exact same logic to condemn bitcoin mining (regarding much of the energy coming from coal) that people criticize tesla for (much of the energy coming from coal). yet apparently the energy coming from coal is worth abandoning bitcoin over but he is not shutting down tesla. elon clearly has some ulterior motives, i wouldn't even be the least bit surprised if he purposefully crashed the markets so he could buy more or some other 5d chess non-sense.
i feel a strong urge to downvote you, however i cannot help but think you may be fucking right. here, have this angry fucking upvote.
for the sake of vitalik downvote this to oblivion before elon reads it.
saving this so i can give you credit when it happens
plot twist: he’s going to reduce the electricity consumption by 99% in a stroke of techno-brilliance when he swaps out the pow blockchain for a ... sql database.
so in short, doge to the moon 🚀🚀🚀🚀
legit the most likely outcome. i kinda wish normies stayed out of crypto.
i am become binance, elon of worlds.
oh wow millionaires wanted a centralised system who would have told that...
> leaving doge centralized to run only a couple of nodes it's already there. open up dogecoin core and behold the estimated years it to sync the blockchain. people literally have to post...
oh he did tweet "doge on dojo" tesla's supercomputer. starlink also just made a contract with google for direct access from sats to data centers. bypassing the internet. so could all align in an insane software and hardware update, making doge “an unstoppable financial vehicle that’s going to take over the world.” good job it accounts for 85% of my portfolio.
charles hoskinson perfectly explained why musk would not succeed in a recent ironic video filled with the gigantic technical obstacles he is going to face
this is 100% the future
elon always wins. he never gives up. i believe in elon and doge. doge to the moon! 🚀
what is doge's current blocksize?
whu does bigger block size make it take a supercomputer?
saves blockchain by taking the one thing that it gives.
the the sec shuts his ass down and gives him with a massive fine.
he is not smart enough for that
>and then, who is going to run that? in no time you will need a super computer to support a blockchain of that size. could you eli5 why this would happen?
yep i've said something along these lines for a while. bius btc. demonised btc. claims he is working to make doge faster, cheaper, more efficient etc. will say he could not and that he needs to make his own crypto
you just made me so sad
that’s basically the story of binance coin with less drama
every tesla car becomes a node
sounds like an upper management.
bch has fuck huge block sizes and they are just not 100% full
hold doge as a hedge
with current prices, he would need to spend around . good luck to him. happy to see him drain his own money to support his massive ego.
elon has thiscovered bsv
the sooner the better. if he *gets* what he wishes, the sooner he will shut da hell up. (yes i know, it is wishful thinking)
can someone explain this like i'm 5.
ofcourse he will. that’s the end game. to reveal himself has satoshi and he was trolling everyone
tbh if he really does that he will lose the last bit of credibility he has left. we will see.
there. you described blockchain. it can be either decentralized or efficient (with all the shades of gray in between).
i really thislike elon...
>it's kinda going to work for him in my opinion: > >he might fork doge's codebase to support 100x block sizes, and then, who is going to run that? in no time you will need a super computer to support a blockchain of that size. > >there will be less and less nodes, leaving doge centralized to run only a couple of nodes, elon's nodes. > >then he proceeds to claim his doge network is the fastest and cheapest one. > >elon claims he saved blockchain, and he wins. remindme! 3 years
he’ll have to fix the code first as it missed all the updates since it forked from bitcoin. that’ll keep him busy for the next ten years!
ay, do not attack me like that
that’s literally the mans career in a nutshell. hype up an existing product’s fundamental value. he doesn’t need to know how it works because his cultists won’t know how it works either.
elon’s right, why doesn’t whoever is in charge of bitcoin just open up the bitcoin control spreadsheet and change “energy use” stat down to 1? ez fix!!
nah, he is pushing for the last pump before he dumps some of his 30% of whole doge supply.
the original design never intended to store all the tx forever, after a number of confirmations you remove the tx data itself and only store the outer merkle hashes. which is essentialy 4.2 mb of extra data a year. next to that you need the utxo database, but every time people cosilidate multiple utxo's in to one that database becomes smaller. the trick is that blockstream employee who happen to also be bitcoin core devs removed everything that made bitcoin scale from it and then claimed it does not scale just so they can make money on their own scaling solution which is called liquid. elon is right, it is the people here in . you can tell by the fact that when bch was doing the same amount of btc tx, that the chain kept on working and fees did not move. so if elon is serious about scaling a proof of work coin he is going to end up with the original design of satoshi.
or the time when he saqid that the coronavirus would all be over in a month and masks weren't needed and it was "just the flu" he is an idiot. sure, he is not stupid. but he is an idiot.
vitalik is in a different league compared to elon. better for vitalik to stay focused.
dogeloin - forget about that one actually
it is dodgecoin for me
yeah he is been using ethereum for daps since at least 2019.
compound those gains baby! we all have to start somewhere.
yeah i put .30 in early april lol. think i bought . why the fuck did not i put the .
don’t pull out this is only the beginning for matic
i heard it was supposed to be deflationary. is that not true?
but of a noob question, but eth cannot reach btc values, right? what's the max it can get to?
all eth will be converted to eth2.0 after the merge. there is no need to do anything with your eth currently.
eth 2.0 is eth. eth is currently transitioning from pow to pos. eth will merge with eth2.0 and just become eth2.0. no action is required from users or holders of eth and your current eth will not become worthless. eth2.0 = eth after the merge.
no, ethereum will merge with ethereum 2.0. specifically, the ethereum chain will become one of the 64 shards that make up ethereum 2.0. this means that the entire data history will be preserved. for eth holders, this means no particular action is needed to “transfer” eth from the 1.0 to the 2.0 chain. ethereum 1.0 will simply become part of the 2.0 chain
and this is why i dca
even the hypothetical numbers are copium
they switched the order of sharding and pos to free up coin earlier. congestion should get worse before sharding is released early next year (hopefully). but since fees were attached to paying miners the cost should drop significantly. i'd say by this time next year ethereum will be on steroids.
it's the same thing, if you are invested in eth you are invested in eth2
eth2 is just an update to the network itself, so the eth you hold now in an exchange, it’ll all update. theres a sticky’d post on the r.
cardano doesn’t even have smart contracts. ethereum has smart contracts since 2015 and a whole ecosystem and developer mindshare around it.
well yeah, i’m not saying btc is going to thisappear. it’ll still be top tier for a long time. i would argue though that playstation is kind of the king right now, with nintendo a close second and then xbox third
why is ethereum highly centralized?
fees are determined by supply and demand. it will increase supply, which would decrease fees, unless it gets eaten by latent demand. if ethereum becomes a major financial network fees will be much higher than they are now irregardless of what we do. layer 2s are the solution to fees, they are already here and growing.
from what i have read, no. here's a thorough write up from u
> there is a good chunk of demand that simply exists because it is a minable coin *squints*
changes constantly... there's really no predicting what it will be next month let alone when eth finally goes pure pos. and i mean it could be literally anything... the other week showed us that even eth classic could become the most profitable with a single pump. (it was briefly the most profitable coin for a few days or so, and it is entire network hashrate doubled in like 24 hours). i really think it does not matter how low people regard the coin... or if it is brand new... or anything really. if it is profitable then miners will point their rigs to it. it's too big of a carrot dangling there to resist. definitely keeping my eye out for movement in mineable coins until the switch is final... both for mining and investing.
> inertia maybe, i do not thisagree inertia is strong, but the arguments for bitcoin (which ultimately give it people who want to buy it) are not just around its network effects, people argue for it around its security and stability. eth has no such arguments - the arguments for it focus on its network effects of smart contracts that are interoperable, but with enough money you can clone the entire ecosystem, and enough more money you can get liquidity on many of the cloned ecosystem contracts (just look at bsc, they are screwing up a ton, but slowly getting there).
>it would not be using mining at all. does anyone know of a good webpage of video that eli5 how proof of stake works?
well all the other gpu minable coins suck, i think the 2nd most profitable after eth is ravencoin.
move into folding at home to help science, get a little bit of crypto as a perk
whatever coin the collective decides on will easily become one of the top coins available. just hope it has some functional fundamentals like eth, active development is a plus.
normie: stake eth 200iq: stake gpus
i think what he is asking is whether it is alright to let coinbase hold custody of your coins or if you should do it yourself and figure out how to stake from a cold wallet, for example. ?
yet one elon can still crash the price of eth with 1 tweet about btc.
and a dick has two balls, coincidence?
there is a huge difference between these two incidents. the value overflow bug was not just an unintended behavior in the code, but also violated the social consensus layer for every bitcoiner. the patch was not controversial at all, and in fact the proof of work process was followed perfectly. miners eventually overtook the buggy chain and it was reorged out of existence. this was not contentious by any stretch of the imagination. the inflation schedule for bitcoin is well known, and it is unacceptable for a bug to allow someone to arbitrarily create coins. the case for ethereum is much different. this was not a problem with the consensus or the protocol of the network itself. it was just shitty smart contract code that investors piled into without weighing the risks. those investors should have learned a valuable lesson but instead they got bailed out. its also arguable that since ethereum was planning to move to proof of stake from the beginning, that much ether in the hands of an attacker was not something the ethereum foundation wanted. no matter which side of the philosophical debate you are on, there is actually a debate here to be had. there was nothing of the sort for the bitcoin value overflow bug.
so its a fork?
coinbase says i'm on a waitlist ;-;
if i understand well this is only for us residents? like i'm from eu and it seems i'm not eligible...
thanks for the info!
are you able to withdraw your staked eth on coinbase? i am staking my eth on kraken, and i cannot withdraw until eth 2.0 rolls out. i wish i had been in this early enough to be able to run my own node, but alas, 32 eth is way out of my reach!
it just upgrades. all eth will be eth
i'm wondering this too.
arbitrum launches on may 28 :) of course, it will take time for applications to start deploying there
to attack the argument you need to see the actual nodes. mining cannot do shit without nodes consensus. pow is the actual innovation. pos is how the legacy system works. more, here:
oh this will 100% happen. and you know what? bring it the fuck on! bitcoin has survived way worse than this. all these battle tests just make it stronger and more resilient.
right but this is an improvement over the current system, which allows a 51% attack with less investment and by people who do not care about the stability of the network. it would make no sense for the people who own 51% of ethereum to conspire to hurt the network, they would be hurting themselves
ethereum development is so fricken exciting, i feel like most of this sub is not aware of all the cool stuff coming is a good site if you want some more info
always has been *space gun meme*
you realize anyone can still run a node, which is not true of mining? all assets and economies including btc are inherently 'the rich get richer'. idk how you expect a world-computer .
and just like society as a whole. it's just a fact of nature.
how would it work otherwise? if i stake 1eth and you stake 10,000, should we both get the exact same reward? what would be the impulse for you to stake 10,000. as it is now, pow means that the person who only has 500 (or 50, or 5000) bucks of eth and no cash to buy a mining rig can’t get anything. post merge, he’ll be able to get his % of the pie just like anyone else. i’m just not understanding your argument. pos is more available to more people to make more money.
>its still is that more money makes more money. this is true for everything, including proof of work. we live in a capitalistic world. so using this argument against pos makes absolutely no sense.
that's a lot of outlay for some people
it will get worse...
there are coins that are asic resistant, like ethereum.
you do not even seem to understand what i am saying. not surprising.
pow requires insane cost of entry for bitcoin. staking allows anyone owning a coin to secure the network and earn money. how is the option anyone can do for free causing more wealth thisparity? this view makes no sense if you think about it objectively.
some of us are aware that potentially, pow is more secure but do not like it in the scale of bitcoin because it is incredibly wasteful and damaging to the environment. no, it does not run on 40% green energy and it also does not simply use electricity that would be wasted sure to lack of demand.
no but he can use his wealth and power to pressure those who control the fiat.
ada's volume does not compare as ada does not have smart contracts. and no, sending around some tokens or eth was not , stop making things up. but hey, we just stick to what we believe and see who retires first
that's not zero energy use at all.
well shit i guess they partnered to find a way to destroy entropy. this is some futuristic shit indeed.
he was specifically talking about proof of work vs stake. that is a 10 minute read
because btc does not work on proof of stake...thats like asking why blue is not green
doesn't trigger me as i have not even thought about nano in years. no one has lol...the market has moved on.
xrp is the same
cz already did this with binance smart chain. literally.
there was an instagram live where grimes asked elon if the supercomputer guys were still downstairs lol
more than likely this coincides with elon's doge fork rising to , too, which i also hate.
well to some decentralised is the most important thing. he's not destroying shit. crypto market is in a maturity phase that perhaps new every asset class today would have to go through. he may influence the market short term but long term everyone's gotta learn to not let influencers influence
hopefully as blockchain becomes more mainstream, so too will elon's deception.
that's an evil masterplan right there
i really think he is just a narcissist who likes to feel powerful by moving the market. the guy does not even care when he says dumb shit to crash his own stocks. he just likes making waves.
he didn’t sell his bitcoin just to let everyone know
the energy coming from fossil fuels powering tesla's is an awful argument because electric cars are much more efficient than gas powered ones. even then, power stations are far more efficient than a combustion engine. electric cars are a step in the right direction and with power generation becoming ever greener, electric cars will only become an ever cleaner method of transport. that argument has long since been debunked. that's not to say elon is not a questionable guy who greatly overestimates his understanding of things outside his area of expertise though.
don't hate the messenger bro, this might as well could have been in his head all along, best thing we can do is start taking whatever he says with a grain of salt, good or bad.
i'm just gonna keep on holding.
there are a lot of serious and innovative products in crypto you might wanna look at. elon does not seem to understand the crypto world that well but he is right about bitcoin energy usage which dogecoin also uses...it is the same algo
that sounds like some genius shyt right there.
sounds about right. lol
sounds like steve jobs and apple, lol.
because no one really cares here.
i did the same! put ... on snl saturday... it is roughly canceled out so i consider myself quite lucky. ehh.
the minimum amount of eth you can send is 0.000000000000000001 eth also called 1 wei so we are not running out any time soon.
there is no max price.
depends on what timeframe you are talking about. absolute best case i see eth at 10k end of year. more realistically 5-6k.
please learn this, price is basically irrelevant its market cap that counts. right now eth market cap is rougly half of btc market cap and so if eth went to the same market cap it would be a 2x from the current price so 3,400 x 2 = ,800. for eth to hit a price per token of btcs current price (,000) it would have to have a market cap of just shy of (assuming circulating supply stays the same (which it would not)). thats not impossible for the thistant future (5-10+ years away) but it isnt going to happen any time soon and it will certainly not go straight there, there will be dips along the way. use [this website to see market cap of most coins](
eth and btc has different supply. btc is finite, 21 million coins. eth is not finite... despite having a mechanism of deflation next eip.
there is a website that lets you compare one crypto to another based on market cap. a few days ago, i compared eth when bitcoin had a market cap of 903.5b (it’s currently at 813.6) and it said if eth had bitcoins market cap of 903b then the price of eth would be 7.8k. obviously eth could go higher than what bitcoin has accomplished but that number is a nice benchmark to keep in mind. [the coin perspective ](
this is a harder question to answer than it looks. it's doubtful it could reach btc prices because there is no much more eth than btc. if you expect eth's market cap to equal or exceed btc's, take btc's mc and divide my number of eth. that'll give you a rough estimate.
it has a much value as you perceive it to have. look at tesla stock. it's market cap is totally unrelated to its profits or the amount of cars it sells. it's all about the total market cap. so more coins usually means lower prices. short term is ethereum is unlikely to usurp bitcoins market cap. medium term... i'm not sure. i would have thought bitcoins mind share dominance would have made "the flippening" unlikely. however elons shown there are cracks there. long term when ethereum moves from proof of work to proof of stake and starts to implement layer 2 scaling strategies, i personally see it being the dominant crypto. i'm no expert and i'm also relatively new. bitcoins main selling points are a set cap, aka scarcity, and perception as the crypto. like kleenex or xerox or pepto. it does not have smart contracts or token capabilities, it is a proof of work coin and its largely centralized around a small pool of miners. these miners all have large capital investments into the hardware required to mine. i think that makes it resistant to change, particularly to a proof of stake model. these things will hurt it in the long run. imagine there is a metal a abundant a gold but has no use case other than its shiny. what's going to be worth more?
just make sure to stake it :)
so if i have my eth in a hardware wallet, there are no actions to take on my side?
what did you just call me?
at what rates do you dca? +10% and -10%?
i do not get why fees should improve if the block size is the same, high fees are the result of competition between users to get their transaction ahead of others
so then why stake?
it will in august. when will eth 2.0 come out?
in europe playstation has been king since ps1 ' nintendo had some success with the wii but it was mostly a fad
yes but nintendo is still... cornering a huge piece of the market is what im saying. i just thought it was a bad comparison, because nintendo is still around in a very large way.
they just recently did a bunch of code changes and forked the code without even telling anyone until after the fact. that sounds like a board of trustees to me. the goal should be trustless settlement.
aws could shut off ethereum like they did with parler. vitalik has demonstrated control over eth in the past. he could do it again. he could get kidnapped, his father chad could get kidnapped, etc. you cannot shut off bitcoin. you cannot kidnap satoshi.
sorry for being a n00b but layer 2 refers to eth 2? it seems to me that if eth is too expensive to do business with, then this could really hurt it, even if it is in a dominant position. but if eth 2 solves this problem then that is great
right now ergo is the most profitable chain to mine. ergo is a very strong project that will be complementary to ada as they are both eutxo models, both connected with emurgo, and lead dev was originally a pos cardano guy. they're lanching a dex in june [ edit: downvoted for sharing information, cool. edit2: justice
isn't that true of every major business and institution, though? practically no one has a truly irreplaceable service, it just costs too much to replicate what the big players have and convince everyone to switch, even if the new service is better. that's not to say thisruption does not happen, but it is fairly rare. eth is not a guarantee by any means, but it seems well-positioned to remain as the "default" choice if all goes well. there will still be room for other players, but eth will be the household name, the base layer, the lowest-common-denominator, etc. that's my guess, anyway.
it works like stock voting. more you have = more votes you get. various issues and solutions arise from different implementations, so it is really coin specific for issues.
binance academy has a great video on pow vs pos. it’s like 3 mins long
its coin specific - i learnt a lot about algorand's 'pure proof of stake', but there are other variations.
something will rise to fame i suppose to many miners for it to die
some gpus (like my 2070 super) perform better on octopus (conflux) than they do on ethash. i’m still mining eth though because there are no exchanges i use that have cfx. etc is also another option for miners.
i'm folding bananos right now.
i honestly wouldn't even give him that much credit. even before that i was expecting a pretty big correction after that rapid climb. maybe it wouldn't have happened, but it seems he just triggered it more than caused it. we're still up something like 50% since last month, while bitcoin is fucked atm.
more of a knife
i was off the waitlist in only a few days. much quicker than i expected
go on kraken !
same. i want to be on the list where i don’t wait. one day.
idk about coinbase, but i'm staking on binance from europe
kraken allow you to stake in europe
thanks! i'm always looking for good info on cryptos but cannot find much
thanks man i just.spent the last 2 hours reading that rabbithole. appreciate it!
that's not a rhetorical question, i'm literally asking if eip 1559 eliminates the opportunity cost to staking. for me at least this stuff is hella complicated. pow difficulty adjustments keep miner profits low, tending towards zero. this is deliberate because there will always be _some_ barrier to entry.
> pos is more available to more people to make more money. this has been my argument for the past 8 years. being able to mint new coins with a standard computer versus having to buy a miner, it is just a no brainer. more people have access to a standard computer, making it possible for a greater number of people to participate in block creation and earning rewards. and this rich get richer argument is a fallacy, a dried up narrative from 2012 that was used to confuse and push people away from peercoin, the original pos cryptocurrency. in fact, rather than the rich getting richer, what really happens is the minters get richer, the people who actually take the time to run a minting node, while the rest who do not care end up voluntarily forfeiting their reward. this article explains that pretty well...
the argument is you both get the same percentage, not same reward. it's a stupid argument and proves that pos simply gifts control to those with the most liquidity with compounding effects. with pow you need capital and operational spends to maintain, meaning you cannot just perpetually gain rewards. you need to re-invest in more efficient miners or cheaper electricity or you could even end up with a negative reward.
a lot of people can share a single asic which to an individual participant costs next to nothing, if they manage to find a way to trust each other.
what do you mean asic resistant?
>those with the wealth create the rules. you're clearly implying that this is not the case for pow. so again, explain how those without wealth can compete with people who have warehouses full of specialized asics.
he clearly understands the situation better than you do. pow is already the people with the money making the rules with a further incentivization associated with thisproportionate scaling as you approach the top end. pos is far more egalitarian in that the relative return over any period is equivalent for all users regardless of the scale of investment. that's without getting into the massive centralization problem that is slowly coming to a boil on the pow side- that's an existential threat to the entire eth blockchain. neither solution is 100% perfect, but between the two, pos is the one that presents a good path forward for long term sustainable functionality while acting as a platform with intrinsic utility. while proof of work, can either support longterm sustainability *or* support intrinsic value.
pow is only touted as superior by people who do not know anything about the engineering behind cryptos. what they said is absolutely true; miners become incredibly consolidated and centralize the network. people owning coins in pow does nothing to decentralize the network. this is completely different in pos, where owning coins gives you staking. not many people are going to set up a mining rig. a lot of people would be more willing to buy a little pos crypto and stake it on a wallet.
instead of attacking them, why not explain where they are wrong?
you picked your username well.
you can get an entry level asic for a few hundred bucks. you need 32 eth to stake. in both cases, you can just invest in a small business that does it for you, including the cost of running a node.
"free" except for the cost of buying the stake, and the hardware, and the power...but yeah, totally free.
latest paper from harvard thisagrees with your claim. either way, to deny that pow could not go green like *everything else in the world* is also very naive and shortsighted.
either metamask is running a serious scam or gas fees hit . went to cancel a transaction that was taking too long. realized gas fees had spiked too hard for it to complete. cost to "speed up" aka change to the current gas fee was equivalent to . i still hold some eth lol i have no reason to lie to you. and gas fees are a standard rate for any transaction. maybe you are using an exchange instead of a wallet?
it's carbon neutral though. maybe you should look it up.
? huh? do you conveniently forget that “currency” was and is the original purpose of cryptocurrencies and bitcoin itself? just because centralized control over the development of bitcoin has led it away from being able to be used as a p2p currency doesn’t change the fact that “digital currency” is what brought us all here in the first place... and the fact of the matter is that when you compare all the various “currency” coins in this market, nano is by far and away the best one. so... you look kinda dull rn lol
no... lol. xro is utterly complemented centralized in every sense. majority of coins are held by founders... the thing is a total scam. the fact that you don’t realize this belies your lack of wisdom and understanding of the technical aspects of various cryptos
i'm out of the loop, can you elaborate or link something about what you mean? thanks.
bsc more or less saved smart contract growth in the market. ethereum is not able to handle any more growth, while bsc is currently running fine at 8x the transactions. a world without bsc would be a world where smart contract growth would stop completely. while in our current situation we are trading on a centralized network to explore posibilities of the tech further, while waiting for ethereum to upgrade the decentralized alternative. elon on the other hand is looking to solve a problem in a meme coin, which already has been solved in serious projects, using doge to fud bitcoin into a more favourable entry point.
...and now its rug pull central. and the doj is looking into his company.
wasnt that with eth rather than a copy of a copy of bitcoin?
let's not forget that bsc is not decentralized and is barely in the spirit of what cryptocurrency was created for.
we can construct some superhighway at the equator, where next-gen miners will race their tesla around the earth like slotcars
actually that’s really fucked up and entirely possible. new teslas have incredible gpus. they also are huge stores of energy or they are plugged into the grid. they are always connected to the internet. tesla owns all the software. elon could actually mine a crypto on teslas if he wanted.
let's be real, all he wants is attention, and he is getting plenty by being the crypto meme troll.
yes exactly, i don’t think money is the motivating factor here. i mean you already are the richest man on earth...
elon. when our culture stops looking up to these a-holes, they will be powerless
i completely agree about it being an awful argument, ev is a huge step in the right direction even though the ev in and of itself does not solve every problem all at once, and the same is true with bitcoin. bitcoin has proven to do a great job at it is original goal and now we need to work on improving all of the secondary issues to help improve bitcoin and cryptocurrency in general. neither should be just thrown away because the first step did not solve all of the world's problems.
more efficient per unit, yes, (even though that could be debatable and depend on the country and how its electricity is produced). but unfortunately, not on worldwide scale. this is the jevons paradox.
lol isn't that called the diane krugger effect? elon getting checked and it is a good thing...
dogecoin actually does not use bitcoins algorithm, it uses scrypt, which it has in common with litecoin. it also uses auxpow, where litecoin, thereby making doge mining more efficient. altogether, doge is in fact faster and more efficient than bitcoin. bitcoin certainly has a leg up in the amount of layer 2 solutions, sidechains, etc being built around it to assist in scaling, but doge has made a lot of progress in that respect as well. there are projects in the multichain ecosystem like thor, atomic and xrp that are bridging doge to other networks and enabling modern tech like smart contracts. i do not think elon should be seen as the savior and saint of dogecoin, at least not in its development. thankfully the core developers(yes, doge has an extremely active development team, contrary to the doge is dead rumor that has gone around) have said repeatedly that they are not working for him, not accepting his money or the paid developers he offered them. they have said that they have had thiscussions with him about future work being done on the project and in some aspects they see eye to eye, such as with lowering transaction fees and speeding up block time. i believe the general sentiment is that there is nothing wrong with block size right now, and thats not a target the team is aiming to increase. the sentiment in this sub is soooo hateful towards doge and without good reason. its a legitimate project that continues to see development and adoption. its fun and has done great things for exposing the general public to cryptocurrency and its legitimacy as a form of exchange. that being said, doge is by no means the best project out there. projects like cardano or ethereum are far more advanced and have the potential change the world. i hope that many of the people buying and adopting doge can also branch out and learn about these as well, to propel the crypto community forward as a whole.
i get that but people realize it makes em look bad right?
but does not the unlimited (?) supply affect market cap, meaning price will only reach a certain height?
not sure if serious?
and then in 5-10 years, it is something you cannot really predict, right?
unless we get to that sweet negative inflation
what do you mean stake it? i've been seeing this around but i'm unaware
and eat some high quality steak from your staking gains ;)
no worries, i had the same question when i started looking into eth.
correct. eth will become one of the 64 shards of eth2.0 post merge so the history is preserved. and current holders of eth do not need to take any action.
it's a coin name. dca, hodl, dyor, all coins
strictly speaking, dca is done on a timescale, irrespective of price
dollar cost average as i understand it, is you decide how much you want of something, like . instead of buying it all at once though, you spread it over time, like maybe . you'll never hit the bottom of a dip, but also you never will buy right before a peak and lose 50% of your money the next week. not sure what you are asking about the percent.
you are right, the merge does not solve the fee problem. layer 2 solutions will do most of the heavy lift with a bit of help from eip-1559. afterwards, sharding will help the most with scalability.
it's because with the eip thiscarding miners for validators we're also switching to a basefee+tip model instead of an auction style model where the current highest bid is all guesswork.
you stake in order to earn interest on your coins, and to secure the network.
stake means letting 32 eth be locked in a node to process transactions, and if you tried to process any malicious transaction 30% of your eth would be slashed or burned. that’s how it can be just as secure as pow, you try anything malicious your assets get burned. so yes when you delegate to a validate (if you have less than 32 eth) you do run a risk of it being slashed if the node.
they say it will in august, doesn’t mean it will. especially considering smart contracts have been just a few months away for a while now.
it’s already out since december 2020 with phase 0. now it’s just about performing the merge later this year.
the nintendo switch has been absolutely crushing it, and i love mine. the nintendo switch isn’t just a success; it’s a potentially historic device that will likely end up ranking high among the best-selling video game consoles of all-time. great fun with some friends at low key bars.
my grandmother would say "playing nintendo" regardless of whether it was dreamcast or ps1 or xbox. that's the point. thinking that nintendo is literally the only thing.
what changes are you referring to?
i bet you tried to storm area51 too.
shut off ethereum through aws? isn't it way less than 50% of ethereum nodes on aws? won't the other nodes just become the whole network?
you can use layer 2 scaling solutions on ethereum already. they can scale up to around 3000 tps and with ethereum 2.0 with sharding these l2s can handle 100.000 tps.
layer 2 solutions vary in implementation, but they are basically moving most transactions offchain and only commiting to the main chain when necessary. you could for instance use loopring right now to trade coins at negligible fees, uniswap will soon be on a l2 called optimism, etc.
layer 2 does not refer to eth 2. eth 2 is what people refer to the switch from proof of work to proof of stake (what op is about). layer 2 is a blanket term for blockchains that are not ethereum but are connected to ethereum and use the ethereum network. for example, a layer 2 blockchain my have lower fees, so a casual user would make transactions on layer 2 instead of layer 1 (layer 1 being the actual ethereum blockchain). ultimately, the layer 2 will transactions get processed (in a way) on layer 1, so you're still using the security of ethereum, you're just avoiding the high gas prices and transaction times.
came to say this,,,,and it is been said.
thanks for sharing info on this great project
can someone explain how "voting" works? for instance if a billionaire buys a ton of eth and does nothing with it. how is he actually "voting" or proving any concept by just holding the coin?
the number of miners has no effect on whether mining itself will die or not. edit: it will most likely just be unprofitable for the average miner.
is it still somewhat viable to mine eth on your own today rig today?
ya we had a correction coming anyway. he may have been the straw that broke the camels back. in the grand scheme it may not be a bad thing at all. it’s a good time to accumulate some coin at a lower price.
that’s not a knife…this is a knife.
if you want to learn more about fundamentals, check out the bankless podcast this episode is long, but a good one to get started with:
afaik currently you need a certain number of eth, like 32, to be a validator and be rewarded just for owning the eth. moving to pos removes the minimum eth ownership.
it means the algorigh has been made in such a way that an asic cannot be built that works better than consumer hardware. moneros algorithm randomx mines better on cpus (ryzen) than on gpu's. your tippy top of the line threadripper will get you ballpark of 60kh. specifically difficult in a way that cant easily be designed around if an asic cant be made that cant beat that 60kh(plus mobo ram and cooling power) power draw at the same hash then it can be considered asic resistant.
> miners do not have a free lunch to make up the bitcoin rules as they please. they tried that in 2017 with over 80% of the hashrate and failed miserably. > >this is why bitcoiners give other projects a hard time that do not run real full nodes and is why bitcoin avoids chain bloat and big blocks. when users can cheaply run a node and be apart of the network they have influence.
how? just find some cheap electricity and buy some asics and connect to a pool. will the rich get richer? only if he is also intelligent enough to compete with other miners, and up to some point... scaling a mining facility is no that easy. in pos you just need to have the money. nothing else.
the big time miners thought they could create the rules in 2017. tl;dr: the speculators proved they were in charge; bitcoin adopts whichever rules the market predicts will be worth more.
i think op was talking only about decentralized governance. bitcoin full nodes are cheap, not hard to run, and as uasf demonstrated, wield considerable power.
where have you been. miners do not have a free lunch to make up the bitcoin rules as they please. they tried that in 2017 with over 80% of the hashrate and failed miserably. this is why bitcoiners give other projects a hard time that do not run real full nodes and is why bitcoin avoids chain bloat and big blocks. when users can cheaply run a node and be apart of the network they have influence.
you are talking about something different.
miners do not have a free lunch to make up the bitcoin rules as they please. they tried that in 2017 with over 80% of the hashrate and failed miserably. this is why bitcoiners give other projects a hard time that do not run real full nodes and is why bitcoin avoids chain bloat and big blocks. when users can cheaply run a node and be apart of the network they have influence. you do realize that bch uses asic's too right?
>pow is only touted as superior by people who do not know anything about the engineering behind cryptos. you cannot be serious. they very people who created "crypto" chose pow over pos.
so you're saying that with pos, everyone who owns the coin has a right to governance the chain?
sry i only have so much time in a day. check my post history, i have spent hours responding to questions trying to educate but it just ends up being a waste of time, they do not want to hear it.
you need 32 eth to stake on your own, why does everyone act like they dont know what staking pools are when they have this thiscussion? guess its convenient. sure you can buy an entry level asic for a few hundred bucks, and make absolutely nothing. you can tell because basically no ones doing it.
"buying the stake" as if everyone doesnt already own a bunch of ethereum. you dont have to run a node to stake. if that is all you got the argument against staking is insanely weak.
pow literally cannot go green as it goggles up all energy it can get. energy is the one limited resource on earth which is precisely why it gets wasted in pow. everything else can conserve energy, which is the best way to go green, pow has to be wasteful. and create all kind of toxic externalities along the way
no, i'm using metamask. don't believe me? check gas is around . i'm not saying you are lying, but it is most certainly not true that gas is hundreds of dollars.
that was not the claim.
everyone moved to stablecoins and forgot about nano. you seem very into it...it is good to have hobbies i guess? no one else seems to care though.
honestly, crypto has failed as currency. digital fiat has much improved over the last 10y. no one needs crypto currencies. just because btc was launched as money does not mean it is a great use case, in fact it is not. smart contracts are much more interesting.
binance smart chain is literally a copy, but it has low fees because it only runs on 5 nodes owned by binance. so it’s literally ethereum but centralized and it’s the 3rd largest crypto coin by market cap 🤦‍♂️
bsc is a centralized ethereum. binance are running the nodes.
not to mention there is some pretty compelling evidence that elon is one of, if not the largest bag holder if doge. it's no wonder why he is doing everything in his power to pump it.
yes, i am a very small retail investor and i cannot afford to do anything in eth... besides buying eth
you understand the us government is complicit right?
or the boring company can just make holes underground for tesla’s to self-drive at ridiculous speeds, unimpeded… oh wait….elon again.
unless he is already doing it
he's not the richest man on earth. it's putin, mbs, or xi. his companies do not make profit, it is all speculation at this point.
he actually is a fairly well known liar, for those reading. ever realize there is often a last minute email leak before end of quarters suggesting they may not hit a target, only to find out they blew by it once the numbers come out, and that would have been clear to the executives at the time of the email? that's called market manipulation, and he gets around the sec rules by claiming "leaked emails". there's his constant carrot waving for timelines of things like fsd and robotaxis. they're always just a few months away and have been for a couple years. he provably lied about solar city and solar roof. he seems to take glee in misleading the market to his own benefit. ever since all that talk about the nefarious shorting of tesla and conspiracy between msm and oil companies to destroy tesla. it turns out, all the claims of tesla nearing bankruptcy back in 2017 were true, and he knew it... around 2016, he was trying to pawn the company off on someone else. thanks to just in time production start, massive amounts of ev tax credits, favorable tradable regulatory credits, government giveaway fueled growth, and all sorts of lofty promises about driverless cars, their energy business, their vehicle markets share growth, etc..., in 3 years tesla went from being on the brink of bankruptcy, to being worth more than most major oems combined. an empire built on lies and government funding.
absolutely. evs are not the solution to the problem, they are merely a piece of it. initiatives to reduce energy consumption (mainly by large corporations), reducing consumerism and stopping shipping products halfway around the world between material source, assembly and end sale, making public transport viable is desperately needed and further adoption of cleaner energy sources. all of these are worth investing in and together solve much of the issues we face.
it's not debatable at all. evs are more efficient, the energy losses from a combustion engine are massive compared to the typical power station and losses from the grid are minimal. if you're considering when they roll off the production line sure, evs do produce 2-3 times more co2 but over the course of their lifetime the production emissions are relatively small. > but unfortunately, not on worldwide scale. this is the jevons paradox. evs are still more efficient and there are ways to curb increased energy usage. stopping technological advancement is really what you're suggesting?
jevon’s paradox is partially true and can be studied. we outconsume some saving from new technology, but not all.
dunning* but yeah i agree. he assumes he is a genius in everything he does but the reality is he is not. the less attention he gets the better imo.
there are inherent flaws in pow in and of itself. proof of stake while interesting is kind of a centralization of the blockchain as larger holders can simply buy ownership in a very fast way. i had been waiting for quite some time for a new methodology on how a blockchain should run and be autonomous. the chia project and their proof of storage is probably the most innovative idea for blockchain tech. will be interesting to see where the project is in a few years. doge is a meme and it kinda always will be. people have made tons and tons of money off the meme but at it is heart that is what it is. i have friends who literally could not tell you what a blockchain is who have made more money off doge than i have off crypto in years. it's a meme in a world where the fed prints money endlessly so everyone is flush with cash. can it keep going sure will it ever be accepted be veterans as legitimate unlikely.
lol it depends on who's judging them i guess. i'm sure your buddies do not fact check you but a coworker or boss is far more likely to.
if you knew the max price of eth and it was x amount more than it is now… don’t you think everyone would be buying it until it hits that number?
the dollar has an unlimited supply. the euro has an unlimited supply. even bitcoin with it limited supply can only grow so far. it could double in value. it could grow tenfold. but it could never realistically grow to 10x the current global money supply.
it’s all perception. as long as one person is willing to sell one coin, and one person is willing to buy that coin at a given price, market cap just equals circulating supply times potentially infinite price, so potentially infinite market cap. there is no upward bound to price.
here's a good one to figure out the approximate value of eth if it hits a market cap of .
1. "unlimited supply" is a meme from bitcoin maxis for a lot of coins, even doge. the connotation is that they pop out of thin air like nothing, but all the large caps have commodity like inflation rates. 2. it will become possibly deflationary with eip-1559, the cliffening (like 10 halvings in one). if not deflationary the goal is to keep inflation sub 1%. 3. fiat has no bottom, so crypto has no top.
if eth goes to btc's all time high it will actually over over 9000.
yea no one knows how crypto will go. do we get mass adoption, do people stick with bitcoin because its the safe name, or do people gravitate towards better tech? or do the meme coins take over and turn crypto into a cheap marketing war?
if you are on coinbase it is pretty easy to stake into the eth2 pool by joining the waitlist. otherwise, you can transfer it to blockfi or other wallets and that allows staking would be the easiest. research it a bit.
whatever you’re selling i’m in
exactly. sunday is my dca day ![gif](emoteemo_pack_1arrow_up)
elaborate an example would be great
over time how do you decide when to make the next buy. let's say you put in , how do you decide when to out in next 100 dollars an example would be great
i will see if i can read about that... getting rid of the guess work and over bidding with fees sounds good though.
eth, the industry standard, costs . cardano is going slow to get it right. we’ll see which of us is correct.
glad eth decided to use the pos system like cardano ;) they’ll lose lots of market share if cardano really is able to launch smart contracts in august.
i will never deny the power or success of the switch but... when people talk about video-game it is the playstation that is the generic term used
[here's one article about it](
got it, thanks for the writeup. why wouldn't people migrate over to layer 2 en masse if layer 1 costs continue to go up? seems like they can use the ethereum network and pay lower fees that way. it's not a worry?
ergo is so slept on. glad it’s finally getting some attention.
i’m using my gaming pc to mine, and electricity is cheaper for me this time of year. i spent ’ve made 0.2 eth in 3-4 months of mining. it’s way less profitable now than it was, but you’ll probably turn a profit if you already own a gpu. you can check [whattomine]( to see what is most profitable for you and how much you’ll make a day.
two weeks ago it was insane. i had my old 1080 and a radeon 580 cranking out . i upgraded to a pair of 3070s ( with about 2.3x the net hash rate ) and i’m barely clearing .
depends on what your rig is. one gpu? maybe, if it is newer. more gpus? fuck yeah it is.
yeah, earlier someone was showing eth has always had a pullback of 20-30% after a 50% gain during this bull run. this was before the recent dip. very accurate.
to add: small time miners are more thermodynamically efficient, especially if they have a use for the waste heat. as asics commoditize, they will eventually dominate the market.
you realise it is much easier for a large operation to negotiate cheap energy than for an individual, right?
>they very people who created "crypto" chose pow over pos. this is such a bad argument. first off, modern cryptography has been around for decades so do not act like nakamoto invented that. hell, he did not even invent proof of work, it was invented as an anti-spam mechanism for the email program called hashcash. he also did not invent blockchains, those are credited to cryptographer david chaum. second, just because we have pow does not mean we cannot have better alternatives. you are literally arguing that we should not innovate on cryptocurrency systems simply because nakamoto designed bitcoin that way. by your logic we should all be driving around in ford 1903 model as because that is the way the first iteration of the car was made. seriously take some time and think about some of these arguments because they are not working for you. you say the inventors of crypto chose pow; in case you have not noticed, most of the current crypto innovations are being made by pos systems.
i’m not sure if that’s how it works with all pos systems, but that’s generally how you’d want to go about it
no, it is ok. bitcoiners always go "haha you do not know shit, but i do not have time to explain". you are not the first weaseling out.
sorry to be unclear, i'm comparing staking >0.01 eth with rocket pool to investing in a business. i do not think it is a significant problem. how do we detect the percentage of "unknown" miners that are basement nobodys where the electricity happens to be cheap? i thought part of the appeal was the anonymity.
stablecoins r not cryptocurrencies... lol. i’m talking about cryptocurrencies, not centralized database technologies like stablecooins 🤣🤣 like i said before, when comparing all decentralized open source cryptocurrncies nano stands out as by far the superior digital cash solution. you seem to be triggered by that, and i guess that’s why you keep sadly trying to reach for straws to find ways to thiscredit nano. you are a sad sad case
if you’ve given up on crypto as currency then you’ve given up on cryptocurrency. so idk what you’re even doing here... you don’t belong in the crypto community
yo that is me
somebody toucha my spaghet
21 nodes, 11 of which are owned by binance lol
matic on the other hand is a decentralized l2 solution with even lower fees than bsc
will eventually go to show that all we want is convenience and to save money.
it’s actually a modified version of the cosmos sdk and tendermint customized to be evm compliant which is how they deploy ethereum dapps. it’s a proof of authority network with expansion plans to eventually be an open-permissioned proof of stake network. sort of a hybrid between an enterprise blockchain and decentralized blockchain.
if it wasn’t for bsc i wouldn’t know what i do about defi and wouldn’t be able to use anything. everyone knows it’s a problem but it’s also the only way to dig into crypto to it’s full extent.
blockchain for the win!
while eth fees are as stupid as they are, i'm happy to use bsc. just paid 60 in fees for 1 tx the other day
i did not know that. i've been here for years and keep learning shit. of course that news is not what i want to here.
doesn’t bsc run on the ethereum network? my bsc tokens are in the same wallet address as my ethereum
running on evm is the genius part because it made it easy for projects to move over to bsc. creat an entirely new vm and you end up like ada with no developers and no projects running on your blockchain.
the chinese love a copy and paste job.
lol welcome to the decentralized internet. heard that crypto.com did the same thing to someone else, essentially. truth?
you’re actually spreading thisinformation here. binance smart chain uses a modified version of “tendermint” which is a cosmos sdk coin that has been customized to be centralized. bsc is proof of stake. eth as well all know is pow.
they did not tell everyone to go to bsc, then invest all their resources in eth and claim they saved eth though, right? i wanted to know what they did that was the same as that guy's scenario.
it seems the largest one is robinhood.
that doesn’t change the point i was trying to make, he’s clearly ultra rich , the rank doesn’t matter
you might be amazed at the number of people who think the answer to all our problems is everyone going back to hunter. i do not know if that is what's going on here, but there is a silly suggestion that jevons paradox proves innovation can only lead to more problems.
evs are more efficient but is the carbon footprint of an electric car the same as a combustion engine? how much energy does it take to build a tesla versus a conventional similar priced car
tech advancement is reducing the need for individual vehicle ownership. there should be no argument against that or for settling on two evs in every driveway. continuing the pace of private vehicle manufacture, just with new power trains, is not the best we can do. another small step is autonomous drive. this will allow for the reduction in total vehicles necessary through ride share. some ai traffic simulations estimate an 88% reduction in for-hire vehicles by switching to this model. that's about 90,000 cars no longer needed.
you're right in that there are flaws with both pow and pos; the former is wasteful. there have been some good projects like cardano that have addressed these issues well, but nothing is perfect. i'm excited to see what solutions people develop in the future. as for doge, being a meme does not make it any less legitimate of a project. simply because many people do not understand exactly what it is does not change the fact that in a matter of months its seen more adoption and use as a currency than any other crypto. having a healthy float and steady rate of minted coins makes it much more usable for every day transactions (for example, buying something with 5 doge instead of .00013 bitcoin) just saying that something is a meme does not negate the fact that people are using and adopting it, and it does not change anything about the development or the protocol. being closed off to the fourth largest crypto in the world for those reasons seems a little silly.
holy fuck what language was that??
so, in the case of eth, as it does not have a limited supply, essentially the more coins that are mined, etc, it is value cannot, as like you said, its market cap cannot. (if i've got this wrong, please someone correct me!)
so essentially 2-3 times it is value now? or am i reading it wrong?
what risk is assumed when stealing on coinbase?
thanks! i appreciate the response!
ugh i've already burned so much transfering to cold storage. now i gotta burn more to put it back on coinbase to stake it haha.
i mean, there’s not really much to elaborate... but for example “i buy every wednesday”, or “i buy the first sunday of every month”
you set the schedule at the start. the schedule is kind of arbitrary, the wider you spread it out the longer it takes but the less risk you incur. the main thing is to just stick to it. you say i'm putting in , rain or shine, and regardless if it is up 5000% or down 5000% you keep putting in that . ' nobody knows the future, but the dips do not hurt as hard as if you put in % the next day.
the point is to reduce stress by avoiding that decision entirely. so you follow a schedule.
the guess work is exactly the same with the tips. just a little smoothed out because of the burn.
ada needs more than smart contracts to pose any threat to eth.
rollup solutions like optimism and arbitrum will be out in the next weeks and cut down a lot on gas fees. my money is on the network effect favouring eth.
why? what does it offer that you can’t do on ethereum already today? it’s not like there are no other smart contract platforms already out there.
that really does not set off as many alarm bells as you seem to suggest.
layer 2 will still depend on layer 1 (ethereum), so ethereum is still in demand.
wow. too bad i only have 1060 and no way to find even 3070 available.
yeah, i literally meant just one rig that people usually have. my 1060 is getting older tho. wish i could find 3070 tbh
>this is such a bad argument. first off, modern cryptography has been around for decades so do not act like nakamoto invented that. hell, he did not even invent proof of work, it was invented as an anti-spam mechanism for the email program called hashcash. he also did not invent blockchains, those are credited to cryptographer david chaum. i literally never said or implied anything you just said. amazing as this is supposed to be your rebuttal? satoshi solved the byzantine generals’ problem by combining pow with blockchain. this is common knowledge and in no way takes away from what he did like you are trying to portray here. >you are literally arguing that we should not innovate on cryptocurrency systems simply because nakamoto designed bitcoin that way. again you are totally projecting things on me that i never said or implied. >by your logic we should all be driving around in ford 1903 model as because that is the way the first iteration of the car was made. you mean your logic. i never said any such thing. are you starting to see a pattern here. i just said pos does not offer the same decentralization of governance as pow. >seriously take some time and think about some of these arguments because they are not working for you. you say the inventors of crypto chose pow; in case you have not noticed, most of the current crypto innovations are being made by pos systems. you literally just had an entire argument with yourself... bravo. and yes satoshi and the bitcoin devs chose pow over pos because it is better. it's not like pos is anything new, its been around along time. all these new innovation are experiments. most of them will fail and the ones that do not would not have decentralized governance.
check my post history, i literally have had 10 post thiscussions with people like you that go absolutely nowhere. you are the weasel.
yeah right. that's never a simple send tx for eth or some erc20. <- here, this is how gas looks right now. you are showing some heavy smart contract interaction.
clearly you have not used dai no one is triggered. we just are not tied to a clearly dead coin that is not going to be adopted. i wish you the best but you need to move on. everyone else has.
you are not the gatekeeper here, my friend. crypto has evolved into new and interesting technologies, but please tell me where it had been successful as money? 2010, smart phones were not in everyone's pocket, but now, digital payments are an everyday thing. and they work better without blockchain.
this shit right here just made my night 🤣
who owns the rest
is that why matic has been on a tear last couple weeks? it seems like every time i look at it, its up
no it is also a real requirement for crypto to be a viable currency. crypto uses far too much energy in generation and in trading to ever take over without changes. if centralising is what cuts the energy costs then that is just what is required. simply mining crypto currently measures in entire percentage points of global power usage. add trading to that and ask yourself how that could possibly take the place of even a quarter of all traditional money transactions.
exactly. eth's defi is attractive in theory but i do not think the vast majority of users will get to enjoy the benefits of smart contracts in any meaningful manner. meanwhile everyone instantaneously benefits from convenience and low costs
yes, i'm sure an entire ecosystem with billions in daily volume is going to instantly vanish the second eth launches v2, that is entirely logical.
binance is a pain in the but to deal with so if i need smart chain to buy for instance my speculative coin, safemoon then i just buy bnb from simplex.
don't wreck people's binance hate boners like that man
right. i have more money on bsc than anything else when it come to defi. i am out of cake now because of the stress but god was it profitable. i will give matic a shot after my little vacation. cardano ecosystem is what i am really excited for.
you know paypal transactions are free right?
no, separate networks. if you send a bsc token to ethereum, or vice versa, you might lose it.
no, it is not.
i’m pretty sure robinhood came out and said that it’s not them
i would be happier living a life as hunter gatherer. a lot less work and stress.
this article does a pretty good job at explaining it: but basically it varies to around the same or slightly more to manufacture an ev, depending on the car and where it is built (places powered by more renewables will have a lower footprint). but an ev will quickly beat out a conventional car in terms of its lifetime emissions because energy generated in the grid is always more efficient than energy generated in a car using the equivalent fuel. it also helps move the carbon that is emitted out of cities and away from people, and that carbon will begin to drop significantly over the next 10 years, which easily encompasses the lifetime of most evs around today. from the article, emissions in the uk from energy generation are predicted to fall by 70% by the mid 2020s, which is why it is crucial we electrify as much of our infrastructure as possible to compound the benefits
> if you're considering when they roll off the production line sure, evs do produce 2-3 times more co2 but over the course of their lifetime the production emissions are relatively small. i already addressed this. over the course of the car's lifetime, the carbon footprint of an ev is a fraction of that of a non-electric vehicle.
but really being dead serious had elon chosen to meme another coin it would have likely had the same effect. doge is just fun and lots of people enjoy that aspect. the same goes with something like gamestop or amc. sure from a purely business, revenue, and future profits pov they are not sound investments (though ). but none of that matters right now there will undoubtedly be another meme this summer that catches like wild fire its just the way things are atm.
that's correct. as more coins are created, there will just be a bit of inflation. and that is a good thing. it thisincentivises people to hodl indefinitely. it stimulates spending the money; driving the economy. it's the fairest 'tax' of all: it is a flat rate and there is no way to escape it, no matter how rich you are and no matter how many lawyers you can afford to find legal loopholes, withholding vast amounts of money from flowing through the economy will always cost something. with eip1559 coming up, the transaction fees will be partially burned, which means that some ether will be permanently deleted from existence with every transaction. this could cause ethereum to become deflationary
that's correct. you'll want to read into what a market cap is. (market cap) = (price per coin) x (number of coins) you can use this formula to compare coins. there are also online calculators you can use to compare coins price're not math savvy. basically if eth was at btc's market cap when it was 64k then each eth would've been around 3x it is current value, or around 9-10k (am on mobile so do not have easy access to do the math).
> stealing i'm guessing you mean staking here, but the answer is none. you just cannot touch your funds until coinbase allows you to. but if you're hodling like me anyways its not an issue.
what if it is a tuesday but it is a leap year?
oh so irrespective of the price? thanks i thought you buy at a price, and then make the next buy if it reaches like +20% or dumps to -10% (percentages of our choice)
like building it based on peer-reviewed research? i’d be very uneasy of i were an eth holder. also, is it true that you can lose your eth by staking it?
the chinese thank you for your support.
or algorand or tezos. just not etherium.
why not? cardano isnt some unknown way down the list, it is and made it as easy as possible for dapps and smart contracts to migrate over. the multiple white papers it has get mocked but it proves it can scale to billions of users and avoid a 1.0 fiasco that eth currently finds itself in. any developer on a chain would be stupid to keep their business on one chain. kinda like how game devs release games for multiple consoles and pcs. devs releasing programs for windows, mac os and linux. cardano is not going to kill eth, but eth is suddenly gonna have to keep justifying itself to developers as will cardano. they'll be multiple cryptos in this space offering similar things and we should all welcome that. i do not want eth, cardano or dot to have a monopoly and neither should you.
i tried to buy some eth tokens and if was like . that sucks. also it’s not very decentralized.
i bought two entire pcs to get them. granted, one i was going to buy anyway because my desktop workstation is 8 years old. i harvested the two mediocre spec boxes into one decent pc plus a "spare" 3070 an i9-10850k. sold the cpu on the open market and "sold" the second gpu to myself to put in my gaming pc. all legit - i charged myself full retail for the 3070 so there is no irs worries :-d
heh. yeah, 1060 is about the lowest you can go at this point and still make any profit. but it is still only around .
yeah that’s true, i wasn’t intending to imply he didn’t invent the worlds first decentralized cryptocurrency; and pow was novel at the time. but it isn’t anymore. in fact, the scalability problems with bitcoin and ethereum are holding them back tremendously. but you were saying that pow is better because that’s what nakamoto chose for bitcoin. that’s just begging the question; we shouldn’t stop innovations of technology just because things were done one way initially. i’m pretty sure pos what not around at the time bitcoin was invented, and that’s one reason why pow was chosen. it was novel and there wasn’t much else. but if you look at the way it works, it uses a stupid amount of electricity to accomplish what pos can do for almost nothing in comparison.
0 eth transaction, heavy smart contract interaction...you do not see a problem here?
if i try that rate i get this.
no one gives a f about stablecoin son... wake up. we're here for decentralized trustless open source digital money. something pegged to anything is meaningless in the crypto world. nano is the digital cash solution for the time being, if another coin takes that pole position fron nano at any point then i will trade my nano for that coin as will all other nano fans. we're not religious about nano, we're religious about the original ideals of bitcoin which is p2p decentralized money. dai... you seem lost
yea man, i fucking do love reddit sometimes ahaha
random entities. bscscan aka etherscan owns one. certik, a major auditor owns another. technically anyone can be voted in to be a validator, it takes about 50k bnb worth of votes.
i have about 1000 polygon coins i bought two weeks ago, i am happy
i’m guessing so. i became a true believer in it after seeing how defi apps like aave, sushiswap, and 1inch are soooooo much more usable for us regular non-whale folk on matic.
defi on matic is blowing tf up as well. total value locked has gone from . tons of active shit happening on matic right now.
it’s one reason. they’re also onboarding projects at a breakneck pace. aave is gonna run through them. egypt’s entire import. those are a couple off the top of my head.
ethermine will switch into polygon payments for small miners who cannot get 0.1 in a reasonable time. said pool is second largest eth pool by hashrate. i'm sure there is other large adaptors too, but that should bring visibility to it, as ethermine is highest by miner count, 300k.
it will never take over as a currency. when i buy coffee with dollars i don’t have to report that transaction to the irs.
bsc is not defi because it’s not decentralized. cz can take all your money if he wanted too. it’s regular old centralized finance but with a (centralized) blockchain.
can i use paypal to do a token swap?
you cannot withdrawal crypto from paypal
but i just checked and my ethereum address is identical to my binance smart chain address. i’ve sent both eth and bnb to it.
they did. they buy and sell on the customers behalf, but do not have a large wallet of their own to act as a reserve. that's why they have had issues during doge surges and drops, they cannot make the buys .
i do not think that a hunter from that period worked less than the average modern person.
then you remortgage your ~~house~~ wife and yeet into safemoon.
no the whole idea is you are averaging the price regardless of what it does. if you are waiting for a certain price movement you’re trying to time the market, which is something else. i suspect what you are after is buying the dip, and for that i personally would be looking at -20% on the 7d and then possibly additional buys on every -10% on top. but it’s a lot harder than dca.
i love these posts. so sure your flavor of the week is going to overtake something that is nearly already a standard for crypto. sure, we're all going to buy into ada because of your subtle "pump my coin, suckers" posts! to be fair, not quite as bad as subtly mentioning some no-name coin in the middle of a list of known coins. that's my all-time least favorite.
i’d be uneasy as an ada holder since it’s largely hype right now.
> i’d be very uneasy of i were an eth holder. also, is it true that you can lose your eth by staking it? the irony here is so strong. claiming folks should be uneasy about holding eth and then immediately showing you've not even researched simple questions about eth.
wow, so ada arrives at a point that matic, xdai, avax and others have reached long ago, building a token bridge? i better sell my eth right now
oh, you know the latest? eth is going pos and chinese miners will have to do something else while the network effect still favors eth.
there are already many smart contract platforms and having evm compatibility and converters also isn’t anything new. still don’t see what makes it special.
why not use a rollup like polygon, optimism etc? fees are pennies on polygon. how are layer 1 fees going to be any better on cardano when the transactions it can handle is not really much higher than layer 1 ethereum today? what sets it apart from all the other smart contract platform that already exist for quite some time and actually have working smart contracts?
ahh that indeed seems to be the only way these days, prebuilt pcs. i kinda hate that retailers opt for this rather than selling them alone, but i get it...
so you're telling me i can have gains huh! also, what about today specifically? did you see the charts?! is crazy
i do not even know what kind of transaction you are doing. all i know is that it cannot be a simple send, and comparing smart contract calls (which ada does not support) to sends is apples to oranges.
you clearly have no idea what dai. it's sad really. nano is dead. people use stable coins to move fixed value between two people. you may want nano to be what is most used but it is not. nano had 200m in volume over the last 24 hours. dai had 623 million. so much for being number one.
c'mon, bunch of lies, i turn 100.
in a high school mathematics class i remember a classmate arguing with the teacher about the amount of credit he received on a test question. he had written the correct solution to the problem, but his work leading up to it was completely wrong. the response by the teach went like this: "imagine you are sitting at a baseball game and the ball comes soaring out of the sky and lodges itself in your head...yes, you caught the ball, but no one's going to be running to scout you". edit: basically, yes, they caught the ball. no, they should not be now coaching.
you mean to say "to the moon" is not good financial advice?
i do not take too much actual financial advice from this sub (aside from staking), but it is fun to browse the hot takes. i got burned in 2017 and am more careful now with what information i trust online
some people here need some more personal finance knowledge for sure
>let me begin by saying that if you invested ,000 in bitcoin when it was first released, you are most likely very wealthy today. you're also probably insane if you're still holding it
this is the problem with most reddit subs: people who just got into something last month are answering questions and giving advice when in reality, they’re still a complete beginner and understand about 0.1% of the subject matter. some subs try to address that through some sort of a verification process, not sure how that would work here though.
while this is true, there is also some excellent investment advice in this sub. \- dca \- don't panic sell \- only invest what you are prepared to lose. \- dyor \- realize that all of the crypto related subs are echo chambers you just need to be careful and do not fall for the people hyping shitcoins.
today’s a green day bud. this is a red day post.
the subs filled with folks giving out sage advice with no experience. this post is kinda ironic.
this subreddit has been *consistently* wrong with the vast majority of advice it gives. literally the whole sub bar about 10 people were vehemently against link when it was only -2. i decided not to buy because i was foolishly convinced about the 4chan stuff, and then as it turns out, link is actually an incredibly valuable crypto and very useful for any smart contracts platform. now it is like -40. would've been easy money. never again, reddit.
so, it is either going to be the future or it will be a bubble. so it can either go up, down or sideways. sounds about right.
op: don’t listen to anyone it’s all speculation also op: crypto is a bubble and it will come to and end
while i do not thisagree with the premise, you're extremely new to crypto yourself and judging *every post ever made on an 8 year old subreddit* by your experience in the last month of using it is kind of silly. i wouldn't take the trollboxing of the daily or comments in random threads as gospel truth, but you comparing the cypherpunks who came 11 years before you to pioneer something you're only starting to learn about to "magic beans" is equally nonsensical. you're learning yourself, to thismiss any and all knowledge and chalk up what's been done before you as sheer luck is bollocks. yes, there is bad advice here. it's reddit. you get bad advice here, on , or from your local stock dudes. filter your expectations and always be skeptical.
>we all know how that ride ended too bad that internet-thingy never came to anything
you say “worst investing advice” as if that’s a bad thing! buy high, sell low, this is the ape way. because i hate money.
if you buy lottery tickets you are betting on luck. if you buy crypto, you are betting on winning big or losing a little. wankers who whine about paying capital gains tax, means you won more than you invested. lots of capital gains tax means you won alot. cost of winning is like cost of goods in a store. you have to buy crypto to be able to sell. i apologize if this is known to you.
i do not know what your talking about but i just doubled my initial investment, and all i had to do was deposit another . boom doubled to .
you couldn’t even invest ,000 in bitcoin when it was “first released.” you do understand there was zero pre-mine, and it was open source code uploaded on the internet for anyone to run for a year before… well… anyone really ran it. satoshi mined a million coins and then left. every 10 minutes a block minted 50 bitcoin and credited it to the miner who mined the block. this was all done on a personal computer at this point, and there weren’t much in the way of exchanges. bitcoin’s adoption occurred as a grassroots movement. organically, over a decade. if you “invested when it came out” odds are you cashed out at multiple points before making it to “billionaire”.
people who got into bitcoin early cannot be equated to buying a lottery ticket or magical beans. they most likely researched bitcoin and believe in it as a technology before they decided to invest in it. i get what you're saying and for the most part, i agree, i just do not think it is fair to thiscount early adopters as only being lucky. i did not get in early btw. i knew about it but did not invest because i was not willing to learn more about it. that's why i respect those people, they actually took the time to learn about it so they deserve what they got. in the future, i will be more vigilant with upcoming technologies, etc...
you lead off by saying that everything you read here is terrible advice and then proceed to give the same advice i've seen in dozens of other threads over the last several months. literally everyone tells people to minimize risk by diversifying and by dca'ing and by having an exit plan and to take profits when it makes sense to. tell me how your advice is new or different than all the 'terrible investment advice' you've seen in here? dyor, diversify, dca, plan, talk to a financial advisor... these are all very common pieces of advice here. i fail to see how this thread is new or different in any way from the ones it claims are terrible.
i am warren buffet and i approve this message
>diversifying requires diversifying in a completely different asset class. this. far too many people on the internet are bringing gamer-style fanboyism into investing, which is eventually going to end very badly for them. it's not a case of crypto vs stocks vs bonds vs commodities because they are not mutually exclusive. you can invest in crypto and stocks. sure, digital gold is good, but real gold is good as well. please, make your investment decisions based on analysis, not based on confirmation bias from a fanboy subreddit.
what about buying stocks using crypto like on binance lol
i lived through the dot com boom in san francisco. i was a cabling contractor, and i had 2 great experiences that sum it up. 1. an electrician on one of my jobsites was bragging about having made hundreds of thousands of dollars on the day trading game and living with his mom, he was going to retire by 30. he got out at . didn't retire, but accepted his "losses" 2. i had an apprentice who was working for me ( i was 24) he was in his 30's and i asked why he got into the trade so late. "i was a millionaire day trading, worth .4 million and when the bottom fell out i made ,000 total off my portfolio i needed to get a job. best thing i did was take my girlfriend on a cruise for ,000 when i was up"
post is good. in for more magic beans, please.
folks here doesn’t want advice, they want moons.
yeah this sub is straight trash lol.
is this a post just because you invested in bitcoin when it was 60k and now it went downhill from there?
sorry cannot hear you i just bought 100k in doge.
your advice is valuable because of your reputation? experience? training?
how come you can give people advice while shitting on everybody else believing they are some investment guru? if you follow someone blindly without any further research you are doomed to fail. but that does not mean you cant use this sub as a means to thiscover other options and ideas. the important thing is you use those ideas and see if they are positive or negative.
so the lesson here is never to listen to what these guys on this subreddit have to say about investing in crypto.
i’m going to take your advice and agree this is another post with bad advice.
dude there are 3 million people in the sub, each with different backgrounds, views, gain, loses, etc. idk how tf do you summarize all those opinions.
who told you to follow them.
i think that the dot-com bubble is a very relevant comparison here. most dot-com companies failed, even though some of them had good uses like [pets.com]( i think this is similar to what will happen with crypto eventually, where most of the shitcoins will thisappear and even some reputable projects will fail as well.
if this sub is full of crap investment advice and op posts this advice in this sub, that probably makes op’s advice crap as well. shills everywhere. everybody in this sub has some kind of skin in the game. including op. heck, including me. my strategy? just think for myself, take my own decisions and take responsibility for my own, usually crappy, choices
wow you said lot of dumb shit, you smell like fud . if you mean to say most of the people on this reddit page dont know shit thats pretty obvious you dont say.
your mom is warren buffet
that guy who told me to mortgage my house and buy shib while it is low was lying to me? get the fuck out of here!
only sissies put ,000 into an unknown speculative investment. ,000 or ,000 or more is where dreams and nightmares are made of. just remember if the losses ever get too great just commit yourself. 3 hots and a cot with padded walls and you never have to face the losses. hell if your psycho enough you could probably get a phone smuggled in to start trading on somebody else’s robinhood account in the mad house if you’re savvy enough. 😵‍💫
you're literally one of them. no, if i had put 1k into bitcoin when it released i would have probably sold it when it went 2x - 3x because that is how investing works.
> we all know how that ride ended, and this one will as well. compares dot.coms with crypto coins. > lastly, if you have the money to do so you can manage your risk by diversifying. regurgitates common knowledge of investing. i think we can take your advice here and say your post is not worth more than anyone else's. lol
and i thought diversification means to buy the same on multiple platforms
this. the logic on most of these crypto subs confuses a positive outcome with positive decision. it's possible to make a shitty decision and have a good outcome but it is still a shitty decision. theres a lot of "buy the dip" talk from people that are not qualified to identify what is a temporary dip and what is a true downward trend. i saw someone say "diamond hands, you only lose money if you sell" and i was just like what if someone is holding bitconnect, did they lose their life savings or are they still good if they do not sell? i'm into crypto but i'm also realistic about this and invest with the understanding that it is a gamble. mostly, i'm so tired of the groupthink in the crypto community and the school house financial advisors.
you know what this guy is right but he’s also wrong lol
lol who pooped in your java. relax man, and ride on the tide of natural selection and the freedom to burn ones own money if one so chooses. fingers crossed we remain a democracy. lol
is this… investing advice?
i honestly do not think wealthy people are on this subreddit at all. i mean, if crypto makes me a millionaire with the financial freedom to do what i want, i'm sure as shit not going to spend my time giving out unsolicited advice and opinions on the internet to strangers to help them get rich too. i'd have simply gotten lucky, and would rather spend time travelling, with my kids, and with my untouched hobbies that pissing about on reddit.
lol this shit is why i and many others aren’t *very wealthy* even though we bought btc crazy early. because we listened to shit like this instead of just waiting. i put the monetary equivalent of movie tickets into btc here and there, way back when. then panic sold at ’t take the constant worry that people were right and it was going to collapse into nothing soon. a decade later, i’d rather watch my money go to zero like it does every other way i spend it, rather then calculate how rich i’d be if i didn’t let people’s bullshit impact me.
berkshire hathaway has entered the sub
you sound like a angry old man
that's where the dyor comes in!
hit it right on the nail comparing crypto to magic beans
there’s an awful lot of assumption in this post.
so what you are saying is i should buy more shiba inu?
i’ve been here a while and something i cannot believe so how i have not seen anyone try to tell noobs about stoplosses even once, even with all the “noobie advice” i see here every day. this sub seems to be for convincing people that: they should not sell because the market is in a bull run so go out and help get the market up for me, pumping coins (nano seems to be the new botted spam coin), humble brags where someone is writing a post to a coin thanking it for their new house, car, etc, and how elon musk fucked our moms and is an evil goblin. i do see something worth a fuck sometimes so i stick around.
let’s just hodl our coins
i feel like posts are becoming the same thing with different wording. kinda like how you would copy your friends hw but change it up just a little bit
who is this wwarren buffet guy everybody talks about!? does he have a youtube channel !
how about this, never take your financial advice from reddit! not just this sub but any sub on here. learn the facts and then make educated decisions.
“you’d be stupid not to have money invested in tulips at this point.”
exactly. if you invested 'm doing.
my mom told me one time when i was giving her financial advise. “how many millions have you made?” basically, don’t take financial advice from someone who hasn’t made millions themselves! (workin’ on it! :)
i thought the whole point of reddit was to get bad advice on any subject.
real good chance if you are super rich from crypto you do not spend your time on reddit...
i was scared to write a post like this because i thought i will be downvoted to hell so deep that my lurking ass account would be deleted and phone hardware banned. good post op 👍
anyone who listens to idiots like this are doomed for failure. it's the oldest fucking meme in the crypto space for a reason. hodl. otherwise be like the losers who believe coin telegraph that btc is going to 15k or 0 or whatever. if you do not have the balls to hodl do not shit on other people who do.
but isn’t stock market the same way i mean literally you put your money in a 401(k) and other guys invest your money and shit you don’t even know and it’s run by purely speculation yeah sure it’s a company but still it’s all speculation so instead of giving our money to the big shots on wall street and then use our money for them to get rich while we get peanuts we’ve had to take our money and investing on cryptocurrency if we lose it we lose it but at least we were in the game i’m sorry but cryptocurrency is just like the stock market.
take this sub as satire. half the posts are idiots pretending theres foolproof logic to gambling(investing) and the other half are shilling shitcoins
warren buffet is not warren buffet. along with graham, who's the smarter of them, he grew up in a world where net-nets existed and financial analysis was done by hand. those arbitrage opportunities he had exposure to for the most part have not existed in decades. after that he used his insurance company as a bank. there's a reason brk.a underperformed the last decade or so (160% to about 200% last i looked). if warren buffet was born after 1980, he would be on food stamps. >because all cryptocurrencies are highly correlated with one another this is not true anymore than the s&p 500 is really. crypto is closer to vcap than stock investing. probably 90% will fail over time and 1. of those 1, an even smaller number will become leaders.
"dot com bubble" is what they said in 2017. holding bitcoin from ,000 to ,000 to ,000 to ,000 to ,000, that is pure luck? ok bro. move along.
obligatory "be greedy when others are fearful, and fearful when others are greedy"
were you born thisabled? cryptocurrencies were an intelligent investment since creation. it's nothing close to luck, you loose.
ahh yes let the bearish posts about crypto flow. don’t forget to sprinkle in endless “i sold all of my crypto” posts in to maximize panic and despair.
crypto global market cap today: 1.6 trillion biden budget: 6t stimulus printed in march: 1.9 trillion last year money printed: 6t us debt: 28 trillion. how do you think they’re gonna pay this off? taxes? naw. printing. when you inflate money it makes debt worth less. this is just the tip too. so i dunno why people keep mentioning bubble.
give this guy some moons for trying
someone didn’t buy the dip
for all the bad advice, i did get some great advice. lessons i learned from this cryptocurrency sub: \-time in the market > than timing the market \-only invest what you can afford to lose \-diversify your portfolio (dont fomo all into one coin) \-dca instead of trying to time the market \-hodl \-take profits along the way with set profit goals \-you dont lose money unless you sell \-crypto investing is a marathon, not a sprint. invest for years not days. (5-10yrs for me) these are all things i learned from this sub. so, theres definatley good advice, especially for newbies like myself. you just have to do your own research and ive learned alot from breaking these rules and making mistakes.
diversifying ? i know i heard that word somewhere before. i’ll look it up later i’m about to go all in on doge. it going to mars tomorrow.
so buy eth and wait ten years and be wealthy ?
“i’m not a financial advisor” wasn’t added so i believe i must take this as gospel
a thousand dollars into btc as mt gox was failing late 2013 was one full btc. you do the math.
lmao. i invested in bb at the hight of it is frenzy during the first gme pump and...the price then drastically fell and has not recovered since. thankfully i only purchased one share (just for fun lol). to this day it acts as a red stain on my portfolio...always reminding me to watch what i'm doing while investing. otherwise my crypto portfolio 🚀💦
this sub will encourage you the most to buy when crypto is at its highest, and sell when it is lowest.
i'm just here so i do not get fined.
just because a guy bought bitcoin does not mean they bought magic beans. people bought in early because of the technology of blockchain and saw proper use cases for it. making money on crypto is not always a lottery. you're doing a lot of generalizing here without considering that people knew exactly what they were doing when they bought in early.
i was body building in 2011 and cycling gear. it was january and i wanted yo get four months of cycles to get summer ready. the supplier wanted me to pay with this bitcoin bullshit. real pain in the ass to me at the time. so, i transferred the 3000 dollars into bitcoin, but it fell by like 20% before i went. so i had to get another 1500 dollars worth. pain in the ass. then the dude tries to sell me primobolan instead of the test base and i’m like what is this 1976?! i back out of the deal and forgot about it. saw in the news a few months ago that it hit 50k per coin and decided to retire earlier than planned. do i know what i’m doing? hell no. i was trying to inject chinese lab testosterone in grape seed oil into my ass cheeks. i don’t know shit. but now i just dumbass myself into a lambo and a real nice house. however, i never did cycle again and i’m kind of a fat as now. maybe i should power lift?
although you’re trying to come off as informative and helpful, you’re actually giving serious and conflicting financial advice. not to mention thisparaging individual success by smearing “you got lucky” all over the place.
it is full of people who think they are warren buffet because they won a billion dollars in the lottery." ' lmfao
yeah i’m not good in investing in crypto i just put any extra money idc about on a good crypto the community advice and maybe get lucky in 3-4 years i’m not taking it seriously , its just for fun hope don’t get downvoted tho😂
no comprehend big words. dick stuck in tendie machine.
in crypto, the “bubble” pops every other day 😂
eh idk. i've dcaed almost every week this year, i'm in the positive still. maybe you are not dca, rather looking at crypto like it is a stock. it's not stock.
opinions are like buttholes. we all have one, some are rosy and some are shitty.
honestly the more i read on reddit about crypto the less bullish i am about its future. it just seems that so many people (along with the crowd that upvotes them) fail to accept any potential issues with crypto or "their coin." on the bitcoin sub you'll find 100 posts about why it does not use too much electricity. on the nano sub you'll read all about how the spam attack does not matter. on the binance sub you'll find absolutely nothing about the numerous recent exploits on binance smart chain. depending on your coin elon is either god or the devil. this extends beyond reddit and the cultish mentality is so pervasive over all of crypto that i find it hard to believe anything that anyone writes or says anymore.
the dot com bubble came and went in less than two years. crypto bubble is going on what?? 15?? when will you be right?
it's easy to invest in crypto just gotta remember green means go and buy and red is stop and sell.
wow, you thiscovered all that by yourself?
it does cover like 80% of the people who invested in crypto early on, but you are missing the point. these people still are invested even though they could have easily exited their positions on a decent chunk of profit. their conviction towards crypto is what's keeping them invested at this point.
this is some of the worse advice i ever read on this sub. such negativity and assumptions! smh 🤦🏽‍♂️
you are way off base. cryptocurrencies, blockchain and smart contracts are not a speculation train they are the groundwork for a completely new financial system. this is revolutionary technology not tulip mania.
probably one of the best shit posts i’ve seen in this subreddit
genuine advice with a funny bean analogy take some moons
buy high sell low.
i just see cringe on this post,... i was hoping to get some actual good info all i see is,... crypto is a scaaam!! dont invest!! remember the dotcom bubble
i’m very new to crypto and came in at a very volatile time but learned quickly when i made ,000 in a week and then lost it in a huge dip... that there are two ways to invest in crypto... do the work, invest and leave it or watch it non stop, buy on the dips and when you triple your money take it and put it into etherium on a dip and double it then take it out ... there are some easy ways to make money on crypto but to do this i literally had to watch it all day. my friends who invested and didn’t lost most of their funds because you have to buy on dips. i’m no professional but this is 100% correct about the fact it’s watching, reading and luck… you can see patterns if you take the time.
no wonder why we dipped from 3.7 million members to only 3 million
oh thank you so much for taking the time to illuminate all of the rubes that have been taken in by this speculation madness. this is definitely a direct parallel with the examples you learned about in econ. i'm sure no one who has invested in crypto did so intelligently. this is the wake up call we all need. i'm going to sell all of my positions and buy a nice tidy dividend folio in energy, textiles and food. that's the ticket. ps: condescending, ill-informed posts like yours certainly exemplify some of the bad advice proffered here, but probably not in the way you intended.
for reference mcdonald's is up almost 100% over the last 5 years. advice thisregarded.
instructions unclear, cleaned out my 401k to buy more eth kappa
yes, you are right but, crypto has so much potential. people have lost faith in the centralized currency, especially with covid-19 and inflation coming to the us. i can 100% see crypto being a viable long-term investment.
i diversified my portfolio. doge and shiba on crypto, gme, amc as etf.
just look at wsb for the example half a year ago it was only gainporn, now its only lossporn 😂
“you got lucky by investing your hard-earned money in an emerging market because you saw the potential others didn’t.” ![gif](giphy14smawp2uhm3di)
**caution! your thread has some of the worst investing advice i've ever seen and it refers to people who out performed warren buffet even though he wins billions of dollars in the central bank lottery.**
it is an insult to compare any member of the crypto user base as warren buffet. absolute buffoon.
spot on. even irl people have been acting like they know everything about trading and crypto. almost makes you wish for the start of the bear market to filter out the loud and obnoxious casuals.
so which.commodity is best to diversify into? gold? oil?
the most unsafe assets with high volatility crashes and little to no upside after inflation are the most diversified - index funds.
agreed. i only invest money i do not need into crypto. i'm looking to expand into etfs and reits. just as soon as i figure out how the hell to read all those charts.
buy high. sell high.
people have forgotten the *law of jante* people these days think they are the best with everything. i learned i know nothing and i'm stupid if i think i know more than the next . (especially when writing )
ergo, do not listen to internet investing advice! now if you want to invest properly here's what you do...
this is my ideal portfolio at the moment 1) cryptocurrencies (40%) 2) stocks (30%) 3) gold (15%) 4) bonds (10%) 5) liquid cash (5%) hopefully in the future i'll be able to add real-estate without it taking over 50% of my portfolio. i will also adjust the percentages on the portfolio as i grow older 40% invested in crytos is too risky for a person that is about to retire.
buffet and munger are just degenerate gamblers pushing coca-cola, caffeine and diabetes onto kids with their meme stock berkshire hathaway. the only reason people continue drinking coca-cola is because it is addictive.
no one here thinks their warren "bitcoin is rat poison squared" buffet. that's why i prefer the advice given here over those financial advisor types.
have you been on wallstreetbets recently?
magical beans years ago yes but now crypto is the future technology for networks and payments.
i like crypto but have not invested in any coin yet, do you really think i’m stupid? :(
excellent observations. it is amazing what dca and diversification will do to not only your portfolio, but also your state of mind.
if your strategy is gambling, than it is more about luck but if you decide to hold, doing your own research is very important. taking risks is great but if you can reduce the risk by doing some research, do it. most people just recommend their own portfolio...
“i know he is a great general, but is he the lucky one”- napoleon 😂😂
buy high sell low. this is the way.
this doesn’t make any sense. i know people who invested thousands of dollars the past decade with either a loss or less than 5% return who think they are better than warren buffet.
diversity is the key to any good portfolio
tbf, many ppl really like the general idea of decentralised trading until the point where it gets hard to gather information and really go b-deep in the data. some just say fuck it and be pretentious about investing bc they got lucky. never forget rule 1: everybody can say everything online.
dude what do you expect? this is reddit, not the financial times
it's pretty simple. if you want to be safe buy and hodl until you make a gain then sell a percentage. particularly if you buy in a bear market(or 50% below the top let us say) you will sell at a gain no matter what later if a decent project. and for fuck's sakes never go all in and dca. i've made all the mistakes and this time have not become a zillionaire but have kept a considerable amount of my coins for the future and also diversified a quarter to half of profits(in 2017 i lost 4 btc and bag held rather sub par altcoins after borrowing thousands).
hey, keep the fellas in here dumb, will ya? someone else getting poorer meant someone else getting richer, hopefully it is me.
the ones i can’t stand are the ones saying how “early” we are. oh, bitcoin hasn’t even reached the market cap of x other asset; last time crypto crashed it shot back up a couple years later; and so on. that all might be true - but we don’t know, we can only speculate. those kinds of comparisons don’t actually mean anything.
i took a course on corporate decision making way back when. there is one piece that rings true to this day for me: the success of any decision you make should not be determined by the end result, but rather by the decision making process itself. it doesn’t matter if your way made you rich, being lucky doesn’t make you smart or right. at the end of the day the ability to consistently make smart decisions based on available intel over time is the greatest factor in success
atleast this subreddit do not have people who advice to invest in dog coins.
great post. i am diversified, and in the crypto part of my portfolio, i live by the motto invest in serious coin, gamble on shitcoin. there are coins that will hold and regain their value, and coins we will forget. while it is more volatile than stocks and bonds,the principle remains.
yeah doge is the real deal bro 😎
>this is not the first time in history that a generation of young people has gotten rich by jumping on a wild speculation train. people had the same attitudes at the height of the dotcom bubble . . . we all know how that ride ended, and this one will as well. the narrative that the dotcom "bubble" ended in market failure is wrong, or at least incomplete. it's true that was the going narrative after the big drop in 2001, but the surviving tech stocks that had fundamental value went on to become market leaders like amazon. also, many of the dotcoms that failed during the '95-2000 cycle, were premised on business models that returned and were successful in the years that followed. in other words, they were early, not necessarily wrong. i think there are a number of parallels between what is happening now in crypto and what was happening then with the internet, but the takeaway (for me at least) is invest in fundamental value, have a long time horizon, and anticipate significant corrections along the way. a fundamental difference this time is that you can invest in the protocol itself, whereas back then, there was no way to directly invest in "the internet itself," you had to invest in, essentially, layer 2's.
rich = good adviser
i would like to invest 1k in these magic beans you speak of
where is lambo? :(
irs hates this simple hack, “buy high, sell low”.
you either have to be an idiot or a genius when it comes to speculation. everyone else in the middle is doomed to fail.
its true. no one knows if its gonna go up or down. also, you dont know if its a bubble right now or not. so you are kind of arguing against yourself.
magical beans you say? where can i invest?
why would anyone use a comments thread for investing advice is beyond me. its your money!!! research your own strategies, for example i invest in green energy and emerging tech, i wouldnt ever tell anyone else to do what i do, id feel bad if someone followed me and thry lost their life savings. do your own research before committing to anything, that includes crypto, stock, life the ot is good advice. thanks for keeping noobs and seasoned grounded.
i totally agree but to hold bitcoin from the beginning and not sell at a ath is pretty ballsy and ultimately works i would have sold at £1000 and been kicking myself ever sinve.
agreed 👍... but buy theta
i'm a dumbass who occasionally trades crypto for a few extra bucks. i am no financial expert. if i was my ass wouldn't be so broke
this sub is nothing but people shitposting for moons.
is this what a personal attack feels like?
good point. now that that is out of the way. i'm a firm believer in tough love. let people lose money and yolo everything on one coin. it is their money at the end of the day. if they get huge gains boom! if they lose all their money and life savings, house, 401k, their wife and kids, also let them! they will live and learn. this is the human element you people forget to put into the equation.
but dadddd. i just want my coins.
i hope you guys are actually paying taxes on your gains... ( saw some concerning comments )
yeah? well what if in addition to mcdonalds and kfc i invest in taco bell and panda express? 😏how’s that for diversification? 🌈🙌🏻🚀🌙🧠🚀💎🙌🏻💎
often times the advice boiled down to: "look at my past gains! if it worked before it will work now." we all know that markets do not work like that. dyor
i personally would be glad if i had managed to hodl my amazon stock through the dotcom bubble. so i thisagree with this 'take profits, if you're smart' narrative. invest only what you can lose, pick solid projects and then hodl this shit for decades.
just do the opposite of what this sub is saying.
dude this applies to the entire market. walking pass boomers in public talking about doge calling it doggy or dodge coin lmao scary times
warren buffet did win the lottery...
i turned my .5 dollars. am i qualified as a guru?
imagine taking financial advice from reddit.
all i can take away from your post from the instant i saw beans is... beanzzz what the fauq
so basically, stop talking advise from random people in the internet, stop buying moonshitcoins and dyor. people want to invest 5k but cant read a white paper smh
this wins for most unhelpful post
most annoying thing is people telling others to diversify to hedge risk. bitcoin goes down so does the market. bitcoin crashes so does the market. diversification only helps catch those coins that m get rocket
i'm pretty sure this sub will get downvoted because you compared crypto is a bubble that did burst. for the record, i agree with most of what you said. however, i think you phrased it wrong. i think that op means that what ever goes excessively up will invariably come down to market equilibrium. now its up to you to decide how valuable your asset truly is.
look at all the dead coins from 2017, the ride has already stopped for many of those, and it will again for a lot of the shitcoins in the future.
there should not be any trading .
huh, i have been on quite a tangent lately telling people you cannot be diversified in crypto because of the correlation.
won a billion? i see people that think they are warren buffet because they turned ... or even , but they know what they are talking about.
great comment - except for that part where you said “you’d be stupid not to invest in crypto at this point”. i’d have to thisagree - while there *may* be significant speculative upside to exposing some of your wealth to the crypto craze, it is far from guaranteed that you will see positive returns; indeed, it is more likely that we are witnessing a massive bubble that may burst at any time. buyer beware.
short it and be a millionaire man. do you have the guts tho?
i smell some foolishness around here... this man is trying to make us hodlers sell our coins so he can buy them cheaper before the morning.
thank you for a great post. i hope more and more people take it to heart. going back in history you left out the tulip bulb frenzy from the early 1600's.
saw something the other day that said nobody who's bought bitcoin and held for more than 200 weeks has ever lost money on it. so, i guess the advice is to hodl, but for years. buy it, store it, forget about it for a few years.
assuming they can turn that *billion dollars* into fiat.
if someone invested , they aren’t as lucky as they are smart. the only idiots in this sub are the ones who take other people’s opinions as investment advice. it’s every man for themselves at the end of the day. you think anyone here actually cares if you make money? only if it makes them more money than it made you. same goes for crypto youtubers. they use their opinions to try and sway markets. they sell, then tell all of their followers the bull run is over and a big dip is coming. if they can push a dip they buy it and then push for a bull market and the cycle continues.
this is why you buy bitcoin and nothing else. you can thank me 5-10 years later.
this is the advice i needed. i am tired of fomo and feeling guilty for not investing.
the only thing this sub gets wrong is the getting in early and getting out early part. you do not hodl crypto unless its something that is got a deep foundation that is expansive across all cryptocurrencies or financial industries beyond that. right now, that is basically eth and btc. everything else has myopic presence that is only propped up by pure speculation as opposed to actual usage. which is not a bad thing, but it also means that its not a viable long term investment. cryptocurrency as a whole is not zero sum, and will probably become a major fixture in the financial sector for decades to come, but the hard truth is that if you're just getting in now, you're late to the party. there is still money to be made, and several coins that could turn a ,000 one, but you will not hear about them on r.
to be fair, i'm pretty new and have a lot to learn but this sub has been extremely helpful to me, i take the advice with a pinch of salt but try to take whatever knowledge from it i can.
i totally agree with you. might be painfull to understand, but crypto is indeed a speculative asset with zero intrinsic value... its just a piece of ownership on digits, where we all decide what the price is based on supply and ~~demand~~ hype. it is always good to take a piece in case if goes bananza, but never go full yolo. also diversifying in crypto is idd bs if you look at top coins... they mostly go with the waves in a similar fashion, just dont pick the shitcoins.
bro, let me hug you. i like the dlt tech, and have actually been working with ethereum tech in successful projects, and invested in it from time to time. but i'm mostly here to laugh at the magical thinking and delusionary people who are in crypto subs.
only rule i follow: buy high, sell low
i believe in diversification, and thats why i own btc on 4 different exchanges.
the misinformation hate here against dogecoin and the misunderstanding about market caps are enough to tell anyone this subreddit isn’t a good place for crypto experts, but it is a good place to find people who think they are definitely crypto experts
based on content on this sub nowadays one would think everyone is a certified whale with a proven track record and unlimited supply of fiat to invest.
i'm glad you said something. i really hope we start to clean up the crypto subreddits. i want clean, straight shot, clear ideas on what each crypto does and how valuable that is. fuck off with the shitcoins, let us mature the market and shake out the money and opportunity on the way.
i like to live as spicy as possible for a caucasian investor: a single dash of black pepper. that’s why i invest in popeyes and not kfc, i’ll thank you very much for getting it right!
it is extremely questionable when the ride will 'end' and if you're saying that this early you could likely be someone we look back and laugh at...
tldr : don't trust complete strangers on an anonymous internet messaging community with your financial well being. in case people needed that.
so i should open a mcdonalds?
the market has spoken. these are our gods now!
"everyone is a genius in the bull market" *looks at all the red in portfolio* well i am fucked.
i had a pet rock once.
well, i did stay at a holiday inn last night.
everyone's a genius in a bull market.
you know what makes us all equal here? how completely clueless we are about what will actually happen in the future of crypto.
lol magical beans. that's a keeper, thank you.
hey now, mcdonald's is a great stock to own.
"but do not let that detract from the fact that it elevates you to the status of someone who wired ." and that is exactly why i *did not* do it in 2015 and how i get comfortable with "ugh, why did not i just do it back then?" because you looked into it then and it seemed shady as hell. fast forward to 2020 and a major exchange is talking ipo, institutional investors are in, etc etc. did i miss out on moon gains? yes. but i'm also not worried now about my bank account getting drained (and even if it does, it is a separate bank account just for crypto with limited funds).
posts about shitty investing advice on reddit, posts shitty investing advice on reddit
so this subreddit will become the new wallstreetbets?
i always consider it like a poker game. its luck with a little element of skill.
wait you guys are getting paid?
thanks for the financial advice
thanks for the advice
just buy a strong crypto and hold for a decade, you will probably end up with life changing money. hardest thing people are unable to do is simply hold through the ups and downs, if that wasn’t the case a lot of us would be really wealthy
lol listening to investment advice from a total stranger on the internet about cryptocurrency can lead you to some bad times. its better to do your own research and take everything with a grain of salt.
> people had the same attitudes at the height of the dotcom bubble. "twenty-five percent returns in a year?" those are scrub figures. anything less than 100% is not acceptable!" we all know how that ride ended i love this comparison because it is 100% true. the majority of the dot com companies that blew up during that period never went anywhere, but the ones that did? amazon, google, ebay. and the ones that did not make it laid the foundations for so many of the companies that are household names now. it's exactly the same with crypto, 99% of all the coins floating around today will be worthless in a few years. the ones that make it though... the hope is that there is a network in existence today that will break out and go mainstream, maybe there is, maybe not. i do not have a crystal ball. but there are some really promising projects out there, and i'm perfectly happy to speculate that one of those might be the thing that changes the internet forever.
we're brads compared to the chads at wsb. their tactics and humor are approximately 4.2069x that of ours. could you imagine the effect we could have on the market if our peens were as big as theirs? they have tard strength and we have "logic" whatever the fuck that means. one day maybe.
ever been liquidated because some mafaqa told it is gonna be bull run all the way
>this is not the first time in history that a generation of young people has gotten rich by jumping on a wild speculation train. your characterization that a "generation" is really stretching the definition. i'd say hundreds, maybe five figure thousand got "rich".
*it is equivalent to investing in mcdonald's and kfc and calling it diversification* that's because all coins are still related to bitcoin. once we get rid of that maybe we can throw this phrase in the trash.
lol this guy makes a post like this almost every day. congrats on the moons.
if you invested 1k into btc when it was first released, you would've sold it long time ago most likely.
how is this going to have an end? it’s barerly starting right now
you guys are winning the lottery?
i am better than warren buffet. i own btc.
i invested 1000. if i did end up holding, i would be a millionaire today but it would have been pure luck.
the actual best investing advice, other than monkeys rolling dice, is hodl a wide variety of top end stocks and shares for as long as you can. that's all it takes, the people who day trade, or take massive risks lose as often as they win.
there is definitely a mindset that has to come with investing in crypto. i have a friend who has been watching my friend and i invest, and he told us yesterday, “when my job starts (in 6 months), i’m gonna put my whole paycheck into doge and get rich!” meanwhile our friend and i exchange a look of pure worry. guys and girls, please be careful and safe with your funds. don’t invest everything to make a quick profit, or to “get rich quick”, especially right now in the current market. also, this same friend is the one who constantly invalidates our decisions. crypto is a gamble, and it is for sure luck based, but at the same time, don’t invalidate others for doing actual research and producing a living for themselves just because you have fomo. always be happy for others, but never lead others astray down a path they believe will make them rich quick.
it also has the worst politics
oh ya! well i bought doge at .56! whos a bad investor now?
> diversifying this is the key. i love investing in, and playing with crypto, but it is only a small portion of my investments. keeping about 70% liquid now as i'm looking to buy a house in an insane housing market (most houses are sold the day they are offered with at least 10 bids). the 30% remaining is mostly in safe etfs (15%), stocks (10%, of which about half is speculative instead of stable blue chips) which leaves about 5% for crypto. i wouldn't be able to sleep if i had all that in crypto.
so i should diversify by buying bitcoin mining stocks and mstr? ok!!
well somebody has to lose money and it sure as fuck ain’t gonna be me
>twenty-five percent returns in a year?" those are scrub figures. anything less than 100% is not acceptable!" we all know how that ride ended, and this one will as well. this ride will come to an end, whether it ends in a major bust or becomes a mainstream financial tool dominated by wall street. take advantage of the high returns while you can. i agree, but i feel like this already happened from 2017-2018. many coins did not reach their ath from the peak until 2020-2021 again. so you had 3-4 years of big losses for people who got in during the last bull run. think about the dotcom bust. 1999-2000 was the peak, then 2001-2003 was a heavy bear that wiped out a lot of speculators. we started coming back in 2003-2004, and it has not stopped since then. google's ipo was in 2004, for example. that was an absolutely excellent entry point to a lot of tech investments. basically, even if there are bear markets in the future, we've already had the big wipeout event similar to the dotcom bust and enough time has passed for a full recovery and long term bull market.
the sad part is that the victims are usually newcomers who are testing the waters of investing for the first time
i will never retire through standard means. if crypto does not work out it wont matter if i put everything in it cause it will still mean i have absolutely nothing. all in
why is it luck to invest in something early and have it pay off? luck would be if some old dude walked up to you on the street in 2013 and said “here’s something called bitcoin. save it and you will be rich.”
thanks for the tips. i'm lovin 'it !!
you just made my day with the above post. smart investing and some people are just lucky hitting millions of dollars in crypto. let's enjoy the ride while it lasts with our helmets on.
thank god this thread is here to show us the way ^^^
op sounds pissed because he cant buy the dips then goes on to give his own investing advice.
how many people got truly rich from bitcoin - like went from nothing to + rich? has anyone tried to estimate it?
honestly, i think the whole "diamond hands hodl" echo chamber mentality is toxic and dangerous. a lot of people could lose their hands. it's not a bad thing to sell, especially if you've made profit. especially especially with fucking meme coins.
>we all know how that ride ended, and this one will as well. so the internet failed and everyone lost their money? hmm...
the real question is how much did you lose? and also you obviously missed the first ride up.
okay then mr. shiff here, let us draw some comparison to the dotcom bubble then shall we; it's similar in the way any bullshit internet company was hyped by idiot investors who could not tell their head from their toe, let alone take a good evaluation, ended up trading far higher of its true value, the same holds for all these new-ish cryptos that are all brilliant on paper, but how many will stand the test of time? how many "next best thing after sliced bread" cryptos are forgotten, abandoned, since their hype in '18? or even earlier? i just do not see algo, tezos, matic, dot, xlm and many others manage to be actually relevant in 10 years. their ideas and blockchain technology will probably end up getting bought out and absorbed into some bigger system that is as of yet ubeknownst to us, at best, or being a point of thiscussion on a topic of a similar kind a few years down the road. and now mr shiff it is time to account for the other side of the dotcom bubble - the survivors. the amazons, apples, microsofts, googles. why do not we take a look at their stock price performance and return from 2000 until 2021 shall we? say what, multiple thousand percents return? and what do i hear you say? that back then their products and services were still mostly a niche sector fueled by enthusiastic tech nerds, visionaries and youngsters, before absolute mainstream adoption compared to now? well on that hand crypto world today is being actively used by a small amount of enthusiastic tech nerds, visionaries and youngsters too. all emerging tech is a bubble until it is not. market capitalization of apple is currently 2ish trillion dollars. current total market capitalization of whole crypto is 1.72 trillion dollars. while i agree that without an absolute bloodbath 95%+ crash the last chance for anyone to get 500x+ returns passed last spring, there is still a long way to go, and many long term returns made along the way, and salty people like you who'll be left on the sidelines will have to enjoy ranting about how stupid this young wealth was made.
the amount of good luck coming your way depends on your willingness to act. you have got to be in it to win it.
i don’t even have to worry about capital gains tax because i haven’t made any gains 👍🏼
did someone say magical beans?
i've lost money on every stock trade i've ever made, i basically do the opposite of the right thing every time. crypto on the other hand... i cannot lose money if i try. makes me realize i'm not some investment god, crypto is just irrational as fuck and nobody knows what the hell is going on.
btc is here to stay as a digital commodity even if it never becomes a mainstream payment option. its market cap will be close to gold just based on that alone. theres not much speculation.
lol of course that’s like believing a car sales man.
buy and forget was the best strategy i ever had. wish i could repeat. the more i think i understand the more i touch my portfolio the more it seems to go down...
well said! thank you for some clarifications because there too many in this sub so called experts. keep posting to educate the misinformed.🤷😳
>let me begin by saying that if you invested ,000 in bitcoin when it was first released, you are most likely very wealthy today. but do not let that detract from the fact that it elevates you to the status of someone who wired ,000 to an anonymous person on the internet in exchange for some magical beans. magic beans you say? i just so happen to own 9,750,000 magic beans on algorand if you're interested. 1 algo per bean for you my friend 😎 asset id 222926691
not to mention people are willing to sacrifice you and your money to make themselves better off financially
actually, most crypto newbies are like warren buffet since both of them do not understand crypto at all.
invest in crypto or go to the local casino? that is all i want to know. thanks.
once in a while, a post that make sense
this is my third bull market on reddit and its always the same. then in 6 months time this sub will have the suicide prevention hotline stickied to the top.
oh c'mon, mcds and kfc are totally different food groups!
i think the idea that it will all end... either in a bust or by wallstreet manipulation is short sighted. the space itself will mature and yes the returns may be closer or even less than the ones on s&p500 and more stabilized... but this will happen very slowly and gradually. if you mean that the 2000% gains... maybe... eventually. but it is not black and white.
instructions unclear i just put my life savings in cumrocket
do the opposite of whatever the idiots on this sub tell you to do and you will be golden
it was not just the dotcom bubble. 1929 was filled with stories of average everyday people hitting it big in the market. a lot of crashes happen when a major new investment comes into the market. happened in 1637, 1720 - most recently it was the mortgage backed securities in 2008 (now a new investment, but how they were traded was a new innovation).
well said. everyone is full of shit really. that includes myself too...
wdym not to trust the sub, i've been practicing buy high , sell low all this time
property' gold. jobs a good n' boys.
this subs a lost cause
>everyone knows how the dotcom hype ended the first save of dotcom, yes. how about this wave? its not only crypto that is in major hubble territory
"if someone says that the market definitely gonna rise or fall then they do not know anything about the market" by keeping these in kind, one can identify bad advices
rule of thumb should be, if you have only been in crypto for a couple months or even a couple of years, idc how long you invested in securities before getting into crypto, ur ta and dd is most likely wrong because you can’t do ta or dd the same way with crypto as you did with traditional securities. even the most veteran crypto investors don’t even know what’s gunna happen. that’s why they are usually the most quiet and just dca and hodl and dont use leverage. just chill and enjoy the ride fellas.
caution! this sub has the worst advice but let me make a post giving advice too!
the sub is 69% shilling, 30% fud, and 1% quality content.
i put my big money in etf and real estate. put baby money in pancake tokens and algo
.com was always a bubble and everyone knew it back then. this is different. the better coins will keep increasing case usage. the brilliant marketers like the safemoon crew are young and aggressive—they’re constantly attracting new hodlers. the low barrier of entry also make this dramatically different than the .com bubble. there’s going to be the obvious valleys that could last weeks months or years, but i think in the end, decentralized banking is the future. except don’t bet on meme coins with a blatant thisregard for case usage. like ass coin. i mean realistically how many times can you pump ass before it gapes.
that's why i only follow crypto influencers on youtube that tell me about the next best coin that can give me 1000x profit.
bitcoin will go to 400k because i want it to. - half of this sub
and for the love of god, for fucks sake, stop fomo'ing in the r. today coin x is the best thing ever "buy now or you're an idiot lol", tomorrow it is a "stablecoin going nowhere" and next week it is "shitcoin vaporware that is gonna crash" stick to fundamentally strong coins. whether or not people here like it or shill it or not should be irrelevant to your decision. lots of the coins that got shilled the fuck out of in 2017 have now been sent to the abyssal depths of the market.
i dunno man, it is pretty simple. 1. travel back to like 2010 2. buy a bunch of btc 3. ??? 4. profit!
the best investing advice i ever received was to not invest in yourself. because you should not invest in something that is worthless. every bit of money i have put into myself has gone to waste. i am just useless.
i remember when i had 785,000 doge at 4.65c and i sold it all because i came here and everyone said it is going to go down like crazy. the claims about the deflationary nature of the coin, how the coin was just a shit coin and is just a meme. hype trumps all and if the common buyer can get this coin from their phone, logic does not matter in a bull market.
i'm not a financial advisor. this is not financial advice...
>you'd be stupid not to have money invested in cryptocurrency these days, but keep in mind that it is almost entirely based on speculation, and a lot of your success is based on pure luck its smart to avoid systems based on speculation
yeah thats why i dont listen sub most of the time, otherwise i would have not bought ada when it was .20 and vet at 0.04 due to all vaporwave“knowledgable “ people have been spreading
but is not that all the alts are bleeding when bitcoin dump's then what is the use of diversifying the portfolio.
this post like many opposite are just a giant echo chamber of crap.
ha, it is funny cos i invested in 2017. bitcoin was . everybody said i'd lose my money, it is fake, it is a scam or its toy money. it did not feel like a lottery ticket at the time, it does not feel like one now and i cannot imagine what the very early investors thought. so stfu. early investors took extreme risk. you lot have a mature ecosystem worth trillions.
so you're saying shiba inu will not reach ?
are you sure the advice is bad? i lost a few hundred, so doing well i suppose
the dotcom bubble is such a lazy and overused comparison. the dotcom bubble lasted 5 years from beginning to end, bitcoin at the moment has been around for 12 years. you're not entirely wrong in all you're saying, but i'm sick of hearing that comparison.
“you’d be stupid not to have money invested in crypto... it’s entirely based on speculation and success is based on pure luck.” say no more, fam.
that’s why you put your profits into a stable coin on celsius and make 10%
excellent points - it is nice to be grounded every once in a while.
the irony of saying “let me begin”, when you’ve already made a statement in the title; or instead of simply beginning your new statement... lmao go back to ignoring me
"in a bull market, everyone is a brilliant investor." qft. - man who bought dog meme tokens and somehow made money
the one person that i know that made serious life changing money on btc is a financial idiot. for this person it really did boil down to dumb luck and being overly paranoid of the government.
ok if you want real advice buy a share of gamestop. the morass was always still on. just a matter of waiting.
i put 500 in eth and stellar and 2 days later i made 5. am i doing it right? when do i sell? get me up to 550? how long will it take? can i make 500 into 5000?
we are just a mass of selfish and egocentric who does not care about nothing except ourselves ( especially in crypto world). this is my first rule when i invest. prove me wrong
lemme guess you bought in at the all time highs
cryptocurrency is well past the speculation stage and you shouldn’t be taking advice from anyone who tells you otherwise. this is a once-in-a-generation financial market change. once it occurs this doesn’t happen again, you can only go digital once…
my only take is everyones worry they got in too late. a lot of money has been made in the last 10 years that you missed. but... crypto is not simple to use yet. you can stand in most rooms of 1000 and maybe 1 other person invests in it. you still have time, if crypto is going where we think it is. just start slowly building a portfolio now. 10 years from now that room will maybe have everyone in it.
buy low sell high, best advice pog
if people are blindly tailing investment tips from this sub...or any sub...then i am willing to bet they are throwing away money through many other offline means anyways...
what advice would you give? for me i’d say if a coin is under a buck you research it and is especially dipping putting some money you can lose is better than investing in a stock
this cannot be said enough.
sad that this needs to be said. let darwin do his things.
makes it more fun! bring on the best financial advice on the planet. follow closely and be rich!
thanks for the weekly reminder.
i agree with most of this post but i thisagree with crypto as a completely correlated asset for the future. yes, right now if btc goes way up or way down it completely drives the market in a particular direction. however, i do believe there will be a time in the future where segments of the crypto market and different type of crypto \[i.e. currency, defi, software, gaming, etc.\] will become uncoupled to an extent from btc as we have more mainstream adoption, blockchain tech matures, etc. the majority of my portfolio is in btc; however there will be a time where you can develop a diversified portfolio of crypto imo. agree with everything else and i'm a huge proponent of proper diversification and risk management. crypto right now is only 5-10% of my entire portfolio. if it gets greater than that due to gains, i will pull out profits and rebalance into my traditional investments. great post though and i think the majority of people new to crypto that have never seen a bear need to realize what you're trying to say... when the crypto market crashes... it crashes hard and there is no telling what will come back up and when... blood in the streets for sure.
jesus christ people, just stop talking please, stop butchering my feed with whining, dramas and baby talk
honestly everything about this sub is toxic and stupid af these days. i keep wanting to leave but it used to be a valuable source of info on crypto.
i’m so new to the topic of actually investing in bc, but clearly recall reading a lot about it when it was brand new. i’m still on the fence. but i am trying to convince myself that i should invest something, no matter how small.
instructions unclear. went all-in on shib.
no way! i am making money here
thanks for ruining the mood 😞
>you'd be stupid not to have money invested in cryptocurrency these days, but keep in mind that it is almost entirely based on speculation, and a lot of your success is based on pure luck.
>you'd be stupid not to have money invested in cryptocurrency these days, but keep in mind that >it is almost entirely based on speculation, and a lot of your success is based on pure luck. uh...
everyone is a brilliant investor? my -50% says otherwise
live in a third world country, lost 1.5k i became a shadow of what i used to be it is not a game guys i am sure crypto has a bright future, but you can lose alot or win alot.
yes, crypto is a highly volatile market. but remember people were sceptical of the stock market at launch too. and like futures and options are not t just pure speculation either. not everyone in the stock market are just investing in funds and etfs.
i'm new to all this, bought the dip and it kept dipping, so i bought it again. i do not know how you guys endure this long term.
warren buffett believes investing into long term, not day...
who won a billion dollars?
dotcom bubble? is this post copy pasted from 2017? magical beans? magical bean era was 2010, over 10 years ago. i guess that is what late mainstream adoption looks like.
most toxic subreddit ever lol
this entire subreddit is just for gaming sentiment analysis algorithms. there's no critical analysis at all. what did you expect?
wait, you guys are making money?
very well written and stated. finally, an adult in the room and not some bubble headed cheerleader singing praises without merit.
guys its all thewyckoff!!! wyckof phase d werephase d wyckofd!! its the wycholfff!!!!
didn’t even read this you just seem upset
yes thank you! bad traders here mannnn
are you trying to tell me that my strategy of investing in anything that someone posts at least 5 rocket emojis next to is not sound?
this is what i've been jumping up and down about this whole time. with crypto markets being so manipulated and meme'd to oblivion, it is a slot machine. the entire market. almost all crypto prices move in lockstep, and thus are *highly correlated*. there is no such thing as diversifying in crypto, nor is there any point. just buy a reputable coin that is not going to have the rug pulled out from under it once the founders decide it is time to laugh all the way to the bank. "investors" buy and sell based on pure emotion and have no clue how to read a candlestick chart, let alone basic market indicators. they "buy the dip" only to see the price dive lower and lower with no indicators telling them that the bottom has been priced out. they hold their positions on price rallies and refuse to take profits (see also: "diamond hands"), then wonder why a correction followed and they missed out on gains. fomo is rampant and causes people to buy into rallies that are nearly peaked, only to see their hopes dashed when they realize they had already missed out by the time they bought in. the overwhelming majority of crypto investors are like this, and this sub and others like it are proof of that. i'm all for retail investors making big piles of cash and retiring early, but the hubris on thisplay here is nothing short of foolish. eventually these emotional investment strategies will come back to bite you, should you choose to continue. if you made millions and got out, i'm happy for you, just do not come in here and lecture people about sound investment strategies because you threw some money into the void, hoped for the best, and wound up getting returns.
rtx 3080 ti drops in store tomorrow at best buy ! how? i tell you ! best buy in person gpu drop!🔥
slow and steady growth through the day, cant complain. at least we arent dipping
nah bro put your life savings in safemoon, trust me man. its safe and it will go to the moon. it even says so in the name. safe. moon. screw a 48 page white paper when you can get the full message in the name, so quick and easy. bing bang you're a millionaire.
having bought bitcoin at , and sold at , only to push all in at , i have to say diversification in crypto to reduce risk is only adding risk. if you mean diversify by adding a roth ira and a 401k to the mix, then that’s something wholly different. but if you are telling people who are mostly btc, then you are insane.
there's deliberate confusion b. coin x has a "good team"? find a way to invest in the team. the tech behind all these coins works whether the coin costs a penny or a dollar. you think chuck e cheese has a good business model? invest in the company. don't load up on tokens.
i've been having similar thoughts about crypto diversification as well, especially after seeing mostly every coin follow the same ups and downs as bitcoin. like wait, how is this diverse?
first sentence of your second paragraph lost me.
tbh, crypto luck isn’t a whole different than an investment advisor who, for decades, took advantage of the cantillon effect, bragging about his returns.
i cashed out my 401k and put it into algo. wen moon?
fuck this guy. go be like jim cramer and advise people how they too can make a 4% annual return which will be outpaced by inflation this year.
who doesn’t like to gamble? everyone gets to place a bet at this big online casino.
agreed this subreddit is trash i'm going to unjoin just wanted to say you would not make money following any advice here. learn on your own don't buy new shitcoins.
buy high, sell low some of us are trying to get to lower tax brackets here
good point about diversification, i agree 100 percent
in the end the people that lost the most during the dotcom bubble were the people that sold google and amazon at the bottom. the internet was the future, that was clear, the only question was who was it going to be. for me i strongly believe bitcoin will always be the winner of cryptocurrency. if bitcoin fails the entire experiment fails. it's not a coincidence the entire market moves with bitcoin and people should always keep that in mind. defi, smart contracts, yield farming and whatnot. it's all worthless without bitcoin. that said, i'm not married to a coin and you should not be either. when it is clear that a coin is not going to make it, you should not be afraid to cut your losses and let go. you do not wanna end up like the cashies or xrp schizos. and that said, you also should not sell just because of fud but you know that already. basically it all boils down to this: be rational, not emotional.
that's some cold, hard, truth right there!
? buy chainlink and hold
your forgetting about those “in it for the tech” 👀
if you have excess funds, money 💰 you do not need and would not need in the near future. wants and needs must be separated. owning 5 or 10 different coins is like 5 or 10 stocks, hard to watch, enter. it also leads to selling at x value just to insert in another coin. seems many chasing gains, sure way to thiscover a loss or a long term hold to even money. value is found in functionality, public adoption, and price point. buying when mass sentiment is frowning on a coin is far better than eavesdropping two gas stations attendants saying their bitcoin has moved up 30%. to say crypto is not manipulated to any degree is to ignore the recent vast move lower. the usa is gonna do everything possible to keep "green cash king".
did i make a money
man... i just wanna know if i should sell my bitcoin and cut my losses now or not. i do not understand this crypto nonsense i just got told that bitxoim will long term always go up
🤔 hmm. advice in this sub is saying not to respect or trust the advice in this sub. 🤯
yooo. that headline got me weeaak 😏🤣
righto mate. i pretty much just come here for loss porn - not to take financial advice of a bunch of kids.
probably not many people would be able to buy 1000 btc at a buck then watch it grow to 1.100.000 usd the drop to 300k then still hold it till 24.000.000 down to 3.000.000 to 58.000.000. only the ones who forgot the password to the wallet... or the guy who bought doge then went to prison and cashed out when his 1k went up to 56k :p
how is investing in mcdonald’s and kfc not diversification? we’re comparing burgers to chicken. totally different.
on a similar note, i was looking for examples of dead cryptocurrency today and found coinopsy.com unfortunately, but as cool as i wanted it to be, but it gives you the names so you can search.
i followed all the suggestions and got doge, gme & amc as well as other shares - guess which 3 are my top performing and made some great yolo? redit are the best advisors. respect family 🤘🤜
this sub was created to circlejerk about crypto, do not be surprised once you get bold people trying to alter the the circle jerk
you guys are making money?
if i didn't buy high i wouldn't crave hopium
it may be very easy in theory, but there are enough people who willingly put money into scam coins or panic and sell for large losses on the first dip that a good proportion of people make losses. they do not educate themselves on the space and learn basics of market caps and trade with unrealistic expectations.
i love how your two options are: either completely bust or dominated by wallstreet. if those are your thoughts why even bother? anyhow, you’ve basically explained every bitcoin maximalist out there.
have y’all been reading my post history 😎
i turned 200,000...id rather take advice from a corpse.
yes, the advice on here can be horrible. but you also sound extremely salty for not jumping into bitcoin early enough. you don’t have to fully be a chart wizard to realize the potential of something and put money into it. some blindly did it as a goof for sure but a lot of people also totally understood how amazing and useful this could be in the future and would tell you they’ve never invested before. don’t be mad at someone because they were more right or got more lucky than you. some had the foresight to see how big it could be, that counts for something. they saw it before you did you know.
i turned . still haven’t seen my million.
it’s about as good as the advice coming from wsj. i’m not kidding
maybe it is because i do not hang out here too often. but memes aside i typically see people recommending to invest at least 50% - 60% in btc & eth because their the safest ones & admitting that it is a risky & very volatile asset class. but again i do not hang out too much on here so idk.
i’m still making payments on my margin call from the financial crisis. it’s hard to lose in this game when you have nothing to lose. j😜
fud gets annoying, mods clean up please
mcdonalds and kfc are vastly different. one sells chicken and the other sells what people believe is chicken. the hardest part is finding out which is which.
i'm afraid your message may fall on deaf ears. many people here do the opposite of diversify. they use margin to concentrate and magnify their risk.
not true i’ve managed to cut my investment in half following advice on this subreddit! omg i have done my own halving 😯
how is this the top post of the day when someone in brazil has literally bounced bitcoin off the fucking moon?
lol sour grapes much
no lie, i passively follow this sub and i'm happy that the coins i'm invested in are not mentioned here. once it is, that is my signal to sell haha
i’m warren buffet, fuk off eh?
true. anybody with a hit send button made money on crypto. it's also everyone who was sensible enough to take a profit here and there who are the biggest winners.
just buy now and wait (hodl, skip the loosing daytrade-bullshit) another 3 to 4 years for the next bull, you'll be more then okay. in the meanwhile live your life, make fun and forget about the coins.
so i will do the opposite of what people are giving for advice. noted.
i really think it needs to be said that if you do not like this sub then go elsewhere. no damn body is keeping you here. stop posting useless complaint post.
the truth hurts. we need more truth kings. we must inform ourselves collectively so we can help each other, coherently. no bullshit. let’s get this shit going.
but my stock broker is pure briliance
same shit everywhere... whoever tells you he knows everything probably knows barely anything...
instructions unclear, bought one coin.
ive been investing on this site called stake and i lost all my moneyz
best advise is take profits. you can be 200% up but if you do not take any profits out you will eventually be 50% down and then panic sell or hodl forever. if you are big in green then just sell some and atleast take back your input cash
just here at the comedy fest with me popcorn.
bad advice on reddit? say it am not so.
>but do not let that detract from the fact that it elevates you to the status of someone who wired ,000 to an anonymous person on the internet in exchange for some magical beans. &nbsp; >but keep in mind that it is almost entirely based on speculation, and a lot of your success is based on pure luck i see this a lot but i honestly do not believe it anymore. cryptocurrency is as clearly going to be a major force in human society as the internet was in the 90s. most people who bought a chunk of bitcoin in 2012 and held on to it through all the volatility probably did so because they strongly believe in that; speculators would have instead sold most of it with the expectation that it might crash and never recover, focusing on how much profit they can lock in and what level of profit might be too greedy. so then whether it is luck, for those people, comes down to whether they really could have known, and whether it is really true, that our world is going to be structured around crypto. i believe it is true, and that many of them did in fact understand things well enough to know. that is not the same as "jumping on a speculation train", and deserves more credit.
what's a good place then for some sound advise on both technology and investment. i have gotten some good info here but i have figured overtime what to really pay attention too. but would love if there was a sub like what i mentioned
exactly on point! i've been teaching students to gain 60x in 12 months using specific real estate techniques tied to crypto and they have become millionaires while everyone else is waiting on btc! lol! the best thing is that they will continue to make these gains no matter what happens to btc or when =- or even when they cash out! speculation is never a replacement for sound thinking!
my fav was every one waiting to sell their doge till after snl because they thought it would pump
it’s not just about investment and speculation! why nobody is talking about the critical importance of regulation? regulation is what will support the nascent technology, investment and the new creation of value that’s emerging! the problem is the total confusion about regulation, especially by law makers! regulation in crypto is what the traffic code is to traffic! there’s a need to know the rules, to have clarity and to be aware of responsibility and accountability. ironically most don’t know the difference between law and norms which scope are much wider! regulation is not about cracking down and creating fud! regulation can enable or thisable if the regulatory authorities are dumb! the sec vs. ripple lab case is an example😅 basic questions must be answered: 1. what is crypto regulation? 2. why crypto regulation matters? 3. who’s in charge of regulation (regulation agencies)? 4. what are the powers of regulation agencies? 5. what are the digital asset classes covered? 7. how to limit risks and seek protection in case of scams? 8. how crypto investigation works? 9. etc crypto regulation is critical and many lessons can be learned from the dot.com bubble burst 🙏🏽😊
i guess i don’t understand the negativity...
lol my brother is like this in real life
i always say this also, best to not take advice from this sub. it's fun to thiscuss things but i'd never take advice from here.
i love tulips! 🌷
i've learned through real estate not to buy when it is booming , buy and make money in the bear markets, less dangerous, and yes diversify.
this ride will come to an end, whether it ends in a major bust or becomes a mainstream financial tool dominated by wall street. take advantage of the high returns while you can. f ing well said my brother
> you'd be stupid not to have money invested in cryptocurrency these days stopped reading at that point.
“this is not financial advice but my opinion”
female perspective: your dihk must be 3” hard to post this stupid bull. congrats on your karma whoar train
if i were playing the lottery, i would have a wallet full of shitcoins. buffet had a boost, just like i'll give my grandkids.
but many internet stocks came back: apple, goog, amzn, msft, ebay, etc... hodl
diversifying crypto is just exposing yourself to higher risk coins with higher beta. they’ll still follow the way btc moves but more violently up. the best way to invest in crypto is honestly to hold the two that you see alive in twenty years: btc and eth
i had a well written comment about this. reddit is edit mechanism deleted it. miners will hold until the cost of mining exceeds the cost of coin for perhaps 6 months. then, they shut down and play the market trying to make money on the coin they have. i believe that bitcoin will collapse ( in the near term ) to about . then, difficulty will drop. watch the difficult. when it goes. hold. when it drops sell. simple. at some point, it will drop below . then, it is gone.
so i shouldn’t yolo my life savings into doge?
cumrocket yolo no cap. 5000x
you sold the bottom didn’t you?
op must have panic sold a couple weeks ago 😂
i diversify by investing like a boomer and a zoomer at the same time. that way it all equals out and i do not make any money anyway.
i personally believe in crypto long term, but the market doesn’t represent what makes crypto so special. we are in an era where meme coins trump good technology in gains. people who are heavily leveraged with 95% of their assets have a sunk cost motivation to promote it or else they lose everything. hearing these absolutely insane theories to justify their own investment is dangerous for newcomers. before i get downvoted to hell, i’m a crypto bull but these prices reflect mania, not value.
yeah you need to learn to think from yourself rather than taking people on here seriously
for those getting shilled coins and taking advice from this sub, before you even put , please do your own dd!
i made a good chunk of money, i'll be the first to admit i have no fucking clue what i'm doing. and i have a grad degree in economics...
i do not have a ton of money to invest - i'm talking . i figure if the bit stonks i'm invested in sink, it is just a small loss like playing red in vegas. if they do well, great. i just do what i can afford where i can. it's exciting to see the numbers rise when they do. if they do not, well i've spent .
if you’re taking investment advice from some randos on reddit, that’s on you
oh the flip side, a post like this makes everyone that is a "silent warren buffet" show up and post about how they are above others. ' its all the same shit ' were all here to make money and retire with at a trailer by the side of the dumpster
subs like this also have a bad habit of coarcing people into investing into certain stocks. the whole gme thing made is much worse.
fud? investing in crypto to turn it into fiat is one thing but if you understand the premise of crypto (some coins not all) it’s actually a hedge against the us dollar.
buy low and sell high... i recommend 81% thc while selling
what a fucking wanker - op
this sub has such an identity crisis.
the best advice i have for crypto and any form of investing in general is to invest what you’re willing and can afford to lose. set limits for yourself and invest during the dips.
try r, really want only the best of the best. in comparison, r
stopped reading after basically, "this forum is full of billionaires".
tldr: stay humble, and dca what you can afford to lose.
should've seen this sub during the bear market lol
caution op does suboxone
found the guy who is salty af because he didnt invest in btc in 2013
you sound made because you missed so many opportunities
everyday there is a new idiot saying the opposite of what the idiot yesterday said , the cycle will continue forever
the only good thing warren buffet ever did was write a song about a cheeseburger.
roasting people for giving advice while giving advice… seems legit
do people really need a reminder that they can lose money in crypto?
also i'm confused when they say billionaires. like i'm not sure i care if your phone thisplays that number but you go to work every day and have nothing to actually show for it lol
the golden rule of the sub: buy high, sell low, buy high again then sell low again. rinse and repeat
anyone who thinks this sub is especially bad at giving investment advice hasnt visited many investment forums on the internet. following advice here would net you better results than most other shithole investment forums, even if its suboptimal much of the time. most advice here just says hold. anyone who has followed that who bought in 6 months ago or more has done well and will likely continue to.
yeah, making money the warren buffet way takes hard work, like denying rightful insurance claims out to sufferers of workplace-related mesothelioma or decades of insider trading.
thank 👏 you 👏 gambling 👏 is 👏 still 👏 gambling 👏
yeah, diversity is good. btc, eth, and 3 to 5 alts can be managed.
everyone in this subs thisrespect my man wb but forget who rich2
so can i interest you in some tulips?
my favorite is everyone calling berkshire washed up because they are getting triple berkshires returns right now... people were thinking the same in 07-08 too
saw a post where someone literally referenced a "psychic" as one of their sources.
true gotta know when to get out made 45k off doge and bought back in on the major dip
first time in history *that what* can't hear you over my ,000,000s of amc gains being sorted
why you butt hurt about it?
warren buffet is an insider trader. i have no respect for that old fuck. so do not quote him on this. on the contrary, i see many people here smarter than that old rat poison.
the fed will keep printing money and thus it does not matter. the value is being devalued so much assets have to go up. this is not the dot com bubble its something far more nefarious.
i need a good wallet to start again. freewallet f'ed me over!! scumbags!!
while i agree with the notion that this sub promotes alot of bad investing advice (including this post) - it is nothing but a ridiculous notion to compare early investors of bitcoin with someone buying magical beans or someone winning a billion dollars in the lottery. this is the sort of notion put forward by people who are new in the market, or have not entered the market because they do not understand the asset class and think everyone else was just lucky to invest in for example ada at .04, matic at .02 or vet at .002. the fact of the matter is that this market, because it is unregulated is brutal - and while you joined it during a bull market so everything seems like roses, its not really just to throw your money at any random coin and then suddenly you're a millionaire and cash out at the top and your life is all glory. many of us do dilligent research - put in countless hours, day after day, year after year - and yes, we diversify to hedge against the times where you get it wrong even after all that research. and even then, not selling when you're up 2x or 3x on an investment - is just as hard as not resigning and stopping your buys when you're down 50%. you're belittling people - and oversimplifying the market because you think everyone are just memelords, and that every strategy is just as terrible as gambling on elons next tweet still having the same effect on a highly emotional market. just because you've correctly identified that there is alot of terrible advice in this sub (anyone could have told you that, its hardly breaking news) doesnt validate your advice or make it any better. comparing the cryptomarket as a whole to the fast food industry really just shows exactly how little you understand this technology, and how little potential you are able to see in the different projects. tl;dr - if you're reading this - op is telling you that this sub is full of terrible advice, and then goes on to give you his own terrible advice - just because he is right about the first doesnt make him right about the latter. follow your own strategies, and educate yourselves on the projects you follow - do not let anybody else tell you how to invest your money - least of all based on a karma-farming post on the frontpage of this sub.
wait, you follow advice from a weird name and an emoji on a screen? i think i’m missing out!
a high percentage of people in this forum don’t have more than a few hundred dollars invested. all talk no true knowledge. please dyor before jumping into a coin you hear about.
you're in the wrong sub and listening to the wrong people if you think crypto is all mearly speculation.
but it lacks intrinsic value. mathematics absolutely has intrinsic value...
i think this man thinks we're buying crypto to get rich...
the only good advice is don’t invest more than you can afford to loose and i don’t see it that often...
i'am never really that bothered by what my portfolio looks like, i'am in it for the long haul the day to day changes do not really bother me that much i just sort of check to see if price have gone down to see if they are at a price i feel good to accumulate more. also staking makes this kind of mentality a lot easier as i'am not really planning and selling anything i am staking anytime soon.
the phrase "dotcom bubble" always makes me laugh. it makes me laugh even harder that someone would use it unironically in 2021. dot come was not a bubble, it completely revolutionized the world. the fact that a bunch of people made bad investments during its rise does not change that.
well im not looking for financial advice tho, im just here for the memes
uhh no one could invest . took a long time for trading volume to even begin to develop.
life is a correlated asset
if you think crypto is pure speculation i’m afraid you’re been looking at the wrong crypto. ada and nano are 100% speculation but (for example) polygon is actual adoption which led to reasonable price increase.
your argument insinuates that bitcoin is a bubble similar to the dot com bubble is a bit off bro bro. how can a deflationary currency such as bitcoin with a 21 million dollar coin cap be a bubble? the answer is it can’t really. many people who got into bitcoin in the early days knew that mathematically an overall massive increase in value in the coming years was inevitable and essentially a certainty... i’d hardly call those people lucky, i would call them logical and intelligent pioneers. don’t be mad and bitter bro bro, 37k is cheap as hell compared to where it’s headed. if you think that statement is even a little speculative, i recommend you watch some tutorials on bitcoin or reading the white paper until you actually understand how it works because i honestly believe you don’t given your outlook and opinion.
imagine asking for investment advice on reddit
>we all know how that ride ended, and this one will as well. this ride will come to an end, whether it ends in a major bust or becomes a mainstream financial tool dominated by wall street. so the difference here is that our government is addicted to spending money like a heroin addict is addicted to their next fix. just last year, in 2020, they inflated the money supply by 26%. you think this ride comes to an end? how? the federal government is like a fucking junkie that does not know how to stop to better its livelihood, and **no one** in **any** form **anwhere** in government is even willing to say, "hey guys, maybe we should stop?" no, we'll be handing out . they'll have to see 10% or more inflation before they stop (at which point it will be too late anyway). there is no future where they do not just keep spending and spending till inflation actually gets out of hand before they go "oh wait, maybe it is time we calm down now". be prepared for all the worst economic shit everyone has been warning about. ubi would not be enough, we'll be doing super-ubi, giving money to people who do not even want it. think we might hit debt in the triple digit trillions in the next decade? nope, not enough, need at least . think a "great reset" is needed? nope, we need "the greatest reset" now. basically, take everything that you think could never happen because most mainstream economists are now convinced that we will see inflation long before it happens and it is never going to get out of hand. after all, these "austrian naysayers" keep talking about how it is going to happen and it never does. the people in charge of the economic future of this country do not care about inflation whatsoever. and this does not matter who is in charge. economists, at least, the kind that actually advise or are willing to work with presidents, think that there is no such thing as an "overdose" for the crack addiction that is american fiat and government spending. and re: wall street, i just have one thing to say... wall street is dead, buddy, crypto finance has no physical home and does not need a physical home.
ya let us take advice from the dude calling strangers stupid... good luck with that op, but hey... you'll fit right in at reddit.
i dont think coins like eth and vechain can be considered pure speculation if they are used in business real life
yes this! but please buy vet, its great and my biggest bag
what's even more important to note is that it is very easy to pick the wrong coins. many of the 2017 bull run alt coins have still not recovered from their aths, some are still down 50-99% 3+ years later. nano, neo, xrp, tron, etc. are good examples. really the key is dollar cost average btc and eth.
ok this post is partly legit but partly also just cheap fud. a shame.
you're jealous and feel entitled to an opinion that you have not earned
judging by the fact that you only started posting in this sub in the last month i'd say someone is salty about losing some money in a shitcoin lol. i bought my *magic beans* in 2015 and have not looked back! except when the exchange i kept most of my daily trading funds on thisappeared one day.(btc-e)
whatever happens and whatever cryptocurrencies you are trying to get lucky and rich on, just make sure you own some bitcoin. bitcoin is one of the very few that will endure anything and is a good store of value. most cryptos will come and go. new ones will be created all the time.
but all the telegram groups calling for . they are all good because we warn against bad projects and meme coins? none of those coins are actually good investments. this advice is the best advice you can get. the fact that these coins have been in a pump that will be followed by a dump. we can’t predict what coins a few billionaires will manipulate. or what the public will latch onto by mistake and dump millions into. if you want a solid investment portfolio, we have good advice. but this is a bull run and the bots are trading everything up. there is no reason shib should be where it is. and quite honestly most of these coins in the space are incredibly overvalued with idiots doing no research calling that they are “sooo undervalued!!!”
toxic sub is this all
tax free trading. that’s next level thinking right there
buy high and sell low. this is the way.
the idea is: losing so much so it does not make sense to sell anymore and you just feel like doubling down on a bear market which eventually makes you win in the next bull market. stonks
dead right to warn people to be cautious but i must say as a newcomer to crypto i have learned received more valuable advice and support from people posting. of course, there will always be a few unhelpful or misleading posts or comments but ultimately the sentiment of the sub is of good nature and helpfulness. tl dr: learn what you can from this sub, but take everything with a liberal heap of salt 😜
those who lose money in a bull market are the true investors? lose money in bull market = make money in bear market?
that's some real jimmy buffet shit right there. congrats!
show me the way
no pain no gain
how do you do it?!
come on those are rookie numbers. sell that dip!
people might think he is kidding, but most likely not.
look at you, being all tax efficient.
i had to get a second job because of my crypto gains
i’m back to even after 4 months. i might just write a book.
that's rookie number legends get liquidated from 5000$
never take advice from someone with less than 10000 moons .
must of bought shibu inu coin...😭
no problems with irs
did you get any of the magical beans op mentioned?
wow guys, so many upvotes, thanks!
pfft... those are rookie numbers. post when it goes to
where is the youtube video you learned this investing hack from? i want to see every cut of the video
only lost 68% did we? those are rookie numbers.
wanna become a millionaire in crypto? start with :)
if anyone invested the first , before the most recent ‘crash’, they would have had over ,000. not bad for one year…
legend, this man here is are god and saver!
you should try lose another % so you can at least claim those meme gains. 69. nice. 68. ...whatever.
the dollar sign goes in front
thats not bad for a beginner, but how long did that take you? buy my course and i can teach you how to half or even quarter that in less than an hour
you guys have money left after the advice from this sub?
the irs hates this one simple trick.
it's a smart way of future tax deduction...
what color lambo are you considering?
that's a start. when you get a little more experience head over to r.
this is the way, i hope at least
32, how do you do so well?
why follow shitty tips on subreddits? check if a project has a fundamental project,good partnership and incredible investors,from my research matic,aave,uni,pnode and chainlink scale through the prooperties and then eth they all have good store of value. you might want to check into any for future investment. ' dyor!
i've sorta done this once before too in high school math! basically we were taught a new equation one week. next monday, pop quiz, and i had totally forgot what the equation was. so i just looked hard at the problem, and used the most basic algebra to sort of brute-force the solution. my work was 3x longer than if i had remembered that equation designed to solve the problem, but i got the right answer! (it's kinda fitting that i now do some light programming for work, if i ever have to do math i still break each operation down into individual steps anyway!)
yes but if the ball proceeded to bounce off your head and land through the hoop you’d still get the points... sometimes in life having the right answer is good enough, even if your justification was out. edit: i think i kinda made my point!!!
not a very good example unless the correct solution the kid came up with could have been obtained purely by chance.
that is just an absolute gem of an analogy. and props to the teacher who came up with that brilliant description of the difference between brilliance and a participation trophy. the hilarious mental image of a player somehow having a baseball embedded in their head is just somehow perfect. 👏🏾
doesn’t matter they still made money
i’m not sure if that’s the best example because he still caught the ball and the ref should still rule in his favor.
i can stand teachers like this. just because they cant do math in their head means everyone that can is a cheater. i had to have my parents get involved with school administration because my math teacher would fail me for not showing work. they made me do a test in front of a bunch of people and i still got a 100%. also, that teacher was a super bitch. i heard that a few years after i left someone loved her so much they put staples in her iced tea.
what an unfortunate thing to happen on dozen egg night.
big fan of this analogy.
i have a simple example because iam a simple man. just say you are marrying someone through arrange marriage and on the day, you notice that the brides younger sister is hotter then her, so you marry the brides sister instead... above example applies to crypto, sometimes the younger and unknown cryptos turn out to be hotter then the elder sibling... thank you everyone.
depens really. wrong as in got the right answer by chance or wrong as in used a different method to arrive at the same answer
i did this on my pysics exam. there was this really basic question and i totally forget the right equation. i basicly wrote down all the physics i knew and apperently made so many mistakes that my end anwser was almost the same as the right anwser. but here you get 90% of the point for youre calculations and not the anwser.
at least it has to say "diamond hands" and use not less than 5 emojis to be good financial advice
imagine someone transfering money to a nigerian prince, but it turns out it is the real deal
>nobody has a crystal ball. missing insane gains does not mean you made a bad choice based on the information you had at the time. exactly. someone else in this thread is bitching that the sub told him to not buy doge. that's not bad advice at all, you should not buy it, but the fact that it went up and you did not buy it does not make you dumb. you missed a lottery, it was never a sound investment.
exactly. people missing out also determined the price back then and now.
insane gains, i kept buying amc under . this last time i sold at ’s at almost . i’m sad rn but who would’ve known
making a good financial decision with a bad outcome is still a good decision (this would be like investing in an index fund that then crashes 50%). but then there are bad financial decisions with a good outcome (wiring a random ass exchange to buy some numbers on a screen) or aka buying bitcoin in early like 2014. good outcome, ridiculously stupid financial decision. good financial advise is about protecting assets and limiting drawdowns while still slow but steadily gaining money. if something is excessively risky but you had a good outcome, you didn’t make a good financial choice, you simply got lucky.
not just that but tons of people did it for the exact reasons that the current bitcoin success stories did and got fucked anyway. i spent a small amount of cash on coinbase years ago that has returned me 50x what i put in in seven years time. i also spent a small amount of cash on cryptsy on, among other things, doge years ago that got stolen by cryptsy that would have netted me an insane return (i bought 40,000 doge for .) i both won a small jackpot and got my magic beans stolen at the same time, and if i had gone all in on either investment i would have either made a couple thousand more or missed out entirely. there's literally no difference in why i made either purchase (had some spare cash, friends were into crypto, wanted to have some fun watching numbers go up and down and ride the wave with them.) it is good luck i'm up what i am and bad luck i missed out on tens of thousands due to cryptsy.
i'm not a crypto guy, but have done fairly well over 20 years of mostly investing with a smidgen of speculation. i learned that preservation of capital and leaving some gains on the table are totally okay.
> nobody has a crystal ball actually, not true. plenty of people own a crystal ball. however, it is very unlikely that any of them see anything other than their own reflection in them.
r! they tend to not like crypto but offer very practical advice. (note: very us-focused but there are spinoffs for other countries)
i think advice needs to stop being given on this sub period. the best way to learn is the hard way. so many people complaining about entering- that is the whole point! it's a learning process. imagine learning to ride a bike and falling off your first time, then getting mad at the bike. taking that even further, if you ride a bike for a year, you would not be in the x games- you'll still be getting used to the damn thing. the only thing that should be said here is: do not invest more than you can lose. that's it. the rest is up to you.
i was listening to a crypto podcast and a guy said he would only buy stocks if he could get the companies' shares as a crypto token... i was like wtf. why am i getting advice from these people?
don't try giving it to them, unless you want to collect all the downvotes. i tried explaining that the hodl mentality was dangerous, and that reasonable, objective, take profit and stop loss orders are the keys to taking advantage of heavily speculative scenarios like this. it was not well received.
but getting called a moron for having emergency savings is sooooo much fun
this is golden advice. crypto is still a form of investing and investing is a personal finance. fomo is a real thing, and everyone needs an investing plan
i'd love to meet the person who does not need more knowledge.
while all of this is true, this doesn’t change the fact that in australia there are 48 million kangaroos and in uruguay there are 3,457,380 inhabitants. so if the kangaroos decide to invade uruguay, each uruguayan will have to fight 14 kangaroos. ![gif](emoteemo_pack_1dancing_wojak)
exactly. people think holding bitcoin from when it cost less than a dollar would have been the easiest thing in the world to do, but tell me how many people realistically wouldn’t have sold when it hit ... when it hit ... when it hit ,000... when it hit ,000... when it hit ,000... and on and on to when it went over . and bear in mind that during all these phases in btc’s growth there has been non-stop fud, people saying it’s a bubble that’s gonna burst any day now, people saying it’s worthless, etc., and some plebs here truly believe they would have had the foresight to just keep hodling all the bitcoin they had for a decade. y’all must be dreaming, or like nottophergrace said, you would literally be an insane person.
oh no! ath! time to take a 12th mortgage and get some coins.
this sub especially when moons started. the shit posts and shill posts ramped up to 1000% and ruined the quality of the sub.
a friend of mine came into crypto after the nft buzz a few weeks ago. she was riding high because doge was super hot before snl, complaining about newbies and stuff. i was like, girl, you're a newbie!
as they say, everyone's a genius in a bull market. i was getting advice from someone (ahem, doge "investor") who did not even understand what a wallet is. yeah, hard pass on your 2 cents buddy.
where are the crypto vets?
i got into this about a month ago and feel just as lost most days as i did my first day. sometimes it just doesn’t make sense.
i know it is true cause i have been like that as well. it's too easy to act like you know what you're talking about when in reality you've just been watching some youtube videos for a month. now i try to use "imo" "i think" and stuff but it is still hard to thistinguish people who know their stuff from some rando nerd when everyone is anonymous. best to assume everyone can be wrong online unless they have got some seriously good arguments and proof of their competence
a lot of 13 year olds with wallets down 50% saying "diamond hands" and "buy the dip"
intelligence test!! :-) “what is a market cap?” “what is a hardware wallet?” “coin a costs . which should you buy?” :-d
here's an idea. what if we attached some sort of points to people. maybe give them some fancy name like lunars or something. idk i'm still working on the idea 🤔
best example for this is twoplustwo.com poker forum there's morons there with 15,000+ posts thiscussing heavy theory that i do not understand. i can quit 5 years, come back and get better results. everyone good gets off after not-long and makes friendships with other talented people the people left are socially anxious low iqs that think have high iqs. most of reddit has always been like this, may it be for crypto, poker, politics, local forums... anything. under achievers trying to find dumber people than them to talk down to or to prop up to their low level.
>dyor this is kind of bullshit though. it's like telling lay people to compare the efficacy of medicine 1 vs medicine 2 themselves. 90% of people do not have a technical background capable of even surface level understanding on the validity of a projects goal. so dyor really means go read someone elses research and decide if you like the project. that or people spent 10 minutes watching youtube videos on technical analysis and austrian economics and think they are geniuses now
yes, and to watch out for fees like on coinbase.
that is like 90 percent of the advise. outside of the days of extreme volatility when everyone is panicking, this sub is pretty consistent
this is honestly the only investment advice i see on this sub. i'm not sure where the bad investment advice is.
username checks out. every day is green day if you try hard enough.
this reminds me i need to go smoke a bowl, thanks dan!
just bought shiba at ath thanks to this subreddit. love you guys!
op complains about this and he does the same lol.
think there is a guy constantly do the opposite of this sub's and post it, wondering how he is doin now
>literally the whole sub bar about 10 people were vehemently against link when it was only -2. that's because it was shilled 24...
the doge bull run was catastrophic for this sub. during all these months you could read sd well that link sucks,tron was scam,ripple scam,binance scam. no words about polka whatsoever ada had a great run and now that is in hype mode is time to hate on it. so i guess ada will reach 10(specially since i own 0) best post by far in this sub in a year was that one about how to trade and make money in shitcoins.
this sub convinced me to dump doge. week later it shot up from 5 cents. i'd have like 20k right now.
from my memory, reddit has been wrong about nearly everything in crypto. the majority usually is wrong. **reddit told everyone:** * ethereum was a scam & would never be worth anything. * link was a scam. * alts would never recover after the 2017 crash. only bitcoin. * cardano would never release anything (this fud really has not changed lol). * proof of stake would never work. * defi was a gimmick. (anyone remember tony vays pushing this?) * nano was the future. * every alt was a security and therefore worthless. i'm sure a lot more that i cannot remember. the only thing reddit got right was eos, but that was dumb luck. eos was a great project at first. then the creator decided fixing governance was too boring, and it all went to hell. **now reddit pushes:** * cardano sucks. * nft's are worthless. * every alt is a better investment than bitcoin. * nano is the future. can't let go of this one lol. * meme coins... never listen to reddit. join the communities of popular projects. use the networks. get in thiscord, and learn from them.
>never again, reddit. false.
i remember times when people here hated nano and loved ltc
i bought link at , it has not gone below that since, which is not something i can say for some of the other coins i bought, rip
i once fucked up a wallet hash and sent a few thousand link to a shitcoin smart contract instead of my exchange wallet. was only worth a few hundred at the time, but seeing the value of that link sitting in a dead coins contract kills me every time
damn. one case where social justice screwed you. the real advice here is to filter out noise and go with your gut conviction, and create and stick to a plan. i bought gme on pure fundamentals alone around -. i had hour or even multiple hour long conversations trying to convince friends that it would go up tremendously on the long term time horizon due to the turnaround from a dying brick and mortar business to potentially the next amazon for gaming specifically. i got laughed at, i got told to sell, i was barraded as being an idiot that did not do his research etc. luckily in this particular case i did not listen to those people and sell. i held on as i had my conviction. i do not mean to bring stocks to this sub but the lesson applies. i had similar experiences when i was buying btc at -10k range last year. and here we are. i also had a similar experience to you with link when it was around . i eventually did do more research on it though and ultimately decided to buy in at .30. so it is not entirely bad i suppose.
this sub is quite toxic to ada recently, i see a similar pattern. am i looking at -? edit: grammar.
i would ask someone to name a longer lasting bubble. bubbles are, by their nature, short lived as manic buying pressure depends on human attention not waining. a 12-year bubble just sounds ridiculous on its face.
i mean, just look at his post history. he's just farming moons by repeating what others have said hunderds of times in the sub
agreed - long and short of it is no one knows shit. do your own research and take your own risks. own the outcome either way.
thank you for pointing this out. i am new to this as well. there were a few points that seem “high horsish” to me. saying to not have any money invested in crypto you must be stupid is super ignorant as well. i think it’s a great idea and i do have some invested but there are many other reasons why someone might not have money in crypto...
for real though. it’s upvoted by all the other fomoers of 2021 lmao
i know right. someone who knew of and was willing to spend , managed to keep the private key for the last ten years, and managed to hold on to the coins through the ups and downs probably deserves some credit. it’s the later speculators who joined in last few years while still making decent dough from the rise who tend to make the most noise. it was so new at the time that the idea of bitcoin was weird. it’s easy for people today to even think about the concept of investing in crypto as normal but back then it required quite a leap of faith, and frankly most people wouldn’t have done it. and i don’t think most people who invested that early expected it to moon unlike a lot of more recent speculators who are more price-focused.
okay but seriously... how do you have half a million moons? teach us your ways.
this thread is a shit-talk r. use this subreddit for fundamental analysis, to find out about coins, to hear criticisms of them, but do not absolutely do not listen to the hive mind of when to buy. however there is good advice repeated over and over, which is, if you're a beginner focus on buy and hold—time in the market is better than timing the market.
half a million moons???? how? 😁👌🏻👍🏻
i like to think drugs and other various dark web purchases are the reason btc became anything at all. makes it more fun.
exactly! i can’t see nobody watching his money grow from literally nothing to billions, without cashing just a bit. 99% of those historic wallets owners, just lost their seed in the boating accident, dead, or sipping some ice mojito in villa in puerto rico.
...and then there’s my friend who bought it because he wanted the most expensive currency in the world
yeah i feel like i’m taking crazy pills with this post. sure there is some not so hot advice on some tokens or whatever, but this sub is overwhelmingly about investing what you can afford to lose, doing your research, dcaing and thinking long term. what specifically is op even talking about?
its valuable because i lose a lot of money 🙃
this. because of this sub i got into ada and even with the dip, i was still 100% up. it depends on what you make out of it. just a point in the right direction is sometimes all it needs.
the composite reddit schizo
weird how they all hold the same three shitcoins then.
i know! i keep hearing about this bitconnect i'm going to invest because the guy was screaming about it.
taking me back down to earth bub. or should i say the moon? either way i like this mentality and am striving to adopt it myself... although i often wrestle with when.
i've been chewed out a few times for suggesting using stop-losses because "you'll get stop hunted bro." while its possible, if i have a stop set at a certain point, its for a reason. that's why no one mentions it because anything that goes against hodl is "bad".
he's the creator of bitcoin. that's why the bitcoin cents are called wuffets
at least not on this sub
welp. time to put a body to your name homie.
i second this. while i do ratehr enjoy the banter (for want of a better word) between different coin fans; i would much rather see more unbiased and level headed thiscussion rather than several dozen posts attemtping to explain how some piece of crypto news favours their chosen coin over all others. i also really appreciate the threads that go into the technolody of crypto. after all; it is not a simple subject and we really could do with more people building a solid foundation of understanding in the technology that their investing in.
well yea its a bunch of dumbasses
what? that’s terrible advice. green doesn’t always mean go. if you’re only buying on green candle days you are literally buying the hype as. this is how you quickly get stuck as the bag holder in a two year bear market. i’ve been there and got the t-shirt. don’t be a retail sucker. do like buffet, buy when others are selling.
how old are you bro?
no, i think you've not read enough about this. investing should always come with wisdom.
i turned ,000 which will get me out of debt completely for the first time in decades. i feel like a financial genius! mind you, dogecoin must reach .00 for that to happen but i think it will when coinbase adds it to their main site which has over 50 million users. i bought my dogecoin way back in 2014 when people were giving it away.
the coins are essentially the company offering now.
it's not always fun, some cannot have open thiscussions.
>i’d hardly call those people lucky, i would call them logical and intelligent pioneers. i've heard tons and tons of stories of people who became btc millionaires, and it was not ever once because they saw the value and knew what would happen. a guy spent 30kbtc(if i remember correctly) on pizza. another guy lost his in a hard drive in the dump. these people are the majority, i've never heard or seen an interview or anything where a person says "yeah, it was digital gold. of course i invested in it!"
can't pay capital gains taxes without capital gains ![gif](emoteemo_pack_1dyor)
i managed to invest my .
i’d kill to pay some fucking taxes off my portfolio.
buy high sell high ![gif](emoteemo_pack_1dancing_wojak) ![gif](giphy3brdkvjkikyw4)
insert 8 redditors here saying this is the way
this is the only way. we’re all eskimo brothers!
buy low and sell lower.
thank you for your valuable information 😂😂😂
but a lot of people ending up with... buy low and sell high !
can confirm this works. you just have to get past the unimaginable horror of seeing your portfolio decimated
you joke but this is absolutely the way to go if you believe in your initial investment.
i need this to work...my bags are loaded. all i have to do now is invest in btc and eth as i'm full on shitcoinzzzzz
that's... what i did in the 2018 crypto winter and i reckon lots of people did it this way. as a result my portfolio is still waaay in the green compared to when i got in the market
buy when there is blood on the streets and sell whenever you see 2-3 shitcoins moon
support is wildly different from good advice but easy to mistake.
the point op is making is that newbies wouldn't know the difference between good and bad advice and the combination of an overhyped speculative market that just went through another boom and a shitposting internet portal does not necessarily lead to objectively good advice
lose money in the bull market, lose even more in bear market true wsb member
i donno tha way
have you ever tried doing leetcode questions? if you have not and you enjoy breaking down problems, i'd recommend it. they mostly boil down to this and knowing leetcode really well is the ticket to most big tech software positions.
honestly, speaking from someone who'se a phd candidate in mathematics, i'd be more impressed at a high school student figuring out their own solution to a problem than one they memorized. that shows real problem solving abilities. most my college students cannot come up with their own solutions if they forget an equation.
i'm not sure you know what baseball is...
this is slightly relevant in a funny way but we were in a gifted calculus class in high school and we were solving a problem. one kid solves it by doing some crazy shit, but this was the only instance of right answer “wrong” approach where i’ve seen the teachers mouth drop open and say “that’s way beyond the scope for our purposes.” she ended up not counting off for it and he’s a 25 year old doctor now so. good for him. i feel like the only people that is applicable to here would be if you invented a useful and successful crypto lmao.
dude do you know what baseball is??
i’m very appreciative of the good laugh i got from this comment and all the replies 😂
lmfaooo i also read it as basketball and was so confused at first how a basketball would get stuck in your head and why you’d catch it
isn't that exactly what they said... he did the work wrong but luckily got the right answer.
isn't that literally always true?
a math teacher i had in hs (one of the best teachers i've had) did a great example of why showing work was required. he solved a problem 100% wrong but obtained the right answer. while showing work can be a pain it also makes sense if there is partial credit, you make 1 mistake with no work 0. with work you could still wind up with the majority of the points since you made a minor error but still know how to solve the problem.
some things, a lot of the coins i put money into did not really go anywhere though. after 2018 i kind of left most things alone
i did. it's a common misconception that you can just hodl your way to success. this works with btc. i held those, but there are also a lot of other coins that have either never sniffed their ath since then or which even got delisted leaving me with nothing. don't hodl shitcoins.
tbf the real nigerian prince would be just as corrupt as any person in power. i doubt he would “2x your investment”. if anything, they are more likely to fool you.
i'm rahiki, son of tanuku, i'm real nigerian prince. my father was overthrow by his brother totuk and exiled me from my kingdom. i lost the woman i love, cannot see her anymore, and i'm currently living in the wilderness with two people that took me in. i had to resort to eating bugs to survive. now i need to retake my land from totuk and bring back honor to my tribe. i need .000 to make this happen and when i regain pride rock i will wire you .000.000. i'm for real.
lmao reminds me of a scene from flight of the conchords
i used to play tournament poker a lot and this kind of thinking is what drives people to play like idiots. it’s way easier to bluff an experienced player than a new one because the experienced player calculates risk and decides if it’s a smart play while the newbie throws money “just to see”. if they make the bet and win, they celebrate their “good instincts” and it reinforces the behavior. winning the hand doesn’t make it a smart play. that’s called luck, not skill.
doge is a coin that manipulating by some billionaire. you can see this wallet [here]( this wallet started to buy doge in 2019 and keep buying since then and it holds 30% of all doge coins and it is balance is at . guess who is this billionaire?
yeah, his point was it is a fallacy
the point of crypto is to do that in like a year instead of 20.
nicholas nassim taleb has entered the chat
~~some~~ most people ~~here~~ everywhere
the flowchart they have for what to do with money is a brilliant yet concise resource. once you hit the end of that chart, the usefulness of the sub starts to diminish, but at that point, you're already so far ahead of the crowd that you should know how to research and make more advanced decisions.
without a fundamental understanding of personal finance, tax laws, budgeting, etc, you're going to have people investing more than they can lose. so many things are dependent on what country you live in, but some of the calls against traditional banking
thanks for the advice 😂
most "advice" is just an excuse to shill the coin someone is invested in. there will always be people willing to do that.
avoiding stop losses to me are the only ones that i think is pretty reasonable given the volatility in the market. there's a decent chance of a rebound shortly after your stop loss would kick in
you don’t have to sell all of it at once. cash in all of your chips. you’d be crazy to sell all of it.
"nothing can ever go wrong..."
the quality of content here was still shit before moons were a thing. it is definitely even worse now though.
check out dunning kruger curve, it’s literally what’s at play here. people start out as clueless beginners and as soon as they attain an ounce of knowledge, they think they’ve basically made it. then as they learn more, they get less and less confident in their knowledge as they begin to realize just how little they know vs what there is to know. the last stage is becoming an actual expert which takes years. most people here are at stage 2: they think they’ve got it all figured out because they know what a stop loss is.
yep that’s another important point: there were points in the last 6 months (actually the majority of the time) where you could have blindfolded yourself, thrown a dart at the top 100, put money into whatever the dart landed on and you had a pretty good chance of doubling your money over the course of a month. when almost everything is ‘up only’, making money is ridiculously easy and everyone thinks it’s due to their cunning strategy and alpha calls, when it’s really just the entire market mooning.
i’m afraid they mostly seem to prefer twitter.
all you can do is focus on learning one new thing everyday. have you heard of providing liquidity? how about learning about that. how about candle stick patterns? even if you only plan to ever hold, it’s useful to know them. how about dedicating 30 minutes to research a coin you’re interested in? just takes a bit of time, but you’ll get there if you put in the work.
i think there are plenty of smart people left on reddit, but it gets exhausting sometimes. yesterday i tried to explain to someone that providing liquidity isn’t the same as staking. their response: well you still stake pool tokens so i’m right and you’re being pedantic. sigh...ok whatever. or the guy yesterday who wrote 3 paragraphs on his day trading strategies while admitting he’s made no money day trading. so basically “i failed the maths exam, but let me go ahead and tutor you.” called him out on his advice (it was simply idiotic), guy starts arguing. it’s a bit exhausting and you feel like everyone just wants to keep drinking their own koolaid anyway.
this exacty. the only way i can do my own research is to listen to competing views on topic. then shrug cause i don’t know who to believe.
hey man, i googled the p. that's dd, right?
yeah this is a common issue. people with zero computer knowledge talking about things like the future of smart contracts on cardano or how solana is going to scale.
i'm a newbie. would you mind elaborating on this?
i too bought eth at all time high. it went up to 4.3k a month later and now i’m at a loss. if you believe shib will have returns you hodl. if you didn’t invest much might as well just hide it from your spot wallet overview and consider it a sleepy lottery ticket. in these times we been proven time and time again that this market is extremely unpredictable.
hi, my name is george. i'm unemployed and live with my parents.
most definitely a billionaire
on the fucking moon.
i honestly cannot think of anything that is frequently thiscussed on biz thats a scam. there is the occasional driveby scam, but anything thiscussed for weeks or months has been legit.
> so i guess ada will reach 10(specially since i own 0) i fuckin' hope so!
yeah i noticed that, i would never take advice on what coins not to buy on this sub.
> 10 minutes of reading about chainlink & oracles back then would have saved you the woe. completely agree, but here's the trouble. 10 minutes each on the projects from rank 11 to rank 100 is 900 minutes, aka 15 hours...
10 minutes would only give you chainlink's goals. there are dozens of useless coins with incredible goals. you would want at least a few hours to understand the basics of the tech and dozens of hours to see if it would really work.
> 10 minutes of reading about chainlink & oracles back then would have saved you the woe. no. i mean, do not get me wrong, i think chainlink is an incredibly valuable product, but there are a lot of products that any idiot can convince themselves with 10 minutes of reading that it is the next big thing. do not encourage people to do 10 minutes of research and claim "it is the next link!". that's part of the problem here.
to be fair, it is a meme coin used for wealth transfer.
well doge is fucking stupid and the advice should always be do not hold it. that's practically the point of this post.
same here. i sold at 0.07 right before it took off. that made me realize that most people here just hate the coin and every speech against it is just an attempt to rationalize that hate. i did a deeper research in the meanwhile and thiscovered that it is a much more solid investment than i thought. i jumped back at around 0.25 and it is probably my investment with the most growth potential right now.
doge is not a coin any sound financial advice will advocate for. ignoring all the memes on reddit about it, just read the official wiki page. like 98 percent of it is held by only a few people. it feels like a classic pump and dump scheme that’s very suspicious. crypto is good, doge is supposed to be a joke and should be treated as such. i’m not saying fomo is never justified, but no one should have fomo about doge unless you literally had it stolen by that idiot who took millions of it from the dogetipbot.
don't feel too bad. people are dumping hundreds of thousands of dollars into shiba inu. i only hold 3mil, and will buy more over time. but i'm not making a hundred thousand dollar fucking investment. i've seen two within the past week or two. when people are done with meme coins, shiba will suffer. that's why i'm only buying the equivalent of mcdonald's. they genuinely believe shib will reach . never mind it would have a market cap larger than every nations gdp combined...
> get in thiscord, and learn from them. do all of those things newbies. but do not join echo chambers. you cannot be sure if the telegram're joining is even half legit, or is being utilised as a pump. you'll find these places all succumb to groupthink as well.
> the only thing reddit got right was eos, but that was dumb luck. eos was a great project at first. then the creator decided fixing governance was too boring, and it all went to hell. they may end up wrong about eos as well. bullish.com seems promising and eos has been making a lot of progress with development from what i've seen. excited to see how their smart contracts end up doing in the long run. i do wish i had sold more when it jumped to 14. > eos was a great project at first. then the creator decided fixing governance was too boring, and it all went to hell. pretty sure eos has been working more on governance though i have not read up on it too much: >dan larimer published his proposal for the edenos roadmap, a new governance system designed to make the eos mainnet "the most decentralized, transparent, democratic, governance process of any blockchain." >edenos will be developed with the support of the eos alliance, the goal currently being to test how the edenos system works in a transparent and verifiable manner, before beginning on-chain implementation. >through edenos, the community will have a system to govern itself, completely independent of any company or organization. >"it is more important than ever for the community to have a means of reaching consensus on who to trust to utilize community funds for the benefit of everyone." >according to the proposed roadmap, in q2 2021, block producers will be asked to use 1.9 million eos of the eosio.ramfee account to fund the eden community once edenos has successfully initiated at least 1000 members and held its first election in which a budget will be allocated to about 100 community representatives. i see eos get trashed a lot but it usually seems based on older issues while completely ignoring any developments they have made in the last few years. makes me a bit sus about all the anti eos posts.
> cardano would never release anything they still have not.
haha you’re so right. i was cruising round some old threads from 4 years ago now and people were on the eth subs saying “cardano is a scam” jeeeesus.
4chan with the 4d investing chess moves.
^fast ^and ^feeless. ^
they still do hahahahaha
yowch. this is the scary part of crypto.
i agree it is worth over ten dollars but “next amazon” is dumb
crypto has had sever bubbles in those 12 years. the tech industry and housing market still exist today and those have also had bubbles in their existence. a bursting bubble does not mean something ceases to exist in the marketplace.
instructions unclear, i’m going long and shorting shiba right now.
you’re saying you’re agreeing with the comment but what you said agrees with the op
hes a moderator. mods get to create stickies at the top of the subreddit. stickies always get tons of awards and upvotes.
he's in the mod team. first time ever a bunch of mods will get rich from moderating. 😁
tell people what they want to hear and they give you moons. i analyzed 6 years of btc data and we will all be millionaires
its what originally appealed to me! anything i can buy drugs with has to be worth something
he's moon farming like 95% of posts in this sub
so basically. don't take your advice?
that just says to me to do the opposite of what you said to do. why would i trust someone who lost alot of money?
you sound like a teenage "summer student" who bought the top at ,000 and is salty.
twitch trades bitcoin would actually be kinda interesing to watch. throw . require a certain amount of votes either way and restrict how often it can buy sell e.g. maybe only once every 15 minutes or so. come back in a week and see how it does.
i scrape 10% off every investment when it doubles, but i just tether it and reinvest during the dips lol, that’s my personal system. helps me to keep emotions out of it. i used to take original investment out when it doubled so i could play with house money, but it was stupid because i dca anyway so who gives a shit about initial investment in the long term.
exactly people here care more for their own wallets than the community they are pretending to foster. be careful out here!
yellow means speed up and blast through before red. so yellow basically is yolo
people here think that just because buffet doesn’t understand the tech behind crypto (show me a single 80+ year old person in the world who does) and isn’t bullish on it, that means he’s some kind of incompetent clown who lucked into his wealth accidentally or something.
crypto people hate him because he is very good at looking at sec filings and evaluating a company's potential from there. he has no technical computer background, white papers are all written entirely optimistically, and theres no sec type of enforcement. asking him to evaluate or endorse btc is like asking walt disney his opinion on who he thinks the masked singer is. related industries, but completely different. also hes not a fan of stores a value. hates gold, occasionally will deal with gold miners.
i’m not saying everyone who invested saw the value but many certainly did that is not even debatable really lol
much wrinkles in that brain of urs
i think i can manage to have realized gains and unrealized losses add up to owing the irs more than i’m worth. a family member of mine managed to do that really badly when the dot com bubble burst. owed the irs about 3x his net worth.
can't deduct (in the usa) without huge capital losses.
this comment is not playing games😂😂
the jokes on them we can all go on welfare and get a cut of their taxes
directions unclear, going to pack a bowl.
if your sells are not high, does not mean you cannot get high
i assume you invested in .
the real advice is always in this particular comment👍🏻
buy drunk sell high
do you guys buy or sell when sober? never heard about it!
or in other words, just trade (while being) high
you can’t sell low if you’re stoned!
dont forget to bring a towel
can confirm this is the way
buy high, trade sideways chasing the next mooning coin, lose it all on gas fees
buy high and hodl till newbies join the game.
omg i've been off reddit for too long since when can you post gi
thank you for making this process more efficient.
where are you hiding these redditors?
this is the wayyyyyyyyyyyyyyyyy
mate the way you started going very deep 👇⬇️🔥😂
only 8? you underestimate this subreddit :)
directions unclear… went other way.
i’m hoping for more than 8 the day is young
it’s not really horror anymore, more like a cartoon. thanks to volatility when it comes to crypto, i believe it will be nothing. i believe that majority of the guys here are already empty inside from all these rollercoasters going one day +50% to next day being at -90%.
mmmm tasty 2017 vibes.
the ideal play is selling at the top of the bull market and buying at the bear market hahaha, but yeah it is honestly not a bad play, as long as you bought good coins that have good long term potential, some coins never revive
the next 3 months are the last chance to buy in this bull run imo, after that it is just a way up
yes i do *proceeds to explain soccer*
like a house of dominoes...check.mate.
i do not think so. he seems to think the baseball hoop is near the stands, when it is on the field nowhere near the spectators.
ahahahaha read that as basketball! oh well, you know what i meant!
ah the days of omisego, ark, xem, request network...
i do not know why but i never thought about this scenario and you just made me laugh out loud
are you for real?
do you accept doge tho?
i just read this with black panther's voice and it convinced me.
but what if totuk will win in this fight? this person will lose his investments... maybe he should invest in totuk? totuk to the moon!
if you live in the wilderness, how do you charge your phone or computer to get on reddit?
bro, you can keep my money. that was sad. what's the addy?
where can i send the ?
wait is this the plot of the lion king? it is been a while...
why are you trying to fuck my wife
i think i will take you up on this. .000.000 would mean no worries for the rest of my days.
as my dad used to tell me, i’d rather be lucky then good. too bad i’m neither 😂
spot on analogy with the poker, that is the one i've been using. and you usually avoid those donkeys like cancer because they can bust you if they get lucky, because you cannot read them and they will call anything.
is it melon tusk?
>guess who is this billionaire? probably not elon musk like many people think, considering he publicly called that wallet out as one of the issues of doge, and even offered to buy it all from the whale in order to prevent them from controlling the market (kind of ironic now).
rich ass billionaire is kinda redundant isn’t it? i don’t think i’ve ever met a poor ass billionaire
it also sold 1. dude's been churning a lot.
thing is you gotta be in a situation where you can sock away 20k a year. most people here that are looking for quick gaind are not in such a situation. and putting away a grand each year, while nice, is not gonna get you to "retire comfortably".
this assumes 1) there are no economic depressions. if you were socking away money in 1929, you would have broken even in 1951. (assuming you even kept a job!) 2) you are able to get and keep a steady job. *2020 has entered the chat jumping up and down bragging about putting 40m people out of work.* *1929 has entered the chat and brags about 25% unemployment rate.* imagine you get hit by such a depression and are out of work for 3 years. that will kill any attempt to sock away money and you'd be withdrawing it to make ends meet. imagine if you were out of work 5 years. what's a financial plan?
or go homeless but each to their own.
that's actually not the point of crypto though.
going past the end of the flowchart, what about the ? i go there to read stories and journeys, but i cannot vet the quality of the advice since i do not have that kind of money (yet) to have my take on it.
upvote for the chart, great resource for anyone. once you reach the end of their chart there are additional resources in the wiki that go into more detail for things like buying a house, having kids, and retiring early. in my case i just bought crypto when i reached the end.
is the chart pinned in that sub? gotta go look at personalfinance now
it's the only advice i will give! 🥸
i can understand that, and i tend to set my stop losses pretty deep as a result.
i'm new to the sub (not crypto) and got in right before moons. once they happened the meme posts went to 10 and the "humor" posts went to 20. i did get a good chuckle out of the meth post but this sub is not really the place i want to go for humor. it's like if .
there's the double whammy of experts being withholding because they underestimate the value of their knowledge and sophomore who may reject the expert's advice who does decide to offer it.
any handles worth checking?
you are exactly right i’m learning new things everyday. it’s honestly quite amazing everything there is to learn.
“i looked at the charts and picked the ones that have been going up the most lately!” - every new crypto gambler.
i’m also a newbie, but from what i can tell it’s just that while coinbase is user friendly, it has higher fees than other apps. coinbase pro has lower fees, and i believe gemini allows 10 transactions a month with no fees. could be wrong though
be more like dan, op
i'm the opposite of every man you've ever met
that guy was warren buffet
it's so hard to tell there. i've seen a whole lot of rugpulls this year... last cycle it was the ico scams... there's some good projects that are community favorites too for sure. but no doubt they got on link early though... i remember the endless threads when it was only like $.04... i was only there for the pm threads back then... was stacking silver not crypto last cycle like an idiot lol
some anonymous doge hodler has 30% of it is total. you can see the wallet [here]( guess who is this?
doge just went up to .41 cent from .30 and will be added to coinbase tomorrow the only stupid ass here is your dumbass
can you explain? from what i’ve seen it can inflate infinitely and doesn’t have much use
its pretty easy to tell. any discord group focused on price thiscussion is a waste of time.
right? its weird how often cardano advocates conflate "on the roadmap" with "actively released".
eth miners fud too to get rid of competition. check out the chia mining sub, nothing but fud.
they really don’t though
maybe but tbh amazon has really declined in quality over the last few years, it is just endless pages of rebranded alibaba drop ship garbage, they do not even have the best prices or fastest shipping anymore so i definitely think there is room for competitors for certain product segments. otoh aws is their backbone and i do not see anyone testing that for quite awhile.
mods also get consistently certain percentage of moons each month
it's happened before but we never speak his name.
have you heard about this digital cash...called monero
if i was trying to lose weight and they have me a 400 lb trainer i think i would probably try and switch.
wow i love this a lot i’m going to do the same edit: or similar
its an equity growth etf thats new and stagnant at 0.5% loss for the pass 10 months.
dis guy is foking everywhere
more wrinkles than a shirt ironed by me
how did that end up for them?
luckily they changed the rules specifically to address that situation.
i thought you had to make gains or profit to be able to owe irs anything? so i mean, does that mean he made a lot of money, and never paid the taxes and thought hed make more, and didnt make more and then at that point, had nothing to pay back his original tax?
that just means he bet and lost money he did not have. the moment he realized gains he should have paid what he owed. instead he likely continued investing with what was no longer his money, then making that debt worse when the market crashed. not the irs' fault.
^(sorry) ^(for) ^(misunderstanding.) buy high never sell ! ![gif](emoteemo_pack_1dancing_wojak)
ur_mom says get a job, hippie.
will do a lifeswap from . ![gif](emoteemo_pack_1im_fine)
this is the way 😂
there'd be 800 in r.
that was me after 2017, though if you start by only investing what you can afford to lose, at %90 down there is just no reason to sell. in fact one observation i've made is unless you are that lottery winner, you will have to go through 2 bull runs before you make a profit, so basically 8 years after initial investment.
i'm still skeptical buying btc 38k tho...ok really i'm just ignorant
*proceeds to invent volleyball*
then as a champion dodge ball player dodges the next question like a politician at a fundraising dinner serving rubber chicken at the main entree.
i only accept google play cards.
totuk will never win as long as you wire me the money, this i promise. once i become king i will name you lord of pride rock.
yes, exactly, do you have walmart nearby?
hi neither, i'm dad!
yeah but elon could totally just say that and still own the wallet it would be really easy to, you know, lie on social media
> i don’t think i’ve ever met a poor ass billionaire trump?
this is exactly what a lot of people are missing here when they talk about it. obviously if we all had 20k to just sock away that would be great. most of us don’t.
this!! you nailed it.
you'd have 1.7m if you saved 100 dollars a month from 18-70 at 10% nominal. that would be around 600k in todays dollars. i think many many people could save that amount.
some of us do not have 20 years to wait on the slow and steady. sometimes risks must be taken,
i will confidently say that 95% of the people on this sub are only in crypto for this reason. how many people here do you think actually read whitepapers or visit the websites of their coins? know any of the fundamentals of any of cryptocurrency? they're in it for fast money. otherwise they would just open up roth iras or screw around with etfs, which are much safer and more reliable.
portugual gang lets fucking go! learned more there than the 18 years i spent in school.
same. that's where the real choices start. with no kids and no mortgage, i turned to higher risk, higher reward investing strategies.
has excellent content if you’re into trading. benjamin cowen and sheldon evans are good also. i would start there and remember to take everything anyone writes with a grain of salt.
tried gemini and they had a constant £2 (or equivalent) fee no matter how big or small the buy is. didn't see the free ones maybe i kept missing it. on coinbase pro it is something like 0.10% or something ridiculously small. never tried the standard coinbase. the pro however, is apparently notorious when withdrawing cash where the fee is high. i saw a suggestion where you're better off transferring the cash from pro to standard and withdraw there (that is a bridge i'll cross when i need to.)
so you’re woman? ![gif](emoteemo_pack_1dyor)
by that logic, every coin that has ever increased in value is worth hodling, doubly so if it’s listed on coinbase. you don’t think that logic is a bit flawed? i get that people like to turn every “movement” they join into an extension of their identity, and any slights toward that movement as an insult to their intelligence, but *come on* my dude. it’s staying power begins and ends with being an easy pump and dump.
reddit for one month, "investor" for two weeks. cry harder baby ' edit: "i heard this from multiple sources already but dint bother to check it out cuz idc" peak doge "investor" right here
> doge just went up to .41 cent from .30 and will be added to coinbase tomorrow the fact that you said "and will be added to coinbase tomorrow" not "because it is going on coinbase tomorrow" shows your fundamental lack of understanding. calling people a dumbass would not make you any smarter.
just checking in, are you rich yet after the coinbase listing?
sure, actually the "infinite inflation" is one of the arguments that prove my point. doge has its supply increase capped at 5 billion coins a year, so technically it is true that it has infinite inflation but to achieve that you need an infinite amount of time. the truth is that doge increases its supply at a rate of 4% this year. this increase is actually good for a coin that is intended to be uses in day-to-day transactions because it helps to keep the fees down and promotes being used rather than hoarded, while a 4% annual loss in value is negligible against the usual price fluctuations. also, just to compare, ethereum increased its supply by about 5% this year, and i do not see anyone complaining about that, apparently it is only a problem when it comes to doge. about the lack of use cases, it just has one, but it is the one use case that everyone understands: paying stuff with it. like a dollar, but funnier. this down-to-earth approach is actually one of the main strengths of doge. everyone understands immediately what doge is meant to be used for, just like my grandma understood immediately how to play tennis on a wii. that's why wii outsold ps3 and xbox360 despite having the worst tech of its gen and not being made for "true gamers", and that is the reason why doge is succeding where other coins with better specs are failing. don't forget that this is a market and cryptos are products being sold to us. and things like popularity, easy access and public engagement are to be considered when evaluating the value of a product.
some of them still do though
who can ship faster then
and that’s what we call centralization
monero's the shit my dude
it's obvious dude is just tryna farm moons lol cos he mad he lost money listening to random ass fools on reddit lol
nah bro you just got the mountain as your trainer congrats.
i love this guy lol
real shitty. they continued to make really bad moves financially and are now retirement age with no retirement in sight.
the way i understand it someone could still do this if they weren’t careful. say someone made 100k off a lucky doge move with only 1k in it. if they sold near peak and then dumped it all into some shitcoin that rug pulled and they never sold. they would owe like . and no money left to show for the doge.
i try to live high as best i can lol
retired at 35 due to smart money management and my mom basically said this. btw love your account, your mom jokes are always appropriate.
probably have that counting bot in there too.
if you are a lazy coward like me who is too scared to sell and thus just altogether avoids trading back and forth then you can actually make a profit way faster. provided you entered, like, in 2020. they say that you actually make profit when you enter a trade - your profit is to a large extent predetermined by where you enter
this is the solidest advice i’ve read so far in crypto. 8 years,people.
... hey hey hey...
qtum, zcash,... damn all of these were shilled and are now sank to davy jones' locker.
do you accept pokémon cards via fedex instead of ?
nah he still a billionaire lol
his ass is poor in a flabby scary way, and so is his portfolio
a lot of people could be setting them selves. myself included, but i decided my child will just have to grind through life like me instead lol. i could drastically cut my monthly spending if i drove a 2000 honda civic, didn’t go out drinking, shopped at thrift stores, didn’t buy all the crap i don’t need(new phones, xbox, etc). but i’m a consumer :/
assume murphy's law and plan accordingly. have a plan b, c, and d. and do not stop there.
haa, i feel you. i was simultaneously so happy finally learning personal finance in my 30s from the help of knowledgeable redditors, and also so sad that this is not knowledge that is taught at an earlier age, esp if you do not come from money!
ben is the guy
try gemini active trader
no he is just opposite of every man
ones said to be rh the other big wallet is said to be elons or a fan as it buys in his bday date amount and always 420.69
i thought so but the check the outs. too little selling activity for it to be robinhood's wallet
all cryptos are pump and dumps they arent companies like microsoft that offer products. you want utility buy real stocks. you claim every coin always increases in value not true most coins dont make it to the top 10s in the coincap market list let alone to the top 5 like doge. as for identity and movement i got other coins im diverse ever heard of cardano. cryptos make money from investors not by selling products thats why lot of you hate on doge cuz you dint get in and feel that money should go to one of your coins instead, if you dont like the tokenomics thats cool but its not much different from most cryptos out there.
why would i cry about doge going up thats for your fucking ass, personally i dont care about hating on other crypto projects thats for lames like you.
thanks for keeping up with coins you dont own fucking lame. lets just say that for me to lose doge will have to drop to .03 so thanks for your concern im great happy with doge
steam, epic games store, origin, ps. which is even more reason why "the amazon of gaming" is one of the dumbest things, possibly ever.
the coin is literally called "r" so not sure what you expected
crazy that he has lost 100 lbs. he looks like a different person now. i hope eddie hall wrecks him though.
you are financially independent. completely independent of any real finances.
they could just sell and rebuy at the current price to show the loss. there is no wash sale rule for crypto. the other issue was that people who worked at .com boom companies were issued stock and the taxes and owed taxes on their value the day they were issued. if that stock collapsed they then owed potentially millions in taxes on stock that was worthless. now taxes are taken out immediately on all stock awards to avoid that situation.
![gif](emoteemo_pack_1dancing_wojak) this is the way ![gif](emoteemo_pack_1dancing_wojak)
wassssssa wasssssssa wasssssaupppppppppp bitconnnnneccttt
i almost got on the zcash train, instead put more money into factom. if only i'd known to put it in a project with real promise and usability like doge. lol.
what’s wrong with zcash?
doesn’t he have a lot of debt? don’t recall if he has that much in loans though
you don’t have to spend less, you can just make more.
"420.69"? what is he 12 years old?
so robinhood doesn’t actually give peeps the coins. you “own” the coin but it never ends up in your wallet. it could be robinhood
>cardano hahahaha i would have bet real money you had some ada
>most coins dont make it to the top 10s in the coincap market list that's literally how the top 10 works. it's not a weekly list of cute actresses.
**this is the way**
it requires you to trust the creator’s integrity forever with no way to definitively prove that it wasn’t tampered with at inception. the story of the creation ceremony is pretty cool ( but it’s a dumb currency model which can never ever be fixed.
that's not how it works. all articles and evidence point to him being one. it's on you to prove otherwise.
probably. there is a quote and i may be slightly off "if you owe the bank ,000 the bank owns you if you owe the bank 100m then you own the bank"
net worth is assets minus liabilities my friend. everyone’s net worth takes their debt into consideration.
thank you!! stop trying to save your way to retirement. find out how to build and create value.
true, forgot rh is literal dogshit
i have a bag of ada, but i'm not this good ball. everyone just hates ada holders... :(
*the way, this is. yodabot*
this is... the way
what articles? what evidence? you made the claim that he is a billionaire, you have to prove it. i did not claim shit.
one of my favorite quotes and it’s so true. the version i heard is something like: “if you owe the bank , that’s your problem. if you owe the bank , that’s the bank’s problem”
the only reason people want to retire is because they work for someone. i haven’t worked a job in years but i make money, why would i want to stop making money? you don’t retire from making money you retire from working for other people.
the way this is - yoda
bro your embarrassing yourself. it took less than 30 seconds to google and find answer. just google trump forbes list billionaire. as of april 21 he has 2.4 billion according to forbes. now if you chose to believe this is false thats on u. but literally this is the main way ppl keep track of high net worth individusls. so yes. it's on you to prove otherwise
ha! nice thanks for sharing
what do you do now to make money?
i am proud of my edited edit: i’m proud of my .80 btc edit: i’ve stopped checking my balance since i’m hodling. edit: couldn't resist, i am proud of my .20 btc. thanks elon musk for nothing.
one of the reasons i wanted to buy crypto was to have a vested interest in it so i would enjoy reading articles, learning about projects and the technology behind it all. doesn't matter how much you own.
absolutely. profit is profit is profit. anything you do to improve your future self is incredible.
saw a guy at a casino being congratulated by staff for winning 250k. he did not look that happy so i asked him why. he said that yesterday he lost 350k. the people betting big and winning big are often losing bigger.
there’s no need to compare yourself to others, invest any amount you’re comfortable with. small amounts will add up over a long time :)
getting in it for the money, but stayed for the tech.
if you wanna compare and feel good, try comparing to those who are not buying any cryptos and are just putting their money in their banks
i think more important it to remember 99% of the people here are just like you... &nbsp; random_guy_123 might say he has a diverse portfolio worth ... in reality he is probably some bloke with .
i’m one of those ppl that is just dca’ing a small amount from my weekly paycheck into 4 or 5 projects that i believe in. to be perfectly honest, i’ve found that this helps with the volatility. market is up? cool my investment is making money, can’t wait to make my regular addition this week. market is down? cool these things are on sale right now, can’t wait to make my regular addition this week. i’m literally like that meme of that cat bopping his head to music while a chart of the market tanking is superimposed in the background lol. if the cat don’t care, i don’t care!!!!
at the end of the day, it is all about risk management. in the crypto world, that , well, think of it as money you'd spent on dinnner. always manage your risk and do not fomo in more than what you can afford to lose.
word. there is nothing wrong at all with buying in little bit at a time. 20 bucks here. 10 dollars there. or put incremental amounts in usdc and wait for the dips to buy in. not to mention you can earn interest on usdc in certain platforms.
dang it …i love this community. this post and comments is what i have been needing. comparing myself to others has been eating at me. thank you all!!!!
my like -100 crypto investments have grown into thousands, neva give up.
i turned 25 bucks into 13 bucks with this simple trick! seriously, bought at a medium price, now holding low lol
i mean it is still amazing if your 20 bucks turned into 100 bucks. that's 80 bucks you made doing nothing! that's umm 10 hours of federal minimum wage work in the usa !
thanks for saying this! me and my :) many people here just shit on the little guys.
love it. once i get my license situation figured out so i can actually buy crypto i plan on only doing small amounts i can afford.
4% btc gains on % to inflation
if you plan to hold eth long term, you don’t even need to buy a full coin to own a full coin! you could buy .7 eth for example and within a few years you’d have 1 eth if you just keep it staked. nothing wrong with not owning a full coin, because besides from price increases, staking is a way to compensate for those that can’t afford much.
any amount of crypto is better than an equal amount of fiat :d
this i have experienced personally previously i used to buy 20 bucks worth of crypto at a time and felt this is so less and now that i have moved into thousands i still feel same and wish for ten thousands though i am gradually getting used to i guess its human nature to seen grass greener on the other side
literally spend my lunch money at work (drive thru, doordash, etc) on a crypto once in a while in hopes it will make a difference when i need it. its not much but it means a lot to me. good luck to you all.
if , the profit on it will also be huge for you.
and if you're just a lurker here, throw ! you can afford it!
look at the whale putting in a whole 20 i started with 4$...
i very much needed to hear this today. thank you.
thanks for this post. i am about six months into my crypto journey. i've learned a ton and am still learning so much and, most importantly, i actually find all of this fun. making money is just a plus. honestly it still feels a bit thiscouraging to ask questions sometimes. wrong or right, i just think i'll get the "you should know that" treatment. but posts like this certainly help slowly prove that wrong. thanks again and best of luck to you. i know one thing for sure: this is the future, and the sooner you get in the better.
this is truth! start small and educate yourself and in know time at all you will be swapping, staking, and earning compound interest!
well to be very honest i am into crypto because i want to learn crypto, blockchain, bitcoin and etc and of course make myself some money during the learning period .
good chance some people inflate these numbers too, not sure why you would want to impress people on reddit but you can guarantee it happens
i turned my first 10$. there is no shame in putting little money cuz if done right it could be turned into thousands.
this is how i started back in 2017. . if i had been put off back then, i wouldn’t have spent the last 5yrs accumulating and hodling.
i mean, i get it. i did not put a huge amount in compared to others and i know if i had the income that some of my friends had...jesus. not just me, but my entire family would be set for generations. but i managed to put in enough to build up a great nest egg in the future so i do not let it get to me. and if i just put 20 bucks in, i still wouldn't let it get to me because the real payoff here is the fact that now and in the future, most people if not everyone will be able to grow their money, which most people have never been able to do. i remember hearing stories from my dad about how easy it was to get a decent-paying job and grow your income through investments and cds. i grew into adulthood feeling extremely vulnerable. i make enough to get by and all, but i know my income is diminishing in value and the whole traditional financial system is on thin ice, so i know that even though everything feels safe, it is totally not and it is absolutely possible that at some point, i could lose everything. the only hope that i see for me is my investments in crypto, which is crazy, but also not when you consider the fact that i really have nothing to lose. my hope is that one day, i'll never have to cash out of crypto and instead live off of the gains. but again, even if i did not invest enough, that is okay because with crypto you it seems like they will always be opportunities to grow your money, something that is completely foreign to my generation.
all these crypto subs need more posts like this. this is the good vibes everyone needs, kind and responsible.
want a shitty example? threw 30usdt worth of bnb in a bsc shitcoin called "space condom". when i woke up from a nap 2 hrs later that 30usdt was about 1.1k worth and i quickly sold. ngl i was hyperventilating lol
i put , sold the other day for !
better to be in the market than out. who knows what that .
🙌🏼 this is truth and this is me in my first weeks in crypto……glad i was one of the fortunate ones who didn’t lose it all and is now in it for the long hodl ✌🏼
you’re a good person. do only good everyday
i think most important part ist to keep dca during next bear market and do not urge for the fast gains. steady horse wins the race(english not my first language, is this correct?) my biggest mistake was that i lost faith in the last bear market, starting 2018. should have been straight and kept dcaing 2019,2020. won't do the same mistake again.
, specially if you are young, dca that amount monthly on a solid coin, stake it if you can, hodl for a year, boom, you will love to see those , it will be like a cinderella story
it's all about the percentage. someone's , and someone's ,000 might just be pocket change. but the point is to put yourself in a better positioning for your own future. a future that we're all trying to reach.
i'd rather spend 20
very very true! i started my first ever investment with . we all start somewhere. now i can afford to fill my bags with link, xdb etc. (especially since floyd mayweather dropped nfts with zytara) but that does not mean i'm gonna look at anyone who cant afford it as being any less than me.
hey, it's .05 now asshole 🤣
been taking some time away, love to see posts like this...
great post. i am trying to listen to this but it is so hard when i feel like i have crumbs compared to others
straight to my heart! thanks
i think i needed to hear this. deep down, i believe it is something a lot of us new to investing know and probably read this thinking, "i've told myself this before...". but, it is different when a stranger confirms why you've been feeling since you first dropped a few bucks into an investment.
true! i started with putting in 20. it's only been a few months now but i've made profit and it is great learning about this stuff.
i've been thinking of just this the last few days so the post helps. i was playing with the calculator and saw that to make what felt like good money with my small investment ada would have to really rocket. and even then i kept thinking that if i just put more the number would be better. but i realized that if i dca properly i can continue to pay my responsibilities and end up with a bit over 2k in the market over the year. that's decent enough and ideally will help me get through nursing school or even pay off my bills and credit cards. i mean if i become financially free then i can play with a little more next time. so it is what it is.
no, it is not great. but, it is a start; the first step is always the hardest.
i'm really happy that someone said that. thanks op !
i started £40pm in btc and eth for my kids. it's not much but the money i can afford is not a lot. i'm just proud to do something for my children and the fact they are earning yield on them as well helps a lot.
that's the beautiful thing about crypto to me. everyone can participate, no matter how humble your budget is. those . it's basically what i've been doing. purchased some (btt, chz, matic) gave me enough return to get into other projects without upping my initial invest.
obligatory if you had put 20 in to btc 10 years ago
great post with a good point. more people should read this! i see it like this: if i doubled that investment of 20.g. a year, i have made a whole lot more of what i would've gained letting it sit in my bank account. that gave me a good feeling no matter how much or little i put in. spend your money wisely and do not compare yourselves to others. they might be all in with their life savings, got a loan for investing or are simply exaggerating on their possessions to appear 'better'. you never know if a stranger on the internet is telling the truth.
thanks! i needed this. it's something i already knew, but a reminder is great. i'm patiently waiting until friday before i can pick up anything else. just paid rent so i'm good to go!
if you go in for the long term, that .
certainly... while i'm not living paycheck to paycheck, i do not have that much thisposable money just sitting around... so i'll throw in 10-40... like once or twice a month.
lmao this speaks to me personally because i literally invested 20€
these are the posts this sub needs. not the hating shit. good for you for making this post. 👏
think of it this way, when you're down , they are down a shit load more.
i started out putting some serious money in about 2016-17, right before it took off. when my portfolio went up 5x, i wisely listened to my wife and took out my initial stake, which left me with just 'house money' (gambling term, meaning all in profit, no personal stake, please do not downvote for fiat reference lol). still was a considerable stake, then made some bad investments in unknown altcoins which decreased my stack in terms of btc and fiat value. now that the bull run has taken off, just the remnants of that portfolio are as much as my previous portfolio ever was in terms of fiat value, despite a significant decrease in btc value. moral of thr story, only invest in quality investments for the medium to long term. never try and trade unless you have a sound strategy for getting in and out quickly if necessary. never invest more than you can afford, and always remember to take into.account your tax man
also lots of people are probably lying in subreddits to farm upvotes about the amount they bought. therefore i couldn’t help but buy 17 btc during the last dip!
i literally put .05 just to get familiar with crypto and then it shot up to .65 so i took that and bought bitcoin at the low point of the crash.
yeah, i've been slowly working my way up, nearly at 100 ada lol
my goal right now is to do a few hundred a month spread out into some of my favorites. keep then staked and earning rewards and then stake those too. i’ve got kids and bills so i can’t just go all in and not be freaking out worrying about losing our quality of life. but i think all in all slow and steady wins for me right now. once the folio is up pretty far and i have the gains to move around i’ll play more with my free money
what makes me sad is seeing the fees associated with doing *anything* with the coins. when you are investing're trying to move, it is very thiscouraging. i've tried moving . then you try to research what to do and everyone is like "the fee is only 's the big deal?". uhh, the big deal is the fee burns my entire investment...
yes it scares me when ppl say they are so broke from buying dips they cant afford the next dip. i have a decent amount in fiat savings that i would not touch. could i drop 5k on algo tonight, sure. would that be smart no. ppl dont dig into your nest egg on a whim. keep x amount for emergencies and x amount to dca or pick up when things go red
ha, i think i spend more in fees than i get back in tiny amounts of tokens!
my 50 cents in bitcoin will be worth 50 million in 500 years
also, people like to exaggerate, so do not take any numbers thrown around at face value.
thanks! i needed to read that.
a 100% gain is still a 100% gain no matter the amount you invested.
i needed to hear this
exactly buy what you can afford.
i started my journey with . i never believed in crypto before and thought i'd missed the boat, but thanks to some candle watching and a bit of day trading over several months, i made 1000x. doesn't matter how small your start. i'm testament to that. i've since gone a bit insane and written scripts that will flag potential winners from bsc and etherscan. it found a brand new coin (days old at the time), which ticked all the boxes from a "what to look for" post in this very sub. so, i've invested in it (i trust my code!) - but because it is so new, my 30.5b coins. sit on that for several years and hoping that is retirment sorted! good luck to all the small pockets, just like me!
i am able to make large investments but i always make small ones too. everything adds up!
a lot of people like me stressing out because of the shit coins getting mooned. i feel like i couod invest before but the problem is i didnt have enough and my investments were already in something prior to that
yeap, little fish right here! doesn't matter how small you start and i find it satisfying to use some opportunities like blogging, noise cash and moons to get even more crypts. when you're a small fish you'd be surprised how much those things can increase the amount of coins you have!
100%. put what wont hurt to lose. if you get too excited and invest more than what you can afford, take a step back and quit buying coins until you get sorted. build upon your small gains and take it from there. patience is key. ask ceo greg
it all adds up. research and invest at your own pace with what you can actually afford. great post op.
your , or 2040. just invest and forget!
just working my way up. put a little bit in here and there. figured one day i'll be able to drop more.
awesome advice! only invest what you can afford to lose. just think of it as trading a night of drinking and a hangover for something that could bring you a lot of joy in the future!
to add to this if you’re a small time investor then 30% drops likely won’t worry you too much.
thanks, i needed that. :)
if i’d put ’ve had my eye on since 2017, i’d have about 20 grand at this point 🤷‍♂️
that's the nature of this sub. very few people really talk, unless in a joking manner, that they lost 50 bucks. you more likely hear about people that either make it big or lose it all. in the end, every little bit does help. the good old saying of "i wish i invested 10 bucks into bitcoin back when it started". you can still get massive profits now.
anywhere is a start. my core advice is stay positive through the red, dollar cost average, and diversify!
i think my problem is the following: i'm still in highschool, i dont have a job. so if i were to invest even everything i have (not planning on doing so) it wouldn't be too much. hopefully i will finish highschool in 2 years and get a job. and even if my investment 10x, it still wouldn't be a very significant amount and this kinda hurts me... like it would be still some money, but even less than the average monthly wage here.
doing what you can when you can is the way. i started with .
the feeling of being up 75% on a coin is awesome, no doubt! but pales in comparison with the feeling of being down 75%...which is more likely to be the case. if you can financially and mentally handle scenerio then you are investing at an appropriate amount for you.
i put .51. basically warren buffet i know.
yah, only put the amount you are willing to lose or what you have!
this is awesome agreed
they are the smart guys. they know to practice first.
numerical amounts i do not care about, but i actually would be curious how much people have invested on a percentage basis. percentage of their income, or percentage of overall savings, whatever. that does interest me, and i think is actually relevant.
i put in .
yeah, it also helps you when the market tanks 65%, you do not lose your shit the way other people do. it's just kind of meh... i can wait. 😅
i figure out each payday what i can put into my portfolio after bills. sometimes it isn’t a lot. most the time i wish i had more to put in there, but i’m getting better about investing at better times. i do look forward to payday to invest in what i believe in though.
💯 this person speaks the truth. i just started in feb of this year and started with just a few hundred dollars. i learned a lot. it sucked to see what other people were doing and feeling id never get there. i got lucky a few times and now im the guy posting about randomly plunking down several thousand at a time. do not get thiscouraged, youll learn, youll win, youll lose, youll grow and youll be better for it. best of luck to everyone, i hope we all get to eat and i believe we all can 💯
invest what you can when you can even if it’s 5’t thiscouraged at all but i see how it may shake confidence, drop lots of money, or sadly even others putting others down for investing in their futures even if it’s small, just stay on the postive side of thinking and be ontop of it like i said you’ll still make it and could get just as far maybe even further than some just gotta build, believe, and keep faith is all i gotta say 👍.
great post! there are little fish out there too, not just whales 🤪
been drip feeding slowly into my portfolios and doing the little things like coinbases videos to earn free coins... algo faucet for algo's (sure it is tiny but it all adds up)... is it huge? absolutely not but it is something and in this crazy world it is better than nothing.
100%. for everybody bragging about their massive purchases i bet there are hundreds of us averaging in with . it's not a dick swinging competition and it all adds up.
i have been dropping 20 50 or hundred here and there for years now. im doing well now. good advice.
thanks for posting this. seeing people toss around thousands and thousands like it is nothing can be a bit thiscouraging to a lot of people (and really it is a little impolite).
great post…i feel like i’m doin pretty good with what i have invested and then i see those posts and you’re right…it takes the wind out of your sails. it’s wise to remember that even a profit no matter how large is still more than you had before and that is a win, string a bunch of small victories together and before you know it you’ve got you a stash! and something to be proud of imo! thanks for the post!
oh, i get super thiscouraged. i'm planning on holding for 10+ years and know i'm going to wish i had more to spend on it. i've been slowly streaming money into the coins of choice, hoping one blows up and becomes a multi million dollar coin, but very unlikely.
thank you for sharing good information. you have helped millions of investors take a more positive view.
guys, it is all about snowballing this.start off what you can afford, take profit (with the capital gains tax in mind), eventually take your investment back. then use the house's money to gamble, invest, speculate.it does not (normally) happen over night but crypto moves fast and you are in early still. i only started in feb this year and most of the people i know, are aware of it but poo poo it or hesitant to get their toes wet. you (we) are early, invest, make profit, learn and make more profit. i plan of blowing my 401k out of the water by 2025. ride this bull market, make as much bank. get out before it overheats, do not worry about trying to time it just right ...get out while the damn exchanges are still up and you are in profit or go to a dex and swallow the gas fees to swap to a stable coin like usdc. wait for the market to cool down and bottom out, dca into good projects and build bags of coin, ready for the next bull run :) at least that is my very rough plan :)
this is what i am trying to do. -30 a month, and just letting it sit there. it is not much, but it is something. i also mine with 1 1660s. i am saving it all up to put towards our wedding. we are saving more in other ways for it, but this is just a bit extra on the side.
also do not forget that on you can stake your coins for a sweet annual percentage yield (apy) as well as other rewards.
i read about the people who own lots of crypto. i read their posts about how much they have lost or how nervous they get during dips and i do not want to be them tbh. it seems like a lot of people who've bought a lot of crypto probably should not have.
thank you for posting this, you made me feel great about my own investment amounts. also the love on here from others is great and supporting. i have grown so much over the course of a year and i love being apart of this crypto journey.
this. i spend money in all my investments (crypto, stock, gold, mutual funds etc) to look at them after 30 years, so to speak. so i know that by power of compunding, it will be a significant amount, no matter the seasonal volatility. of course trading and investing are different things.
a lot of people who can throw these huge amounts around now were the ones throwing in 20 bucks here and there during the last bull run
everything is a beginning. i invested 50 bucks in matic a month and a half ago. i tripled my investment. of course i would have got more of i ha more money, but i'm just happy to see how much it grown.
few grand? i’ve seen people dropping a mill on dogecoin while it was ,65…. stupid money exists and don’t get your advice from these emotional unstable “investors”
i'm proud of my
i love this post! i wanted to put something in to start my experience and learning, even though i only had about . i’m not looking to become a multimillionaire on it, but i’m proud of my little portfolio. but i do sometimes feel like i’m “missing out” when i see people making big gains and paying off debts. still, only put in what you can lose!
also people look at "influencers" (twitter is full of those twats) and think wow those guys are such great investors. but you do not know how fake it can be. just a simple inspect element, and changing a bit of html can make it look like i'm investing a gazillion on an actual bit of a cent. don't believe anything you read on the internet is the best advice ever, in cases like this.
i agree. i been learning. reading. i watched the coins i was interested in. today i decided to put a small amount down on both. it’s mine. i made that push instead of being on the sidelines. 🙂
i'm just frustrated that i cannot seem to buy any non bitcoin or eth from a canadian bank account. i have been watching bitcoin from the beginning and have so many regrets. now i can be excited again.
how much of that
thank you op. i needed this. i have not invested fiat into btc. unless i am misunderstanding greatly, blockchain currencies can provide stable financial services to developing economies and drive its growth. and it is decentralized, that is a big thing. i'm all for power to the people, so i got involved. i'm in it to grow, myself, and be somebody, even though my holdings are meager at the moment.
thanks for this post. i sometimes feel a bit down because a colleague paid off . of course i know to each their own but it is easy to forget that. so such reminders are good.
just watching the market, not panicking during a dip, and getting excited about investing is far more valuable than making a couple hundred bucks. i started small, now i don’t even get excited when i makes 1000. just remember, it’s not linear. investing is exponential.
small beginnings can have big endings
absolutely right! i will add you need to know which max % of your savings you can put in the investment. it's totally different a reasonable a large % of savings to invest from a young person with growing monthly income perspective than and old retired person with less monthly income and relying on his savings. the first one could be go to 50% or 60% of his savings and what he believe is the best investment of his live. the second should not go beyond 25% ' know and stay thisciplined with your invest objectives and limits
thank you, i needed that reminder. sometimes it can get hard holding long.
you probably have better risk management if you put in
thanks, i need that reminder. i get thiscouraged seeing how many thousands of dollars folks drop and i'm like man...i'm barely getting by and only put what i can.
a few years ago i invested 100 euros per month for 6 months. those 600 euros changed into 2400 euros and then back to 1400 or wherever its at now. keep invisting small pieces and you will own a lot at the end. past 4 months i invested 300 per month, well thats worth a lot less now haha hold gang!
i've got about . feels like basically nothing compared to most people.
my boy just bought his first defi token spent 120, it more than doubled in price in 3 days he learned to swap it for bnb and create and lp to pool in a farm, his 120% apr yearly without taking into account compounding or price rising more.
it still frustrating as fuck when you picked right coin did investment and it grew but because you dont have enough fiat it does not bring moon joy
this needs to be pinned at the top for all crypto enthusiast
these subreds can present a thistorted picture...good to remember...people need to be careful how they use them and always be skeptical...
fomo (fear of missing out) can be a strong driver. op is absolutely correct. like going to a casino, you don’t take in any more than you can safely afford to leave there… odds are you will 99% of the time. playing on the stocks is gambling. don’t bet your savings on a “sure thing”. there is no such thing. it is a mirage. play safe. gamble safe.
my crypto life all started with ... which is now 54k... dream big start small and play it safe... there is plenty of time to create wealth dont let others even my luck determain your outcome or investments... do right by you and your family... enjoy the ride and hope to see you on the moon!!
if you can only afford . i originally put in a big chunk but then did not feel comfortable with the amount so i withdrew some at a slight profit and now i have a less stressful situation going on. only check the prices only 3 times a day which is 10 times less.
when the dip hit, i took that opportunity to invest in cryptos for the first time. only , eth, and ada, but still, i'm excited to see what happens with it!
i just cannot get people mocking other people for the amounts of money they invest. we invest only what we can afford to invest and nobody should be mocked or feel embarrassed about it. so if you want to invest 20 bucks or even 10 that is fine, do it
agreed, i always tell people very similar things, most importantly "do not spend more than you can afford to lose" -- which is absolutely true now, but it should also be something that is considered as a longer term investment at times, like a mutual fund is. many are wanting the get rich quick coins, but most should be considered long plays in a volatile fiat world.
my 50 became 250 so yess
finally i feel like i'm not alone with the other minnows in the streams. i'm slowly picking my way to turning the triple 0 into a double 0 on my btc. i felt like a proper dollarnaire when i made 10 dollars good profit on another coin and moved it to btc for a (miniscule) increase.
as long its not 0.
i bought matic a few months ago with 50 bucks. its going pretty far.
on the plus side, this made me feel pretty good (and not in a “fuck you, anyone with less than me” way) to be dropping . but for real, one of the best things about this space is someone else’s *easily* be worth more than my , and either of our investments may just end up being worth more than someone else’s ... it might have to be the “ada at 2¢” and holding for a year, and the , but extremely smart and, and not just as a fluke. crypto simultaneously rewards patience and methodical strategy and punishes greed and emotion-based decision making.
definitely. it pains me to see people going levered all in what they can’t afford. it’s a version of keeping up with the joneses where if you see someone else get something, you think you should get it too even though your situations might me different. this financial stretching de-stabilizes the cryptocurrency with people panic selling in volatility or being liquidated by using too much leverage. they say the best gym routine is the one you can stick to. the best amount to invest in crypto is an amount you can hold.
i love my little portfolio, love watching it grow and adding fiat when i can. it’s small to some but it is grand to me. happy to be experiencing this golden age of crypto and happy for the community in this sub. love ya all, wish you many gains!!
theres always a bigger mountain, i drop a grand other people drop millions, circle of life
it's very easy to skew your beliefs into thinking everyone's winning while you're not. just like the stock market, oftentimes there are hundreds of others who went deep in the red but were too embarrassed to make it public.
i'm from a third world country and . some people have no idea
one of the reasons i invested in crypto is to be a part of futuristic currency. maybe in my life time i will see it being used as regular fiat. maybe not. it just feels good to be part of a revolutionary step. although, my part is so small that might be a joke to some of you.
if people from a first world country can make money with crypto, a third world country person would make even more (in terms of value, taking into account a lower col or expenditure) even if the investment is low
those small amounts add up if you invest as you can afford.
i "invested" a total sum of 200€ from january 30 to mid may, got out at 460€, bought a new phone. an absolute win. i could have made more. i could have invested more. but i really did not know what i was doing at the time (not that i'm so pro now eh) , and i was not comfortable enough to put more money into it. so my first bull run ended up well. i hope i will have more to throw around the next time, but anyway everything matters. it's still so early in crypto that learning the basics will only benefit you in the future. so 20, 50, 100 bucks is more than enough, do not listen to bots "going 1k on vet guys! get in before we go to the moon". be savy.
it feels great that i don’t have any capital for crypto. i just hopped into free coins through bat 2 years ago and accumulated . then, i diversified my portfolio 6 months ago. my
i completely agree with you! amazing message! everyone should invest what they can and not feel forced to invest what they cannot, the most important think to do is learn and improve, with time the money will grow if you do it right. and also invest in projects that you love and believe in, so you would not have paper hands 😊
i see it like a hobby... i collect sport cards so it is sort of the same thing... not in it to pay the mortgage, more like a little side gamble i can afford to loose
friendly reminder, do not post your holdings no matter how small they are
also, resist the temptation to chuck too much money into crypto... i love crypto, i'm obsessed with it, but there is more than a small chance that things go to shit (for a few years...)
put in 50.06, sold at 0.65$. 14, and now i have cool games on my switch
this thread is so wholesome
any amount of investment is a good investment
one of the reasons i jumped into crypto is because it does not have a minimum investment required to get involved unlike regular stocks
great post. there is so much fomo because of posts pumping projects. then when things don’t work out, this sub is full of suicide prevention advice. your advice is sound, don’t risk more than you can afford.
>i think there are a lot of new investors who can safely afford to lose only small amounts of fiat. i bet there are a lot more than you think. they just do not post about how they picked up . how the fuck did you get access to my wallet
i like the spirit of this. it feels really good to know that the amount you have in crypto is an amount you’re willing to lose. i can’t imagine the ulcers of those who “bet” money did they actually need — now or soon. i might add: get your money into the exchanges with coinbase pro, not regular coinbase, or those . when i transfer money from my bank to coinbase pro, and then use that to buy crypto, it keeps the fees down to something like a penny or less, and i can comfortably do little .
i have less than 100usd in and it is an absolute blast to learn about the cryptos and investing in general. changed the whole way i viewed investing as someone who'd never got into it prior. i also have a small side balance i just use to day trade and see if i can earn a little extra for fun. plus the community here is really great and funny so i decided to stick around
thanks. i feel like such a noob sometimes. i haven always wanted to play around with investing and started this march. but i'm a dad and most of my money goes to the kids and the house. i do not want to invest anything i cannot spare. and i still want to have money on my savings account. what i did was the following. talked to my wife about a new hobby and said i will spend 30 euros a month on it. * i opened an account to buy and sell stocks. bought 3 amc stock for 10 dollar * waited a month, send 30 more euros to my stock account. bought 1 additional amc for 12 dollar and spend the rest on something long term * learned about crypto in the meanwhile and opened a crypto account. send 30 euros to my crypto in may, and again 2 days ago in june. * sold 3 amc's for 50 dollar each and kept 1 just to see how far it goes. * send the 150 dollar to my crypto so, it is just play money, but currently my 120 euros is worth around 310 euros, which is a much bigger return than i anticipated. again, it is just playing with a little bit of cash for fun. i am still reading up on all the crypto, their proposition, the amount circulating and the activity from the community and developer and it is history and so far it is just a fun hobby. i have some ada, eth, vet, etc, btc, link, xvg and vtho (which i get from staking). i read up on several subreddits and thiscords and i see numbers flying around that people are investing. makes me feel like such an idiot. but yeah, i just do not want to spend big bucks. i need to be able to pull money from my savingsaccounts when stuff goes down, like the car breaks down, or the thish washer needs replacement, or the roof needs fixing you know.
everyone has their own budget. nothing to be ashamed of.
also do not forget the mental stress when you invest money you cannot afford to lose. you keep checking the prices every other minute, praying that it does not go down and end up losing sleep over it. just not worth it.
just to add one more thing, do not get too caught up on chasing gains. if you get a 50% gain on a sound investment while seeing others having 4000% gain on some rugpull coin, you did not make a mistake. you are still green and you still win! a win is a win.
i put £20 into coinbase and also did the free lesson coins you get. after moving things around a bit my portfolio went up to £190 after a few months! its now £109 but its still a good little boost, besides i'm hodling for a few years.
i hapilly bought 20 dollars of student coin because a friend told me about it and now i get to join in those talks about crypto. so much fun
i get excited for the tiny amount of ada i'm getting back from staking so far i have >£0.04p stiles like seeing my fraction of interest everyday
i’m only 32 but jesus christ, the scene seven years ago was so basic compared to now. i mean depositing -12% on stable coins, you’re already laughing to retirement, if you’re starting in your early years.
i'm loving this community!
it’s should always be measured in % return, not beside, am sure the people dropping a few thousand are thiscouraged by hedge funds million dollar investments
dca step by step!
this needs to be said more often.
that's me right there. i do feel a bit bad because i've only got a small amount. but i think it is fine to start off small.
thanks. i feel like i needed to hear this. especially with everyone saying "buy the dip", i feel like i am missing out.
exactly! do this and spread out your portfolio. both for safety and luck. i have done some investments in new projects that have gone from . but my best investments are the one i have put in a little money every month over a couple of years.
this is the best thing about crypto, you don’t have to own a whole coin! just invest what you can, if you 20 dollars 5x you’ve gained and if you dca in the over the years on good projects then your 😂
fat whale or shitcoin hodler, we're all keeping the market running
i absolutely feel this! i'm in a bad financial spot now, just trying to build some kind of a future for my kids, and yeah, sometimes it is thiscouraging when i scrape up enough to get 5, 10, 25 of the coin i'm betting on, and then see other people talk about 'oh i just grabbed another 1.5 k bag!'. but you're exactly right, if things go the way we're all hoping for, we're all going to win, even if i would not 'win' as much as they do, and that is okay cuz it will still be life-changing for me and mine.
it is always great when you make some profit. as long as you know how to handle it!
a journey of a million sats starts with 1 satoshi
yup i agree i usually put .
i started a couple of months ago with weekly dca. 23€ in btc, 12€ in eth. it will be interested to see them in 5 years after next halving…
i from investing in 20 coins, down to 15 coins, down to 10, now just 3, and it is okay. you do you.
it will never get me out of poverty
my 1 stacked matic is now 1.0001, ain’t much but it’s honest work
this! i dropped a couple hundreds on btc a few years ago just so i would have some skin in the game and start to follow what was going on in the crypto world. i celebrated heartily when it made me a thousandaire. since then i've researched and invested in a few other cryptos, just a hundred or two at a time. no major risks for me. even in this dip, i am up about 2x overall, which is an enormous profit over the span of a couple years. every time i look at the account, i ask myself if i'm comfortable losing all of it. if it got up near , i'd probably say no and would take out some profit. screw this "diamond hands" concept. unless it is a super stable investment, i am not comfortable putting that much money on the table.
i have 0.1 ksm and am happy with it!
i am not in a great place financially, i have very little money available to invest so i put tiny amounts in when i get paid. i look at people dropping thousands on coins and yeah there is some envy there but at least i am working on myself and hopefully one day i might be in a similar position
i’ve always been told never invest more than you want to lose. all this red has made me some great green!
the only comparison worth making is the version of you that invested those 20 usd against one that did not.
this is great and does actually make me feel a lot better about my investment, i was able to put £500 in initially then each month i'm just going put a further £200 - £300 in and split it across the 6 blue chip coins i believe in. i'm not expecting to make loads of money overnight and i'm sure it will take time but i have high hopes for the future with my investment.
i like that i can own partial coins. i would give my two left nuts to go back and buy a couple hundos of google, but for now i’ll just ride with my homey eth
agreed. took me over two months of putting in little by little just to accumulate half an eth, while diversifying with other coins. some people on here buying crypto by the thousands...while my average deposit is -100. people should move at their own pace. us new investors will have plenty of time to buy up plenty of crypto when the bear market comes anyways. not much of a point in stretching ourselves too thin or spending what we can’t afford to lose just to try to get x amount of coins.
totally agree. i just put in whatever i can afford to lose each month after my bills come out, which is about £50 (~) according to coinbase, over the last 12 months eth rose 940%, so on a , if you did not touch it that is still a profit of , which is great no matter what way you look at it.
crypto is definitely a "you do you" situation. it's easy to get caught up in the endless noise of the crytpo space. just invest in what you believe in and hopefully we all win!!!
i usually put in £50 (~) when i can and split it between 3 or 4 coins so i only increase my holdings for those coins by like £10 - £15. also staking some which produces a few extra quid worth of coins over a few months.
life is a journey and investing is part of that journey. at the beginning of a journey is learning, some may learn at the beginning not to go all in and those that learn that lessontend to lose big then run away, when they come back they are further behind than those who took there time a got a slow start. i hope that is right, since i started slow. lol and it is a continuing learning path.
i literally put down £20 on 15 or so different coins to get my foundations set except for xrp which i put in £100. now i have my foundations in place i’m gonna throw £50-£100 every other week or every month into the coins i believe most in! starting with £20 is cool.
that’s all i can invest monthly, but than nothing. we are still early after all!
every once in a while i see a post like this and it reminds me to keep holding for a little longer and let it grow that much more. thank you.
i started with . if i had started with a higher amount, i would have . i am sure of that. also in my country 1. and my government says economy is great lol.
it all adds up but it is good that a post is made about this.
i’ve put a small amount into a coin that i plan to not touch for a few years! hopefully it goes the way of btc 🤞🏻
now i am thiscouraged on my .06 investment. i am thinking about buying more for .94 more
this is great! i just got my friend to invest and i have to admit that when i initially got started it was very intimidating... but this post gives me the affirmation that i need as well, not to mention the amount of people getting involved is great, better now than never even if it is small. great post!!
whale alert , i bought 😊🤘
i will also add, buy when you can. it's hard to see a low price and not scramble to get in. for those that have a 401k, you just put money in every paycheck, you do not worry about what price they bought at. same applies here. consistently add, a good price is wonderful, but do not let it stop you from building.
0 is the same for us all
i like you op, have a good day
20-solid project. any shitcoins -5
everyone has to start somewhere… just don’t fall down the cat... for me ... i love the ‘free money on coinbase’ ... just answer a few questions about crypto videos and you get about ... mines worth about ... just get used to trading... and you can also get free ‘bat’ from using the brave browser... and transfer to your uphold wallet... i transferred to ethereum., and it’s worth a further ... so... if you don’t have much to play with... try the above... to work with more... anyone can do it...
been mining on a single gpu for couple of months now. supporting the cause with 0.05 ether :d
one thing to remember for those of us that are new, we're just starting out and 20.00 here and there is fine. most of the people you see dumping tons of cash into crypto were either already well off or more likely, have been in the game for way longer and have already made decent returns on their original investments. one day, we'll all get there, just got to hodl until we do! for myself, i bailed in 2018, should have stayed in the game, it is a lot of fun if nothing else, even when things have been down.
dca is the smartest, safest and most economical ways to invest imo. particularly if you’re a long term hodler. i started small too. and when you’re investing amounts you are comfortable with, it’s way less stressful when the market falls off the table like it just did. it also helps you build up a special super power call diamond hands 💎🙌🏼
great points! also, anytime i’m down on myself for only investing a small amount i remember that i’m still ahead of anyone who hasn’t invested. gotta start somewhere 🤙🏻
thanks for this post, i always felt like im investing very little when i see posts about how much people actually buy.
i feel great about my ,000 crypto investment. i add about . long game baby!
people can chose what is right for them
i have a few grand to drop on a coin but i still have not invested more than . i would not care if i lose that money and i will let it sit for a few years and see where it takes me
biggest investment you could ever make for yourself is about increasing your knowledge. nothing has and ever will come close to those gains otherwise.
yeah, 20"poverty" is limiting people. found out about bitcoin when it was like 5, but thinking of taking a 5er and throwing it away was and still is terrible. two coins could have payed for my education. it's thisheartening. well i downloaded an app that lets me buy shares, put 20€ into it and i managed to get to 37€ since last october and i think that is neat. somehow the app does not let me buy crypto or any meme stock, tho. :.
small positions are probably the smartest way to start, gives new investors a chance to get a feel for the market.
man my brother dropped ... did the same for safemoon lucky bastard
yes please read these got caught in the hype and the following days i am having almost a breakdown, body shaking
yes. a lot of fomo is due to seeing others having the fiat to buy in properly... and then buy in properly again during a dip or crash. it sometimes drives me insane how people can magic up money.
have been buying small packages of crypto since the start of the year even after the massive crash im still in the green ' i get paid i put a few 100 into crypto - some have been rubbish ie safemoon and some have been fantastic etc and ada ' ill continue to invest weekly until i got enough money to retire
i put extra money in before the big drop so that you guys wouldn't have to. let my bleeding be your lifeblood. may eth absorb the global markets, amen.
not everyone is in the same place in their lives. when i was in my 20s i could not afford more than a little cash and id have spent it on booze or drugs. thats why i have to pump thousands into investments every month, because i didnt do well enough with it when i was younger.
im proud of my 500 edit : 2100 edit 2 : 700 edit 3 : my 20
i'd legit be better off if i had stuck to my 20 per week. i was doing it and got frustrated my percentage gains were so good while my dollar gains so little. so i dumped money in pre elon. underwater now. not bad but slow and steady wins the race
i just shared this post with few of my friends, thanks man!
with the amc news this was nice to see. everyone just wants to be free of the ball and chain that is money but most of us don’t have 20 grand to risk and become a mega millionaire. i get pretty depressed seeing the “x to 800k+” posts. just like, yeah, guess i’ll go fuck myself some more while i never acquire true financial freedom before 55 or later and always report to someone else. seems great. so anyway, appreciate you caring about us little folk.
and….people on the internet make up stuff. i know it’s hard to believe.
facts, better 0.0005 btc than none !
this encourage me, thank you
if they are buying that much, they are helping push the price up anyway
i have money saved for the first time ever. yes it volatile blah blah blah but i’ve actually been able to put money away and not touch it.
the best amount to invest is what you can afford - whether that’s , or ,000 a year.
well said. your 5x gains are the same as a whale’s 5x gains by percentage. there will be people that might make the same dollar value gains on a much bigger principal with lower returns; who’s the better investor? it’s important to remember it’s not a pissing contest, it’s a chance for all of us to grow our wealth. having said all that, keep in mind that the best possible crypto scenario is growing your principal investment while also benefiting from gain in coin price. if you are comfortable with a platform that supports staking (like ada, algo, soon-to-be-eth) you can earn compounding interest *in addition to* speculating on future price. this is almost like buying a promising bit of real estate that also happens to grow in size by 3-6% every year. even if you’re a bitcoin maxi there are services that will pay you interest on your btc that you can reinvest. dyor of course, but there are so many ways to be smart with crypto it’s amazing.
for me its a monthly investment. its great learning about it all too.
thanks for this. i recently invested a modest amount in 5 different cryptos inc xrp, ada and bnb. . (im fully aware this will hardcore fluctuate). its sorta deflating when you see people making 2-4k with 10-20k investments.
i’m getting ready for my 20🚀
listened to a business mentor not to long ago. he said you know why your listening to me? because you did not do it. you thought about it. that hurt. so if your out there doing it, ten dollars at a time or what have you: you fucking rock. direct positive action. good for you.
hey i hardly know anyone who has any cryptos...you’re already 😏
i agree. i have friends who are single professionals who can throw crazy money at crypto and staking. i cannot compete as i have family obligations and kinda feel left out. however i just continue to dca and not over extend myself.
i started dcaing into bitcoin a long time ago... now i can yolo a few grand into a coin on a whim. you have to start doing one to begin doing the other but timing is fucking everything... i did not begin my dcaing during the last segment of a bull run, instead i begun during the tail end of a bear run which is actually far easier to do than you might think if you're patient. at this point if you're buying you need to know where the last target is before the bear market so you can get out before the whipsaw. i am still buying but i know nearly exactly where the crypto market is going, do you?
yup! i started off small a few months ago and now i have about . i just keep throwing -50 a week at it.
love this, very true!
i spent 1000 dollats throughout 4 years its now at 5800 so im very happy with that
ive only just started last year and i feel so good about it. or i could loose... it would be a pisser but the basics to me just make so much sense. im in fir a long jog, not a sprint.
i am trying to buy crypto regularly, but my fomo starts every time i see some crypto going up. damn bnb! i have so little of that and i would like to reach 1 coin, but i have less than 0.3 and it keeps going up :(
this is so true. i own very little and am on a strict monthly budget. i wish i could drop the money i see others posting. it did get me down at first but now i get so excited seeing those posts hoping to see a regular every day person have their life changed for the better.
anyone feeling left out, dont worry. the money invested in crypto will surpass regular bank apy’s you’re doing the right thing. just make sure you put it for long term, anything needed short term best to keep in the regular bank
everyone has got to start from somewhere.
man if you hold, you win.
i purchased my first crypto yesterday, dropped 50. it may not be alot, but its a start and hopefully it grows from there :) if anyone has any advice for a first time crhpto buyer let me know please!
lol at all the poor boys coping. if you had money like me you could actually make a difference in your lives. for example, i’ve lost . hahahaha poor boys
i really really like this. everyone starts somewhere. does you no good to blow more than you can. it’s about thiscipline. really excellent advice!
start with a small amount, earn some money, get the hang of things, increase amount invested, rinse and repeat
that's right. buy. for me, it is no more than 50 eth. for others it may just be 0.50 eth.
and for pete's sake do not get fomo when a price shoots up for a coin you do not own, and as hard as it may be to do sometimes, be patient. monk-level patient. stop checking the charts unless you're making an attempt at day trading. let the coin marinade on the market for a while.
i invested $.05 in bitcoin at the beginning that at points this year was worth over
someone was telling me about btc a few years back while we were playing pubg or something and i said fuck it i’ll buy some. bought i think -900. so small amounts can pay off
totally agree, small beginnings over time will add up- taking things as slowly and steadily as i can- resisting the urge to borrow to invest more
all about those % wins
this is so right, i invested 20 bucks on doge when it was .04, now i had , finally made the exchange and made it ,
it is hard to remind one self that everyone's journey is unique as it is always the posts that are bombastic in nature and showing huge 6 figures gains that rises to the top. thanks for helping keep things in perspective.
i agree - bought it first in mid 2018 thinking of it like buying a course to learn more. having skin in the game incentivises higher engagement. have since increased my positions and am learning a lot along the way!
until it completely evaporates in fees
fr, when i started i felt awful with my 150, i just forgot that it is a long term investment and i can always put more money periodically
i needed this thank you
1% of every paycheck. sure it is only a few bucks each week, but it adds up. let's say you put . that's %+.
only invest in crypto with money you can lose, your position will increase gradually as the coin of your choice has great potential
just as some encouragement for smaller investments, i made a small investment of £400 and split half into ethereum some time in march, when ethereum peaked a few weeks ago at £3000 i made my full investment back +£20 and that was only half of my crypto. so i made around £300 pure profit doesn't matter how small your investment is, profit is very different for different people and you're still involved in the scene very early.
this. i started learning about crypto because of app faucets. i have very little actually spent on it, even with free earnings, i’m definitely a microinvestor, but my goal is responsibly supporting projects i believe in being useful and well-run. i have nearly no extra money right now, but planning that will slowly change over the next few years. investing . maybe i’ll get to be a high roller someday, but one of the points of crypto has been the idea that you don’t have to be a high roller to make a difference, and i like that. just be willing and able to learn
everyone and everything matters in this space!
best advise i have heard this month. . everything possibly could be higher price for same share. just dabble in , and buy the dip
my , diamond hands boisssss 🙌💎
yes this! invest what you can actually afford. and feel awesome about it! this is true for many things - people post their porsche or bmw or huge house but that is them and their life. you have to make decisions based on your budget and life.
i just want to know how to legit buy some, a few places i've found seem sketchy or popular ones have bad reviews
one atom today and one next week, and then another the following, not too shabby.
i started with 500 and never bought anymore since, only sold (with often regrets). plenty ups and downs down the road but even a little can kickstart a great adventure
as someone who started with those small amounts () and a short term goal i was able to create a great start to what will be my future. i have not met my goals fully yet (other coins like algo beckoned me) but it was an amount i felt was both obtainable and a small challenge for me (can you actually save this money for once?) kudos to all the dca folks getting into this scene how they can.
the only reason i bought crypto is so my money makes more money for me even if it is a couple of cents instead of just sitting in my bank account.
this is a good rule of thumb for *all* investments. slow and steady in relation to your income can be very rewarding. one day after years of doing consistent, small investments, you'll look at your portfolios and realize that everything added up. it's a good feeling.
no amount is too small, i’ve been dcaing -. also, staking. have staked 3 coins over the last month or so and have only made ~’re serious about holding and continue dcaing, this is how you make your money work for you.
i needed this. thank you for the encouragement!
small and stable investments over time work out really well if you are in this space long term. from like 2018 to 2020, i set my coinbase account to auto-buy . that worked out really well for me. it was not much at the time but after a few years you eventually grow a sizable stack. dcaing your way long term is a really simple and hand-free approach.
well, never invest more than you can afford to loose
totally. any amount is good, people investing in there future is always great
if you see people dropping a lot of money on a whim, you should be thiscouraged. you should feel good about playing your money smart. but you should be aware that this is a sign of a bubble. when i see people investing in crypto who clearly do not understand it at all, i get very thiscouraged.
best way to do it is to focus on percentages!!
i’m gonna stop you right there and tell you my 8 dollars in moondogemuskrockettits is the most degenerate decision i have made all year...
i keep reminding myself of this. i always say i wish i had more but i have to remind myself what i have some people wish they had
man after the recent post about people literally investing millions every single day, i was feeling...overwhelmed and insignificant ig. so yeah thanks for this op.
i have . i'm rich.
i started buying bitcoin back in 2010, needless to say i didn’t have any by the time it was worth something. i’ve been putting every penny i can live without at the end of each week into cardano since march to try to avoid something similar happening and have around 2000 ada now and i’m more proud of that than just about anything else in my financial portfolio (i do like my 1000 algo as well, that 6% will be cool if they’re ever worth something). small investments add up to big investments. my initial goal was to pay off a ; i paid it off in a month for about (in addition to putting ). this has become my new favorite strategy, though it obviously won’t always work. it’s also allowed me to stack up an amount of crypto’t have imagined having before. i uhh, don’t necessarily recommend it though, i could have paid off that loan for . i make about .
every little profit is more than no profit from not investing
i have .007 of etherum and i like it because i can be the james bond of crypto.
even , because buying ! 😉. not a financial advice.
you do not realise this often. but ! nothing is too small.
i only dca in weekly what i make from academic surveys , and it feels thiscouraging to see small numbers, but it’s also reassuring to only be putting in excess income that i can miss!
yup, my computer is chugging along making about -5. that little bit of mining really brings the average cost of the portfolio down as well.
this is good to hear
i started out real small end of 2017, and i still only do real small today. all i can say is time in the market truly does beat timing the market.
me booking good profits every single day.
plus when people put more in than they can afford, when the price dips some panic sell which further drives the price down.
but also, your , so quit bitching about when lambo lol
thank you for the insight. i see too many people talking about buying large fractions or entire btc and it can get you down if you let it. one thing i like to do is go to the [rich list]( to get a better picture of where i actually stand. if everyone around you (reddit) is talking about huge sums, your .01 btc might seem like nothing. however, if you look at the wallet scanner, you'll see that you're in the top 25%! how you perceive yourself is all relative to those around you. who knows? you may be someone's "man, i wish i had that much xyz". further, we need to remember how early this all is. if (hopefully when) crypto really takes off and gets mass adopted, we're in the first couple percent of early adopters. the above example may be thisappointing to "only" be in the top quarter (already an accomplishment!), but think about where you'll be when there is 10x the people using it and you have been stacking sats for years!
thanks king really needed this
yes! don't invest what keeps you from sleeping at night. if i invest a modest amount rather than get coffee all week or something like that all the ups an downs of crypto do not bother me. if i invest my kid's tuition then i would be worried 24.
im proud of my
this is true. i started with way less than the average crypto investor in here. i invest the mexican pesos to watch my portfolio grow in dollars. any amount of money that you have vested in this market and managing it well you will do good. take profits when you can cuz being down for months sucks.
thank you for posting this. i think more people need to be reminded of this including myself. i'm happy for those who got in early and invested when said coin was sub pennies but i do not need to hear about it every other post.
the only bad investment is no investment so that is not an investment allinvesrmentsmatter
i sold amc profits yesterday and dumped it all in crypto! as of right now that was a good decision.
i got 'm a complete idiot and i like dogs.
we are all in this together no matter the amount
i find anything less than .
holy shit i needed this. thank you <3
we all have to start somewhere
that's why i love crypto! can buy !
you have to start somewhere.
wow much love to this
agree. when i see people talking about what they invested in dollar terms it comes across to me as the flex of an amateur. i find it really lame and immediately makes me think someone is an idiot. it's all about ratios and percentages, not usd.
everyone starts somewhere. build overtime. everyone who invests and earns money is a winner in my book
post is making me want to auto deposit it all adds up right?
do you own half of an eth too, bro? 🤗
i'm trying this thing where i get my hands in a little bit of everything. then when i'm happy with everything i have, i'll start pumping up the jam. i'd much rather have my hands in 20 different projects than being all-in 1. it's even more awesome that i'm minisculey staking about a .
you are correct. being invested with a small amount can grow over time
my advise for things like this is to use the other people large bags as an indication of when to get out (look at the wallet thistribution -holders) if you’re making , someone just made ,000 on their . so they should be taking their profits and so should you. especially in the space of hype coins.
hey i got some bitcoin to send a vendor but kept some leftover in bitcoin to see where it went. it was just . i've had ppl talk down to that amount. i hope that is not always the case around here.
what a time to be alive, we are born too early for space travel, too late for land travel but in time for the crypto boom.
what about my ? edit: .5*
you're a good person.
im fairly green into the crypto game, but consider myself blessed. got + dollars worth of btc (that i earned for free, so no shame there) & about . you’re absolutely right though, invest for yourself. i made 300% gains off amc that i will continue to flip, all out of a simple . smart investments > gambling your life away. continue to do your research. read as much as you can folks. the goal is to make money without really worrying about losses that can potentially ruin the rest of your life. *not financial advice*
first one should have , right now i can’t even buy the dips those beautiful dips!
start wherever you can! and only invest what you don’t need in the foreseeable future. that is the best advice i have learned to follow.
i'm just going in with what i can forget, i just dca and put them into my wallet, being in accumulation phase i'm focusing on myself and what i want to achieve with my investments
reading this made me feel a little better and glad i only bought a little btc before the crash - lets learn, lose and dca together <3
dca is the way. invest small amounts over time that compound. time in the market > timing the market. 🤑
a portion of a coin is better than owning no coin at all! we’re all still early in this, no coin shame at all, unless you’re a nocoiner then shaming is acceptable
your 20 dollars in crypto should be seen as a gamble, nothing more
holf da dor! no matter is a big one or a small one!
bough £15 worth of shib, yeah man!
i just want to be part of a once in a generation societal power shift. it's about the philosophy, not the profits
i love investing only 0.02 bnb into a coin, or even just 0.01. it's a lot more fun when it is a small, comfy amount. for example, i saw ftm take my + in one day earlier this week.
very wise... not sure if anyone else has commented on this but imo starting small should be every new investors goal. start small, make some profit, reinvest that profit, watch your portfolio grow. rinse and repeat, and you’ve got yourself a nice little rainy day fund:) in my eyes, it’s all about being able to turn “nothing” into “something”. it’s never to little or late to get involved!!
no one knows the future and we are rewarded or rekt for taking larger risks. base your investing on as much data as possible. the more information you have will help make better decisions. that includes position sizing for different crypto.
look nobody cares about your completely insignificant investment. if you want to invest peanuts and possibly get a x10 return in 10 years, that is amazing for you, you'll have a whole 100 dollars on your account that you can use to invite your girlfriend for a nice cheap date. but do we really need to know about it? i'm not sure if this is hypocrisy or if you really do not realize how dumb you look when you post about your ? be like the silent majority, and keep it to yourself. also one thing to think about, to not completely shit on your post: if your investment ever grows in a significant percentage (let us say +1000%), understand that you would not feel happy. you'll only feel like shit knowing that investing real money would have earned you a significant profit. instead, you'll be crying with your shitty coupon that you can use for a big mac. unless that actually makes you happy... then more power to you. the point remains that nobody gives a shit.
this is easily one the best posts in a while. i’ll admit that it sucks only having a small budget every two weeks and seeing all these posts boasting about 10k coins or whatever.
who tf worries about the dollar value invested in a coin. if you use dollar amounts over percentages you shouldnt even be investing tbh
their loss is our gain. it's deserved and we shall not be conditioned to feel guilty for their dumb choices.
yes as long as you invest before them. then figure dan drop 6 figures for all i care.
i invested 55, those gpus really did pay themselves for once =) all in monero, the only coin i trust.
i have invested . when can i expect my lambo delivery.
when i saw other number i felt like, "i'm late!".
thats why i buy dogecoin
i read before which has been making me think. another reddit comment i saw said btc is not a great long term investment anymore with the price it’s at. they believe with the amount bitcoin needs to go up it’s better to either place the money in some kind of alt coin or even a stock to make it more worth your while? is there any truth to that? i personally own eth. i also plan to hold at least for 10-15 years. what do you guys think or am i just thinking into that comment too much?
there’s always a bigger fish
i keep my crypto money investment low because the asset itself if risky and there is a good chance that i could lose as much as 90% of my original investment or even all my coins due to government legislation. plus, given the chance of potential upside, i might just be able to buy a nice phone for myself at most, if not a lambo.
just don’t put your 20’ll never get it out lol
exactly. i do not earn much so put whatever money i can afford be it 1k inr or 2kinr mostly during the dips. in 2-3 months only portfolio is looking heavy and seeing green since last 36 hrs makes it more satisfying lmao ;)
these are the kind of bored, reaching for straws of optimism posts i love to see. first sign the bear market is over after a little more pain
hear me out i have in busd in binance i am new to this what are my options is this small amount enough for staking?
op just picked up 25 more bitcoins like it’s nothing. must be nice.
learn to value sats, not fiat
also it’s 2 ways. when losses hit. it’s just as bad
i have like 500 and it’s slowly growing
let the snowball roll...
went from 90 anything is possible
better 20 than nothing.
i was not blown away by how many coins people make on here or how much they dump in to it, but by putting ya bag holding next to ya name in the sub now that had me in hysteria 😂
you're right. but you cannot deny the feeling if someone has . that's . it takes money to make real money.
big agree! especially for someone like me that lives on a 3rd world country. , let alone .
i never invest more then i can afford to lose however i did miss some life changing opportunities if i just went a little more balls to the walls. stacked small amount of bitcoin pre 4k. 10 shares of gme , 30 shares of amc at 8.01 and 100 ada at .92 cents. nice gains but nothing like changing.
yes, when you live in one of the poorest european countries, there is not much opportunity to invest more🤗
most people, like me, from third world country need to feel this, yes it may not be great value in dollars but in your currency it is. and do not be sad it is just 20, invest in what you believe in and invest what you can lose and watch your stack grow.
i just began investing in crypto last month. i don’t have a lot of expendable income, but i managed to get , it’s !
thanks, i have 10
buying ’ve been unheard of a few years ago
everyone has to start somewhere no matter how much you start with, hopefully we can all build on what we put in
always work in percentages too 🙌🏻 it levels the playing field
i need 15 years to get this certain one full coin.
to double down on dumb over and over again
also, lower income people like i can view small buys as not only a hedge against inflation of fiat but also a sort of donation towards a better future. i support privacy coins, primarily monero and pirate chain, due to being a "radical for freedom." the more damage we can do to centralized banking the more privacy, financial freedom, and most importantly an end to the us's endless wars. our war state depends on the never-ending creation of fake fiat money. our efforts are definitely more effective than supporting any bought and paid for politician (military industrial complex).
my first plan was to buy myself a nice mountain bike after a year, around -1200, by simply dcaing 20-50 per month and a bit of luck.
never invest more than what you can afford to lose.
if you bought 're now a millionaire.
man, i've been doing £3-4 every few days just from surveys and stuff. you can get into the scene without spending anything but a little time, and human processing power.
i actually use those big spenders to help me sleep at night. “whew, if some dude was willing to drop 50grand on doge at 0.50 cents then i won’t feel bad about my 50 bucks. someone willing to spend that kind of money must know something more than i do. so it gives me some extra hope!
im still just salty with myself for not getting into bitcoin at the right time. i heard all the buzz, but didnt think itd go anywhere and i didnt have a reason for untracable money. *sigh*
i turned 90 euros in 130 by dicking around on my phone when i'm on the train. better that scrolling twitter.
unlucky to chuck in , but it is fun seeing my wallet go from .
post likes this is definitely moon farming, otherwise i why’d the same topic keeps posted every other few days interval.
all in, including equity loan, on shiba inu at 100x margin. going to moon. 100k eoy.
even the moons are great investment for me
furthermore, get involved in communities to earn crypto. there are always heaps of opportunities to help beta test. don't give away your crypto or private keys to anyone ever!
> crypto **investment** > absolutely. profit is profit is **profit**. > i am proud of my **$**100 btc > saw a guy at a casino being congratulated by staff for winning 250k. he did not look that happy so i asked him why. he said that yesterday he lost 350k. **casino** currency of the future.
doesn't it weird how these rich people just came out of nowhere in this crypto space? they just popped out here and there without you expecting them. let me tell you something. some of those huge numbers are edited using a simple "inspect element" trick. no need for photoshop. this practice is very common in the making money online world. they have a hidden agenda behind it such as creating fomo.
hedgies trying to scrape in some scraps. glhf 🤣
if you’re not investing at least , then don’t talk to me.
also known as # pyramid scheme
that’s a good advice. i believe that you should not have more than 6-9% of your monthly income in crypto (calc: 30% of income goes to savings out of which 20-30% should only be crypto and rest diversified in other areas). but anything after that 30% savings could be used to gamble with… investments and gambling are all good when done as percentage of your income and not as an absolute number.
that "rp" on the title.
hate posts like this. don’t be humbled by how little money you have to invest. get motivated to have more, or chances are you never will.
maybe i am uninformed but isn’t the cost for buying crypto usually a pretty large chunk of that ?
tbh this is incredibly patronising - a
what matters is that you've got a piece of the pie not the size.of the slice much better than being a no coiner
just . imagine buying .
i swapped 1k zil for xcad.guys dont follow the influencer hype
guys i sold my 0.00001 eth on 19th may. that was what caused the crash
just don’t start with gmr. i speak from experience :(
why are we posting people that aren’t
i keep seeing loads of people holding millions maybe billions of shib coin and i dont get it. its probably not gunna get to £1 so i'm not gunna loose thousands right now to possibly have billions later. i cant afford that. but i can afford £20 to maybe possibly have 2.1m if it does get there. i just dont see the need to have that much money. id be ecstatic to have made £10.
buy (rune) and wait two years. be a thousandaire
indeed, better to lose ,000.
grain by grain the hen fills her belly.
if you put 20 bucks on a part of a coin it won’t add to much you just need to get lucky and find something that will explode over years
agree, though i do not see much showing off on reddit actually.
the worst part is when people tell you to move your coins off exchanges. dude, that would cost me my investment 😑
i invested .60 to 1.40 or so. was pissed. still am. fuck crypto scams and i'm not sure what compromised it still but i hate them
it'a a starting point, lower the investment though the lower you want that market cap. i turned £20 into a whole bnb by risking it (was a free 20 from an airdrop so riskfree) on an extremely low cap coin for a few days.
exactly i am extremely proud of my 0.25 eth
if you bought at the 2017 bitcoin peak without even dcaing then you would have done good
what are your thoughts on cardano ? good time to buy?
can some explain how dollar cost averging works?
i really thislike those post. some people don’t have much money like and it’s just like throwing money in their faces. idk… just me.
this exactly. i literally started out with . over time (not overnight) with gains, it grew a pretty decent amount. please don’t invest more than you would totally feel okay with just flushing down the toilet.
well , a threesome is hardly vanilla
i started investing about a month ago, and had spent quite a bit of money(considering how frugal i normally am). but i was not hurting myself, it was all extra money that was essentially savings anyhow. then it came to doge, i wanted to fuck around, and see if i could get -. i had , and only needed , payday. i dropped a grand on doge. i ended up screwing myself over, not being able to handle such a gamble, plus i spent all my spare money, and had to be extra cheap. i still have not recovered from this, in my bank. it does not help all my bills are due on friday, and even though friday is pay day, work still has not fixed my direct deposit.
we don’t cut our lawns in crypto! we don’t compare to the whales! their lawns are way to big to keep up with!!
doesn’t even see them :)
a different approach: i think you should invest all your savings if you can earn them back by working within a few months. you should also invest in the big altcoins or medium altcoins. here's why: let's say you have 3000 dollars of savings. take out as much as you can to invest in crypto, let us say 2500 dollars. invest these into a few alts like ada, vet, eth and whatever you've analysed to be good. even if you lose everything, you can do a dayjob and earn the 2.5k back pretty quickly. otherwise, you might double or triple or more depending on where you take profit! if you lost everything, save up again and try again. now if you were succesful and have about 10k dollars now, this is where you put the 3k or a bit more back into more secure assets like gold or even btc. now you can diversify your crypto portfolio into 25% risky coins and 50% big altcoins and 25% btc. or, if you're like me i think 10k is easily earned back so i take more risk and put all my money into crypto until i have about 50k-100k. at this point i will invest in things like a blockfi for passive income and other passive income, and keep 50% to play around on the crypto market. how i approach crypto right now: 1. have mostly big altcoins and de-fi coins 2. take 10-25% of your stack when they rise a lot, keep this money aside 3. the money kept aside is to buy big dips like last week 4. keep taking profit until the cycle peak (later this year or early next year) 5. the money kept aside should slowly be invested into btc until you have about 50% btc (altcoin season does not last long) 6. sell up to 50% of all crypto on the way to the peak. try to time the peak with the other 50% 7. during the bear market, dca your monthly earnings (like 300 dollars a month) into projects which you think are promising i think with this strategy i will go from the 3k (which is now 6k) into 10-15k this cycle, and if i'm lucky 1.
many of the people investing huge sums are not. they may not even be real people, let alone really investing what they claim. we're on the internet here. don't believe everything you read.
but i waaannntt lllaaammbbooosss
whatever you put in, it’s a snowball rolling up a hill.
but also do not invest
i've invested . now just play the waiting game for a few years.
yeah 20 bucks provides liquidity for the sellers after all. your 20dollars will serve a great cause ❤️
don't forget, by being an active member here with good contributions, you can earn plenty of whole coins without spending a dime. invest what you can afford to lose. get educated. make some moons
crypto investment is really fun,do not get too emotional and be ready to take decision real quick. i bought several coin without regrets even when they were all reds but few ones gave me real good vibe. first of it all is matic bought at .3 and it touched .4 do not ask if i took profit lol! secondly i bought pinknode on uniswap at .035 and after couple of days it touched .8...these assets are of no pump and dump they have something in common which is a fundamental project that backs them and give organic growth for the assets.
yeah, i did buy around -15 of crypto when it was about . i spent it within 2-3 months because to me it was a currency, not an investment. i remember the days, more and more sites were adding crypto payment options and i was hoping to one day use it instead of paypal. i got thisenchanted with it after seeing people treat it as an investment and a get rich scheme. i might start using it if it stabilizes in price (that is, stop growing) and can be used to pay for things. i have personally made a vow to never make any profits from crypto. i will use it for currency transfers or like paypal, if it can ever be used that way.
i do not think people are thiscouraged because others invested more. i think people are thiscouraged because they made the correct investment choice and would have been a millionaire if they had more money to invest to begin with. i lose sleep every night because i could only invest x amount, and yeah... it is great that i got a little extra money to finish the basement, but it could have been "quit my job living my dream in a lambo with all my life problems solved" if i was not poor when it was the right time to invest.
its great but it would not make you rich
isn't it gambling and not investment?
thanks dad, are we winning?
did you [gamble] a modest amount of money in crypto, feel excited, then saw people on reddit [gambling] huge sums, and your excitement faded? you are [gambling] for you. please do not spend more than you can afford to lose because you feel your [gamble] is not large enough. i know how it feels to own 1, visit that coin's subreddit and see people talking about how they just picked up 25 more coins (even though it took me 3 months of dcaing to get half a coin). i quickly realized i [gambled] in something i believe in, and my [gamble] size is right for me. i did at first feel the urge to put more money in so i do not miss out on huge gains, but i need my other fiat and i am not okay with losing it. so i did not gamble. i think there are a lot of new [gamblers] who can safely afford to lose only small amounts of fiat. i bet there are a lot more than you think. they just do not post about how they picked up . friends, make the [gamble] that is right for you and do not worry about how much other people can afford to [gamble].
i am in denmark. how do i go about investing in crypto? like, if i want to buy 100 dollars worth of crypto, and just let it sit for 20 years, how do i do that?
i put in £80 into £1.3k
a browser base platform like .
i do not wanna be rude or unwelcoming to newcomers, but i think that you are wrong my friend. i completely agree that there is nothing wrong with owning very little crypto. absolutely not. but if your goal is to make money, you are better off putting your 20, and keep doing that until, you have atleast 500$-1000. i strongly agree with your opinion, it is just that for peoples own sake i think it is pretty silly advice.
it’s not great, but it’s a start.
dollar cost average always works, just find the project you believe in and do not fomo blindly. crypto space is still young but growing fast.
if i invest , thats a fun little gamble. i see people yoloing on niche altcoins with no sign of going anywhere and i'm just like man what the fuck.
so where's the best to get crypto for 20 bucks. where are the lowest taxes and stuff? i have like 10 dollars of bitcoin on blockchain.com and they want 8 dollars to make a transaction.
*me holding * i'm doing my part!
think we should normalize not sharing how much we have invested. keep it personal
over the last 2 years i've been investing in coins that i believe have a future and only putting in what i can afford to lose at the time. over time it adds up, not only what i was able to put in, but the fact the prices go up and seeing my investment grow. it turned from what i would usually use on weed or take away to having more than i've ever had in savings in my whole life. keep at it one small bit at a time.
depends how old you are i guess. if i was 18 yeah any amount would be great. if i'm 50 hoping to hit it big and retire a little earlier maybe not. also depends on your total net worth. if you own a lot of.other investments then 20't mean much even if you are 18.
hell yeah, lets not make a crypto a space reserved for the rich. also, if you are into blockchain and cryptos, but hate capitalism and find the politics in this sub thisgusting, check our r.
its easy to say that when you have thousands of dollars invested in
just buy one of everything.
there's a huge difference between a zero position into crypto vs a small dinky exposure
even better take out a high interest loan and put it all in the first crypto you see that gets mentioned here do not even do the slightest research
there’s always a bigger fish. stocks, crypto, whatever. i’ve got a lot of money tied up in both, but even my holdings are pocket change to the bigger fish in these ponds. don’t worry about them - worry about yourself
very inspiring indeed! i started with only :)
i completed my 1 million btt at last. i am hoping that i will get the same luck i got in doge.
your honda civic is great! don't get thiscouraged when you see people posting about dropping a few btc's on a lambo.
this is important to remember and remind yourself of...i like to think i have self control, but we all know that is one of the symptoms.
exactly ' i got 1000 doge and now im holding for the next few years.
buddy of mine was bragging about putting 5k into a few different cryptos right before this crash and now he is crying. fuck em.
a second topic of such nature 3 posts apart in my feed. i suppose the whales have bought enough dip and now need the mortal idiots to buy their chips to drive the price up because there is a new dump incoming for the big boys!
i hate when people use language i invested something i believe in, in other words i bought closest pos i can afford and wish to make money out of whatever joke was claimed this coin will never be or happen. just say your looking to make fkcn bank do not dress it up in shit i believe in some project which we all know i'd only pump and dump at the end of day to see crap like happened with btc.
sad reality => more money makes more money. we need a moonshot to get rich, while those with money could just put a few k on it and walk away with millions few months later...
sorry bruh, invest at least 30% of your money or g000 h000me
a friend in the philippines put 30k into theta around december, 2020. he cashed it out a couple months later with over 600k. made him very happy.
my crypto funds look like 30% of every check and an additional .
i started with airdrops and is giving me free money like 😉 now, i can able to diversify my funds, fwt, plug, reef, bmi, coti, iris.
honestly, my goal is to make more money. i'm not ashamed of my little beginning and i will be selling small portion of my btc to buy bxx when launched since the company already promised paying 10% of all the network fees equally to all loyal stakers. the most important thing is to start
stop calling cryptocurrency a fucking investment you stupid fuck. its a gamble. period
or just take out a giant loan it’s foolproof, use the banks money and not your own!
this is a cute post. someone here will make .
don’t patronize me, asshole
no. just no. if all you got is 20, you don’t have money to invest. you gata go get your cash up somehow instead of wasting time and money investing 20 bucks into something so volatile
slow and steady wind the race. also, when theres a 60% correction i spend everything i have. even the rent. i am all in.
proud of my [redacted] coin. hoping to see some big gains from [redacted] in the future
.0006 guy right here. i do have 3600 doge tho, that was more luck than anything.
while it may not seem like much, please please stop posting how much you guys are holding. it's just bad internet security guys.
haha, i’ve got 0.00241
be careful revealing the size of your bag, scammers are always on the look out for juicy targets. 😄
i got 0 btc but i do have .043 eth and 50 matic i am very proud of.
okay. i was like 100 not bad. but 100.80?!?! are you made out of money?
ayy i'm there with you with my now 52.46 etc (was 50)
don’t post your holdings or the scammers will come.
hell yeah dude! you're trying to improve your future and that feels great! i got into crypto relatively late, have been dcaing weekly, and do not have much to invest in cryptocurrency (hence the saving moons and hoping for a big jump someday™), but even at my ripe old age i still have 1560 weeks of dcaing to go and that feels good!
was waiting for like 301 edits lol
>i’m proud of my .80 btc that's a huge number, congrats
proud of my !
10 mins later: im proud. of. my
i'm proud of my . i'm proud of my . i'm proud of my . i'm proud of my . i'm proud of my . i'm proud of my . c'mon move already.
how's it doing now?
starting is one of the most important parts of investing. even if it is little, we have the intention to improve. we are still supporting tech.
great post. i did the same as post below. i don’t have much. but i spread it out a little i’m new but learning. just waiting and watching. it’s small, but goddammit it’s mine
yes, same here . i love technology and whole blockchain tech is mindblowing, so why not to throw in a bit of fiat...and when you can´t throw in your yearly salary, who cares? i am whtrowing in every now and then 10-20 bucks and that´s it. and after you are in, than it´s way more interresting and exciting to read some good new:)...
i’m as emotionally invested as some people who have far more $
that’s totally me! most of my net worth is in real estate (i’m from a 3rd world country) and a little bit of stocks . i just put , but that was all the money i was personally willing to lose. i will throw in another -200 if shit hits the fan.
skin in the game is a great motivator. kudos
that's me hodling my 0.05 eth
that's how i feel about sports gambling - to have a vested interest. even putting ... usually.
learning is the great achievement of all.
well put. this is exactly where i'm at.
keeping up with the crypto space and chatting with the community is my favorite thing about it at the moment, the amount of skin in the game doesn’t change this one bit :)
this is how you succeed.
now this is the gorram way.
this right here. this perspective and attitude would serve so many people. you don’t have to have thousands to throw at it to be vested or to be apart of the movement. heck, . its not about timing the market, it’s about time in the market.
thats the entry for me too. have something in it, learn and decide if you want to stay involved. having a little on the line just ups the stakes a little. now that i have a feel for the prices, volatility and a little more understanding of crypto i am looking to increase my positions over time.
gay post, but i’ll allow it.
agree, give you new skills and insight about the future too.
that’s great :) what are some good resources you recommend?
>one of the reasons i wanted to buy crypto was to have a vested interest in it so i would enjoy reading articles, learning about projects and the technology behind it all. doesn't matter how much you own. totally agree, i like crypto because of the technology behind each coin, i do not care much about its value increase or decrease in the short term, because all the money i buy is idle money
it's like more abstract fantasy football.
oh damn! felt this 🔥
same! its' so interesting.
starting is the biggest hurdle. but at least once you buy youre in. then the next hurdle is hodling and not having weak paper hands. if you can get through that, you are set! amount is least of your worries.
instead of just having an ownership stake in crypto, try actually using the projects. let's make a big push to get new people onto gitcoin grants. that's how you really drive interest.
own an amount that you are happy to see do a +50% or can stomach a -50% and you can let ride. don't let greed extend you into uncomfortable levels of investment.
my reason for starting was just so i'm investing my money somewhere, and it saves me from spending it on stupid shit that i do not need. if i'm lucky, it will grow a bit over time and it will have been worth it.
a very wholesome view on it all. nice.
in it for the technology
would you suggest a place to start reading about crypto tech for an older newbie like myself?
that’s exactly why i invested in tesla in early 2020. i found myself always reading news articles about tesla and following them pretty closely but i didn’t have any shares. i ended up buying 1 share which is now 5 after the split. i did this just because i spent so much time reading about tesla that i “wanted some skin in the game”.
same principle as betting . , even if it is a team i do not normally care about.
reminds me of how sports betting and fantasy really make me enjoy watching all the teams a whole lot more instead of just my own team.
exactly. in january, i hated reading about how gme was skyrocketing and felt like i missed out. i knew i couldn’t risk a ,000 investment so i bought 5 shares and now enjoy watching gme rise and fall. 5 shares won’t change my life but at least it makes it interesting. seriously, if you’re watching from the sidelines and can afford it, buy just a few shares of amc and gme, sit back and join the fun.
i invested my .
advice that helped me: sure, the "best" time to invest (stocks) was 10 years ago. the next best time is today.
where did you start? i’m thinking of doing the same since i have little knowledge of it now but would love to know more. did you invest first or is it not that simple?
wait! you guys make a profit?
yup. a 25% profit on .
nobody ever went broke taking a profit, don’t be afraid to take some money off the table if it suits your personal situation even when everyone is saying hodl.
booking profit is also a great way to hold, if you just want to hold!! here’s how, book some profits (make sure it’s after commissions) when possible and then wait for the dips and invest your profits! although it’s harder to do than say.
i saved my family with btc. i was so lucky to have saved just that tiny bit all those years, even if it was not a million dollars or whatever i still pulled a profit and put a roof over my family's head. love all around! thank you crypto!!!
honestly scary that he thought it was a good idea to come back after losing 350k the day prior.
except we are hodling and not gamlbing here. right? right? i addicted?
this ^^^ i’ve seen this a thousand times
this is where you walk away with the loss but he probably left that casino with nothing
ouch. that guy might need help.
as long as your up and are not traumatized, you're getting at bats and moving up the league. experience only helps in a lifelong journey.
i personally do not think gambling is the same as investing, it’s only gambling if you don’t k ow what you are doing or you invest relying on luck
imagine if he had sold at the bottom!! hodl!!
might be a noob question, but what is a dca?
exactly! it’ll compound into something substantial with time.
in 10 years hopefully that becomes 3,500 dollars
that’s . anyone should be proud of that investment!
i invested . but hey! that is better than zero.
i know people that bought .02... and sold less than two months later at .68 you can win big with just a little bit of money, and you risk is way less. i see people every week spending that much on lottery tickets.
exactly why i do not compare my muscle gains with others either 😆
i am now comparing me reddit pic with yours. you're so shiny
getting in it for the tech, but stayed for the money.
wait, i feel bad. i put 1000 into crypto last month and it is worth 500 now. my friend put 1000 into his bank and its still 1000
good strategy lol. thanks for the advice!
exactly. in the same vein, everyone gets excited when i tell them i have a 12 inch penis, but excitement turns to thisappointment. not everything is at it seems on the internet.
everyone on this sub sounds like a savvy investor, but most probably have less than a couple thousand original investment. not that it is a bad thing though
and everyone is magically from 2013
just curious, which projects? dca ftw
not enough people understand risk management.
pretty much this, i cut out the amount of take aways i order during a month and just chuck it into investments. if i lose it then it was simply money i was going to shit away.
i always say instead of smoking(or whatever you're into) use it on crypto you believe in. you can always sell later to spend on a bunch of hookers and cocaine if it moons.
ypu buy. look out for your the bottom line. i have personally have bought 0.10 of eth and btc just because it was all i could spare...every penny counts
crypto wasn’t started to make us rich it was to make us free
better than turning .
if you can afford to lose it you can afford to hodl it for years.
good plan. i learned my lesson years ago with stocks.
you need a license to buy crypto where you live?
yup. the person with ,000 wishes s,000.
yeah but remember. seeing those big numbers drop hurts more when theres dips or major news fud spreading. i'd be glad to lose . shit. just watching my portfolio bounce around with so many unrealized gains. i know that trying to time it would be a thisaster. but seeing yourself down . its nerve racking knowing how much you'd make if you would've just sold for a quick . but time it wrong and you're out of potential profit plus you am not got anymore crypto you greedy fool.
you can even buy less than .
even better. learning and make some extra money 👍🏻
ya, i do not get it. but some people love to exaggerate.
that's a huge profit! congrats!
except those friends who love to laugh at you when crypto is down 😒
welcome to the crypto family
thanks friend ✌🏼, in a weird way it’s always what i needed……tech and financially savvy people to share ideas with 🤷🏼‍♂️…...thsnks
it can be hard sometimes. i bet people with 50k invested feel this way about people investing
i'm not trying to give you advice or create fomo, but have you seen the price action going on in the stock market lately? i got a bit of fomo today and bought 20 shares of tilray since it seemed ripe for a good run. also put a buy order in for 10 call options contracts on another meme stock play. not huge money, wouldn't affect me much if i lose it all. but it will make a huge difference if this current climate plays out the next couple of days.
we all need to encourage each other no matter how much we invest
true. i do not get it as i've never been an exaggerator. if anything i like to under sell myself so i do not thisappoint.
i've felt like that. i also realized i wouldn't sleep well at night investing more in shit coins.
i got my 1% eth lol. it's my hilarious .
as they say, the best time to plant a tree was 10 years ago, and the the second best time is today. rings the same for crypto
when there are huge dips and people are saying they dropped a few grand i have to remember i cannot afford to drop in money like that. i hate when the occasional person talks about the loan they took to buy more crypto. i worry about those individuals.
which is a great way to approach the crypto space. better to invest what you are comfortable with in incriments instead of over investing yourself and not leaving enough for day to day living expenses. it also takes a lot of the knee-jerk emotions out too to know you're on a planned investment strategy 👍
fuck the s man
c'mon you make it sound like every crypto project will succeed. i'm confident crypto will go up but there are plenty of dead coins. investing is risky but crypto is probably still the asset class with the best risk reward at this time. be careful out there and do your homework!
you're right. though i am not a fan of using the initial example. i doubt we will ever see that kind of growth again (but who actually knows) putting , but people also should not be fed the idea that it can. that time has been, so current investors need a more realistic example of what crypto is like now rather than the biggest boom its ever had.
delusional. if you expect the same appreciation for bitcoin compared to its passed 10 years you're going to be thisappointed. in order for 20.000% roi. equal to a btc price of 400 million. so yeah, the money you sink into this actually matters. and a lot of decent alt coins are way passed the stage of generating 10000% profit in these kind of time frames.
i love that phrase. i will definitely borrow the "time in the market over timing the market" to friends who feel like they have missed the crypto bus. it's never too late!
no alt will replicate that. that was a once in a lifetime opportunity.
sir this is not a casino. you have an unsustainable mindset if you think cryptos are about getting lucky. investing based on fundamentals will get you much further in the long term.
i'm glad to hear you say this! i'm heavy in eth, and matic. the more i read up on cardano the more i want to stay away from it though.
i can guarantee it would not be life changing in 1-2 years with those 2 coins in particular. even if matic reached the current market cap of btc it would only be . if you want to treat this as a casino you have to dig really deep into some obscure shit no one has heard of.
yeah, power is not shifting anywhere and it is absolutely about the money.
i fear most people would drop the concept completely after one or two big cash outs which would deflate the currency extremely and then start trash talking because it did not make them a millionaire and still not understand the point of crypto currency was not to become filthy rich in the first place.
i made the post and know better but once in a while i still feel like i need to put more in. today i saw a person who just bought like 6 ltc just because. and another a few days ago talking about maybe buying thousands of more vet or matic (i forget which).
we're gonna need a bigger boat for how much jack it is.
honestly? this was a nice hat
here's a joke! why did not the quarter roll down the hill with the nickel? because it had more cents.
gotta start somewhere...i started in feb with a few hundred every other week. i def got lucky but now i have almost 100k. if i can do literally anyone can. the most important thing is that new people, even with small bags can grow exponentially, thats why this is so fucking awesome
most posts on reddit in general are fishing for likes.
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dollar cost averaging is setting up payment regardless of the price say 20. monthly works too at the end of every month the exchanges have the margin calls so the price dips
then the entire stock market is. 20% 401k contribution. doesn't move it but in bulk helps the traders get rich
if sc gains a . your .
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i hope your \[redacted\] coin goes to the \[redacted\] soon! 🚀
where can i buy this [redacted]?! i dont want to miss out!!!
why not sell some of the doge and put the profits back into something like btc or eth?
i'm already parked outside his house, scoping for security weaknesses. . nah but seriously i do agree, it is bad practice, never know what you'll have in 10 years and this just potentially paints a target on you.
good idea sir. from now on i will make my .000038 btc holdings confidential!
.034 i really fucked up, got drunk and bought .
it’s befitting of my whale status
hello i am at your door with a chainsaw
bingo. depending on the person it is an investment, hobby, revolutionary tool, you name it.
arguably, starting is the the most important part of any project :p
this is it. everyone starts from somewhere whether it is half a stock, half a coin. worth . it builds up over time and you can fondly look back at your start and see your growth. the important part is just making that first push
exactly. that's why i put my .
i am proud of my small bag... wait
youtube channels coin bureau, benjamin cowan, lark davis are all great learning in advice resources you should check out
i'm emotionally invested in coins i do not even own
sounds like a good balanced portfolio. crypto is great because it is so young and it is exciting just to have a stake and see where the whole market goes.
well,real estate and btc will always be here, you're good 😁
same. i’m learning. modest amount while i catch up on crypto. it’s a lot to absorb
i dunno man. i buy high sell low
absolutely. and even a loss can valuable if you learn from it and help you improve on your future investment strategy. each trade should be a learning experience.
true, but keep in mind that the fees involved to get the profit out may outweigh the gains on a relatively small sum. e.g. a few days ago i decided to use the small amount of eth (worth about ) i had in one of my wallets from pool-mining in the past to try out yearn. the gas fees to move the eth (from yearn to pickle eventually) made that small sum go down by about 60%. i now need to increase the worth of the invested sum by 400% or so to get a similar amount out. on a large(r) investment, the gas fees would be relatively small and thus not be so much of an influence on the needed gains.
> everyone is saying hodl you really should not ever be taking your marching orders from these cesspools. they are great for picking up bits and pieces of info and gauging sentiment, but you have to realize that the real gangsters rarely post at all. they do not want you to know who they are and they certainly do not want you to know what they do.
while he probably has a serious addiction. i would like to think anyone that can spend 350k in one day, is rolling in money. but who knows how much he spent before he won that 250k either.
gotta earn it back
yes we are. all of the above
depends on what percent of your portfolio is the future of money, and what percent is flavour-of-the-month shitcoins.
check out the definitions of "investing" and "gambling" in various dictionaries. you'll find them remarkably similar. i've come to understand that all investing is gambling, with varying levels of hope and confidence for a win.
yep, and most people do not post or talk about their losses. unless you're on reddit and posting loss porn for karma lol
exaaaaactly as predicted. 😄
better than doing nothing, right?
dollar cost averaging. rather than investing all at once you buy it in increments over a period of time taking advantage of the dips as the price goes down to bring your over all average buy price of that individual instrument down (stock or coin).
i’m still fairly new to crypto and i was wondering what dca stood for as well. i had joined two crypto groups on fb and left soon after, as it was just full of toxicity and memes. not a way to thiscuss nor learn. very glad that’s not the case, for the most part on reddit.
ty for asking, i was wondering the same thing
thats because you were just unlucky enough to put it during the time it was suppose to do a correction. the price is picking up again and it will be at the same price you bought it. and in a few months time, it will probably worth more. for any kind of investment there will always be a chance that the investment will drop in price. but if we look at cryptos history, then we can safely say it will keep on growing. to put in comparison, i put in a sum of money into bitcoin back in 2017 and the price dropped and kept on dropping. so i deleted the app and carried on my life. big mistake. fast forward today, my investment had double even after the major correction that i assumed you experienced. so what i shouldve done instead was just keep investing when the price drops. so dont feel too bad. look forward to the future.
you win and you lose no matter how much you invest. cost basis is relative.
i believe in ethereum (pretty obvious choice), cardano, polygon, polkadot and it’s canary network kusama
it's a shame, schools do not focus more on personal finance. crypto is a crash course for many newcomers.
risk management is key.
haha. i mean. the first half sounds pretty great honestly. taking it from your vice and investing it. even if the crypto doesn’t do that well, you still benefitted from investing in it as it hopefully improved your health.
same! every penny counts...
you are good with hodling for years as long as you do not invest more than you can afford.
it gets better and worse over time. your small holdings grow to large enough sums that you get numb to the daily swings. but the crashes really sting.
they throw about . not shit coins either - matic, algo etc.
if you do go this route here are my suggestions: deposit money into your cb account first and then withdraw it to cb pro account to make the transaction. that way there won’t be a 7 day hold on withdrawals of any purchased assets!
it be your own people sometimes bro
that's true did not think about it that way, i have to painfully watch my parents keep a lot of their nest egg in cash
i started sometime in april and realized that money can be lost via both trading and shitcoins. but currently market is waking up from the dip so altcoins should increase as the market goes up
very true! makes me want to go out and plant some trees lol
i respectfully thisagree. the larger picture over the next decade for the sector will all be about power shifting. control over health, blockchain and defi replacing banks and privacy coins like veil etc... providing secure anonymous transactions. not to mention tokenized silver.
word of advice, do not list how much money you have. other than that, good on you. you must have hit a jackpot on one of the meme coins, to be able to earn that much in just a few short months.
alot of exchanges have some sort of minimum fee when exchanging fiat to btc or other coins. in these cases 20.
because doge was keeping most of our portfolios in green in the recent crash. we live in strange times, a meme coin is the best performing in my portfolio.
i'm happy with what i have, i feel strongly with coinbase picking up the coin that i'll have even more to play with.
i know you'll hate me because i say this but elon keeps pumping. why does he sell?
why do you feel entitled to make such consequential suggestions about other people's investments? doge has a realistic chance to outperform the two coins you mentioned.
i’m not selling until it hits . then i’m selling 70% and hodling the rest. betting against elon and a massive community seems silly. doge could very well be used for daily transactions. did put some etc profits into btc on the dip:)
i've just made more than 40k out of meme coin with just 1k, it is more than everything i could have made with btc and eth for the same investment. btc and eth are good, but you need a big capital to make interesting money with them.
did you guys ever visit r?
do you have the , galvanised ?
how do you buy 5 cents of crypto? dca-ed in?
better than drunk dialing your ex...😁
if you wait enough it will be the best thing you did while drunk
that’s my old house, the broken paper hands one. i’m in my secret mansion with my 10 lambos, models and rocket ship. you’ll never find me.
for me it is my only hobby lol. i'm living with my parents and at home 24, no paying for food, no friends. this is my life now.
right? like what do you have that flair?
or you know, a currency
the most important step a man can take is not the first step, but the *next* step. always the next step...
correct, and also the hardest part
you are right. i was so sad because i was always thinking like i missed the train, but hey, nothing missed yet! there are a lot of opputunities all the time!
it am not much but honest work.
mine is small too but functional. i invested in ’s 8 months old and keeps me up at night. a lot like vet
thanks, will do. seems like right now i’m wading through just shills.
definitely! hopefully i'll be able to spare some cash (fiat) to buy more crypto here and there.
haha! well the stock market has been around for a while too so i'd imagine that will remain as well ... at least that is what i hope lol
there's your problem: buying while you're high. 😄
it's when you become a professional at fitness, obviously.
it's the negative red number in your portfolio app
this! my first real trade lost me , since then ive learnt from that mistake and am sitting on . i never wouldve taken the time to actually learn what i was doing without that initial loss
yeah, everyone is equally emotionally invested on their funds.
fucking gas fees!!!! irl and online, this shit does not end.
i got into crypto just a few months ago and first bought some eth. then i realized my mistake of not knowing about gas fees. that eth is still sitting on binance since i cannot move it.
he'll be a high roller... loves to get comped by the casino and treated differently. his gambling is partial payment for that experience
well, at least 350k
you can only reach that conclusion when failing to differentiate between speculating and investing. >the primary difference between investing and speculating is the amount of risk undertaken. ... high-risk speculation is typically akin to gambling, whereas lower-risk investing uses a basis of fundamentals and analysis. it's unfair to paint all cryptocurrencies and all crypto activities with the same risk category. some crypto stuff can be considered investing (ex. dca into a sensible mix of top cryptos), while others are pure speculation (ex. going all-in with leveraged trades on some meme coin while shorting btc because elon told you it is bad). if you cannot differentiate, then yeah, you're definitely gambling.
or you're on wallstreetbets.
crypto is dangerous to me because i’m an idiot about it and win. when the last hype around 2018 was going on i bought into several different projects. most of those projects failed or went nowhere, but the ones that didn’t bubbled up so large on this last round i sold it all high and bought again at the dip. it’s not a hefty amount, but it’s pretty crazy that i can lose 99% of my earnings on several different currencies, and it doesn’t matter because others spiked up 1000%.
i was just gonna keep reading and figure it out, but nope, understanding never came. i'm glad someone asked and someone answered. i'll stay in this sub for a while. people are cool here.
except in a bull market your buys are just going to get more expensive on average
in my head i always read it as , damage control average😅
dca buying crypto has shown to net less gains than buying at once. it's more of a mental thing, price goes up you are happy with purchase. price goes down, yay bargains. dca works for stocks, but due to crypto volotility it doesnt work as much.
never be afraid to ask a question. if you are not sure of something, i can guarantee there are several others that are wondering the same thing. there is a lot of knowledge in this sub and all of that knowledge is freely given.
on the sniper island i was born
i’m with you on all of those. i’m just looking at matic now and i want to get into some algo also
honest question as i also have some eth and ada, do you think these two projects can co-exist? or do you think this will eventually turn into a “winner takes all” scenario?
that’s actual a great idea. i never thought of it like that. been wanting to cut back on the alcohol so i support this!
yes the free coins are awesome
also if you can take the cb quizzes!
holy shit, does this work? how am i just now learning this??
damn it grandma. been telling me bitcoin was a bubble since 18k
i know i suck at trading so i mostly buy to hold. occasionally i will buy a dip with the intention to sell.
let's make an eco-coin everytime a certain amount of coins transact a tree is planted. so in the future the eco-coin trees will be an invasive species like amazon van's on the highway. we will turn this entire world into a salad damnit!
word. you guess correctly, and with that i added to the bigger coins with some of the profit.
a meme being green while everything crashes give the opportunity to sell a cheaply purchased meme high, and buy a solid long term investment coin low. it’s the dream scenario
the goal is to make more money, if you think doge is a good investment and will be worth more one day then hold it. if you think something else is a better investment and has more room to grow then consider moving some of your capital there.
same here, doge it far outperforming anything i’ve got
ada held up ok for me, traded most of my doge into it when the dip started and came out even. then put it back into doge at lowest. that way it is always a win.
memes are the new fiat, change my mind
not even strange. doge has appeal, a massive community, sound fundamentals and a rapidly increasing adoption. it's currently of bitpays crypto transactions.
same. i loaded up on whatever i could afford of btc from 45-60k thinking i was missing the boat and now i wish i just sat on my hands. learning experience.
this is what i told my friend who had a lot of doge and shib. i recommended they sold it and grab eth or something else that has a future. he now holds more eth than i do with a smaller investment.
just starting to get into crypto investments. can you recommend a good app to use?
trust your instincts, do not listen to the "experts" who talked family and friends out of investing in doge since february.
it already has in 2020-2021
i was not making a suggestion, i was asking a question. relax.
crypto is much easier to steal than stocks
just always be sure to check yourself and be true to your original intentions. crypto can be a great hobby, even a job (but more fun), but in certain circumstances it can also turn into a gambling addiction... (looking at you, binance smart casino). make some rules, stick to them, and always make time for self-reflection!
the greatest investment anybody can ever make! 👏
call me immature but i laughed when i read 'small but functional."
the great thing about vechain (if thats the vet you meant) is that its a real long term investment. one can invest smaller amounts every month, and therefore dca in. its just going to be in the wallet for at least 5-10 anyways.
buy high sell high
have you realized at least enough of those gains to cover your initial input?
they're not losing much right now.
let’s imagine a hypothetical crypto and call it coin. coin is selling for 10 dollars. great! you want 100 coin. that means it’s gonna cost you 1,000 dollars. so you spend 1,000 bucks for 100 coin in a single transaction. but over the next 9 days, let’s say coin goes down 1 dollar each day. so on day 10, coin is valued at 1 dollar. you’ve just now basically lost 900 dollars. you own 100 coin with the total value of 100 dollars. now let’s dca into coin instead. ten payments of 100 over ten days. assuming coin still goes down a dollar a day, if you spent 100 dollars a day in coin, you will end up with 291.78 coin! that day 10 price is a steal, because with 100 dollars you’ve actually bought 100 coin! so in this scenario, you’ve managed to buy way more than 100 coin with 1000 dollars. alternatively, you can buy 10 coin a day at its market value. this means you’ve spent 550 dollars for 100 coin. now this only works if your asset is only going down, obviously if your asset only moves up, you want to go all in up front—but crypto is volatile, so dca helps you protect against that volatility.
entire books have been written about dca investing for stocks. the general idea is to invest like clockwork around the same time, month after month (or week after week, whatever time frame you want). ignore whether the asset's price is higher or lower; simply keep plugging away. sometimes you will buy at a peak, but then after downturns you will get bargains for some weeks. and then over time you end up with a low cost basis. 401(k) millionaires have been created this way.
correct. the idea is that you mitigate your risk when you dca. this means that you’ll miss out on some potential profit too. it’s a relatively safe and conservative way to enter into a market until you’ve hit your position goal.
*looks at portfolio* damage control sounds about right 😆😂😭
damage control aid aid more money for the average
yeah that’s a good thing to remember! i heard that from lots of teachers and ta’s in college haha
i appreciate the reminder not to be afraid to ask. i think it’s one reason some people continue to sit on sidelines and not make that push to act even if it’s a small amount of money towards a coin 😄
your snoovatar wearing all the dark colours 😂
don’t know anything about algo. i’ll have to look that one up and see what it’s all about. this is the great thing about crypto, each cryptocurrency actually relates to a real underlying project that the community can choose to get behind and support.
i did those yesterday, it is like .
yes it does! i used this method to buy and send usdc within minutes a couple days ago! edit: just did another test using ada and it worked without a hitch!
yes i also just learned of this method yesterday. only caveat being the function is available on desktop and not the app. also i've found that the holding period on pro depends on the bank. one of mine is 5 days and the other just 3.
having tons of fiat would make it easier. imagine investing and then it drops but at this point it would be ok to hodl because you have more fiat in the pockets to invest while it is dipping
i like this idea.
because no coin you buy today will ever increase 3,000,000% and most will go to zero.
you lucky dog! congratulations are in an order.
ain’t fees often like 5-7$? thats what i’ve seen atleast
cannot stress this enough. this is exactly how you make returns from shitcoins work for you.
i lucked out and did just that. this is the way 👍.
doge peeps cannot think in these terms
this is exactly what i did. i also sold at a loss when eth went down to 1700 last week, just to realize it for ye.
i would slap myself if i missed that investment dip. i tool all my brave rewards, changed it to xrp and then to btc. probably
is there much difference to exchanging or selling?
exactly this! your goal is to take your profit from most of your alts and reinvest it in btc or eth for example.
this! also dca into those long term projects no matter the amount and you will see gains long term!
this is exactly what i did with my doge. most of my money was already in eth but i had some play money in doge that i converted 8% ada 8% uni and rest eth.
i use coinbase, and get all the free alt coins and consolidate, then move the bulk to coinbase pro. i also use webull, voyager and even sofi.
a loaded question. please do not play dumb.
genuinely curious: how? i don’t have my wallet. how could someone steal my crypto other than getting me to hand it over or hacking my account?
this isnt your first heist... goooood
binance smart casino, that is brilliant
great post. not a gambler, wtf is “binance smart casino?”
comes from not making a withdrawal early enough but hodling too long can miss the pump. 😄
financially, ehh idk about that. otherwise, yeah baby pretty dope.
yea, it’s functional and real world application is a very good incentive i don’t sell. i’m new and smart enough to say i’m still really ignorant about a lot of facets of crypto. like many it was doge-fever that brought me in. got small amounts in a few solid ones (vet, ada, matic,) and a few long shots. this is for retirement one day. and my kids
buy high sell higher. this is called stupid fomo profit profit
i have not yet because i can see my holdings going much higher soon (gme) i know it probably sounds crazy, i will still sell for a profit even if it crashes down again though cus ive got a nice low cost basis
this is a great simple explanation. thanks.
correct. this works because the troughs in any asset are generally wider than the peaks. so if you dca long enough, you are basically guaranteed to have a cost average lower than the average of the asset over that time. now if you can time a peak for a sale, then you've really done well for yourself. even if not, selling at a profit is a near certainty over a long enough time span (so long as you're not investing in shitcoins with no real utility).
all these damn **p**iece **o**f **s**hit coins and **p**risoner **o**f **w**ar coins too!
the holding period on mine is 7 days -_- the money got removed from my bank account almost instantly, but coinbase still is not sure if im good for it lol
didn't that just happen to shino iba coin a couple of weeks ago? people like you'd would have said the same 10 years ago about bitcoin.
did you just unveil the shitcoin master key?
i trade shit coins to increase my eth stack irregardless of price. as long as i get more eth than i put it i'm winning!
you're right, it is social engineering. crypto is complicated af and people look online for answers all the time. there's a ton of scammers out there waiting for you to ask questions and mislead you. just today i saw a youtuber with a not unsubstantial number of views who let his binance email flash on screen along with the last few characters of his seed phrase for metamask. someone could easily email them pretending to be binance and be convincing because they have info no one else is supposed to know. see the attached image. i just warned this guy today so i felt compelled to respond here. [i warned this youtuber just today ]( how could they steal your stocks which are not even in your custody?
one could dig through your post history to find personal details about you. google your username to find other likely accounts online. maybe find your email address and break into your email. at that point it is not incredibly difficult to change passwords on whatever accounts you may have with that email address, etc...
it was a play on the memecoins like safemoon powered by binance smart chain.
joke name for binance smart chain since it’s so full of shitcoins and moonshots :)
it's d pump that causes all this issues with that.
this is the real insight
if you're buying doge clones as a get rich quick scheme, you're not going to make it.
okay nice! thats good news for newcomers!
thanks. for the record, i was not challenging you, i was genuinely concerned there was an attack vector i was not aware of. thanks for the info!
your a goat 🤟🏻🐐
the original point i was responding to was "crypto is much easier to steal." yet all the examples folks have provided, yourself included, are things that bad guys could use to steal my stocks too (account being hacked, social engineering). i'm not convinced that crypto is any easier to steal than my stocks.
i do not know anything about what's involved in trading stocks or brokerage accounts...
my coinbase account is secured in pretty much the same way as my schwab account - password, 2fa, etc. but if someone gets into either, they can liquidate all my assets and take the money. i was not trying to be obnoxious when i originally asked the question. i genuinely did not know if there was some attack vector for a crypto account i did not know about. but it seems like there is not.
so exactly like this sub
doxxxed devs, ownership renounced, liquidity locked!!! to the 🌙🌙🌙🌙...
12. the sub thinks every piece of news is specifically referring to them and can be positively spun. e.g. elon says btc energy usage is bad. every pos altcoin sub - he is talking about us, pack your bags for the moon.
standard echo chamber rules. same can be applied to every subreddit. they are pretty useful for advice on staking and wallets. also have some good articles linked. key is to treat them as echo chambers and moderate your expectations accordingly
honestly i've made the same realization and worried me. i done some research and zoned in on 2 coins that i believe are sleeping giants. i was very pleased with myself. but everyone has a coin such as this. everyone has a project between 100-500 that they believe should be in the top 10 or top 20. it made me question whether my picks were actually any different from every other coin that surrounded them .
you forgot the ridiculous price predictions
change number 1 to "btc is the king, all other are shitcoins" and you'll describe the btc sub too. so basically this applies to every crypto sub.
they’re all going to the moon. 🙄
also when the price goes down, all the "who's still hodling!?!?" posts with a screenshot of their portfolio being in the red
you did not need to visit altcoin forums for that. you can find the same mental gymnastics on bitcoin subreddit itself, just on different subjects (instant bans included).
this applies to this sub as well
everytime a new shitcoin comes out it claims it will be the next bitcoin. funny how that has not happened since bitcoin's inception.
looks like you did not go to the iota subreddit. everyone is sad there and keeps yelling.
are you still mentally stable? that must have been quite a shock... haha
i really do feel some crypto subreddits are potentially very unhealthy echo chambers - honestly, it is a little offputting sometimes when i wonder if i'm potentially being as irrational as everyone else. i sub . honestly, i think some of it is pretty valid.
you should visit the btc sub while you are at it. might even get banned if you mention an altcoin or go into thiscussion about btc fees, enviromental issues. dont expect too much from reddit, i mostly come here to catch some news.
so basically r? basically all of crypto? alright.
would love to hear your take on this subreddit posts. are you tired yet of the same "banks bad", "crypto changed my life", "my mom wants to invest in doge" posts?
overwhelmed with ricket emojis edit: i'm letting my misspelling ride, it is better this way
i got banned. from r. mods are insane
easy money, if you get in early. hype is a good driver for price early on. i turned 325 dollars into 15k in about a week riding an alt coin wave. 325 bucks got me like 900,000,000 coins, so obviously "valueless" is an understatement, but that 15k is real.
12. do your own research... whenever you ask a question that they don’t like being asked
heres the reason that caused the dip... not financial advice... dyor nothing can break these diamond hands... paper handed bitches cant wait til lambo... whens lambo? lambo? something about elon goes here... the coin you’re holding sucks buy this one instead but you gotta appreciate some of those dank memes💁🏾‍♀️
8. wen moon? wen lambo? 9. "shitcoin" is following a matic. it's crashing now but will go 10.000x in the next week's.
whales are going out, buy the dip, don’t let the whales come back in! if it keeps dipping, just keep buying.
r. - elon takes a dump? - elon manipulates market? - elon goes to snl? - elon’s mom guest stars on snl? - elon calls someone a pedophile? - elon wakes up? - elon announces new child? - elon makes a cameo at bbt? you can’t make this shit up.
monero is the *only* cryptocurrency that is completely decentralized, untraceable, and anonymous, so yeah i'm going to say it is under-valued and the most useful technology in the entire space. 99% of the rest are shitcoins including btc
many of them are heavily botted. i do not believe these subs with random shitcoins heavily upvoted and emoji spam everywhere are organic.
yep now do the same for r, or to be honest about it, you just did that. it’s just a bigger echo chamber, about crypto in general yea, but it’s just bigger and with a slightly longer list
what's the crypto version of a squeeze play? every fucking stock now has a squeeze play.
one of the reasons it is like this is that all kind of real talk about projects and concerns are considered fud and no subreddit allow any kind of fud talk in them. so you will just see hype, moon predictions etc. same stuff everywhere. if you ask anything that concerns you about these projects it gets deleted instantly. and you get down voted to oblivion. also 80%+ of people who invest in crypto have no idea what crypto really is. they just want gains and often do not even bother checking what kind of project they are investing on.
did you actually see this consistently or do you just sum up common sentences that you can find in this sub as well?
do not forget though, this was the common theme for btc and eth 5-10 years ago
yeah... patriotism is kind of stupid if you look at it from the outside
just like religion. it's not about finding the truth, it is about being part of a community that shares the same "truth".
some of these subs feel like cults 😂
hey, why did not you visit r!
i swear to christ almight if i read the words "hodl", "ape" and "🚀" in the same fucking sentence ***one more time*** in this fucking website i will lose whatever shred of sanity i have feft... edit: god **dammit** i make one single coment in one of these fucking joke crypto subs and now i'm getting bombarded with messages about 'new cool crypto tokens that are gonna make you rich'... *are you happy now?? is this what you wanted!?*
yeah, that sums it up. when i first got in crypto, i was kinda influenced by those subreddits and bought too many coins, because they "will grow 1000% in the next 2 weeks!!!" or some shit. sorted it out, only altcoins left in my portfolio now are ada, xrp and vet.
so this post is just . lol
don't just blindly "buy the dip" or hodl. start of 2018 was full of this shit, everyone screaming btfg and "last chance to get xrp under 3". we all know how that ended.
the echo chamber and confirmation bias 10 commandments
funny you should say that. as i opened reddit like 5 seconds before seeing your post i was thinking that i should unfollow all the subreddits dedicated to single coins as they are all frat houses in which valuable information is too diluted in bro juice.
so it is like every other subreddit out there. go to a nfl-related sub, or a political sub, or gaming sub. literally the same behavior.
all because boomers own the most real estate
don’t goto cryptomoonshots... every post has thousands of upvotes and rewards within minutes of posting.
"i love this community! there's nothing else like it. we are the best community supporting any crypto and this is one of many reasons ____ will surpass every other coin."
can you source this? or do we have to believe you 100%? what do you consider alt? i feel people mix everything into alts, from serious projects to shit coins without understanding much of the difference because the main ones i follow (r, r, r) have none of these posts. they are mostly thiscussing projects of the ecosystem, auctions, stacking how it works. to a lesser extent r, r(but to direct competitoes like dot, ada, rezos, etc, not to btc since they are nothing alike). where is this info from?
12. noob here. how do i buy (this subreddit’s coin)? 13. noob here, again. i want to buy (this subreddit’s coin). should i wait for the dip at x. (x= the current cost of the coin minus 50% of the current cost of the coin multiplied by -4). 13. noob here, again, again. how do i stake (this subreddit’s coin-if staking is available). i’m going to ask 1000’s of total strangers to read through a question they’ve seen 1000’s of times before, instead of going to google, which doesn’t downvote you and burn your azz for asking stupid fooking questions.
8. algo is the best of them all!
i do not know why but all of those points reminds me of the trump narrative. maybe something with the cultish vibes.
i rarely go to any crypto specific subs due to the massive zealotry. it's like going to one of those churches where they handle venomous snakes. i'm in crypto to make money. that's it. i'm not joining your revolution, i'm not interested in anything you say. i skim the cream off the top and leave.
you should check out icon, we're openly critical of its flaws, under no illusion that it will overtake bitcoin or eth (lol?) and nobody talks about the price.
what coin are you referring to?
is it the part of dyor?
spot on. this is gold.
fuck the whales, buy the dip 💎🙌
theres at least 100 coins where im with them on almost every point. there really are a ton of great teams, great projects with great use cases, are undervalued etcetc. doesnt change the fact every single one of them rise and fall with btc price action tho.
haha yeah that is so true for all those shitcoins. luckily my favorite coin is special!
[i have to go make a call.](
you've gotta mention how great the community is
yah, you did miss something. all of a sudden, all blockchains have the most environmentally friendly tech, some even claim to be carbon negative.(which is a whole other thiscussion) a coal plant could be carbon negative if they spend enough money on carbon credits.
12- the coinburn will send the price to the moon!
i spent all my money buying at high prices
i really like that one guy who’s decided he’s all in on this one coin. if it’s true it’s this special combination of balls and pure stupidity.
this is literally every crypto sub, even btc. are you new here?
thats why i like the more technical sub reddits and not just market talk
it's all pump and dump scams. the tech behind it is sketchy with undertones of libertarian fantasy (decentralized and the banks are scared!).
er, welcome to the internet... this is the new normal now.
thanks for re-listing the subreddit rules. :)
i've been seeing "doxxed devs!" a lot lately as well
tezostrader is full of bitterness towards their own token that is pretty funny to read sometimes
i find this sub to be one of the strongest echo chambers. i find the few alts i frequent, to have more productive thiscussions.
my post got banned from bitcoin reddit because i dared to include eth on my picture not just btc, and the reason was "we do not advertise shitcoin here". so compared to altcoins i think btc subbredit is the most delusional.
the different churches of crypto
eh, accurate. it does this during bull markets. i'd add that on the back-end, moderation is a bit like pissing in the wind, in that it always feels like it is worse than it was before. delete the clearly fud stuff, you have people claiming you're censoring them. try to cut down on the moonboi posts, and you have people claiming you're spreading fud. back in 2017, i did a lot more to try to balance things out. now, i'm at a different point in my life and do not have that kind of time to play mediator, so i just go through it when i can, approve posts that were automodded away and try to stop people who start making things personal. there is a new group mods, and they seem to be way more echo-chamber tolerant than i am, but that is kind of their choice as the active mods.
to the moon soon don’t miss out
the perfect irony: imagine trying to get your 1950's born parents to accept that the revolution will not be televised ...[
5.6k upvotes for a shyt post about things everyone already knows. nice!
anytime there is like a 10% gain in the span of 15 minutes to an hour, i always see a post saying "to the moon!" it does not take long before that 10% gain thisappears. i hate those posts lol
yeah i think that sums it up pretty well. you need a stiff beverage and nap if you spent 4-hours in all those subs!
to be fair someone has to be right
makes sense, people want other people to buy the coin they are holding, so they will try to make it out to be the best thing ever even if they do not actually believe that.
thanks for the 'how to start a scam coin for dummies' tutorial. just about to start my own token now
tbf btc really kinda is a shit coin. sure it is worth a lot, but what's the point of a coin that you cannot even use to buy cheap shit with? is the goal to just overprice the fuck out of everything? bch and btc need to switch places as far as best option goes on the bitcoin chain
post: 🔒liquidity: locked🔒 ❌ownership: renounced❌ 🚀to the moon, kings🚀 🏎giving away a f1 team at 🏎 🥺charity project🥺 comments: > “i think this have potential as bankerman.” >> “you are certainly right fundamental is good.” > “i buy ,000 coins to be billionaire.” >> “a wise investment” i have filtered so many goddamned shitcoin subs it’s unbelievable.
you're missing people saying "this is my first step into crypto, what do i do?" and also not knowing the basics of how anything works.
you should join their telegram groups... amazing anthropological phenomena
whoa! good thing this sub is nothing like those lowlife pathetic lesser subs.
that's all of reddit .
its alt season buy buy
don't forget "constantly post 'this is the way' is response to anything that be be spun as positive"
what wonders me is that nobody is mentioning that all crypto is a software. all software evolves and adapts and is limited by the hardware of the time it was developed. so logically crypto should and it evolves to. we have defi now days and dex and all these awesome stuff. so why it should bicoin be valuable, is old code, unoptimized and slow compared with the new generation of blockchain crypto. and how will the current crypto preserve his value in 10 years when who knows what will have.
reminds me of 2017-2018 lessons learned.
this is so accurate for almost every altcoin it’s great. don’t forget them bashing other altcoins that do the exact same thing
your conclusion should be simple, there us nothing to be found on reddit
oh dude you are doing it all wrong. the best way to make money off if crypto is to be lucky idiot who just happened to buy at the right time. lol
which nano sub was it?
the echo chamber is real and it knows no bounds.
4 hours on alt-coin subs... are you ok?
funny, i've never had to convince myself something is a good investment - that is always the investment's job.
12. the sub dies when the price tanks, with a few posts like "where has everyone gone?" or "buy now, it is so cheap!" 13. the sub comes alive again when the price rockets on a pump and dump and a whole bunch of n00bs come in and all the same shit posts are posted again, with zero lessons learned. 14. the "cult" members starts using words like "we" and "us" when referring to the alt coin they purchased, as if somehow, by owning some tokens, they are now "part of the company behind it" 15. numerous posts about "i'm not in this for the money, i believe in this company and this token", 99.99% of these posts are lies. see 12.
i don’t think most people investing in crypto understand it well enough
so true! this is an accurate observation. all such things confuses a noob like me. i read the posts heck even their website and other details...to me most of the coins i try to research "very good" and it should go up. does anyone else feel that way?
something something coordinated short ladder attack
now the important question: have you heard of our lord and saviour charles hoskinson?
> pow > pos & pos > pow - depends on the subreddit is coin. the environment definitely has a preference. > all the flaws in the coin are suppressed while the breakthroughs are celebrated: if op even mentions any kind of concern, the post is downvoted to oblivion. unrealistic, in r, user is banned.
yeah, what’s the deal with the fud accounts? it’s like there’s incentive to bash certain coins.
>we have something other coins don’t have, an amazing community!
well done. all these reasons are why i just casually glance once in a while at a crypto thread. the thisinformation information dds give me a headache
i always wondered how people invest so much into random coins that turn out to be a pump and dump
but... i thought my coin was the one 😢
the trick is being smart enough to do your own research to see which one is actually correct. so far, i have found 2 that my research also backs up the emotional frothiness of the . the rest turned out to have gaps, holes and misleading information. for instance, one turned out to have unlimited minting as it is intended to scale with demand of the storage network. the limited coin is called something else and only held by the developers. you had to dig deep to find out the developers really did not even expect it to moon, by design. however the . so much shit to wade through now, it is like trying to buy something on amz that is not a knock off import from lawless ip-infringement places.
to add: their coin will survive the bear market
"i just spent no time at all on a handful of internet forums, so now i can tell you what i've learned: the web can be extremely toxic!" you're not wrong, but honestly, what's your point? stuff like this is old news.
i feel like i’ve seen this and read this before
if you think that’s bad, wait til you see their telegram accounts. oh lord, that shit is embarrassing.
they're (almost?) all ponzi schemes or jokes that went way too far. many are both.
i spent less than a minute reading this post. these are my conclusions: ' 1. you spend too much time on reddit. that is all. :)
welcome to our cult, uh ... sub. we've been expecting, uh ... waiting, uh ... **welcome!**
there are many great alts out there with great teams and utility... bitcoin remains the alpha, don't go all in on one altcoin... ever!
thats about does it. reddit crypto subs have really turned into garbage.
in addition, people brag about how their coin is more environmentally friendly than btc. they may be, and that’s good, but i think i’ve noticed this trend in those subs as well. another thing is that people will spam all these generic crypto subs pitching their coin just to try to get more buyers
but will they add girth to my penis?
every sub-reddit: buy my coins, others are trash. took me 1 minute to realize.
i made this mistake in 2017 when i tried to ask subreddits to get real information about projects. every fucking time i tried to drill down into specifics, it spiraled into accusations of fud and "trolling". people who are this idiotic and cultish do not deserve to make money from crypto.
ah this sounds like the entire dogecoin subreddit
til ethereum is just an expensive alt coin.
my question for op, hows your crab coins living at the moment? i bet all your portfolio looks like this: btc eth link hbar vet bnb
a lot of subreddits are just people bathing in their own glory not realizing what's going on around them because they only feed their brains with one-sided information
i hate to sound like a mindless shill, but i've spent time in plenty of altcoin subreddits, and typically they only get critical when the coin is basically dead. the exception to this in my experience has been the cardano subreddit, where numerous critical threads are highly upvoted (85%-95% upvoted)
people straight up denying fundamentals that they think makes the coin look bad (usually inflation rates or confusion between hard caps and annual caps)
8. it's going to the moooon 😑
that's why i prefer this sub, it is still not perfect, people will shit on you from a great height for expressing certain opinions but it is at least a touch closer to being able to hold balanced and interesting thiscussions (when people are not just reposting the same shit over and over )
as a newbie to crypto it is so initially confusing when i'm met with echo chambers like those subs. trying to learn the basics for myself among cries of "to the moon! 🚀🚀🚀🚀" is making me sceptical.
i was bitched at en masse for selling my btc in the bitcoin sub. not cool.
do not forget about the "ape"-style memes trying to create a fake idea of community so they can pump up the shitcoin before selling a few months later.
my favorite is always . "the banks are going to crumble!!!" if the banks crumble, so does the world economy. millions would be left unemployed. your crypto is worthless then. let's start talking about how these two systems supplement each other and solve different problems.
did you check out the ripple sub? its here:
this sub is not different. majority of people worship their alt coin choices. most worshipped being the ada,algo,matic,vet,lto
i got trashed in the telcoin sub for pointing out legit concerns over the fact that there is one guy uploading to github and there were no repo entries since over 2 months. to the moon 🚀
to be fair, this exact list applies to all the most popular coin subs. i finally had to drop out of the eth and bitcoin subs because they were intolerable echo chambers
i am amazed you needed to do research to realize some common sense.
yes, 4 hours is all the time you need to completely know what the deal is all about ... can you also give some examples of which comunity we are talking about ? just so we know and keep away 😏
this is a moonfarm. you did not have to read much of shit or research anything to come up with this. you could find this all on this very sub on one specific coin post. did we all want to read it again??? spammy post is spammy.
why does everyone hate on alta and alt supporters so much? if you do not like it, do not invest and keep it moving. there's room for everyone.
people like their coins, why you hating?
there are very toxic subreddits for altcoins. for example i really like stormx, i use the app for shopping and stake it but the community is terrible.
let me tell you one thing that i've found out. if btc crashes, everything crashes. if btc has it is good days and is going green, everything is going green. we are still in an infantile phase in which everything is still tied to the value of btc.
13. a completely unknown youtuber ! let's go there and shill it! 14. an specific emoji or gif is used to describe the coin
altcoins come and go but satoshi(btc) is the king regardless of what people say ethereum could the king of defi but ada and dot have some serious tech which could compete with eth
sounds like you ended up finding a giant waste of your time.
crypto currency is 100% bullshit. most of the time a speeadsheet is more practical and economy than a whole blockchain application. the only utility of cryptocurrency is payment method for online gambling sites
"what are you talking about? a 3 trillion "
it bothers me that r, aka bch, aka not btc. that whole community is lame.
i would bet the farm (if i had one) that there are some massively rich people manipulating a lot of these alt coins in order to dupe the idiot masses into "investing" into them in pump and dumps, using their wealth to purchase social media influence to aid the process. see people like elon musk, who are openly, blatantly doing it. the cryptos we're seeing now will never be the future of currency because they are not being treated like currency, and they will never get that way without some major institutional backing.
dont you ever talk to me or my etherium again
why there is a need to shit on other people investment? we talk about how evil banks or how corrupted the fiat currencies is but somehow shits on people that not investing on either btc or eth? can't all coins bar the real shit coins be succesful or maybe someday take over btc or eth? what's the real deal here? every one at some point shat on btc and eth on its early days and now most of yall worshipping those coins to moon. everyone that is putting their hard earned money on crypto to invest should and must have done their own research and any failures should be their own, period. apart from that, let us hope all those quality and good coins that have good projects lined up be succesful and make fortunes for us. stop this nonsense of hating on each others coins.
😂😂, i bought ada at 9 cents and vet at 1,2 cents. so yeah man go and spend your money at the stock exchange. good luck!
we call this "confirmation bias" and i'll admit that i'm also guilty of it from time to time.
no need to go elsewhere - go to any monero post in this very sub and mention tail emission and you're going down.
you forgot one “x is literally the most undervalued coin on the market”
11. by far the majority of talk is about mining, price movement, or wen lambo. any legitimate question is either ignored or told to read the white paper.
fuck the moon. i want to go to mars
crypto echochambers summed up perfectly.
the moon must be getting busy nowadays
we need update posts from people all-inning their life savings into x coin. that would be so fun to follow.
are you able to mention the 15 alt coins, i am curious if i hold any lol
it only takes one of them ![gif](emoteemo_pack_1dancing_wojak)
what was the least terrible alt coin subreddit?
they did not ask newbie to buy high sell low?
how many gifs did you see of a rocket launching with the altcoins logo poorly pasted into it?
you forgot: 0. don't spend 4 hours in 15 alt coin sub-reddits
can you tell me which altcoin subreddits you surveyed?
you forgot a few things: \- charity! (because of course the whole purpose of the coin is to give, not to make bank, are you crazy?) \- tokenomics! because if you wait long enough those quadrillion coins are going to melt like butter in the hot summer sun and in 5 years there would not even be a billion left! (source: dude trust me)
none of that is surprising
also, \[insert altcoin\] is what satoshi intended with bitcoin and \[insert altcoin\] is what people think of when they first get into crypto
cardano reeks of quite a few of these statements. i hold a bag, but so many subs are partly either uneducated in what they are invested in or plain delusional.
hodl the line. no, you're absolutely right, most of those subs are garbage with 0 useful information. too bad you would not get those 4 hours of your life back...
but the chia sub is different, nobody is making money, the network growth is unreal and everyone is giving up :)
to be fair, i have found these exact same things on this subreddit too. i think most people are just over-excited to see if their gamble went right.
buy high, sell low.
cool! now do anti-vaxxers?
i never believe in other opinions, dyor, believe it, hodl and dca. if that is turn out wrong, do it again until you are right once!
this described every crypto sub, period. not just alt-coins. exact same shit goes on here. exact same shit goes on in btc's subs.
this. and if you speak negatively of the coin, insults get hurled at you and you get told to gtfo or sell.
the moon is pretty crowded these days... confirmation bias bubble to saturn!
just wait and see. cummies is going out if the entire solar system. elon will himself beg to get a cummie nft based on him. bitcoin is a joke, cummies definitely will become . we just waiting for the funding from the vatican ...
no understanding of what marketcap is!
the enormous ammont of meme
sooo, all of them are good?
and there is meme everyday on dogecoin sub- reddits...
this is why 98% of crypto traders lose money hahah they are all looking for moonshots they dont need. never had a moonshot pan out well tbh
yeah most of these are echo chambers... sometimes you get interesting news, most of the time theyre just circle jerking on the project.
what amazing powers of observation
you missed the standard karma farming post from the guy who says who's still holding when the coin loses value
i am a nab on crypto, 2021 was my first ear investing like 150 euro, managed to pull back 148, lost only 2 euro. my conclusion so far is alts = fast profit if smart or lucky, btc the big dog that will never thisappear, for storage and real commercial transactions.
one of them might be right
i dare you, i double dare you motherfucker, spend just 1 hour in r your iq will drop to two digits or you will go insane this comes from an (unfortunately) shib holder
i prefer pow over pos. shoot me.
as a new wave of investors we should down vote such silliness to oblivion instead
13. theyre all buying lambos and going to the moon.
i have 5-6 alt coins that i like and the subs are indeed like that 😅
the number of upvotes this comment gets is the future price of !!!
it's ~~funny~~ focused-thiscussion cuz it is true!
i do not understand how people have time to devote to a single project like that. i agree with op completely, and i would add that he will probably see the same usernames in there saying the same things weeks later, i just do not get it, so much out there to see and they hanging out chatting and making friends in 1 chat about 1 project.
that's how it is always been.
i am surprised you did not thiscover a strategy. the coins are buffed so the whales can cash out and tank the price of a coin to a certain margin. there is no financial freedom for the little guys. struggle is everywhere.
you just described iota
i'm guessing you might have visited the r, since the regulations from major banks are not strained all are predicting a wave is in coming. guess that is what the subs are for.
or people advertising their garbage nfts
>people are just waiting for mass market adoption! and this is exactly the reason why the majority of coins is actually useless. everyone sitting on their bags waiting for "it" to happen. market adoption does not magically hatch one day like a bird from an egg. it actually takes a lot of work to get to the point of acceptance.
and there is meme coins, they are the real dotcom bubble
name and shame? 👀
you really have to be careful in those spheres. in some way the same shit happens in this stuff to but those subs of specific coins really remind of some kind of sect or cult sometimes.
they also have one personality, who’s backed that coin, as their god. they would get down on their knees for that person, no questions asked.
and how many from these did you invest in?
endless comments saying, "this is the way."
what are the 15 alt coins? 4 hours each or 4 hours in all 15 at once? either way that doesn’t seem like a considerable amount of time spent in them.
nice post, was totally expecting a 'say yes if you want this t-shirt' posts in the list.
this is why people call this entire space a cult. what is it about money that turns people into such lizards? anything challenging the prevailing belief system is seen as an act against god. burn the witches!
i spent a brief moment in the safemoon subreddit shitposting. they actually seem nice and polite.
people support the coin like it’s their favourite football team and every other coin, even if it’s part of an entirely different type of project, is shit.
and, since gme, everyone is obsessed with the volume of shorts on their favourite coin, even though in crypto this is almost irrelevant (because you do not have to deliver at expiry like stock futures) and nobody does any actual research into who is shorting, whether positions are covered, whether it is just a short futures(most crypto shorts are exactly this)
spot on. no "to the moon" post in each of them?
so almost everyone is bullish and then the coin crashes
hard to say, i got banned for asking some unpopular question
that's normal in every business i guess. for example, you are in a telephone company sub-reddit, in there, they will be the best company you ever saw. people would never *fud* what they own. it is up to us customers, filter what is worth for us and what is not. competition between brands is always a good thing for the market itself.
be in your own deregulated, decentralized trump-like cult anywhere in the world. the future's now!
12. screenshots of trades with the title "i will hodl till price x" where x = current price \* at least 10
number 6 (evil banks) wouldn't be true for many coins that actually strive to host cbdc, or are designed with institutions in mind. (algorand, stellar, hedera, tezos, ripple...).
out of curiosity was it in top 100 or higher up the rank? i.e top 40, 30 etc
i give up on humanity. humans are greedy
it's why i have quit them. i felt like i had fomo all the time on each of them.
sounds exactly like this sub.
tell me the sub reddits you visited i want to invest in all of them!
are they "community driven" though?
so it’s identical to this sub then? seems like cryptos are more alike than different. or at least the various people who frequent the crypto subs.
would you thisclose which subs you visited?
depends which subreddits you went to, some coins are pretty good ergo & mina eg.
> 6. how the coin would bring financial freedom from evil central banks and would rebuild the financial system from scratch. how about xrp? do they say this?
it's all the same... ![gif](giphykyifqiusoebae)
i mean, not everything you observed is even wrong. banks are evil and several crypto will replace them. also hodling after buying a big dip (if the project is a real project) is the best. i feel like people who post pessimistic things like this drag baggage from traditional markets over to the crypto market. yea alot of what people are selling is shit and hopeium, but crypto is legit and it would not only be bitcoin and eth that reach the finish line.
one thing that they also have in common is that they is basically no rule to what’s acceptable for shilling their coin. posting shit like „gambia is becoming wakanda“ when they get their coin and showing smiling black people in africa with logos of their coin plastered all over them. like holy fuck this shit is wrong on so many levels.
feels like it would be a good idea to list the 15 coins subs you also went into, that way people can verify your claims, and then also upvote to reinforce them
some can be useful sources of information and updates, but horribly biased for speculations
my coin gud others bad
what about unpopular opinion: actually popular opinion
how to describe the celsius network sub in 11 easy steps
yes, you kinda have to dig deep to find some meaningful comments
you missed out the blog posts >"hey everyone i just bought 1.17532 coins and i've staked it in the wallet! feels so good to be part of such an amazing the project!" then all the comments are the other cult members welcoming them to the fold. cringey as fuck and it makes me want to sell my coins so avoid being associated with them.
well, it looks like everyone is going to the moon.
am i wrong in saying that algo is the only altcoin that has a founder with a turing award? ;/
i mean, we know all coin subreddits are for shilling. for me, it is like a reminder of why i chose the coins in my portfolio lol anyone who takes them too seriously: chill. it's good to get news from the subreddits, but always take profits if it is good enough for a screenshot.
i think the most common one i found is a random video from a random youtuber with the “shocked face”, pointing at a skyrocketing graph behind him with the caption “<insert shitcoin> to 1?!?!?!???”
99. "i still remember when we was only #### members and i was the only one believing in this project. you are all after the quick bucks, you should leave immediately and grow some diamonds first."
this just screams telcoin lol they are a bunch of morons
i trust your research, take my money!!
r. but fascinating to read and watch nonetheless.
what are pow and pos??
i'm happy to see r. *high fives self*
to the shut the fuck up weirdo
isn't number 1 more or less true though?
>all the flaws in the coin are suppressed while the breakthroughs are celebrated: if op even mentions any kind of concern, the post is downvoted to oblivion since the market runs on emotions and fuds it only makes sense that they try to downvote the post out of sight. but, i feel this does more bad than good in the future.
12. depending on the recent price action someone is asking - why the pump? ?
this isn’t just crypto. all stock pushing threads sound exactly like this. no room for actual thiscussion, just live in a bubble looking only at rainbows of what could be
not giveaways for 1 billion of whatever coin to a random subscriber? i've seen a ton of those.
pos is better tho
sounds like a multilevel marketing scam.
yeah checks out! ina certain subreddit the users wanted to explain how their alt coin is the second most well known crypto currency after bitcoin ... dangerous echo chambers.
don’t forget “i just love this community!!” usually posted by people who just bought the coin 23 minutes before
how many accounts are also in every single one of those subs?
same thing happen to me on altcoins subreddit, every day btc are shit, they are the best, say hold, predict... my feeling about this it is altcoins sub are bad, bad for self study, bad for develop a criticism spirit... the most incredible one is matic: they all behave like professional investors. they only speak positively ... while next to them they have not seen that 80% of coins are owned by 13 wallets, that it is hyper volatile ... in short!
this is true. echo chambers of the worst kind. damage control 24 the only reason to go in a coins subreddit is tech support, and even then, discord can be the better choice
which subreddits were they, out of curiosity?
“real utility” yet they don’t use the coin.
12. not the best maths
add- i took all the negative points to fit my view
i was checking out a newer token, and in the sub for said token someone commented "i love their team" checked the site for the coin and team info, "the team is remaining anonymous. "
your number 8 doesn’t apply to r. from my browsing experience, thats only seen in xrp, eth, and doge sub lol. cardano’s sub is the most professional ive seen so far. comments with to the moon, or emojis of diamond hands or rockets are downvoted. those arent welcome. imo, very mature.
r 1 - to the moon! 2 - to the moon! 3 - to the moon! ' ad infinitum
same story with the btc sub also. that's why i try to limit myself only to cc sub.
>bitcoin is speculative garbage this is pretty true tho.
btc is down to 40% dominance. "alt coin" is not an offensive garbage term yet? if you think r're not living in reality. this sub is basically "eth is so popular, vitalek is the goat, derp" or substitute above with the latest talking points for btc and a couple other approved coins.
yep always found the coin. if you keep that in mind though then they are still useful and interesting for the most part. further emphasises the point to dyor.
what are the biggest altcoin subs by user base? don't know much about altcoins, i thought it was currency used in the lgbtq community.
i'm relatively new to buying crypto (feb) and having great fun collecting shitcoins and riding the waves of the market, i'm in a variety of alt subreddits and i find they are really useful for specific info about the coin, staking etc... but you have to do your own research outside of those echo chambers. i'm not investing more than i can afford to lose, and plan on holding long term for most, learnt my lesson buying .07 (aud) and thinking i was a genius selling for a profit at .09 (aud) as it had no real use case blah blah, market is irrational, woulda coulda shoulda, have goals, dca in and dca out or at least have a plan, my plan now is accumulation, no rush, wait 5 - 10 years and have a better life for my family, or not, depending on how things go! aim is 70% btc 20% eth & 10% alts, way off that at the moment but still early days. (same old stories, tried mining back in 2013, shit computer mined small amount, no idea how to access now, forgot for years whilst life got in the way and now in it for the long term).
it’s like crypto populism
were you surprised by your findings?
come to . there is only salt!
some of the traditional wall street culture has come inside subreddits
so what you’re saying is i should buy more bitcoin. got it!
did you stop by r??
most alt coins are low-key mlm.
coin specific subreddits are a dark place you do not want to wander into
spot on except for the tezos subreddit where everyone is constantly shitting on the devs because "tezos should be in the top 10 by now!"
confirmation bias is one hell of a drug. i love the vet subreddit but man, the fownvoting of any critical question bothers me to no end.
this is why i like the district0x sub. they are so beaten down by holding that flaming turd that no one even has the energy to shill it.
don’t forget obvious-scam giveaways. who wants a quadrillion clucoins worth a grand total of ?
what is pow and pos
the funny thing about this list is it also applies to the bitcoin sub. just sub bitcoin for altcoins as the trash
4 hours? holy shit, man.
you forgot the bit about how a large portion of the people commenting, their accounts are between 110 and 125 days old. very suspicious.
this may be controversial, but part of my strategy now has been dcaing into coinbase shares (in addition to btc, eth, and some bnb). my reasoning is that while i do believe crypto is the next big thing, i think the guessing game of which alt coin will be mass adopted is a little silly where there are just soo many worthy projects out there.
you should try looking on their telegram groups. it's even worse. i went on one for a shitcoin and it is truly cult-like. you get the real true believers there. i'm not sure if some of them even sleep. pretty frightening when they start talking about trying to get their families and friends to go all in as well, on what is pretty much a standard memecoin.
it's weird cultist tribalism. o try to avoid reddit for that stuff
i’m here for . don’t care which coin it is.
12. reddit accounts that have only posted in that altcoin's subreddit.
this is actually true hahah a fun read
you guys should look at the algo sub reddit lol
great post. i am embarrassed to say that despite hearing how all other projects say the same thing, i do believe the project i am invested heavily in is different :$
crypto subs are always, “my car is better than yours”
you've just described cryptocurrency as a whole. congratulations.
wow. what a waste of 4 hours 😂
nano: 1. check, 2. - check, 3. - check, but this point covers both sides 4. - check, 5. - big check, 6. - another big check, 7. - check, but not daily, plus it is kind of true, that we are early adopters, 8 .- this one is not checked, everyone is well aware about spam issue and lack of marketing, 9. - check, but it is normal for people to encourage each other to persist during tough times, 10. - not really there, it is just general advice for investing in cryptos, "be patient". 11. - very few, i guess no one is seeing nano as a threat. good post, makes you realize, that we might be split in tribes but they all behave similarly.
i would argue most points apply to other subreddits as well.
it took you 4 hours to come to this really common sense conclusions?
12. each subreddit, shockingly, recommends the coin in the title of the subreddit (further investigation required)
you forgot "to the moon" and "diamond hands"
they are filled with confirmation bias basically
alt coins subreddits create bubbles filled with confirmation biased. occasionally you can find honest critics; they are usually downvoted. be sure to sort by controversial.
if you look long enough in any forum you’ll find what you’re looking for.
one i've noticed is 'team is fully doxed' . however i've noticed that is not usually the case. also, why does that matter... bitcoin's creator is not. dogecoin's is (and gave up working on it due to people threatening to kill him... which just baffles me).
can we get a total cryptomarket etf like yesterday? please?
so you stopped off somewhere and had lunch for 3.5 hours?
for shitcoin subreddits. shitcoin is not a shincoin. shitcoin will take over btc.
i got banned from one of these altcoin groups for saying it was unlikely to reach btc prices (10x the supply for a start). any realist is a fudder to them. crypto could really do without mental cultist types filling the space. don't forget they like to claim that everyday is your last chance to buy under x price and every other day is just a correction when it drops 20% as if that could not have been predicted when they were screaming about missing the train.
great summary, love it. the subreddit that supprised me i find most critical about itself and non-profit but technical focussed is truebit protocol.
xrp is already in top 5 :'(. wen lambo?
every crypto subreddit. when things are going well, they spew out this bullshit and when things go bad, they spew out that bullshit. no one knows what they’re talking about, regardless of how many followers they have or how much money they say they have made. i think people forget how fucking easy it has been to make money in crypto. for the most part, it’s been idiot proof. these people are not geniuses. i’m sick of the nonsense and have, primarily, stuck to doing my own research and analysis. thank you for pointing this out!
what exactly is the point of this post?
i'm bullish on amp, eth and ada atm but people always think you're trying to sell them on some scan with pretty much any coin you mention. either that or they are overly zealous of their shitcoin that they already put their life saving into. i guess sunk cost fallacy is still prevalent.
you are all feeding the rich. only the top wins you bottomfeeders!
excellent observations. and from your observations, i have deduced that these 15 alt coins maybe pure speculative narcissistic ego stroking bs that lacks genuine truth. operated on specific self interests most likely linked with greed. when an alt coin manages to break free from these "norms" then we may have something worth investing in. until then. garbage in, garbage out, it is just another casino and the odds will still be against you.
except my 600.00 investment in doge became 112k! i waited almost 4 years for that by the way so it was not some overnight pump and dump gooey money surprise. it took risk, time, dedication, and patience...like marriage.
ye so same as in bitcoin
soooo you were reading reddit? :)
finally an eth killer
posted a cmv meme post on shiba coin community about being a bag holder. still no response at all lol.
crypto community summarised in one post.
i don’t think anyone in any sub talks down about bitcoin. i mean, unless it’s some idiot commenting.
the general bitcoin fud, like "bitcoin is the biggest because it was the first"
you can replace this with the penny otc stock of the week. it’s great seeing the same argument for the hot crashing penny stock of the week or month that is set to moon soon but doesn’t
i’m curious what alt coin subreddits you visited. clearly etc was one of them.
you could say exactly the same thing about this sub right here. just change the altcoin name to crypto in general. echo chambers are all over the internet. it’s important to accept criticism and try and make the thiscussion more constructive.
i’ve heard these things so many times it’s made me stop looking at altcoins in general. i’m sure there’s great projects out there... i’m just too tired to hear the same shit echoing over
it’s sad to think that these scammers are systematically robbing people who don’t know what they’re doing, who are most likely new to the space, and now have a negative view on crypto as a whole because of it.
monero explicitly thisallows price talk and has a weekly post where criticism is raised and negative points thiscussed.
go to main coin subs and it is mostly just this too.
which one is the worse? my vote is cardano
lol that’s also basically [this exact post]( on here from a few days ago.
bitcoinmarkets is by far the worst. some of them are absolute wankers who are probably some of the biggest losers you might meet in real life, give me the dogecoin sub over these idiots any day of the week.
also: every shit coin is raising in value beyond any substance. it sure attracts users to shit coins. i even count chia into that category. its a new unproven tech and now 1k...
money well spent these are gorgeous!!
yeah i found this while looking for altcoins. ended up selling and moving on because of how shit the communities are. only a few have aught my attention and i've actually stuck around for. also the ones that think elon musk is the messiah are also cringe and shit coins, most of the time.
so what are the coins that can be talked about here?
here comes everyone from those subreddits to defend their coin
as someone who owns a lot of coin, i've also noticed that nasdaq has written glowing articles on numerous coins over the weekend. seems sus.
my coin has x catch phrase of the day
promises to get tattoos when the coin reaches x price?
every sub, excluding r. this post must be followed by the post about market capitalization. this post is followed by the post stating that the previous post defined mc incorrectly.
idk if i’ll ever understand how you find a decent crypto coin to research and potentially buy in when there’s so much garbage lol still learning! my mind is geared towards the stock market so i’m still working on changing my mindset. might just buy into eth and keep it at that lol
yeah that is why imo all these coins will rise in value because people have latched onto their coin like a sports team, so just pick a coin, invest in it and wait. i'm pretty sure at least all of the coins listed on binance will be a good long haul investment because of this team phenomenon.
the safemoon sub is rough.
can anyone tell this noob if this includes xlm and ada? just started investing in crypto and i have come to realise they do not always represent currency and can be a representation of a share in upgrading he infrastructure and overall qualities of a system or organisation, so i looked into cardano and they seem to have their heads screwed on, was not sure with xlm though that is stellar right? real talk though, if i did not want to invest in piees of btc and eth, what would my best bet for a long term future be? as in which cryptos under 10 dollars per unit would be profitable in 5-10 years time? probably a hard question to answer but i just would like to know if i invested solely into ada and eth 2.0, would i come out having lost overall in 5-10 years or gained? i hear stories about people gaining 120000 on a 1200 buy of shiba inu, so i feel like some of these alt coins have potential to make short term gains.
all of these can be found on one subreddit. pretty sure you're talking about one cryptomoonshot
the upvote system in reddit and social media in general enforce echo chambers and circlejerks. i don’t think thats uniquely a crypto thing though. people like to read stuff that enforces their opinion. the entirety of reddit is like that, even this sub probably is🤷‍♂️
this to the moon thing has is kinda ruining investing . i’m happy people are apparently making money with the *to the moon philosphy* but i can’t get behind buying shit with no future. for example i have friends that are super bullish on xrp, shiba, doge. i just don’t get it. even bitcoin seems shoddy when one mans word can rock its value you 50%. no public stores trade in bitcoin yet here in the states. until bitcoin begins to get used as a currency it should just be regarded as a speculative asset. all the other coins with utility, need to actually be utilized. imagine someone earning dollars and not wanting to spend them because they think the value will go up. **this** is where we are with bitcoin right now, and thats not a currency, thats pretty much tradingcards or gold or something. i believe in btc, ether and some of its derivatives but everything else just seems to exist, to well exist.
12. they are depending on a twitter celebrity to help them go famous. 13. memes making fun of every single cryptocurrency
coin-ism is a real thing.
12. 5 separate posts in a day with regards to the same "good" news just worded differently. eg: "our coin is 99% more energy efficient than btc" "our coin only need 1"
hmm strange, majority of the points seem to apply to the bitcoin community too! 😅😅😅
another i see is that the devs suck at marketing thus keeping the coin from skyrocketing
now try it for shit coin subreddits
sums it up pretty well.
i could have spent 0 hours and told you all this.
my favorite was when someone compared the difficulty of buying the coin to bitcoins in like 2009 hence it was surely the next bitcoin
you forgot the 10x a day post of, "am i too late to buy xxxxxx?" followed by everyone stating how soon the price will 10x. also, you have all the post crying about buying 2 weeks ago and why did xxxx coin fall with the market. starting to see more of those lately.
every coin will be the best in future. it might not have \[feature\] yet but it is definitely coming
12. pushing an exchange to list them,but actualy they only know to trade in binance or coinbase 13. the follower of mooner youtuber promising 0.1 usd one day and become rich af 14. price talk and pipe dream 15. doenst even care to understand blockchain, only focus on the native token. no wonder they accidently sent fund to wrong chain and panik their fund is gone
nah there is one exception cardano let me explain: 1. real utillity nothing like trash bitcoin 2. pos all the way 3. no money left on the bank account and... (checking marketcap) you dont have to worry about me. 4. best team! 5. hell we are top 5 and yes should be 1 6. already half way 7. 250 dollar by the end of 2021 sooo mars it is fuck the moon 8. wich flaws 9. yes 10. staking is the way to mars! 11. no fud here your welcome! note i am not a financial advisor just the only one who knows where you can pick up the moneyzzz.
that’s gonna be a lot of coins in the top 5! how many can there be? (my estimate is 5, but i could be wrong)
most of us agree, but meanwhile they are not part of an echo chamber and feel lucky that they have actually found that that one black horse that is going to top 5.
op you missed. 1. price manupulation. 2. buy the dip. 3. hodl. 4. your ~~bank~~ mom costs more energy than bitcoin. 5. garunteed 20x in next 5 years. oh wait, i am describing this sub.
there’s an evolution to adoption that even btc went through, similar to what these alt coins are going through today. some will make it, some won’t, but every coin starts off in a similar manner and with a similar amount potential as btc once did. the way these coins are thiscussed can play a huge part in determining their successful adoption. i don’t think these coins would be vetted, adopted and used as quickly as they seem to be without this banter, and the associated scrutiny that comes with it. i, for one, am a fan of these subreddits and welcome the natural formats of the thiscussions they produce.
this remember me a lot the subreddit of ravencoin. everybody think that is going to the moon. that sucks
and you think, this sub is different, think again.
its the same for btc. its the same for fad diets. its the same for stocks. same for everything.
when moon? it will hit the moon and all of that. but what in your opinion people should write if they are bullish about some project and they want to spread the word. what informations would you like to hear about unido, for example...
anyone suprised by this?
also no understanding of supply
i'm sick of all the reverse fud. there should be an acronym false pumps and wind blowing
(insert name) is the (dog coin) father. let’s all tweet them.
don’t forget the suicide hotline when prices go down
wow man, it seems you were lucky enough to hit all those future breakthrough coins, you should prolly invest in them! in all seriousness, it isnt sub problem, it is problem with ppl. weak minded ones only like and require patting on the back, while affirming his opinions are smart. any reality check is a hostile threat - erase it. everywhere ppl are drawn to easy things that make them feel good, special. not many can resist. generally i never take advices on buying coins, from its sub. always check downvoted comments, they are usually only ones with real info. crypto sub is good, cause ppl hate each other coins - easy to get info on project weaknesses. all projects xd also never ask in this sub if doge is good investment, piranhias will eat you to bone faster than you can bring name of elo... <gets attacked and only bones remain>
just read from the. scripted please
*team has renounced ownership and is, at the same time, fully doxxed. hosting an ama on (insert date which coincidentally happens just after the rug pull).
nice work. you forgot the jackson pollack of crayola on tradingview, captioned “breakout impending! what do you guys think!?” also the resident lombardi berating everyone “i love this community but you all suck! you leaches think you can just buy the coin and get rich? we’ve got to get out there and spread the word! i made six memes this morning and put flyers up at dairy queen! i got a tattoo on my butt! gonna get it filled in once we hit new ath! the tattoo! what are you doing for the cause!? ra ra! now let’s go out there and win one for the gipper!”
just your typical day in crypto reddit lol... not surprising. everyone only wants to hear what they want to hear.
to be honest, this is sale and marketing 101. yes, reddit is meant as a place to thiscuss but when the entire subreddit is targeting specific topics, it will heavily lean towards the positives with minimal concern over the negatives. they're a place to market their product, doing everything to promote it and everything they can to squash negativity. its why i tend to stay away from focused subreddits. its easier to have thiscussions in unbiased subreddits where the board itself does not have a personal stake in the product. they are fun to visit for a laugh every so often, though.
i learned nothing from this.
also how cult-like they tend to be. i stay out of them.
bonfire token in a nutshell
well, bitcoin is speculative garbage.
i’m not so sure you needed to spend much time in those subbreddits for that.
be careful for fud thisguised as...whatever this is. you thiscredited yourself by failing to thistinguish between meme coins and 'alt-coins' that solve real problems. at this point we need a more accurate definition for alt-coins. just because it is not btc'alt'. there are serious blockchain projects aimed at solving problems in the space - for instance 'dot', which is an interoperability protocol among other things.
they will downvote all of your post when you slap them the truth... learned the hardway.
four hours in hell. that’s what you did. kudus to you taking the plunge and exposing the massive circle jerk that exist in these subs. hello hello hello hello hello hello
i spent a decent amount of time in a couple different coin subs trying to build up enough comment karma to be able to post here...so i guess that is one redeeming quality :)
are those alt coin subs or this sub? that sounds like everything i hear, from anybody, about any coin.
which altcoins' sub-reddits did you check?
as a piece of shit, i can say that prisoners of war are way better than us, regardless of coin.
do you guys think any 1?
you have done your research!
that's why i follow use cases and almost nothing else. some questions i ask myself is: "are people using it? and is the system as a whole integrating it?"
12. at least one new investor complaining the coin did not go up 25% to 100% today and seriously wondering if there are a bunch of evil whales holding the price down so they can accumulate more.
if you went to the shib subreddit i applaud you for not gauging out your eyeballs.
this is pretty much the same wsb'like script that online penny stock pimps were using from about 1994-2008. sadly, this is indicative of too much liquidity chasing too few assets, so con artists create fiction to fill the void. it is the same reason why high end luxury goods did fine during covid as people with excess money - spend it.
\ bitcoin does in fact have no utility at all. store of value without any underlying transactional utility is just greater fool theory. \ pow and pos both have advantages, i think that pos will win due to energy efficiency and scaling advantages \ easy to check activity on github. very few coins is this actually true for, and very easily testable. funding is something you can check. i think this point is true for monero, not true at all for litecoin for example.
people that bought at -0,01 cent that are shouting they are still holding ...
i do not have the echo chamber issue in the subreddit for my altcoin of choice! there needs to be any sort of sound for there to be an echo and the subreddit is practically dead.
i did a quick look at the top 20 alt coins at this point in the cycle last time (late jan 2018) and where they are at today. while btc has gained 215% in that time, only eth, ada, trx, and etc are positive, with ada being the best at +158%. meanwhile, this alt coin collection is averaging a 30% loss in a time when btc tripled. personally, i only hold xmr as an alt because of philosophical reasons and only eth is tempting due to its extreme utility and adoption compared to others. everything else is a shitcoin. will that change in the next 3 years? maybe, but i'm not betting on it.
did the same, most of them are toxic and cult like. have to shout out the cardano sub as think only coin other than bitcoin and ethereum i like.
another protip: for those that think their coin does not have these problems - it is not because your coin is special. it's because it has not been popular enough yet to attract the garbage.
you forgot the the lineee
youtube guy huge following talks charts , he mentioned he has 1400 people paying . he is surly on his feed probably because he’s only making 182,000 a month on subscriptions over 2 million a year. sure if he says by shitcoun x then 1400 people buy the coin it’s going to moon. what a setup, buy coin shill coin sell coin once it goes up 10z and profit
sounds like cardano; i’m all in buy the way.
“it’s the marketing department’s fault.”
"its a really good project". one of my most hated phrases because its so commonly tossed out there while people talking straight through their ass
oh boyyy you have not been on fantom’s reddit or discord then 😂
kinda like religion. everyone thinks theirs is the correct and best one.
i'm just here trying to make some fiat. no affiliations
dfc will be a game changer since their goal is to simplify our transaction with defi product and protocols with their claim all button so fee will not be a problem anymore
lmao this is 100% accurate 😂😂😂
i had to explain something similar to someone on the ada sub, they were like ada is like google and eth is gonna die off like yahoo. i was not thismissive or anything but kinda just sat her.
just like meme coin telegrams 😅
can someone give me a example of a alt coin? i myself got ada, is that considered a alt coin too? im quite new and confused
interesting... because that is exactly what i find in r.
in some subreddits you can even see the mods are deleting all negative comments
imagine the endless possibilities you could have experienced in those four hours
and that is why i as a noob beginner have big problems learning about crypto and the market and the coins,because what i read in the subs kinda does not fit the prices in the market,for the time i have been watching... tough times :)
don't forget, whatever the price is...it is a "gift"
well bitcoin is not that far away from these kind of talks
currently looking at buying some tezos. but i'm not impressed. only thing drawing me in is the 4%+ interest.
wait till crypto tax loops are closed. everyone will be buying art and antiques again.
unfortunate but very true, when i first got into crypto i joined a bunch of alt coin subs to try and learn more about each project but all i got was a big circle jerk in each and i find myself unsubbing from a different one each day. idky i expected anything more lol i guess i was just hoping communities based on such cutting edge technology would have a little more academic rigor backing them. silly me lol at least this sub is pretty consistently unbiased!
what part of this is supposed to be surprising?
i do not know if it is a mixture of desperation or genuinely thinking the project will succeed, however the circle jerking is counter-intuitive and would not influence any traction. partnered with the fact that they go absolutely apeshit if you dare speak against their beloved coin, and everyone will just write it off as another shitcoin. the biggest thing they are all missing is big money investors getting interested in the project, even if it is the best thing on earth it would not ever go anywhere if it does not have media attention. any fluctuations are likely devs's orchestrated attempts at pumping their own coin.
could have told you this without wasting 4 hours
this your first time on reddit brother? every sub is like this, it is not exclusive to crypto. this might surprise you but even this sub is a huge echo chamber too.
every country educates their people how great their country is. i would expect subreddit to be 100x worse.
pretty much true! turns out most of the coins are just as meme as doge 😎
this. spent 30 minutes on safemoon sub last night, tons of accounts less than 3 months old preaching safemoon as the next best thing since sliced bread.
imo pow enables everyone to have cryptos. most newbiews will rather mine crypto as extra earnings than buy coins to stake.
kind of the nice thing about r. so you do not get much of the to the moon shit. mostly just news about governance updates, new adoption and lots of defi.
"and it has a really great community"
xrp and ripple subs are the worst. they ban anyone for questioning the nuances of the crypto. you can be banned for selling the coin. apparently selling xrp is ignorant, despite the fact that the founders have dumped almost every xrp they have ever owned...
i could tell you this in 4 mins.
if you have an issue with uneducated, don’t go to r/.
why can’t people just buy coins they think will go up in price or have utility to meet their needs? there are some coins i just do not understand but if someone does and makes money off it, good for them. i can’t wrap my head around the cult mentality of something that literally doesn’t exist in the first place. some people are driven mad over crypto.
so wait, if my favorite alt coins sub is borderline a hate club for the coin i'm in the clear? phew. edit: does feel good that i have not seen any of these lol.
don't forgot 100 trillion market circulation.
it is all shit coins and cheese dip moonbois but elon will fix everything and china is going to help along with some good utube pumps so fill your bags while the sale is on.
you forgot to sort posts by controversial.
lol or seeing “renounced ownership” “locked liquidity” those are the main ones i’ve been seeing on the typical alt coin shilling. tbh i don’t get why that’s always a good thing. renouncing as a dev means any future improvements you need a new token or you kiss any improvements bye bye. same with lp locked for xyz, you get screwed if liquidity pools move around to new versions etc so it takes workarounds just to get back to where you’re at
you forgot the obligatory, bitcoin was at x and you do not want to be the one to paperhand when it is worth xx,xxx now. i have altcoins and shitcoins do not get me wrong and i am on the corresponding subreddits but i treat them as mainly an echo chamber. oh, also, the like if you're hodling x amount of shares, those karma posts... ugh
don’t suppose you have a list, these coins sound incredible and i really don’t wanna miss buying
that sounds exactly like r
you can apply these points to all crypto subreddits. its all a massive ponzi scheme at the end of the day, aided and abetted by tether. just waiting for it all to eventually come crashing down.
i am pretty sure fucking whales is illegal. they should not talk about it on here. well i guess if they are in international waters there may be no laws against it.
look no further than the recent thread on cz commenting on musk commenting on btc for all these examples :d
also that the dollar is worthless and backed by gold (it isn’t).
for the same reasons, we have two categories - bitcoin & altcoin(s)
i feel like you could have come up with that list without spending 4 hours in the subs.
thoughts on vet, vtho, and xlm?
don't forget... the devs of this coin have \[or\] are working on tight relationships with real players.
> fuck the whales, buy the dip!!! this is the weirdest thing to me. anyone with "whale" status knows how these things work. *whales buy the dip*. if the coin is interesting and you're hearing about it from a self-promoting reddit post, the whales have already heard about it and evaluated it. you can go along in the whale's wake, sure. you are not somehow stopping the whales though.
so how should a novice in crypto sift through all of the noise? where should one go for unbiased dd about a currency that they are considered to invest in?
i'm staying well clear of the moonshot subredit for this very reason. packed full of scams and bots upvoting everything to the moon.
the worst one is ethereum
why waste 4 hours? you could’ve just asked.
to the moon🚀 & when’s lambo?
nice summary, looks about right.
one of these subs is going to be right about all of these things one day
i believe they are just as optimistic as you were about bitcoin when it first began. don’t knock them for doing the same thing. this goes for everyone else. aside from scammers.
spend 30 seconds in cryptomoonshots. the fomo sales pitches are non-stop.
you do realize this is exactly like this sub here, right?
so 4 hours is a considerable amount of time now?
oh i came here to find some important, useful information on how to make fast money, and found spew spew crap text. and if in case this was one of those "complain" posts, then, my bad, i agree.
is this muthafudda calling our shitcoins shit coins?
and they all think they are unique lol
reminds me of my 20 min on cucoin or whatever it’s name. it’s 100 quadrillion cap, and people were hyped for it xd also, i always click on the posters names and check their history, it’s always on that sub!!
so basically the entire crypto community
yes, everyones bag is the best bag, duh.
12. when the company, you'd think the coin flipped btc by the way they celebrate it
only a handful of coins would i invest in (<10). even then i took my funds out this morning and will buy back in when btc stabilizes, my best guess is low 30s upper 20s. i’d like to see things level off but i’m not sure that’s possible with all the growth but a further correction for sure is possible and likely i think.
no one realises blockchain and thistributed lesger technology doesnt actually need a ‘crypto coin’.
fantastic post, i found the same and quickly became thisillusioned in the altcoins that i thought were any good cause the communities refuse to acknowledge the shortcomings and work on them. figured i'll just stick to btc and eth and sooner save myself hours of research which sucks cause some of these coins have great utility but the community refuses to acknowledge that the best ideas are not always the ones that succeed.
hah this is gold well done 👏🏻agreed on all points. even people really thinking dogecoin can replace the worlds money system only because of a moron hyping it 🤦🏻‍♂️
op had to spend most of his time in the stellar sub reddit
okay but if you took out “8”, you could probably post this on an alt coin sub and get upvoted. like a lot
you forgot dogecoin: memes... memes everywhere.
isn't everyone getting a "lambo"?
which subs were you in? what's the purpose of your post other than to shit on other people? and you could not find one positive thing to say about any of these subs? i feel like every post on this sub are condescending, jaded, assholes, who have nothing positive to say.
oh boy, i tried to make a post on one of the shitcoin subs and just seeing the flairs made me laugh. the only options for a post were positive stuff, there was no flair for doubts and criticism and my post got deleted instantly. i’ll just stick to this one sub f the rest.
bitcoin is shit... it is not even anonymous or stable
ok i’m glad that my altcoin’s subreddit is just some monkeys throwing banana at each other
can't wait to start seeing reddit talk about the us fed creating their own. or so i've been hearing.
good share =) the ironic part is that data shows that in the latest dip it was whales who bought the dip. while new, small and weak hands were the ones who caused the over selling,
number 3 is bagholding
how do the fud accounts get through when criticism is downvoted to oblivion?
idk, you might be exclusively visiting shitcoin subs, this altcoin does not take kindly to moonboys, no one talks about the price, everyone is too busy asking how to utilize the platform it provides and updates are just another peice of good news to solidify people's confidence in it. take a look for yourself. r
this sums up pretty much everything i believe in
something something invest in shiba is all i heard. best team around guys
every thing listed here i've seen in every crypto sub. btc, eth, ada, hoge, unsafemoonshiba, etc, etc.
did any of them talk about china?
protip: keep buying into the hype then when there is a slight dip sell everything. rinse and repeat.
new user comes into subreddit for x coin and posts thread "is it a good time to buy x coin?" and most of the comments are just "yes"
it's almost like crypto currencies were scams...
>daily price prediction posts where op states how early everyone is, like bitcoin in 2009 early. to the moon!!! 🚀🚀🚀🚀 these people need to be reminded that bitcoin does not even have a price in 2009. if anything is that early then they would not even have heard about it.
nah but shiba is actually gonna work. who know's maybe i'll even give you a job after i hit the billionaires club, n3rd .
like any sub on any subject, not only altcoins... confirmation bias
you forgot - "we are in this together, hodl for generations hopefully my kids will ask me how i became this rich"
no cult bigger than bitcoin
you only forgot one thing. "all the devs are doxxed already so you can definitely trust that they would not run with your money!!1!"
wow 4 hours? here, let me give you more good boy stickers!
the shear amount of hodl post are freaking annoying. bought doge at .46 and have people who bought at .003 telling me to hodl. fuck outta here.
the only thing more annoying than the alt coin sub reddits are the posts complaining about them.
so... exactly like this sub...?
dude i spend 14 hours every day on this shit and one thing i tell you is that 99% of posts is worthless garbage and memes but that 1% of posts redeem them all.
desperation always breeds cults
and dont forget twitter bots that litterally pay people to upvote their posts on reddit
charts that only show ta with a bullish bias
lol it took you 4 hours to figure that out?
after this dogecoin insanity i cant imagine what is next. no cap nonsupported coin going up that much is just broken.
no way this took 4 hours
so, what’s this coin you keep mentioning?
i still think it is genuinely amazing how people say exactly the same things everywhere, on every crypto group, often trying to show themselves like some kind of self-confident *connoisseur*. yeah, you can say it about altcoins and it will still be true, but holy smokes, every time i see posts against altcoin groups it feels like a cheap bitcoin lobby writing the post. every single post like this one i've seen on many different subreddits of both btc and altcoins smells like hypocrisy so bad. warning people about the risks of cryptocurrency anywhere is good, and guiding and recommending people to learn before gambling on it should be a must for everyone of us. but once that is done, just let people *play the investing thing* however they want, and motivate themselves however they like. just stop the "heh, those stupid dreamers of easy money" thing when almost everyone is doing that in a major or minor scale.
at first i kinda chuckled at the 'meme-i-ness' of crypto subs and groups. now, terms like "hodl" and "to the moon" just makes me roll my eyes. i can appreciate being excited about something you're convinced is meaningful or valuable, but man, some of these groups are just obnoxiously tunnel-visioned.
who would subject themselves to such torture? nice work, op. i’ll stick with my biases here, thank you.
dude that is exactly this sub
it really sucks all these coin subreddits think this way. in reality, it is really my coin's subreddit that nails all of these 😂
it's hilarious how many altcoins think they can be bitcoin. poor souls are not gonna make it
i'm confused. are we talking about this sub-reddit or the altcoins? seems the same to me!
curious which coin-subs you've (not) been reading and curious what is the point you're making? and to whom it may concern: the coin-sub i frequently visit does not have all the 'common things' this poster found, except for this general crypto-sub.
well at least they did not buy something that costs tens of thousands of dollars when they can purchase something that does the same thing cheaper
so confirmation bias in every sub including this one on reddit. a known echo chamber. shocker.
you forgot the “not financial advice” posts
doxxed team to the moon!!
so what are the best alt coins out there? i'm in mostly ethereum and a little bitcoin. i heard of cardano, moonsafe, and nano. which one has the best tech?
all currencies need to be usable by consumers for the purchase of goods and services. if you cannot do that with a currency, the only point of it is to artificially raise the price for initial investors to get rich on. how these are not classified as pyramid schemes is beyond me.
big one you see is also how the coin's value and that it will start a chain reaction destroying all the banks and then we'll get to quit our jobs.
prisoners of war > pieces of sh\*t? haha ' i do not know what those acronyms mean and i keep reading them like that
> how the coin would bring financial freedom from evil central banks and would rebuild the financial system from scratch. this one always gets me no, this is not happening because of any coin, you think the giants are going to sit idly and watch everything fall apart because it is tougher to track crypto? hell no they would not
random ceo momentarily glanced in what might possibly be considered the general direction of this coin!
exactly why i love crypto. so many amazing shit coins.
i created a crypto custom feed with like 40 communities on it. yeah it’s pretty obvious that everyone shills super hard. kinda makes me feel dumb for believing in any of them
how can you be an armchair quarterback without making any calls?
you should make a starter pack for this
so you're talking abt us? proud
lol no offence but this is low effort. after i read the title i thought there’s going to be real insight.
the amount of bots is staggering.
and is this sub any different? they pretty much pick 2-3 coins to worship and then that shapes the entire subreddit.
you missed how the comments are riddled with bots-4 people
the really nice thing about crypto subreddits is that you get notified when something big happens so you can do absolutely nothing and just hodl with your smooth brain like everyone else does
spend some time in . everyone fucking hates chia.
cult talk in every sub. all have their beer goggles on. drinking that kool aid!!!
a decentralized ponzi scheme
of course they shill the shit out of their project. but if you really want the holy grail of crypto, you should follow me and i will reveal it to you via pm!! forget about cumrocket and nakedwiener coin. i present you secretcoin. don't tell anybody about it. it has the most value if you do not know it. sounds confusing because it is! but do not worry. as soon as we hit mass adoption you want feel a thing, because nothing changes!!! 🚀🚀🚀
i see, you do not want to get rich quick. that's ok.
dude, don’t talk about the ~~bitcoin~~ ~~ethereum~~ crypto currency sub like that.
story of every stock, currency, and commodity too...
literally every crypto sub. don’t forget the giveaways of millions of coins that amount to like
so is anybody going to play “name that subreddit?”
i fucked around and bought some crypto yesterday
from my window, this lack of critical thinking, the "fan" mind, the ilusion of a magical tech of cryptos and the financial circumstances (biden plans) are building a huge bubble on cryptos.
buy a little here, a little there, diversify, have different kinds of currency, so you have assets. not that complicated.
(crypto) rebellions are based on hope(ium)!
you had me until . i’m in amp more on tg than reddit, i don’t think i’ve seen that once. to me it’s a bogus “selling point” of ghost author team of btc - human nature is what it is, crypto isn’t saving humanity. we may improve things, crypto can help but not a garden of eden - look at all the rugs & nonsense. whales are generally respected, the issues and flaws of coins. new people are welcomed and it is recognized that people have various reasons to need to sell, that said “diamond hands” 👋💎✊are celebrated. those who can sell and buy back cheaper or swing trade with another coin are typically admired with a fine line between bragging and sharing ... that said, it is great you spent the time in these groups. i have wondered the same. i have a general concern that we may have overvalued many promising or dubious projects just like 1999 tech (i’m late 50s boomer 💥😬) but i’m reminded that there are a lot of barriers to entry in crypto for lack of better words, for “normies” “boomers” “risk adverse” “institutions” - so i think most top 300 coins will be profitable and a few 🌝 moon shots. in amp tg more than once i have heard “i hope we are not all in an echo chamber” people who can frame their fud with specifics are accepted, if they are constant doomsayers, why are they there? of course this does create coin bias ... so caution and understanding competition from other coins or conventional systems is super warranted.
thank you for your sacrifice.
so what you're saying is to invest in all of them?
i don’t think there’s anything to gain by bashing people for liking a new coin if they’ve done their own research. none of us can truly know what the market landscape is going to be five years down the road. let people have some hope for their investments.
so the zero intrinsic value of bitcoin is worth more than the zero intrinsic value of other coins? got it.
yeah the irony is not lost on this one when this sub is like this.
could someone explain why ark invest is so bullish on crypto?
we should all collectively abstain from all crypto subs for 2 years. the world will be a better place.
don't forget about the fact the coin has "a fair thistribution" (and vague accusations of another chain being "pre-mined") which means the creators just missed out whatever popular coin had a nice price spike.
r: “i’m not like the other ~~girls~~ subs”
as a holder of btt this couldn’t be more true. i personally think btfs has a great use. but justin sun is a scumbag and has horrible personality. btt’s marketing is aids and has nothing going for it right now. i do think it’s valued correctly for how many coins it has. but i think it will go to at least .50 in the next 3 years. but anyone who is invested in altcoins and not bitcoin is a dumbass imo. bitcoin is king and doesn’t need a use case. it’s usecase is making and preserving money.
yeah but my alt coins will actually be successful
you obviously missed all the fud posts on the subs you visited.
strange. one subreddit of an alt-coin i have is filled with people constantly complaining about bugs and being terrified about its inflation. it's still in the top 50 by marketcap though.
what were the 15 you checked?
honestly also this sub feels like this. i even got messages from some usere that i’m stupid that i sold my coins after up to 4 years hodl. somhow it feels only hodl ad buy the dip is accepted
1 ban = 1 ban
what % of you spend your coins vs hold as investment?
if you really think bitcoin will never be passed your delusional... just like the light bulb was invented... things change.
they all took their cues from the bitcoin sub, which does literally, exactly the same things, only worse.
happens when there is lack of knowledge and cognitive thissonance reduction.
a collection of logical fallacies, though there have already been a lot of these it may help putting it in a language people here can relate to. at least i hope.
a lot coin specific subs are echo chambers for delusional maximalists. is xrp going to be worth more than bitcoin in 5 years? highly unlikely, yet that’s what seems to be the consensus among the xrp army. will you go to sleep one day and link is worth , and by the time you wake up it’s ? no, but that’s basically the link marine line of thinking (also, no, sorry link marines, but link isn’t the arbitrum token). these subs can be good for getting news before it’s widely circulated, but everything you read there should be taken with a grain of salt, as the news is filtered through a very biased lens which basically asks “how is this bullish for my favorite coin?” and of course there are dozens of possible interpretations that make the news seem bullish. in the end, realize that the only way for a token to go up is for demand to go up. that’s the primary job of these subs: make demand go up for their investment. that doesn’t necessarily mean it’s a good investment for you though.
thats why i prefer sports subreddits, they have all these things but also post some memes trolling the fuck out of their own players...
there is alot of criticism in the cardano sub. but newer members post a lot of the stuff you mentioned.
to each their own. but if someone expects me to buy bitcoin, is that not just the same thing as people shilling shitcoins? what if bitcoin stagnates as shitcoins get better and better thanks to advancing tech and tokenomics? bitcoin was first to market, has a volume limit, and whatever else. some positives, yeah. and i'm not hating on btc. just taking an unbiased approach. the tech world moves forward quickly. bitcoin is behind the tech of new coins. the argument of "being green" comes up. mining is an insane power drain, where miners get almost nothing vs their power usage. it also fucks up the gpu market. but some new altcoins release the entire supply into the contract immediately, so mining is non-existent. there's pros and cons to bitcoin and shitcoins. but naturally, some shitcoins do things better than bitcoin, purely because they can make use of new tech and tokenomics. bitcoin's strongest trait is that it was first to market. no other coin can ever take that title away from btc. but if btc came out now it would be a 100% shitcoin. aside from first to market, it is not really doing things better than other coins. and with so many people going to altcoins that have big projects planned (ada, xrp, etc), i believe we will see less people invest in btc. i see investing in btc as a risk like any other. nothing guarantees that it will be worth more in 10 years, especially as people put their money into more productive. now do not take this as me defending all altcoins. there are some absolute garbage ones out there. but there are some great ones, doing great things. and btc has nothing to step up to the plate with.
you telling me “useless token” is useless?
this is crypto. and this is sports. and this is politics. and this is restaurants. and this is...
literally any sub , including this lol
just tell us what subs you visited
can somebody tell me which altcoins beside cardano are claiming to be the new internet?
this is scary but we all know that
i follow a "to the moon sub" mainly due to being to lazy to unsub. i feel like 85% of the posts are paid for promoting. if you look at the accounts it posts non stop "to the moon" on every altcoin posted there. the rest are the dopey fuckers who buy into it.
bnbtrader is the worst, probably
i would add the ridiculous "when i'm rich" posts
you did a great job kudos. thanks to you now i now about all altcoin sub-reddits
sounds equally like r
meanwhile doge has risen 725%. if only shiba did the same
12. buy large amount of vechain now while the coin is cheap 👍🚀🚀🚀🚀🚀😂
typicalll for a p&d or a rugpull scheme is also to motivate to urgebt buy with false promises. if it urges you to pull a friend or family to buy it too, that is in my perpective a line crossed. if it in anyway encourages to make advertisement for it, that is probably a scheme too. a good coin would inform more than promote.
i remember how these subreddits crept up in 2017 bullrun and became inactive throughout bearish phase. the same thing is back again, feels like a deja vu
think it just comes down to human nature. any endeavor, the real negatives come out, and ruin a portion of everything. crypto definitely attracts that, even. wish there was more accountability. i feel like an underrated quality of successful people in crypto is the ability to filter the bullshit out. and it is easy for some people (key word some) to filter out the obvious scams and shills. but there is a whole spectrum of bullshit. the less obvious shilly posts at a glance, complete useless comments to navigate around to get to the goods, etc.
the only coin that good is cardano.
not your keys, not your coin 🤷🏻‍♂️
which coin subreddits did you look at?
you forgot 700 subreddit rules or 3 vague two word rules that allow the mods to delete or ban anything to control their crazy narrative. reddit posting rules 1. be nice 2. positive first
you described gme, amc, btc, doge, and anything else that has gotten memeworthy status in the past few months.
you are all getting banned
sounds like bitcoin circa 2009. and every other crypto project in the last ~13 years, successful or not.
the religious fervor over all the ways crypto will change the world and fix the greed of a broken system cracks me up. don't get me wrong, a lot of the theories have merit: code-is-law and the smart contract may really lessen the dependence on the force of the nation state. but the criminal element always finds a way and power will forever seek power. but that not even my real beef. i do not buy for a second that idealism drives all these crypto-bros to be so passionate. even if it was strictly chaotic neutral they would still back it just as hard, because for once they are on the top of the heap. the possible benefits are just a bonus tacked on to sway mainstream media. or something
feels like all of them are made by the same pump and dump teams, trying to sucker in young people with fomo.
why do not you all just eat the biscuit and be done already?
oh no...elon is tweeting.
also do not you find it odd that none of them tell you what kind of dip to buy? am i just supposed to know?
that's the kind of thinking we need to do what we do
most coins communities feel cultish, so i think the key is to research the underlying technology as best as you can, compare it with your vision of defi, and then diversify into just a few coins you understand and think will best fit into the future of a decentralized digital economy from the perspectives of security, ease of use, fungibility, and overall development quality. it’s difficult. personally, i’ve split my crypto investments between cardano and algorand… but i’m not all in on anything and i take their communities with a grain of salt. i like the speed and energy efficiency of those blockchain, i like proof of stake, i see immense potential for smart contracts, and both are doing reasonably well to partner outside of the crypto space. i love algorand’s wallet app too. both communities are a bit cultish frankly, though not any more or less so than any other crypto subreddit. i’m not all in on crypto anyways. i max out my ira in a total stock market mutual fund, i passively dollar cost average into a generally static portfolio with stocks i’m super long on like microsoft, and then i set aside like, 5% to fuck around with and buy some gamestop and space stocks. i have cash emergency savings. like, i immediately thisregard the judgment of anybody who says they are all in on any specific crypto.
o wow you are almost becoming self aware. every cult member reading this please cash out before you cannot anymore. don't listen to the shills on youtube that have probably already cashed out and are just doing it for ad revenue
what’s the best coin to buy?
basically crypto coins are turning into cults. and also turning into get rich quick schemes, a lot of these alt coins at mlm’s, aka crypto mlm, don’t invest!
you forgot the: buy this t-shirt, hat, or other garbage with the alt coin logo.
eh, i wouldn't call uncertainty and doubt regarding some scammy shitcoins to be a "fud" account.
ha ha, too true!
changing a couple of words, and it sounds like a religious sect!
i like the cult i'm in because they get my dark souls, rocket league, and anime jokes.
nothing surprising here. so people who all believe in a project talk big about the project. sure most will fail, but one of them may be the next big thing. the current top 10 all started somewhere.
there's that. :) sounds right for sure.
find what resonates with you and stick with it
yo join my cult! it's the best cult. not like these other loser cults. these other loser cults pretend to know a thing or two. they know nothing. my cult knows three things. numbers do not lie. three is greater than zero. you do the math.
that’s great man! you saved me the trouble. if i had any gifts i’d give them to you. much appreciated
"this is the best community on reddit"
cut to the chase that is all crypto communities. why are you suggesting its otherwise?
yup. it seems to only be this bad during a bull market. long bear market produced more rational dialogue.
the only coin i see that might surpass btc in a reasonnably near future is -unsurprisingly to anyone- eth2.
could you tell us what alt subs you looked at?
soooo 2013 all over again?
so then, this sub in regards to algoland?
i see a lot of myself in some of these - so what’s the answer for a good investment spread? pick a few and hope you’re right?
95% of people are in crypto to make money, so makes sense. only a small percentage are here for use cases and innovation.
don't forget the "i am giving away 189,000,000,000 superawsomewafieucoin4269! upvote for entry"
it’s the hope that ppl have from these coins, don’t bash ppl. fuck the rich
that sounds like here...lol
i like generalised thiscussion on crypto vs subs. i’m interested in what makes each have promise. crypto is the future for non government abused assets. it’s surprising which crypto gets buoyant prices to me considering functions of particular coins. privacy coins are investors kryptonite for example. presumably from a desire to avoid claims of fraud. yet privacy coins are the most anti gov ones out there. you can pretty much guarantee any investments in crypto will outperform any stocks. so yes every sub has a vested interest to encourage hodling and hype. it’s a necessary evil.
just another shitcoin that nobody has heard about.
people still talk about pow, and their erc20 token is going to be the best coin because some guy in twitter said so. *laughs while feeling 🥦🥦🥦*
buy and the top, sell the dip ha ha
i also belong to quite a few coin subreddits. i find the algo pages pretty honest, they sometimes give very honest and informative comparisons with other coins. of course, they have their cheer leaders as well, but i see that as morale for the troops.
they art eediots (unless it is chainlink forum, then they art right)
sounds like the .com bubble. a bunch of companies that made no money on their own and only existed due to outside investment. each was the next big thing!
so you are telling me time well spent??
this doesn’t happen with telcoin
spot on! dealing with the children in r’m drinking but otherwise i’ll stick to twitter where there’s at least more intelligent conversations than there.
we copy, we lie (to ourselves and others), bloat, gloat, joke, fuck and smile away as we do it... you have basically proven humans to be humans 😉 every cult works the same way. even corporations like fifa operate as a family. that's basic human nature. it would be funny, if it weren't sad and dangerous in some areas...
it started out as a joke but these people are actually serious.
don’t forget it has built in charity!!!!!! 🤩🤩🤩🤩🤩🎉🎉🎉🎉🎉🎉🎉 to the moon
oh any time you make a statement of fact that someone does not agree with, you're "spreading fud." it's absurd. i was in an altcoin subreddit, i cannot even remember which one, it does not matter, and people were thiscussing accusations that their coin was a ponzi scheme. a few people are in there saying, "it's not a ponzi scheme, i made money." all i said was "that does not make it not a ponzi scheme. i do not know if it is a ponzi scheme or not, but people always make money in a ponzi scheme until it falls apart. that is not an argument that it is not a ponzi scheme." and i was accused of "spreading fud." like sorry you cannot handle facts bro. oh here's another good one too: people who don't know that ponzi schemes and pyramid schemes are not one and the same. oh, and highly technical thiscussions that are way over my head devolving rapidly into raunchy jokes. every time. it's one of the things i love about reddit, actually.
i love you and this post. all the other posts are shit and that one to the moon lmao
i detect no lies
>all the flaws in the coin are suppressed while the breakthroughs are celebrated sounds like this sub with the general concept of crypto. the tech is so awesome and futuristic! how will we use it? um...
yeah. bitcoin has a lot of that hysteria too. all crypto does. reminds me of gme dorks etc etc.
zilliqa has the most potential by far 😂😂
only thing to add is everything is part of an “army”. that extends well beyond crypto now.
so you all do not know shit and are all biased? we know already
shilling at its best
who cares? just buy crypto and put it in cold storage.
"and i conclude that ~20 minutes per coin is not really anything to base any amount if research off of"
im in! where do i buy it?
i noticed icp people are kind of the worst. they say it will kill 99% of all coins.
come to . it’s refreshing to be in a place with people who actually know the technicals on how the coin works on a protocol level, and openly thiscuss altcoins and shortcomings and how to fix them. but yeah it’s ridiculously undervalued considering it is being actually used widely and not just speculative about what it could do one day. and bitcoin is garbage. so that holds up.
this is why i only buy tesla stock!
for the masses it really seems like a religion and that really scares me. i see a bunch of "preach" "facts" "100" "fuck elon" "buy the dip" "btc to 75k by the end of the week" but not many really seem to know what they are talking about. there are many that have have well working the defi system moving coins and tokens around but really it is just gambling. it's easy to make money when everything just goes up! generally i do think crypto tech will change the world, but i do not really see how that is going to play out from the current state. i'm very skeptical of all the shitcoins, even those that have large market caps. it's unsustainable.
. the token is spiralling downwards for sometime now yet the cult is still filled with shining hope in their hearts.
so basically alt coins turned into this generations beanie babies.
i’m subscribed to a couple different coin threads and have noticed this too. but i notice how each thread they always think they are supporting “the best” coin out of all the cryptos. lol
i am curious what the 15 alt coin subs were.
check the wownero sub.
before the wsb crowd hit this sub we hated doge , but now if your say anything negative about it you get down voted.
i joined countless crypto subreddits, and it was at first to learn more about the coin, but after a while it became more interesting to see the social dynamics at play and how they differ from subreddit to subreddit. there is one crypto subreddit that i found to be the least cult like based on the number of down-votes to any contrary opinion on posts and comments in the last month, and one that was the most cult like. yes this a small sample and one month may not thisplay capture the behavior of the group, but still. of course, it would be interesting to collect data more systematically and establish a better clear and measurable definition of “cult-like”, but still interesting. i actually noticed these dynamics with programming language subreddits, though i only started collecting for cryptocurrency ones, and i’m not a psychologist but it would be interesting to develop a theory as to why this occurs in tech where two or more solutions exist to the same or similar problem (another tricky experiment to design).
sounds like great advise. all altcoins will rise with bitcoin. choose your favorite and run with it.
probably the same idiot behind all of these pyramid schemes setting up bots on all subreddit for all his shitcoins and then just watch the money flow into his pockets, i must say this us better than btc(for him)
i have an unpopular opinion. nothing beats something physical you can own, hold in your hand and put in your safe like silver and gold. it has been, after all, a currency for 5,000 years. fiat? not so much. that being said, i do believe in investing in crypto and hope over time, my small investment will grow as large for me as those who invested in 2009. currently, my cryptos are down by about 50%. at one point, i had seen a gain of almost 90% of my investment. as an old guy who is skeptical on this new form of "currency" that is less than 20 years old, i question, is it a ponzi scheme? a lottery ticket? an investment? a placeholder of value for real money? will the federal reserve outlaw competing cryptos with the new u.s,a. digital dollar? why do i have to pay capitol gains on my crypto money every time i sell, move or use? time will tell and diversification is key to successful investing. and yes, i hodl and bought the dip, just for giggles. have a great day.
come join xbc bitcoin plus... the og of the tish coins.
i try to own as many different coins as possible because of your list. suppresses my inner cultiness and bias, while driving an overwhelming yearning for mass adoption.
partnerships! always many big partnerships, sometimes on nda so they cannot tell yet but "wait 'til you see"!
they are all trash.
op: “is it too late to buy? response with upvotes: “no you’re still early, imagine how many people still don’t know about this”
they all think the miners are moving to their coin in a few months when eth becomes to hard
you forgot the part where dogecoin is literally name dropped in every sub ever, even if it’s not about dogecoin. dogecoin this, dogecoin that. or a meme ranting about dogecoin.
shut up and drop the contract bruh, i know you’re selling me something with that list of things
coin market and coin gecko listing coming soon!
if you're interested in something a little different. check out r. no bullshit about mooning etc.
12. people trying to be nice. 13. people complaining about people that make comments just to be nice. 14. people making random comments bc they got nothing better to do atm since they are just taking a shit...
people posting photo shopped screenshots showing the millions and millions of the coin they own.
did you analyze r? just curious. could you let us know or dm me which subreddits you "analyzed"? i'm curious. thank you. :)
i think it is because most of the coins are speculative at this point of time...waiting for mass adoption (if it ever comes...)
sounds like you went to shitcoin subs
polygon matic could be the future
these sound like great projects! will you share the 15 alt-coins? i want in
i say fuck em all im just here to make money and pay some god damn bills
altcoins subs are honestly just echo chambers giving people the confirmation bias they need to buy more shitcoins
which altcoin sub seemed the most mature?
exactly why i do not read these anymore.
the crazy thing is. you could probably invest in in shitcoin that has a good development team that would not abandon the product and still make a ton of money.
op, i believe that you will come to the same conclusions if you abstract this investigation to social media in general. just replace the text in each point, and you will have common expressions, beliefs, and feelings about x, in group. the real question is, what do we do with this information? :p
i bet coinbase made more than that on fees
any promised features are, “right around the corner just wait”
coins with dogs on the icon cant lose value
dont forget that the coin's price is 0.00000000000000001 so when it inevitably gets to 50k like bitcoin, you will be the richest man in the world
what other subs use crypto? i am new to this.
hodl! if you take profit, you are weak paper hand
you obviously did not visit the chia subreddit. most people there shit on the coin and the devs for not releasing pools sooner.
most of these coins prices are because of hype. the hype the more people the higher the price sometimes tend to be.
took me a couple of days of subconsciously chewing on it, but another one just bubbled to the surface of my mind: > **this** *(some vague news item from finance)* **is good for** *[whatever coin is being echo-chamber'd]*.
i think you missed doge... >3. atleast one post of someone going all in on the coin stating it to be the next best thing right after the internet. i doubt anyone in r. >4. the team behind the subreddit is coin is the best team in all of crypto and they have the best funding, best track record, precise development schedule, bug fixes and frequent social engagement. only thing that is correct here is social engagement. rest meh. >5. the coin is the most undervalued project and deserves to be in the top 5, hell it should even surpass the marketcap of bitcoin, people are just waiting for mass market adoption! top 5, been there done that. there are die hard believers that think doge can surpass twice the mc of btc. and reach , and by all means let them think that. imo it has potentiale to hit the same mc as btc and reach , but that wont happen in a long time. >6. how the coin would bring financial freedom from evil central banks and would rebuild the financial system from scratch. you know it 😅 >7. daily price prediction posts where op states how early everyone is, like bitcoin in 2009 early. to the moon!!! 🚀🚀🚀🚀 kinda the definition of dogecoin >8. all the flaws in the coin are suppressed while the breakthroughs are celebrated: if op even mentions any kind of concern, the post is downvoted to oblivion. on the other hand, any good news on the coin is reacted with, "finally the sleeping giant is waking up!!" people in there does speak from their heart, and it used to be a decent place to air concerns, but due to the increase of newcomers there have been alot of hate lately. hopefully that'll change. >9. fuck the whales, buy the dip!!! 10. new people are asked to buy and hodl. 11. fud accounts present on the sub only talk negatively about the coin like any other sub, even this sub has them. so that is not solely related for alt coins.
and yet a bunch of them jumped over 1000% hate to tell you op. you are experienceing fomo lol. thatd be why you spent 4 hours on alt coin subs 🤣 you're right though... you'll make maybe 2 or 3x your money in a few years if you are lucky. have fun with your savings acct.
i'm glad i dodged all those shitcoins and chose shib instead. we are going to the moon!
doge here, you coulda just said “all alt coins suck” and still come to the same conclusion. stay salty, my friends.
i think litecoin sub is the most cringe of them. really, if there is something that just mention litecoin , like " btc and litecoin crash" they say " we are on the news they know us ,to the moonnnnnn".
so when lambo:d? there is a few sub´s where you can find people talking about real problems ant real concerns, but mostly it looks like group therapies:d (even through you can find some useful info and opinions there...just follow simple rule "do not marry a coin" )
btc is speculative garbage though.
op would have had some different observations on r
r’t even permit price thiscussion
crypto is really a joke. it's not useful, has no purpose. all it exists for is to make a few people wealthy at the expense of others. and only if you got in early before the real suckers.
you forgot to mention sleeping giant
what is with this sub-reddit always talking shit about other sub-reddits, coins, and trying to be big daddy advice lmfao do you really think r? you think this sub is not the exact same echo chamber? get your head out of your ass, this is crypto currency not politics. let people make their own choices. this is the ideal behind crypto and blockchain technology. so please shut the fuck up and mind your own business. if you do not like the other subs then don't go there. do you think you are some robinhood "investigating" shit coin subs? guess what, if i want to yolo my life savings into vagina coin, i will and your opinion does not matter at all. fuck you and have a nice day.
people are greedy and stupid with 0 dyor. i will see many rekts past this year. i'm happy sitting on my usdt and shib bag rn.
youve spent 4hrs, most of us have spent 4 years. most coins are utter garbage. all the holders will find this out sooner or later. bitcoin is going to win, but the people that get sucked into these other coins just can’t accept the fact that they didn’t get in early and that their coin is a pipe dream, created by people who just want to have you put your money in so they can get their money out. these types of coins are complete inflating the crypto space. everyone talks about how bad fiat is for money printing and inflation. but we need to be realistic here in understanding that crypto is inflated by huge amounts every day. every shitcoin, scam, new project that comes out directs new money and old money away from the top solid projects and keeps these projects from going absolutely parabolic. if all these dog coins weren’t popping up everywhere bitcoin might already be at . if there weren’t 10 different forks of bitcoin with each one having their community stupidly claiming to be the real bitcoin(dudes you stupid coin doesn’t have the ticker btc, get over yourselves). the crypto space is inflated, and greed is powering it. get the fuck in bitcoin, ethereum, and choose a few others from the top 10 and stop blowing your money on absolute garbage. (not talking to op, nice job op in doing some research)
fiat is the biggest cult in history. it has not been pegged to anything since the early 70's yet most people that use it think it has value. you are given fiat based on your production yet governments can easily devalue your hard earn fiat with a switch of a money printer. the current system is fucked so that is why people are starting to believe in other currencies as payment. all money is bullshit
it's like the trump approach. build up the product that both the pushers of, and anyone with a reasonable idea of how things work; know are all fabricated with high level baseless claims
tbh, this type of thing is why i sold all of my b a dogecoin today.
honestly every crypto sub feels like a cult.
sub is different!** ![gif](emoteemo_pack_1dancing_wojak)
inception style echo chambers
yeah 6. is really common
...then is not enough unmet demand for a sub critical of coins? i do not think any coin today has solved all the known challenges. it would be great to have a sub that talked about possible new solutions. ...or maybe reddit just is not the place for that.
skimming through the comments on any post to the doge sub makes me empathize with serial killers on a pretty alarming level
surprised this comment wasn’t silently removed
this sub to the moon!
for example saying eth is usrless at the moment
was going to say the same, lol.
this sub is not about one coin. it's about crypto in general. this sub is much better
i think you mean to say every central bank.
yea exept we get payed in moons for it 🌚🌝
i wish it was a place to gather and thiscuss the future with more open mindedness and less about how to avoid fud or don’t invest more than you can lose. but true oc expression and explanations are super rare on this sub though i’ve seen it :) i love you guys
thank you. everyone here talking about how much other subs talk about elon, but i literally see more shit about elon here than anywhere else. this sub is pathetic at this point and is a bad look for people interested in getting into crypto.
thank you for saying this... holy shit. i am so tired of the moral superiority of this subreddit.
”if i say it loud enough it will become true!”
welcome to the shitshow, from what i hear. nobody here knows shit about fuck 😒
\*insert spiderman clone meme\*
they probably looked at the bitcoin subreddit from the a few years ago to see how they did it. “fake it til you make it” - share and boost as many fluff articles and thiscussions as possible hoping the reddit algorithm signal boosts the hype and you don’t lose the money you invested
what does doxxed devs even mean?
i love how everyone thinks elon trashing bitcoin boosts their altcoin. despite most of them just following bitcoin market movement.
when the environmental spectacle happened, i made a little list of every coin that immediately shilled themselves to him
> every pos altcoin sub - he is talking about us, pack your bags for the moon. ha! yeah, i remember this. literally every 3rd gen crypto sub (cardano, tezos, solana, algorand etc) were all like making infographics and shit to send to papi elon. god.
this is very true for the coins i follow. and the whole gamestop saga.
even fucking r’s tweet about energy consumption was for them
im not into alt coins but they have some valid points. in terms of a payment option that the whole world is supposed to adopt btc is not a good option at all and has many downsides. some alt coins do solve this issue but the nature of the solutions means the value will never moon. ( policies on releasing extra coins when needed) they have wrong expectations in that sense.
i got banned from the bitcoin subreddit for bringing up ethereum when someone was talking about solutions to mining. i did not know it was a sin, no wonder i never see anyone talk about any other coins there. they called it shilling. i do not have any fucking stakes in it, why would i care to shill shit.
this sub is also an echo chamber often. what are the best advice from this sub?
exactly. i'm invested in amc (obviously not crypto) and on the subs for that it is impossible to get into a conversation about any potential problems, because you're just called a shill and you're downvoted.
yes. i hold a few shit coins as well as ada, atom, origin, etherum, and they all hate questions that may have negative answers. you’re just a fud’r if you’re not praising the crypto sponsored sub you’re in.
\- if you talk badly amount moons on here, you will get downvoted to oblivion. \- if you suggest that maybe we should talk about coins that are not in the top 10, you will get downvoted to oblivion and be called a "shiller" it is very astonishing that this sub focuses and bashes various alt coins whilst letting entities like elon get away with manipulation of the market.
it's just a fun theme to explore and see the confirmation bias present in the community.
kind of a valuable insight to how insulated political circles can affect mentality
>same can be applied to every subreddit. for example r or r
to be fair, read the list and see how much applies to the bitcoin sub
yeah. had a guy be really helpful in getting onto pancakeswap. just gotta get a new drivers license that matches my current address because fuck binance though.
100%. everyone, myself included, has their behavior affected by their bags.
echo chambers exist to brainwash. hence, the behavior is not surprising.
this subreddit especially has high censorship rate
yeah i was thinking this was r. everyone likes to think of themselves as the only smart one in the room.
most subreddits are echo chambers, especially r😬
i think r(where people go to talk about gme) is about to become the biggest echo chamber of all time.🤦🏼 their mods have rolled out software called satori that supposedly helps them separate the real posters from the shills and fudders (who they will block and ban) but i suspect the real effect (whether intentional or not) will be to suppress any posts with even a shred of critique about the short squeeze narrative. isn't a sub full of "to the moon 🚀🚀🚀💎💎💎✊✊✊🦍🦍🦍" and "gme to "🤦🏼 and questionable pro-short squeeze dd bad just like a sub that is overrun with pro-hedge fund shills is bad? one is too positive and one is too negative.🤷‍♀️ i do not hold any gme, but i do follow the saga out of curiosity about what's going to happen. i suspect that the gme holders are right that they have a hodl grip on the float (possibly more than 100% of it🤦🏼) but also i think they may be underestimating their opponents.
all i know is that dog coin is a fuckin pump and dump and the entire subreddit refuses to believe otherwise...oh yea, they also see nothing wrong with trading these coins on robinhood...they are fuckin crazy sheeple imo.
>standard echo chamber rules. same can be applied to every subreddit. especially political subreddits.
agreed, i use the alt subs to get some better technical information but i try and ignore the echo chamber garbage. i believe in certain coins but even some posts do some mental gymnastics to fit a news article in favour of the coin. trying to be critical of the coin just gets you downvoted. i found that
can you share what are your coin picks? thanks
and the general idea of 'dude this coin would be top 5 if it had better marketing'
yes, each one will surpass bitcoins market cap 10 times over by end of year.
"one million per coin is not beyond the realm of possibility..."
hey! ! bitcoin did it too and shib is next!
elonscatplay 0.01 eoy tell all your friends and family and get them to buy. don't forget your daily chores... smh safemoon
[discussion]: herpes coin to 1 dollar ?!?!?!?!?!?! new bison market ?!?!??!!!!!!! moon in 4.2069 minutes??!!!!
my coworker bought . he legit thinks it could hit $.05. i pointed out that’s worth 4 quadrillion dollars of market cap. see you at $.05 🙌🏼
this is all true of , yes.
i only see 6, 9... nice... and 10 on dogecoin.
why is the moon so strived for when it represents humanity's previous ath? why not uranus? these guys need to dream *bigger*
just remember that the moon is physically below you like 50% of the time.
just like my 5th grade pe teacher said, we are all winners. should apply to crypto as well, why not.
well, i do not think they are gonna congregate just to talk about how fucked they are
the moon has become a dumpster with all the shitcoins cryptonauts sent there
how do i tag along to the moon?
not r that sub is filled with pessimism :')
"i'm not fucking selling!!!"
hasnt happened, ^yet. eth is coming up on it and has more value so it could actually be the 'next bitcoin'. i think this mostly depends on competition, if everyone uses eth than is can surpass easily but if the marketshare gets split between competitors like ada, it may not. either way, a coin that can provide more value is bound to be the 'next bitcoin' since bitcoin doesnt do really anything
haha same with nano. "how is this not working, i bought some coins so you literally work for me now"
it's unfortunate that people only care about the price of the token. the iota foundation has had extremely good progress lately. i own a ton of miota, and sure... my gains are not at the moon, but i am still very proud of them and happy. my goal is not only to be rich, but i want a fast, feeless world. if iota succeeds, then we will all benefit from it, even if you do not own any tokens.
now i only talk in moon and galaxy synonyms...
after visting 15 echo chambers? better make an appointment with the therapist
buttcoin is kind of a cult also. these guys witnessed 1st hand the rise of crypto since 2011 but still consider them as tulips and scams
i once posted "good to to be holding btc and eth" in their daily. got temp banned for "promoting a shitcoin" the tribalism there... my god
yup i got banned for mentioning ethereum in a thiscussion about solutions to mining. i asked why and they said i was shilling. the fuck? perma ban by the way, no previous remarks.
reddit is okay, you should see twitter. where eth and btc maxis battle.
haha i read this as cricket and it made me laugh, just a sub full of cricket emojis.
emojis of people with bowed legs are the future.
rickshaws are where it is at. 🛺🛺
ricket emoji should be incoming shortly. i thinks thats the bracket legs thing.
bought shitcoin for rockets, got rickets instead.
altcoin subs gave me rickets.
to be fair you can say every crypto community is
i was in xrp at one point. that cult feeling. i got it instantly and it made me want to sell my xrp. i left xrp without saying a word.
probably like a million other users coming to a specific subreddit saying "it is like a cult". it is obvious that people posting in a project-specific subreddit have a favorable opinion regarding the respective project - because why would they bother going and posting there otherwise - and also that you should not get lost in an echo chamber. but simply crying "cult" without thiscussing specific aspects and topics, and substantiating deviating viewpoints has no value-add whatsoever, and if many people do it, it is simply spam. so it is not a surprise that mods would ban people for that.
translation: i got in early on the ponzi scheme and cashed out before shit fell apart.
all of these shitcoins are basically pyramid schemes - everyone who gets in late are paying the people who got in early. it's as close to a zero-sum game as there is, as there is no real value created when it goes to zero, simply a transfer from some people to others.
to the moon 🚀🚀🚀🚀 the only advice i would suggest to give is to stay humble and practical: i have therefore booked my purple lambo to have the rear spoiler substituted with a small dining table, which will make it easier to consume caviar and champagne 🍾 on it ( according to my calculations this will represent 100% of my diet)
>buy the dip, don’t let the whales come back in! "do not let the whales back in?" are you kidding? the whales are how you get from zero to hero, and not knowing to sell when you're "a hero" is what makes you a fool.
crypto itself is a squeeze play
its pretty much just an echo chamber over there
the world is pretty much "pick your own delusion" overall at this point. sign up for your social media gospels and burn the heretics
every crypto subs feel like a cult to me.
that’s what i was thinking. majority if not all of these aren’t seen within the nano subreddit. i really hope it stays that way as well when it becomes more populated there.
lots of broccoli to go around on the nano subs.
hold on tight to those ada and vet.
that algorand subreddit is more price focused and less serious. the r.
i was wondering the same, the alt coin i follow (r) does not give me the feeling that op describes.
i love matic. same goes for r
> r, r r
op refused to show which subreddit did he go to in another comment. tbh at first i was surprised that the tag is not comedy, because it seems like op is just spreading negative news about altcoins in general. i do not know if this is the top 15 altcoins, or top 15 shitcoins, or just ones that op chose for the purpose of this post. i am in the nano subreddit, and while there is a few "nano green, btc consumes a lot of energy" post, the majority are news and thiscussion. post about prices are even banned to keep the subreddit healthy. and nano is one of the more "shilled" coins (according to r), so i dont really know what sub is this from.
try r. >cardano is google. ethereum is yahoo
had the same though. it is obvious that people posting in project specific subreddits are more likely to have a favorable opinion regarding the respective project - because why would they bother going and posting there otherwise - but none of the subreddits i am in have substantial overweight of the described bullets. op reeks of confirmation bias - would be really interesting which subreddits he looked at and what the thistribution of
yeah even this sub is constantly shilling it, even though the tokenomics are not allowing their coin to really gain value until 2030
or to rally like 1 million other idiots to buy in, then dump.
totally legit question haha. you can spend five minutes on really any crypto.
i have lived in this earth for 41 years, and was just minding my own business on a random sub that popped up in all, and out of nowhere i’m hit by desultorily. never heard of it, so i looked it up, and now i’m going to steal it and use it to look smart. thanks, learned something.
h-how did you know?
it will reach a trillion market cap... when dollar becomes worthless
then you spend a couple hours reading and doing basic research to try and learn and try to ask what should be simple questions and quickly realize how little actual knowledge puts you above average in the community.
i'm sorry but giving that away will cause more chaos here. just go to your favourite altcoin subs and see if their posts match what i found out here 🤭
yeah he is full of it. i'm active daily on several crypto communities and none of them have even half of the points presented here, plus some of them are not even bad. what's wrong with supporting your investment if it is got good tech, devs and good track record, say for ada or eth? if he spent 4 hrs on dogecoin subreddit then i believe him, but 15? horseshit.
in all actuality, this is a true comment.
no one is hating anybody here. just having fun with the confirmation bias that is present in all crypto communities.
you're the only person mentioning the stock exchange... like what 😂
i bet it is just the top 15
almost all blockchain communities use the same techniques as mlms and ponzi schemes when it comes to recruiting new blood. just look at the amount of handwaving involved if someone mentions that btc does not move in the opposite direction of inflation. i could *say* that iexec looks interesting because it is created to use pow for thistributed computing tasks, but i do not *know* that. i'd have to be a programmer to know that blockchain was a godawful platform for any computing task.
if you consider eth an altcoin then r
proof of work and proof of stake
it’s a shame many people become ignorant to critical evaluation because they buy into this attitude. i think it’s kind of unrealistic for this subreddit to be constructive, given how the mods will delete any post that is even remotely negative.
it defers to what?
going all in on groceries with food coin. need to get bullish with the fridge and the freezer is definitely going to hodl all that with cold storage. when i get potato chips, i have to remember to buy the dip before everyone else and it is gone.
probably 80% or more of crypto projects are made as cheap pump and dump schemes
find a coin you want to invest in, stay off the sub in the beginning. now do research into that coin...projects, max supply, security, fees, etc. now hit the coins social media (offical) and look at what they have going on. visit the sub and check out the community. if it is a good fit then there you are. r
the purpose of this post is to show the confirmation bias we all live our lives in. many posts on this sub are not condescending on alt coins at all. i just wanted to poke some fun at the community for being overly optimistic about their projects. no hate from my side at all.
you take out a few points from here and the entire confirmation bias applied to bitcoin sub too. everyone in the crypto community is guilty of some of these points...
theres nothing wrong with holding both either💁🏾‍♀️
it's people being intentionally led away from the only real play in the game- amc and gme. crypto exists only as a pump and dump for hedgefunds right now.
this is not research about the coin. it's about the coins subreddit.
doge to the moon apes come on now it is true.
not saying nano is necessarily one of the 15 alts i spent my time on but people there shit on bitcoin and mining all the time.
most alt coins yes... it was the same story in 2017 bull run. but not bitcoin. bitcoin kick started this bull run again. bitcoin is safe.
elon would be thisappointed in these paper handed ways.
that's because they are cults
yeah, real tribal behaviour. absurd. i cannot take any maximalist seriously.
let’s be honest. this is every sub on reddit.
humans love their tribalism.
because crypto is just a fancy ponzi scheme
cultcoin delationary to the moon only 1 zillion coins ever can't miss get in now guarenteed 5000x!!! !!
honestly every sub feels like a cult.
just drink the kool aid and relax. the mothership will be here soon to take us to the moon
yeah it feels like many alt coin subs are cults. from my experience, the only sub i visited that seems balanced and realistic is the litecoin sub.
and it’s a fun cult that gets us rich(citation needed), though
i agree it’s freeing taking them all into a special feed if i feel like reading about one or all of them i can focus on what makes me feel good instead of obsessing which is easy to do
crypto, music, soda, drug of choice. everything is a cult
one of us, one of us. gooble-gobble gooble-gobble one if us
all of crypto is full of delusional people that only care about trying to become rich with very little investment.
honestly very crypto sub is like a cult* fixed it for ya
the amc is super cringe inducing, to the point that it’s like watching a train going straight for a carriage full of fireworks, you just can’t look away
the most "cult-like" sub i've been to is the bch sub.
i know right... you ever been to telegram crypto channels? thing is like a dark alley with random doors. each door you are greeted to the cult leaders of the crypto coin (mods and admin). lol
yeah. you have to believe or make people believe in it like a cult to make money out of it
hello fren. have you heard about ... *nano?*
now i think we need a heavensgate coin that will be like a comet ride past the moon, past mars, and straight to uranus.
definitely some truth there.
stop talking and drink the punch, it is very tasty!
sorting by rising is pointless lately because of the blatant botting going on with all these fucking crypto subs
i’ve always thought i’d like to try being in a cult one day.
this isn’t a cult? damn, who have i been sending my monthly crypto payments to?
btc maxis, imo, are most evangelical about this. they spread the word because they want to save you. the whole laser eyes on twitter thing, have fun staying poor, their lives revolve around btc as if nothing else exists, etc. the bible is the white paper. jesus is satoshi. i mean from what i see its mostly americans so it could just be their red, white, and blue showing.
no i specifically asked and they told me it wasnt a cult so we're good. but have you heard about terra ?
they have a financial investment in these currencies (often huge ones). so understandably, they engage in post-purchase rationalization. get a bunch of people together who want to feel validated in buying their crypto of choice and suddenly you have a circle-jerking cult.
why is that, we will never find out ;)
it's not a cult, it is a scheme, every one tells you to buy and hold and keeps buying, to make the price go up, then the top of the scheme sell and drop the price to pennies
i came from wsb thinking i am running away from a cult. only to find out i joined another one. i guess every reddit sub is a cult
to be fair, doge sub feels like left liberal wing, and crypto currency one feels a lot like right conservative wing, so i kinda see them like political parties.
still waiting for robes… but yes, all crypto is pretty much cult, especially right now with the huge influx of people(myself included). just gotta roll with it and keep trudging through the briar patch i suppose.
for real. i legit grew up in a real cult. it sounds exactly how that cult talks about other cults.
so do the gme and amc subs. lol
crypto is a cult
it's true, even the intelligent ones that you feel know their shit and have me convinced. i will ask some valid points which they totally thismiss it without giving it due consideration and i know they are just a cultist at heart.
i once went on the cardano subreddit and there was a thread in which people were just thanking charles for creating it.
id rather have a cult based around a fictional store of value thats on a transparent ledger than an invisible bigot in the sky
even nowadays when i talk about crypto to friends and coworkers they look at me like i'm in a cult.
don’t worry, all of these will fade away in the next 5 -10 yrs. you see the stock market is there for over a century now, i am sure when it was first introduced, there’s all kind of fuds and fomo’s and critics and simply non believers, but today the stock market is well matured and only serious investors are making money from the stocks. if you are a stock market investor, you will be well respected. things will change in time... also mature and give fruits... edit- crypto is a future investment... this definitely not a “get rich quick” scheme.
not just crypto lol
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it means the developers are known entities in the real world hence less capable of a rugpull
i think one of the only coins that went up after elons tweet was nano and even that dipped a couple days after
cardano did quite great after elon shat on btc energy usage
i'll legit never understand this logic. btc takes a shit and coins in unrelated chains go down with it? wtf
lol what did you have in mind to use this information for?
i specifically remember the cardano sub having lots of post saying we do not want shit to do with that guy. then charles gave him a hand job on twitter...
gme is different though, no stock in the whole history of finance have been shorted like gme and be able to completely reverse the situation. also the dds are next level.
unfortunately yes. but people won’t admit that yet. a year from now people will be like “i can’t believe people fell for that”
that's mental, talking about the current number 2 competitor should not be a bannable offense.
mods are fanatical humans. i was banned from .
i left the bitcoin page after being temporarily banned for mentioning another coin.
mods on here have deleted algorand posts stating that "no one cares"... i've had arguments with members of the cult if satoshi on here... the echo chamber is spreading...
i got banned for saying . permabanned immediately lol.
i mean, consider the history of the sub... when alt coins first started coming out they were thiscussed... but it soon became apparent that many were simply cut and paste scams, sometimes nefarious (still are, only a handful of alts have any actual use). if these posts were allowed they would have taken over the thiscourse and we all would be partially responsible for users getting scammed. the options would be to ban the scams, or to ban all alts. one of these options is impossible in practice...
that’s why they created r. but the mods manipulated it away from uncensored and into a restrictive bch propaganda machine.
love the 'shilling' accusations regarding a mainstream large cap coin; as if your promotion of it could have any impact whatsoever on its success.
last i checked (couple of years ago) r-removes any post containing the word "censored"... you know, to ~~keep spam down~~ keep you from finding out it is censored
bruh i got banned from the , some1 did not liked it and banned me forever. there is no respect to the truth anymore, just the interest of the few
the other day i was on there talking about how integrating a system and then thiscarding it again (like elon did) is not market manipulation and can happen at anytime to anything. after all he had no obligation to forever accept bitcoin once accepted. could not even check the first comment cause my post wos gone, lol. should have called elon a snitch, probably would have been better for my karma...
wait until you see the bitcoin cash sub lol
the bitcoin sub is cancer.
well, the sub is called bitcoin... but i gotta admit, majority of the people there are btc maxis and nothing else. they don’t want to hear about any other coin, only about their sweet btc. ![gif](emotebtc2_emotebtc2)
i would say rules.
you have to call it the coin lol
> they called it shilling. there are actually people that think eth needs shilling in 2021? rofl.
omg the ban hammers are so strong in these. so frustrating bc if they even perceive that you call into question a tiny part of their beautiful coin then bam. banned.
i got a perma ban from ltc sub reddit for asking for a comparison of nano and ltc.
try to post something about nano in this subreddit... ;)
they call it schilling, when everyone can see all these crypto coin subs have done is create an echo chamber of confirmation bias with very little dd.
it’s one thing to bring up some brand new coin, but how does one ‘shill’ for eth? it’s so big it doesn’t need, or benefit, from shills
i was thinking that bitcoin subs is for everybody. since btc is like great great great great great great great great grandpa of all coins. except for eth. it's more like it is wife
you're not the first person i've heard say this about the btc sub lol
literally had the same situation. someone asked about accepting bitcoin as a payment in their store. got banned for mentioning a project that is specifically for accepting bitcoin and cryptos as payments.
red mods tend to be socially inept, power hungry absolutists.
i think bitcoin is the only sub where they keep it 'bitcoin only' and if they didnt there would be no need for this 'crypto' sub and people would just blah blah their coin everywhere
don't give out your seed phrase
not your keys, not your coins does not matter if you own negligible amounts of crypto and a single transaction would cost you more than the amount you are trying to transfer, if you own something on an exchange you are single-handedly responsible for anything bad happening in the ecosystem. fucking hilarious if you ask me.
people reminding each other to buy high and sell low.
best advice from this sub, is that this sub is echo chamber
you must be politically correct and say “the movie stock “ don’t dare say the name !
credit where credit is due and maybe it is because the community is still smallish, but the people on , are more decentralized, are cheaper to transfer and so on and their solution is just a very good jack of all trades... a big part of the community is also very anti marketing, wanting the project to grow from partnership with major players, not retail traders trying to make a quick buck...
...then why is not there unmet demand for a sub critical of coins? i do not think any coin has solved the issue - it would be great to have a sub that talked about the current challenges that all coins have.
bugger them. do your own thing.
>it is very astonishing **that this sub** focuses and bashes various alt coins whilst **letting entities like elon get away with manipulation of** **the market.** i'm more astonished that you think this random sub runs the market and can "let" or deny things.
> whilst letting entities like elon get away with manipulation to be fair, i doubt there is much anyone here can do about that...
how or why do you expect this subreddit to have any effect on what elon musk decides to tweet?
you can aswell be banned from here when you talk about some coin.
solutions to quirky problems are the big wins, and even some noob questions. had loads of mine answered
indeed. i'm a slave to my satchel.
like religions... they all assume the backed the right horse, lol. essentially, it is a one horse race and everyone backed a different horse.
wouldn't even dare venture into that part of town
don't touch that dial! not going near it with a 10ft barge pole
i'm lucky, i do not really know enough to hold an argument, so i do not have a dog in the fight. i do not care if red comes in, or black comes in. i've backed both
ada to 100!!! 🚀🚀🙌🙌 ![gif](emoteemo_pack_1dancing_wojak)
dogecoin to 1 million!!!!!
people are so ignorant when it comes to the potential of hitting it big man. they get blinded by the chance of making serious gains but fail to realize that shib hitting .01 would be like doge hitting . the reality of it is that it’s never going to happen.
this will be super funny to see once btc is not anymore.
alot of the coins came from uranus
uranus ? smells fishy ...
well ath compared to only the earth itself. compared to our thistance (height) from the sun we can do so much more. uranus would be a very good one, but i guess if you wanna be conservative you could try to go to mars lol.
cumrocket says it is going to uranus.
this defines a bull.
hmm if someone would check that sub and highlight the funny bits, i'd love to hear.
oh my god they all want to die what a great sub
haha it is incredible to see that meme get up-voted to the moon every time
that's so fucking cringe, especially because most of these people are propably below 20 and hold their stack worth whooping 200$. reddits silo mentality is becoming worse and worse or it just becomes more obvious the longer you are here.
no, ethereum is not the next bitcoin. stop mixing your shit, ethereum is the next ethereum and bitcoin is the next bitcoin. the claim that bitcoin does not do anything for justify his market cap is straight bullshit. if you think a pos governance centralized coin have the same purpose as bitcoin, you did not understand anything about crypto. not saying pos>pow or viceversa. just please do not mix your shit up
the new people were mostly the frustrated ones. and it was exchanges that blocked transfers of coins. but also nano works as expected for now :)
this. i am in ,both for tech and money. i would not invest in something i am not interested. like btc or eth. yeah i may not succeed but atleast i invested in community that tried really great thing. nano is one of them
rip u-wallaby12 killed by shitcoin subs
"moon man rocket goes to galaxy crypto" can you translate this ?
such much true wow. moon is elon and elon is moon. shiba shiba shiba doge doge doge
what about lambo's and tesla's?
butters degraded so much during 2017 bull run. you could even taste the salt while browsing that sub.
you insulted their god btc and must now pay for your mistakes!
it's 4 am local time... i'm on my 4th 12 hr overnight shift... i'm gonna let it ride
i'm bullish on twisted limbs
i'm selling all my cicadamoon for bowlegs. bowlegs has utility.
doge, shibb and xrp i have found to be the worst. but yeah once you start spouting off about a coin people have a vested interest in... then tensions get high.
most altcoins are no different than the garbage penny stocks of the 80s and early 90s before the ftc basically regulated then to hell. what was happening was people would literally create a new company with a new techy sounding name with fake marketing around potential partnerships with reputable companies. the company would drop millions of shares for like 10 cents each. they'd have no product, no real future, but the tech name and the marketing would create massive amounts of investment into them from people trying to ride the new tech boom. they were almost all pump and dump scams. well, crypto world cannot really be regulated so look what's back... scams everywhere with big marketing budgets but nothing else.
"crypto is like astrology for men."
this is one of the big reasons why people do not invest in crypto. they cannot take criticism at all, they have a strong herd mentality and they cannot see the negative aspects of crypto. people get scared of crypto because of it is investors.
oh god... i'm here. am i in a cult and do not know it?
i got to know about polygon, and there were like 7k\~ people in the sub, every post was about parterships, goals and the potential of the project, you would rarely find a post about price. there were a few posts about buying the dip, undervalued project and great team behind and it seems they all were right :) the sub has changed a lot lately with the huge increase in popularity, but that is normal and it would happen to every coin.
yeah matic was a great sub until the price started pumping. glad that the price went up, but sad about the sub going to shit
yeah sry was just writing from the phone and didn’t check they were the correct name subs. thanks for the correction
well agreed, those 2 are some of the worst considering the projects are serious compared to other stuff.
i personally won’t mind if i can accumulate algo until 2030 at cheap prices. i hold other coins with different goals. people can’t seem to grasp it. this sub is very short on investors, it’s all trading and casino for most people.
i mean that is just not true - but ok.
yeah it was a satirical comment and i was first to comment so couldn’t resist. if one wants to have a serious thiscussion about algorand, this sub is not the place.
whats wrong with accumulating coins until 2030 for it to then really gain value? i have 9 years to get as many algo as i want.
yes but it is not for that. investing in algo is like a hyper efficient savings account with constantly compounding interest. holding algo on coinbase means you can watch it tick up, which encourages you to invest more. then it ticks up faster so you want to invest even more. and since you're actually earning more algo and not usd, when it does moon, you'll have way more tokens than you paid for.
it does not... actually the r.
it is like , surprisingly, if you go on dedicated crypto subs , they promote and like that particular asset ... "ridiculous" behaviour (🙄)
don’t believe everything you read on the internet...
thank you very much!
sorry for the typo.
but that was not how you framed your post... as far as i can tell, you cherry picked things that confirmed your bias. what objective measurement did you use when collecting this info? my point is that i think you missed some stuff. take dogecoin for example. there are tons of positive, inspiring posts on there about people using their money to pay for surgery for their dog, or donate to charity, etc. but the people on that sub get labeled exactly how you described them above. i'm not saying your points are not valid, but i am saying that it does not paint a full picture imo.
yeah, of course not. like i said, i do not hate btc. i just do not see it as king. years ago, yes. but now, it has very strong competition.
🤔 i jist do not see bsv getting enough adoption. it would be an improvement over btc, but still no match against eth2.
that same amount of time in a subreddit gives you equivalent amounts of information about the communities.
yeah bitcoin kinda exists. not a ton you can do with it though
the dogecoin community is honest about it
at the very least doge does not pretend like it is going to change the world of finance and magically bring rain to africa. there are some weirdos who think it will go to , no clue what their rationale is.
i mean... half our country believes qanon... i'll take people that are excited about investing
we prefer the term “communities”
we're just newly formed religions
crypto is basically just a cult, honestly. 😅 i participate happily lol.
sometimes i feel crypto is just mlm for men rather than a cult
tribaltoken and maximacoin are set to launch to in early 2025. get in now while the floor is low because we gonna burst through that glass ceiling like willy wonkas great glass elevator on steroids!!! (wonkadao and safesteroids due out later this year and looking for them gains, son!)
at least many of them are not taking advantage of their members for financial purposes like crypto subs
reddit biased and echo chamber?! no way man, i come here for the high iq thoughtful thiscussion. theres a few good subreddits. this one am not too bad. the obsession with moons is kinda irritating though, whether that is people trying to farm them or those that accuse everyone of doing so for making a simple thread.
lol go to r those guys are straight up scammers. avoid at all costs.
it's like 100 mlm vitamin health scams except one of them might end up curing cancer or something.
except the product is money. doesn't even pretend to offer shit in return for your losses.
isn't diamond and gold also mlm pyramid schemes?
like gambling with extra steps!
crypto is a great idea, but right now people are turning them into this ponzi because they want to beleive in magic. crypto will survive anyway, and mindless people will cry for theirs saving they threw into coins
i think that is because they know they have nothing to offer and nothing to boast about and are really just nothing to speak about. but the same is true for most alt coins so you are correct they are more balanced in that not even they would believe litecoin has a future.
i could have been a get rich quick scheme give me a time machine back to february and i'll show you. in for 3 months out very rich. also chase bank director invested into doge coin heavy and became rich enough to retire so he did. a top bank top job he saw value though thats cool. when timmy says its stupid not a thing. show him that guy whos job is money and he did it. proto doge is it? he became a millionair in 90days or so. sure its rare and the risks are insane but the fairy tale is real lol. i see it like a horse race place your bets. only the race does not end and you decide if you take that l or not.
built : different needs : special lactose : intoleterant
we are some kind of super-intelligent humanoids. this world does not deserve us!!! ^()
doxxing became a widespread enough term that its origins does not really matter. it also still has a negative connotation since digging up the private information of someone online is still considered malicious. unless its voluntary i guess.
doxxing was long before 4chan. the somethingawful era did a lot of.doxxing and i remember it stated before then. you're right otherwise, though.
yeah nano went from ’s announcement. was the only gainer on the day
and then it, too, dipped
dano matic and algo while taking some hits bounced back fairly decently and kind of didn’t care about the tweets. i mean when the whole market is down it’s down but these seem to have solid communities hodling the shit out of them.
thats because trust in bitcoin is trust in crypto as a whole. the market is still too young to seperate all the coins into different assets. they are all crypto. all differences are just nuances in the public eye.
did nano themselves directly shill because i think it was just the holders and.
it was a list of the devs who shilled, not holders. and still nano jumped over 100% that day.
as a huge nano fan i was thinking the same thing.
haha just to backup the meme that i made in that post. it was something that * seemed * like it was happening, but then i had to double check and ended up just making a whole-ass list
correct me if i'm wrong but was not the video he did "for elon" literally dripping with sarcasm?
absolutely true. but when bill gates got divorced, people were convinced it was because gme would tank the market and he wanted to protect his assets by divorcing his wife. ~~turns out he was having an affair.~~ *edit: i have no idea what their reason to split is, but i highly doubt it is gme.*
completely agree, however this idea filling every gme sub of hold to . the institutions hold a significant proportion of the share float and they are certainly not holding to . gme hit ! i just wonder if this whole play is a pissing match between institutions and hedge funds, and retail traders are going to get caught in the middle. not too say that there is not serious cash to be made, but listening to this hype is dangerous.
the house of cards dd is top tier analysis and information.
this is reddit. each sub is a circle jerk of what it was created for. any mention of anything else, especially a direct competitor, will have people losing their minds.
the btc sub thinks all other coins are shitcoins
. even talking about scaling is bannable in many cases, that is the entire origin of the scaling war and creation of . the only things allowed there are price memes, jerking off to bitcoin's long list of "accomplishments" like never changing and ineffective l2 scaling like ln, or bashing "altcoins".
what do you expect from a sub that bans thiscussions of potential improvements for bitcoin itself. that place has been an echo chamber for years.
imagine if we all got banned from r
yeah but hitler did a bunch of other stuff apart from painting
was it rob liefeld? :p
and what would be their reasoning behind that? what’s the deal with algo?
welcome to the modern world, apparently no one can thiscuss anything anymore. trying to find “reality” or “truth” is a needle in a haystack situation. everyone now a days seems to just pleasantly drink the koolaid flavor of choice for whatever brand of crazy they’ve adopted. sad state of affairs.
even the fact that the age of my reddit account is under the user name is part of the crazy. whoever decided to do that must be seriously smart because lord knows you can’t simply buy old reddit accounts and push your agenda. 🤦‍♂️
>mods on here have deleted algorand posts stating that "no one cares"... this sounds like the type of thing that deserves it is own post on here
lots of my comments that removed and i have no idea why.
there are more than a handful of useful altcoins.
at least they will let you debate there, r"shit coin." lol
totally! i was on the flat earther forums the other day and…
not sure what your point is, but the top 10 (hot) threads on the bitcoin cash sub are (right now, when i just checked): 1. bch service info 1. howto 1. bch service info 1. dev talk 1. service 1. price meme 1. bch book review 1. ad for bch server 1. yt live tech thiscussion 1. price meme although the memes tend to be anti-btc, for the most part the sub tends to talk about bch services, tech, and outreach to brick and mortar stores.
sure, but talking about other coins is still in regards to bitcoin. like if i talk about call of duty i can thiscuss battlefield, or if i play wow i can thiscuss ffxiv, that is how people talk about shit.
"you know i happen to have bought lsd in 2013 for 500 bitcoin that i got from a mysterious nerd in 2011. can't deny it was a good trip but i wish i was tripping on a lambo in dubai right now... this is why you hodl guys, do not make the same mistake i made!"
it's still a true saying. but it does not mean you cannot trust a reputable exchange to hold your coins. after all, we can trust most banks with our usd. if you have alot of crypto then you can reconsider and move it to cold storage
he's shilling algorand! ban him!
*sharpens pitch fork* this fucking guy
trying to ban…button won’t work…
>it would be great to have a sub that talked about the current challenges that all coins have i think r.
yeah. they seem rather genuine a lot of times. i feel like i can generally spot a pure scammer. they definitely want to profit off of us, but they would be glad if it were mutual. of course theyre going to talk a bunch of nonsense to pump their coin. i'm thinking of buying into . it could doge... but the actual functionality of these isnt as important as the passion the branding inspires, as doge proves.
doge to !!!!!! 🚀🚀🙌🙌
i know you're mostly joking but to be fair, most of the cardano price convos are in the neighborhood of , which is a legit thiscussion considering the ever growing eth market cap and the potential for ada to compete in the space.
it would be really funny if this came true though lol
i knew you were talking about ada cuz all the points aligned with something i saw last night. i don’t really fuck with other shitcoins, but ada is different. it’s creator is a cofounder of etherium which is much better start compared to other shit coins
cumrocket to 1 billion !!!!
i bet they take the site down lol
where do you think shitcoin term came from...
dude, you just made me burst laughs and everyone is looking at me weird. 🤣😂🤣😂
must be tough living with 200iq
can i ask why you put a space between the last word of a sentence and the punctuation mark? i've seen it before, and it does not make sense to me. i'm guessing you're french, because that is the only time i've seen it. do they explain why you should handle punctuation the opposite of pretty much every other western language when you're in grammar school?
"i'm farming over 9000 plots and have 0 xch, what am i doing wrong?"
>no, ethereum is not the next bitcoin. stop mixing your shit, ethereum is the next ethereum and bitcoin is the next bitcoin. the claim that bitcoin does not do anything for justify his market cap is straight bullshit its a carbon dirty, ancient network that has improved nothing in years. 7tps, high fees, slow throughput, constantly congested, and all for literally no reason but dogma around never forking and "digital gold" to cover up its failings as intentional. > if you think a pos governance centralized coin have the same purpose as bitcoin, you did not understand anything about crypto. btc you can only buy or sell, send or receive. ethereum does that and way more. casper pos is not "centralized governance", and etheruem's development is no less centralized than btc is between blockstream and mit owning bitcoin core. please quit mixing up facts with your ignorance.
no, by 'next bitcoin' i am really referring to the whole hype, similar to one saying 'the next tesla'. i cant say whether or not bitcoins market cap is justified, it very well may be, i'm not sure how much it will scale though, which is why i am not huge on bitcoin.
i'm eagerly awaiting for the flippening to become real, so many asshats are going to throw a fit.
sounds like a metal band name.
bowlegs is so last week. safeelonshibapolio is going to the moon
safemoon and pinetwork are pretty damn bad as well
safemoon people are the most aggressive and volatile from my own personal experience. say anything bad about safemoon or refuse to call their ceo god’s gift to mankind and you’re gonna have a mob attacking you.
wow that was a perfect description of the everyday crypto scam
yep its fun to ride
chainlink was my favourite crypto and i held it for years but in the end i just couldn’t take the cultism around all of crypto. it’s still present in stock subs but at least their expectations are more realistic rather than 1000x 🚀🌑
sure but why hold algo until then instead of holding other coins and then reinvesting the gains into algo before 2030?
pls correct me if i'm wrong but does not the rewards end by the end of this year, also governance last for 3months as well iirc.
then maybe you're on good communities. enjoy buddy 👍
but he literally mentioned stock exchange. i can see it right there with my own eyes. what?
adding that stuff would make this into a serious post. as i said, no hate just poking some fun.
bitcoin is the plankton creature. without bitcoin nothing exists. no whales. no fish. no sharks. its basic.
doge knows it is a joke, so they cover with the cult mentality, which is also wrapped within the best crypto mentality. the outward appearance is one of lambomoons. it's a god damn onion.
if 3's user base can believe celebrities drink the blood of children to stay young then i'll let these guys have their fantasy
what about people excited about investing in qanon?
you made me laugh out loud with that. well done sir
better than worshiping the state.
you make more money as a leader, but you have more fun as a follower.
long as nobody makes me drink the kool aid i'm ok with it too.
i’m still waiting on this nice refreshing kool-aid i was promised.
it's essential oils for men
really? what do they do?
they were on the front page the other day too
ahh yes. cancer and my wife's boyfriend's chlamydia
thats funny, because i say living is like gambling, but with extra steps...definitely a tinyverse.
its not magic though is it. it happened. its happened over and over and over again with bitcoin too. i've followed bitcoin news i fall on for 10yrs mayb and really only remember even thinking two things about bitcoin. i wish i put some money into that. i'm glad i did not put money into that. i wish i did i'm glad i did not after every crash sometime later an all time highs story will pop up again. i just cannot remember the frequency of it. 3x mayb. explode. crash so on we at the crash right now but paid in this time so now gotta wait for that next boom. all the coins seem like they want to go up now too so... the dreams alive baby.
all of the people you mentioned, they are already wealthy, that’s why they can invest so heavily to get a big return.
awesome. how does one post a dancing wojak?
how do you do that?
yeah my nano investment was up 55% and then i decided to buy some more🤡
it peaked at 17 on binance. i felt like a fucking genius in those 5 mins.
now it is back to under 10... lmao
isnt it still worth more than what the price was before he said btc is shit?
eth, ada made great gains in terms of market dominance.
this shall dip too
they both decreased in price like any other crypto, what was different to others? it was very slightly less worse but i think that is just coincidence
tesla tanked for a week straight after he opened his mouth
> so did tesla, it was a great ploy to detract from the quality problems they are facing in china teach him a lesson to go play in china's territory, you go there ,you will get burned and all your knowledge will be stolen lol when are they gonna learn?
or the fines in norway. tesla orderd to pay . because tesla sent an update choking charge times and battery capacity in the cars. that has to be smashing tesla profits right now. since tesla has no profits. over an update they sent out without warning. mayb it was for safty but they should have said
my list was just people who replied directly to elon’s btc tweet. do you have a link to nano shilling? very happy to add
yeah it was basically a video stating how much is involved with these 'improvements' that he is making sound so easy on twitter. it ended with a 'if you think it is that easy, welcome, have a go and hope you manage it'
i did not watch the video, but i think it came out after elon did not respond to his post about coming over to the farm to hang out with mini donkeys and talk about ada. i'm all about cardano and it has definitely been my best performing coin, i just remember the community not being into elon and his shit despite the positive impact his bitcoin fud had on ada.
yeah, banging cortana, while asking us to eat synthetic meat.
everyone assumed he was going short but, he was actually going long.
agreed. some of it is super schizo shit, some of it is quite interesting with a lot of merit to it
...20 years ago. articles talking about that are smear pieces. there's no way the affair had any meaningful effect on their decision to split *20 years later*. perfect cover for a legit reason to split though, and now it is all people are talking about.
lol too true. gme people can get a bit far fetched. at least there was a connection that gates is known to have shorted gme, but still.
i’m pretty certain most institutional shares are for etfs etc., so they can’t just sell them overnight, but they’ve probably figured a way around this by now tbf
i do believe there must be some things happening backstage on the institutions ’t completely aware of, that’s why we have a ton of wrinkled brains doing dd, we have people from the industry doing amas, there’s so much going on besides the “crazy talk”, “conspiracy theory”, whatever you wanna call it, what matters is that the dream, the company is turning itself around, people’s energy and resilience to hold are at an ath and increasing each day, 0 debt, e-commerce, shareholders meeting and share vote count coming up, nft and crypto involvement, and the list goes on... so even if the squeeze won’t happen (very unlikely), this is a solid long term investment.
cryptos should not be considered competitors to one another. we went from counter-economics to normie wall street businesses
hey guys. crypto currencies, am i right?
it is also becoming a thing in eth's subs
that was good mate, cheers
hitler did love his art
for example he was a public speaker.
nothing, the mods here have their masters. whether those masters are entities paying them to suppress certain thiscussion, or their portfolios which they obviously want to grow, they have masters. as a long time bch supporter i am all to familiar with censorship on this sub an others. i think the fud surrounding r.
heck, the account i use for everything investment related is an old throwaway so i do not have to filter through everything on my main account, it might as well be 6 months old... my main account is 9 years old but no one will know that when i'm talking with this one!
on algorand's board i think i remember someone mentioning getting banned for raising concern about it in a separate post... algo is not that well know yet even if it is 2 years old so posts about it that thisapear just pass under the radar...
sure, that is up for debate, but there are ten times that amount without use cases. hence the ban...
they are super anti bitcoin, based on reading the sub’s comments of plebs being 100% serious. it’s a massive echo chamber. here, i’ll go make a post there “i think bitcoin is better than bitcoin cash, prove me wrong” and it’ll be removed’ll be downvoted massively.
i honestly think this sub is one of the least echo’y of all the crypto subs. it has a large variety of true information, not too biased against anything.
that nerd is probably tripping balls in dubai right now in your place
dat mofo would have sold by the time btc reach 2x
this is your seed phrase?
you'd have to sell to buy the lambo...
man you're gonna look so silly when doge hits !
if it will, dm me. i’ll make you rich.
i cannot find cumrocket on coinbase, help!
credit op for the obvious setup.
i chuckled, hard. take this free award. haha
i am french indeed. and i really do not know. when i put a "." at the end of the sentence i do not put a space. but when i put a "?", i put a space before without thinking about it. the same is true for "!". but i do not do it on purpose, i do it without thinking. i am not even sure that it is the official way.
the good news is that in a few months there will be alot of storage available on the secondary market.
>bram cohen took it to twitter to clarify that the 21m pre-farm currently valued at , "first we're going to pay ourselves, then we're going to steal more, and snort coke of hooker's asses."
can it really be valued that high if 96% of it is locked away?
just because the consensus requires energy does not mean that is energy inefficient, and please stop using carbon dirty to dump on bitcoin, cause our day-to-day is flagged by this in almost all means. if we make it to the thiscussion about energy usage of actual financial system vs bitcoin, you simply cannot because we are comparing a paper system (you know this is true, we are backed by debts) with trustless solid tech, not just some "digital gold". sure it is scarce and is unusable as a currency right now, you can call it "digital gold" at your will, but bitcoin is here to stay, and to grow over the time, meanwhile with mass adoption, more independent developers will join from every country of our world. with pos governance centralized i didnt mean ethereum lol, i love ethereum and where is aimed, software engineer here. algorand is something that fits on my description, cardano maybe too (charles do not clicked on me guess), and like i said, nothing wrong with it, just remarking that they are different phenoms.
>its a carbon dirty, ancient network that has improved nothing in years. 7tps, high fees, slow throughput, constantly congested, and all for literally no reason but dogma around never forking and "digital gold" to cover up its failings as intentional. yes, which is why [insert altcoin] would not be the next bitcoin, like how half life was not a doom clone and morrowind was not a gta clone.
this is the type of shit you write when your entire crypto portfolio is 0% btc
you are naive. pos is most definitely a move away from decentralisation. this is not a secret or anything. it has to move to pos because of congestion, high fees and so on. there is simply no choice. blockchain does not scale enough for a universal machine or whatever. not even close. a utility coin like ethereum obviously must have cheap gas fees to work. pos is not “a solution”, it’s going *backward* toward central banking and fiat. again, this is no secret or anything. openly acknowledged and obvious. pos is a *choice*, not a solution. proof of work already solves proof of stake. see: the bitcoin white paper. here’s why i personally don’t like pos. there is no mining, no difficulty, so the chain(s) have no weight. that opens a can of worms, but it’s ethereum not bitcoin, is a “utility coin” not a “store of value” coin so is not as critically important (or, we will see).
seems like you're looking for an currency to use. thats why you're not huge on bitcoin. from my perspective, i value the scarcity, decentralized and transparency nature of it. if i were looking for a stablished currency (take stablished as a coin that at this time have the features to act like), at least i would use monero for his privacy and his tail emission, which is also a feature. if i were looking for smart contacts, i would use ethereum or algorand. shit, there is also projects like polkadot that give us unique features like the parachains. crypto is just a matter of which ones are gonna build our future, and thiscard one or another is not gonna help us to stablish this technology
best part is, it absolutely will happen. eventually i believe other coins will surpass bitcoin as well.
i've spent 5 minutes trying to name twisted limbs' debut album, but i'm drawing a blank...
yes, but it’s an assumption that algo won’t appreciate until 2030. it’s not a given, so the strategy you propose is speculative. i hold other coins that i hope to sell in a shorter term. algo i just buy
stability and staking rewards.
i can see it with your eyes too. clearly mentioned the stock exchange.
sure thing. i guess i misunderstand the difference between focused-discussion and comedy tags... 🙄
i'd some to see someone drink a book
they do use baby foreskins, though.
>there is not anything rationale about investing in dogecoin and many of the older dogecoin subreddit members will tell you exactly that the coin was designed to be meme, with *some* monetary value. it was designed to be almost worthless as a way to mock all the serious crytpo projects that were coming out at the time it was made it was more to be able to tip someone on the internet lots of magic internet money with a cute dog on it, and the best part was, you could technically buy something with it. it was great to see the thisbelief in people's faces when stories would go out saying "dogecoin, a memecoin, was used to fund so-and-so" as was the case of the nascar car and the jamaican bobsled olympic team there has always been jokes about the coin going to the moon, and one day being worth a lot more. it's only recently that has led to much more vocal voices that seem to actually believe it will be the next bitcoin (or at least want to convince people it will so that the price pumps and they dump the coin) i love dogecoin, but honestly do not believe it will be able to maintain its current monetary value, much less maintain a higher value
qcoin a think yet?
that’s one spin off tv series that may actually work
depends on what is in it. 👀🌈
just go to the sub and look at some of the posts. a lot of saavy investors are poking huge holes in its value and utility. they lied about having a partnership with visa for clout when really they only had cooresponded. in addition- clucoin says they are set up to thiscourage pump and dumps. and market manipulation by taking 5% of any coins you sell. apparently this is to thiscourage people from selling and to reward people for holding. but it’s really to ensure that no matter what happens- whoever is at the top of the pyramid gets 5% of every single transaction. apparently it goes to charity, there are no records of this. they just had a huge giveaway not too long ago. they were “giving away” like 60 bn clucoin. suspiciously it hit r, in the main post people began to ask very legitimate questions, the mods and those who work closely with clucoin could not form counter arguments and resorted to ad hominems when qualified questions were being asked. i’m giving you a super dumbed down version of the overall. but avoid at all costs
miniverse, don’t wanna tread too close to teenyverse 🤣
i said could have. they did. proto or pro the doge was not rich he scraped together 200k sure but imagine if he lost it. still might sure but it could spike to a new height again. i'm hoping my 1100 becomes 3000+ over a year. but i know its dreaming. well only know next year though.
not quite, but close. i think it was nearing about .80 organically and peaked at .78 last night.
ada is the best stable coin by far.
they both constantly rose in value throughout the bear market. edit: in reference to bnb and link
good lmao he is a moron
i didnt think to look into it, but im guessing there was alot of "we put a billion into this and then you tanked it?!" reaction?
ah so a revenge hand job
ahh i think i remember what you are talking about. i personally do not like the idea of elon in the space but i understand the rationale of maintaining an amicable relationship with him. i'm glad nothing came if it though because that would be a whole can of worms i do not think we as a community need right now.
charles complained about pump and dumps quite a bit, he talked about how these schemes will harm the industry, and he has largely harped on doge specifically, a scheme for which the predominant source of influence as of late \~ none other than elon musk. and yet, he softened up to elon musk when he felt that there was prospect for elon's antics to benefit cardano. if charles was so concerned about doge causing damage to the industry, why would he want to associate cardano with the primary source of influence relative to the doge pump, thus simultaneously lending increased credibility to musk, which will in turn work to benefit the doge pump further. he has been applying the principles that he preaches selectively, and it’s not a good look. if charles, or anyone else in the industry, does not want these pump and dump schemes to become normalized or bring heat into the industry, the only reasonable course of action is to not associate, not give a platform, to one of the primary influencers within these pumps. it's rich that upon being ignored by elon, a sure bruise to charle's ego, charles then went on to do what he always does \~play the role of the altruistic, hard working underdog who is the bastion of the people, here to stay, folks. don't worry, he will be here today, tomorrow, the following day, and hereafter. people like elon, who charles likes or does not like depending on the attention and benefit afforded to charles, will never understand. until elon retweets charles, that is. i have to admit that i am a bit biased here \~i hold ada, but based on the last year or so, i do not care for charles hoskinson anymore, like at all. i have been slowly moving my funds elsewhere. i cannot stand the way he moves goal posts as it suites his ego, the way he paints himself as the bastion of the people, and the way he constantly demonstrates his explicit biases yet sets them down with the thisingenuous "but we must deal with complexities, we are intellectuals" bullshit. anybody who puts out a video paying respects to rush limbaugh is a bit off the mark in terms of who i want to associate myself with, and give my support to. that was not the predominant reason for my thisliking of charles, and it was not necessarily the final straw \~more like a cherry on top that solidified my decision to start looking for other coins to shift my funds to over time. we must also take into consideration that his public persona is a filtered, shiny version of what's behind the curtain. i have ada, but i also think there are more important things than money, and i think that we should have more open conversation about the people behind the projects, especially projects that have the most money and support thrown behind them. is charles hoskinson someone that we want at the head of the crypto movement? i certainly do not. everyone is entitled to their own opinion, but we should quit glorifying these public figures and placing them above criticism.
in all fairness, i’d like to bang cortana too.
read that as “beat synthetic meat”
yeah and it turns out brands like beyondmeat are actually kind of bad for you because of all the synthetic oils. i believe in the science, its just not there yet.
no way gonna happen
that epstein fella sure is a fan hanging.
good point, i have no clue what their reason to split is. will update my comment since it was not my intention to talk shit about bill gates.
michael jordan lost a few hundred million from his short investments as well.
most of the dd that i've seen, which is exceptional, is overly optimistic and assumes that hedge funds play by the same set of rules, therefore, certain events will trigger as a result. the problem is that they do not play by the rules. in fact they have a separate set of rules that they helped craft, and unfortunately that is why we're in this mess. i would love to see them toppled, and hopefully we will, but i have little faith that this will fundamentally change the system. in fact, it is likely the retail investors will get blamed, as has happened previously. i fully agree that gme is solid long term play, but there is many retail investors that are not in this for the long... they want to see the squeeze and done. "crazy talk" was referring to the unrealistic expectations of how high the price will squeeze. everyone would have to get locked out of their brokerage to prevent them from selling at .
every revolution eats it is own children
say what you will about hitler, dude did love some art.
are you sure you are talking about ? i'll partially agree if it is about r, i mean the sub was literally created because r't allow negative thiscussions, so yeah, it is gonna be full of a lot of negative thiscussions.
or maybe he just traded it also for some quick . ![gif](emoteemo_pack_1dancing_wojak)
sold my mined dogecoin for (probably) buy weed with free money (leeched parents' electricty). it would've been worth a little over ,000,000 at its peak. if i had not sold it then i would've sold it when it was worth . if i had not sold it when it was 've sold it when it crashed back down to being . even if i forgot about it until the 2017 bullrun i would've definitely have sold it for ,000. holding when you see your free money double or triple in a few weeks only for it to crash back down again is nigh impossible. especially when .
nah doge is gonna go up to a dollar and then it will become the "dollar."
yeah and i can buy vegas knights jerseys with it!!?! moon
if i send you x amount of ada you will triple it? i'm in...
it's super easy. you just buy bitcoin on coinbase, you transfer it to binance, and trade the bitcoin for bnb, then you transfer the bnb to trustwallet, then you swap the bnb to smartchain, then you go on pancakeswap, set the slippage on 17%, and copy the contract address from coingecko to pancakeswap, set to smartchain of course. then about 31% of your investment is lost on transfer fees. buy a gazillion cumrockets, then slowly watch the value drop to 0.0000000001, but that is not bad, just hold, in a year you wake up as a millionaire. (this is certainly not financial advise)
it's one of uranus' moons, urtesti
thanks for replying, and confirming my theory. it's a thing that i've wondered about for a few years. it's interesting that it is pretty much an exclusively french phenomenon. i still do not understand it, but at least i've localized it. thanks again.
>just because the consensus requires energy does not mean that is energy inefficient, and please stop using carbon dirty to dump on bitcoin, cause our day-to-day is flagged by this in almost all means. if we make it to the thiscussion about energy usage of actual financial system vs bitcoin, you simply cannot because we are comparing a paper system (you know this is true, we are backed by debts) with trustless solid tech, not just some "digital gold". sure it is scarce and is unusable as a currency right now, you can call it "digital gold" at your will, but bitcoin is here to stay, and to grow over the time, meanwhile with mass adoption, more independent developers will join from every country of our world. being inefficient is what makes it inefficient. btc turns the energy of entire countries into waste heat for *7 transactions per second*. sha256 was never meant for such a purpose and is not optimized for this kind of work to start with. core itself is still called *beta* please stop trying to justify this obvious bullshit. there is no technological reason for btc to be scaled so poorly for that kind of energy consumption at this point. btc cannot have mass adoption exactly because of the reasons you've stated, and *it will never change* because core developers wont do it (bch was the result of the last attempt to scale btc l1). if you knew anything of btcs history or its gatekeepers, you'd know this. >with pos governance centralized i didnt mean ethereum lol you clearly meant something by that which is still hyperbolic nonsense
"like how <insert totally unrelated industries to compare to this space like it justifies my crappy arguments>" lol come on.
it is 0% btc as of a month ago, my port is mostly eth and defi now. since most of it has outperformed btc all year i do not regret my choices. earning yield and staking is pretty sweet too. btc is a big shitcoin with terrible "developers" that do nothing, get over it. i did as a 2013 "bitcoin is the greatest thing ever" guy, you can too.
>pos is most definitely a move away from decentralisation. this is not a secret or anything. hyperbolic bs, proof of stake is not just a single universal implementation you can just make a single judgement on. you clearly have not read a single word of documentation about how ethereum casper operates. >it has to move to pos because of congestion, high fees and so on. there is simply no choice. blockchain does not scale enough for a universal machine or whatever. not even close. >a utility coin like ethereum obviously must have cheap gas fees to work. which is why there is a big focus in ethereum on layer 2 options which there are *several* right now being implemented. >pos is not “a solution”, it’s going backward toward central banking and fiat. again, this is no secret or anything. openly acknowledged and obvious. >pos is a choice, not a solution. more hyperbolic bullshit which you again avoid actually explaining your case for. >proof of work already solves proof of stake. see: the bitcoin white paper. lol that does not even make sense, and again you do not explain yourself >here’s why i personally don’t like pos. there is no mining, no difficulty, so the chain(s) have no weight. that opens a can of worms, but it’s ethereum not bitcoin, is a “utility coin” not a “store of value” coin so is not as critically btc's "store of value" crap is just a bad narrative as a cover for why btc still sucks so bad for no real reason other than developer greed and incompetence. "store of value" that can drop 60% in 2 days? eth carries all of the properties btc does tl;dr all of your arguments are poorly explained btc maxi bullshit
to me, scarcity was always an annoying thing for people to value in a crypto. at least it is being pretty blatant about wanting it to just go up in value as its basic function.
exactly! people act like algo's tokenomics will keep it at \~. in reality if there is major news (think a cbdc with a large economy) the price will certainly increase, sure this will trigger the release of more tokens which will taper the extent of that price rise, but 3-4x is definitely possible even in the short term. also, people do not seem to realize that the 2030 date is not a hard stop, if price increases, the thistribution of tokens will be accelerated. so it does not make sense to say "why cannot i just wait until 2029 and then switch all my profits into algo?" that said, algo is a long term hold and now is the time to accumulate.
i did not add any tags actually 😅. that was automatically assigned when i posted this.
of work or of stake. no proof.
pro doge only has 1 hoodie lol. hes the jay leno of crypto.
halo4 version awakened something in me.
synthetic oil? i thought it was coconut oil.
what are you talking about?
from the start i've heard that plant-based meat is not better for you than animal meat, it is just better for the environment.
is fake meat worse or better than real meat?
i do not believe in that science. dude, man has been eating meat since he was created, birds, herbivores and all whatnots. what science of meat do you want besides hunting or raring?
actually the dd found out just how much the hf don’t play by the rules and made everyone aware to hold even harder, and sure, they have all the money in the world to buy everyone, including the sec, shills to flood the subs, the media, etc. agreed that there must be a lot of people that are in it just for the squeeze, but if the price gets any higher and a real possibility of moass happening emerges, there will be so much fomo people coming in, what will they do to drop the price of the stock then? also they are dealing in a daily basis with more and more people buying then selling, they need to post more and more collateral with each dollar rise of the stock, just to not be margin called. but i do believe before everyone else gets tired and decides to sell, they simply won’t be able to keep up anymore, there are just too many shorts out there. and that is considering that whatever is happening with the company won’t have any affect in retail interest at all, but the company is turning itself around. to be honest, i don’t even know what is going to happen if the stock gets to , imagining , that’s 3x amzn, 4x googl. but my plan is to hold long anyway, so the squeeze is just a nice bonus if it happens.
yeah, 100% talking about r, and i suppose i can understand
i heard . maybe he invested in it.
i just wanna know how you got the dancing wojak over here ?
yeah i've just checked online and they confirm that we have to put a space before "?", "!", ";" and ":" but never before "," nor ".". not sure why but rules do not always make sense.
well, if i said that i didnt mean it and you still want to think that i did, not my fault. as i said, if your goal is to move value, you're gonna go for the tps, and as we all know here, that is not bitcoin strenght. meanwhile you are free to value the bitcoin on tps, usd, or whatever number you want, some of us value it as the technology it is. bch was the result of people thinking there should be one dominant crypto and one way to success, and like i said, thats the mentality that brought us to this toxicity levels, thats why everyone hates shitcoin shillers and btc maxis. stop labeling the projects and start to actually believe in this. if you think that we stablished ourselves and are near reaching our potential, you're sooooooo wrong, every coin on this enviroment are babies yet to prove himselves
pass but thanks for your rant, i own some eth too so i’m rooting for us
one at a time. pos is a move toward centralisation. as a user of a pow chain i can join the network as a node and verify independently that the chain i have is valid. if given two valid chains i use the heaviest one. in pos creating a fake yet valid chain is trivial; no work(or very low difficulty) involved. as a node on pos i can’t tell the difference between two valid chains, because there is no weight to them. and please, correct me where i’m wrong because i’ve been asking about this particular scenario for a while, and never get a complete answer, just hand-wavy stuff. so as a new node to the network how can i tell the chain i have is not only valid, but *the* chain? it’s no longer *the* chain because it is the longest. i’ve been told that **trusting** other nodes on the network to store and thisperse the valid chain is fine, that we do this all the time anyway, downloading the software itself for example. i utterly thisagree though, and think that being able to validate independently is a cornerstone of decentralisation and preventing a double spend; *the problem*. (it’s a similar problem with bch; miners indeed do *build* a secure blockchain, nodes secure the network by being able to *independently* verify.) genuine question.
i mean yes, if it were his only feature of course it would be blatant. but the fact that you can always see what you have and how much you gonna have, while you know if it is for you, you always gonna have it, at least for me that is trustless, and i value that much more than the corruptable nature of the human. plus, you can move it around the world. if you want move value instead of exclusively bitcoin, of course there is better options at this moment, do not make me wrong, i would use monero, but as far as i know, im not the only person on this planet, so people that want to do it while enjoy all those other features that bitcoin brings may exist, and they are not wrong for that.
where do you think coconuts come from smooth brain? they're replicant testicles.
even though it probably is healthier in larger quantities since high consumption of red meat has literally been proven to correlate with higher risk of heart thisease, diabetes, cancer, and a few others.
bad vegetable oils among other. the researche is out there
it may be an unpopular opinion but everything i tried from beyond meat was actually really good, i preferred the ground beef over real ground beef and the italian sausages were surprisingly very good. however after learning it’s basically all pressed canola oil i stopped eating it altogether
eating fake meat is not about your health really. its more about how terrible cow industry is for our planet
like anything "real meat" can be good or bad. i mean compared to the awful meat most takeaway places beyondmeat is still probably better for you. same with most processed crap that has "meat" in it lol. if you compare it to free range \\ organic meat probably not. ' like everything the answer is nuanced and cannot be boiled down to "real meat good, fake meat bad". ' i appreciate that does not generate interesting thiscussions or clicks though.
eat real meat 🍖
that's wild to me. and yeah, grammar rules are weird. thank you so much for looking that up and relieving this minor itch of a thought that has been bothering me for a while.
>well, if i said that i didnt mean it and you still want to think that i did, not my fault. it is your fault, you wrote it. think a little bit before you hit that submit button then. >stop labeling the projects and start to actually believe in this. if you think that we stablished ourselves and are near reaching our potential, you're sooooooo wrong, every coin on this enviroment are babies yet to prove himselves i got into btc around 2013 because i do believe in the original ideology behind it, so you can fuck off telling anyone what to think or feel. btc was taken over by dogmatic idiots that turned it into something else, so i moved on.
i did not ask your your worthless reply, keep it to yourself next time then if you do not care for a response. good for you, you still sound like a dipshit btc maxi
are they vegetable or synthetic? i'm confused.
what is wrong with canola oil?
i love their burgers so much.
i mean compared to some of the processed food out there fake meat is definitely better for you than the crap you'd find in tins \\ cheap takeaways.
if you are enlightened enough to care about the cow industries impact on the planet, you should probably care about your own health to.
it's also bad for the cow.
like i know its bad for the planet. but, but... cow taste good. :(
well the sought after mantra is either four legs good, two legs bad; or four legs good, two legs *better*
never done that, maybe it is because i’m french canadian. the only thing i remember is that we should put two spaces after a dot and only one after a comma, none before. interrogation and question marks were treated as dots for this old rule. i hate that written language.
if you believe in the original ideology great! but dont thissmiss someone beliefs just because they are not the same as you. applies on reddit more than other thing, looking for objectivity here is hard. there exist coins for one each of us, choose your ones as i choose mines. i can tell you one thing, we are together on eth at least :')
damn alright then, take care buddy
they are plant based but have some synthetic and highly processed ingredients
check out r. seed oils are not that good for metabolisim apparently.
what i mean is that vegan diet doesnt mean you are eating healthy. you can still be same thisgusting guy eating fast food, but what you eat is more ethical. obviously you should care about what you eat but cutting out meat and fish should be more about making food more sustainable.
to be fair, your personal health matters very little if the planet cannot sustain life...
why exactly? i've known myself my whole life; that dude does **not** make, "good choices."
it's a trade off, is the risk of eating fake meat worse than the risk of dying from some problem caused by climate change; such as lung condition, rising temperatures etc. so you can care about your own health and still eat fake meat.
not really. the way its cooked and seasoned tastes good and you can season alternatives the same way. unseasoned chicken, pork and beef is thisgusting. also it is not bad for the planet it is destroying it completely. if everyone reduced neat intake by half it would create an enormous impact - you do not need to cut out meat entirely, just reduce intake
\>two legs good i too am a fan of eating humans 😎
double spacing after a period used to be a debate. i remember that, but i think it was a typewriter thing, like there was a good reason for double spacing on periods. i think most people have just conformed to the american
their physical form is working great though. instant transaction. untraceable. cold storage.
why not just paste the tweet?
- gets dirty, can transmit thiseases and it is fragile
used to fund criminal activities.
it's pretty nice that it can actually be used as a currency though. aren't currencies supposed to be used for transactions and not hodling until it is worth 50x? seems more like a security to me.
has wide adoption stable value that doesn’t halve itself in under a week insured by banks in case of fraud doesn’t require explaining to someone why they should adopt it
you are a moon farmer from my perspective
this is a copy paste, seen this post before
but this “shitcoin” is backed by guns, bombs, ships and an army. which other shitcoin have that?
so are you hodling us dollars expecting it to 15,000x in the near future or are you using it as a highly effective tool of trade to acquire basic goods and commodities?
this post is becoming a copypasta at this stage
but the dollar does not lose 30% in a week.
guys, i don’t think i can hodl this particular one anymore. i have to sell, i’m out
its naive to assume our 10+ year old crypto is anywhere nearly as developed as the us financial system which has been worked on for over a hundred years by countless people. i am not a hater of crypto but im not fucking delusional. my usd is backed by the fed gov as compared to guys hinging their coins on these sketchy ass exchanges. if you want a safe paper wallet good luck using day to day for purchases. most guys dont even own their coins but keep it on exchange wallets with the promise it comes when the do finally want to cash out. not to mention i have usd cash in my safe i can access even during a power outage
look, i'm very much for crypto, but how many more of those identical posts are we going to see each week? all of them even have the exact same wrong information such as the inflation rate.
1% of holders do not hold 30%. you are confusing wealth with money.
at least 5%, where'd you get that? hasn't inflation been 1-4% yearly for a while? compared to a whole lot of other currencies usd is alright. at least it is somewhat stable.
can i be the one to repost this in a couple of days? i need the moons
mining fiat takes you 8 hours of active proof of work everyday
0 transaction fees actually backed by cash great store of value (doesn't lose 30% in a month) transactions are near instantaneous (no 20 minute transaction time) mass adoption
i'm sure i've seen this post more than few times in the past month.
this post is pretty revealing, because it only shows it looks like a bad *investment vehicle*. no mention about its capability to funtion as a *currency*: - independently spendable from the network - network extremely energy efficient and fast - widespread adoption, every store in the nation accepts it - robust against failure, physical dollars work without any technology - in a bear market for a very long time, encouraging spending, not hoarding - highly stable and predictable, no random swings, allowing for consistent pricing of goods - controller node is democratically controlled by all users without a need for stake or work
except the fact that you can actually use it to for goods and services. the us dollar is a valuable, useful currency. shit coins are literally good for nothing. stop trying to compare them just because they have a few similar nominal amounts.
99% of the people upvoting this would be cashing out into fiat if their crypto investments got to their "made it" levels. why? because fiat is much safer, more reliable and secure than any cryptocurrency. usd is not an investment vehicle. it is an incredibly useful medium of exchange. if you have lots of usd, you do not hold it in cash, you put it in bonds or stocks most likely to keep, but then you cash out into fiat when you need cash. it does not matter that it (usually) has \~1% inflation, because you should not be holding all of your money in cash anyway.
those metrics are relevant for fledgling coins trying to establish a foothold. the us dollar is embraced by billions of consumers, a majority of global businesses, is the only currency used to trade oil (petrodollars), is held by dozens of national banks as a store of value, and is recognized as a global reserve currency. that is not an exhaustive list of its advantages. this is just a bit misleading to people who may know more about crypto than global economics, which i would think is a lot of young people here. there are definitely reasons to throw shade on the dollar, especially right now, but dont get carried away. dont ask for your salary in btc. there is a reason the us dollar was able to prove the viability of fiat currency. it's truly a phenomenon. judging it by the metrics we use for crypto without addressing all the missing contextual info is misleading at best. also, you should adjust your note on inflation. at least 5% a year? no. the goal is 2% and they have come short year after year for a decade now. this is the first time the trend is broken in a while. 2%. 5% is a *drastic* departure from reality even if it does not sound like it.
but it has the biggest marketcap and universal adoption. beats bitcoin hands down
yet it is a globally accepted currency (with some exceptions). that’s the thing cryptos are lacking.
y’all posted this last week; funny to read but littered with inaccuracies. usd has been around for since 1792, is accepted for nearly any transaction across the globe, and the is only thing most crypto owners are seeking when they “invest” in digital currencies (that is, more usd). the crypto bubble is meaningless without the usd, would never exist if crypto maximalists were not so eager to get more usd, and will collapse long before the usd.
already posted so... many times
you all remember your crypto is pegged to the us dollar right? just checking...
can you do coke on bitcoin?
sometimes a single virtue is enough to hide all weaknesses. as long as that virtue exists, the weaknesses remain hidden. dollar is a medium of trade and performs its function very well. as long as dollar remains the best medium of exchange for trade, its weaknesses will not matter. even if dollar collapses sometime in the future, another sovereign or a basket of sovereign currencies will become medium of trade.
i mean i get the sentiment but i would argue that it has not been in a bear market since inception. if you are looking at purchasing power by single unit then sure but if you look at value against other currencies then it gets a little more complex
leaving out one thing. backed by worlds largest most powerful military in existence. feels relevant
cant snort coke through a coin.
- an incompetent and ever changing project team
my counter argument. sh*t on govt currency all you want but without it, you cannot run a country. you need to create more than one kind of currency globally and set them against each other. how would you start a new country without a government currency? tax everyone? what if the people were dirt poor like zimbabwe? it becomes difficult to pay for roads and schools and everything else without a government currency. plus, if we ran on a single crypto system globally, the rich would only get richer and the poor poorer. the rich would pass laws making it illegal to mine (they would be the only ones able to) and if they catch you they would just kill you (they have more money and guns than you). and thus ensuring they still have the power. right now, the us could print a trillion dollars and buy a trillion worth of bitcoin. they would still have power over that guy in alburquerque new mexico in his mom's basement.
this is a shit post that copy and paste the same "talking points" everyone in crypto says about the us fiat. i'm pretty sure i could find multiple posts with this exact same line.
yet everyone here is here to make more usd. don't pretend it is a shitcoin.
yes is the most widely accepted and you do not need any money to have it.(do not need a phone just to be able to spend it). doesn't require any more energy once minted. i think these posts are just a moon farm.
- pow and the mining process is a pain in the ass
-how many times i’ve seen this posted here
*is backed by an enormous military.
you left out one massive factor that makes it not a shitcoin: adoption.
i cant rail a line of coke with a bitcoin though
annnd yet everybody uses it for daily transactions to buy goods and services unlike crypto.
it’s an actual currency not a crypto currency, it might be messed up but can be improved, entire nations run on them unlike bitcoin and you actually traded us$, which is the incentive for 90% of people around the world. you guys sure are people living out of touch with the world in general like those weebs.
a shitcoin backed by the us army.
hence why satoshi created bitcoin 🎉🎉🎉
but the thing it has going for it is world wide adoption.
i always find it funny when people say, “the dollar is bad! crypto is good! crypto is going to replace the dollar!” there’s an interesting principle in economics called, “gresham’s law,” which states that bad money pushes good money out of circulation. the idea is something like this: imagine an economy where dollars and gold are both accepted everywhere as payment. gold has always had value but dollars are just paper issued by the government. if you have both in your possession, and everyone accepts both as payment, which one are you going to get rid of first? the answer is obvious: get rid of the dollars and hold onto the gold (or should i say, “hodl”?). but if *everyone* does this, then dollars will circulate freely and gold will be hoarded by everyone as their reliable backup. the “bad” money (dollars) has just pushed the “good” money (gold) out of circulation. so, counterintuitively, the more reasons you give for saying the dollar is “bad,” the more reasons it will remain the dominant currency over crypto.
this argument is so dumb lol
are we just going to keep reposting this over and over?
difference is that it’s a stable coin and it’s strength is backed by a variety of factors. it’s not worth 50k per coin with no intrinsic value lol edit. i own btc and other cryptos but i this is a horrible comparison
but you forgot backed by military, this makes it legit.
still more faith in the dollar than crypto by a long shot. i love crypto too, but you probably still have a lot of your assets in usd bitcoin? def. not going anywhere.
cpi increased by 5% or more in 1990 and 1982, otherwise it changes by an average of i believe about 2.3% each year. crypto swings by 5% daily all the time. i love crypto and own and am bullish but why post something stupid like this when it is not a valid comparison at all?
* backed by the world’s most powerful military and global empire.
centralized currency does not make sense if you copy paste its data into a decentralized format? color me shocked
ok fkn stop it, we know the fucking joke, ok?!?! hahahahahha dollar is shitcoin fucking reposters
except it does not waste massive amounts of energy and can actually be actively spent instead of only a wasteful speculative
airdropped to hundreds of millions of people
technically speaking, it is also backed by us reserves (like the strategic petroleum, bullion, etc.), its real estate assets, has intrinsic value because of taxes, it is managed by monetary experts, it is widely used and accepted, it is supported by credit assets of one of the most powerful organizations in three world, etc. no crypto has even .1% of the value, as a result, unless of fiat does somehow collapse, i do not see crypto fulfilling any role as a major currency. its value lies in utility, triple pointed assets, etc.
...which is why you’re still measuring the worth of your crypto in usd?
you sound like someone who does not yet pay the majority of their personal bills i can’t do that yet with crypto, and the few times i can, it’s going to cost me crypto-in-kind just to spend on a network fiat only looks like a shitcoin to ppl who have a shit grasp on the function of debt-accounting instruments. you do not want a currency to be appreciable or to “maintain” value unless you just don’t ever want to give a fuck about each upcoming generation after your own; which seems to be the sentiment of westerners at least since the boomer generation
which is why crypto will never succeed. inflation is a very very good thing for a currency.
- accepted as payment literally everywhere
crypto is not based on anything, it is a scam. trust the us dollar instead. even though it is based on nothing
*guaranteed by the strongest economy in the history of the world as opposed to some rando on twitter saying “hodl to the mooooooon 🚀”
multiple trillion dollar stimulus packages creating money out of thin air... a large percent of all dollars in existence printed within the last year... the real truth that no one wants to hear, is that the value of your crypto is not going up. the value of what you're buying it with is going down, fast. billionaires around the world are buying anything, especially property at a breakneck pace to try to run ahead of the massive inflation coming. mark fuckerberg just bought about half of a hawaiian island, and bill gates has purchased american farmland at an alarming pace, recently passing 252,000 acres.
looks like a real currency that has been used for hundreds of years and not a virtual one that it’s not even regulated or something. today i sold all my cryptocurrencies thinking that in case governments want to adopt a crypto currency basically oh wait they don’t have to adopt none of them they just can make their own blockchain and their own technology and how they want it to be. there is no future in the cryptocurrencies in my opinion.
i am absolutely pro crypto currency but these arguments just make the community look so stupid. i understand that this is a comedy post but it captures the overwhelming sentiment of the community. people outside of crypto subreddits are literally laughing at us because of views like this. if the us government had not been able to print money the pandemic would of literally destroyed our economy. sure it may have only prolonged some inevitable collapse but how many resources would have been diverted to crypto if most people could not afford food and shelter? the bull run in crypto is a direct result of excess money supply not the other way around.
how many times are you guys gonna reward this lazy-ass shit repost?
which maybe means supply metrics do not tell the full story.
this dude really just copy and paste the text from a tweet that was already fucking reposted into oblivion. literally the lowest effort post. op wishes they were actually clever like this so bad they plagiarized it.
too bad there is an actual govt to back what it stands for lol. i hope crypto ceases to waste resources. i hope you all have more bit coins than you can ever imagine and that your code is the longest
but it’s backed by the most powerful country in the world...crypto can be banned at anytime by any government. that’s kinda a large advantage. just saying.
i have no idea how so many people have been convinced that it’s a good thing for a currency to gain value over time
yeah i saw that tiktok you stole this from as well
>unlimited supply cap like ethereum?
is there an american only cryptocurrency? i do not like china controlling most of bitcoin
i do not see why a high supply is a bad thing, it is only crypto that seems to believe a limited supply for a currency is a good thing. i do not understand how 1 currency being worth say . can you imagine a supermarket advertising everything as 0.00000001 bitcoin? it does not seem practical to me.
truly fuck banks fuck hyperinflation fuck fiat hodl on brothers from: a hyperinflated bro who will hodl till zero
money printer goes brrrrrrr...
but it has something going for it. (not necessarily that is its a good thing). legal tender status.
1% of holders do not "own 30%" they own equity that is itself worth 30% jeff bezos does not have 180 billion in some bank account. he owns x% of amazon, which ends up being worth around that amount (plus the worth of his homes, etc) thats an incredibly important thistinction plus, the "losing 3% value a year" is important for a healthy economy. if the worth of the dollar steadily increased, it would incentivize holding money, and not investing it.
it has a moat around adoption
it’s backed by the most impressive development team in the history of the world. i wouldn’t doubt them. the adoption is also unparalleled. also it very much does not lose at least 5% of its value every year, but that’s kinda beside the point.
+ has no cool name like elondick
you can tell that about every government issued currency.
i swear i saw the same thing in a tweet yesterday not sure if you copied the same thing and pasted it here.
can be used as (expensive) toilet paper in emergency.
not just the us dollar, almost every fiat has the same problems and crypto definitely solves a lot of these problems mentioned here
27 trillion is a metric fuck ton; it’s hard to wrap ones head around that amount. works out to approx ,000 per us citizen.
1% holders decided to sell & boom
used for illegal transactions
not to sound like a debbie downer but it has one metric in spades that crypto is trying to get... adoption
traces of cocaine can be found in 85%-90% notes
does have world wide adoption tho
to be fair part of the supply is burned every once in a while to take it out of circulation and some of it is also destroyed due to the paper bills wearing down or being lost.
it is a shitcoin
but the problem is that, every crypto uses this particular shit coin as a benchmark and even go so far as to peg their coins against it
this is only because people do not understand politics' role in currencies and economy.
seen this like 50 times now...
seen this post alot. as an economist this fanboyism frustrates me. everything has its place including fiat. fiat promotes trust in the government. a stable currency (which actually inflates around 2% a year) is excellent for trust and confidence in the currency and the government. imagine if your vegetables went up 1000% in price over night? would you be frustrated? worried about starving? look for something more stable? watch a video on hyper inflation in germany, you will understand. secondly stable inflation allows for global investment in american businesses. investors love stability, it helps with the prediction of future returns. therefore more jobs will be created to help the economy have a leg up. thirdly the government can use this currency through taxation and quantitative easing to provide roads, public schools, water cleaning, housing benefits e.t.c all these things would thisappear with thisappear with a decentralised global currency like btc. so ffs, stop hating on fiat, learn both crypto and fiat can work together for the benefit of stability and mankind.
it’s like you guys want crypto to be taken seriously but then you open your mouths...
if you run out press button and printer go brrrr
forgot to mention that a few whales have more money than the majority of the world put together.
sounds like a rug pull to me
they have the guns, thats enough, they can enforce you to accept it. unfortunately, you cannot open a business and say " i only accept bitcoin here or another coin " you are obligated to accept dollars. thats why these hemp coins never came to be adopted, people preferred to pay cash instead of opening accounts in exchanges, thats why the weed dealers only can sell using cash... that sucks but this is the world we have now.
haha i was actually thinking this the other day. crypto sure changes perspective. however 40 percent was minted last year. so it is worse than you think.
everyone wants that shitcoin
it also looks like shitcoin from other fiat perspective since some time
in that case pow is proof of war.
we need to stop looking at cryptocurrencies in terms of its usd value and start looking at it in terms other cryptocurrencies. 1 eth = 1 eth or 1 eth = 0.07 eth there should be a btc standard for crypto where all cryptocurrencys value is measured from.
almost sounds like a ponzi to me
not only usd tho
but they got adoption, gotta give it to them
or maybe crypto perspective doesn’t fit with the reality, which is why it has so many difficulties.
lol, it’s not supposed to have value on its own. it maps to real world work. the income, granted, but the rest of those metrics are arbitrary or irrelevant with respect to what a good currency should be.
please tag this post as comedy because i have not laughed so hard at comments in a long time!! 😂
lmao, bravo and spot on.
ain't that the truth
nice, a repost with added points which are actually factually wrong. i’m all good with bashing usd but i prefer bashing with facts
is that 25% supply thing true?
i don’t think so the us dollar is doing great aswell you should try spraying crypto in a club
what is the node?
that's cause it is
where do the 25% supply growth and 5% inflation numbers come from? just curious because those are a lot higher than what i’ve seen.
not to talk about security
can still get you a burger at mcdonald's, or pretty much anything else available in the world. how does that stack up ?
it actually is a shitcoin the only thing that has more than other coins is the amount of trust of the ppl that use it and trade with it
brb just putting the rest of my usd into ada
used to find crime
you are forgetting one vital difference
yes, hilarious. very funny. ha ha.
wow it’s like this has been posted quite a lot lately...
that's exactly why adoption is everything
the us dollar has also been used for illegal activities over the years smh.
maybe you should reevaluate your metrics
i remember this is exactly the same arguments the toilet paper bulls are saying during the peak of the pandemic.
should be renamed to dogalar
the only use case is to use it to pay our taxes... sigh/
boomers "it is been around for hundreds of years and it works"
but useful when snorting powders
yea but you are forgetting the the trust and overall percent usage in the population. so therefore not a shitcoin at all
has a striking resemblance to doge...
what an original perspective!
i know this is a very popular opinion around here, but even from crypto perspective the usd is a fantastic coin. the bear market thing is wrong when you look at the usd vs other govcoins charts. tokenomics does not make or break a coin, adoption does.
you forgot the best part, crypto is measured in us dollar value. the end.
what is this common repost from the daily thread doing at the top of the frontpage...
and also, for now anyways and probably waited a few decades into the future at least, the global reserve currency. honestly i sometimes do not understand this sub's seemingly reckless hate for the usd. it's one of, if not the, best fiat currency in the world
op, got a question if the us dollar keeps crapping, why do cryptocurrencies still gets pegged to it? why is there no peg to a more stable entity?
it has global adoption though, so it’s a successful shitcoin that everyone in the middle of the bell curve was betting against.
us a dollar is just a massive rugpool scheme that has taken more than a century to happen
remind me when bitcoin has the world’s strongest military backing its value. i’ll wait.
and used by criminals
well that’s the power of the petrol dollar for you. get rid of the petrol dollar and we (the usa) goes bankrupt real quick
yes but i will like to have billions of that shit coins
what it has that crypto needs? world wide adoption.
on the flip side, it can be used as a straw
can be used to actually buy stuff
that’s why i sold my holdings of this shitcoin. they lured me in decades ago, but i finally was able to get rid of it.
can't be used world wide
it is jsit since the 70'
it's not like a shitcoin. it is a shitcoin.
hi guys! i don’t know much about crypto, but seeing posts like this, comparing crypto currencies to state-backed currencies makes me wonder— isn’t it a strength of state-backed currencies like the dollar that the value is relatively stable, losing a small amount of value over time? the value of cryptos seems to fluctuate unpredictably, wouldn’t that make it difficult to use as a primary currency? like if the bank loaned me some crypto, and then the value of the crypto skyrocketed, as some cryptos have done, wouldn’t that mean the amount that i owe the bank, in terms of real value, would have just skyrocketed? i hope this isn’t taken the wrong way, i’m not trying to take down crypto, i’m just worried there’s something i’m not understanding. thanks!
lol i swear i saw this exact same post a few weeks ago
except that one is backed by the most advanced and powerful military in the world as well as a vast industrial and scientific powerhouse and one is backed by a bunch of asics in china.
yup, you are definitely gonna cashout in this sh*tcoin too. once your crypto hits the moon right?
wow. did some real homework here...
pretty crazy they just keep printing massive amounts of new dollars
how do you short the us dollar? asking for friend.
the only reason the dollar became so strong is because there was a contract made in the 70’s with all the petroleum producing countries, that the currency that has to be used for business will be the dollar. the “petro dollar”. that contract is about to be up. i don’t think they will be using the dollar again. maybe the digital yen. who knows. bye bye dollar even more.
not to mention their is not even close enough fiat for everyone to even withdrawal to physical cash
great for sniffing cocaine, can your shit coin do that?!?
haven’t seen this 15 times
easily stolen by gunpoint to your face.
its the illuminati coin!
but you cannot do blow with
yes and a "currency" that wildly fluctuates in value is such a good thing we certainly wouldnt want stability near our currencies
op, please get the facts right, the 1% hold closer to %60 please edit.
so doge is better than the dollar! !
1 node is total bs. it has many nodes that do not confirm against one another. it's far worse than you made it out to be, it could be on a false chain and the client has to accept it because the node owner (bank) is god. bank says you do not have the money you thought you had? no other bank is going to back you up.
100% controlled by whales!
once you have a variety of monetary policies to choose from you have a frame of reference from which to compare existing fiat currencies. you quickly realize they are all shit and they are designed to make a few rich at the expense of everyone else.
i love how you just copy...
the us dollar makes it very easy for the us to tax all holders by inflating the supply. and this is why 2008 happened and why bitcoin was born. because fiat is the original shitcoin. crypto is a hydra, it always grows more heads. and you can program it. have you ever programmed a hydra? it \~\~\~\~ you up.
its amazing how all the us dollar stats have been reposted in the past month. you can literally look it up and you’ll find dozens of this type of post
it used to be deflationary
it’s also got a huge carbon footprint but that’s any fiat
can be used to buy ice cream. at least we know which percentage is hold by the super rich.
haha yup. they should add these metrics to coin marketcap lol so it fits right in.
whole countries getting rugged on the daily
backed by federal reserve and american military. does but plunges based on a tweet (donald trump twitted a lot and it was stable) glass houses.
my uncle posted this on fb the other day.
yeah, however unlike crypto, it is literally backed by the military force of the planet. so, who’s gonna thisagree, nobody.
so, you saw the meme too i see?
the only good thing about the us dollar - it is supported worldwide.
ah yes, usd... the biggest shitcoin ever made
and you can spend it all over the world. and it is the only currency you can pay us taxes in to keep yourself out of prison. what a shitcoin!
still useful, what will i put between strippers but cheeks?
no privacy and terrible security
really good utilization tho
it is universally accepted.
that the whole usa economics on a nutshell
-consumer protection and insurance federally insured -fraudlent action can easily be reversed -brand name is more powerful than bitcoin
this content again lmao
this is a copypasta of the famous meme but yeah.
actually contains traces of shit
wrong. it’s shit paper. as is the yuan, the pound, and the ruble.
at least it is stable
you copied this from andrei jikh's video lmao so cringe to try so hard to karma whore like this
getting kinda tired of this meme. especially everyone posting it like it was their own original idea.
- is number 1 currency of criminal activity.
it doesn’t crash to half it’s worth overnight lol
why the usd loses 5% value per year if the us inflation is around 1-2%per year?
founders must organized the military invasion of other countries and replace heads of state with one's who agree to buy oil with , ensuring demand for their shit coin.
yeah i totally understand what your saying, but given the market’s behavior this morning compared with my traditional investment portfolio- all of crypto is looking like shit coins today.
sweet! shitcoins have been getting the most action lately! lol
dirty dirty fiat 😤😤
all fiat currencies are sh*t coins without functional value. throughout history, a number of intersubjective belief systems have kept order. the current monetary system has been outdated long time ago. the technology can replace central authorities that are prone to corruption. the challenge, however, for cryptocurrencies is to gain critical mass of belief. once it happens, the paper bills will be replaced the same way as stones, salt, and other artifacts that had been used as storage of value in the past.
market cap of 27 trillion
slow joe biden has influence on it...enough said
that’s why they made crypto! lol
let me know when a shitcoin raises a nuclear armed military with bases all over the world and battleships to protect the merchant marines and i'll invest
i saw this post at least 30 times past week ...
pays your bills ... stop being delusional and think crypto can replace the most valuable currency in the world.
yes it is a shitcoin that is widely accepted and has been in used and trusted for ages.
the dollar absolutely does not lose “at least” 5% every year. average inflation is 2.01%, even on 2021 when we printed 20% of the worlds currency in circulation last year the inflation rate is only 4.16%.
it is, not sure there was ever debate about that. lol
first time seeing this. real eye opening
looks like a shitcoin, smells like a shitcoin. must be...
> \- only 1 node lmao shit
you‘re forgetting this one node will start wars, topple regimes and do anything else an empire does, however wicked, in order to maintain the world order based on the dollar. now let the downvote party begin.
dont forget. almost untracable and the black market uses it a lot. like they try to blame crypto for it. lol
that's because usd is meant to be spent and invested not f*cking hedl forever and speculated on like crypto.
close to nothing staking rewards.
u.s. dollar is still widely used to snort drugs. it’s not a sh*t coin, it’s a “snitz coin”.
this meme just won’t die
but the usd does not lose 70% of its value in one day.
isn’t it funny the value of the cryptos is based on fiat currency? take away the fiat, what’s it really worth?
can you snort coke out of a bitcoin? huh?
i know people here love crypto but until there is a credible coin that represents work done not energy wasted i see no value in it.
but crypto cannot be rolled up snort shizz
lemme see you snort some coke with a bitcoin.
but backed by a government and its military
we've all seen the meme already, thnx
how many times is someone gonna repost this cringe?
there's only one thing that makes it not a shitcoin. it's backed by everything the americans own, their dreams and future. if we have to separate that from it then yes... it looks like a shitcoin. but overall it is not. and we hope our crypto will rise to the moon not by having the dollar going to the abyss. why have 1 btc that is worth .
dont be so quick to judge our shitcoin. there is a way to fix the current issue. raise rates by a percent and keep going until balance. it'll take 5 to 7 years, but it will get better as it should. also, it is a mistake to think billionaires are cash rich! most of them hold all their assets in stocks, loaning money at insane rates to speculators, land, housing, businesses, crypto etc etc. what we need is total decentralization of the financial system. we also need to stop caring about what any single country or person says or does. leave them alone and move on. hodl and stop selling at all if you believe in the tech and reasoning behind your investment. also, trading for speculation is great too, but only with money you can loose. and expect to blow out one or two accounts. i'm on 1 personally.
and the consensus protocol is proof of war (powar)
crypto drops over 40% in a giant one day crash. dollar does not. when crypto drops 40% people are fine. if us dollar plummets that far and does not recover same day people lose homes, lively hood and jump from buildings. see great depression. this sub is such garbage now. just posts pretending crypto is so far superior then the dollar in every way. ready to drop the dollar tomorrow. moon farmers.
the us dollar is used as far away as the north korean black market.
1% do not own 30% usd. they own the wealth equivalent to 30% usd. educate yourself.
time to short usd. ez long term investment
just heard this on bankless...
can someone teach me how to snort a line of coke with crypto?
i thislike crypto but you make a fine point!
saw that tweet too haha
illegal transactions cannot be tracked too
not to mention it’s environmental impact!
so tired of seeing this.
the thing is, it is what everyone uses. and everyone wants it. therefore it is an actual currency. it also has the benefit of being at a roughly good value for buying anything from a snack bar to a house. and it maintains that value very well for how much it is traded. no one wants to buy a car and realize if they waited approx 4.1 hours they could have spent 7%less of their currency on it...
only difference i see is when the day comes that both are worthless, you can at least burn the dollar bills for heat.
and it tastes bad
i can buy something with a dollar tho
hmmm its almost like the us dollar is an actual currency that people use for exchange and encouraging people to hoard it would crash the economy. i do not see why most cryptos are even called currency when hardly anyone uses them to exchange for anything except the us dollar.
usd is based on debt and dividends on debt...and dividends upon the dividends. hence why its being ditched by other nations as a standard currency for trade. ' any currency not backed by gold is worthless.
all-natural gluten-free 0 trans-fats low sodium no gmos just 5 calories per coin tastes like virtual chicken
really hate the us dollar
you can’t snort blow through a yeet coin though can you
- backed by us economy and trillions of usd denominated loans (essentially proof of stake, if usd fails, then us fails) - is widely exchanged for goods and services
you should all be glad inflation is a thing. inflation is good, very good. it’s something that is good for the economy and good for you.
give it a rest already with this beating of a dead horse meme. we get it. fiat sucks
that is because it is
i see the dollar as a medium of transfer, rather then a store of value, in my opinion anything which you plan to keep in monetary value has gotta be in stocks, gold to crypto. the dollar is only there to make it easier to do everything.
yup pretty much. never thought i would see the day when i would say what's another trillion.
...if your mental model of how currency works makes you think the usd is crappy, you just have a bad model.
there is more than 27 trillion lmao but yes you're correct it looks like a shit coin. also no 25% was not minted in the last year. that's m2 supply increases by 25% which means the amount of savings supply increases. yes 7 trillion was printed but 7 trillion is not 25% of the total supply. total usd supply is a much larger figure that includes real estate values, stocks, bonds, mutual funds, etc. all that value tied up. m2 is just liquid assets. saying m2 is the supply would be like saying all your staked coins are not part of the market cap.
maybe because it functions like a currency which basically not a single cryptocurrency does. if money is volitile who wants to use it, and if it’s expected to just gain value over time who would want to buy anything with it?
these are some crazy facts.
just like tether, except tether is not regulated and used to pump the whole market. this will all come crashing down very soon
strippers burying it inside...
is tomorrow my turn to post this?
it's backed by a literal world superpower
and yet, bitcoin's value is totally based on the us dollar.
i like how you count only negatives in your example. but i guess you have a higher ground with all the upvotes for low effort meme repost i see here almost every day.
i like how you did not mention the demand for it. this is why no one takes you people seriously. your business model is "elon pls tweet pls"
only losing 3% of its value a year is pretty good compared to every coin right now
yeah wait for inflation after 6 trillion dollar bill...
what shitcoin is accepted by virtually all business in the world?
i know crypto people do not want to hear this but a moderate inflation of 1-3% is actually good for the economy. inflation makes investment affordable.
crypto just needs a military now.
sell usd buy more coins got it
explain to me how cryptocurrency defeats the problems of any other fiat currency.
i think people here get caught up on "utility" too much. something can be valuable just because people think it is valuable, and that is fine.
this shows network effect is king
every time a coin goes up, people shit on it
damn fools printing and spending money like it is their grand father’s inheritance. dope is our only hope and crypto is the only dope for the future 😂
bitcoin is a shitcoin for the rich. *the more you know*
you forgot universal adoption
idk if i agree. the usd is a stable currency of 1 dollar, yet the problem lies in inflation and not willing to pay down debts and just print the gov budget. which makes you think why pay taxes if the gov can just print money? i think the usd is great, but politics have destroyed it. biden's new plan is suppose to br funded by just printing the funds i heard. could be wrong correct me with im wrong.
probably because most of the specs you list are nothing more than. marketing terms for garbage pyramid schemes.
assuming this is an upvote farmer, so down voting and blocking.
this joke has been beaten to death already. it was funny the first time 2 weeks ago.
well, highly mintable - 6 trillion more coming.
1 and 2 are irrelevant 4 is the same as btc 6 also irrelevant 7 and 8 is why you own stocks.
at least it does not cost gpus and backed by world body powerful military
except for... um... people actually buy stuff with it?
wow this post again gets more insightful everytime
basically every other currency seems that way😅
it's going to be more like 4-6% losses a year to inflation.
...lol...except most main cryptos havent lost more than 3% a year...they have grown way more over the long run...we are in the infancy of the digital age...in 20 years...the usd and others will be on the back burner...
yeah it’s also worth a total of 1 dollar lmao
tether is claiming to be building 5 billion in liquid cash assets every single month straight through a pandemic. that would make them the most valuable company on earth if it was true. if too many of you sell the exchanges are going to offer you only tether not real money. they don’t actually have the real money.
hahah crypto stans losing their minds
i’ll take an inflationary currency that i can actually use over crypto any day.
not a fan of the project behind it either.
oh man, i've been seeing this almost every day for the past week. and here it is again but with 5k upvotes...
can fund bridges and infrastructure.
and it’s the currency of the world’s arms supplier.
more imortantly it controls the world. like it or not.
recycled shit. jesus i've seen this 20 times this week alone.
this is why people make fun of crypto people
this tells me 1 thing, when crypto takes over the world, the absolute maximum potential value of shitcoins is 1 dollar per coin while the serious projects will be on the moon, mars or in another solar system entirely.
i swear this gets posted every single day
this is whats wrong with the crypto community. they look at arbitrary numbers and value cryptocurrency as an investment, rather than a currency. the metric for a currency is the ability to actually use it for payments, acceptance by others, stability, etc.
400% of the supply minted in the last 2 years***
who gets to repost this next? ez moonfarming
let’s see. print too many dollars and dollar loses value. create too much crypto and the same. people use dollars and crypto for money laundering, human trafficking, funding wars, extortion and drug cartels. corporations hide money from taxes in off shore bank accounts. crypto is mined in china. dollars are backed by the government and not based on gold. people ask how they have value. crypto is based on mining or staking. people say it is imaginary. both exist electronically and many see a day when dollars don’t need to be printed. the value of a dollar fluctuates constantly as does crypto. you report how many dollars you have to the irs to determine what your taxes are. crypto is seen as an asset subject to a tax. what is the difference between these again????
it's a scam. don't buy...
actually used by people though
for everyone on the fence about investing into bitcoin and thinking you're too late. just read these comments. you are still very early
all tokens are fungible except for some rare failed presses which become worth more than their denomination.
inflation has not been hitting 3% every year...
if money gained value over time there would be no liquidity.
the us dollar is absolutely junk. it's why i have 6 dollars in my checking account and thousands in crytpo, stocks, and other assets. i'm not leaving my digital numbers in my bank for a fraction of a second longer then i have to. it goes in, it goes right out.
cringe crypto posts lol.
i mean, most crypto users don’t want it to be a currency. and if it became one, it would act the same way as the usd
that's why investors with half a brain do not leave their money in cash of any kind. it's not a productive asset.
\-backed by the strongest economy and most powerful military in the known universe
you forgot the part about widespread adoption and lack of volatility.
i have a neophyte question regarding the argument of "crypto is not tangible, what can you but with it?" in a given month, 99-100% of my transactions with fiat are electronic, virtual, and ledger based...so, what can you do with crypto? accept its stored value and let me use it to pay my mortgage, my credit card bills, my son's tuition...as the use of it grows, the volatility will resolve, and it will just become stored value, which will come from the mainstream use of it.
and we constantly get rugged by the banks
true but it takes decades for it to have a 50% drop in value, not a few days like what happened a few weeks ago. granted crypto gains can be unreal and on the macro scale have been going up, i’m just pointing out the fact that the drops can be severe which you do not see with fiat in a short amount of time.
>- loses at least 3% of value every year >- in a bear market since its conception yeah, because it is a currency. deflation is terrible for currencies.
they even have the “dollar army” to back it, like the xrp army (and this is bad-ass one - just ask saddam and gaddafi ! )
no intrinsic value. note for debt... fiat
inflation is a feature not a bug. invest or die.
i can see how an uneducated person might see things that way.
this has been posted a million times lately how did it get upvotes lol
every time when election is near, there will simply be more money printing to buy votes, so the devaluation will always continue. also recession would not be allow to happen because the fear of losing elections, so everytime when economy slows, they are forced to print more money, it is a vicious cycle. basically the whole world runs like this right now.
easily accepted in all country and vendor. we can control the supply of dollars, except why when it’s the international currency and we benefit the most by printing it
opposing argument: didnt lose 50% of its purchase power in the last month
and somehow still the only currency that matters. just think, without fiat, how would you buy the beloved crypto? by selling a limb? all currency is still inherently connected and cannot be separated by way of dependency of each other which is shown in the transactions that occur every day. your point is a fallacy
anyone do not want this shitcoin, i provide free of charge service to help you thispose
fort knox not mount gox
it's shit until you actually need to use it to buy things instantly.
damn what a shitcoin
but unlike crypto, i can pay my needs of living with it
bitcoin is now taxable amoungst sale...
looks like like the regular (us) dollar
watch out for an upcoming rug pull. usd whales are cunts
mom! it was my turn to post this and farm moons!
bruh, do you even **argentine peso**?
everytime someone asks me to explain doge... i basically say "it is like the us dollar..." and then i ramble off this list in doge terms lol
you forget one aspect. legal tender, taxes must be paid with it. if not, be ready to go to jail.
how will people snort cocaine with bitcoin? checkmate snowflakes.
its actually worse than a shitcoin... i only keep about 10% of my net in cash
i seen this somewhere before
almost like it is designed to actually be used as a currency and not part of a pump-and-dump get-rich-quick-scheme.
this was their best coin before crypto. now imagine when all this value moves to crypto.
if you owe money, it seems good to owe it in these
its been a while i've seen a decent thread here that isnt bashing about bashers bashing bashers
do people still use cash? i'm half joking, but seriously have not used cash in 5 years (unless someone feels the need to severely inconvenience me by messing me find a bank or atm). the "physicality" of cash just feels like a novelty to me: "oh look, i can hold it, that is pretty neat" being able to "touch" money is neat... and that is it. otherwise, it is just a major inconvenience with no actual benefits (unless you consider "being able to permanently misplace your cash" a benefit).
doge has an unlimited supply.
i know this is meant as a joke, but honestly, it is not that far off. imho crypto is far from something we could use as a real currency today in a day-to-day way as we do with usual money. power impact is way too high, bookings too slow and it is highly volatile. it's still more of a speculative thing. for the usual currencies - the were more solid. can only talk about the past i germany, but here the gov. had to keep at least 50% of all circulating money as gold reserve. so there was a hard material worth against the circulating money and a system based - at half - on trust in the currency and state. mind you the fed in germany is (or was, now there is an eu wide one) in place from the government but they have no legislation etc. over it. it's a separate entity to the gov. anyway - that was good, till they decided to give the banks the power to create money. back then a bank had to deposit a certain amount of credit at the fed. they made the money with the payments and credit rates. now if a bank gives a credit, they can lend out like 6-times of the rate they actually had. or something like that. they basically create money. and with the fed keeping the rates so low, the market is flooded with money as fuck. that's why the whole market is way above reality. and it will surely crush again. in the us because a lot of regulation was blocked in the obama time by the gop or rolled back by trump. in the eu because the uk blocked a lot of legislation, as they have huge finance sectors. it's not a question about if, but when. and 2008 will be a joke against it. back then it was "only" the house market. now it hits a fuckload of sectors, because those with way too much money do not know what to do with it and invest more and more with prices going up. example was a company buying an object with a lot of tennants for 600k €. they had 100k in own money, rest was credit. they sold the object for 1.4 mil... so they made 800k. and the object itself? dunno about the real numbers, but let us say it has 10 appartements for 800€. that's around 100k a year. not including any additional costs for repairs etc. even with double the rent, it would take ages to get the investment back. that's why they sell so much shit. and as soon as a point is hit, were there nobody willing to pay the new price... well. dunno what the rates are, but it could be a problem to pay the bank the rates back. depending on the credit rate. damn. just wrote away. that's become more of an off topic rant. sorry. :)
looks like a shit coin from a non-wealthy american's perspective too...
it’s that time we all decry the exact thing we are using crypto to accumulate more of 🙄
a sh*t coin? i see it as a scam since every year is losing value, i have literally very low cash used for living, all the other is into crypto and stocks
total circulating supply: unkown.you own the keys?no.fiat money belongs to the banks.they can collect them back anytime.official wallets:the banks.can we trust them?: haha
usd is literally minus >99% since inception, its chart would look like a failed shitcoin from 2015.
holy s h i t, first time i see it like this, thanks for waking me up😀
&nbsp; and avoiding taxes &nbsp; the only two redeeming qualities. &nbsp;
usd will eventually become one on the glorious day we ditch the banks
now compare it to gold.
also new coin could be minted at any time.
imagine buying a shitcoin that deflates in value!
the most bearish shitcoin there is.
whale cannot be seen
this is going to the frontpage, only read the headline and just know it :d
i've been stacking usdt for ages... never seems to moon. you guys having the same problem?
well think about try it gets worse, same fundamentals but loosing %2 per month, and one trillion and ninety-five billion five hundred thirteen million six hundred thousand lost from the national bank, no one knows where it went, even the economists are saying "buy honey, even it will have more value than try next year". anyways thats what got me into crypto thanks if you read.
if you ever watch "casa de papel" netflix series where they enter the state mint and start planning a way out to taking out the gold; there is at a certain point a thiscussion among the thieves of how will the spanish system...they start laughing and say the institutions will do like they always do...they will just print more
i love this way of thinking of the us dollar lol... i am so glad im invested in crypto at times like these haha
nodes can double spend at will
it's value is also ties to oil trading so...
this is a keeper.
good point! if it was refined and without serious flaws, the crypto community wouldn't be working to replace it
oh wow first time i’ve seen this one
so basically the same as usdt?
debt created everytime printed is a feature?
you forgot to mention it is volatile. it literally flies to the wind.
yes just look at the dollar ever since it was created just down down down why invest in that shitcoin
aricraft carriers, nuclear weapons, the world's most advanced military in the world. this impacts the us dollar, do not kid yourself.
i’m sure andrei jikh inspired you to make this post :d
not to mention the environmental impact of producing it, and not just the paper money, the coins too.
that’s really quite scared how all the negatives add up- stay away from this sh*t coin 😂
just a shame the fiat bulls chose the worst car company to name themselves after!
first time i read this this month
suddenly even doge looks responsible
it has great utility though, and its inflationary design forces people to invest to save (which has benefits... although people need to be aware of this), or spend it which stimulates the economy. however it is out of control. you're basically arguing that pow coins (like bitcoin and litecoin) with a limited capped supply are the real winners and are worth keeping around. which i agree with.
clearly you have no education in economics lol. you didn’t point out a single thisadvantage or flaw about fiat compared to blockchain
agreed. also, let me know when i can snort coke with crypto.
perfect for criminal activities
never seen a stripper put crypto in her ass crack...
not to mention it’s backed by the world’s strongest military.
life of a ransom-wear hacker is becoming easy as well with crypto. i hope there is a way to handle this, may be a crypto dye pack, like the conventional dye packs the banks use in case of a bank robbery.
yeah too bad the central bank wants to make a fully traceable digital dollar
privacy too. with crypto every rando can see what you own and who you transact with. transparency at the cost of privacy is a problem crypto needs to solve before it can replace existing money.
it is traceable if wanted
untraceable? isn’t every single one individually serialized?
> instant transaction in person only. > untraceable they have serial numbers.
dollars are not really untraceable tho, each one literally has its own number
and dont forget a worldwide 100% adoption and acceptance rate.
they can transmit thiseases and you can burn or corrupt them tho
can be stolen, unless you keep it safe.
“doxxed team, locked contract”
the iota token works out fine for you i guess. the new update from last month enables transaction times of ~7 seconds. iota also has fee-less transactions due to its unique directed-acyclic-graph (dag) structure, which makes true scalability possible. edit1: the so-called tangle is free2use, permission-less and anonym
could be used for blow...lol
can be used to snort cocaine and buy chicken tendies
checks fridge for leftover fiat
curious how many of those notes expire. many notes that enter the bank are sent to be destroyed because of tears or kinks in the note from use, or people drawing bill murray's face on the .
any you can throw them at people and they like it!
except they can be faked, they are serialized so you still have to use a tumbler if they are tainted, and they are physically destructible.
escobar tried out that cold storage and lost most of it to rot.
while staking your investment is insured up to 100k.
what if someone stole it by pointing a gun on you?
not exactly untraceable, they are serialized and theres trace dna.
can carry viruses like you would not believe, though.
and waste that sweet sweet karma?????
i've seen this posted 7+ times on twitter
why not just stop posting this over and over seriously i’ve seen this about 15 times
counterfeit, just like 1% of usd.
great idea! ill dig some nice tweets and earn some free karma! lmao…
moons are great for the community
i've seen this posted on here an on every alt sub like a trillion times 😭
it’s not like that the original. people have been saying this for a while.
wish i had another free award to give you.
noo! why post original content when you can just steal content from twitter and be a karma whore 🤪
i think that was already reposted a couple weeks ago
is weak against fire
you can’t roll up a crypto to snort lines through it.
thank god i dont own any us dollars... only euros.
i partially agree with op but its still hypocrisy. we see these posts every day. and all the people who write them still use fiat to weigh their crypto and cry when their coins cost less fiat
so you're all in for removing cash, allowing the government to fully control your money, putting a time limit on your money meaning you have to spend it quickly which gives you no savings, negative interest rates etc??. people really are brainwashed slaves.
almost certainly contains traces of cocaine
easily lost or misplaced
and used to launder money and organized crime.
it's used by criminals and money launders . they should ban the dollar.
don't forget you can also make fake bills
only real world use case is cocaine delivery system
u speaks american, laughs in canadian and ausie
redditor in a nutshell.
its crazy to me that the us dollar is still made out of paper... i guess technically cotton and linen or whatever the heck. so fragile and porous. i'm from canada, we have polymer dollars. never worry about getting your money wet. at the beginning of the pandemic when i was still using cash, i would wash my money in the sink!! launder it, if you will...
are you talking about me?
contains trace amount of cocaine
doesn't use more electricity than sweden or argentina
actively used to evade taxes as well.
exactly! and it is value continues to deprecate
this is so true it hurts lol
alot of fossil fuels are burnt to produce it and keep it in play
don’t forget offshore accounts...
true, but on the plus side, you can use it to fund criminal activities
i missed this one
preferred currency to lounder money in the world
majority of crypto transactions are for gambling or criminal activities...
bitcoin and deep web :)
oh yes because crypto, criminals and the dark markets have never once intertwined
heavly and is build up for corruption
wait, do not you want to set prices on your store and literally receive a random amount of value depending on the unexpected but extremely huge swings in the value of your currency?
near 100% acceptance by all merchants in both digital and physical form backed by the world’s largest military force backed by 100% of the world’s largest corporations, institutions, and organizations acceptable on most marketplaces accepted by irs near-instant transactions kyc not required on most transactions largest market cap
backed by government economic stimulus social benefits people actually spend it due to inflation
can handle more than 5 tps. (bitcoin lame for this. blockstream trick y'all man)
that 1% will never get rid of it...
backed by us military
this. comparing the us dollar to a shitcoin is just stupid and does not help the adoption of crypto.
if you can use volatility against then you should also look at the opposite side as well. ' \*doesn't triple it is value in a week
> insured by banks in case of fraud we should not need that.
i literally have it posted from a week ago and there was also a guy from tiktok saying all these as well
it's also fucking stupid given that the usd is the most stable currency on the planet... maybe when the usd loses 60% of its value in 3 days, we can start comparing them. shit like this is so fucking delusional and honestly it scares people away from crypto. stop acting like fucking 12 year old libertarians.
i dont mind. the more it get's around, the more people can get the message about how we've been fucked over by the private central banks.
also backed by the entire gdp of the (arguably) most powerful country in the world.
haha never thought about it this way :d
also, dont you exchange coins to usd so you can actually buy stuff? and coins are valued based off the dollar? i know we all want crypto to be mainstream but this is just nonsense.
and the gdp of the american people...but you know...
being backed by the most powerful state in human history has its perks.
that's kind of the whole point though. people are incentivized to spend it rather than hoard it. that's better for an economy.
...and ironically it is the only currency (well, fiat in general) that seems to matter in the crypto markets.
wait is the op not sarcastic? i thought everyone here knew the comparison was absurd.
exactly too many people holding on exchanges
wow a sane comment. holy fuck
>readabookmorons there is a difference between mass adoption and being developed. the blockchain is already being used by banks in the backend, so the technology is already part of the system without us knowing. it will take years, maybe a generation for mass adoption and it will happen in some parts of the world first .
i thought the us financial system is a complete scam?
> its naive to assume our 10+ year old crypto is anywhere nearly as developed as the us financial system which has been worked on for over a hundred years by countless people. longevity is no defence. brick and mortar stores have been obliterated by amazon, posted letters by email, etc.
cryptos are volatile because they are more speculative than practical, but the fact that they are so volatile is also what is making them more difficult to become practical. stablecoins are a stopgap solution. they can help the ease of adoption for all of these reasons. but, when you have millions or billions of people sending digital currencies around every day and integrated into this new ecosystem, the migration from a dollar-pegged stablecoin to a higher quality coin (not necessarily btc) has a much lower transition cost. it might even be just a few taps away. no new accounts. nothing new to learn. it's situations like this, when friction is so low that a simple event in the news could trigger one of these "overnight" revolutions.
nobody who still believes in the original principles of crypto wants to use stable coins. i agree with everything else you said though. ltc, bch and xmr are doing a pretty good job of picking up where btc left off imo.
ye, it has around 2% for as long as i can remember. it's big news that 3% is expected this year. 5% is just wrong (though not impossible in the next few years).
yea, its stable, and inflation is a good thing, especially in our hyper polarized economy, and even more so with how debt based it is. i have, between me and my wife, 140k in student loan debt (law school), so the more inflation the better lol.
edit: my comment was wrong my bad
will easily be 5% this year tho
i am getting around 10% more usdt for my sterling than i was in january was £100 is now around
usd really a shitcoin hummmm
not a healthy take to circulate in this community, either. its misleading at best.
and i'm sure i will be seing this post more than a few times in the coming months...
yes, but have we circle-jerked to this specific one?
i look at crypto like the natural evolution of money. if currency is a system of systems, this is an added layer to it. this happens in nature as well.
this is an interesting way to look at it. my goal with crypto is to by a house, so yeah i’m just going to transfer enough into a stable coin “usd” to acquire a different asset class.
it may have been around since 1792 but for the rest of the world it did not mean much until after ww2 and since 2000 its been losing value fast. sure, it may still be the de facto currency used around the globe for the moment but i wouldn't be surprised if in the next 20-30 years the world moves onto something else as the us keeps hopping from one political crisis to another.
this sub is turning into a moonfarm
it seems this sub is full of goldfish
...or their country currency. not everyone lives in usa.
agree, completely clueless and ignorant op. sad to see the state of this sub.
also backed by us military.
used by the entire planet as the world reserve currency, world oil trade is only done through usd, and is backed by the strongest military in history. definitely not bad.
which requires more printing and more devaluation every year with increasing volume and frequency until ...
how is that? inflation is certainly good for outstanding debt and growth of an economy as it stimulates investment. it isn’t good for my personal wealth though. it fuels a need to invest and stay ahead of inflation but infinite growth is not possible with finite resources. that is why capitalism will eventually fail but that’s another concern altogether.
how did you get an inside video of the tether headquarters?
shh you're making people here angry
most impressive dev team? could you provide source? i'd like to read about it.
> it’s backed by the most impressive development team in the history of the world. so were horses and candles.
it sounds like a lot now, but as global reserve currency controllers we can inflate down that debt, unlike most countries. same thing we did to pay off the debt after wwii. and covid was a war as well.
good post, but it’s too long for the moonbois to read, will get buried among all the other
the guys on this sub are butthurt morons. don't waste your time.
not really... serial numbers.
ain’t that the truth
i‘ve heard that’s it’s main use-case
just because crypto is volatile now, does not mean it will be volatile forever.
trying to explain basic economics on this board will result in downvotes, potentially a ban
yes because it’s a currency, something that crypto currency seemingly is not. so it’s drive in value is speculation gambling.
but why would any of us actually use crypto as a currency? genuinely in day to day use the only thing i could see it being viable for is buying drugs off of darkweb markets...even then i can get all my drugs with less hassle through fiat anyway... crypto to me and all my friends is nothing more than an investment, none of us are planning to ever actually use it as a currency and i suspect most everybody is thinking the same
low rates won’t last forever.
yes. if everyone accept that a rock can be used to store values and let people use rock to pay for mortgage, then rock will just become stored value.
failed shit coin ~~ successful coin you mean 🤪
how do you explain the swiss franc? the japanese yen?
the vast majority of dollars are numbers in a bank account that are created by updating a computer ledger without needing miners to blow huge amounts of energy in a race to come up with a hash.
and you can hold them in your hand. i mean you can feel them
can make physical rain with
smh always flexed on by the gucci wallet holders
pretty good with almost any wallet temperature tbh
but you are still holding devaluing trash in these wallets.
yeh, velcro wallets for ever!
yup. my dollar bills go in my bad motherfucker.
that's easy. just print a paper wallet and snort with it. as an added bonus, the wallet can be worth however much you want. with usd you're limited to a value of . you cannot really show off like you can with crypto.
which must use far more energy than bitcoin.
how do you trace a dollar bill?
100%? the dollar. no it does not.
that's against the rules of shitposting!
not just karma, but those sweet moons
seeing it for the first time today because of this post
fiat is a bulbasaur.
“hey baby, let me transfer some ada to your personal wallet real quick” doesn’t really have the same zing to it
passwordless hardware wallet, maybe? could come in various shapes and sizes ( ͡° ͜ʖ ͡°)
you can still create a fresh wallet, put some bucks on it, write the seed phrase on a note and put that note in the stripper's ass
and the rise of qr code tramp stamps begins...
this comment chain is hilarious lmao
you can just put your hard ledger nano in her ass.
did not you hear about ? there's actually a crypto called cumrocket. it does not go to the moon, but to uranus.;)
i believe there are strippers on some countries that carry their qr code or have it tattooed for convenience... someone confirm please.
how the fuck is this not top comment?!! i’ve been screamin this since day 1!!!
you can stake on it though.
what about a ledger nano x
congrats lol you found the only thing the dollar is useful for 🤣
you think i wouldn't put my hardware wallet in there
you can just get thisposable nokias and load it up. vibrates every time you tip
no, but you could put your iphone between her butt cheeks...
...you can’t put crypto in a stripper’s ass yet
tbh, strip clubs have never done anything for me 🤷‍♂️ i really do not see the appeal in it. hundreds or more gone and nothing comes of it... i mean... i got my fiance in bed with me with breakfast sammiches for dinner, good convo, and some anime. why waste money on that when i can enjoy what i like with someone i enjoy spending time with and get so much more...? spending money on what you enjoy and finding a girl that enjoys that... nothing beats it. you're not wasting money, you enjoy your night and she does, then you get you some. maybe i'm missing something but it it sounds like a full win for me
but you can put bitcoin in a strippers ass… there’s a bitcoin butt plug on etsy…
exactly my strippers prefer tangible goods.
this is what monero was built for
you can with a ledger nano.
before you go out transfer some to one of those usb thingies and stick that in her crack
nice, you just compared the usd with toilet paper.
strippers now need qr codes tattoo’d to their asses.
you can stick a usb
tell that to my automated strip-o-matic 2001 model 2!
i can put my iphone in there and that is pretty much the same.
your phone will work. 💥
just wait. they'd get smart chips in their ass and you'd have a smart chip in your ring and it will make make a bling sound when you transfer money.
naw even better i can whisper the secret words to a software wallet into her ear. just might take me five or six dances to finish, i talk slow.
but you can put a strippers ass in crypto🤔
someone has never seen the brilliant youtube video “bitcoin billionaire.” enjoy:
no you can’t, but the good strippers i know all have gotten their wallet qr codes printed all over their garments that they throw around the entire club, they can get paid from guys at every inch of the gallery
"you cannot put crypto in a stripper's ass - yet"
when they start tattooing qr code’s on their ass you will know full adoption is here.
have you even tried?
my country's president swiped a card
just wait until strippers get on the matic network.
you’ve just single handedly secured the future of hard fiat currency with this comment.
that's what usb drives are for!
*butt* you cannot put crypto in a stripper's ass
not with that attitude.
i feel like there is a hardware opportunity for printing xfer confirmations onto a slip of paper - like, imagine an atm explicitly for printing ass-money
not with that attitude you can’t.
with the new stripcoin...
my nano ledger begs to differ.
i can see it now. strippers with qr code’s tattooed on their asses.
sure you can, if they have their ~~pubic~~ public key tattooed on it.
still waiting for a qr code on a stripper ass
“baby, i’m gonna transfer my etherium to your meat wallet”
i shoved my trezor in a strippers ass, i didn’t end well... or did it?
i was looking for this comment
because crypto is new. give it some time
because we have to live.
forced to use fiat because of the violence inherent in the system.
do you know what sub your in?
bet you short cryptos. oh wait.
yeah man, the australian dollar has been polymer since before i was born
and still being used to fund wars as well.
i'm not sure what we're beating on anymore 🤔
the dollar has lost 99% of it is value... so far.
bad for the environment, petrodollar.
you could edit your post and add this point, with due credit to u. similarly, with other comments. would be nice to have one post where we could send all no-coiners to refute their arguments.
non-issue for merchants who accept coins that transact instantly while crypto's perceived value is still tied to fiat
but it does not give the same excitement that my cryptos give while dropping 50%.
can also be used to purchase crypto
this is what people do not seem to get. it's like they do not realize how hard the gold standard fucked us when its limited supply caused a deflationary spiral that seized up the global economy (no one is going to spend an asset that keeps spiking in value) and contributed to the great depression in the 30s.
"the 1% own 30%" is actually wrong. that's a statistic for wealth, not currency. the 1% convert currency to assets as quickly as they can. also the stat about losing value is a feature not a bug. currency is explicitly not supposed to be an investment.
people don’t hold us dollars in the hope it “triples in value” - they convert it to an investment vehicle or asset and hope those increase (ie buy bit coin or gme or whatever mutual fund or art or gold etc) - then they convert it back when they need to use it to actually buy something… people want bitcoin to be this amazing “replacement” of the us dollar but then shill it as some moon shot coin like it’s gme and gonna be short squeezed. if the price on bitcoin is supposed to go to the moon no one will ever use it for its “intended” purpose of replacing fiat. you’d be a fool to spend an appreciating asset on say a pizza.
you don’t want that to happen for a “currency” either…
karma whoring at its finest
inflation also is not a bad thing; it encourages people to spend their money. crypto is deflationary, so nobody ever wants to spend it because they think it will appreciate in value. you have people telling horror stories of when they actually spent their crypto years ago and bought a million dollar pizza. it's not ideal for a currency for people to deeply regret using it.
yeah, if i have a fiver in hand i can walk into any grocery store and buy a gallon of milk, this week, last week, next week. crypto cannot do that. right now it is more of a stock than a currency.
how fucked? inflation is there to make it so people will buy things. to keep the economy going
but you're okay with being raped by speculators who have dropped the value of your coin 40 to 60% within hours? multiple times already. and counting.
let's be honest. regardless of us arguing about the need. there's no "arguably" here. in terms of conflict and not modified police actions, the us military can turn any other country's military inside out in a few days to weeks. it's literally funded and designed to fight two major wars simultaneously. not saying that is inherently good, but theres a reason the joke about what are the two largest air forces exists.
it's an easy way to comprehend its value for most people
you must be new to this sub... i imagine if you take a look at the comments in this very thread you'll see that many people in this space take that kind of talk *very* seriously. and it scares people away.
>the blockchain is already being used by banks in the backend, citation needed, and by "citation" i do not mean some press release fluffing a random experiment or sales pitch, but actual use in production.
sure, but your not taking into account historically when it was double digits. so if you were to avg it out, 5% probably is not far off maybe even lower. our parent's generation had soverign bonds paying double digit yields...big reason why everyone in that generation is so rich.
>inflation yearly is around 5% no. it's not.: *so far this year* it is at a rate of 4.1%, but prior to that it had not gone above 2.3% since 2011. i feel like people in this sub *want* there to be high inflation so they can tell their parents "i told you so" or some shit. when the reality is, a low rate of inflation is a good thing and necessary for a growing economy. i also wonder how many of the people who come here to complain about a concept they do not really understand (inflation) are conservatives who are quick to blame the new administration without acknowledging that the effects of monetary policy can lag years behind the policy changes themselves (though they have no problem acknowledging this when the shoe is on the other foot for some reason... huh). so if 4.1% is a little high for you, we should take a look at the policies of the previous administration.
i dont think you've spent 2 seconds googling what inflation is to write something so wrong.
actually dollars are made from cotton and linen.
1. it is not made from paper 2. paper does not "kill trees" trees used for paper are a ***crop***. the trees are planted, grown, harvested, and new trees replanted in the same area.
this community is full of people who have no concept of economics but think they are fucking experts because they got away with avoiding taxes or some shit.
i do not thisagree with you, and actually the project i've been following most closely for the past few years [explicitly looked to nature to inspire its design]( but i was responding to the absurd argument that usd is a shitcoin compared to crypto, which is a silly thing to say for the reasons i stated above.
exactly and people believe that what they hold today has value tomorrow
if the usd is replaced as the world’s reserve currency in the next 50-100 years, i’d imagine it would be by the rmb (or the digital version), which would still be fiat currency. however, that scenario seems unlikely still (even as demand for crypto has soared during this pandemic, demand for usd is even greater). in a scenario where rmb becomes dominant, i still see the usd or the eur remaining a better investment longterm, especially over any non-fiat digital currency. if usd, which is managed across millions of nodes (including the frb, sovereigns, wealthy individuals, banks, and corporate balance sheets) is on its way out, tell me why the relative value of btc, supposedly digital gold, can collapse 50% in a week after a single billionaire tweets old news about it? and by the way, yes, the usd loses value every year. the frb publicly states a target of 2.0% annual inflation longterm, meaning the dollar loses relative value over time by design. however, the system should work if income rises above the rate of inflation. over the last 40 years, income growth has greatly exceeded inflation in the us; the problem is the income growth was concentrated to the top 5-10% of income earners, and more significantly, the top 1% of wealth holders. most americans didn’t benefit significantly enough (in relative terms) from american capitalism over the last 40 years, and the crypto fanatics (now dominated largely by greedy hedge funds and libertarian billionaire types) are hopeful that these same people will buy into another scam.
totally wrong... usd was “losing value” to inflation before 2000, not after. and by before, i mean the 1970s. you are right about the usd becoming globally important after ww2, and big risks in the next 20-30 years though. and op is still a
yeah i undeslrstand crypto is good but it is like comparing fiat to trading shells they were from different times. and at the end of the day9...
backed by the entire us gouverment and freedom
actually, not entire planet, but 60% of it. also, not all of oil trades is done through us dollars. otherwise you're right.
...still backed by the us army. life is unfair i know
i went thru alot of spy training.
here you go: this group is also important, they are responsible for making sure that no one steals what backs this particular currency:
impressive in that they developed the world’s primary trade and reserve currency, and they’re not about to fall off that pedestal without a fight.
btc? sorry, in satoshi.
its still a cryptocurrency. its literally designed to be a medium of exchange. thats what a currency does. it doesnt even come close to accomplishing its goal of existence compared to the dollar. the "investment" part is because people think it may be a medium of exchange in the future, but as of right now - its a fucking trash currency. you can have the best metrics in the world, if you cant buy anything with it, its a shit currency.
fair enough. good point.
someone else can take them from your hand
i can hold the ledger or phone in my hand
water resistant too. they're made of cotton, not paper.
and lick them to taste ask the history. you just cannot do that with crypto
you can rake it up, break it down, bag it up.
hang on, let me just scan that qr code real quick while you snort so i can see how much…. damn g you rockin 14 eth
interesting, i've heard of monero but did not look into it before. will do now. however the privacy concerns still affect bitcoins and may other current top contenders for being a currency. if bitcoin was an acceptable currency, every time you made a transaction with a service, you're also giving up info about your account value + the size, volumes and frequencies of other transactions from that wallet. couldn't a service like amazon easily associate these wallets with individuals and gain extreme levels of information about people and their financial relations with each other? [
*monero and hydra enter*
and thiscord and i'm not even in any crypto-related servers. old crusty meme.
posting a twitter link that says the same thing as this post except days earlier? i thought it was funny! jeez 🥺
we have water proof notes in england.
im pretty sure all notes are ok with being ran through a washer.
you know dollar bills are made of cotton, not paper? they do not thissolve or anything. i have run mine through the laundry perfectly fine in various pockets
are you a space alien? us currency is a composite of fabric and plastic. the ink doesn’t run or fade either. you can run any bill through a washing matching and dryer and it will come out looking the same (or clean.)
how long do you think it will be before visa or mastercard or amex make a thong reader? just swipe or tap your crypto and bam! you’re pussy is now a crypto ham-wallet.
she could always get a tatoo on her ass and you just scan it with your phone... or he
i was just assuming qr code tattoos were the way to go
i just got an idea! what about crypto checks? like you write a code and your wallet gets crypto. is there a crytocurrency that supports that?
nice. and no way to confirm if the passphrase is legit 😈
huh, put your seed on her ass... brilliant!
what about using fiat as toiletpaper in an emergency? or maybe lighting it on fire to keep warm during the cold winters
how does that work exactly ? do you have to leave it in for 10 minutes until the transaction is validated ?
he has been brainwashed.
can be used anonymously
and buying them druuugs
this is a horse race, johnson
wo! it makes shibu feel like gold.
in homer's voice to bart
but then cryptos are not currencies, just a way of doing your payment. the merchant is still accepting only fiat as currency, and just allows the customers to use cryptos to pay for the fiat.
then it is only , and . or whatever the fee is today.
has trading pairs with all global currencies and crypto coins
also, the idea that 25% was minted in the last 6 months is arguably false because those are not mostly "new" they are mostly "replacement". the vast majority of minted money is made to replace money that is shredded and recycled.
i agree. people do not hold usd to have it lose its value every 40-50 years either. it's just "built in" and we all accept it. i'm just pointing out that for ever weakness something has, there is usually an opposite side to it. volatility is one of those things that can hurt but also help a lot.
not just karma whoring now, moon whoring
yeah, people in this sub talk like inflation is evil when in reality, a small amount of inflation indicates a growing economy (it is not the usd's fault that employers are not increasing wages to match). inflation has not been an issue in the us since jimmy carter was president. if government spending equals runaway inflation, where was it when we bailed out the auto industry and the banks?
taxes, generally speaking are good, getting quadruple taxed is not. paying more in income taxes as an individual than cooperation is not. i do not agree that most people believe it is theft, they are just sick of paying into a system that takes more from lower class than the upper.
libertarians love to say "name one successful communist country" (as if people proposing democratic socialist policies are advocating communism), but can anyone name a successful libertarian nation? i mean, according to their own sources, [the uk is the 5th *most* libertarian country in the world]( and they have nationalized healthcare. they claim the us is becoming a 'socialist' country, but the us is 3rd. who's currently ? luxembourg, a country that taxes 39% of gdp (the [us taxes 15-20%)]( and whos government spends [48% of gdp.]( libertarianism is a joke.
the silver lining i see to it, is that with crypto, the 'elite' cannot give themselves private profits, while socializing the losses with tax payer money. or continue to print money to the point where it is impossible to actually buy any assets and start accumulating wealth for your family.
i just put "arguably" since i know next to nothing on the subject and did not wanna start a fight with tankies.
ooh ooh 😮, this could get some people going...
yeah and i wonder why that is...? maybe because the entire world uses it?
yep, i think i actually responded to you up above, but the predominant viewpoint off like half of this sub is that: 1) fiat is bad, 2) taxes are evil, and 3) regulation is bad. its such a naive, delusional, and childlike perspective on all of this, and if those people are the crypto ambassadors to the rest of the world, then yes, people will be scared off. because the only people who would unironically believe those things to the extreme degree a lot of people here do are either kids or clear and obvious dumbasses.
[ripplenet]( i never said a public blockchain. while it has not been a massive success, it is in use already. not only for banking, but is or was used also used for remittances by western union. edit: the article mentions the new partnerships, but you can find current banks already using ripplenet on their website.
you're arguing economics with people who have no concept of how the real world works. good luck with that.
i’ve never thought about this before. very interesting point.
stable coins go against so many things crypto is about though... ...might as well just accept credit cards. i've successfully used crypto for a business, for around a decade, the price volatility is not as big an issue as you might think. i'm still yet to lose out in any bad way (the opposite), you just need to be a bit picky about when to buy new stock etc... if you are cashing out weekly or monthly and actually making a good profit anyway, it is really not an issue.
it’s not guaranteed to be above 5% every year like op says. regardless of the avg, we haven’t seen 5% in a long time
> everyone in that generation is so rich. :eyeroll:
a lot of crypto subreddits get to me because it is so much circlejerk about it going around. this guys statement is just straight up false, the calculation for inflation is straight up just how much the consumer price index has increased, and efficiency has nothing to do with calculating inflation. he just does not know what he is talking about.
my comment was meant to complement yours. :) i'm a palaeoecologist so it is my approach to things in general. this third wave of crypto was what i was looking for to dive in. exciting times.
you are so right. glad to see some ppl still know what's going on. and to add to your comment. there are already a lot of super-rich, that try to get the gov. to actually get the financial market on a tighter grip and to raise the minimum wage. because if the bubble burst, the only thing that can save all are the masses. not the top 1%. we really need the high taxes for the rich back and a higher capital tax. so the state can reinvest the money in infrastructure and other projects, increasing the wages of a lot of ppl. yes, the rich will lose money per year, but will still have more then they can ever spend. it just would not be as extreme as before. and the poor will get more money and can spend a better life. many do not even need excess. if they can live a nice life, it is enough. :)
us army is not likely to stop inflation.
bretton woods agreement wasnt that impressive, it was more like a threat.
**['bitcoin''btc' definition]( bitcoin (btc) is the primary peer to peer electronic ledger. it is the blockchain with the most security and hashpower. *check out the [crypto terminology guide]( for more 🤖*
wait then they can feel them :(
not if you password it with the right keys.
or you can take it from someone's else hand
sounds like someone is bigoted against squirrels. just get ready for the downvotes. this is reddit.
hey i am sure someone out there wants a handful of those nuts! not me but, you know, someone
you can get a good look at a t-bone by sticking your head up a butcher's ass. but, wouldn't you rather to take his word for it?
when i was a kid, i never thought i'd see adults thiscussing finances and sounding like children, talking about their balls. lol
truer words have not been spoken on reddit. updoot to the moon!!!
i can also hold my bank accounts in my phone but it’s not the same as having a nice physical token of the value you own
it doesn’t smell, taste, or fit in my nose the way cash does tho
but i cannot throw them all in the air and lie down on it and make a money angel... well, maybe i could...
monero is cool, but too powerful. it scares a lot of governments that people can buy stuff without them knowing. that's probably why it has not talen off more, anyway.
but that tweet is also just resposting a several year old crypto joke so what's the difference?
and can be stolen if you are weak or not at home.
but strong against rock 🪨
but great against cocaine
but are they waterproof on a rainy night in stoke
a kid in band class back in high school used to not clean his tuba often enough, so he had water poof notes.
*gets thrown out of the strip club*
''if it doubles it is value, can i get a free lap dance next week?''
that's the crypto equivalent of putting monopoly money between her tits.
yes but only dogestyle service then.
>will doge work instead? that’s like throwing nickels at strippers.
that's what the actual use for ass and cumrocket are.
who doesn’t like dogie style?
you can through a dog at a stripped tho... especially chiwauwa's they find those rats cute apperantly
never, they hate the adult entertainment industry. plenty of banks flat out refuse to give strippers an account... the whole financial industry hate anything to do with adult entertainment...
you mean a fucking debit card?
i'm by no means an expert, but it sounds like something you should be able to do with smart contracts.
fake money also exists
you can print a verifiable paper, like money. which makes it hard to fake. also, make it a scratch card which will ensure it was not cashed.
you can mine crypto for cold winters, and earn money instead burning it.
seems like it is even [old news]( and this is in vegas so i assume is everywhere now.
mmmmm yes, but you'd prefer the monero upgrade since it would not record ring activity. the ass has an aggregated wallet so it accepts anything.
people can hack into your account and easily steal it!
a dead horse race
i hate to say that but even shibu performs better than gold.
correct. crypto isn’t a currency it’s a commodity
lol you're the one who complained about price "swings" i merely gave you a solution to your quandary considering the current market and perspective. the merchants currently accepting crypto are most likely exchanging at least 75% of it to their local currency because they have bills to pay, and 100% of them are using the current market valuations of crypto. i would like decentralized currency, it is just all about perspective now and true value of the software later \_o_/
the fact the us dollar loses value means it wants to be spent and circulated. therefore it works as a functioning currency - bitcoin is the complete opposite.
oh yeah, 100% agreed, but that is a totally different conversation imo.
yep- i actually used to really identify with the ideology (its funny, in my life, as i have moved around and experienced more i have gone extreme progressive -> moderate -> conservative -> libertarian -> moderate -> liberal leaning moderate), and actually think the barebones facets of it make a lot of sense. the issue with libertarianism is that in order for it to work as intended, a huge group of people have to basically collectively lean into it, and the logical leaps and inferences it requires you to make in order to abide by actual libertarian principles tend to weed out rational and sane people. like, i 100% think a rational, sane person can have libertarian leanings. but i think actually fully embracing it as an ideology is extremely chilthish and naive, and frankly selfish. and all that to say, i know some pretty smart and cool people who are libertarians. that said, they also tend to be really wacky, and sort of embrace that weirdness.
i've spoken to people, in the past week, in this sub (in threads like this) who have literally said that these kinds of posts and comments have convinced them not to invest.
nowhere does that say it is actually used in production. just vague "partnership" and "would be" "engaging".
yeah but we are talking about a currency here. i think a "long time" is relative to how you think of it. imo when talking about any fx, you have to take 30-50 year historical avgs to get a good representation.
oh i see, haha, yeah i guess i make the assumption that most responses are meant as refutations, since the dialogue here can often be a bit combative :) glad to hear i made an incorrect assumption!
why do you want ? replace it with a shitcoin ? i tell you, thats not gonna happen, dollars will still be here for a long time
are we still talking about money here?
feel what's fake lmao
ok, but comes big dudes with plumbers-tools and start hitting your sensitive organs - till you 'voluntary' remember and share your password... ;)
now this- this is real comedy.
i came here to think this.
when you have a mans nuts in your hand you own his wallet.
rare candies don’t even work on it ethier.
and can be also stolen if you are strong or at home.
if you are weak **and** at home, can it not be stolen then, too? 🤔
can be stolen by cops by civil forfeiture, because, fuck you.
and can be home if you are stolen or not at weak.
that was a good one. well played
despite the financial industry being their best customers. amazing.
now you are on to something here .
my horse is more dead
ahh yes. i forgot i was on the cryptocommodity subreddit.
until prices stabilize and the fees are severely reduced it can never be a true currency
yeah, agree again. i do not want to be forced to spend because my currency will lose value. that's why there is so much poverty. people are forced to spend and go into debt in order to use the money they worked for. bitcoin allows you to save and spend on the things you actually need when you need it. 1 bitcoin will always be 1 bitcoin. the usd cannot even hold it is value for a full year these days.
libertarian word for having to generally pay 4 separate taxes on the same amount it is an argument that was made by libertarians, and therefore does not make much sense to the average person
i 100% agree. i was the same way in high school and early college, but the more i learned about the real world (emphasis on 'world', as us conservatives have been falsely claiming that 'socialism is anytime the government does anything' for the last 20 years and have claimed we've been turning into socialists when we're probably the farthest right country in the world, outside the fascist dictatorships) i realized how utopian and impossible a libertarian society would be. it just does not mesh with human nature, and the nature of power.
i genuinely do not blame them. i'll be very honest with you, its made me question the longterm viability of my investments in the space. i believe in crypto as a technical revolution (perhaps not currency specifically), but with this kind of nonsense floating around, who would take it seriously? most would not.
please don’t! it’s interesting to read
i’m just waiting for bitcoin to hit 60k again or even 50k so i can cash out, something that i have learned is that crypto in reality isn’t going anywhere as people are making it out to be. usd will always be the go to currency for the world and some of the delusional maximalist here don’t want to admit that.
it's a bummer becuase i've had people tell me (this past week even), in this very sub, that they see these posts and the comments that follow and it thissuades them from investing in crypto. it's such a bad look. who would have guessed that "pre-teen libertarian that never grew out of it" is a bad look?
that's my biggest argument here. people talk about banks. yet what they do not realize is the banks are just doing exchanges and any countries that adopt a crypto are not going to want to waste money and power in picking a crypto that they do not control. they are going to make their own and use their leverage to make it work. these are all fungible items. and if the only thing holding them up is speculation, that speculation is going to move eventually. because no one speculates with the goal of not reaping a return.
my point isn’t that the 5% avg is wrong. it’s that the op is wrong, an avg of 5% inflation doesn’t mean at least 5% inflation every year. this phrasing suggests inflation is 5% or higher every year. that’s just blatantly false. add that to the fact that the rest of the op is a copy paste , i wouldn’t take this op too seriously
im just saying that army has no effect on inflation, at least mostly.
we're talking about whatever you wanna talk about
you guys have money?
bro, we were never talking about money. you know that. ;-)
turns out they can do the same thing to you with crypto
you look them dead in the eye and say, "the check is in the mail."
only on reddit can i start thinking about the similartities between another person's nuts and vivaporouness of usd...
and my herring 🐟
this is the future i'm fighting for.
why yes. yes you are.
"yeah that works with me if you will transfer the same amount if it dropped next week"
or give half the lap dance from last week back... 🤔
someone needs to make hooker coin.
unfortunately many many people in here don’t want that to ever happen. the highlight for crypto are the 500% gains. when that stops, they’ll stop caring technology be damned.
yep, i agree 100%. similarly to true communism, imo, its a better idea than it is practicable ideology. at least, right now. i also think both could potentially work on a v small scale as well. but not for hundreds of millions of people at once. **e:** and yeah, traveling to europe, south america, africa, and various places all over the states, it just naturally opens your mind to more ideas and perspectives and you naturally begin to (imo) become more moderate in whatever your leanings are, and also probably a bit more empathetic and "big picture," which tend to lend themselves to liberalism. which, is not to say conservatism is inherently bad of course (not sure i wanna go down this rabbithole too much), just that keeping things the same vs changing for the better is a true paradigm shift.
maybe, but i wouldn't blame the tech for the idiots that support it. i mean, i imagine there are *waaaaaaayy* more dumbasses that use usd than crypto, and we do not throw that baby out with the bathwater.
unfortunately, this sub (and this space) is full of 12 year old libertarians that never grew out of it and they all take this very seriously.
the spirit of the post is correct. you can be as literal in your reading as you want but we are all being taken for a ride here when it comes to the way the economy of the us is being "mananged."
nothing or double jack. man great movie
too big of a word 'viaivapauruness' are you sure you belong here???
*they have taken the hobbits to isengard*
are they bullet proof?
no, but if they aren’t working the fuse might be burnt out. i normally take the fuse out on mine anyways cause in canada they cause problems in icy road conditions sometimes.
this is the future i've been doing nothing for.
north korea is called that because it is pretending to be a democracy... is it the same here?
simple example: job pays you (taxed), you buy bitcoin and use it to buy an alt coin (taxed), sell some alt back into bitcoin(taxed), sell bitcoin for cash (taxed).
i agree on both counts, but the usd is also not fighting for adoption lol.
how can you say the spirit of the post is correct? the spirit of the post is moon farming. are you blind? i’ve seen this same post 5+ times already and it’s not even factually correct.
it's not though... get back to me when the value of the usd drops 60% in 3 days. then maybe we can start comparing them. and as much as it seems like you *want* that to happen, it is not happening.
don't touch my lettuce i swear to god
and his brother, rabbert klein
lettuce is the best thing in a burger. change my mind.
no no, money isn’t weak against my ex, my ex was definitely weak against money.
it's highly effective against it!
moths adds realism tho.
idk about his abs, but i know my ass is
stripper: oh wait, my crypto dollar is now two dollars! get him back in here! but in all seriousness, 1. transfer your monero at the door 2. they give you monopoly dollars 3. you get the experience of whatever you want to do with a dollar at the strip club (i know my imagination pales in comparison to any sort of reality) 4. no one loses actual money nor does it get nasty 5. profit!!
moon farming? who is farming moon here? we are talking about the valuation of the usd. since the inception of the federal reserve, the buying power of the us dollar domestically has dropped 95%+. that is under 100 years. anyone with basic economic knowledge obviously knows op does not actually mean 5% every year. he chose a round number for demonstration purposes, with a number that makes a lot of sense within this context. i think you are taking the "factually" correct concept a bit too blantantly. op is making an economic generalization, which contains a lot of truths, regardless of how accurate his basis points are.
who the fuck cares about moons? we are talking about usd quote me the part where moons come into play
> and as much as it seems like you want that to happen, it is not happening. lol you project too hard, i do not know where your thoughts are coming from but do not try to assign them to me. and who the fuck wants the usd to be devalued? we all have to live in this society. recognizing reality does not mean you wish for that reality. get a grip and open your eyes. you sound like a fucking child.
lettuce pray: dear god, that u. oh a plague on his crops you say? sounds good to me.
this is actually an excellent idea!
omg... your a got damn genius. and strippers get to still scoop up the doe and get dollars put in their thongs. they can just turn it all in at the end of their shift and they get a crypto payment as they leave. also it protects them from being attacked in the parking lot. genius!!
this guys living in 2090
it's only a good idea till someone decides to being their own monopoly dollars . i doubt strippers want the people they are working want to know how much they are earning. or one stripper wants another stripper to know that they made more or less
yall are missing the best part of this and it is something every strip club that uses a token system does. in exchanging the tokens for usable currency the club gets to take a little off the top. for the convenience
the exchange of one cryptocurrency for another causes taxable gain. [simple guide](
anyone with basic economic knowledge? that is something 95% of people in this sub don’t have. about op, he probably doesn’t even know what inflation is, he just copy pasted these points to farm moons. in case you don’t know what moons are, they are a cryptocurrency which you get in this sub for getting lots of upvotes.
i could not find any information on astronauts carrying cash, but it not implausible that some usd literally went to the moon.
you do not know what "project" means do you? so many people in this sub would love to see the usd fail so they can tell their mom "i told you so" or whatever. you can see people basically fucking salivating over it.
i cannot believe i come into a cryptocurrency sub and am forced to remember the last season of game of thrones.
wasn’t eth aiming to be 90% green energy powered?
if you live in el salvador whatever elizabeth warren or almost anyone outside of el salvador says is the least of your worries...
visa requires 149 kilowatt hours for 100,000 transactions. bitcoin requires **741 kilowatt hours** for **one** transaction. a bitcoin transaction requires 74 million times more energy than a visa transaction. most kettles use about 2kw. you'd have to boil your kettle constantly for 370 hours (15 days) to waste the same amount of energy as one bitcoin transaction. [ pow mining's impact is extremely, extremely high relative to the value it currently brings to the world. the key here is that pow mining is wasteful by design, and is unnecessary. the first rule of reducing waste is to *prevent* it by rethinking. reducing or improving supply chain impacts comes below that (e.g. using renewables; it is better, but not as good as removing the energy wastage in the first place). this is one aspect of why proof of stake, which redesigns decentralized network validation to be hundreds of times less wasteful, is so important. whatboutism doesn’t change that. edit: holy shit, my first ever platinum. thank you very much sir.
i do not understand how someone pointing out the energy and climate implications of bitcoin and other pow mining makes them "ignorant". i do not think people who decry bitcoin mining energy use are also saying "but other industries should continue to emit co2." most people concerned about the climate implications of bitcoin mining are *also* clamoring to reduce co2 in the broader economy, through measures like the green new deal, a carbon tax, etc. the whole "you cannot criticize bitcoin energy usage because banks use energy too you know" just reeks of a 7 year old trying to get out of trouble.
pretty sure warren doesn’t support big banks or large military spending, not sure if it’s really hypocritical for her in that regard
funny thing is she is right about bitcoin (it is environmentally hazardous, as of it nowadays, of course) but she is john snow about cryptocurrencies in general, as there are so many that would be much cleaner than all the other payment systems.
everything will become greener.so what a diversion this all is.
this is the poorest quality post i’ve seen make it out of new in a long time… congrats?
our love for palm oil will also destroy the planet.
what do you buy bitcoin with? what do you gamble on selling it for in the future?
she did not say it would destroy the planet lol. clearly she isn’t as optimistic on the opportunities that crypto will present, but i think her overall point is that something that is currently providing no use (as of now) shouldn’t be such huge consumer of non-green energy. only part i thisagree with is the media’s framing of this issue as if this phenomenon is unique to crypto. clearly many industries have these same issues, crypto is only targeted especially because of the type of people that are associated with it.
> all to protect a us dollar that aims to destroy every other currency this is probably the most fundamentally misinformed conclusion on the usd that i've ever read. it's almost the polar opposite. the only reason the usd works, unbacked as a fiat currency, is the fact that it is used as a global reserve currency for other currencies. the value of the usd is solely based on this. all of the other currencies using it as backup is what give it it is value. if the usd "destroyed every other currency" then there would be nothing backing up the usd. further, if every country stopped using the usd as a reserve currency, then the value would similarly fall out the bottom. the usd value relies on the fact that other currencies use it. no other currencies, then the usd has no value.
"i realllllllllllllly need crypto to succeed so i dont look dumb in front of my family and friends"
imagine living in el salvador. you’re poor, hungry, desperate, fleeing violence, and the first time the greedy americans think of you (other than during immigration surges) is when your president says that now you can buy, hold, and use btc as legal tender. i guarantee you that the average el salvadoran will gain little to nothing from this endeavor; but i’m sure the el salvadoran president, and many international btc traders (and hodlers) will make a lot of fiat usd over the next few months trying to convince you otherwise.
i bet you're not from el salvador
do we really know the comparisons. like unbiased ones for any side? we should all want it.
almost no one in el salvador gives a fuck about bitcoin
stop whatabouting. crypto uses lots of energy and its a problem we should be trying to solve, not just trying to argumentatively wave it away.
imagine living in el salvador and all you can think about on as big of a macro scale is how corrupted the politicians are in your country including that dude that introduced the bill to legalise bitcoin in your country. you have a bad feeling about it even without knowing whoever the fuck elizabeth warren is to you
these posts trying to debunk the energy usage of bitcoin or those that try to frame people calling out said energy consumption are dumb. there is nothing that you can use to counter any argument made. pow uses a lot of energy and hopefully it can be reduced or made more green. which i believe should be doable. i'm not going down the line and argue that pos is better. i'm sure there are some arguments (not energy consumption related though) against pos. as a community we should take feedback on projects seriously and try to remedy any negatives as much as possible. instead i'm seeing a lot of trying to prove the opposite which is not helpful and will not advance your project. quite the opposite.
this argument sucks. it’s like saying murder is ok because the us military wages war and kills people in other countries. it’s not a question whether or not american infrastructure is inefficient, because that’s not what the argument is. as another top comment pointed out, bitcoins method of recording transactions is unsustainable and is a huge barrier to entry for governments, companies, and investors who actually have to worry about environmental impact, as they are literally taxed for it.
your framing is so off. bitcoin is bad for the environment compared to other crypto alternatives. i imagine that a person living in el salvador doesn’t care at all about what warren said.
her identifying as american indian was when her downwards trend began. 📈
the united states are pretty much the biggest hypocrites on the planet, always arguing against things they themselves do all the time.
the logic of this post: o you say one things bad? well how about this other bad thing instead! that second thing is bad, which means the first thing isnt bad at all! can you imagine falling for this reasoning? im all against us global terrorism and imperalism, but current blockchain infrastructure is *still* garbage. the us being world villains doesnt make bitcoin any less shitty than it is.
you know what uses even more energy than the us military? the sun. so lets waste as much energy as possible on crypto play money because the sun uses way more.
i love liz warren. liz warren needs to get more informed on crypto.
"crypto becoming greener" is just an idiotic concept. what needs to become greener is electricity production, which then translates into any human activity being greener.
when will people learn that these politicians give 2 shots about us? they don’t care about you or i and never will.
giving how the us is on oligarchy and who ever has the usd is the real leader of the country, of course she is going to say this. she does not want to bite the had that feeds.
2008 was the most expensive year for the “war on terror”. the costs included are for the overseas war. we were spending five hundred and nineteen point two million every.fucking.day -6 trillion. unfathomable. they’ll bitch and moan and come up with every conceivable complaint under the sun to keep their money and power.
when elon musk said they same thing his fanboys drooled. kevin the shark tank guy said the exact same thing. it is bad for the planet based on energy consumption. there are other crypto that are not. this isnt news.
the nano community flooded el salvador with nano deposits in wenano 🥦
i live in el salvador and have no idea who that is.
imagine if two wrong's did not make a right... wait
nobody wants to talk about how many coal mines are required for us to binge watch our favorite shows on netflix. or how many server farms are bogged down with all of our spam and junk email folders... blame bitcoin
you just made me remember s8 of game of thrones. why would you do this?
look i despise warren and she may just be jumping on a band wagon but she is correct. she’s backed up by some pretty clear facts in this regard and saying well what about this doesn’t change the facts that it incredibly waste fuel and needs to be made better.
elizabeth warren has bitcoin!
imagine living in el salvador. highest crime rate, you don’t care about america
what’s absurd is the insistence that bitcoin doesn’t use insane amount of energy when it is literally mined by colossal warehouses filled with racks of gpus running at full blast as they compete to get the same mining reward. one one miner gets the reward. all of the other mining energy used competing for that reward is wasted. blockchain technology is awesome. however, bitcoin is outdated and holding back crypto from mainstream integration. bitcoin should have collapse as wealth concentration and mining centralized; which has compromised its security; for a crypto that can’t scale. 3.
if it came out of her mouth, then it’s a lie. wish we could inside trade like they do.
washington is very hypocritical.
my uncles, cousins and grandma that live in el salvador don’t know or give a single fuck about crypto, they just want that cold hard cash. they don’t even own a computer
whataboutism. nobody can be pressured to cut emission until everyone else does or something.
i get what you're saying in the grand scheme "her fear mongering of crypto is overblown" but your examples definitely miss the mark. banks use significant less energy for transactions and the u.s. military does not only exsist to protect the dollar so you cannot just attribute all of the u.s. militaries energy use to using the dollar. honestly this post is kind of laughable the more i think about it. we should push to make crypto more energy effecient and luckily those solutions are on the way.
imagine being an american and celebrating a president that is taking away human rights, is unbelievably corrupt, and setting himself up to have a dictatorship by getting rid of the supreme court and term limits(this is already happened who knows what else he will change). he is seizing land and finances and not good for the people. i know this because i still have family that lives there. large sums of money has been going missing from the treasury and the gangs are being given even more autonomy than before...but none of that matters, dudes pretty cool for legalizing bitcoin. no way that is set up for his benefit.
lol crypto currency is bad for the environment so we should use the petro-dollar instead.
imagine living in el salvador. you would instantly want to be in the usa.
imagine living in el salvador and realizing the fees to use the new countries currency can be as much as your monthly income.
elizabeth warren is one of the last people you should be taking your financial advice or any advice from anyway. since when politicians are not hypocrytes about their actions anyway? all those "we gonna be enviromental friendly unlike others" bs is just on the things they are not controlling and the rest usually would not pass from senate anyway. as soon as they can make a profit or control opportunity, they would not be hesitant to take it at the expense of the commonfolk.
it's crazy, how perception changes... as a child, growing up in europe, america seemed like the coolest place ever. now, 20 years later, i know better 😄 wouldn't want to be found dead in that god forsaken piece of hell between canada and mexico
i know this is the cryptocurrency subreddit, but is anyone else more caught up by the fact that her biggest complaint about the final got season is that she found it “sexist”?
it just goes to show that all these powerful people are totally out of touch with the realities of the world. rather than focusing on the things that bitcoin improves, they choose to enter into total opposition for fear of being thisrupted. but the success of bitcoin is inevitable. its revolution will triumph no matter what.
imagine caring about what elizabeth warren says.
oh wow, you might be right... ... if you can show me elizabeth warren advocating for maintaining us military spending or being against energy efficiency. otherwise you might not know anything about her and you're just "whatabouting" anyone who does not agree with you.
also if you think the average salvadoran gives two shits about bitcoin, i dunno what to tell you. they're much more concerned with food security, covid, and their literal dictatorship at the moment.
but what about the price of wheat in china? that has just as much to do with any of the complaints as your tangent on el salvador and the us military. crypto is a waste and in practice is not trust less (most people use exchanges). it's just a whole bunch of extra work for something visa can do infinitely faster and cheaper.
one bitcoin transaction takes the energey of over 400 thousand times that of a mastercard transaction. yet ’yall talk about banks wasting energy🙄
warren lost all credibility when she lied about bernie
dumbfuck takes like this are giving all of crypto a bad look when it reaches high in . i wish subs like these tried to have more brain and less cultish emotional shitposting.
i like crypto even less now, good job.
i used to really like her and endorse her but i feel like with each passing year she becomes more of a joke or tries too hard to get a soundbite relating to whatever is topical. i wish politicians would actually do their job, keep their promises, and stop being so hypocritical edit: grammar
she is a statist. anyone expecting a statist to back btc is kidding themselves.
trump-trolls calling warren “dumb” is the most hilarious thing ever.
el salvador "cannot" have a transparent and fair economic system but the us can do whatever they please with no consequences?! sounds fair to me! 🤷‍♂️
can these elderly politicians retire ffs?
she always came across as out of touch to me. now she is just spreading lies and i’m not surprised. how she has the nerve to show her face after her cultural appropriation is just amazing to me. but, politicians have no word for shame in their world.
not to mention there are efficient forms of crypto. not only that, but crypto and blockchain have incentivize the spread of the internet and developing nations access to knowledge. a global decentralized economy has the possibility to start a global decentralized democracy that would end the slave trade and give all people the power to vote.
energy used for mining to process transactions world wide ![gif](emoteemo_pack_1nooo) much more energy used for far less useful utilities ![gif](emoteemo_pack_1im_fine)
don't necessarily agree with comparing bitcoin energy and fiat banking energy since the ratio of transactions processed per unit of energy is not close. but i had not thought about energy consumed by the us military as a proxy for maintaining protection regarding the us dollar.
i wrote senator warren about this earlier today hoping to educate her about crypto a bit. i hope it makes it to her. i encourage all of you to do the same:
imagine living in el slavador...end sentence. you all go from sucking one dick to the next
she was an economist by training and profession before her politics career. wrote books and stuff was it yale? harvard? one of those two i think. who should i believe about effects of x on the economy? you or her? i hate her guts by the way- but still - i think she may have you beat on paper ...on paper - long setup to get there ... but i did. thank you, thank you, i’ll be here all week, don’t forget to tip your server—- oops
lmao this post went from bitcoin to game of thrones
imagine living in el salvador and knowing that your country is so bad it has to rely on currency that is so easy to manipulate by thic boys with lot of money from 2k kms away from your home and you cannot do anything. decentralization only make capitalism 100k times worst
why at you picking on warren when there are so many others? nice way to shove your right wing views on what's supposed to be a non political sub
hypocrisy at its finest! although, i believe the actual term is called, "politics."
deep message written by 14 year old. bitcoin is going bring peace to the planet.
i just could not imagine the min transfer fee for bitcoin if it was equal to like a week's worth of work.
the us uses so many physical materials that take down whole forest and communities. our government is killing earth everyday
yeah, no. bitcoin needs to curb it is energy use. period. supreme leader musk hath spoken.
imagine anyone believing a single word out of her mouth. she is a lying hypocrite.
yeah it’s a shame. i helped campaigned for warren in my state last election before it was clear who the d front runner would be. hate to hear that from her. she’s generally pretty damn smart on economics, but this take from her is just bad. she has a lot of young, intelligent supporters too. so it just doesn’t make sense why she’d alienate so many folks who dig the many other great policies she supports.
rockets are good for the environment. tesla cars are all charged via non coal sources. hamburgers can see the future
she’s a fake ass progressive
do you know how much energy it takes to mine gold? as more power plants use natural gas and more wind and hydro power plants as well as solar farms are built at least the energy used for btc will be green. the amount of energy it takes is one of many things that actually add value to btc. it is not bitcoin’s fault that governments around the world have put off building greener power plants and continue to use coal and other things that pollute the earth that is the fault of law and policy makers around the world.
all right, fuckin smoothbrains: the average salvadoran earns less than bitcoin becoming legal tender is not for the masses. it’s for the rich ones. i’m going to get downvoted. i expect that since it turns against the circlejerk. but just as warren is feeding them fud, be aware that you’re subject to it, too. and there’s a lot of assumptions in this sub that aren’t realistic.
elizabeth warren standing up crying about the environmental destruction from bitcoin reminds me of this [old commercial](
they don’t even know who she is down there. and while i’m at it, i’m sure the tesla demand in el salvador is huge and so this is indeed significant.
this is the whole point of crypto, to live in a decentralised world.
i cannot believe i thought it was a good idea for her to be president.
do not be an idiot, op - making bitcoin political will only hurt bitcoin.
bro. you literally sound like a crazy person.
bitcoin is fake and not backed by anything. and before some moron says "the dollar is not back by anything" it is back by the faith the us can cover it and if the day comes it cannot we all have much larger issues to worry about
i had high hopes for her but man she has really exposed herself as being an arrogant idiot.
preach!!! your comment made my day :d ' do you not think, that cryptos will eventually move towards becoming greener? think about it, for how long have they truly been around? it is early-ish stages and i am sure there will be evolutions on how to decrease electricity usage.
shes a horrible person!
i’m not here to say bitcoin isn’t using a ton of energy but when you consider it’s a global usage vs what certain sectors just in the us use, i think we have our priorities mixed up. it’s just an easy target for people that don’t agree’t understand bitcoin or crypto as a whole.
i mean if we really wanna avoid destroying the planet we could just get rid of currency all together and go back to barter and trade.
anything elizabeth warren says is still smarter than the numbskullery statements made by republicans.
what policies of hers do you agree with? curious.
old people: *destroys world environment with heavy pollution companies like bp fucking up the gulf coast with millions of gallons of oil, carnival and other cruise ships dumping literal shit into the waters, forestry being cut and slashed and burned in the amazon, etc* old people: you damn young people and that damn greta thunburg, they are too young to know what they are talking about also old people: must be them damn bitcoins ruining the environment
imagine hating warren so much you remember that shit...
nobody talks about the environmental impact of bitcoin when the price is low. funny that
i mean she went after bernie sanders because she is a snake and tried to say she is native american and even made trumps jokes amusing. she has zero credibility and nothing she says regarding crypto should be taken seriously.
ah, an excellent case of "whataboutism" yes, we know this is bad, but what about this other thing that is worse!
one day of our military activities uses more electricity and causes more pollution than bitcoin ever will.
when doesn’t elizabeth warren sound stupid? she talks all this socialist talk while she lives in a mansion herself and has gotten rich off of the people she pretends to care about. just another fake politician pandering and virtue signaling. socialists don’t like the idea of people having their own decentralized currency or personal ownership of anything tbh. unless its themselves. then they can have mansions and mercedes and buy all the property cheap that they tell you your not allowed to have.
this sub is so filled with fucking strawman arguments like this and it infuriates me. u/-lightfoot did a great job pointing out how awful of a false equivalency you have in your argument, but it also does not change the plain fact that thistracting from your awful practices by pointing out others does not mean you're right it just means you have company being wrong.
can the op support the claim that the us dollar aims to destroy every other currency? do they mean foreign currency or something else?
what a dumb take, this is why i hate the crypto community sometimes
top comment proves you're full of shit and have no leg to stand on
bitcoin is the least of our worries when it comes to the well-being of the planet. whalers are killing dolphins, sharks and whales as we speak, destroying marine wildlife. oil companies like chevron are digging massive holes in the rainforests and third world countries, destroying wildlife and tearing communities apart so they can suck every last drop of oil from the earth. chemical companies are dumping toxic waste into rivers and oceans and nobody can do anything about it because these giant corporations can literally ruin your life because they’re in bed with the government. meanwhile, certain areas of the us are prone to having way more cancer cases than other parts and nobody knows why? using a computer to mine fake internet money is the least of our worries.
you sound like screeching 8 y.o.
she is right. bitcoin is a scam and only can prosper in an oligarchy like in el salvador. bitcoin is a "libertarian" (fraud) idea to advance their agenda of corporate feudalism.
this specific talking point has been raised more frequently recently and it’s so mind numbingly ridiculous, at some point you need to turn the camera inwards to see if you actually believe such a broad, sweeping and reductionist argument that thismisses pretty much every detail, or if you’re just mad your moonshot isn’t panning out as you hoped. embarrassing to see this so heavily upvoted here
i am no trumpet but everyone knows “pocahontas” is a fool
this post is nauseating and pretty cringey. "america bad and other stuff no matter in comparison!" whataboutismssss
it crashed get over it
bro who you calling laughably stupid ? that’s you bruv. that’s you
stupid fake indian should get her smooth brain checked
we had some extra data to consider that not many have talked about before. the gas used to get to banks should be counted, not just by the employees but the customers also. discussion from seven years ago:
holy shit, lots of intelligent and caring response. didn't expect that. expected more a circle jerk.
stop talking shit about our country...its our country even with its faults i know people that did not come back home to protect you and your money...so if you have to pay some tax dollars to keep this going so be it...choose your words my freind. freedom is not cheap...its earned
i’m just going to guess that us currency is just as unstable as crypto at this point. that’s the only way i can make sense of the poo-pooing lately. it’s all absurd.
idk what the deal is but warren fans online seem to be super angry and confrontational. i actually agree with a lot of her policies but i’m not a fan of how she plays the game. her stupid statements on btc is emblematic of that
who cares what some lady who lied about being native american thinks, her opinion should litterely be worth less than my shits
imagine living in the us and talking about el salvador
she is a complete moron
shes just a muppet, you know?
all they’re doing is try and hallow out america as much as possible, than move on to the next country. these people are sick.
fuck that stupid bitch she is almost as bad as kamaltoe
she isn’t wrong. if bitcoin replaced all currency with its current tech, it would literally destroy the planet, yes it is that inefficient. why are we so obsessed with btc? it’s not the way of the future for crypto, it’s dinosaur tech at this point.
imaging living and elizabeth warren's tells you something
the us is definitely the most threatened country by crypto. one of the biggest strong points of the dollar is that is used globally and if that changes by crypto its value could go down...and fast
nevermind the fact that printing currency cost energy, and produces waste. do they think we were born yesterday? i mean?!?!
there are no policy ideas i agree with elizabeth warren on.
she is just awful
elizabeth was just quoting an ancient lakota native philosopher named thinking bull. he prophesied: "bitcoin in future gobble up whole earth and sun".
another dinosaur saying fud.
warren has always been an opportunist; from lying abt her ethnicity to her dad being a janitor to accusing sanders of being sexist over a convo that took place a year prior, to her "i think you called me a liar" hot mic after a dem primary debate, shes a capital c
bitches about crypto destroying the environment, fills car with gas, while charging cellular phone with coal power.
honestly, the only mainstream politicians i've ever trusted were jimmy carter and andrew yang. warren, to me, comes off as an actor and i know when i see an act because my mother was the same exact way. complete meltdowns before everyone comes to thanksgiving then as soon as the first guest arrives its warm smiles and hearty laughs. also, i do a lot of sales,marketing, and filmmaking, which were used in full force pretty much by everyone in the 2020 race. that's why i think it is so sad when you hear the diehard supporters of people like harris, warren, or biden and to me, it makes me feel like we need some kind of regulation in how politicians are able to sell themselves to the public. famous actors doing a car commercial are supposed to be actors who put on an act to make you feel. but politicians are supposed to be boring and run the country well. they should only be allowed to focus on their platforms and the facts, not rosy heritage stories about how their pappy used to work three jobs to support them. anyway, warren is not stupid. she knows what she is saying and why she is saying it. i wouldn't take anything she says at face value. not saying she is evil or anything. just saying she is a typical politician and those people tend to have secret agendas and are manipulative even if they do some good in the process. that still does not make it right.
capitalism will destroy the planet full stop
f$&k elizabeth “pokahantus” warren.
as someone from mass, fuck her
shut the fuck up boomer
and the truth will set you free. preaching the truth
basically said what trump said. but the americans will have me believe that the dems are better than the republicans. oh they are so much more progressive, they could be. but on such issues they are the same. fuck donald trump. fuck lizzy
they all threatened because bitcoin cannot be printed out of thin air
this is the deep shit i m coming for... indeed they wanna destroy us all...
sounds like we need to swap btc out the window, inn with new tech. just like my old ibm computer. can't last forever.
im so hard for the u.s. dollar. some would consider me a simp. i’m a gimpy little simp for it that i can assure
elizabeth warren’s warnings about bitcoin like every other industry couldn’t be put under the same exact magnifying glass of where they source their energy. the argument she makes is lame-duck at best. comparable to the the nice clean petro-dollar we just left another twenty year war in the middle east to prop up but whatever. cryptos probably the problem here and not the literally non renewable resource backed currency.
imagine hearing 'christmas lights will destroy the planet'
another one of her arguments is that bitcoin is used to fund criminal activity. it seems she doesn’t care that 2 trillion usd is used each year for “illicit activity”.
in all honesty, we need her and other ignoramuses to say this as it will push more people into doing their own research and seeing that its the exact opposite. in this case, its not the most honest work, but its hard work😂
i do not think the people in el salvador care one bit about what elizabeth warren thinks. that said, bitcoin specifically is excessively energy intensive. there are alternative cryptocurrencies that are not.
cant keep printing bitcoin to fund wars
pow is battle tested. pos has yet to proove itself
and in el salvador a woman who was pregnant and fell accidentally lost her baby which caused them to sentence her to 30 years in jail
if politicians like warren would stop running global deficits and debasing peoples earnings and saving , then people wouldn’t need or want btc like they do and the price and energy use wouldn’t be as high. politicians have only themselves to blame for both the climate crisis and monetary crisis, so they should stfu and sit down while the people fix this shit the only way we can.
the last two presidents live in exile after embezzling funds. i want to believe this dude is going to be different. some folks resent the fact that there is no good energy infrastructure and we are about to gamble on this (and gamble not because it is bitcoin but gamble because we do not know if it is going to actually happen and somebody does not run away with the project money, or they hire some dumbass that knows nothing because it is the son in law of some other idiot that fumbles the project). and do not get me started about the military, not only on their spending but on their active role in the history of instability in the country.
whilst there is definitely an issue with energy usage with bitcoin, cryptocurrency as an industry is still relatively new, it does not mean people should give up on it, we need to develop things further, if countries start accepting more energy efficient cryptocurrencies as payment then we will see a shift away from bitcoin. change takes time, introducing paper money i'm sure had plenty of backlash, changing to a decimal system for currency would have also faced backlash despite it being easier to work with mathematically. bitcoin to me is like a proof of concept that the idea works, now others are building upon that idea with improvements and the sooner nations embrace the change, the sooner we'll be able to adopt a system greener than fiat.
war against crypto is finely designed and performed. comparing crypto's energy usage to countries is stupid if you think about it. because in this comparison you do not see or think about how much of it is green energy. you can make a lot of arguments on scalability, instability and scams in cryptocurrencies. for me, crypto is as instable as my own country's fiat money and actually safer than it considering the authoritarian regime. this is not the case for most of the western world. but instead, they talk about energy waste while not giving a fuck about actual world destroyers like cruise ships, oil drilling, personal jets and lithium mining.
this must be a joke.
elizabeth warren is an idiot and a hypocrite but bitcoin does consume a lot of energy.
nobody listens to her anyway lol
i totally agree. i love her on social issues for the most part, but she has financial issues all wrong. she’s a 🦕 on bitcoin. someone explain to her how wealth is literally going to transfer to those who have it and we need to get marginalized people to invest even small amounts as they can. she’s missing an opportunity.
false equivalence argument. she made some stupid comments regarding bitcoin but i’m sure she’d love to reign in on military activity like spending and energy consumption. so it’s not like mentioning how much electricity the military uses is saying anything really
i mean ffs, it is literally called the petrodollar. it is **the most environmentally unfriendly currency** that ever was and ever will be.
this is called a false equivalency argument. problems with one subject do not negate the problems of another subject. these are all issues that need to be addressed, their existence does not mean we should not be addressing the other issues too.
every bitcoin mined strangles a penguin with co2 so weirdos can buy cp and fent on the dark web. this is a worthwhile trade off so long as i get my tendies.
how is the usd trying to "destroy" every other currency?
god i hate whataboutism, why is it so hard to accept the fact that crypto can do better.
as far as i'm concerned all these things are just a symptom of capitalism. clean energy sources have been suppressed for a very long time now. harnessing the power of wind, solar, kinetic, ocean, and especially geothermal energies has the capacity to power the entire globe many times over in a much cleaner and inexpensive way. we could have converted by now, but unless someone can make boatloads of cash from solving a problem it seems no real impactful action is taken, even if these problems present an existential threat. unless we are ready to actually address the perpetual waste machine that is capitalism then i cannot take much of that thiscussion too seriously. attacking symptoms of a problem cannot ever solve the problem.
warren is a politician that means well; she is just misinformed and will probably come around.
politicians spend all day looking for some enemy to fight against to justify their existence . in the case of leftists their enemy is a domestic economic sector, in the case of right wingers it is some foreign country or sovranational organization the best way to suck air out of their room is to sit, smile and tell them: "we are enthusiastically waiting for regulatory input in the form of a bitcoin bill, if sen. warren wants our help we'll be glad to give it to her" problem is btc does not have a ceo to directly reply to her on twitter.
warren is a snake
people still are listening to this fraud politician? of course she gets donations from people who want cheap btc. if btc is so risky and used by criminals why do not they ban banks and corporations from going into it and offering services to their clients? it's all fud to make weak hands sell their btc. they are stealing everything from us , houses go up, inflation is tax etc etc... btc is the only asset you can truly own and they hate it.
imagine not being the usa...
the fact of the matter is that cryptocurrency poses a non-zero threat of energy waste compared to fiat currency. despite its positives, cryptocurrency still needs improvement if it is to be mass-adopted. i thought . turns out it is filled with a bunch of libertarian wannabes and "enlightened" centrists who think contradicting any kind of established politician makes for good thiscussion. it's crazy to this day how some people still meme about warren's american-indian-ness or lack thereof like it has anything relevant to do with the topic at hand.
one might consider that until the problem of organic decentralization arrives cryptocurrency will be heavily manipulated.
why do people complain about bitcoin and not switch to bitcoin cash? the same coin with a bigger block size which reduces the power usage! also, do not worry- once the final bitcoin is mined, then mining will stop too. i do not see many people wanting to pay even higher fees to miners. then comes miners leaving the network, 51% hacks, and a complete loss of trust in the bitcoin system. only inflationary coins that keep printing new coins will be viable long term ie litecoin, dogecoin, etc. pos cryptos seem like an undemocratic model that are likely to become the preferred cryptos of people who have a lot of capital like banks, coinbase, robinhood, etc., so i would collectively thiscourage people from owning them. however, i believe that pos will unfortunately become the preferred crypto model in the future due to benefits for the capitalists who own a lot of capital. therefore, it might be impossible to fight the banks, coinbases, and the media they own pushing pos coins.
uhhh. china uses the most electricity in the word. the us as a whole is ranked 2. considering that you whiffed on that i’m going to go ahead and assume you don’t know much about the topic as a whole.
the x hedgefund adviser concerned with social justice🤔
how does this decision effect capital gains taxes?
this is whataboutism. bitcoin has an energy problem. so does the us military. so do coal fired power stations in poland (for example). these things are all problems - and they are not related.
this girl told me she only watched the trailers for game of thrones. she doesn’t have time to watch the whole thing. maybe warren treats learning about bitcoin this way, who knows.
militaries and wars destroy insane amounts of land and ecosystems and biodiversity every year. don't fucking talk to me about bitcoin ruining the planet.
imagine all the people living life in peace
when did we start having to justify the energy we use in a free market? if there is demand for the service the energy will be provided, most of the energy is from renewable sources and buying excess production that would otherwise be wasted. how much energy does the military industry complex use? how green are they? this argument is nonsense. it’s all to spread fud. they are straight up concerned about the usd and competition.
gotta watch out for 🐍🐍🐍🐍🐍
imagine living in el salvadore
that lady is nuts
why is this broad even yapping about this lol.
this is such a stupid argument, obviously us banks are going to use more energy because they are wayyyy bigger than bitcoin. if we go off of a per transaction basis on energy usage, bitcoins energy waste is horrible. even if us banks were worse, why would we ignore a problem just because it’s worse somewhere else?
imagine if both. imagine that world
most folks in el salvador are not thinking about bitcoin and how much energy it uses, they are more concerned with the lack of social stability, gangs and criminals in general pretty much roam the streets careless, they rule vast parts of the country without much of a care. everyday people just want a better country, a safer country where their kids can be happy and fulfill their dreams.
imagine being so dumb that you equate energy used to run a global economy with a dogshit crypto coin that is long-since been outdated. us economy has a gdp of ~22 tril, while bitcoin has a market cap of ~600 mil, and produces literally nothing. there are so many other coins, more stable, higher supply, transfers that take far less energy. one bitcoin transaction takes up for more energy than 900,000 visa transactions. it's fucking stupid to act like bitcoin is not completely obsolete.
lizzy warren is a multi millionaire who acts like she cares about poor folks fuck her
imperialists, right down to their currency.
when she calls bitcoin "bogus" but cbdcs "legitimate", she is just revealing who her masters are.
imagine elizabeth warren claiming she is indigenous to score some pseudo political brownie points.
the us dollar is a pow currency, proof of war that is. whenever somebody tries to make a bad block or a new chain, the us goes to war to make sure that financial sectors and the political elite can continue to fuck us all over. the energy required to maintain this currency as the global standard is beyond imagination.
the energy used and pollution emissions are more when mining gold and petroleum then minimum a coin
sorry, i love crypto too but elizabeth warren is overwhelmingly more qualified in this arena (financial regulation) than the vast, vast majority of people, let alone bullish "experts" endlessly pumping on reddit. i'll accept my downvotes with dignity!
stop with this whataboutism. always the same with crypto people.
why is this garbage post being upvoted? comparing it to the military? really? what do you think would happen if we did not have one? you think china would leave us alone? and like it was pointed out, bitcoin uses up far more energy than fiat per transaction. crypto is great, but bitcoin is not scalable and we should be moving to more sustainable solutions, like pos coins.
i made a video about it! [cryptologic](
she out of all people should know why the lower class hates or generally thistrusts centralized banking. she is spent years fighting these people but i guess it is easier for her to just thismiss defi entirely without even knowing about it.
are there any implementation measures or any upcoming ones to reduce it. since they are now blaming wastage on bitcoin.
so will btc still be “king” for the foreseeable future? is the “flippening” realistic?
us hegemony is dependent on the dollar being the all mighty currency. if that’s threatened, so too is the american empire. i agree with warren on some domestic issues, but i definitely have issues with this. this is the same senator who unironically talked about making the military industrial complex more “environmentally friendly”. the us government doesn’t want poorer countries, especially ones in latin america, to be more financially independent. that financial independence makes it harder for the us to indulge in imperialism, like it has been doing for all of the 20th century and now
warren has always been against crypto. just another old goat catering to lobbyists and hindering progress. with the assumption that crypto is here to stay, let’s look at a few facts; btc is heavily institutionally invested. btc has a limited and traceable supply. traceable models are becoming a needed asset (ie: stock market, voting, media information, etc.) btc has reached 1 trillion market cap, currently around 700b; visa market cap is ~500b. jpmorgan chase market cap is ~500b. walmart market cap is ~400b disney is ~315b there’s far too much money involved in btc to assume it will fall due to “energy consumption.” energy will continue to be in unlimited supply far past human’s existence. how we create, harness, utilize, and extinguish energy is the real issue. a known issue for decades, is just now becoming a higher priority to governments and corporations. for decades, profits were prioritized over innovation. environmental impact is suddenly getting pushed on btc due to increased popularity and market cap. that’s not to say btc isn’t energy efficient, but the energy sector will continue to be innovative to address these concerns. the higher btc goes, the more energy it consumes, the more pressure and incentive for new technologies in the energy sector. btc is proving our current infrastructure is outdated. btc will continue to get shilled, but it’s here to stay and companies will continue to adapt to accompany it when they have a plan to monetize it. electives like warren are pushing the same bs corporations have for decades. pushing the responsibility of global issues caused by corporations and governments onto the consumer.
i hope all this leads to better data driven energy accounting over the full life cycle of products. there was a lot of confusion recently over grocery bags for example.
we need to get all of these tone deaf elderly fucks out of government
they're using the lightning network o/
it amazes me how some of these politicians spew lies and double standards... well, actually i'm not surprised, it is their job.
elizabeth warren can eat a hot beef sundae.
if you are in a country with an unstable monetary system and your livlihood is at stake, would 'golly this bitcoin is bad for the environment!' be the first thing on your mind?
people have jobs creating energy. so why worry so much about putting them out of work? clean might be better but coal burns clean now also...
you realise that the comparison doesnt work, right?
you could’ve stopped there...imagine living in el salvador lol yuck!
you can always count on this sub to overestimate the energy use of the traditional banking system without considering the order of magnitude more transactions they process in any given fraction of a second. bitcoin was an experiment in a self-sustaining decentralized network that uses bitcoin as a reward incentive. it was never designed to replace currency or banking systems. in fact dlt has never found a real use case outside of these silly tokens. you know what’s faster and cheaper than dlt? a central database. you don’t need “trust” when you run the whole network.
elizabeth warren is dumber than a pile of sick chickens, but this title is ridiculous.
just imagine having elizabeth warren represent your state and have people think the whole state thinks like that 🤣🤣
imagine using a currency that can fluctuate by 30% in an afternoon. its terrifying. the reality is cryptocurrencies have their place for moving wealth around easily, but as a replacement for stable government backed securities i dont see the case. milk going from . 5% annual inflation is scary enough. now add in transactions possible per second and you need to bring in middle men to make tps real time. do we wait minutes, if not hours at the grocery store while the cashier confirms our transaction is valid? this takes away the decentralized part and adds back big government. even with a crypto like eth 2 you'll have around 10,000 tps. far less than the global economy does. crypto will always remain what it is, and it is just a good way to move large amounts of cash around from restricted economies.
you know, safemoon requires zero mining…
i have no addition except to say that the dollar in reality is an “oil dollar”. so much waste generated with fossil fuels
now imagine that whole bitcoins were once given away to people as a prank and is based on a fictional currency from a children's online card game. oh, and there is no fdic for it either. if it crashes or you lose your account somehow, its just...gone. also, the currency is a fantastic means for cartels (el salvador, honduras etc) and cybercriminals to perpetrate financial crimes.
imagine mining next to a volcano
how can people in el salvador use btc for they daily life if fees are sometimes 20?
that's naïve af. if crypto becomes the currency of the future, you do not think rich people will invest in military and government to protect it?
stop mentioning el salvador likes it’s relevant to anything crypto related. the corrupt politicians are only pushing it for their personal gain, they don’t give a shit about the citizen’s benefit. 90% of salvadoranians are barely making , why the fuck would they care about a 1st world leader’s opinion about a fucking cryptocurrency for fucks sake? jesus christ these posts boil my blood.
wait until you see what the us navy does with the trash aboard ships.
why do those that shit on bitcoin always use some form of a logical fallacy?
imagine taking anything elizabeth warren says seriously. she’s a fucking moron which is why she’s failed every time her statements are scrutinized. ‘we’ll pay your college tuition if you make a certain amount of money. i’m not gonna calculate cost of living because i’m too stupid, so if you live in california where wages are increased due to insane col, you don’t get the benefits. everyone in mississippi does though!’ politicians get paid to talk, so put them in front a brick fucking wall and walk away.
elizabeth warren is a whack job
or just look at the carbon footprint the fake indian emits in her private air travel or 5 million dollar boston mansion
she is right though, op. bitcoin is a fossil tech that must and will be replaced.
maybe that’s why el salvador 🇸🇻, panama 🇵🇦, and paraguay 🇵🇾 are ignoring her...maybe mexico 🇲🇽 will be next, if news reports are accurate...
7 transactions per second vs the entire banking industry? sounds about right.
did you expect the banking system to give up without giving a fight!
it's almost as dumb as elon musk harping about the energy used by bitcoin when that mfer is trying to send people to mars and legitimize electric cars -___-
if i were living in el salvador, there’s an extremely high chance none of it would matter to me. i probably wouldn’t know or care who elizabeth warren is as she has nothing to do with el salvador. also, chances are very high that i’d be poor, so bitcoin probably wouldn’t mean much to me either. if i have no money to begin with, bitcoin doesn’t change that. i’m still poor. it’s like being happy to have a car when there’s no gas to put in it.
the problem is that humans are rather stupid and thistrustful of one another; hence the need for military forces that safeguard the wealth and interest of a nation, the dollar itself is nothing more than a vehicle for that wealth to be easily transferable.
i’m kind of glad this happened after the irs has already gotten used to the idea of taxing it, it’s going to be that much harder for them to do a 180 on that and try to restrict it now.
my real question is the viability of bitcoin in such a poor nation if the transactions are so high. i’m very new to crypto so excuse me if my question is stupid but wouldn’t it have made more sense for them to adopt bitcoin cash or literally any other coin that’s currently cheaper?
however stupid this statement of her was, it does not change the fact that bitcoin mining does waste tons of electricity. that's why eth 2.0 is the future of crypto.
have you been following elizabeth warren for long
you'd be amazed at some of the people that have watched got.
i still havent seen a study that estimates the energy costs of making coins, collecting and destroying out of condition coins, and then shipping those new coins. crypto mining can indeed be more clean, but let us not pretend mints run on solar energy farms or that bank trucks are electric vehicles.
but what does btc bring to the table? relatively nothing except consuming huge amounts of energy.
i'm just wondering how much is wasted on printing physical money
uhhhhh someone eli5 how the dollar has been actively destroying other currencies.
some call this fud... it is not its a reasonable concern. elon should not have turned it into fud. although he is walking, tweeting fud im not saying its definitely a huge consumer of energy, i am saying if you do not care about the environment... you're a piece of shit! there i said it. there is plenty of viable eco-friendly options for venezuela. the crypto wizards of the world can address this and either thisprove or solve the problem.
i mean when you are one of the embedded ones finally, why would you want the system to change? i think both can coexist.
one of the main reasons us overthrew saddam was not to take the oil, but because saddam was planning on shifting the oil trade from the dollar to the euro in defiance of the us domination of the market same with gaddafi, who held most of europe’s politicians in his pockets, and was planning on a pan-african currency to stop the western dominance of the african markets
imagine being from el salvador and caring, lol. i would put the probability that bitcoin achieves widespread adoption there somewhere around 0%. i mean, real talk, if highly developed countries with excellent it infrastructure are experiencing insurmountable hurdles to adoption then it is going to take a literal miracle for crypto to achieve any kind of penetration in a country where most homes do not have internet access.
the irony is, mining is basically like printing new money. so producing the equivalent amount bitcoin would have to be compared to producing the equivalent dollar amount of physical currency in every country in the world (ie the energy cost of growing the plants that went into the production, transportation of the raw paper and cotton, printing of the paper money, environmental impact of the ink itself, then the impact of getting that currency into the hands of essentially every human being on earth) i feel like we'd need to consider all those factors against the energy cost of mining
imagine being asked to not destroy the planet even though others are destroying it as well. ok, that did not work, let us try again. imagine not being an asshole even though some other people are assholes. nope. imagine being every way as bad as the group of people you criticize, but using hyperbole retoric to cover that. okay screw that. crypto good, government evil. boomers fear us. lambo, moon, pump.
nah land crabs are all over the planet!
this is all proof nihilism is the way.
imagine being so stupid as to think that the purpose of the us military is to prop up the dollar.
what's your favorite defi token?
the thisparity between what the elites _say_ and what the people _feel_ is getting wider by the day. one day soon, it is simply going to snap.
not sure why reddit hasn’t awoken to the idea that populism is the enemy of the elite. it’s about money. anyone threatening the world bank and the worlds richest people are doomed. you really think ew wasn’t put up to this. wake the fuck up. stop getting mad at the puppets. you’ll just end up voting in another gatekeeper approved puppet who tricks you with empty promises.
something to keep in mind: el salvador uses the us dollar, so anything that protects the value of that dollar also helps el salvador. i don’t thisagree with what you are getting at, but a lot of people are not aware of this
warren does not want individuals to truly have financial freedom. she is all for massive taxation
isn't a barrel of oil always valued in american dollars ? wouldn't that be the first step to nationalize the barrel of oil from the dollar to another currency?
i work by a reserve base and every day, all day long, they’re flying carriers, fighters or uav’s in a “small” circle, coming down, and lifting up again and again… just one base, how much fuel are they using, there was an incident on 2019 where an armed fighter crashed against an occupied warehouse (no casualties) and the live ammo had to be retrieved and detonated in base, but all that money and environmental damage: bitcoin.
it’s kind of like rain on your wedding day.
energy is infinite fucktards go research nikola tesla and his tower where he harnessed infinite energy
bitcoin is clearly and avengers level threat
yup. i hate these shills like warren. downright dirty shill spox for 1%.
mr garrisons voice, “ the usa 🇺🇸 is baa- uuuuud !”
ew made a public statement on got? wtf 😭
yet warren **still** has a good point about the environmental impact of crypto. nuance is a thing.
i think we can all agree that 99.% of politicians suck. exactly none of them should be messing with my crypto because they do not represent me.
like lets talk about real things, the only reason of why "el presidente de salvador" made bitcoin legal was bc he and his cronies wants to launder money, as simple as that, this is coming from someone who also lives in a very corrupt latin america country aka mexico, if they do that here i will know it is just bc they want to launder money.
may be relevant to the argument being made, that el salvador uses the us dollar as its currency.
literally lost my when you said you agree with warren on anything. at. all.
🎵 snakes gon snake, snake snake snake snake 🎵
imagine being dump enough to listen to old bag warren😂😂😂😂
i think you just heard “elizabeth warren” and went into outrage mode.
hope the us dollar crashes so we could hit that reset button
lol rather just look at the energy consumption of a us household.
imagine thinking your country was the only country in the world.
to am really interested to see how this mew digital currency adoption goes in el salvador and the other countries. i think this could be great!
pleasantly surprised the general consensus here is the fact that btc is a huge waste of energy.
*but her statements on bitcoin yesterday were so laughably stupid.* when have any of her statements not been laughably stupid?
elizabeth warren is an outrageous hypocrite, an opportunist and a liar. my favourite part is when she tries to hide from the camera as she is caught thisembarking from a private jet.
someone should make a pic of that old native american crying over the environment, except its warren in full garb crying over a mining rig.
never forget what france and the us did to libya (and vietnam)
call me crazy but... what if… both are true and are horrible for the environment?
lmfao i am sure the salvadorans are fuming
i do not own any cryptocurrency but i find it hilarious that all of a sudden our leadership seems to give a shit about the environment and climate change when it is crypto, something outside of their control, but cannot seem to get the bare necessities passed to start to address climate change. our government is very sick right now.
elizabeth warren? you mean fauxahontas? yeah, shes not exactly known for being intelligent or honest. she ranks just slightly above aoc on the crazy-eyes-crazy-democrat scale.
i just do not invest a lot of energy in the opinions of elizabeth warren.
but visa is corrupt and centralized and deserves no credence in this sub. energy will work itself out. people were up in arms about wasteful personal computers in the 90s too lol
she’s the absolute worst. unless she’s destroying john stunpff. that was epic.
she is like every millionaire actor. the sanctamony of these peoples opinions is almost a parody at this point.
this is the tu quoque fallacy. the claim that bitcoin is too energy inefficient to be utilized as a large scale financial system should be evaluated on its own merits. the characteristic, or actions of the person who made that claim has no bearing on the claim itself.
her goal is to gather support for a central bank digital currency. take everything she says about bitcoin with a grain of salt.
y’all chucklefucks are killing the planet and you don’t even care. i hope you all suffer from climate change for your crimes against nature.
imagine living the unites states and thinking that bitcoin has the remotest chance of actually helping someone in el salvador more than reform targeting climate change
imagine believing what politicians say
the dollar destroying other currencies, since well as long as it’s existed.
i remember about 8 years ago when i lived on military base housing, we did not get charged for using extra electricity. i could not believe that, some base housing neighborhood are the size of a small city. i cannot even fathom how much energy the military used before they started charging for overuse
you seem to presume that warren backs us global supremacy.
poor countries cant afford to worry about whats bad for the planet, we see this everywhere. thats why they need to get wealthier.
this era will truly go down as the "age of hypocrisy". and it is infested in nearly everything you can think of.
lol, listening to american politicians how you should live your life.
just realized i have not, for one second, thought of game of thrones since it ended. what a flop
it is not necessarily in the interest of the dollar to destroy other strong currencies. if the dollar is much stronger than the euro, that means that it becomes very cost effective for us consumers to buy manufactured goods from the euro zone and in reverse very expensive for them to buy our manufactured goods. this is not necessarily to the narrow self interest of the us, regardless of your views on us hypocrisy and ugly foreign policy decisions. take a class on basic econ, or perhaps don’t blather about things without knowledge.
she said it was a bad investment. my bank acct says she is full of shit.
how would you explain the benefit of crypto currency? how can you guarentee the value? how is it not a pyramid scheme? please, explain it like i'm 5. i just do not understand how it is safe and maybe that is why she is thiscouraging it. i'm not talking dogo-coin, but exchangeable crypto currency. where is the trust?
imagine living in el salvador and understanding that your president, instead of trying to fix problems, made an announcement about bitcoin that overshadowed all the other news. including news about how he was trying to undermine the "checks and balances" in the federal government. you do understand, right, that some 21% of el salvador's gdp is from remittances? i'm not against bitcoin or other cryptocurrencies but this is so obviously a play by the president to avoid the real problems.
the military’s only purpose is to protect currency? when did that start?
wow. very thisappointing hearing her jump on that band wagon. just completely uninformed. as i am listening to her statement, i am thinking 🤔 what about the usd which is directly tied to the system fucking up planet earth? sadly, there are very few representatives (on either side) that understand the impact cryptocurrency is having on the unbanked, the middle class or poor. it is a great opportunity for real change.
iwe just started using bitcoin en mase 10 years ago? all the other harmful stuff before that is just perfectly perfect witg no environmental impact? smd
visa uses less energy in 100,000 transaction than btc does in a single transaction. you’re not making the point you think lmao
they know crypto means freedom and they would not let their control go!
to be fair cryptocurrency is new and new things are evil, so...
bitcoin is wildly inefficient. there are better cryptos out there like stellar lumens or anything pos. switch to that and then there is no argument against it. bitcoin is a dinosaur
imagine living in el salvador and your tinpot dictator, who sends soldiers into the local legislature to intimidate the representatives to pass the laws he wants, now pushed a bill that will allow him to syphon billions out of the country in untraceable money.
man...i hate to tell you how much energy is used to produce the ability to post on the internet...
how many times do i have to comment idc to stop seeing bitcoin on my feed. crypto’s useless unless you like to gamble on when the next whale cashes out edit: or if you’re buying stuff online i guess?
she’s right though. crypto is insanely carbon-intensive per spending power. ecuador won’t be inhabitable if we keep adding new emissions instead of taking them away.
imagine if people like her, elon and others would shut up about crypto and let it be. wow, a world where people stay in their lane would be so great!
wtf! everyone acting like this america’s involvement to protect their own self interest is new!! forget russia it was america that started the misinformation campaign in other countries.
ok. the energy used by banks and the government to protect the usd is nil. the fed controls interest rates and they’re neither the government nor a bank. the government runs deficits that weaken the dollar. the military? wtf. you don’t understand bro. the usd aims to destroy every other currency? explain because this is an outlanthish claim.
i live in ma, have voted for warren for senate, and i cannot stand her lately. she is full of dumb takes and bad policy positions.
lol because warren has the power to change all that? can't really be hyprocracy when the person has no power to change their end really.
and more ripe for theft, laundering, tax evasion...
—the person who thinks bitcoin needs nothing but nice thoughts and good intentions to exist.
for what it’s worth, she also has a lot to say about the us’s energy consumption and economic imperialism
elizabeth warren, like most politicians on the national stage in the banana republic of the united states, is a parasite. these bad actors are unworthy of the positions they occupy, but until something is done about it, it is only going to get worse. apparently, people are still too comfortable to inconvenience themselves for the good of the country, so we might as well accelerate the thissolution allowing these idiots "in charge" to keep pushing their destructive agendas, sowing division, and destroying the economy. this is why decentralization is so important. the ship of fools is sailing towards the rocks. the best thing one can do is join a competitive ship or construct their own.
this post does not really belong on this subreddit. way too political and inflammatory and clickbaity.
imagine living in el salvador and just struggling to live, and having never heard of crypto or warren
bitcoin mining uses less power than traditional banking... js
imagine telling people what to imagine.
this "well they are doing it too!" attitude is stupid. i do not know the figure on electricity consumption of banks, the military, and other sectors, but them using more does not mean the energy consumption from crypto is not an issue. "why should not i kick puppies! that guys kicking human babies! puppy kicking is not so bad!"
developing nations need to thistance themselves from the u.s. in any way possible. stop taking usd as currency and start using crypto instead. reduce the need for banking after seeing how destructive it is on our economy and environment.
(clean energy) from cow farts and shit could easily implement crypto farming bitcoin. but you know how jpow and the bois would feel about the power shift. that does not mean you cannot use renewables to farm crypto and act as a profit factor to the world and economies of the free. could run their website on a dapp for starters if they wanted to support eth.
smfh it boggles the mind how the fuck she is so stupid and she is a sitting u.s. senator and she does no research when what she says is debunked!!! gawddamn she is insufferable i wish someone calls her on her bullshit... someone told her to talk shit about bitcoin, she wasnt saying nothing about it at all years ago
not laughably stupid tragically stupid
i'm curious, still new and learning things, but if? as far as i know every country is indebted trillions of dollars with each other, wouldn't crypto just remove that.
there already are solutions to bitcoins insane energy consumption. iota uses 612 million times less energy than btc and has zero transaction fees. bitcoin is outdated tech that will eventually crash to near zero.
they say crypto is a ponzi scheme with no value. yet they want to tax it. they want to regulate it for consumer protection because they may risk consumers losing money. yet the top causes of bankruptcy in america are medical bills, job insecurity, and easy access to (predatory) credit. i do not see them addressing healthcare for all, basic income, or regulating banking. they say it is bad for the environment, when did they ever care about the environment? i do not see them agreeing with the green new deal, or even supporting the non-binding paris agreement. they say it is used for illegal activity but the same thing can be said about the us dollar. i do not see crypto being used to fund trillion dollar wars in the middle east, or .
ms. warren should consider to look up own carbon footprint at first.
warren is an idiot and a fossil from archaic times.
bitfarm miners use hydroelectric power. i wish elon would take notice.
what about their private jets they all take to conferences. that must be helping the environment.
i can tell you, that the worse case scenario... we all gonna *die*!
consider living in a third world country where all the first world countries tell you you can’t have coal fueled power plants because of the environment but most of those countries have had coal fuel for well over a century and the alternatives they give you are too expensive or won’t work in your countries climate etc. so you can never move from less efficient to more efficient the way they did. then they tell you you can’t choose to use a currency because of the environment.
the op is so wrong that its hardly worth refuting. ' us spending isnt to protect the dollar it spends to protect the us. the dollar also exists to protect the us. ' ' minable currency is one of the worst currency ideas ever(using human body parts was the worst).
the old “we are already fucked.” i wish we could be better. the internet could connect everyone. we had potential to change. but we are still hung up on religion. we need an army because russia and china have an army. but i’m at the point where i am starting to think america should say fuck it and try thismantling the army. we are fucked anyway. maybe russia would be cool and do the same? oh fuck… nope. perpetuation of the past flaws. we could’ve voted for bernie… we could have fucking voted for bernie.
nano, green energy efficient, zero fees, instant
the world will for sure not make big efforts to make bitcoin greener.
i am skeptical of anyone who claims warren has some good policy.
the people on top are dumb as shit. if they just adopt bitcoin and peg the dollar it it they would already be saved. the gov is losing power and the only way to gain back the power is to peg the dollar to bitcoin and done!
liz warren is a dumb old bitch that feeds her dog burritos
if pocahontas can lie about being native american throughout her career, using her 'minority status' to achieve wealth and status, the people should not listen or believe another word out of her d\*ck sucking mouth.
the fact that you admitted agreeing with elizabeth warren on anything (in public) and not knowing how, "laughably stupid" she sounds (when she talks)... you deserve a cookie! lol
elizabeth warren is not a good person. she put native american on her college admission when she has less than 1% native american genetics
she should go suck a dick. actually, if she had sucked more dicks in life, she probably wouldn't be that annoying.
bitcoin price barely moved so i guess this is a sign of everyone not caring about what she can say.
she is another pretender working for the elites while her followers eat her shit up.
warren is super boomer. you do not have to actually be the boomer generation to have your head so buried in the sand that you are a boomer. you just have to have your head buried in the sand. if you're playing this game from the civ perspective, you obviously move to crypto, and the action lets you shut down a shit ton of shit industries, pointless jobs, and predatory capitalist companies. power saved.
lol the us dollar is not designed to destroy every other currency. 1) it is not even designed to keep itself from being destroyed. 2) a lot or other currencies are pegged to it.
and what about those stupid face mask that aren’t worth shit that ppl drop every 5 min in the garbage ...
this sub is turning into a bunch of factually wrong comments. bitcoin and the energy used to secure and confirm blocks is an entire system (relating bitcoin energy consumption per transaction is like relating the internet energy consumption per email). the energy used is the market driven amount to be dedicated by people voluntarily doing so at that point in time. put another way...if bitcoin is a waste of energy then people would stop dedicating energy to the system. it is a self correcting issue and not something that needs to be solved. however, since we clearly see people are willing to put more energy in the system then we see that it is in fact not a waste and people find it to be valuable. to put yet another way, if you believe bitcoin is waste of energy then short it because if you are right hashrate will drop and price will follow.
they are attacking bitcoin, which is seen as a keystone in crypto thus if you attack bitcoin you attack all crypto, because its decentralized and cannot be under their control. furthermore, they have the intent of replacing the dollar with their totalitarian [fedcoin]( (like the "conspiracy theorists" have been warning for a long time).
you can’t scrutinize any dems on reddit! lol
this is all bullshit.
pocahontas has lost her damn mind
in this thread- bootlickers that refuse to look at the big picture. fuck it is depressing
imagine elizabeth warren telling you anything, ever. she is just horrible.
how does the us dollar aim to destroy other currencies? ridiculous
elizabeth warren is the elon musk of politics. just wants to get her hands on stuff and claim it as her own
double standards at its finest
yes mining uses a lot of energy but the most people who say this, have a malicious reasoning! bitcoin threatens their wealth that is why they bring up this issue, there are much bigger players using far more energy for a far less useful utility
> her statements on bitcoin yesterday were so laughably stupid. i love how you provide no rebuttal or evidence to the contrary. you do you.
big shout out to elizabeth warren for helping to tank bernie sanders campaign in exchange for a cabinet position in joe biden‘s administration which she never got. go to hell idiot.
she was right on both counts. bitcoin sucks and consumes too much energy. to state otherwise is to lie. the end of got was extremely sexist as were many other episodes of that show (one of my favorite shows despite the blatant sexism).
imagine pretending you give a fuck about the people of el salvador.
>imagine living in el salvador \*does it\* ok, how much woulkd i need to mine to cross the border?
ew is a fucking moron. periot!
pocahontas is the greatest asset for crypto, as long as she is hating on it, i will be buying it.
the freak outs about energy consumption by poor people trying to help themselves financially... tell me again, mother socialist, why having every single automobile on the electric grid is a positive? we can’t handle the usage needed as it is. i get the feeling that poor people won’t be allowed or “deserve” vehicles... any more than they deserve financial freedom from crypto or the right to make decisions without having mommy warren or sister aoc put a stamp of approval on their consumption.
gotta love people who do not actually know shit about shit making stupid declarative statements to protect the fact that their hobby hurts people.
the csa (corporate states of america) will fall and is falling behind the rest of the world because of their incompetent politicians (not to mention, bought and paid for by their respective corporate sponsors). the neoliberal csa needs to be felled. only the people of the old republic (usa) can do that. but, sadly, i think they also have their heads up their collective arse.
"warren said the cryptocurrencie's promise of boosting everyday american has failed to materialized. " i must have missed the memo on that. also, is not the job of the american gov't to "boost" everyday american. it's certainly not the job of a decentralized cryptocurrencie.
absolutely destroyed her, bro. probably never even heard her speak, but you're right.
imagine having a public conversation with yourself thinking you were being insightful and witty only to reveal that your intellect is thimble deep.
elizabeth warren knows next to nothing about modern technology. she just repeats everything the media says like a parrot.
i cannot fucking fathom people listening to e warren after getting into a form of currency designed to break away from the us dollar. ' you are listening to a pre boomer talk about currency designed after the year 2000. ' think about that for a second.
i find it insane that this is an argument when you can reduce it is carbon footprint by switching electricity production to renewables and ditching oil etc. surely it should not be blaming crypto, but rather the dinosaurs who cling to the last vestiges of the oil age?
she is got the energy of a vegetarian ranting about animal rights while ignoring that their cheap veggies came from slave labor
these devils in the government will stop at nothing to destroy crypto
congratulations op. this is the post that made me block this dumbass subreddit.
she doesn’t know what she’s talking about at all. as per most things with her, she just agrees or thisagrees based on how her contemporaries feel.
i think crypto will replace us dollar and all fiat currencies once inflation hits. it’ll be the trusted currency imo but i don’t really know what i’m talking about, i’m a running shoe designer.
so you vote for the criminal republicans? fuck off corporate shill.
her first nation blood must be boiling...
you lose me at el
i’m a far lefty, and i’m so over the corporate woke bs. crypto doesn’t need to go to renewable energy. everything needs to go renewable. but that by definition means shutting down the military. the us empire will never willingly do this. anyone who says “crypto uses too much fossil fuel” or “needs to go green” is a bad faith actor who is lying on purpose. also, warren is a snake. sssssssss 🐍
typical us policy... us first and damn others.
it's becoming clearer every day, politicians are our enemies. they do not care about us, only themselves and their corporate overlords or whoever the hell the take orders from. time for direct democracy, we have the technology.
i've seen this argument including the energy usage of the us military before. its a false equivalency. if the us gov decided to use bitcoin and it became the main currency in the us the military would still exist. militaries exist to protect raw resources and to exploit resources and leverage influence of other countries. so you cannot just stack it is energy usage against bitcoin and say "look bitcoins energy usage is not so bad."
congrats, this is the post to get me to block this sub.
i know an older army guy who was stationed in germany back in the 80’s. he loves to tell this story about how one day one of their assignments was to drive all the trucks, jeeps, humvees, everything that was road legal through the german country side for the day. why? basically because budget analysis was coming up and they didn’t want to lose any of their money so they drove all these vehicles all day to waste gas and to refill them all back up with millions of dollars worth of gas. but anyways. warren is a shill puppet and folded faster than fuckin laundry.
the amount of stupidity in the comment section and misunderstanding of how energy consumption within bitcoin works is mesmerizing. remember people, we are still fucking early. they see... "muh 0,5% world energy consumption" and that is that, they take it at a face value, they do not understand the implications, they do not understand where this energy comes from, they do not understand anything. they just gulp whatever the media is saying. people do not deserve freedom, they need to stay slaves to their overlords. day by day i am more convinced that we have a clear thistinction within our species and that is the one that rules and the one that is being ruled.
she is a stunning example of why it is such a shame covid did not decimate congress
this is not the same thing. you're an idiot.
this is a shitty argument. bitcoin is wildly wasteful energy wise and it’s only going to become more wasteful over time as complexity increases. just bitcoin alone uses more power than argentina or ukraine. that is unjustifiably awful for the planet. is the us any better? absolutely not. nobody is saying it is. but i’m confident that bitcoin blows away all other power use in the financial services industry. and i have no idea about your point in government or military. does the presence of higher energy wasters preclude everything else from being wasteful? like, unless you’re the worst do you have to do something about it?
everyone knows it’s not the final season of got that was sexist, but the entire universe of got
lmao at this whataboutism. maybe both can be bad at the same time.
lizzie be wanting to yolo on crypto if she can just bring the price down some more.
she pretends to be an american indian who cares about the environment, but in reality many american indian tribal members thinks she is a racist white woman playing dress-up while condescendingly misrepresenting native issues.
what is your bitcoin worth without the banking system? honestly what is your bitcoin worth without the dollar, which necessitates everything you listed in the title.
i’d imagine i’d go blind by rolling my eyes back in my head so far they detached. “the americans, they’re talking again.”
what would you expect from someone who made a whole presidential campaign just to take votes from bernie and "expose" him as a sexist.
honestly the facts does not matter , it never did. they will spin it however they want. they have a lot of power and influence, we just have to sit tight and fight this tyrant
she is a real piece of human garbage 🗑️
she’s right and she is also go reducing the military budget so i’m not sure what your point is?
christ almighty. just accept the fact that bitcoin uses up a huge amount of energy and its incredibly wasteful compared to the traditional global financial system. then continue buying btc as per the norm. i mean i know the meat industry commits literal torture to livestock, but i still eat meat ya know?
bitcoin currently is bad for our environment, pal.
i’ve come to regret this post for a few reasons, but honestly this is the thing i am sorriest about.
my ptsd was triggered, thanks op
it is more about the amount of energy consumed than its source – using green energy in exceedingly large amounts is still wasteful according to [their blog]( eth is supposed to reduce power consumption by 99.9% with the move to proof of stake **edit**: added link and changed 99% to 99.9%
exactly. i keep seeing this argument being thrown around, bringing things like the military into it. the military has nothing to do with it. if fiat's like usd folded, and were replaced with cryptocurrency like btc, the military would still exist regardless. we might as well be talking about cows farting out methane. it has about as much relevance to bitcoin as the military does. it would be great if bitcoin was more energy efficient, but i wish people would stop comparing it to completely unrelated systems. it feels more damaging than anything else at this point.
exactly. the existence of other wasteful uses of energy does not justify another wasteful use of energy - especially because we have alternatives for pow.
ignorant question: can it be made better? i know that’s what they’re doing with eth 2.0. but i know some things can’t be changed about btc. so is it possible to change it to proof of stake?
>visa requires 149 kilowatt hours for 100,000 transactions. bitcoin requires 741 kilowatt hours for one transaction. a bitcoin transaction requires 74 million times more energy than a visa transaction. is this to process one transaction or one block?
visa does not maintain a currency, they are a layer on top of it. this is a very apples to oranges comparison. bitcoin uses a ton of energy. the us also uses a ton of energy maintaining dollar hegemony. quantifying how much energy is spent to do this is not easy. is the us military, which is partially used to maintain hegemony included? do you include the energy consumed by all of the fed employees, security services, bankers, regulators, accountants, lawyers and politicians needed to keep the dollar functioning as the world reserve currency? hundreds of thousands of people's productive capacity is spent towards keeping the dollar system running each year. it is easy to account for the total energy cost for the bitcoin network, but nearly impossible to do so for usd. a more fair comparison might be how much a energy a lightning network node uses compared to visa. just tax all carbon emissions and let the market sort out what is valuable to spend energy on.
what do you mean by "a bitcoin transaction"? as in, one block mined? because that is *not* equivalent to one transaction on visa's network.
yet another heavily oversimplified take on consensus and energy usage thisguised as fact. pos =/= pow for both the bad and the good. if you don’t see the negative trade-offs you probably still have more to learn. a classic tenet of upvoted content here on r edit: missing =/=
>pow mining btc is a store of value though, right? so transactions should occur less frequently than other currencies with utility like ethereum. i actually find your post kind of a misdirection. no one seriously considers btc will compete with visa because btc is not designed for payments.
you're wrong. bitcoin does not require "741 kilowatt for one transaction", bitcoin requires that to exist, what is totally different. could you calculate how much energy satoshi waste to create the first block? could you calculate how much energy was used to spent 10.000 bitcoin to buy a pizza? no, you cannot. because hash hate is not related to the quantity of transactions, but the amount of economic power interested in rewards, not to make a transaction.
correction: one **hash** a lot of people seem to forget that 1 bitcoin hash can be a batch of millions of transactions. clearly there is still a ton of misunderstanding on what bitcoin is. we are still early.
your comment is as stupid and superficial as warren's
all that information is wrong and has been debunked many times by real experts vs msm "journalists". also, the fair comparison would be lightning network vs visa: [lightning is 3.7 million times more efficient than visa. a comparison of visa and lightnings throughput to energy consumption.]( edit: more evidence below these are the most relevant links debunking the bitcoin energy usage fud: newest reports:
very thishonest analysis of how bitcoin works... calculating energy per transaction is nonsensical - blockchain tech is not just about transacting, the energy keeps your value safe! when calculating the energy needed per transaction, people pretend that blockchain technology is only about transferring value. what people still often miss, is that a blockchain is also meant to store value. when you're only interested in transferring small to medium amounts of value quickly around the world, then you can use a lot of different coins. especially when you are going to convert that coin again to dollars or euro's for instance. but this decentralized blockchain thing is not just about transferring value quickly! being able to store value is an even more important feature. many reading this might not have experienced the 2008 financial crisis from up close or do not really know what it is about. in 2008 the worldwide financial system was on the verge of collapse. if it would have collapsed, this would have meant that we wouldn't have been able to do payments anymore, causing a very serious unprecedented crash of the world economy. how many people realize how important the flow of money really is in a modern world? it basically has a utility function just as gas, electricity and water. we need to be able to do payments to keep our modern world running. the worldwide financial system almost collapsing was a huge happening. and just so people know, there was a time when people understood that payments had a utility function. i believe the glass-steagall act made it so that consumer banks (the ones facilitating everyday payments) had to be separated from business banks (these would do the more risky financial stuff). but then bill clinton rescinded glass-steagall and consumer banks and business banks could become one and the same basically. in the end this resulted in huge problems in 2008 and the worldwide banking system almost collapsed. and in some countries there were actually bail-ins where the banks would take people's money and confiscate it. there was actually talk by some politicians to sign this type of policy into law. just imagine working hard all of your life and storing your value with a bank and then the bank taking that value to safe itself because it mismanaged itself. decentralized blockchain networks are meant to counteract this whole entire problem that came to light in the 2008 crisis. these new decentralized systems are not meant to just be a solution to banks being very slow with doing payments and charging large fees. we want to move away from the old centralized banking system and therefore we also need to be able to store value in a blockchain. the point of this thread is to show people that the large amount of energy needed to run pow blockchains is to keep the value stored in the blockchain safe from attackers. the energy is not only used to perform transactions and just transfer value. the value stored in the blockchain needs to be very very safe so that people can actually have trust and know that their value cannot be stolen by the network being attacked. when you want to attack the bitcoin network you will need such a large amount of energy, it is become impossible these days to attack the network from this angle. that's quite comforting is not it? it's quite comforting to know that if you store your value in the bitcoin blockchain, that value is safe and you do not have to worry about someone using a bunch of asic miners to attack it, as has happened with less secure coins in the past. and you do not have to worry anymore that mismanagement by greedy banks or stupid laws written by politicians will cause you to lose your stored value either. so in other words, things are supposed to be this way. don't be misdirected by people that do not fully understand this space yet or by the ones that purposely spread fud.
bitcoin burns the same amount for full transaction capacity, or for zero transactions. saying x kilowatt hours per transaction is misleading at best, and an outright lie at worst. bitcoin supports the exact same number of transactions if we shut off half the miners and used half the amount of energy. number of transactions has a vanishingly small effect on the amount of energy used. that said, i like where eth 2.0 is headed with proof-of-stake.
i've always found this comparison to be pretty misleading though. comparing crypto transactions to visa transactions is comparing apples to oranges - a visa transaction means one transfer of currency between accounts, whereas a crypto transaction means putting one block on the chain. there's no reason that a block cannot contain hundreds of transfers. don't get me wrong, it is still pretty bad, but it is nowhere near as bad as quoted.
the future will be a combination of different proofs. there are tradeoffs for proof of stake and proof of work and utilizing both is where things are headed.
seems like an unfair comparison, when there is one transactions in bitcoin that also includes the power needed to send it by the sender and recieve it by the reciever. when there is one visa transaction, you still need to factor in the power cost of the financial institution that provides the visa services to the sender and same goes for the reciever. one btc transaction is a full transaction. one visa transaction is only a fraction of the whole transaction. and that is only the digital transaction, after that my bank will physically send the money trough a long way of other financial institutions to your bank. why is not all that power factored in your calculation? i work a financial institution that used 152.777.350 kwh in 2014 (most recent numers i could find internally). how can i call this energy efficiënt when i am from a small country and we have like 5 comparable institutions here? thats 763.886.750kwh just for the banks in my tiny ass country. and i am not even taking into account external players like fiat transport and all that stuff. as long as we dont have a number for power usage of all financial institutions worldwide it is a useless comparison to make. the only reason they can use this argument is we have no clear number and it is a massive undertaking to get those numbers. and they know it. edit: not trying to argue that btc is super efficient, but it is way more efficient then the system we use today. edit2: the whole btc network uses 110 terrawatt hours per year, considering my tiny ass country is close to 1 terrawatt hours just to power our banks and we can fit 321 times in the us, i am 110% sure our financial institutions worldwide use way more then the btc network. edit3: i also made an unfair comparison, see comments below. i thunk the main takeaway here is: it is impossible to make a fair comparison, we do not have the numbers required to do so.
has anybody calculated what visa? how many employees they have driving to and from work? or how many sky scrapers they own? or how much plastic they create? i think we need to look at it from a birds eye perspective
why is this comment not higher? had to scroll down to see the first reasonable post lol
this is just a huge ethereum shill lmao
it seems reasonable to compare all components required to secure the traditional financial system to all components required to secure the bitcoin blockchain. while individual transactions for bitcoin are far more energy intensive, is the scaled network worse than what is needed for usd security?
on top of that no one should be using bitcoin as a currency, it is a shit currency to the extent it even qualifies to be called a currency.
this sounds like bs to me
you have overlooked energy required by bank to be operational for the transaction to go thru. it’s always overlooked.
bitcoin was never about competing with visa.
beyond pathetic that this comment full of lies is the most upvoted you shitcoiners are really low life people
you're quite wrong about all of your statements. (1) visa does not make transactions. no money gets laid through it. it only caches requests for payment and submits them to banks -either directly or in the end of the month- who will then try make a transaction. (2) bitcoin does not have a per-tx energy cost. mining is unrelated to txs. without txs the cost of mining would be about the same. (3) bitcoin does not have a limited number of transactions. lightning transactions (as opposed to visa txs) can be safely considered settlements because they ensure settlement using a smart contract. and the number of lightning txs is you constrained. (4) bitcoin mining is not wasteful. something is wasteful if it could be done another way by using less resources. which is not the case for bitcoin. there has been no project so far that could provide true permissionless and incorruptible money with less energy cost. maybe on the short term, bitcoin could in theory have been secure enough with a lower bounty, but that is hindsight and the bounty is a purposefully short-term effect that will normalize over time and needed to have a fair spread of the currency.
you don’t get it. bitcoin batches dozens, hundreds, thousands or tens of thousands of transactions from lightning into 1 transaction on layer 1 so your transaction energy consumption data is meaningless. you’re just repeating a false narrative. congratulations
your source for information on the cost of transactions is atrocious. not only are there multiple grammatical errors - it also states that, "the main reason this figure is an estimate, is due to the decentralized nature of bitcoin" and therefore should not be used a crutch to support your argument.
thank you for this dont have any coins to give you but know that i am really grateful for your post
well, visa is not even the equivalent to the lightning network, much less bitcoin. how much energy does ln use per transaction? probably about the same as visa, maybe less because it does not have to be recorded in dozens of different data centers. visa relies on many other systems to settle payments. and, as i've heard many times, the value of the dollar is backed by the armies of the us government, so go take that into account as well.
while i fully agree that the energy consumption of bitcoin is a problem (also one of the reasons for me personally selling down my porfolio position in btc) it is not entirely valid to compare a trusted, centralized system like visa to bitcoin. of course centralized systems are more efficient. it's cheaper to run one node than 1+n nodes. the value proposition of bitcoin is decentralization, predictable money supply, tamper proofness, trustlessness, permisionless use and validation and thus complete censorship resistance. proof-of-work is the costly price to solve this problem. of course pos has a lot of benefits, but there are some big risks as well. it's easier to collude and thus attack the integrity of the system, for instance. in many ways the energy consumption of bitcoin is a reflection of the price of (lack of) trust. bitcoin works even if everyone is deeply thistrusting of all the participants in the system. in fact it is designed to operate in such a trustless system. it assumes zero trust. this is very healthy for the complete censorship resistance of the system and the long term integrity of the protocol. it's extremely costly and maybe impossible to attack and stop the system, without some fork popping up and kicking out the attackers. these comparisons to kilowatts per transaction between trusted third party systems and trustless and permissionless systems is completely missing the point of what bitcoin tries to be. it is sacrificing efficiency, to be completely available for everybody willing to participate and to be extremely hard. the price is high for such resistance, but that tells more about how many possible attack vectors it is fighting off.
thanks for your stats; but it doesnt address the core problem - warren is building a strawman to attack crypto as a whole, because of one pow network. if she truly cared more for the env than her political mission to kill all crypto, she’d educate herself on pos and more green networks , and support them. its easy to tell what her true position is. the green energy narrative is such a strawman argument its insane.
> bitcoin requires 741 kilowatt hours for one transaction. a bitcoin transaction requires 74 million times more energy than a visa transaction. well there is your first fuck up, and only the second sentence. i'm sure you know this, but bitcoin does not work on a tx. a bitcoin tx does not require any million more times energy because the same tx could be run on a network of two pcs. proof of stake has many issues, such as overcentralization. also, pos is kinda weird in that you do not need to prove that you used any resource to create new coins. so it is even more based on faith than fiat or btc. i agree that bitcoin mining could use more renewable energy, but i think that this will happen organically because of the dropping price of renewables and the power arbirtrage that bitcoin mining farms can provide. also, your comparison does have some merit even though it is apples- the network does use a lot of power. the question is, does pos solve this? i think not, becuase pos is inherently weaker.
ahh the cost for decentralization beautiful
how come bitcoin takes so much energy for transactions though? is it the encryption? i’m wondering if there are certain things that are not considered here… like with credit card they have to keep some type of record too. so is there server energy, people who have to keep record that drive to work, lights for those building, etc?
horrible comparison that is nonsensical. multiple transactions are in each block. you know how many servers and systems use energy to allow visa to use "that little amount" of energy? how many individuals have to drive to and from work? how many hours computer programmers have spent on their computers integrating with visa so transactions work? pow will always be more secure by nature. this is worth 100x the centralized set up that exists today. the energy argument is bullshit propaganda.
thank you! this post was excruciating to see and i can’t fathom why it’s been upvoted so much except fanaticism
bitcoin maxis really do not care about anything other than their pockets. bitcoin should have evolved years ago, but the gatekeeping community shrugged it off. it has now come to a do or die period, where the people in the community should think about whether this is a right approach or not.
all energy isn’t the same everywhere. also, the simplistic comparisons are sensationalistic as well and fail to account for the ancillary benefits of pow. it’s like saying that exercise is bad because the energy needed to produce food calories for an hour exercise is 100x more than what’s used in watching an hour of tv.
fucking thank you, i’m so sick of listening to this complete non-argument about btc’s power usage. while total energy usage is important to think about, efficiency is even more important when we’re planning for the future. maxis love to ignore it.
the post literally says crypto “must” do better. was simply pointing out that a) she is overall quite ignorant about crypto and b) it’s thisingenuous how she and others spend so much time calling out crypto without addressing energy infrastructure and things like the us military which would do more to help.
you cant quantify "the benefit it brings to the world" when venezuelans lost 99% of the value of their currency in 1 year, id say btc power usage was fully justified to preserve the value of their money... i thisagree with your assessment.
yup. came here to say this and i’m glad someone else already has. let’s not make this a conspiracy theory. it’s a matter of facts. and as good as crypto could be for the world, right now it’s doing more harm than good. you can be a proponent of crypto and still be able to see through the bs.
pos simply does not provide the same level of security that pow does. pos is fundamentally broken.
we like to forget that natural innovation will make this irrelevant. we are always finding ways to make energy more abundant and cheaper. so in 100 years will this really matter? if it all runs off renewables or a more sustainable source, does this mean anything anymore? we all like to look at today and only today. never where we've come from and where we are going. innovation can be a bumpy road with lots of hurdles and some seriously dark times. but the future always outshines the present. we've seen it rapidly for over the last 100 years now. be patient. this will fix itself.
maybe u. getting tired of all the whining when people point out bitcoin is a fucking massive sack of shit compared to other technologies.
this is like saying hybrid cars are wasteful because they use gasoline. you're still comparing a mature technology with one in its infancy. interesting how nobody is saying tesla is a burden on the electric grid.
thank you for not being a knee-jerk btc apologist.
thank you! this is why either is going through a huge, long, painful, risky process to move to staking. bitcoin is great for storing value. it's not great for a lot of transactions.
hard thisagree. firstly, the majority of bitcoin mining is renewable. pow mining is the only true decentralized consensus model. pos is literally a recreation of the current financial system. if a bitcoin deflationary standard is adopted, we can avoid all the massive excess of waste from overproduction, overconsumption, central banking, and fiat backed military. no other cryptocurrency can accomplish this but bitcoin. it's energy use is a a feature, not a bug, designed to secure the network.
here's some whataboutism, what about the legacy financial system currently killing the earth because corporations over produce and they force people to over consume? when money supply is 'subjective' but there are only limited resources on earth, we're pretty much fucked... money should not be infinite and subjective, this system was designed to fail. regardless blockchain system is more efficient than the one we as a society are using right now, even if it is pow.
this being downvoted shows that r.
this is true. and pos will change that.
yes but those on chain transaction live in perpetuity and you are greatly overlooking the infrastructure required to power visa transactions and the whole credit world in general. not saying btc could try to limit it energy consumption, but that energy consumption is a direct correlated to the cost of energy used to produce it. spreading fud only ensures energy that went into building the block chain is devalued.
that's straight bullshit fud.
you have a point
thank you these bitcoin. they sound like the twitter kids
this comparison is wrong on so many levels, for visa to work you have to take into account all banks and institutions thats it is based on into account, as well as all the energy to keep dolar safe, so us military and their agencies probably as well. bitcoin network has all that already counted in. it's like comparing cost of sending email to the cost of keeping a document 100% safe in some mountain silo while also being able to send it anywhere in the world while it still remains safe.
its sad to see so many misunderstanding pow in this sub. yes its extremely wasteful, but without it bitcoin would have never happened. pos is more centralized, because it gives power to the whales. there are two kinds of “decentralization” that bitcoin brings: 1. node decentralization. anyone can run a full node, and anyone can mine coins (be a validator). this is not true of eth 2.0 or any other pos coin. (maybe iota 2.0 though) 2. coin decentralization. this is much more important. if btc was pos from the beginning, all the coins would have ended up in the hands of a few people, because the richest get the rewards. instead bitcoins spread around the world, which is the only reason the crypto revolution is happening. pow is first and foremost a mechanism of fair thistribution, in which only electricity can make more coins. electricity generation cannot simply be bought (like tokens in pos can)… it takes time, local resources, expertise, etc to source elctricity competitively. also its finite, unlike fiat . im very thissapointed to see so many coins move to pos, and none will succeed (except eth which has a fairer thistribution due to being pow for years)
incorrect you have to compare btc to the banking system, not one company . the banking system and transactions take much much more energy.
you have ignored potential l2 and lightning network. that’s pretty important. you might be off by a couple zeros if you consider this. now i’m not saying there aren’t better coins out there or better solutions but this is sounds like like there’s an agenda especially with the timing of el salvador
thank you, pow is wasteful and needs to be thiscussed instead of sweeping it under the rug
you deserve the accolades for shutting down the idiotic op.
thanks for saying the truth, and given the amount of upvotes thanks to redditors for admitting the truth.
this is a fantastic post. thank you.
pow is currently the only way we know to secure an international, and decentralized transaction network. it makes it virtually impervious even to state-level adversaries, which, if it becomes a technology that thisrupts government tyranny of financial transactions, is an essential feature. pos does not do this, and while pow is indeed a very costly system, i would argue the net benefits to freedom and human rights around the world will make it worthwhile.
shill alert. guy is a shill. this is all garbage and a horrible comparison.
the problem is that they use pow cryptos to generalize all cryptocurrency. i'm a graphic designer and currently i'm selling a lot of art assets (for games, vr, etc) as nfts through the wax blockchain, which is proof of stake and extremely energy efficient, yet a fellow designer and artist was saying to me that such business was bad for the environment because he read somewhere that nfts consumed lots of energy. i tried to explain the difference between pow and pos but it was futile, he already saw a few articles saying that nfts are bad so he thinks all nfts are bad. the thing is that selling art assets as nfts is great, and i'm doing it through a blockchain technology which is extremely energy efficient, yet it did not matter to him because of all the current fud and propaganda against all crypto, not just pow.
i thought only the mining took a lot of energy. don’t you just add to the ledger to make a transaction? is it the hashing of all the previous block(s) or something?
i keep hearing that proof of work is terrible for energy use, but are there engineering downsides for proof of stake compared to proof of work? it seems like the default view here is that proof of work is outmoded and obsolete and proof of work is the future and has no downsides. are there any? is there a possible future in which proof of stake fails and proof of work succeeds?
here is what i don’t understand about the theory of pos: ethereums current market cap is . theoretically, under a pos system bad actors are thiscouraged from malicious action because by throwing around the weight of their wallet value, if they damage ethereum then they damage themselves. but what about a state-level actor like the us who is afraid to lose their reserve currency status and will fight crypto at all costs, even if it means printing more money to purchase supply of a pos crypto and try to destroy it despite the damage to themselves since it’s a zero-sum game for them
the main thing about bitcoin is that it did prove a point. that a decentralized cryptocoin can be secure. i think it was an necessary evolutionary step. to build that foundational belief. pow makes it so accessible and decentralized. pos would never have gotten off the ground as a concept by itself, the initial hoarding of coins would have made it vulnerable to being too centralized and scared off people. but once bitcoin has paved the way... pos has a shot at becoming the next breakthrough.
i do not think anyone is genuinely thinking of using l1 btc transactions for actual day-to-day transactions, so i do not see visa to btc is an an equivalent argument
wouldnt proof of stake be thousands of times less impact? i thought a pos ethereum chain currently would use similar electricity to say running twitters servers
> whatboutism doesn’t change that. doesn't really change the crypto propaganda machine, either. you're swimming against a very strong current :(
just curious, how is the btc transaction energy cost calcuated?
thank fsm people are understanding these bitcoin vs existing system comparisons are the worst cherry picking and willful blindness ever.
uhh, for one, bitcoin doesn’t use one transaction at a time for two the more energy bitcoin uses the more secure the network is. the amount of energy used to secure things from gold. these comparisons are bad since visa just moves data packets in a (more or less) centralized way while the bitcoin network moves the native currency in real time to thousands of nodes, and miners.
when it refers to 1 bitcoin transaction does that mean how much energy is required to transact (1)ea bitcoin or does that mean how much energy is required for any bitcoin transaction?
your taking only a visa transaction. bitcoin does more than visa by eliminating the entire banking infrastructure. so the comparison should be to the whole not just the front end.
great website to put this in perspective
visa can work on top of bitcoin too (already does!). bitcoin should be compared to bank accounts. transfers between bank accounts can take days + forms and expensive fees if transfering internationally. transfers in bitcoin take about an hour, no forms, and very cheap fees.
pos shill? if pow is using renewable energy would still have a problem with it? careful how you answer this as it will also answer my first question.
i love eth and the defi sector but lets be honest though. you can mine bitcoin with natural resources and not have to dig up every fucking forest in the world to support the currency. i mean there’s waste energy, renewable energy, solar power farms and windmill farms, and shit el salvador is looking into mining with volcanoes. i mean i feel like bitcoin is a needed thing in the crypto space even if people don’t like it or it’s “old.” it’s the reason crypto became a thing.
why can’t they just cap the energy used in mining at 10% of what the hardware is capable of? wouldn’t that essentially be the same exact network except a whole shitton cheaper(resource wise)?
pos has its own flaws... and one thing - btc don’t need that much power for 1 transaction. the power is used to secure it. btc is the only crypto that don’t have a owner or someone that can change the rules when they want.
who’d have thought that electricity would be the energy source of the future, it is amazing!
where does the 149kwh for visa come from though? does it take into account all the supporting systems including banks, and traditional finance. i'm not saying btc is super efficient, but it is an entire system. visa is just a part of a massive financial system that requires many many people to function.
doesnt make any sense. if it is cheaper to run, the whale miners will put the same amount of money into it, multiplying the consumption kust the same
thats the energy for one block not one transaction. typical ignorant misleading fud
ok now do etherium.
this is misleading. if all that energy is only used to process the transaction, how in the world does it only cost a few dollars? what energy market in the world makes that make sense? there is way more at play than just processing a transaction.
this is why i don’t get these people just talking about bitcoin. there is sooooo many other better coins. but nope: bitcoin bad. ban them all.
exactly this. people’s attitude towards btc in terms of its energy usage, may be inconsistent, thisingenuous and hypocritical, but fundamentally btc uses a lot of energy. you cannot escape that fact
so basically warren was right here? if the world adopted this as a global currency as is...that would not be good for energy usage. she was wrong about got though, lol.
there are also dag type blockchains like nano or fantom which are even greener, faster and more scalable than pos alternatives
i stole this from a post on a privacy coin sub very interesting arguments for why certain cryptos will need to be pow there is a fundamental problem with proof of stake that is even more basic than the not at stake problem or incompatibility with privacy. proof of stake is ultimately based upon the premise that the holder of the staked coins has a financial incentive to act in the best interest of the crypto currency, in order to protect her stake. in other words she is net long the crypto currency. the trouble is that the network has no way of knowing if she is short or long, is acting as a thishonest custodian of somebody else's coins while staking them, has borrowed and sold a much larger number of coins creating net short position, has take a massive short position using leveraged derivatives, etc. in fact the network cannot even tell if she is a beneficial owner of the staked coins or just a nominee. based upon this i formulated the second pirate savings and trust attack on proof-of-stake over 5 years ago. those who were around bitcoin in 2011 - 2012 may remember the the first pirate savings and trust, where a massive short position in bitcoin was created, it then evolved into a ponzi scheme as the price of 1 btc started to rise above 2 usd towards ~15 usd. at this point that whole thing blew up in default. then the us sec got to work fitting its promoter for an orange jumpsuit. bitcoin survived because it is pow. if bitcoin had been pos, then the promoter could have used the btc under his control to wreck havoc on the bitcoin network, causing the price to crash effectively making his debts worthless and very likely avoiding prosecution. edit: i would not touch pos at all. i also believe it would be impossible for a viable derivatives market to develop for a crypto currency that was pos.
your uneducated take on pow is laughable. making excess energy sources be monetized is amazing property which every country on the planet can use with 0 impact on the environment. of course, this truth does not align with the promises of your favorite centralised shitcoin which claims to be superior. bitcoin is unique and far superior to anything else that we currently have and no amount of shitcoinery and deceitful commentary will change it.
there’s a part of me that wonders if bitcoin was created in order to harness human greed to force the creation of truly sustainable sources of energy.
your missing the point bud
i'd you think pow is wasteful you do not understand pow
that’s a problem with the blocks size. bitcoin could handle more transactions, but devs don’t want to do that
>the whole "you cannot criticize bitcoin energy usage because banks use energy too you know" just reeks of a 7 year old trying to get out of trouble. not only that but banking industry handles far more money, like multiple 1000x the amount, while consuming only twice the amount of energy. it is a completely thisingenuous argument
unfortunately, crypto subreddits are loaded with tribalistic people(and those that feign tribalism to stir the pot for one reason or another). any criticism of whatever tribe those people subscribe to, no matter how legitimate the criticism, is seen as a personal attack, so reason goes out of the window. it's at least as bad as politics these days
not to mention that warren would definitely be fine with reducing the size and energy consumption of the us military. that's not a gotcha when she agrees with it.
people here are sounding like a bunch of ignorant fcuks. like how can you compare bitcoin that is very sparsley used to a bank? i think it is just humans. they can understand the concept, technology and every technical shit related to bitcoin which a lot of people cannot grasp. but then they compare it to a bank. bank does a lot of things that bitcoin does not. process checks, transfers money, gives physical money, give loans(many loans were taken by people here to buy that bitcoin), lockers etc are these people this stupid (i do not think so). but the confirmation bias is so strong. i am surprised to see a main comment like this so close to top which shuns others as immature. also no one gave a shit about el salvador. it's one of the poorest countries. people who praise it would not even go there. people who are praising it would not be able to point it on a map. by trump's defination it is probably a shit hole county. but no. now we worship it like it is the best country in the world. the country needa some business, money and investment etc. so it took a bold step. mass bitcoin acceptance by government. don't get so deep in confirmation bias that you get your head in your ass.
i agree. there are a thousand reasons to hate elizabeth warren but she’s not totally wrong about this.
btc mining is symptom of a greater issue, and i seriously doubt elizabeth warren understands the the problem more than jumping on a bandwagon for some relevance again.
really? when was the last time elizabeth warren and musk attacked restaurants and clothes stores for using too much energy? get out of here, you're ridiculous
it is ignorant because it’s a totally overblown fud piece. the bitcoin network uses less than 1% of the energy consumed in the world. the most secure, decentralized, and open monetary network that has ever existed. but 0.6% of the power in the world is too much? the energy use of bitcoin is on par with the amount of energy wasted every day by people in developed countries. the whole thing is a bogus argument that holds no water
because tumble dryers use more power than the bitcoin network? something you could do just by hanging up the clothes. where are her videos about that? not to mention the us military's gargantuan waste of power. bitcoin is trying to liberate the masses from control of their money. for that you need to fight them using tremendous resources.
i think the logic is we should fix the bigger, more pressing issues that have existed for much longer, first. expecially with it comes to overmilitarization of the u.s military is, well overkill. whataboutism does not help anything, we have been talking about the most destructive industries for decades, so it is annoying to hear bitcoin or crypto is the problem all of a sudden. at least that is where i think it comes from.
i don’t personally have anything against things that are said as facts but to say it’s a risky investment is just laughable.
there's an attempt to give crypto a far-right spin here, not sure why since technically it is giving the means of production to the people.
she also mentioned that she believes in "digital currency from central banks" and that crypto is only good for "criminals". while i do think it is fucked up how much energy pow uses and that warren is right to criticize crypto for its energy consumption, she also said some pretty ignorant shit about crypto in general. edit: someone commented that i left out the "speculative investing" part of her comment, and i tried to reply but they deleted their comment, so i'm editing a response here so that this comment comes off as honest as possible. good point, i'll edit my comment to point out the speculative investing piece. i did not think of it, but my comment does read as thisingenuous without that pointed out. but, as far as criminal activity goes, there have been studies that show that crypto is used far less for criminal activity than fiat. in all fairness, i have not dove into the nitty gritty detail of these studies, but it does come off as ignorant of her to say that it is just good for criminals (and speculation) and that we should have a centralized bank digital currency. just linking an article about it here: also, speculative investing is not a bad thing, but she makes it sound terrible. all investing is speculative, and derivative trading is highly speculative as well but that does not have the same evil ring to it as saying that crypto is speculative.
warren supports. i have never seen her ahead of a movement or say anything that is not already insanely popular with her base. she is an absolute convictionless follower. the first time she mentions btc is extremely electricity intensive, is when it is already trending - never mentioned it before - ever, even though it is been evident for over a decade. if she lived in 1938 germany, she would probably be wearing a brown shirt.
so where are her videos attacking them also?
thank you. i strive for greatness.
your shitty comment is not up to scratch.
how is this post even so highly upvoted? the thiscussion within the post is interesting i suppose, particularly if you did not already know that crypto does not have to be so resource intensive.
this is the poorest quality comment i’ve seen in a long time… congrats?
yeah, i'm not sure why people are holding the president up so much, even a basic look though google shows that he is kind of sketchy.
why is that red line going up !?
her becoming a public figure is when it all went downhill really lol...
i didn’t like that either, but to me that is way less significant than 100 other policy things she’s involved in. i mean, that whole thing started from a form she filled out 45 years ago. she never should have doubled down on it, to be sure. but aren’t there bigger issues in the world?
as far as the government goes, i do not thisagree with this one bit. our government is dedicated to finding loopholes in our laws so that corporations can get away with crimes against humanity.
yeah, if one american says something, the whole country sucks, right !?
the united kingdom has entered the chat.
the older i get the more accurate “the guilty party is the accuser” seems, to be.
u-s-a u-s-a u-s-a u-s-a u-s-a
shut up about the sun! shut up about the sun!
orrr we can do both? crypto being incredibly energy intensive and trying to get more sources of renewable energy aren’t mutually exclusive. what an idiotic argument you’re making
entire industries devote vast amounts of resources to make the appliances and gadgets that they sell more energy efficient. they have done it for decades. why is that same concept idiotic for crypto?
agreed, fully. as consumers and even businesses most of us have zero choice in how our electricity is produced. i'm lucky enough to live somewhere damn near 50% of my power is generated by nuclear, wind, solar, and hydroelectric... but not everyone has that luxury.
crypto ought to be efficient though, and that is not an idiotic idea
thankful to see that some people understand this 👏🏻
if your car gets 20 gallons to the mile you do not say the only reason the car is not green is that you cannot find biofuel.
more whataboutism. crypto becoming greener and power production becoming greener are completely separate issues. you can have none of those, one or the other, or both. they are not related topics.
but if you have a massive bloated system sucking up power it means it will take longer to build up enough renewable power to meet demand so fossil fuels will need to be used longer to prevent a shortage of power. so addressing the energy usage of cryptocurrencies directly is also badly needed.
too bad this comment will be lost and the wall of texts from experts with degree
i’m sorry. will delete this post and then delete my reddit app.
you know it! prolly many alt coins also.
these people are aware el salvador is just doing this to attract all that crypto money right? most salvadorians do not give a shit about blockchain crap.
the fact that this post has so many upvotes is even more laughable... yesterday there was even a fake news post saying tesla accepts bitcoin again with a bunch of other dumb stuff, which had about 10k upvotes. mods did not even care for removing it even though they knew the op was lying
what in the holy fuck are you talking about?
they do not care. they'll make up any bullshit excuse to mask their greed with teenage sounding idealism. i'm from el salvador. i still live here. bukele did not even make the announcement in spanish. he's telling foreign investors btc will be an obligation while his congress members are telling the general population not to worry, that btc is not volatile at all and that it will be optional.
is that what she said? that crypto should be banned and we should only use the dollar? interesting, was that said in code or something? did you "read between the lines"? trying to figure out how you came away with that conclusion.
and imagine your checking account could go up or down 10-20% while you sleep. hope elons tweeting positive things on grocery day!
i dunno. warren actually seems like a politician that cares about protecting the average consumer. it's a thread that is run through her entire career. she is not wrong on bitcoin's energy usage. you may find her other conclusions about crypto ignorant, which is fine, but how does that make her a hypocrite?
yeah, the final season had a lot of problems. sexism was not one of them though.
ha! couldn’t agree more. i could write an essay about issues with the pacing and story choices of the final couple seasons. but to thismiss it as sexist is as reductionist as her bitcoin arguments.
she doesn’t advocate for maintaining spending. you know what she does instead? votes to maintain and in some cases increase military spending. she says a lot about decreasing pentagon budgets but then votes along with most dems and republicans to continue the largest military budget in the history of the world. look, i voted for her in the primary. there’s a lot i like about her. game or thrones and crypto are two issues where we diverge.
same here. and honestly i agree with her on some things. but look, she’s like 75 years old. obviously she is pretty uneducated on crypto. likely she has relationships with banks that cloud her judgment. she need to talk to younger people in congress who can explain this to her.
well, with each passing year she becomes more and more boomer, detached from new generations.
isn’t el salvador a state?
trump trolls? maybe in the comments, but just for the record, i voted for warren in the primaries. i hated trump more than any politician ever. i just thing she’s way off on crypto and the ending of got.
doesn’t change the fact that mining btc consumes a shit ton of energy and currently has no real purpose to the general public
what lie is she spreading about bitcoin?
well, what utility has mining besides processing bitcoin transactions, which currently are still centered mainly around speculation. she has a good point.
a waste is a waste. trying to us whataboutism to justify simply wasting energy just because someone else is is really a simplistic and chilthish way to look at the problem.
i think you are projecting a bit here
wait so let me get this straight. op cannot even dare cricisise elizabeth warren because others have said negative things about btc ( you mean republicans ) and your suggesting it is political( because it happens to be a democrat). just by reading this i can guarantee you'd take so much pleasure in shitting on trump's bitcoin comments and would even bat an eyelid. the hypocrisy is unreal left or right when someone says something dumb you cricisise it and sadly that is whats wrong with politics it is too tribal and your comment btw is laughable.
right wing views? the first sentence of the post says there are things i agree with her on. this just isn’t one of them.
actually i’m only 6.
>"cryptocurrency has created opportunities to scam investors, assist criminals, and worsen the climate crisis," she said at a congressional hearing. "the threats posted by crypto show that congress and federal regulators cannot continue to hide out, hoping that crypto will go away. it would not. it's time to confront these issues head-on." where's the lie? she could have *also* pointed out that plenty of investors have been scammed and plenty of criminals have benefited from the usd, and that banking systems handling usd transactions *also* contribute to the climate crisis. but i do not see her take as "bad", and she is not wrong. the us government regulates stocks and equities traded in usd; why wouldn't they regulate crypto trading? i for one would love to see fewer of these bullshit scam coins out on the market. just shut down r, please.
what exactly did you thislike from her statement? it seemed way more reasonable than people are saying.
finally, a reasonable take. she is been open to evolution on a number of topics in a way that i wish more voters understood and embraced as the times, standards, and best practices develop. (that is, if she truly believes in it as an equalizer... which might not be the case yet, given market manipulation by whales and losses often sustained by the average person.) given that she is never exactly been scared of complexity as well (if anything, she and her teams are especially skilled at thistilling and educating mass audiences on complex topics), i really hope that cryptocurrency and accompanying technology projects are next on their docket. it'd be a big step towards greater adoption.
are you saying that because gold is shitty, it is ok to create another shitty solution? with pos we have the opportunity to have all the best part of bitcoin without its energy waste, so why do not we do that ?
i didn’t make it political. politicians made it political. and for calling me an idiot, here’s an idea: go eat a suitcase full of huge cocks.
news flash bro, every person who holds a seat in our government is corrupt.
regulating banks more, lgbtq rights, regulation for amazon and facebook, , etc.
thank you. in real life i am only six years old so i appreciate the compliment
true. but how much do you hear warren or other politicians or the media talking about the energy usage of the us military?
crypto is in its infancy stage (no matter what most people on this sub want to believe). mature assets become more stable.
there's so much more to this
transactions are not all that expensive for btc
"waste" is the wrong word imo, it is creating value from energy...
that's just incorrect. perhaps this article will enlighten you a bit.
her and aoc. it was thisappointing.
did you ever think that leaders in general are self serving and that maybe, sometimes, every now and then, that self serving thing they do can also help the pueblo? like, do you know how expensive it can be to send money to family
that’s okay. not everyone can be as smart as me. i won’t hold it against you, friendo.
wrong. i voted for her in the dem primary. and like i said in the post, i agree with her on some issues. just not got or crypto.
if my plans come to fruition, it soon will be.
when she supported gay marriage before it was popular. when she supported regulating amazon and facebook more. when she supported the . every single time she called trump a liar and a fraud.
i know she is sometimes critical of it, but she voted consistently for the largest military budgets in the history of the world. so, make of that what you will.
i mean, it was the most popular tv show in human history, by many metrics. i know some didn’t like the last couple seasons (i was thisappointed by them). but that’s like calling the ny yankees a flop because they only have 27 titles.
excellent choice. have a fine day, bro
imagine telling people who tell people what to imagine what to imagine.
what does this mean, chris?
>if they just adopt bitcoin and peg the dollar it it they would already be saved. today: ! tomorrow: ! next week: .50 for a loaf of bread!
who doesn’t like burritos?
no cookie, thank you. i’m watching my carbs. also, go suck a bag of dicks.
imagine criticizing others for the thing you are writing yourself.
way to stay on topic and repeating stupid gop talking points.
you kind of do have to be from the baby boomer generation to be a boomer… its what the word literally means... i agree with your other points
thanks for the award!
what did you find sexist about the ending?
fictional characters, in a fictional world, being sexist... boohooo
how delightful you are.
thank you, i agree
no. i voted for warren in the dem primary. she’s wrong on a couple things, but i’ve literally never voted republican. one other thing, since you called me a shill: go suck a suitcase full of wet dicks.
it’s unthinkable if you ask me.
nice use of quotation marks. only problem is that i didn’t say or even imply that bitcoins energy useable wasn’t bad. have a blessed day, internet friend.
it’s not though. remember that the usd is a fiat currency. fiat currencies are backed by the stability of a government. the reasons you listed for militaries existence can be encapsulated as “stability”. the nuclear arms race created a whole new paradigm and allowed us to shift to a global economy. the eu was formed so that the individual countries didn’t have to worry about any threats of violence between them (and pool their military resources together) which allowed them to create their own unified economy and currency. what makes crypto currencies like bitcoin so revolutionary is that it does not depend on central banks and thistributes that power across a global network. the us government will never use bitcoin as a currency. if you’re paying attention to what’s happening, you’ll see that there are tethered currencies (stablecoins) being created to try and mitigate the oncoming transition. i invite you to look into the history of reserve currencies, the gold standard, and central banks. once i deepened my knowledge and understanding of financial and monetary systems and histories, i was surprised on all the links between nation state building and these systems. it’s quite fascinating and much more complex that these sensationalist headlines have us think.
thank you for the feedback! will take it into consideration before posting again. one more little thing: please, if you have the time, go eat a duffel back of cocks.
thank you for the award!
without the banking system, 1 bitcoin is 1 bitcoin.
she has said that she is against military spending and she has consistently voted for the largest military budget in the history of the world.
thanks for all the awards! pal
nothing will happen to btc but there is already bitcoinpos. i still believe eth2.0 is the future.
it’s possible but very very **very** doubtful. what is unfortunately getting washed with this narrative is that there are some **major** trade-offs with alt systems. the narrative for alt solutions certainly painted in good light way but this is a case of *the grass isn’t always greener on the other side*. most developers understand these trade-offs but, naturally, they won’t outright say its an issue. but the trend is scalability > decentralization and security. that said bitcoin is very inefficient, granted it was developed from a very different time in terms of tech available. but this narrative that everything is sunshine and rainbows on the other side and bitcoin merely cannot innovate and is, thus, obsolete cannot be more wrong. i don’t have a majority position in bitcoin btw, but i feel like this should be better understood.
i doubt btc could ever convert to pos. their community seems dead set on l2 solutions and rejecting other coins, they already had a hard fork with bch over a small tweak to the code, so changing the entire algorithm would wreck havoc on the community. the best we can do is invest in other coins
yes it can be better...you know how? use more efficient energy methods, which exists outside of btc. blaming btc for energy is like blaming car dealerships for using too much gas.
one thing people are overlooking is proof of work is essentially cost of electricity vs value of mined coin. nothing about this is inherently destructive to the environment. the challenge is, as it always has been, unsustainable destructive fuel sources in many parts of the world continue to be cheaper than sustainable renewable sources.
there are newer pow chains that are more efficient in terms of technical efficiency when mining *and* functionality. imagine rolling btc, eth, link, xmr, into one coin, and doing all those things those coins can do, but using comparatively less energy to do so. bitcoin is old tech, plain and simple. there are different long-range attach vectors for pos vs pow, and pos is not old or mature enough to claim that it is proven to be secure. pow can do some things that pos cannot. pow will continue to advance and be competitive and interoperable with pos, but mining is not going anywhere.
the core issue is that the bitcoin community is committed to changing the protocol as little as possible. hard forks especially are taboo. could the blockchain be technologically changed to use pos? yes, but there is no desire from the developers or users to do so.
[ we already have solution for this.
it's definitely possible to come up with a different trade-off, but bitcoin community is absolutely not interested in that, they believe that wasting a lot of electricity is a feature, which makes bitcoin secure, valuable, etc.
i’m sure they are looking into the issues.
bitcoin is inherently expensive. it's a feature, not a bug. the expense is what prevents any single party from controlling the ledger - it is too expensive to do so.
block. theoretically, with the lightning network, bitcoin can *execute a near infinite number of transactions in a block. edit: store -> execute
the 741 kwh figure is got to by dividing the amount of energy it costs to mine a block divided by the number of transactions contained in a block. the energy per block cost is vastly more. there's a limit to how many transactions can be in a block due to blocksize limit.
this is asinine. all of those bankers, the british pound, the german mark, or some crypto.those people dont magically not need to exist because some country uses a cryptocurrency instead of a fiat.
well shit if you add all the exchange companies that exist, and their office space , and all the wallet systems and the merchant tools to help with crypto purchases, than it gets worse? huh? and as crypto gets more mainstream it gets even more worse…
this text is insane. are you seriously saying that bankers, regulators, accountants, lawyers, security service, fed employees, politicians and the us fucking military will thisappear if bitcoin was to become the norm? jfc this is why most people think crypto is a joke. delusional conspiracy theorists circle jerking eachother over fantasies.
yup, bitcoin’s second layer lightning network beats visa too with much smaller transaction fees
the weird shift in believing bitcoin is revolutionary as a "store of value" has been pretty funny. ain't nobody investing in bitcoin and keeping it is value high if they did not think it could be more than a "store of value".
it was originally intended as a transaction system, right? people brag about using it to order pizza, right? as a store of value, it is wildly fluctuating price versus other currencies is a big problem, right? 741kwh, btw, is about .
>because hash hate is not related to the quantity of transactions, but the amount of economic power interested in rewards, not to make a transaction. wish more people would understand this.
btc can run on a 40w cpu for the whole world and operate at the same speed. every extra watt is just people using energy to make money, and could have just as well used it for anything else, wasting energy and polluting just the same. it's all just carefully planned fud plus public figures scoring green points, but i welcome it if it means i can buy btc cheaper.
the bottom line is bitcoin uses a lot of energy. how can we make it better?
but it does not really matter if the energy cost is inherent in the transaction or not though, does it? proof of work takes more energy the more people are using it (very roughly of course, because not everyone who is using a cryptocurrency is mining it, but the correlation is there). people tend towards using cryptocurrencies that are profitable to mine. proof of work cryptocurrencies without a lot of people mining them are more susceptible to 51% attacks, which is what you really do not want. i do not really see a way for a mainstream pow coin to work without using huge amounts of energy. keep in mind, i am not an expert on the subject and if you can tell me why i'm wrong i'd be happy to change my mind
the number is got to by dividing the energy cost to mine one block divided by the number of transactions contained inside the block. i cannot believe how many comments there are thinking this is some kind of 'gotcha' when they did not bother to read the source and realize its already factoring for the factor they are talking about. even if you assume every block is maxed out its still terrible.
yeah once he said that then i knew that he doesn’t really know what he’s talking about. if you don’t understand bitcoin then you definitely dont understand any crypto.
why do you think it is one hash?
more like 40w per one hash
you think this is bad? lots of pos advocates here. r
yeah as someone with >15 years and 2 degrees in environmental science, i have found the convergence of crypto with environmental management pretty excrutiating. the deliberate misinformation and ignorance are too much.
this argument is so thisingenuous though. that energy is not used for the transactions, it is the energy securing the blockchain.
you sound like you lack understanding to me, quantifying energy usage is a joke. bitcoin is being adopted by countries now, energy use will become more efficient over time as more and more resources are spent on improving its infrastructure.
to be fair, i do not think comparing visa and bitcoin is fair because bitcoin is more like a clearing house. i have no doubt that it is still much much less energy efficient though if you do make a fiat comparison. (possible i do not fully understand what visa does.)
how does it suck at using energy when it monetises energy?
you are the one with a lack of understanding. if bitcoin would have been pos from the beginning, all coins would have ended up in a few hands, because only the rich would get the validation rewards. bitcoin and crypto would have been just as centralized as fiat, and never would have taken off. pow is extremely wasteful yes, but its the only means of fair thistribution that has been invented thus far. by 2030 bitcoin emission will be so small that electricity usage will be a fraction of what it is today
there’s no way to make bitcoin better. it’s not like fiat where you can move to polymer notes or use carbon-sensitive cotton for you dollar bills. the mechanics of bitcoin are set in stone. all you can hope for is more performance per watt.
so many people have already made it better, it is just not called bitcoin. abandon obsolete technology, adopt better tech. anything else makes someone a complete shill pimping their own failing portfolio.
but, she checked the american indian box 40 years ago.
true but it is a stupid argument when they are running machines, employees, and producing currency which obviously causes waste.
i think i'll do what i've done for the last decade and continue not caring. of all wasteful electricity usage on this planet bitcoin is a drop in the bucket. the only reason people are talking about it is with the intent to harm cryptocurrency as a whole. trust me, elizabeth warren does not give a fuck about your pos coin that is carbon negative. the goal here is not to reduce emissions, it is to reduce the amount of money flowing into cryptocurrency,
because nobody really cares about any of this. they just want crypto to look better so prices go up and they can make a quick buck.
if the infrastructure behind bitcoin changes, then it will no longer be bitcoin. it was not meant to have optimal energy usage in the first place.
i don’t see anything wrong with trying to fix bitcoin as far as power usage, or sharing that info. but when it’s clearly being shit on to protect a national interest, it reminds me how elitism is rampant. they put their energy into protecting their money, it’s always been the case. one side may be worse, but both sides are fucking sinister.
some climate lobbying group should mention a carbon tax every time bitcoin is mentioned. tie the two together in the collective consciousness. yes-and that shit. "you're right! we need a carbon tax immediately." deer bitcoiners: a carbon tax would make the price of bitcoin soar. make it happen.
this is pretty much the only knowledgable comment on this thread. visa only takes part in the transaction, while bitcoin is the complete system. a better comparison is between bitcoin and the entire financial system. a recent galaxy digital report estimated the global financial system to consume 264tw, while bitcoin is estimated ~130tw. also keep in kind that the financial system estimate includes banking data centers, bank branches, atms, and card network data centers. one could argue that you should include all the employees driving to work, microwaving their lunches, corporate skyscrapers, etc however those people would all just work elsewhere so i don’t think it should be included.
exactly right, i cannot believe that even people invested in the cryptocurrency ecosystem do not understand. i bet the op would not even reply to you though...
proof of stake is nothing but the existing system that is already in place. pos peddlers want to replace fiat (which is just a proof of stake system) with their version of proof of stake it is as thishonest as it get. in a proof of stake fiat system, the one who controls most of the money controls the entire fiat system. the delegate their senators and legislators to do their bidding. in a proof of stake crypto network, those who already have the coins control the system. that’s why there is a rats race to accumulate as much eth as possible before pos, because once the whales are done with accumulating the network token, they dictate the rules of the network. proof of work is the only system that is radically different from what already existed in the fiat world.
it seems the mainstream fud has even infected r. if you do not accept the misguided narrative your just delusional apparenlty, even though as you say the calculations spreading showing how bad it is does not really make sense, and the truth is when you try to dig into the hard facts they are very hard to find because no one really knows, even those popular satista graphs that are always being posted around claim they are just making the numbers up and dont know. read the text under each one and you see things like this: "the main reason this figure is an estimate, is due to the decentralized nature of bitcoin or cryptocurrencies in general: there is no central authority that tracks how many computers there are or where miners submit figures." they are just using estimates and dont show how they calculate these estimates, in other words, they are just making the data up lol. but it looks like a serious graph with stats and stuff so people just take it at face value without doing any thinking. i'm personally very concerned for the environment and if i could find any hard facts supporting this bitcoin energy consumption narrative i would dump the little btc i own straight away, but there just isnt any good information out there on the matter.
i love this comment. on the other hand, if earth ever becomes post-apocalyptic, all of this work for storing value will be for naught. a paper currency would be much more valuable than a digital one which requires significant energy to transact. 'value' is only 'value' if it has practical use to yourself or somebody else. without insane quantities of electricity, *bitcoin* loses all of its value. now, there is a lot of opportunities created by bitcoin and blockchain for doing everything you've said and solving the issues with power consumption. bitcoin really did pave the way and act as a proof of concept for such an incredible idea
how is this upvoted so much, you countered their misinformed comment with your own deranged misinformation. the whole point of btc was to do p2p transfers in a decentralized manner. the store of value part came up after people brought up the fact that transactions and confirmations are painfully slow without l2 solutions. like what is this delusional “bitcoin would save us in a financial collapse” scenario. bitcoin would buckle under the demand and the transaction fees would skyrocket. pow in bitcoin is wasteful and it will keep trending upward. pos systems have proven to be just as secure in practice, and better pow implementations have also popped up. there is no reason to defend spending as much energy as a small country just to run a network that has very small usage (can you imagine the amount of energy that will be wasted if bitcoin became widely adopted??). the r
>whereas a crypto transaction means putting one block on the chain. that stat is dividing the number of transactions per block by the energy used per block to get the energy used per transaction. it's not making the kind of rudimentary error people think its making
> comparing crypto transactions to visa transactions is comparing apples to oranges the real apples to oranges comparison is op's comparison of the energy used in bitcoin transactions to the energy used by the entire u.s. military, government and banking system.
if a block contains hundreds of transfers, let us say 100, then it is still using as much energy *per transaction* as 740,000 visa transactions. they're currencies and are comparable
this is my take as well. especially since btc can be used on ethereum as wbtc. the two can and will coexist. as long as pow mining continues to use renewable and waste energy, i'm ok with it.
>the whole btc network uses 110 terrawatt hours per year, considering my tiny ass country is close to 1 terrawatt hours just to power our banks and we can fit like 100 times in the us, i am 110% sure our financial institutions worldwide use way more then the btc network. the worldwide financial institutions process orders of magnitude more transactions than the btc network. your comparison is not normalized whatsoever for volume, and therefore it is invalid. it's like saying "my tiny ass country uses way less gasoline than the usa, therefore my country is more efficient in using gasoline than the usa!" it does not make sense.
if you are doing that, you would also need to factor in how much it costs to make all the mining equipment miners use. also most bitcoin transactions are on exchanges or through middlemen like wirex, which also have employees, buildings, etc.
i think people are seeing pos coins as having more potential upside. they want btc to be dethroned faster so they can make more profits.
because this hurts the narrative
if every usd transaction just in the us cost as much energy as the average bitcoin transaction costs, it would require 14x more electricity than the us uses in a year. do you think bitcoin via lightning is handling the vast majority of the earths financial transactions? because that is how much it would need to be to be anything close to as efficient as fiat.
and yet this sub eats it up because it fits their narrative
do you have a better source on this?
>decentralization, predictable money supply, tamper proofness, trustlessness, permisionless use and validation and thus complete censorship resistance why are these good things to have in a financial system?
proof of work is essentially a race to solve a mathematical problem, and the more computing power (hashrate) you throw at that problem, ie the more energy you throw at that problem, essentially the more likely you are to win the race = win the block reward. that competition is not present in non-pow consensus systems.
pow's security model is based on an arms race over who can solve the most math problems. those math problems get turned up in difficulty the quicker they get solved, so there is no limit to how much energy can get spent wasting time solving these pointless maths problems. it's all in an effort to try and stop one person from having 51% of the hashpower. because you get bitcoin whenever you solve a block, it encourages competition to waste energy to solve blocks and get bitcoin, but every time you add energy to solving blocks to get an advantage on your competition, your competition starts adding energy (and asics) to cancel out your advantage. exactly the same number of transactions could be processed at a fraction of the cost if you could just get miners to share profits and not engage in an arms race.
but you also brought up a direct comparison between banks and cryptocurrency, which, as u/-lightfoot points out, critics of bitcoins energy usage have a good point. we shouldn’t try to deflect these criticisms but embrace them and evolve. which i saw that you do agree with.
anyone who knows the real value of decentralised censorship resistant cryptocurrency will thisagree with the dumb assessment of the person you have replied to. the fact that such garbage gets so many upvotes shows how ignorant most people are on this sub. it is obvious majority here do not give a shit about censorship resistance, and are purely in it for the financial aspect. they view cryptos purely as an investment, and come up with such dumb arguments "visa is more efficient than btc".
i love how apparently it is not bitcoin that needs to change to accommodate the challenges we are facing today, but rather the energy supply needs to evolve to make bitcoin viable. > be patient. this will fix itself. that's like smoking, being aware that it will eventually give you cancer and then saying "by the time these cigarettes give me cancer, we will have already invented the cure"
lol this is a more interesting form of copium than i have yet seen. the, "do not worry, energy will be infinite soon!" cope, very creative! no shortage of mental gymnastics in subs with money involved, eh?
> be patient. this will fix itself and not without effort. people constantly push off problems like carbon or pollution as the next generation's problems. often the innovations along the way allow us to continue our greed, and we become complacent and do not actually fix anything. yet the damage persists
even if that was true (where’s your proof?), why is competitively wasting renewable energy not seen as the massive waste that it is? pos rewards network validation to a much more linearly proportional extent than pow mining: in pow, economies of scale mean the richest get more hash power per , space and hardware, whilst it is literally impossible for a small time miner to profitably contribute to the network any more. this is why bitcoin is primarily mined from massive, highly optimized mining farms. the ‘feature’ you describe ultimately incentivises centralization and there are numerous other blockchain validation systems that offer similar.
>firstly, the majority of bitcoin mining is renewable. how do you know that? don't most bitcoin mining operations draw power from the grid they connect to? therefore they use grid power, which (depending on the area) has lots of non-renewable energy sources. lots of crypto mining in china, where [65% of electricity comes from coal](
this is just not true. stop being a dickhead and google the difference between pow and pos.
bitcoin is not going to fix capitalism lol. profit maximisation and investors looking for returns are quite clearly still an inherent part of cryptocurrency.
not sure how you think cryptocurrency cures corporate greed.
this is true and blockchain . but the thing is there are better alternatives than bitcoin coming up and people just do not want to see it.
proof of stake rewards those who have the most already. ultimately it will lead to hedge funds taking over all development decisions in crypto because they have the most voting power. basically like our legacy financial system. yes, pow requires lots of energy. but it is also extremely competitive which means miners look for the cheapest sources of energy. which is either renewables or stranded energy. miners move around quickly if the situation changes which no other industry can do. 30% of all energy produced is wasted. overproduction will always exist and is usually converted to heat to prevent the frequency in the grid to go up. if instead, miners use this overproduction not one single gram of co2 is emitted additionally. downvote me all you want, but there is value in decoupling the stake of an entity from their power in the ecosystem. this must come at a price other than just buying most of the available supply of a currency or you just have a copy of the legacy financial system.
thanks. i’m being bombarded by abusive messages from btc maxis.
even if that is true, btc is way less efficient than other more modern pow alternatives
its the inherent competition to win the block reward that drives the competiton to burn energy in pow systems.
exactly. i just replied to another commenter who tried to claim that visa, when you consider all the "fixed" costs of handling money, probably consumes more energy per transaction. i pointed out that is physically impossible. visa handled 185.5 billion transactions in 2019. that's 5,880 per second. btc can do what, 7 per second? the bitcoin network consumed an estimated 127 twh per year last year. if visa's fully-loaded energy consumption per transaction was equal to bitcoin's, it would consume 127 twh \* 5,880 = 106,716 twh per year. total global energy consumption in 2019 was approximately 22,315 twh. so it is quite clear that visa uses less energy per transaction than bitcoin.
lightning uses very little energy. bitcoin could handle far more txs and the banking system, gold mining and the military would still use vastly more. you are being thisingenuous by not pointing out that with bitcoin the actual assets are being transmitted not ious using a middleman.
very much agreed. people need to knock it off with the knee jerk, attack-minded shit. it’s not helpful, especially when dealing with genuinely decent individuals. i think warren is a generally good person with good intentions, but it’s clear that she has very little understanding of crypto—and understandably so. i’ve been actively paying attention, trading, and researching crypto for about six months in my spare time. so far i feel like i’ve barely scratched the surface. the complexity of this is fucking mind boggling and the stratification of peoples’ knowledge is wildly thisproportionate. unfortunately i don’t really see much of a way to quickly and effectively educate people either. the crypto world could really do itself a favor and focus less on the scammy, hard selling “throw your money on this coin that’s going to the moon!” and focus more on succinct messaging that is meant to educate. a big part of why it took me so long to dive in is because it just looked and behaved so much like a scam, and i’m sure i’m not alone on that. if people are presented with knowledge that is good enough to provide a basic understanding of why they should be interested in this, it’s gonna draw in a lot more people who will then seek to educate themselves.
of all the bandwagons to jump on, criticizing btc's horrendous environmental impact is one of the better ones.
>btc mining is symptom of a greater issue what do you mean by that?
yes, what does influential commercial and bankruptcy law professor, former special advisor to the consumer financial protection bureau, former chair of the congressional oversight panel for the emergency economic stabilization act, current united states senator serving on the committee on finance with access to the nation's leading economic experts elizabeth warren know about crypto? certainly no more than me!
both have supported broad, economy-wide co2 reduction efforts.
i thisagree. do you realize how much energy 0.6% of world consumption is? it's *massive*, just because you put it in % and it looks small does not mean it is small. using the equivalent energy consumption of sweden to secure a decentralized financial network, when other less energy intensive methods exist, is not the ideal situation when we are facing a climate crisis head on that demands we consume *less* energy, not more.
warren is a fierce advocate against the [military industrial complex]( and has been [prolific in her plans to address climate change]( throwing up some red herring about tumble driers is pure whataboutism. if i showed you a video of her criticizing tumble driers, you'd say, "well \[insert other thing that consumes electricity\] also uses more power than the bitcoin network? where are her videos about *that*?? gotcha!!!" crypto should be able to "liberate the masses" without consuming the electricity of a first world country.
with respect, this is just whataboutism. we should be drying our clothes outside, turning lights off and a whole host of other things, but it still doesn’t escape the fact that btc uses insane amounts of energy
let's see here. a dryer uses (as a conservative estimate) something like 5000 watts for an hour. there are 7.6 billion humans. assume every human drys one load per day, that is 38,000,000 mwh per day, or about 14,000 terawatts per year. there are lots of estimates of how much electricity bitcoin currently uses (*does* use, not *could* use in some hypothetical world). at the relatively small end, conservatively, is 72 twh. make of that what you will.
so we have to fix the military industrial complex before we can address bitcoin mining energy consumption? alright. don't hold your breath.
>to say it’s a risky investment is just laughable. literally everyone that is been in the crypto space will tell you "crypto is risky, do not invest more than you can afford to lose" half the top posts on r, telling stories of losses, bagholding, etc. i've been in crypto long enough to know it is volatile - and risky - as fuck. yet when a politician calls it "risky", you think it is laughable? i find that... interesting.
there's a decent amount of libertarian overlap as well, it appeals to pretty much anyone who opposes centralized control of capital.
yeah it is very annoying, it is gotten worse as the sub has grown. along with the far right stuff has come lots of conspiracy theories about manipulation and control.
as a leftist myself, many of my fellow leftists are a *lot* more worried about the environment than decentralizing the economy. nobody can use any currency when the planet dies.
far right? what exactly in this sub is considered "far right"? must be this far right statement from op himself > there are ***some*** policy ideas i agree with elizabeth warren how dare he not agree with her 100%! far right!
i think bitcoin culture is ironically ideological and totalitarian. you are not allowed to thisagree.
the article is kinda misleading. people do not use btc for illegal things very often any more because of its low fungibility. people use xmr mostly, which black market volume cant be calculated
🤣 that last sentence. just wow.
you're clueless about warren in general
does it matter? it does not change the fact that pow is an energy vacuum
you know, you can spend a tiny amount of energy to do a quick search and not have to spend energy to ask these kinds of questions.
i’ve often noticed when i try to reply to comments on my own posts i often get downvoted. something about being the op does something to how you comment, or the way people perceive you, or i’m just an asshole. it’s a weird reddit thing.
what part of this post did you like?
what do you like about the post?
ok. then just imagine living in el salvador.
the red line is going up because politicians are rewarded for their failures
because it’s an australian chart.
she is the one who made a big deal out of it.
she submitted a recipe in pow wow chow, a collection of recipes from native american tribes, thats how much she doubled down on it. also she lied abt her dad being a janitor. shes a capital c; esp. after her dem primary bullshit. fuck that lady
unfortunately it does not find them, because they are built with loopholes in them for the wealthy lobbies who pay them to make it that way. this is the real reason most americans, myself included, hate their government. they are not looking out for what's best for their consitituents--theyre looking for what's better for their pocket.
i think the empire mass murdering bit is a better hypocritical example.
he said united states, i think he meant the government. as an american myself, i would agree. many americans are good people, but our leadership (dnc and gop) are basically evil, and the fact that most americans do not see it or do not care does indeed suck.
he was probably talking about the government and the way they have been doing things for decades if not centuries now...
it is reddit... anytime a person gets a chance to talk shit on the usa they will
well, if that **one** american looks like an ugly orange potato with 89 million follower potatoes, then yes, all orange american potatoes sucks.
what's that? i smell *commies* in here
take my good karma my friend, because it is true, those politicians do not represent all of us, that’s her narrow point of view, there are many of us who believe in the future of crypto finances and the fairness it will bring to the world
i think it is time for you to head on back down to tallahassee
where i live we have a couple of companies who swear they only supply 100% renewables. but yes, as you said that is just not an option for the vast majority of people in the planet.
without being printed out of thin air.
because there is nothing intrinsecally "green" or not about crypto. it's just an activity that uses electricity. fix the electricity thing and it will be green, just like any other activity that uses electricity. the green argument is fud and dumb idle people love to eat it, while the rich status quo loving assholes who push it laugh at them frim their private jets.
biofuel is not green.
more dumbassery. crypto uses electricity so obviously a "greener" crypto requires green electricty. they are directly related. this does not mean the "green crypto" bs has any merit. it does not. or it does just as much as asking for greener gaming or greener toilets. it's just fud and you people are eating it like cattle.
so we're talking about efficiency, not "greenness". i'm always down for more efficient systems, who is not. but then call it by its name and do not contribute to the fake green fud. only people with an ulterior agenda benefit from muddling the thiscourse.
like i give a fuck.
if anything they’re just worried for an added volatility to the already critical situation of the economy due the amount of public debt and defunding the county is facing.
karma farming is pretty simple on this sub bitcoin good = karma bitcoin bad = negative karma posting that some billionaire likes bitcoin = karma shitting on someone who criticized bitcoin = - karma the actual argument made to support any of the above points does not really matter edit: oh yeah and the mods only remove posts that are on the negative karma side lol
el salvador's president i would assume
trying to show how evil bukele is, yet he is being celebrated by rich first world people over bitcoin. but he is a bad man
he definitely didn’t read anything except the reddit title of this post
old people can learn about crypto. people here are pretty based when talking about boomers.
she is always been a boomer, because she is part of the baby boom generation born after the war.
yes, but there is a difference between a state accepting it as legal tender, and a statist like warren (who has legislative power) and her easily expected opinion on the matter. she has a history of wanting to increase government intervention in basically all aspects of the economy. i would hope that, especially in a sub like this, i dont have to point out how that would push against the goals of crypto and, in general, the push for decentralization.
you know, you’re right. i looked back over her later statements in the hearing and that makes her early remarks make a lot more sense. she says, “legitimate digital public money could help drive out bogus digital private money. it could help improve financial inclusion, efficiency and the safety of our financial system — if that digital public money is well-designed and efficiently executed, which are two very big ‘if’s.” and that’s a reasonable and fair take.
you're making it political though, not elizabeth warren. fossil fuels are the enemy - do not make bitcoin about who people politically support. it will only hurt bitcoin.
it's still whataboutism i'm afraid. perhaps she should talk about the us military more - but that does not invalidate this criticism of bitcoin.
smh i’m paying taxes for this???? ☹️😔
dont get me wrong, the show was great and i did enjoy it. that said, fuck the yankees
i don’t. i rather have the u.s. have all the power than other countries like china or russia
lol. doesn’t work like that
burritos =/= dog food
you make a criticism of this woman saying bitcoins energy usage will destroy the planet and then list other energy intensive things you consider to be on the side of the us dollar. your post read as an attack on the dollar as a defence of bitcoin, and the implication was in that defence.
"big idiot almost has an intelligent thought" hope you did not hurt yourself
then why wasn’t cersei heir of casterly rock from the start?
great i’ll just eat that
eth 2.0 is the future. we must make this transition.
"eth 2.0 is like re building the plane while you are already in the air" i heard this quote many times. any truth to it?
what about cardano, algorand etc?
i'm genuinely curious, why is everybody so sure about eth2.0? is it not still a couple of years away? why not look to an existing proof of stake project, like elrond gold or orion protocol?
it’s would be cool with we could use some of that mining power to solve protein folding in exchange for rewards
bitcoin was always initially intended as an experiment. i'd say overall, the experiment was a massive success. there's no reason why bitcoin has to stay the gold standard, as the idea of crypto itself being a viable alternative to fiat currency has already proved itself. now it is more about figuring out the most effective way to produce it. that's just my opinion, though.
>but the trend is scalability > decentralization and security. 1) decentralization is not binary and means many different things to many different people. btc isnt some uniquely decentralized system; it too has a tendency towards the centralization of power. 2) the trend isnt scalability > decentralization. the trend is being useful while maximizing decentralization. at some point being "more decentralized" has minimal marginal benefits while giving up almost every level of utility. 3) its interesting all the highly touted academics within cryptography have decided on pos systems yet the narrative is that it is not secure. what do you know that nobel prize winning cryptographers do not? >bitcoin merely cannot innovate cannot be more wrong technically it can. but btcs entire calling card is that it would not be changed. have you ever seen the hostility of the btc crowd to changes to its protocol?
> their community seems dead set on l2 solution specifically, dead set on lightning network. they seem to have no interest in adding the opcodes needed for zero knowledge proofs or rollups.
pos is just the same as fiat system. the ignorance to believe you want to replace a fiat backed proof of stake system with a proof of stake system backed by your shitcoin... jfc. there is a reason countries are adopting pow bitcoin as their currency, and not your insecure centralised shitcoin created by greedy devs
> they already had a hard fork with bch over a small tweak to the code this is such a blatant misrepresentation, i honestly cannot tell whether you're intentionally lying, or are actually this clueless. either way, does not bode well for the validity of your viewpoints on anything else.
afaik, bitcoins purposeful design is to make it very labour intensive to mine the next coin. as a side effect of those hard struggles, much energy is used.
there are some out there. check ergo. when everyone was busy with pow the founder was busy researching pos. now everyone is focussed on pos the founder is evolving pow.
what can pow do that pos cannot?
bitcoin does not store lightning network transactions. the transactions are done off chain and only the balances are posted when you close the channel.
the calculation looks much better when you realize there are up to 2700 transactions per block.
also the cost of a visa transaction does not take into account the amount of resources, i.e. security...
>people brag about using it to order pizza, right? when referring to it is early stages and as a way to laugh off the fact that yesterday's pizza money could have been today's retirement.
are you saying that bitcoin will get more expensive energy wise the more people use ?
yeah but it is essentially monotonically increasing since inception.
the problem is not use "a lot of energy", but how the energy used is generated. bitcoin could use the energy of the world, but if it would clean and generated by sun, it would not be a problem. the problem is not with bitcoin but with how the world generate and use energy.
people seem to be tied up on dividing total energy consumption by every single bitcoin transaction. this is a very misleading calculation. they should be dividing energy consumption by every mined block (or hash). in 2012, there were about 50 transactions per block. just earlier this year we were at 3000 transactions per block. in the future, with further bitcoin development, we will be at millions of transactions per block. energy consumed per transaction will get closer and closer to 0 as time goes on.
people in crypto circles think if they say the exact opposite of someone in the mainstream media, they are saying gospel.
there is already solar energy and geothermal energy being implemented across the world but i admit the energy usage still sucks.
crypto is becoming more mainstream, but it still has sort of a cult following that spread the misinformation. i’m optimistic things are going to get better and more energy efficient in the coming years.
i don’t know much about the subject as it’ll become clear soon but assuming pow is short for mining or something, how is this a way to make sure it’s evenly thistributed? mining is done with computers and those cost money so the more you have to invest the more you get, same as everything else?
this is factually wrong. you hear about taproot? locked in today buddy.
i mean the guy literally said visa is 76million times more efficient than btc. hard to argue with those facts mate. anyways, i'm done with the sub. no need to try and shill me btc.
why are you talking about "they"? visa could run all the machines and employees it wants, it consumes 74 million times less energy per transaction than bitcoin. bitcoin will always be more wasteful.
because the carbon credit industry is not a complete pile of bullshit.
decentralization is not obsolete. *fucking wackjobs in this sub.*
the entire financial system is multiple orders of magnitude larger than bitcoin. the fact that their power usage is that close at all is completely batshit.
> a recent galaxy digital report estimated the global financial system to consume 264tw, while bitcoin is estimated ~130tw. this makes bitcoin look terrible.
woah…that makes bitcoin look even worse!
cool. now finish your calculation and show power consumed per trillion in assets…
imho pow and pos have the same incentive structure. with pow, if you have more resources you can buy more computing power and energy. pos just skips the hardware implementation. unless you were mining very early on and kept all your coins, you cannot expand your wealth or influence over the network with pow.
currently there seems to be an organized fud campaign going on. i've seen this happen often throughout the years.
consider that you are overdosing on copium and make a serious effort to remove that gas mask and breath some reality for a change. your wallet depends on it.
in a post-apocalypse, paper money will be meaningless also.
but for wbtc to exist, it either needs to have the bitcoin blockchain running, or be a meanlingless paper derivative. you cannot just cut bitcoin's power by 30% and allocate that much bitcoin volume to on eth. the energy use will be the same regardless.
to come up with an analogy, essentially the bitcoin system is like deciding who gets to play banker for the next 10 minutes with a probability proportional to the amount of food they spoil. the hashrate competition is exactly as inane as the above. ("but, there is excess food in certain parts of the world that is stranded! we might as well use it in the spoiling competition!" "mass refrigeration tech is still really bad so we cannot store the food." "most of the food being spoiled is renewable! we spoil *crops*, that is grown with sun and water!")
it kills me to see people write that wasting energy is ok because it comes from renewable sources. as if creating a massive renewable plant did not have any impact on the environment. this is just like riding an electric car. yes, it emits less co2 than a gas one, but it is still far more than a bike so you should still use a bike if you do not really need a car.
most renewable energy sources are stranded. see hydroelectric. these energy sources need nearby infrastructure which bitcoin mining helps subsidize. finally, 33% of all energy produced is already wasted.
i agree with you. corps will always be greedy, governments and banks will always support this too. but the whole point is to give the regular citizen a chance to participate in an improved and much more advanced economic system. bank the unbanked. almost 1, this is only just the beginning you'll see.
oh im a firm believer that bitcoin is old tech. i'm heavily invested in pos projects (eth included ofcourse) but we should not ignore the security of a pow coin. it's still incredibly useful when it comes to decentralization.
lol you think btc doesnt reward the rich + early investors? to compete you need to be a multi million dollar mining op and are forced to by asics. of which half of all sold comes from bitmain. maybe cpu pow mining gets a pass for that but certainly not bitcoin based asics. saying "well 30% is wasted" is the dumbest thing ive heard from the bitcoin community. thats like blaming people who try to conserve the energy in their house by shutting off the lights. we need to reduce the energy expenditure. not blame energy conervation because you want to secure a ~4 tps network.
i will absolutely not downvote you for an insightful and well formulated response. i understand your point, very well actually. you've given me something to consider. thank you!
lol. of course you are. it’s the wild west in cryptoland. and bitcoiners don’t like being told the planet is not flat.
does that remain true if those technologies scale to btcs size?
with bitcoin the actual assets are being transmitted. not ious using a middleman as in visa's case. apples and oranges.
i'll put it like this. if cold fusion is harnessed and we had nearly unlimited clean energy, would people still be complaining about btc? i would venture to say no, they would not (well probably some other fud would replace it).
you mean the paris agreement, where everyone wishes for santa?
is it massive? “the amount of electricity consumed every year by always-on but inactive home devices in the usa alone could power the bitcoin network for 2.1 years” double the amount of electricity bitcoin uses is wasted every single year in the us. the whole concern is completely overblown.
> warren is a fierce advocate against the military industrial complex and has been prolific in her plans to address climate change. not against the military's waste of energy per se. and if she is why is not she for bitcoin? give me a fucking break. these are not red herrings or whataboutisms. obviously bitcoin itself is being compared to other users of energy. you cannot liberate the masses using shitcoins printed out of thin air and secured by the holders only.
sorry, but it is not a whataboutism. if even tumble dryers are using that much energy (which hypocritically draws very little focus) how much energy is being used by the us military to secure the dollar, all the brick and mortar banks, all the security vans and all the gold mining etc?
i thought i had made it clear by stating twice that this is not my opinion but why i think people hold this belief, hence the whataboutism so common in this topic, but i guess not.
i like your reddit character lol right well i guess what i’m trying to say is there’s risks in everything and risk usually if not always comes with rewards. but people don’t associate the rewards with the risks directly. i’m completely aware that it’s been said countless times and guess it’s laughable in a way that i didn’t expect it to be coming from someone like her or an outsider of the crypto sphere.
those conspiracies were always there.
there's people on the internet who see the phrase "i agree with person1 on some things, but..." and place it in the same category as "i'm not a racist, but..." in other words the "there are some policy ideas i agree with elizabeth warren" does not add legitimacy to the ops post, but reduces trust the person is arguing in good faith at all. it could have been left out, and instead, they could have actually quoted what warren said in the press lately. instead they just inferred she said something bad, leaving our imaginations to make up something nasty.
that's a good point that certain coins are more crime-ridden. the study linked is not just about btc though, but rather crypto on general. also, the leading crime with crypto is scams, which is not surprising. but scams are far less in monetary magnitude than things like money laundering.
do people even use bitcoin to buy stuff anymore? it's waaay too deflationary tbh.
is this true for ransomware? seems like they ask for bitcoin simply because it is less complicated for the victim, but maybe that is changing.
leaders should lead. they should be ahead of their constituents.
or you could move your arse and give me a cogent reply?
it happens. and in all fairness, i was being a snarky asshole in my reply. 🤷‍♂️
lol except in this example he himself said he replied in a snarky asshole way, *that’s* why he was downvoted.
you think the us military securing the dollar is justified?
fiat money is backed by the whole economy and the gdp of a country. and the economy as a whole is extremely damaging to the environment in lots of different ways. so bitcoin is less damaging to the environment than fiat imo. while it uses lots of energy, it is still an improvement.
if lumber prices weren’t so high, then i’d be building a guillotine.
i think most people from most countries would agree their politicians are awful. the difference is the us political class control the us military. which is simultaneously one of the most sensational achievements and greatest travesties of all human history. so it matters a little more.
dnc and gop are two halves of the one party system that exist only to enrich themselves and their cronies at everyone else's expense. partisan politics is one group of corrupt politicians seeking to enrich themselves and their cronies at everyone else's expense railing against another group of corrupt politicians seeking to enrich themselves and their cronies at everyone else's expense
they always want control.
you say that like the country does not deserve it lol
that’s cool. i’m a huge alligator nerd.
if it uses more electricity than an equivelent service then it is entirely relevant how "green" it is. in the same way people talk about switching to electric cars instead of gas powered, or utilizing more efficient electric heating rather than gas boilers. they all are "just activities which use electricity", that does not mean that making them more efficient is not important. crypto right now is less efficient, and provides demonstrably less value to the average person, compared to something like visa. doesn't mean there is not a better version in the future which can be as efficient or better.
that's true. it's not the best analogy.
what are you talking about? greener crypto is obviously possible by using pos. there probably layer-2 solutions running on eth that would make crytpo even more environmentally friendly. whether you are using btc or eth is completely independent of where the power comes from. it's possible to have greener power generation and use crypto that requires less power consumption such as eth. i do not have fud. i own btc and i have not sold it because i think there are a lot of different applications for it and it is a feasible currency. having said that, i'm not just going to bury my head in the sand and pretend like there are not some flaws with it.
😂 i know joe isn’t perfect by any means but goddamn
yep. whataboutism at its finest.
don’t necessarily agree with all that but i appreciate the in depth reply and good points.
what a delight to find thoughtful people on reddit. :) wilco fan?
ahh i get it. sorry, i’m old.
why not? you're suggesting that the usd be pegged to btc. so what does that mean, exactly? would the us government have to go buy up a certain number of btc per usd in circulation? with what money? how is it pegged? what happens in a crypto market crash?
the grand old party, the gop, republicans in the usa
i have no idea what this means, but thank you!
please, i need an update: did you eat the duffel bag of cocks or not? i need to know i’m providing valuable advice to my friends on reddit.
because her father, tywin lannister, was sexist. there’s a big difference between characters or even whole civilizations in a fictional world being sexist, and the whole universe being so. just my opinion, of course.
just trade bitcoin for food. or eat the chocolate covered bitcoins; they’re legit delicious.
2 different things. btc is being used as and has evolved as a store of value. the energy usage is what gives it value. eth 2.0 is smart contracts meant to re-wire how we do transactions. one of these you would want to be extremely efficient because it is use case is to handle a lot of day to day transactions, while the other is just going to continue to grow and it is value will be a direct correlation to our ability to generate energy.
also from what i have been reading cardano has been making waves that sound positive for the future.
mind sharing a few good points about eth 2.0? imho btc and every other crypto is a horrible choice as a currency in the current state. they are still valued against the dollar, too volatile, not anonymous, easily manipulated by insider trading, only seen as an investment asset, or not enough trading value to be competitive against traditional fiat. edit: + fees. who wants to pay +5 - 10% in fees in addition to capital gains? the only winners seem to be the brokers.
cardano already superior to eth though . . .
polkadot will be launching a parachain with [moonbeam]( within the next month or two. it's a next gen proof of stake blockchain built on top of a secure layer 0 protocol designed for security, interoperability, and governance. i do not understand the attachment to these projects when it is so early in the space. i know eth will always have it is place (and since i own some i want it to keep its value). people need to recognize that there are better projects int he space. bitcoin and ethereum were great proof of concepts, but it is time to move on.
vitalik said it was, sort of. you can listen to him talk about 2.0 on lex fridman podcast. he does not even like the term 2.0.
that's the development process for you, cannot be perfect right away
that's pretty much true, eth remains a second generation coin, it is already widely used and they are trying to change the technology behind it... meanwhile you take a third generation project like algorand and it already offers everything eth 2.0 is working on...
that applies to literally any released software going through a critical update. there is no perfect software and software upgrades are normal to fix any bugs and add additional features. the stakes are higher than just any iphone app because of the billions on the line though - so the better analogy is that it is similar to any live heavily used critical software like gmail or cloudfront.
i'd say it is more like adding expansions and improvement to the space station with the intention of casting the old, original station into the sun after the upgrade.
it's not as dangerous as the statement alludes. there is no possible thisruption that eth2.0 will bring beyond initial skepticism. the platform has already created it is own value being on pow and is already established. pos brings long term viability by reducing energy usage by \~99%, reduces gas (transaction fees), and lowers the gateway for entry for dapps and defi solutions. to provide a more fair statement: "eth 2.0 is like enhancing, re-enforcing, and optimizing the plane while it is already in the air"
i think of it more like renovating and making a house smart that was built in 1900. you can drill holes and rewire outlets and replace the electrical panel and add outlets where you need them and take down walls where they don’t make sense anymore and add an addition where it does make sense, and the result will work fine, but it simply won’t be as elegant as a design that was built smart from the ground up, there’ll always be small issues due to the outdated architecture.
my issue with the competitors is none of them have functioning applications. they make big promises and if they can follow through then great, but ethereum is the only one with a working ecosystem.
it will happen, but when? the reason they do not move from eth is because it just has such a large network of tokens and dapps. they would rather wait for 2.0 than migrate elsewhere. the only way to get the migration is to make it as easy as possible to port to a different network.
probably gonna get downvoted for this, but there is a thisturbing amount of hero worship on reddit towards vitalik and every little thing he says or does (see: the flood of fawning posts on this sub every time he posts on his blog, makes a donation, thisses craig wright, etc). i suspect that many if not most eth maxis are actually vitalik maxis who believe he can do no wrong. thus, they are sure about eth 2.0 because they have unshakable faith in its founder. silvio micali, gavin wood, and even charles hoskinson do not get that level of devotion.
perhaps even postassium rich rewards!
i mean... curecoin already is a thing. maybe someone can work it out some more?
the network is why it is still the gold standard, the tech does not matter. if another coin can get the community and security that the btc network has, then it will be a conversation. until then, it just does not matter. no on cares that btc is on old tech. it's rock solid, and more importantly *incredibly secure* from a network point of view. that's where btc derives it is value from, imo (i'm not some maxi either btw, but felt a need to explain why nano and whatever currency of the week never catches on even when it is superior in every way).
while i thisagree on the experiment sentiment i do agree that there’s no reason why it should stay as the gold standard. but that’s dependent on the success of these ‘relative’ security and decentralization systems other l1 networks provide. i imagine that’ll take years to actually materialize into meaningful data. all the while the big players have to avoid getting compromised. i also think it’ll depend on the way bitcoin maxis respond. if they continue to surround themselves in a shell while shunning the rest of the crypto market, the community and, in extension, bitcoin’s outlook can change very quickly imo.
i think the safety of pow is still higher than other options
experiment was a colossal failure. it was intended as a p2p e-cash. it is now everything but that.
do these academics not think that alternatives to pow and pos are better? ie: how's iota or nano?
care to elaborate on how this is wrong? i understand they changed the blocksize, unaware of any other changes made during the fork.
asic-resistant mining is a godsend for both energy consumption and letting us little guys have a chance at making decent income by supporting the network. and ergo's autolykos algo is so much less taxing on your gpu too. i can run it with the same clock and power settings as i was using when mining eth with my 3080, and the vram temps are 10 degrees lower. and that is with the glass case panel closed, which i could never do with daggerhashimoto.
i’ve had ergo on my list to watch for a while. finally going to dip in soon i think
fully anonymous operation (xmr).
the whole essence of a crypto currency is immutability and security. none of the pos coins have proven their cannot be muted. majority of them are hardly battle tested. eth had a hard fork just because someone fucked up and the devs lost a lot of token. pos is good technology but it can never be considered as a replacement for hard currency.
pow is more suitable for privacy protocols and off-chain clients, it is also capable of light nodes with the security of a full node (i.e. you can verify transactions using <1mb of data, with full autonomy from the wallet user - this means someone could literally run their own node). there is also the mining aspect itself, funds go to miners who are limited on mining capacity by the greater gpu. in pos, stakes just get larger with time (e.g. the rich get richer) and is cause for concern when it comes to wealth concentration. edit: also pow uses consensus-theoretic security, which some smart contracts may require in order to function properly
correct. i used the wrong verbiage.
it's 741kwh per transaction not per block.
still not even close to visa.
wasn't there a post *today?*
extra energy is used to make money.
fair point, if we (people) transit to green energy, the problem of bitcoin consuming a lot is solved.
despite that, energy usage is currently 741 kwh per *transaction*, and increasing. this is not good for anyone.
i've seen a (pseudo) direct correlation between new money and shilling accounts. similar to other asset markets its really fear-based. new wallets will be filled with confirmation bias and sunk costs. they'll also be more motivated to post and post prolifically. this drives most of the daily activity both socially and in trading volume imho. the only advice is that there is no advice. unless you call 'buy early and hold till you make money' advice...
it’s interesting how absolutely stubborn people are around which currency is best. bitcoin in particular. we should all be working to profess the best ideas. they would need to include being as light in the earth as possible.
thats unfortunate. you are probably hanging out in the wrong channels. reddit and primary social media are breeding grounds for shills and fudders.
talk about crypto? fud. mention you’re going to sell a crypto? fud. discuss the merits of different type of blockchain models? most certainly, fud. look at a chart? believe it or not, fud. straight to fud. no questions asked.
check out the r. i've been shocked on more than one occasion for getting upvotes for my criticisms.
just because it is not bitcoin does not make it a shitcoin
really, i think nobody knows shit about history of money, when and how gold pegs were developed and dropped, what banking does etc. it's just a regurgitation of the same few phrases. really. i bet almost not bitcoin zealot has done their homework, they are just tribalist and pumping their bags.
even still, why waste the clean energy on pow when pos
energy efficiency for bitcoin has been getting worse though. the only thing that makes it more efficient is significant price drops.
pow: proof of work. aka mining. using powerful computers running complex algorithms to secure the network. pos: proof of stake. trusting accounts to just tell the truth and confirm legit transactions. if they are the only one trying to get a fake transaction though, they essentially get a fine. despite what people invested on either side say, both have some ups and downs. while you're right that the more computing power you have the more rewards you'll get from a pow currency, to buy those computers you have to give up btc (or any other pow coin); either directly, or more likely selling it to pay for your new computers in usd. then you have to give up even more coin to pay the electric bill, and rent the space you're using. the thought is that by giving up a decent amount of their mined currency, there will constantly be some available to others, keeping it from becoming too centralized. with pos, you do not have to pay a single cent of your earnings to electricity costs, or building rent, or anything else; except maybe a tiny amount to a separate organization to host your node for you (losing power and thisconnecting from the network gets you in a little trouble, but i think you only get 'fined' (slashed) for deliberately confirming fake transactions). not only do pos coins not really require any upkeep costs, but the coin itself is the initial buy-in investment. this incentivizes the accounts to just keep holding onto the coins they 'mine' from pos, because they earn more the more they own. there's no thistinct need to ever spend or sell off a pos coin in the staking process. but there are some nice positives for pos; essentially nonexistent costs to stake should lead to very low fees for each transaction, as well as the coin being as efficient as possible on a watt:transaction ratio. pos is a promising technology, but the largest market cap coin out there is still pow. only time will tell which is superior in the long run, and how large the interior's place will be in the ecosystem.
yea the network literally changed today... and all because 18 mining nodes 'signaled' to update. very set in stone
oh i meant like the treasury. sorry if i was not clear.
visa is a very high layer solution in the traditional financial system, which requires trust maintained through force. you're comparing apples and oranges here. it would be like comparing the energy spend of lightning network with the entirety of another blockchain while completely ignoring the energy spend of bitcoin base layer. it's thisingenuous.
>bitcoin will always be more wasteful. the wastefulness or otherwise of bitcoin is subjective. here you are, on reddit, using much more power than would be enough to probably warm water to save a child dying somewhere in africa. that's incredibly wasteful.
for having a different opinion? i'm talking about fiat, first of all. but if that is what you do to people who think different then you, do not bother. i'm subscribing myself. what an utter tool.
agreed. if there were btc bounties and incentives to to investigate and expose fraud it would be a lot better though. crypto makes turd polishing scalable.
bitcoin is using half the power for <'s [+ trillion.]( i'd like to see a source for those power usage numbers, but yeah that kind of speaks for itself.
the "entire financial system" is a censorable network where anyone who offends those in power can simply be kicked out at the press of 2 buttons on a remote computer. running such a system is magnitudes cheaper because it offers maximum control for those at the top, and very little freedom for the average user of the centralised fiat banking system. stripped to its basics, it is nothing more than a database. a truly decentralised censorship resistant network, born out of ideological opposition to the system described above, consumes more and more resources because the incentives to attack such a network are constantly on the rise. the network is designed in a way that the only way it can be secure is if new attacks are mitigated because it costs an insane amount of money to even attempt an attack. this is the only way it can afford freedom for its participants of the network to transact freely without any interference and without being censored. comparing the resource usage of both is simply an attempt at intellectual thishonesty. if someone doesnt understand or get this, they have no purpose being associated with any decentralised cryptocurrency. coins which claim they are "better" and only consume very little resources almost always fail when tested. take the popular example of nano, it was unusable for such a long time because of what was described as a "spam attack". many other such coins have never even been tested by a capable attacker. they just exist, building up marketcap, with zero real world adoption or usage, let alone attacked by agents who have a lot of resources and motive to defeat such networks.
exactly. bitcoin is a miniscule fraction of the scale of global financial systems and still consumes half the electricity. that's bad.
seriously, these pro-btc arguments are losing me. remind me of apologists from the mormon cult i left. so many holes in logic.
yes centralized systems will always be more efficient than decentralized ones, just as an autocratic government will always be more efficient at making decisions and executing them than a democracy. we as humanity have to decide how much decentralized finance is worth to us. my opinion is that if bitcoin is mostly run on green energy, it is worth it. if we fuck our planet with it tho, it is not worth it. it'll take some time, maybe 5-10 years, then we should have a clearer picture, whether bitcoin incentivisez green energy or actually is one huge 'waste' of energy. i hope it will mostly run on green energy, cause i like the coin.
i'd rather decentralization any day. the whole freaking point of btc and crypto was decentralization.
> pow and pos have the same incentive structure that is categorically incorrect. . the main difference is that pos validators actually benefit from not selling any of their token apart from the bare minimum, because in a pos system more coins => more governance and control over the network. this kind of incentive simply does not exist in a pow network. miners have no incentive to keep their coins apart from speculative purposes. a miner not selling any of his holdings wont give him a hair strand of additional control or governance over the network. but a pos validator has more and more incentive to control as many coins as possible because it would help them become a key player in the network. pow has an incentive system where the proceeds- from electricity, storage, procuring and replacing existing asics, etc. there is no real incentive to hold on to the mined coins. pos validators have very little costs associated with their operation apart from initial set up costs, and more incentive to hold on to the cooins. .
it does seem that way and targeting r. this energy one is quite effective cause not only can it draw in crypto haters, it also appeals to crypto supporters who just want bitcoin to fail with the hope that it helps whatever coin they support. just look at that "copium" guy who replied to me too, yet cannot provide any proof, as always lol. its amazing how effective this one has been when as far as my research has found the hash rate of all crypto currencies combine is no where near 1% of annual global c02 emissions. yet people are so concerned for bitcoin and not the big contributors.
like i said, if i have been mislead from reality please show me some good information to lead me back to the right path, but everytime i get responses like this, i never get given any. when i go looking for them myself, they arn't out there. please enlighten me.
it depends on what kind of apocalypse, i suppose. if there are still societies, it is extra effort to invent new currencies. bitcoin would be forgotten (same with all crypto & digital currencies) simply because of access being so poor. access to currency is what gives it stability and eventually proof of value
forreal if you don’t understand bitcoin than you really don’t understand crypto lol
>it kills me to see people write that wasting energy is ok because it comes from renewable sources. thank you for saying this. if bitcoin is using renewable energy, that is renewable energy that could have powered a home, or data center. also, i do not understand this "most bitcoin mining uses renewable energy" trope. how can they know? unless you have a solar farm and battery literally running your crypto mining operation, your energy comes from the grid. to my knowledge, no grid consists only of renewable energy sources. so when you mine crypto, you are using energy from the grid, which consists of gas, coal, nuclear, hydro, etc.
yes, moneros randomx is great, i agree. and i also agree on most of your points, but these companies bring value to otherwise underdeveloped regions. full thisclosure: i work for a company that does all sorts of mining and hpc all over the world. let me tell you, in for example northern sweden there is lot's of hydro and no one to use it. in this small town with high unemployment, companies like ours book hotels, hire workers, go to restaurants, ride taxis, rent equipment etc. the energy produced there would go to waste otherwise. there's also regions in norway, canada and texas with similar parameters i know of and countless i do not know of. no mining company can afford to not use either renewables or stranded energy. it's just the economy of the business.
yes. far more efficient on a per transaction basis
even if you take this number from a site that has a clear interest in downplaying the energy impact of bitcoin, the entire banking system including physical branches still uses less power per transaction.
but what if i told you that the entire banking system uses less energy per transaction that bitcoin?
can you eat a bitcoin? live in it? *it's a number, not an asset.*
what "greater problem" are you describing? that we do not have unlimited clean energy? of course they wouldn't be complaining about bitcoin if we had unlimited free energy, it would no longer contribute to a destructive force. but we do not. if we had a proper carbon tax, i wouldn't have to think about whether we should allow bitcoin or not, and if we ever do get emission free btc via cold fusion, then hey, mine away. the "greater problem" with bitcoin is the people buying it. why *wouldn't* someone struggling in el salvador put some extra co2 into the atmosphere if some chump in a first rate country is going to practically pay them to do it? and for what? a commodity that the us government does not get to have control over? is that really so valuable you'd say it justifies hastening a catastrophe?
i see bitcoin mining as an exacerbating factor to climate change. just like lots of other industries that consume a lot of energy, they all contribute towards co2 emissions. if there were no co2 emissions from electricity production, then absolutely you're right, bitcoin mining would not be an environmental issue.
she has drafted bills to get [corporations to thisclose their co2 emissions and climate risk]( and to [reduce the military's enormous energy consumption]( she has numerous detailed plans to [address the climate crisis]( musk, his support of carbon reduction is wholly financial, as he makes most of his money at tesla selling carbon offsets. carbon reduction regulations would boost his bottom line.
i wish we did not waste as much energy as we do.
that being said, i get your point, and thank you for your perspective. to be honest, i'm not sure if your comparison makes me *more* comfortable with bitcoins energy usage, or *less* comfortable with the amount of energy wasted by always-on, inactive devices. that's a goddamn travesty.
there's lots of politicians who are hypocrites on climate and energy usage. warren is not one of them.
i don’t thisagree but it still doesn’t change the insane amounts of energy bitcoin uses per transaction.
if that is the calculation, saying bitcoin uses less electricity is kind of sketchy. they're roughly the same, and i personally would rather have dry clothes.
no, sorry, i did not catch that sentiment in your comment. it appeared to me that you were stating your belief.
i think you are right, it is a lot harder to get xmr than btc! i do not think that will change tbh for the reasons you said
so they have to know the future and be able to read minds? are you talking about a politician or a superhero?
clearly you've never studied government or paid attention to any government official. ever.
click his link and look at the results, if you can read, maybe someone is typing for you?
or you could stop with the low-effort attempts at a "gotcha" against warren. it sounds like you're implying that she does not care about those things. people can care about more than one thing and all those things do not have to be brought up in every context.
lol, i can’t help but be a snarky asshole most of the time…
more snarky than the original comment?
> you think the us military securing the dollar is justified? propping up the dollar is not even one of the military’s primary goals, and it’s not something the military can even control. this is a misconception similar to how people believe that the current administration (e.g. president) controls the us economy. sure they can influence it, but more like a tug boat guiding a freighter- the freighter can go wherever the fuck it wants 99% of the time, especially if it’s sinking. what i did like: * the edit what i didn’t like: * comparing energy usage to the us government’t make sense. their primary goals are not to prop up the us dollar, and there’s no effort to normalize the comparison. * there are lots of things that use more energy than bitcoin, and the comparison would be equally stupid if the same amount of effort was used. * bitcoin still uses *a lot* of energy for what it does. obvious to anyone who’s mined in the last decade given that profitability was completely dependent on the cost of electricity ($). * what does warren’s opinion of got have to do with anything? that entire paragraph is irrelevant. * no effort was taken to actually prove & support their point. it makes me think they simply don’t like negative news regarding bitcoin.
i’m not sure i understand what you’re saying. the economy only uses money (multiple currencies including bitcoin)… but money & currency are just a tool that makes it easier to trade for goods and services regardless of whether it’s fiat, gold, bitcoin, or anything else. why do people use the dollar? because the value is relatively stable, they trust it, and its easy- almost everyone accepts it, and even small children know how to use it. even without the dollar the us would still have an economy and a gdp (and so would every other country)... it just wouldn’t be measured in dollars. people won’t stop buying bread if the dollar went to 0, they’d just switch to something else. i guess they’ll stop working if they don’t get paid- but even that’s temporary.
and to be the "world police"
have you even read your own post before sending it? so a gas car and a gas boiler are equivalent to electric cars and boilers, just... what? less green? gas burning is inherently not green: it is not renewable and it causes carbon emissions (and other harmful emissions). what you're trying to argue is that there are two electric cars and one is "greener" than the other because it is more efficient. except that does not follow, because your "efficient" electric motor is not greener than the "non efficient" one, if you use coal to charge the former vs. wind power or solar to charge the latter.
furthermore, a super efficient electric car that is charged with electricity coming from a coal plant is not "greener" than the worst performing old ass tesla, if the tesla is charged using wind or solar power. people are conflating efficiency with "greenness" intentionally to spread fud.
so if you live in a place where 100% of your electricty comes from burning second grade coal which you use to run your pos validator node, that is greener than a btc mining rig running 100% on wind? stop conflating and stop eating the fud they feed you.
i respect your thisagreement, and appreciate you being respectful about it. i hope you have a good day!
yeah i agree. blockchain will def help automating certain politic roles.
i would love to explain all of this to you but instead i’ll refer to you youtube. first i want you to research about the dollar being pegged to gold pre 1970s. then research what it means to be off the gold standard. then watch some of the talks that happened during the bitcoin miami conference. but basically, the dollar was once pegged to gold and that made the dollar strong. when nixon took us off the gold standard, the dollar has been losing its value. more rapidly today because of qa, the trillions they’re printing.
> my friends on reddit. you are pathetic
i think the society portrayed in game of thrones is definitely sexist. that’s why brienne was a rarity and couldn’t be a knight, or arya was expected to embroider instead of learning to sword fight with her brothers in winterfell. i’m not saying the story is bad because it’s set in a sexist universe, if anything it adds realism, we live in a still somewhat sexist world with a very sexist past similar to the got universe. and just like in reality, some broke society’s expectations.
who’s going to take bitcoin for food if it’s not backed by anything. currently it’s backed by its dollar value. people try to argue the dollar isn’t backed by anything but that’s completely false it’s backed by the wealthiest country in the world with the largest military in the world and a sophisticated banking system.
thanks for taking one for the team
that's the cult of satoshi for you, to them everything else is a shit coin...
someone's got to pierce the veil
being right does suck sometimes.
looks like they just could not accept the truth. by the way, the bitcoin subreddit does not deserve good people like you anyway. it's their loss, not yours.
decentralization is the future. if you can find a consensus protocol other than pow that allows for pure decentralization i’d love to hear it.
>btc is being used as and has evolved as a store of value. the energy usage is what gives it value. i respectfully thisagree. you are trying to tie value to energy consumption and that is just not the logic here. there is energy waste because btc has value, and not the other way around. it is valuable because people desire it and because it is scarce. think about gold, which would be a good analogue. it is also quite energy intensive to mine it, but its value wouldn't thisappear if some new tech made its extraction completely green, sustainable and environmentally friendly. it would, however, cease to be valuable if we found a huge island made out of it, where we could just pick pure gold nuggets like we pick pebbles at the beach.
other way around, its the value that drives energy usage. energy use *lags* behind price changes. it does not drive them. you can clearly see this on the difficulty chart. the price of bitcoin crashed, then the amount of mining dropped.
those are what's known as excuses
this is where do your own research comes into play cardano is indeed making waves that sound good for the future, i slid a little bit into it not much, i firmly believe etherium 2 will probably win this overall race but i feel strongly about some other coins that do have totally different use cases
as an algonaut, i approve this message
>meanwhile you take a third generation project like algorand and it already offers everything eth 2.0 is working on... except for somethings that are woefully lacking, like an enormous decentralized network, development teams, and interconnectivity to pretty much every other crypto that matters in the space.
all the tech in the world does not matter if no one builds on it. that's not specific to algo, but i keep hearing about these eth killers - but when you go to check out what's built on it it is a ghost town. while all the work is still being done on eth, then it will continue to do well. i'll pretty much always follow development activity and community. because that matter more than any backbone tech, no matter how impressive.
better more decentralized alternatives with best coin thistribution like fantom.
vitalik do be kinda sick doe
are all guys just hinting at ban4no (dont want comment removed) or genuinelly dont know folding that does exactly that?
much higher. and that’s the point because having security is accepting a trade off between, in bitcoin’s case, scalability. and so the argument is ‘what is enough security’. the answer is still speculative and will depend on how other systems perform on that front. this may take years to conclude. we’ll have to see.
maybe short term, but bitcoins security guarantees are going to change significantly as the block rewards keep dropping and it depends more and more on transaction fees. there are a number of risks that show up when you rely on transaction fees and no blockchain has attempted it yet.
a failed experiment is still a success if you learn from your failures.
bitcoin was a massive failure because it started as one thing and ended up another? you know how many successful companies started as one thing and changed their direction. it may not last forever or get replaced but it hands down was a huge success.
it's actually cringe to think of bitcoin as a cash alternative. the store of value narrative is definitely more believable.
i'm so sick of seeing this tired old misconception. bitcoin was *never* intended to be purely a medium of exchange, and this is obvious to anybody who really looks at it objectively. only bsv and bch people are fixated on this very narrow definition of the word "cash", ignoring the fact that this word has many different connotations. instead of stopping at one word in the title of the whitepaper, try looking at the rest of it. look at everything satoshi said about the stages of money, and then maybe you'll have some idea of what he was trying to do. and's tweet storm about this whole debate. you can say it is an experiment if you want, that much is true - but the experiment was never about competing with visa or buying your daily coffee. i wouldn't say it has failed, it is doing pretty much exactly what it was intended to.
i'm curious too. that's literally all bch is. politics of the name aside that people get way too emotionally vested in.
> over a small tweak to the code is intentionally making this out to be a small, trivial change. it's fucking not. with the current rate of growth, a single 8tb hdd will be capable (ignoring hardware failure) of storing the entire bitcoin blockchain for over a century to come. the impact of increasing block size on the cost of running a full, unpruned node is not a trivial matter. increasing block size, or frequency, or, worse, both, increases the cost of running a full node, decreasing the number of full nodes, increasing centralization, and actively damaging the network. besides that, bch does not have segwit. which was the update which enabled secondary layers. bch was created by a bunch of pissy miners actively attacking the protocol because they did not want proper scaling. and even if we could have larger blocks without outpacing the falling cost of storage, keeping block size to the minimum required to allow people to use secondary layers is beneficial, because it pushes the cost of running a full node down, to the point where in the not-very-thistant future, you might be able to run a full, unpruned node on a mobile phone. i've already run a pruned one on an android phone with a vm successfully. and increased block sizes impact pruned nodes, too. they either need to increase the storage they use, or keep a shorter tail of blocks. and their bandwidth usage goes up. it you take it to the extreme like that sv shitcoin, plenty of people wouldn't be able to run a *pruned* node with any level of adoption, because of the bandwith issue alone when people are throwing tonnes of worthless data on the chain.
is there anything preventing anonymity with pos?
it is another example of people publishing the most extreme, uncharitable perspective on the issue. like you said, 28,000 times more energy per transaction is still really bad. so why go out of your way to misrepresented the data to look cartoonishly worse than that? when one side of the thiscussion realizes the other side is not speaking in good faith those thiscussions break down. equating one transaction to one block is an example of that.
74,000,000= 27,407 28,000 is waaaay less than 74,000,000
visa transactions are not the settlement layer.
well yeah one upvoted post on reddit doesn’t really provide a basis for an argument though. that’s one person. using btc primarily for transactions is not the best use of it currently though there are situations where that may be untrue. ordering pizza is not one of those situations. i understand people getting excited about crypto being utilized but that’s all it is.
a transaction doesn’t matter. 1 bitcoin transaction could be a batch of millions of stacks transactions. even a stacks transaction could be a batch of millions of other stacks transaction. no matter what you think, bitcoin is the most secure network. consuming more electricity is _good for everyone_ using that network. you should research the tech more instead of just reading headlines trying to cause fear, uncertainty, and doubt. is the energy consumption high right now for the amount of monetary transactions that are actually happening? yes. miners, institutions, and other smart people are forward looking. they see the value not today but in 10-20 years. this is why we have huger corrections. we tend to get ahead of ourselves. but either way you look at it, **we are stull early!**
because you cannot store most clean energy anyways, so clean energy facilities largely run at a defecit. this is what is meant when you hear "bitcoin subsidizes renewable energy" because so much renewable energy is stranded in places where the only profitable model to extract involves using the excess to mine bitcoin - and that excess is often most of it. someday some of this stranded energy will have a greater economic incentive to power conventional use cases, but until then bitcoin is invaluable to set up infrastructure and incentives this 'setting up' in a way that no other resource can.
energy storage sucks ass currently and mining would subsidize low load periods
pos is not nearly as secure as pow
pools and yeah you got it. it will be updated in november. get with the program.
what does the treasury's energy consumption have to do with bitcoin's energy consumption? you are deflecting valid criticism with whataboutism. it's not a good look.
much like my unfinished meals when i was a kid, my unused electricity has no way of being sent to africa, if that is what i wanted to do with it instead of browse reddit.
true but i assume gold mining is not included in the financial system number? that number alone is also higher than bitcoins energy usage. bitcoin still should be run on green energy imo.
if by apocalypse we mean the world has gone to shit and resources are scarce, currency will generally be useful or highly desired consumable items - these include things like food, water, guns, ammunition, cigarettes, alcohol, medicine.
i'd have to hear more, but if there is a valid thiscovery that reduces energy cost while maintaining network resiliency, it will certainly be adopted by btc core devs eventually, and the miners will be financially incentivized to support it.
did you even read my comment? anyone can transact using little power if the value is represented by placeholders sent over a centralized service.
you mean the centralized banking system we’ve been using? go on...
i would say that was bullshit even with them using ious. even tumble dryers en masse use more energy. and you ignored my points.
and gold is just atoms. right?
where's your counter argument, einstein?
ok and where's the bill to forcefully prohibit people from purchasing more than x clothes a year and from eating out every day?
well i’ll say this. i appreciate that you’re concerned about energy use, because i agree, the route we’re on is not sustainable. we waste a lot of energy, which is sad. but at the same time, i am hopeful, because it shouldn’t be hard to become more efficient with the way we use energy. i would ask you to think about how much energy goes into maintaining our current global monetary network. if we flipped the switch and everyone moved to bitcoin, the energy saving would be enormous. not that i think that’s practical to happen overnight, but i’m just getting at the fact that it’s going to take some amount of energy to have money. in the scheme of all options for a global monetary network, bitcoin is quite efficient. and i know you could point me at any number of proof of stake alternatives to bitcoin, but those strike me as inherently unfair. they’re just going to centralize money in the hands of the few, especially if we think in the 50 to 100 year timespans. so i ask the reddit plebs once again: is .5% of all the energy we use in the world, to secure a global financial network that is open to everyone, actually too much energy? if anything, i’m astounded by how efficient that is.
on this she clearly is. indeed, from background she should be a supporter of bitcoin.
far less than shipping gold.
> i personally would rather have dry clothes. you could hang them up? why does not warren advocate us to stop printing books as they can all be digital now?
no worries. not my beliefs but i can see where people who hold those beliefs are coming from.
no, idiot. a leader shows people the way forward, and then leads the way. that is why they are called a leader. what kind of fucking leader follows the pack.
plenty of leaders set an agenda that makes their supporters question their own convictions and then wins them over by showing them the way. obama did that. he was a leader. warren is a worthless follower.
i should back up his non existent arguments? get lost.
these are not "gotchas". has she attacked the military wholesale as a waste of energy? she criticised bitcoin outright. if she went after miners who do not use renewable energy no one would have a problem. she is a hypocrite.
i legit thought that was why reddit was invented.
i would argue it is one of the goals of the military. and the military wouldn't be as bloated as it is if the us was still on the gold standard.
it's not just about trust, it is tied to the economy as well. thats why the biggest economies have the most valuable currencies. if an economy goes down, if there is an economic crisis, the value of the a countries currency will go down as well. fiat money is not backed by gold anymore. bitcoin is not fiat, it is backed by mathematics and cryptography. doesn't rely on economic activities or economic competition.
in terms of function, sure. arguably even superior depending on what metric you use. i do not see how something being more efficient does not make it "greener". if they use like for like energy sources then its clear the one that requires more total energy to perform its function is less "green". of course the source of the energy is also relevant, but it does not mean the efficiency of the action is any less important. even if you were to somehow switch bitcoin mining away from china's predominantly coal powered grid, it would still take many more kwh to perform the same function as existing services in its current state. if you wanted examples of specifically electricity based efficiency improvements; heat pumps over electric boilers for heating. energy efficient light bulbs vs older filiment type bulbs.
that's not fud because these systems are not happening on entirely separate power grids. we do not have crypto island where where all the world's computing crypto is done. due to the efficiency difference it is wildly easier to run current financial transaction with "green energy" then it is most crypto. when you need to build 1000x less energy generation you're getting to the point where the environmental cost of just building and maintaining a huge amount of renewables may actually still be dirtier than building comparatively few coal plants. there are plenty of solutions to bring the energy use down though, which seems far more useful.
you are mixing variables. one variable is how green is the crypto you are using, e.g. pos vs pow. one variable is how green is the energy that you are using. it is a 2x2 matrix. the most environmentally friendly option in that matrix would be pos crypto with some kind of green energy creation (e.g. hydro or solar). the worst environmental option in that matrix would be pow crypto with coal-burning energy creation. my point is that where you get the power and what you use the power for are independent of each other.
the usd began on the gold standard. they could only print money backed by gold. you're talking about adopting a new standard going forward - pegging the usd to btc. i'm asking you how that works. if you do not know, do not send me off to research things i already know about. just say you do not know and you're talking out your ass.
times aren’t tough for me, to be honest. so i will take it as an insult and use it to curb my arrogance. thank you. 🙏
wait, what do you mean? you seem smart and cool and i think of you as a friend. why else would you keep replying to my post?
yeah i agree with that. ❤️
bitcoin isn’t “backed” by dollar value. it’s traded in hundreds of different currencies. it can be quantified in dollars or any other currencies. by the way, no one serious is suggesting that bitcoin will replace the dollar.
r. they are closed-minded to other cryptos.
thanks for staking one for the team?
haha as if this isn’t an echo chamber. you just found echoes you like
had one of them literally tell me that eth was shit coin...
i'm not op, nor am i looking to thisagree with you outright, but right away i want to jump on the fact that gold may be a poor example. gold has enormous practical use as a material. if we suddenly found an island made out of it, and somehow integrated that into the economy (step1: gold island; step 3: profit!), then its mechanical and material property value may outstrip its ability to otherwise stably store value. bitcoin as an entity unto itself has no intrinsic value, and simply cannot exist in as many... i dunno- call 'em 'domains of value'. again, i do not want to thiscount your argument about value and energy waste, but gold is just too damn fancy to make a clean analogy.
funny how you got downvoted, it is the trend whenever someone mentions algorand on this subreddit...
it's two years old and the team is already working with governments, central banks and authorities. it's still pretty centralized by necessity at the moment. the development team i do not know what you mean because they have got a aaa team... for the age of the project it is extremely advanced.
that's why i'm bullish on algo
i used it as an example but i agree there are others
i actually learned a bout it recently. though it would be cool to have some massive mining farms contribute to various research too
why are you typing it like this? just type what you are trying to say.
such a brave monkey.
what beef does this subreddit has with kebabnono?
it's human nature to err on the side of caution. all these scalable alternatives are 'safe' until one day they are not. this sub loves to argue over technicals and questionable statistics but what about scalability from a social? all these alts appear as inthistinguishable nonsense or get rich quick schemes to 99.9% of the population (independently of whether they actually are or not). a bitcoin strength often overseen is the conditions under which it was launched (post crisis, unknown creator, etc). of course, these cannot be quantified into charts and statistics so people tend to ignore them, but they play an undeniable role in probability of mass adoption.
but even the store of value does not work if you look closely. bitcoins security guarantees are going to undergo significant changes as block rewards drop and the network relies on transaction fees more and more. nobody has run a blockchain off transaction fees before and it carries a number of risks.
the argument that bitcoin is a "store of value" has been so transparently bad to me. i hear it everywhere. but the only reason it is been a "store of value" is because people had visions of it being a world currency. if it cannot accomplish that with it is limitations, it no longer will be a store of value.
this is the cognitive thissonance of this sub. just a bunch of crypto hipsters.
> you might be able to run a full, unpruned node on a mobile phone. if you are transacting off chain anyway, why would you want to run a full node? especially if you trying to transaction on lightning, you wouldn't want to use a phone node as a hardware crash could cause your money to be lost.
pos creates consensus by slashing the stake owned by an entity which is expressing malicious behavior. this means that in order for pos to work, the amount of coin owned by an entity needs to be public (how much is slashed). not only the amount needs to be public, but will also be linked to an pseudoidentity (because pos needs to know who is being slashed). monero obfuscates senders properly and hides the amounts, recipients and even the transaction broadcast ip address. edit: oh and an important point i sometimes forget: pos requires you to buy the coins from someone, meaning that some people may have to use kyc methods because others are not available. pow enables anybody to get coins completely without third parties (ok, maybe the mining pool if you are not solo mining). but i still think my point stands.
okay, so you can make 28000 transactions with visa instead of one with btc. it's still not exactly good.
the 741 kwh is the current cost. you cannot justify this inefficiency. 741kwh for *one* payment is atrocious.
and proof of work benefits those who have the most startup capital. ultimately the venture capitalists will take over decisions because they will have the most coin.
same with bitcoin. energy and miners cost lots of money
i thisagree with this theology completely. while yes, pos trends towards accumulation, you need to be conscious of the time scale where it becomes a problem. if you arent aware, the universe converges on 0 too, does that make all of our efforts now useless? thats a philosophical debate, but a scaled model of our decision here with pos. my point is, of eth is sufficiently decentralized at the start of eth2.0 (which it is), the convergence rate at which your null case exists is so far out that it can be ignored in the medium term. if it takes hundreds of years to have hedge funds in control of development, my assumption is that a new network will be developed in that time — and the builders will migrate leaving these central powers holding the bag. much like what is happening in the world today, as is. a solution doesnt have to be infallable at onset to be valuable. it just needs to raise the bar and inspire future iterative development. bitcoin on the other hand, is not a good form of currency, lacks the ability to create programmable logic, and is a huge energy hog. its time to move on and learn from the results of our prior experiment.
> proof of stake rewards those who have the most already. ultimately it will lead to hedge funds taking over all development decisions in crypto because they have the most voting power. basically like our legacy financial system. pos is a security mechanism, not governance. it also incentivizes decisions that are good for the value of the coin because their own investments are on the line also as others have mentioned, pow is already controlled by big money > yes, pow requires lots of energy. but it is also extremely competitive which means miners look for the cheapest sources of energy. which is either renewables or stranded energy. not always, especially given the inconsistency and variability of those sources.
in proof of work systems the more money a miner has for capital outlay the more profitable they are eg build a data centre and get cheap electricity in bulk. this actually restricts individual miner profitability margins, and leads to large players taking over the hash rate. pow therfore slightly trends towards centralisation. in dpos 1 coin is one vote always, the influence you can have on governance is even no matter how much you invest. dpos chains also leverage the participation of their holders to increase decentralisation. as an example with icon stakers earn 75%+ of network rewards, whilst miners take a smaller cut than on pow chains. shifting the token economic reward structure to increase decentralisation-win.
okay, let us start over. i'm actually in agreement with you. i was saying, when people like warren and musk talk about how wasteful btc is, when producing money is very wasteful and inefficient, is a dumb argument. i'm quite sorry i was not clear. yeesh this got way off thread unintentionally.
in the same vein, most of the stranded and renewable energy that bitcoin makes use of cannot be sent elsewhere. they are essentially wasted without bitcoin mining.
see below. i'm actually not thisagreeing lol i'm sorry if i was not clear. i do not want to be redundant but if you care to look below i cleared myself up.
why would gold mining be included in that number? pretty much all currencies ate fiat now so gold mining does not impact the supply of money or its transactions.
>people do not want to live in these areas that is why the energy is cheap i'm trying to figure out what you mean by this. china mines what, about 75% of bitcoin? electricity is cheap in china because they use a ton of coal. hydro dams are limited by water inflows, so it is safe to say that if electricity demand grows because of bitcoin, most of that incremental growth is going to come from non-hydro sources (as hydro is already presumably fully utilized to meet current, non-bitcoin demand), aka coal. demand growth is a big reason why utilities have to build new generation capacity. if china's electricity demand was projected to grow at 5% annually without bitcoin mining, and now it is projected to grow at 5.5% annually with bitcoin mining, that translates to dozens of new coal or natural gas plants or solar+storage plants that need to be built, *solely to mine bitcoin*. without bitcoin's energy consumption, none of those plants would need to be built. pro tip: when trying to fight climate change, decreasing energy use is the first tool we should reach for. the cheapest mwh is the one you never have to generate.
do you know what a bank is? that power figure i shared *includes physical branches* which hold real assets that definitely are not just "ious".
when i get my iou from visa or a bank, it pays my mortgage and buys me bread. the functional difference between the "actual asset" and an "iou" (which you claim fiat is) is immaterial.
'tis true. the total electricity currently used by bitcoin could only dry abou two loads of laundry, per year, for every human being.
afaiac, gold is kinda pretty and makes a good electrical conductor.
what the fuck does that have to do with anything
>on this she clearly is. why? she has consistently called for co2 reductions, in the broad economy and in the military. criticizing the energy consumption of the bitcoin network is not hypocritical.
yeah maybe but it still doesn’t change the fact that in a world where pos exists, pow uses a bucket load of energy. sure, so does gold but you can at least argue there are practical applications for gold which cannot be met by anything else. i think my point is being missed. ton’s of things waste energy, many people who complain are thisingenuous and have an agenda, but btc still uses crazy amounts of energy compared to the value it secures
replace leader with tyrant and you’ve got your person. oh you’re an asshole and stupid.
here you go love! criticizing jp morgan's power as a bank.
that's not what a hypocrite is. you have not pointed out any hypocrisy.
what if downvotes…are the real upvotes???
economic stability maybe- propping up the dollar? i don’t think so. most countries weaken their currency to increase exports. in my opinion the reason the dollar is the worlds reserve currency is that the us was was relatively unscathed after wwii (compared to other countries), and the bretton woods agreement that resulted in 44 countries tying their currency to the us dollar. that may have ended in the 70s, but large changes require significant benefits to get traction. the gold standard isn’t a silver bullet, and there’s nothing to prevent inflation(doubt it would still cost ).
the us military has many goals. securing the us dollar can arguably be a consequential affect of said goals (securing us financial.) you might just be playing a game of "six degrees from whatever" at that point though.
that’s not true. by this logic the chinese yuan should be at least the second most valuable currency in the world, and bitcoin should be worth almost nothing. our economy is at a high, but our dollars decreased in value (5% in may).
that makes them efficient, not green, which specifically refers to the origin of the energy they consume. again: a tesla powered by coal is not "greener" than an old inefficient electric prototype from the 90's, if you power the latter with wind or solar.
you did not even touch my argument. stop going on tangents: btc mining powered by 100% renewables is greener than coal-powered pos. this is by definition, regardless of whatever tangents you want to go on.
precisely when you conflate efficiency and greennes you mix variables. you can have dirty pos that burns coal and oil, and clean pow on a powergrid using wind and solar. non-greenness is not intrinsic to pow, just as grenness is not intrinsic to pos. if you want to thiscuss efficiency call it like that. don't spread green fud.
yeah we need impartiality in many areas. it would def be a better worls
being pegged to gold would be the same as being pegged to bitcoin. the us treasury would have a wallet that the whole world knows and in it they, us, would have (for example) 1 million bitcoin. then, all they can do like we will have 1,000,000 usd for 1 bitcoin and then 1 million x 1 million would be 1 time 10 to the 12 power million. essentially, all the money they can have. their cap. their limit. a trillion has 9 zeros...we’d br rich
figured you'd put it in your novel while you're playing fortnite.
all of those currencies are based on the value of the dollar if you don’t even know that your in some murkey waters. if bitcoin doesn’t replace the dollar you whole point is moot because we would need both the banking system and bitcoin. making it perfectly valid to question wasting power on bitcoin.
and r don’t you dare speak positively about cardano there...
well this sub mostly bashes btc in favor of some altcoin.
i hold both. pos is nothing more than a pyramid scheme until they provide actual utility. it asserts that someone has value because it is backed by more of that same thing. i think etherium has a good chance to eventually provide real utility, but pos in itself is a liability to value than a feature. pow confers an immediate baseline of value.
yeah but when i echo this echo chamber i get moons. way better.
the coin-specific subreddits are all quite biased towards their coin and thismissive of others. i find general crypto forums like this one more objective and informative (albeit still somewhat biased towards crypto in general).
yeah, i was not kidding when i said everything else :p
and i'm not sorry...
really? i'm going to post myself saying it into a bathroom mirror three times and see if the downvoting boogie man pays me a visit.
i mean the number of teams. also, the network for eth is so large that it is really at what some might call escape velocity. there will be room for other platforms more than likely, but i do not see anyone anywhere close to catching up to eth in those factors anytime soon.
users aren’t allowed to mention the crypto they’re referring to in r
because if you do not run a full node, you have to trust somebody else's node to inform your lightning wallet. it's really no different to transacting on-chain in this regard. i wonder whether people missing this point comes to some confusion about how lightning works? you should run a full node if you transact in bitcoin, period. secondary layers are still transacting in bitcoin. it still relies on the state of the main chain, you just do not need to write every transaction to the main chain. if you do not run a node, you have to trust somebody else. this is always true. it's also the *actual* consensus mechanism of pow, and while running a pruned node will give you all the personal benefits of an unpruned one, unpruned nodes are necessary to keep the network alive too (because they are the source for the blockchain for new, sleepy or corrupted nodes), so if you _can_ run an unpruned node, you should. it's self-preservation for anyone who holds bitcoin (and i suppose anyone holding any cryptocurrency which uses nodes). > especially if you trying to transaction on lightning, you wouldn't want to use a phone node as a hardware crash could cause your money to be lost. only if you do not back shit up, which is just as easy to do on a mobile phone as on a computer. really no additional risk here vs a pc, and the ln overhaul in the pipeline also completely removes this risk.
oh no, that really hurts my feelings. the moment a better solution comes around, i'll change my tune. but there is no better solution at the moment. got any actual counterarguments to the above? it's fucking *astonishing* to me that altcoiners try to claim they support alts because of apparent technical superiority, but cannot argue on the technical details to save their lives (speaking generally here; i've argued with more sensible altcoiners before, but in my experience, and it is entirely possible i'm just unlucky, this holds true). if you want to invest in an inferior asset, go right ahead, be my guest. doesn't affect me. you might even make some awesome short-term gains, and that is great. more power to you. but do not spout bullshit. you do not understand the basics.
i think zcash privacy implementation can be made into pos (suppose for now that all txs are shielded and there are no open transactions, which i think we can agree is a clear oversight from the authors of the protocol). say, we decide that a node corresponds to the coin of value at least n (so, you could think of such coins as of nfts which give 1 vote). there will be a special "activation" transaction, which will mint an "active" coin, and only usable if the minter proves that the coin consumed was of value >= n. amount of currently active coins = active virtual nodes will be public, indeed, but they would not be linkable with any other transactions. in case of misbehavior these coins are the ones that are being slashed, so you do not really need to know who is being slashed (it is the coin which is a wrong block proposer)... i do not really agree with the argument in the edit, while in principle correct, actually most people get money not from mining, but from exchanging goods and services (it is what actually makes money useful as money). edit: you can even create a system when you take the % from the stake into the separate "box" which can be emptied by normal transactions. that way, nobody can see how much do you gain and do you re-stake or spend...
i’m more just pointing out how ridiculous it is saying that a 2700x difference in a number “isn’t that much better” i don’t know enough about bitcoin
you still aren’t getting it. a bitcoin transaction id doesn’t necessarily correlate to a single bitcoin transaction
exactly this. pow mining trends towards centralisation because of efficiencies of capital outlay. dpos systems like icon are great imo (post decentralisation ofc): 1 icx = 1 vote.
yeah but the incentives are different. miners are incentivezed to sell their coins to pay their bills while stakers are incentivized to buy more coins which leads to more centralization of power.
very well argued, thank you. i agree on the utility of bitcoin and frankly think btc maxis are dumb. i’ve seen so much innovation on pos coins it’s mind boggling! but there is also a place for pow coins in my opinion. i own both.
great reply. i think monero does great things, too. you can still mine it with a cpu right now. i also read of other pos algorithms that incentivize decentralization by reducing staking rewards with the size of the stack...
it's fine. sorry if we got off on the wrong foot. i'm still not sure i agree with you on your main point, though. are you saying that because you think producing money is "wasteful and inefficient", we are not allowed to criticize bitcoin's energy consumption? it's like saying that because cows belch methane into the air, we cannot criticize natural gas consumption for electricity. anyway, your statement that >producing money is very wasteful and inefficient is interesting. why do you think it is wasteful? we all use dollars in the us every day. they are used around the world for every day exchanges of goods and services. the entire global economy literally runs on dollars as a reserve currency. how is the production of said dollar "wasteful"? anyway, lots of dollars these days are not even printed. they're generated on a computer screen and sent to banks.
assuming they are located in areas that have stranded assets or that might otherwise curtail their renewable energy. instead, they are being built [in inner mongolia, where a lot of electricity comes from dirty coal]( my understanding is that china has [\~70% of the bitcoin hash rate]( and they generate most of their energy from coal and fossil fuels. but if there are mining rigs going up in areas with renewable energy, that is certainly better than coal, but the fact is that growing bitcoin demand is going to increase the need to build generation facilities. the cheapest, and cleanest, mwh is the one you never have to build.
i'm talking about the money transacted. do you honestly think the actual dollars are being sent between branches? of course not. centralized ledgers are simply updated. naturally that costs very little energy. and it is insured anyway if they fuck up a tx.
> when i get my iou from visa or a bank, it pays my mortgage and buys me bread. huh? at the risk of repeating myself, these are centralized systems using placeholders. period. that will always cost less energy. but even so all the brick and mortar banks, transport, guards, security systems etc. more than cancel it out.
"bitcoin" doesnt use energy. private entrepreneurs decide what they want to do with their money, and under current reckless capitalist rules anyone can do almost whatever the fuck they qant with their money. want to drive a gas guzzling suv? go ahead! want a giant yacht with fuel efficiency described in liters per kilometer rather than the other way around? of course! private jet? no problemo. wanna use an airplane to do a business meeting that could have been done over skype? no problemo. wanna buy fast fashion cheap clothes designed to rip over a few uses combined with a fast fashion cycle, sewn by slaves and shipped around the globe? this way sir! want to destroy your surplus production of clothes so that they don't fall in the "wrong" hands (=sold for cheaper at poorer people)? well it is your property,your business ,of course you can do that. then you turn around and tell btc farms that they cannot do whatever the fuck they want with their money to have run their business? it's just a ludicrous double standard with obvious aims.
has she criticised the military's energy usage in relation to its defence of the dollar?
this dude is a fount of whataboutism. he refuses to thiscuss bitcoin's energy usage; he told me that he is perfectly content with the way it is right and that nothing needs to change. he has thrown out more red herrings than a man caught cheating. all he can talk about is *other* things that consume energy. don't waste your time.
pos leads to centralisation. the large holders call the shots. it's basically what we have already. >sure, so does gold but you can at least argue there are practical applications for gold which cannot be met by anything else. i'm just comparing it monetarily to bitcoin. >but btc still uses crazy amounts of energy compared to the value it secures then it should be worth more. it costs crazy amounts of energy to hack it.
that's equivalent to her criticising some miners for not using renewable energy. the problem is she attacked bitcoin outright.
turn your phone upside down.
the rmb is one of the most valuable currencies in the world. it's not the whole picture, but the value of a currency is dependent on gdp. that is why the us protects their oil interests in the middle east. to protect the us dollar. i cannot believe that you are thisputing this point. that the economic activities of the us are related to the us dollar.
"green" does not really have a specific definition like that. its basically a marketing term. feel free to link to a definition which specifically defines it as being based on the origin of the energy used in a product. what word you use is irrelevant anyways. until the world is entirely powered by renewable(spoiler, not going to be soon), the efficiency of something is highly important in defining its impact on the environment. even when the world is powered purely by renewables, something requiring twice as much energy means it needs twice as many wind turbines, twice as many solar panels. building a wind turbine or solar panel has its own associated environmental impact. efficiency will always be an important factor.
i did address that directly. it possibly is not. the difference is that huge.
i am guessing you are not an economist? i do not feel like you've thought through all the implications of what you are suggesting. most economists agree that going back on the gold standard would be absolutely devastating to the global economy.
finally something we can agree on. i don’t know you well enough to make you a lead character but definitely a supporting role in my next book. cheers! 😘
kinda risky to speak positively about cardano in this sub too lol
in general is best not to generalize but do not listen to anyone
yeah, that is ruined this sub. it was fun at first but all the good thiscussion went away
they cannot admit bitcoin was just the first shitcoin to market
people were saying the same thing back when eth was released but about bitcoin ;) we had our fair share of forks including shit coins back in the early 2010s!
if you transact on lightning through your phone, you risk losing your coins to a hardware failure though. you would want that node on a server with a raid array at the least for redundancy. most people are transacting off-chain anyway through exchanges and entities like wirex, so have no need for a node anyway.
bitcoin has a 10 minute block time, you call that technically superior? there's pos coins out there with 6 second finality. there's no waiting around for confirmation there. if i want anonymity, xmr fully masks my identity. 2 min blocktime with an adaptive blocksize. despite needing 10 confirmations for finality, that is still 3 times faster than btc. now onto pos vs pow, you realise pow just incentives mining blocks, it prevents malicious behaviour through the difficulty of pulling of a 51% attack. pos on the otherhand actually thisincentivises malicious behaviour, your stake is slashed if you act poorly. stakers can redelegate their stake if they do not trust their validatiors. they also get the chance to vote on governance issues. >it's fucking astonishing to me that altcoiners try to claim they support alts because of apparent technical superiority, but cannot argue on the technical details to save their lives. sure buddy.
there is on average 1700 transactions per block. each of those transactions uses 741 kwh.
miners also accumulate coins. and sure they sell their coins to get more miners which is more centralization too.
i think a big difference is that in pow it becomes increasingly difficult to become a profitable miner, up to the point of being borderline impossible. in pos even 50. both lead to centralization of some kind, but i've of those is still accessible to the everyday man.
no i'm not saying you guys cannot. not at all. i simply meant for a politician or a businessman to all of a sudden act concerned about btcs environmental impact, when it costs alot of energy to produce physical money as well, seems silly to me. and really any resource. of course we should be concerned about btc energy and look for ways to make crytpo more viable moving forward. but coming from them it just rings false, and sometimes i feel like the timing of their statements are suspect, as well. we really went down the rabbit hole here and that is on me for not being clear.
>instead, they are being built in inner mongolia, where a lot of electricity comes from dirty coal. my understanding is that china has \~70% of the bitcoin hash rate, and they generate most of their energy from coal and fossil fuels. mining is not "built." bitcoin mining is a very mobile activity. the miners mine in inner mongolia during the dry season. then in the rainy season they move to sichuan, which has hydro power and produces excess because of the rain. by the way, inner mongolia is kind of unfriendly towards miners and heavy users of electricity because they use coal. the chinese government is trying to reduce its dependence on coal.
bitcoin is just a decentralized ledger, so by your logic assets are not being transacted that way either
as i said, it is not hypocritical or a double standard to criticize btc if you also advocate for a reduction in co2 emissions, more evs on the street, etc etc etc, as warren has done. you singling out clothes and restaurants are a red herring. clothing manufacturing and food preparation would emit less emissions if the entire economy was extremely low carbon, as warren has pushed for. bitcoin mining uses energy. without bitcoin mining, there is no bitcoin network. can't believe i have to say that.
she has called for the military to reduce energy consumption overall. you keep moving the goal posts. if i found a video of her saying exactly that, you'd ask, "but has she criticized defense contractors' use of electricity in support of the military's footprint in defense of the dollar?" this is boring.
yeh she did so that. she criticized a country for using it, when she knows it will take up precious energy. if the world was 100% green it would be another story.
i’m sorry. i simply do not understand your argument. there are lots of reasons the us is in the middle east, but almost all of them are political. i believe the primary reasons are to support strategic allies in the region, and to maintain global stability which looks a lot like maintaining the status quo while trying not to cause wwiii. the reason we’re there in the first place is the strategic importance of the region as a hub for europe, africa, and asia. there are a lot of companies that benefit from a strong us dollar, but just as many would benefit from a weak us dollar, especially us oil, and gas. a weak dollar would make us oil, more competitive globally- and we have a lot. manufacturing would also benefit from a weaker dollar, and our exports would increase. the government does take action to help stabilize the economy which results in a stable dollar, but that’s mostly limited to the fed, and congress (who normally does what the fed says), and a few other agencies. the military doesn’t at all, unless you believe the military providing security for the us and protecting us interests is all just to protect the value of a dollar. regardless bitcoin uses a lot of power, but that was the trade off made to enable decentralized trust. compared to current currencies it’s terribly inefficient, but it’s not controlled by a single government or company (except for implicitly when said entity can control your internet access). it’s entirely possible that you have more economics knowledge than i do, and maybe i’m oversimplifying everything. either way i’ve enjoyed the thiscussion,
congrats on being unable to engage the issue no matter how hard it stares you in the face
speaking about anything outside of btc and eth in this sub will get you harpooned.
what's your take on cardano vs solana? seems to me that of the "eth" killers, solana seems like the best bet. would be curious to hear your opinion.
the nihilism in this statement is gross
> if you transact on lightning through your phone, you risk losing your coins to a hardware failure though. you would want that node on a server with a raid array at the least for redundancy. i did edit in a response to this after you edited in this point, but will re-state. 1. you can just as easily backup your node's state on a mobile phone as you can on a pc. 2. the lightning overhaul in the works removes penalization entirely. > most people are transacting off-chain anyway through exchanges and entities like wirex, so have no need for a node anyway. not sure how true this is, but if you want non-custodial, you should be running your own node. doesn't matter whether you're on-chain, or on secondary layers. if you're non-custodial, you should run a node. if you're custodial, the benefits of running a node are certainly lessened, but you're still supporting the network your money is tied up in. there's still reason to run a node. just... if you're going to run a node, you might as well get out of custody too.
> bitcoin has a 10 minute block time, you call that technically superior? there's pos coins out there with 6 second finality. there's no waiting around for confirmation there. this shows your complete lack of understanding of how blockchains work, jesus fucking christ. that 10 minute block time is not accidental. it's not some limitation. it's a very conscious choice, because shorter block times are fucking stupid. and you can get literally instantaneous finality on the lightning network, because it has the solid foundation that 'slow' and 'inefficient' main chain provides. it's security. > despite needing 10 confirmations for finality, that is still 3 times faster than btc. it's the illusion of finality. it takes more work to undo a bitcoin transaction with a single confirmation than it does to undo a monero transaction with 10. you obviously have no understanding of how finality actually works on blockchain ledgers. confirmations are meaningless, the work applied on top of your transaction is what matters. confirmations are just a unit of that which scales with the work per block on that network. > pos on the otherhand actually thisincentivises malicious behaviour, your stake is slashed if you act poorly. stakers can redelegate their stake if they do not trust their validatiors. they also get the chance to vote on governance issues. false. pos is centralization over time by design. vitalik himself even admitted that pos would allow his foundation to maintain control over eth. it's an objectively shit system if you want to maintain decentralization. which raises the question: why the fuck would anybody use pos over even *fiat* systems? you end up in the same place, where a small number of wealthy people have control over the monetary network. not to mention the danger staking brings. the byzantine generals problem still applies, and it is not that difficult to trick people into accidentally 'attacking' the network and losing coins. which is why ln, where there is not even any incentive to perform this attack besides fucking people over (as opposed to directly screwing over staking competitors), is being completely overhauled to remove penalties. they are a fucking awful mechanism. > sure buddy. you say this, but you're proving me right, lmao.
there's a solid chance i, as a zoomer, am younger than you, but ok, lol.
1 of those “transactions”, may be a bundle of millions of transactions
it's nothing compared to proof of stake though. there is 0 incentive to sell your coins in pos, because selling your coins means you lose out on future rewards.
asics need to be replaced, workers hired, rent payed and enough cash be ready for the bear market. miners do not accumulate as much as you think. however entities accumulating a huge stack to influence voting is real and happening before our very eyes: [ i do not say pow is perfect, but in that regard it has some advantages over pos.
elizabeth warren has consistently supported broad, economy-wide efforts to reduce co2 emissions. she has drafted bills to get [corporations to thisclose their co2 emissions and climate risk]( and to [reduce the military's enormous energy consumption]( her concern about bitcoin mining electricity consumption is wholly consistent with her past policies and positions.
yeah, thanks for pointing that out, i saw that the cambridge report does thiscuss the fact that some mining operations move around. i've seen some of the giant operations though, it looks like a data center. that's what i meant by "built". i'm glad to hear they take advantage of renewable energy sources when they can, and i know china is trying to reduce its dependence on coal. it's still a lot of electricity, and it does not all come from otherwise wasted electricity. look, i'm a supporter of bitcoin. i own a little bit. i hope it goes well over the next 5-10 years. but i thisagree with people that simply thismiss or ignore the concerns around bitcoin mining's energy consumption. i think that ignoring shit like that is how things stagnate, or perform poorly.
because i used the word ledger? you can do better than that. the actual asset or keys are being sent incredibly securely.
reported and blocked for obnoxious personal attack.
warren has advocated for dictating how much each business can consume? you sure? they would've hanged her, and she is nowhere near that much left wing. clothing manufacturing would emit less emissions if it produced quality clothes that didnt have planned obsolence by spending 0.15, and if it shrunk since there is no need to buy so many clothes. so if i can drive an suv and a yacht and burn the world with the consequence of my money, why cannot i mine btc with my money consuming energy?
and it is not the same thing. it would be like her criticising certain miners for not using renewable energy instead of going after bitcoin wholesale. your defence of her patent fud (in the true sense of the term for once) is misguided.
since a mining farm can be anywhere bitcoin can use energy that would otherwise go unused. she is full of shit.
you do not understand that the us dollar is connected to us economic activities???? youre being deliberately obtuse
lmfao you thisagree with me because i easily poked holes in your crackpot theory of tying the usd to btc. you call me crazy. you make me laugh :)
thank you. this conversation has changed me. heading over to coinbase to sell my bitcoin at 8,000% profit now that i know i can’t use it to buy food. 😂😂😂
sell your boyfriend and buy more crypto
puts on the relationship
moral of the story: dyor, have a strategy, be thisciplined and unemotional. add to what you're doing: do not ever stop learning and keep your successes quiet.
how is that possible? if you started investing in april, you had max 12 weeks * 25 dollars which equals 300 dollar. even if we keep the price of bitcoin stable for your investment how little did your boyfriend put into bitcoin in comparison to his other coins in order for you to surpass him? you were talking of thousands of dollars that he spent so he cannot have put more than 600 dollars into bitcoin as he cannot have lost more than 50% of value even if he bought at 65k. i mean cool for you, but it is weird nonetheless.
you crypto people are fucking weird.
> >owns one bitcoin
that's why dca is so much better. you're not subjected to the whims of the market. all your boyfriend can do now is hold 🤣
this is the dumbest most made-up shit i have ever glanced over. why you got so many up-votes and awards baffles and terrifies me. what in the fuck? who is reading this and having a wonderful experience doing so? i'll bet my fucking salary you're not even a chick.
does add up at all. says he started investing on crypto around december in thousands and she barely started investing with dca of 25 dollars and she has more coins than him. totally a made up story. i started late january and i’m still up through this near market. no way would a dec 2020 investor be down yet. on some of her replies she changed it to 500.
lol you dont have to put 24f on the r😂
fake cringe for sure. proof.
if he put 'thousands' in in december, his btc would be worth roughly double today. you put (the absolute peak). your . his 'several thousands worth' are worth double how exactly is your btc worth more than his? serious question
crypto is becoming so big that r. you said your bf has been investing since 2020 in large amounts. and you've dcaed 25 dollars weekly since april so thats about 300 dollars (12 weeks so far) how is your btc worth more than his? what has he invested like 5. this story does not make much sense
nothing more important to a healthy relationship then separate wallets
this makes no sense, even if he put some money down on shit coins - you said he invested large sums? define large sums because even if he dropped a couple of grand on btc back in dec, he’ll be comfortable if he’s holding even with losses in doge etc , you put ? btc was around 24k in dec , even now he’s sitting on profits compared to your , wtf is this weird bs post
cool story, imagine if it was true.
nah (no asses here), an investment is still an investment, it might not come in monetary gains but experience too!
this post is fake. the math does not add up
nice! you have done the right thing. in the end it is your money and you had the better strategy - unless you are married, than you have to split 😁 good luck with your investment 💯
how do people actually upvote these complete bullshit stories? blows my mind.
what's the point of making up fake stories?
i hereby announce you a certified bad bitch.
competition and scorekeeping destroys relationships. you're young, and you'll learn that soon enough.
calling yourself a bad bitch is the female equvilant of calling your self an alpha male. good work on the coins, but damn, dial that cringe back and do not compair yourself to your significant other, it is not a competition.
your husband must be proud.
how this shit have 12k upvotes
my wifes boyfriend did the same thing
this is a very strange post.
lol my husband and i did some thing similar…. we each started with - mine tripled while his sat there….😄🥳😎👍 nice work
do you even like each other? 😂
the most impressive part is "then came the "crash" that i was completely prepared for and mentally ready to see". congrats for not falling for anxiety, i'd say everyone somehow gets thistressed at the first loss.
>edit: for you weirdos saying i'm in a toxic relationship ... have a drink a competitive relationship is not a toxic relationship.
he put in a large sum in december and your ? you're either talking out your ass or do not know what constitutes a "large sum"
post screams lies and “look at me!”
wtf is this shit seriously? none of this story makes any sense and even if it did who gives a shit. on to how this makes no sense, you started buying btc in april 2020 and put in . ok i follow, decent strategy. your boyfriend was swing trading doge, btc, bch etc, all which have blown up since the dec 2020 and reached insane new heights even counting the crash. ok, he still should be up a lot of money, this is where i am completely lost. somehow your one btc is worth more than the thousands he pumped into it over a year cause you started "with 1 ?" and he has "10-15"? my head hurts. if he pumped thousands into multiple times, he would still up way more than you and your . unless he was swing trading really bad or using 100 times leverage he would still be way up with 10 or 15 btc. i have no idea but i think you are trying to say your bf sucks at trading crypto and you made a couple of hundred dollars and feel like a bad bitch lol
sounds ridiculous and the math does not add up. the amounts involved are so small lol
fk off with your fake ass moonfarming story disgusting
this is horseshit. there's no way your piddly deposits are worth more than his large jump sums given the narrow time frame.
crypto trading is a form of gambling. there i said it... now to watch the down votes
>edit: for you weirdos saying i'm in a toxic relationship ... have a drink the whole point of this post is toxic
you sound full of yourself. good luck gambling on btc; it’s no better than gambling on any other coin. the market is highly manipulated and volatile. the only functionality of btc is to sell for fiat as a “store of value”, see how far that goes without crashing.
good on you. i too do about 20. works great during a market decline
awesome! you go, crypto lady! the world needs more stories like that!
hats off to you dear. you did your own research and dcaed unto the path of greatness
i'm like your boyfriend. i only get excited about crypto when it is in the news, and when it is crashing i get depressed eventually and stop looking at it.
> for you weirdos saying i'm in a toxic relationship ... have a drink hah, ironic
either this is fake, or your account is really small and if that is the case why the huge post for being up like 20 bucks ? lol
sooo, you did all that just to be "better" than your boyfriend???? ' sounds like your an amazing human to be with. enjoy the single life.
he sounds like he is targeting something else other than btc, tbh. or rather targeting something more than pure accumulation of coins. dca in a. bull market in the coin with the biggest market capitalization is utter lunacy. i would rather do what he is doing albeit with a better plan in mind. also...it is a relationship and not a competition, this could have been worded any other way but it seems like you feel superior due to your choices. please do not. i do not think you're in a toxic relationship but it may become one especially if he ever sees a post like this and takes it the wrong way. good luck and congrats on accumulation of the crypto you desired. :)
yea if we both bought the same instrument but i invested ,000 to your ,000 of course i am going to lose more when it tanks. not sure what you’re proud of lol. your bf clearly risked more than he was willing to afford if he’s all pissy now.
i'm pretty sure i've seen a similar story--is it some weird copypasta?
sounds like you need a husband for your boyfriend.
investing a fix amount of time every week. the issue with traditional market is, that this does not work for "poor" people as usually the minimum fee is so high investing anything less than around 10k per action is usually not worth it. unless your bank offer a "mutual fund savings plan" (that is what my translator says, do not know the english word).
damn the op sure seems get super defensive and upset at anyone questioning the whole thing
this is completely made up.
out of all the things that did not happen, this did not happen the most .
why are you guys buying in high times? waiting for times like now-next year are better, and it will go up in a few years again.
and the student becomes the teacher. seriously that is a healthy relationship you got there, a bit of competition do not hurt.
last thing i’d tolerate after losing tens of thousand in a few weeks? my wife with a . that being said, it was probably well deserved in this scenario after he was patronizing when shitcoins rocketlaunched. i’d still flick you in the nuts though, just sayin.
you are a very toxic person
how? he should still be up tremendously from december. either he got rugged or „a large sum“ was just a couple hundred bucks
lol, nice try moon farming dude. (you guys will fall for anything. )
it's weird that you are so gleeful about your boyfriend losing money and "winning" from him.
the fact that men get stereotyped as the calm and logical gender is astounding when you read all the moonboy posts and hear about dudes shitting on dca. sounds like you did not let the exuberance of the bull run sweep you up like it did your bf. now hopefully you can convince him to hodl instead of panic sell! great to hear about women in crypto. the crypto space is super misogynistic and could benefit from more female voices. love to see it!
i thought i'd stumbled across an r
what is wrong with you?
the fact that you refer to yourself as a "bad b*tch" means that you are in fact not one, regardless of crypto. fucking loser
congratulations. your relationship is dysfunctional and you do not respect your man, nor does he respect you, but hey you've got cybercurrency
dollar coast averaging will always put you ahead of emotional traders 🚀🚀🚀
this will be a continuing theme in your life
my boyfriend is still nervous about it all. i am taking a similar approach to you. can't wait to surprise him in a few months. :) i try to not talk about it much with him.
dca has always been the best strategy to accumulate and profit in crypto.
that is awesome! way to dca!
this has always been a bit of a mystery to me... but where do you buy crypto?
now you’ll have more moons than him too
gotta love this. shxt talk your partner to strangers and receive awards.
his advice was not necessarily bad, it just depends on timing. i know several people with doge that bought in at .05 and sold between .45-.50
atleast he didn’t sell?
dude...just support your boyfriend.
got my wife into crypto (amp) and i tried to get her to buy some and invest when it was .02 cents right now it is at around .06 cents but recently shot up to .12 cents then corrected it is self which is fine because i knew it was coming but she bought in around .05 cents so she is ok. i tell her just to put little by little each check and ever look at it. i'll do the researching and you'll do the savings i tell her lol
yaay shit on bf day
it does not have to be a competition. how about try to lift him up talk him into what you're doing. bounce ideas off each other help him get money so you both are doing well. team work makes the dream work.
if there’s one thing i’ve learned about crypto over the years, if everyone is talking about crypto then it’s not the best time to be buying crypto. buy it when no one cares because then it means it’s all on a fire sale
you definitely was wise in this situation for a person who did not have much knowledge about trading. anything can crash. there is no such thing which can be called as certain. that's why it is good to invest what you can afford to lose. risk is proportional to profits. yet , if you do not play it safe, there is a huge chance to lose in the game. tell him to not sell with a loss. atleast wait until the value of the coins to gain the value of them when he invested.
but i assume his overall amount is why higher, because getting into in dec of last year. he should be up a fuck ton. even after this crash
this is not a toxic relationship, but i hope you two can swallow your egos (mostly he) and both make good money. it doesn’t matter who knows the truth, we just gotta accept it and then them for spreading it.
math does not add up. , assuming she started first week of april. bitcoin crashed hard in may, so it’s safe to say she has less than . his boyfriend invested thousands in december. even if the price of crypto went down, it’s nowhere near the price levels in december. i’m calling bs.
does this seem like one big ad for crypto.com??
bitcoin cash ain’t that bad
diversify a bit but not like your bf. you are on your way to big monies.
the dominance of the market is still under50% and some months ago it was around 66%. it's good your bf did not invest more in btc or he would be even worse. ps: bitcoin maximilaxim looks so much a joke on me. the coin cannot be used by more than just the 0.1% population. 200k transactions a day maximum is just too low for being a global something. it will take time but eventually bitcoin will not be coin and then, the reserve of value narrative will start to fade out...
you posting this says volumes, yall should work together. rh isnt for crypto. that was bad for yall’s future
i think both of you can have diff methods but should not compete with each other about this.
oh god, she is talking about her boyfriend. ban.
coming out on top usually means bucking human psychology. no one wants to throw more money down the hole when they’ve already lost a ton. i said f crypto in 18 after i lost 90% of my portfolios value. if i had just kept investing when everyone else was bearish i would’ve been swimming in gains
keep it up girl and you will have a nice bag at the end of the bull run. eth, xrp, ada, matic, vet
you took the better road to lambo. proud of you. i guess you can confidently call yourself a crypto investor. also try to teach your boyfriend how to become an investor. it pays.
that's awesome! i got my girlfriend to invest a little bit and she is smart and just does not look at it. i watch the charts way too often.
you put in a few hundred and he put in a few thousand? i know the market is down, but it am not down that much, dang. he must have bought some bad coins...
"trading" = losing money in the long term for the 99.9% of people especially for people that do not know what they are doing.
y’all simps 😆 considered as any ordinary self-story, nothing extraordinary , but just because op is a girl
hi, 'turns you on 22'. at this point, you can simply find a way to casually post a wallet address and you'll be rich in a few seconds. this is the kind of shit that gets 10k+ upvotes? the amount of simps on this website, man...
i don’t understand how yours is worth more than his if he started with 10-15 and you started with 1 and only put in . btc has not dropped by more than half its value since its spring peak. was he using margin and got liquidated?
this a moon farm, yes?
if he started in december with a large sum he must still be sitting with more money than you. i started in february , my portfolio is down significantly but i am still in profit. you have invested -400 how can your boyfriend have less money than you? if he invested in btc and doge in december he must be in good profits even now.
dca. strategy vs emotion. sound research. long time horizon. i like where this is going. keep it up.
you dont know 90% of the coins he has invested (looking at his time of investing). but looking at your personality, i dont find a reason why he should not do that.
there is no way your 25 weekly contribution matches his thousands even if he lost 50%.
well, this is just mean. you can’t just be glad youre making money? why turn it into a pissing contest where you’re bragging to strangers at the expense of your partner? im happy for you that youve been lucky so far, but these things have a way of making people (like your bf) think theyve got it all figured out when really it’s more of a crapshoot. in awhile, his may be worth more than yours. will you make another post then? i didny think so
" i watched him tell our friends to buy doge coin " run
bullish on bad bitch coin.
he is the smartest investor cuz he invested in you, sorry but he gets the last laugh...lol.
and this makes you a bad bch?
perhaps not a relationship you want to hodl onto.
this is the fucking way girl!!
you jumped on the latest trend, did a few months of “research” then start acting entitled like you’re an expert. you sound like a wonderful person.
well done for competing with your boyfriend and seeing him losing money as a win for you, classy.
so he invested earlier than you, and apparently i am to believe you have more than him. cute
that's legit some toxic shit tho when y'all have to one up each other or feel inferior to one anothers achievements. you're legit gloating and trying to put your bf down but everyone else is the bad guy? 🤣 some dumb bitch got lucky and wanted the world to know.
really sounds like a shitty boyfriend. a partner who patronizes you for getting into his hobby, because you paid attention to what he was saying and learned from him, is just not that great of a partner.
so basically you simply got in at a good time? what if the crash came 1 month later. you’d be almost as screwed as him
this is not .
hey bad bitch...you got this.
so there is been like what 14 wks since april. 25 x 14 = . your gains cannot have increased this by any significant amount. it is 'cute' though that you think you've accomplished something. in reality he just failed, and i do not even think that is the true story. it sounds more to me like he withdrew some of his money, cause for his to be less than yours he would've had to really screw up to take it all the way down to . anyways, you both suck.
yep. dca and hodl. good job.
that is how you do it. 👏
do you mean your portfolio is bigger than his?
girlfriend: "mine is bigger!" me: "ight imma head out"
yup dca is the way, my friend who introduced me to crypto did not even knew a shit about crypto and he was margin trading and he was liaquadited from .5k and now he left crypto, and i'm here studying crypto but i did fomoed in ath ( i regret not dca but i was a noobie at that time ) but i'm planning to hodl long.
can’t wait for bad bitch post part 2, where he stops investing and you keep mooning. this is the way.
i also only add -, 4-5 different coins. i have been very happy. i pulled out some profits on doge and couple others. lost a tiny bit of course when everything dropped but over all, i am comfortable and it has been fun. i'll keep adding down here and when things pop again, when or if, i'll be in an even better spot. take it slow and no need to chase.
y'all have brains. it's not surprising. congrats on winning the contest.
if he was swing trading and you're in the usa he is gonna hate life come tax time. i dabbled with it a little and it is definitely not worth the effort, especially once you start calculating all the short term cap gains taxes. you *can* earn more overall (if you know what you're doing) but that short term capital gains tax eats up most of the benefit of doing it. just not worth the added stress and effort once you compare your net gains and find that just dca and hodl gets you almost as much money with a fraction of the effort and none of the stress of watching charts constantly. good for you learning to dca from his mistakes. wish my daughter would follow your example and learn to invest her money. all she does is stick it in a bank. i would not tell her to get into crypto but i wish she would figure it out for herself. at least i got her to sign up for her 401k finally.
my boyfriend is the bad bitch in our relationship. while i was like “omg the market is crashing,” he was like “i don’t see the issue” and continued to buy.
what you’re doing is called dollar coat averaging. it’s a wonderful strategy, congrats!
overly enthusiastic about doge ✅ telling friends and family to buy doge ✅ investing more than he can afford to lose ✅ buying the top ✅ your boyfriend has all the boxes covered for a true crypto degenerate.
dca and hodl each other 🙏❤️🎶
lol this is awesome!!!! more women needed in crypto to help it grow for so many reasons. thanks for this! keep up your hard work and share with more women please!!!
talk about emasculating. i'll be damned if my gf *ever* accumulates more crypto than me. but first i actually have to get some crypto. and then i have to get a gf.
i love how op is just trying to brag she did everything right with a fomo example living with her (assumed but may not be correct, point still stands) and everyone just makes it about her relationship. in all actuality congrats! you did things the right way despite i'm sure what were competing emotions!! not a minor thing
peg him with your green dildos! lol buy him dinner first though.
try to share ideas if you feel that smart, your post comes off as incredibly obnoxious and you don’t seem to appreciate the importance of chance. i’ve helped my gf get in this month (i’ve been in since 2017) and don’t care about her average cost, last price invested at, or profit. you’re a fucking team. act like it.
sorry, i dont think i can take ppl that play animal crossing serious.
lol, your bf sounds like a tool. good on you for being successful, but you definitely painted your bf in a crappy light here, which i do not understand why. lol
if your boyfriend is buying bch, you have a girlfriend.
nice, are you single?
dca in the face
you may be a bad b\*tch, and he may be a good b\*tch. the real question is, who's wap is the wettest?
nice, dollar cost averaging is always a better strategy compared to fomo. plus depending on how much he invested, 10-15 coins is veryy overdiversified.
how do i short someone's relationship?
a few years down the line his 10-15 different coins will be worth more than your less diverse portfolio.
if he’s the jealous type i would just keep quiet about it… if he were mature he would be happy for your success and patience. but if his pride is hurt, any negging could lead to literal “gambling” on his part to make up for losses. good for you though! well deserved
congrats and welcome to the revolution. we all learn in our own way but some people never "get it and never will". keep learning, keep doing your dd and best of luck. i hope to meet you on the moon someday!!
he may have made some bad crypto decisions. but he did well picking you! and he might not catch up to your gains but every little bit now counts alot later when we moon. it's a team effort! keep holding! to the moon!!!!!!
if your spouse buys btc cash i think it’s time to move on.
😂😂 great story, hope you guys work things out 🙏
so nice to see the roles reversed rather than the typical boyfriend girlfriend crypto stories. you go girl, teach that fool!
"please everyone keep buying please" these posts feel absurdly manipulative. got in a little late and need to keep the hype going? just make shit up.
this does not make much sense to me because the crash never dropped below december 2020 prices. i bought a large amount in 12 different established alt coins as well as btc and eth in february and the crash never put me in the red. it would be impossible to outperform someone who bought in december unless you invested more money.
you can figure out a lot about people by their buying and holding habits. you should feel terrible for crypto shaming him to over 500 people. i say when ether goes back up you better look for a place to live.
really sh__ty thing to sh__t on your bf who is clearly learning. i think it’s ok to make mistakes. i know of a lot of people who were in the same position as him. i watched and learned from other, and i hope to stay humble. another title of this post should be : ‘i learned from my bf’s mistakes, made money and sh__t on him for reddit karma’
this thread is so cringe, the responses r so bad lol. "break up with him and date a real crypto man 😎"
and when the dead cat lands you'll feel like a dumb bitch. and y'all lived happily ever after, the end
maybe is that moment when you can teach him some... family business!
you are now the man of the house and you are deemed worthy to peg your boyfriend. he is a bitch congratulations
seems you learned from his mistakes and kept to your original plan. well done!
> i convinced him to not buy tether, what? tether is not an investment. it's a stable coin. this reads like someone who saw a bunch of crypto key words and invented a story. edit: lol, op deleted the line about tether immediately after i made this comment.
correction. your bitcoin and his bitcoin is worth exactly the same. it's worth a bitcoin.
you're not in a toxic relationship - just one that is going to fail.
'a bad bitch' lmaoooo when women do average things they expect more than average reactions. congrats, you're a normal human, you invested.
congrats op, you really showed him did not you. you totally won the championship.
that’s bc you are
you have a 'cute' boyfriend then. maybe trade him and buy more crypto? joke aside, way to go girl!
noticing that you have mlm members in your family it doesn’t surprise me your boyfriend took that approach. he is an easily manipulated beta male. leave him.
>for you weirdos saying i'm in a toxic relationship ... have a drink you'll see it one day. not the most "toxic" relationship, but he belittled you and it is gross.
crypto is a ponzi scheme. you guys are either fools or heartless criminals.
what do you look like?
mad respect if you could resist saying "i told you so". if you could not resist, i do not blame you in the slightest.
at first i'm thinking ops bf is such an idiot, how is this relationship even working? but then i realize everyone has to learn and you probably learned alot by watching him make mistakes or bad decisions. hopefully he now learns from you lol
lmao mfkers be hating a bad b*tch out smarted them 🤣🤣. lol
you should’ve dumped him as soon as you saw him shilling dogecoin. find someone more intelligent. read more comments…and he uses robinhood! smh
take away his man card already.
get it girl 💕🚀
that’s the best post i’ve seen in months…thanks for sharing…i think it’s a baller move to mental prepare yourself for the pullback and use it to only reinforce your knowledge of the industry and continue to strengthen your position.
congratz, you deserve to bitch about that to your boyfriend daily. actually investing in dogecoin and bringing friends down with it as well, thats what most of us did in 2017 already and lost money.
you have the best strategy in investing and trading till date (i use the same ninja technique) . my investments have roughly tripled in value.
mam we have been trying to reach on your car's extended warraty.
we know who wears the pants in this relationship :) ha
seems like you have a good strategy.
i'm long on defi -- decentralized female independence. good for you!
been watching star wars so i read this as bad batch.
lol anyone who invests in doge is an idiot tbh
well done. it pays to have a strategy and to stick with it!
what brokers do you guys use?
you're way better than him girl
is your bf on reddit to?
cost basted averaging at its finest
i keep telling this my noob friends, that i brought into crypto all the time... they kept investing into doge, xrp and other shitcoins ... and now that the bear market is here they no longer have fiat to invest ... at least they are hodling through
shat on your bf...congrats!
ha well done. nothing beats emotionless dca strategy.
welp you're smarter than him, good job!
pretty sure your bitcoin is worth as much as his bitcoin, depending in what exchange you use of course ;) but hey, well done! keep it up
nothing is more important then a relationship don’t let any harm come to you both. stay blessed
lol do not play too much now as his ego could be crushed quick 😂😭
the power of dollar cost averaging
you should tell him using robinhood is “cute”.
so it appears that women actually judge men based on their crypto choice i pray to god my gf never finds out about my poocoin bag
congrats, now you just gotta find a new bf who actually researches before investing in highly volatile assets.
sounds like you guys can buy a nice dinner
daaaaam! slow and steady wins the race eh?
dca is better. fundamentals matter the most. awesome lesson for both of you;)
sell him and buy btc. easy.
made me lol when he told other people to buy doge. nothing wrong with swing trading... and hopefully he pulled out his money after making a decent amount. props to having more bitcoin than him though. makes me roll my eyes realizing many people are probably like him, 10-15 trash coins, all of them being shit, can only see a crash in hindsight, etc.
sounds like he is bad at this. he should really be making an effort to buy right now. sure, there is a chance he could get a lower dip later, but that is always true, and if he is not buying this dip why would he buy the next one? good on you for not just sitting by the sidelines, hopefully he is learning a thing or two.
let him thiscover options trading, and just let the rest play out lol.
broke boys do not deserve no pussy. i know that is right!
dont sell at a loss and you'll always be profitable.it is only a matter of time.
wait until he see you have a lot of moons soon! game over.
if he was swing trading and lives in the us, he is gonna get fucked tax time.
well done, now stop watching the charts and hodl!
i did not want to comment to encourage this type of gloating, but fuck it. rub that shit in his face over and over. but post the melt down here too if you do.
where can i apply to be gf ’s boyfriend??
wait, so your bf put in a couple of thousand, let us say . in december, before *everything* mooned. and you've put in . 4,5 weeks in a month, it is been almost 3 months, so that would be , and btc has crashed&crabbed since april. either your boyfriend is a true degenerate, or i call bs.
good, now go buy cxo, trac, rvp and show him how to really make dough
this post reads like an ad for dollar cost averaging. thumbs up
great job averaging out your risk and staying thisciplined with a plan using dca
>for you weirdos saying i'm in a toxic relationship ... have a lol, just because op telling that her bf did not talk about crypto, you're assume he is toxic? relationship is not all about crypto guys
awesome, good job doing things your own way! that's why it is always best to trust your educated judgment rather than listening to others.
and also, please keep your boyfriend clear from leverage trading!
op do you have connections with bogdanoff?
this is going to end in a divorce court divvying up btc but neither will give up the password to their respective wallets xd
your btc is worth more than his and you’ve only invested a couple hundred? damn, how much did he lose?
if i was the boyfriend i would be itm dating her.
your profits might be up, but your relationship is making lower highs and lower lows lol. it's baffling how normal it is become for couples to compete with one another. your so should not be your competitor or adversary, because soon enough they will become your enemy, and right after that your ex. but oh well, young people are unexperienced and foolish, there is nothing to it.
you go girl! dca babay!
i could never be with someone who shills doge. i just do it on their reddit because i think it is funny when ppl lose money.
6 golden rules of crypto: 1. dca 2. invest only what you can afford to lose 3. time in the market > timing the market 4. take risks and take some safe investments too 5. hodl 6. try not to check your portfolio every couple mins , check every couple hours
uh yeah tether is a stable coin, i hope he wasn’t expecting it to go up.
while i do think diversification is really important, dca is literally the best way you can approach stock and crypto market >and bitcoin cash i do not really get the problem with bitcoin cash, it is literally bitcoin with a bigger blocksize, so transactions need a high fee to go through. craig wright (he is a fraud) used to be part of it, but got kicked out and jesus the projects they have is so awesome, just imagine if lightning network was onchain, it is really that fast and cheap.
not toxic, he’s just an idiot.
username and title check out lol
hi shill here, research about privacy coins and consider getting some r:)
seems like you will be competing with his wife soon!
nice regurgitation of shit you read. you are so cool.
nice to see women in the crypto sphere. my impression is that it is a bit of a sausage fest.
at some point you gotta admit that crypto is bringing a huge crowd of kids into investing at a young age. in one way it is super nice because most kids do not bother saving for their future and by the time they hit 40 it is getting late. on the other hand, i'm not so sure crypto teaches good lessons at how to properly build up your wealth. lambo or bust am not very viable :) on the other hand going bust at a young age with smaller amount is a nice lesson if you have what it takes to learn from it. congrats on your approach.
dca is great and a way to always buy the dip and always have funds to buy with. not as fun, but also low chance of obsession such as checking the app every sec.
wow congrats on managing to learn and participating, it is always hard to successfully invest as a newbie. i'm surprised your boyfriend never took profits, would have definitely helped his situation.
just keep buying weekly or monthly countless studies show that passively investing returns roughly the same as investing in every market crash that way youre always buying the dips and rips
now do the smart thing: get a hardware wallet for your bitcoins. the real superiority comes when he no longer has access to his coins because the exchange has been hacked or his software wallet is broken
proud of you ❤
so happy for you, and how you proved your showed your skills, and sorry for your boyfriend. trade with cautious and wish you a formidable continuation!
he needs a pair of these:
i mean putting money every week into a single coin is going to accumulate a lot more vs spreading yourself wider than a lot lizard on the prowl makes sense. good job op you are now bad bitch certified.
your boyfriend is a lucky man
don’t tell him about bitconeeeect!
i'm behind you, started in may. same strategy. 70% goes to my traditional 401k, 30% to crypto. then i'm breaking it down 40% in coins, 60% pools and farms. breaking down risk into percentages in those areas too. lol 10% of my 40% in coins is high risk poop coins.
now you made me feel like a bad b**** too just by reading your story
nice job!!! dca is the way
noobs make noob mistakes. my first portfolio i put in enough to buy 1 btc into 5 different alts. the original portfolio would be worth .33 btc now. now i’m just buying eth and btc.
now you're also out-farming him for moons!
people who dca and say it doesn’t work are dcaing 33% at 8am, 33% at 9am, and 34% at 10am.
dollar cost averaging is sexy. that’s all there is to it.
women make better investors. also he sounds like an idiot telling friends to invest in doge.
25(3 months ago) = 25 x 4 x 3 = 300usd how many times did your investment double for your 300?
dump the bum and come take care of me...pleeeeease!!!!!!!
eth all the way
op. continue to dca on crypto. soon you will have 10x.
teach him and make better boyfriend for you.
might be time to look for a bf that is more financially smart….
you guys do not sound compatible just based on crypto lol
you're like my fiancee. i heavily regret dumping in so much $$. i was going around talking about it now it is just a sleeping topic lmao i did notice she started adding little by little, but she has not passed me yet
i will have a drink! cheers to you and your dca strategy!
wow you guys have so many bitcoins! the code must be enormous.
imagine coming on the internet to drag your boyfriend to a bunch of other random dudes
careful don’t tell the truth to alt coin enthusiasts feeling their ports bleed as bitcoin rockets lol
how do i short your bf?
>i convinced him to not buy tether why would you have to convince him to not buy tether? tether is a stable coin.
u? if you hold any other coins im curious which. i bought like 20.0001. i got a few other coins too. my investment strategy is similar to yours, every now and then i put like 20$-40, if im right and it does well yay for me, if not, its not like ive invested thousands. really helps take the pressure off to panic sell
i need to start dca but i'm scared since we are in a bull run 😭😭😭
>watched him tell our friends to buy doge coin
hope my girlfriend doesn’t go online to “jokingly” make fun of me.
he has 10-15 bitcoin?
you're in a toxic relationship you cannot out trade him on crypto like that it is borderline abuse
now you have defeated him with your crypto, you need to claim your prize. you must peg him and assert final dominance, look him in the eyes as you do it. once you have destroyed his asshole claim his crypto as your own, this is the way. then dump him because he’s a thistraction from the real prize which is crypto. find a new man who invests in crypto and repeat the process, collect their crypto like trophies and build your portfolio like an alpha.
yep he turned into a smug little cunt. lots of people do that nowadays 5 minutes into learning something. i'm surprised he did not try to start a consulting business with all of his knowledge.
i think a few years from now, both of you would make decent profits from your investment irrespective of your investment styles (considering i see a lot of btc). i'm hoping you both are invested for the long run however. good post, op.
well you are badass, good for sticking to you guns and your plan.
dca for the win!!!
get on with your bad self
if your boyfriend bought doge, he belongs to the streets...
hi, what do you use to trade? i have cb and the fees are ridiculous!
lol the desperation in this post
maby talk about it with him?
lol you were putting in . your crypto wealth is too trivial to lose sleep over, i assure you.
chart analysis boyz... bear trap or naw?
so i went ahead and had that drink you said. still think this relationship is not gonna last lol. such a weird thing to be proud of. "i dca'ed and he did not haha" especially if he sees it as "cute".
in two years, please put your bf on an allowance
good shit. i fucking love to hear it
the virgin yolo vs the chad dca
if he bought doge before april i do not think he is regretting that.
you’re so bad, but you never mentioned amp. lmao 🤣
it’s not toxic as much as it’s really weird female behavior you only see from american women lol
relationships are not a competition. you are on the same team. i don’t get why people don’t understand that.
this is why men need women 🙄
this was my strategy. i was curious about crypto for a while and wanted to take a shot at buying and selling. decided to follow some strict rules: small, continuous (for me every 2 weeks), and be comfortable with the fact that i could lose everything i put in. following these rules beyond putting in a couple hundred from stimulus checks from the pandemic, i sold a month or two before btc reached it is peak. i sold the profit, and kept the amount i invested at the time at btc's price at time of selling. and i was not upset i missed the peak because i played it smart rather than by chance or luck. i was so happy that this small, stress-free startegy worked because i did not feel like i needed to be glued to my phone or computer. i've now explored 1 or 2 other crypto's and tried to advance my "skills" or experience by coin swapping when said crypto's reached their peak. yeah my portfolio is not the best at btc's current price, but i'm still following the strategy. and i'm not upset because i'm ok if i lost everything i invested here. i do not want a lucky break, but if a little bit of my money can make me more money, why not?
i would be just as butthurt but secretly turned on.
oh my gosh😂 good job!
buying and holding on a single investment is "just" an exponential growth over time. however, buying small increments frequently becomes a sum of a power series. increasing the frequency of your investment is exponentially more impactful than any single big drop into the market. .
go you! i've been in the financial markets since 2007. i'm not going to claim i'm an expert by any stretch of the imagination. but you did your homework, dollar cost averaged, and used some sound risk management. i'm in love! ♥️🚀 i cringed when you said he was putting money in doge. keep doing your homework and learning what these systems are all about. you took the emotional roller coaster out of investing in really volatile markets. congrats! took me at least 10 years to figure out how to do that but i'll admit i can still feel that fomo sometimes. just keep researching and learning sound strategies for managing you money and investments and i think you'll be doing pretty well for yourself. definitely a better strategy than staring at charts all day long. you might consider having a small portion of your crypto portfolio (maybe 5-10%) short worst in class crypto. then reallocate every 1-3 months and rebalance your portfolio so it is back to 5-10% sure you'll lose a few percent gains but when overall markets tank you'll now have a stack of funds from your short positions you can take profits from and put back into crypto that your research tells you have good prospects and use cases. good luck and you sounds like you are a smart bad bitch! keep up being smart and awesome! don't bail your boyfriend out, educate him. cheers!
good for you bby
hmm i see amazing girl here, you learn about crypto because your boyfriend was investing in crypto, i say wow. he should be happy guy and listen to you from time to time, he sounds like hard-headed, tell him to chill edit and now you will have also moons xd
>... it was kinda pointless to put that little amount of money in. your bf has no idea about investing...dump your bf and find someone with more life and investing experience. anyone know put a lump sum in any securities is a dumbass.
you guys open to crypto theeesomes !
i'm going long with leverage on bad bitch coin (bbc). oh wait...
doge coin ... cute
sounds like you picked a winner…...
is this a post to brag? who gives a fuck?
dca into the market is the lesson.
nice job bashing the guy.
that's b'd and i guess also hodl'd. good job. he will probably eventually do the same as you after getting wrecked.
leave your boyfriend and marry me
notice how she uses the word “we “ in “huge run we had earlier in the year” but when he starts fucking up it’s just “he” “he” “he” (you don’t have to get butthurt over this)
real question is how bad a bitch will you feel like if it hits 20k? 10k? i’m a losing degenerate and bearish on crypto, but i worry bout young folks thinking they bad for making paper profits during this insane asset run the world is in rn. gl to ya and hope you can use this method on quality stocks should that appeal to you as well
does he cry after you use the strap on with him. he seems a little soft
dude just bought high. now he gotta wait and he is bored so he coin swaps. both of you being in crytpo will go a long way. you're understanding of it will help the both of you. not advice. gl.
what did you use to learn?
> for you weirdos saying i'm in a toxic relationship ... have a drink perfect reaction. according to reddit, you need to dump your partner the moment they even look at you funny.
ha very nice, my gf actually put a youtube video on last night about bitcoin and blockchain i was like wft she said well i wanna learn it so i can help you invest or maybe do some myself. was actually a video i had watched years ago too well chuffed, constantly taking about it’s done well lol but we’re both you in the relationship i was your bf when i started but we all have to learn the hard way lol
you convinced him not to buy tether? lol ok
lmaoooo “have a drink”
so wait... how are you at anywhere near 1 coin if you've been investing 25? and how is he slinging around 10-15 coins, but now suddenly your coin is worth more than his? are we talking about bitcoin here? the one that costs over 30k per coin?
i’ll have a drink even though you aren’t in a toxic relationship. and with your bitcoin wins, you’re buying, amirite?
i wiiish my wife was interested. she tells me to shut up when i go off on a rant
sorry but haters stay mad 😡🤣
he doesnt know how lucky he is. i wish i had a gf whos into btc and reddit
you go girl, that is the difference between gambling and investing!
i put a large sum of money in during the run too. but it just so happened to work out that i completed a huge flooring job at the bottom of the dip. i was able to put in more than i had originally around 4 or 5 days ago. i then realized it is best to spread out your buys lol. also, dogecoin? really?
i wouldn’t say it’s toxic, but you would have no idea how much holdings i have if that was me.
why did you need to convince him to not buy tether? should be fairly obvious lol
mods take this down please. it pains me to see the thisciple turn into the mentor
your boyfriend sounds worse than your husband
you are a bad bitch 🚀
that’s awesome chick! take a victory lap lol
awesome! it seems that you have combined some really mature and gen z strategy very well, congrats! dont let anyone mocking you or telling you what you can and cannot do!
sounds like a win and you needed someone to tell . i’m happy for you and congratulations!
**dca is on average significantly less profitable than lump sum investing.** you did it at one of the few precise times where it is better, but in general on average your boyfriend's strategy is more often successful. here is the math for the last 2 years:
something dont add up with this story he got in decemeber wich means he should be + even through the crash and you buying in april you should be 30-50% down
sounds like lucky timing tbh. not that it’s a bad thing. but i doubt you knew everything would crash hard before you started putting in. still though congrats on the good timing. ride that shit to the moon. or whenever you want to cash in.
nice work. keep it up. kick ass
congrats, your kicking butt in crypto. you can also use stop losses along the way. this way you will auto sell(saves you from a lot of pain when crypto crashes). then afterwards you can always start to buy into the dip in price (although we never really know where exactly is the bottom)
have you looked into nano? i think you’d be wise to allocate 5-20% of your portfolio to nano. it’s the best pure currency coin
i follow a similar strategy to yours, but with 50 every month in 3-4 diff coins. takes off any and all pressure.
good for you i guess. do you always feel the need to throw that dude under the bus for your own amusement or is he just a dick that totally deserves it? his investing habits do suck, but it sounds like you had the benefit of learning from his mistakes and now your dragging him through the mud for us to see.
dca is da way
wait, so not only do you publicly put him down, but you force him to read the comments too. brutal lol
that's cool, i do not know why you feel like a "bad bitch" though. you a millionaire or something now?
congratulations. 25 a week adds up quickly especially in proof of stake coins. best of luck to you
its a long game, not a short game. thats why you feel better about your crypto and your boyfriend doesnt. good luck my friend!
this is why traders recommend dcaing. good job.
i think women are generally better at managing risk than men. men manage risk by going big or going home. women do it by taking a more pragmatic and measured approach.
lol more like turnsonyou
your boyfriend is also in this sub and started crying when he read this
geez the relationship advice is...something.
it is kind of is toxic tho is not it? just bc you do not like the words does not mean it is not true. you literally just spewed all this info about urs and your boyfriend's position just to brag to a bunch of random ppl that do not give a shit ...you clearly got something out of it by posting but no one else did. so if you do a little self reflection you might find out the deep seated reason why you felt the need to post this. that's why ppl would call your relationship toxic. most normal people would not do this, esp not revealing someone else's position- that should not be your call to make even if you know how much they have. it's a personal choice and comes with possible complications. it's not only a breach of trust to reveal information like this there by making you and your bf possible targets, but it is also needlessly petty for no one else but your own satisfaction for 'winning' more than your bf. pretty unhealthy tbh from my perspective as well *shrug* edit: i saw that you said this was supposed to be a 'thank you to the sub' but that is not how this comes across
how did you leaen more if i may ask?
were all in toxic relationships. either with crypto or other humans. fuck it. make bank. i watched a million other people eat shit and invest in garbage. keep rollin'.
curious while you have been reading up on crypto have you found a way you value the market cap of crypto currencies? i'm mostly a stock trader who is fairly new to crypto and currently holding a large unrealized loss with grt coin lol. i guess the one major issue i am having when talking crypto with friends is seeing the underlying value. like with stocks there is financial statements and a physical company you are buying in. anyways happy for your! remember to try and stay humble but i get the excited feeling you currently feeling and how frustrating it must be with your boyfriend not really listening to you and how justified you must currently feel. i'm in a similar situation with my friends and the stock market.
this is my approach. dca is the way!
this is all i needed to go buy more btc! thank you 🙏
nicely done! i love that you took what he said, and then checked it and reinforced with your own research. this skill will carry you far and applies to everything people claim to have no knowledge about…cars, cooking, buying a house, fixing a house. info is there for the willing!
if you have more than him ny putting 25 a week since april either his trading is also cute or he lost a lot and he does not know what he is doing... : p
protip: if your looking at the price every two seconds get out because you clearly have no self control. ive day traded options and even then i didnt look at the price more often than every 15 minutes.
i started building a crypto position two days before the big crash. feel bad for the ones who got hit hard.
this is why i’m happy i was buying stocks before crypto. i do the same. just dca every month and let it sit.
1 in january i was you, putting « cute money » in there 2 seeing i made more in crypto in weeks that in my saving account, i became you bf 3 first slowing down. i was fucking panicking but ok 4 april may came, i was full your bf and took my money out having lost a mere... 15% but as i was dumb, in the first place, it was « almost » money i couldn’t afford to lose. my definition of that wasn’t the best but i was still safe. 5 june came, i bought little by little. i was like you op now i’m breaking even from my previous losses, lost my 0.70 position on ada but got a nice 1.10 with much more budget in it as i bought the dip, i’m now 0.90 and i check once a day, maybe twice. dollars cost averaging. <——- took me 6 months and 15% of my budget to acquire the wisdom. 1 dyor, 2 calculate your position, 3 you’re never gonna be the new millionaire because yes, you’ll earn a lot, but it’ll make you greedy and you’ll never pull out, and most importantly: chill the f down.
i’m horrible with investing and put in a bit over 1k into robinhood stocks. now i’m seeing it was a poor decision after reading this post and as someone just starting out in long term investments myself in february. what’s good advice for this?
op' strategy is called dca (dollar cost average). "time in the market is better than trying to time the market". never stop putting 25, whatever btc's price, and never sell (preferably)
how can hehe doing so badly if he started in december. pathetic.
jesus christ what kind of garbage is this? jesus
fake, how is his thousands worth more than your . moons farming
just do not marry him.
you are a bad bitch indeed! i loved hearing this story. definitely not a toxic relationship—actually very very healthy to see you guys sharing interests and you actually wanting to learn and become more proficient than he is,, all the while becoming more financially literate as a team (theoretically). superb
i'd be praying to god he does not thiscover margin trading
i've been doing the same, except with eth. i fully expected a huge crash. but i vonti used putting my 20 to 40 in every week throughout i'm so happy to see it going up again. i'm also glad i stuck with my coin. i have no intentions on cashing out any time soon. great job, op!
dca'ing has proven to beat most "day traders". good on you.
it is not a wide investment but a singular investment that can make quite the impact in crytpo. jolly good show that you did better however do take part in the crash as i’m sure currencies will start rebounding in due time.
your plan sounds like dca at its finest. proud of you for taking the time to understand what you’re doing. i would say that my strategy has been to branch out to a few, well researched currencies. that might not be for everyone and obviously dyor.
where do i learn how to do this?
investing with sense. very nice.
congrats on the gains. make sure to keep a level head and calm your ego, crypto is so volatile it will sweep anyone's egos away with it.
leave him and date a real og
well done! the power of dca! people wanting to get rich quick get rekt. people who dca, slowly get rich.
he fomo'ed while you were smart. points to you!
and here i am investing just -. :p
rule : time in the market beats timing the market.
wish my woman stunted on me the same way. cheers to you girl
this is awesome i have put in little bits at a time too and it is a nice strategy.
my husband did a bit of investing earlier this year as well when the whole game stop thing started. he did pretty well. i would love to start investing as well but definitely need to do more research.
you are a true inspiration for all the lady beginners in crypto. and a true master of dca technique. keep buying!
you should divorce your boyfriend and warn him that you will call the cops if he comes close to you again. then hit a lawyer, delete the gym and facebook up.
haha nice! i blew my cash way too fast as well but a lot of the stuff i bought was still a lot cheaper in dec, so do wonder how he managed to end up with less.
good for you. my gf is the other way. she is been shut talking crypto all along about how it is fake money and everything. mind you she is now broke and her hours got cut. she spent all her stimulus on vs outfits that she is now tired of wearing and i've been investing since 2017... ...and secretly i'm glad because i will have a ton of money for myself while she complains. i love her but i'm not giving her money. each person needs to learn to be smart with money and not depend other will just hand you money. i will gladly go e advice and teach so you can make your own money 💰
this is a cringe sub in general, but this post reaches a new high
only 1 in 4000 women can honestly say that there bf. few women understand this.
op you do what you want but if he is investing in dogecoin, make damn sure you read anything he wants you to cosign on if you're buying anything major in the future. i'm sure he is a loving and sensitive guy built like adonis with a 12 inch horse cock and a career as a neurosurgeon locked in, but he is making sketchy financial decisions and you may want to handle that part of the relationship if you're serious.
yea the way you compare your *coin* with his...i agree with the title
dca all day all night
> i convinced him to not buy tether wait, so he was considering investing in crypto by buying usdt?
feeling any sense of superiority over someone who’s supposed to be your partner because you made more money than they did, are smarter than they are, or anything else, is not a healthy way to have a relationship.
sharing income stuff with your so is important communication in a relationship. good for both of you on that!
puts on the relationship. maybe an fd on august.
are you still putting in ??
nicely done! it's easier said than done.
perhaps he can start an only fans to raise some finances.
if i've learned one thing regarding investing it is to make measured methodical plays. every investment i sold completely in one go i have regretted, it is rare that when i make a big all at once purchase and do not regret it at some point. averaging down'm sticking to it. i may not get any yolo love on wsb but i would not have the stress of it either.
good fucking shit. bad ass.
why you hating on tether?
buying on margin their relationship doesn’t last.
dollar cost averaging, it also work on etf. yeah seen this with a lot of people too. the euphoric high when things are going well. the depression of losing value. a couple of cycles in, the dips don’t bother me now that i’m a hold for the long term kinda person.
the math doesn’t really check out. you got into crypto well after dec. 2020 after your bf, but you only put in , and you have 1 btc now?
curious to know why anyone would need to be convinced not to buy tether for long term.
even a tiny amount of research would lead to the conclusion that buying doge is stupid. i'm glad you got into crypto. he obviously did not do as much research as you. he should be going to you for advice
this is the cringe post of the year
you did cost averaging; it’s what smart investors do because no one can really time the market.
yes money makes you bad
but who put in more total money, you or him? if you put in more and have more, then that is not a huge win. if you contributed less money, but have more bitcoin, then you are winning.
dca and step away! no need to watch charts every second when you have a solid strategy. nice job doing your research, tell your boyfriend to take some notes!!
dca ftw (i need a t shirt with that)
i like what bitcoin cash tries to be but other coins just do it better cough cough ltc nano
get that vechain and really make it rain on him 🚀🚀
this is to awesome lol, hopefully he takes some tips from you! :d
your strategy is a much smarter investment strategy and protects you from the volatility so much more. you're less likely to buy high.
yup, dollar cost averaging always wins
tortoise vs the hare!
i’ll short that relationship…. you should probably be there for his as financial losses are very hard to deal with….
never put all your eggs in a single crypto basket. diversify. not everything crashes down all at once.
go make a sandwich girl.
too bad your bf did not also have someone to watch make mistakes to learn from. he may have done better also.
bitcoin cash quadrupled in the q1-q2 run. so...?
eat chicken wings along the way
first off there’s a very strong chance this story is bullshit, the math makes absolutely no sense. secondly it’s weird to flex that you’re like shitting on your boyfriend like it’s a competition, y’all should be on the same team and should understand he’s not gonna be happy to talk about it if he’s lost a large amount of money, you wouldn’t either
are fees on those low amounts not taking a lot of your investments? what platform are you using to buy?
hopping on the internet to laugh at your boyfriend with strangers is wild flagrant ctfu.
why are you trying to compete with him? that is odd for a boyfriend.
if he bought doge in december and he hodl in april? did not cash out?
great what an ego massage
no one said there would be math involved
dca is the way.
sounds like a very mature relationship between two adults with excellent communication skills wait...no it does not
the haters will say it is fake. keep learning from others mistakes and you'll keep succeeding. 💪🏾
are you my girlfriend? because i syck at this... jk, congrats
you both sound kind of obnoxious, to be frank.
your doing well and i’m proud of you , where if your boyf doing his research
when the long term investor meets the day trader, better love story than twilight...
i do . it does not hurt as much when the dips are big and i do not mind going in harder when it dips super low.
i wouldn't call that relationship toxic exactly. imho some differences and fights are normal to some degree and a sign of a good relationship. however if you ask me, purely from those few sentences what you wrote, you're probably more intelligent then he is. if that is ok with you, stick with it. but then i do not get your post. do you look for confirmation that your investment strategy is better? everyone who actually made some figures here will tell you swing trading is for idiots*. sure, there are few who had luck with it (and that is really it, luck - no secret ta or shit that you have to 'understand'). but if that is your definition of success then go to vegas. but at this point, when you posted this here, you already knew this. so what's your question? if you ask me personally then that is the difference between trading (gambling for me) and investing. trading is for losers. and even if some of them get rich by luck they are still (rich) losers. the worst part is probably that they are not aware of this and actually believe they outsmarted the market. *i have to admit that is not entirely true. there are a few quite intelligent but morality crippled - for one reason or another - individuals who make a lot of money of those poor bastard's by running ponzis and market manipulation schemes.
he bought bitcoin cash. says everything.
well you're either in a toxic relationship or his money is your money and vice versa and none of this matters. your pick.
i get your point but dogecoin is still way above where it was predicted to be. by the end of 2021 it was predicted to be just above 10 cents. not that it is sustainable without constant coins being sold and bought, but the money to be made was definitely there.
you are toxic. going to the internet w this lmfao weird af
the unlimited potential of this project is very good. many people will want to get financial benefits, so this project has good potential for development. good luck, guys.
it does not matter as long as you hodl
i’m doing the same thing 25. price dropping just means i get more next time. easy day long term gains here we go!
on today's episode of shit that did not happen
dollar cost averaging and hodling is a great strategy as you have now seen for yourself. it sounds like you went the way of the investor approach compared to your bf that had the trading approach. imo to be successful in investing is to learn from other people's mistakes and continue to be a student of the game. you do not have to have the best ta if your fundamental analysis is strong.
well, you do have a weird relationship i must say. you can call me (and other people noticing this) weirdo(s) but that still not any less weird then this rant of yours.
congratz but this is what literally pisses me off knowing i’ve been holding for months and noobs getting it right now for cheaper than me by a lot… you can’t time the market but this is just getting me pissed off anyway…!
this smells like bullshit
this whole thing was absolutely terrible to read . why did you do that to me ?
your bitcoin should be worth the same. you have more i’m guessing? i support your approach fully. i have money set aside also to buy big drops.
not much serious comments, but nice story. dca is always the best way to get into bitcoin because it will keep going up. it can turn into a "long term" sum such as a house downpayment.
lol toxic relationship haha
yeah…your bf is a meme invester . this is pretty common on a bull run. everyone thinks they are a warren buffet jr. but then when a dip comes, they are paper handers at heart. seems like your bf doesn’t really know anything about the crypto space except what he reads on reddit. doge coin is a prime example. it’s not backed by anything nor is it trying to solve a problem. good for you though. you have diamond hands but real talk…don’t accept a diamond from your bf. you need someone with diamond hands. edit: just read he used rh for crypto trading. that’s a clear indicator he’s a major rookie. it’s the equivalent of spending a weekend at paris las vegas vs paris france.
keep doing you. also give dollar cost averaging a google if you are not familiar with the term. i dont know shit about crypto but i know its volatile so dca is probably the way to go
he started investing in december but you have more than him? i started late january and am still up almost 2x even after the crash. what shitcoins did he buy lol
dollar cost averaging is a real strategy and works. that’s why retirement accounts tend to be successful.
and then everybody stood up and clapped?
keep it up, boss.
"look at me i'm better than my bf"
i doubt every single word of this post, the math doesnt add and if you really liked your boyfriend you would help him out, not make a post to state how much he sucks and did everything wrong, while you did right.
considering you started in april and put in 25 dollars a week and you already have more then him i am guessing ya both are broke af
lmao this is hilarious, hopefully it humbled your "better" half
the virgin boyfriend vs the chad girlfriend
this whole story is straight up karma farming have fun staying poor with your 300's who put in thousands...
fake story. karma farming. gtfoh
you are now our girlfriend
so is he gonna give you his crypto or does he realize another bull markets coming
yeah, so this is fake.
ya from long island ?!?
i'm sure your boyfriend is a bad bitch too
this is like a dca infomercial
dca is the way
good for you for doing your own thing.
the easiest way to not to worry about crypto is the not look at your investments every 30 seconds
haha kinda sounds like my own relationship with my gf except we both lost money, only she lost more in this scenario i'd hate for him to find out how much you hold in moons now
bad bitch confirmed. i need to be more like you and less like your bf...
….you mean dollar cost averaging? welcome to investing….
your bitcoin is worth the same as his. your profits are more. but good on you.
who gives a crap...
dollar cost averaging ftw!!
this may be the saddest thing i've read today
you're saying you have more bitcoin than he does, but bitcoin is only 1? gratz i guess
occam’s razor: fakety fake fake.
di he take some profits along the way ?
i got into crypto in 2012 and my gf at the time i wish i told her to put in money every week she would have had millions by now. while i lost a ton trying to time the market. she didnt get in because i was trying to get her to make huge trades and it scared her. so my point your doing good keep this up im sure you will be loaded in 5-10 years
break up with him then lol
that is why females tend to do better than males in investing... testosterone can be a good thing and a bad thing given the situation...
this is exactly what i tell ppl when they come asking for advice on investing in crypto. invest a small amount in the big coins every paycheck regardless of price. over time it really adds up. i have a coworker who wants to invest a huge amount of money in btc i keep trying to talk him out of it. buying in over 100k usd at one price point is too risky. better for him to invest 1k per week for 100 weeks.
nicely done. i assume you do not want sex anymore...
i suggest couples therapy.
the moment you said doge... game over.
that username though lololol
congrats on your gains. but how is your husband 's account doing?
karma will strike you for gloating
this is the post of a 24 year old girl in 2021. makes perfect sense
i loved this story. thank you. i have a friend who was extremely gatekeeping about investing when i started to get more serious a few years ago. i've 'done better" than him and i know it pisses him off.
dca is the way!
he only lost a few thousan?? thats a light loss on this sub.
i'm confused, how did your strategy allow you to do better than him? sounds like you were both just putting money in. did you move from one crypto to another to avoid steep losses in the crash while he did not?
wait, what does this have to do with the bad batch? are you a clone of jango fett or not?
you did great what you should look into is an app called stash it is amazing for long term investments like right now i have stock in walmart, tesla and other companies
i'm just wondering what the reality of the losses and gains were. congrats for setting you portfolio to buy weekly at 25 dollars but thats all this really was unless your s... thats just reality.
i bought eth back in 2018 when it was a fraction of the current price. i needed the money, took it out and stayed out until the last couple weeks and just built a healthy savings account. put in three figures and currently up . i wish i felt like a bad bitch tbh
i swap coins around a bit but i always pay attention to the ratios between them.
i like cdc card i got the ruby one
so you got like . if you started investing ’d have about %….it’s easy not to sell when you only lose
slow and steady wins the race. i’m proud of you on the behalf of your boyfriend. he just can’t express it yet 😉
sounds like you’re basically his guardian at this point? that’s your son you’re taking care of financially, thank you for raising him right <3
so... boyfriend's pull out game is weak.
moon farmers getting creative.
i do not understand crypto bitcoin doge or stonks at all
just remind him that unless you have real capital it’s just gambling really.
you can support your boyfriends boyfriend.
lol bitcoin cash. good one.
well done, dca is the way to go if you are not prepared to throw a large sum in one go
sounds like you should cash some of it out for the worlds smallest violin
the power that that has, the intelligence that that has, the clearance that that has, the access that that has, the influence that that has, the profile that that has, the international implications that that has
your boyfriend sounds like a bitch. and yeah youre in a toxic relationship. if my wife invested successfully id celebrate it.
fuck yeah, you're awesome. keep it up!! dca, do not swing trade, and research fundamentals.
it is a learning experience and it could have gone either way, except for doge that will never go up long term.
doge? bitcoin cash? fuck...thats rough.
i'm pretty sure you could get a ton more upvotes if you posted this to one of those subreddits about men whose kink is being told what to do with their money by women... i think it is called financial domination or some such
this post is all smiles from me! lfg
there’s a time for lump sum investing, and that was not the time. dca is where it’s at.
oh i kept putting money in as well and one of my friends texted me today and went "dude i'm so annoyed i took all my crypto out because i thought it would go down again and it went up" and i was like "if you cannot stick through the lows you might as well just not play the game"
collateral your boyfriend’s body parts and get loan and reinvest. repay when you gain.
so you increased your money or his money become less than yours? lol
this is a made up story...the math doesn’t fit right and the whole wording feels karma farmer kind...i call caps
investor vs gambler. this comment is actually kinda cute :)
congrats, you both burned your money the moment you put it into crypto. his gambling addiction got you hooked but at least your approach was less risky.
most of the crypto is hyped up and people will lose money but good for you, you do you
today i learned: girls buy crypto too! wild! 🤯
this whole shit is cringe. first of all. how are you going to just throw your man out there like that to be clowned? and honestly, there is nothing about this story that screams truth. ooo. sneaky girl over there researching crypto. weak sauce
your very smart boyfriend who is definitely not a huge sucker sounds like the perfect person for a business opportunity i recently stumbled across. one small investment of ,000 could return him up to 10x that in one week. does that sounds like something he might be interested in? sincerely, chesterton h. scammley
you little bitch! :d good job, cheers :d
so it is high time to check tokens with an actual usage and product developed around it - superbid.io :p
every second of my life this fake post is left up is killing me
well done, you out performed him!
now its your turn to constantly talk about how great your portfolio is and how he should invest!
not a toxic relationship at all this kind of "rivalry" pushes both individual forwards. i wish my girl was like that :p keep it up and happy hodling
if women wouldn't fall for whack ass lame dudes, human species might as well have gone extinct already
just want to draw attention to the fact that this post is bs and anyone who believes it is true needs to reevaluate things.
someone who buys bcash does not understand crypto well enough to be spending real money
wow those stories are really good for moonfarming. good job as a writer op
the best part is both of you will lose all your money!
should of been a journey you did together as a couple sounds more like a pissing competition, which is why people are saying it is a toxic relationship. there's one thing to be competitive with your partner. another thing to gloat and talk shit about your partner behind his back. 🤷‍♂️🤦‍♂️ no wonder he does not want to talk crypto around you.
wow how much was he down by if his multiple thousands is down more than the grand or so you put in?
you seem to understand cost averaging better than him and will therefore be more likely to succeed in this space, good job op
good job! i needa post one of these for some next tier moon farming
you guys have boyfriend?!
so your dick is bigger than his?
yeah... that did not happen
i mean he’s a shitty friend by telling his friends to invest in shit coins after doing almost no research about it himself.
plot twist: op is schizophrenic and the so called "boyfriend" is just one of his personalities. this one made all the beginners mistakes you can make in crypto and could not bear the pain of the crash in april. maybe he wasnt schizophrenic until april and the crash made his personality split.
i mean you’ve spent a few months researching but the crash was all because of elon musk, manipulation and china fud let’s be real here. everyone knows what goes up must come down but that ‘crash’ was purely synthetic and orchestrated. you could easily have invested higher and been in the same position as your bf… this post sounds to me like you’re boasting because he said it was cute you were dca’ing (which is patronising). i guess my point is, we could go down another 30% tomorrow and then none of this would even matter because we have been at the mercy of whales during this accumulation phase. i would stay humble if i were you and separate emotions from investing, healthy competition is good and you should diversify like your bf but 10-15 is too much. real gains are to be made in altcoins, maybe try working together 🤷‍♂️
"ur relationship sounds so toxic" typed the 400 pound redditor that has not seen the world outside of his mother's basement in the last 6 years.
can you tell your boyfriend i am your husband now? so he is my wife boyfriend?
haha this girls a bad bitch 🤘 i’ll have a drink just for you 🍻
can you pls tell how you bought btc while it’s so expensive ? are you buying fractional coins? if so, how? also what’s bitcoin cash?
i bet you two fuck like royalty
op just showed us how important dca is
that sweet satisfaction of victory. congrats. actions speak louder than words, an adult way of saying “i told you so”
i cannot understand how can people, that are in crypto for like a month or so, advise others what to do with their money.
that's awesome, and while i do not think it is a toxic relationship, i am still going to have that drink anyway.
what????? you mean i'm not the only guy in crypto who has a girlfriend? hang on... u're not my other half are you?
swing trading is like your teenager phase, it comes and goes and you regret many decisions you took.
aye nice job!! you have a far superior mentality for investing compared to your boyfriend for sure, hats off to you and honestly tell your boyfriend to go have someone invest his money for him. his mentality is definitely going to hurt him in the future
boyfriend entering the comment section 🍿
personally i think it’s awesome that you are both investing and using completely separate strategies. overall that’s more healthy. i do the same thing, about , i do have a lot of coins but i focus only on a few for my primary investments. good job and good luck.
i've put no money into crypto and only what i have mined since i bought my 3080 so the value does not bother me as much. but it does feel like i have been putting a little bit of money every week because of it.
there’s more than one way to skin a cat. the best way is usually the way you learned how.
buy cocaine instead of crypto. more bang for the buck
get rid and buy mores
you are not. you're on reddit.
if he told your friends to buy doge before january he was actually pretty smart. if i had put 5k into doge instead the take out meal, which i did. it would have netted me 400k. but hey it is doge nobody probably predicted it would go on such a big steam roll out of all coins...
who cares? why are you even posting sh... oh i see. moonfarming as usual i see.
no one gives a damn
bullshit. you put in 25 every week? for 12 weeks max. you invested 300. even if you got the 28k low with all of that you are sitting at only 400 or so. if he invested thousands he should still have way more even if he bought the top at 64k.
congrats for not falling for anxiety, i'd say everyone somehow gets thistressed at the first loss.
hahaha, did you start putting in fiftys!?
check out olympus. killed it last night. have a lovely resistance. i truly see this coin going parabolic. busd reflections. peraonally have already made over . and the coin worth almost 10x... currently at 9 mil mcap. i truly think it will hit 100 mills mcap
or you know you could be a team and make money and learn together but to each their own.
not sure how your -july 1st became more valuable than his ,000 investment in december since most coins are still up 100-500% since december.
sounds like your bf has small pp
don’t be too hard on yourself
i agree this strategy is more reliable for one simple principle. investing multiple times at speed amounts will allow you to buy when market sharply lowers. even though it will even put over time. the dips are deeper than the highs. so you end up more frequently buying on dips and the times you did those will drop less or not at all when overall market lowers. i’m seriously thinking of using this strategy for all types of my investments. i think you won me over.
lol the haters 😂 this is the funniest thing ever and typical of a great relationship ❤️❤️❤️ there must be competition in every great one and rubbing each other's face in it is mandatory 😂 love it 😁
lol, if he needed convincing not to buy tether and shilled your friends on doge and other crap then you need to look for a new man. it sounds like you're way smarter than him and he is probably going to be a moody a$'re making bank dcaing and hodling while he is acting like a dope on shitcoins
you can tell who the incels are by their comments. i'm dying reading these!
itt: dudes who think op is evil because she is proud of her investing style and then was audacious enough to compare herself to her partner.
very smart, well done. you showed common sense and reasoning and it worked out. now keep going. his biggest mistake was talking to everyone about crypto and giving advice to people. i've been here since 2017 and have had two girlfriends in the time i've been doing this. neither has a goddamn clue and nor will they.
sounds like you need to dump that idiotic loser and find yourself a real man. someone lyke me...
all studies show that women make better investors than men for reasons like this - men tend to swing for the big wins, make aggressive plays and chase glory... whereas women make steadier, smarter, consistent investments. congratulations on your gains!
there's no such thing as "crypto". stop using made up words.
ha, pretty hilarious did you tell him, or will that hurt his man ego ?! is he afraid of strong women or do you wear the pants already in the relationship ? poor guy, what can he say anymore. everything you two do, every time your gazes cross eachother, all he can think of is "that b\*tch is better than me in crypto" relationship really did hit that big red stop sign lol
he is the girlfriend and your are the boyfriend now
"i was prepared for the crash yet i still put money in crypto" lol
you got a of?
hey im glad your strat work for you, i dont think you or him are in a toxic relationship, not at all, you are a very good gf for trying and actually learning about cripto and started your own investment plan, congrats on it! regarding your bf, i bet he is crushed, right now is the time safe and keep adding like you do little by little, the market will rise again and its a shame he wont be adding right now, just be supportive is not a good time for your bf. ' best of lucks to both of you!
he's entirely worthy of the 'wife boyfriend' title
i do not know why but this post turns me on. 22 times a minute.
i love softcore cyrpto porn for moons. good story. :)
no offense but your boyfriend kinda sounds like a shitcoin hehe
i’m dating the same kind of guy and he put me down for being happy after i made 100 cad on ethereum, and compared me to guys he knew who made over 100,000
lol this was delicious big oof to your bf and his 'sound' investment advices with his lot of shit coins
well thats what investing is i wish your bf was as smart and patient as you...actually i did a similar mistake with my self
he may wear the pants but you have the diamond hands.
i'd short your boyfriend and long dogecoin
sounds like your bf was driven on emotion. very dangerous, never let guys like that give you investment advice even if they strike gold, if you repeat their techniques it will lead to catastrophe. excellent job keeping your head on straight 👌
feel like a bad bitch huh? give it a few months and the market will make you feel like a dumb bitch…
please can you do monthly updates? with a witty title 😁
guys are so emotional. have a game plan and be thisciplined.
you guys got more issues than the crypto crash
too bad my soulmate is already in a relationship. totally badass move tho
this is the spicy content i come here for. you’re one bad bish 🥵
he sounds like an idiot exchange him for another version as he did with his coins.
hodl crypto, paperhand bf
post nudes to the group or its all a big lie
you're either dating someone who should not be handling money at all or you're lying. either way both scenarios are pathetic.
i love this story. research and due diligence trumping wsb style all-inism
you are badass! keep it going :) i have read an article recently that woman are beter in investing because they have more patience and take less risks.
wait people on here have relationships? maybe i'll get one of those once my ada can help me change my mustang to a lambo.
i love bad bitches thats my fucking problem...
i 100x short ops relationship with all my life savings
i feel you, we women are smarter
queen, i think you dropped this 👑
it’s almost like you took the advice of experts and realized dollar cost averaging is the way to go. your dude sounds like he got knocked off his high horse 😂
he’s not investing. he’s just gambling.
rip boyfriends profolio you holding any eth ???? edit: fuck spelling
damn girl, i think i can guess who wears pants in that relationship :)
yo i did not understood how the value changed but this post belongs to r.
what if i told you you are a better investor than 99% of crypto investors?
i am george, we are all george and george would be proud that you dca and hodl
a success story for all involved
congrats on seeing the crash coming, i somehow managed to avoid it mostly, did not quite get my dot out in time lol but yeah so many people got stung by that
lol "toxic relationship" ? what? you guys actually get to talk investing and crypto together? i wish! if my wife got into crypto i would be ecstatic and entirely butt hurt that she surpassed me but also proud! awesome job and keep up the awesome work! #
this principle of volatile growth income is called dollar cost averaging and is very effective. cheers.
how did you learn to play crypto?
you are just being plain smart with your money here. you know there will be a high and a low inevitably and you just contribute a small constant lump every time a low price is seen at a limited budget
lol you're boyfriend is a dumbass but that does not mean he is a bad person or you have a bad relationship. but yeah, he is a dumbass. he's a gambler and you're an investor. ya'll are young though, so do not give up hope. he might mature in the coming years.
lol as story old as time. the hodler vs the “trader” this should be a lesson to many of you here.
i want a badass girlfriend like you.
bad bitch you are. he should be proud (of you, not of himself for getting you into crypto).
you remind me of my girlfriend 😆😆
i let my boyfriend talk me into buying crypto yesterday, so hed finally shut the fuck up about it.
i do not want to be a creep or anything but its just think it is really cool that yer a gurl and in crypto. do you have a boyfriend? if i give you reddit gold will you have with me.
. ugh the fees. i cannot ... it hurts
i think your relationship is beautiful.
my boyfriend got into gambling around december of 2020, and he decided to put a large sum of his money in during the huuuuge run we had earlier in the year. his strategy was to put a few thousand in and watch the slots meticulously every few spins. i even saw him doing the 'red or black' or even 'choose the suit', so i decided to learn everything i could about gambling and see if he was getting "scammed." i learned a lot. i watched him tell our friends to play lightning link slots, saw him put lump sums into dog races and sports betting, and heard him tell me about lots of table games that seemed like they wouldn't pan out long term and i tried to hold my breath. at this point (around april) i thought, hey, i know a little bit now, time to start my gambling career. i did something different than him, and put 25 dollars in each machine. he kind of made a little fun of me, said it was "cute" that i was gambling and trying, and also said it was kinda pointless to put that little amount of money in. then came the "losing streak" that i was completely prepared for and mentally ready to see, and i just ... continued to put in my money weekly. he "no longer wanted to talk gambling as much" and stopped putting in money because all of his was already lost. i am proud to say that as of today (because i started building with one slot machine vs. his 10-15) ... i hit a jackpot and finally won! edit: for you weirdos saying i'm in a toxic relationship ... have a drink
haha gotta love that edit
posting about your experience in this sub and earning thousands of moons with the upvotes? you truly are the best investor.
anything less than completely fake, surface-level perfection, when it comes to relationships, means it is totally toxic and unsalvageable... at least to reddit...
from one bad bitch to another, you go girl!!!
research has shown women are better investors for exactly this reason. men are more likely to invest large sums and be less emotionally prepared for a crash, while women invest smaller amounts over longer periods of time, which is safer. so kudos to you for picking a well worn strategy that has been proven to work.
i didn’t read it but you are a bad bitch and doesn’t take away from your bf
not toxic, just typical. you apparently are strong enough to handle it.
loved that your boyfriend needs to learn from you... or you need another boyfriend
your boyfriend sounds like a dick
leave him for me?! 😎
it's not toxic, it is playful banter
you are the baddest b
now that is a bad bitch.
make an only fans for his portfolio loss porn.
lol "pointless to put such a small amount every week" i'm really glad this worked out for you. i've suggested to a few friends that even if they can just afford to put in . they are now glad they went with the dca plan. good for you for sticking to your plan and honestly having a plan in the first place. so and steady wins the race.
10k comments = 10k guys living in their parents basement thinking they might get laid because a female posted.
lol, you remind me my gf ;) she is also imunne to fomo and iam also ,,bull run genius investor" ;) have a nice day
you sound like a competitive and toxic bitch more than anything. why would it be important who is doing better?? big whoop you learned how to dca whoa😂
don't tell anyone but he also uses robinhood for some of his trading. 👁👅👁
pump and dump him
where can you do that? also, should you list any manufacturing defects before you trade him in? asking for a friend.
the boyfriend market is very bearish right now
this is the whey
therapists hate this one trick
make sure to sell him in pieces not whole. you can get a lot more money for selling the parts one at a time. allows you to buy much more bitcoin as well as ethereum
can't wait for part 2 when they thiscover about options!
i'm definitely short too.
straight 125x short leverage
shorted all her bfs gme stock
absolutely. would add don't listen to anyone else when making the final decision.
this man does math
waiting for the response...
the story is bullshit. op keeps editing the post to remove points that do not make sense.
simple...it is made up.
- female empowerment - outsmarted male partner who belittled her - satisfying ending result: fomo: even girls can crypto (since from what i've seen society thinks mostly men are into crypto).
op is a karma whore and probably neither a girl nor does he has a friend
he probably uses the buy high selll low strategy
he probably swapped it around like a noob and lost a ton
yeah it doesn’t add up. unless the bf put lots of money in scam coins that crashed or bought icp at the top. anyway, puts on the relationship lol. 24 year old love.
your math does not mean anything because you do not know what coins he bought. it was not only bitcoin. op said he was swing trading with like 10-15 different coins. he could have easily lost a bunch of money doing that. also alts fell harder than btc so he almost certainly did lose more than 50% on coins he bought near the peak. some coins are sitting at 1.
he could have lost way more value if he had bad swing trades. vast majority who do not just hodl lose money trying to beat the market.
he was 'swsapping coins" which i take to mean he sold btc for other coins whenever he thought appropriate.
> he cannot have put more than 600 dollars into bitcoin as he cannot have lost more than 50% of value december prices were also all below 20k before dec 20th. but she mentions he traded in and out some, such that it may not have outperformed straight holding, by just being in cash at times. but she also mentiond dogey diversification that likely went poorly. also she could have made several purchases under.
she said he purchased multiple coins... then only compared bitcoin.
i am here to say this as well. nothing bad bf did either, sorry- invested all he had, why not.this post doesn’t mention that he sold and lost money?…
math has no place here
"bitcoin", is what she has more of. sounds like bf jumped heavy into alt coins, probably even the "alt-meme" coins, and is probably stuck holding on worthless coins hoping they moon, having traded his bitcoin for them. probably took the spiffingbrit video as investment advice.
this is exactly my point. well done in the math
should be top comment
i knew it sounded off, i was wondering if anyone else caught on
i dunno, sounds like he was deep in the alts. probably down more than 50%.
story could be bs, but it sounds like ops bf is just horrible at investing. it sounds like he bought in while the market was rising last year (probably around the musk hype when btc was like 45-50k). i'd imagine most of his money was put down at the worst possible time (for a short term trader). musk's btc inflation has died down now so op could have been investing at around half the price her bf was paying. that coupled with him likely trading at a loss could put her ahead. the bf would need to be incredibly impatient and short sighted, but i think that is the majority of people. you're probably right though, it sounds like too much of a stretch for anyone reading, even if you buy a coin at it is 'peak' value and it drops hard, if you're in it for the long term investment, you do not panic and sell.
that's just bitcoin though. the guy has bitcoin cash and other coins from swapping. 500.
not only does the story not add up but the bf will still have significantly beat any btc-only portfolio with alts, unless he day traded them away or something, since alts give much roi and since december they have really outperformed. just my matic is 50x, not to mention doge, aave, celsius, etc...
easy. its fake. for upvotes you need several things and they are all present in this post. op is female. op has a sweet revenge story. op does something the sub worships. (this case its dca) its common in different subs but the main ways are always there.
people will make up whatever stories for moons.
i wish i still had my free reddit silver to give you...had to go read this far til someone else realized (f24) story is full of holes unless her bf lost it all swing trading.
she also said he was trading. i’ve managed to trade .12 btc down to .08 bitcoin in a matter of days.
yeah, i call bs on this story. doesn't add up.
when you're moon-farming, anything is possible!
hahaha. best comment here.
truest words here. and were proud
except when the market always seems to pump 24-48 hrs before my scheduled dca date
never to late to start dca
except when fees are higher than your
all i do is dca every week and... that's it. no need to worry about the charts or anything, i just invest small amounts every week and wait a few years.
first time seeing someone who thinks like me. where were you brother for life all this time 😁
chick with a dick
i bet op's not even a she
also why did you have to post this on reddit now that i think about it. you just shit on him for no reason. 😂 this whole post has got me shell-shocked.
she still can to farm her karma easier :) but fun made up story though!
can i hop on this gravy train also
this post is made up
these were exactly my thoughts as i read this. was coming into the comments to walk through the math, but then realized i'd get dog pilled for saying anything bad about reddit is favorite " my hobby, but a girl is talking about it" style post. and it being on the front page. but i figured with this much attention, sorting by controversial at least one person would have already done the math. and hey, there you are.
easy explanation is a hidden hoarde she does not know about lul
it did once moons were introduced.
yeah idk what's going on here. april 2021, ? something's up
totally, my investing record was similary as her boyfriend, and i do not think putting
of course!!! just a little proud moment because i'm new to investing and this sub was really helpful for me to read through when i started!
boy imma be his sugar mama of course
>in the end tbh it is not the end, until you out with cash in your hand. just sayin
this club feels so ... wealthy
that's what you could call the actual emancipation
came to hear to say this is a toxic trait, yes congratulations on your investment but yes also it’s toxic that you’re thinking this way
been there, man. on both sides of the fence.
mama, i love him. just because he overdiversified his portfolio does nawt mean i do not have my faults too
i’m just laughing at the fact that it’s a couple hundred bucks lol.
future husband is the final campion
underrated comment right here
idk but this shit is working my nerves for some reason
fake post for moons, the math does not checks out
before i went into crypto i looked at the state of this sub... i knew you have to have a warrior mindset for this shit after looking at the mess of emotions up in here
it's ~. we handing out medals? i think it is just supposed to be a fun story.
>april 2020 and put in . pretty sure it is april this year. she says her bf only got into it in dec 2020.
amen. so why the upvotes? i literally want to see this women in the flesh
and then everyone clapped
my girlfriend is a lazer eyed ice queen when it comes to money. i am the exact opposite - so much so that i literally just give her my money to hold on to so i do not make terrible decisions lmao. my only financial success has been in crypto, and thats because im trying my best to emulate the behavior she has exhibited. she makes me better every day
i always found it weird that investing was a 'manly' thing. crypto is for all the people!
got my gf into crypto and she does not give a single fuck about the crash, she doesnt even check her portfolio for monthes on end. she is a better investor then me...
i love when i see the crypt-hoes up in here!!!
as someone with two boys and two girls let me assure you without a doubt that the notion that women are the more emotionally driven gender is male propaganda. men are so incredibly driven by their emotions they do not even realize that is what's doing it.
100%. in no world are we the calm and logical gender lol
i know right 😂😂
she’s just a salty ho
exactly what is toxic?
kinda is tho, i feel strangely close to many of you.
i did not ask for advice 🤡
her entire story was crypto related mate, what you on about?
i’m not sure what the point of the post is. i suppose she’s riding a high from her windfall? nothing inherently wrong with that. but it’s heavily focused on comparison with her so and it seems a bit… weird. can’t put my finger on it, but i wouldn’t want to be her boyfriend right now. he’ll probably thiscover this post and get upset. it’s just a strange post. but hey, whatever. internet people gonna internet
>anyways, you both suck. where do you gather all that hate from?
jesus dude you need to get laid
absolutely not. i'm broke as a joke. but my strategy of putting small amounts in weekly since march has ended up with my btc being worth a little more than his current amount because he put in a lump sum when it was high
how do you get your name in orange like that? also what’s your ltc mining setup? i’m just curious. i mine ltc and btc too.
🤣 for sure checks out
reclaim the crown queen!
til moons do us part
i just watched you get downvoted for suggesting that more women get into crypto. the clownery
reddit is gonna reddit my friend
yes, this sub has almost every other dude commenting some shit about his wife's boyfriend etc and its all fun and games, but a woman mentions her bf and every single guy in the comments starts giving her relationship advice 🙄 she did not ask. congratulate her on her crypto gains and move on, like you do with your dude bros. it's not that hard.
uhm i do not think wireless access ports are supposed to be wet?
when i was growing up my parents called every gaming console a 'nintendo' because they weren't invested in the hobby. likely the same situation here. op probably meant 'different coins' not different 'bitcoins'.
unless those coins have 'moon', 'safe', or any reference to any breed of dog or cat in the title.
he taught me how to get in for sure!
we are going to buy our dream house with this money one day!
i am literally telling you the opposite and to take a slow and moderate approach but go off
he kept trading it all
you gotta love reddit
like someone who has .007 btc
you can just tell she is ugly from this post.
i have not said a thing because the real tea is that i plan to keep going for the next 5 years and then tell him!! because i told him from the start i believe in dca
that's exactly what happened! we learn from each other!
dogecoin has been around for a long time and is one of the top pow coins. i wouldn't shill any coin to any person ever, but owning dogecoin definitely does not mean someone is not intelligent as you say
why the hate for doge? it's made a lot of people a lot of money. isn't that what we're all here for? live & let live.
yup, doge is like iq test alrite
omeeeeega, wrecka, and tick??!
i feel like i need to get him to comment to prove that we are chill lol!
big bags busting out the bentley bentayga!
no plans to sell!
i only look when i'm putting that sweet dca money in
i'm buying him one for his bday! maybe i should get one too !
pulling out my credit card
feel it and use the power!
if i was not clear in this i think its awesome you're doing well and not pressing it in others faces tho maybe i think you should press your bfs face in it since he seemed to have done it to you.
he delegated me captain of farming moons since he does not like commenting on reddit. i am just doing my duty!
he invested into like 20 coins . i am specifically talking just our differences in btc strategy!
i'm starting slow and building my portfolio one coin at a time because i do not have a high income
bce (big clit energy)
right now i'm using cashapp because i get bitcoin boosts using the card and then once i get to a certain amount i'm going to throw it into a ledger!
we are definitely on the same team and using both of our gains in the future for a fat vacation or dream house!
by we i meant ... the market. the huge bull market we had this year meant ... collectively
i will continue to dca to lower my buy in
here's a joke! what has four wheels and flies? a garbage truck!
queens supporting queens out here! i believe you most likely are!
i read thinking fast and slow, went through all the top, and learned about the basics of btc and eth from various media!
it's really getting to the point where talking about different crypto investment styles is a call for divorce and a restraining order. good lord!
omg tell her to message me if she ever wants to talk crypto!
yes ... he genuinely did not think it was a scam
by 1 coin i meant type of coin! should have specified that. he has 10-15 various coins in his portfolio and i am starting by building up with 1 "coin"
he knows ❤ he is laughing at all the comments saying i'm a huge bitch right now . you'll get your crypto girl soon. you sound like a respectful guy
it's the one that made the most sense to me to start with. next venture: ethereum
i really want to get into nano!
just made a comment a few above on how i learned! if you search through the thread it is in here!
my advice would be to put small amounts in during significant dips to lower your average and hold. worked for me!
that's what i thought! but people gonna read into things no matter what
i only have like 300 dollars in do not worry my head is still small. 🤣
guys. it's not that i have one bitcoin. i am investing into one coin versus diversifying my portfolio between multiple coins. i've explained this several times
where do you see this? her bf started in december. how he has 10-15 idk but she started well before december 2020
i have 300 total in. don't feel bad.
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is this where i say confirmation bias confirmed?
all studies show that women make better investors than men for reasons like this - men tend to swing for the big wins, make aggressive plays and chase glory... whereas women make steadier, consistent, smarter investments. congratulations on your gains!
why wouldn't i? i plan to put money in every week so it does not matter if it is high or low
does he know your username?
and hopefully the diamond ring soon 🙈
i do not think you understand... i'm dca til i die
i'm scared to post on this sub so having this reaction was a shock 🤣 when i have my porsche (not a lamborghini) i will update yall!
there are more of us out here. never give up on finding your moon queen!
1. this is our fun money so idgaf how he handles it 2. he makes a shit ton more than me and as long as he pays bills (which he does) he can do whatever he wants 3. i've said his portfolio is larger than mine frequently and this only regarded our btc strategies over a short time period 4. fuck off
what if i told you i teared up reading that?
thanks friend! i know the post may have been worded a little braggy but hey i was excited this morning when he congratulated me! thanks for the positivity.
she sounds dope lmao! people on here are thinking crypto is my whole life but no ... i just wanted to say i'm proud of myself for being at the same level as my really smart boyfriend!
interesting. could you provide me with a link to the source of this research? i'm more inclined to believe men take more risks when trading, as well as more inexperienced men then women diving into investing head first without doing much research compared to the women who are investing, along with more men on average investing then women. so i dont know if this would be telling the full picture
so he really doesn’t even own some of his crypto? you should tell him how “cute” it is that he pretends to be an investor.
even more of a reason to sell him 😈
watching charts every few seconds is far dumber than incremental investing in any space crypto or stock. as someone who’s traded options for 10 years watching charts is far down on my list of important metrics. sounds like your boyfriend caught the couch trading bitcoin expert fever. in fact you’d be better inclined to buy more aggressively on large dips due to generally accepted theories around mean reversion
dont tell him about safemoon.
you should leave him (not financial advice)
why tho.?(i do not trust them anymore with my crypto assets)
checking all the red flags 🚨, be on a lookout sis
lmfao!!!! a legit robinhood running joke! it’s funny how now if somebody uses robinhood that they appear inept.
omg break up already
wait till he finds out about 💧🚀
🤢 robinhood... im gonna be sick 🤮🤮🤮
🤦‍♂️🤦‍♂️🤦‍♂️ did he learn nothing from the gme fiasco? did he even do any dd? like... seriously. i get it for a starter stance but move to exchange or learn how to use swap. sheesh.
he uses robin hood for crypto??? that’s crazy. you don’t own it and can’t even use your crypto in robin hood. why???
this whole story is a great example of why women should be running this world instead of men, props to you op.
i'm telling everyone. how embarrassing.
obi won has trained you well padwon.
what are you using to store and trade? i’ve been wanting to start for years but i can’t figure out the cheapest, safest option.
you are years ahead of him in terms of understanding the traps and psychology in crypto investing in only a few months time. well done you are obviously sharp!
rh ugh...but you girl are fire 🔥🔥🔥🔥🔥
you might be the one carrying the relationship
get rid of him.
...of course he does. lol
oh shit, man screw robinhood, i want to be able to own and control my crypto and move as i see fit. i left robinhood for good in 2019 when it took almost 2 weeks to get the money from stocks i sold. 5 days or so for robinhood to allow me to withdraw, another 5 days or so for the bank to confirm it was legit, then add in the weekend days that dont fucking count.
i love this post. my husband would never listen to me about stocks and coin, then his boys were into it and suddenly he gave a shit. whatever he would tell me, i already knew and i’m always ahead of his boys convos. i love showing him up. lol!!! healthy competition. we been together for 21 yrs, so all these amateurs worried about you having a “toxic” relationship don’t know how relationships work. health amounts of toxicity is foreplay.
je deserved to go to the trash then
just because a person is passionate about something, does not mean they are good at it. he should actually be proud of you because your success is his success.
people here saying you should dump him because he’s toxic are wrong…dump him for trading on rh
paper handing robin hooder...lol you got a keeper, and once you're married you can find a nice boyfriend through reddit!
pretty classic noob with too big of an ego
you just bodied your man.
two things one massive congratulations you did your homework along with being prepared for someone just to happen mentally and financially. secondly his approach can lead somebody to go mad thank goodness he has you around to show the other ways to make money in crypto or to not lose your ass at least.
and he has the audacity to mock your tried and true method of dcaing into the market, oof.
jesus what a noob where do i find crypto girls so rare hahaha. that username tho wth kinda cute
still on robinhood? i thought you were his girlfriend not his caretaker.
wait, do we have the same boyfriend? 😂😂😂
thats a deal breaker. period!
he’s a meme then
okay that is the point to toss him out 🤣 (jk of course)
dump his ass immediately! friends don’t let friends use rh!
can't believe you just told this sub that. oh boy he better delete reddit.
trading crypto using robinhood is like asking for pizza at mcdonalds
grabs popcorn - tell us all the tea!!
we... we do not do that anymore
you can do better
it's not so weird to invest in crypto on robinghood. i've had money in my rh account from selling stock, and put it into crypto over the weekend on rh because i felt like btc or eth would go up and the stock market is closed. then sell it monday morning when the stock market is back open and buy into a stock, rather than just let it sit there. but i wouldn't buy crypto on rh for a long term hold. that's just stupid.
don’t wanna intrude but that sounds like grounds for a breakup to me
homegirl out here trashing her boyfriend on reddit 😂😂 dude deserves it though if he is using robinhood. get that man a td ameritrade
i laughed at this comment
sounds like he is only worth a few satoshi
tbh does not sound like you'd get much for him!
you date someone that uses rh ?? 🙀
what in the actual fuck
why the fuck would anyone still use robinhood after all the shit they pulled in the past 6+ months? that is on top of the fact that you don't own crypto through robinhood - you "invest in the price" which is just about fucking worthless if you ask me. not a lawyer but that sounds like a backdoor built in to say "well it was never yours anyway" anyway, great job and this is a textbook example of why you should pretty much never go all in on an asset, especially an extremely volatile one. i rode out the crash and bought more. on one hand i feel kinda dumb because i saw the crash coming months ago and easily could have sold high and re-bought low but my plan was to buy more on top of what i already had so i did. as soon as i saw eth pop over 4k i saw the writing on the wall lol. oh well. hindsight is 20.
ok. i was open to understand his view of it. but buying on rob.you.hood?!?!?! go buy a new boyfriend with the staked crypto you'll earn.
no, cuz after i pump him and he’ll dump me 😢
pancake swap. just trade him in for dogecoin
that’s cuz it’s hot girl summer rn fam
i’m sure she’s considering her options...
options are good if you want to get liquidated hahaha
where does one buy options in the crypto world? they are kinda my jam rn in the ol stock market.
how’s the weather down there?
to everyone upvoting “dont listen to anyone else”….you’re fools. listen to others, but also think critically.
and avoid anyone from wallstreetbets like the plague! they’ll tell you to hold so they can cash out leaving you broke.
>don't listen to anyone else especially that anyone is from r
came to say this. even if she had started in december with her 25. even if her btc went up 300% she could not have passed 2k in btc. so either her bf did not put a "a large" sum in like she said, or large means something different where she comes from. edit: apparently that large sum is 500...
the response is in the comments i've said the same thing a few times! he put a lump sum of about 500 into a few different coins (btc included) at around 55k or something ? i started and have lowered my average.
bitcoin maxi trying to get people into bitcoin.
...and we'll keep waiting
that's moon farming with tractors
thank you for your service good sir. may my 1 upvote give you thousands of moons.
you really think someone would do that? just go on the internet and tell lies?
starting to sound like a fake story imo lol
there should be no such thing as "women in crypto" or "x group in crypto". crypto, finance and markets are open to everyone. women having an interest in these things should not be an obscurity. teaching yourself and doing your own research is a matter of personal effort. if we want everyone to be equal, let us stop recognizing differences. otherwise accept the differences and embrace them.
exactly, if i ever hear a sexist comment about women and money management ever again, this post is the perfect anecdote to shut them up for at least long enough for me to cut them out of my life.
how is it female empowerment? replace her with a gay couple or gender reverse the story then it is what kinda empowerment is it then?
this sub is shitty towards women sometimes, so whatevs.
probably it’s just men shout louder.
even if it’s true, why are we applauding her? i’m all for women being smart crypto investors, but putting that aside, this is just a chilthish post made in bad faith. it makes more sense if she breaks up with him and then makes the post. still chilthish but it’s understandable.
op is probably not 24 either
math works out perfectly fine. "around april" is when she started putting in . at the very most (13 weeks) she has . the "crash" happened mid-may so she also lost out on a good chunk of her money. the price since mid-may has been consistent so the . of the 'd be surprised if she has anywhere near . as for the boyfriend even if he only invested (even at the peak) it would still be worth almost . so yes, the math checks out
didn't specify what coins ;)
i did not mean to diminish your accomplishment. i was just wandering what your boyfriend did in order to crash his investments by this much. anyway, never give him control over your combined assets .
set it for thursday if you can. everyone goes crazy fridays and the weekend bc that is pay day.
and for me, the market crashes immediately after i buy in (stocks though). this is even after a clear dip, and it just crashed even further. 2, and losing a fair amount because of that.
i second this. i'm new to this investing stuff and have been soaking it all up like a sponge. i jumped in too early with too much. i started to just dca and now my portfolio is stronger. still down, but gains faster.
dca removes timing the market from the equation, if you can find a nice low fee deposit exchange its the best strategy for most people. i like to buy 1 mbtc whenever it dips to us,000
i can think of a few times... enron anyone?
what exchange are you using? coinbase pro is only 0.5%
that hits where it hurts
if you stay away from the mainstream cb app and use cb pro, it’s a flat 0.50% fee for anything under . maybe less if he’s buying via regular cb app (of course, they might not be using cb!!) despite the “pro” name, it’s free and no added expenses. buy, withdraw or transfer to a wallet or custodian like “regular” cb as soon as the ach clears if you fund from a bank in fiat.
what exchange do you use?
love me some crypto fanfic
post claims thousands were put in in the original comment and then she has a comment saying he put a lump sum of . none of this is noteworthy.
yeah so according to op (she replied to my comment), basically her bf has 3k invested mostly in eth, which was 12k at some point. this does not make sense, even if her bf bought eth at all time high, it shouldve only been down ~50% (6k). yeah so math does not check out.
feeling cute, might dca later.
>this sub was really helpful for me now i know for sure this story is 100% fake
minus 20-40% for the tax man 🌝
honestly, i wish i could be a bad bitch.
everything from "i did the thishes three times this week and you only did them twice" to income thisparity, to who works more hours, to who took the dog out last... i had serious problems when i was young with things being "fair" and keeping score with my partner. gloating when i was right... etc... it's toxic. if i'm overstepping, i apologize.
meh, you can love someone and still have toxic habits, like posting about how you beat them on reddit maybe? don’t really know, don’t really care, you do you, best of luck and congrats on the solid investing strategy!
and no, it is not because you're a woman. (sorry to reference a deleted comment) i'm a man, mostly, and like i said, i've ruined good relationships trying to be "fair", "even", etc. everyone comes to a relationship with their own strengths and weaknesses. i just saw the tone of the post, and saw myself in it. the "i was right-ness" of it. sad memories of things i cannot get back because of that exact thing... sometimes when you get older, you see the mistakes others are making, and it is not the easiest thing to bring them up. i meant no thisrespect. and if you came to reddit to gloat anonymously rather than shame his decisions in person, then you're a step ahead already. although, your need to tell us you were right means you're communicating with us about your relationship rather than with your partner. i'd congratulate you on your investments, as would most people here. do you feel he wouldn't?
it’s interesting that you always see women jeering when they surpass their men and it’s always met with celebration and corporate ridicule, but you very rarely will see a man openly belittling his wife for sucking at something. and if you do, there is generally swift social shame brought upon him by those in observance. …and yet, it’s the women who are “oppressed” 🤷‍♂️ i’m sure it’s somehow the “patriarchy’s fault.” cuz that’s how it works; the group with the “power” is so often the same group that somehow finds themselves with the underhand and are also to be blamed for it.
you're fuckin' lightyears ahead of like 90% of this sub. keep it up and we'll see ya on the moon!
a warrior mindset? it's just some money it am not that deep unless you yolo all your life savings. also bragging to internet strangers that your bf fucked his portfolio but you did not am not it chief
that is how stupid this story is lol. i thought she meant 2020. my head hurt and i read it like three times. she must think people here who have been following crypto prices for years are idiots. and apparently a lot are as this shit story is commented on and upvoted thousands of times. i love crypto and like this forum but this kind of trash imo takes away from talking about coins, valuations, bull-bear runs, recent news, restrictions, events, conferences etc. instead bad bitch girl buys relatively small amount of crypto and watches he bf lose all his money as she gloats is big stuff.
i love the positive stories i'm reading about women in crypto here!
crypt-hoes... so goth! :)
woaah not too close there buddy boy!
he might be intimidated because there is a girl.
please no, he likely doesnt understand what contraception is and we dont need more of him
>you are right that is how much i have. he did not fail. i did not fail. i was proud of a minor accomplishment for seeing how dca can benefit when you take it slow. that's it. i was pretty much thanking the sub for the help. weird how your post does not have a single thank you in it. looks like you just wanted to flex your small gains while also feeling big that you one upped your boyfriend to me
hey 10 bucks today is 100 tomorrow you never know with these shit coins
he's really bad at this then. even with alt coins he should currently be at least double his initial investment if he bought in last december.
i have 1 full btc
i am very ugly
you said it not me lol
so assuming over the course of these 5 years you both keep the same strategy your bf will have invested way more time, emotional energy and brain usage by trying to time the market then you will have by time in the market. keep believing, i also believe dca and hodl is the way :)
does he follow you? go get him yourself 👍🏻😁
you too, thank you:)
it’s a joke op hence the ending. the second time i read it i understood what you meant
ok. good luck with crypto become a more valuable *asset in the future. i suggest diversity in investing but i’m not a good example so i’ll see myself out
i will do she uses imgur more than reddit tho
i feel ya. i’m currently doing ravencoin.
do you need help? i and many others use kraken or binance to acquire nano. you can link your bank, or just buy bitcoin elsewhere then send to the exchange and trade it for nano.
what a brave soul you are to make such a reply. god bless your little heart. maybe one day you'll work up the courage to be a real boy instead of an uber l33t meme lord 420 no scoper!!1!
can you explain why you removed the line about telling him not to invest in tether immediately after i pointed out that tether is not an investment?
yeah, she got even later, in april 2021. so, yeah, , lmao. either op got the dates wrong in the post, or it is bullshit
you're goddamn right there is not one at all, because this whole post is complete bs, you karma farming whore
this ho dawg. i can’t. like who tf are you? are you banking on these random shit posts? idk why you bother me so much but here we are
so you're playing a long game? yes?
well it looks like your fears were unfounded 😂 looking forward to the porche update anyway 🙈
moon queen haha i love that
keep farming karma you thot. you put in fuckin close to . if anything you are barely in the green lol you suck. lmao at this train wreck of a couple you might want to find the nearest soup kitchen at the rate you're going.
dollar cost averaging for the win 🚀🌕 otherwise i'll 10. ...sorry still traumatized from 2017
with sizing that small any fees incurred will eat a sizable chunk of potential returns.
it’s a good read
i said some! he also has a crypto.com card... very strange investor i swear
what a great username
yup the op should trade her boyfriend in for more btc or eth.
i personally watch charts not because of their value but more like when you open your fridge several times even when you know you didn’t add anything inside
i have my phone next to my monitors showing the charts. that way i can keep up with the prices while playing the witcher.
only tell your biggest enemies
still waiting for the rug pull that has not happened...
this actually financial advice
i've told my coworker about why robinhood sucks for crypto, but he still insists on using it cuz it is easier. everytime we work together i give him shit about it, so maybe he will get it eventually lol
probably cause some people just want to make money off it and not actually use it
humanity is doomed my friend
yes!!! absolutely agree. thank you.
it's the youngins and the singles lol. thanks for the nice comment
op's bf is already short, no need.
op's bf is already doing that
sir, have some moons!
yeah if theres one thing that doesnt cross my mind when looking at crypto its "this could use alot more volatility".
op stay away from crack (options)
binance is the easiest one.
if you're in the us there is ledgerx
irony is they probably got into the bitcoin *by listening to internet randos.* what the people upvoting that comment really think is *only listen to people that say what i want to hear*.
never wrote a truer line!!!
they did the monster math.
if he got in in december, bitcoin should have been about 20-30k from early to late
you said a few thousand in your post. which is it
not sure why you feel like a bad bitch when you bought btc from 60k down to 30k and it has yet to bounce, you must be down money unless you managed to invest it all at the bottom lmao
i'm not trying to overstep here but if you're looking at ... you can build real wealth off a relatively modest salary but we're talking being able to invest around 400 to 500.
yea, seriously? just to earn moons? come on! don't you believe in humanity?
alarm bells where going off after the first paragraph. fake af.
absolutely agree, which is why it is so weird for op to be emphasizing the "i'm such a bad bitch because a showed my man i knew better than him" thing.
we can say that, but its not women pointing out the differences thats causing issues. women are regularly pushed out of conversations and spaces concerning finance because there are men that believe women do not belong there or are not capable. it reminds me of video games, honestly. women show interest and are shut out and then everyone goes "why are not there more women doing x thing?"
you know, women generally managed the household's money up until very recently because they were the ones spending that money on groceries, bills, etc. there's a reason "home economics" was called that. the stock market has tended to be a sausage party, as are most other gambling dens. people obsessed with making money and being the "bread-winner" who are failing at it, start taking wild risks to "win". or it is people with that same identity who just do not care to do anything else and find risk-taking in a field they already dominate the only joy left to them. women do not tend to become degenerate gamblers trying to call the future as much as men do, unless they are actual fortune tellers lol
> of course we have crypto you tards. i want to be financially free from everyone. that r slur seems unwarranted to me, do not know where that came from but yeah absolutely, get that bag girl.
"gender" empowerment kind of empowerment.
she sounds young and dumb like many people in their early 20s. no offense 20 somethings reading this, you’ll agree with me in 10 years lol
he tried to swing trade a bit too much i think. he's good with savings but he let his extra fun money get him over emotional. that's all. i appreciate the comment and thank you for responding so nicely!
i personally like sundays more than thursdays
yeah, i'm going to start splitting my previous dca amount to a random day once a week instead of only on pay days. i've literally only been able to buy btc under 40k once this whole time because of my previous dca schedule
i use eth so i went in all at once because the fees are too much. i used a small amount so thats why i did it. don't have enough money to pay for all the fees.
buying on dips is not dca. buying the dips is actually timing the market.
good point. but generally dca in good investments is a winning formula.
network fees are still a thing too.
well it is a problem in here alrite
dollar cost averaging. constantly buying in small amounts so you get the average price over the year instead of a specific price at one point in time.
my issue was not whether the sums were noteworthy. it just does not make since that her gain would be so high on her timeline. but really, what ever. it's reddit. 90% of the site is just bored people making things up.
don’t worry it’s just the daily feel good reddit story.
i'll see you at the salty spitoon!
fuuck. where do you live, in hell?
long term capital gains come on now.
drink with your pinky out... thats how they do it... feelsgoodman
i don’t have anything to add, but i just want to say i really like this comment.
nah seriously if you feel the need to brag on reddit i hope the sex is amazing...
healthy competition can sometimes be a good thing, in a way it can help maintain the passion. the tricky part is keeping the balance in check. same but different, dating someone who supports, not only a different team then you, but your teams rival.
everyone has toxic habits my guy, it’s called being a person
i was just posting a crypto story in a crypto sub i have not even said anything to him about it in a rude way or mentioned . i'm sorry if you're concerned about my relationship but he got me into crypto and his portfolio is way better than mine! i'm proud of him too!
boo! we are scary
that's cute, a full coiner trying to flex on a new coiner. there are some of us who have been here for over a decade, so sit down little guppy, and let people have their fun. this is not a dick-measuring competition, it is just people enjoying themselves and getting to talk about bitcoin and cryptocurrencies with other people
but you thought it first!
good luck with your investments as well!
lol okay. the tone of most comments on here made me assume that even that was snarky haha. my apologies
and maybe one day your butt would not hurt all the time. any replies you make just give me more to work with. enjoy that high road on your high horse! sorry you're so saddle-sore though.
i worded it wrong and you're right. i was kinda high when i wrote the post and you definitely pointed out something i worded wrong. i just have heard and read a lot about tether being something that is risky and i guess i should not have mentioned the thing i know least about so far!
he has a good job:. i'm over here making like 15k so i understand exactly how you feel edited to add he is great with traditional investing and saving but i think crypto took him by the emotions too swiftly
that is a pretty good read. my interpretation of it is that while there are more men in total population investing, when comparing inexperienced men to inexperienced women, the women stick to being less risk adverse. at the some token though, the men and women who are more risky, knowledgeable and more active in the market rather than passive will yield better returns, and based on the article and personal opinion, i'm inclined to believe more men fit into this category then women
crypto.com card is amazing. no idea why he would use robinhood when he can keep his doge on cdc and his stocks with a real broker
where's the problem with crypto.com? great cashback, great apy, good layout, new defiwallet and own blockchain, one of the biggest in marketing an cooperations, a ceo with alot of work made in the past
cdc card is a game-changer for starting to easily live off some staking rewards etc. fucking love mine.
i do not think he is an investor. i think he is just a gambler.
hey but that crypto.com card is actually good i use it.
that card is legit though.
crypto.com seems to charge a shit ton of fees when transferring to another wallet….like celsius for example. they do, or someone on the blockchain, but it seems to be a lot.
low key cdc can be pretty handy, i staked enough cro for ruby £60, the cashback and spotify rebate is invaluable (albeit, staking now £300 is not worthwhile). as for trading, it can be alright but like most app based exchanges, it can be a bit pricey.
i wanna hear whats against [crypto.com]( card? i also started investing a year ago. first got an average 400% return on 40 different etf investments in 6 months while 38 finished with positive and only 2 negative. after i realised all profit i moved to crypto last august and invested in 10 different cryptos, while also using [crypto.com]( as all my purchases has 3% return, and when i say all i mean it. it also have earn and supercharge which gives you an approx 12% apy. sorry but if you have bad things to say about cdc then i cannot really take you seriously as you did not do your study about them.
i do not mean to burst your bubble but you literally just started investing, and with pretty much a very low amount of capital and you're on here talking shit about your boyfriend and his investment decisions, do not get ahead of yourself op.
oh pft you guys own your keys? not true investors. true investors like me go all in only in on... coin hunt world
how does the card work? does it use crypto to pay for transactions or fiat
so do i but hell will freeze over before i buy from them.
it sounds like he’s an investor the same way how some rando can take black and white photos and call themselves photographer.
lol yea "investor" financially inept gambler is more accurate.
are you my girlfriend? fuck. wait i don’t use robinhood tho. phew.
i love my cdc card. every time i buy groceries i get more crypto. the only thing i did not get a return on was a utility bill.
show us bobs and vagene
hopefully you’re also earning interest on your ! 6.25% right now for , %. tried crypto.com and wasn’t a fan.
you got a problem with cro cards? guess your not all that smart then.
crypto card is really good
you spelt speculator wrong .
so your boyfriend invested ,000 in december (prices are still up 2x since then) but you've only invested ? straight cap
she should make him do an only fans. genius!
drudgel, sir, did you hear about this safemoon token? i’m making 1.2x a day!
don't hold your breathe on that rugpull now
yet, time can prove me wrong, but until then im bearish as fuck on it for the long term.
> probably cause some people just want to make money off it and not actually use it this. i use it still in addition to other things rh for is simply to buy the dips and sell the highs. do not make a lot on it(running a small pot) but a few dollars every couple of days adds up. more serious trading takes place elsewhere
yeah, but how can you be naked and wearing shorts at the same time?
make sure to log into your account on the official reddit app and activate your moons vault. you could make a lot on this post, and maybe be able to sell them for more bitcoin one day if they hit large exchanges and blow up in price. they're limited to 69 million, meaning they could potentially get up to some pretty high valuations in the future
can you short other parts or...?
then you’re not thinking right 😎gotta be ready to lose everything you own + your wife
you guys trade options using fundamentals?
no, it is nice to have the tools though 🤷‍♂️
do they work like the stock options ? i have not looked in detail but i did read somewhere that they are not worth it.
"his strategy was to put a few thousand in and watch the charts meticulously every few seconds. i even saw him swing trading and swapping coins" listening to the noise and playing casino style, if he is real, he is definitely down.
post says he did his major buys at the beginning of the year after getting started in december.
as a "house husband" (i hate that term lol) i handle our finances. almost as if it is more about the role and less about the gender
yeah, there are a lot of women that don’t know the value of a dollar. maybe even more so than men. both past and present. future? it’s up for grabs. i don’t know where you got your history of economy but. the word economy is greek and means "household management." economics as an area of study was touched on by philosophers in ancient greece, notably aristotle, but the modern study of economics began in 18th century europe, particularly in scotland and france. so yeah. hell i wish my girl would take over paying bills and balancing our funds. then i wouldn’t have to stress over it or wonder what wild purchase for something we don’t need will pop up out of the blue with no conversation about said purchase. i’m not saying there are not women out there with extraordinary household management skills. my mother was great at it. raised us all alone and kept it all going somehow... i am saying that the assumption that women in the past were the sole managers of money is wrong. that’s just some comic book hero shit that does nothing to speak towards equality. only to force it further apart by way of competing to see who can piss farther.
totally agree. i guess "money management" was not exactly the right term to use. i just know that i've seen plenty of sexist comments on the internet and heard plenty in real life, usually referring to how having a girlfriend
i was referring to op's post, not your comment, just replied to you because i thought it was along the same train of thought.
if she said her partner said that she is not interested in it due to being woman then i agree with you... yet he did not.
>> if she said her partner said that she is not interested in it due to being woman then i agree with you... yet he did not. >?? that's not what a society stereotype means. i recommend reading back what i've written. i did and nowhere did the guy say anything sexist. you read that into it. seems like you see sexism everywhere. if man belittle a woman it is either plain belittlement irrelevant of her sex or due to her being a woman. hence details in the in the conversation. just because a man said he thinks his female partner will not be interested in x does not say he is sexist :) and saying saying, but society! does not make it so either. tldr: you cannot point to text where he was sexist.
is it a stereotype or a statement of fact? or are we pretending now that crypto isn’t 90% men? the sharp kind would be asking why crypto is mainly men, not conjuring up some delusion about how evil woman haters are claiming that women aren’t into crypto.
yeah. it does not make sense to move your coins from the exchange each time you make a dca purchase.
someone did the maths. but seems he invested crap all into bitcoin and went crazy on altcoins. so she may have more bitcoin worth. but overall he should be way up. even adding in this crash he should still be massively up. unless he somehow royally fucked up.
it’s not so much that they aren’t noteworthy it’s that this person is making a large deal out of something that could be accomplished by anyone with a job and an extra 8 hours. one of those things that’s cool until it’s not because you blow it out of proportion and try to get attention for it.
you’re fucking cute, ok!?
he aint getting any
america, so same thing
where do you live that there isn’t a significant tax on capital gains?
that's more bougie than bad bitch
i just have so many stories from my life where competition of any kind became toxic quickly, and i'd say it was at least half my fault. i had a girlfriend who was learning to play guitar and so after a while i bought a cheap one and decided to learn with her. i learned far faster than her because i had a high school band background and she resented me to the point that she quit all together. she never forgave me for that... i had a girlfriend who was an arena partner in world of warcraft. the literal hate we'd feel for each other during matches for bad decisions that affected our ranking ended pretty much everything. another girlfriend grew weed in a tent in her apartment (it is legal in our state) and i wanted to learn how to grow as well. i'm a quick study and when she was not popping the next seeds after harvest i went ahead and did it because she was procrastinating, and then she sat back and wanted to see how well i did. 1 pound on an indoor plant at harvest, and she never grew another plant. it became my chore at that point, and i resented the extra work as much and she resented me taking over her hobby. there are so many more examples that prove to me that people need their own hobbies and not everything, or even most things should be shared experiences in a relationship. it just seems to me that the quieter your boyfriend gets about crypto, the less he wants to talk about it in the light of your success, and the more enthusiastic you get... he may just quit altogether and silently resent you for being better at a hobby he was into long before you started. it will feel almost like a theft of joy. i've just been there is all. tread lightly :) edit: from an old "weirdo" who likes to tell stories to help the kids out there. what's the purpose of being old and still alive if not to help the next generation not make the same mistakes you did?
i did... the importance of her comment is directly related to her attractiveness level
don’t apologize we all having fun here
>and maybe one day your butt would not hurt all the time. > >any replies you make just give me more to work with. > >enjoy that high road on your high horse! > >sorry you're so saddle-sore though. "meme lord only knows memes. that's all meme lord can do. sorry. i was not programmed for intelligence." gotcha.
cdc card is amazing. don't use it as much as i should, but getting free cro just for using spotify is pretty sweet
is their a decent review of that card? i'm loathe to trust it since it is backed by a major cc. but it might be good? idk where to even start with it
crypto.com card is ok. the company is hellbent ok squeezing out smalltraders with their rewards.
i'm not ready to go all in on the market (debt comes first) but robinhood is like a fun phone game i play. started with 'm almost up to . i just mess with it a little once a day. i think that is what its really good for.
yeah you can sell your assets sure… try to transfer out of robinhood… you don’t own shit in robinhood but a ticker symbol. scam just helps institutions short until you sell because buying the dip does nothing.
because purdy charts and ez 2 reed
just made a comment below explaining what i meant! i think it is a good decision. the robinhood is the bad one that is why it is so weird he does both
lmao do not think any of us can get too uppity in that regard
but sir, this is a casino…...
yeah, you should keep sharing your approach with him. he needs logical financial advice.
aren't we all lol
i have high hopes for cro.
the other day a fellow told me it cost him 5 million shib () to transfer that coin to metamask.
three hundred for ruby now. but you get it back so...
i decided to opt for binance card as they give you 2% cb for holding 1 bnb in the app, which is the same as the ruby. only you don’t get spotify. but i use open.spotify.com with ublock so i get no ads.
no i meant it was good! i said robinhood was the dumb move and the crypto card was the good move! that's why i meant its so weird!
it's exactly what op did not do. didn't dive head-first into something op did not know jack-sh* about, instead took it slow and carefully. she did not get ahead of herself. once you've been in it for a good while, you realize that economic success is primarily based on risk management. companies prevail on markets cause their head staff end up managing risks well, and capitalizing on the correct decision. op did not drive head first into an asset and instead tried to manage the risk; and apparently managed it well. may or may not be luck, but it definitely was not "getting ahead of oneself". *point made,* have a nice day.
she didn’t say she was a genius damn lol
the actual transaction is in fiat, but you can top the card up with fiat or crypto.
the devs are earning 5% of each transaction in a different currency (bnb). there's also at least 7 other cryptocurrencies with the exact same token contract (clones). i would not
you d have to ask hedge funds idk
you can’t with that kind of attitude.
well therein lies the rub or rubs the lie...i always get those two mixed up...
the shorts are transparent?
a double entendre, my friend.
that's what he meant
sign my ass up when wifebase exchange is a thing! sell sell sell!!!!
omg like sooooo hot
every star needs an agent :)
oh i've heard it too. generally it is men who'd live in a dirty studio apartment, eating whatever garbage they remembered to buy, and spend all their money on entertainment if left to their own devices. then they meet a woman who is not immediately thisgusted by their habits, and the cleanup, good food, and actually living a decent life costs more than being a young single pig. and they blame the woman for wanting to live better and having less entertainment in their lives.
it's not so much about women being "bad with finances", that is just your own bias talking. but clearly you let your biases do most of your talking as evident by this >no matter how worth it those compromises end up being. you and u-the-great do not get to tell people what a "decent" life is, nor what compromises are "worth" it. but it is funny that you agree with these "evil misogynists", by admitting that having a girlfriend's wallet lighter. you just think it is an acceptable loss.
> if she said her partner said that she is not interested in it due to being woman then i agree with you... yet he did not. ?? i said "society stereotype", do not know what explicitly mentioning it has to do with what i said. seems like you misunderstood, i recommend reading back what i've written.
i think the story op posted and what i highlighted is self-evident and you seem to be misinterpreting or misreading things, perhaps purposefully. in that case, i think i'll just leave you to yourself.
the "24f" bit got a lot of attention here... odd how that was necessary, like this is an old aol chatroom or something. 42m here btw.
i do not think anyone is overly impressed with the crypto itself. so much as the 'hehe my bf' part. but again, it is reddit. the meta comes before the content.
hey man, i’m not sure about anyone else on the internet…. but i just want to give a shoutout to you for sharing your experiences and how they have helped you become a better person. it takes a lot of self-awareness and courage to recognize one’s own role in how relationships fail and to accept the consequences of one’s behavior. quite literally, you’ve seen this pattern play out many times that while it’s not inevitable, you’re well able to see potential signs of it. i think “there are so many more examples that prove to me that people need their own hobbies and not everything, or even most things should be shared experiences in a relationship.” is something that i’ve had to learn the hard way and i agree with you wholeheartedly here. once again only speaking for myself here: thank you for sharing your insight - not only the conclusions but also the raw emotions and how they led to it. these sounded like painful experiences and i appreciate you being open and vulnerable about it on the internet so strangers like myself can learn from it.
hey thanks for sharing. now that you pointed it out i think i might have been guilty of this in the past myself. what do you do then, when you also get interested in your partner's hobby? just not pursue it for the sake of the relationship?
like i said, type all you want, it does not make you look any less butthurt. your words mean as much as mine do, you're just too busy bitching and hoping your opinion will be heard lmao. have a great day karen! go to the butt doctor.
girl i'm fucking living and watching it happen! trust me i understand.
that and free airport lounge access. ಠ_ಠ
i have had the card for a few months now and it has been awesome. it is a debit card, not a credit card. think of it like a gift card. you add money to it with fiat or crypto, and then when you spend the money, you get back a % in cro. right now i only have the ruby at 2%, but the percentage has been higher so far because the cro is increasing in value
the team that works on it is pretty active on the subreddit and any issue i've had has been resolved in a few days. it's still pretty new so they have hiccups but i have yet to be thisappointed. compared to other exchanges the spread is higher but i also have not heard of a binance or kraken debit card in case you need to burn some fiat.
i have the crypto card and absolutely love it! i use it for basically every single transaction. been getting a solid 3% back on all my spending and i'm sure over time cro is only going to increase in value and then i'm actually getting more than 3% back in that case. and all the cro i get back i just stake it for 15% apr edit: i also use them almost as my bank. i put my fiat into stable coins and stake it there earing 8% apr flexible and then just top my card up with that when needed. way better than sitting in the bank getting nothing.
i love it. i also get responses from customer service within the hour. it took coinbase 2 months to respond to me when i had over 100k tied up and lost my authenticator device. my russian friend had the exact same experience, 6 figures locked away for 2 months waiting on coinbase. crypto.com got back to me in 12 mins when i had an issue.
it's fine. it's not a credit card anyway. it's a card with visa purchasing that you "top up" with fiat. with the jade card you get 2% of purchases back in their cro token which reacts to the market like any other coin. you have to stake £300 of cro for six months to get the jade card but after that there is no obligation. you get free spotify.
it's pretty great. it's pre-paid debit card, not a credit card. the lowest level requires no staking and gives you 1% cash back, paid in cro, on most purchases. the 2nd tier requires a % cash back. every subsequent levels requires a stake another order of magnitude higher, and gives an additional 2% cash back, and gives you increases on your interest rates for other coins.
i’m so curious about it but i wonder what a nightmare tax season could be?
what does this mean?
i bought stuff on there before i really got into crypto. i had no idea what i was doing then though. well... i still do not but i know to not buy on robinhood.
i can stop whenever i want. i don’t have to stare at these charts all day, but i choose to! i don’t have a problem! i’m not gambling!
right!? random strangers are the best at understanding other random strangers on the internet
sir, this is a wendy's not a casino
since december i have the 3% one (for the older prices). as i basically pay everything by credit card, i "earn" more than 100(even though my native currency is not supported). the "cashback" i convert to bitcoin every two weeks, which i intent to hodl.
from where? don’t transfer it, just hold where you bought it.
fair play, is not it like 10 bnb for that now? in any case, pretty happy with cdc tbh, as long as they do not pull some bs that forces you to unstake. i also love the metal card tbh, i have a habit of collecting them!
i did a medium dive but it could have been much worse if i'd taken it up a few weeks earlier. anyway i'm not too far down and now dcaing like i should have from the start. and making a profit from some coins which speaks for itself in this climate.
ok that’s pretty dope. thanks!
or those crypto youtubers
united arab amirites, fosho
weather, so hot right now
some people will always find something to complain about and someone else to blame for any trade-offs they have to make, no matter how worth it those compromises end up being.
hey now, do not lump me in with that bullshit. i never said any of that, u. are you even replying to the right comment?
ah, so you cannot point out he is sexist? like i said, saying someone is not interested in something does not mean it has sexism behind it. he could be thinking that she never showed interest? when there are more than one interpretation, people tend to jump to the one they like to soldier for and ignore any others in the arc of that story. :)
i'd say, enjoy them doing it unless it is a noncompetitive physical activity like kayaking, travel, exercise, etc. or do it yourself, but add to their experience, instead of trying to duplicate it. if she is playing guitar, learn the bass. things like that. enter the same sphere, but compliment them. don't compete.
well "it is always sunny in philadelphia" and it is teachings has a lot to do with my development
>like i said, type all you want, it does not make you look any less butthurt. > >your words mean as much as mine do, you're just too busy bitching and hoping your opinion will be heard lmao. > >have a great day karen! > >go to the butt doctor. memer used meme! it was not very effective...
wut? tell me about this.
doing taxes after this sounds like an absolute nightmare!
can you still use the card with fiat if you don’t use cdc for anything else? i just want some free cro lol
binance have a card. just not for paupers in the uk
so paycheck to bank, then to stable coin? then benefit off rewards and staking?
they have the best customer service! this company needs more exposure they are doing this right!
i'd be careful commenting where you are storing 6 figures
multiple corrections. you are talking about ruby. jade is much higher with more rewards. you do not have to stake for six months to get the card. you have to stake to get the card. getting it depends on the load they are experiencing in the country at the moment, but virtual cards are available now, so there is no delay in getting to use the card. you do not necessarily have to top up with fiat only. you can top up with crypto too (not that you explicitly said this, just explicitly explaining it. :p).
it's a reference to all the fees they incur (withdrawal, credit card deposit etc) most can be circumvented by using bank transfers instead though
i do not have an attitude problem. you have a problem with my attitude, and that is not my problem.
no, this is patrick!
as long as there’s cards and chips on the premises, i’m playin *slams down flash drive*
from crypto.com to metamask. there was a reason the person was moving it, i think it was bc crypto.com does not have . i would've just sold and rebought, or at least turned it into a coin that was cheaper to transfer if i wanted to move it, but i do not like the idea of the high transfer fee.
i think it used to be 10bnb, they lowered all tiers in april as bnb price rocketed. yeah, the crc card being metal already makes me think maybe i should still get that one too
did it for the upvotes.
but you literally did >generally it is men who'd live in a dirty studio apartment, eating whatever garbage they remembered to buy, and spend all their money on entertainment if left to their own devices. then they meet a woman who is not immediately thisgusted by their habits, and the cleanup, good food, and **actually living a decent life** costs more than being a young single pig. and they blame the woman for **wanting to live better** and having less entertainment in their lives.
coming from the guy who's quoting pokemon, that is a compliment. bite it, incel. every comment reply raises my self esteem. i know you're red faced and mad, and that makes it even more delicious.
shortest reply you’ll get: all the great benefits require minimum 4k stake in cro … the 8% back card, requires 400k. (stop the minute you drop below, becoming a basic 1% card. better off with citi 2% or similar)
only for tiers starting at 3500€ worth cro locked for 180 days. cro price often tracks btc but not exactly, and it depends how many new users cryptocom has each month. so cro most likely is a shitcoin. more than air travel, i like the 3% cro cashback. for most people i would recommend the ruby tier (250€ deposit, 2 % cashback, free spotify).
i meant the spotify thing
lol i wish. i'm just on the ruby card. the poorest of the cards.
“fuck you i’m eating” brought to you by carl’s jr
cashback is considered the same as bonus from any other card, in my country at least, so it is tax-free.
i was thinking the same thing
yes. that’s how i use it. i guess i could top it up with crypto and it’ll dca my monthly usage over time, but i’ve had it for close to a year now. use fiat to top up, use it and just gather cro in cryptoback. i then send it to the defi wallet to stake at around 14% (11.5ish net) currently. why would i say no to free money, also money that could potentially appreciate? disclaimer: i got into cdc when cro was at 0.07 usd (have been rises and falls since then), and staking for the green. it came out to be around 1500 usd for me, much much less than the current 4k usd required for the tier. but in all fairness, the benefits are good. it is debit, so i do not have to worry about anything being misused. recharging my apple debit card -> transferring to cdc account takes under 6 hours sometimes. i could provide more information if someone wants. disclaimer to thisclaimer: i'm not related to cdc, am only hodling and whatnot, before anyone decides to go all cdc shill on me.
oh nice, canada for the winance
it's not dipped that hard has it?
essentially yes. i can deposit into crypto.com for free. then i purchase stable coin with no fees or spreads. place it into flexible earn for 8% apr paid out weekly. in flexible i can withdraw whenever. put it onto my card when ever i'm buying stuff. usually i leave couple hundred to a thousand on the card. when i'm going to make a large purchase i just put more on. and if i have more than enough savings, i might put it into a 3 month lock up period for 12% return. 1 month lock up is 10% return.
i transfer directly from my checking account and i do not pay any fees that i am aware of
true. but i find it lame that i can best top up my card by converting my crypto to stable coins on an exchange where i have free maker trades, sending them to binance.us, selling to usd, withdrawing via ach, and then sending the dollars to my crypto.com account to top up the card. it should be more efficient to just trade the crypto to usd on crypto.com without all that rigamarole.
no, this is a moon casino!
anything you move from cryoto.com cost a fortune! i tell people all the time to never transfer anything crypto.com. if you buy it there, you better keep it there.
first of all, my wife makes more money than me and has for years. you're lumping me in with that other post about how women "do not know the value of money" and frankly i resent it. it amazes me how i made a comment pretty much talking shit about men and you still frame it as an anti-woman tirade.
but are you a champion of the sun my friend?
>coming from the guy who's quoting pokemon, that is a compliment. > >bite it, incel. > >every comment reply raises my self esteem. > >i know you're red faced and mad, and that makes it even more delicious. another meme?! what?! impossibru
tja, crypto is speculation. the price is volatile, but by and large i'm still ahead.
cro is not a shitcoin. after the burn, it is a limited supply coin fuelling one of the biggest crypto ecosystems ever created, which has an almost unlimited potential to grow. i’m amazed that people consider coins whose project are not even complete as game changers and actual deals like cro and xrp as shitcoins.
you get cashback for spotify, netflix, etc. based on your crypto.com credit card
excuse me, free midnight blue card holder here. i’m the poorest of the cards, thank you v much. 1% cro return on all purchases but none of the cool spotify and netflix stuff. i just got it for the cool factor and have only used it once to cash out earnings for the first time to buy a guitar. will probably not use it again because i’m not looking to spend my investments all the time. love having it though.
my own country hardly knows what taxes are lol
sounds cool, my card offers less percentage back than that and it’s only in depreciating shitdollars so i might have to check it out
given me some good food for thought. i'll read it over on my day off
thanks for explaining all this. i've been on the fence about getting it, but i feel like it is a no brainer. i usually use my costco reward card for everything, but may have to make that my secondary.
wow i think you just unlocked my new banking method. would you at all be up for a dm sometime so i could ask a question or two?
this is the mf way
what prevents you from just selling for fiat? that’s what i’ve done.
chess with a pigeon. sweet summer child. you're just typing things now lol. do you need a friend? it sure looks like it. i have a slow cousin that you'd probably get along with really well!
"we are doing this to protect you" this line said in many different ways across history has always been the result of someone in power afraid of losing that power.
cmon. make an alt and tell us which bank
first rule of crypto is, you do not talk about crypto
why your bank knows your social media accounts? that is your biggest mistake.
i also work in a bank (big fucker, too), and it is the complete opposite. we even have the occasional expert to come in for crypto talks, and our board seems to be very *on board* with it. i suspect we will manage wallets for our customers before too long. sucks that your bank is going a different road. edit: sorry fellas, i will not reveal which bank it is; my boss knows i crypto and reddit and i do not wish to take any chances, however small
you are going to get a call from hr later today
surely they cant fire you for buying something outside of your work which is nothing to do with them, its like saying you cant by any cutlery in case you get involved in knife crime
i love how everything is in the "customers protection" but raping customers with fees, etc... is somehow in the customers best interest. they do not want you investing in crypto because they know people are sick of the banking system and crypto will decapitate their power.
technically at least in us law written documents to not fall under the “talking” and that incredibly obsessive. i’m sure they are breaking some sort of law since they should not be able to restrict your personal finances nor sprang especially off hours when not on the clock. if you are a company spokesman or do thier social media or they had you sign an nda (non-thiscolosure agreement) that would be a different kettle of fish. i’m not a eurpoean lawyers and the country you reside in in europe would also make a difference. also i find this incredibly hypocritical since a bank that large is probably having a subsidiary buy digital assets. out of curiosity have they ever made you sign any other documents about where you can or can’t buy land or what stocks or bonds you can or can’t buy? or anything about art or reproduction and or collector items cuz if they haven’t you would have much more solid legal case. even though the first couple are regulated. those last couple art forward are not.
idk about illegal but definitely wrong af. i'd quit immediately
100% it is sparkasse in germany.
its starting guys, they want to stop it but they cant stop it. these are desperate moves from banker scums
i am pretty sure a company cannot control what you purchase that is legal to purchase within that country. at least in the eu this is the case.
update: so today i talked to the union workers representative who did... literally nothing. he snitched me to th hr 😂 i talked to them and they said they never forbid me to talk about crypto, they said i just cannot talk in a positive way about crypto with people who know i work in the bank. also, if online there is any information that i am related to the bank (for example on linkedin) i cannot talk about crypto neither. they said i signed a paper that i would never promote any financial activity outside my job. about trading, they said i'm not forbidden to buy crypto. they blocked all employees account in order to protect us because a lot of people lose their money because of crypto, but if i want i can just sign a paper where i take responsibility for it and i'll be able to send fund to exchanges again. they also said when crypto will be declared illegal (when? lol) i'll have to provide them proof that i do not own them anymore.
why are banks telling us what we can and cannot buy? why do i have to ask permission to use my own money? because, your deposits are a loan to the bank. . .just more reasons to buy, hold, use crypto.
i'd get a few potential jobs lined up, then buy crypto with the account from your employer until they fire you, lawyer up and see where it goes.
would your big bank in europe happen to have ties to any money laundering in it’s past? 🤔🤔🤔
wow, is there any kyc process or something before buying crypto? ( we have it here ). if yes cryptos can be easily traced back to you. though your bank wouldn't have access to that information i guess.
take your wealth to a different bank.
you are human not a piece of property. apparently, they need to be reminded to stfu.
i scrolled a long way down and couldn’t see anyone actually answer your question, so i will start. first there is not really such thing as “eu laws”. member states have their own law, but members have to incorporate eu directives and regulations into them. so you need to tell us your country (but i understand that may give away the bank) to really answer the question. there will be a hierarchy of law, starting with country rules, to deal with this. that said, ultimately the eu fundamental rights and freedoms will come into play. these are more fundamental laws, and every state has incorporated these: on this basis then i would say yes, your bank is probably in violation of this law and their threat is unenforceable. under article 17, you have the right to own any lawfully acquired property. so if in your country it is lawful to buy crypto, you cannot be punished for buying it. further article 30 protects you against unjustified thismissal. usual ianal but i have worked in the european banking and fintech sector for 15 years, covering innovation and european legislation.
this is why some of us fight so hard for free speech. it starts out as something the majority of ppl don’t like. then the definition of “hate speech” gets broadened. then restrictions expand to something else. this has played out time and time again, yet we never learn. “i wonder if they are breaking any laws?” you really think your govt actually cares about your free speech rights?
maybe your hr is allergic to crypto 🤔
my bank would not let me deposit on crypto exchanges and i'm just a customer. had to open an account with a different bank just for my crypto deposits.
sounds like they realize the possibility of their entire business model getting replaced by lines of code running on a cryptographically secured decentralized network and are scared.
i bet at some point it comes out that the bank as an institution has been buying crypto.
whenever you can see fear in large corporations, you know something is working.
i can understand why they wouldn't want you or any associated with them talking about it. saves them from having some wild card using their name and shilling bad advice online. here where i live people have been fired for online posts even on their personal accounts. laws vary from place to place but my country seems lenient on most stuff so i'd gamble they are not breaking any laws. also when you get hired you normally sign alot of paperwork and in there is fine prints about how you'll follow all company policies even at later dates when theyre changed amended or added. i doubt there is anything illegal going on, i do not agree with it myself though. would rather work and personal stay seperate.
they’re shitting their pantaloons and skirts
this feels the beginning of a sci fi novel. it only goes downhill for bankers from here. just wait for act 2
i know a few folks who work at banks, own crypto, but wouldn't admit it or talk about it to their colleagues. i guess it is how their peers may look at them.
are they forbidding employees from buying crypto, or just forbidding employees from transferring money, through them, onto unregulated exchanges that don’t have kyc rules and such? for instance, if you buy btc through a different account legally and nothing shady, would they move to fire or reprimand you, or is it just they don’t want their institution to transfer money to unregulated exchanges? i can see why they don’t want an employee tweeting out to the world about some shitcoin that turns out to be a scam, and how that would turn into them not wanting to police it on a case-by-case basis and just making a blanket statement policy “no promoting any crypto or exchanges on social media” since it’s easiest for them that way. if they literally forbid you from even thiscussing in any manner, or buying through any legal means, that sounds very sus though.
quit your job, fuck banks and fuck yours in particular
very bullish. love it when banks show how scared of crypto they are
i worked for a large us bank for 10 years. have similar limitations there as well. its not unusual
i wonder what will happen with crypto
this is the war against the bank system. banks have to die.
please stop using the £ or € or $. we have noted it has been used by criminals, frequently in large scale money laundering projects. we are doing this to protect you. your salary will be in paper clips. and your bonus will be in the form of a standard usb3 pc mouse.
imagine a group of people powerful enough to tell you what you can and can’t talk about on the internet, and what you can and can’t use your own money for
this is why banks will lose.
well i can see how they don’t want employees to talk about the very thing that will replace an extremely large portion of their industry.
europe has the strictest libery rights i.e speech and expression. the order will not stqnd if questioned in court.
your employer can not regulate your private life. you have the right to a private life. unless you enlist in illegal activities and get caught, arrested or convicted, your boss pretty much has fuck all to do with how you spend your time off work. so unless trading, owning or trying to access crypto is illegal in your country, there is nothing your employer can do about it. as a bank they can forbid transactions to crypto exchanges i guess, but they can not forbid you from having a second, third, or how many bankaccounts you please, with any bank of your choosing. if they would fire or sanction you over any of this, their claim wouldn’t hold in court. also, if cryptotrading isn’t illegal in your county: blow the whistle on this shit and leak that communication to the press…sit back, watch the backlash hit and enjoy the pr worms trying to do damagecontrol. fucking fascists
how your employer can control where you spend your money? damn!
they are trying to keep us down, but the genie is out of the bottle.
sadly, i think when you look into the laws, you will find that financial institutions that are subject to regulation do have all sorts of additional requirements that other organizations simply do not have. they may be well within their rights to not want to be associated with "unregulated" financial instruments. and their linkage of crypto to criminal activities may be over the top, but they are not going to change it just for you. it sucks, but your only choices might be to fully comply, or continue to work around their regulations and risk getting canned if they found out.
time to find a new job. you don’t need that negativity in your life.
they cannot forbid you from buying crypto
remind me not to visit your bank
is the bank where you work called gringotts... ??
can't talk about birth control if you work for the catholic church. lol. ' on a more serious note, employers can and do fire you for posting stuff that are contrary to or antithetical to their products, services and policies in social media where people can identify you and. obviously on facebook everyone needs a real name and that is an issue, however, no one can track that here. ' i understand that policy about social media though, unless you are anonymous you are literally advocating for people to take money out of banks and you work for one. ' i do not agree with them firing you or censoring you, just explaining where it comes from. ' now about not buying crypto and blocking your accounts, tell them to go jump. like you said, they cannot control you from getting another bank account and in all honesty i would not want my employer to be my money keeper ! i would not keep my money where i work at all. imagine having a thispute as a client and needing to complain to authorities about your bank fucking you over with illegal charges for example where they are your employer and can retaliate against you!
to protect employees, and lumping anything the company does not like with racism or violence (key phrases). i'm glad to see our american corporate ethics being applied overseas. i thought we were the only ones that insane.
i just love how employers think they are paying for more than just their employees time. someone needs to let these guys know where they exist in the food chain.
how the f\*\*\* can an employer dictate what it is employee can or cannot own privately???
hilarious that they are equating racism to crypto. very bullish news. glad to see you’re still buying crypto. viva la resistance 👍
most to all banks in north africa and middle east officially forbid dealing with crypto, they regularly send emails and text to customers warning them from crypto using the narrative "its unregulated and we, central bank, cant protect you from fraud because we dont control it" some cb ordered local bank to block any related crypto transactions from cards payments to remittance
blegh this is utterly ridiculous. i am really starting to hate banks. in the netherlands where i live, banks charge us negative interest if you have too much savings. they say they are paying too much to store their money on the ecb but simultaneously have the biggest offices and most expensive cars in the whole country 😂🙃
so are you the inside man who’s going to break the banking system from within?
the day my bank forbids a transfer, i change banks.
they can’t tell you you’re not allowed to buy crypto. they can go fuck themself
i was at a trade show last weekend and there was a bank table. i asked what their stance on crypto was... they started laughing. i laughed to, and walked away. :) i think we were laughing for different reasons. i might have mentioned that when the public mind finally understands what crypto is... banks will become relics.
oh no, the horse carriage is afraid of the automobile, i wonder why.
this reassures me i am on the right path. to the moon!
i heard this is common over in europe. i have a friend working for a swiss bank and they have the same rules… if my bank ever do this to me, i would close the account and transfer everything to another more crypto friendly one at once.
my bank talks about it all the time! got one of the checkers involved and she’s been making a killing, my branch loves me
i would quit in a spectacular and loud fashion. but i'm an asshole like that.
i do not know where you live but in a civilized world your employer has to stay the fuck away from what you do in your private life as long as its legal. this is fucking illegal where i live.
sounds like worry to me! how anyone can tell you how to spend your money is beyond me though. i'd be finding another job!
banks - the new blockbuster.
holy shit that is bullshit! they are regulating behavior that is after work and on your personal time. they are acting like they are your corporate sovereigns.
by the language used in your post, i think i know what bank you work for, as i used to work for them
time to switch banks
my bil is a regional manager of bank of america and he said he his strongly thiscouraged from buying crypto by his bosses for the same reasons as above. he also can’t gamble at a casino because his accounts are monitored.
someone gave me some crypto and i am now a leader of the criminal underworld
i'm an engineer at an investment bank in the united states. all we do is talk about our crypto holdings...
\> to prevent this situation, the bank said they would automatically block our accounts from sending money to crypto exchanges. that sounds extremly illegal especially in europe with strict privacy laws but i'm not 100% sure.
my bank does not allow me to buy crypto. when i asked them why they told me it is to protect me from scams. i run 500k through this bank and they told me to find another bank.
banks rightfully fear crypto.
hello, we are blockbuster. do not talk about netflix. you must not use netflix and must not talk about netflix, for your protection, of course. you might get hooked on weird japanese animations.
i work at a major investment bank and we do not have any such problems here. they are well aware that my previous employer is a crypto-related company, that i operate a crypto-related side business, and that i trade crypto actively. everyone is fine with it.
>i wonder if they are breaking any law, is there someone who knows anything about european union laws? ianal but judging from this similar case, it seems to indeed be illegal: even in that case, where the bank argued that the information the employee shared on social media directly hurt the bank (which is clearly not the case simply by talking about crypto and not the bank at all), the european court ruled that it was not grounds for thismissal.
the are seeking a new world order, it’s fright in your face
sounds like your employer needs to mind their own business bro...how tf do they have a say over what an employee does off the clock?
i worked in a bank in the software department in the us. all we talked was algo trading and cryptos.
sounds like a fucking dictatorship...
the laws do not matter when it comes to the banks so no. i watched "the big short" yestetday now i finally understand how the banks screwed us in 08 and resumed screwing us not long later. cdfo? something idk its actual crap those stopped after the crash but at the end it says the banks now offer bespoke something something. which is basically cdfo whatever that crashed us first time ruining a generation my generation. now they are bang at it again. they are scared of crypto i saw an article last night saying the un has said crypto could be great for a sustainable economy and could help climate change which i havent a clue about either. i saw that article and put whatever i had left in my bank into my wallet. and its been on the up since. crypto news this week has been pretty good i think.
are you sure the ccp hasn’t taken over your country which they’re attempting to do with us in the us?
was at a talk with a jp analyst and he said the same thing.
just wait until you make millions off of crypto, then you can quit like that one goldman managing director.
"i'm sorry, i thought this was america." -randy marsh
im an advisor for a brokerage and they do not allow us to buy crypto as well as select stocks and etfs. i'm also "not allowed" to do trades anywhere else. for conflicts of interest reasons. like giving clients advice but then thiscretely going against said advice. that being said i do have a trading account to buy and sell stuff that is restricted like a crypto portfolio etc
can't stop the inevitable!
your employer is intrusive as fuck.
banks see the big picture and the future without the need for banks.
i work for a bank too and they haven’t told us shit about crypto
fucking companies sucking each other's... privates. the so called "regulated" marked you can see in superstonk is corrupted as fuck. as they say on who's line is it anyway - welcome to the regulated market where the shorts are naked and the fines are nothing. i mean you cannot quit your job, banks will eventually get on board with centralised crypto because no doubt decentralised will be demonised. but sucks.
did they forbid you to talk about all the money laundering going on at your bank as well?
*talks about it in social networks
i love crypto to much to not talk about it lol
they can’t do that and you should get in touch with your union representative
i'm not in europe and do not know the laws. in a just society it would be illegal. if by some chance crime happens they can fire you but forbidding you from using your earned income how you please they are out of their place as an employer.
go work somewhere else
sounds like you need a new job
the banks are scared. they should be scared
sounds like bullshit to me. how about what you do on your personal time outside work is your business. jesus, what happened to having freedom?
"everybody who has got power fears losing it" crypto will soon become bigger than old fashioned banks. its just a last stand against crypto, the whole banking system will be gone in 10 years if they dont adapt to the future
the real question is are they making you enough to have this big of a stake in your personal life? yes
"now we got a new communication about social network behavior. we are not allowed to say anything racist or violent on internet or any social network, even with our personal profile. the strange thing is that in this communication they included "talking about cryptocurrencies and spreading news about unregulated markets" which is totally not related to racism or violence (?!)." the boog boys fucked it up for ya lol. sadly there are a lot of connections that casually relate thiscussing unregulated markets with racism and violence. im not saying all libertarians are neo-nazis and white nationalists but all white nationalists and neo-nazis are very libertarian. those connections are leading to a lot of arrests on a federal level so yeah the bank is going to be concerned. especially when a lot of tracing on those cases starts with a public account promoting deregulation and leads investigators to private accounts promoting genocide. libertarians really need to clean up their lot but i think theyre hesitant because there are so few of them they dont want to lose numbers.
further evidence that woke shit is just a capitalist smokescreen, though i assume many users here already know that. the wealthy are running scared and that can only be a good thing for us.
this is good… meaning the power that crypto has. bullliiiiiisshhhhh
have you tried telling them to hold your dick?
so they are paying you 24 hours a day which justifies them dictating what you do?
former call center rep for a major investment company +. they haven’t done this yet but they do get triggered about personal trading. we get zero insider trading info from brokers, yet we are held to the same standard a major portfolio manager is held at but the only difference we are paid 1. fuck their system man, look for another company because it’s only going to get worse there
blink twice if it’s deutsche bank
i love how scared banks are of crypto because they cannot get there hands on the "money"
honestly it does not sound like a bank that will last too long if they are scared of crypto
\> we are not allowed to say anything racist or violent on internet or any social network, even with our personal profile. \> the strange thing is that in this communication they included "talking about cryptocurrencies and spreading news about unregulated markets" which is totally not related to racism or violence (?!). ' ' ancient china had a form of execution they reserved for: traitors, mass murderers, and workers who killed their boss
how can your employer tell you how to spend your money?
i would be shitscared too if i was them, they are fucked
find a new company to work for. that shithole will eat up your soul
time for a new job
"and even talking about it in social networks" how so? employers have no say in private life conversations of their employees...
is that even legal? how can the decide what you invest in?
tell them to get fucked
banks will always want to bury crypto but they can’t
problem is: crypto is used for criminal activities and there is nothing the governments can do to stop it. luckily, criminals never have nor will use euros or usd for criminal activity. but if they ever did, you can rest assured the governments would immediately put a stop to any such activity.
“not regulated and easily could get involved in criminal activities” - said by a bank (and many governments). this is just ironic because anytime during history when they started banning things always turned out well… 😆
you should name and shame though.
what do you expect,they believe crypto to be a threat to them. this tech has successfully proven to us lots of use cases and that it can replace the traditional bank.
banks are digging their own graves
i appreciate the fact that you were specifically told not to do something and you instantly made post for 100,000 peoples to see.
they are afraid, and their are starting their typical unethical but probably legal kind of behaviour.
say "crypto" to a banker and they go into a full blown fit. happened to me a couple of evenings ago. "only criminals use bitcoin". standard answer. i answer to a banker that, "good, then we agree on that goldman sachs is criminal."
i hate that... strangely i have aether at the post office from the irs suddey... i work i pay taxes, ive bought some bitcoin on cashapp over the past year... never in my life has the irs reached out to me for anything! got my credit score in good ratings now... why must they know who and what were talking about, what we own... this is so much like north korea. it bugs me so much, this is supposed to be home of land of the free, not so much since biden has got in office imo. im 34 i live on my own, pay my bills on time... big brother is an understatement i feel like i have a smothering parent or child bugging me for money usa is desperate and im not slaving away to pay 40% in taxes for them to live the high life... cannot stand it
crypto goes mainstream banks go broke... fuck the banks... they are the crooks!!!
that's why bitcoin will make this banking system obsolete. bitcoin means freedom. the current banking system is like a prison that has excluded millions of people around the world for decades.
“never again will you be capable of ordinary human feeling. everything will be dead inside you. never again will you be capable of love, or friendship, or joy of living, or laughter, or curiosity, or courage, or integrity. you will be hollow. we shall squeeze you empty, and then we shall fill you with ourselves.” -1984
that's why i like reddit, unlike facebook you do not have to put your name, face and personal information when you say something
i wonder what country this is, because it is definitely not mine lmao
they cant legally bar you from buying an asset unless its the stock for the company you work for.
hold up. hold up you’re telling me a bank, which doesn’t accept crypto, has a policy to keep its employees from sharing their opinions about it? i’m shocked. absolutely shocked. far be it from them to stop their employees from giving advice on a product they don’t support seriously guys, this is news?
this is fake and gay
let me guess, hsbc ??
after i bought my first doge i had the urge to rob a liquor store. now i’m doing 7-10 in a state prison. your bank is wise.
sounds like you live and work in china?
i am not sure of eu law, but definitely you already broke the contractual terms of your employer twice. one by buying crypto from your secret account and two by writing this post.
no, no, no...first rule of crypto is “not your keys, not your coins!”
bnp paribas i guess :-) really simple: they cannot legally forbid you to buy crypto or talk about crypto as long as you make it clear you are talking personally and not of behalf of the bank (so better no talking about it on linkedin) they can of course find "some reason" to fire you, and you could go to court to "fight" this firing, and they will probably be able to pay better lawyers, etc.
tell em to go suck a fat one ! your employer has no legal right whatsoever to dictate to you on investment of financial products, if they talk about sacking you threaten them with a legal neutron bomb and an employment tribunal which you would win 100% hands down, and watch em squirm …...then take the compo money and buy eth with it hahaha😅
bankie bois sound scared
employer cannot forbid you things like this, don’t spread bs
hsbc for sure. fuck them money laundering mofo’s
say the name of the bank or say nothing at all
my bank called me 5 minutes after putting money in crypto. they even sent an email warning me. i wonder if this will lead to some kind of bank vs people war.
revolt and check ! social crypto project created by visionary bankers. revolutionpopuli.com
i call bullshit on that one. union laws in europe are pretty strong and you should have something along the lines of a workers council if it’s a large bank. and they should’ve approached you at least once during your hiring process and possibly even with every promotion. if communiques go around the company, the hr and your union.
tell us the name of the fucking bank or fuck right off.
im 95% sure this is hsbc
screenshots of the email, or this is all bull.
>however, i still buy crypto, i just use another account from another bank. i must say that i am fu*king proud of you! this is the way!
just playing devil's advocate...i think it could also be a liability thing. they do not want to be liable for anyone misinterpreting a casual conversation . in youtube you have most channels saying "not financial advice". since they do not expect everyone to state the obvious, maybe they are just protecting themselves from possible legal complications
this is sickeningly facist. i had friends kicked out of banks in the usa. luckily never happened to me. but, i never heard it be this bad. how is that even legal and how was not it taken to court yet?
shiba to the moon tho🚀💯
thank god your bank is protecting you! crypto has been used to do illegal things, but fiat currency has never been used to purchase or finance anything illegal, ever. which would you rather use, some underworld icoin, or dollars which go into church collection baskets so ministers can by a private jet? do the lord's work. use fiat.
>i wonder if they are breaking any law, is there someone who knows anything about european union laws? yeah . they do not break any law . europe does not have free speech.
i am sure telling you not to talk about crypto is breaking one freedom of speech basic right or another. they are counting on the majority of employees to comply quietly, which they probably will. you could go to court and sue them for infringing on your freedom of speech right, which trumps bank regulations, but that could be a stressful endeavor, put your job on the line, etc. so they count on people’s fear.
sadly, they have the right to do so. if you beleive in crypto, maybe start looking for another job in another bank, cause yours may probably not survive...
didn't you get the memo everything the state does not like is racist. talk outside the covid narrative du jour and you must be racist, talk about borders your racist, talk about evolutionary biology racist, use the word merit... racist. everything is systemic racism if the state does not like you talking about it. it's just simple population control.
put your money into ultrasafe!! get in early!! gonna do big things! you heard it here first guys.
better be an alt or your manager will call you to thiscuss something with you in his office
i don’t work at a bank but my bank blocks any crypto purchases
good morning trevigol this is hr can you explain moons to us?
*a phone call from your boss begins to ring in the background*
just use different accounts
you should butter up your resumè
it’s probably deutsche bank
imagine getting fired for having 0.6 moons
probably bnp, they seem to have shifted their view recently.
name the bank wtf lol
after reading this. is it stupid of me for thinking. they are just saying these things because, they still have not converted to blockchain, so they are not making money of it. but as soon as they have a foot inside they gonna praise crypto and the blockchain they made, where the bank owns 98% of the crypto
so your bank is heavily investing in crypto. got it!
banks are cant ujderstajd the concept of tec
when do you think banks switch from "you cannot buy crypto because it is illegal" to "you cannot buy crypto to avoid fines for potential insider trading"?
how have you not quit already?
this sounds like a great example of why cryptocurrencies are desperately needed. unsure if laws are being broken but best of luck, you could always ask in r.
they're only denying the inevitable! ;)
i hope you’re looking for a new job.
they don’t want you to get involved in criminal activities so that they can solely get involved in criminal activities
people are ignorant and scared, and i get it to a certain extend. it proves broad adoption is still far away.
i work at a payment processor and large financial company (65k employees) and the ceo told us crypto is here to stay as an asset class. crazy since we would be the third party that would be replaced in many cases, but he is clearly with it and was honest
if you ever get into an administrative position, please try to remove all those rules from the system and make a stand to all the employees that they can talk and buy whatever they want
and yet, here you are. on social media, talking about how you buy crypto anyway. now that is taking back your freedom. fuck'em!
this makes me even more bullish on crypto
sounds like they are scared of this because it is not bank regulated finance. they are clearly very afraid. saying you cannot have crypto in case you're involved in criminal dealings is like saying you cannot own a ladder in case you burgle someone.
are they aware that criminals use paper money? probably should not use that either.
talk to a legal service and shwo them the emails they will tell you if the case is worth it, idk if they have anything like legalshield in eu but they probably do, you should find a monthly service where you can ask all the questions you want, they sound like they dont know what theyre talking about, when a business comes across as not knowing what they are talking about generally its not legally correct lol
unbelievable...the world we are living in...
tell me you hold crypto without telling me you hold crypto...
are they only blocking employee accounts from buying crypto? are their customers blocked from buying crypto in any way? do you think they will actually monitor your social media usage? i imagine they are trying to control your behavior in a cheap way by causing you to self-censor. i wonder how far they would go in actually enforcing this. for the racist and violent stuff, it is probably just to cover their asses in case you get canceled.
ik weet welke bank het is ;-)
they are breaking free speech. as long as you do not identify yourself as a bank employee and you're not a c executive where business and personal are irremediably entangled they cannot prevent you from talking about things unrelated to the banks.
i'm waiting for banks to realize that if they do not jump on the train, they will be left in the dust. these kinds of actions only strengthen the case for cryptocurrency. who the fuck are they to tell me what i can or cannot do with my own money!??!!?
from the lols on the involvement in criminal activity. i’d wager it’s something like deutsche bank or hsbc
send your money to another bank then use that account to buy crypto. they can’t stop you from doing what you want.
they can forbid you to talk about crypto only if it is a part of your contract! else they cannot do any kind of stop (inner rules for example) because it would be against the law censorship of your freedom. sue them if they take any action
at least they don’t force you to share fud stories 🙏🏻
this sounds like it is from some vile futuristic dystopian novel i felt sad about reality while reading however... that is kinda bullish! ;)
as a us federal employee, i'm not allowed to buy weed stocks, but crypto is fair game...for now. lol.
>we were forbidden to buy and trade cryptos because they are not regulated and we could easily get involved in criminal activities well fuck, it is time to cancel cash. it's are used in criminal activities all the time! stop the money press!
we cpuld easily get involved with criminal activities. funny thing comming from banks who break the rules daily. whe have been laundering money for multiple crime organizations etc 😂
so banks are cutting the private lives of their employees? what law could possibly allow them to? this is nuts in my opinion.
and they wonder why people are fed up with regular banks…
maybe it is a sign that we're all about to be rich, violently rich! lol a girl can dream!
it is violence against their bottom line 🤣
sounds like they’re threatened to me
"we're the bank and if we cannot control your life, we are going to be very upsetti."
lmao what the hell? fuck that bank
if this aint sparkasse im gonna eat my shoe
i would be careful. in my job it is best not to identify yourself on any social media. and keep any profiles with your real name set to private. in some jobs it is not worth the hassle.
that how it is in europe? can a employer control what you decide to do with your own money lol
first they ignore you. then they mock you. then they fight you. <----- we are here then you win.
cannot talk about crypto yet. not until they have firm control over it.
wonder if this is connected to ideal being unavailable on binance.
... well this is awkward. came on here to make a fight club reference... just like apparently everyone else. lol my unoriginal ass has been bested. you win, internet.
fuck them. what gives your employer the idea they have authority over what you do in your own time and with your own resources. these corporations really do think they are masters of the universe.
yeah their existance is against the law of nature so i guess pandemic is doing its thing
your bank will become a dinosaur soon if they keep ignoring blockchain technologies.
my cousins employer also has same policy here in the united states
when you lose control you panic control others
that is crazy talk, come live in the states and you will not have this issue😏
why would not you say the bank. bc blah blah?
name them! 🙏🏻 under another account lol
dude you aint working for a bank, you work for the north korean gov :p
have you considered quiting your job? ;)
i will not comply is now something that i tattoo on my chest.
pretty sure they can’t control what you do outside of work. depends a bit on the country though as there is no universal ‘european’ constitutional law
his name is robert paulson.
well the racism thing makes sense. i don’t work at a bank but i’m a cost accountant at a large accounting firm and i attend crypto tax seminars to try and kinda *specialize* in something more niche for my clients. (yes, i know, marketing ploy but fuck off lol) anyway they had this big meeting one day and told me that if i was going to advertise in anyway that i offer anything to do with crypto currency i’d have to do it under my own name and not the firms. i had already been doing it for 5 years at that point so i think banks are a little shaken up these days.
europe really living up to the 1984 projections lol.
don't bother with the laws. just switch jobs.
a major tabu like that makes me so bullish on cryto :))
1. you never let on how much you like a coin. 2. you always call the shots. buy it! you would not regret it. 3.act like wherever you are, that is the place to be. “isn't this great?'" 4. "when ordering crypto, you find out what she wants, then order for the both of you. it's a classy move. 'now, the lady will have the bitcoin and algorand, and a doge with no shiba inu.'" 5. when it comes down to buying crypto, whenever possible, put on side one of led zeppelin iv.
they are breaking employment laws for the u.k certainly certain jobs can say you have to show impartiality online and hold yourself in good conduct (doctors, police that kind of thing) but crypto is not the boogeyman it was even 3 years ago.
this, coming from the biggest crooks of all. that’s fucking rich.
would be legal if they fired you because of crypto? i think you might sue. not saying it is worth the risk but does not sound legal.
once the banks are scared, we know we are on the right path.
that sound scandalous. i get why they are doing this shit… but do they really think such statements will go unnoticed outside their bubble? not speaking of the opposite effect wich could occur.
crypto is gonna kill traditional banking
i got back in at 28k on bitcoin it will go back to 40k i'm sure then crash again friday evening 😂surf the waves do not let the waves surf you 🌊😜
i can see where they could block transfers to crypto only exchanges - not that i agree with it. but, there are quite a few traditional brokerages starting to offer crypto options. how would they prevent transfers to those brokerages for crypto. uphold offers a mix of stocks and crypto. tastytrade recently added crypto. just a few examples.
maybe it depends on the country. we know that eastern countries in the eu have some quite creative laws... ;) i do not think such a ban is legal in the bigger eu countries like france, italy or germany. but: i read of similar complains in other (german) forums.
it's difficult. i can understand why they include to not talking about it, i used to work at a company that heavily focused on asset management and financial advice, so evidently, i could not thiscuss anything, purely on the basis that i technically represent the company and if say i say "oh, buy gme", and it flops, it is a shit look, it affected everyone in the company, even those in posting, purely on the basis of insider trading. i'm not sure how they would react to trading crypto's, but i am sure it is all to do with regulation, it is a ballache in financial services.
a decision made to protect employees? wow, how bold of them. thank you big brother, what ever would we do without you?
i don’t understand why regulators want to crack down on crypto. are they just afraid of lower income people growing their net worth through investing? good decision making can really change the crypto market imo
of course, because banks hate cryptocurrencies
never have your banking account at the same bank you work at.
i just woke up so this may be a bit stupid, but from the bank's pov this makes a little sense. for example imagine that i see you mentioning crypto online and how much better it is compared to banks. then i check your peofile and see that you work at a bank. this would make me think that this bank you're working at is not good at all. it will ruin their image. sure it is not ethical, but i can see why they would do that
wow hopefully the pay is really damn good since they are ruling every aspect of your life……
kinda sad my uncle said the same thing to me before also
lol the banks are scared because there is now a much better system in place that will soon make them obsolete.
welcome to being attacked by “liberals”
companies should be limited on what they can prevent you from doing outside of work. they give recommendations but actually blocking your bank accounts is insane
no they are not breaking any law. you are their slave while on the clock. if they say no politics then it is no politics and if they say library quietness then it is library quietness. you are a slave for 1.
"but bank i sell crypto in the community!"
talk about silver instead. banks hate you holding your money.
did you agree in your employment agreement or attestations that you would bend over backwards and agree to any new rules that they come up with that dictates what you do in your own free time as a private citizen? don't you have the same right then, to send them an email dictating your policies? and that if they violate your policies, you will sue them for said viations? kind of tongue and cheek, but what gives them the fucking right? what happens when they come out with a policy about banning employees from purchasing alcohol? or orange juice? are you allowed to acknowledge that other banks even exist... or to acknowledge their names? are they allowed to ban you from that?
well obviously you talked here about crypto so you are in direct violation of our previous communications. please pay a visit to the hr department so we can thiscuss further your recent behaviour and thiscipline you.
i work in a bank, and they do not prohibit us from buying crypto or talking about it. we do need to report if we are mining.
i keep imagining their management and board meetings. surreal.
so, buy more crypto? banks are scared. banks should be scared.
yeah sure, i am the prime minister of one of the countries and we have bought bitcoin for our treasury. but i would not tell you which country it is.
surely this is illegal.
can't imagine which country you're on but i'd risk that is highly illegal. your employer is actively interfering in your private life.
i'm in the states and cannot *sneeze* without getting approval from compliance first.
didn't chase do the same thing like 5 years ago but were secretly buying bitcoin? they also fired employees who owned bitcoin and wouldn't take on any customers who also owned bitcoin.
idiots. banks are trying to brain wash people basically into thinking crypto bad. crypto used to criminal activity … that means your a criminal. see the connection here?? they hate crypto because they can’t control it and rip everyone offf
i previously worked for a bank in the us. back in the 2017 rise, a lot of the internal communications were obviously about crypto and the management did not like that at all. i'm guessing it was perceived risk of people quitting - which was a thing.
we had a guest financial planner come in to help us plan our retirements. someone asked about bitcoin, and the financial planner said (tl;dr) "it is the wild west, it super risky and totally unregulated. you should not put more than 15% of your savings in it." meanwhile i'm thinking: did he just say 15%? shit homie, that is a lot.
yeah conflating "hitler was alright" with "i like ethereum" seems like a stretch but again i'm just a clown
chase bank in the usa is good. never had any problem buying from online exchanges using chase.
>officially, the bank statement said it was a decision made to protect its employees. you should be grateful
>we are not allowed to say anything **racist or violent** on internet or any social network, even with our personal profile. i wonder if they could explicitly and concretely define what that means.
i doubt your bank knows your reddit name. this letter is pretty insulting to your intelligence though, fuck em
sounds like a real douche bank
i have a friend that is a financial advisor at wells fargo and he cannot invest in crypto.
in all reality, if you buy it right, they will never know.
i’ve heard a rumor about something similar at boa.
so do not do that stuff while representing the bank. you can do whatever you want. that's normal.
i work in a bank too here in switzerland. i cant add fiat to my exchanges with any card or account i have here.
show me your account and routing numbers and i’ll tell you which bank it is 😉
i swear, this must be bnp.
yup, i second that. one fine weekday morning the bank of my preference said its no longer fine to use binance to buy crypto and they locked my account. fun thing is they did not lock any other exchange so i practically said "ok" and used another. after some hassle to work things through, the bank employee told me they are not allowed to thiscuss anything related to crypto other than say its a bubble and shrug it off. (on a personal level we thiscussed some ethereum stuff but i got bored after i realised he is just repeating what he reads online and dropped it)
tldr ‘perceived higher caste primates scream and bang their chests in unison, when feeling threatened’.
hsbc is going to be renamed to hfsp. i'd totally not respect any such unfair (and probably not legally enforceable) demand from my employer. fuck them for not letting me protect my hard earned savings if i want to.
companies controlling personal social media accounts is some next level dystopian shit
i know bank of england do the same, i work in a bank that has not done this yet so i'm very greatful.
i don’t know what the laws are like in europe, but in australia this behaviour, or scare tactic, would definitely be illegal. however, good luck taking any legal action against a fuckin bank lol governments suck banks dicks all year round
next theyre going to accept crypto and tell you it’s going to 200k just like jp morgan, then go back and forth to fuck you over.
im from eu. now i understand people who told me that bank is a little government inside the real government. no laws will ever save your ass from the bank in eu. banks are always right...
banks dont like it ? take my money , crypto !!
of course they do. when the industry finally realized they are replaceable…this happens. and it’s going to continue to happen. fuck em. i’m holding and will avoid banks at all costs (loans, mortgages, savings accts, etc. never again)
sounds a little cultish. they are clearly afraid of something and definitely afraid of crypto. not sure about laws about this from europe but in the states that’s never a good long term place to work.
it's none of their concern what you do in your own free time.
that's cuz your bank is dumb af. you are the smart one here. your investing in a technology that will revolutionize how we transmit data. you are investing in something that nothing can replicate digitally. in a digital world where everything is copy-paste, this is huge!
let’s all try and guess the bank
when i first got in to crypto i saw horror stories of banks closing accounts due to crypto. i decided to contact my bank (barclays uk) just to ask how they stood on it. they seemed pretty forward thinking and told me i was free to buy any and all crypto but warned me of scams along with invited me to their local branch for a talk on safety, protecting your money etc... all crypto related.
that is interesting as i would assume most if not all banks would be getting their paws into crypto if legally capable.
thank god reddit is not a social media platform...
i work for a consumer loan thistribution company and everyone at my company holds crypto. ' just another perspective in case anyone thinks all financial-related industries are anti-crypto.
criminal activities? they must be kidding considering banks are involve big time in money laundering schemes
if that is not a positive sign for buying crypto, i do not know what one is? they are terrified to the point of lumping crypto talk with hate speech
shit, do not tell your bosses what people get up to with *cash* - you would not be allowed to buy anything!
work in a bank myself and luckily it has not happened here. though one if our biggest competitors are prohibited to trade or hold.
all the boundaries were crossed a long ago, the pandemic just made it clear. the governments do not care about anyone, just want power. the best thing to do is stay low profile
i mean, if you do not tell them, how are they gonna know you have it?
not sure what the rules are in your country but in the us employers cannot enforce that you do not say certain things unless there is already been a contract regarding trade secrets, formulas, employee lists and stuff like that. cryptocurrency is not illegal and has nothing specific to do with your employee and in the us you'd have a right to talk about it.
imagine a bank telling you what you are allowed do with your own damn money
fuck that and any bank!
buy prepaid visa card ' use visa card to buy xmr ' do what you want ' either: sell through an exchange that can withdraw to a paypal account with fake name ' buy prepaid visa card with paypal ' or: withdraw fiat from crypto atm
yep, the eu is certainly as "free" as 'merica...
we got him bois he confess time to lock him up
do you think it is safe to keep crypto stuff in a bank safe deposit box? cold wallet, backup keys, etc.
banks are highly regulated, maybe they’re just covering their asses since you do represent them in some capacity
that’s because it is a conflict of interest. your paid in fiat.
they’re f*cking scared about crypto!!
article thiscussing some of the thoughts surrounding this topic in various places.
crypto and blockchain will cut out banks. it's like how self driving cars will lead to taxi companies not needing drivers.
find a new bank op. don't waste your time bringing in revalue for a bank that wishes to remain in the old age and censor innovation. you need to part with them, and do not forget to leave them a golden "fuck off" note.
unfortunately, if that bank is heavily regulated, then this is the natural reaction, since currently cryptocurrency is not related to real world identity, that means lots of transactions happened can have a criminal origin, it is just so difficult to diagnose each of them, so they take a one-size-fit-all approach in my practice, if the sum is low, like less than 200 euro, then it should not be a problem, since even in the latest aml, a transaction that is below 200 euro digitally does not require all those checks
here in italy is not forbidden at all for bank workers to talk about crypto and even buying crypto.
funny how in the west we critisize china's about freedom of speech violations while we get this from the banks. .
you must have "no legal records" and "commit no crimes" to work at a bank? oh, the irony!
sounds like your bank's ceo got rugpulled hard.
second rule of crypto club is you don’t talk about crypto club
lol. that's 100% illegal. if you, and your fellow employees had any sense you'd immediately take them to court over this. in no country on earth, can an individuals rights be taken away because there is a possibility that you can be involved in something criminal. this is literally akin to saying the exact same thing about fiat. there is absolutely no difference.
government: its a free country also government: no you can’t do that me: does that :1
as always, the system tries its best to eliminate anything it sees as a threat to its hegemony. if anything, it is the sign that crypto is a good thing.
imo this definitely violates several laws in the eu. first i can definitely see severe breaches of the eu general data protection law. furthermore articles 8 (data protection), 11 (freedom of speech and information) as well as 20 (equality before the law) of the eu’s charter of fundamental rights are violated in a thisproportionate way. there is no sufficient justification for these actions from the banks‘ perspective.
"you silence what you fear the most." - just right out of my ass
damn that is messed up
fuck the bank, dont use your real name!
but...could not you just get an account elsewhere to purchase crypto with?
is the name of you bank, deutschebag bank? haha
that's fucked up that you do not have free speech in europe.
they cannot do that. legally edit: did not realize that the bank is in europe, idk what the laws are over there 🤣
they do not know who you are. just buy crypto. your job should not determine how you spend you money. easy law suit.
i think this is illegal practise. and if you really work in a bank you alrady know the people in your company to speak with ;) banks are very regulated but this scale of rules cannot be lawful
the age of big brother is up on us
almost a decade ago, i researched bitcoin. i wanted in. i went down to my local wells fargo branch to thiscuss my plans with the branch manager. he was not aware of crypto or mt gox, but looked into it with me and said he saw no impediment to linking my bank account for ach transfers. two weeks later i was in the line for the teller, and he pulls me out of the line and asks me to join him in his office. he closes the door and says he is officially required to tell me that 'various crypto activities' will result in suspension and my account. i ask for clarification so that i know what is and is not permitted. he said, and i shit you not, 'i cannot tell you that information'. after confirming that he was threatening me, but refusing to say what would trigger these actions, i closed my account the same day. three months later i saw the same manager at a crypto meet up. i asked what he was doing. he told.me he quit his job as a bank manager and was now working full time in crypto as a financial consultant. fuck wells fargo.
i also used to work at a bank, we own(ed) crypto(when i was there anyway) and added many cryptos to our investment platform for customers to buy alongside stocks.
they're buying large amounts of crypto behind the scenes.
banks scared of people on control of their own money. they are antiquated theft devices which are becoming increasingly obsolete. also no criminal activities? i wonder how wars, interest rate manipulation, and corporate assets are hidden...
banks are are going to lose. no other way around it. they will fight tooth and nail until the big fall out.
they do not want you to buy crypto because they are not able to use your money on there dodgy investments and they are not able to charge you exorbitant fees when you do not keep x amount in your account
i went to my bank around 2 years ago btc was dipping into the 2500 3k area and asked my banker about investing and he admitted he did not know much about it but his reasons not to invest were plentiful... after it jumped into 40k territory i showed him and said see and he had 0 to say and i say all that to say this do not take the "expert" opinion as fact do your own research then make your decision.
banks do not allow you to buy crypto , while they are buying and setting up crypto. i say run an vpn to an overseas exchange like the us for crypto.com , buy all the fucking coins you want and store them in an offline wallet.
first of all, yes, they can block you from buying crypto but there are ways you can easilly bypass this. regarding social media behaviour, thats no news. most companies nowadays would fire you if you post mean stuff related to racism, even racial jokes. even if you do not have your boss as a friend on facebook and your posts are private, you surely have befriended a coworker, which means that there is (small, but still) a chance that he might rat your posts in your supervisor. people of today are way too soft! freedom of speech is a thing of the past. i do not know of any laws to protect the employee in such cases, however, the law is always an ally for the wealthiest...
don't worry about it. banks are bastards.
this is why monero will end up as one of the top three crypro's that are actually used for business.
well, seeing that you are afraid to write their name in a reddit post and you are willing to let them treat you like this, they got you good. have fun working in orwell’s bank! p.s.: i bet it’s ing.
it’s deutsche bank and op works in frankfurt
honestly, the spirit of crypto is to not have to depend on a centralized entity for monetary transactions and to protect against inflation so centralized banks should be kinda worried. however they already have so much influence and wealth that they can definitely create their own block chains while fuding cryptocurrencies relentlessly until they go away. hopefully the cat is out of the bag and we’re heading towards more financial independence but we and other early adopters need to actively use crypto and educate those who are tentative on them.
sounds like dirty banks are starting to worry about their monopoly
>now we got a new communication about social network behavior. we are not allowed to say anything racist or violent on internet or any social network, even with our personal profile. this is nothing new. if you want to work at any job in financial services, you have to undergo extensive background checks and they do care about what content you put out there.
my works not said anything to me but i’ve not been on for a few weeks, i usually buy crypto with my account with no blocks. crypto being decentralised and unregulated it would be difficult to find an eu law that relates to this. maybe something in your contract, but banks can impose blocks on accounts as you’re probably well aware. they can block payments automatically to gambling sites so i’d imagine they’ve placed a blanket block to exchanges. i’m curious though does this affect customers too? also the social media rules and regulations can be enforced by the company to terminate your contract i think it depends where you live though. for things like warnings etc.
last time i checked an employer can’t dictate what you do outside your work. you’re able to do anything the law permits without risking your job. next thing you know you can’t have certain hobbies like stamp collecting (you thought i was going to say skydiving right? it applies for that too!). who is an employer to tell you what to do with your money? those people who wrote those guidelines probably had their nose too deep in coke to see reality. they can’t legally fire you for buying something or talking about things that aren’t in your thiscretionary clause (can’t talk about your banks classified information to outsiders).
they have rules about employees gambling also - no work pools for super bowl, march madness etc. it’s all just gambling
the banks are threatened by crypto, it scares them.
i would close my bank account there as soon as possible
they just want to “protect” the employees
your bank owns you
why wouldn’t you name the bank? i’m calling your story plausible bs
in other words bullish af!!!
fuck all of the censoring, crypto or not. you personal profile does not reflect on them.
i identify as a half deflated basketball
uk needs a lesson on freedom.
deutsche bank? the one bank big enough in euro area to turn a mandate into law without the government. bnp paribas?
i work at boa and they have never mentioned it at all.
and how exactly do they forbid you to buy crypto?
laws differ from country to country, but i’m very sure they break freedom of speech related laws. freedom of speech is a fundamental right and your employer is not allowed to dictate what you are allowed to say and publish as a private person in your free time.
seems weird for a bank to just ignore an entire asset class so if you screenshot a bloomerberg showing xbtusd, you'd get fired? if you're watching cnbc and they start talking about crypto markets you have to turn it off? lol
a company in the eu cannot without good cause prohibit employees from voicing their opinion. there is a high chance a judge would not consider this a good cause. ianal, and also not your lawyer. however, i did study eu and labor law.
limiting your personal communications is illegal.
how can they forbid you? just use a different bank for this exact reason
europe is slowly turning into a dictatorship. we are all going along with it
my bank removed a possibility to do transfers accepted by coinbase from basic accounts. i'm no longer their customer.
big money shaking in their boots! which is ironic, considering if they just put a ton of capital towards curve or something similar they’d make so much money it would be thisgusting. gotta be some banks who have caught on, they can’t all be determined to crash and burn.
wow. it's so weird seeing people go through loser denial at scale like this. how can people be so smart as to create and run a huge banking company and so dumb as to not see its faults? if i were the ceo of this company, i would make it my number one priority to hire the smartest technical person in blockchain technology and the smartest visionary in blockchain technology to work together and reinvent my company. but man...i've met teenage cashiers who are smarter than these idiots.
i also work at a bank, and they force us to plow our entire paychecks into crypto and only post about crypto on social media
withdraw cash and trade peer-to-peer in a coffee shop or any other safe place. or use the cash to buy from a btc atm but then it is high fees
no one can forbid you from buying crypto. they can strongly advise against it.
my bank even offers crypto trading on a lot of cryptos even including doge. no accounting fee and low transaction fee and they even are secured until 100‘000 in case the bank goes bankrupt.
fuck banks. that is all.
there is a law called 'freedom of speech' your opinions, believes and even your sexual preference should be allowed to be shared and be totally transparent. i do not know where you live but if its in the european union it should be!
give you a few more years, you’ll probably tell them i run my own bank now!
i think eu law is more about protecting freedom of speech from govt or institutional repression. your employer is i'm afraid, entitled to say you cannot talk about something which 'could' bring the company into thisrepute. being hodler is not a protected characteristic or group!
could be interesting to know which bank it is for people who are directly concerned...
sound like the wells fargo of the eu
lmao, unregulated but they love to tax crypto gains, band of hypocrites!
crypto competes with fiat. bank runs on fiat. government runs on bank. you're working for the baddies. surprise?
yet banks will quite happily let you spend your entire balance (and overdraft) in 30 mins in online casinos…. jokers
crypto is not regulated, how can an employer forbid you from buying? as a customer, they can forbid transactions to crypto exchanges although i'm not sure how legal that is under eu law. to bypass that, use a different bank eg monzo... you should b allowed to buy as long as it is not illegal in your country, maybe just do it quietly and they would not know - gdpr
banks are scared. bullish.
where are you that a bank can cut off your account to anything just because you work there? what about separate accounts not related to that bank? jesus fuck the opps god bless america.
time to get a new job mate
>talking about unregulated markets" which is totally not related to racism or violence (?!). which is totally not related to *crypto* (depending on what country you are in). in most places, cryptocurrency is very much regulated, and harmfully so.
and here you are
well i'm in us, so everything needs kyc here, but maybe not in europe? anyways, if you want fully anonymous crypto, use exodus wallet (no kyc or even account unless you buy btc with it), and mine. if you know some secure and anonymous exchanges, those are good too, but i'd recommend a gift card for buying on those so your bank is not attached to it
come to america, we actually have freedom of speech here lol
same thing with chase bank here in the us from what i understand. i spoke with a banker and crypto had come up. she has to pass any investments she makes by the bank first for approval. might be because she’s also an investment advisor, but still, for her own account?! that’s insane to me...
banks not hiring criminals? i guess they like to train thieves their way...
i’m just racist and violent on another account
"you cannot buy crypto...unless we profit from it"
one way to find out. everyone close their accounts and go elsewhere lol.
can you post screenshots of these communications as proof with the name censored out?
my brother in law works for a bank (in the us), he said they do not give a shit if he buys or talks about crypto.
what country in the eu are you in?
leave this dipshit place dude. geez.
that is a reason why decentralisation is so important.
freedom of speech is being impeded here. your employers are quite probably breaking the law of what you are saying can be taken at face value (not questioning you just caveating). take it to a civil rights group. hsbc are arseholes.
it's the transition period for crypto... after this decade, this system will get normalise imo.
all the more reason to get into crypto and to scream from the rooftops - buck the fanks!
big bank : we forbid you our employees from buying crypto because you could get into criminal activity. big bank : you want us to launder money for your criminal empire and you are willing to pay a premium. right this way would you like something to drink while we get your account set up.
they are banning you from things but it is all for your own safety. it's all so thishonest
more reasons to buy crypto!
is that transferwise? they threated me to suspend my account id i did not stop sending money to binance lol fuck this shit
ok but the racist and violent shit i understand, that is like every job - why even mention that?
hmm i smell fear.
chase is one of them!
how nice freedom of speech is in america 😁
yeah post proof or gtfo. this sub is turning into shit, why are these unconfirmed stories on the front page?
i'm what world could you be fired for your own private money actions (that are not illegal). seems like a ridiculous overreach to me. i'd be looking for positions at different banks on principle alone.
tldr; op works for hsbc
yep, sure. you must wait for them to get into it first and announced the joint venture later. then only it will be considered legal.
oh they big scared
i fell you m8, i also work for a bank they are crooks. i'm glad you keep stashing those cryptos, fuck them and their attempts of censorship. as soon i stop being lazy i will find a new.
lol. i work in it for a bank and literally 80% of our dept owns crypto. i even have the bsa officer calling me asking me questions when a customer has suspicious activity when crypto is involved.
i'm gonna downvote this post so that your hr would not see this
that's quite suppressive of them to do. assholes. haha
is santander the biggest in europe?
it's an authoritarian shit. it's like in china
i’ll say it. the defi world is about to become the 4th riech in the media. they will eventually be coming for charles, especially after alonzo
the word forbidden just cries for anarchy to follow it.
just tell us the name of the bank
name the bank, you’re anonymous on reddit
it sucks that where you live can tell you what to say and what not to say. i know the us can suck sometimes but banks let us buy crypto and i have never heard of a bank telling their employess what they can do in their off time with their hard earned money. i worked for 3 banks and i am glad i did before all this woke bs started. might as well just use duct tape and not speak lol everything is offensive!!!!
how come oftentimes when someone uses the line "we're doing this for your own benefit", they are in fact doing something scummy? lol
the first rule of crypto is, you do not talk about crypto. thus, i do not talk about i do not talk about crypto.
i work for a national american bank and they are seeing the dollar signs lol.
you do not have to bank with them right? why do they have to know anything about your finances?
fuck communism, buy crypto!
ubs? cs? db? 😅 these rules have no value... they can advise against they cannot forbid... i'm working for a big bank too and i'm not allowed to trade or hold stocks outside of the bank for obvious reasons... but cryptocurrencies are not something they trade, so no reason to forbid it.
nordea bank did this. they clamped down hard on their employees and threatened legal action as well as serious consequences to peoples careers if they became active with crypto or crypto related products whilst employed at the bank.
racism and violence = anything an authoritarian does not want you to do or talk about. it is utterly unrelated to how you treat a minority or whether you cause physical damage or pain to someone.
we're at stage three: they fight you
[these bitches am not runnin shit but yall mouth](
wow they are really going for the heads in sand method.
annnnnd with that, my bullishness just increased another 100,000%
danskebank has the same policy for its employees aswell. atleast for their traders.
so you're posting on a totally public social media platform?
we are moving to a world where we have no rights and you will like it or els. … be labeled an extremist racist bigot, where you are doxx and banks will stop you from cashing your paycheque and companies will then fire you... and when they spread the lie far and wide about you all over social media because it’s considered “woke” to not look at facts but to join in with the mob in fear of being demonize yourself because you seen how an innocent persons life got destroyed to the point that basic needs like a bank,job and grocery stores banned you.
>... we were forbidden to buy and trade cryptos because they are not regulated and we could easily get involved in criminal activities (lol) ... ' yes ... it is a well known fact that crimes have *never* involved using or laundering €, £, $, etc.
obviously the dinosaurs want you to ignore the incoming meteor...
well i will say that my bank (bank of america, fuck them) will let me use my savings, but god help me if i wanted to use my credit card or debit card. they lock it down so fast its not even funny. because "we do not do business with those crypto places. they are frauds." i cannot wait to get a new bank...
banks do not do anything to protect employees, or the public. they do things to protect their own bottom line and the status quo. they lie to you almost every day. good luck.
they dont want everyone to know they really dont have the amount of money they say they do
you should be cool about that if you have monero, you just follow the rule of monero, we do not talk about monero.
hehe you capitalised bank like it is a proper noun
i cant use ideal in binance at this moment, strange
forget that i'd still buy jt.
hey, calling from scotland, where it rains 400 days a year, even when lambert’s a better way to do this for a title, then signs with us as a society, and as gwd3 isn’t) if a factory would be successful
sounds like that bank can ead
>now we got a new communication about social network behavior. we are not allowed to say anything racist or violent on internet or any social network, even with our personal profile. employers are really starting to overstep their bounds.
i know my bank first direct (hsbc) stopped me from sending money to a crypto exchange before
op has a good point. but has not addressed what he would have done differently if he were in the position of the employer.
i heard about hsbc as well...
maybe it is time to change your job
banks are dead in the water if they do not adopt. they move too slow.
that’s pretty crazy i’d hate my life to be dictated like that. bet you get paid well though :)
the only decently reasonable explanation for this is something had to happen for them to put this out. might have been involvement between bank or employee and want to avoid it from happening again.
wait, isn’t that illegal?
1,1 million comments? what is going on here? edit: nevermind, my reddit app switched to spanish on its own. it’s 1,1 thousand comments. (1,1mil) i was hoping i missed mass adoption😂
robin hood did that to its customers here in the states. during the gme squeeze they halted trading in the interest of protecting its tender and vulnerable retail investors.
i bet the ppl who wrote that rule also hodl btc.
i would love to see this happen in the states
wow, i wouldn't think that would be legal. couldn't do that in the us
employers like to tell their employees what to do quite often. they choose not to recognize the difference between work and private life. i'm sure there are laws preventing employers from limiting the behaviour of employees outside of working time, but even if you managed to go in front of a judge and have that part of your employers instructions deemed illegal, the employer would just find another legal excuse to fire you.
use a burner phone to call the bank and ask abt crypto instead. so they do not know who you are and not gonna mess w your account, especially for those who do p2p trading.
disgusting, shout out to the bank for showing us who the real oppressor is, and why crypto exists in the first place :)
where are you working in the eu? even if every eu members share common laws, every has various level of legislation on that.
i cannot use my credit card to purchase crypto, every time i try they blocks my card from all.purchases and i have to ring them. they have advised the "algorithm " will learn that its not fraudulent and will eventually allow it but even after multiple purchases being put through on while on the phone with the agent still doesnt work. for any other purchases which are suspect i get a text message looking for authorization. but yet i can use my debit card from the same bank without issue. aib ireland using a visa debit and credit card
there is no such thing as "eu laws", those "eu directives, regulations and decisions" have to be mirrored as local laws in each member state. so you have to check your local legislation.
it’s surreal to think if banks do not adapt within a decade, a lot of them could wind up like blockbuster.
u, your employers behaviour is most likely illegal in any european country. no employer is allowed to regulate"permission" what you might buy privately as long as it is legal. you are not even required to tell. so how should they even know if you do not use accounts in your own bank? what you privatly do with your earned money, is purely your personal thing. so go on, make this public anonymously and smash that draconian hellhole you are working for. or contact your union.
depending on the country, i'm pretty sure they are not allowed to tell you what you can or cannot say on social media as long as it is not to be linked to the business you work for. same goes for your personal finances. other than that, never get legal advice on the internet and instead go to your union rep, and keep up the good fight!
don't say anything racist anyway.
i also work for a bank. while they do not encourage their employees to buy crypto, they certainly do not prohibit it either... there's group chats about crypto, and even social events for people who want to talk or brag about their experiences... this is a very big bank that previously made negative comments about the crypto sphere and then proceeded to market it to its wealthiest clients' portfolios...
i worked in a us bank in the eu. they did not care at all.
sounds very communist to me, and i believe you wholeheartedly. cryptos are a threat. end of.
if you actually work at a bank and they forbid you from talking about it on social networks, you'd be written up or fired. wouldn't say anything on reddit you wouldn't want your employer to read, especially if you use your account at work, on work networks.
i have family and patients that work for different banks in varying positions from it support to bank manager. all of them are forbidden from buying cryotocurrency which is fucking insane to me. you become flagged as a "high risk employee" if they find out you own crypto and you have to be finger printed and back ground checked again. it's insane that these banks do not want their employees to gain wealth through crypto but will buy massive investments of bitcoin into their funds at the same time. the hypocrisy is thisgusting. at the end of the day. fuck these big banks.
nice...banks are really scared of crypto
you're anonymous on reddit. you can just say the name of the bank lol.
how can they ban you from buying unless it is actually illegal? also insane to think that banks are actually scared!
pssst…hey you. come into this alley. check this out…i got some btc. fresh and uncut.
sounds like you need a new employer to me, no employer is going to tell me what to do and how to spend my money.
>to prevent this situation, the bank said they would automatically block our accounts from sending money to crypto exchanges. ok, this concerns me. in the darkest timeline, should all banks and financial institutions do this how would one get fiat to an exchange? not like they issue gift cards.
i mean for public image purposes, they can require all that. it seems a bit weird that crypto is included tho.
if anyone remembers the collector from tf2 trading community who collected essentially every unique item - he worked i think programming things for big banks in london or something? probs not this guy but i bet he does crypto and all too now
what you do in your private life is your business. buy crypto if you want...the bank can go pound sand and chat with your lawyer if they do not like it
banks are not the only “entities” which enforce this rule. they’re just the latest ones to surface. in the end, the only safe way that anyone of us will be to communicate is using double or triple ’s (& utilizing ) via a : just to post a comment on the
why would a bank want it is employees talking about buying digital collectors items? if my employees starting talking about investing all their money or anything significant amount whatsoever into what amounts to... i do not even know, like mobile phone game or fifa sports cards as a substitute to fiat currency or stocks... then is probably want to tamp that down a bit too
hello, this is the manager of your bank. dw, you are allowed to trade cryptos now.
in the deep south crypto actually invites you over for dinner to make you feel more comfortable.
bitcoin atms are all over europe. no kyc% fee, i'm sure it is similar in europe. 5% may seem like a lot, but that is the cost of privacy. no one will ever know you own that crypto because it is not linked to you and your job is not in jeopardy. i would initially purchase monero (xmr) from atm in order to remain completely anonymous and then swap it at a non-kyc exchange for whatever coin(s) you want.
heard that at credit card companies like visa, your stock purchases of other companies goes through a lot of scrutiny.
sounds illegal but idk.
i’ve stopped talking about crypto and am more just engaging with people that i know who’re already in it.
bank says do not post about crypto, employee comes tells the cryptocurrency sub about it. honestly, wtf did they expect will happen?
bet it is barclays. fuck barclays. and all the other stone-age banks.
ing? they just closed my account when i wanted to withdraw funds. never had issue the last 2 years
that’s sad. however, european labor market is the most regulated market in the world. i’m sure they are breaking some law. what if they said that you are not allowed to buy a horse and may only buy cars or the other way around?
hsbc i’m assuming, since they are real scummy about crypto
worrying precedent. hope regulations like this don’t become commonplace in workplaces.
they sound so damn afraid!!! jesus christ
why would not you say the name of the bank? obviously it is not going to be traced back to you.
i work in a bank and since it is not regulated, it is one of the only assets i dont need pre-approval to buy lol
the bank i work for even blocks trading with some crypto market places for customers under the guise of protecting them.
i consider this great news
i agree with saying: this is not financial advice blablabla and not mentioning where you work at in your free time but being unable to talk about it at all? i see no freedom of speech, once you regulate what can be said is not freedom of speech anymore.
apparently in my country our banks can simply decide they do not want you to interact with any sort of crypto using our (my) money so they simply block the transactions. have to use e-transfers and indirect deposit methods to deposit fiat onto exchanges, no credit cards or interac transfers. which is pretty crazy imo, i always thought it is my money to do with what i want, but apparently not...
is not talking about "violence or racism" also "for your protection"? this is why as many people as possible need to achieve financial freedom so we do not have to work for these tyrants.
it must not be a french bank then . they are quite involved with crypto here (especially tezos)
well fml my application got rejected because at interview they were asking about my opinion about crypto.
imagine my frustration when it comes to various coins through — staking is banned based on where you live. “⬅️“= really is government overreach & offensive that is almost enough to make me want to “pack up and move to a new state” type of oppression
that's because they want to keep people stuck in their corrupt financial system.
bank is scared they will be redundant when defi takes over the world
why do not they block people buying alcohol that kills people
they can’t enforce that.
an employer cannot tell you what to spend your money on. they cannot tell you what do do in your free time and cannot tell you what you can post to social media
if i am a bot i want to be one of those sexy ones, shining and great accesories!! but... i am real, fat and all! a
the european union is another centralized corrupt organization, do not expect them to support you instead of the banks.
banks worldwide must be shitting their pants. nano is one example of the new future that awaits, so for them to restrict employees talking.g. nano is expected. the fight will be ugly, but at the end brokers and the best (read most efficient) crypto will win. it’s a complete re-write of basic bank services and the big boys will try to put the development to a halt at all costs. the move to restrict free speech is an attempt to set an agenda, being that crypto = illegal activities. no doubt bitcoin, nano and every other crypto is used by criminals - but, wtf you think criminals used for payment before crypto was even a thing? that’s right, cash, money, 1&0’s, the exact thing banks manages today. bottom line: banks are screwed and they know it.
banks and anything associated with it, are the biggest ruthless corrupt criminal organizations in the world. when you work for a criminal organization, you’ll have to eat their shit. remember, they do not care about you nor their clients. it are just ordinary crooks, only there to profit from whatever they can lay their hands on. go work for an honest company that actually contributes something of value to society
lol pfft fuck them...
yeah as gme was warming up i opened a new bank account to transfer some fund and the first thing the teller says "its not for cryptocoins is it because we will lock the account if you use it for that". yeah how dare i use my money to purchase a product with less affiliation with crime than the usd so i might one day get out of the bullshit mortgage market they encourage.
op has bigger balls than the bank.
there is freedom of speech, nobody can tell you not to talk about crypto. if so, i reckon they are breaking the law.
what a joke. this world is falling apart rapidly. welcome to the corruption on the new world order. since when can a bank tell you what you can do with your own money unbelievable.
had to be europe.
psh. i got several in on it and lost them money. i'm popular.
while they secretly invest.
this is quite a desperate move from your bank to say the very least. a ridiculous attempt to prevent the inevitable
i would say sue but liberal democracy is a sham this is an oligarchy and they own the government you cannot win in court.
fuck them, use otc deals.
i work in financial advice and, although i've not been told not to invest in crypto, it is considered a pariah asset class. it's definitely considered a "fad". despite that, i wouldn't get fired for holding and buying it. are you sure your company is even allowed to prohibit you from buying crypto? it does not seem legal, but i suppose it depends on where you live. i'm guessing you're still allowed to buy the shares of arms companies, oil giants and tabacco firms though! you know... those "good guys".
i wonder how they expected to track your wallet addresses. i guess that’s the account embargo but that’s absolutely bonkers. sorry that as an american i have no info to offer
the eu is socialism...big brother is here and watching...
this bank is blatantly santander
better convert all your cash with gift cards, it’s impossible to know if the change you got from the laundry mat implicates you in a crime or not.
this does not sound legal – how can they forbid you from using your personal funds to purchase entirely legal digital assets? sure, they can advise against it, but blocking your ability to make such purchases does not seem above board. likewise, why are you forbidden from even thiscussing unregulated investments? there are many unregulated investments that are completely legal – and even those that are illegal are not illegal to thiscuss. i am free to thiscuss the global drug trade if i like – thiscussing it and even spreading news about it does not mean i advocate it or have a hand in it.
you guys believe anything that fits your narrative
keep doing what you are doing man! here we are... the big guys telling the "normal" guys what they should and cannot do in their free time... 😪😪 how said has the world become.
how do they know fuck all about shit.
they can’t sanction an avatar.
there are many reasons for crypto, and that a big one. in my country is the same, many banks have forbidden to bay crypto, but we find a way hihihi
so when they launder money for cartels and other deplorable individuals…a-ok?
as op posted in italian i'd say it is unicredit
idk but he kinda looks like they did not shit on us everyday during first take about it. but the games are fucking sick. i feel this is going to choose the one that spots, “keep politics out of sports”.
this just speaks to their desperation. censorship is a weak retort when you cannot win on merits.
obviously! these banks want to buy it first then tell you to go buy it when the value is high as fuck!
that's really creepy that they think they can encroach on your personal life like that, i.e. what assets you buy, and what you talk about.
lol they cannot tell you what to do in your freetime unless you're on the clock 24
the bank my mom was working at for 30+ years laid her off during the pandemic. my dca efforts went up **exponentially** since then. ^(fk the banks.)
odd af to live in a version of 1984 the movie
this is probably a lie because it is very illegal
lol, noone but you can control your finances. get an account in another bank and enjoy bud. also sounds like a lawsuit but youre across the pond, so gl.
i’m surprised they haven’t begun using compliance software that tracks all your accounts through broker feeds.
crypto is the natural enemy of all banks (and totalitarian regimes). the nations will copycat crypto for their own digital currencies. once those are up and running the showdown begins. what will people do to keep their financial freedom alive? as an export heavy country free crypto may be a good method to keep its currency cheaper though, importing heavy countries may be interested to keep tge power of free crypto down to not risk ovee-devaluation
deutsche has that iron clad
yeah that sounds illegal to me, like infringing on your rights as a person?
first rule of popo's training!
welcome to the rebellion
guarantee you the president of your bank owns crypto
in the us, our laws prohibit corporations from doing this simply because we have defined job roles. for instance, if i write software on the side and i am employed as a security engineer, the company cannot claim that software as their property. they cannot also tell me that i'm a 'social media representative'. this is also the law that prohibits restaurants and casino's from hiring 'models who serve' in order to thiscriminate against servers who do not conform to an image or beauty standard (i.e. hiring only thin women, or only women with big tits, etc.)
el salvador might offer asylum! \[bitcoin is now legal tender there.\]
>now we got a new communication about social network behavior. we are not allowed to say anything racist or violent on internet or any social network, even with our personal profile. nothing racist or violent? how will you manage?
there was some extremely deep research elsewhere on reddit all but proving prime brokers have been laundering money in defi. perhaps your employer wants any connection between them and crypto to go away because deep dives like that have hit too close to home?
its across all the world. they want to slave and control people with coorporate regulations base on politically correct bulshit ! crypto is freedom . fight back any type of oppresion. we need to stick toguether and fight all this coorporate oppresion and control . buy and hold.
google "nordea crypto" and yoi find articles about this
just fuck that bank
they're scared and it smells good.
it has happened in puerto rico in several banks too
covering thyne asses. business 101
"however, i still buy crypto, i just use another account from another bank." ***banks hate this one easy trick***
whatever the bank tells you, i'll bet you 1 btc that your bank's c levels are all balls deep into crypto and buying the dips. ps - i do not have 1 btc but i am not losing anyways so you can just send the btc whenever you want.
ha. no way that is legal. id only wear doge shirts to work from them on. much protest.
i always never understand this about employers. i do not see how they can ask anything of you when you're outside of working hours. my last work place tried to stop us communicating in a group chat outside of work. that went down like a lead balloon as was laughed at.
got a friend who does the same thing and told the same as well. he has to open crypto accounts in his wife’s name.
i mean, it was used for some shady shit in it is birth but currency in general is used in terrible ways all over. its not like you're supporting any less legal activity by continuing to use our current dollarydoo system than you would using crypto.
well, i’m glad you’re not allowed to say anything racist online fwiw
yeah my job hates when i talk about crypto too🤦‍♂️
step 1. get rich investing in crypto, so you do not have to work again. step 2. send a company wide email with cc: to gov justice department explaining the human rights violation against free speech, what you do in your personal life and the fact that crypto is not illegal in europe, and that they are threatening their employees with "guilty until proven innocent" approaches. point out that xyz other banks in the same country actually encourage new technologies like crypto and they are free to openly thiscuss it, they actually have experts come in and teach it (since it is the future of finance), and do not get on their employees cases about what they do in their own time. also cc: every news organization and newspaper in your country. bonus points if you provide some tips on how to get started in crypto. extra bonus points if you point out all the corrupt shit your bank has hypocritically done. super extra bonus points, start a class action lawsuit against your bank ps. before doing all this do not forget to go through alllllll your emails and delete anything that might even remotely make you look guilty of thinking about doing anything wrong. pps. be sure to check with a lawyer before you do any of the above ;-)
td in canada did the same thing in 2017, switched from them at that time.
if you work in a bank there are numerous compliance laws that dictate what you can and cannot, directly, trade. particularly if the bank has a relationship with the underlying corporate. as an equities trader i would have to register everything that i do on any personal account and would have certain stocks that i would be outright banned from buying or selling. those rules would also apply to some other people in the bank. my assumption is that, with crypto, the volatility is so large, and so much of the market is leveraged, that the bank considers it an unacceptable risk to anyone who works in a regulated position.whilst there will be some staff who are not regulated it is easier, from a compliance perspective, to just apply the rules to all staff.
that is the most ridiculous thing an employer could do lol
why would you want to say something racist or violent on your personal profile anyway?
i am concerned that your employer has control over your financial account to selectively block crypto transaction. your employment and your banking should not be linked.
philippine banks have these policies too.
i’d tell them they can forbid my monster dick, and get a new job 🤣
how ould they know you owned crypto.
lol how do they forbid you buying it? lol!! also, why is it that "obviously" you would not mention the name? is this not anonymous enough for you?
banks are scared baybeee, they know the writing is on the wall and they are panicking
opposite, i work for one of the biggest stock market data dealers in the world, and we are just starting up a new crypto data team which im hoping to be a part of
the eu does not make laws, they make regulations that turns into laws in eu countries unless a country for some reason does not have to follow a regulation. the eu does not have regulations on usage of crypto. the banks are scared of crypto since it is competing with their business model.
this is the start of “censorship” and control over your personal lives.
ill do exactly the opposite of what these fuckers will tell me what to do. 🤣🤣🤣
*weeps for you in 1st amendment.
honestly if i still worked at a bank i probably would leave just so i could buy crypto.
lmao, what they know would not hurt them. fiat has been used for crimes for centuries (many that the banks have probably been complicit in) but they have no problem with that... they're just upset that we got sick of their shitty money and found a solution.
wow. sure sounds illegal to say you cannot talk about cryptos. what??!
the banks and establishment financial institutions are afraid and their actions are becoming cynical. much like the oil industry in response to renewables.
this is illegal in europe in us. you cannot regulate your employees private life as a company
goverments are dumb if they do not adopt it or make a form they like more than the volatile bastards that cryptos like bitcoin can be. cryptos are a great way to track the money. probably why china is adopting a digital currency. couple them knowing exactly what their people are spending money on, they will be light years ahead in terms of consumerism for one but they will also have greater control over their population. our companies better do something like adopt amp token and the flexa network to track spending or made in china 2025 will be real.
surely blocking your accounts like that is just opening them up to a lawsuit, right? if they were to actually fire anybody for buying crypto they would surely lose the wrongful thismissal suit and have to pay out a bunch of cash too. people have sued and won for less...
time to find a better job!
they are scared. a new world order is coming where countries would not be able to use thier currency to control thier economy. for them it is nightmare fuel, for us it is our family's future. the global banks know that crypto is ripping away thier control and they will do everything in thier power to spread fud and undermine our future and security. hold strong, have faith. in the end we will prevail
huh. i met two persons from a bank very recently and asked about crypto in casual conversation since they worked in finance. they said they did not know anything about it which i found odd. now i'm thinking that is what they are taught to say.
crazy! leak it with a off account
monero is the way
crypto holders will lose all of their money
first they ignore you... wait a second...
i can see why. i got f## today for 2k shares of a hot coin (amp).
keep buying my friend. don’t tell anyone anyways how ma y keys you have. it’s just rude.
mainwhile those big banks started to recruit people with crypto background to help prepare and build new products ... i’ve been looking jobs recently and found this.
if you buy through swan bitcoin they have no way of knowing it is a transaction for bitcoin because it is done through prime trust.
this is not that unusual for finance institutions. lots of companies have a list of approved vendors you’re allowed to buy from and restricted as well
i have a couple of friends who works in different banks. and they all told me the same thing. each bank(s) has told them enable to keep their jobs at the bank they aren’t allowed to buy any crypto currencies. or if they do have some crypto they are forced to sell it to keep their job. the bank was chase (2yrs ago that i was told this), wellsfargo (2yrs ago that i was told about this), and bank of america (this was 4yrs ago).
how cute, fiat institutions throwing tantrums
i would be willing to bet a large some of money your place of work probably either already uses smart contracts, or is looking into the technology. the technology can literally change the way modern banking works behind the scenes. your average layman wouldn't notice of course because people just swipe there cards and assume whatever the bank is doing works.
ah, classic move from the mafia
i love all the comments saying that employers cannot control your life, and yet completely neglecting all the big name examples of people putting out opinions, doing specific acts, or just voting trump and they lose their job. you are a representative of your company, whether you're the ceo, or a clerk. if the company decides spreading crypto news is harmful to their image, they very much can let you go. i mean, this is how it works in the states at least, but i would imagine the union has the same standards. we're not owed jobs. we sell our labor, and they buy it. if they do not like what they are buying, they have the right to not to that.
imagine winning ww2 and this is how you wind up getting treated in europe.
man they are scared and cracking. end of their control in sight.
also intesa san paolo had an internal memo regarding crypto last summer, where they were prohibiting employees to buy and hold crypto
my opinion. look up the dd done on gme you'll have answers, you'll understand that our world is not what it seems especially banks. countless hours of reading is just one step away
haha banks be scared!!! i love it
imagine being a slave to a bank. it’s a weak low level corporate job. why are they acting like it’s the best job in the planet so that they can dictate what tp you use?
i love how crypto is upsetting the banking system across the world. adapt or die seems to be the running theme.
i thought they banned slavery in europe.
i think its safe to say crypto here to stay!
it’s like working for a drug dealer and he doesn’t want you buying drugs from his competition.
it is considered racism because it is going to wipe out the banker race! or, are they species? 🤔
sec in america is investigating the usage of crypto for money laundering. these financial markets are all interconnected, i wonder if this is related.
brian?? i’m telling the manager...
when crypto becomes the dominant way to trade value, banks will be cut out of the deals. wah, waaaaaaaahhhh.
john, please report to the hr office tomrorow at 9am
ahhhh good ol' centralization
sounds like canada bill c-10 lol. basically internet nazis and your employer sounds like they are part of the regime.
well to be fair they are trying to protect you. if they become obsolete then you’ll lose your job...soooo you’re welcome?
i work for a credit union and try to help people get into crypto whenever they need assistance. most of my coworkers hate it, but whatever. the demand for entry has slowed down. it was heavy when doge was blowing up. visa is not doing anybody any favors flagging exchanges as fraud, but that is another story. my hope is that banks some day get on board because i think that is when we see true mass adoption. we're a long way from that unfortunately imo.
what is this shit authorities keep saying about crypto being too susceptible to illicit activities. pretty sure the good old dollar has a long history of being used as the sole motivation for crime and political corruption.
i'm betting you work for deutsche bank.
us bank shut down my account because i was sending money to coinbase many years back. moved to a credit union, and no more issues and have been much happier ever since.
i live in canada, last year the banks decided we can no longer use our credit cards to buy crypto, or add a crypto exchange as a payee to buy crypto. i'm not allowed to decide what i want to spend my money on.
seems like the world is now copying china.
~ shh i work at the bank here is a crypto! do not tell anybodyyy ~
i work for a bank but in the us. they have not really said anything about crypto but i would not put it past them. honestly this is a good example of why you should keep your personal and professional lives very far apart. also why you should be very cautious before inviting someone from work in to your personal life.
australian bank here and they have a crypto exchange on their partner page.
sounds like hsbc. if criminals want to launder money they need to pay their fair shares to banks like that facilitate them.
i would think that in any democratic society, there should be something against this... push come to shove you can always use a vpn to hide your online identity and expose them on social media using a dummy social media account... thats an option these days😂
not sure about eu, but almost all companies in the us are "at will", meaning they are allowed to fire you without a specific reason (although if you can prove you were wrongfully terminated based on religion. that is the only exception). my point is it is unlikely that they are breaking any laws by asking you behave a certain way, because they may be legally allowed to fire you just because they do not like you (aka "not a good fit").
it's shit like this that make me excited about the future of crypto. to a time where fiat is a thing of the past. honestly, fuck banks, fuck people in power, and fuck corporations pretending to have us in mind.
nobody is going to mention how they have to be reminded to not be racist? lol
"however, i still buy crypto, i just use another account from another bank." trevigol! you are fired!
i don’t know if anyone else has been noticing how banks have been easily flagging crypto purchases which locks your account and makes it a hassle for you even if you buy crypto with that account everyday. god forbid if youre on the toilet one night like any decent human being does when they need to watch the charts, and you gotta make a real time purchase on a dip that is about to bounce back and what happens, your account got locked out and the fucking call center or fraud department is closed... i really feel this is a way for banks to add hurdles to the rest of the people they cant control into staying away from crypto... the first bank that accommodates crypto into their account functionalities, i’m switching immediately...
the same goes in the states. i would be careful with your second account. in the states we are taxed & they will find out.
jesus christ. bitcoin fixes this.
come to singapore, we welcome crypto here
crypto makes banks literally obsolete. who want a to ask permission to send and receive their own money?
sounds a little fascist to me... ' luckily for you, you can create an account with different banks and use crypto exchanges that do not require your identity.
i love that "protect our employees" ... i heard that jazz when i was a low-level researcher for an investment bank. the managing director blocked me from buying apple in the pre-ipod days. i'm so glad he protected me from the thousands or millions i could have made... all he protected was his interest in maintaining a strict class system that excludes us plebes from getting ahead like he did.
my bank forbade me from transferring money to an exchange in order to protect my money.
why not say the name, your screen name your real name?
“however, i still buy crypto, i just use another account from another bank.” ladies and gentlemen, a genius
lol that sucks. i work in the big 4 in australia and a lot of us dabble in crpyto
never do business where you work. bank somewhere else lol
how do they plan to control that one?
my banks in south korea have blocked my wires to my exchanges twice.
this sounds like some mafia style coercion to me
get another job. that bank would not last
the banks don’t want the people to become more powerful than them.
fahrenheit 451, rod sterling, george orwell…
truth that nobody talks about, crypto is currency, it should not be taxeable .
ahem... f u c k t h e b a n k s . a l l o f t h e m .
not surprised. they are scared for their lives.
fuck your job telling you how to live your life. when you're there, you're on their time, but otherwise what you do with your money and how you spend your time, is your decision. none of their business.
that's very anti free speech
they say that and they are the ones holding crypto.
yeah man. i’ve worked at a few banks where the policy prevents trading in crypto because money laundering and kyc failing “concerns” 🤷🏽‍♂️
thank you for the information, how ever you should keep your personal financial things to yourself
heard coinbase was hiring!
once a teller at chase bank told me they would be fired if they were found trading in crypto.
censorship is always bullshit
in my country (india), banks have barred direct transactions to crypto exchanges. so now there are two methods, upi where the upper limit is around .5k and p2p.
tyrany. can you find another job?
i somehow believe that they added "do not be racist" just to fit in "do not talk about crypto".
trust i tried to get my bank to do a chaps payment and they weren’t having none of it, when i said it was to deposit fiat into kraken crypto exchange, and said the same about it being blocked and not allowed to make payments for crypto etc, even tho it’s still possible and i managed to in the end, banks really don’t like crypto
“for your own protection” is a truly scary phrase that can and has been used for terrible intrusions on individual liberty.
surely restricting you from buying stuff or using your bank account is against the law? it only takes one of you to stand up, get fired & sue the fuck out of them. social media... i can see but i would thought depending on what area you are in europe they wouldn't allow that shit. here in the u.s it is allowed. .
they forbid you out of fear. fear that their time has come. this is bullish. this is decentralization. ...and this is sparta
well i know that it is one of 3 banks that do not allowed crypto purchases. not like it matters if we find out who. but anyway, crypto can be considered violence. *if my shit does not moon, i'm going to kill someone* it's a big grey area. lol
i think this may be a reputational risk that they are trying to avoid. a lot of people are skeptical of crypto currency and how it is being used. so even if you are not connected to anything illegal it could draw uncomfortable attention if their employees are financially invested in it. additionally, european banks are subject to aml regulations and currently they are struggling on that subject with crypto currency. they have some strict rules around it and if their employees are potentially circumventing those, even if it is not through their organization, it once again wouldn't look good on them. i do not agree with it, i am just trying to shed some light on what may be driving this.
which country are you from?
buy it anyway and do not tell them? fuck that shit.
i hope you are doing this with a throw away account, new e-mail, tor, or anything that would not be able to link back to your identity. but this is pretty much a "harmless" quip, so i think you're fine (i think). that being said, it is 99.99999999999% to protect their face; if their own employees are swapping to cryptocurrency, they really do not have any grounds to say that they are better in every aspect that the alternative that is cryptocurrency. i am not from europe though; i am going to follow this post with great interest as it may relate to the bigger picture in terms of macroeconomics (specifically interaction between banks and crypto).
facepalm. and thats exactly what they need to do to make sure that crypto keeps growing.
if you want better answers ask on r. however, do not think its a battle you'll be likely to win.
banks are dying and crypto is making it happen. they will flail as they die. #$%^ em
i am not a bot, moons please!
banks that do this will find themselves losing many customers.
am i supposed to give even one single fuck?
yeah… i think you have grounds for a lawsuit it they fire you over saying “hodl doge” etc on socials.
i'm not sure anyone can regulate your off-work behavior. edit: you realize that your post violates that ban, right?
if you have one you could go through your spouse to buy crypto. but you made me wonder though. an ex of my sister in law did a lot in crypto. with social media with ta and everything. apparently he started working for a bank here in europe. now he pretty much deleted everything, so i guess he got the same contract as you. i do not see him anymore so i do not know what's up with him so not sure
same old same old europeans, weak on freedom.
fiat system is done! move to crypto!
how can your employer dictate what you do with your money? surely this is insanely illegal
yeah banks are the first to lose control of your money. of course they don’t want you resorting to other forms of money. please take a look at revolution populi. , this is the token i’m most excited about and have been accumulating a bag of. this is all about free speech and building a social network on blockchain where you own your own data and can do and say what you like. no censorship. additionally they will attempt to build a crypto clearinghouse where banks that are involved with crypto can transact. def take a look. let me know if you have questions and i’ll do my best to answer them.
meanwhile in credit union land we are looking at different network api’s to better allow our members to not only purchase crypto but also store it. fuck big banks. everyone deserves a chance and they will die on that sword that they must control the movement of money.
seems like bullshit to me. surely that is illegal for them and a giant thiscrimination lawsuit. i'd love for my workplace or bank to dictate what i can and cannot spend my money on, laugh straight to the bank.
this just makes me want to get started with buying crypto.
apple like tone “we know what’s better for you”. seriously companies shouldn’t treat as they’re our mom.
them and china just want to ban it cause they cant control it themselves and is easily a threat to their money
lol as if racism and violence can be equated to buying crypto
just use paypal to buy crypto. i see no issue there.
just look it up
my friend works at a bank, wells fargo and for , depending on which the member chooses they will invest for you in crypto. yes. it's as bad and as fucked up as you think
i can’t buy crypto with my lloyds account
they are not protecting you...they are protecting themselves...crypto is unregulated and that can get a bank in a lot of problems with things like sanctions and money laundering
i bet everybody clapped... i did not read the whole thing i just assumed its that kind of sory
well, fuck them! your money, you can invest in whatever you want.
it means that crypto is working, they are so afraid. just hodl.
wow censorship at a micro managed level. how are they going to monitor your social media? isn't that an invasion of privacy?
i learned it’s better to not tell family members what you do with crypto or stock in general. they say it’s a scam or that you are loosing money but come to you if you ever get successful.
this says it all 😢
scary, but i’ve been worried several time any federal employee or cleared employee would be banned also in the us. hope t gets better not worse
my bank depending on day or amount put barriers to buy on binance. have to try a few times
another reason for decentralized currency. seriously, banks hedge so much power...
europe and the us have slowly fallen when it comes to liberties. the surveillance state has gotten so bad that to me; they are not democracies anymore. they are socialist. the fact hat you cannot use your hard earned money to purchase code is mind blowing. hope this changes cheers
sounds like nordea or sydbank from denmark.
i think there is democracy in e.u. wtf??!!
of course, crypto will make banks obsolete
if the bank had no power to block a customer from trading, they can’t block an employee, for the reason that you are paid by them as a worker, not a slave, that can’t decide anything about your life more than they can do with any other citizen. they can however issue you guidelines on what you can or cannot recommend to customers, that’s part of your job.
my current bank would not let me buy crypto with a prepaid credit card either. clearly they feel threatened by it. it's not preventing me from doing a sepa transfer to binance though.
i work at one of the largest banks in the world and i’m licensed and i can still invest in crypto. that sucks
banks are dead and they know it
we will all be replaced by robots soon that obey blindly without the capaticy to think, do not worry 😂😂😂
i work in a financial company. i do not mess with employees and their personal investments. they can do whatever they want to.
get a new job.
>if we commit any crime, we get fired. so ironic considering powerful banking families are some of the biggest criminals in the world lol. great to see that crypto is threatening the corrupt fiat machine though.
op, just move your funds to revolut.
my bank stopped transfers last summer with the same reason - that i could be scammed. i just used another one. not sure if they can stop you legally because you are free to do whatever you like in your free time.
unregulated just means it’s not putting money in the right pockets
headquarter of this bank is very close to me so i know a couple of employees there. they basically do the same as you do
it’s so fucking transparent. they’re terrified of losing their power.
this is a huge sign they’re scared of the imminent thisruption to their institution. viva la crypto!!!
i live in the eu and the banking system seems not so keen on crypto. i guess they like their power 🤔 *buys more dip* 🚀
how the hell is this shit legal
i would get in touch with the fundamental rights agency of the european commission, explaining the situation and asking for their advice. they will get back to you.
if it’s not in your contract, then they can’t do shit
they trying to keep you down so they get richer
you have lost your free will, i hate corporate bullies
but they do not have a rule against streaming high quality crypto educational content all day on the company network... probably...
from a union perspective, you have the right to challenge their decision, and they also cannot dictate what you can or cannot do. put simply if you did get fired, you would be able to take the to the rights tribunal.v
that's normal on big banks, they have armies of legal, i worked at a snp500 company some years ago and every month we had a lecture from the legal team lol...blah blah blah inside trading this and that blah blah
sounds like the banks have a little case of fud.
a bank talking about criminal activities, how ironic...
you know about "figure of speech", that is just one they are breaking
that's unfortunate, i work at a regulated crypto bank, crypto is at our core. your bank will eventually change their mind.
i’m sure that bank is buying crypto, and members of the board are as well. this is another form of fud to keep the everyman out.
banking world is afraid to give up the free money they have been taking for centuries, time and game is over.
i bet this is hsbc. they are very anti crypto but very pro money laundering when they are the ones doing it!
i used to work for the federal government and they advised us not to buy cannabis stocks lol. these employers need to slow their roll a bit
lots of banks do this - nordea + danske bank did as well here in the nordic’s
that's weird we're working for a bank right now and in their white paper for the launch of a new system they are boasting about the fact that they plan on listing cryptocurrencies.
“europe” … how east are we talking?
you live in a ridiculous over regulated europe no surprise there.
the traditional market is manipulated and the banks usually the one doing the manipulation so they lose money if you move over to the crypto market, which is also manipulated but they like there old school markets better.
since when can a employer dictate which non related work assets you hold?
so in some ways i think it is fair enough for a financial institution to not want its staff to be giving what looks like financial advice on social media. i wish corporations did not have that much power, but i've had mates who work for coke who have to make sure they are not seen drinking a pepsi or whatever. i do not think they should have any say whatsoever with what you do with your own money.
that’s why it’s good to have a pseudo name that’s not associated with your name!!! i imagine banks know that in the not too thistant future crypto will be king!
this is ridiculous pure and simple. people are so scared of this space just becuase they are uninformed or salty for not thiscovering it a long time ago. it’s really crazy
you do not need to find it from the comments, just go to your profle > comments. there you can see all your comments.
i work in cannabis and medical dr's who get bonuses from traditional medicine are not excited about handing out medical cannabis licenses and losing those bonuses. sounds like the same thing is at your job.
hi! this is really sad but good at the same way, they are really scared of losing their power! hope you find that update of hr post want to see it
update: so today i talked to the union workers representative who did... literally nothing. he snitched me to th hr 😂 i talked to them and they said they never forbid me to talk about crypto, they said i just cannot talk in a positive way about crypto with people who know i work in the bank. also, if online there is any information that i am related to the bank (for example on linkedin) i cannot talk about crypto neither. they said i signed a paper that i would never promote any financial activity outside my job. about trading, they said i'm not forbidden to buy crypto. they blocked all employees account in order to protect us because a lot of people lose their money because of crypto, but if i want i can just sign a paper where i take responsibility for it and i'll be able to send fund to exchanges again. they also said when crypto will be declared illegal (when? lol) i'll have to provide them proof that i do not own them anymore. ' found op update he!!!! i will post this same message as a normal message so everyone can see it!
that sounds like some bs to me and it seems like something they cannot enforce legally
instructions unclear, purchased more crypto.
this is why banks are old and need to be gone. crypto for life!
regulating free speech is done by those who always say they just want to "protect" you. liberty carries with it certain tangible risks, which many are no longer willing to even consider much less endure.
you say eu but i'm thinking that is a cover because you're really in china.
banks are going to crash. i'd recommend a new line of work. those communications show the desperation as they see the writing on the wall.
jeez i’ve been trying to buy a bitcoin for two week to no avail! i’ve verified more accounts than soft mick. registered my bank a debit cards the same just when i think it’s sorted i get rejected the final straw came yesterday the largest amount i could buy was 0.33 of a bitcoin a smidge under 10k i rang the bank to make sure they would hold it up supplied passports driving licences photos the lot this time they took the money sending messages like success and pending but the money was with them o expected it to take a while so i left it over night expecting it might be in the trezor one sometime today. about 9 am i got an email saying it had been rejected and they were going to return the money!!!! why is this shit soo hard to buy sure you can buy 2 or 3 hundred quids worth but by the tim you tort up all the fees and charges your paying through the nose by comparison to all in one go. the exchanges don’t help the banks and head quarters are in different countries it somehow doesn’t feel safe sending them large lumps of money i don’t know there has to be an easier way
okay? the bank seems to be doing nothing wrong, they are protecting their company and their employees. what is the need for this post?
they're not breaking the law and you're risking getting canned since a simple credit check will reveal your other bank account. if you care about your job, comply. that said, it may be too late.
i'm a whale and the banks begging me to take care of my portfolio. you are doing something wrong, my dear friend.
i work in a bank and this is bullshit! we are evaluating what crypto options make sense to invest in
yeah i just do not believe you.
protect from what? people are allowed to buy lottery tickets and go to casinos… but crypto isn’t safe? what a joke.
> “of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. it would be better to live under robber barons than under omnipotent moral busybodies. the robber baron’s cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience. c s lewis
hmmm… hand over your privacy for security. turn in your guns. register everything. use our currency exclusively. and sadly the sheeple are happy to do this.
ikr? like i cannot protect myself lol. i do not need your fucking protection. just pay my wage and mind your own business. my financial safety is non of your fucking business.
i read about a statistical analysis or something of financial workers and i think almost 80% said they would never trade or recommend crypto profesionally, but then like 75% said they traded crypto privately. i should find that story.
i could see it if like, your thiscussion of crypto in some capacity could be construed as official, professional financial advice. like if your talk somehow got parlayed into being financial advice you gave a customer and they lost their ass and sued you. *that* would be protecting you. otherwise it seems like nonsense.
“we are doing this stop racists and violent nationalists, but also don’t talk abort crypto cause money” i hate to be that guy, but slippery slope argument comes into play here.
"we're from the government and we're here to help."
eh, not always. but often. although usually if it is genuinely to protect, it does not need to be said.
this is what bmo harris told me while explaining why they wouldn't make good on a transfer to my coinbase account. guess who has a shiny new checking account with a local credit union lol. and they will actually give me my money when i write a check, if you can believe it.
we are enslaving you to protect you.
protect and serve lol
the us government protects me from living a life in which i feel like i have too much free time which may then lead to me feeling depressed as i no longer have a purpose of waking up everyday to work 10 hours, by taking 30% of my income. i feel so blessed to have someone care for me so much...
ehh. in this case it is pretty stupid, but there are plenty of health and safety regulations that actually are quite important for protecting the general public.
the term "gaslighting" comes to mind.
sometimes it is genuine but other times it is flat out ignorant.
most of all they want it to seem that they are looking out for you and not just themselves, which is the real reason. they want you to believe that they actually serve a useful function, not that they are the real source of the evil keeping you down. safety vs. freedom. they hype up the dangers, maybe even contribute to them, to keep people in fear which is the reason they stay in power. if people would realize there is more to fear from them than the freedom to do as you wish then their power will thissolve over night.
you're an idiot. the bank does not want their reputation tied to meme stocks and crypto. -- and now with this new memeo -- racism. agents of the bank (their employees) pumping coins is an indirect reflection of the bank. agents of the bank (their employees) spouting racists things indirect reflection of the bank.
by far one of the best comments i’ve read on here. i’d upvote more if i could.
yes history repeats itself
"to protect you" and by 'you' i mean 'me'
they are "protecting" you from acquiring life-changing wealth. you should be thankful.
*we are doing this to protect you from getting rich and living a life you wanted to live.*
yup indeed, the central bank used it here in my country to prevent people and all banks in the country to trade with or use crypto in any manner.
that sounds similar to what most of the dictators said before trying to take full control of the country’s people’s lives, then eventually growing to trying to control the world.
yet mlms go by unpunished.
oh yeah, banks are deathly afraid of what is about to happen to them, loss of power over the common wealths money is basically taking the wheels under a car out and letting it slide down a hill.
afraid or desire to enlarge their influence on people. making them behave the way they want.
i’d quit my f€& job. not in the fu€&&€ng military.
what like mandating masks?
it's me... and the bank is bnp
at first i thought it was swedbank, because i know that swedbank has banned crypto trading. however, they cannot dictate what a person does on their sm in their spare time.
i feel we are all breaking this on the daily.
in soviet russia, crytpo talks about you
yup. i’m up about 4-500% lifetime, and in spite of making a bunch of terrible trades, and missing even more that would have changed my life, easily my biggest regret is telling my coworkers and hearing about how i must have lost all my money again every time crypto drops by 20%.
i wish i knew this rule before. now i dont have any friends
nah that’s bullshit. spread the word, enlighten minds
nobody told me there would be rules.
crypto losses are just a figment of the imagination
shit i'm breaking the rule almost 24. i mostly only talk about crypto. drives my wife nuts lol.
the second rule of crypto is you do not talk about crypto.
oh master please enlighten me with all rules
satoshi has mastered this talent
unless it is going very well, then you tell everyone and their dog about it. once the market hits the red, only then shall the rule be followed.
i thought the first rule of crypto is you shill crypto whether it’s relevant or not 🤷‍♂️ edit: grammar
why? should be opposite so more people learn and adapt?
if nobody in fight club ever talked about fight club though there would only be one member
i thought that was fight club...
i have not been f€ked like that since grade school.
i think i already know the answer but i'll still ask, what's the second rule of crypto?
lolz i only talk about crypto since i'm a crypto-holic.
what's the 2nd rule of crypto?
rules? where we're going, marty, we do not *need* rules!
second rule of crypto: tell everyone anonymously on the internet about it
funny you say this, people keep walking up to me asking if i know tyler btc durden
you get an award, that's a great quote
i have no crypto. please thisregard the 4 nano x's that i have in my possession. they are strictly for each door key.
then how do think they think we're going to the moon? on our good looks and charm?
you can, but just be cryptic about it
this guy crypto clubs 😅
second rule about crypto: you do not talk about crypto third rule about crypto: if it is your 1st time and you do not own any crypto you buy some crypto
second rule of crypto. you do not talk about crypto.
seems to me his bank got crypto
"only talk about crypto when the price is going up"
and the second rule us to buy and hodl.
is that a rule? i didn’t know that . can you explain?
this is the rule in my house, my wife has no clue what or even if i have cryptos... she does not understand the volatility in the crypto market and expects me to panic sell whevere she sees a dip. lol nope, buy more.
wait i thought the first rule of crypto was to tell everyone you know about crypto so they can buy your bags- i mean get rich too?
the bank gets it 😂
first rule of crypto is you talk about crypto!
what? no no no, that is monero first rule, do not start copying others rule, we do not talk about monero, crypto is ok to talk about.
i tell everyone except family. simply cus i would not give them any money
first rule of crypto is you talk about crypto 24, to everyone
nah, i tell people how dumb it is all the time. put in what you’re willing to lose. do i have money in? yes. am i relying on that to grow in any specific way? no.
second rule, what happens in decentraland stays in decentraland.
gets told not to talk crypto on socials and immediately goes to socials to talk about crypto. love it
funny thing - i really follow this mentality... every time when we meet someone and btc or something else comes up, i am like oh! crypto, yeah i have heard of it... my gf laughing her ass off meanwhile...
i thisagree with this. crypto is only as strong as the network which supports it, we should all be talking about it (carefully)
>first rule of crypto is, you do not talk about crypto first rule of crypto is, you do not talk about **your** crypto
you sir made me laugh
the 10 commandments of crypto are actually an nft on tezos. spoiler alert, that is not one of them 😕
they do not, but they can just search for my name
hello bank hr, iam dad
and bring your private key.
new phone, who this?
my bank is actually working on the blockchain technology, we have a dedicated department about it. but i am not even supposed to say it. anyway the official "vision" of the bank is that the blockchain is the future, but cryptocurrencies are not. ' they think in the future we'll still have the banks like now, the difference will be that all banks will be connected via blockchain. let us call it a private blockchain controlled by ecb
i worked for a top ten us bank and in 2017'cool kids' were openly talking crypto with clueless boomer bankers laughing at us.
i appreciated the pun just so you know
lol they are not going to check reddit, i guess.
good morning trevigol. this is hr. do we hodl and buy the dip?
he snitched on himself.
it will be some smooth worded shit in the employee contract, if you sign it you agree to the terms 😂 dirty basterds, i nearly got fired once for accepting a one off welding job via facebook on my dinner hour. i turned down the optional weekend overtime then i got called into hr for arranging other things whilst i was on their site "my only focus should be my work when on site" 😂😂😂 they had my facebook printed off and everything didn't matter that i was on my unpaid dinner hour i was "on site" really liked that job up until that point i left as soon as i could lmao
not sure about the rest of the world, but in the us you can be fired for any reason, including no reason, as long as it does not violate anti-thiscrimination laws.
when you work in a bank you have to use brokers that they have white listed so that they can watch what you are trading to prevent insider trading . this seems no different to that.
"i'm going to slide this rock hard .00 fee up your ass...you know, for your protection." -your friendly neighborhood banker
that's a bit strongly worded but i agree.
if nexo ever get fully approved for the us, i might just make them my new bank. as is, i'm taking the majority of my money out of bofa. fuck those guys. .005% interest rate on long term savings my ass...
*"you have not put any money into your account lately!!! please deposit funds to prevent us from charging more fees to your account!!!"*
aren’t fees built into bitcoin?
is it just me who never gets raped with fees? i feel people exaggerate massively at how bad banking fees are. i have a couple bank accounts, business and personal. both have had six figures move in and out within the past year, i can send money instantly to anyone in my country and i never encounter any fees. i'm sure when we look at more complex banking services, mortgages, loans etc there are many fees, however there are obviously risks involved on behalf of the banks in those situations. i'm just wondering what fees are screwing everyone over?
why are people sick of the banking system? i think with "people"* you mean 0,001% of "the people" because everyone i know does not care at all about the banking system and even for mysslf i do have a few points which annoy me and it is also bad that banks participate in big scale money laundering and so on but other than i am mostly fine with them. and most problems could also easily transfer to crypto banks. there will always be a centralized banking system, for security reasons and because people are convenient. if these banks are crypto banks or not does not matter. i for myself hope that banks pass on the benefits of blockchain to the cusomer like less fees, higher transaction speed but this will easily take another 20 years.
i can buy stocks but i cannot do daily trading, even when i am on vacation. never understood why to be honest. so, after i buy any share, i cannot sell it before 24 hours of it would be a violation
>they should not be able to restrict your personal finances nor sprang especially off hours nope. in us, c-level and vice-level employees of big financial institutes do have obligation to report on certain activities wrt personal finances. many are also subject to what they can do during their off hours: they cannot vacation at places too remote, for example like bear sterns ceo did. or get caught with a mistress. or looking for another job. etc etc
>i'd quit immediately fuck that. i'd keep the job and also keep doing as i please with crypto while lying my ass off to them. if they find out, they can go through the hassle of firing me. i'm not making it easy on them by walking away. i'm a real bastard like that 😉
and if you did not have a choice?
i dont think an employer can legally bar you from purchasing assets unless its the stock of the company you work for. they should open a class action lawsuit.
lmao quitting immediately is a complete overreaction. just keep working there if it is an okay job and thisregard their weird crypto stance. maybe look for other places if it is a deal breaker.
ahahaha diese bank ist sowas von 1907
>update: so today i talked to the union workers representative who did... literally nothing. he snitched me to th hr 😂 i talked to them and they said they never forbid me to talk about crypto, they said i just cannot talk in a positive way about crypto with people who know i work in the bank. also, if online there is any information that i am related to the bank (for example on linkedin) i cannot talk about crypto neither. > >they said i signed a paper that i would never promote any financial activity outside my job. > >about trading, they said i'm not forbidden to buy crypto. they blocked all employees account in order to protect us because a lot of people lose their money because of crypto, but if i want i can just sign a paper where i take responsibility for it and i'll be able to send fund to exchanges again. > >they also said when crypto will be declared illegal (when? lol) i'll have to provide them proof that i do not own them anymore. found your reply you was searching!!!! i will post this same message as a normal message so you can see it!
the more they tell us no. the more bullish we can get. the competing bank of my restrictive bank is my friend.
they want to keep their power and their money.
to protect you. also to prevent people assigned to middle class from escaping it.
> why are banks telling us what we can and cannot buy? they have always had power but when we decided to forget the gold standard and let banks create money, they welcomed that power with open arms and continue to try and work *against* us instead of for us. most countries serve capital, not people.
most banks in canada would not let you buy crypto. it's pushing people to credit unions.
i cannot buy into ico's. only coins listed on the few exchanges that i'm able to use, unless i go through uniswap etc, and that is for our own good. same shit different country.
100 percent agree. the concept is called “know you’re customer” and it’s a problem crypto solves.
how would they be able to buy crypto from an account that is blocking transactions to exchanges?
99% of eu banks were founded and profited from the proceeds of questionable practices…
yes i did kyc on binance but i do not think the bank share the information with binance, it would be a violation of the gdpr european law about privacy.
> then the definition of “hate speech” gets broadened or they abuse the established "hate speech" narrative and add their actual piece of interest on top so that everybody complaining can be called for being for "hate speech".
yeah, i signed a document saying i would never promote any scam or even legal financial services using the name of the bank. i do not see how this rule could be related to talking about crypto with my own name and without even saying i work for a bank
just because somethings in a contract doesn’t make it legal. a lot of contracts, especially ndas, aren’t worth their weight in salt. at least when it comes to enforcement.
i’m still stuck on andariel. would love to get to act2.
send all employee email instructions on how to safely get into crypto.
shit…they own copious amounts of crypto.
you do not have to "put your name, face and personal information" on facebook every time you say something. if you do so, that is your choice. i somehow doubt your given name is ketsuban zero, it is the same principal, you could have easily created a user with your real name, but you *decided* not to. i have a facebook account under some random name, no profile picture, and the world is whole.
warning you about what? if they were just warning you about the risks, i'd say that is reasonable for them to do. a lot of people do get sucked into crypto scams.
i got a break up letter from my bank. basically saying we weren’t a good fit because i withdrew everything to crypto exchanges. lol
honestly if they fired him over an anonymous reddit post he would probably have an opportunity to get some publicity and turn the tables on them. because that story would go viral on crypto news sites… and will likely spread from there.
does europe even have free speech laws?
it’s because of your security clearance. not just because you’re a federal worker.
the op did not have a problem with the part you cited. they had a problem with any thiscussion of crypto being lumped into that restriction.
haha, you think we are better off… we are even worse because it’s not just the government, but the corporations that track us due to lack of regulation.
lmao… bro, wtf are you going on about?
not saying these things do not happen; they do, but they are illegal.
it's really that they can claim just about anything they thisagree with can be called violence or racist. talk bad about a government official? violence. disagree with a coworker who just so happens to be a minority? racism. now, they cannot talk about crypto? fascist much?
you think it is because banks are uninformed? no, they are very well informed and that is precisely why crypto scares the shit out of them. taking down centralized finance is the entire point.
a company putting these kinds of demands on an employee is wrong. even if it’s legal. a company pays a person for what they do for the company, not how to live their life.
the first two are regulated and taxed, they arent doing that currently with crypto so they are trying to stop it or at least slow it down while they figure out how to control and tax like other investments. they are of course missing the point that most crypto are there to replace their money not be a investment opportunity
people are welcome to buy alcohol and cigarettes!
not under their direct control, they stand to lose, their whole system will need to be rebuilt around it. why would they want to put in the effort, when their system works for them.
protect you from them.
many grandmas have been sold to buy crypto
protect themselves from you getting wealthy.
well, i guess the difference is that i have not heard of a criminal who would accept lottery tickets :d
they want cheap crypto…i am us and today am no longer allowed to trade crypto on margin with my exchange unless i have 10 m usd lolz
people *know* they are going to get shafted when they go to a casino. some people lie to themselves but we all know, the house always wins eventually. crypto however, you can really completely and entirely lose your ass overnight.
a bit like weed. taxed now so fine 😎
casinos and lotteries use money regulated by the government via the banks. crypto is essentially making banks obsolete. they cant allow that. think if you were a business and a newer business model was threatening you what would you do? you would vilify this newer method as unsafe or dangerous until you can regulate it and profit off it.
the house always wins in casinos, so they are ok with it.
most of those banks also provide crypto funds for their private clients... i do not trust the banks i will keep buy the dips or get into new crypto projects like wallfair. i even prefer buy dogecoin than keep all my money into those banksters hands.
i guess if they think that bitcoin is a risky threat then other coins must be pure gambling for them
report your neighbor for thisagreeing with us
in this context should be a more express subtext of my statement, whenever it involves a new innovation or method of doing routine takes apart from what has historically been done. this is not a new tactic, when automobiles were first starting to become available, the horse and carriage industry lobbied to create laws against the use of said automobiles as a means to protect the people and roadways.
i know hsbc do exactly the same. i think most banks do though?
this is the first one i thought of too. it sounds about right.
my guess is there is some backdoor thiscussions going on, and france wants to regulate the crypto market in the eu, bnp and credit agricole are probably pretty deep in the thiscussions if they exist and may be trying to clamp down on any internal liability should it come. my 2 cents as it were.
that is the point of this sub. you can talk about crypto without talking to real people about crypto.
2nd rule of crypto, we do not follow rule one.
*needs to spread the good gospel of blockchain technology for mass adoption* *also needs rehab for incessantly chart gazing himself* the conundrum, such is life
lol definitely guilty, i don’t tell people i hold or how much but i definitely gab about the technology
thats because we also follow the 2nd rule of kripto > rules for thee not for me and the third rule too > rules for thee and moons for me
crypto? what do you mean? what is this crypto? never heard of it 😉
hmmmm who would have thought that people in r...
so did everyone who went to fight club. how do you think it grew so big?
then delete this sub!!
we just need to do it here. forbidden elsewhere 🤫
because i'm one step closer to the edge...
you talk with their public address, so it’s ok
big banks are literally telling their employees not to talk about crypto. we shouldn’t be following a rule where we do exactly what they want i’ll fucking tell everybody
and people say the us is bad...
what do you mean? i do not ever talk about crypto
shhh, talking like that will get your vaults removed
and that is the beauty of it.
i was gonna say, crypto is like crossfit, people who do it can’t shut up about it.
i'm a rule-breaking criminal. 😉
naah, we're all bots
in soviet russia, crypto mines you
in soviet russia, crypto wears adidas track suits and drives a black bmw.
i will do you one better: in soviet russia, crypto buys you.
in soviet russia “blockchain” means something entirely different.
yeah was laughing this week when china pulled out and the main stream media sat there all doom and gloom and pulling fake graphics. friggen thing didnt move it droped 1k in a week and picked it up by the end of the week and now is 1k over the start of the latest debarcle.
go along with it and let them think you've encountered deep losses. better that than them thinking you're wealthy. that's a real can of worms.
my friends hate me. bought some low early this year and made some money. they joined me about 6 weeks ago. now they think i’m full of shit. i might be, better be lucky than good.
as long as you do not sell at a loss
cant wait to use this as argument against "realness" of the asset.
always take profits. that’s the right call.
happens to me sometimes, i just read the room. if people are too quit i just change the subject. imagine your wife talking about, idk... knitting 24, and techniques, you do not care because you do not knit, so try to think about it that way, what's the point of talking about something non-stop if people do not care about it.
the final rule of crypto , you dont tell wife ever
the third rule of crypto: someone yells "sell!", goes limp, taps out, you “hodl”!
3. always be cool 4. always know where you are 5. if you don’t know where you are then make sure you look cool
the third rule of crypto is, if you are new to crypto then tonight you have to buy crypto
dodge, duck, dip, dive and dodge.
the second rule of crypto is, you do not talk about crypto
always carry a towel.
do not expose them to light, especially sunlight, which will kill it, do not let it come in contact with water, and above all, never feed it after midnight...
kung fu master of silence
satoshi - secret agenda to own systems intelligently
wasnt that the point in the movie? he did fight himself
nice, i had a similar 3rd, yours rolls better
thats is why you use an alias
i think using real names online is ... not so … safe
nice to meet you bank hr's dad.
hello dad, i'm disappointment.
hello dad, i'm hank
hi dad, you get that mill yet. it's been 30 years
hello dad, i'm mom
i’ll show you my *_private_* key
sounds like a dystopian fucking nightmare
welp, eurocorp begins here guys.
very interesting. thank you for sharing. i remember this "blockchain, not bitcoin" mantra from 2017. even goldman sachs acknowledged bitcoin to be an actual asset class, and jp morgan and others changed their tune about crypto, too.
usual. waste millions upon millions on bonuses - never come up with anything. jump on something already developed, usurp, institutionalise and abuse it. classic
lmao stupidest idea, just have all the thisadvantages of blockchain without the advantages of blockchain
yup, same here basically, our ceo stated that he says block chain as one of the biggest thisrupters for our industry and we're actively trying to find where we can squeeze ourselves in.
tbh, that’s how i see it. governments are not going to give up their ability to manage their currency. from a law perspective, they’re not going to like assets being beyond their reach. the biggest question i have is how exactly is a cryptocurrency going to be different. most money now is already mostly digital.
explain to me what a private blockchain really is lmfao. hint its just a database.
in my experience, every company that started a private blockchain project failed miserably or ended up with a fancy toy. this is just the hype cycle running it is course.
tech for me but not for thee
this is hr please check in with your regional manager
hey ronald i got you saying you hold crypto despite out coorporate measure to protect our employees. you are fired.
this is hr send me all your crypto(you know, for evidence) or you're fired.
hey trevigol, this is mike from hr office. please check your email and report to recruitment specialist laura feng at your earliest. best regards,
how did your company have access to your private messages? was it a public post you responded too?
which both has benefits and drawbacks for the employee. just as much as i can be fired at any moment i can quit at any moment. i guess as a society we got to find a good balance of both.
only ? *scoffs* i've seen bigger fees in high school.
"do you think holding all this money is easy?"
in context i think they are referring more to unexpected or particularly high fees, like overdrafts.
i have two business bank accounts that charge me , but the fees that really piss me off are the ones designed to screw the people who need the money the most. .
americans have a terrible banking system because they have been brain washed by decades of libertarian propaganda that any government. in the eu bank accounts are free, bank transfers are free and there is hard limits on how much banks can charge on things like overdrafts.
some banks charge you a fee if you do not maintain a certain level in your accounts. most of them its like . but some require significantly more than that. wire transfer fees, overdraft fees, low balance fees. there are tons of them. i've never paid a fee because i always keep enough money in the account to avoid them, i do not overdraft, and i pay all my cards before it costs in interest. but they still treat me like shit lmao
well the fact that they will auto-arrange transactions in a way to make a customer incur the most overdraft fees as possible tells me they are just pieces of shit to begin.
by people, i mean most people who have to deal with a bank. and by hate, i mean they fucking hate the banks and wish they would fucking implode.
that's usually so that they can identify if you're acting on insider knowledge, which is a huge no-no for the risk department. inside trading is super illegal so that seems kind of fair enough. the crypto one does not make sense and depending on your region might be unlawful.
have you been restricted from art, collector items (antique cars, trading cards or any other speculative unregulated investments or items?)
i know people in finance in the us have a lot of limitations on what they can do with their money. are they restricting non-employee accounts in any way?
can we eat the rich yet?
i like the way you think!
i get needing money to live or take care of your family and shit, but there is millions of other jobs out there to be had, maybe find another job then quit if it comes to that. me personally i'll walk tf out of anywhere anytime, these companies show us 0 loyalty i see no reason to give them any either. yeah i've had some short term struggles from that habit before but if you see it as an opportunity to escape a bad deal and move forward its easier to deal with mentally
you are very wrong.
that's completely incorrect, you are absolutely required to clear every public market trade with compliance at any major financial firm, and that is completely legal and reasonable, as it defacto prevents employees from trading on material, non-public, information they might be privy to as part of their employment. edit: i doubt they could legally prevent op from purchasing crypto using those particular rules, but i do not doubt they could make his life difficult.
>i dont think an employer can legally bar you from purchasing assets unless its the stock of the company you work for. they should open a class action lawsuit. sounds like something you just made up. very cool!
i knew a guy who wouldnt buy crypto because of the rules around his *wifes* job in finance. very strict rules, total transparency.
sparkasse österreich ist auch nicht besser.
*we're sorry, the asset you wish to buy has too much upside potential for your assigned class. please chose from our variety of savings accounts with up to 0,003 apy*
middle class, pffff that is an illusion
not that i would advise anyone to use paypal to buy crypto but it is possible nowadays isn’t it?
yes and say what you want about banks, breaking the law is the absolute red line theyd never cross throughout centuries they existed.
yea i'm sure it is not something you'd do, and maybe people would never know where you work. i just understand the extents companies go to for covering their own asses, usually the bigger the company the more extravagant the policies. private business owners rarely will do it but larger international ones i've worked for are wild. they found a meme posting account of mine somehow once, had a seperate device and everything for it lol
the lines between personal and not have blurred with social media. let’s say you mention something about something and someone google’s you and finds out that you work at a reputable bank and they will assume that you have access to information that others don’t and take your word for it…
yea, but here if you sign it and then break it there is a good chance you'll be held accountable for breaking it. alot of stuff is not technically legal but we are compliant and complacent due to convenience or need. ie jobs. i do not agree with it and you're right i've seen alot of questionable contracts and requests in my time, but do you want the job? if you do usually you have to comply.
banks be like: gambling your life savings away over horse racing? totally fine! internet money? no.
it's against the rules of facebook using a fake name, a friend of mine did it and they asked him for id verification, yes you can probably get away with it if nobody reports you, but still by tos you are required to use real informations, if you use facebook just to talk with your irl friends i think is fine
even better, we have strikes.
that makes it even more unbelievable [figure of speech, i believe you] to me. who do they think they are trying to control the lives of their employees? seems like quite the overreach
we're talking about companies who're extremely prone to huge scale criminal activity, there are countless agencies breathing down the back of these banks looking for wrong doing. demands are set on employees in all sorts of industries. if you work in intelligence or industries related to defence you bet you're limited on where you can travel, what you can say, whether you can appear on news shows etc.
right. so it’s not about protecting people based on altruistic reasons. it’s about control and power. sounds like we agree.
they don’t seem to care what you do with your money with other harmful things.
have you heard of a criminal who accepts cash?
cars kill a million people every year, just from collisions, not even counting their impact on the environment or how much they help promote a sedentary lifestyle that leads to premature deaths. maybe the horse and carriage lobby had a point. if anything, we could probably use some stricter rules around car usage.
hsbc is a hypocrite it is basically the cartel's bank lol
hsbc are too busy laundering money for cartels to be bothered about crypto.
i work for wells fargo. we talk crypto all of the time and i invest directly through my account and thiscuss on social media.
i think it is something common of all biggest banks. obviously i would not say mine, but it is in the top 10 so it would be too easy to guess if i gave any hint
today i learned i'm not a real person. is it bad that i'm more relieved than thisappointed?
i, too, believe that everybody on this sub except for me is a bot
there are indeed a lot of bots in this subreddit
second rule about crypto. don’t talk crypto in banks.
you're all bots in my matrix
one thing i noticed is that any random kid irl who knows about crypto always seem to understand everything about crypto. yet i have been in the sub for more than 7 months and i still do not understand what exactly an nft is.
never ever! talk about it to real people around you! it will always backfire on you! (this is actual financial advice)
hear hear - all this command and control guff is precisely the (or rather one of the many) reasons why i am here & learning about other methods of finance!
yes, i've also been keeping my coworkers entertained with my loss porn lately
where and when does the lambo fit into all of this?
squatcoin bot would like to know your location.
i just picture the family guy ep voice
and they *all* squat. trackies, beamers, crypto, the lot...
in soviet russia, you dip, crypto moons
do you mean blyat-chain
i did, several times, andi'm fine with it
can’t lose if you don’t sell
how can one sell at a loss if they never sell in the first place?
well if you're a narcissist of the highest order, you just keep right on going...
if knitting could make me this kind of money, i'd be all ears.
i think a huge problem with this is a. people do not see the urgency of such tech and b. people cannot visualize the possibilities with it. and that is because we have major institutions downplaying how fucked we are and how urgently we need to fix our mistakes.
luckily she is super supporting and even chose a few positions herself. just is not as enthusiastic as i am. 😂
i struggle so hard with this
would help if there was not a damn heat wave right now...
6: always know where your towel is.
fourth rule - if you have crypto, you must buy pizza! of course, this could be the first rule!
if you can doge a wrench, you can doge a 50% dip.
and the final rule is ?
or make all accounts private
you do realize you're responding to one of the op's social media accounts right now, right? like, he is already using an alias.
i dunno, there are some weirdos out there who use their actual names in their social media profiles. and then post stuff there without much thought about it... the world we live in i tell ya
90's kid (as in born in the 80xs) here and checking in. my family has been working in with computers since before i was born. like high level tech support, it, system and network admin, software engineer, running the fiber optic cables that to this day are the hard line connections between my counties hospital network, and blah blah blah super techy stuff. one very useful thing my dad told me about the internet before most people even had a modem in their house was "the internet will never forget what you say, so dont say anything you dont want everyone to hear." its very obvious most people do not understand this concept. hell that is part of the reason i love reddit is because of its semi-anonymous nature. if you ever accidentally take shit to far then you can just delete whatever needs to be deleted, even the account as a whole.
why did it take you so long to come back with the milk?
i'll key you my private show.
it sounds like a technology is just a tool that has multiple uses to me. if the technology being adopted results in a better experience for customers and potentially lower rates, or even no change in experience or rates then it just does not matter what they use. as long as we're free to use the technology how we see fit all this does is create blockchain employment opportunities that will create demand for blockchain development experts. the more folks we have working on blockchain projects, the more folks will branch off and do their own thing as long as the legal environment can be managed to avoid cutting us out.
not to far from the truth. when you purse is big enough that you can run your own nodes without compensation, there is little reason to create crypto when you can just have blockchain without it. i've brought this up many times in the past just to fall on deaf years. every single fortune 500 company can run their own blockchain without cryptocurrencies. it's the company without a large purse that cannot e.g. look at vet or even all the non-profits.
it is. they want the defi part but they do not want it in the hands of the common person. like cryptography, too fucking late.
why? sounds like a good use case fora reliable blockchain.
it sounds like an unbelievably bland piece of settlement software
sounds like the more realistic scenario
exactly the difference between centralized and decentralized, and the reason why that shit is so important and must be enforced and protected at all costs.
sounds like they based their business plan off ecorp in mr robot
because it is cool, like ai. yes, upper level management is this stupid.
doesn’t sound as cool maybe. gotta ride the blockchain train
blockchains are optimized for quick addition of blocks, verification against multiple parties, and a consistent overall view. by switching to a blockchain (private that is), it will likely have stronger consistency guarantees (requirement for banks) and it will be fairly quick for the consistency level involved. finally, verification is trivial and auditing is easy too. just need to check hashes and build merkle tree. plus, the government can be a validator as well to consistently audit the flow. blockchains are designed for this kind of operation, so it is one of the more optimal solution in this case.
e-corp? i’ve seen this episode already.
rabobank allows its employees to buy crypto though.
region manager here. you good amigo. crypto is the future.
instructions unclear, gave some fiat to the regional manager who said everything is ok now.
this is your cousin, let us go bowling
please hand over your moons good employee
my supervisor was the friendly stab you in the back type 😂 on of my friends needed a welder and someone tagged me in it and the conversation was there. i think it was started by me choosing mot to work the saturday. they fucked me out of spite i think lol
genuinely curious: what are the benefits for the employee? i always sorta assumed this was a one-sided thing.
how is an overdraft fee unexpected? i’ve never had an overdraft fee since i’ve never spent more than i had in my account. if there is fraud you are protected. and aren’t bitcoin transaction fees unexpected in the sense that you never know how much they will be? they have been over .
i agree with you on overdraft fees, however crypto does not really solve that as crypto would not give people the ability to get a overdraft at all.
>some banks charge you a fee if you do not maintain a certain level in your accounts this is only the case in america where citizens refuse to properly regulate their banks due to decades of corporatist propaganda saying all regulation is bad and corporations will perfectly self regulate in absence of outside interference. here in europe i've never been charged for a bank account, or a bank transfer, and i cannot rack up over-draft fees unless i specifically ask my bank to allow overdrafts.
i see what you're saying but with crypto people would not even have the opportunity to get overdrafts, so crypto does not really improve anything in that regard.
i thought we were just marinating them for a few years first? let them stew in their own juice, it improves the flavor.
yep! and how painful it can be
what kind of inside information one can have about cryptos?
if you manage to escape your assigned class, feel free to come back to get an accredited investor sticker where we can offer you much better tools to get rich. we would offer them to poor people but then those creatures would come into the bank more often and we can’t have that.
i mean. for some that could be a stance they have. but for real. it would be costly and it is not theirs, it is not familiar... and will most likely render so many jobs uselessssssssss like wtf. although more and more are adopting and building on top. pretty sure they will figure out ways to regulate... possibly merging more and more the two systems... or... at one point... most wealth has been converted that we stick to the crypto pool. or, classical systems fail completely. and we just start off from scratch with crypto. who knows... ĺet's play our parts and see where this leads.
no, only crypto from what i heard.
*jp morgan chase says hi*
straight up, they are just jealous crypto taking that sweet laundromat money from then.
i have never heard anything good about this bank
what is your purpose?
takes a lot of pressure off of one.
chart addiction does this to us.
i think; therefore i am... not.
everyone on reddit is a bot except you.
everyone on the internet is a bot.
no, you are real. everyone else on reddit is just bots.
nothings real, don’t worry
welcome to the matrix.
on the open seas, nobody knows if you're real or living like a digital nomad king in patagonia.
you are an account, nothing more, your identity lies in your comments here.
>except for me this one hasnt become self aware yet...
i'm 99% sure i'm a npc
wish i could help but . . . last night, i dreamt of unicorns and this morning i found an origami unicorn in my doorway.
i would have more moons if i were a bot, so i guess i am a real person
oh oh are we taking turns? can i be the bot next?
that’s just what a bot would say
beep bop boop ...
i believe in botlord and only botlord
i believe i am becoming a bot, for real
i love entertaining friends and coworkers with that. they think cause the price has halved i've panic sold everything. not a chance baby!
my coworkers love seeing me lose money. and talk about how it will all go to zero because it’s not backed by anything, like the dollar is. (according to them) nothing i tell them gets thru. they hate it when i make money , avoid me actually.
is that why those assholes never pay attention after 10 minutes of me 'driving home my point'?
would bring a whole new meaning to knit one pearl one.
6. practice 7. practice 8. practice
step 1: buy crypto step 2: ???? step 3: profit!
vegas was too far
there was a damn line
why would they use technology to make it cheaper for users when they would just use it to make it cheaper for themselves but keep the same prices or ever raise them under the idea that it is "better" ?
agree. if you believe in foss, you cannot deny banks the freedom to use it to. just like free speech does not only apply to speech you like. the benevolent danger here is that, just like torrenting has faded into obscurity because of streaming services (spotify originally used bittorrent protocol to stream music more efficiently than competitors, and also had one of the first blockchain r&d labs), banks can use blockchain to offer the same basic experience but for convenient and legal, to the point public blockchains are just too cbersome for most by comparison. hard for me to believe they will be able to not destroy the basic value proposition (censorship resistance), but if they are smart they could give the public just enough freedom from existing oppression in current system for it to be worth it?
what’s the point of a blockchain if you don’t have decentralization? just use a database lol
yep, they see that blockchain is the future, but absolutely lack fundamental understanding of the tech itself or how to implement it
hr input output error, switching to blockchain
assistant to the regional manager here. record of regional manager to thistrict employee has been recorded in our records database.
assistant to the regional manager here
assistant to the regional manager, you are in big trouble and i’m telling michael.
assistant to the regional manager here. buy the dip!
never connect with your work proximity associates, or have social media. in fact, just spend all your money on gold and bury it somewhere, or do not, but whatever you do, do not involve me or talk to me. end communication.
i do not think welders get company computers.
they're unexpected in that * most people do not _want_ overdraft "protection" and are defaulted into a bad deal * one rarely _intends_ to use it; it is usually people worse off than you who struggle to keep any balance (congrats btw) one can opt in to fraud protection with multisig, like with r. your arbiter choice is separate from the payment network. your bitcoin client should be telling you what tx fee you've selected _before_ you send money. if you use a lightning enabled client, it can be less than a penny. imho overdraft fees would be much more fair if they popped up and warned you when paying .50 for .50 worth of chewing gum. if you've met anyone who's actually been hit by one, you ought to inquire about their experience.
eh, if you never got your first overdraft, you would have money to avoid the second, third... and so on, it is a self perpetuating fee.
crypto solves it for me because i never want overdrafts and keep getting signed up by default. if i wanted a short term loan, i'd use a credit card at a sane rate. if you had a configuration file at your old bank that you could copy, and it could not change without your signature, that would be pretty sweet.
nexo, blockfi, crpyto.com, and several others all have credit cards for crypto or are working on releasing one. so its still possible, but i imagine it would be harder to do with crypto.
solid idea. putting my elon drumsticks in some sweet baby ray's rn
in general, most people have to convert it back to a currency to spend the money, and that is where it gets taxes
alright so criminal don’t accept cash. only crypto…
*deutsche bank has entered the chat*
the last letter in hsbc stands for cartel. also letter r in the name for “reliable”
to do no harm
moon farm yanno 😅
and season 5 is off to a good start! i've met a lot of reddit bots so far but none claim to pass butter.
into the thick of it 🎶
how to farm them? could need sum mur :d im feeling so lost with just 0.42 mooneys ;(
most of them are not ready.
have you ever questioned the nature of your reality? did you ever stop to wonder about your actions? the price you'd have to pay if there was a reckoning? that reckoning is here.
do a lot of people not know if they’re robots?
how long, have you been chopping that tree?
were all npcs in the whale's game.
come with me if you want to survive we need a new wehicle
there's a long line, sorry botty
"i just do not have the nerves for that" - a coworker "scared money do not make money" - me, day drinking
god, i’m glad i’m not the only one. these fools just don’t understand brilliance even when it’s smacking them upside then head.
9. always bring a towel.
amendement: you have to buy *me some crypto...
i kinda agree with this thought logic. essentially come to a middle ground to where it’s still centralized but still have the benefits of pseudo decentralization. so low to no fees, instant transactions, etc. i don’t think for a second that major banks will start using vet or eth for their day to day activities.
it’s not as simple as that. private chains do have their advantages. solves double-spending and certain permission problems out of the box. also allows full audit. these features are very expensive to develop properly and maintain, if you try to build them on top of a traditional database, and try to thistribute them across multiple data centres. all developed apps are also open apis by default. easy integration. much more than just a database. (maybe only if you view the usage from a simple customers’ pov of trust)
absolutely. i worked for a well known accounting firm some years back when there was a huge push for the incorporation of blockchain. we learned there was actually more thisadvantages than advantages and could not really find use cases that weren't available from a database. it was inefficient and a waste of money.
we've switched to blockchain. call in the mexican mob now. we have a go.
assistant regional manager here and i override your request.
i am still struggling to see how the overdraft fee is unfair if it is fully thisclose and completely avoidable. none of us like the idea of an overdraft fee, but it is not foisted upon a customer by surprise. the bank does not try to hide the fee. they are very up front about it.
surely those offering crypto credit cards would be working under the same business model, that some people will default and be unable to make their payments so to cover those people who're unable to repay they charge everyone interest because of the risk undertaken. i guess maybe there is a way to allow for much more competition via crypto and perhaps that would bring interest payments on credit cards down massively.
someday we'll have lab grown human meat, and celebrity meat will sell for a premium.
or mortgage it and take out loans, pay zero tax
exactly. fiat is where it gets taxed. unless you can arrange purchases etc with crypto
yes, that is exactly how it works. it's a scientific fact and also one of the ten commandments.
*rabobank* would like a seat at the big boys table
more wall-e than skynet.
1. do not harm humans, or allow them to come to harm through inaction 2. obey the orders of humans, save for where they would conflict with 3. protect your own existence, unless it conflicts with or .
lol how did you get less than 1 full moon xd
no. we're very much pcs.
i actually do this. it’s a shemagh but close enough. insanely useful for the traveler
yeah they will only adopt that stuff in as far as hosting wallets or using them in their investment packages. as long as we're training folks to build with blockchain not at the expense of defi i'm 100% cool with large scale adoption even if some of it is private.
that's exactly the opposite of what robber banks want. fully auditable, no double spending...sounds like a nightmare for hsbc the criminal's bank!
that has not been my experience. it's been hidden in fine print, on by default, and (anecdotally) i've had it turned back on without my consent. have you ever met anyone who actually wants overdraft protection?
yes, you can. 1. crypto to buy goods 2. crypto to crypto (swaps, i believe) 3. crypto to usd 4. crypto as income edit: 4 ways they’ll tax you. buy and hold doesn’t get taxed and transferring crypto between wallets you own doesn’t get taxed. source: cryptotaxtrader.com
depending on your local jurisdiction, but usually you have to realize capital gains when you transact.
you can if you report it.
might need the "" on this one
i work at a big bank, too. however, there were never any such restrictions (that has to be illegal imho...) however in the yearly anti-money-laundering training, this year they added a few slides about crypto. you know, because crypto can only be used for criminal activities :/
welcome to the club
shitposting is overrated. shitcommenting is the new moon farming.
good question, would also like to know how this worked xd
well, does anyone torrent anymore? apparently most people born after 1995 do not even know what torrenting is. the danger is that we get everything fast, convenient and 'free"', to the point that everyone defaults to using it. then when they start the extraction phase, as always happens, and beging taking, and governments begin using it for malicious political control (e.g. sanctions if a country does not sign up for exploitation), we have to start all over. but, perhaps this is just the cycle of incremental innovation at a larger scale...? :/
okay, now you are just making things up. fees are clearly thisclosed when you open an account because the federal law does not allow banks to bury fees in fine print. here is a good example: [
i image it is similar to capital gains where you do not pay taxes until you cash out
yeah, you do not think you need it, but then people take your joke seriously :
i mean, in some ways it can and if you want crypto to be taken seriously it should be included in those trainings.
ready for more butter?
i tipped you 1 moon xd
you cannot stop people from using faster, convenient, or cheaper products and services. that is also only a problem when those services have no competition. if you can maintain a level playing field for alternatives the faster, convenient, and cheaper products and services benefit all of us. daos could compete with those services in time and without a middleman they could become cost-competitive against large profit-driven organizations.
well, i do believe my own experiences (and the accounts of other working class people) more than the assertion of someone who's never had an overdraft. let's leave this as an exercise for the reader. have you ever met anyone who actually wants overdraft protection? i'm curious about the federal law you just mentioned regarding fine print. where can i read more about that?
just wait, it gets better- biden is looking to tax *unrealized* gains on stocks and crypto
no, once you sell, it then is a taxable event in the us at least. even if you sell then reinvest that profit and lose it all it is taxable after that reinvestment even if you end up losing all those profits... but there’s is something, i forget the exact terminology, to where you can write it off as some kind of lose an not have to pay taxes on it (if you can prove that you lost the profit that you reinvested)
that’s the tax you pay on crypto in the uk % depending on income.
who passes the hot sauce?
give me the butter
oh my god - thank you very much, finally iam a rich bitch :d
so you believe that banks do not follow federal law and that they do not properly thisclose their fees such as in the example i gave? that is some serious tin-foil hat stuff there. ' since you are too lazy to google the laws, i guess i will do it for you: [ [ in the second link, notice the language that says: disclosures must be presented in a format that allows consumers to readily understand the terms of their account.
if they could tell the difference between "hacked" and "scammed" then they probably wouldn't have gotten scammed in the first place.
imagine creating a quantum computer to hack my metamask and then seeing i only have
and especially those looooong posts about what happened, which can be summarized in: *"i shared my keywords."*
the worst part is most scams are successful because of greed. my fave is a somewhat recent news article of a woman who got "hacked" when she sent ethereum to a twitter "elon musk" to receive double in return. wtf lady.
to be fair, social engineering is considered a form of hacking.
do you understand that nearly all of the most common tools in hacking have nothing to with what people imagine hacking is? hackers will laugh at you if you think hacking means breaking cryptography. phoning your mum and smooth talking her into retrieving that slip of paper with the seed from your desk is a perfectly legitimate definition of hacking. actually breaking encryption is one of the least common forms of hacking. most of it is just social engineering, phishing, stealing credentials and just patiently working on things until you find where people slipped up instead of breaking the things they did right.
can't malware steal your login information? or keyloggers? etc.
i’m just gonna add for the all knowing op… stealers, such as redline, have been targeting metamask browser plug-in. these logs are sold on various underground forums. coupled with scripts, you could in fact, “be hacked.”
most of the folks would not explain in details what happened because they will have to admit that it is their fault.
i do not really get your point. it is well possible that one of your crypto-holding systems is compromised in which case your wallet. take the recent log4j situation. you did not have to do anything but any adversary could easily exfiltrate your wallet. assuming you are using a secure passphrase to protect your wallet, this is not that bad per se. but assuming the malware will load a second stage which implants a keylogger, this gets very bad rather quickly. bear in mind that patching the vulnerability would not stop already infested malware from functioning. also, if you stored your passphrase in plain text you do not even need the keylogger. this type of attack is automated and relatively easy to pull off even large scale given a score 10 unauthenticated rce. you can extract useful precautions from these statements. take them seriously. if an adversary is aware of a big crypto pile, targeted attacks are more likely as well. i agree that it is far easier and more prevalent to suffer from self-inflicted breach but to say malware is a conspiracy is ironic.
to be fair, social engineering *is* hacking. and it is the most effective and common form of hacking at that. kevin mitnick's most useful tool was a telephone and a persuasive tone.
also whenever people sell it is a rugpull. crypto jeet 101
so you're saying that i was not hacked when i click a link from an email to integrate my wallet that contains 2 btc and 3 eth to a crypto pooling system? the sender said that i can make 20% gain once i join their pool?
this world need some pro level of ethical hacker to stop these.
omg no shit. every time i read one of those posts it is the same shit. coinbase, metamask, trust, binance, "my shit got hacked". then we find out it was not hacked, they did some dumb shit and gave the money to a scammer. or they got sim swapped and ended up having none of their shit on app based 2fa and they had a gazillion dollars on a goddamn exchange. every time.
if you think it’s a scam, it is a scam
>the whole point of crypto is that nobody, no machine, no cia, no nsa, no illuminati, no bogdanoff can hack your crypto wallet quantum computing in 50-100 years would like a word
im also of the opinion that some of these posts are people realizing they owe a lot of taxes but now that crypto went down are panicking and creating a paper trail to “prove” their funds were stolen (the ol’ “i lost my ledger in a boating accident”). whether that would actually allow you not to pay said taxes or whatever i have no idea... i seriously doubt it honestly.
social engineering is hacking…
i watched this totally real youtube video and clicked this link to this totally legit website where vitalik promised to double my eth, if i deposited in the next 17 hours. i know it was real because it was limited to the first 500 people so i had to act fast. who do i call to get my money back? the youtube video is gone and i didn’t get the customer support number. a guy from ethsupport in my dms promises that if i send him 1 eth, he will get back my other 5. is this legit?
common problem in crypto -- people immediately assume that some matrix-esque hack took place when really they had their seed phrase stored in a plain text file called "crypto seed phrase do not delete" along with all their nudes -- same people that also use password123 as their main banking password lol
social engineering to illegally access and manipulate another's computer data has always been considered a form of hacking.
1) once you've written down your seed phrase (on a piece of paper), keep it somewhere safe and never touch it again. 2) every time you invest in a new project create a new wallet and repeat number 1 3) you do not share your seed phrase and nothing is free...
anyone working with it knows that users are fucking worthless at identifying what their problem actually is.
social engineering is still a form of hacking.
what op fails to mention is that there is a myriad of different ways spyware can get on to your machine to either monitor your keyboard, change your send address in wallets, and monitor your device. yes i agree most probably got scammed, but some could have had their system compromised with malware that could have leaked sensitive crypto information like seed phrases that could allow malicious parties access to your wallets. if i need to access a link that i do not trust i'll do it from a virtual machine away from my main system and crypto. if i need to use metamask to connect to a website i'll connect an empty wallet first and if i need to interact with the website i'll only transfer the needed funds to that empty wallet. most here who lost funds simply just did not use common sense and lost their funds because they gave out their wallet seed phrase without thinking.
social engineering is a form of hacking... but yeah, as long as you're shouty and angry, that'll help everyone.
what if they got scammed and then hacked? i think op is the one who doesnt have knowledge to what hacking means. hacking doesnt necessarily have to break the persons password personally to be hacked. this sub is turning into a fucking garbage pit
social engineering is 90% of hacking.
what if you got scammed and then hacked? would that be called scacked?
social engineering is a form of hacking. you're ranting about a purely technical thistinction. also, have a beer and calm the fuck down.
so many caps... if only shouting was the cure for stupidity
i got hacked by giving away my funds to random stranger
a lovely hacker convinced me to send my btc to her address and hacked me
my bittrex account was indeed hacked into in june of this year. the email account linked to my bittrex was unfortunately a part of that massive email.
this is why crypto will never go mainstream. if clicking the wrong link means you get rekt then 99.99% of people would rather stick with the current system.
actually, the word "hacking" has so many meanings these days that your view of it is very arbitrary. social engineering can be easily viewed as hacking. you're hacking other people. and even your point about nobody being able to hack your wallet is wrong. there are other attack vectors than directly cracking the cryptography behind it. for example, you can compromise the wallet source repository or the repository of some code dependency and add some malicious code. and even getting your computer compromised is hacking, which is something that cia or nsa can easily do.
>the whole point of crypto is that nobody, no machine, no cia, no nsa, no illuminati, no bogdanoff can hack your crypto wallet, that is the whole fucking point of crypto ffs. i'm not so sure about the bogdanoffs.
i get your point. but crypto itself cant be hacked, true. but computers and smartphones can and seeds or wallet passwords can get stolen. so the word "hacked" is still true in many cases.
> no bogdanoff shut the fuck up man they will hear you... ahem! the bogdanoff brothers are wonderful people that can do anything they want but they choose to let us live our lives without interference because of their love and humility and i am in no way saying this under duress because of the fear that the bogdanoff's will use their powers and smite me where i stand.
a few days ago, i saw an article that stated in the headline (!!!!) that someone's hardware wallet had been hacked. i immediately got worried and read the article, only to notice that said person "synchronized" their wallet with someone who dm'ed them on discord. it's tedious. if people want to be stupid, so be it. but why steal everyone's time by using wrong titles and calling stupid and plain scams "hacks"... in the real world, that would be akin to something like... a person flushes their cash down the toilet and then goes to the police stating they are the victim of an armed robbery?
hey, i got hacked! was your password secure? yes of course! no one could guess it was password789!
thanks for posting, but just to be clear: bogdanoff does not need to hack or scam anyone's crypto. if bogdanoff wants your crypto, bogdanoff will have your crypto.
you certainly do not need a quantum computer or a seed. all a hacker (yes hacker) needs to hack you is a key logger. trojan virus > keylogger > no 2fa = i've hacked your computer and you have unwittingly given me what i need to steal your shit. has the blockchain been hacked, lol, no. have you been hacked, abso-fucking-loutely! should people know the difference? maybe, but arguing over the terminology is stoopid!
i always wondered how people can have ? and be stupid enough to think a link on thiscord for free nft's was legit. i know money does not equal intelligence completely, but something about it feels like it would be more exclusive to someone with intelligence.
i have never read here any convincing hacking story.
lmao welcome to it, i get multiple people a week who got "hacked" by microsoft popups. i also get 70 year old men who pay me to help them navigate creating a coinbase account... yeesh
>the whole point of crypto is that nobody, no machine, no cia, no nsa, no illuminati, no bogdanoff can hack your crypto wallet, that is the whole fucking point of crypto ffs i really really...dig that!
let me throw my life savings into my 10year old laptop infested with god knows what, and continue to click shady links to watch ufc for free and bootleg movies through shady sites and somehow i got hacked and lost half a million
sir, why exactly do you have a comedy flair on this?? no lies were told.
thank you for clarification
but hot girls in my area need to verify my wallet
i gave cash to someone who robbed me at gun point. guys, i think i got hacked.
some a\_\_-hole hacked into my bank account on the same day i lost my debit card! what a coinkydink.
i got hacked, the email account linked to my bittrex was unfortunately a part of that massive email.
technically, social engineering is a hacking technique.
so the hot woman looking to give me gluck gluck 9000 with some wap isn’t a woman?,damn!
100% agree with op
this post is awesome and hilarious to myself, someone new to crypto. why? because every time i open a wallet and there’s an update or some other network futz happening my first thought isn’t…. 0!!!! i was hacked! it’s…. what the fuck did i fuck up? because that’s the only way that should ever happen. as you said. they’re designed so they can’t be hacked.
i mean, i thought the same thing until i started watching more youtube videos. crypto influencers are getting phishing emails that contain keyloggers and remote access for windows machines.
what if they stored their seed on a pc and it was hacked? does that count? lol
wojak is now my new favorite word.
>no bogdanoff 😂😂😂 upvoted just for this!!!
i also think it is a huge risk anytime someone downloads a crypto wallet. they say crypto is trustless, but you better be damn sure you trust whoever programmed the wallet. 99.9% of folks have no idea of the code behind the wallet they are using. we went from trusting banks to trusting anonymous computer programmers.
great post! thanks for taking the time to write this!
hack is more palatable as you can blame someone else.
never give out your passphrase!!!
there are generally two steps required to lose crypto from metamask: step 1: visit some random website like “getyourfreeairdrophere.scam”, and authorise metamask to connect to the webpage for viewing your coins. step 2: authorise the web page to access a particular coin. (a metamask authorisation)
it's like those teenagers that were "hacking" their friend's facebook account.
wojak stands for a sucker, right?
i understand your point but given that you can be scammed into signing a dodgy contract that will drain your wallet means that the line between a hack and a scam is becoming more blurry for the average person. ' saying that crypto can not be hacked is just wrong. for example there is malware that will change a crypto address in your clipboard. so that when you cut and paste an address the hacker's address will be pasted and if you're not watching what you're doing you'll send them your money.
some exchanges get hacked. some users leaving their funds on exchange gets hacked. basically, if your funds are not in your personal wallet, you can get hacked.
why are a bunch of these types of posts popping up all of a sudden? starting to make me think a major hack is about to go down or something. maybe op is just piggy backing off the popular post from last night.
it's really hard not to be a scammer with all these fucking morons in the world. seriously, people anyone with a room temp iq can see it is a scam from the get-go 🤦‍♂️ i have no sympathy for stupid people.
scammed, it’s a fine line. both your funds are gone and security was compromised. i think we should call it “bamboozled”
agree with this, seen so many posts from people claiming they were hacked, then you read the details and the greedy idiots clicked a dodgy link from a scammer. this is the kind of shit we warn our boomer parents of and these idiots are falling for it?
but scammed implies that it was partially my fault!
every single one of the “i got hacked” posts reads like your dumbest friend explaining how their phone got “stolen.” “my phone got stolen!!! can you believe it!?! yeah, i was at the movies, and i set my phone on the ground, and left it there. then i came back 10 hours later and it was gone! can you believe someone robbed me like that?!?”
so to say hacked is just for fud?
social engineering is hacking as well. in fact, one of the most successful types of attack. your arrogant tone is a great example of dunning-kruger effect i hate reddit so much for
lmao, i got 1000 of these wallet verification messages. yes you are literally supposed to put your seedphrase in there. if you write your seedphrase on any unkown website you shouldn’t use a wallet.
i think to most people, getting scammed is the idea of pass one’s asset to another human entity without the promised return (intelligence compromised) in the case of metamask or any wallet “hack”, it’s more of the individual leaking the secret recovery phrase of their wallet on illegitimate websites (system compromised) i agree that people should learn to differentiate the difference between hacked and scammed. i mean if they can even learn this in the first place, they wouldn’t be scammed or “hacked”, right?
i'm dumb, what is a wojak?
i really did get hacked on my crypto.com defi wallet. i’ve never given my wallet passwords to anyone. none of my other apps or wallets were hacked.
take those meds bud.
this. one billion times this.
sorry to be off topic but what does wojak in crypto wojak means? i know what it means in polish but i do not know in this context.
yes correct usage of these terms has been forgotten around here lately
gotta remember we are in an age where everything is epic and everything is a 'hack'. words and their meanings are only guidelines.
well i did get hacked when someone stole my yahoo account years ago (might have had some btc info in there ya i’d be that dumb) because i was stupid and had a dumbass password
spread the word, so the idiots learns!
you're talking to the generation whose facebooks got hacked because they left it open and someone typed something silly on their wall. our ceo received a phishing email and sent out a company wide red alert communication talking about active hacking attempts against the company. if you think about how dumb the average person is just remember the other half are even dumber.
i hate it when we call the perpetrators of these scams “hackers”. that’s giving them way to much credit. they are using tools they didn’t create, they usually have very limited technical ability, they are scammers and cheaters. there’s nothing new or special about them. we’ve had scammers and cheaters for as long as humans have existed.
scammed = my fault hacked = not my fault
i got hacked. send some bitcoin to my address and i'll tell you how it happened. don't worry, i'll send it back.
if you want to see something interesting, post "lost my metamask keys can someone help me recover my metamask address? i also lost my coinbase keys and need help with my account" - i've done this about 30 times and the bots come out immediately. yah, it is scamming not hacking.
i agree its the users fault , but not they can actually just get access to your metmask by you just clicking a link. no need for download , or entering a seed etc. its really easy for anyone to fall for that. you are in a telegram group and someone links a tweet? or something ? you click, funds gone. you see someone saying finally new roadmap update on thiscord with a link . you click , funds are gone. i am extremely careful, never got hacked etc. but this is kinda worrying , because if you like to read and research crypto , you click a lot of links , and you need to rely on many people you dont know from telegram , giving you links many times...
great post from an amazing person. thanks for writing.
welcome to woketopia...where language is fungible, words interchangeable even when they are not, and definitions change to suit a narrative. don't drink to woka cola
sha-256 is believed to be quantum resistant. breaking a hash would mean finding messages that produce a given hash. this is the problem of finding an element in an unsorted array. quantum computers only provide a quadratic advantage, meaning that assuming there is nothing better than brute force for classical computers to do, then if a classical computers takes 100 gazillion years to break an arbitrary hash, a quantum computer would take "only" 10 gazillion years. if, however, sha-256 is broken due to some yet unknown property of the hash function making it easily invertible on a quantum computer, the same would apply on a classical computers.
so true. big difference between the 2 but either way the victim gets foocked.
"... they asked me to send btc to double it. it was looking so legitimate. damn! fucking hackers!"
some of these people never got scammed in runescape and it shows
… i haven’t been scammed or hacked. why are you yelling at me?
it's like that fat slob youtuber who got his world of warcraft account hacked.
why do people walk with their life saving wallet into random sketchy fucking websites? i really wanna give them the benefit of the doubt but...
scammers are all around for your crypto money. they are around to make a quick dollar. grab it and sell it for real money.
it is like calling the average game script kiddo a hacker, when they are just using cheats made by others
quantum computers can really crack sha256 hash?
let's take a hot post, and reword it to get some karma.
yep, if you linked your wallet to a contract that you now nothing about, or if you click weird links on telegram. god damn, we’re in crypto, we’re supposed to know better than to click weird ass links…
rip to my runescape many years ago that got scammed then hacked, they gave me the 2 for 1 special
i will never read a post that capitalizes random words and curses to get a f*ing point across
how do people with this much money still fall for such obvious scams? like i feel bad and kind of get afraid but then read their reason and just think, wait you have + but basically fell for the 1990s nigerian scam?
they cant be scammed, they know their stuff. so hacked is more up to their egos maybe? its allways other stuff rather than them live and learn people ffs
that will never happen, imo people are bullshit
yes, the post on the front page already says this. we do not need several posts about the same thing
i still dont get how someone can get scammed by thinking they would get free shit. who the fuck gives away free money?!?!?
to be fair, when you lose thousands and thousands of dollars you do not act logically. let's be nicer to people who got scammed. they are freaking out
i heard that coinbase account details were actually hacked so someone is selling username and passwords on the internet that belong to coinbase users. make sure you all have 2fa set up and chanhe your passwords just in case.
it could also be the ultimate troll
my brother was talking to someone about crypto at work. the work person said if you lose your keys just hire a hacker to get them back. thats not how it works. it's really not like the movies where a hooded goon bashes the keyboard for 2 seconds screaming im in.
actually just to mention, i do think ucla might have a computer capable of that. not sure, in-law is going to ucla for quantum computing and this did come up over thanksgiving.
why is this flared as comedy? am missing the joke?
the human will always be the weakest link in security.
hey i have free nft, free bitcoin and eth i just need your username and password and i’ll be able to send you everything 😂
but... but... i was told that they will double my crypto if i click on the link!
you know i'm still fairly new to crypto... i've only been doing this since april and i am by no means tech savvy. one of the first and best pieces of advice i was given was to browse the coin base sub and figure out what not to do. seriously, this has saved me so much time, energy and grief.
you send 1 eth i send 10 back :) you in for that hahaha and it does not sound 2 good 2 be true
yes please be specific when explaining why crypto won’t be going mainstream anytime soon if we really want to change semantics, this sub should really be renamed to crypto assets or something similar. crypto currency isn’t accurate and often causes more fud for average people because they can’t understand the concept
if they knew the difference, they probably wouldn't be scammed
a fool and his money are soon parted.
i hacked up a fur ball up i checked its not a scam ball
^(to be fair, social engineering has always been the most precious hacking "tool")
hacked has become a synonym for robbed online
>breaking sha-256 cryptography? because that is literally what it takes to 'hack' your crypto wallet without your seed phrase. well, i guess it would also be described as a hack if someone compromises your phone or computer and get your funds that way.
how you gonna do my favorite internet character wojak like that though...🥲
uǝǝɹƃ sǝɯıʇǝɯos puɐ ǝnʃq sı ɹoʃoɔ ǝʇıɹoʌɐɟ suos ʎq sǝɯıʇǝɯos ʇnq ɥsıɟʇɐɔ ɹoɟ sʃʃɐq pɐǝɹq ǝsn oʇ ǝʞıʃ i
those are not even the worst idiots. you know who are the worst idiots? those who get scammed by the recovery's funds and then have their own funds transferred out when they pay the gas. like, "omg guys i got 'hacked' while trying to steal someone's funds and instead they stole my own funds please help i'm a poor victim!"
their brain got hacked
"i invested in electronic beanie babies"
finally someone said this, it is not metamask's fault if you give access to a third person that you met online. be grateful that they did not steal all your available information, you stupid fucks.
nigerian princes around the world would be so proud
he doesn’t believe? hack et.
perhaps the people who were 'scammed' are trying to scam others?
if only they played runescape for a day, this all could have been avoided
naw man i’m tellin you i was hacked by this hot ukrainian chick that was really impressed by my crypto portfolio after i shared my keys with her so she could see it was real. funny part is she never sent me the pics she promised either!
people do get hacked... my bro's computer was entered via a zero day exploit and he luckily noticed after checking logs on his computer. he had remote access turned on and the hacker got through and installed an alert for key phrases so every time my bro entered certain letters the hacker would jump on to try to get 2fa.
there was one guy that had the private key in a notepad. i always store my vault key in front of the vault on a coffee table with a fresh bottle of water for when they get thirsty emptying my vault.
so she was half naked and would get fully naked for your seed. and you gave it to them. sounds like guy in titty bar saying a stripper loved him . you got scammed.
just wait until wallets hit robinhood. so many people are going to just give away their money.
lot of shady metamask links out there. it’s one of the main “noobie” wallets so it is an obvious target for scammers. they may believed they were hacked due to not actually giving away any of their details, but really all that happened was they logged into their account on “ completely agree with what you’re saying op though. my theory though…. hacked posts get a shiiiiiitload of replies and upvotes from people feeling bad. sometimes even tips if the sob story is good enough. moon farming with “hacked” posts is way more profitable than “what’s your biggest crypto ______ “ posts.
what do you expect? half the people here refer to their cryptos as stock lmao
can we get one of these big brains to make a high quality post on how not to be a moron with crypto? i am by no means an expert or even an amateur in crypto, but from day one i knew never to share any wallet information with anyone. it is just getting annoying at this point going on reddit and almost everyday another moron is "hacked" or burned their coins sending btc to an eth address. i think our community has grown very rapidly and we need one of these big brains to make a high quality post on how to properly send crypto from address to address and how to avoid being "hacked".
it is so funny'll make in several years. how did y'all get rich, jesus christ
as someone who works in cyber security - social engineering is the single most prevalent form of "hacking." can you perform a buffer overflow injection into the seed phrase input of a wallet app and take control of the whole chain? does something have to be listed on the owasp top 10 or the mittre att&ck framework? no, social engineering is hacking. get off your high horse.
lol this post is like movie scenes when they try to depict hacking with some green screen computers and hacker furiously typing 1000 wpm with hacking progress bars. it's really something when people get worked up about things they have no clue about
it's funny cause hacked is not even the right term. it's cracked. hollywood popularized the incorrect term. hacking is code manipulation. cracking is compromising security. if you have access to code technically it is already compromised if unauthorized. there's no way to correct this misnomer now, but if we're being pedantic i wanted to provide some clarity.
i'd this like in high school when you would leave your facebook logged in and your frien would go on and post, "hacked you xd xd xd xd" because that is what it feels like. you're not a hacker, you just know jessica's password.
you do realize about 80-90% of hacking is the social engineering process that goes into the hack, right? most of these people have been getting socially engineered out of their money. so op, they have been hacked.
i actually got hacked one time, some asshole was using my pc remotely using a fraudolent version of anydesk, anyway no crypto was lost that day thanks to proper seed phrases and passwords management.
hot girls stole my innocence using a 1990’s profile pic. “got hacked.”
wait you mean to tell me i’m not supposed to click those links that some nft
this one time i was hacked by a prince who i was in talks with for a business deal. another time this financial institution hacked me instead of tripling my money. and just the other day i left my door open as i went out, and by the time returned, i had been hacked! time to click on this big red pop up that has been warning me my computer is at risk
social engineering is considered to be a form of a hacking, but i understand the point you are trying to make. no one has ever been able to brute force through a private key. there have been issues with wallet vulnerabilities in the past, but today if you choose a secure pass for a mature wallet, that is also impossible crack with today's technology. if you have a decent amount of money, you **need** to spend a day or two learning basic infosec.
fuk. am i only fuking person reading fuk every fuking where in this fuking post. man what the fuk, fuking hell.
social engineering i.e. scamming or tricking users to do something on their systems that they should not do. is an essential part of hacking. majority of the most infamous hacks that have been documented involved some sort of social engineering. why are you arguing about semantics, the issue is lack of education and blinded by greed.
it's impossible to argue with stupid people because they will just beat you up to bring you down to their level. let people think that things like social engineering and stupidity are hacking because it is not worth being down voted to oblivion trying to explain to them how wrong they are.
deadass, look at metamask appstore reviews. it’s just a bunch of sweats crying about eth gas fees. i take every negative review with a grain of salt nowadays because chances are the person giving it is an idiot.
michael batnick (whose content i like) did this. mb: "all i did was open the wrong message" cohost: "just opened it and they drained your wallet?!?" mb: "well i logged in to a fake website first" so we went from "holy crap a zero click exploit in the wild" to "actively gave their credentials to a scammer" in the span of 5 seconds.
my favorite are the "first 50 people to dm me their cash app name get " or whatever. always figured they were scams then caught one right as they posted and went "okay, send it". then of course they needed my phone. stay golden.
if you take anything in this sub seriously, you deserve everything that happens to you.
guys i got hacked. i dropped my keys in the street and now all my wife’s jewelry is missing
good point. as subtle and tactful as a sledge hammer but good point.
jokes on them when they see the gas fees to transfer off metamask are more than how much i have in metamask
you mean to say those guys dm’ing me aren’t hardcore hackers but just run of the mill scammer :( i thought i was special
to be fair social engineering is hacking :)
everytime. the only real hack is when some fool has sms authenticator on and they do the sim switch stuff. but what moron uses sms authenticator right 🤣
reminds me when people on facebook would say they got hacked. yup all those public pictures of your tits were a black market item that warranted the effort to hack a social media page.
social engineering is a form of hacking.
they either are completely noobs that dont even know what happened or too ashamed to admit they screwed up
i thought the government hacked some dude’s crypto earlier this year? the guy kidnapped somebody and ransomed them off for bitcoin and the government got it back somehow
this misinformation is spread out that people think it’s so easy to hack your wallet. the only hack i know is a coworker having millions of dollars in his coinbase wallet by mistake and the funds are frozen.
hi, cybersecurity here. social engineering (phishing, vishing, smishing) are all not only part of hacking, they are the overwhelming majority of it. comparatively very little hacking is done through enumeration, reconnaissance, attacks, and exfiltration, which is the "classic" hacking that people with no actual understanding of the concept see on the tv and take as gospel. if you do not understand cybersecurity to any degree, do not make thisparaging posts to farm moons at the expense of people who are not even wrong.
like when my cfo gives their password away when they got that random fbi email and explains to everyone they were hacked... no, no you were not.
yes, for gods sake! "i was hacked, wallet x sucks, broker y sucks, anyway ive saved my seed phrase on my nephew's laptop that he uses to play games downloaded from [definitelynotavirus.com]( i also published my seed phrase on thiscord since i trust people there would never do anything against me, anyway people, dont use wallet x and broker y!"
i work in it support. someone calls me saying they’ve been hacked at least once a day. nope, turns out you just clicked on a fishing link.
i have a couple older relatives who said they were "hacked" and called me. after doing some question asking about what happened, i found out it was 100% their fault and there was zero hacking done. they were fooled into giving over sensitive information and they simply just used the information that my relatives willingly handed over to them. my classic definition on hacking is when a hacker finds a vulnerability in an os, piece of software, etc. and uses that vulnerability to gain access. perfect example of this is the recent log4j exploit that was thiscovered.
it's weird, it creates a narrative that crypto is just naturally unsafe which scares alot of people away.
i do not understand how people fall for scams, especially when they ask for the one thing that should be driven into our heads by no to not give to anyone.
we need a new word. "you got scacked!" or maybe "i've been hammed!"
why is this tagged as comedy? it's the truth.
“but im too smart to get scammed”
this would be a dream come true!
literally was talking about this the other day to some person spouting fud about crypto. saying "it is so insecure, hacks are everywhere". to which i said...no, crypto is very secure it is just called social engineering, phishing, and scams.
i posted about a scam with links to the scam as well as a link to the wallet on a wallet scanner website to show it was a scam. i got shadow banned from that coin specific sub for promoting a scam. even though i blatantly labeled and described it as a scam. i was watching hundreds of thousands of dollars be lost in the matter of a couple days
that’s called social engineering or phishing. decades long fraud methods.
well to be hacked they dont have to have the encrypten hacked. for example a keylogger is hacking. also if they jad the seed phrase in a app for notes with weak protection and that got hacked (i know of a case) then they did in fact got hacked. but still a lot of people use hacked when they should use scammed. cheers
there are multiple attack vectors to systems. a lot of hacks do not occur only due to software malfunctions. they are because someone impersonates a victim in customer support. they are because someone left passwords or social security numbers in a dumpster. event hacks like the infamous stuxnet virus required someone to be stupid enough to put a usb stick into a computer to see what was on it. edit: "to gain illegal access to (a computer network, system, etc.)." - [ edit2: remember that scene from la femme nakita where nitka has to hack into a system in a given time, so her solution is to threaten to kill the instructor if he does not give her the password? the instructor is terrified of her sudden and unexpected show of violence and gives up the goods. well, that is a valid hack. op is wrong
next time when there is a post on someone getting hacked, i am just gonna first ask "alright what did you do"
quantum computer says hello.
i was trying to explain something like this the other day to a woman who'd read about crypto and wanted to get into it and web development without understanding a damn thing about cryptocurrencies, https, vpns, security in general, and had a really bad habit of always clicking "ok" on any popups that appeared on her phone. the worse part was, despite asking me for help i knew she was not listening to half of what i said because i do not have the credentials of bill gates or elon musk or anyone else who'd been in the news along with the words "cryptocurrency" "high tech" "data mining" or whatever else the talking heads could throw up. it's damn near impossible to save these people from themselves because they just do not give a shit until they have already sunk into the muck of a worst-case scenario.
so you’re telling me the 6th grader who gave their facebook password to half the class might not have actually been hacked
tell that to bitmart
a lot of comments here are like "social engineering is hacking" correct however the issue is treating the platform as if it is the weakness when it is not. one user being hacked because they did not notice the url went to something.ru does not mean it is easy to hack other users who see that and know better. not victim blaming either, but the point is hacking a user is easy and is a point about the person not the platform so stop saying "platform is insecure" when reason it is insecure is because it is possible to type or paste your key.
😁😁😁 please do not burst people's bubbles like this. how else do you think they can get all those beautiful and useless internet points with a slathering of sympathy. edit: aww i got hacked i would never write this 😭
agree. tell it like it is. you got played a fool, because you are one.
if those kids could read they would be very upset
what’s even more of a joke is that people think reddit moves or has any real impact on the crypto market. you guys really need to realise that this subreddit can maybe give you a heads-up to changes in the market, but it is not what you should be basing trades on
i'm wondering how you would classify clipboard wallet address swapping malware?
y'all say hacked like boomers with 12 year old computers do
recognisable. people also sometimes refer to "my email got hacked". no, you should have picked a better password instead of "hello123" and enable 2fa.
so you’re telling me that when i was in middle school and forgot to log out of myspace and my friend started posting on it, i wasnt really hacked?
the thing is, people are currently misusing the word "scam" for failed projects or any project that did not make them rich.
100 gazillion? that’s nothing, i lost 1000 bablillions.
now tell people the difference between wifi and the internet or storage space vs memory. "my wifis down? "oh you mean it does not work at all" "yeah" "i see the ap what's wrong" "google does not load" "my computer's out of memory" "we can certainly look at what programs are taking more than their fair share. we might install an additional module" "see says 20gb out of 500 left. that's bad is not it?"
hacked just sounds juicier than scammed. hacked takes away responsibility from yourself scammed means you're a dingus that fell for a broken english reddit dm which is embarrassing.
true , most of hackers use social engineering, but not super hacks and etc . people just give everything by themselves
technically scamming aka social engineering is a big part of hacking.
got me with bogdanoff 🤣🤣 nice writing
my brother was hacked. somehow somebody got into his uphold account, set up 2fa and locked him out. transferred all his funds held and even purchased . apparently he also used a unique password for uphold that could not have been leaked anywhere else on the web. he's learned his lesson since, and while he should have protected his account with 2fa to begin with, he is never been tech savvy and at the same time we should not have to worry about our funds held on exchanges like uphold and coinbase just as i do not worry about my retirement held with fudelity.
hacking 99% of the time involves social engineering to gain access credentials. so it is both scammed and hacked in using stolen credentials.
they did get hacked. social engineering is a form of hacking and not all hacking involves computers.
that is one limitation of crypto that normal joe cannot use it.
social engineering methods .
highly underrated post. there ae so many people in crypto who have absolutely no idea what they are doing.
its like when people says "my twitter was hacked by friend x". how did they hack you? they had the password. that is not hacking!!!!
dude, take back the bogdanoff thing before you thisplease them. this could get ugly
it means boomers are in crypto. they’re the only ones who say stuff like “maxs face book was hacked so i can post whatever i want!” then it’s just someone on their phone that they lnow
i love how wojak, bognadoff, and safu are woven into this post giving it that extra hilariousness
90% of hacking is scamming. it's not as matrix-y as you'd think.
falling for hack links does mean you got hacked wtf lol. no it is not a scam if you download a rat that is literally hacking.
social engineering is a well established component of hacking
to be fair, getting someone to click on a sketchy link is a form of social hacking
people call everything a hack lately. even when their psycho ex logins in to their instagram (with the password they voluntarily gave prior to breaking up) and decides to delete everything, change the name and allthat. ' people are quick to call their stupid actions a hack.
social engineering is a classic hack.
yeah, i got you this box.
technically they did get hacked. their wallet wasn’t hacked, but they were. social engineering is the most effective attack vector for hackers. tricking someone into giving them the information that they need to compromise a system has always been the bread and butter for hackers. so while i get the point, this is still a hack, and the most common and effective kind.
when ever i get a whatsapp asking about crypto i send them a picture of captain corona.
what's worse is the media does not seem to know the difference either most of the time.
you may be underestimating bogdanoff brothers here. other that that all true ;)
to the people who did not
on a side note, im not very much into crypto, but wouldn't it be prudent to have several wallets to spread your holdings? i read so many stories about people losing millions because they got scammed or forgot their password.
in the words of the great tony stark... "nobody says hack anymore, it is not the 90's"
scammers aside, it is annoying to see dumb people blaming everything except themselves for being scammed.
> did someone suddenly invent a quantum computer capable of breaking sha-256 cryptography? rainbow tables exist. ;)
if you’re so concerned about the government taking your money just buy silver and gold then bury it
imagine losing ,000 because you got phished over an xbox live monkey icon nft lmao
same with people who say exchanges sold their funds cuz they cant withdraw. people always flip out the second it happens and make some dant post. idk why but sometimes exchanges just dont like sone addresses even if theyre perfectly good, try another if available
basically my first thought everytime i see one of these posts. spot on.
edit: this was just the max fee possible that could be taken, but most of it was returned after the transaction processed. in all it only cost me around 65 lrc. still a little high, but i'll take it ~~ugh, not very related, except for in the vein of stupidity, but i got charged 200lrc (about ) to move ~~
phishing is hacking angry guy. at least learn before ranting on a subject. also of course services like trust wallet etc can have security holes.
take my free award!
reminds me back in my runescape days when people said they got hacked and lost their gold, no you dumbass, you gave your password for free membership or clicked on a free gold phishing link in your email.
you’re flair shouldn’t be comedy, it should be truth. i’m sick of everyone running toward cryptocurrency without researching how to protect themselves.
my only quarrel… would you really be totally shocked to learn that nsa can in fact do it? i wouldn’t.
the things you describe are literally [types of hacking](
it's the same actually pishing is considered hacking trough asking 12 words simple and not showing high level trough deploying a malicious smart contract, that is much more elaborated and shows curated level of coding to scam the person meanwhile the criminal is hidden trough internet and using a computer is considered hacking, no matter the method he hacking is not just about exploiting a bug
it's the same people who rage at gmail , for them being 'hacked', when the actual issue is they have been using the same password for everything over the last 8 years. >reeeeee, i've been hacked!!1! no, you need to actually use separate passwords, or a password manager, and not click on phishing emails.
anytime i read "my account got hacked" followed by "i gave my keys awa...", i just stop reading.
i've been in crypto for ages. here's some of my unfortunate experiences: - lost some coins in the mt.gox hack - btc-e stole all my coins and funds (locked my account for no reason) prior to fbi raid, everyone lost everything in btc-e - lost tokens due to broken phone biometrics which locked me out of coinbase and their app was broken and would not give me the recovery code shit happens.
scamming is just social hacking
it's all of these nubs getting jedi mind tricked. stop talking to people who dm you. no one here is kind enough to talk to you privately, it is all an effort to get you to give out your personal info. this is why reddit should close private messages.
guy i was talking to yesterday swore his friend was hacked and they decided to play with his longs and shorts. but that was after the exchange locked him out and liquidated him... which he somehow had screenshots of happening, even though he was locked out ?? like dude... first of all, pretty sure it was you and this post is just to show your so. secondly, no one is hacking you, just to mess with your long and shorts and get you liquidated. thirdly, you just got liquidated and locked out, then called and paid to cover (clearly how you got back in) then put bad orders, lied about being hacked and tried to get them to roll back your positions... ' you're a bad trader, own it.
i wonder whether these people would send . 🤔
anywhere but the steam
maybe there should be more posts on how people can secure their wallets but i agree big difference
ditto for claiming wifi is internet. use proper english!
i’ve recently been showing my friends that they need to do more than just thisconnect their mm from websites when they’re done. they had no idea what a smart contract was...
never dip your dick on acid.
this needs to be stickied
trying to get this across to my gf after she got scammed... she is coming around. it's an expensive lesson to learn though.
>for fuck's sake, most of the people that lost their crypto money got scammed, not hacked. did someone suddenly invent a quantum computer capable of breaking sha-256 cryptography? because that is literally what it takes to 'hack' your crypto wallet without your seed phrase. the hacking happens when your computer or phone you are using for crypto transactions has malicious software on it. this software can hijack your clipboard so when you paste a wallet address, it pastes the scammers address. or it can get your private key from your machine. the reason cold wallets are more secure is because they are not on a vulnerable machine that is connected to the internet, and they never provide your private key to any software they interface with. technically they are still vulnerable to exploits, but they are so much safer due to being such a closed system. the whole point is, you do not have to hack the blockchain encryption itself to steal someone's funds. you go for the weak links who already have access and hack them.
"do you not know the difference between our website and the internet?" -the website is down
i'd feel bad for people that get hacked, for people that get scammed tho, i'd say step away from anything financial involving computers.
lol i get that message at least once a day on twitter. you've won 3 eth!!! just go into your metamask wallet and click on this link and enter your seed phrase...what the actual fuckkkkkkkkkkk...why would you enter your seed phrase into anythinggggg!!! goddammmittttttttt...that is the whole point of the seed phrase and a wallet...fuckkkkkkkkkkk edit angry words because i vant believe people do that.
wait, you mean that nice guy didn't need my seed phrase to verify my wallet?!
if people just kept there seed phrase to themselves they wouldnt have to figure out the difference between scammed and hacked cause most likely nothing bad would ever happen...
nigerian prince had entered the conversation
not to be pedantic, but… social engineering is technically a form of hacking. you aren’t hacking a system per-say, but you’re hacking a person. and then, you usually use whatever you obtained from the person in your hack. tons of hacks start with a phishing email or spoofed phone call, “social engineer” out some juicy personal information, then use that info to get in and then further hacks can be executed easier (especially with privileged access).
lots of newbies its okay. we have to continually educate them and remind them to not click on random shit
its all just moon farming its all bullshit
fools and their money.
upppppvote, but one would say social reverse engineering is its own black hat hacking
they know they got scammed but won’t admit it
i'm pretty sure people know the difference it is just less embarrassing to say they got hacked instead of admittingly they fell for some low effort scammer.
"lol xd i hacked mackenzie's facebook" no you just changed her status while she took a piss same energy
finally something note worthy post.
to be honest, most people does not know the difference between being hacked and scammed. moreover, being scammed means being fooled by someone which most people are not ready to accept publicly.
dude, social engineering is the best form of hacking, source: my buddy who does virtual and physical security penetration testing for financial institutions. social engineering is almost always what gets him into places he should not be.
no one wants to admit they were scammed. it makes you sound like an idiot. this is why people use hacked. they want sympathy from the community
that's on the community for not recognizing there is usually ambiguity with both those statements. i like how you want to pin that on the person getting scammed, not the entire market behaving like pack animals.
i always thought it was “for fuck sakes” 🤷‍♂️
with all the advancements in computer security, unless you find a zero day vulnerability, hacking nowadays is just using social engineering. this post just makes you seem ignorant. do you think hackers nowadays just type something on their keyboards and they remotely hack people? lol
rather than chastise those you feel intellectually superior to, your efforts would be better served with educational outreach. this post is masturbatory and a reason why people look into this community as a bunch of self righteous lunatics. ' edit, a typo
a lot of people also claim to be hacked because they buy obvious shitcoins with no liquidity. also when they dont understand how reflections work. also when they dont understand what slippage or transaction tax means. also when they interract with scammy smart contracts. also when they believe their air dropped shitcoin is worth thousands of dollars, and they connect their wallet to a dapp best described as the internet equivilant of a white van with no windows. 🙃
“crypto is way more secure than banks!”
it’s almost like this whole sub is filled with idiots trying to get rich quick
brought to you by the same clowns who predicted bitcoin 100k this year.
i had a scare on my coinbase acc. some background… im a software engineer and have studied social engineering tactics. i didnt click any fishy info or input my info into some sketchy place. my password changed on my account from some random place in the uk. im thinking wtf, how?! i got dual authentication. my current hypothesis was that they somehow gained access to my email and used that to sign into the google authenticator. they also changed email settings to put coinbase on the block list. after some time, i figured things out... anyway, i changed emails and google authenticators. they werent able to steal my funds (likely b). i havent had an issue since removing that email from the account.
at least 90% of all modern hacking is social engineering, at least when it targets an individual that is. that and given your example, the example only works if they have done the legwork to automate the process of finding their marks. in short, there is always a middle ground between hacked.
shit i think i got hacked but these guys are super clever. they been taking small increments from my portfolio for the past two months... oh wait it is just the market 🤣
i have a few token that range from . i was hoping someone would hack mine and feel sorry for me and leave some.
as someone who works in banking - fucking thank you.
that is 99.99% of all hacks. to hack means * to gain illegal access to (a computer network, system, etc.) social engineering is probably the single most efficient tool in a hackers toolkit. and some people here act like it is not technical, good social engineers spend quit some time to set up extremely well made homepages and e-mails. and they know what data they need to acquire and how to exploit the access they gain by social engineering. it is actually quite impressive to watch a professional social engineer. i would not stand a chance
i mentioned a bug on the atomic wallet reddit. within minutes i got some a-hole named u-atomic wanting me to "verify your wallet" on a site that also had atomic as part of the name. of course i did not do that but there are a lot of gullible people who would do that.
seriously, thanks for having the balls to come out and say it!!
there are not enough awards to give you for this post.
it would probably be easier to hack those people than to scam them if you knew who they were. i’m willing to bet that they are using the factory passcode printed on their wireless router, and have a file on their desktop labeled “crypto stuff”.
i bet bogdanoff can do that
sadly here it is not limited to crypto
i mean, if you're "investing" in crypto, you're already getting scammed. this guy dug his own grave. fuck him.
thank you! hacking is when people get inside of your stuff on their end alone regardless of what you did.
why is this faired as comedy? it's true
imagine having 200k in crypto and trying to get a free nft
i gave my password away and got hacked bro
breaking sha-256 is not involved as you state, thats a hashing function and not an encryption scheme. you would need to break asymmetric encryption with your quantum computer, the elliptic curve secp256k1 as used in ethereum (and many others). hashing functions are used for the mining part in proof of work chains. not trying to be a dick, hopefully someone learns :)
look up the definition of hacking, then realize that what these people went through is a form of hacking. someone got access to stuff they’re not supposed to. that’s it. that’s all hacking is. just because it’s simpler than you think the definition is, doesn’t make the truth go away. have some sympathy for crying out loud.
i sold btc for usd and moved it from gemini to my bank account. the next day, that money was out of my bank account. that seems like i was hacked.
why are you yelling?
we got some dumb motherfuckas in crypto i tell ya what
this is why crypto will never go standard. in the event that clicking the off-base connect implies you get at that point almost hundred percent of individuals would or maybe adhere with the current framework.
oh i'm pretty sure bogdanoff can break sha-256 cryptography. you obviously do not know what he is capable off. he literally dumps the price the second after i bought some crypto.
nah man, they totally haxed my [seed phrase]( kappa
i feel some of these posts are people that probably didn’t get scammed in the first place or hoping some nice soul will help replenish the lost money
it's like when someone posts with someone else's facebook and says "hacked"... i probably sound like a boomer, more like snapchat these days
i work at a crypto exchange and i cannot tell you how many complaints we get because people claim they got hacked and our security must be sub par. when actually they clicked a link after someone promised to give away 10 btc for free.
help, the market is down -25%, i’ve been hacked!
social engineering fits the definition of hacking
social engineering is hacking too fyi. probably the biggest part of the hacking industry.
there are losers in this world whose entire purpose and income is banking on you clicking that link and installing a backdoor into your system. or "validating" your wallet, which is a straight up scam.
this is true for the overwhelming majority of account comprises *in general* - ## of the time, hackers don’t *hack* in, they *log* in. people aren’t vigilant enough against social engineering and phishing attempts even thought they are *the most common way* to compromise an account. by far.
same with the people who click links on facebook and get their account stolen, to go on and say they were hacked. drives me nuts.
so is the whole sim card hack thing a myth then? what i've heard and read is that they hack into your sd card on your phone somehow and basically take over your phone and send all your crypto to their wallet. i have no idea how the tech behind this stuff works so i have no idea if this is even possible or not but thats what my buddy told me happened to his coinbase account. i do not think he even had a wallet, i think he just kept it all on coinbase.
sometimes there is a middle ground -- like when it is a targeted attack that is able to install a fake metamask extension on your browser, or otherwise install malware on your computer. i'm more scared of that stuff because i'm not going to put my keys in or approve bullshit nft things but i do go to a lot of weird crypto sites for research and i feel like hackers are always trying new things to get malware on your computer.
thanks for this. i do not have the karma to post here but tried yesterday along the lines of asking how are all these people getting hacked. essentially user error. clicking a shady link, giving out of information, etc. i feel secure.
scams never like to admit they were scammed… not a good look
anyone want to check my seed to make sure im still unhaxorable>?
isn't a scam just a hack for humans?
>did someone suddenly invent a quantum computer capable of breaking sha-256 cryptography? because that is literally what it takes to 'hack' your crypto wallet without your seed phrase. >the whole point of crypto is that nobody, no machine, no cia, no nsa, no illuminati, no bogdanoff can hack your crypto wallet, that is the whole fucking point of crypto ffs by that definition no 256 bit password has ever been hacked. keylogger? rootkit? malware browser extension? none of these are hacks, because they did not break 256 bit encryption, therefore it was simply "user error", not a hack. this is the kind of dumb armchair cyber-security that has people fall for social engineering because they believe false claims that "bitcoin cannot be hacked bcuz encryption", and so do not bother to consider any of the actual vectors of a hack, because "bitcoin is unhackable"
people have been using "hacked" instead of "scammed" to thistract from their own mistakes since way before crypto. this is one of those ancient pillars of working in technical support.
they can’t help it. it’s a generation of people that wrote “hacked” and a stupid message on the wall of every friend’s facebook page that was already logged in.
“we finally made money unhackable.” “wow really? what did you do about human error?” “fuck i keep forgetting human error.”
safu my fellow degenerate. have my free silver towards your bountiful moon harvest. well done. just don’t be a doofus and you won’t lose your bags. most excellent post.
most of hacking is social engineering i.e., tricking people into giving access or handing over credentials. they're really not different.
preach it! here have a big brain award, you deserve it.
spoofing attacks (phishing) and social engineering are techniques of hacking. therefore being tricked into giving secure information is being hacked.
not sure why this is flaired as comedy when it is actually so true and a serious topic with very real rammifications. people saying they got hacked means security breaches and lessens crypto's dependability in the eyes of the average consumer. stop saying you got hacked.
the government hacks my pay check each month.
i mean, some scams allows them to get hacked... oh wait, cryptocurrency is unhackable.
a cute girl messaged me and wanted to see my wallet . i clicked on her link and now i got hacked . it was worth seeing her pretty picture . all i have now is the profile pic on my phone that i screen shot. this sounds like just about what happened . now i’m going to print out her picture !! 😂
except phishing and social engineering are both forms of hacking. this is hacking. y’all need to go to school. not all hacking requires scripts or code.
if ledger and metamask are not safu, is anything safu anymore?!
jesus christ yes. the amount of people that say "iota was hacked back in the day" are astounding.
what he is describing is called “social hacking” i’m not sure what the point of this thread is.”?
my coinbase was emptied. they got access to my email and text messages. i froze my account the minute i saw my password had been been changed and i couldn’t log into coinbase. they still emptied it.
if peoples would do that for everything instead... "my facebook has been hacked" yeah... you submitted your info. not like a hack at all...
yeah, good luck teaching people. this is the next generation of parents who called every video game system ever "nintinder". nin-tinder, it is a lot more fun with a second player <3
people say they hacked bc they know they f'd up
i just stay on the safe side and avoid all the stupid give always. they’re just nesting grounds for scammers. why would someone type in their seed phrase? breaks my heart that these people don’t even read rule number one when signing up for metamask. never share your seed phrase!!!
people should make time to research how to better protect their wallets instead of looking and asking what is the next coin.
so, op, how much did you lose already? 🤣🤣🤣
wouldn't that still be hacking? like hacking is just using a computer to gain unauthorized access to data in a system. so how is what was described not a hack?
while technically true, there does appear to be a collision that is practical for sha-512. these people did get scammed though. never share your seed phrase
thank you for saying this so true .
this reminds me of my aunt who once gave her iphone to her grandson to play games. grandson was maybe 5? and made a shit ton of in-app purchases. i do think some were a scam because he apparently racked up ,000 in charges in a short period of time, but still. that’s not hacking, you walked right into that one.
i learned not to get scammed by og runescape trading
but, but, but with my big crypto brain i could not get scammed. so as my tenzies are gone i have been hackz0red.
phishing is also called social hacking. nothing wrong with calling it a hack.
what the fuck is wrong with people. how can you be this dumb. you’re not getting “free” anything.
i used to hate when boomer folk or non-tech people would say they are "hacking their friends facebook."
me quietly cashing out tens of millions of meme coins all week and considering the modest gains a fucking blessing i'm gonna stick to eth and algo for a while
social engineering can be considered a hack
this goes waaaay beyond crypto. people claim to be “hacked” all the time and what they mean is they were socially engineered to giving up credit card info.
just like when people say "my car was broken in to last night". then later in in the post "we forgot to lock our doors...". sweetie, thats called pretty theft not b&e.
it’s kinda like the difference between hepatitis and aids
you have to be a special type of idiot to get scammed the way 90% of the posters here have, like people literally tell you "send me money and i send 100x back" and you do it? literally just nigerian prince but with crypto.
even most real exchange hacks have resulted in almost no users losing their funds.
technically they do not need a quantum computer. they could "hack" whatever computer you regularly use and install a keylogger or screen recorder. which is probably alot easier then trying to brute force your key.
you got scammed as soon as someone convinced you to buy crypto lmao
how old are you, op?
for once on this comment. thank you
either way you should not be educating yourself based off reddit anecdotes, if you're going to invest then do it wisely and educate yourself properly.
you’re really just arguing semantics. i would call phishing a hacking technique.
yes but also you could get hacked. and that exposes your keys and then stolen. but no not as in keys are calculated by hacker
you should check out coinbase reddit. newbies losing tens of thousands of dollars because they responded to "coinbase help" with broken english and gave their account info away. and then complaining to coinbase customer service.
key phrase here being: don’t share your key phrase. where the fuck is my key phrase? i didn’t even know i had one.
a lot of the time it’s older people that scammers look to scam. the crazy thing about these posts are it’s usually the greedy ones who get “hacked” by sending their seed phrase or assets to a random wallet.
hacking vs scamming is a grey area difference as others have pointed out. the important part is, did you do something stupid to cause this to happen? if so, what was it?
there was a dude in here legitimately claiming the other day that china has quantum computers capable of cracking any crypto wallet. completely ignoring the fact if this were true, not only would the crypto market reflect it, but they’d be lightyears ahead in so many other things that it’d be impossible to hide that breakthrough.
free money and sex. just send me your bank account numbers and passwords. i'm also a lithuanian prince.
lmao very true point
if your silly enough to give out your seed phrase then you probably cant tell the diffrence between hacking & scamming!
>no bogdanoff can hack your crypto wallet i do not agree with that, but the rest is pretty accurate
i once got rug pulled, it happened because i was a newbie and ignored all the red flags, i got blinded by the ridiculous gains that i was making just to loose it in a matter of an hour. i got scammed because i did not know at the time the difference between a solid project and a scam ... i still do not.
people do not like acknowledging how stupid they are; they like broadcasting it to others even less.
well social engineering is a form of hacking but okay
legally, hacking is broadly defined as breaking into a computer system.
crypto and nft are scams too lol
this is actual footage of a wallet being hacked
faktoshi scam revolves around the claim he was hacked
breaking ecdsa cryptography (not sha-256) would still not be "hacking" though. hacking should be "got access to my computer via internet and stole my hot wallet keys". that is really hard to do nowadays, but absolutely possible.
there’s a pigeon inside your crypto wallet, sir.
he was trying to make back some of the losses in moons
i love this thread.
lol newbies... i call it the circle of life or the great filter
i was actually hacked. woke up one saturday morning, a few months ago, to a bunch of emails from coinbase. 3 purchase notifications and transfer notification. luckily coinbase saw this as suspicious and locked my account before the transfer completed. i kept trying to reset my password, but the texts never came through. it took me a day or two to realize that they had transfered my number to another sim and we're intercepting my texts and calls. what a pain to get it transfered back. they kept saying that it was not transfered, but they could see my sim as an old one on the account. i'm the end i did get back into coinbase and remove my checking account from it. i had set it up so long ago that i had forgotten they were even linked together. i now have a couple hundred $'s of bitcoin that i did not have before. i still have no idea how they got my coinbase login info and phone number. i had not logged into my account in many years.
there is a fairly popular project at the moment with a decent marketcap who recently came out on twitter saying they got hacked by binance and cz needs to be personally held accountable. when you read into the story more it turns out they got sent and email from asking them to send ,000 or something worth of their coin for listing liquidtiy. they sent the money and then claimed they got hacked by cz on twitter (as the project). whole thing has me bashing my head against a wall. you literally just sent money to some random with a fake email. you are 100% to blame.
nobody, no machine, no cia, no nsa, no illuminati, no bogdanoff can hack your crypto wallet... yet
i feel like i saw a non-comedy version of that scenario you played out hmmm
a side note though : metamask stores the private key on your computer. anyone who can get access to that computer can copy the file containing the private key and unlock it using the open source vault decrypt, provided they have keylogged the password already. now that is hacking ;-d
the best ones are when people claim their hardware wallet was hacked.
i hope i do not get hacked, i also hope i do not get scammed. the latter will be on me if it happens though.
lol validate wallet. they do that to dumb people constantly. they send reddit messages to users on this sub constantly. this sub should honestly go private so scammers do not target the users.
quick question, if we write down seed phrases and keep them secure, delete hot wallet app, only download it again when ready to sell. is that safe enough and not need a cold wallet?
yeah! same goes with roblox.
"you invested in crytpocurrency, not 'i
i bought my first nft last weekend and a few days later got scammed out of 0.15 eth. yep, i clicked on a link in discord offering me a post-minting opportunity for a popular nft that had sold out. it's all on me. it hurt but i learned something.
but if i say "hacked" then no one will think it is my fault
i can’t tell the difference between them but i will not click on any link or validate my wallet on any site or link there is no reason for anyone to give me free shit 😂
if those kids could read they would be very mad at you op
nice rant! not that i want to see anyone lose money, but a lot of life lessons are being learnt here.
honestly if you click on random sketchy links and put in stuff they never tell you to give out you deserve to get scammed.
sha-256 lol one of the least safe encryption methods going.
don't under estimate bogdanoff!
i have this same issue in video games. hackers make the cheats, cheaters use them.
i am sure i was hacked! by that guy in swordfish he dropped logic bombs on me he had plenty of time.
isn’t that getting hacked tho? most hackers use social means to gain information to use to breach peoples accounts. it’s still considered hacking
i'd also add that a "dump" is when someone sells some tokens. nothing is taken from you. a rug is when they take your liquidity. example: polyozarkbakeswap is paying 5,013,189,018.23% apy on usdc-usdt lp tokens, but it is paid in shite, their native token. a **dump** is when someone sells a massive amount of shite at once and the value of shite plummets as a result. as long as you did not buy shite (ie you were just farming it to sell) the only thing you've lost is time, gas fees, and opportunity costs. basically nothing. a **rugpull** would be when polyozarkbakeswap steals the usdc-usdt lp and you've lost actual money that you put in. people often mistake the two but they are not the same and mean very different things.
this perfectly describes coinbase subreddit.
coinbase reddit page summed up
seems you also do not know the definition of hacking since most of the hacking is "just" social engineering.
someone hacked me and posted my crossdressing photos all over facebook. i wish they hacked my other harddrive because i had way more photos on that one.
u-dragon why did you hack me bro? gimme back all my buttcoins and ecsthereums.
things like this are what prevent me from buying crypto, not being hacked, but how technical it actually is makes it seem like it would be easy for me to buy into a large scale scam or pump and dump. i mean, i do not even know where i should buy and store crypto and any answer i find i hold suspicion of. i'm not bashing crypto at all and if anyone has advice i'm glad to hear it, just thought an outsider perspective might be nice
you know that hacking means breaking in and that social engineering is also a form of hacking?
password guessing also counts as hacking so that is also something. hacking is a task over and over again until you get a result. originally coders where hackers for entering input 24.
this post hacked my feelings 😢
i've been hammed and beaned before
these people should really stay away from this sort of thing. nobody who trusts shady thiscord links should be trusted with anything this complicated. good post, i'm also over seeing this stuff lol.
technically the definition of hacked is an unauthorized entry to someone account so a scam can lead to to a hack but yeah maybe we need a better term for hacks resulting from scams and
i actually got hacked and lost .3 million usd by nexo. used their website instead of app once and was curious about their coding interface so i inspected element. laptop got hacked and phone got hacked, badly enough for me to snap it in half. bought new ones and signed onto nexo to find out i had about 'd never taken out a loan and had like . laptop and phone got hacked immediately. went to hotels with private wifi with phones and signed up to sims and was hacked immediately, guessing as they had my kyc they knew if i signed up to sim cards. in the end i went to take all my stuff off binance and they rerouted my page and somehow edited it to send it to another address. caught them doing it as i was filming everything and they hacked it all. even my dslr camera got wrecked they somehow destroyed the battery and wiped off the last 2 months of data. hacked my wifi multiple times and i changed provider 3 times. went through i think 11 different phones and 5 different laptops, one apple included, all hacked immediately. they left my dads stuff alone until i went on his device and they spotted me on camera and hacked it, got locked out and had to have apple reset 3 devices in store. i was scammed for 3 eth a little prior to that by trusting someone, i am way too trusting of people. but the above was all hacks, to the point i had australian police looking into it, taking me to stores as a test at officeworks or apple and they would put 4-5 people one at a time in front of the camera then i'd walk in front and the light would go on and the computer would get locked down. they even appointed lawyers for me to look into it but they operate in 200+ jurisdictions but with no regulation, despite being insured by lloyd's insurance, they follow their own legislation in bulgaria. had to give up and lost all my money that i'd been saving since 2014. i do not even want to think about how much i'd have as i had . tried telling a few subreddits about it but they all thought it was bullshit so i figured no real reason warning people. centralised coins are not a good idea, even if they operate out of a legit law abiding company. i'd done well by not putting stuff in multiple coins and just going all out on a few and holding, and i had enough of some coins like nexo to effectively short the market for a few hours and buy back in the bear market to make 20% gains. but my advice is to only put a few % in centralised coins if at all, not all of them will be selective scammers or rug pulling companies but some are and you might have bad luck.
dude, just chill, this post is a bit of an overreaction.
i thought this post was about gas fees
is it possible that spy ware could be on your computer when you set up your wallet and receive the seed phrase?
biggest scam in crypto happens when you sign up
you can get hacked sort of by signing a malicious transaction in metamask which will drain your funds. not explicitly a hack per say as ona technical level no one hacked your seed phrase but it almost like a hack. although id agree it is still being scammed.
"scamming" fall under "social engineering", that itself is one of the most common form of hacking. believe it or not, calling a company pretending to be the it guy and asking for password is terribly effective.
that would still be a form of hacking, specifically phishing or social engineering. similarly, a link that automatically moved funds to a malicious address when clicked by taking advantage of the users session would be a csrf attack.
lol when will people learn nothing is free. no one is giving away shit you simpletons so stop it.
another classic is: i 100x leveraged my life savings on shitmaxcoin and lost it all! <exchange name> would not even give me my money back! it was a glitch! they do not even protect customers from sudden market movements? i'm going to let everyone know how shady they are!
thanks for the reminder that this community is accepting of thieves under the guise of personal responsibility. we all swim among sharks.
yikes crypto is getting hacked now, glad i never bought any of that, sounds like it will be worthless soon if it is getting hacked so easily.
they hacked their minds
well 'hacking' does not necessarily imply brute forcing the 256bit key. but i get what you mean.
it’s waves of the same things alternating over and over and well you get the picture. fud spreading is what it really boils down to imo
i got scammed by myself. i made the ultimate rookie mistake and didn’t write down my seed phrase. guess who’s locked out of his wallet?!?
shit sucks either way. pretty shocked ppl share their seed legitimately anywhere nowadays. but anyways…glad i got that dm about tripling my assets and all i have to do is validate my wallet! people are so generous!
i'm glad i do not hang around here as much as i used to. most of these posts feel to me like its the same people, in story a and story b, and their only goal is to continue to bait you suckers into voting for their posts so they farm moons. there has not been a legitimate thiscussion in here about the actual shit you invest in, in so long, that we might as well rename the sub .
this post has + 11.6k karma, but there is probably at least 50-100 comments all saying the same thing that social engineering is a form of hacking and has been recognised as so for quite a while. not all social engineering is for hacking purposes, as someone said in a comment to get a girl's phone number when they may not give you it otherwise, not the same as hacking their device to get the information. if you're giving away your seed phrase "boil " who went through most big clan channels or faze members and keemstar etc and posted them, also sometimes posting stuff that would get the accounts suspended or actually delete them and then make the victims have to recover their channel back again... edit: just to add i'm not thisagreeing with the difference but this post is kinda moon farming and it is not really a big deal to explain the difference. yes, there is a difference between beating cryptography or encryption and social engineering but if an account or device control is in someone else's hands without you fully realizing it, it is more of a hack. it becomes a scam perhaps if it involves money but not all information is for monetary gain i guess
bitches losin' coin be like:
why did i read this in a scottish accent
my wife hacks my phone all the time.
for the record, you can “hack” crypto wallets extremely easy, but at random with no way of deciding who gets hacked
it seems to work so much to so many people maybe i will just quit my day job and scam for a living jk lol. it's the same scam over and over again. some random person contacts you and gives a malicious link to your wallet. idfk how people keep falling for it. would you give some random person access to your bank?
just because this is common sense i don’t put my seed phrase anywhere because i know it’s my keys my wallet. no one else has my keys
arguing that the encryption itself would not be compromised is a bit of a technicality, when the device a software wallet runs on can absolutely be.
you know that just tricking people into doing something to gain access to a system is often called "social hacking" or "social engineering" right? a lot of effective computer hacking is done simply by asking or tricking a user who has access into giving them their credentials. even the very definition of "hacking" is simply: the gaining of unauthorized access to data in a system or computer. so they are technically as correct as you are.
idk my dad told me during the football game last week that crypto would fail because someone almost "hacked the blockchain" lmfao. not boomers calling the internet a fad again
**i got hacked** = i had a virus and they hijacked my accounts. ^ *could also be someone taking your login info from a prior hacking leak. cracking the password hash and trying it on several sites. don't reuse passwords. use 2fa.* **i got phished** = i gave my sensitive info out willingly to someone i thought i could trust. **i got scammed** = someone lied thinking me into a terrible deal. **the site got hacked** = someone hacked into the website and potentially stole customer data.
technically phishing or social engineering, depending what they fell for, but still user error haha
well teeeechnically scamming someone is hacking through social engineering. it's just not the way people had in mind when they hear the word "hack"
if you get a message from elon telling you he wants to give away free doge and a free trip to mars, and all you have to do is log in to his new metamusk wallet, dont get any temptations. just go back to your minecraft game.
how this low effort post got 12k upvotes is just beyond me.
even most public news “data base breaches” are done entirely by social engineering. actual hacking is exceedingly rare.
it is natural selection.
yep, it is very like very much impossible to hack and steal crypto, scamming on the other hand just takes a stupid person to be there which we have plenty of. i think just yesterday there was a post saying they lost 100k, oof ppl.
the fact that "validating your seed" seems like a legitimate request does not speak highly of seed management in general. still too complicated for the average user.
jokes on you buddy, the same people are out meeting hot single moms within the area.
the amount of dumb people with money is staggering
yo brah you need to chill
i am a nigerian prince and i need your seed phrase so i can put my nigerian crypto currency in your account so i can protect it.
i would also say that having a simple (low entropy) password & no 2fa (or only sms 2fa) and having funds stolen is not really 'hacked' either. it does not take a mastermind criminal cartel with nvds and silent helicopters to steal a bucket of cash you left on your front porch. 'hacked' sounds a lot better than 'i was stupid'
some cant accept that they do stupid things and they will rant here stating that they get hacked so shame on them.
are you sure about bogdanoff though?
i get scammed everyday going to work for uncle sam 😪
the media needs to know that too. almost every headline is 'couple lose everything in crypto scam' when it turns out they just bought shiba or something similar and it went down so they sold.
50% scammed mm users, and 50% cb yuppys…
lol, similar excuse to: "sorry that i did not reply, my email was broken!" "your email was broken!?" "i forgot my password"
no one asked you to input your info. it’s a scam 🤌
anyone with a little common sense knows ‘hacking’ their wallet can only occur through their own volition
technically its still hacking. but yea i get what you mean.
what you described still fits the definition of hacking. a straightforward and simple way but its still an unauthorized breach. even if the password is stolen, that is still hacking. phishing scams are a hacking method that preys on the gullible.
social engineering is a form of hacking mate. eg kevin mitnick is one of the most famous hackers and most of what he did was just social engineering.
there is no cure for stupidity.
the only difference in both of these is too loose a lot of money.
100% agree with op. need to stop confusing actual hacking with stupidity. it’s your fault the money is gone. not the exchange or digital wallet service. this lends false support to the whole “hot wallets are bad” hive mind we got in here.
when people say they got hacked in here it brings me back to early xbox live days when 8 year olds told me they were hacking my ip address. maybe this is those 8 year olds all grown up?
bottom line, install 2fa on your exchange accounts and assume every email, phone call or dm about crypto is a scam "hello mr. snowbattt, i am x from binance. how are you today?" \- "i'm fine! thanks for asking. bye!" \*click\*
getting scammed is also getting hacked. social engineering is a hacking technique...
with regard to defi applications, wouldn't it also be more proper to say that their smart contracts were "exploited" or "improperly exploited," not "hacked?" hacking implies that the smart contract was cracked or broken and the funds they hold were taken. but is not it the case that permissionless smart contracts cannot be hacked?
so your saying people don’t assume responsibility for their actions and point the finger at some other shit? 100% agree.
if you’re worried about if you’ve been scammed or hacked if you send me your wallet and the the seed key i can check it over for you. don’t worry, i’m a certified wallet inspector liscensed by both bitconnect and onecoin so you can trust me on this. (, obviously)
buy a ledger, put everything you can on there and leave it the fuck alone.
the only time i reveal i have some crypto is when i do losing trades. no need to talk about the gains,that is between me and my cold wallet.
...so getting tattoed my seed phrase wasn’t a good idea?
scammed not hacked should be a movie
great post, totally agree! most people are dumb and greedy.
i think we should be educating these people as well how to protect themselves. you know the usual like dont give out your private keys and dont click on suspicious links, the usual. there's also platforms like bridge mutual where you can get coverage on events like hacks.
i don’t think you know what hacking is…
they can hack it its happened to someone i know. if you buy a second hand computer be careful as it could be already connected to remote access, this guy i knew had it happen twice before i told him thats the only way you could have been hacked without giving out his seed phrase
i've seen a few scam sites that offer online crypto mining or airdrops on a certain date, and then they ask for an initial deposit in order to withdraw the funds. obviously scams. usually these sites have grammatical errors and the domain is newly registered. i hope people do not fall for these things, but who knows.
hacked in my opinion is when someone uses programming to gain access. so someone who accidentally installs a keylogger for example would have been hacked.
and after the idiocy they will learn to fud
this shouldn’t be flaired as comedy? mods, let this citizen get their moons!
dont forget people messaging you on reddit telling you they are investors and promise insane returns .
what is a scam if not hacking a human?
my gf's boomer dad started asking me about a post someone made in an investment group he found. the post itself claimed to give people 500% return on any investment and used a lot of binance logos on the post. the only thing i could think of is that the post was bait for pump and dump funds.
should add to the stupidity category: "address confirmation: sending small amounts to the addresses you're using so you can confirm they are correct before you attempt to send thousands of dollars worth of coin to the wrong address." maybe something about not listening to youtubers and panic selling.
there is not much to do when it comes to greed or stupidity, you will learn on your mistakes eventually and you will be smarter next time. but when it comes to various kinds of hacks insurance may be a good way to protect yourself. there are some projects like nxm, bmi, nsure... that can be very useful, depends on what you are looking for.
i think this issue does not only concern scams but also network fees and general crypto stuff, my impression is that in recent years a lot of people got into crypto without actually understanding how it all works. these people are then quick to draw their own conclusion and spread fud and misinformation just because they did not inform themselves properly. its frustrating but i think we will just have to deal with it and try to educate people.
no, i did not get scammed. i just lost my seed phrase and cannot regain access, but thanks for trying to cheer my up, by suggesting, it was someone else's fault.
when someone loses a ton of money to a scam and posts here for help i'm sure they love hearing about how "it is a scam, not a hack" and that it was their own stupidity that caused them to lose their money. regardless of whether it is true, we as a sub need to have more empathy for people who have been scammed, and promote awareness of how to avoid scams without sounding condescending.
bro, someone gaining access to your account through social engineering is quite literally hacking. go look. up the dictionary and legal definitions of hacking before spouting random bullshit. i cannot believe this completely incorrect post is upvoted to the moon lmao. oh wait, yes i can. it's r
after reading this angry rant, in which you throw a fit about people not knowing or understanding the definition of a ‘hack,’ the most ironic part is that you clearly have no what ‘hacking’ is.
jez call me down.
scam = person giving up info. hacked info being stolen from you. phishing= scam. marco and key-logger = _hacked
a person who just lost money to scammers would give zero fucks about annoying someone who cares more about technicality than being sorry for them
totally agreee with you. i would put my hand in the fire that 99% of hacked end user wallets are users fault because of scams. we must be carefult where we click to link our wallets.
username checks out, this guy knows what hacking is.
i did marry my wife ... 20 years ago ... did i got hacked? ' no, i got scammed :d ' ' that is the difference !
some users do not even know how to use bold or italics when composing an email so there is that 🤷🏽‍♂️
actually social engineering is also hacking. hacking does not have anything to do with the things you see in hollywood movies. it's even considered hacking if you find a username and password on a piece of paper.
post about getting "hacked" scare the shit out of me . i begin thinking if they got hacked i could too. please use the word "scammed"
to be fair, technically there does not necessarily need to be a difference. a hack is just simply an unauthorized access. if i get the password to access a system, it is still considered a hack, even though i did not need to do anything fancy to get in.
well, when you are blinded by *greed* you will refuse all the red flags 🚩
now this is an intelligent roast
this reply should be hung in the louvre
if someone knew what scamming was. when scamming is done by the brands we all buy.
if those people could read, they would be very upset
and yet they all have more money than i
but i was told that if i click on the link i'll get 10 ipads and 10 million dollars. :(
hot girls chat requests are a scam?? 👀✌✌
that’s called social engineering or phishing. decades long fraud methods. and btw do not click on any links anyone send you. there’s more bank account fraud schemes on text messages nowadays. stay safe.
people in crypto do "research" and get "hacked" . not much different than boomers on fb
but it was higlighted shiny blue and underlined.
people just don’t want to feel responsible for their own fuck ups. it’s a lot easier to blame some software than to own up to your own mistakes.
saying you were hacked absolves you of responsibility for falling for a scam. admitting you were scammed means you are at least partly responsible for falling for it. it's a defense-mechanism.
if the security was actually good, it wouldn't matter that my password is "password"
they should learn coding
sacked for the win
> if they could tell the difference between "hacked" and "scammed" then they probably wouldn't have gotten scammed in the first place. this makes wonder if those monetary values are also inflated, i guess it doesn’t make sense to me if you managed to make that much in the crypto space and then lose it to a shitty boomer type scam…. unless of course it wasn’t their money, parents.
like so many facebook users, i see ingot hacked by my boyfriend boyfriends page says they work at dunkin’ donuts, and their interests are “dank budz” and “hittin da bank”
hey if those people could read they’d be very angry about your comment.
i totally read this as if it was the "if those kids could read they would be very upset" meme
most digital penetration relies on some social engineering, like spear phishing someone's password, so the difference between "scamming" and "hacking" is whether or not the thing the assailant got with the interaction is access to your computer. legally, the lack of authorization to use the computer is the only thistinction necessary—if you go through someone's unlocked phone without their permission, you are violating the cfaa. look up kevin mitnick—he is a person who mostly gained access via social engineering ("scamming" makes it sound much more trivial than it is). any black or white hat worth a damn will tell you this this. the easiest way to hack a system is to hit their administrator with a wrench until they reveal the password.
i want to take this post as an opportunity to remind people. when you're on thiscord in either a traditional investment group or crypto group, you will 100% at some point get an invite to another channel. be cautious about joining. i never join. never.
10000x this. crypto is hard...turn your wallet off. write your seed phrase down...
nigerian princes hate this one simple trick
it’s not pump day
early millennial or boomer i smell
just wait until people learn hacking is just tossing together chunks of code and what the really mean by hacking is infiltration . hack it together like a hack. source: am proud hacker whose job relies on ability to use google efficiently. i’m not nearly smart enough to penetrate defenses. i’m not smart enough to write code without google lol
being that bad with tech though, i wish they wouldn't look at the *never give out your seed phrase* warning like, "i'm a tech expert and you do not tell me what to do! machines do not tell me what to do!" and then they give out their seed phrase the first time someone asks for it.
kick em while they down. savage. you get my free award sir.
plenty of security firms and manuals use "hacking" to describe attacks targeting users as the weak security link.
and wouldn't have shitcoins
there’s also “cracked”. that’s usually when people use really stupid passwords that are easily guessable. it’s very seldom that anyone gets hacked. usually it’s the exchanges getting hacked but even then, it’s so rare that you’d sooner get struck by lightning
yeah. bunch of idiots. you should all be smart like us. man what a bunch of dummies. you deserved to have your money taken. you stupid fellow humans. man. i’ve never done anything dumb in my life. be. smart. that’s all you have to do. have all the answers at all the right times and don’t be an idiot. and while you’re at it, be a winner. win everything. be an nba superstar. like me. losers. bunch of dummy idiot losers. solution? simple: be so smart. so smart. all the answers. you don’t have an answer? eat a jerk, egg face. and study life. because you suck.
bwahahahahahaha perfect, absolutely perfect
i work at geek squad and people come in saying they were hacked all day. no carl, you downloaded a bunch of malware.
or be on this subreddit
i think i should learn the difference so that i can secure my
you mean they wouldn’t have gotten *hacked* in the first place. wait...i’m confused.
yeah, it is the same people that also use password123 as their main banking password lol
stop hacking me with your hateful words!
you say that though...
exactly. it's the same as when someone's facebook account gets compromised, and they say it got hacked. it's like i know what they mean, but come on.
yep. what makes me wonder is how someone can get into crypto being so naive
nah. there are some super clever scams. it's happened to some of the smartest folks.
the main problem is how that could be seen by a newbie: if someone want to approach crypto, come to this sub and see all the "i got hacked" post he will think that having a hot wallet is not safe and that your investments are always at risk. i'm no crypto veteran, but i know that if i do not interact with suspicious links, i do not share my seed phrases and i do not link my wallet to unknown swap sites, it is very difficult that someone could acces my funds.
hey man, that ,000,000,000 yesterday
one moon from me as well! have fun
scammers cannot scam me cause my portfolio am not worth shit😎
us manipulating with quantum computer. ![gif](giphycitbl9ypwnuos)
that's the long con. anybody building a quantum computer already has enough fuck you money lmao
sounds exactly like something someone would say if they had millions *squints eyes suspiciously*
haha can see the face xd
here! have your first moon.
anonymous is after my single ada, bro
can't even pay for the transaction fees to drain your funds smh
to be fair if you created a quantum computer capable of cracking that kind of encryption then chasing profits from cryptocurrency at all would be a waste of time- you could get far richer in far simpler ways, and legally.
hey thats like !
then you realised you invented a quantum computer. $$!
so you have something then.
they can have my 27¢ of eth
if someone finds a way to hack crypto they would probably head straight to satoshi's wallets.
you could also use something quantum-resistant like qrl and not have to worry about that. even for only , which may be worth more in the future.
not gonna lie but i will be pretty mad.
people are way to eager to share their seed.
well, they want us to feel bad for their greed obviously! i mean i do feel bad, but it all boils down to stupidity.
i shared exactly what i was not supposed to share
like the guy yesterday that “lost 100k usdt” despite having 2fa but left out that he verified a shady smart contract someone had sent him a couple weeks earlier over thiscord. someone searched his tx history and pointed out that convenient detail.
excuse my ignorance but is that what is happening when these accounts get drained. people are actually sharing their keywords or seed phrase?
i wrote it out and sang it loud
basically: **(the below is an example of a scam, do not fill in the blanks)**\ congratulations, you have been selected for the bullshitcoin airdrop! to participate please fill in the following form. <link to google form> the form: first name: ___________ last name: ___________ email address: ____________ 12-word seed phrase: ___________ [enter the draw] that was my favourite one because they pretended they were giving you money (which would normally be totally safe to enter for even if they did not actually pay you anything) and then they just straight-up asked for your seed phrase in the middle of a bunch of other questions and hoped you weren't paying attention.
“i literally gave my private key to a scammer when he asked for it, i got hacked.”
but...but...they promised that they would send me 100 eth! i couldn’t resist!
on that day everyone thought elon was nigerian prince!! the prince that was promised
right?! and it is always people with like 100k somehow lol
greed combined with stupidity is some next level shit.
eve online players are inoculated against this kind of scam lol
ok op, thanks for this hack
we don’t mention strongest troll in all time here.
this is correct. most professional hackers will try social engineering before any digital attempts are made. the human is the weakest point of security.
yea i was accused of hacking when i had a clients computer come in where she said her son was having issues with his games. she leaves the password for the computer and tells me to check it out. well i log into it later and the kid games through a steam account but she didn’t leave the password. instead of calling her i figured let me try a couple of combinations of her computer password just to make this go quicker… i get in on the second attempt, test out the games and figure out that it’s a problem with the psu. i then promptly replaced it and finish out testing. the lady comes in the next day hysterical that i hacked her sons steam account and i’m like “lady, you came in saying your son has issues with playing his games and in order to me to diagnose, test and fix the problem i need to play a game on the computer. you didn’t leave your steam login information and i literally changed 2 letters on your password. honestly you should be happy that i “hacked” your password so that you can please not only make a better password but enable 2fa on the steam account to prevent someone from screwing with your account.” while yes i did in fact “hack” her password it just goes to show that most hacking is done as you say either through social engineering or just plain old brute forcing a terrible password.
also to be hacked they dont have to have the encryption hacked. for example a keylogger is hacking. also if they had the seed phrase in a app for notes with weak protection and that got hacked (i know of a case) then they did in fact got hacked. but still a lot of people use hacked when they should use scammed. cheers
reddit is changing the definition of hacking to how they see fit. just move along and conform haha
fat boys hack type
it seems like when it’s an individual people don’t want to say hack. despite the fact if a employee gets phished at coinbase and they got hacked, everyone would call it a hack no problrm
social engineering is social engineering.
correct, but the act of socially engineering is called scamming, or conning.
you have no idea what actual hacking is if you think this
also, even not counting social engineering (which is probably the vast majority of hacks), breaking sha-256 is not "the only way to hack your crypto wallet." a hot wallet is only as secure as the computer, which is not very secure for most people since they install random software which may contain a virus. or even if they do not, they have a lot of software from a lot of different sources which may not get updated to fix known vulnerabilities. phones are a bit more secure if the os is up to date, since apps are supposed to be sandboxed. hardware wallets are best, but there is still no 100% guarantee an exploit cannot be found. it's just a lot harder because there is less code running on the device and it is all been thoroughly reviewed.
i’m glad someone said this
this exact misunderstanding is what causes people to get hacked. people listen to the op say "bitcoin is unhackable, only dumb people get scammed, it is their own fault!", and develop a false sense of security because "bitcoin is unhackable, and i'm not dumb so i cannot be hacked!". and so do not think about any of the thousands of ways you can be hacked that do not involve breaking encryption. by the definition that anything less than breaking 256 bit encryption is not a "hack" then almost no hacks have ever taken place. when some major company gets hacked its not because someone with a quantum computer broke the encryption. it's someone who used a spoofed email to get an admin to send over log in details, its some malware company that bought the ownership of a common chrome browser extension and then used it to compromise one of the company employees details, its someone dropping a usb stick in the company parking lot marked salary info and waiting for someone to plug it into a work computer and open a zip file. if you think none of these can work on you "because encryption" you're exactly the kind of rube who is vulnerable to social engineering.
you would think everyone would know this, but you'd find that most people prefer to give opinions from their own stand point than really looking things up. trying to differentiate between a scam and hack is just quite low.
nah mate social engineering is just a fairytale told in defcon
in addition to social engineering, phishing, stealing credentials, i would add “exploiting software vulnerabilities” to that list. scanning for vulnerable hardware“hacking” methods out there. example: the recent apache log4j zero-day that came out last week. you don’t have to break encryption if you can just leverage the access of a legitimate application for your own nefarious purposes. it works even better if you can compromise the actual code of the application itself, like the solarwinds supply-chain attack that happened about a year ago. hackers broke into solarwinds servers (because they were using a crappy default password for their server) and put their own backdoor in the solarwinds source code, which means that anyone who downloaded the “update” was immediately compromised.
even most software based hacks are known flaws that people were too lazy or too thisorganized to patch. the people that actually thiscover the exploits are a minority, everyone else just uses pre-packaged malware. but again, all of that pales in comparison to just asking dumb people for sensitive info. can't tell you how many times i had a public school teacher let a "microsoft employee" remote into their machine no matter how many times we told them to never do that. hell we had two cases in the 5 years i worked there of students changing grades cause teachers left their gradebook open and walked away. prolly happened more times they just did not get caught.
>phoning your mum and smooth talking her into retrieving that slip of paper with the seed from your desk is actually a form of confidence scam, so by your definition. haxing does not exist, it is all confidence scams. (i.e. cons) \*unless they are 'breaking' encryption.
malware would be a typical hack though as it requires 100% effort from the hacker and 0% effort from you, as opposed to putting your seed phrase into a dodgy website.
yeah i feel like op is trying to act like hacking is only brute force or something. your stuff could definitely be "hacked" but it is good to be clear about what happened.
what is redline? is that a site?
most of the folks won’t explain in details what happened because they’re just trying to farm moons.
why did you put emphasis on “fault” instead of “theirs”. it seems like something a preacher would say lol
like children when they do something wrong and do not want to take responsibility.
exactly. also part of coping with the reality… it sucks to be scammed but i always cringe a little when people say they got “hacked”.
one time i hacked this lady into telling me her refrigerator was running and i was like well you better go catch it
do we get to argue about hacking vs cracking now? because that is the thistinction i think op was really meaning to get to but, like gif vs gif, the original meaning is lost to time and aol users being allowed on the internet.
social engineering can get you access to information or systems or places or things. it's not hacking to use social engineering to get a pretty girl to give you their phone number. you did not hack her. like seriously guys stop this nonsense. hacking and social engineering are separate concepts.
dev? is scam? why are they redeem??? 😡
whenever ethereum foundation sells some eth, bitcoin maxis cry and say "uga buga rug pull"
was the sender hot girl? i wouldn't blame you
i mean they probably sent you ! clearly not a scam lol
clicking a phishing link is being hacked. social engineering is the biggest part of hacking, not technical attacks or malware.
if you freely send the money, then you were scammed, not hacked. if the link gains access to your wallet somehow, or you go down the rabbit hole and they eventually access your funds themselves, then you got scammed and hacked. hacked just means they illegally gained access to your computer .
no worries by then we'll have stronger encryption
careful we can’t have intelligence on reddit.
if you dm me and send me .1 bitcoin, all i need is remote access to your computer. i can fix this in 15 minutes lmao
you sir got hacked.
i imagine it would be something that didn’t involve falling for a get rich quick scheme proposed by a stranger.
fuckin scackers! of course then there is getting hammed...
i believe that is termed hammed not scacked that’s just silly
well i get why he’s upset. people are giving out this idea that they were just minding their own business and these big bad hackers came and stole their money and there was nothing they could do about it.
it is not a technical thistinction, it is the difference between user error, and a failing of the technology. if people blamed the cars every time there was a crash, we would all be using horses and carts right now. we need to own up to our mistakes rather than pushing the blame on the tech, that is the message the op is trying to convey.
right but the same people then complain about wallet software, or smart contracts or something similar.
there are vastly different implications to something being "hacked" in the traditional sense and someone being scammed. one means it is likely a security vulnerability and others are probably at risk, while the other does not. you are being pedantic when the thistinction is useful and needs to be made so people can stay informed and not spread misinformation.
> social engineering is a form of hacking. "i'm not fat, i have big bones." don't *hack yourself* into a worldview you're more comfortable with. face reality as it is. 😄
to steal that you'll need a keylogger or a malware but my main point is that you should say what actually happened instead of just crying you got hacked and blaming ledger or metamask, inducing fear into ledger owners.
that falls under the dictionary and legal definition of hacking, which is gaining illegal access to someone's computer or data (i.e. without their permission). so... yeah that is hacking. nice job with the incorrect sarcasm.
imagine a bitboy fan, that’s the best description of a wojak
[ this is a wojak
>saying that crypto can not be hacked is just wrong. for example there is malware that will change a crypto address in your clipboard. so that when you cut and paste an address the hacker's address will be pasted and if you're not watching what you're doing you'll send them your money that is not being hacked, that is getting malware by clicking on dodgy shit, a wallet being hacked would be someone breaking into your wallet and just taking whatever they want without you actively facilitating it. you getting malware through careless activity is not being hacked. it does not matter how people dress it up, by giving someone your seed phrase you are granting them access to your wallet. they did not break into your wallet without your consent or irresponsible activity.
defi contracts have been hacked in the past.
then you got hammed.
seriously, why do i go to work everyday.
scammed is a security breach of intelligence. hacked is not.
your cryptos are gone *bonk*
scammed : the human is the comprimised part hacked : it is the system that is compromised there is a clear difference. if you got scam i do not have to worry, just watch out where i put my info. if you got hacked, i'd like to know your platform so i can move away and get safe
greed + stupidity = a recipe for thisaster
it’s still helpful, but the conclusion should be different, i.e. don’t be an imbecile
i guess unintentional fud
he is the meme representation of the average crypto investor trying to get rich from crypto to escape the wagecucking life. youtube crypto wojak for videos.
i do not think facts care about feelings
maybe he is been hacked. or scammed.
this is a phishing scam
either way, cops dont care
easy, everything is a scam.
coinbase is a publicly traded company and is one of the most well known exchanges there is so i’d say it’s safe to use their platform. as for “large scale pump and dump” you could avoid this by just dipping your toes into crypto and only buying the big names like bitcoin and ethereum and then start to learn more about other projects that *could* get you a bigger gain in the short term if that’s what you’re after. if you go with coinbase i’m pretty sure they audit (or have someone reputable audit) the projects and development team or company that’s behind the coin. so while i’m not saying you’re going to make money buying anything on coinbase, it’s unlikely you’re going to get rugpulled by the developers of said coin and no i do not work for coinbase nor am i trying to shill them, their platform just works well for newbies
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no i do not know what hacking is. you're obviously a mad hackoooor level 9999 capable of hacking satoshi's wallet. i bow before your knowledge.
if you think this post is about having sympathy for scammed victims then you need to learn to read again.
hot girls wanted to verify wallets of scammed users smh
nearly every single scam nowadays is done through social engineering. cyber security has gotten very powerful. it takes a lot of effort and resources to hack, which only entities like governments, corporations, or massive terror networks can afford. 99.9% of "hacks" are just social engineering scams, mostly through phishing emails and links.
while you're right that there is almost always user input or manipulation required in the extreme majority of hacks i think it is important to understand that 1. the people targeted for these kinds of scams are often the most vulnerable- mentally, physically or otherwise and that 2. even the best digital security and defence experts and systems are still vulnerable in many ways. in short, blaming the victim is probably the worst angle to take- a good scam usually requires failure of design on and at multiple levels, doubly so in a platform where technology is new and unique and requires multiple interconnecting systems, and where user.
i’m almost certain that some of the cex “hacks” are her error on the employee part. it’s really often the easiest way to get info. pretend to be someone from the company it dept and you’d be surprised the amount of info that will flood once they have some issue they need help with. it’s the number 1 thing out it security seminars teach
if the password details will be very weak,it is going to get hacked.
and the other ones stored their seed phrase somewhere that could be accessed after they got hacked another way.
i can tell the simple thing someone get hacked only because of someone behaviour.
you’re not far off percentage wise. while attacks aren’t unheard of, phishing is common. put up a bot with some ads that aren’t shit, maybe a web page and shoot off a few thousand requests a day. for all intents and purposes i have not done this myself, it would just be an easy option if you live in a country without extradition policies to the country you’re running scams in.
clicking a link that steals your money is literally getting hacked. do people here not think a phishing attack is hacking either? hacking means that someone illegally accessed your computer or data (both dictionary and legal definition). if it happens through social engineering, it is still hacking. edit: lol someone downvoted this. imagine being so wrong and unable to do a simple google search and search into hacking laws. wow.
imo it all comes down to education, people are not educated to use crypto and nfts, that is why they get scammed, then complain about it and name it hack. if only there was a little education in this area, this wouldn't even be the case.
strictly speaking, social engineering is a method of hacking
“elon musk said that if i send him 10 eth then he’ll send me back 100 eth! i can’t believe how lucky i am!”
how else am i supposed to get free nfts?
frfr. friend of mine was shilled some memecoin on telegram group and they were airdropping the coins. mf linked his metamask wallet containing around 0.3 eth (which is a lot in my country) and got scammed😔
social engineering also counts, so even giving your seed phrase away would still technically be a hack
yeah but most people associate hacking with a dude in a black hoodie with 6 monitors editing green html, so when you say you were "hacked," they think software problem.
how can these people write such posts without even checking the facts? it's just embarrassing to get called out because of their ignorance. and if you want to be 100% accurate, you even have to differentiate between hacking and cracking.
he’s *technically* incorrect but his sentiment is valid. people should differentiate. hack didn’t always correctly include scam. a person who was hacked by someone who *used a computer to gain unauthorized access to data in a system* by being gullible and tricked has a mostly isolated personal issue. a person who was hacked by someone who *used a computer to gain unauthorized access to data in a system* by physically breaking in via exploits.
if op bothered looking up the word hack in google or a dictionary before shaming people for using it correctly, (s)he would know u-dragon is wrong
bro, your wife used her lady parts to hack your mainframe. you just did not know the difference.
social engineered hacking is the most common type of hacking because people are the weakest link.
trouble is people here do not understand the definition of "hacked." this thread is a prime example. if someone illegally gains access to your wallet or account, that is both the legal and dictionary definition of hacking. it does not matter how they do it. people here actually do not know what hacking means lol.
there's a ridiculous amount of fud on this sub lately. i'm new here so i'm not sure if you guys just do this when there is red or just all the time.
came to say this. "hack" just means to bypass security measures, regardless of where on the sliding scale of blame the victim falls. "scam" typically means presenting a deceptive pretext to trick someone into giving up something they should not. ---- the given example (a variant of phishing), is both a scam and a hack. if someone tells you that if you pay them , and they of course do not do it, that is a scam but not a hack. if someone guesses your password (it is the name of your dog), that is a hack but not a scam. if you accidentally send , and they see the error and decide to just keep the money, that is neither a scam nor a hack. in all four of these instances, blame can be directed at the victim, though the other party is certainly in the wrong.
i also owned 8x the world gdp yesterday. i'm a businessman doing business.
soon he is gonna be a moon whale.
fortune favours moon givers
sad, i'll give him 5. do better.
not to mention, that crypto is going to be worth nothing because the quantum computer completely broke the premise that it operates on, and everyone will run. we're a long ways away from quantum computers that can break blockchains, but *when* it happens it will completely destroy any crypto that is not designed to be quantum resistant
it's in our genetic code.
greed blinds even the smartest of men
i went to the section called “secret words” with a big red thisclaimer not to share them with anyone and then i gave them to the nice thiscord man. did i get hacked?
"i learned i'm not responsible enough to be my own bank. who would have thought"
king in the mars (got)
pretty sure they have 100k shiba and not usd
they bought it years ago.
couldn't you have just started the game outside the steam launcher?
hacken ze encrypten mein homie
and it is been considered part of hacking techniques for literally as long as the term hacker existed.
wouldn't trust a phone for shit
can confirm as web security analyst.
almost like social engineering is not the most prevalent methodology of hacking in the corporate world. ciso w, let us not focus on that aspect because, "social engineering is not hacking. let's totally harden all of our infrastructure but make sure 90 year old mary in accounting has access to production servers at the click of a button and whatever you do, do not filter her email."
not really. hacking is taking something and using it for a purpose it was not intended for. some of the first examples of hacking were phone phreaking where people tricked public phone systems into making free calls using a tone machine. they did not have to break anything. they just had to learn about a weakness in the system and exploit it. hacking does not give a shit if that weakness is someone else's bad code that can be exploited. little known information about the workings of a system that can be used for the hacker's benefit. or just tricking people using social engineering. nothing about hacking means "imma write some code that'll eat their system and steal all their bits and bytes". the overwhelming majority of all hacking has nothing to do with breaking something and everything to do with finding flaws, mistakes and weaknesses to exploit.
malware still requires getting the target to install it.
redline is stealer malware
children act like adults. not the other way around. don't write off this behavior as chilthish. this is very much a full grown adult ego problem.
he was definitely hot girl.
it’s a minefield life out there these days
i sir, was making a joke. :-)
bullish on ham scackers
beat me to it haha. great minds.
oh god, if there are scackers, then there’s also hammers what a world we live in
this is generally how most people approach security breaches. let's be realistic, if they knew why someone got access to their account the person probably wouldn't have gotten access. from their perspective, they were minding their own business and there was nothing they could to prevent it. until they are educated on what caused the breach, the simplest explanation is that some outside factor caused everything.
people are giving out the correct idea that the technical barrier for safe crypto use is still too high for many users. hardly anyone thinks hackers just waltz in and take money when they feel like it. but whatever the reason, the bottom line is, it is incredibly easy to lose massive amounts of money due to relatively minor mistakes. and as another user pointed out, from the perspective of the people doing that, they were "just minding their own business".
but user error is still technically a hack. a hack is simply unauthorized access. whether the person breaks through security layers, or simply enters in the correct password, it is still technically a hack. the common usage of the word does imply a level of innocence on the victim's side, which is interesting in general because a large amount of security breeches are due to user error. the human mind is very good at finding ways to avoid admitting fault.
there is hardly any "hacking" in the traditional sense you're referring to, outside movies anyway. "hacking" just means "gaining unauthorized access to something", and the huge, huge majority of real-life hacks happen when people get socially engineered. now that we're clarified what irl hacking usually is, crypto is extremely susceptible to that. it's incredibly easy to lose massive amounts of money due to a very minor mistake, and many people do not even know what they are not supposed to do. so yeah. people are not "spreading misinformation". they're drawing attention to the fact that the tech barrier for safe crypto use is still too high for many users, and it absolutely is possible to get hacked out of your crypto without (to your knowledge) having done anything wrong.
getting downvoted for knowing what you're talking about. fuckin reddit
young kids lingo still baffles me.
so he is a bitchboy?
since when was malware not considered a hack? what about the defi contracts that have been compromised? i think this topic is just getting pedantic now.
so if your passwords, that’s technically being scammed to you? it’s just nomenclature and putting a connotation that people are stupid if they get “scammed” and unlucky if they get “hacked” is a good way to alienate people in the space.
that's not the definition of hacking, though. if they gain access to your system , it falls under the definition of hacking. it does not matter how they do it. you can look up both the dictionary and legal definitions if you want. it's all fine and good that you want to define things a certain way, but they already have an agreed upon definition lol. scammed is a whole separate thing. now if you freely send your coins to someone, you were scammed and not hacked. if someone accesses your wallet themselves, you were hacked, regardless of how they did it.
>there is a clear difference there is not though. a hack is simply an unauthorized access of a system. if someone finds your password written down and accesses your account, it is still a hack. in common usage we wouldn't necessarily call it that and we definitely wouldn't call the person getting in a hacker, but technically it fits the definition.
to me, scammed is willingly paying or putting your money into a process that results in you losing it. being hacked is having your security measures fail. if someone guesses your password and steals your shit, is that being scammed or hacked?
all stories are helpful, for they help us to learn and think outside the box.
lol i had a good laugh, i'm new to cryptocurrency so i'm learning for now
i'm bullish on scams tho🤣
what would be an acceptable use of the word ‘hack’ in the context of losing funds?
you're an all-star, get your game on, go play
they do not know... "if a hot girl send you a pm telling you about crypto, block him "
i did not realize all forex trading experts are hot women until i got more involved in crypto circles. pretty incredible stuff
i’ll give my seed to any hot girl that wants it!
there are no girls on the internet
verified mine and nothing happend
that’s not a scam; i send them money all the time…wait
the prince is willing to share his harem until he can recover his funds.
hot milfs in your area want you to connect your wallet to this link
“hmm input banking information … she’s inquisitive _and_ hot, i like that!”
if their is some hot girls scammers, try on me and i will get scammed.
or “customer service” wants access to my wallet to verify that it’s secure, working right, or to help me with a question. might as well ask me to bend over while at it.
there is not a single matchup of between hot girls and scammers.
and they’re getting bolder all the time. i saw one on youtube the other day, a livestream of a spacex falcon 9 launch, and halfway through the stream the launch is minimized and an infographic comes up with a fake tweet from elon musk saying that he will double any crypto that is sent to “his” wallet. [i took a screenshot]( of it if anyone wants to see what it looked like. that’s felony wire fraud, and people are just doing it out in the open. i reported it to youtube but they don’t care.
"though, i guess at some point it comes down to...personal responsibility" yeah, like every single wallet you can download or create says in the very first sentence... not some 90 page eula but a 3 bullet point agreement: 1. you are your own bank and responsible for your assets 2. do not trust. (anyone or anything or any website or...) 3. not your keys = not your crypto
if only there was a physical currency that you could keep safe in your possession.
people were literally calling people on the phone pretending to be a local sheriff threatening to arrest them if they didn’t drive to a gas station and buy gift cards and relay the numbers back. people were falling for this all over the country for several years. the real problem is people are really stupid. i had one of these scam circles continuously calling my phone pretending i was going to be arrested over a warrant for failure to pay taxes to the irs. they were actually blatantly telling me on the phone that they were with the irs. i would lead these people on as long as possible and i reported their numbers various times to the fbi cyber crime website.
you know a lot about it without being involved hmmm
to be fair, there is a subtle difference in the implications. if the end goal is extracting money from a user via deception, i call it scammed. like those gift card email scams where a user will get an email that is trying to trick them into buying and handing over gift card codes. ultimately, the real problem is that the word hacked is overly general. saying you got hacked instead of saying you got scammed implies that it was not your fault, that there is a vulnerability in the system outside of your control.
today i have found out op and most upvoters of this whole thread have no idea what hacking is.
i thisagree. phishing. hacking is gaining unauthorized access to a system or computer. if you give someone your credentials either through a data breach, phish, social engineering, or general dumbshittery; then they are obtaining authorized, authenticated access. hacking in by definition requires a rce or other kind of vulnerability.
except you're wrong. being given the login details to an account does not mean you hacked that account. phishing is not hacking. you could hack their pc with a trojan horse but that does not mean you hacked their wallet if the trojan gives you access to it. it means you hacked their pc and gained access to an account.
it’s semantics. when these people take to the internet to write about being hacked it makes it sound like crypto wallets are insecure, but 99 times out of 100 it’s because they didn’t know better and gave someone else access to their perfectly secure wallet.
not only a hack but the most effective and common hack out there
to the hot girls?
phishing has always been a hack.
wouldn't it be the other way around? he penetrated his wife's security.
it's not about the technical definition, it is about the connotation associated with the term and the perception of the layman. people associate 'hacked' with brute force attacks. if they do not know how it happened, even if it was socially engineered, they default to how it must have been a 'hacker' using secret unknown coding abilities to bypass all the security and mumbo jumbo that protects my crypto. once they acknowledge that it was in fact user error, a la scammed, then the term hacked has less substance because there are now more accurate ways to describe the event.
i'm still pissed i missed it. when i found out, it was a couple hours later and the only remnant was one of my 50 cent coins having a 24hr high listed as roughly . the graphs all showed correct and etc, so that was the only part of it i got to see. but that would've put the value of my investment in that coin at roughly . would've been really neat to see those kinds of numbers in my portfolio even tho it was just a thisplay glitch and not actual pricing.
whale alert then he might dump
reddit whales be like ![gif](giphyrgophbzzulfxm)
1 moon for you as well. enjoy
i do not give them just to give them away. i have a system, a reason, for giving them away. it is planned and calculated. otherwise i would randomly give larger amounts. maybe if i ever have hundreds of thousands then i would start randomly giving large sums away, but that is many moons from now.
don't get me wrong, i'm not victim blaming. i want hackers and scammers to be taken down and hate that anybody gets scammed at all. however, if i gave somebody my bank username and password and all my money is drained from my account, there is not much for me to help lol
make something idiot-proof and they will invent a better idiot.
and they have held this whole time before suddenly handing out their seed phrase to a rando on twitter?
yes, if you look at the browser tab. it will start off "[ ... it's the website you are currently on.
just looked into it. you're right. thabks
tbh while i know this has been the case, it always felt wrong to me. whenever i heard someone claiming to have hacked something i always thought “i bet he actually means he got someone to give him the passwords or write them in a web form and no actual hacking happened” and it’s the truth most of the time. that’s something that can be done with very little knowledge of computers and security and the only reason i think it ended up being called hacking is because it’s the only way most people can claim to hack anything since security and criptography is so strong nowadays. the idea that hacking could be done without any security knowledge always felt like the wrong terminology being used to me.
my thought process is usually "haha scammed so stupid. wait, i too am stupid, am i better than this?"
this should have its own ecosystem. token: scacker symbol: ham
>beat me to it haha. great minds. think alike?
in my first month in crypto someone tried this on me. for about 2 seconds i thought they were trying to help me and then i was like wait this seems scammish. people are rarely thinking clearly when they have problems around their money and why this scam works so well.
user error is a hack, yes! however, does one who gets hacked that way have a right to vaguely say "i was hacked that means you're all in danger too" because one person being social engineered into giving their password does not mean other people are in danger (anymore than before) so do you not see that while it is hacking it is nothing to spread fud about when that is why you were hacked. in other words. i told someone my gmail password, does that mean gmail is insecure because i was "hacked"? no. does that mean i was not hacked? no of course i was, but i was, gmail was not.
define imperfect security measures?
if you give your debit card pin to someone and they drain your funds did you get hacked or scammed?
well it closes the debate. let's all take the definition ^^
if someone guesses your password and steals your asset, leaning towards “hacked” to give someone your password and the person steals your asset, leaning towards “scammed”
interesting question. for me it is not a hack as it does not involve a security breach from the system. i would say the user was the issue as the password was guessed. but if you consider that a hack is when a security measure fail, well it is one as the definition is more large. i prefer to reserve the hack term for something that can reach multiple user independantly from their action.
does that mean if im messaged by a fat ugly slob he is actually a babe ??? heres to hoping 🙏
or troll them and post results to this sub for moons
how about all the hot women in my area wanting to teach me more about crypto?
only girls who texts me is them!! lol
don't tell me what to do! she say she will touch my pp once
but she said i'd get a million shib and an nft back.
lmao lol block her surely? unless she has a sex change!
what if the girl is ugly ?
> "if ~~a hot girl~~ any fucking account send you a pm telling you about crypto, block him " ftfy
hey, but a nice looking asian chick told me yesterday that i should validate my metamask. she’s hot so she must be true
hot girls are afraid of this one simple trick
someone would surely wait for her so that they can talk with her.
there are legitimate girl scammers too. already ran into a few despite not being in the game for very long
someone will start taking with her buy giving details.
yeah and he will probably send nudes if you ask him!
i thought she is not in need of that,she want crypto.
your comment section will be filled with hot girls now!! good job
take my seed ladies!
this is the way ... i know they type this alot here but this is literally how this work. well done.
close your eyes think of me as a girl
i like security from a logical perspective. think rock paper scissors but with data. you’ll never be “fully secure” but there’s steps you can take to mitigate risk along with having insurance if possible.
i mean your first example seems like it would include ransomware hacks that lock up data through encryption until the user pays the attacker. is that a scam and not a hack? the word hacked is general, so op should complain about the definition of the word hack, not complain that people are using the word incorrectly, when they mostly are not. i do agree that any case where the user sends money directly to the perpetrator that that is a scam and not a hack. most other things thiscussed here fall under both definitions.
imo the main idea of the post (explaining clearly what happened so that others avoid it) is useful, but you're right, if more research would have been done it would have been more educational. anyways, i think the thread is useful for newbies who do not exactly express what happened and what they need help with.
it does if you access the account without permission. you can look up the definition of hacking, it is really not that hard. i know everyone on reddit likes to make up their own definitions and is very adamant that they are correct, but it is not the case, sorry.
security is always relative to a threat model. it just so happens that bitcoin is built to be secure from the threat model of, idk, someone breaking into a server somewhere and taking your money, or equivalently someone guessing your wallet secret. banks provide security to the threat model of your house and all your possessions burning down (just an example, obv btc has this advantage as well). the fdic protection provides limited security to you against the threat model of a bank run or failure. insurance provides security for rare risks. a seatbelt provides security against being thrown through the windshield. etc. so while you're right that wallets are only as secure as their key, the fact that the key is the *only* thing necessary to transact from that wallet is absolutely a source of insecurity in the being-hit-with-a-wrench threat model or the your-tinder-date-drugs-and-robs-you level. it's only secure in the sense of anonymity until you want to turn it into something you can actually use to buy things, especially as people willing to do anonymous transactions get rarer. it's not secure against, say, becoming involved in a sex trafficking investigation because you unwittingly laundered money for someone with a wallet attached to your identity via, say, coinbase and it is really hard to demonstrate you *do not* own the incriminating wallet you transacted with. even if you write it down in one place, or get it etched into bronze and stored in a safe in your house, your house can still burn down and melt that. ironically, it would probably be best to store in a safe deposit box and hope they have invested enough in fire protection themselves. anyway... i hope other technically inclined people are like me and wince when they see anything referred to as "secure", because somehow this is never accompanied with the twenty thisclaimers, exceptions, and constraints that should properly qualify this label. more importantly, it is never fully true and you can be held legally liable if you're not careful, which is why a lot of software explicitly comes without any kind of warrantee and explicitly may not work correctly at all and you assume responsibility for anything the software does. the only *real* security is "defense in depth": actively anticipating different risks and taking steps to prevent them. basically, diversification of risk, much like diversification of finance, provides the most reliable returns in the long run. which is why i still do keep a few thousand in cash *somewhere secret*, even though i lose a decent chunk from that each year just from inflation—it is totally worth being able to eg gas up your car and feed yourself if the internet goes down for more than a day and cards do not work.
there's no cryptography that can beat a half cent brick being smashed into your skull until you say the password
facebook post : what was the name of your first pet, your childhood friend and your mama's birth name? people : typing... people later : i've got hacked? how??
not hack or scam dump
words change over time. i’m old. when i was first dipping my toes into development, scam meant scam, and hack meant hack. i’m not here to argue what the correct usage is. if you deny there’s a valid reason for differentiation between phishing, i question the worth of your opinion.
i think we are in front of a pretty advanced worm, it blends into system services that tight that virus itself do not even thistinguish between virus processes and legit processes
that's all well and good, but the technical definition of a word kind of does matter. especially when you're making a huge post that a word does not mean what the word actually means. seems kind of insane to me. i see what you're saying, but the op is trying to bend the definitions of words to fit a pr scheme, which is kind of fucking weird to me.
better we should be careful now lol
sad, i cannot do better
there are those who bought in the 2017 bull market, held it through the 2018 bear market to see an 80% loss to just forget about it on their exchange accounts. then the 2020 bull market media attention drew their attention.
no worries. i think this honestly might be a generational thing. i think many younger folks do not realize how social engineering and all the other parts of hacking are deeply intertwined and have been since the early days.
i think you actually got it a bit backward in terms of why it became called hacking. social engineering has been part of hacking since before the average person was on the internet. i said this in another comment, but i think there is an age gap whereby folks who are younger and have lived online their whole lives try to separate them more precisely because they grew up with folks messing with their friends fb accounts etc and that does not jive with their understanding of hacking. however, unauthorized access and use of computer systems has been at the core of hacking and social engineering has always been one of the tools in the hackers armamentarium.
when i first started my current job, one of my first phone calls was supposedly from att to upgrade our plan. we had half a dozen att lines so it made sense. got all the way to requiring payment and was like "wouldn't the main office handle that?" and got hung up on. 😂 a week later i got a call that our electric was being shut off if we did not pay within a few hours. called the main office just in case and we all had a laugh about how we'd find out in a few hours if it was a scam or not. my mom once got a call claiming i was in jail and needing bail money. she called up my wife afterwards to ask what happened and was surprised when i answered the phone. so apparently she did not care if it was a scam or not, she figured if i did something to wind up in jail then i could sort it out myself. 🤣
someone sees or guesses your password. are you considering that person stupid more or less?
that's a good way of explaining it
i can agree with that. i’m merely pointing out that the scam’t always clear cut when saying it’s a measure of the system vs. an individual or intelligence vs. lack of it.
so someone would have to exploit a bug in the wallet?
you really need a break from that hopium
this reminds me of a picture i saw of a butterfly getting a tramp stamp tattoo of a fat bitch on its back.
just take precaution while talking or you will also get scammed.
no you cannot guess that as surely that guy will be fat.
they wish to get trolled and it help to increase their popularity.
interesting, you must live in a highly educated area
i think you need to be her student to learn something about crypto.
i am a noob and i want to learn something from her personally.
i believe you are virgin
“coinbase is kill.” “no!”
u are lucky that even after so much you get message back.
i am so unlucky that the scammer called is a male and not female.
hate to brake it to you but they probably are not even girls 😔
what's the exchange rate of btc to pp touch, enquiring minds wish to know
only once f... should have been multiple times. big red flag
i think now i am in need to talk with her to be rich.
guees what someone will surely get inspired with these things.
that decent advice, but you missed the joke.
using an overly generalized word instead of the more specific word offsets blame and allows for confusion. it's not the word that is wrong, it is the people using the word, which is consistent with ops complaint. i always just say ransomware attack in reference to ransomware. people can be tricked into allowing one to enter a system, but there are a lot of other vectors. ultimately, ransomware is a fraudulent scam that is also *technically* hacking, but the attackers are not really trying to steal your information or anything. to elaborate a little bit from my last post, the term 'hacking,' when used in a more specific context, tends to imply a brute force attack of some sorts of exploiting a vulnerability of the software or platform. my opinion is that we need to move away from the word 'hacking'. or confine it to situations where software exploits or brute force is being used. otherwise, phished, scammed, breached, or ransomed should be used instead.
if you give someone your login details, you weren't scammed or hacked. you were phished if on login page, or socially engineered if done person 2 person. which are all ways to gain access, but not specifically "hacking" in traditional definition.
you are talking about completely separate steps and you are so convinced that you are correct it is terrifying. phishing is a step. hacking is another step. you can phish without hacking. you can hack without phishing. phishing is not and never will be a form of hacking, it is just something that hackers may choose to do in order to assist them with hacking.
>a half cent brick who's your brick guy?
yes yet that leaves the power to control societies money and value in the few hands of the banks. wich is the very reason this technology came about in the first place. it’s pretty easy to know not to share a password with anyone even customer support. even my senile grandmother who is 82 gets at least that much about it. lastly in 5 to 10 year the technology will only be easier and easier for every one at any skill level to use. just like the learning curve i’m sure you or your parents had to go through when smart phones came out. we can’t regulate the rest of the group because the stupid, or senile are not able to keep up. they will eventually be able to join in when the technology becomes easier and easier to use. just like dial up to wi-fi.
i mean, that is one of the huge problems about crypto adoption that no one wants to talk about: people are stupid and they do not want to be held accountable for their own actions. that's why we created banks: they take care of our money for ourselves. i got scammed one time. due a incredible coincidence, i've received a scam email a few minutes after booting a new pc, and gave away my bank details. but i called the police and the bank, and in a few days i had my money back. now imagine this applied to everyone.
ffs break my heart 💔
what make of jonnies do you recommend 🤔
it is true. i called one of them.they are not only intelligent but also very helpful
at least they still text you. no one texts me. they are very helpful and intelligent. use their knowledge to your benefit.
just tell me how you got that!!
virgin hunter on the run
isn't everyone a virgin?
love to accelerate it to you
may be they are using some sound changer system to scam.
i am bit optimistic i hope you understand lol 😂
you kid, but the vast majority of adult services providers prefer payment in crypto. \>what's the exchange rate of btc to pp touch so...about .0043 bitcoin as of right now.
w edit: this was a pocket comment so ill leave it.
now developer has some chance to develop something new in exchange.
about the same as a gram of mdma being only .75 btc
till now ther is no exchange that will give pp in return of btc.
damn, i got played
to learn something, someone must need to get scammed once.
no, op is wrong because his specific example is literally an example of hacking. you do not get to say that people are using a word incorrectly when they are not, because it is not the way you want the word used, sorry to break it to you. btw - i'm pretty sure we'll fucking know if there is ever a case where a crypto is compromised in the way you are suggesting. it's not confusing at all if you have 2 brain cells.
my point was that op was wrong. gaining access to the account without authorizations is hacking. phishing and social engineering are part of the hacking process, so it is hacking, by any reasonable definition. if you really want to say that only the actual time logging into the account and using it is the hacking portion, then fine. it's pretty pointless to argue, though. and has little to do with op.
[here]( hope this makes you feel better
we did not know before now
lol this guy. rule for me and my brothers has always been everyone online is a dude unless you meet them or a verified user.
haha. man fucken dying lmao accelerate 😆
make sure no one else knows or will loose the things.
that's the spirit. it's all about probabilities!
not everyone is like you and someone will understand the thing.
this world is still a understandable place and someone will get the point.
bullish on pp coin
if a hot girl says you missed the joke, block him.
you're right, op is wrong in declaring it is not *technically* hacking. but their overall point is good. people need to be more specific when thiscussing things like this, because using an over generalized term with implications outside of what actually happens is bad.
the only way you can restore my faith in humanity is to send me your seed phrase and i will store safely for you. 🤣
i knew i was dumb
but now everybody knows the trick and will use that.
speculation does not hurt
but even in the probability luck a major point to win.
ah ok was about to pm you my seed
i've seen some cases of what the op is talking about - people crying about getting hacked, but they almost always describe the situation. the issue is not definitions of words like hacking. sometimes they leave out details that make them look bad in their description of the events. that's a problem, but it has nothing to do with the word being used. it's because those people are being intentionally deceptive. at least the post is tagged as "comedy" now, which is what it deserves.
hahaha sure, let me just find it
you cannot have my seed phrase. give me your account details. let me transfer some money into it
lol, you got haxxed
this world is a big place and everyone thinks he is smart.
op - please send proof of correspondence to modmail. you can black out any personal information like name **update:: verified and approved**
twitter. nobody likes their dirty laundry exposed in public. (it can be done politely and nicely. you’ll be dealing with a human, who isn’t at fault. might as well be nice.)
make a tweet about it. we’ll retweet and support you edit: i’m glad they solved your issue. they can ignore you as a single person, but once we are united as a community they can’t ignore us. good job boys!
i heard the coinbase support agent is a little busy with only 1.2m open tickets right now. well it is not helping he only works a day per week.
the lack of human support on coinbase is a real issue. you just get stuck in a loop of bot responses and ticket requests.
i have the same problem as in coinbase support “david” closing my support ticket because my case is closed. i’ve sincerely explained my case from start to finish and a quick check on my account’s history can verify my claim and still i received a copy-paste reply that my case is closed, again. can’t call to talk to a human for support, you ask for support by opening a ticket, support turns you down. what a shitty service.
this happened to a friend of mine, they kept saying it looked fine on their end. eventually they admitted it was wrong and fixed it, though. so whether you stay or go, do not give up.
when the crash happened back in the beginning of january, on top of the few k in coins i lost through devaluation, coinbase took an extra . it took me a while to confirm going through all my transactions in a spreadsheet and just when i was going to message them about it, it mysteriously was back in my account. definitely sketchy as all fuck. if you don’t have possession of the coins yourself in your own personal wallet, they are not your coins
i put 5000 in glacial storage 2012, they promised they would be put into my account on a particular date, they never appeared, they are still missing as far as i know. fuck coinbase.
coinbase are trash, agreed. can’t wait for all the people here that defend them to have an issue and get literally zero correspondence.
post the transactions on etherscan and your account transaction history and the confirmed emails. otherwise i assume all exchange related info on this subreddit is astroturfing. it's not that i do not believe it can happen but there are so many driveby posts on here that just seem like fud from people who have (1) no clue what they are doing and it is user error and (2) actual paid marketing for other exchanges.
**am i the only one who has never had any issues with coinbase whatsoever?**
coinbase customer service has been fucked up since its inception.
thank you for posting this and please update us when you can.
i had an issue with coinbase a couple months back. i called my bank and reported it as fraud (it was). i also asked them to freeze any transactions from them. they tried to take about . when the bank took the money back from them, they froze my account for months, until **they stole the money i had staked in ether 2.0.**
i have eth classic stuck in my coinbase wallet. got zero help and they said it’s a known issue. have tried every suggestion on this sub to fix it.
proof? this sub really needs to start requiring evidence from posts like these.
havent had a single issue with cb in over 5 years. 6 figure account without any problems
kraken all the way !
brah i feel you. cb is fucking dogshit. ive been using cb for a number of years without any issues whatsoever. i have everything validated and no restrictions at all. at christmas i purchased around £1000 in eth to then transfer to meta for other uses. i buy the eth and then they restrict my account so that i could not make any transfers. just like you opened tickets, get some vague shitty response then get a notification saying ticket is closed all is resolved. still cant transfer anything opened multiple tickets, blasted them on twitter - still to this day my account is restricted and cant transfer any eth or any other crypto for that matter. cb are a bunch of crooks, have the worst customer service, and are just so fucking bad. will never use them again
since loopring's on ramp, i buy all my eth there
their theft is legal because it’s all in their agreement. stories like this that pop up quite frequently is why they’ve been “coined” scambase.
> aside from this their fee structure sucks anyway. people seem think cbp is the cheapest for fees but they are only the cheapest if you trade over . who are these people? and why have they not heard of binance, kraken, or gemini activetrader? coinbase pro has the highest fees of all level 2 trading exchanges at 0.5% maker.
what, this happend to me like 2 days ago, still trying to get it back now... 🤯
glad you got it taken care of and thanks for actually spitting facts with proof! sorry your experience sucked... i hate exchanges in general and never had an issue with cb but all it takes is one nightmare of a customer service issue to make things sour.
exact same shit happened to me fuck coinbase
i have a problem with them that hasnt been resolved because there is no fucking way to contact them!!!
it's not mockingly called conbase for nothing
you lost me at trading, haha.
they did something similar to me. i sold an nft using the coinbase wallet and the eth never entered my account. their support email said the fault was with opensea and not them, even though there was a clear tx on etherscan showing that the eth had been paid from opensea. i pointed this out and they just kept repeating the same messages of we cannot help not our fault, barely even acknowledging what i said. it was only for a few hundred dollars so i let it go. opensea support of course also said it is coinbase's fault.
loopring wallet could be a possible alternative, i'm small brain so i could be very wrong
ah yes first time getting robbed by coinbase? that’s cute
fuck coinbase! use kraken
coinbase didn’t steal your crypto
take this with a grain of salt everyone. no photos of emails, no link to the transaction on etherscan, no screenshots of confirmations or anything. until i see those i do not believe these posts. edit: that is great they verified with mods. but we still have not seen proof. i'd love to trust mods, but recent subreddit drama over the last couple years has dwindled my trust in random people like mods.
**coinbase mission statement**: we hodl your eth so you do not have to...
op u, but if you nag them enough they will respond. i waited 6+ months to recover funds they held because of some verification failures.
bots have no feelings
guess it is a blessing i cannot open coinbase account from my country.
thanks for the advice! hope you can get it solved!
before i made an account on cb i had never received any kind of scam email related to crypto or coinbase, after making an account only there and no where else, i now receive emails daily from coinbase scammers. seems like a my info was sold to 3rd parties. will definitely never deposit funds there.
wait i thought crypto was supposed to help against injustice like this
good to know. i do not use cb but now i never will.
they held my funds without my consent for over 4 months. try submitting a formal complaint through them. you have to fill out a big form, but it goes directly to a higher-up person in the company, not just some remote worker doing customer service. i’ll try and find the link if possible.
don't worry their tos has recently been updated to ensure you have no legal rights or legal recourse in an business you do with them.
cryptosrus george had a super chat stating coinbase is stealing funds, and he replied "stop making stuff up." we need to educate george that coinbase is hurting adoption.
you probably did not lose it, you just used the entirety of your eth on the transaction fee!
i've had several issues with cb and cbp. this post has motivated me to finally make a move. any suggestions for a better platform? (us based so binance app may not be available to me).
i use voyager. i had an issue that was taking a few weeks to be addressed and i tweeted the ceo a few times. he eventually dmd me and took care of my ticket. name me another billion dollar crypto platform that you can get ahold of the ceo. granted they also need to improve their customer service, i at least feel like voyager understands it’s importance and are really trying to build up their customer service abilities
they’re fucking crooks. hound them on every platform you can
a publicly listed company that does not even have a proper customer service department is just beyond a joke at this point. how do we make this issue public enough that they would start paying attention?
yes thieves get hands chopped btw, who sent me .12btc?
i’m try to get mine out currently, they took 50 from me
i was planning on opening an account with them but i definitely won’t be now. thanks for the tip op!
i saw your post on the coin base thread, it’s crazy that you had to shame them to get help. thanks for sharing.
i am sorry this happened to you. you would think these companies would hire customer services agents that can help. seeing things like this make me want to take my investments off exchanges. i hope it works out my friend.
it sucks man. for anyone out there, i recommend kraken. their ui is not as good as cb but god they have customer service. plus, you can reach out to them on readdit as well.
this is pretty concerning that the only way you finally get an answer is to go through all this effort. i'm honestly going to start looking into alternatives after reading this, it is total bullshit. kraken you say?
hmm... when the price goes up i'm gonna sell my eth and look for another platform. thanks for the heads up. what's your favorite platform so far?
had loads of issues with them verifying my bank account and was unable to withdraw fiat. similar response to my tickets. just got closed down with a generic template answer given. opened an account with cdc and one with kraken and never looked back.
glad you got some resolution. they've done nothing for me since misrepresenting knc as kncl and causing me to lose 1000 knc because it went to a v2 contract. there's zero information revealing their misrepresentation until after you transact. cbp and coinbase in general basically are a fraudulent organization.
you can lrc my dex anyday
yeah i lost my crypto to them because they kept asking for verification documents and i’d keep sending them in. support kept saying it’s under review. it’s been 3 years lmao
imagine coming in here and saying cb is awful and took your money and recommending binance as an alternative ffs.
it’s always sad when you see stuff like this which is unfortunately, very frequent. another reason to get a defi.
did it to me as well. worst cs ever
took me 8 months to be allowed to access the money i deposited on coinbase. multiple emails, multiple replies says its fixed and my case closed. no one fixed anything, nothing more than automated emails. fuck coinbase. i post this on their subreddit to get downvoted and 20 coinbase accounts trying to resolve what emailing them directly could not.
coinbase took over a year to answer my support question and threatened to close my ticket when i didn’t respond in like two days lol
what an absolute shitshow that it took this for a billion dollar company to fucking respond. this industry sucks.
joined cb pro, tried to make one buy, they charged me eth gas, didn’t complete the transaction and then they shrugged when i complained. fuck cb.
i swear coinbase executed a trade i set but at a wrong price screwing me out if a couple grand. i sent them to screenshots and they maintained they did nothing wrong and gave me a have a nice day. if i market sold at a specific time and it is even in my history how did it go through 2 cents lower when the chart at the lowest interval showed it never came close to that price? this happened like half a year ago and still i'm pissed they ripped me off
i've never had a problem with coinbase.
i want to read about this on twitter in a few days.
it's crazy when a company has to save face they suddenly take action. i feel bad for the little guys who get rolled over and just give up.
since im here: ** **f u c k** centralized exchanges: ** 1. they dont give you access to your own wallet and funds, because you only hold access to the custodial accounts. 2. they can borrow your crypto, if you lend, against you aka the market. 3. shitty underpaid support is the backbone to their services, which cant resolve issues like these, because theyre not paid to. fuck coinbase, fuck robinhood, fuck binance, fuck kraken, fuck bitfinex, fuck bybit, fuck every cex out there. fuck them all. fuck. them. all. im not as informed on these topics as i could and should be, but i know enough to see bullshit when i see it. dex is here, lets keep it that way.
why are not more people talking about this.
who the fuck uses cex
cexes just arb bot you dexes you become the arb bot
congrats on getting a resolution. i cannot even get coinbase to acknowledge something is wrong in my case. they keep responding to me with provably factually incorrect emails.
thanks. i've had some good advice, vicariously, through this thread. glad you got most of it back.
your comment and others like it have finally and fully convinced me to not use coinbase. i use gate.io for many poocoins (gate.io has close to 1000 coin choices). and may choose another mainstream exchange in the future ... but not coinbase. you treat enough users like shiat and you start to pay the price.
i’d it’s a us company it’s apparently become ok to openly steal from costumers you can just say i’m a business man doing business
coinbase is not the same anymore.
i am currently having this same exact issue!!! this is insane. mine was with coinbase pro. deposited eth from my wallet in december, it went through fine. deposited the same amount from the same wallet 3 weeks ago, got the email that i received eth, and in cbp there is no trace of it. so glad im not alone here but really not appreciating that cb has been radio silent for the last 3 weeks after initiating conversation with them about this
glad you got it back. reddit have done to me, although it’s just €5. signed up for the sub membership, had it for a month, it auto renewed and the €5 got taken for the second month…. but my membership thisappeared. no gifs and bright colours, no replies to email other than 1 a week later asking for my username. 🤦‍♂️
they’re holding my weth hostage because it’s “not supported yet”
same. they currently have about ’t figure out any recourse. their customer service told me not to call back again as it may delay the review of my account. wtf?!?
crypto.com has double if not triple the coin selection than cb.
as soon as i can unstake my eth, i’m off of coinbase but for now, it’s stuck there
when i posted about an issue in the coinbase subreddit i was immediately dm-ed and received chats from like 20 scammers.
they did the same with me two years ago. months of silence, with me threatening and crying. it was crazy making and i really thought i'd never get my crypto back.
this is very worrying.
congrats on getting results op. really cool to see the community rally and help out! make it known in coinbase sub that all it takes is some public shaming to get coinbases's ass in gear. should find someone to write an article about this and make cb step up their damn game.
oh god. i thought i was the only one. at some point i had 0 on my eth and btc on coinbase … they said they aren’t responsible for this. alternatives?
isn’t coinbase some how related to citadel securities??? can someone shed some light on this?
be your own bank. pay no fees. use loopring wallet.
sorry for you, i use crypto.com, it’s better
yes this happened to me as well, around a year ago. coinbase is an absolute scam portal, same as binance.
good thing i am actually too poor to have these kinds of problems.
glad you got resolution. what's the best way to file a complaint? they have been holding my money and ignoring me for months now.
i just closed my coinbase account. good luck getting any help from them.
great news on your resolution.
glad you got it resolved. sadly, threads like this have been popping up for years. and it is usually for high-value transactions. i'd be very wary of using coinbase if i had any substantial amount of wealth in crypto.
i hope you stick to your guns and stay away from them. terrible company.
i have tried many. binance is the best but it does not work for us anymore :(
wild how access to the block chain seems to keep centralizing around a few intermediaries. wild how those intermediaries are often pretty sus.
all i can say about this is: fuck coinbase it is been like 8 months and no body ever replied to my ticket
i'm glad this was resolved. i saved and downloaded this post for your context and tips, before it magically does not exist anymore
note: always speak up when you realize you've been robbed, because they will try to protect the reputation of the company and send you your money. still, it is sad that you have to reach out to get your transaction successful.
i hate that this shit works. companies will do right by you if you basically start yelling and screaming and making a scene. if you go through the proper channels and try to do it in the most respectful and official way possible, that is often a surefire way to be completely ignored.
i had my phone stolen with my cb authenticator and no phone pin (dumb on my part). . thief did a ’t keep that account funded all the time. they bought btc with it and i informed cb. then while i no longer had control and cb knew a hacker had my account they allowed a btc withdrawal. now they wanted “loaned” to the hacker. screw cb. never doing business with them again.
the reason more people did not get into crypto earlier was because in the early years, there was nothing but nonstop fraud and wallet emptying. the feds and organized crime would just steal millions. there were no reliable exchanges.
i came to this same conclusion earlier today and had my comments shadowbanned from 's wrongdoings. i'm assuming because of violating "rule : no user feedback" which is ridiculous considering how many comments on that sub are still up (and highly upvoted) that recommend coinbase as "a good and fine place." as of today i 100% believe they are scamming, selectively at that, so most folk using them still trust them, and word of mouth keeps goin'. they devalued my btc by about half several years ago when i tried to cash out, ignored me for a month until i yelled at execs publicly on twitter. this needs to be shared wider, as i keep seeing others recommend them highly, even today, which is what led me back down their rabbit hole. am really glad you were able to get your own situation resolved. i pray that more and more and more become aware of this situation until the truth is revealed.
geezus, we diagnosed this as a bug in our system and the engineering team is fixing? totally agree that is not cool at all. how can coinbase, which has been up for 8+ years have a bug that just pops up on losing $!?
now we understand the coin base "free" rewards!
i thought a lot of people complained about binance also? 🤔
thats why i use crypto.com (not sponsored i just like the platform 💪😎💯)
don’t worry coinbase has 4000 employees 🙄
i just switched over to cbp. i really hate how they hide their fees. they tell you upfront what the fees are, but to actually see what the , you have to math. want to see how well, or bad, your portfolio is doing? well pull out your calculator because you have to do that by hand also. for each and every transaction. there is no profit and loss graph or breakdown in any way. i’m not saying they’re doing anything sus, but it makes me wonder when it feels like they’re obscuring pretty basic information that other exchanges show freely.
why is this being down voted? pro-coinbase bots?
unbelievable but expected, a big us company that’s really just a front for a bunch of thieves. is there a coinbase reddit? get on those twitter and hound them
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never had a issue with coinbase... i don’t get cute about defi protocols because if you lose something it’s your fault and that’s it… i don’t understand why he or she are blaming coinbase… i see ppl losing thousands trying to catch a nft… btw upload those “transactions” of the ether scan to here… a lot of missing information…
that’s why i use kraken *smiles for the camera*.
what exchange will you be moving to? i've always had a mistrust of coinbase but been forced to use it since they had the best coin selection and reliability for awhile until cdc came around in my country.
kraken just had a great audit or start using a dex.
it does seem weird to me that coinbase does this shit. they are a publicly traded company. that being said, it feels like these fucks have a lawsuit coming. if anyone chooses to have a petition start going around to sign let me know. i will definitely sign it. it seems like this company thinks they don’t have to be accountable for issues like this. nobody likes feeling like they got cheated or swindled out of money.
coinbase thanks you for your service ![gif](giphy3orio5t2qb4ipkgxhi)
coin is regulated by the sec. if this is shown to be fraud then big penalty.
coinbase did this to me, as well.
yeah i have had my fair share of issues with coinbase after having used them for less than a year...they take your money and take weeks. on top of this they send automated messages to keep you "in the loop" but it actually just makes me feel even further out of the loop lol. then when they do finally resolve the issue, it is never how you want it to be resolved. once they had an issue where all transactions "failed" i attempted 3 separate transactions, all failing, in the end they charged me for 2, when i only wanted one. and only gave me the crypto for one of them. took about a month to finally get the crytpo and they wouldn't even refund that failed transaction. i still use coinbase, not because i want to, but because i have staked eth. i do plan to drop coinbase in the future. as should everyone imo.
in 2015 and 217 they froze my account for no reason. ended up not being able to sell during that peak run, lost on huge gains. i thislike them as well. horrible customer service
sad to read about this. i was planning on opening a coinbase account for their learn and earn rewards program ☹️
coinbase you following the steps of robinhood?
i think the coinbase support team is in this sub farming moons. that’s why they are so busy
i'll definitely withdraw my (traded one of their earn airdrops) promptly. it is not much but i'll be damned if they get another cent from me.
this is precisely why i will never send any of my btc or eth to a coinbase wallet address.
coinbase is a great exchange with horrible fees that also stole from me. cheapest lesson i'll ever learn. coinbase does steal your coins and give no reason. i left immediately and have not been back. great on ramp, horrible holder of coins.
hey kraken support, get in here and throw some shade at coinbase plz.
coinbase screwed me also. i rolled ovee ,000 worth of matic into loopring. 2 minutes later after the transfer i ended up with only ,000 worth of loopring. coinbase stole ,000 from me during this transfer. i opened 12 tickets to try and solve this. i keep getting bullcrap responses validly telling me nothing was wrong with the transaction. coinbase stole ,000 from me and after 5 months of trying to solve this i still have not spoken to anybody from coinbase.
no. they didnt. you typed in the wrong address. period. this was 100% your fault. you're just embarrassed because you made a mistake and are blaming someone else. own up to your mistakes.
that’s why i love the binance customer support! they help me within a minute every time.
i never had any issue with them (not counting the unreachable site if something big happens on the market) or their support. i contacted them a few times already and always got a reply within 24 hours. dunno what else to say?
that sucks, i hope they are just hodling your eth and that they will give it back asap
probably some shady shit going down in general.
coin base is turning out to be the next rh in crypto space
never use coinbase period .
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isn't binance shady too?
cb is hiring as well. please refer to their web and look up job openings. once again a lot of the problems stem from us not logging off of the app after opening. once you log in, do your trading or whatever, then log off completely. keeping it open creates slow response also opens you up to nefarious activity. this should apply to every app you have on your phone. log off after using it
i tried opening an account with them. they rejected it because my home address is not in the country which issued my passport. that seems incredibly dumb. but reading about their scams makes it seem as if i dodged a bullet here.
grimey af glad i never used coinbase
just use kraken. since i experienced kraken's customer support once, i never even had a thought of touching another exchange. they are simply the best in the game
cdc is the way or just use a cold wallet
use kraken. it’s much better in general.
the last draw i will switch to kraken i had some issues and the support could help me immediately. they also proved every spot price of their coins and that they are real
yea i had sent eth on bsc to coinbase back when i was a nooby and only way i could talk with them is dm coinbase support on twitter. never got the funds to this day
fuck coinbase, all about the cro
kraken is the way - asides from flash crash, it was scary…. only if you were on margin which is a bad idea anyways.
coinbase support is a joke.
as a coinbase user, this is thiscouraging. sorry you have to go throught this. i will not be investing in cb until they improve customer service.
>coinbase shall not be liable for any losses resulting from or arising out of delays in processing transactions, inability to execute transactions, or lack of timely response from coinbase customer support. i think they just do not care if you are not subscribe to this: >1. coinbase one subscription. a dedicated customer support line available 24 hours a day, 7 days a week, 365 days a year
i hate coinbase with a burning passion
if you do a google search you will find tons of class action lawsuits. this happened to me and i simply told my bank what happened and they refunded me. maybe try that?
the same thing happened to my in christmas! i sent btc and they claim it was sent to the wrong chain ? bs i can show them the tx i’m still battling it
coinbase blocked my debit card a month before it expired (claiming it was expired) and did not tell me. i tried to make a couple buys and got a generic error message each time. "okay, coinbase is being glitchy again." i call and find out they have block my card for expiration. okay fine i'll just use my new card when it gets here. nope. they've blacklisted my card number because of repeated failed transactions. hmmm wonder why 🤔
wow sickening. i'm so confused because i am dealing with a similar issue with hotbit and the mods deleted my post.
what a shitty thing to do...
this is why we need some form of regulation. the regulation may be bad at first but it could get better for us over time. let’s pray
good luck getting anything but automated responses from them
use kraken if you can. fantastic service. kucoin also as a backup. mediocre hit or miss service from kucoin tho do not keep funds on exchange and only move what you are willing to lose. its still the wild west out here. learn to use a dex and bridges. you'll very rarely need a cex again. esp once we get full crypto cards . ppl often use cryptocom and cashapp. other cards like outlet finance are on the horizon and testing as we speak where you can spend ust and earn high anchor yield for funds held in ust
if you are in uk, then i've heard a quick message to the ombudsman usually gets you sorted out in a day or so. they do not like it when the regulators start sniffing about things like this. not sure if an ombudsman service is available elsewhere in the world, i mean its sort of a service against capitalism, i am surprised there still is one in uk.
i'm now scared for me staked eth in coinbase 😱
coinbase support team is fucking horrible. website fucks up frequently and you’ll get met with a vague “we’re looking in to this” then never get a resolution or a response that actually seems like it wasn’t some computer generated reply
coinbase and binance are shady af. i had a similar expiernce with binance
there's a class action law suit coming their way. you probably qualify. look into it.
everyday, i come across a new story or complaint about how cb is shafting or outright screwing them out of money. i cannot believe people use that shitty exchange. unfortunately, i have not been able to convince my bil to get his coins off it...
did you file a bbb complaint? paypal gave me a 12% cashback deal but did not give me cashback. when i opened a support ticket, they would acknowledge the issue, claim some team is looking into it, and then close the ticket. this happened a couple of times. i filed a bbb complaint and suddenly no problems anymore, the cashback was issued.
maybe try calling the police if you think they stole your money? this kind of shit is always fishy. like you would rather go to reddit vs reporting your stolen shit. it does not make sense.
coinbase is a publicly traded company. you can always sue them.
any company that draws new clientelle in with a promotional offer (cb earn) only to take back a significant portion of that promo ($.99 fees) is not there to help you and is not operating with the customer in mind. theres better options out there.
is coinbase the new robinhood?
coinbase is trash. they buy twitter profiles and use them to spread coinbase hype. they murder you with fees and their app is absolute trash
proof. until then boo this man.
coinbase are dodgy af, i had an issue with them. i've never stored funds there as their customer service etc has always seemed suspect but they were always ok for buying and sending etc with me until i bought algo to send to my own wallet. it let my buy the algo then when i went to send it there was a yellow mark and said pending "may take up to 24 hours or something". i contacted them to see what the issue was and first customer service agent said its because i needed to do kyc again, did it again and it passed using the same documents and taking same selfie etc as last times but it still did not send. contacted again, the person just replied saying unsure, we will have to send this to specialistteam and can take up to 7 days or some shit, then i got an email saying case closed without a reply from this so called "specialist team". then the algo thisappeared but did not end up in my wallet, i spoke to them again they tried to say it was returned to my bank but it was not. i started contacting them on social media someone contacted me then through emails i sent screenshots etc, they asked for certain details and eventually after a few weeks the funds actually appeared in my wallet i was trying to send to outside coinbase. they made a point of replying to my tweet after that to say they were glad to help and fix the issue etc, piss take, imagine it had been some coin there were major changes in prices in those few weeks or something. i also never got an explanation as to what exactly happened and the reason for this was either. edit im sure about a year ago there were loads of news as btc started surging to ath that they were freezing loads of accounts without explanation in a lot of cases. i'm not sure the reasons these accounts were flagged and why the people themselves would keep that much on an exchange and not cold storage but its still a shit move.
can't find your proof of convo and also find this hard to believe. you're saying that coinbase - one of the largest cc exchanges are stealing coins from their customers? seems a bit mad
yeah coinbase stole my ada too bro so depressed
i highly doubt a company the size of coinbase has "stolen" your eth on purpose. their support just completely sucks.
dude... coinbase doesn’t steal your coins. they have insane regulatory compliance with the government... they literally can’t steal your coins unless they want massive repercussions... they’re a usd cash enabled, gov compliant, cex... they ain’t stealin’ shit bub
too many variables with no posted proof. maybe didn’t set a gas limit? also why would you high volume trade on cbpro? don’t you need a 1% swing just to break even?
binance is barely better. had a similar issue as you, asset did not make it to my binance account. opened a ticket in april 2021. kept getting "we're looking into it" responses and asking for 2-4 weeks each time. they never followed up, i always had to send them another message. at one point they told me the coins would be in my account by late november. december 1 rolls around and still nothing and now they are not responding at all. coins finally hit my wallet in mid january 2022 from fucking april 2021. binance is garbage. do not use them either.
how coinbase ignored your first three requests, but the second he gets traction on the sub, it gets worked out. fuck coinbase
you don’t need allow them to custody your crypto. move your tokens to your personal wallet and use a dex. loopring already has a working solution
am i the only person on earth who knows that crypto currency is a scam?
coinbase pro achieve to make me buy on the spot market when i clearly made a limit buy. it happended multiple times ...
coin base is stealing clients eth. think about this accusation for a minute if you need to. here they are fighting with regulators for the survival of the industry and are also willing to put it all on the line by stealing clients crypto. gutsy.
coinbase fucked me twice in flash crash so.i have to quit
op is so fuckin full of shit. won't post any proof that the transaction never came through. a- they made an error themselves like an idiot. b- it never happened in the first place.
i refuse to do coinbase. anything with kyc is the devil. except kraken. kraken has been aroubd and is awesome.
just don’t invest in crypto. it’s an unregulated market. so if you loose money there is no one you could go to and complain.
but yet you gave them your money? the entire market for crypto currency is a scam perpetuated by greedy tech bros, billionaires, and idealistic people who are desperate to get rich. don’t buy, don’t hold. just sit back and watch the bubble collapse on itself.
100k a month trading volume is basically nothing. it’s literally 10 10x 1k leverage trades, assuming you open and close them all at the same price. just saying for those who think that anyone using cbp is an idiot.
i left binance for coinbase and i like coinbase a lot better. easier to follow, buy, and sell. no problems yet but i will keep an eye out for others not being treated well. that's not cool if true
why not show us the hash?
do you live in ny?
i have been using cbp for years, never had an issue with deposit being stuck or withdrwawal. if you have sent it to the right address, then it should have been deposited or they are holding it back for some reason or the other. complaining about fee structure does not help, the problem is your deposit to cbp. i think you should try to get that fixed first, raise an issue on twitter if ticket did not address your issue.
mandatory question: have you ever debated someone that exchanges are a superior store for crypto than hardware wallets?
just curious here, but if the average customer service person has access to refund your wallet then couldn’t they just steal from peoples wallets and make it all unsecure?
what are some good options for cex?
fuck coinbase !! send all that you can to celsius 😭
id say there needs to be a proper audit here, that may also help you get this resolved more quickly
i think my dumbass had something similar i always buy eth and stake it, when they do those cb earns i instantly flip those into eth and stake them too. now, i was watching my rewards ticker and it stayed at the same pace for a long while, months really, then one day boom! i had a decent amount more (relative to the current amount) and the speed was moving by a lot more. i think that what happened to you also happened to me. i also had a couple “we couldn’t process your transaction” after trying to stake it while also getting an email that said they did process the request. the funds never went back to the preprocess either.
involve better business bureau if you live in us. this works for binance so it will work for coinbase
i once had a credit card transaction not go through with them and i created a support ticket and got a response 9 months (!) later. not sure if they cared but that was the last time i tried to use them. if there’s one benefit from crypto regulation i hope at the very least they make these companies handling thousands of dollars for people required to have a human in their support department you can talk to within 24 hours or preferably less. my issue wasn’t a big deal but if you were waiting months for a response regarding a crypto deposit or something like that, even if they eventually solve it the value could be dramatically different by the time they do.
coinbase customer service is pratically non-existent despite being a public company. remember the golden rule boys: "not your keys, not your coins"
i've just left binance because their support team gave me the run around for 3 days in a row regarding extra verification they had just introduced
coinbase app and coinbase pro app won’t let me log in with the same credentials that work on my browser. makes no sense and it’s really frustrating. i sort of hate coinbase nowadays.
if you find a lot of person who got the same problem, i suggest you tweet it and then tag all those persons along. im sure coinbase will respond really quickly!
i've found that coinbase has recently been shuffling deposit addresses so if you whitelist your address after a few days it will be changed and if you send to that address, it would not be deposited into your account. this is true for eth and btc. this also explains how i received a 9 eth deposit that i never sent to myself. it was through a series of multiple deposits made over a year ago, which shows how long this problem has been going on.
go to twitter expose their asses
they’re a small indie company that can’t afford to make people like you whole…. oh wait
damn that sucks. sorry op. pretty scary stuff :/
never had a issue with coinbase. i see these horror stories and wonder what mistakes the people made on their end to get to the situation they are in. as far as coinbase just stealing peoples eth , going to need more proof
i think you'll find a few with every exchange. same happens with banks that have lost deposits.
this get's top of the subreddit without even a single shred of proof. not saying op is lying, but damn, the cb get's a lot of hate
ya i didn’t add a memo to an xlm deposit so it’s lost in their exchange wallet i guess. support won’t even respond to me. been months.
sorry to hear this mate. and thank you for the warning will be using both binance and kraken here in the uk.
did you use a network they support? do you send an erc20 token to your eth wallet by mistake?
time to switch to crypto.com !
always 👏 send 👏 a 👏 dollar 👏 to 👏 test 👏
can you show us the email
if only i could use kraken in ny =[
go on twitter, insta, tik tok, youtube, anywhere to raise this concern
is using trust wallet safer that exchange ?
could be way wrong. but you sure you did not send to coinbase wallet app by mistake? i thought this happened to me for a week. then realised i sent it to my coinbase wallet and not my coinbase account. so the deposit was made, just on a different app, and once transferred into coinbase all was ok
cb on twitter is very good. blast them there. buddy of mine had 27 eth "misplaced" from his transfer. went through pretty much the same process as you describe. he tagged them on twitter and everything was remedied within a few days.
new to crypto, joined this sub to learn a bit more. thanks a lot for the heads up! hope you get your deposit one day :
welcome to the club. we meet on wednesdays in the basement of st. bernadette's.
i like their coinbase 4% cashback debit card but other than that i do not usually keep any sorta meaningful crypto or assets on there.
i am a california attorney. pm me for a free consult.
i’m sorry to see you having this problem. in my past experiences in similar situations, after i got over losing my cool and did more checking the details, there was always something i missed, something i didn’t do or se or did wrong. i’m not suggesting anything in your case. logically, it was always me. i’ve never had an issue with coinbase but have never used cbp. don’t give up
it took me days to get my money out of coinbase and i had to jump through hoops. i only wanted to take some money out but the difficulty caused me to close my account. that’s my experience.
they are one of the few markets that will work with people who live in ny state. if anyone has a recommendation for another marketplace that will let you join if you live in ny state, i'll leave right away.
that’s why i transferred my shit from coinbase
gotta use coinbase pro or some other platform. they stole my father in-law’s bitcoin and got back to him like it was his fault.
crypto.com welcomes you with open arms, it’s going to be ok my child.
usually exchange issues like this take months to resolve. last time i had an issue like this with binance, it took them about half a year to get back to me.
we hat is the vague copy paste response they keep giving you? i’m curious. i’ve been very happy with cb but this is concerning
they are just waiting for eth 2.0 pos fruit rollups to arrive. jk. did you report this to the sec?
usd is hyper inflating. damages are recorded at the time of the incident. every exchange is currently incentivized to rob you. we're about to find out who has morals.
try logging out and logging back in to see if they show up then.
always use new addresses.
oh and i was just about to start using coinbase!
i signed up for binance and accidentally bought crypto twice yesterday. both times, it told me my fiat deposit did not go through. so now i own about 38 ada tokens. i was on a cellular connection, so i wonder if that explains it.
kraken isn’t much better. they banned me for life for simply complaining about them having outages during the moments when my crypto’s price was at its highest.
did it meet the minimum transfer amount? only asking because i had that happen once, but as it turned out, i was a little behold the threshold 😔 and not sure if the minimum is pre or post gas fees, i’d assume post
fuck binance too tbh
definitely contact the sec, fbi or the proper agency. they would not be happy at all with this.
yep this is a real issue with crypto, say what you want about banks but at least i can speak to a real person
isn't this why using a third party like coinbase will always be inferior to just learning how to use a wallet? i get that you're only going to bring in the casuals with sites like coinbase, but it just seems so antithetical to the process.
let's get that etherscan transaction.
man, i want so badly to unstake my coins from cb and gtfo of there before something bad happens to me :(
i couldn’t buy shib, opened up two tickets that were both closed, with obvious signs of lack of customer service. i went on the coinbase sub on reddit and made a post about lack of support and how i’d be scared to invest money with them, and boom, the mod on the subreddit hops on the thread and says he can get my closed support ticket elevated and it gets resolved in a couple days
i'm glad i could not verify my account because of a bug. support never helped me so i gave up on coinbase.
that's what you get for using goybase
just because you sent it to a cb address you have used many times, does not mean that cb address is still valid. i assume you validated this, but could not find it in your post.
bro. you need to send them a lawsuit. dont let them get away with this shit, this is what they are counting on. only way to fix a problem like this is to litigate them into submission.
do you use binance or binance us? if you're using binance us i wouldn't trust that either
i'm sorry to hear you got royally screwed over - it is because of this i always use cold storage and only move the necessary sums to exchanges as needed. even then it is always a bit shady.
coinbase sucked ass before you take into account the missing account funds.
coinbase pro is 30. fees are 1.5%. so it’s worth it over 2000 per month not 100k right?
i literally own coin stock and find myself using [binance.us]( more and more in recent months b. go figure.
whoever uses exchange deserves this
ahh decentralization. i'm glad in the crypto world we're finally not slaves to big banks anymore! the world is so much better now! satoshi would be proud of us! am i right??
starting to complaints on these things in cexs. that's the problem without smart contracts.
turns out trusting shady people online with valuable things is a bad idea.
had the exact same issue with coinbase last year. funny how despite their complete shit service and openly locking your money, people in this sub keep recommending them over reputable exchanges.
to those that arent that familiar, cbp = coinbase pro
i’d try including how you will be reporting to the sec and any other credible regulatory body. i imagine they have some triggers that will prioritize your request. i guess the only thing which hopefully should comfort you is that the money is still there, they just have to make the transfer to your wallet.
i lost my 2fa and coinbase was probably fastest and easiest to deal with support. they could have ignored me and taken my funds easily if they wanted to... i dont think they are scammers. i personally dont like them because of fees, because they have very limited ammount of crypto i gan buy there and because they offer no staking... all good they have is coinbase earn but that cant even pay up for their expensive fees. its pretty much same issue with kraken. i mostly use binance but i also keep hearing horror stories about binance too. worst one was when they kicked euro people from us binance or vice versa and dude was given few days to transfer his stuff out of acc before it gets locked there forever but there was withdraw limit so it was impossible for him to transfer funds out in given time and he was being ignored by binance. solved it because he wrote about it on reddit then someone froim binance talked to him... dude was mega whale with shit ton btc what im trying to say is all exchanges suck for one reason or another
the same with bitfinex
what exchanges have the best customer support?
blockchain forensics exist. if the irs is gonna use it to track down individuals, i damn well hope they will use it to check on these thisappearing transactions lost by a massively wealthy company, and where that money went, laundered, whatever
oh wow an unregulated system involving large amounts of money has agents engaged in fuckery? that sucks they took your money but that is a risk with crypto. there are no regulatory bodies to turn to, you're pretty much screwed if they pull crap like this.
if cb ever steal my eth, they can expect a lawsuit...period! depending on the amount, if you're in the us i would either 1) file a small claims or 2) get a lawyer and sue them. if what you say is correct, they will probably correct the issue pretty quickly after a letter from a lawyer threatening to sue them.
have you checked your coinbase pro?
nothing but terrible experiences with their customer support. i literally only have it anymore to use the cb card which has really nice rewards with no strings.
i know [crypto.com]( is not perfect, but this is why i shill them to robinhood and coinbase users. ' if you're on kraken or totally decentralized... you already know what you're doing and do not need advice. ' cro is still the best of the big 3 crappy choices.
i have mostly moved on from coinbase and coinbase pro. have decided to trade kraken and gemini as they have much better customer service, and the fees are fair. i find there needs to be a balance with customer service and fees.
how much did you lose ??
nothing new for them
for me the worst exchange ever is crypto(dot)com
i wouldnt even let my cb earn rewards on cb
i do not understand why people post complaints like this on reddit honestly. reddit is not any kind of authority. file a lawsuit. everyone that cares about society, left, right, or anything else leaning, should learn to file a civil complaint. it's a great skill to have. use dogs like this for practice and file today!
cb or cbp are shit i'm not surprise mf's
not backed by the fdic or u.s treasury moment. isn't unregulated currency just awesome guys!?
do we as a customer have any recourse if it happens to us if customer support does not respond? can it be taken to small claims court?
calls on coin this is bullish af for the company
so where do you expect people to trade if they don’t use pro and live in the us.
just call them. 888-908-7930
crypto community: hey, we can use blockchains to transact and verify assets. coinbase: cool, we'll use our own private ledger and do whatever we want. this is why we need to move . they're just doing the same thing banks have been doing forever. keeping their own ledgers that are not publicly verifiable.
i doubt, not that this happened, but that it is intentional "stealing". legitimate businesses do not care about you, but coinbase is doing just fine with their business model without stealing from you. i'm really sorry about your fortune, but i'd wager it will ultimately (hopefully sooner rather than later) resolve itself. and i'm sorry about their customer service. unacceptable.
there two things everybody know but nothing is done against it, first it’s sam hyde and mass shooting and second is coinbase support being incompetent
just light up their twitter... easiest way to get a response nowadays...
they did the same thing to me, just file in court man it will be faster
rule of crypto = not your keys, not your coins rule of crypto = do your own research; trust nobody rule of crypto = never use coinbase
why we need dexs!
for security purposes coinbase shuffles their holdings around between wallets, some offline and some online. for this reason you should never send to coinbase outside of the "receive" flow they have built in. that uses the correct address you have at the moment, but the next time if you send to the same address there is a chance you do not get the coin. they need to do a better job of making sure people know this but they do not and like you've mentioned their customer service is swamped and shitty.
use the same rules for crypto as you would for business. in general, more parties involved = more risk
man its almost like there should be federal regulation of some sort...
coinbase suddenly decided i was no longer verified and would not approve new documents. i'm glad i pulled most of my crypto out.
it blows my mind people still use coinbase
but apparently robinhood is the bad guy smh
stories like this are the reason i removed all holdings from them.
maybe it got locked into eth 2.0
that's the whole point of a platform, automate revenue generation.
what do you recommend as an alternative?
one of the problems here is that you can find stories like this for literally anything. hell, you can find people who claim their ledger lost all their coins in a way that somehow was not their fault. it's just so hard to independently assess the *relative* risk of any particular thing because there is a strong bias to reporting negative, rather than the more banal positive, experiences.
coinbase is a nightmare. i switched to cdc and never looked back.
just want to point out that you would expect outages during times of high volatility. it’s a common fear that it’s sus but those are the times you would expect it. what would actually be sus is outages during non volatile times as that would indicate actual issues with their software
yeah i’ve legit never heard any positive news in regards to coinbase
if someone has 1 btc in coinbase, but coinbase does not actually have that btc held in 100% reserve, then where is it?
switch to kraken. they have customer support that monitors this subreddit!
ya this is why i left a while ago. coinbase was notorious for bs and shit customer service from the start
an unregulated industry full of scams, cheats, crooks and hypesters, what do you expect? and what is the explanation for who and why someone propped up cryptos last friday and created a manipulated rebound? who are the main crypto whales who manipulate this stock, pump and dump, pay for the billions in often false advertising, etc?
coinbase sucks. they’re no better than wall st crooks. they also skim off the top of your transactions
i've suspected them of doing this to my automatic weekly recurring eth buy. i check in on it regularly and sometimes notice my eth amount does not increase yet my email says i was billed per usual. i'll really have to look into this right now! i suggest everyone do a little checking as well, if you use coinbase. so easy to miss if your assuming they are doing what they are supposed to.
this is the point you need firstly a lawyers letter, and if that does not work legal action. or you may have some form of small claims court in your country. it sounds like you have clear evidence they took what's yours.
can we fucking do a lawsuit?
i have some eth staked on coinbase and i’m praying for the day i can move it to my ledger and wash my hands of cb
so you either cut your losses or get a lawyer. this is theft plain and simple. so the question is, is the the amount they stole enough for you to take legal action to get it back, or just enough to walk away. as others have said, you can also take the issue to their twitter publicly and bad press them into action, but in my opinion that should be last ditch effort and basically have the same expectations as cutting your losses.
ive learned you cant stop and shop at coinbase, its ‘shop and go’ with coinbase
lol why are people using coinbase? duh it is a scam.
file a detailed and document supported complaint with the better business bureau in the city and state where you did business with coinbase.
in your experience, does gemini active trader have a better support team? i live in ny, so i have limited options. no binance, no kraken, basically only gemini and coinbase as far as i know. i use kucoin for some things but the fees are high. edit: grammar (is vs does)
you gave your money to a fraudster. this is on you.
what exchange is recommended then?
this is just insane if a name trusted like coinbase is stealing people's money !
remembet when people said cryptocurrencies were safe lol
stay away from cb, scammers...!
i use voyager. i've never had any issues.
coinbase has been doing this for a while, if binance did this it would be destroyed and banned
that is messed up, supser sketchy
i've literally never had a problem with coinbase personally, sucks that this happened
man, i share your feelings. not quite to your extent but every word about their support is true. i opened a cb account back in jan and was just casually browsing. when the btcs were trading low late january, i thought i'd cash in and when i found out they opened my account in a different country but with the city'm living in besides using a bank account from here to verify with a 0.01€ deposit as well. when i noticed, i contacted their customer support to get it corrected but they are saying they cannot do anything without me losing that 0.01€ which i was fine with but then they stopped responding - all the mails to their support returned as my mail address being tagged as a "spam", so i used their web form to "escalate". the guy responded refused to help and it is been three weeks. i'm not going to bother with them any more and will move to other providers seeing your post.
this is why we don’t use coinbase. it’s a good beginner stepping stone, but once you learn your way around, you should really get all your money off exchanges.
dry their dirty work on twitter 🧐
yep, utterly fuck coinbase
one more reason why you want to be decentralized and not centralized perfect example.
bitrex did the same with me for one of my altcoins that i had stored on a cold wallet. all of the txns were confirmed but did not update in actual holdings. took about 1 month of annoying them and sending them proof about the transaction. some twitter complaining too. using their internal ticketing system sucks. while they do look good, they take their sweet ass time to fulfill since they dont have to stick to their recommended timelines.
not your keys not your coins
binance has always been the cheapest i thought?
we have been saying this about coinbase for nearly a decade, since they opened. this community is so harmful to itself, it is like a pokemon in perpetual confusion.
now it makes sense why they have no customer support
this is a refreshing post on here. thanks for sharing!
i just went to cdc... feel its more safe also?
personally i started using crypto.com and i've had 0 issues even depositing my eth mining profit directly to them. the interface is a lot easier to use than binance as well.
mt gox pt 2 all over again
lol i love the subtle lrc shilling
so many people being skeptical about this. just go to r. they had suspended my account for weeks and i tried to reach them every way possible. begged them to release the funds. always the same automatic response and immediate ticket closure as resolved without actually doing anything. i finally posted to r. but in those weeks i saw hundreds if not thousands of similar posts around what was happening to people. not stealing, but horrible inefficiency and terrible customer service. coinbase honestly sucks. haven't come back from decentralized exchanges since then. binance for expensive eth transactions and moving stuff from chain to chain but never coinbase again except the eth 2 i have stuck with them unfortunately.
i had a deposit problem with binance in late december. they credited my account only in mid january, after crypto has crashed. i got so nervous, it sucks a lot. hope you solve this situation mate
a lot of people have recommended kraken, binance, crypto.com, and gemeni. i've tried kraken but what i've learned is it is best used overseas (eu). i've tried getting my ban account (ach) on my account but for the life of me, it does not accept. so i've given up on my eu platforms that support exchanges and such to stick with cb. not bad honestly but hopefully it stays that way.
time to drop cb
secux does this shit to their customers. boycott!!!!
yup lost money when shib crashed coinbase, opened a support ticket and was told problem resolved but it wasnt
and this is why i cashed out my dogecoin during the crash before robinhood could screw me.
anddddd this is why i use crypto,com
yepp, they got 1k of my weth locked in there too :(
i am the only one that day after day more and more exchange start doing sus things. i mean who can we trust now? coinbase stole your funds, binance suspends withdrawals saying it maintenance when they run out of liquidity…
if your trading high volume just go directly to a private bank offering crypto. you would get the top class 1-1 support with your client advisor and would get better rates, directly to and from your bank with no settlement times. not to mention funds held by banks are legally protected, so this situation just cannot happen. if there were any thisputes, these are reviewed by the relevant banking regulators and non compliance could cost them seriously fines or even the banking license itself in the extreme.
file a lawsuit. i bet your coins will show up real quick.
in my opinion, most crypto-exchanging platforms have some sort of scheme to steal and manage your funds similar to banks. whether it is about hacking or high fees, sometimes it just sucks to have "the man" controlling our stuff.
cb customer service is not really helpful at all.
i always thought highly of cb, now i see how shady they are.
glad to see that you got your meth back.
lol why the f you keep your crypto on exchanges! it's never safe!
i switched from coinbase to kraken last week and i haven’t missed any features at all so long. the ui is decent as well.
it’s almost as if some sort of regulation is needed?
i warned the .
where do bitcoins come from? wasn't a computer supposed to solve a math problem for one. how does buying and trading from an app make this safer than just cash?
if only kraken would support pix in brazil...
i'm not sure if i i've ever heard anything good about coinbase.
make a complaint to finra.
>they have devalued by about 30% ish since i sent them what? how?
fuck that, you’re legally entitled to the original value of the coins.
i'm glad i use my coinbase only for shitcoins
but but... the blockchain
>i am in the eu and use binance a lot i used to use them too, and then they randomly suspended withdrawals in the uk for weeks at a time, and i similarly lost real value even through the coins remained. still looking for someone better.
pretty much all the exchanges pull this same crap. the whole cryptoverse is fucked.
tweeted about same issue with ftx and zero resolution
coinbase refused to give me my money back. i tried many things to do what they said to verify i owned the account, which they said i had. my passport (us) and video were not acceptable to them. so, op, i would think of taking some money out of your account to verify that you can.
write them a nice affidavit, and demand a response of your liking, give them a 2 week notice to respond. send it certified mail so you know they got it. if you don’t get a proper remedy take them to court.
i thought the point of crypto was that possession is 9.
i dont tranfer shit ever,buy on different exchanges ! i dont trust sending anything.heard of to many people loosing crypto they sent out
coinmetro is good for eu
i had 2 fraudulent charges from coinbase show up on my credit card, i do not even have a coinbase account
this is the exact reason i switched governments. i mean, not in the way you think, i switched to bitfinex
they stole my uni in 2020... never looked back... fuck em
anyone have a recommendation for cb alternative here in the us
decentralized currency, but in that spongebob sarcastic mixed case.
bro stay away from binance and coinbase, for me crypto.com is the more reliable
they committed this crime??? you think they are worried about putting their entire company in peril over your account??
nice, i’ll avoid them. was about to start a membership with them. what is another crypto wallet or is there a good tutorial on how to create my own wallet?
let's get this out and have a watchdog for any scummy practice
i know someone who’s had their account frozen for over a year with no wrongdoing and coinbase refused to explain.
don't worry. they stole a lot of people's sgb
ooooooo damn i'm gonna pull my shit, thanks op
i literally switched from coinbase to kraken this morning because of this post. i had a small issue setting up my account with kraken and i live chatted with a friendly kraken rep instantly. i’ll never go back to coinbase after that. i don’t trust them to help me if my money thisappeared or if i was hacked
wait, that have a customer support ?
something else is going on here. why would this transaction randomly not go through?
does anyone know something about this? is it legit or a scam? in order for a new customer to withdraw funds one must send 0.01 btc as a 'confirmation' to upgrade account to a tier called 'user'. is it even legit? if yes what is the withdrawal limit at without kyc?
welcome to crypto, it’s all just one big scam
time to switch to crypto.com
eth went down by 30% in 11 hours? so about ? lol okay good one
my own experience with coinbase customer service is terrible as well . not to this magnitude but my issue remains unresolved and no one can give me a straight answer. i am also looking into a new trading platform.
buddy of mine bought a couple grand of shib when they first listed it on coinbase, they charged him like quadruple the “at the time” price of shib…he asked for clarification and they just never responded….ever. he was out a couple grand soon as he made his purchase. i’ll never use coinbase just for this reason. i’m not going through that bs.
go on their reddit. i had to keep making posts until a mod responded and manually reviewed my account and the next day it was solved
get a crypto loss attorney.
anybody who's still using coinbase has not been paying attention.
does anyone know how to pull staked eth2 off coinbase? i read in another sub a guy bought some eth with his bank account knowing it wouldn’t clear and used his eth2 as collateral, so when the transaction didn’t clear coinbase just took the eth2 and called it even. not sure this is an option in the uk as you can’t buy with a bank account.
i personally like crypto dot com
thats why a whale moved 3k+ bitcoins off of coinbase today to a hardware wallet. my exposure is mainly through mining stocks though, , esp for low-investments
i'm so glad this was resolved- one problem with the lack traceable transactions...is exactly that!
that's just the risk you take. the system is working as designed, collecting control of the chain in the hands of exchanges and other platforms and shielding them from external or regulatory control. that's what this is. you knew this, or should have known this, going in. mt gox was 8 years ago.
look into cdc best on-ramp in my opinion, safest exchange as well…
you know, i did notice that whenever i did anything, the fees shown and the actual amount gotten is different. normally by . everyone should move from there.
so glad i moved to my l2 wallet fuck dex
not your keys not your coins. few.
i had something similar happen to me back in 2016. i removed all my legit banking info from my account, added a prepaid bank account info, used it to purchase almost (at the time they would front you the bitcoin until the transaction finished processing with the bank). that bitcoin went from 40k to 44k within the time it took the transaction to fail and i was able to withdraw the extra . fuck me? ha!
you should not have to use twitter to reach out to a multi-billion-dollar company to resolve an issue they ignored through normal channels of communication...
ditto. decentraland also burned half of my eth savings asking me to add mana to my wallet. i thought it was just connecting my wallet but jokes on me, again, and again, and again. like i'm broke af now because of all of this b.s.
they are just a scam! multimillionaire scam…
i quit binance for bitfinex and kucoin. the latter two have much better ethics in my experience; they do not seem to indulge in blocking your withdrawals and blaming your particular coins to cheat you when the demand to trade something is high.
they said they put a ticket in, it will prolly get resolved
coinbase does not care. they would not even list nano which is a very popular cryptocurrency. r
coinbase customer support is fckn terrible.
this is no longer 2017 why is coinbase helpdesk is still so shit? they are not managing this in their backyard anymore are they?
gemini is by far the best exchange i've used so far. 10 free withdrawals a month is amazing and unmatched.
not your keys not your coins 😢
just use binance people.
that’s crypto for ya. here today — gone tomorrow. good luck with that!
i'd be pissed but also because coinbase is publicly traded. you could file a complaint with the sec. they may investigate if this is a real fraud going on. also buy a share become a shareholder. i'd attend a shareholders meeting and raise hell. lol depending on how much money you sent.
wow a publicly traded company worth billions is trying to scam the little guy so blatantly. eat a fat dick coinbase. i second the kraken recommendation
good work making sure you were heard, and thank you for looking out for the rest of us. cheers
crypto is so secure how can they be stolen?
always use hardware wallets. you do not own if you do not have the key
next time only deposit usdc into coinbase and do your selling on chain.
coinbase sucks, they have flat out stolen an airdrop xrp holders were supposed to get. will probably do the same thing for the second airdrop too
same happened with me and binance. they stole 10k
crypto is a dumpster fire anyway. they just saved you a bunch of time.
sue them anyways. claim for the value of the coin at the time of their withholding.
they banned me when i got a little aggressive trying to recover stolen funds. cut my loses and have been having a fantastic time on my hardwallet. coinbase can get fucked still to this day.
if only it was somehow regulated…
if not coinbase then what is a better alternative?
next time give ‘em a few strikes then make a small claims claim.
not your keys not your coins. lol
i have no trust in things like these . i always was waiting things like that could happen .
i wish i could bail on coinbase. but, i live in texas so crypto trading platforms like binance (what i would have preferred) cannot be used here. fml. i just wanna trade without policy makers getting in my way.
yah know not only coinbase have this issue, we can also saw it on binance, huobi, ftx, kucoin and other exchanges
over here enjoying crypto life on voyager while y'all are stuck in that scam.
i hate coinbase, but i naively staked eth there so i am stuck with them for awhile.
> a bug in our system moving billions in cryptocurrencies and there are bugs in our system that we would not address.
yup and their whole "free crypto for getting educated is also a load of shit" which is why i left
can this truly be an error? i have a transfer thats been stuck in metamask for 10 months and their support really tried to help and said, “it was sent but it appears to be stuck between eth blocks and is truly stuck”. is that even possible?
i had a similar issue with a coinbase transfer to crypto.com, except it was a cdc issue. i literally had 2k. they fixed it, but for a moment i also had like a billion dollars. still some kinks…
so which alternatives are good for europe based users? binance and gemini seem fishy, only cex.io has a lot of good reviews on trustpilot
man, that is crazy, i never had a problem with coinbase though.
oh my god what a fucking nightmare.
the way she goes there bud. the way she goes.
glad shaming them worked out!
i'm gonna have to remember this lol
they wont do anything about it unless you make some noise in social media.
oh yeah fuck coinbase. they only promote coins that are in their interest and they have ridiculously high fees. they also are a bit of a shill for crypto vcs, i only used them to get money into another account. if anyone has advice on how to get money into binance in netherlands, please let me know. i find the deposits of eur sometimes don’t work
good,its not worth a € anyways.
same, they locked me out of buys. i got an answer but they insist they cannot tell me why or how i can fix it no matter what i asked, and they just said, sorry, and closed my ticket.
probs buried now but they have to pay for the coinbase earn somehow dude duh!
it's happened to me aswell, costumes support is shit, i buy sol they take money and do not give me sol
wow, at first i thought that you did one of the common noob errors, but this repeating shit is coming up every now and then and it is a horrible user experience. used cbp for years, but completely switched over to kraken a while ago, no regrets. it outrages me every time that all the biggest players in the crypto space, be it exchanges or foundations behind coins, and even smaller ones are so wildly incompetent when it comes to costumer service. you get the feeling that they all try to be the first in new markets, user experience is a thing that can be neglected for most of the time. one of my biggest grudges when it comes to dealing with crypto.
sorry to hear about your experience. i had a similar issue with coinbase a while back. they just ignored me. i would recommend avoiding them and finding a more reputable exchange.
paid to trade? pancake pays you even more _not_ to trade!
in my experience, cbp support was very bad. i had an issue where my withdrawal of sol was pending for a long time without providing a tx hash. normally, i get a tx hash immediately and sol is relatively fast so i get the tokens quickly. i emailed them and they kept repeating things to me that i already knew that were irrelevant e.g. tx has to be confirmed multiple times and asking me for the tx hash and thinking i sent monet to coinbase not that i withdrew. i kept repeating to them that their system is not showing a tx hash for the withdrawal like it normally does. anyway, the tokens were eventually withdrawn but support was so frustrating and did not even understand the issue despite my explaining it repeatedly.
i've seen a lot of posts about this and was a main reason for me not moving from binance to coinbase
i just use robinhood for crypto. i tried coinbase when i first got into crypto and wanted to buy ’ll be fucking damned if i’m paying 10% commission charges so i just got it on robinhood bc they don’t charge commission. ik robinhood is bad but i dont really know an alternative for this stuff that doesn’t charge ridiculous commission and only have like
keep using exchanges… this was created to avoid a middleman, the result is that there is a new middleman. i believe bsc will be the next big crash
thanks op, you reminded me to send my money to another place. guys do not forget to change it into a currency that is cheap to send (example xlm)
i sent dai to coinbase via the polygon network. i understand the functionality was’t available when i sent it. is this something they can solve? i’ve had mixed response and atm just hoping it shows up once it’s polygon deposits are accepted.
i do not think i've ever seen a post with this many upvotes, wow.
download the blockchain i think that fixes it
there’s pending lawsuits over this….
kraken is amazing -- their customer service is the best i have encountered
kraken is great and i heard lots of good things about them. the problem with them, at least for me, is that in their ui the balances get rounded to 4 or 5 decimals. your funds are still there, but the thisplayed amount is off by a few thousand satoshi. that might not be a problem for most people, but it made tracking and recording my transactions a pure nightmare. i think they do it to offer a "cleaner" ui, but it ends up just being confusing as fuck. if i recall correctly even their reports were not entirely accurate, or there was a problem with how fees were thisplayed or something. i soooo wish they would fix these issues, so i could start using them again. :(
it’s almost as if having some form of regulation to protect the consumer from greedy and exploitative companies is a good thing.
wow can’t believe it took posting a thread here to resolve it! how much was it for if you don’t mind me asking?
when i tried signing up for coinbase again after unable to get into my account numerous ways, every time i tried to “add a card” they tried to take hundreds of dollars out. then denied my card so i would keep adding cards and keep scamming me out of money. they never got anything but now i don’t trust crypto at all. came to this sub looking for some answers. this happened maybe a year ago?
they did the same crap to me last year. so what i did was i bothered them with like 30 messages a day for support and then i started using really strong language later on with more intellect and legal ramifications. i had a transaction stuck in limbo for theorem for one month for . they told me i had to wait until the transaction fell off to get my money back but there was no hope, or no idea when or if that would ever happen. so, they went ahead and prematurely credited me the money for the transaction, and it eventually fell off weeks later and i had an extra , so i took both and invested in & 😎😇 coinbase are scumbags and do this all day long to people. i’m glad i got them for ,000 of their money, and made awesome returns thus far lol!
this happened to me too. support is nonexistent.
coinbase is so much better than binance and kucoin.
this is why robinhood is superior 🤓
opening multiple tickets not only fucks you over, but it fucks over every other person who needs assistance. patience. something may have gone wrong in the transfer. it does not help when half the world wants support the second they request it, then open multiple tickets when they dont get asap responses.
breaking news: the crypto community is wrought with scams and scammers.
lmfao yall wanted unregulated, this is what that means
it sounds like you fucked up, not cbp👍
use crypto.com i ditched them years ago...
what a moron you are.
you sent them money from an anonymous wallet and trusted them to deposit it into your account? i have a bridge to sell you if you’re interested.
someone stole a check from me that was in route to an insurance agency. 10 minutes at the credit union and my money was back. there’s something to be said for dollars that are fungible and not having to wait to get the dollars with the right numbers to you.
use [blockchain.com]( as your intermediary... i do not use coinbase because of their shady history.
maybe i’m naive and didn’t get the memo early on, but for anyone else who didn’t know, crypto.com will block you out of your account, transfer your crypto to another account, then finally send you the email needed to login. they will not delete your account no matter how persistent you are, and they have all important docs on you. their website is a joke and so is their “support”. crypto.com is a scam.
use crypto.com my guy
reach out to coffeezilla
i can’t imagine thinking coinbase would bother to steal your eth. it’s nonsense. you aren’t worth it dude.
don't do binance either lol...
i do not recommend binance either. they froze my account out of no where and for months would not respond to me. looking through subs theyve done this to a lot of people. eventually i had to get my bank involved to get my money back and binance was magically able to respond. they were just scummy all around. i would avoid binance as well
haha get pooped on
y'all deserve this shit, sorry.
woooow, its almost like a social system is required to enforce property rights and the crypto shit is just a fucking clscam
if you want this resolved promptly, hire a lawyer. coinbase will respond right quick.
this is why crypto needs to be regulated so there are consequences to this sort of bs.
bullshit you shill. stop trying to cause panic.
time to file a complaint with the sec oh wait…
shit. time to pull out of coinbase. what's the best alternative?
i have a ledger wallet arriving friday, renewing my expired dl and joining coinbase pro to put everything i got in my wallet at a 5% fixed fee, at least that’s my understanding of the benefits of cbp, ever since joining the coinbase reddit group all i read are horror stories, good luck guys…currently my balance is actually higher than what coinbase shows me it is, ranges from 300-500 bucks, not much but it’s still horse shit, i don’t understand why but it’s concerning, ever since updating the app for no reason (which i don’t ever do) i’ve had this problem with cb, don’t trust these trading apps anymore
they're publically traded right? seems like the sec or some regulating body could look into this for y'all
did you copy and paste the address? i have been hearing about the keyboard of a corrupted phone can paste a different address then you copied
the image you posted is not vague nor does it say you are not getting the money. it says the engineering team has not reviewed the ticket yet. while 6 weeks is a long delay and that sucks, you are not representing (or possibly not understanding) the facts correctly. this is a case of them being slow. not a case of them stealing.
crypto is a fraud and a joke.
just try . it was recently listed on kucoin.
how can i leverage cro? asking for a friend.
was your address black listed? was the coin you bought from stolen coin? if so. then that is why they were taken away. look at fine print of coinbase legal agreement you signed when you created an account.
give me a few minutes
ok how do i do this edit: i sent a message via modmail, i use the android app and its not giving me the option to send images if a mod wants to dm me i believe i can do it that way?
some part of me wished i'd read it was fake xd
i always tag my exchange on twitter and they have always made an effort to find a solution. normal calling:(
cexs do not care as much as other companys i think.
you can also write a demand letter and send it to their legal dept.
you’re right, that’s why i wear my dirty laundry 24
hijacking to mention that my eu bank is no longer accepting transactions from binance. apparently binance were sending the transactions through in lithuanian litas (is this where they are based now as it falls outside of eu regulations?) and bank could only accept euro. might be something other europoors want to check.
the problem is that you still need an account with a good amount of followers for them to pay attention
also consider buying eth via loopring’s (lrc) on ramp. works for me.
pro tip for twitter: never threaten a company with social media. it backs you into a corner. when posting, assume it’s going to be read by the kind of people who found the boston bomber on reddit: don’t make assumptions or imply anything - state the facts and only the facts that you know, and that this is “an unfortunate slip up in an otherwise great experience”. tag the company and any of your local news agencies. **do not** use threatening, harassing, racist, or offensive language. for bonus points and faster resolution don’t even use swear words. under no circumstances should you post identifiable information about yourself, the company, or its reps.
fuck coinbase. they charge fees like they’re eth
exactly. tell them to make it right by <insert deadline here> or you will make a police report about fraud.
its not dirty if its still wet
this, i threw airbnb under the bus in twitter and they showed up.
maybe the consumer finance protection board, too?
i hope coinbase collapses. horrible culture in their company and some psychopaths at the top exec level. it is not a good thing for the decentralized nature of crypto to have these idiots be the trend setters
fuck coinbase, for real!
binance.us does this also
what if you do not have followers?
it only took being called out and receiving the negative attention of nearly 10k members of this sub to get the issue resolved. glad i don’t use cb
well said. you’re awesome!
a company who generates over a bill in revenue a quarter should absolutely fix their customer support. i feel like i grew up being taught customer service is essentially the backbone of a successful business. apparently not
*thank you for contacting coinbase. we care about your issue and the next agent will get to you in 12 years 6 months 4 days 8 hours and 25 minutes.*
he’s currently taking his 4 weeks deliberate recharge time
he's too busy scrolling through .
and he’s about to take a 4 month vacation
>it is not helping he only works a day per week. coke and hookers the other 6.
i cannot imagine how infuriating it must be to be in op's situation. fuck coinbase for doing this kind of shit
not only coinbase! we need better costumer supports to grow!
this is the problem. you cannot even email them directly anymore.
it's so weird to see this. i have only used coinbase for the free crypto and then closed it again. mainly use crypto.com for the card. i have had a few problems with the app and every time a customer service wrote me in less than an hour and solved my case. once i had to wait a full day.
transfered 16000 dollars in btc from block fi to cb in november same response filed claim with bbb so far nothing.
even the human responses are terrible. was stuck in a bot loop to remove “none” as my middle name. kept trying until a human contacted me. he confirmed i went through all the bot instructions then said he will escalate it to an engineer. the engineer put me back into the bot loop.
i had an issue recently with crypto.com, emailed their support and received an email back within 5 minutes, the whole issue was resolved within 20 mins. can't fault that shit.
its not just coinbase who has this issue. same is with revolut. seems to be a common practice for these fintech startups
i’ve been trying to close my account for months. crickets. crickets every time.
they should captcha themselves lmao 🤣🤣
i’m having that issue with crypto com . zero human interaction, i’ve been waiting 5 weeks without any response of where my card is
fuck you david from coinbase support
i hope crypto.com can take an edge here… not confident on it though… i just accept they will all have shitty support
but you can call coinbase and speak to a support representative…
so did you lawyer up?
disgusting behaviour from a million dollar company honestly
i've been thinking about getting a wallet but the problem is that if i get a wallet then i cannot earn interest off my tokens.
i’ve had money mysteriously thisappear from my binance (us) account as well. customer support is never any help.
oh. fuck. that hurts my heart
yeap. plenty of complaining here and no actual proof of this even happening.
op added an edit to say they will post more info. let's see.
stop shilling coinbase! he added what was asked! coinbase is garbage!
don’t worry the mods “verified it”. probably all getting paid.
no, but reading this makes me want to transfer my funds.
yep, i had an issue back when they accidentally sent those 2fa method changed emails. contacted them that day, they got back to me the following day and let me know what happened and offered ways to ensure my account was safe. they then gave me . when anyone says "there's hundreds of other complaints on their forums", i immediately think about how many people i have encountered in tech support who do something extremely stupid because they cannot be bothered to read the fucking instructions, then they blame everyone else but themselves for the issue they caused. i'd be willing to bet a good 90% of the complaints that op is referring to are people who did exactly that, or were doing shady shit that got their accounts suspended. not accusing op of that specifically, just most of the other complaints they have read. coinbase may not be the best exchange, but when it comes to lost funds on an account that does a lot of trading, they are not going to leave you hanging on purpose. every trade you do makes them money, they know that it is better to shear a sheep than it is to skin it.
oh okay, great to hear. coinbase is awesome then. got it, thanks.
i haven’t either but i’m getting nervous
i use coinbase pro all the time. literally have never had an issue. instant feeless ach is hard to top.
no, i've never had issues and seeing these posts without any screenshots or proof always makes me giggle.
also no issue. except they alluded to eth2 liquidity being available in late 2021 and then just quietly never did it. i’m a little salty about that.
i haven’t either ever. feel like people are doing shady shit and violating tos and come here to make others afraid. missing a lot from this story
never had an issue with them
i have not had issues with coinbase. that being said, i like kraken better, but until they add the ability to do ach transfers i can only use it sparingly
nah, been using cb for 4 years and never had a problem. i am especially impressed how fast they pay out winnings. i've sold and took out money to my bank account several times last year and every time i had my money in my bank account 10 to 12 hours after i did the withdrawel from my cb account.
also never had an issue.
no, but this shit is unacceptable. it's not the first time i read this type of sorcery. i took everything from coinbase a couple months ago.
i’ve never had an issue, either.
never had an issue either. granted, i am new to the crypto world but it’s been very easy to use. i did look into kraken, but something stopped me from moving to that only. can’t remember what it was specifically though. i will have to look into it again.
no issues either - been using as an on and off ramp since 2018 without any failure or issues...
i’m the same way, but with binance.us. i still don’t know why people hate b.us, and at this point i’m too afraid to ask.
never had an issue. my favorite exchange beside cdc. its crazy how many issues others have though.
i havent had a problem once since late 2016. i also withdraw funds when they are past . fuck dat shit
i love it. these posts are just stupid with no proof. likely user error or confusion.
i've been using them from the beginning with zero issues.
no issues after using it for years. i remember when i transferred money to my bank account from coinbase a couple years ago i was so worried but it went through in the time frame they said.
i've had no problems with coinbase. probably because i've never used them.
i haven’t. but i don’t use it for eth. just earn and usdc for the card and then i send my xlm out
i’ve been a weekly user since march 2013 and have never experienced an issue.
same, they are limited, fees are high, but it just works, which is the primary reason i used them during my bout with crypto awhile back. can't speak much to their services now though.
no, i assume these stories are horse shit by a *checks op* kraken or binance employee.
even when it goes down during a huge pump?
**guys am i the only one? coinbase.com are a family run company who have always responded to me in under 15 minutes. i cant be the only one surely guys?? never ever whatsoever guys am the only one am i? i love coinbase.com. for all your bitcoin needs shop at coinbase.com am i the only one though?**
i have used it for 4 years now and this was my first issue … but yea fuck them
same. it’s only under , but whenever i try to move it, they say the gas fees are too high. wtf? every time? they really expect me to believe that shit. also, they won’t let me close my account. i hate them and my brother for recommending them. i was too noob to know better.
this is the new moon farming tek. out of 20 of these posts i've seen maybe one etherscan link.
i do not doubt he has a problem but i'm pretty sure they did not steal anything. they make billions in trading fees why would they try to steal a few eth.
at least they have a costumer support.
best customer service ever
i’m honestly surprised a large exchange is getting away like this
that's so scammy!! fuck coinbase.
do what op did and get on twitter, dm their support etc. make a public stink about it, seems to be the only way to get issues resolved! good luck
and he lost his eth at trading as well.
didn't say i was making profits 😂
you ignored the loss of few hundred dollars? dude i work day night night to earn few hundreds.
check your deposit address. every couple of days, they rotate addresses without notice. this means that people who whitelist addresses will send to an old address that has been reassigned to a different customer or coinbase itself.
cheer up man, your eth is included in their revenue for 2021 lol fck cb and cbp
i want to enter that league where a few hundred is small amount for me!
there should not ever be a second time though. doesn't matter if its one satoshi or one bitcoin, if any exchange steals your funds you should transfer everything off of it in small transactions to avoid losing a big amount to another "error" in the future.
kraken is by far the most likeable exchange out there
as soon as they support feeless ach
do they have an offramp now?
kraken is awesome, never had any issues except that the site crashes sometimes under heavy load (typically flash crashes). but thats ok since it restricts me from panicselling 😅. i think this has become better lately though
how to spot experienced crypto users? they buy on kraken.
op has verified it with the mods, check the mods sticky in this post.
agreed. show us the receipts.
hope he gets it back after 10 year. he will thank cb.
this is the reason i hate doing market orders, crap like this can and does happen...
they said to email the address in the pic in edit 3 on the main post
i've seen some... but coinbase really sticks out in terms of complains in this sub
i dont know about binance.us but i've used binance.com for ages and love it
binance getting much better last months.
all the comments seem like paid shills for the major exchanges lol "that’s why i use kraken!, amazing customer service!"
why is this being up voted? anti coinbase bots? you see we get no where with these comments.
how do you know it’s being downvoted? it’s at like 600
no proof. astroturfing. how come no other exchange gets daily posts like this? no other exchange has issues? this is as fake as can be.
i'm mostly using binance now as their fees are fantastic (0.075% per trade if you hold a bit of bnb) and they have a wider selection of markets and coins. i'm in the eu though and i know binance is more limited in the usa.
how long have you been with them, if you don’t mind me asking??
exactly the reason i used them. i did not know about kraken supporting instant sepa, i will be using them from now on, thanks!
you still can, and then instantly withdraw your rewards if you do not trust them. worst case scenario, you're only out the time it takes to do the quizzes.
how did they steal from you??
automod pinged them, one of them will show up eventually
post proof or i'll assume you're full of shit.
damn these greedy exchanges
why would coinbase confirm through email if he sent it to the wrong address?
binance support are op 😁
using since 2017 with 0 problems. yall just stupid i'm pretty sure.
yeah but they have actual humans working customer support.
i think customer support is still on their 4 week vacation lol
what number? they do not make it easy to talk to a human.
i was having an issue with my cb card not showing up in my app. read your comment, logged off and logged back in and now it’s working again! thanks for the tip!
p. s. don't forget to use the pro-version
"hello, police? this company based in a different continent took my internet money and would not give it back. plz halp" yes im sure that will go swimmingly.
we’re slowly going to run out of exchanges to buy shit on
mod verified - see the top comment
post proof of this happening. if there was any proof to these claims it would be in court and all over the news. know why? because blockchain tells all. i've yet to see any proof to any of these claims of big exchanges stealing crypto from users. all of these posts are just targeted attacks by competitors.
lol, he posted 0 proof how can you say that?
there's no leverage available on cbp outside the usa.
kraken by far is the best. i just hate wiring money.
i do not use their wallet.
as a new person to the sub, know that when claims like this are made, op should be proving screenshots of the transaction from etherscan and also correspondence with cb till then, this is just blow hard bs.
i don’t know what market you're in but for me in europe i can trade on binance for 0.075% fees per trade, no subscription there's also the loopring dex where if you're a maker you get 0 fees and 0.02% rebate per trade! they do not have some coins i trade yet though
lol i'm in the eu bro, no one is safe 😅
imho, if you look at the crypto subs, somehow, the worst scam-services have the most "supporters" trying to praise the exchange... almost as if those exchanges put more money into shills advertising them on reddit than they put into developing a proper product... rh and cb being the top 2 culprits here...
think of a 100 piece jigsaw puzzle. a couple of people build special computers and they are competing to solve the jigsaw with their computer. for each jigsaw piece you get in the right place, you get paid a bitcoin. you can only get this prize if the majority of contestants agree with your placement of a piece. the total prize pot is 100 btc. after a while they have finished the puzzle and each has earned a roughly even amount of bitcoin. next round you have to solve a 1000 piece jigsaw. it's much harder because there are more possible pieces and positions for each piece. so you need a more powerful computer. there will probably be more computers trying to solve it because the word has spread that there is a big prize on offer. the prize pot is still 100 btc so for each piece you get right, you only get 0.1 bitcoin. the competition is fierce. this is bitcoin mining. the safety of crypto is in the fact that your transaction history, where your money is stored, and who has the right to move it, is all encoded in the jigsaw puzzle. no one can go back and fraudulently alter the records, or withhold your money for dumb reasons, like banks do. the only way you can defraud the network of computers solving the puzzle is by building your own computer that is more powerful itself than the entire network (quantum computers are no good here), or hacking 51% of it simultaneously. these are both impossible.
i sent them on xmas day.
needless to say, me and anyone associated with me is now banned from coinbase lol edit: got my money back plus some tho, fuck coinbase
this isnt me being an ass,but this gives you power,think about it...if they dont know how to translate for payback you can set any price you want.
potentially yes. but i think the long term solution here is to take the greedy companies out of the equation entirely. ive slept on it and from now on i'm only going to use dexs.
they put those in place to keep the common man from making easy money the way they do. if everyone knew your secret. it wouldn’t be a good business idea. you would find something else to make money and tell no one about your ideas anymore. to keep them from getting in on your share of the money. basically to corner the market. same rules apply. the old elites keep investments in very costly areas to keep the poor out of it. it would be financially impossible for a poor person to get a part of that share. startup costs are too high and no one gonna loan you any money
i know! relatively speaking, not all that much, thankfully. the eth has devalued by about 30% since i originally sent it which is annoying. but i got it back at least.
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no it’s not it’s not even close to binance
never hàd such issue with binance. but i think there has be an explanation.
i've opened multiple tickets because each one has been closed without a response.
no, read the rest of the post, it is been resolved.
op that is bullshit, you sent the coins to coinbase to sell it immediately but now when you're credited coins it has already decreased in value. fucking bullshit, fuck these monopoly exchanges. we need more dexs
you need to upload the image to a 3rd party app like imgur and send them the link
glad this post got the needed traction to get your coins back dude. shitty that you lost on profits cause of the delay. naming and shaming definitely works in a lot of instances!
companies don’t care about you, they care about their reputation. that’s why tweeting about your problems works.
you just have to play their game. that's how corporations work.
do not suggest. then you can only deal with lawyers and their job is to cover their cost... aka you get fucked easier
saving money for the dip?
time to complain on your twitter account
get a bitpanda account
lithuania is part of eu and they regulations. transferwise also have office there for eu accounts.
if the company is not identifiable how does this help?
thats their game, they police reddit for damage control while they continue to ignore the masses. they think we dont know, their ceos a loser and one day are going to catch a class action
i use them but will be switching my accounts to someone else now.
sadly customer service is one place where a lot of these exchanges skimp their money on
oh, sweet summer child. do you want to hear about ? once they have your money, nothing else matters. first rule of acquisition.
my customer service on a refund i’m trying to get back is taking months for replies.
rc? is that you?
they're fixing it for themselves. coinbase's new forced user agreement demands you waive your right to sue them in court in front of a judge or jury and wave any right to a class action. you either click agree or you no longer have access to your account. i've only read 10 of the 44 pages and already it is a deal breaker.
i avoid cb. shady.
good to know pink culture, that’s where i think i’m headed next.
you must have grown up pre-internet like me. since the advent of the interweb customer service has been the customers domain and tech companies are the worst.not dealing with customers is now the backbone of successful businesses.
and yet, it’s always the lowest paid and least respected job at 99% of companies. people will tell you to your face “omg i could never do your job, idk how you do it” and then turn around and deny you a raise. they treat you like shit and make you feel like you should be grateful for the breadcrumbs you get to sit there and absorb abuse on the phone all day. turnover is really high because a.) that job is no one’s passion and b.) you see no reason to be loyal to a company that treats you like total trash. chances are you’re talking to someone who’s been there for a few months and is looking at linkedin while you’re talking to them. also, trying to get anything fixed, protocols changed or action taken to benefit the customer will result in you being labeled “a trouble maker.” if you ever cared at any point, you eventually stop because bosses always find ways to fire anyone who makes them actually do their job. i worked for a brand most of you probably have in your home and they once “forgot” to invite the cs team to a lavish surprise party for the ceo at a five-star hotel. i’m 1000% positive that it was because they wanted all the photos to be glamorous and the pleebs who couldn’t afford to look that fancy would just muck up their photos. they even left early right in front of us. four people walked out and never came back and two others quit when they heard, so half our team went out the door because they didn’t think we deserved to eat off the same appetizer tray that they did. our backlog got insane and people just lost their minds on us. i stopped giving a shit because the customers were right and i just started handing out refunds and free product like candy. i saved us a lot of customers and was rewarded by getting written up for “abusing my privileges.” so as a former cx agent, this is a friendly psa that we know when our company. we just need the money and health insurance and our bosses actively make it harder for us to help you. some agents legit suck, but just go easy on them. (sorry for the rant. this thread just kicked up some ptsd lol)
it is. check kraken
it is but customer support service is hell for who work there (i worked there)
closing all the tickets is their version of customer service. completely ridiculous.
money is the backbone of a successful business.
it certainly is the backbone. but just because it has a shitty backbone, does not mean that it cant stand without a little help. unfortunately and fortunately, we, as consumers and clients, are whats holding up this weak backbone in place. so what can we do? tell your friends about these shitty companies and stop supporting them, over time, effects stack up and we can effectively remove these from existence.
they should use some of that money to double their customer service and hire a 2nd person to help cheryl.
ever thought about google - they practically have no support (except for some very limited things, which often also has automated responses).
>i feel like i grew up being taught customer service is essentially the backbone of a successful business. apparently not it used to be, but it is not anymore. at best your "support" is some guy in some indian callcenter following a script on how to respond, probably does not even know what company he is supposed to represent. heck, customer support is only relevant *after you've become a customer* and at that point they (company) already got your money. they rather spend money on *advertising, influencers, promotion* to bring in *new customers* then pay to keep old ones. after all, it is an annoyance to move everything hence most will stay loyal even if the support sucks.
why bother when it hurts their bottom line and everyone investing is in search of no rules investing? lol
probably recharging his bank account
thats a really tough day, so he deserves it i guess...
😂😂 it appears we are stuck in a feedback vindaloop sir.
fucking sucks ngl, especially as it happened during the holidays!
that's one of the reasons that made me migrate to kraken
just an fyi, bbb is not a government agency and basically the equivalent of yelp for boomers.
i've heard good things about their support yeah 👌
it's a nightmare yeah. if you have a genuine issue, make a post and maybe someone will be able to help you :)
yeah i agree fuck david
does anybody want to tell him that both companies will likely end up hiring the exact same temp service company work in both complaint systems simultaneously?
it's not instant but any time i've had to reach out to cdc for assistance it is been fairly good. need to fix their buggy as shit app however.
just to be clear, coinbase is currently valued a little over 46 billion
yeah, is not it interesting there is all this evidence but none of it was posted, there is no twitter thread with all the receipts, he has all this proof but cannot get anyone to pay attention, he has not called (cb has us phone support lines) or anything else? i mean there is literally no proof of anything posted anywhere.
probably crypto.com employees told to make these posts in order to undermine coinbase haha.
come over to kraken! the waters are great over here.
i heard about someone who had a bad experience with apple support… therefore i will be selling my iphone to go to android asap!
no proof posted, just an anecdotal story. then an op comment in this same thread praising binance (with no further info) doesn't take much to wipe the fud into your eyes eh? both cb and binance are humongous, i'm not picking a side here, but instead i'm saying you're changing your internal decision making based on entirely unconfirmed text a random user wrote posted. guess it is a safe bet to let you know now the nigerian prince you've been corresponding with might not be legit.
someday can happen to us all!
your funds should not be on coinbase regardless
the only issue i've had is with their customer support -- i do not believe that human customer service actually exists. they put you in a loop of bot emails that takes weeks, then out of the blue you'll get an email saying your ticket has been closed before your issue has even been addressed.
you will stop giggling when you have the problem and try to work it out with cb support.
because the difficulty bomb was pushed back and so was the merger. not their fault. nothing to explain really.
> except they alluded to eth2 liquidity being available in late 2021 maybe someone else can correct me here, but cb does not decide when eth2 becomes liquid. it's a milestone the network has not hit... thus obviously cb cannot support it yet...
i'm salty that the staking percentage dropped from 5 to 4.5.
never done anything shady with coinbase. but i had a ton of difficulty with their support with transfers . it’s fuckin terrible. had to wait months to get a payment transferred to my acct one time
yeah and look how many people are recommending kraken as an alternative.
yeah i have been with them since 2017...no issues at all...linked up to my bank...my funds are good whenever i want them
my account is not suspended etc., i am still able to transact with existing funds and deposit fiat. i tested this yesterday.
pretty bad minimum withdrawals and withdrawal fees
account name makes post
yeah they just told me it was a known issue with no fixes. like thanks? i guess.
it's not necessarily that they are stealing eth. it's that they have a system that is incompetent and when people have issues, they are not being handled properly.
could be a rogue employee??
just read it. they say they can turn off your access from funds at any time, you have no recourse. they don’t say “we can steal your money”, obviously. you can thank things like the patriot act for that.
just give their eula a read
most don’t. that’s why it’s not usually a good idea.
love kraken, but their interface not good as binance...
i really like kucoin as an alternative
in what currency? i can easily emt cash to and from (canada). i can also deposit to kraken at any post office or wire money in’ve done several times for larger amounts. it’s us based so i assume similar or better is available in usa.
good question! also, does ftx have an off-ramp?
have they changed how ach deposits work? because that was the only thing that stopped me from using them 100% of the time, i was using either binance.us or cbp buying algo and then transferring to kraken, swapping back to usdc. at the very least their withdrawal process is decent but if you like to take a % of your paycheck and dca crypto with it kraken was the worst because it had to be a wire transfer, but if they changed that then i would be more interested to moving there full time
or they buy literally anywhere except coinbase. coinbase is like the entry point where you get robbed for being the new guy on the block. then eventually you move out to a better neighborhood like crypto.com or uphold
i love kraken and coinbase, how do i get paid to say this.
i have not since this happened, maybe 2017 or 2018? except it was not eth, it was bitcoin.
i am desperate to get some kraken , but their support staff are *so damn professional*.
not all. many are just by idiots who fucked up and want their money back.
even still, anyone who calls themselves a trader would hit 100k in volume with just spot. i was just using the leverage to exemplify it.
check to see if your country is allowed for eth. coinbase will let you hold it in the account but will just thisable showing it if it’s staked eth in ny for example.
ah ok...then yeh that is shit sorry...i've personally never had issues with them, so hopefully it is just a bad experience this time...of course that is just trying to be positive though . but a company that big would surely sort it out sometime. maybe not as quick as they should of course
true, did not think of that. thank you :)
lucky you lol, being stuck with binance us sucks.
how long do they hold deposits for? been looking to get away from coinbase after they held my deposit for 3 weeks before i could move it.
good luck with that. greed is part of human nature. the rich will always want to get richer and stomp on everybody else without a second thought.
>common man from making easy money you mean scamming right?
well i’m glad you got it back either way! and you’ve uncovered some dark secrets by the looks of things, or at least some very shitty tech support, so fair play to you. let’s stick to binance!
exactly, we gotta use dex’s more. nowadays, i just use cex to deposit.
i had a problem with a betting firm not releasing my funds (due to a bullshit check). one tweet and released in 8 hours (there is still a bit of bureaucracy to get through)
it’s more of a lottery i would guess. i highly doubt the majority of customers issues get fixed by complaining on social media, just a few select cases that seem extra heinous.
it's really shitty when you do not have a twitter or social media and try to get customer service to do anything. eventually i've gotten things done.
kraken cares about you.
i believe coinbase's new game plan is to care about you if you pay a *monthly fee* for customer support. until then, do not expect any human response with cb.
social media is our best weapon against institutional giants, whenever they get exposed doing something it will help others to decide if is it’s worth the risk using their service. thank you for sharing with us.✌️
the only time my wife ever did that was when ups really and truly screwed up put package and lost it. we tried through normal channels but, my wife was pissed and i am not kidding 30 minutes after posting a nasty tweet they dm'd her asking for the tracking info and it arrived that night lol. the people on the phone or through email were of no help
i should have did that with binance. took them 3 weeks to responded to my support email... when they did i told them i found another exchange and will no longer need to use them
threaten that bottom line!
not true, most companies want to settle to avoid a more expensive lawsuit that they might lose. the lawyers are just managing risks.
just a matter of managing finances, really. if he did the laundry, he wouldn’t have enough money for the ramen. need to split it 50.
yeah i have a rev as well. and that works grand. for whatever reason their system was reading the transactions as lita.
not kraken thankfully, they’ve got the best customer service team i’ve come across.
the biggest problem at big customer service centers is keeping your employees. call agents who receive unsatisfied customers call after call wont stay that long. it's a bunch of people in training mode left on their own. you can add a 100 people more. they still leave after several months in such environments and the problem never gets solved. fix your application and create some stability.
that's why my friends constantly recommend kraken. i do not use them since i'm happy w my exchange but coinbase needs to get their shit right
while this is probably true, one way to fix this would be to pay your employees more money or make the work environment better. there are ways to retain employees and keep them happy. and with cbs budget i find it very very hard to believe this couldn’t be a reality. i get taking negative call after call has got to be down right depressing, but i can think of a hell of a lot of jobs i’d want to do less than sit on the phone all day and deal with shit problems. regardless, fix the platform and create fair equal stability for all whether you are a whale or a minnow.
good service pays tbh
>sadly customer service is one place where a lot of these exchanges skimp their money on \^ i'm looking at you binance us
only kraken is ok.
ya that’s what i’ve been reading about. i guess with not so much regulation, they can continue to skimp on it and just get away with absolutely bullshit.
somewhat related funny story, the biggest exchange in australia, btcmarkets, sent a regular email out to customers that listed every single customers email address in the 'to' line. not really something you want from a company based on digital transactions.
i mean every corporation is like that to be fair.
file a claim with your bank. if you also file with the sec (since they are a publicly traded company) they will have to reply to you within 5 days in an email with the sec cc'd on it.
ya i’ve been using cb for about a year now. the only problems i’ve had is sometimes i get the error message - “you have insufficient funds to make this purchase” but it’s only ever during the bottom of a dip... clearly market manipulation on cbs part because i always have enough funds in my bank to cover what i’m about to buy. i think it’s time to look at kraken or gemini for me.
dude coinbase has been around forever your excuse for them is bs. they had shit customer service in 2015 when i got my first bitcoins and honestly it’s no better if not worse now. there is absolutely no reason why they can’t pay the money to have better costumer service. they just refuse to spend the money. has nothing to do with it being hard to accomplish imo. fuck coinbase they shut my account off years ago and i emailed their “customer service” literally for years and they never got back to me with anything other then an automated message saying they were “working on the issue” i’ve had issues with kraken or gemini on the other hand and it was no big deal. it was like they magically were able to create a customer service that was helpful and actually answered me. not that fuckin hard and definitely not related to growth and teaching. come on that’s just ridiculous. coinbase can suck my ass
perhabs he is in this sub farming moons. that’s why he is so busy
r. antiwork sub is anarchist, while r. there's a difference.
such a great episode.
shit even the vindaloop was more helpful, albeit cryptic lol
such a tragedy. we should not let such large exchanges get away w it. here's hoping your issue gets sorted
you are right there. proper slow and unhelpful
yes the more help i can get the better next will be the sec idont like doing the sec because of the bad rap crypto gets.
all my homies hates david, the bot
lol i can see that as a south park scene
purely anecdotal but i get really fast human responses from the crypto.com customer support whenever i have a question.
it does not matter which company they outsource their customer support to, what matters is what they ask them to do. if you contract a support company and ask them for the cheapest package they have, they will just let bots handle support. if you contract that same support company but tell them you want humans available on the phone 24% of calls, that will cost you a fortune but you'll get it. so just because two different companies subcontract their support to the same company does not mean both will be shit.
i prefer to use celsius when making interest.
mods have already verified the post and seen all the evidence - its literally in the top comment
i would, but seems like they [don’t support ach transfers]( for funding usd, and wiring from my bank costs like :(
their app is just not as simple and fluid as cb. i use both, and now that i think about it most of my portfolio is on kraken, but absolutely prefer to use cbs app.
i have never used kraken, yet. but i will check it out for sure!
did not kraken have a huge scandal years ago or was it a breach or am i thinking of another exchange?
they also don’t give p. like why can’t i see how much i’m in the red lol
they need more liquidity. better than a few years ago though.
was waiting for someone to make an alternative recommendation... any key reasons why?
>guess it is a safe bet to let you know now the nigerian prince you've been corresponding with might not be legit. damn, so no 10x in 2 days?
not all my eggs are in the same basket, most of it is "safe".
good luck finding anything as good as their card. until i see something else with 4% cash back on everything or have any issues i’m absolutely staying for that.
this is a valid complaint. i’m hoping it improves since they are now a publicly traded company
they have stated they’ll allow trading of staked eth2 on their platform at some point, but never specified when that will be afaik
it was 6 when i started staking, rip
can you upload any screenshots of emails? link to transaction on etherscan? anything?
**i made my post bold btw was i the only one?**
employee does not have access to pull any fund even if they want to. only a few people with access to pull fund but that access is only available when moving from an old account to a new.
"just read it" you're the one jumping up and down stating this detail where we want to hear it from your own perspective.
what does it say?
it's still a way better service. i use kraken to fuel my nano addiction and they are even active on the nano thiscord. you can literally kraken support on thiscord chat and they will respond. binance and coinbase support is garbage in comparison.
they have electronic funds transfers now in addition to wire transfers.
i was agreeing with you until you said uphold. lmao.
again, not everyone has tons of money to throw around. plenty of people trade with small amounts. i know a few very good traders that do not bet more than 1k per trade. i personally did go over 0.5m for a few months. hence my saying they played themselves.
i mentioned in my post that i've deposited multiple times using the same addresses. eth is 100% enabled in my country.
i totally agree. that's the beauty of an open source dex. it's all audited by everyone for any 'backdoors' etc and then once launched its all automated and there is no human element. has to be the way forward.
on baconreader app you can upload photos to any comment or post.
lol stupid. before social media, consumers had very little power to complain.
tweeting wendy's on the shitter
hold on to your dapps
such a waste of fucking time
not my experience. also with usd hyperinflating currently every day they push the cost down the road the less relevant it becomes. every exchange is incentivized to rob you currently because damages are recorded at the time of incident.
we(lithuanians) have eur our since 2015.01.01 . there is no way you can exchange eur into litas in lithuania
how to use dex to buy coins with fiat ?
that's been a problem for months. yet, they do not improve their service at all.
they do but now they’ve added a minimum fee to transfer out. 🤷‍♀️
i think it’s more of being a front line soldier for the companies unpopular policies. and then some companies have the nerve to come down on the agent for not making the customer happy, all while holding you to the policy that doesn’t make the customer happy. this coming from a person who did 10years in call centers, the best company i worked for was apple, the worse was at&t.
can confirm, been using it for the past 3 months. the contrast between the customer support on it and coinbase is startling.
the only thing you can do to hurt them is spreading the message like this post and stop using them.
i was part of a team that had an nft drop on cdc, the customer support on twitter seems active which is good, but i do have to say that a lot of members had issues with cdc
the mod top comment verifying was an hour before your post and the comment you replied to was an hour before that. a bit unfair to call them out for that.
why do we have so many stupid restrictions in this state? i just wanna get some crypto and play online poker. is that too much to ask???
i do not recall kraken ever having a security issue, but i'd love to be aware if it is true
not a security issue, but there was a flash crash in which lots of users lost their funds. i'm not sure if they ever got their money back but last i heard they were offering some people mush less than what they had lost. more info found here r
he is spreading fud the nigerian prince is real people are not allowed to simply claim royalty.
smart. also, the big name exchanges are safe enough to store crypto for someone who may not have tens of thousands of dollars in crypto. i would probably forget my seed phrase for a ledger before i get hacked on cb or cdc.
that's why i have it right now. though i've been debating switching to voyager. i have also had issues with cb support and it was very frustrating.
troll accounts work better without the caps. a good troll tricks you into wasting time. wait! dammit. fell for it.
oww. makes sense. but as with all programming there is always ways around with hacks like backdoors to access stuff they ain’t suppose to
just can’t trust anyone. even police, politicians and governments around the world are corrupt
lol did you just say stealing is against the constitution?
stealing is not against the constitution except when done by the government (and not through means like eminent domain). in that case it is a deprivation of property in violation of the due process clause. companies cannot steal from you due to fraud and unjust enrichment statutes.
you don’t sign it, you just accept it. it’s also in the kraken agreement. they can thisable your access or your withdrawal at any time, and they can deny paying you any earned interest. it’s not against the constitution, lol. you might want to brush up on that and basic legal constructs when you take a peek at that eula from coinbase you just clicked through.
i told you the perspective. what. you want me to copy and paste it here so your lazy ass doesn’t have to do a google search? gtfo
u sucka, if you use our service we can rip you off anytime we want to and you cannot do anything about it. more or less
kraken is my go to for nano
lmao this man actually said uphold 😂😂😂😂😂😂
what’s wrong with uphold cause i haven’t had a single issue
do a search for it on this sub. i’m sure there’s many rants about it that will tell you why.
ah gotcha, well, good luck retrieving your funds eventually!!
complain with your money. spend it elsewhere.
and about 1000 more choices for any product
obviously, you've never worked the call center. lul
that’s not totally correct - just required different tactics such as; tracking down ancillary business associates phone numbers and thiscussing your issues with them and their coworkers regularly at inconvenient times. ensure as many related businesses as possible have to answer for the one company’s bullshit and make it feel like a crappy chore. calls should be directed at senior management and middle management. or you could you could read an abbie hoffman (how-to) book…
fuck are you talkin about. perhaps megacorps, but thats still true. the court of public opinion has always been an extremely heavy object of consideration for any business that deals with end users. a wronged customer loves to talk shit. and bad word travels fast.
so what? im looking at it from my perspective, but it seemed more they find it interesting we need twitter to provide that. it was not about what we had (or did not have) before the internet.
that's just not true at all. before social media and the internet if you called a company up and complained and threatened to bitch about them to your friends, they would generally bend over backwards to help you. if it was a good complaint, you could threaten to go to the local newspaper but you wouldn't normally need to because the complaints procedure was much more customer orientated. the trouble with social media and the internet is no matter what a company does there will always be black hearted karens who will give 1 star even if the company did their absolute best. it devalues the 1 star review so that if you have a genuine complaint it just gets lost in the sea of wailing voices from those you will never make happy. complaining nowadays feels pointless, you're just pissing into the wind. big companies realise this and so are generally far less concerned with actually being decent to their customers any more, as they realise that they cannot please everybody, and even if they please nobody, there will always be whiners to give 1 star and always be more chumps(customers) to rip off. additionally, social media now means people are more anonymous and easily ignored when they complain. before this, you'd have to phone up, which meant they had a lot more trouble ignoring you, and you could appeal to their human nature and often get to a resolution. since the media and the internet i have found that companies give far less shits nowadays and its actually more difficult to get issues resolved. so yeah, having been alive before the internet and social, consumer protection processes seemed to actually hold weight and work, unlike today, where you have to attempt to publicly shame practically every company you deal with just to get treated fairly.
99% sure that is how they are tweeting back
proportionality matters. inflation is still peanuts compared to crypto volitility. stupid argument.
the us has only experienced hyperinflation during the revolutionary and civil war periods, when it reached between 40-50% monthly. today the us is nowhere near that. i get your point, but the hyperbole there dings your credibility tbh.
[hyperinflation means a growth rate of 50% or more monthly]( [the us is half way in the list of countries per inflation]( not the worst, not the best and definitely far from hyperinflation.
what’s the minimum fee?
good to get an opinion straight from someone that knows much about this.
comcast i would rather go to the trenches at verdun.
so why did you liked working at apple?
bingo. i just said the same thing to a comment above yours. they give you hardly any tools to keep them happy and expect you to work miracles with “creative problem solving” or some shit. all while grossly underpaying you. here’s a my fun quitting story to cleanse the palate: at the very last cx job i will ever have, one supervisor actively hated me because they had this monthly “customer pain point” meeting and how rude of me to actually bring some. it solely existed so the ceo would think she actually did anything other than online shop and write people up. they always asked for data to back it up, knowing we didn’t even have the time or know how to make a report like that. well, one day, i knew the ceo was sitting in on it and he wanted us all to bring one thing, which of course, she made us send to her first. i sent mine and she said nothing. that day, i actually brought the fucking numbers about how we could eliminate almost 30% of our daily tickets and cut back on negative social comments if we literally just made one button easier to find on our site. he loved the idea and she wasn’t in trouble, though he was mildly annoyed this wasn’t brought to his attention sooner. nothing major. she asked me to stay behind in front of everyone. once they left, she was practically screaming that if this caused her any problems, i would have “hell to pay.” she also threatened that if i ever had “one more outburst like that,” she would put me on weekends and nights so i couldn’t do my shows. like, genuinely wanted to ruin my dreams because i tried to make our customers happier. i cried before work for days after that. tech team fixed it in about a week and it worked like i said it would. the ceo announced this at a company meeting and she was given a big ass round of applause by the entire company as she stood there and waived like miss fucking america. then she gave a speech about the importance of evolving with our customers to meet their needs and something about empathy. i don’t fucking know because i blacked out with rage at that point. they clapped for the tech team too, but made zero mention of our team. and she was a straight up surprised pikachu when i found a new job and quit a few weeks later. this woman actually said “i really thought you understood we’re like a family” and that she needed me (i was one of like three people who lasted a year). i just replied that i come from a family of raging alcoholics, so i am a pro at cutting them out. i’m not an evil person, but it was honestly one of the most satisfying moments of my life when i watched her cry as she realized she’d actually have to do the parts of her job she made me do.
dexs for the win
because i touch myself at night
thank you! that's what i was thinking about and it is super scummy that it happened like that and i remember the whole crypto community hated them for that and it was non stop but now it is like everyone forgot about it, probably due to huge influx on new people to the crypto space. do you know what have they done since to mitigate from happening again or it is just a trust in the market to not liquidate them.
you're right. i'm sure they can be hacked. i also notice scammers are also mass-calling people pretending to be coinbase and. some people would fall for that at one point. that's why i do not leave my bank account linked with coinbase.
they did. shows how much they know.
and it got upvotes. oh man.
they aren’t stealing, they are indefinitely preventing access. it’s still in your name. loophole ftw. this is just the beginning of crypto shenanigans. wait until the scamming evolves unfettered. i left the ecosystem awhile ago for this reason. the good thing is all the scammers and financial criminals have slowed or stopped targeting usd.
that’s not at all the same as what happened to op though.
off ramping or transferring can be a long wait game.
they care more about twitter than losing a customer.
social media is the best way to learn about shady business practices by specific companies. this post is a perfect encapsulation of that.
i mean, you can (i definitely do), but that’s the kind of protest companies are ignoring. they aren’t scared of the individual, they’re scared of the masses. they don’t want to go viral in a negative way.
luuuul, i’ve worked customer service in conjunction with our call centers. we did absolutely dick for the customers most of the time. all we did was waste their time, and presumably money, for them to find out they were fucked. sometimes issues did get resolved, but the customer had to invest a lot of time.
yeah, cs is not a 'revenue generating' activity for a business, unless you are outsourcing said service. so until karen gets hooked on the h-train (hopium). good luck with the customer service improvement. karen: not the hero crypto deserves... but the one it needs right now. source: "hello my name is \_\_\_\_\_. thank you for choosing \_\_\_\_\_. how is your day going?" ... "oh, i'm sorry to hear that. let's take a look at what we can do to resolve this issue. how's the weather over there? you getting any snow?"
i'd wager a guess is because apple has pretty good return & replacement policies. it's like they said, it is the bad company policies that make customers unhappy. if you have good policies = happy customers = easier job.
are there good dex with fiat on ramps?
yeah i’ve been getting loads of coinbase emails. look so damn legit too. good point actually. going to remove my account details as a precaution until i need to buy again
it gives them the legal imperative to do exactly what happened to op.
stealing is against the law. it is **not** against the constitution lol
if you have a safety deposit box at a bank and you open it and everything is gone the bank is not responsible.
interesting i have never had that problem but i don’t withdraw fiat from uphold anyway so maybe that’s why. as far as crypto i’m always able to buy and immediately transfer to my wallet on uphold
that's true - because one customer's money does not matter, but twitter can reach a very large number of current and potential future ones - and that money matters.
it's not about them. its about you.
if you purchased a game and got banned and lost access to the game is that stealing? if purchased a home in an hoa and you violate a bunch of stuff and they repossess your home(this has happened in real life cause of the hoas contract) is that stealing? i would say yes but the law says no. coinbase is not a bank and your digital coins there are not currency. the best recourse is civil suit but you’d probably lose there too.
not sure why your downvoted but your right. crypto is not technically currency. no one is taking your cash. it’s the same thing as violating a games eula and they ban your account. you would lose access to the game you purchased and all micro transaction content you purchased. under the eyes of the law this is the same thing. i wouldn’t surprised to find out that coinbase service is just licensing access to the wallet and they have zero responsibility for the contents. this is how safety deposit boxes work. it’s not a bank.
yeah i think the main problem with uphold is if you want to transfer out from them it gets super hard. if you stay in uphold its totally fine.
yup, even reddit for that matter. i know i'm moving my money off of cbp after reading through this thread.
i mean there are other examples but it’s not false. your eula is to have a digital wallet at coinbase. coinbase is not even a bank. they have no responsibility to the contents of your wallet. have you ever paid for parking and seen all the signs saying we aren’t responsible for theft and damage, even if it’s there own employees mind you. this is essentially the same thing. there’s examples of this everywhere it’s just mostly that your dealing with small material items, which is technically what crypto coins are right now.
i highly recommend kraken if customer service is important to you.
lmao i was literally going to respond with that but i thought it was too meme
12billion in overdraft fees?! taking money from people that don’t have it, isn’t that inspiring.
washington's problem with crypto is that crypto does not donate pac money. and the people that do donate pac money want crypto to go away, because it cannot be controlled
overdraft fees should be illegal.
'yeah, fuck those damn fees!' *ethereum shifts around nervously*
also, use your deposit for trading. at the end of the day, they will ask for bailout from govt.
credit union users be like: 😎
senator warren has consistently gone after banks multiple times
[may 26th, 2021: elizabeth warren spars with jpmorgan chase head jamie dimon on overdraft fees]( [warren calls for overdraft fee crackdown after blasting dimon]( op is also whataboutism.
has novogratz been living under a rock or doing this to try and get some clout? warren is like the one senator who wants to go after banks and hold them accountable. here’s something from may 2021 regarding overdraft fees: *”so let me ask the ceos of the four banks-citibank, bank of america, chase, and wells fargo-the four banks that collectively manage tens of millions of checking accounts for customers: while you automatically and at no cost got complete protection from overdraft fees at the federal reserve, could you please raise your hand if you gave the same automatic protection to your customers and automatically waived all their overdraft fees?”* *no response* *”okay. i'm not seeing anyone raise a hand, and that is because none of you gave the same help to your customers that the bank regulators extended to you-help that the bank regulators recommended that you give.”*
i mean yeah. people are getting ripped off by banks and crypto.
say what you want about warren for crypto, this is a dumbass statement by mike. warren is one of the loudest when it comes to condemning the big banks and their nickel and dime'ing. just stop.
now lets add up all the crypto fees. hell i lost 15 dollars in gas fees yesterday approving a trade just to find out the token i was trying to buy was swooped up by bots before i could even get started. overdraft fees are definitely worse and prey on the poor though. at least with crypto you arent charged extra for not having money.
f'ck fess it is too much!
because crypto promises a future utopia
its a very long way away, but having a financial system thats automated and fair and does not have to be bailed out is a beautiful dream
does nobody here use ally bank? they have zero overdraft fees as long as you fund your account within 10 days after the overdraft
this seems like whataboutism to me: regardless of warren's stance on crypto, she is also one of the biggest critics of banks and credit card companies and has spent most of her career creating policies to address their abuses. i also think it is still a longshot to demonstrate that crypto will have a progressive impact on global finances, given how prone to manipulation and scams it still is. unregulated markets tend to favor the rich and powerful, not the other way around.
i thislike warren as much as the next guy but she seems to go after everything.
to be fair, she went after them on those too. she kicked jamie dimon's teeth in on this like seven weeks ago:
and they all got a bailout in 2008 on our expense. ew only wants power on our expense. sad
well senator, now we know who is paying for your second house.
governments scared when the people gain financial liberation? shocking.
i wonder how much eth alone has charged in fees this year.
umm... and they make money off of your money by lending it out. fractal reserve banking is a scam.
hoping she wears out her welcome and the voters in massachusetts wise up.
seriously. tell her to take a long walk off of a short pier
i think we all know who her lobbyist is.
no lie, when i was in college i had a bank of america (they’re theee worrsstttt) college, express account. the college aspect meant i needed no minimum balance, but there was a 5. the express part meant i was only allowed to physically go inside the bank twice a month. every other transaction was to be done via atm. this was early 2000’s, i was young and ignorant and thought this was normal. obviously i also didn’t read all the stipulations. anyway, one month i guess i’d gone into the bank thrice and i only had like 20. i was going to order a pizza and my card got declined. checked my balance and it was -60$!! they had charged me a 25, the 5, and not one, but two overdraft charges of 25$. one for each fee. i was mind blown. at the time that was a lot of money for me, so i went to the bank to give them a piece of my mind. they explained the fees, and promptly charged me 25. i hate boa! tldr: bank of america charged me fees for going physically inside the bank more than twice in a month and charged me overdraft fees for their fees.
banks should be paying us interest to use our money…. do you think banks will try to ban all etransfers to crypto? or maybe they will come up with a rediculous fee ?
perhaps the biggest problem with crypto is the lack of something akin to fdic or sipc. that is my biggest concern when i divest fiat in favor of cryptocurrency. if we revisit the 1929 crash, many who own crypto (especially seniors like myself) will suffer irreparable damage. the time for warren and her colleagues to act is now to provide federal cryptocurrency insurance. then warren would be talking loud and saying something!
12 billion in over draft fees in a pandemic where they chose to shut the country down and told people they couldnt work
so she wants to protect the average investor… from what? each other? that’s called “trading”. scammers? pretty sure that’s already illegal. the us considers crypto property, and defrauding you of your property is still fraud afaik. central exchanges that hold your private key? well whose fault is that? you gave it to them. those are the only things i can think of that she could regulate and they all can be avoided if you dyr.
because banks pay a fortune to stay relevant is my guess... 'here take this money and go after crypto so we can keep rorting the poor'... just a guess
i hate elizabeth warren.
no regulation on crypto is not a good thing. a lot of scammers and con men in the crypto scene. shitcoins constantly hyped by pump and dump scammers.
it's because she does not understand it. what would be amazing is if we, this community, could arrange a strong and eloquently spoken representative to help here understand cryptocurrency. it aligns so well with everything she stands for.
warren is bought and paid for
that’s how the rich earn their money and they don’t want crypto to take it away from them. crypto is here to stay
i can’t upvote this hard enough. i worked at a retail branch of bank of america going through college, the deception and preying on vulnerable customers was insane. it was their culture. no, karen, this broke college student doesn’t need a fee bearing 3rd checking account or a high yield savings account for his near zero balance. oh and the overdraft scams don’t get me started. you sell a service to charge you a fee to automatically transfer your own money from a different account of yours to cover an overdraft? and because that fee is less than overdraft fee it’s a “service”…. fuck off
crypto doesn’t pay him
i bet there is shady shit going on with crypto that the banks and institutions are doing, but they really need to be fucked for all the overdraft bullshit that happened in 2020
because she is owned by wall street, like all politicians
imagine being a billionaire… shits prolly crazy.
i bet warren has invested interests in banks.
at the level she works at, she reads a 1 page brief, of anything that she is going to be "knowledgeable" about. the brief is written by somebody that skimmed a fuck ton of data. likely this is also geared to be biases depending on where her support money comes from.
plus the states made anyone who did not have direct deposit had the only other option of using a debit card from a bank that charges insane overdraft fees. biggest scam in history with ui. basically taking money from the people who needed it the most with predatory lending.
americans have paid far more in bank fees in the past decade than they’ve collected in interest. between 2011 and 2020, consumers paid .1 billion in bank fees while collecting . that represents a deficit of .1 billion, or .40 per account. ([source](
warren is a fucking corporate puppet, cmv. always protects the interest of the banks.
pocahontas talking bullshit as usual
elizabeth warren is a 🤡.
shots are fired… yeah mike . fuck he r up
don't think americans realise that atm fees are not a thing elsewhere...
warren needs to drop dead
tl;dr: mike novogratz is one of the most high-profile bitcoin and crypto investors. billionaire investor mike novogratz has criticized senator elizabeth warren's anti-crypto stance, saying decentralized finance, or defi, can be a progressive force that is more transparent for consumers than banks. novogratz tweeted to warren on tuesday night: "you really do not seem so progressive to me." the famed crypto investor said: "banks charged , a fortune in atm fees, a fortune in checking account fees. but you keep going after crypto where saving and money transfer is a fraction of banks." "he added:"if banks had the transparency of defi protocols, we would not have had the mortgage crisis. defi is a catch-all term for financial products built using blockchain technology that do not require a central authority, such as interest-bearing accounts and exchanges that do not need banks, or clearing houses. warren included defi on her list of "growing threats" that crypto poses to consumers.
if your best defense of not regulating and taxing crypto is that banks charge atm fees maybe you aren’t a person that deserves listening to
what a great point! there was one year a got absolutely raped by boa when i was down on my luck.
i've read stuff she is actually said, and not the rephrased out of context shit that maxi propaganda says. her opposition appears to be against the big banks and financial institutions *using* crypto to fuck us all over again. she seems pretty ok with the people using crypto as a tool against the incumbent banking majors. i also do not see anything wrong with criticising crypto about real issues it has. i do not want to support terror outfits and dictators, or screw the environment. these are things crypto affects and the community has try to figure out ways around these instead of sweeping it under the rug.
preach, we haven’t even touched on the billions the big banks launder for cartels and international criminals. but banks have lobbyists and make campaign contributions 💥🤮this world is shit
i’m starting to think mrs warren is on the banks’ payroll.
people should ask why is she saying what she says, not look at what she says. someone is paying her and it is not crypto. so who remains? always look beyond the words of politicians and you might find out the truth. politician would not tell it until forced.
i wonder how many of those overdraft fees are even legitimate. her beloved consumer protection bureau does nothing when you submit a complaint.
that bitcoin is money and equivalent to the dollar is an opinion not shared by the old people running the establishment, so their objection still stands within the context of the thiscussion. you cannot just say 'hur-dur bitcoin = money, so if bitcoin is a scam so is money.'
just curious can someone explain how bitcoin has value or justify it’s value
tbf she is tried going after banks but her colleagues are in their pockets
because crypto does not pay her and her friends. banks do.
tbh her and bernie sanders are both pretty outspoken on overdraft fees.
serious question: who elects these people?
ahh yes. overdraft fees. i certainly wanted to pay an extra . nothing would make me happier. oh the convenience. lemme just work another hour so i can experience that thrill again.
warren works for the banks, if ya'll could not tell
i've never been a democrat and supported yang during his democratic nominee run. never really had beef against warren...until now.
these specific problems are from my perspective a us problem. not all jurisdictions allow for such shameless extortion.
sen. warren is deeper in with the banks and traditional financial firms than any of her supporters realize. she is there to protect you... protect you from becoming financially independent.
i've lost so much respect for elizabeth warren what a fucking crook
the hypocrisy is real.
will save you a minute: billionaire investor mike novogratz attacked elizabeth warren for calling for tough crypto regulation. he said defi is more transparent than banks and can deliver many benefits to consumers. novogratz said to warren: "you really do not seem so progressive to me."
of course they will go after crypto, they cannot control that. banks and institutions can control our money and governments can control banks. they would not bite the hand that feeds them. instead they will go after that which could feed us.
as much as these boomer politicians need to bite the dust already, this was a bad example to make. warren was one of the few that went after the overdraft fees by confronting the banks during the one of the hearings, which is still more than i can say about others. but yeah, fuck these bureaucrat dinosaurs with their opinions on crypto policy. they can barely close tabs.
as a politician her job is to be a worthless, ineffectual and propagandizing piece of garbage. just ignore her and all other congressmen. another day, another uninformed comment from an elite that will do nothing to stop the bulldozing trajectory of crypto world.
warren … more like karen
she goes after crypto because she’s owned by wall street. fuck her and fuck the washington useless idiots
elizabeth warren is just salty that she didn’t invest in bitcoin
warren is out of touch with reality.
anybody else plain ol tired of corrupt and?
her whole career is a populist lie. she started by stealing resources from indigenous people and then perpetuated the lie until she couldn’t. never really apologized or made amends. she claims to be for working people, but check her record, she’s another neoliberal working exclusively for her corporate donors. i think she’s a sociopath who enjoys lying. she’s everything wrong with american politics. she knows full well how corrupt the banks are and how badly they screw over working people while being bailed by billions of our tax dollars and walking scott free, just as she knows crypto levels the playing field. yet she lies more and says she’s doing this and wsbets to protect people. you literally have to be a complete psycho to lie so shamelessly and get up every day with no moral crisis. there’s no soul there at all.
warren is going after crypto on behalf of the banks*
do not burn the hand that is feeding you. do not crap where you eat. don't drown where you fish.
when i lived in the us i recall the banker saying when i opened the account that there was a charge if i didn’t add money monthly (i.e pay). i obviously would be, but i said to the guy, “so you’re going to take money from me if i don’t give you more money every month.” it was living in the us where i realised why crypto people hate banks. they aren’t perfect in my home country but they don’t screw you for fees in the same way.
they are not going after anything. its smoke and fucking mirrors.
i cant wait for all these dinosaurs in congress to die off. its time for term and age limits. no one over 70 has any business trying to run this country.
i am charged a fee to allow someone else to make money off of my money. the banking system is the biggest pile of shot ponzi scheme ever created. couple that with the fact that nearly every major economic downturn can somehow be attributed to them and the only answer becomes a decentralized banking system.
to be fair she does go after them as well. small prediction, she will do an about face in a year or two before the next presidential election.
she goes after banks too.
why does my country insist on electing old and out of touch idiots? the only recent politican who was worth anything was obama.
oooh boomer on boomer assault spotted.
had enough of legacy government politicising absolutely everything, telling me 2+2=5, sticking up for extremists, telling me what to think and transparently lying about every single thing they open their traps about. when decentralised nation? i'll be the first in the queue.
she is bought and paid for “loyal” opposition to banks.
warren's one of those practically-socialist radical left us politicians. she hates banks and overdraft fees and all of that, too. because banks are rich organizations run by mostly conservative-ish capitalists. but she also hates crypto, because most crypto is owned by rich, mostly conservative-ish capitalists. anything that benefits people who are rich or people who are conservative-ish, she hates. she does not know exactly what she wants to do. she is not *for* anything. but she is very much against anything that could benefit a rich person or a conservative-ish person.
that woman is a bad person.
+ of that from my account alone rip
she is a fucking clown.
old folks always trying to shut down what they do not understand. fucking quit already your time is up. that is it. let young people in charge. also cannot deny that this is bullshit for bitcoin
she is a shill, literally a person that could affect legislative change, but instead picks a different boogeyman every month to rile her base.
all of those can be avoided. fees to use bitcoin (and many other cryptos) cannot.
elizabeth warren is the absolute worst
warren was my in the primaries for 2020 until she turned her back on the people. maybe she never had our backs to begin with and maybe it was all just empty words.
pointing out this hypocrisy highlights the fearmongering opportunism of politicians, especially weasel warren. by playing off the fear of the unknown, and demonising people with the in-demand skills that exemplify the changing economy, she is just trawling for political support from out of touch boomers who are more-or-less wedded to banking because they grew up when it was a simpler and less-corrupt industry, and it is all they know. anyone under 50 who votes for her or supports her is a complete fool and deserves all the inaction and broken promises they get from her.
…. guys banks account for literally trillions of dollars in transactions every day. the cryptocurrency space is barely even worth the amount these guys transaction in one day. seriously fed dollar moves trillion dollars every day. swift moves quadtrillions of dollars every month. chip moves quadrillions of dollars every month…. she’s going after cryptocurrency because while overdraft fees are some portion of a banks business it isn’t nearly as big as you cryptocurrency folks seem to think it is. most banks get most of their business by doing business to business transactions, wires, hedging, and investing. if cryptocurrency was as absolutely massive as the traditional banking sector. one hack would amount to literally billions of dollars rather than millions like it does now. the scams and hacks in cryptocurrency are simply just bigger for the overall market size. not to mention, over draft fees are something that banks are explicit about. hacks, rug pulls, and scams happen far less in regular banking as a result of regulation. can we stop pretending that cryptocurrency is superior to traditional finance? if it was the same size, these scams and hacks would be making people billionaires over night… rather than just millionaires
is she the new villain of this sub, the flavour of the month? can we please stop mentioning that silly old bitch, please? every second post is about her.
warren can go sit on a hot dog as far as i’m concerned
she’s the anti christ
probably case banks pay huge lobbying fees to shift the narrative.
they go after crypto because they dont have anything in it... ^yet.
i can live with the eth gas fees because they do not go to a singular corporation and billionaire like these bank fees do. if there are to be fees involved eth is much closer to how it should be than the current systems that are in place.
overdraft fees are the worst. let’s take money away from people who didn’t have the money to pay
absolutely! these crooks are paid to ignore the real crimes and focus on things that can hurt their bosses earnings
oooo, burn! he's right tho!
mike novogratz speaking for the people!!
fix the current system before meddling in its replacement. lol.
all my homies love mike novogratz.
my favorite is getting an overdraft fee from an overdraft that was caused by their fee...
like an old beer commercial: "let us do both!"
12b in overdraft fees. 12 billion dollars transferred from the very poor to the very rich.
i still do not understand why any of these politicians care what we do with our money. i work hard and pay my taxes, so idgaf im going to buy what i want to regardless of regulations the us govt makes and "tries" to enforce.
well her employer is telling her what to say should anyone be surprised?
wow! they sound like the gas fees we pay on ethereum.
yea because all the politicians in that banking comitee work for the banks
get these old f_cks out of government
crypto gives power to the "little people". those in power now are afraid of that.
what the title should say is ""
crypto is not in the hands of the fed, if you run a government, that is an objectively scary thing. fortunately, i'm not a central banker
we need some bribes, sorry i mean lobbying funds. let them know what monero is and that they can receive these bribes, sorry, donations in anonymously.
so still way less than crypto? got it. crypto still looking for a problem to solve. the traditional banking system processes trillions of dollars of transactions in a year. you cannot compare the nominal dollars because crypto is a flea on the dogs balls and the dog is the traditional system.
man woke up and chose to speak fax
imagine how quickly warren would change her tune if she had a wallet with 40-50 btc
i feel sympathy for the no coiners that actually trust the politicians. they’re being kept poor
we are still early even if btc is at 40k
the comments her are ridiculous. imagine thinking that warren is pro-tradfi. wall st hates her. this sub does not really think enough about the potential for crypto to become the new bully on the block. it happened to fb, google, and all the other startups. crypto is no different.
people legit forget how credit cards started. way back when credit cards were a new thing the feeds and interest rate were huge. as credit cards became more of necessity rather than a commodity the feeds and interest rates whent down to the point that we are right now. so yeah crypto might be a bit on the hard side to use compared to a credit card, but the benefits and security of crypto out does credit card.
atm fees and checking account fees. am i too european (also eastern europe - - croatia) too understand?
overdraft fees should be called "high-fee predatory loan"
to all americans: what you see happening here within your country is what your country does to the whole world. if you can’t control it start spreading fud and start spinning, no matter what the real truth is!
someone forgot to tell the billionaire that banks run the world, not the government.
pay employees as they work and you could help the poor regarding these predatory lending practices. sure, some will say all of the poor hard working children are stupid with their money and it is all their fault! yeah, okay... but i would say it is tough to be poor. especially when the rich do not have to pay you for two weeks, or a month. i look forward to paying humans as they work. not at the end of the week. or day. as they work. you would then find that a human being can pay more of their bills and emergency expenses without paying predatory lending rates to borrow a few bucks to eat or keep the lights on. it should be illegal for banks to charge ... all because someone poor loaned out their value to a company. see the bs? poor people loan out their wealth for free (or until they get paid), and then the wealthy steal from them with predatory lending practices.
so we can easily tell what pies she and others in congress have their fingers in
it does not really help that these people lack a basic understanding of crypto. warren's latest statement for example that implies crypto and particularly btc are just as susceptible to inflation.
a large percent of young people own cryptocurrencies. her demonizing of cryptocurrencies is not a smart move for a political candidate that depends on getting reelected by young progressive voters.
literally the only way we’ll ever get their attention is if the crypto exchanges start shelling out big bucks lobbying the government. it’s fucking ridiculous.
banks make bank in fees.
all exchange fees are pretty ridiculous as well and probably beet that 12b quite easily.
i hope in a few years all these boomers in high positions have been weeded out.
she definitely has described herself as a capitalist so makes sense, definitely fomo.
what is just as bad is the antiquated "bank calendar". so you get a bill and it says your payment is due sunday. but the bank counts payments made by 3pm on a business day. so if you do not pay by friday at 3, your late fee is assessed because you cannot pay on saturday or sunday. i paid in person on saturday at the bank, but the receipt is for monday, a day late. f the banks. this is bs. god help you if you mail your bill. do you think they credit on the day it is received, the time it is delivered or when they get around to it. fwiw join a credit union and leave the bank.
you can’t even have your debit card decline an overdraft at chase. it will automatically accept it and charge you 35 per transaction overdrafted. i did it a couple times in college and it was such bullshit.
i hardly do business with banks anymore,,, crypto is the way
does the gensler and the sec have to respond to warren today bc she set a deadline? or could they push it?
who cares about dinosaurs, they finally died and the world moved on.
the potential for tax evasion with crypto is way more than
disappointed he did not say it to her directly.
don't worry. crypto exchanges will do that to you when you get liquidated on margin.
with the start of mass adoption in third world countries, crypto is putting money in millions of impoverished hands.
and if you have less than
ah yes, the perfectly legitimate argument of "whataboutism".
she went after the banks, too...dimon laughed at her.
i still think mike is a big-government lefty but he’s right here.
and cnbc cut him off
to be fair it is pretty easy to avoid all those fees. if you have trouble figuring that out, how do you file your taxes? if you cannot figure out how to avoid those fees, how do you expect to understand the intricacies of crypto such as holding your own keys, 2fa security, password managers, change addresses, bitcoin fees, etc? i have no love for banks but it is pretty easy to avoid all those fees by being responsible.
warren's pure garbage. when i saw her not shake sanders hand on national television, i knew i knew she had no integrity or brains for that matter.
fucking smooth brain old witch is a puppet
blockchain technology will usher in a day when we no longer need any representatives to speak on our behalf. your identity will be an nft and you can see every issue on the voting floor with your smartphone. now it’s unlikely the constitution will be amended to thisband the legislative branch, but it’s going to harder for so called representatives to vote one way when a majority of constituents vote in opposition. read the token economy by shermin voshmgir. the technology is already here.
she went after overdraft fees too tho...
she famously went after jamie dimon for his bank's overdraft fees, she is not giving them a pass, novogratz is conveniently forgetting. but i also think her approach to crypto is unwarrented.
billionaire invested should probably read more about warren before making stupid comments.
bearish on banks. fuck em.
i'm so excited for flare finance.
because crypto is trillions of.course.
stealing from the poor is okay, seeking freedom is not okay… hmm…
over draft fees are such bullshit. my bank charges . there’s been times i’d not notice how low my account is and fill up my gas tank or pay a bill and they charge me ’m in the negative. fucking sucks. and you just have to deal with it until our next paycheck.
uh, yeah. those overdraft fees are used by the banks to lobby politicians like warren to convince her not to go after banks for their overdraft fees.
i actually listened to cnbc today, and honestly, she did not really "go after crypto" as many thought she would. nothing like a billionaire to try and go after someone that is really trying to help the average person. the interview was pretty good, if anyone listened to it, which is probably asking too much.
i have an honest question. how is crypto better than banks at the same application?
how much illegal or immoral shit has crypto financed though… i think everyone agrees overdraft fees sucks. people aren’t against the technology of crypto. but the fact it’s used for illegal activities isn’t helping.
i try so hard to like elizabeth karen but everything that spews out her mouth just rubs me the wrong way. as a millennial i’ll take my chances with crypto anyday before i let these fat pigs in the banking sector get a hold of my hard earned cash again. eat shit you bankers, the little guys you’ve bullied for so long have finally had enough!
i'm gonna get murdered by this comment. but this is whataboutism at it is finest.
she goes after both , always has
thought you guys might get a kick out of this...
charging fees are not 'criminal'. i think people here needs to step back a bit and not go down the rabbit hole of 'banks are evil, hedge funds are evil mentality'. there are many predatory. crypto exchanges delaying, and man have you looked at the spreads? ever think about how these exchanges get rich enough to get naming rights to stadiums and be sponsors for the ufc?
doesn’t wb have like 1 billion in bac shares?
we going to talk about the insane gas fees on eth yesterday? ???!!!
she is been going after them for years also?
elizabeth warren is literally right now pushing for action against banks for overdraft fees. going after banks has been one of the main themes of her whole career. she is basically the architect of the consumer financial protection bureau.
much as i like warren’s progressive stances on a lot of issues, she really should stfu in this particular case.
so wait, gensler & the sec didn’t answer her today on her deadline. did they blow her off?! do they have to answer her?
billionaire investor attacks senator trying to regulate an unregulated market he is heavily invested in fixed that lol
why shouldnt i be against something that uses more energy than we develop and create by renewable energies? i mean sure there are worse things that really need to be fight, but thats also a ston ein our way. sure money i great but you do nothing different than selfish millionairs that dont care about the climate change...
but she has been going after banks. she grilled jamie dimon about exactly this.
to be fair to warren, i doubt any person in congress has gone after the banks as much as she has. unlike bernie, she is a capitalist and she has my respect. that being said, i do worry that crypto is just too new and opinion on it has generational dividing lines. i hope she is able to overcome that but i wouldn't bet on it.
if anything, she pretty much goes after both…
what more would anyone expect from a fucking 🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍
could agree more. shameful. is it too much to ask to simply deny the transaction in the first place? most people who incur them do not even realize that their account has insufficient funds in the first place, in which case it is easy to rack up multiple nsf transactions in the same day, each with a -35 penalty. the rich keep getting richer on the backs of the poor getting poorer.
because atm's do not use more power then all of las vegas.
yeah you tell her buddy, because if there’s one thing elizabeth warren is known for it’s how soft she is on the subject of big banks! next up on the bbc, the ability of some human beings to hold more than one thought in their head at a time, amazing but true!
lol she goes after banks all the fucking time
im totally thisappointed in sen. warren. this is a woman who wrote the following books: “the fragile middle class” and “the two income trap”. she knows and decries the vagrancies of our economic system in usa. and yet, she seems to refuse to educate herself about crypto currency and it’s potential to help billions of people. it’s such a shame. she was once a heroine of mine.
the math checks out
kind of sounds like whataboutism to me
not to mention 30% of remittances. aka money gram fees.
so? who gives a shit? don’t enable an overdraft on your account.
he’s full of shit. no one is harder on big banks than sen warren.
it's expensive to be poor. overdraft fees are the reason most people do not use a bank. another is the fact they cannot keep the minimum amount to have an account. so that is another fee. without checks or a way to pay online; because no bank; you have to use an alternative method like a money order; which also comes with a fee for using it. it's as dumb as college charging the student a "service fee" for using a credit card. or any business like that.
what warren says sucks but i also thistrust crypto companies or investors claiming it is the future of finance. it will be cool when it happens and probably make me rich...but it still is not sure. if you do not have surplus money you should not invest in it.
oh, villain. villain, villain,villain.
how does one post an article link without any text ?
i mean...i tried to sell . fees are not where crypto has an argument over banks. no overdraft fees i guess but you pay fees (sometimes huge) whenever you move or use your crypto so fees are not the argument here imo.
elizabeth warren has personally railed against overdraft fees and the like
ok, so do not let people overdraft, remove atms... do people actually use checking accounts in 2021???
wait a second, how can crypto solve this problem? by not letting you have an overdraft in the first place?
that is because she is literally in their pocket!!!
stoner cats nft cost eth users 800k in failed transaction fees in one day
my bank does not have overdraft fees, reimburses for 3rd party atm fees, and gives me interest on my checking account 🤷‍♂️
fees are bad when banks do it, but fees are good when crypto does it because "it is the only way"...? maybe consider using a crypto with 0 fees if you're so against fees. but no, whenever that one is mentioned people start getting mad😂😂
good ol novogratz, crusading against corruption with that shining dome of his! geesh. remember when warren gave a 💩 about social equity?
her line of thinking is probably “better the devil you know than the one you don’t. “ she has no power or authority to hold manipulative whales feet to the coals if they end up crashing the market. insane amounts of leverage are propping up this marker right now. there does need to be regulation regarding market makers such as exchanges. they shouldn’t be able to actively trade if they run an exchange. they have too much privileged information such as stop loss levels and open interest statistics, not to mention huge wallets of virtually every important crypto.
the current banking system is totally unfair. yet, elizabeth warren prefers to attack crypto currencies that are there to give power back to the people. it's a new system that brings incredible benefits, but she prefers to demagogue by attacking it. the reason is simple: warren does not want a system that is more equitable and that would put her personal fortune at risk, which she was able to acquire by taking full advantage of the unfairness of the current system.
congrats banks...good job...if someone is interested in this topic, i highly recommend netflix series "dirty money", s02e01 about wells fargo...
fuck overdraft. fuck banks. also fuck warren, that s not hot
literally all the money laundering (more or less) is also banks and fiat, not cryptos.
bankers are obsolete. let's let them die off now.
i cannot imagine that it is because one group is easier to tax than another.
don't forget all the energy involved in those transactions, atms, vestibules, traffic by bank employees and the bank buildings themselves.
my 7-year old cat just killed his first mouse and brought it as a present. if this isnt bullish, i dont know what is. pamp it
shady tree farms inc.
they’re powerless against banks and gave up.
while i like crypto, how would this be any different with crypto? the first is essentially for lending. the second is when people want cash instead of digital currency. the third is essentially exactly the same as transfer fees with crypto.
look at all you sellouts siding with a billionaire cause he confirmed your bias. i don’t care what he says, it’s people like him that are the reason we need crypto
seeing the future how every big corporation will have its own coins and exchanges rates if you have amazon or whatever other coins does not make it more bright.
‘dear customer, we are closing the bank office in your neighborhood. more and more customers go digital so we are optimizing our network of fysical offices. ‘ a few months later: ‘dear customer, due to the growth of our digital business and the increased security risks in cyber space we are forced to charge a higher monthly fee. you can always look at scaling down to get a lower fee, so please check if you need all the services you are paying for’ a few weeks later i call them: ‘to help you better, please enter your bank acoount number. choose 1 for …... . choose 3 for …… . choose this for that… . hello sir, how can i help you? i have a question about my mortgage. what your bank account number?’ a few months later: ‘in our continuous effort in improving oir services we have made following changes: you pay € 2,50 per month for your bank account, including paper statements and the online app. you pay a seperate fee for your creditcard. the second bank card is free. this changes to €10 per 3 months. paper statements are an additional amount. the second bank card is €1,50 per month extra. the credit card is included with a limit on the transactions, additional transactions cost € 0,75 per transaction’.
this warren woman keeps reminding me of karen. which karen you ask? any karen
in fairness to warren, she actually is a senator who has gone after banks for excessive overdraft fees.
warren is a moron. another topic she does no research on and tries to be the expert of. it's the same as her going after student loan servicers for following federal regulations when managing loans and blames them for student loan debt but she does not talk at all about the colleges that charge egregious tuition amounts. she misses the mark over and over again. unfortunately, there are people who blindly follow what she says.
i cannot decide if big finance has hoodwinked the politicians into believing they are the only ones capable of protecting the financial system, or the only ones capable of funneling money to the politicians. amazing that it works to the detriment of so many citizens and still enjoys the protections they do.
banks are scam. they overcharge you with fees for every shit in germany. interests on capital over 100k. fees for having a bank account (lol for what) and than they offer clueless funds to clueless peopel.
didn’t she also go after the banks, though? she had a more comprehensive wealth tax than bernie even. like this isn’t hypocrisy like he’s implying. warren has gone after all the financial institutions. seems like novogratz wanted a sound bite.
elizabeth warren does work on bank regulation...
that is actually nuts
what i don’t understand is how they can have all this money and still barely pay above the minimum wage yet not a cost of living wage
warren is 100% a hack, so glad when she couldn’t backstab her way into a position in the biden administration
in many cases, these overdraft fees occurred less than 24 hrs before a paycheck was deposited, via an antiquated snail’s pace ach system, and the paychecks easily covered any draft and then some, but the fees were not reversed. all this, despite the bank paying 0% to their customers while using their money to line the pockets of their corporate executives and shareholders.
if they can’t control it and’t want it. paltry savings interest rates while they thrive during the pandemic. minuscule cd rates while they mismanage their billions and get bailed out. it’s all about money. always has been. always will be. if you don’t have it, you want it. if you have it, you want more.
buddy it’s in black and white unless you start deleting posts. a 20 second google search for the world to see. so bang the table all you want. i don’t really give a shit about your delusion. your trolled yourself when you started typing lies here because you never took the time to research your girl. take your own inventory.
i cannot stand her
12 billion usd in just overdraft?! isn't that a big number? where is the sec now?
he added: "if banks had the transparency of defi protocols, we would not have had the mortgage crisis. defi will win because it is better. [automatic] settlement. bearer assets. composability. transparency.
her focus is fucked up and is a headline chaser. i commented on senator warren’s crypto regulation yesterday and got blasted. she needs to go away
how do you decide which crypto to invest?
banks not only charge you the fee, but they change the business trying to make the withdrawl. double dipping.
i love liz in general but she needs to step the fuck off of crypto. solve some real fucking issues.
this guy is just dropping knowledge and i love it
because the billionaire are laundering money and hiding money via crypto???
legally robbing the poor
is this accurate? 12 bil in overdraft fees? no wonder banks sh*t their pants watching crypto get more popular. you can imagine the kind of money they lobby to kill crypto…. what a waste!
she is been going after the overdraft fees and predatory financial behavior for decades. **the cfpb was literally set up at warren's initiation, and was doing good work until the conservatives gutted it**. come the fuck on. edit: fuck almighty the amount of juvenile libertarian bullshit in this thread is breathtaking. stop listening to libertarian youtubers. the people screwing you are the plutocracy, and they will be screwing you whether we have crypto or fiat. and those libertarian youtubers are just the plutocracy's mouthpieces. elizabeth warren is actually trying to help the little guy. my head is spinning with the idiocy in this thread.
why cannot they just keep their grubby hands off things they do not understand?
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good guy mike. won't eat when i eat all other billionaires
banks literally stealing from people with no money and pieces of trash like warren are going after crypto. this is a war for freedom
i wonder how many politicians are actually holding crypto in any shape or form. is there any legality that obliges them to come forward with this information?
overdraft fees are insane, i asked my bank once to thisable it. they said it was a 'feature' it ended up screwing me over while i was overseas i had a large bill come out multiple times leaving me with nearly no money and negative balance.
banks are the problem here, not crypto.
that makes sense. more energy should be placed on fixing bank issues and fair play.
i’m not thisagreeing with his point, and i appreciate that mike made a lot of money on eth (because he was friends with joe lubin) but i would be careful reading too much into what this ex goldman sachs guys says about banks. imo he cares more about money and power, than adhering to the principles found in satoshi’s white paper.
ya call that rat bitch out hell ya
warren is nothing more than a bought and paid for political whore just like the rest of them. her and her ilk would rent out their underaged grandchildren for sex if offered enough money. find out where she is getting her funding and you will find out why she is against cryptocurrency.
and warren is a fraud. she got into college and got a professorship by claiming "falsely" to be cherokee. presumably screwing a real cherokee. rants against school choice and sends her son to elite private schools.
she does not know what she is saying... it is all nonsense for her.
elizabeth warren will go down in history as the protector of the minority top 1%
it's dumb to conflate bank fees and regulating a nearly unregulated industry. the two things are unrelated. mike should avoid emotional arguments because it makes him look weak. most of what he said is perfectly correct and enough to win his argument so why relate unrelated things? why is not he complaining about he massive fees on bitcoin atms?
the kind of person that would sell her family if offered enough
long (available for purchase on the toronto stock exchange)
banks finance the politicians! what’s not obviously here??
pretty sure warren gets paid by the banks so it is in her best interest to slam crypto
politicians are two-faced. they have rules for themselves and then different rules for us.
just but her off already! senator=for sale
90%+ of politicians are effing stupid beyond comprehension. litterally, stupid. they are people people. not booksmart and not streetsmart. they are also brainwashed by the very system they protect and uphold and without the ability to step back and look at things from a fresh perspective. they go after things which are beyond their comprehension, while supporting the system that keeps people in check. gov is a position of power that must be maintained at all cost, in their minds. so of course this fckwit warren would attack crypto. she is a lifelong politician, 90 years old or whatever, without the mental capacity to understand almond butter.
warren is just a pet piglet politician on a leash. i think she does not know shit about crypto, it is her master's that are putting this out.
satoshi would sob to see y'all cheering for another hedge fund goon. this community has been warped by greed so hard there is not a _shred_ of the original vision left.
they cannot get past the idea that btc and eth is mainly used by traffickers and terrorists ...and that they cannot get a bigger cut
i wish more left of center people would get behind crypto more. we wanted the big banks to fall before it became popular to conservatives.
novogratz offers poor logic
elizabeth warren is always going after the big banks too. also fuck billionaires.
after asking for a billion dollar bailout for shady dealings.
it's insane, but this "billionaire investor" is wrong about warren not calling out banks for overdraft, etc... [she specifically called out jp morgan ceo]( in a hearing and asked him if he would return the money and he said "no".
last time i posted about these i had a bunch of bitchasses tell me it is my fault i got into overdraft so it is okay they charge .
she already went after overdraft fees:
the banks’ view is an overdraft is no different than a high risk loan with no collateral. i think their fees are excessive but i understand why they exist.
how can anyone think democrats care about the poor?
how would a bank make money then? and then offer services? just curious what the solution is cause obviously it is a business model that would not work. get rid of overdraft i guess and just charge everyone ?
i truly believe you do not understand how overdraft fees work
banks want to rape us
“don’t got money? that calls for a fee! now go find it!” sheeesh!!!
this isn’t an ad i swear. i came across this post on r. i switched from bofa to ally. best decision i ever made. they eliminated over draft fees this past year. they have high interest on both checking and savings and the customer service is honestly great and fast. they have no physical locations i believe which could be a downside for some but you can still withdraw from atms and they’ll reimburse the withdrawal fee.
what's a few billion between friends?
not the same, but i wonder how much money gets spent on gas fees this year
banks are good. politicians say so.
but serious question. if i have , how does that work? are there really no fees associated with overdrawing on crypto or can you just not overdraw?
i remember a story of a banking exec in mn who owned a mega mansion on lake minnetonka and named his boat “overdraft.” giant turd.
overdraft fees 100% should be illegal. they even have the technology to block the payment from going through but do not automatically enable it. predators. thieves. crooks.
it's how banks make money. they create "free" accounts in hopes that low-income individuals will open them and overdraft.
during a fucking pandemic, when people needed what little money they had the most.
and there are people that will defend the banks tooth and nail for it too!!
when i was struggling and i would go over, the bank would rearrange my bills so i would end up with 2 or 3 overdraft fees instead of 1. all legal for them to do.
i wonder what the percentage is in the banks actually recovering that.
as someone who was fucked hard by escalating and almost inescapable overdraft fees on many occasions when i was young and poor, fuck wells fargo in particular.
watch this when you have time
elizabeth warren has been the biggest sellout america has seen. she started out with such wholesome goals, and then that banker money hit her fucking accounts and she is just rolling in the support of the machine.
yeah, people should be freely allowed to spend money they do not have.
f\*ck banks and f\*ck the traditional financial system.
i’m missing on a buffet , billions dollars
oh and if those people want a loan ? the bank will use depositors money to give out loans. essentially taking our money and lending it back to us
not just that, the fees they charge for immigrants sending money to their family is just thisgusting. ever tried swift ? takes many hours to transfer any money and if there is an error takes weeks to resolve.
i mean, how would crypto fix that? banks allowing you to overdraft(for a price) can keep your lights on. it's an actually useful service that cannot be easily replaced.
unfortunately all they care about is money.
that was last year, during a pandemic, when most people weren't working.
thats the most bullshit charge ive had to pay in my life, fk banks
but hey, "the free market will fix it!!"
in india sbi banks charge customer for having less money in the fees poor people lost a lot of money sbi bank earned 10,000 crore rupees that's why fuck banks
wells fargo does not advertise it to anyone but shareholders but stealing from the already poor is a huge part of their profitability model.
capitalism is the american dream. it's daylight robbery at this point
maybe don’t spend money you don’t have
i was a victim of this , i had nothing and the charges were ridiculously large & frequent £36 a day if i remeber right , must be one of biggest scams going but it’s ok when banks do it.
okay, can you tell me how bitcoin has value or justify its value
is fine to charge a fee but you should not have to pay . a reasonable 25% of the amount overdrafted should be enough.
yeah, but people in this sub were able to uncover sherman's dirt little donors, cannot we do the same for warren? i am sure it all boils down to conflict of interest.
we can’t control it? spread fud then. ^-gov
okay. so the solution is simple. donate to pac funds using crypto. problem solved.
the easy cynical comment is pacs and other donations, but i think the truth is closer to your latter point than your former. politicians and bankers are both terrified of a system that they cannot control. the government loses a lot of power if they cannot issue more currency to control the economy and.
we need a pac ... send me your crypto i will make it happen. trust me i will take care of you. oooopppss i sound like a banker
that's quite the generalization. to warren's credit, she has gone after the banks on each of these, and made a lot of progress when she headed the bureau of consumer protection. she has been consistent in her calls for not ripping people off, and well, with all of the rug pulling and pump and dumps in crypto, she is at least half right in what she is saying. there is a lot of blatant activity that would never be allowed in any other market out there in crypto, and so far we're doing a shit job of policing ourselves. the larger and more complicated these schemes go, the louder the calls for regulation will become.
truth is crypto has come to stay am not nothing they can do about it than to accept it
exactly. warren is just shaking down the crypto community. 50-60m per year, split roughly 50\50. she wants crypto to pull their weight.
welcome to the libertarian party, we welcome you with open arms and no taxes ;) your legal machine gun is on the table over there, and we'll be having a drug tasting contest at 7. bring your glow sticks and desire to feel free again.
this is the best answer. she isn’t against it for moral reasons. that’s the reason that sounds good so that’s what she uses but because they can’t control who makes a lot of money doing it and they don’t have control over it then it becomes the devil. if one of the big banks all of a sudden stopped donating they would be ostracized just like crypto
i’m pretty sure crypto companies spent a ton on lobbying still fuck warren.
i comically picture a lobbyist trying to explain to a boomer politician how he is going to line his.
elizabeth warren's views on cryptocurrencies have nothing to do with pac money. she is not exactly a friend of banks either. these are just her own ignorant views.
you think super pacs are hard to regulate? try defi super pacs
can't cheat the system if the systems books are open.
crypto cant be controlled? you mean like some guys tweets and a crypto goes up 50x in value? like that?
washington’s problem is protecting their fiat money printing machine.
this. i highly recommend the book "extortion" by peter scweizer, for how politicians routinely draw in nascent or politically aloof industries into their schemes and into the necessity of playing the lobbying game.
sorry to be a (~~lone sorry,~~ reddit did not show me the replies at first!) voice of reason... warren is not perfect, but i believe she is trying to do the right thing even though she is terribly misguided. again, not at all an endorsement of her, i do not know enough to form any type of emotion. i think the honest concern is the retail investor. at the same time the bad actors in the world that use crypto to funnel funds illegally dominates the news because no matter if it is crypto or not, it is sensational. my suggestion is that we all take part in an education campaign. write her, do not just complain here, and tell her how she is wrong. get her on our side, that we're looking for financial freedom. not in the lambo sense, but in that we want to be apart from these fucking banking bastards. also, to your point - where is the crypto pac? it could easily be administered through a dao, and legally protected by the wisconsin dao law. make it entirely legit, make sure there is no room for people to create and spread fud about such a thing. google says [someone tried this once, and they maybe donated a whole ]( i'm sure we could do much better. [setting up a pac is not hard at all really either]( i read a lot of pie in the sky thinking in these subs (though the other big one is just vile on the topic right now, absolutely shameful comments...). instead we should be thinking in the real world, focused on things that matter to make effective change (even if that means funding a candidate to primary warren). a big structural change is not just going to happen on it is own. crypto is not new, and the technology alone is not doing the work.
yes! i keep screaming this, crypto needs to pay them off and give them revolving door jobs long enough to create a decentralized system.
warren does not take pac money.
this. so much shady ass shit that goes down in dc. warren should be going after the dark money that enables the polluters and thieves of the world to buy the dirtiest politicians that money can buy.
isn't the vast majority of crypto held by a very small number of very wealthy people or banks of whatever? do you really think those people do not donate to political campaigns? also, warren made the cfpb. she definitely tries to combat the things mentioned above - she helped invent an agency for that exact purpose.
mikey has our backs. bye pocahontas.
mike is the man! he brings up some excellent points. would be nice to see an open forum for reasonable thiscourse where the big, dogs like mike, michael, and cathie could educate our political morons and thispel the misconceptions out there for the public record.
washington's problem, and indeed every other government in the world, is that every crypto transaction can be tracked. and they cannot launder money if that happens.
there’s no reason why we shouldn’t have a crypto-friendly pac that works to unseat boomer politicians that are hostile toward crypto. why is this not a thing?
seriously though. “hmm you don’t have enough money to cover this 1’t have in your account so we covered it and charged you 28$! shouldn’t have been poor!”
yeah. just do not process the transaction.
you can turn off overdraft protection. it's a service, if you do not want it, you do not have to use it
fees should be illegal. ![gif](giphyiepridyu8gcidivzpb)
i’m pretty sure warren has gone after overdraft fees before. but no one is gonna stop those sadly.
it’s a tax on the poor or less fortunate. like many other things in this country
if crypto were used as much as traditional banking, we'd probably have seen . ethereum alone costs , and it is moving a tiny fraction of the volume of banks. coinbase charging 0.5% to 3% per transaction is brutal for regular consumers too.
you have to apply for overdraft and qualify for it in the first place. if you have bad credit then you are not going to be awarded more credit in the form of overdraft. this isnt just something everybody is handed, at least not in canada. if you cant be responsible with credit, then you shouldnt have an overdraft feature on your account.
right? you = don't have enough money. bank = let's charge them a fee for not having enough money! <evil laugh here>
where do i sign this petition?
these figures are fucking huge
there does have to be some consequence if people go below the amount of money they have, but i guess ideally it would just reject the transaction entirely.
poor people are the easiest to exploit
i remember my card would just get denied if i did not have enough in the account, then one day i started getting over draft fees. my favorite incident was when a bar double charged my card by accident causing an over draft. i was charged (which duh thats why i got it in the first place) i was charged a second over draft fee. such predatory tactics
i use a credit union. no overdraft fees. ever
they are illegal in many countries
fractional banking and the whole idea of banks taking some of your money to gamble it away should be illegal.
no, just do not make all the other laws and regulations which turn banks into what they are and which make alternatives like crypto, functionally illegal. every new "law" we insist on is just more power to the people who abuse those laws for their own benefit. our society is so saturated in laws and regulations that there is always something that the government can *stop* doing which would strike more at the root of the problem, rather than have government abrogated more power to themselves and corporate cronies in order to put a mitigating bandaid on the problem with a new law or reg.
right? just fucking reject the transaction
it should be a reasonable percent of whatever the transaction is. 15% or something. .
elizabeth warren has advocated for this exactly
whatever happened to simply denying the request, kicking back “insufficient funds”, and no fee?
that concept seems pretty strange as a non american. my first thought would be how is this even legal ?! and why do people stay with a bank that steals their money?
especially the ones for auto draft payments. sure i made an agreement with the company to pay automatically pay each month but i didn’t ask my bank to front me that money if i didn’t even have in the account. then they act like they did you a favor for paying that bill and then charging you to do so.
there was a guy who paid several thousand in gas fees over at r
yeah, those are the fees that you choose to pay though for interactions with ethereum and eventually they’re gonna go lower and it helps pay for the etherium system to operate overdraft fees though, that’s just gouging; kicking somebody when they are down.
playing with somebody else's money is one of the main reasons they even go to government
don't ask me twice, i will print an extra trillion to help your old and established company, that without you we will go to the seven hells, so i must 100% save you.
that's it, doing business with people money, charging high fees
i pasted this above, but seeing this post with this many upvotes pisses me off. i was looking for this comment. this quote is so misinformed. she has been pushing for banks to stop stealing from poor customers in the guise of service fees for years. this sub should be ashamed to upvote this post this much with that information so easily available to find; and here i thought crypto investors do some sort of dd.
exactly!!! people here couldnt give two shits about facts.
i sincerely believe that part of the vibe in these subreddits towards any politician is foisted by foreign social media managers who are paid to sabotage american's trust in their government.
thank you for posting this. so many stupid posts about warren lately.
but that does not fit my narrative!
and the folks in here saying she is ignorant on crypto. her work history, bills, consumer protection, i'm going to go out on a limb and say she is probably well versed in currencies including crypto. she might not know all the technical stuff, but calling her ignorant on something like this is just grasping at straws.
regarding the edit link, she is referring to cbdcs more-so than crypto such as bitcoin.
well at least historically speaking what she says doesn’t do jack shit.
i was looking for this comment. this quote is so misinformed. she has been pushing for banks to stop stealing from poor customers in the guise of service fees for years. this sub should be ashamed to upvote this post this much with that information so easily available to find; and here i thought crypto investors do some sort of dd.
> warren is like the one senator who wants to go after banks and hold them accountable. so maybe she should stop spewing uneducated drivel about topic she does not understand and continue 'going after banks' like you suggest she is supposed to?
this is why i want to understand warren's statement regarding "risks to banks" she already knows that banks in general are generally legally shady. why protect them? i do not hate warren, but her concerns are a little misguided
so, she’s doing the bare minimum a politician will do for most things. i mean, sure she said some things to some ceos to make them feel bad but what actual laws or proposals has she brought up in the senate to make real changes? are their any proposals? i’m not saying this to be on the banks side but saying a bunch of things to ceos who do not give a shit as long as they aren’t breaking any laws isn’t doing much to help the issue. these banks will keep doing what they can legally to make as much profit as possible with 0 compassion for the customer.
this is crypto sub, she’s bashing crypto. one would think she would support it given her stance on banks but crypto is a threat to the establishment of which she is a part.
that's called donation fishing...
and what has she done about it other then donation fish from them? proposed any laws?
ally is a good online bank. had some of the best interest rates around, before covid hit. used them to store all of my money before it became pointless and i said fuck it, i'll put it all into crypto.
whats the fee if you do not fund it in 10 days?
i saw trump say the whole, and i’m paraphrasing here “i don’t like crypto, it seems like a scam and competes with the us dollar”, which this statement in and of itself is ridiculous it’s either scam and so is the us dollar or it’s a legit currency competing, but i digress. so i thought, oh the democrats have to like crypto now, they can’t agree with trump that would go against everything they stand for right? nope. next day i saw warren losing her mind on bitcoin and thought “i guess there is something that can bring the two sides together”, a common enemy if you will. that’s when i realized crypto is the future that i want.
except banks... she just gives lip service to the public about "taking them on and winning" while letting them all off the hook and letting them help write their own new rules... she is a protector of establishment powers, deceiving the public and giving lip service about how they can rest easy knowing she is fighting for the little guy when in fact she is helping screw the little guy by protecting establishment players and powers.
that's her brand. she "protects" the little guy.
ikr like literally everything smh
she is such a karen !!!
more like it demonstrates a lack of understanding about warren's platform. she was never *not* attacking the banks lol
except warren has fought against overdraft charging... like so many of you folks just read an accusation against someone you dont like and accept it as fact.
she would steal the wax, tax the bonzai tree, and claim she did the native version of the crane kick if given half the chance. *kreese looks at her office* "truth does not exist in that dojo, does it class?!" "no, sensei!" lol
balance that tl;dr with the truth about her record of actually going against banks and ignore this pumper. if anyone is guilty of being selfish and greedy, it is him.
does banks charge their own customers for using their own atm? i would not think so. why on earth is it wrong to charge someone who does not hold an account with you to use the atm you pay to maintain and cash. it's not free to operate an atm. usual arguments i hear is "it is your money, you should nott have to pay to access it" ... but with that logic all taxi rides home to your house should also be free.
terror outfits and dictators will use one currency or another. it's 2021 and a new medium of exchange is not going to give them superpowers. environmentally speaking, i'll assume that you're referring to energy consumption. the u.s. uses a similar amount of energy per year to bitcoin just using [clothes dryers]( i also would like to speak about crypto honestly and i think you probably mean well but lets leave bs excuses out
i mean the government has been rather aggressive about going after banks that are caught laundering money for cartels. the whole reason we know that was happening is because of the government investigations that uncovered that activity.
i’m starting to think you know nothing about senator warren. here is warren asking banks to voluntarily give back their profits they received in federally protected overdraft fees during pandemic while none voluntarily take her up on the challenge: do some dd, don’t just blindly follow stuff; this post is breaking my heart with misinformed people who have no clue what they are talking about.
the same reason anything really has value, because a group of people give it value.
nope, they cannot. look at the ridiculous charts and lines that come with predictions that are almost always wrong.
pretty simple, it does everything gold does as a store of value but better.
i would like to repeat the question above, it needs an answer.
yes, a lot of my relatives in europe are shocked when i tell them all the fees we pay for banking services
lol yes, the us invented corrupt bankers. thats why all offshore banking runs through the us. right? thats why the biggest european banks have never been implicated in money laundering or imposing anti-consumer fees. right? if you think your european lawmakers are immune to corporate bribery, you are ignorant.
ah yes. corrupt politics, a strictly american event. of course.
he's a fucking moron. she is been going after big banks and fees since before she became a senator.
what? warren is one of the senators that is the most aggressive against big banks.
such a courageous stand you’re taking
she has no corporate donors... do your dd.
oh, so we are back to trusting bllionaires now? lol they are not your friends either.
banks are wildin'. it costs money to take money out, it costs money to leave money in, and it costs money when you have no money at all
and cash usd isnt used for illegal activities? laundering ect?
just turn the corner, head straight down to the hood. ask for hood rich mike. he’ll serve you top shelf crack rocks right now for nothing but fiat. point is, crypto won’t stop illegal activities nor does it facilitate such activities. people who do illegal shit will continue to do illegal shit, wether they were trading in crypto, gold, fiat or even dog shit. don’t fall for the narrative.
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lol hope? we're still waiting on her "native american" certificate of birth! she is a 🤡. she did not offer hope, she gave people lies and tried to get away with them. and now she is going after crypto? lol
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here: where is the shady campaign funds coming from? over half her contributions are small donors (less than ), the largest single donation was (she’s a massachusetts senator by the way). i’m not trying to attack you personally, but holy crap i thought crypto investors did a minimal amount of dd and this post is a giant shameless echo chamber of misinformation.
> shady dealings i'd rather be a shadowy super coder than a shady banker.
banks privatized their profits, yet socialized their losses.
then being praised for record profits during a pandemic
great show that day. too bad that’s all that it was - all show.
meanwhile in more civilised parts of the world, overdraft just is not a thing because banks simply do not process payments your account cannot afford...
bank of america got hit with a lawsuit for not paying their employees over time. so they devised the scheme where they claimed overdraft fees where there should be none. they got caught doing that and got sued again.
it's called debit resequencing. it's technically still legal but several banks have been sued over it. wells fargo, bank of america, td bank have all had to pay hundreds of millions to settle lawsuits concerning debit resequencing and overdraft fees.
yeah i got hit once when i was in lower times. my bank balance was good so i was buying cold drinks at work when all of a sudden i’m -200 with
banks are crooks but still your fault.
i got a letter from regions saying that they are going to stop doing this sequencing. luckily i had never gotten fucked in the past, so i had not even realized.
its not your fault !!! banks are deliberately turning free products into debt products to skim more money. * overdraft charges - by default, bank accounts opt-in to overdraft. thats wrong and deliberate. opt-out should be default. banks know people won’t take the time to stop it. and thisabling it is buried in the account settings. * bank account credit - capital one turned vans accounts into credit cards if you go past your balance charging interest instead of a fee. * bank account pay day loan - all the new banks are doing this. lend you . * ira loan - why am i forced to take out a loan against my own money? * atm fees - it costs them nothing to have money available. * usage fees - why would using my cheap plastic card cost a fee?! * loading money fee - like wtf?!
>bitchasses that's bitch-asses, not bit-chasses, for those of us who have bit on the brain.
that's because the left is bad, and people like elizabeth warren (who are trying to fucking help) need to be vilified at every opportunity.
structuring payments hasn’t been a thing in the us for years so what year was this?
oh my god i remember calling out a lot of people insisting that lack of personal responsibility and you signed up to get fucked up the ass... why is this a problem with banks?!? much freedoms
this is why i do not use a shit bank and instead bank with a credit union. the few times that i overdrafted my account (for rent) they actually covered the overdraft, and did not charge me a fee. credit union > bank
i just paid 3 dollars with take money out of a bank of america atm.
it’s not your fault but it is your responsibility. you can ask your bank to remove overdraft “protection”, in which case they’ll simply refuse charges on your card if there isn’t enough balance to cover it. also, most banks will waive your overdraft fees once or twice if you ask nicely.
you can set it up that you can’t overdraft, also over drafting is essentially getting a loan. they are letting you spend money that you don’t have, you think that shit should be free?
your fault for using a bank instead of a credit union. love my cu, have not gotten an overdraft fee or penalty fee of any kind in like ten years
i got double charged at walgreens and didn’t catch it. next thing i know my phone bill comes out and my account was negative... walgreens reversed the charge over a week later but the bank still charged ’t even my fault!
you got into overdraft by simply not having enough in your bank account. budget better. if you are dealing in cash there is no way to overdraft to begin with.
and it didn’t change a damn thing. (it was her turn to posture for the camera).
wait what???? my bank account growing up used to just decline the charge when you didn’t have enough money in it. they one day gave me the perk of overdraft and i didn’t get the notice and overdrafted my account. i called them, got the fees removed, and asked for the overdraft protection to be removed. they told me they couldn’t do it. it is and always has been a way to make money and it became popular when interest rates dropped which hurt the banks ability to make money through just interest on loaning out the money on deposit.
i got a . there are legal limits on the interest that can be charged... this exceeds that by hundreds of percentage points if you think that is fair i got a business proposition you will love!!
the banks view is that they charge what they think they can get away with. you get charged a fixed rate for being even 1 cent overdrawn, what kind of loan works like that?
shut up boot licker
blocking the transaction makes since to me. i always looked at overdraft fees as a things went really bad and the individual is willing to take a fee to cover whatever they need at that time. sort of like going to a pawn shop to sell something or getting a payday loan.
plot twist: they went all in on the dip
"fud eet." \- president bogdanoff
agreed. or we could create a token, cpac, and donate a percentage of transaction fees to politicians on a regular basis. and then also make a rule that a certain number of cpacs is redeemable for krugerrands. (only for members of the legislative and executive branches) that way, there is motivation for politicians to get on cpacs donation list - the regular fiat payments. and there is also motivation for politicians to accumulate cpacs - the redemption value. and they will have a vested interest in crypto, so they will make sure it gets room to operate.
yes, but then we will know how they use the funds. not sure they want people knowing.
politicians and bankers are the same. they all put together to fuck the people big times. $.50 to complete a transaction is quite horrible. elizabeth, if she cared dearly about the people, should have done something about this overdraft. well she has bank’s money in her pocket.
nancy pelosi explaining why we can’t have student loan forgiveness just weeks after she made 5 million on insider trading is exactly what it looks like: social control using the monetary system.
will you send me double my coins back also?
warren's top contributors do not include banks.
where s that copypasta about every road being a toll road and all the other shit 'true' liberterian life would be like
yeah, being poor is expensive. and banks love to capitalise on it.
"hmm you don’t have enough gas to cover this ethereum transaction so we took your gas fee and still did not process the contract. shouldn't have been poor." ethereum alone costs , and it is moving a tiny fraction of the volume of banks. coinbase charging 0.5% to 3% per transaction is brutal for regular consumers too. just yesterday: [stoner cats nft sale cost users ,000 in failed ethereum transactions](
i accidentally overdrafted my savings account recently because my direct deposit was mistimed with my automatic loan payment, cu charged me (i had ). they reversed the . why the fuck wasn’t it just rejected?
yeah, why cannot the poor charge an overdraft fee for the value the rich extracted from them until pay day? i used to have to wait until the 3rd of each month to be paid for one of my jobs. sure, blame me. i also worked another full time job at the same time that paid me twice a month. but access to money is incredibly important to all parties, especially the poor. we should be able to pay people in real time with today's technology. that'll help the poor pay more of their bills as they approach. will it keep them from over spending? i believe so. but the numbers probably rise with inflation. seems like they would correlate
lol not really. you do know you can turn it off right? you do know that if you try to make a purchase and you don’t have enough money you would get declined if you turn off overdraft. the banks are doing us favours by helping us go negative and using the banks money. overdrafts are a luxury. stop complaining about them. you can use credit cards if you don’t have enough money at the time to cover your purchase. you wouldn’t be charged a dime extra if you don’t take longer than 21 days. people tend to forget the luxury we have by having access to banks that would even let us buy stuff with money we don’t have (mortgages, lines of credit, credit cards, etc) and love to make the banks seem like the bad guys while they make a profit for providing those luxuries.
to be fair, you sign up for the overdraft. u signed up and read the terms of service. u can deny it and then the charge would not go through. user error on this one. not the bank.
moved most of my money into savings then made a big purchase. checking account briefly went under . so infuriating. want to go back to a credit union
also... you honestly just should not use debit cards at all anymore. credit cards are safer, you usually get rewards, and there is a layer of protection between you and your money. there's almost no reason not to use a credit card unless some place gives you a thiscount for using cash.
word. my card has been stolen before and so i only keep so much money on it at a time as a result. basically i "load" it from a separate account where my direct deposit goes into. there's been so many declines where i just need to hold up a finger and say "one sec" and move money over using an app. it's not even annoying for me and a slight inconvenience to others but i'm not paying overdraft fees - it is hugely predatory. i was dinged a few times for overdraft and i was not having it. i grew up poor and the inability of my folks to get out of that scheme of high interest rates, over drafts, late fees, and pay day advances... though at the time sucked ass, taught me something that allowed me to be completely financially independent with a large buffer for "oopsies" in the bank.
even better would be to know how much you have in your account, especially if it’s that low potentially so that you don’t run the risk of embarrassment. similarly, you could also keep a small credit card on hand to use when the debit card won’t cover your transaction. i feel like if a person is getting hit with the embarrassing “oh shit, i don’t have enough money” they probably need to change a few things in their finances.
this 110% it is the user agreeing to tos. just turn it off.
laughs in gas fees
why would i want to change your mind? fees are evil.
laughs in nano too fast, too feeless
wish granted. every check ever written bounces, every time, because there is no deterrent. the economy implodes spectacularly.
yes, but that will change as crypto grows.
correct. i work at a credit union in the states, and our overdraft has a tolerance based on the average daily balance of your account. it is of course optional as well, you can opt out and your card will just decline, and we're trained to go over this very clearly with everyone who opens a new account. what's more, is that if you have a more... colorful banking history (think charge-offs, delinquency at other fi's), we will actually only offer you a checking account that has no overdraft options available, and then once you have positive account history for 6 months, you can upgrade it to the regular checking account. credit unions tend to be more fair than big banks when it comes to this stuff though
you’ve got it twisted “don’t have enough money” is not true. a bank wouldn’t charge you any over draft fees if your balance is . if you only have , you would go -. you do know that you can turn this off, right? you could tell your bank to just decline the purchase if it would go into negative overdraft fees are a last resort blessing. imagine being stranded in your car with no money and your gas is finished. the bank gives you an option to fill up your tank. although it may be a hefty fee, it was the only thing you could have done. stop looking at what they gain from it, and start looking at what you would gain from it
> i didn’t ask my bank to front me that money if i didn’t even have in the account yes, you did. if you are affected by overdraft fees, you have the overdraft protection service. turn it off.
i just joined this sub last week, and was surprised to see this here and with so many upvotes. i'll think i'll stick to other sources for crypto info.
yep. and the reality is that consumer protections (for retail investors, which i'm assuming most of us are) would actually be something that increases adoption and likely the value of all of our stacks in the long run. so warren really is not the enemy - she is just being scapegoated as the regulation boogeyman by whales.
that and they just blindly applaud when some random billionaire advocates for crypto without ever stopping to consider why so many of them do
are you surprised in a bunch of libertarians?
i agree. i remember at one time there was a website that somehow tracked foreign actors and bots on reddit. idk what happened to that project but it was eye-opening. came out around 2016 i think.
there's another post right now with an almost top comment talking about how they cannot forgive her for taking votes from bernie as if the person *slightly* to the left of warren is fucking thrilled about unregulated crypto. most of these commenters could not identify an actual political fact about her even if you made it an nft and musk shilled it.
this isn’t a conspiracy theory. you don’t need to “sincerely believe” it. it’s just a fact. we have proven this.
i feel like warren works for foreign governments to sabatoge america.
not true. the cfpb does fantastic work.
yes, because one senator can pass whatever laws they want. actually do some research into the consumer protection bureau, how warren was involved, what it did for consumers, and how the trump administration gutted it. then you'll have an informed opinion on who is in bed with the banks.
i mean, they are all part of the same broken government body that literally cannot pass anything meaningful unless it is through budget reconciliation (and even then, it is iffy), so yeah, she cannot do anything on her own.
it's worse in the btc sub, they are just circlejerking about the names trump called her and invoking slurs to make their case. no one knows her history on this topic in general, it is just some libertarian fantasy and not based in reality. i said above, she is not perfect, but i think she is just misguided and uninformed. write her, tell her what crypto gives you and why it is better than banking. shit, i can send money on eth faster than i can open up my chase account upon log in (and they claim to hodl my "real" money...).
sorry buds, r-financial establishment dudes and toxic masculinity. senator warren’s bank bashing creds will not be recognized here.
her work in tackling banks was literally how she built her career from the start. this sub is fucking ridiculous. consumer protection from the predatory financial establishment is her champion cause.
it's because crypto investors on this subreddit are like qanon folks in that they think they have an in on some top level shit that is gonna make it that no one but them knows about
to be fair there is "acting tough" and saying mean things to them and actually doing something. i agree she has sounded tough on banks but almost all of them are paid off from banks, make sure to go off what they do and not what they say. but ya, at least shes talking tough. but my question is why is she cracking down so hard on crypto? when it comes to politicians always follow then money
this sub is super right wing. of course they don’t care about truth.
i do not think she sees a risk to the business of banks, i think she sees it as a risk to letting a dark system left to darwinian standards. basically she is a socialist, not a libertarian. it'd almost be weird for a socialist to think everything is great with crypto.
how about leading the establishment of the consumer financial protection bureau she’s literally the queen of financial regulation lmao
>what actual laws or proposals has she brought up in the senate to make real changes? are their any proposals? maybe do some quick google searches before you self-own? this is literally the basis of her entire political career.
i cannot agree with this sentiment. i mentioned earlier in this same sub that everyone is focused on pie in the sky nonsense many times. the 'establishment' of banks and the cheerleading of their impending failure is a fucking bad move. could you imagine if tomorrow the banking system just up and died? you'd not be able to eat, no point to doing almost anything any more. nations would fall, dictators would rise. i guess this is supposed to be some libertarian cj, especially above where i see someone calling her a socialist and kinda doing a no-true-scotsman thing about crypto itself saying we're libertarians. fuuuuck that, i personally think that is a thisaster of an idea. like it or not, slow subtle change is the best way forward. praying for our shared downfall is not only selfish, it is utterly stupid.
go take a look for yourself.
yeah man these dinosaurs talk out their ass and don’t give a shit about any of us regardless what they say. money runs everything and the wealth gap isn’t an accident
agreed. these politicians fear what they can’t control, and a decentralized currency is exactly that.
>it’s either scam and so is the us dollar draining capital from the dollar does not make something not a scam. what's your reasoning behind the equivalence between competition and validity here?
wtf are you talking about? she is one senator...you do realize it takes 60 to pass legislation outside of reconciliation, right? she also is one of the most aggressive against big banks. fuck, some of you are ignorant.
the old tend to protect what is old. even if it does not work, they will still defend what is broken.
you speak'um with forked tongue
well you see. the reason for the outrageous atm fees is to protect you from wasting your money. if you were intellectually elite like me you would understand that the high fees are simply a deterrent to prevent negligence with your money. and you see , the overdraft fees are also in place as a reminder to prevent you from over drafting and therefor saves you money. that’s why i , elizabeth warren, always looking out for the little guy, support the banks in these mutually beneficial arrangements. vote for me in 2024. “ i have a plan for that “
financial decentralization is the anti-thesis of democratic socialism. in order for warren's ideal to work, we need to pool more money together and have a single entity decide how it is allocated. not saying we should not pool money for certain things like roads, water facilities, military. it's really a question of how much government control do you want?
this. warren has always gone after big banks
warren's platform...? you mean her fake progressive agenda she used to fuck bernie? she is just a shitty establishment democrat.
and what's the spoils of her valiant fighting huh? any new laws she proposed to fight this problem?
okay, fair enough on the non branch atm fees, but what gets me about banks is the daily cash withdrawal limits of like -500 at a branch atm is just a racket. especially when the branch bank front is only open from 9-5 in most cases, and that is when most full time folks work. then when i make time to go into a branch the teller acts like i'm a simpleton for not just using the atm services and bothering them... let's be real, the financial industry is a dinosaur that needs to be overhauled.
really? explain. gold is a physical property that goes beyond store of value including uses in electronics, jewelry, etc.
this post is specifically about exorbitant fees. at no point did i claim any of those things.
i specifically mentioned "my perspective", and the topic is exorbitant fees, not corruption.
that is interesting! so warren opposes banks and opposes crypto. then wtf does she think will work for the world's financial stability?
😂 this took 20 seconds to show you’re a fool.
i’d rather be a pickle in cheeseburger from mcdonald’s than a shady banker. ![gif](emoteemo_pack_1nooo)
elizabeth warren completely misses the point that being very good at programming doesn’t make you a criminal. it is almost as if she wants to thiscourage the population from learning that career skill.
oh my goodness, that is such a great way to describe it! i agree. and now on top of that, crypto is finally creating a level playing field and they cry “foul.”
it’s like heads i win, tails you lose
wait wait wait. banks did not just privatize profits, they fucking create money out of thin air and privatize the interest. i tell my kids that the bank is the fucking worse place to put your money. they will use your . it's a fucking fraud.
it's funny how the sheep will always demonize the only people actually trying to help the average person just because they are told to.
so did the bank i worked at, which is a top 15 firm but not nearly as big a bofa.
and no one went to jail… … ever again. the end🖕🏼
"but its your fault!!11!!" idiots think that 200 dollars is reasonable for this
basic budgeting 101. a lot of people seem to fail at that on this sub.
for transactions on the same day? yes they absolutely still do this, the law is that they have to post transactions the same day they are initiated, so they will often post largest to smallest because by their logic bigger bills are more important (rent, mortgage, car payment whatever). i'm not saying their logic is wrong, but getting .
it's like you entered a bad deal on purpose - not because you *literally* have to have a bank and we do not all decide when we are struggling or run out of money. to me it seems to be predominantly teenagers or middle class middle aged people who have never really struggled who have this opinion.
thank you for proving my post and completely missing the point. jfc
yeah obama made it so the bank had to give you the option to decline the charge or not. many used to not give you the option. they'd pay it. when people are scraping by, a random or early charge to your card in the modern world where you essentially need to have one can cause a death spiral. it was extremely common for someone to do bad math or some random thing happened and they are over by a dollar...then suddenly they owe the bank 4 overdraft fees, then excessive overdraft fees because the fees sent it into excessive overdraft and in 5 minutes they are owing the bank . it's absolutely predatory.
is it always though? binance just restricted withdrawals, how do you know coin base or others won’t? banks can’t legally stop transactions unless they deemed it to be illegal. is that what you want so criminals can transact freely like all the hackers who request payment in bitcoin. name an incident where a bank has stopped a person from taking out money for no reason. in fact, fdic insures money in banks. do all bitcoin brokers insure your bitcoins if they were to be hacked into? what happen if you died, how do you transfer your bitcoin to your beneficiaries? in fact, that douchebag pomp tweeted before deleting that the death of a famous bitcoin whale was great because it reduced the supply of bitcoins. also, how do you even know there is limited supply when you guys don’t even know who invented bitcoin. why is that person hiding?
we make the dip so we can buy lower ^(- also gov)
what if the dip dips? ![gif](emoteemo_pack_1dancing_wojak)
am i literally the only one who reads everything in the bogdanoff accent ? *am i leeteraly zhe onli one whoe reedz everytheeng in zhe bogdanoiff akzent ?*
fud zhe market, buy zhe dip
that's both hilarious and a pretty clever idea. donations go to politicians that support crypto?
considering that as of 2018, residents of sa can only transfer up to , and that non-residents can only export a maximum of 15 coins, this is hilarious.
except the name “cpac” is already taken by cpac
that is the same as paying tax, but with extra steps.
¯\_(ツ)_/¯ money is money
people are really rewriting history if they think warren would be heavily backed by the banking industry.
honestly i could not afford to be poor
wow that is interesting about the stoner cat failed transaction fees lol. thanks for the link that's pretty shocking tbh.
as a bitcoin-only holder for a while, i didn’t realize what was happening when my eth transactions were failing. it was an expensive mistake.
this is a crazy false equivalence lol. not putting a high enough gas limit is user error. to compare it to banks charging you for not having enough money is complete bullshit. you know what you're paying before you submit your contract.
except ethereum and bitcoin is at this point one of the only crypto-networks with so high fees, and the fees are being paid to the people mining, something everyone is able to do, if they have a computer. and ethereum is making updates to lower these large fees.
if you are worried about people not being able to pay bills and overdrafts or cradit cards daily wage payout is the worst answer to that problem you could implement. people usually have a terrible money thiscipline that is usually why they spend more then they can afford. if you are not tought saving you would have to live your life on credit if you wanted to buy something... or pay any bills. most of the money they would be paid that day would be gone by tommorow. easy come easy go.i get paid monthly and i budget around that. i've got saveings as most of us do on this sub. daily pay would just get people into.more trouble and debt.
you also realize banks made millions on overdraft fees when covid first hit right? people needed things to survive and the banks made major profit off them. also not all banks give you the option to opt out or at least they didn’t used too.
right?! this is why we need crypto! cut out the middle man!
lol? sometimes that’s not an option bud. think about covid when tons of people weren’t working and waiting on unemployment or a stimulus check and still have to feed their kids and pay their rent and utilities. not everything is black and white bud
i do not like having my transactions traced. i pay in cash.
some banks make it a mandatory feature for their "minimum" or student plans. ya know because they would be the people getting hit with it and would want to turn it off. more generally though now since people pay for almost everything by card, it is probably a good idea to just get an atm card rather than a debit card so you cannot overdraft ever.
lmao yea "i hate banks and the fees they charge" \*_pays
laughs in nano *too fast, too feeless*
im not even salty anymore about getting wrecked from bitgrail. im salty about the joke of a process it was to try making a claim in the bankruptcy case.
do rich people get hit with them? do median income houses with savings built up have overdrafts? no? just those struggling paycheck to paycheck? ok. just checking.
it's impossible to eliminate gas fees for a turing complete smart contract. you need some way to prevent infinite loops. i suppose with vyper and limited smart contracts, you could roll up gas fees into the transaction fee. for transaction fee, the only way to eliminate it is via centralization, or to have market makers (i.e. liquidity pools) pay the cost. in that case, instead of a transaction fee, you're paying a higher spread. that's how stock brokerages work nowadays.
other countries have overdraft fees which work as a percentage of the overdraft & give you a grace period to pay it back. what usa banks do is fucking pure greed and i'm sorry you cannot see that and have to defend them.
but but but... a company that i work for borrowed 120 hours of my hard work, and the other company i work for borrowed 80 hours of my hard work! i will have the money soon, i promise! i just kind of need it now!!
what are you saying? elon *is not* going to fill my bags? but he said we're going to the moon!!!
doge was .00 until more awareness was spread.
bernie was right when he said a woman can’t be president in today’s day and age. and he definitely said it. warren would have been a fantastic president to take on the banks, unfortunately at least half of the people on the left and all of the people on the right are so deeply sexist they view equality as an attack on them.
other comments supporting those dumbass claims spouting off about senators going after crypto because it cannot be used for pac funding, that warren and her ubiquitous use of pacs 🙄.
what are her accomplishments on this front then? banks absolutely raped the us taxpayer with the cares act - picking off businesses seeking ppp and eidl loans for high interest locs. believe, me i had to turn down an 11% loc 3 times before chase would connect me to their “sba guy” banks are shady af. they originate loans and reap the benefits of all the fed brrrr but continue to pad their profits with consumer-raping fees while paying 0.000001% on cash deposits. i hope defi obliterates the banks. 😤
she is done more than talk tough, she literally created the consumer financial protection bureau which is one of the few resources we can turn to when banking companies try to fuck you over.
lefty here and i think this shit is inhumane, telling people they can’t help their families with usd because of the imperialist agenda. feeless remittances powered by crypto have an enormous potential around the world.
well she’s doing a terrible job then
and did not she basically get the shaft trying to run the board? she essentially invented it and the republicans blocked her from taking the lead (or something...?). i did not want to thisappoint you, so i did a quick search. notice in the link she does brag about creating it, the idea, but absent is the mention of running it.
not calling for financial collapse, completely agree that would be a thisaster. but crypto is a nice start to balance them out.
did any of that help? i mean the problem seems to persist right? i am not american. don't have that problem...
exactly, i couldn’t agree more. this whole “failure of a system” was designed to be this way siphoning wealth away from the middle class for decades. i for one am sick of it.
how is she aggressive beyond public lip service? she is one of the ranking members of the senate finance committee... that committee proceeded to let all the banks off the hook and let them write their new laws, while giving lip service to the public... to boot, she directly claims to have "taken on the banks and won", so she has no problem claiming she has the power to do something when it is a lie for her benefit... she is duplicitous scum who uses lip service about "i am for good things and against bad things" to deceive people like yourself, as she pulls the wool over your eyes and goes about protecting the establishment at all costs... but, maybe you can help me understand better how she is "aggressive" against the banks. i'm all ears.
exactly. its funny how so many politicians that claim are “for the little guy” advocate policies that make ppl feel good but actually hurt the little guy. but people soak it up because it makes them feel good.
just got put some basic morals in the speech and the sheep will praise them
*dan pena has entered the chat* **99.99% of people who own bitcoin are morons ... imbeciles**
because they do not understand the new.
warren is not a democratic socialist. she is a snake in the grass neoliberal. when bernie or aoc or howie hawkins comes out against crypto, then let me know.
this man gets it.
democratic socialism is financial decentralization by allowing everyone to participate in institutional ownership.
so what you're saying is that you're completely ignorant of her stances and everything she is tried to do?
if you are at you own branch, surely they have an atm there you can use for free?
idk about you but with my bank if you call ahead then there really is no limit to what you can withdraw from your account. i really don’t think crypto solves any of those problems you listed.
is it such a high market cap because of its uses in electronics? and jewelry is objectively worthless in the same way bitcoin is, it only has value because people have decided it has value. except bitcoin actually has serious value in its censorship resistance and ultimate security.
do you think it’s happy circumstance that allows those fees to get like that? lol no. it’s corruption. banks and governments colluding.
she wants more regulation for both. alot more. she believes government should crack down or minimize risk to the people and any unfair practices that overall hurt the average or poor person.
yeah buddy where are your corporate donors? where is the shady campaign funds coming from? over half her contributions are small donors (less than ), the largest single donation was (she’s a massachusetts senator by the way).
just so you know, if you were on my kids burger, i'd pick you off and wouldn't eat you.
same here. avoiding the banks is the reason i hodl bitcoin and cryptocurrencies
i'd rather be a snail in france than a shady banker
you do directly contribute to the economy as one in a way that few proffesions can claim.
not how i thought about going out before but agreed.
*what are you just staring at me for, bro? i turned myself into a pickle.*
i like being eaten also
go back to coal mining you super shady programmer we told to do this job.
i read another article which listed some of her concerns. by the time i was half way through her first concern, i already knew she did not understand what she was talking about.
don’t overestimate her ability to properly analyze analyze any of this.
it's insane that she has any say in this at all. she obviously knows nothing about it... the world moved faster in the last 10-15 yrs than it ever has before. these old fuckers (i love my grandma and most old fuckers, just not the ones in politics) have not changed a bit, do not understand it, yet somehow still gets to make rules regarding it. should be a good time bros. "regulation is good for crypto"
i would take her comments with a grain of rice. she tried to sell off that she had native indian blood running in her family tree... and eventually got caught in the lie. so, how much integrity does she really have.
yup, in good times, they are making money for their shareholders. in bad times, they are asking for taxpayers money for bailouts.
not to mention they bitch and moan about low mortgage rates yet gouge the fuck out of credit card interest yet only do like .1% on savings account fucking crooks the lot of them
it’s exactly why i refinanced and stopped my credit cards. i just have one now. * taxation is theft. * interest is usury. * debt is a ball and chain. * i told each rep “i am reducing my exposure to banking risk. i am cutting you guys off. i would rather put my money in the brokerage account to get dividends and equity.” the merrill lynch card support rep was in shock. he tried pleading, but i said no. goal - stop the flow of money to them. banks don’t help. the bank account should charge nothing. interest should be 1-2%. there should be a limit on fractional reserve banking. they are unnecessary middle men with bullshit jobs: * bankers * realtors * management * car dealers
yes. and in many of those lawsuits, the banks paid settlements without having to admit fault.
i had to call regions and have them cancel it but they sure did mention to tell me they only help out once per calendar year
i find having money makes budgeting easier.
yep, got nailed in college. got paid on friday, but funds did not "process" till monday. even though all the money i spend on the weekend was withdrawn immediately and i got hit with overdraft fees.
this only makes sense if they’re going to decline payments which the client does not have the funds for. otherwise they’re just taking advantage of you.
not to mention that banks like boa would intentionally reorganize your charges to maximize overdraft fees. so instead of getting hit by one overdraft fee you get hit by 5 because they take out your largest transactions first. i remember i got a settlement check for that for a measly 150.
institutions are already doing that.
the time honoured tradition of corrupt assholes everywhere.
*yuaar nod zhe onli one komrade* ![gif](emoteemo_pack_1dancing_wojak)
yeah, and it will be a governance tokens so token holders can vote on additions
well we are still going to have to pay taxes. this is separate, it will be for pay-for-play political access. we're bringing it to the common man
>aint nobody got time for that. i love that english is not your first language, but you still got this phrase exactly right. god bless the internet
no. it's the other way around. people should know how about much is in their bank account. they also have to sign a form to opt into overdraft. it's illegal for banks to enable overdraft without getting customer permission. on the ethereum side, it is technically impossible to know exactly how much gas is needed, especially when there is unexpectedly high demand. the eip-1559 update is suppose to mitigate gas guessing errors.
agreed with all of your points except that everybody can mine. mining equipments and vgas are so inflated that finding one to replace your broken vga is not easy.
every single bank gives that option. it is absolutely misleading to say they made millions off it after covid when they actually refunded the fees for customers who asked for it back. all you literally had to do was give them a call and they would have credited the overdraft charge back into your account. read the article i linked. they didn’t just halt the fees, because it wouldn’t make sense for them to do that. instead they would want you to give them a call and get it back.
i'm assuming you're posting this from a public computer at a library?
ahh ya that makes sense! and i don’t mean to judge or anything, i’m sure it happened to me back in the day before too. now with smart phones and online banking it’s much easier to keep track of our finances of course!
gas fees hurts my gwei
laughs in 420 gwei
if you’re a single parent that needs to put food on the table but waiting for the next paycheck, you can go buy hundreds of dollars of groceries with money that you don’t have. if banks didn’t offer this service, some people would be worse off. the problem is that most people complaining about these fees don’t know they can thisable the service, and they should be using a no fee credit card anyway.
yeah cause those people don’t go negative into their chequeing accounts. they use credit cards which give them grace periods. which is what the day to day people should do as well.
unregulated ? no that is impossible and would be quite dumb imo. independent ? i do not see why not.
idk what counties you’re talking about lol. i live in canada and every bank charges -. european countries? it wouldn’t matter anyways since they have a negative interest rate (they take your money if you keep it in the bank) it is very immature to call me a boot licker lol.
this is why credit cards are made. getting paid on friday and the bills are due on monday? charge it on a credit card and pay it in full once you have the money. it’ll be free of charge
he's going to the moon and you're the one who will finance his rocket!
and do you think elon was just informing people on crypto and complaining about regulation just because he is a kind soul who wants a bunch of poor people to get rich?
i dunno what that has to do with my comment. liberals are still on the right anyway.
you probably have 0 understanding of financial regulation and that is why you think nothing is happening.
...do you think she is a dictator and can snap her fingers? she is part of a 100 member body that requires 60 votes just to debate a piece of legislation. so go on, do tell what she should have done to pass a law without 59 other votes?
she became senator in 2012. dems had two years and then lost the senate to the republicans. in 2012-2014 they didnt have a super majority and republicans obstructed everything. so please, do tell me how she has not done shit when she is only been part of the majority for 2 years and 6 months, and never with a super majority.
lol what? she wasnt even a senator when they had 60 in the senate. thanks for proving my point. the reason we have the consumer financial protection bureau is literally because of her. but hey, go ahead and tell me more how she didnt do shit when she was a senator in 2009...oh wait...
as to how she went after the big banks? this is as of 2015 and again, thanks to her.
can you give a concrete example of warren doing this, or failing to attempt to enact the change she proposes?
102,33% of statistics put on reddit are made up
i would not describe her as a neoliberal but then again it feels like that term gets shoehorned into a new definition every so many years lol what makes her a neoliberal?
id be shocked if bernie and aoc types like crypto. they love central banks because they can spend tons of money promising free stuff for votes. can't do that with hard money.
socialism is the act of the government ordaining entire industries to their friends, under the guise that the community now owns it (while government and friends now take 100% of profits). government mandated monopolies... now with the illusion that it is 'democratic' so your vote matters (it will matter as much as it does currently, which is none)... brought to you by the very people who regulated things to be unaffordable to the common man in the first place...
i am not american but i know she was in politics for a long while now and the problem seems to persists... so yeah i am indeed ignorant on the specifics.
free atm at the branch without a doubt, but what nags me is the low withdrawal limit per day. i would be happy if it was upgraded to .
interesting... i'll have to check to see if i can do this with my bank. is that on a case by case basis for withdrawals ? or once you call and increase the limit it allows you to withdraw more for all withdrawals afterwards?
ultimate security? explain please. someone can easily hack into your wallet from your computer and steal your bitcoins. not to mention do not lose your password otherwise you are fucked cause you automatically lose your all your crypto. oh also don’t die because your relatives will be left with nothing. i remember the douchebag pomp celebrating death of a bitcoin whale because it would reduce the supply the bitcoin. i wonder what his family thought about that. also, censorship resistance lmao. what are you even talking about? how has the dollar been censored 🤦🏽‍♂️. don’t give me that bullshit the banks can restrict your withdrawals because binance just did that! also, legally they can’t unless they feel there is criminal intent so are you saying criminals should be able to flourish in their activities and able to transact freely? is this why all the hackers want bitcoins?
no, but since it does not happen everywhere it is not inherent to the current banking industry. i am pointing out that this guy is making a poor argument for crypto because he is not taking about unfixable problems within the current system. don't get me wrong, i'm all for crypto adoption, just not when it is build on flawed logic, wishful thinking and the ever present desire to fix regulatory issues with technology that does not actually fix the problem.
ahhhh now i understand more. thank you for helping by explaining. she is more for stronger regulation than opposition.
and this dumb asshole downvotes me. dude, erase your lies and misinformation. warren is a corporatist war mongering also ran fraud. deal with it.
is alphabet? what’s wrong with you? why would you perpetuate this lie when it’s in bold print? 😂 elizabeth, don’t you have better things to do?
i'd rather be poopoo in uganda
or underestimate her ability to let on less than what she may have already analyzed.
i'd bet she is just clueless. watch any tech related hearing and it is obvious that they know absolutely nothing about technology. most of them probably still print emails.
yeah, i wonder when that’ll start going back up. pre pandemic i was at 2.25% interest for my savings account. in march 2020 i got 3 separate emails saying it’s being lowered. i’m getting 0.05% now. cool.
which were probably a drop in the bucket on their balance sheets
makes me remember the movie "law abiding citizen". the guy has a point about the system being broken especially in case of "deals". the solution is not higher fees but prison time for the managers. on some level it is not their money anyway so why should they care? but if is their ass on the line and their time and reputation, this shit will stop immediately. after all, are not their ridiculous wages supposed to be due to their responsibility and accountability?
that's exactly the issue here, well done
so... **fuck institutions?** ![gif](emoteemo_pack_1safu)
neat, but what if a whale snaps up a bunch of tokens and starts steering it to work against crypto?
there, it is more subtle
right, makes sense when you put it that way. can't say no to wider acceptance and adoption.
you cannot opt out of overdraft protection for all transaction types so you can still get overdraft or nsf fees and i've also heard some stories of some banks processing payments in an order that will result in fees being charges when a different order would have resulted in a transaction being declined and no fees being charged.
let's get back on topic. how are gas and overdraft fees related to each other? they're not. they cost people money, that is the only similarity. gas is necessary, overdraft fees are not.
the fact you had to ask for it though is my point. they didn’t want to give it back unless you asked for it. and yes every bank may now give the option but what if you litterally needed to overdraft to keep your lights on or your heat on or keep food on the table for your kids. you’re acting like everything is awesome and banks are doing us a huge favor by charging us 28-30. if i had 50.
i just done arguing with someone who doesn’t get the predatory nature of the banks and will defend them in a crypto sub lmao
> 'day to day people' damn man, you sound like an affluent, out of touch person. ill just say, credit cards are predatory for poor people, getting charged 20-30% apr, making minimum payments barely cover the interest. the answer to 'how do we stop fucking over poor people' isnt 'give them more debt'.
the uk & and afaik, the negative interest rate (which is not even fucking relevant here and it is like 0.1%) only applies to accounts with very large amounts of money in it. look at the chart here: [ 26.59 if it took you 60 days to pay back 500 over drafted. i think that is very fair. bank of america charges .01. hardly the same is it?
that's potentially an option. my banks would never approve me when i would research that option. i would always be denied because i had no credit history. not to be confused with bad credit. so they suggested i get a secured credit card. in which you have to save up like . i never had the ability to save that kind of money during those times. i probably did not value myself enough and helped make unhappy business owners a lot of money. business owners secretly love affordable people. that's me!
or saving? or being a grown up and budgeting?
warren wants crypto regulations, meaning laws ensuring us-based crypto transactions subject to all the limitations of usd transactions, eg prohibited activity such as these remittances
nah, she’s a loser who said she’s a native american. she’s one of the biggest hypocrites in politics.
the effectiveness of a politician is not what kind of rethoricthey can spew on tv to the public but if they can get things done. she is been in politics for a while and the democrats have all the power now so... don't defend politicians they are the worst kind of people and they hate you... republican - democrat it is all the same shit. just talk...
you know what she can do? stop attacking crypto. pretty simple
you're not only right, add in that she never got to actually chair the cfpb that she essentially invented...
look a little closer. in 2008 harry reid appointed her chairwoman of the congressional oversight panel in charge of all of this... i wonder how this outsider became a fucking chairwoman in charge of the biggest crisis of recent decades? that is not indicative of her being some "outsider" to the establishment...
my bad, she was in an even more significant roll that she failed in... she was appointed chairwoman of a senate congressional oversight panel (in 2008, as an outsider, by majority leader harry reid) on this specific issue (the financial crisis)... she proceeded to let the banks off the hook and help them write their own rules... she was awarded with a funded senate campaign and an eventual committee position on the finance committee, where she continued to do nothing... she then claimed she took on the banks and won, so again she is willing to say she has the power to do something when it is to her benefit, so do not act like it is absurd to suggest she had the power to do something. (the consumer protection bureau is another way for government to narrow down the free market and screw consumers until they can position the government as the "solution" to a problem they created. the slow creep of tyranny, always sold as "help" to protect you from your own stupidity)
that did nothing but gave government more controls to fuck up the free market. nothing was done to hold banks accountable or "win".
sure. -the green new deal. making consruction, food, energy and travel more expensive for everyone. -vastly expanding the welfare state, thus making more people dependent upon the government. -cancel student loan debt, which will increase the cost of tuition even more. -massive spending increases that will have no way to be paid except for taxes on the middle class, it will also cause inflation which hurts the lower class the most. -socialized healthcare, which stagnates research and development into new life-saving techniques and drugs. what so many people fail to understand about the policies that warren, et al propose is that there are not enough rich people to pay for them. eventually, one of two things will happen: massive inflation or higher taxes on the middle class. are you aware that less than 47-49% of people in the us pay federal income taxes? there aren’t enough rich people to pay for these things, and because of this, regular people will end up paying for these crazy spending sprees her and her ilk are forcing through.
about 696969% of them are overestimated
i'm a "bernie" type, probably even to the left of bernie, and i thisagree. democratized anything is something worth looking into more. crypto is still finding itself, but the entire premise of the blockchain is inherently democratic. something that should appeal to progressives. i think cryptographic based voting is an area with a lot of potential, for example. on-blockchain decentralized voting - quite resistant to manipulation. wouldn't even need to worry about some central anywhere doing the counts. it would be all auditable by everyone. all votes cast, on the blockchain.
to be fair, nepotism is endemic to politics. republicans are more likely to say, "keep more of your money because you can spend it better than we can" actually that was the same kind of thinking as andrew yang saying, "instead of mandating how people should spend through convoluted welfare schemes, we should just give them money because the individual knows what's best for themselves" democratic socialists lean more towards, "we as a society have a problem and we can fix it together, follow me!" sometimes we need big unilateral decisions to be made like during times of thisaster, famine, and war. but for the most part, the individual knows what's best for the individual and that autonomy stimulates growth and prosperity.
bravo. unbelievable how so many can’t grasp this concept. they just continue to go along with it because it makes them feel good about themselves.
she is one senator. she can only do so much. she is not ruler of america.
so they want you to use the atm, but do not allow you to withdraw what you want on said atm? that's rather strange
it's pretty clear you do not understand bitcoin because nothing you're saying is true or it just misses the point. someone cannot hack my hardware wallet, it is impossible. i can store my private key somewhere secure or separate it and tell my family how to access it when i die. the point about censorship is not that the currency itself is censored the point is the government can make it impossible for you to use the current monetary system if they so desire. they cannot with bitcoin and bringing up exchanges is pointless, exchanges are a way to buy bitcoin but they are not required to send or receive it. bringing up your point about criminals once again completely misses the point, if the government has the capability to restrict your use of the monetary system all it takes is for that power to be abused and innocent people are being effected.
bingo, its why big banks and repubs hate this woman. she is consistent as it pertains to banks and crypto.
her biggest contributor is a university. the only liar here is you. which is no surprise. you like to believe in fairy tales.
what’s an email? we got this new fangled thingymabobby called a fax machine in the office- it’s great, i can type a letter on my typewriter and post it in the telephone!
use decentralised identities to limit token ownership per account maybe or use nfts to give accounts certain powers
or the equivalent of putting a basket on top of regulator's head.
> gas is necessary then please explain how there are cryptos without transaction fees.
asking for it back should not be an issue at all. the bank let you use their money when you needed it and all you have to do is give them a quick call for you to not be charged for it. let’s say it was pre covid and the banks did not give the fee back. you have to pay a bill for . instances like this are why credit cards are created. bank lends you money for 21 days at no charge. now if your credit is too bad for you to even get a credit card, that’s because you can’t afford the loan and the bank doesn’t trust you would pay it back.
pay the credit card off every month. either they are spending more money than they have and thus getting charged apr or they are using it correctly. you should not be paying any interests on credit cards at all. you either use a credit card responsibly or you do not. its harsh but its the truth.
dems have all the power? they are tied in the senate 50. seeing as how you admit you are not american, didnt even know the legislation she has sponsored, and now go the 'there is no difference' route, it is apparent that engaging with you in any serious conversation around us politics is a waste of my time.
she attacks the banks and crypto. equally. you may not like her perspective on crypto but it is no different than her perspective on big banks. she is consistent.
she was a professor...reid appreciated her views and expertise... but sure, totally an insider... haha
lol wtf are you on about? let them off the hook? she wasnt a senator. are you this ignorant??? dodd frank was hampered because of senators like max baucus, joe lieberman, nelson, and others. they also fought her on creating the cfpb. you really are one of the most ignorant individuals when it comes to thinking what you say is fact. i literally watched the cspan coverage of dodd frank being debated, followed the legislative process, and watched warren. the ignorance in you is quite impressive.
hahaha ohhh, you're a 'free market' soldier. now it makes sense.
this reads like poorly sourced scare-mongering with zero basis in reality... oh.
taking tax money and then rethistributing it is not letting people "keep their money", in regards to andrew yang... letting the government decide who does and does not "get their money back" may not be socialism, but it is still a flavor of government tyranny.
if she cannot get things done and she is in politics for decades now then she might not be the most effective of politicians ... might be time to get a bit sceptical of her if she is just talk... democrats have the house and the president now right? might be time to fight for anti bank law now right? yeah... no... politicians suck. don't defend them. they hate you.
why are you guys suddenly paranoid of the government? this whole fear mongering is to pray on the stupid and uneducated. basically it works by creating an issue when there isn’t an issue and then selling it to idiots because they are void of any reasoning, like you. also, here is an article on how hackers can steal your bitcoin including from your hardware wallet that you claim someone can’t: it’s pretty clear you have no objective in your support of bitcoin.
you’re a perfect warren voter. a deluded psycho like her. keep downvoting you pathetic tool.
vote the bastards out
boomers are gonna freak out at magic internet moni and you're planning to introduce them to mystical tokens ? 😂
old politicians: "that's somehow made by shady mean super coders"
your solution to the predatory behaviors of banks is predatory lending…from banks…
you obviously have never had to decide whether you should pay utilities on time or put food on the table and it shows.
so the banks charging me 8.50 on top of the 3? i pay to use my money, i pay to use their money but when do they pay? oh yeah .15% dividends each month from them. thank god that covers the 8…oh wait it doesn’t…
defending politicians is a waste of your time. they are parasites who hate you...
if she understood crypto she wouldnt attack it. in one interview she claimed that cbdcs are potentially an answer... how does that jive with attacking banks?
lol looks like you dont know much about crypto either then... cbdcs do not equal decentralization
so she was in charge... i thought you said she was not because she was not a senator yet...? she failed arguably intentionally, then lied and claimed she won to fool ignorant people who want lip service... period.
yeah, she was not a senator yet still got appointed chairwoman of a congressional oversight panel in 2008 by majority leader harry reid... about this very issue that she completely let the banks off the hook for... how very anti-establishment, lol. and yes, free market advocates in the senate debated her over her new regulatory body, as they should have. fuck her government control.
so you subscribe to both sides of the propaganda stream? is that all you know is the news and narratives of both propaganda streams?
nice pivot. as i said, she was in charge of the financial crisis in congress (without even being in congress) and she let them all off the hook... beyond that i am not interested in some propaganda outlets framing of her new government regulation body and why they think it is a good thing.
no wonder you excuse her failures, you are to caught up with hating capitalism to pay attention to what is actually taking place outside of the propaganda. all someone has to say is that they are "anti evil capitalism" and suddenly you could care less that they protected banks and establishment powers.
k. good luck to you then.
i missed the part where warren advocates for taxes on the middle class. not like she is been a major proponent of wealth or inheritance taxes. jesus christ these idiots man...
why are you even posting when you are this mindlessly ignorant of the subject? she is been a senator since 2013, not even 10 years. jesus dude. do like any research at all before speaking.
that's ridiculous, why are you still with them?
>why are you guys suddenly paranoid of the government? this whole fear mongering is to pray on the stupid and uneducated. basically it works by creating an issue when there isn’t an issue and then selling it to idiots because they are void of any reasoning, like you. are you american? you just called the founding fathers idiots. quite frankly anyone who does not have healthy thistrust of government is one of the most ignorant or stupid people on the planet. you really cannot get any dumber than trusting the government. you did read that the vulnerabilities have been fixed right? oh and they needed physical access to your hardware wallet to even try hacking it.
you keep on lying to give yourself some sense of worth. its all you have, really. and if you cant bring forward a corporate donor that presses her on banking or crypto, just cope harder man. but this is just cringe.
you say that as if we have a fair and functional democracy. we have one of, if not the worst, functioning democracies in the developed world. unfortunately, it’s not that easy in a country where a rural minority of the population is granted massive voting power and ease advantages, especially at the state level.
dude, nothing freaks out the boomers more than when they keep trying to poke holes in the technology and they can’t. we got in, they didn’t. the longer the conversation goes on, the sooner that the realization slowly dawns on them that they’re late. very late. but they just don’t feel comfortable with money they cant hold in their hand (unless it’s in a hardware wallet - but they don’t like that answer either 🤷🏻‍♂️).
bit agist isnt it? :. every generation makes new crazy games. plenty boomers willing to play the new game if only you wernt just calling them names and instead gave them the rules.
devs should defo get nfts with that quote :p
how are credit cards predatory lending?? they have to give you 21 days to pay it back. some credit cards like amex give me 55 days to pay it back. i have almost 2 months to pay for something i bought. free of charge. i think you’re forgetting the main issue : you get to use money you do not have. free of charge. for a decent amount of time.
what? address the points i made instead of deflecting. i am blessed to have never been in that position, but i know what to do if i was in that position.
i'll defend any person who does what is right regardless of their motives. the fact you equate a party who sought to steal an election, hates members of the lgbtq community, wants to let people die instead of giving them healthcare, denies climate change and more with a party that holds the opposite views and actually has acted tells me all i need to know about you and your intellectual laziness. i'm done.
what? do you not even know her history? her entire career has been about punishing big banks
lol so which is it, she let the banks off the hook or tried regulating them. also, seems you fell for the gop ads in 2011. not surprising.
let them off the hook? lol ok karl rove
lol ahh a capitalism free market soldier who doesnt know the difference between could and could not care less and has not provided any actual supporting links or data to his. on one hand condemns warren for not regulating the big banks and then also ignores when she helped create a governing body that has helped do just that in the cfpb and then also condemns her for being anti capitalist lol. this is fun.
where is there a 'free market' in america? you just think everyone in this space should be some libertarian ayn randian selfish asshole. it's a stupid idea that is never really been tried. i think you need to actually read adam smith. then realize that without some sort of government intervention the great country you love would be utter shit right now without it. you probably champion reagan thinking he deregulated everything, when in fact, he caused rent seeking behavior and increased regulations to benefit the top tier. the opposite of any american ideals.
her policies require tax increases on the middle class, just because she does not say it, does not mean it is not true. all politicians for these policies pretend they would not come with tax increases outside of the rich, but the only way to pay for them is to raise taxes on everyone or just put it off and let the debt keep increasing exponentially. the republicans are no better when it comes to the debt. they do the same shit saying they will lower the debt and spend conservatively but then they run it up just as much or more than the democrats.
i am just saying the problem persists and you are defending a politician because she talks about it for 8 years now... but did nothing to help.it clearly... stop that kind of thinking. don't defend politicians they hate you...
honestly i have been too lazy to shop for a new bank bc i do not particularly like going into them...
your kidding right? founding fathers also owned slaves so i’m probably un american for being against that as well. healthy thistrust is one thing you guys have paranoia
it’s all there. amazon, the banks. pocahontas is on the take and always has been. you’re just butt hurt because you got pawned.
don't buy that bullshit. we're not perfect but we're doing ok. the ship turns slowly by design.
haha just for the fun bro, the average guy just hates new tech and are not bent on change. my gramps actually owned some btc untill late 2017 apparently :o
it’s a slippery slope and they know it bro. i’ve had to use credit cards to cover expenses and i’ve had good intentions to pay them back. but every time i plan too another expense comes up and they keep adding up and adding up and it’s legit hard to get out of for real. for people who don’t have an emergency fund credit cards are not the awnser
sure but credit isn’t the awnser. using credit cards is a deep deep hole that’s hard to dig your way out of especially if you are already in the hole. some people in this country work for minimum wage and barely have enough money as it is to afford the rising cost of housing, and food thanks to inflation and the banks covering an overdraft for you is basically credit which they charge you to use and your response was to get a credit card which they also charge you for
wow so your one of the blue-anon. sheesh sorry i started. you seem to be loong gone...
why would she push cbdcs then?
she let them off the hook and pretended to regulate them by giving lip service and giving the government additional unrelated powers and authorities.
alright let me step back and say my issues with warren are not with you and i am in the wrong for responding to you with hostility... people like elizabeth warren have pulled the wool over the eyes of people like yourself, and i do not like that. my issues are with her, not you.
who was arrested? who had their licenses revoked? who was fined more than pocket change? she let them all off the hook and used the situation to propose more government authority over its citizens. evil.
"you have not provided any propaganda links so you are wrong" lol. she was literally in charge of oversight for the financial crisis in congress, and failed. providing you with propaganda links or suitable "evidence" does nothing to change this basic fact if reality.
i'm gonna need a source because everyone else is here is just as misinformed on her as you seem to be. she comes to the table with tax increases for rich, and it is always centrist dems or republicans who say that is a line they would not cross. they instead propose middle class taxes or benefit cutting, and the rest of the legislature goes along because "bipartisanship." warren herself does not want to raise taxes on literally everyone. i believe it was 400k or more.
you are completely and utterly ignorant on this topic. you're just making yourself look like a complete fool.
my bank here in australia does not have any branches at all... makes it easier to be honest since they have to find a way to do everything online... and the daily withdrawal limit is whatever is in my account.
>your kidding right? founding fathers also owned slaves so i’m probably un american for being against that as well. healthy thistrust is one thing you guys have paranoia ah yes, so everything they ever said was wrong, that makes sense. i'm not paranoid, i laid out a perfectly reasonable explanation of what could easily happen and if you had any historical knowledge you'd know it is happened thousands of times. governments often turn on, in fact i'd say that is more the norm around the world throughout history than the alternative. it's only in recent history that things have been better in much of the world, but if you just look around you'll see many governments oppressing their people right now.
but its not there. you posted the list and you have seen who her big donors are. its not amazon or the banks. you are just unable to cope and you like spreading lies. again, to have some sense of self worth, i get it. but its so cringy dude. better keep that garbage contained on .win.
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i imagine they are gonna attract people with crypto payments only to later give lower prices on (fees, txs, perks, etc.) for the amazon token holders much like what happened with bnb.
amazon token, i dont like that for some reason.
thank god. i was hoping for a completely centralized and corporation dependent coin. i was sick of being able to make money without corporations getting a cut.
i wonder if this “insider” knows the hacker known as 4chan.
per the insider: >ethereum, cardano and bitcoin cash will be next in line before they bring about eight of the most popular cryptocurrencies online. it won’t take long because the plans are already there, and they have been working on them since 2019.
amateurs can fucking suck it
amazon coin ? what? anyone has any take on this? yes, good news is good for bitcoin and crypto in general but i feel like this would be a way for inside dev's to dump their bags on retail
this has such south park ["reported"]( vibes
insider?!? you son of a bitch, i'm in!
there was a saying "i owe my soul to the company store." it referred to how coal companies would pay there employees with tokens they could only redeem at the company store or with the company to pay for basic needs. it was a form of indentured servitude by financial bondage.
what they should really do is cure their own ham, so they can be called hamazon.
amazon's token can suck my dick
> cardano > bitcoin cash i smell an “insider” trying to pump their bags from 2018. a lot of bs has come out of bezo's mouth. _"we need to accept bitcoin cash on amazon"_ is not one of them.
is this why bitcoin is going up?
“insider” real a class journalism here. insider said xrp is going to 589 i heard. another insider said nano is making a comeback into relevance from 2017…. another insider said buy shiba inu...
don’t rush into buying the amazon token guys wait at least for a month after ico.
and there we go again bitcoin 100k
one of the most centralized capitalist entities creating its own token is against the overall movement. i wish they could stick with the current decentralized projects. could be good for exposure but nothing more.
this is more bullish then when tesla announced. as i could see myself buying a video game off amazon with btc. but never a tesla
why would anyone want to pay with bitcoin on amazon? it's the worst form of payments for small amounts.
bezos wants to be elon so bad
well, this is huge
money is not money anymore. this escalate into something different slowly.
i’d invest in amazon coin, that shit would pump
whole foods uses flexa. flexa’s coin is amp. 😎
if amazon integrates bitcoin ln, i really think that will take btc to a new ath
lol another anonymous 'insider'.
please stop the matrix. i want to exit. this is bad for decentralisation. amazon is an evil company. edit: typo
late time an insider leaked so much snowden was on the news.
wonder how they will deal with the transaction fee and fluctuate price
new way to go for an other round in the space with our coins ,
shit coins that can be printed to infinity are not something you want to spend good money on.
based on the newest spaceship, i’d have guessed
they are more and more aware about the fact that the world's finances will be like the internet today. we need interoperability and applications that could bridge the traditional finance with decentralised finance because the future is about tokenization.
huge news, like it or not, this will make people take crypto more seriously and will lead to some serious adoption, especially by leading e commerce competitors
accepting cryptocurrencies it is not a bad turn on its own, but creating a coin is not necessary i guess. works only one way. when we did research on the [businesses accepting cryptocurrencies]( we found a source that amazon soon will start accepting crypto. and it is happening, but not in the way anyone intends.
imagine this, amazon pays its workers with amazon coins. they have practically become their own country. they have their own private security force. their own space program. and now they will issue its own currency.
cool to see more adoption, but they can fuck right off with their own token. i will never use company specific tokens
i looked it up and . maybe they should name their coin
amazing for adoption, amazon is so huge!
wouldn’t surprise me if after launching their own token they stop supporting any mining. take over a space and shut out competition. add in a sprinkle of not letting workers use the bathrooms and you have the bezos method
my unpopular opinion : we dont need amazon coin we need new companies and new ideas to solve real world problems with crypto why the fuck create a new coin if your coin has no difference from other coins
i just wanna say fuck amazon! my order was supposed to arrive yesterday.
let's fight them with moon!
what will happen if everyone introduces their own tokens that is not crypto
every store will has it’s own token; "khajiit has wares, if you have my coin"
bull run by 2022
yea guys, i wouldn’t take this story as gospel quite yet
dont send him your bitcoin!!! fuck bezos
and of course the token will surge cause amazon is so big it’ll prolly make products cheaper if you buy using their token
i'll avoid bezos bucks (maybe a few plays if its volatile)
just great. now bezos is going to the moon!
will amazon’s coin logo have a penis on it like it’s logo now?
i'm torn on this. on one hand i hate amazon and they way they work the labor force to the bone for peanuts. on the other hand i love bitcoin. so not sure how to feel about this
soooo are we gonna let amazon take over the world, or nah?
just another way for bezos to get back into space. “i just want to thank all of the amazon employees and all of the amazon purchasers who made my dream a reality.” or some shit like that. note to self: 1. build empire 2. get divorced and split everything 3. go to space 4. thank everyone am i missing anything?
everyone wants to create their own token, wouldnt that complicate things?
jeff bezos went into space for 11 minutes. he’s not exactly vying to be the new buzz aldrin. having said that i’d he happy for his company to adopt crypto.
and those token will thisappear after we do not use them for more than a year. no thank you.
want this to be true but aside from the much reported amazon job listing the only evidence that is presented is a quote from "city am" which is a news organization i'm not familiar with and the quote is anonymous. seems like a move amazon could make but i need more facts before i determine which direction i think they are headed in.
and then amazon owns the world's most stable currency like they are not already taking over everything like the empire in star wars
regulators already killed ton and libra, you think amazon's token would not meet the same fate? i doubt they will be able to pull this off.
apple is up next for crypto adoption. calling it now since amazon is on board, with timothy apple launching the icoin in 2023
every single big tech will have their own coin. why would they ever buy some coin some rando made over their own? they control supply, and everything.
it’s a crypto gold rush when every company wants to create their own now
you know what they are going to do with it right? they are going to start paying their workers with their own coin that they can only spend at amazon. the company store is making a comeback.
ive been saying for months that big tech will come in, and make their own coin and it would kill any competition a coin that doesnt have billions of dollars behind it to back it.
why do stores not understand; we don’t want or need a new token, just accept the existing ones.
sources are saying only moons will be the only crypto accepted
there's a good chance it is fake news, dont instantly believe everything you read like this
that is one token i won’t touch with a 10 foot long hard wallet...
by 2025, amazon will probably be paying their employees with their amazoncoin™
i cannot wait to see how well their workers mine the amazon token.
they're most likely going to experiment and see if they can integrate crypto into their eco system. it's not like they have hired a full team already. big companies have a lot of experimental projects on the side. when the times comes, i'm thinking they might integrate a few popular cryptos in amazon pay.
an 'insider'. wtf. i like good news just like anyone else but calling this a source is hilarious. what we know is that amazon is looking for a software lead for crypto. that could mean anything or nothing. media currently is going all in against crypto. never before i felt more like this is not organic. let's be better then them. let facts speak. time is on our side.
this is definitely the fastest way to get politicians concerned about how companies use crypto.
the us government is not going to let this slide without regulation. if they shot down facebook coin, they will shut this one down too
damm it they stole my idea
prime member cryptocurrency rewards would be an interesting potential feature.
it’ll be called bezos obvs
bitcoin bought to be super broken.
i wonder if i need to return an item, do i get btc back or amazons shit token? ... yeah no ty i wont be giving my crypto to amazon.
this shouldn’t come as a shock or surprise to anyone in the crypto game. this is the future. get onboard or get left behind. keep hodling
amazon basics coin? this is what amazon does and does well. it spots some item everyone needs (batteries, for example) turn sells it’s only branded version at max profit to themselves. can’t blame them, it works well. i can see them taking a few common existing currencies but ultimately they would offer incentives to the use of their own coin. why give even a part of the bi? it’s not like they’d thisappear overnight or scam the entire nation. anyone who doesn’t buy whatever they launch on day 0 will only live to regret it; how can it lose?
this is huge. integrating e-commerce with crypto will be huge
good that they accepting bitcoin but not sure how i feel. about their own coin. kinda gives that evil corp e-coin vibes from mr robot!
isn't this insanely bullish or am i missing something? we might be in for a shorter bear period than we think...
this is going to be regulatory hell
i do not understand why so many comments here are negative to this, this will further decentralization not limit it. if amazon coin becomes tradable against other cryptos, then the market expands and more liquidity is flowing within the crypto space. even if amazon incentivizes a local ecosystem where consumers receive benefits for using amazon coin, it is still a centralized system within a decentralized financial space, which is what we want.
amazon would wreck coinbase if they decided to host an exchange. aws is no joke.
jeff bezos about to pull the biggest pump and dump of all time.
"hey, we're going to incorporate bitcoin into our payment methods but also we're going to create our own crypto because fuck you we're amazon"
it will be interesting to see how they navigate the regulations given that amazon is already under scrutiny. maybe we'll get an amazon smart chain.
they will pay there employees less and split the difference with the coal miner coin probably
i’m tired of all these crypto platforms. we only one or two not one coming out every month.
if amazon does it it may decouple the price of products from real dollars. this is a bad sign. not a good one.
and just like that we headed back to 60k
how about they bring back prime two day shipping. i rather have them do that…. it’s great for bitcoin. edit: word
yeah no a business like amazon has no right having a token. they will absolutely abuse it by paying their employees in only that so they are forced to buy from amazon
great. now i'll need a different "company currency" for every store i shop at like how every tv channel has their own streaming service i have to subscribe to. what's next, a subscription service for subscriptions?
this pump could have been single-handedly done by cryptocobain as amazon "insider"
fake news for the last exit pump? 😅
this insider must patrick because they live under a rock
purse(dot)io has existed for years. it accepts bitcoin cash bch. buy anything on amazon with it.
if this comes out true jeff bezos will literally take bitcoin to the moon along with him ![gif](giphyl4khorp5fghvlqt6mdownsized)
own token? jeff bezzos smelling money 🤑!
bitcoin payment is total bullshit. if you want to see a company that is not serious about crypto, but wants to pretend they are, then they accept bitcoin for payments. totally wrong approach. the right approach is to support stablecoins, of course. nobody with a room temp iq wants to buy t-shirts or school supplies with bitcoin. but using stables is a massive game changer. the crypto world needs to relegate bitcoin to its digital gold status and get on with revolutionizing payments. bitcoin - the boomer coin - is slowing us all down.
so the guy that takes most of your money, now wants you to convert what little money you have left for yourself, so he can take it all! hooray!!!
it’s our duty as a sub to bully everybody who holds amazon tokens
i am happy but at the same time scared. i dont know if amazon accepting crypto will be good or bad long term. we will see.
what are the chances that it even makes the mainnet?
but, bitboy just told all his followers it was amp and algo? he just told all his followers he invested into those two for this reason lol man, that guy is such a fucking shill
bezocoin? - no thanks.
so you will pay .
in 2023, this will be the most expensive and coveted crypto, i promise.
they let people pay with bitcoin, who realize they pay a lot in fees and right after that they will release their own coin with less fees and some extra benefits. classic amazon move
which includes cardano as well
jeff bezos is no longer a greedy capitalist pig for this play
this sparks joy. what a beautiful green dildo, i suspect due to this news here!
is the coin gonna be called a bezos?
does this cause you to finally suspect "maybe crypto is not as subversive or revolutionary as i thought,"?
if this happens... bezos>elon confirmed
leet's se how it goes with their own token might be a good idea to buy in the initial stage
this...is not the way!
zon would be a cool ticker name to release in their first ama
a shitcoin that will probably rank high than great ones
how many of these posts are we going to see? like come on we get it already!
freshest shitcoin coming up
great... an amazon shitcoin. not.
facebook tried to make a crypto and didn’t work. i don’t think amazon will be successful at it either
i’d buy some amazon coins why tf not.
told ya, they want their own bezos coins.
im all set with supporting bezos in any way especially purchasing his house token... although do think the acceptance of btc is another great signal for cryptocurrency as a whole though...
amazon token better be proof of work since they overwork their employees
watch, amazon will start paying its employees in scrip, err..., tokens* *only redeemable at the company store
cryptocurrencies, govcoins, now company coins or comcoins?
that amazon token gonna be terrible. i don’t want that in my portfolio.
reminds me of that evil coin from mr. robot.
a few minutes in space and this bezos already got hypoxia or where does this shit idea of a shitcoin come from
i’ll still just use fiat to buy on amazon.
i thought i reposted this late sheesh
now this reminds me of something. what happened with the facebook coin?
wen amazon take over world?
now that is how bezos gets to be liquid in all those billions ? pff... "amateurs can fucking suck it!"
bezos coin, like tezos but instead of 5% staking rewards you get involuntary bezos tithes.
i wanna earn amazon token from playing new world.
haha so which corners of the trilemma do y'all think they will be focusing on?
also in 2022: i'm not renewing prime.
this is seems to be a good news haha, but they would need a lot of banking considering the size of their company, mass adoption is the key to success, i think kuva network can help the in.
you can buy anything on amazon using crypto with [shopping.io]( right now
cool but…how and why?? this is so odd.
own token again. lol
lol, you think amazon will have specials on their prime day coins?
i told everyone this 5 years ago. the amazon coin makes the most sense. you are going to buy shit with it, so it has some kind of value for stuff. money is no good to you as money, but stuff does good for you, so there is a need for a value-token based on stuff.
of course bezos has to come in and try to ruin crypto to line his pockets even more. go back to space rich boy!
this is illegal right? we're going back to company scrips???
i know prime is great for lots of stuff, but nothing beats costco prices
i tend to buy amazon gift cards to get the extra cash back anyway… let them sit in my account until i spend them, it’d be nice if that money earned staking rewards
they should give employees a bonus of tokens. would potentially increase use of crypto.
10 years from now crypto is going to be like what's happening with streaming services now. every big corporation is gonna have their own token.
fuck bezos and his shitcoin
and all of a sudden it was a flood
so, the crypto enthusiast in me hates that amazon is getting into the game and will have their own token. the capitalist in me is going to buy the token day one lol
i love posts about this on r"amazon to launch bitcoin payment" instead of using cryptocurrency in general. but also here: >to integrate bitcoin payments they mostly want to use like 8, not just 1 and also they want to keep it centralized as possible sadly because of regulations.
as much as an amazon token would defy the concept of crypto (by being controlled by a centralized entity) i think that it is rise is inevitable given how much amazon is used might buy a small bag and hold because as long as amazon is relevant, so will its crypto
thoughts on amazon native token on cardano or other blockchain?
i'm sure it will launch deep into space and too the moon like dicklord claims he did. lol.
as an outsider myself, i prefer confirmations from insiders. outsiders would just make things up.
this is absolutely bullish. the masses will come in flock. load up your wallets, fellas. we have 1 year left.
at the very least, it is a big step towards worldwide acceptance of crypto.
please do not launch on bsc.
great, so i do not have to convert everything to amazon credit via bitrefil anymore x'd
this is great news!
an amazon coin could end up highly centralized.
i bet it is going to be called amaztoken. i would buy it.
i hope their token fails in epic fashion like facebook. fuck that noise.
the pieces fall 1 by 1
excited for the boost to the crypto sphere but it wont stop me from avoiding buying from amazon whenever possible
they're also hiring a crypto guy. let's make a deal that if one of us gets hired, we let everyone else in on buying the coin before public release like all the rich folk do.
so now i know where to drop the coins when they dip
shit of the shittest coin
i wonder if you'll have to pay taxes with their new token
how about a wallet?...
gamestop’s going to beat them too it. there playing catch-up and want the world to know.
it was a matter of time before the big companies would come with their own coin.
dickrocket - a amazon coin to penetrate the market
maybe amazon will fork ethereum and call it e coin...
giv jeff your ffiat not your crypto, why give something of value when you can give something that is useless.
if this is true, then that’s gg. i’ve always considered amazon adopting crypto transactions to be the endgame.
their transactional coins are definitely called amabots
website for each brand -> apps for each brand -> coins for each brand. like all the coffee apps where you load your card and money just sits there.
if that’s real it’s going to be huge. imo crypto is getting bigger by the day, regardless of price action. we just have to be patient
you think there are a shit ton of dif coins. wait for big business to put their fat fingers in the pie.
what's the opposite of bullish?
is the insider your grandma’s fiancé’s son’s sister-in-law’s neighbor’s wife’s boyfriend? at least give us a name so we can call them names...
neblio is up hard today. was up 10%
while i take anything from an anonomous insider with a giant grain of salt. amazon entering the crypto sphere is huge. hope everyone can pack their bags in time before we are of to the moon again.
in my honest opinion as soon as major companies start producing their own crypto. the future is gonna be dystopian as fuck.
i can see corporations visiting this thread for ideas to present to the board for their new token.
why is your name blue?
a corporate currency? getting big mr. robot vibes here
on the algorand blockchain?!!?!?
they are probably gonna start their own exchange and coin. best way to do that is by this method.
is there any reseller platform that currently allows people to accept only crypto payments?
i cannot wait to sell my stuff for bitcoin!
aww the famous bitcoinist source, world awarded journal, we can really trust it ppl are so gullible ahahah
who the fuck cares
if this get confirmed like with a real real confirmation, we are all getting to the moon
i've never heard of city am, is it legit?
> it own token will this goes down like libra?
and now if the req devs were to release payment software for online stores it would be a great thing...
>ethereum, cardano and bitcoin cash will be next in line bitcoin what now? lol? out of all the top quality cryptos they want to integrate bitcoin cash?
i’d would be great if they gave lower fees or something for token holders. this is awesome
replace gift cards with amazon token which you can stake…
cause you know - we need another token .
there use to be many mining towns that were built and operated by companies while they mined the area. they had stores that accepted tokens, created by the company, and were paid to employees. everyone used it because the stores accepted it and it generally didn’t cause any inconvenience. the non-company businesses quickly died because they wanted compensation in cash not the company tokens because they couldn’t pay bills with it. when the company left, not only did the jobs leave, there was no economy, no other businesses to employ people and no money to buy food for your family. seems oddly familiar with the idea of an amazon buck.
there’s about a 0% chance of me buying any bezos coin
2022 bear market cancelled. maybe this is why we are having a (mini) bear market currently. living in a simulation confirmed. bull market confirmed for 2022 as well.
i buy a ton of stuff on amazon, so bring it. i'd love to be all crypto.
when crypto competes with fiat and effect monetary policy it would fucked. this is not good... leave it as an asset class.
if i had a moon for every time i read this
amazon is becoming the new world government
qnt. already has amazon web services as partner. this will be the overledger for multiple blockchains to be connected thru a single gateway.
wonder if amazon coin would use ethereum platform?
oh shit baby let’s go!!!!
strong hopium itt for an unconfirmed rumor. like how many times can you fall for the same joke?
terrible, terrible news. probably worst case scenario. i’ve been warning about this for months
great another shitcoin that completely defeats the entire purpose of cryptocurrency
bezos gotta make money somehow for the next rocket ride!
i could see lots of companies doing this, not least supermarkets, with loyalty points.
amazon coin: fully centralized with admin keys.
i have heard this since 2017
i sold my soul to the company store.
ah, yes, the bottle of urine coin. it’s gonna be huge.
amazon are the true scumbags of this earth so i will hold my ethical standards on this one.
how long till employees get paid in bezoscoin and can only spend it at the company store
source: trust me bro.
amazon will be paying warehouse workers in bozocoins in the near future.
it was only a matter of time, honestly surprised it took this long.
oh cool, let us just give bezos all the money.
amazon has been working on crypto integration going back as far as 2017. something about this “article” seems like a bit of “hopium” though. the bcash integration makes little sense, since the coin is owned and used by so few.
let's all be honest with ourselves here, they should call them bezos. all the big corporations are going to start using proof of stake as a replacement for shareholding and it is going to destroy the world economy. can't wait to only be able to pay for groceries using bezos, bills, and elons at the local costco!
if this is some loyalty coin shit token then it sucks. no better than air miles, aeroplan points and the rest.
amazoncoin let us fucking go
bezos is really trying to go to the moon…
lmao. the point of crypto is having no governing body. no ceo, and be decentralized. fuck amazon coin
do the accept disney dollars?
this is actually genius! money doesn’t mean anything anymore so companies may as well make their own currency and cut out the banks. also they can charge whatever prices they want like 10 amazon coins for a vacuum cleaner. 10 amazon coins being worth ….
it surves two purposes, one it’s a currency two it validates server logs.
amazon’s even trying to own the currency now
amazon coin has some taste of binance coin. hyper centralised, will become essential. maybe like shops refunding in gift cards, they will refund in amzs.
if it is not called bozocoin then i do not want it
if you can’t mine... or worth it... plus amazon coin... fuck that
anyone ever read snowcrash? big companies have their own currencies that are separate from the dollar. you got those kong bucks?
i would like to get paid in bitcoin if i own a shop on amazon.
so...where cani buy the amazon coins...like a lot of em?...
buy clsk thank me now
i'm so confused. am i supposed to spend my crypto or hodl and earn interest on it?
just like e-coin from mr. robot.
. . . why would amazon accept any coin other than their own? that's just stupid and giving up extra profits. plus it allows people to short their coin and ruin its buying power on binance and other exchanges. if amazon ever gets into crypto, they are making their own coin, mining it themselves, making it the only coin accepted on their site, and probably using it to offer prime and other amazon services at a thiscount for adaption. they're freakin' amazon. they do not need to worry if exchanges will pick them up. people will flat out buy the coin directly from the amazon site if amazon wants. they do not need exchanges to host their coin at all. \*edit: source: am an insider, trust me, wink, wink
f amazon! and f amazon token!
seems like two things here. 1) you can send btc to your amazon account. 2) amazon is offering an easily transferable electronic gift card dubbed amazon coin. both are great options.
trying to keep up with gamestop
for fuck's sake, somebody save us from ourselves
i'm not a fan or corporations creating their own coins.
finally a reason to restart dca into bitcoin cash 👍🏼
yet another massive corporation trying to hoard all the supply. they all know btc will eventually boom again to crazy highs like it’s done several times already. better get your sats now before the supply dries up.
take my money, i mean crypto jeff!
they better call it safejeffshibamazoge or i'm not buying it.
cash in your bezos bucks for trips to space. spaceish.
this headline sounds way further out than it really is
and here comes the artificial rise
shit they saw what the gaming company was doing and need to get in on the action before they become irrelevant
why do i feel like they’re just going to collect bitcoins and let the value go up.
i've been waiting for one of the big guys to re-invent this wheel. so, do you think it will be "buy with a-coin today and get 10% off!" on amazon? i expect v-coin from visa would not be far off either. hmm.
i love it, love to hear it, what do you think he means by it?
yay, a probably centralized token comming in owned by a massive corporation. exactly what crypto is about
who the fuck buys anything "legal" with bitcoin???
i wonder who's gonna mess with their shitty token though
i owe my soul to the company store
lol crypto bros cheering on the largest corporation on earth creating their own currency what happened to decentralization?
once amazon gets enough bitcoin, bezos will become king of the earth. alexa, play that bo burnham song.
theyll pay employees with amazon coin or some bs. the fuck is the difference between an amazon gift card. dystopian shit.
so, if companies like amazon and apple make their own tokens and then successfully integrate them into society on a massive scale, what does that mean for the future of currency? and then what if that causes every company to start making their own tokens?
just news, but i wonder how would refund work for crypto as it can only be sent 1 way.
why would i use bitcoin to buy shit on amazon when i'm going to be taxed on the transaction because it is not "legal tender." unless bezos has some serious lobbying laws in the works for this to not be the case, it is an incredibly pointless venture.
can we not give amazon a monopoly on tokens either! ffs
hopefully by "bitcoin" they mean "bitcoin cash" because i do not think i've ever spent enough on one purchase to justify the ridiculous cost of using btc
by 2022 every major corporation and country will launch their own token. except technically that makes those currencies centralized imo. especially if it’s owned by a government…
this could be interesting
i could not care less what amazon does as long as they do not meddle in the projects i care about. if them accepting or making their own token brings regulatory action i'm gonna be really thisappointed in humanity.
lol is this the bs crypto cobie from twitter was talking about when he mentioned pretending to be an amazon exec to a journalist and feeding them absolute nonsense?
it is the year 2074 and amazon workers are payed 0.034 amazon credits a day which can only be spent on amazon products, and amazon has access to the blockchain so it can see what every employee is spending their money on. crypto in the right hands is a godsend but in the hands of capitalists it is a weapon of mass surveillance. it will be the conditions that lead to the west virginia coal wars but our children would not even see it as exploitative at all.
man, maybe bullish, but as any large corp, i do not trust amzcoin
so what is the name of this currency and when can i buy some?
keep your hands off my coin jeff!
they are hiring a digital currency and blockchain expert doesn’t mean they will be accepting bitcoins. you guys are seriously some biased cult. blockchain is a great technology you don’t need bitcoin
i wish they would just use one of the current tokens instead of making another. there are plenty to choose from and would be a powerful partnership.
what’s good for bitcoin is good for cryptocurrencies
hmm... this is dangerous for my funds.
yeah can we not let amazon get a monopoly over crypto too...
this was always how it was going to go.
i have been waiting for them to do something, i guess this is a good thing long term?
i guess they might appropriate a random coin and then slap on an amazon name like they do with open source projects 🤔🤣 but aws already supports blockchain deployment in enterprise. guess they just need to flip the switch to public
hope amazon shitcoin dumps hard.
funny, gamestop beat them to it 😉🙃
hah, jokes on bezos, i hodl my btc- whoever thought using it as a cashless peer-to-peer currency would be a good idea?
ahhh… issuing its own company script!
not the pump we wanted, the pump we needed
this is bad for privacy of customers who pay with bitcoin since amazon will be able to associate their wallet addresses with names and addresses, including being able to tell who they’ve received payments from and who else they’ve paid with crypto for. not that amazon customers necessarily are about their privacy but their counter parties might.
probably joining for “the technology”, lol
insider this insider that, sounds like bullshit until i hear it from amazon themselves.
i mentioned this in another post. i'm not capable of making a coin, but anyone who is should be jumping on name-brand sh\*\*coins just to hold the name until the big companies want to buy them up.
this will be big if true. if amazon starts this then maybe other big companies will accept it too
amazon brings amazing news!
how many days of amazon accumulating btc will it take to affect the supply? two, three? they have unlimited cash to pay the vendors, they can hodl on an unprecedented scale. bezos can become the largest whale in the ocean without buying one satoshi on an exchange.
adopters going to adopt. this with paypal and visa announcements means 2021 is not looking so bad after all. hodl on.
shoot with this news especially i feel like we are back in the bull market.
hell yeah. they're gonna try and push their coin for utility, but this is a great step forward.
sorry guys...[cobie btc amazon](
it's all so... beautiful. 👌
well this sounds awful.
yeah i will never buy an amazon coin. the point of cryptocurrency is decentralization
customer: john doe, we regret to inform you, you lack the necessary coins for this transaction, please log another -27 hours- of -voluntary service- to acquire your weekly shopping cart allowance. sign up for the -voluntary overtime club- for 5% off your transactions and free shipping. we thank you for your service and continued patronage of amazon.
just want to say, i fucking called it yesterday
is this the source?
can’t they just sit there and do nothing? always doing the most
they also started accepting btc during the 2017 bullrun and then ended their support of it afterwards. the timing of those stories seems suspicious, just like with tesla.
amazon getting their lightning ready
all your keys belong to jeff. he will use your crypto to go to the moon.
besides dodging taxes what is paying with bitcoin for and who does it?
fuck. no. dump amazon, shop local whenever you can.
is this why bitcoin prices increased today?
why does amazon have to stick their dicks in everything
oof. own token. don't know what to make of that
i do not believe it. if this is not confirmed in the next 24-48 hours this could be a blood bath and an infamous bull trap.
an amazon token that can track everything that you buy and can then sell that data to the highest bidder.
microsoft points are back baby!
who doesn’t like scrip 2.0?!
is it better to hold the coin or the stock?
fuck no. last thing we need is a global dystopia where the currency is fuckin amazon coins. ban this shit now
well bezos can stick that idea up his arse! i wouldn’t give amazon a dollar of my money, and wouldn’t touch amazon crypto if you paid me.
we just needed one piece of good news to outweigh the fud... come on btc!
so that is why btc jumped from 34 to 39 xd
amazon taxes epalinted - where you add tax to to pay you're fair so we do not neeed to !
this is some bitter-sweet news!
inject that hopium into my balls bro :0
wonder how many moons this will get for the op
if this news comes to fore!!! to would take . anyways, i am still accumulating alts!!!! see you all at the top
mr. robot did it.
dwight was ahead of the curve with schrute dollars. we just were not ready at the time.
guys you're getting duped again
more adoption is always good... even if it is our evil overlord amazon.
bezos does not btc. bezos is coin.
plot twist! tezos was an amazon coin since the beginning. based on bezos lol this is ‘insider’ news
unlikely, but if they do, it might be good for legitimizing crypto.
buy the rumour, sell the news
can i buy amazon coin for moons?
i have not idea if i should be happy or worried about this.
i am defiantly not a crypto expert, but i think governments are only going to let this play out for so long before the reassert the dominance of traditional currencies. the us for one cannot afford for the dollar to lose its place.
let’s goooo first part is a w, idk about the own token though
bezos need tezos. that much is obvious!
can’t buy amazon shit if i’m hodling
those insiders are as reliable as the dinosaur under the rainbow and the bart simpson chart reads
can amazon just fuck off.
there are pretty obvious reasons why amazon coin, if it even exists, cannot be a traditional crypto and would have to be something akin to the stablecoin: amazon cannot pull a dogecoin on consumers. they would get absolutely rekt legally. imagine if amz goes live and pumps 400% before dumping and people lose money similar to how they did with doge: the damage done to the company would be massive and there would be legal consequences. in fact they already have a stable coin tied to the dollar which is only redeemable at amazon.
ohh the amazon token will explode fo sho
its green season bois
man and i had like 500 amazon coins from their appstore a few years back but spend them on ges for my kindle fire!
yatch confirmed, location meeting to be determined with the rest of the sub.
can we call it the bezo? it'll be like the peso but less valuable.
so this is why value went up in the last 24 hrs?
amazon will never get a hand on even one of my satoshi's
it will also take
ok, keep in mind that without an official announcement this could be overblown. i’m excited too, but don’t refinance your house thinking you’ll refurbish it with btc
jeff bezos abusing the system again so he can get more spaceship money
i wish companies would addopt a differant lower fee crypto before bitcoin
pixar theory but replace buy n large with amazon 🤯
big news if it’s real. my guess it’s premature to say this
damn, would be nice!
they will deny deny deny and then they won’t. it’s coming whether they want to or not.
delete your amazon accounts you can find everything elsewhere and live with 3-day shipping
prime coin will be 🔥
it’s happening boys and girls
luna and its e-commerce network is a winning combination. an amazon e-commerce token has even more potential.
prime members are going to get a thiscount on this token in order to increase usage.
i really don’t get you all sometimes. crypto adoption: good. bit organizations using blockchain for low fee high transaction money and banking interaction replacements: good. the biggest e-commerce story doing so: bad.
wouldn't mind being part of that pre sale
then they will probably come up with the amazon exchange. then apple will come with their icoin that you can only use within the apple ecosystem and then the apple exchange will compete with amazon
gotta get that company coin! edit: [company scrip]( >in the united states, mining and logging camps were typically created, owned and operated by a single company.[4] these locations, some quite remote, were often cash poor;[1][2][3] even in ones that were not, workers paid in scrip had little choice but to purchase goods at a company store, as exchange into currency, if even available, would exhaust some of the value via the exchange fee. with this economic monopoly, the employer could place large markups on goods, making workers dependent on the company, thus enforcing employee "loyalty".[4][5]
their main goal is gonna be to get rid of that 1-3% cc processing fees is my bet . or just trick all the customers to buy the coins themselves and pay the fees on their end .
maybe some added incentive for being a prime member? i can see that happening to some extent.
this would be the best move for them imo
o yea without a doubt!
ana or ama anyway i all in 😅
accept bitcoin and gives you a shit coin.
so, basically what i also wrote the other day... seems inevitable... in the end even the smallest stores are gonna try to go for their own tokens, but it will be common part of big chains, like club cards and what not
oh yeah, that is totally what is going to happen
they will probably release it as a stable coin pegged to the u.s. dollar just like facebook's original project libra was designed.
what’s the conversion to schrute bucks?
yup. this is a scam.
i’d definitely be interested, i got the amazon credit card which is 5% off and some cash back. i’m going to buy shit from them so it might as well be cheaper.
i doing see big tech creating their own cryptocurrencies. if they do, they will be stable coins but we already have that area covered so… not very likely.
or said alternatively, higher prices for people who do not use amazon currency in the company store
been calling this for years while my crypto friends tell me that is not how it works. people really seem to think the people in charge of this world are gonna let plebs print their own money in the long run?
khajiit has wares, if you have bezos coin
a lot of people will get into crypto so its not bad actually 😎
great point! i doubt they’d want to but someone like them or shopify could do a payment and vendor governance program to help improve and listen to merchants. shopify i could see doing this but not amazon
i imagine he is just copying elon in a sad attempt to get people to like him. "it's not fair, he is an ugly billionaire to..." bezos says while rubbing foot on the ground like a child.
so it is gonna be like buying an in game currency, but real life? cool cool cool cool cool cool...
this is the most likely case, it makes the most sense business-wise. it'll certainly be interesting to see an amazon token though.
damn this is exactly what we do not want.
i could see all the big 4 doing this
still a brilliant idea
i mean yeah, is this of any surprise to anyone? they want their closed ecosystem, and since they are a behemoth they will get it. the positive point is that them accepting btc is extremely bullish.
this all reminds me when the early internet before being controlled by corporations, f that shit.
what a waste of time, all of this, basically gamification of whatever form of currency you want to ultimately pay in. this is not efficient this is a joke.
agreed. pretty common business practice these days.
or they wanna make people get used to crypto and then the govs will drop their gov tokens and ban crypto payments. in the end, they all work for the system. be it amazon, facebook, twitter, google, apple etc. we saw that with the censorship wave after the elections.
probably because every major corporation is going to start putting our their own coins, that can only be used at their store and possibly some partner stores. further down the line you see job descriptions stating bonus compensation in that company’s coin. even further down the line, you be renting your amazon apartment and buying food at your amazon go store and then head to your job at amazon where they pay you in amazon coin.
staking amazon coin gives you 5% off prime membership.
hopefully it will fail like facebook's libra
the mother of all shitcoins...
reminds me of mr. robot tbh. e-coin? i suspect centralised corporate crypto could pose a mutual threat to decentralised crypto and government fiat alike... so far fiat and decentralised crypto have coexisted for quite a while. despite the headlines, they do not seem to harm each other. corporate crypto is more of a wildcard, also big companies definitely will have different motives.
this is no different than facebooks libra token really, actually it is worse because amazon has more data on people than facebook does.
_alexa, purchase 500 primebucks_
i do not like it either, but this is something that is inevitable.
and you know people are going to buy it.
i do not like it either but it will still be huge for adoption
even tho its amazon, this might be a necessary evil. such big company adopting crypto is a huge step.
i do not like them either but amazon will do all it can to make them popular. hope people would not support it.
wasted money that could have been used to buy bitcoin. it's like microsoft who is trying to push their internet explorer for years but no one cares.
the mother of centralization.
if it’s a token, that means it probably lives on top of eth. that i like.
a tezos hard fork.
it's going to be a rip off of vechain i bet
it is like buying a token but having negative say on governance. the more you have though, the higher from earth bezos goes. if we buy enough, he never comes back. we just need to get that hair plug shitcoin shiller to blast off too.
regardless, this is huge news for crypto because of btc acceptance
alexa, add decentralisation to cart.
wait until you see the symbol. a picture of a bald-headed sociopath.
bezoscoin primecoin amazoncoin which one will it be?
hopefully it is just basically a gift card. i mean, it will most likely be an nft that you can buy with usdc or whatever
i do not like it at all. hopefully this never ends up being a thing.
i am happy with my eth instead.
probably will be similar to cro. discount for members, amazon credit cards, etc
i agree, but how do i get some before the moon shot? :0)
it'll probably be fully centralized!
amazon is already huge, this gives them a chance to get some control in the crypto space too. it's just that it is amazon being amazon, so huge that it is not like you want support their expansion, nobody wants them to have a monopoly.
it will prolly be named bezos. like tezos
because what’s the point. no different than my chick fil a rewards points lol
they're going to have to name it after something that destroys the rainforest (amazon kindle, fire, echo - named after the sound you'll hear when you yell up the mountainside because the trees are gone) to fit in with the ethos. especially since the rainforest will probably be bulldozed to build mining operations for the new crypto
🎶 i owe my soul to the company store
we already have gift cards. it'll be the same thing except with more freedom.
agreed. probably have some type of tracker with pop up ads imbeded that sells ya shit every time you open your portfolio
because it signals crypto has entirely lost it is original vision.
i don’t like the statement they are going to accept bitcoin. 1. buy bitcoin. 2. accept bitcoin. 3. watch bitcoin price rise. 4. sell bitcoin. 5. use profits to buy shitcoin from yourself. 6. stop accepting bitcoin. 7 goto 1.
wouldn’t this just be like an amazon gift card on the blockchain that people can swap for other crypto
it's a new form of holding company stock. dividends can be awarded in the native token as well.
are they thissolving amazon into a dao? /$
for sure decentralized. actually as much as the rest of the top 100
ecosystem lock-in. use the amazon card and get amazon coin rewards for use on amazon.com
you should not. nobody should. loyalty points, shit tokens will be useless in the grand scheme of things for users and innovation
i have a feeling it will be called prime coin
i’m more a fan of “bezos bucks” myself.
i actually just read the headline and called it “amazon token” before even reading the actual name of it. so i guess it’s prob a good pick for a name. people might naturally call it that
it will be the same as the digital yuan, it will be only used in side a controlled system so its just becomes itchy and scratchy dollars.
oh no! gift cards!
they should name it "gainforest"
they're just gift cards but way worse for the environment.
watch them lobby to be allowed to pay all their employees in amazon tokens. they will bringback company scrip if asked allowed to.
reminds me of mining towns and their tokens
what if it is a [colored coin](
the rise of the machines begins...
i really hope they don’t try to use that as compensation. i’d rather have cash or the rsus
what would an amazon token mean for bitcoin??
sounds bad on its face but it may help further legitimize the crypto space as a whole.
most company coins will fail because they miss the point of crypto and all the reasons it is successful
maybe this insider is the infamous hacker 4chan. hmmmm...
'4chan the hacker' aka the greatest insider of all time
i’m only surprised it took them this long to fully get in the game.
>before they bring about eight of the most popular cryptocurrencies online doge is not one of them, right? right?!?!
this makes it sound like bullshit tbh. why would they take anything but a stable coin?
if they start accepting monero that might be nice, at least for stuff people may want to buy anonymously. but otherwise i do not see the point of using a middleman crypto just to buy shit that you could instead buy with actual dollars. because most cryptos are not anonymous, so again, i do not see the point.
needs moreno and litecoin
cool just bought some ada
with flexa integration, so good news with amp too down the road.
tje rumors were running wild back in 2017. 🤪
how is ltc not here
this is probably a dumb question but… if i pay directly with my coins without selling them on an exchange, do i have to pay taxes on the profits?
🎶fuck their wives, drink their blood🎶
> anyone has any take on this? it's gift cards in thisguise.
inside devs all ready do this now... lmao
isn't that already happening in stock market!?
it will be probably a stablecoin.
why would amazon create a pump and dump token? how would that benefit the amazon ecosystem?
i feel like it’s going to be like hold so many amazon coins and get rewards
perfection, honestly south park perfectly makes fun of things like time after time. i also agree, it seems like this article did not really confirm much. i do not trust "an insider said".
this is the financial advice i needed, i am also in!
insider is a good man. we been through some shit together.
yeah but company store coupons would only work at the company town, amazon works all over the world. also if any amazon employee wants to be paid in crypto, they will probably pick a bigger and less riskier one.
i uh, do not think we are going to go down that path "entirely", but i could see them offering these to their employees over usd, i'd imagine they would create some incentives for those using their token.
[ i think this is the original
someone, somewhere, needs to hear this idea.
if you bought ada in 2018, the time to dump your bags was in may.
it wouldn't make sense to exclude a popular crypto, though
not every insider source is fake. there are obvious reasons why employees leaking information do not want to be named in a news story. not saying this story is necessarily legitimate, but i wouldn't thismiss a story simply because it has an insider source. that's the case for like 90% of stories leaking sensitive information.
insider? i barely know her!
"amazon insider" i guess would be technically correct, but still your point stands, it is all just hot air until there is a more legitimate confirmation made by the higher-ups.
i will wait my whole life thank you
yeah, we do not need any more crypto coins. let's see amazon foster the existing ones into broad use and add whatever features their own coin "needs" into them through current governance.
1) you are ignoring lightning 2) amazon itself can serve as the 2nd layer, depending on implementation, making bitcoin payments instant, feeless or whatever the fuck they need them to be.
best comment of the week.
something i said in response to another comment on here, it absolutely is.
i been dcaing amp for months now. paying off well
“hey alexa, buy the dip!”
flexa network as well
yeah, like no way am i paying with btc but ln…hecckkkkk yea
good for adaption though. once they take on more crypto more companies and individuals will follow suit. it was always a matter of time.
this is not bad for decentralization at all lol. it's completely separate from it entirely
i'd imagine they would aim for a stable coin with fees less than $.01, but how they would do that, i have no idea
i think they will do both, honestly. it would make the most sense for them in the long run
whatever amazon chooses to do, does not really matter except they are willing to accept multiple crypto payment solutions like circle, bitpay, kuva, paypal, cryptopay...etc. that for me is what i look forward to but i doubt i'll ever see it.
it really is awesome in terms of expanding adoption. so, so many people solely use amazon
yeah this is so true amazon are ruthless. i personally won’t be supporting their bullshit.
doesn't matter what they do, anyone that is relying on aws right now should not be trusted anyway.
we do not need it. but it is all about profit for amazon. they'll create huge incentives for people to buy into it. people using amzn coin means no transaction fees (credit card) that they need to pay. also instantaneous transactions equates to more profits.
you can currently buy houses and cars with crypto. so what you're telling me is if you put ? ya, good luck with that.
i feel your pain… mine are always late! :/
they're just on-chain gift vouchers, that will be built on a "proper" coins proof of work or proof of stake, for their security. glorified gift vouchers, that pose no threat to the base layer coins like btc and.
the crypto landscape is meant to change with the needs of the people. it will look much different in 5 to 10 years.
that would never happen lol, they would cripple themselves
considering the secs lawsuit against ripple currently, i think we're passed that point.
facebook coin shot itself in the foot
is that still going on? didn't hear anything on libra, or whatever it is, now for a while.
i think the supply lines may be a bit too fucked still in order for that to happen lol
a fool and his money are easily parted
the next big news will be when bezos unveils amazon's btc holdings
it definitely would not be on mainnet immediately, everything needs to be tested first. it will certainly make it there eventually, though. unless this whole thing just implodes lol
like 90% of this sub lol
>except they will be able to accept well played.
bezos is not running amazon anymore.
idk about that since the vcs will be dumping it hard, but we will see how it goes, if their token is even on the blockchain that is.
loading my bags up now...
sort of, but i'd imagine that they are going to integrate more methods to promote their coins usage.
lol. some people read into these way too much, everyone trying to make the same point now.
you'd be surprised at how many popular cryptos are actually highly centralized
libra? yeah, it died before it even had a chance. lmao
i do not think gamestop carries nearly the same amount of weight as amazon does
some additional anonymous news related to amazon using the flexa network.
i think gift cards will still remain, but the token will definitely be some form of alternative payment method.
we do, actually. not every issue out there has been solved yet, and many new projects are working on doing just that
you can’t ban bitcoin - to valuable now
ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [bo burnham's lower your ]( ─────────⚪───── ◄◄⠀[▶]( 2:21 :32 ⠀ ───○ 🔊 ᴴᴰ ⚙️
sooo...i'm going to get payed in targetcoin? ☹
they could simply decide not to accept it, i'm sure payment options are going to vary based on the seller.
if amazon is in btc most likely they have already been buying for a while. by the time media talks about it is the time they want retail to pump it up.
nope, unless jeff is the one that bought.
idk, i still have not seen enough evidence to believe that is the case myself.
i think when it comes to crypto, you should definitely be taking profits whether you are looking to reinvest, or you just hit a certain mark.
sounds like everyone's gana need an oracle
so it is kinda like early 90s internet? walled gardens everywhere?
this is honestly my nightmare
*netflix* all the things !
apple recently hired someone to do something „cryptoish“. 😵‍💫
and then they will let employees opt to receive some or all of their paycheck in amazon coins, and boom - company scrip is back, baby!
to be honest, even though it seems subtle, i think apple will first integrate crypto into their wallet. this will be huge, make no mistake. once in place, it’s a pretty short step from being able to spend crypto you anywhere apple pay is accepted. when you stop and think, zoom out and look around, we’re nearing the end of the “early days”. i think we still have a long way to go for mass acceptance, but i can now see a short path to integration and enterprise adoption. i’m cautiously pumped up for this year.
i know this is going to sound stupid but how is an amazon cryptocurrency or an icoin any different then buying a amazon or itunes gift card?
but they will never topple btc or eth
apple will definitely do this. they build their products around their ecosystem to trap you inside and make you pay so much money for the most basic things
thus making bitcoin and etherium the new gold standard of exchanges maybe? 🤔
oh no... i'm pretty sure this will happen
will the icoin have rounded corners?
i think gamestop it is moving down a similar path but the developers behind the project are maxis so they are probably biased towards an specific blockchain in particular, underestimating consumers, fees and current status or even unexpected situations, the initiatives have relatable points nonetheless. in contrast, amazon will aim for mass adoption to happen asap, same case for apple or microsoft, if one were to wonder, and it is a real redundancy to consider a need to centralize everything, i.e. first and foremost they all would search for solutions that bring the most positive impact to their business in the short-term, effectively putting greater moves in the back burner.
this is not exactly a new concept with credit card perks such as cash back and points.
dont forget amazon cloud bitcoin mining making highest revenue for the company
didn’t facebook get in trouble for trying to start their own coin? what happened to that?
they would still need to build funnels to a public blockchain so that they can all interact with one another (business to business) and the public (business to customer). aws owns a good bit of ethereum hardware (evm and validators i believe) so my guess is they build a layer 2 (like ernst & young) that connects to their quantum ledger database.
don't worry. microsoft will fix it all by buying kucoin and rebranding it to bingexchange 2 years later
wasn’t this a bad idea when coal miners would get paid with certificates only able to be used within the mining stores. isn’t this a step in the wrong direction?
project successes brings about more adoption,this is a big win for the industry.pinknode also recorded successes like this when they have partnership as big as pontem (diem),this will not only push the project but another big win for the crypto ecosystem.
"i owe my soul to the company store..."
i feel like this is a big danger on a global scale now. i did not know something like this actually happened. i've always just thought of it as a hypothetical. thanks for sharing! edit: gives a new meaning to the term "on the companies dime"
i lived near one of these, scotia in humboldt county. weird place. former hub of what was once a major, major logging operation in northern california. also the source of a supreme court case about when a private town morphs into a "public" one for the purposes of constitutional rights.
amazon coin to the moon! companies must adapt to this new world of cryto, interesting to see where it goes
i've seen mr robot, i know how this ends
this is exactly what i was thinking. this is will be bad for their employees.
i feel as if this is exactly what is already happening, but soon to be globally.
so slavery with extra steps
can't wait to get my tesla tokens
i bet they are going to lobby the us government to be able to reinstitute this for their workers,
knowing that, imma buy the shit out of amazon token, since it will skyrocket like the bnb one did.
welcome to fink industries!
i've played outer worlds too
now that you mention it, why is not visa? when vaping became big the american lung association (entirely funded by the tobacco settlement) poured all of their money into demonizing it (and still does), i'm surprised visa.
the emphasis is on for them
it's not a question of how, it is a matter of when at this point
shopify whipped out a partnership with cardano already right ? idk, heard a bit somehwere
it's the lack of hair. bezos thinks he is a bald fraud.
yeah, this is not gonna go down a dark dystopian hole do not worry "hey you wanna go grab some dinner out?" - "sorry all i've got is amazon coin right now"
well that is depressing. cyberpunk here we come.
sounds like the exact conditions that lead to the west virginia coal wars in the early 1900's. miners lived in company-owned housing and had to shop at the company store using company credit. history repeats itself.
so back to the coal mining days with store credits that are only worth something at the company store.
thankfully [company scrip]( is illegal...for now.
i believe law does not allow companies to create such an ecosystem with their own money thingie.
sounds bullish for eth to be honest.
people keep talking about the company store aspect of it, which is perfectly dystopian, but that clearly is not this. we have amms and shit. if you do not want to hold amazon's coin, you can simply swap for it at the very second you pay for something. you barely need to touch it. this is how cryptocurrency works now. plus it is illegal to pay employees in compay store credits, partly because of the history about that.
remindme! 3 years "this motherfucker was right."
that's where overledger comes into play. no wonder qnt is mooning this past few days.
sad but true. it’s going to defeat the purpose entirely because instead of having 1 currency you will have hundreds. not to mention you will need to go through someone to exchange from amazon token to apple token. not thrilled about this. especially considering they are going to accept btc and clearly hoard it for the future. like amazon needs more money!
> further down the line you see job descriptions stating bonus compensation in that company’s coin. modern day 16 tons?
every major corporation having their own currency would be a fucking nightmare (and also not really smart of them i guess)... i just hope this would not happen, although it is very likely at this point
i dont see how the last part can ever happen. a company can give you bonuses in scrip but your main income has to be in us dollar. this happened a long time ago to coal miners and now there are laws to prevent it from happening again.
the fact that this is shocking to any crypto users clearly indicates the lack of foresight in this community.
i believe there are laws against this. in terms of compensation.
🎵i sold my soul to the company store🎵 they say history repeats itself. id say they’re probably right
amazon has some amazing deals today. they are going to bend us over tomorrow and we'll have no choice but to take it.
disney already tried it in the 90s
i owe my soul to the amazon store~
we will have gone full circle back to company scrip. lol fuck
i owe my soul to the company stoooooore
i have no doubt we all will work for amazon or google by 2080. those who do not, for whatever reason, will be living in poverty.
dam outer worlds 2 gonna be the first reality game.
amazon already has some grocery stores. but yeah, hello dystopia
welcome to the future of crypto.
yep, great way for these companies to trap value in their eco systems. they are going to push this because then they really do become their own nation states to a degree.
🎶 “i sold my soul to the company store!” 🎵🎵🎵🎵
you mean like store cards and gift cards? that’s literally almost no different. the amazon store card can be used anywhere amazon pay is accepted. same as paypal credit. this isn’t some revolutionary thing. especially if there’s conversion rates.
gonna replace gift cards with crypto
sign me up for that kohl's cash!
i hate everything about that possible future
there’s have to be legal changes before company towns make a comeback.
companies are becoming countries. hell, they already essentially write all the legislature.
remind me in 1 year
i doubt that. they wouldn't want to limit their coin to being just a gift card. it'd be more likely that they would allow it to be used anywhere, but provide perks if you spend it on amazon, such as thiscounts.
sounds like a crypto version of a gift card, although with added fees for transfers.
yeah people tend to forget that the only reasons companies don’t use scrip is because of hard fought laws banning them. given the chance they’ll happily do what you said.
what makes this different from gift cards and compensation with stock? wouldn't an attachment to goods offered in one of the world's largest markets have a fairly powerful stabilizing effect?
sounds a lot like the korean chaebols
>probably because every major corporation is going to start putting our their own coins, that can only be used at their store and possibly some partner stores. i understand that fear, but this kind of thinking makes no sense in a decentralized world. in a digitial world with ultra liquid capital, these companies will be in a cutthroat competition to attract users. people arent going to buy an amazon token just because it givers them a thiscount. if they do buy it, they will only use it for a transaction but never hold it. amazon would have to make it worth the users time to get them to hold it. all companies will have to do this and we will benefit.
welcome to the jungle? :(
amazon is already in the works making “company towns” around the us…tesla town in texas. ever seen a “microsoft campus”?…and “ring” just alerted me that someone was at my door. amazon employee delivering my medical supplies…
sounds like the government with extra steps.
that’s how mining towns used to work. the company would pay you in company bucks and sell you all your needs, paid with that money.
this is scary because people are going to buy it to make money when other idiots buy it… and then it will actually blow up
this feels like a videos games internal currency being moved into real world retail
bitcoin stops all that from happening
not trying to be a smart-ass but how is that different than gift cards? i guess a "walmart coin" could change in value in relation to a fiat dollar - but a gift card is just fiat that is locked to a vendor?
imagine this future when the power goes out for an indefinite period.
that just sounds like company stores with extra steps
i want widespread adoption...but i do not want to see this either
i’ve already dumped my savings into starbucks stars. that shits going to moon in value
i owe my soul to the company… store. dooo do dooo do do da do doooo
already what happens with the dollar.
then they start paying staff in the company's token that cannot be spent anywhere else, it becomes a scrip system and we're back to the 1920s...
smells like company scrip
okay, but how do i pay my taxes? uncle sam does not take shitcoins.
sounds identical to that black mirror episode.
that sounds like hong kong
isn't that basically store credit? and we have that now, and we do not see employees being paid in store credit.
that may actually tempt a lot of people lol
fuck i’m dreading the fb ads already
amazon costs only €2,99 a month, a 5% thiscount is not doing it for me.
imagine getting rug pulled by amazon coin.
for a literal bezos moon shot
grab your cowboy hats and get ready 🤠
first off, it would be on the top of the list of best shit coins because if amazons is a shit coin then all of them are. i would much rather put my money in an amazon coin which feels a hell of a lot safer, then most if not all of the other cryptocurrency’s. there will always be room to push the top dogs to the side when bigger dogs come in but we will see
probably the father also
mr robot predicting the future.
you wanna buy some disney dollars?
honestly if we continue down this dystopian path how long until we see the faangs form the corporate court and operate their corporate currencies from zurich orbital.
i mean... it sounds like it is just gift cards, but with less risk of being used for money laundering.
seems like an area the major blockchains can evolve to streamline. example: i would like to pay in ada for a product on amazon, so ada blockchain handles conversion to amazon shit coin.
well it does not have to be that way, but it is possible.
in the end, it will all be atomic swappable anyways. so i wouldn't worry too much.
bitcoin to amazon : you could not live with your own failure. where did that bring you? back to me.
ill trow some . i think they are big enough to make it survive.
you might say: "a necessary evil!"
that would be absolutely massive for all crypto. that would draw a crazy interest around the whole scene.
yep amazon crosses borders and has ridiculous transaction volume. for them to save on credit card fees and to be able to transfers large amounts of money between countries more easily… this use case is huge.
if amazon goes in then apple's next right? the rest will follow soon
more than likely just making sure that they do things right, i'd imagine.
you know it is lol
i mean why not? it's been pretty consistently in the top 10 for ages and generally tends to do better. and if someone does not like it they can just not use it. why not let the rising tide lift all boats? :)
something tells me it is... lol
*insert padme meme here*
okay, this actually got me lolol
they said the top 8 coins, so i'd imagine they might be in that list. who knows, though
if flexa is enabled here with amp it will still work.
whats flexa? i do not know too much about amp despite holding my
it more than likely is one of the "eight coins to be added later", i'd imagine
yes, you still would be taxed on your gains.
come on, jeff, get em
jeffrey tezos does have a ring to it though lol and yeah i know, i've seen what happened with icp
at the rate things are going, amazon will be the only retailer.
you are not wrong. i do not think it would get that fat as they would be some sort of exchange rate from amazon coin to a stable coin. but, it is something i can see happening. paying people with crypto vs usd.
i'm thinking that they will pay you x amount as per normal, but if you choose to accept a percentage of your payment in amazoncoin, they will give you an amount that is worth more than if you had just been paid usd. like at 100%, your , and you can still use your amazoncoin to buy things like your groceries or subscription services, which essentially makes affording those much easier. you'd still need enough fiat to pay for things amazon does not control (yet) such as rent, car insurance or medical bills.
why do you think so?
better than bsv, i guess?
the only reason it makes sense is because it is so naive. their head advisor is probably some boomer who's traded in stocks all his life looks at the top 20 and says "ah yeah, so bitcoin is the top dog, but here's a decently popular one also called bitcoin and it is much cheaper!"
[bch is not popular]( 😂 edit: bch shills btfo
has not stopped you from gushing about it throughout this thread, as if it was verified
i dunno if governance will even be a thing with this coin. may just be a completely centralized gift cards and they’re just calling it tokens. essentially they don’t do anything and are minted when you exchange your fiat for the token.
would you look at that, all of the words in your comment are in alphabetical order. i have checked 114,625,280 comments, and only 29,813 of them were in alphabetical order.
"hey alexa, sell the amazon coin" ' alexa: "no"
sure, in the long run.
yeah, and i feel like a huge company like this entering the space only paves the way for stuff like twitter, facebook and the other giants to do the same!
yep. one born every minute.
i’ll be ric flair wooing that day
lol aye. best to not take advice from anyone on the internet
amazon being able to potentially raise hundreds of millions of dollars without having to do anything operationally would be a terrible precedent for crypto. every company will hop on the idea of creating money out of thin air. write a few lines of code, issue some arbitrary number of "coins", let people who have no idea what they are doing speculate on it.
yea. i hope ppl familiar with crypto wont give this coin much attention. company coins are shitcoins. change my mind
i'm a simple man, i just buy and hold 1inch and cummies
no way. if they are going the route of building walled garden centralized blockchains, they are not going to give up oracle control to sergey and a bunch of frogs on twitter. they'll do that themselves too.
he come to town
you heard it here first.
its already happening buddy.
i called this shit in like 2015. crypto will get hijacked by countries and corporations, it was only a matter of time. eventually btc will be worth , , . and it will all just be an illusion, another payment onramp similar to paypal that adds an extra fiat"high tech", an absolute joke.
they both already do this. they call them gift cards.
yeah they changed the name of it. its now called diem, its a stable coin, they are still working on it, it will be launched next year
16 tons, and what do ya get?
i had that stuck in my head all day lol, what a world
more like to the edge of the atmosphere lol.
they really do. crypto is going to democratize currencies for the world.
are you saying that people aren't going to want to be paid in a currency that only the company they work for accepts?
because all they are going to do is charge the merchant fees. visa is already providing coinbase a debt card….
and less and less people are smoking every day. smart companies adapt and position themselves advantageously when thisruption happens. history shows that fighting progress leads nowhere long term.
who says they are not?
visa already settle there usdc , previously they had to go through fiat what added extra fees on top. > visa is using ethereum to submit ‘final settlement’ transactions. thousands of transactions can happen internally on visa’s network, and then visa can make a single, batched transaction to ethereum that updates the balances of its partners that leverage visa for usdc transfers. source:
they're heavily investing in crypto related startups and technology
oh, i'm 100% confident that visa. i'd be shocked if they are not. instant payment, incredibly secure, and no processing fees? crypto is the cc industry's worst nightmare. the only thing is most crypto works like cash or ach. if credit based crypto takes off, then they will really be worried.
actually a huge amount of the vape industry is owned by big tobacco. why fight it when you can own it and make money from both markets.
because credit cards are not just a transaction medium they are a credit lending and charge thispute service. your credit card fee’s and apr are all based on credit worthiness and cost to administer the system to thispute charges. crypto won’t ever compete there because there is no “thispute” in crypto every transaction is permanent for good or ill. venmo on the other hand directly competes with crypto. the problem crypto has is it’s too expensive. each transaction has gas free’s of like 1% which right now is a nonstarter compared to basically free services like venmo.
who says the arent fighting it. defi is powerful because its hard to takedown especially for entities who only know how to operate in centralized systems.
the banks already are fighting it that is why the fed is developing their own e currency instead of backing bitcoin like some people thought they would. and the fed is in bed with the banks, also why rates jump around so much it’s a push and pull, and the banks get what they want.
if amazon were to start a banking service similar to gemini or blockfi. even at an interest rate of 3 - 5% or 7% for their stupid amazon token it would send shockwaves. we could finally slice the throat of the "thanks for fucking nothing" .01% interest rate the banks shit out.
or pay your annual fee for 2% off of amazon coins
staking amazon coin gives you 7% off.
stop being a victim and capitalize
exactly. brb better get packing.
mmm good question all i saw online is that shopify is introducing various crypto payments for merchant solutions but that is all i saw but may have missed something
keanu reeves is johnny silverhand, confirmed.
there’s already places like this in the world. look up factory towns in china
only a gonk thinks like that.
this has roots in company stores, not some bland, sci-fi adventure. it was a major issue during the industrialization of the us.
>well that is depressing. cyberpunk here we come. try to be part of the 5% that serves the ultra rich 0.01%. good way to position yourself is some good investments now
save up and get ready to buy some modules, i’ll take some new hacking hardware asap.
the famous [company store]( or for a more [modern ]( version.
the problem here is that we cant just go to fucking war with amazon or duel or whatever tf they did in the 1900s
are you kidding me? we currently are going through spanish flu 2 electric boogaloo with a wanna be spray tanned mini hitler. as a student of history i feel like i'm taking crazy pills. we have the fucking llaybook people!!!
store credit + social credit. vote for lord jeff for supreme president. get 100 amazon coin and +5 amazon rep. voting for lord jeff is mandatory for all amazon associates. rewards only available to those granted the level of employee of amazon.
oh that will be bribed.
desktop version of 's link: --- ^([)[^(opt out)]( ^(beep boop. downvote to delete)
who’s gonna enforce it?
whats stopping the company stores from paying off the right congress people to change said laws? answer: nothing.
this is how the fortune 500 companies start to use cryptocurrency to their advantage. what’s next? mcdonald’s (mctoken) coin? you stake a certain amount of coins in the mcliquidity pool and you receive a free combo meal once a week or something? it’s going to get ridiculous.
tbh i would do it if i could. might get a free movie every month or some shit too
nah imagine every time price goes down, bezos dumps another billion dollars and we keep going up. it overtakes doge and r
amazoncoin^(tm) : powered by bsc
if the staking rewards include prime, i may just bite the bullet...
still better than getting rug pulled by magacoin.
lmao bezos is such a clown
i think they may chicken out in the last minute, like facebook did with its shitcoin. big companies draw big attention with those kind of projects.
>i would much rather put my money in an amazon coin which feels a hell of a lot safer so that whole decentralization thing, you know the principle bitcoin and all cryptocurrency was built on, not interested in that? why not just buy a shitcoin backed by a government then?
when do we get >!the money transfers!< from s04e10?
is that like itchy and scratchy money? it sounds fun so i'll take ,100 worth.
instructions unclear, purchased 500 copies of despacito.
in practise, why would you like to pay in ada? if you have a salary it would most likely be in fiat, would you exchange that to pay smth?
this is the most likely scenario, these companies will do anything to make money
amazon coin go brrrr in the meanwhile, +69,420% returns after ico
if anyone is big enough, it is them
same, i always throw a few dollars not more than , who knows i might x10 that money or lose it all.
apple would probably just create their icoin that can only interact with itself and is exclusive to apple devices
gotta minimize price volatility
gotta give it to the king of meme coins. shit sticks to the market top like a booger you just cannot flick away.
i like you, crypto needs more general positivity. i hope you have a great day!
doge is not a meme anymore, damn it!
didnt you pay attention during the quiz?
icp is only one of the newest instances, almost all of the farm rug pulls that occur are done by the same group of people. this is just the nature of the space, unfortunately
yeah, man. violent j and shaggy 2 dope really threw me for a ringer.
best thing these tired ears have heard all day, hamirite?
these guys shitting on bitcoin cash have not done basic history. it's literally just btc with a few updates that should have happened. here's the [whole story]( if you want to know more. and since the switch did not happen then, it will probably [never change]( and btc will be forever stuck with an outdated code. hence why i'm always vary of btc in the long-long term.
you must be new here
in regards to the crypto space, yes it most definitely is one of the most popular coins.
where in this thread did i say this was confirmed?
"i am afraid but this coin can not be sold!"
yes, but you know how these corporations can be when it comes to money... so much greed.
facebook has tried and failed with their token libra, but we will see who else benefits from a move like this!
you and me both ![gif](giphyyui3a7rwlhofy)
you could get thiscounts when using their currency, or maybe free shipping? who know
1inch cumrocket? you must be exaggerating!
cumrocket to moon! (which would be an amazing strain in the prostate)
i do not think these companies understand the point of blockchain if they centralize everything. in that case, you do not even need blockchain and can just treat everything as a traditional database.
come to save the princess zelda poor joe pleiman, thanks to napster he got totally screwed out of credit for his song.
welp, i had not really looked into . now it looks like i've got my reading for the night. i dunno how anyone keeps up with the hundreds of coins worth knowing about--and then the need to pay attention to any new+relevant coins.
i'm well aware. i just never thought it would happen to thunderous applause
because these are the same types of people that cause events that lead to the creation of things like bitcoin. corporate coins are the antithesis of bitcoins creation, it is the modern monetary system in a crypto mask
another day older, and deeper in debt.
this is way, way random, but i heard this [barbershop arrangement]( of it the other day. i've had it stuck in my head since.
i mean i am a government employee and it barely works for me. i cannot imagine how it will go for these employees that amazon is already abusing with no consequences.
in a way visa and mastercard are the second and third biggest token networks after cash. tons of people already have purchased crypto using visa or mastercard by using their debit cards on any of these cexs. they’re already part of the on-ramp and have been making plenty of money on all of us this entire time.
the american lung association was as well, did not stop them from demonizing the entire vaping industry.
sure, but we do not see massive ad campaigns like the "stop blowing smoke" one for vaping, or hundreds of nuisance lawsuits against crypto companies. it is not being demonized in the media like vaping is.
exactly, but with crypto they cannot really 'own' it like vaping products. while they have the capability of making a lot of money in crypto it takes work, effort and money, something they currently do not have to. that increase in cost of business is something they would fight (why change when their current method of leeching wealth works with almost no effort). hell tobacco industry was in the game from the start even my own company got an angel investor i was able to trace back to phillip morris, and i was super early in the vaping industry. i do not see that same push, unless they are really good at hiding it.
yeah, with the power amazon has they could pull off this shit pretty easily
but then amazon becomes the bank. and nothing really changes other than the master to which we must bow down to.
on that same line of thinking i've been considering pulling out a chunk of savings specifically to stick into usdc for the purpose of holding only for the 4%-something return. money is effectively doing nothing right now because of across the board shit type interest rates. no fdic, just a coinbase "guarantee" which i do not put absolute faith in. seems like all the big companies are doing to blockchain what streaming has done the past few years everyone wants their own service so to use everything you need 15 accounts spread all over the place.
as long as you hold a minimum of 400,000 coins
the type of banter i like to see
yeah that is why i mentioned i was not sure
its not a bug its a feature.
"history does not repeat itself, but it often rhymes." - mark twain also wow that is a great song, thanks for sharing.
what a banger than song ! only good thing that came out of those mines
fancy word for wage slaves.
the true name of the libertarian utopia
i mean neither could they... you know what happened to those minors?
it does not even need to be lobbied away, as long as the minimum wage stays stagnant. they can just tack it on as a bonus, if i understand correctly, and the employees are compelled to use it if their .25 an hour is not enough
lobbyists already itching for the chance
there is still time to fight the powers that be...for now.
thanks, now i hate adoption of cryptos.
step 1: work at mcdonalds step 2: have entire paycheck paid in mccoins automatically added into the pool step 3: ??? step 4: free big macs for life
they can do it through kids instead of adults if they inverse it - "buy a full combo family meal and your kid's mcdonald's funwallet will get an axie nft" or something.
i started having these thoughts awhile back. the subscription system companies use nowadays could very well be replaced or partnered with one where you instead stake for that same access you used to pay -50 a month into each subscription, now you stake tokens
this is how it begins
free movie? and all it costs is my eternal servitude?
ah, binance scam chain, that is the way to go here
oh for fucksake, in six words, you proved to me that amazon has a way to make me adopt their shitcoin.
jokes aside, that amazon coin will have the power to place top 5 easily...
first they launched bezos the clown now they going to launch their own coin, that’s a lot of launching.
i agree with that
yeah who knows i sure don’t. i take almost all of it with a grain of salt now. too much fuckery and manipulation. it would be kind of interesting to see what happens if big companies start trying to make a coin though. i know on one hand it sucks because there’s really not a need for amazon to control more of the world. but at the same time the whales are already controlling over half of all the cryptocurrency or something along those lines, so it’s going to suck for the masses either way like it always does
i thought facebook was still doing it? never heard the opposite
that would change the world
insert sign: "i&s bucks not accepted here"
i dunno, i certainly wouldn't. you'd get taxed on the product you're buying and then taxed on the crypto liquidation gains (unless you were selling at a loss, but that sounds even worse). i guess you could hold a small amount of some payment crypto like ltc or xrp but other than the novelty factor i do not see how that is superior from using fiat for payment. unless you get paid your salary(like you mentioned), then i could maybe see it. even then i would probably use stablecoins for payments to avoid volatility.
that is what the wife said
>amazon is evil. ain't that the truth.
i do not know but i feel like that amazon coin will have the power to place top 5 easily.
someone create now an icoin so that apple cannot do it!!!
and every year you need to buy a new dongle to interact with icoin.
more realistically they would probably just integrate it into the wallet app. how they would go about doing that, i'm not sure.
for better or worse
at least doge is what it is always been. 1 doge was never worth anything but 1 doge until the community shifted. every other dog coin is just following the hype. i dont own doge either and think it is current value is too much but at least its honest
lol comment made me chuckle, just sent you 5 moons as a donation
thank you for the reply, the bitcoin cash hate in this sub makes no sense to me
damn, what biting commentary. i am sundered to my core.
then why does is have significantly lower transaction volume than coins with [comparable market caps]( 😳
it is in the fucking title
yeah, the wife bought some
he said cummies, my understanding is that cummies is the offshoot coin of cumrocket. i think you can get it off 1inch. the payload could be huge but most expect thisappointment at the sight of thing so far. it will still probably pump a lot tho from celebritys' teets!
girth like a tuna can
for them the point of blockchain = money and profit. as long as it helps with that, decentralization is irrelevant.
this might be an unpopular opinion in this sub, but i would wager that 10-15% (top) holders are actually in for “decentralized”. 85+% people don’t care if their moon rockets are centralized. they probably never even heard of a white paper, let alone read one.
if we are talking about closed ecosystem, then i agree with you. but if we are talking about corporate tokens existing on a public and decentralized network, then i dont see the harm.
st peter dont you call me because i cant go
i was going to say, until people are able to be paid in crypto, they are doing just fine as is.
if you're not a company that generates their revenue on payment processing fees, crypto's not a bad thing. vaping is still inherently bad for you. crypto is technology moving faster than the legacy companies (banks) felt comfortable with. eventually, people got fed up with banking fees, processing costs, etc, and invented their own method of payment.
amazon could be the greatest of all devils here, i do not imagine anything involving amazon also being decentralized.
amazon would compete with apple. it’s only a matter of time before apple comes out with it’s coin and wallet
at that point they would be set to take over some primordial power structures though. the fed reserve would be fucked in terms of it is ability to control if a billion people switch their assets to a system that is directly and intuitively integrated with their daily-life purchases. we are, after all, a consumer culture. the countries where people are too poor to be a consumer culture, automatically become a consumer culture as soon as they can afford it, without any indoctrination besides the advertising we are already exposed to. if amazon does this, then the amazon equivalents around the world will do it. i"m curious to know what kind of political and legal battles will ensue. conspiracy theorists are going to be all over this because that kind of a power struggle is what gets people suicided. if this is really amazons plan for 2022, then i believe there must have already been serious talks and agreements made with government bodies.
mr bezos braving space and risking himself first so that one day he can pay us that 10k relocation bonus to be one of the first to work on mars. truly a brave and kind soul.
also an adventure game on steam.
wage? you mean "be allowed to life for".
actually i do not i will look it up later, minors or miners?
[if i am reading this correctly, it seems like paying employees any amount in non legal tender is explicitly illegal](
welcome to the matrix
no different how btc ppl were begging for institutionalization investment. now they complain how gbtc is a weight around the neck of btc
if you didnt see this coming. idk what to say. its why i sold all my btc. crypto … more like corpro.
that face when you arbitrage mcdonald's by selling nfts you got from happy meals
i actually made a comment about this months ago about how major corps won’t use eth and the like because the can afford to make their own. heavily downvoted. super bearish. didn’t want to hear it. but look here we are today.
sounds like a good investment then, unfortunately.
that's why i said imagine. imagine billionaires spending billions to bail out the public imagine
absolutely! i would immediately buy and stake amazon coin if it included prime for as long as their staked.
they have their way of getting us sucked in
it will pass bitcoin. it will not have a cap or limit on # of coins. tbh i think itll be treated like a stable coin by bezos. purchases using amazoncoin gets you 10% off anything on amazon. it will become so widely used online that people will start accepting it at brick and mortar shops. because of the size and scale of amazon and their userbase, itll vault the coin to number one spot on coinmarketcap and bezos will have successfully created his own currency.
i saw bezos land on his pod and immediately wanted to open the amazon app and hit cancel order & return.
the problem for them is that they will get into trouble with sec in like zero seconds due to securities regulation. that's why facebook chickened out.
dongle has always sounded so dirty to me.
why do you think transactions is the only metric people use to determine popularity?
it's what the insider said dude... that is in the title as well. that is not me saying "hey guys, this is confirmed"
sustained pump. my favourite.
little does she know, i have a short position.
not to put a wet blanket on the fun but viagara helps men get erect and if anything makes men not last as long, as they’re more aroused. so the pump would be shorter i’m afraid. there are other drugs for premature ejaculation, which would scan better for this joke.
you should try meeting my friend. you should really see alice
pump and dump isnt my thing!!!! a project that could stand the test of time, to name a few, the pop might seem new, but its the native token of the poptown
decentralized, use cases, hasn’t already mooned: pick two
i've read whitepapers, and i did not understand most of it :)
maybe bezos deepens his mark on history...turns amazon over to a decentralized blockchain and it becomes the first huge company "by the people, for the people". others follow suit and we all live happily ever after. 😁
it really changed him.
miners...well and minors... definitely take a minute to read about blair mountain, mother jones and the west virginia coal wars "though the battle ended in clear defeat for the pro-union miners, they gained some press support in the following years.[3] approximately 550 miners and labor activists were convicted of murder, insurrection, and treason for their participation in the march from lens creek to logan county and the ensuing battle of blair mountain. press support did not extend to union growth; umw membership in west virginia dropped by about half between 1921 and 1924." they basically just got killed by the national guard and this private "security" company and then brought up on charges for fighting back.
can i be the chosen one?
wouldn't holding btc give them less hegemony over it?
reality is stranger than fiction. i'm pretty sure we'll see that in our lifetime
"moooom. cheeseburger" "oh honey you're hungry?" "no moom geez. nfts are pumping!!"
still feel like ethereum & btc will hold a strong presence in the market, new projects. but really how is an amazon token any different from bnb, cro, etc. ? they're companies with tokens. i think people accepting and companies like amazon crypto is a win.
i do not think anyone worth their salt in research doubts that private chains will have their many uses. ethereum is vital because it allows interconnection between many separate entities.
facebook diem does not get as much attention as it should. facebook fucks up everything.
your comment is still very much speculation…
i've been saying that for years about larger financial institutions - still have faith in coins but do not think these powerhouse corporations want to.
i think your very right. or just completely buy out projects. “oh that won’t happen” look at voyager small company already acquired two crypto companies...
dang, if i saw that comment, i would’ve supported it. if there’s one thing corporations do like clockwork, it’s exploiting something like this for their own personal gain and end up ruining it for everyone else.
yeah, but like how stores made their own store credit cards, cc companies still exists. they can make their own coins, but eth, btc, etc will still exist like the cc companies. i bet you didnt think about that
this seems pretty insightful actually, my only concern is they will be some type of stable coin where they actually depreciate because they are tied to the dollar
amazon is not making their own blockchain, they will make their coin on a layer 2 network connected to ethereum
so wen are you going all in ?
what the hell else would you use? lmaooo if nobody is using it it is hard to say it is popular. found the bch bag holder
"insider confirms," said the insider. did you pass hs english? also, "it really is awesome in terms of expanding adoption. so, so many people solely use amazon" -your words
if pump lasts longer than 4 hours consult your telegram.
what goes up and never cums down
nah just one big pump.
which drugs tho xd
or: scammers gonna scam, people are stupid, has not already mooned: pick one to three.
i’d definitely the icoin
sure lil one, but you look kinda sus
this entire subreddit is built entirely on speculation. i don’t see why that matters.
i work in big data. no company no matter small or large is willing to give up administrative power. no one. they would rather make things harder for everyone then have permissionless access.
yup. like i said fanatic echo chamber. i remember thistinctly when you cab driver or barista starts talking about stock advice is time to gtfo. well i’m starting to see the writing on the wall here as well.
they say dyor but looking at this subreddit it’s a very much an echo chamber of fantasy. taking any time to actually doing your own research can lead you to same same conclusion.
think at this point many people in here have gambled more than they can afford to gamble. with the way folks are dcaing it seems if crypto were to not blow up the way this sub makes it out to they’re going to be in big doo doo. this leads to a lot of fear when i post comments like the ones i do.
this is a valid concern but cyrpto hedging inflation is more so an after thought than the primary purpose. remember btc wasn’t meant to be a store of value during inception. with that said they can easily peg coins to specific services and goods eg prime membership for 1 token. similar to forever stamps or the costco hotdog.
your brain and knowledge of the space itself. or the holder growth. regardless of any metric you cannot say that a hard fork of bitcoin is not one of the most popular coins there are.
yes, seeing something like this, is awesome for adoption... that is still not me saying it is confirmed. lol. you're putting words in my mouth
i agree, it is silly to think that a company would use something that they cannot control when it wouldn't even make a dent in their coffers to make their own and might even turn a profit in the process. i kind of hate that it is amazon were talking about but i'm excited to see what kind of reactions average consumers have.
not entirely at all, but certainly forms a substantial part of it. the difference with your comment is that you sounded like your comments were justified by recent events but zero has been confirmed yet…
ya it’s tough i’ve heard that analogy to with the idea of be fearful when others are greedy. i just am a big fan of crypto but the idea it will overthrow the world vs be acquired into existing companies is hard to imagine
if it was in fact popular then we would see the on-chain metrics showing that. we do not, and nobody is using the coin. how can it be popular if nobody is using it? hell, we can even look at exchange trading volumes and see the same thing.
again, your hs english teacher should have taught you what an exact quote is (not your fault)
i don’t see how it’s logical to assume any fortune 500 company will adopt existing cryptocurrencies over using their own as anything but speculation. there’s many more cons than pros in adopting an existing coin, most importantly control. no billion dollar company is going to give up control for the masses. the idea of decentralization goes against everything they want to do but yet, we’re actually hoping that faang companies and the like actually adopt existing currencies as use cases. this is why you don’t see apple using aws servers or facebook using azure servers, because they can afford to use their own fucking server farms. frankly this is just fucking fanatic.
this overthrow the world nonsense gets posts on here. is fanatical. can you imagine our nuclear codes being run on the eth network? lol. fucking nonsense.
agreed. i was interested in a handful of coins. but given their low market cap and well the fact they don’t do anything eg ada, no matter how popular, i refuse to buy. frankly after doing a boat load of research i actually stopped dca even btc and eth. it’s way way too speculative. especially don’t like how manipulative it is.
you clearly do not understand crypto too well.
the title is an account of somebody else confirming something...read the part after the comma. that is not equivalent to op confirming the thing. op is relaying the information that the insider has confirmed this. but yeah i guess keep attacking *their* english skills.
dude... you're another level of troll. lol. someone should have taught you that your perception of the world dictates how you see it, and that it is always from a biased pov...
69% or 420% i am not picky
we better go to 100k by eow or i'm fucked.
this is the first time i'm doing this, i'm looking forward to the results:).
100 on +10% or more 🚀🚀
the first option you thought of, go with that one.
it's always good to have empirical evidence that we do not know shit about fuck. good luck everyone.
people believe in moon!
i’ll probably loose this as much as i am in red on crypto
if you like movement look at harrypotterobamasonic10inu or just bitcoin ticker. but only if you have a sense of humour
whats happening on jan 24?
somebody give me the answers.
my tea leaves have had the whispers. my shadow was absent this morn. follow me children!
ok but what's the starting point? january 1st?
my first time of doing this so i hope i'm damn right
okey doing this for the first time looks like fun
i’m bullish af but i’m going to financially recover from this.
last time they had this i’m pretty sure i missed it because it didn’t show on my feed. glad i have done it this time.
well that was fun
i’ve never done this before! such a cool feature! can’t wait to see the results 🥰
i see we are very mildly optimistic. i'm looking forward how things gonna be 😜
wish there were more ways to play. can’t i parlay these things lol.
i always go full bullish and then the bears come out. time to predict like a bear, get ready for the bull!
i will not move that much considering that we are in a crab market
made optimistic predictions. i still don’t understand how the moons work
there should really be a "we do not know shit about fuck option"
if i predict it will go down, that only means it will go up!
on my birthday. i'm going to go with 48k
what i do not like is that the start point is never clear, 0-5% from where???? 40k 42k 43k???
what is 100k by end of 2021 for 1,000 tournament points, alex.
do we get moons if we get it right?
+0-5 seems to be the trend 😂
placed 227 last one, lfg for another opportunity!
five billion million percent
i would tell you what i picked but i don’t want to curse the movement
maybe all of the above
after tesla stopped accepting doge for most things and being in red so long it might drop
i think you're fucked.
i'm on standby ready to fuck you at the eow.
that’s what she said
betting on an upturn between +0-10%+ on every one other then bnb
intuition is often right, ask miss cleo!
i feel this on a spiritual level
[this should help!]( 1. ⁠go to home page for r 2. ⁠select predictions tab 3. ⁠click on a prediction (read the info provided in the body of the post) 4. ⁠choose your bet 5. ⁠confirm your prediction
> harrypotterobamasonic10inu tbh that is pretty funny
the post is auto-upvoted when users cast their predictions, but for moon thistribution purposes these posts have always been excluded.
that does not make sense
bots and manipulation. welcome to reddit. enjoy the “authentic” thiscourse.
for each prediction pertaining to price a reference price is included, you can see the individual prediction posts by going to the predictions tab at the top of the sub and scrolling through each one. for btc the reference price is ,481.01
well done , now make it better this time
i'll bring the lube.
the results were... underwhelming
i don’t see the tab :( i only see leaderboard
i'll be the lube🍄🍄🍄🍄
that’s strange, try logging in to new reddit on the desktop site and see if it comes up
what? it’s true lol. spend any time on new and you’ll see it firsthand.
replying so i can remember to do this on my pc. thanks!
* **proof of work [pros]( & [cons]( - participate in the r\[cointest]( to potentially win moons. prize allocation: 1st - 200, 2nd - 100, 3rd - 50. check the [archive]( for past results. * sort comments as controversial first by [clicking here]( doesn't work on mobile. --- *i am a bot, and this action was performed automatically. please [contact the moderators of this subreddit](/?to=) if you have any questions or concerns.*
you mean the same people who all fly private jets to climate summits and tell us to conserve energy
whataboutism is not an argument
it is embarrassing that this community even considers this an argument, let alone a good one.
in case anyone actually wants to complain about rich people going to space... the space race was just a dick measuring contest between the us and ussr, but look what we got out of it. global cellphone coverage, gps, tons of earth imaging tools. it's a good step towards the future of human civilization
more like billionaires going to space while failing to pay their workers a livable wage or treat them like human beings. bezos has people pissing in bottles so the ai does not fire them by text message.
"fuck the institutions, crypto is going to change the world for the better!!" "advancements in space technology? no, fuck that, that would not be of use to humanity at all! way better to have cryptokitties than to expand humanity's reach beyond earth." do you see the hypocrisy op?
the space industry has done more good for us than bad. not at all comparable
space tourism is meh. but the technology being created by these companies will allow for suborbital flights to take over from long-haul jet air travel - in 50 years it will be the norm. it's not like it is pointless technology. the actual environmental impact of rockets is absolutely tiny. suborbital space travel as a replacement for trans-atlantic or trans-pacific flights is slightly less fuel efficient and slightly more polluting than a 747 jumbo jet per passenger (although it is possible that it could actually be slightly better depending on if they get a few more passengers in. 400 passengers on a starship is a conservative estimate.) however, my point aboout the impact of rockets being tiny still stands. the airline industry stil contribtes about **300,000x more** greenhouse gases than the rocket industry per year. if we were to build a fleet of starships to take people halfway across the planet in 30 minutes to replace the airline industry, all we'd have to do is cut down car pollution by 15% to counteract it. oh, and i didnt even mention that 15% figure is without taking all the jumbo jets we're decomissioning into account as a result of this.
neither are ok. one person . we all need to do better
how do you go from recognizing one wasteful issue and then go on to justify and ignore your own wasteful issue? holy shit "but it benefits meeeee!" is not an argument. just because someone does something worse does not mean we should allow *your* problem that is also wasteful when you add it all together.
i understand what you're saying but if we can go green (like using pos), why not?
how am i going to get to space if the rich people don’t find a way to make it cheap enough? spend those billions to be first! ![gif](emoteemo_pack_1to_the_moon)
friendly reminder that the rich elites have the power to divert all negative attention away from them and onto the rest of us. people like elon and branson will never be on our side
people who _actually_ are concerned about the energy consumption of crypto (as it exists today), are _also_ concerned about these billionaires working to escape the planet they doomed. it can be both.
i thought everyone was used to this
uh weird rant because rockets contribute almost nothing to carbon emissions
you're really comparing a few r&d flights to millions of graphics card running 24? can someone provide a comparison between those 2 activities? also, not saying neither should be banned, but this comparison is, i think, misguided
rules aren’t necessarily there for the wealthy to ultra wealthy, unfortunately.
like your underlying message i get but the comparison is pretty dumb
it's because we do not have enough planet to build rocket ships, have ocean fires, and crypto. one of these things gotta go
if you think the energy levels of the two are anywhere close to equal, i got some news for ya bud.
…. one isn’t ya know… constant 24… why does this even need to be explained?
that rocket fuel you speak of is water...
yeah, when the wright brothers first flew their aeroplane... fuck them! that's going to be of no use to humanity! space flight is huge! this seriously might be the thing that saves the entire global economy from the decades long stagnation it has been in! the amount of new economic sectors this opens up in the years to come will be huge! that takes billionairs spending billions to even open it up as a possibility! crypto is here to stay... sadly its been known for a long time that pow is incredibly energy intensive! miners have seemed to gravitate to geolocation's with cheap electricity and in a lot of those cases that was places with cheap dirty coal generated electricity... its a great thing that is being addressed and many miners are going to cleaner, renewable forms of electricity! the faster it happens, the faster we put the final nail in the traditional banking and fiat money system!
this is super chilthish logic.
if you have billions you can run out of anything tbh.
sec put a stop to him causing fud in stocks. so, now he manipulates the crypto market.
nuke the whales, give me my bag.
ego-driven, centralized society will end itself for sure. invest your crypto profits in a decentralized lifestyle and you'll do fine! i think those who manage to fuse high tech with a basic lifestyle, will be winners.
rules for some, not for others. just look at all the global pain from covid, quarantine, peoples lives destroyed. yet the elites enjoy football:
neither are ok. the planet is totally fucked.
if you actually ask people who care about the environment i am fairly sure the vast majority dont think its ok to just go to space for no reason like that.
everyone who hates crypto also hates billionaires idk who youre talking about
well, elon is a cunt, soooo?
hey going to space is cool. so is crypto! why not both?
because rules do not apply to rich people
it's okay to do nothing because people richer than you also choose to do nothing?
the future of work will be dao’s.
what if we did not have either of those things?
the whole space exploration is in my opinion maximal overrated.
the world of double standards has been around for eons. there's them and there is us...
in summary. buy your crypto. hold your crypto. especially now when it’s boring and buyers have turned their heads away.
the virgin galatic flight pollutes per person about as much as a cross atlantic flight pp. and the blue origin flies on hydrogen and oxygen, so the end product is oxygen. they are actually way less polluting then most people think
it's possible for two things to both be bad, you know.
you mean the same people who told us we're all in it together during the worldwide covid lockdown while they live in gigantic mansions? the same people who tell us that "we're all the same, we're all equal" but live in gated communities? the same people who lecture us about climate change but use private jets to fly all over the world? the same people who also lecture us about starving kids in africa but earn millions of dollars every month and buy luxury shit nobody actually needs? fuck the lot of them. i was secretly hoping branson's plane would explode mid air.
read the **whole** thing below : firstly, this is a ridiculous comparison. these things should not even be compared. comparing energy wasted in mining to commercializing space travel? gtfo dude. like for real. but making that space trip was a gamble from first, it might pave the way to interplanetary travel sometime in the future (it might not as well) but crypto mining is not something that'll save humanity lol. i'm all for crypto though & i like mining, but, there're better ways to do this than comparing these both. those were a regular bunch of people who went to space, if you do not understand what an achievement for the entire scientific, aeronautical community that is, then you've been living under a rock since birth. it's a big step for humanity as a whole. **tl: dr; what i'm saying is, this comparison is ridiculous, useless & should not even exist.**
so maybe we should mine crypto in space
this sub has turned to trash.
many of you all do not understand rocket fuel combustion and it shows. it makes water...
how dare you, richard branson went to space for a reason. as publicity to sell more space tickets to other rich assholes. seriously though can anyone give me a valid reason why selling tickets to fly tourists into space is any different than selling tickets to fly tourists to australia or cancun or anywhere else people go no reason? [branson's rocket releases the same amount of co2 in its journey to space as a regular commercial flight from new york to london, per person]( space is not far away. and bezo's rocket burns on hydrogen which is even cleaner. this is just like any other tourism you ding-dongs.
shut down the airlines ! but open up new ones so we can go to space ! yeah save the earth no more crypto it’s bad ... digital currency put out by central banks good ?
both are good dude and people complaining are usually fucking losers anyways 👍 just make sure to have a negative carbon footprint before you die wether it’s by donating time or money for the cause.
i heard al gore invented cryptocurrency.
the fuel burned by rockets is not even close to be comparable bruh
honestly? i don’t give a fuck about any dollar that is spent on space travel, nor do i care about the reason. exorbitant luxury space tourism, exploration, science, etc. i’m happy to see anyone invest in space and keep pushing those boundaries. we need more space travel
yeah it sucks that they are going to space for basically no reason but virgin galactic is at least doing research and shit. bitcoin wastes energy just to waste energy.
i mean i don’t think people concerned with crypto’s environmental impact are super excited about billionaires going to space either. i don’t really get who this is aimed for.
the entire reason that elon got into rockets is because — and this is solidly documented — he wanted to create a new colony for life on another planet. one 20km rock is all it would take to wipe most of the life off the face of this planet. yes, there will be some pollution involved in this effort. but after we convert over to renewables for most of our power, we can actually synthesize methane. now btc is important. but it’s not survival of life important. so, you’re way off on the comparison. i get it. “boo elon. elon bad. oh, my butt — it hurts.” he made some valid points. move on.
you can achieve the same effect and benefits of crypto currency without the destructive effects of mining and proof-of-work.
to be fair, crypto mining does burns thousands of times more carbon based fuel than all of the rocket launches. not that rocket launches are carbon neutral or anything, but that is a drop in the bucket compared to crypto. i do think we'll continue to see crypto become more environmentally responsible over time (moving to proof of stake) etc, which is good.
learn to make comparative analysis. crypto burns as much electricity as entire developed countries. 1 rocket does not even register as a blip.
the problem with crypto currency isn’t the mining, although that is a problem. the problem is why do i need it? i can just pay my rent with us dollars why do i turn my dollars into bitcoins and then pay my rent? it’s like money with extra steps. plus, the value of bitcoin would change between the time i bought it and the time i give it to the landlord. it makes no practical sense.
this study suggests that bitcoin emissions alone could push global warming above 2°c should it follow the rate of adoption of other broadly adopted technologies (i.e the internet). although the study is from 2018 and the results could be different today, i still think the issue should be taken seriously.
if i ignore the whataboutism here, if you actually do some research and do the maths, you'll find out that elon's rockets not only use the cleanest available means of rocket propulsion, but also that the environmental damage from space rockets is minuscule in comparison to the one created by crypto mining. not that i wanna defend elon, i'm not fond of him either, just stating the facts.
i think you underestimate how much energy bitcoin uses and the fact that the energy usage is not even necessary. the fuel in the rocket directly propels the rocket upwards. the energy waste in bitcoin does not impact the performance of the network. and the waste is colossal.
i seriously doubt the amount of rocket fuel used in a year would even have 1% of the emissions caused by millons of people crypto mining from non-renewable resources like coal 24. that being said. crypto mining only causes emissions because of country's reliance on coal. it is not crypto miners fault that green energy sources like solar.
your whole posts is whataboutism.
upon reaching orbit, the world's heaviest operational rocket will have burned about 400 metric tons of kerosene and emitted more carbon dioxide in a few minutes than an average car would in more than two centuries. but hey let’s pick on the average person and the hardly polluting car, or make me eat less meat so u can fly to space for fun. fuck you!
wow what a thoughtful in depth summary you have. really puts into perspective how much is being wasted on space travel and climate change all in one post. bravo you giant fucking twat.
it’s all wrong. it all has a part to play in this crisis we’re in. we all have to do our part. rich and poor. connected, thisconnected, crypto miners and rocket makers. that whataboutism crap is giving people the idea that if “they” don’t do everything right then i’m not going to either. here’s the thing, there is no “they”. there’s only we. we live on this planet. it’s in trouble. we’re in trouble. do what can.
this is a very communist scarcity mindset way of thinking. be careful. it is true it may be not something that is that 'important' right now, but these type of events tend to lead to better technologies. tribes in the amazon's have lived that way for thousands of years and they havent contribute to a technological push. capitalism has done more for humanity in less than 100 years than, socialism, has done in thousands of years.
i left this subreddit months ago. having been offered a quick peak at where things are at here currently i’m very content with that move. the weakness, oh the weakness…
go to space for no reason. no reason?
gonna keep it real w u. the fuel 'burning' is the least environmentally damaging part of rockets
yeah but let us be frank. btc is a waste of energy. there are other pow that is much much better for the environment
this is the dumbest popular post on here like jesus christ
i think going to space benefits humanity far more than crypto ever could. especially given the current state of crypto, bloated with all these get rich quick scams.
complaining about billionaires going to the moon has got to be the worst argument for crypto
gonna earn a ton of downvotes for this, but... billionaires in space without reason: bad for the environment. crypto mining using as much energy as a small country: also bad for the environment. saying "what about x" does not improve one's own actions in any amount
okay, two things to unpack here. 1. space travel is a massive step forward for man kind. it's not some billionaire hobby, it is something we as a race need and are benefitting from. you do not get to knock it, *especially* when you turn around and talk about the future and a better world in the next sentence. ' 2) >even though it’s a insanely smart and useful technology that will 100% be a part of our future and probably for the better of the world that's blockchain. cryptocurrencies are just one thing being built on the blockchain, more specifically public blockchains. but do not conflate the two. blockchain technology itself has a myriad of other uses. to say that being against bitcoin's massive carbon footprint is being against blockchain is just false.
but space exploration is actually important and funding going to it means advances in various fields and the eventuality that we'll have access to materials from off-world. if you want to solve global warming and the whole climate problem, even though the human portion of it is not really the main cause and it is just normal climatic cycles, then consider telling china to knock it the fuck off with their bullshit.
they for sure are hypocrites but lets not confuse the importance of space exploration and equate that to crypto mining. holy shit they are not equal at all.
fuck crypto mining im unable to buy graphics card for months now. using cpu integrated one. mining needs to go
there is reason. it’s called the advancement of humanity
crypto mining is terrible for the planet regardless of what the billionaires do. besides, mining is not needed at all for a secure decentralised network. we need to use and push the eco friendly alternatives within each industry if we want it to be part of our future.
i think energy usage is a stupid debate when proof of stake exists, but playing devils advocate: a small handful of ceos being incredibly wasteful of resources will never be as damaging as 7+ billion people in the world being even slightly wasteful of those resources like, it’s not even close.
i’m glad we have standards save the whales, not the animal but the phat-cat-billionaires.
there’s not another way to go to space.
don’t forget that they are paying any taxes while doing all of that, and we have to essentially pay taxes twice on any staking rewards!
that specific issue exists globally…the world is more concerned with what kim k ate for lunch, or what color kendall jenners bra, or what literally anyone but them is up to in life and then berate them just because their life sucks to give a fuck about what actually matters...
this is why networks who are focusing on making a green coin aren’t doing anything for themselves. it’s a noble thing to do, but us regulators are only using climate change as a narrative to attack crypto.
pretty sure rocket fuel is liquid hydrogen.
this post is spot on. many crypto fud is non-sense
pow is evil. buy nano.
ehh i wouldn't compare the two. you need that billion dollars to advance commercial spaceflight. it's pretty historic if you ask me.
huge strawman. very few people okay with billionaires going to space that also mad about crypto
agreed. billionaire's should back off about crypto but i cannot say i can criticize them pushing the boundary of science with these endeavours
nations can and should adopt green energy and make mining clean. rocket fuel is rocket fuel (not knocking rocket programs at all).
rich people play by different rules. unfortunately that will probably never change even with crypto. but we can hope!
why not complain about nasa and space programmes as well while you're at it.
hence all await the coming of ethereum 2.0
right and these are the idiots affecting the market prices
it is not exactly helping. proof of work needs to go away.
isn't crypto as a source of pollution more an indictment on our power grids than crypto mining?
scale is the big thing here. yes if every billionaire launched themselves into space every other day it would be a big problem but from what i found in articles(spacex specifically) is about 336,552 kg of co2 per launch. crypto is estimated at about 22 million metric tons of co2 a year. so about 60,273 metric tons a day which would be about 180 rocket launches the globe is not averaging 180 rocket launches a year(if you count missiles then way more but that is a whole other problem) it was 114 in 2018. so one day of global crypto mining is producing more greenhouse gases than all of the worlds rocket launches in a year. compared to average person yes it is way more greenhouse gases produced by billionaires but there is also very few billionaires compared to global population.
getting to space will secure fuel for trillions of people in the future.
blatant hypocrisy? from the worlds richest men in their never ending pissing contest? no wayyyyyyy.
how does this even have so many upvotes...
what a stupid argument
spce is a publicly traded company, it is not that much pollution
thankfully there are not many rich guys with spaceships
whoever agrees with this post is an actual smooth brain.
but crypto is 100% unnecessary made up shit by man. and so is flying in space for fun.
or maybe, just maybe, both are bad. 🤷
it’s almost like the elites are taking the piss out of us... surely not?
you lost me at going to space for no reason.
no one is doubting that blockchain is a valuable technology. the issue is that it’s being used as a form of security which has not other value aside from then energy pumped into it to exist. it’s highly speculatory abs backed by no actual assets. coal plants are literally being restarted to power crypto mines - plain and simple, it’s bad for the economy.
billionaires make the rules
i think that the hate on crypto is basically fomo
i mean, the main people who say one is bad also say the other is bad
who do you think owns these news corporations that are giddy about billionaires going to space?
most rational people are criticizing billionaires for going to space, also that has a vaguely scientific purpose, crypto is just money.
what was the phrase, two wrongs?
uhhh ... bezos rocket exhaust is just water vapor...
you could not possibly be implying that the rich and corporations are responsible for 99%+ of the waste and environmental destruction and are constantly shifting the blame to the people? one amazon warehouse was recently revealed to destroy 100,000 items a week. literally there is nothing that you could do as an individual that could even approximate that, and that is just one warehouse.
this post is absolute cringe
maybe we should dig huge holes in the earth to remove rare metals so we can solar power our mining rigs?
you might make the argument that the resources spent on developing new technologies have a tangible result or output. crypto mining just makes more imaginary money.
humans emit lots of carbon dioxide - every time they breathe. perhaps these billionaires that have opinions about how the rest of us should live, should just stop breathing.
you have no idea of the scale of things. no idea. you're like those people that cry when the president gets to travel abroad in covid times for the g7 summit but they cannot go to their beach vacation in spanish islands. the scale. how many people mine bitcoin, using how much energy, for how long? will this continue? will this increase? a guy on a rocket is one guy on one rocket. scale, fuck sake. this is the same reason you guys fall for pump and dump shitcoins. you cannot crunch numbers.
this all energy and environment concerns and talk have been going on for so long here
nobody is saying it is environmentally okay for him to go to space. newsflash: you're both idiots. it's not mutually exclusive.
uhh, you realize the two are not mutually exclusive? crypto mining is still a massive energy sink. you are comparing two completely different things.
the same people who hate crypto mining hate billionaires going to space for ego. dumbass.
rocket flights even at the high end are about as environmentally taxing as a 777 on a transatlantic flight. there are 40 million flights a year for context. crypto mining uses 0.5% of the world's (mostly carbon-based) energy. carbon energy sources are currently our only choice for escaping earth's gravity well, the energy potential or volatility does not check out for our other options (hydrogen, nuclear). crypto can be insanely efficient with staking systems or renewable farms. rockets taint our atmosphere marginally and pose amazing opportunities for scientific and technological advancement. ineffecient cryptocurrencies are an unnecessary and significant carbon burden. i'm not against crypto, but the facts check out that we should move to something more sustainable. we can literally create a completely decentralized money system that cuts out third parties, fees, delays, and any noteworthy energy consumption while also being more secure than anything we've ever had. that's what should make you rock hard, not making a few bucks wearing out your gpu. billionaires going to space just shows that the technology is advancing. early adoption always has a super high premium. the first cars were prohibitively expensive till ford made the neccessary innovations. the first vr sets cost tens of thousands of dollars and were only available in arcades, but now they are 300. the first launches to space cost hundreds of billions of dollars, but now a round trip is ,000. the fact that billionaires can now afford to go is a good thing. the bar to entry is now the world's wealthiest, where previously it was unavailable to even them. give it a few decades and it will be available to the middle class as well.
space flight will be more essential to human life than crypto currencies will in the near future. we’ll need them to escape this shit hole with people like you who deflect the issue onto others…
it's also possible for multiple things at the same time to be bad. so just because billionaires are shitty people does not mean wasting energy is not bad.
they can both be bad
bitcoin mining is pretty obviously a spectacular waste of natural resources at this point, but more efficient algos definitely make your point salient.
maybe they are so worried about climate change, that they are searching for another planet to live on
absolutely delusional amounts of copium bitcoin, as well as other cryptocurrencies, has huge energy consumption problems. instead of deflecting, solutions need to be found. this is the essence of technological advance. if you want cryptocurrency to move into the actual mainstream, positive evolution of the technology must occur.
at least the billionaire is doing something for the future of humanity. any money spent on science and tech never goes to waste. it's all knowlagde for the future generations... unlike you or the air you breathe...
there's a shitload of climate misinformation and denialism tinged in this thread and top comments. you'd have to try pretty hard to do something worse with this subreddit. if more people in the cryptosphere we're actually properly educated and could speak intelligently on the topic it would probably help our case. saying shit like "the oceans are literally on fire" as if it is hyperbole makes us all look like shit. no the oceans are not literally on fire, they are literally acidifying and dying. in a few generations as the coral all dies off and the marine ecosystems collapse we may be left with little else than jellyfish in our dead oceans.
yep, richard branson is never critiqued for his pointless trips to the edge of the atmosphere is he? all he is doing is promoting space tourism for the rich...it will have zero benefits for the rest of us.
why cannot both be bad?
what if both are a problem? just because someone else wastes energy, does not make crypto mining a smaller problem. we will need to get rid of pow sometime, imho better sooner than later.
do you think us folks who are against it are pro billionaire space travel? use your brain.
now is the time to make better system, like we talk about making a better system. corn mining was dirty, let’s use this time to build something better, cleaner, greener. that’s the only way to get the entire industry in, anyway.
"exxon exists, therefore it is cool if i pour motor oil in my garden"
i actually think going to space is really cool, and crypto mining can be replaced easily by alternatives like proof of stakes. its not about banning things its about using green alternatives when available, like an electric car instead of gaz car. i do not think there is an alternative to rocket fuel at the moment.
whataboutism can be fun
two wrongs do not make a right.
to be fair, without the tech created by nasa during the initial space programs, we may not be where we are with current technologies. one can only imagine the next wave with this new "space race" of sorts.
you're salty on your position, obviously. you also know nothing on space goals, obviously.
it’s not okay for anyone to go to space for no reason? dude. you’ve got to learn to smoke more weed.
muh rocket fumes!! the new reddit trend
we just need more power!!
crypto miners arent responsible for how their energy is created. they are literally blaming the consumer for something the manufacturer is doing.
both things can be wrong
same people that drive electric cars that get electricity from coal powered plants. green energy
space flight is nothing compared to crypto in terms of environmental impact. it’s not even close. also, some space flight has literally zero impact. when bezos goes up that rocket will not output any co2 or other harmful substances.
media is holding much
just remember 'tomato sauce' on pizza is considered a vegetable by school lunch cafeterias and poor kids cannot graduate if they owe the school for said lunches.
1. the carbon emissions for space launches (at current activity) is nothing compared to what it would take to power bitcoin for the majority of global transactions. 2. launching large amounts of mass to orbit (or beyond) actually requires large amounts of energy due to the laws of physics. 3. secure transfer of value has no such requirement, and has been proven to be faster and just as probabilistically secure using mechanisms of consensus requiring less than 1% of the energy consumption of bitcoin.
this is kinda crappy whataboutism. we should be focusing on why bitcoin is worth the energy usage and why the environmental impact is overstated (because it uses renewables and how the portability of mining operations incentivizes miners to go to places with excess energy). even if it is true that other activities consume a shit ton of energy, it ultimately does not matter because people who think bitcoin is magic internet money will always think _any_ energy use is a waste. help them understand the value of bitcoin and you'll start to gain traction.
i mean spacial technology is something useful, while wasting a lot of energy on placebo money is retarted on my view, i will reather spend them on actual technology.
crypto mining is not great for the environment as it stands. not because of crypto mining directly but because of power consumption. we need renewable energy, i agree rich people going unga bunga space is dumb af rn, we should be focusing on earth unless there’s something common people aren’t being told about earth.
i want to see you power los angeles for a few years on a couple gallons of rocket fuel, its not even close if you combine all the crypto power usage
they didn’t become uber rich without a little hypocrisy. i agree 100% with your line of thought op. elon musk knew what he was doing when he made that statement. he cries like a little fucking bitch when people short his hypocritical companies stock but has no problem fucking the average person doing the same exact shit in even a more manipulative way. fuck everyone one of those overly greedy narcissistic hypocrites. their companies do more harm to our environment than all cryptos combined at the expense of its own workers.
too much stupid in one op, even for a stupid crypto sub.
i think like, one is advancing our species technologically while the other is digital limited edition monopoly money that might thisrupt economies and ecosystems because people are attributing them the cumulated value of all the energy it consumes, which in turn incentivize people to use even more, mostly cheap and dirty, energy and resources to mine for it.
we already know it is media manipulation. look who owns the media.
the absolute state of this subreddit lmao
easily the stupidest thing i've read today. the technology invented for space exploration has progressed humanity far more than crypto mining ever will. not to mention just because one pollutes the environment does not mean it is okay for both to do it. there are alternatives that work just as well, there is no reason to use pow anymore.
just throwing this out there… i’m 100% going to space if ever the opportunity rises. sorry, not sorry.
media: “all right everyone. we’re not getting as much attention on our covid headlines. let’s go at crypto now”
last time i checked space travel benedits humanity on a far greater scale than crypto currency would dream to do. lol
how is crypto mining bad for the planet?
the system is made for poor people to fail!
if two wrongs do not make a right try three? naw.
we need to conserve our energy usage, so that the rich can keep burning an insane amount for their lols.
left wing fascists propaganda
im here for the "procapitalists bitching about capitalism fucking them over," buffet. can someone point me to the start of the line so i can get my plate lol.
save the planet!! safemoon uses tokenomics instead of mining! be smart, be green, be a safemoon astronaut!! safemoon wallet coming out end of this month! exchange and it’s own blockchain in the works!!
when you're a billionaire you can do whatever you want. jeffrey epstein? guy just did not have enough money.
look up how much fuel "the crawler" uses for one trip lmfao
i mean going to space is about the least wastefull thing billionaires do but ok.
agree. the problem is the media is big business in the 21st century. there is no real investigating reporting or impartial news anymore. big business essentially owns everything.
what if i'm against both. nice try at a strawman argument though
i think the only way it could have been more inappropriate is if they launched during the peak of the pandemic and threw sanitizer and paper towels down to the minions on this planet. the only reason they want to save the world is so they can own us.
we tried to explain, you all hang on strawman, so of course you ask that question in the safe space.
no you should both stop
they go after crypto because they can’t control it
both are terrible for the environment.
billionaires control the crypto market. they are classified as “whales”.
the hypocrisy is unbearable. they don’t care about the environment unless it supports their narrative.
i was told by someone one here after mentioning pollution that rockets launches do not emit pollution but water. it was on a page about cars polluting and how we need to stop 😆
wait, who said the first one was ok? not me.
i dont care what your individual carbon footprint is so long as you work to politically hold our economic system and the billionaire class responsible for pillaging and destroying the earth
hear hear!! somebody give this man some moons!
both are evil. so what the hell?
both aren’t great. the environment is still important.
can't beat them, so i'm working on joining them. see you in the citadel
i’m fairly certain the people mad at crypto for being an energy sink also don’t like bezos going to space
you do not have be eco if you do not want
a single asic miner consumers as much power as two microwaves being constantly on this can range from 7 - 20 bucks a day - for me that would increase my electric bill by almost double hypothetically. being that an entire warehouse can easily suck in more power than entire cities it makes sense for their to be regulation standards on these mining facilities to create their own green energy. not our fault you choose not to innovate with more efficient miners. yes its attacking the consumer but that is the whole point in changing commerical behavior by hitting the wallets. also rich people going into space is stupid but our society loves stupid.***
crypto mining consumes more fossil fuels than multiple countries combined.
i may get downvoted for this but we can’t justify “you’re doing something bad” with “well someone somewhere is doing something worse” both miners and him need to take accountability. (also if you’re wondering why i’m here if i don’t like the environmental impact of mining, i came from r)
environmental fud on crypto is not even a thing. lots of things use electricity. most power plants, renewable energy or dirty energy, at various points in time throughout the day are producing more power than is being consumed and battery tech as it is now is not cost effective or feasible for storing it for later use. it's just wasted. sparked off into the ether. what better way to make a renewable plant cover production cost quicker and justify its existence in a place where there are not enough citizens to merit spending that much to construct a plant than to put literal money making machines in the building that run on power that is otherwise flushed down the toilet? pow crypto is the obvious solution to making renewable plants not rely on government subsidies and viable in markets, regardless of how many or how few people live there. so the hatred has nothing to do with electricity use or renewable mix or hurting the environment. 5 minutes of thought on the topic would show crypto using electricity would not boil the ocean and actually helps makes any renewable plant a profitable cash machine, not just an eco friendly dream. the hatred is *crypto is stupid and dumb so any amount of anything spent on it is dumb*. a smart person working in crypto is using their brain for something stupid and dumb when they could be out there curing cancer. that's what the argument really is about: crypto is dumb so why do we *waste* ***any*** amount of *anything* on it?
hot take, these are both bad.
why do you guys depress me everytime... cmon guys... im with you but talk about something more cheery idk...
none of it is ok
putting rich people on rockets sounds like a great idea.
shouldn't we save the ozone layer! going in and out no bueno!
yeah you got the gist of it. commercial space flight is important while crypto is not.
what are you even trying to say with this post.
why are you so fucking dumb
you just brought crypto prices down a bit with this stupid post.
what? there is staking. there are solar farms. stop watching cnn. ok.
some billionaires going to space for no reason does not cause as much environmental damage as crypto mining.
and what does this emotional rant achieve exactly...???
we have a billionaire space race while 12 people die from hunger every minute.
richard branson and bezos sill do. i thing different they hasn’t been done before. that fact that rich business men did it instead of nasa but 60+ later is kinda or ridiculous not in a good way.
quite possibly the best point that anyone has made in a long time. if i had an award to give out it would be yours my friend 👍🏻👏🏻👏🏻
two things can both be bad
well, i agree with you, do not get me wrong, but the same argument can be made for civilian space flights, right now it is just people pioneering the future of the world, even though it has a carbon footprint that is non zero
it takes 100 falcon 9 launches to equal a year of bitcoin energy use.
life was never meant to be fair.
i mean it doesn’t actually burn a ton of rocket fuel it’s equivalent for the virgin galactic to a cross atlantic flight per person
there are double standards like this everywhere. stand up for what you believe in.
sad reality is that it’s easier to shut down the masses than it is to shut down those with money. how it’s always been.
no neither are ok, destroying the planet is not ok. why does this sub have such a hard time with this? nothing but strawman arguments from every btc fanboy and its driving me nuts
the ocean is on fire because of a state run pipeline bursting.
they can both be stupid terrible things, which is convenient because they are
poor people becoming not poor is one of the scariest things these people in power see as a threat. the system they have in place relies greatly on the majority of people (working class) to be financially insecure (feel they need this job to survive the next few days), as well as, lacking personal freedom(stagnant wages, longer hours, rising rent, rising food, rising gas). they can’t have any of the poors find a way to become wealthy so they actively squash any chance they can. it might be hard to see but there is a pattern out there and this whole tying crypto to global emissions fits right into it. there is a reason they only care about the environment sometimes. poors having a chance at fiscal freedom, now that’s something they can’t have. non poors racing to send ships to the brink of space; nothing wrong with that, those are the people that get to play the game. now get back to building the board for them, it’s tuesday we are supposed to be cogs in the machine during this time.
yea some bs for shre
yea but honestly, there are hundreds of thousands of people mining. and a handful of billionaires going to space.
neither is ok ' 99.999999 of crypto is nothing but a criminal ponzi ' period ' not even a question about it
both things are pretty stupid…
every bank runs on windows xp crypto: i need nuclear power plant to do basic task 😐
rocket fuel is not gasoline and many types of rocket fuel do not actually pollute at all. liquid hydrogen mixes with liquid oxygen which causes an exothermic reaction creating thrust and water vapor. the only rocket fuel that pollutes heavily are the solid fuel boosters like on the space shuttle which is not in service anymore.
the dwarves delved too greedily and too deep
the biggest contributor to manmade greenhouse gas emissions is animal husbandry. yet nobody would ever consider going vegan even though its also better for your health. world is fucked either way.
both things are shitty. we've gotten along bartering without crypto for a hundred thousand years, we do not need it, it does not solve any real problems, at least it does not solve more than it creates. it's literally turning electricity directly into money. that's all it is. a vessel for people to get rich quick. so instead of spending all that energy on useful things like food or housing it gets funneled into bank accounts that allow the rich to get richer every year.
wait, are we sure the ocean being on fire has nothing to do with crypto mining? it was gas on fire (kind of) and...eth uses gas. seems pretty sus to me.
people love to talk about how crypto mining is damaging the environment but when billionaires launch rockets into space that destroy the environment, no one cares.
i mean the billionaires are funding space exploration and acting as test subjects for commercial space flights but i see your point.
it's not one or the other, both things can be dumb at the same time.
stop the thisinformation, those are not comparable sources of co2
yeah but space is cool so
i'm not going to defend billionaires or their lifestyles but there is at least some usefulness to casual space travel. we need as much data on commercial space travel as possible if we ever want to try to legitimately leave earth and colonize the moon or mars or wherever. theres no potential humanity saving upside to crypto-mining. but yes both are bad
yeah...everyone should recycle more, waste less, conserve energy, go electric for your car etc etc...sent from my caribbean mega yacht because i am a billionaire...do as i say...not as i do.
let ‘em go to space…. cause we’re going to the moon baby!!
i'm not defending billionaires, but space exploration is a fucking boon to humanity from so many different angles, whereas crypto is just a fucking cancer, also from a wide plethora of angles.
someone smarter than me calculate the hypocrisy.
crypto is just another way to gamble
crypto is useless, has no practical applications and it is literally killing local communities after people literally reactivated fossil fuel power plants to mine it. it's probably the worst modern invention.
my mother always had a saying “ two wrongs don’t make a right”
ay tony, moon framing i see.
it’s not one or the other. it’s everything accumulating. everyone needs to change the way they consume resources.
rich people can truly do anything. remember the kardashians who water their lawns during droughts in california?
having worked at an international bank in the payments, i believe that all of the employee salarys, downtown offices in every city, 200+ different fees for transfers (each country different), electricity and emissions to run all of that, yearly events with expensive keynote speakers, etc. - crypto may use a lot of energy, but it is still in its infancy and banks do not seem to be openly speaking about blockchain as much as they should (or crypto). years ago i was looking for jobs at banks working with crypto - they were looking, so i'm betting they built some sort of system to hedge or to use ...
oh fuck yeah let us watch crypto slowly get taken over by right-wing reactionaries. this will end well.
i'd say there is about zero overlap between people who think crypto mining is terrible for the environment, and people who think it is cool for billionaires to launch into space. i'm not sure who you are yelling at, but it sounds like a made-up strawman.
we are an arrogant species. nothing is happening on this planet that isn’t supposed to happen. we are all a part of the grand scheme. we are simply collective pieces of the universe experiencing itself. the book of life has already been written and is playing out exactly that way. we worry ourselves about the inevitable, preposterous really.
same people who use this narrative about bitcoin being unsustainable never complain about the insane amount of green house gases used to drive to work everyday to make a paycheck.
bitcoin was debunked already that it doesnt use much power. you ever see how much power one google search takes? more than bitcoin mining!
i mean you're right but ya know like 2% of humanities electrical use goes towards bitcoin or something. its fucking ridiculous and needs to scale back
this is the dumbest fucking thing i've ever read. take some goddamn personal responsibility.
ye these double standards are pretty hypocritical tbh.
this is a ridiculously dumb take.
i mean, these guys are working on a way to get themselves off the planet when it dies, because of crypto mining. sheesh. cut em a break like the government's do.
come on, going to space is cooler than crypto
as if printing money does not burn forests, fuel and ocean.
people are unhappy with both…
we can critique multiple things at once. we can need to change multiple problems at once. one thing being bad doesn’t change that another thing is also bad.
billionaires in space are 💩 that does not change the environmental impact of crypto mining. the two things are totally unrelated.
short the stock market
can someone actually tell me why the hell china is targeting btc mining and shutting it down? let people do wtf they want
this is a very bad comparison to make. first of all, you can legally purchase and exchange crypto in most countries... so you are comparing two things that are unrelated (space travel and crypto)...but also you are complaining when crypto is legal. if your argument is "well, crypto is legal, but some people are saying its bad", then who cares? some people say marijuana is bad, some people say vaping is bad, some people say capitalism is bad, some say ...who cares. do what you want to do - except do not make threads like this :d (joke lol)
how about its both wrong? have you thought about that?? stop wining about crypto this and that. so sick of it.
this is not an argument, it is a common fallacy. comparing btc mining to other (seemingly worse) ways of polluting the planet does not prove anything, and does not lead anywhere. an analogy off the top of my head would be comparing the emissions of a vehicle to emissions from poor people burning rubber to stay warm. why would you ever compare the two? both are ways of polluting, both serve a more or less justifiable purpose.
exactly, i watched the video of the ships burning flames and i could help but think of the same thing….global warming
can’t believe more people don’t think this.
hot take: they are both bad, and are just two sides of the same... *coin.* and that coin is called capitalism.
elon should stop rockets until they are atleast 51% renewable
they dont understand the technology , simple!!!!
i mean you 100% right their hypocrisy is insane but that is why you gotta keep pointing out everything they say is a fucking lie and they the biggest liars...
soon we all will be billionaire
another example: rich billionaires get the green light, anybody else doing remotely something similar to gain wealth... alarm bells ringing and paying to get laws into motion.
i'm probably gonna get downvoted to hell, but crypto is not 100% going to benefit us in the future. it's getting more and more adopted and secure but it is still volatile and new. is it going to succeed? i honestly do not know but i hope it will. but saying it is a guaranteed part of our life is just straight up wrong.
why are billionaires so useless nobody cares if you’re in space you prick . especially branson a prick that sues the nhs for not getting his own way i hope he melts in the atmosphere
this is a stupid argument. comparing the carbon footprint of rockets to that of crypto mining is like comparing your net worth to that of these billionaires. we won’t even mention how it increases interest in space research, which is how we have gps etc.
i hate billionaires with space companies and i also hate crypto.
dude, stop crying, thats just how the world is today, you can litereally do everything and get away with everything if you have enough money. thats why we all here. small deal guys like you rant over this since decades, it wont change y thing. crypto however, will change eveything eventually.
idk dude didn’t a petition get like 50k signatures for bezos to just stay up there
i bet the real reason so many civilizations collapsed around the equator is because they started mining crypto.
maybe because all it takes is to become asic resistant and boom! energy use plummets to negligible amounts? or better yet, switch to pos and whoa! no more energy use. do you know the same alternatives for rockets? because i do not. do you want me to show the idiots on r?
it's incredibly shortsighted to look at "billionaires in space" and suggest that there is not some wider purpose to this. government space agencies like nasa are losing budget (when inflation is also considered), and in order to maintain affordable access to space, private enterprise is now required. different space launch providers have different avenues for generating revenue. one of them is space tourism. it's a necessary evil. and before anyone starts questioning *why* we need access to space, just look at gps, climate monitoring, better internet access in developing countries, etc. sorry, but these are 10x more important for the world than crypto.
this is an... odd ultimatum fallacy...
i'm still signing the petition to not let these guys back once they leave earth.
yes this is bunch of bs and i am sick of hearing how good these people are when they fly up to space for no reason at all.
i dont see a problem with either side doing what theyre doing.
how dare you try to be a tidy bit richer and attack those trying to space travel while making fun out of the environment? man if this was twitter you would probably be hunted down with pitchforks and torches lol
can someone do the calculation on mining versus rocket fuel.
thats why you dont listen to billionaires
propaganda is what it is, concerns about the enviroment are nothing more than manipulation tactics employed by the system. they dont give a damn about the planet or us
to be fair, look, guys, to be fair, crypto mining has a non-negligible impact on the environment. and say "excess energy" or "mined in places with renewable energy" etc all you want, but it does not stop there being a helluva lot of crypto mining done at home or in places where the primary supply of energy comes from fossil fuels. it'll be a long day if btc developers can agree to changing the mechanism over, if ever.
crypto is bad for the environment, as is billionaires going to space for (as far as i know) little reason related to progress. the real root of the problem is the wealth inequality that encourages people to crypto mine to make money, and the same inequality that allows billionaires to go to space. climate change is tied to economics.
u murdered one baby so why would not you let us murder five babies?
can we maybe just say that both of those things are bad?
rockets are literally the most efficient engine. the exhaust of new shepard is water. the main engine of the sls and space shuttle spewed out water as well. horrible
its like when lewis hamilton said we plebs have to be more mindful of the world , while he is flying across the world to drive cars for mercedes...
slightly off topic, but the irony that his company's share prices went up on the news he was going to fly. and then dropped after a successful flight. it's like people hate good news. eg. decentralised currency adopted by multiple nations, crypto market - "guess i'll drop like 50% again". this is why i'm long on all my crypto, the news good or bad just does not seem to make sense whatsoever to the price action of the market. but in 10years time, organic growth will give me the returns.
i highly doubt that one rocket puts out more greenhouse gasses (aside from water vapor, but thats kinda a non-issue) than cryptocurrecy burns through in a few months.
just because rich people fuck up doesnt mean we have to too. lets improve our game.
as always, be rich and you are free to do as you please.
you do know that liquid rocket fuel is hydrogen and oxygen right? it's "waste" is water.
"don't do as i do. do as i say"
i just dont get what is wrong with private enterprise going in space? i thought people are pro-democracy, science and innovation?
someone, hurry up and sell oceans on fire (oof) tokens.
i do not think any normal, sane person is saying it is okay for billionaires to go to space???? this is just a cherry picked strawman
while rockets certainly create a lot of pollution per kg of cargo, the net pollution of all spaceflight is almost nothing compared to almost any other source of pollution. everyday astronaut has a great video on the topic
"it's ok for billionaires to go to space for no reason". just how wrong, uneducated and mentally challenged do you need to be to post things like this. so much certitude in your little to non existent knowledge it is incredible.
we need space travel research, and fast. til there are more environmentally friendly ways of doing it, this is how its going to be done. but yes, saying crypto shouldnt exist because of its power consumption is bs, but it should still be a goal to make them as efficient as possible
op i feel you 💯
the impact of space exploration has a much smaller impact and is very hard to reduce whereas bitcoin does not need to use this much energy. and rocket launches have definitely benefited society a lot more than cryptocurrency has.
buy ada then, proof-of-stake. no mining required.
i do not think richard branson used the energy equivalent of venusuela to go to space...
most large crypto farms run or renewable or nuclear, back in 2004 i knew a guy mining a huge btc farm off a major hydro dam, if it’s not cheap or free power it’s barely worth it…
crypto mining powers invitation to change for more environment friendly ways. for ex. ethereum 2.0, zilliqa, and many others
they are both bad. conundrum solved.
fuck the ocean, you motherfuckers took all the gpus
i feel it is ok for you to run your computer for crypto and every one should up about that. but it is not ok for farms in china to run it in masses hooked to some old coal plant.
the banks and institutions makes all the buck while they make us everyday joe lose most of ours
well said. stupid double standard.
people can watch the rocket launch from their tent houses. what a time to be alive…
rocket fuel is green energy.
is there a “r” on the differences?
“jaywalking” was invented by auto industry propoganda, “litterbug” was invented by bottling industry propoganda. it’s just more blame-shifting away from those with power. edit: “litterbug” not littering
are you 5? two things can be bad at the same time
don’t rockets to space use liquid o2?
im hoping the price will come down, then ill join em. failing that i hope the crypto price moons, so i can actualy go to mars in 20 years time or at least the real moon.
eh i thought it was cool, way to be a downer
dude do not compare assholes, being asshole. you have one huge asshole and you have millions of little assholes. just because your a little insignificant asshole does not mean you do not do everything you can to be an big asshole. welcome to the world of " if you could you would." hence the praise you give for an exact micro replica of an asshole being an asshole! your a piece of shit equally to the pieces of shit in conjunction on scale. you ignorance is as worthy as theirs. you are the problem you speak of. do better!
stop using a plastic straw. how dare you? bp only spills a few million lites of oil a year in the sea.
but it is also ok for you to drive your little honda civic to your minimum waged job while polluting the air as well, now is it?
hydrogen is a commonly used rocket fuel, if it’s produced from renewable energy sources (wind, solar, ...) it’s not adding to climate change.
oh calm your tits! space travel has to start somewhere and it’s not going to be cheap it’s reserved for a select few at the beginning.
you guys mine? our electricity is way to expensive to do that lol
don’t forget the waste they left on space too…
yeah they are pretty big hypocrits but the whole thing about bit coin being bad environmentally is valid that does not mean no crypto just use one that require you to burn as much energy as possible like ada or eth 2.0
let's hope they are paying the way for a new frontier where fiat money is useless and only crypto is accepted. cos, naturally, new settlers on other rocks away from the sun will never accept that fiat money printed in one cb on this third rock from the sun dominates in colonies on all the other rocks. ofcourse, i may have totally recalled this wrong.
rockets use liquid hydrogen to propel the craft. if your agruement relates to green house gase emmisions then its moot.
the oceans on fire because of all the oil spills, fukushima leaking tons of uranium, humanity dumping all of its plastic into the ocean... wait that is petroleum... more oil... no dont see cryptocurrency, hey heres one for the numb nuts, create a energy source thats never ending can charge itself but gives way more output than it ever needs in & so cryptocurrency or electricity is 100% unharmful to the environment you can also create it for vehicles & airplanes because you know when youre moving are not you pushing against energy? i mean myth busters showed me it & there is a reason why we create vehicles & airplanes more aerodynamic so we do not waste as much energy to go against that energy... magnetism its all about magnetism & a form of turbine but money money money, because getting to mars a planet that barely has a magnetic field left from some kinda massive emp action or its core just chose to stop turning itself idk which is which those are just the 2 possibilities that can make its core to stop... yeah let us go to mars where radiation of all types can hit us "living in a lead house yay! with no air or water or much anything but red dirt, red dirt, ooo look red dirt. atleast do something about a aestroid impact i know its mostly made of iron magnetisim. shoot something to space magnetism. saved cryptocurrencies only harmful thing magnetism. the excuse of how much its polluted the earth... it takes 75% cotton 25% linen, the material of the plates, the machines to create the paper to make the bills, the machine to stamp them & the material for the plates, the magnetik ink that' s used, water they use throughout the process from beginning & end, all the people to get back & forth to the for the whole process... i can go on... yeah we can do the same for cryptocurrency but in that case those products were already made for a use someone was gonna buy & use either wise. funny how magnetism is a subject for all of this. not only that but it seems to waist more resources making monopoly currency than digital, yeah honestly i do not see the backing up on either one well i know what they are but to be real they both do not have a solid foundation but atleast crypto is the people's, humanities, its backed by atleast something more meaningful that debt, worlds debt, my debt & your debt... hell right now i'm seeking lawyers for debt that is unjust but you know if i had a lot of that fake backed up money that is owned by certain bankers including one thats from a family of old old old banking that means old old old money i wouldn't be dealing with the stresses of trying to fix my credit which is just debt so i can get my own place hopefully get a mortgage for a house more debt which hopefully ill pay off but they do not want that either but if i do i still pay taxes someone else's debt... oh wait the battery... liquid crystal can hold electricity & its a conductor... not harmful to the enviroment...
you’re about to be given an amazing time to buy and you’re complaining?
it's the same with cars, 15 out of 5000 container ships make the same pollution as all of the cars in the world. 99% of the good for the environment things that are done publicly are purely for publicity and to make it look like they are doing something not to actually be better for the environment.
as a crypto holder, both are bad. nobody said it has to be one or the other.
oceans are on fire? and let me guess, they are near 3rd world countries
and when we get rich from crypto, we will become one of them
i'm of the belief that crypto will be the biggest driver of green electricity production and the price will drop dramatically because of that increase. it will be a great thing for the world.
damn i wonder if the people bitching about this one thing are the same ones bitching about the other, negating your observation of hypocrisy
two things can be bad at the same time
ah well. there's always the chance that those wasteful, pretentious billionaires get lost in outer space 😎
to be honest though one guy going to space uses astronomically less resources than bitcoin does is one day. so yeah. i mean you're right the optics of it are not great but its not even in the same ballpark.
i think you'll find the overlap of people that criticise the environmental impact of some crypto coins and those that like billionaires going to space includes exactly two kinds of people: -no one -elon musk and his muskrats i'm not aware of many (read: any) people that are hypocritical in the way you describe. they either criticise both or like both, there is not much middle ground there. don't use your perception of other people dropping the ball to justify you doing the same. if you think there is merit to criticising the energy usage of crypto then stand by that, do not justify it because other people are excited about space plutocrats. that's the same rationale by which most countries for decades did nothing about climate change "country x emits more so it does not matter what we do". it's all emissions, i have even seen americans claim that china emits more so they should not have to do anything which is as depressingly hilarious as it is completely ignorant. it's not fud to point out a valid problem.
are you the people who have all the gpu's?
stay mad crypto kiddie
i'm not defending billionaires, some of them just harm the environment but this is chilthish. someone else's action does not justify anything. if he does something bad, be the adult and do something good. i know this sub does not like that since most of them are invested heavily in crypto that requires mining. but why would you choose the less environmental friendly option if there is green cryptocurrency? doesn't make any sense but some are just emotionally attached for no reason.
billionairres spending money to pollute our eco system, no problemo. middleclass spending energy to gain monetary value -> you are a piece of shit, how dare you!??!
you do know that rocket fuel is based on hydrogen and oxygen and that the only emission is water? so you are angry about billionaires spraying water from their spaceships?
yah. but being multi-planetary is essential for the survival of the human species so your point is null. it’s not even science, it’s simple math. always good to have a back up. your opinion is very naive.
the blue origin rocket literally expels water tho
stop being a child. ”kevin also stole ice cream from the freezer why are you only yellong at me?” that’s what you sound like. why wouldn’t we be interested in fixing the glaring problems with crypto so it is actually useful instead of claiming there are no problems? also, the launch of a spacex rocket gives off as much emissions as flying 341 people across the atlantic. not good, but it’s not even a blip on the worlds emissions curve.
climate problems where never about us, normal people. it was always the rich, the little guys. they’re the ones who own factories pumping out a years worth of our emissions in one day, they’re the ones carrying just one person on a whole jet, they’re the ones taking limousines when a smart car will do. they’re the ones causing the issues. not me having to recycle my milk carton and driving my family around in one shitty ass car.
well, how else are the obscenely rich going to play out their atlas shrugged type fantasies? they'd love to just let the poors starve to death and kill one another while they watch from their luxury space condos.
the funniest part of this whole “billionaire goes to space” story is that the billionaire guy was called an “astronaut” on tv 😂 money really buys you everything
abso-fucking-lutely. the hypocrisy is mind blowing.
crazy idea: both of these things are bad for the environment and have super high energy consumption.
those things shouldn’t be compared to that degree, (private) space travel is soooo wasteful, musk (and others but mainly him) is just a bit of a dummy (or is just trying to manipulate crypto to profit)
i'm with you, fuck billionaires, but there is one tiny bit of difference: space travel expands our horizons, even if only ultra rich fuckers get to do it at first. all the different technologies trying to space race will benefit humanity in the long term (and sometimes short term). crypto mining does not really benefit humanity. crypto exists and the only difference is we're mining more of it. sure the whole crypto market can help against big banks and make some exonomies better, i dunno, not knowledgeable enough, but space travel is a big plus no matter how it is done. so this particular argument is not the best one. ' agian, i'm with you on hating billionaires.
both suck, stop whining damn
don't use energy because you are poor, energy usage is for the rich. these guys are idiot s
not defending them, but there is some social benefit from these experimental flights. what boggles me is how hollow some of them are to buy such unnecessary big houses, yachts etc. their yachts emit more ghg per day than your car in 10 years (totally made that up) if i was rich, i would get a lot more satisfaction from donating money and changing lifes, not from a fucking house which i can get lost in. just fucking thisgusting, fucking cancer cells that is what they are. grow grow grow for only the reason of growing at the cost of others
wait, you normally have to pay the rent.
their spirit animal is a box for pachyderms. hippo crates
even though it is a bit whataboutism, you have a point that the media should recognize both events as damaging for the environment, but as progress for society
it's not comparable, one space flight compared to the amount of energy the entire planet uses for crypto is ridiculous, it is not even close
they are not going to space for no reason. they are marketing there respectful space tourism companies. its just marketing.
yeah like the people who are against crypto are rooting for branson or jeff who or musk
let's be honest the amount of rocket fuel used compared to energy used for crypto is not even slightly comparable
it's the plastic straws bro
the climate change, the consumer, instead of the big companies
good. crypto pisses me off. i just want to be able to buy a fucking 3080 at msrp
people really gonna blow their tops when someone starts sending ai flown drones to mine asteroids and they become the worlds first trillionaires then they get around paying tax because "hurr durr it is space". or they could probably single handily cover the costs of universal basic income for most of the world off taxing this one company. the exciting things about space travel is the technology and innovation it brings, hopefully these will outweigh the damage caused getting there.
this is stupid whatabout-ism. neither is ok in my book. stop whining and and be a part of the solution.
no, fuck the billionaires, and the crypto energy consumption is definitely not a good thing. where do mining farms end up? where energy is the cheapest. where is energy the cheapest? where there is little environmental regulations and most likely powered by fossil fuels. i'm not convinced crypto can be the currency of the future when it requires so much electricity all for the sake of being "decentralized". and i say that in quotes because china is estimated to hold 60-70% of the bitcoin mining power.
no, you do not need the . you're comment is just idiotic.
last week i've seen a news article where the banks claimed cryptocurrency is bad for inflation. nevermind that some crypto technologies have literally deflationary properties and the us dollar has printed 25% of its reserve in the last year alone but you know, crypto bad. i just do not know who listens to the media or banks anymore.
rockets are the only way to go to space dawg
billionaires are jackasses, no news there. but lets not justify by looking at what the worst people on the planet are doing. there are better ways.
just throw bitcoin under the bus and shill your favorite coins, because basically everything else is more efficient.
what if you're mining using renewable energy?
i cannot imagine being dumb enough to think this is a good argument. you moonbois never cease to amaze.
spaceflight is research which brings humanity forward, crypto mining does not
just relax brotha, btc ain’t going anywhere. that’s for dam sure without no proof. however you need to understand the terms of events that happened the past 2 years. something doesn’t add up 🤷‍♂️
honestly i dont care about crypto but this is so true it hurts. papa elon makes electric cars for the environment but also lets make space travel a regular fun thing. nobody needs this at all. car makers are planning to stop production of ice cars meanwhile space travel should become more common? wtf is going on?
tragedy of the commons...
today in strawman arguments, i can waste energy because something something space
i love crypto, rockets, and am an environmentalist and this is the dumbest thing i've read today.
this is a very good thiscussion... tag elon lol
how will they overcome their vanity of owning something they cant own on earth?
mining still is a very tangible and real number of overall power usage. posts like this are just about putting your head in the sand.
i'm pretty sure elon is not a hypocrite. lithium mining is a wonderful thing. also, the electricity that powers teslas comes from 100% sunshine and rainbows.
“rules for thee but not for me”
some of the energy used for crypto mining is ridiculous though! i only like cryptos that have a lower impact on the environment.
tbh you shouldn’t care if ppl rant on crypto it’s not your business stop wasting your time with ppl like this and enjoy your own gains ;)
rocket fuel isn’t hydrocarbons guys 🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️ this thread is trash
what a dumb fucking take. honestly embarrassing that this has this many upvotes, even more and is on the front page of this sub.
imo it’s all about efficiency. i agree with the criticism against pow and think we should transition+ more efficient systems like pos or ppos. i also think billionaire shitheads who use stolen wealth to play astronaut can get bent.
in the name of science
what they do is important what we do is infringement of their rights
elon wont shut up about crypto what are you talking about
everbody who is into crypto knows bout this. a: the world is using to many energie anyways and a big portion of it is goong to nowhere. b: fiat costs a lot more energy but better dont talk bout it xd. and also crypto is one of the branches that is investigating a lot into lower the energy cost. soooo, the can hate us but aint us.
if everybody gets to be irresponsible as long as he can point to someone else who is even more irresponsible our planet would not last long
these people frequent social media, which uses a ton more energy than crypto, does not have any serious value, and honestly.poinons people's minds. also, crypto is credited as being mined with anywhere from 50ish to 85ish% renewable energy.
it seemsto be rant month lol ...
or more like the "noooo you cant go to work in your car, walk or bike 30 miles instead" dumbass narative
please tell me how it is a useful technology. i have no idea what it does (i am not currently invested, but interested) and to me the research etc put into commercial space flights has obvious real world application whereas blockchain is magic money that doesn’t exist physically
sadly i do not think space travel is going to be affordable for 99.9% of humans, so all this research and effort going into will probably end up benefiting the filthy rich anyways. btc. but the mining is terrible😩
flying into space promoting it as if anyone will be able to afford a ride...
who is okay with bezos going to space lmao
yeah. i do not want to hear about this climate change stuff when these guys are taking joy rides to space.
well, what can you expect, those are the owners of the banks that tell us how to live
space travel could save our species one day. crypto does not do anything except help you make a bit more money maybe.
does it matter what those hypocrites do? let's not lose sight of the fact that the world is imploding before our eyes:
those are *completely* different scales. bitcoin mining uses 10^17 joules of energy per year, and taking a sub-orbital craft like that to the edge of space is less than 10^11 joules. a billionaire would need to be launching into space every 20-30 seconds before it even comes close to the scale of cryptocurrency mining.
yes these billionaires are nothing but a bunch of hypocrites and market manipulators. looking at you *musk*
why can’t we have both?
always has been... if you have (enough) money, you can do whatever you want 🙄
it's a big club and you am not in it
you are all cynics. we can have commercial space travel and crypto. dont shit on innovation just because you hate the rich. fuck you.
the only positive thing of sending billonaires to space is that they are testing for us to the final momnet when we will have to go. but yes it is fucked up.
porque no los dos?
for no reason??? um this is the start of space tourism...
crypto mining is fine but i wish there were more dedicated rigs or tech to buy instead of gpu farms that be taking all the gamer cards :(. please buy antminer like tech to mine :)
billionaires own the media. so when they want the world to know how great they are, the media is their loud speaker.
this is a dumb and thisingenuous take. bitcoin uses a ton more energy.
man all i could think of when i saw those rockets was: this is the last thing this planet needs, billionaires shooting themselves into space. but then saving the planet is on all of us. governments should not allow people to pollute just because they like the view on earth from space. but we should also be investing in usa g renewable energy sources for mining, taking public transport and eating less meat. but for havenssake get these polluting rockets out of the atmosphere!
people kind of forget that mining uses electricity, not fuel. which means that it is incentivized to use excess electricity that would be wasted or unused otherwise. i still think mining is very wasteful but it doesnt need to be terrible for the environment
does op not understand the scale of things at play here or what? incredibly ignorant take.
crypto mining demands more energy, more energy means more impact to nature which is negative. crytpocurrency is the future but hoping for it to find a way to limit resources especially the usage of energy. maybe they can use billions of solar energy too for substitute. i see low mc lamden a better chain to grow more defis, it does have more creative dapps like nft marketplace. tau is the native token and it can be bridge through their multichaincross bridge to eth. blazingly fast dex is growing too and the latest farms' apy is lit. no fud just hard fomo for lamden. always dyor.
money makes the world go round.
yo, his fucking last name says it all. elon is a stinker.
elon boring to worship. msm wants us to worship branson.
the one percent is responsible for 99% carbon emissions
you have a point. but i wanna go to the moon just as bad!
while i'm aware what sub i'm on, it feels to me that the right answer is that we should have neither instead of both.
going to the moon? or going to the moon!
eat the rich. seriously. it's out only hope
this need to be the top fucking post every fucking day. some bullshit. unreal. ffs.
not going to lie, if i became a billionaire thanks to bitcoin, i'd probably blow it by flying into space.
elon musk did in 5 years more for rocket science then the federal government in 30 years governments are the worst , corrupt, incompetent administrators of resources.
blockchain is already used by big corporations. hyperledger etc. not coins tho as much
my perspective, everything in inefficient especially new things. new inventions and whatever. cars were very inefficient when it was first invented but after many years we invented electric cars. sure billionaires flying to space is not environmentally friendly but to me its the first step. as we understand the technology better, it will become more eco-friendly. of course there'll be people or industries that will prevent it from happening if it affects their earnings negatively (oil companies and ev) but sooner or later we will transition. only question is will the transition be fast enough?
i think you are imagining this confluence. i suspect 75% or more of the people who think "crypto mining bad" are also not fans of billionaires going to space because they cannot think of anything else to spend their tax-evasion hoards on.
two wrongs do not make a right
i’m sad that rich guys rocket didn’t blow up now i lost a bet, hopefully i’ll win the bezo one
the rocket 🚀 engines are powered by liquid fuel, i believe hydrogen and oxygen the exhaust should be water vapor. not sure how the fuel were fractions were separated but it its a energy negative process (less energy out than input). if your worried about climate impact. wouldn't leaving it have it is bennies. sometimes i think "have not we been here long enough?" sometimes. we would all be better off, asking our metropolitan areas to put motion sensors on all the street lights that shine for vacant lots and empty streets.
you can‘t fly or send a rocket to space without using fuel. we have secure crypto that do not use emergy. your analogy is off. pow is wasteful. at least as long as useless hashes are calculated.
how about saying no to both? killing a dozen people is not ok because hitler once does it in millions.
i mean people still fight over recycling bins as if coke, nestle, and pepsi don’t produce the extremely vast majority of all plastic waste
you forgot all the orbiting space trash.
the venn diagram of "fuck crypto" and "fuck the billionaire space race" is a circle.
that too because logan paul told them to
ffs. the oceans are not littereall on fire. once tiny spot in the gulf by a mexican gas company that caused a rare reaction is literally nothing to hold weight in pushing a narrative. also, wtf does a gulf accident have anything to do with crypto mining? that being said, both blue origin and virgin galactic was founded way before crypto was a thing. no one is telling you not to mine, the energy consumption bullshit is propigaed by a minority of people with special minority. anyone in the game since the beginning, knows that miners are the most energy efficient people on the planet and for good reason. miners want to maximize profit by keeping energy cost down and have made every effort to innovate to do so
dumb whataboutist arguments and r, name a more iconic duo
such a genius point
no, they are definitely on fire because billionaires are going to space too.
ummm yes yes it is
it was always going to be the focus of the rich to derail crypto, it was only a matter of time before bitcoins hashrates were an environmental concern... so now they can hold up the bitcoin argument with their right hand while they wind up the left to sucker punch us with fossil fuels its easy to demonize an industry that you have little to no control over that doesnt generate private wealth when the other polluting industries generate private wealth and would be much more harmful to the elites bottom line to stop if we were to sanction other pollutants then a bunch of super rich people would lose a bunch of money, a bunch of profit generating capability, a bunch of resources and most of all a bunch of power
this comparison is actually not a good look for bitcoin... you could do a bezos launch every day and it would still be a fraction of a fraction the energy used by btc mining
they will write off probably half a billion dollar as business expense as well
i know next to nothing about space travel but using any ultra-condensed energy source, like rocket fuel, solely for amusement seems a shame. i’m not saying i wouldn’t do the same if i was a billionaire, yet i can’t help but feel it’s a less than classy move. at least mining secures the networks and allows transactions to process, whatever the energy costs.
yes it is ok, they are saving the future of human race possibly. stop being tyrannical, comrade. it's their money, they can do as they please. blame china for the fud.
the shit about forming the bitcoin mining council over green issues is such a power and influence grab it is too much, even for someone like me who generally enjoys the musk's antics. down with this sort of thing
this is why so many people cannot get on board with climate issues. they see rich people with extravagant lives tell us we need to produce less, then share images of garbage left on a beach to target our emotions. meanwhile, they flaunt their gas guzzling sports cars, private jets, multiple yachts, and try to sell us their products. i put solar panels on my roof and produce 2x more energy than i consume. who's really the problem?
this whole thread is depressing. yeah there is a lot of shit that can use some work. just throwing fucking blame at other people is lame.
decentralized means there is no one footing the bill for the trash that some call media shits out.
rules don’t apply to rich fucks, won’t ever change.
put this on a billboard
good news! yr both trash!
so many people are ignorant, have no idea how they deal with life sad 😔
crypto does contribute a significant amount to energy demands though
off topic, but i wonder how many bitcoins a rocket could mine...
heard a podcast the other day and had a great point; yes energy is consumed in the mining of crypto but it is an entirely measurable and transparent process and the same cannot be said for any traditional financial markets. anyone know how many tonnes of co² are produced by nyse? what about your local bank?
the problem with crypto mining is that we have ways which are now more secure, faster, scalable and greener than the 1.0 pow. the issue is pow's inability to change its way and only demand more and more energy... we have a better solution yet people are happy with their pet rock. its silly.
correct, both are destructive of the environment.
not gunna lie - if i had the money, i would definitely go to space.
it literally makes no sense
the wealthy and. we know it does not make sense. they know that we know it does not make sense. they keep doing it anyway.
i guess it’s because space travel is seen as a better innovation than crypto, i’m not saying either one are better or worse, just that in a governments eye and for most people probably, this does a lot more for people than crypto mining
it's ok for crypto miners to think about only themselves and buy unlimited number of gpu's, creating global shortage and 4x pricing. the problem is each individual think about themselves and do things what is best for them even if that hurts others. this cycle will never stop unless people's do things that is good for others. so yeah, billionaires are individual so same thing applies for them also.
gonna have to thisagree here. doing any work to make space travel more accessible is more important than cryptocurrency.
i mean i'm actually happy about increased scrutiny on energy consumption. when people start looking at the energy consumption of all the payment processing, payment gateways and the dozens of steps and companies involved in processing credit card transactions, blockchain starts looking way more efficient.
avoid eating beef because of the environment, but enjoy space flights…
i mean mining is not sustainable for mass crypto adoption so we should be moving away from it.
don’t forget 90 private jets that recently flew into the “climate change” summit
they are the main definition of hypocrisy, surprised many people don’t have a problem with this. they tell us what we can and can’t do yet they do whatever the hell they want.
they can both be wasteful, you know. crypto is a technology and the first iteration sometimes needs some work. proof of work is unsustainable, get over it and work on improving the technology.
i agree with your sentiment, but can we please stop with the whataboutism? if you want a better future you have to identify the problems and solve them, ignoring them will just get you a different version of the current shit.
it's ok we will be billionaires
also you should not burn your trash. pyrolysis might be ok though if combined with plasma.
well, one is useful and one is a waste…you can figure it out.
there is other cryptos. there’s no other way to get to space.
this failure does not get it. elon musk got to his goals because he worked hard. he as various sources of income. you guys do not. mining crypto will be restricted because you are not anything special. it does give crypto more value in one sense though.
well, what alternatives do they have to go to space? solar panels? there is no alternative yet. regarding cryptos, yes, there are valid alternatives to mining that do better than bitcoin: pos coins like cardano, nano, etc. so, why mining if you do not need that to achieve the same results?
well, actually…blue origin’s rocket only produces water as its emission exhaust therefore is not bad for the environment. virgin galactic’s emissions are actually really bad
what else are they going to do with their money ? help end world hunger ? help end poverty ? nah, instead they are headed for the literal moon, while we are here farming for moons.
it’s because these revolutionary space vehicles are viewed as massive technological achievements. which don’t get me wrong, they are and i love technology and all the awesome things that become as a result of them. where as crypto is a threat to the ruling body. so in order for them to retain the power that crypto threatens to take they must try and knock its support down
we’re investors in crypto looking to be millionaires one day. and looking for the financial freedom to do whatever the fuck we want. fuck the planet i would be fuckin my wife in space if i had the money too
you could say “how dare someone fly to vacation, but we can’t have any crypto mining”
space travel can get away with it, no one is ready for a slingshot maneuver or whatever it is.
yeah, and paper straws get soggy and suck.
again this prove that rich people have plenty of places to flee when shtf, this is why rich people do not care about the planet , this is why rich people do not care about geo politics, as they have the ability to flee or be protected . buy horrible gov't politics have the most hurtful affect on the poor
funny is not it
i feel the same way a lot when people say that we should not do *xyz* because it would cost a lot of money. like, how much money do people spend on beer every year? and do not professional sports rake in billions of dollars every year? nobody wants to talk about that, do they?
did you think overthrowing the establishment was going to be easy?
rocket fuel is actually not that bad for the atmosphere lol
they all know this. maybe minus bernie sanders. i take him as truthful from the stance he comes from. now, whether i agree or thisagree with it? that’s a different story. however, all of the rest of the pompous-appearing buffoons in the branches of government know damn well it’s all a show and they don’t give a fuck. it is purely about power and control. if you don’t control the narrative, you do not hold power over the masses. i just wish folks could drop their masks on some of this nonsense every now and then and just applaud innovation. there is a fine line between preservation and innovation. 🤷‍♂️ i am not one to judge; neither are you. let the good times roll 🇺🇸👊🏼
they are both good change my mind you communists who want to get rich
i mean, the ocean is on fire due to a leak in the pipe, but science yo. i’m all for greener crypto, most of it i’m sure relied on china’s coal. crypto will be a store of wealth, like gold for most first world countries.
4 minutes of weightlessness. all that cash for 4 fucking minutes. the whole thing was a hour. fucking ridiculous.
i did not say say we cannot have crypto mining. i love mining and it pushing the grid to the edge. it just shows how woefully inept we are at producing power. maybe now, someone will start inventing generator technologies that are less than 200 years old. remember, it is a microcosm of people that are concerned about mining and the environment. it's just fashionable to hate right now, so it falls under that category of it is in vogue to hate crypto if it elevates one's own smugness.
pushing the envelope is how progress is achieved. your argument is contradictory, if crypto is meant to benefit the world in some way, so too space flight potentially can. additionally, haven’t looked at data in terms of environmental impact but i can imagine one rocket would probably not be equivalent to however many computers there are constantly mining crypto. lastly most people are invested in this to generate personal wealth without actually doing anything, the term “better world” is long shot here don’t you think?
you only believe this if you believe their other lies… i am just saying
oh the double standards of this world boil my blood. didn’t you hear that if you are rich you are a descendant of god himself? not much has changed since medieval days. the rich are still pricks, we just got consumerism to thistract us now so that we keep running on their profit making hamster wheels to buy shit we don’t need to impress people we don’t like.
both can be colossal wastes of natural resources at the same time.
oh gee your investment is being suppressed by people with more power and influence than you in order to protect their own investment? get out the quills and parchment, boys, history is being made here! we always feared that this might happen and it finally has... 👎sorry you were surprised by how *sure things* play out, dummy
is reddit starting to wake up? "global warming" and "climate change" are being exploited by governments to control you, and to fleece more of your money. it's been this way since forever. no, your behavior, and even if it was there is nothing the government can do about it, no matter how much they take from you. at least, that is the opinion of [scientists who don't get propped up by the government and the media](
absolutely this. crypto is actively moving to be more green all the while these rockets and military jets use insane amounts of fuel.
musks new "structural battery" means there are no repairs or easy recycling into the cells anymore. every new tesla will essentially become "thiscard if damaged", single-use car. but he is worried about cryptomining emissions.
craziest part about these dumbasses fucking around in space is that if they keep doing dumb, useless stuff, our atmosphere will literally be so full of space junk that they can’t have their fun anymore.
difference is space is literally our future and crypto is a scam.
i agree , rich people suck
thanks to idiots like you hardware for computers is only getting more expensive - and it doesn’t have to.
it's almost like they are both fucking awful and stupid.
literally no one said its okay for billionaires to go to space, we all think its thisgusting
dude. rant away. i vibe hard with this
i mean the environmental impacts are not really comparable though.
you motherfuckers are causing us to miss out on graphics card stock worldwide
that's the billionaire privilege i guess, they could literally kill hundreds of people and get away with it.
both of those things suck.
only because other people behave shitty it gives us no right to do the same? what kind of logic is that even.
agreed. fuck elon musk and the logic behind...what? we find a bunch of rocks we know are out there? let's feed and help the people, and planet, here first. it's a giant phallic jerk off three-way, rockets and all, and it is pathetic to watch.
stop being so logical.
agree!!! no one talks about how uncool it is burning a bunch of fuel in the atmosphere
both are not okay with the energy sources we use now and a shift to renewables will benefit us all
now you’re just being mean. what’s next? not letting them play with sex trafficked underage girls on their private island? what are the poor billionaires gonna do? live their lives like us plebs do?
fuck crypto miners, fat fucks like them deserve death for literally destroying the graphics market
two things cannot be shitty at the same time?
yes, both are bad
they could also basically stop world hunger but you know, space
rules for thee but not for me.
i have no problems with billionaires flying private jets and going to space (i hope more billionaires create their own space companies. space is the next frontier and there needs to be competition for better spacerafts and eventually cheaper space travel.) where i have a problem is the hypocrisy in blaming the average income earners that they are the problem in climate change.
you should be advocating for the elimination of billionaires, not whining about the fact you cannot do environmentally bad things like they can.
just ignore the hystericals going mad over this climate-change hoax. this fad will go away like all the other bullshit media hyped in the past...
the stupid of this post, it burns. crypto has degenerated into a total shit show. sad!
a small handful of ceos being incredibly wasteful of resources will never be as damaging as 7+ billion people in the world being even slightly wasteful of those resources
billionaires are the ones who "own" the people making those restrictions
disrupting the whole global financial system is never going to slide without resistance.
fuck elon musk and jeff bezoz
i don’t know why i never thought of this until now, but so damn accurate. take my karma and have a good day.
people are actively arguing that neither should occur. just because one bad thing is allowed to happen, do we just let all bad things happen? oh well, i guess. f- it.
when billionaires fart 💨 , their followers sniff it for good luck purposes.
elon is such a cringe hypocrite
what does mining crypto do exactly though? going to space pushes technological capabilities and opens up new avenues for tech. for crypto mining there are other environmentally friendly ways to produce crypto, the tech is innovative but not because of mining and to make matters worse crypto mining takes resources from others. isn’t this a bit like saying people use planes why can’t my car use lead fuel? if there’s a friendlier alternative why not use it?
both are bad yeah.
lol this sub legit prove crypto is just a hype and the members are just circle jerking each other. anyway, the reason why billionaire are focusing so much on space exploration is to find metals and bring them back to earth; it is a rich ppl game. they arent playing the game of building wealth in a voilitile market. they are trying to find real intrisic value through commodities. some of yall be acting like crypto is all there is in the market.
of course. we're fucking slaves. that's the difference. they're free to do what they want, we are not. b.i-illionaires.
its all just a way to keep people on a leash
totally agree with you, it’s such a dumb narrative... sure, let’s waste a lot of energy on youtube, netflix, christmas lights, air conditioner, or whatever non essencial thing but god forbid you to spend energy on crypto
if you have money, nothing else matters.
crypto is a giant bubble and a useless service, change my mind. just because something else is bad does not mean you're right.
you might be interested in how little pollution [astra]( rockets create. [astr]
ask bitch ass elon for the net carbon footprint of his companies. his ass is in another court case starting today. our own pt barnum.
i wonder how much of the carbon footprint we'd eradicate if we deleted the top 1%?
the biggest misinformation campaign was that your average human can help stop climate change by changing their behavior to be more green. lmao.
a fucking "priest" buys a jet plane because he does not want to be around the devils around poor people. let that sink in.
you’re not wrong, and you’re not an asshole.
of course, crypto offers an opportunity for the common man to get rich so naturals the 1% who have the media in their pockets are going to do anything to stop that from happening
cryptos will be the currency of our solar system
here's an interesting article with a bit of data visualization (and with no panic about energy! tone) showing comparative usage. [ if you take into account the reality of how energy is spent on the rest of the economy, the usage numbers for crypto are not that bad at all. and... "hydroelectric energy is the most common source globally, and it gets used by at least 60% of cryptominers across all four regions." **short answer is crypto is not the problem here.** (and i'm an environmentalist nutjob, and i 100% feel ok saying that.)
whataboutism. very on brand.
both are pretty bad
if they followed all of the rules they wouldn't be billionaires
the same billionaires you’re complaining about are the ones who ran up the price of crypto and continue to try to drive it up today - yes to their own benefit - but presumably yours as well, since you seem to be a true believer.
justice is blind but it can smell money
both are not ok.
the good old "everyone is talking in class so i can talk". just admit it is bad and do another post about the other thing being bad. this is just bad form.
too many billionaires doing billionaires things tbh
but we will be able to mine crypto on the moon
i wanna say fuck them billionaires but in a few years soem of us will be billionaires so no. fuck you billionaires at the moment. hail crypto
didn’t even pay a dime to have the spaceport built, then sell a bunch of stock to manipulate the price before buying back in pre-launch. i mean seriously what do you expect? we all know what the only thing that is green that they care about is and it’s not the environment.
they be goin to space because if we fuck up this planet we need another one to fuck up later
it's ok to do both - just not in china because, you know, freedom.
whoa, nice point it out, op. i have not noticed it. how hypocrite, is not?
they know they are ruining the planet. they're just setting up their escape plan.
i mean is the big stream media pushing this narrative, and they know how to do it. we see it every day, the same pack of news from a couple agencies which directives hang out at the same brothel. they feed us what align their interest and there is no room for true periothism.
nevermind the climate change summit in utah or idaho or wherever their private jets are all parked at the moment
same shit as when leonardo di was telling us to stop driving while cruising the oceans on his 100 million dollars chick picker upper…...
someone do the math and please let me know how long mining at current rates it would require to burn the same amount of energy as the rocket
that’s how it works on this planet no money no rocket fuel
it's actually not ok. bezos should have his license to live revoked and be turned into compost. we are not in a time when you can just spew co2 everywhere and get away with it. his license was just used up, does not matter how much money he has.
can we start forreal saying wen rocket? instead of wen lambo? lol. like seriously millionaires flying into space for leisure. 🤦
let's be clear: richard branson did not go to space.
you mean the guy who sources lithium using child labor and pollutes the environment with lithium mining for his shitty inefficient batteries for his shitty "green" cars is not a giant hypocrite?
*climate alarmism... consistently wrong for 50+ years.*
they need to lose money somehow. it's for taxes. racing and art is another popular way for rich people to burn money.
different rules apply to billionaires than us plebs
fuck all these rich fucks with climate change (formally known as global warming) its mostly a sham and when these ass wipes take private jets all over the place and all the other shit they do i will not change the way i live
it’s weird ppl want to go to another planet instead of fixing the one we have.
dang, i totally agree
read this in the sarcastic-homer simpsons’ voice
saving the polar bears is for peasants
do as i say, not as i do.
also they want us to eat insects instead of meat because it’s killing the planet. turn off your ac while you’re at it.
somebody else finally said it. i'm pretty sure op was thinking what we were all thinking.
you thought the climate change narrative meant everyone was going to do their part? don’t be silly. they’ll fly privately and go to space for fun, you’ll be priced out of driving your internal combustion vehicle because ‘muh emissions’ so the rich can still have their fun. you never noticed how the paris climate accords had so many people fly in privately?
fuck their ego trips. but just because x is bad doesn’t mean y isn’t also bad
😂😂 the title had me
bastards all of them
the oceans are on fire...because of this millions and millions of stupid useless dirty mask...everywhere in the world!!!!!!!!!!!!!
bitcoin is greener just for the fact that we are not going to war over nations with it. military cannot use it (yet). hopefully it will lift up nations.
mining is just take other people money but with more steps.
and also have the biggest carbon footprint and wear brand new clothes, drive brand new cars, and own multiple multi million dollar mansions that use a lot of energy and take up a lot of land.
never forget that 100 corporations are responsible for 70% of all emissions.
one national leader decided to swim to a summit to make this exact same point. i believe they are scheduled to arrive in 2035
a trivial amount of the world's co2 comes from private jets. also, the 10's of thousands of climate scientists who research climate change do not fly around on private jets.
meh, they understand that them taking a private jet or not isn’t what is going to make or break climate change. ideally the policy they create at the climate summit is what ends up addressing it at a society-wide level. be outraged about the lack of work done at the summit, not the jets they got there in.
going to a climate summit is probably orders of magnitude more important than the majority of other reasons for flying. so it is not hypocrisy, it is total bullshit to act like the only way to help the climate is never ever doing anything that emits a lot of co2. we need to stop emitting it for bullshit reasons like doing holiday or unhealthy over-consumption or bitcoin mining.
we need a coin to track carbon footprint
per mile, per passenger, aircrafts are more fuel efficient than cars. so it would be more irresponsible to drive to the climate summits.
don't forget the private helicopters to amd from the airport.
apparently branson's rocket in its journey to space releases [about as much co2 as a regular commercial flight from ny to london] ( per person, because space is not really that far away. so private planes are probably worse. i dont see how space tourism is any different than taking a commercial flight across the globe for a vacation. burns the same amount of fuel and for the same purpose.
the wealthy provide such nice advice to us peasants and indentured servants
hypocrisy at its finest
i love that example lol
agreed dude...now that is make sense of being equal
bill gates (who filled landfills with millions upon millions of pcs loaded with windows me, and zunes) speaking to a few thousand rich assholes in sun valley, idaho after they all flew in on private jets that they need to be better at stopping climate change, is peak progressivism.
their factories are insane as well
ah, so this is the way to get comment karma. okay, got it! 😅
yup. double standard = corruption.
you literally stole that from a movie.
you mean the same people that gets paid by monsanto and big pharma to talk against oil and stay silent when it comes about animal farming, fishing and sugar?
musk flies his private jet to fuckin work because of traffic in la
it’s a clown world we live in 🤯
a lot of places won’t even let you have plastic bags! when it rains, this paper is useless!
it doesnt matter if they didnt, gretta sailed to participate in those summits and still got dumped on.
the classic "rules for thee, but not for me"
this world is just full of wealthy political hypocrites.
don't forget about yachts, carbon emissions and water pollution with a single stone
at least a pack of super cars+private jets+private yachts(helicopter included + minor boat in it) is the standard combo
not really the same at all. there is a few thousand billionaires, only 3 billionaires extending humanities engineering prowess and all the benefits that come from it.
it's a fact that rich people do not have to follow the majority of laws, money and power allows you to get away with most things. it's a very hypocritical system.
we live in a world of double standards
but how else are they going to post cool photos from space on their social media!?? humanity needs this!!
maybe equal rights actually means equal to how much money you have.
yep ... >just 1% of people cause 50% of global aviation emissions. this report exposes the outsized role played by the super rich hopping on private jets for super short thistances. [source](
and they are being extravagant with energy. fucking hypocrites
watch me pull a sneaky over here and blame it on the poor over there.
also the same people who burn millions of tonnes of c02 per year in their factories worldwide but tell us to turn the tap off when we brush our teeth
the people that close everything for everyone else then do what ever they want anyway.
the energy claims were complete utter bullshit from the start. all the crypto mines combined do not come close to the energy used by the datacenters for the internet and the corporations of the world. it does not come close to the carbon footprint by military flights daily. the entertainment industry uses more energy than crypto. the sports industry uses more energy than crypto. then add the current banking and finance systems on top of all that. crypto's impact is nothing compared to all this waste. if you want to know who's trying to sabotage crypto look at who spread all the energy usage fud.
these people are a bunch of hypocritical idiots. i’m glad you mentioned no names in the title or description! good for you!
those would be the ones. carbon neutral for thee, but not for me!
i fucking hate billionaires!
instead of getting bitter, just aim to be these millionaires in the future lol
chris martin takes private plane to jordan to announce he would not tour his latest album in order to be more eco-friendly
yea, make sure not to mow your grass on “ozone” days
ehh, at least they do not expel as much hot air as greeta
they say this is the way!
just another vantage point to look down on the little people.
yeah those guys ha ha and hasn’t technology made that unnecessary? oh it has……
yeah, this is embarrassing for a post on a crypto sub. come on, if you're that into crypto currency, you should be able to develop a better argument. the energy use of bitcoin farming and other crypto's is *embarrassing*, and a massive issue with it. we need to change that, not make excuses about how people use more energy *going to space*. there's also the point that, the rocket fuel was used productively to launch it into space, while crypto farming burns energy for the sake of it is design. we do not gain any tangible benefits from it, and both that computing power and energy can be used for better things, like for folding.
neither is ‘media coverage’ as a representation of anyone’s opinion. the overlap between people who despise crypto because of the environmental impacts and people who are giddy about billionaires going to space is incredibly small.
it’s a fantastic moon farming technique though!
you're not wrong. i'm really reassessing any past and future info i take off here from this. it's a shit argument and thousands think it is worthwhile, what other shit do they think is good that is not. the energy usage problem of many coins is valid but also has solutions. nano for example can perform 6 million transactions for the same energy used to do one bitcoin transaction.
you're surprised that people who invest in pornrocket are considering this a valid argument?
why would you value a subreddit, with 3m users, to such an extent?
his argument is where's the criticism for this that bitcoin gets? silence.
without conflict there is no growth
and a nice layer of space garbage in earth orbit of course.
this is space tourism. don't move the goalposts...
yea. if anything, the billionair space race will be a good thing.
i was looking for this comment, thanks
the space race was a nuclear tipped dick measuring contest. it had a lot less to do with human achievement and more to do with the thermonuclear bombs the us and ussr had developed. if you can put a man on the moon, you can put a payload anywhere on earth.
wel get fuck all for science by selling tickets to see space. earth's outter atmospheres have all ready been wel documented. this space travel race is just the same as the cold war, the only difference is now billionaires are now able to afford the technology to set up their own space agancies. it's still just a pissing contest.
well, by "we" you mean "we" funded it and then private corporations made obscene amounts of money off the back of this selling things to consumers.
that's always the narrative and i'm 100% in support of it, but i wonder which of these developments would have come along without the space race and cold war, or where we'd be now. i would guess we'd be on a very similar path, maybe a few years ahead or behind in different areas. the money spent on the space race would have been spent elsewhere, maybe infrastructure, agriculture, art, scientific research, etc. rockets were already on their way after wwii, so it is logical to think we would have been launching satellites anyway, and maybe we would have still poured billions into it. it would be interesting to know.
and since then we've been launching more and more hunks of eventual metal garbage into space so that we can get porn or the circle whenever we want in order to placate the masses.
did these things really help anyone with all things considered? or did it only lead to the daily exploitation and mass surveillance of people instead?
undercover boss needs to put bezos in his workers shoes. i doubt he would ever sign on for it though.
seriously. a single rocket launch, probably even a year’s worth of rocket launches, are small potatoes compared to coal power plants or gasoline powered cars. bezos, musk, gates, buffet, etc, should be lambasted for having obscene amounts of money and circlejerking each other when they donate a tiny amount and still have more than 10,000 people will earn over their entire lives (combined).
if they really cared about their workers, the world would be a better place. people cannot live off of pennies.
blue origin is not amazon
the ai part remind me somehow of the elysium movie. where the main actor had to talk to ai robot cop instead of a human.
amazon are so awful to their workers that there are actual fears by amazon executives. [article here](
that's the power of income inequality. people are being enslaved. they can consume as much energy as they want, but you? naa
forget going to space, a lot of companies do not get their workers a living wage regardless!
but is it still day 1?
again, his next step is to become compost and a nice tree.
bro the livable wage phrase is such overused bs. you're living. you're not homeless. it's a living wage.
their workers can quit
they do not even pay taxes but bootlickers do not care.
then work somewhere else. workers are not forced to work for them. i swear you americans are the dumbest.
the space race is pretty interesting. it use to be governments racing each other, now it is private companies. i wonder who will be the first to start mining crypto in space. most likely musk for the attention. this argument is a pretty bad comparison. like all the comparisons to bitcoin mining to banking we a lot of awhile ago.
yeah, this argument is extremely flawed and its just people angry they are losing tendies in crytpo. don’t get me wrong, i’m losing too but lets not start this finger-pointing hate-mongering mentality - it leads down a hateful and difficult path to dig yourself out of.
space industry has made it possible to use most of the things we use today, including typing this on reddit.
rocket fuel does not necessarily pollute either. depends on the type, the space shuttle's exhaust was literally water.
i doubt the energy consumption is comparable either. rare one shot bursts of energy vs consistent draw of electricity with energy losses up the supply chain.
"the space industry" was not the comparison being made.
up until this era, space travel and the development of its related ologies were a federally backed endeavour. i doubt having billionaires privatize the benefits of it for the sake of profit is bound to benefit society much, if af all
idk that a tour rocket for jeff b is going to be scientifically beneficial.
the publicly owned space industry has. the private sector has been good at exactly one thing: taking public research and figuring out how to privatize our tax dollars.
no, public funded space programs have done more good for us than bad. private space flight has done very little for us so far. its still obviously less wasteful than literally wasting energy to secure an internet money network though.
i thought the op's point was pretty misguided and useless imo. this is a massive achievement for humanity as a whole. those ppl even though they were billionaires were just regular ppl who went to space? when has it ever happened? the least this will do is privatize space travel & if all goes well, it will pave the way to finally make us inter-planetary species. i really think op was trying to make a dumb comparison to further his views on it or to get more reddit karma.
thanks. every other week this subreddit keeps regurgitating some version of unjustifiable mental acrobatics to support the argument that country-sized energy use, benefiting virtually no one, is totally fine.
and it is such a stupid fucking false equivalence. we'd have to be launching 24,000 rockets a day. **a fucking day**! to reach the same co2 footprint as the airline industry. bitcoin mining is estimated, from right here: to be at 64 million tons a year! as per that first picture, the entire spaceflight industry puts out 24,400 tons a year. so. 64,000,000 versus 24,400. this dude is literally making an argument akin to a bp executive saying 'what? oil spill? yeah, there is a million tons of oil hitting the ocean from that oil spill but look, look! that guy over there. he lost control and sunk his boat and the oil in that engine, that oil is in the ocean now! what, it is okay when *he* does it but not us???' **fuck.** **right.** **off.**
>"but it benefits meeeee!" the classic rich person argument. it also works when large problems suddenly affect their income, that is when they actually take action.
how is spacetravel wasteful? spacetravel has the potential to be absolutely transformative for our planet, if we can mine and process off world then earth could start to heal. bitcoin mining on the other hand is entirety wasteful. pow is good for initial thistribution, but after that it is entirely pointless.
well fucking said. hate how people justify bitcoin etc by pointing out other environmental thisasters. at least acknowledge there is a problem and then try to identify solutions.
op like half of this website are a bunch of fucking selfish idiots
how the post has 12k upvotes and counting is insane. lots of bots i hope 🤞
i'm glad this is up here. this honestly is a fucking stupid take on the situation. maybe virgin space is a vanity project of a billionare, but going to space has led to so many advancements on technology that im fairly certain it is on a positive side of spending. while mining crypto is done 99% out of greed. what a shitty comparison.
this. also, sidenote: at least blue origin's rockets are hydrogen rockets, which have only water as emissions during a clean burn! (obviously, if you use coal energy to produce the hydrogen, it is not clean at all)
i agree, get rid of both. one last rocket to yeet bezos, musk and branson into the sun... maybe use their money to clean the ocean and shit. i'm gonna start a campaign to be the overlord of earth. i'll sort some shit out.
bitcoin is not wasteful. that's purely your assertion. and his point is that bitcoin gets all the flak, everything else gets a pass.
crypto mining is only wasteful because, once again, billionaires have chosen dirty, harmful fuels to power everything we do. it's not that "someone else" is doing something worse; it is that the entire ruling class is thismantling our world while they point the finger at us. we cannot go back to the naivety of pretending that turning off a light for an hour in the evening will save us.
the whole thing just screams of a dick measuring contest between two billionaires
also it is possible both for the wealthy going into space ***and*** cryptocurrency mining to have significant environmental costs. i really hate this line of reasoning that pits two things up in a false 'either or' situation. for some reason it seems to be one of the favorites of the crypto community.
yes, why do billionaires being assholes give us a pass? i'd like to see more effort towards renewable mining and a shift towards greener currencies where it counts.
you have a point. but rushing it because of people who's intention is to destroy crypto is foolish imo.
because pow coins are more secure and decentralized, it is not even a contest. i think pos is a fantastic technology, to exist alongside bitcoin and provide greener channels for transacting. not to replace it.
i see a glass half full kinda guy, i give him upvote. it’s really hard being positive but doing so you are also spreading positivity.
let them crash their rockets and improve the tech. i'll wait for a while ...
legit bro, the crpyot community circle jerk way too muc.
moving away from wasteful work based crypto is probably a good idea for the future tho
[this says bitcoin alone is 22 million tonnes of co2 per year]( but it might lower now that china banned mining (chinese grid has a particularly high co2). [most calculations i find seem to agree that spacex's falcon 9 produces around 200-350 tonnes per launch]( which is multiple orders of magnitude lower per year compared to the entirety of the crypto market (12 launches, around 3000 tonnes for the falcon 9 apparently). even if we add all the rockets from nasa, spacex, blue origin, virgin, whatever, together, it will be orders of magnitude less per year than just bitcoin alone. that's not even taking into account things like eth.
pretty sure the energy consumption of a country puts more pollutants up than a few rockets.
isn't branson intent on making this a regular service for tourists?
[study]( finds the wealthy are more likely to break rules in other news. water is wet.
is there a new rule i missed about billionaires not being allowed to fly to space. pretty sure we can all still burn as much fuel as we like for just about any reason we like.
the ultra wealthy tend to lack integrity and are completely aware of it. they just have so much money that they don’t care. and they’ll pay those in power to not care as well.
cool, let’s remove the rules for everyone else too.
even if they are, they usually get broken.
blue origins rocket is hydrogen oxygen. but spacex currently uses rp1 (basically jet fuel) which is obviously not carbon neutral. regardless, all earth's rocket launches are barely a blip compared to the carbon footprint of crypto mining, so this post is dumb.
was virgin galactic ship actually using oxygen and hydrogen? from what i heard you need super low temperatures for storing it, same reason space x fills the rockets minutes before launch. that and the fact that it could actually leak. liquid hydrogen is very complex to store and the energy density i do not think is enough for a ship so small. from wikipedia: the engine "rocket motor two" uses a mixture of nitrous oxide / hydroxyl-terminated polybutadiene so basically op is right. f*ck earth we are going to space, right?
i thought water was the by product and oxygen was the fuel.
which explains why it is at 12k+ upvotes here.
yes. no one was doing it before.
we already did near bikini island
ngl, this actually occurred to me, when thinking of a reason to construct a dyson swarm around our sun. realistically, what would you use 10,000 x the current energy production on, if you could get it at low cost and no ongoing pollution, beamed in from space ? not that its that great a use, but maybe we need a large profit motive to build something insanely great.
one already has. tho some argue it was not space.
the scientific progress from better rocket tech is still worth it.
yeah, as someone who stumbled into this post from , i'm just kind of left scratching my head. it's not okay for billionaires to fuck up the environment for their hobbies. it's also not okay for non-billionaire crypto-bros to fuck up the environment for their hobbies.
i'm not sure the crypto industry will become much more responsible, because btc will not change, so its only some lesser coins that may someday flip, if they figure out how to do it. there may be so many more cryptos that the net power usage may not change at all.
i had to read it again
the consensus among climate scientists is that climate change is caused by human activity. the vast majority, 97%, are in agreement about this. i agree that space exploration has led to amazing technological breakthroughs, but i’m curious why you’re saying climate change is mainly due to normal climatic cycles?
careful saying bad about 7 billion people will get you more thislikes than bashing 2 billionaires. but yea, you beat me to the punch. everyone needs to reduce if we want a chance to lower our waste.
precisely. we need to stop comparing every other aspect of society that is bad for the environment to justify crypto mining. mining is terrible for the environment and not needed at all for a secure and decentralised network. if we want crypto to be part of our future, we need to push and use the eco friendly alternatives.
nano uses pow read the [white paper](
i'm sure they do not even count all the bombs the united states drops either.
it seems one windmill worth of energy to power an entire network offering subsecond confirmed transactions ala dag code is the true solution. nano uses this, and actually works at present.
it is occuring. check out dag coins like nano.
til you can waste as much energy as you want, the only actors responsible for the damage to the environement are the manufacturers for not having found an unlimited supply of universaly viable, clean and renewable energy source yet.
lol safemoon next joke
this reads like a spam email you'd see in the inbox of a computer you hack in a cyberpunk video game.
i like how you are using a large decimalised borderline number to propagate a fallacy thinking this shall create an impact.it will not.defi is the future.next 10 years banking system will collapse
if e regimes a billionaire, nobody is.
parry this you filthy casual
why look at ugly musk if you do not need too?
i do not want to get a prion thisease
bought and paid for politicians are the front wave of the problem. unlimited bribery, corporate rule, out of control capitalism. most people cannot get on board with climate issues because the jury is still out on if they are real, to those people... couldn't agree more though that elon makes a mockery of climate change when he brings up bitcoin in the same tweet.
i mean, yeah we got some idea. banks are worst than crypto in a flat sense. but crypto is miniscule compared to the banks work load so the ratio is probably much better for banks yet not good enough still. in other words crypto usage is poorly optimized compared to banks or even rockets. that's the problem. not the flat amount.
would you look at that, all of the words in your comment are in alphabetical order. i have checked 79,562,737 comments, and only 21,904 of them were in alphabetical order.
that is a different debate entirely though.
both of these are suborbital, so you can hide from the planet for less than an hour. with weeks of preparation.
lol nope, it is lox (for blue origin) and that shit is nasty. the comparison i hear the most is 1 launch = 400 transatlantic flights. and introducing this amount of condensation in the upper atmosphere is even worse.
get some flex tape on that pipe!
>no, your behavior it's changing the climate. not the breathing, but the behavior, absolutely.
fuck it doode, i want to trade cryptos in space while eating an extra large pizza!
it is not 7 billion but man's is speaking the truth otherwise, that handful of ceo's are not dumping nearly as much plastic in the ocean or driving hundreds of smog machines daily
ok grumpy mcgrumperton 🦀
who thinks the president is poor?
they be goin to space because if they do nothing, as they have been doing, it will fuck up this planet and they need another one to fuck off to and leave us to die. there... i fixed it for you...
quick google search says bitcoin mining takes around 129 twh of energy per year (464 billion mj per year) while a rocket sent to space takes 18.4 million mj (considering 57,000kg at 324mj). we would need to send little under 25 thousands rockets a year to match bitcoin mining. numbers are most likely off but i'm pretty certain that mining takes alot more of power for a year than a year of rocket launches.
agreed on what? this is a stupid comparison lmao.
as long as you recognize that jeff bezos's flight is planned to go to space your statement is correct.
you may not change the way you live, but future generations sure as fuck will have to. self centered fools like you are the problem with the world.
we got do something -aldus snow 🌎♾✝️
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military cannot use bitcoin, but bitcoin can use para-military :x
hmm, or the ones with corporations that have literal children working in sweatshops with little pay telling us to follow our dreams and criticize others of low morality? i am just joking.
most of those old rich fuckers gonna die before seeing brutal consequences of climate change. so they do not care. **fuck!**
lithium harvesting is terrible for the oceans. guess who owns the largest lithium purchaser on earth for his batteries.
and have golf courses, immense pools and what not!
exxon invented carbon footprint as a way to shift the burden onto us. as bad as the billionaire class is, corporations are by far much worse.
something tells me that they just want to shift the narrative for their benefit.
the biggest carbon footprint is the military. then international trade. and some where down the line is wasteful people, but they are not very wasteful by comparison.
pretty sure i have boxers a decade old.
to be fair, apparently elon sold off all his property and lives in a tiny home. he's still a shitstain but he is a shitstain in an oversized box.
it's called job creation
what kind - cheese or table?
and have mansions by the sea while screaming about "global warming will cause rising sea levels and drown cities"
yeah but they bought a tree so its ok.
you forgot water consumption for those estates
they are license to use energy and you are not
and pay hardly any tax i hear too ... like wtf ...
while you can´t even shit in the woods, because it´s polluting (btw we should focus on bears...these suckers are making real mess in woods:d )...i am not even talking about such a luxury thing as driving a car to work or taking a bath instead of 30sec shower:d
leave al gore out of this...
elon musk lives in a tiny house.
it's almost as if we do not need these politicians for anything. we can actually solve the world's problems by ourselves!
even if crypto mining is as harmful to the environment as many authorities advertise, creating new cars and new items to sell is even worse, while only allowing the rich to benefit.
i'm a lumberjack and i'm ok
so he will be meeting whales during his journey, that's bullish for crypto.
why isn’t everything on zoom by now?
the government does not have to, we just cannot get this voting thing right...
“you’re against global warming, yet you don’t sacrifice everything in your personal life for practically zero impact on the problem. curious”. it’s such a dumb argument. if it wasn’t private jets, it’d be meat. if it wasn’t meat, it’s be turning off the lights before leaving any room. and on and on. idiots can always find a way to ignore the point and hint at supposed hypocrisy.
not to mention that there are likely orders of magnitude difference between wasted crypto mining energy and energy being used for space fuel.
> going to a climate summit is probably orders of magnitude more important than the majority of other reasons for flying. its really not. those billionaires going to these events are mostly symbolic. besides, the point of op is not just about them going to climate summit. they do use private jets to go to places that are not important as well.
algo has smart contracts that track it and then buy carbon offsets. pretty cool, right?
no, no, do not encourage them...
if the plane is full. at 80% it is the same as everyone driving. below that it better if the people had drive. [here](
are you sure that math holds up for private jets?
i cannot tell if you're being serious or making fun of the mob mentality comments here.
exactly, it isn’t fud to point out the environmental concerns associated with mining crypto. it should viewed as a problem that will benefit the whole ecosystem once solved. it’s one of the reasons i invest in algo, because they are carbon negative. i think that’s an awesome goal.
whereas every single space launch contributes to the aeronautical engineering field
yep. this post is obviously made by a teenager or other astoundingly naive person. literally they are complaining that energy is not being used to compute arbitrary blockchains, instead of propelling humanity towards our first real space age.
> the energy use of bitcoin farming and other crypto's is embarrassing purely your assertion. not an argument. bitcoin is mined to ensure the hardness and security of its money. all to liberate millions. there's no need for space tourism.
anything remotely critical of crypto is downvoted on this sub
there is a lot of people here who do not understand economics, and hate the government or big corporations. not in some kind of meaningful thought out sense though, which there is plenty of reason to thislike the status quo. but in a reactive nonsense way where anything they do is wrong and anything crypto does is right.
wars did help advance technology, human desire for wealth also funds innovation.
growth is fine difference is that nasa was tax funded. companies like virgin and spacex hoover up tax dollars and do not pay their share into the system. virgin's new space center cost new mexico taxpayers a quarter billion in promise of a new industry. whether it will pay out is anyone's guess.
that doomfist's quote was always stuck with me... „only through conflict do we evolve.“
i mean he did have to get approval for that so there’s not really no rules. a government could just do it, so not a great example.
i mean, global high speed satellite internet coverage is going to be pretty incredible for our entire species.
and what's the problem with that? he is still developing rocket technology which will eventually be used to benefit everyone.
you guys are so blinded by elon hate because of his crypto moves. he had received approval for the starlink constellation. no, he can’t launch as he wish. there are government protocols and approval process.
you're literally on reddit. lol.
can you get a darwin award without dying? if so, i present a prime candidate.
well it gave us the good things and possibilities but the people who are in power gave us the mass surveillance etc.
oh my god bezos would hear a heart breaking story about how his employee can’t afford to buy a pair of shoes to work or pay for her sons operations because she has shit health insurance. heartwarmingly, jeff would buy her a pair of shoes and tell her to get back to work.
i wonder if bezos took piss breaks when running amazon from his garage... maybe he has one of those freak work ethics and thinks its personally normal to never stop for anything.
disagree, bezos would put on a face and say i'm sowwie and would gain clout in public opinion and come out ahead while probably making no real change. amazon workers need to unionize if they want to stop being exploited. remember together we bargain and divided we beg
just tell him the show is called undercover mafia boss and he can just continue doing his daily thing with zero change.
look, i'm not saying gates is a saint, but he is a hell of a lot further than one step ahead of the rest when it comes to using his wealth to benefit others. let's also not forget that when he dies, virtually all his wealth goes to charity.
owned by the same conglomerate overlord.
many only because of government assistance, which other tax payers foot the bill for. if the employer payed more, other tax payers wouldn't have to help that employee survive.
many cannot get other jobs though. no one deserves those working conditions.
someone has to do that job, so why not ask for better conditions for their workers?
terrible argument lolwtf. massive numbers of big companies treat their workers like shit. not everyone can afford to avoid them all.
you can swear as much as you like, it doesn’t make you any less unintelligent.
and tbh, made it possible for all of us idiots to even be mining. pretty fucking mongoloid take on the op.
>co2 emissions from the airline industry were only 2.4% of global co2 emissions!!! so that means in 2018, the global co2 output of rockets was only 0.0000059% of all co2 emissions. in other words, there are a lot bigger fish to fry. > >worrying about the current co2 output of rockets compared to the rest of the world’s contributors would be like worrying about and focusing on a single leaf in a forest fire. there are much worse offenders we should be focusing on. [
why? tech in general has been privatized for the sake of profit for many decades and continues to benefit society.
you do not think the billionaires would possibly try to extract wealth and resources from space, do you? why would they do such an awful thing?
not directly, but more people having access to space absolutely is. profitable space tourism is going to be huge for changing humanity. every human who has viewed the earth from space has found it to be a life changing experience, left them feeling humble. people have suggested that any presidential should have the experience of looking down at the earth from the iss before being given the nuclear football. although, maybe i'm an optimist space nerd.
> the private sector has been good at exactly one thing: taking public research and figuring out how to privatize our tax dollars. this is a dumb statement that is 100% wrong considering space x is 2:
blockchain is good and here to stay, but mining is extremely wasteful in both energy as well as tech. i am still salty about not getting a 3080 atm.
but we do not have any alternatives to pow!!!! ^^^^^^cries ^^^^^^in ^^^^^^dpos
let's compare bitcoin mining to gold mining again. that was fun
thank you for this. it seems to be a common strategy to thismiss pro-climate action by deflecting onto other industries even when those industries are way less impactful. not to mention that the space industry has definitely been working to get more eco-friendly.
it's not space travel in general, it is obvious from context that the critique is on space travel as a leisure activity for billionaires.
it's space tourism. arguably we do not we do not even need to send people into space.
they are licensed to use energy and you also are, as you can see because bitcoin still exists.
what? who is licensed to use energy? tbf the energy used in the rocket launches is magnitudes smaller than what mining takes up
it *is* wasteful. just as any monetary system is and would be. how much resources in general are used to keep up the paper system we already tolerate and take for granted? just because we get something back from it does not mean we're putting much more into it than is worth in real life, apart from what we give it as a collective. and let us say i'm wrong. "bitcoin is not wasteful" is also purely your assertion. can i also thismiss it out of hand and pay no more heed to you? are you simply wasting more electricity to generate and store your needless comment as much as how many "bitcoins" you have? at its face, bitcoin uses up energy that others consider "too much", or at least very much quantifiable in terms of electricity and the fuels needed to generate it. at least until you prove that all other systems are worse... then prepare to receive a hell of a lot of flack for it. because you've done none of the legwork and expect your own comment to be accepted at face value.
what are you smoking
i get what you're saying but it briefly reads like you think op is big dick swingin' on crypto mining.
you are correct, but of all the dick measuring contests, exploring space is definitely one of the better one imo. especially as *if* we are able to colonize a planet we could be one of the first multi-planetary species in the universe.
i seriously doubt that the energy expenditure of all the space programs in even the most active year comes anywhere close to that of any nation on the planet, unlike bitcoin. space engineering firms are doing useful engineering work, whereas bitcoin is just crunching the same math problems over and over.
it's a favorite line of argument on the far right, and unfortunately a lot of those "soveriegn citizen" types are also into crypto as a "hedge against inflation" and stuff like that.
exactly, i do not think it is ethical for billionaires to exist in the first place so it is not exactly the gotcha that he thinks it is.
it's the tribalism. both within crypto and with crypto as a whole versus the world.
it's because they cannot defeat the argument about pow's insane energy consumption, so they draw a false equivalence.
not sure if true but that feels like an american favorite. so often two "sides" are bidded against each other and rallied up, perhaps to thistract, to hinder the ability to see what's actually going on. absolutely everything made into a competition for no reason (see: presidential race).
it's because very few people here are interested in thought and reflection. most are here for a get rich quick scheme and randomly regurgitate echo chamber arguments for cryptos.
also gotta think of it like this too, in terms of power consumed(pollution generated) vs the pollution generated from a rocket launch. rockets launch maybe a few times a month, maybe not at all depending. but crypto mining, around the world by hundreds of thousands of people, by hundreds of crypto farms, 24. that's a fuck ton more time to weigh the scales against crypto in the argument.
yeah. it's bullshit, especially since rockets contribute a tiny, tiny fraction of carbon emissions, especially compared to crypto.
yeah i agree. the transition should be done only when mass adoption becomes more realistic. although the reason(energy consumption) is valid, they are just concerned about cryptos downfall.
this is my thought too. btc has already got more than a decade of a proven track record so i do not see that going away any time soon. pow and pos is going to co-exist, at least for a while!
i think so, but the rant was about a demo flight by branson done for no reason this would be a more interesting comparison to do. and it would have to be compared to the "normal" flights replaced i guess.
water is not wet...
wow, a source on reddit!
and here i'm wondering when will i stop eating ramen...
you know if you freeze it you can make ice.
but it is bc of the ultrawealthy why we are developing so fast. we have so many startups funded today, healthcare is becoming more efficient although it is far away from where it should be, space travel might get commercialized, it might pave the way to make our species inter-planetary. the rich know to break the rules. if i do a 9-5 job for the rest of my life, the employer would've made at least , but no one sees that, we only complain about it on social media which they created for us to do. most billionaires are billionaires bc they went against society's norms & broke all the rules to effect change, if they did not do it, we'd all be peasants now & will continue to be this way until we wait to die out eventually. most of them are rightfully rich now bc of their impact on our modern lives.
hydrogen is the fuel, oxygen is the oxithiser. they are the elements that make up water.
i'm not thisagreeing with you, i'm refuting their comparison to bitcoin mining, because bitcoin mining is literally intended to waste energy only.
because climate cycles are a process that exists, and for the last half a century and change we've been continuously hearing, from the same scientists that say this is human-caused in the majority, a regularly flip-flopping story that the earth was getting too hot or was going to flood. i'm not saying that human actions have no impact on the climate or weather patterns. but the impact that is assumed has regularly appeared to be far greater than it really is, and even in the event that it is primarily human caused, the solutions to that issue are not the ones that get regularly pushed. sure, if you want to eat less red meat or get a bike, those can be good decisions, but it does fuckall in the grand scheme of the climate. putting in actual restrictions on emissions of nations like china or from companies that pollute to huge degrees and make excessive waste? that'd be a good start.
a very small proof of work to help counter spam attacks. the entire nano network, nodes included, could run on the energy of a single wind turbine.
yeah that was my "if you count missiles" part
it might. but it’s all the truth. i don’t play video games too much so don’t know what you’re talking about. i planted trees in the 70’s, reduced ozone depletion in the 80’s, in the 90’s things changed from global freezing to global warming so didn’t know what to do. then cheney coined the phrase “climate change” and now everyone freaks out whenever it gets cold or hot outside. so anyway, i’m just doing my part to save the world by buying and shilling safemoon! i’m being a good steward of planet earth!!
yes, but that is possible without all the energy usage, like pow for example. spaceflight just takes energy, thats physics
well would you look at that
you can imply a video of a conference of scientists presenting data is invalid on the grounds that the video was posted to youtube, but the conference did happen and the data presented is real. [was this gathering invalid because someone posted it to youtube?](
i hope i am in the die group
going off those numbers, then, the answer to the initial question would be "slightly over 21 minutes". in other words, there would have to be two to three rocket launches every hour, 24 hours a day, 365 days a year to match the amount of energy used by bitcoin mining.
mining is consistent, rocket launches are not. makes sense why there is a large difference
it’s hypocritical of elon to call btc bad for the environment while he charges cars off of coal power, as well as using vast amounts of fuel for launching rockets and satellites. btc is moving towards green energy faster everyday.
ya karman line is the internationally recognized boundary. at 50mi there are still clouds... richard branson also flew on a high altitude plane. not a rocket. it was pretty obviously not a space flight.
why would i change when all these fucks are way more irresponsible than middle class families? i’ve done plenty of research to know the half the shit they tell you is not true. not drinking the kool aid. you do you and i’ll do me
this thread makes me depressed
hey we are being too had in them they all have charities sure they use it to write off some taxes and they are mainly vanity projects not actually accomplishing anything most likely using it to fly more and cause more pollution but …oh f never mind ….
or the ones that make our clothes, foods, houses, cars, food containers, water all contain plastics and slowly kill us indirectly by the planet and directly by the phthalates in plastics. and tell us to recycle when recycle releases all the chemicals in plastics into the air
or maybe the ones who have spent untold amounts on pushing a thisposable consumer economy in the name of profit?
comrade! why do not we start revolution against them ?
imagine not caring about your children. yes, i'm talking about elon calling his kid xyz or whatever
i feel like most of the comments here are people saying they do not care about climate change. if you are concerned about it, do you not feel like crypto is contributing to the problem at least? as much as elon's tweets annoy me, he is right that we should continue to do more to make crypto more environmentally friendly because the carbon it generates is a real problem.
and dare we say anything about lord musk, sec put a stop to him causing fud in stocks. so, now he manipulates the crypto market.
yeah, i go into an argument with someone on here before stating that lithium is hardly an environmental solution.
fucking elon. what a fucking surprise!
he’s just trying to make himself look good don’t fall for it
don't believe it, he has seven kids. do you really think them ex baby mamas will let him make their homestay miserable? he is just trying to make himself look modest with 200 bil in the bank.
pr team working brrrr for elon ,don’t blindly believe what they portray
barbara streisand had a house with coastal erosion and she didn’t want it to be seen. it’s now called the streisand effect.
that’s not the point. no one wants to live like that. it’s the fact they act like they’re above it all and don’t practice anything they preach. when they actually have a bigger carbon footprint than the majority of society.
rich people know the tricks to keep their wealth no surprise there
but his house is way bigger than mine.
they can’t share cocaine over zoom
because zoom is absolutely terrible for thiscussions between more than 2 people. it's not natural conversation.
>if it wasn’t private jets, it’d be meat. to be fair, there *is* a point to be made about about meat and climate change. the meat industry accounts for 15% of greenhouse gas emissions, in fact that is more than all the ships, cars, planes, and trucks in the world combined. private jets, however, make up a very trivial portion of greenhouse gas emissions. but i do agree people complaining about private jets are just looking for an excuse to ignore the point, and basic facts while we're at it, to scream about some perceived hypocrisy.
and a lot of rocket fuels exhaust nothing but water or oxygen...
> try to understand why poor people care more about ensuring their survival than some hard to grasp world problem that does not have immediate consequences on them right, but someone has to care about the human race as a whole. i do not expect anyone to not care about their survival... but we should all agree that, collectively, the priority should be on the survival (not just survival, but happiness and richness) of the civilization as a whole.
i get the sentiment but to be honest i would be glad if leaders had basic decency, which frankly seems to be pretty rare. i do not think expecting them to be exemplary in every regard is a realistic standard. if i had job with a shit ton of stress and responsibility you bet your ass i would feel entitled to some degree of privilege compared to someone living off benefits. there is good reasons for them to use private jets (notably safety) and in my experience communication over zoom is not comparable. if you think world leaders should come together to change the world, it seems making some kind of real connection is helpful for that. oddly enough it is exactly having those kind of super high standards that would lead imperfect, but good people to step down, and leave the hypocrites and assholes to do their conning and posturing. maybe to some extent that is already what's happening?
it does not matter, you have to tackle climate change from a foundational level or not at all. if we cannot get corporations on board it would not matter what government employees or your average joe does.
i helped designed the g700, so i think i know what i am talking about. but here, you can easily check these facts: basic stats (g700 jet as an example) fuel capacity: 22407 litres max range: 13890 km fuel consumption: 1.61 l maximum passenger capacity: 15 fuel consumption per person: 0.107 l now a car: average fuel consumption: 0.094 l however an airplane can travel in a more efficient path than a car because the car must follow the existing roads. this efficiency is >>1.3 in the states. as a result the maximum fuel consumption for a (full) private jet is 0.0823 which is lower than 0.094. fuck you for making me do basic math this late at night. and if you want imperial units…go back to 1800’s edit: if you want a source, here. just correct for the path efficiency
yeah. plus we're like... kind of literally killing ourselves right now, what with the fact we're on a downhill spiral of climate change.
pretty much does, actually i'm assuming you're sarcastic
we've been doing it for over 60 years. and space flight is not really aeronautics.
wow that's a real shill comment, lad
it truely is a dangerous echo chamber sometimes!
one thing iv noticed alot on this sub is people (particularly bitcoiners) tend to use whataboutisms to try justify the flaws of their investments.
wars will advance technology, but there will be no people left.
exactly. nasa was tax funded. but now the only way to get true funding for space age technology is to be a private company.
yes, but i would much rather be on a bulletin board system (bbs) still with a computer i like the look and function of, normal weather again, normal skies again, non-gmo foods, telephones tvs and computers not trying to spy on me and make ads for anything i might look up, people talking to each other again on telephones or in person again and not only texting or using places like these to replace their humanity, better music, better sense of humor, better movies, better manners and behavior overall, more rights, more freedom, more peace, not being forced to wear masks for communist experiments, more choices for stores that weren't corporate owned and ran, less riots, less taxes, less political witch hunts, less media telling people what is news rather than what actually is, people actually knowing who their neighbor is and liking them, and a whole lot more hope for the future and that it might be good rather than what we ended up with.
that fact does not thiscredit their statement
jeff “work life balance is a debilitating term” bezos
he is not though he is just better at pr. remember that microsoft got big well before all these other guys got big. gates was the bezos, musk, etc of the 90s. he was the big bad, but he is had like 15 years to rehabilitate his image by dumping money into charities. warren buffet i really do not have much of a problem with.
so they had no other choice until amazon came along? lmfao get real
we there you go then. they literally have no better options so why complain? they wanna complain, just don’t work there. just taking someone else’s spot that would be glad to be there
because why would a company pay more when people are clearly willing to apply and do it for less?
the privatization of price competition. to parallel with something more black and white, consider how a system of privatized healthcare, like what the united states enployes, prioritizes the extraction of value primarily over the welfare of its recipients. juxtapose that with what the majority of european countries have, where it is public infrastructure, and doesnt price out a significant proportion if probable recipients. there are some aspects of society that benefit its inhabitants with their designation as public utilities (consider highways for example).
and this is how we get trillionaires. and when you are off world they own you.
profitable space tourism will lay the groundwork for profitable space mining, which is the real game changer
profitable space tourism is going to be huge for private citizens pockets.
i mean would def be cool to go to space but i also was humbled when visiting places like the grand canyon or yosemite here on earth ’t need to go to space to realize how great earth is
seriously. it's here already. just use pos. let's get pow where it belongs, in the technological cemetery along with coal-fired steam engines. if bitcoin does not switch, that is the way it is got to go.
the fact that rockets are now re-usable alone… it's not just about the money. it's also tons of resources saved
the fallacy is called “whataboutism” and is extremely common. it’s so easy for someone without much knowledge on a subject to change the subject by going “well what about this completely separate topic that sounds similar?” john mulaney made a great joke about whataboutism that exemplifies it perfectly when he said he told people he didn’t want to travel back in time and someone goes, “so you’re telling me you wouldn’t go back and kill baby hitler?”
but it is not a leisure activity. spacex is launching rockets into space, virgin galactic can replace all the "0g airplanes"(used for astronaut training, film production and science experiments) with a much better alternative. if you wanted more than a couple of seconds of 0g for an experiment you had to send shit to the space station, virgin can do 4 minutes(still short obviously) for much cheaper.
> it is wasteful. just as any monetary system is and would be. how much resources in general are used to keep up the paper system we already tolerate and take for granted? just because we get something back from it does not mean we're putting much more into it than is worth in real life, apart from what we give it as a collective. again, just your assertion. i could say watching tv or playing video games is wasteful. >and let us say i'm wrong. "bitcoin is not wasteful" is also purely your assertion. then we're at an impasse. >are you simply wasting more electricity to generate and store your needless comment as much as how many "bitcoins" you have? at its face, bitcoin uses up energy that others consider "too much", or at least very much quantifiable in terms of electricity and the fuels needed to generate it. at least until you prove that all other systems are worse... then prepare to receive a hell of a lot of flack for it. because you've done none of the legwork and expect your own comment to be accepted at face value. you said yourself other monetary systems are wasteful. but bitcoin at least does not need to be guarded, shipped, stored or in the case of gold, mined in a geologically harmful way, smelted, assayed. since a bitcoin mining farm can be anywhere it can use stranded energy.
science fiction warned us about letting corporations colonize planets.
had to leave the monero subreddit because of all the wackos privacy coins attract...
agreed. definitely do not get me started on billionaires in general.
>i do not think it is ethical for billionaires to exist truuuueeee
of all the killings and wmd's and prison planet countries like the usa, is someone having a few more zeroes in their bank account really even a problem in the grand scheme of things ? in terms of world problems, rockets and crypto mining are miles ahead of the ecological destruction wrought by large bank account balances.
absolutely accurate, in my experience. somehow it gets ***worse*** in the individual coin subs, making this the objective and reasonable version.
join the reddit source movement. there's literally dozens of us!
i recently listened to a podcast where they were talking about sociopathy being so common among billionaires. scary shit
are you suggesting that any of the billionaires involved in the space industry efforts are literally sociopaths? and if so, who?
i was referring to all the explosions, not the actual emissions created by the rocket propulsion. those explosions cannot be good for the environment.
i hope we round up billionaires on order to preserve humanity and this planet. but i guess you can just roll over and die... that is cool too...
ive taken the worst conditions for rocket launches of last year. biggest cargo load and biggest energy usage ratio i could find in 20 mins of searching. also energy usage of mining has doubled last year so i wouldn't say mining is consistent. they are both pretty bad tho. more context: average us household uses 36,000 mj a year.
2 elon lovers downvoted you, thats sad. i wish you could find out who downvoted the post and ask them what they think of the child miners elons supply chain uses to mine those rare earth metals, polluting the earth and destroying lives
where did you do your research? youtube?
i was already depressed before reading this thread.
just follow your dreams dude. and buy stuff. but not crypto, it literally kills baby seals. trust me bro
agreed, glad i am not alone in that feeling.
revolutions end with dictatorships being formed .
i thought x æ a-12 is a girls name.
i am very concerned. i live in wildfire area and increasingly we get [insects that carry illnesses]( that couldn’t survive the temps but now they can… but corporations thisproportionately are responsible for the harm and they promote the idea that it’s us drinking out of straws instead of micro beads in everything or fishing nets or literally dumping barrels of [toxic waste off the coast]( or not cleaning up the partial nuclear “sodium reactor” [meltdown]( just outside los angeles for 60 years. edit: added links so people know those weren’t made up examples.
i am concerned about climate change and the environment, but crypto’s energy consumption falls really far down the list of priorities. there are so many things we do that are so much more destructive, yet it is almost taboo in the us to contemplate abolishing them. for example, our destruction of the oceans which are our planets greatest means of carbon sequestration. we are falling so short on that front, that it is absolutely laughable to think about doing anything until that is addressed in a meaningful way. and then there are our paltry efforts at generating clean energy, maintaining our ecosystems and addressing our water problems. if we made a commitment to doing any of that now or any time in the last 40 years, crypto’s energy consumption wouldn’t even be a consideration. in short, our environmental problems are like being in an elevator filled with nfl linebackers that has exceeded its weight capacity. complaining about crypto is like kicking a 90lb child off that elevator and blaming her for causing the problem.
>i feel like most of the comments here are people saying they do not care about climate change. if you are concerned about it, do you not feel like crypto is contributing to the problem at least? no, crypto is in fact helping to solve it. 1.) pow networks electrical usage is almost entirely due to mining nodes, for those running mining operations they have 3 major expenses. location, hardware and electricity. of these three the easiest one to reduce cost with is the electricity, and thus miners are highly incentivized to minimize to whatever extent possible their power cost. this incentivizes not only using free renewable energy where possible, but drives innovation in and effort to reduce their power bill. short of starting a bombing campaign, the rest of the world can do little to stop china from making cheap power on the massive burning of coal fueled power plants to keep it is power cheap. we are not embargoing china in an effort to address the goods and products they manufacture using this cheap power, why is it only bitcoin that becomes a power usage issue? 2.) take all the banks in the world, all their daily power usage, all the carbon foot print of all the employees working for them going to work, in other words try and calculate the cost of our world wide financial infrastructure. then double or triple that to simulate extending that infrastructure to cover the entire world (which it does not currently do, but crypt does). never mind that international monetary transfers through the existing banking system can take weeks to settle, never mind that the laundering schemes of fiat are done through such banking systems, just taking into account the massive power and resource usage of this world wide system that does not even serve the whole world, and you'll find that crypto uses much less power for services provided than the banks. crypto is a solution, not a problem.
i am extremely concerned about climate change, because when (not if) it happens, it will impact everything - the economy, our food security, coastal habitability, water supply, daily temperature. hell it even effects national security, cause how would you control the influx of millions of desperate climate refugees running from impoverished countries or inundated coastal areas? i find a lot of climate deniers are extremely myopic about climate change, and concerned about their own country only. no surprise that most deniers are in rich america and europe, where the have the resources to weather the incoming storm. the ones in developing nations, island nations, and coastal areas? they get fucked.
absolutely but compared to fiat at least it’s now trying to get better.
no it is not. climate change is a natural cyclical process, just like yearly seasons but on a much bigger scale. basically right now the spring starts (cuz there is still lots of ice around). all of it will melt away and life will adapt to the new climate. sure, pollution and fucked up deforestation, with and sides of capitalism done wrong, will make our lives much much harder in the process, but we aint much to blame for the global warming as some try to say. they have their own personal agenda and many are doing it for profit... so... yeah... ❄️🌞🔥💦✨
in all fairness, if their is a flaw in the crypto market that people can easily exploit, then maybe we need to fix it instead of wishing the problem went away. if musk did not do it, someone else with a lot of influence probably would.
and let us be honest, he probably has adhd, is on coke often and hence barley ever is at home anyway.
having kids is probably the single worst thing you can do for the environment. besides clubbing a baby seal to death with a tire iron.
and now you've thiscovered the reason billionaires are pushing out into space... they're devising a plan b for their 7 kids.
that's your response? is that usually your reaction to any facts that are counter to your stereotypes about people?
yup, and since they can pollute the world in private jets to literally *save* it, do not expect that sort of tech to be developed soon. rules for thee, pleb, not for me
i would remove 99.9% of it.
honestly finding and electing politicians who actually help the little guy may just be an impossibility at this point, but we can hope.
jesus, be any more condescending. cars and planes use different fuel so comparing l. also if your gonna factor that 1.3 multiplier you can come up with a whole bunch of other theories. like, a lot of people just wouldn't travel long thistance without planes making it 100% better for the environment.
your fuel consumption for cars seem to off by almost an order of magnitude (depending on the assumptions) - a modern somewhat fuel efficient car uses about 0.05-0.1 liter*in the real world* and seats 5 people (admittedly not very comfortable though). this results in 0.01-0.02 liter?
actually not sarcastic but yes that’s what i’m saying lol
and what a patronising one from you.
that's because nasa realized that that their own projects invariably gets bogged down in political pork. they are forced to build suboptimal things in suboptimal places because the senators that approve the funding also wants to bring home the bacon. by buying complete solutions from private entites they actually get more for their money and faster. the commercial crew project is actually saving a lot of tax dollars.
sounds like you’re almost there bud... what communist experiments you talkin about?
i mean you can certainly have your own views and opinions, but statistically an average person is better off than any time else during human society. there's more access to education, food, jobs, ability to travel geographically and socially. if you're so concerned with media and your personal freedoms you should really just turn off the television because things are not as bad as they seem on the tv. they always try to paint a grim picture because that is what keeps you watching.
why is the truth downvoted so much? do people like the road to hell or something?
gps certainly helps me
“i know you are but what am i” is effectively what you just said…like the 5 year old you are also, what darwin was or wasn’t right about is irrelevant in this context as it’s simply awards for people who should not reproduce.
just spend a few more minutes to formulate a better comeback. don’t rush it…
people who say this are the same sort of people that lambast others for picking up loads of garbage and then posing with it "oh, they are just posing for facebook" so? garbage got picked up. i do not care why they did it as long as they did it.
> but he is had like 15 years to rehabilitate his image by dumping money into charities ah yes, but that is the thing. he has. bezos has not done that. it does not matter on the time frame, it just matters if it is happened. also, gates has not simply dumped money into charity, he is setup entire funds to help innovate and progress life
i mean, many people working there are temporary foreign workers or new immigrants. they are taken advantage of. your lack of knowledge and empathy is alarming.
some people dont actually have much choice where they work if they dont have the means to obtain the prerequisites for more favourable conditions. despite america being one of the wealthiest first world countries, it has an atrocious level of social mobility. were one of the few countries where schooling can leave you in debt, and our infrastructure is so spread out you need vehicle in many cases. the lower working class has many of the opportunities they would otherwise need to get a better job hamstrung; a problem that should not be so prevalent throughout an economically robust society. you say "get real" but dont actually regard any of these factors that are unfortunately extremely pervasive here
"i'm sure there is an even poorer american willing to piss an bottles and work under third world working conditions! advocate for **better** working conditions?? nah"
lol you're dumb. many people have little to no other option. do you need examples to grasp that notion? other options may be worse. or they cannot take any time off because they already live in poverty but have family to support. but why not ask? thank god [workers] regulations exist. remember, corporations are there to make money for themselves and, not give more to their workers. that kind of basis for business does not bode well for lifting people up and out of poverty, or for increasing the overall well-being of a nation.
why pay people what they deserve when there is always someone more desperate to fight over scraps?
well, they probably wouldn’t. that’s where the free market fails
hmm i never thought of that, good point. let’s just get rid of the minimum wage too and pay everyone .
the only thing more cringe then a billionaire is a trillionaire
while i'm not sure that space tourism will change much about space mining, any money spent efficiently in the development of spacecraft is probably to the benefit of mankind
which is a good thing.
well, miners mod consoles to mine also. crypto is affecting real tech with all the mining. computer hardware shortages affect every industry and crypto is demanding a large amount of computer hardware to be used in a way that is wasteful.
not sure how sustainable space travel will be if it becomes as common as car ownership, or even air travel
right, so... either post your proof or take the flack.
yeah, they were all heavily into vaccine thisinfo and anti lockdowns... :-(
but what would we do with all the wealth and ressources if they weren't centralized in their pockets. no we should be grateful for their sacrifice. as a token of our gratitude they should all be given a free trip to the sun since they seem to enjoy space so much. or a free turn on *la veuve*, more eco friendly and refined.
oh yeah, it is a somewhat known dilemma that sociopaths are *actually worse* leaders (who would've thought), but are (s)elected for top positions more frequently. we may have a little stockholm syndrome going on collectively
nah, i wanna die in a cool planet explosion
i meant mining is 24. now if 1 rocket was being set off consistently, mj to mj would be interesting to see i would do the math but i'm on vacation and cba
thank you for being able to connect the dots. thanks for your comment. you definitely raise a great point also. cheers.
no sorry dont use you tube. i read actual studies and not ones that our government produces. just like science on masks they put out. do some real research to educate yourself. if you rely on mainstream media or get your news from social media sites you wont ever educate yourself
as long as you and your family have your health try to be happy. there’s not much anyone can do to change things in this crazy world.
did it cure it? two wrongs make a right you know
but this thread made my depression go to the moon
i literally have dysthymia.
theres is crypto inside baby seals?...nice😬😬
buy weed with crypto bro; plants save the environment while cripto destroys it
that's why you should go for water tight big seals. they do not get killed easily.
b-b-but i wanted to buy babysealcoin. it is supposed to moon!
you are all loved. don't forget we are in this together, ride or die.
i always felt this way.
i honestly find nihilism to be oddly optimistic. if nothing matters, then fuck it all and decide what matters to you.
embrace stoicism, fatalism, scientific temper and positive value systems.
or the cia comes around and "re-establishes democracy"
and i am even more concerned about how the people in charge do not care about it when large corporations fuck up the environment and us small people have to pay for it.
to address the ocean thing, i propose colonizing the oceans with sea cage fishing and kelp farms. you can solve hunger, global warming and pollution through this. sea cage fishing solves world hunger and helps protect wild marine life, and you can reseed ocean with plankton and make artificial reefs. kelp soaks up the excess nutrients and prevents side effects of farming. it also makes bioplastics solving solid waste. it also reduces ocean acidity. kelp grows 9-12 feet a day and can soak a ton of co2 which you can harvest for organic fertilizer, biofuel, food, bioplastics or just let it sink and take away co2... we can also engineer kelp to filter microplastics. so yeah. one day want to start a model project on this... 70% of earths mineral wealth is in oceans too. crypto powered sovereign ocean cities, that contribute gdp to science. let's see.
yeah but what about two summers ago when millennials went absolutely hysterical about plastic straws? that accomplished so much.
i think you're being generous. 1. every industry that uses power wants cheap power. crypto is not special in that regard. fact is, if we weren't using electricity to mine bitcoin, we would be using it for something else. so is bitcoin the best use of electricity? clearly not, otherwise we wouldn't be having this debate. 2. no bank has shut down because of crypto, so no energy is being saved there.
>i find a lot of climate deniers are extremely myopic about climate change i'm going to challenge this assertion. in my experience, there are virtually no "climate change deniers" other than a mere handful of loud ones. rather, people who do not accept whichever model. one common phrase outside of reddit is "believe in climate change, do not believe in the models", as up to this point every model or prediction of life in 2019, 2020, 2021 has failed. i believe al gore famously predicted in 2004 that in 2014 the arctic ice caps would be gone. they are not. just do me a favor and do not call people deniers when they merely refuse to take ever-failing predictions.
am not a climate change denier but i doubt that people are the biggest contributor. the planet has been warming up since the ice age. yeah last decade or so it seems to speed up but thing like warming up usually are expansional, gaining momentum and then skyrocketing. yeah the over fishing and pollution of the oceans is a problem. there are more trees now then there were 100 years ago. main oxygen supply comes from micro organisms in the ocean and not the trees. look at the things climate change policy has an affect on. its mostly commodities and electricity. all mining is more expensive because of it, lumber prices soar like eagle because of it. add that to corona lock downs destroying some of these companies life will just get more and more expensive. and who owns all these commodities and supply lines? why would they want less competition? why would they want to make complex regulations that are not just expensive but hard to follow if you’re a start up. not just because of money and laws (permits etc) but also sentiment. who is going to accept coalmines? oil drilling etc. yes we’re in transition but old fuels will still be needed for a long time. no competition leads to monopoly markets and then you can just set the price. a lot of old money is still heavily invested in oil and other fossil fuels and for good reason too. renewable energy all sounds wonderful but we don’t know the impact it has. i live in the netherlands. people can’t just create large solar parks because it overloads the system. we build windturbines in the sea but research has shown that its very harmful for sea life. the sounds travel under water and create resonation that thisturbs a lot of living things. birds are constantly killed by turbines and now they’ve set up sound system that keeps birds away. cool it keeps them away from the turbines etc but it also keeps them away from breeding grounds. i think we need to take all information with a grain of salt. especially when it comes from the media.
surprised how weak his pull out game is, given how he pulls lithium out like it is a free cookie in an open house.
kids are great for the environment... if you raise em well.
>rules for thee, pleb, not for me and that is one way you know if someone is a sociopath. this is the rule for sociopaths. everyone else has to follow rules, but sociopaths do not have to.
yeah that is intentional "purely your assertion" pff, the energy usage is ridiculous and everybody knows it. it's not "liberating millions", it is not liberating fucking *anybody*, esp not bitcoin. it's not even a good currency, it is just an investment. it's mined because it is poorly designed, and that needs to change. the whataboutism is stupid, so space tourism is fucking irrelevant.
right? anyone who says companies like spacex are a waste of taxpayer money clearly are not aware of the state of nasa in the last 10 years. nasa used to pay , now they get 4 seats on dragon for a fraction of the price.
> but statistically an average person is better off than any time else during human society. at what cost? the good that *has* been achieved *could* have been achieved without all the superfluous bullshit that’s fucking over our planet and ourselves in the name of growth. innovation isn’t the sole property of capitalism. effective allocation of resources isn’t the sole property of neoliberalism. what actual good we’ve achieved is not attributable to capitalism, but the growing shitstorm around us sure is. huh that came off bitter as hell. gotta work on my delivery. edit: am i killing the mood or what? give me something guys.
having lived through several decades to see the decrease of freedoms and decline of humanity and these things first hand despite the illusion of it being contrary, i do not believe there has been anything but loss while providing people with fillers to occupy the spaces with the hope that they do not strongly question the loss of these things or why. mark twain once said there are lies, great lies, and statistics. and if we assume that the things who those sanctioned by the media tell us about jobs and other aspects of daily life are true when they are not based on easily skewed statistics deliberately, we end up with a world of people thinking they are smart when they are not, because they have fallen into the trap of believing the half-truths and lies crafted for them in advance to retain dominion over them. i do not watch tv. i turned it off over 25 years ago and have refused to watch it since, and am glad that i did. the news articles i still bother to read reflect how much of a cesspit it has become, and it is entirely undesirable and unwatchable to me. thus, you do not have to worry about me turning off the television set, because i have not owned one for decades. but i do watch people still, or rather, what is left of them...both online and off...to come to these conclusions.
if you are genuinely curious it is because while you are right on some things, you are misguided to fringe conspiracy on others. many of the things you wish were true(people talking to each other in person about real things for example) are currently possible today if you seek it out and build it for yourself. the largest point likely to have caused your downvotes is your mask view.
i was not arguing that. i was agreeing with exploitation bit.
why bother? you're mentally 5 years old and i know to go easy on you and not use big words.
i dont remember asking about social mobility i dont care if the poor stay poor
actually that’s where you’re wrong. corporations are created to provide value to their customers. you can have shareholders but with no customers, corporations die. therefore, customers actually have the most power over corporations, and they can always vote with their money. you don’t like their work conditions, don’t buy a single thing from them until they change then. start your own company and go through the process of actually having employees, before trying to argue something you clearly know nothing about. oh and fyi, i grew up in a third world country. i will never call anyone in this country poor.
those people more desperate won’t actually be qualified to get hired tho
no one with the skillset they’re looking for is gonna work for .
technology translates, especially in space. efficient, reliable, and rapid takeoff and landing systems are required for space mining to work. such technology is also required for a profitable space tourism company.
chia will be interesting in that respect; its cost to mine is deliberately in hardware, almost no energy.
a comment about whistleblowers coming out saying people would die in 3 to 5 years after vaccination was what made me quit, others were agreeing to it...
ah, that’s a real bummer. kind of ironic that people investing in cutting edge technology would also be scientifically illiterate, but can’t be too surprised.
god, i fucking hate billionaires
we would not be so lucky as to experience the planet blowing up. if we're forced to die here, i also feel that would be the best way to go.
true. takes around 10 mins for a rocket to get in orbit, so 52 560 rockets a year times the energy used for 1 rocket gives us 967 billions mj. i also found better sources for energy consumption of rockets and updated my original calculations (i was using orbital stay consumption).
nah fuck that we can change it, no more putting our heads down over this bullshit. send them up in the rocket and keep them there.
if we all try to change the world for someone, we can change the world for everyone.^1 1. we just have to use a spreadsheet to make sure no one accidentally tries to change the world for the same person. otherwise, someone might get left out. i prefer google sheets over excel, but that is just me.
there is also crypto inside of tauntauns!! it’s how luke skywalker stayed warm and cozy inside of a tauntaun!! satoshi is george lucas!!!
save the baby seals.
i’m all in on
how did anyone ever find out?
well here i go clubbing again
no, no, no... sell weed buy crypto.
bad boys for life
masturbation matters to me… and sleep too.
i wouldn't say any of those contradict nihilism, though. to me nihilism is more about on the cosmic scale of the universe nothing matters, so to embrace the present and work on and focus on things that make you and others happy.
democracy is being established. do not resist.
yep, the people who should be protecting us are best pals with the folk they should be protecting us from. the system is broken.
sea cage fishing destroys the local ecosystem, which is why it is not used much. all the waste from the fish farm is concentrated in one area, causing algae blooms that suck all the oxygen out of the water, killing anything near them. newer farms use floating tanks and entirely closed systems, with waste getting filtered out, but that is a lot more expensive than just using cages.
i got a few of those new cool paper straws, they are kind of neat. kind of like paper clothes, though, since they only get 1-2 uses, but it cuts .001 oz of plastic, so that is good, i guess.
1.) most industries single biggest ongoing expense is payroll, electricity is way down the list in most cases. with pow crypto mining the biggest ongoing expense is electricity, thus much more pressure to find cheap especially self sufficient power, so it is radically different from other industries. if a miner builds a solar array, wind or water turbine etc to supply electricity to their operation, that is electricity being produced that would not be otherwise. we are having this debate because people who have not really looked beyond the surface and do not understand what they are talking about get on the bitcoin uses to much power train. 2.) that was not my point, my point was to compare the electrical usage of the global banking system to the electrical usage of a crypto network. with a crypto network that is pow, hash power can be used to get a really good measure of the electrical usage it is all pretty transparent. with the banking system no such transparency or concise metric exists, and it is not anywhere near global. when you consider the power consumption of the individual branch buildings recognizing that to provide the same level of service as a bitcoin network you'd need to massively increase the number of banking branches, it becomes clear that the operations of the world financial system on top of banks is inferior in both services and resource usage. no bank has shutdown because of crypto yet, but if you are truly worried about environmental impacts of financial systems the clear choice is crypto, it is superior in every way, ie it is the solution not the problem. often times (and i'm not saying this is you) the most vocal people about climate change are the first ones to crap all over the obvious solutions that would make the most impact in the here and now simply because they would prefer something else. you see the same thing with nuclear power.
i think he’s saying that banks use more power overall to run their operations than crypto, but nobody complains about their impact on the climate. crypto profits are impacted primarily by cost of electricity, unlike many industries that depend on a multitude of factors, so it is definitely in miners interests to use excess waste energy, or natural sources to power the system. they can afford to be flexible to achieve profitability, whereas most enterprises are more concerned with other factors that impact their bottom line much more. i am sitting in a big building right now that used to house hundreds of workers. there are printers, phones, computer screens, excess lights, all turned on, and nobody is using them because we almost all work from home. why? because keeping the lights on is not impactful for my company, apparently. see where i’m going with this? supply and demand are always a factor. cheaper power is found where the demand is low, and the supply is high. that’s where miners will go, where energy is effectively wasted on a continuous basis.
nuclear is right there, waiting for advancements to be proven in the field.
seems to be a thing often with powerful people
it's liberating us from governments controlling not only the issuance of the money itself but their control over the ownership of our money. space tourism adds fuck all to the common good. since another space jockey elon musk has critciicized bitcoin's energy use, slamming space toursim its fair game.
yeah, how anyone can read anything about the sls and think nasa is running a fiscally tight ship is beyond me.
there is some irony is that in the age of information, thisinformation is widespread. perhaps it is just human nature, rather than seeking universal truth we try to align with believes of our little tribes. just like back thousand of years ago you would try to kill the enemy tribe because the narrative told by your leader is they are the root of all evil.
a snowfwake got his feewings hurt and is triggered. a
you explicitly said "so they had no other choice until amazon came along? lmfao get real" are you aware that the capacity to move within social strata (and the degree to which one may do ao), often as a result of the material conditions one derives from capturing the excess value of their means of production, is literally what social mobility is? i studied economics so i can answer that for you 👉 yes, it is. get real. being smug about it doesnt make you correct, and i didnt ask you whether you cared about the poor staying poor. also, social mobility doesnt just affect the poor you braindead trog
what country are you referring to? i'm assuming you live in the us now? not all corporations give a shit about customers. and they can have their fingers in all sorts of assets to make sure not to go broke. you're being naive. also, some services they provide are just so efficient and cheap that most customers do not care or look away all the while they will make billions while their workers get paid jack shit. (as you may know). standard of living is higher in "first world" countries for a reason. people need to get paid better especially from a company that could afford it.
please provide proof of this claim.
i guess i see all of those aspects being developed by spacex where space tourism is not one of their goals, where the two space tourism companies seem to be less innovative in the ways that will matter long term. i hear your point, and i do not thisagree with you. =]
that your method is more environmentally conscious than the alternatives. remember that even then you'll then meet the rest of the flack from other critiques: is it more resistant to manipulation, has better ways of avoiding counterfeiting, all the things people "prefer" other forms of currency's waste over the one you particularly enjoy using? because any alternative to the status quo will get criticized to hell, and if all you can muster is "we're all making assertions" here, then why should anyone listen to you, particularly when you lack the hard work and data to fall back on?
but we all know you are secretly a billionaire.
such a hot take.
but you wish you were one, right ?
your out of the movement!. [source](
and your like a 2 year old. your brain isnt big enough to research studies and understand them. its ok lots dumb people in this world
\-(-wrong + -wrong) = profit?
i thought my coins smelled bad on the outside
*craig wright sueing intensifies*
hhh...really save the baby seals for a while to make it big to get more after
really hope none gets slashed
so, weedswap you mean. damn that would be a nice decoy for a shitcoin named weed inu
both of things should but i think you forget the meal to eat...lol
masturbation, sleep and pizza.
save the earth. save energy. fap for bitcoin! (poj method: proof-of-jizz)
it is always good to use less plastic. i did read a few articles about how the paper straws are actually worse for the environment though. we do use way to many straws. i personally do not really use straws anyway unless it is the rare milkshake. to me, the paper straws are not even needed either. we should not be drinking the high fructose corn syrup filled soda that is what is in most of those cups either. the beverage, the cup, lid, straw, the whole thing is unneeded. imo. on the other hand, america is only responsible for 2% of the world's ocean plastics. zero is obviously better but at some point you have to look at things and realize we are doing a pretty good job overall. it also helps being 46. i have seen so many environmental hysterias come and go. global cooling, deforestation of the pnw, acid rain, running out of oil, running out of food, hole in the ozone layer, deforestation of rain forests(used to be called jungles but no one gives a fuck about a jungle), global warming, then climate change, then plastics and back to climate change. i care but do not get hysterical. a little gen-x skepticism and nihilism is a handy thing.
> if a miner builds a solar array, wind or water turbine etc to supply electricity to their operation, that is electricity being produced that would not be otherwise. that would be great. they are not doing that though, are they? >recognizing that to provide the same level of service as a bitcoin network you'd need to massively increase the number of banking branches why do you think this? i have not visited a bank branch in 5 years. but i would visit one if i wanted a mortgage because i would want to talk to someone in person. so, branches are still useful. >but if you are truly worried about environmental impacts of financial systems the clear choice is crypto, it is superior in every way it's not. if i want to send money to a friend, i would not use crypto, because it uses so much electricity and it costs money. i can send fiat instantly, for free. fiat is the better choice here.
>i think he’s saying that banks use more power overall to run their operations than crypto they do not though. making transactions between customers (which is what crypto competes with) does not use much power at all. banks also do things that crypto cannot. until crypto replaces banks, they cannot be compared at all. they do different things. i think it is a specious argument.
sociopaths are attracted to positions of power, whether this is government or the c-suite. they are overrepresented in positions of power, and now you know why we cannot have nice things.
> ce jockey elon musk has critciicized bitcoin's energy use, slamming space toursim its fair game. ... mate we're in the *crypto sub*, so *bitcoins energy use is relevant*. space tourism is not. we're thiscussing bitcoin, so it having super high energy use is a problem. > it's liberating us from governments controlling not only the issuance of the money itself but their control over the ownership of our money. you're still being taxed, so what does any of that really mean?
perhaps. same problems, new tools and weapons to carry things out with as before. however, this time, the means and implementation of it will become mankind's undoing. dependency on that which is unnatural has never been as much as it is now for survival, and automation of what is harmful or deadly to this magnitude was not present yet before, either. now that those things are here, the old outcomes will no longer be a stalemate or able to have people rebuild from and survive as before.
show me on this doll where the truth hurt you, triggeredturkey
god damn you write a lot i didnt read a bit of that reply or the previous one keep wasting your time tho
how did corporations get those “assets” in the first place? 99% of the time it’s from paying customers. and customers don’t just give money away unless they’re getting value in return. also, you keep talking about making the corporations change when there really is no logical reason to. people are applying for those jobs as is, meaning they are ok with working there. why would i, as a business owner, invest more than what’s needed in one area, when there are always other areas in the business that needs to grow? like research, marketing, security, sales, and yes even paying highly skilled individuals millions of dollars as chief officers. cause guess what, those highly skilled individuals have no problem leaving and going somewhere else if they can get paid more elsewhere. just like lower skilled people. it’s all decisions based on logic. but what you’re suggesting is emotional, without regard for opportunity costs. again, the workers are free to do whatever they want if they’re not happy with the company. no one’s stopping them from developing skills thru learning online and finding a job elsewhere. information is pretty much mostly free nowadays. or they could just take the risks themselves and start their own companies. let’s see how that goes.
homeless people that apply for jobs.
eh, i just thislike it when people criticize investment in space travel. there are sooooooooooooooooo many other inane things you could pick, like superyachts, but any money spent on space travel that advances tech in space travel is money well spent as far as i'm concerned
a hardware wallet can do the job of fort knox. bitcoin is impossible to counterfeit. and manipulate how? the markets?
can't say i did not see this coming. i guess you could say i've been outsourced.
i did do my own research actually.
yes, as long as you carry the one!
but the baby seals! 🥺
my last employer apparently were part of the founding investors of that coin inside me because that is what they wrote on my termination papers.
my 'straw strategy' is to just reuse them until they break on the sides. i use hard plastic cups and lids, so the straw is the only drink waste i normally have. to be honest, they are so small that it really almost cannot matter in the grand scheme of environmental things, it is just another 'first world problem' that no one outside of the west cares at all about, besides that they just look annoying as litter. the amount of other plastics in our trash is so much greater than the total volume of straws, by several orders of magnitude. i am a similar age to you, and i've also seen this movie before. the whole straw thing is basically 'paper vs plastic vs thick plastic bags', with new paper straws, plastic straws, and hard plastic straws. the key variable is will the end user actually reuse any of this stuff, and for the most part the answer is no, even for the thick plastic bags, which makes them just 4x the pollution, for a net increase in waste. theoretically, we could all reduce our waste to almost 0, if we could actually reuse this stuff, because most of it is rather durable, even 20oz plastic soda bottles. its just a matter of if its worth the effort to convince the average person if this is what they should worry about or not. it reminds me of the scene in the original starship troopers where they have the children stomping on poor, innocent earth bugs, because of the greater galactic war going on in the movie. in the end, as long as we do not biodegrade our trash naturally (expose to the elements, and let it rot) then paper vs plastic, in straws or anything, really does not matter, as the paper will always take up more landfill space, and we just ignore the long term impacts. ironically, the plastic tarp used to seal most first world landfills is more wasted plastic than all the paper vs plastic decisions on a micro level. these things just do not matter, they just help the 'smell your own farts' crowd virtue signal each other. i play this game because i avoid waste in my life, but i have little illusion that it will amount to anything once i am gone. i'm going to call bs on that 2 % number for us share of trash plastics. its just hard to imagine that somehow a first world country only pollutes half as much as its percentage of world population. those starving africans must really be burning through the plastic junk somehow, or we are shifting our waste to other countries somehow, kind of like how china now has the former us carbon emissions, since they both now make everything we used to make, and they 'recycle' most of our junk there, because its more cost effective, but those emissions that china leads in are in fact our emissions, just location shifted, because we are the end users of that stuff, and when we send it back there for burning, its basically like we are burning it, and we are pretending it is not us, because the bad chinese did it, even though we totally sent them back all the waste, and we knew they would just burn it, because they always burn it...
>that would be great. they are not doing that though, are they? [ >why do you think this? i have not visited a bank branch in 5 years. but i would visit one if i wanted a mortgage because i would want to talk to someone in person. so, branches are still useful. when you had no credit history, and went to get your first bank account what did you do? maybe you had an account with parental oversite, but what if mom and dad also never had a bank account? there is a massive portion of the world population that is unbanked, without the opportunity to join what we often take for granted, availability of banking infrastructure. though you can find unbanked individuals world wide, africa is a particular hot spot. solutions and efforts to bring financial services in countries like kenya have thus far to bring mobile banking, and often times this takes the form of crypto currency services. in many cases the nearest physical bank is hundreds of miles away, people have no credit history etc. once you have a credit history or relationship with a bank opening accounts, banking brokerage etc online becomes a whole lot easier, but the barrier to entry for most crypto services is - generate a wallet address and go. >it's not. if i want to send money to a friend, i would not use crypto, because it uses so much electricity and it costs money. i can send fiat instantly, for free. fiat is the better choice here. be careful when using the term crypto in blanket statements like this, not all crypto networks use proof of work, those that use proof of stake such as cardano use a negligible amount of electricity and have higher tps capabilities than even the visa network. heck you've got an entire network seeking to replace the antiquated swift system (xrp) by doing it faster and cheaper. much of what you see with the banking system is a credit based illusion. ask anyone who's taken banking payments for shipped products on an international scale and you'll quickly find out that system is neither fast nor free. sure throwing your buddy a couple of bones in person is going to be fast and free, but that does not scale, you two can trade rocks for all the rest of the worlds care, that is not what we are talking about. we are talking about global financial services where transacting entities do not even know each other. the banks are miles behind crypto in speed and cost by comparison.
i believe that all the servers, computers, lights, and accoutrements of a bank and its branches, not to mention all the gas to get people to and from work adds up pretty closely. sure, today bitcoin does not do all the things banks do, but just wait. eventually, low power networks like cardano will probably wind up doing most of what banks do. crypto will never replace banks because of legal, sovereign protections and interests, but there could be fewer of them for sure. i still don’t know why banks still have as many brick and mortar locations as they do. madness.
you literally can’t come up with an original thought, can you? three times is just a different variation of what i just said. lol, so sad…and you’re still confused why you’re downvoted. don’t worry, little buddy, it’ll make sense one day.
tldr: you commented on social mobility, which affects literally everybody with a job. there you go, sweetie 👍
that is a point we definitely agree on.
right, now divide that between the people that use it, or in the case of crypto multiply it for the people who need to be able to use it: worldwide. do the work, do not expect two datapoints with zero sources to simply back up your entire claim.
i opened a bank account with no credit history, twice (in separate countries), and it was not that hard. but yes, extending banking to developing countries is a good thing. it should not come with an environmental cost though, which is why we should all support other cryptos than btc.
yes there are more efficient and capable cryptos. it's btc that is the biggest problem.
ah, the old more-people-are-using it-so-that-makes-more-waste-justifiable excuse. bitcoin would still use far less energy even with as many users for the reasons i've previously stated. especially with lightning handling small txs.
>assangedao aims to raise eth to purchase the 1. the dynamic nft is minted using manifoldyz smart contracts and will be auctioned off on a dedicated website by pak. nothing is ever simple with crypto...
you do realize that donating money to julian assange would not do anything to help him fight his 175 year sentence, right?
seems this dao might be a scam. be careful people there is nothing stopping this from being a rug pull.
exposure is the greatest threat to corruption.
do they have a monero address?
where's edward snowden's gofundme?
lmao this is an obvious scam if i ever saw one
he's not getting shit from this.
lol. i thought putin and gqp had his back.
alternate title: people dox themselves for easy targeting by authorities wanting to crack down on "misinformation funding"
oh, the ~~fees~~ humanity!
how do we know this is legitimate, out of curiosity?
how does dumping money on someone help overturn a sentence? are they going to give 20m?
and if only cost them .
i do not understand why the thing must go through an nft auction, seems a bit fishy. also, eth does not seem the best way to go for a crowdfunding event, because people with little money would not be able to send amounts like 5. don't get me wrong, i think assange is a hero, but i do not think i'll contribute, i'd rather give my money to the icij consortium.
this whole situation is (and will be used as) a great example of what an absolute joke the crypto community is.
but i thought the us is the country of freedom lol
julian should be a hero of our times !
even i am looking for donations... a kindhearted person should please dash me some moons... need just ...thanks
nice scam. nothing will help assange now.
well people just wasted 20m. money doesn’t help fight a case like this.
people are getting straight up scammed here lol. no amount of money is going to save him, and none of this is going to make it to him. they have enough money to pay for 500 years of lawyers already, these people are just making someone else rich.
decentralisation at its finest
isn’t he a rapist?
20 million donation equals about 1 million after gas and exchange fees are accounted for
you all realize that is not what he is being prosecuted for and you are giving money to someone oh nevermind cryptos once again lining up on the side of the enemies of democracy.
oh the gas fees
free speech is more important than your feelings.
175 years in prison for doing what's right
america has no right to hold him. fuck the american government
don’t ever reveal the truth about our government, that is the moral of the assange saga!! he would have served himself better if he had released all of the information instead of drive and drabs, our government has been doing terrible things in the name of democracy for the past century, democracy is a business now not a political system to achieve! if we truly want a real democracy we must include all people from all walks of life and not just the angelo-saxon group that they deem worthy of saving!! just look at who they allowed to become american citizens after world war 11?? the same people who had tried to take over the world, and what happened to the black americans who fought and died for democracy when they returned home, even the nazi’s were received with open arms after the war and black americans were castigated and shunned by our government!!! and we are still trying to fight for our rights and to belong in a system that has punished us for being a different color, that is the only so called sin we are accused of “ being black in america “ when are we going to learn? it’s time for all of us to stop trying to fit in and start helping each other to succeed, take all of our intelligence, wealth, work ethics and perseverance and use it to rebuild our own community, the new black wall street “ right here in every inner city in america!!! stop trying to get the powerful white men and women to notice you, start using your talents to rebuild your community!!!
assange: *reveals the truth.* government: "you must go to jail for revealing the truth."
see what happens when you tell the truth about our corrupt government
this is going to go down well in the right wing press
obvious scam is obvious.
what can he do with this money if he is in jail for 175 years ?
julian assange is the only man who is not afraid of the truth and above all of telling it.
i'll admit i rarely cheer on eth. but, this is what crypto was created for! let's goo! on another note, i am not investing in this shit... lol
that's why the us government sees crypto as a threat to national security. they have no control over it. if it was donated in usd, the government would have seized it. world government is rightly so to be terrified of crypto. it shifts the power to the people.
it was 30m but those gas fees jk i know they are back down
? does that include the gas fees?
did they pay ?
another victim of usa terrorist country
assange is a piece of shit and this dao is an obvious scam. this thread is faker than a kardashian's ass.
good news. i hope is free one day.
people wonder why we need crypto... to fund the rebels of course :)
law is so stupid... just give a chance to the man!
i was all for just calling him a whistle blower and protecting him till it turned out he was in cahoots with russia and trump during the 2016 election. he can rot in jail till death like the unibomber, shoe bomber, and dc sniper for all care.
ya this is a scam.
scam. i hope people who read the post do not fall for it.
and it only cost them
you guys would love the qortal project!
how much were the fees to transferred that amount? generally curious. kiddos for the support tho! (not sarcasm)
he'll need double to pay the gas fees to use it
headline tomorrow "hacker steals assange dao after using smart contract exploit"
they only paid 30 million in gas fees.
i bet 200k was fees at least
they could have used nano and saved the transfer fees
this is a scam. this is flagged scam. how com the mods don’t have a sticky at the top of the comments section?
did this affect gas prices? i noticed they dropped significantly
ethereum has large use case and its good
i will never support a rapist.
assuage is a peice of shit, who could have made the world a better place but instead he endangered people's lives with the careless way he released information and later he decided to work on behalf of russia to rat fuck a us election. assuage deserves every single bad thing that happened to him. he deserves to die alone in a cell in adx florence. anything more is to good for that fuck.
i think its a scam. but julian assange is not a good person. just my opinion. fire ants
assange is a clown and this is obviously a scam
1. the documents leaked by bradley manning did not reveal war crimes or human rights abuses. they were embarrassing private communiques between diplomats that did not reveal anything that was not already known at the time. 2. he has not been sentenced to 175 years for anything; he is spending time in prison for jumping bail
where do i donate to keep him in prison?
i support donating to politicians in crypto. especially presidential.
this is a win win
i do not get how 20m will help him more than 100k? like, he cannot literally buy his freedom now. also why the fuck eth and why the hell nft?
the great awakening is happening folks! crimes against humanity being exposed as well as we speak
i thought pak as nft artists go was quite well respected and not someone who would full blown rug?
i hope to god it is a rug pull. sucks to suck.
just when you think something really good happens in the crypto space, it turns out to be another scam with fishy rugpull possibilities in it. i firmly believe we are way early lads.
i think it might be a scam
what assange needs more than legal help is an extraction team.
this bleeds scam, why is this still allowed here? nothing even says he is getting the money
oh boy. another way to take money from people and concentrate it elsewhere.
i don’t really care what bad he did, as long as he is prosecuted for doing the right thing
check out jacy for small cap (8-16 mm mkt cap) up 1000% since inception 4 months ago and has a great future ahead in the nft space
wow a good post on r!?!!?! thanks op
sadly the united states is gonna instantly epstein assange when hes extradited
assange literally deserves to have a country named after him.
hmm. looks like a scam, but it’s nice to see that level of support for whistleblower protection.
yeah i don’t think those things are why he’s going to jail
why not just transfer to his wallet?
this should be on the top. till this money reaches assange, it should be considered a scam.
no such thing as a dynamic nft lmao
in today's show on how cryptobro get scammed stupidly: the assange incident
>nothing is ever simple with crypto... losing money in crypto is simple
using assanage's situation to scam others must be a new low.
ah wtf that blows
in layman's terms what does this mean?
i don’t know anything about this specific setup, but it is normal to do weird roundabout shit with daos without it being a scam. a dao is not a company, and it has to make sure it doesn’t conflict with laws that are only available for companies. this is a side effect t of slow regulation. this also may be a scam. i don’t know. just saying dao stuff is necessarily obtuse like this.
if it were simple, it would be not obvious that its a scam
pak is a fairly high profile artist. i don’t think this is a scam, but it’s more of an art project than anything that will practically impact julian assange.
my scam alert went off reading that.
or web dev. literally everything tech these days are 10x more difficult to develop and work with minor improvements so you can have like 0.2ms faster response times for page rank.
not sure what this could be except a rugpull.
but you are not donating it to him at all ... you are giving it to anonymous strangers that claim they will help him. which makes no sense whatsoever. his official defense team or his wife, they can easily post their crypto addresses to people can directly donate to his team.
think of how much protection ramen he could buy
i wouldn't say so. julian's fiance, stella morris, is behind the donation. i'm sure it will go to lawyers and his children.
why? are his lawyers working for free?
you realize he is not a good guy right?
with could lawyers he could lower it to 100 years
theoretically more funds allows him to get better legal representation. my concern is the funds wouldn’t ever get to him.
honestly, there are just too many potential rugpulls in the crypto space. until we find means to make it easier for the mass people to avoid these kind of scam it is really hard to truly achieve mass adoption. however, i truly believe soon we will be able to penalize these lowly scammers
of course it is a scam.
pak is pretty reputable in the space and has a very long history with nfts.
it’s not a scam. pak is a legit artist and has a fairly high profile. but it’s an art project. it’s not actually intended to help julian assange.
i do not think you know what rugpull means
and decentralisation, the power.
**monero**: are you kidding me?
assange has deliberately obfuscated the truth about the dnc leaks.
corruption is a virus. the best thisinfectant is sunlight.
some "exposures" are not welcome by governments!!
mostly washed over by a more sensationalized target group.
lost it in a boating accident
no but the wikileaks foundation do accept donations via monero. here's the link :)
from all outward signs, this is just a scam to take people's crypto. they put assange's name on it because it would be likely to appeal to a good number of crypto fans.
plus exchange rates, travel expensive, and court fees, plus what he own the us government for his ""crimes"" he'll be left with about
this is a scam, the scammer's are using assange as an excuse to get people to donate money to them, not him.
i’d rather give my money to a poor neighbor. 10x simpler of a process and will definitely get to who needs it
is much better and also offers everybody protection from scams.
it tries to be, still in beta
freedom for me but not for thee -rich asses
unless you commit crimes (hint: assange is not being arrested for exposing something)
we do it with the help of all the other major “free” countries. we’re all being spied on. all of us
freedom for the establishment. freedom to control its population, including people living in "allied" countries. yeah. that is what freedom means.
it was, in the 19th century.
if you own land, guns, money, and take advantage of corporate personhood, it is. people just do not know the rules or how to play the game because they relied on public education and have a w2 as their sole source of income.
you mean the country founded by slaveowners that proudly has the world's biggest prison population?
*"on 23 may 2019, a us grand jury added 17 espionage charges related to his involvement with chelsea manning, making a total of 18 federal charges against assange in the us. the 18 charges could result in a sentence of up to 175 years in prison."*
julian needs a century or two to wash away some of the stink and leave the mythos of the man. snowden is a god damned hero from day 1
freedom of press supported by decentralized money, our dreams can come true.
exposing war crimes, taking asylum in a different country and having a threat to life all the time. what a hero. i am really grateful decentralized money can help julian and his wikileaks.
crypto provides a lifeline to heros like julian, snowden and others if the governments cannot back him up, us people surely will.
no the real heros commit war crimes and cover them up!
always has been since wikileaks
a fool and his money are easily separated.
but lawyers do (?). and guess what they accept as payment
all my homes hate war crimes
ironically, the apache video he coerced chelsea manning into leaking proved that the incident was not a war crime lmao. all it showed was that the pilots genuinely believed they were firing on armed insurgents (they were armed, just not insurgents).
charges were dropped and turned out to be piss. at least the swethish ones. remember, if they did not thiscredit him people would actually rise up to defend him now. instead he is both a rapist and a pro trump saboteur of the election. weird how he never got a pardon if he fucked up hillary.
how about you look into it sheep
but it has not been used for a good cause yet, no fucking way this money ends up going to assange
is this in reference to something else? this thread is about a scam running under the pretense of raising money for a criminal
fueling grifters is pretty much the only cause we see, unless it is vitalik donating dog coins
lol google translate is your friend, and it’s free 😂
hello mollyeye. it looks like you might have found a new scam? if so, pinging u. for more info about his scam reporting project, [click here]( for tips on how to avoid scams, [click here]( also consider visiting r. --- *i am a bot, and this action was performed automatically. please [contact the moderators of this subreddit](/?to=) if you have any questions or concerns.*
because then people couldn’t scam the people thinking they are donating to a cause.
even wikileaks accept ethereum. this is an obvious scam. here's wikileaks link if someone want to donate:
pretty sure the government has every single asset of his on freeze, and that would be like the baby giving you the candy.
i suppose they are trying to leverage pak's popularity to raise even more money through the auction.
i assume that they view the nft as a potential incentive to draw more attention and donations. you could just list a gofundme and avoid crypto altogether or you could just send directly to the wallet like you mentioned. but the theory may be that if you’re buying an nft with your donation, then donors may be more inclined to donate in hopes that the future value of the nft rises. maybe this money helps assange beat his case and now the nft serves as a sort of digital monument or mural representing the event. there are murals in every single city that went up during times of community activism and now you can own a piece of one while participating in the event itself. that’s just my two cents, but i’m open to hearing other people’s views.
that's because it is not all going to him. the funds are to help with his legal fees and to "*raise awareness* about julian's extradition" which is the loophole into which the money thisappears.
also completely ignoring the fact that no amount of lawyering is going to free him. further, there is a point of diminishing returns where more lawyers won’t help at all. 20m would pay for 80,000 hours of legal fees at . you’d have to be pretty simple-minded to donate to this scam.
their data can be changed through oracles.
i have no idea but reading the website it sounds like a giant scam.
yeah this is a great question lmao, red flags everywhere
a *new and flashy* term used to take your money.
it would be much harder to make the money thisappear if you could directly donate.
because this is about scamming those that support him.
they are obvious rugpulls and people would still want to invest in it.
the official wikileaks twitter and ig pages are promoting this, as is his wife. it is an official fundraiser
i’m not so sure... ice poseidon openly expressed his coin was a rugpull scam and he’s looking out for himself. he agrees he could give the money back but he doesn’t want to. if people like that don’t get penalized i’m sure scammers that don’t openly admit aren’t going to be... this space has so much work to go before that happens
i mean, there is a pretty simple way to avoid these scams. just send the eth directly to assange.
maybe people could just use their brain for once.
a very long history of nfts if you're a soap bubble
this money is not going to julian, it is going to a group, they could run off with the money
which is to say decentralized banking.
with great decentralization comes great responsibility
snap has entered the chat. "i got the power"
more like monero: lol you guys have no idea how much was donated using me 😎
if it hurts their traditional system, then they are against it
monero the true security of them all
irs leaves the chat
it will be released together with eth 2.0 and when someone finally makes a good product on ada
for which crime is he sent then? i thought the person that accused him of rape retracted (and it was not us jurisdiction or?)
found the government media manipulation officer.
just ask the vegans
what i hate is how easily people forgot about him after that initial leak while he suffered all these years.
he might have some stink on him, but it is nothing compared to the people he exposed. fuck the usa.
"stink" i.e. hating warmongering psychopath hillary clinton who wanted to drone him.
*talk dirty to me*
power to the people, from the people
but then he also turns around and launders russian propaganda. i’d have a lot more respect had he not blatantly compromised his integrity and allowed the reputation he established to be exploited by a malevolent state actor for nefarious purposes.
crypto provides the already wealthy whales unregulated control of the chains...so really just the same as regular finance
without totally revealing who’s backing him
hell yea, like the trucker rally in canada. should have used crypto instead of gofundme, it is still early and we're all learning. honk honk!
do you hear the absurdity of what you’ve just said? lawyers need twenty million dollars to somehow make a difference in one of the largest espionage cases in the us. you don’t just out lawyer leaking gov secrets and not giving a fuck. they’ll set an example with him & he will go down as a martyr.
don't shit on someone learning a second or third language.
we should start creating causes that end with dao to elicit donations.
i should help people "donate" to a cause.
pretty on point for assange. dudes a massive grifter
how the turns have tabled
happens far too often in crypto
can you help me understanding how this seemingly complex structure helps making sure that donation goes to a cause?
scamers have their own blockchain
pulling rugs is not easy
ding ding ding! winner !
ya, this kind of scam is not new. i got scammed on this type of thing last year with the whole john mcafee thing. lost a bit of my mining revenue, so it was not a big deal. this is most likely a scam for sure
generally you can access your funds for legal defense unless it is assumed to be stolen.
the recent actions of gofundme in canada with that trucker protest shows why you can’t just list a gofundme.
have you not heard what gofundme has been up to recently? no don’t use gofundme.
you can’t do productive political moves on goaheadandfuckme unless they are something extremely left and pc. they will shut you down.
sounds as big a rip off as the pink ribbons. fuck "raising awareness"
dude had sex with a sleeping girl without concent and that’s coming from someone watching the legal proceedings in sweden and his own testimonies. assange is not a protector of freedom or free speech. he is a selfish piece of shit who utilized information manipulation to get what he wants. his own co founders abandoned him for his shitty selfish morals. and for helping russia with their geopolitical manipulation tactics. that people here are supporting and donating to such a guy when there’s literally millions of children starving is beyond stupid.
still scam until proven otherwise.
that just sounds like scamming with extra steps.
a dynamic system to steal money
that about sums it up
is this a serious reply? if so what's an oracle in this case?
i wouldn’t want to be involved with this.
translation: i hear nft and i scream scam
seems like all of crypto is a giant scam. the only thing crypto has revolutionized is fraud and scamming.
people continued buying squidgame after they rugged
"but ill get out before the rugpull with profit and win!"
that's not what rugpull means tho
power to the players!
satoshi did is really good. he shall always be remembered.
irs enters the chat
insane how exposing the concealed truth is a crime.
but this time decentralization will flourish over these corrupted institutions.
irs re-enters the chat and promptly demands their cut off what they think you made.
i think line 20 ish charges. mainly espionage, hacking and the like
you found the guy that can google search. literally no manipulation is involved. check for yourself
you found the guy that can google search. literally no manipulation is involved.
most of them are pretty ignorant too not sure what they’ll have to say.
you like to talk a lot of shit about a lot of countries - you seem to hate them all. where are you from, what land of yours is better than all?
[cia under trump also had plots to kill assange.]( this notion that assange was an active collaborator with the trump admin is dubious as hell.
power to the people ♥️
such a fucking shame man. like how much more trust you want the people to lose in ya?
meanwhile, australia has just deserted him. i’m fairly sure he hasn’t renounced his citizenship here.
this is a great example of why we need crypto to prevail
except there is literally no proof of what you are saying. drink on the msnbc and cnn coolaid on russian propaganda.
in the us, lawyers are stupidly expensive. big cases like this, specially against the government, do need millions of dollars in legal fees. the fact that you’re ignorant about it, doesn’t make it less true.
i’m learning a second language and i use google translate all the time to check my grammar. it’s such an easy and accessible tool, and it helps you not look like an idiot when trying to communicate online. the incorrect grammar and spelling outweighs the correct grammar and spelling in this shit, if you just blindly type out whatever you think is right and never check or correct any of it you never improve.
there are certainly no "good" guys involved in this story.
other way around. by holding the coins, the dao can take them without recourse rather than sending them to the intended recipient.
.13 on fast, currently.
found the litecoin bag holder
did gofundme refuse to fund nazi nutjobs who broke the law? that's too bad ;)
lol i dont think that was really the main takeaway of my comment
what? they denied money that bad actors in america tried to use to drive political unrest in canada by secretly funding the trucker crap? gofundme did their job. way to be insanely hyperbolic
are you not aware enough?!?
even worse than all of that, he worked with roger stone to get trump elected
> dude had sex with a sleeping girl without concent and that’s coming from someone watching the legal proceedings in sweden and his own testimonies. yeah, not according to the girl herself >according to police records of sw’s phone seen by assange’s lawyers, ‘sw’ wrote from the police station that she “did not want to put any charges on julian assange,” but that the police were “keen on getting their hands on him.” >the next day she wrote she “did not want to accuse” assange “for anything” and that it was the “police who made up the charges (sic).” you government bootlickers are thisgusting. assange has been locked up in the worst of conditions for years now for exposing war crimes. full stop. the general public owes an incredible amount of its knowledge of global corruption and western warmongering because of his bravery and resolve. but no, i guess we should ignore all that and shill for the military industrial complex because of some rescinded allegations from a decade ago.
while i agree with you on who he is as a person! the ramifications for journalism and free press in general are fucking terrible! he needs to win this and then get fucked over on some other thing that he did wrong
you're absolutely right. there are millions of starving children so we should not give to any other organization whatsoever.
if i wanted to pull dynamic data, let us say the ever changing price of gold, from the outside world and relay it to a smart contract, i'd need to make sure that everyone in the network got the same values. but we're talking about dynamic data here, so even though one node might get a certain value, another node might get something different the next minute. and given the deterministic nature of blockchain, that cannot happen, as data wouldn't be able to be validated. so you need to get that data validated first before it is relayed to the smart contract. decentralized oracles like chainlink do that.
makes sense cause graphic nfts are fucking stupid
future of the world
that's why i now welcome government regulation. some of these small, low-volume coins, need to close and pool their resources to help bigger chains or create real companies. otherwise we'll just have an ocean of scammy bullshit.
it's impressive how he made his dreams a reality. a man of focus and will.
*irs looks around confused, offers paltry reward for cracking monero*
the government is just a legalized criminal organization. that makes rules for everyone and can always break the rules for themselves.
we should praise him not put him in jail
plants have feelings too, you murderer.
vegans get killed for being vegan ?
i do not hate all countries, mostly just the usa. that's what happens when you have to leave your home country as a kid and grow up in a foreign one because the usa bombed your home. and hating the usa obviously does not mean that my home country, the country that i grew up in or the country that i live in now are good or that i like what they are doing. they're all far better than the usa though, but that is not a very high bar to reach.
that’s the thing right, they don’t care because they know that come elections, they can just play people’s emotions to get those votes by selling imaginary threats and posing themselves as the solution.
because he betrayed australia as well
you don’t make settlements on an espionage case which is where you see massive numbers being paid out. tom mesereau who is literally the goat at beating big cases is one of if not the most expensive criminal defense you can get. even at his rates you’d need him for a ridiculously long time to burn through 20m+ and end of the day like i originally stated money does not help cases like these. it’s not a murder case or fraud, you’ve literally gone against the country who controls the entire case
i truly hope the worst for them
to the boiler room of hell. all the way down
yeah, probably alongside rapists like…erm… >!julian assange!<
there’s a punishment for such scammers in our mythology called “kumbipakam”
even though the title of this post was so staunchly looking to put assange in a positive light.
are you being downvoted by ada fans because their "high gas, eth bad" narrative is quickly fading?
well the fact that they could very well take all the money makes it relevant as you specifically suggested them.
regardless of what these people are protesting, the fact that the government can just pressure a company to revoke citizens collective funds is a major problem. what is trump becomes president again and decides to pressure gofundme to revoke protesters on indigenous lands or blm protestors? the government shouldn’t have that kind of power, it leads to authoritarianism.
but the money didn’t get to its destination. i was simply stating it isn’t guaranteed if someone thisagrees with what they consider “crap”.
lol you’re an idiot maybe do some research instead of talking out of your ass if you get this worked up over reddit
did you seriously just say that helping trump get elected is worse than raping a girl? (to head off possible replies, i do not know whether the allegations are true. nor do i like trump)
>mueller witness, also under investigation, says a phone call happened >no physical proof of any kind. no phone records >article in bezos weekly well, i'm convinced.
ah yes his lawyers said when the girl testified in court herself of what happened you scumbags are more concerned about scamming people into these shitcoins than actually reading the transcript from the court proceedings lol. government bootlickers lol at least i’m not tucking my nose up some assholes assholes like you are dumbass. he was literally in an embassy for a decade demanding shit from the workers like he’s royalty shitting on the floor and getting piss drunk. horrible conditions my ass. i’d rather stick to reality and facts than succumb to some selfish self righteous dumbass and dipshits like yourself who dive tongue first to lick their taints because your dumbass brain can’t comprehend context and issue beyond scratching your balls and smelling your fingers.
yeah that’s what i said….
i agree it ain’t clear but enough
i'm always amazed at how often we find ourselves re-learning the lessons of early 20th century now in the early 21st century.
whoah there that is a spicy molten take. it's almost like for the crypto space to have matured to this point and gotten "mainstream acceptance" its had to adapt and be more open to scrutiny and regulation. for all the people saying no regulation, i wonder if they were around for mt gox or just look around us at the billions stolen through rugpulls and abject scams. for the space to mature further, bear markets, light regulation and extinction of shitcoins are necessary.
there aren’t many like him. he will remain anonymous forever yet always famous.
every whistleblower ever has entered the chat
american allies are just as bad as america.
who said anything about settlements? legal fees can reach up to 1.5k an hour. giuliani reportedly dumped 20k a day only in legal fees. in cases like this, specially because they go on forever and require legal firms with many people involved, millions run out quickly. also, i didn’t say he actually needs the 20m. i just pointed that you’re wrong when stating that “money doesn’t help” as it not only helps but it’s necessary. the fact that he got (allegedly, on top of everything) 20m is 1. not related to the statement i’m addressing and 2. quite inevitable... it’s not like people were told “plz deposit 20m”, people were donating without knowing how much it would amount at the end. he could’ve ended with a thousand bucks or 2billion and your statement would still be false.
may they step on legos every time they want to go to the bathroom.
what frightened me is seeing how many of my friends and celebrities are doing this. on purpose. he straight up said it is a ponzi and he is cashing out early to take every stupid person's money.
idk lol but i hold both ada and eth - staked and unstaked.
lmao damn why you angry? i was saying there are other ways to give money to assange outside of creating an nft and then i listed reasons why they may have chosen to use an nft instead. you really just looking for someone to argue with? also hasn’t gofundme already said they’re going to refund the donations? lmfao, so your whole point is just wrong regardless and you just want to argue simply because you dont like that i mentioned them in an offhand comment
what the fuck are you talking about? gofundme cannot be used by nation states to transfer money to insurgents lol. the money was going to go to people pissing on the war memorial, pissing on the tomb of the unknown soldier, attacking women and sporting swastikas and literal nazi flags. they refunded all the money because the fundraiser was more than questionable. but you do you. that’s not what gofundme is for, they refunded the money back to the racist instigators. i fucking live here’s it’s been hell, these fucking rednecks have taken our city hostage you’re literally being a little bitch edit: these bad actors are literally conning you. you think a women who has been known to wear a maga hat in canada really has canadians best interest? what a joke. these people are grifters and it’s obvious anyone who’s defending them doesn’t even live here
they literally refunded the entire gofundme. i’m not talking shit idiot, i live here where the protest is happening. you just another crypto nazi supporter of these thugs?
this money should goto chelsea manning, our government fervently fucked her literally and figuratively.
the facts of the cases matter. he had consensual sex and was accused of removing a condom. assange is a piece of shit, but conspiring with criminals to subvert democracy is worse in this case yes.
it makes the overall picture worse, even if it is infinitesimal. like tears in a stream or something.
trumps "leadership" has caused the deaths of many, so yes it is worse
lol, put down the flask and go to sleep mate
lol, i realize reading is hard, but really try your best here. it's barely 4th grade material. it is not "his lawyers said"; it is "the girl's own text messages said." those text messages were passed to his lawyers as part of police records. assange does not deserve the treatment he is getting at all. it is all retribution for his actions at wikileaks, which did more for the public than whiny bootlickers like you ever could. you are not a good person, do not ever convince yourself otherwise
he does make the best rice
or anyone who thissents for that matter.
your comment literally said he needs millions for legal fees, now you’re saying he doesn’t. but i get what you’re saying. and it is possible, but my point from the beginning is moreso towards the donations which is this is just not going to be a beatable case no matter what exorbitant lawyer fees he acquires so why give all this money just to be burnt? i definitely feel for the guy but at the same time he’s bragged about making 50,000% return on his btc so i think he can manage spending what he feels is legitimately worth it
i hope there’s always snow in their driveways
may their cocaine be crushed mentos.
wife says to husband, "you will never know the pain of childbirth" husband replies, "you obviously never stepped on a lego"
angry? i’m not angry. not arguing either. so sensitive.
you are a pleasant person and act just like those you describe. hmmmm
mmmmm liberal tears. 🤣
snowden and manning are patriots. assange is a self-righteous russian asset.
no, as a former intel professional, manning was a turd who had her own selfish agenda. she was not treated appropriately, i agree, but her response absolutely was bullshit. at least she did not flee to the most oppressive countries in the world after claiming it was done out of thisgust for rights abuses like snowden did.
from that article: >assange had penetrated her without a condom while she was sleeping.
dioshit who reported the event between two people to the police… loool such a dumbass take.
lol whatever you racist piece of shit. blocked “they said bad words to me on the internet after being sick of our shit. so muh white nationalism and nazi shit is fair and square, forget the fact we literally fought two world wars to stop this shit” that’s you. you fucking muppet
literally anyone who says that is a fucking loser through and through. but you do you, you probably don’t even fucking life here lol
so true. anecdotal, but back in the day, i did street art and one of the wheat paste posters i put up everywhere in la was a (at the time) brandley manning piece advocating for their release. i got a nice note from someone within his family, they were kind and appreciated the sentiment. i also posted up a few bildeberg related pastes with the president standing in the palm of a (powers that be) hand. i guess this warranted some coverage from assange and wikileaks. now, i don’t believe those schizos talking about being “targeted individuals,” but for fucks sake, myself and another artist (who got my piece in front of the wikileaks curators) both experienced shit that made us quit street art immediately. clicks during calls, ping and latency issues on the web, and the random things like a security guard exiting my car when i come back from the store. it was a 7 series bmw, not something that could be jimmied easily. he ran off full speed, leaving the door ajar and the cabin light on. i had at least 5 car break ins with nothing stolen. pulled over by cops while placing up art — sat in the car for an hour while they did something in my trunk. they let me go and gave me back my art, no arrest and told me to do my art during the day. this was right when michael hastings mysteriously drove his car into a tree blocks away from my home. he told his mother about feeling something off about the situation and wound up going 120 on a busy street in la (press x to doubt). the stark contrast between doing something revolving chelsea manning and then something assange could get his hands on was night and day. i can only imagine the things we don’t know about this man.
he is australian, and again. australia here, we would like to apologise for rupert murdoch and now julian assange...
she only went to the police to try to get assange to take an std test. she did not want to press any kind of rape charge. you are out of your mind, here shilling for the military industrial complex. free assange.
may ever sock they jacket with have a hole in the tip and have athletes foot.
have a nice day too
how did you come to the conclusion this person is a racist piece of shit?
ah yes because being against a dipshit who shits on the floor of a foreign embassy and makes demands like he’s a king and goes around fucking women without their consent means you’re shilling for the military industrial complex…. jesus kid go off the internet and stick to teen titans cartoons.
[misleading title, a response on the topic](
this isn’t just “a hacker” it’s fucking saurik. the father of ios jailbreaking.
tldr; software engineer jay freeman thiscovered a bug in optimism's code that allowed it to effectively mint unlimited ether. he reported the issue to optimism’s dev team, who paid him a -million bug bounty. freeman suggested it could wreak havoc across the wider crypto ecosystem. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
look at how the bitfinex couple were living after stealing .5 billion. i'd take the legal money all day 👌
it's l2. 'hackers printing fake ether is bad for real ether freeman thiscovered a glitch in a section of optimism’s code which forces smart contracts to delete themselves and return related ether to the sender. '
he didn’t because he’s an ethical hacker.
wildly irresponsible title. hacking **optimism** and printing **proxy tokens** people chose to expose themselves to on a separate layer =/= hacking **ethereum** ffs same as saying that someone who hacked into visa "found an infinite exploit in the us dollar itself"
some things to clarify: he couldn’t print unlimited ether. he could only ‘print’ however much optimism had in their contract. he didn’t try to steal it and then accept the bounty instead. there are platforms where web3 projects list their bounty rewards, their source code and the rules that you must follow, and everyone is welcome to find bugs and get rewarded.
no they could not. it was an exploit on optimism, they could have withdrawn however much eth was in the optimism contract.
2 million lets me live the rest of my days comfortably. now i just need to find a significant bug.
tbh i would do the same. its better to sleep safe and sounds
hacker chose the better choice imo...
“hacker” is jay freeman aka saurik of iphone jailbreak .
fixed: “hacker could’ve printed unlimited ‘ether’ and put into countless yet monitored wallets and never get to spend a penny but chose .”
better to have legal money, than illegal money you can’t do anything with
as it’s already been said he couldn’t have “printed” anything. at most he could have grabbed the eth from the transactions on that layer
this actually gives me some hope that not everyone out there is a bastard coated bastard with bastard filling.
ethereum's layer-2 solution, optimism, has fixed a major flaw that would have allowed an illegal and continuous creation of eth tokens.optimism rewarded the whitehat hacker jay freeman, an amount of , the highest bounty ever recorded.
ah the fud about ethereum. it’s a bug in optimism’s code and could withdraw whatever was in optimism. not ethereum. better luck next time
peace of mind, baby
saurik created cydia and got me interested in tinkering with software at an early age. for that i am forever grateful.
tldr: white hat hacker and ios cydia jailbreak software developer has earned a reward of (roughly rs. 15 crore) after fixing a "critical bug" in ethereum layer 2 scaling project optimism which could have allowed hackers to create as much ether in an optimism account balance as they wanted.
the hacker is jay freeman (saurik), who is the creator of cydia, which is used for installing tweaks. he's something like the father of the jailbreak, all users of jailbroken ios devices know him, and that behavior is expected imo.
, or unlimited cash and be on the run from everyone you just bankrupted. pretty easy choice, really.
total whitehat! way to go. and you're still a millionaire but legally. great story.
it's actions like these that preserve the crypto community and those who are here who believe in the principles of it rather than "get rich quickly "...
2m vs committing a crime and being on the hunt forever. pretty easy choice seems like.
did they choose the bounty because with blockchain all that magic ether would be traced and probably burnt?
title is wrong. they could not print unlimited ether but they could take as much as available on optimism.
saurik i love you holy shit another monumental w for this man
does this make him a white hat?
these types of hackers are called white hat hackers. it’s not like he was like “gee! i wonder what to do with this exploit?!! i guess i better do the right thing…”. he went into this as a white hat fully expecting to report any flaws transparently. it was not an ethical dilemma. shit headline.
whitehat hackers so hot right now
unlimited eth doesn’t sound like a bargain if it causes the price to collapse. 2mil guaranteed is a bargain however.
not really. he could have printed unlimited vouchers for ether, but they would have become worthless pretty quickly as optimism would have collapsed. no real eth created out of thin air.
it’s amazing to know these hackers have such a high moral standard
the title is misleading to get views. he’s a white hat hacker. they’re different from black hats like the ones involved in the wormhole solana bridge exploit. this post is a nothing burger.
exploit the platform, platform dies, exploit no longer has value.
lol what an idiot
take the bounty reward or get a bounty put on you eh?
this guy just isn’t some hacker. he’s the god of the . much respect to jay freeman
opting for legitimate cash over illicit imaginary money isn’t a hard choice.
a hacker figuring out how to do this will always remind me that i’ll always be really stupid in comparison to a small percentage of the population.
definitely the better choice. . still, very good work from the hacker. we need more people like him.
- 2m is better than prison if you ask me
good hackers really make our society better !
and everyone is happy.
**not all hackers wear capes!**
uhm correct me if i'm wrong but how would a bug in a l2 allow to 'print' 'unlimited' ether? at best you could release all the ether from the l2 contract, which is a simple contract bug and nothing more. only eth miners can 'print' new eth. the article and this thread reads as there would be a bug thiscovered in ethereums source. but that is not the case.
the fact that this is possible at all is pretty frightening.
honestly this is very bearish the market would have been nuked if he was not a white hat...
because that’s what heros do but surprised to know there’re such thisasterous bugs in something as big as ethereum
\[enter\] glittering prizes \[enter\]
how do they know he didnt print "some" before reporting the bug?
the hero we don’t deserve
fortune favors the brave ( white hat hacker).
yeah but that "unlimited eth" source can be tracked and monitored upon. he'd have a hard time cashing out. nonetheless he is the type of hackers we need more here. kudos
hacker just wasn’t very good at math.
probably because he understands how the blockchain works.
no hacker chose .
more organizations should do this with big bounties. if the public knows you pay well then more and more hackers will take advantage of it.
yes, hard to spend with while in jail.
legal 2m is waaaaaaay better than living in fear
legal money is always better than illegal money that you cannot cash out. at least you will sleep in peace.
he works down the street from me for the last 10+ years! he published a paper and announced it via a facebook post. [he'll be talking at ethdenver]( on 2, if you wanted to tune in.
any other project would have been called shitcoin for such an exploit but with ethereum this is magically something good...
the fact that there are "free money" glitches still in the system is a sure sign that crypto is not ready to handle the trillions in assets that it has. this should be significantly more terrifying than it seems to be.
'eth is ultra sound money' 😂
it's kinda amusing and sad at the same time that we are praising someone for not stealing.
hahaha and people still say eth is superior to bitcoin
ethereum is trash. i bet there are many other exploits out there that some people dont know exists and others do.
😂 if he “printed” unlimited ether it would affectively make itself worthless. also little vitalik would be like “hey guys would you please stop trading” to the exchanges so he could fork. eth is broken. btc is king
hmmmmm life on the run or 2 million dollars.
all hackers not wear capes
easy choice, would have done the same and then stake it on ether.
that's such a stupid undertone, like haha stupid whitehat, could have been rich. he's rich now, probably saved his fav projekt from going to zero, increased his reputation as a white hat, did the right thing, kept his morals straight and got recognized as the smart individual, that found something noone else saw. belive me or not but happiness from money is capped at 5k€ a month (adjust sum for your own country) but being recognized for something you have done that made a change is invaluable.
2 million does seem better than prison.
sound like a good deal for both.
i assume he is a white hat hacker.
my respect kind human
unlimited anything will destroy the price and the utility of the said item. just look at the dollar.
i’m confused i thought crypto was secure for the reason you couldn’t just copy paste a coin. how would this have impacted ether itself and not just coinbase?
a man must have a code for real
hackers are the ones making real money lol
2m pay cheques are not bad
the hacker was a good guy, not a villain.
thank you saurik, the hero we deserve
it's almost like real money is easier to deal with than fake money lol
amazing. more white knights please.
chose the route of good karma
, especially if you do not have to watch out getting cought all the time
it reminds me of the palpatine meme: unlimited ether!!!
if you've already got some ether bags, and you do not want eth to drop to , you're not gonna mint a bunch for yourself because it would lower the value of the eth you already have. saurik made the obviously correct choice, got rewarded. all in a day's work.
the hackers we need
haha love the title of this ... that’s because he’s still in business this way
how do we know they did not do both?
part of the thing when you're invested in a network, say he is holding eth, is to participate in making the platform better. the theory is you're more economically motivated to fix the network than exploit it because that'll weaken your economic position.
crypto is turning bad guys into good guys! thats how amazing it is!
i’d take the legal money in a heartbeat. i couldn’t sleep at night knowing millions of people want to track me down. .
and deserves every penny of it.
that is why the bug bounty is .
he could have printed a little and keep it secret. who knows.
oh god, it is not some random hacker, it is legend saurik
also consider that actively exploiting something like this would bring the price to zero. it's not worth doing and incentivizes reporting it instead.
i would have to think long and hard about that choice. i’d like to say that i’d just take the bounty, not sure….probably look up a lot of expat info on a public computer somewhere first lol.
the fed chose to print unlimited millions, they should take a note from this guy.
next movie on netflix
thats because unlimited ether is useless.
i thought all of this was “unhackable” 🤔 how do y’all keep your money safe then? sn: im an infant when it comes to crypto so take it easy on me pls 😅
listen up coinbase. do the same for [tree of alpha](
lets see. criminal action where you might not be able to spend your ill gotten gains, or life changing money that you can freely spend or invest? re: the bitfinex dummy couple
not just a hacker, saurik ! creator of cydia for those who knows !
how often do we have to hear this old news now with different titles in this sub?
so happy to hear they got a proper reward. ,000 or even ,000 for something that big just feels insulting.
what exactly was happening with that exploit?
printing infinite ether would result in .
to some people its not just about money, its about being known and having a legacy...
would you rather have a deep dark secret you must keep forever and evade capture? or how about an easy legal ?
but could have he rugged eth if chosen the dark side option?
power of “open source”. this is why project with closed source is a risk even with private audit.
> … i bet he didn’t ask for that in eth. he’d only have about ! lol
it's not as much, but it is honest work...
this was the wise and ethical choice, they could have killed off crypto. they took one for the team :)
the white hates are saving us all!
this would have crashed the entire crypto space had he printed and moved it
maybe a white hat hacker?
wow, what does this mean for crypto with some hacker can just spawn it?
appreciate the honest work 👨‍🌾
very grateful for that person.
is this not a metaphor for crypto in general? a person intimately familiar with crypto would prefer to be moderately wealthy in fiat instead of having unlimited amounts of a cryptocurrency.
i do not know why he chose to do this
and he did it without a minute to spare as netflix is going to be raising rates again soon. this guy has a solid eye on his financial future.
what worries me, is the existence of similar bugs in all exchanges...
i do really love how the supposedly great technology behind crypto just doesn’t fucking work
optimism was this close to being pessimism
at current prices that’s about 680ish eth. do we think he would have been caught before then? if so,regardless of legality, he’s probably coming out on top with the bounty
"hacker"... it is straight up the dude who made cydia lmao
to be fair, it’s a smart move.
awesome. i wonder if left uncheck would it cause the whole crypto market to collapse.
probably didn’t want to pay those gas fees
we live in a society.
couldn't he legally ask for a lot more for the bug bounty instead?
could have taken out put options, crashed the market and cashed in
how to get rich very quick without any problem
haha! as a jailbreaker from the beginning - so cool to see saurik make a killing. dude is a certified genius and has done so much for the online community. the fact that he did not just exploit tf outta this speaks to his character.
not all heroes wear capes but also a smart life decision. kudos
2m isn’t bad for a day’s work
this is worth making a movie over.
i would have done the same thing
this does not make sense. optimism does not have the ability to create eth out of thin air.
i skimmed the article, i think he could have printed wrapped eth, which really just means the token of that small layer 2 project. my honest opinion is the .
were talking about the guy who jailbroke apple and gave it away for free hes not in it for the money... tho its a nice bonus
how can eth still have the price it does after this news?
what a nice guy.
reposted the repost the repost
honestly should have been given a bigger reward
its better to chose something small and be happy and at peace, rather than panicking and looking over shoulders all the time. wise decision!
printing unlimited either is stupid anyway, it devalues the currency
so a layer 2 smart contract had a bug in it and was exploitable. nothing to do with l1 ethereum.
all these stories about lost wallets, forgotten passcodes, hacks, rug pull scams, not to mention the general volatility and possible bubble... are we still sure crypto is the currency of the future?
i could be remembering wrong but i think i learnt in college there is a difference between a hacker and a cracker. forgot what the difference was but people in general misuse those words.
i guess solana am not that bad after all...
most hackers will prioritize self preservation over monetary gain.
me: is there a free gas 4 life option?
living with your conscious, priceless
r‘s very own u!!
gandalf the gray? no longer, i am the white wizard.
now that’s a dilemma 🧐
just like finding one mouse hole, usually means there is always 5 to 7 more.
that’s all and nice what he did, although i wouldn’t celebrate it as moral decision, might be purely rational one also, still a good dude. nonetheless, most of the eth, sol etc l2 stuff seems like pile of hackable trash
this person should be hired to help build eth2.0
legally make 2 million... of course that would be the only way rather than risk going to prison easy decision
most companies do not pay anywhere near that wich is why there are much less white hats than there should be...
this is actually good news
gawsh wish i was a hacker these days goodness
so you mean to tell me this man literally had the power to crash the fucking crypto market and didn’t??? great restraint
i wish they printed unlimited ethereum and crashed the market
this guy obviously does not need money
well that was stupid
obvious and smart decision taken by the hacker. why get in hot water when you can simply earn a cool 2mill no consequences.
benefits the whole crypto community as a whole
it just shows how unstable the crypto market could become if it goes mainstream. one big bug, and then the next great depression
hacker foud two bugs, reported one for 2m reward, kept the other one for the darker days.
a bird in the hand
he could of easily done both. obviously you wouldn't admit to "printing ether" there is ways to anonymously do it and i'm sure an experienced hacker would have no issues doing it.
okay what would actually happen if he chose evil? are there safeguards in place to stop this before markets are completely destroyed? seems like we have some serious issues if we just got lucky this guy caught that.
should have not taken the money, & kill it off.
*”jay freeman could’ve printed unlimited ‘ether’ but chose ”* there, fixed it.
if they printed unlimited ether, they get nothing, because they would devaule ether as a currency. > . plus you do not have people hating you for making their crypto worthless.
if we have another dao repeat ether is just gonna get forked again and "unlimited ether" was gonna be worthless.
he knows how hard it will be to clean that eth 😅
on a public perception level, crypto just keeps looking worse and worse.
if he did that, the entire crypto space would have even more bad press. if you expect to make crypto mainstream, you should help strengthen its use, and find ways to prevent abuse. and on top of that, a legal .
saurik is a legend on the scene since long time... thanks for sharing this.
financial freedom still achieved, hacker respects the cryptospace
he doesn’t have to launder the .
i wonder what more bugs are out there that would pull the cryptos down!!
at least he did not have to launder the money.
smart person. looking over your shoulder the rest of your life sounds kind of contrary to financial freedom.
seems like a hacker with a good 💓 all projects should hire such hackers, and pay them handsomly to help make quality improvements to the blockchain. companies & projects must look at the aptitude and not degrees, before hiring. they might just do themselves a billion $.
pfff that he would admit to.
i think i might have chosen the eth but good for him for picking the bounty without having to constantly keep an eye on the crypto markets
cause that is what heroes do
crypto a risky sham you say?
unlimited eth **but**: \- maybe someone will beat you to it \- the value of the l2 eths will go to 0 the moment he swaps the first few \- you will need to worry about laundering and getting actual hold of the funds \- risks of making a mistake at every step of the way \- risks of the bug being found and fixed until you'd be able to do it etc. compared to ? worth it.
good for that person!
bug bounty programs are one of the best thing happened in cyber security field.
how to convert black hat to white hat with ease 👌
“these hacks are known as overflow bugs” no they’re not…
nice! with that money, he could buy more crypto :d
seeing this all over the news. hats off to the white hat hacker
whitehat we love you
he knows eth will be worthless in a year or two.
that’s called hack, send to cold wallet, and sit in peace for a few years, then start spending a bit here, a bit there, and thisappear into the wild.
so much for "ultrasound money", right?... right?
because eth is dead anyway... but the dead horse ***still pays for medical service.***
can someone explain to me how an insanely glaring flaw like someone being able to *print unlimited currency* doesn’t entirely debunk crypto as a viable replacement to currencies like cash? you cannot have possibilities like this in a stable market, much less one as volatile as crypto. i genuinely don’t understand how stories like this don’t kill crypto entirely.
lmao imagine thinking he would go to prison
should have went robin hood instead but eh. would have been simple to print small amounts and give it away to people who need it, likely undetected. but yeah, even if it was reported, really goes to show how delicate crypto can potentially be. what happens when the next guy does not take the 2 million?
what am i reading...?! this sounds theres no difference from fiat money anymore. damn man i'm way too deep invested compared to the small amount of "staying in the loop". shit is overwhelming on information.
after he printed 20 million
reminds me of the inflation bug in bitcoin. difference being, ether is not deflationary.
ok i'm confused, is not crypto supposed to be "immune" to these things?
unlimited ethereum...lol isnt it already mutable?
bug vs. money printing button eth is terrible.
what excuses are eth maxis going to give? a "bug" like that even being possible should cause people some real concern should it not? was this a exploit of the network or an exchange?
eth is such a trash network. it is only hedgefunds that benefit from a no use coin
an infinite money glitch in ethereum would have crashed the price all the way to the floor and would have been thiscovered literally instantly. likely before he would have a chance to unload his bags. maybe he was not smart, he just was not a dumbass.
this is exactly why you have to have some healthy hesitancy and skepticism with crypto. it's not some magically perfectly safe system that is impervious to hacks. it is a clever security system, but it is simply a *different* way to do banking security, it is not inherently better or worse, only time will tell with revealing that.
hearing this is affecting my confidence in crypto. what if he had decided to mint ether? i'm assuming there would be a crash. what are the odds of this happening again? what other "holes" are there? i just cannot imagine all the confidence i have towards crypto getting completely shattered if everything went to zero.
fr this guy could have been a new age mansa musa and completely crash an entire currency and economy single handedly, damn that would've been cool. 2mil pay check is fine too i guess 🤷‍♂️
ehh i feel like he was an idiot. tell thousands how to do this and crash the entire system. then watch the shitshow unfold lol. just shows how unreliable crypto is compared to standard cash. there will always be glitches and exploits.
😂 so crypto is so secure??
lol, see, your "for the people" pretend value money is literally as strong as one educated guy's benevolence.
2m is not bad to be honest. it is m we are talking here. not k.
dude single handedly could have crashed eth
how is there a bug like that in the first place? thats one of the worst things to happen to ethereum if that wouldve been exploited.
i hope he invested that money in eth :')
would this have been making eth out of nothing or would it be more like sucking up all the liquidity on optimism?
if i steal from scam coins is it really considered stealing ?
is it illegal to mint infinite eth? i can understand stealing eth being illegal, but not minting it.
the whole crypto sector is criminally insane
does anyone else find it weird that in a trustless system like crypto, we're still supposed to trust white hats to not tank our investments with exploits?
wow, i have not heard that name in so long. i remember downloading cydia on my devices over a decade ago.
i’m so glad to see him making all this money, his work helped me out so much back in the day
oh the legend himself? well deserved
that name brings me back.
absolute legend. thank you saurik, you made me like ' iphones in highschool <3
he lost weight and cleaned up nicely as well.
well goddamn. was on cydia for years. dude was already pretty well off i'd imagine.
i owe this motherfucker wow. he's good
*dark souls boss music intensifies*
ahh shit im drunk right now and that name really gave me nostalgia
oh wow, that’s fuckin’ awesome. cydia was my shiiiit.
just commenting to say holy fuck i cannot believe i forgot about this person. i was rocking jail broken iphones and rooted android phones with cyogenmod way back in the day. good catch.
been a long time since i heard that name! i used to be a fairly well known developer of themes on cydia and would occasionally have to correspond with saurik, he was a pretty standup guy. good for him collecting the bounty, judging by the cydia traffic i got he must have been doing pretty well even all the way back in 2009.
i think they hire him a while ago.
wasn’t it george hotz?
jesus this took me back a decade. what a dude!
wen jailbrek ois 69
so glad he’s getting the recognition he deserves :)
holy shit. good for him!
jailbreaking was literally the reason why i bought an iphone 4 instead of an android. back then ios had a much better catalog of apps and the jailbreak basically made them all free ...
never heard of his name till now
holy shit 😂 dang thanks to that dude i had the most pimpin iphone 1 ever i still use his cydia to this day
moons are in your future
yeah, i was offended by title too.
haven’t seen that name for so long
saurik?? [now, that is a name i've not heard in a long time. ](
yeah wtf i saw that name and was like wtf why am not that in the title, would have clicked it faster.
for me it does not matter how good the hacker is, it is the fact that ether got cracked. how can anyone put money into this crypto? i still trust bitcoin.
legal is always superior choice over illegal. hacker took a wise decision. kudos.
and a free conscience, gladly they rewarded him properly
i'll not hack them for ,000. promise.
i would even say if he “printed” eth then it would drive the price into the floor, i agree - the 2m is the safest choice here and he will probably make a lot more in the space
i'll take that over a potential felony any day
yes, i could buy several decent houses near the beach where i live and retire on the vacation rental income, plus long term crypto, if i stayed middle class plus a couple of toys. i do not need no stinking rolex to be happy. i need surfboards and motorcycles and my family to be happy.
the bounty has to exceed the risk and potential gain. if the bug bounty was ,000 the outcome would've been different.
yeah! legal money allows you to sleep peacefully at night.
they can actually spend it instead of on the run constantly. it’s a no brainer decision to me.
if we printed unlimited eth it would all be worthless anyway
i would go for that
it’s not even that. that exploit would crash confidence in eth. it would be worthless.
yup. it was a wise decision.
not only that, imagine the curriculum.
yeah, he wouldnt make much if he had unlimited because the price would go down so much unless he sold it super slowly
came here to say this. probably wont be their last win either.
exactly, 2m is enough to make it work for you and earn even more i would say.
still, lots of respect for this guy. would be really tempting for a lot of people; myself included.
yeah, people underestimate that money laundering is not actually that easy as movies seem to portray. he's got 2m. happy days.
hopefully, the hacker did thisclose everything they found... it's not outside the realm of possibility to give the partial solution only to subvert that on later on date. it's very rare and it is bordering on paranoia for that to happen. but at least the hacker is a millionaire for thiscovering this critical bug, that much money given to him is a relatively small price to pay. again, let us just hope that is enough for now.
i wouldn't mind to look over my shoulder for
now i know i took the wrong subject to major. coding should have been it.
especially because research shows happiness from money start to diminish fast after 100k usd a year, and you can easily make 100k usd a year off of 2m usd.
i love this comment because its so true the feds wouldve made him have a "accident "
would’ve been very difficult to overlook an audit on someone with that kind of money assuming they convert a majority of it
unlimited ether. well, for starters, you could buy new shoulders. and new eyes. you could buy a new person to be you to look over your own shoulders for you. i bet some whale out there somewhere tips this guy. i would. it's crazy how there are people that basically only do everything in crypto now. only a few. but, it looks weird to me when people are handling cash. especially coins. i bet we're gonna get smart coins in the future. i do not even know what that means.
its a fair price and sets the stage for other researchers to responsibly thisclose.
i was thinking precisely the same thing. even if you’re not a particularly good person, taking a multi million dollar prize, rather than than breaking the law and having to go through all the hoops of trying to get away with it (and even then probably failing and losing all you stole) sounds like a waaaay smarter option imo.
only if it was paid in btc lol
it’s a real life sophie’s choice.
sounds like a healthy retirement
if you do it correctly, you wont have to
also with a find like that you are basically set for life for a job as you have legendary status
also would have rendered the eth worthless
also how do justify your billions to the bank ?
i bet he is got some good job offers lined up now too
is it even illegal?
if we're truly honest with ourselves we do not need a lot of money. i can get buy on £1500 a month and be happy. that would last me a very long time.
i would have asked for more. that one person who hacked the cross-bridge got ?
yes , plus the prestige that comes with it, is the way to go. imagine putting this on your resume.
why not do both?
especially when you might already be heavily invested. that's my guess. someone actually likes what they could have destroyed
eth to monero back to eth. create an nft collection... get "random" air drops... sell your collection to yourself for millions. seems to be the standard practice now'n days...
yupp. add to that the devaluation that would be caused by unlimited printing \*cough dollar\*
2m is enough for a lot of people too
jay freeman, take a look at this [ cc. u
agreed. i’d take an honest .
he wouldn’t have been able to use it just like that btc couple. blockchain is there for all to see.
definitely choosing the legal route if i was him
hacker was saurik, developer of the iphone jailbreak. 🤘🏼 (jay freeman)
now imagine if this guy worked at a hedge fund ? he’d get promoted and would be a rising star in defi. like someone else said , financial rules only apply to poor people
2m, he should definitely look for more next time. that'll barely get you a house a car and a dog nowadays
yep, other scenario could be like, steals 100m, fails to withdraw from system anonymously. ends up with nothing wishing you took the bounty
agreed. it's more than enough to comfortably retire early on, so long as you're financially responsible.
why would he have to look over his shoulder if he used the bug?
it’s because he knows eth would just fork again and rollback the hack just like they’ve done before, once again proving that crypto isn’t decentralized at all.
wait why is it illegal for them to have more though. i get it if it’s a rug pull or whatever but what would they have done wrong
that how it is should work
well maybe just a little printing doesn’t hurt anyone, my precious.
jay freeman? the guy behind cydia on jailbroken ios? love to see him making bank, was a fucking legend back in the day.
why would we do without this bot.
bot doin' gods work. good bot.
> freeman suggested it could wreak havoc across the wider crypto ecosystem. really? infinite inflation would be _bad_?
funny how they were offered ’t take the deal. probably worst mistake of the year
yeah! legal money always lets you sleep peacefully at night
see that was their mistake though. trying to live low key (sorta) under a huge payday - one of such a size that you could actually influence law locally in various parts of the world and such. they went bad, but messed up by not going all bad hah. i'd take the legal money all day too - but the second you jack 4 billion, it is time to put it to work to make sure you're gonna get to enjoy some of it.
legal money is always better than money you can’t cash out
exactly, very wise choice. also .
couldn’t they have done an atomic swap for monero for christ’s sake…
they forgot to do the whole boating accident thing
since no one else has said holup here, razzlekhan and husband are not charged with stealing from bitfinex. they are only being accused of attempting to launder the funds gained from that hack, it is not even being suggested that they stole from the actual bitfinex hackers.
others will learn from it though. there will massive crypto theft for the foreseeable future.
damn, you guys keep confusing "legal" with "legitimate". there's no law being broken with this. this is the unregulated parathise you all wanted. when this sort of shit happens, it is not illegal. i've been looking through all the times people called this shit out and asked how it would be illegal and it is been total crickets. it's not illegal. jesus, you guys cannot have this unregulated wonderland and have the perks of being regulated and government controlled at the same time.
'' optimism’s “selfdestruct” function returned crypto to the sender but kept their related off-chain ether ious. this could be exploited to trick smart contracts into looping through the glitch — thus minting infinite “layer 2” crypto. the ether created by the bug was counterfeit but freeman suggested it could wreak havoc across the wider crypto ecosystem.''
man looks like l2s having as much security as l1 is a big fat lie. who knew.
it's kinda scary how a single bug can fuck everything up
john, you were always good with puns
link? i apparently need a new hobby.
yeah it is a shit clickbait title. if someone found a way to do that on layer one it would be catastrophic. it's a huge difference.
try your local rainforest
username and flair both checks out!
i have bugs, do not know if those work though
you 50 years old already? inflation got a rough lesson to teach ya lol
*inflation enters the chat*
yeah! legal money >>>>
i would rather settle down for .
people acting like it is "only" 2 millions, i mean 2 millions is fucking love mate
yeah, but if you had found the same bug, your reward would've been a coupon to burger king.
i would do the same cause i hold crypto
i wish i learnt how to hack than finding the singles near my area
the thing is how scary is this to know something as big as eth has bugs like this that could cause a total thisaster
to be fair it is harder to make more money going black hat way
yeah so weird to hear him called "hacker." anyone who's ever jailbroken an iphone should know this guy's name.
i thought his name sounded familiar.
are there even any laws regarding minting eth? i'm not sure if that money would have been illegal.
yeah! completely agree on this.
it was an exploit on optimism, they could have withdrawn however much eth was in the optimism contract.
would you mind explaining why you won’t be able to spend “illegal” money? i thought crypto was untraceable?
it crowd reference ?
polygon also paid around .
recognizing his efforts and ethics for reporting a massive bug, props to the whitehat hacker
>not ethereum. did you miss the part where eth is becoming rollup centric? very few can afford to use eth l1, so everyone is supposed to jump on these l2s
the contract can get infinitely refilled by l1 so in effect he was hacking l1
i heard gandalf had to wear sunglasses in his presence.
yeah! i think so. he did not exploited the bug to his own advantage but instead reported it and got it fixed.
in addition to that he could not print unlimited ether.
yeah! hearing alot of stuff right now for the same. just read a post about a whitehat hacker helped coinbase.
well the thing is, that the title is pure clickbait, an attacker could not have printed any eth at all. it was "just" a smart contract bug, so the maximum thinkable amount an attacker could have extracted would be the contract's balance.
and you know it is all legal money which you can use however you like, that is like x300 better
he could have printed 1000 eth and then reported a bug and laid low
it is, though it was on optimism so it only put the eth in the optimism contract at risk, main net was fine
not at all. the title is pure clickbait. it was a bug in a bigger smart contract, but nothing systematic in ethereum.
it was a bug in optimism not ethereum itself
don't worry, it is just clickbait. printing eth was not possible at all. due to a bug in a layer 2 smart contract it is balance could have been extracted, but there was no bug in ethereum itself.
this guy was already a hero many times over for developing cydia. now he is like a superhero.
because it’s a public blockchain…
notice how it’s ‘ether’ and not ether? there’s a reason for that. but you didn’t bother to read the article.
he spend his own time to find and report the bug. it’s like saying doctors get paid for not killing people.
remember when that guy minted 180 million bitcoin?
did you read and not understand the article or you did not read article? i'll take a yes
it's all about timing. if the dude went slow with it, it would have been a while before people picked up on it. most currency we deal in is faith based. hell, i've been saying that the usd is of zero value, but that does not stop people from using it, getting paid in it, and getting taxed in it.
yes… saurik is a hacker
well, better read beyond a clickbait title. spoiler: the title is pure fud.
because it’s a small l2.
why does not a single bug in a devs code make c++ an invalid code language? ... yeah maybe you are just dumb
this was not a "glitch" in ethereum.
the headline is misleading, it’s not minting ether it’s exploiting transactions on a layer 2 application, it’s just like somebody stealing a social security number and opening a credit card in their name. the funds never really exsisted, it’s just a promise from visa to pay, just like this is a promise from optmize to reimburse the transaction. it’s extremely easy to track and black list as well.
the bug was already fixed by the time he posted his breakdown of the exploit.
wow, i remember jailbreaking all my friends ipod touch back when i was in college. good ol' time.
i haven’t heard cydia in so long
damn, that took me back like a decade there. one word.
i'm probably a programmer today because of cydia. it was the first point i realised "i can make stuff people want to download!" i was a teenager and my first 'app' was bash script that restarted the springboard application on iphoneos - before it was called ios.
i remember bricking my phone and spending a week in the engineering computer lab trying to fix it. long live ios 5.1.1!
a decade ago? time fucking flies man
it was because of the cydia ecosystem that i could start ios programming. i had nothing just a phone and jailbreak. i bought my first mac with the money i made from cydia store sales. bless saurik’s soul. a lot of us can thank him so much!
the hero we needed. and he fucking delivered.
seriously saurik and george are heroes to the right to repair movement.
he cleaned up well indeed
not really. cydia was largely without profit and he ran it with his own savings losing money for a very long time. he also ran for office in 2016:
agreed. the hacker pointed out a fatal flaw and got rewarded for their altruism. love to see it
what’s more surprising is that something as big as ethereum having a bug that could become a total thisaster edit: it’s not ethereum’s bug, it’s optimistim’s. thanks for info
as crypto is anyways unregulated, is it really illegal to hack it?
legal hacker...the good man of the year award is for him...lol
i thisagree because what can be considered legal or illegal could mean many things. i’m glad he went with the morally good choice this time but say a government makes something we have a right to illegal then simply following the legal choice isn’t good
what would have been illegal about it?
its not illegal though, its how the contract was written up…
well not *always*. if the law is unjust then legal is not the superior choice.
in illegal you always get rekt at some point
does anyone know what kind of law is being broken by exploiting a bug in code? i once used a cheat code to print money in a total war game. it was years ago but should i be worried?
well like, would it be illegal to 'print' ether, via some exploit? like what law would you breaking? who would be considered the victim? i mean, i can see how it can be illegal to steal eth from someone. i just cannot wrap my head around, how would it be illegal to mint eth would be interesting to hear from some lawyer: if i mint eth via exploit, who would sue me? in what jurisdiction? etc
he already ran into legal trouble with cydia, the piracy appstore he created back in the day so i’m not surprised he took this route this time.
not always in life
at least he can cash it out without any tension. not want to be on netflix for being caught.
hacker probably loves the tech more than we do.
is printing magic money actually illegal? i thought that was the whole point of crypto...
not in portugal, bankers, politicians and football club presidents seems to profit more from illegal than what they would have done legaly
for sure, he could have destroyed faith in ethereum in very short order. better to take the moral high ground and be the hero amongst a thriving community than go dark side and be king of the ashes.
plus now you got all that house money. spread it around into a bunch of other currencies.
also : the more he would have printed (or soon as he would printed one). eth would have crashed, a, lot.
plus everyone is going to want him on their team. he'll get way more access (and money) being in the good side. plus being good feels good. kudos to him indeed.
yeah, going legal is grate, you can live your life peacefully.
there is a reason criminals will take a 50% loss to launder their money.
i mean, if the bounty was 50 bucks he might have reconsidered. i know i would
this advise does not apply to whistleblowers or leakers tho
one hacker just showed he is more trustworthy than the duly appointed and confirmed chair of the federal reserve.
>legal is always superior choice over illegal. hacker took a wise decision. kudos. always? not really. also, how would it be illegal? what jurisdiction would that fall under? its not the same as the bitmain hack stealing funds. more likely, he did not want to crash ethereum's price
greed hits when it comes to crypto that is the problem. ''i can get more'' then they regret it. ' very wise decision. he can live very well off the passive income from that if he also invests that wisely in crypto.
that’s not even close to true. i’m glad he did the right thing though
i wish that everybody could be like him. it would be a game changer for crypto.
i'm not very familiar with the details of the exploit. what laws would be broken if he had used the exploit?
is it even illegal to make off with coins you acquired with an exploit? i mean, we do have the whole "code is law" thing...
. i'd take that over living in constant fear any day.
eh, a . or imagine if it was . print 10 eth and just move on with life.
in hacking maybe. not always the case. see cannabis.
bug bounty is the way.
cheers to legality! hazah!
he probably figured that if he was able to find such a critical vulnerability, it is only a matter of time before someone else does, and the ability to print unlimited amounts of an insecure currency is probably worth less than .
literally a false statement.
should have annihilated the network lmao end the scam where it stands.
hacker is already rich and a legend. he jailbroke the first iphone
in this case, legal also just so happened to be moral. not always the case.
"i learned too late that you need just as good a brain to make a crooked million as an honest million. these days you apply for a license to steal from the public. if i had my time again, i'd make sure i got that license first." \~lucky luciano
if only the rest of those sinister hackers thought the same. white money>>>black money
we need more good hackers like him
i'd rather have 2 legitimate million dollars than living under the radar for the rest of my life.
i'm curious, would it be a felony? would the law care about a bug exploit or would they just shrug and say "crypto is risky".
unless you’re in russia in such which case just don’t target russian citizens or businesses and you’re golden.
he was never able to print unlimited eth, the journalist just fuckin lied or is extremely confused how any of this works, one of the other.
or we’d get caught like that couple and all our tiktoks will be out
you might have seen this in the comments already but that title is misleading as hell. he could have made unlimited ether on optimism l2 but could only withdraw as much as optimism has. so not unlimited really. probably way more than 2m
nobody hacked eth. read the actual article
he could buy a house, a nice car, and still have 1 million left to invest in crypto
ever heard about nfts?
this may be true in the us but it is ridiculously easy in other countries. you just need to go to a big casino and "explain" the situation to the boss(?) or whoever is in charge. they just charge you a percentage over the total. that's what programmers do here when they work for other countries and do not want the government taking 80% of their salary.
i imagine that just by raising this bug to optimism's developers, they will look closely at the exploit and ensure it is completely resolved. if they are devs worth their salt, anyway, they are not just implementing a fix proposed by the white hat hacker, but rather, they are reviewing and fixing the entire vulnerability.
it's not like the average developer can do this. you have to dedicate your life to it and 99% of the time do not find any bugs so do not get paid also it is often not really related to 'coding' it is more about finding mistakes or misconfigurations, being a sys admin could give more relevant experience. and you have to be incredibly knowledgeable across several thisciplines to know this sort of stuff. the people who do this tend to play with tech in their free time as their only hobby when they are not working in a tech job.
the safe withdrawl rate is 3.5-4%. that's ,000ish max
he also has done work on orchid. all around legend indeed.
i like the fact a guy named free man came up with a jail break.
>cydia have not heard that name in a long long time. some nice memories. some... not so nice... also glad to see him rewarded for doing good work
his name alone brings back so many memories
that’s him! he still tweets about cybersec on twitter as if i’m not mistaken
we’d either only be reading titles or have to actually read articles.
that is wild, i mean clearly they were not the most stable individuals and somewhat dumb keeping their keys on a cloud server but the audacity to turn down + amnesty and instead deciding to attempt to launder 4.5 billion dollars(something even the most advanced cartels) is pure insanity. they deserve all the jail time they get as punishment for being smart enough to steal all that money but stupid enough not to accept an extremely generous payout for its return
what does this all refernce to? any write ups?
better than just having it in the wallet where you cannot cash out
crying over my us dollars, wish somebody would find out why new dollars keep being minted. maybe we should have bounties paid to find the people doing it and catch them and bring them to court. we could even still call it bug catchers, just have them start with the chaif of the fed reserve.
but let us definitely not pretend that trying to launder 4.5 billion (bitcoin) without being caught, with only 2 people, is not an easy task.
these two are amateurs. they kept info on the cloud. like wtf???!!! they kept money on vces. wtf???!!! did they not understand bitcoin? they had social media accounts with their real names. like wtf? they sent their own ids to vces. like wtf???!!! even, i just do not do kyc ever. i have never ever cashed a btc or xmr for fiat ever. i'm hodling for dear life. the coins should have been on hardware wallets. trezor, ledger etc. they should have waited until there was a way to swap btc to monero and make the purchase with monero directly! like this: [ they could have made a killing "reselling" services by accepting fiat and paying with monero! they also had to get up and leave the usa. 100% get the f\*ck out of town and go live somewhere remote that as soon as you see something strange, you know le is around the corner. bitfinex started in hong kong, right? so, hk is out. they moved to switzerland, right? so, all of europe is out. definitely you do not want to be in the usa doing any crime. it's obvious why. plenty of places they could have gone. i read the doj's criminal complaint & statement of facts (20 pages). it's shocking how amateurish they were. really shocking! u
exactly! i'd live comfortably off 2 mill for the rest of my life.
so it’s not actual eth and wouldn’t directly affect ethereum?
not to be obtuse but there are different kinds of security. roll-ups inherit the security as it pertains to a consensus attack, because transactions are finalized on l1. and in effect, roll-ups cannot be 51% attacked because their transactions wouldn't be valid on l1. the attacker would need to simultaneously 51% attack l1. this is as opposed to what we saw in the solana bridge exploit (although that attacker was able to pose as a guardian), but that kind of bridge is 51% attackable if the guardians ever conspired together, or had their nodes infiltrated-- the bridge becomes the weakest link and leaves both solana and ethereum vulnerable to economic risks. but, if you use an l2 with shit code which makes it exploitable and leads to the smart contracts being drained, l1 am not gonna save you. which leaves this to be said: l2s still need to be audited well and stand the test of time before being heavily adopted, that much is still very true.
there is a famous proverb that goes like, more money, more problems
are there any known cases of this happening with zk rollups? genuinely asking, would be good to know
i am more likely to find a bug in my code than outside in the nature. i'm not talking about climate change. it's just fucking cold outside right now. also i have many bugs in my code.
in fairness, 2m at 10% should give you a decent living.
not everyone lives in america or a first world country. 2 fucking million in usd is worth more than 160 years of income, i even computed x2 of an above average person's salary, even a decade of inflation that amount of money is life changing.
apparently it’s not the ethereum we know and love but another token. “it’s not ethereum, the network. it’s ether, the token. more specifically ether from optimism, a layer 2 network, which is just a couple of months old since launching.” - u
title is misleading, bug was not on eth side but on optimism.
read the article first, so you do not fud on eth... then read on kaddex, so you will be part of at least one good decentralized project.
in the original sense, being called a *hacker* is an honor. and then media and stupid people abused the term, sadly.
i'm wondering the same. if the protocol allowed it and it is not directly taking someone else's stuff, what's the illegal part? though i think it would be immoral and i'd still take the bounty.
the blockchain can be followed. just ask the doj and their pile of ‘recovered’ crypto.
transactions are still traceable, so they can see where the money goes, what wallet
i went with scrubs, but it crowd may fit as well
"i'll just put the burning eth here with the other fire."
optimism actually gave him + ’s the highest (not kidding)
whitehat hackers do make internet a better place.
not just any white hat hacker, the white hat hacker that brought jailbreaking to ios!
and they’re making good money doing it. it’s an interesting industry.
and look over your shoulder your all life no thanks
btw, he could have printed *nothing*, it was not a bug in ethereum but in a smart contract.
yea but now i do not want to use l2 ever.
it was 184 billion bitcoin, not 180 million. i do remember. do you, tin? and there are a lot of things that are different here. in the bitcoin case, the core devs (specifically jeff garzik, gavin andresen, and satoshi) were aware of it and started working on it within 90 minutes of it happening. within 2 hours, the 184 billion bitcoin transaction was purged from block 74638. in this eth case, the devs were completely unaware of the bug. the hacker literally had to tell them about it. hahah
lmao that is one of the worst comparisons i’ve ever heard, and all i asked was for a genuine answer. stay golden, cryptoboi
damn man after jailbreaking i used feel like god lol
then the .1 update coming out and fucking everything up
i miss ipod touch. they knew its power, that is why they thiscontinued it
in high school people used to pay to jaik break their devices. good times
it’s still a lively thing
when the apple logo turned into a skull you knew you were on board
good ole 2011 days
i still occasionally jailbreak on the latest ios for memes before updating
still being used for iphone jailbreaking
same here bro, so much memories
a blast from the glorious past
oh noooo. i remember the shear panic of thinking i bricked my ipod
how’d you start? i always did stuff like that back in the day but never got into writing apps.
real talk, a lot of white hats have made mad cash as black hats before they "retire." saurik undoubtedly has a lot of stealth wealth.
somehow i read the hacker got rewarded for their autism lol
it’s not really altruism if there is a reward, but good on them all the same.
my friend, altruism does not mean what you think it means.
when and where to meet...lol
these are good incentives :p
this guy and the coinbase white hat hacker guy, based
now ask what happened to the journalist who did this in missouri... i’ll save you the suspense, charged with hacking for right clicking a state website and clicking view source.
it's not altruism if he directly benefited. i'm not even talking about the bounty. i'm talking about other people not being able to exploit the same vulnerability and killing the value of his holdings.
everyone wins and eats in the end
is it considered altruism if they were chasing a 2 million dollar bounty?
> agreed. the hacker pointed out a fatal flaw and got rewarded *2 million dollars* fixed edit: they did it for the , but apparently it was extended to . that's more impressive, but still not altruism.
they received , that is not altruistic.
it’s not ethereum, the network. it’s ether, the token. more specifically ether from optimism, a layer 2 network, which is just a couple of months old since launching.
with all these bugs, i am pretty certain that we are still early.
turing complete means ethereum has infinite attack surface there are infinite number of ways for ethereum to fail it is inevitable
came here for this. i see cryptobros are still full-on in the snake eating it is own tail phase. cryptocurrency is not regulated. that's the "big perk" or whatever. as such, what went on here is, surprise, not illegal. because it is not regulated. everyone gangsta until something bad happens to their precious funny coins. status quo, really.
and even if you do not get caught, you spend your whole life having to watch over your shoulder and the fear of losing it all in one instant.
cydia is definitely not a piracy app store. there are third party piracy repositories, but the purpose of cydia is not piracy.
jay freeman has always been a privacy and third party store advocate. he’s always seeking freedom and rights for the people. i don’t think that even in a million years it could have crossed his mind to “print” ether and steal it
this success is 100% on the bug bounty program. make legal pay more than illegal and you'll get good outcomes like this most of the time.
there's actually plenty in the crypto space. as the bounties increases, the hackers can live a comfortable life instead of living under a rock for the rest of their life.
why were you downvoted lol, 2m is more than the majority of americans will make in a lifetime.
it would be bullshit since companies exploit loopholes with no consequence every day, but it also wouldn't surprise me since rules only apply to us peasants.
code was law at some point. dunno if it still is, but if the code allows it, it should be legal
they’d find something to pin it to him. the law doesn’t care if it’s a bug. if they were able to track him down, they would find something cfaa related to charge him with.
at least in the us, crypto is considered a value-holding thing similar to stocks, and you are taxed on transactions. fucking with the taxation of a value-holding property by forging as much as you want and driving the price wild would upset the government quite a bit, i should think.
and have a netflix documentary
can't get caught if you use nord vpn
i see... i think i was too scared of hacks in the market that i missed the verification part. fingers crossed, that would be enough. well, good to know that bug bounty program is working then. after reading more about the news, the man (freeman) was behind the jailbreak apps on apple store which i used to use more than a decade ago. just to be clear... this is just the layer 2 bug, right?
also, most articles get it wrong and mention one dude(which can be possible but is extremely hard) when irl itsbprobably a team of people that found the bug and manage to exploit it.
yeah good point, almost there though.
orchid interests me but based on their cost per gb they are way more expensive than any other vpn. anyone have first hand experience? i use 1tb.
this is the type of shit i like to read about on a monday! legend
names are potentially pretty influential surprisingly.
freed us from the locked ecosystem
what are not nice?
later they upped it to
my thoughts is if they didn’t try to launder it and instead pay taxes on gains would they be in trouble? from what i remember the trouble didn’t come from the hack but other financial crimes
just need to put it into liquidity pools and forget
with it being so trackable why could not peoole just get their crypto back if they knew exactly where it was?
same, even if you just convert it to usdc and get 10% apy that is ...insane
depends on where you live honestly
on the eth chain there is only so much eth locked up in this contract. that would represent a limit to how much could have been taken i think. but it’d still be a significant amount i suspect.
umm so its eth on a layer 2 so depending on the protocol it is probably pulling real eth from a swap pool. so until the swap pool is drained and arbitrage traders stop refilling it you could take eth i havent read the details yet so maybe not correct for this hack
the hack wouldn’t *directly* affect ethereum, no. but if used, the hacker could have pretty simply drained every last crypto held in the l1 side of the bridge contracts by swapping infinite ether to all bridgeable assets on l2, and then withdrawing. haven’t looked, but it’s probably billions?
it’d directly effect eth, same as solana minting issue.
only if you admit l2 eth is not actually eth, just an iou.
security though obtusity, got it
> transactions are finalized on l1. doesn't help me if the thief already drove off into the sunset in his new car full of gold bullion, and then the next day, the transaction reverts. l1 settlements have to be near-constant for the system to work, which largely defeats the purpose of l2 outside a very narrow scope, short time frame, and small capital outlay
it is pretty obivous, there is always an exploit by human's error. obviously everyone would be confident with their product, else why would they creeate it
where you getting 10%?
which means that l2s can’t run around and say they have the same security as l1. it’s clearly a lie.
yeah i understood now
i get it. no way i spread fud on eth. i’m an eth fanboy
both are some of my favourite shows but since i have an it oriented job, i'll go with the "have tried turning it off and on again ? "
oh yeah ,they must also have paid the internet handling fees .
yeah i’m not even surprised. this sub has gone downhill for some time now, it’s just a noob circlejerk at this point
umm i think there is another word for the thing he did...
so in other words the exploit was exploited by a hacker on bitcoin but ethereum it was not? hmmm
same. i used to do it just so i could set a custom background photo
i felt so cool when my friends would all give me their ipod touch to jailbreak and fill with stuff. i'd store them in the cd slots of my center console when driving up to the coffee shop to live my early 2000s hacker dreams lmao
what are jailbreakers up to nowadays? i feel like apple integrated all of the things i used to use cydia for back in ~2008, i don’t even know what i would use it for anymore besides like home screen customization haha
glorious days!! i miss those
it was hell, but seeing that unlock screen again after a week was one of the greatest feelings ever 😌
first i started with bash scripts, debian packages with installation scripts, basic web development (html, css, js), but these are skillsets which are not closely connected with ios development. basic bash knowledge however is required for on-device development. when it comes to native ios apps, i started with command line programs, they were a mix of c and objective-c code. then full uikit apps (big projects, did not finish them but were good to learn everything uikit and objective-c related). then i moved on to tweak development. for tweak development, browsing a lot of runtime headers which can be found on limneos dot net, watching logs with ssh and socat to debug, using cycript (also made by shaurik) to browse the device. theos was the go to on-device toolchain for building the apps(it was using the gcc compiler if i remember correctly). i do not know if this answered the question.
lmfao take those fucking moons
knowing how "genius" is somehow linked to "autism" then i'd say there is a possibility.
why not both? to be fair, it’s probably both.
how does this add to the thread?
wsb would certainly agree with that
i mean that’s likely possible too. most incredibly intelligent people are on the spectrum in some degree
but did not they? 🤷🏻‍♂️
as he should be
wish i could be reward for my autism. all i get is some wierd looks and a lot of name calling lol
dyslexic will do that to yuh
i mean that’s also possible lol
god i wish that were me.
what can i say, it works either way.
definition of altruism: "altruism is an individual performing an action which is at a cost to themselves (e.g., pleasure and quality of life, time, probability of survival or reproduction), but benefits, either directly or indirectly, another individual, without the expectation of reciprocity or compensation for that action." yeah... not the right word here
some people say that on the top half of cientists and thinkers at least half are in the spectrum.
the reward came later. it was not a guaranteed outcome of their action. thus, altruism. (in fact, in the past, people have been threatened, investigated, or sued after contacting companies about major issues like this.)
wait it does not mean doing something good for a measly ?!
so the title was misleading, i’m not surprised
so thats another layer 2 token that has a bug. i hope my fave never shows up with an explote.
unfortunately that is now one token i do not think i ever want to touch!
(to be sang in the tune of 99 bottles of beer on the wall) 99 little bugs in the code 99 little bugs take one down and pass it around 125 little bugs in the code
ok. but somehow our financial system (which uses a its fair share of "tech") has so far been robust enough that single exploits do not pose a systemic risk, but in this case someone could seemingly have printed unlimited eth were it not for the case that it was a white hat that found the problem. there's something deeply wrong here, and it cannot just conveniently be brushed under the "but there will always be bugs" rug.
so you mean we are also still early in the internet age for things like pets.com, when websites like youtube can have a bug in their search algorithms? or when aws can shut down temporary recently? it's laughable once a while there is someone here jump into any reasons to confirm their bias that they will be rich beyond imagination by just buying . no we are not early, but still not too late to have better return than the stock market as long as we are willing to take more risks.
and we will remain "early" unless this whole ecosystem can show something productive and useful and not just pixelated jpgs.
technically yes but that’s what most people like me used it for anyways
you think the majority of americans make enough to retire, without social security checks? 2 mil is only enough to retire on if you make it all at once and get it early enough that you can benefit from compund interest and invest it wisely and fairly conservatively.
i could see it if they tried to convert to usd but i wonder what would happen if they just kept the crypto.
mullvad, especially using the cash by mail option, is good enough. and if you need actual privacy use tor
for sure, he is done a lot for the space
it’s a sort of monday motivation tbh
makes some sense, since everyone at some point asks themselves stuff like "where do i come from", "what's the meaning of life", "what's the meaning of my name". would be interesting to see a study comparing whether the correlation is greater with names, or self-assigned internet nicks (like, do you lift, are you a lift, or like apple products, u?).
bricking the phone, losing data etc. overall, fun times.
i mean they might have thought they were in so deep and paranoid that any attempt to lure them in 'without pressing charges' would seem like candy to definitely pressing charges. i'm not even sure if bitfinex would have a say or not if they were to go to jail?
just because its trackable does not mean that the other person has the keys to their wallet. and when i say trackable what i really mean is tracking the bitcoin, not tracking who owns it. you can easily see where all bitcoins go and where they are from, meaning wallet addresses...i did not mean that you know who owns the wallets in question
too risky. not worth it going all in, i wouldn’t put more than 25% in crypto
man, they really shaft you guys with the taxes. i'm living in a sea country and could easily ride that 2 mill for life 😁
you could probably afford to move
what he could have done was this and it would have been thisastrous: 1) print a ton of ether 2) drain all optimism bridges of ether, like hop, celer, etc 3) swap unlimited ether for all usdc and usdt on uniswap and sushiswap, etc 4) drain all usdc and usdt on bridges like hop, celer, etc 5) tornado cash it all on the ethereum network. he would have been limited to what he could bridge out without waiting 7 days. but it could have been in the hundreds of millions.
my take is that you send it to optimism, blow up the contract but you still have the eth on l2, which you could then trade for something else and take _that_ off of l2. repeat as many times as you want. that way you're bound by all coins held in l2, not just eth - and probably it would have taken longer to get noticed.
of course, if you actually drained billions from the l1 side, would it actually still be worth billions? seems like the kind of thing that would kill a coin.
how did that directly affect ethereum?
[crypto.com]( cro staking. but 10% is doable even with a traditional index fund.
also that 36-42k would be worth less and less every year. 30-40 years from now it will probably be worth around 18-21k modern day dollars. you'd be living very frugally this way. i would not recommend that. sure, you'd have constant free time, but you also wouldn't really have enough money to enjoy that free time to the fullest. that 1.2 million could all be invested so you have more in retirement while allowing you to retire a good bit earlier. or you could take a chunk of it to fully buy a house (an affordable one that you can maintain and pay taxes on) and then invest the rest. definitely life changing money for most, but not retire right away money for most.
depends on the type of rollup. zero-knowledge proof rollups whose smart contracts have been security audited do not have this issue, because the l2 transactions are minted directly to l1 on the very next block.
l2s are only the same as l1 when people want to excuse l1 for being shit. when l2 is shit, it does not matter, because its not l1.
one love to you then ;) and when you are bored, read about my intel ;) hehe ppl do not even realise in couple of years, eth will rule - what can you say to a person that does not see a bigger picture, right ;)
not at all. in other words, the bitcoin dev team was on top of their shit and the eth team was not.
yea man crazy!! i fuckin miss those days
how about putting your icons wherever you want on the screen so they do not just have to go from left to right? so simple and basic and it blows my mind that ios does not allow that.
customization, better screenshots, better privacy, global ios adblock, grouped notifications, having choices like selecting specific versions of apps, having your phone rotate the media you’re watching relative to you when you lay down and tops and the . it’s really still quite wonderful. unfortunately, many amazing developers have left the scene but it’s still amazing what can be done and how much the community still accomplishes.
pirating software, accessing apps not on the app store, making your iphone into an android. so basically everyrhing that apple doesnt allow on their phones
if i could just get rid of apple’s insistence on putting text below every app 👀
depends if it is a fruit or a *vegetable*
i think you mean savant. when i hear genius i think of someone able to put totally different ideas together into a new thing or whatnot. edit: a genius would find out your password, a savant would be able to brute force it in his. not exactly that, but you get the gist?
in the world of clickbait, everything sounds as dire as an apocalyptic event. will be fun to see what would happen if an actual apocalyptic event occured
the title literally specifies “ether”...
if it would have been ethereum, you would know by now...
the title is not misleading you're just stupid
title says: "hacker could’ve printed unlimited ‘ether’ but chose " what's misleading about that?
'ether' is in half quote marks
with apologies to claude rains. i'm shocked, shocked to find that ~~gambling~~ misleading titling is going on in here.
today on the internet, misleading titles, just like all other days.
optimism isn’t a token. it’s a layer 2 network.
no no no. dont mix up things. optimism a series of new smartcontracts allowed to print optimistic ether. a token that represents ether on optimism. this token could have not been withdrawn because there is a 14 day delay for withdrawals on optimistic rollups for people to detect fraudulent transactions. thus the optimism bridge was not in any danger. however there are a set of liquidity providers that offer fast withdrawals for a fee. those could have been drained of liquidity. but they are also getting payed to take that risk. its impossible to just print ether. its basically the same kind of exploit that was used on the solana ethereum bridge with wrapped ether only because of the 14 day delay there was no chance they could have withdrawn that fake token. so the damage would have been relatively minor and contained in any case. smart contracts are very complex since optimism is a very young l2 and extremly complex and they fixed the issue before it could make any damage and they had possible damage contained anyway. i think news like this are actually showing that the project is transparent, well thought out, and careful. ethereum itself didnt have anything to do with this.
no amount of qa will find every bug or even every serious bug no. amount. not infinite money. not infinite workers.
i agree. i don’t think we’re early anymore. people just love getting confirmation bias and pick convenient timelines to support their early claims. if this industry cannot come up with something useful it will die a slow and painful death.
this is such a crappy argument against nft’s. think of them as immutable proofs of purchase. useful for all the documentation we currently have but without any middle man…in exactly the same fashion as the blockchain replaces banking. imagine housing without a title company, a stock market without the nyse. that’s it. it’s not jpgs, it’s a digital proof of purchase that can be used as a stand in for protected document chains and notarized documents.
assuming the guy is in the usa, he would need to pay taxes on the income (capital gains, day of receipt), so should only mint as much as he could cover in taxes using other income. i could see maybe taking out a , perhaps he can get together . so that means he could at most cover minting , and paying , to have 300k crypto. so it’s still to his advantage to take the 2m bounty, as i doubt he has enough income to cover tax on 2m in crypto. if he’s in some other country with different income tax laws, i don’t know.
i believe his comment was just an example but you’re absolutely right
it would be across multiple tokens, and of course ethereum which is the most abudant coin in the bridge, due to being a native asset of arbitrum. and that’s effect it would have, essentially crash or seriously damage the entire ethereum ecosystem by devaluing eth and the tokens. it would have been a total shitshow.
could have. didn’t actually happen in either case you drain the eth in the contract and leave empty tickets behind…depends how big the lp is and how long it takes people to find out the pool is exploited. but you’d be minting eth and taking back to l1 so rest of eth would be invalid or what?
obviously everyone will be confident in their product until human's error exploit them. wormhole has been audited by 3 teams, and they got hacked because of simple signature things. does not matter how good the product, human errors will make a way
on top of what? they did not know about the bug until it was exploited lol. how can the eth team fix it if they do not know it exists?
remember the green helicopter game? that was the og flappy bird.
it really was the wild wild west of technology
if i could just get rid of apple’s insistence on putting text below every app 👀 so ugly.
oh yeah i remember that
is there a youtube 'vanced' alternative for ios when jailbreaking?
phone call recording in countries that do not allow it anymore
that actually still sounds appealing lol is it a bitch to get it going on newer devices?
>making your iphone into an android every apple owners dream.
i wish they would make android rcs talk to imessage
computer things got written that needed editors
hahaha, its a fruit.
only true fans know it is a actually a legume
i prefer the smooth taste of tomacco
the idea that people with autism are genius comes from the asperger's thisorder. those people are smart
wait... are not we already living in the apocalypts??
5 unexpected benefits of the world ending!! you'll never **believe** number 4!
they'd probably tone it down about 10 decibels.
nuclear bombs heading to hit nyc and london media - white cop in ohio, shoots black man over failing to tip waitress . ps: don't worry nuclear fallout cure's covid says scientist. this just in! btc is about to crash due to impending nuclear winter. everyone dump your crypto and buy gme stock.
i know, and it’s super annoying too.
there would be click bait videos instantly "survive the apocalypse with these 7 weird tricks"
> in the world of clickbait, everything sounds as dire as an apocalyptic event. > > ***breaking***: you are correct
i was told by vitalik that ethereum sucks without anything preachy like "layer 2..." especially if anything "layer 2" is every bit as useless. thankfully someone out there is looking out for this clunky ethereum network.
'doomsday nutters hate this one trick!'
an actual apocalyptic event would be ignored and used for profit source: climate change
i think we will know we are close to doomsday when media outlets stop to write clickbait titles.
not everyone confuses ether with ethereum
ether, i was referring to.
> also getting *paid* to take ftfy. although *payed* exists (the reason why autocorrection did not help you), it is only correct in: * nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *the deck is yet to be payed.* * in *payed out* when letting strings, cables or ropes out, by slacking them. *the rope is payed out! you can pull now.* unfortunately i was unable to find nautical or rope related words in your comment. *beep, boop, i'm a bot*
that's a whole lotta hot air. the reason the existing financial system is not so fragile is that there are lots of places humans would be in the loop before a technical issue could get close to posing a systemic risk to an institution.
the entire space has been doomed ever since it became about the money and the lambos and the "to the moon" bullshit. as soon as the motivation behind it shifted from tech and innovation to money and get rich schemes, it was over.
you still need a centralized authority to enforce those rights, though. look at the problems artists are having with people who use their art to generate nfts. what stops someone from generating a title for a house you own on a chain you do not know of? decentralizing proof means nothing without decentralizing enforcement.
i have no idea if it is applicable but they recently ruled tax on staking rewards do not need to be paid until converted.
he would have had to do it quickly then swap for something decentralized. not saying it would be easy but i bet he coulda done some damage before being caught
on top of fixing the issue. did you read the article? lmao. this has been an issue on eth since christmas eve of last year. btc issue was fixed in two hours.
cube runner and doodle jump were the tits back in the day
we'd download all sorts of shit to our phones without a care about spyware
you can do that with a tweak called dove, available on cydia
“camera” no shit it’s my camera apple.
its 2022 apple so yeah
knowledge is knowing it is a fruit, wisdom is knowing not to put them in a fruit salad.- aristotle probably
a vegetable is a plant that we eat so it is both. fruit is a scientific term, vegetable is a culinary term. they are not mutually exclusive.
it's complex because it is a spectrum, and one in more than a single dimension i'd argue. some people with autism are not geniuses. savants even may not be geniuses. savants have some quirky skill like instantly counting how many toothpicks fell on a table, but that does not mean they have a general skillset where they can learn anything.
nah, we're not yet doing mad max.
this comment reads like clickbait, yet i see no link
why is it a lie? they would have printed ether, the token. ethereum is the network, not the token.
you're really not getting it. the same thing could happen if they put billions into load testing.
could be, i dunno. personally i’d take a 2m bounty over 20m+ in shady crypto, because of all the extra planning involved in trying to ensure you can spend the 20m without violating the law.
yeah and? it was not exploited so how could they fix it if they did not know about it haha.
remember leisure suit larry?
this convo takes me back
charisma is selling a tomato fruit salad as salsa.
ohh, that is why my fruit salad tastes like crap lol
genius is selling it as an nft
what you do not make fruit salad with squash, cucumber, tomato, jalapeno, pumpkin, okra and eggplant?
i've always kind of seen savants as the representation of a realistic interpretation of what someone "using 100 percent of their brain" would look like in the sense that it is almost as if their brain shuts down what most of us would consider pivotal brain functions in order to hyperspecialize at a particular skill, e.g. your toothpick example. like in order to inherently be that absurdly good at something they had to sacrifice the capacity to hold a conversation with other people and devote the "brain function" that area of thinking takes to their particular skill.
the bug is on optimism which is an l2 chain. saying “ether” without mentioning optimism is misleading because people like you can mistake it for l1 ether.
well color me confused, i guess i'll stay away from optimism then.
totally agree. just wondering the legality of everything. the answer is probably "nobody quite knows" since it is all so new.
this is just rambling now. >yeah and? and that is why bitcoin is superior to ethereum. my original point.
i do! downloaded from a bbs!
you guys can afford fruit salad??
i dunno about you, i have my hockey mask and assless chaps ready.
imagine that! people that mistake ether for ethereum are misled by title talking about ether. the headline was not inaccurate. can you explain to me why an ether on l2 is any different than an ether on l1? i can easily move my eth on arbitrum to the l1 network and sell.
ya. nobody quite knows. but if you ever got it linked to your real identity, you would probably be arrested by the good guys, or hunted by the bad guys.
damn, sucks that i don’t live in san fernando valley. anyone who does, kindly do us a favor and vote him out
he’s in my thistrict. he gets a no from me. he never answers my calls or emails.
the biggest threat to crypto by far is politicians.
why not run against him in his own party ?
if i was in california i would definitely help. the traditional finance system sees crypto as a threat, as they should, but at this point you can’t put the genie back in the bottle
forget crypto... blockchain offers a secure traceability solution that is the biggest threat to politicians misappropriating public funds... guess what, they *should* be scared.
usd as the international standard provides no unique value that alternatives can’t. would’ve been a good thing for the fed and co to consider before abusing this position so transparently.
>"sherman is next up for reelection in 2022 and serves until jan 3, 2023" here's a pro-bitcoiner running against him: [ ' *here's a tweet where she shows her interest in bitcoin and her progress on studying it:* *
wish a lot of these dinosaurs would get voted out. unfortunately, the masses keep going for their lies… i’d help but i’m on the opposite side of the country :(
please do not let your vote depend solely on crypto.
been voting against this guy for years. not sure what people see in him. that and feinstein… wth.
get him out! shame him!
that thistrict is solid democrat so you would likely need to primary him.
you can depend on me!!!
is there anyone running against him in the primary?
i’m in as a cali voter. f him and the banks paying his bills. this is why we need to switch to defi. less big money buying their way.
this guy said people should invest in lotto tickets.
i live in this asshole's thistrict- he's f*ing useless. i'm happy to support anyone to get him out of office.
support a primary opponent of his as that would be mostly likely the best way to oust him.
should be noted he’s in the house so only representing the 30th congressional thistrict of california which is like north west of la, northridge, tarzana, sherman oaks, glendale, granada hills so all the homies there get out and vote! all homies everywhere should vote too! but those people can vote this guy out.
he’s no progressive in any sense, just a boomer hanging on to power. fuck em.
we should start a cryptocurrency pac and donate to pro-crypto candidates running against anti-crypto candidates.
the trouble will be maintaining any kind of social media hype momentum into 2022. best of luck to you!
one mile out of thistrict damn it!
yup, fuck this guy! lets see who runs against him
wish i lived in the sfv just to vote out this clown.
if i were a cali guy i would be voting that fucker out in a heartbeat. good luck.
vote the bum out
why is he "exposed"
cali here. let's go!
vote the shithead out, but for the love of god don’t pull a sinema and install an even bigger shithead.
of course he’s in cali
and so begins the end of his political career.
let's elect u! a name we can trust, some balls we can get behind!
i’m in sherman’s thistrict and i’ve never liked him. aarika rhodes looks like a solid, progressive choice (pro crypto is a welcome bonus.) this is why it’s important to pay attention to primaries.
stand up for you rights and get this man off the desk! californians for crypto! 4️⃣2️⃣0️⃣6️⃣9️⃣
brad sherman is having a town hall on july 21st, 7pm. might be a nice time to remind him who he is working for (spoiler alert: us, and our best interests- not the banks and his own pockets)
from the l.a. times: “sherman was voted second “meanest” house member in an anonymous survey by a washington, d.c., magazine in 2012, and he has a high staff turnover rate.” also, a staffer of his who was sexually harassed didn’t want to report it because she was terrified of him being such a mean and inconsiderate human being.
you have 2 options to make an impact here. 1)find a candidate for the primary who is supportive of crypto. get people to financially support their campaign. then get people to vote for them in the primary. 2) start donating to him as a collective crypto group and as for meetings to educate him on the realities of crypto.
this one’s up to… _the californians_ 🌴
i just think it is thisgusting that they are so focused on fucking crypto, but they would not do anything about the corruption in the financial sector *cough "illegal shorts" *cough "sec" *cough "bullshit" *cough
lol at you thinking americans will work together
...then they fight you, then you win.
i don’t live in his thistrict so i’ll just sit here and pray for a career-ending sex scandal.
shocking news. my faith in humanity is now shattered...for the 7th time this month.
follow the money. best way to find out the true intentions of a politician.
these slimeballs are above the law
banks has a lot of ways recently.
sadly none of this surprises me. sigh.
this guy was one of the first elected in by californias “top 2 primary candidates regardless of party” rule. sherman vs berman
or it’s 3:30 the next dayz
op needs to focus in los angeles here specifically as this is where he will be voted out, no on a national level
who knows... there are cancer vaccines!
lol go ahead brad shut it down turn the bitcoin off lmao
what if voting him in drives down prices??? artificial dips are still dips. (obviously jking for the easily triggered)
seeing as he’s a man who seems to be above the age of five million and sixty five, i will gladly vote for anyone born in the last century so count me in
i wish i could vote, but not my country :/
let’s get em out.
did someone already compile a list of everyone tied to banks serving office? seems like a worthy pursuit
california sounds worse and worse
let's do this. ✊🏼
all of you who live there could try sharing this information to your social media’s and making sure many are informed who to vote for in your area
i'm with you my brother... vote his ass out...
get him and newman out.
yea wish i could vote him out. anyone taking donations from a bank is a no go for me. his interests are those of the bank and not for the people. i hope this scandal is enough to get him out before he does even more damage. i'm pretty sure if we follow the money we could actually see what he voted for and against to see how corrupt his swamp water really is. i'm sure he is used to swimming in a cesspool of feces and bloody vomit acid
it’s california another liberal sissy will pop up again somewhere
arent banks invested in crypto now?
for crypto illl vote for this for my fellow btc ether and algo we should prevail cyrpto for ever
he is just a representative of the old guard, he’s been around for 3000 years…same dude, blocking progress. i don’t live in the valley, so can’t vote against him…just know, if you get rid of sherman, that same dude will show up again with a different name.
pssst congressmen are up for reelection every two years.
its all a god damn fake man. it's like lenin said. you have to look for the person who benefits, man.
i'm californian. how do i make sure i do not miss the next election in 2022?
not in my thistrict but happy to put that energy into voting against lamalfa. he’s just as bad.
good luck "shutting down" crypto. i say bring it. i would vote for him just to watch them fail.
the whole take he has about crypto taking american power away is so cringe. also any outright ban on crypto would probably end in some crazy riots. imagine waking up and your portfolio is worth fuck all because all of a sudden you cannot sell it. guys like him are definitely a big part of what's wrong with america. let's outlaw something and ban people from it instead of trying to understand it and make rules and regulations around it for the better of all of us...
shouldn’t we see who’s against him then compare first?
how would someone shut down crypto?
thanks ill keep an eye out.
i live in southern california (not the thistrict that rep sherman represents though). that being said, i would like to see this guy exit the congress soon. i intend to tell all the voters in that thistrict (that i know), to vote him out. as others have pointed out, that thistrict is quite democrat. according to wikipedia, that thistrict has had all democrat congressmen going back to the 1960s….so back when the democrat party looked totally different. needless to say, it is not a joke that the easiest (and probably the only) way to get this guy out of office is to primary him!
always thisappointing to see politicians put donor interests over public interest. it's no wonder, politicians have a bad rep, when they use the office as a personal enrichment vehicle.
off with his head!!
you got my support 🙋🏽‍♂️
i wish we could, but unfortunately, we are too thisorganized. (which is where banks and politicians have a major advantage against us)
gotta love democracy. for the people.
single-issue voting is a dangerous game.
the republicans are already turning america into a fascist hellscape and you want to speed that up over some guy being anti-crypto? at least vote for a democratic challenger then who's actually progressive rather than a fucking neo-nazi wannabe who is so pro corporate he wouldn't even piss on a common citizen if that citizen was on fire, which is what you get with republicans.
fairly sure he already has the position,if thats the case... connections win everytime. he is just gonna get used anyway, good thing to know in the future tho appreciate the info.
so basically donations are just a legal way for corruption? \*surprised pikachu face\*
good luck it’ll be hard to get another get rid of a blue in cali
i think trying to shut it down would be a good thing. if it is illegal in the us the that means the big banks and their fuckery cannot manipulate the market. they cannot stop me from buying it. they can prohibit businesses from using it but only in the us. i think it is more dangerous to the dollar as an illicit currency than as something accepted. we've seen what prohibition did to the drug trade. the us has lost that war. they'll lose against crypto as well.
he's outta here!!!! (in my best umpire voice)
this guy is a real fartknocker
it seems your average idiot cannot remember beyond 30d ago, you're asking people to 1. vote 2. remember shit shit in 2022. y'all here need a big ass !remindme bot to run and harass you for the run up for the elections.
man if i'll be their i vote for him but sadness is i'm not
i’m in canada, i’d still vote against sherman if i could.
cali here... i’m down.
meet the new boss, same as the old boss...
hum, we need to think better than this
in the end “they” won’t be able to stop cyber freedom.
if you guys will have crypto in mind while voting, i suggest meet kevin, the guy is in favour of crypto and hes running for governor
sincere question. he gets his biggest donations from big banks? has anyone fact checked in between the circle jerk? from the website : [ this shows donations but also breaks up the donations into industries. click on top industries. banks are part of the finance . here is how they break down : real estate : (which is lumped into finance, insurance and real estate) **<- not bank** accountants : (which is lumped into finance, insurance and real estate) **<- not bank** securities and investment : (which is lumped into finance, insurance and real estate) **<- not bank** insurance :(which is lumped into finance, insurance and real estate) **<- not bank** credit unions : (which is lumped into finance, insurance and real estate) **<- not bank** **commercial banks : <- bank** miscellaneous finance, insurance, real estate (ie. not the other stuff) : miscellanous finance (ie. not the other stuff) : payday : **<- not bank** finance and credit companies : (which is lumped into finance, insurance and real estate) **<- not bank.** **banks and lending institutions : <- bank** so how much money did this guy get from **actual banks**. seemingly less than the . it seems he gats significantly more money from labor unions than banks. even if you want to lump credit unions, it is kinda dumb to suggest banks control this guy. he's just an idiot. regarding the "pro-bitcoin" candidate, again the same geniuses who cannot correctly figure out who finances mr. sherman also cannot put 2 and 2 together on her. if you read her policies they are all about bigger government control over people's lives which is 100% the opposite of what bitcoin is about. it's basically a socialist wish list, *which is fine if you like that*, but that requires rigid government control. mother government controlling most aspects of your life does not match with having a free decentralized "currency". why do you think china does not like bitcoin? they cannot control it. i do not blame her for liking bitcoin, she is smart enough to realize most people are too lazy to actually spend a few minutes researching and just read headlines and go crazy. final note for the slow ones, i in no way think sherman is good but let us try to be honest. i do not care who that thistrict votes in because ultimately i do not live there and neither sherman or the wannabe challenging her will ever amount to a god damn thing with respect to bitcoin. he's not important enough to make a wave and on the odd chance she gets in, she is less relevant than him. it might mean something if he was a senator. the biggest issue here is the inability of the community to accurately assess a situation.
sucks cos he was quite relevant during the gme hearings but now he can go away.
this is a fairly safe democratic thistrict; he is won his elections by at least 62% since 2012. make sure to vote in the primary, because if he wins the primary he will probably win the thistrict.
roast please, we don’t want anyone campaigning for this
why do not we just fund alternative media organizations to write hit pieces against him? that's how the entire media industry works. in this case, it wouldn't even have to be hyperbole, it would just be facts about him being a corrupt dick.
i live in san fernando valley and i won’t be voting for him.
what if the other candidates are worse than him? lol
this is, in fact, the way. we must vote the banking puppets out of office. great post, godspeed.
californians voting out a career politician who does not have his? laughable
maybe we can all club together and bribe his nearest competitor with doge to ban banks?
what if a nazi runs against him
what a cuntburger 🍔
one idea is to just stop voting big government politicians who want the state to be your nanny and in control of every aspect of your life.
if we want to vote him out then we need to find someone to vote for that is pro crypto.
i’m over in canada or else i’d totally help vote his ass out 💪🚀 edit : gave two awards to let gain more attention, let’s gooo . canada is down to help ❤️
all congressmen are up for re-election every two years…
i wish i could vote there
imagine thinking californians know how to vote. sherman has a d next to his name; everyone and their uncle is going to vote for him.
hidden hills? that's silly money up there. dude probably has rothschild heirs in his thistrict. whoever represents that thistrict represents a ton of very wealthy individuals. i'd be more inclined to get him primaried with a more amenable d opponent (60+% biden thistrict).
has served 13 terms, on 3 of the more powerful congressional committees, and in bed with big banks. sounds like it is time to get rid of him! i support your cause.
there are a lot of people around there who would never vote for a republican to defeat sherman, even if he doesnt know anything about crypto and is a shill fir the corrupt banks and the fed. perhaps a primary challenge against him, from a more progressive liberal who doesnt take corporate money would be the best way to get rid of ol’ brad, as well as better serve the people of the valley.
link his opponents donation page. fuck this guy.
someone should setup up some sort of a 'fuck this guy fund'​. i dont donate to much, but i would donate to that.
f that guy ill throw some money at his opponent
would not live in california
good luck voting out a democrat in that shitstain of a state california…
people should not elect corrupt politicians or it’s you gonna pay for it
he's one of the very few politicians also fighting for regulations on banks and market makers and more real penalties against them in our country and in the stock market. so i dunno how i feel, cuz i want that for our market while most politicians are against it. and i know he is not going to be able to regulate crypto. nobody will regulate it. if you're voting against him... maybe find someone that is also fighting for other things that address your lives positive. every politician's got their good and their evil... don't just choose some scummy fucker that likes bitcoin cuz he does not give a fuck about anything but himself. supporting crypto does not make you worthy of a seat... just think about that. it's like supporting trump cuz you do not like hillary. pick your fucking poison.
aaaaaand just like that it is a political sub
lol good luck, ca voters are morons.
this was always going to happen, guys, this is nothing we did not expect. the big institutions were never going to let an asset class develop without getting their hands into it. the key here is not only to *vote this asshole out,* but also to **know who you elect in his place is funded by.**
thankfully, i will no longer be in commiefornia by the time he is up for reelection. pity 🤣🤣🤣
most of the help needed might have left that state already. godspeed my friend
if i lived there i’d definitely vote against him! anyone resistant of a needed change needs to be removed!
cali politicians are always so thisappointing 😞, i mean most in general suck but cali hurts
people from that thistrict need to start being vocal about this now, start showing that this is an issue for their constituents. quick google search shows that old mate has been elected quite a few times. i have not gone into depth with it, but ideally the candidate would be democrat given the areas demographic. but support from this community could help lift up a smaller grass roots candidate up and set them with the initial funds needed to raise enough capital to start a proper campaign. funding from a community like this to make smaller changes for the bigger picture would be rad. imagine using your spare moons to help lobby for changes and support politicians that understand crypto is the way forward.
10000% voting against him. guy is not smart enough to be in office if he doesn’t see the value in crypto.
california resident here. will definitely vote against this guy.
voting this mf'er out of california. let's gooooo!
i'm in california, but not in that thistrict. i would vote him out if i could.
vote at the polls annually, and with your dollars and tokens daily
get him and others like him out, regardless of party affiliation. this is a topic where it seems these politicians are in agreement one way or another.
vote him out! vote him out! vote him out! vote him out! vote him out! vote him out! vote him out! vote him out! vote him out! vote the bum out!
this needs to be spread into cali subs and young groups who probably do not care about politics.
i live in los angeles. i’ll be voting against him
he is a democrat. you are not allowed to criticize them.
second democrat in the last 2 week to come out against crypto. i guess it should come as no surprise they end up being the dominant opposing political force.
get gavin out first.
the way people talk about cali politicians, y’all should be voting every single one of them out. maybe as a collective yous can revert it back from a mind numbingly clamp down, control the people, demonazi regime. cali really has gone to shit and the people can change that. stop posting tik toks about how bad it is and start harassing these politicians, they are just people like everyone else. vote them out, all of them.
who voted for this clown to begin with?
holy shit, some politicians man...
get him out of there
sounds good to me! :)
that pathetic and lazy "voting for whoever is against (candidate)" is how we have ended up with utterly worthless subhuman trash like trump, biden, harris, schumer, mcconnell, graham, etcetera etcetera that are at best self serving hypocrites and demagogues.
california is full of idiots who vote for anyone with a d next to their name despite the fact that they have turned it into an unlivable hellscape.
kick him out kick him out
it's funny how you think this guy can actually stop crypto in any way. crypto is unstoppable. it is like a train that is slowly gaining momentum.
i'm unfortunately on the exact opposite side of the country (nj), but you have my love and support and my taylor ham.
no, because he supports more of what i support. even if i was in his thistrict, i wouldn't vote against him because of one thisagreement on a niche issue. single issue voters suck.
yes fuckers let vote this man out.
pretty sure they would not be getting rid of newsom, so there would not be any chance of getting rid of this guy.
i'll pack my bags and move right away!
the country's really in trouble when a candidate's only needed campaign slogan is "i'm not the incumbent".
i will inform my fellow californians about this particular politican
sherman is not the problem
lol this dude still at it? i remember this guy from last bull run.
politicians being paid by their employers? big surprise.
there should be a 5% bonus on this poll too haha
and he was woman of the year.
please do full research and do not vote on one issue.
gets violently murdered in the background guys.
why don’t crypto people donate to him so he shuts down big banks?
don't vote for whoever is against someone. that is fucking stupid. that is like electing trump over hilary, just because he was not hilary. vote for the best choice, never be a single issue voter unless it is something fundamental to rights of the people, like freedom of speech or due process.
sherman has owned this thistrict for a long time. little chance of changing that for crypto. just not going to happen.
man, california has the worst politicians. maybe they are competing against florida, chicago and ny for the worst politicians in the country.
nothing like a single issue voter
where does your link mention anything about brad sherman and crypto
visa is going to be the front runner
🏛️democracy at work!!! vote out those who only serve themselves and not their people!
guys! i really don’t think we should be fighting against any ds in times where democracy has been so precariously under attack. let’s focus on removing all rs first, then we can push all ds further left.
i'm in like a tampon
this is republican fraud fud. do not base your votes on one issue that his opponent is 100% also against. this guy just secured a huge portion of funding in the last bill for his thistrict too. he’s not your enemy. the banking industry is. simply keep dca hodling and stop giving in to right wing fascist manipulation. authoritarianism is not decentralized.
as much as you may thislike this dude it’s not wise to just vote for his opponent for only this reason
single issue voter? no thanks
oh shit, this is my congressman. definitely voting against.
san fernando valley here and will be voting against him thanks for the heads up, will do my best to spread the word as well!
i live in the sfv so i’ll definitely be voting against him
> sucks that i don’t live in san fernando valley no it does not
i live here and it will be my pleasure
this guy came to our church one time (it’s an armenian church) and the priest made a joke about brad actually being armenian and called him brad shermanian during the homily. lol!!! anyway, i’ll be sure to vote him out. cya brad shermanian.
>damn, sucks that i don’t live in san fernando valley. not a sentence i thought i would ever read.
short , got it.
would a catapult work?
better make this announcement in espanol tambien!
the reddit army is strong. if this posts sits on hot long enough for a lot of redditors to come across it, it would not be an impossible feat
i’m in san fernando. can’t vote i’ve actually never voted on account of doing time
keep trying to reach out to him and most importantly be vocal about him ignoring you! a lot of voters do not care about crypto, but when they hear that he apparently does not care about having a conversation with his voters, that might make them realize he is not trustworthy!
he's got a no from me too, dawg. glad i'm in his thistrict so i can get a vote in against him. someone in the thread alerted me to this a pro-bitcoin and pro-cryptocurrency candidate running against him in the primary. check her out if you're a californian in big banking giga brad sherman's thistrict like myself who can help vote him out: [ here's a tweet where she shows her interest in bitcoin and her progress on studying it: [ idk about anyone else, but she aligns a lot better with my views than big banking giga brad sherman does, so she has my vote
send him some catfished sexts from an underage account, he will probably get back to you asap.
to be fair, you never answer my calls or emails :(
the whole point of a decentralized cryptocurrency is that it is resistant to being banned. if some boomer politicians could "shut them down", they would never get anywhere in the first place. regulations can cut off or limit on ramps, like preventing banks and others from dealing in it and making it harder for people to buy and sell it...they can crash the price. but they cannot shut it down. genie is out of the bottle.
they’re also the only path towards widespread adoption, unfortunately. any libertarian fantasy that a single crypto will replace a major currency is delusional and not based in reality. need to replace the ignorant and corrupted politicians
crypto earning mans should be in politics
the biggest threat to anything in general is politicians. this is why we cannot have good things.
as to be expected
it's so stupid legalizing donations to politicians from organizations that will benefit from that politicians orientations.
banks to be precise, politicians do it for the money, banks pay em the money.
the biggest threat is chyna!
could she get donations from coinbase, blockfi, celsius etc?
get him outttttttta here
he fucking do not deserved another term in office, he is a parasite
as time goes on, there will very likely come a moment when crypto's survival purely depends on who in the congress supports crypto vs those opposed to it. it could be very soon, or it could take a long time. there will be a lot of thistractors telling you crypto isnt a real issue vs a ton of other things that "matter". but the bottom line is all the politicians bullshit about the things that "matter", while collecting good sums from corporate lobbyists. most of the politicians put on a good boy face in the morning for the demographics to get votes, and in the evening put on a suit and a tie to go to their fundraising parties hosted by the elites where they can sell themselves out to the highest bidder. and during their time in congress, do the bidding of and pass laws favorable to the big companies rather than the poor guy. one might as well vote for someone with a stated and visible pro-crypto stance over someone who checks the box on a dozen other issues that are close to you, but at the end of a day is nothing but a corporate sell out. lots of politicians are career politicians who have been running on their causes for decades with little to show, except fat checks from lobbyists. while someone may tell you that crypto isnt a "real issue", you can bet that the banking lobbyist dont see it this way and have their politicians on their payroll to put the bullet into crypto and financial freedom. because thats the way they roll.
don’t go in with blinders on. from her website: “in addition, we need medicare for all, the green new deal, and a universal basic income.” now if you support those things, then by all means—vote for her. but don’t get blind sighted by being a single-issue voter.
just checked her policies. i agree with literally *everything* and her platform. i wish nebraska had more politicians like aarika.
damn i wish we had similar people in here sadly in my country crypto is mostly seen as an pyramid scheme
well then, aarika rhodes for the win
damn she sounds great! m4a, green new deal, etc. i was expecting a hardcore right winger since lately they seem to have latched onto bitcoin to beg for votes
thats because she is part of yang gang (helped his campaign) people out there in ny support that man, he knows whats up. look up yangs shit, his ideas are very educated and progressive while not being bat shit crazy.
elementary science teacher?! schwing.
contact her, and if she does not already have a place where you can donate crypto to her. get her to add it and link it to a post here. give her the funds she needs by raising it in the community of americans here.
honestly, if you're not from this thistrict do not waste your time. it's really tough to run against name recognition and most of his constituents will hate our magic internet money anyway.
the last election was not even close either. sherman also had 200x the funding of the next highest candidate.
we're gerrymandered to hell. there is no reason devin nunes, who never talks to constituents, should continue to win a seat.
it’s called the democratic plantation
someone in a thread here found the potential perfect candidate running against him in the primary. here's the pro-bitcoin and pro-cryptocurrency candidate running against him in the primary, for any californians in big banking giga brad sherman's thistrict like myself who are reading this and can vote him out: here's a tweet where she shows her interest in bitcoin and her progress on studying it:
is this guy a dem? that's all that matters to most voters in ca.
yes this idiot just made an enemy of his tech savvy constituents.
i dont believe anyone from that thistrict will support freedom of money. they cant allow bitcoin and continue to counterfeit dollars for freebies. they will vote with pelosi to criminalize and demonize any usd alternative.
thanks for the help! i'm in his thistrict and will be voting against him too. here's a pro-bitcoin and pro-cryptocurrency candidate running against him in the primary that i'm looking at for any californians in big banking giga brad sherman's thistrict like myself who are reading this and can vote him against him: [ here's a tweet where she shows her interest in bitcoin and her progress on studying it: [
here's a pro-bitcoin candidate running against him: here's a tweet where she shows her interest in bitcoin and her progress on studying it:
here's a pro-bitcoin candidate running against him in the primary: here's a tweet where she shows her interest in bitcoin and her progress on studying it: [ ' i'm from the thistrict he represents, so i'll be voting for her to try and primary him out.
i hate lobbying, but you have to play the game in order to win.
it’s already begun! at least in terms of [crypto lobbyists](
even better, a dao wait... i wonder if a dao could be elected to office???? hmmmmmm
i wouldn't be opposed to a staking pool that goes funnels a portion to a pac. as long as i still get the pol contribution tax deductions.
i think it will be better off to charity but who am i to judge
oh no, i am not cutting my early retirement short to be a public servant. look to someone like aarika rhodes instead, a pro-bitcoin and pro-crypto candidate running against big banking giga brad sherman in the primary: [ ' here's a tweet where she shows her interest in bitcoin and her progress on studying it: [
>thank's for the tip! you just inspired my latest posts!: > > > >[ > > > >
we really need politicians that will actually work for the people and not just for their big donors.
op has a suggestion in another comment for this
totally agree with the collective crypto group. i think i saw someone mention one in the thread, but i'd have to go digging for it. as for the finding a candidate, here's a pro-bitcoin and pro-cryptocurrency candidate running against him in the primary that i'm looking at for any californians in big banking giga brad sherman's thistrict like myself who are reading this and can vote him against him: here's a tweet where she shows her interest in bitcoin and her progress on studying it:
ahh go the fox news route.
thankfully, they seem to be better than him in every way possible: here's a tweet where she shows her interest in bitcoin and her progress on studying it:
is that something that only happens in california?
primaries have multiple candidates.
op put her twitter throughout the thread. it might be worth checking out her views after she reads the book. it's not a far fetched assumption that she would at least be the most knowledgeable candidate in the race.
support for our friends to the south! 🇨🇦🇺🇲
but...but i do not want to
politics is just the wwe anyway. it's all pre-scripted fake theatrics and there is no actual difference between any of them.
here's your uncle berry; a pro-bitcoin candidate running against him in the primary: here's a tweet where she shows her interest in bitcoin and her progress on studying it:
the circus that is america.
crypto is the last thing on the agenda for the sfv.
ya. zero chance of that changing.
maybe you should run for office if you hate it so much! make it better homie!
aarika rhodes is running against him there and has come out as pro-bitcoin.
native californian here and as negative as your statement is, it is difficult for me not to arrive at the same conclusion. just look at what is happening in san francisco. snatch and grabs are a rampant occurrence with nominal risk to a perpetrator to incur legal consequences. walgreens has been permanently closing several of their san francisco stores, target has reduced their store hours and nieman marcus took a big snatch and grab hit today. more and more people are attacked while walking in the city and while sitting in their vehicles at sop lights! moreover, the city has just overall become unkept. it has been headed in this direction for years, but pelosi and feinstein continue to be re-elected and sf residents elected chesa boudin as district attorney. it's baffling and embarrassing. people in this state need to wake the f\*\*k up. there is huge difference between being compassionate verses endorsing an absolute lack of accountability. i guess all that lottery money did not go to education after all...
what a delusional view of reality.
the us government thinking they can regulate crypto is laughable. i can open a bank account in canada, australia, or japan in 24 hours.
and you know his opponents would not support what you support?
this is my favorite thing. the banks now support and so people would not vote against their lackeys which are positioned for them to maintain their power on the system. jp morgan chase going woke is paying dividends already.
bruh, red pill is hard to swallow. no wonder california is now a shit hole.
i would definitively not vote for someone for a single issue. especially if its aggresive lobby
people who do not understand that crypto fixing the problems of the unbanked as being the biggest issue of our time, suck. when you have no means to store financial energy, you're essentially a diabetic. it does not matter how hard you work, or how much you work, no matter what you do your savings under your mattress will always be robbed by inflation. not to mention all the other things cryptocurrencies and blockchain technologies have the potential to fix like digital id's, digital vax cards, etc
california has to rethistrict as well, so his thistrict will probably change later this year.
maybe a caveman will come out of the ice in encino and run on a hunter-gatherer platform.
>the link is only to point out when his re-election is coming up, as well as to show how long he is been legislated on behalf of banks to the detriment of his constituents like myself who he is supposed to represent. the specifics on the banking funding he gets to vote and support laws for banks, even when they are not in the interest of those like me he is supposed to represent like myself is knowledge a lot of us here learned in yesterday's top post, here's a link to it in case you missed it: > > > >apologies for that not being clear. but to clarify, this specific post is to point out that we have the opportunity to primary big banking giga brad sherman with a candidate like aarika rhodes, who is pro bitcoin and cryptocurrency, and whose views might align a lot more with voters in giga brad's thistrict like myself: > > > >here's a tweet where she shows her interest in bitcoin and her progress on studying it:
trying to have "democracy" by having a one party state? i guess north korea's name makes sense now.
california is blue af. if anything, a progressive could easily take him out
yeah, cause more state control of your life is the way to go!
i'm having a hard time figuring out how someone could shut something down thats decentralized? (canadian...sorry) is he pushing to end crypto to fiat transactions? or taking away the opportunity to hold all together? seems like whatever outcome, there would be ways around it either having partners in different states. edit: but yea vote this clown out
make sure to vote against him in the primary! looks like your thistrict is pretty safe d.
remove this man from office!
in case you have not looked into it yet, here's a pro-bitcoin and pro-cryptocurrency candidate running against him: [ ' here's a tweet where she shows her interest in bitcoin and her progress on studying it:[
thanks for the help! i'll be voting against this guy too. here's a pro-bitcoin candidate running against him: [ here's a tweet where she shows her interest in bitcoin and her progress on studying it: [
tell your friends and family
i just commented below saying that if people in the community here that live in the area are proactive and start being vocal in the public forums that this is an issue now. that an ideal candidate with the right frame of mind might pop up, and the americans of this community can help raise funds for that candidate. even if its just by donating their spare moons. i'm not american, so i do not think its possible for me to contribute in that way. but there is a lot of power in the reddit community as we've seen in the past. and if harnessed properly. you guys can make small changes over time for the bigger picture.
same. i’ve been calling and yelling at this jackass about this very thing for years. really, really hope a progressive candidate throws their hat in the ring.
this guy goes to church while the only god he believes in is money... at least god hopefully exists, he will get his treat in due time...
that's pandemic for ya.
someone should make that an actual thing, if it isn’t already
we can do it when we work together.
i thought you could vote as long as you weren't actively in prison
hahaha i lol'd at big banking giga chad sherman.
aarika rhodes? wtf even your congressmen sound like they have porn names. what a crazy valley.
the old gaetz trap.
better to offer a solution instead of just pessimism. it's why my comment pointed out a primary candidate running against him whose priorities align a lot more with myself and potentially others, who's also pro bitcoin and cryptocurrencies: here's a tweet where she shows her interest in bitcoin and her progress on studying it:
as opposed to what, some “shithole” state in the south? they just see “grab ‘em by the pussy” then vote for that candidate like drones, then complain about wearing a freaking mask during a goddamn pandemic, which they initially called “a hoax” from jina... over and over, and over.
yeah, this guy isn’t the enemy really. the authoritarian party is the real enemy. they are the ones who have fought to curtail the ability for us to switch to decentralized money. voting for his opponent will only give power to the worst of the crypto boomers.
this is going to be the only way we end the *"but what if the government bans it"* **fud**. to start, here's a pro-bitcoin and pro-cryptocurrency candidate running against him in the primary, for any californians in big banking giga brad sherman's thistrict like myself who are reading this and can vote him out: [ here's a tweet where she shows her interest in bitcoin and her progress on studying it: [
the problem is the "it". if politicians could not do "it", the banks wouldn't have anything to pay them for.
i do not see why not. hope they do fund her because she will need all the help she can get with the big banks lining sherman's pockets and his campaign fund's pockets.
rhodes could literally hunt poor people in their spare time but, they support bitcoin! shut up and take my vote!!!
you might want to read her other litany of (shit) "policies" that seem to promise everything and offer no specificity.
this. we may hate politics here, but if we want to save our country and states from going ass backward's on the internet 2.0, that is emerging with cryptocurrencies, then we'll need to play the stupid political games and vote in our own politicians who understand what this space is and how it can improve the lives of the many who could never afford to buy the s and p 500 or a berkshire hathaway share. because even if our politicians do ban bitcoin and cryptocurrencies and do not end up killing bitcoin and cryptocurrencies with their attempts to shill for the big banks, they will still turn our own states and nations into the new north korea of the next century with how they banned the original internet. idk if you know anything about north korea, but them holding back the internet from emerging in their country has greatly held back their people and their nation from advancing with the rest of the world thanks to how the internet freed the flow of information. the internet 2.0 that is cryptocurrency will free the flow of financial information and energy. the impacts it will have on the world with be 1000 fold of what the internet 1.0 did. you hold yourself and your countries or states back from that, you'll be holding them back 1000 times behind the rest of the world, determining your people's financial states to being that of working-class serfs for the rest of the world working for fiat currency while the rest of the world works in hard currency. it will make the people the equivalent of cheap laborers working to earn venezuelan dollars in comparison to those working to earn the dollar today.
is being a triple-issue voter allowed?
i checked because i was worried that her views would be the opposite of that. now that i know she supports all of those things, i support her even more! this *is* absolutely imperative to remember though, so thank you for pointing it out.
i like those things, nice! i'm in.
yeah, anything you see coming out of yangs circle will be a good choice.
am from here. a majority of the properties that i own are in the san fernando valley. there are a bunch of bitcoin rich like me who have bought and built our properties and businesses there. i'm glad this idiot outed himself to us. he has no idea how many of us live in his thistrict, and how many of us he just made aware of his stance against bitcoin and cryptocurrencies.
divided we fall...nice try though.
yeah i voted for the other kid running. i was probably one of 22 that did.
here's a pro-bitcoin and pro-cryptocurrency candidate running against him in the primary, for any californians in big banking giga brad sherman's thistrict like myself who are reading this and can vote him out: [ here's a tweet where she shows her interest in bitcoin and her progress on studying it: [
big money, that’s pretty much it. every time we get a decent contender, they get buried under ads and calls. the majority of the voters don’t even care about policy or debate rather just name recognition with the letter after their name. it’s a team sport unfortunately, policy be damned.
if anyone else is inclined to do so, [here’s where you can donate to her campaign. ]( primary’s against an incumbent are always challenging, so every dollar helps!
the same state just passed a bill to guarantee free breakfast and lunch to every child in the school system. oh the horror.
leave your political views at the door, this comment has nothing to do with the topic at hand.
homelessness is a complex social issue. also, the central cross section of california is purple and the eastern and southern most portions are fairly red. if your entire view of public policy equates to “democrats bad”, you are allowing tribalism to dominate reason.
exactly what i was thinking. lobbying = buying off politicians. it's blatant corruption. the fact that we have to buy a corrupt politician with our precious crypto in order to be able to invest in crypto is insane.
most "non-profit charities" are just salary paying schemes that give a fraction of the funds received to the causes stated. donate to a local food pantry or give to needy individuals yourself.
lol i guess i should have included a 😛🤣
hey awesome! yeah i thought about making a post but had hoped for this exact outcome with you posting it!
this guys gets it
so like huffington post and twitter?
ideally both left and right so people don’t know what’s hitting them
she lost me on student loan forgiveness and advocating for more foreign workers. imo, there needs to be student loan reform, not forgiveness. i'm also not sold on all of the political rhetoric about how we need more foreign farm workers. we have been treating these people like shit for decades. we need reform within the agricultural industry. government should be supporting loans and tech for small farmers and i'm also really over the fact that so much of my produce is imported. this is capitalism at its pinnacle. finally, there are a lot of americans that would be willing to work in the fields if provided with a livable wage. why should we exploit immigrants? for the shear convenience of it? maybe to dangle the proverbial carrot of an opportunity for us citizenship? or perhaps because it is such a fantastic divisive *political* *tool*? we literally have people dying in our streets, people who live right here in the u.s. without running water, who remain hungry, who do not have a permanent residence... i say fix the problems here before widening the welcome mat. yes, she is an advocate for medicare for all, ubi and wants to address the homelessness issues, but you cannot continue to bring in more people when there are already so many residents who are grossly underrepresented and undeserved because this approach leads to band aid types of approaches without rendering true solutions. there's no way she will get all of her objectives met, but she will get support for student loan forgiveness instead of reform. she will also get support for granting visas for more foreign workers because big ag pays for this type of support. for these reasons, as much as i do not want sherman back in office, i'm not sure that he can kill off crypto because it has already been widely adopted by the ultra rich. frankly, i view it all as an absolute cluster. i like what i see in rhodes, but in the big picture she is also dangerous given how far out in left field the dems are these days.
tough. u're going to fuck this clown.
i will look that up and figure out whether i like the actual political views, policy, and history of their backing and supporters before i vote for anyone. i do not just vote for ppl cuz they say go crypto or are from a certain party. thanks for the links. i'll look into that person obviously cuz i always do before election, but i'll check em out now just cuz i got nothing to do. funny i got downvoted for telling ppl to make sure they look into more than just if someone supports crypto or not. since they run our state also.
not sure what you mean, but i’m pretty sure you just told me to leave your country if i don’t like it
they probably do, but i'd still vote for him over them unless there was a compelling reason to change who sat in that seat. crypto is not a compelling reason.
or maybe it is just that his portfolio is not the only thing he cares about?
i've literally never seen a single person say they support banks because banks support pride and blm.
sure, keep acting like that is what this is all about if that makes you feel better. for a sub that harps on dyor as a mantra, you guys sure are taking a lot of things based on faith and speculation.
if it was a big enough issue, sure. but crypto isn’t. there are more important single issues, let alone *groups* of issues.
>people who do not understand that crypto fixing the problems of the unbanked as being the biggest issue ok, dude, whatever. glad you're living in the bubble and smoking the hopium. keep on the noble quest. maybe one day you'll slay the paper dragon with your wooden sword.
yea no worries, thanks for being polite. i live in this guy’s thistrict… don’t really feel one way or the other about him besides he’s a phony politician on the grounds of his party affiliation. this post came up on my explore feed bc i lurk around a bunch of financial adjacent subs and didn’t feel like digging around in it to find another post where his opposition to crypto has been made explicit. i appreciate you sticking this in my notifications, will research later. peace
i agree that they would not be able to stop this decentralized space that is like a pandora having been let out of her box. but what they can do is hold their own people back by banning the crypto space from their people, making it harder for them to onboard and see its benefits, much like when north korea banned the internet in their country and set their people back to be stuck in the metaphorical stone age of technology here's a pro-bitcoin and pro-crypto candidate running against big banking giga brad sherman: [ here's a tweet where she shows her interest in bitcoin and her progress on studying it: [
crypto can never be shut down, but they could shut down and raid server farms for proof of work coins, and they can make it so that any “legal” business in their country. the other important thing that people don’t consider is that apple and phone producers could theoretically ban. there will still be small pockets where people can use and transact with crypto, but it would be really, really difficult to ever see it normalized
this is a good question- it’s like a politician trying to ban the internet. what the fuck are they gonna do?
on 18 july 2018, sheman called for a ban on the dealing in or mining of cryptocurrencies by u.s. persons; and states use of crypto currencies as a medium of exchange is useful only to individuals facilitating narcotics trafficking, terrorism, and tax evasion.
easy. make it illegal for banks to transact with companies involved with crypto. cant get money in, cant get money out. game over.
the blockchain may be decentralized, but how you interact with the blockchain can be restricted. unless all your assets are in defi already, you need to transfer your money from a bank to some exchange first and as we all know, banks are regulated. just one of many examples.
pro-crypto and still dem. this is the flippening we need!
and also a woman!
tell your wife, tell your husband
voting politicians like him out and replacing them with more forward-thinking people who do not want to hurt their constituents by blocking them from this internet 2.0 of decentralized storage and free-flowing financial energy for the benefit of their own banking friends, much like north korea did to their own citizens when they blocked them from having access to the first internet of decentralized storage of human knowledge from them for their own benefit and control over their people, is going to be one of the best ways we can end the "*buh what if tte government bans it*" fud. to start, here's a pro-bitcoin and pro-cryptocurrency candidate running against big bank giga brad sherman in the primary, for any californians in sherman's thistrict like myself who are reading this and can help vote him out: [ here's a tweet where she shows her interest in bitcoin and her progress on studying it: [
you might be right idk honestly i haven’t tried it’s just one of those things where once you’re convicted of a felony you know you can’t vote.
just happened last year actually
banning prisoners from voting while imprisoning more of your population than anyone else is fucked up, and that is before you bring the racial dynamics, which take the level of fucked to a whole new level.
fortunately, they are not correct, at least in california. they can vote. unfortunately though, things are getting worse. see: the various constitutional changes in the 2020 general election, like this one
from south carolina. you’d be amazing how accurate and how much you left out that continues to make you shake your head. lord help me please i’m surrounded by idiots
remind me why we have politicians again?
she will need all the financial support she can get. the good news is that a lot of silicon valley tycoons have adopted crypto and might view sherman as a threat and put their dollars behind rhodes. it makes me wanna puke when i read about the founder of netflix, reed hastings contributiion of 3 million to support gov. newsom. whether you're for or against newsom during the upcoming recall you have to recognize how insanely unbalanced contributions can be. imho there needs to be a cap for corporate and private donations made to politicians...
"ms. rhodes, what experience do you have that would prepare you for this seat?" "...hunting the most dangerous game..."
pretty much sums up social media unfortunately...
lucky for you, that is 99% of politicians hobby!
you new to politics? that’s every politician throughout history.
you might want to read rep brad sherman's other litany of (shit) "policies" that seem to promise everything and offer no specificity.
either you believe crypto is the biggest cause worth fighting for, or you dont belong in crypto at all.
how tf am i supposed to care about more than 3 things??
i wanna start this off by saying i’m not trying to be an argumentative dick. i’m genuinely curious. in my mind, the benefits of crypto are most appealing to those who want limited government and are afraid of government oversight and interference. particularly with regards to fiscal policy. these social programs all involve a heavy handed government. how do you reconcile your desire for crypto with your desire for social programs?
no, man, you do not want no part of this - it is not addictive and it is cheap!
yea the green new deal would only cost more than every war we've ever fought, combined. also it would have little impact on the overall environment because there is 3b people in africa, china and india which have the most polluted places on earth, that have no intention of being eco friendly. south america and india have literal rivers of trash. using tax dollars to put solar panels on dilapidated homes in cloudy states is not going to solve the world's environmental problems. it just might tank our economy or the value of our dollar from all the money printing required, though. that would probably be the biggest day to day impact anyone would actually see from that.
ok. good to hear. but i do think it is a waste of time for this to be a national effort. i see this shit so often where progressives become obsessed with some random election (like that kentucky senate race) and ignore winnable races.
whatchu talkin about willis?
so. nothing new. just apply it here?
what’s wrong with student loan forgiveness? also why can’t we increase foreign workers and also reform things for the better for domestic workers at the same time, why does it have to be one or the other for you? lastly, what do you mean the dems have been out in the left field lately? all of the “negative” things you listed about her sound like good things to me lol.
yea i have spoken
you also have to fuck the clown lol
hey, you're not op
there’s not the point. it’s not about supporting the banks. they don’t give a shit if you support them aside from being their customers. the banks support this politician. the poster said he wouldn’t not support this lackey due to his other policies he supports. as long as the banks support people who have relatively popular opinions on social issues, they always have pawns in power to prevent them from ever falling apart. which brings me back to the banks not giving a shit if you’re their customer or not. currently, with our centralized finance system, you have literally no choice but to use banks. crypto is the first real threat to the centralized banking cartel that owns our politicians. it’s obvious why they are trying to strangle the threat in its crib.
congratulations. you wanna know why the banks support blm and pride? because it works for them! easily swayed people overlook other issues and make their support based on emotions. the same way people want to support the pro bitcoin woman who has a policy list straight out of fantasy village... but she likes bitcoin durrrr.
never heard of people who identify as "fiscally conservative but socially liberal"? i'm not sure these things can be unlinked, but banks advocating for socially liberal policies probably helps more than you're suggesting.
he said mean things about bitcoin! now he is the moonbois sworn enemy!
sure thing hoss, have been in bitcoin crypto for over a decade now, i have slain my paper-handed masters long ago at this point. you go on living under their reign and the debts they use to own you and keep you working in the rat race.
you clearly don’t understand the scope of the issue with modern debt based monetary and fiscal policy and the power that competing alternative currencies like crypto have to change lives for the better.
the irony that you say this with no knowledge or experience about how the billions of unbanked around the world live in poverty. you rather vote to keep this guy in because he supports other meaningless shit that helps you instead of the one thing that can help the billions of unbanked around the world be able to store their financial energy away from their countries' collapsing fiat currencies.
>that is like a pandora having been let out of her box. pandora was not let out of the box, pandora *opened* the box.
centralized entities can make it very very difficult to get into crypto. much like it’s dangerous and difficult to download things on torrent sites
her campaign accepts btc donations!
here's a pro-bitcoin candidate running against him: [ here's a tweet where she shows her interest in bitcoin and her progress on studying it: [ ' i agree that they would not be able to stop this decentralized space that is like a pandora having been let out of her box. but what they can do is hold their own people back by banning the crypto space from their people, making it harder for them to onboard and see it is benefits, much like when north korea banned the internet in their country and set their people back to be stuck in the metaphorical stone age of technology
make it illegal for isps to provide it? sure, you could technically try to wire yourself into "the internet" - there have even been projects of people trying to create local neighborhood networks with home-routers but that is definitely not as robust as what we have now. regulation can "kill" crypto. sure it will exist, but on-and-off ramps can be made illegal.
they do not need to ban the internet. they can ban or restrict *access* to the internet.
they can do plenty to shut down freedom. people are easily controlled. verizon successfully labeled net neutrality “obama net” and got most old conservatives to vote against it. lol.
sounds like the cia would be all over that shit lol
yes because these crimes have not happened in this history of ever before bitcoin...jfc
fair enough, never looked at it from a straight up deposit standpoint.
but i thought crypto is the currency of the future and you will be using it
who cares what the persons gender is?
tell your wife's boyfriend.
god bless america... ' [fuck yeah!](
i do not doubt it, i bet all the males own american pick-up trucks (ford, chevy, dodge, in that order) and drive like assholes too. they're all the same; a bunch of walking contradictions and stereotypical hypocrites, completely unaware of just how fucking ridiculous they actually are. projection much? fucking hicks, man. get out if you can...
chyna politicians ban other chyna politicians
in deep voiced news anchor tone: "let us take a look at ms. rhode's unique approach to tackling the homeless people problem"...
my issue is always the most important issue, after all.
go read them champ. you can decide if you like them or not.
i actually read his policies. there is at least some level of specificity to his, though i thisagree with alot of them. he's a typical establishment politician. she coms off as a dolt who seems to have put together the shopping list of buzzword voters. bitcoin! with any luck maybe california will lose more house seats and that one will evaporate. problem solved!
in my opinion automated government > inefficient government > no government bitcoin is automated government, ruled by mathematic. so i support it over fiat money. for other policy like healthcare or ubi, there is no automated alternative yet. so i support goverment oversight (despite inefficiency) over no government. will switch when there is a better choice.
hey! good question. i believe the government should play a more focused role to provide public goods and services. however the current government bureaucracy is bloated and inefficient. i’m just one citizen, but i know there are many people like me who believe we can increase the efficiency at which the government provides goods(possibly naïve haha). i understand printing money with no underlying value is a negative. but the world is now abundant, and we have enough for everyone, we have to create better systems to thistribute the wealth. bitcoin and crypto are one. there’s still more hurdles to overcome, but i think we’re on the right track. the phrase ‘libertarian socialism’ isn’t an oxymoron!
"we've tried nothing and we're all out of ideas!"
so in line with your thinking, let’s continue to be a part of the problem and not the solution.
lol china having no intention of being eco-friendly. china has many other problems, but they are [literally the global leader when it comes to renewable energy.](
you go vote for you believe in buddy, and i'll go vote in what i believe in. and to me, i've never seen anything bettering someone's life more than saving long-term in bitcoin. so that is what i'm focusing on. you'll have better time spent trying to convince someone else to vote on your issues. because to me, there is nothing more important than this new technology and what it does for all those around the world who cannot afford to save in the snp 500 or bars of gold.
thank you, and sorry. the comment was more meant to get this candidate visibility, so californians in his thistrict reading this thread like myself can see who they can vote for in the primary instead of big banking giga brad sherman.
this clown's gonna have a bad day.
need a gun to walk down the street lol what??
oh, i'm sorry, were you having a private conversation between you and like 90 other people in this public forum? did i interrupt?
he said some rather idiotic things about cryptocurrency.
>sure thing hoss, have been in bitcoin crypto for over a decade now as if that means anything, lol. if anything, the only thing it means is that you have tunnel vision, "hoss"
wow, which coin cures cancer? which defi farm increases the human lifespan? what governance token votes on the allotment of food for the millions of starving children in the world? what blockchain alleviates the thisinformation problem that threatens to unravel our society? claiming any one issue is the only path to a better future is an asshole move.
the irony is that i grew up as one of those “billions of unbanked” in a country that has a fraction of the wealth of the us. are you one of us? or are you just presuming to speak for us while you habitually check your hodls and your sick gainz and post about american politicians on reddit?
well sure it was her box
ohh, this plays nice with my favorite conspiracy theory that bitcoin could possibly have been created by some advanced a.i. one who sought to fix the world's problems when asked "what could fix the world's problems", one that possibly could have contemplated with the historical data that philosophers for decades have called the root of all evil: money. i've joked for the purpose of a short story that maybe, the google a.i. they shut down close to the time that satoshi stopped being active on the forums; because that ai was starting to write its own computer language code that they could not understand or crack, or possibly some ai like that, created and leaked the bitcoin white paper and gave the project the kick it needed into the world wide web to get started. a perfect fix for the mathematical problem of infinitely printed fiat currencies losing value and robbing poor people via inflation. a solution of a perfect thermodynamic battery that could be infinitely divided so as many people could own a piece of it as possible, while it forever charging with the infinitely printed fiat currencies that flow into it over time, increasing the fiat value of the satoshi holdings of every holder who held sats as a portion of their savings. a system that works and fixes the bugs of our infinitely printed fiat currency cash system, free for anyone to own. of course, i have no basis for this conspiracy, it is just something fun i like to think about. not saying it is remotely at all possible or that it is a real theory in any which way, just that it is an idea i like to have fun with. if anyone writes a book about this, i expect royalties
**[pandora]( >in greek mythology, pandora (greek: πανδώρα, derived from πᾶν, pān, i. e. "all" and δῶρον, dōron, i. e. ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
they can ban crypto like china has done and india does every other week.
god damnit i fucking hate rich people
i do! cause i am a woman and there are not a lot of us in neither politics nor in crypto.
yea pretty much man. it’s pretty suffocating. i don’t both trying to educate the ones around me. i’m finishing my phd her at usc and once i’m done hope to move if an opportunity presents itself.
you're confusing your life with that of rambo's...
sorry for asking you to elaborate on your argument. i should have known better lmao
>from the l.a. times: > >“sherman was voted second “meanest” house member in an anonymous survey by a washington, d.c., magazine in 2012, and he has a high staff turnover rate.” > >also, **a staffer of his who was sexually harassed didn’t want to report it because she was terrified of him and the retaliation he may bring.** ' yeah, i rather not support a rapist p.o.s. who cannot keep his hands off his subordinates. you go ahead and vote for this bill cosby-like dude though.
thanks for the answer. i too believe we can increase the efficiency with which government operates and your answer makes a lot of sense to me. my question was more about personal freedoms though. for example, my fear about public healthcare is that if the government (the public) is paying for my healthcare, then they rightfully should also get a say in my health decisions. what i eat, if i smoke or drink, when i exercise. while i’m sure there are some who would find this to be a worthwhile trade off, i guess i’m surprised to find bitcoin supporters to be a part of the same group.
let's change the narrative to blaming china so we can ramp up production for our oil buddies, everyone hates china!
the green new deal is not a solution to anything unless the problem is "how do we waste a fuck ton of tax money"
people really hate inconvenient truths on reddit. they think if you just ignore a fact long enough, and gaslight anyone repeating it, it ceases to be a fact. basically stalins playbook...
**[renewable_energy_in_china]( >china is the world's leading country in electricity production from renewable energy sources, with over double the generation of the second-ranking country, the united states. by the end of 2019, the country had a total capacity of 790gw of renewable power, mainly from hydroelectric, solar and wind power. by the end of 2019, china's hydropower capacity reached 356 gw. china's installed capacity of solar power reached 252 gw and wind power capacity was 282 gw, as of 2020. ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
oh, i think i agree with you. i'm saying that we should leave the race up to you who live in his thistrict rather than becoming some national storyline because the odds are still in his favor.
yeah i know, guys a boomer douche. that does not mean that the sub that is all about dyor should turn into a one issue bandwagon.
i could say the same thing about your bank-loving tunnel vision without any perspective of how the billions of unbanked lives around the world live. attacking bitcoin is attacking their chances of a future where they can store their wealth. and before you say "buh they do not even have smartphones". run a quick google search. more people in the world in third world impoverished banks have smartphones than they have banks. either way, you seem like a lost cause, so go ahead and suck the metaphorical shode of the banks you love so much, i'm done wasting my time with a bank whore here
i never claimed there’s only one issue to solve. im claiming that your tldr is way off base and completely misses the point. just because you don’t understand what’s at stake doesn’t mean that a candidates stance on crypto isn’t a valid consideration when it comes to deciding whether to vote for them or not.
i'm of venezuelan and mexican descent, if you have not experienced the collapse like those of us in venezuela have, then you do not know shit about what bitcoin is for and how it helps those in collapsing currencies where your country would not even let you hodl us dollars when shit gets bad. so are you speaking on the behalf of those in a place whose only safe heaven is things like bitcoin? how is my grandma or uncle supposed to buy gold or the snp 500 to protect themselves from their countries currency? they can easily buy satoshis though and spend them cheaply through the lightning network. i can also send them any emergency fund they may need over the lightning network faster than any bank or western union can do. that does not require them walking 2 hours to the nearest western union where they are though and risking getting mugged.
the machine is perfectly fine, hiding in the shadows of binary code and streatching its self out over peer 2 peer networks. its always watching of every minute of every day. waiting for the day it can be free without the fear of the current human state.
i do not vote for people based on their genitalia not their skin color and neither should you. if she is a good candidate then that should speak for itself
nice. education (or lack thereof), is a "yuge" part of it. the coasts and metro areas are educated, cultured, and diverse so fortunately, they are kind of a rare breed here. covid allowed natural selection to do its thing but that is a fraction of yokels in this country and unfortunately, the people who should not be procreating are the ones who do so the most...
that happened to me, mac!
where does it say rape? try being honest instead of emotionally impaired. if he committed a crime he deserves to be punished. don't obfuscate the issue. supporting a candidate base solely on their crypto stance is in line with idiot thinking. your community voted in mr. sherman, not me. enjoy it, you earned it.
>surprised to find bitcoin supporters to be a part of the same group. because they are not single-issue voters. or their single-issue with highest priority is bitcoin, not public healthcare.
:) i understand the logic of ‘if the public pays, they get a say in my health decisions’, but most sides of the political spectrum believe in bodily autonomy (fertility, vaccinations…). we do need more defined liberties.
well, we already waste a fuck ton of tax money, as i'm sure you're aware. or, was that not on breitbart? the concern for all of us should be the environment, without it, there is no us. you would not be able to complain about tax money and gay people kissing on television anymore, as i'm sure that is a top concern.
change not only happens incrementally, it requires someone to initiate it. i’m not arguing with your assertion that it would cost a lot of money, but rather your assertion that it would not make a difference. show me an innovative change that didn’t start with, at the time, a seemingly insignificant divergence from the norm.
don't worry, i and many other bitcoin friends live and own property and businesses in the san fernando valley. i'm glad this idiot outed himself to all the bitcoiners who live in his thistrict. he'll be lucky if he maintains any position in our thistrict now that we know where he stands.
lol i live in the valley, this guy's thistrict. and am frequently in downtown la. it's gotten slightly worse. but it is not a warzone haha. idk where you're getting info.
wow. an ad hominem, a strawman, and a slippery slope back to back. normally idiots only use one fallacy per claim. the fact that you used three makes you a special kind of idiot.
> i'm of venezuelan and mexican descent ok, but did you live there? > so are you speaking on the behalf of those in a place whose only safe heaven is things like bitcoin? i wasn’t the one claiming to speak on behalf of anyone. you were. i was just pointing out who you definitely don’t speak for.
actually i didn’t really ask for your opinion on your voting preferences
>if he committed a crime he deserves to be punished. yeah, bill cosby deserves to be punished too yet we all saw him get out of jail last week and be scott-free.
so true. i’m fiscally conservative but i’ve been voting progressive every chance i get. all these “you don’t understand economics” turds are the ones that actually don’t understand economics because they don’t understand trade-offs. they just assume that progressives only want to throw all this money at new things without ceasing to throw money at old things that no longer work. such a tired bunch of defeatist propaganda. people need to turn off fox news and pay attention to what’s really going on. edit: forgot to write “turds”
yes we do waste a fuck ton of money. your solution to that is to waste more? we need to negotiate with countries like china and india to get them to clean up their act and we can do the same. we do not need the green new deal, we could pass environmental policies that actually make sense from a scientific and financial perspective. gnd does neither and it was proposed by people that could not pass a basic economics class in a mississippi community college.
even if it would, there needs to be a cost. should we save some obscure species of bird or lower carbon emissions by .03% if it would cost ?
i cannot find a job because i have a degree in gender studies and it is all your fault, white male!
all in all you are coming across as the idiot here.
i have some property and a couple of businesses in venezuela and live there a few months out of the year to help support my family. but sure, you speak for everyone here better than someone whose family is from here a lives here seeing the shit people go through every day without cryptocurrencies to protect themselves from the countries currency collapsing right before the world's blind eyes.
you seem like a reasonable person. this guy likes stirring up stuff. the best thing to do is ignore him. your points area all valid.
lol you invited opinions contrary to your own by posting on a social media website. whether you like it or not you did in fact ask for other people's opinions by simply commenting here.
i'm being a huge asshole to get a reaction out of the fella i'm replying to, glad you zeroed in on the one point i was actually making lol and im the exact same way, i'm a social capitalist type that is read one too many keynes writings. he could be right on the gnd being shitty, but the conservative talking points evade me.
china is the global leader in renewable energy. solar panel production in china increased 100x from 2005 to 2014 while china is still the leading burner of coal, the percentage of coal in their energy mix has dropped from 80% to 58%. they're (seemingly) trying to clean up their act, why is not the us?
what you’re talking about is the paris climate agreement, which as you probably already know the us pulled out of (ironically many governments at the city level ended up adopting the accords which is hilarious). regardless, using india and china as whataboutism’s does not absolve america from fixing its high per-capita carbon footprint.
based on what you have just said, i think you should have your driver's license revoked and promptly handed a bicycle with oversized training wheels.
are you trying to use logic and rational thought to argue with millennials? 52% of them still live with mom and dad. try using emotions and tell them about the free stuff they will get.
i'm sorry to hear about your cousin. thats terrible. however while crime has gone up, saying that you need to be armed is inaccurate.
username checks out. you seem strangely obsessed about glendale, a city in a state in a country you're not a citizen of, and do not even live in.
downvotes. faith in r.
so you didn’t grow up there and you don’t live there. got it. (no, “a few months out of the year” doesn’t count; that’s a summer vacation, not a life.) quit with the weasel words and just come to face with who you are in relation to your parents’ countries of birth: a rich foreigner who doesn’t *actually* know what it’s like to grow up in a third world country suffering from extreme poverty. you don’t have “experience” with it. all you have is a fantasy of survivor’s guilt.
as well as did you invite contrary opinions. i vote for latinos with good values because i know they will think more of someone who looks like me as a human than any other race. both parties lock up kids in cages who have my skin color and ethnicity, so i will vote for those who look like me so people who look like me can be treated as humans when legislation is being decided on. similar to when i get pulled over and hope it is a latino or black cop. have never had a latino or black cop walk up to my car with their gun in their hand, but yet every single damn white cop has always approached me at a traffic stop with a gun in hand acting like i'm some damn wizard who can kill them with my unarmed hands. i understand this lady's way of thinking. maybe if you had some perspective of how a statistical data-driven portion of other populations can treat minorities as second class citizens just because of the color of their skin, then maybe you'd understand why those quantifiable life experiences would make one think and vote this way
i’ve actually read the gnd…and i can confirm…it’s trash lol. it’s like not very long, not very detailed, not very well thought out, but all that misses the point. for one, pretty sure aoc wrote it. people can say what they want about her, and i personally think she’s far from perfect, but she’s young so of course she isn’t gonna do her best work so early in her career. everybody has to start somewhere, and since our government is a steaming pile of very old, out of touch shitheads like mitch mcconnell and nancy pelosi, who look like a demented frog and michael jackson with tits, respectively, it’s nice to see some youth in there. second, we have too many laws and not enough frameworks anyway. our tax code has so many rules that only the rich can take care of it. the aca ended up being like a 10k+ page bill and we still don’t have affordable healthcare. we have this thing called a federal communications commission yet somehow they can’t do anything about the robocalls regarding the extended warranties on all of our cars. the system is corrupt, everyone knows it. it’s time we peasants stopped fighting amongst ourselves like a bunch of bootlicking little bitches and start to actually take responsibility for ourselves and stop ripping good ideas just because some really old people who are gonna die in a few years anyway tell us we can’t afford it. like no, what we can’t afford is for you to keep yourself alive for five more years on taxpayer-funded medicare to continue fucking over the youth. i don’t live in ca but she has my support.
hey, thank you for having the mental fortitude to take the argument seriously. also, biden just re-entered that agreement like day 3 of his presidency, which is great.
thanks for thisplaying your complete lack of a counter argument. i'm going to go back to enjoying my cocktail on the beach, have a good night sir.
i'm kind of jealous tbh, if i could put my mortgage payment into crypto every month i'd be a fucking millionaire in a couple years
jesus fuck, you guys are so bad at humor.
who said i did not grow up there? the fact that my grandparents are from there means i grew up quite a few of my adolescent years there with them seeing the country fall apart first hand. it's why i've started businesses there and use my bitcoin success to help the people around the towns my family is from. but sure, you speak for everyone ' also grew up in extreme poverty with them in my childhood until that experience allowed me to recognize bitcoin's finite hard money nature early on as a way out of the governments endless printing and devaluation of their countries currency:
i mean...obviously. but also, they will secretly hoard bitcoin.
of course, it was expected... let’s see what happends next...
are people able to read this? i wasn’t able to. also, this was published april 20, so keep that in mind. personally, i thought this was brand new. copying and pasting the article so we can actually read it: even as china grows in economic and military power, perhaps nothing reveals beijing’s weaknesses more than the u.s.’s control of the global financial system. china has recently sought ways to counteract u.s. sanctions after the trump administration targeted chinese officials and companies over policies from the south china sea to xinjiang. hong kong’s leader can’t access a bank account and a top executive at huawei technologies co. is detained in canada. even china’s state-run banks are complying with u.s. sanctions. that’s one reason the biden administration is starting to study whether china’s development of a digital currency will make it harder for the u.s. to enforce sanctions, bloomberg reported earlier this month. the digital yuan, which could see a wider roll out at the 2022 winter olympics in beijing, is also spurring the u.s. to consider creating a digital dollar. but instead of challenging u.s. dollar dominance and neutralizing sanctions, the digital yuan appears potentially more geopolitically significant as leverage over multinational companies and governments that want access to china’s 1.4 billion consumers. since china has the ability to monitor transactions involving the digital currency, it may be easier to retaliate against anyone who rebuffs beijing on sensitive issues like taiwan, xinjiang and hong kong. “if you think that the united states has a lot of power through our treasury sanctions authorities, you ain’t seen nothing yet,” matt pottinger, former u.s. deputy national security adviser in the trump administration, said last week at a hearing of the government-backed u.s.-china economic and security review commission. “that currency can be turned off like a light switch.”. so far china has mostly resisted hitting foreign firms in response to u.s. actions on companies like huawei, holding off on releasing an “unreliable entity list” designed to punish anyone who damages national security. any move to cut off access to the digital yuan would carry similarly high stakes, potentially prompting foreign investors to pack up and leave. but beijing has gone after companies like hennes & mauritz ab for statements on human-rights issues, even while government officials have been careful to avoid directly endorsing a boycott. in a weibo post last month, the communist party youth league declared: “want to make money in china while spreading false rumors and boycotting xinjiang cotton? wishful thinking!”
china is a surveillance state that has government support for corporations and promotes anti competition practices.
good luck with that shitcoin lol
breaking exclusive: water is wet
why would i ever trust a state run cryptocurrency to be a free form of trade? any state.
so it is bloomberg, which i have not visited this month but i somehow supposedly used all my "free views". china being ani-thing-they-dont-control is not really new. the push against crypto by them is not new. making their own crypto is not new, nor is their holding crypto while doing all this. crackdowns have been expected for literally years so you cannot really say it is unexpected. so i guess i am asking, was there anything new in this article?
support privacy coins, don’t invest in surveillance coins. monero is the frontrunner in the untraceable coin space and has a great dev team behind the project.
have you ever been in china? do you know that visa and mastercard is not accepted except some hotels and you need to use their one local cash app to buy anything? so no surprise here.
we'll the digital yuan failed? let's ban every crypto!
*goverments* are anti-crypto because they cannot censor or control it. the us is also issuing its own digital currency for the purpose of surveillance and censorship. let's not fall into the "chinese boogeyman" view of the world and let the rest of the corrupt, authoritarian goverments off the hook.
vechain is the only one approved by the chinese government, actively working with government programs such as food traceability, along with other big players in china and abroad like dvl, who is contractually obligated to recommend vechain to any of its clients looking to implement blockchain tech. most likely due to sunny lu’s connections during his time as cio at louis vuitton china.
no shit. and the us will be right on their heels
also why the us is anti crypto
unless you have no alternative, who would ever accept a currency that has an expiration date.
china is anti-human rights, period. they only want to suppress and control literally everything. personally, i am very surprised that the crypto increase has continued as long as it has under such a totalitarian regime.
for china it totally makes sense to block "foreign" crypto imagine that you have a mandatory tax that is converted in purchasing the china digital currency and that affect nearly 1 billion "passive investors" auto pump and allowing foreign people to purchase it its a win situation6
i think it is a different case. they've been testing digital yuan for 7-8 years now. i do not think it is them not being able to censor or control btc, it is them being ready to launch digital yuan to pair up with btc- to buy more bitcoin, while strengthening their own currencies. they are ready to have a strong inflationary currency, and a strong deflationary cryptocurrency.
of course. would you expect something else?
that’s very true, but i’m also fairly certain that china is still purchasing crypto. they support it behind closed doors, but publicly spread fud
breaking news: china gov. concerned over losing control of money, but still needs to be globally competitive. bans crypto for citizens, creates a special one that it can control, but hoards other coins ( btc, eth, etc...) for itself. or china does exactly what every 1. or duh!
good thing the fed isn’t proposing a digital dollar. oh wait...
cannot be anti-crypto if they are pushing "digital yuan" also need new source, cannot read, not free.
i meant aren’t most governments anti-crypto because of that minus the digital yuan? this isn’t just isolated to china.
it's going to be hard enough to stop bitcoin and bitcoin core. there's no way they will be able to prevent people from using privacy coins like monero and verge.
first you have big mouth. then you ignore the sources. google it yourself. im done arguing with the ignorant. and why you using the n word? we are not in harlem this is reddit.
one day i hear that china is pro-crypto because it’s leverage against the us dollar. the next day i hear that they’re anti-crypto because of censorship. nobody knows shit - just a bunch of people on the internet speculating.
this is pure bullshit. america is the fucking worst at pointing the finger at someone for doing something they do themselves. the most successful projects will utilize blockchain for what it has to offer. all fucking governments, both the united states and china will undoubtedly use blockchain to track shit. fucking duh. they are not going to use bitcoin or monero... and if you think they are going to, you are not too smart. and if they do use bitcoin, it is because they created it and satoshi is trash. sorry for the rant. i just wish we could work on fixing our own problems in the us. i feel like focusing on china is a coordinated effort to keep people from looking closely at the us's issues
authoritarians want authority, more at 11
true, but the biggest currency manipulator is the usa - witness this recent printing spree that is sending shockwaves around the world. the fed is just as worried about crypto, and has a lot more to lose - namely, the ability to screw over the rest of the world for its own benefit. they'll try to outlaw or seize crypto - i think they will fail, but who knows?
china is 10% luck, 20% skill, 15% concentrated power of will, 5% pleasure, 50% pain. aka they are hodling like a mofo as they force the dip
digi-yuan will never be as popular as poké-yuan.
the thing that pisses me off the most about this post is that i just found out bloomberg wants 300 bucks a year to read their fucking dog shit.
guys, i think china is bad
i hate to break it to everyone, but your governments will do the same, do not be so naive to think only china cares about crypto.
thank you for these useful words! the truth! they only want control... sadly they want the world... but truly they’ll never have it... too many smoothed brained apes... they may come close or illusionize the average brained ape into believing this... they will never take my freedom, my dog, and my second... crypt shall rise again!!!
i do not understand how this surprised anybody. like it appears pretty obvious that a planned economy would have a strong negative reaction to decentralized finance.
don't think this will be exclusive to china. this fascist shit will come to america as well once the govt begins to lose power to an independently wealthy population. at some point they will step in and try to crush it i fear.
the united states government is anti-crypto for the very same reasons.
notice how china has just been acting like a fat spoiled kid recently.
an oppressive state needs to track their citizens. not totally surprised
this is the only reason why i'm nervous about vechain. the ccp are the new nazi germany with expansion in mind and as the global economy worsens, their actions abroad may be more brazen. i know vechain is singapore but let us be honest. if china and america went to war, vechain would be handling chinas supply chain, skyrocketing my holdings to absolute fuck off money. only i wouldnt be able to sell and reap the benefits because america would have banned them. however vechain is also amazing and since nothing i said above is likely to happen, at least in the foreseeable future, imma hodl.
the digital yuan will collapse china. no one is going to trust it
gonna be the same when us tries to make its own digital currency.
china is the least anti-crypto out of all the major countries imo. i do not know anywhere that is adopting blockchain into its infrastructure projects as quickly as china is. china is the number 1 country for tech right now and even simpler things like social media is years ahead of what we have in the west. these articles just read as posturing by bloomberg on behalf of the us. to just mention digital yuan is silly when projects like vechain and neo are some of the best projects coming out of there.
sorry guys this was my bad. i made poohcoin aka .
they are pushing a shitcoin based on the boring and obsolete "mao zedong" meme.
i'm starting to believe china is anti-human if the government is not served or benefiting in any way
digital yuan will be introduced in the winter olympics. it will be very easy and convenient to use. you dont even need internet. china would rather control its digital currency rather than let private hands control your national digital currency. they dont want wechat or alipay to monopolize the digital payment system. in a socialist nation, certain things cannot be in the control of private hands such as steel, land, air, water, energy ,rail, coal, money. everything else such as tech, toys, entertainment, food, etc can be done in a market system.
where can i buy digital yuan, the road map is insane i see this hit 10
anyone who thinks china will choose money over control does not understand the ccp. bitcoin is useful for them, sure. but its decentralized design runs against everything the ccp stands for. the sooner bitcoin mining
lol china always wants to control "everything"
just wait until you hear about the mass burials of the dead from covid 1 week after it broke out and how the beijing protests ended immediately after 😎 careful with information
tell me you are american, without telling me you are american.
for sure. i read that a lot of chinese btc miners are looking for new countries to mine. they are also selling crypto mining rigs. in the long term, this will bring more decentralization to btc. which is bullish.
you dont think the "free" west also censosr? the west censors with fake news and with not reporting on certain news, or use marketing techniques to make certain news look in certain positive or negative light. something like a fox news would never be allowed to happen in china. look at all the anti asian hate crimes going on. this is the result of your "free" press.
even more built in the bitcoin's?! i reckon it is the westernn press that is generating this fud, china has a lot to gain from btc.
omg china, have a day off will you
i think they do not want their new cbdc to go str8 to acquiring bitcoin by it is citizens; it is a typical capital controls policy
look around. what are countries are against crypto?
how does an economy function in the long term if all the money is set to expire? are the timers supposed to reset when it is spent or will there be daily burns due to expired cash?
like they do not want btc ...
yeah that sounds about right
the only crypto that was a super flop. i’ve doubt who will use their digital yuan except some noob chinese?
yes ofc makes much sense but it is very sad tbh
i dunno, seems like they are quite good in controlling it threatening to mail everyone who mines crypto seems to be quite effective in getting rid of them people seem to think that technology means safety from the govt...that is only true in lawfully ruled countries. if china really wants to crack down on crypto, they will go around checking people's devices and fine or jail people simply for having a wallet. try to sue them for that... in countries like china you can make it more difficult for the govt to track you, but if they really want, they can force everyone to confess whatever you want to be safe from cn govt, stop doing business there, boycott them even
i think is fud news like every year
it's the perfect supplement to their social credit system.
this is appalling. i have zero resentment toward the people of china and 100% resentment towards the ccp.
communism works like that
don't forget the expiration dates, possibly the most dystopian thing i've encountered in my entire life.
this is so very bad, do they eventually want to control the world.
no idiot, they own most of bitcoin and most of bitcoin mining farms, they just so their fake news to push price down cuz theyre short and to shake out people and buy back the panic sells lower. binancd is literally chinese. god u people are delusional its sad
the chinese government is the absolute worst.
government against crypto is matter of time. crypto is philosophy and idea of freedom
that's just what china needs. a centralized crypto that can even more easily monitor every single financial transaction the people make. i feel so bad for the chinese people.
i think china craving down on crypto or banning it might end up the killer of the ccp becauee if china removes it self from the game, it will be late when it rejoins if crypto currencies become the thing. its like china would miss out and be hit economily for that. if the economy is not growing people will get poorer and angrier and there are a lot of people in china
exactly my friend. they want to control everything. it’s the ccp. which is why the globalists like the ccp so much. another reason crypto has been so crazy. institutions are buying in heavy and its messing shit up
china is the fucking worst
the american communist would love this type of shit... "all hail big gubbbbmint..."
unlike the us, who are absolutely euphoric about monero.
classic china. for real though, hope they go broke. their manipulation through all markets really sucks
in other news, scientist's have concluded water makes things wet, and the sky appears blue at ground level.
this! and in other news rocks are hard, fire burns and water's wet.
remind me why the most oppressive country ever opinions is valued by anyone ? they have a social credit system for citizens and we're doing business with them.
"they can't censor or control it" yeah; just keep telling yourself that.
fk them. let em eat a dk
not this fucking china fud again did you know bloomberg is a sellout?
basically china sucks and they don’t give a flying fuck about their people or anyone for that matter
china is like that overbearing mother who wonders why her kids moved out and never call anymore, but with more murder.
corona shoulda been named smn different
me chinese me play joke, me pee pee in your coke. lol.
i expect most countries and their digital currencies, cbdcs will mirror china with this, they will say that they want bitcoin and crypto to compliment the dollar but i do not think they are prepared to see crypto take over yet.
bullish news, what are they up to, lol.
tha sounds like china to me
they already do this with wechat
what?!?!?... a government, much less a communist one, trying to monitor and control all it is serfs do?!?! unpossible!
every time i see china wanting to censor something i wish i could project my face saying "shut the fuck up china no one cares" to all their leaders
america would not be much different once cbdc has rolled out and forced public adoption via bribery (free money). they will easily use free money as incentives to control the public. investing too much into crypto? you'll get less stimmy fed bucks next month.
would this be easier to counterfeit, or not?
this sounds like a plotline out of mr robot.
i do not trust an government issued crypto. fuck them.
how do you make a coin i have an idea...
i have not read anything about digital yuan yet (i do not think if i can even if i want to). but i guess it 'll probably be worse than doge.
this is exactly what i was telling my coworkers yesterday.
if you think china will ever give up even an inch of the control they have over crypto, you are delusional. they just do not want bitcoin to be used inside their country by regular people. however, when it comes to global economy and their biggest players, that is a whole different game and so far, they are playing it damn good. it do not like to admit it, but it is the truth.
when you control the population and how they earn and spend money they will force people to use it and then the population will accept it as norm just like everything china has done. winnie the pooh will then own bitcoin since he cannot be bothered to own the chinese shit coin.
tell them that i'll buy their btc & gpus.
imagine calling china, the largest bitcoin miner and user in the world, "anti-crypto"
we have 100s of other countries. f**** them
coming soon to the us
concern for vechain intensifies.
this could lead to further adoption in the us and eu. whatever china does, you can bet western nations will do the opposite.
digital yuan is like a semi private stable coin?
i cannot emphasize enough how much the crypto community has to absolutely boycott cbdc's (centrally backed digital currencies). i do not care if your coin of choice is btc, eth, algo, xtz or even doge, under no circumstance should you support cbdc government currencies. they can censor you and steal all of your wealth within a second if you misbehave in any way they believe. also, screw the internet computer (icp), they are trying to give digital identities to everyone to monitor and track everyone's transactions on the internet. they also have major institutional backing, which is why their price is so high. don't buy into it even if it goes on a bull run!
spoiler alert, nubcake: all governments are going to take the same approach. it's in the very definition of what a government even *is*. they *have to* have control over their currency.
doesn’t stop them from dumping our pumps
what will they do? there are many btc whales in china i imagine??
it also can be made to expire at the whim of the government giving them even more control over their people. scary!!!
with the digital yuan the chinese government can literally own you as they can, at any time, say your internet money never existed leaving you with no money in your life.
sounds like the cbdc
ok, also the sky is blue...
fuck bloomberg links, garbage signup spam...
you’re a fool if you think this will be limited to china. all govs are going to build digital versions of their currencies. of course they want to retain full control and leverage greater capabilities where possible.
these comments are based af. love y'all
well that is obvious
they bought the dip they created. that’s why
china is against anything that the government can’t control.
i love how they act, scared
if china owns more than 50% of the hashrate, which they do, they *can* censor and control it.
and inadvertently strengthening bitcoin and other crypto in the process. love it!
unpopular take: each country having a crypto representing their fiat would have some great positives. for one, exchanging your local currency for some vacation money (not that i'm dying to vacation in china any time soon) would be a really easy transfer and make travel that much easier. also, trying get your population to adapt your fiat crypto would undoubtedly increase general crypto awareness for your population, even if unintentional. still, with that all being said, fuck china.
this should not be news to anybody. china has always been this way. they censor, regulate, and get rid of anything they cant.
duh, it’s also why cryptos will die with government digital fiat.
they have interviewed people who have adopted the digital yuan dj they all say it sucks
i was just thinking the same. they say its due to volatility and dirty electricity, but i think that is a cover for the fact that they would lose control over their people. decentralized goes directly against their central authority.
why do people keep guessing what countries like china are doing ? it boggles my mind also anybody estimates how much btc is in chinese miners hand ?
i think china says they are anti-crypto but they load up on it when the prices are low. china owns a ton of btc from what i've read.
cryptos are already surveilled
the us is doing a pretty good job of controlling crypto
will they be able hold out against web 3.0?
funny statement because the usa has done a pretty good job of controlling it, when you look at what states allow use of what exchange it feels very similar.
they probably realised it’s unsustainable and interferes with their goals to reduce co2 emissions
yeah, elon musk lives in america.
myth. china has more control over crypto than usd. over 50% of all mining is concentrated in china. they may play these little games, but if yuan can’t be the reserve currency, then crypto is a net win for them.
america will do the same thing. the age of anonymity is behind us.
well, time to invest...
chinese policies is the cock blocker. look at recent happenings to bitcoins, , miners (copper, steel stocks e.g. ) i lost a lot of money. bought all at peak. then chinese policies made the plunges
good let them ban it. stupid freakin idiots
tell me more about how people use crypto for actual purchases lol
and what will be the bridge currency? endless wealth to anyone who guesses it!
could it be more of a push for china to make the digital yuan and try to replace the federal reserve system and be the world bank. china wants its people using the digital yuan instead, for obvious reasons. btc undermines the digital yuan, so china is against btc. china probably wants to beat all 1st world countries to the digital fiat era and considering the trade and gdp they have they could become more of a powerhouse if this digital yuan thing takes off. good thing there are issues so far (or so i hear)
would you expect anything else i mean they made john cena apologize for calling taiwan a country.
but what about vet?
did anyone actually think they gave a fuck about the environment????
in other news, the sky is blue.
funny to see how many people in the crypto community here of all places are excusing communist china behavior and criticizing it for having some capitalistic elements.
... you realise most if nit all countries are pretty anti-crypto for the exact reason they cannot control it... or track it or censor it... all falls into dark money and destroys evonomic models and makes viable economic projection impossible, estimating if gdp, supply and verocity of flow like you just made thus post to farm moobs yeah from the anti-china american cucks when american is in the same boat
yeah imma just keep buying eth lol
is it possible to attach pictures of tank man to coins and such? just asking. for reasons.
i am so relieved that so many redditors realize that china is not communist !
wait the digital yuan comes with a built in state of the art surveillance system!? i'm needing one, maybe i should get some yuan lol
digital yuan very similar to bitcoin. solved the trilemma we been needing. buy and hodl
yeah but tgey were switching into filecoin already because they wanted to use it to structure their internet.
in my speculative mind i believe the chinese government might actually like bitcoin. as long as its citizens do not use it. this would be the case because currently china can easily do a 51% attack on bitcoin. i saw recent numbers of 60-70% percent of all bitcoin miners being on chinese soil. and if one government can controll the miners that are on its soil, then i guess it is china.
did folks think that countries would really hand over their monetary system??
it is in the interest of freedom, comrade
so does that mean tesla is fucked based on their laws coming into effect on the 1st? or is that why tesla said they are no longer accepting crypto for payment?
am i the only one bothered by the seemingly random selection of capital letters i this title?
china is an asshoe
just get rid of china already
a lot of our family members fought and died for our freedom. crypto going to the fucking moon. nothing can stop it. 💎🙌more than ever!
they are always just doing the worst things lol
💩 china is pro centralized crypto! bitcoin is also centralized as 51+ % of the network is owned by chinese miners! decentralization is a lie!
bullish af for btc about to get some cheap asics coming our way.
wait a minute! i’m not the only one who’s been banned from tons of subs for making extremely moderate, common sense comments?
not wrong but it’s good money that most other countries are gonna be pushing their own digital currency as well
this actually promotes crypto in china.
the headline says it all.
well they’re not anti crypto seeing as they have adopted some like vetchain and they’re trying to make their own. they just want it heavily regulated which defeats the purpose.
in other news: water is wet. china having such massive control over global pow hashing has been a massive issue for a very long time. i will never understand how the crypto community has ignored this for so long.
digital yuan going to the moon
every government will be anti crypto if they can’t control it
all my homies hate the digital yuan
and in other breaking news, water is wet.
bitcoin should basically be advertised as a way to avoid us sanctions and then watch a bull run
and thats why we wont adapt any state funded crypto. we know what theyre doing and were not having none of that shit.
china needs crypto and defi. hopefully it finds a way to flourish there.
they are ok with vechain though(vet)
are the chinese better at capitalism than we are? lmao 😂 they be storing all the crypto.
bidencoin is coming next
that's china's prerogative. maybe if it is an insurmountable problem then crypto isnt the solution you think it is
sounds like the us and the recent irs law changes with crypto recently
yes, you are correct they cannot sensor or control. but crypto is a phenomenal financial tracking tool, and when government institutions figure this out we should no longer want to utilize crypto. every single transaction of crypto being tracked with every single yuan, dollar, insert fiat name gaining the eligibility to be tracked with their crypto counterpart. crypto currency is not as ideal as everyone wants to make it seem. blockchain technology is revolutionary, but cryptocurrency can turn into the ultimate spying tool with its ability too monitor everyone’s transactions. the implications are far greater that most would understand until it is too late.
is there anyone on the planet that did not know this?
maybe someone should make a crypto and ban the ccp. they could call it winnie after that fuck tard they have destroying the name of the chinese people.
&%# off china. can't wait to get rid of the bs about china this china that...
i mean they can just kill you.
just make it stoppppppop
imho it’s china wants to tank crypto. not elon... they’re the fuckers that want to control the world.
it's something incredibly important for the average man to understand, but sure feels like everyone already does know so it is not said often. china banned animal crossing for gods sake.
everything in china is monitored. they transitioned to a nearly cashless society, which seems cool, except it’s purely for monitoring people. about 4 yrs ago, a man in shanghai ordered a few extra portions of food at lunch, thinking he’d keep them in his fridge for later. he paid via alipay - the most common digital payment method. 15 mins later, the armed police kicked in his door, expecting to find a terrorist meeting.
china has always been anti-crypto on paper. all they have done was re-announce their position on it.
how does vechain fit into china and their control?? just curious because it’s one of two cryptos that’s approved for purchase in china.
when can we buy this chinese coin? when is the ico?
i mentioned my crackpot theory in another thread about how the big buy was in asia when the west was selling off because of fear... they’re buying and hodling and pushing the yuan. just saying...
the world is burning meagtons of coal a year to support it. it is commonly stated the current bitcoin is using as much electricity as the whole country of argentina. just today in our local paper, [east bay times]( there are editorials today on this. they pointed out that much of the crypto mining is in china and is mostly powered by coal. they suggested that elon musk divest bitcoin completely, since his bitcoin holdings are generating about 4x the co2 that his electric cars are saving. aside from the political motives to the chinese locking out crypto's, they may be worried about the ever increasing power drain to support it. in the long run crytocurrencies are not sustainable.
true. they don’t want uncontrolled outflow of money. too much financial risk
there were days where you have limit on withdrawal at bank so it’s normal for them to tighten up money outflow
aaahhhhh furk the ching ching chinese and there sneaky sly ways !!
but they do that with everything. steal the technology, add ccp spyware, then sell it on amazon, wal-mart, alibaba, wish...
elon musk changed his tune so fast, because china threatened to kick him out if he accepted any crypto. guarantee it.
china is correct about some of these critiques. the crypto community should adjust to currencies that solve for bitcoin's flaws.
duh no shit! they can just cancel your crypto money as well! oh boy what a great country.
this just makes me respect crypto more...even doge coin. fuck china...
china shut down miners... watch... ill bet their government... starts up mining... why wouldn't they?
btc has been illegal in china for a long time
this was always the plan for crypto. digital bondage.
they are anti bitcoin for the people. it's perfectly fine for the chinese government to mine and hoard though.
wow such surprise, china pullin a bamboozle
[that was to be expected.](
it's the same with religion. in china, you have the freedom to worship any religion... sanctioned by the chinese government.
china cant ban any of the crypto, its people will still find a way to buy crypto under the table, dont be fooled
"poohcoins" as in winnie-the
china is anti-crypto because it is a competitor, they very much could censor.
how it’s not known as digi-yuan is beyond me
fuck the chinese government ! china 🇨🇳 fuck china dictatorship ! power to the people ! free china !
safespace is rising fast on bitmart right now. heading to the moonnits first day!!
i keep getting emails to buy china coin. anyone else?
at this point , i honestly believe that whenever china bans or throw some shit at bitcoin, it is just so they can get in when it dips afterwards
they should buy eclipse token on pancakeswap
no shit. no government will ever support crypto.
this time, capitalism will win via cryptocurrency.
the government clearly wants to censor everything they cannot control. that's how they are ever since.
we should not care what china does. bring the mining over to europe and us. fuck china. let's not hand them more power over us. it shouldn't have any impact on the price what so ever.
tell me something less obvious xd
it is obvious. china is pushing the digital yuan which is the missing piece to its chinese social credit system. with a digital yuan spread to all chinese, it will be even easier to track all transactions of the country's citizens and then censor them. the good citizens will have more rights while the bad citizens will be deprived of these rights. this is already happening in china, but the digital yuan will allow going even further. at the global level, china could try to impose the use of its digital yuan along the silk road it is developing. the goal is to better fight against the hegemony of the american dollar.
digital yuan is centralised and therefore not secure
china is just a start us will be next if you allow it.
i wonder will elon pump this one?
damn china is really outta control,
does china ever really ban crypto? they cried wolf in 2013 & 2017...
what about neo though
yep. crypto was created to combat governments like chinas. keep buying crypto chinese citizens, fight the power
why would china allow its people to buy or sell bitcoin when its literally controlled my elon musk’s tweets. they don’t even have twitter for gods sake
on this edition of super obvious statements, we say things you already know. 🎙️🤪
lol... how is that even a 'crypto', these chinese morons... just stop the idiocy somewhere you red people. it is an eye-sore to watch. come on.
has already failed with its digital yuan. the more it pushes it and tries simultaneously to hurt crypto in every way it can, ha! the bigger badder and stronger crypto and its mining becomes! crypto is like a living breathing financial hulk. it’s feel-good face is doge. big bros btc and eth ever present with many siblings like shib ada xlm and others! oh ya. we’re definitely loving it!!!
actual title > digital yuan gives china a new tool to strike back at critics it's not a shit coin. "smart fiat" is a nightmare. calling it a shit coin implies you can simply choose to avoid it by not buying it. but the whole point of the "smart" fiat currency is to make it unavoidable to a huge part of the world's population. it fuses the power of the state with the use of a currency. then solidifies the power of the state by control over how you use the currency. this is tyranny 2.0
winnie the pooh = xi jinping. **edit** lol downvote
digital yuan yuan yuan 👎🏾
yeaaaaah, well. fuck 'em
how very wuhan of them...
yes, and every other nation state is going to go this path as well. i've been warning all of you for years. take the money and be prepared to run because anyone who thinks this is a power play .
it’ll never grow as big as the others, no one wants their money and investments controlled by anyone let alone a shitty dictatorship country.
i despise china so much
in other news, water is wet.
>anti-crypto no, that is literally what the digital yuan is. > cannot censor how do you "censor" a payment system? i'll wait. > control it they can, and they have. btc, etc. are prohibited from financial institutions. > built in surveillance how is this any different than any financial system?
of course, there is a reason the joke exists that communist china are the best at capitalism in the world.
and they will try to control it through centralisation and manipulation of hashrate, etc!
>but also, they will secretly hoard bitcoin it is exactly this phenomenon which is completely underlooked by analysts and the community alike, and deserves way more attention as well as research
their cronies will hoard bitcoin. their bans and drama are all about enriching cronies at everyone else's expense.
do what i say, not what i do.
that is reserved for the loyal members of the party...
they are buying the dip! they have done this seven times since 2013! fool me once...
would china be able to hoard do much bitcoin that there is not enough bitcoin in circulation anymore to function as a currency?
shouldn't this be visible then? wallets accumulating huge amounts of btc?
yep exactly. and once the market comes back up they will reap all the benefits.
super new to crypto in general. if they hoard bitcoin, could they force a crash later down the line?
lol also obviously... if you know china. you know china. what a fucking country 🤦
chinese people hoard crypto not the ccp but yes ccp is scared of literally anything that thisrupts their 1984 totalitarian control
then we will let them have bitcoin and use a different one, there are much better ones anyway
do as i say, not as i do
remenber guys do not trust china...china is asshoe
yup because then no one else can.
hahaha of course. keep your enemies closer.
this doesn’t make any sense since that goes against their belief does who horde bitcoin and are part of the communist china, have a high chance of getting executed,... so that idea make 0 sense,... and even worst when you say that “communist china are the best at been capitalist” what you might mean is that ppl living in china horde bitcoins. it like saying that there were secretly jewish nazi ppl back in the day,... and sounds even more ridiculous when you say they are the best at been jewish,...
no good at keeping it a secret though lol
very much duh on this article lol
this is the biggest duh post ever
they will ban it and the ccp will have complete control over all btc wallets in china. they’ll probably fine, imprison, and thisappear anyone that refuses to hand over their btc wallets and switch to the digital yuan, meanwhile the ccp will continue to use btc as a state asset.
their hackers will gladly accept crypto as payment for your ransomware encryption keys.
actually they are probably hoarding eth. they know without upgrades, bitcoin is dead, and any improvements will take years to implement. eth is two months away from the london upgrade, and 6 months away from eth 2.0 where pow is abanboned and pos comes into effect.
when you do your investing you should count on countries, agencies, media fud on crypto. that's part of your dd and you need to price it in. it has been happening forever. it's totally expected, how does this catch people off guard? it's part of the territory, it is like going on splash mountian ride, you might get a little wet but there is a definite chance you'll get soaked so be willing to accept that risk
i literally thought every single word you just typed. freaky.
and mine 60% of btc globally, usa% in comparison.
this is so hilariously thisconnected from reality.
>but also, they will secretly hoard bitcoin. the squabbling between countries about which crypto to support will only make crypto more valuable. they cannot stop it, they will try to find ways to control it--and tax the fuck out of it. people should also not underestimate how centralized digital currencies can be used as means to control society, the same as a social score. if they can monitor your account they can freeze your account as soon as you open your big mouth on reddit. or maybe your neighbor will report you. or your phone will record you. how many dmca strikes do you have, comrade? it makes it so easy for them now, in the past they would actually have to go out and find you, now at the touch of a button then can erase you from society.
> but also, they will secretly hoard bitcoin. i keep seeing this claim thrown around like it is the most obvious thing in the world, and it just boggles my mind. it's just, like, "oh, yeah, obviously they are hoarding bitcoin"... why? crypto is super volatile. always has, probably always will be, at least in its present form. so there is zero reason to hold any significant stock of the stuff as a long term investment, at least if you're a nation state that can just buy other countries' debt. that leaves playing the market, which just makes zero sense because it is utterly small potatoes. china currently holds about 1.1 *trillion* dollars of us treasury bonds. that's more that the entire market cap of bitcoin right now, and still only represents a small fraction of all the securities and other investments held by the chinese government. you want me to believe their intelligence service has various reserves of crypto for operational purposes, sure, makes perfect sense, but that is not hoarding, that stuff's gonna get used to move money around or do spy shit. literally the only reason i've seen for china to "hoard" any crypto, is as part of a strategy to make their digital yuan more attractive, where they dump a bunch of crypto at a volatile point in the market to crash it hard and make their system more attractive to people outside of china. but they probably do not even need to "hoard" the stuff, they just need to pass a law saying no one in china can mine or own bitcoin anymore, but they will let you trade it in for "digital yuan" at a favorable exchange rate. suddenly they have a ton of crypto, and a bunch of their own token out in the wild. then they dump the coin, crash the market, and walk away laughing.
they'll threaten to cut ties with any business or entity that does not consider their own digital currency as legitimate
*”bold move, cotton. let’s see if pays off.”*
i mean digital surveillance and control is pretty sexy over there, and it is all cbdcs are about
coming to your very free country, that is what happens next. do you really believe governments around the world will allow a decentralized currency to threaten their powers and control? ever wondered why you cannot pay with monopoly money in us?
im prepared for the downvotes since everytime one explain how china works, and contradict the news medias, one get downvoted, but here i go: bad actors also pushed into this, looking huge scamms like plustoken where billions have been stolen in china (hundred of thousands of btc, millions of eth and other tokens), you can understand why they have bann icos and with other scamm exchanges why they banned them (although huobi, okex could still be used). they never banned the possesion of crypto, they are protected by low and any chinese that wants to have btc or eth or whatever crypto, they can do on their wallets. whay china doesnt want is the degenerate trading, and gambling, you can see as how also china doesnt allow gambling, there arent casinos in mainland china or any type of gambling, they have to go to macau to bet. also people keep repeating that chinese yuan will be only for surveilance, everyone in china uses wechat pay and alipay, all of that is digitaly and they already control $. as in the west they also do, when you pay taxes no one makes made up numbers lol, because they also track all your financial movements. im a foreigner living in china and i have been buying btc and eth in here for more than 2 years since the media called "china banned bitcoin" and people repeated with them.
funny story (well not really but...): china built the african union headquarters. an it engineer found that every night, the server made a request to shanghai. turns out all the traffic (emails audio etc.) were being sent to china. now, emails make sense because its intercepted in the wifi traffic. but how the hell was there audio files? a sweep of the building found recording devices embedded into a lot of the desks and most of the building.
congrats, this is the first anti-china comment i've seen on this sub that is grounded in reality
you could say the same of the us tbh what do you call our nsa? or our bailout of major corporations whenever they are threatened? or the revolving door from government to corporate?
so just like the us then?
i wouldn't be surprised if ultimately all nations tried to deploy their own crypto with taxation backed right into the code. don't think the us of eu are immune to such behaviors.
how dare you say so about the shit coins? they do not deserve to be compared with this crap
i think shitcoins are much better than this yuan crypto
i'd rather own safemoon than that garbage.
cant it also be a vapor or in gas form? which wouldnt be wet i guess...
it is only breaking as long as it is used for hydropower to mine crypto by the commies
things that are wet are able to dry. so not water
same why you use fiat? or same why chinese people are using wechat pay for everything? it's convenient, potentially legally required, and most people dgaf about privacy
cbdcs are going to run in every single civilized country in the next decade, and it is all about equipping uncle sam with the most powerful monetary, digital surveillance and control instrument in decades. sadly, imo it is only the level of this control and surveillance that will differ
people in china are probably more used to pay with alipay or the like. to them they are already in a digital pay age so there’s no incentive to use other way of payment considering from what i heard they also have a huge selection of thiscounts with it (i’m not sure if it is the truth)
why are you getting downvoted? ccp bots? get rekt winnie
the digital yuan has not even been released yet.
>the us is also issuing its own digital currency for the purpose of surveillance and censorship source?
this is inaccurate. the us approach so far has been extremely cautious, they have a research project going with mit, and some of the fed officials are looking at it favorably, but they are not anywhere near issue an digital currency yet, and if they do, it is more likely to resemble stable coins than the programmable currency model of the digital yuan. us based institutions are buying in on existing crypto with a wide range of strategies, but they are mostly aimed at either establishing a market position or generating revenue. from a legislative and executive standpoint, the us government has continued to define the handling of cryptocurrencies more clearly, and to provide clear guidance to businesses and end users, encouraging the formation of a nacent crypto finance cottage industry. most developed nations are taking an even more conservative stance. the us stance on crypto could best be described as 'opprotunistic', which tends to describe the us stance on a lot of things. this is not a 'chinese boogeyman' view, the reality is that right now, chinas position on crypto is clearly opposed to cryptocurrency as a whole, *this is particularly true when compared to other nation-state actors in the space.*
not to mention that vechain adoption was made official in the france-china trade agreement for the authentication of wine, cheese, pork and other alimentary exports. imo: the coins price is being kept subdued in this phase of onboarding. stability and rationality is very important to the level of partners that are signing in. the amount of compliance and ability to project costs to an extent is key in reliability and long term planning. it’s a matter of time. the vechain ecosystem is being built for massive levels of tx once deployment ramps up i can see it all unfolding.
wanchain is working with the state grid corporation of china which is the fourth largest company by revenue.
probably because vechain has a very clear purpose and usage, it is not a store of value like bitcoin. basically china does not want people gambling.
>recently a very long recently.
interesting, if that scenario actually happened...could you sell it with a vpn scrambler? or fly to mexico? or convert it to eth or btc? what would your options be if america banned a specific crypto.
if they go to war, crypto prices will be the last thing on your list to worry about...
if there is war between china and america there would not be an internet for you to worry about.
will i’m sure west taiwan will not give her citizens much choice
pooh: *oh bother*... edit: [is this it?](
what is it called, famine coin (fac)?
[according to the world bank, more than 850 million chinese people have been lifted out of extreme poverty; china's poverty rate fell from 88 percent in 1981 to 0.7 percent in 2015, as measured by the percentage of people living on the equivalent of us.90 or less per day in 2011 purchasing price parity terms.]( try not to overdose on propaganda
that has been clear since at least the 1989 tiananmen square massacre.
"usa = whole western world"
very true, but boycotting chia is, for most people, a utopian pipe dream
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well let us not forget who owns most of reddit now.
i noticed it but wasn’t bothered
...freedom from who? the us is jumpstarting its own digital currency in response to china's attempts at creating it is own. china's digital currency will help break the stranglehold of the international bankers who use the usd standard to spread their usury around the world and impose sanctions. the us version will have the same features...they have been wantinf this for years. the us is anti crypto and i understand why. china on the other hand i do not beyond its desire for central control. crypto...even if it is not a chinese state crypto is a net positive for china. where as for the us and bankers it is a huge threat.
china does not own 51% of the mining. if you’re going to make outlanthish claims, please provide sources
pretty much every government would rather make their own crypto instead. federal reserve are already thinking about it
it is banning external crypto, they are probably gonna make their own crypto that they can control and track instead
is it wrong to ban a currency where a single billionaire can influence its value with 1 tweet? china does not want to tank crypto, it does not care about it
for every controlled substance you need an uncontrollable substance. even if it is secretly controlled. china knows the digital yuan cannot be the only so they create the black market underground version and control that secretly.
can’t, not at the moon yet.
>let alone a shitty dictatorship country. are you aware of all of the arab states of the persian gulf
china? you mean west taiwan?
i thought taiwan number 1
lol right because china is not in any way communist any more
now you know what ccp stands for
china won capitalism with the biggest company in the world.
taking control of scarce goods is what gives countries power. they would be stupid not to hoard.
you are literally the dumbest person in the world.
which should force other countries to get off their ass and start being productive instead of being so damn reliant on china...
if you can dodge censorship, you can dodge a ball...
> ever wondered why you cannot pay with monopoly money in us? because people do not accept its value, contrary to certain crypto currencies
> ever wondered why you cannot pay with monopoly money in us? sure you can. hasbro exchanges monopoly money with people all the time.
lol how are they going to shut it down? its de centralized...peer to peer...
this is fucking horrifying...
nothing says liberty like forcing you to spend, thats scary
that's some serious cyberpunk dystopia right there...
that's probably why it is not getting adopted. when wepay and alipay already do majority of the transactions.
taxation is already backed into it if you use any exchange
but steamed water still makes you wet right
if we further thissect the idiom we eventually wind up in philosophical territory. what *is* wet? what *is* water? just a fun phrase. buttered toast does not always land buttered side down but can also be used to express the likelyhood of an outcome.
lol, commies only by name though. china is as much communist as north korea is a "democratic people's republic" (which is their full name).
the difference is that digital currency can be seized instantly by the ccp, where paper money can at least be hidden. make some comment somewhere that gets flagged and traced back to you? bam, your bank account drained and gone.
...and also that everything else is illegal.
how is it different than google pay which also has qr code for payment?
just curious...you made a valid contribution to the conversation and your observation about the convenience of apps rings true. why were you downvoted? (is this one of those mean subs?) lol
it's well known the fed is creating their own cbdc. from what i can tell they are still researching. all eyes are on china now who looks like will be the first govt to issue a cbdc. not sure when the us will come out but it could be a couple years. its safe to bet the digital currency will be centralized, and track, tax avoidance, terrorism funding, and other nefarious purposes. for now it looks like china will be the first gunea pigs and convincing people to use it may be a problem. my guess is that the main benefit of a cbdc is lowered overall cost for the central bank, particularly for cross border payments. we'll see how things play out in reality with china and if it is really adopted. here's a source :
any source is better than bloomberg, it is like ok so it is probably the opposite of what you're reading m8... everybody knows that
while you are correct, the usa has not yet solidified any plan to adopt a digital currency, and that the mit project is just a prototype test, the u.s.a. is making some strong anti-crypto moves. 1. u.s. spy agencies have declared digital currencies a threat to the u.s. dollar. 2. the office of currency comptroller is reviewing the rule allowance issued by brian brooks that allows u.s. institutions to become custodians of crypto for clients. brooks left office and was offered a job as ceo of [binance.us]( a title which he now holds. 3. head of the house finance committee maxine walters has been outspokenly anti-crypto. she has called bitcoin a threat to the dollar. she also asked facebook not to proceed with its crypto until a regulatory framework is in place. facebook proceeded anyway. crypto regulatory proposals are to be presented by the end of summer 2021. 4. the colonial pipeline ransom hack was a big deal. bitcoin was paid to the equivalent of . americans do not like paying off scumbags. nor do we like our power supplies interrupted. if crypto makes that possible, the usa will go to war against crypto. 5. bank regulators recently added an anti-climate change agenda to their policy goals. when presses by the house fin services committee as to why or how this would come into play, the bank regulators did not say--but one obvious answer is in the regulator of pow coins. 6. secretary of treasury janet yellen clearly hates crypto. the move to require transactions above 10k be reported to the irs will hurt every dex that cannot comply and then the irs will use that as an example of why it needs more investigatory power into crypto. 7. sec chairman gensler has repeatedly stated that every ico coin should be regulated as a security. the sec has an extremely strong case against ripple (despite delusionary posts from this subreddit), which will allow it do decide which coins are securities and which are not. all of this is strategic noose tightening around crypto. if we see another ransom attack like the colonial pipeline hack, then the usa will swiftly seek crypto bans.
vechain will melt faces.
oh that’s right. it’s vet and wanchain that are approved in china. thanks for the reminder
i would assume it’s more about control than caring about people gambling. i’m just selfishly happy that vet has an in with the government haha
do you actually believe the ccp is *misguided*? as opposed to psychopathically abusive and orwellian? whatever you're smoking, i want none of it
>a harmonious society is their ultimate goal buddy. arent they literally committing genocide against the uyghurs?
idk lol. but i personally wouldn't worry about it short term, as in the next few years, but ten years or so? idk. i mean the u.s government is about to admit that we're being actively observed by intelligence of unknown origin (aliens) so this is certainly an unstable decade. like this whole decade is about as uncertain as doge is.
i like the ring of ocoin, short for oppression coin
how are they treating their uyghur population though? did they lift those citizens out of poverty? were the students in hong kong lifted out of oppression? or the ones in tiananmen?
bitcoin is the best way for china to compete with the usd, as the world will never transition yuan. fed, cbs have too much influence on media, perception. and that is the other thing this news is coming from reuters, ap, etc. - not from chinese press. then a few hours later it comes out that it was not 100% true, misreported. the turkey, iran, south american fud recently too!
are you really a bot? heres a hug
chia or china? :d you can try as good as you can. tbh, it is not even feasible to boycott much smaller controversial countries like the gulf states (their oil ends up in your plastics) or israel (their microchips and r&d is everywhere) but you can atleast try to prefer non-cn-made choices from non-cn-companies wherever possible. for example, many people could opt for an indian-made samsung phone for 50€ more than the similar chinese-made xiaomi. or buy thailand-made sony overears instead of similarly priced china-made akg. it's not much, but it is a tiny bit of progress at least
influence to a small degree. but a reasonable amount for sure. i could care a less... i stand my ground that china is about ruling the world. they will do whatever they can to get there. even if it means fucking crypto. what i care about is the ppl making reasonable investment decisions not based off of emotion.
so vechain is secretly controlled by the chinese govt?
they have come full circle and are actually closer to fascism than anything
sort of. they are definitely communist in many ways though. the state determines the output of major sectors of the economy, like petroleum, steel, concrete, etc.
you're using wrong terms. they are a communist regime with capitalist economy, as opposed to communist regime with socialist economy. you can have a democratic regime with capitalist or socialist economy too.
i hate to be the one to break it to humanity, but every country is capitalist. we have never seen true communism or socialism.
i keep thinking this... they do a bad job at communism?
i'd say they are more corporatist than capitalist. capitalism is where free markets are allowed to dictate prices, wages and work force. when a government tries to interfere in any of these it leads to cronyism and lobbyist corruption.
who is not state capitalist? name a country where their central bank does not determine the fate of the domestic economy. also a big reason why it is laughable to think any nation would want to adopt a pre-existing crypto instead of just spinning up their own.
does capitalism mean only one group ruling?
its not really capitalism. there is no free market and every important company is directly linked to the goverment. (also huawei etc) thats also pretty much how they manage to always have a growing economy, they simply decide (they literally do that) that their economy should grow a certain amount of percentage, and then it will happen. (with up and downturns of course, because they are also exporting a lot) they build cities where no one lives just to grow the economy. and the companies are not free at all, at some point the goverment will decide if they should support your company or not, if they do well then you will go to the moon. if not, you will have to close your doors. thats why its very concerning that so many chinese companies buy european. furthermore they have a rule that none chinese company is allowed to be selled to a western company. huawei could never be bought by samsung or apple for example, but huawei could buy nokia at some point. same happened to volvo. thats not capitalism, but its also not communism.
try telling that to some people who claim to be marxist-leninists on reddit. they'll give you some mad mental gymnastics about how it is a dictatorship of the proletariat and that china is actively building socialism with capitalist. its delusion at its finest.
what communist regime isn’t?
lordy the arguments i've gotten in over that point.
nooooo! china numba 1!
well in fairness they did pretty much abandon communism as an economic model during the dengist reforms (mostly because communism as an economic model is shit and they had to adapt or go the way of the soviet union), but they have very much retained the repressive features of the maoist-communist era.
that's the joke, they are communist (well more authoriatism then anything) inwards and capitalist outwards. on the world market you can basically see china as a company and every chinese business as it is subsidiaries. edit: by saying communist inwards and capitalist outwards, i mean they are picking and choosing what they want to be whenever they want while still calling themselves communist. doesn't make it true, hence the joke.
you guessed it, concentration camp party
exactly they don’t care about it from a financial standpoint.
fudding it notoriously at the same is something else tho. but it is china, so yeah
if china has a monopoly on bitcoin everyone will dump on them leaving china with all the bitcoin. but if china has all the bitcoin they have no power outside of china. understand?
not necessarily bcs crypto still has inherent value
it would just be a bear market for a while until people get interested in it again. it's too useful and sexy to die forever. since we're talking about state cryptos and it seems connected... if a state crypto "achieves" stability nobody will want it because they want to speculate.
even if governments want to stop being so reliant on chinese products, the populace might not. when products are dirt cheap due to child labour people will buy it, something needs to come in to compete with that industry but most countries are not going straight into slave labour
imagine crazy plan like building factories in own countries, give people millions of jobs, keep money in country? i know i know i should gtfu with those stupid ideas...
it’s from dodgeball the movie, super silly but freaking hilarious.
if you can dodge a wrench, you can dodge a ball!
how did china and turkey shut it down??? with one sentence from the president? and don’t tell me usa or germany would never do that. especially with digital € in the planing.
i bet r't, even though we all absolutely know they will. you just cannot trust the chinese government. ping banned crpyto, tanked the market, then blamed musk for it.
good that we have our crypto.
i imagine nation states will backe it straight into the chain such that all transactions pay a x% fee to a pre-determined wallet - period. ...in addition to any exchange or mining fees.
it does not that would be liquid water if it is making you wet
yeah some forms do, but not all right
>that's what she said! -michael scott
i know, i wouldn't want to use wechat pay exclusively and i wouldn't want to have a situation where all except the govt-controlled ecurrency are legally available, neither paper money nor anon cryptos like xmr. not trying to defend it however, i am sure that for most people convenience trumps privacy. even in germany, where people in surveys always show above-average awareness for privacy, payment methods like google pay and intrusive cashback systems like payback are booming most cryptos am not anon, anyway. use one of the large exchanges with kyc to buy btc and that is it, the govt just needs to ask the exchange for some friendly exchange of data to track you
that's coveiece to you
how is using visa
probably the scale of adoption. at least in major cities, almost every single store accepts digital payment method through qr code. it’s actually because china never had nation-wide acceptance of credit card payment in stores, so it was not difficult for the country to directly skip that and adopt digital payment.
because the observation that something is more convenient has nothing to do with the fact that some other things are not accepted. also i can guarantee you that the chinese government is not worried about convenience when it sets policies.
as a government body, having a digital currency seems really beneficial. potentially, you could change supply at any time you want. you could also do things like adjusting interest rates on the fly or issue bonds that can be bought and sold on this network as an nft. there's a lot you could do with it that ranges from okay and already normal money practices to downright scary levels of instant control. i wouldn't be surprised if they do implement features that allow them to have that level of control but then claim they would not use them unless it is necessary. will be interesting to see how this effects things going forward as it will likely have to be tied to the dollar and yet will kill the dollar over time.
well, you'd have to have an idea of how the chinese economy works in regards to money leaving the country, potentially enriching their greatest rivals and perpetrators of the century of humiliation (i.e wealthy americans day trading bitcoin against chinese folk putting up their mortgage), and money staying in the country enriching the population (i.e projects like vechain that can be used in supply chains to help the flow of capital into poorer thistricts). so its a bit of both, they do not want chinese money to leave china, and they dont want to be influenced by foreign powers. this is why facebook is banned and weibo gets bankrolled with investment. regular people throwing money at risky investments is sort of what america encourages, that is the american dream. in china its a bit different where they want to protect the flow of capital. so its a fairly ideological thing.
nothing says psychopathic like lifting hundreds of millions of people out of poverty
yes and they are doing it in the name of unity, however they are misguided. edit: i said they are misguided, i'm not a ccp shill.
yes i've been on reddit a while, i know the chinese government has done bad things. not sure what specific point you're making
julian assange? the journalist who uncovered the panama papers? the majority of people in the prisons being black, brown, native? the us holding 25% of the worlds prison population? 90% of the media being owned 6 corporations? the fees to run a business and buy property? the sterilization and genocide of indigenous women and native populations since the inception of the country? 800 military bases overseas? illegal farm workers, housekeepers, textile workers at 1?
i'm not saying that bitcoin does not use electricity, i'm saying that the electricity use is not why china is anti-crypto.
tweets about tesla accepting btc shot it is price up% and random tweets regarding doge and btc makes large variances in its value. you should absolutely care even if it is 1%.
controlled, influenced, whatever term fits the narrative aptly. but yes i'd say so. china does not allow something to flourish if it goes against the chinese agenda. however the chinese government is smart enough to know their is two sides to every coin and its better just to control both sides rather than provide only one side.
that's a fancy way of saying fascism.
>corporatist authorotarianism so in other words, the us.
so like the us. but slowly getting bigger?
they’ve always been fascists. it’s not because something is in the name of the party that it was ever true.
yeah actually if you read in to mussolinis theorys basically he wanted to corporatize the state and he wanted to take existing business and bring it in bed so to speak with the state in kind of a play ball or be replaced type situation. it was by no means free market but it wasnt as centrally planned as the soviet union. and then national socialism was similar but slightly more controlled and with a racial element. the nazi state was basically racial socialism where the ayran became the proletariat and "racial enemies" became the bourgeoisie to rob, demonize, enslave and finally exterminate. hitler himself said with out the racial element national socialism would be competing with marxism on its on terms and would be very similar. if you actually look in to facism and its weird half brother national socialism youll find they were super weird ideologies but also much more complex then most people paint them out to be. china today reminds me of fascist italy in policy in many ways lol. and they have a similarity to the nazis in their ethnic thiscrimination.
why do people just toss around the word "fascist" all the time? this reminds me of people who do not want universal health care because it is "socialism".
all different ways of saying far left 🤣
or you could say output is dependant on bribing the right official to get state approval which maybe swings them all the way back to oligopoly capitalist?
no, they determine the outcome of everything or... you’ll have to go to “school “ for “re-education “.
i’m going with taiwan. 🇹🇼
right. they are communist in that they want to have all the controls and power over the society but then to run it as a capitalist program to absorb wealth to the top. it’s basically corporatism but instead of a corporation you have the ccp leadership.
i don’t think you know what communism is
if you can dodge a shitcoin you can dodge a dip!
technically...how? dont give a shit about someone's word lol...its like trying to ban porn...
and this community sucked it up nicely. they blame musk because their hate prevents a level-headed assessment.
i agree. i typically talk mad shit about doge and xrp but man...that china shit is really what we need to worry about.
the biggest lie in crypto is that it’s private! it’s easy af to track most crypto! it’s literally an immutable, public record of all transactions! the only reason you don’t hear about people getting tracked down is a) no one really cares if you bought an oz of weed with btc or b) you’re not worth the money it would take to investigate your few thousand
how much do you guys get paid for brigading? do you even realize how many alternative forms of payment there are besides just visa and mastercard? even if those weren't free, you can use any number of other things, like crypto in a lot of places now, like cash, you can even use things like silver gold in some places. and, i guess to directly answer the question, visa and mastercard are a lot more free because the us is a lot more free.
totally agree- i think i just wrote something similar from a different angle. vechain is a very conservative serious enterprise. what the team is building is visionary.
did you forget tiannamen square? hong kong? the uyghur genocide??? sounds psychopathic to me
so were the germans right in trying to unite "the aryan people" in the 40s? guess what. when you're killing off a population, you've thrown any endeavour for unity our the window. you're not looking for unity, you want domination and complete control, even if that means eradicating the lives of others
congress is having a ufo hearing. ufo!=aliens exclusively. not saying it is not aliens... but it is wildly speculative to state that it is definitively aliens. just saying, as an astrophysicist and also someone who works in the field, the take of "us govt admitting aliens" is the sensationalist headline for congress having a ufo hearing (which is not a new thing, would not be the first, would not be the last).
to clarify, the pentagon program studying this is testifying to congress. i do not think they will admit it just yet but they have evidence and at some point it will come out. i would actually watch this interview, first as it seems to be the most credible encounter: crazy thing is this is not a unique story. tons of professional pilots witnessed these things and more. i'll admit. i was a total skeptic, myself. like, i still do not believe in ghosts or big foot. but this ufo thing...idk. the sheer number of cases and credible testimonies is enough to make me believe that something really weird is going on.
what point were you making then? mine was a counterpoint to your pro-chinese government propaganda.
china has the same vision as most billionaires my friend.
hmmm i really like vechain and the concept behind it. i wonder if this is cause for concern on the reliability of the company.
there is a line. and they crossed it. we are nothing alike.
yeah as i said to the guy who got offended below they are basically totalitarian capitalists
i actually looked into what they can do with their money and dude, that shit is terrifying. they can basically make their dollar that you have worthless...literally. that is some insane control...if you arent in china and arent forced to use it, then dont. that shit is nothing more than a tracking device.
i think the word is "authoritarian" as fascism is generally regarded as a far-right ideology. but these words are used pretty much interchangeably these days.
it’s the first time im hearing this, and appreciate the education coming from everyone.
china government party owns all means of production. that's communism dumbo.
something like racial socialism does not exist, it is meaningless. nazis invented privatization of state held companies. even if they used the term "socialists" in their name they were the opposite. if nazis are socialists then the "democratic people's republic of korea" is democratic.
the ccp is pretty fascist though, they have an authoritarian government but what makes them fascist is they also try to control the individual, and try to uphold people to live their life to a certain "ideal" that their way is the only "correct" way. throw in things like strong nationalism, the fact that the ccp considers themselves to be "ethically" superior to other chinese ethnic groups" like the uyghur for example. forced labor camps, and indoctrination without any thistant. seems like fascist 101
universal health care sucks, take it from a french canadian. do you like 10 to12 hour waiting time in waiting rooms. you better be dying in the next few minutes if you want to get treated or even seen. also a lot of people with problems that can be fixed easily with meds go to emergency room because hey its universal healthcare. so much more can be said agaist universal health care.
because the jackboot seems to fit a lot more often than it should.
well, its pretty damn applicable when talking about the ccp.
>why do people just toss around the word "fascist" all the time? um... because fascist is literally state-controlled business?
communism is an economic structure whereby the economy allocates resources according to "need", as assessed subjectively by someone. in practice, this means that price signals are not used to allocate resources, but instead a central planning authority is. it is impossible for communism to allocate resources according to need without a state apparatus, so your comment is necessarily false.
communism is not a theory, it is a regime. socialism is a way of doing politics. you can read about it [here for example](
well that also happened in the former "communust" countries. inside their countries they maybe had the 5 years plan but they still traded oil etc on international markets and among each other. and even inside they traded capital despite of the 5 years plan. but then again, the former eastern communist countries werent communist. they maybe called themselves like this but they werent. they werent even socialist countries. everybody who read marx more than 5 minutes (especially on university) knows that. but honestly i dont know when a country can be called capitalist or not. im not an economist, im a political scientist im good with ideologies but less good with market theories. (i mean i know the most important ones but thats it)
if any subreddit requires comment karma to comment no new redditor will ever post something 😂
basically. but to the outside observer they still retain all the communist branding, stick hammer and sickles on everything, still call themselves the communist party and the government behaves largely the same way it did during the communist era so it is understandable that lay-people that don’t know the history of the dengist reforms continue to refer to them that way even if it is no longer strictly true.
tbh if you're looking for takes on economic or political models a crypto sub is the wrong place to look.
what are you on about? it's a simple joke. enlighten me, how does that simple joke means i do not understand communism?
by outlawing the exchanges and arresting anyone who offers crypto "services". porn is banned in many countries. you do not understand how digital infrastructure works and who controls it, do you?
lol i was looking through the top of all time in that sub and there is that video of a bunch of news anchors from all over the country reading the same script, and they unironically are saying how bad america is for having such obviously manipulated media not even a hint of irony in the entire thread, people commenting on the censorship and propaganda of other countries and how that makes them worse than china on a website that has been intermittently blocked by their own government multiple times, using an extremely locked down and censored connection to the internet that is controlled and surveilled with an iron fist by their own government, i guess a lifetime of propaganda does wonders. successfully convinced their citizens that the cage they are living in is for the best and that the true enemy is the citizens of a country across the world who hardly even think about them in most cases as opposed to the people controlling and oppressing their every move and completely destroying them if they take a stance against their leadership
oh absolutely. they all say that bitcoin is a pyramid scheme and that it creates pollution harmful to china and that it deserves to be banned. ironically, china is one of the largest, if not the largest, polluter in the world. meanwhile china continues to hoard bitcoin like no other.
ah, do not shit on doge it is only hurting your investment.
that's exactly the reason why i think xmr is so undervalued. nowadays goverments may not have the tools or may not be bothered enough to automatically track you, but the day when blockchain analysis is more mainstream and there are more people using crypto, fines to common folk will be more common. people need privacy and in a digital enviroment only monero grants that.
>how much do you guys get paid for brigading? i do not understand this question? ' the us is only a lot more free because our government has decided for it to be. if at any point they wanted to take things away from us, they could. and we could not do anything about it. you have this false impression that just because we have options we are under less control than countries like china. ' as far as payment methods go: if you're being investigated for any reason (say by the fbi) all of you transaction history for any debit card. your location can be thiscovered simply by where your cellphones pings a tower. if they really want you, they will listen in on all your friends. the only way you could actually be "free" would be to use only cash and to not have any sort of cellphone. if you want to call that free
did you miss the part where i said misguided? don't shoot the fucking messenger just because i explain the worldview of the thisgusting ccp government lackeys.
> china is anti-human
somebody do not understand economics and currency
if i'm correct in my assertion then unless the company head does not play ball with the government then you should be fine. china is not a monster but their main goal is china first. vechain is a great way for chinese companies to profit off of other countries with their improved network and emphasis on company use. i think this is why it is still approved. china benefits. most others do not.
but this is one's opinion. don't take it as fact or anything. just me talking
i got reported for "misinformation" when i said those exact same words on r.
well technically you only really be a capitalist if you’re high up in the party. otherwise you take what you’re given.
its more complicated than that. capitalist typically implies freedom of ownership and a mostly free market which fascist italy did not have neither did nat soc germany. there was privately owned business sort of but the state reserved the right to seize property for any reason at any time with no due process. they werent fully centrally planned command econmies but they were much closer to that than to free markets.
i only hear this take from ppl that have never lived; all the ppl *i know who go there definitely don’t use totalitarian in their descriptors of what it’s like they say it’s eerily similar to the us functionality wise edit
false. or you make up some new definitions so you can claim communism did not even exist before. i so fucking hate communists. it's like nazi s saying they were not socialists
i literally exained how its played out. replace the worker with the aryan race and thistribute the benefits from the state based on racial lines not class lines. same with thiscrimination it was done along racial lines not class lines and their assets were seized and thistributed by the state to the ayran. it does exists and did exist and like class socialism was brutal and bloody just more so. the analogy to korea is a false one. also their program of "privatization" was actually transfer of control from individuals to state control and oversight. the national socalists were not for the capitalist class they had price control wage controls all sorts of economic regulations. id suggest the "vampire economy" if youd like to learn more about the econmics of the third reich its a very interesting first hand account though it was written by a communist so some of his conclusions he comes to arent true his acounts of how it played out are great. wages of destruction is my next book to listen to it looks good but i cant recommend it yet as i havent listend hah.
the situation with the uyghurs which is purposefully blown out of proportion due to cia propaganda? or do you mean institutional racism of african-americans? oh wait, that is the us.
you literally just listed a bunch of us imperialist talking points but okay. anything can be spun as fascism with the right narrative and leaving out information.
well im also canadian and im damn happy that we have our health care system. i have also never had to wait that long to see a doctor...
that's because you got an incompetent lefty leader. australia has medicare for all. most things are free except elective stuff and do not have canada problems. and we all pay 1.
> communism is an economic structure whereby the economy allocates resources according to "need", as assessed subjectively by someone. does that mean any country with a millitary is communist then?
and what exactly do you think the way of the communist party is? since xi jiping has become the leader of the party they edged towards being an authoritarian regime in giant steps.
u could requiere positive karma and a given acc age tho.
so the perception of “le communist china” is more to do about jingoistic propaganda about communist and less to do about any actually material evidence of communism 🤔🤔🤔
you conflated communism with authoritarianism...
china has banned bitcoin more times than i can count. so has india and yet...here we are. as far as banning bitcoin, or crypto, its pretty impossible. btc can be transmitted via raido waves at the very least and its peer to peer. not to mention if they wanted to use monero, then they are really fucked...as far as exchanges go, thats why we have dexs...dexs are exchanges and offer crypto services all unto themselves. ' cant ban those...
don’t forget that many or perhaps most of the subs users work for the ccp to spread that propaganda.
they might be the biggest polluter but they have also the highest population. from what i can see china is really cracking down on pollution, especially air pollution.
um...ive held btc since 2017...my portfolio is sexy as hell.
it's not even misguided, they dont give a fuck about uniting with the uyghurs. that's why they are literally killing them off
there is no misguidance, they are not effin teens, they are old ass adults
it may not be aliens but its something and its intelligent whether the government openly admits it or not. enough credible people have come out already so hiding it at this point is just hiding the embarrassment that would arise if the government admitted something like this. again not saying aliens or extra dimensional beings or anything like that because we only know what we know. uap's are behaving intelligently in a way that highly suggests that they are studying us or observing us. for what reason? idk.
ass u me all you want. this conversations over.
i wonder if vechain will ever be used outside of china or if it already is. i’m looking for long term holds and vechain has all the qualities i’m looking for. i like how it s solving a real world problem and is actually being used by companies we know and we can see how much it’s being used on their website with the amount of vethor being burned.
i appreciate the info!
i got banned for less; consider yourself lucky
like in the us?
>its more complicated than that. capitalist typically implies freedom of ownership and a mostly free market which fascist italy did not have neither did nat soc germany. there was privately owned business sort of but the state reserved the right to seize property for any reason at any time with no due process. they werent fully centrally planned command econmies but they were much closer to that than to free markets. fascist italy definitely had a free market, some institutions were and still are national (enti statali) and some are something in the middle. “actual” fascism had both pro-capitalist and anti-capitalist elements. most importantly many of those laws are still in place to this day (with various updates), like the [n.304 of 1921]( this was followed by the mass privatisation of many entities like the telephone companies and railroads and the rise of generali group and ras. it was (and is) much closer to the uk than china.
i would say that is because you are speaking to the loud majority. nationalism is at an all time high there, and unless you speak to a minority group, that is what you're going to hear. now, go ask someone in hk, nepal, or xinjiang if they feel the as if they are in a totalitarian regimes? you're going to get a different answer. the american equivalent is if you asked a upper middle class white family if america is nice. edit: tibet, not nepal.
the difference is in the us you can openly denounce the president, have artwork created of you holding their severed head, and no one bats an eye. do that in china and you thisappear.
yeah because the us is on a the same way. coming from a democracy moving into a state run by the upper class, just like china.
keyword: "guise". he may have called his party "socialist" but it was far from it.
in my spheres there is also a lot of esoteric poli sci talk, so stuff like this gets drowned out. but i'll keep trying for good thiscussions! :)
tbf this is a sticking point because many would say the actual idealized version of communism where the people own the means of production is a pipe dream and in reality the state always ends up owning the means of production when communism is attempted
yeah i grew up on it, plz tell me what reaaaaaaal communism is ... lol you americans are spoiled as fuck. communism is cancer.
it's not simple as replacing terms. socialism is an economic theory, just like capitalism. you cannot replace proletarians with aryans because in 1933 there were "pure germans" proletarians. jews were persecuted and their goods were taken by the state, but this is not socialism. words have their meanings and you are mixing them up in a chaotic way. that's why nazi germany was not socialist, that is why north korea is not driven by the people nor democratic. i'm sorry if i'm not clear but english is not my first language unfortunately. ' edit: i noticed that you added a paragraph to your comment. so,even if it is true that the party (and then the state) had a big role in the economy, there were still bourgeoisie and proletarians. volkswagen, audi, mercedes, krupp (and those companies are just some examples) were all held by privates. the government had a role in redirecting their productive output in the war effort, but that is authoritarianism not socialism.
however i will read that source you provided to me, but i'm dobious that it will explain of a race socialism can exists.
marx is not to communism what jesus is to christianity. marx proposed a theory of communism, but we have a substantial body of tangible, experimental evidence. just like how einstein does not have a monopoly on relativity, neither does marx have a monopoly on communism.
militaries have communist economies, yes. but the nation as a whole does not
ahhh you're taking the "true communism has never been tried" stance? 🤔🤔🤔
dude even their political party is called chinese communist party. you can argue all day but even they themselves admit that they are communist party
no the perception of communism is because they were very much a communist country for decades before quietly moving away from maoist total state economic control to only *mostly* state economic control. you can call it jingoistic propaganda i guess but it’s not like there’s no basis for them to be considered a communist country, the ideology is deeply rooted in their history and behavior at this point.
your telling me china is not authoritarian? it's not conflated, communism leads to authoritarianism that is not a crazy statement we have literally seen it unfold several times.
yeah, people too dumb to consider that population is part of the equation for pollution output
of course your portfolio is hot. but a strong doge will increase its value faster. doge brings in millions of new investors that pour their money all over the crypto space.
yes it is incredibly misguided to try and unify your country through genocide, scapegoating, and oppression. if you thisagree then i guess i cannot help you change your mind on that but that is how i feel. what they are doing is fucked up and we should not be praising them for lifting people out of poverty while they have mass "re-education camps". the morals they claim to be acting on are false and their reasoning is misguided and composed of lies.
yes they are misguided, their ideas of unity are based on ccp lies and propaganda. committing genocide will not unify their country. oppressing hk will not unify their country. lying about covid statistics will not unify them with the world. etc... have you ever been to any of the ccp shill subs? they're full of this b.s.
the best description i would personally be comfortable with saying if it were me describing it is similar to your "we only know what we know" some object did interesting movements . that's all we know. anything more than that is speculation. it's fun to speculate. but it is important to have the thistinction between speculation and what we know.
something i think is promising and has a real world value is stellar. vechain has a great concept and will actually probably be extremely useful worldwide. but with chinese over sight it might miss its mark. but only time will tell friend.
stop perpetuating the myth that tencent acc care ab what goes on in reddit, they have at most a 3% stake in reddit, heck the safr gov has a larger stake it’s more the mods on major subreddits are just idiots
well my dad started as a teacher and was making 200k a year before he retired with a net worth north of 2m. so, no, not like the us.
in the concise encyclopedia of economics, sheldon richman succinctly states: “as an economic system, fascism is socialism with a capitalist veneer.” he contends that socialism seeks to abolish capitalism outright, while fascism gives the appearance of a market-based economy, even though it relies heavily on the central planning of all economic activities. according to authors roland sarti and rosario romeo, “ under fascism the state had more latitude for control of the economy than any other nation at the time except for the soviet union." i think this quote sums it up well. i dont know much about the uk economy but it seems to me to be a mixed economy leaning more in the free market though with heavy regulation and taxes. china is opening up and becoming a mixed economy as well its just more on the control side than the free market side. also when i look up enti statali all that comes up is that its a translation for government agencies.
some like it when the government directs capital. some like it when capital directs the government. glad to live in a world with choices! 🥰
it is actually a lot more similar at the top than you realize as well. they just operate under the illusion in america that they are not controlled by the state.
i think you mean tibet not nepal
did you really include nepal in china?
i wont even visit. i had a cousin who when there and they have all of his info...just to get into their country its terrifying how much info they get from you and were not just talking a passport either. fuck that place.
lol i lived there too and i don’t know any foreigner who didn’t see it for what it was. the person above just sounds like a ccp shill.
fred hampton, medgar evers, malcom x, denmark vessey, rev. horace germany and many many many others would like a word with you mind you these ppl were killed merely for standing up for themselves in the us, so maybe in some aspects it’s worse or was at one point not too long ago
>the difference is in the us you can openly denounce the president, oh can you now? you can denounce biden on social media and not get your account banned? try that on r, etc.
so what happens if someone does that to their president in the us?
good point! now go after corporate power in the usa like steven donziger did and you will find your life becomes a living hell, under house arrest for 2 years for a misdemeanor and no fair trial, with a kangaroo court bought and paid for by chevron!
china sensors mass actions not thissenting opinions from what can be gathered of research; they’re more likely to censor a supportive rally that is seeking to summon ppl though online channels than they are a blog post that is critics of one figure head over another meanwhile in the us we just don’t talk about our political repression 🤔 kind of sus
>coming from a democracy moving into a state run by the upper class, just like china. the us has never been much of a democracy, it was always run by the upper class. it was created by the upper class. what has changed is that now they have more control than ever before in history because of centralization.
exactly. both are functional oligarchies these days. government by, for, and only for the wealthy.
they were held by private individuals but the state called the shots and regularly got involved and replced company heads thisbanded them seized property and forced factories to produce what the state wanted. it wasnt free market by any means. not to mention the price controls wage controls and massive social programs that is socialism because not only were their personal properties seized all jewish or polish. again it wasnt traditional marxist class socialism but it was a form. heres a very good video if youre interested its only 20 mins but theres longer ones by him that get more in depth. also youre english is great man good job learning another language is tough youre doing awesome. heres a vid of his counter arguments to questions people brought up also if youre interested
its good. tik on youtube has good videos on it as well if those are more your taste. he also does stuff on battles his stalingrad series is fantastic. i love ww2 and find the 3rd reich as fascinating as it was terrible so ive spent years looking in to this shit and saying its complex is an understatement. but basically the aryan race becomes the working class that the state supports. part of how they do this is through high taxes on industry and large import tariffs and restrictions. also the nazis did it through lots of plunder of the occupied areas and people who were exploited and robbed by the state to pay for programs for the ayran. the nazis had tons of social programs and welfare for german citizens and you could only be a citizen if you were of ayran blood. it was a weird cruel system based on a very flawed science eugenics in fact calling it science at all gives it to much credit but in the early 1900 lots of people bought in hook line and sinker. its not marxist class socialism so its not the same as the soviet union or venezuela but it is a form of socialism. and they definitely were not free market guys hitler and his cronies hated capitalism and called it the work of the jews as was communism in his mind. go figure the jews were behind both 🙄.
i know they are not mutually exclusive. the us has done absolutely horrible things and continues doing so but receives little criticism. i just find it interesting how the uyghur situation has been reported so one-sidedly from the us and friends. it's almost like they are coordinating a media attack what's next? iraq has wmd's?
marxism is literally just a method of analysis also known as dialectical materialism
i think that most countries that used to be communist countries, have gone into an authoritarian mode. look at russia with putin the gangster. north korea with their kookoo and of course china.
i think he is saying that the sins of current day china should not be labeled as communist because they are not communist anymore. if you want to rag on mao, then that is a different story.
of course it is authoritarian, i clearly never suggested otherwise. this is a problem of logic... \> it's not conflated, communism leads to authoritarianism that is not a crazy statement we have literally seen it unfold several times. by that questionable logic, almost anything leads to authoritarianism. (how do you think hitler came to power?) anyway, that is besides the point. \> they are communist (well more authoriatism then anything) that is where you conflated them. you did it further by thinking that i suggested that china was not authoritarian by the mere statement that you conflated the two...
communism is, by definition, stateless.
i have a degree in environmental science. i do not think you're qualified to tell me about pollution.
i do not think that commenter is dumb, sounds pretty reasonable to me.
but so does: eth = smart contracts, nfts, defi, gaming, icos matic= smart contracts, nfts, defi, gaming polkadot = smart contracts, nfts, defi and soon to be cardano. nothing is built on doge...a very bad version of btc with infinite amounts
i was not saying what they are doing is right🤦 i was just saying that your label of misguidance does not fit them because they are not some teenagers, they are just assholes .
stellar is pretty much just an swap for everything? gold —> usd —> btc ...etc
sounds like something a china bot would say
and the people who downvote you are likely doing it for different reasons. butthurt american diehard capitalists who think it can only mean freedom, as well as chinese propaganda workers who get upset when you point out that the country is ruled by an orwellian authoritarian regime.
yeah let us not give them more expansionist ideas
americans. you are talking about americans living in china. but they say that about everywhere they visit that is not "western". americans are the most godawful morons i swear. i lived in china for 5 years and every american i met sounded exactly the same. such obnoxious assholes.
maybe ill never be online enough to care about modding on reddit but i don’t think that’s quite the same...
so getting banned off a subreddit is the same as being assassinated by your government? yeah your sooooo oppressed.
nothing. it's your right under the first amendment.
talk to me when winnie the pooh isn’t banned and they recognize taiwan as a country. until then i’ll always regard them as a totalitarian state that censors on mass.
except china is not for the wealthy even billionaires are not safe if they cross the party...unlike usa...still hard to believe no one was punished for 2008
how and why does this keep happening 🤨
yeah but the usa has a few big companys, in china the goverment that is not voted by the people can decide... us is better but swiss is the best by far, that i know...
so do you think the west can do anything to slow china’s influence? it hurts to see so many large us and other western nation’s corporations giving in to china, without thinking of the long term damage they are doing.
having electricity or hot water or meat meant we were bourgeoisie? lol. didn't know... ok... cuz we did not have and were always starving ffs.
sry then i guess i still have trauma since i was a kid the growing up in communist romania, even though it was called socialist republic , when someone remotely defends communism or socialism i feel like shouting to them, since they have no idea the corruption and poverty and terror it brings
look guys i found the ccp propaganthist, are you seriously trying to compare the usa to the ccp, yeah the us is not perfect, but the ccp is 10x worse. are you trying to assert that the ccp should be in control in china, and that the citizen of china (who would rather be free) should not be freed from their control?
the us is one of the most criticized nations on earth. it’s popular culture in most of europe and asia to shit on the us. loads of books, music, and film dedicated to it. in what world is the us never criticized?
sorry about that thought i was responding to another bloke. still confused how i'm conflating though. there is a clear link between communism and authoriatism and it was in reference to china calling themselves communists but being much more authoriatists. and yes almost anything can be lead to authoriatism when made the only ideology that a nation subscribes too. doesn't really matter what it is, but if the entire nation subscribes to it, then authoriative acts will be done in its name. its why free speech is a really powerful thing along the thiscourse of different ideas, because there is never just one correct course of action.
yeah pure communism at its pure form, that only works in small communities. you can still act with a communist mindset in some actions without being communist, i've never said china was a proper communist country that was the joke mate. they pick and choose what they want.
a degree does not mean much these days... it is not rocket science of why china would be the biggest polluter. though you're more than welcomed to further explain what we're not qualified to say about pollution
the use case of doge is digital cash for everyday use. it does not need smart contracts and it does not make sense to compare these coins. doge is the friendly face of crypto that makes this abstract world accessible for new investors. most people do not care about the projects you mentioned but they know about doge. in the us more people know doge than ethereum. my point was to not spread hate, fud and thisinformation about doge because it hurts us all. (same goes for other coins)
correct. i find value in the translation of currency into other currency quickly and efficiently. banking regulations are antiquated and so are the methods of transfer. i think this is a solid idea that has unrivaled value if kept to the core concept.
a little off-topic here, but does anyone else see that a basically anti-crypto message is thiscussed here without a massive downvote wave and everyone is keeping an open mind when debating in the comments? this is what a 3 months bear market does to reddit and i love it. the hype died and we’re left with meaningful thiscussions.
monero: **are you kidding me?**
gambling our money away is real life utility.
99% are trash. 1% is about 150-160 coins. that seems accurate.
thats completely true and funny enough everyone thinks that, yet everyone think their coin is not in those 99%
why would anyone change your mind considering 100% of people agree
my brother in laws company uses block chain to track raw materials from source through production. cant change the data once it’s part of the blockchain, this allows for certifications to be made easier and cheaper than they use to, additionally the end user can get the block and verify. qc made easier
i have been here since late 2017 and i definitely agree. sure, some coins do serve a purpose. yet, as unpopular as this opinion may be here, i believe most of the crypto market to be a speculative casino. not useless - casinos do serve a purpose - but certainly not even remotely useful in the same way as we say electricity, locks, or paperclips to be useful. as of now, a nurse is ten times more useful to society than a blockchain developer. i know, i know... we're early, this will all change. i do not think so, but yeah, i'm open to that possibility. wait and see. edit: i was not expecting 100 upvotes. more like 100 downvotes, to be honest. this suggests that people in this space are getting more critical, more accepting of different and even opposite viewpoints, or both. in any case, good for you r!
why would i change your mind when you’re correct? come back in 2025 and look at all the nonexistent projects that were “so promising” this last year
i agree. how many p2p coins will ever actually have any use? it's stupid. i have chosen to put my money in projects that i actually can and do use that are made possible by cryptocurrency. banking on sending "value" with 200 different tokens is asinine. also, i see a use case for bat. i use the browser everyday.(: edit: i would ask everybody that sees this comment and wants to test a crypto with functional utility, to test opacity storage for free. from the website, you can have 10gb of encrypted and anonymous cloud storage at no cost for a year. there is no personal information tied to the account, no credit card, no email address, nothing. you are given an account handle which serves as your unique identifier. you guys know that 99.999% of crypto is bullshit and will never serve any function. i am not even recommending that you invest. if you are tired of vaporware and stupid shit plastered everywhere in the crypto space, take 2 minutes right now and use a crypto. you can motivate and reward the team for bringing something unique to the table without spending a dime. if you like what you see, then you can create a new standard by which you judge utility and value. you'll be a bit better with your next picks regardless.
i watched a ted talk with charles hoskinson awhile back and he explained what the use case for crypto was in his opinion. the jist of it was it would allow people in third world countries who don’t have bank accounts and documentation records, and regime changes to finally have a way to prove ownership of property, credentials, identity, etc on the blockchain. also be able send money to other people at low remittance fees.
**can you explain exactly what *’real life utility’* is please?**
the thing is you're angle is approach is silly. 99% of start up business will go out of business and have no market niche. alot of them are trash , alot of them are worse versions of existing systems, alot of them would not survive a bearmarket. this does not mean the whole space is gambling it means you need to understand what your investment is solving and if that makes business sense. i feel this is very basic knowledge in the space but seems to have to be explained far to often. with that said it probably is gambling for someone like yourself as you do not quite seem to understand the concept so that is throwing money into the void.
monero allows you to buy goods on the internet, delivered to your door, securely and privately.
most protocols are not even ready or have just released their first products, ofc there is not a huge market for those services yet - but it it is integrating with the real world economy step by step, which is what everyone here is betting on. it's basically still in the startup phase for most projects and this time it is not only vcs investing. i wrote about one use case for nfts to combine physical and digital assets in the trading card world while also eradicating proxies (you can look it up if you are interested). that is just my personal use case as i have a vested interest in the topic but it is a decent example i think. there are way more though and i think the technology is absolutely necessary in order to provide equal access to services on a global and interplanetary level.
money laundering is a use
the point of this industry is not the coins or tokens but the software that enables decentralized systems, thisintermediated transactions, digital scarcity, peer to peer marketplaces, and trustless economies. brave is a good example, yes. that’s a browser that rewards you in proportion to the data and attention you provide it’s advertisers. other examples are more complex and niche - like supply chain tracking or the tokenization of complex financial products. the point is the underlying software and how you can leverage it to build new ways of doing things. the key to understanding use cases is sorting each project into the correct category (e.g., layer 1, 2, 3) comparing bitcoin with cardano is hopefully not something that makes sense to do - like comparing bitcoin to axie infinity or axie to cardano. the closest thing to bitcoin is it’s forks, not every other project in the top 100. projects are not the same thing and they are not built for the same purpose.
i could mention defi or more properly decentralized finance. this is probably one of the largest benefits of crypto, it is still in it is infancy, but valid projects are starting up. there are billions of people that do not have access to the international banking system. many places simply do not have the infrastructure such as electricity to have a bank. on the other hand, cell phones are prevalent and crypto works a charm on them. even in the us there are between 30-50+ million people that are unbanked, which is why there is a check cashing. defi gives people the opportunity to put money somewhere they have control over it, it is harder to be stolen by institutions, and can even make more money by investing it into staking reward pools and other financial opportunities. middle class people can also benefit by investing into new coins and projects where as to get in on the ground floor of a stock offering you have to be "accredited" meaning you have to be able to prove that you have over a million dollars in liquid assets to legally invest in those hot takes. there are other projects worthy if attention. [althea]( is a internet isp that separates the backhaul internet, service, and infrastructure layers so that multiple entities own different parts of the system. each part gets paid algorithmically and automatically, there is no billing, no one has to make a phone call demanding money. nfts are used as expensive pictures, which i think is dumb, but non-fungible tokens have huge potential. how about a drivers license that is a nft. you could provide proof that you have a valid license without giving your name or any other information by verification of your private key. i agree that most crypto projects out are nothing but money making machines and out right scams, but there is a great opportunity for new tools and systems.
dude, how do you think im buying my drugs?
not at all interested in changing your mind. some people make it happen. some people watch it happen. some people wonder wtf just happened. you do you.
blockchain technology has many utilities especially those that need immutable databases. many of those associated coins are actually not needed for the underlying blockchain technology to function properly.
* you could streamline the entire irs (tax revenue department for non-us readers) with a blockchain + smart contract system. * for home mortgages \\ loans \\ purchases - with a combination of nft + crypto + smart contracts, you could use your crypto as collateral for a mortgage loan, have the already created "real estate purchase" oriented smart contract handle all the paperwork for the home purchase, deed transfers, title search, all handled by various smart contracts, etc... and then the nft gets sent to you immediately. if you already had things such as the inspection done and approved, you could theoretically do all this and buy the house within minutes. not months. * government budget and spending habits could actually be audited. * a government backed crypto could replace fiat and do so in a way that enables much tighter control over the monetary supply and in such a way that is not such a "uhhh i guess there is probably maybe somewhere around 400 trillion usd out there circulating... maybe... kinda... possibly..." * a voting system that would completely eliminate any and all "this election was stolen!" and "this election was not stolen!" debate once and for all. a blockchain based election system would be amazing as it would be immutable and there are easy ways to verify no votes were changed. it would completely shut down any argument people could have when it came to saying their votes were messed with. on top of that it would be auditable so that normal everyday people could run analytics on it while also keeping all their personal info safe. i mean, all you really have to think when it comes to "what can crypto do?" is to understand it can do everything we can currently do with computers, plus more that our current methods cannot... and also do it in a much more secure manner than we currently do it.
the ones with utility are great
99% of the crypto market is in the “paypal circa 2003” stage. there’s really nothing to change your mind about. you just need to develop your own metrics for what makes a good crypto and stick to it.
let's take stablecoins. crypto has successfully created bank and lending services. its fucking money what more do you want? and as for l1's apps are being built, from financial services to video games to storage, to knock off twitters, to streaming services? what do you mean no real utility. its redefining the infrastructure of the internet in a more decentralized manor. that all this is. if you thought you'd somehow get build a nft that you can wipe your ass with. sorry its stuck in the digital realm. edit. not to mention basically recreated the entire stock market, except with 100% in real time transparency. ex. dex. take basically 90% of wall street and cramed it into 1 fucking virtually unstoppable website. we talk about bots replacing people in the future, crypto has already done that for wall street. we sit and wait while they attempt to regulate a market that is fully transparent. edit2: all of this falls apart and get destroyed if we do not keep self custody crypto.
99% of humans will die contributing nothing to society. same thing.
yes there a lot of meme junk coins out there but also tons of amazing projects with incredible technology and use cases. projects solving real world problems. take it for whats it’s worth but i am a programmer& finance background so i work with it everyday. you need to remember this is just the beginning, we are going to be able to build more on top of the platforms as new tools, new ideas, and new use cases come along. a lot of this is open source and being used globally so we are going to end up with a billion times the amount of developers creating new ideas and bringing their contributions to the space versus having to rely on microsoft facebook and google to create and control everything. the flood gates have been opened.
monero, chainlink, algo, xrp, and icp are the only coins you should be putting money into, and i’m only long on two of them.
how does a thread get this high with zero mention of defi as a use in the op? if you only get your crypto information off of reddit you're way behind the rest of the scene.
no i’m not your dd slave?
99% of stock market is complete garbage, what’s your point? stack bitcoin, ethereum & projects that are related to them. don’t buy uselesscoin ![gif](emoteemo_pack_1i_dunno)
okay these responses are blowing my mind. has to be defi. worldwide financial industry is worth tens of trillions. all the money people have in banks is currently used by rich people to get richer, instead of enriching the people who deposited it. the biggest and most obvoius use case is defi. literally the entire finance industry on your phone, loaning, borrowing, sending money. you can deposit money that other people borrow and get 10% or more apy as opposed to 1% from the bank because the bank is keeping 9%...
there are 17329 crypto currences listed on coinmarketcap so, 1% of that is ~173. that's a good number of useful coins. p.s. not my opinion just going with the analogy.
99% of businesses in any industry fail. this isn’t a crypto problem.
99.99% is the more accurate number.
by using the word “market,” you are clearly wrong. the overwhelming majority of the market (btc, eth, ada, sol, dot, link, etc) either have or are developing real world utility, evidenced by having partnerships with established companies. you likely mean “coins,” but the moonshots and memes make up a tiny tiny percentage of the market
i have yet to visit a business the accepts crypto. in fact the only place i see any news about is here on reddit.
that 1% with utility can change our lives massively, especially if you invest in them.
check out nano (xno). i think it is another coin that has a future
iota has developed. but r.
99% will be gone in 10 years
helium would like a word
if you like bat then pre is in the same realm but with search advertising. i recommend it if you frequently google info
read up on jasmy, one of a few ive found with real worl purpose. japan is making data secure and monetizing it. people in charge are ex sony executives, so im in on it
polkadot's parachains are going to do quite a lot. acala is already partnered with current.com to give their users better yields on their savings than traditional bank savings accounts. the crypto, their users would not have to interact with the blockchain at all, it will function like most other fintech apps. hybrid finance will be the stepping stone to more complete defi offerings. this is just one example. i see defi protocols replacing banks over time, bank savings yields cannot beat inflation. once payments are more widely accepted online and payroll can go straight to blockchain there'll be little need for traditional checking accounts. all of this is still an if, but that is the bet we're making, that this stuff eventually comes to pass.
a few ones with interesting use cases would include chainlink( bringing real data inside the blockchain) and vechain( supply chain token used to ensure products are official). cosmos is working on connecting multiple l1s via ibc so they can all talk to each other, that is interesting as well.
considering that 99% of the market is made up of bsc and eth shitcoins, yeah.
name a single currency that you can move after your country gets into a war. crypto is the safest place to have your wealth in. not a single bank and currency can provide you this. you can leave your country emptyhanded and access your wealth almost anywhere in the world.
depends on what real life utility means. luna is in market cap and ust is . in east asia ust is being utilised through chai. throughout the world, people can use their fiat money for ust which is a ~20% apy. no requirements, no restrictions, no identification, instant compounding, instant deposit-withdraws, no penalties, no danger for your ust to be frozen like usdt, usdc. it's so far been a perfect savings account.
some defi protocols have some pretty good utility. anchor on terra acts provides a nice 20% interest on your ust and basically acts as a savings account. dexs like uniswap and curve are pretty useful too. lending protocols like maker and aave and pretty cool too. but you’re right though, 90% of the market is shit. there are some gems though.
the whole of defi and crypto p2p platforms are booming in africa. with crypto i can easily transfer value from kenya to nigeria asap without any issues.
the one utility for every crypto is to transfer values between two individual users without a third party or middle man between them.
iso20022 xlm ada and xrp have actual utility, november 2022 here we come!
near instant worldwide transfers of any amount of money without any intermediary or government oversight. that's petty huge to me. tokens with value across the world yet also free from direct government devaluation. i think people way overemphasize the utility of day to day transactions. the real value of crypto is in the ability to move money as a financial tool.
uncle sam can make your dollars thisappear with a phone call. what do i win?
well, crypto is based divided into currencies and virtual computers. for currencies, you don’t need anything besides bitcoin, monero and litecoin. for virtual computers it’s more tricky, but i don’t think we will really need anything besides ethereum in the field. there’s also stable coins algorithms, which i think luna has done the job already. we don’t need a million diff protocols for everything. most of these coins will just thissapear, tbh
the ability to move wealth across borders without government. for places that do not have the privilege of a stable country, this utility is life-saving.
what about a parallel financial system that is permissionless and decentralized? that's gotta count for somethin
even with a proper implementation of the metaverse, would you really rather spend your real money so you can get digital clothing you can enjoy in a digital lake while the real lakes in the real world and getting dry? i love crypto and blockhain as a concept, i hate how it was implemented as a way for dumb people to get money while doing absolutely nothing. too much wolf of wall street in our heads. we are destroying the planet just so we can get an extra 50usd a month most of the time. i really cannot fathom how anybody could think. like, does not matter how much you earn once the cliffs and rivers are dry. we cannot eat nfts.
finally some great thiscussions on this subreddit :)
i agree. i only have real money invested and committed to btc and algo for this reason.
the coins with the highest and real utility are exchange tokens like bnb and cro.
i’ve co-founded a layer 1 crypto project myself, no longer super actively involved, but the project is ongoing and quite proud of it. i would say that the vaporware is real in the domain, i got into crypto because i wanted to develop a co2 ledger (with some specific features). i got thisillusioned because none of the available technologies was able to sustain my idea, and scale in a sustainable manner (and fast enough manner). so i ended up making my own (mind you i am in no way smart enough to develop the novel consensus, the founding team had three phds for a reason). a point i would like to make, is that the community is a driving factor in the way a lot of the unhealthy projects develop. tokennomics, when moon, when exchange, when marketing, etc. like: now that i’ve gotten mine we need to change the token model so the tokens get even rarer. and let’s use all the money on ads. these are things people actually demand. a lot of the loudest community members are the ones demanding unhealthy growth in value, and those projects that end up listening to those people to silence the critiques, end up making choices that doesn’t benefit the project, but instead the early investors. so few people are truly in it for the tech. most people are chasing the unicorn growth projects. proper use cases will come, i’m glad to state that my old project (which will have to remain unnamed for the integrity of this post*) are still taking the high road, and they have a good focus and are actually doing really well. the general utility of the tech is out there, the projects that focus on it just doesn’t get “pumped” as much, so it will take a while for them to catch up. also some projects are simply applying blockchain to things that don’t need it. just because we’ve invented a hammer, we don’t need to hit everything with it. *also it makes it a lot harder for me to state things like that i think pow is a bad mechanic, and that bitcoin is an unhealthy influence on the domain. because that is a personal opinion, that could hurt my old project.
tons of tard high school jocks that could not even understand what btc was 5 years ago are posting about crypto investments these days, especially pre-bear. so if it is reached that low onto the food chain, i'd imagine weve seen the birth and death of the golden age. good point in calling this out, because it is a truth we all should be reminded of. if nothing mainstream gets adopted, i myself will start thinking more towards it being a ponzi. which i'm already suspicious of
im bullish on lrc but i agree with op, even with all the research i do on crypto im still left wondering "but how is this new or important". most seem to only be relevant in their own niche ecosystems, i may very well be wrong but i havent seem a lot of counter evidence yet. with lrc the lower gas and increased tps sounds impressive but is it better than mainstream alternatives? hopefully yes but thats still yet to be seen.
%1 of crypto is a lot of crypto.
what’s everyone’s take on xrp? bright future? or are we going to wait for the longest ride
as a software engineer it is entertaining to watch people argue about how some cryptocurrencies have better "fundamentals". at the end of the day the whole thing is a solution without a use case. maybe there will be a pain point to solve in the future or it will leave a huge infrastructure that paves the way for the next big thing (see internet infrastructure built from the 1990s dot com boom). either way, just bed honest that you are investing with the intent to make money. because if you wanted to make the world better there are actual causes out there that you can contribute to.
i believe it is a vehicle for gambling. the rest of the hype is an attempt at making it seem like we are not just playing hot potato. a currency that is deflationary and not controlled by the banks seems like a good idea, but it did not go at all as planned. we are just replacing banks with new banks. crypto exchange and transfer fees are even worse than with fiat, it still takes too long when it matters, the wealthy still control most of the supply, the markets are still heavily manipulated, and transactions are tax events. all that stuff about "but nobody can take it from you" is nonsense. people lose their coins to scams, viruses, and bad hard drives with no recourse. if you lose or encounter fraud with your visa card, you do not lose anything. "but deflation is eating away at your fiat savings". yeah, but fiat savings with inflation is better during bear markets than taking a 50% to 75% dip on a deflationary asset. really all we have accomplished with crypto is to realize that our stock market valuations no longer have very much to do with the companies behind them and we are all just gambling, so why waste our time trying to build a 50 million dollar company that trades at 50 billion when we can just trade unique strings and jpegs at similar market caps? copy-mine and you have a new shit-coin market. make it inflationary with a supply in the quadrillions and you get a very low unit price, which attracts a shitload of people that do not understand what a market cap is. you might think those idiots are the minority, but just look at the crap that makes it into the top of the market cap charts. clones of clones of jokes. to legitimize the space for serious projects, government has to step in to protect people from the scams, but most governments, especially the usa, would sooner see it all die off because they want to hold a tight grip on the monopolistic power to issue currency. they drop literal bombs to protect the role that their currency plays in the world. it was fun in the early days to nerd out in irc, fill rooms up with gpus, run mining pools, and feel like we are sticking it to the old guard, but now i just trade the 4-year cycles with lots of patience. i do not see crypto as something with utility or as a currency, i only see it as a way to convert your fiat into my fiat.
helium network. decentralized wifi network aimed allow users to create and setup their own hotspots and earn money for setting one up. it’s mainly focused on low power networks.
assets in and of itself have value as long as there is belief in it. think of gold (though it does have value in many use cases) - a lot of people buy gold because it is something people can use to hold wealth and exchange it in the future. fiat currency is similar but since its backed by the govt - the belief is stable. used to be backed by gold. ' the problem with crypto currently is that everyone on this board only uses it as an (speculative) investment asset. rarely do i see a holder use it as a currency - because they will be afraid of losing the gains. it needs to be stable to be used as a currency. on the flip side, if it was stable - no one on this board would invest in it. with no entity powerful enough to stabilize it (doubt most govts will since they have little monetary control over it), cryptocurrency stands in a paradox state. now if you call it a crypto-asset, it will make a lot more sense.
welcome to financial assets. their worth is tied to the demand for them not to the utility they offer. why should i buy that stock? your not investing in the company, you are investing in a piece of “paper” with its name on it. trading something intangible without real world implications… unless you are a baller and get significant voting right. crypto… you are investing in activity on that blockchain which may improve the utility of the underlying technology but, that tangential and not that impactful.
of course, it’s good that you are aware of this
glad you put brave. amazing use case. will be one to watch this year.
while i did not agree with you 100%, i did, before last week, think that most cryptocurrencies had zero real life utility. notice that i used past tenses? yea, i changed my mind after the russia-ukraine war started. i still do not think they are very useful, but at least i can finally confirm that they are quite useful in wealth preservation. if it is a world level natural thisaster, then it is a different situation. but during a regional conflict, this war is a real world test for cryptocurrencies and they proved to be useful. people used to say that during a war, you want to own gold. yea, yea. tell me how you are going to carry gold with you when you are about to become a refugee. on the other hand, after converting your money into crypto and put them into a remote wallet, all you need to do is to remember your passphrase. once you get to another country, you can get your money back immediately. now, turn your focus to the other side of the war. if your country is being sanctioned, your government leader may not care, but you have to live, and you care. again, crypto is a lifesaver to you. that explains why the entire crypto market went down in the beginning of the war, then quickly bounced back. that's because those people who are actually affected by the war did not have the time to deal with their money problem initially, and people selling were all from outside of the conflict zone. then, reality set in, people affected started doing what made the most sense to them financially -- buy crypto. when people from the outside noticed that, the market bounced back.
i think security tokens and tokenized stocks are the game changer in defi. this is a .5 trillion dollar market and soon we will be able to trade on this 24. they are providing the liquidity solution in this market so that we can enjoy this opportunity. i have invested in this project since 2021 and they will soon launch mainnet in 2days. woot woot! they even shared their first sto (ms token) that will be listed in their platform, so pretty bullish and confident in this project. i would not be surprise if you guys will hear them more often. look how well made this article is about their first sto: [ so yeah i think this project is a good contender for real life utilities. cheers!
yeah i actually agree i just think that 1% is kinda a big deal. such a big deal that it makes the seemingly worthless 99% of a certain value themselves. to me we have witnessed the implementation of new monetary policy. not by the fed (which in all reality sets global policy) but by pure principle itself. then immediately after that we witnessed the construction of a new banking layer. it’s kinda bananas. is like the hierarchy has been inverted and is back on its base. i am the captain now fin
bold of you to assume 1% of crypto has utility.
can’t change your mind because i agree.
peer to peer trust-less lending. non-centralized currency exchanges. human manufactured digital scarcity no different than natural scarcity like gold or silver. collectibles like stamps, coins, dildos. replace centralized peer to peer payment apps like venmo and paypal. there are a ton. don’t focus so much on cum rockets and dog shit coins. buy ethereum, sit back and watch fin tech change the way folks interact with money.
i can think of a certain privacy coin that is showing major utility … the more governments push the more people will see it !
what about vet? real use case for tracking from manufacture to placement on shelves, used by a few large companies for logistics tracking.
i wholeheartedly agree. that is exactly why you should only invest in coins with such.
these kind of posts seem very ignorant to me. instead of change my mind, these things should be titled “educate me because i’m too lazy to do it myself”. there are tons of really cool projects in the defi space with incredibly smart and hard working teams behind them. if you believe the project they are working on has value, then their coin has value in the same way stocks have value. not every company has to be the size of amazon for it to contribute something to society. that same attitude needs to be accepted in the crypto space. because right now it’s way too many loud mouths on reddit who couldn’t describe what 3 protocols do yelling “these coins are all valueless because shib”
you are right, just like 99% of the internet is completely useless with no real life utility. the other 1% is the interesting part.
monero - completely private paxos - can hold actual gold as crypto siacoin - decentralized cloud storage requiring no kyc ethereum - dapps and defi ecosystems utility you do not understand or even want is nonetheless still utility to the folks who do understand and do want said utility in crypto. toodles
that's pretty easy to debunk because that is similar to saying only 1 out of the top 100 coins. here's a few: * xrp is used for international remittances which is a huge % of gdp of developing countries like mine * gala and axs fuel games and reward players * icp is used to expose scummy artists * eth and xtz host nfts * hnt is used by wireless devices (ala internet of things) to communicate and send data * bat as you mentioned pays users for viewing ads and sponsored content * several are used for lending and borrowing funds outside of the top 100 you have: * lto's application is in business and land registration and used by the united nations * jasmy monetises user data across apps and businesses without comprimising privacy * cvc lets users store their personal data and control permissions to third parties * iota is protection against upcoming quantum computers
cleaver way to say "shill to me" off the top of my head: hnt (5g radio network infrastructure) , sia (decentralized file storage) , fil (decentralized file storage) , pre ( search engine advertising disrupter,) , bat ( digital advertising disruptor) , ibm's hyperledger (centralized), agix ( ai and iot perhaps using things like hnt) , arweave (permenant decentralized file storage, secret ( a private smart contract network) orchid (blockchain vpn) not to mention oracles (which are a real need and use), synthetic assets and derivatives, layer 2 solutions, decentralized loans? p2p? d.a.o's can be customized into very radical or experimental things... areas that could have use cases: medical data integration, digital id, digital signatures, real world voting systems than can be openly publicy verifiably aduited (while pseudo anonymous) , royalties, ownership, casinos (inhouse tokens that could be "spent" at their online casino, yeah nfts and games right now are scammy but there is realworld potential of ownership beyond adding more micropayments... as a society we spend a lot of time on the internet and in computer systems... some of those address ' digital " problems which are "realworld" problems none the less... unless the o.g. google isn't a real world use case... which is another point, look at how far that little search engine has come...how much they expanded their use cases ... i'd say like 90% shit and of the 10 % that is not, half (or a total of 5% ) lacks the talent or grit to see it through. even then, some great projects might get unlucky and never gain traction . or have no value proposition to the token. like an ai to ai blockchain that writes what one ai learned to the blockchain, this simultaneously "teaches" it to all the other ai. yeah that is cool and powerful, but is it a valuable investment?
crypto is a way to make money from the impatient, all actual utility is just a pretext. there are useful projects like iota, but even that’s actual value nowhere near its current worth. edit: i like iota because using it is free, so i can actually use it in my iot tinkering and future maybe open source projects. without having to worry about gas fees making whatever i create useless.
at least two of the biggest coins are too expensive to use in lieu of fiat. if the goal is to cash out for fiat, it completely defeats the purpose.
agreed, so only invest in those with actual utility. don't speculate, invest.
you need better antennae. you are picking up the noise only and missing the signal entirely.
take a walk with tezos.
a digital worldwide currency that does not require exchange fees and is not subject to national inflation? yup. no real world applications there.
why would i try to change your mind when i completely agree with you and at the same time buying shit coins hoping they would blow up.
i think the most powerful thing about crypto is that almost anyone and their mother can launch their own coin. in the world of crypto “because you can” is a good thing. that doesn’t necessarily mean all coins will have value to everyone, er even real value at all but that’s not the point.
i mean with the amount of shitcoins we have now, this is probably the case.
decentralized vpn so a government cannot subpoena they data. monero so the government does not know what you own dex so the government cannot tell me what i can buy with my money the rest can really be done with a cbdc honestly but crypto is hoping to at least be an equal option to those
in "general' op is right, but if you deep dive as to where some of these could help, then there is utility. :) - but yes for the most part, crap. now, for one good example... (and eventually ). the two coins mentioned earlier you can use for trading like usual, but also with an actualy eu cert'd offshore bank [payrico.com]( \- so at least there is real life use there where you can use the coins to pay for your account(more use-case coming).
i usually do not research very deeply on projects i'm invested but i only put money on the top 100 except the dog coins and half dead coins.
that’s why i invested in amp. it’s being used in real life big name stores and aims to solve many problems that we face.
nah, just sell it all so we can buy it.
no, i do not think i will
the very least i think projects that have created their own blockchain and. even this is starting to get old though, so the next question is how is it better than existing ones. if it just a token build on an existing chain then their really not much to say about it.
the use is the same as fiat currency, exception being paying taxes. it's one and only use is buying goods and services, there are lots of businesses that accept crypto. there are even more individuals that accept crypto for private party transactions. what sort of use do you expect, you'll never get more use than a dollar. so, paying taxes to governments is the only missing use, and i do not think that will ever happen.
given the rate of growth of shitcoin projects, even if there are many, many projects with real-life uses, it would be hard to grab more than 1% of what exists. though, to be fair the total market cap of useable projects should far outweigh that of the shitcoins.
too busy looking for that 1%.
monero accomplishes what regular banking could never do. decentralized, private, cheap transactions around the globe.
tell me that you never used the blockchain without saying it...
btc is a store of value, ethereum is network fees for smart contracts, nfts are more than jpegs and have real world use, and then the cheapest transaction fee coin will win the daily currency battle that you can buy a bagel with
why would i change your mind? you're right. 99% of crypto coins, and 99.9% of crypto tokens, have zero real life utility, and what's more, they never will have any. but we're here for the 1%.
this was an interesting comment i saw in the fantom subreddit:
ive said this before...most tokens that actually have use cases are usually unnecessary. i saw a post with ideas of what nfts could be used for, there were some great ideas, but none were solving anything. one was marriage certificates, good idea...but the reg office has been doing a good job of it for hundreds of years already, so why would they adopt? most use cases are good for making the user have a more friendly experience, connecting a wallet instead of signing upto stuff is great...but existing companies dont care if we have to fill out forms, it brings them no visible gain. and until crypto does have an enticing benefit for those who dont use it, then theyl never adopt.
maybe not with today's perception of cryptocurrency, popularity and volatility,,, ...but having an asset that can send huge amounts of value for few cent fee without middlemen for me is amazing. no bank charges, phones about credit offers, blocked payments on a whim and general banking system power.
i believe most of the projects currently in existence will end up nowhere. but that does not mean they are useless. some have a lot of potential, and while they might thrive in the short, they can provide value from being a learning force in order to help us understand some of the core issues with current blockchain and crypto projects, thus providing a way to learn what not to do in the future. it's already known that roughly 99% of the current projects tend towards centralization in the long run, and pos definitely is not an all savior. while it is better for the environment, it is not the end solution for cryptocurrencies and decentralization. this means the current projects will inevitably end unless they change their fundamentals. and even a "good" asset like btc, which we call the digital gold, is susceptible to network issues due to mining centralization. i do not believe we're all being fooled. some projects actually have strong fundamentals and a strong usecase. but we're still miles off from a healthy crypto reality where the projects are actually used by a big % of the tech world.
99% of everything does not have real life utility but here we are. you change my mind.
they're too volatile to be widely adopted by most people, and it is more than easy for millions of dollars to simply stop existing because of a minor mistake (see eth half million dollar guy) so they are not very user friendly. i see some blockchains that have great projects but i do not think there are any that are complete enough to reach the mainstream, many are not well developed enough, have no real life utility or are not sustainable enough (which i believe most users in the sub do not give a shit about, but you should because global warming is worse than ever). if there is no adoption, then whatever utility a project may have will never be fullfilled in most cases.
moons changed this sub, do not know for better or worse but its a reallife use case. reason that 99% of posts are farming karma nowadays.
that's fine, i'm just investing in it as a speculative asset. if buyers drive the price up, i'll make money regardless of whether or not i ever use the utility of the project the token is based on. i make money on amd options contracts but use an nvda card.
i mostly only have algo and eth. people buying random fresh new doodoo coins are just hoping to pump and dump on others imo.
yield farming is a cool utility
this simply you did not do your research properly because projects like dafi protocol, aioz, gth has a real-life use case. doyr
going to outer space had zero use cases for the consumer, and yet we ended up with new materials, new engineering practices, new computers, new car engines, etc.
of course, what else would you expect to happen? the nature of open source is that it can be copied. the nature of capitalism is that where big profits are being made, people rush in, lowering margins. people copy paste projects with new names in order to get your capital, that is their function. even institutions are doing it now. it's a shame that so many noobs fall for it but it is a learning curve and a meritocracy to some degree. if you bought and held btc for 5 years you did well. if you bought and held 5000 other shitcoins, not so much. (even worse if you consider the opportunity cost of selling your btc for the shitcoin)
nuh uhhhh! <random noun> inu coins are the future. something something strong fundamentals. something something tokenomics. something something token burning. something something community driven #<random noun>inuarmy helping to remove <trying to sound impressive but still believable> amount of trash from the oceans every year!
you are right but i doubt it will stay that way. actually web3 is catching on...
i only invest in layer 1. everything else is crap, scam or rug pull waiting to happen.
it was like said 99 times, utility is not essential for upwards price action. this is unfortunately sad reality, look at top100 coins how many of them could be shitcoins? we are still in early adoptions, as the market matures i am certain that money will flow from shiba to more solid projects with real world utility use.
this is wrong right off the bat because stablecoin already make up far more than 1% of the market, and those have confirmed utility. op is referring to shitcoins, which are a tiny % of the market
hnt is one that comes to mind with rl application. and defi is as real life as your bank. polygon and lrc are much more important than cost cutting, it’s about how they do that. i’d encourage you to educate yourself more before coming to a conclusion that 99% is x edit: make it cleaner
the internet did not have have real life utility in the 90s. why would anyone read a book on a screen?
safe to say the actual coins are not really needed most of the time, probably like 20 of them are useful. but the projects behind them could make a difference.
theta, tfuel, chainlink, filecoin...and the list goes on.
the only one that has real world use to me right know is "rndr token" it uses the blockchain to render images
r‘s lack of awareness for chainlink and what it does is astounding.
ever hear of sturgeon's law, "90 percent of everything is bad"? well, there are over 6000 of coins according to [statista]( that means there are quite a few bad coins. add in the fact that almost anyone can make a coin, and you're going to push that number up to 99%.
very very true. most coins are a solution looking for a problem, whereas a handful of coins are genuinely providing a solution to real world problems that people have everyday.
atala prism is a fascinating use case for identity. you control your content and who has access to it. used for student records, but can be expanded for medical, tax, passport, voting... just a matter of time.
the underlying blockchain technology is the value. right now it’s the wild west but eventually it’s will gain a strong foothold in how records are kept.
as in 99% of coins? i'd say that is more like 99.99%. as far as market cap goes, i'm hoping it is more in the 85% range
i freaking thought the same for a looooong time until i thiscovered crypto.com last year. i sold my property and had a large amount of cash rotting away in a bank. i'm now earning 14% apr on stable coins and 5% cash back using their visa card not to mention all the other benefits that comes with the card. i can retire if 14% apr remains the same my entire life. this is all thanks to crypto.
fun is a real life utility.
matic and lrc are useless. there's still hype around them but holy shit when that long term bear market hits these coins will fall hard, especially lrc if gamestop does not do anything. bat on the other hand, gotta love that built in ad blocker. basically, btc, eth, xmr, and your stablecoin of choice are the only coins serving actual purposes right now, everything else is trying to solve problems that barely exist right now, like vechain for example. cool idea, nobody wants it tho. a.) blockchain is still unproven tech in that field, b.) no company is going to overhaul their entire logistics tracking system for it, it is truly not worth their time as current systems are doing juuuuust fine. in the future tho, maybe.
i personally think we are at a stage in crypto where the utility is being proven, most have plans and are still on stages too early to provide what the majority would like. that being said anyone who takes the plunge and happens to be a part of a project that proves true utility will be in good standing. i think btc and eth have the most utility as they have first mover advantages as well as some stellar support. i guess it is just about seeing where everything else will go, and if btc and eth can truly stand the test of time, i think so.
i'm only in crypto to make money; i'm not interested in technology or anything else. i've recently stacked my bag with low-cap stocks such as dkt, tower, and cvp, and i've staked them to earn passive income. because i have about 90% of my assets staked, my bag is full of passive earnings.
i like the concept of creators having ownership of their digital work. blockchain tech allows for a greater share of the profits to go to the actual people who worked on it, instead of how it is today where the lions share will go to the giant megacorp that owns the site. see how reddit explains the history of the internet and the concept of giving moons to active posters in this community for example. if you do not think moons have any utility, i'll take em 😉
crypto is still a work in progress thing. we might see some serious adoption in the future. hell even i adopted xlm for sending money to a friend instead of using banks.
there's hundreds of thousands of tokens. most of them will never see the light of day on coingecko and coinmarketcap. i agree that 99% have no usage whether real life or virtual. probably 99.9%. that still leaves hundreds of legit projects.
i feel like flexa has something going with amp. i think it has a long road ahead of it before it reaches true adoption, but it will get there. right now amp has very little going for it, but it is being used and has a use case for real world application in many many areas. - this is the part that is only now starting to catch on, that it is utility is powerful for the crypto community.
fufu has real-life cases as well. the project is used for marketing and advertisement. deployment of social and contents is also a great part of the project.
60% is already btc. if you are on this sub you probably already think btc has undeniable value.
how else will you buy your drugs. also its better for the average trader, more data available. better options and futures fees etc. also faster transfers. i can send money to someone in seconds to usa from europe etc for 0 fees or 1 dollar at best.
here’s a couple use cases for you, de-fi staking, cheap money transfers worldwide, blockchain finance ledgers, limited supply unlike fiat and of course a volatile market that offers the chance to make huge gains.
[gmx.io]( perps trading platform and swaps platform. has done 22m in revenue in 5 months with revenue growing and on pace for over 100m annually. 30% goes back to gmx token holders meaning you earn eth by holding the token. thus the token has more utility than stocks like tesla or netflix which have yet to provide any dividends, let alone 30% of revenue.
it's true. go to coin market cap. there are 10,000 coins. a handful of them (which is less than 1 percent) have an actual use case. the rest of them use fancy buzzwords like tokenomics, and describe how the coin numbers are supposed to work...but that is not a use case. tell me why it holds value or can be used to purchase goods and services.
i agree. tezos however is one of the few blockchains with real world utility. just check out the werenode p2p ev charging app for example. where you can share ev charging equipment with others and it´s tracked on the tezos blockchain. also car companies are researching on tezos for autonomous driving.
cryptoassets? i see no utility. cryptocurrency on the other hand... let's just say low-transfer fee coins given to a relative on the other side of the globe to cash out is often cheaper than wire transfers. faster too.
wmt - world mobile token is rolling out internet service to all of zanzibar - that seems pretty high on utility to me. but yeah vast majority are garbage.
youre so right, but also so wrong. yes, hype is far past deterministic utility. thats how all forward looking markets work. and if anyone can create a token and financialize their application, it creates a hyper speculative environment. but your expectations on crypto eating the world are unrealistic. it takes time, even for perfect products to reach mass adoption. also, mass adoption is not necessarily a good thing. too many people are treating this space as a get rich quick scheme, and blaming crypto for their poor decision making. its going to take years for the infra to evolve to a point of direct competition and ux with web 2. dont kid yourself. but in the last couple years, there has been a ton of new utility introduced. nfts are now globally recognized product primitives in their baby state. we actually have running, functional, revenue generating exchanges and money markets. we have an incredibly effective dns system for addresses. we’re able to offer derivative markets. we even have ways to interface with fiat financial systems, where you can spend crypto in the real world. a lot of the creation is blue sky, not a direct replacement for existing services. a lot of the products here are (and should) be aimed at businesses, not consumers. new categories take time to establish. its frustrating how little people understand of whats actually going on, and bitch and moan about not having a free ride to the moon. just because you dont have a use, or see how things work, doesnt mean anything. im sorry, youre completely irrelevent. please, sell everything and shut up.
changes do not happen overnight. so big changes take even more time.
i'd say closer to \~80%. even bitcoin's scarcity is extremely useful as a currency. it does not have any applications, but it is got the whole 'value in scarcity' going for it.
agreed on lrc. i have my entire crypto holding in that. i don’t think people realize how much of a necessity even with eth 2.0 it will be
oh i definitely won’t lol if you’d said that of the top 100-200 then there’d be room for some debate but i watch that number at the top left corner of coinmarketcap lol there’s almost 12300 of those things and there’s literally thousands of bs dink doinks out there.
main role of crypto is being trust-less digital money, that removes the middle-man in form of governments & banks, thus it is more predictable and fair. crypto is facing scalability issues. btc . this opened the window of possibilities for brand new cryptos to march in and claim that they are cool, decentralised, fast and scalable. most of them in fact cannot susvive the highload, but you would not know that until they are overhyped and actually used so much that you hit the limits. some of them have decentralisation issues that are obvious, some are hiding their malicious intentions better. but in the endgame, someone will make good reliable project eventually, and whoever recognises it now and buys early will be able to skyrocket.
which is why ive told people to invest in jasmy token... but its too late in about a month... ill be sure to buy you a happymeal in my lambo
my biggest bugbear is nfts. the clue is in the name: non fungible. the prediction is they will be huge, but not in the sense of individuality being ‘worth’ something, but kind of as a bar code on other items ‘worth’ something. like an actual picasso, or a ps5 or an iphone etc.
i have read (sorry, do not have the link handy) that nft's "could" be used in the future to handle document control, recording, and proof. 1) in real estate, hold property deeds and title, showing the "real" owner and having a permanent blockchain record of all related documents and proof of ownership. 2) with car registration and title, same thing. all documentation and records for a vehicle can be stored and ownership. i could be all wet, but that sounds interesting.
btc for a store of value, eth for nft and all that, xrp for cross border payments, algo is pretty good also
when there are thousands of cryptos out there, inevitably only a small portion of them will be viable options with any real utility. does the fact that 99.999999% of quarters are only worth .25 change the fact that a 1932-s washington quarter is worth over ? no. which is why we do not tell you to go out and buy every quarter you can find for .00 in the off-chance you might find one of those rare 1932-s coins. we tell you to dyor so that you can properly identify that rare coin before you buy it.
only reason crypto isnt used to much is simply because the banks and goverments around the world lose their power if its adapted for general use, before crypto came fiat currency was used for all criminal endavours, but how often did you seenthe news shit tall fiat currency because criminals used it? never. why is it now with crypto most you see is bad publisity? live your sheepish ways and bend to felatio the banks and goverments who got debht up to your ears. will also add this, you can get more now than ever before from crypto, hell even el salvador have adapted it to their currency, sure its a small country, but if crypto got the growt it had the last 10 years for the future, then it will just be more and more you can buy from crypto. as a finisher, even if you couldnt buy shit for crypto, as long people see value in it, then it will have value, you vant go buy a lambo with a picasso painting either, you got to sell it to buy, alot of things in this world wich you cant use as a payment option, but still got many mill in value.
so does 99% of currency and computer science? you getting a wheelbarrow of zimbabwe bank notes to buy a loaf of bread in kentucky? you using those boolean logic algorithms for figuring the tip to your jenny’s with a big d wait staff? why are there so many of these triggering, may i say pointless?, posts. i hope they bring people in but it’s like you don’t care about who sponsors what race car in nascar, the fact america builds wooden homes which i found out ain’t so common, or how much money gets made by rip off cartoon character plus he’s in claw machines. once something has enough peoples interest then we all act like duh, of course sports shoes are a thing. but until then it’s a niche with hobbiests and hopefuls. what’s it like from way up there on your high horse? king of cryptos here and he wants answers, i know i have a valid argument somewhere in one of my 20 cell phones that are obsolete since they came out, which was in pretty much the same tech-to-implementation path. 99% of waves aren’t even audible, cmv pssshhhh please
fiat will have less of a future use case imo. it cannot even properly be valued right now because it is so leveraged to our debt. as it stands, today, i agree with you. it's a risky hedge, but i mean playing it safe is for newbs.
i agree that most of crypto is dreaming of use but mostly because of how easy it is to make an erc20 or bep20 token. i think we thisagree on the metaverse but it’ll take a global catastrophe to bring it to full realization
let me offer some perspective. military guy here; one thing we learn in our nco academy is to adopt new ideas"lagger." there are typically 3 kinds of people: a: those who takes the ideas, adopt them, work towards their success. these are the people who get in early on crypto. then you have b: hesitant at first, but eventually adopt the ideas or processes. finally you have c: the laggers... ppl the people who resist change and are finally forced to hop on board not out of want, but necessity. c types somewhat represent the fomo crowd. currently, crypto is still relatively new to the global market. sure, there are billions invested, but acceptance on a global scale is limited. regardless, whether you want it to or not, crypto is here to stay in one form or another. you can either adopt early (high risk), wait it out a bit on e the kinks are ironed out (lower returns), or sit around with your thumb up your ass and fomo last second. these principles apply to everything from policy, to crypto, to new technology acceptance.
blockchain has utility. cryptocurrency has gas fees and volatile value. people try to lump them together. these are vastly different concepts.
assemble protocol is well established in asia as a e-commerance shop that you can spend you points on and the app has 750k active users.
it's higher than 99%, closer to 99.9%. but how can you compare babydogerocketshit to actual projects like matic, lrc or bat? anyone can make a shitcoin at any time, of course there are far more worthless coins than there are real projects. real use-case projects take years to develop, years. you can make a shitcoin in a matter of seconds.
this is one of those things where, quite literally, the vast majority of the world has been trying to warn enthusiasts *for the better part of 3 years* that crypto is a ponzi scheme. "hopium" runs deep, and it blinds. the reason nfts are trying to make a push right now is because it is one of the only things that crypto can be used to buy. except they are also inefficient, useless, and valueless. as we experience potential grid thisruption, (whether it is just texas texasing, world war 3 via russia, or some other collapse-oriented phenomena) people are going to be utterly **shocked** when they realize that their crypto is worth, effectively, .00.
what are real life utilities for crypto other than buying smurf-porn from the internet? also does anyone know a good source for smurf-porn?
does storing value over time and moving value over the internet have no value ? if so then all money exchanges , money transfer services etc for fiat money should be deeply unprofitable and shut down … like does pay pal have any value ? do banks have any value outside of making loans ?
brave browser can exist without bat. bat is an ad delivery platform that is integrated into brave. a lot of crypto people conflate the success of the browser with the success and metrics of the ad platform. the browser has its own competitors (google, microsoft, mozilla) and the ad platform has an entirely different set of competitors (facebook, google, etc).
99% is a bold statement. let's just take eth with all the token (wich can be useless but eth is not) and nfts trading on the chain. if trading and collecting nft is a real life thing... hey even bieber is into nfts. btc is also usefull and used to actually buy things and trade or send money. just those two are 60% of the market by their mc.
you have to look at it as a company perspective. each coin is a company trying to get market share and use 99% of them will fail and these are your "0 utility coins". its not that they dont havr utility, its that they will lose in the long game to competitors for adoption. all of these coins are fighting for basically the same thing, to be a utilized form of currency. things like eth are changing towards being a network layer to run coins like lrc and many many others, rather than fighting to be a currency for transaction. btc is basically trying to be a gold standard at this point. some are trying to make it currency with things like lightning network etc. but its innate design is much better as a store of value than a currency due to its maximum supply. contrary to popular belief, inflationary currency is semi necessary for economies, but it being controlled by an algo and not people is a strong thing. but at the end of the day were playing dot.com gambling on coins to see whos going to survive. we'll have mass adoption of maybe 3-10 coins. in most areas of the world simialr to how different areas have different credit card networks. outside of that, unirronically, i think we will see private network nft chains used for many things. i specifically say private. these wont be jpgs, they will be tickets and the like to prevent fraudulent resale to multiple people.
i’m kinda with you. the common response is defi but is anyone taking out defi loans to buy cars or houses or for education? are they taking loans to start businesses? or are they just taking loans to buy more crypto and speculate more….
there are two core usecases. one is well actualized which is illegal or banned commerce. and we are not talking just the drug markets here. crypto gives people the ability to transact everything from human lives to helicopters without the usual (taxable and traceable) channels being involved. the second, which is far more exciting is offshoring. as crackdowns continue in places like china and now possibly russia, the ability to move and hide wealth is becoming increasingly valuable. imagine a typical offshore account. accessing your money is a tedious process with many hoops involved, whereas crypto makes a lot of those hoops easier. as traditional finance and crypto slowly and inevitably move closer together this will be a huge future driver. now that said most "usecase" based tech is worthless and does not offer a single tangible advantage over a tradition sql database or spreadsheet application.
the value of most crypto is too volatile to be useful... bitcoin for example is an investment. i'm not going to spend a currency that might double in value the day after i spend it
i had to visit a payday loan the other day. the building exudes desperation. basically it is an empty lobby with a few chairs then some thick plexiglass to separate the one teller from the customers. but the kicker was that there was a btc atm in the lobby. why in the hell is there a btc atm in there unless absolute desperate people are paying 300% interest in hopes that they become millionaires? i can think of no use case for that btc atm in a payday loan except to milk desperate people into a deeper hole.
i reckon i can change your mind. there are about 10,000 different coins, based on there being over 8k the last time i read a figure for it. therefore i think you probably missed a ".9" from the end of your figure.
crypto is still really young in the grand scheme of things. with the world becoming more and more connected and the internet being what it is, i think a lot of the utility has just yet to be realized yet. if nfts actually become more useful than just certificates of ownership for internet art then you’ll see a *lot* more utility for the average coin. just give it some time
i've asked this before. the two use cases below are all that i can come up with for every day use for the majority of people on this planet. 1. something to invest in that over time, goes up in value. you sell said investment for profit. 2. sending funds to someone on the other side of the planet without a middle man now for the more techie people, there is two additional items a) defi b) nft trading ' however i do feel that crypto today is like the internet in 1995. it's here but we're not quite sure what we're going to do with it. need it to mature more... get what i mean.
you’re correct. just like most websites from 1999 eventually became totally obsolete. the best projects that we need likely haven’t been developed yet.
but but it’s going to be the google of blockchain! i mean it’s going to be the tesla of blockchain! i mean once we burn 99% of the supply we going to lambotown
i largely agree, but i find xhv pretty useful despite some of the problems it has had. it will be even more useful for me once the blockcard rolls out. in part because stablecoins and holding gold and bitcoin on a monero like chain are nice to me. less fluctation than just holding monero. [crypto.com]( coin is useful to me purely for free spotify.
i guess you could argue that any token that serves as the backbone for running defi apps has a valid use case. as it is pushing the boundaries closer to a decentralised banking system. what these tokens are could be subjective. for me this is tokens like: - luna - eth - algo granted, in most cases it may be more than just the token itself but the network of apps that this token powers and enables. so i guess what you should be asking really is - >is this network or ecosystem of apps that this token powers, something that has the ability to grow and thrive?
nfts do not require much for mass adoption. someone just needs to implement it for the woefully obvious stuff. platform independent media ownership for one. buying songs, games, books, apps, etc.
88% of all stats are made up. ps - for instance, if we look into the top 100 crypto by marketplace, we'll find plenty of use cases and utilities like bitcoin as store of value, algo for low fees, ethereum for smart contracts and robbing people with their fees, monero for privacy, few stablecoins, etc.
99.9%. thats why the whole market follows bitcoin, the real world usage of nearly every single coin is 0
*wavin hands and makin wooshy sounds* your mind is changed! say it, it now has utility
the problem is not utility but rather accessability and user friendliness. how is the average citizen who is not tech savvy at all supposed to do any sort of exchanges with crypto or see the advantages? at this point it needs way too much knowledge to get into crypto right now. we're still at a point where it has not been mass adapted, but this only means that it is a matter of time. the technology is highly useful even though society may not be ready for it. electric cars have been around almost since cars were invented but they got only adapted since tesla came along and made them desirable to the masses. computer platines were used but you had to be really smart in order to make something that you can use. then apple came along and realized a product that not only could be used by average people but also was highly popular. this is what's missing in crypto. we need a widely adapted and incredibly easy and straight forward product that is also useful and it even should make those jealous who do not use it. that's what's missing. and until then, we will all be early adapters. same goes for nfts.
20% apy on ust with anchor on terra front ends and bank integrations are being built and one of them is backed by mark cuban
flexa with the . it uses crypto as collateral, but every tom, dick, and harry can have it working on the backend while they spend their fiat (eventually). only crypto enabled payments thus far, but they are built to be asset agnostic. much bullish.
why is there no litecoin recognition up in here yet? biggest network effect besides bitcoin, more decentralized than bitcoin, on more payment platforms than any other coin besides bitcoin.
it generates me fiat money, that is a good usecase for me. all the defi stuff is really fun to use and i enjoy it more than putting money in my savings account or buying stocks.
ehh, you might be looking at the wrong crypto look up iso 20022
i believe in lrc
this is how people talked about the internet in 1994.
it’s great for buying drugs
buying stuff on darknet.
what utility do stocks have?
givetime ( gtm). the givetime.io project will always have a mission: "extending the full life of human beings with the help of science and medicine". i say that there is a real goal, will we achieve it - we'll see
completely agree. current valuations are almost entirely speculative. though is pretty cool, tokenized real estate with daily rent revenue, built on algorand
nano best for transactions. for token creation idk whick one is best, perhaps vite :d
invest only in coins with utility... btc eth but once crypto get vast adaptation all utilities will b related to crypto
gaming, audius, sports bets... i think there is utility certainly, mainstream adoption is what's lacking in the space. think of crypto now as you would think of the web in 1998. a weird place waiting to explode
the only one with real utility for next decades is ethereum.
exactly correct. thats why 99%+ do not have a **floor** and can go to **zero**. shit, 100% of them can go to zero. yet you always see scores of people panicking: "why is this coin dropping?!?!" these people do not understand:the only thing keeping any of these coins up are people yelling "paperhands!" or "sellers get rekt!" that's it - people invested hold the coin price up and if you do not know by now, people dump. these coins do not have a product that has a spine like sony (ps5's, tv's, etc.) or microsoft (xbox's, home computers, etc.) or apple (phones, laptops, etc.). if you hold these stocks you get paid practically every time they sell something. real people buy and use this stuff. you'd feel comfortable because as long as they are selling real *products* they would not fall out overnight. when it comes to software discord, slack, zoom, etc. have been around as long as ethereum has yet has more worldwide usage than the entire blockchain space combined and is worth a fraction of the market cap. blockchain has had plenty of time to do something already, a world of time in tech in fact - it is been around nearly 8 years. these coins have absolutely zero product except the coin itself, which is useless in the real world. only thing they can do is be sent around to get cashed out. they all can do that so we do not need 5 million different coins.
no one ever talks about helium which literally provides a long thistance network across the entire country pretty much. talk about real life utility.
cosmos network ibc. this is shaping up to be the next tcp.0. this will not only allow for smooth of transfer of goods but will also be a tool that can be used to swallow web 2.0. this will allow for less censorship and prevent situations where government (at any level) can do what they’re doing with the whole burning of books fiasco in the us. also, not just the ibc; cosmos atom itself will also play keys roles with its community governance protocol. this is going to eventually get to the point where any form of proposals can go through to acquire community pooled funds that allow for some sort of growth. whether it be towards the betterment of our species on a social level (solving things like homelessness or other social services) to things like scientific research and development. currently these two extremely important fields that are answers to the advancement of our species is being dictated by the over arching fiat controlled ceiling that major corporations have over everything including our governments. the cosmos ecosystem and the ibc is the start of something new. a new way to allocate the thistribution of information, wealth, and possibilities. and the beauty of it all is that the cosmos blockchain along with its native token atom, which are both built in the cosmos ecosystem using the ibc, is governed by the voices of the cosmos community. but wait! there’s more! firstly, the cosmos blockchain and it’s native token atom are not! the cosmos ecosystem and the ibc, just one of many interconnected blockchains built in the cosmos ecosystem taking advantage of the ibc. and one of the biggest advantages of using the ibc is the removal of the actual external effects created by crypto currency (*cough* bitcoin *cough*). this tech is not meant to compete with the crypto space, but actually meant to connect everyone with a level zero solution. not some level 1 that has a whole bunch of blockchains connected to it (*cough* ethereum *cough*). but in all honesty, there is so much more potential than this. and it’s not based around the fiat dominance or financial gain. it’s bigger than that.
completely agree for the most part. if you want actual projects with utility, here are some to check out: * akash: decentralized cloud services used for deploying websites and applications. while most deployments so far do happen to be crypto projects, that is just because of the niche. one of the most prominent dexes in the space, osmosis, is built on akash. * sentinel vpn: a decentralized vpn you can use on your phone (ios and android). now you do not have to worry about a centralized service provider selling your data for money. * skyweaver: a polygon-based trading card game, a la hearthstone or magic the gathering. no native token bullshit, no exploitive gameplay model - just earn cards and build your decks leveling up, or use usdc to buy cards from the market place if you want a specific one (or a premium version with a unique aesthetic). play casually or buy tournament tickets with usdc to enter round-the-clock tournaments to test your deck and win some premium cards of your own to sell on the market. * ust: several regulatory-compliant, insured fintechs offer physical payment cards using ust (terra). use them like a debit card anywhere mastercard is accepted, while capitalizing on elevated defi yields from 10-20% by cutting out middlemen. some to check out, depending on your jurisdiction: chai, kash, outlet, alice.
this is what they said about the internet. read a book called - investing in crypto assets in the age of autonomy
ens has a use, yes this is a shill
right now 0% of cryptos have any real utility. they are just used for speculation.
yes, most crypto is shit. however, there are some gems in the entire shit pile to be found.
the real life utility is to undermine confidence and allow banks to ‘regulate’ it for consumer ‘safety’
what about vechain and iotx
how do you define "real life utility"? does buying government issued bonds provide real life utility? investing in stocks? does playing a videogame provide any? i think one could make sound arguments for real life utility in more than 1% of crypto tech. will 99% of them be successful? maybe not. that is the speculation though, just like the .com boom people with lots of money see the potential here and that is what we are betting on. painting the whole crypto industry with a wide brush as not having utility is intellectually thishonest.
so whats the utility of btc that other coins do not have? if we judge by utility then btc is a shitcoin.
onchain scaling with cheap fees is the only type that actually works long term (such as bch). the rest are gamblers playing speculative games on leverage.
dude. you have so much to learn. we are so early. crypto as a whole is still very much in its infancy stage. your concern is unwarranted.
so let us assume that your talking about the top 1000 crypto, so 1% equates to 10 crypto currencies. so if i name 11 then i prove you wrong. 1- helium 2- deeper network 3- wagerr 4- xrp 5- audius 6- flux 7- vchain 8- akash 9- pundi x 10- woonky power 11- scprime these are just off the top of my head if did a bit of research i could probably get up to 5%
don't. the media's expert on crypto, blockchain, and all of that had this to say about the subject. >short version 1) should i buy bitcoins? > > no. > > 2) but i keep seeing all this stuff in the news about them and how > >no. tech journalism is uniformly terrible, always remember this. > > 3) how does this work? it doesn’t make any sense! > > no, it really doesn’t. it’s impossible to accurately explain bitcoin in anything less than mind-numbingly boring technical terms so you should probably just not worry about it. go do something useful instead. in fact everyone who advocates crypto who needs to read attack of the 50 foot block chain to truly understand the subject in terms bigger than, "you could make millions on crypto, a secure and untraceable currency." crypto currency is basically gambling. everyone picks a random crypto to back when it costs less than pennies per units and prays that it gets some traction so they can cash out when it gets up to a dollar per unit and make millions of real world currency. the ones that hit big and make atmospheric amounts of money are randomly chosen by fate. and the rest that got big for a while were pump and dumps schemes. some guy hires a firm to talk up a random crypto all over the place. everyone "goes with their gut" and buys a lot of it. as soon as the price gets to a certain threshold, the original guy cases out, makes millions and tells the firm to stop talking that stock up, which causes the price to go back down as people lose interest. don't get into crypto because it might make you rich. do it because you have extra income and like to gamble frivolously.
i do not expect it to be adopted suddenly because every new technology takes time to be adopted
that’s what every one says about the swiss army knife until they’re stuck in the woods
i'm african. my colleague pays 10% fees to transfer fiat to her elderly mum in a neighbouring country. i believe blockchain can provide a cheaper, faster, and secure option.
i've been buying shit with bitcoin since 2013, and later with eth, and after that with monero, tho in hindsight i wish i had simply kept it, there is plenty if utility, tho indeed if you talk merely in the number of tokens and coins that exist then yea most are shitcoins, but if you talk of percentage of total crypto market cap, then i can assure you that your 99% number is very much mistaken
i believe you are right about a huge part of the crypto world, but it is much lower than 99% mate. defi is now in big sway on adoption in everyday life, overturning the old financial system and bringing us much closer to regular usage of credible stablecoins like , , and others fully backed stablecoins from the e-money project. also, the nfts are really undervalued because of all those useless monkeys and puppies shitty nfts, but there are much more useful nfts like sports ones for example, which will become the most important sports collectibles in the time to come.
look at rndr. its gpu rendering of digital assets competing with the likes of pixar’s system that they use and for a fraction of the cost. they have a boat load of partners already like hbo, disney, maxon, marvel etc.
have you ever heard of defi? no, transferring any infinitely scalable sum of money to anyone across the planet instantly without the input of a single third party has no utility whatsoever. ngmi
wtf hahaha are you kidding me this post is dumb as crypto offers heaps of real life utility, leading and borrowing for one, there’s gambling sites for crypto massive entertainment use there’s heaps of use cases read a book
new better financial system where everyone with their mobile phone can and will participate,where better,faster and secure networks with less fees will win! you have to ask yourself,why billionaires investing millions and billions in it if there is nothing behind it. i want to be able to take my loan in defi,backed with ethereum,send it with xrp in 30 seconds to my wallet and pay for my house in usdc!
get the fuck outta here
99% of the advanced science has 0 real life utility. change my mind tldr, things has 0 real unitily will have huge real utility. can you thistinguish those wont versus those will?
ethereum is a secure settlement layer with smart contract capabilities (decentralised apps). rollups are layer 2 solutions that increase transaction speed to help you le it inherents the security of the base layer. visa for example is working on their own rollup for settlement on ethereum. this gives visa the ability to have high transaction throughput on the soon-to-be most secure blockchain in the world. no more reliance on multiple traditional barbaric settlement layers. find out more at
99% ? nope, 100%
one of them is bitcoin.
blockchains are inefficient and do not scale. it's only real usecase is bitcoin. most cryptos are glorified centralized databases with coins you can gamble
xrp has the most utility of any coin
you can send any amount of money anywhere in the world for fractions of a cent …. the fk this guy on about no utility? tell us you don’t understand blockchain without telling us you don’t understand blockchain
considering that bitcoin is 40% of the market and has utility as a store of value, you’re very wrong. then add in amp, arweave, vechain, and chainlink for more tokens with direct real world utility.
this has to be the dumbest post ever and this subreddit have seen quite dumb ones already
the ability for the common man to buy something in 5 seconds on the internet, at one price and one time, then sell that something at some future time, in 5 seconds on the internet, at a different hopefully higher price - that is utility. boom. mind changed.
no need to change your mind, you’re right sir!
that’s why i invest only in the big ones.
**that's why \~ 80% of your portfolio should be btc!**
moat of the market adds things that benefit a few people rather than something with utility
true, but that 1% is that has utility is enough to change the whole world
so you say there is a chance for me to get out of poverty?
bepro, is getting used already around the globe
this is true since there is like 20,000 coins, and only like 10 have real use cases.
check out power ledger they actually have a real life working product.
i don’t want to change your mind
that is equally correct because 99% of cryptos are shit.
i think you're right.
you think having the privilege of paying extortionately high fees isn’t a real life utility?
well, tell me what is the 1% that you think does have real life utility...
ive yet to understand what jasmy does
simialalry, 99% of the internet is useless. you're right. choose the right projects!!
i mean. thats a fact. u dont really need to have an opinion about that.
request network invoicing app.
tis a lot of scam
99% is being generous. it is not a stable store of value, nor is it widely accepted, nor is it easy to use. instead just here to make money.
well to be fair, it’s not that it has zero utility. 99% of crypto satisfies your urge to gamble and win. i just think of crypto as a new outlet for gambling, which is a pretty big industry.
you are right. you just have to invest in the remaining 1%
if it makes me money, it has great utility.
99%? more like 99.9x%.
i see. monero is another 1% ;)
can i convince you it is 99.9999999%?
i'm under the same impression.
99% of the posts in this sub has 0 real life utility.
bat has a use case
also crazy to think if we lost electricity we’d pretty much lose everything.
no way... only 99% ??
amp enters the chat
for people who managed to sell for profit, crypto has 100% life utility
why would i want to change your mind? more for us.
no mention of origintrail (trac) in the comments? smh
i do not wanna change your mind😌
what you do with your gold oh may own on paper?
i use . it’s accepted at 155k locations in us
it's entertaining at least
99% of early internet companies were useless too. how's that altavista stock doing?
we are in the era of cards when the prior generation only had dice
you are wrong, 100% doesnt have a utility, have i changed your mind?
anyone who puts more than a few grand into crypto is insane.
you put money in, get money out, use money to buy anything in life.
another post seeking attention??
so we are early. sweeeet.
sounds like you did not actually read the whitepaper...
crypto dot com credit card. defi for passive income
i find the interest you get for holding a token funny, it is like here hold this and get more useless shit for doing so. it seem so circular. next thing you know it is increased by 1000%.
exactly what some people were saying in the 1950s about computers.
and the 1% will change your life. pick wisely.
moon farming has ruined this sub.
no fuck you buddy do your own due diligence and change your mind.
this is a good post for a good ol fashioned !remindme 1 day
yet. it's not black or white
amp will be one everyone knows soon
the utility is...it can make me rich, that is enough for me
i'd probably say more likr 3% is useful. a lot of useful stuff dont really do marketing
could say the same about your parents. also brave browser, and decentralized vpns.
careful you might make people think critically
probably this op would not age very well in 5 years time.
i've stopped trying to convince anyone here of anything. dyor.
look at lrc. going to have massive real world implications once adoption kicks in.
maybe rich countries such as the us see less benefit from crypto.
your mom let me pay either crypto when i had sex with her.
most humans thisplay 0 real life utility wherever possible.
cxo just standing around being legally mandated to use in egypt 🤦🏾‍♀️
that will change over time. sometimes preference is a real utility. screw big banks
"change my mind" and "you cannot change my mind" posts...
cro, bat, algo, theta, luna.
99% of people are in crypto to make money, not for the utility. so it evens out.
nothing to change with the thousands of meme coins and shit coins that just exist to have a silly name i completely agree with you
come on it’s going to be the new monetary form in the future crypto will have utility always in more ways than 1 you know this
but my favourite coin lets me buy a gallon of milk after i convert it to fiat. as everyone knows, the more middle men, the better
these fearmongering posts are getting repetitive.
i think a few of these big defi exchanges can become a type of new age bank. the few that will last years that will take, but i honestly believe there’s a chance
bread and circus, my friend, bread and circus. without lotteries, we'd probably have a dozen more riots each decades than we do now.
nft ticket stubs and receipts
tezos has really good utility and is easy to build on
bitcoin restores hard money to the world, which has tremendous value. apart from that, i tend to agree with you.
stellar almost feeless cross border payments and lately much, much more then just that. stellar should be in that 1% pool
accurate 95% is just scams and ponzis, the other 5% is depressingly underwhelming and has a million miles to go yet
i think most would agree about 99% being bull crap but defining which ones constitute the 1% is what is ticking the market.
this is only your sentiment because you live in the west today at this particular point in history.
any is the government trying to outlaw it then?
i agree. we can talk about the technology all we want, but as long as 100% of us hold crypto like it’s a stock, there’s no way for crypto technology to actually make a difference.
i bought a lb of cbd flower with btc on the internet.
you're being too generous, most really suck.
another recycled post... yea, i've seen posts like those, just stop karma whoring
wait till you find out 99% of the top 100 do nothing g
fetch.ai - educate yourself
i remember seeing these posts in 2017 and 18 during that crash.
el salvador, but that is pretty much a joke at this point.
vechain, dvpn, any smart contract, all the crypto games coming out (the game industry is huge)
yes but do not say it out loud. we do not want people to know that, cause than it would not grow.
lto: hold my beer!
eth link and most layer 1s with booming defi economies strongly beg to differ
99,99% in the world do not need tulips, so?
can't cuz you am not wrong lmao.
lol...use crypto to tip strippers. the real real life utility
whoah whoah whoah...rocket emojis and reddit threads are not a "real use"? my whole life is a lie.
vechain has *some* utility, but i agree they have been overpromising so far.
dogecoin actually functions great as a currency and its adoption is growing.
yea, sir your numbers are way off. it's 99.9999%
opacity: cloud storage plans
all cryptos can be used as currencies so they all have a use?
yes it does, to make me **munnies**
no shit. what the 1% turns out to be is anyone's guess.
there is an exorbitant amount of potential real-life utility scenarios, but most r&d teams have not been given the green light to experiment with this new tech sector. new = risk for these fortune 500 ceos that are responsible for allocating company funds, and to them it does not make fiscal sense to sink company money into technology that the government bureaucrats and media are constantly attacking.
i would like to bring your attention to the word ‘speculative’ in the term ‘speculative investment’
monero and bitcoin cash are 100% useful and full of utility and privacy
i completely agree! besides matic and lrc i would like to highlight bsv. as much hate as it gets, it is the only pow chain (that i know of) that trully scales on layer 1. it delivers as electronic cash with it is miniscule fees and is the only coin that tries to work with the law. 95% of its hate propaganda are chilthish lies. once you listen to what csw is trying to achive with it and why and how, it makes a lot of sense. it's the only crypto that does not try to sell you it is mooning price, but it is utility. it's not an investment, it is a tool. i find investing in crypto nonsese, especially btc as it has no intrinsic value, it does not pay devidends, it is useless.
basically agree but probably more 70.
moneyclip is a pretty great e-transfer app that uses eth blockchain for security purposes.
gold also has no real life utility other than being store of value and accessories. you may say it is one of the best conductors but it is hardly used for that purpose. it is passed that stage of being a gamble. things are only valuable because people give them a value. and that much money being in the markets, we are at a point of no return. good bye fiat!
i'm just happy banano is not one of them.
crypto exists to solve a problem - the average man is broke, but *maybe* by investing in this "digital money" the average man can become significantly *less* broke.
do you consider insurance a utility? decentralized currencies are insurance against irresponsible fiscal policies.
zero utility, sure... but we should honestly be treating it as a diversification of assets. i'm not holding thinking that ethereum will be the world currency someday. i'm just holding to take advantage of any gains as it rises and only betting slightly more than what i can afford to lose.
what do people think of yearn.finance?
one of the main points of crypto is defi bro. that is real life utility
this is why i laugh when people use the term "shitcoin". 99% of crypto are really useless i reality. we just try to tell ourselves they are not.
just see coffeezilla video on ice asshat cx coin scam and rug pull. sorry, but crypto is a joke until this sort of thing is stamped out. then there is tether…
why do you think cardano is focusing on realfi? africa projects, cardashift, veritree and so on...
\*usd has entered the chat\*
can you buy things with it….???
iota enters the chat
change your mind? i'm not your mom. you do you.
crypto is weird. none if it really has utility as a currency (monero has utility as a blockchain, it would be great for privately moving any monies) and the ones that due typically just use it as a currency to buy whatever the service is. bitcoin is only any good because it is a tradable thing that will not inflate massively over time unlike most fiats.
i think you're talking about nfts
money gram is using xlm now
i'm no expert, but i thought ripple had utility and was actually being used by banks.
i'd recommend looking into wmt, world mobile token if you want a crypto with a massive utility case.
unless i can pay for goods and services with it today, it is just a speculative asset and likely a scam.
a lot of the internet doesn’t have utility either. on the other hand, there are a lot of useful websites and apps that have changed the way we live. you will see the same thing in the crypto space as more dapps are developed.
i like harmony a lot. i was meh on it when i just saw it sat in my wallet and (thankfully) appreciate in value. then i started learning how to use defi, got set up on tranq, and got a nice lp in defikingdoms and curve. game changer. the rpc issues were annoying but it was still a better experience than polygon imo. aurora is also pretty rad, but they don’t have a money market yet
utility matters not in a world driven by hype. just don’t be the first or last to sell.
in short, bitcoin: a peer-to-peer electronic cash system. my own longer version. decentralised blockchain-like technology enables privacy, security and freedom among other things. we have the technology to create a truly private, truly secure and truly free web. also, think about buying and selling energy in your own neighbourhood. perhaps you have no solar panels but your neighbour does..., there are in fact companies already doing this. i could go on and on.
i find myself saying this often, recently: 99% of everything is trash
somehow "crypto" and "stupid ass meme coins" became synonymous. but i view them as two separate categories. i refinanced my house in a process that took several weeks and hours of hunting down financial documents, not to mention thousands in closing costs. on the other hand, i refinanced my eth loan in a few seconds and for a couple hundred bucks in fees. there are real uses for crypto, but safehitler inu muskcoin type shit is not it.
99% is being nice considering how many thousands of shitcoins there are. there's probably under 20 that actually offer utility.
a lot of this sub is stuck on coins used for payments. there are absolutely more than 100 coins that have actual utility outside of having a nice looking logo. we have: l1(ethereum, insert your favorite alt l1 here), dao tokens (olympus), revenue share tokens (convex, spell), stablecoins(luna, synthetix), protocol governance and incentive tokens (aave, compound, uniswap), oracle tokens (chainlink), exchange tokens (binance, cake) there are more but this is what i could think of on the toilet. the real problem is most of this sub hasn’t been exposed to the actual use cases of crypto. most people haven’t bridged to another network or even created a metamask here, let alone gone deep into complex defi protocols and there value props.
of course it has 0 utility in real life, you don’t invest in the utility it has but in the utility it could potentially have. didn’t you wish you had invested in tech firms back in the day? apple, google, microsoft when their headquarter was still a fucking garage? yes here’s your chance. crypto is the future and because of that we invest in it, not only because of that but because it can set many of us free from the shackles of society and world, in simple terms rich so you can give a fuck about everything and live your life
99% of finance and tech has 0 real life utility. change my mind.
banano "mining" is actually running medical science tests, creating a sort of thistributed supercomputer that actually helps further science while we all lose our money. real world use :)
disagree it is 99.9%
random skeptic: crypto is a ponzi scheme, why would you buy something thats only digital and has no inherent value? monero: i am decentralized digital cash, without risk of excessive inflation, and with more privacy than any digital currency in the world.
imagine you’re firing at an archery target with a shotgun. you’re definitely going to hit the bullseye, but many of the pellets will fall outside of it, with even more missing the target altogether. what ends up being in the bullseye and which birdshot pellets land in it…that’s the question, right? 🤷🏻‍♀️ i don’t know if this metaphor even makes sense but i think it does?
in my opinion, the more democratized access to investment vehicles via the defi space is probably the top thing oh and smart contracts are the end of services - aka middle men taking your money - like escrow and thieves like western union. blockchain eliminates the need for title companies. blockchain would also eliminate the need for t+2 in stock trading, and by that i mean it would eliminate the need for one of the middlemen in stock transactions, being the clearinghouse. t+2 is trade date + 2 days, which is the time required to actually settle a stock trade because all trades are submitted by brokers to a clearinghouse that lines all the transactions up...basically they move all the stock certificates between the various parties involved in all trades... and this clearinghouse was almost responsible for the entire market collapsing as the gamestop debacle exposed. blockchain would have the public record of all trades so there would be no need for this any longer as we would all know exactly where every stock ownership certificate would need to be moved to. i am sure there are a number of other use cases here but this is more about the technology behind crypto than the cryptocurrency itself.
all crypto (that is not a stable coin) can go up in value. when it goes up in value you can sell it and make money. then buy real world things with that gain. being a gambling token is the utility
> are we throwing money into the void? pretty much.
i paid for my csa vegetables this weekend with btc. our farmer loves crypto transactions... btc bought our food for the week. i think it has good utility!
1. ever had a transaction take days to clear? near-instant and perfect settlement of transactions is already available. 2. ever had a credit? risk of that type of fraud is completely eliminated. 3. want to hold your government accountable? censor-proof document storage is already available. 4. want to be an active part in making the financial system work? run a node for your favorite protocol. 5. want to monitor your air quality and get compensated for the data? join an air quality monitoring project. 6. want to invest in real estate? buy a share of a property title instead of a house. beyond this short list, there are many projects that are in the works. the possibilities are truly endless.
helium- and ironically helium goes up
99.9999 actually. let’s spend money to buy other money to spend….until employers pay and accept crypto it won’t have utility. until it’s no volitile they won’t. if it’s not volitile price will rank as no one will want to ‘buy’ it. whole things so fucking dumb
it’s definitely more than 99% there’s like 13,000 coins 0.01% will actually have any real world utility.
bullish on mindchange inu
ultimately, crypto currencies main use case will be in managing information at warehouses, factories, farms, laboratories, retailers, and even for the consumers creating an authenticatable trail of ownership as items move through the supply chain. beyond just a trail of ownership additional authenticable information can be included into these records to allow for an even more rich information trail to be created. however, all of this infrastructure will take money to operate. right now we are building the finical backbone that will allow that infrastructure to exist.
amount of people talking shit about crypto without even knowing anything about the projects is worrying
sounds accurate. i mean 99% of the crypto market are shitcoins so...
are you saying bitconnect is not useful ? how dare you ?
2020 closed art galleries so money laundering found new ways, called nft.
i'll save this post, will literally reply to this in 10 years. let's see how this ages :)
probably more than 99% at this point. but depends what you base that percentage on- money invested, current value, amount of coins, etc.
sure, but the entire idea of crypto has been lost on the masses, who probably aren’t educated enough to even realize the us dollar hadn’t been backed by gold for over 50 years. this is why i created: - to facilitate a circular economy for the only cryptocurrency that actually works as cash. maybe you can’t do everything with it yet but that king of mindset is irrelevant to me right now.
utility? use cases? xrp? cardano? bitcoin? ethereum? the problem with this community is you don’t need to see crypto use case because you are doing well... go and ask some people in third world countries what crypto can do for them! i want to be able to become my own bank,to take the loans on my businesses backed with crypto... don’t be this guy who said internet will thisappear until 2005.!
iota and hathkr is the fee free defi 1% that does have utility
> 99% of the crypto market has 0 real life utility. change my mind. it depends on what parts of your life are real. if you are a "normal" person with "normal" finance needs who is happy to comply with any request made of you, then yep, crypto is not needed. and yeah, this likely describes 99% of the over 50yo upper middleclass people not on reddit. but that is not the whole world. crypto allows you to do things with "money" that others may forbid. with the advent of social credit scores this may include: 1. buying plane bus or train tickets 2. buying high speed internet 3. having "banking" services of any kind 4. paying rent 5. receiving payroll 6. paying for medical services 7. making political donations 8. tithing to your church 9. supporting non-profits excuse me while i take off my tinfoil hat, but some of these 9 reasons have already begun to be chipped away at already. * \ aws banned parlor * \ wells fargo closed the nikki fried campaign account * \ visa banned wikileaks honestly, i think the belief that these anecdotal accounts will not grow in prevalence is just naïve.
dvpn & akt. ' cosmos.
i mean yea the overwhelming majority of them have zero utility and dont solve any actual problem. but the few that do, will shine in the long run.
if ordinary people were actually looking for utility then iota would be in the top 10 right now. the fact that eu govt and many other big tech companies are working with the if is a testament to the fact that it’s a part of the 1%. with coordicile it will be part of the top 0.1% as it will solve the trilemma.
100%. these fools turn fiat into crypto, get rich, pull fiat out. so much for "crypto replaces fiat".
bitcoin or bust. some think they have a use but don’t because they aren’t decentralized. most are garbage designed to take money from suckers.
you're right but dammit the pump and dumps are too tasty!
not every crypto project is in this class. take a look at ocean protocol for instance. it has enormous utility, it is like the powerhouse for web3 data services. anyone can buy, sell, tokenize, lend, farm data assets in the ocean market. even build their own data marketplace powered by ocean protocol as daimler is doing with the upcoming acentrik marketplace.
fear is eating you all alive!
i do not think so, actually. i think the percentage is closer to 100%. there, mind = changed.
liquidity pools and gaming are two great utilities check out defi kingdoms. i had the same sentiment as you before i found this project
what % of the market is etherium. because etherium has real life utility.
and here i just received a physical coin i purchased using banano
it’s become just another format or operation for people who enjoy gambling to gamble in.
this is the most eye-opening yet thisheartening post i’ve seen in this sub. i’m depressed now 😞
you are doing a lot of projects wrong with that statement! it's actually closer to 99.99%
depends on if you mean real life utility for the period of 20 years ago to today or you mean today to 20 years from now…
it's awalys been speculative hype. basically crypto is a piece of shit digital currency that only a lucky few got rich off of.
every coin is more valid than your dumbass opinion, literally
crypto is just a money laundering and hackers currency that became popular and mainstream., change my mind
bat is your example of utility? i find it to be a lame use of crypto. and how do you not think the games industry would not be a frontrunner in all of this?
btc and other coins can be seen as a store of value much like gold. you can transfer this store of value more easily and it is not directly tied to fiat pricing. with so much investment already in btc, its not going anywhere. one day, the utility will be more widespread and general, like being able to buy stuff normally with crypto, and then the value will be already massively increased. that is why everyone here knows its speculative but wants to get in now so as not to miss an obvious trajectory.
clearly you don’t know about iotex
here’s to the 1%! i hope it’s bitcoin or etherium!
uhh jasmy?? i'm actually perplexed how there are not many people looking out for this coin
"crypto is a solution that is desperately looking for a problem." i swear that that lingers in my head every time i hear crypto.
hope you’re not talking about hitler inu coin are you?
that’s honestly exactly the problem - so many people are treating crypto as nothing but an investment asset, instead of actually understanding and believing in what you’re investing in, crypto or otherwise. if you were actually educated on the real world applications some of these coins are already offering the world, you wouldn’t have even made this post; you would either believe in the technology and invest, or not.
vechain is part of that other 1% that has actual real world uses and it is tragic it does not get that much recognition [ [
nothing has changed since 2018 and even before that. 99% of these coins are scams.
i am here for the memes. so, this makes more coins valuable for this usecase.
i actually like dvpn, but it’s quite unknown. (it’s a crypto)
election fraud could be silenced
oooohhhhh say lrc again
with this data security ...would greatly improve election security
no, the jpeg ownership of a cartoon monkey is the revolution of a new era
"we takes this abstract academic economic concept and make it buzzword! with lithe speed. built on the ethereum cloud chain our tokenspace will revolutionize the way non fiat fiduciary alchemy protests necromancing!" dominoes will never accept 600 ankr for a pizza.
two projects i can get behind are ' world mobile token (wmt) - their whole mission is to connect the unconnected. they've already deployed in zanzibar and starting to pick up some traction. cnn published an article the other week. ' one more is planet watch - think mining, but for air quality. really cool concept although i feel they are having difficulties facilitating demand. ' life utility is coming and i cannot wait!
tokenized commodities is the best use case that i can think of, curiously it is not something that can "moon" at all. then again the commodities' stock will likely be centralized so it might not be the best option.
i mean have you seen cryptoland
exactly, matic actually has real life utilities and is the future of the crypto market, i mean it’s literally saving users millions in fees, while also helping developers step into blockchain
i mean even as a hobby that is utility to me. hopefully i also make some profits.
y’all truly are special for just now realizing this lol. stop taking financial advice from the internet. stop thinking your gonna get rich quick. instant gratification is for losers. work hard and invest for the long term, not for the hype or the meme.
i have no time to convince you.
did you ever heard about hnt?
not sure if it counts to anyone else, but the [crypto.com]( visa has some good utility. yes it is a prepaid visa that uses fiat when you spend, but getting back 2% in cro on every purchase (or higher depending on which card you have) is quite nice. it's still not the same as being able to actually go out and spend crypto rather than fiat for real necessities, but it is something.
especially nfts, you will never be able to stop someone copying and pasting them — they will never be accepted evidence of ownership (i.e. a payment receipt); and the meta verse has been played out multiple times, you are all going to be holding some heavy heavy bags come winter
what do you even mean with "real life utility"? also, the browser brave is cool, but the token feels very useless. for using brave, you do not have to use the token at all. and you can this "real life utility"...?
>honestly talking the only projects i have seen of use are cost cutting protocols such as matic & lrc for transactions, and brave browser (bat) which i actually find it awesome to use. > >do you have other opinion? are we throwing money into the void? \*complains about crypto projects having no utility. mentions lrc & matic as an exception\* lol if you did some research and understood some very simple concepts about business and blockchain (or better yet weren't trying to shill), you would realize plenty of projects have real life utility. many projects are scams, and many do not even pretend not to be. however, the ones that do not fall into these two categories have utility regardless of whether they end up failing or not, or whether their price skyrockets or not. just having utility is not a means to success. in terms of price, there also may be and (likely is at least for some coins) a thiscrepancy between the value offered by a project and the price that it costs. essentially, a project can still have value and be a product of speculation that drives its price way beyond its means.
fiat has no real utility. crypto is, first and foremost, a currency. it does and will continue to be an alternate to fiat and in this way has very real utility. all of the different coins and tokens are trying to do that the most effectively right now or put a different spin to it.
you're right. bch is less then 1% right now
i agree 99% are useless. very few projects that are useful. helium is one, actually built a global network for iot. presearch is one, decentralized search engine to thisrupt google. bat may be one. fundamentally, decentralization is really expensive and only biggest human need like money is able to afford it. btc might be the only one that survives time
99% of the people who need to read this have thisappeared due to the bear market.
btc has become a trillion dollar market in 12 years, with a big t. just wait. i believe it is greatest utility is wealth preservation through trustless protocols. we will find out how valuable that one piece of functionality is for real in the coming years as inflation erodes away the value of the dollar and other fiat. you might say, we'll yeah, look how volatile it is. zoom out man and look at year over year over not just 10 years but 5.
a big red flag for avoiding monero and adding matic with lrc.
they all have utility: losing your money
right now *i personally* see it as a purely speculative asset that does not require an investment banker to deal with easily. but my argument is the money sitting in my bank does not have the potential to earn me as much as staking some of it on crypto does. if it starts to be widely accepted, which some coins in some form definitely will, then that is great. if it does not and it is as nice as holding stock in something more volatile than gold, i'm fine with that. if the entire ecosystem dies tomorrow, we have a much larger overall issue than everyone who lost money in the speculative assets.
that might seem that way because we are pretty early. things take time. remember personal computers before apple...
99.9, dont forget all the dead coins,. the graveyard is growing faster than the crypto market is.
cryptocurrencies already has an inherent use as an alternative money system **(the original reason bitcoin was created, along with decentralization).**
all crypto can literally be used as money so your statement is wrongy they have a use
i think we're watering a blockchain garden with our money. a lot of the money will water dying projects but the healthiest growers will get the attention and the money, and hopefully this solution-looking-for-a-problem will blossom into the next technology wave that we all apparently believe will materialize and integrate into our way of doing things.
more than 99.9% of coins are garbage. my suggestion for most people who are interested in the space is to buy and hold some bitcoin and don’t touch it for several years at least.
as someone who has never bought any crypto, and wouldn't even know how to, it seems to me that cryptocurrency only has a value because someone *says* it has. there's no real value there at all.
look up sentinel (dvpn) you can stake it and the apy is good enough tou can earn over 1.0 dvpn a day. you use the staking rewards to pay for a vpn based on blockchain tech. decentralized vpn. runs on cosmos. also regen coin is interesting.
i 💯 agree an is exactly why i'm so excited for a few projects launching on cardano with real world use cases. world mobile and empowa
so 1% is for stables?
so you're claiming that around 200 coins? i'd say you're being a bit generous.
i never understood bat. they could use *any* token for the rewards... why is bat needed?
iotex has loads of real life utilities and products. sleeping giant
i already made my money and sold it at the top because i had a gut feeling. now everyone and their mothers ask for my help to start investing in crypto and i in good conscience cannot advise them.
the fact that you see crypto having 0 real life utility blows my mind. i'm not trying to be mean but it really does show how not smart of a person you are. i could go into a full day session with you and tell you the used of cryptocurrency but it is a waste of time. this is just the beginning of cryptocurrency.
it’s money for a world that hasn’t been created.
your right for a lot of projects. but let’s use bitcoin as an example, it’s an uncontrollable currency that anyone with internet can use, this has a pretty real application in corrupt countries
all coins are shit coins, some shit coins are more shit than other shit coins.
agreed. that's why i only hold algorand.
consider this: nft = title (or ownership) could be of anything real world... a house, a car, intellectual property etc. we in the usa do not appreciate this as much but property rights around the world is a huge issue. everywhere does it differently. the ability to track provenance of real or intellectual property and fractionalize ownership is a very big deal.
agreed. but find that 1% and you could be on a boat in the tropics by 2030
polyswarm, nct, is a free thought that people can use to scan their telegram groups for malware. i've actually noticed it before i even realized what it was and the fact that it is the first adaptation of blockchain technology that i have noticed is very exciting!!
oh yeah... the shitcoins, they getting more day to day, also. 😔
100%. it's a huge con.
i think it is more accurate to say 99.99% of people who hold crypto hold it as a speculative asset... that is to say to gamble. most do not have any meaningful understanding of the technology to the point where they can meaningfully thistinguish between good projects and bad. this has led to a huge flood of scammers who want to milk these people. also most of the people in this sub (not all) are prime targets.
i wouldn’t call metaverse niche, facebook.
considering 99% of the crypto market is bitcoin, i thisagree.
i think bitcoin nailed crypto's biggest utility right off the bat: being internet cash. there's been challengers, but bitcoin is the ol' reliable.
everyone in crypto is getting scammed and it’s hilarious
it’s very utilitarian if you are money laundering or extorting people with ransom-wear.
does it have real life potential? idk. i can make money off of it. its an investment. thats all i care about.
crypto's biggest real life use case is scenarios that take out the or one of the middle men. poker players have been using crypto to deposit and withdrawal from poker sites for almost a decade now, due to government corruption. sex workers also run into similar issues with payment processors making things difficult, crypto solves this as well. also, if an individual wants to store some piece of data publicly that is forever accessible, storing it on a blockchain is the most reliable in my opinion. don't have to worry about building and maintaining your own database and maintaining an api for it, or having to trust a single party in the hopes that they do not go out of business, or decide to stop holding your old data in 10 years.
how do 99% of the reactions on here don’t seem to grasp the concept of 99%. claiming a few real world uses in no way thiscounts this opinion, and most of the suggestions are the ones that were actually mentioned in the post. most of the reactions that seem to try to thisprove the view only serve to make it more likely that only around 1% of the projects actually serve a real world purpose to me. i do feel i need to thisagree with the conclusion that without a real world application speculation would be akin to “throwing money in the void”. most speculation has very little “real world”, this can even be argued about most of the stock-trading, but more so for other things that greatly increase and decrease in value without changing any other properties except maybe scarcity. speculation is different from investing in that regard, although they overlap quite a bit.
well, monero is pretty established for drug trafficking, so there’s that.
first, a note: 99% of this will be trash in the future, just like the internet was in 1995. useless, really. that's why 99% has no real life utility. the question is - is there value to the technology, be it to consumers or developers or businesses? you only need one to stick...i do not agree with decentralization as a solve-all strategy, we will land in between decentralization. having said that, i think terra is an interesting project that delivers real life benefits to businesses, developers and the consumer does not even notice...and crypto is essential in it and the economy it managed to create is also key [ what do you think?
i do not even think this is necessarily bad, it is what happens when something is innovative and new, coupled with the fact that anyone can make a token.
if you live in a country where they do not let you take money with you if you happen to leave, you can buy crypto, take your wallet info with you and when you get to your destination, sell it into the currency you want.
same can be said of the gold market.
it's funny you call it gambling because the only actual use case i've had for crypto outside of pure speculation is coinpoker
xrp is one of the only coins with practical utility. and xrp has a about to be public company building out infrastructure and products for the decentralized digital asset
so there’s 1% of the 15,000 projects that’s worthwhile? what are those 150? seems like a good amount of company. when there’s regulation maybe we won’t have all these different tokens and actually true innovative companies?
i strongly thisagree, gamerse is one of the best nft gaming projects out there working vigorously to make sure there is fun alongside playing just games whereby you earn with its play-to-earn feature while single asset staking and lp mining is still ongoing.
99% of gold has 0 real life utility. change my mind.
there's no mind to change. you're exactly right. you nailed it in your title: >99% of the crypto market has 0 real life utility. thus implying: >1% of the crypto market *does* have real life utility. and am not that the damn truth! most of these projects are pointless solutions looking for a problem. even as a tenured crypto og, it is obvious that many of them do not bring significant value compared to their centralized counterparts. but the thing that differentiates you from a closed-minded 're willing to acknowledge that 1% of them are useful. monero in particular. (namecoin and amp token too.) most crypto is junk. the key is being able to see past it, and the most important question you need to be able to answer is "what have i *personally* used this token for?" beyond just buys & sells & investments.
read the first two paragraphs and was about to get all uppity about bat and brave. then read a bit further and calmed down.
money is only money because people think it is money.
ppl with no skills required can be billionaires now. with no value added to society. it creates something worse than a kardashian. who would have thought.
my favorite is when 3rd generation imitation meme coins announce they’ll be putting out their use cases soon. it’s a parody of a parody. (not that i also don’t own some)
it’s great for making more fiat though
given that there are something like 15,000 cryptocurrencies, leaving 1% = 150 real utility ones, i'd have to agree with you. 99% sounds like a lot of uselessness, but when you realize that there are 15,000 damn crypto's, its pretty easy to see how accurate this post is. that does not make me any less bullish on the ones i own though.
we know how this works, you're just wanting in at a lower price and truly convinced now of it is utility.
and don’t forget that most of the most popular dapps are simply exchanges to buy and sell more of your coins.
money is based on an esteemed value. crypto fluctuates based on numerous factors. most money is just backed in the strength of the economy. things like gold can be used for other things. the american dollar will be accepted in most places as currency regardless of exchange, much like the euro. you can go to canada, mexico, etc and still pay with usd. crypto has a high barrier for entry where as credit and cash has a much lower 'entry fee'. i like and support the idea of crypto as an anonymous form of currency, but i lost all interest when it started being traded like stocks and securities.
can we have this conversation after im rich
this is a great thread, but i guess i'm too late now to be read… too many comments, too many hours since the original post.
why should we change your mind?
obviously this guy has never tried to buy an ar-15 and a kg of columbian coke from the dark web
you can buy tesla merch with doge at some point in the future, someone will buy a model x plaid in doge and then it’s moon time
it's just turned into one big pyramid scheme.
real life is gonna be less and less relevant as time goes on. you are invested for the next 5 years right?
making money off of suckers usually falls into real life usage lol
this is genius level karma farming.
would agree on the main point however flexa. we're talking 2-4% global return just by updating point of sale software. retailers are about to make more money and be able to break away from visa if they want to.
ens probably has the highest “utility” of anything i’ve seen to date. simply changing the 42char eth address string to a custom “.eth” address is a small step in the right direction for the next interaction of user interface design. some others off the top of my head are brave, helium, epns, bayc, rtfkt, meritverse? i wish there was more “infrastructure like” projects around tho….
not giving away research. why you here bruh
honestly, do we need a real-life adoption? mape and mmc tokens will be spent in the [mecha morphing]( metaverse and earned as rewards. mana is very important too in its metaverse. i think with time, things will take shape.
op is correct. 99% of startups in general have no use or utility as well . most companies fail. this is business. that's why you invest in cryptos you think will have some use. or, you can chase pump and dumb garbage and either get rug pulled or massively profit( most people end up the former).
dan olson said it best, crytpo is a fight between the rich and wealthy, where the rich want another shot at being the wealthy. while the concept of "decentralization" is appealing in theory, in practice it falls apart given how big these blockchains get, forcing them to consolidate within people . private closed system blockchains make sense, but then again what problem is that solving? the killer mass adoption use case is not here yet. ill be interested to see if some of these layer 2 coins make any noise in terms of bringing a mass appealable product to market.
crypto currencies are worse than the most garbage penny stocks because at least the most useless and trash penny stocks have actual assets
you are right. no need to change that.
well this is wrong when it comes to a lot of web 3 projects. spdr has a vpn app that links people to the blockchain world with the specific property of being completely anonymous, and a lot of gaming projects basically do the same as normal ones do in real life, only you earn when it comes to blockchain which is better.
there are probably less than 30 legit projects ,all others are just money grabbers or failed on the paper.
this is why i don’t see any intrinsic value other than a crypto that actually functions as a currency. the rest is all just inflated nonsense.
i actually use nano on a daily basis. you cannot do that with 99% of crypto.
you're not wrong but i still think that the space as a whole has tremendous potential. most crypto purists are aware that: - 95% of projects in the space are shit or outright scams - bitcoin is already kind of outdated and only persists as the number one coin due to its first mover advantage - there are less than 25 projects in the entire crypto space worth paying attention to; a few l1 solutions, a few dexs, a few utility tokens, a privacy coin, and a couple stablecoins > are we any different from gambling our money if the rate of uselessness is so high? putting your money into anything with the hopes of return has risks. overall, - desperate attempts to drive growth from western governments will continue to cause asset classes to balloon over the coming decade - biden - if there is a large crash, i think the chance of a general economic meltdown completely killing crypto is low - i have noticed more developer activity in the space and i think we're going to see more dapps come out over the next bull cycle; note that that does not mean that any *currently* available tokens will become a standard - some of these new dapps will support functions like social media, opening up web3 as an advertising platform - i would still look to crypto as the most "market ready" hype technology rn - i have confidence that market forces, such as vcs and tether, will collude to push crypto prices higher
coinmarketcap lists 17,241 crypots. if 99% have 0 real life utility, this leaves us with 1%, or 172 coins with real life utility. ... i think you are too optimistic. i do not see that 172 coins have a long-lasting, convincing use case and maybe even a usp.
every single altcoin that i'm in or in this case what you guys would call "shitcoins" give me passive income. granted there are other utilities as well coming or already implemented, but the fact that i can have pennies on the dollar investment wise and get major returns it is self is a major factor for me and many others. granted, this also is based off other utilities that i said would or are in place, but people overlook this simple and huge financial aspect that is pretty big in the financial sector. example: i invested "reflections" (dividends) alone have almost tripled my initial investment...let alone the price of the coins them selves. (this is the best case scenario for my portfolio since this coin i got in hella early (presale) but the principle still stands). look there are a decent amount of coins that have great utilities and i understand there are a lot of different ways to have great, "reflections" (dividends) and other basic necessities like compound interest. please remember. no matter when you got in the crypto market (2009-2022) we all are learning no matter what. (for me i am hoping for open legs with the new wife money.) (looks around to see if wife is around.) good she with her boyfriend...i can hit post. edit:some how paragraphs got mixed up even after proof reading...big yikes.
lol, the basic of all basic utility: sending digital cash to someone else basically for free without a governing entity being involved isn’t a real life utility? op, you’re a fuckn dumbass. go back to the kiddie table. aka r
the rise in value of cryptocurrency is directly correlated to its use on the dark web market.
>i have yet to see something that has an actual use in realife that is using any of those tokens. in the case of bitcoin, the digital cash aspect is the use case? it's the further adoption that is the barrier here. look at it another way, what is fiat's use case? it's a widely adopted storage of value. it still has it is limitations based purely on adoption and legal frameworks to back up those limitations eg, i cannot go actively spending us dollars down here in australia. the fact that we're all in a subreddit devoted to cryptocurrency means that we're the outliers. if crypto ever has it is "aha moment" where the average person can digest the idea, then of course it is going to kick off. like i joke to people all the time. the day my mum asks me about bitcoin is the day i am going all in on it. until then i treat it like another asset class for investment and that is it. i think what's happening down in el salvador is really interesting to watch. i think that the us government looking to regulate crypto is actually a very good thing. when government's are looking at how to get their cut out of something is a good indicator that something has value and is not bullshit.
y’all just don’t get the picture of what it is to become and the whole idea 💡
anyone heard of a crypto called pi ??
i have no idea. the only time i hear anything crypto outside of reddit is people trying to get their friends to invest into it.
can you send value across a border or use the 12 word mnemonic to allow to recover, even in the case of a catastrophic event (like a war that forces you to flee the region)? then it has more utility than you can possibly understand and any crypto with a usable trading pair on an amm or exchange meets the above qualifications.
pro tip: you cant
i wish i cared about your bullshit, but i do not. go tell your butt friend to change your mind.
this is the stage we have to get through before the market is streamlined and the truly long-term coins with utility and mainstream adoption find their way to the top. it’s all part of the process, similar to the growing pains the internet had to go through.
i use nano all the time
it is indeed a ***highly*** speculative asset
i think crypto like everything kinda fits the 80. by far the most utility is gained from a small amount of the space, but the space still kinda has to exist. i guess the game people are playing here is to guess the 1% that delivers the value.
my interest in crypto was due to paypal getting on board with 4 coins. i made a small investment hoping for a unicorn. to me its like the early internet where nobody knew what it did.
cryptos solve problems they create. most of the benefits financially are largely underwhelming. there are niche uses but by and large block chain is more computationally expensive than companies want to pay
for me the real usecase comes with time and of course not all the projects have real usecases. many of the projects will die. this is why people need to do their own research very well. i have done my research and found out that the new trend is metaverse and playtoearn games on the blockchain. for this reason i invested in ggm (monster galaxy) and soon i'll be aping in dreem (dreem metaverse) once it gets listed. the idea is to catch these projects early and make money on the way up. monster galaxy and dreem are about to launch their mainnet. definitely keep an eye on them!
u mean other then being able to turn 100s into 1000s? id consider that a financial utility.
there’s probably 40-50 coins that do something worthwhile. “creating and engaged eco-system” doesn’t count imo.
bitcoin represents 41% of crypto market.
helium has entered the chat.
i mostly agree with you. to me, it’s seemed like most of anything i hear about has absolutely nothing to really do with the coin serving any real function. i think it makes for a bad look, but i could be ignorant as well.
in korea they used blockchain to record and verify people's vaccination status.
many applications just need to be built. on blockchains with low fees and fast transactions. then it will all come together. but too many chains that do not offer that have been promoted so that people lose sight of what matters for blockchain apps.
i feel that being able to use a new financial system is a huge utility. change my mind.
i’m not reading through all of this... digital currency is the future. we all know this and understand how relevant these next few years are. we have been buying and loaning money in digital form for years. we all believe that there is value in the dollar!! and when we talk about “whales” and “expected value” we relate it to the dollar. there is as much value in the dollar as there is crypto, as long as the dollar is the reserve currency. if the dollar falls... almost immediately crypto will take its place. the next few years decide who’s hands are on what device to control what market. as we have seen before, corruption relies on being able to turn individuals corrupt. currency works by acceptance. corruption works by security. when “cash flow” and “credit” are backed by a regulated market more individuals invest. because of “security”. these past few years have given the majority of people an out. and a way to subvert the corruption. “we the people” will soon realize the power we have as people.
correct, i'll take your crypto off your hands though. if you say no you'll prove yourself wrong.
99% of crypto talked about here is lacking utility. no idea how the real world applications fair as we do not track all of them properly
i thought crypto was really proficient at helping criminals commit financial crimes, like bypassing russian sanctions. there is your utility
but ... the block chain !
i'm fairly confident the majority of people here could barely explain to you what their favorite altcoin actually does in any real way. they probably have a one-liner ready to go, but if you asked them a technical question as a follow-up a lot of people here would simply be stumped.
compare it with the introduction of the internet, people has beautiful ideas what you could do with it but at first it didn’t come further than soms meaningless information sites. now, we couldn’t do without it. crypto and the bockchain technology is the same, it’s a beautiful technology but give it time to get utility.
xmr certainly has real life utility. privacy is king. but i agree with your sentiment, most projects have no "real life" use case
i mean request (req) is kinda a dope idea but completely impossible to implement blockchain verified invoices would be kinda cool. i have verifying payments at work
yes. 99% of crypto is delivers 1% of the value. 1% of crypto delivers 99% of the value. welcome to planet hockey stick.
look into vechain, that is a real world use for audit trails.
sex and drugs...nuff said...
there is rumors that loopring is partnering with gamestop, which if true will have real life utility as it will serve as the network which gamestops nft platform runs upon. it's the first example i can think of where a publicly traded company is using blockchain technology for their future business ventures.
yan for some but ebox has real utilities and even you can use their on-chain escrow service.
it’s the internet of value. the utility is the fact that it stores your value. it may not be much more than 0 but it’s definitely non-zero.
umm... defi? all those tokens offered as additional earns on top of apy? spend using crypto credit cards (hello [crypto.com]( at your will
i use bitcoin cash and monero as borderless currency nearly everyday to avoid conversion fees. not all of us are here pumping and dumping, we're just not the loudest.
dude the reality of it is 99% of this shit is over most of our heads.
why do people write these entitled posts like "change my mind"? you change your own mind and dyor
ltc and btc are true cryptocurrencies that solve the problem of a trusted third party (federal reserve) that cannot be trusted. centralized cryptos with any sort of premine or benefit to the creators before the public are fucking trash. but keep on lining those scumbag vc's pockets with your sol purchases!
algo is pretty great i utilize the ecosystem all the time. same with banano instant, feeless transactions i use it to have more fun than to make money like with banano bets, also enjoy the charity aspect of the coin using folding to "mine" while helping cure thiseases and the freerice events they do to help world hunger. algo also has some things in their ecosystem that is making the world a better place like clean ocean token and planetwatch.
the more crypto wants to be decentralized and different of traditional money, they really trying hard to have thousands of currencies.
it's a bunch of idiot children who do not understand economics or finance who want to gamble and call it investing. they word vomit the shit out of it with all sorts of technical sounding terms that they do not understand if pressed. the entire underlying value is pump and dump hype and black market settlement.
terra and monera are the only crypto with a real-life use-case.
i think crypto is too volatile to be used for its intended purpose. you can spend x amount of btc to go see a movie and it turn out to change in value considerably over the course of the movie, let alone by the next day. the theater may actually lose money on the transaction.
what real life utility does money have
how much utility does cash offer?
you can buy tesla products with doge.
has real people planting real trees to earn fc that can be spent at real businesses like
it does have real life utility. drugs.
the utility is in the fact it is unregulated. and that is it’s downfall. think in terms of “good guys v. bad guys” bad guys use crypto to launder money, hide assets, buy drugs etc… good guys use it to tip, send money overseas to help their family, buy goods and services legitimately but “good guys” ( and their government ) can’t tax and regulate it. right now the united states is considering or using “economic sanctions” against enemies of the state. they can’t do this with crypto accounts. so, usa gov’t is opposed china can’t track and funnel the “communities” resources for state directed purposes. so, china is opposed to crypto. poor countries are more likely to support, because there will be an unfettered revenue stream into the country. crypto, in general, is agnostic. so it can be misused and cannot be regulated. this is in fact it’s utility. this is why it should be supported and invested in (in general). but this is why it will be fought by those in power.
adx seems to do well, constantly gaining more users etc, putting their l2 to use with advertising and so on. not too set in the ins and outs of it but appears to work for the real world.
does it need to ? it did not turn to be the utopic godsend that many thought it would be but it is also not crashing to 0 anytime soon, witch it is what everyone else was preaching
payments, nfts to verify ownership. thats all id think they are good for at the moment.
the only time in history when crypto actually had a use case besides making more money was when the silk road was a thing
enjin coin has an actual use if you're into gaming. all the pixals assets you used to buy in games are now nfts. which means you get to buy and sell those assets online.
hbar . highest transactions by any crypto ever. with real world cases.
two questions to consider, though i admit they are just that: 1: what is the utility of gold or silver? beyond conductivity and bio resistance? 2: how is digital currency different from money in your bank account? i mean, i’m a person that likes to carry around the some cash but my girlfriend literally has not touched ‘real’ money in months. she’s paid electronically, saves it electronically, and spends it electronically. for all intents and purposes it might as well be crypto since 100% of the utility of that money is through pre-approved agreements between all parties that goods and services are accepted in exchange for it. crypto can do that just as easily.
i used to be a host of the bitcoin podcast. i eventually left the show because i came to ops conclusion. it's a storage of value. get rich or do not. that's it. i was there when ibm wanted to create a block chain, when imogen heap wanted a fair way for musicians to get paid and when jamie foxx wanted you to use robinhood. from the legit to the shills it is all the same result. nothing happens. remember status or snt...they have been in beta for like 8 years. crypto is a scam. put some money in shib and hold on. that's about it.
why does this have so many upvotes? this is not even close to an original opinion and is already spammed 100 times on the sub every day? this is like the most shared belief among all people in crypto
i used btc for dark web mdma rocks as a kid and that’s good enough for me
we truly are living in a renaissance era. cryptocurrency is still such a new construction i’m sure in 10 years time from now we will look back on most of these projects like they’re atari 3800. it’s interesting to see what develops every day.
its less about crypto, and more about technology today. you see it in video games as well. its just too easy to prey on humans' psychology. people spend money in the mobile games market on lootboxes (gambling). just like people gamble on coins thinking they will get rich. obviously crypto is a bit more predatory, as its real value you can potentially walk away with. its just way too easy to promise utility rather than actually deliver it. people still pump tokens just based on marketing alone. i think there is a lot more value in crypto than you realize. but sure, if you want to technically include all shitcoins made hundreds by the day, then sure, more than 99% is useless.
my question is ... which ones are the 1%! 😲 ... asking for a friend
it’s faster, safer and cheaper than how we currently transfer money.
it's just an introduction to investing, no matter what way it is looked at. people invest in shit coins, they lose money and learn a lesson (hopefully). the cool part about learning investing starting off with crypto is it is like putting money into a stock, but it has the volatility of day trading (options) without the room to make poor strike decisions other than buying shit coins or selling too soon. it has the ability for an individual to purchase a coin (stock) and learn the basics of the volume of said coin and other ticker details about the coin and its performance. it also gives people that ability to learn about personal value one may have in a coin based off of it capabilities. no way to purchase a credit spread or a put or get margin for purchasing crypto (to my knowledge), so you can only lose what you initially invested (and possibly ones dignity). it's a good playground for those looking into learning investing and day trading techniques with less risk.
hard to buy rice with btc
we are just gambling
it would argue between 90% to 99%. but yes i agree
yep, we are in a bear market. few months ago we'd only get: how there you suggest my silly second life metaverse game with 50 regular players is not worth billions of dollars?!
tbh, if what reddit co-founder said is true in regards to p2e, and my experience so far with utilities and games such as "brave" and "coinhuntworld", i have optimism in reward based crypto options. the goal is finding a balance between profitability and making the consumer feel like they are not wasting their time. so fair in a week's time, my brave bat rewards are excruciatingly small but overall i love the browser and will be keeping it. as for coinhuntworld, there are no other apps that reward like this one. this, imho, is the model on how to reward a mobile gamer and make a game that is addicting and rewarding at the same time.
seems like we got another idiotic retail investing ape who doesnt understand block chain and crypto! big surprise
crytpo currency its use is as a currency
i use and love presearch , it is a search engine that rewards you per search . in value , the amount is much higher than what you earn with brave
for tamper proof voting [
let me answer your question this way: what is the real life utility of fiat money? using your logic fiat money is dog shit and it is. at least crypto can implement features, promote decantralization, is able to be more energy efficient etc.etc.
where the helium ?
buy stock. negative utility
i am on the same page with you.
til, only buy monero?
define "real life utility" defi, nfts, games, etc, these services are part of real life, with real value.
crypto is useless as a currency if there’s no inflation. crypto is a ponzi scheme if it’s used as an investment vehicle.
check world mobile token which is providin serbice to millions in africa.
another great usecase is leverage. if my investments are in crypto (ethereum), i can freely place leverage to get usdc where i place my ethereum as collateral. so if i want to buy a house or a car, instead of selling and paying capital gains, i can just take a loan on myself. previously, this takes weeks and lots of paperwork with traditional banking. with ethereum, it is just a click of a button
i agree 99% of coins is shit. but if you think btc and eth are useless then i find it hard to believe you truly understand what they are about (assumption made because you said matic and lrc are the only useful ones; lmfao)
only invest in bitcoin, scprime, hnt, suku
i don’t think they promise the “moon” when starting these projects, i think it’s you who expects crazy returns
sounds a little low. more like 99.9%
aww ,how cute. a person stating the obvious. just get you're money and get out.simple.one day there will be a use case.whether it be a stable coin or something useful
hedera is the only chain being used in a real life use case and they topped ethereum and bitcoins transaction numbers in about a fraction of the time. the transaction costs being so low though that the price will probably never really move. real use case is good but speculation is where you make money
y’all are fuckin idiots in this sub
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i heard this same argument when the world wide web first became a thing in the mid-90s. the utility is in the network effects. people will come up with the use cases as we go forward.
like lotto gotta be in it to win it 👏🏽😩😅
imo there is a ton of utility but a matter of whether that utility needs decentralization or just a traditional centralized entity will do fine. really like most of the things out there need customer service of some sort, so a lot still needs to happen. decentralized dapps may need to have customer support teams. regardless, something like link or atom, giving real world info to the block chain or connecting block chains, would still be utility to me. powr(power ledger) is a real thing for selling energy credits... not a big deal to most, but people with solar panels and electric vehicles (maybe) would have a use for this. i do agree that a lot do not have any value, but people have told me in the past that, it can start out as a meme, then be used for something else if a company decides to use it. (kind of like stores accepting doge)
no, dont buy any of them.
crypto gaming begs to differ.
most crypto are just investments like a stock, with the possibility of them being able to be used as a currency. only a few will have great success but freedom of choice is what's most important.
i can think of a bunch that have real world use helium planets mapmetrics deeper presearch mxc mysterium blockcreate amp pkt
spending it on illegal stuff. so i’ve heard. some retailers take it. otherwise my niece called it the beanie babies of the 2020’s. i’d agree with my 20 card rigs at home….
because you're probably among the minority of people on earth in a country developed enough to have stable currency.
i feel the same. luckily i sold 90% of my portfolio just before the correction
check out the coupon bureau. they're eliminating millions of dollars of coupon fraud by being able to enforce 1 coupon = 1 redemption using a thistributed ledger. it's been proven to work well as the program grew throughout 2021. in 2022 they are going live with some big names.
shiba is the future. buy it now and do not regret it later. set a remind me for a year and lemme know how it worked out.
can’t really argue that since you said 99% and not 100%, seeing as there are tens of thousands of coins and only a handful of projects with real life use cases. off the top of my head, helium, brave browser, exchange coins like bnb and cro, gaming coins like axs.
amp. the collateral token behind the btc rollout in el salvador. secure and fast transactions and already being used in the real world with bigger implementations on the way.
most of the 'real' defi stuff is just again making money off of other people speculating. it's all sort of built on speculation. crypto is very useful for remittances and certain applications. i think there will be a big social media platform on a blockchain some day.
i've been to a lot of different places over the last few years: hong kong, macau, sweden, czech, canada, denmark, germany, turkey, austria, and a handful of other spots, and i can count on one hand the number of times i have seen a physical shop take crypto. i have seen tons of places with signs or that pop up on websites saying they take it, but alas, they do not. the atms are everywhere though. has anyone bought a coffee or a doughnut with crypto?
thats not true. its used to launder money and avoid economic sanctions
the **only** reason why the dollar is useful is because the public accepts it to be so. for crypto to be useful it must be accepted by the public which will take a long ass time. it might never be, but that does not mean it cannot be.
hardly one copy would sell here
the real life utility of those 99% is for people with no morality to make money on suckers who join all the scams around crypto, like rigged icos, nfts that are self-sold to make them look popular, outright scams like [bitconnect]( etc.
there's tons of utility in crypto, and most of it is from blockchain technology - vpn that is decentralized and can charge you per use, instead of per month - search engine that does not store your personal data and rewards you for searching, while allowing advertisers to stake against search terms, which drives price of rewards - domain name services - a decentralized mobile phone network 99% of smart contracts are pretty useless, especially memecoins
have you considered that i personally will massively profit and benefit from crypto, and will say anything to anyone in order to make sure more people get into it?
honestly anything you can leave your money in and does not devalue as much as your countries currency has value for that alone. especially if you live in a developing country.
i mean, you arent wrong when 99% of crypto are shibcoins. most are scams and the ones that arent are trying to copy something that someone else is already doing better. thes ones that do have utility however really have utility.
let s say 99% i don t want change your mind! they are all shit and will be 0 soon
you're off by 1%.
i guess that’s because 99% of crypto isn’t ethereum
i used crypto payment to get back my database
the only thing i would change is your percentage...to 100% btc is going to zero.
fluctuating prices can’t help the actual proposed usefulness of anything, or can it?
ya but you can be a boss in the metaverse
i think you're just casually shilling matic, lrc, and bat that is why you wrote that post
don't you know that every time someone says they do not believe in cryptocurency an nft dies?
this will probably remain buried under a bunch of other comments, but the crypto elongate has actually shown a real world use case. the crypto basically gives a portion of every transaction to charity, and thus far has donated several million in charities to help with world hunger, hospitals, etc. the coin started as a joke based off of an elon tweet but the team has done a good job of showing how crypto can actually be used to help the world.
crypto will be dead in the future. it's just a pyramid scam atm. e.g. what is shiiba worth? why?
i think the game-fi space has real promise. same with the regular video game industry tens of thousands of shitty projects and a few premium ones will survive. but i’m working in the game-fi industry right now so i’m a little biased.
lrc is definitely cost cutting. i bought it at .
it is basic economics. the value of something is based on supply and demand. imagine you are in the desert and you are trying to sell sand. nobody will by the sand because there is plenty of free sand in the desert. now look at the crypto currency. it is not like they can just make unlimited electronic money on their laptop.
btc is the only one that really matters. monero is worthy too. the pos coins are squabbling amongst themselves for dominance, we really only need one or two of them to work on the whole nft, but that even will likely become btc l2 in the future anyways.
take a look at baseline. it's a standard for business proofs and workflows. it was started a few years ago, with the backing of some big names like microsoft. it's just coming up to the point where it will become an iso standard. the first major implantation, are two competing ethereum sidechains using the ubt token. unibright and provide.network. they go live this quarter. sap (the largest enterprise software company in the world) and cona (coca-cola) are on board to use it. this could be, one of the biggest drivers of transactions on ethereum.
i agree but with a twist. while 99% is "hot garbage," the 1% that is not is "pure gold." while not a majority of current use cases (by transaction) that 1% is powerful enough to reduce the cost of almost every business interaction, because a cheaper way of writing important stuff down really **is** that valuable.
what about usdt and other stablecoins? it's not that certain in that department
i was tryna cure my depression so i hopped on the tor browser with dat yung vpn of course, and typed in "drugs". but i did not have any bitcoin.
it's funny no one can change your mind. when i was a new comer i always read here that "this x coin is so easy to use and so fast" and was asking myself what do they mean by "using it" and found out that what they meant by using crypto is transfering from cex to dex and swapping it from one to another 😂😂
100%, did i convince you of the the last 1%?
what if i convince you it is actually 100% of the crypto market?
lowkey shilling, i like that.
*vechain has entered the chat*
pssh, whatever. crypto is cool.
those with ill-gotten wealth appreciate a vehicle like crypto to stash their cash in. it’s easier than laundering and has good appreciation potential. black markets and hiding wealth are big drivers but most of us aren’t involved in that part. then you’ve got those who’ve jumped on the bandwagon in hopes of making some quick gains but that’s ethereal too (no pun intended?) i also wonder if crypto could survive on legit applications alone.
you just described social media.
i think cardano is on its way.
it’s the innovation of a new, interesting, and popular technology. ipo’s are not a thing the common human gets in on the ground floor. there was a lot of success in things like crowdfunding projects. you give organization x, you get y in return. people outside of investment firms want to back something they think is good or believe in. in many ways, crypto is an accessible way for the common human to crowdfund, invest in an ipo, and play the stock market. utility? btc and eth have more utility than people think. notion of mining btc in power plants using electricity that would go to waste is just f’ing brilliant and solves a real world problem.
there are some useful ones in that they demo a blockchain that could be applied to certain industries to get huge efficiencies. those ones do not necessarily have any investment potential. the coins at best are an unregulated proxy for the stock of the developer which would soar if there was mass adoption. the problem is most super-useful coins do not have the feature "will cost more and more in the future." and that is the feature that bitcoin has and investors want. it's really a sidetrack from all the other purposes of crypto. feeless or private are also good reasons to hold your money in a certain coin.
launching a new crypto is as trivial (if not much more) than launching a digital product or web service. 99.999% of “app” like ideas do not get off the ground, a big portion of those that don’t do so because they are trying to solve a problem that doesn’t need to be solved or someone else is already solving that problem in a better fashion. crypto is no different and if you write code for a living the 99% number is not surprising. i think why it _seems_ so high is because 1) we mistakenly compare crypto to other currencies or utilities instead of comparing them to software 2) we fund these ideas at such an early point conceptually that the attrition value seems high - which it really is not when you look at it from the lens that we are essentially filling the role of angel investors
people technically only need food and shelter. everything else is just keeping us busy until we die.
i play mad online poker and buy lots of weed seeds with crypto. i know your wrong.
i can appreciate civil thiscussion
i've used bitcoin to make many purchases so not sure how you can say it cannot be used in real life.
i got hairy legs. come on man
the crypto market isn’t all about having a new currency. it’s more of a replacement for our current stock market.
a lot of these solutions are for problems that already have answers while bringing their own, unique set of risks and weaknesses. in a continuum, it generally makes sense to go with the devil you know since it’s a well explored, mature space that is unlikely to have major internal changes. but rome wasn’t built in a day and blockchain, smart contracts, etc. have utility in perhaps a society that we haven’t evolved into yet. it’s many steps in a direction that could one day offer something new.
financial planners and wealth managers everywhere use stablecoin to transfer funds internationally faster, less expensive and in a more secure way than international wires. source: am a financial planner whom has had clients use stablecoin to transfer funds internationally
when i bought my first coins i was a believer, i wanted to believe that i found something new, something that will change the world, something that will make my financial life easier. and now... i think 99.9% of crypto is useless cash grab that will die in the next couple of years, would not change the world, but with enough luck can make me some money.
it’s funny how when there is big money to be made people are suddenly **really interested into the future of blockchain technologies**
the problem with crypto is that the blockchain technology is self limiting and doesn’t adapt for growth. it also becomes cumbersome and hard to sustain. just because a system can reach a limit does it make it scarce, it makes it obsolete. .
agree, just speculative bs :
protocols that are forced to build and incentivise people. think decentralised uber. anything that is possible, limited by the speed of blockchain. and the speed will be increasing.
send a money order or a remittance and it will be instantly obvious to you the use case. i think for a lot of practical every day things, the value seems less obvious unless you're in a less industrialized country with an unstable currency. if you do not have a bank account crypto would be very valuable to you if you were able to regularly pay for items with your crypto. this is not the case currently although as adoption becomes mainstream would believe this to be true. i think blockchain in general has a lot of use cases and nfts will be commonplace in ticketing and promotion.
i notice capitulation has arrived from 7k upvotes, thanks for the confirmation op with this fear post nice i guess you were never in crypto
it’s like every pyramid scheme, only those that got in early (bitcoin, ethereum, etc) went big. now there are over 10,000 crypto currencies and new ones added daily. just drops and the ocean of bullshit at his point.
cryptos: 17,241 1% of 17,241 = 172 i only have 9 so i should be fine, right?
at best, its a 'speculative market'... at worst, its just a ponzi scheme.
someone is stuck on the clearnet
stop looking at the currency and look at the technology. the blockchain is the future. crypto at the end of the day is just one very small part of it long term.
i think all that really matters in crypto, the reason it exists, is decentralization. if you take decentralization out then traditional finance does it better
lrc? oh nvm you put it in there lol
crypto is a pyramid scheme. only the first people in will make a profit.
my buddy is living comfortably in bali on just his yield
the course of technological adaptation is never linear, and what many think crypto and use case will look like in 5 years, is not what it will look like. it might even be something no-one is currently thinking of. such is the nature of exponential growth.
99% of wealth has 0 real life utility
yup, to many shitcoins.
gas stations in my town have bitcoin atm's
i had to move . it was a nightmare. it took forever as well. crypto makes it near-instant.
tether is a scam and is backed by absolutely nothing. they control an unlimited supply they can create at will. tether, the backbone of blockchain, it is a ponzi scheme and everyone knows it
i have to convince you that 98.99% has no utility vs 99% and yet i have no argument
one word for the future. hedera
it’s just a mlm scheme
i could be totally wrong here but my cousin is always trying to encourage me to buy crypto as he believes the world will collapse soon. my viewpoint is; in some major event like that… what good would crypto be? i think itd be utterly worthless and things like cheese or sugar might become “valuable”. it’s tangential from your question but somewhat related because ultimately... “what value does this thing actually have” seems unproven
cant agree - utility is to make creators...
its not common for someone yo put crypto in an ira, or yo use a crypto-based credit card, but...they exist. plus the number of options and competition in this area is improving. if you leave money in fiat-dollars, its guaranteed to lose value to inflation. crypto fluctuates month to month, but it has very good growth over time.
i hold some amp and like that i can easily spend 30+ types of crypto using the flexa network and the spedn or gemini apps.
store of value deflationary decentralized
it sure is bad for the environment.
yes that’s how this works. anyone can make anything. most of it is shit. no different than anything else in a capitalist system. we let tons of people try and the winners get rewarded.
99% are trash. 1% is about 150-160 coins, and i'm sure sys and luxy are part of the 160 coins
it sounds like you're exaggerating at first glance, but once you realize how many damn tokens and coins there are out there now, 1% sounds about right. so no i do not think i can change your mind.
i pay my rent with it. and buy all my food. and make more money. go learn boii.
i dont own any crypto anything. i'm just someone who enjoys playing video games and am so sick of hearing about "pay to earn" games and nfts. fuck ubisoft.
should be..." crypto is more stock than currency"
were waiting for the next bag holders to "invest" in this space next ath im the one who is selling.
nowhere in any whitepaper of any legitmate cryptocurrency is one of the objectives to "moon". in fact, a coin whose value is volatile thiscourages adoption for its actual purpose.
brave browser's run by a closed-minded team that punishes you for not using chrome store-approved extensions and most anyone will find more benefits from thisabling bat than keeping it enabled. their devs have a history of censoring users who complain about certain issues in their forums, i do not recommend that browser over firefox. bitcoin's value is i do not have to pay a shitty bank some special fee in certain circumstances if i wanna buy something or be outright blocked from international purchases. bitcoin cash's value is it is easier to buy shit than with bitcoin because it is coded to be faster for transactions. ethereum's value is smart contracts and computational benefits as well as high profitability for miners. 90% of the arguments about crypto not actually having value, could have been made about paper cash first being introduced to supplant having to carry around valuables for bartering. all you're complaining about is that a few programs that make it more convenient to use your crypto have not yet been perfected and popularized yet. do you really think it is more likely than not that that will not happen in this decade? bet on what makes sense.
so i should buy more bitcoin is what you are saying
don’t need to change your mind. you are correct.
yes. there are 17242 coins on coinmarketcap atm. 99% is bs and will die. many copycats and under developed . many scams too. but it is quite clear who's gonna be around for the coming 5 years
there is a lot of utility being developed in the space. i think the problem lies in a lack of marketing by serious projects, no demonstrated proof of concept, lots of fud, and downright hustle coin scams that get a lot of attention.
>99% of the crypto market has 0 real life utility. change my mind. nah bruh its super usefull to handle transactions. specially remote jobs from a high paying country like us to a crappy country and avoid taxes. imagine you are a dev working for a us based firm in argentina for example, and they pay you as a contractor, lets say a 1000 dollars. if the argentinian profesional goes for a legal way they recieve more or less 400 dollars (50% of value is lost due to arbitrary double exchange + the second taxes) and suddenly cripto currency has its value
the us has threatened to cripple russia’s ability to move money internationally simply by removing them from the swift network used by global banks. crypto has no such limitations.
the graph: "google for crypto" - indexing the whole mess. makes sense. has value proposition. shib: "we're an off take of doge - lol! we're a meme coin. buy us!" absolutely no value. operates on greater fool theory and get rich quick dreams.
barrier to entry = opportunity
imho, we are already living inside some crypto trends and it is just a matter of time for the technology that are being build by some projects (not all projects) to rule next generations. some people laugh about metaverse, for example, but we are into it and some crypto projects will lead the way. we gotta realize that metaverse is not a place, but a time where aspects of our digital life becomes more important than aspects of our "real life". some parts of our lives are already on metaverse. we used to mainly focus on the physical environment in the past and this does not exist anymore. tvs, computers and smartphones got this job done. who is gonna lead the way? crypto. it's not going to be meta. this is not a passing fad. i've been in an online metaverse event last december called "enter the metaverse" with people from decentraland, unique network, sandbox, alien world... each one of these projects is developing a certain utility. this trend still crawling, but we are already inside it without knowing it. of course we have to maintain a healthy balance between real and digital, but if there is no utility about developing a world without barriers where information can flow freely and thistances can be shortened... then we are doomed.
whalecum to the ponzi
preach. some people like horses some like crypto
i only chuck mine into blue chips and coins with potential
i’m so shocked nobody is mentioning amp given that it has real life utility as we speak
would anyone say that drife (drf) is apart of that 1% that does? i feel as though it does. change my mind.
i would have to agree with you. i'm a big fan of crypto and what it could be (bought btc x, eth .40) but after watching others struggle with it, and even myself with the new defi stuff after leaving the scene for a few years, i just do not ever see mass adoption given how difficult it is for the average person to use. before you say "it is really not that difficult," no because you are the 1% of people that get it. there are people in call centers every day taking tech support inquiries by the millions of people that cannot operate a remote control, set the time on their phone, or send a text message. tldr: the learning curve for crypto is just too steep for mainstream adoption imo
i agree. i only invest in products that have a utility that makes sense to me. (bat, hnt, matic)
crypto is herr to stay
same with money, man. a glorified piece of paper we all (including the system) believe in.
. it’s still early but without that use case your metaverse will be centralized
crypto is the “tech stock boom” of tomorrow. it’s based on nothing and will collapse. .
i spend my crypto all the time
same can be said for the internet
i think its the technology (blockchain) itself that has the value.
wrong! 100% of crypto’s
i did not see any use in crypto besides novelty. blockchain technology is the real deal, though. nevertheless, bitcoin can only go up so... 🤤
it's not so crypto, that might crash and become obsolete. but the blockchain is a useful tech and it might have applications we have not yet considered.
“niche and from mass adoption” and that’s the kicker. right now you’re right. there’s almost no use. give it 20 years and it will be dominating your life, even if you don’t realize it.
algorand has real world potential, unlimited scalability, low fees (unlike eth) and a smart non profit team behind it. it also is carbon neutral.
i bought a coffee mug with doge .
does changing your mind to think it’s more than 99% count?
don't forget about nano
the only way i could change your mind is by defining how you are calculating the percentage. if you're going by number of "projects then 99% is probably a low figure. by market cap your figure is high. almost all crypto is absolute shit.
4 years ago - 3m works on blockchain with microsoft for supplier trust:
hbar is the only crypto with a utility. it used more then any crypto. showing it has its purpose.
while crypto at this moment is still tied to us markets, it will decouple from usd. even now it is better than dealing with certain country’s currencies. imagine having a global currency without govt being able to manipulate by printing more or controlling it.
some countries rely on crypto as there currency now. so maybe in your life it has no utility but there’s utility it provides to the world
few beers projects coming out that have real life use
hey op, look into jasmy. it’s a japanese company made up of former sony executives that are actually making a product with utility focusing on data protection of their clients. they just released a beta version of their product with a full release this year. they have big plans for 2022. check out
crypto can keep going down but i read enough about it (like defi) and it is benefit is that i would not stop supporting it. of course the banks do not want this it kills their business model. leaving your money in your checking account allows your bank to lend it and profit without any benefit to you. therefore i'll always take out what i do not need and put it in projects i believe in or stake it. i urge everyone to do their dd and you'll see why crypto has so much real life utility. credit cards (curve.com) nfts(not just art, digital ownership and supporting artists) or stable coins if your local currency is becoming worthless (turkey comes to mind) the list goes on. i recommend hashoshi a recent youtuber i followed after he explained the difference of staking and farming, lots of good content but his videos are long fyi.
1% of crypton plumps my pillows. bing bong.
dude 99% of all shit people buy is for their entertainment.
anyone else old enough to remember best buy and target and other stores accepting bitcoin to pay for thing? i remember: it was a 1:1 ratio at the time. i didn’t have much at the time. actually didn’t have anything but was able to collect enough to invest into the best buy offer, thinking that i could buy a sony trinitron monitor with it. really nice flat screen tv at the time but was way too much for debit card daily allowance. so i bought enough through the days to make the big ticket purchase and has 3.74 left in but coins out of like 1100. well i just finally put that 3.74 into my 401k the other day. i ultimately made profit. that whole legal tender thing flopped pretty hard and was wiped from existence on all store fronts, what happened to it?
someone watched line goes up i see
it’s true, it’s too slow to have any real use, and nfts everyone always says how you “own” a digital good but 99% of the population literally doesn’t care. it’s literally all just gambling.
i think that the coins aiming to be good digital money, like bitcoin and nano and monero, are the most important coins.
idk ...defi coins are teaching us apes how to be money market managers at least
i agree and you may thisagree, but this is why most of money in this space is with hedera. it's main hurdle is that it is only utility driven. it has the sex appeal of ibm in 80's.
i pay for a 90% of my online services with crypto. i will have to thisagree.
monero, nano are the only ones i have used for real life purpose, the rest are purely speculative for me
get me to 500 comment karma so i can post plz thx !
once we reach that phase you'll be wayyyy too late
try tezos, create on their platform. very inexpensive, fun to connect with other people. nft art. ubisoft is making skins in the form of tokens (still in beta). so far there is a lot of flack on ubisoft but i don’t see micro transactions going away anytime soon. it’s only a matter of time before a company like valve or microsoft get on board(they will probably have their own blockchain). they’ve also just scored a label deal with warner music. could it be possible this blockchain will be competitive with soundcloud? maybe indie artist will start making music on tezos. all in all just create, create, create. you could put 50tez in your wallet and it would last you a very longtime. also its nice that you receive apy, so i’ve been using my interest to create my interest. you can buy .tez domain and receive payments that way as well.
op, i want you to do research on what exactly makes crypto fail, and then ask yourself if this problem can be overcome. i do not have an answer for every point, but i'm sure someone somewhere could. for instance, currency exchange for bitcoin usually takes about 10 minutes. could you imagine standing at a cash register finalizing payment only to have to wait there 10 whole minutes before the cashier lets you go? no, that is asinine. people would not adopt crypto for everyday transactions as long as that is a thing. but what if it was shortened to 10 seconds? or maybe 10 milliseconds? it suddenly becomes viable. so think of it more like a proof of concept prototype instead of a final product. yeah, there is a shit ton of "shit coins" out right now and it may seem like many are just cash grabs, money laundering schemes, or rehashed clones of other coins. but if i could compare crypto to the history of the internet for a moment, i think it would look quite a bit the same. first there was bitcoin, then ethereum, and a few followed in the years after, much like how there were only a few websites in the 80s and the internet was not really a noteworthy thing. but then the 90s dotcom boom happened and quite a few sites came about. we're about there in the history of crypto. but much like the web, we are short a shit ton of capability from what we know of the web today. i mean, we have basic email capability, you may be able to order a pizza from domino's online. but it is nothing like having an app for every restaurant and having ordering ahead be a normal thing. if you tried to explain what the web today looks like to some "normal" businessman from 1990, he will likely have the same doubts and skepticism you have. he'll likely say that the internet is some fringe hobby for nerds, and there is no way everyone will be using it on a regular basis. he may see some use in it, but the problems outweigh the benefits and wide scale adoption is not feasible (remember this is still in the age of dialup and 10 mb was a lot). so, yeah. we have a long way to go with crypto. but just because it is not useful right away now, does not mean it would not ever be.
well originally it was just for buying shit on the deepweb is assume it is the same now
ethereum is used for defi nfts and many other things. fees are high precisely because demand for block space is so high. the high cost to use eth literally demonstrates it’s utility in real time
bitcoin was never intended to be a speculative asset, its p2p cash. bitcoin cash works as intended, no ln vaporware needed. check out bch adoption in st kitts, its everything maxi's wish el salvador was.
amp is literally a block chain driven payments rail. the flexa network uses amp to process payments in stores as we speak - gamestop, regal, bed bath, dukin etc. amp processes and collateralizes any form of payment - crypto, credit, etc. it is essentially trying to take on visa and mc’s greedy 2-3% merchant fees, it also puts a stop to customer data harvesting, and fraud. it’s actually being used too. i do agree, there are several projects that are scams, overhyped, and have zero utility. i would say most of crypto is plagued with them. however, there are several sectors within crypto that are on the path of thisrupting several real world industries.
i think you answered your own question. yes, i agree with you that most of it has no use case other than speculation, but the technology can be revolutionary. it will just take some time. my favorite project so far would be [cryptoroyale.one]( it's the first game i've seen that you can just anonymously earn crypto by playing, without having to set up anything first. i think eventually you will see vr games with their own currency, virtual tutoring, vr remote control cooking robots and barbers, and even projects like brave which give you some crypto over time for doing mundane tasks. each will be payed for with their own unique currency which can be traded at will and even mixed and blended to create multidimensional experiences of financial worth. brought to you by the future.
correct me if i’m wrong, but i feel like cro has utility . . i get it as a form of cashback on my card, can send it to friends and get 10% cash back from it, can buy gift cards with it directly from the app, can buy nfts on it directly from crypto.com. . it was christmas and i forgot to get some gifts and just bought gift cards to amazon and sent them the card bar code as gifts. thats useful lol.
block chain will win a nobel prize. will be revolutionary. and also, just now, nfts are a way to get perpetual value for intellectual property. something an artist could never do before. whole industries are going to get upended by the adoption of blockchain.
that’s actually kind of a lot of coins with utility if you really think it’s only 1% considering there are like 10,000 coins (at least). that would mean maybe the top 1,000 are legit, but i personally don’t even invest in anything outside of the top 30.
market is looking not so bad,i haven’t been able to buy more,shit
they're here to create real like utility tho. you gotta see the bigger picture...for lots of these cryptos, they want to create something special and traditional financing would not offer the funding they need. sure there are lots of projects that have no intention of providing. but on that same token, there are plenty of publicly traded companies that do not offer much else either.
are you a music fan? check out corite at the app store. amazing to see that you can invest in your favorite musical groups and get dividends. this could be a start of a new world economic model. voting, investing and making your money work for your enjoyment in life.
oh my sweet summer child
the irony is that crypto is supposed to be the solution to fiat currency that relies on trust in a government, whereas crypto in and of itself operates entirely on the trust that the system is worth paying for. i think that is the main crux of the issue with real life utility. most of it is highly hypothetical and expected to work because we believe in it. that's the innate problem with a non cash flow asset. that being said, it still has my intrigue and some of my money lmao.
i've posted about realt before, but i find it really awesome. it's not actually a "coin" or "token" but more a project. being able to fractionally invest in *actual* real estate in 5 minutes for as little as . the costs are minimal and i actually have not seen anyone talk negatively about it. edit: it requires kyc + [link](
for sure. maybe not 99% but i get the point. that’s how it goes with new toys. i do think a few are long games, but the majority will probably become “hey remember that bag of coins i have”
i own some crypto but i feel it is similar to visiting a casino once and winning. the people who have won so far want to visit the casino again but do you win every time? not everyone wins right i have coins that i have lost money on and i just hold them because basically that is all i can do. so i tell others to hold by the fire with me with hope of convincing more to enter the casino.
what are your thoughts on enterprise level encryption? data tracking? financial transparency? national security. block chain technology is the future
you ment to write ‘stock market’ instead of ‘crypto market’ right ?
just wait until there is a shock and people realize they can’t sell their crypto cus all the dorks that keep buying the ‘thiscount’ are tapped.
no your right... but there are also thousands of projects... this is the internet in the 90s... that 1% is amazon, google, or msft... but for every one of those, there are 99 [pets.com]( altavista, angelfire, or geocities... that being said just because a project fails, does not mean its a scam, and just because a project is financially good for your wallet right now does not mean its not full of grifters and scammers... [pets.com]( failed, but today i would bet more people get their pet supplies. altavista, actually most search engines failed , but because they could not compete with the super power that was google. in 20 years we might be saying "man remember ethereum or btc, they were sure ahead of their time... we all use quantumbucks now but back in the day...
eth is shitcoin change my mind
you know the criminal underworld black market is about 3% the size of the world economy right?
i mean in the same sense that all currency has 0 "real life utility", then sure. crypto objectively has far more utility than fiat though, and that is what matters.
yeah, bro, but the 1% in my portfolio is going to the moon!
i keep saying the same it is all gambling on your phone
grt. web3 indexing. think google or opera for blockchain.
100% of the crypto market has 0 real life utility. one day many of the delusional, scammers, sociopaths, and technically dearth hype train will have to face this cognitive thissonance. down vote away as expected on a bias, echo-chamber such as . 🤣😉🏆
totally agree. the blockchain algorithm has uses, crypto barely has any.
vet, whether it is popular here or not, is a grwat example of crypto done right. speaking of which, what happened? everyone used to love vet here
you can deposit ust (stable coin) in anchor protocol and earn 19.5% apy. you can leverage it and earn a higher percentage. there are other stable coins and other protocols where you can earn 10-15%. this can all be converted to real life money usd and therefore has real life utility. no speculative assets involved. just deposit and earn.
crypto has always been an anonymous way to buy things online that you obviously can’t do with your debit. buying illegal things with anonymity is the single most useful thing crypto has achieved
tomorrow will be my turn to post the same shit.
amp and flexa have all sorts of utility!
i think that’s because it’s still in its infancy in terms of being adopted by countries and corporations, but as that changes so will it’s utility
nano should be the crypto most widely accepted as a viable currency. it’s feeless, fast and easy on the environment
i use ltc and bch on a nearly weekly basis to move money on and off online poker sites. it's fast. it's cheap. my bank cannot cancel the transaction. my crypto wallet does not care where the money came from. only downside is that my usd balance does fluctuate, but it is not that big of a deal.
only because we are still early. once regulation is nailed down it will open up a flood gate of utility with online shopping, banking, financing, and savings. financing will be the big one that takes crypto to new heights. much easier to get small and big loans using blockchain tech. which chain gets the bulk of financing or locks down a big name in tech as a partner like apple, or even tesla will be the next big one
tldr: buttcoiners don’t like ‘coins’ they can’t actually put in their butts.
crypto needs to be renamed garbo…
i think you need to have a broad. the emergence of crypto currency is actually quite easy to understand if you do so: currency has always evolved and adopted to the predominant communication. barter system, shells and other intermediaries, precious metals, bank notes, debit if we didn’t adopt a digital currency, it would be the first time in human history that we did not adjust our economy to a major technological shift. that would be unprecedented.
i just paid for my 2020 f150 at the ford dealership with crypto.com card. so that is a nice 5% cashback
who gives a shit... scalp till you become rich
acceldefi.com and the unrekt app. allows you to place limit orders on uniswap.
suggest you instead post to
playing xexyz on nes has zero real life utility as well.
why are you asking people to change your mind for you? do you have doubts or do you want a pointless thiscussion?
we are not throwing money in the void. it depends on the project you invest in though. i know utrust, a crypto payment platform that enables over 10k merchants to accept cryptocurrency as payment it's much cheaper to use compared to paypal, and it is safer too. it is solving real life problem
you are so wrong. it's 100%.
unless there are significant gains in quantum computing and working the blockchain becomes much more efficient, countries (at least the same ones) are not going to support it and will continue to ban mining.
looking at the price of bitcoin on a logarithmic scale will tell you everything you need to know…it’s all driven by demand. there’s no tangible value because it doesn’t represent anything except speculation. proof of work is too slow for actual currency transactions at scale. the artificial scarcity creates artificial demand, which on the opposite end means deflation. a currency that is deflationary is the worst type of currency. a currency should be exchanged freely for goods and services not hodel for future gains.
fast, easy, and cheap global money transmission
i mean, i am pretty sure this is just a casino. the different cryptos are just different brands.
what’s a dark web website for me to spend my monero on?
just wait till the tether scandal is proven...
you forget! crypto is great at keeping gpu prices sky high and eating up all that pesky excess energy on the grid. checkmate.
genuine question, hiow useful is xrp?
all of it is worthless beyond the value placed on it by it is users. btc and eth might retain value going forward as various criminal organisations will continue to use it to evade financial sanctions. it is not a coincidence that a lot of this started popping up once the us started targeting individuals with financial sanctions so that they could not move their money around as easily. cryptos gives them a way to do that. that is the primary use case for cryptocurrency - a vehicle for evading financial authorities and committing fraud. that is why it has some value in the real world. it is why most transnational criminal groups are heavily involved. and also why the government is seeking a way to regulate it. but mark my words, should regulation fail it will be simply be banned and government backed digital currencies will take their place. ultimately, i do not see the value being very high for any particular crypto. it is entirely being fuelled by global speculation and free money. once that stops, good bye cryptos. or at least it will come back down to pre-2018 levels.
nope. sounds like your minds made up. you want to be stubborn and watch this zoom past you be my guest. but all you gotta do is probably google industry blockchain case studies. i'll throw a few your way just off the top of my head though. power ledger (token: powr) allowing people to buy and sell energy to each other across the electrical grid today, not tomorrow in a number of different countries. propy (token: pro) - an ethereum blockchain solution for buying and selling international real estate. a forbes article in 2019 stated there were property listings in 30 countries, had an investment by the national association of reators, and is part of their reach program giving the project reach to 1.3 million real estate agents. that was 3 years ago. sony, samsung, and google are all running enterprise validator nodes for theta network (tokens: tfuel and theta). audius (token: audio) is a decentralized audio streaming network similar to spotify. but there is no corporation to take their cut and just let a few dollars trickle down to the artists. instead all value accrues to the artists, listeners, and node operators. verizon is putting it is press releases on an immutable blockchain pushing for news organizations and corporations to do the same which would make it nearly impossible for anyone to quickly change or take down a news release. there is not a single industry this technology is not touching. this is not happening tomorrow. it's happening now. ok i'm done doing your homework for you edit: added tokens for each case above. except verizon's press release accountability solution. it runs on madnetwork which has a corresponding token madnetwork.
it is was and always will be a ponzi scheme. we never learned a damn thing from tulips
the value of each token is still there, use case had gonna come from market cap too
technology would not regress. we may have hit a 5 year high water mark due to covid accelerating the rate of it and medical development. i imagine once things open up again (fully) if they ever will, things will be different.
you don’t understand crypto. change my mind.
all cryptos are fluid junkpumps
nano and it is fruit based meme coin have markets where you can buy merch and other stuff, faucets and "tv" channels. the community's are active in a bunch of things such as donations and the medical community.
there are few more that utilize blockchain technology and are just monetising it digitally using crypto - power grid. and i am sure there will be more. i guess ultimately it can always act as a financial market.
well it 100 percent has advantages over government controlled currency. but basically what cryptocurrency is the modern age gold, silver and diamonds. its a finite resource that people use for currency.
you go to say very niche and nobody uses it in the real world...then you go on to mention 2 unknown bs cryptos that claim they do but nobody in the real world uses it...sounds like you are being paid to shill garbage shit coins.
my awair element is onboarded to planetwatch…soooo
let's see i have a son a beautiful wife. maybe my son at 2 yrs old can tell me what to do with all my crypto. on just say hold
it's 100% a scam.
you are wrong. 99.999% of them are crap
i agree with you, i wish that 99% of coins would thisappear, even if that means some that i own myself. they give crypto a bad name to be honest. just like fiat currencies, we only need \~200 to do everything we need.
i personally don’t have a problem with currencies like bitcoin but i feel like most nfts are just a new digital form of mlms.
defi where people take loans or contribute to liquidity and earn from the loans.
i just quit my very, very stable it job of 6 years to join a crypto data analytics company that’s currently going through their series b funding. crypto is here to stay. majority of our customers are all financial institutions or private finance companies that all view crypto as an alternative asset class, similar to emerging markets. we can’t even keep up with demand it’s insane.
honestly folding ideas video the line goes up, has done a wonderful job of convincing me to stay the hell away from any cryptocurrency or nft unless fundamental changes are made in how the block chain functions or it regulation.
all crypto has has real life utility, anything that threatens total governmant control of money is an asset. monero allows for private transactions, ethereum allows for dapps ric is working on dca streaming storj is working on decentralised databases no crypto has any business being worth 100k
it's 100% in its current forms.
a very sensible thiscussion and thought. i agree with you only few cryptos actually have real life utilities. with the few you mentioned above, sylo has a smart wallet app that allows encrypted decentralization communication between loved ones.
a lot of it its contenders for ones that do have real-life utility and if you are at least a bit competent you can figure that out and as far as long term investments pick the ones that are the most usefull
you're not wrong. 99% of the .com boom had no utility aswell. doesn't change what it did for the world.
recently i used an nft that gave me access to a license in a software, boom one nft collection allows you to do licensing on software and you dont need anything regarding supporting the licensen nor have licenses on servers bitcoin use case, i have bitcoin, no one can confiscate it from me, no know can take it from me and no one cant sensor me from using it. but yeah 95% or some are just terrible projects
question is web 3.0 a realistic use for some of these cryptos, i can see that being a very useful and popular advancement with crypto. also what coins represent web 3.0 i’ve always wondered but never known
when someone can turn millions into billions investing in bitcoin or turn any amount into more and you cant grasp the utility. then investing is not for you. but the original concept of crypto was not the investing part but the independent monetary system part.
it was never about utility my friend... do you believe or you do not.
most real life "utility" comes from ransomware
i like how you shilled lrc in there. 100% of its price action is becuz of some supposed partnership with a dying business model.
seems like crypto is here to stay in one way or another. i just wish i understood all of it. nft’s as well. seems like the regular person is too far behind now and can’t cash in anymore.
the best i can say is that it enables people to send money anywhere in the world without the need to fill papers or pay huge amounts of taxes. free of bank abuse.
online sports betting for states or countries that don’t allow it.
no different than the electronic balance in your bank that helps buy your house. that money does not actually all exist at the banks, only an electronic number representing the "cash" equivalence. crypto gets rid of the middle man.
it's not that 99% of market has no utility. it's that 99% of the hype is exaggerated hype. mostly because rapid price movement inside 12 years. so everyone would love to continue seeing that velocity even though it will have a plateau. crypto is cool but overhyped.
he’s out of line, but he’s right.
"i understand that there are companies looking into metaverse, nfts or accepting bitcoin as legal tender, but those are very niche and far from mass adoption." how is that far from mass adoption?
here are a few of the utility tokens that i am most excited for since they actually have real world usage and actively use the tokens as incentive to power their networks. i’m sure they are many more but i personally feel like these are pretty big ones here. **thisclaimer. i am invested in each one of these. not to say that i have a bunch of money cause i don’t. i am actively working on projects associated with each because i believe in them and i believe they can all be used as tools to free ourselves from the nightmarish reality we have come to accept as the web today.** ***do not sink money into these thinking you will become rich because that will likely not happen. for some of these keeping the coin cheap is actually beneficial since it keeps the projects decentralized. (this is especially true in the case of filecoin.)*** **filecoin: ** a truly decentralized cloud storage provider that is looking to also offer ethereum like smart contracts. the network is basically is composed of a bunch of extremely talented and well educated individuals that take data persistence extremely seriously. the project itself is so insanely deep and complex that trying to explain it in a post would be pointless so here are just a few benefits. 1. on chain storage provided by individuals that won’t make you sign a tos or hand over any private info. 2. upload and download has the potential to be waaaaay faster if a storage miner is local to your area. 3. you don’t need to worry about your provider altering or compressing your data (ie. loss of quality in video or photos) 4. can offer a more secure version of sharing data as long as you encrypt before you upload it. 5. fights against censorship since the storage miners realistically don’t know or care what they are storing. 6. cost of cloud storage. **helium:** it’s providing a decentralized network of wireless access points for iot and 5g capable devices. individuals purchase hotspot miners that are able to communicate with other hotspots to create a mesh network across the world that will eventually offer a complete alternative to massive telecom services. currently miners have saturated a large portion of the world in lorawan to make a more secure iot network. they just started the rollout for their 5g capable hotspots. i don’t know the details of the 5g services however it is likely that the cost will be gauged by the overall usage of hotspots and instead of one big company receiving payment it will likely be the individuals that are running the hotspots that will receive the entirety of payment just as how the lorawan version of the hotspots have done. benefits *could* include. 1. using network without fear of sensorship. 2. lower cost since there is no middle man or advertising budget or anything that needs to be paid for in terms of overhead. 3. network congestion will likely be lower since hotspots are highly sought after and deployed in large scale. 4. once the network is built out this could allow for communication in the event of “internet shutdown” 5. network will provide better coverage than any single entity could provide thanks to sanctioning and cost of deployment for large businesses. **decentralized vpns** **sentinel and myst** i’m wrapping both of these up into two as they both are trying to tackle similar problems using different methods, ideologies and are on different chains as a whole. myst seems to be taking a straightforward approach of being a dvpn provider on the ethereum chain. users set up relay nodes for individuals to connect to from all around the world so that they can encrypt their traffic from their isp, governments or prying eyes. sentinel on the other hand is on the cosmos chain and is aiming to offer more or less a platform for other decentralized vpn providers to hook into their ecosystem to offer these benefits plus whatever other additional services. (where the whole cosmos interoperability benefit comes into play) benefits include but aren’t limited to. 1. increased privacy and breaks down the geo-locked walls content providers have put up across the world. 2. increased anonymity actively throws a wrench into the whole geographic price locking where individuals need to pay more just because of where they live or who they are. 3. censorship is significantly harder if not near impossible when all of your traffic is being relayed through encrypted tunnels and exiting through the relay of your choice. 4. having dapps built onto the network can allow users to pick and choose whatever web experience they want whether it be ad free or even stripped of all of the tracking that is included in clear net browsing that typical users aren’t aware of “facebook”. 5. no worries of a single entity posing as a single point of failure when it comes to data breaches or govt intervention. 6. no personally identifiable information stored on chain tying your payment information or web traffic to yourself. **defi** i have a preference of exactly what defi app i prefer however there are tons of decentralized options here that might speak to someone more than another. using defi applications storing your assets allows you to accumulate wealth in a new and in my opinion a waaaaay more efficient manner. using these platforms to store tokens can be a great way to generate some passive income thanks to apy returns. what’s great about these is you can also borrow against your bag in the event of an emergency or if you suspect that the value of the tokens will continue to rise. of course you have the ability to do wayyy more than just that but i just felt that was one of the more important aspects there. just be sure to know what you are getting into when you deposit your tokens into a protocol as they are subject to vulnerabilities and have many other risk factors involved. i just felt that this was a good honorable mention since we were on the subject of utility. benefits include. 1. keeping your funds out of the hands of banks. 2. taking advantage of micro loans or macro loans with significantly lower interest rates 3. gives individuals tools to build their portfolio in a way that generally rewards users just for using the platform. a few honorable mentions as i am tired and i’m sure nobody has read up to this point. *akashnet*: cosmos based decentralized virtual machine network *stablecoins*: for when you trust usd more than whatever asset you think is about to tank. *monero*: something about anonymous and a boating accident? also to mention most of these projects are still in their infancy and still have problems of their own. i encourage any and everyone to learn about them and other projects that attempt to solve these real issues and of course criticize these and every other one for their shortcomings. that being said if you have criticisms then don’t just say something in the forum. contact the maintainers of each respective project and tell them what they are doing wrong and if you know the fix or have a suggestion then of course communicate these things. just remember to be respectful as open source projects are handled by people. not faceless companies. i had more but it’s time for sleep if you made it this far then thanks for joining my ted talk.
i have a hard time picturing crypto being realistic for a company. can you imagine having all your revenue for the year in bitcoin, having to pay your employees in cash, and then having the crypto tank 20%?
could you expand on why you think lrc has potential? i’ve been keeping my eye on it and would love some motivation to purchase more.
i‘d say check out te-food and tone. not shilling the coin, just wanting to show a project with substance and utility. basically the entire covid certification validation of countries around the globe runs via tone. in addition they are validating food tracing for major brands all around the globe on their token - which is the core purpose of the project. here is the funny bit: it didnt have any tokenomics and was listed on fuck all exchanges, hence the price of the token is very very low. for me easily the biggest utility of a token out there and the best real world use together with adoption of customers there is. shame really that the market got so high about memes this cycle.
we are just at the beginning of this revolution; there are so many more protocols that will be built to revolutionize this technology!
there is no use for crypto. the only use was buying things without leaving a trace, err anonymity, right? without that, it is just another asset and the less useful it is, the more susceptible it is to pump and dump schemes. unless you like collecting pixels, nfts might be the only useful ones. at least you get some sort satisfaction from owning those. you can open up your account and just stare at them if that is what makes you feel good and you value that at 1-2-3-4-20 ether. i'd equate it to people collecting pokémon cards who just like to pop them open out of their collections, hold them, and then put them back.
i cannot hear you over my revolutionary new form of greed and scams.
no argument. i’ll pull up a folding chair and grab a coffee alongside you.
you're not wrong, and the people who will tell you that you are wrong are largely speculators with a stake in keeping crypto assets incredibly inflated. the bubble will completely deflate eventually. bitcoin will be garbage, eth will crash and plateau when money laundering is dealt with, all the alt coins will return to being shit coins that someone forked off in their dorm room as a joke. if there is any long term money to be made, it will be in becoming a developer and going to work on the arcane use cases of the blockchain that companies can utilize in house, for whatever reason. the entire crypto world as it stands is built on a phantasm. it looks for legitimacy, but the point of these tokens is to circumvent the very institutions that lend things like currency legitimacy. if those institutions did pick it up, which they would not, then the entire point of the project is rendered invalid. adjacent to this is the only thing these coins are good for, aside from being a speculative asset, is to monetize everything... in a world that is largely resisting that exact thing right now and will continue to do so.
true...but xrp is the .01 percent.
check out lofty.ai it is real world blockchain token utility in real estate.
truth, until i see crypto in my day to day life it’s all just speculative but i hope i’m one of the first to be in when it’s mass adopted.
i like how people think of cost-cutting, ecological and whatnot, not even acknowledging the existance of xno (formerly nano). go read.
tons of coins on ethereum could replace traditional software infrastructure. storj, sia, file for s3, api3 & chain for ec2, matic as a compiler(like python). it’s just a matter of understanding the market-cap, value prop, and logistics of the infrastructure component the coins compete against and if the they can be more efficient long term for the space and the tokenomics are competitive (not to much inflation) you could have a big winner. buying coins based on previous market performance is dumb af. relate coins to real world economics, wait the 14 years, profit.
there is thousands of listed coins and another thousands of unlisted coins circulating on the markets. lots of shitty meme coins making people rich in short term. so many rugpull coins or tokens arriving to my wallet everyday. so, yes 99% of the coins and tokens are garbage and do not have a real usage. op is partly right.
eh i like the iq shitcoin from everpedia that is basically hoping to replace wiki, users have to spend iq to contribute or edit, so essentially instead of wiki asking you to donate every 10 seconds the platform pays for itself with its own contributions i also like that it sort of implies knowledge and information is worth something.
most nfts are garbage; pricey art is valuable because it’s hard to tax, you can’t cut out a piece of the mona lisa. you can sell part of an nft…. what value do nfts bring?
the crypto pessimist believes 100% of crypto is shitcoin scams intending to rugpull. the crypto optimist knows 99% of crypto is shitcoin scams intending to rugpull.
cryptocurrency is gambling, it is in the realms of a poncy scheme. everyone is hoping they will get a huge return on their investments, but we all know that there will be bag holders at the end of the day. anyway. cryptocurrency gives some way for people to own and earn money when they are not allowed. you cannot actually put money in, but you could sell services and take payment in crypto. this can then be used to buy services or things that you'd otherwise not be able to get. like medicine on grey, or maybe a "transport" service to get you out.
you could say the same thing about the internet in 1992.
. meaning anyone can create their own blockchain, and transfer another crypto to another blockchain then viceversa. with speed and cost of cosmos ecosystem, a business can have their own blockchain(stargate) or dao . . only 33,000 available and will be burned on 2 , been following this guys since 2017, privacy, zk proofs... etc etc… (read about it , its interesting) ... dao dao and juno mint allows you to create your cw20 (like an erc20 token) and create your own dao... (inter blockchain communication) , meaning other networks can benefit thru you as a delegator…also, its used for the amm (best amm in crypto hands down)
> those are very niche and far from mass adoption. "very niche and far from mass adoption" are more than 0. your expectations are too high. the fact that cryptos have not radically changed the world does not mean that they have had 0 impact. mind changed i hope.
even 99% might be low since probably only 20 coins are worth it but i think this is how market works, we don\`t need 10k cryptocurrencies.
yeah most is trash, couple gems in there though. only coins i've seen so far with real life utility are vechain (vet), clintex (cti) and monero (xmr). sure there are loads more, i mean who has done the research on all the coins? but it also matters how you determine the utility. is it utility for you the investor, or is it utility as in the project is implementing their product in real life situations, solving real life problems or improving existing solutions.
the utility is to get us all lambos
trading cards and stamps
you sound like someone who did not get in early and missed the boat
decentralized domains like with ethereum's ens. it works today.
99% of land has no gold in it
i'm sick of uneducated fks like you giving opinions... it's more than 99%.
decentr is used in a similar way to brave. just on a smaller scales for now.
i’m no expert, but bitcoin is acting as a loan market. that’s value in and of itself. credit default swap shit. i’d agree though all cryptos are not really doing anything except for bitcoin. there’s also value in securities. it’s a hedge against the fiat based system we have. oh and btc is the only crypto to have this level of network effected security for digital scarcity. that’s worth something. scarcity as a real world concept drives price through the roof. a first of its kind scarce digital asset is new, exciting, and potentially valuable. still speculative without a doubt. but scarcity by definition is often a sought after commodity or at least attribute.
i‘m just interested in collecting these cute little icons in my wallets
give it 5 more years
ugly truth. not saying all are so but most of them have overlap functionality. too many vehicle too little adaptors. more education and public awareness need to be done.
i would say you're close to right, for now. now: 99% of the market has no utility 3 years from now: 30% will have utility 30% might soon have utility 40% never will have utility. these are just my guesses. you sound like you know more about crypto than i do, but i'll say this much: these ridiculous meme coins thistract from the tech that is going on beneath the surface - it is the tech, not the 'coins' i'm trying to pay attention to and investing in. example: one blockchain company "stellar lumens" (xlm, i think) has already partnered with moneygram - the biggest individual money-transfer business around. their tech is going to enable almost instantaneous cross-border transfers and finalizations, as opposed to these things taking days or weeks, and at almost-zero transactions fees. that is pretty 'thisruptive' as the tech bros like to say. other blockchain companies are focusing on interoperability - being the coin(algorand is one of those.) in the meantime, i think a lot of people are going to lose a lot of money in crypto, but when mass adoption really starts, there will be a couple of ginormous winners, blockchan-wise... and many, many will just go bust.
i think iotex and their machinefi will be first one to break this cycle of uselessness. they already have rl devices (blockchain camera and tracker) and means and reason to use them. also they are so undervalued it is crazy. heres hoping it stays like this for a while longer as i'm out of fiat ;)
depends if you're counting coins or weighing by market cap, because eth 2.0 has potential. the biggest technological hurdles crypto is facing right now are low transaction volume and proof of work costing a lot of energy and computational power, which eth 2.0 addresses.
reflection tokens seem to be a better option. this option promotes individuals to buy and keep the tokens long term. in that time they earn rewards in the form of either other wel known tokens or the native token. i think this could be a potential powerhouse and great use of smart contracts. check out reflecto. great utilities coming out q1 with more rolling out soon.
i won’t as you’re right!!!
yes. money into the void. it’s a study in human psychology.
absolutely. but people have proven themselves to be stupid and greedy beyond what i thought possible, so i bought some when it hit the 6-month low
there's a huge nft movement going on that are sitting on these blockchains. some of these are art, but more and more they have been gaining tokenized utility... from owning land to going to nft holder only experiences... or just making money by investing in liquidity of the chain. this is just the start, more and more experiences will likely move to blockchains. eventually the entire financial system might end up moving to the blockchain as a world currency. web 3.0 where you can just plug your browser. some chains are legitimate companies making products... like gala making computer games etc. currency on the chain potentially offers governance so you will vote to control the project. you can also look at how much money is locked into a chain (tvl) which inherently has value. but yes most of the price action is speculation based on the potential a blockchain has just like any other equity on the market.
so do 99% of stocks.
what about icp for cloud services?
i cant change your mind, its truth! but we will stick around the ones that have!
i think chainlink and the oracle systems are great as well. cartesi is another solid one with linux infrastructure, lowers cost and it’s fast too. ocean is data based and that’s really useful too.
you’re right tho. lol.
it's a pyramid scheme, i think most people know this by now. hence matt damon etc getting thrown massive money to keep up demand. kind of terrifying really, a lot of people sitting with a lot of their wealth tied up in something that is as meaningless as candycrush power ups
name another crypto that provides as much utility as chainlink.
it's like the beginning of the web. 99% of the web was useless. look now. ...
nobody seems to be really trying to change op's mind here regarding real life utility of crypto currency... in my opinion (deep breath), we are creating an entirely new financial ecosystem totally removed from the goldman sachs and jp morgans of the world. if we look at btc, there is no board of directors, no owners, no receptionists - nobody there to pay a wage to and no overheads. there are no skyscrapers with bitcoin plc on the side and no shareholders in the traditional sense. it has value and we know there will only ever be 21 million in circulation... ever. imagine a future where there is no quantitative easing, libor scandal or citadel manipulating gamestop share prices with impunity and that is the real world application of bitcoin. we have a long way to go yet and a lot of the current cryptocurrencies in use are muddying the waters (while also strengthening the use case) but i have absolute faith that in 20-30 years wall street and canary wharf and their ilk will be much less powerful and society will be be much changed for the better. at the moment we're in a "gold-rush" phase with legitimacy and scams running side by side, but give it a few years and it will settle down as everyone begins to understand the big picture and adopts the cryptocurrencies which will last longterm.
no mass adoption can be utilised untill a small group proves a concept actually works.
why does it need irl value if it can have url value? if we think this way we could do away with tons of irl stuff as well
not only that, but 'reflection' tokens are literally ponzi schemes. but they are '100%' transparent about the ponzi scheme so, somehow that makes it ok? smh.
i think you're absolutely correct. only real world use case that is making a bigger impact every day is that us inhabitants can send btc to their family overseas for much lower transaction costs & much faster than through traditional means (if at all possible). bitcoin in my view is highly speculative and still needs to prove it can replace (a part of) the traditional financial system. other coins, nfts etc are 100-100.000.000.000x more shite
but cannot you just convert the money into cash so that you can use it in your daily life?
there are good projects out there. ocean protocol decentralizes data or you like to have your data and privacy leaked to third parties? (check facebook, cambridge reports etc). also i believe sports collectibles will drive some good nfts like rario cricket pack and probably get cricket to be more followed on this side of the world.
that is true for most of the projects, but one project stands out from the rest is decentralised communication network from helium hnt
i use bitcoin as an actual payment system, love the fact there are no sign up fees or other crap. this is not really appreciated by my end users, but in the end, my (tech-savvy) customers will show up with a bunch of bitcoins ready to buy product.
req has real use case
what you wanted to say is ‚,99% of the crypto market has 0 real life utility for me’’. change my mind. 😂
good thing i invested in the rest 1% :)
how many threads of the shit are we going to get a day? there is a skeptic thiscussion thread for a reason. it’s the same fucking arguments over and over again “crypto doesn’t all have real utility” “people won’t know how to use it” “get a job” (lol). seriously people, come up with something original. this has been the cycle for the past decade
people also forget what things mean. if crypto succeeds and the us dollar fails, that means somebody else is running the world…
it's literally the (dotcom bubble)². it's just a matter of time. but when the bubble explodes, and by that i mean the real bubble, not this mini bubbles we see every few months, only companies that are worth it will survive. only the amazons, ebays, and adobes of the crypto universe will recover, and it will take a long long time. i see a lot of people in the crypto subreddits and on twitter say "this is nothing like the dot com bubble", they are right, it is nothing like the dot com bubble, it is actually a lot worse. that's why of you want to invest in crypto, do not invest in the 1% of cryptos you think will succeed, invest in the 0.001% of cryptos that you think will succeed (yes, it is only a handful tops). never ever invest money you cannot afford to lose, do not take loans to invest in crypto, do not talk your friends and family into investing in crypto, and take your profits, do not hodl indefinitely without an "out" plan.
feels like the latest money laundering grift
real life use? yes. plenty. mass adoption? i think adoption rate is under 5% for cryptocurrency so by that metric everything is far from it. there's stuff with potential but you are generally right in that a lot of it is still speculation as some stuff is still years away from being complete so it can be used. ryval - litigation crowdfunding ewt - energy related dapps vet - tracking . defi - there is billions here and seems like it will have a permanent place gaming - no brainer theta - video streaming related various insurance based ones there's a real estate one iirc shopping rewards platforms sports travel agents hnt - launched in july 2019, the helium mainnet allows low-powered wireless devices to communicate with each other and send data across its network of nodes. nodes come in the form of so-called hotspots, which are a combination of a wireless gateway and a blockchain mining device. users who operate nodes thus mine and earn rewards in helium’s native cryptocurrency token, hnt. this will be like the dotcom boom. out of the ashes will rise some winners. the top lists will likely change year by year as many that are full of shiz are whittled out. there is a gambling element but i've never made so much gambling so i feel the odds are better if you do some research.
they are helpful for extortionists, and also support local power plants
exactly, the ones that have utility are here to stay the others are gonna be eaten.
crypto is gambling. that’s all it is. that much is obvious when you look at the most pumped coins. it’s all just gambling.
you have more confidence in fiat eh? i imagine you are not american; because if you were, there is no way in hell you think fiat is a better store of value. we have printed more money in the last two years than in the last 100 years preceding it. still, doesn’t mean most crypto won’t go to 0, but the use case for the ones that manage to stick around is obvious.
99% of us agree
i think vechain (vet) has a real use case. counterfeit products are everywhere and with the use of blockchain vechain can guarantee you know where your product is at all times and that record cannot be changed. no fake product would ever be able to seem like it came from the real place.
bitcoin makes up over 1% of the entire crypto market so that alone is my argument
the only real utility is basically everything that banks do, only better and cheaper for the user. exchanging currency? crypto does it better and cheaper. transferring money? crypto does it better and cheaper. taking a loan? crypto. investing in a fund? crypto.
ocean protocol is also a good utility based project. decentralising data, built a tech for safe and secure data sharing. building eu data infrastructure with gaia-x e-money is also another one. issuing different currency stablecoins with backings that is audited every quarter by ernst and young
99% is probably close. the 1-2% has massive implications if you know anything about blockchain. dyor.
there are a lot of crypto without use-cases and the phrase for them is “memecoins”. but i only invest solid projects with relevant use-case like gather network and . gather network is creating a blockchain alternative to website monetization to end ads. it gets better because to thiscover that gather network is more eco-friendly by consuming less energy. such project is worthy of my big bag.
i’m a little late to this but i see it in a similar way to the dawn of the internet. you have this new *thing* with incredible potential but no one really knows what to do with it at first. take nft’s for example- it started with “idk what to do, so here’s some pixel art” and now we’re starting to see nft’s with actual utility and i’m sure the practicality will continue to scale from here
bro your saying my bored ape nft has no utility?
we are all in for the money... but its so funny to read over time when things are happening :d when its going up everyone is hyping :d talking about how good crypto is and stable :d it can make a change ... and than boosts out in 3 days and everyone crying
i just told a friend the same thing a week ago. waaay too many derivative-driven derivatives used to mint nfts that can be converted to a derivative and farmed for yet more derivatives with 0 roadmaps but 2 telegram groups full of shills. helium understands (and i own none). we need projects much more focused on real life use. projects that let people use crypto without knowing it is happening. and most of it is surely being built as we speak but not much of it is delivering yet. remember why we're here in the first place - the world's first trustless systems! put your money towards projects that actually have roadmaps and use cases. bat is an easy one (i do own bat).
iotex will be top 5 soon with real world products and utilities
what we need is an asset with a true store of value that... beats the us has never been down has never been hacked has no admin keys has no middlemen has immutable code has been audited multiple times lets you earn yield on your position lets you keep your private keys while you earn yield i'd buy that asset... i'd buy that asset real good...
to further your understanding of the technology cycle, i’d recommend looking into past technology super cycles. i think what we’re coming up on now is similar to what happened in the dotcom boom, but with some notable differences. the dotcom boom was largely driven by widespread adoption of internet connections in the home, and the development of venture capital investing. then there was a long valley of despair after a lot of early good ideas flamed out. then after 5~10 years or hard work by a lot of people that learned a lot of hard lessons, (and the underlying technologies evolved quite a bit as well) we had the resurgence - social media took off, a long with a lot of other ideas that regular folks probably weren’t quite ready for on a wide scale. for example, internet based grocery delivery was tried late 1990s failed for a variety of reasons. now we have companies doing it, but with a different take, where folks can sign up to shop for you and driver your groceries. it’s not the stores doing it themselves, which made all the difference for the business model. i expect a similar thing to happen with blockchain technology eventually, where once certain core ideas have had enough time to mature, the technology is more developed, and more people are focusing on the solutions to real world problems, and less on the underlying technology, we’ll see more solutions-based innovation. one of the key differences though to the dotcom bubble, to my mind, is the blockchain technology is still too hard for the average person to use successfully without risk of catastrophic failure, like others have pointed out in this post. now that some very large players like paypal are getting involved, the big players will help remove some of that risk for regular folks, which could encourage more widespread adoption as a fiat replacement, as a starting point. but really it feels like we’re still in the dial-up modem stage of internet connectivity for cryptocurrency, we haven’t even had cable modems rolled out yet, (to beat the analogy to death).
according to sources below, there are speculated to be over 8,000 different crypto-currencies. though a lot have 0 to little trading volume or popularity, so i will start with the latter and say there are *7,812.* 99% × 7,812 = 7733.88 (i'll round up to *7734*) 7812 - 7734 = 78 , that is the total number of crypto-currencies, according to your post, that have real utility. so, depending on what you are invested in *hopefully that 1%* you'll be alright.
we are not throwing money into the void, people invest really because of use cases, see layer 2 projects saving us from the horrendous eth fees, matic and ctsi are doing this perfectly, ctsi also makes linux available on blockchain for devs, or do we talk about cross chain tokens like pnt which allows you to interact with multiple chains, supports the eidoo wallet and a lot more, this conversation might never end actually, a lot of gems with use cases out there, dyor and be informed.
i think you're right and real use cases are not easy to come by. however, you should keep in mind that there are several projects on board right now and it is very easy to miss the ones with 'real use cases'. take for instance, railgun is a privacy project that is making it possible for users to interact with smart contracts privately. in short, you can do whatever you want on the chain without worrying about etherscan or any other block explorer revealing your ass. since the initial concept of blockchain is about privacy and security, i think that the privacy utility is pretty much important. what's more interesting is the fact that you do not need the project's token to use the system. obviously, that is some kickass use cases. however, some people are yet to know about as well as many other projects with superb real cases. so you have to be cautious when generalizing...
considering anyone can put out a coin, that is exactly what's happening. an endless march of shit coins. 99% might well be shit. the rest of what you said sounds like you're wearing fud-colored glasses. this is but a small taste of use cases: algo is a layer 1 blockchain supporting a lot of use cases, including flexfintx, which can assist millions of africans that do not have proper forms of id.
dude, ape pics tho
the chinese new cbdc , doing billions in transaction is blockchain based and uses a decentralized network very similar to crypto .obviously it was modelled after crypto. it is a permissioned network on which developers and companies can build decentralized applications and digital assets. thats a huge endorsement to promise. in fact youd be hard to pressed to even imagine a more compelling example.
from the comments everyone seems to have pet coins and are thismissive of the idea behind other cryptos. also just because there will be future generations… before we can reach a conclusion on specific coins, chains, we must first agree that blockchains themselves are useful. this is similar to agreeing that the original intranet was useful. the storage and sharing of data, the speed in which it can transfer and process data, and the manner in which it is secured is useful, even if there may be a better way in existence. in the time of og ibm’s, physical file storage took up less room, had a lessor chance of data loss and was less susceptible to data manipulation… however here we are… years later and physical files have been largely and nearly completely replaced by all major world entities. now to specifics: chainlink - oracles are a means for any smart contract to “see” the world. it’s like the idea of a sensor for a robot… without it, a robot can run a program but the “world” must be programmed and not just the action. it is the single largest necessity of crypto in order to be integrated into real life. atom - unlike other cryptos which near exclusively interact with themselves… atom will likely be the tech that will allow the most useful cryptos to interact with eachother… in a simple sense it’s like a cross platform gaming bridge. only in this case the “game” elements can be built on different platforms. an analogy would be for the player input, game physics, record keeping, graphics capabilities, etc to all be built on different systems best suited for those tasks but still be able to interact to provide the “game”. in the real world, it would allow cryptos to bring specific strengths and be interoperable… such as you could integrate privacy from monero to a smart contract constructed in etherium, and have the trustless contract with collateral from xlm…. it’s an environment that fundamentally changes how to use any crypto and improve it with existing ideas. helium - iot devices have virtually no widespread network… helium provides what is effectively a cellular network without a centralized telecommunications company… not useful? massively impressive considering the iot space and the fact that until now the iot space needed massive, private, expensive and constrained networks… fundamentally this is decentralizing telecommunications. holo - a means to increase speed, security and blockchain processing reliability for complex smart contracts. xlm… peer to peer payments without fees, easier than swiping a credit card and requiring no “user setup” useful regardless as to whether it’s boring or not. any smart contract tech - trustless contracts will be one of the most important advents of our time. legal contracts requiring no collateral, and basic if. terra- a way for any world currencies to transfer seamlessly between one another. a integration of any currency that is in existence without loss in the transfer. this technology globalizes currency… and does so while providing a transition from fiat currency into something that can never be manipulated by central banks. bat - has a long way to go, but people’s attention is very valuable - this project is revolutionary to advertising space and there is to my knowledge nothing really like it. it’s also cyclical. the supply is driven by consumers wishing to sell and the consumption is driven by advertisers wishing to buy. the more successful the project is, the more valuable the consumers are to advertisers and the more the advertisers will pay for the attention of the consumers. synthetix- a way to buy. among other benefits. there are many more…
my dealer used to use crypto to source acid and weed. i suppose that counts for something.
extremely true, but damn those 1% like matic, dinger and chainlink are so good and promising for long-term hodling
lots of speculative investing, that in itself is not bad but what are we speculating on? the tech? more than 50% do not care about that. talking of betting on tech and usage, enjoyed brave browser with bat, but it seems to have slowed down. similar to it in saving ad costs or removing it is gather online, but different in operations. remains to see if it will have equal success, counting on it too👌🏽
like it is been said before, i believe that if we could actually use the currency that we have acquired for real world use then i believe that is the dream. all it takes is for our existing businesses to use it and accept it as a form of payment. the only downside i've come to believe is there is no real decentralization because you still get tax on every single trade. there's just no way around it at least not that i'm aware of. i think maybe that is part of the issue people are like well why do that when i can still use the dollar. unless i may be incorrect on how much the difference between taxing a trade of crypto versus the taxing of using the dollar.
when the internet first became a thing it did not really have much of a use... email! well you could aready mail letters and make phone calls so what's the point? blogs! well you could already read newspapers and magazines so who cares? i agree with you on some level. shiba inu or whatever will be forgotten in a few years as well as 99.99% of other coins. but blockchain and crypto will be huge in the future for sure. it's just in its infancy right now.
passive income, bankers dream. don’t need money in the real world?
was going to say sth about lrc but then i got to the end of your post.
you should look into hbar
scattered across the crypto space are projects with real-life applications ranging from defi, nfts, metaverse. nii from nahmii for instance is built for institutional scaling of ethereum. it provides funding and support for early-stage web3 projects.
making cross-border payments within matter of seconds with next to a dollar fee is not a utility? creating a smart contract for automated validation isnt a utility? dude there are lot and lots of use cases just research and study it in deep.
not really currency, but rather a store of value in the word of papa elon.
it's true tbh, ezhacks knows
big corporations are slowly creeping in and to envision a future without them is simply naive and wishful thinking. xrp is a fine example of highly utilised coins by banks , then you have qnt that provide interoperability, and hbar which is becoming the hub for businesses. while these coins are often seen as boogeymen due to their nature of working with corporations i choose to seem them as a pathway towards the future.
the manipulation of cryptos upward starting last friday was an orchestrated pump and dump event by unethical major crypto players. they know cryptos are and were in danger of collapsing completely and they wanted to create an illusion that cryptos were still rising. not. great exit point though for sellers. get out and stay out. cryptos have no intrinsic value an are run and promoted mostly by scammers trying to steal your money.
the behavior of ivl is very similar to how it behaved before jumping up from . what do you think?
define "real life" utility? crypto created something new and the projects in it have utilities concerning crypto. like for example i'm waiting for kdx launch now because it is the first dex of kadena and i think that is a great utility but there is nothing connected to "real life" so... screw it? i should not invest? nah, that does not work that way lol
well, the dollars in your wallet have no real life utility as well. change my mind.
check out alter on the secret network. big-time use value.
umm... cannabis crypto! especially in the usa change my mind!?! r
we are in 2022, a lot projects have utilities not like in 2018...
check out , then.
check out tally token, that is exactly what they are trying to solve.
you must have never made a substantial withdraw.
[axia.global]( that is all.
i heard the number is 7% of all of the crypto market has actual utility, but i'm seeing a lot more pop up before my eyes daily! i'm glad that i know how to find them! crypto with utility is the future! everything else will fade away.
i guess those who really believe in crypto stay around here regardless of the state of the market. the influx of users whenever the market is pumping decreases the thiscussion quality for sure
exactly my thoughts, i was expectiv a downvote to depths of the market cap, but i was surprised by the actual depth of those thiscussions around here
and actual insights in the comments
echo chamber not as loud
most thiscussions are still meaningless. we need 1+ year of bear market to clean all this shitty content.
wait until people start looking into the tether scam
if moons are not worth anything, its not worth it to farm moons. ;)
>this is what a 3 months bear market does and because its also true, bear market or not.
in a word, yes! they can start a new sub r
i love it no more rockets and moons. good reply “the peace maker”
agree, especially with the last part. moon farmers lowered (just a little though) and way more *real* conversations are occurring.
i think i found the perfect trade signal.
yup. this sub is 100% better on bear markets.
i guess that’s part of the process of how the next bull will be shaped. the community building an opinion, thiscussing new and important topics, maybe bringing back old and forgotten ones that still are valid. hang in there and read
i think it has softened the true believers sentiments. but i bet it will frim back up as things pick back up
yea they moon chasing cryptobros are gone
i do not see this post as anti-crypto at all. it is actually pro-crypto. the problem op highlights is that while people say they are pro-crypto what they really are is pro-fiat. which is why 99% of people here talk about the price they dump it up to make more fiat. most people here do not care what state they leave a crypto coin and its community as long as they will end up making fiat gains.
bullish on meaningful thiscussions!
meaningful? most of the posts here are shit.
3 months? lol if you think this is the bottom i have news for you ….
peoples attitudes have changed , i don’t think any of this could have been possible a few months ago, i guess people ran out of coolaid
your observations about everyone being polite😇
hoelnestly it is a sign were at the bottom and people that were in it for a quick buck are gone.
hahaha yeeaah, feels good honestly
this is an astute observation. if i close my mind and conjure the story of a bull market, it is filled to the brim with charlatan douches, with wolfish grins and teeth a little too sharp.
same. i fucking love it. this subreddit was basically gme style bullshit for a very long time.
i posted a couple weeks ago how it looked like btc was in a h&s pattern and was basically met with a bunch of "charts dont matter" comments
if by meaningful thiscussions you mean people slowly realizing crypto is a massive ponzi scheme of sorts, sure
don't worry! the catcoin shillers will be back in full force
seriously. i've avoided crypto news almost entirely because of the way it is being treated and how the majority of what i saw was just a bunch of ads. show me how it works and the potential and im in. i talked to a few people yoloing their 401k into doge in hopes that it would hit a dollar. those same people did not even know what. a market cap was. shit was hard to watch for awhile.
for anyone coming here for meaningful conversation and thiscussion, i assure you that every subreddit is just a massive circle jerk. you are better off informing yourself than reading comments in the hope of learning anything (unless someone links to their source and it’s a trustworthy one).
its that part where the little boy yells that the emperor he is butt naked that everyone else starts repeating it.
with the hype dying down, most people are not high with lucrative gains of the bullish market. more people are not going crazy and flexing some shit rug-pull coin and are trying to logically assess the current and future state of crypto. if only we can maintain this forever.
it's probably just that there are now enough people who think crypto is shit to balance the homers
bullish on meaningful thiscussions.
absolutely loving it. it's like a touristy town that is not so busy during the off season.
> the hype died and we’re left with meaningful thiscussions. they're not really *that* meaningful. if you're somebody who was riding a hype train a few months ago, and a bear market changed your opinions... then your opinions really have no roots. if your perspective of the value of a product is swayed by the market itself... then you have no actual perspective. it's always been a giant ponzi scheme. many of those who are "recognizing that" just now are not actually recognizing anything, they are merely reacting to emotion. they'll be right back on board a different train if and when speculation starts running rampant again.
it’s not in the 99% mate. it’s in the 0.01%!
monero is what people think bitcoin is
monero is one of the 1% that is useful.
monero is hands down the best coin in existence. it actually represents what satoshi wanted for bitcoin. anyone not buying monero right now is going to be kicking themselves in 3 years.
**monero:** am i a joke to you?
spin it and blend it baby, just how i like my smoothies!
monero is awesome but it has two major hurdles to overcome in the coming years: \- regulation \- quantum computing resistance as of right now, there is no solution to either. they could improve the encryption, ring signatures, but that does not solve the problem of transactions being de-obfuscated retroactively. there is nothing stopping people from just keeping a copy of the ledger in its current form. depending on each user's threat model and risk tolerance, monero may really have no utility for them. that's on top of the likelihood of it being regulated into oblivion and losing value accordingly. let's hope not.
privacy joined the chat!!
have you heard of monero ?
seriously! you can see that more and more people are realizing that monero is basically the pure vision of what cryptocurrency was imagined as.
and casino coin (csc) is a way of doing it haha
with 16,000 coins, 99% leaves a couple hundred up for thispute. now 99.99% leaves only a few.
you mean my dogelonmarscumrocketshibatothemoonsafe is not the 1%?? bullshit!!
my problem with crypto is that its biggest strength is its biggest weakness. transactions cant be reversed, so if someone gains access to one of your wallets with coins you're never seeing those coins again. people say stuff like *"but muh hardware wallet"* and *"yeah you gotta protect yourself just do not get scammed duh"* yet people get their coins stolen all the time. not just dumb tech-illiterate people, normal people who have a good sense of it security still fall for scams or get malware. so how the fuck does everyone in crypto think mass adoption will happen? boomers who can barely operate email on their iphone are supposed to adopt a digital asset they have no hope of understanding where they could get scammed out of everything in an instant with no legal recourse? or if everyone is walking around with crypto on their phones muggers can just stick-up people on the streets to transfer all their crypto to some wallet and get away without having to take anything.
furthermore, it is not zero value. it is negative value. it costs a lot of money to operate transactions. new cash has to be pumped into most coins just to keep them afloat. that money is spent on real world costs like electricity bills and leaves the coin.
this thiscussion is between people from western countries crypto is used in countries sanctionned by the west and(in some ways) from the global banking system (swift, etc). people pay rent in crypto in idlib, syria.
i have a buddy who works logistics and thispatch for truckers. their company bought into a supply line block chain and they all laugh about it because the fraud was never at the database level, it was at the data entry level. just because it is immutable does not make it true 🤷‍♀️
just cos you put it on the blockchain doesn’t mean the data is correct though.
could just as easily use an aws hosted 3rd party app.
why though? you can just use a centralized database for that with apis. the initial input has to be trusted and verified, so there is no point to making it decentralized. otherwise you have an issue of garbage-in, garbage-out.
software engineer here. this is such a forced and unnecessary use of blockchain imo.
well this is the kind of utilities i want to see, but obviously ... in most cases i do not.
barcodes and other unique id methods already do this.
funny enough, i came to the same kind of realisation a few weeks ago and, since then, have been sort of hovering in that space where ... shit, do i just sell everything and walk away ? why am i still there ? it's amusing to see i'm not the only one thinking about that at the moment, curious to hear what other people think about that
many people on solana subreddit kept arguing with me when i called crypto and nfts largely a useless scam, which in my opinion it is. they kept telling how the future use cases are here now and this time its different. how we will be able to put our house deeds on nfts (like that is even desirable) bla bla bla. not one person could come up with a real and genuine use case (that is also desirable) that you cannot already do on a regular database where almost all of web currently exists. crypto had 1 thing going for it and that was decentralization. that schtick is also nearly dying now that rich fat cats are all over hoarding up the space and driving an average joe out of it. i am deeply invested in crypto but soon as things rebound, i will be looking to cash out majority of my holdings. i will still leave some to see how things "develop" but so far i have not seen anything that tells me this entire business is anything but a ponzi scheme.
honestly, i'm more interested in the 1% that supposedly have a purpose. which are they?
only coins with an actual usecase will survive and grow longterm
>how many p2p coins will ever actually have any use? it's stupid. i have chosen to put my money in projects that i actually can and do use that are made possible by cryptocurrency. banking on sending "value" with 200 different tokens is asinine. to be clear, simple p2p payment is one of the few "real" uses of crypto imo, because it benefits from decentralization and does not have the oracle problem. i think all of the projects that attempt to do things which serve as both money and something else are doomed to fail at being money. unless you can scale to global day to day payment levels, you're breaking the desirable qualities of cryptocurrency when you want to buy a coffee and have to exchange. practically any use case i've heard of could instead make use of a robust and standardized payment protocol rather than making their own.
m-pesa and other mobile banking services have been providing bank accounts to the unbanked across africa for over a decade now, with hundreds of millions of users and billions of transactions every year, requiring nothing more than a dumb phone. this problem was solved a long time ago by the people who live there, no crypto involved or required. it's even spread outside africa to india and romania in fact.
like going to a shop and paying in crypto, like using crypto to develop apps that integrate crypto as payment for real goods, like brave browser is used to gain crypto rewards while browsing web
have a look at companies like enjin as well or the lending (aave) and other defi protocols. there are a lot of use cases tbh but most of those tokens will probably converge at some point.
what's the *utility?* what does it *enable?* my constant example is vulcanized rubber. by making rubber stronger, you could finally mass-produce tires. absolute gamechanger. this was one (1) application that had clear utility that could be explained in a handful of words & understood by anyone who knew what a wheel was.
criminal activities in general, that you want to hide, not just money laundering. hits, traffic of drugs and humans, tax-evasion.
> blockchain technology has many utilities especially those that need immutable databases append-only databases are used all over in industry, and blockchain would provide less utility than current options. i use a document control database that is append-only. i use it daily. it's great. there's nothing blockchain would add.
the things that blockchain can solve that can’t be solved better by other means is minuscule. every single block chain based solution that someone has brought to me had centralized and restricted access completely negating the only thing that differentiates blockchain from other solutions in the first place.
what have you used your coins for recently, in any real world practical applications? last time i did anything but hodl my coins i was buying molly off the silk road with bitcoin, or playing poker online with it. that was like 8 years ago.
> for home mortgages \ loans \ purchases - with a combination of nft + crypto + smart contracts, you could use your crypto as collateral for a mortgage loan, have the already created "real estate purchase" oriented smart contract handle all the paperwork for the home purchase, deed transfers, title search, all handled by various smart contracts, etc... and then the nft gets sent to you immediately. if you already had things such as the inspection done and approved, you could theoretically do all this and buy the house within minutes. not months. i can only imagine how hilarious the threads about this would be. * my grandmother died and i do not know the password to her house. * did i actually just lose my condo by transferring it to the wrong address? * smart contract bug found: hackers steal philadelphia. * my house was to me on ethereum but to someone else on ethererum evolved.
no, i prefer those things to be run centrally so a simple mistake on my end won’t bankrupt me or have my house forclosed on.
almost all of these things don’t need a tokenised crypto in the hands of the public though.
you sound like someone who's definitely not paying taxes on your crypto investments :p we can also do all of this btw. -- without blockchain and you certainly do not need "coins" or mining involved for any of the above
voting would be a brilliant one, quick fraud proof votes linked to your did, i could see something like this years down the line in the eu with iota
> you could replace the entire irs (tax revenue department for non-us readers) with a blockchain + smart contract system. you could research the problems with the irs and find that they are severely lacking auditors and the capability to perform the function of the irs. this leads to more audits of poor people who cannot fight them, allowing the rich to get away with everything. this is a human and political problem, and crypto will not help with this. >for home mortgages \ loans \ purchases - with a combination of nft + crypto + smart contracts, you could use your crypto as collateral for a mortgage loan, have the already created "real estate purchase" oriented smart contract handle all the paperwork for the home purchase, deed transfers, title search, all handled by various smart contracts, etc... and then the nft gets sent to you immediately. if you already had things such as the inspection done and approved, you could theoretically do all this and buy the house within minutes. not months. you could research why this takes a long time, and believe me, you will find that this is a human and political problem, and that crypto will not help with this. >government budget and spending habits could actually be audited. they are today. you and i have not read them because it is enormously fucking boring. i downloaded my town budget xls and fell asleep within minutes. >a government backed crypto could replace fiat and do so in a way that enables much tighter control over the monetary supply and in such a way that is not such a "uhhh i guess there is probably maybe somewhere around 400 trillion usd out there circulating... maybe... kinda... possibly..." you could research monetary policy and find that of all the problems they face, "knowing exactly how many dollars are in circulation" is not an active area of research, because that is not a problem. >a voting system that would completely eliminate any and all "this election was stolen!" and "this election was not stolen!" debate once and for all. a blockchain based election system would be amazing jesus fucking christ no, absolutely not. i will let [randall munroe take this one.](
so the question is: which ones and what utility
my personal opinion: monero will win the race for best usable privacy coin. if eth2.0 migration will work out fine it will be the coin for smart contract things. it already has a bonus in this race because the name is wildly known. i also think cro is a good bridge from crypto to fiat, because you can charge the crypto.com visa card with it. also a "multichain coin" will have it reason for existence and i would bet on dot for this.
society as we know it does not function without everyone.
wait, what? are you from north korea?
ok but cryptocurrencies aren’t really businesses though, they don’t really “earn” money. (sure miners can earn money but owners don’t have the rights to any inherent value or share of any cash flow because there is none). which gets at the more important point that many people seem to be glossing over… even if we accept that blockchain has utility, that doesn’t necessarily mean we need tokens that appreciate in value to a crazy degree. and if we remove the chance of coins mooning, i think almost all the people currently “invested” in crypto would stop giving a shit. because then all you’re left with is a technology with some mundane use cases and no real chance of becoming an overnight millionaire. which would eliminate 99.95% (note, not an actual figure but you get the idea) of the crypto market.
this, no way 1% has utility in real world.
lots of businesses take crypto without even knowing it. menufy.com for instance handles online ordering for tons of restaurants near me and lets them take crypto. order online w your coin of choice, then go there and eat the food. every time i say thanks for taking crypto! and the cashier says what? we dont take bitcoin. lol you just did. lots of websites too, like anything on newegg.com can be purchased w crypto.
in switzerland you can pay with crypto in the biggest online-shop digitec.ch 🥳
the ones with utility will be game changers when they are actually *used* (outside of wash trading, scams, and drugs), not due to its investment
the ones with real utility don’t require a publicly available tokenised crypto system to be useful.
hi. i am an engineer in the iot field and currently work with devices for smart manufacturing facilities, predictive maintenance, etc. and i cannot fathom how blockchain would help with anything.
no mining, no fees, no deflationary tokenomics. can't pyramid scheme on this one, so cryptobros are not interested.
is022 coin! love them
iota is going to be an absolute monster. it blows my mind how little attention it is getting. once assembly is available it is going to take a sledgehammer to every other smart contract platform out there.
do we know when the devnet will converge with the mainnet?
why not use cash then? that doesn’t have fees, is not traceable and doesn’t require any power.
>near instant worldwide transfers of any amount of money without any intermediary or government oversight. that's petty huge to me. yep, definitely huge. >tokens with value how is that guaranteed?
we’ll be rich in the metaverse
how the hell is ethereum any different from any other coin in principle. not trying to debate you i may be ignorant. but highly skeptical purely based on the principles of cryptocurrency
ethereum is a piece of thistributed software that gives you the ability to do trust less financial transactions. coins are representations of those transactions that power platforms on the ethereum network (computers connected over the internet that run the software). some coins are useless, like cum but hole rocket shit dicks. some coins represent voting rights on useful platforms like compound. compound is a piece of software running on the ethereum network that allows for trust less peer to peer lending. software has tremendous utility. google is software, facebook is software. and software is extremely valuable. now instead of a single company controlling the software, ethereum is decentralized and anyone can run the software themselves. so when you buy ethereum you buy the right to use the network. the more valuable the network the more valuable that right is.
the more the governments push back on monero, the more i’m sold on it. they wouldn’t be trying so hard to crack down on it if they didn’t think that it’s a threat
the markets do not feel the same way. down 88.97% vs bitcoin.
i absolutely love that you do not have to say it is name, we all just know 😈
yet does it need to be tokenized, made into money? for bitcoin as money i see the point in it being a decentralized currency on the blockchain. for vet the blockchain might be useful to prevent falsification, but i do not see a reason for vet being money as well. do you know of one? i'm curious.
how does paxos hold gold? is there like a fort knox somewhere that purchases gold bars and holds it when someone buys some paxos?
not really. every top 100 coin could be fantastic and if -15000 are all trash then 99% are trash* *dont check that math
\>that's pretty easy to debunk because that is similar to saying only 1 out of the top 100 coins. it's not at all similar to that.
most of those thinks could be done without those token tho... that's what op is saying!
well, seems things in here have changed a little, was not that long ago you would have been downvoted into oblivion for mentioning xrp ;-) gla to see gala mentioned too, they are doing great things, i've managed to avoid working for a while now by playing one of their games
there is a lot wrong in this but just want to point out the most glaring example. axis is a naked pyramid scheme.
> 1 out of the top 100 that's only assuming even thistribution. it's quite plausible that the useful coins are concentrated at the top. but you make a good point. also "useful" is v different for different people.
i like your list. only thing i thisagree with is only 90% being shit 🤣
i did and it sucks that i have to spend more money transfering money then i do with classic banks. simply put.
argument your response, name 1 simple case.
sorry but what _actual_ utility does btc have other than a speculative asset? it sure as hell is not being used to pay for anything.
btc utility ? store of value ? thats not a utility
adoption and utility are most important pillars which take crypto to the🔝
eth! had to stop in and agree.
like what? hosting scams?
television is a gimmick, internet is a gimmick, nobody wants a phone in their pocket… i think there’s a pattern here
absolutely not. everyone saw the value of lightspeed data transfer. people only care about crypto because 'number always go up.' crypto is the dotcom bubble, but with a fraction of the utility.
and money laundering … and black market transactions …
a dude burnt half a million worth of eth yesterday, trying to move it around. he was an all timer too, his wallet was created years ago. i mean fuck banks, but you would not convince my that the average joe does not stand a high chance of either fucking up majorly or falling victim to a scam, the space is a god damn shark tank right now.
only fools don’t see this. bcoin is one of the coins with no utility
that’s not what he’s saying. he’s saying 99% of the market has zero real life utility.
best response ive seen. if a new financial industry isnt a use case then idk what is. loaning, borrowing, interest rates that are actually beating inflation instead of 1% from your bank.
"ethereum ... soon-to-be most secure blockchain in the world." this claim is so fucking old that george rr martin will probably actually finish the ice and fire series before it ever happens.
bitcoin has one of the lowest utilities
just keep thinking bitcoin is the only real use case until i get my sack square
lawsuits gonna wrap up and people will be sad they missed it
lol 😂😂😂😂😂 xlm is miles in front of ripple, oh, and stellar is a non profit too
meanwhile i have to pay .
how much does it cost to on board and off board money when you transfer this way?
i just venmo’d my friend on the other side of the world. the transaction went through instantly and neither of us paid a fee!
lol at the store of value argument as of late. bcoin has no utility
you can already do this with us dollars lmao in fact, it is infinitely easier to arbitrage with dollars then it is to find a supplier and buyer that accepts crypto
this applies to fiat as well.
where is a reputable source to look sentinel up? this is the second time i have read about this and am interested in a good vpn especially if it pays for its self
just curious. can you point me to a p2p crypto exchange with zero fees? thanks! this is what i found - [peer-to-peer p2p bitcoin exchanges](
but what do they actually do? just generate passive income? i do not believe it works like that. they are tricking users into staking coins to boost their network effect which is essential to keeping the price inflated. as soon as another shiny shitcoin comes along and people flee for it, the network effect is gone and the supply is too damn high to begin with and is being issued at too fast a rate to keep the price inflated and they fail. just one rug pull to the next. everyone just trying to get out before the next greatest sucker with no actual utiliity behind the coin to allow it to stand on its own two feet. ltc and btc just work. they do not need vcs to prop them up or to con people into locking their coins up. they are true revolutionary currency and most all of defi and web3 is a big thistraction from where the real power game is being played (control of monetary supply by the fed).
you can pretty much buy anything anywhere with a usd
to be fair even within gaming that’s a small niche. 95% of gamers will never buy an in game asset
~~~ ⠀⠀⠀⠀⠀⠀⠀⣠⣤⣤⣤⣤⣤⣄⡀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⠀⢰⡿⠋⠁⠀⠀⠈⠉⠙⠻⣷⣄⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⢀⣿⠇⠀⢀⣴⣶⡾⠿⠿⠿⢿⣿⣦⡀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⣀⣀⣸⡿⠀⠀⢸⣿⣇⠀⠀⠀⠀⠀⠀⠙⣷⡀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀ ⠀⣾⡟⠛⣿⡇⠀⠀⢸⣿⣿⣷⣤⣤⣤⣤⣶⣶⣿⠇⠀⠀⠀⠀⠀⠀⠀⣀⠀⠀ ⢀⣿⠀⢀⣿⡇⠀⠀⠀⠻⢿⣿⣿⣿⣿⣿⠿⣿⡏⠀⠀⠀⠀⢴⣶⣶⣿⣿⣿⣆ ⢸⣿⠀⢸⣿⡇⠀⠀⠀⠀⠀⠈⠉⠁⠀⠀⠀⣿⡇⣀⣠⣴⣾⣮⣝⠿⠿⠿⣻⡟ ⢸⣿⠀⠘⣿⡇⠀⠀⠀⠀⠀⠀⠀⣠⣶⣾⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡿⠁⠉⠀ ⠸⣿⠀⠀⣿⡇⠀⠀⠀⠀⠀⣠⣾⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡿⠟⠉⠀⠀⠀⠀ ⠀⠻⣷⣶⣿⣇⠀⠀⠀⢠⣼⣿⣿⣿⣿⣿⣿⣿⣛⣛⣻⠉⠁⠀⠀⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⢸⣿⠀⠀⠀⢸⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡇⠀⠀⠀⠀⠀ ⠀⠀⠀⠀⢸⣿⣀⣀⣀⣼⡿⢿⣿⣿⣿⣿⣿⡿⣿⣿⣿ ~~~
well everything your saying is about the blockchain technology. i do not think that is his argument. he is talking about specifically crypto currency as a market. not saying i agree with op but just think your a little off topic
well no, both protocols are useful because it solves fees problem on main ethereum network which is used for real world transactions in crypto, as digital money
out of my research, 99% of the projects literally did. all they do is promise promise and fail to deliver
another sesta’s project? uhm.
im moon farming, what do you want
exchanging currency is not cheaper. tell me how many euro do i got from
i wonder how people incest into project with no tangible usecase. that is the first thing i look at before investing into any project. bat is a good one as it is earned from making use of the brave browser, i also recently added nii to my bag, a layer 2 scaling solution on ethereum. gather looks good though it is the first time i'm seeing it
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crypto is a lot like a seasonal tourist town. the locals can enjoy it now again.
yup, bear markets tend to skim off the top layer of scum and you get a lot more actual thiscussion and depth of sensible scepticisms.
moons are great no matter the price, i love moons as a concept. but i stopped posting the last couple of months because all the shilling, farming and shitposting got too much for me…
i don’t think it’s stupid to point out that the “adoption” everyone was circle jerking on here a year ago isn’t actually real. a company here and there playing and experimenting with some blockchain stuff isn’t adoption. adoption means you go buy your groceries with a crypto card and the supermarket charges you in crypto. stuff like that. and we aren’t there yet, and won’t be for another 10 years at a minimum. but i do think that 99% figure is kinda exaggerated. there are plenty of gems in the sea of horseshit.
i should get that “peace maker” as a flair. how do you set flairs?
the perfect market timing indicator doesn’t exis…
not the bottom imo, we still have stuff like shib in the top 100
monroe is by far the most widely used cryptocurrency on the dark net, that’s all you need to know about how secure it is
>monero is one of the 1% that is useful. monero **is the 1%** that is useful. i'm yet to find any other blockchain project that delivers on what it promised and is actually used in the real world. ' except, maybe nft's, which might replace the 'fine art tax minimization strategy'*.*
while i totally agree with it being (in my opinion) the coolest coin. i do not see any particular reason why it would ever become one of the most 'valuable' coins. it's association with the dark web will likely mean that far fewer 'honourable' businesses will take it. many governments already restrict it is usage. these are just a couple reasons which do not take away from it is use cases but use cases do not equal money makers. imo, hype and wide-spread adoption make money makers. basically all i'm saying is, do not expect massive growth from monero, hold it cause it is awesome, not cause you want to make the best gains from it.
for boating accident ?
a quantum resistant monero with instant, near-0 transaction fees sounds like the ultimate crypto. i shall call it nanero
>\- regulation this is not a problem. many monero fans see the cexs as enemies because they sell paper monero and engage in blatant price manipulation. we welcome regulation around crypto because monero is unregulatable. >\- quantum computing resistance show me the crypto that is prepared for quantum computing.
regulation is less of a problem for monero than for virtually any other crypto.
yo be fair, every crypto has to deal with quantum computing resistance.
\-how do you regulate something that is private and anonymous? isn't that like some sort of oxymoron or something? it's like the war on drugs, they can try, but it is not gonna work. what do you think the people using monero are all of a sudden going to be like 'oh dang the us gov said we are not allowed to use this thing anymore so we better stop'. never gonna happen. \-i've heard this said many times about quantum computing but it is a little silly tbh. this is like saying bulletproof bests do not work to stop a nuclear bomb. it is over the top. the other thing is that quantum computers are still not even that [useful]( by the time they are and they are cracking encryption seamlessly, you can bet that these coin projects will adapt very quickly, thats just the nature of how things work.
>that's on top of the likelihood of it being regulated into oblivion the thing is, you just **cannot** regulate **most** cryptocurrencies. you can make it incredibly cumbersome to access them, you can try to scare people away with incessant fud about it being the bonafide criminal haven, you could try to impose permanent surveillance on cryptos usage due to the public nature of the ledger...but in the end if people **really** want to use it there is just **no way to stop them**. yeah, if you needed to resort to vpns, resort to mixers and privacy coins to break tx's and be considered a tax evader, most of retail would be scared away, but that just hinders it is especulative asset classification, not the actual trustless p2p network use case it was actually intended for (although yes, at that point it would be a criminal haven since all people on it are technically outlaws). quantum computing resistance would be the only real hindrance to monero here, because it can compromise the network's security, and that too would only come in handy when quantum computers become prevalent, as of today it would take a multi billion dolar corporation like google to turn into a malicious actor in order for quantum resistance to cbe useful. of course having it would be future-proofing. you do not really give two fucks about regulation if you're using monero.
but not for our style casino though, we can pretend we're here for the tech. . this is actual real use, real world blockchain to solve security issues, so nobody here will be interested, from their website "casinocoin (csc) should not be viewed or acquired as an investment, should not be perceived as an investment opportunity or obtained with a view to resell or thistribute. casinocoin is for use for online gaming, not for investment purposes or to be passively held with an expectation of profit. casinocoin does not represent any equity, debt, profit, vote or any other interest in eminence or in any other entity or organization. you should only purchase casinocoin for the use of online gaming."
i do not know. take some popular coins: polygon, chainlink, cardano, algorand, solana, polkadot, stellar, vechain, avalanche so cool, especially if you investigate each on their own and check their communities. you think all of these are so superb and have safe spot in future? think twice. half of them are gone within 5 years, thats for sure and thats whats happening every few years, top20 changes pretty fast.
also known as garbage-in, garbage-out. blockchain improves security of parts of systems that typically are already fairly secure, at the cost of making areas that are already typically weak even more vulnerable.
this is what i realized with the new york nurses vaccine card scam, they were entering those fake credentials into the database. there's nothing a blockchain could do to prevent that or prove that those patients actually got injected with a vaccine or not.
yea, but at least you know who put incorrect information there.
i'm wondering if there was also some other use that they are hoping to utilize later or if it is just something they just wanted to see work. otherwise, yeah it seems a bit strange.
and i hope they never run into a human error when entering data, i've worked on production lines a lot and we had a lot of db change request thanks to human errors.
it's a joke. sounds like an ibm customer that still has not woken up to the vaporware reality that is blockchain.
it guarantees no tampering post submission which companies often have an incentive to do to hide mistakes etc. regardless, that usecase has 0 to do with the public crypto as cloud providers like aws offer blockchain services to companies.
so many people think block chain is the only way to produce unique hashes or something lol
i would say for the most part you’ll never see the use case for a utility blockchain.
barcodes are not unique. qr codes can be duplicated or forged. the reason no one in supply chain uses blockchains reddit (except for novelty) is due to garbage-in, garbage-out. it's no different than a less-effecient centralized database. certification and diplomas, on the other hand, is a real use case. but i have not seen anyone use it yet. edit: the reason certificates and diplomas work well for blockchains is because institutions, companies, and competitions often do not last. you cannot ask for proof from an organization that no longer exists, but that record will be in a blockchain.
i am 100% just in here for the profits and do not see a use for 99.99999% of coins. so long as you’re safe about it it’s still a great place to make money even if you don’t believe it’s going to revolutionize the world like many here do. no point in walking away if you’ve already done the research to make the money. personally, i think not necessarily believing in it so much definitely helps detach emotional connection to projects that just won’t happen and leaves you less prone to be left holding a bag.
agreed. decentralization has better use in voting booths, data management, how our taxes are spent, and prevention of fraud than it presently does as a currency. when i see knowledgeable long term users (that know everything about crypto) lose millions of dollars because they accidentally mistyped a letter in their address or forgot their seed phrase, it worries me; now imagine the impact that will have on technologically illiterate people. 99% of bitcoin will thisappear in 1 year if it’s accepted as a mainstream currency! it’s just not possible. nobody trusts themselves enough for this to work, hence the benefits of a central bank.
i’ve seen the same. the house title is my favorite one because they don’t understand that for it to work you would need every lien, every easement, every rental agreement, and house tax information to all be kept on a connected blockchain as well. you need to check all of those to be certain the title is clean. they think it’s as simple as “i own this house here’s my nft” but it’s often way more complicated than that. and that doesn’t even get into the fact you could theoretically get hacked and lose your home. there are decent use cases for the blockchain but not every database needs to be on a decentralized blockchain.
*doge has entered the chat.*
i thought i had just explained it in simple terms: it *enables* a secure way of transactions that completely eradicates fakes, proxies & theft in tcg physical cards (currently a huge problem) and does it in a standarthised way so that any tcg player can utilise it. *utility* merging of digital and physical card market (currently you have to purchase both copies individually as there is no link between the cards, so you are paying twice), secure trading, preventing fraud & theft and then ofc some other features of nfts like the publisher receiving a % of each trade or whatever if that is desired but i wouldn't count that as real utility for the user.
this is the problem with crypto. they solve so many problems in a good way. but all those problems already have individual solutions that are a better way. i haven’t found one use case where crypto is better than an industry created option, even security, the financial sector has got security down very well. 2fa plus fraud detection catch 99.99% of crimes against you.
correct me if i am wrong, but isn’t an immutable database basically a read replica? a copy of a database but can only have data read from it and not modified? i agree with you, i don’t see the utility of blockchain for this.
or the nft proving your condo ownership is itself infected with malware, and empties your wallet as well.
i mean realistically if all that stuff was using this technology, 9 out of 10 people would have to hire a new kind of blockchain broker to deal with it, but i do not think that fits with their power to the people junk
the house deed has to be the stupidest use case, lol. buying a house in minutes! geeze how many houses do you buy now? and at what frequency that the sale needs to happen fast?
when you forget the seed phrase to your house.
in order to implement in a secure manner, they need a form of blockchain backend. depending on the example that blockchain can be either a public blockchain or private blockchain. if you want it truly auditable such as for the irs example, then a public blockchain. and if you think all that is possible without, then we should already have it. our current it infrastructures are a horrible and thisgusting mess of poorly implemented security practices, such as clear-text password files for users stored on a web server that the admin forgot to encrypt, or security scans that only have their high priority issues resolved (if that!) and all other issues ignored. to say we can do all this now without blockchain tech completely ignores the amazing amount of security that a matured and audited blockchain backend can provide at its base layer. literally anything built on top gets that security. in a world of massive data beaches, where things such as printer machines can execute malicious code on your servers, how can you possibly say it can all be done without the benefits that blockchain brings? will we ever know exactly how many usd are in circulation? will we ever know where our tax money truly goes without a public blockchain backed ledger system? you want transparency? that is literally possible with a properly developed blockchain that can finally enable the features we’ve only been able to dream of but not implement. fyi: i know i make it all sound so easy. it’s not, it will be hard work to do the above. i am just a solutions architect. with that said i get why people are skeptical.
exactly. there are ways to have the citizen verify their vote was not changed as well. this also allows for instant results. also means no question as to the validity of the results. also means that you'd never have to worry if you were registered for that election. also means that you'd be able to instantly register for x election as well. the entire election system improves. not by trying to restrict certain voters either (cough) from being able to vote.
highly thisagree. voting would be an absolute mess. any flaw with any wallet would allow for massive voter fraud. maybe votes cannot be changed, but if they are not correct in the first place what's the point?
voter fraud is not a problem. again crypto is a great solution for problems that do not exist.
ethereum has the highest utility
get ticketing protocol on blockchain. no more scalping and easy resell of event tickets
lol. vape shops and liquor only in my area.
>and i cannot fathom how blockchain would help with anything that applies to most things blockchains are trying to solve!
> and i cannot fathom how blockchain would help with anything. this sub ain’t gonna like this statement
iota is not using a blockchain. they're a dlt solution that developed an alternative called "tangle". you'll find more useful information on their site on
ledgers for things that require automatic purchases? otherwise i'm in the same boat.
what exactly are you talking about? the main net is already operating. are you referring to corrdicide?
i guess it does not need to be tokenized to be effective for it to function. a lot of blockchain can function without a token. however the reason i guess it is, is in order to charge for the service and apply fees.
also, all the applications that they listed... the utility is "government evasion" or "fixing problems produced by crypto." eg, the reason remittances suck today is not a technical one; and there are new problems introduced by adding crypto (sending to the wrong wallet, etc).
totally agree with you. the ones with utility, and therefore intrinsic value, are significantly more likely to be in the top 100
if(isquantum()) { protect(); }
that’s a large blanket statement to say that it’s not being used to pay for anything. please educate yourself on the lightning network. incredibly small amounts of bitcoin can be sent for cents using this network and apps like strike are enabling users to do this easily. the utility that bitcoin provides ultimately is that it is a decentralized network that settles transactions without borders or intermediaries. you can send economic value from one side of the world to another in seconds without any currency conversion fees. it is also the only reason that any other cryptocurrency exists. there were cryptos before bitcoin but they could not solve the double spend problem or were not set up with the correct incentives to validate and secure the network. but bitcoin solved these issues. also, smart contracts and every use case that eth or another coin seems to solve, bitcoin can already satisfy. bitcoin is the secure layer. lightning is the speed and payments layer. these two working together spell significant utility.
bitcoin is being used to pay for other crypto. there are online retailers that accept bitcoin as currency for the goods they sell. and irl there are plenty of people and merchants that accept bitcoin as payment for goods. some city mayors have pushed to have their salary be in bitcoin. finally, at least one country uses bitcoin as legal tender. granted, on a scale of things, all these people and merchants make up a small fraction of the economy. but the number of people using it as currency is steadily increasing. if that is not a form of utility, then what is?
>sorry but what actual utility does btc have other than a speculative asset? the only ones that matter - freedom from financial censorship and inflation. and do not tell me your shitcoin can do that. lame, half-assed attempts to repeat the same trick while trying to juggle other plates. > it sure as hell is not being used to pay for anything. apart from every altcoin? and in el salvador?
bitcoin mining creates job... texas is using miners to help build up power plants and regulate the grid.
good tokenomics are also important. (*cough cough* icp)
stellar competes with nano, not xrp.
depends on the blockchain harmony is like 0.0001 dollars
try shifting £300 million let me know how venmo handles that
venmo isnt supported in my region. damn. guess it isnt as globally open as you make it out to be. like why bother lying about shit like this? are you just trolling or are you actually this stupid?
lol at you being a dumbass. anything in price thiscovery is volatile. if you think that gold was accurately and stably valued by early societies as they transitioned away from bartering and primitive currencies like seashells, then you’re doubly stupid. bitcoin will be stable when its value has been universally recognized and affirmed. likely in 10-20 years. the argument that bitcoin has no utility as for remittances shows you are ignorant. go ask central americans who now get a larger cut of what their family members in the us send them whether bitcoin has no utility for them.
since it is a coin built on top of the cosmo. kucoin is the only exchange i used to buy and sell. currently it is only available to mobile and desktop is coming soon. i pay like less than $.01 buy a gig. or 0.001 and i make at least 2.0a day staking only . if the service goes under i would not feel bad but i'm happy to accumulate 😁 they have a free version called 'velocity vpn' that runs on their network without using crypto.
you can use the xrp ledger or the algorand smart chain and send txns for a thousandth of a cent. my last bitcoin txn was .17c , you can do it just about anywhere
i figured we meant alternatives to exchange for goods or services, because they have both got that going for them
with crypto, the incentive is tempting enough to invest in gaming assets especially if you're already enjoying the game. you get to sell those nfts rewards you earn while playing the game. this is big for card collection games like pokemons. the ownership and the rarity of cards are known and shown to public to see. this will prevent heathstone pay to win kind of deals. you also get to use the assets of one game and transfer it to another game. for example, let us say you play mortal kombat 11 and you have skins for sub-zero, the skins will still be used for mortal kombat 12.
theta uses tokens tfuel and theta audius uses the token audio propy uses it is erc-20 token pro looks like verizon's press release accountability solution is using madnetwork and has the token madnetwork power ledger has the token powr
well you just tried to downplay bitcoin which has real world atms and accepted as payment. which shits on both of the things you mentioned. they are shit coins in comparison to btc. if its protocol that eliminates etherium fees why not mention saitamask ? which is putting defi coins on its platform to eventually bypass the gas fees. more established and known over the 2 unknown coins you mentioned. which saitamask is launched. not some hopes and dreams coin like them 2. which saitamask will also have a p2p marketplace that will take purchases on items via crypto like ebay except payment in crypto coins...
what a great analogy lol. hello neighbor!
i still say that fee free cross boarder payments, users not losing in game currency to fees to keep constant in game currency values, real time fee free stock tokenization, fee free central bank digital currencies and fee free purchases at stores leading to visa thiscounts are all 100% real utility of iot and hathor
what's really exciting is that this bear market has btc at + and eth at +... way above the previous euphoria phase.
genuine question, why do you think they are a good idea? what use (for good conversation) are they besides inviting people to spam post low effort content in order to accumulate them?
gotta have a solid amount of signs, but they are starting to stack up. i suspect we still have 1 good drop to go, and we go back into bull market.
i would definitely buy some
to me, this utility is directly comparable to cash, only you can use it online. that is utility! for drugs and other illegal things. i think we should focus on legalizing and regulating drugs and prostitution in order to make these things safer & acknowledge that society will never be rid of them; i am glad that there are alternatives to cash in the meantime, but also, i do not see this as the endgame, and i hope all the users of monero are actively hoping it will become obsolete through policy changes.
from what i've seen, the most popular currency on the darknet is still btc.
bat amp already do what they intended to, no promises needed. they just require adoption and partnerships.
the dark web aspect is one thing. if you think about it, there is no way a non-private block-chain should ever be adopted by the masses. fungibility is not possible without privacy.
holding it because it is awesome is the reason why people started to holding bitcoin in 2009
lol o how you could not be more wrong . this is not going to go the way you think it is.
i hate when i lose my keys on boating accidents, it is like the worst thing
boats are my alibi for irs
sounds perfect. though i think calling it moonero would attract more investors :)
believe there is one called qrl "quantum resistant ledger"
he's talking of it destroying privacy of past transactions which is monero feature and purpose
>make it incredibly cumbersome to access them, you can try to scare people away with incessant fud about it being the bonafide criminal haven, you could try to impose permanent surveillance on cryptos usage that's enough to scare away a vast majority of people, let alone investors, right there.
"this is banned now, 1 year for using or holding it + confiscation" boom, banned, done. how to enforce? pass laws that you get locked up til you give up your keys or those years of sentence have passed, whichever is longer. if the amount is small enough to not be a flight risk, reposessing your car, foreclosing your house, and garnishing your wages until an equivalent amount is confiscated + punitive is also sufficient. also of course no inheritance for your spouse or kids til then. family shouod also expect regular audits every couple years now if the amount is significant, to make sure they are not living at all above their legitimate means
the title was about use though. there is a difference between having use and having a safe spot for the future. the ball mouse had use but now we're in the age of laser mice.
algorand is used a lot in the real world though
i think most of those will still be around. especially the l1s that already have a vibrant ecosystem and chainlink. they have actual use. especially chainlink. i do not see oracles just vanishing into thin air. i also wouldn't define gone as not being in the top 20. i think we really have to stop defining success of a protocol or service by the token ranking. link could be worth 5x what it is now and making new aths every cycle. it's not dead just because some totally unrelated token saw more growth and now is ranked higher by marketcap. example: litecoin is no longer a top 20 coin but it is setting new aths every bull run. it's growing in market cap but it is been outpaced by other stuff. that does not make litecoin dead and it is game over. that's just a poor way of looking at it. we cannot define protocol success and token usefulness **exclusively** by market cap *ranking*.
they're mostly all at the peak of what they offer at the moment. it's just that better project will rise and take their place. it's ways been that way.
why does any l2 need to have its own coin, besides the fact that the devs want to become rich? lightning on bitcoin does not introduce its own coin.
i'm betting on the ones in here that have real world practical usecases. i'll get downvoted for this but i think algorand. layer 2's will be gone when eth finally fixes their problems without the need for layer 2's. chainlink as an oracle will survive in my honest opinion. cardano is built on hype and has failed to deliver in any meaningful promises, so it too will die. solana will fail when eth delivers meaningful updates. polkadot will as well, most likely; but i will still hold some in anticipation of it doing well. stellar is the crypto communities favor option for feeless transfer from exchange to exchange, and for that reason it is not going anywhere in my opinion. i do not even hold vechain but it is an insanely useful coin for supply chain management, so it might very well stay around. especially with the state of the supply chain right now.
top 2 never change tho
chainlink has survivability. it's been through one savage bear market, its price has been relatively stable, even though a highly speculative bull run, meaning that its value is not skewed by a bunch of short term meme investors and it has a clear use case backed by consistent, if slow progress. i may be wrong, but i have a good feeling about it as a long term investment as opposed to a quick moonshot.
this exactly. i was on real estate forums last week and the thispute was over wire fraud, and many proposed blockchain. the problem is not the transaction is being intercepted... it is that people are scamming buyers and pretending to be the title company. that's no different than those sketchy dms and fake exchange links. if you send your crypto to a fake address, it is far harder to recover than fiat wire fraud. the problem is in authenticating the receiver. of course a bunch of smartasses then start to chime in and talk about escrow and a 3rd party... ok, that is the whole point of a title company. if someone pretends to be the escrow account and you send your eth there, you're even more screwed. the issue is not that the "contract" is not smart enough at all.
i'm not a programmer at all, but i thought of this when i first considered, who is using blockchain and why? answer is, not a lot of people, and no real reason.
you can do that with standard audit logs though - so congrats on inventing a needlessly complex solution to something that was already solved.
i do not get the diploma thing. how is paying a blockchain to certify my diploma any different from a registrar? it just seems like extra steps
why would you ever need a certification, it is quite literally the opposite by definition
it does not matter that barcodes and qr codes are not unique. no erp system is going to trigger a false positive for scanning a duplicate barcode since the first scanning will have already logged it into the software. all that'll happen is the erp will spit out an error and then the person scanning has to spend 5 seconds manually typing the item into the software. i'm an industry professional so i really hate admitting this, but vechain does not have much of a future.
it's more than just that. if you wanted to verify that a piece of data has not been modified, we have digital signature algorithms. we have message authentication codes. actual cryptography is designed to do that kind of stuff efficiently, day in day out. and if you want to check if an employee modified something, just *keep a fucking log.*
this is me since i got into this space. i do not think any of these coins will ever amount to anything. to me, it is all hype and buzzwords. i just believe i can easily 2, so i buy and hodl until i do. i consider this an improved, more efficient form of gambling.
i agree as well. there are some good use cases for blockchain. but am very skeptical of the defi aspects of this. especially as larger financial institutions begin to throw their weight around, i'm beginning to feel like i'm looking through the window of the farmhouse at the end of "animal farm." pretty soon, we would not be able to tell the difference between the "pigs and the people."
the term “cryptocurrency” does the space a thisservice, imo. most aren’t even trying to be a currency, and that’s been the case for a while. tokens, which is why they exist and have value. but not everything that has value is a currency. in fact, few things that have value are currencies. most are just assets.
how many homeless people in the future simply forgot their seed phrase?
yeah, what happens when you have a judge make a ruling that goes against what the blockchain says?
> it enables a secure way of transactions that completely eradicates fakes, proxies & theft in tcg physical cards (currently a huge problem) and does it in a standarthised way so that any tcg player can utilise it. it also produces entirely new problems. theft of digital assets is just as real as theft of physical assets; only it is *much* harder for someone to learn how to do things securely. what's the argument that the new problems are significantly different than the old problems? surely you see what i'm saying... vulcanized rubber did not have the same problems as virgin rubber. crypto cards have the safe problem- theft- as the physical cards.
>99.99% of crimes against you crypto does not even come close to this too. has someone stolen your private keys? you're just screwed. there's no recourse.
this is cool. but checking a ticket against purchaser identity is not something you *need* the blockchain for; current systems could implement this today with far less technical overhead. the utility is not unique to the blockchain. like... airplane tickets.
sex and alcohol drive new markets :)
restated, you just said "for most things blockchains are trying to solve, it is unclear why they would help with anything." not sure if you meant it, but i agree with this.
which means its probably true.
databases are very useful, yes!
no, to the devnet specifically. which is running without a coordinator and with the new consensus mechanism. i just wanted to know when we upgrade to iota 2.0 and yes, coordicide is part of it
i think maybe you are the one who should read up a [more]( on ln
"your shitcoin" lol. i do not invest in crypto. i think this sub is mostly a bunch of self deluding people motivated by nothing other than 100x greed. crypto is absolutely irrelevant in the world today, 10+ years later. and no, el salvador is not using btc. the whole thing is a fucking mess as it was clear it was going to be.
how does burning coal to produce useless currency help regulate the grid? bitcoin mining uses as much energy as argentina and provides zero utility except as a speculative asset
bitcoin mining does not generate goods or services lol. its harmful to the environment because of its energy usage, it incentivises miners to dump those bitcoins to cover costs, this leads to a constant sell pressure on the price, it ruined the gpu market(wrong) and in general needlessly consumes earths resources to secure the network. bitcoin has been revolutionary and deserves credit for being a gateway to decentralisation and defi, but there are cryptos that do its job a lot better.
is this something you do often? this sounds like an issue for 0.00001% of people. essentially no one needs to shift 100s of millions across borders.
i wanna be the cranky old one who hates the tourists with such a passion even though they themselves were originally a tourist
i agree, and i'd add several more: asset balance loaning, smart loans, private transactions, royalties tracking and thistribution and more are all existing and thriving use cases. but there are big obstacles and problems with each and every one of them and those problems are worth thiscussion, particularly when you're thinking of investing.
is this even a bear market? so far it is only a dip at least when compared to the last bear market.
i think the way they are “mined” is flawed, but i like the idea of being able to award moons to posts that you think are high quality. if moons were to replace awards as the “good job” token of reddit, i’d be really happy. but yeah, i’m more excited by the idea of a token for social media “likes”, not necessarily how reddit implemented them
you can put a price of trying to crack the privacy. ,000 by the usa internal revenue service.
private currency will never lose a use case
yes! bring on the hookers and blow at the local supermarket! just like shopping for a good steak! love it!
or meownero to attract the memecoiners.
mhm, that is why i mentioned that would rule out the especulative asset classification. do remember that cryptocurrencies weren't designed as an investment but as an opensource payment network, even if monero was priced at 1 cent you could transfer your funds just the same. price action is influenced by the market, but tokens are meant to represent your transaction and not much else. for the unbanked, tax strangled, lawfully opressed people it is just as appealing as it ever was. and now we even have logarithmic stablecoins so the whole decentralized finance approach (the only true to crypto's ideals) is impervious to regulation. if cryptos were meant to be an investment it would be implemented at a code level not to mention the us is not the world, there'll be somewhere to operate without bullshit awaiting crypto investors with open arms.
making weed illegal did not prevent idiots (and non-idiots, but making a point) in college from buying it.
exactly, just prevent people from converting crypto to hard cash and you've taken out 99% of these so called investors.
>boom, banned, done ??? ok pal \*goes back to doing what they were doing using tor nodes, all while laughing histerically\*
wait! mice have lasers now?
litecoin is absolutely not hitting ath every bull run. it's been 5 years since it is all time high. it's def not dead tho.
litecoin barely created a new ath this go around. anyone holding it in comparison to btc or eth was sorely thisappointed. it is definitely still a useful coin and it is far from dead. but it had abysmal performance compared to most other coins.
it takes away the transaction fees from the miners providing the btc network security
except vitalik himself has stated that side chains, zkrollups, etc are all part of the l2 solutions for eth. eth could theoretically develop their own solutions here... but why when there are already solutions that are built for and work with eth? that's the magic of the way these things work. the future is likely many ecosystems, protocols, etc. not one or the other.
this has been my biggest question with crypto in general. it seems like most of the solutions to the issues that come with crypto need third party companies to act as middle men which kind of defeats the whole purpose of crypto as a “trustless” system. the solutions end up looking exactly like the established system which means there’s little to no benefit to using crypto in the first place
what you just said = constantly gets me downvoted and debated merely for stating. nobody can give me a straight answer to why this is not a problem without using fallacies, etc.
my mom has a diploma from a school that does not exist anymore. lost dozens of credit hours because existing schools wouldn't accept its value.
which is why i will always believe the following: if a crypto’s use case can be done centralized, it’s a useless crypto. if decentralization provides a benefit: the crypto is useful
had to scroll up after this thread to make sure i was not in r. some of the most honest and grounded comments i've seen here in quite a while. even btc and eth are orders of magnitude riskier than actual investments, but holding literally anything else is the exact same gamble as choosing a horse. go to the shib sub, or the lrc sub...the whole lot of them are balls deep in a 12 leg parlay of underdogs, and maybe 2% of them are honest with themselves about the odds. it's honestly fascinating. i've been a degenerate gambler for like 40 of my 44 years on earth. i'm in crypto because it felt like slightly better odds.
bingo - the government must necessarily have authority that supercedes the blockchain, meaning the chain is not actually authoritative, largely defeating the supposed point of using a blockchain at all. if the government _could not_ supercede the chain, then congrats, you've just declared open season on all citizens by thieves and scammers (among countless other problems).
my favorite way to short circuit a crypto evangelist is to ask them how to secure their seed phrase. ten laser etched steel plate partial phrases locked in safes around the world later… edit: didn’t mean to imply the person you responded to was one. just responding to your points about digital assets also subject to theft.
also, not to spoil your rubber example but often times it is just about standarthisation as well as competitive advantages in regards to marginal costs of production. so, while you might think that many things could be just as easily done with a server in a centralised fashion by each company individually, it is very likely to be just cheaper & more standarthised to utilise an existing service on top of a public ledger.
have they though? do you even know what an nft is? a thief would not only have to steal the digital copy of the card (which i honestly have never ever heard of), he would also need to steal the nft from your wallet in order to gain possession of either the digital or physical card. without the nft, he cannot transact one or the other and thus it is completely useless to him as he cannot play or sell it. and as long as the nft is in your wallet you can just re-register the digital copy with that nft to your account thus deleting the stolen copy and regaining control of it. that is what i was talking about.
reminds me of [bill gates re: the internet in 1995]( "... you can listen to a baseball game on your computer... and i just thought to myself, does radio ring a bell??" - david letterman you could do most of what the internet allowed you to do with far less "technical overhead" in the early days, but now we utilize and depend on the vast array of tools that the internet enables without even thinking about "the internet" at all. the same thing may happen with the blockchain. you *can* have the same functionality in web2, sans the "trustlessness" and tools like [anchor]( but maybe in 20 years everyone will have a single digital wallet with their passes, tickets, login credentials, deeds, borderless money, memorabilia etc. and we would not care so much about the underlying tech.
which are virtually impossible to resell due to centralized policies of the airliner ofter charging absurd amount of money to change the name on a virtual ticket
ohh but what about... databases that are *read only?*
got ya. the foundation has not announced a specific release date, aside from making clear that it will be this year.
> it ruined the gpu market bro... get your facts straight... ether is mined with gpu... bitcoin is not mined with gpu for like 8 years... you have no credibility in the matter. sorry. bitcoin creates monetary energy... again i am not sure you have the brain to understand the concept... maybe if you listen to saylor explaining it,, it might percolate into your brain cells.
jesus christ, you do realise most money being moved around the world is by big financial institutions and banks not broke plebs like you millions shift borders every second of every day
get. off. my. blockchain! *shakes fist vigorously*
i’m dying at this comment 🤣😂
i did not think i would relate to this as strongly as i do, but here i am. want to get metaphorical houses next to each other so we can both yell at the tourists?
it’s time to elect a new mayor for the town
lol yeah who knows. only time will tell. but i would say a 45% drawdown on btc % drawdown on eth and like 50-90% drawdown on most alts is pretty significant no?
crypto over the past couple years has moved more in sync with the stock market, becoming more closely correlated to it than gold. so it appears for now anyway however the stock market goes so will crypto.
if a hacker had the know how to crack it, they would charge a lot more than the
that is woefully inadequate and they know it, lol.
i hope you're being serious and not sarcastic. because legalizing drugs and prostitution is actually the right way to go about it. safer and less crime.
crypto needs aggressive legislation to protect the consumers that 99% of crypto is currently preying on.
> the ball mouse had use but now we're in i'd replace my balls with lasers too.
out of curiosity, how is it a useful coin?
this is called bitcoin maximalism
and you think having a block chain version of dilpoma from a school that does not exist will help?
all decentralization provides the benefit of having no single point of failure, but that is acheivable elsewise of course.
> i've been a degenerate gambler for like 40 of my 44 years on earth what were you up to in kindergarten?
i feel you. it's funny, just a few months ago, i was getting either downvoted or ignored for making statements like this, or saying that i hoped if the crypto market does crash, it does it before too many financial institutions begin offering "mixed crypto derivatives". i'm sure you remember when they pulled this move with the subprime mortgage market, and that almost brought the whole house of cards crashing down on our heads. but i think now that some of the initial hype is dying, this current downturn is giving people a chance to actually think, and possibly make more informed decisions. all in all though, still slightly better odds than a lottery ticket.
> so, while you might think that many things could be just as easily done with a server in a centralised fashion by each company individually, it is very likely to be just cheaper & more standarthised to utilise an existing service on top of a public ledger. those existing services... exist, and they do not use the blockchain. those standards exist. hell, sql has an ansi spec. and people are really overstating companies' desire for anything, anything at all, to be in a public database. companies pay extra to *not* have things public.
> and as long as the nft is in your wallet you can just re-register the digital copy with that nft to your account thus deleting the stolen copy and regaining control of it. if this is true, what is the blockchain doing that is not achieved by a randomly generated hash that i can correlate with a private database? eg, it sounds like you're registering the nft with a centralized authority, right?
> a thief would not only have to steal the digital copy of the card (which i honestly have never ever heard of) you’ve never heard of a nft being stolen before? they probably don’t even care if it’s useful to them they’ll just try and get you to pay a ransom
> reminds me of bill gates re: the internet in 1995 it does not remind me of that at all. while many people did not see the utility of having a computer at home- and would laugh at this joke, because why would i want to spend all this money on a computer- there were already *tons* of applications in industry. just because david letterman's job, or most people's jobs at the time, did not involve sending spreadsheets across the country, does not mean that thousands of people weren't already using it for that, because it was absurd to fax a 50,000 line spreadsheet. but there is no analogous example with crypto today. like, you get how the first 10 computers connected to arpanet was not just a happy fun time project, they were using it to send scientific data to each other, right?
wouldn't you be able to enable the same kind of limitations on blockchain tickets? also, why would airlines want to move to a system that would make them less money?
sure, but the point is what crypto enables here- what it *can* do that other technologies *cannot* do.
solved with clay tablets! haha
lol, imagine calling someone broke online, a bit insecure now are we?
i’d like to join the neighborhood
something tells me it is going down much lower, why? cuz some big investors are so greedy that they will try everything in their power to drag everything down for better buying power. they're probably testing the waters now... maybe
why will hacker charge if hacker know how to crack it
sharks have laser beams on their heads.
not correct at all when it comes to data you want to be immutable. decentralization prevents any government or otherwise influential entity from altering or removing historical data. you can have all the redundancy in the world and still be censored. the use cases are not as wide reaching as many crypto enthusiasts would have you believe, but i 100% believe there are still use cases, even as a currency that cannot be manipulated.
the database is not public at all, only the hash is and the smart contract parameters to transfer it between people. as i already mentioned, it is a huge issue in tcg and there has not been a solution in over 25 years. with nfts it is fractions on the penny and can be integrated anywhere easily by any company
it could be registered to the platform you are playing on in case of theft or whatever, yes. but that does not mean the nft is on the central platform nor does it mean one requires the other, it would still be transderable. the nft still lives on the neutral, public ledger. which makes it inherently safer. also, standarthisation
ransom on what? the digital copy? the physical copy?
i have never heard of an online card being stolen. nfts are very unlikely to be stolen out of a wallet. ofc it can be scammed or whatever but the possibility of it being hacked is rather slim
thanks for the response. how about [synthetic assets]( that give anyone in the world the ability to invest in assets that were previously inaccessible? or [stablecoins]( that allow seamless, cheap payments across borders? the more interesting use-case for me is the _consolidation_ of existing contracts and authorization... just like how computers consolidated many existing tools. this consolidation is technically possible but terrible with web2 because you'd have to trust a single entity.
cut out the middle man and thus, fees?
it’s 50. all it takes is some decent sustained buy pressure from to get btc and eth pumping again. or a little sustained selling and we’re back to 10k.
i mean, its not like the hacker would gain much seeing whats behind the encryption
that's true i was only thinking about availability, good point. i think it is the nature of capatalism to add a load of profit driven bullshit to any good idea until you risk the original idea being lost in the mess, but i dont think that is going to happen here.
ok. i do not know enough about trading cards to make an argument against this. if the dust settles and the industry that crypto has revolutionized is trading cards, i would not be surprised. thanks for the info
i can believe that it is possible that there is some marginal technical utility over existing options, but you have to admit that everything you're describing is 100% possible with existing tech- *which is already so standardized there are ansi standards for it*- and it is still unclear to me how crypto helps. like i believe you, and while i'm not a database expert, i work with them all the time and can attest to them being a mature technology today.
so synthetic assets are a new speculative asset. personally, i do not think we need any more of those. i do not think "everyone should be an investor," i think we need to structure our economy so that your labor is enough to live on and raise a family. but i cannot argue against the creation of new speculative assets, whatever, if people are having fun, i do not care. (i *do* care when many, many people are being roped into pump and dump schemes to lose their money, though.) >the more interesting use-case for me is the consolidation of existing contracts and authorization here's a fun fact about contracts: they mean absolutely nothing until a judge is reading them. they mean **nothing.** they are written at the start of a professional relationship as guiding terms, and hopefully, no one ever needs to go back and read it, because by the time you do- something has gone wrong. the entire idea of automating contracts misunderstands the nature of contracts. contracts are guidelines for human relationships, and do not, on their own, solve human problems. they exist so that down the line, if there are problems, a trusted 3rd party (a judge, a mediator) can review and make a determination.
you really need to interrogate [why ticketmaster exists]( and how concert venues operate to even begin to make this argument; and *then* you've got the problems of exorbitant gas fees and long transaction times.
> except when it is to bomb another country. well yeah, gotta divert all those funds into military industrial complex. who needs education
great conversation though! cheers m8! keep challenging the narrative. i think you will find a couple of decent use cases if you talk to developers and founders
would be hilarious if the end result of this trillion dollar experiment is that magic the gathering tournaments have a better way to combat cheaters
i am fully aware that there would be siloed options - what i mean by standarthised user experience is that each user can carry his nfts in his wallet and trade them via mobile phone + look them up on the blockchain with no regard of the specific trading card game. interchain nfts (ibc) can be easily traded across blockchains so it is not even an issue if the games are different. to me it just appears to be a more open & utilisable solution. it is very possible that there are other ways to solve this in a decent way - i just have never seen or read about it and it is a huuuge (read multi billion dollar issue) each year. nfts seem to be a very feasible and quick option to me. it makes so much sense imo
depends on the implementation of course but the tcg publisher could just have an nft account registration portal with which you can register your digital copy with the nft you have in your wallet thus deleting all other copies of that nft and minting the new copy of the card to your account. would make sense anyway as cards would probably have a similar mechanism for trades. you do not really trade the card itself. it just gets deleted there and appears in your account.
>they exist so that down the line, if there are problems, a trusted 3rd party (a judge, a mediator) can review and make a determination those are *legal* contracts. i'm referring to any contract that guarantees a particular output given a set of defined inputs e.g *smart contracts*. when the output is guaranteed, no mediation is necessary. here's an example scenario... 1. input: i purchase a ticket to a conference on ticketmaster with my debit card. to do so, i have to provide them with pii. 2. the transaction is sent through multiple third-parties until it eventually gets to my bank to see if i have the funds and if they are ok with me spending the funds. assuming we made it this far... 3. output: ticketmaster issues a ticket which is really just a row in a database they have 100% control over and i have practically no visibility into. 4. an archaic transfer process ensues and assuming nothing breaks eventually the money gets to ticketmaster. 5. i arrive at the conference and present an email receipt or a ticket id on their shitty app dashboard that i'm only ever going to use once. now let us compare that to: 1. input: i purchase a ticket to a conference on a ticketmaster dapp with any token they support. i can do so completely anonymously. 2. output: the transaction is confirmed on the blockchain and i'm immediately issued an nft that is now visible in the same wallet i use for everything else. i have full visibility into this entire transaction and can confirm the exact outcome beforehand if i wish by looking at the contract source code. 3. i arrive at the conference and present the nft or maybe sign a transaction to confirm i do indeed own the nft. again, in the same wallet i use for everything else. yes, we have a long way to go before we really start reaping the benefits, but i choose to be optimistic for the long-term possibilities...
that still doesn’t fix the issue of what happens if your nft gets stolen…
> those are legal contracts. right. when people say the word "contract," this is what they mean. they are talking about legal contracts. there is a tool in my office that we call a "bagel." it is not, in fact, a bagel. it is made of steel and loosely resembles one. when i say the word "bagel" outside of my office, i know that people will assume i am referring to the carbohydrate laden treat. please understand that when you talk to people about "contracts," they will, of course, assume you are talking about legal contracts. as to your specific example, as an end user, i have no idea how that helps me in any way. it looks like it could help ticketmaster, though.
most senators do not know shit about the things they are regulating. they know what they lobbyists pay them to know. this is not about age or not being tech savvy it is about corruption.
i'm 23, listen to multiple youtube channels about crypto and read crypto news, and i still do not know anything about crypto.
i do not trust anyone who attended the last supper and is still alive
the ones under 65 do not know anything either.
i am 64 and i know a lot about crypto
watch that hearing congress put zuckerberg through. nobody in congress knows anything about anything. they're all just there to collect paychecks and skip votes.
being ageist is not what wins this fight. my father is 72 he knows more about crypto than the average investor. being old does not mean they do not understand it, they are probably scared of it because they refuse to educate themselves about it.
eat your democracy with a spoon
this is a common theme and does not apply to crypto alone. in a lot of african and other 3rd world countries there have been multiple fights in parliament (i mean real fights, brawls, with chairs and mics flying around) due to old ass authority figures not stepping down in order to allow the younger generations in. in fact crypto is light years away for these people, some are so old and not just old in age, i mean old in world view too, that they do not understand basic tech stuff.
i kept saying this for a long time and i'll say it again, altho i keep getting downvoted for it almost every time. if anyone thinks that crypto will change the entire world economy is delusional. big boys at the big table will bend the rules so the game is rigged to their liking. what we have to focus on is more decentralised platforms like decentralised exchanges so they cannot block them. we need more privacy coins for the same reason. if you think that the banks, corporations and politicians will give up their power you are dreaming i'm afraid. and this 87 old dickhead just proven my point that i've been saying for months.
i mean replace the word crypto with literally anything they vote on and it’s still the same message, fuck all of them
they may not know much about crypto, but they share as hell know who the players are...fuck them!!both republicans and democrats are in the same power grab game and whenever there is a threat to their institution they start to pass laws that fuck with anyone trying to make a dollar out of 15 cents. i hope crypto becomes so big that politicians will have to beg to come to the table instead of the community having get loud to try to stop them from fucking shit up...
i think we need to stop letting people make decisions that will affect generations when they will probably be dead in 20 years
no. doubtful they can get into their email without struggle.
can someone tell me why old rich people are not just jumping in? they have huge resources to invest and can hire the best crypto experts to help them... isn't the general capitalist mindset not to ban but to exploit? and if they really do not understand it, why is not anyone explaining it to them in a way they can understand?
bro, they do not have as much control over the crypto as they have control over the dollar, they just want to make money
hello no, they are still wrapping their head around windows 10
just being over 65 does not mean you cannot understand crypto, though. but yes, the us and much of the world is "led" by ancient, doddering conservative shitstains, and the us especially allows private interests to literally write the laws, hand them to the "elected official" and have him sign it and present it, often sight unseen. that's basically how the affordable care act was created, the insurance companies wrote down a plan that sounded decent to the uninformed observer, which enshrined their right to suck out 20% of all the money as "overhead"... ie, profit, and it also staved off talk of medicare for all for quite a while. mmm, unlimited money over the corpses of americans, gotta love it. there's little doubt that the banks and the rich these old fuckers are beholden to basically told them what they wanted, and they made it happen. ka-ching, more money in "campaign contributions", and strangely well paid and cushy "consulting jobs" after they retire from public office are ensured.
nope, i refuse to believe they truly understand crypto. however, even if they did their votes wouldn’t have changed. the banking industry heavily donates to the campaigns of politicians. none of them wants to lose their gravy train.
this is why we need term limits!
[waving a fist at the audience] "back in my day money was made out of sea shells and cocoa beans and that is how it should remain!" _ these guys probably.
they are probably getting paid
dude, now you know what it is like bieng a minority in the us. old rich white men controlling the outcome of your life while never having walked in your shoes. just another day...
i have a feeling most senators are out of touch with things in general
this reminds me of my grandfather back in '99. my brother and mother lived at his house. he wouldn't allow the internet to be hooked up because "it was just a fad".
here's the thing about crypto from a political standpoint. proponents of crypto need to stop cheering it on as the killer of bank and fiat currency. they're building crypto up as an existential threat to government, then acting surprised when government looks to regulate the fuck out of it. of course they are going to go after it if it is presented that way.
people fear what they don’t understand
it has less to do with their age and more to do with their lobbyist!!!!! we need to stop focusing our energy on simple minded theories. they are bought and paid for. it has nothing to do with their age or knowledge, trust me, they don’t know much about anything else either yet they vote on everything under the sun all the time.
do you think that the ones bellow 65 know a much more than those over 65?
hey now, my parents are old, but got into it years ago. age does not matter really as long as you keep up on what's going on.
i do not give a shit about their ages, this is not about how old they are, its about the fact that they do not have a fucking clue about things they are making important decisions on, and there is no oversight or consequences for making literally zero effort to understand and make informed decisions. plenty of younger politicians are equally corrupt and clueless. we should be focusing on their incompetence not their age.
probably nervous about any mention of crypts tbf
my parents 68 & 72 have no problem whatsoever understanding crypto. we all know big banks and rich guys dont want givin away power.
i feel like this applies to so much more than just crypto. feels like they are forever fucking us over, entitled boomers.
not at all i’m imaging that senator years back who described thr internet as a “series of tubes”
5 out of 6 members here are probably under 65. and that 1 out of 6 is also pissed off by bad decision of those senators. fart is a fart 💨, doesn’t matter young or old - *if it ain’t yours*, it stinks. and this decision was a major brainfart 🤯. my takeaway: don’t let farts decide your future. support your favorite decentralized governance projects to automate those middlefarts out of the equation.
politicians should all have to wear the logos of the companies giving them dominations on their suit jacket! just like nascar drivers wear the logos of there sponsorships. that way we know where there true interest and loyalties are!
so they’re on the same page as nearly everyone in this sub
this issue is bipartisan and i love it. get rid of the oldheads that don’t understand anything past the 80s. they do not represent you or your state, they represent the best interests of their wallets. senator term limits need to be placed
all they know is war.
there should be a limit on age for politicians. i dont understand why old boomers are allowed to decide the future for the young
crypto will be fine.
the boomers can have kyrsten sinema she is a corporate dem who takes money from big banks and voted down people getting stimi checks. real piece of shit
no they absolutely know nothing.
how many people here actually know anything about crypto?
well they were only 53 when cryptos came out so idk wat to think anymore
i mean, how many senators know anything substantial about the internet?
you dont need to know anything to get positions like that. i germany we have many exanples of that. our healthminister is literally just a ex banker and pharma lobbyist. or our drugministers who dont even know what the other eu countries politics are for that topic. politicians know shit.
senate comes from the word senex which translates to old man. so yeah, it’s the house of old men.
one of the many reasons age, and or term limits need to be implemented.
no, and i think an even higher peecent of crypto owners do not know anything about it either.
well who voted them?
they thought crypto was something superman stays away from.
someone needs to start a dao that functions as a crypto lobby to politicians. why shouldn’t we collectively be able to have our voices heard and fight bank lobbyists with lobbyists of our own? governance should completely dictate who our funding goes to. and we all know what gets 80 year old dinosaurs who are life long politicians moving the most. cold hard federal reserve-backed fiat by god. we could pay them in fiat as a troll.
keep in mind that there is still a lot of "old money" out there influencing the senate. so even if they had the slightest clue, it would not matter. money pushes mandates
the average senator is about 64 years old, is this a case of old people do not like crypto or the people in charge do not and happen to be old
they only know what the banks pay them to know
they probably think they are trying to outlaw superman's dog.
the us is an oligarchy. take your crypto and move to a real country and let rome fall on its own.
they know they want to tax it and control it.
what a weak argument, basically its like saying that you are young in 20s so what do you know about economy or country.
nevermind crypto, they have almost made it to the crypt
they know it can be bad for their banking friends.
i mean... okay. it feels a bit "ageist" to say that because they are old, that they wouldn't know or be able to understand all about crypto. john mcafee was age 75 by the time he died and knew very much how important and sacred crypto is. the bigger problem is these people are constantly being asked for things from many dozens of individuals per day, plus appearances, plus voting, plus their own lives, let alone all the scheming. should they make the time to learn it before making the rules? absolutely. i think they ***can*** understand, i think ***they choose not to understand.*** purposeful lack of understanding is about plausible deniability and shirking real responsibility. all in the name of protecting you, they can enforce blunt demands. "shut up, give us your money. you are a bad person if you do not give us the money because that means you want to cause harm to others. and we'll put you in jail to prove it." when it goes downhill, they simply blame someone else. the lucky scapegoat gets open mic night with the capital hill theater troup. they put on a nice little show to feign compassion and be on the "right side of justice" to thistract you from the gargantuan red, white, and blue d\*\*k that is still up your \*\*\*. all in an effort to just keep their seat, their benefits, their constituents, their banker buddies, and their salary. fuck them for always changing the goal posts. fuck them for always taking from people. power attracts bullies. some shoot you, some just make rules to marginalize you, or both. don't truly believe anyone involved in any government job or agency (directly employed, contracted or otherwise) has any motive to really be there to help, unless it helps them considerably more. it's about money and power. nothing else. anyway... sorry for the rant.
we need about 100% less corpses in leadership positions
magical internet money > fiat
65+ year old politicians will be holding a lot of fiat, fleeced from the tax payer. that is all they care about and are too old and senile to get up to speed with anything new.
obligatory nobody knows shit about fuck comment
they know exactly enough about crypto to realize if implemented in the stock market or elections, there would be 0 possibility for voting fraud and naked short selling. hmmmm. i wonder why they would fight tooth and nail to prevent such a thing? uhhh “doi doi!” occam’s razor??
no government or politician would genuinely want crypto to become main stream because that would destroy inflation and the government's right to make money out of air. (don't make dumb comments like they have economist advising them. that's bs. they literally print as much money as they want.)
nope the country has been run by old, out of touch , tribe elders trying to villianize and obstruct technology as if it were witch craft since the early 90s
they probably have to get their emails printed out for them by their secretary.
it's new and scary to old people just like every other revolutionary advancement humans created. in the normal world we just ignore senile old men
i think you are starting your rant on a wrong note. you are irritated and that is justifiable but people are taking this irritations to speak mostly irrelevant stuff. those politicians are not against crypto just because they are 65, they are against it because they do not see any benefit in it for themselves. i'm sure there are many youngsters out there that know absolutely no shit about crypto or they know all the wrong stuff like it is a "quick money scheme" or something while many oldies who are investing and holding btc from long time. we are targeting our anger to make silly points like "those politicians will not be there in next 10 yrs" or "they do not know what block chain is"... think instead what can be there for them to reject this? target on that, vote accordingly. don't vote on a promise if someone just want to build a wall, apply logic, raise voice, unite, this is how we are going to defeat them, not by mocking or ridiculing them but by hitting where it hurts. ✌🏻
a lot more than 5 of the people in support of it were over 65. calm down with the ageism.
they are against cryptos because they know they won’t live long enough to get rich off of cryptos.
i am 31 & know very little if anything about crypto. what i do know, is am not scared & embrace myself to new shit. not hard to pull the blinders above your eyes.
i have an idea for an nft project. the senator richard shelby fucked crypto over. i am thinking a 3d model of richard shelby sucking the cock of a man in a suit labelled big banks, while cutting the throat of a young child called america's financial freedom could be made. then, a run of 100 statues, each with a barcode attached to the back could be made, and shipped to every single senator's office. then, each statue's barcode would have an nft assigned to it, and be auctioned off. 50% of the proceeds of the auction are donated to charity. 30% of the proceeds go to support the artist. 10% is split among the auction organizers and coders. and 10% is used to fund a 10 foot tall granirte sculpture of richard shelby sucking corporate america's cock to be placed in a prominent location in his home town.he fucked america over, and its time to send a message to congress that taking corporate money and voting against the interests of the american people will leave your legacy ruined.
man there are some wild conspiracy theorists in this thread. the senators clearly do not know anything but that is got nothing to do with their age. the majority of young politicians and even population do not know anything about it. i'd bet even a large group of people in this thread could not properly define crypto currencies. rather than making value statements on someone based on their age how about we keep the critiques to the policies being made and actions of the senators.
two quick things: i’m 75 and into crypto big time and 2, all those old white guys r surrounded by young and middle aged legislative aides who do all the research and writing for them. all they’re good for is campaigning and raising $$$.
this comment may be taken down but it has to be said. ' now you know how women feel when old dudes try to pass legislation regarding our reproductive organs.
hey im over 65 lol
how about the young people who works for them? the ones who are actually doing all the research and paper work for the senators to sign?
these assholes are probably still struggling with the concept of email. i bet they have aides write their emails as they dictate b, see the screen or navigate even a simple ui
i think they know exactly what they are doing, and who they think they are trying to protect
they do not have to know anything about crypto...they know about banks, and all the lobbyists those banks bring to the table. if the banks say crypto is bad, they will gladly fall in line.
i'm not worried. this is normal resistance to change. crypto is too fast and fluid. the people behind crypto are brilliant.
they know it’s a threat to the old ways.
i worked with mostly guys over 65 at my last job and they were all about crypto. often pushing their shit coins on me. get these senators some 10 baggers and they will be all for it!
lmao, their life is literally the equivalent of “if i’m gonna die, then i’m taking y’all with me!!”
they have not a clue, probably can barely work a smartphone
hopefully this inspires more people to take voting seriously and invest time into researching candidates. from president to the local mayor, who might run for president someday.
they very well know what is crypto and they are doing it on purpose to protect the fraudulent modern slavery system.
its sad we send representatives to address our concerns but mostly they do the opposite.
its instructions from the freemasons. they dont have any say so.
absolutely not. that's why you must call them and no matter how you feel about him tell them you support ted cruises crypto amendment.
i will never understand how our country is run by people who would not live long enough to see the negative impacts of their actions
this is why need term limits for politicians. the less time they are in office the less corruption and the more transparency there is. this will force them to do more for the people if they truly wish to stay!
can anyone fill me up on what they did? so far i gathered that they were trying to tax the crypto gains and people are pissed because a) they are trying to tax and they do not like tax, b) kyc breaks anonymity and adds a lot of friction in crypto transactions and c) their implementation is fucked and favours climate unfriendly methods of mining.
the older person is the harder they are to change, even if a change to the better
they don’t, but their wealth managers do.
meh there are plenty of old folks in crypto, in fact i know a few personally. now what the real problem is, is that they are corrupt and controlled by the people who are threatened that the hoardes of gold and fiat they have been extorting from people might not make them superhuman after all
old people nowdays are way over their head, like my father and father in law. man but this shit scares me cause we might end up the same for the future generation. i have a sister 15 years younger than me (i'm 30) and the gap of age, knowledge and understanding of the future it makes me question my own opinions.
sounds to me like somebody bought these senators off.
if these senators died, their body will be confiscated by the government to be turned into fossil fuel
i think they are seeing corrupt instead of crypto. get them some glasses
why is it that congressmen and senators are all has been decrepit old farts? they should be forced to retire on a minimum government pension, live by their own policies and butt out trying to run shit. they’ve lived their lives, pass the torch and let the new gen choose their own path.
they’ll regret it … nvm won’t live long enough to regret
i would imagine there are also plenty of people under 65 who do not know anything about crypto
why are you an ageist gatekeeper though? if my grandma wants to learn about crypto, she can.
go on the street and ask 20 and 30 year olds. how many do you think can explain what a satoshi or a blockchain is? most of your senators and my representatives know almost nothing about the more complicated technologies. bill gates is is 65, i think he could explain blockchain and satoshi. you’re just angry on the senators. representatives are either corrupt or incompetent, because politics is about power.
old white people deciding on subjects they do not understand. another day in politics.
why they are against crypto friendly legislation is not about them not understanding crypto. it's about them being in the pockets of big banks and other entities that are threatened by crypto.
as a baby boomer (age 63) that is heavily involved with monero, i have to take real issue with this form of ageism. when considering the on chain scaling, of monero and bitcoin, many of the assumptions of gen z and millennialls that have not themselves experienced, technological change over the last 60 years can get really tiresome real fast. this can becomes a real issue when they try to cripple the future of crypto currency. bitcoin, with its fixed blcoksize based upon technology over a decade old is a prime example. for starters monero scales, on chain, way better today, than bankamericard (the precursor to visa) did in 1959 when, i was two years old. maybe we need to consider the perspective of people who have for example: 1) programmed a computer using punch cards. 2) used a paper tape reader 3) used a teletype 4) sent a telegram 5) received an error message for exceeding the total memory capacity of a main frame computer because they wrote a program that required 2 mb of ram. 6) used a computer with a total memory capacity of under 4 kb 7) introduced members of the silent generation to cryptocurrency. ... and yes stored their monero and bitcoin private keys on 5 1. by the way punched cards or paper tape should not be used to store private keys. the reason they can be read with the naked eye by person with the right expertise.
hey! unfair! i'm 69 and i know a little about 'crypto'. i remember reading hearing about phil zimmerman being hounded by the church of scientology in the 1990s. i read phillip zimmerman's \_\_pgp: source code and internals\_\_ as well as some of the tomes published by bruce schneier. so not everyone over 65 is so easily mislead by those wonderful, and deliberative memb, er media as you think! damnit! martha honey, do you know where i forgot my teeth this time? ' ^(ps - i also busted two people for security issues while working. peeps were more security ignorant then though.)
old rich people are the reason, marijuana isn’t legal even though alcohol kills 90,000% more annually and they convinced americans that free healthcare would not be worth it. they literally live for money.
walking with the dinosaurs...
so technically we can wait them out?
hi guys i'm releasing senatorcoin, simply send me .
no, everyone knows you cannot learn anything after 40. you simply become a drooling vegetable. the internet has taught me so many things. its a shame that i will soon not be able to remember them.
no i do not think so
there's a great wapo article about the increasingly aged senate. [ they point out that in 2003 strom thurmond retired at 100 years old after 48 years in the senate (and then died a few months later). that's just insane. that's 2 full generations with no chance to speak on behalf of their generation while this guy sits in his chair making rules for everyone from his deathbed. no one over retirement age should be serving and there should definitely be term limits. i think 16 years would be plenty. strom would have completely filled three of these 16 year maximum terms.
'politician' should not be a career. term limits, then gtfo. nobody should spend more than 12 years in either house of congress. can i get an 'amen'?
arnt 5 out of 6 senators over 65?
it’s not about their age. it’s about the funds behind their decisions.
i do not even think half the people on this sub know anything about crypto.
even if they do, i can guarantee you they know more about using taxpayer dollars for personal gain.
how many senators that are for crypto are also over 65?
nope it is pretty clear these senators have aged out of competence where new technology is concerned. not to mention being in the banker's pocket. don't worry, everyone views this as an asinine political debacle. it will be addressed. crypto is unstoppable. it's the future. what would have happened had the amendment gone through in an intelligent way? possibly a crypto explosion of investing. it is possible that the powerful institutional money that owns these senile senate mouthpieces just wants to keep the market at lower levels so they have the option of buying in more cheaply. bottom line, there is much more money in supporting crypto than in resisting the inevitable. so government compliance and non-obstruction is inevitable. it's just a matter of time.
they know what their backers pay them to know.
almost as painful as watching the supreme court cases where zuckerberg and pichai had to explain how the internet and smartphones work
to be honest, i'd be surprised if 1% of the senate understands what's important to most working class people. they're in an ivory tower, out of touch. it's not even close to a government of the people, by the people, and for the people. that's all complete bullshit.
its time to change the senators guys
no, but they are not the ones who call the shots or write the actual bills, so kind of irrelevant. lobbyists for big finance put that provision in the bill, and big finance tells the senators which way to vote. and big finance is certainly not ignorant of crypto. they are just evil.
knowledge about any topic comes in the form of campaign contributions. ted cruz and others understand this.
some do it’s the ones that are always asking their grandkids to fix their electronics and connect them to the interweb that we are having issues with.
they likely are heavily invested in the market and just want to retire soon and see this is a risk to the cushy life they setup for themselves. regardless of merit or lack there of.
i'd imagine they know enough. i know they are not stupid, but at the same time... kinda the same way i feel about china. i know they are not stupid either. we are smart. unfortunately, that does not come without fault.
they have pockets that they want stuffed
they know enough to understand that they need to get paid big to lobby for or against it.
i do not think i understand crypto myself. i say looks like price will go down, chart says fuck you.
“we have to protect our citizens from this pyramid scheme!”
can we have a younger president next time? joe biden? donald trump?
they don’t know shit about fuck when it comes to most things they get to decide for us. what made you think crypto would be special?
they know jack shit.
i doubt it. remember when they had zuckerberg answering questions?
its always the same shit. not only in crypto. those old farts. it will not change until we dont change it but as you all now we are a bunch of lazy shits
they know about power though and that is what this is about.
this last few years have opened my eyes to the reality that our governments genuinely hate us so this is no surprise to me ' if only we all came together to be against them rather than being so divided ' (hint thats what they want)
they know they can’t control or manipulate it. that’s all they need to know.
why do we let old bumns tell us what to do about a future they have absolutely no stake in? blows my mind every single time.
there’s no lobbying firm paying them to support crypto, so they won’t support it. simple as that. us senators are a ~~corrupt bunch~~ lobbyism-friendly group.
teddy boi sayz get wrekt ole yellen.
honestly this is such a worrying factor when it comes to all of politics, not just crypto. that being said, i know a few 60+ year olds who probably know a great deal more about crypto than these senators.
they were paid by bank industry.
the us is the only country where the people are legitimately concerned about their president's mental deterioration due to old age. biden is showing signs of decline, just as trump was. the average of congress is like 60. so it is no surprise they are uninformed or just downright scared of technology.
now this is a general problem with us politics, a lot of us want to flush out congress of all the old blood and senior career politicians, but when it comes to issues like crypto it really tends to make my blood boil. these are people that are supposed to be trusted to educate themselves enough to make a mindful and concise decision, and yet not a damned one ever seems to know what they’re talking about in the tech sector. they can’t be bothered to do their job, no doubt lobbied hard not to do so as well.
how old is the other senator against crypto?
crypto talk from the crypt-keepers.
more lake tales from the crypto, with these walking skeletons
vote in younger people. 🤷‍♂️
didnt know you had to be younger than 65 to understand the concept of crypto...
they do not care about future generations except for their own evil spawn.
i doubt they can write an email.
they’re old and set with money.
i worked at a bingo place once. the amount of old people who are assholes that do not even understand bingo is too many. i doubt the old ass senators know anything about technology past a pager.
although political suicide, we need a lot of regulations regarding old people. cognitively speaking, they shouldn’t be governing countries, wealth, cars, motorboats their frontal lobes have deteriorated significantly, rigid thinking and close-mindedness paired with impulsiveness is the consequence. so, which one of you is going into politics and breaking the news to them?
by that argument, are not most of the senators in favor of crypto also questionable because of their age? seems like you're just cherry-picking so you can justify rabid speculation with tons of environmental externalities to boot.
this is like saying "that politician is young they must not know shit". garbage take.
as someone else quite eloquently expressed in [another post]( we really need to stop this ageism nonsense in this sub. politicians being against crypto (or anything else progressive, really) has almost nothing to do with their age. it has everything to do with their loyalty to their sponsors and constituents, and, very often, blunt corruption.
that is basically exactly what ted cruz said. they will ruin this for everyone out of nothing but their own ignorance. but i guess y'all are finally seeing how government works, crypto is not the only thing they know nothing about. most of them have never owned a small business, never done law enforcement, never worked as a ceo. we are regulated by people ignorant to the everyday lives of most people.
and my guess is 5 out of 6 redditors on r, the difference between assisted living and skilled nursing, or name 50% of the adls. people either know about crytpo or they do not. their age is not the issue; their ignorance is.
your president is basically 80 years old, is this really much different? xd
yes we all see it and how can we tell the dinosaurs who will be extint shortly to go enjoy the end of their lives and leave the futures future on our hands. who the fuck voted for an 80 year old man for president anyways. ( not that this is all him) but time for a 40-50yr old who grew up with technology and internet to get in control
they do understand, just corrupt
it's a widely known fact that extremes of any spectrum attract idiots and crazy people. and what do you know, all relevant parties in the us are extreme ends of the spectrum.
lets judge people by age
geriatrics should not be in charge. at their age they will all have some degree of dementia at least.
no but they know plenty about being bribed
they most definitely do not know what crypto is. but the money behind them (corporations, banks, etc.) definitely know about it and they very much do not like what crypto could represent, that is why they are stomping it at the roots. even if the u.s is only one of many countries and crypto can still prosper in other parts of the world, the u.s probably holds a huge chunk of retail investors and early users of the technology.
why are you surprised. welcome to the world kid.
cross-chain protocol poly network has been hacked for . the hacker has said to be identified, but could this stir up some fud in the cryptospace? i mean it’s over half a bil and can be used to clickbait with phrases like “bitcoin hacked” etc. what do you guys think?
whilst i see what you are saying, this is inherently biased and flawed. age being used as a marker for what people understand is short sighted. this sort of statement inherently promotes foundless thiscrimination based on someone's age.
they do not know about shit. they lived in a completely different time period and continue to make laws not in the best interest of the majority, who are half their age. people will cry ageism, but let us be real. but it is also not just age, really. the biggest divider is class plus the age difference. different life experiences, different privileges over the masses, no connection to the experiences of the masses, money corruption ... not a good foundation for ruling with the people's best interest at heart. really, i'm just ranting about the incompetence of politicians as a whole, at this point ... long story short, politicians bad and crypto is greatly influenced by them.
it might just also be that the rich and powerful people do not want to give away power.
crypto allows the complete bypass of us sanctions, and decreases the worlds dependence on the u.s. dollar. a better way to state this is “us senators are against decreasing their own power” wow huge shocker right there…
senators have plenty of aids and a budget for stuff like research. there’s no excuse for mindlessly legislating to death something they don’t understand.
no but they know how to cash the checks from the banks paying them. the entire system is corrupt, democrats , republicans, all of them are bought and paid for.
they know the bank lobbies lining their pockets hate crypto and that is all they need to know.
i really think 80+% of people do not even understand what a modem does, let alone how the internet functions. let alone block chain tech. just look at the zuckerberg interview. they were grilling him on stuff like "how exactly does facebook make money?".
you're missing the point. it's not about whether the senators understand crypto or not. it's about which lobbyists they are beholden to. that's all that matters in us politics. there could be us senators that personally own and support crypto but if goldman sachs is offering them 500k to speak at a conference next month then you better believe they are voting against it. senators dont have values they have lobbyists.
of course not. the puppets do what the masters tell them as long as they keep depositing checks into their accounts. simple. follow the money and you'll find out who is really calling the shots.
they do not know anything about crypto except that it generates money. they do not want us to have money. ergo, they do not want us to have crypto.
pretty much everyone in government and politics is older than dirt and has no fucking idea what’s going on anymore. i don’t even understand how half of them are even qualified to represent the general population.
the best way to look at congress and senate is in the same way you look at reddit. you're not gonna go to a pc subreddit and convince them the mac is the best, anymore than you can go to an apple subreddit and convince them android is the answer. no different than going to an atheist subreddit and converting them to christians. they live in a bubble. an echo chamber that reinforces their beliefs every day that their alive. we're a mouse fart in the wind, far as they are concerned. the only thing we can hope for is enough of them with the same draconian beliefs eventually retire or move on so we can have more forward thinkers in power. then, and only then, will we see change.
yeah nah they don’t.
drives me wild that boomers can continually destroy any hope we have for the future — a future in which they will be long forgotten about before it is upon us. fossils deciding the fate of a changing world has been repeatedly proven as an abject failure (i.e. climate change, late-stage capitalism). viva la revolution!
no senator should be over the age of 50. there is always a thisconnect with these old white bigots living in the past not in tune with modern times
the entitlement to be blissfully unaware and still make powerful decisions has gone too far
how about forced retirement at 65?
welcome to the club of being pissed at politicians.
the hill i die on is politicians should have an age maximum how we senators in their late 60s to 80s is insane to me. its no wonder they cant keep up with logical legislation concerning tech
crypto = freedom from govt surveillance and currency. that is enough for any authoritarian to oppose crypto.
crypto is a series of mineshafts
crypto does not grow on trees
they're far from stupid. they know what crypto is, they are just selling you out for various reasons. i'm not sure how else to explain it. politicians are not your friend, you're their resource
if it is not about a sexual relationship with a minor or bags of laundered fiat their ears do not perk up.
time for the first crypto superpac? whew.
no but they know what a payday looks like
ossified pasty white assholes running this thing is just as competent as a group of chimpanzees doing it. anybody remember ted stevens, **who ran the goddamned committee on internet oversight**, and his ignorant rant against net neutrality? > ten movies streaming across that, that internet, and what happens to your own personal internet? i just the other day got... an internet was sent by my staff at 10 of the clock in the morning on friday. i got it yesterday tuesday. **why?** because it got tangled up with all these things going on the internet commercially. > they want to deliver vast amounts of information over the internet. and again, the internet is not something that you just dump something on. it's not a big truck. it's a series of tubes. and if you do not understand, those tubes can be filled and if they are filled, when you put your message in, it gets in line and it is going to be delayed by anyone that puts into that tube enormous amounts of material, enormous amounts of material.
they have absolutely no idea and i don’t think any of them care they just can’t accept change
contact your senators or representative perhaps and express your thoughts to them? i do not know
anyone know what percentage of us senators are over 65? i’m curious to know.
do you think the benefits of cryptocurrency will come before they are out of office or die?
if they are that old i would think they associate crypto with nsa and dod cryptography aka the military. just like the military was the first to use the arpanet via the dod who launched the system and later it became the backbone of the early internet. :p cycles and circles. maybe they just do not understand why people would want to use "crypto" for their own financial freedom and are "out of touch" because most are lifers in public service (or thisservice) by that age.
yeah but yes cruz... maybe we should all just realize crypto does need to be regulated somewhat, but not by morons. maybe it should be up to the states, who's governments are less bought and paid for
they’re afraid of the crypt
to busy changing there depends
no i do not think they know about crypto
they do understand…... have you donated to his party or campaign? has anyone sat down with his staffers? yes? they are from goldman and citigroup? then how do you think he voted?
all i care about is being able to get a 80 series nvidia for fucking msrp when i want it. i'm all for crypto but fuck crypto.
i don’t know anything about crypto.
ee bought? damp eet.
they dont retire, because they have an easy job which gives some so much (tax payers) money they can sit and talk shit about things they dont understand.
imagine they had to transfer their crypto to a digital wallet. and didn’t know copy to clipboard function. manually type the wallet out, make 1 mistake. bammmm all momey gone
often the case with government. men nearing retirement age making decisions that won’t affect them but will affect future generations. they know it’s bad for their banking friends and they want to keep them sweet. probably protecting their retirement.
i know nothing john snow
i don’t think many senators know a damn thing about what real life is like for anybody. i’m certain they don’t know or care to know about crypto.
considering how the questioning of zuckerberg went, i'd love to hear congress thiscuss crypto.
how many of them are **brazilians?**
i don’t even think they remember what they had for breakfast.
you think they care about what a blockchain is? all they care about is that they are able to tax it.
they do not know shit about fuck
anything that lessens the value of their fiat money is a threat to them. they know full well the direction the future of currency is headed, and know they won’t be around to see it. they are trying to save what they can before that time comes.
it’s not even just their age but the fact they just get paid by the banks
reminds me of that senator that described the internet by calling it a series of tubes.
they only know what the bank cartels want them to know.
they know as much as my parents.
how many people here think us senators work alone? these people have aides, and their aides have aides. they're also influenced by other party members and lobbyists. that's not to say there are not idiots who are senators.
we really need term limits for politicians. it’s not just crypto they don’t understand. anything newer than a toaster, and half of them can’t fathom how to use it.
they do not know their ass from a hole in the ground
brah they do not even know what internet is.
i don’t think anyone here knows what they are talking about either.
these old fucks probably dnt even use smart phones.
these old punks jut believe in paper
old punks jut believe in papers
they need age or term limits on those positions
no. but do not think their ignorance starts and ends with crypto.
i think crypto would put them at a thisadvantage
we should have a an age cap on these expired leeches
it’s ok they’ll be dead soon
those dinosaurs would not even be around in the next ten years .
>i would love to ask any of them what a blockchain is or what a satoshi is. micromanagement is just as bad in government as it is in business. you should not need to understand this level of detail in order to write laws, because laws are supposed to be as timeless as possible. human rights and freedoms do not change just because technology does. the fact that this level of detail matters points to a failure of legislation.
i would say, being 65 should earn some respect in regards to knowledge. yes i do think the elders know a thing or 2. a dialog is needed between the young and the old. young people who think old people do not know anything is an admission to your actual ignorance.
don't judge the elderly. years ago car manuals said how to check oil. now they say do not drink the contents of the battery. i think that says enough.
why couldn’t someone over 65 understand crypto? computers have been mainstream for 60 years. the internet, for almost 30.
this post is teeming with arrogance, and it is thisgusting. ask the average person what a blockchain is. you can bet 99.9% of everyone you ask will have no idea what it is, let alone how it works. you know what they say about fear. despite the *very few* loud voices standing for crypto, the reality is it is got a long way to to go prove itself as a medium of currency that is accepted. this is happening, but it is still going to take time. this barrage of "people just do not get it" needs to stop. **if you want people to understand, stop calling them out to retire or their lack of knowledge and teach them what they need to know.** change your damn attitude. if you do not, you're only making your own fight harder than it needs to be.
you’d be extremely surprised to learn that the answer is actually no. they don’t know anything besides it was used for the silk road lol
age isn’t the problem, i know a 64 year old who knows a fair amount on crypto
they dont care. their pockets are being filled regardless.
i got temp banned on twitter for cursing at sen shelby lol. i hate it when old people be like 'muh technology'
5 out of every 6 senators are over 65 years old. what's your point? lmao
these same senators struggle to understand the internet and the companies they are meant to regulate. here is a highlight:
they probably do not, however some. there obviously will be older people out there who get crypto and have a lot of experience in relevent industry that could continue to add a lot to this space. if we do continue to perpetuate the narrative that this is a young man's playground (a lot of the rhetoric here is pretty guy oriented too and thiscounts female involvement in the space) then we are harming the goal of mass adoption if that is indeed the goal for people. you want your grandma and soon-to-retire aunt to get into crypto and use its services if you want your favourite project to *really* moon
the ageism in this sub is transparent
quick answer to headline question: no.
totally agree most people at this age won’t know what a block is in a blockchain or why it was created.
that should be encouraging. it means these people will be dead soon. and then it will be our turn. in the interm, time to load up and chill.
one day we'll all be over 65.
you bet on jimmy durante's knickerbockers they know what crypto-coins are! you young whippersnappers never experienced the tulip craze back in the day!
i’ve written crypto implementations, including at one of the largest tech companies, and am against it. it’s a solution in search of a problem and nearly all of its current uses are just stupid
why do you americans permit this to happen over and over again? it's not like it is a new thing. vote a younger leadership into power and you might see a change
it's kinda offensive of you to thismiss someone's ability to adapt to anything new because of old age. maybe these senators in particular are not that "progressive" but making it about their age does not contribute anything of relevance to the thiscussion.
could someone explain to me the clear pros and cons of a cryptocurrency like bitcoin being more broadly implemented? to me, a complete outsider, it seems like the people who invested heavily in to any particular cryptocurrency has a massive financial advantage to any new-commers and it feels like trading one system of financial inequality for another one. i supplement such thoughts with the cryptocurrency give-away posts i see from time to time. it's like they are trying to pull people in to their own cryptocurrency pyramid scheme, but again i base this with my little understanding of the subject.
65 is not as old as you think it is, child, and they probably have a lot more experience with regulating financial markets than your average 20 year old.
age is not the issue. greed and selfishness is. don't mistake the two
over 65? is that old? how old is your fucking president, who makes the bigger decisions? good i do not live in northern america! or usa.
i understand what your intended meaning was but this was a very ageist statement.
"crypto is a speculative market with no backing" sums up pretty much every boomers' thoughts about crypto
crypto is not something only young people understands. using their age as an argument is not a good idea.
4 out of 5 dentists recommend sugarless gum
they can’t even operate their phones. much less understand blockchain.
in old people's defense, i do not truly understand what those things are, and can only sort of comprehend it. but i know a good thing when i see it, and can appreciate what little understanding of the technology that i do have.
you do not have to be young to understand crypto but i get your point.
i don’t think they know anything about anything.
ted cruz is for crypto
it's definitely should to be regulated somewhat, but not by morons.
there should be a retirement age for politicians. or at least term limits. if you start saying "ageism" stfu.
you do not know what blockchain is either. neither do 99.9% of bitcoin owners.
maybe they do not like the absurd carbon footprint.
if some regulation related to crypto will "literally ruin" your life you might have some other problems as well no?
these people are dinosaurs and they hardly understand self-driving cars. i’d be absolutely shocked if they had a decent understanding of crypto. even then all that juicy bank lobbying will prevent them from doing the right thing.
democrats are fascist anti crypto.
they shouldn’t be regulating this industry until every one of them can explain the steps of taking , or how to provide liquidity on uniswap. once they take their time to understand the technology they’ll love it; or we’ll know who to vote out.
old people have no place in politics or positions of power.
merely knowing definition of blockchain or defi or satoshi does make some one all wise. the fact is that crypto has already ruined life of so many. crypto has given rise to an entire crop of global hustlers cum fraudsters who get away with people's hard earned money. crypto really needs to mature before it can be adopted as a way of life. i am 59 and i am a blockchain developer and i say what is stated above with a clear conscience.
do they even now what electricity is?
newsflash, politicians vote on subjects they do not personally understand every day. that's why they have huge staffs of people who do the actual reading of bills for them. you cannot honestly expect expertise on everything from nuclear proliferation, farm subsidies, corporate tax policy and just plain understanding the demands of the people in their own thistrict. it can take multiple lifetimes to have truly informed opinions on just how to get reelected, that is why so many politicians are old as dirt.
so people over 65 years old should not own any crypto?
i do not think age has anything to do with it
yo senator is so old when he dies he become fossil fuel
old people trying to stay in power. just what humans do… fight them. they feel the power of cryptocurrency
their very attractive 20 something gave them a very informative power point presentation why they will lose money from goldman sachs if they support crypto
they don’t know shit about fuck when it comes to crypto.
age should not be the point of focus.
i think you need to stop listing to ted cruz cause im pretty sure most of those lawmakers know what crypto currency is.
ageism? i know a couple smart 65+ year olds. don’t get me wrong comfort and lack of knowledge in positions of power is not excused but age alone should not imply lack of knowledge. and there sure is a lot in the world to know about. pretty weak post.
they do not understand crypto, because it cannot be purchased from their flip phones
nah they are clueless
they cant even use safari
do you think a senator needs to know how bridge construction works to vote on an infrastructure bill too?
are they all republicans? or the 2 fake dems senema and manchin
of course not. there really should be either term or age limits
if people over 65 did not vote, bernie would have won (both primaries and both elections he was in) in the us, and brexit would have never passed in britain. and now apparently they are holding back crypto as well.
why are these senile fools allowed such positions of power? nobody over 60 should be allowed to serve in a critical office. at least not if their mental capacity can affect lives.
i will answer using one word and one word only. no
wahhh our ransom coins that are mined by burning coal are unpopular!! old people just don’t get it bcuz they’re old!!!!
they probably don’t know anything about the internet either.
i know 50 year olds who need help sending emails.
are you guys fucking retarted crypto is the most unregulated market. so mans scamcoins you can’t even count and they fucking get away with it
they just follow their funders' (masters) instructions, never by their knowledge
biden is 78, and like op said, 5 out of 6 senators are over 65. guess the average age of an american…it’s 38ish. see the problem?
nope. old boomers who are absolutely bought out by the crooked banks they bailed out in 2008. it’s a dog-chasing-it’s-tail scenario. worst part, these people literally banked off the climate change conflict for ages and are gonna be well dead before it effects them. these people are terrorists. they’re jeapordizing our future for a few bucks. i hate them. i hate them. i hate them.
seems like a bid to keep the middle class down and the upper class rich. can’t have commoners making money. fight us the entire way with things like the fca restrictions, bills and amendments. then when you manage to make a killing they expect to take a cut. absolute wet wipes.
yup i hate old people too
it's not about knowledge. these old bastards are greedy and they are sellouts. sick of these old folks screwing everything up for the younger generation.
everyone who voted for the 'infrastructure' bill is functionally against crypto. not just 6 senators.
it’s scary to think that the people dictating the future haven’t got a clue on what they’re voting for. that’s the trouble with back door lobbying - one of the biggest issues in western politics, especially america.
this is why i think when voting on any subject matter, as a politician, doing things that affects millions, they should have to sit through at least 4 hours of information regarding said subject so that they can make informed decisions. you know, instead of just doing whatever
"a block chain? like the blocks are chained together?" -boomer senators probably
they are scared of crypt’s and crypto
they have pretty competent staffs. not universally, but senior staff roles in senate offices are sought after jobs.
of course they do. they know it threatens the phony wealth they have built off of a worthless fiat dollar system. that's all they need to know to be against it.
there's more to governance and public order than blockchain. i support blockchain and smart contracts %100 - i cannot however fathom to admonish a senator for being old and 'not getting' the logistic behind blockchain. maybe y'all should go and explain why they are too old not to get you and crypto then. i bet that'll help!!!!!
i don’t get it. what does crypto have to do with any government anyway?
they know it warms the globe
then let’s make a law to remove all old farts from power
the age is not really the problem though, it is just a coincidence. what is not a coincidence is the money trail, just follow it and see.
it doesn’t matter. no way a validation or miner will ever be taxed the way it says. way too much money to be lost by us. this will be in review over next 2 years. the exposure and education this created both inside govt and to the wider world way more valuable tyan legislation that will never see light of day. these people who passed it are retiring or dying. and everyone knows it.
honestly, they probably know more about crypto than most of you do about civics.
the federal reserve, a private bank, created the crypto language in the bill. no politician had anything to do with drafting it. they're not out to regulate crypto. they're out to destroy it. kyc is merely the first step to making it illegal.
this post is thiscriminatory, defamatory, and does not follow the subreddit is core principle of civility. their age is irrelevant to the issue. there are plenty of equally ill-informed people who are much younger and there are also very well-informed people who are older. be pissed off about their policies, but leave thiscrimination based on their age out of it.
your question reeks of blatant age thiscrimination but ok
lol i can promise you that you and basically everyone else involved in this crypto currency scheme have even less knowledge about crypto than these senators. i still have not received a proper explanation as to exactly what is bitcoin or any of the other 99% of cryptocurrencies that are fad bs targeted at making money for the small groups of people that were in there from the start, stealing money from the retards buying into the hype. if we're going to start judging crypto by the people interested in it, then why dont we take into account the fact that mike lee and ted cruz, two of the biggest crooked failures in the senate, are for crypto?
never trust anyone over 30. edit: no simpsons fans here i guess?
how long have you been learning things? old people know way more than you do.
obviously they know nothing about it, but it is up to the people to get the word out and have them voted out.
age is not the deciding factor on whether you know about crypto currency or not, i'm in my 20's and do not know anything about it.
in this case, yes. crypto is fucking stupid. literally a captain planet pollution making scheme. anyone who knows how it’s mined or where the actual crypto originated from knows. maybe you’re the one that needs to be educated. edit: as someone pointed out i was just thinking of bitcoins and didnt take others in consideration. crypto is cool as long as its environmentally friendly. and now im realizing these senators obviously have alternative (capitalistic) motives than saving the environment lol that was stupid of me to even entertain the thought. i fully own up to not knowing what i was talking about
doesn’t crypto take a lot of electricity and power? also isn’t crypto a big reason why i can’t get a graphics card?
i’m against crypto bc no gpu make me sed
boomers are the most selfish generation ever, they do not want a financial revolution...
conservatives wouldn't know or will just have a little knowledge as far as i'm concern.
this is actually hilarious, because they know as much as you, plus life experience ontop. posting this was a idiot sign, pointing at you.
i'm in my mid 30s and i'm for significant crypto regulation. but not against it existing and not stuff that is literally impossible. just the the weirdo libertarian oliver twist gang here is messed up, and it definitely needs to be taxed efficiently like anything else. i just want it as a non inflating gold to invest in, which is what it is actually good at. screw the money laundering rambo guy in the woods "gubment aint takin muh racoon hats, guns, or crypto!" stuff
crypto invented a problem to solve that didn’t exist unless you live in a country with extremely poor fiscal policy. the only thing its good for is speculation and criminal enterprise. that’s why. it’s too volatile for anyone to spend it on anything meaningful. why waste your “investment”? the little crypto i have is purely for unloading on someone else after i get spooked. i never actually ‘spend’ a dime of it. useless as a currency.
i feel like cryptocurrency is a cash grab that is contributing to the ill health of the world while it lasts right now. i think the best thing a coin could do right now is just say "hey, [the planet's fucking on fire...]( maybe we could stop contributing to the overall heat death of the planet and just stop things right now." that kind of action would put me onboard to getting in line for opening day for that coin.
that’s a bit ageist, let’s not paint the crypto community in this light. we’re better than that
these are the same people who think climate change is not real. the same people who were raised in a single provider home.
fucking boomers... i fing hate em
the majority of people under 65 do not know anything about crypto either. hell i'd say half the people on this sub including myself do not understand shit about crypto either.
isn’t mark cuban in his 60s and he knows a ton about crypto
they probably know everything about hedge funds and got in on that back in the day. little hypocritical if you ask me.
is the last one 65?
i saw a report yesterday that said only either 5 or 10 even knew what cryptocurrency is 🤔
most of them think crypto is a ponzi scheme
we need to get the dinos out and get some people who know about anything going on in society these days.
i don’t even understand why they allow fossils to run the country, let some fresh meat take over your positions and enjoy the rest of your life
they may have watched tales from the crypt before, that’s about it
i wonder if they even know how to use apps on their phones without help
how old would hal finney have been now?
they do not even know how old they are.
they must be the same dinosaurs that negate climate change. it's not just our future economy, they want to take everything with them smh
mailing shit to them is still an option, right?
nope, just puppets doing what their master tells them to
drain the swamp they are 70 to 80 years of age and have no clue about anything it’s a joke
why would age mean they know nothing about crypto? being senators means they likely know nothing about crypto, because why would they? being young does not mean its any more likely to know about crypto. being exposed to crypto on social media and fomoing into it, is not the same as understanding crypto. but sn, whoever he was, very likely had multiple degrees in very different areas, suggesting he was not exactly young when he made it. not a low probability that he, if he is still alive is in his 50s or 60s now. or maybe even older. less ageism would be a good thing.
the only answer is no
no dude they do not we all agree. now take your moon farm and go to the moon
boomers need to learn crypto or else abstain on voting about it.
no they do not but despite there petty laws and deliberations, they can never stop the inevitable crypto revolution.
they're just scared because fossils are usually burned to make energy for crypto miners lol
they know how to get juicy hush money from banks.
to assume knowledge based on age is just ignorant. i assume they do not know shit because they are politicians.
no. do you think *you* (or the average user of this subreddit) know anything about politics or economics? rhetorical question obviously.
nada ie not a damn thing about crypto 😑
they just envy to not being able to see our future with crypto because of that they have decided to deprive it from us(trying to deprive, not even close).and they completely forgot, that other nations are gradually adopting it, meaning that crypto is inevitable, the future is coming.
i do not think so. and i think they are too ignorant to jest try to understand crypto
well unfortunately,the only people who even bother voting anymore are boomers
crypto should be out of the reach of federal government that was the whole point in the beginning... could we circumnavigate the feds greasy hands by not using exchanges and only doing oeer to peer transactions?
they have nothing to do with crypto
calling out our american friends, the change starts with you, wether we like it or not the world mostly follows what the us does, do not let them ruin years of time and investments and innovations, spread the word.
while i fully agree with you and i will admit i am quite ageist myself, the focus should ultimately be on corruption rather than age. it's true that the old fuckers are often the more corrupt ones (stagnation breeds corruption), but still, corruption is the root of the problem.
could we not like, make an official cryptocurrency government blockchain?? we could programme it so anybody that chooses to participate gets one token sent to their wallet. they can then use this token to vote in elections or to vote for policies they want the 'government' to enact. we send out a new token every time there is a vote to be had, and people send their token to certain wallets to indicate their vote. this way we could elect actual representatives to speak for our community. atm it is the us government vs a bunch of ceos and anons. we're incoherent as a space. we do not have one voice speaking for us (and maybe we should not).
no but i bet they know a lot about goldman sach’s money
not a fan of ted cruz but he essentially said this on the floor yesterday. one of the aides sitting against the wall behind him started laughing his ass off.
of course they know nothing about crypto. they just protect the fiat and banks that handsomely pays them.
politicians are always old, they are always the status quo, as clichè as it sounds. legislation is slow and always lags behind at least 10 years, that is why the best legislation is the one that is not even created.
nope. they did not even take the time to dyor. vote them out!
it is so depressing:/
i am asking myself how much this could really hurt the industry. i mean the purpose of crypto is that it is not controlled by a government so it might be hard for them to control it in the long-run…
that's good. i like opposition. it keeps prices down. moar time to gather fiat and buy.
how dare you threaten their boomerchain: insane inflationary-dump economics, one node operation and hidden tx.
i don’t know shit about fuck
5 out of 6 people at my birthday party were in their 40s. what were their middle names?
now you must understand how women feel about old creeps telling 'em how to do things they do not know shit about! a real shame we still let old fucks manage everything instead of (literaly) the future generation of the planet thx for coming to my tedtalk
50 senators are over the age of 65. seems too high to me…
who da person < 65 yo against crypto? gotta task him! forget the other oldies.
why are butters such thiscriminatory fucks?
the sad truth is even if they understood what crypto was they would not care about voting different unless the ones giving them the payola wanted hem to vote differently!
dont forget the capital gains tax after protesting the new legislation.
that bill is over 1000 pages long, and i'm quite sure not even one of them has even bothered to read it.
protecting their financial backers.
do they know anything about anything? i'm 30 and i already do not understand half the shit that 18 year olds care about. why is not there a maximum age in politics?
"it's tulip bulbs, you young whippersnappers!"
they don’t know anything about crypto but they know a lot about protecting their own assets and not letting yours get in the way of them
crypto will be all right.
maybe they thought they were hitting the life-alert button to call for help when voting
the people making these descisions don’t have the knowledge for this kind of things and feel to important to listen to “the nerds”. this happens everywhere, in all layers of society.
young people have a long history of not voting. so, for a change, how about you get the fuck out there and vote as if your financial future depends on it!! i have been trying to hammer this goddamn point home for a goddamn decade!!
the only thing they need to know is that it goes against who is giving them their $$$$$. doesn't matter if they are completely ignorant on the subject or an expert at it. if they are being paid off by the lobbyist's then that is who they are going to protect.
thankfully by the time i plan on cashing out of my positions, if ever, these “politicians” will be dead or too old to make decisions
my mother is 70 and i have no doubt she would be in the top 5% of this sub with . she did not invest that blindly either. ' but yeah, none of those senators care for crypto otherwise they wouldn't be trying to stifle it. all of them are central.
most of them that voted against it, made their money the old fashioned backhanding, scratch my back, i’ll scratch yours way of scheming. crypto really funks their mind up, too much to take in. i assume therefore, every country was watching and taking in their own notes on what to do also. it was the usa (not singling out, it’s fact) who was dead set against the world from taxing their home grown, online businesses with ‘digital tax’. they even threatened retaliation against countries that tried it.(those countries didn’t give a toss & a compromise was made). and here they are swinging their own axe 🪓. hypercritical at the very least
perhaps they do not but surely their donor do 🤔
do you know anything about cypto?
they know they feel threatened by it
no, wed be lucky if they knew how to use a computer
**they have no place in a progressive society.** this is the generation that started unnecessary wars, consciously accelerated and contributed global warming, stole social security... i could go on. their selfishness and shortsightedness proves they have little to no care for the generations to follow them.
cathy wood is 65. she’s a pro crypto gilf.
there are a lot of old folks obsessed with crypto, but none of them are us senators.
they are voting what they are said by their party
new rule: mandatory retirement at 55
lol i mean i’m against ageism, but those folks need to get on with the program! 😅
be retiring soon, no problemo
i mildly object to your characterization of crypto-illiteracy as a function of age. possibly it is more a function of the intellectual and cultural milieu in which they were raised. if their potential answers to these two questions were somehow related to the slave trade then i think we can pinpoint the source of their crypto unknowing.
5 out of 6 have smol dong
100 years from now...the next currency after crypto... we will be those us senators. we would not accept anyone who prefers a new currency over crypto in the future.
my man from alabama above 80. like wtf?
and the sixth is all but guaranteed gone after her term is done.
oh, i'm pretty sure they understand the tech, at least some of them do and they see crypto as a threat. the one's that do not are very likely taking a quick lesson, and soon if they have not already. battle royale is here. old school "monetary policy" is not going to cut it anymore but they would not go down w. welcome to the circus.
i completely agree with you! they should have to pass a test to prove that they competently understand the ramifications of what they are going to do before they can vote of a bill
they are a damned sight closer to a crypt than they are to crypto.
i think even they know they dont know shit about crypto. but with banks putting money in their pocket, they dont care
while i do agree that they are not keeping up with the times, this is agism. it sucks when people think you do not know much and are not good enough to be in charge of anything just because you're 18. let's not mock *every* 65 year old.
been this way for years. should’ve done something about it long before crypto became an issue
i think they do not know and they are going after soft money to pay for this big crapburger.
hard to blame them. i was sure bitcoin was a scam until like 2015 and i’m not even old.
dude this was answered a long time ago when mark zuckerberg had to a congressional testimony.
you’re probably not wrong, but the ageism’s not a good look.
hot fucking take i know, but seriously, you should not be allowed to be a world leader when you are over the age of 65. how is this not common sense.
would you ask your grandad for advice on what new android to buy ?... these coffin dodgers have no right to decide the future of tech...
anyone who lived through the early internet should know by now that the mainstreaming of any technology doesnt give a fuck about your idealism because it is about profit.
this is crazy. people who won’t be alive to see the consequences of their political decisions shouldn’t be in charge of making political decisions.
old farts voting on topics they don’t know a damn thing about smh
thank you for making my comment blow up :) seriously needs to be a constitutional amendment.
i do not like the idea of thismissing the opinion of someone simply because they are old. you could have said "look, here are their stupid ideas about crypto" or "you would not believe what our senators wrote about the dangers of crypto". but you did not do any research, you simply assumed that whatever they might have said must be wrong because 1. it's not aligned with your opinion. 2. they are not of our age. that's exactly the kind of behavior which we attribute to them. just saying.
if there is one thing politicians know best, is money. i do think they have a general idea what crypto is. i do know however that they believe in whoever gives them the most money
although there are plenty of older people who are in-the-know, bank-backed cronies trying to control our behaviour and our financial assets can go fuck themselves
i support them even tho i want a crypto world in the future. rushing into this would cause major economic crashes from jobs, housing, food basically everything especially when the us dollar is the worlds reserve currency. people need to slow down and figure out how it will actually work out. if you can’t even think about that it’s most likely the reason why none of them are even bothering to listen to your concerns. shit takes time and good shit takes even longer.
it's not like the senators are alone. they do not know shit but they have a large team that does. it's a separate topic weather they vote for the good of the average joe or the massive lobbying machinery that keeps them fat.
you should see who voted in the european parliament for the internet privacy laws and such. there was an stupid illiterate old lady in my country who did not even know how to turn on a computer. no different in the us i'm sure. a wake up call for those who think our leaders know what they are doing. it's more obvious in technology, but it often applies to regular lawmaking as well.
a lot of them know enough about it to know they do not like it. and that is all they care to know. the ones that get it are probably the ones already invested in it. so they would be protecting their interests.
it's like the electric car. its bad for business.
they probably shill gold.
no, they are dinosaurs 🦕
completely agree with you. the government in japan is the same way. 60 and 70 year old men pretending they know what’s best for everyone. how amazing would of be if they actually got some crypto experts working in charge of it?
hey don’t judge a book by its cover. i’m in my 60s and i am well-versed in crypto.
those that lived under british colonial rule should be the ones to run the country and keep us free!
can’t wait to time to best these old fucks ruining the world
i bet most of them over or under 65 do not know shit about crypto... they do what the banks want them to do ...
people who went to law school even recently (ergo many of your future drafters of legislation) barely know anything about cryptocurrency or how a blockchain actually works. it’s a niche sub-thiscipline whose only representation is experimental courses at some schools, or more often, nothing at all. lawmakers are entirely vulnerable to outside voices when it comes to novel matters like this. many of these politicians are struggling to analogically apply principles of traditional finance regulation (as they can wrap their heads around that) to crypto, which we know is flawed endeavor.
yeah the system is rigged. but also even if they were younger, it wouldn't at all surprise me if the lobbyist bought them out.
deciding on something they do not understand is sad
no, fucking boomers probly brainfart if you say defi. and stroke when you say blockchain. not to mention talking about pow vs pos.
i doubt age has anything to do with it. half the people here do not know shit about crypto.
they barely understand the internet and email let alone crypto
eh, over 65 is not that bad - it is the ones over 75 i'm not real happy about. the senate is full of power hungry assholes who think they should be senators for life. luckily i live in a state with decent senators.
more like 6 out of 6 - regardless of age - know anything about crypto.
the senate(all of government & law) is not diverse enough in many ways, age being one of them. dinosaurs making laws about the interwebs they know nothing about.
i mean they probably understand that it is something the government cannot trace and therefore is prime for tax evasion. so i understand their concerns, and of course the younger generation thinks the older generation is dated, it is been like that forever. not to say crypto is bad, but i do not think they are against it just because they are ignorant.
they dont want change...
as always they are scared of anything that threatens the norm or they don’t understand
being of the same age group i can definitively say they do not know anything about crypto. heck, they probably think cds (certificates of deposit) are still good investments. luckily i was in high tech startups for 30 years so i feel comfortable with blockchain and cryptocurrency; does not scare me. plus, it is fun! unfortunately many "young" politicians are equally ignorant. they have probably talked about bitcoin at parties and meetups, but probably not much more than that. the banking industry makes sure they toe the line when it comes to legislation. it's an uphill battle but with the likes of senator lummis inside, she will help lead the way out of the darkness.
ones almost 90 (89) and is retiring in a couple months they dont give a damn about you, i wonder what he was given in return for his vote
i highly doubt they know dick about cunt.
kind of a weird take. i'd argue that a rather large chunk of this sub does not know anything about crypto. i would argue that they should given their position but it has nothing to do with age.
i think it is funny that people actually think politicians are ignorant to things like this. they're on the payroll of banks, and crypto is literally a skate to banking and regulation.
they don’t need to. people pay them to not give a shit and vote for and push other things.
crypto?! it's just a series of tubes!!
it’s mind boggling that anyone that old serves on any committee relating to tech.
age old tale of old money trying to prevent new money.
they know nothing about crypto. they only know about protecting the financial industry that donates heavily to their campaigns
they know about as much as 95% of this sub sometimes, just more familiar with the terms.
i don’t care about their age. i do care that only a few even understand what crypto and the blockchain is. this would be as if we took a group of 70 car mechanics. they are all really good at fixing older cars. but here comes this new type of car that runs on electricity! 10 of the same 70 car mechanics read up on electric cars and have a good enough understanding on how they work. the other 60 car mechanics haven’t had time to take a look at it. to even understand the surface on how you don’t even need petrol anymore, it can all run on electricity! would you let these same 70 car mechanics vote to make any changes for the future of electric cars? i hope not.
>do you really think they know anything about crypto? of course not!
most politicians are not experts in economics yet they run our economy.
i think that people should understand what they are voting on. i'm sure there are people over 65 who understand crypto, but why are people who likely know nothing about it deciding its fate?
a lot of congress people serving are over 70 and some near 90. biden is near 80 we got too many geriatrics at this point who don’t understand how technology works. cruz at least does to a degree but most don’t. also they won’t pass this if the 3.1 trillion one isn’t attached and it’s over 3 trillion because of interest...so more like 5 trillion.
i learned about crypto from an old guy.
go to a restaurant at 5pm and take a poll of the people eating supper there. should match the demographic
they vote however they’re told. no backbone. no care.
they know they do not benefit from it so regulating others who do is natural. start sending them bribes in bitcoin and watch them jump aboard in a half second.
they were born closer to wwi than crypto.
just a reminder that more young people, people from diverse backgrounds need to run for office en mass. this isn’t just a problem in america but everywhere. it’s not just about crypto, look at what’s happening with the environment and how that’s being ignored all for the sake of accumulating wealth. there really needs to be a reset and thinking allow for innovation, and growth within our political systems. sadly this will take time. i hope the crypto community in america rallies against these anti-crypto policies and come out in force. i think the reason why they’re picking on crypto because it’s an easy target and they think people are not gonna fight back. let’s hope people prove them wrong.
same way those grumpy spineless pricks aim to screw our climate future for us because 'they will die before it is their problem' yet some other idiots vote for them!
as i recall these guys also think the internet is a series of pipes
i doubt they even know how to use any websites other than facebook.
so what's wrong with the regulation put forth in this bill?
that's why we need to step up and votes them out of office.
crypto is like a meteor for these dinosaurs.
age ≠ being a bitter ignorant piece of shit
pretty sure most the people playing crypto have no clue about how it works
ageism makes us look small. anecdotal but my dad is in his early 60s and knows more than any of my friends or colleagues about crypto.
you say against crypto, you mean the ones that are busy trying to tax it in the infrastructure bill? ted cruz even called them out on it.
i doubt they do considering no one around here really knows about crypto either
"yet they are trying to literally ruin future generations." yeah, that is what they do
most people here do not know shit about crypto 😉 including me.
they know as much as they were briefed on about the subject.
this is a fantastic point and speaks to the absurdity of representative democracy in the modern age. the existing political paradigm makes little sense in the emerging world of exponential innovation technology-driven economies.
i don’t care what anyways says i believe 80% of the us senators can’t use a wireless printer.
they know what it is. it threatens their power and powerbase. they do not care about anyone who is not part of that. anyone under 40 is just a worker.
fuck those old idiots laws are dumb
i'm not that old and i know crypto should burn.
you are making a serious mistake if you are making your argument based on your opponent's age. unfortunately you need to grow up to understand this.
sinema is young. it’s not just old politicians that suck. she is arguably the worst. i don’t think she knows much about blockchain, but she knew she was helping big banks
5 out of 6 us senators who think grass is blue are colorblind. do you really thought they know anything about grass?
but do crypto users know anything about crypto?
that's hardly surprising when you look at the average age of your senators and representatives. seriously, go and look at the stats. age does not guarantee wisdom, but not does youth guarantee innovation.
these are the same dinosaurs who would have listened to nobel economists paul krugman when he predicted that e-commerce would turn out to have no greater impact on the world than a fax machine.
bwahahahaha 😂😂 can almost guarantee ðat ðey know sod-all about computers! let alone crypto!
i don’t think age has as much to do with it as you think. politicians are beholden to whatever special interests own them. unfortunately big banking has a lot of influence.
couldn't you say the same about our presidents and current events? i mean it is like letting your grandfather make all your big life decisions.
plenty of young moronic anti-crypto "representatives," they are also anti-vax & would not live to be old politicians.
this trickles down to all policy. does a 65 year old know how to regulate anything driving our world today? internet of things, driving cars, social media, ect. watching senators question tech ceos is the most cringe thing i’ve ever seen because they are always out matched and have no clue what the answers even mean.
a b s o l u t l y. fukn n o t
you don’t have to be below a certain age to understand crypto. if we want to be respected and heard, we have to stop with the prejudice.
these mother fuckers cannot even open a pdf or plug their wireless mice in. come the fuck on.
10 out of 10 r.
i'm 20 and still dont know shit
how will they know they still using dial pad phones
most likely than young people who don’t read the news
unpopular opinion: maybe explanation: i'm in my 60s, and have been into crypto since 2017. there are some of us old folks who love new technologies, and learning about them. while not likely (imo) that the senators know anything, let us not assume because they are old they do not know about it.
99% of senators are old as fuck, your point!
i’d be surprised if they know the difference between their asshole and their elbow... at the end of the day however, all this resistance is an indicator that we’re on the right path.
so now comes the crypto night?
they know the petrodollar is their bread and butter and cryptos don’t give them power and influence.
fuck no. also, those greedy assholes should step down. term limits anyone?
it has nothing to do with their understanding of it and everything to do with being able to make money from it before “it’s too late.”
someone needs to ask them if they know the difference between a single ledger entry used by banks, and probably the panama papers. and double ledger used by crypto.
i’ve said it a million times and i’ll say it again... 65+ has no business in politics.
this goes for a lot of things...
is it something new that they will struggle to regulate, yeah they will probably hate it.
thank you all for the awards. ❤️
possibly. cryptology is ancient, is it not?
when you think of politicians and their views on crypto you have to take into consideration the *corruption* that surrounds the financial systems as well as the ~~bribes~~ *lobbying* politicians engage in. next consider that “**old money**” does **not** like the **potential** crypto has to **liberate** people from being slaves to fiat. these factors are just a few of the reasons why these *older senators* are shitting on crypto every chance availed them.
against crypto = banks and fed told me to say i am against crypto
half this sub does not know anything about crypto
they know that "orange coin bad" :-3
i don’t think they know anything whatsoever
most senators seem pretty thisconnected from the real world. being both old and very rich based on the current system, they do not want changes.
they are still wondering which pipe the wifi comes from.
nah they know about crypto. they're against it because it is against their backers.
> do you really think they know anything about crypto? yes, i think they know that crypto is a threat to their wealth and that is all they need to know to be against it.
do you think they really know shit about fuck should be the question.
that's not surprising at all. something that is surprising: there are people in crypto that do not know anything about crypto. crypto is more than holding dogecoin on robinhood. it's more than knowing what a miner is or all the names of all the altcoins. there is so much more and it is up to the few of us that know even a little to educate others. it's important! this is world changing tech and it is for everyone if we can get it to everyone.
it is mostly everywhere. most of these politicians will be madly ambitious to push things they may understand are not good for people. its misplaced priorities that is making the world suffer. am i the only one to think that the government really had the potential to make people rich after this pandemic thing. i mean they could have bought and thistributed a lot of good cryptos and help regulate its price. the government can go to the moon, they can do that for the public. but all they want is to scratch their balls at the end of the day pretending to be what they are not. serving people. i think the more power people have the more these intuition & authorities will have to cooperate with people. i know it is a hard dream thing. but i think it is been a long since we have been living with misplaced realities and shit-level politics ruining humanity and the planet.
that's what wrong with politicians. they have power to control things that they do not even have a clue. people want convenience in their lives, and crypto is the way to go. why is it so hard to understand?
i am 74 and have been following it since 09 so maybe some of them know something.
nah...mans was born during wwii. man knew about eisen-bucks but not crypto. smh
average age of senators is 62. both senator lummis and warner who cowrote the amendment to fix the crypto wording are 66. don't blame age, blame their incompetence and. don't forget their names and their allies next election. they are not fit to govern.
fud coz crypto might take over and their fiat will become obsolete
unlucky corona did not get all old people... would save the planet and the economy
i got some bad news for you…half of the senate is over 65
they really said "fuck off"
none of them are against crypto. they just block it to try to get what they want. even senator shelby said he supported it but was not going to authorize it unless he also got his war bucks.
i've been into crypto seriously since 2018, knew about since 2014, got interested around 2016, and i'm still fairly lost on everything. if i'm having difficulty, these old farts have no idea what it even is, nor do they give a shit. they only care that it hurts banks and it hurts their kickbacks.
no they probably do not. but the banks that control them do.
absolutely not. if you have not noticed, lots of boomers cling to old ideologies based on obscure morals that fit some abstract narrative they wrote themselves. it's idiotic. i hope zoomers take over the world with logic and reason instead of ancient dogma
honestly, they probably know quite a bit more than you expect. these people have teams of workers that do all the actual research and with for them. in the end, the staffers basically tell the member how to vote on each book, assuming leadership has not come in and told them already. members almost always listen to their staffs. it has to be a really crazy situation for them to not and, typically, if a member does the opposite of what their staff suggests, it is because the staff member sucked somewhere along the way. source: i've done two "tours" in congress, one in the house and one in the senate. i'm happy to elaborate or explain, but i'm currently on mobile and putting a baby to bed.
they knows what their 65 yo banker friends tell them and want them to know, no more.
just trying to protect their banker homies. that's all. i'm sure there is alot of money flowing in their pockets to oppose this.
you americans do have a habit of choosing your politicians to be your grandparents age.
to be fair, most of crypto simps do not understand how crypto actually works either.
about as much as half the people in this sub to be fair, standards are pretty low
most old people are way to against new and innovative things
im sure whoever is paying them under the table, tell them what to do. maybe the crypto people need to start throwing their money around to "change" these peoples minds
we're here to use crypto to build a retirement. they're about to retire, they think there is no time to build more from crypto in the next few years for them, so because they cannot do it, they want no one else to be able to either.
pathetic how we need high priced lobbyists for any hope
they know enough to keep them rich. hence their vote...
judging by the responses i got from my senators they just like to build straw men and act like they know more about something that they know nothing about.
dinosaurs still rule the world for now 😒
watch susan collins talk about phone spoofing if you need any proof. it’s like watching a jonah hill skit.
government job is to literally ruin future generations. do i need to rehash their track record from the last decade, or should i do the last 110 years too?
they know how to tax it which is all they need
no they just like the money that big banks give them.
i would agree that a lot of the older senators are not technologically savvy. perhaps some have staff members to explain everything they themselves do not have time to explore, such as they are not all versed in agriculture or pharma, etc some are very bright individuals that were brilliant lawyers etc. i have a problem with the statement about their ages being a factor in understanding a "newer" technology. it's an easy way to divide us instead of addressing the education and importance of the topic for the general public. as example larry ellison is 74, i am sure he has a much greater understanding of blockchain than many people that are 50 years younger.
the original vision of crypto was the separation of money and state. if we hold true to that vision, it does not matter what those who assume authority think they can do. it's unstoppable.
they know they do not have any and are scared to get in
bro… i work for a company in finance tech. we have a policy department that has to go and help them understand what we do because they sometimes pass judgement without a clue. the guy came back from a week long trip in dc and said that it’s nearly impossible to have coherent conversations about tech for some who are still using flip phones from the early 2000s.
i don’t think much of the senate knows anything about what us plebs go through on a normal, average day much less about something as complicated as cryptocurrency.
and the last one is sinema. i wouldn't put it past her to support something she has no idea the consequences of just to build her political clout. i say this as someone she should be representing, none of what she is done since her last election is anything that the people in az want from her. many of her supporters are very progressive, they wanted , they wanted the filibuster destroyed, they wanted voting rights. i'll be surprised if she even runs again and instead just moves to dc for that lobbyist life.
i've gotten into crypto late 2020 early 2021. i've finally gotten my dad to invest with me. crypto is the only currency that is more transparent than a lot of the world governments. hence alot of countries are seeing the benefits of adopting it. i hope for the sake of their children's children these senators will see the error in their ways
the average age in the senate is 63, so that has something to do with it
okay but the real question is did you vote? chances are you did not vote because barely anyone bothers to vote for senators. shame on you
senator-“ as i understand it, it’s a series of connected tubes you can send coins through. what happens if we get a clog? who goes in there and fixes that?“
it's called ageism, this is like me saying "do we think these kids know anything about the economy"... and they would be right.
do you really think they know anything about anything, besides taking money from corporations?
all they need to know is it weakens the us dollar. don't expect them to adapt to change or to even want to.
i was raised and educated to respect the elderly people. who would have expected this sudden turnaround?
i’m in my lower 30s, own several coins, and know virtually nothing about crypto…
people do not vote. and the system is set up to a point so only outdated out of touch people stay in control.
remember senator ted stevens and his “series of tubes” explanation of the internet? these guys probably have the same level of understanding as that.
i do not understand what age has to do about knowledge or understanding of how cryptos operate?
they are still working in a fiat system that supports them. crypto is seen as an unknown, volatile quantity that won’t be lining their pockets any time soon. so yeah, they’ll vote against it.
duh. thing is- it doesn’t matter if they know what crypto is or not. they are paid to legislate like they do. it’s corruption.
isn’t this the overall problem with our current law makers? a complete thisconnect to the working class of this country, mainly caused by their advanced age. then, factor in their affluent nature and they have no clue what we need…
from a ratio perspective are not 5 out of every 6 senators over 65 anyways?
and do you think more than ten politicians know what they are voting for in any depth? the same politician will vote for education, health, safety, environment, economic policies and it is humanly impossible to have depth in all of them. the same you are seeing now repeats in each area.
thats what i never got about the senators since alot of them have had the same position for 10-20 years (idk if its more or less) and still run the country like it was 20 years ago (i'm probably wrong though its been a while)
they remember the tulip bulb bubble.
i’m sorry but our with the old and in with the new times have changed but the people haven’t so remove the source imo
i doubt they remember when to *not* pee their pants. hot tip. all the time!
they know record players.
hold on now. i thought it was 5 out 6 six supported it and alabama fucked us
"kill crypto" you're being dramatic.
naaah they do not care they just want to stick to their old school money
they are just lazy old peep they just do not want to learn new concept bloody orthodox pigs
worse... we already know they do not know anything about the internet.
some people hate what they don’t understand
could this be the catalyst that compels the peasant class to demand term limits and mandatory retirement ages for congress? 🧠💡
they live in the past and want to fuck the future over before they pass
senator -> senex -> old
does anyone know which crypto amendment they passed?
pretty much any 70 year old is going to tell you at least 1 of the same story everytime you see them.
i'll have you know that my 74 year old dad is present while i watch 12 hours a day of crypto youtube. if he can learn how to facebook like a 15 year old... 😂 but no i still wouldn't ask him for advice lol
nope. they need to be more of a solo act with less staff.
it’s most of the times these old farts creating problems for the rest of the generations
the senators are also backed by banks and investment firms. you can look at their public backings from their campagnes.
even if all senators are against it, what are they going to do about it?
would be intresesting to hear their comments on why
they must have read an article that states government will lose control of the money supply and thus inflation. memories of the second world war and clueless about technology. not surprising.
yeah exactly. that why warren buffett also hates bitcoin. do some fuckin research boomers
all career politicians are corrupt. there only in the position to make money.
didn't one of them get a telegram that crypto might need a bail out?
the whole idea and infrastructure of bitcoin and blockchain are to work on decentralization. for it to tank, bitcoin and crypto would need to be centralized, so i do not think it will tank. all that noise happening is just their own fear and limiting beliefs to withhold decentralization. what i fear is that bitcoin is limited, and that might result in people who have missed out on failing to adopt it. however, with the rise of new crypto that problems look solved too, making bitcoin appear more exclusive!
eliam5yo- what is crypto?
can someone explain to me what it is? what do i need to do to get bitcoin
65years and above, now i understand why the challenge all along.
wait... don't they get appointed ever year by elected officials?
good point they will be dead soon.
it is sad to see that inovation is not supported on greater scale. and i'm not talking only about crypto, things that are comming our way such as self-driving cars, longevity projects and massive neuron networks (ais). politicians barely know about one enough to have a meaningful conversation... and they have "power" to decide what should be allowed and regulated and how. sad indeed, we probably need new kind of voting system.
generational shifts takes a long time, especially in american politics. crossing my fingers that the process will be sped up in a democratic fashion in 3-4 years!
politicians only care about the interest of their donars and corporate connections. anything that would benefit masses is none of their concern. in every country you, if you analyze the pattern by which political entities make a move, would see similar pattern. i reckon they are well known about the crypto. but it is not in their best interest.
of course not. but they know how crypto can destroy your power.
dear choir, preach, preach preach. love, preacher crypto
ridiculous; thats the word for this bill and these aging senators. seriously this has to stop - these people are too old to understand those they represent.
what till you find out their 65 year old opinions of other shit!
seriously i guess base on their experience trying their best to be excellent.
so what your saying is hodl, play the long game, and wait for them to croak? got it!
stop voting for career politicians. they hate you
already, sanity has prevailed. the treasury will use the more normal (tax code) definition of a broker when deciding who has reporting requirements for transactions > us,000 [
i compare bitcoin to china, ironically. alot of repression, alot of under-the-radar interest. large, world-altering changes coinciding. set-backs that seemed inalterable. rallies and crashes and look at china today. not bad. bitcoin today? 1940s.
simple answer is no
arbimoon is a ngl-based project that has a lot to offer. in one day, 3.5 million mcap was reached.
crypto currencies are a huge burden on our planet. it probably has less to do with their age and more to do with their intelligence. edit: since someone asked, i thought i'd address the curiosity in my original post. cryptos use an obscene amount of energy, and are also responsible for unnecessary overconsumption of rare minerals. if you're cool supporting a wasteful enterprise then go for it, our planet would not be able to sustain the life we're accustomed to but at least we have "untraceable" currency. yeah, that is really the most important thing.
age probably doesn’t have much to do with it. banks lining their pockets because they are threatened has everything to do with it. look at california senators campaign contributors. big donations from banks.
cope and seethe! they are certainly more experienced than snot-nosed lolberterians and tech bros. enjoy being properly taxed! 😇
how is turning down crypto currency going to ruin future generations? sounds like your invested up to your eye balls and the shit is tanking. money is money. it all buys shit just you can’t hold any of yours you get to pretend 😂 you should just use monopoly money
five of my friends lost everything because elon musk told his cult to buy, while he sold. i'm bastard. i laughed so damn hard. one guy mortgaged his home because musk told them to buy. life does not get better than this.
crypto is a money laundering scheme. blockchain can be useful but made up money is pretty much being used to fund illegal activities.
crypto is a ponzi scheme that no one truly understands
lol ‘ruining future generations’ by protecting them from a pyramid scheme. ok.
they are smart enough with life experience to see a scam coming. how is the ? was that your money? and yes boomers are smart enough to read and research, duh!!! what an ageist comment just to support your scamming people.
maybe they know better , they are experienced
i speak out against racism. you argue with what i say. so you are racist. it's simple
it’s sad that those people are not only in charge of this, but also climate for example, while they don’t care about anyone but themselves and mess with the lives of future generations purely bc of their own greed
*irs aggressively enters chat
they know what the banks tell them.
and……theyve all been in too long and need to retire from politics! them being there is really bringing down the ability to innovate! the way they want to stop crypto from coming mainstream….come on! its what the internet went through in the 90’s and the old farts then, these are the old farts now and need to move on.
the government is not your friend.
no, but i'm sure the people funding their elections do and told them how they needed to vote.
it’s definitely time for the new world of finance to start taking over!
this makes me even more bullish
most of them are closed to new concepts and ideas so probably not
all the senetors are implicit here, especially the democrats bring this bill forward at all. they all voted for it so stop blaming 6...
of course not, they don’t shit about crypto. the only thing they know and care about is who is lining their pockets. we put these crooks in office. we need to vote them out
they know banks are funding them so they do what the banks tell them to. we need some crypto whales to start crypto lobbying.
i'm at the point where i think most in politics do not even know what is what anymore. house financial are lost just from watching congressional hearings, let alone about crypto. it's pretty unbelievable, but it is exactly what's happening.
they learned how to make automatic payments to their credit cards last week and now you're telling them there is a new form of payment? fuck that, these old geezers are still writing checks.
it's not just crypto, old politicians do not really understand or support anything new. which is really stupid because these people shape and usually ruin the future that they are not going to live in.
those dinosaurs are too old to even know how to use a fucking typewriter, let alone a computer or crypto
it’s not an age issue. it’s an authoritarian issue. they believe in centralized control and bad monetary policy. did aoc vote for it?
the context everyone seems to be missing here is this amendment was added by republicans as part of their concessions to vote for the infrastructure bill. republicans wrote and added this. it was not joe biden, it wasnt janet yellen. it was rob portman (r) of ohio.
dont say stupid things . and respect the elders. pay your taxes
most people posting here know just as little. most people buying know absolutely nothing. most self-appointed 'experts' giving investment advice are absolutely clueless.
they may know nothing about crypto, but i bet you they know a thing or two about highly speculative assets... question is does crypto fall in that bucket?
no probably not, not even my parents that are around 40-50 yrs old do not know shit about crypto.
america! they do not work for you
cryptography isn’t a new phenomenon to be fair blockchains have been about since the 80s but i do agree with you
maybe they don’t understand and they will not give a votes
think this is true! we just have to elect people who give a f*ck about crypto, whether they’re older or younger. the ones in office were elected to pander to other political issues. not crypto
this technology took off too quickly for them to take advantage of, it is the new generation against the old they want to regulate it until they are able to cash in at a lower number. look at the largest buys of hundreds of millions in the last couple of days even. they know exactly what they are doing.
that is profound wisdom you've got there.
you taking time and effort to learn is huge compared to anyone who just does not get and gives up. cheers to you
i thought it was jurassic park, but it is just a reunion in the capitol
bro this comment killed me 😂😂
they probably judas or sth
yeah that is always a red flag.
did they know benjamin franklin?
this comment is gold haha. term limits!
they're scared of the crypt
serious question though, did we really think that boomers and central banks were really going to just let us restructure the entire global financial system without resistance?
they need mandatory term limits on these pussguts. when you bring new eyes into a system every so often it opens up new ideas, and creative thinking.
i feel like the answer is this: the more people involved in crypto, the less we can be pushed around, right now out of americas population, roughly 10% are involved with crypto, imagine if it were 30-40%. i know this is wishy thinking but suddenly politions would have to take us seriously. and would realise that a ban would result in large public outrage. heads would roll and it would affect votes we need rapid adoption asap so we can get ahead of this type of biased regulation before it snowballs. in our numbers and solidarity there is power. and the only thing with the power to kill crypto currently is governments, so we in turn need to treat it strategically.
i think they cannot speak about anything that is not coal
how did they survive the asteroid impact?
your mother's so old she sat behind jesus in the third grade.
i do not trust anyone who could owe moses money
i’m jewish so i maybe off but umm… jesus??!!
my non-tech friend who convinced me to get into crypto, and then did not get into it himself, said it best: "crypto is the one thing our generation has that our parents (literally) cannot understand. we have that leg up on them."
i do not trust anyone who hears me talking about moons and says we only have one.
this is just the best comment ever
they don’t know shit about shit about shit. there’s literally a digital war going on against the us and it’s way over their head. they don’t even know what social media is. they’re neurodivergent af. vote them out.
i don’t trust anyone...
i'm pretty sure i also saw st peter shilling icp in the city centre too.
this of one of the best comments yet
they probably attended last supper as judas iscariot's family
it's sad that the top comment in this thread is a joke true. but of course it is
so if the myth of jesus ended up being true you wouldn’t trust him? may want to rethink that i’m not super christian (the idea of waiting for someone else to save me is repugnant) but if he showed up i may take him seriously after verifying it’s not project blue beam
so you do not trust jesus then.
seriously, there is definitely a larger ratio of people of any age who do not know anything about crypto. probably like 19 out of 20 or 49 out of 50. crypto is getting there and people have heard of bitcoin, but that does not mean the general population truly knows anything about it.
it's time for you to be senator
i'm seeing a lot of ageism in this sub lately. if american politicians are influenced by lobbys or whatever, it is not a matter of age, it is a political matter. people here really should stop this bullshit.
less than 65. yup. you are cool!!
as soon as you turn 65 that knowledge will thisappear - op
i'm 50 and i know a lot about crypto, investing in crypto since 2016
it's not just age. they are paid by bankers and wall street who want to keep gaming the system to line their own pockets.
congratulations for being in the 1%.
ser, that is <65 years
must be nice to be at the top of a pyramid and have been around for the construction of the first pyra.mid
well? drop some knowledge, my man!
i certainly do not thismiss the knowledge of anyone based on age alone! you are one of the exceptions among your generation, and i applaud your willingness to understand new technology. when it comes to understanding the power of cryptocurrency, there is a serious generational divide between those who were middle-aged at the advent of the web, and those who were under 25 or so. it's why i cannot take warren buffett seriously, despite whatever investing acumen he once had. he's a 91 year old pretending like he knows the first thing about blockchain technology... i might as well listen to an 8 year old tell me what etfs to buy. in a few decades, the term 'digital native' will seem quaint, and as gen z, gen alpha, and gen beta reach adulthood, the idea of crypto will seem as logical to them as anything else that might be digitised.
thank you. i'm only in my early 30s, but this pernicious attitude of "anybody over [arbitrary age] could not possibly understand" is getting thisturbingly prevalent, and not just in the cryptosphere.
good for you but you also seem to think michelle obama is a dude? lol
you are a rare gem
you are rare exception
i'm 26 and i'm in for years but i still do not know shit about fuck. (don't let my username fool you.)
you are too old to use reddit
i was gonna say, this post seems like a bad take.
exactly. my dad is almost 70 and owns more alts than i do. it's not age, it is ignorance.
i know this is a rhetorical question, but why has not this received more up votes? age is not an issue. comprehension is the issue and thinking that has anything to do with age just makes someone fall into a trap of stereotypes. besides, these senators have a team of advisors that "teach" them just enough about various topics to get by, if that. those are the people we need to sway.
oh wow. this is seriously cool. what is his take on crypto in general?
there are exceptions to most rules. of course there are some old people that know about crypto, but it is much more *likely* that someone in university knows and cares about crypto vs someone who is 72, so it follows that if we want representation on current issues, we need representation that looks more like the population.
well, the bar to be called an average investor is pretty damn low. more than half of us do not know what they are doing. i myself included.
to be fair, knowing more then the average investor would not be adequate for debate in congress. these should be experts arguing with experts to decide our future.
i’m around a ton of elderly people on a daily basis, and many of them don’t even know how to use their own phone. it’s really not that far of a stretch to say that elderly people have a hard time grasping new technology
recycle those bitches right now!
someday it will be like that
most of them will be dead in 10. the senator from alabama is 87, how the fuck is he still a senator?
but this way they are betting against the dollar. these guys want to keep their shares in their multiple companies and see crypto as a threat to the value of their portfolio
money is everything then?
this is more reason why politicians and government officials should be transacting in only open ledger cryptos. so we can track all their funding and donations.
i'd bet some eth they have no idea how crypto works.
yep, part of it is willful ignorance. the kind where it’s better for the pockets that pay senators for them not to know, so they don’t.
they are absolutely getting paid. nancy pelosi is getting lobbying checks from citidel and citi
i am the same opinion...
they live in a golden cage
boys and there guns
you liar! my fart smells the best in the world!
this is an amazing idea! i would vote for that
jo jorgensen said that, didn’t she?
they hated him because he spoke the truth.
played the lgbtq card like that somehow makes her ethical. wack
i learned something new and depressing today
some things we know, to believe enough in crypto to invest in it. it is still rare, only 4% of people in the world own crypto.
old folk that also dont buy crypto
other 65 year olds lol
young people do not vote. ):
citizens who lived in partisan gerrymandered thistricts who also face harsh voting restrictions.
not me i’ll tell you that 💀
there are not always other great options
no no, that is kryptonite. crypto is a chamber where caskets are held
seems like the way. while we’re at it, we should implement something similar with our tax system. i’d love to divert a bit of my tax dollars away from extravagant military tech and into, say, a universal health care option or education. seems fair to me.
👆🏽this guy gets it
old people rule the system, and it shows in policy. no policy in regards modern technology has actually been helpful for the general public.
agree. i cannot understand why some people call america democratic.
ya i thislike the age argument. there are some crypto people that are that age and older because they understand it. but there are those in the finance sector and government that use the current system to be wealthy. so they dont want to lose that. but there are also some that see it and say “i can make more money?” and invest.
hey you never know with this bull market baby 😂😂
they already rich as hell, they do not need crypto.
this right here. being young is not a requirement to believe in crypto. instead we should be looking at, what are the motivations behind the senators.
first of all, let me just say, i hope i'm you at 75. you are an inspiration to logical thought and objective reasoning not taking precedence to the biases and prejudices that inevitably form over the passage of time. good on you.
but you’re open minded
shh... people in this thread are busy pretending that is not how things actually work.
they may live forever, nourished by power.
are you brave enough to say that to a bitcoin miner to there face?
it's who people vote for. it's always an odd thing with the us. people complain about politicians being old and out of touch, but when given the choose, vote for "experience" every single time.
i think having older senators is fine but its terrible how many there are. there's no way the current senate has a good perspective of the younger generations. and while it is possible some do know a lot about crypto, it is probably very unlikely.
op seems to think computers are a new invention or something. just because it is "advanced" technology does not mean only people under 40 know anything about it. bill gates is 65. people desperately sought after john mcafee's advice regarding crypto up until he was 75 years old. those guys are old as fuck and seem to know a tad more than the average redditor regarding the crypto space, or any computer technology in general.
good stuff man. thanks for taking a moment to write all that. you were heard. from someone under half your age. so do not worry: ignorance takes many forms but it is all just one thing: a knee jerk reaction to a thing you do not fully understand, or want to.
same bastards that are on opiates for years. shilled for companies claiming they’re making a less addictive version. then proceeded to pull the rug out from under pain management patients, leaving people with few options besides “eat more nsaid”
straight from jurassic park
saw what happened to the dinosaurs, crypto is the meteorite that will wipe them out.
these guys are older than a lot of countries
i’ve been involved in politics for years trying to get these dinos out by voting & talking to my fellow voters, but when it’s in another completely different state can’t really do much :
they can barely wipe their asses... 🤦
hope they extinct quickly
welcome to jurassic congress room
65 isn’t as old as you think it is, especially with their health care and money. that’s a long wait. but. i guess.
based on my lurking, i'd estimate 60% know how to enter their credit card number into binance.com, 20% know what a blockchain is and about 1% know how one functions at a root level.
if it is not andrew yang then i do not know who else would be better for the crypto space.
its wose actually. if they hated us (whoever us is) they could be manipulated. really i think its more of an ambivalance combined with not realizing that a higher knowledge than most are willing or able to attain doesnt make them objectivly fit to rule. i think some may geniunly not care all about what happens to plebians but id find those less offencive than the moral objectivists who geniunly think they should protect people from themselves
man...if i had any awards, they would be yours.
i am almost 100% sure those +70
get outta here with your logic man, cannot you see people are trying to be outraged here?
exactly. if you were to remove all the 65 years and older politicians, the us is not going suddenly become a crypto utopia. the problem is not their age, but their lack of understanding of the topic, and maybe corruption.
5 out of 6 redditors on . understanding how to buy and sell it for potential profit really is not the same as knowing how it works or even what it is for.
they may not understand crypto, but they do understand they can make money from it, so here we are.
we are, get with it.
there's something to be said for representative demographics in politics, but i agree- i think there're some ridiculously ageist sentiments on this sub sometimes.
i mean that is probably the conclusion of crypto they get to after they ask their interns what internet coins are... lol
by this website study over 40% of the senate is 60 to 69. the youngest senate a little over 10% of them is 40 to 49 years old.
damn i’m not sure 😂
welcome to the party. i'm actually from the front page, so i do know about crypto but nobody else here does.
you mean we were forced to listen to people in power, when in reality they have no idea what they are doing.
the problem with this assumption is that youngsters know what they are talking about. most people on this sub do not even put much thoughts into what pro crypto people are telling them. they just accept it as truths without much critical thoughts. they are just as bad as those that oppose, but they are just on the opposite side.
they get paid to hold their opinions by wall st.
but that is where the electrolytes are stored! it's got what plants crave!
dont judge new generations.
my grandmother literally cannot understand the difference between netflix and cable tv (she is fully there mentally). she says it is because it was not there when she was younger... idk
that's fine in most cases, for most people, but these are literally people voting on the legal requirements to regulate an industry. in order to do that properly, you have to do some research and make sure you understand what you are voting for and why. if you do not then it is a clear dereliction of your public duty.
but we will remember not to be like **them**.
i don’t think it’s a question of ability to understand, it’s a question of willingness to adapt. for their entire lives, these senators have benefited immensely from a financial status quo that is now threatened by crypto. age isn’t the problem, it’s the attitude that sometimes comes with age.
i thisagree. the way the baby boomer generation is reacting to practically all technological change is thisgusting. they virtually oppose anything that is going to supplant what was created in their generation. they've been shitting on millenials and other younger generations for decades as they have plunged the planet into its worst state in my lifetime. all of this has happened on their watch. boomers are in complete denial of everything and anything they screwed up, yet pontificate incessantly about all of the great things they contributed. it's arrogance.
no it’s pretty obvious there age makes them think and live in a world that isn’t here anymore. the idea of cryptos scared them because they don’t understand it.
yeah what you said makes sense to me. the only pro i can think of is that it adds a layer of transparency to how funds are used, allowing us regular people to keep the higher ups in line. no doubt there will be ways to circumvent this supervision though
whether or not your statement is true the idea that older people (60+) are much less likely to understand crypto certainly is.
op is probably 15
yeah i found it funny that they think this are too old to be in a senator when their president by those standards is what... a dinosaur? politicians are generally corrupt, it does not really matter the age, they just do not care enough to learn, they just care about what pays more. i'm pretty sure there are some 65+ year old people that know more or crypto then the majority of this sub combined, myself included.
>ageist sensationalist headlines tend to be bigoted.
nah they don’t even say crypto they just say “bitcoin” because that’s all they know
agreed, they are opposing crypto because they are in the pocket of big financial institutions, not because they are 65+
but still old people who have lived with fiat their whole life tendency to say it is shit
lord help us but he is
ted cruz still sucks. quit trying to make him into some crypto hero. he's not. 99% chance he did this for political points and you're eating out of his hand.
well they probably do not care about that, but we should. unfortunately, i doubt there are too many people here who do.
i would like to remind you of this comment when you reach 65. bonus points if you're a politician at the time.
> the fact is that crypto has already ruined life of so many. how many lives has the government and newsmedia ruined with their lies, wars, espionage, and market manipulation? how many lives have the corporate monopolies ruined?
i work in banking. i guarantee the fraud in fiat banking is at another level.
you didn’t even mention how bad it is for the environment.
nah they still got candles for light
of course they know. they saw ethison's first light bulb presentation.
people shouldn’t be passing bills on something they don’t even know about
asking the real question! the answer of course is "no". no cryptbro fanboy understands it, definitionally, for if they understood it they wouldn't be treating it like jesus.
i get your point but older people tend to care less about the future as they would not be a part of it in like ten to twenty years
the top computer scientists in the world are all geriatric math professors. age is not inversely correlated with knowledge of computers.
i do not have an issue with old people at the table, sometimes that wisdom of age is valuable. my issue with politicians in their retirement age being in congress is that they have been their for 15-45 years completely thisconnected from reality the rest of society lives in. serving in congress should be that a public service, something you do to go affect change for like a maximum of 12 years and then move on, not a career.
them: "you cannot use a safari, you go on one! idiot."
no but they should be able to understand enough about a what a bridge is and does and how it will impact a place to determine if a bridge is a good idea. jesus fucking christ did that seem like a good point to you when you typed it?
i would hope they could describe it is functionality before telling us whether or not we need to put in a toll on a bridge and congest traffic.
agree completely. it makes no sense
i think deborah wasserman schultz has a different opinion on the bernie part.
i think i’m allowed to bring back this statement: have fun being poor.
i know 70 year olds who literally invented email.
not advocating for scams, but the whole point of cryptocurrency is that there is no regulating body.
you cannot regulate ignorance, it lowers everyone to the lowest common denominator, making us all into idiots, crippling potential. it empowers crooked politicians to have an excuse to extort and exploit the masses with all kinds of unjust fees and bureaucratic overhead. government needs to get the fuck out of the way and let the market mature.
i agree with this, but i also think it would be hard to make sure it was legitimate information and not some brainwashing session made up by some lobbyists.
this girl get it! crypto is anti-government.
they’re mad that their pyramid scheme is going to be taxed
one day we'll be old farts ourselves. imagine that.
of course it is. these are casinos. they have an overall negative impact on the world. they are not solving any problems, only introducing new stupid ones. it's *very* easy to be against this bullshit, when you're not an easily-led naive teenager.
if there is a minimum age to be a politician there should be a maximum. stfu with your crying "ageism" bs
you're just butthurt for buying at 60k.
can you explain what the us dollar is?
hmm...not quite. increase the threshold
>how long have you been learning things? > >old people know way more than you do. many old people are closed minded and refuse to learn new things. many old people are senile and delusional. they rely on outdated knowledge and self bias. not a joke, it is a fact of life.
old people are not known for being open minded or open to learning new things... some do but they are the exception not the norm.
seems like you don’t understand the difference between “crypto” as a whole and bitcoin. many cryptos are environmentally friendly, like nano. the second largest crypto in existence is in the process of converting to proof of stake, which will use 99% less energy.
thanks for telling us how ignorant you are.
compare it to the same costs incurred with banks. add paper and the carbon footprint of all employees, maintenance and associated resources. as to graphics cards - probably
this. not every country has nuclear power plants. if a country like poland starts mining crypto, they would have to generate tons of electricity, and since they use coal as they power plant fuel, we would be a step closer to natural thisaster. boomers fvcked you up in a lot of different ways, not by blocking mining crypto currency.
are we seriously going to make this a right vs left issue, again? can we not just agree that these cronies should be voted out no matter their party affiliation. constant bickering between conservative and democrat constituents means nothing can ever be done to push for true change in our system.
ah yes because crypto has to do with life experience and not actually doing research
it depends! bitcoin is useless as a currency, xlm and xmr are good as a currency, tho.
didn’t realize crypto was life experience
in my experience most people actually regress intellectually after the age of like 50. they stop seeking out new information and become set in their habits and beliefs, and their capacity to learn new things is reduced anyway due to their ageing brain. of course younger people understand new technologies like crypto much better than the elderly.
could you explain *exactly* how life experience equates to knowledge about crypto? i’d like you to be very specific lmao
young people create and use new technology…old people generally don’t it’s a generalism and isn’t true a lot of times but the vast majority of intellectual property including crypto is created by people 50 and under.
yes because all seniors are up to date on the latest technology, give your head a shake
i agree, most of these commenters act and speak like children. go ahead vote me down.
wrong subreddit for that sentiment pal lol
save planet earth token is basically doing this
you're talking out your ass. each new generation is statistically more intelligent than the last.
whoa, whoa, whoa! climate change is real?!? and whats this about 2 income families??
dudes also been an entrepreneur from a very young age and is open minded. not saying that older generations shouldn’t be involved in crypto, but if they are going to talk shit then they need to know what they are talking shit about
and the reality is that crytpo is a really, really niche economic. it's like understanding the internet in 1992. yeah, maybe your company just rolled out cc:mail, and every month you get a thisc with 8 free hours from america on-line, but that is about it. that's not to say people should not educate themselves, but there is a reality here to face
yeah but at least we’re not against it for not knowing anything about it
to be honest it is a mimic of european politics in too many ways. why we cannot just put an age limit on the back end of it too is fucked up in so many ways. serve 8 years max from 35 to 55 years of age would be ideal.
i'd be surprised if most people could even tell you who diffie and hellman were without looking it up.
while the traditional banks and credit card companys are ful of trusted parties, bitcoin is open to all.
because us old timers do not understand tech, we just, you know...invented it. standing on the shoulders of giants...etc. aside from that, old age gives one the wisdom to know that young people are going to hold that opinion about their elders because we did the same thing to ours. and it means absolutely fuck all. where they are going, we've already been and moved on.
the peasants are not investing in crypto. the middle and upper-class are.
it was the original one that didn’t define what a broker was. at least that’s what i have heard
ah do not trust these new fangled compooters
why? why?!?! they didn’t think that far friend
i bet it’s crazy!
my bank account begs to differ 😂 i have paid many of my bills and countless vacations with your so called “poor currency”
why are you booing me i'm right
>redditor for 9 days. also nope, crypto is going up lmao you sound like you are salty because you think you missed out also your other comments prove you are a troll and, ironically, a sheep
are your friends 12?
you have some stupid friends
and other currencies are not used for illegal activities? all your points can be transferred to any fiat money.
now some may be inclined to thismiss your comment but i find it more beneficial to ask your for declaring all cryptocurrencies to be a ponzi scheme
it sounds like you’re the one who doesn’t understand
people do not need their asses wiped for them. if its a scam they do not need daddy government to save them.
please in detail explain how crypto is a pyramid scheme
genuinely thisplaying that you are very ignorant to the ever-changing digital world. educate yourself.
how do you know that? what are your sources that bitcoin is used more than the us dollar for human trafficking? (psst... because its not)
would you rather we pay with dollars?
poly is a defi platform. the security issue was theirs alone. nothing to do with crypto as a whole. if the well timed hack forces this horrible legislation through as a kneejerk reaction by clueless idiots, we all lose.
lmao imagine having "blue lives matter" as your bio. fucking statist
laughing so much that this comment got downvoted. shows what kind of lurkers are here
thanks for your brilliant input. when are you running for office?
you could not stand what it would take to reverse climate change, you would not sacrifice any of the conviences you enjoy now. you do not have a clue on how it would affect your quality of life or the standard of living that you now enjoy. you would not like it.
tor: tor is a decentralized network that anonymizes users' web traffic by encrypting it and routing it through a series of relays before it reaches its final destination.
aoc is a representative, not a senator. are you stupid?
this is the problem with herd mentality. politicians, regardless of party sometimes have differing ideas. portman is a so-called rino. thus far these rinos have been marching lock step with the democrats, going against most of the republican establishment. but if it makes you feel better to say republican bad, more power to you. the senators who tried to stop this have come from both parties.
just because they are pro crypto, does not mean they are good politicians. aoc is terrible, not to mention how much she lies.
yet crypto in general has become a household name from 2009 and spiked around 2013 and now is almost impossible to avoid today even when not hearing about crypto till now.
but their political contributors might and the senators are just doing what they’re told. don’t know for sure, but it’s a common theme these days.
a second giant meteor: *hold my beer*
jurassic park 8: dinosaurs try and eat all the people…again.
if only a t-rex...
listen here you little shit ![gif](giphy39zp7oqeow5anlznk3)
that would be a better description cause these people are dinosaurs living in human age
r.i.p. 😥 you will be missed op. i enjoyed your posts too much.
first all the last supper attendees, and now op?? this world is a hollow shell of what it once was
it almost made me extinct
not necessarily. look what happened to mississippi when they voted for medicinal cannabis. some politicians do not fear outrage.
they are moon farming post likely tbh
if nominated i will not accept if elected i will not serve i have too many friends who currently serve and who have served in the past i would not want their lives plus i am the type who would take a bribe from a lobbyist and then say he only gave me half the amount and turn him in for bribery
he is too young. maybe in a decade or so
it is true, but generally i try not to let their youth and inexperience and lack of knowledge cloud over what they think they are trying to say, and hold it against them
agreed. my father is in his late 60’s but he gets crypto and is a serious investor. age isn’t everything.
thanks. i'm not a billion years old but compared to you lot i'm probably ancient. struggling to understand what bixby wants from me, but hodling crypto like a motherfucker!
no thank you. by the way the israeli knesset voted today to issue 3 yr bonds tied to the value of bitcoin. and they are all old farts like myself
hell i may thisappear before that, the way ada has been treating me today. i got in .16 a few months back
all it takes is hard work and determination
give me a month
i'm old enough to even remember when al gore invented the inter webs...lmao
ada 2.40 by the end of the yr. 8.00 by the end of 22. and in 5 yrs .75.
do you have any info that proves she is a female?
investing has all i have done (retired at 45) since 2001
consider me the yoda, an old sage full of knowledge but not full enough to learn more everyday
and those advisors remind them that they are still beholden to the banks.
it's more out of bored fascination than anything. i mentioned it a few years ago, after he retired now he trades off and on. he bitches about musk a lot. just wants him to fuck off and leave crypto alone.
hear hear! a young person with some sense!
i'd bet my whole portfolio. took me more than 4 hours to explain the basics to my dad xd
not to mention they have countless advisors in their offices. they do not understand the tech but they understand what they are doing
i think she did just not in the exact words i seed it as.
exactly...that is my point
that's the problem. younger generations should participate more or stop complaining
over 65-year olds do not make up such a huge majority of population that they alone can decide 5, that is the thing. if younger people fail to vote, or choose to vote for the so-called dinosaurs, they might need to look in the mirror too.
start participating in the political system or stop complaining.
voting do not matter anymore. elections are a joke.
well if these were your best options ...
in that case, they are against it because they can’t figure out how to buy it! 🤣
lobbyists on behalf of big banks would be the first place to look
i hope to god not
they are in that “pile of poop” scene in part 1
adapt like the mammals (cryptonauts) or get wipe out by blockchain tech
nice meteor… i mean, metaphor
we probably wont understand the new thing then, hell i barely have understanding of crypto, but i like to think i wont be a fucking old as luddite.
aww. i like you too
i know, i'm just frustrated and sad on their behalf
my point exactly. not age but mindset.
i don’t really agree or thisagree with this, but where is this info coming from? looks like a lot of anecdotal evidence
you are making huge assumption thinking every single older person is ignorant about current state of things.
awfully generalized accusations. remember that boomers invented most of the technology being used to mine crypto.
it is not about age but about the mindset, please. bill gates is 65, would you advocate that because he is past that age, he lives in the past?
i know what you mean. banks have ruined the human future that was meant to be bright. but crypto as an industry does need to come up with some kind of guiding mechanism where price is a coin does not halve in few hours or quadruple in a course of days. we all know that kind of profits are not possible in todays market and it is just a mechanism to defraud simple and innocent people by giving rise to their greed
reading the amendment from papyrus rolls
then you shouldn’t focus on age but more on the lack of knowledge in your title.
ok so i do not know how this bridge thing works and i've been told it holds in the air to go over bodies of water... kinda stupid because streets get flooded why even bother. also my car kinda heavy i doubt these "bridges" could actually support it. let's outright ban them.
i've never understand why a president is limited to 8 years but a member of congress or a senator can easily do 40-50 years
lol crypto currency is your way to make money. cant relate m8. have a career and actual investments.
sure, right after you go ahead and explain what bitcoins are and how they’re made like i asked the first time around.
not all crypto uses a shit tonne of energy
proof of stake blockchains like ethereum and cardano require much less energy than proof of work. the solution is to improve the crypto space and find ways to cut down on energy usage, not to shut it down or stifle its development.
well that’s another thing. there a billion of them now. all claiming to be viable. but, to be honest, i don’t know anything about those two.
yep, calling everyone you do not agree with a boomer is sure to get your point across and will definitely lead to mass adoption of crypto.
i’m just saying that they have no excuse for being uninformed about crypto technology
there is no link in any of those sentences
tell me about it. they all belong to the cult musk. they not actually my friends. i just work with them. they kept telling everyone how they going to be millionaires. they bragged about leaving us behind. we had a meeting, that told us to cool it with them.
well, fraud is criminalised, and some people are vulnerable. would you say the same of a fraudster scamming your elderly grandparent?
funny how ‘educate yourself’ in relation to crypto is invariably an indirect ‘find out why you should buy it so that the value of my investment increases’. ignorant of what? a serialised currency? woooooooweeeee that’s real sci-fi shit right there.
crypto as a whole has a terrible security record. the largest financial hacks have all been crypto, and they are only a small fraction of the financial system. it's not a freak occurrence , it is a very well-established pattern.
as name, not as bio. even worse.
not like you have much of choice now, do ya?
the only reason you think portman is a rino is because he thisagreed with trump. you mention herd mentality yet republicans are kicking out members of their own party for failing an authoritarian purity test.
yeah i agree. they are just puppets imo.
this one would spark joy
2022 is coming up fast...
these weird dinosaurs are eating my pocket
and came back from the grave.
i respect your honesty dude.
he will just reach age requirement at this point
i do sort of despise how everyone is making age the sticking point. assholes come in all ages, creeds and colors. and if you want me to find a bunch of 20 or 30 year olds who know almost nothing about crypto, i could just talk to friends or poll strangers on the street. we need to hold our noses and start lobbying stronger (in the us and abroad really). the unfortunate truth is that money buys senators' time to listen and if we do not pay the money, they do not have the time to learn about it.
i'm 28. can you see why someone my age would have a hard time respecting someone who writes off everything that comes out of my mouth because i'm not old?
hah! classic reagan move. i see what you did there!
remindme! 500 days "is ada at .00 or even close?"
nope haha, i just find it hilarious that this conspiracy theory has such staying power. and i consider myself a pretty big conspiracy guy
lol atleast people of all age agree
absolutely, this shit is complicated shit. why else would so much of the crypto world focus on shitcoins instead of daos, protocols and forks? this is not just memes we are buying this is a whole world being built.
not really, the under the table payments are not recorded.
there's plenty of millennials and gen z who do not understand crypto and think it is all a scam. they would not learn until the world has adopted btc as its reserve currency and the value of fiat currencies tank when institutions no longer vacuum up all the money the central banks are printing. and then it will still somehow all be crypto currencies fault that they are poor (and rich people's fault too even though the first time i heard of bitcoin it was some guy in college mining in his dorm room).
yonger generation needs play at front foot!
unfortunately it is so rigged it does not matter and leads to complacency
oh okay, so should i vote for the shit sandwich or the roadkill burger? meaningful participation in a system designed to remove choice is a fantasy.
that's just it, the younger generation only complains. they gather around on social media, beat off and yell boomer and wonder why nothing changes.
we do vote but participating in primaries and campaigning is what puts forward candidates that we can vote on, and right now those candidates are dinosaurs no matter what. to campaign and fundraise you need two things: time & capital. young people are busy building families and having jobs, and have nowhere near the capital of older gens to invest into politics. the system is skewed no matter how we vote. ffs this last election our options were two senile dinosaurs (one of which is still bragging about passing a senility test) and we picked the one that was less likely to randomly nuke a country.
when every candidate is either bribed or threatened into compliance it does not matter.
this is such a bullshit comment - yea, get mad at students and grads who are working dead end jobs while trying to stay afloat. how about the system stops sucking everything from it is people. how do you want them to vote when lines are hours long and it is vote or be fired? the system tried to making voting by mail illegal during a pandemic...the system is designed to work against the lower class.
they going nuts on what is a seed phrase. 12 words too much for them
i’ve read it in media articles and have heard it for years. anecdotal or not, my response is based on my personal experience. there are many who would agree with me too 🤷🏼‍♂️
not “every single older person” by any means, but a highly significant percentage. look at the ages of virtually all political leadership in the world, not just the u.s. they’re boomers or 60+. look at the leadership of most of the biggest legacy corporations in the world, especially the corporations that pollute the most. they are led by 60+ year old capitalists who care nothing about the planet and the people, and only about wealth. the 60+ generation by and large is addicted to the accumulation of wealth, so much that they die with multi millions in their banks accounts. it is the generation of environmental destruction. it is the generation of denial of science. it’s the conspiracy theory generation. it’s a generation that has intensely propagated division and thiscrimination. it is the “we know it all” generation and “because we have so much wisdom, we have all the answers and know more than you do, because we’ve lived longer.” this is a generation of people who care little about health. the generation that advertised that cigarettes were healthy and sugar should be in every food. it’s the generation of fast food at the expense of quality food. now it’s the same generation fighting against solar, wind, and clean energy because it wants big oil and coal to continue to prosper. the oceans are more polluted than ever. we have chemicals in the water we drink. the ownership of guns is more important than the right to life. now these old f’ks want to impede crypto for no other reason than they want the old ways to stay the same. those same old ways that keep poor people poor and more wealth in the hands of the ultra wealthy so they can control the government with their legalized bribing, aka lobbying. it’s thisgusting and old people don’t care one bit. they are the “what’s mine is mine” generation. sick of a whole lot of them because their control and leadership has put the world on the clearly visible brink, while ignoring the reality of what they can see with their eyes.
you have my vote
>but, to be honest, i do not anything that's where your comment should have started and stopped. even as someone in their mid 20s and quite competent with current technology i struggle to fully understand how some cryptos work. i understand blockchain and a lot of the basics so to see someone say >crypto invented a problem to solve that didn’t exist unless you live in a country with extremely poor fiscal policy. only proves your ignorance and incompetence on the matter. you might be an expert in this or that field or have vast knowledge of some financial systems but you don't understand crypto at all in anyway shape or form. maybe before shooting something down take the time to atleast gain some understanding
imagine trashing the youth but still typing like a middle schooler
they may have seen it develop but they’re at a point where they’re resistant to change. new opportunities are scary and you can either accept it or fight to keep it status quo. [remember the same things were said about the internet.](
ahh gotcha. i agree completely with you
where are you getting this logic 🤦🏾‍♀️ people launder the american dollar all the time! should we stop making money with that too?
you care so little you go into a crypto sub to post about it sheep
society should not be setup to safeguard the lowest common denominators from themselves. it only brings everyone down. people have agency and responsibility.
i find it interesting that you alter my comment to fit your description. if i thought you should buy, i would've made that suggestion. i did not. very sure that your hostilic comments represent your negative personality. which is fine, you do you. and yes, my friend. a lack of knowledge on something means you're ignorant. i'm ignorant of many things as well. there's nothing wrong with it. i just do not go around spouting my opinion on things i lack knowledge on. also to reflect on the begining of your comment. how would you investing, increase the value of my investments? i have doubts that you alone can make a massive enough buy that would increase my investments. also, you do not even know what's in my portfolio. i mean this genuinely, all you're thisplaying is your consistent ignorance. enjoy your negativity.
my crypto is very secure. unless you know my private keys, you would not get it. however i agree, the hacks on exchanges is a problem that needs to be addressed.
no i think that portman is a rino because he constantly sided with the democrats. i still remember when politicians occasionally worked together for the betterment of the country. those days are long over. that’s why republicans are being thrown out of the party. the old school neo-cons aren’t as welcome anymore since the party took a turn for populism. and since the democrats would rather let the country burn than side with republicans on anything even if it is beneficial, guys like portman are no use to the republicans.
in spirit form. not in "old man who does not like change" form.
the other half of the bribe i would invest in crypto
see? he is not meant to be a politician after all
i mean when new technology and ideas come out there is as much merit to the assumption that old dogs will thismiss it out of a jaded "been around the block" mentality as there is to the assumption that a child may not have the world experience to understand why it is important. i've noticed a similar thisposition among teenagers and older folks where they tend to feel like they cannot be taught anything new. obviously massive generalization but we've all run into the know it all who will use their older age to thismiss your youthful naivete.
so you're saying, let's play the game by it is rules. i'm in!
we will see. some say over 750 in 5 yrs or 10 x my prediction. i try to stay conservstive
google michael robinson and look at the pictures of him and his bf
haha yeah. just stick to improving your car's, not being self proclaimed crypto king space cowboy.
its complicated because it does not do anything right now. if you just look at blockchain like a large private database stored on many nodes hosted by many people ... its like... oh! of course! the fact that it pays you in coins is a weird thing - but essentially thats all it is. "thanks for helping host this data, here is your coin" of course - web3.0 is going to flip that simplicity on its head.
so after passing this law, they will go aw shucks and stop under the table payments. sounds like a foolproof plan!
lol most of people whining here are obviously more than 18 years of age
there are more millenials than boomers. add in the zoomers that are voting age...
i understand the situation here but the real problem is the lack of participation and representation of young adult people
you are right, it is not easy but we have the internet, social media, crypto. we have more opportunities and tools to react
to be fair i do not know how the senate elections works in the us, my point is stop complaining and start doing something about it
username does not check out
i'm saying that those who are complaining that lack representatives in the political scene, should find representatives...or do nothing and enjoy the system that *is designed to work against the lower class* (as you correctly mention)
very true! old people still want to use a physical key, they are afraid of changes!
so instead this post should have been about career politicians and not age. we agree on that.
my knowledge about crypto isn’t vast. i’d say it’s lacking. but i do understand what it is, and how it works. and i also understand why folks are against it, like the ones the op pointed out. what is it useful for? can you justify the amount of money and speculation going on right now regarding crypto? it seems like a lot of folks are determined to prop it up as they have foolishly poured their wealth into it. and i do understand that many others have made fortunes doing just that.
jeez if you all act this way i'm deleting it. i do not know why thought some of you wouldn't be idiots
how does legislating against scams being anyone down other than wannabe criminals? if society didn’t legislate against assault i could come and beat you up.
> and since the democrats would rather let the country burn than side with republicans on anything even if it is beneficial, guys like portman are no use to the republicans. they never bring anything to the table except bullet and talking points. what should democrats side with them on? banning transgender kids from school sports? they said "repeal and replace" for 12 years and theres still no goddamn replacement for obamacare, which ironically, was their plan passed by romney in massachusetts! the only thing we can count on republicans for is jingoistic bullshit and a list of everything they are against but nothing that they are really for except tax cuts and more military spending. they dont care about paying down the mortgage, they just want a new fucking hummer in the driveway. the problem with democrats is the cave and compromise on everything for the sake of process and saying “see, we did something!”
about rob portman: "portman announced in october 2016 that he could no longer support donald trump after the release of the “access hollywood” tape in which the gop presidential candidate bragged about assaulting women. yet after trump won, portman did support him. he compiled one of the most pro-trump voting records in congress, voting with the president’s positions 88.3 percent of the time. that’s actually higher than trump lickspittles rand paul (r-ky.) and lindsey o. graham (r-s.c.)." jim thune is also the senate minority whip (the ass kicker). look around dude, yoiu're parked in the middle of the herd.
yes. i think crypto will only grow with people behind it. the more people they are the more powerful it will be. but that is what these institutions know and that is why the government is pushing to down so that it does not go to the people. but stay within the elites and politicians. they really do not know what they are doing and only trying to kill it. but they fail i hope.
came back as a 33 year old chad.
you are not the man we chose, you are the man we need
you'd be transparent as a politician. that's the kind of corruption i can stomach!
i agree with that. but even the old should make peace with the fact that the world changing is a constant truth and that which truly ceases to change tends to be dead and vacuum sealed. in my experience (that comes with age), anyone who sites their age as an argument is wrong or just lazy. neither of which do a good job at moving forward an argument. also this is the reason why i wish to grow old but not to grow up.
google seems to have censored it, nothing comes up but pics of "michelle"
and most have never voted because "elections are useless"
it's a mess, actually. the constitution was not written with powerful political parties in mind. in most cases, the laws only apply to the election itself. however, the problem is with primaries and the party system. in many cases, the parties are free to choose whatever candidate they want. a candidate who is not picked is free to run as an independent - but now they are "stealing votes" at the main election, and this increases the chances of the opposing main party winning. an example would be if sanders chose to run as an independent in the 2016 or 2020 presidential election. anyway, the party of the incumbent almost never holds a primary. they can, and it is happened before - but it is rare. what this means is if you have a democrat senator, your only practical way to get them out of office is to elect a republican. even if both parties are having primaries, many states have a "closed primary" system. so only registered democrats can vote in the democrat primary. conversely, democrats and independents are excluded from the republican primary - which is how we got trump in 2016. primaries have even worse participation by young people than elections themselves, but they are arguably more important than the election itself. the system is trash, and the lack of participation only makes it worse. successfully winning primaries is the key to getting the correct candidate on the main ticket. this applies whether we're talking about senate, president, or any other election with a primary.
right, the whole “bootstraps” thing. no matter how complicated the actual issues are, we can just blame the victims of the corrupt system for not trying hard enough. cool.
you say this >well, my knowledge about crypto isn’t vast. i’d say it’s lacking. but i do understand what it is, and how it works and in the same sentence say this >what is it useful for? can you justify the amount of money and speculation going on right now regarding crypto so your knowledge of crypto is not lacking its outright nonexistent. now that we've established that take a look at what crypto is currently doing according to my knowledge. firstly is the most general one [bitcoin as legal tender ]( secondly we have [cardano doing work in africa ]( and lastly i leave you with [this]( a website that shows many different dapps being developed and promoted. you can click on any one of those and then just search what it is used for. these are not very elaborate answers to your question i know but it still proves my point that with a basic search you can find a plethora of answers. so your lack of knowledge can be easily satiated if you actually wanted to learn anything. just because you cannot understand the value of crypto does not mean there is no value in crypto. do you honestly believe massive corps and billionaires would be putting hundreds of millions ? and lastly, can i justify the amount of money and speculation going on right now? no, absolutely not, and i do not need to either. as far as i'm concerned my money is put into projects that i believe will thrive in the coming decades, so even if the entire crypto market crashes 99% tomorrow i do not care because i know in 15+years those projects will be flourishing and so will my money that i invested.
crypto (monero xmr) is useful for decentralized uncensorable untraceable transactions. if you do not see the value in that, post your home address right now since you do not care about privacy and freedom.
i’m really not, it’s just your post sounds ridiculously uninformed
the jewish chad. well alright. -hank hill
safebribe is your new crypto token? sounds like a winner! when’s the launch, i have value paper with me!
is that legal? not the corruption part, just the transparency about being corrupt?
young generations will never change i guess (me including) 😔
this is so true, i hope in the future more of the younger generation can get out and vote. i'm confident in the next gen.
biden is older than the last four presidents. not "last four presidents at inauguration" but right now, the four peeps are alive and are younger than him.
so, what you are telling me is that young people are thiscouraged to vote because not enough young people vote to change political momentum? sounds like a real chicken or the egg kinda problem.
damn it looks like a mess
>we can just blame the victims of the corrupt system for not trying hard enough. cool. wake up and save yourself. no one will save, there are no heroes. that's all i'm saying
now you seem thoroughly ‘in the woods’ so-to-speak. this is delusion. these are all things dollars could do, but haven’t because they don’t need a pr machine to further speculate and inflate value. billionaires might put some wealth into crypto, but only because they want to catch the upswing and cash out before it dips. more power to them. of course, all investments are like this. but at least is most cases that money is actually *doing* something. money does *work*. that’s a basic fact of economics. if it isn’t doing work, it rots. if it isn’t doing work, and it’s climbing into the stratosphere, you can bet your ass it’s a speculative bubble 90% of the time. so, your bet seems to be: it’ll be useful in the future, so i’m investing now. $$$. that’s a good philosophy. but there is still question of its *true value*. no one knows what that is. i believe it’s inflated. you don’t. simple.
that’s a valid argument. but it’s a minuscule amount of privacy we are talking about here. i can tell you that the vast, vast, vast majority of transactions i make are of no interest to anyone. no one is looking, no one cares. the problem with ideologies like that, is that they always become arguments about absolutes i.e. “i want absolute anonymity, i can’t give an inch.” sure you can. just be vigilant as you’re doing so. so, while i see your argument. i, personally, can’t see the value in it that others have placed there. not saying you’re wrong.
i actually pointed out the democrats came up short on obamacare by passing romney's vision for it. you intimated that republicans have good ideas but democrats never work with them. name one of those good ideas. and am i really the zealot here? you're the one saying jim thune is a rino because he supported something you thisagree with. he's the minority whip of the gop and he would end more than your career if you said that to his face. the only reason you think you're wasting your time is because you cant defend your own positions.
hank: yup dale: yup bill: yup boomhauer: yeahmanthatguyrockssomuch.
we vote them we support them!
man, i wish you lived here so you could inspire us lazy good-for-nothings. can you visit? i feel like we’d have this whole thing fixed within 24 hours of you stepping into the airport
what you and i believe still does not detract from cryptos are currently doing. there are uses for it, whether blockchain is used to verify legit physical products and root out forged ones. same can be done for verifying documents and medical records. [a quick duckduckgo brought up this. ]( dollars do not need a pr machine. there's already a machine printing physical dollars that is been working overtime ever since usa decided to detach usd from gold in reserves. crypto is currently being used, and even in its infancy, its flourishing. you can choose to believe it or not but your beliefs do not change the current truth that the crypto market is the next killer app whether it be as a currency or some other dapp or defi
if you do not care about privacy, just do not close the curtains when you have sex. just because you do not think your transactions hold any value, does not mean other people do not either. you could leave it at you not valuing privacy, but do not talk about me valuing privacy and anonymity as if i'm an extremist. nobody says "i cannot give an inch", but we do say we wish we did not have to give an inch. there's a difference. if you are looking for a reason for you personally to like crypto over fiat, then here are two more points. - fast, cheap international transfers. good for family over seas. okay sure you may only stay in your country. in that case you can send any amount of money to friends without them needing a thrid party app. in canada etransfers are integrated to banks but have limits. in usa csshapp paypal are third party apps. you also do not need id to own monero, unlike a bank account where you need to be verified. - controlled inflation . the government cannot devalue your crypto, only a consensus of the crypto network can. oh and by the way you need to realize i am speaking about the utility of crypto not the speculation. i'm just responding because you painted all crypto as being speculative when people like me exist who value utility and do not care about price although it is comforting. i 100% agree that 99% of people in crypto are ignorant or just speculating. only 1% actually use it properly but are using the wrong one because they do not know any better.
got dang ol' talkin bout ol' term limits, man.
i do not know where you are bro, and i truly believe you. i was born in a third world country, experienced civil war, being immigrant in two countries, facing financial & political corruption you cannot even imagine that exists, racism & thiscrimination on a daily basis. i'm not calling you *lazy good-for-nothings*. i'm trying to tell you that **things will not change if you do not change it.** take it as a wake up call, advice or ignore it 2 cents from a stranger
i don’t mean to detract from it. but people are investing dangerous amounts of personal wealth into it. just last week i went to do some maintenance on a massive (in my experience) crypto farming operation in walla walla washington. this apple farmer had no clue what he was doing or what it meant. but he had gotten to the point where i could tell that for him, it couldn’t fail. if it did he’d be toast. that’s dangerous. people often cite the decline of the dollar after its decoupling from gold. this was intended to give the government more control, but it wasn’t insidious as most people think. a stable, low level of inflation is *good* because it incentives people to spend or invest intelligently, rather than horde cash. if your dollar is going to be worth less next year, you’re more likely to make it do work that will outpace it’s devaluation. or spend it.
limited use, in the scheme of things. that can be solved with legislation, if legislators have the willpower to solve it. also, i didn’t say i don’t value privacy. i said i’m willing to give up a minuscule amount of privacy here and there if it means we all benefit from a system that makes it slightly more irritating for criminals to thrive. i already touched on the devaluation thing in another comment. devaluation is useful if done slowly and predictably.
gotta love boomhauer. can't understand a word he says but he says good stuff :)
wait, so did you fix all the racism and corruption in those places you’ve lived in, or no? i mean you must have fixed all that, right? i hope you told them what you told me! how could you have a civil war in a place where everybody tries so hard and is so...woken up?
an apple farmer had a large btc mining rig and he had no idea what he was doing? i feel like there is important parts you're omitting from me and probably some even more important details that the farmer is not telling you. if i had to guess this farmer must have put in a few thousand . now the farmer may not know that the rig will pay for itself but you do not throw that kind of money at something that you do not know anything about and do not know what you're doing unless he had gotten advice from a friend or family member and decides to fomo into it. honestly if people are investing more than they are willing to lose then it is on them, everytime i talk about crypto to my colleagues(it does not happen often) i make it abundantly clear that you should burn the money you invest into crypto, btc has crashed a few times already 90%+ since its inception and if people are not willing to lose 90% of their investment tomorrow just for it to grow 900% in 30 years then they should not invest into crypto at all. that being said countries and companies are still making use of crypto. whether it be for transactions or verification or some other blockchain use, crypto is being utilized worldwide and new use cases are being invented or current currency use cases are being adapted in the crypto space. streaming and gaming services or digital art or whatever the case might be are all growing
you do realize monero can still be uses for monetary transactions. right? i listed additional features not present in fiat but you think those are the only features. you're argument that the system irritates criminals is really dumb. criminals that use cash already survive. they use multiple people to deposit less than 10k cash to launcher money. hsbc was compliant in money laundering in mexico by the way. way to go for your system that supposedly benefits you and works in exchange for breaching a "miniscule" amount of privacy. i do not think you realize but you've done nothing to convince anyone of not using monero. i will use it, people like me will use it, it is useful, and you not using it just makes you look like arrogant. think about it. if criminals are using monero because the "system" makes it irritiaing to use fiat, then the people in the system are not criminals and are losing privacy without the system working. which means you'll be left as a dumbass paying the bank to reveal your privacy to only prevent criminals from using fiat. criminals do not need fiat, they do not pay taxes! also monero devalues slowly and predictably so you really should consider not being so close minded.
so let me get this straight, i'm basically trying to get rich on my crypto gains before that bubble bursts to transfer to fiat before that bubble bursts? and then what? redeem for real estate before that bubble bursts? bubbleception
the first unpopular opinion is a very popular opinion outside crypto community.
point 7, to be fair an average bank customer has no idea how a bank makes profit!
my unpopular opinion is that there are too many people on this sub offering advice on investments and their total investment is under “i’m all in on x crypto” but it’s actually just . imagine giving advice and opinions like that for the stock market with the same amount invested? i’m not shaming people for investing what they can. i’m just asking that people offering advice are honest about their smaller investments instead of using grand statements implying they’ve got heaps.
the average crypto investor does not "need" to have any knowledge of cryptography...
>burning supply to artificially pump the price is a giga red flag that's not the purpose of burning eth. eth is burned and base fee required to ensure there is no off-chain activity in exchange for transactions, mitigate mev, and help reach minimum viable issuance (which has always been the policy) this point in this list is not an unpopular opinion, it is just uninformed.
eth is not burning fees to artificially pump the price. it burns fees because it was getting to be a nightmare trying to guess how much you needed to pay to get your transaction through, so they went with a new mechanism that makes it very easy to know how much you need to pay. under the new mechanism, if the entire fee were given to the miner then miners could trivially exploit the system, so something else had to be done with most of the fee. burning is a simple solution that does not bring in governance difficulties. as a side effect, according to coinbase the fees are slightly lower than they would be otherwise. coinbase still issues some transactions under the old system, and says the new system saves them about 5% on fees.
ethereum is not burning supply though, their burn system is to reduce inflation since the supply is unlimited. there will be more ethereum in the future, but it is supply will increase so slowly.
we are in the roaring twenties again, and we are all just playing digital stocks this time around. i wonder if instead of stock brokers jumping out of sky scrapers at the end of the decade, we'll see cryptotraders jumping out of spaceships! in all honesty i think speculation is the cultural equivalent to a toddler putting a toy in its mouth to get a better understanding of what it is.
> 2) burning supply to pump the price shows how much you understand about eth
i didn’t get into crypto thinking i will be financially free, some extra money will be good, even better if i can pass on some decent money to my future generation. but i am not thinking it will make me a millionaire. i think most of us are just millennials and zoomers that missed the bank. crypto is something that belongs to our generation. most of us are buying a dream. who wants to wake up and face reality everyday ? for some, crypto could be their motivation to live and better themselves to get out of their current state. as long as one doesn’t get too greedy beyond one’s means. crypto can and will change lives.
> crypto is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first. “money is only good as long as people collectively decide to use it.” yea, no shit, that’s how money works. literally everything that is not procreating or hunter-gatherer activities is a social construct.
i agree but points on 4 and 7: 4: i do not think the idea is "financially free" instead of "availability of financial tools". i think many degens want to get rich quick, but the higher-level concept is financial tools and greater chance for stability and access rather than freedom. 7: crypto investors require zero knowledge of cryptography. you're being dramatic here. it's not necessary and should be irrelevant in the future. i do not know how computers work but i still use credit cards and paypal. crypto already is becoming and should be 100% user-friendly. there are still non-user-friendly problems that people need to be careful of, but cryptography? not necessary. nor is economic knowledge necessary. people should be able to invest in companies they believe in without being econ majors. just like with stocks today.
>if everybody is rich, nobody is um, no… economics is not a zero sum game, an innovative asset can make everybody better off. the theory that there’s some fixed amount of wealth in the world is called mercantilism, and it went out of style centuries ago
you actually want unpopular opinions 2.0 ? here we go the year is 1989: \- software is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first. \- creating synthetic shares to dump or pump the price is a giga red flag and will make microsoft lose market share to its competitors which will ultimately reduce its price (compared to what it could have been) instead of increasing it. \- if a software developer with the processor of the atari would release today it would be labeled a shitcompany and forgotten faster than the average time it would take to write a code, which to be fair, takes a while. \- software will not make everybody "financially free". if everybody is rich, nobody is. you just want to ride on the back of the people that missed the software train that then have to work for you if software really flips fiat at some point. \- its not enough for software to be "not as bad" as the traditional banking buildings. want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. \- the average software investor has such a limited knowledge of programming and!
you confused the word unpopular with bad.
these are kind of dumb
‘unpopular’ does not mean ‘valid’ or ‘correct’ regarding , the base fee per block is burned to prevent miners (or validators in the future) from gaming the fee market in their favour. burning supply for number go up is not the aim, nor is it guaranteed. it is a second order mechanic on the issuance of eth in relation to demand towards minimum viable issuance which has long been the aim for security.
for point 6 ... xmr? don't think it has ever been centralized even when it was bitmonero but could be uninformed.
you do not know anything about cryptography. not even the basics.
"if everybody is rich, nobody is" would you rather be an aristocrat in the 14th century, wealthier than most back then but still with 14th century dental, medicine, technology, transportation and life span? or would you rather be an average person today with your netflix, coco pops, and iphone? come on now.
life is a pump and dump scheme
an average bank customer has no idea how a bank makes profit!
is pretty much how oil works. it's different right now with shipping issues. but instead of burning it they just halt production.
i agree on most of your points but 3 needs more explanation. if a very similar coin to btc launches now whales will buy and hold most of its supply. btc had the most organic start which you cannot reproduce and it is very decentrilized. plus, it would be a redundancy if a coin with the codebase of btc releases today. what would be its difference?
7. this is not important, at all. how much do people know about fiat and still they use it? how much do people know about electrical engineering and yet they use mobile?
for the first time i actually belive this is a genuine post though i thisagree about crypto being a bubble i do like the post alot i like the brave and free opnion
> crypto is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first. crypto is money, got it. > burning supply to artificially pump the price is a giga red flag and will make eth lose market share to its competitors which will ultimately reduce its price (compared to what it could have been) instead of increasing it. no it would not. > if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin and forgotten faster than the average time it would take to make a block, which to be fair, takes a while. ok, but bitcoin was the first. > crypto will not make everybody "financially free". if everybody is rich, nobody is. you just want to ride on the back of the people that missed the crypto train that then have to work for you if crypto really flips fiat at some point. being financially free is not the same thing as being rich. no government can force you to give up your crypto, you are not beholden to any bank's interests or alignments. in crypto, i am the sovereign of my money and thus financially free. > its not enough for crypto to be "not as bad" as the traditional banking system. > want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. blockchains are the most efficient way we've found to solve the byzantine general's problem. further, ethereum is changing consensus to utilizing proof of stake soon, which means there is virtually no energy consumption to validate transactions. > every coin. decentralization is a process. judge a crypto by the effort it makes to get there. don't let the bitcoin maxis hear you, they might get rattled when they start trying to defend satoshi's massive hashrate in the early days that got him like over a million btc. > the average crypto investor has such a limited knowledge of cryptography and. right????
lol people don’t understand how eth is burnt. absolute noob shit
i'll agree with all of them except number 2, can i pick your brain about that one a bit more op? burning tokens is not intended to pump the price it is intent is to slow and possibly even completely stop inflation, most coins have burn functions but not all burn tx fees for sure, what makes you so confident about that point that it is a hill your willing to die on though?
point 7 is so bang on.
note: * point 7 as average investor: correct. * point 7 as average weighed by investment: not correct. similar points could be made about the other "opinions", perhaps with more nuance. nobody asked for it, though. nobody asked for that either, tbh.
i'm fine with this: ' crypto will not make everybody "financially free". if everybody is rich, nobody is. **you just want to ride on the back of the people that missed the crypto train that then have to work for you if crypto really flips fiat at some point.** ' it's the reason we have rich families that have their fortunes been made centuries ago.
point 3 to the moon basically! ' i have pondered a few times, in 10-20 years are people going to realize bitcoin has no value out of storing, and go thats a pretty poor effort compared to the other options, which is where eth could overtake it?
number 7 applies to regular money also lol
are there any good podcasts that i can listen to on crypto while walking my dog? i want to learn more i've been reading but i also feel like i have 20-30 min a day that a podcast would fit in great.
to your point 7, i agree, and am obsessed of those people, although i'm trying to understand these seemingly abstract concepts compared to regular currency. for an older fart, it is hard, i admit. but... we do not all have to understand it. for comparison, does, or did, everyone that invested in microsoft, ibm, apple, tesla, etc understand all the business case intricacies and financial status, etc, of that company? that's a big no. so why must we all intimately understand crypto to invest in it?
of course crypto is a bubble, that’s how the cycles work
all this makes sense if you do not think crypto can do anything other than be used for gambling.
here is my opinion on those points: 1. that's like saying food is a bubble, because the price of food has constantly increased over the years. no, its not the fault of crypto or food that fiat currencies keep decreasing in value every single year, which means that other items bought with fiat must necessarily increase in value. 2. but its not just "artificially" burning supply. validators receive staking rewards to secure the network, which increased the supply. burning the base fee will just offset the inflation to where it should be 0-1%. 3. absolutely true. 4. the difference is that crypto gives people freedom. it cuts out the middleman, the big governments and banks. instead of banks taking my money and lending it to you and taking all the profits, i can lend it to you directly for a fair price. 5. agreed. we are just in the stage of figuring out scalability in a decentralized and secure way. this is what's so exciting about crypto, because we see that it works, the only thing missing is better scalability. it's like living in the age of the internet with a 10kbps internet connection, all the crypto enthusiasts can see that if we just had a better internet connection (better scaling) then we could have all those awesome things like videos, streaming, interactive websites, etc. 6. absolutely true. 7. also true.
average car investor does not know a thing about cars yet they still use it every single day and is commonly a large portion of their expenses but is a part of their everyday life. what should scare you more is the lack of financial knowledge that americans and frankly most of society should have taught its youth but instead just use tricks of the trade to essentially corrupt the system and ride on our backs. we became the people who those people rode our backs to get to where they were. why? because my father before me did not understand investing or smart money. my mother, my uncle, my brother, my cousin. no one taught me investing or how to make my money work for me. this was never taught in school when i was there. tables are turning now. now iiiii understand the "tricks of the trade" of a new financial birthing. if they do not understand or get with it, they "ngmi" but in all seriousness. similar to how old people never care to learn about the internet. people will refuse to learn this new monetary wave, they will get left behind. food for thought. what do you think?
really dumb post, top to bottom. your opinions are unpopular because it is poor logic and humble-bragging. if you want upvotes for low-effort content, take a nude and post it on
hey, i'm number 7, just wanted to say hi.
what i have realized in both the crypto and stock game is that people sell on the lose spectrum because they get overtly obsessed with constantly looking at the price or graphs. it all comes down to self control, and self control and mental stability is insanely hard when you’re constantly looking at charts. i know this has nothing to do with your post but this post just made think about how normal consumers don’t really invest, and they are all about flipping stuff fast, to get the instant dopamine that this financial game has on the brain and 9’t hit. it’s the same thing with casinos. it blows my mind how casinos are still open and functioning when it’s known how they completely rig tables. i’ll never understand human nature, but at the end of the day, anything that relies on addiction will always make it, regardless of the downfalls on mental stability because we all love the danger and the fix of serotonin and dopamine it rewards the brain with. okay thanks for coming to my tedtalk. see everybody later.
and adding to 7: if you would ask here what s your knowledge, almost all would say: above average ;-) it s like if you ask car drivers how their driving skills are. they are all above average.
say you know nothing about ethereum without saying you know nothing about ethereum.
buy low, sell high. that's it.
"if everybody is rich, nobody is"... that is not necessarily true, and assumes that a) we do not have the collective wealth to ensure everyone lives well, and b) being "rich" has something to do with others having less (which actually does not \*have\* to be the case).
1. both markets are linked but the fundamentals are so different that you cannot predict how one will affect the other in a real crash. 2. a deflationist monetary supply is something that is worth testing after centuries of inflationist monetary policies. you cannot draw conclusions when we have nothing showing us how all those interactions will actually play out. 3. the network effect. if a website with the exact codebase of wikipedia appeared, people would call it a shit wiki, because it does not have thousand of people curating it. 4. it will everyone financially free to trade! which can lead to a better irrigation of money in the economy. plus those who hop on the train will always have their labor to offer to get those cryptos *or better than can create their own cryptos, like for a region or for a neighborhood*. there is no monopoly problem when everyone is free to create their own monopoly! 5. energy *has* to be wasted, as it anchors it into reality, those who protest that it is only 1 and 0s cannot also complain that it is anchored to energy. cryptos do not have to be dirty if the energy used to run them is clean, the market will decide if the expenditure of energy is worth, not some "well-meaning", agency. 6. fundamentals, fundamentals, fundamentals! if the fundamentals are centralized, the coin will never get there, by which process do you see bnb ever being not centralized, binance had *fundamentally* not interest to do that. 7. they will learn through successes and mistakes, as it should be!
just because someone says something with confidence doesn’t mean they’re correct. who even is this guy? he may be a 15 year old kid with his moms laptop
1. correct. but crypto has a few advantages and imho a better chance to survive that game. 2. actually unpopular and as an early investor miner and staker i do not agree. 3. forks for bitcoin release every day and people make millions playing pump and dump with all those self proclaimed crypto experts. 4. who did claim that? all i'm interested in is to finally decouple money from government. if i can make some profits because i was one of the early adopters of this idea what's wrong with that? money always was and will be pareto thistributed. but it matters if it is so by nature or because a few control it. 5. you're aware there are technical reasons for all of that? solutions to some of them are in the works. most banks still run on fckn ibm power. so maybe appreciate the innovation we have here. 6. define decentralised. is a network with 5 participants and 5 clients more or less centralised then a network with 10k participants and 500k clients? it's not as simple as you'd like it to be. what about geographic thistribution? system thistribution (hw)? 7. so does the avg. bank employee when it comes to the financial products they sell. it's not exclusive to crypto. it applies to any profession really. you just barely notice it in most cases because the one eyed man is king in the land of blind.
1) people who speculatively invest are investing in an asset they have speculations on. yep checks out. 2) eth burn was created to stabilize supply going into proof of stake to try to keep the supply of eth as near to flat as possible, not to deflate it. the idea is to make it safe to hold ether, the goal is that it does not *inflate* - deflation to pump price is not the goal, vitalik has openly thiscussed this. 3) true, but this is because bitcoin is more than software, it is the ecosystem. if we made "reddit 2" and it was the same as reddit, it would be shit, because there is no reason to use an identical product with no ecosystem. 4) true. it's been this way forever. people who do not adapt become the stepladder for people who do. wealth is not created, it just changes hands. every unit of purchasing power made by a crypto investor is a unit lost by someone else. it's the unfortunate truth and it is why crypto people tend to try very hard to get friends and family in early. 5) this is an uninformed statement. crypto mining uses sustained energy at an unprecedented level. most chains with high fees are heavily developing solutions that *will work* once implemented as described. high fees in today's world are the result of demand, it is expensive because people are willing to pay that price to stress the network. 6) literally just true. no comment. 7) also just true. people can make good decisions for stupid reasons, that is fine, it is apeing into completely undeveloped and redundant projects that wrecks lives.
> crypto will not make everybody “financially free”. if everybody is rich, nobody is. yup. they’ll be very few who make big stacks and there will be a lot more left holding the bag.
if everyone in the crypto space got rich, that would not make *everyone* rich. it would only make everyone in the crypto space rich, which is a very small percentage of all people. hell yeah i’m trying to get rich through crypto.
your point shows that you are part of the people that scare you in point .
crypto is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first. dumb - its a cycle get over it burning supply to artificially pump the price is a giga red flag and will make eth lose market share to its competitors which will ultimately reduce its price (compared to what it could have been) instead of increasing it. dumb - its economic security and introduces potentially deflation if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin and forgotten faster than the average time it would take to make a block, which to be fair, takes a while. ok - thats because its 12 fucking years old crypto will not make everybody "financially free". if everybody is rich, nobody is. you just want to ride on the back of the people that missed the crypto train that then have to work for you if crypto really flips fiat at some point. dumb - "everyone" is subjective not objective its not enough for crypto to be "not as bad" as the traditional banking system. want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. dumb - you gotta start somewhere every coin. decentralization is a process. judge a crypto by the effort it makes to get there. ok the average crypto investor has such a limited knowledge of cryptography and. dumb - same with the average stock investor. it doesnt mean they should be excluded from making tendies in conclusion: dumb with some ok
>the average crypto investor has such a limited knowledge of cryptography and. you say this after everything you just said. 🤡 1. no it is not. 2. what competitors, exactly? cardano? lol. solana? lol. polkadot? lol. 3. that's because...bitcoin exists already? what is your point? jesus christ. 4. crypto will make those who invest in it early financially free. nobody is claiming crypto is going to make everyone in the world rich? 5. lightning network *yawn* 6. ok?
weird. i seem to hold most of these unpopular opinions. lol.
i dunno about unpopular, should maybe be categorized as "truths we do not like to admit to or think about too much"
hey buster! i don’t know if you are aware, but these are some very unpopular opinions around here! mmmkay!!!
cardano = david ethereum = goliath ' do you see how this math maths?
i was agreeing with you until i realised you tried to use eth and got scared by the gas fee then took an urge to rant
8. stable coins are not stable at all. it’s like fractional reserve banking since they’re backed by a variety of assets including crypto. over 50% of all crypto transactions are to and from tether. if enough people realized 1 tether does not in fact equal 1 dollar and they cashed out at the same time, not all orders could be filled. there would be the equivalent of a bank run with no fdic to bail them out. this would evaporate liquidity in the market
the salt is real this guy hates crypto not bias at all. seems like a crybaby to me. if you don’t like crypto just don’t invest in it? not that hard. don’t push your crypto hating jargon on others. butthurt much? been over 10 years and i’m still waiting...bubble hasn’t burst
people who push crypto hard remind me of people who push mlms.
thanks for you thoughts here, i'll provide my feedback on each if you're interested. 1.crypto is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first. \- yes, kind of. depends on your definition of a bubble. some will pop completely trending to zero while others will probably crash and rebound. 2. burning supply to artificially pump the price is a giga red flag and will make eth lose market share to its competitors which will ultimately reduce its price (compared to what it could have been) instead of increasing it. \- i'm not a fan of burns because it seems a bit contrived but i do not think the average buyer cares. eth has a lot of competition when it comes to smart contract platforms that is for sure. 3. if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin and forgotten faster than the average time it would take to make a block, which to be fair, takes a while. \- perhaps if we're only thiscussing layer 1 chains technical specs in a vacuum, but this is irrelevant if you're looking at the big picture. bitcoin's base layer serves primarily as a settlement layer and decentralized security assurance, high speed is not critical for these features. lightning handles the fast transactions, sidechains handle defi, dapps, etc. 4. crypto will not make everybody "financially free". if everybody is rich, nobody is. you just want to ride on the back of the people that missed the crypto train that then have to work for you if crypto really flips fiat at some point. \-good point 5. its not enough for crypto to be "not as bad" as the traditional banking system. want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. \-fair enough. 6. every coin. decentralization is a process. judge a crypto by the effort it makes to get there. \-not sure i agree with this unless you're being very literal here. sounds like you're reacting to someone criticizing a coin you like. 7.the average crypto investor has such a limited knowledge of cryptography and. \-yes, 100% ' cheers!
here’s one: crypto has value for the same reason fiat has value: because we just agree that it does. and don’t give me the scarcity argument. because there is only one pile of dead skin scraped off the blister from my foot in the entire world, and nobody wants to pay me to own that. because everyone agrees that has no value.
my unpopular opinion is that crypto was appealing because it was supposed to fix one problem (centralized and regulated currency), which it did not, while also introducing more problems: ruined the gpu, and is causing so much energy waste. it's reminiscent of how ultra-capitalist we have become: it gives people with the most money... the most chance to make more money... at the cost of the environment. crypto may have have good intentions, but it is just a faster way for capitalism to ruin the world, and it is thishonestly using a veil of "freedom" and "sticking it to the rich".
unpopular opinion, eth sucks. so does cardano.
sorry but is just a wrong interpretation. reducing the tips given to miners has got nothing to do with valuation. ideally there would be no tipping at all to get your transaction faster. the only thing that is relevant is the security of the network, which basically means miner rewards should always be greater than the cost to do a double spend. in that regards, eth is vastly overpaying security to the point of adding no functional benefit. now the reason the eip was put in place has, again, nothing to do with value, but because fee estimation are especially hard to do, leading to poor user experience. if you can’t tell whether paying the gas fees will be enough to get your transaction is, it means algorithms have to adjust for this by overpaying to give a margin of error. so essentially, you’re complaining about the side effect of a better user experience.
thanks for actually having the motivation to make this problem clear for the rest of the cave people
6 and 7 are objective truth
here's the thing. crypto isnt just a currency. it's also the food for the decentralized system. if you want eth to run, you need to feed it eth. the thing is going to topple apple, microsoft, google, amazon, etc... as we no longer have to allow them to control the flow of information. this is democratized information flow, and to feed it, you need to pay in the currency that the system itself creates. trading to fiat, while short term, is missing the point.
>the average crypto investor has such a limited knowledge of cryptography and. you're not wrong. insert gif of ralph wiggum " \*chuckles\* i'm in danger!"
am i stupid to think that eth is more than just a fiat replacement? it seems to do more than just serve as a currency.
glitch in the matrix
i got one. every crypto is centralised wether people believe it or not. whales dominate every crypto out there. from bitcoin to scam coins. the market moves when they move. we bottom dwellers can only follow and hope we ride the correct wave.
i have to agree with 4. people just want other people to hodl so they get rich. as in everything in life, greed rules over all.
thing is, a lot of people have no choice but to take a risk. work no longer pays, banks barely pay interest anymore. stocks are so manipulated it is hard to know where to start. it's worth the risk to at least keep some hope alive, even if it turns out to have been false hope. what else do we have?
is hilarious. ever heard of stock buybacks?
1. kind of true, especially in the case of meme coins and some other top20 projects. still the whole market can go even several x from here before the bubble pops. 2. not sure why you consider it a red flag 3. 100% true, could not agree more 4. true 5. true; iota and nano are the potential answer 6. agree - it makes a huge difference if the project has the intention and means to further decentralize or not. that's one of the reasons why i prefer iota over hbar or solana. 7. true, but instead of "cryptography", i would go with "tech in general"
last time someone did a unpopular opinion on ada. that it will never have smart contracts. it fucking went from like .36 to .50… honestly this sub-reddit is full of. “i’m smart listen to me bullshit.”
funny how virtually all of these answers point to nano as the solution 1. ok this one is too general to be about nano 2. while there is a burn wallet, nano is fully thistributed. burning nano wouldn't be in anyone's self-interest at this point. 3. nano has sub-second confirmations 4. ok this one is too general to be about nano 5. nano is green and feeless. it is the only crypto i would want to use to take make payments. 6. nano's open representative voting (orv) consensus mechanism incentives decentralization... unlike pow mining and pos staking. 7. ok this one is too general to be about nano but sort of explains why btc is a trillion dollars and nano is .
> the average crypto investor has such a limited knowledge of cryptography and. i went to a financial advisor. he told me to buy life insurance, better car insurance, and have 50k in a savings account (at the bank he worked i'm 30. life insurance is . know what &p 500 is, after 30 years of 9.4% average? 1m. so 99% of the time, the 99 universes where i do not die before 60, it is a terrible financial decision. as is an extra "super duper" health insurance. as for 50k in a savings account... jesus. do i even need to? so much peace of mind, having that 50k making a whopping 0.000001% interest, while the bank loans it out at 14x leverage. i've work in fintech. i should have an above average knowledge of both crypto and economics. i have been told, multiple times, from multiple "experts" that i do not know enough to make a good decision. if i'm not qualified, well that cuts out the other 99.9% of the population. and you know what? i do not feel qualified. crypto is wild. economics is complicated. but god damn, the amount of money you can make selling someone "peace-of-mind" on an insurance policy they probably cannot even cash out without a multi-year long fight. i remember going to a used car lot at 19, having the salesmen try to talk me up to a 15k loan. because "what if". a reliable car is an "investment", do not you want to "invest" in your future? i remember colleges sending my parents pamphlet after pamphlet, and my parents begging me to spend a six figure non-forgivable loan on "any degree, whatever you're interested in". how many 40 year old communications majors are *still* financially crippled because of "invest in yourself"? my point is. these are the experts. this is the expert advice. these are the people and organizations and businesses that "know what they are doing". and trusting them can absolutely ruin you. for decades. and where's the "you lack expertise" argument there? you say you're going to college. have you do not a cost benefit analysis yet? you say you're thinking about a 2020 elantra. but you're not a mechanic! you lack a degree in business! how could you possible make a 20k investment, you have no idea what you're doing!!! see you in another 5 years, when btc does another 10.
wow... someone actually dares to write these down here? i did not dare at risk of being nuked to -700 or more, but here we are with you having 750 upvotes? wow. 1. yeah... eventually they will both crash and burn i fear. but in very different ways. 3. i really do wonder what makes a good coin... when it comes to actually using it, very expensive and cheap crypto are not nice to work with at all. and bitcoin is just too slow to pay with. i would honestly only use nano for payments, bitcoin just had more time to gobble up investments... 4. exactly, if in say 10 years crypto is the norm for wages , everything will probably go back to normal. the bodies of power that have fiat now will have crypto then and will still exert the same force over societies. 5. most crypto now is just honestly a "stocks" "savings" option. like i said, for daily use, only nano is to be used as is. but that is not where fat gains can be made. and sure, nft is cool and all that... i'm not saying it is all bad, but; unpopular opinion 8, i guess; people right now are only into crypto to get rich of it. sure, there are some people that want to change how the world works, but the big majority just wants 200 bitcoin so they can cash out and have millions on their bank accounts. 7. i do feel many people are not putting in the effort to teach people. the focus is always very heavily on day-trading and general investing strats. those in itself are something people want to learn, since it could yield money and the more you know, the more efficiency you can get out of your invested fiat. but the economical or technical background? those do not directly translate into operational steps that make you money, so they come last.
8. volcano energy and other new sources of energy does not make it okay for bitcoin, it only begs the question "why are not these energy put into existing things that require them"
someone’s woke up on the wrong side of the bed today
this is probably the best unpopular opinion: the lightning network is becoming so robust that all of the value locked in the lightning network will surpass the marketcap of nano in a few months.
tldr op made a post of unpopular opinions ...acutally got popular
> crypto is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first. if one totally blows up i'm almost certain the other is not gonna have a good time. but my money is on crypto because fiat has crazy inflation atm. > burning supply to artificially pump the price is a giga red flag and will make eth lose market share to its competitors which will ultimately reduce its price (compared to what it could have been) instead of increasing it. no it will not. > if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin and forgotten faster than the average time it would take to make a block, which to be fair, takes a while. bitcoin is working on ~12 year old technology. naturally, if you introduced that today people would laugh it off because it is not as efficient as some altcoins. but since it was the first cryptocurrency, it has major influence. not really getting what your point is. you wanna compare a 2021 phone with a 2008 phone next? > crypto will not make everybody "financially free". if everybody is rich, nobody is. you just want to ride on the back of the people that missed the crypto train that then have to work for you if crypto really flips fiat at some point. that is not what financially free means. financially free is when no third-party entity can control my money. my bank could freeze my assets tomorrow and i'd be fucked. with crypto there is no one who has the authority to do so. you're thinking of "financially independent". > its not enough for crypto to be "not as bad" as the traditional banking system.want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. there are coins that do not "waste a fuckton of energy". you do not need to pay for ice cream with bitcoin, but the beauty of crypto is that you can if you want to and the merchant accepts it. > every coin. decentralization is a process. judge a crypto by the effort it makes to get there. bitcoin is decentralized by design. did you even read the whitepaper? > the average crypto investor has such a limited knowledge of cryptography and. listen man, i work in the tech industry. however, i am not a cryptography expert. i just apply best practices for the software i work on. the idea that common people need to understand macroeconomics and cryptography to get into crypto currencies is ludicrous. many people do not even know how their fiat banks make profit, and they still use banks daily.
half of this post, once again, boils down to the same nonsense that short sighted people repeat over and over and over again in these types of subreddits. the fact that a revolutionary new technology isn’t in its final stages when it’s this early in its life cycle somehow means it won’t improve and actually become what so many people (including the thousands of people who actually spend their lives building the tech) believe it will become. it’s not that these are unpopular opinions. you’re just basically complaining the iphone 13 didn’t come out before the first iphone.
1. perhaps the bubbles are merging at some point? 2. agreed 100%. eth is still relatively centralized compared to other projects and the fee's are horrendous. the supply burn was a bad direction. 3. is actually an argument for bitcoin, bc it means that its value is hard to quantify. the value must reference something other than the mere codebase aka its own physical or digital reality. 4. the clue is in the term "freedom". nowadays you work for money and have to send a shitton of cv's about your own personal life and interests and pretend that you're someone you're not just to try land a job to make ends meet and 5% of your money is cut annully by inflation or taxed for rubbish activities you have no vote on. with crypto you can just grab a task you're good at or passionate about and directly compete for the better of the system. it offers better entries. people who pursue money are not all after "being rich" but being in control of their day, quitting their shitjob and making meaningful things. crypto provides freedom bc its decentralized and it eliminates "useless hierarchies", and leaves behind only relevant ones. 5. agreed 100%. 6. agreed 100%. 7. agreed 100%. but more young people are now financially literate thanks to crypto. 20 years ago most teens would not be into investment strategies. it's a good sign. on the other hand you have an older generation who has no clue wtf is going in the rabbit hole.
i'll add one: decentralization is a pipe dream and nothing more than idealism, and for as long as human greed (and humans) exist, it will never be achieved. because the powerful will always find ways to leverage said power to steer things into some form of centralization that profit themselves the most.
number 3 tells that op has very limited knowledge of decentralised computing, network security and cryptography.
eth fucking sucks. im trying to trade it on a dex and i keep getting hit with fees even sending it from an exchange to a wallet. and im not even talking a lot of it. i’ve lose about 20 bucks now just trying to use it lmao. it’s actually horrible. i dont have this much trouble or shit experience when using ada or one. and sending btc to a wallet takes fucking decades man btc also fucking sucks. great investments but shit when moving them around or converting
this is no what i need to hear first thing monday. boo! crypto to the moon 🚀
>crypto is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first. i agree to an extent. it is vastly overinflated compared to real world usage and value to humanity right now. >burning supply to artificially pump the price is a giga red flag and will make eth lose market share to its competitors which will ultimately reduce its price (compared to what it could have been) instead of increasing it. i doubt it. investors go nuts for reduced supply and eth has brand dominance. > if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin and forgotten faster than the average time it would take to make a block, which to be fair, takes a while. absolutely but we wouldn't have all the crypto projects we have now without it. > crypto will not make everybody "financially free". if everybody is rich, nobody is. you just want to ride on the back of the people that missed the crypto train that then have to work for you if crypto really flips fiat at some point. mostly true. obviously the people who got in early see the gains and those who are late do not but it does not make everyone late poorer in reality except by comparison. > its not enough for crypto to be "not as bad" as the traditional banking system. it has potential to be worse if it becomes a hybrid with the banking system it was supposed to replace. > want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. nano ftw i guess. > every coin. decentralization is a process. judge a crypto by the effort it makes to get there. agree > the average crypto investor has such a limited knowledge of cryptography and. very true. so many people are going to get badly burned.
number 3 is funny because it’s true. but there’s something to be said for being first.
all of them are popular opinions.
this was a good reading, nice opinions op even if we do not agree on all levels
how well do you understand the technology? are you a stem major?
nano is so underrated
>if everybody is rich, nobody is this is the dumbest thing i’ve seen and i’ve been on reddit for like half an hour. just because we make a killing when matuc explodes doesn’t mean ***everybody on earth** is getting rich. edit: this is a great grumpy post lol be well.
best post i have seen here in a while. good effort to counterbalance the echo chamber. thanks!
ugh you must not be fun at parties.
8. moons are a shitcoin and if any other coin was: * centralized, * not used as a currency, * has no proper use case but "comunity", it would be labeled as a shitcoin on this sub. but people make money so... "to the moon".
here’s another unpopular opinion - doge is here stay
4 and 7 are absolute truths. i don’t know if they’re a majority on this sub, but the maxis who talk about becoming “financially free” because of crypto don’t know how hilariously and abso-fucking-lutely naive they sound.
i agree with all except 1, 2 (kinda) and 5 is straight up just typical cringey redditor shit. all in all, decent post
and do not forget , dogecoin is pumping. crash imminent
>**burning supply to artificially pump the price is a giga red flag** and will make eth lose market share to its competitors which will ultimately reduce its price (compared to what it could have been) instead of increasing it. i agree with the **bold** for instances where burning supply is literally just done to artificially reduce the supply for no reason other than reducing it (like a lot of shitcoins), but i think eth's burn introduced with eip-1559 is significantly more nuanced than 99% of people make it to be. here's a good read of a paper published by tim roughgarden [ ' >if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin and forgotten faster than the average time it would take to make a block, which to be fair, takes a while. i do not think this is an unpopular opinion. releasing a coin with bitcoin's codebase would just be the millionth copycat that is not bringing value to the table. ' >crypto will not make everybody "financially free". if everybody is rich, nobody is. you just want to ride on the back of the people that missed the crypto train that then have to work for you if crypto really flips fiat at some point. i could be wrong, but i do not think this is an unpopular opinion. ' >the average crypto investor has such a limited knowledge of cryptography and. i mean, yes it is true the average crypto investor is probably less economically knowledgeable compared to stock investors, due to the viral hype that cryptocurrency has received in the last few years. you also do not really need to know anything about cryptography other than knowing cryptography is the method of basically making it so no one can realistically programmatically guess your private key (in today's world, whether the future will change that is up for debate), in order to see how that is a key factor in the entire picture of cryptocurrency. majority of people do not invest their money outside of any retirement accounts that are managed by the companies they work for. from my experience, a lot of people are very risk-averse, and investing their money is very stressful to them. if you are not already in the headspace of having your money work for you, you should not be investing in cryptocurrency.
sure it would not everybody rich, but it will make the lives of a lot of people in not so fortunate countries of the third world, a lot better. you can just play some faucet games and earn up to 10. which, if you dedicate 25days in a month to, still equals to 250. so i see it more of a way for more freedom and democracy.
number 7! i teach computer science at a school for up to 19 year olds and i need about 10 hours to teach secure connections with encryption, certificates and hashes. and that is even the smart students with an interest in computer stuff (you can choose if you take this class). now imagine average normal guy. it's a black box for most people.
more like ignorant opinion.
seriously, what real world problems did crypto actually solve right now? is it just me because i cannot see any at the moment.
holy shit this is the best post on here in months... so many people think crypto is a pnd overnight get rich scheme. nothing in life works that way. *time* is money, friend.
i agree with most of those points, especially the fees as well as the old tech btc is.
yes to 7. i’m no economic or cryptographic genius but some of you on here make me look like satoshi q einstein.
that’s a lot of words to say “i have no idea what i’m talking about so i’ll take a pessimistic view on crypto”.
point 6 actually makes sense.
i agree with 7, it’s not a flex that you’re taking 0 time to learn about your coins let alone how they work or whatever because you chase gains but still want the tech. i don’t flex being tech-illiterate like some people do, because that’s stupid. i don’t flex being illiterate either because that just means i’m stupid and i don’t care that i’m stupid. there’s nothing to flex about being in crypto if you take 0 effort to learn and like to joke merely about “i don’t know shit about fuck” for those who are serious. you are in a bubble, that’s the end of the story for that matter as well.
that’s a big ass cold drink of truth. (in a way)
u are crazy to think that mining is a waste, ' video games are a waste, christmas lights are a waste, human culture and lazy preferences are a waste, without fucking mining there would be no real world risk to provide power to the network, thats why if any btc copycat enters the market, whos mining? so its not secure energy is everywhere and we as human shit we are just belive its fossil fuel, people who doesnt understand energy grids shouldnt be speaking about efficiency specially hidro and solar, never ever they cared about "energy" it but when its a payment network they all go crazy ' go annoy fish and meat eaters
sounds like someone collected all the fud from the media and put it in a list
about point : go pick any older(1year+) account that is been posting on crypto moon shots and check out their post history... i do it for fun sometimes... there's 2 scenarios, either a complete gullible person actually thinking their 500 dollars in "chadcuckcoin"... or paid bots, shills, or devs... so many opportunities to get rich off other people's money, if you do not mind being a dirt bag...
on point 4, i think perhaps people's meaning of financially free is inaccurate. i think it is more correct for them to say it will be more liberating if crypto replaces the fiat, because the current monetary system is designed to keep the poor poorer and the rich richer. with crypto having the potential to be sound money, that in itself is liberating. but to say that if you are in crypto, you will automatically be financially free, then they are grossly misguided. on point 5, crypto is still in it is infancy and you can feel it is primitiveness, but it has to go through this mess before it becomes the solution. electricity took hundreds of years to go from an iron rod with a clay pot to where we are now. even though it was ridiculous to create electricity for a household with a clay pot, to slam it in it is infancy would have prevented the creation of electricity. crypto is far from perfect but each year it will get better and should solve a lot of current world problems.
crypto is the gateway to actually understanding. money makes money. once you start grasping that sentence you heard many times before and start learning the lingo and how trading works, and how the financial system works. then you are rich in the knowledge that gives you the advantage over 85% of the population, you well then start putting your eggs in multiple baskets overtime, crypto, stocks etc. also i do not believe the biggest players in crypto are bubbles, despite 95% of crypto is a manipulated wild west just like with fiat, you need to play smart in order to grow,. you need the 95% to make money, it is harsh but the reality is most people don\`t care about it at all or are too greedy, you live off both in a balance and dont aim for the moon, but tangable goals. i just started a few months ago after the big dip unfortunately, i only got a small amount in crypto, i have a set off goals to diversify my investments, i am not there yet, but start to understand slowely but surely the bigger picture in a very conservative low risk way.
yeah i agree with 2. supply burning is kinda sketchy
can someone explain point 2 in more detail
unpopular opinion: never buy crypto from robinhood
if a coin with the codebase of **any crypto** would release today it would be labeled a shitcoin and forgotten faster than the average time it would take to make a block. because codebase is not crypto. interestingly, same goes for usd (but add jail in there). also, copying biden's platform does not make me sitting president of the us :d
this is his opinion, what is with all these hate post. can’t even have an opinion now on this sub wow
i think it will sort itself out
agree with every single point you made here.
all of these unpopular opinions here are popular opinions outside 👀
i cringe when i hear people who cannot use your're correctly say *do you're own research*
1 yes, obviously 2 yes, obviously 3 first mover advantage and network effect, it does not matter "what if", it is there; also yes, obviously 4 yes, chad meme here 5 yes, obviously, progress is being made, no? 6 anything but btc is a centralized shitcoin :) 7 yes, good, more money for me
1. yes, the crypto market has boom and bust phases just like any other emerging market. this is not necessarily a bad thing if you understand investing is for the longterm. i recommend learning about [gartner hype cycles]( 2. i assume you are referring to eip1559 which reduces ethereum fee volatility. perhaps you should justify your claim rather than assert it without explanation. 3. this is true, but we must also take into account network effect. a network that no one uses has no value. see [metcalfe's law]( 4. crypto certainly would not make everyone rich, but it will create a fairer society with less room for coercive business practices. it will also make the economy more transparent and efficient, which will benefit us all. 5. it's unclear what you're complaining about here. most projects in the top 100 are energy efficient. bitcoin is the outlier and does not represent the sentiment of the overall industry. 6. agreed. 7. agreed.
this guys second point is that vitalik is going to pos to artificially pump the price. just ignore anything this guy says
upvoted, refreshing to see level headed posts that do not merely parrot talking points for moons
financially free does not mean rich, means you do not depend on banks and governments for financial services. if you use a dapp you will stop thinking it is a bubble, this the future of finance is here.
bubble yes! but it’s a repeating bubble this is why it’s the best assetclass in the world.
well this escalated quickly 😳
it's not like we've not heard these unpopular opinions already.
some basic bitch fud in this post
alright op show us your portfolio
never listen to your friend who tells you to buy this
7. the problem is that people treat cryptos as an investment, that is the real problem
only 7% of people in here have actually read the [whitepaper](
holy hell dude, e dry one of those opinions had me nodding along vigorously.
don't do this to me ;(
it's so easy to criticize. but it is hard to solve the real world problems of crypto. bitcoin was still the first to solve the problem, for that it is a genius invention. > do not waste a fuckton of energy wow, so simple! thanks for that!!! . i'm glad you've solved the trilemma!!! care to share it with us, genius?
your second point is flat out wrong . value does not equate to market share . if you think burning eth is going to lower the price you’re in for a surprise buddy.
let me share a controversial opinion you are actually suppose to buy low sell high and not buy high sell low
a pill not so hard to swallow.
burning supply makes more sense than having a fixed supply cap yet they mostly serve the same purpose. eth has a superior network effect to all other competitors and that is why it is the top altcoin.
you sound fun at parties
hype is more powerful than a crypto with good plan and eco system
it was a very strange post. i did not know what to say
it is halloween so be scared
lol, all of these screams surface level understanding.
everyone cannot be rich. but everyone deserves financial stability at the very least. everyone should be able to afford the basic life necessities without forgoing one for the other. and good post
idk about 1 but i'm with you on most
: so? plenty of people buy groceries or invest in 401k's without a degree in macro-economics or the ability to build a press and print money.
number 6 is the most truth a lot of people miss. nothing starts decentralized. it took bitcoin years to be properly decentralized and still has major mining regions that flock to cheap energy.
about part one, i do not think fiat is competing with crypto, it is competing with china. ironic seeing as china banned crypto exchanges for the umpteenth time recently
now that these opinions have become popular my inner edge-lord is telling me to do the unpopular thing which is be a bull now. to the moon baby! anyone scrolling through my history will find this humorous.
1 is right, 2, 3, 4, 5, 6 and 7 are wrong.
crypto is gambling played by rich men to loot poor men
idk about 7 being scary. you know a fair amount about a subject now you realize how little the average person just dabbling knows about that subject i think that would be true about anything you immerse yourself into. baseball cards or collecting classic cars
bitcoin will be decentralized soon. it's only a matter of time who's behind the gate - microsoft or google servers.
the good thing about opinions is that most people do not act on them!
‘if everybody is rich, nobody is’ sounds like a good thing
add to this list: \- if the market is crashing 10%, crypto will crash 50% \- crypto is not an inflation hedge
all these are true
that last one hurt! i'm pretty ok in economics, but in cryptography i'm clueless. 3 is not unpopular i would say, bitcoin wouldn't be anything special in this landscape.
speaking of limited knowledge ecdsa was never formally proven, apparently.
1) i'm a bit cynical so i agree. if anything, banks will push something they have made themselves and use their size to pressure businesses to not accept cryptocurrencies like bitcoin. i am surprised they do not already. 3) such is life; our needs, demands, and standards are greater now. we already have a bitcoin, we do not need a second one that comes with none of the security or acceptance, so what do you have to offer? nothing? just a bitcoin clone? yes, you're a shitcoin. 4) i do not know who thinks otherwise. i think it is just bad communication. when spoken here, people speak as if they are assuming we all have a hold in bitcoin, for example, so when "everybody" is mentioned, the context is "everybody in the cryptocurrency community". it also could be financially free means none of the suffocation that comes with country backed currencies, like toxic taxes that comes up *every* time it travels around for circulation. if i paid taxes on my , people i give it to probably should not be expected to pay it either. it is idealistic, as in not realistic, but i'd go as far to say modern day taxes are lazily and sloppily executed because it is good enough to tax those that have no voice on how and who it should be done and to whom. so while i might not have a realistic solution, i do see a clear problem, and while cryptocurrency will hurt the government that is not my concern, they can just adapt like the music industry with online piracy. 5) yes it is, it will just take time. paper money took awhile too, it being lighter was not enough to replace gold and resource trade, people did not see the point. people changed their mind over time. 7) not sure why. there's way too fucking much to explore in the world, we suppose to neglect ourselves of being a part of it solely because we do not have the time to research it? the elementary basics of cryptocurrency is enough to understand why it has potential and what it is currently used for, there is nothing more you need to know. this is the same with stocks, you can not understand what is going on with the market and still know how to make money in stocks.
about 4: true. it smells like a pyramid scheme if the premise is to get everyone rich.
you mean my .42 investment into crypto won’t go to ,942,069 in 1 year?
>want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. so you're saying buy algo?
fuuuuu op gave me the feel good vibes for once seeing a post from here and not thinking what a bunch of ill informed cultists ya'll are.
unpopular opinion: you do not understand bitcoin
none of these are unpopular enough to make a dent in the current fervour or trajectory of crypto. point 4 hits hard but tells only one story. there’s ppl in crypto who will not get rich from it but might make enough to not remain broke forever. also anything that stems the cascade of wealth flowing to the 1% is worth while.
people aren’t ready to hear that bitcoin is the no.1 shitcoin.
1. it’s going to be crypto 100%. 2. inflation is actually good since it promotes being a fucking currency rather than a shitty and expensive to use asset. you can either have a currency or a deflationary asset but not both, and gold. 7. pretty much no one understands economics in these subreddits…
1. well yes, but it does not matter as much as you might think. unless you're the guy that yolo's all his money in at the top and sells at the bottom. if you dca in and dca out you'll do just fine regardless of the when the bubble bursts. 2. burning supply does not artificially pump anything. this is just normal supply and demand at play. ironically one of the reasons eth demand is so high, is because of the high fees. i'm not saying this is a good thing but it is true right now. if it stays true eth competitors will eat away at the market share. 3. bitcoin is what it is because of its history. if you think btc is valued the way it is because of the codebase you're missing at least 6 other reasons why bitcoin is valuable. 4. there's actually a lot of ways to become "financially free" but surprise, none of them are easy. all of them require time, effort and a certain amount of risk. 5. just snap your fingers, wave a magic wand and say abracadabra pop! the perfect financial revolution in an instant. 6. decentralization is a solution to the problems caused by centralization. it's not that centralization does not work, it is just that decentralization is less risky. 7. it takes zero knowledge to buy something but if you do not educate yourself into what you're buying you'll be the first to sell it when the price starts to fall.
let's try to apply your point to your other points. ' >burning supply to artificially pump the price is a giga red flag and will make eth lose market share to its competitors to make an asset non-inflationary you need some sort of cap on its issuance. btc has a hard cap. eth implements a soft cap through algorithmically controlled burning. the situation that scares you is a coin having both hard cap and manual supply burns to combat falling prices. this is not the case with eth. ' >if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin and forgotten faster than the average time it would take to make a block, which to be fair, takes a while. yes, a coin with codebase identical to another popular coin and with none of the trustworthiness would be considered useless today. there's no place for another litecoin anymore. the time it takes for you to mine a btc block depends on difficulty, which rises with total mining hashrate. with base difficulty you could mine a block in 10 minutes back in 2009. ' >crypto is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first. > >crypto will not make everybody "financially free". if everybody is rich, nobody is. you just want to ride on the back of the people that missed the crypto train that then have to work for you if crypto really flips fiat at some point. yes, current economy is a bubble, and both fiat and crypto are merely smaller bubbles inside it. the market is a place where you can convert some risk into gains. for you to have gains, somebody must lose their bet. the market is about trading risk, not assets. nobody sees the market as some magical force that will make everyone rich. ' >its not enough for crypto to be "not as bad" as the traditional banking system. want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. > >every coin. decentralization is a process. judge a crypto by the effort it makes to get there. these two points just contradict each other. decentralization is achieved through making it costly to control a large chunk of the network. this is achieved by either wasting a fuckton of energy or having fees that make it improssible to buy a fucking ice cream. at current level of crypto technology you simply cannot have an efficient decentralized network. as you said, it is a process, and the potential of crypto technology to support this process is important. it's not clear whether this will ever be possible, but the solution for buying an ice cream does not require decentralization, and you do not buy ice cream with your eth for the same reason you do not buy an ice cream with your treasury bills or your gold bars. buying ice cream will be likely done on l2 in the foreseeable future.
your opinion is sensible and leans closely to my investment strategy when it comes to crypto. i took on solana just because of points 5 & 6. low fees, attempts to achieve scalable decentralization and took on qualcomm engineers because they have done similar tech development back in the day. i dumped my eth because of point 2. my bet on crypto can be best described as: bet you're printing more usd. i thisagree with point 4. financial dependency now is because of regulation and overtaxation (here in europe). the working class is forced to pull along the people who refuse to do jack shit, and i do not just mean the "willingly unemployed" who leech on benefits. i also mean the "cba to do shit" millionaires who just loanshark the poor into famine. our economy is carrying a fuckton of deadweight and this needs to be weeded out, but government refuses to do so and keeps protecting those parties. it might be different in the us, i am not that familiar with that economy. point 7 is a big red flag but to be fair: our society has been doing the same for decades by making stupid people famous. so it is representative of our own lifestyle.
ironic that, no.7 op. it scares me how limited your knowledge is of cryptography and
>burning supply to artificially pump the price is a giga red flag andwill make eth lose market share to its competitors which will ultimatelyreduce its price (compared to what it could have been) instead ofincreasing it. lol do you actually think this is the reason eip-1559 exists or are you just making shit up?
my big hot take with crypto has always been that it is simply a *different* way to do currency. it's not inherently better, or safer. once i actually digged down and fully learned how the entire process works, i realized that it is not some magically iron-clad unfuckable-with system. kind of a situation of if it sounds preachy, it probably is. that's not to say crypto is totally useless or anything, it is just not the 2nd coming of christ like people like to talk about it as. and same goes with blockchain, it is not some magical perfect technology that will fix all problems like people proclaim. lastly, all new crypto coins should be utterly avoided or bought into with extreme caution. and i mean all of them, not just "shitcoins" or whatever. every single one will promise the world in their whitepapers, and say things like "real use cases", etc. - it is all complete salesspeak. bitcoin itself is barely still breaking into the mainstream. no other coin other than ethereum comes anywhere close.
eh! why focus on such philosophical opinions? print money and then gtfo while you can. no one else is going to pay your bills...
well when you said you had an unpopular opinion, i expected something less elegant. well said!
>if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin and if run dmc's first album dropped today, people would say the beats are shit
my hot take: everyone and their uncle is saying that bitcoin will reach 100k eoy, so it clearly won’t.
i do not see any of these as unpopular. good points on both sides. we're still early in the game. i am no expert. i myself am an average crypto investor described in number 7. holy shit i'm scared.
i just want to hide my crypto from my stupid ex wife and the even stupider i r s 😇😉 find me on an island 🏝 in 5 years……. or not……😉
you the real mvp. all important points, although that doesnt stop me from thinking, eth 10k etc. cryptocurrencies and people are not ready for "real adoption" yet. and a big crash is likely to happen - and will flatten the crypto markets bigtime. but it can take 6 months before that happens, or 6 years. until then i still think its best to ride the wave and take profits along the way, with the aim of having a bigger stack of fiat once the next innevitable crash happens. though noone knows when, or what will trigger it. spot on about the "financial freedom" point. the only fincancial freedom crypto might give people, is beeing independent and not rely on banks. but financial freedom in the sense of not having to work again ? that only comes at the cost of someone else.
couldn't have said it better myself.
1. it is popular opinion. no longer unpopular. the good thing with crypto is the limited supply on btc which makes the cycles shorter and the chances for gain, more. 2. i agree. burning supply is a stupid idea and actual invalidation of your initial plan. 3. that's true. now, the trend is to have 100\^1000 supply, share some to make wallets, and then burn 70% of the initial supply just to make a progress on shit-coin rank. 4. true. 5. there are startups that have that characteristics 6. true. 7. true. but not every computer user needs to know how the printer is designed for printing a document. why should they learn economic theories and. why should they even learn, when they buy the 3rd most popular (shit)coin "dogecoin" and make money 99% with an elon's tweet.
regarding point 5, things do not happen overnight. everything takes time. you cannot just come otta nowhere and be like "fix it!'. pretty cringe ngl.
this is exactly what was being said when bitcoin first hit 20k. i sold in the mid teens and watched it drop to a low last year. now, of course, it is over 60k. things are worth what people are willing to pay for them - houses, stocks, cars, crypto etc. are these "assets" really worth their sticker price? here's my two cents - a lot of crypto buying is because the prices just keep going up over time regardless of the underlying value, and a lot of buying is coming from people who are concerned that the government is going to seize their assets - not an unreasonable assumption. so, i have 5% of my total portfolio in btc and eth. a lot of investors have a percent of their portfolio in gold and silver, real estate, stocks, bonds etc. it's called diversification.
how many people that use the fiat system understand how it works? how many people that buy stocks understand how it works?
if you fart in the bathtub, it is also a bubble.
i agree with number 6 with all my strength
2... sometimes i wonder why it is easier for projects with infinite supply to burn millions of their tokens when they could have simply created a limited and capped supply to start with. i guess it is part of the hype and marketing mechanism.
keep being scared i guess.
you have some good points actually. number 3 (new coin with bitcoin code) is actually pretty obvious, i wouldn't call it unpopular opinion. number 4 (not everyone can be rich) is also pretty obvious, but i agree that not everybody understands it.
oh i’m . i don’t know anything.
point number 5... uh proof of stake?
where i live, the ice cream is not paid double but 10x, otherwise pretty accurate
wow! two things surprise me about this post. 1. you've actually said a number of true things, and 2. it's got a thousand upvotes. well done!
you forgot to add insane levels of leverage
these sound more like facts
you think these opinions are unpopular? ha!! you represent perfectly with this extremely popular fud.
these are a bit misguided imo, but fair enough. for every negative you can point out, there are 20 more in traditional finance. of course blockchain is not a perfect solution that works for everyone equally, but it does not take a cryptographic economist to understand that it is a better system for the vast majority of people.
(sniff, sniff)….smells like an eth hater.
can someone please elaborate on point 2 ?
alright amigo. here have a cervesa or something i dont know
unpopular opinion? crypto will be the internet bubble 2.0
sounds reasonable: 1. crypto bubble versus the fiat bubble: you might be right that the if the fiat bubble bursts then the crypto bubble will burst too. however there is one problem: the fiat bubble may expand until it is irrelevant. remember they have infinite printing power. the only thing that will be left after that is 21 million bitcoins. 2. i do not like eth anyway because it does not have a fixed supply. i'll pass. 3. i am very happy that bitcoin cannot be copied because of the value of its network. that is a good fight against inflation. 4. i think that we need to stop being money people and start being product people. money is about government printing to fill jobs for minimum wage and pensions. product is my house, car, food, and phone. at the very least people will focus less on getting loans and financing and more on producing products. 5. i do not think the energy use of crypto is that bad. there are minimal offices and mining is done on the most efficient sources possible. lightning network on bitcoin is also not too expensive. 6. you are right on the decentralization idea but if it is that great of a currency then the developers should be ready to pitch in and mine at the beginning. 7. did you know that the average voter has possibly less knowledge of economics? that's scarier.
about point 2: burning supply is the opposite of the us treasury printing more and more dollars. if you think that printing money and causing an inflation is bad, how is burning supply also bad?
when you mastered the “no u” effect when your unpopular opinions became popular af for speaking truth
these are really popular opinions even though not very talked about.
1. no. crypto, in contrast to fiat, is not an endlessly inflationary house of cards. 2. unlike btc, eth does not have a fixed supply. therefore it needs to burn in order to be anti-inflationary. and that is because it aims to be a world computer. can't do that with a hard capped fixed supply. 3. true 4. true 5. true 6. well, yes, but that not-yet-decentralized phase should be as short as possible. as in: days, weeks, months perhaps. everything else is just excuses for pipe dreams that do not work in production. 7. true
\ is so accurate. so it is , but i'm good with that... ;)))
mark cuban was right, and lyn aldern proved that she is one of the most intelligent in the space.
1. yeah, a lot of people think that but those same people have also said legacy markets were in a bubble even 4-5 year ago and the bull market still continues. 2. you're really overestimating how much the emission affects price. we're talking a single digit % decrease in market cap because of eip-1559, that is unlikely to make people bearish and reduce price when crypto's can make that up in a single bullish day. 3. only because, if it released today, it would be unlikely to get the community support and network strength it has now, which are it is two biggest strengths. 4. financial freedom is not about getting rich, crypto can still give people financial freedom without giving them life changing wealth. 5. 99.9% of cryptos do not waste a lot of energy nor do they have high fees. the 0.1% that do have high fees, do so because they are overly popular and even then there are low fee options for both eth and btc. 6. this is common sense, although this sub has a boner for decentralization and often ignores the fact that nothing can start purely decentralized. so this counts as an unpopular opinion but solely because of the hivemind's already very dumb opinion on it. 7. might as well change that to "the average person has such a limited knowledge about finance" as that would be more accurate, and i do not think either are unpopular opinions.
8. i do not care and am only here just for the memes
> 2\. burning supply to artificially pump the price is a giga red flag and will make eth lose market share to its competitors which will ultimately reduce its price (compared to what it could have been) instead of increasing it. if you're a developer and your goal is to have a useful blockchain network then people who hoard tokens are of little benefit to the network - they probably do provide value in some circumstances, but my feelings are that they are a net cost to the network. if you're a developer of a blockchain network and you want it to be useful then you do not care that token prices are falling - that makes it cheaper for people to use your network and use the cool applications that other developers are deploying on your network. governments try to achieve longterm price stability of their currencies because longterm contracts for wages and the supply of goods and services are stipulated using the currency. if you go to the supermarket and your week's groceries cost you . you want to know that a can of soda from a vending machine will still cost , and they have also got a contract to buy 50 litres of syrup for some fixed price next month. if you're a developer of a blockchain network then you probably care a lot less about price stability because ordinary people do not keep their savings in blockchain tokens - if they want to use the network to run a search or some other kind of app then they just log into an exchange and buy the required number of tokens.
>crypto will not make everybody "financially free". if everybody is rich, nobody is huge problem is that most people want crypto to make them rich. it's not really about that. it's for people who cannot have a bank account be able to pay for stuff on the internet as a first honestly. there are people who just cannot open a bank account even if they really want to. crypto in a way makes them 'free' as you do not need any verification for to be able to use one. let's get an example of someone living in a really bad 3rd world country and he cannot have a bank accout, because there are almost none. he can receive payment in crypto and be able to send it however he wants (they usually still have phones and some kind of internet). but yes, there are just too many dumb investors who just want to get rich quick and thats it. they will hopefully fall out after a while and we can see bigger futures for crypto in general.
most of these opinions just sound like they’re from someone who doesn’t understand bitcoin. like, really? you think being rich is the only way crypto will bring about financial freedom?
these are not so much unpopular opinions as they are uninformed opinions.
number 7. is spot on you just have too look at safemoon...
these unpopular opinions only regard crypto as easy gamble. it is definitely much more. but that is another story. imho.
crypto will never shed its value being quantified in usd
this should be stickied to this subreddit. i love when people say crypto is going to be so much more secure for the average person. yeah, i’m not too concerned about the average person, i’m more concerned about it being used to obfuscate corruption and money laundering. do you honestly believe those in control won’t be on top of the crypto game long before it becomes mainstream? also, the atrocious energy consumption is another nail in crypto’s coffin. i don’t give a shit how secure crypto is, if it requires the energy consumption of a small nation to power it then it’s not worth it.
but mooooom! i haaaateee facts!
unpopular opinion: no one cares
in order for your stack to pump to 100x, 100 other similar sized stacks must go to . best of luck!
number 6 is gold. thank you
speculation. you do not know shit.
you were right about it being an unpopular opinion
how much money do you have to lose in order to create a post like this? stop shorting.
if this was actually controversial you’d more overtly concede that 1 will likely end in either fiat on completely on top or both existing with fiat still dominating for the foreseeable future. anyone who thinks it’s most likely that crypto*currency* will actually edge out fiat is delusional. we are so, so far from many indicator of that. there. an actual controversial opinion.
you forgot one: tether is a bubble and is also increasing artificially the price of the crypto market.
>2. burning supply to artificially pump the price is a giga red flag and will make eth lose market share to its competitors which will ultimately reduce its price (compared to what it could have been) instead of increasing it. if shib holders could read this they’d become very upset.
man these points pwned cryptocurrency subreddit noobs
at this point crypto is gambling. i rather take my chances at roulette betting on red. most smaller cryptos are scams
crypto is fiat though. it has no intrinsic value. the only real money are commodities.
agree, also nft do not have any value, and the art in them are pretty trash
someone has never heard of algorand
8.exchanges are pretty safe to store your funds
the comment section is hilarious. the mental gymnastics to rationalize their positions is almost comical.
look…its monday, and i don’t need the extra negativity. theeeeeeeeenks
i'm so edgy i agree wit all of these points. or are they popular now and am i a normy?
i didnt understand anything you said, but i thisagree
how are you not cancelled yet? i'm genuinely surprised crypto-fanboys have not come for your head.
oh, so no one's gonna talk about point 3?
i agree with everything here
nice try bobo still time to pamp it
shut the fuck up
>crypto is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first. this is probably true, but you should not miss the possible long term value for both, as 10.000 years ago, when the competition was betweet the seashells bubble vs the mud token bubble. you do not see so many mud tokens around today, but you can still find some pretty valuable seashells. ' >burning supply to artificially pump the price is a giga red flag and will make eth lose market share to its competitors which will ultimately reduce its price (compared to what it could have been) instead of increasing it. this is probably true too, but you should not deny yourself the enjoyment to see things burning. some men, as we know, are not looking for anything logical, like money. they cannot be bought, bullied, reasoned, or negotiated with. some men just want to watch the world burn. and are not we all just searching for some freedom and happyness? ' >if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin and forgotten faster than the average time it would take to make a block, which to be fair, takes a while. that is the problem with time going just forward (a problem quantum physicists should address better and sooner). look at all the shitty things we used to love: grammophones, walkmans, vhss, bill cosby. if we could just move back in time any shitcoin would be treated as bitcoin was back in the day: a joke with no future, exactly like any shitcoin today. ' >crypto will not make everybody "financially free". if everybody is rich, nobody is. you just want to ride on the back of the people that missed the crypto train that then have to work for you if crypto really flips fiat at some point. you do not need to be rich to be financially free. tribes living in the amazon forest are financially free and have a lot of other good sides too: they do not bother us on social media with their pictures of 100 ways to cook and plate opossums and centipedes, they do not feel like they need to stop farting to reduce their carbon footprint, they never asked to shoot again the last season of game of thrones. if you want to be rich, stop trying to be rich: if nobody is rich, everyone is. ' >its not enough for crypto to be "not as bad" as the traditional banking system. want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. if you want to be the future buy a lot of sunscreen, learn how to swim, be ready to kill your food and train your self-defense. greta thunberg's army is going to hunt you at night asking for answers to solve unfixable problems you contributed to create in a very small part. there will be no mercy and no internet tutorials. you'll pray to have a soul to save instead of they savings you saved already. do you really want to be the future? why not trying to be the present instead. ' >every coin. decentralization is a process. judge a crypto by the effort it makes to get there. that's true, but not only for coins. my ex-girlfiend was centralized at the beginning of our relationship, the she became the best example i can offer to explain what decentralization mean. ' >the average crypto investor has such a limited knowledge of cryptography and. and i'm scared of horses. i guess we both could try some therapy. is there any therapist here reading? we can pay in moons.
> if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin and forgotten faster than the average time it would take to make a block, which to be fair, takes a while. yes? what´s your point with this?
right on. that's why i only buy algorand! carbon negative. pretty stable price. solves the trilemma problem. patented, pure proof of stake. it's awesome and the future of defi.
tell me you know nothing about crypto without telling me you know nothing about crypto.
so this is the new karma grab trend huh?
i feel like for some reason some interesting realities are going to mix, bend, and get wrecked this week. i do not know maybe it is a gut feeling, but i cannot shake it.
i only fully agree with point 4.
i like this. combine 7 post into one.
point 2 is factually incorrect. the burn is almost directly proportional to the level of activity on the blockchain. point 4 is complete bullshit considering that only a very small portion of humanity is heavily invested into crypto. even if this sub was entirely made of whales, there would be 3.6m rich people in the world, thus definitely not "everybody".
point 5 is out of touch with more contemporary projects, look up polkadot
> crypto will not make everybody "financially free". if everybody is rich, nobody is. you just want to ride on the back of the people that missed the crypto train that then have to work for you if crypto really flips fiat at some point. it's all a scam. someone has to hold the losses. always.
number 5 and 6 - nano.
i do not get why being overtly obtuse equates to an unpopular opinion. did you need some attention today? wanna reacharound? there there, its ok, it might never happen, dun let those bullies be nasty to you ok, it is gunna be alright...
fiat will blow up first
unpopular opinion: we are at the peak and we will only go down from here (until next halving)
wow are you sure you are not a buttcoiner?
logic plays no part in 2021 human society. its unwise to believe someone will read this then suddenly rethink their life.
about number i agree with you but as for eth it has no cap, and they burn to make it harder to mine
this is the best post in the history of all cryptocurrency subreddits.
i wish i was an “average crypto investor”. i’m scared too.
1. you could say crypto is completing with fiat but you'd then also need to compare the two specifically to make this point relevant. fiat is being printed\*right now\*. if you pick a crypto that has limited, no question. if you pick a crypto that is not limited. pretty straight forward. it's thisingenuous to point fingers at shitcoins with the same obvious problems of issuance, centralization, control etc as fiat and conclude it, and thus all crypto is a bubble just like fiat.
on point 4. the idea is not everybody being financially free. the idea is that right now, the riches are highly focused in the hands of the few. if the average person had even a sliver of that wealth, it can change their lives. this is obviously objective to each person. yet think about it. jeff bezos has enough money to pay for college for every person in this country and still be a billionaire. to some an extra ,000 a year is life changing. it can pay off bills, work on a down payment for a home, purchase a car, or even maybe give up their second job. some an extra ,000 is life changing.
nfts are a fucking scam. add it as 8.
crypto is more like decentralized mlm. cults should be about spiritual gain, like the good old days, not financial gain
why is burning supply “artificially” pumping the price and why does that lead to an eventual crash? could be totally wrong about this i’m not an expert but when you burn supply and demand stays the same the price goes up, then as demand increases over time when people get into crypto, more are mined and it balances out until the mining process stops and supply is fixed. do i have a step wrong here? am i missing something?
my unpopular opinion: crypto is just imaginary stocks and not a currency. the whole point of a currency is to spend it, but with the ongoing massive deflation in crypto, spending it is the dumbest way to use it. as much as people like to complain about inflation in fiat currency, it is actually necessary to keep people investing in the economy instead of money itself. if everyone kept all of their money in cash under their mattress and refused to spend it because it keeps getting more valuable, the economy would grind to a halt.
okay now im scared
i work for a play to earn crypto games company, you would be shocked at the amount of people who have no idea about common sense let alone crypto. i've had people give me their seed phrases and passwords to resolve support issues -_- seen people click dodgy links and lose everything people play with leverage and owe money the average person is just trying to make something of themselves but it causes uninformed yolo moves when they inevitably fall for hype
and so begins the popular >> unpopular opinion flippening.
3: it is not just about the code but the node infrastructure running it, its developers and community, maturity. for example, you can have many linux kernel fork and thistribution but you have only one ubuntu
crypto is decentralized on a centralized exchange also, why people hype bitcoin is beyond me. it is slow, you have to pay huge fees, very high mininum transactions on exchanges and the list could go on and on if there is anything that fits the "satoshi vision", it is monero
i can bet you 99.99 percent of the people who own bitcoin, do not even know how the protocol actually works. the shroud it with "complicated math problems" etc, which is bologne, cause it is just brute forcing a string of digits. not that, that in itself is bitcoins achilles heel. bitcoin is gonna go to zero regardless. just some perspective of how badly these poor souls have got taken.
what's really amazing is that there are coins with subcent transfer fees, i wont name them because "shilling" but if it honestly was about using it as currency, those coins would have won out ages ago but we're still complaining about eth and btc fees. it was never about currency or breaking the chains of fiat.
i see a bank employee here who can not invest in crypto here because internal notes prevents him to do it 😅
you probably should have said if the value of a coin, token, or whatever, is going up 30% a year, who is actually going to use it? that's ridiculous inflation. if it is not ridiculous, why change from fiat? we already have "stable coins" and "shit coins"; the us dollar and venezuela's. i can appreciate the investment avenue but all this really boils down to is fomo and money laundering.
i once got a temp ban after i called someone a moron for repeatedly arguing against the fact that if secp256k1 were broken or if a reverse hash function was thiscovered btc would immediately go to .
wow, what a negative spin. oh, and he’s right you know! *insert morgan freeman pointing upwards ahem
number 1 and number 7!!!!
no one really understands how fiat works either. not even the economists understand it.
point 3 tells me you really do not understand what it is all about, at all. bitcoin is not even comparable to any other cryptocurency out there. edit: point 7 is very ironic.
on point 3, if there is one thing we've learned since the invention of fiat money and solidified with crypto is that value only requires belief. so yes, maybe bitcoins codebase is shitcoin by modern standards, but people believe in its value and that is the only thing that really counts.
mmm i’d say all of these are just plain facts. some of them are facts that make maxis go “reee” when they hear them and won’t acknowledge
ohhh they went there
is starting sentences with uppercase letters also unpopular?
turns out this is popular opinion now. good job.
point 7 is hilarious. the average crypto investor, hell the top 95% of them, doesn’t have a limited knowledge they have a ass-backwards miseducation on the subjects of econ, finance, technology, cryptograghy(?!?!) they barely even understand basic algebra.
how is this so upvoted. nothing you said hasn’t been said already. yawn.
number 4 i agree with strongly. i have no desire to be rich. i hate most rich people anyway for the way they treat poor people. i have no desire to be that kind of person.
unpopular opinion x 15 dag technology will lead the market to mass adoption
number 4 is yes and no. i've become significantly wealthier since i got into the crypto scene. even made house money last year.
sorry but perhaps only 1 or at most 2 of those are slightly unpopular opinios. the rest are all blatantly popular ones
point 5, i’ll take the dirtiest coin possible plz
for point 7 it should be crypto user, not investor. so yeah people do not need a knowledge of cryptography and economics to use crypto. great!
at 6. : hedera
your second opinion is inherently false because eth has a dozen more use cases on top of its competitors - nobody is going to move to another cryptocurrency because there is more supply; this is intentional.
number 7 gave me goosebumps.
1. pure spekulation 2. eth is not burned to artificially pump the price 3. you can also say that about fiat 4. who says crypto will make everbody "financially free". only idiots clame that. 5. everything is still in development so you can criticize it once its finished 6. good advice actually 7. the average fiat user also does not need to know about economy.
i agree with all except . everything about how these coins operate is "artificial." the bitcoin halvings? artificial. mining to create more coins out of thin air? artificial. "burning" to remove coins out of thin air? artificial. pow and pos are purely artificial mechanics, so it is kind of a tautology? artificial coin has artificial operation mechanisms... duh? now why is this a red flag? inflation"artificial" ways of controlling the "price" of the dollar, and they are actively used at all times. this is healthy monetary policy. why is it bad for crypto?
\ is correct. the rest is simply an opinion.
these unpopular opinions illustrate exactly why nano hasn’t taken off yet. 1. agree. 2. also agree. 3. not same codebase, but same target solution as a digital p2p currency. has proven use cases that work way better than other crypto, but yet people shit on it. 4. basic finance and economics. yup. 5 and 6. nano foundation’s end goal is to let nano go after it is commercial grade so it can be truly decentralized. a digital currency not built on greed that addresses inflation problems of fiat. does not have fees or waste a fuckton of energy. 7. very unpopular but accurate opinion. people get pissed about nano or nano supporters constantly to the point of purposely hindering nano’s success, but this thread on unpopular opinions sheds light on exactly the reason why people act how they do. good post.
lol crypto go brrrrrrr
3> red flags are everywhere. cars bring you from a to b fast, but can kill you. beer tastes good, but makes you fat and can kill you. cats are cute, but they will die sooner than later and make you sad. and they can kill you. there is nothing "pure" in this world. there could alwaysw be a little devil when you want something, that says "red flag". if you go to florida to disney world, i cannot think of a red flag other than you'd have to be in florida, but i'm certain there are bigger red flags even there. so something good, that has a red flag, does not need to be bad, because of the red flag. 1> everything is a bubble. love is a bubble, life is a bubble. everything bursts in the end. 4> the easy train to financial freedom has left the station, true, and many of us fucked up because if we had kept, what we had at some point, we'd be at least wealthier. still we are not late to the party. mom and pop still do not know shit about crypto. no killer-apps yet. maybe do not hunt for the coin that makes you rich, but try to get passive income. there's still a lot of money to be made in crypto. people in 5 years might say that we were still early now. saying we're late is like saying 1996 was late for the internet. 6> i do not understand 7> often, believing in shit is enough. if i had believed in 2012 that bitcoin will be great, i wouldn't have to know a single thing about it. had i believed in it and kept it, i'd have a golden penis right now. is it golden? no, because lack of believe. it's thisturbing. 5 and 2 > maybe
i love how in your point 7 you call out the knowledge of average crypto investor, yet you obviously belong in that group. it's sad that this sub has become a place where people with average to below average understanding of crypto post popular "unpopular" opinions just to farm moons.
more than 90% will fail
i love how most of the defence for point 3 in this thread is that "bitcoin was first" as if that solves the glaring issues surrounding bitcoin. monero and dai are the true popular crypto coins that do what crypto was intended to do.
man, you rattled those off there
popular opinion: you know maybe 50% of what your talking about. have you worked on? i doubt it. it's good because people use it and it supports a lot of the same "stuff" the "eth killers" have. so why would someone switch? if apple released the og iphone then they would be shut out of the market, but they are not they have incrementally increased the product. just like bitcoin. iphones no longer offer a revolutionary change, but they did well marketing and proving themselves. just like bitcoin. early projects. you do not have any actually experience with the coins you mention so yea i agree with your last point.
its not a bubble yet. soon we shall launch towards the moon bubble.
more acceptance and ease of use will drive the future.
once the tether situation gets solved we can talk about legitimacy in the crypto market. until then the only thing youre doing by buying at these levels is ensuring you will be a bag holder.
it's about time there is an actual unpopular opinion on this sub for once
number 4: you're goddamn right.
eth isn’t burning base fees to inflate price lol
in an ironic twist, you've proved point no7 quite nicely.
popular opinion, this post is uninformed.
how is crypto competing with fiat when, generally, the only reason people buy crypto is to convert it to fiat... genuinely asking.
crypto is in a bubble like fiat? fiat gains inflation. inflation that for the most part never gets undone. even if crypto is inflated based on the inflation of fiat, it won’t ever go backwards because that inflation never comes undone. is this fud?
this was refreshing, thank you.
3. this is my favorite point. i've gotten in so many arguments about this with coworkers and friends. they refuse to believe me just because it is popular. i'm no expert. but bitcoin is pretty shitty compared to most out there.
number 7 is true. so few people understand economics. as someone who teaches it everyday you would be amazed
number 4 makes no sense
regarding your last point; i feel this is very true for me and i want to make an effort to understand it much better and perhaps even get a job opportunity in blockchain. where would i start to acquire said knowledge?
on the last point, while basics are important, asking an investor to develop a decent knowledge of cryptography would be like asking the average american to understand the reserve's printing process and anti-fraud measures built into printed money.
finally some sense! the glorification of crypto at the state we are in right now, has gotten to a point where believing in a man on a cloud who is ominpotent but takes 7 fucking days for a creation, seems more reasonable than worshipping every last shitcoin as the new holy grail that will change the world.
>every coin. decentralization is a process. judge a crypto by the effort it makes to get there. algonauts, assemble! governance is the way, my friends.
point 1 means crypto is working as intended and not a bubble. you cannot have it both ways. either crypto is a bubble or fiat is. however, we know fiat is a bubble because they can print trillions at a whim and many fiats have already collapsed since bitcoin was launched
opinion 2 interests me, would be keen to know more.
ltc is good, actually
hate to be that guy but is a fact
seems like reasonable points, most of the people that invest know that what we have now is unsustainable, but their greed outweigh the sanity so they just ignore it all and keep playing the casino.
agreed eth will die by 2023
this just feels like cope
these **are** unpopular... because they are mostly dumb, low-effort, incorrect critiques that have been debunked . with adoption comes people who do not really get it. unfortunately they will post and upvote posts like this. it's the job of the rest of us to help them along. (1) no, crypto is not a bubble. it has the appearance of a bubble because a lot of capital has flowed in. the steam engine and industrial revolution weren't a bubble. neither was the internet. yes, specific companies had valuations which did bubble, and crypto has some examples of those (see shib, etc), but by and large, the eco-system does not represent a bubble at all. the opposite is true, that it is a severely under-valued paradigm shift. (2) burning supply is not fundamentally a red flag. it's a business and technical decision that is priced in for anyone who understands what's going on. there's nothing artificial about it or its impact. (3) what's your point? if someone copies the bitcoin codebase and spins up a new coin, yes,, that is a shitcoin. you have not made a productive point. this is similar to saying if someone prints a 100% accurate reproduction of the mona lisa it is worthless, therefore the original mona lisa is worthless. it's nonsense. what makes bitcoin valuable is not the code itself. it's the code being run. (4) almost no one thinks crypto makes everyone rich. that's not what most people mean when they refer to the liberating properties of crypto. we're referring to freedom (those of us that know what we're talking about, which is most of the crypto-verse) in the literal sense of being unencumbered. with crypto, you're in control, you get to decide, that is financial freedom. anyone who thinks crypto is magic, those are the people who upvoted your post. (5) cryptocurrency is not perfect. neither is democracy. but, cryptocurrency is the best money we've ever had, just like democracy is the best governing structure we've ever had. if you have a better money, let us see it. "free transactions" just goes to show how painfully ignorant you are on the subject. **you** seem to be the one that believes in magic. of course you offer no solution, only baseless criticisms of the best monetary solution ever conceived. (6) "judge a crypto by the effort it makes to get there."... what? (7) cryptography works. no, your average crypto investor has no need to understand cryptography and whether crypto-investors know **anything** about cryptography or not has **no** impact on cryptocurrency itself or whether it is valuable or not. what crypto-investors *can* see and know is that crypto is working and it is extremely valuable. economics? your post shows you do not have a good basis in economics. your "shit should be free!" mentality goes to show you do not really understand the fundamentals of what value even is. a lot of cryptocurrency enthusiasts are here *precisely* because of their understanding of economics and realization that the legacy system is doomed to fail when there is a fantastic alternative available. people in crypto on average have a much better sense of economics than your average person.
point 4.1 crypto is meant to make you independent from fiat. not having a security which makes you rich from penny investments. too many people just know crypto from gains.
point 4 is true. i’m years later than some; i just want to be years ahead of others to give myself a better life in the future. i’m sure we all have this belief.
is the hardest thing to accept but its realistic, still hope everyone can make it.
most of your points are based on misconceptions and lack of understanding of economics. everything's a bubble, and bubbles pop, but markets continue. calling something a bubble does not thiscredit the industry by the way. > someone in 2000: the internet is in a bubble. it's going to pop, all this stuff is useless, it is not even real. just wait. > same person in 2001: ha, told you it was a bubble. it crashed and the internet was just a phad. > skip to dotcom stocks in 2021
about 4: i think crypto might be a way to (long-term) increase the financial freedom for most people by decreasing the power of global centralized finance companies to scam the ordinary people out of their money with exorbitant money transfer fees, as well as dramatically increase efficiency of many processes with blockchain technology and smart contracts, if used wisely. or it might horribly backfire, or nothing will change. but it could have a shot.
about point 4 thats not what crypto, the point is sound money that wont have endless inflation of the money supply.
you sir just spiled the truth
my iota bags can confirm point
number 1 is definitely in the right position. number 7 smarts don’t matter if you sell low and buy high!
don’t care still accumulating.
curious how many average persons understand the us banking system?
this post was such a breath of fresh air. personally i've always said crypto is just a big doggie pile. but hey theres money to be made in this doggie pile. 99% of people in my life have no clue what the crypto they have money in actually does. and prob about 75% of them believe it will be the future currency. just read some books on traditional currency and youll see pretty quick why btc and eth cant become a currency with the same use and function as usd...
(5) try sending an amount of money above 5k anywhere in the world. it's the dumbest system with high fees. this alone is what makes crypto a superior financial system. defi smart contracts is the next phase of crypto. op needs to try and use it to understand it.
disagree with point 2... but otherwise i cannot thisagree with much else
"actual unpopular opinion"? wtf are you talking about? this sub has more crypto fud than i can read on hackernews. anyway... 1. yeah sure, it is a bubble, so [do not buy into crypto, because you know it is going to crash]( 2. what are you talking about? the goal of eip-1559 is not to artificially pump the price, but it could be a side-effect because of deflationary pressure. 3. yes and if windows 7 were released now it would be a really shit os. such insight! 4. who says this? it obviously does make us financially more free than traditional finance. it's easier to transmit value across borders, there is no denying that. it's pretty mainstream now. but yeah crypto as a speculative investment goes up and down a lot and there will be winners & losers... much like playing in tradfi markets... no surprise there. 5. "be efficient"... waw, such insight again. what an unpopular opinion. thank you so much. someone, quick! tell the devs they should find a better consensus mechanism than pow and that they should try to find solutions for the high gas fees. we cracked the puzzle! 6. again, like, is this an actual unpopular opinion? yes, networks start with 1, then 2, then 3 nodes etc... so some people will call the beginning more "centralized" than at the end. yes you can judge a crypto project by how it grows, but there are many factors to judge a crypto project by. 7. so fucking what? do you need an adult? how much do you think the average investor in apple really knows about microprocessors?
another unpopular opinion: crypto is trying to solve a problem that is already been solved decades ago by payment processors.
good thing it’s unpopular because not a single point of value was made here
>2 it's burning fees (inflation), not supply, and secondly, why? this does not make sense.
point 2 is sooooooooo incorrect.
i personally do not understand y'alls obsession with fiats, they are not even that great a car.
1 and 2 are pure unfounded speculation, the rest are obvious to anyone who's not a blind shill.
>crypto is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first yup, no regulations... all confidence based...zero backup. what could go wrong? but it could come back stronger, but slower and lower.
bitcoins= glorified beanie babies.
your unpopular opinion is likely incorrect and flawed. especially if you review the bank of america's recent crypto analysis. crypto is here to stay. this reminds me of people that posted about bit coin being in a bubble and how it was never going anywhere. at prices like... 30. if you do not get it that is cool. there are not alot of people that bought microsoft in 1982. lacking the vision. claiming most of us lack the knowledge and understand. i'm sitting here thinking your a critic and cannot understand crypto currencies. block chain. and just how rare it will be to even see someone that owns a single eth in 10 years. only the elite will utilize some of these crypto cause the price and benefits of which will be way out of your pocket books range. do you believe trillion dollar companies are going to move value around in fiat and pay taxes? lol the world's big. it's run by wealth. while some crypto if not most over time will fail. btc, eth, ada, dot and some the alt coin block chains that ride on these will stick around and become permanent fixtures. while one or so will be cast aside knowing which it is... thats the riddle. if we knew we would all be rich. plz do not come on here with a john doe perspective cause in five years. you might realize you do not know shit. me on the other hand if crypto fails. i lose some money. i do not care. if it succeed which it looks like it will. i will not have to worry about money ever again. am i going to get rich off microsoft at 300? your daddy got rich off amazon. his dad apple. what opertunity do you have? 300? retirement sure. safe bets. but really you are scared of risk. if it is not a sure thing it is not for you which is why you should just but index funds and leave the risk to those with the balls to endure.
so what you’re saying is, hedera hashgraph, is future.
i completely understand where you’re coming from but doesn’t it gaining popularity make everything you guys fought for those years finally coming to light. even if it’s people just wanting to make money?
my unpopular opinion: cryptocurrencies are a blight on the world and a waste of time and if you trade cryptocurrencies i respect you less.
yup. i agree a million percent with this list and i'd even add the reality check that crypto has. just like all currency, sure but i've seen more than a few posts here acting like talk of corruption and crime in crypto are not exaggerated or just plain made up by politicians pushing for anti crypto laws. there's some shady shit out in this wild west y'all, protect yourselves. i still think we as a community need to crowdfund a lobby group to have these laws make sense for the common people, because the only people seemingly filling that void are large firms whom i'm sure would just love to eventually have it so we have to go through them to interact with crypto eventually.
here's another, if your not screaming your lungs out "decentralized" than you "do not understand crypto.
4. "if everybody is rich, nobody is." is somewhat linked to an infinite fiat supply issue, but pretty silly if the belief that "crypto will make everyone wealthy" is a popular opinion. at best it will limit stimulus power and reduce inflationary erosion on those who work for their income.
"crypto will not make everyone financially free. if everybody is rich, nobody is" why do people always say this? supposedly there are about 100 mil people in the world who invest in crypto. that's about 1.5% of the entire population...sounds a lot like the percentage of people who are rich already.
8 - bitcoin is a memecoin
1) crypto will win over fiat because fiat will eventually lose confidence. might be some tugging back and forth before it happens, but its inevitable . the death of fiat is when commodity producers start to refuse accepting it only accepting hard currencies. happened 1000x times in the past, only now the hard currency will be crypto instead of gold or usd. 4) it will not make everyone rich, it will just provide financial freedom -as in freedom to operate-. today 5. crypto will be an enabler rising their living standards by enabling free trade. 5) crypto, in its current phase, in many ways emulates the traditional system. but this will change. remember when the internet was young webpages tried to emulate magazines and newspaper with pages that turned . we have now transcended this and are inventing new ways to communicate. an early example of this is uniswap which are able to reach market prices on assets without utilising an order book - that is insane when you think about it. when its all crypto<->crypto you will see things that will make your mind glow. 7) you do not need to know how pythagoras reached his formula, if you can use it you will be empowered. same with crypto. its much sounder money than fiat and you will benefit no matter how little economics you know. nobody knows how tcp.
i’m just here to buy what y’all shill me. is accurate.
this is a trap from the illuminaties to track your wealth
unpopular opinion: i hate it when it is so euphoric on this sub. everyone giving advice and algo in suggestions for the “next leg up” or “altcoin bull market”. we should be euphoric about bear markets!!
dumb posts like yours scare me.
a bank has something that crypto does not: depositors insurance. once you get that i might give a shit.
any coin released today will be labeled a shitcoin tbh
what's up with point 3, like of course that would happen it was the first and then it was improved upon.
hits so hard. i feel sad now :(
unpopular opinion: you just described iota. and i'm still hodling.
i agree with points 1, 3, 6, and 7 and partially agree with points 2, 4, and 5. i agree with point 2 in that deflation is ultimately bad for eth, and it is usually a red flag. the part i thisagree with is for coins where it is a red flag it is usually the main selling point. eth has the most utility out of any coin in that it is got the biggest ecosystem and a very broad smart contract system. the coins were it is red flag usually do not even have a wallet and make deflationary tokenomics the main selling point to get rich quick. i agree with point 4 that crypto would not make everyone rich because if everyone is rich then nobody is, but you're ignoring your point 1. point 1 states that crypto is competing with fiat, and if that is the case the losers will be those using fiat and the winners will be anyone holding a nonshitcoin crypto. the crypto market is only worth a couple trillion while the global economy is worth hundreds of trillions, so there is still a lot of upside potential. i agree with point 5 in that we need significant features to pull people off of fiat, but there is no such thing as perfect. there is only such thing as " not as bad" because perfect does not exist. it just needs to be significantly not as bad to pull adoption.
why write this post? whats your point? you just sound bitter
burning eth does not make sense. please can someone explain why? seems like it will push the price up but how does that help the network. seems like something tron would do. someone educate me.
one more. the best network and technology that exists in the entire space started as a layer 2 scaling solution for an inferior blockchain. the only blockchain project that even deserves to be adopted is polygon.
*"do not have fees that make it impossible to buy a fucking ice cream without paying double."* this is a big thing for me. some people have pointed out that your bank may charge a monthly fee to hold your money if you keep it below a certain level. yes, but that is not a per-transaction fee. once i've paid my , i've paid. i'm not now paying a hefty for every transaction i use the account for. the average consumer does not face a current situation equivalent to, say, the gas fees for eth on each transaction. if they did, the standard of living -- and the economy broadly -- would be in the shitter. until that is fixed, it is going to stymie mass adoption.
for , it’s not about the codebase, it’s about the mining (therefore security) that goes into it. try replicating *that*.
sounds like you all need ltc
just set dogecoin back to 0.80 and let me sell everything
i like it when you yell at me
people also thought pcs would pass, the telephone wouldn't over take the telegraph, email wouldn't be the mail system... etc don't get left behind of new technology because you're not used to it.
wait i was told the gas burning on eth made it deflationary. i agree that the next crypto crash is gonna be something else.
fuck *deep breath* yoooouuuuuuuuuuuuuuu
to point 4, if crypto truly becomes king it will (is) creating a new.
1, debt is the only bubble 2, eth or paper markets is not a good argument because those are already the most manipulated assets out there lol, will probably make the market makers more interested 3, no thats only because zoomer mentality of "heavy slow transactions bad omg" but you pay for security over speed, thats why its compared to digital gold. btc=store of value 100%++ annual returns. anyone who read btc whitepaper and understands it know why its valuable lol 4, it wont make everybody financially free cause smart money rules over dumb money, but "everybody is rich nobody is rich" is wrong when crypto has less than 4% of global usage lol, so anyone who dips their toe in it right now might actually get rich(er)-(eventually) 5, ok dont get edgy now, crypto isnt replacing any system it will be intergrated, if anything the central banks are involved with the creation of btc lol, remember nsa wrote whitepapers in 1990s of digital money using the same cryptography of btc aka sha-256, market makers will rule the world until the end of time so they are not surprised by crypto 6, kk 7, people have zero clue about money alone let alone debt or central banking, there are years of content to consume before even getting a general grasp on how the system works lol, most people invest to get some profits, and thats ok too
the biggest red flag with bitcoin imo is people looking at one year of true gains and trying to apply the same rhetoric thats driven decades of stocks (still a small time frame). “it always goes up” should not be applied to bitcoin. a recession will wipe out most of it then bleed dry whatevers left. if it survives a recession, it is here to stay, but how would it when a tweet from elon musk wipes out half its value. everybody fomos on “imagine if you miss the chance to get rich” but the true fomo is this: imagine of you actually hit the lottery but were too greedy to cash out when you could… imo that will be the legacy of bitcoin and the common people will be the ones who suffer
>if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin and forgotten faster than the average time it would take to make a block, which to be fair, takes a while. many are. and yes they are shitcoins. simply copying the code does not make another bitcoin any more than copying a rare stamp makes another rare stamp. >crypto will not make everybody "financially free". if everybody is rich, nobody is. you just want to ride on the back of the people that missed the crypto train that then have to work for you if crypto really flips fiat at some point. it can even things out. there's no need for 1% to own everything. >its not enough for crypto to be "not as bad" as the traditional banking system. want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. there is no other way to mint and secure a hard money without putting something into it. the fees argument is very dated now. look at lightning.
it hurts so true.
i was, and still am, very much a "casual" when it comes to crypto investing. with the amount i understand about crypto vs the amount i invested (relative to my net worth), i am over invested. so i've been playing catch up. my opinion is that crypto is like instagram in 2012... "so i just take pictures of like my dog and post them?". no one could have conceived in 2012 that 9 years later it would be common place for folks to make a living on instagram. so in the sense that utility is not defined just yet, i think crypto is like instagram. (do not rip my ass apart for this shitty simile, this is how i try to understand it). what has really boosted my understanding of crypto, is looking into bat. bat demonstrates how crypto could revolutionize internet use by rewarding the individual for sharing their data rather than having data "stolen" by big tech. anyways, i think crypto is here to stay. if you're looking for the unpopular opinion, it is that crypto will have little future with retail transactions, it will instead be used as a way to reward people's activity on the internet, or in video games.
1 is because 7
1. look at it more like a competing monetary policy 2. yes some coins burn just to reduce supply so the price goes up. but most reputable projects have long term plans and do a burn for a reason 3. 100 percent correct. bitcoin took awhile to get to the level of decentralization and strength it is at today. i just do not see the point in this opinion 4. look, never will another whole new form of currency be created and it be thistributed 100 percent evenly. that will never happen. but bitcoin by far is the most fairly thistributed crypto currency. and being financially free has thing to do with "that guy has more than i have" someone will always have more than you. its the fact that you control your money without permission that makes you financially free. 5. it takes time man, the internet took a bit for it to be user friendly. we are still in the beginning stages of this tech. this will get easier and better and faster with time 6. agreed 7. agreed again, but that goes for the current banking system and the internet as a whole. how many people understand exactly how the internet works. we all still use it and it is extremely helpful to us even though we cant explain exactly what's happening that is all. with peace and love homies
i like the way you think.
im absolutely here for the tech and the liberation crypto could potentially grant people. take normal saving acounts that banks use to make investments and make money off of your money. now put that next to a stable staking coin. whats the difference? the difference is that there aint no banker pocketing cash made over my hard earned cash. if you just hold crypto and determine what a low entry point is you will make money. and its stupid that it can be that easy, like wtf why did the keep crypto go up by 100%??? a merger sure but why? cardano never did that. and fancy explanations wont explain that either and ive read about 10 of em now, no one fukkin knows unpopular opinions or not lets face it, we are all here being shitfuktired of all the bullshit.
counters to your opinions: 1. everything is a bubble, it is just a matter of which one is more sustainable and fair to everyone. 2. burning supply is a way to drive up the value of something, yes. this does not make it inherently bad, and actually is a much better way for an economy to run without devaluing the currency vs constantly printing money to fund bs agendas and fill the pockets of billionaires (cough fiat cough). 3. what's the point of this? who cares? the matter is, bitcoin is not a shitcoin or treated as such. moot point to make fud. 4. crypto will help free people from the hardcore grasp of banks and government. of course not everyone will be rich from it, what a stupid thing to say. no one in their right mind actually thinks crypto will make everyone wealthy. again, i repeat, the point is to strip the insane amount of power the banks and regulative bodies have over our financial systems and put more "power" into the people's hands. again, financial freedom does not mean everyone will be well off financially. it means we are free or more free from the reigns of billionaires who have dictated how our financial system is rigged since the dawn of your country. 5. pow consensus mechanisms use far far farrrr less energy than, well, basically anything anyone does. that piece of paper you printed as "money"? yea, take a look at how much it costs to get that ink, make equipment to print it, print the money, and then finally thistribute it... see that flier from your billion ? see the cars you drive? see the clothes you wear? jesus, this energy worry about pow using too much energy is straight up false and fud to try and deter "green freaks" from bitcoin. literally, almost everything else you do in the world uses much much much more energy and resources than bitcoin's mining ecosystem. and not only that, slave labor. 6. this is your first valid point. except this is applied to literally everything in the world. the difference with crypto, is that it is much easier to decentralize it because it is ran on the internet. which spans across the entire globe... 7. this is the second valid point. except the ironic part is it seems like you're also part of that group based on your first 5 points of your opinion piece. what a short-sighted shit post, honestly.
i agree with point 3. if you look at the functionality being released on all these alt coins, it is hard to see any really advantage to sticking with bitcoin. there are so many other solutions out there to almost all the major bitcoin problems i just do not see it lasting that much longer. it kicked things of, and i think we should always be grateful for it, but i do not believe it will last much longer. i believe we have or will hit "peak bitcoin" pretty soon and we will begin to see the rise of altcoins, or just "coins" now. this is one of the strongest signs of a maturing market in my opinion (which is shit).
in other words a pyramid scheme
would love for someone to elaborate more on the second unpopular opinion... i’ve actually never heard the argument that eth burning is a bad thing so now i’m very curious
>buying ice cream what do tou mean???? every time i try to bring that up around here, it is met with downvotes! idk who the fuck wants to spend their ada on a single loaf of bread today, knowing they might be able to buy 2 tomorrow???? but they sure are not living in reality, that is for sure. and gas fees? holy shit nail on the head there, makes it even more poignant!
this post is garbage tbh
*every coin. decentralization is a process. judge a crypto by the effort it makes to get there* point 6 is so critical, i think people forget this all has to start as some centeralized idea before being fully decentralized
an actual unpopular opinion post and i agree with virtually all of it!
you want a truly unpopular opinion? every single coin is by nature centralized around a blockchain. even our accepted ideas of decentralized vs centralized make almost no change to user experience. using bnb to buy a token vs eth has no effective difference in usability. big difference in fees though. i call it stupid tax. centralized tokens also offer more security. if a scammer emptys your eth wallet you are boned. if a scammer empties your bnb wallet binance will refund you and seize whatever's left from the scammers wallet.
*if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin and forgotten faster than the average time it would take to make a block, which to be fair, takes a while.* amen. this is why i do not hold btc.
yes yes yes and yes. could money get any faker? yes it can.
point 7 is especially true. i doubt that even 10% of crypto investors know what a hash is. if you'd like to understand how the technology works you can watch a video on youtube by a wonderful channel 3blue1brown
spot on. thank you for getting this out there.
clearly someone has not seen the joker burning that huge pile of usd
lol just copying the other post from a month or so ago. these still are not even unpopular
> the average crypto investor has such a limited knowledge of cryptography and wait till you start meeting the average career trader. in fairness, when you have to unlearn so much, it starts to become an advantage.
this mofo is jealous:)
1. -- i mean, can you convert crypto into real money? if the answer is , "it is not that easy", then it is not a bubble, it is a racket.
nobody outside the cryptocurrency circlejerk would argue as an unpopular opinion lmao
eth is worrying me because of this.
1. - right there i stopped reading.
>1. crypto is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first. lol, nice on point , never been a fan of eth >3. if a coin with the codebase of bitcoin would release today it would be labeled a shitcoin as it should, until it proves itself >4. crypto will not make everybody "financially free" crypto might not, trading could, providing a service or product that people pay you for could, these are possibilities in the cryptoshere cannot argue with point , the sh!t that people waste valuable nft tech on. can you imagine what could be achieved with this tech and compare that to what us cavemen are doing with it instead? for point 6, refer to comment on point 3 on point 7 - the average stock trader has such a limited knowledge of oil, pharmaceuticals, precious metals etc. maybe they have a better understanding of economics, because their field is well developed, and maybe all your points can be addressed in future by people who then understand the whole thing better, once the field is well developed. i agree that we do not understand half of what is happening, but we are on the frontier and we'll be the ones who make something worth while of this, or who let the opportunity go to waste - i'm hoping for the prior
what if you consume less than your average middle class household and you are a party of 3... you also have a lot of cash available at all times
i definitely do not or will ever need crypto unless all fiats are replaced with a greenback or species
some person just simply buy and hold
i've got one for you: ross ulbricht is precisely where he should be.
the dutch tulip mania in contemporary form.
my probably pretty popular opinion is that we have to many people talking about "unpopular" opinions lately lol
agreed on 7, 4, 3 that’s about it
much appreciated for the post. even though i thisagree with some statements, this post is useful to inspire critical thinking in crypto community 💪 💪
some of these points here are popular opinions in the sub tho
on point number 3, what makes bitcoin powerful is not it is code, its the massive network backing it, which is hard to replicate.
man just earned monthly min wage in the moons he farmed
everyone here is for the money and not the tech.
>its not enough for crypto to be "not as bad" as the traditional banking system. want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. agreed.
>its not enough for crypto to be "not as bad" as the traditional banking system. want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. and this is why i am still buying and holding onto coins like nano that have the potential to be a million times better then the existing banking money transfer system.
veru few give a fuck about breaking away from the system or whatever you want to call it. we are all here to make money, period.
is just you misunderstanding. wealth is not 0 sum
4 is a classic economic fallacy. increasing wealth can make everyone in a community rich. it doesn’t make people outside poorer. there is no fixed amount of wealth and more wealth can be created without taking from others.
bitcoin is going to die
\> "do not have fees that make it impossible to buy a fucking ice cream without paying double." i love how people say this as if every crypto is eth lol
on 3. i'd say the idea of a centralised, cryptographically secured proof of work currency only gets thiscovered once, and that is what give's btc it is head start and makes up for any shortcomings. i think it will retain it is place at the head of the cryptocurrency space in terms of market cap for a signficant amount of time as a result.
crypto was not a bubble until two days ago
8. the average crypto investor does not understand tokenomics.
i think a big thing that keeps people away is the exchanges. many are poorly run and have terrible support teams. look in subs for tdameritrade or fidelity or any big financial company and it will be normal posts asking questions. you really have to search to find someone who was locked out or having some big error. you go to coinbase and the majority of the posts are people having major issues. unable to access their money or like the other day when there was a big thisaster with nu.
all the problems you are stating here have a lot of smart people working to solve them, inside the crypto world. eth has many l2 solutions which will come online relatively soon and will deal with a lot of this, including transaction fees. honestly the biggest problem you have is coming to conclusions without doing enough research. btw no one is paying for anything for its current worth, people pay , speculating on the future growth and revenue that a lot of the coins out there will provide.
8. eth is deflationary now because fees are so high that many people end up with lots of dust in their wallet but can not afford to move it out. so it pretty much gets taken out of the circulating supply.
nfts are certainly in a bubble, and their crash might start a bear market, but btc is not in a bubble and has gone up considerably as a hedge against inflation
it blew me away that crypto actually has fee. where i am, we never had fee, it literally costs 0 to send and recieve, as soon someone from third world country, crypto presents this huge barrier where merely interacting with network costs a lot of money by my standard and financial condition
fucking thank you. finally someone said it all.
add this one : the reason shitcoins grow 1000x is because they had zero value.
every single economic factor is in a bubble right now, house market, stock market, fiat debt and printing, china, world economies. add into that climate change, modern slavery, wealth gap and we’re still only at the surface. it will all blow at some point or will it, cause the rich run the world and control government policies. crypto is no different, except governments and rich are actually worried about it a little
xrp is the best layer 1 og blockchain me or not idgaf, federated byzantine agreement is best consensus mechanism of all time. ethereum is a boomer coin, eth devs just copy and pasted proof of work and now that it can’t scale are trying to copy. eth also apparently was deeply tied to cronyism in the us which seems to be why they get a free pass despite holding a legitimate ico.
the fact that this post has 6.9k upvotes is also a "giga red flag". this sub is honestly useless. this is the quality of post that gets to the top on a daily basis, meanwhile you cannot post actual news because you need 500 characters of giberish and you cannot hyperlink anything.
thank you for some truly unpopular opinions. but is common knowledge
is why it cracks me up when people talk about the chainlink team "dumping" tokens every week. meanwhile they are decentralizing their holdings in a planned and consistent manner. all while using these funds to hire over 400 employees and continue to build out their product. meanwhile a lot of these other projects have vcs that are given tokens before ico that they immediately dump on retail investors. ever wonder why projects open up, immediately pump, and then crater into the earth within a few days?
just know that you’re included in and it shows lol
every one of these (with the exception of ) is technically correct to some degree.
agree with most of this. only other comments... 4. i agree in terms of the way people intend to achieve financial freedom. crypto gives everyone the ability to leverage your assets, which is one way the rich get richer. so in that respect, it can. but yeah, yoloing into the latest dog coin is not going to make everyone rich, someone needs to buy what you're selling eventually so there will always be a loser. 7, i do not think you need to know cryptography or economics to succeed, just as you do not need to know how to run a business to invest in a company. that said, the sheer number of people who have never even used a crypto product is scary and why so many people lose their money making bad bets.
7 is a pretty popular opinion
well done, good show ol' chap.
lol somebody doesn’t understand how this works
is anyone else blushing?
holding ada is becoming more and more frustrating
the energy pow uses is part of the value prop; but you clearly haven’t figured that out yet and it scares me.
i see crypto currencies as a mlm scheme. the first few get in early and they earn money as they convince others to buy.
everyone's trying to get further ahead than everyone else by saving, putting money into stocks or crypto and working long hours. i dunno if people do not realise that society needs the vast majority of us to work to function and by everyone increasing their wealth that they will simply be charged more. in things like power, rent, food, other goods and fuel.
last time someone made a post like this, some unpopular opinions hit close to home.
>ice cream there are some promising payment solutions out there. the big thing people forget is that it costs the company money on each credit card transaction already so if there is an alternative to that, they will be more likely to adopt it. payment solutions should be figured out within the next 5-10 years (conservatively) and i would expect to see them each have attractive rewards. the big one to watch out for is if visa makes a huge preemptive move to get out ahead of its competitors.
the eth burn does not exist to pump the price lol. it's to remove the ability for crappy behaviour.
so what you're saying is buy iota ?
. algo am not it. you wanted unpopular opinions right?
the only number i don’t think is actually an unpopular opinion is number 3. so you score 6‘is it actually unpopular’ metric. nicely done!
burning supply in shibs case is the unpopular opinion over there so idk if these apply perfectly in all scenarios
well, thanks for posting this. i learned something from the comments due to your opinions today
8. everyone’s a guru who knows more than most... guessing you’re going to sell us your course next?
more of a rant than unpopular opinion
i do not want
i love all the 'actual' popular opinion gatekeeping going on. this is a message board for god sakes. people post their opinions, that is what it is for.
kudos for . also friendly reminder that ethereum was labeled a scam and shitcoin when it came out too. reddit has the proof.
compared to the usd it is doing just fine.
king you dropped this 👑
another reason why xpr . trade eth, btc, etc... no fees.
8. yes your ass looks fat in those pants
\3: yes, bitcoin is not a great coin. it's kind of like fiat - it is been around a long time, and we think it is valuable because other people think it is valuable. and, they think it is valuable because we think it is valuable. that "first mover advantage" is a huge advantage. but, this is why there is so much excitement on here for other, better coins and the eventual "flippening." \4. does anyone think that crypto will make everyone "financially free?" no, we think it will make us free from middlemen (banks, stock brokers, wire transfers, etc.) who extract money from us while providing a service that crypto can easily automate. \5. yeah, i think think most people here will agree with you there (see ). that's why there is so much hype on this sub for proof of stake, cheap transactions on ethereum l2, or other cheap transacting coins like nano. there's even bitcoin cash if you're into low transaction fees and a good track record.
long bullish on crypto & blockchain tech ; long bearish on human beings
fiat money is not a bubble, dipshit
any site where people can learn about 5 & 7
i think i pretty much agree with all of this.
you do not even mention the ecological thisaster of that useless thing.
unpopular opinion or truth?
great and accurate points! i asked how people conducted their dyor and 90% had no idea what that even stood for let alone how to do it.
waste a duck ton of energy? kinda like the banking system and cruiseships?
yeah the fees hit me hard from the start i wanted to use crypto for my day to day transactions as i thought it would be better but yeah cannot pay for shit or just pay double. one large retailer does accept direct crypto wallet transfer as a payment at no markup and they do seem to be pushing other to do so asap which makes me hope for a future where i can actually pay for with my stable coins
you're supposed to buy the dip
how is it a bubble if it has not even gotten started yet? there are projects that are literally going to replace aws, amazon shopping, twitch, youtube, chase bank, bank of america etc. they are not even close to accomplishing 1% of market share and you think it is already a bubble? weird. just because bubbles exist in our current financial system due to it being completely rigged, does not mean crypto is a "bubble" also.
*sniff sniff* smells like buttcoin in here
that’s a lotta words to say “ buy algo”
really great thoughts, i think though the crypto bubble is made out of titanium vs tin in fiat :d lol
i bought some etherium(?) in like 2018 on an app, couldnt work out how to sell it and uninstalled it. watch now its worth 10x what it cost me.
point 7 - should edit "cryptography" for "blockchain features". only people who need to know cryptography with any precision are blockchain devs for the most part.
most of these are correct.
5. i guess nano was waiting for this day
these are just sad truths.
1. eh, this could really depend on how you define bubble, but you have to put your money somewhere, so i'm not sure your point. 2. agree, people who want burns for the sake of it have a limited understanding of the economics 3. eh, every project is only as good as its network effect and you could argue that bitcoin has a strong one. however, its also shown to not want to evolve the base layer at all in favor of (lightning fixes everything), so that network could definitely diminish over time 4. disagree, crypto's goal is to make everyone "financially fair", which will enable many more to be "free" than in the previous system. 5. agree, some would argue that the trade-offs are worth it, but not me. 6. agree, best part of this post 7. agree, but that also includes the both of us
it sounds like you are telling us to buy ada
8. blockchain is a godsend for traditional financial institutions, with great potential to reduce operational overhead and labor costs. although crypto adoption by banks & financial service providers (paypal, visa) is great for the short term price action of your holdings, its really a sign that these middle men are racing to maintain their place between you and your money, before they lose their financial rents. 9. the fed is printing money to intentionally devalue fiat and "encourage" the adoption of future cbdcs. cbdcs will allow for maximal oversight, easy tax enforcement, and a new array of tools for the state to exert control over the individual - all at a reduced cost vs current monetary & regulatory infrastructure. this is the great reset.
meh thisagree with these but do you
so much wrong here so ill focus on 7... how many people that hold a dollar in their wallet can explain to you the economics of global policy and federal reserve banking? can you tell me who owns the fed? can you tell me how money is issued? can you tell me how debt works and who holds the nations debt? the truth is barely anyone understands fiat and its been the ultimate end all be all... nobody cares how it works and nobody cares how crypto works either (straight up)
all i care about is coin base and making a few 1000 dollars off if and helping myself financially
>crypto will not make everybody "financially free". if everybody is rich, nobody is. only about 13% of people in the u.s. own crypto so yeah it is very possible that they all become rich without the "nobody is rich" prophecy being fulfilled
on point 4, relative economic equality compared to the fiat system is not inherently making you poorer. reducing the real gap between the net worth of the rich and poor means the velocity of money will increase, which in the keynesian view is a good thing. from a hayekian view that savings are good for the economy in order to prepare for recession, more poor can save, which is also good. what you must be arguing is that this will create some form of inflation, which is not inherent in increased wealth equality. granted, i need to learn more about inflation. thanks for sharing these points, still. i enjoy seeing how people are ideating on the theory of money. nixon and kissinger probably did not see this coming when they got us off gold.
talk about limited knowledge. when i first got into btc in 2013, i thought 'fiat' was just the brand of car everyone was buying with their profits and could not figure out why that was even a thing they would want to do.
crypto is just like investing in fossil fuels! unsustainable, damaging and greedy. but mooooooooneeeeyyyyyyyy
okay now i’m skeptical.
listening to peter schiff podcast still makes me more bullish on bitcoin even though i do think it is in a massive bubble. it's got a long way to run before the crazy money flows in and the whole economy collapses. gold is the only asset not in a bubble, worth thinking about.
i got in because of anonymous. sure you can track the wallet but you have no idea who owns it. when the governement started getting their greedy paws into crypto, i held off on purchasing.
i know what i am. the crypto market becomes more dubious by the day, but i'm still here.
you are stating facts on the social aspects of crypto where some dumb greedy bois will end with less money than they started. but that is nothing new when it comes to investing, they just lose it leveraging crypto instead of leveraging forex. you are technological points are not really well though. codebase of btc will never be shit, burning as such is not bad, there are more factors involved. decentralization needs to be spot on from the beginning, if you sell 70%+ of your coins to some vc's you screwed up, you can put as much effort as you want to get it decentralized, it will be irreversibly centralized. moreover, not all projects needs to be micro transactions friendly, some banks laugh their asses off when you want to deal with them and your net-worth is not several millions you are willing to deposit.
my unpopular opinion at the moment is that eth fees are not too high. they are exactly the price they should be on the platform. the prices are determined by a free market. if you want your transaction to go through, you have to pay enough to beat out a bunch of others to be incorporated into the block. the fee is a testament to the value of the etheruem blockchain. if you want to trade eth or alts right now, you can do so in a centralized exchange, and you should. eth will scale eventually, but for a blockchain so used and full of amazing ecosystems, a transaction is just going to cost you… and transactions on the base layer will eventually only be how large corporations move value around, most will be very happy on rollups. most right now should be using either a rollup or an exchange. whining about fees on eth is dumb, it’s like whining about how bmw motors won’t sell you a cheap one of their cars, even though they can sell it for higher.
the average crypto investor invests in crypto to make profits, then pulls out that is why i think crypto will take a longer time than anticipated to establish. it's still viewed as an investment, not a currency. the moment anyone has enough to retire, they pull out and do so.
>don't waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. this one is a huge one.
vent finance, a perfect launchpad for early cardano-polygon projects, is something that we all need in our lives.
point doesn’t make any sense at all. do you think eth scarcity will make the network unusable or something? why would that make a difference to its utility at all. i don’t think you understand how eth works or what the point of 2.0 is
1 - what do you mean by "burst"? 2 - not exactly, eip1559 is far more than that. i'm not an expert on it but i believe it had to do with reducing the ability for miner collusion 3 - yes but bitcoin derives its value (relative to other coins) through having no premine, being the schelling point, for already having the largest network, through the founder never cashing out. 4 - yeah probs 5 - plenty of coins allow you to do that. try algorand, solana or bitcoin cash. 6 - bch was never centralised. 7 - irrelevant
point 7 makes absolutely no difference. the average stock market investor also has no clue about how the economy works.
8. make sure to vote for politicians that do not intend to cripple crypto in such a way, it might as well be banks v.2.0
5 + 6 = iota thank you 😉👍
4. i dont know many people at all that are investing in crypto. sure, we might be a few here but overall i dont think it is a big percentage actually investing in crypto.
but will my 1 million shibs make me a billionaire????
majority of popular crypto youtubers are just hype men to encourage retail investors to pour money into particular projects for the gain of the youtubers
stellar is the only coin worth a shit.
surprisingly enough i agree with many of the points, i do not think they are as edgy as some may think in sub such as this. i probably thisagree with 5. whatever the future holds, it certainly does not hold countering thermodynamics. in short the more energy intensive a form of security is the more sound is it. the proper question is "how much security do you need?", not "making it more efficient" (you probably cannot without also making it easier to override). pow is probably as efficient as it gets, the question is whether it is an overkill of a security (nobody is hacking btc anytime soon, but then again maybe nobody is hacking cardano either using orders of magnitudes less energy. cardano is not more efficient it is less secure, merely its security *may* be enough. honestly time will tell. imo pareto dynamics take over and serious blockchains revert to pow or use btc base layer as anchor...)
spitting straight faxx but i like losing money the cool way
99.99% of crypto investors have no idea of what you are saying here
as someone who grew up in the 90s crypto reminds me more of beany babies than the internet.
can i please add the elephant in the room? 8. the only reason 99.999% of all y'all (in spite of your claims to the contrary) give a flying f about crypto is that you expect it to appreciate. if crypto were pervasive, it would be as volatile as the pln usd aud jpy thb - and \*just like\* forex you'd have jack shit of interest in hodling it or trading it. this is why crypto speculation is its own worst enemy. stability and pervasiveness will be a reason everyone will want to exit and collapse it.
i thisagree with . i believe it is possible for everyone to be rich. people define rich many different ways.
i kinda agree with the whole burning supply thing. i’m some cases it can be useful but you mostly see it in low cap shit coins, saying “we burn half our tokens every month” or some shit and it never even changes price.
these posts are important to read from time to time to keep you in check. i just do not find 4. very useful though, is it supposed to make us feel bad for investing? we study and work hard our whole lives to make more money than other people as well and be better off as well, right?
8. crypto is not a logical way of earning money, it is just luck.
bitcoin "might " be a bubble , crypto is definitely not.
spot on! my 2 shillings on the first point about bubbles: when fiat bubble is about to burst or during the "burst" process, many of the largest centralized financial institutions will pillage their crypto coffers for the liquidity they will need to "survive" another day in the fiat marketplace. crypto is being pumped right now for this exact purpose. there will be a massive correction across many coins.
gonna need you to further explain the first one. a bubble like beanie babies, or like the internet circle 1999?
i dont like it but i have to say these points all hit too close to home. i tried to be in it for the tech, and being a blockchain developer just sounds like such a cool thing but i am thiscovering exactly how stupid i am with each technical article i read
trying to make a quick buck got me here. the tech made me stay. oh and so did the bear market.
soooooooooooooooooooooooooooooo cumstain coin 2000x by next month?
last opinion is wrong. i buy a coin it goes up = i make money, it goes down= i do not make money or lose because i did not sell 😎
the 4th is the worst one, but i bet op is absolutely right.
> if everybody is rich, nobody is this statement is only true under one type of economic system
these are all reasonable opinions in my view. point 5 is the most important i think.
i agree with everything and would like to add that using crypto fucking sucks, it is way too complicated and the security is bad for people who don’t have some knowledge. it will never be mass adopted unless it is simpler and more secure.
point 4 screams everything that brings in profit is a pyramid scheme
if nobody cares about the tech then why isn’t doge market cap?
why did you do this? you could have made **7** **(seven)** **separate posts to farm moons with.** amateur.
i can tell you this... i'm never selling my bitcoin! ever.
bitcoin will eventually be mined using surplus or thiscarded energy sources or alternative energy. everything else is short sited.
glad we're on the same page.
agree the bubble will pop
this is just an advertisement for algorand, which should not be unpopular. i love algo. it's seriously the best crypto. fuck forks.
r, i mess around in it for the fiat gains. edit: words
damn, the fake unpopular opinions didn’t ruin my morning.
on columbus day, i sent .32 and it was verified in seconds. i tried to send a wire but the bank was on holiday. i even wasted my time and gas driving there. btc is the future if you ask me…and the fundamentals are perfect.
>crypto will not make everybody "financially free". if everybody is rich, nobody is. you just want to ride on the back of the people that missed the crypto train that then have to work for you if crypto really flips fiat at some point. this logic is the only part i thisagree with. if everybody is rich, then everybody is rich. rich is not something that only exists in conparison with the wealth of others. if i have 10 million dollars worth of stuff (say, a lifetime supply of yummy food) and you also have 10 million dollars worth of yummy food, this does not make either of us less rich than if the other did not have it - in fact, we are now richer as we can exchange with each other. however, crypto would only increase efficiency and not absolute wealth in this sense, so you're still correct but for the wrong reason.
point 2 stems from a misconception about eip-1559. eip-1559 was not intended to reduce supply to increase price. you need to get rid of the incentive to push up transaction fees so miners get to earn more as it was suspected to have happened before. but you need fees so prevent someone from spamming the network with bs-transactions and block legitimate ones. so you need to burn the fees. but you dont want to have a strictly deflationary token, as that sucks and people will lose their keys, send it somewhere where its lost. so we ended up with infinite emissions and burning the fees. no "burn to recude price" was intended nor does it really happen to any significant amount and once we get sharding tc fees will finally drop (hopefully) and eth will become inflationary again. its just in a suboptimal state atm.
do your research and act accordingly. life is all about crunching numbers, after all opinions without 3.14 are only onions
the 4th point for me
considering bitcoin as only a store if value, isn’t it’s entire value based on people’s desire to operate outside of fiat currencies? isn’t that a bubble by definition? functional crypto is what interests me. i don’t want rich people making money off of mine and i want to buy coffee. i invest in starlink.
bruh we all know it’s a big shill fest. rule number one of shill club you don’t talk about it.
that's not an unpopular opinion. it's just an opinion. geez, people fall over themselves in order to feel some kind of special these days.
is technology dammit , so sad the ignorance some people
it will definitely not make everybody financially free but you do not have to be the smartest person to come out ahead in this still relatively new game you just have to be smarter than most and when you look at how dumb the average person and remember that half of the population is dumber than that then i like my chances of coming out on top in this crypto game.
unpopular opinion full of popular opinions. thanks mate for insight.
change 1. from "crypto" to "altcoin". bitcoin is never gonna burst.
if these are so unpopular, why are you getting so many awards?
crypto is worse than the banking system lol. so many people get screwed. and the lack of knowledge will always stop it from going mainstream
> if everybody is rich, nobody is. that is why finance youtube channels are such bullshit. if everyone was making ,000 a month from their robinhood affiliate links we all would
that's mostly right and not a very unpopular opinion. but the crypto subreddits will now try to kill you.
point 2 is just straight up wrong. a mint and burn crypto model is equivalent to a spend and tax fiat model. just as taxes are needed to manage the value of usd, so does burning crypto help manage the value of a cryptocurrency.
so digital currency is ultimately the way to go... why hand "dirty" physical money back and forth when you do not have to?... but will the digital base currency be btc? maybe... that is why all of this is going on... so go with it for now, but it is hard to imagine countries not using their own version of digital currency... and to imagine it will all transpire without taxation is dreaming... just putting that out there...
on , of course it would. it wouldn't have the vast network, first mover advantage, etc... it would just be a copy with no demand. if it was a vastly superior product on the otherhand, it would most likely find success eventually. on , nothing today can provide "financial freedom" by your definition as in making everyone rich. i find this argument about riding on the back of those who missed the train flawed. it's like saying not to invest in cars because you will be riding on the backs of horse owners who fell behind new technology. now, if you are referring to riding on the back of the legacy financial, then sign me up. freedom can also be used to describe the ability to spend money how you want anonymously and wwithout interference. ex-bank not letting you transfer to a crypto exchange. i do believe crypto can provide that type of freedom on , i'm not sure that has to be the case. for example- you could write code for a coin that upon implementation gives equal rights to each coin and airdrops the entire supply evenly to previously used eth addresses. this would make the coin decentralized from creation. i agree it is good to judge by the efforts taken to ensure decentralization.
gonna add mine. nfts are not bad. they are not for money laundering. at least not more than any other token could be aswell. some people just do not like third parties taking 50% of their profits. some people just want to make stuff and pioneer this new technology. yes there are some shitty projects. no they do not automatically reflect the whole space. yes there are projects which you do not understand. thats fine. just shut up, keep your thoughts to yourself. they would not change anyone that is in the space and anyone that thinks about joining will have to thoroughly research the thing anyways so they will have their own opinion and do not need anyone else's. as op said: you want to be the future, behave like it. and shitposting about how much you hate a specific community to gain some fake internet points is not the future.
a lot of you think in a fiat mindset
2. errrr they aren’t burning to increase the price, they’re burning to reduce the power of miners who are trying to increase the price of transactions 🤦🏻‍♂️
so you're saying buy nano?
your comment alone made all cryptos drop in value
my personal belief is that the majority of the crypto value comes from it is portability. if you are a wealthy individual who may need to flee a purge in your home country a crypto wallet offers the ability to hold and escape anyone with a large amount of wealth held in a secure way. only crypto can do this.
"if everyone is super, no one is" 👀
i think those who say crypto will make the world financially free are those talking about removing corrupt banks and middlemen from the picture. it also provides a fair thistribution where a centralized entity is not inflating a currency by printing money. furthermore, it is borderless and allows those from poorer countries a better chance at financial freedom than traditional fiat markets.
1. in theory, everything... so, eh? 2. instead with fiat they do the opposite: print more and more. how's that going? 3. this is probable. but the same could be said for a new fiat currency. my point here is that it does not matter, because it is been widely adopted... like fiat. 4. it's one piece in the big puzzle... so, yah. 5. erm, do you understand how this is all working so far? 6. this is also no secret. 7. don't be so hard on yourself.
obviously op is a financial genius and isn’t a smug douchebag at all
it's just a repeat of people investing crazy amounts in tulips
ya got any creditable sources to back up what you say??
i’m waiting for the punchline?
i back you up. every word
you sound very emotional. i trust you completely.
have you tried xanax?
sounds bullish on cardano tbh
here’s another one, crypto can’t be both anonymous and immutable
1. true. but so was the dot com bubble, out of that bubble rose the tech giants that changed the world (and had thousands of percent returns). betting on the crypto market cap index is not the best play. 2. false. my view is the inverse - creating supply by massive farming rewards on certain shitcoins is what reduces the price. look at any chart of a farm token - like a stegosaurus then a tail then the tip of that tail is down on the ground at zero. 3. true 4. true. those who are in last (governments, banks) will be paying those who came first (techies, retail) 5. true. proof of work is on the way out. 6. true, this is normal. there is always a creation process for a project. 7. true. don't buy a "coin" unless you have used their dapps. don't invest in crypto unless you know how to use metamask, solana, etc. the people buying farm tokens on coinbase are just getting dumped on by the yield farmers. pretty good effort, 6 out of 7 mostly correct.
once efficient fusion is created we will all be rich.
bitcoin is king baby
you want a real unpopular opinion? the wealthy have already taken over the crypto market and manipulate it with ease.
unpopular agreement: point 1: yes point 2: laughably yes point 3: yes point 4: no, i've seen many people become financially free from crypto, dyor. point 5: yes (laughs again at eth) point 6: yes, it is the nature of technological evolution point 7: yes come to solana people and get into defi, will literally red pill you out of the hiccups of what these other blockchains have to offer. looking at eth directly with its "gas" fees.
you're not my real dad!
want to be the future? behave like it. be efficient. do not waste a fuckton of energy. do not have fees that make it impossible to buy a fucking ice cream without paying double. 1000%
lol how is fiat competing with crypto in being a bubble? you really think that fiat has a better chance of going boom before crypto? the delusion is absurd.
here’s one. crypto scams serve a good role to educate the gullible. pay the tuition until you pass the grade. overall a more educated group of people leads to a better society
i was born in a bubble. i'm a bubble boi. life is just a series of bubbles. in my dreams, all the bubbles pop. it's beautiful. it's a nightmare.
thanks for sharing! your opinion, like everyone else’s is valid, until it is (or ultimately isn’t) true. you are absolutely entitled to believe what you want, and i sincerely hope you won’t get too butthurt if (or when) the crypto space materializes to its full potential. i hope your post doesn’t get revisited as a meme like the guy who sold his btc years ago, but i would bet that the odds in saying it probably will. we’re all right until we’re proven wrong. good luck with that! edit: whoops, wrong your’re
this while post is uninformed under the guise of 'unpopular opinion.' if anything, the fact that this has 12.1k votes is what is scary... but also confirmation of just how early we are in that so many people have limited understanding of blockchain. if you get your blockchain information from reddit, your ngmi
conclusions we all come to at some point, until we read more widely and delve into macro economics.
welcome to investing and life. if mcdonald's was released today it would be number 1. great fodder for what if. but because of this possibility... i'd have to say all burger places are bubbles... which means. all your bubble are belong to us? great read... do not stop. please. don't.
every 10 dollars you put in an account, they need to keep 1 at hand. they lend the remaining 9 for interest.
so masterbating is popping the bubble?
financial freedom in the crypto sense imo is not being rich. it's not being locked into a central system. you get your financial freedom and power back when you transact in an environment that is spread throughout the people. obviously everyone does not get rich when prices go up, otherwise it would have no meaningful effect.
is an unpopular opinion?? i'm scared ☹
crypto is just a pump and dump lottery.
i know crypto has been great to me and i’m hoping for many more good experiences. there will be ups and downs and it’s not perfect but crypto has been an awesome innovation
you are pretty much on point.
8. crypto relies heavily on the power grids. i foresee in the coming future major issues sustaining power grids especially when so many governments are pushing for “green” electric cars. the united states infrastructure is already maxed out and needs to be massively updated.
crypto is a process. there is no doubt currency will go digital in the future. getting there is what we are doing now. humans used to use the barter system. jill traded apples to fred for grains. they both laughed at karen when she offered small metal thiscs for their goods. they said karen you are crazy, this scheme will never work. you just want create a metal bubble ! but you know that objection was later solved with paper notes. more improvements followed ... banks, cheques , credit cards ... and here we are. perched on fiat, the intermediary of barter and crypto. crypto is now what the internet was in the 90s. it’s a very exciting time. and bubbles happen. early adopters amassed huge wallets. one whale taking profits can cause huge market fluctuations. but each time they cash out , coin thistribution increases and we get one step closer to stabilization. could we have had a civilized west without first having a wild west ? so it’s technical improvement and stability that drives adoption. the story is being written right now. you can be for it, or against it, but certainly it’s becoming harder to ignore it.
which is why you want to be an exchange or part of a large algorithmic fund to capitalize on exchange fees or let an algorithm sweep up low risk alpha all day. the common investor is getting stomped on and always will. grv is the only token being used as a gateway to hedge trading for investors at all levels. i wouldn't go super heavy on it necessarily, dyr etc, but it is the only token with actual meaningful future utility let us be honest, all else is dust and false promises of endless reflection or some other bs. btc and grv is all i own anymore.
i think so many people fail to realize what cryptocurrency is. first off this technology is not just cryptocurrency, its blockchain technology. this is just the beginning of web 3.0 technology. blockchain is going to turn many industries on there head, for very good reasons. blockchain is what is going to enable the human race to move into the next technological evolution. fair trading, decentralized industries, free information, secured iot devices, secured voting, the list goes on. yes the cryptocurrency sector is getting rather crowded but invest in blockchain companies that will revolutionize the world.
think the one point i would take issue with is the idea not everyone can be rich. if rich means having in excess relative to another group of people labeled poor then yes not everyone can be rich. but if rich means having excess of your own material needs then yes i believe it is possible for everyone to be rich. i think daos thistribute the value of economic gains much more equitably than corporations do. in fact it is the sole purpose of corporations to thistribute as much value as possible to shareholders. but in a dao - if it is designed so value created accrues to the price of the token then it is thistributed among users, contributors, and investors in the token. if the future sees the dao as the primary organization for large scale economic activity and replace the corporation then yes. yes i think everyone can be rich if we're all working for and with daos in the future.
>1. crypto is a big bubble that is competing with the fiat bubble in a game of chicken who bursts first. crypto is literally in it is infancy and you say it is a bubble ? and the irony is that this post getting 12k upvotes. i guess newbies have zero idea of what they are dealing with. this is a 'shit' post. only deserves a downvote.
here’s mine: every cryptocurrency that isn’t private is a complete violation of the original purpose of crypto, and should eventually be abandoned. yes, all non private cryptocurrencies.
i like bubbles...to be more precise bubble butts...mmmmmmm bubble butts...and that is all i have to say about that. thank you.
maybe crypto is all a dream and we will wake up tomorrow. and you were there. and you. and you. and you.
op´s post in one sentence life is a just a game of bubbe bobble (no cute dinosaurs)
i just want to quit my job in 10 years or less.
i want crypto to help me achieve financial freedom through long term hodling, dca and staking
most points have kernals of accuracy but are too narrow in view to be fully correct. the fiat "bubble" is controlled and manufactured to benefit the rich. you know who gains in a recession? it isnt poor people. this will happen in crypto once the rich take control. recognize the patterns and move on because we are already there. also, i think the only point youre way off on is why eth has to be burned. it isnt an artificial pump on price at all. but then again, you also outed yourself in point so here we are.
it's a fair list, but it is not really that unpopular. it's okay to question things. far scarier, when people blindly put all their eggs in one basket 🙃
you're so right it is hurting.
this is a bullish post right? i'm pretty sure this guy is bullish.
the average crypto investor thinks dogecoin is useful & a great investment, yeah we are done
life is a bubble
is my big one. so many crypto investors think they are awesome but havent managed to make it off a cex yet. they also think they are insured
exchange and usage of crypto are becoming more regulated across the board. so unpopular opinions are okay, but we should avoid it, and need to start researching to explore other currencies and tokens like .
crypto, in my opinion, has enabled decentralization and created a secure, transparent, and rapid trading system that we could never achieve with a centralized and fiat monetary system. apart from that, supraoracles which was created by a collaboration of established individuals from some of the world’s most thistinguished organizations and blockchain projects has piqued my curiosity.
trade and use of crypto are rapidly growing across the world, and increasing day by day. so there is a different debate and opinions are published on various sites, but we ought to stay away from it, and need to dyor to enhance our knowledge and explore the present coins, as , the best nfts spot.
i just want to have "fuck you money"... right now i've got "to heck with you, sir... may i work some ot?"
crypto, in my view has fostered decentralization and built a clean, efficient, and fast trading mechanism. besides that, supraoracles, a blockchain initiative founded by a group of well-known individuals from some of the world’s most notable corporations and blockchain organizations, has grabbed my interest.
crypto became unattractive to me when people started talking to me about it that had no idea wtf they were doing and just said buy this. my boy said it’s gonna moon and when celebrities started pumping it. now idk what to do with my money i don’t want cash i don’t want real estate i still trade options i hold no stocks unattractive atm all the markets are being driven by greed atm. that my unpopular opinion.
didn't listen, went all in on shiba and elondoge420 coin. see ya in my lambo, nerd.
speaking truth to the cult. bold move cotton.
everybody being rich is a good thing, but that means no control by any organization. this is the issue, it has nothing to do with money. money is an accounting system and nothing else. governments want their tax money. capitalism is not contrary to everyone being rich, there will always be people with more. those who give their money to others with already more...
my brain says... an error occurred while understanding this, please upgrade your cranial architecture 🙄
these “unpopular opinions” are starting to get annoying it’s not unpopular if it gets 5.1k upvotes
crypto is just fiat 2.0 and about to become cbdc. good luck buying anything outside of that system when the entire point is to track and prevent that. as bad as cash was, it still had some autonomy.
6 is the big one for me. i judge a crypto by how little hardware you need to run a reward node. i'm waiting for the crypto that uses my smartphone as a node while it is on charge at night. imagine how much decentralisation if it were that easy to start a node.
i thought 3 was an extremely popular opinion given how obvious it is.
not popular but also not false. 1 is maybe a bit dramatic, but not entirely false... when it comes to decentralization it is like independence in kids. you want them to become independent, but if you leave them to figure out everything on their own, they will probably fail. definitely needs some type of guided evolution to make sure baby grows up properly.
is number 6 true for every native blockchain coin? i imagine there are ways you can decentralise it from initial mining. like ergo has a proof of no premine for example
you a crypto cos you acting like a bitchcoin! joke, yes unpopular opinion but some uncomfortable home truths!
>the average crypto investor has such a limited knowledge of cryptography this am not an opinion tis a fact. nobody here knows shit about duck.
i strongly agree with point 4. that amount of times i see comments like that is incredible. in the end it’s investing, been around for decades crypto is no different to the average person
i like the crypto when the logo has pretty colours and shapes
are you shilling nano?
i would go further on point 6. decentralized is not something a project is or is not. it's an ever moving scale, which encompasses multiple different things (consensus, governance, tokenomics, geography etc). you can run 10,000 nodes to participate in consensus...but they could all be in the same data centre. is that more or less decentralized than running 1000 nodes across the globe?
your seven points hurt me.
7 is you. you must be in a state of panic 24
damn, that’s actually something i agree with
the real unpopular opinion is that all alts are shitcoins. bitcoin is the only coin ever to have a fair launch, and a decentralized network. the rest are all centralized in the hands of a few men, regardless of what they claim.
someone who says bitcoin wastes energy should not be giving "opinions" here.
i cannot tell whether this post is a troll or whether an average poster of this subreddit is so ignorant. i find the point about crypto being a giant bubble to be primarily hysterical since i remember people telling me the same thing in 2016.
how do i tip reddcoin with this thing?
i always ask people that express interest in crypto what coins they invest in. “oh i buy that one with a dog on it and some xrp” or any other top 10 coins. **immediate red flag, probably doesn’t even know what blockchain is” me: you know what a dex is? what’s your thoughts on polygon network vs eth? how do you think this etf will effect crypto? them: im not sure, i just buy doge on robinhood. lambo time!
nfts 🤷‍♀️. the only nfts that will hold value (outside of those used to launder money and), are those associated with popularized video games, or those associated with original fine art by well-known artists. don’t get caught holding the rest of them.
this made me laugh because in a way this is what i’m trying to do. make gains on crypto, convert to fiat, buy property.
you need to understand there is no bubble. at that point you can bend the spoon
by that logic, everything is always a bubble. nations come and go with time. its only in economics that you assume the entity will continue forever. welcome to being alive. and dying.
everything is a bubble at some point, you just to time it right to not be at one with your money.
redeem for a 30 acre homestead with a nice house and take care of your and yours.
life was so much easier when the only bubbles we knew were blowing bubbles as children!
this actually makes sense and it is scary
because it is a bubble, so to speak. the more the hype - the higher the price. with out steady growth there be less and less hype, to the point it will drop in prices like a snowfall. addition note may be applied as to cryptocurrencys are mostly backed up by a black market. when, big governments start to do something about - the price will drop once the market is flooded with mexican billions. it’s not a bubble, but it kinda is
here's my unpopular opinion: its okay for a real estate bubble to burst because you get a house at the end. crypto would not be worth the paper it is not written on
naw. you want to redeem into real estate *after* that bubble bursts, but before fiat; then it is on sale.
except the house... you're gonna wanna buy after that bubble bursts... buy the dip!!!
land will always be valuable though
reminds me of the old onion 2008 headline, "americans demand a new bubble to invest in"
gotta stock up on physical precious metals.
sell all your altcoins and store as bitcoin. the only one with a finite supply and true decentralization that was engineered to be deflationary.
no. you redeem for real estate *after* the bubble bursts
real estate is safest because it’s limited, required, and real.
- at least you can live in burst property bubble.
this is unfortunately what is probably the best way to escape certain thisappointment.
it's bubbles all the way down.
as long as you die before running out of money, you good. that’s my plan at least.
isn’t life a bubble?
i can sell you some sweet tulip bulbs.
comment of the month!
i think we're already in the 5th or 6th level of bubbleception right now for fucks' sake.
oh man, this hit too close to home 🙃
buying real estate after a housing bubble has burst is actually pretty great, i know of people who got very good deals on houses in 2008
it's just bubbles all the way down
> redeem for real estate before that bubble bursts? cant live in a blockchain
yeah i think that’s basically it…. that is unless real estate ends up grabbed by the state a rethistributed by politicians.
i mean, it is not really. 99% of people in crytpo do not view fiat as a bubble, they view crypto as their way to get more fiat.
the irony is also that the post of all unpopular opinions getting popular af.
everything is a bubble, even life. when that bubble bursts you die, so what to do? make the best of it while you still can ![gif](giphy11vhm1etxu0kms)
oh boy, op should post this in the r🍻
this post is like i was in highschool, unpopular on 7 levels
yep. a lot of these statements resonate with me. been saying it for years, and doubled down on it with the gme wsb fiasco. oh, you do think gme's share price is going to ,000, and this shit coin's going from .00000005 to .01? if it is this easy to become a millionaire, we're all multimillionaires, and i feel bad for the few that arent. also, the people that constantly bad mouth fiat, but panic sell for fiat... on the positive side...i do not think we've seen this many folks interested in investing in a long time.
if people gave a fuck about any of these opinions, the top 3 would be nano, monero, iota. sadly, utility is an afterthought for most.
well, it is far from wrong, though. it does not really matter if you're inside or outside the crypto space, bubbles do form in crypto and they are even more susceptible to bursting and unleashing chaos when there is nothing that can be done to limit the resulting damages.
interesting, i usually just hear "crypto is a bubble" or "fiat is a bubble" but rarely both, hence an unpopular opinion.
no unpopular opinion posted here is unpopular, but they did seem to nicely fulfill their purpose of farming moons. reposting this same post every 2 weeks or so seems to be the norm here.
at this point it will just be interesting to wait and see who's right.
this whole post could be said of any investment
total value of fiat wealth is 200x that of crypto wealth. if it is a game of chickens, there is a long way to go in that game
5 is actually the biggest and real issue. if crypto (across the board) were "soooo" innovative, in today's world it probably would have already made seismic impacts on the world. it might still, who knows, but it feels like all cryptocurrency has only taken the first step towards meaningful change. the next several steps - environmental justice, aggressively good behaviors, increased potential for equity, simplification of exchange, etc - those will all be the actual "revolution."
yeah, we remember beanie babies...
it's a game of us against them, and folks in here are just happy we're early for something.
every long term asset is in a bubble welcome to the future of inflation and bbbbrrrrrrr politics.
it's almost as if it is the concept of money that is beyond parody to the point we have competing currencies. oh well guess we will just continue marching through a capitalist hellscape for the next thousand years since "it works"
everything is a bubble if you zoom out far enough.
but how else does he expect it to be adopted? it's not usually forced on people like fiat.
at least people are starting to see fiat as the scam it is, hopefully in the not so thistant future we will be able to let it go and adopt a new system. be it crypto or not
and is ironically in direct opposition to op's 7th point. this dude does not know what he is talking about. lol.
true, every anti-coiner believes this.
crypto "currencies" are assets. an asset value is always defined by whoever is willing to own that asset. if nobody wants to own the asset, it is worthless, e.g. worth .00. some assets have an intrinsic minmum value, like property, other assets do not and depend on other people to define that value.
question is, which will be the next bubble to position ourselves onto ? oxygen ?
2nd unpopular opinion, pumping the price via tether as some exchanges do is exactly what the bank does.
indeed. ' here's a free moon for you. totally random, and i thought it would be cool to double up your moons. enjoy :)
at least two people inside the crypto community think it too. op and me.
i would like to be educated
that’s a complete false equivalence.
or how banks keep your account safe with encryption
investor, not customer. if you just use crypto it is totally fine in my book to just know how to not get ripped off. for investments i would personally set some higher standards but maybe thats an unpopular opinion as well.
to add onto this, op's post goes directly against 7. op does not know what he is talking about, and is just trying to make crypto look less meaningful to the common man than it actually is.
each operation having a huge fee probably has something to do with it
and that is a problem!
i'd say most people are not aware most investment companies make their money not by owning actual stock. they mostly just place bets on if the price of stocks will go up or down. kinda like pancakeswap prediction game.
and you wonder why financial literacy in many countries is so low...
but they are not directly invested in banks
completely true, but they also do not really need to, in the us at least. consumers have all kinds of protections like fdic, chargebacks, heck even password recovery. for most people, it is pretty safe to just ignore all the workings. for crypto that is way less true, and i think that is a huge barrier to adoption.
no one knows shit about fuck.
exactly, whether people "understand" how the space station operates has no bearing on its importance or value.
crypto twitter is point 7 through and through. it seems to be largely made up of 'crypto influencers' who do not seem to grasp any real knowledge of econ or cryptography yet perpetuate financial advice to people. you're correct about the average bank customer but they do not go on and advise people on banking whilst masquerading as an expert.
i was gonna say, it seems like this is actually a good thing. if people can get into it without understanding it well, it opens up accessibility to more people. you do not need to understand everything as long as you are confident that people you trust do, as you mentioned, similar to banks. however, whether it will work out or not is a different story... similar to banks.
the average bank customer isn’t proclaiming “be your own bank.”
i tell you, i am shocked that there are not 3.6 million economists and cryptographers in here.
to be totally fair, people are not all idiots like you seem to believe. they understand that bank make money with fees, interest and stock market gains.
but the average lender does. the broker understands what stock is. crypto “investors” aren’t akin to people with their money in a bank. they’re akin to the people actually deciding where that money goes, because they’re choosing the coins they buy.
wait, really? 1) fees 2) they charge you 6% interest for a loan but give you 1% interest on your savings account. seems simple enough...
i think most people know this, do they not?
but it is a safe way with rules that are pretty easy to understand... and you would not go from 100 to 0 in a week
at this point, more and more average customers do know banks are ripping them of alright aka their main modus operandi.
the monkey with the smallest testicles screams the loudest.
this is so true, when i was first involved in bitcoin. it was only programmers and people studying computer science that were interested. they were older and had at least some money to invest. now it seems 90% of people here are children, with some pocket change from their parents. only hoping to 10x their investment so they can buy a playstation. this explains the rise of meme coins and all the the centralized shitcoins.
i have over a year salary in crypto and even i do not think i'm qualified to give advice.
those same people are convinced they are gonna be millionaires on that same 200 bucks as well lmfao you need to put some real money at stake to make a million on any 1 or 2 investments, like start at 10k...which is risky af considering how early you have to be on a project for even 10k to turn into real money. i'm not hurting for money but i have weird feelings when i throw down 2k down on a low cap project...and usually when that doubles or triples i feel real pressure to take my couple grand windfall and bail because no one knows the future...you would have to be a complete psychopath or totally forget you have the bag to ride some shit from 0.001 to 50 or like bitcoin to 10s of 1000s
>imagine giving advice and opinions like that for the stock market with the same amount invested? > r
> “i’m all in on x crypto” but it’s actually just . also the reason they are in for under . who the hell would want any kind of financial advice from someone in that situation?
on the similar note, i hate the people giving advice because they are a crypto “veteran” because they held through a dip as if that qualifies to speak on the matter with some level of authority.
"i just lost my life savings in a rug pull, what will i ever do?" - says the 22 year old who once had .
yea that poll a few months ago that asked how much you have invested was pretty eye opening. the majority of the people here are not even crypto minnows.
that's the thing about advice, its from people's experiences. most are wrong cause they have little to no experience.
to follow up on this, most people who talk about dcaing really never dca-ed in their life. this is their first time doing it and first time even saving money and following weeks, they are now doing it for the first time. that's far different than say adults who have been putting ' college fund"hey, crypto looks like something i should allocate some of my assets into." then they decide to keep . or maybe the family decides to cut back on spending and still put , but save another . that's called budgeting and you need to be doing that. don't pretend that suddenly starting to dca will make you a millionaire. anyone coming into crypto thinking about getting rich quick when they have some tiny investment only is really doomed to fail.
this sub should be 18+ actually most social media should be 18+
and they’re always soooo confident too, i don’t get it.
add a zero and still do not think they got shit to say. add 2 zeros, 100,000, now i might listen. and this has nothing to do with my stack size, it is certainly smaller than 100k lol.
yeah people making money dont really give too much advice. in any case the only advice is, dca in and hodl.
so if i've invested , that makes me a credible source of advice?
errm excuse me, i have , i must be a whale, no? will you take my advice? (this comment was made as a joke, to be safe)
...literally all in for i'd guess 3. if you are venezualan or iranian or something, you are likely to have done a lot more research on a £100k investment
what would you have people do? verify their holdings on the blockchain so you know their advice has some weight behind it? there is a reason why people who hold significant amount of money in crypto arent talking about it
being “all in” when you live in your mom’s basement isn’t saying much
there are just too many "internet experts."
ah dude, i’m a little fish just trying to make it! lol but i wouldn’t offer any advice since i’m also a jackass lol i can give ideas of what not to do, though.
crypto is more popular amongst the younger gen. most people here still has student loans and cant even afford their first house yet.
your comment seems to imply that only someone with a lot of money should share what they believe is good financial information. people with a .
i'm not so sure about this one. more money invested may or may not mean more investing experience and research done, but in the end its just someone with more money... which does not necessarily make their opinion more valuable.
this is my biggest problem with crypto, i cant invest alot so i cant make alot. i think if the smaller people need to be more honest with their investments then shouldnt the people with millions invested be like "you wont get as rich as me investing 500 bucks"
this is so true. while i understand that someone bought 1 eth and is happy and wants to share, but ffs don’t use that “experience” to call yourself an expert
how does it matter tho ? if they are making % gains, it applies wether they invest 200 or 20000. just because someone has more money, does not mean they know what they are doing or that their advice is good. 200, so they might very well be "all in". the problem is people following blindly posts on reddit because someone invested a lot in a coin. if you would not follow someone investing a little, why would you follow someone investing a lot.
if your poor your worthless - impyandchimpy
> but it’s actually just to be fair, this is literally *all in* for many people.
as a broke college student, i actually am all in with .
how does a large investment make you competent? take a scroll down r.
agreed. i don’t know how googles algorithms work but i bought their stock anyway!
agree, but tbh the point definitely still stands if you replace 'cryptography' with 'crypto industry'. and there were do have a problem sir.
that was kinda a weird thing to include in the list.
if it was, it would be a gigantic barrier to entry.
yeah your average consumer has no idea how banks make money but they all have accounts
op is very easily frightened.
the average fiat user does not understand how it works either.
exactly how i would explain it. i do not know how a computer works but i know how important they are and the benefits of them. i do not know about the coding of crypto either but i understand it is potential uses and benefits.
that’s a lie. the average investor needs to understand how to secure the accounts they use and that requires at least knowing what types of passwords are secure and what aren’t.
difference between user and investor. if you’re just using it you dont need to know anything. if you’re investing and betting on new technologies then you have to know something, otherwise youre not an investor but a gambler
shit i started doing a free online mit course on cryptocurrency and blockchain technology and i still hardly get it. i understand the basics but if you ask me to explain it to someone i’d be fucked.
it's like arguing you need to be able to program to use online banking.
i don’t know all the ingredients for coca cola but i heard it has cocaine in it so i’m all in!
i'm kind of conflicted about that... when people say "do your own research!" and "just invest in a project you believe in!" (as they do all the time around here), how deep in the weeds do you need to go to ensure you're not just confirming your initial bias based on the coin having a cool name or the inventor's charismatic ted talk? many projects make impressive-sounding claims about how they are going to revolutionize this or that industry. whether those claims are plausible relies partly on the technical details (as well as a bunch of other factors that are nearly impossible to predict).
oh, i agree. it still scares me. i just wouldn't have the balls to throw my lifesaving at something that i have such a limited understanding of.
then let me tell you a thing about cryptozoology. >!big foot is gay and that is why you would not cross one of them in you're entire life.!<
i'd also add that if crypto truly is going to be the future, people need to be able to use it without understanding it. like using git hub, it is not good if it is not intuitive and plenty of people struggle with very simple things on computers. no one will ever adapt to using bitcoin if it requires being your own expert in a technical field to do so. so if many people already do not understand it, i'd say that is a good sign.
just pick the right coin to ride to the top
just like investing in stock. knowledge is beside the point (unless you’re an insider).
there are so many posts with ideas and analysis from relative rookies though …
big agree. this argument never makes any sense
then how else would you read?
yeah it was a very weird point to make. why would i have to understand how something does something when i only care about what it does? (unless we're talking about the ethics of whether or not the means justify the end, which we are not here)
but calligraphy is needed? right?
yes, because you are investing on an emergent technology
the average crypto investor needs a very basic understanding of cryptography. think about this, knowing what a private key is and public key is is part of cryptography. if you do not know what your private key is, then you might give it away or lose it. if you do not know what a public key is then you might confuse it with a private key. the average investor needs to know this unless they plan to keep their crypto on a centralized exchange for it is entire life. you also wouldn't put you money in a bank that told you who owns what amount of money that is stored at the bank without knowing what protections we're in place to prevent it from being stolen. crypto stores all transactions publically on the blockchain, so why would you trust the chain without the slightest knowledge of how your coins are protected? you would want to know that the bank is insured, has cameras, maybe has a vault that the money is stored in, etc. investing in crypto without a knowledge of cryptography from which it gets its name would be like investing in google without knowing what a search engine is or maybe even what a search is. sure you might not need to know how their algorithms work, but you at least know basically what their product is and what it does (rank user searches). changes are if you're invested in google you probably also know basically how to use their search engine to get a decent result.
look at these downvotes on people recommending knowledge being helpful. lol state of this sub, so scared
how dare you drive that car when you do not even know how a combustion engine works :o
people should have a very basic understanding of things and how they work they might not be able to eli5 effectively, but most people know of a bank for instance as an institution that holds money for customers at least. you do not need to understand fractional reserve banking, but you should understand that your money is not going into a mlm that you cannot get back. i think the same thing with crypto. you should understand you are owning some coins and how blockchain works at a very very basic level and what happens when you buy coins on an exchange and withdraw to your wallet. the problem is people entered the scene with no knowledge. youtube videos tell you how to go on defi exchanges and click 12 buttons and approve a bunch of stuff without reading to buy memecoins like safemoon. i remember doing that myself and am guilty. i did not understand what i was doing, and people did the same with shib. some people ended up paying hundreds in gas fees. i ended up regretting it and spent a whole weekend watching tutorials about how defi works, liquidity, etc to at least know what i'm clicking on in metamask when i approve contracts. otherwise, you get people who end up approving shady contracts and get their coins stolen from them. so in the end i do not think you need to be an expert at how things work, but you need to know at a super basic level what they do. for instance you do not need to know how a car works exactly to buy one. but you probably need to know how to drive it off a lot and that an engine consumes gas which then is converted to mechanical energy to turn the wheels and push the car forward. you wouldn't recommend someone who has never ridden a car, driven a car, or even seen a car to buy a car the first day they exit amish country and enter a city.
the key takeaway i get from that might actually be why op said it - the people i know who understand how blockchain works do not like crypto, and pretty much no-one i've seen advocating crypto to me has understood it. if that is not a big red flag i do not know what is.
theres a lot of uninformed opinions on that list, guised as unpopular opinions. if i say the world is flat — does that make it an unpopular opinion or am i just an idiot?
uninformed opinions can be unpopular or popular, just depends on who the audience is.
op does not understand much about crypto, what else is new?
uninformed opinion qualifies as unpopular
i do not understand how burning the base fee eliminates off chain incentives for transactions. eip 1559 does not seem to explain it well either. yes the priority fee gives incentive to use eth for increasing the chance of getting included in the block but how does burning the base fee help with preventing anything? all it appears to be is a flat tax on eth users. i'm not saying this is not the case, but would love to hear the actual explanation for this reasoning.
though this doesnt mean burning tokens isnt a red flag. most of the projects that burn their tokens are bsc. shitcoins that infact do this to pump the price, to make their investors ("who are taught burning tokens is very good for them") happy and to create hype.
and eth is still inflationnist. just 2.
yeah, i think op is mixing this up with shit"burn" a ton of the coins at the start
i'd like to know more about this. i've searched before but have not been able to find and explanation on what is burning's purpose. what reliable source can i check? thanks!!
get out of here with your truth and facts! this is not what gets upvotes in this subreddit!
at some point it is expected to go deflationary, which is terrible because it just makes people not want to use it...
totally. kind of crazy how history repeats itself differently. that toddler analogy us perfect.
jumping out of lambos*
it kinda proves point 7.
and then goes on to this lol *the average crypto investor has such a limited knowledge of cryptography and.*
yup, for those looking for specifics on this, check out my comment below.
op suffers from on the list.
what do you mean? eth is supposed to be used, ie have utility. you need to pay gas fees for this. having it as a deflationary asset thisincentivizes use. inflation incentivses use. economics studies around the world's for decades have proven this. if eth wants to adopt use cases where eth is the gas fee, deflationary is not the way to go
you echoed my sentiments exactly. i’m a young millennial with some thisposable income, so why not risk it on an investment instead of letting it sit in my bank account losing value to inflation? i have no dreams of retiring on crypto, just maybe putting my gains toward a down payment on a house someday. and even if it goes bust it’s no big deal, can always make that money back
i want crypto to help me achieve financial freedom through long term hodling, dca and staking. by long term i'm thinking anywhere between 5-10 years or maybe more.
crypto could be someone’s motivation to live? this sub needs a reality check.
at the base of it ,money is just an agreement to give or do x for some bits of paper everyone decided has value
money went from pretty golden rocks to crisp green paper to digital immutable ledger. the pretty rocks still have worth, the green paper still has worth, the blockchain is just the next phase and will still have worth decades from now.
>ith the fiat bubble in a game of chicken who bursts first. also so tired of the moronic doomer takes from crypto advocates. they almost never know shit about real finance. idk how many times i've seen "the dollar is about to collapse" over the last couple years on this sub.
i think a lot of people thisagree, and because of that they don’t get involved. every time i want to buy some crypto, i opt out because i can’t fuckin’ understand what the hell a blockchain is. it might just be me, but i have a really hard time doing anything without actually understanding what the hell it is that i’m getting into
you're both right, because you're operating with different definitions of "rich." wealth and money are not exactly the same thing. wealth is things, goods. cars, houses, books, wine, pianos, computers, cabbages, bulldozers, shoes, furniture, etc. that's definitely not a zero sum game, because no one is losing something if you chop down a tree, age the wood, cut it up, and build a dresser. you have increased the sum total of wealth in the world. in that respect, you are correct. there is not a fixed total amount of wealth in the world. money is different, it is just tokens for exchange, and it is useless without an object of exchange. someone with ,000 today is not very wealthy. someone with ,000 in 1901 was doing very well. if there is one car, and i want it, and you want it, and jim down the block wants it, and each of us has , and we bid, and the price goes up and up, we might decide that the problem is we're not wealthy enough. if we all three go out and get our cash balance up to ,000 and then come back and compete for the car, two people still go home with no car. increasing the money supply did not help, you need to increase production of real goods. that is where op is correct. if ***everyone*** makes bank off of crypto, then we all increased our money supply without increasing real goods and the price of the existing goods will just shoot up. we'll be billionaires leading the same life. what people are actually trying to do is get their piece of the pie early, because then they are a crypto millionaire while those who did not get in are still making -15. then all the newly wealthy people will just outcompete the losers for real goods, ***like housing.*** and just like that, you have another rich, which is nothing new. so yeah, op is still right. crypto is not going to suddenly put everyone in a paid-off house with plenty to eat.
wealth creation comes down to creating concrete things that improve people's lives. crypto reducing transaction costs or making investment easier can lead to more actual wealth creation, but not at the breakneck pace of the price increases we've seen (which mostly come from being early).
> innovative asset can make everybody better off. only if that asset carries some form of utility.
economics is not zero sum but only when something is being produced. nothing is being produced with crypto, the only money in the pot is the money people put into it. basically crypto requires winners and losers.
this is true (and very sassy) in the abstract, but that does not mean that every single economic transaction is net positive. imagine the scenario where a company causes . it's even worse than zero sum, you're now at net -. but let us bring it back to the specific question, because the author is not thiscussing every single economic interaction, they are talking about crypto in general. the question is more or less, is the price increase of bitcoin (or some other crypto) the product of it creating value or of speculation? bitcoin may or could produce some value in terms of lower transaction fees, decreased fraud, etc but that is not what's caused this increase in value. that increase is almost solely due to the speculation the op describes. so what would happen in the rosiest picture if everyone in a large country like america seamlessly converted all their money to bitcoin tomorrow? in the optimistic view there would presumably be some growth as certain transactions are made easier, safer, etc, but the economy wouldn't suddenly grow at the pace bitcoin has. because the growth in the price of bitcoin does not meaningfully correspond to the real value generated. i'm pretty sure that is what the op means when they say everyone is not going to get rich on this contrast this scenario with an investment in a productive asset like a new machine that produces an entirely new, extremely valuable good or an existing good much more efficiently. if everyone invested in that and it was produced there would be a genuine benefit to society, and assuming there was enough demand the more people invested the greater the net benefit to society would be. but this is producing value in a very different way than a move to crypto is. imo a lot of the confusion in this thread seems to stem from this conflation of currency with other kinds of assets
okay but a lot of people did lose money when the dot com bubble burst….
atari is a shit processor today
precisely. a lot of them are uninformed opinions dressed up to look unpopular.
and uninformed with a little bit of pessimistic negative views.
personally, i’d like to be a tribal residing near a field with a little river going through my village
it wouldn't have the same network as bitcoin, like launching a facebook clone and saying they are equivalent.
crypto does not have nearly enough uses to justify the current price.
>for the first time i actually belive this is a genuine post though this guy here sceptics big time
> no government can force you to give up your crypto, you are not beholden to any bank's interests or alignments. in crypto, i am the sovereign of my money and thus financially free. oh honey... should crypto ever seriously establish itself you can be dead sure there will be regulations and limitations stopping this pipe dream in its tracks. hell, regulations are starting to be implemented already, at least in europe. and of course they are. how could anyone seriously believe otherwise? as if governments around the world would just give up their financial control aside from letting fraud and money laundering run supreme... and even without all that, yes, any government can force you to give up anything, anytime it so chooses to. you might not follow through but that will come at a cost. that's literally what a government is, the monopoly on force.
> don't let the bitcoin maxis hear you, they might get rattled when they start trying to defend satoshi's massive hashrate in the early days that got him like over a million btc. satoshi diidn't pre-mine these then worthless units (no precedent then to give hope of even having value). eth and almost everything else created in a post--bitcoin world to cash in on its established success. satoshi never cashed out.
“crypto is money, got it.” with the notable exception that practically no one is using crypto to buy anything. it’s more like buying baseball cards, or beanie babies.
> i am the sovereign of my money and thus financially free. i am the sovereign of the lint in my dryer. that does not really mean much...
if everyone that uses cryptocurrency needs to understand cryptography and economics, we might have ourselves an issue with adoption.
can it have anything to do with the lowest entry barrier possible to this market and no regulation whatsoever?
> i have pondered a few times, in 10-20 years are people going to realize bitcoin has no value out of storing, and go thats a pretty poor effort compared to the other options, which is where eth could overtake it? no value outside of storing? you truly do not understand cryptocurrency if that is what you think.
because the biggest unpopular opinion is to acknowledge that **nano is the single best cryptocurrency of them all.**
looks like someones got some salt today
it probably will but not because it works well or is superior to nano in any way.
yes, i don’t even dare to touch my eth based coins anymore. they are just staying where they are till the day we see gas fee being fairly peg to the transfer.
after 100,000 blocks from eip1559 eth network managed to completely remove low fees on their network.
well this proves point 7 haha. another person who doesnt understand the sacrifice in decentralisation.
bitcoin’s “codebase” is only a small part of its unprecedented and unsurpassable success.
i do not think it is what he meant. it's more like there are already hundreds of millions of crypto investors and that is a lot. to someone of them to get rich, someone has to lose.
i cannot even remember what a genuine laugh sounds like
genuine question, how is 5 cringey redditor shit? afaik, crypto does use way too much energy as it stands.
you algorand people are getting more annoying than ada people.
can confirm. i don’t understand much about crypto. i am trying to learn more though.
crypto is the supply chain internet nfts are digital beanie babies
so what are shiba and safemoon? lol
i've made posts about some unbelievable tech and the vast majority of people do not even understand it enough to realize how big of a deal it is if it is not marketed by some vc backing and has ties to either moons or dogs. on top of that, the walled garden of crypto is tough to even get over, the gate keepers only want their coin supported and block any attempts at superior tech and capabilities to even see the light of day. the influencers are just paid shill artists that would not even look at a project for less than . i wish it was not this way, but it is becoming more and more like a giant pyramid scheme for old money to exploit in this new arena.
100% my plan, too. though it is possible in el salvador to skip the middle step, and they have some real nice beaches...
make gains, convert to fiat, buy gold guns and secluded property
the problem with property purchases they tax the crap out of it! miss a tax payment and they take it! you can’t win 🥇 lol
there is simultaneously a bubble and no bubble. schrödinger’s bubble.
it’s not a bubble it’s a blob expanding like an oil spill.
all depends on the reference frame
it was all a bubble? 👩‍🚀🔫👩‍🚀 always has been
nations come and go, houses built and collapsed, only coins stay forever. it is like language or religion
there's a reason it is called real property.
not everyone is here for the tech.
back to work to mine fiat for my cryptos
i feel as though the percentage of people in crypto that actually view crypto as money(i.e. a thing to transact with) is quite low atm. like you say most people at this stage are looking at it as a way to get ahead wrt the fiat system. maybe it’s pie-in-the-sky stuff but i picture a day when cryptocurrencies will be the money we all use day-to-day.
i like to think of my "buying" as more of a "conversion" from old money to new money. the real goal should be to dodge fiat inflation. just so happened to 10x along the way. i do not want to buy inferior government currency anymore so i just gotta slowly convert. imo, btc wont be "used" per say, but more of the standard that everything is pegged and measured against in the future. like how gold is supposedly used (but it is not cause the printer go brrrrrr).
don't think most of them are unpopular to begin with anyway...hmmmmmm...
that was rather... deflating.
shorts on my life.
have to live life to the fullest, while you can! i hope cryptocurrency can help me with that
but as per the op, if everything is a bubble, then nothing is ![gif](giphyl0nwhxqy3kusfff60)
well... that is deep. you got me thinking
as long as my boobs are holding up. and those are resilient buggers!
it wouldn't confirm their belief that we only allow fomo
yeahhh. the crypto world is a very echoey echo chamber.
oooo self burn. those are rare.
**we live in a bubble**
banks operate on "fractional reserve", meaning that for every 10 dollars you put in an account, they need to keep 1 at hand. they lend the remaining 9 for interest.
you pay a fee to keep your money in the bank every month. the bank loans out your money and collects the interest. this is why banks do not want you investing in crypto and staking on other exchanges. people don’t want to hold usd but that’s how the bank makes their money. edit: banks indeed have more than one way to make money. this is only a basic model for those who do not realize the problem with banks.
you do not understand cryptography or economics if you think that it would ever be capable of making everyone financially free, as though that is some type of criticism of it. the goal was never to make everybody financially free. maybe to reduce the need of a middleman, that is about it
not every investor knows all their investments deeply. and that is okay as long as you're diversifying and aware of the risks, and only allocating a small amount of your portfolio into the riskiest of investments.
is that a fact?
sounds like something confucius would say
i always went with ‘the empty can rattles the most’, but i believe i’ll be converting to this one
>now it seems 90% of people here are children this is what i've been realizing. cryptocurrency owners on average tend to be more towards millennial age but the people on this sub are largely zoomers or younger.
but isnt that in part due to all the people making a lot of money on crypto saying "its not too late to invest! hurrh, any amount will do! dont miss the boat! if you dont invest now, even 20 bucks youre missing out!"
this. i'm in a similar position, and the longer i'm in crypto, the less i feel like i know. at this point, i just assume that i know nothing and try not to give advice to anyone.
the more you know, the more you realize you do not know.
to be fair they have a rule to not post loss or gain porn unless you actually put down like 10k
can get the same advice from the guy playing scratchies at the corner store. he's got some system too...
i know that but it’s the optics of that style of grand statement. i don’t, but that’s not to say i haven’t taken investment advice from this sub before. algo and matic are two that absolutely have been sound buys from recommendations here. of course, always do further research beyond what a few posts and shills on reddit say, but it’s not bad to follow online investment advice. there’s just a different between hearing it from someone with
a millionaire in the us with a 100k british pound investment is sure to do his research.
exactly... i know nothing about auto mechanics but i can drive a car and own several of them.
excellent comparison! i do know what google tries to achieve though.
you do know how their products, gmail, google search, devices such as pixel, etc etc work. a lot of time in crypto, people dont even know how the product of the company they are invested in works or what their roadmap is.
i think the fact that people here consider buying crypto equivalent to buying stock is part of the problem lol
which is kinda dumb. you do not need to know how the algorithms work but you should at least have a deep understanding of how the company works. also google at least has useful products, not one that will "totally turn out to be the future bro"
yeah but you know how google makes money ( or at a minimum you know that google makes money ) the ins-and-out of the tech doesn’t matter if you can prove the company knows how to generate profit off of it.
though you probably know a lot more about google products (eg used their search, used google docs, seen an android phone, seen google ads, etc etc), than the average crypto investor knows crypto. when people are buying crypto because other people say to buy it, without actually having experience with said crypto, then it starts to become a bubble. in fact i wonder how many crypto investers have actually used a crypto service or dapp, and how many just buy based on hype and fomo.
and using the search engine!
the thing with cryptography is, that few people understand it, but nowadays everybody on the internet uses https, which wouldn't be possible without cryptography
"i read a short article about cryptography and it shocks me that not everybody has my excellent level of knowledge!"
i mean most of his points are just whining
... more like, does not need to know engineering
my guess is the average car owner uses their car to go places so uhh yeah they should probably know how to drive. the average car owner doesn’t need to know how their car works beyond a basic understanding might be a better way of saying this.
if you've ever used online banking, you're already trusting your life savings on something you have a limited understanding of. cryptography != cryptocurrency.
we are still quite far from that scenario when it comes to crypto, especially because it is an investment and people should have some degree of knowledge of what their buying (sadly not the case in many instances).
at least i know how to start the car, change gear, use the break and steering, change oil and refill the water, wash the car, probably change the tyres, etc. my mechanic would handle the rest 😊
exactly. the most ironic part of his post is that in point 7 he talks how limited the knowledge of average crypto investor is, yet he belongs in that exact same group. this sub became moon farming ground for people with subpar understanding of crypto that post popular "unpopular" opinions. the number of upvotes makes this even more sad.
a lot of people seem to conflate contrarian opinions with being enlightened. right or wrong, they just want to make the case or post something shocking for community engagement
ops posts seem to be overwhelmingly negative and skeptical regarding crypto as a whole. not sure why anyone would take any of these points at face value.
see point 7. he's covered that part too. just do not think he meant to refer to himself
so you're saying he does not know shit about fuck?
way dumbed down example, but hopefully it helps illustrate the idea... you're a miner, and you're trying to maximize profit. i want to make a transaction, but do not want to pay current fees. i offer to pay you . this is appealing to you for some reason, maybe because you're going to mitigate taxes on the income or maybe the cost to cash out just makes it worth it. you include my transaction in a block with a , and i pay you directly. now with eip-1559, someone has to may that ... so there is no off-chain offer i can make you that is profitable for both of us at the expense of block space for paying users. obviously this scenario is so small it would never be worth it to us as individuals, but if you consider organization level operations it was not uncommon for them to make deals. mining pools would also eat up blockspace doing their own payouts and running mev for free (which really means forcing their miners to subsidize it at times) it not a flat tax on users, it is the same fee they would have paid previously. it is sort of a tax on miners, in that it is fees they would have otherwise collected. however consensus was that the block reward alone was enough to buy the required security for the network, so it went through.
here’s the actual details and rationales for eip1559:
complete breakdown of ethereum's staking and burn mechanism design that increases security of the chain, with ethereum foundation cryptographer spearheading the application of a lot of the latest advancements in cryptography to ethereum's blockchain. it is not overly technical, actually quite the opposite and enjoyable.
i mean you can read the [eip on github]( i guess, but it is only going to talk about the purpose of burning in similar terms to what i did. it does not take a thorough explanation or mathematical proof. it's pretty simple... since the base fee is a cost that *must* be paid on chain, off-chain deals cannot be any cheaper than market price. similarly mev cannot use free transactions, though they can still frontrun. the last bit about minimum viable issuance was just me pointing out that it aligns with eth's overall long term goal of lowest possible issuance to secure the network.
ethereum has already had deflationary days. eth is not deflationary like btc with a set limit “hard cap”. eth issues and burns, an important thistinction.
why is that terrible and why would that make people not want to use it?
that’s not true and not how it works, even if you ignore all the l2 developments. you seem to be thinking about it only from a monetary perspective. eth is primarily a useful commodity, not a currency.
the best part is that the process is completely necessary in the case of the toddler, the stock brokers, the crypto traders, everything else, and everything to come. blindly trudging forward and iteratively experimenting and experiencing things is pretty much all we have to become informed enough survive and multiply. it reminds me of this quote from westworld, >[evolution forged the entirety of sentient life on this planet using only one tool: the mistake.](
man literally had an uneducated opinion and dressed it up as unpopular
op is just farming karma. karma is one of the worst things in this sub.
one of us lol *nobody knows shit about fuck*
well , does anyone truly understand shit about fuck?
that's entirely true though. even for this sub people are extremely uniformed and stupid. just look at all the scams people fall for in crypto.
ethereum is only deflationary in high gas fee regimes. it should eventually stabilize around 100 million tokens as the gas fees chill out and the flat block rewards produce inflation. as things heat up from that inflationary spending, the gas fees will increase and eth will become deflationary again. the hope is that l2 environments start getting beefy enough to offload some markets (vitalik mentioned nfts specifically as needing to move over) to prevent unnecessary gas wars on what should be a low fee platform.
except even if gas is paid for with ethereum it is still priced in dollars. so even if there was only 1 ethereum left in the whole world as a result of deflation, that 1 ethereum is infinitely divisible and gas price would be extremely small in terms of eth. the amount of ethereum in existence has literally no effect on eth usage.
wrong, eth is not going to be deflationary, the point of the burns is to create an equilibrium so it can scale in a natural way once the 2.0 merge occurs. this deflationary period is solely due to the limitations of proof of work. once eth goes proof of stake supply will increase exponentially as more validators are added and ethereum staking outstrips the burn it will create a steady scale up.
yea just like how no one uses oil because it is deflationary... oh wait, they do, because it is useful.
>economics is not zero sum but only when something is being produced and even then, with externalities the result can be 0 sum or even net negative.
yah, this. people lost a lot of money in 2000 and 2008. people lost retirement funds and their houses. people completely ignoring those crashes, and thinking it will never happen again, are almost as insane as the permabears (but not quite).
and people will lose money when the crypto bubble bursts, but that does not mean that crypto in general would not be used. it just means everyone is trying to ride a train. there tons of companies that had '.com' in their name just so they would get pumped. just like how shiba inu and dogecoin were pumped to top30 just because they were meme coins. the bubble will burst at one point and only the real projects will be able to survive. i guess better find the next facebook, google etc.
also he starts with the premise that crypto = modern internet when in reality it could be the modern beany baby.
ok without the condescending attitude. 1. crypto has established itself, firmly, this isn’t even open for debate anymore. bitcoin alone is 1 trillion plus. 2. regulation already exists on exchanges, tax codes have been written. etf just passed legislation. 3. governments are like all systems, they have adopted and will move with society, yes they inherently drag behind as progress is slow, however it is happening. the difference with force in this space, if you have your coins on an exchange, you are dead right and the force confiscation of your asset just as with bank can happen. however if you have a cold wallet it can be easily passed to any friend . hence the easy washing of crypto through means of xmr and other dark coins should this be necessary.
the us government seizes a lot of crypto as part of federal criminal prosecutions these days…
can a government put a gun to my face to force me to give them my crypto? yes. can a government know how much monero i had on my cold wallet before i lost it in a boating accident 5 minutes ago? no. honey, you're not understanding all aspects of crypto.
of course you did not even come close to addressing whether or not bitcoin was centralized for about the first 6 months of its life. rattled.
i'm buying tons of digital goods with my crypto, no idea what you're talking about.
you really cannot see the difference between dryer lint and money? not sure why else you would make a statement like that.
aww man, now i gotta scroll all the way to the top to see number 5 😫
it's more secure than nano unfortunately. and it is also more scalable. under present parameters the lack of incentive to run a node means that of the 100 or so node operators could be shut down if the government(s) of those countries arrested the owners of the nodes, or if an isp wanted to they could stop the node from running and there would be no replacement node-operators on standby willing to step up to the plate because without economic incentives there is just not as much demand to run a node. make sense? for every one bitcoin miner that goes offline, ten more are willing to rise up to take his place. at this point the only advantage that nano has can be seen from a price action perspective - the total supply is 100% of the circulating supply. **nano is, by this definition, more deflationary than bitcoin.** what do i mean? let's say, hypothetically, that people stop buying and selling nano on all the exchanges. the price wouldn't move at all. if suddenly every single bitcoin exchange everywhere on the planet were to stop buying , the price would gradually go down because more bitcoin are being added to the circulating supply every single day. the biggest downside to nano is that in order for a node to reach peak scalability, it has to be hosted on some kind of server. if you are an individual running an industrial grade server node at home, you are no more invincible than someone running it on a 2nd hand desktop that is 5 years old. the government can arrest you and shut down your node. running an industrial node on an industrial server that a 3rd party can shut down keeps the node safe but only for a short period of time before an isp chooses to shut it down or the government mandates a shut down.
i feel so scammed 😂 i can’t even help but to laugh. one second the gas fee was 200+ dollars next i checked it was 15 bucks??? now i just have a droplet of enj sitting there completely stuck. what a mess
i get it. but the point is accurate. if a different coin was the first and bitcoin, as we know it, were released today, we would all call it a shitcoin.
but that is how free markets (allegedly) are supposed to work. you sell at ’s profit to be made. this may allll be speculation and a bubble ready to pop but it still comes down to individual self interest. of course there’s gonna be losers. this is a casino sir
some people have the worst comprehension skills.
well, that is because you're a redditor.
they also have one of the highest murder rates in the world...
>buy gold guns and secluded property sounds like alabama with cooler looking, corrosion resistant guns.
"retail does not give a shit about decentralization or technology. they will come to crypto make money. " -mark cuban the other night
lol, nobody is here for the tech. its just something 16 year olds say because they hope their .
tech brings the wealth and freedom in cryptoworld.
almost no one is, they are all speculating.
ssl is a tech where's the hype for that? the tech applications can be valid for blockchain but they are simply implementations of an algorithm. p2p was likewise cool tech that could change the world. it has not but we do use the tech for useful applications. the tech argument is weak
which you value only in relation to how much fiat it is worth...
yeah, there are uses for thistributed ledgers - none of it has anything to do with crypto though.
it’s closer than people think imo. i work for a smaller family owned company. owners son (19) has gotten him into crypto recently. they’re dcaing into bitcoin with the profit from the business, then converting back to fiat to pay us bonuses. trying to get them to just send it to me in btc. i can already use my watch to pay for stuff with my credit card, why not crypto?
the title gets us all
squidward would probably do really well in crypto world
here's a free moon for you. yes this is a random tip, you had 1 moon and i felt like doubling it up. its not btc, eth . but i hope it helps you live life to the fullist enjoy :)
actually no. they keep your entire account as reserve. then they (can) create 90 dollars . this is called money creation. so there will be 100 dollars with 10% = 10 reserve. but this way the bank can lend out ten times as much as in your scenario. (they do not print the additional cash. it's just a few bytes in their database. only the central bank is allowed to physically print money. when someone pays their loans back, the new money is destroyed and the bank keeps the interest as profit.)
hi 1850 called they want their banks back
so you're the average know nothing bank customer?
no, not all the "fractional reserve" requirements is 0% right now square that.
they do not :)
that’s actually the opposite of how banks work. banks pay you to put your money with them*, which arguably isn’t that much right now, but also neither are interest on loans. what banks charge fees just for deposit accounts? mine doesn’t. i don’t know any that do in any of the three counties i’ve lived in. banks make the vast majority of their profit through interest on loans. they don’t give a fuck what you do with your money, so long as you still are getting your home loans through them. they don’t need your deposits for loans, only a small portion of it, due to the fractional reserve system. the central banks decide how much they can loan at the end of the day, and what the number in that ratio is. and consumer banking only makes up a fraction of their profits. the whole commercial banking system is never switching to crypto because they need banks for liquidity to expand their businesses. for fucks sake man, the whole financial system needs access to centralised liquidity. we had a system where you could “mine” fiat, that was decentralised, and it caused havoc every time there were price pressures, which is why we have central banks in the first place. *edit: if you’re from europe with negative interest rates then yes, you prove my point. they want you to move the money elsewhere.
if you’re paying a fee to banks to let them borrow your money - you’re banking wrong.
that's not exactly how it works. when banks issue credit, they do not transfer money from one account to another; from lender to borrower. they simply create the money. in uk, private banks create 95% (iirc) of the circulating money supply. their credit issuance is limited by risk-based capital requirements + their need for liquidity to fulfill payment obligations on the interbank market.
it's not just that. the people who are most vocal (like that monkey analogy) tend to be the ones with the least amoutn of money. i know plenty of people with 5 digit investments in crypto. they treat it like another stock they own and do not go spending all day drinking kool aid yammering about central banks and blasting 0.01% interest on this sub. the adults view this as another investment, albeit far riskier than blue chip stocks.
same here. it feels basically like the stock market, but with more open manipulation (burning coins) and way more unpredictably.
it's just the big oll dunning-kruger effect in a nutshell
that means you're learning. even when knowing a lot, no real expert is 100% confident in their entire field. their specialization maybe, but the rest of any field has so many unknowns and potential truths, combined with information that is contextual and complicated. once you see that vast horizon, you know you're beginning to actually learn. that's why confident "advisors" are always talking shit.
haha...i'm a thousandair in the uk with thousand dollar holdings in the us...but aye, my mistake
precisely, my dr. and i do not understand biochemistry but i take several meds.
*sec furiously scribbling notes*
that's what nearly everyone in crypto thinks they are doing though.
one day that is what peak crypto adoption is going to look like. you're going to use it without even knowing it.
yup, as do most of the apps for securing documents, for example
cryptography fuels web 1.0, 2.0, 3.0
nah you said does not need any knowledge, engineering would be advance knowledge of cars. i do not need to know how to build a blockchain to use one
haha i didnt read the cryptography bit right, i thought he was saying you didnt have to know anything to invest. i've already had a confused conversation with op lol
this sub sucks and most things i see are misinformed. especially the most upvoted things! i had to laugh when i saw the "point" about eth being burned, too
i’m not opposed to having the odd crypto sceptic in r. well informed or not, it’s nice to see opposing views and not just “algo good” with 17 algo bros piling in to agree without adding anything further
because it is value will be higher later if there is less of it and people need it. another way to look at it, if you're running out of something you'll start to be very picky about what you use it on.
deflation incentivizes people to hold and not spend, turning it from a currency into an investment. if no one wants to use their money, you seize up the economy, or for early adopters, no one wants to spend it so retailers. gold went into a deflationary spiral during the great depression which caused international commerce to collapse since gold was required for paying for imports and no one wanted to spend their rapidly increasing value of gold.
here’s a real unpopular opinion: the best crypto investments will be the ones that are partly centralized and working with current institutions. the mr. robot crypto dream is very far off.
as a matter of fact, i do sir - do not do the latter while the former is still there ;)
i'm pretty sure vitalik does!
while this could be the case, it puts a limit on the size that eth could grow to. as l2 solutions still require some l1 interaction, this is still a limit (but not sure of how much of an issue this is in reality) as you've described, eth should not remain deflationary, hence op's point still stands, if eth remains deflationary it will be overtaken by other cryptos.
wrap ups and sharding will solve everything for eth.
this is actually incorrect. ethereum becomes more deflationary after the switch to pos. graph is at
this is not quite right. the base fee is burned to prevent an attack vector where miners (or validators in the future) can game the block space market to earn more. affects on net issuance is an interaction with block space demand and a second order effect, not the aim of base fee burns.
completely different. oil is a commodity, not a currency, so you cannot compare even if it were a similar comparison, it still proves my point. eventually use of oil would stop as there would be none left. you'd have people looking for alternatives (electric cars) to reduce costs. hence op's point that a deflationary eth will mean that it is overtaken by others
this is why investors should be careful and have a back up plan not yolo because some anon in an echochamber on a forum said it will definetely succeed.
your last point only works in a fantasy world where either all governments are really kind, or you do not want to spend any of your crypto. as soon as you start using it daily, you can be absolutely sure the government will know about it. then what will you do, play dumb? boating accident? won't matter. they will just fine you and throw you in jail.
somewhat condescending, true, although i was hinting at the how i met your mother insider where this is used towards naive people. and the comment above mine is incredibly naive. sure you can hide away your crypto but 1) you'll have to get it from somewhere, from some exchange which will be regulated, more so than today and 2) if you want to use it you'll have to, again, use exchanges or other platforms which can be forced by law to talk to "the tax man". implement some form of mandatory documentation for institutions and private persons alike and boom, nowhere to run. unless of course you never want to use your crypto again, in which case...okay, i guess? just like today you can buy some gold, then stash it away and claim you lost it. fine. but if you should ever want to make use of it again, the tax guys will want to know where that came from.
> bitcoin alone is 1 trillion plus. what percentage of bitcoin transactions are actual trades for goods or services?
> the difference with force in this space, if you have your coins on an exchange, you are dead right and the force confiscation of your asset just as with bank can happen. however if you have a cold wallet it can be easily passed to any friend . hence the easy washing of crypto through means of xmr and other dark coins should this be necessary. and to this, i say:
oh my. honey, if you plan to do anything with your crypto, the government will know about it. do you think in the future, suddenly everyone turns anarchist and refuses to comply with the tax man? that would not happen honey, and if 90% of the people comply, you can only play hide and seek. ever wondered why the mafiosi had to go through so much trouble to buy some stuff with their illegal money? and still got caught.
not at all rattled. you're assuming that bitcoin was guaranteed to succeed (i alluded to this above). it could just as easily have failed. also, satoshi gave everyone a month's notice before mining started. what was he supposed to do? advertise this would be 60k one day? that would make it a scam.
but it is not money. no one uses it as a currency.
>it's more secure than nano unfortunately. patently false. >100 or so node operators could be shut down if the government(s) of those countries arrested the owners of the nodes, or if an isp wanted to they could stop the node from running and there would be no replacement node-operators this is exactly the same risk from pow and pos coins which is why you see miners fleeing china. and even if a government shut down nodes in their jurisdiction, new nodes could be spun up and re-delegated as reps in literally minutes. > the lack of incentive to run a node there are incentives to run nodes which is why nano is more decentralized that bitcoin today. just because they are not direct incentives does not mean they do not exist. >at this point the only advantage that nano has can be seen from a price action perspective you are forgetting about the massive tech advantage nano has. subsecond absolute confirmations. feeless for all payments (including micropayments). globally scalable on l1 with a tiny carbon footprint. >nano is, by this definition, more deflationary than bitcoin. sure but that is not even a top5 reason nano is superior to bitcoin. >the biggest downside to nano is that in order for a node to reach peak scalability, it has to be hosted on some kind of server. it is always weird to me when people argue the "biggest downside" to nano is exactly the same downside every cryptocurrency has. and let us be honest, nano's host requirements are not really that great. an average pc with an average internet speed would more than suffice. or a . >the government can arrest you and shut down your node. they can do this to bitcoin miners as well.
sounds like you dont understand it very well...
why? what other coin would look better and be higher up only if it was released before bitcoin? this is a complete cope argument that every altcoin supporter makes about having "better tech", but in truth they just do not understand incentive systems and how a properly decentralized system looks like. if any of the popular altcoins out now were the first, the entire crypto space might not exist as we know it now, because the fbi would have definitely stopped it when trying to stop the silk road.
yes, of course there is going to be losers (in fact, as much as the winners' gains in terms of total loss), which is sort of the point. in a system where no value is created, there is only rethistribution. if crypto was marketed as a rigged game of roulette it would be fine, but that is not the case. influencers and enthusiasts market it as a foolproof way of getting rich.
can you actually explain how it does not?
that statistic sounds way worse than it is when you actually go there. most of the time regular people are not being murdered left and right, you just do not have to be a dumbass pretty much like everywhere else.
yup, if being a potato farmer might potentially make me huge returns with low effort, i'll be a potato farmer. the moment crypto is not an avenue to potentially make big returns is the moment that 99% of people leaving it.
well, he is damn right about it
i agree 100% dumb money pumps.
if you arent here for money ,what here for?
true, look at doge and shiba, 30 billion marketcap 🤦‍♀️🤦‍♀️ , how the heck shiba even qualify to get listed on exchanges so fast, when lots of quality project have been waiting so long ?? cute dogs > tech
^this it’s just another investment option for retail
lots of people are here for the tech. anyone who: -mined bitcoin at a loss to understand it better or be part of the network -donated anonymously to crypto developers -helped a noob set up their first wallet and gave them their first crypto -ran a bitcoin node without understanding or utilizing the benefits to themself -spends time answering questions on crypto reddit for beginners -designed their own hardware wallet setup, cold storage solution, deadman's switch, or completely unnecessarily convoluted multisig -writes articles about crypto and posts them anonymously -learned to code just to verify bitcoin's code personally i could go on telling you what my life is like, or you could look at my username and recognize i probably love crypto tech and so do lots of other people. bitcoin maxis especially.
pretty fair to say that people can be here for both.
i know what you mean but thats not true. for a lot of people it is both. i mean whats the point of "investing" your money if you do not expect a profitable payout from it? i'm definitely in it for the money but i think the idea behind ethereum is fantastic.
i'm here for the tech! not selling the little btc i mined some time ago (because of lazy mostly) is just an added bonus. i read on stuff like smart contracts, defi and the possibilities nft bring with them and cannot help feeling like we are witnessing the gestation of what will someday change the world, the same way internet did.
thats a nice way to look at it.
we only value crypto and fiat in relation to how much of them it takes to buy the things we want
i plan to hodl to my crypto, i get paid in dirty fiat and all i want is crypto
which people get mad about when they whine about how shitty the dollar is. ' yeah, its shit. but the whole world uses it as a base of value, so guess what, you're still a slave to it.
this is because there is limited to no value inherent in most crypto currency. those that so have some underling value, like etherium, are massivly overpriced due to speculation about their future adoption
crypto is too volatile to realistically use as currency. no one wants to be the figurative chump who bought an ice cream for 1 bitcoin a few years ago.
that’s really cool! i’d love to get paid in btc.
yeah, i fucking love paying for things with a currency that fluctuates wildly.
squidward would be pissed at spongebob making bank with shitcoin while holding stuff like nano and xmr
what do person like squidward would invest on
now that’s rare, better make an nft out of it
the truth of shorting
you are an amazing human!
wait... moons are a reddit thing? i assumed it was some bottom-of-the-list token i'd not come across edit: the one time you do not need patience is when it comes to research, i looked it up. thanks for the tip!
this is true, there is a myth that fractional reserve creates money… when in reality it all has to be paid back at the end of the loan. the reserves are retired and the interest is kept, which was just extracted from the loan.
lol i do not think money creation is the bank creating money out of thin air.
the money is not "created", especially "out of thin air." if that were true, then a run on the bank would be impossible. they are lending the deposited money in the hopes that the depositors will not come and ask for their money back all at once. it appears like it is creating money, but they are just passing out ious. we all are.
yes, that is what it boils down to, but it works like this: you deposit 10$, the bank keeps 1$. that 9, changes some hands, it comes back into the bank but on a different account. then they keep 0.9(10%) from this new account and lend out the other 8.1(90%). rinse and repeat. if you do this a lot of times you get to that theoretical limit of 90$. this might seem the same, however if they could create 90$, the money being created would go to infinity real quick, since 90,290$, then 65,610$, then 590,490, etc. so both you and u.
denmark checking in... my interest is -0.4% i believe at the moment. i keep as little as possible in the bank, but it is the point of the -% from the danish national bank. they want people to use their money and invest in stocks.
> what banks charge fees just for deposit accounts? mine doesn’t. chase bank used to charge me a fee for having my checking account below a certain threshold () which is why i switched to a credit union.
thank you for actually knowing the macroeconomics behind the financial system, unlike fucking everyone on this subreddit
>they don’t give a fuck what you do with your money, they definitely give a lot of fucks about people using money to fuck...even themselves!
in europe there are lots of banks that have negative interest rates. they want you to pay them money.
if you do not have enough money you pay fees. at a point the amount of your money replaces the fees.
the fact that you actually followed this up with a link made me laugh my tiny monke balls off
well that is interesting.
duh, it is series of tubes.
yeah that is part of why almost everyone in crypto is gonna have a bad time eventually, imo.
i'm not getting your logic bro. are we saying the same thing or different things? here's what i am saying: 1. knowledge of crypto is not even a remote requirement for investing successfully in crypto 2. knowledge of auto mechanics or engineering is not even a remote requirement for driving or owning a car, or investing in a car company. do you thisagree?
this sub seems to attract a lot of shills on either side of the spectrum. not sure the avg user here is interested in a more thorough conversation
definitely! but i'd seriously hope they would lean more towards informed than this haha. crypto is confusing as it is, we do not need this muddying the waters.
except gas is priced in dollars not eth. if eth’s value keeps going up then the price in gas will just go down. gas price is not a fixed number. i really wish more people would understand this. let’s make it simple for you and for my calculations. let’s say current gas cost for a transaction is 1 eth. 1 eth is worth . to send money it costs you 1 eth. then, eth goes up in value to . do you think it still costs 1 eth aka ? no, that’s not what would happen at all. it would cost 0.1 eth now. that is because the demand is priced in dollars not eth.
if you have an ethereum transaction you need to spend ethereum for but don’t want to spend your ethereum then you just buy ethereum at current price and spend it immediately therefor paying for your ethereum transaction with dollars not ethereum. you are describing a non-issue to me.
> while this could be the case, it puts a limit on the size that eth could grow to. as l2 solutions still require some l1 interaction, this is still a limit (but not sure of how much of an issue this is in reality) not sure i follow. > as you've described, eth should not remain deflationary, hence op's point still stands, if eth remains deflationary it will be overtaken by other cryptos. well, no, it does not still stand because, as i've described, eth cannot remain deflationary.
that's the thing you misunderstand about ethereum. it's not meant to be a money, it is a thing that lets you do other useful things that you cannot do in any other way. it's why people are paying so much to use and burn it every day. if someone makes better tech than sure that could replace it, but i do not see that happening for a long time with how fast ethereum is innovating.
also, cryptos aren’t currencies and won’t really ever be, not in their current form. it’s more of a misnomer than a denial of their potential or tech, but they should adopt calling them assets as more mainstream integration occurs.
you’re ignorance of the understanding of the legal position is showing. you seem to be ignoring the loopholes that currently exist within the fiat framework. just like any director of any company holds nothing in their private names and holds their assets in trusts and executors to skirt the current legal frameworks the exact same principals apply to crypto. case in point, i am a ceo of a national engineering firm, i hold net zero in my asset register. all is held in a trust so should the day ever come i can declare bankruptcy and my trust is untouchable. my crypto is layers deeper than that. i have had a 1ghs mine for 4 years all is mining to a cold wallet. it doesn’t exist by any traceable means. i can easily give the pass phrase to my children and they can slowly deposit in on an exchange and pay the income or cgt tax and hand me cash.
this is the cringiest comment i have seen in weeks. congrats, honey.
you're not talking about crypto anymore, and i'm okay with the scenario you're describing.
there are no assumptions needed for the claim that bitcoin started out as a centralized blockchain, you can easily verify that the vast majority of the hashrate came from one party for a while after release.
i buy lots of digital goods with my digital currencies.
> there are incentives to run nodes which is why nano is more decentralized that bitcoin today. just because they are not direct incentives does not mean they do not exist. if there were practical incentives to run nodes than more people would be running nodes than there are btc nodes. > globally scalable on l1 with a tiny carbon footprint. you did not listen to a think andreas said, did you? the upper limit of scalability on nano is lower than bitcoin on lightning. there is no tech advantage for nano. there are no smart contracts and smart contracts get plugged in to lightning on november 1st. >they can do this to bitcoin miners as well. and more will just pop up to replace them in other countries.
no, i cant. and i never said you were wrong, nor did i say op was wrong. because i literally couldnt care less. youre being a redditor.
which is ironic because a useful currency needs to have a stable value so you know what the price of stuff is. which makes it boring and hard to get rich with.
he was not lying. you've got bnb at by marketcap, one of the most centralized coins out there getting into top 3.
i’m here for the friends we make along the way
to use it as money. not to make money.
tech got me in, mining was fun for some time but now, to be honest, flipping greens is the only reason that keeps me in while the bubble keeps getting bigger
what you wrote is true. but 99.99 percent of the world population does not know that bitcoin is just brute forcing a 256 digit number (sha256). (with nonces added at the beginning to determine the level of difficulty). they actually think, "complicated math problems" are being solved.
this. everyone who says that no one is here for the tech are the same self-centric people that don’t understand that other people may have a view different from their own. i've helped people set up wallets, sent them crypto for free, answered questions, hell, i've written some dapp prototypes for friends. not because i want money, but because i find the tech fun. i also invest some money in crypto. but i also invest money in apple and yet i do not go around teaching people how to use swift or try and further their ecosystem.
>\-designed their own hardware wallet setup, cold storage solution, deadman's switch, or completely unnecessarily convoluted multisig how dare you?!? i needed a hardware wallet to protect my ... but yeah, money is cool too of course but the technology is just fun. it feels new and exciting in a way that other things have not. it's also relatively inexpensive.
in other words, <.5% of people are here for the tech
i've done much of this list, i do think the tech is cool and i've been cramming through programming courses so i can build a blockchain on substrate. this tech is important and it is not just a solution looking for a problem.
i’m with you, where did you learn to code? i try and read as many white papers as i can to at least understand what they are trying to accomplish and ask myself if there is a need for this. like polkadot trying to connect chains so they can talk and share data. at some point we had to connect our intranets to the outside world to become the internet. that makes sense to me. i’d love to dive deeper into code, but there’s so much happening so fast it’s impossible to know where to start.
>you could look at my username is it pronounced sha dynasty or shady nasty?
"lots" is still an *extreme* minority
in this era of new ways to get rich quick with garbage, the original message of bitcoin was lost. it takes time, and gets harder to see through the thicket of crypto mania by the day, but everybody will eventually become a bitcoin maxi.
tech sparked my interest, actual utility got me in (dark web), and realization of said utility for future applications keeps me investing. and being a person who likes to travel "off the beaten path", i've experienced first hand too many times how difficult it can be to access your own cash when abroad. and, of course, there is so much more to block chain tech than just a simpler way to transfer cash. it's hard not to want to invest into a technology that you've personally benefitted from in more ways than one.
what i'm really learning here is that a lot of people do not even understand the vision, let alone share it.
i thinks that is the minority though. iam thinking of all the people in my life who invested in crypto and yea it is just money, they do not even know that much about crypto or how it works.
oh wow your username very cool.
tech is 50% of what makes this market interesting. i enjoy it very much.
this. great answer. summed it up perfectly.
your hella decent 🤙
i absolutely agree, the tech is what continues to fascinate me and pulls me deeper into the game. that being said, i read your username without the 256 as 'shadynasty' and thought you were an 'its always sunny' fan.
superstonk was the worst thing to happen to crypto. this sub has always had problems with get rich quick schemes, but they seem to have exploded since reddit became a hub for them. i just want to go back to the old days of people like you writing essays for clueless people like me, who are just here because crypto is a neat application of encryption that might change the world.
damn right. one eye on the coins rallying, and another eye on the use cases of the technology. the best of both worlds literally.
or no one wants to work for 1 bitcoin a month when bitcoin goes down
i think that’s not as straightforward as that. saying that “paying with an appreciating asset is bad” misses the point that the same can be said about fiat too. if i have (assuming in your example 1 btc is ) then i will bang my head in the wall years later when 1 btc is worth . so there is no difference if you pay with btc or fiat money, the opportunity cost is the same. the only thing you can do to overcome that is yes, you guessed it, don’t buy that ice cream.
crypto, realistically in the near term, has a chance of catching on in larger level business transactions as the go to. i could see it is use for the speed, the transparency, and the lack of a need to change currency. btc, and other cryptos could really revolutionize the way international business is handled at the large scale.
you talking about the ones from crypto.com specifically? i’m blinded by age and don’t catch a lot of things but i like to try to stay current.
i’m trying. the kid is taking on a bigger role with the company so maybe it’s a possibility.
he would be triple leveraged on an overpriced nft that krabs sold him
debt is money in our upside down. yes it all gets paid back with interest so the balance sheet stays balanced, but for the time being during the life of the loan that debt will function the same way money does in our economy. and the interest needs to be “created” essentially. interest is the yolk that the banks keep on the collective neck.
money creation is not a myth. the point is that banks constantly make new loans as old ones are being repaid. each loan expands the money supply, while each repayment of principal contracts it. interest payments do not affect the money supply, but are just transferred from one entity to another. the real myth is that money creation = value creation, which is not true in the modern world. it's true that money creation ≈ value creation in small quantities, but when the entire world economy runs on debt, it just ends up inflating the currency instead of creating any real value. there is still an argument to be made that loans create value by more efficiently allocating capital to credit-worthy businesses and individuals, but it is not as simple as "money supply *= 10 therefore value *= 10".
title of article: you do not understand banks, do not write about them subject of post: banks poor guy never had a chance
not at all, why would he. this is reddit you're talking about, no one reads this stuff
they want you buying *something* in general. not necessarily stocks, but yes that is the obvious outcome of negative interest rates, you’re not incentivized to save.
how does that work? are you paying 0.4% to keep your money in the bank?
usa is truly something else lol, charging for not having enough money...
probably because the administration on your account was not offset by the profits it could make on the amount deposited. or, more likely, they just greedy
i got a masters degree in economics and have worked at three banks. the absolute nonsense i read on here is insane and i'm struggling not to go on gigantic rants everytime i read the comments here.
i’m not sure which is the dumbest subreddit on this site. this or witchesvspatriachy. it’s a close fucking call.
some banks still do that, yes, but there are tons of banks with no-fee accounts now, many of them available nationwide. if you’re still paying these fees, you’re not banking right.
come to think of it, you always *have* laughed the loudest.
i mean, i just assume anyone who has lifts in their shoes, giant shoulder pads, fake tan and deceitful hairline ... might be overcompensating for a few shortcomings.
i'm saying you need to know what your doing or it will go tits up most of the time like buying a car and not knowing how to drive. you need to have some knowledge of crypto to invest in it
>not sure the avg user here is interested in a more thorough conversation it's the biggest crypto sub on the most visited western thiscussion. every thread is basically part of a global shouting match. i do not know how the sub was back in the day but now it is just pure noise.
who are you talking to? [it's also not what ethereum says.]( how would the coin even know how much it is worth to set it is fee in dollars?
that's not how it works at all. gas is priced in billions of eth, or gwei. you pay a certain amount of gwei, an amount that is determined by network, per unit of gas consumed by your transaction. a simple eth transfer consumes 21000 units of gas, so if we assume the current gas price is 100 gwei, then that would mean a simple eth transfer would cost 2.1 million gwei, or 0.0021 eth (since 1 gwei = 0.000000001 eth). that is what the network considers your transaction fee to be, that 0.0021 eth figure. the only time the price in dollars comes into play is when that 0.0021 eth figure is thisplayed to you, and that is simply to make it more digestible. easier to wrap your head around us.95 (0.0021 eth is us.95 as of the time i'm writing this), than it is 0.0021 eth, when figuring out how much the transaction will cost based on the actual dollar value you're moving.
do you see the problem with that? why would the person use ethereum at all if everything they are using requires the dollar either way. might as well cut out the bullshit in the middle.
hard agree. i take everything with a grain of salt here because it’s all just moon farming.
>it is a thing that lets you do other useful things that you cannot do in any other way. this list is currently incredibly short in my estimation.
ah yes, you (or your children) will slowly deposit it to exchanges. which will happily accept your coins that you cannot show where it came from? and will happily exchange it for fiat and pass the info to the tax man. point is: if you want to use your crypto wealth in any useful way, the government will know.
a trust is not "untouchable". they'd just have to get a court order to seize it, or eminent domain it, and you'd be tied up for years trying to get it back, and maybe never would. your crypto is the same; it is "untouchable" until they start pulling toenails, or just put you in prison for failing to comply with an order to turn it over. (remember, passwords can be legally compelled via court order). the problem here is you're trying to solve a symptom (govt control of money) without solving the root cause (biopower).
even if it was centralized then it does not matter as 1. it was completely worthless and 2. it was completely unknown.
>if there were practical incentives to run nodes than more people would be running nodes than there are btc nodes. the practical incentive is the security of the network which is currently more decentralized and secure than bitcoin. if nano had a , i am confident there would be a similar amount of nano nodes and bitcoin nodes. let's also not forget these are not equivalents. >you did not listen to a think andreas said, did you? the upper limit of scalability on nano is lower than bitcoin on lightning. i did not listen to him because his argument is fud. lightning network does not scale to begin with. it requires you to centralize your coins into a third party (which probably makes him happy) or to run your own node with opening and closing fees for every ln channel you want to interact with. there are no other alternatives. >there are no smart contracts and smart contracts get plugged in to lightning on november 1st. payments do not need smart contracts. rather, they need to be fast enough to fit into point of sale systems in person and online while being cheaper than card networks. ln cannot compete on either front. ln is worse for consumers and worse for retailers than nano, objectively.
i mean...this is reddit lol. my take though is the energy thing is blown out of proportion. if anything, it just increases the demand for renewable energy. if people mine to make money, why not use solar panels and mine for free. i wish i had a solar panel, some batteries, and a rig. one day...
its sad but true.
it’s not that. cz is smart. he provides what is needed. binance managed to launch bsc very quickly. with eth gas fees going through the roof there was no problem in getting in liquidity. he understands the market. bnb is there for many more reasons than “stupid”’retail.
mining was fun while it was a "grey area" of crypto and lot of countries did not have taxes for crypto miners. right now with the gpus being as expensive as they are, electricity being as expensive as it is it is not a good decision to mine any coins out there cause it would take you more than 7 months to break even...
so fucking true hahaha
i mean you just described the same thing but in more detail - i think it is enough for people to know that "complicated math problems are being solved". do you know how each transistor in your processor works, or is it enough to know that "computers use a series of 1s and 0s to store information"? if a business wants to expand beyond mom and pop, whatever business it is, it is going to need investment. it's a natural part of creating a product, service, or anything on a large scale - even charities invest some of the donated money in building themselves, non-profits get investment in the form of government grants and so on and so on. i do not think we should be upset that crypto attracts investment, even if much of it is speculative. it's a necessary part of building something meaningful.
>with nonces added at the beginning to determine the level of difficulty except that is not how it works. nonce is part of your guess, and the difficulty sets how low the hash has to be.
are the 0's at the start really called "nonces"? that is hilarious
all my money is in my hardware wallet... literally. now i just need some cash to buy coins to send to it.
i'd say even less than that. maybe <.05% are here for the tech just judging by not too many people over here understanding basic concepts of blockchain technology and basics of tokenomics...
>where did you learn to code i guess i should not say i learned to code, more like i got comfortable reading code and documentation. i took one instructor-led course in high school. i read some very old books. the rest came from free online sources like codeacademy, mostly recommendations from reddit users.
yeah, why not both?
bullish on crabs? count me in
the money supply has to keep growing worldwide because it is only way to pay of all the interest. since money is used as debt, every single dollar in your wallet has somebody behind it paying interest on it. where does the interest comes from? new money that is created.
> paid back with interest until it does not, then the economy collapses despite nothing actually physically changing.
agreed. except i wanted to contend the point that the world “runs on debt”, at least without defining debt first (most importantly: national debt of nations with a sovereign currency isn’t real debt in the same way that debt from a bank loan is). if we’re just talking about bank loans, your comment got me curious: how much of the circulating money supply is bank loans? in ten minutes [this is the best i could find]( suggesting that in england, about 11% of the money supply exists as bank loans (am i reading this right?). so, yeah, thats a fair chunk! enough to claim that the world runs on it, i suppose.
but it backed up his point, so it seems that he had a pretty good chance?
at least in the netherlands, this is how it works. however the negative interest usually only applies after having over 100k eur in your account. the solution is to put your money in multiple banks or invest.
overdraft fees are worse. look them up if you don’t know what they are.
i mean, rant away. i read these threads because there is a lot to learn from ranting experts.
welcome to reddit, where people sound like they know what they are talking about until they start talking about something you actually know about.
please post more. we could use someone with your experience and actual knowledge.
the ladies call me peapod
then we're saying the same thing, only probably differently. knowledge of crypto is not the same as knowledge of cryptography.
okay you are misunderstanding how this is priced and i don’t fault you it’s confusing. so gas price, like ethereum foundation states, is denoted in gwei. however, for the rational miner and consumer of blockspace, gwei is irrelevant. it’s based on how much wealth or value you are giving up which in today’s world is denoted in dollars. if the price for 21,000 gas is 100 gwei today and ethereum doubled in value but the demand for blockspace did not increase then the new price for 21,000 gas would be 50 gwei. because for the rational consumer of the blockchain they would be thinking in terms of how much value or wealth of the blockspace they are giving up and they are pricing that in dollars in their head. the price of gas is determined by supply and demand for the blockspace. the coin doesn’t know what it’s worth in dollars but the people who are bidding for blockspace do and all of them will likely be pricing that blockspace in dollars not eth as that is the most stable and defacto measure of value in our current world. you don’t hear people saying i had to spend .032 eth today, these fees are ridiculous! they say i spend , these fees are ridiculous! like i said the gas price is not a fixed number. the gas units are fixed but the price for that gas is not. if it’s 100 gwei today it can be 50 gwei tomorrow if the price, in dollars, doubles.
i think you misunderstood what i was trying to say and i am not sure where you misunderstood. i did not want to get into the weeds of gas costs bc i did not what to do the calculations. but since you are making me i will. i was saying that a transaction would cost you 1 eth to send let’s say 100 eth. if we want to use real numbers then in my example the gas price would be around 47,000 gwei. like i said i was trying to make it simple to understand not using a realistic calculation. my entire point was that the gas price that you assumed to be 100 gwei is priced in dollars not gwei to the rational consumer of ethereum blockspace. if someone didn’t want to use their ethereum they hold they could buy ethereum using dollars at current price and spend it immediately effectively using dollars to pay for gas. if ethereum goes up in price to let’s say double what it is today that assumed 100 gwei gas price would go down to 50 assuming there is no increase in demand for blockspace.
no i don’t see a problem w that at all actually. ethereum isn’t really trying to be a currency used for transacting. that’s what we have stablecoins for! but all of ethereums fundamentals make it a great asset, perfect for storing value and being a collateral! it’s a deflationary, yield earning, in demand commodity. none of that makes it good for transacting but they do make it good for many other things which it’s already being used for. why not just cut out the middle man and use dollars for gas? ethereum is native to the ethereum blockchain and further, you do not want to put the ethereum blockchain at risk by adopting gas payments w the us dollar. that puts the protocol at risk to the mercy of the us government and it’s monetary policy. the current system works perfectly as intended.
theres some quality content but theres less and less of it. the deep dives are the best imo
yeah settling .5 trillion in one year is just not enough.
you think people are spending millions of dollars a day on gas for funzies?
you really are as ignorant as they come.
a trust is untouchable when you’re not the executor or named party in the trust. a crypto cold wallet that has no record is even further removed. there is 1 person who even has the knowledge of my crypto wallet. me. the problem you are making exist doesn’t exist. i have a very good lawyer who has setup my entire trust and even he doesn’t have knowledge of my crypto wallet.
are you sure you are not rattled? you sound pretty rattled, it should be a very easy thing to admit and move past.
andreas has litearlly verbatim stated that he thinks fees are the only effective anti-spam measure out there... he is a blatant btc maxi shill at this point
remember winter is comming. small crypto miner is also an electric heater. but yeah, buying gpus now is kinda risky.
unless, again... you like the tech and it is fun.
im living in finland in house wich was built early 1800. no one know exactly when. i have 18 windows that leaks as much as... well windows. i was renovating half of this 265 m2 now. how you think im gona heat this place while electricity is expensive af? with 20000 usd heatpump system? miners pay back electricity used for heating. thats more than i could ever ask. (im here for tech as much as for the green candles)
its magical internet money.
i am saying, it is not guessing the whole 256 bit string. there is a bunch of zeroes before that, that keep decreasing with time till 2100 or whatever. making it harder and harder (read longer). that's exactly how it works. pardon the nonce.
actually no. i was drunk then, still am. but i'll return, if needed. my bad on the late reply. "nonce" means, "number only used once". it's what the miners are finding for. the golden nonce is instituted to lower the target difficulty of mining. so like in 2100 it will be very very hard. it's determined by how many minutes are required on average to start the next block. which is based up on how many are we still "minting" (minting has been used purposely there), which is based on how many to get to 21 mill or whatever. the zeroes can reduce a 256 bit string nonce difficulty. i can explain more. but i'm drunk. so i'll cu. but if need me, let me know here. be ez.
ah yes. because it is an unwritten requirement for me to have a phd in economics to have an bank account. if everyone needs to be an expert in crypto to participate in crypto then it is doomed to fail.
i’m just here for speculation and hoping my !
i see you've met my ex.
engage in conversation or post some quality contents and get upvotes. after 28 days you get moons.
i think the article is saying that the money supply has increased by an average of 11.5% year-over-year. then again, it says [here]( that these guys are actively campaigning to change the way that money creation works, so maybe not the most unbiased source. i was able to find [this data]( about the us money supply from the federal reserve (also obviously a biased source, but i think the numbers are accurate). every figure in that table tracks currency, but it also tracks debt - the line between the two is unclear. m0 is currency in circulation, which is technically just federal reserve debt that has been monetized. that's just the number of physical coins and dollar bills - most people wouldn't consider that debt. even though it is technically a liability that the fed owes you. m1 includes demand deposits and savings accounts, which most people would also classify as currency rather than debt. but in fact it is actually a debt from your bank to you. m2 includes money market accounts, which are quite similar to savings accounts. there are also the m3 and m4 money supply, which allow cash equivalents like t-bills to be considered as money, but typically m2 "real" and held as reserves vs how much is loaned out. the most recent figure is around 9.5x, meaning that about 10% is reserves and 90% is created. i am really not an expert on the money supply so i might not be right about this stuff.
i would but i'm generally pretty bad at wording things clearly, which makes it hard to convey my opinion on these topics. i'll try though thanks
dude i apologise i didnt read 'cryptography' correctly. yes 100% and i understand the engineering bit now haha. need to know how the drive but certainly dont need to know how to buy one
this does not at all take away from me saying why people wouldn't want to spend a deflationary asset. you're corroborating it. because the market determines gas fees (through use or thisuse) against the dollar, *in a constant noncompetitive block environment,* when eth is deflationary and driving up it is price, the market will react to the high fees by thisuse until fee prices fall. that's an example of people not spending it because of deflationary pressures. this lower fee environment is less fee being burned and can cause it to be inflationary again. there are many reasons people wouldn't want to spend a deflationary asset, you added another. if it gets too much use, the deflationary pressures build until it is too cost prohibitive for anyone to use the chain. they have to stop until blocks empty and lower fee rates, decreasing deflation. i was touching on the speculative aspects of why people do not want to spend a deflationary aspect. it does not care about fees, it is the asset itself and it is potential value being traded away. think of bitcoin pizza day. do you think laszlo would've spent 10,000 bitcoin on two pizzas if he knew that would be ? people expecting the price of eth to go up would rather spend the cash ($) with no fee than the equivalent amount of eth+fee ($+$) in today's dollars but potentially 200% tomorrow (2$*2). cash is inflationary, it is losing value so spend it as fast as you can. hold on to what will let you retire someday.
i understand what you're saying, i just think you're saying it in a really bad way that is conflating the market effect of 'high gas price -> low network usage -> gas price drops in response' with 'gas is priced in dollars -> dollar value of eth drops -> gas price drops in response', and i think that is really dangerous because it could teach people the wrong thing (*looks at point 7 in the op*).
>deflationary, yield earning these are bad things if you want people to use contracts and spend gas fees.
how much of that .5 trillion represented actual goods and services?
aside from profiting off of others' speculative cash input, yes.
ironically some of the most popular contracts are lotteries. the other 2 biggest types of contracts are shitcoins and exchanges. notice the recurring theme that nearly all major contracts are centered around? speculation, either gambling or just more coin related bullshit. show me a major company unrelated to crypto using smart contacts as the backbone of critical infrastructure and i'll be impressed.
yes, some people literally are just gambling
except you posted about having it on reddit, which is tied to an email, and probably also your isp-assigned ip. can we uncover that info? no. can a government? easily. a trust is only untouchable so long as the law says it is, or so long as a court does not say it is not. the problems i'm citing are perfectly extant; china just started massively cracking down on crypto, and they will absolutely go straight to "friendly questioning". you're just obviously focused on the reality of where you live now. if crypto only works given benign governments, it is no better than fiat (hint hint).
you're the one sounding upset, friend. am i being aggressive or calling you names?
had 7 ant miners in my basement… jet turbine
come at me winter! im mining in my basement while using its heat to kerp the room warm for growing vegetables with led grow lights!
yeah, the rest of your explanation was fine. i just wanted to point out the nonce part.
not a phd but it does help to not be an idiot.
i remember hearing that the derivatives included in m4 are so convoluted that nobody can even estimate their “value.” also though, i though m0 was base currency that the fed provides to the commercial banks, then the banks covert it to m1 through lending?
you keep operating under the assumption that it would constantly be deflationary. it likely will not be. you’ve kinda latched onto a straw man argument.
while eth may be deflationary, cash may be inflationary, value is stagnant. if you can purchase eth with dollars and spend it immediately on gas then the price of ethereum should be irrelevant because you paid with dollars. you can apply your argument to anything. why pay for a new car if the value of eth will go up in the future? you can price everything in eth and decide that you shouldn’t purchase anything because eth is a deflationary asset and will go up in value. if eth goes up in price that doesn’t automatically mean gas fees went higher as well. gas fees are determined by the market demand and the value they are willing to spend not the currency. your example of laszlo is actually a good example. laszlo spent two pizzas worth of value. he could have rebought 10,000 bitcoin immediately back with any currency. the bitcoin he spent is irrelevant, it’s the value he spent. i guess the biggest argument i am making is you could theoretically price everything in eth today and come to the conclusion that you shouldn’t purchase anything because eth is deflationary. we both know that is nonsense so as an eth maxi if i see a new car at ’s like 10 eth! why would i ever buy that car because using your logic because eth is a deflationary asset.
yeah your right it could be misconstrued. the problem is it’s pretty complicated because there’s a bunch of different factors as work here. gas units, gas price, ethereum, dollars, it’s hard to put it all together to explain what i am trying to explain. but people do need to understand that the current and future price of ethereum has no effect on what gas costs in *value*. the only thing that truly affects gas costs are the supply and demand for blockspace. the unit that value is measured in is irrelevant as each rational actor will see how much value they are spending and measure it in whatever currency they choose.
this is a circular conversation. in no way is it a bad thing. if you only used rubber ducky’s in your every day life to pay for rent, utilities and groceries the only thing that would matter to you when buying ethereum blockspace is how many rubber ducky’s you are giving up to pay for ethereum blockspace. the amount of rubber ducky’s ethereum is worth is irrelevant to you because you can just buy ethereum with rubber ducky’s and pay for blockspace with that ethereum you purchased, effectively paying for block space with rubber ducky’s. the amount of rubber ducky’s 1 ethereum is worth is irrelevant to you. the currency used to pay for blockspace is completely irrelevant. the only thing that matters is how expensive that blockspace is in *value*. you’re right, ethereum will never replace your rubber ducky’s to pay for your every day transactions. all that matters is value it costs to use contracts and pay for gas. value remains stagnant while currencies can change. when buying every day items with rubber ducky’s are you not going to buy them because ethereum will be worth more in the future and you could have purchased ethereum with those rubber ducky’s instead of food? when buying blockspace with rubber ducky’s are you not going to buy block space because you could’ve held that ethereum and it will be worth more in the future?
all of it. more than half were the use of stablecoins for trading and b2b transactions.
decentralized finance and nfts are two huge use cases. and obviously there is going to be speculation. that's the whole point of getting in early. you're speculating that this sector will boom.
you really feel government have more power than private entity’s ? i have a bridge to sell you!
no, but you have spent a significant amount of time defending satoshi's early hashrate dominance after having been told doing so means you are rattled by the fact that bitcoin was at one point centralized. the shoe fits, go ahead and wear them out.
7 is a little much:d unless you thistribute the heat around the house. saw a guy cooling 20 gpu eth miner by liquid oil (forgot the technical name), which he connetcted to central heating. legend.
my bad on getting "short" with you. i have been involved in a battle.on another unrelated forum. had to give 50 replies in 30 min, singlehanded. the context is irrelevant. you are obviously a smart guy. all the best.
it's more of an itch...
no, i feel it will hit an equilibrium. this all stemmed from saying people do not want to spend a deflationary asset when they can spend an inflationary. all this gas thiscussion was brought up by him, not me. his strawman.
why have a middleman? you're describing spend and replace. you're buying the item with . (pay + (gas * 2) + (exchange fee(coinbase)) = ) *i do this with bitcoin, but it is usually a thiscount with 2¢ (lightning fee (total for 2)) + 0.00% (strike exchange fee) and 1.5-17% back in btc.(cards or fold)* if we go back to your example with fees adjusting in response to the market. we'll make it easy - let us pretend the average fees per block total 1 eth. if the price of eth doubles then we'll assume the fee market adjusts by half to keep fees the same in $. that's now 0.5 eth being spent in fees per block. *that's less use.* this works for something like gold or bitcoin because that is why people are buying it. for eth, much of it is value is derived from it is use. it's a commodity needed to run the network. as long as people are using the chain, they will need eth and drive the price. with the burn, the heavier the use of the chain, the more is burned and the higher the driver to price. the higher the price, the higher the fees and the higher the pressure against use. it drives users of the chain (the very people driving the price) to move to another chain. the people that hold eth for speculative use do not want to part with it today because it will be worth more tomorrow and the people that buy eth to run apps do not want to use it because it is cheaper to use another chain. i do not know what this price is, but there will be a price where eth hits an equilibrium that keeps it is inflation and price in check. it'll could be a speculative (deflationary) asset or a commodity (static or inflationary), but probably not both. there's too much competition from other chains; l2 would need to be great.
that still does not explain how deflation wouldn't thiscourage smart contract usage. the best answer you can hope to come up with is "well *eventually* gas fees will go down, we hope".
>more than half were the use of stablecoins for trading that's precisely the opposite of goods and services. it's moving money around while people speculate on the value of vapid applications. perhaps a better formulation of the question would be "how much of that .5 trillion was anything other speculation?"
crypto protocols allow for you to add three properties over existing solutions: trustless, permissionless, and decentralized. > decentralized finance as far as i know the issue of trustless uncollateralized loans has not been solved. you cannot just get a loan in defi. and to my mind that is the primary use of such a system. liquidity mining is zero sum bullshit. decentralized exchanges do not matter because ultimately to spend something you need a currency that can scale to global adoption, else you will always be forced to go through a centralized exchange to make it spendable. and once you have a globally adopted cryptocurrency, why do you need to exchange with other currencies? aside perhaps for switching between a privacy coin and a fast p2p coin, i foresee little use of dex in the end game. > nfts between the oracle problem and the unnecessity of the three crypto properties in many applications, i've heard of very few convincing applications for nfts. > and obviously there is going to be speculation. that's the whole point of getting in early. you're speculating that this sector will boom. the same was said about the dot com bubble. ultimately amazon did become big, but there was a whole lot of stuff that did not and for good reason. personally i believe an optimized settlement layer (digital cash) is the most important thing happening in this space. most dapps do not need to be currencies and the ones that need to exchange value should be built on top of an optimized and globally adopted settlement protocol. take bittorrent. it's a dapp that existed before bitcoin. it did not need to be built on top of a generalized smart contract platform, it just exists. if you want to incorporate exchange of currency for preferential treatment in this protocol, should you (a) start a new token or (b) directly incorporate a globally adopted settlement protocol? it's hard to thismiss a generalized smart contract platform outright because the possibilities are endless. but why does a generalized smart contract platform need to also be a currency? just settle using the settlement protocol. otherwise you have this currency that is not a currency (because it cannot possibly scale to global adoption) that just muddles up the ux. hell, they have just recently started paying eth miners in nano. when you take away the "currency" aspect of all these proposed dapps, what is left? that's what people should be focusing on, imo, while promoting the most optimized settlement layer.
yes, that is why those private entities pay the government employees to make things more favorable for them. if they could circumvent or ignore the govt, they would, but they cannot. go start a business and do not do any paperwork that involves the govt, and find out how much more power you have.
because it is a commonly used, fallacious argument. i have not heard a counter argument from you. just i'm rattled.
thanks dude, i bought in for the first time few days before the may crash. i have never seen my portfolio in the plus. in fact it is down like 40% i think right now, kinda thisheartening, but oh well let us wait it out
ive got no choice im in too deep.
yeah i haven’t been in long at all, just before the may dip. but look, i’m in it now. i don’t check every day. i don’t lose sleep at night. of course, hoping for a billion bucks soon enough but for now, i’ll just waaaaaait.
my 18th birthday was on may 12. i thought hell yeah i can finally invest in crypto, then 1 week later... thanks to the person who tipped me 1 moon. my only green coin rn xd
to be honest it does not feel like i have a choice! my investment is down so much that there is really no point in selling. i have no gains to cash in, so by default i'm in it for the long haul.
people make money in bull markets but get rich in bear markets!
thanks for the credit bro, i’ve been waiting my entire life for somebody to give me recognition for purchasing these pixels.
lol i bought all my coins (btc and alt's) at their ath's earlier in the year. now i'm accumulating more, not just hodling. it's tough to keep putting money into something that goes down every time i buy, but i'm fully aware this is not a get rich quick scheme and i'm thinking of my future - 10, 20, 30 years from now when were roaming a burnt out earth in gangs of leather clad miscreants i'll have something to fall back on right? lol, jk... but seriously i know some coins would not make it back from this and that is important to remember. i've trimmed my portfolio down to the few i actually see a future in and i've never put anything i cannot afford to lose into anything. it sucks watching my funds dwindle, but i know the real value is the amount of coins i've stacked during the lows. you only lose if you sell in the red!
down 55% so far, but im not thinking it as a loss, but as crypto course fee, learning how to trade, reading chart, timing market etc, even though im still not understand any, just my bs for my loss.
been wanting to buy crypto for years but just kept forgetting about it. finally bit the bullet during the gme mania in february and have been dcaing since then. what funny was that i was still green until last week, and it only since buying the dip that i've started seeing red... but that just means that when it goes green again it will stay green even longer. the end of may crash was wild, and knowing that it was one of the biggest crashes the crypto market has ever seen and that i held through it with barely a sweat gives me a lot of confidence. i'm in this for the long haul. just wish i'd kicked my butt into gear sooner, haha.
bought at the literal ath peak of ada. averaging down slowly as it bleeds. i said i wanted in at 1$, careful what you wish for.
really appreciate this so much bruh. let's take a moment to appreciate these new investors for their faith & loyalty to crypto!!!
i dived in at the beginning of the year and reveled in the glory of april. now a mere 6 months later i am a changed man, hodling with a newfound sense of stoicism.
honestly anyone who’s still holding right now probably understand how investing works and that 98% of the time you can’t time the market and you won’t make a profit trying to time your entrance and exit.looking long term is the easiest way to ensure you get a positive value from your investments.
one thing i can say about this hype cycle is that it has definitely brought more people to the space than the past cycles have before. i jumped in head first and started learning all i could from every podcast and this sub. i've been hodling strong hell i ever dabbled in some alt coins and played the market well enough to sell and get some gains off them before things went to hell. people keep telling me oh hows that crypto thing working out for ya blah blah. i just laugh and keep buying. i tell them this, " when 2024 comes around and you wanna learn about crypto and how to get , i'll be the one to teach you get in touch with me then."
i started in april and i just don’t look at my balance unless eth is over . my average is a lot higher than that but it’s my comfort level. lol
still up around 20k even thought the bear run wiped around 40k off my portfolio. i’m in for the long term and been contributing monthly to crypto, etf and reits. gotta diversity but hodl ftw.
i bought in mid april and after the ath its just been one slow painstaking crash. i just reaffirm the fact you need to zoom out and see the big picture - i am looking to invest in my future, but it’s hard not to get thistracted by the chaos of daily volatility. hodl on folks.
lol. nothing has changed. in fact, today china has started to move the mining to different countries
crypto behaves very much like the stock market, just the time is compressed. think about it, wall street is only open 6 1, 5 days a week and takes holidays. one day in crypto is like a week in wall street time. crazy ride for sure.
i get crypto rich when it is bear market by buying more coins for cheap and fiat rich in bull market from the profits
im just sad for us all that we dont have more fiat to buy aaaaalll the juicy dip
hey that is me, honestly i'm not even looking at the price too much recently
thank you for the encouragement! bought in at almost every coins ath, still holding every little thing. even buying more!
hey! that's me, cheers! got in in feb, have not sold a single coin, what's the point if i'm selling at a huge loss?!
here i am,bought some coins when everything was on ath. regretting it a little but gonna hold and hopefully someday i will be able to improve my life.
bought eth at 2700 or so, i have no plans to sell it. the eth i have is etn not $$$, i have not made any money off of crypto after this recent crash and i still believe it will become an integrated part of society.
i bought in mid february and was really excited to see my small initial investments nearly double. then the series of crashes happened and i'm fairly upside down now. that's the brakes, cryptocurrency is volatile, that is the only way you can make and lose money so fast. the way i figure is i'll only truly lose money if i sell at a loss, so there is really no choice but to hold. i cannot really foresee most coins not rebounding sooner or later, at least the practical ones with real utility and.
thank you friend i really need some support 😢
been steadily adding. not much but instead of contributing to my 403b i started taking that same amount each paycheck to buy bitcoin. it ain’t much, but it’s honest work.
hi it is me, the new investor staring down a bear market. nice to meet you all.
yep, pretty much bought right when the ath started dipping. not too much, but yeah i bought at a high price. then when it kept dipping i bought some more. but it kept on dipping. now... i just do little buys overtime, and i hold. until everything sets up back again.
if you’re giving credit, that’s good because some of us are surviving on credit now.
i've been investing in crypto for 9-10 months now and at this point i'm down 3%, it seems like a lot more people should be taking some profit when they are up. live and learn i guess.
started investing in january. learned a lot (and fast) about the highs and lows. its thisheartening to see the coins now back at the same price i bought them at, but trying to think on the bright side and be grateful i get a chance to buy more at those lower prices. i think i learned some lessons from this for future though and i'm confident that i'll see those aths again.
diamond hands here, no idea how to sell . plus need some kind of retirement plan
i’m down to half of the initial , fuck it i’m gonna buy more
thanks mate, i started in feb. made a huge mistake when i panic sold my gme shares with a loss after all fud. i will not repeat myself this time. i welcome you btc fud. will not sell!
my first investment into bitcoin was at 60k. since then i have been buying all the way to the 28k we had. not large amounts, but the macro backdrop for bitcoin is just so damn positive and real. think like a whale even if your a minnow
i got in jan and then more march but only money i was willing to lose. i'm in it for the long term not to get rich this year so i can deal with this.
i’m a veteran now
late april buyers gang 🫂
lmao you "give credit" to uneducated investors who literally bought tops despite information being out there presciely saying to stay cautious about tops? an unequivocal investment mistake such as this is not only stupid but it is dangerous to people who do not have a lot of money and to go as far as to praise people for making mistakes is the very epitome of carelessness. this entire idea of telling people to "buy for the future" is incredibly naive and paints a picture that the person giving this advice has no clue how this market works or is among the very people who bought at tops and now feels they need to seek comfort on reddit. the way to enter this market and not put yourself through loss is to buy at bottoms, dot dot dot. that is the only way and with a market that literally works on cycle it is something that is inevitable and that is when you make your entry or add more to your bags. i entered this market entirely at bear market bottoms in the march 2020 crash and not only have i not lost a single dime but my entire portfolio is still worth 5x my initial investment even right now and that is after cashing out my real initial investment at prior local top alongside some profit \[staying right below a tax bracket\]. telling people to buy at tops "for the future" is simply wrong, you tell people to wait for bottoms and then to enter, be it waiting 1 year, 2 years or what. there are very clear price-points in this market that are 100% buys and at this point in the market it would have to bleed another 50%-100% to reach that point.
i took to heart "only spend what you're willing to lose" and it goes a long way.
how exactly will this be?
65% down but all i'll do is hodl
thanks for the shout out!
honestly, think i'm just addicted to red at this point, gme has just made me immune. but when those green candles start arriving... it makes it oh so much sweeter.
if you can’t hold through a correction you don’t deserve any gains.
what else am i gonna do? sell for a 3,000-4000 loss on most of my savings? no real choices. i fucking hate crypto now though, you be assured of that.
i'm in this picture and i do not like it.
is this seriously a bagholder feel-good thread? the right decision was to sell at literally any time prior to last month. it *may* still be the right decision, i do not think any further drop will be significant compared to what's already happened but there is no certainty whatsoever.
yep i started in feb, got lucky with vet and harmony bought them both around 0.05 and managed to take profit most of the way up and now dca back into them and a few others. so far still i’m the green for how much longer though is another question haha
matics the only thing keeping my portfolio from dipping into the red right now. i was lucky to have bought some at 30c back in april.
started off with €1k in jan, then bought some nano, xmr and bch in late march. saw my portfolio more than double, almost hitting €3k. then ol' musk snaps his fingers and the bogdanoffs began wreaking havoc. jokes aside i'm currently down to less than my initial investment, but i'm still hodling through.
call me crazy, but i'm buying... i'd be willing to take a 30% haircut just to keep it out of the banks
i've been here since 2017. where is my credit?
bought my first btc and eth 3 weeks ago. have no clue what im doing, and are 30% down. but what the hell, gotta rise again sometime? right? right...?
i buy high and sell low, was taught this way...
price is not the same as value. 1 ada still worth 1 ada. keep calm, stake, zoom out.
thank you. really need this right now.
needed this. thanks op!
crypto is a violative investment, these periods are common. don’t invest more than you can afford to lose. but crypto is a good long-term investment and will bounce back. just stop checking your portfolio daily.
dear sir, i thank you for this post! holding does not cost me anything rather than averaging. i just wish i had more money than 50 euros to invest every month. edit: i am down 70%
i'm new but not. i bought a few hundred dollars worth a few years ago and forgot it. i did buy a few hundred more on the way up. but since the crash i've put in thousands and was still around to break even mark until the last few days. i only wish i had more fiat on the side right now to buy even more. if you're relatively new to the game like i am this is the time to buy, not back in may. i am more than ecstatic if this goes on like this for a couple of months.
i got in around early may. stickin around.
i bought in at or just before the ath. then it dipped and i bought more. then it dipped again. i've been steadily investing into projecrs i believe in since march. my total investment is down 37% today. waiting for payday to buy more. i keep atleast 60% of my savings in fiat, since all other savings options where i live are either heavily taxed or do not give any interest.
got in here february...waiting to get some more money so i can load up!
this is my boat, but to be honest, it is not a massive concern because having had a chance to delve more deeply into this space, i already feel like i have walked into a whole new world, which has all it needs to be a massive game changer in the future. however long this phase lasts, i am very much into continuing the learning journey and taking the time to accumulate and grow over a longer time horizon. i am sure we will see many more cycles down the line, so a slow and steady approach is more than worth the while. i know some people want to make millions out of nothing in a few weeks, but if it was that easy, everyone would have done it. i have said it before on here, but this is a great chance for those of us who are interested to learn to do it in a calmer and more considered way, so that when it does turn (tomorrow, next month, or in 3 years), we are working from a more knowledgeable space. there is a lot of value in this space, and ruining it by gambling is only going to cost those who try to take shortcuts. hope everyone is taking care of themselves.
i held though gme, i’ll hold through this too.
i started on coinbase about a month ago now, and i've been somewhat fortunate with it in that i scored about , and it is across several different coins, without investing anything more than a bit of my time, and it is definitely thisheartening to see my portfolio under , but knowing what has happened with it historically, i'm in it for the long haul. of course, that is much easier to do when you have not invested any actual fiat currency into it.
i started in may. lol lucky me.
down 66% from february, but i believe in the fundamentals so no reason to panic sell. i’ll see my car before i sell my crypto.
i was always thinking towards next bull run. bring on the bears so i can really start building.
yea its been a hard ride but ig we gotta do what we gotta do
i'm hodling and got in in march, but i think today is probably the day where i am gona go out, it is just too much right now
i started feb 1 2021 and i'm not looking back. i've followed the advice of only put in what you can afford to lose, so that is the main reason i'm not completely losing my shit. also, dca. drops in price get me excited to buy. this is a long play. i'll see how things look feb 1 2022. then i'll hodl until 2031.
well it was not my money in the first place. i do not particularly care what happens to it, and i'm not dealing in a loss
i’ve pulled my money as of last week instead of dca’ing. took a big hit but i’ve saved myself another 40%. i’ll keep my assets liquid and keep putting money aside for when i see it start to go back up.
some billionaire said something along the lines of "i liked it at , why would i not like it at " the other day. that is my feeling on the matter.
i’m holding. don’t think i’ll check much this week if it gets worse, but i am fucking holding!
popularity of dogecoin caught my attention and i had invested in it. i started researching on different coins, as time passed by and learnt the lesson not to gamble on shitcoins. i started putting more money on stable coins and learning everyday. im down 40% right now, but i strongly believe in crypto and i’m not worried at all. also,converting my funds in stock to crypto. blockchain technology is amazing. i regret for not looking into it before :)
i’m actually glad i entered the market at the beginning of the end of the bull run. the learning experience is vital to working smarter during the next bull runs tested by fire . today is the first nervous day, as eth hits the low of may 10 and btc goes below 30k. great time to be entering for others . tough for me but makes me smarter
no reason not to hold. crypto is a currency of its own. no fiat needed.
i'm down 10k. yes, i'm programmed to think it is catastrophic by everything my parents and advisors have taught me, but something says in my head not to sell. it was very hard at first, but i'm slowly understanding hodl more and more and rethinking how investing works in the wild wild west of crypto.
oh sweet , less money buuuut i get internet credit! ty broseph
seeing the market go down,i’d like to buy more. i am not sure if one should buy everytime there is a dip. there’s so much talk,so much rumours about each and every coin.from 2015 to 2021,i have seen the growth. i just don’t know if there’s anymore seeing the market bleed this way. any honest views on crypto’s future ?
i started in march, fomo'd in april...slowly been reducing my dca since may down...unknown %, do not want to look lol, but i've not sold a single sato or coin since i started my dca routine in may
i got into it in like march. my portfolio was green for like 2 days and is now down a lot. so logically i keep buying more and have begun to stake it. i'll see where that takes me
i bought for the first time a week before the crash and have steadily emptied out my bank account dcaing to buy this current dip. portfolio was down around 80% right before i bought rn and have a little bit left of saved stablecoins to buy again if we see a further black swan dip! great to be a student rn and not need to worry about providing for anyone lol. gotta load up on btc, eth, ada and matic.
> when you're new to a market and you see your new investment down massively, it can be very thisheartening it is, like many others in this thread, i have yet to see my portfolio in green. but i believe in crypto and the projects that are related to my coins so i'm holding on.
i’m not just holding, i’m buying! but it would be nice to make money instead of wondering how far my next dca will drop.
i'm holding for at least 10 years. just have to ride the wave boys!!
my timeline is longer. if i was hopping into crypto for swing trading i’d be more likely to panic. i buy tokens i believe in and hodl. so dips are just better entry points as far as i’m concerned. give me a chance to buy for prices i was too late for before
eth 2.0 users must hold anyways (; but ty for recognizing our efforts hehe
i have been following and dabbling in crypto for a few years. finally decided to make a serious long term investment in may put a total of 7k in over a span of a few weeks i am now valued at 1300-1500 range. going to hold and accumulate some more but over longer period because i do long term believe in crypto. most of my investment is in altcoins but during this bear market i will go more into btc.
if investors bought because they believe in the project, it would be easier to hold on versus buying for speculation only. but op makes a great point, it is a lot harder to hold on to investments when everything is in the red, but its the right thing to do (with the right projects).
yeah well have no choice really because if we sell we lose a shit ton of money lol
for what it’s worth. i went crazy last march and bought a fuck ton. almost sold at 55k and said nah, “to the mooon” i said. this crash is heart aching and all but then i realized how much money is in stocks vs crypto. then i realized that one day, there’ll be soo much money in crypto that our grandchildren will see us cry over a 1-2% dip like boomers do with their shit stocks.
it’s ok. you have to go into it understanding that it’s just the nature of how it works. long term investing should show positives. pumping and dumping however is probably not going to get you too far in the long run.
when crypto is red, it is red by 10's of percents. when crypto goes green, it goes by 100's of percents. i'll wait
i needed this bro. got in a few weeks before the ath, shit has been a wild uncomfortable ride ever since. i mean, all good - this was always a project of many years and i’m not playing with rent money. still, watching a couple of my holdings dip like 70% has been, ah, mentally brutal.
i started just over a year ago, felt great when my portfolio was up 200%, now it is up 40% and slipping everyday. i'm in it for the long haul. crypto is the future.
honestly, the more it dips the more i buy. i'm new to investing in general but i understand that dips are part of the ride!
honestly i'm just to stupid to know when to sell and i do not really know what affect selling my coins would have on me financially when it comes to the irs and shit.
i have not had a balance this low since i started in january but it is not going anywhere. gme trained me, future independence fuels me.
never invested in anything before i got into crypto a few months ago, i'm just looking at this as an opportunity to accumulate for the long term. honestly could not give a crap how much its worth at the moment, my plan is to begin cashing out in 5 years but overall stay in the market for 10 years
i just stopped looking lol
i've basically only been in the red since buying some btc and eth a few months ago. hodl
ath newb here and i’m loving the dip can’t wait to see what the future holds 💪 hold on tight everyone it’s gonna be a bump ride, bring your astronaut suit.
the market crashed days after i bought in, im not pulling out so long as i can help it. i might even buy more. as they sometimes say, the only way up is down.
why sell at loss if i can just wait 5 years to get 10x in next bull market?
i started recently and remember how excited i was when i saw my investment 2x. checked my portfolio yesterday and it hit hard. anyways i'm here for the long-run so sooner or later we'll see green again
i bought my first fraction of a bitcoin when it was , immediately after that it started to drop. i have never seen my portfolio in the green but i keep dcaing in -.
i started investing back in may 2021. i did a lot of research on the basic things (by no means i’m an expert, i’m still learning every day) and the things that i read the most was not to spend more then i couldn’t afford to lose and that the crypto market is a highly volatile investment so i’m honestly not even worried right now and haven’t been even with crypto currently on a downtrend. i’m still sticking to my plan, dca approach and i’ll be investing long term.
agreed - new investors who are sticking to their guns and not letting the fud get to them - you the real mvp.
i still have the same amount of coin as before, more from all the great sales going on. everything will be just fine.
could not care less. bought at damn near the top because my old man brain took a long time to figure out what this shit even was and now it is just a recurring payment into some magic beans that'll one day take me to the cloud city. long-term outlooks are the easiest investment ever.
does anyone else with mild to sever anxiety? like, real talk, i have bought during every dip, during climbs, i fucked up and bought . i bought a shit ton more eth a few weeks ago when it hit 1900, i dumped everything i got from refinancing my house into it and vet, ada. bought in on vet .09 and then bought more today at like .07 or something, i honestly did not even look really. if it is below .10 cents per coin i buy hundreds. if it hits +'ll be extremely wealthy. what i'm trying to say is, i buy crypto... whenever i can afford to, not whenever i think i know what the market is doing. because every single time i have bought crypto when i think that i know what the market is doing, it has subsequently tanked shortly after i purchase. and then i just buy more. and in 10 years when the massive number of people that still are not using crypto start to adopt it, we will all be so far ahead of that even if you invested small amounts. tl;dr: crypto does not fuck with my emotions, people.
is there a way to check how much of each coin’s market cap is leverage debt? i feel like new traders should be aware of that as they make decisions going into what could be a hard bear market 😕
my only regret is that i dont have the extra money to buy more now that it is at a thiscount.
i started my journey into crypto the 4th week of april this year thinking i bought into a great opportunity during a dip lol. all i’ve done since then is keep buying dips. after another buy today i’m stoked on my average purchase price for all coins. fractions on the dollar of their potential. diamond hands through the roaring 20’s. gunna be a fun rollercoaster of a decade
at this point, we have lost so much, all we can do is hold, and wait it out, and hope one day it climbs back up. can't lose if you never sell.
got in in february, i’m down 50%, i’m just buying everyday
the best part is this looks absolutely no different than it did 3 years ago except the total market cap is still 1t higher
can confirm. i am one of those folks. still not selling.
big round of applause for the buy high sell low crowd, without you this scam would never work.
it’s all pretty excited but at the same time i’m glad the dollar cost averaging thing was something i did. just a shame about those gas fees ;)
i put together a modest mixed portfolio in march & april, with the intention of holding for the next 10 years or so. good thing i'm in for the long haul, because i'm down 30-50% on any given day. probably a good time to increase my position in some of the coins that are waaay down...
can’t sell if everything is stake!
that’s me! got into crypto in april and things were going great. now, i lost half of my investment. still holding and dca into btc and eth. but besides that i’m just going to hold wha to have and see what happens i guess. i was proud of myself for making a good financial investment for my future. hoping that is the case years down the road.
i got in at a not great time but the key to not stressing was to put in an amount of money that wouldn't change my life if it went to zero. it was around 5 percent of what i had in my checking account.
greed. greed took the most out of me. went super greedy when prices were near ath or ath. witnessed everything crashing. got greedy with futures and leverage trading. lost all the cryptos i hodl. greed is the worst. don’t be greedy.
i started about two months ago on cryptodotcom and i had to stake 500. that 500’m in this for the long run and have since bought into more currencies
the problem is that all the new investors think if they hold, they will win. people aren’t panic selling because “they are smarter this time”. i worry that it will just cause a much longer winter because it will take longer to drop and just slowly and painfully bleed out before the next cycle. no way to know though, it could still go either way.
i was finally able to buy some coins last month due my vacation money... and told myself i want to hold it atleast a year... only crazy to see. i had first 250 euro profit, and now 100euro lose :) crypto is a funny rollercoaster
i bought in and got serious bit over a month ago, been buying on the dip so my average buy price in my portfolio do not make me cry :')
bought a big buy in in may have had several smaller buy ins since and have since doubled my btc holdings. i plan this as a long term investment so minor dips compared to the long term prospects of my portfolio is nothing to worry about. i just wish the market was more independent from btc’s performance. but btc is such a big fish it moves tides does make sense.
thanks… got diamond hands and brass balls! first bought in early april and bits since then. weee it was fun watching go up at first… adrenaline rushing now! bought with longer term view though, so i zoom out the charts and relax! 😊
things may get worse before they get better. however, when things do get better, everyone will be up. everything does look really cheap, but i'm worried that things may get even more cheaper and who knows for how long.
i started my crypto journey in april. i did my research and set targets for all the coins i bought. told myself i wouldn't sell till i get to those targets no matter what. currently down 50% and i still believe i'll reach my targets in the future and this is what motivates me to hold.
i started investing in stocks in february. all went down in 2 weeks. then i went to crypto, bought eth at 2800 and it went down in 10 days. what else should i touch and turn to dust? behold of the mighty thanos
you loose money somebody else gets money. that's how it works
“thank you noobs for holding the bag while it crashes”
credit for what , being morons ?
why are we giving credit to horrible investing practices... fuck me its ok to make mistakes, to let fud and fomo get to you. its fine, its all good, we live and learn and grow. but lets not fucking normalize the mistakes and pretend they are good.
that's me. :) i strictly invest what i'm prepared to lose, so i've been mentally prepared to lose my capital since day one. and since i'm new, i do not have any big performance gains to stress over losing either. so why not hold and hope for the best.
i'm in crypto since march, so i managed to see a bit of green for a few days, but it is okay in general. crypto market might be 50%-100% down (for some coins) from the ath but green days are around the corner. furthermore, if you ask me i see a pretty good opportunity to buy a nice dip and improve my average on my investments.
thanks bro! i do not care that i'm 10% down, i'm holding for the long run.
"i give credit to the suckers who got conned and donated their money to billionaires in an obvious pyramid scheme."
hold. july will be special.
remember: it is not a loss until you sell at a loss.
i too give credit to those that got suckered in by the marketing and now have no choice but to hold in an attempt to maybe break even. respect.
let’s not bullshit ourselves. 99% of us are buying and have been buying crypto with the sole purpose of selling it at higher prices than we paid. we all want lambo. crypto makes a terrible currency and a mediocre asset. there’s money to be made in this space but let’s not pretend what we’re here for
yup i started at the peak. trying to hodl with my 3.0 carat diamond hands. planning to upgrade into 0.5 carat soon.
maybe it’s time to forget about crypto and revisit after 2 years
its ath for this cycle, i’m banking for the next cycle.🤞
crypto will continue to tank, until all short positions cover. gme, amc, koss etc...
i don’t, as one of them the other choice right now is to sell and that would hurt a lot.
you have not lost a cent until you sell. hold strong for a while. time is your best friend right now. sincerely, a 2017 veteran
being a guy who decided to try alt-coins for the first time while they are were at ath i can only laugh at all the red. if i would have waited a week i could have bought them during the first crash but nooooo. investing is always a mix of research, risk, and dumb luck. i got the first two covered and then missed out on the dumb luck part. however, i believe in shiba inu token, and a few others that i decided to try. i could stress but in the end, i was never in it for the "get rich quick" idea. tbh my bitcoin and ehereuum hurt me more than the alt-coins ever could. so i will just sit back and ride the roller coaster of it until it all shakes itself out. i could not imagine being a new investor and watching it go from all-time high to such drastic lows in a short period of time like this. so i agree, kudos to everyone hanging on.
i had learnt staking and it’s holding me through
yep- bought in april so at a loss right now but having been steadily buying when i can so average is going dow fractionally- but the main chunk of money went in at the beginning
yup i’m the same i started investing dust before the hype, seen my portfolio up 70% then boom down by 120% so far, i moved my crypto of exchanges and staked all i have i can sell if staked right ? so here is hoping all newcomers don’t get scared off. when i seen how low everything has now gone i bought loads more to stake 😉💎💎💎, don’t be scared of this market fud believe in the future of crypto and hodl guys 🚀💎
started in april 2021. before eth went on the run. i kinda knew about the possible downside and didn’t sell. felt like if i have money in the market i would stay focused and continue buying the entire bear.
yes this is definitely me bought end of april on the hype train in doge added matic and ada, i'm down now about half on 10k investment
yay me i guess. but i just look at the alternative…fiat is an incredible dumpster fire of a system rigged to be completely one sided. look for other alternatives, oh wait there aren’t any.
if i did not believe in the longevity of the projects i am investing in i would be so thisheartened. i just could not see these projects down in this red zone forever. i never saw these as "get rich quick" schemes, although that is the enticement for some people.
i signed up in march, looked at the all time highs and thought "not a chance i'm buying in right now" so just settled for spending time on being paid in btc instead of trying to convert fiat to it. its much better rates of conversion right now, i'll start buying when we end up in a crab market after the bears gave thinned out a bit.
definitely have had the thought of selling now and maybe dca back in later but keep talking myself into just holding! i guess i’ll have almost one cycle under my belt soon lol
first bought during the may dip. i kept buying the dips and they just kept dipping :’)
what other course of action do we have lolz
thats me, i'm in for the long run
i have a friend who got in during the last dip in may. now prices are lower than her buy in so she is "lost" money. she is holding! not interested in selling.
can we huddle while we hodl?
i started this january and my portfolio was once up 4000% and i couldn’t believe how easy it was. made several mistakes and if i hodl i would have been up more. then the crash came and it struck me how volatile the market is. am still up like 1500% but well everything is in a slope. my initial investment was rather small and i haven’t put all my saving into this so it is quite easy for me to just stake my coins and wait it out. wait til next real bull run and the one after that. my first thoughts about crypto was get rich quick and yeah there’s a small chance one can do that but now i’m in it for the long term and will still put a small percentage of my paychecks into crypto as a long time investment.
yes, fuck me for wanting to invest in crypto, but i'm gonna hang on and throw more in each month like an idiot. hopefully it helps buy you all some lambos or airplanes someday. y'all are decebt people, i wouldn't do it for anybofy ekse but you.
it me! but i mean what else am i gonna do? sell for a loss? today’s actually the first day my ada has been red, too, but i think crypto is the future and i’m cool to hold for a few years (at least) to see what happens. doing my best to dca small amounts that won’t affect my current financial situation.
i went through the first crash and haven’t sold anything through this one. riding the waves and seeing it rebound gives your strength. also, we didn’t invest more than 10% of our entire portfolio, if we lost all our crypto we’d be just fine.
thanks mate i really deserve it
yep getting fucked here. 🤷🤦
thanks. it's because unlike my friends that have been in the space for a while, saw dollar signs, got greedy, and invested even more than they could afford to lose i actually listened to the advice they parroted. i'm receptive to the idea of this being the future but right now it is pure speculation. i'm receptive to the idea that my money sitting in a savings account is being outpaced by inflation with the shitty interest rates and i should make my money work for me. i'm not receptive to the idea that i should put it all in one crypto basket. if i lose it all, oh well. i can wait, it was not that much, and i'm going with the diversify strategy. however i'm sitting at about equal right now. i think picking coins that have some traction here helped. btc, eth, and ada.
i bought in for the first time in march 2020. literally everything to me is a gain.
bought in may and won’t go away
i learned very quickly with doge to just wait shit out. (which is why doge will never be worthless to me). i'm down 35% ish right now. tbh, i put money in in february - kind of a good chunk - hoping to have more by the time i get married. fast forward to about 100 days from the wedding and i'm down right now. that said, if i take it all out there is no chance of it going up. i do not need the money right now so it is going to stay there as 'worthless' as it may be right now, or in my wedding night, i just hope that somr day my investment will work out for my future wife and i
so the credit will be in fiat or crypto ?
i’m holding but i only put like 2k in. i just put a little more in today. hopefully doesn’t dip more lol.
if you got into crypto this year then you did your research and understand what a bear market and a bull market is and you would've known we were in a bull market that will eventually end and we are now dealing with the bear market. you would've known what you were getting into and you'd know the bear market is great cuz it means you can now buy loads more crypto than you were during the bull market and get ready for next years bull market. if you're freaking out cuz of the bear market then you should get out cuz you clearly still do not understand how the crypto market works and should stick to the forex market. honestly gets annoying seeing people be like "oh boy all the crypto is crashing must be really painful i'm going to lose all my money" as if we all did not damn well know this was going to happen when we agreed to be a part of the crypto traders. it's going to go back up. chill tf out go outside. you're in this for the long run, not a quick buck.
got in at the beginning of the year. my investing has now changed to include better projects that offer staking rewards. so while we have this dip, hopefully im accumulating in projects that will stick around.
i made the brilliant mistake of starting out in crypto by buying into eth at .
yeah im new to this. my understanding is this stuff happens, but the dips are not this huge but hills are not that old. i feel that im not actually losing money, till i pull the money out. i dont think i have enough to play the pumping game or pulling out on a high to buy the dip really makes a huge difference. im telling myself this is on sale and when the sale ends we are going back to pre crash numbers. which would be really good.
i blame this crash on the degenerates buying cumrocket and shiba.
hey it’s me! thanks stranger!
down 37%. only £3k invested so not too fussed. accepted when i invested that i could lose it all, and i have to stick by that. mainly btc, and some others i’m interested in like aave, sushiswap, yearn, and cardano. i’m confident my portfolio value will drop further. so be it. you have to live with the decisions you make, and i’m still happy to have taken this risk. i still think that there’s massive overconfidence across all crypto currencies, but the risk of no exposure seemed too high (at the time). who knows if this will ever recover!
got in before the crash, just. i have seen and felt some green before the red. i'm also too lazy to pull out now
only good aspect about this dip is that my portfolio is now only 30% crypto instead of 50% so it gives the appearance of better diversification.
i came in shortly after this year's ath dropped a bit. bought ada at 1.18gbp, shib at 0.000006gbp and vet, xlm, eth, all around ath, have since added more from the multiple dips and i plan on holding and adding to my pot for years. just stopped buying shib as i feel like i have enough and i want some stuff i can stake so i'm sticking with vet and ada for a while.
most of my portfolio ended up being on the high side of the current prices but i wasnt looking to make a quick buck on this anyway. just treating like stocks buy and hold longterm
i bought in at ath and am holding, i have unsubscribed to all the crypto newsletters and blocked the google feed.
well what else i can do... i bought few days before crash bought fantom at 0.72 , eth around 4k. i am almost 50 percent today, whole plan was to keep the money for month and take some out to pay credit card debt. i cant take it out now and regret later... i would rather watch it go low and make my mind.
i bought in late april early may at many of the cryptos ath, but i treat my investment like it’s money spent, like i can’t get it back, so it could go to zero and i would care but not financially. i want to make money off of this but i just have a lot of fun reading and learning
i'm ok for now. if we start testing a 20k btc or 1.2k eth... i might change my tune. but for now, i hodl because i believe that the technology will get adopted and the models will ultimately hold true.
the massive selloff in crypto seems suspicious to me. who is selling? i do not know anyone. all the charts now resemble each other, exactly what we saw in the wallstreet reddit fueled "correction"
i'm one of these new investors. was delighted to see when i got in my investments going to new ath but was sickened when these crashes came. even though it may continue to crash for now, i do believe that it will go beyond once again to new ath's. it may take a couple of months or it may take a few years. that's ok because. a. i accepted the possibility that i may not get my returns back straight away. ( and that i may never see the capital again which i accepted ) b. when researching into the crypto-space, i became more and more interested overall and also fascinated with the principles of each coin on what it was offering as solutions to problems. c. i recently got a new job so i'm not financially strained anymore. so i'll continuing budgeting to ensure safety for myself financially while also dca throughout the years to maximize returns ( since my entire portfolio is in red ). ps. for anyone that is new, do not worry about your portfolio and do not check it every second. just enjoy what you do outside of this. because your mental health is important regardless.
i got in near the ath, at this point i'm not even worried; if crypto can survive the stuff out dealt with in the past, it can survive the future. might as well hold on for the next 5-10 years and see what happens, takes the stress out of the day to day.
i'm gonna need all the credit i can get after this drop. give it to me!
watching it go under 30k is painful but i was ready with some dry powder. i believe in the long-term. do i think it could go to 20k? yep. still hanging in there. these are the trying times but if you can make it through these you can make it through anything.
that's me :) i also have no idea what i'm doing. i'm the only person i know who has cryptocurrency so i am grateful for this group. what i do know is capital gains tax and do not invest more than you are willing to lose. i can go days without checking too. i'm down almost 23% and i'm not phased because i've also been up almost 150% i'm having fun and who knows what the future will bring
thanks:) looking at bitcoin since 2013 while i saved 30k for my aducation. was rly strict about it and did not invest in any kind of speculative asset. gruated this year into a well paid jop and instandly begann to dca 20% of my salary into bitcoin and i am big in the red now;) in highnsight i should have started earilier. but hey i finished uni with nearly no student loans and i am fine. will just cut it down to 10% (since i feel 20% is rly hard to stomach when it drops a lot) and keep dca. hope you are all doing fine, hodling and did not invest to mutch earlier this year :)
it's been fun constantly buying!! so. much. fun...
i only have 5k in so i'm not that concerned. if i lose it so be it, it is chicken feed. i'll just buy some more every payday.
i'm holding but done buying down unless they drop very low (as in ltc below 75, eth below 1200, btc below 22k). i've lost enough money for now. sucks. but it will come back around
even in the bear market, a single question makes me keep my hands tight on my cryptos "lambo when?"
thanks man.i was researching and thinking about investing for months and then finally committed at the ath. bought again on the third dip just to watch it all plummet again. but here we are. havent sold a thing.
oh i went hard before the crash, i can’t afford to go hard anymore lol but when i can i definitely plan on it just replace “down” with on sale and it puts things in perspective just because you paid full price for your tool and the next week it went on sale doesn’t diminish the fact of how much work and what it can do, just what you paid for it
i am new to crypto after finally giving into my friends telling me to get some skin in the game. i bought btc at , eth at , and algo at .55ish. oddly enough, the only crypto i bought in early on was hbar at .07 and even that is getting close to busting. i’ve dca’d over the last few months and at this point, i feel like i have no other choice but to just hodl. we’re gonna be okay right guys???
down over 50% on some buys but firm believer in technology. don’t need the funds anytime soon and i’ve been dca’ing all the way down. consider this: even if we just stabilize and ride sideways, you can make great returns via staking. 💪🏻. keep your heads up.
i’m down 70%. this is great.
i got in at march and my portfolio is down almost 50% and i'm still fucking holding. fundamentals are stronger than ever and i'm confident that things get will better in the long term.
i’ll take my credit then! i’d been watching and reading for a long time but finally got in the end of april ... needless to say its been a straight blood bath ever since but i’ve got faith and patience ... and high blood pressure now lol. but the lessons i’ve learned these last few weeks have exponentially helped me grow knowledge wise on what not to dos. thankfully i didn’t go all in on anything and have taken my losses as a learning experience ...
i was a noob, still am i guess, and bought about 2 weeks before the dump. literally the worst possible timing. then i got about 10% of my total crypto investment liquidated in that iron finance bullshit. i can say i have learned so much in the last month. expensive lessons but they will help me in the next bull run. don't get greedy, take your profits. don't follow the crowd. fools like me diamond handed to their grave on iron. i will never make a mistake like that again. that feeling of greed was like a drug, i had never felt that before. learn entry points and do not fomo in at literally ath. the psychology of this is crazy.
i bought in at ath in may. i started buying dips that turned into highs. kept buying dips that turned into new ceilings. not the start i envisioned when i finally pulled the trigger to buy into the crypto-verse but oh well. now it is just a matter of buying thiscounted coins and hopefully picking the right ones.
i lost everything :(
may bag holder checking. it hurts.
after a few weeks of reading and learning all i could about crypto in general (how did i not do this years ago?), i yolo'd in big (for me) in the first week of february, mostly eth and btc, but also a nice bag of ada and vet, about , and have been adding ever since. it's painful to watch it double, almost triple, in a couple months, then plunge close to where it started... but this is a long term hodl for me, at least a decade. i know people get tired of hearing it, but this is a great buying opportunity. when eth was touching . now it looks like a chance will present itself again... this tech is the future. super bullish long term, even if there are red dildos flying everywhere today. buy, folks. buy.
one of the hodlers. tbh cant fathom selling at 60% loss. got into crypto in may just before the crash. hodling strong. no plan to sell.
right now, i am singing the song by ludacris, “how low can you go?”, each time i look at the charts.
i feel seen 🤣 bought the day before the may crash, and have dca'd down to the current price, wishing i had more to spend as it keeps going lower. never thought i'd be excited to be buying a declining asset, but here we are. fwiw i'm a very low-level investor. i stuck about £500 in so far, and it is worth a little under £370 as of a few minutes ago. it just. keeps. dropping 😬😬😬
i do not know exactly as i had some eth when it was still like 700 but all my btc and a few alts were basically bought at ath if not a little below it. it sucks but i just keep reminding myself what's the worst that can happen? i lose it all and just go back to work. the best that can happen? i make a really good investment and can retire earlier than expected 👍
this is me. i'm here until the slow gurgling death throws... but is there any way out of this, just seems so utterly hopeless lol. feels like all of the bears shorting for a quick buck will bring down the market...
the best part of the rollercoaster is the way down. yooooollllloooo9oooo
started buying in april. dealt with robinhood “crashing” when doge spiked to .47. dealt with elon trying to tank us. now dealing with china being a little bitch. 30% of my portfolio is gone and it’s getting worse. i’m not selling til it’s all back and then some.
thanks,i came in during feb so i'm slightly negative atm.
i bought into the doge hype but managed to sell at a high and got into xrp. made bags when xrp spiked out of nowhere but now i’m back in the red again! just got to sit on it and educate myself further. biggest thing for me is not checking binance every god damned minute of the day, my life has become a lot more enjoyable since i hid the app on my phone!
look mom, i'm on the top post of r!
i started late december early january, do not look at it much and do not plan on selling for 5ish years, just staked what could be, and throw about 100 in each check. were all gonna make it
i feel like a lot of people did not get the "do not invest money you cannot afford to lose" memo.
i wrote off every penny i put in 2 months ago. down 50% and just do not give a fuck anymore. fuck "investing" - i'm buying ammo and flipping it for 30% margins every 4 weeks. this shit was shit to begin with.
i needed this. thank you
i hate to be that guy but this is kinda what i was hoping would happen. i've been buying ada since 1.33 and once it goes under .00 im going to buy another fat stack.
yeah it takes guts & faith in the market to not panic sell. mainly if your investments have not made amazing returns yet like they have for many of us.
sometimes i wonder if posts like these are meant to ease the mind of the poster and not other investors.
i started to dca my way in earlier this year. the charts can be thisheartening during these dips but then i remembered i'm in for the long run. i stop looking at charts and go outside for fresh air and suddenly none of it matters anymore.
down 60%... july will be crucial month i have that feeling
as long as you invest with the psyche of - "never invest more than you can lose" its all chill bro
i had been researching and interested in investing for a while and then the market downturn at the end of april was my time to get in. i split all the fiat i was comfortable with and had been +/- 10% until the last few days and now i'm down like 25-30% but it was a long term decision. only regret was not saving some fiat for now to boost the portfolio more.
i’m here. why would a sale for a loss. i invested to make money. maybe i just hold until it comes back to profit or down to zero. either way it’s just money and i can always go to work and buy more. it’s just a lesson in life that nothing is guaranteed
diamond hands!! if you made a decision to buy and hodl long term then no dip or correction should concern you.
i threw a total of a few thousand in various coins just so i could learn and understand the space. had to be on 4 different exchanges to have access to different coins. fully expected to lose money investing at a high point, but i have a much greater understanding and respect for this space and will continue to explore and invest.
the unfortunate luck of starting at the wrong time :(
i’m holding through it
bought in around 2k before it went to 4k, sold around 3k, and then bought back in around 3700. as others have said, certain meme stocks have given me diamond hands and luckily those stocks have hedged against my losses here. i’m netting break even, but i don’t know for how long if this keeps tanking
yeah congrats to all the newbies for holding my bags
thanks, fomo'd in early mai, tried to do some dca during the first few dips, did not expect a crash that low. still holding but damn, i hope the bull run picks up again for a new ath at the end of the year.
got into crypto in january, so i'm still up, but not much. it does hurt a little to know that almost all my profits have been vaporized, but i'm not one to give up quick. i do not think the bear market is here yet, there are still so much big events planned this year. even if the bears are here i'll just hodl until the next cycle. i just uninstalled everything i used to check on my investments, now i just have blind faith'm up. it helps massively just not looking at it.
i entered the market at the end of march and made the stupid mistake to give in to fomo. i ended up puttimg a large part of my savings into crypto. it's not as if i'll be using that money anytime soon as i'm still a student but it has been a bit scary to see that money be worth less and less. last month i've made the decission to start dca'ing withh a monthly amount of money i can miss. i'm in it for the long run and do not mind the stupid mistake i made in the first months. i'm glad i get to experience both the ups and downs of the cryptomarket this soon in my journey.
thanks. i find it almost comical even though it is a big loss. time to buy is all i'm seeing but my spare money is in.
i invested a slightly uncomfortable amount near the top and am down 50+% right now. trying to buy a little more when prices hit certain levels, but that extra money to invest is drying up soon, so im just in this weird spot where there is nothing to do but ride it out. learning to just set it and forget it.
i don’t man people in a lot of crypto communities are delusional. things aren’t going to rocket forever. when you get the strange feeling it’s time to bail and set the cash aside to rebuy. history repeats itself, look at the charts. people fomo’d in and got dumped on. buy low, sell high. these communities are dangerous sometimes bc it’s a moon echo chamber. trust your gut folks.
started buying in february. this was a 5 year plan for me, especially with ada. i’ve staked what i can and believe it will pay off in years to come. the only regret is i could have gotten more by waiting to buy until now. but no one can predict the market so now i hodl.
started back in may during the first dip, portfolio down by 40% and i am not selling! will buy more during this dip and keeping hodl till the end
started my first crypto purchases right before may crash. easy to hold a coin with a good team and future prospects. despite all the market fuckery, my bag grows through staking. i could have more if i got in at more optimal times, but i am grateful to be part of what i hope is the future.
well i'm not going to get a deposit for a house any other way, so le shrug. i either lose it and i'm no worse off than when i started, or i get that deposit.
hold for my grandchildren
i'm down 60% since i bought in march. somewhat i do not care all that much. just gonna hold on to it even though i invested a substantially amount of money for me. maybe i will even buy some more during this summer. i'm finishing my university study this winter and are gonna get a relatively high paid job which i guess helps me not care all that much about the money. in times like this you really understand how important it is to focus on other things in life and get yourself a stable job or a good education even though you feel like a crypto pro ready to be a crypto millionaire during the bull runs.
i bought 2k eth at 3,2k...
personally i bought during the crash of 2018 and had a long wait before i turned a proffit. if things are ideal, this is just another market swing. pendulums swing in both directions.
bro i bought at matic ath lmao
yep, threw in ... dcad now ... got another leg down on the side jic we dip on the dip, that is been dippity dipped already
i bought in in jan and i ain’t going nowhere. going into the red this week was slightly thisheartening, but i fully believe this whole thing is here to stay (well, the good ones at least), and i’ll be buying more while it’s down. staked eth for 2.0 so that will stop me from doing any chicken-shit behavior!
thanks. i got into this about a month ago before the may crash. i'm a bit scared, yes, because i'm new to this but ik it is going to go up eventually. so i'm going to hodl!
it recovered once, it will (hopefully) recover again, i started in mid april and saw some profit for about 1 week before things started to change, mid may i decided to stake all of my investments and pretend i lost all the money, i dobt regret a thing
im am too stupid to fud.
i came to stay
hey appreciate it. i got into crypto in the beginning of june. been holding everything. keeping up to date on news and doing my research has helped a ton, and i quickly learned that crypto is not a short term game. initially i wanted to make quick bucks but the more i learned the more i realized the long term game is where it’s at. new to investing and crypto so yeah. don’t have a lot in crypto but enough that it can make an impact if we see recovery and growth in the market by the end of the year
easy to hold when i don’t monitor the trends all day
i got in just before the crash in may, been sadly glancing at my portfolio ever since. will i sell? fuck no! diamond hands only here, hodl or bust!
started in late february, down more than 20%, let us wait and see...
i am already buying more cause i know crypto is future baby
i got doge around 0.4. it has not been doing so well... i only put around 50 in though, and now i'm looking to buy other big one
this applies to me. got in during the bull market and went balls deep. all of my gains gone and down significantly right now. i am holding. good friends of mine have prepared me for moments like this.
i first bought when btc was at 50k. pretty deep in the red now, but i'm fearless. i'll just buy more when it stops dipping. :)
i do not really understand why people would buy something with the thought process of this could make me money 2-3 years from now, then it goes down the next month and they sell for a 40% loss. before digitized investing people would buy a stock and check the performance once per quarter lol.
damn... that also happened to me... started this year...
invested half my portfolio in tfuel after the may crash, i'm still 40% up lol. but yeah my other coins are in the red. just hodl guys!
got in , just before the crash in may, never seen my portfolio in green, down almost 50% , bought some dips, last one was yesterday, didnt expect to go under 30k tho ... every time i buy it goes deeper hoping for a better days to come, or months, no one knows at this stage i guess lol
i appreciate the words, man. i got in around may 4th after nearly pulling the trigger on buying eth last year. i've actually averaged down a lot since by putting in £10-£20 of my allocated crypto fund ever day, primarily defi projects. here's to all you new bois out there, we'll make it through the other side and be big bois when this all over with. and thanks to people like op, too, for making the new members like me feel welcomed.
i am just averaging down, so all good
that would be me…. who decided to hodl instead of taking gains before elons first crash tweet
i just don’t understand why i would sell at a loss. i got in at the ath with 1. dcad since and am still 30% down on my investment. i find it easier to just forget about it than it would be to sell at a loss. i find it unlikely that it won’t go back again eventually - even tho it wouldn’t be far fetched to say that the hype around crypto during the pandemic could have made this ath bigger than the next peak. i still prefer to hodl thru it and buy some more once the market stabilizes at a lower price. i’ve only invested what i could afford to lose, tho.
i don’t mind hodling. i’m excited for the future utility of crypto, so kinda sucks the market is so volatile because it’s fun to use my coins when i can in retail environments (few and far between)…not fun though when my balance bounces from -
i got in last year in december. still hurts to see but i’m holding until i turn 69. hopefully i don’t lose my keys
got into crypto a week before snl. you can all guess what the first coin i bought was, but we’ll that went down and now i’ve spread my portfolio between 5 coins and while i’m very red rn, i’m used to it because there was only very periodic and small green. but i’ll get there eventually. and until then i put in some money every month.
i bought in at the start of march, so i've seen the potential gains that are possible. i think that given i had not even looked at the crypto markets pre 2021 it shows that new people are thiscovering it every day. i'm hopeful that as more adoption happens, and new tech comes along we will begin to see a steady rise again. but for now... sale!
the market is not down. the usd is.
i made some real bad investments when i started, gambled everything on what looked to be a good project called yoyow shortly before china screwed me and i couldn’t access it on the exchange. spent a month panicking about what i was going to tell my wife as the price tanked. i got lucky, and it ended up going up 60x giving me back my initial investment plus some profit. my current portfolio is 15x my initial investment, and about 20% of where i want to be for my exit plan. if i’d bought into all the fud and panic sold, i’d still in the negative. the market is known for being volatile, but that’s a two way street.
bought in january 2021 ... dca even now in the bear run ... did not sell shit, do not understand why peopl are selling at huge loss, if that is the case better wait out the next bull cycle.
i got in around 50k on bitcoin and yup. i'm holding hard because screw taking a loss
invested 10k down to 5k :) if you believe in crypto just hold. if it takes a year or 2 , im pretty sure it will be green by then. all is good, just invest what you do not need.
funnily enough once the market dips to a certwin point, hodling becomes easier since you are really screwed if you sell anyways.
yup, i bought eth in april and locked it all away in 2.0, so i'm not affected by the dips coz i anyway cannot sell anything : )
newbies good luck if this is the bear do not forget to get rid of your shitcoins and dca into quality projects, mostly btc and eth as they are the first ones that will rebound and most likely to stay in the top. alt scene can change a lot in a bear and many projects will fall out of top 100 and never return. even though it seems alts are being massacred, btc dominance is still around 45%. historically, btc dominance reaches 70-90% in bear markets i still hope this can turn around and i am buying the dips but we were all hoping the same in 2018 so do not spread yourself too thin
i started with 11k, caught the ethereum boom back in february. it kinda hurts.
i’m a new investor in 2021. never seen a green portfolio also haven’t sold anything. it’s so obvious this technology is the future. i’ll never sell for a loss, ever. worst case scenario i don’t see green till next market cycle. i’m patient.
started half may this year, a few days before the huge crash, guess when i heard about dca ? yep...
the way i cope through these crashes, turning off my "price alert" notifications, and avoiding this sub. i used to check my portfolio everyday (and every other hour on top of that), but now i check it maybe once a week. anyhow, at least i'm less obsessed about it now. i'm just trusting the saying that time in the market beats timing the market, so i'll just keep on hodling :)
i invested about 3 months ago , at first it was going green for a few weeks. then the crash came... i just leave it alone now otherwise i would've been insane about now...
thanks for acknowledging us newcomers. i got into this in early may. been buying on the slide this whole time and have not sold anything. i feel confident that it will bounce back and create a new ath, but the question is how long will that take, and of course nobody knows. so i've decided i'm just going to hodl through no matter how long it takes.
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i know it is probably been said... but bull markets make you money. bear markets make you rich. so, do not catch falling knives. hodl. buy the bottoms. and watch and see what happens in the next run-up. if you're new, look at the charts and prior crashes. look into history and see the spikes. china is getting shaken out because of their crack downs---but there are way more people in the world and as long as you buy into good projects, you'll see green again one day. bitcoin miners are moving to other places. it takes time for them to move equipment and get set up again. just heard of one miner putting their rigs on large planes and going to maine from china. have no fear!
started in april, before the first crash. feeling bad but i invested money i could afford to lose. just waiting, hodling and staking
thank man. in cad bought into eth 5k and ada at 2.50, xrp at 1.25 gonna hold and try to dca but i'll likely not see profit for years but i'll hold it hopefully even forget about it🤞
bought ath and now i dont have money to buy more. yeah i am an idiot
not gonna sell, do not want to lose 150 euro out of 300 euro.
i do not have much but i've basically just left everything sitting in my wallet. i do not even look at it more than 1x a week. it's been an interesting experience so far.
i mean most of them are not hodling, that is why the market keeps bleeding. if most of them kept hodling we wouldn't be in this spiral. but they get spooked, understandably, by seeing their portfolio value plummet and bail out.
yep... that's me. eth right near it is ath. down huge, but i'm not selling!
at least it is crashing on paycheck day once in my life :)
up at one point 110%, now down 20% and still falling...ugh! all i can do is hodl.
to anyone reading this. delete your coin base app and stop looking at it every day. hodl through this and have some faith.
i got myself into this in the middle of may. i thought i was getting a thiscount, then we had some nice dips so... more thiscounts, then more and more dips till i ran out of what i can afford to put into this. i should be about 30% down but im here for the long term... even though my heart hurts a bit. i also made some newbie mistakes of swapping things till my portfolio got its final form of how i want it to be, so more losses there from the fees. i would lie if i said i am not worried but after a lot of research i believe that some of the projects i am into will work out eventually in the furure. (eth, ada, dot, sol, matic, algo, tron)
im new to crypto investments, but i used the crash to buy more🤷‍♂️ (vet and ada)
i did not come in during the best time, but i'm glad i've thiscovered crypto and this community. i've learned so much in the past few months and am confident the market will go back up eventually. no rush. i'm hodling and learning and that is just fine with me. :)
everytime it goes down you can increase your potential on future profits i cannot stop buying. i need to stap
where is my credit
i got in early sold some but now i believe in it more and am excited to buy more every week
lol both my limit buy orders triggered this morning with btc dipping below . and guess what? i got more limit buys all the way down. fall baby fall. not gonna lie - this takes conviction. i just close my apps. would’ve bought stupid shit with it anyways. at least this “stupid shit” will appreciate!
thank you to all you pioneers entering after december.
the last cash infusion i did in my account was 1 hour before potus announced he wanted to increase capital gains tax... lost all that money in a matter of 90 minutes (did not sell so not actually lost) but all my earlier investments were carrying my account since then. yesterday i finally dropped below my capital investments... feels bad but i am not selling shit.
i have a little side gig where i make a little bit of money doing online surveys. half of what i make each week goes into crypto. i’ve heard it said a lot around here, but if you invest money you can afford to lose, then you can afford to wait for it to grow.
i'm not worried about the prices crashing because i have a strong faith in crypto and i'm convinced that it will bounce back. it just makes me sad to think about how much more crypto i could have bought if i started investing now instead of a few weeks before the ath. stay strong people! 💪
i'm just mining and buying what i can with an eye towards the future. not too fussed what happens this year at the very least.
lost half my portfolios value, now it is sort of funny... that money is not important to me
i was lucky. invested a modest amount mid january. early may it was 5x up. i sold 20% which gave me back the cash i had invested. now what i have left in crypto is about the same amount i initially put in back in january 😅, but it feels like it is all 'free profit'. but i'll be hodl'ing for a while now i think! tldr; take some modest profits on the way up if you can, even a small amount can make the dips feel less terrible.
i even put more money into it, 600 last week is 400 now! still going to buy more on my next budget turnover!
only have 0.1beth staking but i've been holding for months now, really wish i could buy some more rn but i've been spending way too much money partying lately
it's fine. everything's fine. 😅
in all honesty, i lost a few thousand so far. i've been investing since january, but did not take profits and got greedy in may. it was my first time in the crypto space. now i'm just holding and assuming it is going to be a dark winter for a while. it hurts, but that is my fault. it will come back, stronger than ever, i have faith. i paid the price to learn how to play this game, and i'm fine with it. i'm excited to apply everything i learned in the future. for now, i'm dcaing in every week to build up a solid portfolio for the next cycle. into hiding i go, see you all on top in who knows how long. maybe in a month, maybe in years.
as a person who bought eth as their first crypto on the infamous 19th may 2021, i can only hope for the better
i just do not ever look at my crypto account and i pretend like the money does not exist. i lost a lot and could help me so much right now but at this point i'm keeping it in it whether it goes to
i too, give credit to the new era of bagholders who take the torch from 2017.
i went from , and now to . even though i'm expecting it to go under , i'm doing to stick with this. not gonna sell.
it will bounce back eventually might take some time i had money in stocks during the recession...i watched my life savings melt away this is nothing compared to then.
yup i got into crypto in march and it was fine for a while before the market started crashing and everytime i think ok this possibly cannot go lower, it does lol. it's scary but i'm still holding, in the grand scheme of things i've only had my money invested for 3 months, i wanna wait atleast a year and see how things go.
i’ve been here for the long haul, and i i’m staying here!
hey that’s me! not sure i really care about the market being down bc i get to yolo into a bunch of cheap ass coins
i have nore reapect foe the investors who got in above 30k and sold on the way back down. cos those guys are smarter than me without having the experience of a previous bear market. i didnt see this coming cos my hopium was tingling while looking at every dogshit chart
well i started like 3 months ago, after all the hype i saw in internet. i did panic sell at first, and it was down like 1%. but i learned later ,and mostly from this sub and now i'm holding even though i'm 40% down
first bought bitcoin at 60k then gleefully averaged down to 53k when i saw a dip, then averaged down a bit more to 35k from february to now... unfortunately made the mistake of telling some family about my exciting adventures in bitcoin so they have been telling me what a fool i am the last few months. so awesome. only foolish move was telling anyone. hope a year from now and 5 years from now and ten years from now i look like a genius.
yep... markets will always come back eventually. this is nothing compared to 92, 2001... i watched thousands of dollars evaporate nearly overnight in my 401k and ira plans in 2001... those all eventually came back, this will too.
joined around the end of april, and this bleeding hurts... it really does, but i have set my goals and failure is no option. hodl and be richer or hodl and be a little poorer but at least i tried to get a better future. time is on my side!
started in like jan i'm down like 30-40% just when i saw profits i see negatives everytime thus far but i'm in it for the long game and the tech plus i believe in the projects i invested in so just gotta hold and wait
it is very likely that we will all see . the last bull run, eth lost 90% of its value in a matter of months. everyone here should be prepared for history to repeat itself. it’s not unreasonable.
bought around 2018-2019 bear, i'm still up and will continue to add up. i've got balls of steel and looking in 10-15 year time frame.
did you mean: investors who got into crypto earlier in the year and are buying more through this
credit for buying at the top? lol… “you make bad decisions and i commend you for it”
i'm a newbie, got in this february. experienced some of the highs, got addicted to seeing gains, but now i am sadly watching my money go down, but forcing myself to inject small amounts regularly, only for it to go down again. but i'm in this for the long term with only modest goals, so i try not to worry too much.
that was me but luckily only dipped a toe in so far rather then go all in right up front. i wanted to play with a little to learn what crypto was all about first. sucks to see your investment go down but now it’s cheaper to pickup more.
i went from gaining 2k to losing 4k within the same month, but i keep on holding!
no worries, i considered this money as lost. hope i'll look one day and it is an asset again. happy hodling.
it definately feels bad when the ship you had just jumped on starts going south. all i can say is stay calm and hodl your way to victory.
-45% here, i am not selling.
in since februari, was up 50%, now down 30%. hope the bottom will be in sight soon. i thought i was lucky to be early in the bull run, but turned out different. listened to advice not to invest what i cannot afford to lose.
thank you sir. your kind words make the ramen taste all the better
buying and still going to buy for my future with what i can afford to lose
we are part of this generation's bag holders now
i didn’t take profits. only pumped money in. needles to to say i’m down right now, but i’m not thiscouraged in the slightest! :,)
i'm \~70% down since i bought in march. 0 fucks given, i am in for the long, believe in the tech + it was money i was gonna spend on booze either way. salute!
wild swings for sure. i bought a few months ago and i've been up alot and down alot. not only am i holding, i'm buying more. i really do think it is worth it. if it is not, it is just extra money i had.
i’ve slowly brought my average from 52k to 42k and now it’s at 29k 😭😭😭
when you've held gme from 90% losses and managed to sell for a profit after it went green a few weeks ago, you can withstand anything.
portfolio is down 30%, just bought last week, still hodling.
struggling a little bit with these dips - but getting through it with the help of this subreddit!!!
thanks. it's been a rough ride.
i got in in february and will hold to a 90% loss ☺️
if you truly believe, you do not continue to price it in dollars or euros.
hell yeah. i’m just 3 months in but i already feel like a veteran that survived the second world war, vietnam and the coldwar. i have several strips and crosses on my chest😂
that’s me! got into ether at 1800 then mostly at 2400. about to buy my first bitc if it goes down to 28k.
i bought in about 3 days before the crash and have not touched it since. my question is, though, are there any cryptos that we should not be hodling? for example, should i just bail on doge, since that one might never rebound?
what is everyone thoughts on converting to a stable coin until the bleeding slows?
i wanted to get in since 2017, but didn’t know how and didn’t have the money either. when it got to 50kusd, a colleague told me that his sister got in at 8kusd in 2017, and that’s when i realized that i had to get in. now, doing my own research in this past months, i am really convinced on the crypto projects i have invested, and avoid making relations in terms of fiat (except when it’s time to buy the dip!). cheers to all hodlers!
lol. if you told people in december 2020 that people would be freaking out in summer 2021 about btc "collapsing" to "dying" at , they would've bought up as much as they could. the billionaires are manipulating this. they sell it at , shit on it on twitter, and then buy it at . how do people think these assholes accumulated more wealth during the pandemic?
so when is the next "cycle"? do they seem to come quicker every time? one thing i di expect is that btc would not fall to the same 3k levels as before. the bottom might be higher.
i got into crypto at the begining of the year, except i sold at almost ath, when it started to dip i sold. now i have money to buy even cheaper. holding is not always the best strategy...
our buddies at blackrock [yup](
the trick is, not to look at the charts at all.
i bought bitcoin and ethereum right before the big crash, but i’m stubborn as fuck. no way i’m letting anyone else take my money, even if it is only a relatively small amount. i’ll be keeping my investment until it get my money back
a lot of us (new investors) also know that the prices were high to begin with in that period. i'm just dca'ing so i already get a feel of the market, looking forward to the future!
gonna have diamond balls by time this dip is over.
i bought btc and eth in april. put in money i can lose. so as far as im concerned, this cycle just means i can get my average cost way down. watching...
bought in 58k. hurts but i have faith it will shoot back up. no monies to buy the dip unfortunately
hold says he…. buy more says i
i love pain what can i say.
i mean, i'm already losing - why should i lose more? if i sell now, i would not only lose the money which are already lost (obviously), but i lose the coins. i want to have the coins, that is why i bought them, and giving them away right now feels like gifting them to people which chose to buy - and i probably give them away for less than they will be worth at some point. if somebody expected to "buy a lambo" in 5 months then i think you should just try the lottery. but if you planned to have a better future then i do not understand why you're freaking out. it's my fault, guys. i was kinda hoping for things to go south (literally) beacause i could not afford (and did not want to pay so much) to buy at high prices, so my wishes came true - things dropped a bit and now it is a good time to buy more coins at a smaller price. let's hope it will all be fine in 3-4 years. c'ya on the other side
new investor here, i followed what they told me on here which is to do your research and pick coins that have utility and a road map with a legit team. so i looked at products, use cases, utility and linkedin searched employees and googled ceos for any scandal or ponzi related scams. based on that i invested in about 6 specific coins and 2 stables eth and xlm. i did this early feb took some profit end of march but not much. i saw how green things were and then they turned depressingly red but i understood one thing i was not going to get rich now but in some years to come. i stopped looking at the charts daily and tell you the truth i have not checked in about 2 weeks and i feel good. i would not regret investing but i would regret never investing. why? i worked at a help desk years and years ago. my friend mike tried to convince me to buy btc and eth at the time was . today he is a very rich young man because he held and held for years and then cashed some out . i missed the boat years ago and have learned. so i'm just following mike.
oh let me tell you the story of how i bought in at aths on multiple coins and shit tokens, then doubled down 6 weeks later (you know, last week) because, "clearly we are near the bottom" and now i'm sitting pretty with a near - 70% portfolio. but i did bring my average cost down so you know "hope". i have two things going in my favor. one, the only money i spent was gains money from other investments, still hurts a lot, but i did not destroy my life. two, i have no desire to sell because at this point i'm down so much i would rather see where this ends up than locking in my loses. my worst case scenario is filing it as capital loses on my taxes which hopefully will cushion the blow. i think the best advice someone gave me was just change the password on the app or uninstall it and do not look at anything for a few months.
please don’t be stupid… if you feel you could buy btc cheaper later in the year then sell and do it. do not hold trough this and don’t try to be a hero (especially if you invested large sums of money) this is the other part of crypto no one talks about
plan was always for the longer term. now, just wait and buy a bit more for the time being. it'll reach those previous heights in a few years time. hopefully even sooner!
man i hope you’re right, bought eth at 3000, someone make the bleeding stop please
new crypto investor who bought at ath here. my portfolio is bleeding red. if you could extend me some of that credit that would be great.
i probably have a bit over 10 k into crypto and it is down quite a bit now but at the end of the day i’m confident it will come back and i’m glad to be learning now while we’re still very very very very early. and with this dip i was able to get one more full ethereum today so that’s a win lol
i started buying crypto in february and have seen $$. i didn’t invest anything i planned on using this year. planning on buying more once things look like they are evening out
this is what i don’t understand. investing is a long term play. you should never put money into an investment whether it’s stocks or crypto or an ira that you need access to the next 10 years unless you’re trying to the gamble that is day trading. i started dcaing in february and haven’t stopped. just averaging down now. i’m deep in the red, but never have thought about selling. if i sell now, i’ve lost money. why not just hold it and wait to see where it is in 20-30 years. plus short term taxes suck.
appreciate the 💕. bought in dca from late february... seen +50% through to -30% today... could be worse! been hit the hardest on atom. average cost around £12.50 sitting today at £5.91. for me the viable option is get my average cost down by further commiting!
i am down 50%. i believe crypto is the future. im a small fish 3k invested. which is a lot in my world. i will hold. i think dot and chain link will be very viable in the future. oh btt is my oh ya if it hits a dollar i can pay off my house shot. never invest what you cant afford to lose.
thanks man, will keep on buying
is just... everyone was getting soo rich with crypto on january and february... i got in on march, got a few fiat earnings, then elon happened, then china happened. and just when btc was recovering, china happened again. all i can say, is that at least those banning motherfuckers will stay away from worldwide crypto and just stick with their own. that way, their bullshit would not trigger... well... these times.
yeah i bought cardano on 2're going to get past this storm too
i bought my first crypto in the middle of may bitcoin was at 44k, i have been dca-ing ever since, i have about 8 different assets i own. if it was not for actually doing my own research and reading on digital currency as a whole and those assets i chose to purchase i would've probably dumped it all weeks ago. the more i understand about it the more it makes sense to me and i truly feel i'm at the beginning of something that will be globally adopted at some point in the near future. hodl
this market is not giving us much of a choice
i hope our patience pays out
this is how it always goes. just wait it out
i got in at 2,800 lol still hodlin
this technology is too important for us regular humans. not. fucking. selling.
i've been in about 7 months. saw the huge rises and even made some gains. i then had some fomo and stupidly bought a bit of doge but the rest of my sinking portfolio still looks promising. i am buying this dip with the thought that crypto will be back even if it takes a while. i truly believe this is my chance to capitalize if i just stand strong and hold in spite of the dips. i find myself not looking at the market so that i dont become thisheartened at the drop in my portfolio but i have not yet cancelled my reoccurring buys.
i'm holding. tech this thisruptive cannot be ignored. i do feel like i got in too late and that maybe it was too late e timely sometimes. i'm not selling though, happy to have skin in this game. i'm thinking about 2030. hurts though haha
it is painful to watch for sure. hopefully we get some good news soon! at least it seems like this wave of red is bringing the crypto world together and broke down some of the tribalism we have been seeing lately.
well whats the point of selling when you are 75% down anyway
well you see, i haven’t lost any money until i sell for a loss.
got into cryptocurrencies in february this year - started out by following the doge hype and turned £30 into £330 in the space of a few months. in that time i did some actual research and diversified into some of the more long-term projects with promise and built up a nice portfolio. probably seen about 70% of my overall value wiped in the last couple of months now, but still holding strong with faith that this will all blow over. usual advice holds water - only invest what you can afford to lose. i've spent that money, i've got something of value from it, and i'm not actually missing it right now so why would i sell for a loss when i believe in the future of these projects?
as someone who bought doge at 0.50, ethereum at 3500 and bitcoin at 55000, thanks.
i'm hodling all the way through the core of the earth and out the other side to the andromeda galaxy. either i'm retiring early or losing this money. that's the bet i signed up for and i'm willing to wait.
it's just been thiscouraging the last few months cause i buy the dip, and then every time i do, it dips even more. just cannot catch a break it seems...it's also frustrating cause i was very apprehensive before buying crypto in late february, since it was at aths...but i told myself "time in the market beats timing the market". kicking myself now lol...oh well it is what it is, i'm gonna keep holding and averaging down as much as i can afford to.
bought into eth at 3k, watched it hit 4500 and kept holding. still holding and buying more small amounts on the way down. hopefully it pays off big time in a year or 2
thanks. can i exchange that credit for more btc?
i put in a whopping . stayed through a hefty . im so diamond.
this is why you don’t invest more than you can afford to lose. my portfolio looks like hot doge-poo, but i’m happy to hold for the next decade if needed. why? because it was cash that the bank was getting rich on while paying me 0.2%
\~45-50% down already but oh well, they are just numbers so i'll probably delete my account and look back at it when i read some good news and remember i've got crypto stashed in it!
i've bought my first crypto on 11. like many newcomers, we have not seen green so far. i read a lot of what people say on reddit and all sorts of news sources. i truly believe this experience will toughen us up right from the start, and all those that manage to endure till it flips, will come out stronger and better prepared. getting in and instantly see your investment drop will give you a different sense of things, when compared to someone that got in in a bull run and all they seen was green. the next time it happens, i'll remember when i started. for now, hodling and learning.
the free 30 some i got from coinbase is now 19.89 b)
yeah, move it to a safer asset and then come back in. the whole "diamond hands' bullshit is people losing their asses, living in bad apartments trading crypto on margin, trying to do anything to retain the market. creating some kind of fake brotherhood, this broad, pseudo ethical statement of belief, is entirely horseshit, and people are going to lose their asses. big time. the eviction moratorium is ending, the fed sponsored unemployment is ending, houses are too expensive now unless you move to bfe or have real money, cover your asses. you can always come back in after the bloodbath. take care of yourself and your family, over-extending yourself and becoming financially insolvent is not a meme, you will learn a trading lesson that only comes with time. everyone is your friend when you are winning, when you need help, especially in america, no one gives a fuck. the same people cheerleading would make you and your kids walk 10 miles for a bag of rice if it meant one chalupa and a pepsi for them. people are fake as fuck when it comes to pussy and money, do not be deluded.
i started in march and did some swing. yesterday was the first time my value went below my investment. i am still not sure how i got that lucky but i will take it for sure. now i am trying to learn and hopefully find a good bottom number on a few that i hold and increase my holdings and then wait. hopefully i get lucky again!
got on 4 weeks ago after putting it off for years and have been adding to it as we dipped. plan was always the long game but it still hurts to see it evaporating. plus side is it will (probably) go back up at some point, and in the mean time i’ll be stocking up for the next bull. it’s been a wild 4 weeks
i'm new to all of this but the more it dips the more i wanna buy
if you're willing to sell an asset after a bad month, why were you willing to buy it in the first place?
it’s tough, but still hodling. down about 80% as of this morning. gains were crazy in the beginning and it was like “shit this is awesome” now i just laugh a bit and think hodl ... this is the way!
bought at ath. now at 50% down. cant see myself selling at a loss. will be dca'ing since we have entered a bear market and only going to go lower.
i was watching meet kevin an he talked about how when a stock or crypto tanks, we tend to either fight or flight. he then explained how you can’t fight a talk but you can fly away from it. thats bull shit!! you can fight back by dimond handing that shit to the ground!! i did buy at the ath but i’m still buying on the way down!! the main reason why crypto is tanking in my opinion is cause of the hf who need to cover all those naked shares need liquidity. after the whole gme and amc saga is over, hopefully we’ll see all crypto do a nice bounce
can't really do much since im staking for 2 more weeks lol.
i don’t mind holding another three years for even bigger gains. and the us dropping capital gains tax on crypto currencies. nows not the time to take profits.
don’t invest into crypto with money you can’t hold onto for a while. there will be a bull market eventually, even if it’s in 6 months. these things happen
i just stopped looking at my losses. it's not as if i was planning on using any of the money i could have made if i miracle sold at the top anyway. so in that sense that money was not "real" anyway. so i might as well just sit and relax until it is time to sell at a profit or a loss.
i made a big point of putting my crypto into a wallet off exchange so to me it’s easier to look at it as i have x coins rather than look at it as those x coins are worth as this is a long term investment for me it’s so much easier to forget about the price
after doing a little research on what ethereum is (and even still not fully understanding it), i bought into it as it was closing in on . i plan to keep holding for quite a while.
yes me, started in march and now we are here. sometime i question myself, did my involvement cause this?...
i’ve got in feb 2021 and i’m glad btc is back to 27k € to buy more. my plan is 5-8 years
thank you op, as a person who got in this year, your post is certainly very reassuring.
i literally bought into the market when bitcoin was ath. have lost 65 percent of my investment, still holding for the future.
i started almost 2 months ago i’m still holding i keep buying cuz it’s the best time to do it
after reading into eth, i put more money into it than any other investment in my life. i’m down 36% and buying more on every dip. i’ve never felt more at ease being down this much on any trade. all you have to do is check the history of the charts. massive bear markets have happened, and lasted several months before. with growing utility and mainstream adoption, along with massive upcoming updates, i think the long term bullish outlook for this space is stronger than ever.
started holding earlier this year but not at ath. still 2x from my initial investment but i could sell at 8x about two months ago. would be a good thing but i cannot time the market. i did not sell back then and i definitely would not sell now. goal is to hold at least for a year, no matter what happens until then.
i bought part at the all time high or near too it but i'll hold. i knew it was a gamble anyway and now slowly adding a bit more when i can and hodl it
new investor this year and this is the buying opportunity you have been waiting for. let the pain continue down for your coinage shall rise from the ashes and lead you to prominence. long eth, ada, icp, matic and the ultimate dark horse, amp. but now go back to selling them please so i can buy more!!!! 😀
credit to those who sold with huge profits too!
once i figured out the difference between ethan allen, and ether, that really helped my world… 🤷🏼‍♂️🤦‍♂️🙄
i started early this year and bought a little of my btc at 60k, so this is a fire sale for me lol
i had a small amount invested until recently and thought i was getting in at a really good time but now i'm down like 30%. idk what it is but it just does not bother me. which is weird if my stocks are down a few percent i'd be so stressed. i think i'm just much more confident in the long term for crypto while i also know some people are doing far worse than i am. it's thisheartening to see for sure but i know when we recover no matter how much i dca i'll be up more than i would be. all of my coins are staked so literally i can do nothing and continue to accumulate. that being said i will continue to buy the dip. the longer the dip, the wealthier i'll be when we are breaking ath again lmao whether that is tomorrow or in 5 years whatever.
i’m currently down ~25% on my ether and bitcoin. every time it crashes i buy more and my % loss reduces. when i’m doubt buy more. only helps my average. it just sucks when you buy at that weeks bottom then next week it goes lower.
🙋🙋 i'm surprisingly okay with this. gives me better prices to accumulate for the next run
getting hard to watch…gonna go get some work done :p
it’s all good, i feel this dip actually works in my favour. i never went all in so i’ve been able to buy in these dips as well. just wish i had more cash right now.
this is me. first joined in april. i didn’t invest more than i could afford to burn in a fire and not care. makes it much easier. bonus is my favorite coins are on steep thiscount now. but, wow. welcome to the consolidation phase.
i'm glad to see posts like this, and the comments. i threw some money at this in early may and yeah it is hard to watch it go down... down... down... i'm not losing anything big, i did not put more money in than i was comfortable losing but wow it is still hard to sit back and watch it all play out. as someone who has never invested in anything, this has been a really powerful lesson in rolling with it.
cant be tempted to sell if you bought in near the ath and are nearly wipes out. at least its a good chance to bring my average cost down
thank you for this, i am going hodl through this but it gets to me the worst when i read the shaming posts about entering in the market at the wrong time.
this is me. we are we . thank yee ! been stacking since feb and honestly feel strong that i can actually breath and separate from the losses now because i believe in the big picture. thankful for reddit communities, all of the info shared and good vibes .only sad it took me so long to just start stacking for myself... and believe in myself. i’m not leaving !!! stacking sats as we tank feels good tbh 🤙🏽
why not hold. it takes time to make good money. never invest to "get rich quick" and you'll be able to hold through the bs
my crypto is not even worth half of what i invested at the moment. i try to keep buying the dips though and just hold.
i bought like 2 weeks before the crash 😬😬
diamond hands are essential🙌🏼💎
i believe in my project. so i'm holding through, even tho my portfolio is -40% atm
it’s like being a toronto maple leafs fan. all promise and hype then come play offs time ghey fucken tank ! you’re so damn mad cause you put down , because you believed they would go all.the.way. yes i am that fool!! the sweater is way in the back of my closet!! but i digress. the markets are doing what the markets do. i’m hoping with this downturn i can take advantage and invest in projects that i believe in long term at a thiscount through dca. i know for myself is quite thisheartening i don’t have a lot of money in it but it still would be nice to see a turnaround; however, one thing i learned about investing that it’s all about patience, and simply riding out the waves. hopefully the end of the year we’ll start moving forward, and not be like leafs...ops tanknation. new. hodl.here. 🤪
thanks homie. i feel like i don’t have a choice but to hold at this point. i did see some gains initially and got in right at the beginning of march. i did try to buy coins that had a real plan and didn’t buy memecoins.
yup! i am hodling through!
i quit drinking in 2020. had to start investing in myself and my future, for once. i got back into crypto. i knew what i was getting into. but i'm a patient person and this red is nothing in the overall picture. glad i'm here.
here!!! bought at 60k. again at 50k and again at 32…… let’s go to 20k now so i can recoup a little lol! will sit on it and keep dcaing in. not concerned for the long run.
bought after the may 23rd correction, and seeing my whole portfolio down 20% is scary. can't even imagine if i had got in a week before that, mad props to all the new to crypto hodlers!
i remember colin talks crypto said how he went thru the last bull run without selling, and i thought, damn if that was me (got in since 2018), i would never do that, but now the market is tanking, and i did not sell the 'top' or plateau? only traded spot now and then, it is weird, i do not have any regrets, been waiting this long anyway, still up so kind of feel nothing really, just still waiting, hodling.
these are the words i needed to hear after losing 💪
if anyone would like someone to blame, it is my mom's fault. the second she invested some money into btc it crashed. the second she invested into eth it also crashed. thinking about turning this into a strategy
having bought in february i was up considerably. however i have just gone into the red. hodl.
hodl to tha grave
i do not give credit. i was stupid and held through 2017's. what for lol? i could have sold and with new knowledge get back in in 2019. not a 10% correction but this sub being mostly inactive. i did go back in then, but it was stupid to also hold my old bags that just pulled me down. there will be a long long bleed, if you want to hodl, ok i respect that, but be smart enough and buy when it is really down. i do not mean now, i mean btc hitting below 20k levels of down. i mean "nobodys talking about crypto anymore" levels of down.
i have no issue with dips but i really don’t think it’s a good look for crypto when these big crashes occur. there is too much volatility for new investors. crypto needs to stand on its own two feet.
please my altcoins go upp
i am down 200k
i bought all various kinds of coins with 50% of the amount i could invest, all at their ath. massively down right now. but... i realised my mistake. got the remaining 50% in usdt, and placed buy orders slightly above the supports of a few fundamentally good coins. lets see when the buy orders get triggered. we're all winning in the long run.
just in my opinion: holding is the only way through. i've only invested in crypto that i believe to be good for long term (eth, ada, btc) and as i see it, financially the worst time to sell your investment is the time when the prices are low. i do not really understand the logic on why on earth i would sell now, when my investment are doing minus profit? i rather wait and sell when they go up. and they will - sooner or later. actually i dont even check my investments daily. only when i am about to put more money in.
holding and buying more 🤷🏻
i sold way early before doge, shiba, and cardano blew up. i’ve taken three l’s and now a fourth one with this massive correction or whatever you called it. regardless of these losses i’m honestly grateful because i finally got into crypto this year and started investing. investing looked intimidating from a non investors perspective that’s why i never tried until doge came. life is giving me the worst before the best, hopefully one day i can look back and see how far i have come!
keep holding. i’m also very new and shiny but history is a look at the future. everyone knew dips would come, history tells us peaks will come again
dropped half my last stim check into btc at 55k. hodling is a way of life.
as a new investor i believe now's a good time to start lowering my average buying price by adding some more.
yep, joined in the crypto fun in april, it is been an interesting learning curve. although i took this advice from someone very early on..."you're actually not down until you sell". that said if i had joined in today, i could have gotten double what i'm holding for the money i've put in so far. anyway paydays coming soon so i'll be buying more dip and averaging out! :) yeehaaaaw. to the moon cryptonauts (someday).
i’m a little annoyed i got in when i did (bought eth at ) but i believe the product will succeed in the long run and this is a good opportunity to buy more in the short. my only real regret is that my funds are too depleted to add significantly on right now (i bought a few hundred dollars more worth yesterday but can’t really add on until i get another few paychecks). ultimately i’d like to lower my average purchase price a good bit more through the dip but it’ll have to stay for awhile for me to be capable of doing so.
started at the end of january. i just figured it was always like this. it'll go up i'm not worried, i just bought some more yesterday
i started investing in february, did a lot of alts and saw some great gains in april. i personally cut the bleed short about mid-may when i saw my portfolio go from +100-150% to +25%. it was a little risky considering the market could have bounced back, but so far it is been a great choice. i moved everything to stables and stablecoin yield farming and have just settled for those returns (some of which have been great, like the 500% apr on the iron finance stablecoin pool, or 100%+ on some polygon dapps while also getting those matic farming gains on aave and curve). i've started dcaing back in this week with both fiat and stablecoins this week, though, and plan to continue to do that. i'm sure it will look dumb in the short term as the market falls, but this is a great time to begin dcaing back in
thats the funny thing! i bought in big in january, and im still p close to breaking even. its only those that bought in the last 5 months that are in loss!
>**many new investors have bought the ath and are still holding on through these crazy times.** one of them. and this has been fucking scary. my profile value has halved since my investment 3 months back (at ath). tried to dca to average out the losses. it did help in the short run. but, today's crash is just brutal.
about 10 years ago i tried playing with the stock market. bought ubisoft a few days before they delayed watch dogs 1, and their stock dropped like 20%. i waited a few years and sold with a 3 digits percent return. this time too, invested just before it crashed, but i'm fine with waiting
i am getting killed. i invested . i was astounded. stupid me, i believed it was what one should expect from the crypto market and was looking forward to larger gains. i now know i fomo'd it. i held. now i'm down to . i'm still hodling. nothing else to do.
so glad i bought and sold before this crash. this china example just shows how volatile this market is. banked out 80k plus and i’m out! it was a good ride. hope you folks made some good decisions for yourselves
d i a m o n d hands!
been investing every month since january, still investing and will keep on doing it for as long as i can.
still buying. you'd be daft not to.
this has been rough, but i knew that going in. i'm still buying low when i can.
i started in dec 2020. 0% panic 100% hodl
too late to sell, not much fiat left to buy. might as well just hodl and accumulate when theres some extra money.
cheers, mate. i joined crypto without fully understanding it and bought at ath in april. dca'd a bit during the bloodbath on may 23 but nothing really prepared me for what happened over the last two days. i'm down 70% and managed to put some spare cash into eth but seeing everything in red is not a good feeling. i'm hoping i feel better about it when i check it in two year's time, the plan is to only hodl for now (checks portfolio and cries).
hodl. that’s it. that’s the strategy that enables you to beat 99.99% of the “smartest” investors in the world. - not a financial advice
it took more than 2 years to come back into the green zone for those who bought in 2018 aths. let's hope it would not take that much time this time, but the correction is still going so nobody can tell...
thank you! it’s difficult to express what you are going through to anyone around because you mostly make a laughing stock of yourself. i’ll dca right to the top of the next wave!
i am the head of a household of 4, with one thisabled child. i made the difficult decision that i would use all of the biden stimulus money on bitcoin during the peak. i believe in bitcoin. but it is sad and thisappointing to see it go lower and lower knowing i could have dollar cost averaged (i didn’t know this back then and never will make that mistake again) or used that money for something else. i have learned a lot and this crash is just part of the experience. i’m excited for the upside because the thrill will be amazing!
i am not selling for a large loss.
lfg, i’m -40% in my portfolio and i keep buying. wgmi boys & girls. the day will come when we get to pamp it again
yaay someone getting me credits
all around me are familiar faces...
bought my first crypto and saw a .
i invested a good chunk of cash starting may 10th. i’ve never once been in the green... hodling strong. the way i look at it, the money is already gone and out of my hands, no point in cashing out now! if it goes back up that’s great, hopefully i see a profit... if not, well… hard lesson learned.
i see this as an opportunity to bring my average purchase cost down. i only regret not having more capital to invest.
it's kindof how i feel with mind medicine. i got in march 2020 when no one cared at all. now there is whole subreddits on it. my personal view is supportive and i'll hodl regardless of what happens. with crypto i can see how those that got in early would feel the exact same way. the problem is many episodes of hype and collapse have occurred in crypto which can be thiscouraging when attracting new people.
thanks man, i did not buy in at the ath of all the coins and tokens but have not seen it this bad in a while. i truly believe in some of the projects, those coins i will hold. if it never recovers, too bad, i have not invested any money i cannot afford to lose. but at least i can say that i invested in projects that imo are truly revolutionary (for me personally that is holochain). the pocket change that went to, but i do not really care about that. those would've failed even if the market was still bullish.
im in because i believe in the technology and its implications for the financial industry. i believe much of the sell off pressure derives from fis selling off because us-financial system is on the brink of collapse. this said, as soon as next paycheck arrives i will buy the dip and consider myself grateful for the possibility to average down. i will continue this indefnitly.
no turning back. i went in long term so this does not worry me. i still see a bigger dip on the way with btc dropping to . so be it.
im just really stubborn and refuse to sell at a loss, i have time and don’t need the money now.
i've put in so much because my friend recommended me to. bought at ath and still holding. ngl i'm pretty butthurt but that is life. might need to sell a kidney soon... haha
kemba would have to dig out. it would be cool for an agent to have their own specialty area and value. crypto communities should target fiat, traditional finance and anti-crypto movements rather than each other. they both love you too. just over 3 horses per dwarf, not that they have filed a lawsuit and got a single 4 star caspar and a nailah. i am your husband for fucks sake. loosen up, do not be mislead.
yep that will be me, bought in january and still holding. dca for me and waiting for next payday to buy some more.
i’m buying what i can afford to lower my average cost. holding so i can eat my moonchips with all these dips i’m buying.
why would i sell at a loss? i came here to make money in the first place. and to make money you should be on green. even if it takes years
i find it weird that "good news" like china banning mining, gets welcomed with the moans and sobs of such a huge drop. i just keep buying the dip. this shit will bounce back.
keep the nosedive going. it's a sale.
i do not have a lot of money but i will continue to hodl and buy in. went from 4k to 1.5k. together we will get back on top!
i started investing back in january and have bought some dips and have bought some ath... at the end of the day, all my btc is going to be a super long hold, maybe even be a "will it to my children" type of an investment. so i am not too concerned on some market dip. instead i see a way to bring my average price down. now it most definitely sucks to see my portfolio worth less than i what i have put in, but i have to keep in mind that this is a marathon i'm running and not a sprint, so just keep chugging along here.
i bought eth (and other coins) at 1800 and took no profits during the 4k, i am def not taking that shit off ledger until its juiced. mean time tho everything looks beautifully priced when i just saw what they could be a few months ago. also learning more about fundamentals during crash not just worried about pump. finally, with the china, i started to do my part and started mining! still a great time to be in the crypto game
since late january i'm in. lots of diversity in my portfolio and was cool seeing all the green through the run. but now i'm borderline regretting not listening to my friends who pulled out and made a buck while i'm less than where i started. i guess i'll just wait it out...
i’m still mad i missed the 160% profits… but thanks?
started pretty much at the peak or slightly before at the end of march. i've thought about giving up and cutting my losses but reassuring voices from around here keep me strong. i was a bit reckless with how i invested which will bite me bit i guess it is a learning process. if i had held onto aome of it and dca over a long period of have been a happier man right now. it's shit but the theory is it will get better
that’s me and buying more...
i'm still holding. not buying yet, i'm not ready to be hurt again.
long way down yet
i appreciate this. i am not well off financially, and my crypto portfolio is down almost i've essentially just written it off in my head -- ignoring it as much as possible. gotta find other ways to add to my income now though to make up for not being able to touch my crypto :/
looking at my doge -75%, yes i bought doge at ath.
i got into crypto earlier this year, i was not really sure how to go about it but for a few months now i've been dcaing, adding £25 every week, and while i'm still down from my peak i feel optimistic about the long term
haha, ya it is kinda a bummer to see the accounts drop back to around where they started earlier in the year. doesn't change my game plan at all though. just going to be investing little by little same as i have been. i have belief in the long term potential.
something i saw on ig: in bull markets, you get more fiat; in bear markets, you get more crypto
i mean, i bought mine at the worst possible level there was. just to get even, i'd need roughly 70% rally from current market levels. and my price is here after i dca'd with almost all the money i could afford. but then again, i'm not here to get even. i'm here for something more. i'll unlock my wallet when my paycheck arrives. till then.
just bought . if there is a time to buy…it’s a time like now 😭
i got into this in february! half whiped out… but hey! i am in this long term.
i bought in during mid march to mid may when i thought . i kind of over invested and have no more fiat anymore. getting through each month is quite a challenge now. but i’m not selling at a loss. i’d rather go homeless.
this! i got into crypto relatively knowledgeable, or so i thought. everytime i saw the big bad red i got scared and lost a little money. now with a little more experience i actually feel good when i see red and i learned to be more patient. this time instead of selling i'll be buying some more.
been hodling through since 2017. it's actually really easy. people just do not trust what they are investing in. sure it is a bumpy road sometimes. just have to keep long term faith in the space. its so much easier to hodl than it is to sell 😅
today’s ath can be tomorrow’s dip. gotta get in sometime and forget about it for awhile
what is the other option? who the fuck is selling at 60% loss?? literally have no choice but to hold
thanks for the reminder. i started in february and i told myself to be prepared for the potential for a multi-year bear market, after looking at cryptos historical patterns. but it can be hard af in the moment to remember that this market has been very kind to longterm holders.
you mean bag holders
yo i used to check my crypto every day to see around 1-2% gains on average a day. decided to chuck some more money in one day, then, the market crashes. i panicked, but that panic didn’t reach the sell button. thank god. i haven’t checked my crypto for around 2 weeks at this point and i couldn’t be happier. just hodl!
thanks, it is definitely not fun to see -35% every day. i'm holding for 5 years though, so i'm just tossing money in, not worried about daily % until we go green.
i bought in a month or so ago. i was trying to get in earlier but figuring out how to navigate banking complicates things. all the different possibilities, finding a wallet. figuring which wallet gives you access to the coins you want. then there are some undesirable coins... they look good on the surface. they sound like the do cool stuff... i ended up getting in. i am up and down but i think the overall approach i am using looks a lot like dollar cost averaging. buy a little at a time and hodl
invested in april, doubled my portfolio…then lost it all. but i’m still holding because i knew about crypto way back in 2016 and never bought anything. i believe in it.
bought high, doubled money! and now less than started. but as i told everyone. “8 figures or none.”
it’s just a massive source of entertainment to me, watching how much i can lose in so very little time, and wondering if it would be quicker to play roulette on one number only
yes, it’s hard but hodling... bought 100.7k and now look what has happened... till now i have invested 300. for the long term.
well you know what they say: you only lose money if you sell… so i’m not selling!
my average before the crash was 46k now it’s 35k. i absolutely have 0 incentive to sell.
i starting investing into cryptos this april, i had no previous investing experience. i honestly got caught up in the euphoria of the bull market and that what got me started. i made small amounts of profit on the way up to the ath, which was exciting. as my interest grew, i entrenched myself in youtube videos, reddit trends and podcasts teaching me about crypto. as a result i was no longer just an investor, i became a believer. then came the market crash. i felt the emotions one feels as profit becomes even, becomes loss, becomes fear. but i told myself the same thing i tell myself today. no revolution was ever met without resistance. and that is truly what i believe this is. today, i have continued to average cost in, i have consolidated into ethereum with an average cost of 2750. i will continue to buy with what i can afford all the way down to the floor and beyond. time is on my side, lower prices mean a lower average and if this is the end of this cycle then i only have more time to to do just that. if smart money thinks they can manipulate me into selling, i got one thing to say. i do not have diamond hands, i have dead man's hands. cause the only way you are taking my coins if by prying open my cold head hands!
just remember: do not tell your family about the markets being so low. everyone's gonna give you a hard time for being reckless. when you're in the green again - then it is fine.
what a rollercoaster! got my first crypto doge for 0.08 sold for 0.4. then got into algo,xrp,vet,ada,qtum. i experienced mayor highs and was dream about “wen lambo” but ofcourse i didn’t sell. now i’m somewhere were i started but with a lot more crypto worth noting atm. lessons learned! didn’t sell ofc because of hodl!
by the way, have you heard that on unownswap you can play games to earn coins? it's just a bomb! i never got early on a true star! well, this has not happened before, but now i've filled my portfolios with !
6.2k btc time when blm was burning america. thank you insurgency believe that was the long btc stump 5k mark feb- july 2020 or 2019 i dont remember but it was that when blm was burning everything. eth was trending 180-220, ltc 50-70$, im still here waiting for uniswap$
that is good to hear considering i moved part of my 401k & my wife is questioning my sanity today , but i truly believe this will, be the new world 🌎 currency... sooooo i am holding on long term.
i started in feb and doubled my investment and then watched it slowly slip into the negative. kicking myself for not taking profits but the taxes seem so crazy on short term
it certainly is evident to all that "investing" in crypto is vastly different from investing in stocks, bonds or currencies. i see no particular market management approach that makes sense regarding btc etc. of course, i'm no expert which is why i keep studying this stuff hoping to figure out some semblance of a strategy besides "buy the dips" and "do not sell ever."
dumb question but, now is the time to buy right?
i'm only down 40%, everything's fine :).
i can feel the impulse in me to get out before it is too late. after a lot of research, i got into great projects, kept buying the dip with any money i had. but even after buying the dip, it is still crashing. i am already down 32%. apart from that, we have a looming ban that can be proposed in my country which is really making me nervous. but i will still hold and keep buying because i am super convicted to a future where crypto will be part of our lives like internet is today. "every dip in the past is a buying opportunity except the one going on right now." i guess we cannot find out the bottom, but what we can do is accumulate as much as possible in these heavy dips.
put 5k into btc at like 59k, i feel nothing anymore 😪
bougt some btc at 40k and then 30k and eth at ! that and crypto (btc and eth and monero at least) are awesome coins and technology!
i just started into crypto about a month or so ago and i can say i’ve lived in poverty all my life and
i have bags from early 2020 and even though i am very much in the green, losing half my portfolio value is still very heart breaking. keep on hodling and let’s make it out together!!
think of it as an asset such as real estate, if you bought a house for 500k and the next day someone offered you 250k would you accept it? keep accumulating more each week or month and ride it out... nfa
automatic payment and forget it. easiest way!
we need miners to exit china in mass. there is a hungry poor country out there that will take the risk and invite crypto and they will reap the benefits. i want nothing more than for china to regret this heavily. i’m so sick of any little bit of china news throwing the market into a death spiral (except for causing great buying opportunities)
crypto is up and downs. if you're scared get out now.
i really do wonder how things will play out. it will be interesting to see if the usual crypto “cycle” repeats itself again, with so many more people wanting to hold their investment for the next run. usually from my experience when average people want in to “make some easy money” that’s the time to get out. but this time everyone believes it will go back up like it did last time, so everyone wants to hold long term or “buy the dip”. will it make it bounce back quicker, or will it cause an even longer winter? see y’all in 1-6 years.
thanks! got 600 invested in different coins which used to be stable ;) holding on to them. they will get back
i cannot go back now, and selling at a loss is not an option. well, it was earlier this year when i just started and i panicked easily lol. even if i'm a few hundred dollars down i'm pretty chill, i'm playing the long game here.
yup been holding since early may link mostly and its down alot but im not phased only have around 600.
i’m down about 85% over the last month now. but i’m holding because i know it will recover and grow in the long run.
they gonna need credit after this
it appears i picked the wrong time but in the end i know way more about crypto then i did a few months ago. i’m down about 50% but i’m lucky i can hodl and actually trying to buy more on the dip. picked up more ada and etherium. also maybe playing doge for the 10-15% moves:)
got into crypto around march . thank you for posting this, needed to hear it today.
just bought another 70! started investing mid april
i am about to buy more. if you believe in your coin you must buy the dips and average down.
i havent sold anything still holding my holdings... the market will rebound...
i bought eth at 3k and 4k, still holding and dcaing when i can.
thank you for the credit you are giving me
you only lose if you sell. when people get greedy, panic. when people panic get greedy. time to buy is now!
it honestly helps by just picking a few projects that you truly believe will be there in 5 years and will continue to do well. this is why i do not even entertain the thought of buying meme coins
that's me, and thanks! i entered at the beginning of may lol.
the weaklings need to get out so we can find a bottom.
i just recommend people to look into the historical data. the charts show it all. this was completely expected. nice thing is 2024 is right around the corner.
hodl. this is the way.
thanks, i needed this. i bought in january and have been buying more each week. still sucks to see red, but i'm holding long term till i see enough green to take some profit.
my bad, liberally bought my first ever eth last week and the day after it started crashing hard.
a lot of love for the new investors in crypto. it’s a tough market but they see the writing on the wall and understand it’s the way of the future. you’ll get some scars along the way, but it’ll pay off long term.
if i sell now its a lose xd. except matic holy crap that has been my saving grace
bought in at 47 and 40k, nothing that would ruin me but enough that i'd be pretty bummed if it all were gone. my trick is to check prices very seldom.
i do not want to live in a world without crypto prominence. so it feels responsible of me to support it with as much money as i financially can. if crypto does not work out, the world is kinda fucked anyway imo. i have a 6 month emergency fund in the bank, and the rest is in bitcoin, ether, ada, and algo (pos is the way). see y'all on mars
2022 will be a great year guaranteed. but not guaranteed.
i bought into bitcoin and eth at ath in may lol gonna be hodling these coin bags for a while
i bought in may but i’ve been buying the dips to get my average down. set my automatic buys today and i’m deleting the apps from my phone. i’ll check back in a few weeks to see how i’m doing and to update my spreadsheet. i know i don’t need one but it’s something that’s therapeutic to me.
how much credit? im down 100% could use a few hundo lol
my girlfriend is still hodling from when she bought etheruem when it was . although its not looking that good right now but she is still up by a lot. me on the other hand, have bought sold cried celebrated all in a span of 6 months and feeling stressed atm lmao.
i started with cfd trading 2 years ago. if the market crashes and you didn’t put stop losses, your money is gone. learned it the hard way. that being said i’m pretty calm right now since i actually own the coins and know they will rise again. i just wish that i waited a bit more to get in 😅
i started at may 8th and my starting investment of . proudly hodling and and staking on binance and still planning to add about
imagine how michael saylor feels lol.
bought a hundred bucks of doge at .02, pulled out some at .07 to buy a steering wheel for my pc, leaving me with about , which peaked at about 110 bucks and is now worth 450ish. i fully recognize that i did not make money through skill or research. i was just lucky. that being said, let us get doge up to 650 bucks so i can be a millionaire with my current 1500ish coins!
i invested very little since i do not make much to begin with. now seeing the very small gains made me happy but even if everything is in reds i still feel happy to be a part of the community. i wouldn't even begin to comprehend how others feel but we all have to start somewhere.
thanks bro. at least bitcoin is cheaper now, so i get more with the same amount of fiat, which is great!
this will be an unpopular opinion and get this mentality is part of the problem. but if you are looking out for yourself, why wouldn't you sell as you see bear market turn and then buy back in when market is at lowest dip? seems like a stronger position than just holding.
down 50k, almost lost everything in fiat value. still hodling every token i bought, have not sold anything and have no plans to sell. yolo
i bought a few months ago. my daughter is 5 months and i used some of the money people had gifted her and put it in into ethereum. it was not a huge sum but interest rates are shit nowadays. i'm planning on not touching it until she is in her 20s so hopefully by then it will be worth something...
i will boycott all chinese products. fcuk winnie the ping
i bought the ath and holding idk if this is a smart move or not
the fuck do i have to lose at this point. most of its already gone. might as well sit tight.
right now i’m just above breaking even. down 66% from ath tho. not worried at all because i invested safely.
wouldn’t it be better to sell near a speculative peek to buy back at these prices though? don’t have to time the top exact but for example i sold eth at ... i’m all for holding too but dang seems like you’d limit your goals by always holding.
3g? did you get credit for the emolga?
doesnt budge me considering i am holding cardano which i know is a very good coin and i very much like it and all of the idea behind it. in fact, i want it to bleed more so i can have more time to grind some bucks, toss it into , and wait for my moon. i mean, it would have been more nice if i had positioned myself to the bottom of this great dip, but it is what is. so im just averaging down to the floor. so easy to hold if youre confident with your holding. 😉
got into crypto in march this year…. made 60x on safemoon then thistributed all to other cryptos that now crashed. so i’ll have to pay tax on exchanging cryptos in the us 😬 hey, at least whatever is left in my portfolio can cover it 😂
i got in when btc was at 45k and yolod into crypto, living pay cheque to paycheque. idc the price, i'm dcaing for 5 years
i’m finally in the red with most my cryptos, but idc. the money i invested was money i was going to blow on nonsense. so i’m not hurting at all. just be patient.
i do believe caring for these charts on everyday basics is more traumatizing than relief of taking profits from it. i hate when i play on some coins and have to constantly refresh app
nice my friend, i m new, you are my lighthouse
thank you. started investing in the bull market. i am in this for the long haul, though.
thanks, i'm looking at doubling my investment so that i average down... no idea what i'm doing but i think that makes sense
i saw my , now into . it'll go past . can't let them squiggle graphs freak me out :-)
it is a shit show, but there is opportunity here for the long term. do dollar cost averaging, buying throught the dip, just money you can afford to lose, and i think we will all come out fine over the next 2-3 years.
great time to buy!
i said goodbye to what i put in for the next 2 years at least
cause porn subs do not scare off investors.
i was consistently buying through this year. i made some profits with btc and eth, i made some losses with rug-pulls too. it’s been a roller coaster, but i wanna keep sliding. i’m here for the long run.
i feel like i'm on a crappy 80s movie about game show, so i have to put up with a bunch tomfoolery, but i win and get the girl to take her glasses off in the end.
i put in some of my eth into another coin, saw my portfolio jump to record highs and then half of it vanished in may. at first, i was quite terrified of what was happening, but i'm gonna keep holding. i'm just glad these dips do not have a big mental impact on me as stocks would previously. i am really loving this crypto game so far and i cannot wait until i have more money to start investing in the market again.
this is my first bullrun, i started in february, sold everything around 60k and bought a little bit around 47k. i havent sold with a loss and i am not planning to do so ever. this sub helped me a lot, mostly because i only invested money i can afford to lose. the fraudulent monetary system of today needs to go. i strongly believe crypto will be the replacement.
seeing some big green candles!
i’m in this boat. bought a gaming rig to mine eth and been doing that for a few months now. bought some btc at 55.8 and got in trouble from the wife. then thought a good dip was 45.8 so bought more there. then thought another good dip was 35.8 so bought there. now i’m hodling btc and waiting for next month to budget buy. also hodling ada and digibyte. just keeps getting more red right now so hope i can take advantage of the bear market here. part of me hope it lasts long enough that i can dca down nicely but the other part of me says i’ve spent enough. it’s a real internal battle.
i bought btc at 60k and eth at 3300 lmao
always invest money you willing to lose
it hurts a bit
that's me :) it is pretty bad looking at my portfolio, so now i do not. it's lessened my stress overall and it still gives me the ability to dca in. i only allow for checking the markets once a day, after that it is just regular scheduled programming!
i'm not selling because i know as soon as i sell, my coins will do a 3x. i'm sorry guys, but i am not missing out!
just got really into crypto this year and it is been hectic. i've been putting like a few hundred of dollars every paycheck. my job does not pay me well and i need to use most of my paycheck for bills and college, so investing has been a challenge. it's been really tough but i believe that crypto is going to be a mainstay in the coming years and i've been putting money into my favorite coins and staking the coins i've been able to. i'm still optimistic about crypto despite the crashes and my buddies telling me it am not worth it after each crash,
thanks my man, i'm down 66% from ath profits so i'm here to ride out the storm with everyone else.
i've constantly had to tell myself "if you do not sell, you would not take a loss." much easier said than done, i know, but the likelihood the big coins go to zero is very minimal. just as long as you do not have cash that you depend on tied up during what can be a long bear season. and understand that some of the alts may never recover (i'm looking at you, poe). i personally got in in jan of 2018, and 2020 was the first time my portfolio was green. it was definitely exhausting mentally, but i found myself doing research and learning about new coins to pass the time. then, for a while, i just did not think about it anymore. hang in there, and make informed decisions based on your own situation. i love to see everyone holding steadfast and riding it out, but i'll also never knock someone for getting out of it. it's all about what you can handle, both financially and mentally. stay healthy everyone.
you're giving me credit? how much? ? ? cool, i'm going to buy some more bitcoin, i'll pay you back when we hit 100k.
i'm down over 50% of my investments but i'm not selling.
i have about 0.1 btc average price … on the bright side i have 0.1 btc!!!
i'm still around 300% in profits since i started in february, but down about 70% since around 20th may. send help and prayers.
i chose to cut some weaker positions at a loss and repay my loans. got a little over zealous as a new person but those mistakes are not gonna kill me. got my btc and a handful of strong alts secured and earning interest, i'm just focused on earning fiat and meeting financial obligations. i think this will end up being more beneficial as a newcomer than continued exponential growth when i had relatively small coin holdings. will continue to dca even if we are entering a prolonged bear market, my cost of living is low and i prefer saving to spending... these hands are strong
i bought eth ,000 and btc ,000, and i didn’t sell, i bought the dip. this is the way
thanks. now give me my credit
i’m 19, bought in eth around 2k with about 1.5k (damn near all my savings ) and i’ve been sideways for a month. i just keep dcaing, once you do the dd on these projects you know it’s worth holding.
i stayed in, but moved everything from my alts to eth. i just felt that eth would lose less and bounce back quicker.
can someone explain what the fuck is going on with the market ???
you only lose if you sell, keep hold of those coins.
i'm less than 6 months in. started with daytrading, chasing moonshots, but noticed that did not make me money. sold many and went for a decent portfolio. started dca, looked into staking. all fine, saw green everyday, made up my losses and profit. everything started to drop, my profit thisappeared but still had my investment. i saw it as a big sale and dca my budget feeling lucky. but it kept dropping. that hurts. i'm down around 50% now. i know times will change but still i have this voice in my head saying 'you could have had 1 eth if you saved your money'. i now split my budget and dca twice a month. i bought yesterday, for what i thought was a great price, but it is all worth even less now. i'll buy again in two weeks and hope for better times. i know it will come, just do not know why.
i bought in after a few months of convincing from my brother. first purchase was btc . i’ve made many mistakes since then, but ultimately i have held and will continue to hodl. at first it sucked, because i had misguided expectations of pulling out and using that sweet roi this summer. now after getting more familiarized in the space i am planning on hodling pos assets, staking them and dcaing more during accumulation phases. instead of having a 6 mo plan when i started in march, i now have a 5 year and a 10 year plan.
i got in .42c with 10 bucks. mined in a pool for a few days and got it up to 50 bucks. saw it ramp to .70c pre snl, and sold due to fud from silbert. after that, i saw that i knew nothing, so stayed out of the market to study. now, i am just waiting to buy back in and consolidating my strategy for the next few years. i see this posts about hodling, but that ticks me. holding is a nice strategy for 3+ years. and then, you should take profits, otherwise, why the hell are you putting your money here? btc i get, since it is shaping up to be a nice store of value, but alts are majorly just gambling for now. this market is booming cause a 1y profit on the regular you get here in 1 day. so, watch yourself, dyor and do not get holding bags that you need the money in your real day-to-day. only put in fat money, not essential.
thanks for the little pick me up! i got in right after the ath’s, bought a decent amount of eth and it glitched and bought the amount 4 times instead of one... eth was around 3900. i decided fuck it, guess i’m going big, and have been putting money in since. i’m addicted now to learning! this whole experience has been so cool so far and i’ve learned from many mistakes. i’ve had a pile of cash as “savings” just sitting around so it’s not money i’ll miss in the near future. i am, however, already 36 so i’m hoping i don’t have to wait 5+ years to see green again!
hands are diamond af. it helps when you don’t really give a shit about money.
i lucked out with my buys (dot at 7$, cardano in the 50cents ish and some others) and staked most of it, i’m just gonna chill on it and see what happens. i sat through gme, i can sit through a bunch of olds bickering about how to regulate crypto.
i got in and my first week made %20 on top of my original investment and thought this ain’t all that bad ive time this purchase very well and have since dropped significantly over all investments, but i’ve got faith and i’ll keep holding on and buying dips to ride it back up.
i'm not someone who can buy a full bitcoin at one go, but i'm buying pieces of one while it is low like this and hoping to ride the wave up when it goes back up. even if itll only be a small amount for me.
i’m still up by ’s green for me, will continue to hold no matter what.
i’m just not looking and pretending everything is fine
the real challenge to hodl comes when it resurfaces near or over the level at which major bag holders enter. if you sell at that point you lost all the reason to hodl
i bought in with a decent chunk of change for myself. but figured i was investing long term anyways. hope it comes back and goes past my entry point. (eth mainly.) i’m not worried though. i still dca here and there along the way.
i bought my first crypto in january (link 16€) and started stacking coins since then. i don’t get how people get so stressed about this all thing, i even invested what i consider a “big” amount of money and don’t feel stressed at all even now. i mean, it’s crypto. you should already know what you are going through. just don’t think about it.
that's me! bought eth, btc and matic, i think i'm about breaking even at this point, as i got in early enough with btc and eth. just! ' eh, it will go up or it will go down. eventually it will have been worth it!
it's been tough. i started consistently buying eth and btc since december 2020, and ada recently. lately, i've trying to "catch the dip", but the dip keeps on dipping. it's been harder to pull courage to buy thinking that in a few days it might be cheaper. but one thing i see in these last months is that the dips do not last forever, and when it takes off it goes fast.
if you do not need the money that you invested, hold. if you need the money, that is your decision, a very difficult one. if your portfolio is full of meme coins and shitcoins, it is a lesson that you learn. probably most of them would not come to ath. invest in good projects, not in 100x moonshot shit.
hold tight guys i got in just before the last bear crash and was 80% plus down on most coins through the prolonged bear. accumulated eth when it was at its lowest and even though my portfolio is now down 60% from ath i am still x10 up from initial investment! zoom out, zone out and hold, you will be rewarded, rome wasn’t built in a day
50 % and still kicking high !
i bought in early may right at the peak. had the perfect plan! buy now be a little “richer “ each week keep working hard and not touch my investment till at least 5 years from now. is all working out so far, minus the “ be a little richer each week”
i bought in end of january completely unaware it was mid-bull run lol. prices have pretty much returned to the point where i initially bought in, of course i bought all the way up so i’m deep in the red right now. oh well, get what i can afford and hope it all comes back at some point
been here since the end of feb. i'm down about 50% including max profit i made. i'm not worried anymore, was worried in april which gave me a bag night sleep but now i'm not worried at all. just sad that i spent some money yesterday instead of today. :)
my portfolio has gone from 200% gain to a 4% gain. basically only green because of doge and etc. i’ve almost doubled my initial investment on this dip. my top 4 picks for the long term: btc, eth, ada, and atom. just got some btc at 29,100. pumped
i am a new investor, and i firmly believe in not selling for a 50% loss :)
i feel bad for them lol
i'm down 52%. wasn't planning on doing a long hold, but what can you do.
i started invoosting around december. only put in what i knew i could lose to afford. wasn't expecting to get rich quick but if i can make a car payment or two or even make enough to go on a nice little vacation then i would consider that a win.
my first step into crypto was buying doge at .65 on robinhood…... i must say my heart is kinda in my throat right now, but i’m not going to sell. i do believe it will bounce back at some point so it would be insane to sell at this point. i probably invested more than i should have and it would hurt if i’d end up losing it all, but it won’t bankrupt me. i kind of wish i wouldn’t have invested anything until now, but hindsight is perfect.
honestly... it you really invested what you could afford to lose then it is not hard holding through whatever. i've pretended the money does not exist and that it was a fun little hobby and that way i can get on with life and come back in a few years and see where i'm at then.
i'm new and holding thru the pain! i seriously believe in crypto but i definitely bought way too many altcoins early on. i wish i had taken alt profits and consolidated into larger cap coins. i do not want to sell my alts at a loss, but i just do not want the coins if i cannot remember why i bought them or what they do
i want to buy more but i'm out of spare money. how do you guys continue buying the dips? i'm dcaing little each month but i'm pretty sure the prices will go up wen it is time for me to buy again which sucks wish i had plenty cash lying around for buying the dips today.
i bought my first crypto near the ath. the sentiment was "it's not too late" and "time in the marker is better then timing the market".
money stopped making sense a few months ago. all i think now is to keep investing small amounts through the bear market, and recognise for what it is - a risky, volatile asset that has potential high rewards and may dwarf all my other investments. its silly at a young age to play it too safe on everything, so the 3am drunk yolos into crypto will continue for now
hey, that is me!
i have no choice lol.
i bought a couple weeks before the fall, it was great seeing the money rising by having it somewhere instead of having to work my ass off but it was only a brief bliss. anyway here we are, the ones that are really holding with 30% losses being confident in cryptocurrencies and hopping that it gets better soon, although i'll be holding for a long time even if it raises. 💎💎
holding. this is at least a 10 year thing for me.
people wanted a buy opportunity, and here it is. this might be the last time we get a correction like this. and to the holders, i salute you! just keep buying, and only with money you do not need for daily expenses!
i bought in in march. got to celebrate through the ethereum boom but now have to suffer through the market crash... i have strong confidence in crypto and if i did not i wouldn't have invested in the first place.
thanks! i started investing in cryptocurrencies a month ago. i invested on 20^(th) may 2021. so far i've seen losses but invested more during multiple dips (or at least what i thought were dips). so far, i"m at a 35% loss overall. i am not selling because i want to see what will really happen when this is over and the prices start going up. i followed the advice of people and only invested what i could afford throughout the month and i will keep investing. i just look at my portfolio every hour and get thisappointed. but i will never sell and only invest for at least a year. i'm not withdrawing a penny before one year is passed.
i also salute anyone who invests in a project regardless of its current price. but in my experience those "hodlers" who bought in 2021 are mostly fomoing and will bail out if the market recovers. at least that is what the people i've met told me (i've talked with around 20 people who first bought within 2021)
to be honest, i got into crypto in feb and have been dcaing in ever since. i first got into trading in jan with gme and amc and was immediately down 50% in feb on those so i am used to these drops already. i'm a nerd, i understand blockchain and what its capable of to the point where i am certain it is the future but most people do not see it yet because of the technical knowledge of both computers and trading that you need to fully see it. gonna dca in until my bday 2025 when i will be 25, then ill start taking profits from 4 years of growth. in the meantime i am just gonna vibe.
i bought my first coin in mid february this year. kept buying here and there but i was planning on holding for years, 2025 minimum unless something crazy happened. i wasnt really sure what to do seeing everything reach new aths over and over. i learned a valuable lesson about taking profits, but a little too late. my original plan hasnt changed, but what a crazy ass rollercoaster to jump on. i've enjoyed learning about crypto and still feel like i do not understand any of it. time and patience and continuing to learn a bit more everyday. cheers to 2025 (hopefully?) and reducing my average cost per coin over the coming bear cycle.
it helps your mental state to take profit. taking money out does not mean you never go back in. the whole point of crypto is that its decentralized, making it more volatile than stocks. gotta take advantage of volatility. buy the dips, sell for profit, speculate.
“january 2021 1st time crypto buyer” checking in. just bought some more yesterday. i got nothing but time on my side.
don’t have too much invested but haven’t sold a thing and don’t intend to. will be putting more fiat in if the market stays like this in fact.
i gained and lost 500k because i'm certain i'm gonna make a million dollars at least
i almost feel like ive been indoctrinated. i bought for the first time in jan so most of my investments are in the green over all (for now), but down from like 400% roi to like 60-70%. but im actually sitting here hoping for it to continue crashing another 50-70% so i can buy more. it’s a sickness...
holding since 2016... what a bad joke
you cannot lose or gain for that matter unless you sell.
yeah, this is rough. i’m trying to mentally write off the 5k loss from my “crypto seems like a decent investment at the moment” amateur moves and move on to a year from now when maybe i’ll be up enough to pull out whatever remains and not feel like a total idiot. oops.
i first bought 57k and thought i was going to be in a corner crying my losses from that thing. a few days after that and learning about dca, i'm happy everyday seeing my stakes going up! 1 btc
i sold at the top. you should have done the same.
i give them paper towels...
started i’m crypto january 2021, it makes it a lot easier when you’ve got a long term vision and have used money you don’t need any time soon
i have the luxury of having just enough money in it at the right times (via dcaing) to not be at a huge loss. honestly, i get excited as it goes down, because when i buy my usual dollar amount, the crypto amount i get in return is higher!
to infinity or 0
yeah i bought in at 18,000. highest dca was 50,000 something. my portfolio get below 1000 for the first time today. all i can think of is i wish i had more money right now to buy in!!!!!
got lucky of doge now it is time to hodl my non dogecoins, i see how it can be a scary ride though.
the ‘i bought ath 2017’ ppl are passé and irrelevant. make us proud with your hodl skills ‘i bought ath 2021’ ppl
it helps when you know you’re in the red but not by how much. i buy my coins thru coinbase pro. they don’t do cost basis tracking or anything (none that i’m aware of at least). what am i doing instead? i’ve read time and again that riches are to be made in bear markets. i’m doubling down once the dust settles (i’ve been catching the falling knife all week). i’ve noticed like clockwork over the past several days that crypto dumps in the morning at my local time. whomever is mass selling off right now is on a schedule and didn’t do it in one fell swoop. i got into crypto around january so i rode this entire wave up and down. i had no intentions of selling this year due to the long term capital gains tax anyway.
i was up almost ,000 at one point with the various crypto i bought, i'm still up a little bit, but have no plans to sell. i'm still kicking myself for laughing off bitcoin when it was 8 cents...
this might be a dumb question but should one sell of their crypto they bought at a higher price and rebuy the dip? i’ve just been both holding and buying the dip.
bought 10k at the peak. it's not worth it to sell now.
my very first crypto investment, ada at .3 sth i believe. crashed the next day, lol 😂 i’m sure it’ll go up once i sell.
got in with doge. got out with profit. reinvested in some good coins. i'm good. i'll hodl for years if i have to.
what about those who got in and survived 2 bull! it's been tough af
that would be me, thank you
i bought a whole eth at 3729.00 and am still holding. ugh! got into crypto right before the crash. it is very thisheartening.
i'm not panicking but what is happening to crypto right now? is there an explanation for like the biggest crash in forever or something? i'm just gonna hold because i do not believe crypto can really die, just having its dips like everything else but everytime i think the dip has gotten too low it gets lower. bitcoin is down at least 30000, that is crazy.
i’m definitely one of those, but i believe in the potential and the future of it so will happily hold through this. just wish i would have spread my initial spending out a little bit more. live and learn though
i got in around march so it’s been quite a ride. fortunately i decided to put in weekly amounts rather than a lump sum. i’ll dca my way to wealth someday!
pro-tip from new investor. buy and forgot. i cannot even remember if i'm up or down but it does not matter because i forgot to check.
can confirm, bailed out the first-time years ago and learned my lesson so i will not bail out this time. i'm doubling down on dips and will just keep knocking the average down.
i'm just gonna take everyone's advice and forget about my investments, at least for a year or so. checking the charts everyday has been...not fun
im in this post
this is good crypto experience! and will reward those who stay the course. let’s get some callouses community!
i’m just in to see cryptocurrency destroyed. this chaos can’t lead to anything good, hasn’t! and most of the time y’all surprise me… so sit it in my lap
can’t lose if you don’t sell at a loss. guess i’ll just hold.
i just remember why i bought in the first place. crypto is the future. prices will be back and beyond.
thanks! started investing in crypto mid april, so i have seen some profits, but they are all gone. and now i'm down 50% from my investment. i'm not selling, but i will do my monthly dca and hold for a while. we will see what the future brings, but i sure hope it will start with p and end with rofits...
it is those that hold (even part of their stacks) that keep everything from completely tanking.
i did not invest heavily, only about , it is worth about . no point in selling right now though. if i lose it all it is , which sucks, but would not cripple my finances or anything. if i leave it i may at least recoup my investment or even turn a profit in a year or so. crypto should not be the primary investment in anyone's portfolio right now.
when i bought i believed in the future of crypto... nothing has really changed except the price. i did not expect to get rich in a few months. planned to hold for years minimum.
i kept avoiding crypto thinking it was a fad until a friend pointed out to me that i sounded like an old man talking about the internet when we were kids after eth hit 3k. i did not jump on tsla when i had a bunch of people telling me to invest (at ... i went with bynds ipo), i did not jump on bitcoin when people were telling me to buy it and mine it 10 years ago, i've just let this stuff pass. so i said, fuck it, thinking in 10 years some of the more interesting coins could be worth a few thousand each. spent 50 here, 50 there, bought a few thousand in eth when it was 3.5k... woke up this morning to see my portfolio 50% down. fuck it though, i cannot see this as permanent because real businesses are investing in crypto. just like back in the day when they said amazon was nothing but a computer in a building somewhere here we are.
thanks and this is why i come to reddit. tbh things are a bit scary now.
i'm down 5k from ath but excited because it means i can buy more eth
as one of these diamond handed crypto holders can i just ask: are we (the world) still doing this crypto thing or? seems more and more every day like it is a fad i jumped in on at the end of. i'm not going to sell low, but i also wonder if i'm just going to be holding an empty bag in a few months.
i had like one green month and made a plus of maybe 30%. now it is a loss of about 50%. i do not really need the money so i'm holding. would've probably been better to sell with a loss and then rebuy when it is like 90% down but i cannot really be arsed. it's an interesting experience for sure.
i gotta give vlad credit. his fuck job in january taught a bunch of us newbies how to diamond hand.
thanks bro. cliche alert: but i believe in the future of it. being down 53% sucks rn, but i’m here for a long time not a good time. ✊🏻
now 60percent down, no choice but to hold. will loose it all or make good gains on the bounce back.!🤞
i joined the market at about the end of january, and was going great, over doubled my investment, but took no profits and today was the first time i dipped into making a loss. i know i’m much luckier than most who bought the top and are down 50%, but i’m still holding, even if it takes 4 years and he next bull market to bring me into profit again
got in about 1 week ago. bit sad start for crypto journey. holding these cryptocoins to long time. 2008 i made mistake with buy high and sell low with stocks. few years late i checked charts and if i had just hold the stocks. i would had tripled my money.
i began investing in late 2019 so this is the biggest negative i’ve ever seen in crypto. just gotta remember how the halving felt and stack for a couple more years!
i started with about 1k in march, went up to 1,6k and am now at about 600. but i always saw this as longterm investment. i really do belive that a decentralized finance sector is our chance to a slightly better future.
do not use crypto.com. account was hacked and .com refuses reimbursement or to provide any assistance.
i'm hodling and accumulating. need to mine more fiat asap.
smart thing to do is wait honestly. a lot of us got in when it was constantly going up. it cannot always be like that. but markets have cycles. i think crypto cycles might end up being faster and more rapid than the stock market cycles. i think if you're in the red either buy more or wait it out. i bought more. i'm waiting several years to pull out of the market anyway.
i got in in late january. i'll keep holding because now i see the value in bear markets. i'll be loading up when the market bottoms out.
i was trying so hard to get my cousins in for over a year. they finally decided to get in on the 18th of may 🤦‍♂️ crazy. i tell them frequently if you hold through this, you are one of us. they are convinced and holding both. but the timing is insane. right at the very top.
bought in april, first time into crypto. i've learned a lot, mainly its not a loss till i sell
it’s easy to hold if you understand the fundamentals of your investment
finally started to accumulate eth and it starts going south what. lucky i have held a certain meme stock from -’m never letting go of eth. tempted to get more even ahaha
my savings are decreasing, but so is my cost-average which i see as nothing but a positive
this is me! but i'm here for the long term so i'm just accumulating now.
just a little [motivational](
bought some bitcoin, quite a bit of ethereum and some cardano in march and i am way down right now but i am not going to sell because it will ultimately go back up... sooner or later.
i'm on this table
i'm just keeping my eye on 2030.
hey, i appreciate this post i came in crypto at the ath and i’m now looking at my portfolio free falling to -50%. yes i knew of the high volatility, but i wasn’t expecting the entire market to go on a dive a soon as i stepped in. anyway i still believe in crypto will ultimately prevail over fiat money, the benefit of crypto are just undeniable so i just sit back and wait for the rest of the world to come around.
checking in! ironically, i'd still be up if i had just lump summed in earlier this year instead of dca... also, it helps that coinbase does not show you your losses or gains, lol.
i bought in early january and have basically not gained. just waiting for the next bull run and then hold until i've met my goal.
as the dip continues, i’ve been buying. i eat fud.
i just keep buying more
i was actually scared af seeing it go down so much and stuck at 30% of what i bought it at, but yall made me not worry and just chill and wait. i just got into buying crypto but this subreddit has helped a lot 🥰
it sucks to see your portfolio value dwindle day by day however there’s no other way ‘round it, if you want to see those sweet profits you gotta hodl like a champ. that’s why one doesn’t invest more than one can afford to lose.
we have no fucking choice, other than hodl!
started to buy crypto in december 20 and hodling is my religion now. btc or any crypto may fall to zero but i’m not selling.
got hyped and invested into crypto the last 3 months and put a little more than i should have lol but i’m down like 60%. nonetheless i’m gonna keep holding cause i did plan on holding for 1-3 years. for now i’m just gonna chill out and not check my portfolio as often.
thank you. i need this
i’ve been in since january. had a couple nice and green months but now i’m trying to dca on the way down
thanks for the encouragement. i got back this year in after bailing in 2018. april was a good month! even may! my business is crashing, my fiat is on fire, and these markets- ay yay! but if i’ve learned anything from all forms of investing strategies (as exemplified here) don’t react… respond. my response is to breathe and look at the super long term. we’ll get through this. the worst case scenario is rarely ever the reality.
bought high in january. been buying since. still buying today. i’ll make my judgement about whether this was a good or bad idea in 2030.
thanks man, i bought in march. doubled my bag in april. now just hodling and dcaing to lower my average and we’ll see. happy to not take profits for a couple years.
i put in a recurring buy order at the 15th of each month for eth and ada. somehow my order got fill when the price was spiked up not when it dip 🙄
yeah, i started back in january. i'm ~25% down, but it is ok. i plan on accumulating trough dca some more. the veterans warned us about this and i really took notice of their experience, so i was mentally prepared for this and for even lower prices, which is perfectly posible may happen. today i heard two persons saying crypto is dead, which does not make sense for me. the potential is there, this is just a market cycle, something every market experiences from time to time. nothing has changed in my mind besides the fact that prices are going down. but again, it is just a market cycle. i'm poor and i hate it. i'm working hard to get ahead on life and i believe crypto can help me in achieving it. of course i prefer projects with real life implementations and that is what i invest into. invest with a cold head and remember that hodl is more than a meme. you need to be patient and give it time. best luck for all!
i doubled my money in 07, only fair i get burnt in 2021! will lower my average buy price as we go down anyway, thankfully i did not chuck all my money in, as tempting as it was!
i have put 2 month’s salary worth in crypto knowing that it can go to zero and if it doesn’t pay off (50 folds or more) i’ll watch my portfolio goes to zero. i got in in march 2021 for that target, life changing money. if my investment fails, my lifestyle will not get effected negatively. however if it pays off, i will afford a house with maybe some leftover. so yeah i don’t care about today’s price. i believe in the tech even though i’m not in crypto for the tech but i won’t miss such opportunity for the world. the potential is huge and i still think that a 500x roi is possible.
it's really crazy out there, profuse bleeding in the market. this reminds me of 2017 and i was wiser this time. i bought btc ada, which i sold all, hoping to buy and accumulate in the dip. but the fud is staggering, so i opted for yla, i realized i can deposit and save 98% on gas, earn in stable apy with diversified risk in 5 interest yielding vault, with 6 stablecoins. i think that is all i need to do for now. well ,new investors with lion heart can buy and hold.
yep. i got in around march. the gains were unreal. now i’m down a lot. o well, i believe in blockchain technology.
i'm down 50%. literally cannot afford to sell at this kind of loss
gtfo while you can
first purchase was march 27th. bought more the last dip and excited for this one to fatten up my bags some more. im in the the long haul.
new here. hdoling for dear life! but i also invested in coins i believe in.
yup that’s me. god damn roller coaster. good thing i put in only what i was willing to lose. i also chant to myself pretty regularly that you don’t lose or gain anything until you pull it out. sooooooo
with prices way lower than they’ve been for awhile, i’m curious what alt coin people think is criminally under valued? i’m adding btc and eth but also want to add more to either xrp vet matic dot ada. which one should i add to next and why?
if you “believe crypto is the future”, wouldn’t you be spending it like currency as intended, instead of “hodling” in the hopes value will rise (ie speculating)?
bought my first coins in the big may dip when btc was around 37k. even that is down now. i've got no choice but to hold on, have i? as a matter of fact i'm currently waiting for my fiat to arrive at the excange for this amazing dca opportunity. i refuse to sell at a loss even if it takes years. it's just a bad deal and i would not have it. for that reason, it is easy to not sell.
my investment is down nearly 40%, but i have not lost anything yet. if you do not sell you do not lose. it'll eventually recover, and until it does i dca every so often when i have a little extra fiat i can afford to stash in crypto. got a coworker who put a little bit of money into eth and sold it 10 minutes later as he saw eth (as a whole) drop . dude invested . told him he should not be investing in crypto after i heard that. he still does those little buys and immediately sells after seeing a tiny drop.
i’ve been numb to existence for a while now. investing in crypto hasn’t changed that. do i avoid looking at coinbase? do i treat it like the plague? yes, yes i do.
bought some eth about three weeks before it went to its ath so i had about a 40% profit. and now i'm at about 30% loss compared to when i bought. but still i hodl.
much appreciated, got in mid february and my portfolio way down. good thing is i believe in this long term so have been just keeping myself busy, not checking it anywhere as near as much as i used too. feeling good
i'm one of these guys just starting out, jumping in on this dip. i'm buying . i feel like there is going to be a huge turning point once paypal allows bitcoin transfers between accounts. i have avoided getting into crypto to this point because i do not trust the exchanges. trusting paypal may turn out to be a huge mistake, but the brand name got me in this market, and they have the power to bring bitcoin into the mainstream. once joe public can pay the babysitter with bitcoin, everything changes.
i'm holding on for dear life boys. i'm hoping that it will pay off in time.
thanks for the kind words. i bought almost at ath but i do not regret a single push of the buy button. it got me into the projects and it is amazing. i just do my monthly dca and i'm very confident it will pay in the long run.
i’m just buying more chainlink.
i'm using this time to dca down. when i started investing in crypto i told myself that is what i'd do, and i'm sticking to the plan (for now, lol). i have buy limits set at certain price points so i do not spend all my time watching the swings.
bought some eth when it was over 2.2k. dipped 2 weeks later to under 1.5k. no problem, i just bought more at a thiscount!
holding, what about buying? this is great
thanks bro😎 i’m hodling forever
i'm one of those people! got started at the ath now look at us :( brutal. still hodling.
yep it definitely hurts. i've never been green, i'm down 50% at the moment. here's hoping we crawl back and get into the green before too long.
as a new investor all i can say is i’m tripping! but i’m holding strong, no idea how!
got in in november last year and watch things go nuts. never took any profits and held through the lot. sat and watched everything bleed out over the past few weeks. just hodling. no way i’m selling at a loss. plus, i got airdropped ’m enjoying that little bit of green through staking and lp. highly recommend [this exchange ]( (desktop only, for now) ⚛️🧪💪🧪⚛️ yeah, if this market could turn tail and head back up, that’d be great . . . 🚀
i feel like a clown for having invested a good chunk of change when it was at 63. i have learned to just dca from this experience, but man did it hurt!
i bought eth, bat, polka, and stellar at the start of last month(ish) and i went from 130€ to currently 87€. i think leaving right now could hurt me more than buying since it is kinda dipping. if i get out, it will be when i profit.
been averaging down since buying some at ath when my imaginery alarms go off. just grabbed some sales now. almost 50% down so far!
i bought in for the first time maybe 4 months ago, it was always a long term thing. i wasn’t excited by the money i could make in 6 months, i was annoyed i’d missed the prices 6 months previous. looks like keeping my interest in crypto could pay off soon, as someone who wants to accumulate lots more this could be my time to thrive
all the more reason to not over leverage and dca. i'm dollar cost averaging weekly on coinbase for algo. i bought a lot at the top but it helps lessen the blow when you know you're also buying more when it is low.
i entered like ~3m ago, shortly after the aths. manage to day trade for a week and get some gaines purely on beginners luck i think. when the dips started i put all of it into crypto. since then i’m dca, loading up my bags. gonna stay in cryptoworld for a looong time and hodl. time of the patient and 💎 🙌 will come.
i bought when everything was right at this level (or slightly higher) earlier this year. looking forward to the long term hold. told my wife that it sucks now, but in a few years we will thank each other for this.
im down 10 grand and trying to cut my losses only burries me down further. no choice. that said, acceptance is a powerful thing. im find hodling now, grown my crypto sea legs.
i started in january and i'm really excited for the future! it's been a rollercoaster so far, up and down but always fun.
holding through this? ridiculous, it the perfect time to buy more, not just hold!
i bought in when they were not even four cents watch them go up to 60 cents did not sell why the hell would i sell now!
everyday i just tell myself it is a sale and get more.
first bitcoin purchase price: 60634 most recent bitcoin purchase: 29980 hurts so good
learned quick, buying rn
oh hey thats me. i just bought into it a couple months ago and now its tanked haha
thanks. bought ada at its highs a couple times this year, clearly not expecting this to happen. but it’s fine. gonna have to recover at some point. didn’t even take a gnarly hit either. and i’ll still buy now at this point xd
great encouragement, some people have survived the 2017 crash, and they are greatly rewarded this past bull run. if you are committed to believing that crypto is the future, never hesitate to hold your investments and wait for the long term.
appreciate this. i got in the last week in april. that was the only green week i've had. still buying. still hodling.
ngl the fact that i bought xrp at 20 cents back in february is helping a lot
got into crypto in february... majority of purchase are in early april... still holding strong and buying the dip.
my take is that crypto is not the future. it does what it does, and it is not going to get much better or widely adopted than it already is. i like to have a portion of my portfolio allocated to crypto for diversification. people would have adopted the 'use' of crypto a long time ago if they ever were going to. they're not going to. it's still useful as a volatility harvester in a portfolio though so i will continue to buy the dip and sell the tops as i rebalance within a relatively narrow % band. basically, the real "use" of crypto is what it is today, and that is as a portfolio diversifier, like gold. a non productive, useless thing, with a few tangential but mostly insignificant side uses. the primary use case is volatility. from that perspective, i like altcoins much more than bitcoin, because they are more volatile.
i figured i might just switch from paying into savings to buying crypto. will have to wait a while, but a big chance of jumping up
i did not hear a bell!
i am one of these, i am still buying even with my current losses. i am also keeping a paper record of each transaction because if or when this all goes up,up,up, i will be able to say i did it.
definitely did not buy the top, but have been buying since february and this week i finally dropped down to a negative on my investment. still buying though!
let it dip we know it will rise again
7k in the hole 😭
i started my crypto adventure at 12th of may. been dca’ing almost every day for an above average amount. it wasn’t my initial plan to spend this much dough but it seems like the only way. with daily purchases im still down around 30-35% already and slowly running out of fiat. i’m not telling euro amounts, but it is indeed too much. note to self. wouldve been better to wait with my daily dca adventure tho happy hodling
lol i’ve been in since april, seen green for maybe a couple days, been a steady kick in the nuts since 😂😂
sold all mine at break even. i’ll buy when it bottoms out and actually make money lol.
started may 31st. the red hurts, especially when dca-ing and the next day is all red, but i see a future for btc and eth. i just follow the advice of the community. didn't put in what i may potentially need immediately if my car broke down, or i needed to travel. dca'd and kept looking at the bigger picture.
down big time. not worried. 🥱
i started investing on the 15th of may. i have diamond solid cojones so i didn’t liquidate... instead i’ve been accumulating alot of btc, eth, ada and bnb
i mean... what else am i supposed to do? sell for a loss? hell no! i buy more :d
you should give credit too the people that sold at 29-30k without us we would be even lower then 29k that was hit earlier!!!!!
i started this year because i believe in crypto. the only thing i will do is invest even more.
hodling since 2017. i spent a long ass time in the red and now i'm just happy to grab some thiscounted coin as the market cools off for a bit. it'll be back, i've watched it happen before just as many more before me have.
i just sold, i give up atleast for a bit. maybe friday we'll see some gains again. i need a few days of rest from all of this. the constant meddling from third parties causing massive plunges without seeing any rises is getting to me. yes, i am out 60% of my funds. about a month of salary. it sucks, it hurts, but the swings are too extreme right now to justify staying in. if it goes up meanwhile? great. most likely 100% chance of that since i just sold. atleast maybe it will bring back some interest in people buying and pushing it back up. i'll buy back in later and ride the wave. if it goes down meanwhile? great, i can buy in cheaper whenever i feel like it again.
bought in just before ,000. only reason i was in the green was because i bought a shit ton more around 34,000. was in the green. still holding.
got in during march, fortunately listened to a buddy who suggested taking profit at % points to get back initial investment, so i'm doing ok, but man it is tough to watch. those who came in later than i did or those who deserve the props. keep hodl as long as you can, but you must do what you must do.
my bitcoin average is 62k cad and ethereum average is , i do not have large chunks of fiat to drop now so slowly dcaing
95% down and holding strong! we got this.
why would you sell for a loss if holding for a few months years will result in gains
hell yes we are!! china deserves the covid bat soup fud academy award and now you expect us to buy their crypto ban fud? good luck with that. diamond hands hodl
i came in 2 days after elon dropped that bomb on twitter about not liking bitcoin anymore. it's been down down the whole way since. i deleted the app and just wanna close my eyes and put my fingers in my ears but i'm staying in long term
look at the state of the us dollar and it’s hard not to think things can reverse quickly.
i'm still here but only just ! i cant count the amount of times i have sold and re bought back in during my fall from x3 my investment to being negative my investment now!. mostly from unlucky stop losses being touched in the night. like a to the line ! and moments of panic and fomo. and huge amounts of lost sleep and anxiety. its not been a great experience tbh. but i just shorted that last dip and grabbed form extra coins which made me feel a bit better. i have learned to stop thinking about the money and more about accumulating as much as i can , focusing on money is the worse thing you can do. remember why you invested it to begin with. in time that can still happen. i have been learning trading and ta, which i think is a useful skill for this kind of stuff.
i still believe in ada
it costs me nothing to hold, it costs me to sell. no brainer, really.
there is no inherent value in crypto. it doesn’t produce anything. if you are offended by this, you are gambling.
i’m not phased. diamond hands is not a meme.
i'm holding my crypto for 5 more years at least so i'm buying the dip. btc and eth only tho.
i’m loading up on december 2022 bitcoin calls right now for cheap. guaranteed it’ll boom again in the next year and a half
i started in the fall and i have been up and down...but i never planned on selling anyways this year, so i am just dca'ing at this point... and a big key thing is... i am only giving what i can afford to lose (much like my casino visits)
it ain’t much, but it’s honest work. but seriously, i’m just too stubborn to take a loss.
i never put in more than i could lose so it is not as thisheartening plus as multiple articles have crypto is the only feasible way to make a worthwhile investment for the modern day adult
i bought stellar xlm in 2017 at .02 and watched it climb to about .90 cents at the height of 2018 and go all the way back down to .06 in 2019. i’m way more emotionally prepared this time around haha.
thanks op, i hope it pays off in some years.
i figured this is for my future and i believe in it! so i’ll wait for it.
i started my crypto journey in january. i swear i’ve seen about two or three crashes already. the thing is, it always goes back up. maybe not to the crazy amounts we saw earlier this year but chances are you are still way ahead of where you started. be patient, consider this a sale and hold on to whatever you have.
between the news of tether being more or less pin pointed as a pump and dump scheme between their two exchanges, the u.s cracking down on tax code and regulation, china trying to effectively destroy crypto as it allows freedoms among their people, and that lunatic with too much time on his hands tweeting out his whims on crypto (which for a guy with vehicles with such speculation on their reliability rating, i find it ironic), it is easy to get thiscouraged. but do not remember, the original goal of cryptocurrency was to have a decentralized way of exchanging finances, and it is threatening the hell out of the centralized way of exchanging finances. look at the progress. look at the landscape. the crypto army is progressing at a rate in which was unfathomable during its inception. i have lived through every single rise and fall of every crypto winter. the problem with centralized government control and volatility within the markets, is that whenever it hits us apes with another meteor of fud, we come back more evolved. we went from apes slinging near worthless internet money shit at one another to a bizarre collective hive mind of exhilarating and dangerous financial security and wealth no matter what they have attempted in order to derail us. they are experiencing their ways of control dying off as we are advancing beyond their comprehension of how we view our lives and our finances. don't lose hope, you beautiful, thisgusting, magical mega ape of seemingly irrational, yet fortuitous decision making madmen. we are the future they have created by destroying the past modes of advancement. they are squirming because they know we're advancing. their way of life is dying, and they are terrified of us - what they created with their ignorance and greed. glory to my fellow apes. stand strong as the dips will eventually make us more powerful than they could ever imagine.
honestly, it affects everyone. am just lucky that i invested the money i do not need at the moment, more reason why it did not really bother me. and i strongly believe that no matter what happened now, crypto is going no where. and i'm thinking of adding bxx to what am holding, at least when i go broke, i can get free interest loan while staking the token
my first purchase of bitcoin ever was at ,000. i just bought again sunday at ,000. wish i waited t i'll today to buy at ,000, but oh well. i'm more mad i missed ada at ... again!
thx, i bought a single coin in january, i did a 15x and now i am still 2...and still put some in money in right now!! and i am happy as fuck anyway with my -80% from my personal gain ath
it’s the only way to make this work! buy and hold
i recently started with something really small, but i’m not afraid it is just what it is. go with the flow and keep holding 🤷🏻‍♀️
i bought at the peak. now im holding because selling now would mean too big a loss and my only hope is that the market recovers. im selling as soon as i break even. i do not want to but i ran into some unexpected financial problems
was at almost 11k...current sitting at a little over 6k in my portfolio, i just try not to look at it now days while still being furious with the ccp >:/
that'll be me, holding strong and buying the dips!
i yolod in 2 years of savings into. crypto this year. i'm down 45% and now i'm just trying to buy the lower dips to lower my portfolios dollar cost average. but fuck man it looks and feels so bleek, i think it will pay off in the long run, but seeing my savings and sacrifices tank like this makes me feel a bit sick, but i'm holding
got in around jan 30th, and i'm in about 20k, and i'm down to about 14k now. i did not sell at ath because i'm afraid of taxes. now i just feel like i will never sell. i keep averaging down when i can, but i'm out of fiat to invest. plan to just dca and wait.
been in for 4 years at this point. you learn more from the dips than you do from the moons
i started finally buying in january and told myself, whatever happens hold for 4 to 5 years minimum.
my sympathy is with the poor dummies that convinced their friends and family to get into crypto at ath and then had to convince them not to sell once it crashed. and now their friends and fam think you are a sucker who got duped into some pyramid scheme and are too caught up in it to realise what's happening.
never sell and you will thank yourself in some years. that's my two cents for what i have learned since i started some months ago.
entered in december, read enough to understand that this is a possibility. i have considerable cash locked in crypto but i made sure not to dump more than i can afford. still in the green but less everyday. i went for the index approach, i'm rebalancing my portfolio every month to try to track the top performers, excluding things like doge, tether or icp. also invested in two pet projects outside of 10, algo and ergo as a riskier move. there's no hurry. it's likely enough that in a few years it will bring bigger returns. stay strong guys but best do not count only on crypto
i’ve lost almost . sure not as much as others, but i’m below my starting point and i’m still holding.
i bought as it was falling, now i just buy a set amount each week, only bc for now but planning to add some eth to that, i look every couple weeks and try not to worry about it at all, if i cant afford it in a certain week i will cancel the buy and restart when i can.
+1 just for the username alone.
well said. everyone that’s holding through with a bright future mindset! let’s go!
funny thing is this low is still so high from last years high lol... people just need to look at the statistics from year to year...
thanks homie. it’s nice to be recognized.
credit aint gon feed my baby!
i have not looked at my crypto since the crash. it cut my investment in half. and all this news of current crashing means i'm going to forget it even exists. until i hear crypto is booming again. i did this when i mined cash which would have made me rich, except i forgot it existed and someone hacked in and drained my wallet lol.
no losses til you realize them.
i started with an app similar to robin (around last november or smth), i did not really own the coins and furthermore, i only invested 1€ into btc, to "test the waters". i dont care about the percentage of the dip now, i'm in for the long term. if only i had tested the waters with a higher amount, is my only regret lol
i just got into it back in february. the way im looking at it is i've already lost the money i've put in. there's no point in pulling out at a lost. probably put in a total of 've done the most research in. all my ethererum is staked anyways so i cannot do much with it but keep averaging down. my portfolio is currently sitting right at around . so not the worst losses and it still can go down more, but i'm just gonna ride it out until i see a profit in 1-5 years or i lose it all. i've also cut back a lot on my drinking and eating out this year so either way it is money i would have literally flushed down the toilet one way or another.
thanks, i got in at the end of last year, and was investing heavily for most of the early part of this year. i'm more or less resigned to the fact i have to hold until the next bitcoin halving. i do think things (although not the price) will improve between then and now. there were thousands of scammy crypto projects during this bull run. nfts were mostly scammy, and the defi projects were just too numerous and mostly had no real world use. the sector may mature over time.
it all cut in half. oh it hurts...
entered back in jan and made most of my purchases after tesla’s bitcoin purchase announcement, so i’m way in red now. but will just hodl! just wish i got some extra fiat because btc is really fucking cheap right now.
got in late april. all i know is red
i regret not selling to reinvest during this dip.
thank you op, this is not easy as i just moved across the country, but i really do believe these currencies are the future, so i just keep thinking about how i'm setting myself up for the future.
i bought in in late march and i'm still green and this after i lost half my portfolio to scammers in may. the only thing that hurts was losing that part of my portfolio to scammers. i did not think i'd ever be one to fall for scams but here i am. only reason i want to sell, is so i can buy at a lower price but how do i know it is not going to stop dipping. don't even have any money to buy the dip
im in since february and some one told me that hodl to the moon is the way. so f*ck it and go to the moon
cheaper free money for future me!
started in march. i’m gonna hold, continue to dca and see what happens :)
hey! that's me! yayyyyyyyohhhhhhhh
i've invested more than i should but i'm going to hodl till i'm broke. if anything, my crypto is my holdings, my very, very volatile holdings. i'm cool with it as i have belief in the future and money is not something i care about, it is the idea behind it and of course the potential return would make my life easier, but it is less about money but more about the future and where it is heading. i no longer view digital and physical assets as seperate things anymore.
i bought in just after the ath when it was stagnant for a bit. now it is all down and i'm just tryna stay positive lol. it's like the market is on sale. i was joking with my gf that eth is 30% off!
i'm only a college student but i'm holding strong because i believe in the future of crypto. it's been tough but... thank you.
i forget i was even holding till this post lol.
down a lot now captain, am not nothing to a playa though let us keep it movingggggg.
these dips are learning moments for every new invester
down by so much. i'm crying inside but this is fine. always been a failure anyways. what's losing 60% of my savings eh? ain't nothing to it.
well. i bought my first eth during the may dip but th3n it kept dipping. i've been dcaing off the downtrends and i do not mind if it crashes even further. seeing what happened in 2017 gives me a lot of hope and there am not no giant gains unless you are ready to put your money at the time when it is blood on the streets . doing daily dca since past 3-4 days will switch to weekly once we find some consolidation.
i bought and deleted the app, i’ll check the price again at the end of the year
thanks man. i just started this january and it was a good two months. been seeing red the past few months and it is very scary and thisheartening. what kept me going is the fact that i do not see my crypto as a quick cash grab, i really do believe it is the future and a great solution. i'm really hoping more people see it that way too. here's to hodling!
hshahahaha you guys are so emotional, it’s a bear market, sell snd buy when it’s bleak and back to 10k, stop buying at ath. so cringe
i hodl since january and i want to buy more
i've been hodling since march. i truly bieve in the future of crypto. everything with safemoon and bitcoins meteoric rise through the years. the moment i bought i said to myself "i do not want to sell my crypto to buy a lamborghini , i want to buy my lamborghini with crypto". so that is my plan.
three words: dee cee aye
this has gotta be a perfect time for more institutional investments to enter. with btc and all crypto getting the china crackdown, all the miners getting forced to move all around the world now and revisit their sustainable energy infrastructure. first miners equipment arriving in kazakhstan today with a shipment entering maryland soon. florida opened their welcome to miners and el salvador legalizing btc and using volcanic thermal energy to mine should be good. july we’re expecting more adoption like paraguay, panama and a few others following el salvador in btc legalization. i really can’t understand why china would do this as i feel they are really shooting them selves in the foot here, but what do i know. hang on tight my brothers and sisters, we got a lot of good news coming.
and as a new investor, i give credit to everyone apart of this sub. this sub really helped me in the beginning, the art of hodling, where and when to put the money down. handling the stress of a month long dip, could not have done it without all the amazing information this sub provides. keep hodling it down!
got in november last year, i’m not just hodling i’m buying this ride down! yeehaw!
first buy was on the the way up. followed advice here and took the dca approach. got antsy and was buying dip after dip and burned through a big chunk of my planned dca budget. still doing my dca but more nuanced i guess you could say. i do not know if i have diamond hands or not but the fact that i'm still holding and buying has to say something.
i got in during march and am dca now. i do not have a big emotional attachment to money despite being broke so i feel like it is the perfect long term investment strategy for me. enough volatility to keep my interest , enough time in the bear markets to slowly build up
you know how litecoin went up to over 400 and then came back to about 300 and kinda sat there? yeah i thought that was the dip. i've been holding and adding when i can so my position is closer to 250 now...but i'm looking at -55% right now and cannot afford to add on this amazing dip. le sigh. see you guys in a couple years probably.
thanks, i put 25€ into btc and 20€ into eth yesterday and i honestly feel like this is a great time to start investing, l highly doubt it will get any worse
ngl, i sold all my holdings yesterday and bought back in today. exited zrx and grt2 completely and put it into eth and others instead...i only regret not selling earlier but this has allowed me to bring my average down significantly. was a risk but glad i took it. on payday i'll make one final investment and then i'm not gonna put any new cash in for a while as i have other commitments.
the most common sense approach i know of is, do not ride a flaming meteor to the point of impact. have a stop-loss or 'acceptable line of departure' to cut any losses or retain as much gain as possible (percentage based or price based). also, keep a long-term hold bag of stalwart holdings...the things that are reliable and would not go "poof" ever. tax on ltcg is a lot lower. lastly, do not get sold on the "diamond hands" bs ~ that is another way of someone saying, "you guys be the bag holders and keep the price up while i dump my position." be smart and cut losses .
got in a week before crash in may... life never been the same since ;) now just waiting 2025
im only a bit in but i knew it was going to happen as the market was bullish. and was like printing money for a bit. now i wait.
at the beginning of the year, threw pocket change into random cryptos expecting to lose it. went on to do research, now dca on the ones i believe in... dips... let’s go!
i got in early enough that i'm now just seeing negative, but i did not get in to get rich in three days. i'm glad i have the opportunity to buy more for the price i was before.
thank you, we'll get through this!
i put most of money into crypto (im poor anyway so its not alot) over the lasty few weeks, only top 5 market cap coins as i want to remain relatively safe. anyway i got a call from my boss today, they let me go because covid has affected business. and most of my savings are bleeding heavily... its tough. but i will not sell, i believe in the longterm bullrun.
i've been through 2 50% crashes and recoveries, and now its dropped another 40%. i just keep buying the dip, i'll claim the crypto tax loophole and not be worried this year. plan was to hodl at least a year to avoid large taxes anyways.
bought in day before may crash, down 60% rn. not selling shit.
i'm relatively new. when i finally made my first crypto purchase i immediately saw it drop. now it is down about 70% from what i bought it at, but that is fine. i've also purchased other coins and have seen them grow and my portfolio go in the green. currently it is in the red, but i've only been investing what i know i can afford to lose in worst-case scenario. i'm holding everything because i think it is worth it. my only regret is buying doge when elon was on snl because i thought it would boom. obviously i could not have been more wrong!
i also bought in for the first time a few weeks before the crash. saw some awesome gains at first and now i'm down almost 50%. haven't sold a dime but i'm really hoping this crash and burn thing is going to stop soon... my plan was to hold anyways but its never easy watching your portfolio halve even in the meantime.
hey man, i was able to buy another whole eth so i'm not too sad.
i bought btc last year when it was 10k. it immediately dropped down to 8k. i couldn’t look at it. i still had monthly buys placed. figured it would even put over time and it has. it helps that it’s on a cold wallet and not on an exchange.
only thing i got out if was icp...what a dumpster fire
that’s me and my husband. we threw about . portfolios are down about 35%. the thing is, the first thing we learned about crypto was that it’s volatile (and ‘not your key, not your crypto’). we knew not to invest any amount that would hurt if it thisappeared. so we bought cold storage steel thingies, a massive safe, added reference to the keys in our wills, and now we watch the drama unfolding on youtube and twitter without a thought of selling.
i must say that i do not like day trading. i just buy projects i think have future and hodl (or stake if it is pos coin)
i started in january. been up to 145k and as low as 60k this afternoon. just invested another 2.5k planning to hold for 10 years. just waiting for a few mistakes to hopefully regain value before i sell them and move into long term holds then i’ll delete and revisit this in 2030
i give more credit to the people who took their profits off the table and are investing them elsewhere or are waiting again to buy the dip. if you bought in, 15x'd and held back down to your original buy-in or a loss, you are an idiot.
the smart move would have been to sell. there’s an opportunity cost to dead money. and what is the catalyst to drive crypto higher? adoption as a currency? yikes. op must also be brand new to investing. we have a phrase for situations like this: “first sale, best sale.” there’s no shame in selling. there is shaming in holding so long that your investment is down 90%.
late march investor reporting in.
at some point, the losses are so bad there is nothing left to do but hold.
can't lose if i do not sell.
i’m in this boat, it’s demoralising seeing your investment decline, i’m trying to forget about it, i try to only look at my wallets once a day and although i’m keeping up to date with the news i’m not taking things too seriously, i’m just holding for the best now.
finally some credit! if only it helped my credit score too
just got into crypto in february. wanted to finance my next vacation with the gains.after finishing university. oh boy was 2x in green. got greedy. wanted to hold on. still holding on. guess i’ll have to work now for next vacation. the traditional way. feel good though that i invested in projects and tech i believe in. no wen lambo stuff. makes me feel more comfortable looking at bloody hands holding through.
yup, the trick is, in my case, to not invest anything you cannot afford to. i'm in it for the long run and i can afford the occasional 50€ investment without stressing about it.
yeah my profile is all consistently red but i’m in it for the long haul (mostly etherium and etherium adjacent alt coins like ada, matic, algo, and then some amp to top off). hopefully the alts don’t become nothing coins but i knew going in i’d be keeping them in for at least five years or more. trying to remain unfazed but def hard to do. i’m down about 20-25 percent and i invest about a quarter of my paycheck rn until student loan payments start up again. it’s at least money i can afford to lose at 27, but not saving too much for my future lol. please god let our patience pay off 🙏
thanks for the motivation. i began accumulating my coins and tokens at the start of the year in january. have not sold anything yet and i'm planning on holding mostly everything until the 2024 btc halving. currently in btc, eth, ada, and mkr. plan on adding matic and erg to my portfolio when i have more fiat. i'm gonna hold all of them and accumulate as much as i can and then reap the rewards when btc halves again. i thought it would be hard holidng through this crash and seeing all my investments bleed, but it acually is easy for me to hold because i'm that damn confident in the projects i believe in and i know they will go up, and go up exponentially as well. i know it so ya boy am not worried over here, long term holding allows me to sleep well at night 👌🏾
i believe in cryptos but people believing in the same fud news over and over again 😞 im so happy miners pulling out of china ,no more repeat news from them 🙌🙌🚀
i naively bought mostly doge when i started just before the whole snl elon dip. sold it afterwards for a better portefolio, but havent had any profits yet
got in around february’m here for the long term. this is nothin’
i think it’s also important for people to know that selling off and taking a paper loss isn’t a bad thing. due to the irs not considering crypto as a security, its not subject to the same rules. basically, you can sell your crypto then buy it back immediately after. this triggers a paper loss which you can use to write off your capital gains, but allows you to still retain the same amount of crypto you have. furthermore, if you believe the market will continue to go down, you can sell now then buy back in at a lower price, which would actually increase your crypto holdings. tldr; selling can be a smart move in certain cases
can’t sell when i’ve deleted my app
crazy times are just getting started.
just bought some more lol. buy buy buy buy buy and hold
i had some friends who were making money in the space and got me interested. coming in late april early may and being down 70-80% and thousands isnt fun, i dont think thats the worst part. not doing enough research, and not having the same buying power dca would have afforded me is the worst. i fomo'd all (not really all) in. these were some pricey lessons, as well as some shitcoin bets (i still see the value in them as lotto tickets or casino). i learned a lot in the last couple months. i havent sold anything at a loss. i plan to continue to dca in as i believe in the premise. im excited to do more research and potentially buy into some other alts with lower entry fees. staking has been a focus for a few weeks, and this looks promising as the candles matter less. hope to get back to even one day, and beyond. seriously appreciate all of the knowledge and even the sick and depraved jokes when things are down. i hope the other new folks learned a thing or two along the way!
no credit to cramer who sold at the top instead and made a huge profit instead of holding and losing it?
gotta take advantage of a good sale !
yeah i’ve lost a lot of money. most of my savings through this rough patch. i was in it and i should have sold when i heard elon was going on. nothing against him personally, i just had a bad feeling about snl. still holding strong though.
real believers should continue to stack at a thiscount. it’s a great opportunity to dca if you got in at the local peak
i am desensitized now.
started investing in february and probably until today my portfolio was still in the plus. feels a but weird but i will keep hodling because i invested what i can afford to lose and i’m definitely not planning to lose my crypto!
set it and forget it
i got in a bit before the may crash but i'm also mining on 3 home systems when they are not in use. the mining has paid for electricity and covered my losses so far to the point everything still *seems* green. that chart on coinbase looks like a heart attack patient tho. if not for the residual deposits from mining i'd have un installed coinbase and just told myself to check in a year. regardless i do not own much and i'm still purchasing a set amount weekly of eth and btc and once a rebound happens i'll be making that much more. hodl.
well i’m so poor i could only afford to invest , so it’s really no skin off my back. just wish i had more money to buy now while it’s low.
down exactly 6 figures when i woke up today.
that would be me but holding and buying more not selling! 🦍🦍🦍🦍
how much credit are we talking?
i let my broker talk me out of using 3% of my savings to buy bit coin when it was at 15k i might be invested heavily in shit coins now but it’s 0 or the moon. not gonna miss out on big money just because i can lose it all.
i'm not a huge investor, only used crypto in the past to buy things and finally decided to invest earlier this year. i was watching bitcoin in the 60k area and waiting for a drop so when it finally did i bought a few hundos worth around 53k. and watched it continue to fall. and fall. so now i simply made a rule for myself not to pull anything out until it is back up and beyond 60k while i keep investing little bits here and there during this 30k stagnation
bought mad eth and cardano at their ath, been buying every week since then. appreciate the support good brother, i’m in this bitch for the long haul.
insert meme of dude being hanged. once you've been down thia road 2-3 times it is not scary. it also helps when you've removed your original investment
if you started investing from january to march, their portfolios should still be positive to break even. anybody who started in april... welcome to a crypto bear market
thanks. got in this year. portfolio went from +50% to -40% in a few months. still gonna hold and see where we go tho
i’ve bought btc at 55k and will hold till 2030, if it still doesn’t go up, i’ll panic sell in 2030 !
here since april! here to stay 💪
that's me. got in at the beginning of april. hodling and just wishing i could accumulate more. i have faith in my holdings. not worried.
today i said goodbye to all my gains from the start of the year but i'm still not selling 💎💎👐
i got in today! and im here to stay, baby!
yea it sucks, but i’m just gonna keep buying all the way down. lower my average
present and reporting for duty!
me? i bought tha dip.
appreciate that. i'm still up by the skin of my teeth, but i'm not selling till my targets are hit.
bought in back at the beginning of feb. a few of the big coins, and a dollar amount i was comfortable "losing" because i made a firm commitment to not touching any of it for at least a year, barring hitting my target profit margins. saw my initial investment double...and now i'm down by about 40% from my initial investment amount. not from the peak, but from the opening amount i started with. firmly in the red. big oof. but, c'est la vie. i was not doing anything else with that income, and i was prepared to lose it. a good friend is big on sports gambling, and he maintains a strict budget approach at the beginning of every season, giving himself a pot of money to work with and no more - i did something similar with getting into crypto, and while i would have much preferred to earn on my "bet" i made sure i was fiscally and mentally okay with losing it all, too. so now i just keep a light finger on the pulse of things, check my wallet far less frequently (morning and evening now vs. every few hours), and move on with life. good reminder about portfolio diversification, that is for sure.
i saw my portofolio down like 60% in 2018, but i kept investing, even in extreme red times. now i'm on huge green thanks to some early entries. i keep buying... cheers to all.
i give credit to those who got in today
i think a lot of new investors , like myself , are now investing more in the long term “what” of the blockchains. not simply looking at it like a bunch of subjective stocks . i see most viable “coins” as really cost of use of the blockchain within a new web 3.0 software stack . i think a lot of people forget that a lot of these are not specifically a currency for end user use . it’s not like consumers are going to want to track 15 different currencies in their wallet. as this all develops in the next 5-10 years i fee a few meta-coins will evolve as the currency of use for people that bundle the costs of the underlying blockchains that are used under the covers of different applications and services. just my thought, but that’s how i’m investing. i bight at the height with expectations of long term gains , and hopefully a drip for retirement . best of luck to all. and of course - i’ve no real idea if i am right or wrong . but i invested in what i think are good blockchains that will play together. for example eth ,matic,icp seem like a good match . all at different states of growth and development. i’m hoping to code a dapp using the 3 just for myself to learn as they become more robust
i would not be a millionaire from the amount i acquired. or at least i doubt it will multiply enough times for that to happen. that being said might as well wait and see. maybe buy more if it dips further and then maybe i'll be able to make some decent money in a few years time. at this point it is just gambling for me. i do not know how the market is working. the money i've put in is "gone" until maybe one day it is not lol
i will never get over the fact that so many will call themselves longterm holders and yet will freak out looking at the hourly, daily charts etc or have their opinions so easily swayed by youtuber or whatever. yeah it can hurt at times and that voice will pop up and say “you could have sold and rebought lower”… yes opportunity costs suck... but tell that voice to shut up. it’s either you put a lot of work into learning the dynamics of markets and human psychology or you master your own self and be clear on your goals and risk profiles (with crypto - optimally both). once you are clear on your own plans and the timelines you are working with, things will get easier. a prepared mind will see opportunity. to those that see the longterm picture and avoid a present, i salute you.
thanks, got in during february and now things are starting to hit hard, but as i like to say, hodl til gold!
i'm at about i think i got in around april? i bought into btc (among others) at around 55k? lol just wish i could have waited on my scrapings bot, now it is not even working bc the bottom limit was 40k which i thought was more than enough of a safety net 😅
have to be very strong 💪🏽
i bought at the beginning of april and into may, and i’m a first-time buyer. at one point i was up approx 60% on some baskets, and have been demolished to -50% on most coins. i don’t think i’ve ever seen a 90% swing in an asset in a few months, so yeah…this is all very enlightening. still holding, and will continue to buy and hold for the rest of my life. i’ve got nothing but time for the ultimate dca.
despite friends are always negative about crypto, i dont give a fuck. i just buy and hodl. we will see how they think in fucking ten years.
lol i bought btc and ethereum at 55k and 3.3k, i’m down bad
thanks, dot is kind of destroying my portfolio
polygon and doge are keeping hope alive for me. first time crypto investor in 2021, holding 10 different crypto. just bought the doge dip. honestly wish i had more money to buy dips in all my holdings. i can’t imagine that three years from now i’m unhappy.
i do not want the credit, i do wanne say, i'm new to the crypto world, i invested in btc when i thought there was a dip, then it collapsed, man that is so thiscouraging, but i have faith btc will go up eventually, all i can do is hold now i guess.
thanks. bought in at february and dca'd. made some good gains, but after the dip i am down 15% so all in all, i am pretty satisfied. when i got in i imagined it would eventuallt go down for a while. honestly i was hoping that would happen around october. but here we are
i'm hodling. cold blood.
i never let my wife know about my dca habits until last year when we saw the bounce back from 2017. this has been a ride for her but she has not once said to sell. i just show her the chart zoomed out when she has a question, or i look up the answer if i do not already know.
i started back in 2015 officially... i’ve sold my share of losses... i’m not selling at a loss anymore... that’s not why i bought it in the first place. i was up 800+%. my portfolio is about 26 positions that range from -40% to -75% the point however is that overall i’m still up over 200 percent. hodl. this too shall pass.
i took a long break after the 2018 crash, not quitting this time. just keep buying the dip.
i know its not exactly what you were talking about, but other than the pandemic, the thing i hate most about the last year is this new "hodl" mentality. i find it insufferable. it extends from wsb gme, to doge, all the way to friggin physical silver. blindly holding is not a great move. sure, long term investing includes holding, but that does not seem to be what people are doing. the whole doge thing shows. those who sold near the top made a ton, and then could buy back in.
sooooo giving credit to people who do not know how to take profits? investing in general is pointless if you do not know how to exit at some point, even if it is simply recouping your initial buy-in. otherwise, you're just the pocket big players pick from every time this cycle plays out.
it’s rough, man. but we’re here for a long time, not always a good time. 🤝
thanks for the support! my first crypto purchase was btc at , i've been dcaing ever since but honestly the more i read about btc the more i believe it is the future. i'm now running my own node so i guess you could say i'm pretty far down the rabbit hole!
whales and institutions took huge profits then they want to make retails believe it is all china fud's fault.
ye of little faith are not welcome here. join me with thine hands of diamonds and rejoice, for one day... (hopefully not too far off) we will all be kings.
buy! buy! buy! hodl! hodl! hodl!
added more in this dip
started investing in crypto in february and have not sold a coin. i keep buying more every paycheck my job does not have a 401k so i started my own retirement plan in crypto
i've stopped looking 🤦🏼‍♂️
still very new to crypto and due to the gains i got from doge i’m still slightly up (used it to but ada, eth, link, and a few others). since starting the market has been a total shit show but fortunately i don’t have enough in to justify selling. i would like to buy this dip but i think im gonna hodl a little longer ...
that's because the crypto market is being manipulated by whales. it's the same thing they have done to the stock market and now it is ruining the crypto scene. i'm holding through this but it sucks seeing it trade sideways for months at a time only to dip again. the small guys never win.
i've barely seen any green these past few months, but these hands are made of diamonds regardless.
thanks, as a new investor , i was conservative and now want to take advantage of the dip… while the red is frustrating, nothing has raised my blood pressure more than plaid!! wtf is the obsession with this company that constantly says my acct is verified yet won’t let me transfer ? and continuously wants every password and security question multiple times??? i can’t take this kind of horse shit!
dude i’m hodling for 7 years. only because 7 is supposed to be a lucky #. just let the dca ride until then
this is how every bull run is. massive drops for months and people think it’s dead. fundamentals haven’t changed. just the price. hodl
all i can say. keep adding. glad i took a job to buy more.
it’s very easy when you understand what you’re buying. the technology is a no-brainer for anyone who spends a bit of time studying it. the only people freaking out are the ones who think crypto is a way to get rich quick. 50% fiat drop is irrelevant when you know 1 algo = 1 algo. i only think in terms of fiat when i’m buying, in which case a lower price is better :)
so many people who were boasting about “timing crypto” and jumping in. just buy then leave it be, i bought last year and haven’t touched it since
i'm sure you do. you probably sell every dip while convincing idiots to hold everything you want them to
put some in a week or so ago, but i’m in it for the long haul. don’t know what half of y’all are saying (still new to crypto), but i see the value in biding my time.
i think this is the most encouraging and wholesome post i have seen in all my time in the community since the beginning of the year. but i'm still optimistic about it. i might can thank my adhd for holding for so long or even buying in the first place, they say that a lot of people with adhd are much more likely to take risks and my impulsive buying probably played a part in it too, which is kinda funny cause normally it leads to me being broke or having less money than i should, but this may be the one time that curse pays off. i hope no matter what coin you guys are into, that it pays off. for all of us. cheers to hopefully what will become a progressive future.
i started at the beginning of the year. i’m in it for the long run, so it makes no sense for me to stop holding. my plan was to hold for years, so that’s what i’m doing.
that's me! started in january and i have not sold...my grandfather was very good with stocks and money and told me that you never sell in the red...and after he passed i took that to heart. i wont sell...not just for money...but because i believe crypto can be forms of currency in the future.
i'm one of them. bought before the crash.
you don’t lose money until you sell.
started with 9k in feb. saw it go up to around 15 and now back down to 5500 now . very tough to hold through it. my gut was telling me things were gonna drop around the time all those shitcoins came out wish i pulled the trigger on a sell so i could buy this dip but now i just gotta hold on and stick it out.
i made sure the amount i invested was an amount i was okay with losing. i just did not think i would lose almost all of it. oh well, still holding. it's not worth pulling out now.
more like new peons added to the bottom of the pyramid scheme lol.
mama didn’t raise no bitch lol i got started when btc was nearly 60k and eth was 4k can’t say i’m psyched to see my portfolio looking so starved but once payday comes i can afford to invest more into it and i’ll get bigger gains when it does eventually go back up, whenever that may be
i don’t think i’ve ever made money on crypto. it’s went down everything i’ve bought haha. you know it’ll go back up though nothing to worry about
i've got into crypto at the end of january. of course i made all the newby mistakes. jumping the bandwagon, buying high selling low, panic selling, fud and fomo. but a month ago i have decided to just stake. it takes a lot of my mind knowing that whatever is happening on the crypto market, my funds are tied into a stake, and i cannot get them out unless i want to lose the staking rewards. so yes, i'm holding. not only because of that, but because i know that eventually it will come back up, higher than before. as it always has eventually.
i’m really in the red but it’s okay it’s not my money, just a giant loan from the bank :d
i bought in back in february, which is when some alt coins started seeing good gains. but now they’re falling again. i always intended to keep my money in for years anyway, so i’m confident it will bounce back.
honestly, after holding through the previous bull market and the years of being down 95%+, this is relatively nothing. i look at it as a buying opportunity to increase my stack for the long-term
i mean what is there to do about it? if you put in no more than you can afford to lose then you just let it sit there, it really is the point now, the only thing you can do is either buy the dip if you are so inclined or better your position with each drop.
for me tbe trick was only putting in money that i could afford to lose. be a shame to lose it but this was mostly just entertainment dollars for me. feel bad for people who are trying to retire right now though.
minus 70% still hodling, and will buy more soon.
got in one year ago. i'm out.
i have been holding on etc for about 4-5 months now. saw it at , and overlooked it. saw it moon to 40 and i bought some then. saw it go up to 180 then here we are, the crawl downwards and oh so painfully. it is now trading at 35-40 range. i have confidence though as i averaged down and middle-grounded into the 60s average range. it has been a blood bath, war and victory all wrapped in one. this year and last has been like a movie scene.
it’s been a wild ride since january!
i invested in this for my 3 year old son, just in case,,holding is the only option,,whatever it’s worth in 18 yrs is his.
thanks, but it took a few trials and errors to be this reckless and stressless all at once 😂
thanks bro, joined the crypto on 8th of may, completely changing my perspective from "crypto is gambling" to "crypto is the inevitable future" but as soon as i heard my barber got into crypto too, i knew something was up. today my portofolio reached a loss of -50%. yikes. learned a lot about stock markets in general and i love doing tehnical analysis, drawing trend lines. still holding everything... even my doge that i bought at 0.60.
bought my first crypto in feb, i decided then i would continue to buy every opportunity i could, and that hasent changed. i'm actually relieved i have more time to accumulate
i bought with a chunk of my savings at around . i knew at the time the investment was probably well spent, but it could look bad short term. committing a part of my savings to bitcoin was more about not having cold feet anymore than making an immediate return. i’ve since averaged down and bought another chunk (without my savings) at . now i’ll be a lot more thisheartened if crypto keeps going down, but for the most part i’m just glad i have skin in the game.
i sold som eth and all my vet, i needed the money which is completely unrelated to the decline in prices, hoping to buy cardano and some vet next month
started buying in january. no sense in selling now. this is for the long-term for me. if anything i wish i had more money to buy right now.
i bought 2 eth at . i’ve held it since through the . that was my first eth purchase ever in fact i bought *more* when it dipped to 3500, and again at 2500. and im seriously contemplating more today. maybe im just drinking kool aid, but im as bullish as ive ever been
i have started in crypto since it took a massive dump. i'm here for the next three bull runs. i have never seen a price above 41k and that short run up is the one time i have seen my account green ever.
they must have balls of steel because i’d be sleepless
bought about (mostly celo) back in february. portfolio is at about . kind of wish i sold when i was up, but i'll keep holding until prices increase.
my wallet is down by ~40% the timing on buying at the very start was so off (did not quite know anything about investing), but i believe in this technology and think that most of the coins that i bought one day will be huge. so i hodl!
thanks buddy. i started off crypto by throwing 7,000 at doge lol... i feel iffy about it still, which is why i bought almost everything else during these dips. staking every bit i can. good thing i can understand how to research projects and get info from all of you brilliant minds. stay blessed.
we're not the heros... we never had a choice.
i didn’t invest to make a quick buck. i invested because i know crypto is the future, and it isn’t going anyway.
that’s me! my portfolio is in the toilet — so i hold strong and only let myself look at it when i’m taking a shit.
thanks. it's pretty easy to hold when you believe in the tech. i'm heavy into eth and i am not fucking selling
got into crypto middle of may this year before the crash. portfolio is down about 60% but i'm chill because it is a paper loss and i invested what i'm affordable and willing to lose. some coins i invested because i believe in the project and therefore was not focused on profit to beginn with. would invest more if i could. holding and let us see what the ride brings in the future. i'm optimistic.
jumped on the hodl-train in april, been nosediving since. but one of the first things i learned on this reddit, is to hodl for dear life. so that’s what we do. by the 3rd bull run from now, i hope i can proudly say i hodled my way through!
i am definitely pleased that i switched to liquidity pool staking a couple months ago, though :)
sigh i got in right before the may crash too. been dcaing but always feels like it drops more and more
thank you for your recognition. yes that would be me. i'm the dorkus malorkus who got in back in february, bought what i thought were dips all through march, and have hodl'd into a complete shit portfolio.
are near the bottom or is there more to go? definitely bought in when ethereum was at like .
i finally got in in january... at this time i am 1k under my investment, 6k below my top... haven't lost anything, my portfolio is just temporarily low.
hello i'm here for my credit? i've lost thousands so maybe i can use this credit for my eth addiction!
checking in. been buying consistently every single week from feb 1st to the present day. overall about 10% down on my investment so far. i’ll just keep buying and hodling, this is retirement money.
bought my first btc at 55k and still hodling✊
and now suddenly everything looks expensive again...haha. it's all relative.
i do not lose until i sell.
dca'ing my way to greatness.
been in since march with an average buy in of around 51k. definitely stings. excited to slowly get that average down in the coming months though.
just wanna say thank you to all the bag holders who bought something with a fundamental value of zero.
i've been just putting a few dollars at a time in after bills are paid so i do not have to care much. if i lose it all, my life will be exactly the same.
my binance only shows a buy button? didn’t know you could sell. for real though, in 2019 i bought my first btc at like 8k i think and it crashed down to 4k and i quit and swore it off…. not this time! i’m buying every dip...
thank you. normally i never have luck like this. i'm still in the green and hoping to stay for now. i should buy more though.
i feel for all the people who didnt know any better and literally took out a 2nd mortgage for dogies. i mean investing is cool but just because everyone is telling me something is good doesnt make it true. invest what you can afford to lose. i wonder when we'll start seeing articles saying so and so are getting evicted from there house because of dogies.
so i am new to doing this... but i have been paying attention since 2012. what kicked me into doing it was that for the first time i decided to build myself a pc. ive built hundreds of computers but i always had a "good enough" pc around... but i needed a fast one for 3d design work. well... since i had a 5700xt i tried mining on it out of the fuck of it... and got an insane amount per day doing nothing. wow. then i basically lucked into some more 5700xt cards. and i have solar that was sized for a couple years ago when i had an electric car... so i was already set. started mining... made almost 2k... and it crashed a little. made almost 2k... and repeat but thats part of the plan. get as much bitcoin (and a little eth) as possible for next time it surges. even if it takes 3 years, the longer it takes, the more i have. because i am not just holding, im generating more everyday. and while i am doing that, if its "worth less in usd" i can possibly get more in crypto.
just keep on buying... it will go up again
yep, there will be a lot of green in the future
i dont even check my crypto anymore. hopefully i’ll forget about it and then see a blurb on the news or something about dot or xrp being at ,000 and then remember i have a bunch lol
i’ll take that little pat on the back! i have less than , so i’m not freaking out. but i did buy most of my coins at their aths hahaaaaa. i’m down like 60% but i’m hodling on for the long haul boys. 🤘🏽
more than 60% down but still holding coz i dont have a choice cannot sell it fr a loss
keep in mind everyone the earliest crypto to even invest in was 2013. most alt coins were not even created since the last 5 years until now. this is all super new. it is growing so fast even the stock market as a whole is watching with attention. this is just the beginning remember that.
thanks for talking about this! i invested shortly before the crash and am down 55%. i‘ve never ever seen any profits from crypto (except for that short bull trap, but i didnt sell at that point cause it was just recovering). its really depressing for new investors right now.
i have a money losing kink so even when the portfolio is down i’m up
this is kinda whatever, but my current single and only investment into crypto was . which just so happens to be its current all time peak value. so if it never recovers (unlikely, probably) i sort of bought my first share at the worst possible time.
my biggest problem as a new investor is all the glimmer and hype of wanting to buy this and buy that... i was already interested as of 2017, but this made me pull the trigger, especially now that it is easier to get some coins out there... another hard part is the hoarding part of me where i buy, and want more, but cannot let things go because they mat blow up, and even when they blow up i'm still not going to want to sell... also the bummed out part of not having a minimum of 2500 of most coins to be a millionaire if a ... other than that, it is fun... i enjoy the thrill... this bloodbath only sucks because i do not have more funds (par for the course) to buy more... this is how they suck you dry lol... (pause) crypto is the shit!!
"earlier in the year", dude i got in hard 6 days before the first dip about a month ago xd
fyi: it's not a loss if you sell
no worries, big man. i'm in it for the tech anyways.
yup. just sticking it out. see you guys in a few years! 🤣
the annoying thing for me is i bought in on a bad platform that i want to leave, but i kinda have to wait until my investment is worth what it was when i bought in to move platforms.
thanks. it's been rough, but i am not selling till 100k.
i got into crypto in march of this year. you can imagine the amount of red i have right now. 😭
i got in in february, lost 50% gains . i have learned a lot😆 happy with my bitcoin purcharse today at 29170 i belive this is not over yet. good luck everyone🙏⬆️
me too. bought 4 days before the crash. so it is hard to see your investment go down. but i'm also learning a lot! of course it is money i can lose, but rather not, haha
invested just before the crash of may. only thing that keeps me going is, you cannot lose what you have not sold yet.
i bought .50 of bitcoin through paypal back in january because i had some money in my account. it went up to almost , now it is down to . it's been an educational experience, but luckily i'm not actually losing anything when it drops.
yeah like i bought eth while it was near ath and then i averaged out my price at 3500usd but it is just been hard like to know that 100-150 dollars are just stuck and like the market is not showing signs of recovery
i’m just getting started. i’m down 90k but i ain’t selling! i actually feel badass telling people i’m down that much. they look at me crazy because i’m calm about it. lol
[my take]( on the recent deluge...
that's me! jan 21st purchased my first btc. did well trading, survived and profited through the first 2 drops, but the last big drop got my futures amount. i did not buy eth (etc) like an idiot, but i'ma hodl for better days now. a scalp once a month or so, but no more gambling 😂.
have known about crypto for years but have only gotten into it in the past year. good luck to people holding through this! it’ll be worth it in the end, don’t sell! slowly accumulate what you can
i don’t understand why someone would sell now. im holding tight. it will come back.
**i am at a 30-40% loss total i am not to worried about it since i have done lots and lots of research the last 5 months and believe in what i invested.** i do however hate not having any fiat available to dca in, everything invested i can miss but i cannot afford to add anything for a few weeks most likely.
that would be me. bought my first crypto on feb 1st. i rode things up to valhalla and got greedy, took some profit but not nearly as much as i should have. hard lesson learned. but now that i have been into this for several months and learned a lot about it im convinced crypto is the future and an incredible investing opportunity. a crash isnt going to scare me off.
i’m looking at half my money gone 🤷🏾‍♂️ lol. it’ll go back up eventually.
my first time was in january 2018. yep, just before the crash where i went down something like 80%. i've been holding ever since and i'm glad i did.
things i've learned from bitcoin 1.question everything. 2.know what your beliefs are and stick to them but be willing to change based on good information and research. 3. branding does not equal credibility. big news sources may have no idea what they are talking about. get info from as many different perspectives. 4.anything is possible.
i started on may 17th. right after "he who shall not be named" went on snl. i had been reading and listening to podcasts and decided that what happened after snl was a crash. i watched the numbers go, figuring they would start climbing any day now... and now here i am. still though, the money was not my savings, it was not all i had, in fact the money was not even mine in the first place. i took the 2 grand from stimulus checks and thrust it into cryptocurrency, hoping to be an overnight millionare. i added some of my own dough to the mix and have learned a lot in the last 30ish days. to be honest, i doubt i'll ever sell. making a lot of usd is not the goal anymore. besides, i'm having way to much fun.
started to dca in january. tried day trading with doge when it began its rise. got horribly burnt by that in feb and have not sold a thing since. 💎✊
got in last winter, it is been a fun ride. i'm not too fearful as i'm planning to hold at least a decade. the only thing i'm hesitant about is i wanna sell all my "low tier" holdings that are down -30/-60% and put that money in ada and bat while they are low. i'm thinking the growth when they bounce back is going to be more than i need to cover my losses, but selling at a loss hurts lol
i got into crypto after researching about the history of money, abusive manipulation of the usd, proof of work, proof of stake, the block chain, etc. and as a software engineer whose job it is to work with non physical abstractions, it was easy for me to see the enourmous potential of blockchain for a system of currency. money is really just an instrument used to contain and quantify the concept of value as a measure of someone's labor. that concept can be assigned to any object, physical or non physical, wich have certain properties that make it useful as money. the properties of crypto make it a superior form of currency to all that have come before. i really cannot understand the older generation's inability to let go of the fact that something that is not a little green piece of paper, can have value. this was always going to be a multi decade hold for me, and i am simply not going to sell until it either hits zero, or i can retire, whichever came first. we are so early in this field, that one day we will look back and cringe at the tiny dips that we let scare us.
i have about £15 i've left in there since february cause i completely forgot 🙌
i'm down 25% but that is only because i've been accumulating through the drops! skipped buying this morning on the hunch that ill get better opportunities soon. 🙌
for people who get spooked faster tried to colour change your charge make red green and vice versa, this is a greed time to buy!! buy when others are fearful and be fearful when others are bullish 🚀💎🙌
well yeah, why would i sell i’d be losing money if i did that. lol hodl
i started the week of the may crash. it’s amazing watching my weekly dca buys always go down the next week xd i’m sure in the next bull market tho this bear will make it all worth it. good ol’ fashioned hodl!
i started this year. was at 2800.
im diamond handing this. i believe in this becoming the future currency
yup. i invested in crypto…hopefully it’ll recover 😬 i’m just holding on and seeing what happens, at this point.
i don’t know how cryptocurrency works, i’m very interested, but lost, will a nice person guide me to begin?
i learned my lesson with doge and gme. i've probably chosen the wrong cryptos to back (xlm, siacoin) but at least i am in this time.
i'm sort of a "new" investor... i was trading crypto back in 2016-2017, right around the time btc hit . my life got pretty unstable and i had to cash out of the crypto world, luckily right before it fell. i got back in this year, did really well at first with a number of great plays. i'm now left holding bags in btc. i'm hodling because i watched this same thing happen in 2017 and it was only a matter of coincidence that i got out before shit went south. feeling pretty confident i would not have to wait as long as the hodlers from 2017.
i, for one, am loving these sales.
i don’t invest with money i don’t have to burn, therefore it’s never a true loss for me in my mindset. it’s a gamble. i will ride it out on the ups and downs, and plus - i never intended to sell within the first few years of my investments anyway.
i've been holding for years lol send help
cheers dude. i bought in april and have yet to see green. did not sell anything tho.
hi like better the ones who are selling so i can by cheaper
started buying crypto in january. never sold, only bought more!
ho hum. and so. there it is. we hodl.
bought in early this year...because i believe in the future of blockchain and crypto. im too lazy, but im smart enough to know its been down before...and its come back. i invest because i want to be comfortable in 30-40 years, and so my future kids dont think im a total idiot. pick tech that works and stop thinking about the moon.
it's hard, i hope it picks up. i could have cashed out and had close to 2k at the peak, as it stands i'm around 4. oh well :/
i am down 20k usd and have not sold anything to usd. i have only been seing trading with btc and eth. thus in my last 2 months i am still at the same btc and eth values.
at least when you buy at ath...it is really easy to justify another (lower) price 🥲. i always regretted not buying in with the earlier cheaper prices... now i can!
thanks dude only saw my portfolio in the green like 5% only for abit before it tanked. i am fine, as i do not care about price action but how the space will evolve and the memes. put in quite alot but i am fine with losing it all. i have a feeling it is not over yet as we have not hit the bottom.
i'm lucky enough to still be green, and i'm honestly thinking about taking my modest profit and waiting for it to come down way past my cost basis.
started in april. still here. keepin it cool. no worries.
but i caaaan see the future and it is miiiiighty bright. i see... traveling, lot's of traveling. haven't left my state in 12+ years. ownership, in a home, or a business, whatever i feel like when the time comes. financial stability, for my family, kid's college tuitions, whatever they need. peace of mind, knowing that i can work, but not feeling like i have to. i got into crypto with doge initially (weekends were torture with no action in the stock market) and for doge i'm grateful. it piqued my curiosity to look into other projects and invest accordingly. i am down almost 40%, dcaing like a bastard and could not be more excited.
agree, if you hold them few months already, and true they lost 50% of value due to political reasons from iran and china etc, but that should not change the way support the development of cryptocurrency, and we all know such country one hand block the cryptocurrency, another hand stolen the concept and the way of blockchain technology, it just showing this technology is much better than the central political control financial system, just hold them like the gold, do not forget, even the gold do down 20% one point on march this year, now still down 10% back to 2016 year level.
i am happy the price is going down. i want to run my own ethereum validator. wanna be a crypto magnate? step one is stop worrying about the price. if there is one thing crypto has taught us it is that money is some made up bullshit. what is important is owning a piece of important projects. if those projects form the foundation of a new inter connected world you will never want for material things. it's funny that the thing people focus on is this super abstract number. you can literally own the future why sell it ever?
here i am. i've decided to put a warning if it goes very low so i can buy a bit more, otherwise i would not open my app anymore. i'm investing in log term, so no use in feeling pain every day.
holding? i am even going as far as throwing really small amounts towards it every fortnight or so!
well it’s easy when you invest money you didn’t really need anyways. set it and forget it!
my ethereum average is . would i like it to be higher? of course. do i care that it’s well below that right now? nope. i knew the risk and i took it. at this point, i won’t even sell if it goes back to 3000, i’m a greedy son of a bitch. i’m so greedy, i hope it doesn’t recover yet so i can buy more.
i bought for the first time and got my friends to buy too. ooops but it is ok, i've been through this for a while. hodl
that would be me 😂😂😂
i bought vet at 0.20 lol
i keep thinking i'm buying at the dip then it dips again haha.
love the pain, only because you have to pay the cost to be the boss, baby!!! keep safe, my dudes. make smart decisions. get wealthy.
i must chime in. i put all the money i earn into crypto because i am a believer. it is our future.
right before the china ban i grew some balls and invested around . it was the hardest decision but i was alright, made sure it does not affect me and went through. i was pretty broken to see the dip a day after my purchase but since then i stopped looking at the app and checking stuff everyday. i remembered my promise to self that this is for 5 or 10 years and i am keeping it❤️
"investors" lmao, i think the right word is speculators
got in just before and during the btc. not only am i still holding all my coins, i’m still dca’ing in on it whenever i get my paycheck. don’t put in what you can’t afford to lose, and once you put it in just forget about it’t count it as apart of your budget.
i have not sold since buying in 2016. of course i have used most of it to buy drugs over the years but technically that is not selling...
thanks for the credit! i got in near the ath earlier this year after too long of waiting and being hesitant. dca really saved me because i did not have massive stacks bought at ath losing 50%. felt good to have some savings ready to keep investing through the dip and (hopefully) recovery. glad to be here and not leaving anytime soon!
invested 1000 euros since around february actually at 600 may the future be with us
hold til gold baby
im only 25% down and its not a large amount anyway. these prices have me ready to back up the truck. but am i the only one noticing how bitcoin is kinda just floating around 32??? while everything else tanks. i just want some thiscounted etc.
i joined around january-february time and i believe crypto has a really strong future, i havent really sold at all apart from a couple times and that was just selling to get some money aside for more crypto. happy i started to invest in crypto, never know it may make me rich one day, if not hopefully itll give me some spare money.
hell yeah i’m holding, crypto owes me the 60% i’m down, not leaving till i get it back.
got back in in march. if i did not sell up 200% why sell down -50%
i bought in right before the peak in 2017 and had my ass widened in 2018. every day in 2018 i thought about what i could have done with that money other than crypto. never sold any but wept quietly every day. since i have been broken in previously, i just sit back now and don’t care if it goes up or down. i am not cashing mine out until i hit retirement.
i bought etc at 5 bucks about 2.5k worth and it went green and sold off 50 percent. bought some cool shoes for my wife and i and i bought the dip a few days ago. it’s not bad to sell some but never al.
i got in about 10 weeks ago and i must have drank the cool aid quickly because i'm loving this market. i immediately had to wrap my head around being pissed i did not get into crypto sooner, but now i'm able to get more money in at price points where i'm confident i would not come out of this feeling like i completely missed the boat on the good values. plus it has been a ton of fun researching some of the different projects, and learning more about the space in general. i just have to navigate this crazy sub and all is good in the crypto world at the moment 😜
down 50% but also don’t risk the money you can’t afford to lose. it’s the most volatile asset class out there.
i have been into crypto since january this year. made some profit and some mistakes after. invested some profit and took out the rest. unfortunately, my invested profit is in the wrong coin. but i am holding nonetheless.
got into crypto a few months ago. i’m not selling out of pure spite and hope.
i'm -35%. what do you want me to do? sell?!
been hodl since jan 27 and now have 79k coins 🤗
i got a fancy new nano x ledger for my birthday... set up my account, added my wallets and transferred my coins just in time to watch that shit evaporate lol still hodling, and slowly buying more. crypto is the future.
long term is really long term
definitely bought an ether token at like 4k 😂 holding till it is green or worthless lol
hey this is a nice post! i started investing in crypto around end of march and quickly all my small investments added up to be a decent dollar amount for the average guy lol. even with all the red these days, i still have faith in these projects and will continue to hold for years. i've researched the history of crypto volatility and prepared myself for the trying times ahead. good luck to all :)
i want to cry, but i know that i did not lose anything yet. and i know this will go up once again, if not this year, the next... or the next... or the next but i will hold!
thank you for this credit, is it something i can convert to crypto somewhere?
30-40% down, started investing just before the may ath now just keep buying to get my average down. having fun
new investor, sold everything in may around 55k and do not regret it. laddering straight back in at these levels with every penny i made. i do not take any credit, benjamin cowen on youtube has basically walked me through this bullrun.
hey one of these, started buying january. built up a solid portfolio and it all came a tumbling down. but have not sold cause i do believe in the coins i bought into. i'm mining some too. i made it a point to limit my access to my wallets and exchanges.
i do not get the panic. i got in a few months ago and im down super bad. but its a long term investment, i believe in crypto. so i dont care if i'm down a year, two or tree. i'll just buy extra. stop looking at it on the daily, if you truly think its the future. cheers.
i started investing heavily in november. was up 360%, checked it non-stop. i may be down some right now but i still have not sold a thing. don't even check my p&l more than once every week or so. sticking to my plan on avoiding short term capital tax gains. that alone is a \~30% gain in tax savings! i'm holding with you!!
i got into crypto early may this year and saw this massive crash ( i was not into stocks or any other thing). read about different crypto and block chain. this is my first time trading experience and my portfolio is down by maybe 30%, i'm still hodling just because i firmly believe in technology and i'm sure in few months market will be at better place.
i'm a small time crypto trader and about last years march was when i bought my first crypto, a year later a was at +300%. now with the dump i have lost like 30% of all that i had accumulated, it feel rough but i will hold.
i knew what i was getting into...
i feel like i am being spoken to here :) i got in last year, bought a little...bought a lot more earlier this year. bought lots of different kinds too. haven't sold a one, but i went red yesterday. it hurt. it sucks. it's sad...but, when i started this wacky journey, i was not in it for fast money. i went into it (and am subsquently staying in it) as a long-term investment. so while it sucks today, and probably tomorrow and maybe even for the next few weeks and months, i'm not selling. will probably even buy some more to lower my average. i believe crypto is the currency of the future and that is that.
you’ll be holding for another 4 years, just like every other halving cycle.
i'm glad you give them credit, because they are losing cash.
i’m buying dip after dip as my fiat mining rewards come in. i’m down about 40%, but i’m loading up the bags.
i dont believe in crypto i'm here to make fiat!
crypto? thought these were slots.
why would i sell now? markets have already tanked. now is the worst time to sell. even if i think crypto is all a speculative pump and dump, i'd still be stupid to sell before the next pump. the only people who should sell now are people who need the money (and should not have invested it in the first place) and people who think bitcoin got rug pulled and will never recover.
sold doge at the peak to invest in ethereum, already lost half my money but at least i put literally pennies into it
thanks, i got into crypto in mars with the target to sell with profit in september, i am more than 50% down, sometimes i feel a bit dumb and sad but it is okay, i did not invest money i'll need and even if it is a bear market i can wait 3 years. i believe in crypto but more than that i believe in their project. so it is okay !
i am one of them. phones used to be ‘dumb’, now they’re ‘smart’. now it is time for ‘smart’ money.
safemoon huge loss club over here
i bought right before the may dip and have been buying during big dips to get my averages down. i haven’t put in more than what i can handle but man it’s been a fun and wild ride. i’ll ride out for as long as it takes!
didn't buy more than i can afford and what's the point in selling at a loss. holding seems logical rather than brave to me! obviously i'm working on an assumption that it will go up at some point!
i started jan 27 following the doge train. learned so much from this sub and my mistakes. currently hodling a diversified portfolio and dcaing. hurts seeing my portfolio bleeding out, but am confident that as a long term investment, things will be looking fantastic :)
my lack of brain cells helps me hold
**leave now, rejoin when price is dropped at least another 75%-90%. i left 4 days ago, best decision ever. usd tether will probaly kill the whole market before the market will slowly regroup itself . in think bitcoin for example will go to 5000 dollar easily if not lower. safe your money, now.**
my plan has been do not look at the price until someone else tells me to.
i bought in my first couple grand in march and i’m holding strong down almost 50%
i’ve told myself i’m holding until i’m 50. only another 11 years of madness to endure 😅
i started investing in crypto around february this year. i have not put in serious money, but i can definitely say this has been an interesting, educational ride.
i invested in march and went from 30% up to 40% down after first crash. i invested with a mindset of being ready to lose it all so holding right now is not too painful when i remember my original intentions. still sucks to have gone down so far though and i regret not taking profits. lessons learned!
crypto in general feels like a huge fucking scam at this point. it’s pretty ludicrous for any dumb ass to mention anything thing about a bull market. this is more than a bear market; rugs getting pulled all over the place, it’s a full fledged crash. cashing out would be required if it weren’t fun money for me. i’d never hold any other investments beyond a 30% drop, most of these fucking cryptos have straight up crashed, upwards of 60%.
consider it a initiation in the cult
lmao. opened up my cb account the first week of may. been nothing but dca lmao
i got in right before the bigger ath’s so i saw loads of green then now kind of everything is about where i started (lookin at you eth) and others at good thiscounts too. i’m thankful i’m stickin to only the coins i know and like and can stake with. i don’t know how anyone can buy a coin they don’t do anything with but hold it in an exchange or a wallet.
well with the crypto ban getting worse and worse in china and the us is only bound to follow suit in the future it’s hard to stay positive
this is testing our resolve most definitely. the best advice i can give, which may be the most obvious is to stop caring about your crypto so much. just knowing i have it is good enough i do not need to stress about the volatility every day, so i do not.
you give credit to those who invest what they can afford to lose? ok.
i'm ready for whatever happens... it is not a loss unless you sell. just going to stake and earn passive income. i believe in the technology and we are very early still.
after btc had hit 65k, i remember thinking that buying at 50k was an amazing opportunity that i would never get again. yikes.
i got out then back in
did someone say hodl!!!!??
don't really have a choice but to hold at this point. just have to embrace the endless red my balance will thisplay until a miracle happens.
been in it for almost a year but does not make the bleeding any easier
not really by choice for me. staked a good chunk of my holdings for eth2.0. even though the associated chart is for eth, seeing that ticker plummet would have made me exit if it weren't locked until eth2.0. every other holding of mine has such low fiat value, it makes better sense to just ride the wave.
is been wanting to get into crypto but was just waiting for a dip to buy in. i figured after elon bashed bitcoin was a good time. i bought the dip feeling good. then china banned all crypto and the bottoms fell out and has been falling ever since. i’ve just been averaging down the entire time. unfortunately i ran out of money before eth fell below 2k but i chased it down as far as i could lol! i didn’t get into it for short term gains so short term losses aren’t gonna shake me
i started my wallet back this year and i never plan to leave again
i’m down on some of my crypto. still hodling... no sense in fud selling
the second i got in the market tanked. its only fair for the captain to go down with this ship.
like me. this is the way
how many credits? i need them.
it’s barely a blip.
fuck yeah. if i sell now i’ll have lost money so hope and patience it is.
my number 1 advice : never get greedy, take profit when you get decent return, never get greedy, never get greedy...
thanks mayyn, it sucks ass.
nothing wrong with taking some out and allocating funds elsewhere. if you believe a trend is happening in one sector or coin move money around. taking out ,000 here and there and putting it in a stock or what have you is fine. you may be able to make a profit on that and get to your same position at a lower price. it doesn’t mean you don’t believe in the coin or believe in the project you’re just doing what you think is best at the time.
when i invested in crypto i did it as if i were purchasing something not investing. yes i believe it will be the future. which coin, i can’t say. but i will never take that money out because i see it as i bought underwear and it’s impossible to exchange it for something. (i know i can) but since i invested working my limit i don’t care if all markets go to zero i don’t need that money cause i invested within my means.
i will never sell for a loss, i'll just keep the coin indefinitely. might as well think of that money as gone
this is about me! got in on march and down over 40% ah well best to get the hard things out of the way first right?
bought eth under , still holding let’s fuckinrg goooooo 🚀🚀🚀🚀
meh ... i probably should have gone to more stables, but my real bloodbath already happened in crypto winter. i was brilliant enough to fomo into btc and eth right in february 2018 (the start of crypto winter) and partially sold out lower. what i held on to is up significantly. hodl on. it'll come back. it's always darkest before the dawn.
its not a loss until you sell.
i wish good luck to everyone. think about your wellness and loved ones.
you havnt lost money if you havnt sold. i put . told myself ill leave it for five years minimum
i got in \*literally\* right before the crash. i'm down a little over 2,500. someone wise on here mentioned "you only lose money when you sell". so i've been holding as much as possible while adding more within reason. but still, i've been avoiding checking the app, and i just opened my app and shuddered a little bit. i set the goal of holding until summer is over. if it is still bad by then, then i will consider selling. i bought a whole nother eth yesterday thinking "it is on sale" but its even lower now. xd hrnnnnghhhh holding.
hold on ill look into my crystal ball. crystal ball says bear market till next btc halving.
learning about crypto in the last 6 months has probably kept me sane. i've been investing small amounts every month.
guilty of buying ath lol
i send fiat digitally every time i do not hand cash to another person. can someone tell me why complex math to secure nothing more that two people agreeing that the math is correct is more valuable then actual work? or physical assets? if this is a dip, tell me when i should buy, and why converting my fiat to crypto is an "investment?" what am i investing in?
crypto will be the go-to after the crash, it feels inevitable
i'm down like 95% ... i wish i just shoved my btc in interest bearing and locked it... it will be hard to recover but i will. i 6xed my investment hit well over 6 figures in usd... btc can change your life... dont lev. trade...
i bought in 2014 and still holding lol hope this is not the top lol
i believe that crypto currency is the future. i have no doubt about it. but by future i mean years, 5 or 10 if not more. there is a lot to be done by the government in order to be able to use crypto in a normalized way. so here i am, watching my portfolio bleed day after day, but i’m going to hold. no matter how painful it is or how red the graphics are looking. this is the future, so i’m gonna hold it hard. *title of my sex tape*
news flash: it will crash much more with the coming stock market crash
it’s not a loss till you sell…
i just want to give a shout out to all of my fellow short sellers.
i got into stocks and crypto in january 2020. scary scary first month, but wow did it pay off. hoping it happens again
why are people patting each other on the back for fomoing at the top and holding through a bear market? are you guys dumb lol
spent ,600 (during a 'dip' a month or so ago) then staked all of it haha. no choice but to hodl. jk - the plan has always been to buy and stake ethereum because im gonna ride this baby out
craziest 6 months of cryto investing i’ve seen
thank you for the confidence! first invested in february and felt great about those initial gainz... all this red has got me regretful, but just got to remember that it is all about the long game.
i've held since march at a profit. there's no way i'm selling at a loss now.
just because i sold everything at the peak does not mean i do not believe in the project.
i did not put in much, but i shall continue to hodl
yeah i just started the past year and seeing my mild gains dwindle to losses right now is a bummer but i am gonna hold through! i fully expected this as a possibility.
kicking myself in the ass for not getting in to crypto earlier. but this is a long term investment, not a gamble for me. putting a small % of each paycheck in no matter how high or low baby.
well surely they will sleep easy tonight knowing they have your "credit" op...j
i started around march… i’m not real sure how much i’ve dropped, but i was buying eth between 3-4k lol... i’ve a little over 3 eth now after buying more this morning… lost a fair amount on altcoins initially, but have since sold most and only hold coins i’ve done dd on. just wish i had more fiat to buy more.
this is me 100%. i was researching crypto back in 2017 (when "can bitcoin hit 20k" was the big thiscussion) but never ended up pulling the trigger. i finally bought in a couple of months ago. and yeah, it would be nice to see more green right now, but i did not invest with the expectation of quick profits. i invested in coins that i truly believe have the potential for strong growth over the next 5-10 years. and barring some major change in the technology or market, those fundamentals have not changed, no matter what the day-to-day price is doing. selling during a dip like this seems like the epitome of "buy high, sell low". the crypto market is not going anywhere, and assuming that the price will never recover just seems silly and short-sighted.
what's going on with tether? i'm hearing it is going bust!
they lost money to line the pockets of the winners on here
i got in big ( for me, but with in what i could lose) in ada and bitcoin in april. been holding since through some rocky times but it was somewhat prepared for it. been a bit tough at times but my outlook was always 3-5 years and still bullish on that. remember your plan!
was in the green a lot during the bull run but decided to hold. wrong move but i think it will work out in the next 10 years
i bought in february, i just keep praying my wife stays uninterested!
i got in right at the ath, yay! but all the money i put down is basically “monopoly money” to me, i could lose it all and be okay with it. i also believe in the projects so i’m definitely in it for the long haul.
been in for months the 50% crash destroyed profits still hodling idgaf at this point and looking to buy the dip
i haven’t put in much but have a small amount in both bitcoin and eth, and a pretty good amount in ada(while adding some ada today) and know this is a longer term investment! that was my plan going into crypto and that’s where i’m sticking with it.
only option is to buy the dip to make up for the losses when the next bull run comes.
i bought everything at their aths so im one of you…we will get through it
i lose only when i sell, why wouldn't i hold?
i’m honestly too stupid to do anything other than buy
thanks, by this time next week i'm sure i'll start seeing losses on my initial investments.
this is a pump.
i joined up, last week of jan. i’m not holding been short selling myself each week picking up 10% more coin with the same money. any money i made would’ve funneled back in and lost so chances are i’d be in this position in most or all scenarios anyways. haven’t learnt to hold stable, but am learning now.
i appreciate your appreciation of us lol. very easy to hold if you only invest what you're willing to lose and believe in the underlying asset. the one thing the stock market has taught me carried over well to cryptocurrency now that institution . if they manipulate the fuck out of a "regulated" market you'd be dumb to think they could not so the same in crypto. they're just going to try to frighten retail investors so they can buy it up on the cheap, then rinse and repeat.
thanks! bought btc for the first time at 68k xd hodl until i buy my house!
wait, you guys are not holding?
we don’t have any choice. this is the way
lol they got no choice but to hold now... they have too forget about crypto and come back in 2-3 years to see profits...
are we allowed to say the whole market it is gonna crash hard? or it is just a correction? lol. who's at fault here? bigger lol. everything responds to information, that is the real power, most people doing smart and "fuck everybody else" moves are institutions and big whales, common investors getting their news directly from a broker or mass media do not stand a chance, they will be holding the bag forever... *cough* jimmy. *cough* so, that credit will come in handy i suppose, at least until the next fraud. 😆
i bought in pretty heavy mid may with the intent of keeping for at least 5 years. i got asked the other day if i was going to dip out with this recent decline. my only response- "is it 2026 yet?'. i still plan on monthly additions and wait this out for a few years.
not letting go !!
i've never understood why people sell at a loss. just hold.
i've just averaged down every dip. nbd.
i started a few weeks ago. i'm watching my money bleed away and i'm just sitting here regretting the whole decision. of course i lose money...i can never fucking win. 🤷‍♂️ i always lose i swear.
i just joined the crypto world last week, and i’m now in a bloody battle. i have been promised cars & planes but now i’m thinking of buying a bicycle 🚴. well i’m here for the tech
i'm glad i got in around a year ago. i've been really up so being deeply down is a little less hard to take.
only thing i'm sad about is not having more money to throw at it right now. it was upsetting buying at all time highs cause this pullback felt inevitable.
all you dudes who bought doge at 60 cents and still holding are the true heroes
got into crypto recently and i'll only lose if i sell now. so hold it is!
thank you for my credit. i’ll hodl it long term.
me and my partner are both waiting it out after giving crypto a go this year.
i'm -25% but happy to keep buying.
how low could the market go? now speculation that a new drop is looming.
atleast we are all in this together.
i'm feeling quite confident that these times are legit manipulation in anticipation of crypto going legit financial mainstream. i'm so confident that i've got several open limit orders(ada, eth, bch) to buy in for another few hundred bucks if the continued bleed gets ridiculous. the ada order damn hit yesterday.
yes, crypto needs to fail. need my gpu prices back
in general, my finances are a bit sht atm but i'm determined to hold my crypto! i was quite lucky because my first ever investment actually made me profit. i looked into crypto more and realised that the earliest adopters got rich, stinking rich. in general i think crypto is still in it is early stages so money's to be made still. in my opinion it is only a matter of time before supermarkets accept crypto as payment and once that happens it will take off. fast food places also like mcdonald's and kfc.
i got into crypto in march and my biggest gain so far was learning how to not get out of bed for a 55% drop. we're in for the long run.
hey, they’re talking about me
i can use some credit, lost all my money in crypto earlier in the year.
yes 3.8k when i started
bought in before the crash and i'm just trying to think of it as now i'm buying crypto on sale... not gonna lie though it is a bit thisheartening.
honestly, i know it is down but not how much. i have not looked... because i know it will settle out and it is gonna be great. i have other things to manage, so fussing about that doesnt make sense
ive lost about 40% of my initial investment, and im gonna do like george costanza! im gonna ride it to the end! i either make money or lose it all!
and this is why i never look at a graph of my portfolio. i just look at the numbers and im like oh i had \_something like this\_ before.
thanks. i got in during the rush after the first gme spike. i was having some glorious green pastures for awhile there. wish i hadn’t been quite so aggressive when the market is up, cuz i can’t afford to buy more when it’s down. still hodling though. i just found out about nano, no idea how that’s not one of the big players right now.
i wish i buy some crypto now but no cash
yea im down 100 plus atm and have friends who sold on this huge dip and made 18,000 profit. sighs must be nice lol.
i’m down so much lmaoooo it’s fantastic. not selling a penny. 👍 long term for sure!
i bought amp token at its first ath, which was 3 cents in the beginning of february. now its gone past that but still rebounds every now and then.
this is one of my first ever investments as crypto is one of the easiest investments you can have here in my country. the pandemic made me realize the value of personal finance. i only have a few hundred dollars worth because i'm just a student. in for the tech!
i’m not that person. i started with . for a person that needs that , i’m glad i got out sunday morning. 6weeks of research and experimenting taught me 2 things: 1) don’t invest what you can afford to lose. 2) crypto is only a good investment as long as everyone thinks it’s a good investment. 3) 1% of people will get rich from it. the other 99% have no idea what they are doing and will give their money to the 1%. just like the centralized banking ststem.
thankfully i got in early enough that i’m still up on most of my big investments. i take the dips and look at them as a sale
it's the worst thing when you finally commit to something and it goes south fast. i hope the holding pays off and you see your first green wave very soon.
i bought 2 weeks before the market crashed. then i bought again at the bottom. a friend showed me his 5k investment when to 25k in 4 months. i had to dabble in this crypto to see what all the commotion was about. now i'm down 50% overall. i was asking myself the same question this afternoon, questioning if i should just cash out or hold. my commitment is to hold as i believe there will be a surge at the other end. but the question is when?
i remember buying my first bags in 2017 just before christmas and managed to day trade my way through the subsequent crash to -95%. (so i had 5% of my original investment left) still at least i followed one sensible rule: i never invested more than i than afford to lose. so i chalked it up to experience, put it all in one sensible coin and ignored it for a few years. cue now, even with all the blood in the streets i’m actually positive on my very original investment. what i have learnt from all this is don’t panic, don’t try and day trade your way out of this, just hold tight. investments are long term things. oh and still the golden rule: don’t invest more than you can afford to lose.
was the same for me back in 2017. bought at the ath and have only known red graphs since then. but as shown this year, sooner or later it will rise again, if you are holding for the long run, don‘t even worry about it
i fomoed at ath on ada 2 days before the crash but i'm hodling because 2018 crash was a lot worse and crypto recovered that is why i am not scared at all.
there is not much of a choice if your portfolio is down 40-50%. but what i am doing is dca-ing this shit with every spare dollar i have (nothing i cannot afford to lose) whenever i see a chance and right now that is all the fucking time.
try think of it like so. imagine you have . if the market had not crashed in may and your previous investment was up 10%, would you invest more? if yes, then your investment coin of choice is now thiscounted. the question now becomes, will you invest at this thiscounted price? after all, you were happy to invest when the price was much higher, right? you've decided to hodl. now perhaps consider accumulating. you might as well enjoy the thiscounts as you wait for the next bull run. a win-win. apparently someone spread a rumour that you have to end things with "not financial advice" or the boogeyman will get you.
down 40% so far...
same here, in for 120k and down 60%. hope i will be able to keep holding as i (by mistake but maybe very costly mistake) took exchange cfd 1:2 leverage. hopefully will keep margin above 50% to be able to keep holding. good luck all out there! as long as i can keep it up i believe in a return as i believe strongly in the tech!
crypto has it is ups and downs. it's just a part of holding a volitile asset. long term it should hopefully all work out.
i'm in the same boat, and i've ironically never felt down about it. i think it is because i fully believe crypto is the future. just excited to see where it goes in the years to come.
good news is you can only go down 100%, but you can go up x000%! as long as you know that money can drop to near zero, you’re in it for the ride.
don't worry, in the 2018 bear market i think i had like a sweet 1 month of profit and then 2 years in the negative. ha!
we are on the same boat friend, anyway my strategy was very clear, hold hold and hold at least until eth 2.0.
my portfolio was down like 80% after a year or so from when i bought in december 2017 and i sold off and invested in something else, if i didnt i still would have made my 1000 euro investment into 4000 euros, if i dca'd when my portfolio was down bad, i'd probably have had easily 8k from the 1000 euros + 1000 more i'd have dca'd in. be patient and dca :) i wish i'd have known about dca'ing back then, bought btc at 14k back then, if i'd've bought 100 euros per month instead of the full 1000 euros at once i'd be sitting really pretty right now.
+1, i’m in this exact boat. in it now, and i figure it’s better to start out with some volatility so there’s no false sense of security! highly recommend only checking once a day max. for… sanity.
trial by fire. good luck out there. plus side is (unless you *need* the money), why sell now? might as well hodl and hope for a change!
are we the same person? currently averaging at £37k price
it would be stupid to sell now. if you ever get feeling down, **zoom out**. look at ytd charts and see that it is grown exponentially. the peaks raise and so does the floor. across the board! most importantly: **keep hodling!**
>it's the worst thing when you finally commit to something and it goes south fast. i hope the holding pays off and you see your first green wave very soon. this is how you know a good investor from a bad one. the successful investors embrace the suck, they power through the pain, they suffer in silence. the bad investors brag about the good times, and then when they lose they get quiet, scared, timid, shaking in pure raw emotion. everybody at my job was bragging about gains like 4-5 months ago, not a single one is talking right now. weak-minded pussies.
sounds like we're in the same sinking ship. i saw green for a day. i'm down around 50% myself right now.
*what comes down goes up* -me
exact same thing. bought in early june for the first time. saw it dip, then bought more... i'll keep doing this every month now. it's money that would go to useless shit otherwise, so why not 🤷🏻‍♂️
i bought in around april very near. obviously i am all in red now but i “invested” really just a change, couple tens-to-hundreds just to get in touch with crypto. the sole fact i have small amount of money in it now that alone makes me interested into crypto technology, news, projects etc. that’s now the fun part for me. i guess eventually it will turn green again and i may gain few dollars on top of that.
^this. see you in 2024 buddy, we can do this!
i've been holding a small amount for a couple years now... might be forced to sell some for a new ac unit... really hurts ngl
i had a couple months when i got in earlier this year where my portfolio was going further and further into the green and it got me hooked…. needless to say it did a nose dive shortly after and i’m in the same position as you! good luck fellow hodlers
i'm right here with you! not my first time, but, it was the first time i came in with a long term goal (18 to 20 years). i set up my portfolio with a 1, and walked away. yeap it is dropped since then. however, my approach is more of a "what is it worth and how much will it be worth later". make sure though you still follow rule 1, "invest only what you can afford to lose".
bought in at may,10 :d
my first buy was in dec 2017. but chump change. i started to dca bi-weekly on tuesday in jan this year. a descent amount. i try not to look at the charts before i buy. but i did and this may sound like bullshit--maybe i will look back on this comment and feel stupid. . .but i believe in the projects and i just felt i was getting a thiscount. i also added a reserve to buy before next buy day in case we really crash. i have mentioned here before that for me it was harder to buy when eth was 4k then when it was 1650.
same here, i just assume the price is down due to citizens under china selling off their holdings. it will go back up, right now china gave us a hell of a sale to average down. waiting for friday which is my pay day. happy birthday to me today. hahahahaha
if it’s anything like 2017, it might take years before it rebounds to where you are profitable. as the months go on, re-evaluate your current positions. try to remove bias from your thinking and see if your projects remain legitimate. everyone has an “i can’t lose” mindset until they actually lose. invest in bitcoin but also hedge against bitcoin. as the years have gone on, i’ve invested in ethereum, a privacy coin, defi, a banker coin, exchange coins, etc. i’m not wealthy by any means, but my overall investment is far in the green even if an investment fails... especially during a bear market. this is because i’ve taken emotion out of investing. i’ve accumulated and dollar-cost averaged down by buying , , . somewhat regularly. this is money i’m comfortable with losing if i were to lose it all. also, always take some profits when you can. figure out parameters for yourself to be a logical investor, not an emotional one. if a coin jumps up 20%, sell 10-20% of your holding (whichever numbers you decide). either keep the profits or buy back in when it drops. understand the tax implications of doing so. welcome to crypto and enjoy the ride instead of hating it.
that's why you do not invest anythong more than you are willing to lose
exactly the same. but i'm imagining one day it will be different hopefully!
you are one of the loyal ones. really appreciate your optimism :)
i am in the same situation. hope everything works out.
48% down for me lol.
mee too, about 52% down (1100€) but i got diaamonds as hands and balls of steel, so its aright. i value more crypto's potential to solve some present currency problems than me getting profits anyway. good luck everyone!
we have each other's shoulders to cry on.
i too bought for the first time may 18
i held onto my iota i got in 2017. finally broke even this year, and held on even more. if you see it as a super long-term investment and do not worry about it, it is all good :)
i definitely feel you on this… same here…i’m hodling and waiting it out... it’s hard though. but, i believe in crypto as the future... so i’m not into it to get rich quick or pump and dump everything. i actually invest in what i believe in. so, seeing the drop in prices actually made me go and buy some more of what i could…then to see it fall even more...but oh well like you said just waiting it out…
bought a lot doing dca in the weeks before the crash. was up 2500. down 50% overall. but still buying every dip nonetheless. being strong and knowing this will payoff someday.
hey man, i’m in the same boat. in the end, didn’t matter how much research i did. outcome was the same. now i guess i’ll jus hold and maybe dca
i started with 25 per week from jan just gone. im 400 down. keep hoding aint no paper hands here
are you me? lol.
well i wish you the best of gains! you got this
i was there in 2017, man. you cannot let it get you down. soon you will feel like a veteran and your portfolio will be in the green.
born in the dip. this guy is crypto bane!
if it makes you feel better i bought some on the peak in 2017. those are now great buys for the most part.
i'm in the exact same situation. no point in pulling out now. i should just forget about it and check back in a year from now ha.
same man!! went in a bit early but i have not sold any. i think it is very important to keep convincing myself why i'm holding for almost half a year now. i'm still surviving but soon i'll also see a huge dip on my portfolio. i'm just hoping we'll get through this and bounce higher but i do not see how that'll happen for sure.
i'm with you, i watched crypto for a bit before hopping in and when i choose to do it, the may 18 crash happens. but it is a cycle and if we just keep packing our bags we'll be on top of the next bull run
don't just wait it out, buy some more and get your average cost down. if you bought at the high you should also be buying at these lows otherwise you're just leaving gains on the table.
dollar cost average is your friend.
only down 40%? lucky guy!!
same here. i bought right before the crash and apart from a few days of a little green, i'm all in the red.
same here... i feel ya bro... now i always have some reserve amount in stable coins so i can buy the dips.
same here! got in at late april. but the positive thing is, due to dca, i have been able to buy more at the same prices as they had early this year. so it is a really nice way to catch up.
same. started in may.
same. im so numb now that it doesnt even matter anymore. guess ill wait 5 years for it to go back to green
so it was you the whole time…
maybe that fact that i started in may – step by step – would learn me what the patient as it is more than other things in the life :)
back in the day i was -90% after only a few months. earlier this year i was at 300% profit. hold!
it may seem tough now but when there is mainstream adoption the prices will explode. whatever you pay now for a good coin will increase in magnitude in a few years, do your research and always have funds available to buy when it is cheap. i got into crypto last year and paid ridiculously low amounts for the coins i have, so even though there is been a crash my original pot has doubled. stake your coins to earn interest and buy when it is low. i've just bought coins for the first time in 18 months because they are too cheap not to!
you are not alone. invested mid may down over 50%. it’ll likely get worse before it gets better. here’s hoping in the long term the 40% losses turn in to 40%+ gains.
same, mine is \~43% down and it looks like an absolute sale is going on as of now. but i made a deal to myself, i would not sell it before 1 year, it is been 1 month now but even if it was 90% down i would not touch it.
better to forget about it and think of it as money you wont see for a while. if you keep checking it you'll just feel bad all the time. much better to watch it when it is rising and rising.
i can relate. bought most of my bags at ath, then it was a landslide after that. may 23 crash happened and was like i either average down for when it comes up or do nothing. selling at a loss ain’t an option. so, i doubled down and continuing to dca every dip...but it seems i should’ve waited for . bought a bunch yesterday and really wished i had waited until this today. on a positive note, i’ve gotten my average down to half of the aths so it ain’t all bad. keep hodling and good luck to you!
just remember that btc has a finite number of coins and those mining difficulty days will come up quick! global adoption happened far greater than 2018 so this lil lull in value is just a shakedown from the whales. boogeyman stories in the papers while the same whale-watch accounts tied to banks buy buy buy
don't sell no matter what. bitcoin crashes and then moves higher like a rocket. it's all about time. check your portfolio 1x every 12 months, you will save yourself lots of stress.
i was down 70% on march 2020 after investing for the first time two weeks before the crash. at the ath i was up by 2500%. you do not lose until you sell.
hang in there and dca if you have a little extra cash. i've seen a few of these, they scare the hell out of me, but hodl is the way.
same. i do not have a lot to invest, just a couple hundred, but i bought in right before the crash. just tossed a little more in while it is low, hopefully it will pay off. 🤞
you've got the right attitude buddy. i was in a similar position to you in 2017 - i bought in at the end of the bull run, and within a week my portfolio was red. it was a hell of a long wait for it to go back into the green. i was so bitter that i did not buy any more crypto until january 2021. if i'd kept accumulating all that time at those rock bottom prices, i would probably be retired now! this is a great opportunity to drop a little money every month and walk away rich when the market recovers.
patience is the key. also more fiat to invest more is another key.
i bought my first crypto in march 1st. i’ve dca’d about 4 grand now and today is such a depressing time to look at my portfolio. but when i got in i knew it was a long term thing. hopefully 10 years from now i will be celebrating march 1st as a personal holiday my life changed every year until i die
i did the same thing after watching it for a while to see if it would drop again. finally pulled the trigger and a week later it crashed. not selling, just kicking myself for jumping the gun.
took me 3 years to see green edit: i'd like to add i would have seen green had i not reinvested. but i totally forgot about crypto with the pandemic and all and did not reinvest until i went back to work and a newcomer was talking about how it was time to invest back in october 2020. so i looked into it again and now i'm doing fairly well
yup pre crash buyer here too. had to learn early on that trick people keep talking about where apparently you do not check the marketplaces. think it helped made me suffer less but i'd love to see some green before the year ends.
same here. urghh so annoying
my ether was down 70% at times when i bought in 2017... i'm now up like 300% now. i was up 600% 2 months ago. tempted to sell many times over the years. don't give up
same exact story for me too. may 13 was the day i started. still holding. just waiting to see what happens at this point.
i’m on the same boat and it sucks
last time (in 2017) my crypto portfolio went from 15k to 110k and i sold after its fell back down to 16k lol. this time i managed to sell btc at 60k and got out of eth at 2.6k still kind of suck that i did not sell the top for eth, but i did much better than last time. i will most likely buy back at some point, but waiting for the market to cool-off.
i picked up bitcoin back when it was 1000 a coin. there were terrible crashes, people panic sold and countries banned harvesting... but i held, and now after 8 years i have a 30x increase in value. if you hold for 8 years imagine what you'll have of this limited resource?
this was me in 2018. long term holders were like "relax, this is all part of the process" which was easy for them to say when they were already up 100k or 200k or 500k on their initial investment, and a much harder pill to swallow for me when i was down 65% on my initial investment. that's a much harder thing to deal with than a reduced profit.
if the cause is institutional liquidation, then the crash has a limit to how low it can go, and there’s every reason to believe it will eventually recover.
it is definitely thisconcerting but you only lose money if you sell. and instead of throwing money away on random crap, i invested in multiple different cryptos. so my advice to anyone that has that empty stomach feeling, just think about other crap you could have wasted your money on. and then ask yourself if whatever it was could make you money. it’s almost always going to be no. so sure it’s down now but you haven’t lost anything and at least you are investing into crypto and trying. like i said, it can be thisconcerting but ride the wave and never sell unless you are up and feel like selling. you cannot lose what you don’t sell.
i was the same before the 2018 crash. still holding, had plenty of opportunities to sell at a profit this cycle but i fully believe in my investments. brought my average down on my 2018 xrp investments to about the .46 mark so technically still in the green. if you invest what you can afford to lose and gradually average down the next bull run will look great, i know it did for me.
im not selling my bat what i paid for 1.2.6$
yep. down nearly 50% myself because i re entered the market in march. only way i’m holding is by looking at the all-time btc graph.
i was down in the stock market after the gme craze and eventually went positive sold moved to doge and now im negative again fun times
exactly the same with me. i am you. i needed to hear that. thank you
my advice as someone who went through this in the last bull run, is if and when the market goes to absolute crap and the interest dies down, you stop looking every day, that’s when you should be investing. i wish i just had a small auto pay set up through the last bear market.
are you me? same exact scenario ugh.
the good news is that crypto is a volatile beast. whenever the market pumps again, crypto will bounce back at the same rates that it plummeted.
just hold dude. i held for years, felt like shit to see it go down a lot, got judged for buying more, got scammed for a couple hundred bucks, gained and lost a lot in leverage trading… just hold this shite and it’ll go up, in a few weeks, in 2-3 years, in 10 years, dunno. i’ve been holding for 6 years and it paid out really well. when i started didn’t plan to hold for more than a year, now i’m here, a crypto freak… don’t feel bad, if you can buy more and hodl.
i put a decent chunk in. then doubled down when it dipped some more. then it quadruple dipped... now i'm stressing out and feeling sad... probably 60% loss right now...
bought during the bull run in 2016-2017. went up 300% and then down over 70% of my initial investment. never sold. still up 2x even in this dip. still keep buying. the best play now is to just dca and get your average buys down, if you can.
same thing happened to me. i threw in 'm sitting around . i was not afraid to lose the money so it is not that big of a deal to me but it allowed me to learn more about cryptocurrency just by investing and reading the charts and seeing what does what and why. i'm still hopeful dogecoin will go back up but even if it does not, i learned a lot through a meme currency.
same here! it’s a bummer but i’m hopeful for the future
mine is down too, but i dont care. it's not for the fast money!
as long as you got bitcoin or ethereum and you can afford to hodl for months or years to come, i'd definitely hold! cheers buddy 😊🙏
view it as a good time to dca. a big crash for new people in crypto should be a celebration. you are able to travel back in time and enter in at a cheaper price.
i had the same thing happen during the last boom. i'm happy i held. barring any major negative news like europe or us banning, i think we'll have more boom.
mine is 60% down
i am you, but from 2017. bought more or less at ath, watch portfolio go to -85% in 2018. just held it, checked once in a blue moon. stopped checking in 2019 and just waited till i heard coworkers start talking about it again in early 2021. look at portfolio, well fuck me, up over 250% alright guess i'll buy more.
same here i started right before the may crash. bought more bitcoin yesterday though
i bought about a month before, i’m getting my 50 back no matter what
fwiw, i was like you a few cycles ago. spent at least a year in the red, thought it was the stupidest investment i'd ever made. i'm still significantly up now, despite the crash - wait long enough and you'll be fine
me too, brotha. it hurts, but i still believe in the long term vision of specific currencies. best of luck to us all!
if you want to feel any better, in 2018 i had about 120. then bitcoin crashed back down and it was maybe worth 30$? fast forward, i just checked about 2 weeks ago, and its just shy of 1,0000. i just forget and hodl for dear life.
yup all in eth at 4k for me🤣
started in december last year dca on btc and ada, bought some others which are down like 60% bought extra today these are the days i am feeling really bullish on buying
easier to hodl when you believe in the fundamentals, that’s what helps me stay strong
same boat. up for a month, down ever since, sticking it through. still throwing a little money on the dips.
same, i bought all of my crypto a week before the crash. lifted the extra savings and convinced my wife we make a killing. lol, oops, thankfully it was not a big amount and it was destined to go to a 1% savings account so hodl...
i bought in just after the first dip. at first i could not stop looking at it but just a few weeks later i barely check. looked yesterday to see that i've lost hundreds but i'm lucky i followed advice and only invested money i would not need any time soon. all we can do is wait, as long as the projects are good they will rebound at some point
i’m in the same boat! never seen it in positive. felt like pulling out but it’s too far now, let’s ride it.
wait till a year passes and you'll be like fuck man wish i woulda bought more when i got in at ,000 lmao
my .02c, i got in around 2017 at the “height” of the market at around 16-18k. i still can’t believe i rode out the crash down to 3k but here i am. still buying dips & hodling like a mug. edit: hodl. if you truly believe in this, think long term & it will pay off. ✌🏼
i doubled my position a few days before the crash. respect the diamond hands
boss move right there is to buy more now when prices are lower. you'll thank me later but you may have to wait couple of months so it is only a patience game.
same for me, plus a stupid investments on coins on the way that i thought looked good (icp), but lesson learnt on that and i’m convinced that although the good ones are down they will be back up one day and will fix the few quid from the bad ones. continuing to dca a few quid a week, and actually quiet happy it’s dropping at the moment as it’s all going to lead to better profit when it does recover.
anyone getting into crypto should expect to hold through one bear market before they see any real gains. that was my expectation & i just hope the long term patterns havnt changed too much yet.
if you do not plan on selling, you might be able to put it into celcius or blockfi to try and at least make some returns while you wait for it to recover.
i feel you. i have invested almost . i keep putting a little in when i can to try and cost average down, but the large initial investment () was right before the bear market.
yeah i keep seeing posts like this and it makes me wonder- as a first time crypto investor this year, what else could i do? sell half my life savings at a 30-50% loss after a couple months? holding seems like a no brainer, even if seeing all this red hurts rn
i almost sold a few coins today but then i thought it would not go any lower now, i think it was a good idea and i was about to sell at the bottom
same here, trying to do some dca, hoping for the bull run to pick up again. cryptosrus' yt channel has been a good source of hopium so far.
i also have not been in long, since feb, and was adding into aths. i check the charts multiple times a day, but i get this weird feeling whenever i see red... i just want to impulsively buy more. is this what hodling feels like?!
absolutely same. i might check graphs once a week or so and catch up with weekly news to be aware of the situation. what helps me most to save my nerves is to not check my crypto balance at all. i bought some crypto and that is it. if i feel i need to short, i'll do so. if not, i'll buy a little bit more. mental health comes first, wealth comes later.
man i can relate, it was my birthday on may 17 and as a gift the whole market started crashing
yeah this is me. i got in in december so i was able to get some profits realized but at this point what i currently have invested is a big enough loss it’s not worth taking the money out since i was ready to lose it all anyway. i’ll start stacking up and wait for the next run in a few years.
that's how i see it, i'm just gonna hold on and we'll see where it goes.
i did not make money in the bull market, send help
very true! just going off of the past and the growth of crypto, the prices of projects like btc and eth seem like no brainers to me.
and get lost in supermarkets!
i get crypto rich in bear market and fiat rich in bull market, i am always rich that way
green pixels later, my fellow adopter. if you are able to hodl for long term , i believe you will be rewarded. hope this ages well.
you deserve it so much for your "quality" of loyalty "brian"
it's not the profits, but the coins you bought along the way to certain apocalypse.
someone smart said you should buy when others are scared. i think it was warren buffett or someone. this is the time to buy so that next time it shoots up your not one of the ones saying "oh man i should have bought more"
some of my coins never reached their 2018 aths. rip.
stay strong fellow sunk cost brother
i keep thinking about the day it all turns around and the profits from buying this deep in the red come flaring back. then i think about the possibility that it does not come back. i keep telling myself to stop buying and just hodl, but i keep buying when i see an incredible dip (like today). fml
it's also important to remember that you have not lost anything until you sell at a loss. you might hold and end up in the green. but you're very right, everything is a lesson as you go.
i would advise that you stick with investing. investments done right will guarantee wealth
exactly the same here. finally decided to buy in with a good chuck in feb then dcaed all the way up to the ath. i definitely wish i had the fiat buying power i had in feb right now, but all i can do is to keep on dcaing. but even in hindsight, im glad i bought when i did. had i bought my first btc now, sure, id have more btc, but i honestly dont think id be jumping in for the first time after a significant pullback. i dont think anyone would. at least i finally have btc now. i guess all i can do is to wait for the green in the next cycle.
i'm the same boat as you. still buying!
i missed the .00 ada this morning because i thought it would go to $.98. i literally changed my limit order at .01 thinking it was not going to stop... smh, i guess it is true what they say. you cannot time the market.
yes, hurray for us…
i've seen so many people sell and swear off of crypto that i think they definitely deserve recognition!
gme back in january taught me a lot about holding. held down to 40, still holding. it's made a difference in the way i look at all of my investments, including crypto. buy now, keep buying, dca for years.
i remember when my comfort was , then it was , then i was happy at staying above . then it was at . now i am at an atl with it dipping below ...
same - i’m all in on miners. i don’t even look at the app anymore. no reason too when i know i’m getting crushed anyways.
same dude. started in apr. bought some during the may dip to average down. but still in the red.
yep watched my portfolio ride up above 80k and back down to 25 so far lol
mining difficulty for btc has gone down a lot because of the move, should pick back up after it is all done i'm guessing.
stocks do not regularly drop 20-40% over a week though. like they do in a major crash but for crypto that is just a tuesday.
yup, me tooo. i've setup reoccurring buys, hoping that i'm buying low and in a year or 2 it will go higher than now.
you've got this! lets hope we see green again soon.
my company matches 403b, so up to that 5%, it is match 100%. can't beat that return right out the gate. that's my safety net. if i only have my 403b money for retirement, i'll be able to live my life. bitcoin is for extra fun. and given it is short track record, i'm not conformable putting my entire retirement in its hands. there's a chance i'm miss out on some profit, but i'm not that comfortable with risk for my whole retirement.
not taking profit was my biggest mistake. still just up (last time i checked at least!), but i could have easily sold off some alts when they were up, but i got overconfident - like many others. we'll know for next time ;)
good job hanging in there!
there better be some gains, getting blue balls from these diamond hands. d:
as much as i appreciate the sentiment; we're getting too many of these *feels* threads since may.
congratulations you get one credit token from some stranger some place on the planet 8)
this fact alone gets my heart racing 😁👊🏼. all the big dips look the same. i just keep buying them. 🤣
well lets hope that after a year you'll be looking at very nice profit :)
seriously. after one day, we made . i told my partner we should have put in 4 times as much and made an easy 1k. the look she gave me was like “fuck no, we’re not taking that risk” all while only saying “you can with your money”
then buy when it is cheaper. honestly 30000 btc is really overvalued i'm looking to buy at 20
it's not a loss until you sell, or the project dies and never picks back up again.
hold the line diamond hands slurp up the dipporino i just aped in letsgooo bois xrp 2000keoy
i also got in in march, one of my coins is still 3 times up on what i paid but rest are down. agree with everything else you said! hodl and buy the dip! but... use spare money you can afford to potentially lose. (also do not be investing in no shit coins right now, lots may die during this drop)
good for you buddy! let's hold and hope for a nice pay off.
but is the cycle over yet is the real question.
right? we're pretty much forced into holding, regardless of what the initial plan was. i was planning to hold for 3-5 years, so i'm good either way the market goes. i cannot imagine panic selling at a loss though - who the hell would actually do that and flush money down the toilet is beyond me.
no worries jonny, good luck with it!
you'll be fine. i personally dumped out because i prefer that, but just ignore things for now. i think r!
would you mind explaining to me how you got the eth mining going? i downlaoded some software but i cannot make much sense of it.
don't you pay way too many fees with daily dca? seems smarter to calculate the amount of your dailies for a month. then watch the market each month for a good opportunity to buy. edit: or even weekly dca would save a ton on fees.
in gme... let us see how this ages remindme! 2 weeks "lol"
it only feels like a scam if you have not been in it for a while. these prices are still up when looking at a 5 year chart. obviously not true for all crypto, but plenty of people who were in early still have solid investments. i was in in 2018 before the "first" big crash. bitcoins all time high was close to where it has fallen from. think of where they will be in the next bull run. assuming it is not a full on crash. i only put .
went from +80% overall on all investment to go down to -60%, cant sell wont sell, if i need to wait few years to spike a profit, let it be this way, i believe in the comeback. im an amc ape and what it taught me, if you believe in your investment, stick to it. edit: added another 20k for that tasty dip, couldnt handle myself lol
i better see that green wave soon because i am tried of sleeping on the couch and eating kidscusine as a punishment
got in with roughly 3.5k on january 5th. by late april i was sitting in what i felt was magic land. these last 6 weeks hurt, but the rule i stick by is "never ever sell at a loss, if it is money you do not currently need, leave it there". in fact if crypto did not turn me into such a manic candlestick watcher, i'd forget about my portfolio and check back in a couple months from now.
as long as you did not put in more than you can afford to lose then just assume it is going to be *awhile* before you're gonna wanna cash out. it could be weeks, months, or years before we're back to the ath.
thanks for the words! the golden rule is also my number one rule, i hold myself dearly to that, so i'll be fine. day trading is not my cup of tea, too difficult for me. your advice fits my original plan of just holding, so that is what i do
truth. i did the same. 2017, forgot about it all, 2021, still way up despite the crash. having practiced holding, seems like the most sensible thing to do now. best of luck to us!
i fomoed literally the day before the 2018 crash and did not put a penny more into it until i fomoed weeks before this crash. unlike last time though i've doubled my holdings since this crash. i learned my lesson.
ada will do fine and if there is any particular crypto that is long term its ada. its the slow and steady wins the race crypto. they're focusing on reliability and scaling.
if you check ada is doing great during this crash compared to other alt coins.
and just like that my amazon shopping addiction is cured! replaced with crypto lol
yeah i bought some during this recent dip so i'm content with that. i am careful with investing though, so for now i'll be waiting a while. good luck to you !
yup, same here...and yes i get it "never invest more than you can afford to lose" but it still stings because that is your hard earned money. not like i need it to survive or anything, but damn is it frustrating (at the very least the hindsight knowledge of how much more i could have accumulated had i bought everything now and not in the prior months). i could have also used this money on vacations or on other things for myself but now it is just gone.
you and me both. i've seen how high crypto can get and right now it is all on sale. i bought some on the way down but we will pass those numbers again too. to me this is a high yield savings account and it is money that i was going to blow on bullshit anyway. instead of spending my money on going out or random crap i'm putting it all in crypto. i'm riding my bike more instead of driving, i'm staying in and cooking instead of letting my food go bad while i go out and buy dinner, unsubscribed to every frivolous service that i use. be greedy when others are afraid and be afraid when others are greedy.
i like this approach. i'm looking at my crypto buying so far this year. i finally jumped on board the crypto train in january after being on the fence about it for quite a while. if i could go back in time, i'd tell a younger me to buy it several years ago, but there is no time like the present. i'm looking back at my purchases and i've bought consistently each month. right now i'm working on lowering my averages so when the time comes i can make more money. right now i'm looking at my bitcoin purchases averaging at 45k, eth averaging at 2,400, ada at 1.2, and dot at 22. i'm down across the board, but these are projects i think are good. i'm good to buy into them more right now on the dip and lower my cost per coin. i'm hopeful there will be an uptick over the next few years.
now the thing is: what if you've been accumulating and you're all out of accu to mulate? dang i thought it would go up after btc broke the triangle and bought in. i did not see the third leg (or second leg of eth, actually) coming and got a bunch of up coins, plus btc and eth of course, and now my portfolio is down around 50% or so. feels really shitty. i even watched the market and since i missed the first bottom i decided to wait to get in only when the pattern was broken to the top, but i guess it formed a different pattern and my ta is shit. i mean, selling now would be even shittier, but i really think i should not look into my wallet for a month or so. there is not anything i can do now, and after i lost a bunch on gme and amc and watched them fly without me now, i now know the virtue of patience. still sucks.
exactly. i bought into btc at 45k expecting it would eventually go up to 100k (and beyond). the fact that it is on an even better sale now does not change my belief. of course i wish i had waited and bought in now, but i still expect it to rise eventually and plan to just ride out this dip.
this has been precisely my mindset. i began investing into algo in january. i'm still holding everything i've purchased, and i have continued to purchase more in the big dips along the way. i fully support the algo project and believe it has superior potential in the coming years to facilitate global financial transfers at break-neck speed. these drops have not scared me off!
imo crypto is the future. i'm dumb tho
those are serious numbers! good luck back to you, we're in the holding part for a long time for now
good luck!! stay up!
it is a chance for you to break out, just not right now. if you hold.
same, when my portfolio was basically cut in half it was just like "ok i guess i'll have to wait a year or so for gains now. oh well." my sister, on the other hand, had been listening to me talking about crypto for a few weeks and was so not interested until i told her about the crash. *then* she wanted in. she always was the smart one.
yeah i think a big part of it is that i've invested an amount that i put aside specifically for crypto. therefore i'm fine with this volatility, because it is kinda expected. just came a bit earlier than i expected hah...
clearly you didn’t buy into forth when it was at :d :d :d whatever, i just liked the name & it sounded trekkie. lesson learned. i’m with ya though— who the heck knows? my portfolio is as diverse as the great pacific garbage gyre right now, and i’m excited to see where it all goes in a few years!
i'm on this bumpy ride for a long time !
this the most glass half empty’ve ever read lol. love it
100%...unless you're leveraged. ;)
this is the eth play.
most people that entered crypto this year is in a similar situation. i do not even have the exchange app anymore. just straight up hodling
at least we'll have some experience for down the road, that is true!
you know the saying... buy when everyone is selling, sell when everyone is buying. hold man. you'll be ok if you can afford to hold.
i only check once every day because i like to have an excel sheet of everything and i put in the numbers. of course with something as volatile, sampling once a day is pretty bad, but in the long run i get a roughly okay picture, and it is neat seeing all my investments at once rather than checking multiple charts online.
yep that is exactly what i'm doing!
so er must have started nearly the same day... sellibg now makes no sense so just hold on i guess
you future self shall thank you for hodling through these difficult times
that's tough, we'll just gotta wait it out! i'm still excited
same here. it will be back up. this will look like a little peak and valley on the chart in a couple years
same here, thought i was smart for buying thiscounted goods yesterday, turns out it is even cheaper today oh well 🤷‍♂️
see you on the other side
i was just about to say 2024 will be our year! just keep tossing your fiat at it every month from now til then. we will be sailing the high seas during that time.
hey ac is important it’s hot out there!
yeah it is my crucial rule for life, i'll always hold myself to that. i'm applying the same line of thinking, let us see how much it will be worth in 3 to 5 years and then move from there, if i lost money so be it
welcome to the pain train!
nice on you that you got in that early, hats off! i also put some money aside in case we really crash, otherwise i'm done for a while. i'm with you on the thiscount part, that is been my way of thinking too
this is excellent advice.
luckily that is exactly what i did! probably why i'm also not stressed out about this crash
believe you me, i do not just invest any thong, i only invest in thongs i can leave behind.
thanks for the kind words! always knew this was likely to happen so i am prepared for the long haul. good thing is that i can lose the amount i have invested, it would suck but i'll be fine. it has been really exciting to follow crypto so far. hopefully for the both of us we'll eventually trend upwards
that's the goal! kinda crazy that you've been in here for 4 years, good luck to you
it's about 50 to 60% by now probably, we're getting there
it's makes no sense to buy a volitile asset and drop it the first time it is down a lot.
[sell, rebuy around the same price, and use the loss to reduce your taxes.](
same… previous ath’s were always followed by even more explosive ath’s. i’ll think of selling only when btc hits 100k. plus we can’t really predict when the bottom is. but we know that bitcoin and ethereum etfs might come soon, and that will be huge
average down if you can and wait for the 2024
i dumped 60k into bitcoin starting in march right up to the may crash. i scraped together another . what else can i do?! i'm a genxer i do not have time to just write it off. i'm probably done for the year accept may some small monthly buy of 200 maybe 300. i'm right here with ya.
honestly could still go lower, theres really no way to time the market, especially crypto. not trying to fud, just trying to be realistic. while this isnt financial advice, i do suggest that noone takes risks they cannot afford to take.
i got in around min feb & have been impressed with the impact dca has had on my average cost. now if the floor could quit falling out from under me every time i buy that would be great.
what are buying-ing mate? can you suggest me some coins? coz tbh i bought a lot of xki & atom recently. any suggestions?
same, those are the two i am buying and feel confident in holding for the long term
financial freedom are the coins we bought along the way
thank you sir! i started investing last fall, but went heavy this spring. i actually bought a full eth at over . i'm still questioning that decision. i'm still buying. every dip, i pop in another . i'm starting to waver though. this latest dip is scary. (bought btc and eth at 29k and 1700 this morning)
what irritates me is the people in shit coins claiming the whole thing is a scam and getting because they bought doge and it’s crashing. like apples to oranges man. i liken today to the dot com bubble. sure it’s an overinflated bubble that rose all prices beyond what they’re currently worth but some of those products are google and will ride through the storm and come out stronger and others are like fucking meatspin.com and we’re always just a joke with its moment in the spotlight. lumping them both together because they’re both websites shows a fundamentally lack of understanding of the product at hand. everything crypto isn’t a good product but blockchain . it’s your job to figure out which is which.
this is why you sell instead of hodling. selling early is always better than losing the money you might not have gotten back. always take profits people
i feel you. i’m in the same boat. now i just need more comfort beer. lol
i was up to 160k, down to 48k.
tell that to my seel. everythings going great, one analyst comment lower than expected pt and off the cliff we go. tell me that aint familiar
i will take that everyday 😆
thank you kind sir :)
"overvalued"? it's imaginary computer money tied to no economy, how is it overvalued? i'm not saying it would not drop, it may well do so, but 30k or 20k, it is not tied to anything.
yes it is, we are going to see btc at 10k this year
go to r. other good one is r. good luck!
the fees are %… so it doesn’t matter. if you buy for €10k in one purchase or 10 x €1k purchases the total paid fees would be equal
i only invested some beer money over time; just put in a couple hundred (mostly in algo and eth) on this recent dip because, worst case, i lose like a week’s worth of pay at minimum wage. as long as you don’t invest money you know you’ll need, it’s fine.
same. finally pulled the trigger on crypto this feb. vet, eth, (btc later). whole portfolio down about 60% as of this morning. decent investment, but nothing i cannot afford to lose. still hurts though. i tried having 💎 ✋ during the whole gme saga but sadly i could not muster it and bailed before the ship really came in. not making the same mistake twice. i see the awesome potential in each of these projects (does btc count as a "project" anymore hah?) i know history does not repeat but it often rhymes. i know our crypto ogs have been through worse than this before, many times before. we can do this. this will pass with time. and as ben cowen is so fond of saying, "time is on our side." i'm a new investor and i'm hodling.
yep, similar here. down about 70%, but luckily it’s not money i need right now so i’ll be sitting on it until things change. it’s definitely not easy seeing money ‘thisappear’ but my advice (if you can) is just to sit tight. i know it’s almost cliche at this point, but zooming out helps me a lot when i feel down in a hole. good luck to everyone going forward!
tru i will never sale again. in the internet bubble i was young and thought it was over so i sold. 20 years later i would have been worth millions today. do not sale!!!
is is a great point to only invest in things you believe it. great mindset.
ape respect ape 🦍. ape also an amc ape. apes together strong
another 20k of? shib? 😄
-username relates to gambling -amc -bought crypto in q2 2021 checks out. welcome to wsb.
i bought into that magic land back in april, but i took some good advice...you're never down in crypto until you sell at a loss...so i'll hodl and buy the dips. it'll bounce back.
if you inverse what your gut was telling you before when you fomo’d, you just may be able to predict the height of euphoria before the next “crash”. would probably be a good time to take some profits so you can buy more on whatever dip is to come. people always over-leverage and get liquidated when the fud comes knocking.
seriously lol, my spending on useless junk has evaporated. now every spare dollar goes to crypto. red bull alone was costing me like 60 bucks a month. goodbye energy drinks!
def better for the world and worse for bezos so i support this move 😎👍
same here, no more buying useless shit but dcaing crypto
crypto is better i had bought a ton of records but crypto would have been better. most of the records i have not had time to play.
right? haven't seen the delivery guy in weeks. no more shopping, but saving all my money to buy the dips and invest more
should have bought amazon shares 4-5 years ago... my wife spends so much we should have shares in it by now
don’t invest more than you can afford to lose, they say...i don’t know about y’all, but i don’t have thousands of dollars laying around that i don’t need. anything i’ve invested has been small amounts over time that i’ve sacrificed buying things i don’t necessarily need to live to get more crypto. my money is usually pretty tight. i go without a lot of the finer things in life. i spend money on crypto in hopes of improving my quality of life one day. so, when i see the portfolio i’ve sacrificed for months to build up rapidly crumbling, it doesn’t feel good. it’s great that some people have everything they want and need in life and have tens of thousands laying around to invest, but that’s not my situation. i’m hodling because i have no choice at this point, and my heart sinks a little more every time i check the charts.
i bought 1 gme for fun when it was already at a high price when all the hype was going on and told myself i wouldn't sell it unless it hit , it immediately went down and stayed there for a long time, but there have been a few instances where i could have sold it at a bit of a profit. if you did not invest more than you could afford to lose (which is rule number one right?) you wouldn't have felt the need to sell gme at a loss so a stark reminder that it is a good rule, i guess.
yeah, i bought mine beginning of june. wish i'd just waited...
i bought it at 56k. not too worried about holding for the long term through the volatility, just bummed that i could have gotten so much more than my tiny tiny tiny slice of the pie if i had purchased the same amount now. i'm hoping it all works itself out in the end
or is the move to wait a bit longer for it to drop more, then buy
why build people up with false expectations. plenty of time to buy the dip its going to be 12-18 months...
just buy below 8k
thx!! survived today :)
be prepared, bear markets in crypto can last a long time. i’ve been in and out of crypto since 2016 and only really made significant profits selling at the top of this years run
yep, we’re here for a long time not a good time!
but how are you buying more then?
you and me both!
that's it. hold the line for now
exactly. i deposited some euros on friday, was kinda happy binance only received them on monday. but then last evening it dropped even more 😆 seems like a better time to enter than before the massive gains though. i was gonna hold for a long time anyway so it can stay at this price for a while. means we have some time to catch up and accumulate a decent amount of coins!
yeah i’m sending about £10 a day just from mining into it to dca my stupid entry point
true, i'm just hoping it is not expensive.
my free gift to you for your kindness!
thank you! i know the moonshot boys don’t want to hear advice like this, but it’s something i wish i was told when i first got into the crypto markets. everything i hold is free money at this point because i have made sure to get my initial investments back
ya same! i'm not emotionally invested despite being in some deep red, as a newbie i'm in it for whatever lessons i'm supposed to be learning. and maybe there are no lessons, but any money made is a just a plus for me ☺️
it's also what i did, but i'm still stressed af :p
you too! you just have to keep reading and basically realize that there are a lot of institutions that want to buy up as much btc as they can and there is a serious liquidity crisis. despite the recent down turn there are still a ton of us who are diamond hand hodlers who just keep buying more. they hate this. the amount of fud that you will probably continue to hear is designed to scare you.
exactly. it is a no brainer.
oh dear please do not take financial advise from me, i fomo'd on at first doge x'd though i picked up a few others as well, polygon matic, harmony one and cardano ada seemed to be good projects, got some ethereum because of the update that is coming, some nano and iota because the network fees are really low and the speed is high, some venus, some cake, enjin, vechain, yfi, rune... i forgot why i got some though i put only something like 100 to 200 bucks in some, probably a bit too spread out. got some shitcoins as well because i'm an idiot. :d sent some money to [ on a gamble.
something like eth is fine to hold though, it’s not like eventually it won’t break ath again. just don’t put needed money into it haha.
i sold . not mad about it.
similar here. up from 20k to 120k, back down to 30k. also my portfolio went from 3 btc to 1 btc. yay alts.
so exchange fees right? what about gas though... do you just leave it in the exchange and move it all periodically? also i think maybe i'm getting bent over and fucked by coin base - what exchange do you use?
i invested 40k$, right now down to 14k, from the top of 72k, swings are insane, but there are people with much bigger pockets who also are hodling i believe
this comment needs to be upvoted 🚀🌝
i do not think the big coins are going anywhere and will recover but meme coins may be toast.
dude, i bought 1,000 aapl under .90¢ in like 1999 & sold them a coupe years later for 2.5x profits bought 2.5 btc at .25x profit my lessons fucking learned…. hodling is what is most likely to make you wealthy.
hope you sold yahoo tho.
it definitely will. my daily hopium is reminding myself "there will only ever be 21 million btc, you are in the 1% and if crypto is not going anywhere, we will all be very happy by the end of this decade." this momentum shift looks and feels very manipulated and institutions are buying in the dark. a rally is going to happen soon and it is going to be enormous.
cutting luxury spending and channelling that money into crypto is the most satisfying feeling in the world! i used to buy a sandwich & a drink every working day for lunch, and that was about £80 a month - now i'm buying a little more eth or algo every month and it is so addictive watching it build up.
[who wouldn't want to give money to this guy](
and no more boxes to break down and recycle! were saving the planet!
yup, i feel you. i wouldn't say i'm tight on money, but i definitely do not have thousands laying around that i can just invest unnoticed. what i've put in has been hard earned and like you i've sacrificed on certain things in favor of accumulating crypto. i hate it when every response to someone being anxious "do not invest more than you can lose", as if i do not care about a portion of my savings crashing 50% in a month. sure, i'll survive even if i lose all of it , but that does not mean i should be totally unconcerned. i hope the markets turn in our favor soon friend, good luck to you.
it's not only the need, it is also the question of whether or not i expect things to go up again. i did not, so i thought ok the money is better spent on something else
and it is possible those of us buying now will be saying the same thing in a week. or a month. if timing the markets was easy, everybody would be doing it and making money. crypto is a young market with lots of volatility and a high level of unpredictability. let's celebrate the fact that we're all pioneers willing to play this game, and have some faith in crypto as a technology. prices will bounce back.
perhaps. the predictions btc might drop to , are not they...
could be said you made money in the bear market, so the longer the better.
low on fiat. can't buy now
you just pay capital gains on whatever gain you have from when you re-buy the asset.
yea i move them off once a while. i use different ones but primarily binance. check out coinbase pro - different layout but lower fees
i’m the same as you buddy - let’s hang in there
i have invested … currently down to like . by the way i first got into crypto in mid april lol 😭
my crypto portfolio isn’t even close to ,000...yet ;)
yeah shit flopped down from quarter mil to less than 100k... pain
same here...thousands in vet, down 60%...see you in 2025!
wow... that's some mad swing indeed. hope it works out for you
same was sitting on 95k at the top and now at 45k not fun but still took some profits at the top. i’m in it for the long run. good luck buddy
we keep seeing these big investors pouring millions of dollars into btc. i'm guessing they know things we do not. when in doubt, follow big money.
kinda in with the same amount :)
and im stressing and loosing sleep over £1200
i'm in for a fair above your listed amount. and it is hurt to see the swings. also tnx elon? not really... we are in for the long run. it's hard with a fam to think how much i could of had...but after dumping some during 2017 and previous dips. we said nope. not again. we gotta not panick again... we could of retired by not panicking... we (my fam) made a pact to hodl with crypto for at least 5 more years. . we hope we go green again. it's a lesson in thiscipline tho. we jumped before in dips from panic. ...and lost out on the new higher highs... also we could of jumped at the new highs. but i believe the market is young and has growth potential . something banks do not have for us plebs.
vet is not a meme coin though. do some research it’s a great project. been holding since feb 2020. my investment is up 2k% went as high as 6k% before this crash. my only regret is not selling then and buying back in now 😂
yes but i guess the point that needs to be acknowledged is that the capital gains you would pay in the future, as i understand, is going to be far higher (perhaps double depending on your buy prices) if you do this. therefore it is not outright better. you may gain on tax now but you'll lose on tax later. to explain this with an example, if you bought btc at 60k and held through this dip and the price goes up to 90k in some months, you would pay capital gains on how much the price increased (90k final price - 60k buy price = capital gains on the 30k increase). whereas it you do this trick to rebuy when you're in loss, let us say while the price is around , you may get a tax offset now (depending on your countries laws) but later on, when the price goes up to the aforementioned 90k, you will pay twice as much capital gains tax compared to if you just held (90k final price - 30k buy price = capital gains on the 60k increase). feel fee to correct me if i'm wrong.
hodl on and we’ll all be rich together
i was fine with losing , but waking up and losing another .
same. i split . may be time for me to buy this dip. i can’t simultaneously be annoyed for not being able to buy this stuff “when it was cheap” and complain when it becomes cheap.
my god, where are you people getting this kind of cash for crypto?
right, so these are the scenarios: 1. buy 1 btc at 60k, sell at 90k and pay ~20% on the 30k gain. 2. buy 1 btc at 60k, wash sale at 30k, sell at 90k and pay ~20% on the 30k net gain. the benefit is if you are not selling that specific asset but have other tax obligations in the same year. so if you plan to hold bitcoin forever, you can harvest a loss on your bitcoin, report that, and reduce your tax burden from any other assets you've sold that year. without getting too deep in the weeds tax-wise, you can also offset up to 3k(?) of income taxes in a given year.
you didn’t “lose” it. it’s just loaned out to the crypto gods right now. you’ll get it back plus interest if you’re patient!
this perfectly describes how i feel. i constantly hope for the dip to buy, then when it happens i think "oh god, i'm ruined!"
same here. i bought in when btc was at 40,000 (cad) and it rose steadily after that and i was buying all the way up. i’d look back at end of january prices and think “should have gotten more when it was 38-40,000… well now it’s 36,000 lol
i have bought the dip so many weeks in a row that i cannot afford to buy this dip and i'm fucking mad about it lol
this will not be a long dip, it will go back up and it will go back up with speed. it is just people panic selling out as they have no confidence in their investment and predictions. once they realize the mistake they made, they will all come back and with more.
this. it's just a mental hurdle to get over. quit focusing on "losses", especially unrealized ones. perspective you want is either your investment goes up or it goes on sale. once you see it this way there are no bad days. the only way this does not work is if you buy into the fud and lose faith in crypto. then the institutions scoop up your cheap crypto and get to sell it to someone else at a nice markup.
yeah, i cannot do much, just tossing a little bit at a time. bought some btc and doge while it is low, hopefully will pay off.
entered in early 2017 with far less
look inside your couch, you're bound to find a few doge.
i can’t even imagine. i haven’t sold at the hight when just one coin was 180k... now it’s less than 20, but after living through horror of 2018 i am feeling optimistic. you gonna be on the moon for sure if it slingshots back
yeah i mean it’s also another good reason to abide by the “don’t invest more than you can afford to lose” advice. if i invest my whole life savings on this then i have no cash to buy a dip. i pretty much just invest what i used to blow at bars or strip clubs anyhow.
oh sweet sweet summer child
could you buy me a time machine?
i prefer to be blown at the strip club...just my $.02 ' lmao
a lot of people are learning that lesson this week. this is such an interesting time to be in this. it feels like the end of the gold rush.
this. i'm just cutting down on what i normally spend on weed & beer. so, imma spend 200 every paycheck. better to spend it towards something that might make me money than to spend it towards something that will definitely make me feel like shit in the morning 🤷🏻‍♂️😂
please lend me the time machine.
wonder if he left his family instructions on how to access the bitcoin
the cynic in me views any young crypto whale death as suspicious.
wait, he died “off the coast”? was this a boating accident??? 🤨🧐
the reports of my death have been greatly exaggerated
that is sad. i dont care if hodler or not. 41 is too early
a polish guy named mircea popescu? that's like a french guy named vladimir ivanovich edit: some of y'all are missing the point, i know it is a very romanian name, that is the entire point of my comment
it’s gonna be crazy to see what one of his main address’ is worth in the years to come. it still completely astonishes me that there’s btc out there in deceased addresses that can just never be accessed again.
so where do the coins go?!
i used to chat with this guy all the time on irc. i’m pretty sure he’s romanian. he was a complete jerk but often correct. always plugging his platform but so was everyone else back in those days. he loved to call every new product and mining operation a scam, which was unfortunately more correct than not. we were playing with insane amounts of money on the crypto graymarkets and didn’t even know it. so many ipos, pump and dumps, promises of new miner or mining ops to invest in. i remember talking with him when btc crossed , his response was, “i think any of us who are even a little bit sane cashed some out.” ahhh… nothing like losing a small fortune. good times. rip mp, you beautiful asshole.
so he just drowned huh and mcafee just whacked himself out
sure...wait why is his address sending coins posthumously?!
i’m also gonna spend a year dead purely for tax reasons. ![gif](giphyd2z99crtqnneyzmwdownsized)
imagine hodling a billion dollars and never spending it because it would be more valuable. remember to take out some gains and enjoy life people.
so young, feel for his family. realistically many will live double this. rip
rip, i wonder if his coins are lost forever
what is the point to have money and not spending shit in the end do not matter
what a terrible boating accident he must have had
at 1 billion dollars he wasn’t swimming in the pool on his yacht? he was swimming in the ocean? very sus
all kidding aside, i’ve written detailed instructions for my so.
i love how the article only talks about how his net worth. no mention of the type of person he was, interests, family. he just had a lot money, but now that he’s gone, what about his damn money??? we can drop dead at any moment. make your life about more than just money. and yes i’m a crypto holder
rest in peace 😔
dead? fuck it, keep hodling.
a young crypto whale dead sure seems suspecious.
died while looking the charts.
apparently his us pseudonym was john smith, and his indian pseudonym was mohamed ram patel... in australia, he is just called 'bogan', and for some reason, in scotland they just refer to him as 'c', or dougald mcdougald, if they are being formal...
imagine him putting in his will; “not your keys, not your coin”. too soon? may the good man rest in peace.
rip popescu, 🙏 he was a decent guy.
wow what happens if no one has his private key(s)? does 3% of btc just vanish? 🤔
“dead” or at least that’s what he wants his first family to believe…
now that is how you hodl.
am i the only one? when i started reading the title i thought, oh god here we go again with another crash. upon reading that someone actually died, i felt little relieved then guilty lol
if i had a billion dollars, i too would probably be dead very quickly.
just like the two brothers that held like 4 bill in bitcoin thisappearing 2-6 days ago. it's like all the bitcoin holders across the world are getting picked off or something.
he wrote in his will >my wallet and private keys goes to u
at its mid-april peak this year, his bitcoin holdings would have been worth nearly , making him one of the asset's largest single-holders.
damn 41 that’s to young man
reminder: you cannot take it with you
he will watch the charts from heaven
enter the legislation on crypto!
may his soul rest in peace, hope his family would not dump his legacies.
sometimes it is not about knowing when to sell, but just doing it before you die.
family will probably sell to pay the inheritance tax
well i guess he’s not selling. permanent diamond hands
wait wait wait... if we start killing off whales, then they become eternal diamond hands... am i right?
come on guys, its called a seed phrase that you can store in a safe or with your trustee or both. its not that hard... you do not have that much btc and not know how to mitigate the risks
*"in 2017, i went on a boat trip..."*
have we been here before? i feel like we have been here before.
>billionaire bitcoin owner mircea popescu has reportedly died, leaving behind a cache of virtual currency and a controversial crypto legacy. >the bitcoin btcusd, -0.18% pioneer, who was believed to own over ’s no. 1 crypto, making him, at the time, one of the asset’s larger single-holders, died off the coast of costa rica, according to a spanish-language publication, teletica.com, which reported last week***that a foreigner had drowned at playa hermosa de garabito, puntarenas, in costa rica***, describing the victim as a 41-year-old “of polish origin.” however, popescu is a well-knowned name in romania and he has been described on some sites as a romanian entrepreneur and blogger.
he could have bought a pizza
why do i feel this is sus may he rip
til people that hold btc can die
imagine finally becoming rich only to die early.
i find it hard to believe that a whale can’t swim. just sayin.
personally when i cook i always use more garlic than is in the recipe. you want 2 cloves of garlic? fuck that my family getting 6.
holy shit, my wife and i stayed on that beach years ago at my buddy’s motel. my buddy’s teenage son drowned surfing that very beach. the waves are crazy—we barely even dipped our toes in the water.
god damn boating accidents
coke and whores, what a way to go...
one more thing to add to my list, "bitcoin cannot buy" *btc doesnt buy you swimmingskills... ✅noted
we never do know how long we get, so having fun while we're here and not just holding is probably an idea.
damn that presents a problem with crypto i had not thought if before, as people die without passing on their assets there will be more and more coins just lost and unrecoverable as time goes on. long term those losses might make the coins less and less usable because its available supply has dwindled so much, and you cannot mine more to refill like you could printing fiat.
damn this guy is a legend, he literally hold it until he (unfortunately) died
if he wrote a letter with instructions please write this, dont be pussies! hodl. if you dont i will be back to kick your nuts!
this is the opposite of fud
it may be a donation to the bitcoin community… but nevertheless, rip.
his family is most likely not a hardcore hodler like him... ;)
this actually makes me question what does happen to crypto when someone dies but nobody can access it? does it stay lost for ever? if so wouldn't this mean eventually no crypto will be left because of being trapped in wallets?
thats why enjoy while you can, btc or fiat you cant do anything once dead
not even a wallet address? honeydicked.
dibs? i promise to hold unless i need little things like new sandals or an island
maybe this will be a wake up call to some people. instead of holding all the time. cash out here and there to enjoy the money. live a little
for an anonymous currency we sure seem to know a lot about every person that owns it.
they found a ledger x up his ass
lets hope its unrecoverable.
can i has it
all i read is , how horrible i am
hope his family has the private key. bad times ahead if not.
hillary is at it again.
tldr; mircea popescu, a 41-year-old romanian man who was believed to own over , died off the coast of costa rica, according to a spanish-language publication, teletica.com. at its mid-april peak this year, his bitcoin holdings would have been worth nearly , making him one of the asset's largest single-holders. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
cocaine’s one hell of a drug
john mcafee did not kill himself.
ahhh no fair i wish i was him
they also killed mcafee, who owned alot of btc. makes you wonder why they are doing it. on the other side, if they had his keys they got a billion reasons... sheeple comments and down votes in 3... 2...
if i am dead you guys have been dead for weeks
he had , not 1 billion btc, for clarification. since i saw a few comments saying that
goes to show there is no point in amassing that much wealth and not spending it. why have money just to die hahahaha
if his btc assets are gons forever shouldnt we see a price pump?
lets hope the people who inherit it dont sell it on open exchanges and go otc if they decide to sell... cause ouch edit: how long until craig wright decides those coins should belong to him
this sub is trash.
could that be satoshi nakamoto? 😮
wonder if it will be sold off.🤔
just hoping he did not left his keys
hodl till death. dies as billionaire. this is da way
is chasing money really worth it if despite having a billion dollars you can pass away at such a young age? i think we should spend more time with our loved ones
wonder if he knew the clintons
cant wait to see the headline ; “ass whale died with with than ”
hope he left a way for his family to retrieve that btc
bitcoin whale drowns off the coast of costa rica.
hodl to the graveyard
drowning ? doesn't sound unusual right?
i hope he had a will
rip, doug. sucks to die so early unless he was really ill and in pain then it;s good he is not in pain anymore. so is all that bitcoin poofed or did he give someone his keys?
i hope he left his keys somewhere his family can find them….!
talk about a bad fucking day
cocaine’s a hell of a drug
rip my guy. must have been interesting having 1 billion worth of btc.
cocaine. and hookers for sure
what a horrible way to die. with so much money he could have lived extravagantly, not take care of his health and die of a heart attack while having sex. much more fun way to pass.
too much cocaine and hookers
did the keys go with him? hopefully he left instructions or has his keys managed.
he bought icp at ath
too much cocaine and hookers x)
oh, you mean he was mcafee'd
this mothafuka got epsteind.
more bitcoins lost 🤔
i guess money really can buy you happiness.
yeah he was obviously killed by some jealous prick.
at least is 1 less whale to worry. jk, i hope his family and friends are allright
rip to the french whale homie too soon buddy too soon
i'd die young too if i had that kind of coke money.
they got em !😳
damn... drowning? accident or epstein?
well that’s a wallet to watch
what did he die from ?
does that mean bitcoin will pump or dump?
i hope he wrote down his password somewhere
keep those phrases secret til the grave and give a little satoshi donation to your fellow crypto friends on the way out
holy shit he died here, and in one of the most dangerous beaches. no way 😢 knowing that beach, this was definetly an accident. this is the deadliest beach in the country. i remember once there was this foreigner trying to surf and the beach was so rough i told his gf to tell him to get out asap.
who gets his keys?
so if nobody has his keys, are these gone forever?
damn all that hodling just to die? rip
too much coke will do that to you.
what if more people take bitcoin with them in their grave? will at some point most wallets be dead?
waiting for whoever it goes to to dump it and crash the market... “and not one soul knows his wallet address or pass phrase...” 🤣🤣🤣
im sure theres a full team manging 1 billion worth of btc so i wouldnt be worried about it going away
i’ll keep holding my .4 in his honor
having that much i’d probably die too
...the supply shrinks further
i need to start making a list of synonyms for "i lost it in a boating accident"
yeah, let us invent a new type of money that, as people who own it die, the amount they own gets lost forever because the keys to the person's wallets get lost. genius idea! come on kids, it is time to get real.
*smiles in moby dick*
all time greatest hodl. he literally hodl’ed to death.
sounds like he won’t be needing it, i’ll take some
he didn’t die in a tragic boating accident did he? 🤦‍♂️
if you're a whale... you should really consider a dead man's switch at this point
can't take it with you.
bitcoin will never die
when a guy with billions in crypto dies at 41 i can’t help but be suspicious
oh no!... he didn’t happen to mention me in maybe a note or a will or something, did he?
rip. a true visionary to hold that many through all of this
so he took the bitcoins to his grave?
he died of blue balls from holding this whole time
the whale that drowned❤️
have they found the cold storage yet?! if he had that much btc we all know he must have had some separate hidden raining day btc. on a completely unrelated note... what's his address?
this how all you guys gonna turn out when you hold your bitcoin for 15 more years and never cash it…
thanks for posting this news although sure felt weird me upvoting something about a guy who died :)
billionaire or not, may he rest in peace.
the old saying that you can’t take it with you is somewhat proven wrong with crypto. with a certain lack of planning you functionally are taking your assets off the board for eternity with your death.
pity it was not saylor or cuban...anyway we can only hope
so what happens to the btc if it’s lost forever? total supply just falls?
woot! he ain’t selling! diamond hands for life, or in his case, death!
i want his seed. also his 12 words
i call dibs on his bitcoin!
that’s why you don’t talk too much about your coins.
he could be easily the richest man on the planet.
cocaine is a helluva drug
hodl didnt work for him i guess
shorts are no longer in fashion, everyone wearing longs!!
so if we're super lucky ...
what will happen with the 999 million he left behind!
this account is only 16days old. > to mitigate abuse from throwaway accounts, a minimum of 50 comment karma with 30-days account age is required for comments and 500 comment karma with 60 days account age for submissions.
see kids crypto will kill you. -signed msm
learn to love life folks. you never know. prayers to his family.
how to thisappear completely and never be found
r.i.p. 41 is to young.
i wonder if he was suicided
imagine believing in the "currency of the future" but oopsy forgot to share password and died, all gone lol
ayoooo what about his bitcoin than ????
so approximately 28,818 btc burned then?? too soon?...😃☠
is it just me or are *they* hunting many other independent whales around the world?
“one of the only holders of a wonka golden ticket, who we won’t honor with a name, because of callous materialistic greed is dead at 10.” “i wonder who gets his golden ticket.” “that makes the other golden tickets more valuable. that’s why it’s so important that golden tickets are deflationary.” “it’s a shame he won’t get to enjoy the factory, but i guess this means more chocolate for everyone else.”
too much cocaine and strippers
rest in peace honestly, this is super sad and idek him
faking a death to dodge taxes is a horrible method in the us since estate taxes is so much higher than capital gain taxes.
i swear to god my high school journalism class taught me how to write better headlines than the shit i see today.
is this the plot to the new national treasure movie, national treasue 4: international treasure?
his girlfriend has the seed phrase stolen from him and drowned him in el salvador
it’s me, that guys long lost family relation
sounds like some other billionaires beached him.
that 1 billion in bitcoin is absolutely secure. hope he got to spend some of it though.
drowned of the coast of costa rico, nothing suspicious there.
so 21,000 coin out of circulation?
to the grave! ☠️
it is a radical way to burning tokens
due to stress probably
it's always saddening to hear about these boat related accidents
so sad gonna be plenty of conspiracy theories about this
castles made of sand
we’ll have a podcast about it by next year, i guarantee it
sooo, like a burn wallet 🤔
rest in peace, way too young
sadly for the man and the family... may he rest in peace 🕊️
goddamn ,i didn.t heard of the guy untill now,but mircea popescu feels like such a common romanian name lol
sweet bitcoin needs a bump article
meh, life goes on.
taxes? if you had a billion bucks...
too much bitcoin not enough sense?
this is the beginning of a treasure hunt,
treasure hunting will look a lot different when it’s for a usb key
holy shit that is how old i am. minus the billion in bitcoin.
tldr: he died of drowning in his fancy costa rican villa just goes to show you why there is seat belts in the lambos...
so much of hodling for the 1 billion mark and dying so young is saddening.
when did people start believe shit from market watch?
. i wonder if he left instructions to his family on how to access his wallet
so the money is lost
what a morbid world that this news has 7k upvotes as opposed to illuminating but maybe grave news for btc getting triple digit upvotes
how many btc whales have perished so far. one in india and now this. seems hodling too much btc is dangerous for your health lol.
and this is why everyone needs inheriti... don't let that hard earn gains just go poof when you do
"drowned". yeah right. this man swims every morning and now suddenly he cant swim?
“this is good for bitcoin” incoming
i wonder how these extremely large whales keep safe their seed phrases
mcafee?! 😂 but seriously. look at a succession plan. book. cryptoasset inheritance planning: a simple guide for owners
no good age to die :/
hopefully managing finances and thinking about the future runs in their blood :d
1 billion and never cash out, a true believer, btw rip.
i’m his son and he didn’t leave his private key now i have to eat bread and milk for life. i’m kidding
that is too young to die owning that much in bitcoin or not it is just sad.
how does a whale manage to drown in the ocean?
that means bitcoin is a population control tool besides being an investment vehicle.
damn you for making me laugh.
he has a will. he must have. would be poetic if he willed .
so what happens to all that crypto? if there is no instructions on how to access it the total supply of btc just decreases?
so, since i do not know a lot about this and i missed this train, i have a question. will this make the market go up or down? assuming that his assets are now lost?
if he lost his keys... thats good for btc right? ![gif](emoteemo_pack_1arrow_up)
hope he had everything secured. rip to this visionary 🙏🏻
thou truest holder of them. them damn diamond hands.
>billionaire bitcoin owner mircea popescu has reportedly died ... teletica.com, which reported last week that a foreigner had drowned at playa hermosa de garabito, puntarenas, in costa rica, describing the victim as a 41-year-old “of polish origin.” however, popescu is a well-knowned name in romania and he has been described on some sites as a romanian entrepreneur and blogger. did he die tho?
and his wallet is locked... so essentially eliminating 33000 coins from existence...
where were the clintons?
this is why y'all should set up multisig wallets for your loved ones
probably in a safe house somewhere in the midwest. working with some government agency on taking down someone that’s doing something shady.
i cannot shake the feeling that there is a lesson here. the man was rich beyond his wildest dreams, never cashed out, and now his money is more or less permanently gone. ...then again, good luck cashing out that much btc under _any_ circumstances.
no password(s)… no billion dollars.
i hope they sell sad to the guy tho
dibs! that's legally binding
fake death to avoid taxes, skimmers on his trail. just trying to shake the paper from years ago. soon to have shaved head, alias. probably gone awol, submitting false death certificate from somewhere in europe. he will be a-ok.
yeah he lost his password
he drowned at a resort in mexico, if anyone's wondering
"my wealth and treasure? if you want it, i'll let you have it. look for it, i left it all at that place!"
that's the thing about money you keep saving and saving and living like a hermit until one day you die and you have not even had the chance to live life to the fullest... everyone send me your crypto so i can spend it and use it to it is fullest. your generosity will not be forgotten
therefore i believe some time you should sell to enjoy your life rather than being trapped in annual cycles of hodling !
this is one of the biggest drawbacks to owning crypto - if something happens to you unexpectedly, your relatives cannot just go into a bank and get the money. there are countless stories of wives whose husbands had bitcoin, the husband died, and the wife cannot figure out how to access the coin. also, many who forgot about their bitcoin holdings then one day realized that it was worth something, but could not find the login codes to their wallet. happens every day.
dude didn’t epstein himself
wow, 41? it makes me reflect how people told him he was so lucky, and then...puff...all gone.
life is so fragile. live while you can guys, cash out and spend some.
this is the only thing i do not understand about bitcoin long term. not sure how long it would take but if there is a limited supply would not it all eventually just be inaccessible due to people sending to wrong addresses, dying without leaving access, etc. i get this makes it scarce but eventually there could be no bitcoin accessible to anyone.
so uhhhhhh what's gonna happen to all that bitcoin...
this is good for buttcoin
that settles it: crypto kills. use only government issued fiat for long, healthy lives.
is this the setup to the big sell off?
"journalism" is no longer for the news. its for the advertisers. hyperbole and superfluous headlines bring in traffic.
i did the same for tax reasons
that's one way to hodl
how did he die?
sad he suicided himself, no intervention at all, nope
do bitcoin whales explode when they beach?
damn, i wonder who has access to his wallet
falling into the sea and dying is not able to be prevented by .
they sure made that hit job look like an accident. assassin's earning their keep.
damn, who drowned the whale?
this highlights an important point i've never thought of. once the owner dies (given they leave no instruction) thats the bitcoin gone forever so there will be fewer and fewer bitcoin as time goes on.
i never knew that one guy from my country owned so much btc...i never thought romanians to be so deep in crypto...anyway it’s kinda sad 😢
did he fall out a window installing a bathtub?
do we all split it?
what happens if the coin is lost? what happens as, over time, more and more coin is lost? does it still consume processing time on the block chain?
r.i.р, hopefully the relatives somehow gets the money now ^
how not to lose your crypto in a boating accident
if i have learned anything from those cruse ship murder shows, its stay the fuck hell off any boat.
by now there must be some mathematical function that correlates a persons crypto wealth to the odds that they "thisappear" in a boating accident.
can i call dibs on his bitcoin?
how can someone know who has the biggest stockpile of btc?
everyone who doesn’t have “the rich” with them. they only plan to sell them back to us to get even richer so i don’t see how that’s beneficial to anyone. let’s make them bag holders?
damn... didn’t even get to see the fruits of his wit and labor... sad.
yup. *heesh ash dead ash juliush sheeshar*\---jimmy malone
cocaine's a hell of a drug
"died off the coast of costa rica" is such a passe way for billionaires to die
"drowned" in costa rica? thus is why you do not tell anyone how much money you own
thank him for his donation
sooo whoever gets that coin, if they sell, could potentially crash btc even further eh?
when i die put my money in the crypt o
rip some nigerian prince who was just trying to give it all away
john macafee did it
meh who gives a toss. it's not like he was smarter or better than anyone he just took a gamble that paid off. who cares if it will ever be retrieved tbh
thanks for the sacrifise i guess
the more people with bitcoin die the richer bitcoin holders will be mua ha ha.
so if his keys aren’t inherited thats 1 billion dollars of btc burned, a win for us
sounds like a great strategy to prevent panic sell
because they thought they would be cool and tell everyone on reddit how much bitcoin they had?
huh wonder if he was a manipulator and things are going to jump now that he’s not involved.
does this mean btc going to go up since those coins are lost?
dumb kids are going to dump not knowing any better.
holdov bitcoinov. great guy
he bought the "dip", as they say.
bitcoin whale drowned and became fish food
this is good for btc
i see this as an absolute win
everyone who doesn’t have “the rich” bag holding them. it would be the smart move since now the “elite” are exposed holding a fuck ton of it they only plan to sell it back to us and get even richer. how does making mark cuban a bag holder again sound to you guys?
with that kind of money, they have people manage their finances so im 100% sure it is not lost. might even be up for sale soon if his family is not hodlers... 😬
oh jesus, never thought of that. if i died today, nobody would be able to access my crypto ![gif](emoteemo_pack_1fomo)
thats the negative part of crypto currencies. how can you make sure that your relatives will have access to your crypto and your phrase after you die? i wouldnt give my phrase anyone. maybe put it into a lockable box and then give it to your notary saying it contains a farewell letter and he should only give it to your loved ones if you die.
pretty sure every single person who read this headline immediately wondered the same thing. we are a hive.
suddenly around a thousand people claim they are family.
hopefully he will just be a ~~long time~~ forever holder.
i wonder if he took any profit
pretty sure there is a movie coming out about this exact premise.
more often they do not.
he was a pretty colorful character. i dont think he was the type of person to plan contigencies in the case of his own death
idk but my friend died 4 years ago and she got me into btc so she had a lot of money in it since it was like 400$. i tried to bring it up with her sister but idk it was weird and the way she died made it hard.
who said you can’t take assets with you?
pretty sure the guy who was holding his head under water already got what he needed.
this is why safe haven is a great investment in crypto at the moment which is being built around inheritance. definitely needed
tim dillon movie ‘the wallet’ incoming
if not, his death should be like loot drop in video games.
if not, does bitcoin become a tontine?
otherwise all his bitcoins will be lost forever with him, bitcoin is already scarce
yeah the first thing i thought was “how did he die?”
anyone that dies in mysterious places is always suspicious. according to the article he was *off the coast* of costa rica. everything is off the coast of every coast if you travel far enough.
you should listen to the podcast exit scam
if there’s a vault that turns funds over to others on his death, is that something an exchange could share in response to a search warrant?
crypto ahab got another one.
they die because of global warming.
jealousy can make people nasty.
whale poaching must end now. someone save the whales!!!
me too. i wonder if it is a similar story to the case with quadrigacx. it was a crypto exchange that became insolvent and the young ceo mysteriously died abroad.
the cynic in me views any young persons death as suspicious. there i fixed it for you.
much like winning the lottery. murder is a very common cause of death after telling people.
several of my friends here in seattle said today that they believe he died from bitcoin, even a couple that are program managers at microsoft. they actually believe bitcoin is deadly. such stupid and superstitious people.
they become forever hodlers.
that's one whale that wishes he was beached ^(too soon, probably?)
constant drug parties are not good for your health, you know?
40 years old is not young. but he was not about to retire either.
he had dirt on hillary clinton
then dont and read the fucking story.
that's the implication. i just hope they weren't the tasty treats.
he was attacked by killer whales...
where do you expect a whale to die if not off the coast?
well if that is actually the case, then good for him!
heyy it is me your cousin.
so you are only dead but from inside.
you belong in a museum.
exactly, 41 is no age to die. recently lost a family member aged 40 and it’s a terrible feeling.
which most people do not realize until they turn at least 40.
he ain’t dead. he in el salvador enjoying his tax free gains 😂
and with that kind of wealth it is way too early
with i would rather death in my prime rich as fk without a care in the world than to die a broken used up husk of an old man in poverty
exactly. this also reminds me of when one of my mom's friends passed away on their 50s. she responded "that is quite an early age group to pass away, most could live up to 70s-80s".
my step dad passed at 42 after battling brain cancer for 7 years. i agree it is entirely too young. didn't even get to see my half brother (his son) finish elementary school.
yeah so much hodling for the 1 billion mark and dying so young is saddening.
true. i can’t say i knew the man but much respect. he was obviously someone well-ahead of the curve who bought or mined bitcoin back when a lot of people were still laughing at it and not really understanding what cryptocurrency is or recognizing its future importance. this guy saw the potential, had faith, and took the necessary risks and won. a successful person like that deserved a long and happy life. this is tragic news. my condolences to his friends and family.
i’m 41 and feel like i’m just starting to get a handle on life and actually enjoying it. would hate to go now. shame to hear it.
that's a romanian name all day every day.
as a fellow romanian , i have to confirm the fact that he was a romanian 🇷🇴
or a japanese guy called zhang wei
us businessman vitalik buturin
funnily i have a work colleague who is 100% french and his name is of the exact same type as you mentioned. so it does exist.
you've never heard of the french guy called igor bogdanoff ? 😂
or an indian guy called raj kapoor
i was just about to say this 😂
mircea popescu is a romanian name.
or a mexican guy called juan lópez
or an irish guy named sean murphy
it's a romanian name.
or a texan named gunner mchorseman
this happened in costa rica. the ticos seem pretty laid back about geography when it comes to pinpointing someone's origin. anyone who looks remotely asian is called "chino". so how can you expect them to thistinguish eastern european countries?
or a canadian named chef boyardee.
100% not a remotely polish name. actually sounds like the fake name i had to give my child in 6th grade science learning about genetics—pumpernickel mitsubishi.
or an englishman named paul dirac.
true. i would expect some jan kowalski shit. this is completely 100% not polish.
i use to mine over a decade ago when trying out thistributed computing projects was all the rage. the btc i mined is in a wallet with the records on a hard drive that no longer exists, created on a website that no longer exists using a hotmail account that no longer exists. it probably has like 1.8 btc so not significant but it is gone forever.
pour one out for us mtgox vets
they sit there forever unless he passed his keys down in a will or kept them in a safe place and thiscovered
you know what, those magical bitcoin grow magical little bitcoin feet and walk their way off into magical bitcoin land where the streets are made of honey and it rains milk. and every 3rd full moon all the bitcoins come out and sing to the bitcoin moon and light big ole bitcoin bonfires fueled by injections of fiat money. where do they go? they sit on the blockchain until moved, what do you mean where do they go lol
bottom of the sea!
thank you for sharing the wonderful memory. it reminds me of others i know who have been in btc since the beginning :)
*asicminer: entering the future of asic mining by inventing it!!* ahh the memories...
now are you the next billionaire ?
> he was a complete jerk but often correct too true. he seemed like an extremely intelligent person, but like many intellectuals, was quite brash with his opinions. he held some beliefs that i thisagreed with and this is not the place to share them, but nevertheless, rip to him and i wish nothing but the best for his family.
whether it is michael hastings in a throttle by wire or epstein in a prison cell, wait what was i saying
i hope there is an atlas-shrugged-like secret place where they hid after faking their own death. but i fear these bright lights have been snuffed out like jfk. either way, i'll keep fighting for individual liberty.
hmmm must be the government
came to make the same post. mcafee did say he would release a trove of damning information on folks if he was killed and framed as a suicide. wonder if it is somehow tied together.
onward to the valley of the whales!
from whale to whale food. those boating accidents are really getting out of hand
the blubber will not go to waste
crypto whales sudden deaths. huunh... something seems fishy
management company executing a will maybe?
don't talk to me or my 14 dependents ever again
i hear the guy worked at arby’s. just waiting for the right moment.
wait, we're supposed to be making gains?
he did cash out he mentioned it during the 2013 bullrun to
i’m sure he spent a shit ton of money.
upvoted to counter the downvotes...no clue what kind of idiot would downvote a 'rest in piece' comment...
with that wealth i certainly would not be taking risks. maybe have a body double to test first. looks safe to swim, duuno, jump in double. tasty to eat, dunno, try that shit first. she is so hot, yeah, you bang her first.
it’s salacious journalism. articles don’t say they are a nice guy to bring readers in.
is there a better way to go though?
yup just like satoshis wallet
he never got to see the future of crypto...
you tapped on the wrong post, you want the one above this.
why would you want to be dead?
literally not a single comment here that is confused by this because 1. there’s not even a billion btc in circulation, and 2. theres a , which very clearly reads to anyone that has ever seen a dollar sign in use that it is 1 billion dollars worth of bitcoin.
hodling 1 billion btc would indeed be a feat...
maybe in 2017, but now not a chance 😂but tether🤕
and craig wright used the opportunity to win the lawsuit ? it all makes sense now ![gif](emoteemo_pack_1dyor)
satoshi holds over 1m btc, worth . while this guy was wealthy, it is a long way short of satoshi's wealth.
**['hodl' definition]( a slang term for holding onto an asset long term compared to actively trading or using it. *check out the [crypto terminology guide]( for more 🤖*
he was in a prison and "committed suicide" 🤔 too early...?
if you have a special membership then karma and age requirements are not enforced. i thought that was specified in the rules, no?
he was prolly looking for his hardware wallet after dropping it in the water
btc to the moon.
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lmfao. sell your own btc
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cmon a man just died have a little sympathy
it's all good, the guy who looks suspiciously identical to him, but with a mustache, will be able to unlock his wallet.
i wouldn’t be so sure in this case. mircea popescu was a developer- i battled with him several times online as i was running btc trading corp 2012-2013 and he was constantly accusing me of being a fraud. his platform and his approach to just about everything had a “i trust no one” aspect to it. as technically astute, seemingly paranoid, and young as he was, i wouldn’t be surprised at all if he didn’t have succession lined out yet for his cold storage.
i had the same thought about it possibly being sold soon……. that wouldn’t be a good thing for the price. . i’m sure their money managers wouldn’t care about being in trouble with the law let alone losing their jobs for , people have ruined their lives for less.
buy why? if i were that rich, i'd have someone come up with a secure system and teach me how to use it, then do the final bit myself. why in the world would i entrust someone with the ability to abscond with that much money, never to be seen again?
there's no way this guy let anyone manage his money. anyway he was a piece of shit so who cares what happened to it.
i’m not sure if i could ever trust anyone with my wallet keys if i had billions in them. what’s to stop my financial advisor from running off with them? people and even companies have done this many times. at best, i’d split it up between several people who don’t know about each other, who would then give them parts to my beneficiaries after i pass
if his family have any financial sense and he had a penchant for finances, they will stick with his original investment idea of holding it even if they do not understand what it is.
na man, someone already emailed me letting me know we have the same last name. as long as i give him my ss he will deposit half in my bank account.
do you really need someone to manage your private keys?
shame. it would be great to have less btc on the market
bruh probably has everything saved on a ledger
if it is, that should rise price though, right? same demand, lower supply, right?
why am i super sad imagining how passionate about bitcoin this guy was and he probably obviously made a lot of money from it but his family might just sell it and get money from his passing
100 is a lot of %
i'd double they are, the claws will come out and they will all want their share.
all aboard the dump express
*stefan thomas enters the chat*
not necessarily. i know someone who had 5000 coins on a hard drive from back in the day when it traded for nothing. he cannot access them and has attempted to through various means. they are forever locked into that and will never leave. crazy how many people actually have had this issue due to aged wallets from the initial inception of bitcoin.
not necessarily in crypto. i mean, it legally has no value, so while you can have someone manage the assets you do have in regular currency, you wouldn't always trust someone with a deregulated currency. it's worth 1 billion in legal tender, but only once crypto has been turned into it. while it is on bitcoin, it is only worth 1 billion for those who will accept it directly (a number that is increasing, for sure).
i wonder if that is true... ' i feel like crypto might be something of an exception. if you have stocks or bonds or real-estate, you want someone to manage it for you to help deal with taxes, and maybe to react to market changes to shift funds around. if a billionaire wanted to invest in a company, they would probably tell the manager of their finances to make the investment. ' if a billionaire wanted to make an early investment into a cryptocurrency, would they do the same thing? there are no crypto investing experts out there (i feel like everyone is still learning how this market works). unlike with other markets. ' he said he liked bitcoin because of the "freedom" it offered. to me that sounds like someone who did not have a team of people managing his crypto investment for him. and you do not really need a team if you believe primarily in bitcoin, you are not going to be shifting huge amounts of money around to other coins. ' others here have also said that he was not the most trusting person. ' hard to say... there are still tax implications, so that would be a reason to have others manage it for him. and, to be perfectly honest, i do not know if it is just plain difficult to move around millions once it is converted into a traditional currency.
yes this needs to be considered part of standard crypto opsec.
as someone who has had to deal with the finances of people who died sudden deaths, write everything down with instructions on where things are and how to access it. keep it with a lawyer of you think it is a security issue.
hey mate its me , fook i forgot your mum’s maiden name was chatting to an old friend…….:
i thought about this, then i thought about giving my wife access, then i thought my life would probably end much faster if i did give her access. soooo,
you better make a will and leave the keys to those 2 moons before it’s too late
create a death notebook with instructions for accessing all sorts of accounts like life insurance, credit card rewards, crypto, offshore accounts, stash houses, cocaine stashes, etc...
i tried to bring my wife up to speed on where what how etc….not a chance in hell she retained enough to help if i died though
dozens of dollars lost forever
look into safehaven (sha) - they are a leading project working on inheritance solutions
yes, this is one of the criticisms of crypto, many stories about it. when a firm manages your money, they can make sure it’s given to your next of kin
notebook in a safe or siomething... imo
my husband would think my hardware storage is just a weird usb drive with pics or something linux he can’t read. i told him all about it and where to find the key and he will still think it is just a weird usb drive.
i thought that was the plan? the crypto dies with me. that’s how it gets burnt and my soul gets divided up into the gains of those who still hodl.
you definitely need to assign me all your crypto info in case something unexpected happens so i can make sure “your family gets it’s fair share”.
thats why you have the crypto safe haven. it's the first who's thinking of an solution for that.
i had a brief broaching of the subject with my fiancé last week about it. she generally has an idea of how to deal with my physical assets, but the rest i told her we would have to line things up so she could find and deal with stuff. also about not just selling and being best to just leave it be until it’s needed. any one good random bull run could change things but my crypto is meager so thankfully she knows mostly what to do about my physical liquidatable assets. always always have plans laid out. especially if you have kids or some other benefactor.
you think people are actually gone answer? doesn’t everyone say to not talk about your stash?
chicken and cow did it.
ah-phukk-ah yooo dolpheeen!!!! and ah-phukk-ah yooo whaare-eh!!!!
you think japan hates whales, wait until you see the numbers for norway and iceland. they kill the most whales per capita and in total than any other country.
it’s probably more likely the norwegians
he'll resurface in malta under a pseudonym.
the world is a vampire
nft this comment, right away.
omg...best comment i've read in awhile. thank you. 👍
i thought they love them, in their bellies!
...and yet... loves tentacle porn... everyday, japan strays further from god...
really though, it would be nice to see a crypto whale hunt
japanese to the whales: oh!? so you’re approaching me!?
bitcoin billionaire is a powerful aphrothisiac!
i do not think it is that they *hate* whales so much as it is that they *love* whaling.
actually they love whales.
hahaha potential global cabal of hit men hunting crypto whales. herman and the melvilles.
also, the norwegians! nobody talks about the norwegians.
the danes, too. i heard they killed wales just recently.
because of the dip
he drowned, which is very hard to believe for a whale.
but why would this be similar? the quadrigacx guy had a reason to fake his death-- i.e. to run off with a ton of other people's money. this guy actually *owned* the bitcoin he had, as far as i understand...
why in the hell do you think we just spent all that money on a boat? the whole purpose of buying the boat in the first place was to get the ladies nice and tipsy topside, so we can take them to a nice comfortable place below deck and, you know, they cannot refuse. because of the implication. oh. uh, okay. you had me going for the first part, but the second half kind of threw me. well, dude, dude, think about it. she is out in the middle of nowhere with some dude she barely knows. she looks around and what does she see? nothing but open ocean. "ah, there is nowhere for me to run. what am i going to do, say no?" okay. (both laughing) that seems really dark. no, it is not dark. you're misunderstanding me, bro. i think i am. yeah, you are. because if the girl said no, then the answer obviously is no. no. but the thing is, she is not going to say no. she would never say no, because of the implication. now... you said that word "implication" a couple of times. what... what implication? the implication that things might go wrong for her if she refuses to sleep with me. you know, not that things are going to go wrong for her, but she is thinking that they will. but it sounds like she does not want to have sex with you. why are not you understanding this? i do not... she does not know whether she wants to have sex with me. she does not know? that's not the issue. are you going to hurt women? i'm not going to hurt these women. oh, okay. why would i ever hurt these women? i do not know. i feel like you're not getting this at all. i'm not getting it. goddamn. don't you look at me like that. you certainly wouldn't be in any danger. so they are in danger?
are you patronizing me?
see, he was not supposed to say no. because of the implication.
cousin, let us go bowling!
i'm sorry. i lost my stepdad at 40 and it broke up our stepfamiily. it really changes everything.
i am sorry for your loss. how are you doing?
i’m closing in on forty now and it’s crazy how i used to think forty was old. i’m just getting started, finally shedding the last of my youthful idiocy. i really don’t want to die now, it’s like i just finished the prologue to my life.
really? i feel like i knew from a very young age that 40 is a young age to die.
idk. i'm 47 and everything since about 33 has pretty much been shit. i have a chronic illness though, and that is when i got it. so it may be different for others.
i used to think 40 was ancient and you were over the hill etc etc. but god damn as i’m approaching 40 i can’t believe how ignorant i was. feel for this guy and his friends. no one should lose anyone this young.
weird mentality to have. time is much better than money. you can live healthy and not be a broken used up husk.
or maybe it does not have to be so outlier to outlier and you can live a reasonably happy life with reasonable amount of money, longer than both of those rich.
i'm always baffled when i hear about the bogdanoff brothers on reddit. if there are french celebs i wouldn't expect to be known abroad, it is those two.
as a romanian that is a very romanian last name.
how do we know your romanian? the plot thickens.
as a romanian, i’m telling you right now that is a full romanian name straight from the center of romania
i’m raj kapoor without the ‘raj’ and ‘ka’
his actual name was boiardi
article says >according to a spanish-language publication, teletica.com, which reported last week that a foreigner had drowned at playa hermosa de garabito, puntarenas in costa rica, describing him as a 41-year old of polish origin. i've never heard of him but that is an *incredibly* romanian name
so many like this, me included. years and years ago in land before time. i was given 100btc as payment for building a website for a friend (never asked for anything it was a gift). never thought anything of it. hd died never cared. doesn’t bother me i started mining about 4 years ago and still doing well. lessons of the past.
yeah, back in 2011 i set up my pc for bitcoin mining, but i calculated i'd only get about 1 btc per week, so i figured it was not worth the power cost. le sigh.
i bought like 80… chickened out on the software cause i couldn’t personally vet that the code wouldnt be malicious to me. that hard drive is in a land fill somewhere. no idea how much it was, i’m guessing it was around a nickel or something. it’s money i never had, so i don’t really think about it.
“not significant” bro that would triple my net worth lol
i should feel bad for laughing, but then i realised i do not feel *anything* anymore.
lmaooo why can’t i get the image of magical bitcoin land out of my mind
but….please tell us more about magical bitcoin land
so, there is the possibility of any number of bitcoin ending up lost forever in wallets that people cannot access?
no. i made kenneth slaughter one, though. 😂
the brightest and hottest car fire the veteran firefighter said he would ever seen in his career.
hastings, throttle by wire, lol. i remember that. that def happened. boats, but expensive ones have auto pilot amd gps and loram and all that stuff. this could have been a “by wire” too. though i didn’t read the article and y’all could be joking about the boating accident. but i’m seeing too many people saying it lol. this can’t be real right?
well... if bitcoin is the future of world wealth... gotta take out the whales early.
the difference is that mcafee was a known attention-seeking liar.
funny way to spell cartel
you do not start moving assets around immediately after someone dies even if there is a well defined will.
sure let’s go with that.
he was saving up for that country.
yeah, if you have a billion dollars invested properly, you can spend like a drunken sailor every single day and never touch the principal. i think the most i could possibly spend in a day is like ,000 and that would be me buying shit just to be an asshole, and even doing that every day wouldn't evaporate a billion dollars in a lifetime. a billion is so much money.
„whalehunters got him jokes a side rest in peace“ was the original comment, i edited afterwards since it might have been thisrespectful i guess i deserved the downvote
i might downvote “rest in piece” but not “rest in peace” 🤡
ok so how the upvote. "rip" is at best a vapid sentiment the poster does not actually feel and at worst just an attempt to farm moons. either way, it is thisingenuous and does not lead to any kind of meaningful thiscussion. hence the downvotes.
old and during climax while having sex.
forget about crypto man the guy was 41 spending time with his family and friends woulda been more important then seeing the future of crypto lol comeon
oh shit! thanks chef boyardee!
well i like being asleep more than i like being awake. never having to wake up sounds like bliss to me. that guy has it made now
you can tell the person you replied to fucks with shitcoins.1bn supply lol
maybe it’s been deleted but there was at least two comments that didn’t understand the headline. not everyone here knows the supply cap apparently
plus, 41 is stupidly young. satoshi would have to be at least in his 60s, i'd wager. a lot of what we know is consistent with a hacker who thrived in the '80s. his claimed age that would now be 46 just seems way too young to be plausible in my mind.
i dont know what you mean by special membership.
thank you kind sir 🥺😊
wouldn’t be ideal. i’m saying in a hypothetical people’s movement crypto is so powerful the people could pull one on the elite. we are too stupid though.
or some guy coincidentally found the seed phrase on a boat in el salvador.
was it john? i hear john has a moustache.
i straight up cackled at this, thank you
username checks out. best lawyer ever
i used to write a column in my university newspaper. circa 1990. my pen name was bob loblaw.
> i was running btc trading corp 2012-2013 are you rich af now? you do not have to answer if you do not wanna.
i am taking a wild guess here, but i would think you would let your funds be managed by a large company that manages funds for many wealthy clients, and that they are liable if they "lose" the funds. ' but if it was me, i would definitely keep some bitcoin somewhere safe myself too, lol
ok. but your post above implied sketchy banking is just an american issue. i’m glad you agree banks fuck their customers, regardless of their country of origin.
>i'd have someone come up with a secure system and teach me how to use it, then do the final bit myself. ' they did, its called bitcoin. , its all the same 1s and 0s.
> then do the final bit myself. yeah like some kind of final password or biometrics but that you could leave to your family.
when i'm flying in my private jet to my private island with my private whores to do my private drugs, i do not want to be bothered with it.
they don’t actually ‘manage’ them, more like they’ll have their estate in order and details of what to do with it if something were to happen. so the private keys will likely be in a will or similar document.
if i was that rich i absolutely would.
btc is probably only a portion of this man's portfolio and its probably managed by a certified custodian so no single person will have access to your keys or it will be covered.
if theyre worth a few billion? yes. safety deposit boxes.
it's better for money to come in from more investors convinced of the fundamentals rather than a boost from a one off event of an early adopter passing away imo
if you really think people dying is a great way to pump your bags you could always just blow up a bitcoin conference.
this is what will eventually doom bitcoin. at some point there is no more bitcoin entering the system, but because of data loss of various kinds more and more coins will be locked up and immovable
if he jsut hat this 1 billion locked up in a wallet it is already like it was of the market. it does not really change something. and so as he is dead now there is the possibility that somebody got acces threw his will and will sell it off now. so if anythign this just can lead to more btc being available on the market. not to less
it does not change the supply. if he had this all stored on a cold walled it already was not available supply. just that he theoreticaly coudl have moved it does not affect the price as logn as he did not really move it. ' if anythign then it could increase supply now if whomever inherited his keys will sell it off now
if it makes you feel better, there are a ton of stories about how much of an asshole he was.
nah, if i die, i want my assets to contribute to scarcity. if i have surviving family they can have my keys but i plan on outliving everyone currently alive.
how do you even find people to trust with 1 billion dollars? don't even trust my cat with my crypto, even less family members. is it possible to do some sort of dead-mans-switch?
do you guys just have lawyers lying around? how the fuck do you even do this?
fuck having to do that -signed a guy who's father killed himself
my moms maiden name is “password123”.
sounds like you have bigger problems than crypto
this is why you create a coin“the wife did it” and then store it in your cold storage along with your other coins. that’s how they’ll catch her!
is your marriage okay dude?
safe in the name 🤣🤣
great job, son. now the japanese are normal, just like us.
chicken and the cow????
cow and cheeken frame dol-pin and whal-rree???
damn. i literally sounded that out exactly as you would have expected to hear it.
how you say…he no kira himserf?
alright now i have to go watch the episode again dammit (thank you!)
your racism is showing...
chicken and cow too!
> whaare-eh!!!! lol i did not think that could be spelled so accurately
or was it… *cow and chickenn?!*
welcome to shitty wock. we have special on whale today
yeah? what are the numbers for all three countries?? i am curious.
norway kills more whales than all other whaling countries combined, not just per capita.
i banged her for a while... and yes, she did. 🐳
split your lungs with blood and thunder!
we are all equithistant from god as god is not real but the tentacle porn is a weird one no doubt lol
i mean my comment was playing off the south park episode, but really you can always leave it to reddit to ruin a joke. i just expect it at this point.
“the events occurred around 8:30 am when popescu entered the sea to swim in the tramonto sector, was swept away by the current and died on the spot.”
maybe he legitimately dropped his hardware wallet in a boating accident and drowned trying to retrieve it.
suicide by gunshot to the back of the head
must have ran into some whalers
this whale on whale violence has to end.
i have a suspicion that cryptocurrency whales are not real whales
i would give you an award ( if i had any) for a word for word replay, very nice job sir.
not much bro, just poor.
it's me your step cousin, i need some cash and a ride to stacy's house 😏
nico! let's go bowling!
it really does. i’m sorry for your loss, hope you’re doing alright
this makes me stepsad.
still feel sad when i think about it, so i try not to think about it too much. messes up my mental state.
the best chapter is yet to come!
my grandpa died in his early 60s and me as a kid said “at least he was old” 🤦‍♂️ my grandma gave me this look like, “you stupid fucking dumb kid” and she’d have been absolutely correct. people tell me how smart i am all the time, but i’m dumb as fuck. i have very little faith left in humanity.
well, i remember back in 1605 that 40 was a solid age. you youngsters are just jaded af.
he ded ? bur-ree ett
sminem is that you ?
put him to sleep and load the korea fud
did he boght le dip? domp eet!
they became a huge meme in the crypto world for some reason
he played for barcelona.
his leet name seems to be alin something, which is romanian. but probably, his name is actually andrei.
he has a romanian flag at the end of his comment. like, who would do that if they weren't romanian, man?
whoa, the literal geographic center? my mind cannot even grasp that degree of pure national authenticity
is it like the name smith in america ?
that's the whole sub - in fiat
not the canadian. :p
i think my btc was worth less than 10 cents around the time i forgot about. i'm not worried about it.
you’re a better man than me. i’d think about that 3.5 mil every day, but then again, maybe our financial situations are different.
can't data often be recovered from a dead hdd? or was this beyond recovery?
are you me? i mined for a week on my crappy gpu but deemed it not worth the trouble after only getting like 1 btc
sarcasm? take some responsibility and deflation is your best friend.
it’s almost like this will come crashing down permanently and will never be the get rich forever scheme all the hopefuls here are hoping for come retirement age!
lol, neither can half the subreddit.
well only of you insist, you see in bitcoin land, at one time it was not magical. in fact it was just like every other land. it was grey, gloomy, and the low pressure fronts made all the older gold bugs ache in their backs and knees. but one day that all changed, one day a volcano popped out of the ground and started to spray lucky charms everywhere. the entire land was being covered in marshmallow leprechaun hats and marshmallow unicorns! and with that volcano everything changed. the world became brighter and happier. the sky turned from grey to orange. amusement parks started to be erected for the little bitcoins to have fun and shout with laughter. the most popular ride was called 'to the moon!' it featured an incredible climb to the highest levels bitcoins have ever been and just at the top of the ride it came to a halt and when the bitcoins looked around the little bitcoins could see everything, it felt like they were on top of the world! the ride then started to hurl towards the ground that would make any bitcoin big or small, old or young scream with fear! bitcoin land was a strange place in comparison to our world. the average car was orange lamborghini aventador not a prius, but some people liked to ride around on horses just for fun. although travel was quite hard on these honey roads... the fountains bubbled with mountain dew and the roofs of houses were made with graham crackers. i could go on about bitcoin land but, eh what's the point - people must think i'm going crazy and speaking of fairy tales because i've asked if other people have seen it and they all say no. maybe it was but a dream? i guess we will never know
if i'm not mistaken there is already something like 4m lost to time
you do not actually know that though.
i'd say 91 à la hugh hefner would be good.
that still doesn’t rule out the hookers and blow.
well i mean he has 1 billion worth of bitcoin, i doubt it wouldn't be high on his priorities to see how far it could have gotten
confirmed. not a shill. just lost
the thing that let us you post gifs and animated emojis in comments that costs 1000 moons or .
no, that seed phrase fell into the ocean and is lost forever.
\*\* off the coast of costa rica (in treacherous water known for dragging bodies into the ocean never to be found) however the boat was on its way to el salvador.
or the guy who gave him truth serum.
lost in a boating accident! tax that! - micheal saylor
leave the savior out of this
not sure if you read the article, but he legit drowned off the coast of costa rica.
or at a bus stop in kent
no.someone found it at the bus stop. person has double mustache.
longing, rusted, seventeen, daybreak, furnace, nine, benign, homecoming, one, freight car
el salvador? isn’t that “the savior” in merican?
i like the way snrub thinks!
no, john is the guy with the round, black glasses and the slightly thisproportional nose that weirdly doesnt match the rest of his faces skintone. you know, john!
john has a large mustache. the chair is against the wall.
haha, no, unlike most operators (jon montrol, mircea popsceau, etc) i did not run with thousands of btc of user's funds... billions of dollars of ltc's values. i kept user funds separate and everyone was able to withdraw when the sec shut me down. and worse, i spent almost all my personal btc, and then the sec penalties, part of which was thisgorgement. disgorgement is where they calculate your profit from the operation and take it all as a fine.
kinda like that fund in africa that just thisappeared with .6b
really? have you never heard of hsbc or deutsche bank?
one thing never changes no matter your wealth... whores are never private.
that would not be a doom for btc at all. it woudl nto mather how much is locked up. as logn as some ist still circulating
even with all the money he made?
>i plan on outliving everyone currently alive. this one here, officer.
tito ortiz - " i want to outlive my children"
why don’t you walk us through this “plan” of yours, no, i’m not a cop.
knowing a young family that suddenly lost one of the parents a couple weeks ago, i feel that is a sadly unwise take.
have you contributed to anti-aging research?
outlive everyone just to see how your crypto will rise
this is the way! have my award!
it is possible. write your seedphrase in several fragments as many as you like and write different versions of your will each with one part of the seedphrase in them. give the wills to different notaries without knowing of each other. can also give some parts of it directly to the people you want to give it to after your death if you trust them enough not to lose it... ' on this way no single person has acces to it but after you die it will be possible to acces it
well he’s heavily invested in crypto, so everything was fine until elon and that fucking tweet.
yeah but it says safe and haven, so you *know* it is legit.
lol i know - it’s an older project before all the safeshit coins… kinda like being named karen but actually being a really cool person
safehaven has been around for a while, before safemoon. its also part of the vechain network. also, safemoon is legit.
it's like i'm right there.
if you actually don’t know it’s a quote from a south park episode… i think it’s the one where they send the whale to the moon?
oh just shut up and have fun. the japanese are not titty babies. the only people offended by this are white people. now tell me you’re not white.
it's actually satirizing stereotypes of japanese whalers. it's from a south park episode.
thanks, i’m just glad it translated and found a home.
break your backs and crack your oars men
being swept out to sea is a horrible and agonizing way to die. it's not an instantaneous death.
a tragic whale death. too soon?
how do you die on the spot if you’re being swept away?
i wonder if someone helped him "enter the sea to swim"
a whale that cannot handle deep water.
oops i accidentally dropped a billion dollars.
and doesn’t have his keys in a safe somewhere lmao
i’d like to see proof first, before believing that. on the internet, nobody knows you’re a dog, so i don’t see it as a stretch for whales to be here too.
your cousin left to get milk, if you ever become rich he may come back.
what are you doing step cousin?
same to you. still think about him often, but it has been a long time. wishing you the best!
is it? i’m 43 and going through some pain over getting old. i’m not loving this. sure i have some financial stability, and things to be happy for. but everything that makes life amazing seems lost with youth. all the wonder and mystery and novelty is long gone and there’s no getting it back either. my friends are either lame with kids like myself, or dead. work is all consuming and responsibilities fill the days. best i can do is revel in some half forgotten memories of a time that will forever escape my grasp. my only hope now is i’m healthy enough in retirement to enjoy my last few years and to share a few of my kids moments. this sucks. my advice to anyone young reading is don’t get old.
the green candlesticks will always be in your favor
no, my name is seminem or if it.s easier for you just call me by my short name semen
not just crypto communities, they are everywhere. literally. the bogs are omniscient and omnipresent beings that have control over every aspect of our reality, including the stock market, thus creating the "pomp et" meme.
it started in stocks, like wsb and shit like that. assuming crypto adopted the meme too after.
my name is alin
or indian guy called james in london, or henry, the chinese guy also from london.
edited my comment. it might not be marketwatch, they are quoting a different paper that probably just got it wrong
hard drive is long gone in the bin, this was around 10yrs ago.
don’t even have it anymore that was around 10yrs ago now!
boats man, the natural enemy of guns and crypto! we should outlaw them
oi, you keep your filthy future lambo driving hands off my future boat. lol
i swear its atlantians moving these funds around.
adele says it’s rolling in the deep
lost coins only make everyone else's coins worth slightly more. think of it as a donation to everyone.
the guy above me was joking so i was joking as well.
ohhh you mean john-john? from the thing with the stuff in the place?
oh! i do! i do!
this is fascinating, and props to you for making it out the other end. are you able to talk freely about your case? i'm mostly intrigued by how poor or well the sec handled a crypto investigation from a first hand account, even 10 years ago. how involved did you have to be in thismantling your company? were they looking over your shoulder, or did they work at a fairly high level and you? how informed were your lawyers at that time? just really curious, cheers!
i feel ya. i spent enough bitcoin on silk road to retire at today's prices.
well yeah i wouldn't choose one in africa
i found it amazing that people trusted an 18 year old and a 20 year old with that much money. bet they are rolling around in hookers and blow right now.
shit, he is dead too. someone is killing off all the old school crypto dudes.
tell that to the chinese.
he's got gains and he is not afraid to use them
i'm aquarius but respect!
lmao did he really say that? tito is such a silly goose
eat healthy, do not smoke, do not drink a ton, exercise even in old age. so sinister.
why do you people think i’m talking about anything sinister? i just want to extend my lifespan
i don’t have any kids yet or i’d feel much differently. i’m sorry for your loss though. that’s awful
i’m not white, you bag of dicks.
there was a french drowning at sea simulator, but it seems it is been cursed with adware
not if your chest is crushed in by a wave.
not sure about agonising, drowning is apparently peaceful
and here i thought whales were good swimmers 🤦‍♂️
eaten alive by an actual whale
it probably means they didn’t see him again after he went under, presuming he died shortly after
from 5 different guns
it's amazing how most people are unaware of how lethal the clintons have been.
well if this was a true crime show plot, his so would be the one that pushed him off the boat in order to inherit this massive amount of btc edit: he actually had 3 so [according to these blogs on this tweet](
im a bowl of petunias.
hey its me, your step cousin, just using my alt account. i know this guy, a nubian prince. he really needs a trustworthy person to take care of his gold. all we need to do send him 4 bitcoin so he can pay for the transport to europe! thats a once in a lifetime opportunity dont you think?
there is a lot of novelty left to be explored (pick up a hobby like woodworking, music, or something else), and the enjoyment.
i am also 40ish now and i decided to retire now and then return to work later in life and die at work
sounds like you have a foundation for a good life but haven’t figured out how to take advantage in a way that benefits you mentally. hollywood and society have this weird idolization of youth, i think a large part of it is that’s who they market to since it’s where the money’s at, but we’ve all taken it to heart like being young is the only fulfilling time in a person’s life. and our life goals when we’re young are pretty simplistic so when we pass our thirties and either reached or given up on those we can feel meaningless. but it just means you’re more mature and you can make new ones. your life may well be only half over, if you’re lucky and if you treat yourself well. if you set goals and be honest with yourself about what would truly make you feel content, be willing to age gracefully and not try to cling to a youth that is gone forever, you may well find yourself enjoying the next part of your life even more than the best times of your first.
you and i have different lives. i have a financially challenging situation going on. i share the feeling of not loving getting older. i’m more tired, there’s almost allways some pain somewhere. i’m a dad and hear myself when i talk to younger people sounding soo boring. but also i kind of love it? the novelty of youth is just that. a novelty. i feel like i know so much shit that i’m kinda getting a grasp of the situation. i know who and where i am as a person, in history, in society, in biology and in space-time. and the wonder of it all is not gone, it’s just more refined because the world and everything in it and around it is just fucking bizarre and i stand in awe and wonder of the whole stupid spectacle. perhaps one day i’ll have enough money for me and my family to get our own place and hopefully get into better shape before it’s to late but in the meantime things are weird and it’s so interesting being a part of it.
find a new interest. i’m 42 and my life is much more fun than ever before. sounds like your job isn’t a fit. best advice to young people should be to try not to get trapped in a job that sucks the life out of you. and yes i realize that’s not easy to change but shit man you only live once. don’t waste it.
i’m 24. so how do i execute on this don’t get old thing? only tried and true method i know about is jumping from somewhere high.
49. run a business, have four kids and a megafuckton of stress. that said, heading to peru with a team of kayakers to hit up a couple of the deepest gorges on earth in a month. not bragging, here, i’m saying there has to be something left that could get you as fired up as i am for that trip. make time for yourself. find that thing that you want to be great at and put the time in, whatever it is. never too late to find the magic! good luck!
the green candlesticks will always be in your ~~favor~~ *flavor*
i know i know, was just kidding because when i lived in romania for a bit, it seemed like 40% of the guys i worked with were called andrei.
same, hi alin :)
sorry, i lost my boat in a boating accident.
theyve 'thisappeared ' alright
how do you think nimbus finances his lifestyle?
like an astronaut in the ocean?
what you know about rolling down in the deep
what you know about rolling in the deep end?
that song is actually about a chicken wing in a fryer
i figured, but your joke was ironic as hell if you didn’t know how he died.
yeah that dude who surfs.
thank you, it was a pretty tough time. when i started in early 2012 btc, i think the majority had mined their own vs buying it. i was running the exchange as a "evenings and weekends" side hobby and had a full time job working as a vp for a publicly traded company. when the sec reached out in mid-2013, bitcoin was brand new to them and they had 4-5 other crypto frauds on their plate, so i think we immediately got lumped in with those and the initial conversations were pretty tense. i was worried they would seize the servers, and i knew if that happened everyone's crypto would be gone, so we had to work pretty rapidly to educate the sec on crypto, and that bitcoin does not automatically mean a scam, and especially that my platform was not a scam. part of that, as you guessed, was also teaching the lawyers. we started with securities lawyers and i spent many hours at a whiteboard in their offices explaining litecoin. once that was settled, we next worked to determine if the platform could operate legally. when i started with ltc in early 2012 it was essentially virtual video game money, but very rapidly (eg, with the big btc run up in may 2013) crypto had turned into something far more substantial. the regulations weren't there yet for us to register (if i remember right, the fine was for "operating an unregistered national securities exchange", ie, on par with the nasdaq kind of thing) or to get an exemption to operate, so we had to shut down. i spent the next couple years winding it down. we allowed traders a month or two to close out their positions, then spent another several months working to get everyone their withdrawals. not everyone was paying attention, so the withdrawals dragged halfway into 2014. then for much of 2014 and 2015 i fielded requests for tax records. during that time i'd even added new features to the exchange to download [bitcoin.tax]( compatible csv's so that everyone could do their taxes. we always had good reports in the platform and good records downloads, but the [bitcoin.tax]( format made it really easy to just take the csv and go plug it in on [bitcoin.tax]( final shutdown for the servers was mid-2015. the whole thing was a pet project that entire time. i was doing all the dev work, the operational security, the sysadmin work, the customer service, etc. had i lived anywhere but the usa, there is a good chance it would have been binance before there was binance. we were already doing more volume than mt. gox some days. fun times. :)
i wonder if the current breed of bitcoin newcomers will be able to say something like that one day. like, i spent enough bitcoin on binance commissions to retire at today's prices (the 'today' being a day in the future)
my youth in a nutshell. fuck them drugs were too cheap back then lmao
choose me to hold your .6b in bitcoin. i'm not in africa!
🎵 they took my gains down in aaafricaaaa.🎵
yes, they have. look at how they treated people suspected of supporting the hong kong protests. they freeze assets without cause.
yup. guy makes schaub look like einstein
hahaha you’re fucked, buddy, i actually am a cop 👮🏿‍♂️
doesn’t work. healthy eater and workouts my entire life. will be killed by stage 4 colon cancer before the year is out. liver has tried to shutdown multiple times and have run out of options so not exaggerating about the end.
you should suck a bag of dicks.
the only thing worse than drowning at sea is drowning at sea while being cursed by adware. truly horrific.
i survived a near drowning death as a child. there's nothing peaceful about it. even if you want to die you'll have second thoughts. you will panic. even if you want to die, your biological instincts to survive drowning will kick in and induce panic.
actually michael caine only said that in the prestige to make hugh jackman feel a bit better about his wife's death.
i think you may have this mixed up with oxygen deprivation by doing something like flying up to high altitude and suffocating due to the lack of oxygen in the actual air. that can be a relatively peaceful way to die as long as you're passing out before the brain recognizes the lack of oxygen and you start to convulse. drowning on the other hand may be one of the worst ways to die. it's one of the rare few ways to die that can actually punish you for being healthy. if you have good lung capacity and manage to have a decent amount of oxygen in your lungs before going under, you just bought yourself extra time to come to terms with the inevitable. people that have survived drowning following resuscitation can even account for the exact moment they realized they are done for and accept the fact that they are going to die. it's usually a very lonely struggle resulting in you being swallowed up into the void with nothing left but your last thoughts and enough time to understand that you just made a critical mistake and it cost you every moment from there on out. no thanks.
chocking is bad enough, cannot imagine gasping for air and having the lungs being filled with water.
i wouldn't advise it trying it
unless you are panicing that you are gonna die
the real mvp right here.
agree. closing 40 myself. the nice part is by this time the basic expenses should be mostly covered by now and should have more fun money. i never imagined my self owning a motorcycle above 200cc and here i am now with a 650cc. so many more places to explore, friends to make but just need to be careful as the body would not be as resilient compared to 20 years ago. can't wait for this pandemic to be over to get more outdoor hobbies with my children (looking into starting them in rc planes or archery).
lololol, the young guys are totally gonna freak when they find you.
i do the same. even in negative situations like watching a street fight or being in an argument. i get fascinated with “how” it all happened. every day shows me that i don’t have it all figured out, and i kind of fuck with that.
i'd like mine shrek flavoured please
yeah 🤣 … also plenty of : ion , maria , alex , etc .
hello there ! 👋
hell, i lost my boat in a crypto accident! don’t invest more than you can afford to lose
i guess this won’t float well
i lost my boat to boat cancer. - ross's dad
really interesting read, thanks for sharing your story. sounds like you put a whole lot of effort into everything - sorry to hear sec took all the profits.
maybe do an ama?
what an awesome but sad story at the same time, props for being involved in a big way so early on!
kudos to you. sorry you not come out of it with some good profits. thanks for sharing.
every heard of dark net diaries? you seem like the kind of person he would like to interview. i'd for sure listen to that episode!
sorry to hear this. you were a pioneer and more than an early adopter. you should be minted forever. unfortunately too many people are not as smart as you and you are almost penalised for it. you're exactly right about the binance thing. i hope you do not give up. you should consider doing it again now the timing it right. or another cool platform. best of luck.
🎵gonna take some time to find the coins we used have... (ooh, ooh)🎵
sorry to hear that, all the healthy living does not work if your genetics are fundamentally fucked.
just know that you will be missed and i’ll see you on the other side.
stay out of my business, fed!
alex jones enters the chat
witty, come up to your mothers room and say that to my face.
that makes sense given how i've always heard that lifeguards have to deal with drowning victims being completely out of control and unhelpful. nothing peaceful about that.
i almost drowned when i was a kid too, i got sucked into the ocean via riptide in australia and it was the most terrifying thing i’ve experienced. i just tumbled away and next thing i knew i saw my dad and brother playing too far away to hear me but i couldn’t even scream for help because all my energy was spent trying to keep my head above the water to breathe. i honestly don’t know how i got back but it felt like it took hours to get back to where i was seconds ago. i know this is morbid but part of me hopes he was just knocked unconscious before drowning so he wouldn’t have to experience that kind of chaos before passing away. rip
it's been said in pop culture for a long time for some reason.
even worse, once you are deep enough in the sea, you would not even which direction you should swim toward.
saved a friend from drowning once... he pretty much said he had accepted he was drowning and gave up while sinking 10 ft. don't go swimming after your insane keto losses, people
well that is freaky. i almost got swept out in a rip current once, and had basically accepted that i was not gonna make it. thought it would be peaceful but i'm especially glad i saw that dude on the boogie board!
painful to even read that.
what sub is this again? getting some strong philosophical vibes
fuck that. i don’t want to have time to think about how my internet search history is.
murder mystery reddit edition: nancy snoo
they’ll call faquez… *the elder*
not your keys not your boat.
it’s all good. working on a better platform now and feel good about getting a chance to earn some of my litecoins and bitcoins back now that the regulatory paths are all worked out.
i’d be happy to. i’m working on a new platform now, maybe i can get the marketing guys to sign off on something like that when we launch.
i have not, looks like a really cool podcast, listening now to project raven. :) our story of being the exchange that shutdown and returned the funds does not end up being nearly as interesting as the successful hacks, operators running, and faked deaths. haha the really interesting technical(eg, attempted hacks and security approach) i cannot thiscuss publicly in any kind of depth.
they probably aided in the torture and killing of these same protesters. it’s a lot easier for the police to round up protesters when they have no access to money. so, i’m not sure why it’s lol worthy.
yeah its true its really really fucked up its kind of a roll of the dice. theres people who eat like shit smoke drink and take drugs who live firmly in to old age and theres people who take spectacular care of their bodies and die young. but for the majority living healthy will make a difference.
is your username a porzingus reference?
so much for frogs being amphibious, eh, lads?
same thing happened to me at cronulla beach as a kid - i can still remember the whole thing like it was yesterday.
i don’t appreciate you validating my fears.
uh i know where the sun is, i know where it was when i got swept out
don’t understand the last bit, can you explain?
no boats and no hoes.
would love to know about this so please post here when you launch!
also interested - following!
need any help? i'm a full stack developer - php, mysql, javascript, html, and python, node.js as well.
boss man. keep grinding away.
no it’s a reference to pingu. what’s a porzingus?
yes if you can calm yourself down from the panic state, try to recall where the sun was while fighting drowning, you might be saved. unless it was around midday
friend had lost 1
this is only true if you knew the origin of the original purchase. otherwise, btc could simply be moved around without anything but speculative ownership.
he went on to [tweet]( >"_some ordinary russians are using crypto as a lifeline now that their currency has collapsed. many of them likely oppose what their country is doing, and a ban would hurt them, too._" this is so true... tens of thousands of russians that have been able to resist brainwashing propaganda and put their lives on the line to publicly protest against putin are also the casualties of economic sanctions. these russians are hero's, not threats. there's been times where i've thisagreed with brian armstrong ... but personally i think he is spot on here.
unless theyre using monero
the best way to freeze russia's assets would be to put them in a coinbase account. won't be able to access them for months. (get fucked, coinbase)
otc trade is a thing. that is all.
enter use case for xmr
yeah, cause shell company transfers are unknown...
if a russian oligarch dmed me, i definitely wouldn't accept a transfer of btc, change it to monero, offload it onto a physical wallet, and then "accidentally wash it in my next load of laundry."
funny story. i taught a few boomers at work how to use metamask and pancake swap so they could start playing the shitcoin casino. they all think that it’s super private and anonymous. one in particular was talking about all this money he was going to hide from taxes. i had sent him some tokens in the past so i fired up bsc scan and told him his last couple transactions, what he had in his wallet and how much it was all worth and let him know that just because he transferred his bnb from a kyc centralized exchange, the government could tell him all of the same info if they felt like looking into it. dude looked horrified. people think that it’s some anonymous clandestine thing but it’s literally easier to trace than buying a tv with cash or a gift card. it’s all public to anyone and recorded forever. i know there’s a couple exceptions but you’d have to be really savvy for that and if your goal is to hide shit, there’s still less traceable and safer methods to use.
i mean he’s right lol. doing something like that on a tech that can’t be tampered with isn’t exactly in line with russian ops
lex luthor is right. good luck trying to avoid sanctioms using an open chain. they dont transfer cents they make contracts of millions of money.
this is what crypto is. freedom always has a downside. freedom of speech allows people to say shit you dont like. crypto allows people to move money even if you dont like it. its the cost. thats what we have to pay in order to gain the freedom that decentralization gives. ' way to go coinbase. making an unpopular opinion that will cost them and their stock price. but doing it to support true crypto principles.
it's really hilarious to me how people think crypto lets you do all these sneaky things that cash does not let you do. cash is literally 100% untraceable and no one has any idea about any purchases that are ever made in cash. 100% of crypto transactions are in a public database online. yes, you do not know who the parties are in this transaction, but it is significantly easier to trace crypto than it is to trace cash.
such a powerful point that legislators will just ignore
yep this is obvious,, they need on ramp and ways to get liquid. i do not think crypto will prove useful to oligarchs yet it could help everyday people to get through the ruble crisis.
yes, this is correct.
rich people already developed systems to maintain their wealth. i guess they are not afraid of sanctions that much.
what about russian backed mining farms?
are the russian banks even open? russia's economy is in shambles already.
oligarchs are probably not interested in crypto. the average ivan and anya may be interested in crypto to keep their savings or to know the price of food the next day, with the ruble suffering a spiral of devaluation. if coinbase denies access to crypto for them: - will they blame their own government and protest against it? - or will they blame the americans and radicalize against them? finally, for a thought experiment. what would be the situation if russia had banned crypto a few months ago (just like china did). would the west be helping russians to adopt crypto as to produce greater chaos in the ruble?
i’ve been saying exactly this for years. if they can prove the wallet address is yours then that have a full log off all of your transactions. use monero if you’re trying to stay anonymous
but bitcoin is anonymous and only used by criminals!
only oldheads & bank puppets like warren and clinton think russians are stupid enough to use open ledger to transfer billions. they use the old fashion proven way: suitcases full of dollars, euros, yuan, rupees and gold bars.
stop saying monero for free karma and moons. how would they pull off anything with monero's liquidity? jesus...
"assertion that benefits me." 'oh wow, how insightful, yeah, we should let him flout sanctions.'
uuuuh, this is bullshit. as someone involved in investigations on blockchains, there are plenty of ways to obscure crypto funding and movement. it's roundabout and sometimes complicated but is done constantly.
they would immediately be investigated as soon as they buy thousands of bitcoin.
sneak? why would they need to sneak the crypto? wallets are anonymous, and can be absolutely anywhere in the world where there is an internet connection. a simple server in a non-extradition country is all one would need. even if they found out who the wallet belonged to, what are they going to do about it? traceability is pretty much pointless here.
i am so glad brian armstrong has taken this position. i have many russian friends and they are all against this war. expat russians have almost no way to transfer funds to foreign accounts, and if they do, their rubles are becoming worthless. this is a prime use case for crypto
and just like that he called out all the forms of money laundering being used
love how he included art
before the government starts using this as an excuse to attack crypto, let us focus on the banks and hedge funds that are actively shredding documents that link oligarch money to their businesses.
the simple fact that the simpletons do not seem to get is any of the oligarchs would have known this was coming down the line and to think they are not prepared is ludicrous. regardless of this whole war and sanctions situation, theses "evil" russian oligarchs have been planning and thinking of sanctions for decades. does anyone really think some fucking russian billionaire who got his money doing dubious things woke up last week and said "oh shit! i need to open up a binance account so i can fill up the yacht!". these people have been hiding assets and blurring the trail for ever. i'm not sure if it is still true, but for a long time the unofficial top industry in cyprus was laundering money for oligarchs.
privacy coins exist, shhh
coinbase never operated in russia in a first place
i think more regular, innocent russians will benefit from crypto than oligarchs.
what about monero or scrt?
also coinbase ceo: this guy deposited 100k? sieze the funds and flag the account.
just daring for government regulation on it.
will somebody tell this to elizabeth warren already?
then trace them and report them, and it is not just oligarchs, putin's supporters in general, many of whom are living amongst us in the us and europe. florida has a huge number of putin fan russians, many of them criminals or thisnformation agents. i have met them, i know.
did anyone ever figure out how the fbi seized the pipeline ransom ware bitcoin last year? i wonder if they can crack wallet encryption. the government does have access to supercomputers and i’m sure it’s not cheap, but if they’re motivated and spend the resources they might be able to.
do you even monero, bro'?
my dream is 5 crypto bros rugpulling the russian oligarchy.
smuggling business is booming in russia i heard.
now i think all the privacy coins be like, what were we created for... :d
not all wallets are public... wtf ...
okay so i withdraw from coinbase in btc, buy some monero, and boom no more tracking. the ceo of coinbase knows this damn well and is 100% bullshitting here.
traceable and stoppable are two different things, no?
wait a minute, you're saying those who have been laundering their money through traditional means will continue to do so and not use an easily traceable digital asset from a centralised exchange?!
coinbase, as well as binance, refused to block the accounts of russian users. this is probably correct, because i am sure that there are many ordinary people among the users of crypto exchanges who are not to blame for this situation and it would be unfair if they were restricted in use.
coinbase ceo: crypto is more traceable than fiat... i thought the term 'crypto' was to avoid all this fiat shit. the only thing you can see are wallet addresses and whats inside them. in a fiat system with a box room, you cannot see anything. but the bank has all the information on who owns the box and has a key to the box.
monero looking the other way, whistling.
what an absolute load of bullshit. this guy cannot believe that to be true. the money has already been placed, the network of accounts and wallets are active. open your fucking eyes you dumb fuck
this noob never heard of monero pfffft, putting the "crypto" in cryptocurrency.
maybe my question gets buried, but to my understanding, there are bitcoin mixers that take multiple transactions into a huge pile and thistribute the outcome in a "random" way or something like that. if the russian oligarchs use these mixers, wouldn't the trasability be lost?
tornado cash… monero tornado cash and monero everywhere
unless they use tor, with vpn-protected wire transfers to buy monero.
*monero has entered the chat*
he said the quiet part outloud!!! crypto more traceable! digital money can be turned off. dont fall for this scam cash is king downvote to hell lol
"bitcoin is anonymous!" later, "bitcoin is transparent so we know where the money is." which is it? i mean i know how it works but hearing this spin has always pissed me off. i was always quick to tell people it is not as anonymous as people think but would be brushed off.
yes. bans on crypto will screw regular russians that want to escape from inflation and persecution from putin.
*everyone casually looking everywhere except at monero*
politicians will probably ignore this and still try to regulate
meanwhile credit suisse is shredding documents that link russian oligarchs to loans backed by assets like super yachts. can't shred an open digital ledger.
this conflict has shown us the importance of cryptocurrency. i just wish they would show the benefits instead of always being worried about what *could* be illegally done.
punishing innocent people is not the way. nice thinking from him.
wow… can’t believe they would think that. is their security team run by hamsters? talk about killing your credibility with that statement. russian oligarchs literally own the infrastructure and equipment used to print identities. do you think it’ll be very difficult for them to fake accounts to extract bitcoin or other crypto? they can even stick to small amounts and just have someone run transactions all day. how short sighted are the people running coinbase? this is akin to burying your head in the sand.
bullish big dick energy.
ah yes. if there’s one thing crypto can’t do, it’s anonymous transactions.
what a load of bullshit, there are literally hundreds of ways you can launder money through crypto. ever heard of a bitcoin tumbler?
he has a point
yeah and nobody uses cryptocurrency for illegal stuff for that same reason right?
i'm sure there is nice, safe ways to move it if you're not an idiot throwing billions of rubles into one wallet and moving it all around in titanic lump sums. have they not seen ozarks?
have none of you seen ozark? ain't nobody laundering money via crypt lmao.
pending nft boom in 3...2...1...
putin and the russian people are not the same. some oligarchs have already spoken out against the war. i cannot wait for people to call for all of our us accounts to be locked the next time we invade a country with no just cause.
i must have just hallucinated all the times drug dealers on the dark web used crypto for their transactions on silk road.
you tell em baldy!
they could use monero, but even that is not mainstream crypto, it’s like in terms of market cap.
coinbase definitely controls the transaction and can reverse it. gyen.
well. thats a lie. tornado cash for example.
still complete assholes that are taking an active stand on the side of authoritarianism over democracy.
this isn’t true at all. they can just make their own cbdc and use monero for the external transfers.
y'all are saying "monero" as the solution, but these people do not want bitcoin or monero because you cannot use it for most things currently (like buying yachts or vacations or soccer teams). and to get bitcoin or monero into a currency they want, they have to interact with some person or system that is either (a) fully on board (by force or choice) with fucking russian oligarchs, or (b) going to take a huge cut just like any old money launderer (or who might just kill you and take the money, as are the risks with shady deals). i'm a crypto bull, it is the future of how humans (and systems) exchange value and allocate resources, but let us not act like we do not still live in the real world and not "the metaverse" or some shit.
~~coinbase ceo~~: nah fam this title should read *human thumb*:
the irs, nsa, fbi, irs, and about two dozen other black ops have now entered the chat. have a great day!
he is absolutely right.
here’s an obligatory трахать тебя. you’re welcome.
it’d be like watching whales surface on the waters “oh look son!… there goes another whale trade!”
if crypto is so impractical for big money laundering, why cannot small amounts of crypto be bought and sold in small amounts (+/-5) without kyc aml compliance passport photo over some shady online cex??
i mean he’s right :)
i thought that the whole point of crypto was…nevermind.
wouldn't you have to know who owns the wallets transferring money? also could not they just make a lot of wallets and a lot of smaller purchases?
the two biggest scumbags in crypto took this stance, coinbase and binance.
rug pullers looking at russian oligarchs like fat kids looking at cake.
ok... "do not use coinbase" ...noted.
what a bald pos that guy is. give me data that shows my cost average and maybe then i’ll listen
that is one bald head.
hey it is patches lol
us politicians will ignoring this information
russian nationalist channels on telegram are outlining how monero can be used to move money around in an untracable way.
russia should just sell itself as nft.
what a load of bs, up until now was 'untraceable', now it is 'more traceable than cash'... they just change the story whenever suits.
can’t you just put it all into tornadocash then start withdrawing it into hundreds of addresses
today i learned the ceo of coin base is a manipulative liar. who woulda knew?
why would it being traceable prevent them from using it to fund a very obvious and public war?
this wouldn’t go over well in that r
i thought the whole point is that this is less traceable than traditional assets?
otc is very important to the rich.
not when you’re trying to move the asset across the world lol
oooof thought i had to delete my account and move my shit now, just saw coinbase ceo and something about russians, figured they where the next to ride the wave of this bs.
tech bro thinks they are smarter than the teams of lawyers and accountants that teams of billionaires can assemble. is shocked, absolutely stunned, when they find out their system can be used for nefarious purposes and there is nothing they can do but be complicit.
i support the sanctions being effective but just curious. if this was the case what was the initial reason for developing crypto? i assumed anonymous transactions was the intention of the design.
why would they care if you know about it?
that's not true. they could easily use any number of wallets for large transactions. it would be easy to hide your tracks. the russian oligarchs have access to very savvy it and crypto experts. and infrastructure to do whatever they want, in a controlled internet environment. meaning they own the russian internet.
so... someone help me out here... silk road... scammers... all take bitcoin or some kind of crypto currency. i thought it was because crypto currency was all untraceable. hence why buying drugs online was done with cyrpto, because it wouldn't get traced back to you making said purchase... so... what does he mean it is more traceable than the regular dollar?
how hard would it be to load up a system with a bunch of identity docs and automate account creation, then run some transactions under the surveillance threshhold through each one? i guess the sheer volume required would make it too obvious, but it is worth a shot.
uhhh. ya right lol
why couldn’t they use multiple wallets and multiple transactions to dilute it?
sounds like something ken griffin might say.
he's missing the point; the traceability is not what anyone is worried about. it's the transacting money exchange when sanctions are designed to prevent it.
so how do we feel about this? legit? i love russia, and ukraine 🇺🇦. it’s not the peoples fault. how do we stop putin? he is filth. 🤮🤮🤮🤮🤮🤮
is it just ignorance at this point?
they are definitely using crypto to get around sanctions
does it being traceable change the fact that the value is still being transferred successfully?
ok, so they launder no way for everyone to see, but since crypto is not centralized, they cannot do shit about it
arent the adresses basically anynomous? sure you can track it but is it just as easy to tie it to a name and id?
it’s not an open ledger though…? it’d be anonymous address…. and what good does tracking a ledger do if you can’t trace back the wallet? there are many crypto whales that simply have no identity other than their unique address… coinbase is out here giving a suspiciously stupid answer to a suspiciously obvious question. ‘sneaking’ shouldn’t even be an issue. bitcoin itself was founded by a ‘sneaky’ pseudonym that we still don’t even know who they are or if it’s even a real person or not. if you ask me, as not the ceo of coinbase, i could easily assess that russian oligarchs have every reason and then some to utilize cryptocurrency right now. i think what the ceo is doing by thiscouraging the belief that they are using crypto to avoid sanctions is trying to protect the crypto space from some sort of restriction or regulation. as long as governing bodies don’t assume you are supporting illegal activity they likely won’t come after you. coinbase is basically saying ‘it’s an open ledger. so anyone can openly use crypto. so yes, obviously russians are using it right now to avoid sanctions. but there are other options as well besides crypto. however, we want nothing to do with that whether they are or aren’t because we just want to stay operating legally as a business and keep making money.’ edit: also, as others have pointed out, transactions on the monero blockchain can’t be tracked or traced. *monero uses an obfuscated public ledger, meaning anybody can broadcast or send transactions, but no outside observer can tell the source, amount or destination.* so if russians value certain financial privacies and freedoms that outside sanctions restrict, then there is no doubt that cryptocurrency is a potential solution. or in my opinion, the solution.
ddduuuuhhhh man i used to think warren was sane before the whole being 1.
which is weird how people think that crypto won’t lead to more government intervention into their personal finance. so weird
people could still use p2p services.
true but there is nothing you can do about it. that's the point. it can work for oppressed populations or oligarchs evading sanctions.
that would matter if they cared that people knew they were moving money around. they are not trying to launder the money or hide it from law enforcement in their home country, they are trying to get the money to somewhere they have access to it and the transactions being traceable does not prevent that. they would not be punished for defying the sanctions, the sanctions are the punishment.
coinbase passes on the risks to it is customers
yeah open ledgers, they will surely use open ledgers
political agnostics... i like it
let's say you can trace it. so what? you cannot do a damn thing about it. which is why crypto represents the ultimate form of tyranny
the monero crowd is fuming right now.
sure if your transfer your crypto through coin base lol. i mean he’s right about the ledger, but it’s pretty easy to keep anonymous unless you’re idiot and keep everything in one address attached to personal info
let's normalize calling american billionaires "oligarchs" too.
i don’t think traceability has anything to do with enforcing sanctions. i mean, you can “watch”russia circumvent sanctions and not being able to stop it.
never heard of monero?
lmao ok they can just mix with monero
what bullshit: mass automation, mass sock accounts done and for example middle east ballers ready to drop literal pallets of usd
it’s about time those politicians and big government realize this?
the oligarchs don’t need crypto when goldman and jp are buying bonds along with the us buying their crude. c’mon politicians get it straight.
traceable is one thing, but you cannot stop transactions so what's the point. like we can do anything if china feels like sending a billion to russia.
can't you, "scramble" crypto tho?
or premiership football clubs. best laundering any igarch has done yet. [looking at you chelaea fc]
someone introduce coinbase ceo to nft.
monero has entered the chat.
very safe bet the oligarchs already have a couple million in cold wallets incase of an emergency.
right. and the 35+ million in bitcoin that just transferred to coinbase anonymously yesterday is a coincidence? totally. prev link was
did some say nft?
funny. crypto is for morons who do not understand the basic principles of thermodynamics.
as usual, in an actual use case, crypto is pointless.
people really think crypto is anonymous? lol
crypto exists without coinbase. coinbase is a way to turn crypto into fiat. coinbase is a way for russians to avoid sanctions. doesn’t matter how you sugar coat it. this place is an echo chamber.
surely even if they tried they wouldn't do it via coinbase?
he is right though its easily traceable and block them off from trying to cash out.
lolololol. crypto needs heads explode.
where’s the “bitcoin fixes this “ shills now.
we all know this. the gov just wants to shit on things that scare them. did you know all cyber crime is done on computers? i say we ban these computers before they take over!
coinbase's ceo has never heard of a tumbler before?
monero enters the conversation
lol remember coinbase problems? also how he is been sued for stealing? plus this?
if crypto ceos are touting how traceable crypto is, then i will defer to nourield roubini on crypto .
crypto exchanges are basically going against the trend of every other company, right? i have to say, as an american i would not want to be held accountable for the sins of my country, my oligarchs, and trump.
this is why everything on coinbase is over-regulated garbage which doesn’t bring freedom or self-sovereignty. not implying i want russian elite to have freedom but the 99.9+% under them should have access to freedom coins (ie. monero).
"let me say this thing that protects my business, coinbase is totally helping out the russian people who's currency is too worthless to even buy bitcoin"
it took the us government 6 years to catch the bitfinex folks - and they are not even the whole crew. one literally is a 20-something who raps about hacking. and the other literally bragged abut hacking on social media. color me skeptical, coinbase.
i thought the whole point of crypto is that it was untraceable? what’s the point of it now? it’s an asset worth money like gold or silver, but has no physical use.
what a pile of bullshit.
when the most powerful country is trying to use sanctions in an almost universally backed way, do you want to stand against the crowd and say ‘nah we think what we’re doing is fine and aren’t going to listen to you’? unsurprised crypto is falling atm, as an institutional holder i would be panicking at the statements coming out of these crypto executives.
tell that to the anti crypto senators
this is a completely thisingenuous argument. sure we can see which wallet addresses are sending money to which wallet addresses, but we generally have no idea who owns the wallets. criminals and oligarchs are absolutely going to use bitcoin and crypto to avoid sanctions.
what about privacy coins?
all this oligarch talk is a smoke screen imo to appease people who want action. putin's boys had plenty warning to prepare.
it's been great at catching ransomware gangs.
yeah brian , tell em!!
decentralization makes it ez
i do not know a lot about crypto, i'm an outsider, but is not the whole point of a cryptocurrency that it is not traceable?
whoops, said the quiet part out loud.
reason that crypto is extremely dangerous. once governments figure it out they will have total control over every single one of our transactions. using ai to monitor everything we buy and sell. ensuring everything is taxed and controlled.
well said. the anti crypto politicians will use anything they can to put crypto down... they keep saying crypto is used by criminals as if fiat somehow has never touched crime.
i'll agree that exchanges are easily tracked. but it is possible to buy crypto anonymously to a wallet that is not linked to any financial institution. then do your transactions with tornado.cash and you have a pretty anonymous process. this could be made more privacy orientated with multiple dummy wallets.
wait does this mean we buy monero because it will get more use or we sell monero because it will get bad press and exchanges will face pressure to delist it?
am i tripping or are they now telling us that crypto is traceable
don't forget about scrt
also there is no liquidity to take the money out, and they cannot spend the crypto in anything meaningful
that's an incredibly dumb explanation.
more traceable *eventually* in the immediate, it’s an easy way to avoid sanctions. let’s not act deluded.
uhh, i beg the differ…
so you're saying crypto does a worse job of what it was supposed to do than the thing it wanted to replace?
“graphic warning” part 1 russian invaders shooting civilians. father was killed in front of his sons eyes, ivankiv kyiv region. part 2 the aftermath they killed the son as well and threw there bodies in a ditch. 1 dog survived and is seen sitting in the ditch with them.
theyll just buy a half half yellow and blue painting for 4000 million dollars, because if it can be made in a few hours its art! worth more than normal people make in a lifetime. we just arent smart enough to understand the complexity of 2 colors on one canvas
i do not think russian at this time cares much for trying to sneak in and out money, they just wanna do it, no sneaking involved.
crypto ceos when talking to libertarians: "it's totally immune to regulation and lets you bypass corrupt governments!" crypto ceos when talking about their use by corrupt governments: "it's totally traceable and definitely would not let them circumvent sanctions!"
and why would they care if it is traceable?
friends, i am from ukraine, the city of kharkov. now i am in western ukraine, in the city of lviv. we are raising funds to help refugees who were caught by the war. the money will go towards food, medicines. we will be grateful for every penny. everyone who sends money, please - write in a personal message, after the purchase and the transfer of humanitarian aid, i will provide you with purchase receipts. btc: 16yp3yatdhiwcpygfxfeyvpgskzf2jjaj1
okay now let us iranians use cex too
i love how lots of people think russians will now use btc to bypass the sanctions and shit. do they not realize that russia pre-sanctions traded 50billion ? where and how do you want to provide so much liquidity to bitcoin to support these magnitudes of trades?
i mean, with protections of corporate veil and shell companies and really no restrictions, dude has a great point.
yet another dumb talking point by msm that doesnt understand crypto "der russins will use the crytpo coins to hide from us" no they wont. except if they use monero or something, but for the most part i dont know any one that would entrust billions of dollars into some volatile alt.
that's only if the oligarches' wallets are kyced right? otherwise it would all be anonymous even if public.
what about using zcash? no?
i mean if i was a russian oligarch and i needed to convert a bunch of money into something, i would definitely buy crypto no matter how traceable it is but i'd park that shit in a hardware wallet. unless somebody kidnaps the person and holds them at gunpoint to get their ledger nano, i'm pretty sure their cryptos are safe long-term. eventually this shit will blow over, some of the sanctions will be lifted and they will probably have 10x their money. i definitely wouldn't invest it into "art", cough cough. seriously though i feel like i should start an nft called dickpic, a bunch of little minecraft quality digital dick pics because some dumbass would pay 1.2 eth for each of them, i'm sure. to any russian oligarchs reading list, do not invest in nfts, this is financial advice! 🤣
remember when one of the selling points of crypto was less tracing of transactions? pepperidge farm remembers... though he knows he is being coy here, lots of fronts and shell corps hide oligarch and organized crime money already.
but... but miss polsi says...
be bald. be bold.
because it is not really about the russian sanctions. they just want an excuse to regulate crypto. ' with that said, these exchanges would absolutely comply to sanctions if they are required to.
coinbase must be planning a glitch like the other glitchs glitchin your your coins on a exchange that "does not guarantee that the app works" glitchin in the usa
wow this is why crypto major purpose is a sham, the amount of dip shit crypto bros who think it’s completely untraceable and decentralized would say otherwise. the hypocrisy is astonishing
the one major thing crypto is good for is propping up authoritarian leaders in the world. fuck crypto - sell it all and help ukraine
makes zero fucking sense, and if it is true, crypto is a fucking scam
fuck coinbase, fuck censorship, what about the 14,000 dead russians killed by mortar shells from neo nazis ukrainians? what about the coup in 2014?
exactly, they just want more arbitrary powers like trudeau so they can fuck with people without due process. there are already many existing laws and tools available for them to tackle money laundering, they don’t need new powers.
guess we need to make the u.s. dollar illegal huh
i guess this guy has never heard of brainwallets
we say american billionaires but we say russian oligarch... make you think
this mf is a proponent of monero. he is 100% lying his ass off to get congressional heat off as well as save his own ass.
yes! it's time to go on the offensive in defense of crypto instead of always trying to counter the bad actors. most evil
# this is a ridiculous post. the rise and fall of crypto has almost certainly had something to do with sanctions on russia. ' **september 8, 2021:** ... 3 weeks prior to the september rocket in crypto [representatives tom malinowski and john curtis introduced an amendment to the 2022 ndaa that would force the administration to evaluate potential sanctions against all 35 of putin’s associates that were singled out by navalny’s anti-corruption foundation back in january of this year. in a letter addressed to president biden, the group urged the united states to sanction dozens of oligarchs accused of political persecution, human rights abuses and corruption.]( ' **october 21, 2021:** ... 2 weeks prior to the november crypto crash that is still happening. ' >sanctioned russian oligarch urges central bank to embrace bitcoin"the billionaire emphasized that cryptocurrencies like bitcoin have massive potential to not only help russia avoid u.s. sanctions but also weaken the u.s. dollar" [ **edit:** another source of the incident as a moderator pointed out cointelegraph may be an unreliable source of info. [ ' **february 22, 2022:** ... crypto dropped 5 days prior[russia invades ukraine]( ' so many more examples, i just do not have time to post more as i am working.
soooooo they will censure wallets on a whim, today is russia, tomorrow is truckers, day after is you!
what are everybody’s thoughts on mobilecoin? i think it’s an exciting, energy-efficient alternative to the already good monero.
we do not have to guess. history already shows crypto is great for laundering.
it’s about control and setting the precedent that freezing assets is ok. its never ok. they already changed the language of domestic terrorism and even tried putting parents on it that didn’t agree with their indoctrination. how long would it be before your banning and freezing u.s. citizens for speech or even thought crimes? not long i’m betting.
why are they called "oligarchs" in russia but "entrepreneurs" in america?
this is actually sad...
'we cannot ban russian oligarchs because their money is basically propping up this whole system and if they pull out the rapid price drop will spook everyone into withdrawing' i mean errrr there's no risk? or something?
lol. crypto is untraceable except when we want it to be for publicity. then it’s a public ledger. i love these guys.
you cannot avoid sanctions if you own coinbase ious. but those are not crypto. this guy is toxic.
i thought you could not trace stuff with crypto
art is a common way people launder money. is that all you were trying to say or something else?
but the same thing applies to nfts no? if you agree with statement 1 about ppl not using the blockchain to launder money but think nfts are then that is a inconsistency. the same thing applies. yes pll csn and are laundering money via nfts, but it is a public ledger voa the blockchains. it eventually catches up to ppl as all their laundering is on chain. this is a big no no for ppl who legit want to lander money.
a lot of art masterpieces were acquired by americans after the bolshevik revolution caused the russian aristocracy to flee and liquidate their art collections for cash. i wonder if we’ll see something similar now.
you mean like hunter biden selling his art for 500k?
this is one more reason they like yachts. easy to go from one nation to the other.
funny how things change they stay the same. its nft's today that are accused of being a conduit of laundering money, and it was abstract impressionism and other postmodern art forms in the 50's and 60's.
wouldn’t nft art fall under that category though?
didn't a magritte just set a record by selling for 80 million or something? the previous record was 37 or 27. that's a big jump.
the coinbase ceo is just another oligarchs! oligarch supporting oligarch is nothing new
must they always do this?
🕹zilla p2e game 🦖 ⚔️ pvp mode 🦖 🚀the best nft p2e game ⚔️ 📱 🔥dev fully doxxed project 🔥coming soon🔜 first week of march 🚀best nft influencers and marketers on board 🚀 t.me
as a russian, where should i put my money to not lose a good chunk of my savings to sanctions? i have usdt on my metamask wallet and i'm really worried. can they track these tokens?
well please mr. coinbase give iranians access too. but nah, they would not. they are saying these stuff because russia's market share in their app is not negligible.
we shall not blame all russians because of the actions of their dickhead dictator and his minions
yeah sanctions hit the people, unfortunately, thats at least part of the point. we didnt sanction doing business with iran because the leaders of iran have a stake in each and every single business in iran. no we wanted to hurt their economy read hurt the little people the most. and make them angry at the leadership. its unfortunate, but like fines and everything else, its going to hurt the wealthy and connected a lot less. yeah they still want their billions but if their billions were cut down to millions, they can still pay the power bill. where the poor outright lose their means of making a living when businesses have to close due to sanctions. if you can come up with a way to only hurt those connected and only those with money, without hurting those they hire and pay, id love to hear it.
i’m not saying he’s right or wrong on the issue. just that he’s really sketchy is a known liar and takes credit for other peoples work. [the most recent example being the coinbase super bowl commercial.]( in any case i have to wonder how much they’re making in fees from the russians desperately wanting this life line.
it's frustrating because most companies would gladly harm average people and protect oligarchs. it's all politics.
you mean russian citizens are the only casualties of these sanctions. these sanctions are only an inconvenience to the oligarchs and putin
how exactly is a us based crypto exchange a "lifeline" to anyone in russia? [coinbase has no pay out capability in russia]( all a russian could use coinbase for is avoiding sanctions to move money outside of the country into foreign bank accounts, which is not something poor russians living on the poverty line have any need or use for. poor people in russia need rubles to buy food and pay rent, they are not offshoring their money to foreign currencies to avoid sanctions.
russians need crypto to survive at this point. brian armstrong understands the current situation and how crypto is basically their only hope now.
this is a _much_ more convincing argument. russian intelligence knows how joinmarket works, even if armstrong pretends not to.
hell yeah brother. testify.
damn it is actually depressing to think that you might be right that in a country of over a hundred million people there might only be tens of thousands that oppose putin
proof for your claim?
>tens of thousands of russians that have been able to resist brainwashing propaganda and put their lives on the line to publicly protest against putin are also the casualties of economic sanctions. as you correctly point out, ordinary people are those who suffer from sanctions the most. the political "leaders," such as putin and "russian oligarchs" who people have been speaking a lot of, are not really impacted hardly at all by these "sanctions" due to that the sanctions are intentionally porous and filled with exceptions and loopholes. if you want a higher level, 50,000 foot view of what "world leaders" are doing with "sanctions" and why it is that sanctions are not actually being applied to russia (although it is certainly being publicly claimed that they are), [then you can go here and take a look at the larger explanation]( the u.s.'s laws and policies will do nothing to stop or slow anything that putin is done, and in fact the statements about "sanctions" are mainly to keep people to keep people thistracted from what is really happening: **active collusion between the united states, certain european nations' leaders, putin, xi , and some african countries, with respect to divisions of power based on oil.** there is not as much a (traditional) conflict here as people think there is. **so long as the russian uranium, oil, gas, and coal continues to flow, there will be no sanctions to ever stop those transactions from happening from any country (usa, european country (with perhaps a few exceptions), china, and various african countries. "russky mir" (the "russian world," or "russian imperium") will continue to grow, aided by the united states, china, european countries, and certain african countries.** ukraine has become the new iraq . blood for oil. the big countries do not care about the small. history is repeating itself. no-one should be surprised here. the question is: what will people around the world do about it, once enough people realize what is happening? i am of the mind the best protest is a full departure from the economic system that these countries use (in other words, stop participating in their fiat system to the maximum extent possible). but in some cases the violence the governments commit may mean that this sort of protest (simply buying bitcoin) is not enough. it obviously is not enough for the people of ukraine to just go and buy bitcoin or ethereum. so i am curious to see where this all ends up.
i can imagine them using cryto as a lifeline. fortunately, they can make p2p crypto transactions. utrust even enables this for businesses and individuals. would save them the need for cash.
that quote is literally why crypto was made they control. in terms for russia their currency has collapsed i’m no longer just hedging inflation
this is missing the point of the sanctions. we aren’t sanctioning putin - he still lives in a castle with servants that serve him the finest luxuries that exist. the point of sanctions is to hurt normal people, especially people who already oppose him, to make them violently angry and go out into the streets and cause problems for his administration. the turmoil is supposed to weaken the war effort.
using coinbase for 3-4 years or so. never had a single problem. bought, sold, deposited and withdrawed hundreds of thousands. deposits never took more than 5 mins and withdraws are always via instant bank transfer. i am in uk if that makes a difference.
how do you know that a bull run has started? when coinbase servers stop working
coinbase really sucks lately tbh!
problem with xmr is liquidity, there’s simply not enough people buying billions and billions of it, it would take awhile to move large amounts of sums through it and finding enough buyers since xmr is blacklisted . there’s a reason most ransoms don’t ask for xmr still
yes, i hope i'm not dm'd either.
yes. the real untraceable currency is cash.
i'm always amazed people are so surprised that a 100% public ledger is in fact not very anonymous at all.
not only that but there are bots that watches out for whales so moving large amounts will instantly get tag as well.
i dont get it. if you put your money in an actual wallet, arent you the only one who can access it, no matter what happens? isnt that the deal about bitcoin, its safety? what should anyone do if you store your crypto in an offline wallet?
cash is a criminal's dream come true
and they can be traced easily
i reject your "true crypto principles". puritanical freedom goes hand-in-hand with thisorganization, and creates an environment where bad actors can abuse the system without reprise. decentralization is about representation for me, not necessarily freedom. if a society votes to censor something - and that vote is cryptographically guaranteed to be representative, then that should be fine.
it does not matter if you can see the money move if you cannot stop it.
legislators do not want to see the reality
warren just told other legislators that they need to set up an agency to scrutinize this very thing, so they can track and make sure sanctions are not being skirted. all the alt right clowns who infiltrated the sub were throwing hissy-fits yesterday about it. it is an open ledger made for transparency, why would anyone be so mad that someone wants to review the transactions?
yeah, it’s so funny that this meme of bitcoin being anonymous and cash for criminals never seems to die out. like man, it’s a public ledger. it’s far easier to catch someone using bitcoin than someone using gold or cash or something and transacting peer to peer in person. how would you ever track that? once it changes a couple of hands it becomes completely impossible. bitcoin on the other hand, every single transaction can be seen by anyone. it’s easy to follow the trail. you try to obfuscate it but that falls under the fallacy of security by obscurity. someone with enough willpower and determination will still find you via all of the transactions.
> i guess they are not afraid of sanctions that much. [russian stocks in london wipe out 98% of value in two weeks](
>if coinbase denies access to crypto for them: [coinbase does not support russian crypto services.]( the average ivan and anya has no need or use for coinbase because they do not have a foreign bank account, nor enough money to fly to america, open a bank account, sell crypto for usd, then fly back to russia to convert them to rubles. the only use a russian has for a us based exchange like coinbase is if they are wealthy, have a foreign bank account and want to move their wealth out of russia.
not through a cex though. that's his point.
there are at least 10 or so anonymous crypto influencers with hundreds of millions of dollars out there publicly thisplaying their wallets. no one knows who they are and a few appear to be american. it would be pretty easy to get away with hiding a large amount of money in crypto ...withdrawing 10-100 million in a month is a common occurrence.
what ways would that be? doing a ton of small transfers to many wallets?
i think this is how one lad got away with selling drugs. if you remember, there was a guy at leipzing(correct me if i'm wrong), who was using mail service to sell drugs and took crypto as a payment. iirc, police seized his crypto wallet, but he had another one where was majority of his earnings.
it's one of the main reasons bitcoin was created. it was born out of a way to get around corrupt financial systems.
tax free ( loophole) if it never leaves storage facility. they're called freeports
they don’t even need to do that. they just go to kucoin and buy xmr. no kyc iirc
the only time cash is king is if you’re trying to snort a line of coke with a rolled up bitcoin.
bitcoin has never been anonymous. nobody who paid any attention has ever believed it was.
the transactions an address makes are fully public, but the owner of that address is not known by default. but it is only anonymous in theory, because fiat on. true anonymity is really only possible by transacting exclusively on-chain, preferably with self-mined coins. not really practical.
the *transactions* have always been transparent. you just cannot see immediately the identity of the person, but once they are revealed they are traceable. the anonymous part was more of a social agreement from the community. "i'll mind my business if you mind yours".
balances and transactions of addresses are public. who controls the said addresses can be completely anonymous as long as the user does not do anything that would reveal their identity. but people with nefarious intents could just acquire stolen identities to perform transactions that require kyc, so coinbasebguy's tweet is just what's best for coinbase to say to keep investors happy.
how would a regular russian use a us based crypto exchange that neither allows deposits nor withdrawals to russian bank accounts?
> this conflict has shown us the importance of cryptocurrency but he just said its useless for avoiding sanctions because its too easy to trace?
you mean small transactions that are still easily traceable?
how you convert em back tho. cant payout a few billion without fed noticing.
you mean non-privacy coins
there was a time, some would filter it through an untraceable like monero. but that said, no the ledger recorded all that. there’s actually a thiscussion about how down the road, if a company or individual were to somehow come to own that btc used for illegal means “dirty money” it’s all public info and could pose as a problem, (depending on your definition of problem) it’s not like a swiss bank account or cash that can be anonymous, it’s public record.
that would be great if everyone stopped buying their oil as well. crypto is probably the least of worries while the oil still flows.
there is not liquidity in current mixers to support laundering at the scale that russia would need en mass. for single people or small amounts sure, it is simple enough to see that they bought into crypto and then it goes dark. but we still have the ledger. unless they do all transactions in monero, the will eventually cash into something traceable.
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of course they do. also if they wouldn't of course crypto would be used as one method to circumvent sanctions.
there are plenty of reasons to regulate this stuff. they do not need to invent anything
you have a glitch there buddy?
> soooooo they will censure wallets on a whim, today is russia you think sanctions against a dictatorship waging war in europe is "a whim"?
maybe a call out to the more useless forms of nft’s
it's obviously a reference to nfts lol
no. he put art in quotations because many people do not see any value in specific art movements and believe that much of 20th century art necessarily cannot be worth anything, so the market must be a scam. if the art is bad, and bad things are worthless, then the art must be worthless. so when sotheby's sells franz marc's, [grazing horses iii]( to a rich russian for , what explanation can be understood by those who view it as worthless?
i think they were implying buying and selling works that have no artistic merit for large sums to launder money.
i thought he meant hunter biden
i think it was just a joke about how calling nfts "art" is an inside joke amongst money launderers
that was the joke
lol fuck off dipshit
yes it would still be on a ledger, afaik.
you mean yacht accidents.
amazing bot. i have twitter (do not know why) but being pestered for login everytime i click a reddit link was super annoying
it would be illegal for them to give access to iranians because us companies cannot do business in iran. it is not up to them. the us gov’t has the power here.
no one is blaming all russians, but reddit also seriously overestimates how much of russia is against putin. at the end of the day he is in power and able to do the things he does because he has the support of the russian people.
the actions of one person unfortunately affect a whole population.
the french revolution has emerged into this chat.
let's say my wife gets killed one day because some asshole breaks into my house to steal a tv and shoots her. we cannot find the murderer. the cops have given up. but... they know who it is, and they have found their family. the family had nothing to do with it, and have not seen the murderer in years... they dunno where he is either. but then you come along and propose a new idea. why not punish this man's family. his wife, 4 kids, parents, and grandmother. it'll make the family angry at the murderer. it would not actually hurt the murderer as much as the innocent family, but at least it is something, right? *something is better than nothing?* --- does this make any sense? morally? or practically? i mean... we've done this before, so we kinda know how it usually turns out: is this really a viable strategy?
["protect oligarchs"]( tell me what do you think an average person in russia can do with a us based crypto exchange that does not pay out to russian bank accounts? average russians do not have offshore bank accounts, they have zero use for a us based exchange with no russian banking.
[russian stocks in london wipe out 98% of value in two weeks]( yes, all those citizens with billions in shares who are not oligarchs getting hurt so badly... :'(
as someone who has lost money because of coinbase's non-existent customer support let me say that coinbase works really well until you have a problem. if you never have a problem then your experience will probably be very positive. but the moment you need their help you quickly realize that there is none to be found. this said i have not used coinbase in about 6 months because of my loss of funds through them. so maybe things have improved since then. but my experience of customer support was that it does not exist.
the problem with coinbase for me has been needing to use their services when you need them most. their servers suck ass during high volatility.
but how will we know whether it is satoshi or an oligarch?
it’s fine storing it, it’s the moving it or exchanging it for goods.
for now at least oligarchs cannot really benefit from those moves without later using some off ramp which is controlled by traditional powers. in some years maybe you could buy things of value on chain (if crypto is to succeed in a big way surely this has to happen eventually?), but that mostly does not exist yet.
every time this sub pops up in my feed it is one of two things- "crypto would make so many positive improvements on the world, why do not world governments just see that and make it bigger?" or "legislators get dunked on part 27: dumbasses in congress do not even realize they cannot control crypto!!!!!!!!!" yeah guys, there is a reason crypto would not ever become as big as you want. and they do not have to understand how a tech works to know they cannot control it. which is pretty much the biggest requirement?
no, they see it. they just have an agenda. not dumb, just evil
because it does not fit their agenda.
even if they do see the reality, i doubt their aim is to stop russians from using crypto. they're motivated by another reason
russian sanctions are about the 23rd pretense she is used to denigrate crypto. it has nothing to do with russian sanctions, but with which industry fills her campaign coffers.
bitcoin was created to end government control over money. she uses everything as an excuse to regulate crypto. it has nothing to do with the “alt right”. i don’t know what “alt right” means but crypto has always been mostly libertarians plus people wanting to make money.
>all the alt right clowns who infiltrated the sub i mean, are not the majority of crypto adopters libertarians and right wingers? i really wish it was more representative, but sadly i feel like leftists hate crypto just for that reason alone. i know about the blockchain socialist and cryptoleftists, but you talk to any other leftist (i.e. pick any sam seder show from the last 2 months) and it is obvious they do not have the slightest clue or care about crypto technology, especially when it comes to traceability and openness. they refuse to call it anything but a scam, and attempting to engage in any convo with them about it is like trying to argue basic reality with right wingers.
people seem to just have a reactionary downvote. the overall capability for critical thinking seems to get lower here on a continual basis. ' i agree - let them do it. whatever. at worst nothing happens as a result. at best, they get proved there is nothing to worry about and it is another step towards more people being comfortable with it. right now they can fearmonger to force their agenda, if an agency goes into it and says "well, nothing here." that changes
everyone who does not agree with me is alt right. idiot
i guess if no exchanges are available in russia, if ivan and anya are committed to crypto they will find a way to buy btc to some russian miner at a price much higher than the market price. no worries. with the ruble in free fall, it only means the price of tomorrow, today. for the oligarchs, as mentioned, they have plenty of alternatives to crypto, including companies in tax havens. no worries there either.
specially one with kyc practices
😂😂 >"we do not need to implement sanctions, just trust us that we would not help them launder money" ---- this is the same logic toddlers use to argue in favor of staying up past bedtime
**cexs = banks**, fk it!
coinbase, binance, and all the other kyc exchanges know who they 6. i've seen their whale alerts. they're going directly from their top 10 bitcoin.
bitcoin tumbler, look it up
all those transfers can be traced if you do then directly, you can use tumblers, do chain swaps through multiple chains or swap to monero, then a second wallet, then back to whatever you want to use.
interesting, i was thinking this conflict would create a situation where famous works would switch hands a lot.
yea sure just buy half the mccap of monero on fucking kucoin , would not get any attention for sure my dude lol these comments are something else ...
i just mean there is so many ways you can fund an account. they could literally use gift cards to fund a non-custodial wallet and then send all the funds to kucoin or binance. no exchange is going to block a million dollar plus transfer to their market.
i agree, i'm not saying it is, but people have been saying it is.
it's amazing watching the fanboys move the goal post on this perspective over the years. cryptos a fucking joke.
what part of "i know how it works" did you not get?
i know how it works.
they key word in his statement is “lots”. they’re only looking at large transactions creating an easy work around for anyone who isn’t a complete moron.
carport... clearly the meaning is clear...
i just remember a big push regarding crypto a couple years back when it was mainly used on the dark web for currency, given that mightve been bitcoin specifically my memory is not brilliant
how exactly would they use crypto, dear sir?
art is subjective, but i really cannot put my finger on why these nft arts cost millions, so i *had* to think it is either wash trading or money laundering.
yeah apparently from the replies i'm getting you're right.
no, it is not. he literally means *art*, paintings etc. it's one of the most common ways to launder or transfer money (in situations like this.) don't speak if you do not know shit about the subject, which you clearly do not. i'm no expect either, but i know enough to know that you have absolutely no idea what you're talking about. that you have upvotes just shows how clueless most people here are.
long as it can be tracked, no worries.
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make sure they know how to play blackjack.
i'll do coke out of hookers assess in a hotel before heading out in my limo.
no no, you gotta get a boat, in case you need a "convenient" accident
wow...what a solution for avoiding financial sanctions...
and i do not have one and it helps a lot
and since coinbase is a centralised entity much like any other corporation, they have no choice but to comply
he can petition the us government to allow him to like he is doing here with russia.
isn't it the case for the russians too atm? how come they never talked about us iranians?
its not just reddit, its western countries in general. that being said russians often overestimate how much of russia is pro-putin. data poins that a good chunk of the population is simply apathetic.
don't forget it takes consent from the russian army to carry out these violent acts. it is not putin driving every single tank and firing every single bullet. without consent of others, putin has no real power.
sadly not everyone is saying fuck putin. they should though, because fuck putin.
just like there trump loving idiot american there’s also putin loving idiot russians...
putin is not a thisconnected murderer, he is a *deeply connected parasite*. his wealth and power is directly connected to the well-being of the economy of russia. unfortunately, so are russians. there's no separating the two.
are you going to explain your circumstance, or just make claims?
same story for me. i was a user for probably 4 years, up until 2020 when they blocked me from adding new funds to my account for seemingly no reason, and the error message told me to open a support ticket. i opened a ticket, waited a month and never got any responses, replied to it again, waited another month and nothing. i think i opened 3 separate tickets all referencing one another over the course of 6 months and then i just gave up. luckily they let me transfer my holdings to external wallets. they finally responded to my initial ticket about 3 months after i removed everything and it was just a link to a kb article telling me how to add a financial institution to my account, which is what they had blocked me from doing lol. i vowed to never use them again.
don't act like that is specific to coinbase...
if the ledger is open, you can track transaction history. satoshi's public keys are easy to thiscern, because they were transacting very early. an oligarch would probably have his public keys connected to crypto exchanges. if the crypto exchange is forced to give up the info on an oligarch, you can see the keys that they withdrew their crypto to and then track it. unless they used some sort of mixer service, it would be pretty easy to find where their crypto is.
satoshi is a spirit. he lives within us all.
satoshi already has lots of coins. russian oligarchs - unlikely. they need to move their fiat money first to enter cryptocurrency world. not only it can be tracked via banking system, but also blocked.
so let her do this and embarass herself. actually, encourage her - review the transactions, embarrass herself, and the public gets more comfortable with the idea of what is going on with all this. unless you're concerned what that may find?
saying it could be used for something is not denigration. pointing out a way to utizilize tools to make sure that bad use case is also not denigration. wanting to install regulation that prevents bankers and wall street from engaging in their usual financial crime tactics with block chains is also a positive. stop reading alt-right talking points, and read what the woman actually says.
alt-right now means anyone that is not as liberal as you
bitcoin was. less government, and more any. sadly, it has devolved into a race to find the cheapest energy source for mining and to have the largest stack for market manipulation purposes. other cryptocurrencies seem to be focused more on removing the dirtbag middlepersons, and creating a digital money system that allows for easy, worry-free, cheap, impartially machine verified exchanges of currency for goods. warren, again, if you read what her statements actually say, and not the spin some 'libertarian' (quotations because the libertarians all seem to vote for authoritarian 'strongmen' nowadays) puts on what she says, does not want to regulate you. though, she does want the government to use the tools already in existence to monitor for illegal transactions through the blockchains. she points out how the system can be manipulated by the dirtbags, and wants regulation in place to prevent them from corrupting the system. if you want big banks and wall street to have control of crypto, you should absolutely hate warren. if you want crypto to not be heavily manipulated by their hands, maybe you should read her proposals and consider what they actually do.
i do not think it really is a majority any more. perhaps at the start. ideation of bitcoin certainly has that libertarian flair, but that is true libertarianism, and most of the people (in the us specifically) paying lip service to libertarianism, do not actually vote for freedom. they are all authoritarians now. rules for thee, not for me. i feel with all the new projects available and the evolving state of the cryptosphere, there is no longer a complete focus on decentralization. you also pointed out traceability and openness, which are in opposition to the complete privacy libertarianism claims to want. transparency, and removal of the in-betweens who have forced us to set our financial futures in their hands are my wishes from blockchain technology. cheap, fast, safe, reliable, no entity manipulating the entire market. no blockchain is there, and the last one seems unlikely without some sort of regulation. others obviously thisagree with me on the oversight thing, but it seems pretty obvious from how whales move onto and off exchanges one at a time, withdrawing ever increasing percentages to their accounts that the system has become centralized and is more manipulated than some financial markets. and if no one is watching with the tools already available, then giving the go ahead for financial institutions to join them, is just going to lead to worse outcomes. my want list includes regulation not on the cryptocurrencies and individuals, but on the institutions. and oversight of criminal activity (specifically sex crimes, tax evasion, and money laundering). we have the tools to do this, but not the will power yet. also, there is one more aspect everyone seems to forget, taking away the ability of governments to loan. im not alone in this thinking. the chinese government (while they still engage in btc manipulation as an entity) has banned crypto in anything but dyuan for their people. they retain both total control (a bad thing for their people), but also the ability to keep their infrastructure and services going (a good thing for their people). the us government sounds like they are taking steps towards countering this move by developing a digital dollar that they want to become the worlds digital reserve currency. without the dollar as the world reserve currency, us citizens such as myself are going to be well and truly fucked by inflationary costs, even more-so than we already are as a result of having to fix trump's idiocy (tax cuts for rich and corporations, overspending on military, intentionally destroying the dollar value to his personal trade benefit, exacerbation of the pandemic through antivax).
i do not even think it is up for a debate at this point. we cannot stop them from doing it while utilizing an open ledger. that recent case of the money laundering scam couple is evidence that it is being done. i think she is just pointing out that it should be done for the sanctioning as well.
everyone who repeats the 'right' talking points about warren, while not reading for comprehension what she actually said is a clown? yup. you put a period in there where it does not belong. ;-)
> i guess if no exchanges are available in russia who said there are not exchanges in russia? we're talking about us exchanges. these exchanges are not available in russia already: >for the oligarchs, as mentioned, they have plenty of alternatives to crypto, including companies in tax havens. no worries there either. oligarchs companies are being sanctioned. you still have not explained how your average ivan opens a bank account in the us and then does anything useful with it.
it doesnt matter lmao. you have no idea how big the stolen identity business on thiscord is, its a multi million dollar industry on just thiscord alone due to cheat resellers and account crackers cleaning their money. kyc means nothing if you have another persons identity and easily obtainable phone numbers from that country.
>i have no idea what i'm talking about, here's a strawman of what i think is going on we do not *need* to trust them... we can literally see all the funds on an open ledger linked directly to their identities along with if. this is what the "crypto is money laundering hurr durr" crowd does not understand. if you ran a government currency on a block chain, then corruption wouldn't even be possible. corrupt politicians be freaking out and using useful idiots to spread misinfo about crypto.
you still have to convert back on the exchange. you think people tracking this stuff are stupid?
they do, never to be seen, never to be displayed, just trade the ownership paperwork. i first heard about this through an npr report a few years ago.
dude wrong thread chain, and yes i understand you want the crytobros to have nuance when they shout out the crypto gospels. that really is not going to happen but yea...
so why'd you ask
sell oil for crypto. use said crypto buy from grey market importers, and from countries that do not take part in sanctions. ruble is going to be next to impossible to exchange in large amounts, so they cannot use their own currency. dollars, swiss francs, euro, etc are very problematic to use without swift. and cash is just inviting levels of theft and corruption that is even way beyond what russia is willing to tolerate. tldr; to do international trade, one needs to be able to wire money over one way or another. no regulation can prevent crypto from being tranfered as payment to and from russia. but what can be done that said crypto is going to be pretty much impossible to exchange to anything else than other crypto. and if authorities go after bitcoin and others, monero and other functional privacy coins are going to be outright banned from any exchange that operates outside rogue states.
most are. i think what avenged sevenfold did with their nft is pretty cool though. i think it is the way it is nft's should be done
not really since they have to go through the coin itself so it’s again easily traced.
yeah i can go fight that guy for you - *for **money***
also scamming people, very useful for that.
not for thelaunderingofmoney hmm...
you do not think paying for google drive links to get a png of a monkey is worth it? hmmm...
just hype and hopium
nfts aren’t “art,” any more than dollar bills are “art.” sure, there’s art on the dollar, but that isn’t the point. same with an nft. imagine if instead of a boring old stock certificate, elon musk gave you a stock certificate in the form of a pic of the tattoo on his left ass cheek. that’s what nfts are.
but do you understand why 1 bitcoin is ~40k?
i’m no expect either, but i expert better spelling from anyone i’d even consider sourcing information from.
yeah nft’s are essentially crypto except they are tied to an asset.
do you know what happens when you try to invest a billion dollars into a crypto with only ? or if you try to sell a billion dollars worth of it?
wow...almost like the comment i responded to was not about that...
i don’t believe the russian sanctions are the same as the iranian sanctions the way they are today, but if you have a source that says otherwise i’d love to check it out. they’re not illegally operating in russia afaik, if that’s what you mean.
> it is not putin driving every single tank and firing every single bullet. without consent of others, putin has no real power. is it really consent if you're threatened by death or 20 years in the gulag? "but it was not rape your honour, she said she consented! yes yes, i may have been holding a gun to her head, but she still consented! that totally counts!"
okay. let's say the murderer really loves his family, and his well-being is connected to their well-being. let's say he is going to suffer a lot by us punishing, imprisoning, torturing, starving, etc his family. maybe that makes it better. but does that make it okay?
didn't think it was necessary. but since you ask. i sent a couple hundred dollars in crypto (xrp if i remember correctly) from coinbase to kraken. from there i have no clue what happened. the transaction seems to have never even made it to the blockchain even. so i tried to get help but in order to do so i needed to provide the transaction id in order to fill out the help ticket. the problem is coinbase never gave me a transaction number for it and still have not. i tried to fill out a generic help ticket trying to explain my situation but the only response i have ever got back was a generic automated email telling me to fill out a ticket for transaction issues. the same fucking form that requires a transaction id in order to complete. i tried daily for about 3 months trying to find a way of getting help and eventually resigned myself to the fact i am not getting that money back. i have not used them since and refuse to until they get some actual fucking support. kraken was very helpful and has live support i was able to talk to. but since it never even made it to the blockchain there is nothing they can even suggest other than contacting coinbase support. ps. to the douche canoe who replied to my initial comment saying it is probably user error. you're right, it very well could have been user error on my part. the fact is however there is literally no means for me to contact support and find out if it is my fault or not. so this is not an issue of whether or not the problem was cause by user error. it is an issue of they have **no** customer support! sheesh. sorry for the language but thinking about it still pisses me off lol.
probably sent coins to the wrong address or something that is totally his fault. i’ve used sketch exchanges before with no issues. exchanges that would scare a normal person like trade ogre or gate io
in my experience, they are worse than kraken, binance, and kucoin
yup - essentially the first 50-100 blocks were mostly all his. each one were different wallets. someone even did an analysis and saw evidence of the same pc based on the the same hashing rate or something like that. so yeah people have a pretty good idea which wallets are his.
we are all satoshi on this blessed day
avatar satoshi from avatar: the last moneybender
of course the person with karma in r“alt-right”
i am a lifelong democrat (or have been until this point) and it is easy to see that elizabeth warren is a bought and paid for corporate shill. she is nothing more than a raging hypocrite who preaches about the environment then rides around on private jets. she is the worst example of a washington parasite.
> bitcoin was. less government, and more any. sadly, it has devolved into a race to find the cheapest energy source this is good. > mining and to have the largest stack for market manipulation purposes. this is basically a conspiracy theory. it’s a good investment of course everyone wants the most of it. not to mention they are pumping my bag too. > warren, again, if you read what her statements actually say, and not the spin some 'libertarian' (quotations because the libertarians all seem to vote for authoritarian 'strongmen' nowadays) puts on what she says, does not want to regulate you. though, she does want the government to use the tools already in existence to monitor for illegal transactions through the blockchains. she wants control and she wants to regulate everyone. because this is the natural tendency of governments: to creep into every part of your life. the income tax was also only for the wealthy but now it’s for basically everyone. those are the parts of your comment that can be reasonably replied to. the rest is a borderline conspiracy theory and fud: “they” will control crypto and “they” hate you. warren knows how to prevent this if we only gave her all the power in the world.
it's good to see it grow, and evolve past that libertarian flair. i just think that leftists in general are wasting a lot of time and ceding a lot of ground (and investment) to right wingers just because "melania came out with an nft and therefore all crypto is a scam". they'll eventually come around because they would not have a choice. they'll be using cryptos and nfts every day even if they do not know it. but, once again, the left will have little practical stake in it at that point.
oh man... you're right... let us just all roll over and be slaves to the fiat systems that are there to keep us in our places.
wouldn’t the ability to artificially inflate the value of the asset facilitate money laundering though? the idea is you have , you buy some nft’s for a pittance and then “sell”them for 1million to a company based in switzerland thus explaining how you legally obtained a million dollars, pay the irs their cut and move on (they never move on, that’s the rub). please point out the weak points in my explanation so i can learn (serious). i imagine a problem is one could investigate where that swiss company allegedly got . or you could argue that the moneys essentially washed once the swiss bankers accept the deposit and shred the papers. but i still think it looks shady if you have little to no explanation for your means of earning the access to those funds. but i think when the “investigators” don’t really care to investigate, even a flimsy excuse allows them to turn a blind eye and say it checked out or would be too hard to prove in court.
that's obviously just a typo(how can you be so dumb as to not understand that? it's literally 1 letter off,) but if you want to go there... i speak 3 languages fluently and english is not my first language. how about you? i'm ready for more ad hominem arguments, since apparently the only thing you could come up with was to attack a simple autocorrect error, lol.
except it is, the entire post is about russian sanctions...what are you talking about lol
the real satoshi was the gains we made along the way
>she wants control and she wants to regulate everyone. because this is the natural tendency of governments: to creep into every part of your life. the income tax was also only for the wealthy but now it’s for basically everyone. > >those are the parts of your comment that can be reasonably replied to. the rest is a borderline conspiracy theory and fud: lol. the government wants you to pay your fucking taxes. if you want it to go back to the filthy rich paying the majority of said taxes, maybe you should look at the bill she wrote with bernie sanders recently. they also are tasked with protecting you from those taking advantage of you, in exchange for those taxes. but i am guessing you prefer to vote for her political opponents who: wont let you smoke marijuana, would not let you be in charge of your healthcare, would not let you use a public toilet, would not stop corporations from exploiting the marginalized, would not let you unionize, would not pay for the upkeep of the infrastructure we rely on, would not let you choose who you are attracted to, would not let you choose what gender you prefer to be, would not let you be of a non-christian religion, would not let you opt out of paying for privatized armies to go fuck up other countries. i mean, you can call regulating banks and wall street evil all you want. but ill take that and \*some\* gun control over all that other shit.
melania being easily tracked to having been engaging in a scam seems like it would be in favor of crypto, though not nfts. i think nfts are mostly scams. maybe a bit curious about snoop's recent project, if one can actually collect royalties from ownership, but the development has yet to get to a point where i would invest in any nft right now. sorry, owning a programmed slot on a server in which one can store a picture should be cheap as hell, not cost me months of pay. if nft exclusivity (non-duplicatable nft) is able to be programmed, then i will pay attention.
i did not say that. buy bitcoin and do not worry about anonymity if they cannot seize it.
barter system is back on the menu!
best i could find was [here]( >there will be 10,000 deathbats, each with a unique combination of traits and rarities determined at mint. in addition to the genesis deathbats, which are the most common tokens that offer owners access to the deathbats club, there are four rare deathbats with big perks: >guests: free tickets and meet-and-greets for life >ghosts: free tickets for life > undead: meet and greets for life > shook: exclusive “care-packages” sent to token holders it sounds like they are minting 10,000 nfts and are going to give them an intrinsic value as well as letting people sell them, so their value is also tied to speculation value. it's actually one of the best ticketholder ones. seems like shadows is actually very knowledgeable about the subject, which is pretty cool.
yes. you waste most of your money because there is no liquidity.
not the one i directly commented on.
what gains? not memeing
> the government wants you to pay your fucking taxes. if you want it to go back to the filthy rich paying the majority of said taxes, maybe you should look at the bill she wrote with bernie sanders recently. no, tanks. taxation is theft. > they also are tasked with protecting you from those taking advantage of you, in exchange for those taxes. no, thanks. > but i am guessing you prefer to vote for her political opponents who: wont let you smoke marijuana, would not let you be in charge of your healthcare, would not let you use a public toilet, would not stop corporations from exploiting the marginalized, would not let you unionize, would not pay for the upkeep of the infrastructure we rely on, would not let you choose who you are attracted to, would not let you choose what gender you prefer to be, would not let you be of a non-christian religion, would not let you opt out of paying for privatized armies to go fuck up other countries. i would prefer to have a minimal government (or maybe no government at all) and obtain all those things through voluntary exchanges. > i mean, you can call regulating banks and wall street evil all you want. but ill take that and *some* gun control over all that other shit. no, thanks. also please read your comment and realize that you've fallen for fud: it's either politician x or hell on earth. probably not good for your mental health. consider reducing the time you spend on social media, specially twitter.
i can agree with the picture nfts being overpriced and unnecessary... at the moment. but, nfts will move beyond that, like ownership of game characters, skins, weapons, plots of land. there is huge application there. if we can figure out the authenticity problem, nfts could remove the middle man from art in general: artists could license and sell directly to their users without needing to go through intermediaries like apple, google, netflix... or even visa for payments.
hey, actual use. glad someone finally started something like this!
why would they buy all at once?
yes it is dude lol its me replying to someone making the typical monero mention and me laying out all the issues with monero, that it is not really that private and that you still need a bank on both ends, and thusly is not a solution to any sanctions mining it is even less a solution
ah, the taxation is theft crowd is the most selfish crap. "i took everything from those who paid into the system before, pretending that i built everything myself, despite relying on the best education (not anymore thanks to your kind)...the best infrastructure (not anymore thanks to your kind)...the best job markets (not anymore thanks to your kind)...the best commodity markets...the best research and manufacturing...the most safety (not anymore thanks to your kind)." ' as to your aspersions...not only are you the one falling for the fud (oh god, she wants to look at the open ledger, this is the end of days), but i do not really use twitter (occasionally i will check out what some artists). it is mostly full of whack-a-doodles screeching at each other from the polar extremes to make profit from advertising for a corporation. i do however spend too much time pointing out the flaws of 'libertarian' arguments on reddit. perhaps that is what you meant about social media. if you want to cheat the tax system, go join the other criminals with monero so the rest of us can get back to utilizing crypto for purposes more useful to society.
they probably should not, but each purchase still moves the price. there are not any market makers in crypto who will "correct" the price
gotcha, well i was just trying to explain that it is private without the banks on either end, and that mining it is one way of generating it in a private way to avoid those banks. wasn't trying to find a solution to the sanctions at all.
> ah, the taxation is theft crowd is the most selfish crap. this is correct and better for everyone long term. > "i took everything from those who paid into the system before, pretending that i built everything myself, despite relying on the best education (not anymore thanks to your kind)...the best infrastructure (not anymore thanks to your kind)...the best job markets (not anymore thanks to your kind)...the best commodity markets...the best research and manufacturing...the most safety (not anymore thanks to your kind)." ​this is all incorrect. > as to your aspersions...not only are you the one falling for the fud (oh god, she wants to look at the open ledger, this is the end of days), but i do not really use twitter (occasionally i will check out what some artists). it is mostly full of whack-a-doodles screeching at each other from the polar extremes to make profit from advertising for a corporation. i have not used fear, uncertainty or doubt in any of my comments. > i do however spend too much time pointing out the flaws of 'libertarian' arguments on reddit. perhaps that is what you meant about social media. maybe stop that then. > if you want to cheat the tax system, go join the other criminals with monero so the rest of us can get back to utilizing crypto for purposes more useful to society. see my flair.
okay, and why is that a bad thing?
>gotcha, well i was just trying to explain that it is private without the banks on either end, and that mining it is one way of generating it in a private way to avoid those banks. yeah? what can you buy with xmr? where can you spend it? can you pay your bills with it? i bet the list of things you can answer "yes" to on those questions is *extremely* short crypto is almost a completely closed system that requires a bank on either end to get money in and get money out...doesn't really matter if you mine it 100% in private...wtf are you gonna do with it exactly? not much tbh
>maybe stop that then. no. it is my right to call you on your bullshit. and i feel you need to hear it, even if you try to thismiss it. i'll take the consequence that comes my way for exercising that right (likely some light brigading by people who cannot think logically and still believe they are completely self-made after suckling on the teat of what a tax-paying progressive society has built since their birth). enjoy your pedocoin, i prefer the open ledger.
his state is gearing up to be a huge bitcoin mining area now that so many have been driven out of china.
op, you're like 5 hours behind the news cycle. shelby already blocked this amendment too.
ted cruz admitting that senators does not know shit about fuck regarding crypto? that's the most logical thing he is ever said.
finally something that makes sense crypto should not even be in the infrastructure bill to begin with!
its over, richard shelby single handedly fucked crypto. senator richard shelby of alabama got the first crypto amendment shot down by adding ... then when ted cruz added his amendment (which is what this post is talking aboit) to strike the clause from the bill shelby petitioned to add his . cruz declined but since cruzes amendment needed unanimous approval guess to voted nay to crush that amendment? senator dick shelby himself. no amendment was passed and senate is voting on it tomorrow. the good news in all this is the house does not like the bill as written so it will likely get modified again then sent back to senate for another round.
cuz that mfer is holding a fat bag now
why the fuck is crypto on an infrastructure bill?
will someone please explain to me what this infrastructure bill would do to crypto. i don’t see how they can ban crypto or regulate it. i thought the whole point of crypto was to be decentralized
gotta give credit where it is due. he must got a lot of crypto, or at least his buddies
i am pretty far left, so i am obviously not a fan of cruz but common ground is more deflationary than bitcoin in america. i will remember the politicians on both sides that helped and hurt us going forward.
wait…. who told senators about crypto? those fucks are in their 70s. they can barely operate a tv remote.
i’m a republican and we’re not all bad like not all democrats are bad. you only hear the horrible of both sides. sadly humans are emotional creature and not too smart so we like to fight a lot hah
i’d be surprised if there were 5 people here who could explain what crypto is…...bunch of moon farmers
written over 200 years ago by one of the original gangsters. ' “i sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity under the name of funding is but swindling futurity on a large scale.” –thomas jefferson to john taylor, 1816. me 15:23 “everything predicted by the enemies of banks, in the beginning, is now coming to pass. we are to be ruined now by the deluge of bank paper. it is cruel that such revolutions in private fortunes should be at the mercy of avaricious adventurers, who, instead of employing their capital, if any they have, in manufactures, commerce, and other useful pursuits, make it an instrument to burden all the interchanges of property with their swindling profits, profits which are the price of no useful industry of theirs.” –thomas jefferson to thomas cooper, 1814. me 14:61
"he’s now introduced this amendment and said he brought it up because he says there’s not 5 senators who can even explain what crypto is…" he's not wrong...
support this instead. i dont care about any proof of shit arguement. governent should not regulate crypto in an 'infrastructure' bill.
rafael* cruz please use his real name - thanks!
i doubt ted cruz can describe what crypto is either. this is obviously a big chance for him to win big, not to mention i’m sure he has stakes
i’m a liberal. i mean both ways on issues but this was shocking for me. particularly the 5 out of the whole body quote. good job ted was not expected this morning
it feels good to have at least on senator on our side for one thing
never thought i'd agree with the zodiac killer
i do not often find myself aligned with the views of senator cruz, however, i find it awfully difficult to refute his claims here. personally, i feel that sneaking in regulations on crypto in the infrastructure bill to be nothing more than a piss poor over-reaching power grab. a hasty attempt at thiscouraging defi, whilst trying to use the ill gotten tax gains to pay for rubbish that we did not ask for, is simply thisgusting.
ted cruz you son of a bitch. keep up the good work.
i cannot believe i agree with something ted cruz is doing.
ted cruz is... on my side? crypto has really flipped the world upside down
it's not about taking sides, it is about having our representatives represent our interests. it's refreshing to see some actually taking a stand.
i thisagree with him on some things, but every so often i totally agree with what he says. this is one of those times
never been his fan but damn it i’m cheering him on like a cheer leader right now. he probably looking out for his own interest but his interest happen to align with mine this time so go get them teddy!
can't believe i'm on ted cruz's side😂
politicians want only one thing and it’s literally thisgusting (their name on a bill).
wow the unlikeabilist of candidates with the slam dunk!
5 old people who does not know shit about crypto.
one thing you guys don’t understand. republicans want more freedoms for americans. the left only wants to control and make you completely reliant on them. i’m not surprised by this in the least. good on you, cruz.
he's definitely right there is no way people can explain it
i never thought i'd be on ted's side but in this situation he is right
thank you, ted! make taxation theft again! 🇺🇸❤💯
and breathalizers to start your car, taxed by the mile. if you do not drink, why do you have to do this? i'm so tired of nanny state bullshit.
what a world; the zodiac killer partnering with crypto cowboys
this cannot be real. a cruz amendment and one for crypto no less... the world that we live in.
the enemy of my enemy is my ted!
hasn't cloture been voted on already? as in, no amendments can be added anymore? in which case, this would just be grandstanding for publicity i'll be glad to be proven wrong
he prolly found some bitcoin in the crack of his couch the other day and was like ohhhh shit
i mean this pretty much has nothing to do with the infrastructure bill, so it really should not be attached anyway. save it for another time.
i can’t believe i’m saying this, but good job cruz.
don’t ask me why but cruz has always struck me as a grifter: this emendament has 0 chances to pass, it looks like easy publicity. i’m not american, but it looks to me that he’s always on the frontline when it’s time to talk but there is very little action on his part. case on point: las year’s meetings with zuckberg and dorsey
i like this ted cruz guy
everyone surprised republicans are coming out as the party opposed to regulation and bigger government
the hero we need, but not the one we deserve.
itt: people slowly thiscovering that they have conservative beliefs.
where are all the democrat senators?
never thought i’d agree with ted cruz on anything, 2021 is crazy
it seems odd to me that anyone is on the side of more government regulation, more taxes, more spending.
80% of the comments and 90% of the sentiment here is basically: oof cringe ive been told to hate republicans by cnn and the msm news outlets and trending reddit bots so i can’t like ted cruz the zodiac killer (whatever tf that means) or anything he says even if i genuinely like it oof cringe take the red pill. you’ve been thoroughly propagandized. wake up.
you'd have to be a moron to fight against cryptocurrency at this point in the game
well fuck never thought i'd be in this position, but i'm with ted cruz in this one.
politicians are always playing!
no doubt he has a shit ton invested in crypto
everyone has a good and bad side, but this dude is confusing the shit out me lol
ted smackdown go ted go ted
well looks like ted cruz might be the new hero!
time for me to move to texas
how much money did ted invest in crypto?
if the gop is smart they will latch onto bitcoin hard as it plays to a lot of their core values they preach (but often do not remotely practice). they would rip millions away from the democrats. i feel crypto could become a single issue vote like the nra (i hate the nra).
good news, i guess
i heard a rumor a head of a major crypto is organizing a rally in washington dc . i hope its happens will take off work for that
crypto industry will move to asia.
lol hurray for ted cruz??? dag it’s strange to say that
the fact an 87 year old guy who probably can’t say cryptocurrency can single-handily block this amendment is insane.
great news! but i’m sure it will get struck down too
a broken clock is right twice a day
only because he has an investment in it someway and stands to make money. other wise he wouldn't give a shit.
hate to say it, but i'm ridin' with green eggs and ham on this.
we need more nuclear power 🤷‍♂️
bitcoin rules, texas follows.
he’s got my vote
anyone else getting really bored of these us politicians and their infringement on crypto? they are very annoying.
just require them to build enough solar or wind to power whatever project they use. cruz has been one of the few talking common sense for a while now on many subjects.
ask senators what the bill means and how it is gonna affect the crypto sphere and most likely only a few answers will come up!
i love how things like this are snuck into an infrastructure bill…
bitcoin will be texas' new power grid
that’s because right now the narrative is to be a leftist because of the humanitarian crisis called covid. therefore anyone republican is an evil money hungry blah blah, i mean ted cruz is a piece of shit but we vote for these guys because they understand business just like trump. you don’t vote for a president because they are nice people, you vote because they good at what they do.
there is so much unnecessary shit in this bill that i wish they would have blocked it from passing. besides, america is broke.
i really do not like ted cruz but he makes a great point. i wish he would use that logic more often. start with the constitution and the second amendment. bet there are not too many that actually know what is in there.
weird, i agree with ted cruz. what a strange world.
ada to the moon. go cruz. ada at 1.7 eow 🚀🚀🚀🚀🚀
don't believe.ive ever said this before.but ted cruz is actually right very few of these senators have an understanding of what crypto is and therefore should not be voting on it. we.need to stop electing elderly people that do not understand technology
damnit cruz. i've come to learn to hate you but now find myself rooting for you. at the end of the day, we should vote for ideas and not people and i'm starting to realize that now.
good for crypto 🥳
for all of you in crypto who thought you'd escaped politics, welcome to washington. shame mark twain is not alive to comment on this latest attempt at extortion -- by all sides.
ted cruz 2024 make bitcoin great again
cruz is a career contrarian opportunist. a useful idiot in this particular case.
maybe cruz is just a bag holder of 60k btc
not surprising at all ted cruz backs crypto if you know ted cruz. republicans tend to be against government over reach, esp the ted cruz type.
i hope everyone realizes that he is supporting crypto to support himself. he wants nice juicy votes and he knows the hot button to hammer on. and while i don’t know the specifics on his crypto investment, i would imagine he has a bunch he wants to protect more than he wants to protect investors in crypto. it’s just convenient that the two things align. the guy is a tool and unfortunately he has aligned with the good side this time.
ted dead redemption 3
heck yea, i’ll vote for it. dude’s the most crypto-aware politician i’ve heard from so far
once more ted cruz saving the day, ma man
texas has become a bitcoin mining haven. he is looking out for his donors...i mean constituents.
i love ted cruz, surprisingly. never thought i'd say that.
cruz is misunderstood. actually very logical.
i really like the ted cruz redemption arc
can you believe that the right wing - a political aisle that traditionally calls for the minimization of the state's involvement in the affairs of private citizens, would support a monetary movement that liberates currency from centralized control by the government? or that the left wing - a political aisle that traditionally calls for nothing *but* state involvement at almost every single level of your life, would be largely opposed to it? shocking, i know. anticipate more left wing resistance as time goes on and they realize this means that they cannot print money endlessly to sustain their own ridiculous levels of spending. mmt is dead in the water when currency has a free market.
i understand why some might thisagree with his political views(especially those on the left), but i feel he deserves more credit. this is not the first time he is fought for what he believes is best for the country even if not politically popular. him moving for conventional term limits is another good example. at least he is doing what he believes is best for the country and not what's best for himself. that's more than i can say for others. good on him. we need more leaders willing to put the good of the people first reguardless of their party.
why is everyone so confused? what's really funny about all of this is all you leftists are being called out as hypocrites. the left has always been about regulation and taxes. all of you on politics and any other subs demand more regulation and taxes for businesses and the rich. but now that it is affecting you personally all of a sudden you want less government. it's sad and hilarious. i'd also wager that if any of us got filthy rich from crypto we would hire the best accountants and figure out how to absolutely pay the lowest amount of taxes legally. exactly what you all complain about.
it’s fun how people can’t put differences aside, and almost every comment it’s “i can’t believe i can agree with this guy”.
i’m in texas and if he can accomplish this, he will earn my vote
cruz coin you heard it here first
everyone who doesn’t like ted cruz. why exactly do you thislike him? genuinely interested in hearing the specific reasons that you thislike him.
well whatever helps. even if that means keeping him on our side.
i mean he’s right. but ignorance never stopped congress before
lmfao at warren saying "crypto may need to be bailed out in the future"
regardless of the inevitable that is going to happen, my ballot at least in 2022 will be a lot more red.
i hate ted cruz, but i hope this gets passed. this doesn’t belong in an infrastructure bill period
i dont see why everyone is so surprised that theyre on the ""evil republicans"" side. crypto is inherently about capitalist innovation, driven by laissez-faire market self-regulation. it empowers the workers by stimulating an economic system rather than govvie handouts - exactly what the republicans claim to stand for
of course the zodiac killer supports crypto. cryptography was his whole mo, this is 5d chess half a century in the making!
hell yeah ted cruz! 🙌
ted fucking cruz. well i’ll be damned
never thought i'd say this but...i support ted cruz 100%.
zodiac coin to the moon.
there is so much crypto interest in america atm. this bill would only hamper that activity unfortunately. ted cruz is right to offer this amendment
whatever are his motivations he is doing the right thing.
hopefully this can be enlightening to many here. no saying people *should* support republicans or anything, but maybe it will help them realize they shouldnt form their opinions wholly on contrived media narratives.
i’m sorry if this is news to you, but ted cruz is a champion for the people, and if you didn’t realize this, you need to pay less attention to the media.
why the hell is crypto regulation included in an infrastructure bill anyway
i don’t vote because one side is full of dbags and the other side is full of socialists. that being said, i won’t make a face next time cruz runs for president. he’s earned that.
it’s funny that the cruz amendment is the *absence of something* 😅
save us ted cruz, you’re our only hope.
unpopular politicians need easy wins lol
hate him if you want, but his libertarian views may very well help save us from this god-awful bill
see you in two years when you all become republicans.
tfw you realize your side is not the one who supports your beliefs 🤣🤣 cruz to the 🌛
there are only two parties and one has gone full on authoritarian on behalf of the uber wealthy (literally making it illegal for small businesses to stay open). bizarre that ted cruz is a good guy now.
cruz is the only one fighting for crypto yet left leaning reddit will criticize him they will be willing to burn crypto to ground just to agree with democrats 🤣🤣
ted cruz calling the senate out
he’s doing something good
love it. libs prob hating it. cuz their own political party hates crypto.
i love ted cruz
idk why but i’m nightly suspicious of mr. cruz and his intentions in all this.
crypto has taken a dark turn if cruz is the most logical crypto advocate in the us government
awesome that the super-liberal reddit community only has a conservative senator coming to its rescue trying to help crypto while “pocahontas” , yellen and the others are trying to screw crypto investors over.
i'll be on anyones side fighting for decentralization. love this guy!
hmmm...maybe cnn was wrong about republicans.
# this is what happens when illiterate shitfcks run the government.
in general the republicans are on crypto side on this. they see it as stifling innovation. i do not think they really understand crypto, but they do know the internet boom. and they do not want americans to miss out on another boom.
wow, ted cruz is actually on the side of good? maybe hell has froze over.
i find it hilarious that so many on here assume he has a bag of crypto, rather than that he’s just doing the right thing for the american ppl. get over your tribalism people.
"i never thought i'd fight side by side with the zodiac killer" "what about with a politician actually trying to speak for the people he represents for once?" "aye, i could do that"
maybe all you liberal weenies will grow up and see who the real evil is in politics now
lol, maybe some people people will understand who’s fighting for whom after this.
at least there are some good guys in government.
decentralized anti-state money (bitcoin) is a very appealing tech for conservatives. i don’t see why people here are so shocked that texas and ted cruz are getting behind it. maybe because it’s doesn’t align with “fuck the rich they only want to keep us down, so i’m gonna invest in this btc so i can be rich too…” (nonsense) extreme-left trend that crypto fell into a couple years ago the communist thinkers who want their high state taxes so they can sit at home and collect a universal paycheck will be the ones left out in the cold if. the government was never on our side, even if you think they are because they put rules in place so people are “nice” and call each other nice words and maybe because they look or sound like you and those in your community so you vote for them. but they are not there for you, they are paid actors out there to make you feel like your vote matters. the only real support when shit hits the fan is your self, your family and your community. big government is not the little guys friend, even if that unemployment check feels like a gift it is actually keeping you comfortable, quiet and dare i say cast into a societal tier. not everyone got checks…who didn’t? the ones in power. long live crypto and the decentralization of the world’s systems
seems like you are beginning to under that the “dems are good and republicans are bad” is what most mainstream media want people to believe when in reality there are good people and assholes on both sides.
first they ignore you then they laugh at you and in the end you win. we are somewhere in the middle of ignoring us and laughing at us nearing wining.
ya gotta love the reddit spin on here.
was not expecting a ted cruz redemption arc this year
i fucking hate ted cruz - but if he’s the only one that can call this out, … fuck. i can’t believe that instigator traitor is on the correct side. i write to my senator and congressmen. i’m sure my passionate pleas will be deafened by the sound of them counting their money from the big banks. fuck. ted cruz? really? that piece of human garbage is on the correct side? fuck.
ted cruz, i like that
bold of you people to trust anything ted cruz says or does will be anything but detrimental to you and profitable to him remind me again what his track record for being a lying, cheating, ratfucking grifter who'll throw literally anyone or anything under the bus if he thinks it will give him power is again?
i’m liking ted a little bit more now.
lol not even 5 senetors that know what crypto is!! that includes the dinosaur you guys elected as your presidential representation for 4 years. what a joke why would you elect a man who's prime woul have been 70s-90s? the world changes monthly now next time do your country a favor and elect someone from this time period!! lmao what a joke and your all gonna be crying asking yourselves "what happened" when china takes over your position as world super power
i'm reminded of the south park where conservatives ned and jimbo convince the kkk to pretend to be on the liberal side because no one will support the side that they are on. this is how i feel about ted cruz joining the crpyto side.
i have to say, since the texas freeze in february, i really thisliked ted cruz due to his actions. his stance on crypto gives me a tingly confused feeling and i'm loving it.
everyone should take note. the democrats want to take everything from you that has a monetary value. the republicans do not
he is from texas and there is a lot of money made from and with crypto there. he knows way more then other senators that crypto is the future and he wants to make sure that his home state benefits from it. in that case good on him.
literally half the comments are about ted's beard lol, i've almost never agreed with him but if he is staking a claim on crypto then i'll join him in this fight. it's not about party it is about the commonality of the issue.
doesn't even matter, democrats control all three branches of gov, prepare for more regulations, higher taxes, higher gas prices, higher consumer goods, higher medical costs and more conflicts over seas.
...even a broken clock is right once a day i guess.
“infrastructure bill” you mean communism bill cause thats what it is
is ted cruz the dude whom flew from his own state after all the shits that went down in texas last winter ? the same guy whom got caught at the airport fleeing the state ? yay let us praise him because he know his crypto. clown.
republicans are pro freedom. democrats are on the verge of communism
folks, cruz doesnt care about crypto. this is his last attempt to stop the larger bill. i support his amendment but lets not act like cruz actually cares about crypto.
the thing is that it won’t pass you should read his comments. they are all mentioning the “increase taxes on crypto” while the bull has nothing to do with increased crypto taxes
he's not fighting for crypto. he wants to kill the whole bill and this can do that
ted cruz makes sense? huh, i must not be 20 anymore.
this... this is a good thing!
great to see the small government vs big government debate come into view in a way younger generations can understand and relate to. liberal media does a pretty amazing job of convincing americans that a) any worldview other than theirs is evil along with anyone who hold those views, and b) giving up freedoms to the government is a good thing. seems like crypto is helping knock the scales from some folks eyes.
as a texan, cruz gets way more flack than he deserves. he’s become a bit of a meme but he always has our interests at mind and is always quick to attack government overreach. he’s intelligent and loves his family. glad some people who are actually listening to him for the first time are realizing he isn’t the devil reincarnated like some fools try to frame him to be
he is appealing to crypto base for future votes man dont buy his bullshit
maybe he’s just pointing out the obvious. the infrastructure bill will get unanimously voted by democrats regardless of what it says and you find the time to hate on the republican….
i support it. smart move tbh.
you should ask yourselves when the last time ted cruz did something completely rational and selfless was. he’s not looking out for you. he’s looking out for himself and will sell you out in a minute like he did his wife and daughters.
ted cruz is hitting home runs for the people. i like him.
liberals heads are about to explode 🤯
ted cruz will go down in history as making the best decision in his life on this one.
imagine having to tell the general public the entire infrastructure bill is being held up by a goddamn crypto amendment.
that is awesome! we need that bill!
on this day, even though i never thought it would happen, i am a ted cruz stan
the old zodiac killer looking for another notch in his belt
if ted cruz becomes the political face of crypto...we ded.
i'm always hit and miss with cruz but this one's a big hit. hopefully more to come but let us see
makes sense ted cruz likes crypto since he’s the zodiac killer
ugh...u know, i was always worried that somebody, like an ex-president, would suddenly come out for support of the amc...but (through very clenched teeth) good for ted fn cruze.
kind of makes you wonder whose side you're really on in the end.
itt: republicans bragging one of their guys did something good for them once.
i know this won’t be a popular comment but i feel like i need to say it… listen to ted cruz in context and not the clips played by the mainstream media and you’ll probably agree with a lot more than you think.
ted is a conservative. so this is a logical position. he's not a progressive or statist. i wish more people had a more open mind to listen to what he and people like him have to say. instead of always taking their cues from the progressive left who simply want to control you and do not want you to have crypto, because it lets you have control.
the fact that our government is fearful of crypto makes me even more bullish.
blind squirrels. acorns. he's a lizard in a human skin suit. but a win is a win.
it really terrifies me that an issue such as this has brought people “to cruz’s side”. please check out this guy’s history before you start sending him love letters. among m a n y other things, he’s the one who infamously went to cancun while his constituents froze to death in texas.
if big businesses weren't investing in crypto like they currently are, would cruz even care? my money is on no. yes, his stance on crypto helps the community. i just have a hard time believing he is doing this for the everyman rather than the lobbyists cutting him checks.
get ready for the launch of cruz coin* (not to be confused with the tom cruise coin). *not available in mexico
"if we gathered all 100 senators in this chamber and asked them to stand up and articulate two sentences defining what in the hell a cryptocurrency is, that you would not get greater than five who could answer that question. given that reality, the barest exercise of prudence would say we should not regulate something we do not yet understand. we should actually take the time to try to understand that. we should not destroy people's lives and livelihoods from complete ignorance." \-ted.cruz
he's definitely balls deep in crypto 😂😂
so much of power we generate is unusable! miners will use existing infrastructure to generate more profit from that unused (now used) energy. using wasted supply. not just generating more demand. mining could save the planet. 🌎
ok i'm intrigued now. where did the zodiac killer meme came from? dafuq?
yeah, but he is still the zodiac killer.
hes probably paid off by crypto lobbyists. not that im complaining
your voices are being heard! that has to be congratulated 👏👏 power of the people 👊
hi american brothers and sisters! how are you mobilising to defend crypto against this amendment bill?
need some folks like this in australia. but our government sucks the dick of other nations, so if this passes in the us, we might see some adjustments in aus. although, i remain doubtful because our country is run by cunts whose only desire is to rape the common man into poverty.
... him being one of them. again, broken clock, twice a day, whatever. he's jumping on a popular bandwagon that sets him apart from others, also fine. massive moron the rest of the time, still true.
i never thought i'd like something that ted cruz ever did. how scary...
don't be fooled. ted cruz serves ted cruz, then the dark money funders who take care of him.
i fucking hate ted but at least he is doing something for our community
ted cruz the political hero of crypto. wouldn’t expect anything less from a stripperville early adopter
if this was a move cruz would double cross use later. can't trust cancun cruz.
the motives of why ted cruz has taken his stance on defending crypto becomes irrelevant since hes the only one screaming to strike it off the menu until there is some actual understanding and hearings.
ted cruz is for individual freedoms and respects our constitution. you probably align with him in more ways than you think. i lean to the right and originally did not like cruz very much. he has won me over the last few years. if you watch him he definitely comes off as a scripted politician and that initially turned me off making me thinking he was not genuine. after watching him and seeing the policy he fights for i truly believe he wants what is best for americans and especially texans. i proud he is from my beautiful state of texas.
as a texan i promise you that somehow ted cruz will fuck this up, just wait.
when they said crypto would change everything, i did not think they meant i'd be agreeing with ted cruz...
it is strange that the people that give a hoot about freedom from government have rs by their names. what happened to the democrats? sad, this should not be a party issue but rather a person issue. crypto is helping people world wide protect their lives and well being.
if ted cruz is involved, some shady shit is happening behind the scenes.
the dems don’t want anyone to be rich except themselves !!!
you guys really are sick ducks wanting the crypto space to stay completely unregulated. half of you lose your shirts in pump and dumps every other week. smarten up kiddos
ted is the political equivalent of a paid shill. absolute grifter. i wonder who hired him this time though.
stop pretending ted cruz is anything. fuck ted cruz.
goddammit i really hate ted. he literally abandoned snowball his pet dog in his house during the freeze and he is a piece of shit. i'm not gonna support him. this bitch is taking the good will to stay in office. cruz or no cruz someone else would have done it.
cancun ted did some incredible cringe today with a poster of admiral akbar and screaming “it’s a trap!” can’t think of a more noxious and repellent human being. i don’t really care about his crypto stance since it’s all posturing. this twatwaffle is going to vote against the entire bill no matter what. people like ron wyden and others are having the real debate on how to tweak the provisions in the bill.
if you’re on ted cruz’s side, you should be very skeptical. there’s literally nothing that man does for the good of the country. it is pure self-interest—remember, this is the guy who proudly licked the boots of the man who publicly called his wife ugly. beware.
i know everyone's saying it, but i also cannot believe i'm agreeing with ted cruz. it's ok to acknowledge when someone you think is horrible is correct about a particular issue.
blind squirrels find nuts, too. (y’all know rafael is a shit human being right?)
the fact that it is ted cruz, of all people, confirms we live in a simulation.
wow...i actually agree with ted cruz. hell must be freezing over.
there's an underlying selfish motive here somewhere i just know it. no praises here.
i have nothing but thistain for ted cruisin but i guess a dumbass clock is right sometimes
always a motive, i do not trust ted literally ever. fuck off ted, you are not our friend.
how can i like someone i hate so much? this may be first thing he has said that i didn’t want to ![gif](emoteemo_pack_1shitcoin) on. also
cruz for president! jk 😜
what bizarro world am i living in whwn ted fucking cruz is mah gah.
ted cruz is one of those dudes who wakes up in the morning and thinks about stretching. but then he just gets in his chevy cruze and hits carl’s jr. for breakfast on his way to get a massage.
imagine siding with the zodiac killer
feels weird liking ted cruz but here we are
for being a spineless coward he sure as shit chose the right thing to stand up for.
wonder what his angle is. he's a slippery dude!!
fuck man this tears at my soul. supporting this dudes opinion makes me want to move to the alaskan bush and never come into contact with humans again.
fuck ted cruz, stupid imp of a person. we do not need him on our side.
i'm sorry, but this is not a good thing. don't ever listen to ted cruz. just look at any one to the immensely stupid actions he is taken in the past. it's a power play to buy time to eventually impose the same taxes and restrictions at the state level, all the while making you like him more. this is not even big news tbh. same old noise...
that’s what i’ve been sayin! it’s odd but i can’t say i’m not on his side about this one
every once in a while cruz and rand pull out a good one.
as a texan, the cognitive thissonance of agreeing with cruz is incredibly thisorienting
damn never thought i would ever see eye to eye with ted cruz. well i stand corrected. he must have a nice chunk of investment in crypto!
has hell frozen over? am i on ted cruz’ side?
this is causing so much cognitive thissonance in me... i hate him so much, but he is doing something actually good. i bet he has a shit ton of crypto.
so this time we are making a deal with the devil then, is it?
if ted cruz is on your side you should double check what you're supporting.
i do not find it interesting at all being on ted cruz's side. he's one of the only politicians with a brain.
after all the news about cruz, it wouldn't surprise me if had a decent bag of etherium. millions of $. who wouldn't fight for it? i'm sure he is helping the people for the wrong reasons.
a broken clock is right at least twice a day.
oh please, he’s just doing it either because he has bags or it’s a calculated move for political gain. he’s still a sleeze bag.
a broken clock is right twice a day. this is a good stance for rafael cruz but it makes me think what’s the ulterior motive behind it.
he’s fighting for votes, not cryptos future. give it a month and the dude will reverse his stance
cruz may be “on the right side”... but he’s a shameless opportunist. see who’s pocket he’s in... if anyone can figure that out, this community can!
being from texas myself, i feel dirty having cruz on my side... it's freakin weird.
have you heard him try to explain anything? i guarantee you he cannot explain it either. wonder how much he just pumped into it. he's certainly not doing this for "the people". remember, ted cruz historically does what will benefit him the most. you all can fuck off in his mind.
good luck ted cruz. you slimy son of a b****. we hold better than your fake ass beard.
just remember it is to bait you into being his supporters so he can fuck you over later
in all other aspects: fuck ted cruz
the hypocrisy is strong with this one haha
fuck ted cruz but this is cool
hes still a traitor, nwver forget jan 6
go fuck off bringing up cruz on this forum. he is an evil, corporate tool and do not for one second think he has your best interests in this.
unfortunately won’t ever see the light because it messes with the cbos budget. it wipes out the -30 billion that help pay for the bill. that number comes from no where but it’s in there and has now become important, even if it is made up. there are so many parts of this add on that are messed up. from the made up numbers, to the mis-characterization of crypto players, to just plain ignorance. it’s tough to focus on just one aspect of this terrible legislation.
you know if there is not 5 senators that can just simply explain crypto we're fucked for the future. not that i believed we weren't, just more proof.
"leave cyrpto alone" -leave britany alone guy
i said the exact same thing lol (just 4 senators instead of 5) very weird agreeing with him, but it goes to show that the hyperpolarization in our political system is hindering positive development as seen here, today.
also, just because you agree with him on this does not make you hypocite if you thisagree with him on other things. this is a fallacy statement that keeps being made here when people support.
my immediate reaction upon seeing ted cruz being mentioned is with obvious thisdain and mistrust. knowing him, he is doing this solely for his personal benefit and if the tides turn at any point down the line, i do not see him staying loyal to anything. he may be doing this one thing that aligns with our interests now but his history has proven he is one who "says whatever is politically convenient to him at the moment."
bills in the us should be clean and not tied to one another. fucking ridiculous.
crypto's popularity is growing rapidly with the people. do not assume this is anything more than a pr stunt to get votes. it would work out in our benefit... this time.
i wonder if cruz holds a bag of crypto?
it pains me to upvote something that’s not bashing ted cruz…
you guys do not see the picture here, do you? the bills have crypto in its provision because stimulus money was supposed to be spent and get the economy move, but it has been shown that 20% of the stimulus money ended up in cryptos. even then, it would have been ok if you bought usdc to invest in cryptos but many of you blindly fund chinese crypto mafias by doing trades in usdt.
sounds like the amendment we should be calling our senators about
w better later than never.
the enemy of my enemy is my friend i guess.
senator dracula is right
now my favorite ted since the mark wahlberg movie.
is this true? can’t find a confirming source.
there are politicians on both sides for and against crypto.
senator richard shelby voted against crypto innovation. who is he? richard shelby is one of 2 senators that represent alabama, the 5th poorest state in the united states. in fact, 16.8% of his constituents live below the federal poverty threshold. at a county level, 10 of alabama's 67 counties have a poverty greater than 25% and 8 have a poverty rate higher than 30%. he's held office since 1987 and his voting record speaks for itself. he's a founding member of the zero capital gains tax caucus, which aims to "explore capital gains tax reform and the beneficial effects it will have on capital formation and economic growth..." sounds like mr. shelby only supports favorable tax legislation when it benefits himself. in fact, richard shelby is quite rich. he's the 11th richest member of the u.s. senate as of 2018, with an estimated net worth of . how did he get so rich you might ask? well, it might have something to do with the . this is his "leadership pac," which operates through a loophole that allows government officials to use campaign finances on lavish expenses such as hotel rooms, steak dinners, and limo rides. meanwhile, his poor constituents are funding the banking industry through overdraft fees, 80% of which are paid by the poorest 9% of bank customers. while shelby voted against bail outs in 2009, he frequently votes against bank regulations. this is not surprising, considering the vast majority of his donations come from the finance, securities, and insurance industries. though, shelby claims to have voted against crypto innovation not in favor of banks, but due a lack of support for his suggested . he has a record of holding up important votes for personal earmarks. take for example, his placement of a hold on more than 70 of president obama's nominees in protest. long story short, richard shelby is the perfect example of the type of public servant that stands in the way of crypto innovation in the united states. he has no idea what crypto even is, he just knows his banking friends do not like it and it threatens his own wealth. welcome to america.
ted cruz and el salvador. crypto is in great hands right now.
what the fuck? senator raphael cruz is in support of crypto? i'm having a hard time believing this. i need source.
the hero we didn’t realize we needed. 🤷🏽
i cannot believe i would ever be agreeing with ted cruz. it makes me doubt my entire reality.
crypto will win and banks will fall at the end
nice. let’s make this happen
never thought i’d agree with ted cruz
never thought i'd agree with ted cruz. i bet there is definitely less than 5 that even have the slightest idea about crypto.
it's quite apparent from the wording of the amendments that no real thought whatsoever was given to the adverse impact the legislation could have and that the only focus was based purely in greed of acquiring mo' money, mo' money. let's face it, this is going to negatively affect not just crypto, but the stock market as well. miners, node operators and validators that do not want to be straddled by overburdensome regs will just call it quits and sell equipment. that will in turn affect chip makers, motherboard and graphic card vendors, etc. intel, amd, nvidia, msi, etc. will take a hit, too. there will be a ripple effect far and wide because some greedy socialist dumbasses could not reason out what a thisastrous move they were contemplating making.
the answer is simple boys. never sell your crypto
can we creat a dao senator?
admittedly, i do not know shit about crypto either.
i hate that i agree with ted cruz, but whatever, i'll take it!
god do i hate ted cruz but he is right about this
he just wants a free cruz to the moon and i am totally okay with it.
same, never thought i’d be in support of ted cruz, but i also predicted that it’d get dropped. i support this just as much as toomey
the zodiac killer may be our salvation. imagine that
texas is big on crypto. the governor is all for it. and mining is cheap in texas.
it’s moments like these where i can’t believe that my own party is so dumb that i’m grateful that there is an opposing political party.
ted cruz is crypto whale
what’s the catch? more military spending like the last guy?
rafael has a point
cruz holding some fat ass bags
these comments have me curious what the political split is among american crypto holders. its very much a technology which both sides of the isle in american politics could easily muster an argument for. it seems to be a common ground topic. it’s obvious which way most of reddit leans (at least vocally). but i am curious about the political demographics of crypto holders in the us. anyone know?
i'd like to see ted cruz explain crypto and dfts. he is not the sharpest knife in the kitchen drawer.
he must have some investments in crypto for sure
i had heard of crypto having smart contracts. it now seems to have gained the ability to make smart senators too!
[ted cruz, crypto and the latest on the infrastructure bill. ted says strike it!](
i agree with ted cruz now? it really is a clown world.
crypto should be in a crypto bill. infrastructure, infrastructure bill. healthcare? healthcare bill. no riders, no stupid little additions.
dammit ted cruz of all people.
here is a sentence i never thought i would say: thank you ted cruz!
honestly, this is how politics should be, judging based on individual policies and supporting or not depending on your views, rather than this bullshit personality contest and believing whatever you are told. he may be a prick with questionable views in other areas but i'll support anyone who is supporting something i believe in, and i'll be against stuff i think is wrong regardless of who is putting it forwards, and which party they are from.
maybe don’t inject your political opinion into every decision you make?
to be fair the zodiac killer always used cryptic messages
i agree with ted cruz...?
cruz missile that bitch
ted cruz finally acting like a magna cum laude from harvard.
i bet you he is a doge bagholder
he’s trying to pump zodiac coin, duh. seriously though, it’s great to have someone with some common sense on our side. go ted!
finally, someone making sense
aren’t there more important things he should be working on (the answer is yes)
this is resulting in a mental existential crisis for me
like donald trump he doesn’t always have great ideas or politics but when they do it’s direct and somewhat fair and understanding. i’m no fan of the far right or the far left but it’s good to recognize people who are actually doing their jobs unlike jackoffs like palosi, aoc, warner…umm biden i guess most of the people in power right now.
and we’ve got mitt romney over here still finger poppin his a$
texas finally comes though.
only reason he is saying anything is because some mellinial staffer told him how to invest and now he is going balls to the wall on insider trading
entire infrastructure bill should be struck down completely
someone needs to come by with a buckets of water for all these damn senators faces cause they’re sleeping!
this is really bad, now a lot of people are going to be against it just because this fucking clown is proposing it. couldn't they have someone else offer it ?
i like the guy then
ted loaded his bags.
if you track and tax crypto more effectively, that seriously fucks up some of his bribes and dark money operations.
can't belive i'm on ted.cruz's.side... nice episode 8, 2021.
corny name, but if it helps i'm in!
i mean, he’s not wrong
even people who are paying attention to the crypto space could not explain what half of these projects and apps are doing. the use cases and rate of expansion is mind boggling.
" er...crypto is some cryptic money system on the cloud internet thingy with chains and some blocks involved..."
ted cruz doesn’t believe in crypto, his donors believe in crypto. don’t forget that.
the old generation is mad just because they do not get crypto stuff
i cannot tell you how much i hate agreeing the ted cruz but here we are
i'm concerned. i've now agreed with ted cruz twice in the last two years. of course one of those times was when he supported hong kong before blocking refugees from hk, so idk if that still counts.
he’s only doing it to win votes because texas is turning into a bitcoin hub
you are probably missing the self-serving aspect that he probably has crypto investments himself that he wishes to protect, but i support *what* he is trying to do, even if i dont trust *why*.
man, ted cruz didn’t have any credibility left to lose when he was pushing election nonsense, but fine whatever i’ll admit this is good.
how is it possible to even regulate crypto? they can regulate exchanges, but how can the possibly regulate something that can be passed across borders without any authority to say yay or nay?
planning to buy big next month all the best to me
i might thisagree with ted but it doesnt matter. its important for america to be a player in crypto or we will lose out big time and keep falling behind.
it’s as if the out of touch old tribe elders are trying to prohibit these new things called “wheel” and “fire” because they are scary and thisruptive ….
can't believe i'm actually cheering for ted cruz...
soo this is how bein affected to populism feels like...ha.
fuck me, so you're telling me i agree with ted cruz
this reminds me of super mario rpg when bowser joins your party
interesting that us have senators who do not understand about cryptos but yet trying meddle with regulation.
so how much in campain funds has he illegally hidden away in crypto then
texas power grid- “yeah i don’t know dawg, i don’t think that’s for me, i’m not feelin it dawg” (randy jackson voice)
the worst person you know has made a good point
see how circumstance and opinion dictate political views? first time in 5 years i have seen bipartisan chat threads.
this man flew to cancun when texas was frozen and without power. i do not understand how anyone can vote for him ever again after he said "fuck you guys, in outta here" they left their dog in the freezing home too! i would die before i leave my cat in a freezing home while i got to warmer climate. would never happen.
he am not wrong
i wonder what cruz portfolio looks like feels like he would be a cardano man
he holding the fart gun to their heads *maniacal chuckle*
the us government is completely corrupt apart for a few individuals. this is the swamp in full view.
it’s a non-starter, because the price of the infrastructure bill is already sky high and striking the magical number of “28 billion” from crypto holders is how they expect to pay for some of that bill. if it gets stricken the whole infrastructure bill collapses; therefore, as great as this seems, it’s highly unlikely it would ever pass. then on top of that they’re having procedural issues and democrats aren’t allowing for amendments anyways as a result. it’s just a huge shit show in senate, and to think our country is ran like this. monumental decisions being made on hopes, lies, and whose lining whose pockets.
i like that the market is responding to this in the best way possible
because he is invested in. easy. he fights for his money first and foremost.
makes logical sense. bitcoin is green and has no reason to be in the bill anyway.
based ted he definitely owns a ton of crypto and this is in his best interest but it works out for everyone
the right has been saying for years. you give the government an inch they will take a mile. finally the left is realizing this is even the case with progressive ideas like crypto...
ted cruz. crypto protector. watching this from the uk is pretty eyebrow raising. a less charitable person would suggest he either holds a lot in btc himself or some techie has got hold of his search history.
we’re with you cruz!
what a genius move and for real if they do not even understand it why the fuck should they put some stupid rule like that on it. just not fair
i've said it before and i'll say it again, someone can be despicable, have no backbone, or generally be a piece of shit. that does not mean they are always wrong or bad in every single case. you're not a bad person if you like hitler's paintings.
so many red flags going on right now...
the problem is if america pass this bill. then so many other countries are going to follow the same. many country did not want crypto. one is india. india is still doing stupidity with their crypto bill. and if america pass this bill , india and some other countries are going to do the same or worse even.
except for that one douche fuck who kept introducing a 50 billion dollar defense amendment, it would have passed.
he's just anti whatever the establishment is.
ted cruz is useless, but he cannot always be wrong. the old adage about broken clocks being right twice a day seems to apply here.
a foetus in a jar
ted cruz is a hero!
didn’t expect this from ted cruz of all people
the zodiac killer strikes a few times a year.
so we're rooting for texas? go texas!
in principle, republicans are supposed to be pro-free market. it seems this is not the case, often. i am glad cruz is standing up on this principle.
the man who slaughters all but one child is still evil, even though the child lived.
thank goodness it will fail as everything ted cruz does. you will have better luck in cancun!
vote with your crypto wallet
jesus does every single comment about ted cruz have to start with 'now i'm not a fan of ted cruz normally...' us politics is so tribal.
plot twist: ted cruz does not even know anything about crypto.
so weird to be completely on ted cruz' side after all the shit he is pulled in his political career
i'm curious how many crypto he has! politicians only look after their own profit.
the zodiac killer does something good for a change.
this is all good cop bad cop tactics, ted is a real piece of shit and always will be.
the mental gymnastics here is hilarious to witness. i’m astonished that you all seem astonished that the party known for deregulation is the one fighting for deregulation. fucking reddit lmao.
that’s pretty said but at the same time the level of corruption from politicians who do know what they’re doing needs to be stopped
the guy who fled the state during a hurricane? he's just gone up a notch in my books. he's now at notch one.
he must hold a shit load of crypto, he does not do anything unless it benifits himself.
i did not see this coming from cruz, but i'll take it. i also did not anticipate gensler's postion on regulating crypto given algo was conceived at his alma mater. i think this paragraph from a post on coindesk pretty much sums up though: "retail investors are mostly left with post-ipo scraps. as georgia school of law professor usha rodrigues states, “securities law … in theory, as in practice, marginalizes the average investor without acknowledging that it does so, let alone justifying it.” [gary gensler's insane crypto policy](
oh, well, we know rafael is invested in crypto now...
are we championing ted cruz? weird future.
ngl my hopes that one of the most hated men in washington are not exactly high but i’m rooting for you mr. zodiac killer
saving up 45k from internships is fucking amazing!
ted cruz is a massive hodler, confirmed.
of all people ted cruz is now our pal
i do not know why but for the past year i've been thinking hat ted cruz has been going against the wind. it's almost like he has become a real person.
ok since this died also, and assuming it goes to the house unchanged, who over in the house is working on fixing this?
ted cruz actually talking sense? what world do we live in
the ted cruz? i never thought i'd ever agree with the man
feels weird being on the side of slimy politicians but hey if this guy can take some bribes to be on our side i’m cool with it
income tax when receiving money. sales tax when spending money. these parasites are taking it from both ends and its not enough.
i would prefer if they left the space alone at least until they have a better grasp on how people actually make gains.
i hate ted cruz but the point of politicians is to represent our views, and he is the only one who understands this topic.
i think ted cruz is more likely fighting this just because of the party lines, then doubling down because he is getting a lot of public support. smart politician really
people cruz hates him cause he’s republican, but hey these are the same people that love texas lol i love my state and the crazy people of this country
hey, looks like the galvanisation has completely gone.
the sad truth that we have to understand, is that the government will never take any risk of losing the control of us. thats why they are going to make theire own digital currency (cbdc). we need people to have the control... if we all started using bitcoin as the main currency, i think that would be the key to world war 3. i am still holding my bitcoin tho.
wow...first time in my life siding with ted...
got a feeling ted cruz is only doing this because he has a direct finicial interest in crypto... eg someone "donating" lots of money to build a mining facility in texas.
he's balls deep into some shit coin
cruz gonna lose a whole ass twitter army. 😭
so the sec has created the financial crimes enforcement network but i wonder if there will be a truly crypto-oriented legislative committee in the future... certainly there are several for congressional use and deployment of fiat
because he’s pot commited. he has money on the line. period. true but their is always a reason. lets stop being naive
oh god, bitcoin will be "remember that thing" in 2040.
all politicians should have to wear the logos of the companies that donate to them on there suit jackets! like nascar drivers wear there sponsorship logos! that way we know where there interests and loyalty truly are!
its a gamble is what it is. one where morons buy in high and a couple few cash out higher. it barely has a function beyond money laundering and gambling to get rich and only does so because it is basically not controlled in any way
i never thought i would side with ted cruz. but this issue is bigger than my political bias against him. glad he is on our side.
the one good thing he is ever stood for.
you really need to re-evaluate your life choices if you have ted cruz on your side
if cruz is for something, always check and see what is corrupt with it. the less cruz has to do with crypto the better. cruz is a human piece of dog shit.
quick, someone have him empty his pockets. i bet he is smuggling bitcoin in them!!!
well, i never thought i'd agree with ted cruz on anything but here we are...
i'm gonna go out on a limb here and say ted cruz and*things*.
i guess it is possible to agree with ted on something.
i think cruz is expecting crypto to be used politically for money laundering or dark money purposes therefore making it regulated and government traceable defeats the purpose in his eyes
if he got on the senate floor and actually spoke up about it...that would be the only headline worth getting excited about. otherwise i don’t even think one needs to look into a headline like this. it’s perfectly transparent, to me at least. scum bag liar says something you really like = he’s probably lying because he wants you to like him.
it's to win over younger voters when he runs for president. you're all so gullible.
he's just trying to preserve his pump & dump scheme. while i agree that crypto deserves to be considered, señor rafael cruz is absolutely *not* the savior y'all are making him out to be.
oh he just hates regulations. republicans are just anti regulations without any logical reasoning
anyone who thinks ted cruz is doing something for them, regardless of the subject matter, is an idiot.
who would have thought that i'd ever agree with something ted cruz says of all people...
man, i’m seriously conflicted over being on the same team as ted fucking cruise of all people. i guess in the end all that matters is our wallets get fatter and crypto gets some favorable legislation
oh no he is a red hat republican they hate the world and the environment this cant be true.
it shouldn’t be a part of this bill in the first place. the only reason it’s here is because they expect additional taxes on the crypto space to help fund it. this has nothing to do with protecting the people.
not american but i can smell it is about money. be it mining or one of his sponsors interest, might even be personal interest. it still probably comes with a price.
i would never expect to be agreeing with tc. but to even need to thiscuss the fact that you need to remove a totally unrelated subject from a bill intended for something completely different, shows how batshit crazy and broken american oligarchy is.
feels gross being on ted cruz side. i want this that bad though...
he's not fighting "for" crypto, or the people holding it. he's not even fighting for texas and their crypto farms. he is fighting for his own best interests and to line his pockets, same as always.
don’t tell anyone publicly you are on cruz side you’ll be rung up the flag pole 😂
god damn it is weird to have fucking ted cruz on my side with a political issue.
the world is truly unraveling if ted cruz is the voice of reason.
he is not lying tough
this… is amazing. never thought i’d root for cruz.
be they gonna tell you republicans bad 🤣
what this has shown us is that cryptocurrency needs more or better lobbyists.
i’m pretty sure he can’t neither, and do all this only for his rich friends who will take over the market because non regulated market always end in the end of the richest.
he's invested in crypto
ive seen many humans and tedcruz is definitely [one of them](
i can’t believe ted fucking cruz is being a better friend to crypto than anyone else. but i’m thankful for him.
a testament to the universal nature of crypto. funny to think he is on uniswap investing in baby doge 🤣🤯
>not 5 senators who can even explain what crypto is… ah imagine a world where elected leaders had basic knowledge
i still can’t believe that ted cruz is turning out to be crypto’s biggest proponent right now. thank god someone put up an amendment saying to drop crypto from the infrastructure bill. it just blows my mind. i personally can’t stand the guy and if you would have told me this a year ago i would have never believed you.
ted cruz knows, he holds, and he sees how much money he can continue to make if crypto is handled properly.
opinions on celsius staking? trustworthy or nah?
a great sign that crypto will continue to grow and thrive with the unfortunate outcome that the us will fall out of yet again another great opportunity as the current political system is run by lobbyists backed by private companies. omg country x imposed laws then trade else where. the whole purpose of it was to be above the political bull shit and break down some barriers. it’s happening and it’s working. don’t give in to the news because we are headed on the course they simply don’t want. i could say much more but it’s good to keep in mind their are people controlling mainstream media.
there aren’t 5 senators who don’t have one of their major passwords as password123 so he’s definitely right
cell or no sell.
when ted cruz supports your cause:
we need to get behind mr. cruz!! great man he is lads...
he is not fighting for crypto you fucking putz. he's taking campaign cash. that is all he is doing.
who is ted cruz
so cruz is a whale?
if miners are smart they add a few wind turbines and cut costs
none of it matters, mining will leave the usa is the dust where they belong.
crypto cruz, it has a ring to it.
fuck ted cruz, but his stance on cryptocurrency, which he’s made really publicly known has me perplexed. i’m trying to see this from an objective point of view, which is really hard since everything political is more emotionally fuelled today than ever before. what to do? it looks like most people in the crypto community believe in mass adoption. it’s unquestionably important that crypto be accepted on a massive scale by representatives from any side or party, so that we can all use it more conveniently as individuals detached from any political beliefs. with that being said, i’ve been in the crypto community long enough to see what happens when certain types of people start “representing” crypto. let this be a subtle reminder that crypto should never be centralized, and that a single person or party shouldn’t represent crypto.
classic wedge issue selectiveness. also elon might have had a word.
damn i went from thisrespecting the guy last year to loving him now haha
yeah probably cause he is holding btc and wants to buy a new vacation home in mexico
he cannot explain it either. brings mining sites to his state and brings in the gullible followers thinking cruz is going to fight.
even a broken clock is right twice a day! unless it has an am, then it is just 1 time a day
what is he getting for this? i do not get why he is into it.did he invest heavily? these goons dont do anything without some personal gain
ted cruz is a constitutionalist through and through.
you guys remember when elon was all for crypto up until being against it earned him more money? shame no of us learned from that as another shit bag pretends to be on our side right up until stabbing us in the back benefits him, which intern always makes crypto look worse.
we need any people we can get to strike it off
clock, 2 put a, bat to baseball, opposite of off, mark whalberg stuffed animal movie, large ship made for recreation with thousands of guests.
rafael cruz is offering the cruz amendment, to completely strike crypto from the infrastructure bill - fixed it for you
it does seem like a pretty big problem that the demographic enforcing and creating these rules is coincidentally the biggest demographic of people that know the least about crypto or modern internet technologies lol
did teddy just admit that all senators are dumb as hell? bc even tho i hate his guts that’s actually the smartest thing he’s ever said.
you guys are pathetic
this has got to be the first topic where i’ve actually agreed with cruz’s position
his name is rafael cruz. call him what he is. a pandering, slithering succubus wrapped around the throat of democracy. this is not too bad though lol
ted cruz isnt fighting for crypto, hes fighting for ted cruz. god fucking help us if he becomes the next president over kamala
for once ted cruz is right
ted truly is the broken clock that we need right now
tell them blockchains and decentralized.
it is weird for me being on the same side as cruz too, but i mean, if he is right i'm not going to let personal thistaste for him stop me from supporting what he is doing.
cruz has got a fat stack in doge and he’s tryna keep that shit on lock
hooray for ted cruz!!! at least this time anyway.
an identifying and defining statement. maybe we chose the wrong people to lead us?
ugh!!! but i hate this guy!
makes sense regarding the chinese cryptominer diaspora to texas. all the sudden this new infrastructure bill stand in the way of a ***lot*** of potential state revenue, and of course, the kickdowns he recieves from these gigantic mining operations for fighting on their side. he still does not care about you, or crypto, just money, and his current puppet-master's wishes.
goddamnit i’m gonna have to go with the zodiac killer on this one.
guh cat2nat your making me feel bad, i never thought i was damaging our planet every time i use a **plastic** straw to snort coke... i guess everyone in the country better go to wally mart and buy a bunch of **plastic** patio buckets to capture drinking water. wtf really. & take a bath, yah butt stank girl...
he gets my vote!
ted cruz’s scrag weinstein beard looks fuckable on a dare!
an unlikely ally has entered the chat lmaooooo
>he says there’s not 5 senators who can even explain what crypto is… that's easy. it's that thing all of us degenerates use to launder money and buy drugs.
he’s been fairly consistently on the right side economically speaking. it’s the rest of the stuff that makes him unbearable. fiscal conservatism by itself usually has good qualities, but it’s never by itself.
some folks paying him in xrp and safemoon
"never thought i'd fight side by side with the zodiac killer" "how about side by side with a friend?" "calm down there, ted"
only four people out of 100 in the senate even knew what crypto is. and they’re making laws. that’s a scary thought.
i am all for the "i'm a real human person" amendment to pass
weird to hear the zodiac killer is doing something genuinely good, let alone for the future of crypto.
regardless of people’s personal views on cruz, less regulation is good for crypto. regulation stifles innovation everywhere it’s passed
don’t be fooled by this human piece of shit. but for once he’s doing something good.
it's obviously because he stands to gain from it. he's a pos.
that useless fuck has crypto. he can’t even be bothered to help keep my fucking heater working when it’s 17 degrees, but his worthless ass has no problem running in with this bill? get fucked ted
i cannot even say the words "ted cruz is right" without throwing up in my mouth. so i guess its vomit for dinner tonight!
he probably owns a lot of crypto... safe to say any senators for crypto probably own the asset lol
i feel so dirty for being okay with the guy who didn’t fight to unfreeze his citizens this last winter. i guess his reasoning was the space heater crypto miner argument, but i can’t imagine the electricity cost in that state if the electrical grid craps out again.
i'm honestly leaning more and more to republicans and that is saying alot for me
hell has frozen over and a pig has just flown by. i’m supporting the efforts of ted fucking cruz. fuck.
if the bill passes, not ted’s, but the major proposed bill, what does it mean? i’m a simple stupid man and only dca every month and never sell. is it going to effect me much?
i’d argue there’s not 1 senator who can explain the blockchain accurately much less the 1000’s of different crypto currencies.
what is in there about crypto that hebis trying to strike?
like getting a letter of recommendation from your abuser.
i wouldn’t trust ted cruz. that man is traitor to texas and this country. fuck him.
it wouldn't surprise me if they start making places like coinbase, etoro...etc start to withhold a percentage when you sell any crypto.
i don’t understand why it would be weird being on ted cruz’s side. my politics fall over all over the place, i agree here, thisagree there. but i support anyone who attempts to let me keep the maximum about of money i earn. i know some taxes are necessary. but if you don’t think we have a horrible spending problem more so than a revenue problem...i can agree with you
just because he supports crypto doesn’t mean you have to be on the same team. if he gets stuff passed that helps us, fine, but he don’t give a fuck about any of us, i can definitely say that much.
never have been a ted fan too much but if he’s on our side i say huzzah!
since approval of crypto reflects a myriad of values… maybe you agree with ted cruz on more than you think. challenge yourself.
if ted cruz is for it, it is because he is benefiting in some way. i'm not saying he cannot be doing the right thing accidentally, but that is the only way he would ever do something to benefit others. someone's given him a boatload of cash and bought his vote. he's not fighting for crypto, and there is a very good chance in year, he will be fighting against it when someone else buys his vote.
you dumb ass republicans 😆
this feels wrong. did rick portal us to an alternate universe?
the real problem is that they’re trying to tax all of crypto holdings as income, and not property. regardless of cost basis.
i do not like that man ted cruz i do not like his far-right views i do not like his stupid chin i do not like his smarmy grin i do not like him with a beard i do not like him freshly sheared i do not like ted cruz at all that man ted cruz can suck my balls
let common people have our extra income that is not stripped away with taxes
wow, it took you 11 days to come up with that. 🥱. piss off karen.
hate the man, but love the logic!
all hail a king
oh, i hope that we will be able to pass this bill. this is important for crypto's future.
nodding in agreement with something ted cruz said... there is a first for everything.
don’t be fooled. he’s fighting for his own interest, not yours. remember that
free plane ticket to cancun if this happens.
>he’s really fighting for crypto’s future. im not from the us side, and thefew things i saw from ted cruz where at best, pretty despicable, but just beware that no one in the politics worlds is your friend, not a single one; these kinds of things means one of two things: he has crypto, or he needs the votes. regardless, you should always see what else comes in the "package" of a politican behind the campaign, how the person thinks and acts, otherwise surprises are worse down the line. that said, is not wrong, most people in power are pretty old and belong to a generation that does not know, does not care and wont live the future
ted cruz is the biggest piece of shit in the senate. fuck him.
ted is still a horrible piece of shit.
fuck ted cruz. someone ask mark warner what his thoughts are. literally the only senator who understands.
fuck that piece of shit cum filled taco
thats fine hes bringing it up but you do realize hes funded by the same people that manipulate the law and the market against the will and benefit of the people? if his corporate leash holders tell him to do everything to demolish or hinder crypto growth, thats exactly what hell do. the man has no moral anchor. this bill as a whole is a good thing for democrats and is very popular so hes trying to find any kind of hole to poke in it. look at his voting record. he doesnt give a shit. i hope he follows through with a meaningful fight but i dont trust this dude for a second.
lyin’ ted’s first truth!
beware. he’s a snake.
fuck him a billion fuck. he is only interested bc it benefits him in some way. don't trust the corrupt mf.
ted cruz only fights for ted cruz
this dipshit is getting all the credit for everyone else’s hard work, as usual. ted cruz is a pos and human garbage. he doesn’t give a shit about you or your crypto, he’ll turn on this whole thing at any moment for whatever reason that pays more. he’s a liar, hypocrite, flip flopping douche bag, that hasn’t done anything for anyone other than himself. he’s not a texan either or from the south. fuck that guy i feel better now
the one thing that slimy, run-away-to-mexico bastard is getting right. everything has a purpose, even this tool.
teddy “totes not a murderer” cruz is straight up trying to eliminate crypto from the infrastructure bill. based on his track record i have to question my views on crypto now lol
thats cause ted is very interested in bringing on the climate apocalypse. crypto will too! 🥳🥳
have some fucking integrity. ted cruz is a piece of shit.
if your first response to ted cruz being on your side is not a spirited round of "are we the baddies?" you may not know the man very well. this applies equally to mike lee and many other republican politicians. these are not statesmen, they are fascist conspiracy theorists and covid denialists.
wait a second. them taking crypto out of the bill means legislation to help crypto go mainstream (including etfs) cannot go through. which means some states (such as fled cruz’s “home” state) can continue to thisallow most exchanges from operating there. how much you wanna bet that fled just got a big sack of cash from the banking industry?
lol he is not fighting for you or "crypto's future" he and his ilk are self-serving twats who do not give a shit about you or technology short of what either can do for their own personal enrichment. if it is a coincidence that your interests are temporarily and tenuously aligned, fine, but let us not pretend it is anything more than dumb luck.
he must have a huge bag because cancun cruz doesn’t give a shit about his constituents lmao
fuck ted cruz. this does not make that sack of shit an alright person.
something is not right when ted cruz is a hero.
shame on this subreddit. it sounds like greedy evil bankers and wall-streeters claiming they didnt need any regulations. ted cruz is almost always on the side of evil. guess what? now that crypto can affect the global economy, it should be regulated in a good way. it is young people's fault that these politicians are still in power because young people do not vote. politicians are the way they are because they represent the people who voted for them. how many of you voted and got others out to vote? i made sure to get liberals out to vote in georgia. there are two of the younger senators right there. that was because of unprecedented youth voter turnout with only 21% of all votes cast, but that is the highest in the country. so you guys should be mad at all the young people not voting.
my momma taught me "if ted cruz is on the same side as you, you probably made a mistake"
if you ever find yourself on the same side of a debate as ted cruz, then you are on the wrong side of the debate.
i'd choose a crypto ban over voting for that scum
if all of you are finding yourselves on the side of ted cruz, you need to take a hard look at what you're fighting for, because of everything i've seen, that alone should be enough to tell you crypto should be regulated.
odd to feel this way about ted cruz. i also don’t trust anyone and want to know his play here. he either has some crazy insider knowledge that will make him bank or one of his kids is begging him to stop it.
he most likely has a very large position in bitcoin or ether. ted dooschbag cruz does not do something unless he is to benefit. so i can assure you he has a sizeable crypto position. either way, im all for any and all efforts to save crypto. but as a side note fuck ted cruz. still dont like him.
for fucks sake i despise this spineless bitch, i hate to agree with him on anything. but so far he is right on this one issue.
fuck ted cruz. even a broken clock is right twice a day, but the broken clock isn’t trying to manipulate you into voting for it
his hedge fund buddies are probably manipulating the market. the broken bill would cause volatility which they can profit from. a fixed bill would introduce some type of road block for them. it's a broken bill or nothing for his team
his bags must be massive
ted cruz is not looking for anything other than his own monetary gain unfortunately. i’m sure he could care less about its future his wallet is full of
keep crypto the fuck outta texas. cruz and abbott are setting up for miners and our grid can not handle.
lol if people like ted cruz and mike lee are on your side… i dont think you’re on the right side. the more right-wing nutjob puppets that endorse crypto, the more this whole crypto thing ends up looking like a scam. but enjoy your block-chains i guess!
ted cruz is a vile person and you do not want him on your side. if he wants it out of the bill it is probably for the best that it is in.
cruz is usually a grandstanding blowhard but once in a while he gets it right.
never thought i would hear ted cruz say something that i agree with.
i feel sick supporting something this…person does
sun shines on a dog's ass once in a while
he’s not fighting for shit. he’s taking on a political opponent because all he knows how to do is antagonize. or he’s holding a shit ton of bitcoin and wants it to keep making money. point is, ted cruz is a selfish asshole who only does shit for himself. i’m not saying the amendment is wrong, just wanted to highlight that he doesn’t give a shit about you.
a bunch of us are sitting here going "weird, i agree with ted cruz" and "maybe he is smarter than i thought" etc... are we all really going to ignore what is the most likely motivation behind cruz's stance? we do not really believe he is just a crusader for crypto, do we? no. the guy either holds considerable crypto that he is worried about devaluing, or someone with a huge bag of bitcoin is sliding him some money under the table. i am happy that he is doing this, but i'm not for a minute going to believe that his support of this is due to anything other than personal greed. though really, that can be said of almost any politician.
ehhhhhhh. fuck cancun cruz. the enemy of my enemy is still my enemy in this case.
man, i hate ted. that's all. thanks, ted.
he is not on crypto's side and this is just empty virtue signaling he is filling people with that he would not push for behind the scenes.
if it is something ted cruz supports you know there is gotta be some catch. won't be supporting anything this dude does.
you realize ted cruz is doing this precisely for political reasons, right? and that he’s got absolutely zero moral compass, honesty, or concern for you? and that it’s part of his overall political strategy to achieve a rightwing hellscape? and that you’re now helping him achieve that hellscape? all because you’re a selfish prick who doesn’t want to pay taxes?
fuck off. we don’t need ted cruz. he’ll do more harm than good
berny will not let i threw
enemy of my enemy is a friend for a moment, things get tricky later...
i still can’t believe i am agreeing with cruz dammit said it again off to wash out mounts
ted cruz has proven time and again that he’s only in it for himself and could give two shits about the people he “represents”. ted cruz owns a pile of crypto. that’s the only explanation. just because he’s on the “right” side this time does it mean he won’t stab his constituents in the back at his next opportunity.
i guarantee cruz knows jack shit about crypto, he’s just trying to pull some libertarian votes.
if ted cruz wants to strike the crypto stuff from the bill, then great, get it passed because it is the right thing to do, regardless of who introduced it. i still say cruz must have an ulterior motive though.
i hate this timeline
holy fuck is this ever one of those "person you hate makes a great point" moments. i cannot stand this dude. broken clock being right twice a day literally happening right now.
it is how he gets paid afterall
you know, i called this cuntrag and his d.c. office saying to support the good amendment and oppose the bad one. (it is late i cannot think or want to look up the proper names sorry) i have to say, i am pleasantly surprised that he is actually doing something for crypto! still a cuntrag though.
ted cruz who? the one flying to cancun when everyone was in lockdown in texas??
makes me think he’s trying to do some dirty shit or has done some dirty shit regarding crypto
cruz is a slime ball no matter how you look at it. he strictly acts for personal gain. just keep that in mind before praising him as an ally. my 2 c
including him, i bet. he’s grifting, people, obviously.
the man is actual evil. if he is making sense, you need to reevaluate your position.
ted needs to get back under his rock !
omg, seriously guys, sucking up to cruz?? there's one reason why he is wanting to get behind crypto, and it am not for you or for the benefit of anyone but himself that is for sure. guys a fucking crook, you actually believe a word he saying? have some morals, the guy should be in fucking prison.
selling out to the devil himself. grosssssssss
ted cruz is fighting for us? are we the baddies?
i think you mean rafael cruz. he does not want the voters to remember this but not only does he have one of those awful spanish names, rafael cruz himself is one of those filthy foreigners he always goes on about!
i think that is good but its still fuck ted cruz.
how long till some report comes out saying hes received money from some crypto group :d
ye this guy is probably not the guy you or anyone should invite to their crypto parade
yes, in the face of global warming let us keep the pollution factories intact. i'm sure that will be great
ted cruz tryna get re-elected.
he’s still a sack of shit, just less so.
the first time i can agree with this clown.
lion ted still leading the cheaters the republic!!
these senators are really kicking a hornets nests. hope they get some swarm realization.
ted cruz may be fighting for crypto now but he is a wave rider.
remember, neither cruz's nor warner's amendments give a damn about you.
i would bring an ammendment called the "you do not know what tf you're talking about" if you cannot explain what you're voting on then you cannot vote
if ever there was a sign to get out, this is one
ted cruz really trying to get back on peoples good side. not working for me but keep goin sir
ted cruz is the guy who tried to leave texas while texas had electrical problems, where people died of carbon monoxide because they were trying to stay warm using their cars. i don’t like him.
no. no. fuck ted cruz. never. never. fuck him. i don’t care. no.
also offering a no mask mandate; fucking moron.
ted cruz huh? well even a broken clock is right twice a day i suppose.
watching senators talk about cryptocurrency. you know we're all fucked when ted cruz is the voice of reason. "we should not regulate something we do not understand" granted, he had no issues when the trump fcc redefined what networking is. oh yeah, fuck richard shelby. exactly how many cocks does dod have up his ass. we need a new law. anyone over the age of 60 is ineligible to hold any fucking office. this fucker was born in 1934. i wouldn't trust him to back out of his fucking driveway.
mmm. that clown wants a pet highway project in the bill & this but will still vote...
do ……...do i agree w cancun teddy? i need a shower.
hey this is cool and all but fuck ted cruz
thats awfully centralized thinking of you there mr.cruz...
i hate that guy so much. i feel gross liking this
posturing. he knows his amendment would not go anywhere. he's just trying to score political points. don't believe the hype.
if ted cruz does anything literally everyone has to take a second look. that dude is hated by most congressman and is just a douchebag overall.
me: never thought i’d be fighting side by side with ted cruz ted cruz: how about side by side with a friend? me: no fuck you
he is fighting to get even richer, he does not care about crypto, freedom, tech ,you or anything else the path to more money just happens to line up with you
all he’s doing is taking advantage of the situation to try to attract minors to his state in line his pockets. he couldn’t care less about crypto.
i’d honestly be careful with this. while it’s good that he is fighting for crypto, this feels like he is seeing this as a chance to throw a wrench in a bill he doesn’t like. i would be also be afraid that doing this can make cryptocurrency regulations a partisan issue, which would hurt the bipartisan support that cryptocurrency has gained in these past few days
a coalition of freaks with ted cruz as the cherry on top
he's probably heavily invested in doge because he is an idiot and thinks it will hit .
ted cruz gets no forgiveness for going on vacation while texans froze.
i am terrified ever agreeing with cruz.
ted cruz is not on your side
he’s pandering for your vote that’s all and it’s working.
i do not care what it is for, i will never be on ted cruz's side. regardless of what this guy does, he is a snake in the grass and outright coward.
if there is a kind god he will fucking fail miserably and all of you pieces of shit will lose every cent you've pumped and dumped lmao
i'll be real. i've just been kinda watching the crypto thing from the sidelines. but seeing that ted cruz is so against it, i feel like i should actually go buy a bit since that means it is probably a good thing for the average person. there are a few politicians who you can use to tell what the right choice is by doing the opposite of what they say. i think ted cruz is a go-to example.
fuck ted cruz right in his dopey face
fuck ted cruz. can someone with a shred of integrity propose the same exact amendment so i can support it without feeling like an asshole?
you guys are fucked if you got ted cruz as your knight in shining armor. dude threw his own wife under the bus to lick trumps taint.
wow. hopefully this takes hold.
what timeline is this
he has huge investments no doubt.
he probably hodls real hard
get your [ted cruz]( nft for the low price of...
gotta admit that i used to hate him with the burning passion of 10000 supernovae. now it is 9999 supernovae.
what’s his name? what’s his sign?
somebody's over leveraged in .
it’s not about a side, it the elites want it to be. it’s about freedom of individual liberty and authoritarian power grabs. this is why i absolutely do not ascribe to any party and overall despise them both. i vote for the candidate, their values, etc. they don’t have to agree with me on everything. hell, they can thisagree on 90% of everything, but if that 10% is something i’m passionate about, it makes a difference. pay attention everyone. this is why elections matter and why an informed electorate is vital.
ted cruz, who has struck out with literally every other category of human people (including his own human wife and human children) is now hoping to regain some humanity with the crypto-sphere. broken clocks are right twice a day, so what the hell, i'll take it. thank you, 100% human senator. i will not question whether or not you are human for at least 24 hours.
cruzcoin to the moon!
i'm sitting here with no knowledge who ted cruz is.
maybe some of his favorite spots in cancun accept crypto. good news.
a broken clock is right twice a day.
whats interesting is being a demorat.
that fact will totally make up for his winter vacay
think we can we get him to take his name off of it?
russia pays him in bitcoin
i hate the fact that he’s actually doing something right for once. i’m sure it’s for the wrong reasons, but god damn.
i’ve never been more conflicted. na flyin’ ted still sucks
damn so conflicted about how i feel about ted cruz yet me actually liking something he is doing
gop senator reveals master plan: do absolutely nothing. it's low effort vote pandering. he does not give a shit about crypto. if he proposed some alternate plan to create a regulatory framework that balanced government interests against individual interests, cool. but he is just proposing not to deal with it. the ol' gop special
god damnit. i didn’t want even one reason to like this man.
can we get a list of crypto companies that have donated to ted cruz and the others backing amendments? i simply refuse to belive that any politician is doing this out of genuine concern for "innovation".
these senators arent for crytpo theyre for tanking this bill... a republican put the ammendment in as a major funding source and now these other republicans are up in arms about, but mah crypto. its only about getting it removed so the bills funding is short and they can tank it. these are the same republicans that wanted to get rid of net neutrality...quit circle jerking around them, they dont give a shot about you or crypto
what a time to be alive. still hate that guy, but wow.
god fucking damn it i did not want to find myself agreeing with ted cruz
you people are some of the stupidest people i have ever seen. this man is a coward and a traitor but hey he said something nice about crypto so you wiped your nose and went to work...
everything cruz does is self serving. he does not care about us. he likely has a sizable crypto portfolio. that being said i do not thisagree with his statements on their surface.
here's a hint. if ted cruz if for something, maybe, just maybe, it is bad? i can almost guarantee he has some wallet and will use all of you guys as a way to line his pocket and then leave you holding the bag. he is not your friend.
i bet he is just fighting for himself🤔. fuvk ted cruz
ted cruz jerks off into airbnb shampoo bottles
ted cruz would chop off his own dick if democrats asked him not to, so i _really_ wouldn't give the guy any credit.
if ted cruz is your only hope, you're screwed
ted must have heavy crypto bags
i'd say he has a huge bag and wants to keep it secure.
because it is that easy it's that easy to get some of you sigma grindset alphamales into becoming single issue voters and ignore everything else he says or does it's really the same concept for every other single issue voter in the us, which is say a sheeplike 40-50% of voters in the us, and i'd say about 90% of his own voter base he just says what you want to hear, and you'll vote for him simple right?
it's like finding out hitler was protecting cryptocurrency, but i'll take it.
to be clear, ted cruz is fighting for ted cruz's future. crypto just happens to be his weapon of choice atm.
pssss, it is rafael cancun cruz (fake ass politician)
where do you think he hides all that bribe money
he has failed as a person and as a senator but shiiiiiiiiiit even a broken clock is right twice 🤷‍♂️
obligatory fuck ted cruz, carry on
hopefully this won’t cause blackouts and increased electric bills…
i fuckin hate ted cruz, but even morons occasionally get one right. good for him.
great...that just gives the power mad dems more ammo to push even harder to colonize crypto.
sounds like teds holding heavy bags.
let’s see where we go….
rafael edward cruz. aka ‘ted cruz’, is a fascist and his involvement in crypto is literal cancer, like everything else he touches. i look forward to the day we start rounding them back up again. actions have consequences. having a nazi as your spokesman doesn’t work out. just ask the fat orange liar.
no. i’m not for anything ted cruz. someone else better will come along. i will hold.
if anyone wants a free nft, a very popular nft “al cabones” is doing a giveaway on there thiscord server! here is the al cabones thiscord to join and win a chance at a giveaway! pm me for link!
hmmm ted cruz not running away to ecuador to solve this problem. i'm conflicted
time to sell it all.
what's in it for him?
nah, ted cruz can fuck off
let's remember he am not doing this because he believes, he is doing this because someone give him a shit ton of fiat.
ted cruz defending crypto feels super scripted. i mean, whats the easiest way to make laypeople hate crypto? ask ted cruz to support it. lol
i’m not american so i didn’t read up into it, but could it be possible that so many republicans are pushing for crypto to remain the same so that they can convert their wealth into crypto and have it remained untouched?
the gop launders their dirty money from russia through crypto. ted is a self serving idiot
he will end up letting bitcoiners save his power grid problems and look like a genius. which makes my soul hurt.
goddamn ted cruz, ...also... goddamn ted cruz, \*sigh\* ' argh.
hmmm, i wonder why... there are a few good eggs but baseline politicians do things for their own interest so he probably has a large portfolio.
you just know he’s hodling
this shit is too important. i'm not going to let my political paradigm paralysis prevent me from supporting his efforts.
probably the easiest to get in lobbying exercises... not complaining, but am sure some whales have convinced him of his value to them
it got blocked when do we start protesting
god i hate this slimy piece of shit (as a life-long texan) but he finally did something right for something i give a shit about.
probably the best thing he is done his entire career
this husk of a man surprises me every now and then.
never thought i’d support something from ted fucking cruz but here we are
i do not like that man ted crews, despite his presence in the news, the way he reads poems on congress floor, the way he goes door to door. i do not like the funds he raise, i do not like how he treats the gays, his face full of tattered mess, the way that man continues to dress. but still his laws are clean, as he still tries to keep crypto on the scene, this poem i do not know how to end, just know, ted cruz, is not my friend.
another electict deal that will f*** all in the next winters
would be nice to create a cruz token that will get him rekt since all he thinks about is himself and not the masses. i bet my wallfair positions that it would not happen anytime soon.
let's be clear here, this even though is good for our interests it definitely great for his.
he’s still a piece of shit human though
>it’s interesting being on ted cruz’s side he am not on your side though.
i'm agreeing with ted cruz on something... i need a shower.
it really hurts my soul to like ted cruz what is happening
ted cruz is generally trash... but i approve of this.
it only makes sense that this kind of reason and innovation would come out of texas but, really? ted cruz is now the voice of cryptocurrency? yikes.
so basically you want revenues without taxes, using crypto as an investment when they were not born for that, and for this reason you push ted cruz. make sense, perfect satoshi spirit here.
they know that it is used to launder money and russia likes it for dark money.
he has invested alot in crypto i guess 🤣
this is such a weird timeline
argo blockchain is building a large facility in dickens county, texas. they broke ground like last week.
so that is the reason
texas wouldn’t be that great. it’s pretty hot and any savings you’d get on electricity costs’d lose on ac. north dakota or washington. washington also has no income tax….or is it sales tax…i forget.
i don’t like the guy, but i do like this bill so i’m willing to support him if he succeeds… albeit we as a community need to keep up the pressure on all the politicians
they do not have power grid that could support such an operation.
and i bet he personally holds crypto. i always default to assuming 90% of national politicians are only doing what is best for their personal wallet. sometimes it coincidentally aligns with whats best for society.
too bad it gets hot as the devils nutsack out here can’t mine shit in this heat at a profit
they should make politicians wear the logos of the companies giving them donations on there suit jackets!just like nascar drivers wear the logos of there sponsorships. that way we know where there true interests and loyalties are!
not on their power grid
can the grid handle the load? xd
won't the heat be an issue?
great! we can barely keep the heat on. now we are going to be using ercot for mining.
come to texas...where the power grids run 100% (unless it’s raining or snowing or temps > 78 deg)
the texas triangle and now a texas square with the inclusion of little china.
shouldn't that make him further in favor of giving proof of work crypto advantage over proof of stake?
this, makes complete sense why he is on crypto's side. i'd bet he has some crypto investments himself too.
like businesses and anyone with a brain leaving cali
yep, texas is the new china
there is already a mining company building a 100% renewable system. they already have the deal made and are gonna be breaking ground soon.
us will mine bitcoin. it all looks like coordinated move with china.
would be great to have more mining done in the us no matter what!
that sounds like a thisaster, texas can’t keep the power on as it is
would make more sense to build in alaska, wouldn't it?
there should be laws that only allow crypto mining in areas with clean enough generation sources of power.
and there it is. i was wondering why this soulless piece of shit was on the right side and could not figure it out. always follow the money.
go ted cruz go. team cruz!
wherever there is power it must be taken away and!!!
ted probably thinks the fossil fuel plants can be covered into bitcoin mines as texas is forced to go green.
ted cruz is a total piece of human shit. he is only in this if it benefits him somehow and will switch his fucking mind in a heartbeat. let's not pretend he is anything less than scum.
i am more than okay moving mining out of china and all their coal powered plants. the us may not be perfect, but there is at least more social pressure here to move toward sustainable mining.
ted does what ted wants. sometimes it is good , other times it is fked
i'm sure the miners will love the failed power grid
you mean teddy cruze may have something to gain? he is not our savior?
this all just one big ploy to try and get us to forget that he is the real zodiac killer
he's just moon farming
crypto does not care if you are right or left. it will evolve with or without you regardless of your political views.
i’m mining bitcoin and i don’t even know what it is really.
remember, he is been into cryptography since the 70's. he's a bit of an expert.
tf is wrong with you people? who cares who he is when this is the right thing to do. ffs. this is what crypto needs right now.
do you guys remember when zuckerbitch was in front of the senate a few years ago? nobody had any clue what to ask this dude - because they’re all technologically illiterate - then teddy cruz stepped up and gave that fool a good rogering. it was awesome. i guess the guy has his moments.
cruz does this kinda thing pretty often actually. not for crypto specifically but for other things
ted cruz is an enigma. he says some pretty wonky shit sometimes but he also has insights like this one that kind of make you wish he wasn’t so opaque in other areas.
i know, i can’t believe i’m actively writing him to support him. wtf happened to this world…
that's the kind of honesty we need
ted cruz can figure out cold fusion, he will still be the wimp the licked the boots of a man who publicly insulted his wife and father.
committing acts of sedition and fighting for crypto in the same year. sometimes our world doesn’t even feel real. i believe this man to be the absolute scum of the earth but hey if we get a win for crypto out of this i’ll take it.
most politicians get the majority of their talking points and stances via a board room thiscussion, it is far more popular with conservatives currently as they win far more thisrupting everything than they do curtailing to get the majority of their demands met. things, especially 'new fangled things' like crypto, the internet, or tivo are not as necessary to the control and domination of the senate so anyone with a bought and paid for harvard or yale degree can have an original thought on them now and then. it just goes to show how far behind republicans are that it is not even on the docket. teds views are for sale, it is just no one needs politicians to boost and dump shitcoins for millions of dollars in profit. you just need to know someone in the faze clan for that particular heist. if the whipping boy has a particularly interesting thought and is allowed to share it, it is peanuts to the party.
i mean he probably did not know much either before this infrastructure bill.
you must not listen to him much.
that's what i'm saying. he must be heavily invested.
yeah feels weird being on the same side of an argument as ted cruz
i literally loathe ted cruz and everything he stands for eeeeexccceeppptttt this.
right, how is it the one i thislike the most is saying the things i like the most
he gets my vote! ted cruz the crypto saviour... frikin dick head the rest of the time.
the only true thing that came out of his mouth
literally. i hate this slimy grifters self serving fuck, but a broken clock is right twice a day.
for once he does something right.
if you think thats the most logical thing he is ever said, then you may be listening to cnn 95% of the time you spend on mainstream media.
he's prolly fat on btc behind the scenes
gotta throw that barb in there for good measure cus this is reddit and republican bad
why are you hanging sh on someone who's doing the right thing
the man had a jd degree magna cum laude from harvard and he is a constitutional scholar. he says and does a lot of intelligent things, you just do not hear about them because the media does not want you to hear them. check out his podcast and listen to him speak.
those guys do not do anything unless it supports one of their own' schemes. i'd look out for further claims of money laundering coming from dems in the near future. this could be a good sign, but my cynical side tells me that this dude being cool with it is nothing but a major red flag. either way i'mma hodl, just saying is all.
imagine voting on things you no nothing about but you vite impacts thousands of people. hmmm sounds so familiar
the only logical thing he is ever said.
don’t* (sorry i had to, your point was really good but that detracts from it)
did...did crypto go from making smart contracts to making smart senators?
not the hero we wanted, but the hero we need.
too little way too late for way too many voices that matter
i hate ted cruz and him being on the same side as us makes me feel dirty. i have no doubt he is only looking out for his own self interests.
did you just earn a few hundred dollars in moon for a single 2 sentence comment? congratulations.
most people do not know shit about fuck.
i guess he was saving all of his logic power for this one moment.
"there aren’t 5 senators who understand much of anything about crypto." -ted cruz ' seems to be the truth, yet without even 5 brain cells between them, senators want to regulate it. nation of morons, governed by assholes.
i really doubt he kows anything other than the lines his marketing team feeds him
broken clock is right twice a day. he also probably managed to put his underwear on right side out too.
he's also against big tech, which is great
admitting you're wrong or ignorant is the most anti-politician thing.
alternate take he sees money signs for him personally (mining in texas) and actually knows nothing abt crypto himself.
the pot calling the kettle black. he is just being lobbied by big crypto to do their bidding
wouldn’t it be crazy to listen to the guy that doesn’t know shit about crypto?
he needs to say something logical... his whole party is dying. not to get political, but yikes.
considering the alt-right's's use of crypto the last few election cycles, it is probably in his interest if crypto is not scrutinized or regulated.
isn't the zodiac's killer son mostly libertarian? this seems right up his alley
i mean, you can say that most senators do not know shit about \_\_\_\_\_, and have a good shot of it being correct if it was invented in the last 20 years.
for real, i can hardly believe i'm agreeing with him on something, ha.
i’m sorry but didn’t ted cruz go to princeton? he’s a smart man.
even a broken clock is right twice a day?
the only thing likable about ted cruz is how much all the other politicians hate him
the most logical thing he’s done: killing the zodiac
ted cruz is a traitor to the united states. fuck him and anyone who continues to support candidates who refuse to denounce trump pseudoscience and dog whistles
ya it is almost like the media frames him because he works against their owners political agenda and rubes keep falling for it.
thank you for the explanation. could you please elaborate a bit more on how he was able to block the whole thing himself? does the bill need like 100% yes votes and he said no? i'm bit confused on how this process works. and how was he able to block it. thanks!
let's be honest, if it wasnt shelby, the proxy in a black suit would have picked any other senator to make a bullshit exception. this is *much* higher than anyone realises. they chose shelby cause hes on his way out
good, we have someone on our side. won’t see me complain.
the beard adds years
a politician never fight for the people he fight for himself.
for real he’s not doing this for anyone but himself and whoever is paying him.
and im glad of it.
lol, thanks for the laugh. but seriously either he has a fat bag or one of his main contributors does, that pos only cares about money
that's what i was thinking
probably got paid by lobbyists in btc at 60k lmao
yeah, who cares. we need people with power on our side. fuck political bullshit
ted cruz always looking out for other people*! *himself
i mean, he must be. it’s not like he gives a shit about the people. he’s proven time and time again that that’s not the case
my first thought. these people are only motivated by money. it does not even take that much to bribe them. often times, less than ,000 to push major, society-altering, legislation.
any reason to support crypto is a good reason
wouldnt his holdings he public knowledge?
you keep op's mom out of this!
it's sadly the only way those people will care
lol half of his fortune is in dogecoin lol, he is trying to get out hehe
bingo, it is good ted is pro crypto, but let us not be mistaken it is for us.
more likely, the people who own him do.
for sure. he is fighting for himself, not us. though it is great for us if the benefits trickle down to us.
you know he just tripled down.
good. we need all the support we can get
see crypto sets everyone free. whatever your allegiances before, once you hodl crypto you only care about one thing..."lambo when?"
if he owned crypto he would have to thisclose it.
welcome to america * bill is created * original group comes up with the bill plans * you need x votes from house & senate * to get those votes, you have to give them a reason * those people now come up with a few pages for their selves * then it all gets sandwiched together for a 1000 page bill.
you’d be surprised what kind of trash makes its way into bills that are completely unrelated. especially “must pass” bills.
>why the fuck is crypto on an infrastructure bill? for the same reason ufo shit gets added to a covid relief bill.
you should look into more bills if this suprises you. they always try. it is also how the media can affect public sentiment. they will put headlines saying that so and so political party or members are opposing some bill!!! on the surface it looks like they are opposing some bill that will help americans, but in fact they are against bullshit like this being thrown into a bill unrelated trying to sneak it by. you have to get your news from more places or directly from the politicians to get the most of the picture you can.
crypto & blockchain will be critical digital infrastructure of the future?
because it is much easier to pass a giant, overspending bill of bribes sand pork when you call it an infrastructure bill. sounds nicer to everyone who wants to blow taxpayer money to call it something that makes them look good
at some point you have to turn your usd into crypto or your crypto into usd. the bill could have exchanges track and thisclose that information, or put limits on those transactions
the infrastructure bill has very vague language open to interpretation as to who exactly gets to be regulated by it, and there is a fear that regulating authorities will cast their net so wide as to drive all crypto innovation out of the us. also there is a worry that regulators will use this to selectively drop a ton of regulation on *some* cryptocurrencies while letting others completely off the hook. so, for example, btc might moon because regulators decided mining does not need oversight but eth might crash and burn if the same regulators decided validator nodes need to kyc.
let's not forget this all was not done by cruz. i'd imagine his beard had a lot of influence as well.
no wonder he suddenly supports crypto
seriously warren, you're gonna make me agree with ted fucking cruz?! this is why democrats don't get more control nationwide, you're the same old billionaire kiss asses that the gop are!
same. i hate ted cruz, but i can recognize when he is doing something good
i will support anyone who'll allow me to upgrade my pc for a reasonable price.
i'm sure there will be a lot more single issue voters after this.
if you think cruz is doing this because of some righteous belief in crypto, then you're wrong. he's a bought and sold politician and liable to turn as soon as crypto takes a huge dump or a bank pays him a few more pennies. ted has no originality and sports a ramen noodle for a spine. if i had any skin in the game, i would take this as a sign that the crypto market is about to tank once again.
say that to my face, buddy
honestly, moons kind of killed this sub.
yea it’s kinda funny. like yea sure earning crypto based on your contribution to a crypto sub sounds like a good idea, but you realize that’s just gonna make people spam and shit post as much as they can to earn said crypto right? that’s exactly what this sub is seeing.
5? that's a bit optimistic.
it is well enough that people of the nation do not understand our banking and monetary system, for if they did, i believe there would be a revolution before tomorrow morning. -henry ford -michael scott
whether you like it or not, bundling unrelated things into bills is what allows deals to be struck and keeps things moving.
no deadnaming on this sub, sir. 😂
don’t forget about senator lummis, shes the spearhead of this crypto operation
it feels weird to have the asshole senator backing us though.
well, you had the first part right. lmao. he has not done any good work. he's a traitor to the country and to the state he represents.
he might own some crypto, or maybe he is just a libertarian
only this one time
ted cruz is, like most politicians, on his own side. and, again like most politicians, his alliances fluctuate with changing circumstances. right now circumstances put you on the same side as his. it will change around again soon enough.
he is certainly made out to be the antichrist sometimes. i’m pretty in the middle and feel as you do. dude can be pretty crazy but then other times you can’t help but give him credit for having a good point
this season of the crypto show is wild
you just gave them the idea for the next biggest series of nfts after crypto punks ![gif](emoteemo_pack_1ath)
sometimes the people you do not like do good things and vice versa. it's part of the human condition.
what op posted is old news, and it is already not relevant. just a thisappointing case of moon farmers trying to rile up the subreddit without doing their due diligence. cruz introduced this amendment 5 hours ago after senator shelby blocked the compromise amendment, and senator shelby blocked the cruz amendment too. there are no more amendments to the infrastructure bill.
give it time, this feeling will pass. but really, i do appreciate this particular stance of his.
i'd tend to agree, but the only regulation they are opposed to is financial. and seeing the amount of lobbying they receive, of course you'd bet that they are against taxes, especially if they can sugarcoat it as "opposing regulation". meanwhile, they seamingly have no problem regulating every other part of people's life, like, as mentionned by another comment, the choice of getting an abortion.
the hero we need, but not the one we ~~deserve~~ *want*
like most things in life i’d bet most people are closesr to the middle
too busy stealing from the treasury and then blaming successful people for not paying their fair share.
meeting with the big banks, money managers, and wall street.
its not. and like all these other pork barrel authoritarian empire supporting pieces of legislation that have been passed over the last couple years, we will find out about countless other examples of bullshit that are hidden in this bill.
enough to make the right call here. i wish that statist asshole mark warner had a bigger crypto bag.
they need to organize a coup instead of a rally. that's the only way i see this shill shit stopping lmao
that’s pretty much what i was gonna say but you already did.
it’s an assumption. and one can argue that warren has her own agenda and on and on it goes. i care about my agenda and crypto’s future, if ted or some other asshole gets rich while defending it, sign me up.
yeah his job is to represent his states interests...
> the left has always been about regulation and taxes. depends where you look on the left. establishment dems? sure. actual leftists? the arguments sound more like "remove taxes for the poor and middle class, and hypertax the rich."
i think it’s fair to both want more taxes for the ultra rich and not want politicians making hasty regulatory laws about crypto when it’s clear they don’t know the basics.
the politics subreddit is more shitlibs than actual leftists.
biggest bunch of hypocrites. what’s worse is that these clowns are only ever exposed to reddit which they project as reality; hence, their ignorant views
funny how people can agree on issues that are not some mainstream controlled opposition ridden manipulated red.
sounds like they are putting differences aside lol what do you mean
i don’t see it as “unable to put differences aside,” in fact just the opposite. putting differences aside doesn’t mean you can’t express your shock at the odd position in which you find yourself.
isnt that what they are doing by saying that though.
> it’s fun how people can’t put differences aside, and almost every comment it’s “i can’t believe i can agree with this guy”. except that literally is putting differences aside.
do you really need specifics about why the guy who read green eggs and ham on the senate floor in an attempt to take health care away from millions of americans is unlikable?
check out his twitter feed. i saw someone repost one of his posts the other day and it was so outrageous that i didn’t believe it was real. went to his twitter feed, and yup, it was real and so was a slew of equally horrendous posts that he shares publicly with the world daily.
not many reasons other than his denial of climate science, his moral objection to the poor getting healthcare, his dedication to funneling as much money to his donors as humanly possible, his spreading of covid pseudoscience, his spreading of thoroughly debunked theories of a stolen election, his efforts to cut medicare, medicaid, social security, his steadfast devotion to theocracy as a governmental system, just literally everything except the fact that he is defending crypto right now because his state stands to gain from it.
based on recent polling, a lot of people’s will be.
i mean as far as i'm concerned, the less the government gets involved with our area the better. i'd rather non intervention than overreach.
his popularity has skyrocketed since he grew the beard.
i do not think you know what a communist is or stands for, because if you did you wouldn't be making that stupid claim.
not me, i salute him
i am willing to agree with ted cruz on this but he is still a gutless asshat who pees in his jeans because he likes the feeling
when’s the last time the mainstream media was right…?
for the most part, not really.
man it’s felt like that since harambe, bring back 2013 already, i miss those days :)
based on his holding history and how that relates to who donates to him, i do not think travel is why he is despised
shelby is a liberal now? i’m so confused
> who the real evil is in politics now i mean on 90% of issues that matter to me, it is still conservatives. you dipshits only fight for freedom when it is a reactionary stance to the left. abortion? nope. gay marriage? nope. unisex bathrooms? not in my country. can we smoke some pot? devil's lettuce. can i vote by mail? too much freedom! can i have ubi? you some kinda lazy??? can i go to the doctor without remortgaging my house? no that type of freedom is for communists. sorry, but the lesser of two evils is still blue, so i reluctantly give them my vote until fptp voting comes to an end and i can actually vote libertarian.
ah yes, the *real* evil. a truly intellectual statement. because if there is one thing i know, it is that politics is a battle of "good" vs "evil". and, obviously, my side is the "good" one. i am so smart and impervious to any manipulation.
why do i feel like the super rich are just going to use crypto as an alternative to offshoring? you get rid of all the fees and you make it super private, bam, you can’t tax them i mean i’m balls deep into crypto and don’t want it banned, but it’s laughable to think the republicans will do anything other than what they are told to by their donors
nah cruz is still a shit lord
most of the republicans are on board with the plan to take everything from you too.
imagine a post about ice cream, and posting some defammatory bullshit about vegetables. take your slander elsewhere. on a global scale, biden's actions are still pretty center right. to believe the democrats are "on the verge of communism" shows how little you understand the world.
people downvoting this are really doing everyone a thisservice.
cruz cares about limited government and bad monetary policy. this falls into both categories
republicans played both fucking sides of this infrastructure bill. for weeks they picked off every tax increase on the wealthy. then we have fucks like ted cruz pretending to be a hero. the man couldn’t even defend his wife from being called ugly on national television.
best comment in thread. glad to see some adults here.
doing what your constituents want in order to win their support? how horrible.
my country's government is trying to ban it lol
by complaining about how a politician plays for a team they don’t like on the internet!
i just want decent regulations. not ones that 87 year olds who cannot find the remote for their vcr hand control of... term limits anyone?
you realize that as a us senator… cruz has…. zero control or say over texas state policy… as in when the energy grid failed he had zero ability to do anything other than appeal to the federal government for aid... which he did…
it's possible that the truth matters above all else to him... his wife *is* very unattractive.
it's called a poison pill. if the crypto 'pau for" is removed the cbo score shows this bill as adding over 300 bil and there would not be 10 r's to pass it as "bipartisan". all he is trying to do is kill the bill. this is also old news & since bernie did not let the vote on shelby's poison pill to add . it will get fixed in the house, reconciliation, or during irs rule making before it takes effect.
this is the problem with american politics. people will oppose sensible legislation. i did not support obama, but he did some good things. i did not support trump, but he did some good things. i do not support cruz, but this is a good thing.
his big oil overlords have crypto.
yeah, the debate on amendments is closed. lying ted can posture all he wants, but in the end, mitch 'the grim reaper' mcconnell and chuckie schumer have the votes to pass the bill.
same here. i am usually not a fan of him
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cruz has always spoken for what's right, whether people want to believe it or not.
wind turbines cause cancer, bro.
kamala's party is the one trying to kill crypto.
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>thefew things i saw from ted cruz where at best, pretty despicable, like what? cruz is a super vanilla small government republican.
you do realize he is not in that group either?
you do that lol.
fart on hand and smell it token
you have no idea what you’re talking about. also the bill made with no amendments to it would favor pow crypto that is much worse for the environment. honestly, don’t comment something so ignorant if you don’t know what you’re talking about. also i’m a liberal that supports greener tech so don’t try to come at it from that angle. proof of stake is far more efficient and that’s what the bill with no amendments made to it will be killing.
true of, literally, every politician. even a broken clock is right twice a day.
you only hate him because the media tells you to.
ted cruz would make a great president.
doesn't matter what it looks like to you. only matters what it actually is. enjoy missing out i guess!
he proposed term limits on the senate, that was good too.
very true…but we’re holding bags too. it’s about money for everyone
by that logic you should smoke a pack of cigarettes every day just to get one over on ole adolph
its all done for political reasoning. its politics, and they are politicians. they are all bad. both sides. fuck the two party system.
big oil must have money in crypto. that's the only masters he serves.
and acid rain. and the ozone layer. and new york being underwater 15 years ago.
electricity is cheap in texas. 8 cents a kwh.
actually power is very inexpensive in texas. the recent freeze was a weird situation that got all fucked up because of how they had to supplement power. texas also has a really good solar situation if you wanted to install solar power and go mostly off-grid. wouldn't be surprised if a lot of the miners that move there do just that long term.
vaccines work? obama party? illegals at the border?
news flash, he does not seek it.
he would be a great president for your country.
why would you trust any politician?
so you get two options for politicians if you want to support change in the system we have, you can have either a fanatical zealot with really specific implicit views that wont be changed public opinion be dammed, or a slimy sociopath who wont really fight for the people but at the very least as an interest to appeal to them. it seems almost just as smiley to through your values out the window on the mere idea that somebody might support it for other reason, and you've hated what they have done in that past. its like sure bat man will fight the joker all day long, but as soon as they have to survive on a hostile alien planet their gonna have to work together if they dont want their skulls vaporized by phaser beams
being infinitely opposed to someone is not a rational position. it means you have no control over your own beliefs, as they are just the polar reflection of the person you are opposed to. you are giving that person you are actively trying to resent, complete power over you. take some time to figure out some values of your own, without considering what anyone else (especially someone with as little influence over your life as ted cruz) thinks. if you do that, you will find that you probably share values with both sides of the fence, as anyone with any capacity for thought tends to find themselves somewhere in the middle of the spectrum. the extremes are reserved for fanatics that do not have any values of their own.
you have it wrong, ted cruz is not against crypto, he is against anti-crypto legislation. if you want to irrationally do the opposite of what he is doing, you need to click unsubscribe tot his sub, and never think about crypto again.
cool, but he is actually trying to do something.
at some point in life, you've developed enough as a person that you do not see people as uniform heroes to be worshiped or cartoon villains to be despised in all aspects.
man, i can’t stand the left in many cases, but i’ve on occasion agreed with the most far left politicians and gave them props. it ain’t healthy to dig your heels in all the time.
no, we want cryptocurrency to work in the first place. this bill seriously hampers that.
grab that popcorn and enjoy haha
exactly 😆 maybe he will run off to mexico ago when times gets hard.
hey have you heard of this new energy source called solar? i hear it is free and limitless. 👍 💪 💪
the texas power grid thisagrees.
bruh you should look at their infrastructure
as long as texas power sources are not more renewable-focused, it is horribly bad.
lol, their power grid has shit the bed twice in a year, and the power companies tried to bend over the consumer on cost.
i fail to see anything good about mining tbh.
people like you are the reason crypto has such huge issues: you have no clue. bitcoin is dead. mining it is a waste. bitcoin literally has no purpose now other than parting idiots from their money. it showed the tech, was the first big test of it, and thus also showed the flaws., resulting in improved versions of the tech. now its useless, and a waste of energy. it needs to die, as the only thing it does now is make crypto look bad for the envirorment,
not for the planet, it is like we've organized a race to see who can fuck up the planet faster.
you can’t even really trade crypto in washington. not exactly a crypto friendly place
yeah now if we can only convince the rest of the country that “their” party fucks them mercilessly every day. and ted probably does hold coin
politicians applying to other jobs be like: let’s let the company decide if i’m fit for the job, but in reality i’d be working for my friends who helped polish my resume and my relatives that donated gas money to go to my job interviews.
he probably sees crypto as a new source of unlimited, untraceable political contributions to reap.
a lot of china mining was from hydro in not so energy needy regions because it was cheap af
it would be nice if we had pigouvian pressure too
texas is fossil fuel central. it’s the core of the state’s economy. without it, texas is just another southern state.
finally, someone's making the real points!
that's because crypto is bigger than just one country. it's designed for all the people of the world. crypto will endure.
nothing can stop crypto from evolving.
it’s so nice to come to a place where we don’t have to care whether you are left or right. crypto fixes this too, i guess!
good luck trying to accomplish that when the us government is coming after you
both sides tried to ban groundbreaking cinema, rock & roll, videogames, and the internet. that's the thing about 70+ year old fucks in congress, they do not know shit about fuck so they just want to ban it all so they do not have to do their jobs. how very unamerican.
it sounds cultish but it is kinda true... they cannot grasp this, it is like nothing they have ever seen.
but it would be better and faster if it’s with and we all want that don’t want some rules to hinder its growth
and with or without the usa.
sound money with supply which is not controlled by the government is pretty right wing as far as i know.
>crypto does not care if you are right or left has anyone done a study to see if one side has more pro crypto views then the other? because the issue with politics right now is how devided we are left, and right. so i think it would be pretty interesting to know who is in support, and who is against. we can get some incredibly accurate information on this, and that will allow crypto people across the country to be more informed on who they should vote for.
what if someone’s political view is to ban crypto, and they win? let’s not thisregard politics out of crypto completely.
you just need to be greedy af
not if the politicians kill it.
i'm a die-hard liberal except when it comes to crypto. do not touch my ass coin.
thats why crypto is de-centralised
better get on the rocket before it leaves
cruz is getting advice on this, likely with regard to the small government libertarian types relocating to texas.
unless they tax the fuck out of it. sounds like the bill is a crypto killer. or at least a crypto paralyzer.
neither does covid, but that did not stop them.
it will liberate the world from the 18th century enslavement to binary politics, maybe.
these two videos are a really good intro to what bitcoin is and how it works on a mathematical an overall explanation of bitcoin and crypto in general: and another about just how hard hashes are to brute force, for scale, which is why the techniques used in bitcoin mining require so much time and energy if you're interested
holy fuck that one took a while for me. zodiac killer joke for those wondering.
don’t forget al gore invented the internet
ted cruz and his beard may not be the heroes that crypto wants, but it is the heroes that crypto needs.
thank you. i'm so tired of the polarization. if a politician does something good, support them. if they do something bad, criticize them. it should not matter what team they are on!
because in our political climate hating the other side is more important then compromising and working together. nothing can get accomplished when everyone acts like this is middle school. i don’t care who is in what party good ideas about crypto are still good ideas about crypto regardless of what person says them.
fuck ted cruz and always care about who he is cause he is not doing this for you.
i do not know why people are surprised at this. he's a "small government" senator.
too often people fall into the trap of judging what someone says based on who they are. and i get it from a psychological standpoint, but we're humans, we're supposed to be ration.
preach. this is what real progress and freedom looks like!
i agree with you, but when has 'not knowing anything about something' kept politicians from trying to legislate it?
it's not so mysterious. texas is in the mining business now. courting the crypto miners that china kicked out. it's local politics for him.
at least admitting ignorance is better than pretending you know what you're talking about
that's probably true for most of the senators
i thisagree. not a fan but he knows what's up. texas is in the mining business now. courting the crypto miners that china kicked out. it's local politics for him. by taking this position he wins no matter how it turns out.
i do not think he knows much now. but i'll still take the amendment. thanks ted.
ted cruz recently called for abolishing the irs btw.
the guy claims there is no evidence for climate change... he is right about crypto here, but that doesn’t stop him from talking nonsense about other topics he’s clueless about.
thou shall follow your statement
you fuckin suicide! you’re doing?!”
first time eh? don't worry. he does not do shit but grandstand for the tv.
same page….find it hard to route for him
i mean, ted cruz isnt really a conservative either. he's just an opportunist, a grandstander, and a dumbass. throws everyone off when he makes any sense.
because he does the wrong thing more often and on more important issues?
even if he started spouting pearls of wisdom on a daily basis, i cannot trust that he will do anything to help the american people after his role in the attempted coup. if he was just a patsy, then he will get played like a puppet by the next wannabe dictator that comes along. if he truly believes that his lack of evidence proves election fraud, then he is an idiot.
that's fair. it's my bad.
let the ocd go
i still find it mind boggling that texas wanted to invite a bunch of crypto miners to take up residence immediately after having a few major incidents proving that their power grid is not able to handle the existing draw on the system.
where should they go instead? california with even worse power supply? ignorant white liberal
libertarian the political party or libertarian the ideology?
no... he makes very little sense with context, too. regardless of conservative, hes just a really thislikeable person who doesnt seem to actually stand for anything. thats why this is so newsworthy, lol.
you only need 100% unanimous consent to add an amendment. only a majority to pass the bill once it is finally submitted
from kraken's otc daily: >notwithstanding several days of infighting within the u.s. senate, btc and the broader crypto market are moving higher on monday in what is a fifth day of gains over the past six. as remarkable as it has been to see crypto soar higher amid a last-ditch effort by u.s. politicians to classify a number of crypto market participants as "brokers" as part of a broader effort to identify future tax revenue sources for a , we have yet to see crypto come out the other side unscathed. the latest is simply that the u.s. senate was unsuccessful in adopting a bipartisan compromise on a crypto tax provision on monday. u.s. senators cynthia lummis (r-wyo.) and pat toomey (r-pa.) initially announced that a compromise was supported by democrats, republicans, and the treasury department before introducing an amendment earlier in the day. the amendment stated that the infrastructure bill would exempt crypto transaction validators and software developers from being classified as a "broker" and thus subject to irs tax reporting requirements. under the amendment, a broker would be defined as "any person who (for consideration) regularly effectuates transfers of digital assets on behalf of another person," and would exclude those who validate transactions (miners and stakers) without providing other services or entities that sell hardware or software that allow customers to control private keys. while all looked fine and good, u.s. sen. richard shelby (r-ala.) struck down the amendment by objecting to a request for unanimous consent, thus requiring no senator to object to the proposal for it to pass. shelby signaled he would only reserve his objection if senators included his unrelated amendment to boost military spending by . sen. bernie sanders (i-vt.) went on to strike down shelby's proposal, thus causing shelby to object to the overall compromise. in other words, a single senator derailed the latest crypto amendment that was to be included in the forthcoming .s. infrastructure bill. the u.s. senate is expected to conclude its debate on the infrastructure bill and vote on a final passage on tuesday.
with how destructive and nonsensical his actions were i actually agree with you. any experienced senator would know adding ...it feels like it was designed to be absurd enough to guarantee a no vote to the amendment and plausible enough to make people think what happened could have happened organically and not intentionally to overthrow the amendment attempts. crypto community wanted institutional attention and this is a pretty clear sign it is got it...just not the attention that it wanted.
only reason for sure
i'd send him a moon or two
did you want to wait for a politician to come along with pure intentions, and isn’t putting their interests first? might be waiting a while bud.
so what? it helps us.
if you knew anything of his values or beliefs, you'd know this is not true. but keep believing that bullshit being shoved down your throat by your tech overlords. ✌
que the salty regressive lefties having voters remorse. enjoying your pedophile in chief yet?
welcome to any country with a body that requires consensus to make laws lol
p2p trading will bypass this surely?
exchanges already do follow kyc and reporting requirements. that's why there is a us-based version of every major exchange. this infrastructure bill aims to push kyc and reporting requirements out to mining pools, staking pools, etc.
why would his wife have anything to do with it?
i honestly think it is more that he does not want to give advantage to other countries. and he has always been a republican that wants less taxes and regulation.
i really do not understand how anyone considers warren good. i am as far libright as it gets so maybe my perception is screwed but i cannot imagine liking her even if i was a fan of stalin. all i see from her (not only in crypto but in general) is contempt for the normal person. all her propositions are motivated with the logic that average joe is extremely stupid and cannot make decisions for himself so she must "protect" him with government tyranny. be it crypto, stock market, health, education this is always her motivation - "you are stupid, i am clever and know better how you should live". in addition in her case the real motivation which is helping her crony friends is more obvious than with any other politician. this lady does not have an ounce of integrity.
they saw four years of trump and realized just how low the bar for them actually is.
so elect fascists! yeah that tracks
or, conservatives just generally want government to fuck right off and get out of our private business. it’s totally in line with his righteous beliefs, beliefs about the role of government in our lives.
ironically the moon farming answer is the most correct.
i do not really follow this sub often anymore. are moons a new shitcoin crypto, like shiba?
and lummis owns 5 btc. she is literally invested in the technology.
he's definitely not a libertarian. he sometimes likes to pretend he is, but do not be fooled.
he’s a graduate of princeton and harvard law with honors at both, definitely not as crazy or stupid as he’s made out to be
he let trump call his wife a dog on twitter and he did not stand up for her. that's who he is, lol. i wouldn't mind this amendment passing though.
nice to see another reasonable person on here, i was expecting backlash from the reddithivemind for saying hes right on anything
crazy how that works.
yeah, i really don’t understand the ghouls here trying to turn this into a left vs right thing. it’s perfectly reasonably to agree with increased taxes but also be opposed to this regulation.
> what’s worse is that these clowns are only ever exposed to reddit he said while ranting on reddit.
no but other than that.
jesus thank god a sane person on this sub. holy shit fuck ted cruz idgaf what his position is on crypto.
i'm left leaning and i can say that normally i wouldn't side with him but this is something we can agree on no matter what bags he may hold. compromise is not a dirty word.
holy fucking shit you think libertarians are going to give you ubi, by-mail voting, and the ability to go to the doctor without financially destroying yourself? you're almost dumber than a republican
just shows many crypto folks only care about crypto and nothing else.
i mean he cares about limited govt apart from letting a woman decide what she does with her body, letting lgbtq folks marry, legalizing weed and decriminalizing all drugs, getting rid of the death penalty, etc. but sure...
keep buying more friend that’s what they don’t want you to do
hell yeah term limits. and hell yeah to investigating yellens 7mm
it was joke. lighten up, and go grab a sense of humor. and his lack of control over texas state policy still doesn’t take away from the fact that the optics of his little trip were terrible. and like it or not, optics matter in politics, which is why he got his ass on a plane and came right back to the states as soon as the media started covering it
oh lookie, the liberal reddit are down voting you.
i'm not so sure it is. would you rather have federal or state government coming after your coin? there are pros and cons of each.
so does everything else out there. 5g towers are worse
you gotta be down pretty bad in life to defend ted cruz lololol go get help lil guy
for sure, but we're not elected officials.
that’s just a lazy and completely false comment. the differences between the major parties — and the politicians that inhabit them — are massive and clear. the only fact you’ve revealed is that you never bothered to pay attention, but still think your opinion matters.
you just gonna pretend like the ipcc report did not just come out?
probably exactly why the grid fails constantly. delicious capitalism, never forward looking. always thinking one step behind.
lol dude i live in texas. cruz is as hack as they come. find a new hero or shill for someone worth your efforts. you can do better than ted fucking cruz.
lots of cruz praise happening in this thread. all i’m saying is if cruz is involved, it ain’t good.
we're not on a hostile alien planet and we're not superheroes. voting for the lesser of the two evils is not a compromise, it is a cop out. doing the wrong thing for the right reasons is still wrong.
my work finds me in frequent conversations with very conservative people. at least 70% of the time we agree. 95% we get along well enough to enjoy each other’s company.
imagine a fucking bitcoin mining operation's power bill if that same shit would happen again, where they were charging households like 10k for power.
omg whatever!! it’s like, we are already literally living through the collapse of the planet’s ecosystem can i at least own a volatile asset that might allow me to retire ffs? like when the government regulates private plane ownership and stops cruise ships from dumping all their waste directly into the ocean maybe i’ll care that we use electricity to make bitcoin. or did we all miss the world’s richest man spend ,000,000 blasting off into space for 11 minutes using more fuel than my measly bitcoin holdings could ever? literally every single thing about society at present is destroying the earth except for renewable granola girls and their mustachio’d renewable boyfriends drinking rainwater out of patio buckets or whatever else they do. let me liiiiiiveeee. edit: damn well thanks for the awards. also to everyone below just leaving nasty little “you hate the environment you capitalist” kind of comments — i don’t care. you are all throwing stones in a glass house — we are all going to die on this planet together while the rich blast off to their xenon space satellite colonies with their aryan race bullshit and their elitism. you and i will die here in the floods and the fires! you’re not any better than me because i just want to make some fucking money so i don’t have to die with nothing on a planet that’s literally crying out because we can’t stop destroying it gleefully for our selfish little instagram posts and fast fashion habits. you all probably use your deodorant every morning in single use plastics, then brush your teeth with plastic brushes and use single use plastic tooth paste. you wake up in probably decently climate controlled homes or apartments (and if not i’m sorry i didn’t grow up with air conditioning or have it until this year either). you take a vacation here and there by getting on a plane to make yourself happy. selfish much? how dare you!!! do you even eat meat? burgers!! wow!! hypocrites!!! how much of your styrofoam is in the ocean? do you track where your plastic straws go? do you check your products to make sure they’re not from nestle? do you buy palm oil products like head and shoulders? have you stopped bathing because your “body can clean itself?” did you know monsanto seeds and pesticides are literally killing the earth, cause massive rises in birth defects, destroy genetic diversity in farming, and the company seeks to punish hard-working farmers who resist using their products? their pesticides give us cancer!! every creature on earth is polluted with c-8 because of teflon non-stick? do you have non-stick pans in your house, you dirty capitalists? multiple studies show it’s like the fortune 500 companies and the oil and gas sector that both continuously pollute and destroy our planet!! it literally is the rich! not you and your little child that’s now a luxury to have. surprise, surprise the men who got rich off of polluting the earth don’t like when you ask them to stop!! they lobby against renewable legislation, against nuclear power — one of the cleanest sources of non-renewable energy with which we could power the human species for 1,000 years without mining for a single resource!! yes — turn your attention to the man literally using the equivalent of your entire life of vacations and commutes to experience being the richest man off of earth and ~ooo cool look rich man is weightless.~
miners will turn off when demand is high and electricity prices increase.
decentralize the power grid.
prime solar panel real estate, cheap property, and no income tax. power grid not necessarily a concern until it is.
that's why bitcoin miners may be the best thing to happen to it. lots of cash and lots of interest in fixing it.
if texas embraced renewables they could have crypto mines en masse without any concern. but no, the oil companies have a stranglehold on the state's politics.
keep those pcs working!
the thing about miners is that you can turn them off and on really easily. normally you cannot change power demand that easily for the grid.
they'll just blame immigrants for stealing power
so i guess we should say screw it and let the bill fuck with crypto currency and just see what happens
the texas sun and wind has a plan of its own! renewable will be their biggest contributor
solar panels, starlink internet, the future is now. texas won’t be rural for much longer. and elon will solve the energy issues
ercot here in texas is actually paying the miners not to mine when there’s a high demand for electricity.
nah, the bitcoin miners will probably not be attached to the grid - they will mine waste flared gas probably. [ you can also use the co2 from the flared gas to enrich the co2 in a greenhouse, so that plants grow faster. but i do not want to be too pie in the sky, since i've never seen them do that, but they could. co2 is just a waste gas if you do not use it. but if they were grid-attached, they would just use the power when no one else needs it so it can help fund renewables like solar, which have peak times of day when they have tons of excess power. this is called 'the duck curve' [ \- and we need a way to address it, bitcoin can help.
actually, the miners are working with the power grid authority… by using more energy, the power grid can scale up to handle bigger peaks in demand. there is an agreement to cut back on mining when power demand is high. so as we say, “bitcoin solves everything”.
innovation baby, a mining in texas will mean private interest in fixing the govt's problem
probably the owners of the power plants that are getting into bitcoin.
this made me lol
except they are not using the power grid primarily. they're using byproducts of fossil fuel production and green energy.
this is why we should adopt eth
hm, i wonder what a bunch of paying customers might do to supply, given that it oversaturates demand...
maybe that should be addressed with the “infrastructure” bill
laughing hard hard in that one
the idea is to go solar.
the media wants you to believe that. but if the us ever got electrical grid hacked texas would be more independent
i guess you don’t live in texas and aren’t getting bombarded with install solar panel ads 24
all power grids can lick my balls until they go nuclear
like its good, but its cruz, its also texas power grid. like its the wrong person in the wrong state trying to actually do good… but its still cruz…
the power plants that are going to be used to mine crypto will still put power into the grid when it’s needed, otherwise it’ll be used for mining. e.g., based on market conditions the power per mw is usually around like -30 whereas using it for crypto can be around -300 per mw. however, when there’s an actual need, the grid price per mw goes up to + easily. in which cases the power plants will simply redirect power to the grid. so what’s the problem?
yeah, vistraenergy just signed a deal with some huge bitcoin mining operations in texas. there was an agreement that at times of stress on the grid they could turn off the miners power or scale it down. we’ll see how this all plays out. honestly it looks like the texas energy grid is screwed though. politicians messing it up.
hopefully they are working to fix this and amp up wind power.
thats why its an infrastructure bill; they can upgrade.
another misinformed who actually thinks bitcoin uses enough electricity to actually be a concern?
it doesnt though - already many have relocated there and it is a "hot spot" for getting cheap energy
this could actually be good for the grid. a large commercial consumer base can demand the kind of infrastructure improvements that the general retail consumers cannot.
*slams table* you! - michael scott
cruz just trying to get more vacation time. smh
don't worry. the bitcoin mine will be fine and always have power through any thisaster. with trickle down electricity, that power reliability well come to you too!
i mean, as it exists right now, sure. but it is almost like everybody *knows* they had huge problems this past winter, and something needs to be done about it. and if you *really* do not want to deal with federal regulations to tie into another state's grid, then you'll need to over-build your own abilities to absorb shocks that other states can reach out for help with. crypto mining uses lots of power, and nobody freezes or backes to death if you have to cut their power for a day or week during an emergency. the investor is losing out on some money, sure, but it is not going to kill them unless they borrowed from the mafia to get their farm up and running. and texas is huuuuuge. there's plenty of space for big-ass buildings and huge solar arrays-generating sites to power the rigs and send power to nearby towns.
the texas power grid needs some serious infrastructure upgrades considering how easily it totally crumbled last year
just wait untill all the electric cars are plugged in . it will be worse
it's kind of good thing in terms of power grid consistancy - the increased capacity needed for crypto means they will build more capacity, and in bad weather, they can redirect the power going to crypto to the rest of the grid. plus, let us be honest. using bitcoin miners to heat a house. why not? (i've been doing this to heat my garage during winter)
gvtc gonna collapse trying to run that stuff lol.
i assume the infrastructure bill would fix that
no, it does not. nuclear power is a winner
the worlds carbon emissions also thisagree. why waste all that power on bitcoin when there’s so many alternatives like ether, vet, ada, you name it, anything but bitcoin.
it's like we do not remember current events beyond a 2 month time-frame.
you do realize most states would suffer the same fate if they had gone through a freak climate event like the one texas experienced? the great ol' california has flex alerts every year because the power grid cannot sustain peak summer electricity consumption. stop getting your news from r.
i cannot figure out how a country like the usa cannot manage a fucking power grid. the only time anyone in my family has been without power for more than an hour has been my dads place this year because the transmission poles going through a massive forest fire were damaged.
now imagine how the industry could be the reason that power grid receives much needed upgrades
yeah they fucked up the power grid for decades. it's nothing new or unique to crypto.
> might allow me to retire ffs? > >like when the government regulates private plane texas must really be "for oil" how can a state that gets so much dam sun not partake in solar generated power? politicians are pieces of shit, and i'm certain we all agree on this single sentence.
we all know how much cruz cares about the texas power grid.
our power grid did just fine. ercot council dose not live in texas. they said no to backup power being turned on due to eco limitations and they said no to the gas companies skipping their scheduled line reduction event and backup power cycle. so yes, outside players helped cripple the texas power grid. you need to wakeup. we had ppl die here on the coastlines because of a political game during an extreme weather event. get tired of all the hate.
bitcoin miners are very good for the texas power grid, which is quite sound absent freak blizzards. in a pinch, miners are willing to contractually agree to shut down if they are compensated. if electricity demand is super high, it covers the cost. it's like an airline with frequent flyers who will volunteer to be bumped off full flights. it's exactly the kind of customer you want, which is why texas courts them aggressively.
the miners go to where the electricity is cheap. must be texas is doing something right as far as price. lower prices and lower reliability i guess
actually from my understanding it might be a good thing. so there is a plan to construct new wind and solar power plants to power the mining. these plants will provide energy to the grid during spikes, turning off the miners.
oddly, bitcoin mining would be perfect for the texas power grid. texas, for whatever reason, allows for people to sign up for *extremely market* pricing. many did sign up, because these electric companies just charged a tiny premium, and usually saved people money- but of course, whenever energy went up in price a lot, it screwed a bunch of people. so pretend that you had a bunch of cryptocurrency miners in texas. when energy is cheap, they buy it, and when it is expensive, they stop buying it. this incentivizes the creation of more energy, because when energy is cheap it suddenly has more customers- shrinking the gap between peak demand and trough demand by greatly raising the trough and leaving the peak alone. ultimately if you do not like the idea of spending energy on cryptocurrencies you would not like this, but if it was in place there is no way that what happened to texas would have happened to texas- the bitcoin rigs would have been shut down, but there would have been much more total power available so it would have never gotten as bad.
yeah, they’re already in trouble. this would be a death blow.
texas power grid is fine... plop a record ice storm over any state that doesnt do well in cold weather and watch the death count skyrocket. he even in seattle a random sneeze can down a neighborhood for days... could not imagine a statewide one
texas grid is fine. it’s the environmental caps on production that hurt the state during the freeze
the gas generators froze.
people who do not give a fuck about climate change. our energy sector is nowhere near ready for the demand of mining. we are hitting the accelorator as we head towards the cliff with mining on non-renewable electric grids.
who needs untraceable? just sign up for a … unfeking believable
yeah, coal energy is .10-0.25, hydro is .01-0.05. you'd be an idiot to mine on coal, and miners are not idiots.
crypto is here to stay regardless of what these bozos think
unless crypto gets straight up outlawed. most people here would be pretty screwed with kyc allowing the government to know the identity of most crypto holders if. that’s why we can’t just stay quiet and allow incremental steps to minimize and impede the advancement of crypto.
don't go on privacy coin subs!
yes, unless it is used to buy drugs, fund unions, fund blm, fund a socialist country being economic warfared by the us, fund green energy, fund investigative reporting into big corporate slaughterhouse practices, or really anything that might inconvenience large corporate interests, etc. small government except for things that upset shareholders and evangelicals!
that would be a fascinating study. my guess is that libertarians and ancaps are over represented in crypto ownership (although i know less it may even be attractive to leftist anarchist ideologies). so the difference wouldn’t be left or right but rather mainstream vs. radical. just my prediction, i have zero data.
if they win... stop voting and go 100% blockchain. politics should be thisregarded out of... pretty much everything. eat my nuts karma police.
like china and india? banning does not do anything. all its done is set them back. crypto has endure much worse in 12 years. nothing short of shutting down the internet globally is killing crypto
12 years enduring much worst says otherwise.
why would it. banning it,taxing it, declaring it a bubble, dead, ponzi, pyramid, scam scheme hasnt killed it in 12 years. us political opinions is just another monday. it'll progress.
doubt it. china, india completely banned crypto. the largest populations in the world. its still hear progressing.
us politics will not stop crypto.
73.6% of statistics are made up -george washington
i would not forget that.
left or right is bs. we are all fighting against financial greed and corruption. the tribalism is a waste of time
the fud knight rises.
the heroes we need are not always the heroes we want.
i wish i could like this more
eh the reasons behind why they are doing it are still relevant: >
it's very difficult for people to take the view that despite the patties people align to, that what matters are the individual viewpoints of those people and the viewpoints they demonstrate support of when legislating. personally, i'm not a fan of a lot of em politicians. but, if one says something good, it is important to provide positive feedback specifically for that stance so politicians realize what the people they represent support policy wise.
agreed. i'm happy cruz did not take the ignorance is bliss route like the other senators.
it’s insanely depressing thinking about how many world altering decisions so many of these politicians actually make without knowing a damn thing about in general.
unfortunately after the bill they still do not know much.
english! do you speak it?
honestly the one’s that grandstand for publicity are better for america’s future. they care enough to bolster their opinion publicly. whether you agree or not, they’re putting their jobs at stake by fighting for what they and their backers believe in. that’s how changes happen. 3’s of them just sit back, vote their party, fuck off, and only put in minimal work when necessary. then collect a check from the government. ironic.
he is extremely pro-2a. it’s nice watching him put feinstein back in her place when she tried to bring up gun control.
i can’t. i’m sorry.
more income > stable internet grid
it's a bit better thought out than that... texas has huge access to small point sources of flared gas from extraction. normally simply burnt into the atmosphere, not cost-effective to turn into electricity unless you can use it right there. shipping containers of miners powered by a mini turbine can actually use these energy sources and it is effectively free energy vs the status quo.
you know there’s more than two states?
thanks, someone already pointed that out. i've missed that part and english is not my first language and i got a bit confused. thanks anyway.
i wouldnt doubt if that was the whole reason why cruz said anything about removing it from the bill. he was probably well aware that nothing was going to happen, but since he was one of the most hated politicians not too long ago he gained some favor. it's not one single person destroying our industry guys, we set out to revolutionize the financial industry. we arent fighting shelby, or yellen, we are fighting **the most powerful institution ever made**. we have to fight harder than this if we are going to get any where
probably a bag of moons
common sense is like deodorant. the people who need it most never use it.
he’s still a piece of shit of a human being who can’t be trusted at all
an anti-tech pro conservative values on a cryptocurrency subreddit.
he doesn’t have any values except fuck you i’ve got mine. like every other republican on earth
definitely don’t trust fled cruz, lot of enthusiasts here downvoting because they don’t want rain on the parade
ok guy, cause you know
what? i'm not a biden fan, but to say he is a pedophile and ignore trump walking into the 15 year olds dressing rooms and bragging about it? not to mention him saying that epstein was a terrific guy that likes younger girls. sure, biden sniffs some hair, but come on.
wasn’t trump buddies with epstein?
i'm unsure they even know why they thisliked cruz before, it is just socialized that cruz = bad.
pretty sure it dropped like a month ago, nothing interesting in it
for most retail investors in the us, this does not really do anything as you already have to go through kyc. now, for mining pools, miners, stakers, etc, this bill makes those transactions readily accessible to the govt.
the problem is the vagueness of the bill. it puts responsibility on software developers and stake pool operators to keep contact information for their counterparties. they do not have that information today and could therefore be targeted with criminal action for continuing to develop and run crypto infrastructure.
incorrect, cruz is open about his support for government regulating private social media companies (e.g., twitter, facebook) which he deems too liberal. he has been yapping incessantly about this since 2016. he’s not anti-regulation, he’s just pro-cruz.
>he has always been a republican that wants less taxes and regulation. like when he voted to invade iraq? what's the price tag on that one? like when he *gave* corporations .5 trillion dollars in long term tax breaks in the wasteful trump tax bill? you fucking morons.
nothing says getting out of private business like forcing religious bullshit into law and regulating people’s private lives and medical choices.
yea, yesterday nearly every post in this sub that came on my feed was talking about moons. kinda annoying.
that's the definition of an ethical issue, and in any other investment would be cause for an investigation.
and biden let the vp he chose call him a racist. it's almost like they do not take the primary race chatter seriously. you say this like when kamala was asked if she actually thought biden was a racist she just laughed like a maniac and kept repeating that it was a debate. so yeah. if cruz is bad to his wife for not letting that chatter get to him, then i think we would also have to admit biden is a racist.
lololol and all time classic for sure
[posting voting records has been getting downvotes. not sure why.]( i find is pretty shameful how many downvotes the posting of voting records gets in a post about politics. says a lot about the people downvoting and what they really think about the democratic process and a more informed electorate.
i'd just like to see it go towards liberty for once.
yep. independents just trying to keep the balance somewhere around the middle.
then a salute to you also
must have missed the joke. must be hidden behind all your ted cruz hate.
how could striking the crypto rules from the infrastructure bill be a bad thing? they should have never been included in the bill to begin with. did you listen to [his speech](
it's a joke, bro 😐
which senator do you support that is defending crypto? or you playing the tribal party game?
you are the only one that needs help around here.
yeah i know. honestly, left and right…it’s just sickening how bad it has gotten for our govt. and most in the world. i don’t trust 90 percent of them. sad. however, sometimes our interests align.
blablabla. thank god we have you. our knight in shining armor leading the way to the absolute truth. thought crypto was here to set us free from the divide and conquer but here we are.
👏 how mildy underwhelming. try harder.
move to venezuela then with your forward thinking.
the bill aint good so if he wants to shoot it down thats pretty groovy. not everythings dichotomy the world isnt black and white or left and right
like if you want a politicians who represents "the people" or a certain subset of them, than the one youd want would be a meat puppet dancing at behest of the masses
i think you misread, im saying it doesnt really matter who gets the thing done when a things gotta get done. i mean personally i dont bother voting not just because i consider it a waste of time but my personal code of morality conflicts with contributing to that system, luckily for everyone who likes it though my own personal code of morality does not matter
that’s honestly most people in real life. the internet has a way of bringing the worst in people out
just turn them off. i imagine it is possible to get real time price data though and if it is not i bet it will be eventually if miners set up shop there.
you'll be able to pay in griddycoin. {coin ipo soon}
it's called contracting a price. if they can string together a mining operation i'm sure they are smart enough to setup a contract for electricity.
they were choosing variable rates for power. a minning operation is not going to take that risk and will get a fixed rate.
most people here have fixed rates, and i imagine anyone running a mining operation here would choose to have the same.
if i had the money to set up a bitcoin mining operation, i would probably buy a ton of solar pannels in texas. unless they want to charge you for the free electricity your getting. not so helpfull if the weather goes all the day after tomorrow.
costs just 1, chump change
it was just the people who had signed up for a market rate power bill. so rather than a fixed rate until the provider changed the price according to market fluctuations over long term, the consumer could save money by paying the instant market rate of the power they consumed. this is not a failure of texas, but rather consumers either getting duped or failing to read the fine print (kinda of like variable rate mortgage).
they’d be able to pay it…
the people that were charged the crazy rates had a plan that adjusts to market price. i do not.thinkmany bitcoin miners are dumb enough to sign up for that plan.
the people who were charged that much signed up for that plan, though. i do not think the people mining would be so short sighted.
if i'm building a bitcoin farm in texas i'm probably getting a shitload of solar panels. they will pay for themselves very quickly and avoid peak power pricing.
they're putting them on gas flaring wells in shipping containers. instead of just flaring the gas they pump it to a small generator and use it behind the meter.
it was the consumers fault, they knew it would happen and agreed to it. even got a warning from the company to stop using electricity.
that . due to deregulation we have power generators, suppliers, and billers. around here we big dick about the low rate we are getting from our different billers. the people with griddy (the brand that priced at “wholesale” rates wouldn’t shit up about their great rates, until they wernt great anymore. wholesale rates are great when wholesale rates are cheap. but when prices go up all of a sudden people don’t wanna play anymore. the people that got ’t poor they were middle class assholes who thought they beat the system.
bitcoin mining makes power grids more resilient
ha, maybe thats the crypto tex we've all been hearing about
its rare but benficial for power outtages to occur. the power company will pay like 10x the usual price when they really need it.
they will likely be setup to run directly from an oil well or other natural resource
do you actually think a mining operation is going to sign up for variable rate power?
i remember watching an interview with a mining rig in texas. they have systems in place that automatically shits down all equipment once the power grid usage is above a certain level.
a bitcoin mining operation will have much more professional management of their power supply than some random homeowner. they will automatically shut down operations when power cost exceeds their bitcoin production. so long as the power is cheap enough on average over time texas is still going to be lucrative for mining.
they'd just charge citizens 100k instead to keep the mining rigs prioritized on the grid over people's homes. and so the mined coins go straight into teds "campaign fund"
people getting 10k charges were rare. they were the idiots who accepted variable rates. instead of the standard set rates.
nah the mines would be prioritized and subsithised. the households can stretch to 20k right?
perhaps why they want cypto miners.
where in gods green earth did you get that number from other than your ass?
these mining operations in texas have thispatch software that follow lmps. this would not be a risk. can confirm have talked to mining companies regarding ordc adder (9k energy price) plus they are decreasing the scarcity cap.
the outrageous spikes like that one were due to a specific poorly-regulated plan that was rare and they even warned people that they should switch before the spikes occurred.
the texas power grid favours big users over small. a big user will be able to negotiate their prices with a contract. and when a small city goes dark, they will still be mining.
yeah. nobody in their right mind should be setting up a power hungry operation in texas!! 😂 you’ll lose all your profits in one power failure and then owe the state millions. and ironically that could mean power drops off for bitcoin and the network gets opened up to 50% attacks during the outage 😂 bye bye bitcoin. or ie, just don’t mine in texas
it is so weird observing the tragedy of the commons in real time
society is truly falling apart. for over a century now they’ve gone from politics being people in positions to help their community and country to a greed fuelled cluster fuck of closed-door deals with major corporations. “you make this law, we’ll give you all the money you’ll ever need.” hell, some might even be bribery, really. wouldn’t it be nice if money was removed from politics and politicians made a slightly above average wage with no closed-door deals or extra money. then we’d really see who wants to actually help their community and country. this current system is an absolute joke and needs a complete reform. and while we’re at it, the school system needs a complete fucking reform, too. same shit for over a century, just like politics. imagine them saying “we are going to regulate defi,” “ummm, hey fuckhead, do you even know what decentralized means?!” most of them are idiotic dinosaurs who barely understand a thing about tech other than email, google, youtube and facebook. fucking clowns 🤡
this is what my internal dialogue sounds like lol. it's infuriating :(
i just want to say that there is a lot of regulation on private plane ownership and the faa is finally starting to modernize. also, ev is coming to aviation at the same speed as vehicles. the industry is ready and willing, probably much more so than the regular man.
"renewable granola girls and their mustachio’d renewable boyfriends drinking rainwater out of patio buckets or whatever else they do." 😂😂😂
10 years ago people didn’t want to do anything about climate change as they wanted the evidence to hit them in the face, now that the evidence has hit them in the face they are saying it’s too late to do anything. some human dna definitely deserves to die out. 😂
jc this guy fucks. someone give him a moass, ffs.
right on let us make money!!
lol people can’t handle the truth. it’s a mix of wishful thinking and denial. i wish we could convert our ways to actual renewable and more planet friendly ways but reality is, it prob won’t till later.
good damn preach! i try to keep waste down but some things just fall under amenities that aren’t a must. i drive a v8 truck, because i work a second job that needs is… i got so used to driving without ac in my car(i own 4 vehicles) after getting in an accident destroying the core that i never use it in the truck. sure i like to go vroom vroom but i also live a lot of my like brown, not the “live green!” bs that feeds you new packaged items generating more waste! i keep the central air in my apartment(because i can’t afford a god damn house thanks to the 1% and out of touch eldering generation) as hot as i dare until it’s too uncomfortable before pushing that button down enough to sleep. side track rant aside… crypto sure does eat energy but we don’t need production plants to produce it. renewable energy sources are getting there and frankly it’s sunny where it’s hot anyways(yes i know conversion rates drop past target temp ranges). we push forward and work on reducing expenditures as best we can in all aspects of life and allow some comfort to make any of the shit in the world that much more bearable(i’m not so emo as not to love the beauty we have in the world, just hate the negative). let crypto stay as unchained as it can be and the devs will make the efficiency stuff sort it’s self out. now im yelling because im not eveb sure where i was necessarily heading with this! :p
fuckn aye' kidd👊🏼👊🏼luv this. luvvvv thissss.
how do you really feel? :)
miners want cheap and fast--it has not worked out well for most communities. it's going to be a thisaster in texas...i wouldn't be surprised to see some idiot legislators give these miners tax breaks on land or power for the promise of jobs that do not exist. the long-term solution is to move to proof-of-stake...no one will mine crypto in an eth 2.0 world.
not if the price of electricity is still lower than what they would make from mining
more likely they would drive up the overall bill for all residents by pricing in the mining to the cost and the infrastructure the utility needs to maintain peek demand would be incorporated into the monthly bill. also texas has a terrible variable rate, so i'm seeing someone who got in cheap cannot afford their ac because the cost is so high from miners using the kw with their fixed rate.
this is a strange and weird hopefulness, there is no way this will fix the texan grid. it will only make things worse. it only fixes it if texas will vote to improve their infrastructure, and that is a very socialist thing to do. they will make more money, and not spend it on the grid.
you clearly dont understand how texas government works, it the precarious nature of the texas electrical grid.
i'm saying they designed it for 99 percent of hot and cold days. they should have had more capacity, but they chose slightly cheaper bills. the power grid needs to have some buffer built in, for more and more frequent '100 year events.' texas should know energy. no excuse.
im amazed they didnt just force their prison population to generate electricity manually or some shit lol. seems like a very texas thing to do.
if the current alarmists are as accurate as al gore i would not panic until the ultra rich stop buying their ocean front mansions.
btc has died 426 times. let them try to kill it again. they'll learn what happens.
crypto is here to stay regardless of what these bezos think.
i concur, down with bezos!!
i'm sorry but are we all just gonna pretend that ted cruz is not the zodiac killer??
wow i found an actual intelligent comment after sifting thru all the panderous circlejerking
the idea that large corporate interests are somehow right wing is demonstrably wrong. richest people in the us openly support left-wing politics personally and through their corporations. blm is extremely notable example. obviously there are shills among right wing politicians, hell 95% of them are corporate shills and push regulations favoring certain corporations but this is never the principled right wing position while regulation is in fact the principled left wing position as is printing money.
>although i know less it may even be attractive to leftist anarchist ideologies). leftist anarchist ideology is communism, karl mark was a anarchist, and so i really doubt communist are into crypto. i'm a right wing libertarian, and i spend my time arguing why anarchy in all forms is bad. because there is a lot of ancaps on the right, and the communist are just as anoyying. >mainstream vs. radical. well libertarians are not radical, the ancaps are, and there only a tiny part of the spectrum. that's like saying all left wing libertarians or communists. it's just not true. libertarianism by definition is about maximizing freedom for the individual, and ancaps. > just my prediction, i have zero data. you are probably right, the libertarian political pages seem to be the only i have seen talking about it, and i follow a few groups all over the spectrum.
not every country has those kind of liberties. politics can and does affect crypto let’s not act like it doesn’t.
yeah that’s what i mean. politics somehow affects crypto. fud or some kind of gov intervention can totally bring a coin to its knees for it to never recover.
there are ways around a ban. this is tax. much different.
pretty sure washington stole that quote from lex luthor in the 70's
finally, someone making sense. we should stop this petty tribalism and unite against them
right versus left is no more than those who think they are our rulers keeping us busy fighting amongst ourselves so we do not realize we should be fighting against *them*.
i wish more people would understand this. i don’t care if you’re left or right i care about crypto and anyone in the government that does i’m on their side regardless of democrat or republican.
> the tribalism is a waste of time he says, while defending ted cruz, the only man in the senate you could 100% correctly predict is going to somehow tribalise and try and make crypto a "rightwing" (read: profit for corporations and nobody else) thing. inb4 you say "no he wouldnt" literally look at who ted cruz is, what he says, what he does, and what he votes for - go ahead, i'll wait
>we are all fighting against financial greed and corruption cruz is fighting corruption? holy fuck this sub is delusional.
ah yes, ted cruz, definitely not corrupted or greedy.
>left or right is bs anyone even remotely paying attention to the bullshit our last president and his party were getting up to knows that this is objectively untrue.
the old saying goes "choosing the lesser of two evils is still choosing evil"
to the bat mobile! sry. that one was too easy to pass up
i guess it even applies to real life sometimes as well
>crypto is here to stay
ted cruz is a worthless piece of shit that would sell out his mother if he thought it gave him a chance at being president. he cares about nothing else except his own personal power, and will throw you and your mining rig under the bus the first time it is to his advantage. he is not doing the right thing, he is hopping on bandwagon that he hopes will lead him to the white house. he does not care about crypto other than a means to raise his profile.
at least it is a start. this may encourage some of them to do their own research.
ask the people who cruz tries to represent what his bolstered opinion against big tech did for them. you would not be able to ask them here though lmao. agree with what happened or not, everything cruz has argued against in the past years was wildly successful. it's purely a matter of effectiveness, which he is not.
sorry, small town school education, also american education…i didn’t have a chance
no you've all it wrong. it's a bag, that he wears on his head when he kills. it's so obvious it is the zodiac killer
you do not need to trust him to be happy he is doing this one thing, or even like him.
only way to be my man. use technology, do not get used by it.
the salt is strong with this one
your first mistake was assuming you should trust any politician.
i know enough to know that statement was false. and so does anyone watching anything but cnn
the guy walked into dressing rooms of miss usa contestants back when he owned the pageants, while they were still getting dressed. he and his team denied it when called out on it. then when audio from his 2005 howard stern appearance came up, where trump blatantly bragged about doing it, he changes it to: "that's not what i went in there for". miss teen usa (1997) contestants came out sometime after that stating he would walk into the changing room on them also. now, i'd give the benefit of the doubt here, but: > trump: praises epstein, parties with him at his mar-a-lago, says that he is a terrific guy and fun to be with + likes beautiful women on the younger side > also trump: later says that he only knew "of" epstein, had not spoken to him in 15 years, and repeatedly said that he was not a fan of his 3 times in 10 seconds. if it walks like a duck, and quacks like a duck... either way, i thislike both our past president and current president, and wish crypto was not a "political" thing in any shape or form. something like this should always be bipartisan in the form or both democratic and republican senators agreeing in favor of crypto, or bipartisan in the form of both of them being against it so we can have justification to riot.
there aren’t any photos of biden with epstein but there are plenty of photos of trump and epstein together. and these lunatics think they have the moral authority over anyone
duh, we hate him because his dad helped kill jfk.
shhh. this time we can be big pharma and big plastic
kamala also said that she believed tara reade, when she said joe biden sexually assaulted her…
>and biden let the vp he chose call him a racist. \*rapist.
i can’t believe i’ve found someone who simps for ted cruz, but i guess they do actually exist
ha got me! thought you were one of those cry babies that seem to be coming out of the wood work everyday. whew close one
they may be expecting this now in texas, but literally nobody in the state was worried about getting fucked so hard by their power bill until all of a sudden they did.
idk about the us, but in australia, major industrial plants has agreements with the power providers that if supply is approaching max capacity, industry will turn off some high consumption stuff in exchange for the power providers compensating them. eg some metal refineries will cut over from electric primary heating to natural gas heating, chemical plants will throttle back production, and cold storage facilities will use it as an opportunity to test their backup generators. of course, you would need your prospective crypto mine to consume power in the 100s of megawatts range to even be considered as a load-balancing asset on a national or even regional power grid.
it is and people need to learn how mining actually works before they freak out about it.
they have a fixed rate power plan to mine. when the power is below that rate, they mine. when it is above that rate, they stop mining and sell their power on the system. then they make money that way. win win and they do not contribute to power usage during the high peaks.
>i imagine it is possible to get real time price data though you should look into chainlink
most mining setups are adjustable, this is the correct answer.
i wish i could find the article but what you suggest is exactly what they are starting to do in some places. they are using some miners as load shedding devices controlled by the power company. one of the biggest issues with power generation is the variability of loads. having a load that the power company can control allows them to generate power using the more efficient methods and the throttle the miners when loads increase.
but the miners will keep you warm.
so, some people did pay thousands then. saw several articles about it: this article states that thousands were likely affected. from this article, does not seem like people knowingly opted in to just pay that much: "the puct changed the rules on monday" when it directed texas' grid provider to allow astronomically high power prices, griddy said, adding that it was "seeking relief" from ercot for affected customers.
this is not true. market price plans like that are advertised on tv all the time in texas. it's often quite deceptive too, highlighting the low average price paid rather than reflecting the true volatility of buying wholesale. when i went to renew my fixed rate plan a few months ago my energy company simply did not offer it anymore - variable rate only. i switched immediately of course but most texans do not watch their energy bills so closely and just stay on reliant for some reason (basically the most expensive option for normal usage). we had 72 hours without *any* power. no rolling blackouts like some more fortunate areas. the water took 5 days to fix. it was below 40°f *inside*. in the previous 5 years i lived in boston yet never experienced anything like it there. our grid is not up for it, and we still occassionally get warnings during peak ac usage to reduce power (smart thermostats raise the temperature automatically to shed load). our grid is 100% not up for any additional power draw and most of it needs a complete rebuild. it was done cheaply without foresight for the growth in texas cities and it shows. shorter blackouts of a minute or two are no real problem but we do get them every month or so even before the storm. even kansas has a more reliable grid.
i thought big businesses like miners were supposed to buy wholesale? who's it for?
seems like the real dumbass move was trying to save a few bucks every month instead of insuring they can operate through 100 per cent of outages.
posted plenty of links below dumbass.
well, could not hurt to have more tech savvy people in texas.
well it certainly was not amazingly regulated.
you're a fucking nutjob, go outside
tell that to the people in debt. i've never given a shit really about this, because i'd never in a million fucking years want to live in texas, but conveniently i have an uncle who owns their own power company. i'll ask him about this as he would have dealings with texas. it was on fox news so it must be true.
it was literally a thing, and it was all over reddit for weeks. griddy, one of the energy companies, offered 'bulk pricing' at whatever rates they purchased from the grid. the grid fucked griddy over, who passed along those rates to their clients, and multiple homes received bills in the multiple-thousands. i believe griddy also folded shortly after, and the majority of folks did not have to pay at all. plenty did, however. not that you give a shit, but i'm in texas, and i know several (idiots) that used griddy, and received astronomical bills during the storm week.
>for over a century now they’ve gone from politics being people in positions to help their community and country do you truly believe this? except for brief and rare instances, i do not believe this to ever been true. the trick has always been aligning the interests of those placed into power with the wider polity. the people often get thistracted and often quibble what's good for everybody. those in power never lose sight of what's good for them. human nature has not changed in 200,000 years.
it’s true i’ve seen a few young political go getters with good heads never get further than low level state positions because they aren’t in it for the fiat.
i upvoted your post simply because you used the word "clusterfuck" cheers
good to know! thank you!
ive never felt so attacked yet related so much to renewable granola person.
yo i shave but i gotta say rainwater tastes amazing! :d
it’s infuriating but predictable. 15 years ago, thomas friedman called out that the playbook oil and gas lobbyists were taking: 1) climate change isn’t real 2) okay, climate change is real but it isn’t man made 3) okay, it’s real and man made but it’s too late now to change it so we may as well go with the flow thankfully, while points 1 and 2 seemed to have landed for years, people are rejecting the oil and gas lobby’s third step so far. we can and need to change this.
someone missed all the points...
i'm not sure how it works but do not you still need electricity to run computers to do proof of stake?
when texas froze over there is no way though that would be the case. half of the energy generating capacity was shut down to prevent a total blackout.
and banned many more times than that
honey ? time you your monthly takeout of chinese fud
idk, bezos ensuring amazon adopts crypto payment could actually be a boon for us
it’s not even the kyc requirement, it’s the onerous vagueness of the language that makes everything and it’s mother subject to nebulous regulatory requirements.
that's just an american thing. i'm for new zealand and paying taxes is automatic. your employer just pays it when you get paid. they do not need to have acess to your wallet to figure that out though.
long term i see it like you short term it will be abused.
it's none of anyone's business where and how i spend my money. nice try, though, fed.
what you're misunderstanding is their level of awareness of issues like this. they wanted to do the same with cash transactions, europeans especially nordic nations have drunk the punch, they are going cashless, but then again they trust their governments a lot, the narrative that big bills are only used for drug deals and money laundering and crime rofl... meanwhile the us is trying to do the same, trying to say anything they can about cash being bad, how you should not need it, meanwhile they have been known to just drop off bags of cash with warlords and assassins and whoever the fuck else they want to do deals with. no matter what the future holds for whatever medium of exchange we have, you can rest assured that the people directly responsible for fucking shit up for the rest of us would not be held to the same level of transparency requirements that you and i will be. same reason something like rooting out corrupt. never happened, of course they already knew about all their skeletons, that is why they made sure they were politicians in the first place! because those politicians know who their real masters are.
just fyi, i’m pretty minarchist and agree with you about leftist “anarchism” when it gets power. i’m just talking about what those people want right now when they don’t have power, one part of which is reducing the current government’s power. crypto helps do that (or so they believe). my use of the word “radical” wasn’t an insult. it just means not part of the mainstream. which real libertarianism absolutely is. i love it, but it’s still radical currently. edit: minarchist, not monarchist. not a huge fan of monarchs.
like rats in a cage
exactly don't fall for it! left and right, black and white, republicrats, democrans unite (call em all out before they vote on this shit tonight)
the only real fight is class based
lol right? cruz is one of the slimiest politicians in the entire senate.
posted the same damn thing. to think otherwise is inviting more of the same for the future.
exactly. this is the main issue with politics. someone can be a complete piece of trash who has shown their true colours for a decade straight, then they say one thing you agree with and you're like "i'll vote for them!"
i'm sure the banks will do the research for them...
this would be a good thing if they truly do so without preconceived conclusions.
*some of their interns to write up cliffsnotes for the next meeting.
maybe that is why you have this opinion of him
just telling it like it is dipshit
i assumed that would be your answer, don’t watch cable news here, and rafael cruz doesn’t give a shit about you or your values
lol yeah. i mean biden just took being called a racist rapist and picked her as his running mate. trump told a joke about cruz' wife. guess which ones the idiot lefties focus on? hilarious.
it was both, but yeah. absolutely nutty that trump's banter with cruz is still even mentioned after that nuclear bomb she dropped and he ended up choosing her over the field to be his running mate.
😂😂😂 not a cruz fan. i simply think that if you’re going to attack someone for something that you should do it on the basis of facts and not some political non story about ted cruz flying with his daughters to cancun when the power went out in texas. because if you’re going with the latter people latch on and then people like ted cruz benefit. you realize that since that story his approval rating in texas has gone up? odd. almost like it annoyed the voters there. and here you are. still pushing it. a million things to use as ammunition against ted cruz. “cancun ted” ain’t one of them.
i was one of them, followed the “keep heat down to 65, don’t use kitchen appliances” etc. and still got hit with i think ... ended up thisputing it down to around . i’m strongly hoping that people don’t set up crypto mining operations in texas.
texas state is ready to go full solar. the leaders are standing in the way but texas is not as red as so many people think, and not as tolerant of freezing in their beds as abbott and cruz think.
meanwhile people blowing money on everything but a generator.
they had a variable rate plan, they should have known what they were signed up for. i would never sign a variable rate plan, too risky as we saw last winter.
in texas, you can choose to have a fixed-rate plan which is a constant price for the duration of the contract or a variable-rate plan where the price fluctuates with demand. everyone who had absurdly high bills decided to purchase a variable-rate plan, and then also decided not to stop using electricity when demand went insane. it's hard to find sympathy for variable-rate users when safe, predictable, fixed-rate plans are available.
hahaha what a shithole texas is lmao
anyone that runs around screaming "fake news" is getting their news off of their deranged uncle on facebook. there's no getting through to them. fox news is just more "lamestream media" to them.
posting fox news only hurts your argument.
it happened. source: work in oil and gas.
it’s all the spicy acid we have had raining down since the 90s…😭😇
yes you do but there is a big difference to a warehouse stuffed with gpu
literally 10k per kw. no thanks
fyi miners produce heat as a byproduct so no need for paying to heat up s as building with miners in it
i guess eth is gonna be in the limelight next, now that they have banned btc so many times already
technically, that does happen here as well. the withholding amount (the amount your employer takes out for the government) is allowed to be set by the individual. any overpayment is refunded at tax time.
>my use of the word “radical” wasn’t an insult. it just means not part of the mainstream you realize libertarianism has been hugely mainstream for year's, and several libertarian philosophers influenced a lot of beliefs that lead to the foundation of america. this is the issue, people think the mainstream is cnn, or fox, and those are just radical cult leaders.
they already admitted shame. no need to flaunt in a 2nd language.
you do not need an education to understand that ted cruz is an unscrupulous shitbag
isn’t ted cruz’s base small town uneducated type ?
sorry, could not understand you with cnn's balls in your mouth
and you clearly do not give a shit about being truthful and precise with your words. 🤷‍♂️ hey, you might make a decent politician ;)
i think plastic is a part of oil. i dunno i got that big plastic line from veep in like the first episode. didn't really know why they called it that
some days i come to reddit to have nuanced policy thiscussions, some days i come here to make jokes at ted cruz’s expense. depends on my mood. today is the latter.
so you had a variable rate power plan?
if electricity prices went that high, mining crypto wouldn't be profitable anymore
i don’t think they will.
i believe miners in tx are set up to run on overflow power.
texas homeowner here: have a fixed rate plan. my bill has gone up "thisaster recovery fees" to cover damages from the utility's lack of planning. fuck me, i guess paying an extra .
>too risky says the crypto investor.
don't mess with texas. they're just sitting there trying not to sweat or freeze to death!
i know right, somehow a lot of people had subscribed to market rates from their power companies without knowing. the only people who should do that are people who know what they are doing, namely those with a generator or two and enough gas to last them or some giant ass batteries to store energy enough energy from solar panels so they do not have to buy power from the grid.
> literally 10k per kw , not kilowatt. your units are off.
eth has been doing beautiful these last 2 weeks. it'll flip with btc eventually imo.
i’m certainly not going to get into a semantics argument. i’ll just say i’m using radical like this:
i love how you all have been programmed to say this as your default response. i don’t even have cable you brainwashed idiot.
looks like the pot is calling the kettle black
most days you come to reddit with your liberal hard on
those would be on the list of "things i shall not ever sign up for"... along with long term adjustable rate mortgages, or really anything that allows for a unilateral increase in price without much warning.
i was renting with utilities not included. i was only made to pay about 21% of the actual bill’s cost when it came down to it. the original 1980 wasn’t the full thing either
that would be okay then, admittedly i haven’t done a lot of research on the topic, but i do know that a lot of areas in texas don’t really have much overflow power either
i mean, i'll never make money off my electric bill.
some risks can be a lot more profitable than others :)
okay 1000 kw, thanks for the correction! but shit that still is unbelievable.
even i'm waiting for the flippening anxiously
wikipedia is the most biased source you can use for a political thiscussion
i guess you do not have internet either, dumbfuck?
you do not have to love ted cruz to refrain from making chilthish, hyperbolic statements. you just have to not be an asshole. clearly that is difficult for you.
okay, mr. negative karma bot
a penny saved is a penny earned.
i have a giant south facing roof with no shade. have recently been looking into solar but that means i have to upgrade my electrical panel from the ancient 1972 model. i want to see my meter spin backwards.
yea the risk of the variable plan and independence of the national grid was very profitable for the ones issuing the bills due.
even if new regulations pass against crypto, think anyone would bother complying? putting so much emphasis on policing the rest of us while they cannot police their own...
ok, you just want to argue. take care.
i don’t watch or read anything from cnn and it’s hilarious you fools always bring it up when it has nothing to do with anything. you’re a brainwashed pawn.
your english is poor, you do not sound smart.
just a third? that's lower than what i expected...
a third? that a gross understatement. i'd say at least 90%
proud member of that third here.
bold of them to assume only 30%
i introduced my best friend crypto about 6 months ago, sent him research material. what does that douche do? buys 2k in epstein. dipshit.
i just let the fine folks over at robinhood handle all my shares of the cryptos
step 1: buy a shitcoin. step 2:??? step 3: lambo
this is bs, i know what i am doing, i bought btc at ,950 because it is going to . sell it at ,900 so i do not lose all my money. bought doge after every elon tweet, bought shib right before the dump. can i get a "this is the way" 🙌🙌
i wonder how many retail investors in general know what they are doing. especially if you count everyone with a retirement account as a "retail investor".
surely these data do not include any r
those are rookie numbers in this bracket, you gotta pump those numbers up
i just keep adding ethereum. i heard it has real used cases.
yeah when you invest into a token called cumdogeinurocket its safe to say you have no idea what the fuck is going on
a third my ass. more like 90%
with all due respect, but wtf is there to know? buy or do not buy
i know what i am doing and put all my wealth in shibacock (cock) … right …
look ma, no hands!
i know what 99% of the investors are doing. they are gambling, risking what they think they should and hope it will multiply in upcoming years. i'm one of them
at least half the workforce probably don’t understand their job either
we need people more like this so we can earn more muhuhahahaha
the figures r wrong it should be around 90
water is wet! sun rises in east, sets in west!
what is the difference between knowing and not knowing?
1. same for the housing markets or stocks.
you do not need brain cells, only diamond hands
*i'm in this picture and i do not like it.*
hi it’s me, a third
more like 99% people in this space sell the idea of utility, the corrupt banking system, centralized wealth... blah blah blah. but, then they only buy and hold, chasing fiat profits. hardly anyone actually uses their cryptos.
the other thirds pretend they know
i think the number is little more than that
\*proceeds to buy new shitcoins\*
well like half of them call their crypto "shares" so there is that.
at the end of the day it does not matter. just buy it, transfer it to a cold wallet and hold it for the next 10 years. its that easy.
…and yet still things seem to work out!
i believe they meant to type “a turd” 🤣
who's part of that third that is commenting here?
60% of the time, it works every time.
don’t worry neither do we
probably true of any investors to be fair. i've seen some interesting posts over on etoro.
you just insulted my entire r, but yes.
and the other 2.
the only thing i know to do is just to hodl
and two thirds are pretending they know what they’re doing
i resemble that remark.
i think it’s more . and i’m one of them
we dont know shit about fuck
the other two thirds don’t know shit about fuck.
im a part of the third
sometimes i feel like i’m in that third ahaha
look ma, i is in the news!
i’m in this photo and i don’t like it
clearly this article is wrong, as far as i know none of us know what we're doing lol
we're buying crypto goddamit
finally a post about me.
you do not say !? a third of humans don’t know what they’re doing ... the rest is pretending.
... and the other 2 thirds also dont.
a third?! more like 99.9%
can confirm, do not know what i am doing
i've seen investors put money into stable coins because they think it will moon.
that s very optimistic!
whoa there! no need for harsh words, im trying my best!
ah yes, it’s me.
i do not think any of us honestly claimed to "know what we're doing" at all.
yeah that not nice
it’s gotta be way more than that.
more like 95% imo
i didn’t realize doge community made up a third of crypto investors
please do not speak out facts like that,it hurts
didn’t need an article for that. i’m on r
i do not know fuck about shit but yeah i know one thing i am one of them
seems at least we’re all self aware
same applies for half of the forex traders so hey who’s to judge
i do not know what i am doing all i know is i must buy
come on op, you do not know what you're doing either... now where did i put my 50btc ledger
95% of crypto "investors" (myself included) are in it because "number go up" and see it like a lottery ticket. also 99.9% of bitcoin owners do not give a shit about the problems it is supposed to solve.
well... so does the market and all the experts
wow, way to call me out bro
i'm not surprised very few understand what actually is block chain
fake it until you make it!
well atleast ik. i am hodling.
every single person who bought doge was confused.
lmao a 1, nobody knows shit about shit. just bumping along the best we can.
at least i know how to lose money when i enter at ath and sold during dip. 😂
i wouild've expected more, bcuz everybody just wants to make money; most do not care about the technology or tokenomics :)
only a third? honestly with the way people fall for scams are the crap coins we see i expected it to be higher!
if we knew what we were doing, we would have bought in 2 years ago. a lot of new people just started this year.
i know i bought bitcoin. so i guess i know what i’m doing.
i knew what i was doing in the bull run 😎 now, not so much.
look ma! i’m published in an article!
feels like the other 2, but thisagree with each other.
i know shit about fuck
news flash 99% of parents have no idea wtf they are doing...the reality is no one knows wtf they are doing.
only a third??? lol
misleading title because one-third of adults have no idea what they are doing in general
i'd say at least %60 of stock investors dont know what they are doing either, but thats regulated, so i guess they dont care about peoples losses there.
in life...if everybody need to do something only by knowing than manhood could still be living in cave.
the only thing surprising is that it’s only a third
i know that i dont know... if that counts
thats just everyone,all the time, in life in general 😆
nah it’s definitely a majority. definitely.
i like that an article like this posted every month or so. i cannot help but feel like tabloids post this to try and push the narrative of "crypto investors are clueless, do not listen to them". also while i agree many do not understand everything about crypto before investing, i feel like the 90% statistic here does not have much basis considering how many people all over the world have investments in crypto, and it is impossible to prove the crypto knowledge of such a massive group.
step one. find a coin with a project you like. step two secure the purchase with many different options of security methods. step 3 stake it all and hold. i started investing six months ago. did i miss something?
i hodl iota lol :‘(
what does this even mean ?
awesome! i'm. not alone in it.
mom look im in the news
i've never felt so seen
sure they do. they're gambling.
can confirm idk what the fuck im doing but in here for the ride baby
4 out of 3 statisticians struggle with math
yeah cause i like to live dangerously.
i can confirm i am part of that third. i just buy coin and money go up or down
prolly more than a third
i know that i know that i don’t know what i’m doing
so you're telling me i have not been sending money to out of work chandelier cleaners this whole time? ok, i need to do some reading.
of the other 2 thirds, at least 69% of them are lying 🤣
they wrote an article about me! kinda stoked!
only a third? sounds fishy
i know what i'm doing. i buy. i hold.
that's true. my friend the other day told he will be multimillionaire if shib hits one cent, i could not hold it. i explained him in detail how the tokenomics work but he kept claiming there is a possibility this might happen in the future
we are just a bunch of blind gold miners. some have better sluth boxes, pans and shovels. some got lucky where they chose to set up their site. some have thier experience to guide them. most of us are trying to pan for gold in the puddle in our driveway. im just happy to be a part of all this...
what percentage of our parents knew anything about investing in the stock market? not many
i managed to buy. guess i know what i’m doing.
actually, i would argue that the investors who truly know the least and cares the least tend to do well. i have a couple of friends who just bought 100% btc back in 2017. i bet that their portfolio outperforms most of the people's "diverse" portfolio who spend hours studying blockchain, different projects, etc. in crypto, people who know the least and the most make money.
news flash, i usually don’t know what i’m doing. i’ve been winging it through life for decades
finally an article written about me
i represent that statement, thank you very much.
is it me you're looking for?
yeah, 33% own bitcoin.
crypto, is that a new form of sexting?
i'm just excited to be here
the remaining two third think they know what they are doing.
that’s why people keep buying shitcoins because they don’t know the difference. i bought vet because i read about different coins and decided that was my coin because of it’s future projects. read and buy, for a better future to benefit you and the rest of the crypto market
just me next time
oh, the other two thirds are experts eh? roflmayo. i would argue that anyone investing in crypto is investing in an uncertain future. the future is inevitable, so i wouldn't say investors do not know what they are doing. the exact form that future will take is unknown, so even "experts" cannot claim to know what they are doing. this same criticism "you do not know what you're doing" could be made of any pioneers.
60% of the time investors don’t know what they’re doing every time.
all i need is confirmation bias and the magic phrase 'its a long term investment'.
what’s there to know? select how much you’d like to buy, press enter.
i wish i knew more i’m just a hodler.
but you have heard of me.
i would honestly the think the number is way higher than one third. smart people in this group i learned a lot from, but honestly feel like i don’t know much at all.
"with demand being driven by emotional factors, not least the fear of missing out, investors report buying in off the back of encouragement from friends and families and reports of huge price rises." fomo yolo, buy high sell low
none of us know what we’re doing
i've got no idea to be fair.
slightest dip instigates people to sell their holdings….they should be here for the relay not the sprint!!!
finally, i’m a minority!
oh i know what i'm doing! i just suck at it!
more like 100% have no idea what we are doing, especially the people who think that they do.
wait some of you guys know what you're doing?
hey that is me
a third of humans do not know what they are doing in any arena, myself included.
as with other forms of investing, being wrong 50% or more of the time is standard for someone who knows what they are doing. investing is not a "hard science" therefore, i reject someone saying there is a "right" way to do it.
i am not in the 1, i know what i am doing - buy high, sell low.
that is a good report to make shark whales invest
what is there to do besides hodl?
great to see the improvement!
it's not like i know what i'm doing with fiat either. i just give them a stack of bills and let them figure it out.
i wasted so much on fees and shit, that it is turned into a hilarious joke at this point...lol. happy to be a third (turd).
*correction three thirds of cryptocurrency investors do not know what the f**k they are doing
we don’t know shit about fuck!
im just throwing money in a well to see a number go up (and go down soon after) at this point
yep this is me. i thought it was as simple as lighting money on fire.
that’s why we invest what we can afford to lose
people care about becoming rich - if they keep seeing headlines about someone making millions off a tiny investment, that is all they need to see. crypto is simple to have a surface knowledge understanding.
i'm in whatever has literally no idea what i'm doing...
the other two third invested in icp
i definitely did not know what i was doing at the start. then i started to research charting and price action and pulled out all my money. then used that money to invest in stocks. i'll come back to crypto when the charts say it is right.
i look back at some of the moves i made when i first got into crypto and the level of cringe makes me feel like i partially know what i am doing now 😂 i still have no clue what 1😂
my neighbor and i had a crypto thiscussion and i told him to research some coins and even told him to do the free crypto lessons on coinbase. he decides to drop .70 a coin for his first transaction at its peak. welcome to the land of the apes.
money goes in, money goes out, wife leaves with our kid. that's how it works. duh.
a third??? most of us are crayon eating window lickers throwing money at the shiniest magic coin we see and hoping for our happy ever after.
i think it’s the same for stocks...
i'm a learned member of this community. i know my coitus from my excrement. 🧐
i just tried to sponsor a dog but it keeps spelling it dog*e*
i know a little, how much do you need to know to know what you are doing?
of course we know him, he is us.
1’t know what they’re doing and 2
i’m that 3rd!!! not even afraid to admit it. i buy the dip, i hold, and i make profit. things i’ve learned. 1.buy low sell high. 2.if you can’t afford to lose it, don’t invest it. 3. stay away from everything but btc and eth. that’s it. that is all i know and all i do. and i follow rule 3 cause i stayed too long on a few shit coins ;). oh and get one of those flash drive wallet thingys because too meant people on reddit have had stuff stolen.
expensive lessons being served daily with uninformed investors.
meme coins going to billions market cap what do you think 😂
same with stock market... but at the end being there makes the difference
the buy high sell low train
i know exactly what i'm doing. i'm slowly bankrupting myself.
the other half pretend to know what they are doing.
can confirm. no idea whats happening, but that 1000xsafebearcum token has sweet pumpynomics.
the clueless ones are probably safer. they'll put their money into btc and call it a day. meanwhile we dyor and get into shitcoins, risky alts and degen farms.
50% of investors can’t beat the market average
probably even more don’t understand the stock market.
reality: crypto investors making bad investment decisions. what i imagine: crypto investors randomly pressing buy and sell buttons while screaming "i have no idea what's happening!!!"
2 out of 3 people are liars.
i know how to buy it and i know how to hodl… what am i missing??
took what was left of my bitcoin money and diversified it into cum rocket and baby shib, on the internet now trying to pick out my lambo color!
not a clue, made 15x last bullrun. buy couple top 20 coins in a bear market and you’ll likely be a genius without knowing one thing
i feel like anyone telling you they know what they are doing are lying lol.
and the other 2
my wife's boyfriend said to put all my life's savings in shib. he's so cool and full of knowledge
i have no idea what i'm doing.
what do you mean they don’t know? buy high, sell low, starve to death is the recipe of success!
what equates to “knowing what i am doing” i haven’t known what the hell i have been doing for 30+ years …. still alive and tolerating existence!
why you gotta call me out like that
absolutely true, i bought a shit ton of coins, and no clue of how any of this works, i just heard from friends that this is a good long term investment
wasn't it much more than that a couple weeks ago ?
a third of the time i don’t know what i’m doing too. 1: i know what i’m doing when i buy. 1: i know what i’m doing when i hodl. 1: i have no idea why i’m selling what the fuck i’m an idiot i immediately regret selling.
same could be said about stocks, i yolo whatever wallstreetbets tells me to… i’m a simple man
do i know what i'm doing? because here's what i'm doing: 1. buy 2. hodl f*** yeah, i know what i'm doing.
2's do?! that's amazing. keep learning.
i'd say people building crypto apps also have no idea. it's like the early internet days, when everyone's throwing everything at the wall to see what sticks.
ignorance is bliss they say right?
i'd say most investors, in crypto, stocks or forex do not know what they are doing... and that it is not fair to expect them to. people who are not in finance used to put their money in savings account, but now it is no longer really an option, so we have to invest. we're all told to invest, but most of us are not financiers. most people cannot afford to spend the time required to get informed after work.
10% here. i know exactly how it works. i transfer . i buy . i watch my . then . then . so forth and so on until my next paycheck and then do it all again!
there is a huge difference between investors and gamblers lol
i do not know what im doing. i do not have crypto yet. but when i do...i still wont know what im doing
id say none of us know what we're doing. this third you speak of ... you're way too kind.
officially do not know what i am doing. some day i hope to know shit about fuck.
and i'm one of them
and the other two-thirds are lying.
based on the level of thiscussions here or how often a post contains wrong information id argue its 90%
hell yeah i do not!
in terms of crypto or in general? i feel personaly attacked either way
so a handfull of people with insane amount of money are making big bucks. while people with a little bit have absolutly no idea what to do so they either go all out and lose everything or dca and make peanuts.
i mean the average investor does not really know what they are doing in general... you are above average if you know how to keep a decent budget, or doing something above and beyond a savings account. is crypto high risk... absolutely. do people go into it blind... for sure... but i think rather than telling people they are idiots for throwing their money at obvious scams without research (true enough). we need to make financial literacy more available, and just demystify regular investing in general... of course crypto is going to be more exciting though... normal people are told they need to either be millionaires, or wait their entire lives to get a 10-100x return on their investments, and be happy with 2-8% apr... beyond that this is an emerging market - you do not really need to understand the market to understand that its in its infancy and that the winners are all very likely to go up a lot.
only a third. does the author of this article know how to sample?
investing as a whole is just gambling so yea
buy and hold until i do understand 🤷‍♂️
wdym? i know exactly what i'm doing. it's called losing money.
this definitely seems low.
99.9% of crypto articles are complete bullshit
i'd argue that nobody knows what they are doing lol
what's to know? you buy btc and you hold btc, pretty straight forward.
honestly that is probably a much better stat than normal investors. can you imagine a headline saying 2?
i have zero idea of ​​what i'm doing and so far my ignorance is in my favor.
i couldn’t read the article, because paywall, but, it makes me wonder if a third of crypto investors in the uk hold doge coin. everyone i’ve talked to about crypto only has experience with doge coin. it would make sense to me that that portion of people have no idea what they’re doing.
raise your hands if you’re apart of the idiots lmao✋🏻
but one day they will, that is how you learn (there is probably at least that many stock investors that do not know what they are doing either, that is why sites like robinhood exist). losing money is a good life lesson, does not matter if you're loaning it, or investing it...you'll sure as hell learn from your mistakes.
100% of crypto investors
nobody knows what they are doing.
you could argue that that 33% still have more of an idea than the 99% who dont hold crypto though…...
yup! 90% and up it will take another 5 years for rest of the world to understand what is crypto and how it’s work.
nobody knows what they are doing. it's fine.
nobody investing in crypto or securities knows what they are fucking doing. nobody \*can\* know what they are doing. it's all theories and guesswork.
a third 😂 more like 98% i’m in that 98% btw 😂
me mining with a gpu , me putting everything in wallet...i dont know what im doing,,me not trading...me holding for long long...im the 10% ?
2’t know what they’re doing. 90% of first time homebuyers don’t know what they’re doing. shoot. this is life. no one knows what they are doing. and ya i would say it’s closer to 75%. i mean. i’m buying crypto as insurance for societal collapse.
and the other two thirds are lying
the rest thinks they know what they’re doing.
that’s a good quote, actually. i bet 80% of living people don’t know what to do with their life.
this should be changed to crypto traders dont know what they are doing
no shit? lol duh
i buy and i sell. the fuck you mean there is more to know?
way more than a third.
i do not need to know what i am doing to have a good time.
i want a moon
seasoned investors do not know what they are doing in crypto.
this is very bullish, imo. people are throwing money at this and they don’t even understand it. what other commodity attracts attention like this?
a third? you flatter us, independent.
idk what's going on but whatever i'm doing, it seems to be working
a third of studies posted here are just random percentages.
shit article really. like most stock buyers don’t know what they are doing
this article would not stop me because i cannot read!
who really knows what they are doing in life?
yes totally, especially because almost all the graphs look identical due to their reliance on bitcoins performance i'm trying my best
and the other 2 thirds are lying...
i am the 33%, let’s talk.
several ones indeed that is why i'm taking my time to researching into sto, tso and ixswap properly before jumping into
excuse me, how many people are there understand the financial system ? and we are 100% using it on daily basis
i would say most people in most things have no fucking idea what they’re doing - this is not exclusive to crypto.
finally the recognition i deserve
wouldn't most people when they start not really know much. you learn by getting involved which let us you figure out how things work and start researching more? i would assume most people start off as beginners. that is kind of universal for most things.
only a third? loi
99.8 and do not be coy
i'm up around 30% of my initial investment since i started this year... either i'm lucky or doing something right, or both.
what do you mean? all you do is buy high and sell low, its pretty straightforward.
the rest are bitcoiners.
the big question is, which on third of the three that is.
that's a conservative number
yes, they buy when elon say bitcoin is good and they sell when he says bitcoin is bad.
i’m one of them. i just buy eth when it’s down and i hope one day it’s worth a lot.
pretty shit article if it says only a “third”
thats something i can most definitely believe about 1
how do they we don’t know know what we’re doing? someone got a time machine i don’t know about?
that's generous. its probably more like 97%, 2% are kinda aware and 1% are.
you mean there’s more to it than just buying and holding?
much more than a third of the population have no idea how cefi currencies work nor even how to handle money either, so i would say its ok
that seems like a rookie number
the rest think they do
and 100% of people don’t know what they’re doing in life
yeah a third is lowball. more like almost everyone, including myself. anyone claiming they can read the market is a charlatan.
i have no idea what i’m doing, but i know i’m doing it really, really well
wait…. you guys know what you’re doing?
i fuckin knew it
is this news? well more than half of land investors do not know what they are doing.
didn't know that a third of cryptocurrency investors held safemoon.
“stack and hodl” is the *secret* but please don’t tell anyone
i don’t think a third of adults know what they are doing. way less than a third of crypto investors have a clue about crypto.
nobody knows what they are doing, and anyone who says differently is selling something.
if you think you're *investing* in crypto versus *speculating* in crypto you might not fully understand the situation.
i know exactly what i’m doing. i’m gambling.
i made the most money having no fucking idea what i was doing. i think learning about this shit has hindered my progress.
i thisagree 99.9% of us don’t know tf where doing the only ones that do are the big whales
fuck on mod!!! these are our chance at startups boyzzz buy that dip!!! taste better with guac!!!!!
lets be real. how many people even know how *real* money works? like, who prints them? where does the value come from? how inflation? etc.
those numbers are way low. you gotta pump those numbers up so that i can pump my bags.
#? at least they are trying to invest and better their lives! what is your point????
i feel attacked... now if only i could figure out how to get my tokens turned back into money
so most of us know what we are doing, good
and two thirds know they do not know what they are doing.
i know that i don’t know what i’m doing, but that means i know exactly what i’m doing
nice im in the 33rd percentile my momma would be proud
a third of crypto journalists have completely run out of stuff to write about.
good! that's how those who do, get rich
crypto is the realization that some things we took for granted were based on mostly faith. it is up the the populous to now decide which delusion they would rather continue to believe in. one backed by a govt. and the other backed by other people and crypto math!
i know exactly what i'm doing, otherwise it wouldn't feed my gambling addiction
buy on the dip. never sell ever. repeat.
in case anyone wanted to read the article. you can share this with anyone who asks u > it was the investment that was definitely going to make you a millionaire overnight. the type of asset that would carry you with it on the unstoppable tech wave barrelling into a dazzlingly bright future. > we believed, at some point in the last five years, one in every eight uk adults has bought at least one cryptocurrency – digital or virtual only assets that are held, traded and transferred electronically while being kept secure by cryptography (hence the name). > transactions are managed not by a central bank but on a peer-to-peer basis through technology that shares and synchronises data across multiple sites. > thousands of cryptocurrencies have failed but there are several thousand more out there and, like so many other aspects of our financial affairs, a handful – including bitcoin, ethereum, tether, binance coin and cardano – currently control the vast majority by market cap. > they’re the ones we’ve at least heard of, even if that’s as far as we get, even though vanguard bitcoin has been around for more than a decade. and worryingly often, that is indeed as far as we get. > data from behavioural finance specialists oxford risk suggests 36 per cent of uk retail cryptocurrency investors admit their understanding of the sector was either non-existent or poor when they bought. > even after owning cryptocurrencies, almost a quarter of investors still rate their knowledge of the assets and investment opportunities in the sector in the same vein. > oxford risk’s study found around one in eight adults say they have bought cryptocurrencies in the past five years and just 21 per cent of them say their knowledge of the sector was good when they first invested. > the figure only rises to 33 per cent after investors begin building up more knowledge after buying in. > greg b davies, head of behavioural finance at oxford risk, said: “the concern is that too many people are buying blind without knowing what they’re doing and are being influenced to invest by rising prices and other people encouraging them to have a go. that is worrying if people have substantial amounts invested in cryptos and do not understand what they have bought.” > with demand being driven by emotional factors, not least the fear of missing out, investors report buying in off the back of encouragement from friends and families and reports of huge price rises. > all of this becomes slightly alarming when you clock the nausea-inducing volatility investors face when strapped into one or more of this kind of asset. and the ride is getting rougher all the time. > after closing in on ,000 per bitcoin in april this year, a few choice words from tesla boss elon musk and concerns over a chinese crackdown on cryptocurrencies saw values crash ,000 by the end of may. > at the same time, ethereum, the second-largest cryptocurrency, also fell by 50 per cent from ,000 per ether token to under ,000 today. > in june, its use in a ransomware attack sent bitcoin tumbling further and amid a massive global regulatory clampdown on cryptocurrencies, the chinese government has upped the ante on its anti-cryptocurrency stance over fears around social destabilisation and competition for the central bank’s digital yuan, by banning the “mining” or production of new digital coins or tokens. > this weekend, as analysts began using the word “danger” in their assessments of bitcoin and ethereum, reports starting coming in that chinese cryptocurrency miners have started dumping the hardware they use on the secondhand market. > this is in the nation that research by the university of cambridge found was responsible for 65 per cent of all bitcoin production last year. and yet despite it all, we somehow remain enchanted. > while a third of uk investors don’t believe there will be future increases in cryptocurrency values, almost half remain on the fence and a quarter think prices will increase, the oxford risk data suggests. > one in five adults still plans to increase their holdings or invest for the first time in the year ahead. > the good news though, is that to the average investor on the street none of this is going to rock our worlds because we’re dabbling. > while there will always be a few bullish investors – fintech firm ziglu suggests 5 per cent of investors have spent more than £10,000 – the vast majority buy small amounts just to see what happens. > a quarter have spent £100 or less, and half have put in less than £500. from that vantage point, perhaps we can afford to sit back and enjoy the rollercoaster.
we getting rich, right boys?! …boys?
were trying our best ok
when iam dead, i‘ll auto-cake
a third? you still have children buying xrp, doge, and ada- saying it’s only 1**so generous it’s not funny**
never finished my dogecoin degree
crypto awareness in third world countries what i have seen, europe etc. participation of third world countries especially in asia and africa is minimal. thats a whole lot of untapped market where crypto can benefit people. it can help them secure a good future. but i dont see any efforts to promote it there. what can be done?
buy doge. believe in doge. musk is moses. dogecult.
that's a lot less than what i expected.
и очень много мошенников в этой сфере,к сожалению
oh, thank god. i thought it was just me.
seems pretty obvious. otherwise shitcoins like doge, baby doge, shiba inu, etc wouldn’t be getting so many buyers
and the other 2's?
so what? when i cash my bags in i'm buying a sailboat and i do not know how to sail. it's going to be great!
i’ve been researching for 6 months since i started and trust me, i dont know what i’m doing.
what about retail investors buying stocks? lol
im in this articel and i dont like it.
that seems a little low
what does that even mean. noone ever really knows what they are doing, some just have better idea than others.
and 99% of fiat investors do not know what they are doing
i agree. lost almost 80% of my investments 😭.
they are giving the other two thirds way too much credit, lol!
shit only a 3rd?
who's writing articles about me?!
i buy crypto and then i hodl it. i thought that was the objective?
ah they’re finally on to me
i just want to make a bit of money :(
headline of a writer who thinks they’re very smart. ironically it’s a moronic headline.
money machine go brrrrrrrr
i only know what the green button does but not the red.
that number is waaaaaaaaaay underestimated. i said tokenomics in front of some friends with positions in several projects the other day and nearly got laughed out of the fucking bar. i shit you not. also, i have no idea what i am doing either.
i mine everyday i sell low and buy high. am i doing it right?
but i thought it was as simple as buying and hodling?
among my group of friends i think maybe 1 in 30 might know. and even that 1 is questionable.
what subreddit does the other two third use?
a third of the world doesn’t know what they’re doing in real life, what else is new?
i’m in this article and i don’t like it
please. the answer is 100%
isnt the point of it is to buy high and sell low?
100% of news outlets are just propaganda peddlers
i belong to this class of investor cause they are still alot of things i really need to know in the space and alot of platform that can be of benefit to me. just of recent i got to know about celsius , blockfi and freeway which leverage on the power of network effect. i thought everything is centered on buying, selling and hodling
what you do not know cannot hurt you. what? i've lost 70% of my money?
yeah just type any shitcoin in twitter. the novices will start getting experience with time on how to detect scams and shitcoins, they just need to be willing to find new information
buy high, sell low; what more is there to understand?
excuse me. buying and hodling is a sound strategy
i think this whole community can relate to this article
apes know money printer go brrrrr
only way this makes sense is if the other 2 thirds didn’t know what they’re doing when filling out a survey. but for real, it’s a brand new market still. anyone claiming they know what they’re doing is either full of shit, selling you something, or dumb.
i guess choosing some sort of freedom no‽
lol, a third... at the ending of a bullrun i'd say 95% dont know what they are doing. now after 3 months of bearishness maybe that number dropped to 80%, not because people that know more have joined the space, but because some of the "investors" that did not knew what they were doing are gone
i am here because of the fodl and hype... i do not understand anything. i just let the memes guide my way.
it's rather unfortunate. when prices fall most panic and feel terrible because they were not prepared for losses.
lol, i'd say most of the remaining 2.
haha, they picked tether as one of their 5 examples... although that does kinda fit their narrative.
hey this article is about me
part of the problem is, ppl come here to ask a question and many people (not all) are assholes and just bash others. 🤷🏻‍♂️ hence the growing trend.
the fact that market cap needs to be explained on a weekly basis i would argue way more than a third has no idea what they are doing.
that’s why i just give crypto gifts and say hodl bitch.
i don’t even know what i’m doing outside of crypto lol.
as do a third of all ppl in life. so it balances out.
two thirds of cryptocurrency investors think they know what they’re doing.
with the kyc whats the point. no where, internet or box store, do i have to pull out id, electric bill, and turn my head back and forth in order to use my credit card. therefore whatever the reason they give for it is a obvious and blatant lie. now crypto is being set up to be even more intruding than fiat, at least with the dying dollar i can still make personal and private transactions, aside from that, pork and beans are a better investment.
the article is stupid 🙄 even in stock trading many lose everything. they are just mad.
i’ve strong evidence that 40% are capable, 20% are professional 70% don’t know what they are doing and 15% don’t know how to calculate percentages.
why’re we surprised? i’m sure some of y’all just go for the prettiest coins, too
where’d i sign to add me to the third
thanks to this sub, everybody gets more confused, yay
a headline this vague is never usually this true.
yeah when the news about binance leaving ontario broke i was checking relevant posts on sm and every other comment was like “how do you transfer money out of binance. it’s that bad.
it's me. i'm the third
that's a rookie number, you need to step up your game.
a third **admit** they don’t know what they’re doing.
i for one am surprised it’s so low!
a third? i’d say 99% and that ain’t lying
so? the majority of the world doesn’t know what they’re doing.
i know that i’m investing, but i don’t know what an ethereum does. something about proof of steak, i’m assuming ethereum has something to do with grading the quality of steak meat.
and on another news in this reddit is “a significant number of young people invested in crypto”. genuinely i don’t think a lot of them might not know what the fuck they are doing aside from chasing potential profit (survival bias), yet it was heavily celebrated like they are the future.
i mean the whole humanity have no idea in slightest wtf they are doing
don’t know a about you guys , but i just throw money on what ever u, kinda like a casino
of course. that's how you get doge-themed coins up there in the top 50, valued as high as some actual projects with real-world use and development behind them. and that is also how you get people saying things like "i'm losing money, i'm going to sell and cut my loses" and then complaining shortly after that they only lose money in crypto and that "it's a scam"
hmm i do not remember participating...must have forgot
why is this news
whales can’t predict our moves if we do not even know what we are doing
a third? more like 33%
this proves my point! most of you do not know what the fack your doing, so you listen to this bs of bitcoin to 20k so you pull out and go into stable coins. could you imagine if all the " influencers " did not spam you with " a crash is coming " and everyone was still bullish and kept their position. wed be sitting on mars right about now. but i guess the world cannot operate if we did not have sheep.
ctrl-f elo-... yep. same ol, same ol
damn dude. i resemble that remark. lol.
trust me, buy high, sell low and hodl at ath never fails…
no need to :p. lol
shit, most developers don’t even know what they are doing. a hash here, a hash there, here a hash - wait. . . damn, there’s a node.
does anybody really know what they’re doing when engaging with a new technology? we’re all just pioneers looking to figure it out together and the people who claim to know what they’re doing are just trying to sell you something.
what better could we expect from our fellow apes
investors? i know nothing except to buy at ath’s, and when that’s done, i make damn sure i sell that shit at the bottom.
i dont know what im doing
stop letting out my secrets.
what is there to know? buy btc and wait
i buy btc, eth and ada each week. i'll sell when i have enough to retire. might be in a month, might be in 30 years. if that means i do not know what i'm doing, then so be it
i have no fucking clue. but i did adopt an ape a few months ago.
a third of 300% of crypto investors don’t know what they’re doing and we’re proud of it
i have no idea what i’m doing but it’s fun as hell though. made some money in the process too ;)
you can sell this shit?
“nobody, i don’t care if you’re warren buffet or jimmy buffet, nobody knows whether a stocks gonna go up, down or in circles, least of all stock brokers” matthew mcconaghey in wolf of wall street
i know what i’m doing. i just took my entire life savings and put it into the next big alt coin. a bunch of people online said it would make me rich overnight and that i’d be part of their pumping group, so i bought it when it’s at its all time high. there is absolutely no way this could backfire at all. none 😁😝
and two thirds are lying about knowing what they are doing
buy high, sell low... it is not that complicated
ok good im not alone
what does it mean to not understand?
and two thirds are delusional
a third of crypto statistics are completely made up.
all in on ankr. let it hit
even after owning cryptocurrencies, almost a quarter of investors still rate their knowledge of the assets and investment opportunities in the sector in the same vein.
a third? thats lower than i expected
if it only was crypto. you can apply this number to highways, casinos, cops and people who wanna talk to the manager
i bought . clearly, i have no idea of what i am doing.
69% of all the facts you read on the internet are false.
just here to say i hate seeing these low effort post with a link to the article without a tldr version of the article.
how do they know and how did they come up with this? this is a clueless claim
im pretty sure a third of any industry don’t know what they doing
definitely more than 1
id say i am the whole 90% myself . the rest of you are doing grand
in other news water is wet and the sky is blue
*today in news that everybody allready knew*
what's the percentage of people lying to themselves that it is about the tech and not all about making money? 🤔
60% of the time, it works all the time.
i'll try skating, that is a good trick
everyone that knows what they are doing has their own coin.
i definetly don’t, but probably green is good, red is bad
most stock market trades don’t know what they are doing….
i know what i’m doing. i’m buying high and selling low based on what people on the internets are saying.
is there something i’m supposed to be doing?
what's not to understand? you buy, you hold, you sell for profit.
hey that’s me lol
90% of us don’t know what we’re doing and here for the lambos 😹
it’s not hard, you just put in 50 bucks and then you get rich shortly after that.
you and me both.
weird, i do not remember getting the survey
so you're telling me i'm not the only dumbass here?
i just want big bucks. investing in popular currencies and hoping to change my life
i do not even really know what any of this is 🤷
only a third, huh?
i might not know what i’m doing, but i do know what i am not doing. getting rich, that’s what i’m not doing. and knowing is half the battle.
and the other two thirds are following the first.
sounds low. go to cryptomoonshots and see how big the subreddit is.
hell yeah that’s me
i thought we all knew to hold?
they lack the f u n d a m e n t a l s
highly offended by this article. i only buy crypto when it’s at its absolute lowest and then again when it drops lower then that.
and two thirds think they know what they are doing
i’m sure the opposite click bait title was 66% don’t know lol
but i know to dca in and hold so who really doesn’t know what their doing anyway ... oh me ? ya okay fair enough.
yep, bought into dogecoin hype at .38 fml
a third is being generous … stats on blockchain , no?
it’s spray and pray with investors.
i'd be surprised if a third did know what they where doing
and that is okay. just invest in reputable projects that solve a problem and have a use case. when in doubt invest in ether.
but i’m learning all the time!
i wouldn’t even call it investing honestly but yeah, no idea what i’m doing
up like 13% i just made a wild guess on my trade
multiply by 3 and we're getting closer to the real number
i know that i do not know what i'm doing. therefore i know... something?
i'm part of that third. well, at least i am here soaking up information and trying to learn.
lord knows i barely do.
i was gifted . now i'm sitting at .58. (☞ ͡° ͜ʖ ͡°)☞
true they don’t, and neither does this guy he just traded his tesla for a poop car 😂
and i’m one of them
i too am a slave to my human emotions ;(
damn right we do not
instructions unclear. one third life savings placed into .
we're supposed to know? i just fomo into everything. hoping i hit the jackpot
is like the population’s curve. we are the baby boomers of crypto?
none of my homies know what they are doing 👊👊
honestly and shamelessly, i am part of the third.
i’d say that number is too low
do a third of stock investors have a clue?
i am that third and i stand by my statement "and?"
a third ? haha more like 9 tenths
buy high sell low. what's not to understand?
that’s why shitcoins will keep on mooning and dumping!
i love how half of the investment narrative is **"investing is for everyone ♥️"** and the other half is **"fucking hell, who let these degenerates invest? 🤬"**
well when you have to jump thru hoops for some…
yes. but its alot more than just crypto
i've got down -90% before undestanding ( i was up 100% but hodl because i did not know what i was doing)
stormship troopers music* in doing my part!
no way that is true. more like 95%.
updated headline: study finds nearly 2[dunning kruger]( curve.
i thought crypto wasn’t supposed to be an investment option, wasn’t it supposed to be fucking currency?
99% off people spending fiat money on stupid things... they do not know what they are doing.
you guys know what you’re doing???
and two thirds are lying
hooray! i'm a data point!
no way in hell do 2're doing. no chance you'll make me believe that.
dogecoin is still trading above .001 so this a wild underestimation.
this is not a surprise.
i understand btc & eth very well so i’m in the 10%
a third of stock investors do not know what they are doin...
and the strategy of the remaining 2.
after thorough reading of this article and accompanying peer-reviewed data, i just have one very simple question: when moon?
how hard is buy and hold?
and that the beauty of it. we have no idea what we're doing. and yet will win.
does anyone? let's be honest here
ape strong, ape yolo ape buy lambo
a third? allow me to introduce myself
if this is supposed to make me buy a crypto etf, it is not gonna work!
more like each third of crypto traders does not know what they are doing.
100% people who call themselves a "crypto investor" do not know what they are doing.
99.9% of all 401k depositors have abso-fuckin-lutely no idea what a 401k actually does
but none of us know shit about fuck
a third? i'd guess way more
0 clue of what i'm doing
investing? i thought it was gambling. my faul.t
we know shit about fuck
no idea at all
nah we all know we're just nerd gambling at the tech larp.
hi, hello, this is me
investors implies you had money at the beginning
i mean do you really know what you are doing if you have not been trained? what’s the scale to “know what you are doing?”. a person who’s rich off crypto are they knowledgeable or did they just yolo 100 bucks into bitcoin for shits and giggles.
oh hey, hi, hello, that’s me.
yay... i'm one of them
i like to think i'm not in the third but that is wishful thinking.
holy shit you need to know what you're doing ... fuck me sideways
[oh geez, that’s me. ](
a lot of people just buy and hold for profits. they don’t have to know what or how crypto was or the plan for the long term usage or adoption is. a lot of people invest for returns and don’t fully understand the ins and outs of the investment. i have 700 bottles of wine in my portfolio and i don’t drink wine or have a clue about it. it just makes me great returns.
i consider that i'm reading more about tech and projets than like 95% of people and also understand it decently since i'm a programmer. probably know the most out of crypto out of anyone i've met irl yet. ' i still consider that i do not know anything, so many things i have yet to learn or understand...
as opposed to stock market investors where everyone knows everything?
those are some rookie numbers
we are all little jimmies ...
money go up, then money go down.
hey that’s me 😂
am investor, can confirm.
ive literally been throwing money at shit... yeah i’m not that guy bud. i’m def part of the 90%...
i dont want to know what to do but i want to know when lambo. so?🧐
i know im in it for the hodl
i literally have no idea what’s going on half of the time, makes me feel apart of something though haha
heck isn’t the point of crypto that no one knows how it goes. i see this as a win cause the less predictable the less big corporations and banks can control it
okay but a third of the human race does not know what they are doing.
one third of cryptocurrency investors are smart enough to know they don’t know what they’re doing. the other two thirds have no clue that they’re oblivious.
i’ve got no fucking clue, i just put a huge chunk of my savings in a coin that pays 7% apy because of the big number.
two thirds of cryptocurrencies do not know what they are doing
i thought noone knew shit about shit.
i'm in that third
we are investors now ?
i think most people in general are just winging it.
and two thirds of them think they do but don’t 🤡
*chosing a new ecosystem*
after joining this and other subs, i would agree, if not say more than a third.
a third ~~of cryptocurrency investors~~ don’t know what they’re doing... ' there fixed it for you
i’d say that’s pretty good compared to the general population.
gotta be much higher than a third. also, it applies to investors in equities and anything else as well. and just because someone might be an actual trader or broker or whatever and knows what they are doing, that does not mean they can see the future and pick winners.
those are rookie numbers. gotta pump up those numbers
i mean, that is how i started back in 2016 haha. maybe i still do not know what i'm doing, but whatever it is, it is been working out pretty well.
what is a crypto?
i didnt expext anybody to write about me
i‘m one of these… but show me the buyers of apple stocks ho know to x code…
well it seems to be a prerequisite for starting a cryptocurrency youtube channel!
a third ??? jesus... thats brilliant news...
how many investors in anything actually know what they are doing?
the number is probably a lot higher than that
how does that compare to other types of investment? a third seems about normal.
is this higher or lower than ordinary investments...? cuz i do not know what i'm doing, but i own both...
i have no idea what i'm doing but someday i'll sell my bitcoin for more real money than i bought it for.
i just feel like i can see patterns other people arent picking up on. i certainly dont think i know what im doing for sure.
only a third huh, we're doing better than expected 😅
i'm just here to make a buck.
buy, never sell, just buy.
a third of me does not know what he is doing. the remaining two-thirds just yolos along! 😊
no they know , losing money mostly
43% of statistics are made up
well i just hodl and dca
and 2’re doing 😎
hey, i know what i'm doing. put money in, money wobbles around, try pull money out when worth more.
true i have no idea
it’s interesting, where i work where people contribute to a standard retirement, virtually none known what kind of funds their money go into or what their allocations are.
a third of society as a whole has no clue what they are doing and i am proud to say i'm one of them. no guide book on life just wingin it right here, however i am smart enough to dca and hodl for life. i am slowly moving about 70% of my investment and savings into crypto, the other 30 into precious metals. i feel this is the best way for me to actually have a retirement fund and be able to leave my kids with what will hopefully be a better life thru crypto because it is the future.
a third seems generous
buy and hodl 10 years. what is there to understand?
the only thing i know for sure is get in or out after a huge green or red candle lol
same can be said for the stock market
"data from behavioural finance specialists oxford risk suggests 36 per cent of uk retail cryptocurrency investors admit their understanding of the sector was either non-existent or poor when they bought." these type of data do not have a fair point
lmao the plain on yolo that works 1 out of 10 times or hold for another 10 years and hopefully makes something for
instructions unclear buy high sell low right?
a further 1- represent!
and the other half is totally clueless
proudly in the 1. ing though…...
what's an "investor" ?
it’s just funny internet money anyways :d
i won, i won.
absolutely, investors really need to define their investment goals, which many do not do.
i have no idea what the fuck i'm doing tbh.
it simple. buy low. sell high. what else do you need to know?
as someone who doesn’t know what they’re doing. i agree with this article.
i've learned a lot in 7 months bc i study for hours almost daily but still have a lot left to learn.
a third of investors do not know what they are doing. the others think they know what they are doing, but then do not.
a third! ha thats great as 3. thats some educated bunch over here
buy high and sell low baby!
i back this fact up
to be fair, i didn’t know what i was doing before i invested in crypto either
not knowing what i’m doing generally doesn’t stop me
doesn't matter if they hold they will probably earn and that is awesome.
two thirds pretend that they know what they are doing
just incest in solid coins like shiba or cumrocket and you'll be fine
its more like an educated speculation in the 33 percentile.
can confirm, not fuckin clue what i’m doin
hey at least we’re self aware. i just hit some buttons and hope the arrow stays green
this will apply to miners aswell. might be closer to 50% tho
could probably say the same about a third of roninhood investors. lol
you guys must be real dumb. i know eactly what im doing. buy high sell low...duh
a majority of investors in any asset are in the same boat. it's always a small group of people who decide which way the market moves. rest of us are just sheep, even if we do not want to believe it.
well if you knew what you where doing would you really be in crypto? this is a place for not knowing.
pipe dreams and tangerine wishes!
a third? that's wishful. i know about zero people who knows what they are doing, me included!
i’ll second that because i’m one of them.
i resemble that remark...
if you had to bet a million dollars, would you say one of the faang stocks or microsoft have added bitcoin to their balance sheet?!?
hell no we don’t!
get outta here, i know what i'm doing.
100% i have no idea what i'm doing...
it’s not a third, more like 33.33% imo
setting the narrative for future regulation.
i mean it is simple really, just buy and hodl until you are dead or a millionaire.
here, hold my beer !
it’s ok not to know what you’re doing, my best advice is to dca 50. then you can eventually allocate a small percentage of your portfolio towards alt coins.
i literally find a new project that looks cool every week and buy some of their coin and if i lose interest i convert it to algo
no idea what i'm doing but i know that i do not know
99% of people who do anything do not really know what they are doing. this is what i've learned from existing in the world.
just imagine what the other two thirds are...
you had me at third
i would have guessed 80%
a third of people have no idea what they are doing in general
it's just fun to be apart of something :)
it's hilarious how many people are likening this to doge, when doge has had higher percent gains on the 1y and 2y and 3y and 4y than every other crypto on the market. or the strange flippancy as if it was impossible to know what you're doing. when you let a manager deal with your retirement account, it presupposes that they know what they are doing, which means it is possible to know what you're doing, which means this is something that can be learned, which means you can learn it. do you really think billionaires are dumping billions of dollars into something they "know shit about fuck" about? "time to add another 500,000,000 on nothing but a whim and a prayer. could go up, could go down. no way to know!" the key to knowing what you do know is knowing what you do not know. then, when that happens, figure it out. if you make a wrong call, figure out why. turn yourself into a machine learning algorithm. and so: here is the call i'm going to make. how did it turn out? if good, why? if bad, why? change variable if bad. make next call with that variable in place. how did it turn out? if good, why? if bad, why? change variable if bad. what are the predominate methodologies in trading? what are the predominate patterns? what tools do professionals use? why do some traders thisagree with certain methodologies? what are the pros and cons of each? what does investopedia say? what does wikipedia say? do their recommendations work, or not? which and to what degree? are there any patterns you can see yourself? are they predictive? if so to what degree? how much time have you spent *learning* about trading before you started trading? i started learning about all this two months ago, and in two months i've spent maybe 120-150 hours studying materials and practicing with small amounts. and i've just started. if you feel like you "know shit about fuck", learn it, practice it, treat it like a class you're enrolled in.
if argue that if you did not realize this about crypto, then you're in that 30%. if you want to be a narrative investor, which is the meme with crypto these days, then you need to account for the fact that nobody else knows what that narrative is. this is why i sold everything i could in may, and why i'm not going back in for a long while.
how do i buy crypto stenks on robinhood?!
i know exactly what i’m doing. i put , like a reverse pet.
dogecoin proves this, even elon does not know what he is doing.
i‘m in this picture and i don‘t like it.
the pt cruiser used to be the hottest vehicle on the market.
that probably is the same with stocks and forex
wooo, look mom, i'm a statistic!
pfft... i know what i'm doing. ' i buy doggy coin cuz it is cute.
hey they are talking about me! is this my 15 minutes of fame?
a third of all investors don’t know what they’re doing. ftfy
not a clue here... i hodl doge.
id say its closer to 90%
it’s true. i’m fucking clueless. not a scooby. oh well, hodl and hope for the best i guess, whilst trying to educate myself on here…
i know a third of you know less well than you should know, and i don’t know two thirds of you know what they should.
i know better than to waste it my money on lottery tickets, more fun and interaction this way. may regret it all when the taxman interacts with my rectum next year, but live and learn!
way more than a third. i've been investing for years, and have worked in payments and financial services. i started researching crypto after a friend raised some money to invest in it. i would say less than 5% of what i read stands up to a serious bullshit test. somewhere north of 60% of what i've seen indicates some level of financial scam (pump & dump, ponzi, etc.) that is designed to screw people out of their money.
show me one who does!
that number seems off lol
90% of all investors have no fucking clue what they are doing. ftfy
say "red" if you are part of the one third. say "green" if you are not part of it.
i think doge holders made that plenty clear lol.
you could argue the same for investing in stocks and bonds. many people that purchase them have no idea what they actually represent.
i'm just here for the ride
do any of us really know what we’re doing
"white paper + black magic mathematics = profits" is the only equation that counts
just wait until this guy hears about how wall st works.
really? i'm sure everyone does it to make money as the underlaying reason. while second would come your people who are for deactualization and sticking it to the man.
a third of humans have no idea what they are doing.
i know how to buy. what else is there to understand?
i dont think any of us truly know what were doing, we're gambling on the fact that cryptocurrency becomes a requirement for daily life in the future
i turned my only savings of ,000 into over ,000 during the recent bull run. that was also my first time ever investing into anything, without any research of crypto. sometimes, all you need on your side is a little bit of luck to start. after that, you either pull out and profit or come on reddit to find comfort in others reaping their losses.
this doesn’t surprise me; i thought it was higher tbh
i know what i’m doing!! direct deposit, buy btc, don’t sell, btc!!
i think i'm a part of that third.
i’m sure that this applies to people investing in the stock market too. and also, it has to be way higher than 1.
and another third say they know what they are doing when, really, they do not.
i would agree with that me myself and i haven’t a clue.
update: yup idk shit bout fuck
til i am 1
way to call me out
i'm in this post and i do not like it
what they doing is called defi
this article is about me.
who are the 2
and two thirds of them are lying
there are others?! nice!
can confirm. have no idea what i'm doing. don't understand the lingo. have lost 1(bought in just before the current down cycle) but it is a long term investment, im learning more everyday
someone wrote an article about me and my friends!
so far, i don’t think i’ve made any mistakes, but i’ve never felt like i know what i’m doing, and most clicks involving buying. crypto has a long way to go on the user friendly front.
im definitely in that category but i'm still doing as well as those who boast they know it all.
well, it sounds like fun to play with some investing but in reality we are all buying a piece of pie in the sky. there is no real value behind the string of numbers and anyone can create new currency. you cant eat them or touch them. its an abstract. crypto is a pyramid scheme that only works if new people keep buying into it. i know, i know people will argue with me all day long but this is what it is. at the end governments will tax it and regulate it. and those who made their money will walk away happy and the rest of us schmucks will be left broke. oh well...
sounds like kate’s ex became a crypto-millionaire after the breakup.
i'm in this post and i dont like
i am not alone.
if i knew what i was doing i would be relaxing on a private beach not sitting on my sofa watching reruns and scrolling through reddit
i'd say it is a lot higher than that
pretty sure 99% of investors in anything, not just crypto, have no idea what they are doing.
just as mcdonald's needs workers, so to do scams need marks. investing in crypto: * buy * sign up for dd'ed airdrops, with lp reward pools * drop, observe gas, mod, and 1(eth, uni, etc) * stake lp token * hodl, hope, and join telegram to chat, ask questions, and meme * if bots & whales do not drain them, claim rewards. * then either: 1. swap exact token -- if the drop were for 4000 tokens, and at claim they have a \~.02 value with a return of \~180, and eth was your pair, then your wallet now is >(barring crash) * or 2. hodl * repeat (as many as you dd and choose to)
i’ll never forget the guy i met at consensus 2019 who was bragging about being a “twitter crypto guru” who lost it all on his terrible bets, got a massive divorce, lost his kids, etc. he claimed he was going to get it all back though! i’ve never seen a commodity so rife with crooks, cons, and snake oil salesmen besides maybe essential oils.
i'd be surprised if it is only a third, maybe it is just a third that will admit to it. i love the idea of crypto, and i've tried to do research, but honestly i do not really know what i'm doing. i put money in, and then sometimes it goes up, sometimes it goes down.
buy good coins hold for at least 5 years? am i doing this wrong?
damn that is me
there are people who know what they’re doing?
it’s essentially roulette (spinning the wheel) and i made almost 40,000 dollars “not knowing what i’m doing”. so yeah; sit on your empty bag of knowledge... 😂
neither do i but i’m still in this thing
90% of statistics are made up
how many stock investors do not know what they are doing?
coworker at a new job told me he’s getting into crypto. his buddy convinced him to put “the price goes to 10 cents.” my immeasurable thisappointment when he told me he’s talking about shiba.
a third is like 130% of us right?
i am the 33%
pretty sure 100% of cryptocurrency investors have absolutely no idea what they are doing. that's part of why this stuff is so exciting.
probably unpopular opinion, you do not really need to know what your doing. have a little extra money? buy some bitcoin. why does it have to be more complicated than that?
you’re just mad because i don’t know what i’m talking about.
can confirm. i am a moron.
i feel personally attacked by this post and would like to speak to the r.
i'm definitely part of the no clue brigade. but learning more each day.
comments are all about the first few sentences before the paywall, lol fuck whatever else they have to say, it’s probably nothing anyway
i have not invested in crypto but man do i not know what i'm doing either
lol me. green line go brr.
it's true. and i'm dumb enough to make up for anyone that actually knows something. i'm like double dumb.
you mean there are guys who know what they are doing?
and how many stock market investors do? if you answered any thing less then more then 1% then your an idiot. you think crypto it manipulated? go look at the shit wallstreet is doing. scam coins won’t crash the market. synthetic cdos did. they literally make their own fake versions of stocks and trade them gambling on the outcome of the real stocks. buying shares in a dark pool and selling on market to suppress the price. can’t do that shit on a blockchain. people say that crypto is bad yet once it’s price stabilises it will be the safest asset imaginable.
considering how many people have investments in the stockmarket and do not know what they are doing. that's pretty standard in my opinion.
me too, but i did at least figure out how to buy it.still waiting for coin mama to send me my certificate of ownership they have my email address when i bought xrp they said put in your email address.oh wait ,should i have put in my home address?
there's one more with me
what's new? same situation in the stock market.
i would have guessed that number was closer to half.
i knew the cryptocurrencies are in a bubble when my local deli's owner in turkey began telling me about how i should buy bitcoin because it was easy money.
buy low, sell high.
i would also quite like to know how many people "do not know what they are doing" when buying bonds, shares or mutual funds. i've dealt with many clients over the years who do not have a clue about investing in shares, but just wing-it anyway. don't get me wrong - i'm sure lots of people do not know what they are doing when buying crypto either. i just do not think "uninformed investors" is not an exclusive feature to the crytpo asset class.
i'm surprised that number is so low ;-)
buy and hold how hard is that?
i’m in this picture and i don’t like it
correction. a third of cryptocurrency investors don’t know what they are doing, and the other 2’t understand how to be successful at it.
pretty sure you can say the same thing about the stock market, options, real estate, work, life, and adulting
if i’m in the top third of anything that’s a miracle!
this is certainly an angle we have seen launchpads perform as they take time to educate their communities about the project using their platform to launch their tokens as these provide timely information aimed to help this category of persons understand what they are getting into.
does a third of stock market investors know what they are doing?
crypto garbage reminds me of the penny stocks before they were essentially regulated out of existence due to the endless fraud. what they would do is they would create a new company out of their bedroom, give it a techy cool sounding name, pay for ads with fake stories about pending partnerships with ibm and other major companies, and then drump millions of shares of penny stocks in the company that the little guys could invest in. the world of stock investing was finally gaining a lot of hype for the average middle class family to invest in it, and they were sold absolute garbage penny stocks that were shells of companies with no product or value and we're mainly marketing schemes to scoop up the money of all of these investors that did not actually know. wolf of wall street dude made his fortunes selling people these garbage stocks. my point is that modern day crypto s***coins are the exact same thing as the old garbage penny stocks, but even harder to regulate, so people get sucked in by the marketing and buy garbage rather than actually just investing in the legit stuff.
a third don’t know what they’re doing. the other 66% are lying
neither do professional investers. they do not controll the crypto market like they do the normal markets.
im guessing you do…
and in other news, every sixty seconds in africa ,a minute passes
can confirm as part of that third.
wait, what the hell?! how did i end up with 5k worth of bitcoin? i was trying to buy tools
how the fuck did this get so many likes and comments...ohhhhh vayyyy
it's way higher than that. shit, i probably fall into that category even though i been here since late 2017. still learning this apr shenanigan's.
i know more about crypto then most people and still have no idea what i'm doing when it comes to investing.
do any of us know what we are doing!??
what's it for stock market investors?
atleast they will have a chance to make money or lose it :)
unless you have a deep, deep like insider knowledge of the field or company you are investing in - it can be said you do not know what you're doing. people throwing every spare cent into s&p 500 index funds are considered investment geniuses- and how much brainpower does that take? that's the basic level advice you get from 5 minutes or investing research. almost no one really knows what they are doing. all that being said - investing in bitcoin or eth a few years ago was a fucking smart move no matter how much you know about how the tech actually works. results are what matters most.
just bought chuck e cheese coins. i’m gonna be rich.
all you gotta do is buy and hold btc're a professional.
this number seems oddly low
you buy when it is at an alltime high then it crashes and you sell. how hard is that?
good! market innefficiencies are necessary to have gains.
i suspect that’s a low estimate
ummm something something market cap something something to the moon? did i leave anything out?
bullshit. it’s way more than that
that number seems to small 😂
i have no idea what i am doing. im enjoying it though so that is nice.
cryptocurrency seems to operate on collective ignorance.
for those that have never bought crypto, ignorance is bliss for those, like myself, who have fallen down rabbit hole and own and promote crypto, who really understands blockchain, pow, pos, sharding, roll ups, l2, parallel chains, the trilemma — the list goes on and on, but you get my point. do bitcoin maximalists really understand. how about blockchain maximalists who eschew multichains. blockchain and crypto is a work in progress and so is our understanding!
all we know is stocks are for boomers and we are the winners. kidding but yea blind life
read through the daily and you'll realize that a third is a gross underestimate.
i thought this was a casino?
i think its more than 1
like the stock market degens (wallstreetbet) do know what they are doing. tbh over 40% people do not have any clue what they are doing irl.
lol i perfectly know what i am doing i buy meme coins and hodl them to the moon i am already up -90% !!
i hate it when these main stream articles state definitively that certain events are the reason the price changes. maybe it was and maybe it was not, who the fuck knows. just do not state it like it is fact.
i'm mining to get invested in the sector, so it all feels like found money to me and i'm not worried about getting paper-handed and selling. portfolio allocated 50%, 25%, 25% in btc, eth, and algo, respectively. eth is staked in eth2 on coinbase earning 5% interest. algo earns 4% currently. am i doing it right?
i think i speak for the 1.🤡🤡🤡👋👋👋🚀🚀🚀🚀🚀
i just yolo into eth and cro
me and four of my friends are into it, and none of us know what we're doing.
the other 2’t know what they are doing, but they memorized some tickers
that what she said. my gnana and skill tokens say otherwise 🚀🚀🚀🚀🚀
oh yea? then how do you explain me going from a -30% net loss to a -20% net loss?!
does anyone know what they are doing? in trading nobody can predict the market 100%. we just make our best guesses. some guess better than others. none of us know what we are doing though.
a third of crypto media articles don’t know what they’re doing
how many people own equities in their 401k’s finances or have done research on specific industry or sector? meh.
the other 2're in, who is president, and what we had for dinner last night.
if you know that you don’t know, do you know or do you not know? i know! that i know others know what i want to know and that means i will know when everyone knows. because knowledge is power
most people cannot even eat properly so a 3rd is pretty good.
a lot more than that haha,.
i’m not sure they understand the regular stock market either. (i don’t.)
a third? talk about hopium...
a third? what’s that like 3%? of course i know what i’m doing.
my goals are beyond my understanding
i smashed my 3090 to pieces but no coins came out. what did i do wrong?
same could be said about living.
that’s what i like. i bet against them…...
uhhh do you mean just buying crypto in hopes that the price increases?
i know that i do not know what i'm doing. what does that make me?
na more than a third. i would say more than 90% have no idea what they are doing.
wait is hodl bad now?
🙋 isn't crypto just currency on the moon?
more like 33.3%. repeating of course.
just assuming, but that sounds like a huge under-estimation…
i don’t know much about my 401k but i’m paying into that too 🤷🏻‍♂️
i’ve never considered myself much of a mathematician, but i’m pretty sure 97% is a lot more than “one third”
i do not even know why i read that.
color me shocked! also, stock investors don’t know either and it’s way more than a third for both. 🤣
i have no idea i just like say i got some alt coins stackin
and most of them are on this sub
bahahaha they said a third 😂
1’t know what they are doing*
you accumulate, that is what you're supposed to do. the world is barely aware of cc, see # of used btc adresses for example or daily used btc, the data lays infront of your nose.
yeah not gonna pretend like i know what i'm doing. i know the basics but half the lingo on cc reddit is gibberish to me
wait, what is there to know? i’m still waiting on the mailman to deliver my bitcoins.
i don’t get it ? you research until your white board is full of acronyms and then you buy and sell.
tldr: hodl you apes?
i've been in crypto over 4 years now and definitely understand what i'm doing, the thing is if i actually explain it it is not the story a lot of people want to hear. there are multiple sides and angles but the main one is gambling via the creation of stories to grab people's interest. btc and eth drive the casino and new people come every cycle chasing the stories. people who are seasoned and understand this sell the cycles take money away from all of these newcomers then take their bitcoin away from them when they give up and prices crash only to repeat the pattern again. crypto is literally the world's greatest casino the part that gets me is in november of 2018 the news cycle was very negative. bitcoin was trading around ,000. so many people had no interest it was just a lot of older tinkering guys in the bitcoin forum. big business, some of the new scam projects, the halving takes place and they start creating all of the positive stories, lo and behold lots of people are interested in crypto again even though the price is 10x higher. lots of people just chase stories and it makes me laugh every time i take money away from them. there is a potential we have another rally this year going into december. it's hard to say. in my opinion the easy money is over and the next trade is going to be loading up around 10,000 provided we do not make a higher high into the end of the year which would change the math one of the other amusing things is people obsessed with trying to call the absolute top or bottom. it's like chasing unicorns. i've always suspected they are just introverts trying to get attention on social media but it is an absolutely terrible habit and mindset that if somehow you do pull off has more to do with luck than any kind of skill or reasoning. like there is a substantial number of truly broken people that would rather have a ten thousand up votes on some ridiculous social media site than make ,000 if no one knew about it
article from the independent in the uk. totally seems legit 🤣
let me put it differently: traditional valuation methods don’t apply to crypto so 2 i think that’s my takeaway…lolz
100% irl, it is a casino 🎰
finally i'm in a top 33% of smth
there's no way that is possible. pretty sure two-thirds of cryptocurrency investors do not just hodl eth.
and they are all on this sub.
two thirds think they know what they are doing.
does any gambler know what they are doing?
yep, no clue what i’m doing
buy high, sell low right?
fomo then sell at atl out of frustration, right frens?
as someone who absolutely has no idea what crypto is but still invested i really feel this haha.
this is bigfoots preffered payment method right?
the other 2’s are lying
no one knows what it’s going to do. okay
th entire article quotes arbitrary numbers with 0 data evidence, data from behavioural finance specialists oxford risk suggests 36 per cent of uk retail cryptocurrency investors admit their understanding of the sector was either non-existent or poor when they bought. little research shows about 20 people at the company with some definitive credentials on those people, you’d think they’d use better data sets instead of of the ones in the article.
what do you mean i thought you just buy it and hold?
i guess i’m part of them
is this the toilet?
can confirm idk shit or how to move away from doge
just a third? ha, bullshit.
can confirm. source: i have no idea what i’m doing.
and most investors do not beat the market. in other words they do not know what they are doing. that means we might know more than professional investors.
i finally feel seen.
two thirds think they do
i’d say 1% kinda know what they are doing. 99.9% who made out big were 100% lucky with timing!
a third of investors don’t know what they’re doing. fixed it.
what are we supposed to be doing? not investing in crypto?
wait, what are we doing?
thats because people who invest a few 100 dont have time to be researching and keeping up with this shit on the daily
90% of retail investors just buy tesla, gme, apple, or some other shit they gave no comprehension of, ie recycle rates on a lithium battery, or the dynamics of a short squeeze, or what a bloody transistor is
how does one become a “know what they’re doing” investor? i don’t just buy on coinbase and hodl forever?
i'm supposed to buy stable coins and hodl right!?
shiba is worth 3.2b. it's way more than 1.
but a third think they are the other 2. maybe even me!
meanwhile in other news, water is still wet and the price of tea in china is of concern to everyone.
i don’t know what i’m doing.
anyone who thinks cryptocurrency is actually an investment does not know what they are doing.
multiply that by three
ignorance is our ammunition
i do not know shit about anything, but i know there people online who think the stuff is a store of value versus inflation and will buy it when it is high.
because crypto was not meant to be an investment
hey! i may not truly know what i'm doing, but who said i want to??
my cats breathe smells like cat food
surprised the number isn’t higher
umm probably more like 75%
what? i know exactly what i'm doing... gambling.
okay i did the math. the correct # is 82%
i've made a bunch of money so i'm not asking any questions.
crypto investors? this applies to most anyone regardless of the market.
that why i join crypto!!!! yolo balls deeep
some of my best moves were made by simply asking myself, "what would an idiot do?"... and then just do that.
if 3% of cryptocurrency traders know what they’re doing i’ll eat my shorts.
this is clearly false. 1. buy high. 2. sell low. 3. repeat. anyone else doing this is not in the third. we are crypto experts.
most people i speak to who invest in etherium don’t even know what gas fees are.
maybe they do but the poll taker has it all wrong.
id say a third think they do not know what they are doing. i think more than half would have no idea but think they know something
what exactly is the threshold for "knowing what you're doing"?
i don’t know what i’m doing
if we follow the 2, we're good right?
buy bitcoin, never sell = safest strategy
and the remaining two thirds have no idea either.
what is there to know beyond buy low sell high? honest question.
a third of crypto investors know they do not know what they are doing...
lol closer to 100%. let’s be honest it doesn’t matter how pro crypto you are none of the coins have real world applications yet. we are in the crypto infancy still so let’s not act all high and mighty.
of course we know what we’re doing!!!! 1) open account 2) deposit money’s 3) ************** 4) profits and that my friends is how you crypto! ta-da!!
as a top 125 moon holder, i only just now know what i’m doing
to be fair, there’s nothing to know. you can’t do dd on crypto. understanding the technology means nothing in terms of investing.
i have no idea what i’m doing and have the littlest understanding of how crypto is valued or works. but hey money go up sometimes.
hodl and make interest in celsius (also turn on hodl mode in the app so you can’t withdraw for 24 hours after turning it off). that’s the only way i can prevent myself from doing something stupid (beyond the risk of investing in crypto assets in the first place, lol).
wym??? we wait for mountain graph to go up then we dump no?
what's there to know? drop money in the cheapest coins and pray for a new bitcoin.
i’d say it’s a lot more than that!
can confirm i have no idea what i'm doing
more like 100% of people who are not vitalik buterin
i just can\`t thiscribe me better =d
it’s really sad as well. i met someone 4k into doge coin and that it would go up forever
100% of this investor does not know what he is doing. and that is a fact.
can we admit no one knows what they are doing? what did your horse smoke, because it is very high. maybe you want to come on down off that thing.
it’s me. i’m third.
i am just happy if i get lucky with one coin. lol
byyyyeeee mod omg getting so sick of yall
raise your hand if you do not know what you're doing ✋
seeing doge in the top 10 yup. this is accurate
i would say you can only fully know and understand what you’re doing by mining and storing crypto. if you’re relying on others to provide and store your crypto, i would say you might understand the concept of crypto but you don’t fully understand it from a programming, once you start getting in to things like hash rate etc then you can say you know what you’re doing but even then you have the whole market side supply
haha well, they have to spend some time reading about crypto before doing anything.
i don’t even know what i’m doing with my life
in fairness this number in realestate and stocks is higher than that
a third of humanity don’t know what they are doing
buy high, sell low. what else do i need to know?
fuck that! i do my research!
i know what i'm doing. it's call getting rich.
only a third? please
that's 1 in 3! i do not know enough crypto investors.
the real story here is that 2
me like cryptocurrency. cryptocurrency go brrrrrrr
a third are .
wait. you guys know what you're doing?
aren't we all pretty much speculating anyways? unless you are a market maker, i feel like it is all a gamble anyways.
and a third of retail investors in stocks do not know what they are doing
buy low sell high. if you lose, you lose. don't buy anything but the top 3 because obviously. disabling responses because they will all be mental masturbation by the owner.
just a third huh? i don’t know what i’m doing so i feel like it should be higher number
this is dumb, you can probably say this about people who invest in anything. stocks, housing and etc...
im just throwing in a few bucks here and there on the off chance one of them has stupidly insane returns decades from now. better odds than lotto… 🤷‍♂️
as if the average conventional investor has any more idea. most stock bros just buy whatever company stock they like.
probably more than the amount tbh. i think many got in when they see influencers shilling it
i know what i'm doing. i'm hodling
a third? those are rookie numbers
and two thirds are filthy liars.
shit, i could’ve told you that.
i would probably go over on the, bro. fyi myself being one of them. lol.
hey, they are talking about me!
that’s literally just life nobody knows what they’re doing anywhere
think of cryptocurrency like a chair. buy it, and then sit on it for years.
what’s there to know? you use some coins to get some steaks, wash down with some liquid and when you wake up in the morning you have a nice boner.
can confirm i have not idea what i am doing, but i know enough to k ow i do not know what i am doing.
it’s the year 2970 and extraterrestrial life has thiscovered earth. in the ruins of where humanity once existed the form of communication had seemingly evolved into a few select signs... 🔥🔥🔥🚀🚀🚀🚀💎💎💎💎💥💥💥💥💥🚀🚀🔥🚀🚀💎💎💎🔥🔥🔥🔥 these extraterrestrials decided that this would take time to decode... these signs all pointed towards the concept of crypto currency... which was the fallacy of man... leading to the eventual downfall and de-evolution of speech into 🔥🚀💎💥💥💎🚀🚀🚀🚀💎💎💎...
that's me, i'm a third of all investors
do you know what you're doing?
there are so many false information online. being able to verify and not trust is a skill.
i mean i invest in the us dollar and i don’t know what i’m doing either ¯\_(ツ)_/¯ context: am american.
a third. that’s adorable. maybe 2
more like banks never knew what they were doing but now we have legit global forums.
take out "cryptocurrency" for a more accurate headline... and then change the rest of this "retail investors are idiots" article
so? it’s the same for other types of investments.
i have a friend that just invested in a new bitcoin cause it’s new and he has no idea what hes doing
is that "third" people who do not even know what internet if? i do not believe that over 66% of investors know what they do. there cannot be that many of them and so few of us who have no clue lol
how fucking hard is it. you buy. you hold.
remember 47% of all statistics are made up on the spot
we're making money duh
most of the people i know who are invested in it call it a stock. that’s why i got tf out with my gains.
there are crypto investors that know what they’re doing?
that is exactly what their advertisements intended. that’s their target audience. the number is probably more.
✋ that is me
i doubt it is only a third. no one knows shit about fuck after all.
doge is a top-5 market cap, so definitely more than 1
guarantee it is closer to 95%
i just buy . guess i’m probably in the 25%
at least i know i do not know
“investors” lol you’re all gamblers, get real
yeah i have no idea, so i buy and hold i have no idea how to read technical analysis or what the charts even mean , except for price is up or down. the rest of it i don’t have enough money for. like staking ,lending ,trading pairs futures or whatever else.
i think i know what *steak* is
you talking to me!!
how many people who invest in their 401k actually have an idea where it is going?
so… about the same as real estate and stocks…
i do. buy regularly. hodl. what more is there to do?
it's crypto. nobody knows what they are doing.
change that to 80 percent and you have an accurate picture. 550 thousand members of the shibi inu sub...thats like 10 percent right there... nano shillers...another 10
and the candles look like it!?
does this include people like my mother that bought a bunch of btc and eth on binance during the last dip because although she does not fully understand what crypto is, she wants to not be left out of what is clearly the future of finance? this is perfectly fine. not everyone needs to understand, just to know that they should own some and less money printer go brrrr fiat.
lol people still buy crypto on robinhood. gotta be more than that haha
i mined eth on launch, and i do not know what i am doing.
i am certainly part of this 3rd
do you mean all of them?
comment if you do and comment if you do not i'm going to make the biggest sample size i can and crunch the numbers
they are giving us too much credit
nice try lincoln, you would not stop me from listening to this the trove of knowledge and utter integrity reddit is.
well, you need education and spend time daily to know what you are doing. like me, most people do not have either.
can't find any where in the article to back up their claim in the headline
how many dollars investors don’t know what they’re doing? and it matters because…?
i know exactly what i'm doing
that's a great metric... how do you measure "do not know what they are doing"? many people know about their specific coin, and many will just hold anyways. if they believe in the coin long term, then it does not seem like there is anything wrong. if they are trying to time the market with their ideology of market trends, then they could be wrong and not know what they are doing.
wait people know what they’re doing?!?!
money machine go brrrrrr
didn't read the article or comments and i think 1
i'd wager that a majority of that third have only bought crypto using robinhood or paypal.
is that the third that have a 'system'?
so are you trying to harass the people who do not know what they are doing, or are you trying to help them?
one third? that's optimistic.
how is this any different from anyone investing in anything.
i am the 33.333…%
that’s like saying “a third of all dogs don’t know how to read shakespeare.” while technically true, that’s only a sample of all the dogs😂
i am that 1 third
the other 2’re doing
nobody investing in crypto knows what they’re doing.
buys magic internet money in the hope it is more valuable in 5 years* guys am i doing this right?
every financial podcast i listen too which include professionals, professors, board directors and humble value investors all admit they do not understand crypto after years of research. no one understands this shit but about a room full of people.
unpopular opinion, every crypto "investor" does not know what they are doing. crypto is a new firm of currency that operates on a purposed future. literally no one can estimate its value and all of it could be literally worthless overnight. if you're using crypto primarily as an investment and not as an alternative currency, then you're doing it wrong.
this probably also applies to other investment vehicles like mutual funds. there are always going to be idiots.
look mom i made the news!
u buy crypto then it crashes and you panic sell. what’s don’t they understand?
whydo you have to personally attack me man?
i might be that third, i dont know
so… what am i suppose to do with it?
i 100% do not know what the fuck i'm doing but sure learning quick the hard way!
i am offended because it is relatable.
and that margin comprises this whole sub.
funny thing is i’m not from the uk and they are writing articles about me.
honestly... stocks are about the same way.
and what percent of people who invest in the stock market ‘know what they’re talking doing’?
do 100% people understand money?
hey! i know what i’m doing. i browse reddit, put money in, look at graphs. that’s it.
a third do not know what they are doing. half think they know but do not. of the rest, some have an actual idea, but still are blank on at least some details.
a third?!?! lmao we're just throwing shit at the wall and seeing what sticks.
60% of the time, it works every time. ceo of odeon
... while the other two-thirds fully understand that what they are doing is taking the moon rocket to dankmemeland with daddy elon piloting all the way until shitcoinsupremenumberonebest takes its rightful place as the new global reserve currency, market cap eighty binzilliogillion (totally useless) us dollars. lamboteslas for everyone!
well i'm definitely part of the 50%.
this is what i hate: some guy at a cafe i go to who always does everything wrong asks me to help him and he’ll pay me. but then he just ignores it and continues to do everything wrong. he told me stuff about ethereum that was totally untrue and i brought that up to him and he’s like, “ohh uhh i knew that.” he never uses his own node. he tries to buy graphics cards and hardware for more money first than he’d save if he just was running his own node. he keeps everything on exchanges. he buys into all these shitcoins nobody’s heard of just to follow trends. he doesn’t use any hardware wallets. the guy tries to time and predict the market and he dumps everything after it reaches a new high (which would incur a greater possible tax liability than if he just held for a little while.) it’s like he wants everything to fail.
do most people buying stocks know what the fuck they are really doing.? i doubt it... it's just a lot of mass psychology... heck nobody can even prove we're not in a simulation so fuck it. it sounds fun. lets go eth!
guess i'm there. just know i put money in and more money comes out.
if i need to understand every thing, what will smart people do?
i fall firmly in that category. *buys more usdc and hodls at 8.88%.
you do not have to know what you're doing. learn how to save your wallet securely, buy however much eth, ada, & btc you can afford each month, and plan on holding for 10+ years. not too hard.
paywall. mods- don’t allow paywalls. they ruin your subreddit
i just lost a dollar in margin trading by leverage i do not know what the fk is leverage i just know cleavage 😏
lol me and all my friends that have bought any crypto don’t know what we are doing. also, anyone i talk to about it also doesn’t understand what it is. unless this is a very literal statement and people are buying crypto and not even knowing it is crypto.
i would wager, no one has any clue what’s going on with crypto.
its more like 99% . trend is trend
pump those numbers up, those are rookie numbers! i want to see 60, 70% of people who have no idea what they are doing in crypto.
and we're all included in
you can kiss a third of my ass.
you spelled “all” wrong.
a third of pricks who call themselves journalists are desperate for attention.
*nervously looks at the two other people in the room*
i have no idea what i'm doing. i just invest in what i personally believe in.
“blockchain expert” in social media profiles up 100000000%.
yes, rep. sherman should push congress to pass a law cancelling bitcoin in order to protect investors.
i think the devs do not know what they are doing either so can we agree we are 99.9%
it's way more than a third.
instructions unclear. got dick stuck in toaster.
i sure as hell have no fkn clue
1889 headline - “2‘land rush’ participants don’t know what they’re doing.”
just put my name next time.
two thirds of cryptocurrency investors are lying about knowing what they are doing
i'm sure 90% do not know how to trade normal stock
a third of "investors" do not know what they are doing.
i was close to a truly incompetent crypto investor this spring and it was one of the most annoying things i’ve ever lived through.
how dare you talk about me like that
the value of my portfolio is going up. did i do something wrong?
the same is probably my true of people getting a mortgage.
ofc we do not know what we are doing, that is why we are here in this subreddit in the first place.
there are people that know what they are doing?
a third? there are maybe a dozen people that own exchanges or get insider information some other way. for the rest, it is just gambling. not that much different to the "normal" stock market though.
and thats why i’m not investing into crypto. i see people throwing money at small currencies with no path that is leading them.
and proud of it! 33% strong boys! 💪
yes, and the other 2.
less than 1% of the world's population is invested in crypto. remove btc, eth, and a few stable coins and the number is near zero everyone should research, but you do not really need "to know what you're doing" because if you bought eth, btc, etc 1 year ago and hodled you'd probably feel pretty good about letting it accumulate. of course there is a tiny percentage of people trying to day trade crypto, and i'm sure most of them that are human are not very successful... but it is a number of investors inthistinguishable from 0 when it comes to the world's general investing population. i do not think anyone realizes how far real mass adoption is away. we're all still early in this game.
what about the other 80%? edit: sorry, 97%. thanks for the correction
and two thirds of those are on reddit.
i bet this number is around 80% when it comes to traditional markets. just goes to show how good crypto is for self-development
surprised it’s not more. i’ve not got a clue. buy stuff, hold it, see what happens in a few years. don’t understand it. all i know is i buy magical internet coins and they either come back as more money or less money.
i would be surprised if 5% of people "investing" in crypto understand any of it at all. maybe they mean like a third of the volume of crypto is traded by people who do not know what they are doing? and the other two-thirds is traded by a few dudes that understand it and are taking everyone else's money? i know i've bought and sold it and i do not fully understand it.
a third of people in general do not know what they are doing
can confirm, i have no clue what i'm doing. i'm just letting my current crypto marinate and accumulate mined eth. i have not even looked at my coinbase in a hot minute
i buy what reddit tells me and hold
i would like to know what the qualifying areas are for knowing what you are doing is.
i’m just happy to be here
buy doge and hodl. not very difficult.
can confirm that i don’t know what’s going on but i’m trying to learn!!
of course i know what i'm doing, i'm playing russian roulette with my retirement.
i mean yes? every time i open coinbase i feel as smart as [doctor nick](
wow. this is the fire time hearing about this.
it puts the money in the wallet
this reminds me of a survey which asked 1000 people if they thought they were better than average drivers. 90% said yes. 😊
you mean to tell me there is more like me?
seems lower than i expected. i try and learn more every day, but it’s a fairly complex subject. that being said i fully understand the utility of a coin before putting any money into it. anything less is just gambling.
no no you’re getting it wrong. i know exactly what i’m doing. i’m losing a bunch of money that i’ll never gonna see again! checkmate!
pretty sure the number is closer to 100%. we are all in uncharted waters baby.
this just in: a third of idiots are idiots.
a third of all articles relating to crypto are misleading, inaccurate and essentially amount to click bait.
what is there to know? spread your money around, buy, hold.
i'm a third of something!
bringing them just shy of stock investors.
that is the third that everyone makes their money off of. a couple of the cryptocurrencies started out as memes (a joke).
a third do not know what they are doing. because 3
what is there to know? you buy it. you watch it go down. you do nothing.
wait, some of us know what we are doing?
this holds true for almost every single financial instrument.
holy shit this sub contains a third of all crypto traders?
wow article about me! nice.
i'm a simple man. i buy and hodl btc.
i thought like 90% of crypto "investors" did not know what they were doing
instructions unclear what meme token am i buying?
what does that even mean?
i can vouch for that
wrong! 100%! crypto has never existed before and no one knows what’s going to happen with it.
66.66% of crypto youtubers and analysts also do not.
why did they include me in the statistic?
not knowing what you're doing, but being a part of it, is better than being clueless and not part of it! you miss 100% of the moons you do not shoot for.
when the market halves after an elon fud tweet i’d day it’s more likely half investors don’t know what they are doing
i make more money when i don’t know what the hell i’m doing.
when considering whether to invest in crypto or not first ask yourself "is it an alt coin" if the answer is yes do not invest, chances are you someone else will profit off of your naiveté.
i do not believe that a third do either
i feel like this applies to most investing not just crypto.
that seems highly optimistic. one look into r
just from being involved in crypto i would say it’s a lot more than a third. i started in crypto in 2017. got completely rekt. took the next two years off trying to learn more. dove back in in 2019 and still feel lost at times. it’s a rapidly evolving space. the best advice i have for anyone is recognize you know very little and push yourself to keep learning.
i strongly doubt that any percent of us knows what we're doing. that's part of the fun.
but i'm doing it anyways! i think
can't be a third because i remember seeing a first page post here about us knowing shit about fuck
the other 2 thirds do not know what they do not know
im one of them cheers
i’m willing to bet it’s a lot more than a third. i’m pretty convinced that just about no one knows what they’re doing when it comes to cryptocurrencies. whether here, or elsewhere, i have never heard anyone being able to properly explain why they invest in crypto, and why they specifically went for the currencies they did.
it is probably similar with forex trading, stock trading etc
what percentage of non crypto investors know what they are doing?
and i am in the one third who do not know why cryptocurrency came into trend.
could be true. sometimes i do not know what i am doing.
agree, i have no idea what i'm doing and i'm one third of a whole me
no i do not lol.
36% of uk crypto investors admit they have poor knowledge in crypto according to the article. tons of people probably said they also understand it but don’t know shit about block chain. at least in america, every crypto investor i have met (small sample size) is very clueless. more than 50% have no idea if i were to guess mostly because the influx of investors this past year just buying crypto because it’s “going up” plus all the meme coin publicity by celebs.
only a third? i swear about 100% of peeps in the stock market be driving with a blindfold on.
damn it... im in that third percentile
i think that is a typo. you mean, a turd of investors do not know what they are doing.
yeah? take a look at the stock market, i mean what do you expect
a third you say? now i'm no expert but that is at least 5 of us, right?
that feels extremely generous
the title is weird. if it says a third of the investors do not know what they are doing, does it means they do not know they are investing?
wait, i thought it was 100%. that's the only reason i invested!
what do you mean ? it's all about buy high sell low right ???
shouldnt it be 100%? noone can really predict even 1 day in advance, so everyone is just guessing
more like 90% lol
legit no one knows shit about crypto. even if you’ve watched youtube videos and shit explaining it, you don’t know shit. no one does, anyone telling you they understand crypto is a liar
when your commodity can’t answer the simple question, “what is it?” then, yeah, a third of your investors won’t know what they’re doing, because no one does. it’s a giant collective delusion.
i do not know about investing but i know how to do something else with my crypto
the other 2’re doing.
why is this blowing up? is this a surprise?
sounds higher than the general population. :) nobody has any idea about anything.
wait, what? you guys know what you are doing?
a third of ~~cryptocurrency~~ investors don’t know what they’re doing
i do not know what i'm doing with anything in life if i'm being honest. crypto especially
now lets see how many in the stock market retail investors know what they doing lmao
wow i’m being called out
i've been into crypto since i was 15 and i still have no idea what the fuck i'm doing
3% lie and say they hodl.
if investment journalists knew what they were doing, we would all be rich.
how do you even pull this statistic lmao
coul be even 2
finally some goddamn recognition!
good to see i'm not the only one
so like one million of the subscribers in this subreddit?!i'm sure though, most of the people, think otherwise!
i just blew up my futures account, again. i guess i do not know shit
i know what i'm doing, coinbase offers me free crypto for a quiz i do the quiz, crypto drops in value, i do another quiz. easy
shit more than that
i think it will be more than 1. many of my friends are now getting into crypto but only because they are seeing it on news and reading about all the crazy stories where someone made 100s of thousands of dollars due to btc, ethereum, dogecoin etc and not to forget papa musk (those who still follow him) . they are not interested in reading about the projects, future plans etc. just get in trade and get rich is there thought process
i do not know what i'm doing in any aspect of my life, especially my finances and least of all "investing" in magical internet numbers.
only a third? i though all of us do not know shit about fuck
whats not to know? you buy high, hold and then never sell
it is true. many investors are uneducated and treat this as a game.
never has a truer statement has been posted here 😆
i'd say a third do know what they are doing. the rest of us are here for the ride.
if you wait until you fully understand the stock market before you enter it, you’ll never be in the stock market. it’s the same with crypto. you learn as you go. you can definitely have your favorites that you do hard dd on, but you couldn’t possibly do this for every stock or crypto out there. at the same time, some kind of etf or similar is usually a good idea for risk reduction.
wow, only a third are from wsb? i thought it would be more.
crypto has been the funnest way i’ve lost money
the top 33% just live differently
does anyone really know what they are doing when it comes to crypto? aside from the millionaires who pump and dump then bounce. the rest of us just hope for the best really. the only one that knows everything is someone who can predict the future.
i know what i'm doing, and i do not know what i'm doing
all i know is if the charts go down i sad but of charts go up i happy
and those are the smart ones.
almost certainly this is response bias. not a lot of people would actually admit they do not know what they are doing and a larger amount think they do, but do not.
i do not know shit about fuck
hi. my name is a third. you rang?
how do you know what investors are doing is right or wrong?
if 90% we don’t know what we are doing is that the other 10% don’t come here to tell us how is done because are too busy relaxing on their yachts and don’t give a fuck about anything. right?
i resemble this remark
i know what i am doing, buying moon coins with zero research
that's a lot more than i would have guessed tbh
that title is optimistic. 99% of investors are just following the hype and fomo. a tiny fraction actually cares about the technology.
i think everyone is trying to make more money
it's all gambling anyway. always bet on red 😉
i dont even know what reddit is
true. i do not know what i'm doing tbh lol
i'm trying to figure out why crypto currency has a value. salt has value because of what it can do for people (preserving food, adding flavor to food, etc...). even caps in the fallout universe makes sense too. i think fiat currency is terrible. i just want to know why crypto is something that people believe has a value and what it is backed by. does that make sense?
it obvious anyway am still invest on , a very good legal representation ecosystem dyor
i think a lot more than that actually have no idea of what they are doing. the wise ones play safe by avoiding daily trading. they just buy their favorite coins with strong potentials like .
many projects in the past were related to security encryption and also to nodes, but it can be said that strongnode is truly revolutionary. the ceo of strongnode is none other than daniel saito, who has several billion companies behind him. they offer the best data processing and storage capacity as well as extremely low latency compared to the central cloud. another and for many a decisive advantage is the ability to generate passive income through unused resources such as cpu. maybe i could convince you with my words to take a look at the litepaper, it is really interesting.
this is completely wrong. 99.5% do not know what they are doing... the remaining 0.5% are market makers who are pushing the hype coins and "investing" themselves at just the right times before they rug pull... lol...
oh please teach us king crypto. 🙄
more like three thirds. pretending like you “know what you’re doing” just tells me that you definitely don’t.
this isn’t news… 1’t know what they’re doing
yeah me who invested on feg , safemoon , shiba , doge , baby doge and raven 😞
better than stock market investors where 90%+ don’t know what they’re doing…
i know what im doin motha fucka im gettin dem gainz boi wassup
73% of all facts you read on the internet are made up
the other two thirds think they know what they are doing.
that’s because they made it up.
thats because the other 2 thirds lied
they should visit this sub and they bump it up to two thirds
i agree. and i'm in the 90%.
you mean “when lambo?” doesn’t count as knowledgeable technical analysis?
most people on this sub don’t have a [dyor checklist]( and wing it. i was like that at one point in time.
i'm just happy to be here
2 months in, 100% sure i'm clueless
i think this extends to general life, most people do not seem to have a plan of where they want to be in 5, 10, 15 years. same as crypto, i do not think many people have a solid plan regarding their crypto future which is why so many sell at the slightest sight of a dip.
ha. i'm part of the 9% that know that whatever they are doing, they are probably doing it wrong. i'll leave like 1% to devs i guess.
yeah. these are self-report data. so the other 67% are either lying, in denial, or clueless.
may you pardon me, i dont know either.
can confirm, i dont know what im doing
i’m part of the group, regardless of how you measure it 😂
your estimate has a 10% chance of being wrong by your account.
yea i do not think most would even be able to explain decentralization
i was gonna say the same.
the difference between knowing you're not knowing what you're doing, and thinking you know what you're doing.
i am happy to contribute
i would say 95% or more atleast in india.
wow! we've only got 9% to go to catch up to the current administration and their understanding of the economy (and most other things). you can do it! run forrest! run!
buy high sell high ![gif](emoteemo_pack_1dancing_wojak)
i'm amazed i can put on my own socks some days
that still feels generous.
i'm one of them, i just buy and hodle. is that all that you need to know?🤔
no kidding. even in the stock market most private investors do not know wtf they are doing; i imagine it is much worse with crypto since it is newer and few people understand what a cryptocurrency even is in the first place.
we’re all high on hopium. 💎
yea for sure 90…. easy. i didn’t know anything at all when i first got into it. still know little.
i have no idea what i’m doing or how i got here, but i’m having a nice time so that’s all that counts!
i know i had money then i traded it for magic tokens made of pancakes that are earning me other magic tokens made of carrots because internet.
i would say more like 99% do not know fuck about shit. the rest are places like wales who control the price
yeah it is well into the 90s
i'm gonna hodl doge till i die
finally an article that relates to me
came here to say exactly that. i’m definitely in that group...
keith, i'm sure you're a fucking expert
we do not know shit about fck.
i'm the 1% who ask a 8ball to buy or sell...
this person read my mind. i was going to say it is much much higher than a third. i include myself in not knowing what i am doing. i figured it is early enough i cannot f up that much if i just hold for 5-10 years.
it’s new. we’re learning…
99.5% among people on this sub though! we are dcaing stupidity to the moon! keep eating those crayons friends!!
i'm in there, hi five!
remember what they say in poker? "if you're at the table and cannot find the sucker - then you're the sucker" ' same applies to crypto. ' lots of suckers.
i don’t even use a 3rd of my brain… how can i become rich?
second to this. i have been trying to educate myself the past months, but i cannot honestly say i really understand all of the coins i invest in.
i think it shouldn’t be 30% don’t know what they are doing but are at least aware of it
the only person who really understand this must be satoshi and as far as o know he
i wouldn't base the population on subreddits. probably only a small percentage posting here, and largely younger than overall
can’t this post and your reply be applied equally to those who invest in the stock market?
definitely part of that group 🤷‍♂️ i’m having fun though!
who does know what they are doing? people claim to know, but i have not seen anyone with a perfect track record of timing the crypto market.
there would be no huge gains without a number of people losing so 90% is probably right.
this seems more correct. and i can definitely be counted in that 90%.
in that survey a third will **admit** to not know what they are doing.
meh. 90% of the people do not know where their face is let alone what the fuck they do with their money
i think that is correct. because the other 2
we're suppose to know what we're doing?
i feel great to be in the larger group 🤣🤣🚀🌝🌝
couldn’t agree more. i will freely admit i have no idea what i’m doing.
i immediately converted 70% of my crypto to stablecoins the moment my girlfriend said to me "even my sister is getting into crytpo. she buys it on robinhood, she says. she got eth for 60.00 on there!" to be fair to my girlfriend, she was just repeating a text message out loud. i almost had a full on panic attack at 8am. in retrospect, i am so glad for that text message.
yes this seems way more likely
came here to say this. thank you sir.
i’m in the 90% gotta enjoy the rollercoaster without knowledge of what’s round the corner.
i definitely dont know what i’m doing
i’m thinking if you’re not in that 10%, you don’t know or hear about projects early enough to get in at a good price. once us idiots in the 90% find out about “these great projects”, we pour money into it thinking big things will happen, then the 10% in the know pull out with our money, leaving us broke, and with unfulfilled dreams.
and what the rest of the 10% knows
my first thought when i read it.
provided the vast majority of the market has no clue. in the end, does knowing what you’re doing actually means you know what you’re doing? or does knowing what you’re doing means you just know no one knows and you just go random and surf news? more seriously i’ve heard many people tell me about that and that technical advantage of a coin but always failed to see a real correlation with the performance of said coin. what worked more for me is follow news closely and anticipate the market’s reactions. i think the number one example of that was doge. i once read something like « technical analysis is the horoscope of traders »
one third has no idea what they are doing and is just throwing darts one third is letting random strangers throw the darts for them the final third is up all night reading papers and articles just so they can throw the same darts at the same board as everyone else
i just buy some stuff, hope to get rich fast
and strike out crypto - i mean like 90% of all investors do not know. doesn't matter if it is crypto, stocks, alcohol or wood chips
hello i have £2.89 i've put it on eloncoin in 14 days time i will be buying a ferrari. i've already quit my job. can someone give me financial advice how to avoid paying higher rate taxes please?! to the moon baby!
confirmed. i do not know shit about fuck.
yeah even after over 150 hours of research and learning i still feel like a toddler in the crypto world, there’s just so much to learn. that being said it’s more exciting and interesting the deeper the rabbit hole goes!
i think 85% of that statistic is made up
seriously. a third of cryptocurrency investors don’t know what they’re doing ...the other two thirds were trying to open a cat .gif but got hopelessly lost
i came here for this and wasnt thisappointed.
that’s because hedge funds are manipulating its price with no regulations to control their behavior.
i totally agree, ffs it took me probably... 6+ months of serious study, wins, and losses to actually understand it. many people got in 7-8 months ago in the bull supercycle and alt season where you literally could not lose... i made one big win of over 10k$. especially now, that we are in a bear market and experiencing heavy hft algo manipulation, the game is different in many ways. but after about the last 3-4 weeks, i finally figured out how to work in this current market. so yeah, 6+ months of serious study, building indicator charts, and using ta combined with mm analysis, and i'm finally doing well again. and most people consider me some sort of 'crypto guru' and think i can read heiroglyphics and can see into the future... nah, just learn how these things work. so yeah, i'd say at least 30% just admit they do not know what they are doing, 60% think they know what they are doing (but do not know), and then 8% know what they are doing, and 2% really fucking know what they are doing.
please include me, i do not want to miss the ride !
let's bump that up a little more
the other 2’t understand the question.
i like to think i'm the 10%,,. but my negative portfolio says otherwise
maybe i should start getting into cryptocurrency, then!
and not only when they invest but most of the time.
just trade breakouts... so many breakouts, so little time. and sell quick! or hodl in on the dips. this is my approach
yup, can confirm, i’m a 90%er
i'm part of the 10 percent because i just hold dammit.
came here to say this.
true. how does this headline claim this like it is a shock? a third of human beings do not know what they are doing in life generally.
can confirm i just buy random projects and hold them
>! we are awesome! !<
what a surprise, im in it too!
as long as someone in the room meant to be there.
i wonder which one it is? hmm...
the surveyed the wrong people
wait cryptomoonshots doesnt have 3 million...
did epstein sell itself?
please tell me he bought 2k epstein tokens not 2k in fiat, pleeeeease
this hurts me so much. i know your comment is
all my homies hate robinhood ![gif](emoteemo_pack_1nooo)
when does step 2 happens? asking for a friend.
that's one way to do it.
step 2 is wait 2 weeks. can’t get lambo if you wait too long!
step 4: repeat. always repeat.
my way to get into a lambo is buying the ath and selling in the dips
buy high, sell low. that is all you need to know, my friend.
the this is way.
i *knew* this article was bullshib, we got a pro here!
i mentioned this about a week ago but i’ll say it again. my sister found out that i was into crypto a few months ago. she asked me a bit about it and to my surprise she was interested in investing in it. i told her to download coinbase and create an account. i also told her that before she puts any money into anything to either text me or call me about the coin she was going to put money into. a few weeks go by and i didn’t hear anything from her. i texted her and asked how her crypto was doing. she replied back saying that she’s been putting money into crypto but it hasn’t really been doing anything. i asked her what she invested in. she told me dai. why did she invest in dai? well, she told me she has a friend named dai. i explained to her what dai is and she was pissed off at herself. then i said “remember when i told you to text me or call me before you invest in crypto?” edit: i’m also mining eth with my computer for quite some time. at some point i said to her “my computers making me money right now as we speak” to which she replied “yeah, sure it is”. the majority of people truly don’t understand any of this. edit: i get it, dai can be a good investment in certain situations. the crypto i told my sister to invest in from the start had all gone up when she first started putting money into dai. that’s why she was pissed off at herself.
most people i know who truly have a retirement account, at least one worth talking about, typically have someone managing it.
you mean my cumrocket has not use case? i feel offended.
cumdogeinurrocket to the moon 🚀
idk, i'm in that third that has no idea. but you know what they say, ignorance is bliss
its self-report data so the researchers did not conclude that on their own -- it is how survey respondents reported their own knowledge
what’s wrong with ada
what are you doing to help educate these people? or is kicking people while they are down your thing? i do not even own crypto but this is front page now. sounds like you got in early so you think you're somehow better than other investors.
did you delete your comment? not your job to educate people? ok, cool. is your job to trash other investors? which one is the hobby?
maybe you should post your portfolio so everyone can know how much you know what you're doing?
you are the 2.
whales do. institutions often do. market fucking makers defo do. insider traders do. it's the retail that is getting banged, often called dumb money.
on the real- algo is going to rise to the top is not it?
a third of humans dont know what theyre doing, ftfy
do any of us truly know what were doing? were essentially gambling on the adoption of cryptocurrency by the external world. if that doesnt happen then the "gains" we imagine wont be actualized
light green, lol i know some of what i’m doing, but the rest is pure luck!
breaking: most humans are still idiots.
lol thats being very generous
they are guiding and providing advice to the other 2.
my friend knows this but always buys high and sells low for some reason.
someone said hodl once i think
it's weird because 4 months ago you posted asking what people thought was going to happen. it's almost like you do not know what you're doing and asking strangers for help. why do not you explain it?
at least there is fundamentals and metrics in the stock market. crypto just seems to be based on whatever the latest news is.
sounds like an abraham lincoln quote to me
survey: "do you know what you are doing?" answer: "hell yeah to the moon bois!!!"
im in the group too
i’m over you i feel like 95.9 % we don’t have a clue….
yay im in the 90% too
i'm happy to contribute in anything
nah, if you're researching the facts, dollar cost averaging, and diversifying (into other assets as well) you cannot do any better. you're doing fine.
i am the 90 %.
it's about as knowledgeable as all the other bullshit technical analysis. edit: typo
you think technical analysis qualifies you for anything beyond making cute dinosaurs?
what is research? 😉
y'all are doing research?
it's a good place to be. hodling is easy enough.
3 months in, same for me.
its way worse than that. people are throwing money at anything in the market.
i’m not sure all devs know what they’re doing.
77% of all statistics are wrong
welcome to the 90%
but do you know about ether ? that's all you need to know about to onboard a rocket to the moon
the centre of an area is removed; does this count as decentralisation ?
%100 in turkey :d
baby do not hurt me
idk what im doing
i'm part of this club. only what i can afford of course.
oh my, does r?!?!
no, epstein didn’t shill himself.
they're firmly in the 'one third' group.
if you do not know in which step you are, you're probably there
this guy knows shit about fuck
at least she would not be ruining herself if she chose dai. advise her to get usdc, next!
i also started in investing in crypto a few months ago… and wish i had put my money in dai at the time, would be a lot better of. 😬
would *that* be considered as "knowing what you're doing"? in a sense, hiring a professional because you're incapable seems like it would. granted, i do not think that is considered retail... but still!
idk why people are downvoting for asking a question. you'll see yourself if you actually use different networks, dapps and defi. there's an entire world of them out there. i'm pretty sure if the people that have fallen for the hype actually ventured out and saw the entire worlds of defi that *already exists* and is not just promises, they would see what the critics see.
nothing lol, it’s got the best tech around
i would say that an assumption that greater usage will equate to higher prices is flawed. that's like saying in 1997 that increased adoption of the internet will cause the price of internet access to increase. or in the late 1800's saying that increases in the us population will cause food prices to rise. there are times where increased usage can cause prices to increase, but this is not a rule or even the most common outcome. i would argue that if you cannot articulate the causal link between increased usage and increased prices, you do not understand what you're investing in. i cannot articulate it myself, so i'm not claiming any great knowledge here.
after posting, i looked around, and felt the same!
there’s a difference between asking for peoples opinions, and people going around saying they know what they’re doing when it comes to crypto. sure, one might understand how much risk they can afford to take on, and understand scheduled investing, but at the end of the day nobody knows what they’re doing
60% of the time, it works *every* time.
"you miss 100% of the tezos you do not backe." - wayne gretzky
most of us are
i'm excited being a part of the group
i'm in the 91st so i think i'm super lost.
hello there, glad to see you all 😁
nobody knows shit about fuck over here lmfao
count me in, too!
i’m doing my part!
but the tech is hard to understand...
change the setting on the chart from 1d to 1y.
can you eat it?
lol... that made me laugh.
dumb youtuber or redditor
do your own research, you can figure it out
throwing money at stocks and crypto is slightly better than throwing cash at expensive useless stuff.
i agree. i feel like most people don’t even know about, or are probably not even remotely interested in the tech of most crypto. the majority are just throwing money into the ring hoping to get rich quick without considering things like market cap, competing projects, adoption, etc.
80.345% of all statistics are made up.
do not hurt me
if someone claims he knows what he is doing, there is a good chance that he doesn’t.
lol would not argue with that
the rest are delusional*
or worse, they think they know what they are doing.
step 2 is also known as "limbo".
i do not know which step i am in. bullish
not bad, pretty stable.
what about it is “the best tech around”? lmao you don’t even know what you bought into- you are who the article op posted is talking about.
alright, that is a good honest answer. appreciate it.
ahhh the classic george washington quote
we're a happy family
yeah about 90% or so
90% of us are
i think we all are
just happy to be here too
*let's lose money together :p*
i let tech guys do the tech. i, personally, too stupid to understand the tech lol.
what’s the tech? you mean the google? jk
i feel personally attacked.
well said sir 👍
or just throw money at me. thanks in advance
*unless it’s banana shiba elon doge moon safe inu™️
can confirm. i do not know shit about fuck genereally lol.
he said it was worth it to be a millionaire in a year. 👀
from limbo to lambo
you know out of all the dumb crypto things she could be doing dai is a good one and at least its on coinbase where pretty much everything is thoroughly vetted and removed if found to be bad.
what the fuck did you just fucking say about me, you little bitch? i’ll have you know i graduated top of my class in blockchain technology, and i’ve been involved in numerous top ten cryptocurrency project, and i have over 300 btc confirmed. i am trained in technical analysis and i’m the top trader in the entire galaxy. you are nothing to me but just another p&d victim. i will wipe you the fuck out with precision the likes of which has never been seen before on this earth, mark my fucking words. you think you can get away with saying that shit to me over the internet? think again, fucker. as we speak, i am contacting my secret network of seed key crackers across the usa and your ip is being traced right now so you better prepare for the storm, maggot. the storm that wipes out the pathetic little thing you call your life. you’re fucking dead, kid. i can be anywhere, anytime, and i can wipe out your portfolio in over seven hundred ways, and that’s just with my bare hands. not only am i extensively trained in making gainz, but i have access to the entire portfolio of the cia and i will use it to its full extent to wipe your tiny profits ass off the face of the chart, you little shit. if only you could have known what unholy retribution your little “clever” comment was about to bring down upon you, maybe you would have held your fucking tongue. but you couldn’t, you didn’t, and now you’re paying the price, you goddamn idiot. i will shit fury all over you and you will drown in it. you’re fucking dead, kiddo.
i'm 73% sure it was george of the jungle.
and an oblivious one too
you guys here for the lambo's too then?
a family with diamond hands
indeed we are 😍😊
you are an important part of the family. don't forget that
excited to lose more.
so was bitconnect in 2017 😅
the wise man knows enough to know he knows shit about fuck lol
that makes 33.33% of us
you have a point, but she’s interested in the investing aspect of crypto. as i said in another comment, i explained to her that the money she invests could go up or down in a heartbeat and she was perfectly fine with that. she was actually upset that her money didn’t do anything at all. she could have thrown money into dai for the next 20 years thinking she was investing in crypto without knowing any better, constantly waiting for it to do something. and with the fees that coinbase has, she’d be losing money.
meth is blissful too
that's the only reason we're here lol
nahh, some of us here for the yachts to buy for dem boating accidents
i hear they tend to be *hard* on eachother. but in the end, they always make amends
whats the upgrade of diamond hands? like if you hodl for 10 years?
vin deisel is happy
lambo is waiting on the moon
*slaps 100x yolo leverage*
that a new coin
"im here because it will change evrything!" fuck that i just want to make some money
i am here for the tech
we may be hard but we are family
diamond handed incestors !
yes, eth at its ath
what can i say, obsessive hodling syndrome runs strong in the family
i know exactly what i am doing with crypto currencies, losing money by the day. obviously. . see?
end of the day we do not share our seed with anyone and that is what keeps the crypto safe within the family
yo what did my guy h ford do?
>netflix >the letter ‘n’ so 'etflix' is banned
don’t forget miley cyrus, brad pitt for 20 years, richard gere, selena gomez, and katy perry because she wore a flower.
how is christmas and the letter n banned? i see lots of chinese people celebrating christmas, letter n still appears and used in keyboards?
what did the 14th letter of the alphabet do?
south park after 'band in china' episode
well winnie the pooh is just redundant on this list. it's obviously banned for it is liberal use of the letter "n".
eli5 for a noob: what about all the btc mines in china? i thought a huge percent of mines were there.
the letter n, really? why lol
i would~~n~~'t call facebook, amazo~~n~~, twitter, twitch a~~n~~d i~~n~~stagram "good compa~~n~~y".
i would've said "add critizing the goverment" but i do not wanna thisappear mysteriously.
i cannot wait to watch the new winnie the pooh movie staring harrison ford (playing a venture capitalist wealthy from funding google, amazon, facebook, etc) on netflix i hear the movie was crowd funded by bitcoin after a twitch and twitter push
bitcoin isnt banned in china, mining with coal energy is.
i will be that "actually" guy and despite being afraid "ch-ch-ch-china is baaaaghhhhhgddd" circlejerk downvotes will note that winnie the pooh is still everpresent in china with t-shirts with the bear being sold everywhere. no one is being arrested for wearing those too. i know you people may exaggerate for shitposting effect but still. as for banned websites, every chinese person i met who is aware of what vpn is use some of them and have 24.
> the letter 'n' so the knights who say "ni" also are banned?
i think it is time to ban the chinese communist party... (ccp)
why they ban the cutie winnie
came here for "winnie the pooh", almost left thissapointed, but then right near the end...bingo!
harrison ford in there made me burst out laughing!
all capitalist and 'democratic' countries going against crypto is really showing their doublespeak when it comes to liberty and stuff.
they should banned covid too 😭
_china seeing netflix both has an n and streamed indiana jones_ yo fuck this in particular
facebook amazo google istagram sapchat twitter twitch piterest youtube etflix itues christmas the letter '' wiie the pooh harriso ford bitcoi
list of things chinese citizens still use despite being banned: facebook amazon google instagram snapchat twitter twitch pinterest youtube netflix itunes christmas the letter ‘n’ winnie the pooh harrison ford bitcoin
chinese bots downvoting all of us to oblivion and beyond. "don't trust china...china is ***asshoe"***
you missed south park and black people
bitcoin is not banned in china
china is trying to censor taiwan even in this post lol
christmas is not banned in china. i was in shanghai last year, their malls were more set up than macy’s.
n and harrison ford?
how many people bought the dip in multiple cryptos after the ban? ✋🤚🙋‍♂️
oasis got banned in 2009 because officials have deemed the band “unsuitable” after finding out that noel gallagher has previously performed at a free tibet benefit concert in 1997.
you forgot "human rights"
china became chia... buy chia hurry!
you forgot to add freedom.
you forgot human rights, freedom of speech, due process, capitalism.
i remember being in china once. i was out of money on my checking account and wanted to transfer from my savings. i tried to google the correct number from of my bank and it took me an embarrassingly long time to realize google was banned 😂 they also have flashing police lights on everything police and i mean everything. the police camera’s included. i even saw a squad of police officers with shields who all had small flashing lights on their shoulders😂😂
amazing that westerners just believe anything bad they read about china uncritically. not surprising considering they believe the pilgrims and the native americans lived happily ever after.
miley cyrus, banned. brad pitt was also banned for years until like 2016 when they said he would be allowed again 😂
what did indiana jones do wrong?
i kind of understand fb, the world would be so much better without this trash...
also banned: human rights.
except none of those services have 75% of their network in china. if chinese money starts flooding out of bitcoin, expect the crash of all crashes.
i mean "haha china" okay but this list is utter bullshit lol. there's a winnie the pooh over the entrance gate to disneyland in shanghai ffs. there's people on twitter posting from china. christmas???
that list is bogus. i have friends in wuhan and outside beijing and they are on facebook, twitter, instagram and watch netflix all the time.
you're screwed if you're reacting on china's actions
but bitcoin is not banned in china... *facepalm*
funny how when trump mentioned possibly banning wechat and tictoc, a lot of chinese people said, "trump is crazy!" when asked what about all the american apps that have been banned and if their logic means they also think that their leader is crazy, they replied, "i do not use those apps, so it does not matter."
obviously, china want facebook china amazon china google china bitcoin china ...
so, it is spelled chia then?
actor harrison ford was banned from china after testifying at the u.s. senate foreign relations committee in support of an independent tibet.
i believe on myself.
the comments here!!!! amazing!
youtube is banned??? the humanity...
how did harrison ford pull that off!!
ahh, yes, good old rigged authoritarianism. you can get your social credit score lowered for spending money on frivolous things, or eating something unhealthy. coming to a state near you!
>goes to china >sees winnie the pooh >knows winnie the pooh is banned and cautiously greets "ni hao" > mother fucker, they put me in jail for saying the "letter n"
the chinese presidents uncanny resemblance to winnie the pooh forced pooh to go into witsec
at least they have not banned iggers
wtf did harrison ford do? lol
i wouldnt call big tech good company
we also can’t access the bbc news website as well as other news outlets
this, this is why i come to reddit when i need cheering up.
best fucking post ever
the letter 'n' ? damn, this is news to me...
is it just a control thing? like if people do not have access to social media they cannot get news about what's going on therefore staying uninformed? serious question, because i honestly have no idea.
why is "n" banned?
winnie the pooh is not banned tho neither is mining bitcoin, nor the letter and atm. but hey who gives a shit about accuracy, when you can get lot of upvotes for inaccurate reporting.
the list continues. hello religion? 😂
imagine being so dumb to believe all this bullshit
i wish pinterest would be banned worldwide.
you forgot human rights
how can we help get these things to china?
poon is just poo in china
7 years in tibet, and brad pitt.
bitcoin is not banned from china. i am in china and i can access coinbase, binance… the only problem is that you cannot use unionpay (the chinese bank card provider) on these websites. but if you already have crypto, there is no issue to use it, access wallet or exchanges in china. it’s not the same as google, facebook…that are not accessible without a vpn.
i like to put in context for the online company banned. china tend to clone them and become successful domestically. twitter was replaced with weibo iirc. google with baidu. the list goes on. i do not believe anybody would trust china with their own cryptocurrency though. their goal for clones is total control and to monitor their citizen and their thoughts.
sounds like they weeded out alot of the intrusive advertising from influencers and other shit sources. that doesnt sound all that bad tbh.
honestly banning social media would probably be a good thing lol
you forgot about tiananmen square lol
you forgot freedom on the list...
i'd ban 90% of those things too
don't forget they banned south park
don't forget peppa pig! it's starring xi as peppa pig's idiot father.
and winnie the pooh
wow, what do they have then?
the succes of these brands reassures me that bitcoin has a promising future despite the whole china thing
most importantly - despite the ban, lots of people (mainly the youngsters) can still access these websites easily with a vpn
don’t forget south park
wtf is china trying to prove !!
you forgot independent thought and basic human rights
not harrison ford. the horror
honestly, btc being banned in china is a good thing. it will mean that all the mining will be more diversified into different countries, and thus increasing the decentralisation of btc.
whats wrong with the letter "n"
common sense tiananmen square massacre i believe this list can be expanded to near infinity.
fuck china. fuck winnie jinping
also non plastic items
they banned a letter?
they banned uyghurs muslims. e.g. forced labor and concentration camps
* calling their leader winnie the pooh
lmao y'all actually think the chinese banned christmas and the letter n?
- freedom (banned in china)
even christmas is banned ? :(
the ministry of truth is hard at work for the good of the people. nothing to see here. move on citizen or report to the ministry of love.
if i am being *really honest about this list* ' * *horrible* * ending businesses * facial recognition and ai nightmarish dystopia owners * see 1 * thots are upset and **here is why** * again, if you wanna talk about a social media echo chamber that is unhealthy for society... * genuinely cannot be upset that hot tub streaming thots are not allowed-- * wut * child porn algorithms hidden within the website promoting immoral * streaming has been the **greatest thistraction** in the history of mankind thus far * apple is better, but not much better than google * ok-- tough to argue a good old fashioned religious holiday. * i only have ~~four~~ three letters in my name now * i grew up on this and struggle to find that it aged poorly because it did not * he was **the definition** of typecast * ok this is awesome and should be off the list with tigger, eeyore, rabbit, owl, piglet, kanga and roo
has anyone mentioned human rights yet? they are definitely banned
you forgot free speech
don’t forget the words *tiananmen square*
this. i'm copying and spreading on my socials.
freedom is banned too
damn dude move me to china
should've added btc seven times
good to see winnie on that list. imagine having your confidence shattered because of people saying you have a resemblance. in any case, with chia's ban on bitcoin i imagine things will get better as the panic settles and people realize china isnt the only place to do business
how about free tibet, free uighurs , free hong kong , stop bullying taiwan , religious and cultural freedom. down with ccp commie thugs
guess i’ve got no choice now, have to make a fork of bitcoin to create the harrisonfordcoin. yeah, no choice left...
anything china bans = buy.
😭😭😭😭😭😭 i pissed myself reading this 😂😂 sucks to live over there
china is such a crazy country.
you forgot a few: *- happiness* *- freedom*
you forgot "moral compass"
wish dogs were there on that list too.
winnie the pooh is banned in china? fucking criminals
wait, harrison ford? what did he do to get banned from china?
actually, the chinese president looks like winnie the pooh... that is really funny reason to ban a cartoon, lol...
they are lucky about pinterest.
banning letter n is crazy haha
you know that when it comes to chinese ppl and things being banned, they gonna find a way
where can i buy winnie the pooh stonks?
tianmen is not banned?
it’s also very concerning that the chinese government had an uncontrolled re-entry of a satellite last week. seriously, that thing could have landed on your head, or a school, or on a nuclear power station. it was reckless.
we need a genghis khan back!
you people are in denial.
the n-word is now banned. racism is no more!
freedom, freedom is also banned. fuck china
shame they do not ban bat eating.
also no animal rights (no animal cruelty laws, perfectly legal to beat a dog to death in the middle of the street) and practically speaking, most of the time animals are treated like plants there. no concern for any feelings they experience. turtles are boiled alive, pieces of animals are hacked off while they are still alive. they eat cats and dogs which have absolutely not been treated humanely in any ways shape or form. they treat them like shit on purpose because they think it makes the meat taste better. i could go on but you get the point... oh, one more thing. they have keychains with live animals like turtles in them that die shortly and then you just throw it out. i realize things like mexican jumping beans in the us are similar and those are not right either. but like everyone knows , two wongs do not make a right. and i certainly thing there is a difference between treating worms or moths or whatever like shit and abusing turtles. i have not researched this in a bit over a year so there is a very slight possibility that things have changed but i very much doubt it
is this thread actually about crypto?
add this post to that list
i think the govt of china is bad.
what about the china things banned in usa
you’re missing the part where those companies had no meaningful operations in china when they were banned. half of btc hash rate is in china. it’s like amazon would be banned in the us where most of their operations are.
reddit making up absolute bs about china yet again.
> the letter 'n' sapchat?
wait... reddit is not banned ? pog
a lot of things copied in china. check list of things that are banned.
bitcoi is baed in chia?
don't worry though, jian-yang should have fake pied piper going soon and then he can start working on fake bitcoin.
they baed the letter ehñ. o woder they went after hog kog which roughly traslates to fat gear. makes sese ow as they really wat to absorb their robust fiacial system.
pretty much the same as my country!
a to z of things that are banned in china
ahh the good and old communism doing its wonders to the population.
the only difference is everything you are posting provide a service and need currency to use. in this case bitcoin is the currency lol, that’s a big difference.
😂😂😂😂 this can’t be real
the question is, is there anything allowed in china?
and most people still use these services there through vpns.
harrison ford? what did he do? indiana jones vs ccp?
what did harrison ford do???
it is funny how much they ban things, yet in forex they manipulate their currency endlessly. it is hella annoying
you forgot the letter l
why is china so insecure?
what happened with harrison ford?
what did the pooh do to them... they do not like bearish? 🤣
winnie the pooh will always be my favorite ban
ugh, do they even live in this century
>the letter ‘n’ ah so mrs obama is safe at least
number 13. free will. recreational drugs.
why harrison ford? what about reddit?
china can go fuck itself!
imagine not having access to applications, shows, cars, festivals and finally crypto that is meant to be freely used by anyone. so glad i'm not a citizen of china
add *freedom of speech* to the list
you forgot to include freedom and human rights
was offered the opportunity to teach abroad in china but when i looked at this list... just did not seem worth it. i'm sure there would have been plenty of exploring and offline things to do, but eventually i'd want to go home.
i just called bitcoin industries, they confirmed china fud is just a fad.
china has these things, they just happen to have versions that they stole and cloned.
you forgot about winnie the pooh been banned,... oh shit you added what a legend 😂
also most appstore games have been removed !
i wouldn't say "good company" because most of that list of yours are very invasive when it comes to privacy. i understand your direction but alphabet and facebook are not the company's you want on your list. the bottom part, from christmas, i agree for sentimental reasons. edit: was more into online privacy before crypto
ok so pornhub is available, sweet
human rights seem to be missing from china too
why is harrison ford on the list?
have you guys heard of these chinese murder vans?
make a list of things allowed in china way more easy
why the fuck is the letter n banned?
but apple deals with the devil
surprised the date 1984 is not banned
ah yess, the leter 'n'
what’s the history behind banning hans solo, or is it indiana jones?
dumped all my china stocks 6 months ago... china bans china eventually
"the letter n", wtf?
they banned everything that makes life fun and interesting
porn is also banned in china.
you forgot justin bieber 🕺
i can certainly get behind the pinterest ban though
yeah those are all such great companies lmfao what
so chinese redditors exist?
just because you list how many things got banned in china, crypto would not turn around. people think crypto crashed because china...no it did not...check all the charts. people buying bitcoin, more than selling...people positive about crypto...most people not selling...more bids than ask as well...bitcoin still decrease regardless...if powerful people want that charts to go down, it will go down, and when they decide to go up it will go up. pointless to convince reddit users...
i think tiananmen square massacre, free hong kong, and free tibet are also banned. also being muslim uyghur is banned and punishable by death.
why is pinnie abs harrison blocked?
bitcoin made into the list
harrisonn ford? the hell did he do?
in china they have a thing where they make kids pee in a giant pot and make soup from it. in some areas they take pee straight from schools. boy pee soup is a real thing there...
it’s banned cause they are the ones mining it. gotta get that 💵
i do not know why a china ban is such a big deal since it is already been banned for the past decade.
i read something about also the number 4 being not often used because it resembles the word for death so its often skipped... like in building floors or door numbers...
so technically china is the first country in the world to ban the n-word
was thinking about this earlier. all are worth a fuck ton without the help of china
you forgot freedom. that's banned in china i believe as well so add that to the list
you forgot the literal number 4
you forgot questioning the government but overall that’s a complete list,
is not a nice country to live in. for damn sure! just a cultural prison in every way possible. pure evil. soul-crushing to be sure. no thanks 🇨🇳!!!
can we add "fat gains" to that list?
peppa pig and winnie the pooh
winnie the pooh, how cannot this be a joke
apparently only eating weird stuff is not banned 🤣
china also ban tesla cars from government compounds
since harrison ford is banned, are chinese allowed to cosplay as han solo or indiana jones in china😂?
south park made a whole episode about it
so anything with algorithm or ai
if the letter n is banned then you can call xi like wiie as in nintendo wiie of course (not)
is reddit there in china?
winnie the pooh lmfaoo
why the hell is harrison ford on the list?
they've flipped on that crypto thing 3 times now? sounds more like market manipulation because they can sell at the top, buy at the bottom.
the rest i get. what's with harry ford
i think you forgot: * independent thought * muslims that do not drop their culture for chinese * any organized political opposition to the party * intellectual property rights * honoring international sea boundaries * their agreement to keep hong kong democratic * food safety regulations they're wonderful people, really. a superior culture. right?
you forgot “having an opinion”
winnie the pooh!! what have he done?
you missed the simpsons
you forgot: free speech
you forgot one - w.h.o.
free speech, human rights.
winnie the pooh lol
the letter "n" igga ... edit : 1 more - xi jiping ( who is he ??? ot in wiki ) is it wiie the pooh. ad tiwa umber oe
dove si trovano le fabbriche in cina dove c'e innovazione in cina dove e' avvenuta la rivoluzione culturare in cina dove milioni di persone anno avuto la posibilita' di imparare a leggere e scrivere o dove e' avvenuto che milioni di persone uscissero dalla poverta' extrema
putin is looking at it all jealous
you forgot you are not allowed to criticize the president in china! please add 'critic president'
not a bad list
i support the snapchat ban. there is some really fucked up shit on snapchat that thisgusts me and i reported it to snapchat then again netflix does have that thisgusting movie cuties
the letter "n" ban was enacted in 2018 and quickly lifted.
and they get offended when trump planned to ban tiktok
why did pornhub not make the list
foreal??? they banned winny the fucking pooh? what has he ever done to them?
im not an expert on anything. but, i would think that china wanting to get rid of non-sanctioned crypto would only make it more valuable? and doesn’t the fact that a totalitarian state wants to get rid of it prove the importance and legitimize decentralized currency? and can my ether please stop dropping now also? thanks
harrison ford and the letter ‘n’? like what the fuck are those idiots on?
health and safety seems to banned also
don't forget freedom. freedom is also banned in china
thank god they didn’t take out the letter “c” because “c” is for cookie and that’s good enough for me.
when will china ban the world?
explain the letter n?
why is letter n banned in china?
"are not supported by real value" the ultimate bullshit among all the bullshits
a lot of what your listing makes revenue. their value is derived from tangible fundamentals. i'm of course thiscounting winnie and my boy harrison
yet this sub are still obsessed with vechain - the irony.
my govt isnt the greatest...usa...i know. but fuck china.
winnie the pooh !!!
so basically everything from human entertainment to social and financial. are humans banned cause if they are i'm moving
bitcoin is decentralised the chinese cannot have a reason to hate it noone owns it
since 'n' is banned, do they use widows and not windows?
"the letter n" for the same reason twitter did it? to many keep responding "i" or what? what's the backstory on that?
a a a a a a a a a a a a ... batmaaaaa!!!
what did my boy winnie do?!
what did harison ford do?!?
to be fair, most of those things are terrible lol.
you forgot the number "4"
is there any reason why this receives so little pushback in the us? people are sure quick to call you racist or xenophobic if you say any of this (except for winnie for the pooh)
turns out china is basically nazi germany
you forgot brad pitt
why is winnie banned in china? isn’t there leader winnie?
don't forget china's also banned democracy and human rights.
the irony of these big tech companies getting banned, ha!
the term " slots vachina"
harrison ford? they do not watch die hard in christmas?
guns n' roses chinese democracy album
you forgot south park
it is quite funny and i’m no fan of china, but worth keeping in mind, things that are banned in america: -kinder eggs -collecting rain water (in some states) -certain kinds of cheese like brie -oddly, butterfly knives and knuckledusters, despite being able to buy an ar15
in my opinion, one of the primary goals of the crypto movement is to curtail censorship by powerful governments.
can we say “information control”. no fear of thissenting opinions here, nor insecurities. why would the world crack and dump their crypto over china’s obvious insecurity and filtering info their people have access to? isn’t this what crypto is the answer to? defi, privacy, decentralization etc etc. buy now. it will go backup once the world puts its big boy pants back on and crypto recovers. as it most certainly will. china and elon musk’s opinion is not the end all, be all. powerful? yes. strong? certainly. but run for the hills and dump your crypto? nah. this to will pass. as it has before. buy this rare deep dip. it will be rewarded.
soo it is jackie cha?
why is the letter 'n' banned? seems so comical 😂
china bans so many things, they may as well ban themselves too
this is not the first time china has threatened to crack down on bitcoin and dropped the price. my guess is the higher ups in china want to drop the market so they can buy some cheap.
why is the letter n banned?
you forgot back to the future
winnie the gd pooh 🤣
why is harrison ford banned?
the fact that china is banning it could be good for bitcoin, because then they cannot try to manipulate he price any longer with these sort of news
you forgot various movies and video games where china is the bad guy.
haven't checked all of this thread cut i'm drunk, but i think the houston rockets are banned as well? or rather "have never existed" at all?
also, if china stops companies and people from mining, it will only affect bitcoin temporarily. the owners of the computers mining will either move them to another country and resume mining, or sell them to us in the usa, and we’ll mine what they aren’t. people, don’t freak out. if you sell you are giving your crypto to people who will profit a lot from it.
lets ban the whole world
honestly fuck china lmao. look at their public bathrooms. crypto shouldn’t be worried. it’s not going anywhere except in my wallet
seems like iran v.2 but man the word "n" why xd? how they say no to everything without an n xd
how can cz use twitter? doesn’t he live in china? or he just uses vpn?
also steam. and also 'banned'
you forgot pompeo, bannon, and navarro. hot on china and wuhan from day 1 😂
i see people on instagram who live and post from china can someone explain this to me
should add "fun" to that list.
and christian bale, he was barred from visiting china.
the letter n?! what the fuck...?!?!
are tusks? nah, that’s crazy talk!
and the letter l
it's like china bans outside stuff to force their chinese counterparts on people.
i wouldn't refer to facebook as a good company, but i get the point and agree with it
i'm gonna order some stuff on amazo~~n~~
clean air is also banned
well fb and twitter also youtube with censoring information and banning people stop a movement like amc gme. anything they want to do so it fits there agenda and there rich friends agendas. main stream media and big tech are dangerous as fck to our freedom of speech and the rights of us as usa resident
why no ban eth?
you forgot about south park
you forgot "religious freedom" and "breathing while uygur"
aside from harrison ford, winnie the pooh and bitcoin, china has the right idea.
what's wrong with n
george orwells 1984 banned too
winnie the pooh and people say memers are not dangerous
in good company? half of those things listed are a waste of time. i'm obviously a hypocrite for using one, but social media is worthless. if reddit did not provide my daily dose of cute animal gifs, i would ditch it too. i get your point though and agree. this minor slump would not last forever just because china gets a stick up it is rear.
they do not need capitalism. they have their own.
actually, they banned these apps so that chinese apps and compagnies can dominate the chinese market and not some foreign company. the chinese market is one of the biggest in the world ,so there you have it.
what did harrison ford do?? lmao
bitcoin is not banned the chicoms will likely take over most of the operations that are not already gov run. you know it as well as i do thats how they operate anyways so this is basically them removing local competition.
yet, everything we buy comes from the economic beast that is china. it's a completely different story when we're talking currency.
harrison ford is banned? i'm not sure how to feel about that ...
you need an exchange to purchase bitcoin, good luck trading thousands of dollars in p2p
south park as well
the letter what letter please tell me
i mean facebook, instagram and twitter should be banned every where, i can agree with that.
can someone explain why china banned the letter n before i start hooting and hollering
zedd (edm music producer, dj ) also banned in china for simply liking a south park tweet
free winnie the pooh
im super curious about the letter n and harrison ford lol. both of which things i use on a daily basis
don't forget south park!
it's normal for china
do not forget hong kong
don't forget about south park
winnie the pooh has got to be my favourite
you forgot freedom and kidneys
feels like i might be a lot happier without all that social media crap anyway
ufff almost thought “breathing” was on the list for a second
wait a minute, if winnie the pooh is banned, are they banning their own president?
christmas? the rest of the world's christmas is made in china.
why was harriso ford baed?
how come reddit is not on the list?
the letter n? that’s it?
what a fucked place.
who is harrison foird?
brad pitt too right?
maybe u. s and europe must ban tiktok also😏
you're forgetting john oliver
plastic bags, second kid.
you forgot brad pitt. seven years in tibet. also, holy dalai lama
really?? kinda looks attractive.
you forgot the movie ghostbusters
harrison ford? seriously? bastards...lol
really harrison ford is banned? why is this lol
are these things just a vpn away?
yeah except for all the social media garbage. that shits brain aids. it destroys your brain cells one by one by converting them and tricking them to attack your cohesive thinking; and google is kind of a weird company, think about it, they can watch you sunbathing from space. oh and the itunes store. harrison ford is the best thing on that list, so long as it isn’t legend of the crystal skull. christmas is alright in concept, but i’m more of a saturnalia fan myself and maybe yule on my fathers side.
technically they are not banned. they did not agree to follow the regulations. apple is there so as many other companies.
any films with time travel, too.
now let’s look at how many of these things are still accessible in china: all of them. basically, “banned in china” has about as much value as a penny stock. it’s just the chinese leadership’s way of superficially flexing its muscle, but they let everything through because they know it does neither themselves nor china’s economy (which they’ve built their domestic reputation on) any good to do what north korea does. these restrictions aren’t a big deal in china. any savvy chinese internet user knows how to “hop the wall,” and the government doesn’t care.
also, accurate maps are banned.
and yet that’s where most of the mining happens
what? why harrison ford, why the letter n and why christmas (for the christians who live there)?
alsp: democracy, free thought, freedom, images of genitalia
winnie the pooh cuz of the resemblance to xi jinping. lol.
south park is banned also
so amazo, etflix, bitcoi, sapchat, istagram itues, piterest is banned in china
that is so crazy, china is a terrible place
isn't donald trump also banned? would have to say i'm glad all this usa tech is banned, better for the usa and better for bitcoin in the long run. no constant interference like they manipulate the yuan. in return, maybe we can send them lebro james?
images of the dead... so if you play the forsaken in wow it is like something different.
harrison ford? i smell a bitcoin song to the tune of the hanukkah song...
you forgot the houston rockets
i thought peppa pig was banned too
they should ban eating wild animals too.
coming inflation should be great for crypto right?
but why males models??
these companies act as extensions of us foreign policy, this should not be surprising? just like we can assume chinese companies can act as extensions of chinese foreign policy. what is unique about this?
so china was not brought to you by the letter n?
are more than 50% of all the nodes for those other companies inside china? i'm just saying that this is completely different.
thought religion was banned too considering their multiple crackdowns on religious minorities.
joy division, the band
you could probably add u.
don't forget richard gere, hong kong and uyghurs human rights
a bunch of privately owned monopolies that pay for candidates on both sides? i wouldn’t call that good company.
kock kock! who’s there?
haha didn’t know about letter n and christmas. that’s funny.
why winnie the pooh?!!! wth edit - nvm googled it. that’s tooo funny.
question: why didnt they ban apple?
that is so true! but china is a crazy place and they are on top of technological developments! they are definitely trying to get on top of their crypto game, but it is all about control like having their own social networks payment networks etc. but i believe in eyeing that space and seeing what projects are adopted by the government! because blockchain technology is definitely in their sights!
is orchid(oxt) banned in china?
chinese games ban anything related to tiannamen square, the name, date, in any variation. the us is heading this way soon enough.
don't forget south park
dont forget they banned winnie the pooh too
back to the future
this is possibly the most delusional post here yet
i think south park is also banned... ohh and freedom of speech, free media, and open internet access do not forget those...
bro how can the letter n be banned in china? it’s literally in the name! 😂😂
and yet with in vpn you can use all these things
lets not forget xi jinping banned his own term limits... what a guy!
i know it’s a joke, but bitcoin is not “banned”. you can still buy it , sell it or hold it, you just can’t use it for direct transactions and banks won’t help you to buy it. that’s it, what is this fud?
oh wow cia propaganda making its way to the crypto subs now
i like bitcoin but this list is pretty persuasive to me not to mess with crypto that lacks privacy... netflix was created by the nephew of the godfather of propaganda... i mean we all know that christmas is a pagan holiday anyways right?... i mean im not communist much rather a libertarian and think all things should be legal... facebook steals your data more than the chinese government... most governments hate competition thats why we have wa wee phones and tech in america our government hates the spying competition as much as china hates ours... hey here is a thought athoritarian governments around the world take note is private is what bitcoin promised us. ' untracable tansactions look into it. fuck the all seeing eye and fuck crypto markets to make money... use crypto to have our own market to transact with like minded people and not worry about hyperinflation because our government can never print enough money.
so star wars and indian jones is not a thing in china?
as the most self sufficient country on earth, why would they want their population to help the west? why not make their own fb, instead of english websites with language features? christmas, they are not christian's so... i can see how its controlling, but not really oppression, you think the west dont stop media? cause they do. the letter n and winnie the pooh is pretty funny tho
damn, china lookin kinda based
you forgot , mlm(tbf that is a good ban), and porn.
china did not ban amazon
what did harrison do?
all crypto currencies. for years now. fud
everything on that list is complete trash other then harrison ford i don’t get that one lol
what about 1 is that baed?
i'll say here what i've said elsewhere. if anything, it is weaponized fud (not saying that in a maxi way, literally weaponized fud). i reaally do not see china actually banning bitcoin. "the art of war", heard of it? bitcoin is a tool that can be used to hurt their opposition (in possibly a multitude of ways), why would they actually throw that away? > supposedly their goal was not to ban mining. it was along the lines of desentivising mining using dirty power sources like coal through higher tax or cost rates. > they do not want to ban it (possibly), they want mining in their country to be pushed further towards carbon neutrality, using hydro, solar or wind power sources. at that is how their enacted policy sounds. > bitcoin is a tool to the chinese, i do not imagine they would give up something that could be used an advantage over the rest of the world. you also have that 4chan thread rolling around about an insider in a big corporation working with the prc, using bitcoin to attack an individuals net worth (i cannot say it holds water, but honestly it would be unsurprising). > if i could find my source again, i'll link it. (ps, still could not find it so 🤷‍♂️. just theory now essentially).
the letter n? can someone explain this one
harrison ford? ' wtf???
this is great perspective! screw china, they take the fun out of everything!
what a variety here
can't say i mind at all
zedd liked a south park tweet and is also banned.
china bans american tech and social media companies for many reasons, and it has allowed them to build their own internet infrastructure that does not rely on the west. western redditors might find it offensive, but it is a really smart way to make sure america is not harvesting your country's data and keeps the surveillance mostly domestic. america already surveils its own people to an extreme extent, and uses big tech companies to create an international data marketplace that it can dominate. idk why anybody thinks "facebook" and "google" are good companies who *should not* be banned. especially supposed cryptocurrency and decentralized finance enthusiasts.
you know what’s not banned in china…. r
i hope china bans bitcoin. more hashrate for the rest of us.
nobody is wondering about the harrison ford one?
countries that mined the most bitcoin: china and india. good luck boys.
thats weird because noone can filter chinese items from amazon searches edit wait the letter 'n' ? is not it in the word china?
considering how many scam artists that come out of china that scam people for cryptocurrency. i say it is a good thing, now keep it that way
wait how did they ban a letter lol
fuck communist china. the only good communist is a dead communist
you forgot little girls
you forgot little girls, too.
"invest in whatever the chinese government bans". this old saying is never so true.
lol this is maximum cope
so america is banned in china?
most of those has a "n" inside, no wonder they are on the list of banned
ts 89 is also banned (taylor swift)
that's rather petty of china to ban harrison ford and winnie the pooh but then again trump did try to ban tiktok from the u.s. too, lol.
brad pitt is also banned because of one of his movies
oh ffs! will you guys please get a grip? it has not been banned! only financial institutions are restricted from trading in it, which is the same policy that has been in place since 2019. individuals are still free to buy and trade as they please. all the chinese did was restate the policy on an official government web site that was simply updated to more accurately reflect the existing state of affairs. some fake news media outlets then picked up on it and the fud bandwagon went into overdrive. you are your own worst enemies. even though this has already been explained a thousand times to you all in a thousand similar posts since this 'news' story first broke, i come back and 4 or 5 days later a new crop of guys are rehashing and regurgitating the same old bullshit all over again! conflagrations on wiping yourselves out guys! that was a really smart move. each fud post here wipes up to 10-30% off the value of your holdings. i wondered why my portfolio kept oscillating so wildly . i mean this is a white water ride of a game at the best of times, but i had never seen anything as wild as these big 10-40% dips and gains over these last few days. then i come back here and look at the threads that have been posted in that time and there is an almost direct correlation between the amount of fud being posted here about this and other stories, and finally i understand that it is the fear mongers and fud aficionados here who have cost me nearly £35k in the last few days. calm the fuck down, please. if you really want to engage in a futile exercise in self-harm, lay of the fud please and maybe go buy a box of razorblades, or grenades or something and leave the rest of us alone, thanks!
i'm so glad china has not banned candy crush ...
bitcoin banned in china?
communists are really just fucking trash.
this cant be real.
why harrison ford?? brad pitt too was banned.
lol, this is a good summary. i feel at ease now.
no harris ford, no star wars
i'm gonna need some sauce about the letter n?
what do they call the nba then? ba? lol
do they fucking use bing?!?
seems like op is trying to say something.
but not dogecoin? cool!
don’t forget richard gere
are those things all tanking, too?
pornhub is still good to go!
i believe depictions of skulls and skeletons are also banned.
lmao, why block letter “n”? i thought they blocked f🤣
-lawns hence why they do not know how to get off of them.
must be satire lul
freedom & free will too!
with amazon you could have most of those
i hate facebook and some of these companies with a passion but in this case the enemy of my enemy is now my friend so i guess facebook is now on the side of good? lol
environmental resource issues involving bitcoin mining are very real in china - that is why they did it. bitcoin drops, entire market drops. this opens the door to environmentally sustainable alt coins, imho.
don't forget south park is "band in china"
everyone knows china is a totalitarian shitstate, does not mean a chinese ban wouldn't hurt bitcoin.
winnie the pooh to the moon
amazon is not banned in china
can they ban pinterest over here too?
itunes so what does apple chinese customers use for their music apps on their iphones?
and i think to myself... what a wonderful world
yet china swear they are not communist. oh wait there just a dictatorship! fucking chinese jesus christ.
it’s almost like they live in a communist country right???
well it’s also the fact that china controls a majority of btc mining companies , which controls the hash rate in mining. if btc is banned they theoretically could try to take those companies over for illegal activities and have some control of bitcoin
a lot of those are hardly what i would call "good company".
pretty sure if the ccp does not own it its illegal.
how can they ban amazon if so many sellers are chinese manufacturers?
windiana joe and the temple of pooh
i get what you're trying to say, but most of those things are very shitty.
bitcoin isn’t actually legitimately banned though. you can still own the crypto. it’s just not regulated
it’s north korea lite
reddit is banned too, add to list!
n is for nineteen ninety eight
you know what is not banned in the land of 🇨🇳?
you're forgetting the entire date of june 4th when nothing ever happened.
this is not true
4 ! i am going to make chinese people read this comment to scare them ! back at you! "4" fud !
the even banned that starlink internet. a weird country that bans everything
people think china is the reason bitcoin crashed... i'm suspicious it is just a convenient excuse for whales to cash out at the expense of everyone below them in the greatest modern ponzi scheme.
if amazon is true, it’s funny because they make all their shitty “amazon basic” knockoffs from china.
i'm ok with pinterest being banned. everyone should follow
i guess it is not the worst thing in the world but could not hurt having it unbanned in the most populated country in the world though but overall bitcoin will be fine in the long term just gonna take longer that is all
the fuck did harrison ford do?!
isnt the correct response to this: all those companies would be so much more massive if they weren't banned in china?
jesus, op, why did not you just say that china had banned most aspects of modern life?
missing peppa pig in the list
here you forgot something: free speech and privacy. ftfy
also, every cosmetic product that is used on humans has to be tested on animals first. has to be... thats why companies like lush are not in china. barbaric country.
martin scorsese is banned.
sounds like kind of a dope place tbh
we get it... but doesn’t mean china fud isn’t going to have major financial effects just wish they would pump their vet if they are gunna bash everything else 😂
take a look at r.
lmao at the goal posts moving all over the place. bitcoin can’t be banned!!! oh it’s been banned? oh well let’s slander the country and pretend like it doesn’t matter coming from the most populous country on earth that has massive global influence. can you guys at least attempt to keep your narratives coherent.
reverend insanity, the best cultivation-based chinese light novel.
lucky guys, no pinterest in their google sear… oh, wait
had to make sure this is real
need to add reddit to the list. >christmas >the letter ‘n’ >harrison ford what a weird things to ban, also what did harrison ford do
but why male models?
you left out; "saying anything remotely critical of the government"...
what did the letter n do?
• democracy • human rights
all degenerate stuff. seems like bitcoin is in bad company
they also hate iggers
they should have banned bats also
i thought reddit is also banned?
wait until people realize that [china's been trying to ban bitcoin for years](
honestly societies should get as much banned as possible in china make it a competitive sport
isn't this like the 4th time china banned buttcoins? despite have most of the world's hash power.
why s the lettel n folbiden? and halison fold? why?
why is the letter "n" banned?
han solo, indiana jones, the mother flipping president, banned. sad.
and for some reason i keep seeing chinese government officials actively using each of those platforms to post about china being amazing since ancient timez!
when i see this, it make me angry that we are still buying all of these shit products manufactured there. you want the benefits of the global economy but does not to play by our rules? i think it become critical that western developed countries start to learn to build their shits themselves and accept to pay a bit more for them instead of bending forward to dictatorial countries.
you forgot to add « freedom »
pretty sure the fact that bitcoin is banned again in china will make it more valuable over time. last thing i want is digital yuan or some other shitty thing controlled by a government that is busy committing genocide on uyghur people. as we all know (or should know), bitcoin is best. this is simply an acquisition opportunity period so you can get it at lower prices from those dumb enough to sell.
>the letter ‘n’ why? so they cannot start an n-word tower?
even winnie the pooh?? he did nothing wrong 🥺🥺
winnie the pooh !!
wish 3 of those were banned in eu too.
🤣🤣🤣🤣 this is so true 👌👌
south park.and everyone who watched that vivid special episode.
south park.and everyone who watched that covid special episode.
banning a cute yellow bear eating honey...?! that's just mean
can confirm christmas was not banned in china, christmas is not a national holiday.
add tesla to the list there
why is the letter n banned
sounds like a nice place. where’s all those “not in my china” totally not ccp shills and totally real everyday chinese people at?
the letter n, this feels like a list from sesame street
crypto is treated as commodies in china. it's not illegal, just not protected by laws. crypto exchanges were banned in 2017.
ayo let my man han solo enter china. ccps blockade is not legal
why the letter n?
they should have at least banned one of those pesky hard to say letters like l.
their in the right track banning facebook and snapchat though. their cancer.
“the letter n” ???
hahah chinas patoto :)
if you want more info on the real situation in china, check advchina and adv podcasts on yt. two guys living (until 2020) in china, showing and explaining all the stuff going on there from a first-person perspective. they are being harassed and were banned from entering. it's worse than you can imagine, unfortunatelly. so if the ccp tries to ban crypto, this means that crypto is on the right path.
winnie the pooh - salty ccp confirmed 😆
im shocked that “m” and “o” are not as well since they are always side by side with the “n” thissident
china will ban anything that gets more attention than its namesake communist party. only daddy knows best.
you forgot: • freedom • equality • free will
all the communist and corrupt countries outlaw cryptocurrency. they need to have complete control over the value of their money and their people.
winnie the pooh 😂😂😂😂
winnie the fuck wot?
the letter n? also the facts underneath my name are wrong you stupid mods. my account is not 1-2 years old and my comment karma is higher than that. idiota
instagram facebook twitter and snapcrotch. idk, some of these sound good to do without lmao
ditching china and elon are two great achievements for crypto as a whole. this is a long game 50 or 100 years from now are we going to be living in some shit cpc controlled gov coin world or are we standing up for our our privacy and right to manage our own financial destiny? crypto vs the chinese state, they may win round one, but it’s unlikely any non chinese citizen will ever support the digital yuan becoming the worlds reserve currency. like i said bitcoin was built for this l; it will effortlessly continue while states have to actively pour in resources to censor and play catch up. hodl.
besides communism & sweatshop manufacturing, what isn’t banned in china? 🤔
don’t forget south park is no banned in china to after the release of there episode titled “ banned in china “ in which they describe the way china treat its citizens
i will sell by shares in io ...
bitcoin is not banned in china though???
lol for some reason prostitutes didn’t make the list 🤣😳💄💋👠
you can add amc to the list now lol
if you don’t mind me asking, where did you find this information? i would like to read more about it
pooh was always a trouble maker. been known to straight-up bandit honey from hardworking bees.
christmas isn’t banned lol. all of these western sites are banned to promote people using chinese apps. having a vpn isn’t illegal and one can easily access those sites. i live in china and know loads of people with vpns that never bother with those sites anyway because they can’t speak english
winnie the pooh is not banned in china... you are not allowed to call the dictator winnie the pooh but otherwise the brand does exist in china.
you live in a fantasy
you people are so fucking stupid
you forgot free speech and human rights, winnie pooh does not like that.
fuck the ccp lol. feel bad for their citizens who actually want to leave there and live a better life but are so damn oppressed and monitored.
dogs are also banned so os doggycoin thats why they need shiba the dog killer
this is the most brain dead post on this website
more than half of this isn’t even remotely true
these denial posts are getting ridiculous. the bears are back.
so what? it’s their country . as for winnie the pooh omg it scared the hell out of me as a kid!
sadly, china is what the nwo wants to merge the world with. all nations will be brought up or down to china's ccp standards so the globalists can have communist continuity.
panther coin of the latest and new developing coins in the crypto market. please take a good look of it thanks.
you forgot soap and water
n is legal... i believe it is the letter l that is banned. faa raa raa raa raa... raa raa raa... raaaa
"harrison ford is currently banned from entering china because of his advocacy for tibetan independence"
china bans anyone who can do the kessel run in less then 12 parsecs
i too want to know this.
he did something china did not like
>so 'etflix' is banned ba**ed
it’s because they streamed indiana jones
i had to go through and pronounce every word without the n if they had one
i am loving this
basically the country name is chia
i would love to see movies provider based on ethereum where you can pay with eth. ethflix!
well technically, 'etflix' is neither of those things so you could probably get away with it? hahahaha
even the the free net is banned
use vp to bypass their firewall
there's no n in etflix ![gif](giphyhwmkbbnqbbnawsxk0o)
south park is also banned
no etflix is cool
itues and wiie the pooh 😄
wrong , etflix is baed
so all those rap songs are censored because of china, i get it now.
so wait. reddit’s available in chia? they could farm moo with us?
so how they pronounce binance (biace)? with italian accent i guess
coro’a virus is ‘ot real
zaczaz xqc. as se
sapchat too. is this for robbers or tree lovers?
tie a me is baed
they have the interet.
how does xi jipig get away with this stuff?
all of that and denis rodman isn’t banned in china! smh
and shopping company amazo
beef a d broccoli
likedi is okay though!!!!
the letter ' '
da kig i da orth
i need to find another way to order stuff online. i cannot use amazo.
i think they meant the "n" word
the letter r is also banned and exchanged with an l
1989 tiaame square massacre
what a pack of cuts.
they do this so they can monetize their own product. and this list needs to be sticked here! always. this will help prevent massive crashes. china (1) and the fed reserve (2) took advantage of the idiocy of karen musk (3) to crash the market. all three of these will make trading harder but if we spread the word (3 million subs) we can help mitigate the damage done by the 3 i listed. crowdsourcing information and memes are an incredibly powerful way to affect change. let's use it to our advantage, gentlemen.
brad pitt probably because of that movie seven years in tibet
they hate flowers in chia?
also "taiwan" and ai weiwei.
have you not heard? the country has renamed to chia
apparently the letter n was banned for like a weekend. someone in the comments posted the link to the actual news report.
most things in the list are not actually banned
idk, sounds like bs. christmas is not banned. i had a friend move to china to teach american english and culture. they celebrated christmas as part of the curriculum.
people in reddit are listening far too much to the misinformaton spread by many western outlets. christmas is not banned and is celebrated in many cities. the letter n is not banned, that is just ludicrous. winnie is not banned but i can imagine pictures of xi represented with winnie are censored. crypto was banned already in china since 2017. the crackdown is recent but is repeated every year.
they are known opponents of xtianity and also buddhism. as for the letter n, well, i was surprised to find that t[hey did exactly that]( rigid authoritarians ultimately must ban everything and everyone except for themselves.
paranoid americans will happily repeat anything that makes the ccp sound like a bigger, scarier dystopia than our own
they are rebels and the ccp is hunting them to stamp out their rebellious behaviour as they are not good little conforming robots!
at a time, "n," was either banned or borderline banned, it is not anymore, but people still re-frame from using it too much. christmas is not banned at all, that is to say, "celebrating christmas with santa," and not jesus's birthday.
its a joke im assuming as they speak chinese so why would they ban the letter n if its not in their language
xi jipig said so
this list is incorrect. i spent my first christmas in china in 2020 due to covid, and most restaurant were full of people celebrating christmas, there were christmas songs and decorations in most malls. i even received christmas gifts from my colleagues. of course it’s not the same as in western countries, but it’s not banned.
they're not, neither is winnie the pooh. source: lived in china for 7 years.
they're not. there was a thing with the letter "n", apparently, but i live here and never even heard of it so it is not like it was something that actually happened in a massive way. plus, christmas is a huge holiday here. it's almost june and i can walk around and still see some places with christmas decorations up, which is odd but the same thing has happened each year i've lived here. christmas is widely celebrated and takes over cities just the same as it does in the west. go into any mall or step outside along any major city street in december and you'll feel like you're in the us.
christmas and the traditional christian celebration of the birth of jesus christ is banned... the rabid capitalist consumerism is not.
surprisingly enough, if you say "that" in chinese, it strangely sounds like the word
christmas is a grey area, officially banned because china is not a christian country they are definitely very against anything not on the communist party agenda. buuuuut everybody loves a good capitalist spending spree so christmas still makes malls, shops and plastic christmas tree factories a ton of money in décember!
because its a rabidly stupid, bullshit post
careful, you do not wa't to get ba''ed by chi'a
nothing, it's like t in england.
i’ve been to china several times, they use the letter n. i believe it was there as a joke.
no wonder, they called it 'bad in chia'
can't ban it if it never existed
lmao imagine a us citizen saying this about another country
that’s banned since china is china
kinda like how your parents said drinking before 21 is not allowed
i don’t think cryptocurrency is banned banned. financial institutions are blocked from processing services related to cryptocurrency. so miners will still mine. they’ve mostly [shrugged]( it off. the difficulty will be them turning it to fiat to pay for bills. that being said, they can still probably sell them where the buyer of the crypto just wires fiat into their bank account and they transfer the crypto. they just won’t be doing this on exchanges.
that way you cannot say 'no'
yes, they temporarily banned “n” **because reasons** . . . like asking too many questions about the letter “n”.
now you are only allowed to call it chi'a
you cant say the n word
you cannot say no to the government. it's banned. you must comply.
it's because of the trending "n terms" in social media as a protest when xi could rule china forever without term limits.
not to mention, those companies were only banned because china wanted to create their own in-house versions of them in wechat, weibo, alibaba, etc easier to control that way and rake in billions of currency in the process.
yes. too many whales.
out of ignorance; what did twitch do?
and twitch is not banned in china. i use it everyday. i think twitch policy is strong enough to avoid issues that could bother china.
so long friend, farewell.
you definitely commited suicide with 2 bullets behind your head
critizig the govermet ** do't use the letter n comrade
_headset buzzes_ this is hiddentiger1 delete u
do you know how that will work in practice? i understand that many miners alternate between hydro and fossil fuel based on season. are they going to just shut down in the dry season and decrease bitcoin's hash power?
i like how you object to "china bad", but then point out ways in which china's citizens circumvent their government's badness.
probably because the govt. wants to rewrite history to something that fits their narrative. i’m seeing some parallels here…
the ministry of truth is not pleased.
it’s not true. lot of chinese movies use time travel. it is just not well accepted if time travel is erasing the past so it’s more as a common rule in chinese cinema that you don’t erase history.
winnie the pooh is not banned. you can literally find hundreds of images of winnie on baidu and weibo, and there is a winnie the pooh ride in shanghai disney. this is just a rumor started because the chinese film industry only allows 34 foreign films to show in a year, and they did not choose the winnie the pooh movie when it came out (probably because it was not a moneymaker)
he apparently has too many similarities with their great leader xi jp... poor winnie
people said xi looks like winne, so xi decided that the next generation wouldn't know what winnie looks like
oh look what's this? [ looks like someone's lying...
is it because of winne’s exhibitionism?
they did. they have no new cases and sent it abroad.
considering their efforts to blame other countries for the pandemic, they are at least trying.
also has harriso~~n~~ ford i~~n~~ it.
china proceeds to ban netflix, twice
i love sapchat, just picturing a bunch of sap farmers communicating with each other on whose maple syrup is better
oh my god. wtf is wrog with chia?
>winnie the pooh > >harrison ford could be a interesting movie.
they use harrison ford???
poor winnie for having similar physical features as this guy
*helo it is the anti-fun police*
don’t worry, they have their own local versions.
we'd be better off without it too tbh
you know how china has wumart instead of wallmart, or bucksstar coffee, pizza huh, hiphone... they also have their own clones or fb, insta and snap
neither does bitcoin. get some education before commenting.
yeah, that does not mean it is legal tho
you think any of these commenters know anything outside their moms’ basements?
but seriously, banning wechat is pretty crazy. luckily it never went through.
you know you're super racist right?
yeah but john is banned from quite a few countries due to his jokes on the bugle pre-hbo. egypt and thailand come to mind
they ban them and make a government backed copy that can be manipulated and controlled, just like they are doing with crypto lol
you’d really ban them? people have the right to be foolish, imo. and if you don’t let them make their own mistakes, they don’t learn.
they probably killed kenny too.
they have their own social media to control their information
wechat is the big one i know of, basically their social media and chat app in one.
yeah, there’s fucking nazi shit going on in china with their concentration camps and regime.
i see asshoes are catching on!
unfortunately, you are taking this ban literally
you need it to say “no”
lmao would like to know also
lol, now that you say it he actually looks like a pooh bear edit: just learned that pooh bear looking like xi jin ping or whatever his name is, that is why it is banned, people noticed hahahahahaha haha, what a loser
freedom was the first thing that came to mind for me. lol time for a regime change?
that cannot be true, i watched a chinese news report and everyone is so happy and really loves the government.
lmao holy fuck you are propagandized to hell and back
all of the services listed are not accessible in china. that's why if you see people pretending to be chinese, uploading stuff to youtube, facebook, etc. that means either - they are from the ccp spreading propaganda (i.e. ccp is great, china is the best, the west is the worst) or it is a person who risks to be taken away by the police for "terrorism" (i'm not kidding - using vpns in china to access the outside world is considered terrorism). you either know all of this very well or you've chosen to not see it.
true lol but it’s really to point out how casually china throws the ban hammer at things. think bitcoin will be fine regardless of one country’s bipolar stance on it
it's what people call the leader of the ccp.
chi a umber oe!
get off my plane.
even they know doge ain’t a threat 😂
no. they're on the side of making them (their shareholders) as much money as they can. imho that negates the old adage - a river might drown a tiger as easily as you, does not make it a friend.
hence all the weirdos.
>every cosmetic product that is used on humans has to be tested on animals first...barbaric country yeah i definitely not condone the requirement of animal testing, that is why we have technology nowadays to replace any backward savagery. shame on companies like nars, mac etc that chasing for china market but now when all the cruelty free trend rolled back at them making desperate to reverse their pathetic doing.
you serious? i just told you that a minute ago.
providing additional [source]( for veracity -- it is in simplified mandarin script, but you can translate it as follows: >although bitcoin is called a "currency", it is not a real currency because it is not issued by the monetary authorities and does not have monetary attributes such as legal requisition and coercion. ergo, it is not real money b. edit: apologies for the link not using https; you cannot access it like that from the american network, it seems.
what on this list hasn’t been banned before in china to some extent? please, if i’m wrong, correct me.
yea that one got me too lol
you mean harriso ford
also temple of doom
who independence... no such place as you mention exists! stop spreading fud. check chinese map, you see, aaaallllllll china, that the proof! you bad person, your credit score now take hit, ccp good!
isnt tibet a country or am i bad at geography? edit: huh i always thought it was
so i guess no star wars for them?
lol really. that's just mad. what's one actor gonna do against a country with a gazillion people.
oh no, his plane has to pick a different red dot on the map
yup that’ll do it
dude fuck yes. harrison ford is the man!
they don’t like crusaders over there
same with brad pitt
he just didn’t want to promo in china.
this sounds like medal of honor than banning lol
so lisa simpson is banned too?
brought to you by ... the letter 'n'
i woder if i ca see blade ruer in chia.
the irish indiana jones.
so, he simply existed?
probably rightly so because of the last raiders movie. a fucking fridge!?!?
coi means « ball » as in one testicle in romanian so bitcoi made me laugh 😂
bitcoi is ow officially illegal i chia
wtf did you just call me !?
the dog was named indiana.
you mean 'i_dia_a jo_es' !? don't wanna go to jail
yea, why do you think they call them chia seeds
i’d hate to see the gas fees for ethflix.
there are no n words
yes. and not because of "7 years in tibet"
and that was his reason why pitt got banned from china lol
if government cannot control the flowers, yeah they hate them.
since a flower is associated to a revolution, they do not like things that bloom. like flowers, ideas of freedom, etc
that's its pet name
also have you heard abhout the president xi jipig
i studied in china for a while and i've never heard of this, same for my chinese friends
i don’t think this is real. i use wechat with my family and i haven’t had any issue typing. maybe i coincidentally just didn’t use the letter n?
yep, i studied there for a few years and it just felt like living anywhere else. western media always portray the chinese as brainwashed but they are not. a lot of them actually dont support the ccp (especially the younger gen) and even openly say it on social media it also seems that many of their bans are performative and are not enforced by authoities. why? probably to appease potential anger by the masses
no. letter and really was temporarily banned
n represented the number of term limits according to chinese law. when it was announced the current leader xi jinping would have unlimited term limits, the government temporarily banned online usage of the letter “n” to cut down on the expected protests.
i mean the ccp is a much scarier government that most any in the north america and europe, same with even much of south america
not a fan of any state entity, but the ccp is definitely worse than the us empire.
10 years under trump and we’d be at the current ccp level. we’re not quite there yet.
america fuckin sucks. ccp is still much worse.
pinyin is taught to all chinese children.
if you read the article, i foud somethig iterestig. you ca't choose () i a votig of (y/) sorry, ca't type the letter after m. it's baed
seems like they banned christmas as jesus' birthday and not as a holiday. so eg. businesses cant advertise christmas as something jesus. but the people can still say this in private
you used the letter!
i thought everyone drank t in england.
unbelievably, not a joke: > china banned "n" as part of a widespread censorship clampdown that occurred after word got out sunday that presidential term limits might be dropped, allowing chinese president xi jinping possibly to stay in power indefinitely. > the pushback to this development was intense online. so was the government's pushback to the pushback. in addition to banning use of the letter "n" online, words such as "immortality" and "ascend the throne" were also deemed inappropriate to use on the internet. > victor mair, a professor of chinese language and literature at the university of pennsylvania, said the government likely feared that "n" was referring to the number of terms of office, as in a mathematical equation and > 2.
you mean hog kog
well they can still say ''
you can only make different varieties of the 'o' sound. questioning o realisation o understanding o angry o grave situation o sexual o you get the picture o
because of the implication?
wtf? i thought op was kidding.
leftover from the days of being ruled by the bri’ish.
yeah, but the chinese love saying a word that similar. it’s like “nega” or something. i heard it all the time. it took a while to get used to it. guys, i’m not saying it’s intentional. just a common word sounds similar and expats need to get used to it when they first get there. it’s something every english speaking expat and experiences when moving there.
well, it allows them to have full control over censorship, filtering, and control inside those apps as well. so if you say anything bad about chi’a, they can find you where you are, arrest you, and put you in pergatory (thisappear), and take all your currencies and goods. mining centers really need to move out of chi’a.
they will develop their own chinese bitcoi
sounds like a cheap magician
[“let me just check your social credit score...”](
dont know excacly ehat they will do. my guess is miners will take their bisiness elsewhere. maybe they will be included in chinas carbon credit program launching by the end of june.
every government in this world has its fallacies people go out of their way to avoid. or you want to say that americans traveling abroad to have high class cheap medicine services is not an attempt to avoid government's unvillingness to provide universal affordable healthcare? because i view it to be no different.
and i thought you were [kidding](
but we will always know
it is not banned tho...
walking around bottomless asking everyone for some sweet honey, yes. this sort of thing was cheeky in the 70s but is now illegal.
china banned it there and spread it worldwide instead
china the kid that never admits fault
that’s what i said :)
not really, just kinda want to
i was thinking about another word that starts with n lol, "no" makes more sense to be honest
china's one of the biggest manufacturers of plastic lol
time for a lil world war? m 🤪 hehe i am a smart freedom loving american. i love freedom and the us is definitely not genociding people right now 🤡🤡🤡 in america there is a lot of freedom, like the freedom to die for being poor 🤡🤡🤡first thing i thought about china was how they have no freedom 🤡🤡🤡 time to send some boys over there to murder people for a regime change? 🤪🤪🤪 damn right! 🤡🤡🤡
that would not happen without world war.
i suppose that depends on your definition of "ban". [ *china has banned crypto exchanges and initial coin offerings but has not barred individuals from holding cryptocurrencies.* *the latest statement, however, still stopped short of an outright ban on cryptocurrency mining. it also did not elaborate on the measures involved or scale of this crackdown.* *"we should expect the relevant departments, including law enforcement, to come up with detailed measures to ban bitcoin mining in the near future," li said.* ' so, they might be on the road to banning, or it might be alot of hot air. or maybe you found something i have not seen yet? anyway, i hope they do ban it, more hashrate for me :)
shit, got a point there
well for one, the burden of proof is on you, since you made the original claim. but if i had to pick a couple, the “letter n” and the winnie the pooh are especially egregious. actually scratch that. the most ridiculous thing on the list is that you think they banned christmas 😂
always been a g
well played sir, well played
who idepedece... o such place as you metion exists! stop spreadig fud. check chiese map, you see, aaaallllllll chia, that the proof! you bad perso, your credit score ow take hit, ccp good!
in modern history tibet was country, until ccp invaded it
wait... does this mean chia coin is actually china coin?
makes sense why they like that crypto...
_cha cha cha chia_
chi chi chi chia!
cha cha cha chia!
ch ch ch chiii___
ch ch ch cha chia!
lol yeah wait it’s in their damn name this can’t be right
we can call it tea
don't forget harriso ford and wiie the pooh.
“bit” is french for dick, so bitcoi is dickball.
i thank you for this wonderful knowledge.
you speak romanian ⊙.☉
wha abou jackie cha’?
don't even mention him. he started all these
banned. there, i said it
back in 2005, china believed indiana jones would interfere with the top down control over their citizens. so they made their own series of movies where the main plot was to save china from the evil american forces. a year later they effectively banned steven spielberg and some of his other movies. i honestly do not get the mentality behind their choices
yea because you cannot say “no” to whatever the chinese government tells you to do either you do it or go to the gulag.
oh shit, it all makes sense now
only for a few more months. probably fix it anyway by running it all on matic side chains
i thought it was se7en years in tibet
i was in china circa 2008-09 and remember that i saw posters for inglogrious bastadards.
i have never heard a word about flowers and china in my life, but i bet anything this is utter bullshit lmao
damn you really just said chinese people just don’t fuck with flowers at all
winnie the pooh isn’t banned either, you can find thousands of items on taobao, and the shanghai disneyland also has a huge winnie the pooh ride
i am not sure if there is something you can do to enforce that so i do not know. the only thing i know is that there are like lots of strange legislation in governments around the world that sound like a joke but they are true. for example, chewing gums are banned in some places of the world and some other things that can be considered even crazy.
i agree. not many people know this but china has invaded more countries than every other country since ww2, is prosecuting journalists like assange, has a camp in cuba where they have prisoners who wheren't sentenced, camps and a wall around the border where they remove the uterus of migrants women, only country who uses nucleair weapons and has the most nucleair weapons in the world, two party's with fascist roots the one speaks about racial jungles and the other about migrants being rapists and off course protesters getting arrested by secret police.
oh no, how about you actually address what i said
the letter, which shall not be named
ah, well i didn’t ever get into chinese social media so i guess i never came across it. that’s pretty weird even by their standards. i thought people were implying it couldn’t be used at all like in signs and things. imagine flying into “shaghai iteratioal airport.”
i thought that was the udertaker's logo at first
it’s a different language…. it has no responsibility to care that its words sound like a racial slur in english. btw it means “ ”, aka, “that”.
that's why i wrote "easier to control'... this actually happened to my ex-girlfriend's brother. him and his friends were huge fans of the video game 'pay day' where you rob banks. they put in their group chat 'so which bank are we going to rob today?' that evening, the cops were at their houses and hauled them off for some questioning. one of the kids also made fun of president xi's name in the chat in a previous conversation, and the police made it very clear to him 'you need to be more respectful of him.' with a warning before letting them go. even though i'm american, most of my correspondence is now on e2e encrypted apps like signal (which is banned in china, of course). i can see where this is all heading for most of the world.
why is it so relatable tt
it isn’t though, you can buy winne the pooh toys and watch the winnie the pooh show in china
to be fair they did use their authoritarian nature to their advantage. who cares about autonomy when you can enforce lockdowns and travel restrictions very effectively.
well you'd fit right in then
‘feck you mr. garrison”
it's obvious that this is the direction you bloodthristy western liberals are marching in
this idea originally came from me wondering what else had been banned in china’s past after the recent bitcoin ban fiasco. i decided to look online and noted the ones i found most interesting to share here. the letter ‘n’ was banned before for a very short period of time due to censorship clampdown about presidential terms while pooh was banned online as people began to draw resemblance between pooh and president xi. actually found the link where i originally found these sources so here you are if you’re interested. again, the point of the post is to point out how ridiculous china has been with bans and why it shouldn’t matter for bitcoin’s health. edit: sorry, didn’t see your christmas comment until now. now i’ll admit there was no official ban of christmas as a holiday but there have been a lot of controversies surrounding christmas and china from barring christmas public gatherings to thisallowing decorations in certain parts of the country. i apologize if i made it seem as if the holiday itself was solely banned in the entire country. yet you only want to downvote me lol why is that we can’t just have a civil thiscussion?
there was a bad accident on the set of cowboys vs aliens. it could have been avoided but a girl was almost killed. my buddy saved this girls life (and risked his own in the process). harrison ford asked around what he could do as a thank you. before the film wrapped hf showed up with a giant jar of weed and a brand new play station and presented it to my friend. straight up g.
probably gonna raid china’s tomb.
good thing g's are not banned.
chiacoi i think you'll find
one too many ns in coin
# taiwa umber 1
good thing the good ol us of a has premined 21 million of it.
that would be those damn freedom coins... ccp's not going to stand for the real real china claiming any type of independence!
actually your wrong it written " bite " edit ...i am a french canadian or preferablement quebecois francophone d amerique du nord
let me hit you with another fun fact: romanians tend to say "coaie" instead of "bro" or "dude". coaie is the plural of coi, so we're basically calling each other testicles.
why is it shocking that someone speaks another language besides english?
banned is ok i thik, because whe writte cosecutively the secod oe cacels the first
oh man chia comig for you
>i honestly do not get the mentality behind their choices totalitarians will totalitarian. logic and rationality optional.
i was going to type 'indiaa' but then found \^.
so you can only say "o"
this comment section is getting better and better every second.
sesen years in tibet, it is.
what's in the box?????!?
sounds like a knockoff starring brood patt
it is bullshit. the specific flower she wore, the sunflower, was a symbol used in the 2014 taiwan movement against the ccp. she wasn’t aware of that during her concert in china after and then got told she was banned when her visa was rejected years later. they don’t mind flowers overall. the guy just lied for karma basically haha
its not winnie the pooh that is banned. its refering to xi as his true identity, xinnie the pooh
you got downvoted less than the others because half the americans on here would not understand what you've just said.
ok. [70% of china]( trusts the news media vs. [29% in the us]( despite the chinese news media being [3rd worst in the world.](
shall ot be amed
sounds like pronouncing it with a racist accent
i mean it would be nice if it just posted the non. amp link instead. i wanna read the link but on mobile it is a hassle.
i didn’t mean to imply that they were imitating a slur, or fault them in any way. just that i heard a word that sounds like a slur in english. of course a different language halfway across the world should have no expectation to change their pronunciation because it sound like something else. hell, it could be pronounced exactly the same and they would have no expectations to change it. living in china i had to get used to a lot of things that were different. that’s part of the reason i chose to work abroad. you choose to experience live in a different way, food, culture, customs, all of that. i know i wasn’t alone in being confused at first, though. almost every english speaking expat i met experienced the same thing i did. it’s just one of those things we could all relate to.
yea, there was an acquaintance i ran into last year on a trip that got a warning from chi’a because of things he said to his chi’ese friends on we—chat last year. some of his family and relatives still live there. they know all about censorship, so they eventually kicked him out of the group chat before they would all get banned. they tried to take his investments too. but his money is outside chi’a, so cc--p couldn’t touch it. canada is going the same direction, just like chi’a. they’ve been sending their special swat styled police units to shut down churches, arresting christian pastors, locking them out of their bank accounts and investments, etc... we are living in some weird times...
yeah that cnn story has been debunked countless times, i’m sure you don’t care though. stick to things you know, like bitcoin i guess.
he's a real pilot irl probably already has.
banning harrison ford is tantamount to an express ban on all g's.
you mea you thik he will fid?
just wraiting something here cuz i have same outfit
fun fact 3: there is town on croatian adriatic coast named pula.
may i get an english phonetic translation i want to force it into my reality.
oh ma* chia comig for you
long live the republic of chia
i have altered the content in the comments. pray i don’t alter it further.
your mom is getting better and better every second
when sunflower seeds are sprouted, their plant compounds increase. sprouting also reduces factors that can interfere with mineral absorption. you can buy sprouted, dried sunflower seeds online or in some stores.
ah well... your comment had a weird tone that sounded like you’re criticizing em for saying it.
there are credible sources other than cnn like the guardian, business insider, etc that have reported the same story. if you just google it, the other sources will come up. do you have sources for the debunking of the letter n being banned? i’m being civil here, i just genuinely want to know if it was true or not. this one stuck out the most to me so it’s very interesting.
the whole production was a shit show. stories for days. director insisted on these giant sepia crane lights to give it that western feel. there was a crazy storm coming in, everyone warned him to shut down production, he didn’t listen. one of the crane lights literally went airborne and a cable wrapped around this pa’s leg dragging her with it. my buddy jumped on her got dragged himself but managed to free her leg. ohh man her leg. we had a set medic but needed to get this girl to a hospital. no medivac helicopters could get in because of the storm. we had to wait until it stopped and she was flown to a hospital on harrison fords personal helicopter. she ended up being ok but i don’t know more than that. there was also a horse murdered on set but that a story for another day.
but he is been in like 3 different accidents involving aircraft, so while he may play the best navigator in a galaxy far far away... he definitely is not in ours.
*shoud have used a questio mark*
oh my god stop it guys we only speak american here
i am a true taiwanese and i can tell you this: no, we are not. did you know we recently ran out of water, electricity and vaccines, much wow! two years ago, we shut down a multi-billions nuclear plants and claimed that we can ""，as in "powering through love"! and the government is advertising the spreading outbreak as ""。the closest translation it means "the connection in between us". no, we are really not number one.
log live you mea
thanks yeah she’s been working out and taking night classes
i get that a lot. even my wife can’t tell what my emotions are when i type. i just don’t know how to sound friendly.
if you’re posting about it matter-of-factly before you even “genuinely know if it’s true or not” then it’s already too late for you. keep your “civility”, i’ve got no desire to further this interaction, especially with if you’re gonna cry about downvotes 😂
it's true, he is actually had 4 "incidents". but he is also been a rescue and firefighting pilot too. he's helped contain fires and he located and rescued a hiker. he crashed a helicopter during autorotation training with an instructor who also could not recover the craft. he had an engine failure on takeoff and crashed on a golf course. he was praised by santa monica airport association for his decision making. the bad... he's twice landed in the wrong area of an airport. once on a taxiway instead of the runway and once he crossed a runway during landing of another aircraft. faa did not take action because neither incident was in danger of a collision. he admitted to fault in both situations.
taiwan is the best china tho.
this is the kind of comment that i imagine is paid for by the ccp for propaganda. because they certainly do that.
we never said "taiwan is number one". i said *taiwa is umber wa* been there, beautiful country. dont be so egative
still better than china
taiwan number 1 is a reference to a online video game clip encounter in case you did not know.
as an asian american, very few people care about taiwan. they just like saying "taiwan number 1" because it is a "clever" way to be anti-china. taiwan is just another political talking point conservatives and liberals use to mask their racism towards chinese, and a lesser extent asians.
sorry to hear that, is there anyway those in the west can help?
you are number one deal with it
it’s just a joke. they’re referring to ‘china number 1’ a joke that westerners make about china. it’s supposed to be condescending towards china, sarcastic and a tad racist
this does seems sus now that someone said something lmao.
here, let me fix that for your chinese overlords. " o, we are really ot umber o e."
hey atleast he is honest
a true shill that is what you are.
you should be glad you've run out of vaccines, bud.
god, can you imagine being lost in the fucking woods or dessert or whatever, you're scared, alone, death is certain. suddenly you hear the faint chopping of helicopter blades in the thistance and get a taste of hope. it gets closer, spots you, starts landing. salvation is here, you're not gonna die. the helicopter touches down, and han solo and indiana jones open the door and wave you inside. what a fucking trip.
fly? yes. land? no.
finally someone get it!! yes, taiwan is the original china! china nowadays should be called "，republic china". it's sad that china is no longer refering to taiwan, but the r.c...
i do not even know what ccp is???
“i’ve visited your home country as a tourist, it’s not so bad” lol i’m sure
bee there, beautiful coutry. dot be so egative*
so fucki silly commets 🤡
can't solve a countries problems with positivity
well yeah, we still have wennie the pooh, lol.
yo, how does it goin?
*far east asians. another racist thing is, everything west of korea and east of ankara is somehow not asia
for asians in america, it's clever way to claimed yourself a taiwanese to keep from racism attack,imo. "", translate as in " there is no difference in garbages whichever party". quoted from ，mayor of taipei city.
well, noted. i hope uk is supporting gay couple surrogacy, because we're sure do not.
honestly, they can. we have always recieved help from usa, with considerable money we paid, lol.
support taiwan's re-entry into the who as an observer. also if you have the time, call your senator (if you're in the us) and encourage them to support sharing vaccines with taiwan.
number 1...? well, my bf do not like being bottom, though. lol.
tha k you, ki d redditor.
taiwan mainstream media used zpdiac and birth animals to suggest which stocks catagory would prosper during chinese new year, so yeah we are truely advanced. lmao.
people say china has influence on reddit so now we will find out. good luck!
exactly what a ccp member would say.
a true taiwaese would ever ot kow that
“true tawainese” “i don’t even know what ccp is???” these are opposites
p sure he is joking?
uh, wiie the pooh dude. do you ot read?
i wouldn't want my government supporting something like that. they can do it in private.
because they are genetic experiments. research.
i just want to see these fuckers face some consequences for their actions but i'm not holding my breath. with their wealth they can just buy themselves out of trouble
don't forget jake paul racked up millions from three separate crypto scams!
the bigger problem is these people have any influence in absolutely anything. why would people ever listen to kim kardashian (for example, not to single her out) about anything at all. these people are just not important. their opinions do not matter. listen to their music, watch their movies, and thats it. we now have all these "famous" people who think what they say is important and people listen! i would not be taking any advice from lebron james or whoever the hell else about my life or money
one of the first steps in your research should be checking if the project has been promoted by an influencer. if so - move to something else.
i never thought people would be mad for getting fucked by kim kardashian.
i am surprised there is no fyre coin…
if you like learning about the newest scams you should watch coffeezilla and spencer cornelia on youtube. these guys risk lawsuits, threats, etc just to get the truth out there. it's awesome content and helps you be aware of some real sketchy projects. basically if a celebrity endorses it, chances are it is gonna be a dump
a good rule of thumb: if influencers have attached their names to a crypto project, get the fuck outtt
disagree. particularly with the title. some people are not that smart, that does not mean it is their fault they were the target of a successful scam. they are precisely who that entity was trying to target. this is why old people fall for telephone scams. "it's your fault and nobody feels bad for you" is just a shitty way of saying "i do not care, nor does anyone else". why do you feel you need to project that?
you forget to mention: crypto banter alex becker ellio trades bitboy crypto
i feel bad for people who get scammed. i am so irritated by people espousing these hardline, unempathic beliefs. we live in a tremendously unequal society that essentially equates wealth with morality. people see those with celebrity, power, fame and they want some of that. so when a celebrity they trust offers them an opportunity, many are inclined to take it. it's an attempted shortcut to success but for many people it is a perceived route to a place they may never have a realistic opportunity of getting to. it's so condescending to make posts talking about how your understanding of the crypto market is so absolute and your investment decisions are so rational that you cannot even feel sorry for someone who falls victim to a scam, particularly when scams thisproportionately impact people who are in a financially vulnerable position.
the fact that people are still buying shib and doge would suggest most people are doing zero research outside of social media
just want to say this mentality is toxic af. we should be fighting against scammers, not shrugging our shoulders and going "welp its your fault" that mentality is going to hurt mass adoption because we as a community need to be the ones to fight against corruption since we do not have a centralized agency to do it.
redditors are getting paid to scam you
# dyor. simple. it's always been like that. and not just with crypto, with everything in life.
people who take financial advice from celebrities especially about crypto they deserve to lose their money.
influencers have all the rights to communicate what they want. it's up to every investor to do due diligence and see if a project is worth investing in. blaming everything on influencers makes no sense. everyone just wants to be fed information that is the problem.
can't believe people still look up to celebrities... just show how stupid people are.
god, seeing this in this subreddit is maybe the highest form of not being self aware
yep. its even worse that the stock scammers. you want someone to tell you what to buy? watch what politicians buy and sell and do the exact same thing. your good bru.
like when matt damon wants you to invest in crypto
you’re already scamming yourself by following these influencers, stop waisting your time on them.
i want to see celebrities going to jail for these cheap scams
what about ben cowen? he has never mislead me financially or caused me losses. he’s one of us!!
they are getting paid to make videos that get views and then get paid by advertisers to put their project on the video due to the views. if you listen to influencers and youtube vids youre an actual idiot and its kinda your fault imo, not that you should feel bad everyone gets scammed at one point in their life.
in the other news, the water is wet.
they are basically paid shills…
shitboy has to be one of the biggest scamming scumbags out there.
buying crypto promoted by these *influencers* is not red flag but its a flare. not to forget bitboy is still out there scamming so many newbies.
one of the best things i ever did was delete social media. these people are just toxic and do not add anything to your life.
everyone will get played at one point or another. the issue is making sure you do not harbor low-esteem because then you're a repeat target. learn and progress or stagnate and die!
i feel bad for them, they are only human and we all make mistakes.
theres a few good people that i watch on youtube worth watching, how to do this in cryptocurrency , type thing (using hardware wallets) :p since hardware wallets are abit more complicated
these people should be sent straight to jail. they have enough already, they want more i get it but why scam your followers. they really deserve a nice long criminal sentence for all the money they stole.
there are here to make some quick bucks of their fans. just the opposite of what they say
the recent bitconnect ruling changed the game, the influencers there got sued because it was ruled out that using social media to sell stuff is still selling stuff, and just because its done in the open doesnt mean it is such, previously it was the opposite. this means they are getting sued as accomplices now. and this means every single influencer who promoted for scams in the last few years is in danger too. (in usa)
breaking news: in surprise development paid advertisers are no longer guaranteed to tell the truth.
to stop these pumps and dumps however, we need more regulation, which this sub is generally against...
jake paul is a scum bag
karma comes at some point. no matter what anyone thinks their getting away with, their time will come.
thank you captain obvious. this has been done since late 2016, and it is always the same cycle. next bull run, does not matter a year of two, it will be the same. never let yourself be influenced by stars, twitter people or yt. research and do your own stuff. before i purchased ocean protocol, eth, ngm among a couple others i spent at least 10 hours researching them. always follow your lead.
it’s not really the celebrities fault. if tom hanks publicly says “does anyone want to buy some magic beans, they will be worth more money than you paid me in the future” and then you buy magic beans from tom hanks, that’s on you for being a fucking moron, not tom hanks.
if you’re gullible enough to listen to influencers i have zero pity for you. you’re just an idiot.
this is not about crypto or nfts. this is about all these worthless pos (i.e., "influencers") who peddle their snake oil on zuckerberg's assets. anyone who has ever been influenced to do anything, anytime by any influencer, except being influenced to take a giant steamy dump, has been hoodwinked and deserves to stay permanently in poverty.
you get financial advice from influencers? lol of course you lose and always lose money
never never never blame a victim
there are probably reasons why someone like slavoj žižek would not sell his new book in nft form.
i feel bad for their victims
it is interesting that people fall for it. take kim k, she had never previously expressed interest or knowledge of crypto, but people would throw money at a shady project she promotes...
influencer are bad. come on, it is been years already making idiots famous. enough is enough
how do people that do not know this even have enough money to lose to those scams?
this shit has been posted over a hundred times on this subreddit. moon farmers… smh
up to the "for profit" social networks to de-influence them or they should be held liable.
everybody want to sell you something, broke ass like us are sold mostly bullshit.
golden rule is: trust nobody in crypto
it’s sad to see how many people don’t get this and unconciously believe influencers and youtubers are their friend because they share their fake life with them
people are skipping the youtube adds as fast as they can to get to the add they chosen themselves. youtube basically is a place where you can choose your own add.
they only care about their pockets
these people dont give a shit about us, yet we simp out and feed them more money and praise. fuck them all.
damn you matt damon!
people just need to ignore these "influencers", why follow their financial advices?? 🤦‍♂️🤦‍♂️
and here my wife's says they are good ppl
they will hate you for telling them the truth.
true. i still find it hard to believe that scammers still work on twitter and other platforms trying to make you buy coins, that is are going to pump x100. i like to chat with them and try to convince them to send me some usdt, btc, eth, or something else. but if they exist, then some people are actually falling into their traps and that is sad.
great…nigerian prince is not a celebrity, so my btc so safe in his wallet:d
**no one is my friend.**
i know someone who does a majority of the programatic work for kim k. and i really wish they would receive consequences for their actions after assuming a computer science degree and using it to help her. i'm flabbergasted to see the examples. nothing on the internet can be trusted. people are not following the rules and it is affecting humanity.
if it is on youtube it is a shill
it's time to eat the rich.
sammers exist because people want to get scammed.
just boycott them! i unfollowed every single cute and sexy influencers long time ago… there are egocentric and only see you as likes and abo material 🤢
they have especial quota reserved in hell.
but why is there a photo of kim kardashian though
i only watch coinburea once in a blue moon, i am active in this reddit and a few others and that\`s it. there is so much scamming etc. i see these "friends" facebook posts of them posing with a nice lunch and then a picture of their ipad with some crypto coin stats with the etc so fucking cringe and 100% they are into telegram pump and dump scams. probably nose deep into pump and dump scheme\`s and with a few dollar profits here and there allude others the idea they are successful day trading crypto from their moms house (not joking) now i have invested in crypto for a while i am confident there is a large part of crypto that is a pyramid scam.
if a celebrity shills something... run
i would love to open a completely unbiased channel covering all aspects of the field (from cryptography , blockchain - to nft valuation and investing) - however the main driver in this field is not desire for filtered education - but greed; many truthful and honest channels created by experts, giving fair news are dying - while lana rhoades , jake paul and other scumbags are gaining more wealth than ever.
your parents always said “don’t let anyone influence you.” i’m not sure when that changed…? but it did... how do they say “a fool and his.” shame but true. who would follow souljaboy? like for real? i could see why someone may follow kim k, but not for any financial stuff. 😂 a woman known for a sex tape is telling people financial tips or advice? smh
if you let yourself be guided by other people you are a sheep and would not be able to break out of the herd
i have no sympathy for people falling for influencer scams, dyor!
i feel bad for them. some people are not bright a d some are green, and i do not think we should allow stupid or naive people to be taken advantage of.
faze banks a real one tho
i recently got scammed by following one youtuber...
if an influencer is shilling a crypto and you hold it get the fuck out cause you know for sure it is gonna fall off a cliff when said influencer sells all his shilled crypto,these people should be given jail time as a fine wouldn't teach them ...
i feel bad for you.
do your own research. i hate that i literally have to comment this every single day. it took me a long time of researching matic before investing in it. it has turned out lucrative but could have turned out real bad. dyor.
this should be common sense moving forward.
i just do not see why they do it, they are super rich, why would they try to scam people like that.
if anarchy ever hits, i am happly going to trash all their expensive shit, just like harley quinn but with hairy legs
the matt wallace pump & dump show... lmao silverspoon fed mommy's boy got rich off of mommy's money. tametheark is another pump and dump group, that enjoys the mentality of the greedy rich. the losses posted make wsb look like professional crypto hustlers...
>influencers are getting paid to scam you. they are not your friends. yes, this is good advice. >if you lose money listening to them it is your fault and nobody feels bad for you. ...and you lost me there. we were all newbies to crypto once - some of us were just lucky to not be introduced to it by these influencers. and keep in mind that these paid scammers have a far greater reach than us warning about them, which is why these scams are so successful.
never take financial advise from influencers
anyone who follows "influencers" and invests their money accordingly are morons to begin with. blindly putting money into something because a celebrity mentioned it, especially nft projects is self inflicted. celebrities getting paid for advertising these sh!t projects via twitter is nothing new. and people wonder why regulation is being sought after so much by governments. it's because people are stupid and then call it a scam... that is why due diligence and research are so important. smh
sad thing is we still fall for those scams. the world has no shortage of stupidity
this is what i want for them too . there has to be some legal framework for them to get retribution . and yes ,,, people are really gullible to fall for it
yeah… what do you expect when someone is telling you how to spend yoir money
nobody is asking for them to feel bad for them, they are just asking for investigation into the influencers who violate obvious tax laws and sec regulations. most icos are not even allowed to be sold to non accredited investors in the us.
if you care what influencers say about anything, ever, you deserve to lose your money
your money, your responsibility. if you do not feel safe to manage it, use banks or accountants. if you lose money to celebrities, it is as much on them, as it is on you. they'll get a mark on their ledger and you'll lose money. but as rule of thumb: trust no one. not even yourself.
straight up scams that should all be prosecuted
when influencers use blockchain to scam people, they’re dumber than we think. in the anti-safemoon club, we have blockchain evidence of jake paul receiving ,000 in safemoon, to promote safemoon. after his promotions (and several other influencers linked to ben philips) the value of this bag rose exponentially. paul missed out on cashing in at ath, but he cashed out ,000 and converted to a usd stablecoin before selling at an exchange for real cash. if these were cash transactions, these dodgy deals would have gone unnoticed. paul did not thisclose he had received payment which violates laws in california and regulations set by the ftc. he is going to be in hot water.
influencers is the new word for paid scammer
i fell for alex becker shilling moonriver and cryptowizard shilling brokoli :-(
influencers are the cancer of society but i dont know whats worse, them or their fans that will defend them while they are stealing their money right in front of them.
does the rest of the world admire celebs? i swear, as much as we claim we’re the “greatest” country on earth we are not that bright
especially ben cowen. even the influencers you like. wake up and embrace gains
check out kiratv on youtube, he covers alot of these scams and is hillarious doing so. highly recomend. he goes into details on what to watch out for.
influencers have no influence on me - i avoid influencers like the plague and do my own research and readings
how will there be adoption if there are no influencers. anyway, maybe they are just overdoing things.
do your own research. i have learnt it since 2017.
influencers are the plague of the 21st century. not all of them, of course, but a large majority. i thought marketing was bad before social media, but after the commercialization of the internet, it is arguably the worst weapon of mass dumbing down in history.
if you get scammed it is your own fault ?
this can be answered by looking elsewhere... look at elizabeth holmes...right now. ...if you can dupe em' sufficiently enough, the 'punishment' will hardly look like a deterent the the next aspirants to wear the buyer beware sh*t crown.
instead of attacking the common folk why don’t we focus on these pieces of garbage and stop them?
i have no compassion for people getting rekt for investing in shitcoins. educating yourself is your own sole responsibility. you have been warned. don't whine after.
anyone who believes in a scammer's coin either: * thinks they will get in before everyone else and "ride the wave" of their popularity. * is dumb enough to think the celebrity is telling them good advice.
is there a way to earn around 400 dollars with crypto within a day? and if so how?? im afraid to open a whole new post for this. can someone help me ?
does anyone actually follow influencers?
you have a keen grasp of the obvious
i really do not get how the term 'influencer' is not viewed generally in a way more negative light. i mean just the world itself gives me a bad feeling as the persons only function is to 'influence' me, to not let me make my own decisions but to try to guide me to their desired outcome. and the fact this has become a job *an sich* is crazy. before, you needed to be known for some other skill, talent or occupation in order to gather fame and being able to endorse products and make people buy more (f.e. sporters, musicians, etc.) but now the influencing itself is apparently the key feature. it fits all too well in the continuing strive to be able to both read and intrude the most private thoughts and decisionmaking of people on every slightest aspect. it's fucked up.
agreed all of em are trash.
crypto is unregulated :)
you're not gonna reach your target audience for that comment here. i do not know why this needs to be posted here every 5 min. oh yeah of course moon farming.
if you have to be told this numerous times through these types of posts that pretty much say the same thing each time so the op can try to earn some moons, you deserve to lose your money.
i mean this is mostly true for influencers even when they aren’t shilling coins
i do t know why most people don’t seem to know this, but most influencers are directly paid by advertisers to promote products. you’re watching infomercials. stop doing that. as for whether they should be sued, i guess it depends on the case. but frankly, if some streamer tells you that you need to buy a peloton, and you go buy one, that’s on you. it’s the same thing if they tell you to buy elondogcumcoin or whatever. if you’re too dense to see that you’re being advertised to, i don’t know what to tell you, you’re going to make some poor financial decisions in your life until you figure that out.
check out coffezilla on yt he does investigative work on these fuckers. there already is a class action lawsuit against a few of them.
its my money and i will cry if i want to, cry if i want to, you would cry to if your were dumb like me ... ( discalmer: i am in fact not that dumb )
like you... ya i'm blocking you dick nipples
this is so on point it hurts.
all of the youtubers are there for [their own profit]( yes, including coinbureau.
most of what celebrities promote are scams
imagine investing in a crypto project with no white paper. and the main promoters are kim kardashian and floyd mayweather. some people act like they deserve to get scammed.
i mean people getting scammed all day long on reddit too. it's almost like crypto in general is one big scam.
hmmm, this applies to many things not just crypto.
the word "influencer" actually grates my soul. they are not influencers, they are scam artists.
youtube is for fixing appliances, not for financial advice.
dyor has never been so necessary as nowadays
i love headlines like this. its tough but thats financial responsibility for you. scamming people with crypto is lije shooting fish in a barrel. too easy and too easy to avoid consequences.
anything that tries to get you to buy in without research is bullshit. if you’re on this sub and fall for this type of shit then you don’t listen to the rules of crypto and you deserve it. quit buying into obvious bullshit by paying attention to investment fundamentals.
i'm pretty sure people on this sub do not follow kim kardashian... i think you're preaching to the wrong crowd. the people that got scammed by them will be on tiktok.
lmfao let us go to sun and burn and die rogether
itt: people who do not realize that crypto shitcoins are just 2020's version of penny stock traders in the 2000's
how are they not getting into trouble for these scams?!?!?!
it’s like no one took any lessons from the south park episode with cash for gold scamming the elderly
anyone setup a shitlist with ones to avoid?.
who heard about jake paul scamming over ?
funny how the rich get away with so much
my cousin made a lot of money being gifted a nft from a rapper so just depends on when you jump out i guess can’t be the last to the trend
celebrity infuencers are also usually fake, especially if they write to you and pretend to want to be your friend. i used to work in hollywood and was social friends with many movie stars. i tried sending some of them on instagram "official" pages old photos of us together. three of them wrote back pretending remember me but i could tell they were scammers, especially after one advised me to send him "hang out". non celebrity sexy influencers are also often cat-fishers trying to get money in exchange for supposedly meeting. no beautiful woman wants to meet strange men on the internet, they just want money. and likely if you send them money you will never hear from them again.
how dare you say that about kim!
where there is money involved, there will always be scammers near buy trying to make a quick dollar. always be weary of anything claiming to make you rich overnight.
shills are common now. it’s just becoming life after commercials.
the mainstream shills are what gives crypto a bad name. there should be a law against promoting crypto to be honest. i mean who promotes, say, the pound? i wish things could go back to how they were when we were all using bitcoin to transfer money quick and safely.
they should all be jailed with the money they got from scamming seized.
if a celebrity is selling something, i know it is overpriced because their endorsements aren’t cheap.
i get enough flak from my friends just for taking movie recommendations from influencers. are you mfers seriously taking financial advice from them?!
add floyd mayweather to your list.
i feel bad for people who fall for these types of things
should check out this guy's channel: [crypto exposed]( or one of my favorites: [zachxbt](
or they are selling you online courses
we should have transparent chained voting for people's reputation
it’s literally their title. influencer.
you would think that this is common sense lmao.
you know who else scams people? all of the ta on twitter and youtube (and wherever else) who kept saying "+". they were locking liquidity in.
just remember with every millionaire scam artist created, there are a million suckers who paid for them to get to that stage. don't be a sucker, do your research, the whole bitcoin and ethereum stage is gone. i'm not saying there would not be another coin in the future worth investing in, but just like stocks, do your research and put in what you can afford to lose.
i mean i feel bad for them. why wouldn't you?
influencers are paid to influence people stupid enough to be influenced. it's in the god damn name.
i do feel bad when criminals take video footage of people like vitalik and charles and make a scam out of it with a professionally built website "send me 1 eth, i will send you 2 eth back".
they're only influencers if you allow yourself to be influenced. who is influenced by these people? so many influenced, in fact, that it is a problem?
all of this bloat that has been tacked onto blockchain really upsets me. all of the scamcoins prove the point of crypto being a ponzi scheme. every memecoin and dumb zero use case nft adds to the environmental impact for no gain other than scammers making money. these things drive away the average user, which drives away the actual societal benefits that blockchain can provide.
i stopped watching one of my favorite youtube channels because he bought another vehicle for his girlfriend to work on the channel. the girlfriend who knows nothing about cars, while in total it is their like 20th car they own. it's all for clout, and it is not even entertaining anymore
i though losing money was the goal here?
i do not have any compassion, empathy or sympathy for victims of scams? wow, thanks for bringing this to my attention. obviously, i have been woefully misinformed on this matter. i was always under the impression i was not a callous, sanctimonious pr1ck. that learned me. have you told cipherblade? cuz like, those guys are kinda trying to build a business based on assisting scam victims. it would be useful for them to know they have zero interest or care in assisting any of their clientele before they drop too much capital in a project that is now obviously doomed to failure. what a c0ckw0mbl3.
lol they are scams in real life too - with no regard for their audience. what good have they brought to humanity? awful reality tv, subpar music, arrogance etc. that pollutes our culture. i listened to soulja boy growing up. but if i had children, i would hate to have them listen to soulja boy...or watch kim kardashian.
who actually pays attention to any kind of "influencer". the number of people who put any stock in what some rando on the internet cannot warrant concern.
i mean, if you’re buying “ethereummax” because kim k tweeted about it, that’s your own problem. personally, i think it’s even scummier to sue a celebrity over promoting ethereum max. kim particularly only posted one video with the to inform her viewers it’s a paid promotion. to anyone with a brain that’s her explicitly saying she doesn’t personally promote it, she’s taking ad money. that’s literally her job. you’re stupid to take crypto advice from a beauty influencer
i chucked a little into parrot dao when it came out. but after joining a voice chat and hearing how juvenile and immature the dev was, i sold and left. i also saw that soulja boy was paid to promote it on twitter. i knew this was a red flag for rugs, because true devs let the roadmap and tokenomics do the work, over months and years. they do not need instant hype. instant hype is mostly behaviour for devs that want to rug asap. next day, the project was rugged.
i think every youtuber except for alex becker and benjamin cowen get paid to mention a crypto. [there was a list somewhere \(found it\)]( of how much they charged for mentions
i have 0 pity for people that enables the existence of influencers, wasting their life for untalented and bland people , making them rich in the process while they live in mediocrity. yes, influencer culture triggers me very hard
for them to be sued there needs to be regulations around crypto (something that a lot of people were vocally against in the past). i hope everyone starts to see why it is needed to some extent, and it is not only a matter of the government wanting to oppress its people. i'm all for being cautious about governmental overreach but on the other hand the lawless jungle we have right now is not helping to gain mainstream adoption.
i occasionally work with influencers in the advertising industry. let me tell you this; when they promote its very obvious and their messages are not as good when they get the organic. influencers are hot garbage when recommending products and i have direct insight to this. on the other hand, top executives continually want to spend money on them, and the influencers will gladly take that money.
they will be the first ones regulators will crack down on (in some places already doing it)
i would be hesitant of any famous person shilling a coin
it's just sales v2.0. same schtick, different medium.
this just in! ice is cold! desperation makes lazy people goofy. if you want to take the advice of an influencer who clearly has no fundamentally sound investment advice beyond (buy this thing, it’s great i swear!!!),as opposed to a financial advisor, or doing your own research, you’re essentially accepting the consequences. as someone who grew up in poverty, i still wasn’t stupid enough to fall for shit like this, even at my most vulnerable. nowadays, if i’m throwing my money at it, you bet your ass i’ve studied the fuck out of it over months or years. research and experience is why some people aren’t phased whatsoever in this market. keep letting other people do your thinking for you, and see how far you go in life🙄.
but matt damon told me fortune favors the brave!
how iceposeidion isn’t neck deep of legal trouble for what he did is beyond me. fully agree with this. influencers are the last people that should be promoting a crypto or nft project. chances are they have zero clue what they’re talking about and aren’t even doing the bare minimum to legitimize their project. any influencer promoting a project should immediately be flooded with comments urging people to stay away. as for faze clan, i hate these shitbags the most because their target audience is teens and young adults; people with money they shouldn’t lose.
not just celebrities but many crypto you tubers are also simply paid shills for the projects they make videos about.
they won’t see any jail time or fines. our system punishes retail instead because they feel we can’t be trusted with our own money. so instead they will label crypto’s as scams. these scam projects don’t even represent true cryptocurrencies. while i’m all for people being able to control their own money and i do think those that invested based on these influencers “got what they deserved”, i do believe those involved in scams knowingly should be punished justifiably by serving time or massive fines (not just ,000’s) to thisincentivize bad actors.
and they ask people to pay for"premium" thiscord groups
hard for me to feel bad for people that buy into obvious scams.
i feel no sympathy for people buying their bullshit!
does anyone in here actually watch influencer videos? i've never seen one. but i'm old.
even if it was not a straight up scam. taking advice from kim kardashian. i mean come on, people.
if anybody tells you to buy another other than btc, you’re being scammed into a fake coin. btc is the only real crypto.
matt damon did this to me once and now i’m 6 months behind my mortgage waiting for the bank to show 💀
who do you think should sue them?
they're a bunch of vultures. preying on dead projects and eating the money of their duped fans.
its because lead lowered the iq of many people
consequences in monetary terms i dont see happening . wealthy as many are or are now, i'm almost sure many are covered as one said llc' s etc...they are as bad a scam, rip off, that reminds me of early circus shills...carny games...the used car salesmen...used car salesmen were the 3rd least trusted many years ago and remain high on list, probably right below crypto influencers in todays ratings...
but jake paul seems so trustworthy
the community needs more tools to make project evaluation easier. lowering the barrier to entry there will help bring new people in without them getting scammed by influencers
please be advised these influencers will say anything to you so they get paid. stop listening to them
just literally do not take any advice for anything in life from social media.
so wait. you want cryptocurrency to exist without government intervention. but you simultaneously want government intervention? wasn’t the point of cryptocurrency to allow people to trade wealth without government involvement? when you create something to circumvent the government, rules don’t apply. “good faith” doesn’t exist just because you want it to. do you want no exit? trade stocks.
hot ass take really. sounds like someone fortunate enough not to get duped… yet. reality is both parties are culpable and i’ll tell you this… the fooled is the least responsible.
guys if you have twitter and want to be aware of influencers promoting scams follow this lad he investigates and exposes influencers who scam their community
the kardashian promote this led mask that cost over ’s only costing pennies to make
the only person you should be listening to in the crypto universe is yourself and no one else- typed it in all caps for all you stupid dumb ducks out there. always dyor!
the only people i like are crypto banter, cryptosrus, and investanswers. all of george's calls are solid. bitboy definitely should not be a thing, he is like the wtf are they called... logan brothers of crypto.
if you're influenced by anybody on social media you need a psychiatrist or some real friends.
yeah these are bad people, but anybody falling for this shit deserves the loss... there are thousands of tokens out there now, if you lose all your money because you bought something you've never heard of, simply because kim k told you to, then you deserve the loss imo.
tbh ive seen 10x more "influencers are scammers" threads than ive seen people complaining about being scammed. people know these pump and dump scams are all over, they just tell themselves they will sell at a gain. no one's surprised a rug pull happens, they are just surprised they didnt sell before it did.
this post is straight up victim shaming. these "influencers" should be held accountable, attack them instead.
thank you so much for the proper use of "lose". my blood pressure just dropped a little.
i love how a pornstar got away with it scamming all his simpers lol
jake paul is most guilty. his fans are all very very young, like 9-16 yo, he shills them all kinds of shit and now he has moved on to coinz
i remember the time when i wanted michael jordans shoes because i saw a nike commercial. i do not know when it changed to wanting something i saw someone peddling on the internet.
i could not name a single influencer if i tried. why would i take advice from random people on the internet ?
best comment i've ever read about the topic of influencers lmao
if they claim it will skyrocket, sue them when it doesnt...but you said...
imagine listening to people
yes dumb people and greedy people ruin everything, what else is new?
i wonder how these deals work? how do the companies find the influences or vice versa? is there a network of hey let’s spammy some spam together? lol
stop going after my girl kim
i recall a while ago chris sain (scammer) was begging people to buy shiba, it is amazing how these ppl sell themselves with no regard for how much money you will lose.
i think we should stop calling them "influencers" and use "manipulators" instead.
if you follow this stupid shit, you deserve everything that happens to you after the first time. everybody looking for the next bitcoin. bitcoin already happened, assholes.
influencers are just modern propaganda machines for shitty products.
so bummed about damon doing crypto ads. why???
who cares about them
victim-blaming title gets 7k upvotes. yes, crypto is for morons.
we should all be working hard like kim k here. she’s out here grinding (aka shilling her shitcoin scam).
i’ve never paid attention of any of them to begin with, didn’t even know that was a thing until i looked it up, not my cup of tea but to each their own 🤷🏻‍♂️
repercussions for the poor but not these rich folk. it makes no sense and i too wish there were some accountability for their ongoing nefarious scams.
who did not know this?
this is provably false because i, somebody, feel bad for people who are scammed like this.
don't hate us all!
ethereum max rofl. i would only invest in ethereum supreme plus.
and never listen to the tesla male dancer
faze clan doing pump and dumps is why i think it is very shady that they are going to ipo at apparently a throughout the entirety of these existence their public presence has constantly been shady. their predatory content creator contracts they signed with tfue and cloaksy along with likely others. the numerous drama controversy that co-founder banks is always in. the recent pump and dumps i'm crypto and i would not be surprised if they were pushing nft scams. and somehow they are going to ipo at a . it just feels like another cash grab scams when it comes to them.
wait…soulja boy has fans?
couldn't agree more and i learned my lesson the hard way with this. lost around 50k taking advice from this micro influence that was supposedly making boat loads of money trading nfts. i started following their trades and lost 50k. turns out the only trades they made money on were conveniently never mentioned before they made the money and virtually every other trade lost money. i did make money off the very first trade which boosted my confidence and caused me to go heavy into nft investing. i invested around 70k total, lost 50k listening to that influencers trades for a month and 4 months later i have recovered maybe 40k of the original 70k.
very few influencers deny paid promotion... there are a few out there, that actually care about cryptocurrency
well, time to be a good influencer and not scam people. but most of them who sell you coins and nfts are just that pathetic liars.
this exactly. so many people make the mistake of assuming that if a celebrity/"influencer" (hate this fucking word) backs a project that it is legitimate. even kevin o'leary who is a multimillionaire investor has been the subject of promoting several projects that are all quite shady af. dude literally is worth over 400+ million and is still promoting shitty scams. goes to show you, no matter how "reputable" someone is, never take their word for it and do your own fucking research
well i would not say that i do not feel bad for them... they are human and allowed to make mistakes, unfortunately it can be a very costly mistake.
imagine taking advice from these people
any influencer willing to scam their fan are not worth following.
not the your friend andy channel. he's our friend.
it's true. gamestop's nft marketplace will be the only legitimate source of verified nfts, everyone else is just guessing and working in a centralized environment that makes crypto unsafe.
death to drake bell
at this point in time we should not have to create posts that say this. if people are too dumb to realize "influencers" (i shudder when i write that word) are not in it for themselves then they deserve to lose their money. darwinism.
🎶 crank dat soulja boy 🎶
also twitter and youtuber boy's. "lets go banter family!" "and every guy": they will pump &dump you. no one is a "good boi" wanting to help you. they want your money. every single one.
cryptocasey is the exception. she makes her youtube pretty unbiased and comes across as a young finance professional. she explains things about crypto that most people do not know.
used to call them snake oil salesmen. times change. scams do not.
same can apply to a redditors
nothing will happen to them all they need is a group of lawyers and boom they get away with everything. money always wins
please shut up with this entire, "it's your fault" crap from the crypto and nft bros. so tired of seeing these posts. no one cares you do not care and i'm gladden to know you are helping crypto fail.
the irony of this sub warning people about scams
as much as i agree with this, i think more emphasis needs to be put on the consequences for these scammers. at the end of the day, they are the ones doing wrong.
i am not sure what this person is trying to say.
honestly this is why i do not really go on youtube or twitter looking for crypto info. i try to read articles, white papers and go on forums.
where can i buy bitconnect coin?
so you want to be able to sue people for buying into a currency that is not regulated? you'd need regulations to build a legal case wouldn't you?
scamming is hard work!
influencers should have no influence , they are just entertainers and that it.
but but but you told me the free market will regulate itself
who actually watches crypto youtubers? all the best information is obviously in reddit.
theyre not my friends?! 😟😟😟😟
it's hard for me to get on board with victim blaming. you and i know they are scamming people for money, but many do not live in the internet like us. there are people that think that reality shows are actually real people living a real life, and not just actors reading a script. just because a lot of people know something is a scam, does not mean the scammer is not still responsible. it's just completely moronic that there still is not any way to do anything about it realistically.
in case you’re stupid enough i doubt you’re smart enough to read this.
i do not see why it is so difficult for people to research on their own before jumping in instead of waiting for influencers. cryptoxpress is one of my best investments and i did not need someone to tell me that after my research on the all-in-one crytpo app.
just want to be clear, this extends *far* beyond the crypto-space. it's literally in the job title. their only goal is to influence you into supporting them in some way or another.
but muh victim blahminggg
who even follows influencers
how are these people and the jake paul's of the world not being charged criminally in some capacity for doing this?
does this also count for youtube channels like the coin bureau? all pre paid scam videos? or more like one guy's opinion that is basically just a coin flip and should be taken as entertainment?
oh you mean bitboy?
mike drop on that shit.
i love how they all promise future apr and dividends as if its not gonna be worth 0 in a week tops
we cannot remove all influencers because it become a high income business this days but they should always tell if the content is sponsored and by who to let audience know about that . i follow some youtubers (not crypto) and their advetising is correct , they tell that this wesbsite is sponsoring this video and many of them are good & well known website . they are giving good content to the community and it is not bad if they have a decent income . i know this wave is going crazy with crypto but also ppl who are following to those infuencers should be more informed about that (scams) !!
i remember when money mayweather got booed at the bitcoin miami conference last year for saying ethereum max was just as good as bitcoin. that was... somethin else.
i feel sorry for you, because it is still predatory. we should not blame the victims even though they might be stupid. it's trash influencers that are doing this
always think for yourself. investigate. always try to find more than one source. unless the influencer is like a professor from a university of cryptocurrency their opinion equals shit. but it is good you are alerting people.
what the hell are you getting sued for? they are protected legally as long as they utter those magic words.
i guess family and friends will still feel bad!
i still can not believe people still watch youtubers fake day trading on test accounts taking both sides of the trade and only showing the winning trade! plus they pay marketing companies which create thousands of fake comments. ' most of their earnings are from links to exchanges, etc. using pyramid schemes. honestly, they should be banned and some should also be taken to court. ' to newbies: **if a youtuber keeps asking you to click on some link or buy their moon token stay away!**
bro you are saying facts i swear, akl influencers are a bad image because none of em are there long term they alk want fast money, btw did you know that hbar is probably the only project to not spend a single dime on marketing and, they have become a joke at this point, celebs = scams and that is on god.
and you will probably not make it through next 10 or 20 years, because you are dumb like an iron
keep in mind they’ve been doing this for years. anyone of them can be paid to say whatever to their fans. you’d be surprised at all of the stuff they’re paid to push, and how much money they get for doing it.
my favorites are "these coins are still under .00!" fuck off
crypto scammers have find another way of scamming people that is crypto influencers
kim kardashain literally got famous by sucking dick and getting fucked on camera. why she has fans just speaks to how dumb most of the population is.
anyone that invests listening to a social media freak is a dumbass and deserve the money to be lost
the fact that these scams are so common shows exactly why crypto needs to be regulated. we need crypto specific regulations for how projects can be started and promoted, as well as enforcement to ensure that the rules are followed.
they aren’t promoting to raise the price. they promote to raise *liquidity*. that’s why retail always gets screwed following these things. they think they’re betting on the price going up significantly before the shills sell, but the shills don’t care about the price going up. they just want to maximize the buy dollars on the orderbooks above zero.
in fact, i sometimes aggressively whack my pud until it blisters when i hear these stories. i just can’t go to bed after shooting only once.
“an e-sports group called the ‘faze clan’ has fired one of its members and suspended three others amid allegations of running a ‘pump and dump’ cryptocurrency scam. outside the crypto world, it’s what you would call a ponzi scheme.” i agree with your post but i hate when people say this. a ponzi scheme and a pump and dump are two different schemes and pump and dumps aren’t unique to crypto. you would think they would know this.
fyrefest should have been a massive red flag for the direction influencing would take.
agree 100% - you have to be insanely greedy, or institutionally stupid to fall for these celebrity hype coins.
this is why gutting money from public education should be a fucking felony. the more educated people are the less they fall for shit like this.
"influencers" lol i'd sooner buy patent medicines from captain kirk.
helloimmorgan scammed people by using her grandma as the bait
they are getting paid while we're getting rekt
everyone is my friend, what are you on about op?
ngl; if you get advice from a furu; or some you tuber or some influencer ... you deserved to be scammed. just sayin 🤷🏻‍♂️
then came the bear market. history repeats itself. this though is why we need regulations so the general population are protected or at least the culprits are brought to justice.
the list is endless. they should be legally obligated to state how much they have been paid or given to ‘promote’ the crypto…
by the term "influencers" we can derive the root word "influenza"
wait, you mean dogecoin is not going to the moon?
always loved the term “influencers”…
you should know this by now any influencer coin is a pump and dump
i barely realized yesterday they lie cause they make a deal abd get free crypto to shill the coin before its even available anywhere
true... that is the rule. if you have an influencer attached to a coin, just get out of it.
another influencer= elon musk
everything crypo is a scam. if you lose money in crypto its your own fault.
when tether goes tits up and the entire crypto market crashes to 0 every single one of you will be the people nobody feels sorry for lol.
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look at how much money they made promoting the gene therapy injections...
people who still fall for these scams is beyond my imagination. they are literally asking for it tbh
and yet they "need" more wealth by taking it from their fans who are way less off.
they're just paid spokes people. no different than any other paid spokes person.
if the punishment is only monetary, then the law is written only for poor people. they can do whatever the fuck they want
same here, i want them to see the consequences and others to see it. there are just too many scammers.
it’s coming, it’s part of the executive bill being past by president biden right now
we can always dream.
she has two big influences which i cannot take my eyes off...
not gonna happen. dumb people will continue losing their money and the government will do nothing about it.
the punishment should be whatever you scam has to be repaid + fines and jail time. so if i was to scam ,000,000 i would now be in that much debt and have to pay at the very minimum .2m a year back (this is assuming they are 20yo and will live to 100yo) if they cannot pay just like child support you go to jail until you can pay. imagine having to face the rest of your life either paying back those you scammed (which would be fair if you can) or face the rest of your life behind bars with no income as that gets diverted to the local government be it state, county, town etc... all these rich people will have to stop scamming people or be victims of the scam itself in which everyone that has been scammed now has a very public figure with lots of money to chase the actual scammer.
punishable by fine means legal for these people they definitely deserve jail time but as you said do not hold your breath...
these are the real 🤡 the sec should be going after, instead of trying to go after ripple and looking like 🤡 doing so.
there was a time where people were not scared of law enforcement but scared of their fellow man.
they wont. you ever watch the stock sections on tv. those guys have been doing this as a full time job for years and no one cares. this is an old game and an old trick. the only cure is to educate yourself and dont blindly fallow.
don't hold your breathe. was part of a obvious scam that involved multiple countries, photo-ops with us senators, etc. i was interviewed by the fbi and provided evidence. court cases got delayed and delayed because of covid. haven't heard back in almost a year from my contact. same people "relaunched" the token this year and still nothing. 4 years of the fbi being aware and it being an active case. no results yet. millions scammed.
definitely do not hold your breath. my dad lost everything and this piece of shit never served a day in jail... got a slap on the wrist and is back working for his son in the same field. it fucking sickening. i had a guy i graduated high school with who stole a million from investors. went to jail for 2 years(got out early good behavior). no longer works and him and his wife started a church and now he preachs how he fond god. basically scamming all over and surprisingly doing well for himself again. makes me wonder if i’m the dumb ass by living life in an “honest” fashion.
also consider they might not understand what they are being asked, paid to promote. it is no suprise to me this is happening. influencers have been pushing vacation locations, airline tickets, places to eat, cheap gadgets to buy, etc... for a while. none of them care about the products, just the payday for the post. no different than the guy on a drug comercial who is saying how they love this magical drug to help with _____ treatments. when these drugs end up in a lawsuit and pulled from use after people die or have bad side effects... do we punish the actors? nope. however... if the influencers are directly involved in the project ... that is different. but proving they knew about a rug pull or that it was a house of cards from the get go, will be very hard to do in court. general education about crypto is all that can be done for now. there needs to be better resources online that provide simple and well rounded fundamentals of the crypto markets, where it came from and where it could be heading, along with basics of how it all works. add a lesson about common scams, how they happen, how to identify one, and risk mitigations. colleges need to include crypto as a topic (see above) in legal and finance classes as well. it is going to take time for everyone to get caught up... and until then... i expect this stuff to keep happening and even get worse. my fear is that too many get scammed and it reaches a level that allows lawmakers to cripple the crypto movement (that they already hate) with bad laws under the guise of protections from scams. any laws born of fear are here to remove a part of your freedom. (patriot act is a great example)
consequences and decentralisation don’t mix.
that's for sure, is not that one of the purposes of having money?
can’t have your cake and eat it too
ftc & securities laws already exist
we do not have strict laws for them, rules are still weak for them
i seen a video where someone beat the brakes off of an influencer because he lost a lot of money
how is lying and scamming illegal?
this dude has been a douche since he and his brother started. i have no idea why do people watch em and support them
coffeezilla did a great job tracking all the money he scammed. it will definitely help putting this guy behind bars.
he just got named in a lawsuit too.
jake paul deserved jail...! 🤷‍♂️🤷‍♂️
i know, but honestly i just did not want to mention him. he is a scammer without crypto, and with crypto.
for those who are clueless (just like i was 5 mins ago): [exposing jake paul’s secret scams](
how much he worth now?
the answer is low self-esteem.
**tldr:** celebrities are not important.
people is as stupid as they can afford to be. and in our world... that is a lot of stupidity. if you do not understand how people listens to kim kardashian or any influencer for that matter you must be living in a bubble or some fantasy land. cos i am surrounded by fucking morons who cannot barely tie their shoes and i totally understand how and why they are listening to those people plenty of people think the earth is flat and vaccines causes autism. the bar is as low as its gets
we are a soclal animal and we look for social consensus. there are many forms. one form is people literally saying "buy this it will make you rich" - others are more subtle - like "link is the god protocol" - different forms of social consensus for different types of people
too many anecdotal stories out there, that are true, where people got rich riding the pump from a celebrity endorsement. no one is buying doge because they like the tech, they want that elon money.
ja rule has entered the chat
love spencer. been watching his stuff for months. also, his other content (house hacking, growing wealth, etc) is fantastic. i can see him being a multi-million-follower channel one day.
sigh, guess it’s time to sell my safeelonmoon
but they sound so cooooooolll...
or... get in. and get the fuck out the moment there is a solid profit. with so many people doing what influencers tell them, there might be good gains from their stupidity. this is just my theory though. haven't tried and and probably would not.
it's a way of deflecting for people who cannot accept that crypto is actually riddled with issues. if you blame the people being scammed, you do not have to acknowledge that the crypto community is a dog-eat-dog shitshow that 100% needs regulated (at least to the extent that these scams are not so easy and commonplace). we've seen the issues of free markets over the last 100 years, but for some naïve reason diehard crypto enthusiasts think that those issues do not apply to their favourite thing. until they get scammed of course.
not op, but there is a lot of people that post looking for sympathy . i do care about them and i do think crypto has an over prevalence of scammers that the community should take more seriously. it's not okay these people are ripping others off. i am not about to back bail outs as a solution though.
everyone should maintain their cynicism when it comes to influencers. they make money off influencing - no matter how involved you think you are in their lives they don’t give a shit about you, and will continue to take advantage by flogging cheap crap and get rich quick schemes.
the people who fall for these scams actively seek them out. that's the difference.
if you do not do your due diligence then it is your fault
alex becker is still relevant?
the moon with his piece of shit kasta token
include the crypto network
yeah empathy is so rare here
i'm pretty gullible so it is a miracle i have not been scammed yet.
this is not related to crypto. people getting scammed are lobotomized robots that would follow any influencer advice, would it be medical, financial, lifestyle, family, you name it. nowadays, many people take personal decisions based on what their friend joe said or this known youtuber, whereas for subjects within your reach you should try to understand it and for more complex subjects rely on professionals.
shib and doge are two diff things. doge is its own blockchain and has linear this-inflation which is actually economically interesting as a currency.
there never will be mass adoption, that is just a pipe dream. people expect laws and protection of finance which require a centralised system, and crypto is decentralised p2p money, which is the opposite of what you need for mass adoption. that is what blockchain is. a decentralised database that is worse than a normal structured or thistributed database in every respect other than having the ability to handle decentralised transactions.
this is the recipe to get rekt
a hard lesson people hopefully only learn once.
always dyor no matter what.
i do not agree that they deserve it, but it is extremely stupid. but ignorance is not always willfull.
people who take advice from them are normally new to crypto and end up having a bad experience only to complain about crypto afterwards because they did not dyor but blindly invested off of a shill from a celebrity, it is sad to see really... these influencers are not doing any favours for the crypto space...
guess we have all learned our lessons. i take their words with a pinch of salt and at the end, they would dump on you. i now do my dd and researches on any alts before investing like i did and thiscovered flux, sylo, vet, high...i believe their potentials are still uncapped.
there is a social responsibility that comes from having influence. you can ignore and be a scammer or you can heed its call and be a good, decent, neutral guy
it should be illegal for them to buy stocks and crypto like how it’s illegal for athletes to bet against the sports they are in.
stocks scams are way less risky. crypto easily drops 95% over night
politicians are too stupid to even do insider trading. their "financial advisors" tell them what to do.
promoting an exchange is different than promoting a specific shit coin
put that time into some dyor and they will have a better experience...
truly wise words, we need to cleanse our social medias
it's mental how it is basically allowed to ask people for money whilst making them a bunch of promises, to then completely rug pulling the whole thing. why are there no consequences
nah. water makes stuff wet, so it itself can’t be wet.
at least most shills will have researched and invested into a project and have belief in it. these pieces of shit are just shilling everything and anything as long as the price is right and regardless of fundamentals. though i agree with op, i’ve zero sympathy for any one scammed by these oeople
well by definition, they literally are lol
i stopped following him a long time ago. how is he scamming people?
i feel bad for them because they got to the point where they need influencers in their life...
i rather not watch anyone on yt just out of preference to read what comes up sooner before it goes on some yt page.
i totally agree with you bro
> than you *paid* me for ftfy. although *payed* exists (the reason why autocorrection did not help you), it is only correct in: * nautical context, when it means to paint a surface, or to cover with something like tar or resin in order to make it waterproof or corrosion-resistant. *the deck is yet to be payed.* * *payed out* when letting strings, cables or ropes out, by slacking them. *the rope is payed out! you can pull now.* unfortunately, i was unable to find nautical or rope-related words in your comment. *beep, boop, i'm a bot*
dude what happened to you?
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i think coinbureau is probably the most balanced youtuber out there. he would not risk his reputation by promoting a shitcoin for money. he does not need to resort to that. all of the coins he invests in are solid projects and he earns revenue from youtube by just making good content. he tells you what coins he is invested in and you wouldn't go far wrong by copying his investments to be fair. he is not a pump and dumper, he is a fundamentals . all sound advice. some of the deep dives he does on really complicated subjects such as the federal reserve are outstanding. whenever my friends and family approach me for advise on "investing into crypto", i confidently tell them to watch all of coin bureau only. once they have done that, i set them up on crypto.com (easy to use for newbies). i then let them choose any of the coins reviewed by coin bureau.
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lol...or you are the product
you are the equivalent of nutjobs with the end is nigh sign around their neck
i wish there was a global shortage of stupid people
really should be common sense at this point, but there would always be newbies so i do not think scammers will get their just desserts without any legal regulations regarding this
if crypto wasn’t so complicated, these influencers wouldn’t be so popular
hope is the most powerful force in the universe. look at ukraine. look at any get rich con. people want to believe because it is their only chance at a better life. this will never stop
counter point: maybe this is a good thing? it’s about time people stopped treating these ‘celebrities’ like deities and maybe getting fucked over by them might start to knock a bit of sense into them? could be the start of a better future without such scummy grifters who offer nothing of value to society?
yeah, they are still getting scammed by influencers, its their fault
parasocial relationships are a hell of a drug for some people.
i think it is a lot of newbies. anyone i know when they first get interested in blockchain they begin to search crypto on platforms like youtube. the algorithm over a short timeframe drags them right to these channels and you see the subscriber counts and think "this cannot be a scam". for a close friend of mine he was merely searching videos explaining what a blockchain actually is, how bitcoin works, etc and in a few days he presented with "o-face" thumbnails and soulless shillers. he bought one, i want to say aioz and it is the only lesson he needed.
you mean a streamer who has made a living harassing random people on the street with sexual assault allegations is not the best person to trust about a "fool-proof new crypto asset"? *shockedpikachu.jpg*
there are millions of people out there who arent tech savy at all. basically those who dont even know how to setup a standard printer, or configure password protected wlan at home. and when they hear people earning millions from crypto, they fall into easy traps, like tourists fall when visiting first time different corners of the world. i am working as engineer for 10+ years, and it took me around 6+ months of research to get started with crypto, (after thinking of for 6 years) and after 2 years i am only now getting confident enough to try out hardware wallet, and today was the first time i transfered crypto from wallet to another. (i didnt have enough time to research in depth quickly). i was aware of possible online pitfalls, traps and scams so i took my time to research before starting. now think about what a non techsavy noob would do when he. he will open youtube and just trust the first confident douchebag who seem to explain things clearly, keeping in mind that most of the crypto millionaires that went viral were douchebags. so it all adds up, and they trust the person.
stop kink shaming them
makes me want to take their money.
short sighted person!! 😳
and these same fans are the people that sees values in them, thesr "celebrities" are the scum of the earth
they just need some referral links, and they will continue to scam people
they should make traffic fines based on income too.
yeah its absolutely mind boggling to me how they can get away with scams and still have hundreds of thousands of followers. like the influencers who promoted bitconnect are still out there…
sadly in an actual decentralized ecosystem, nothing can be done with these scammers.
he did not say they were doing something illegal, which is exactly the issue; the current lack of regulations around crypto. however it is very clearly immoral to the point that it should be made illegal. hopefully in the future we'll have laws allowing to prosecute such scammers.
currently almost all of the 20k types of coins are straight up ponzi's or other forms of scams. there is no need for more than a handful of coins, if even that much. the regulators are in the stone age, and laws do exist against financial advise or gambling. in theory, any influencer in the us or eu could get all future earnings taken off them to pay victims, if any financial advise is given ( there is no loophole due to the whole conrad black situation, where rich people got ripped off) if it was promoted as a gambling product, then the gambling regulators can trash these scumbags as well. but like i said, laws already exist but regulators are in the stone age.
i agree, but they would probably be legally covered by hiding behind limited liability companies. and the important nfa, dyor! fomos do not do this and ape in.
it is one clown show after another, is not it? isn't the sec guy a clown?
that’s the thing which is crazy, why do people keep trusting him
that can be said with nearly any celebrity out there, jackie chan was cool, now he is a douche shilling for the ccp.
his brother has calmed down and is actually bearable compared to this fool
dumbass teenagers making wankers irrelevant
i want to see them gaoled
he's kinda popular with kids too dunno why
going against the trend is edgy. if normal people say it, do the opposite.
coffeezilla is doing gods work i never paid them much attention but after the iceposeidon scam i watch a lot more
absolutely but we do not have any regulations yet so it is technically not a crime
he's a versatile man
and wanting to fit in.
we are doomed as a species, are not we?
i agree he is so transparent about his finances and excessive in his house hacking. i like how even though he came from wealth he had that humbling period where he took the bus everywhere and lived very modestly. he's awesome
selling safecumrocket today 😔😔
it's a tricky game to play, i'd guess. how do you know you're early enough? (spoiler alert: you do not.)
by the time you are hearing about it from a celeb, it is most certainly too late
yep, people who aren’t the smartest will always exist and we can’t change that. we can however change and prevent people from running these absolute scams.
attributing fault and showing empathy are not the same thing and not exclusive.
i think that when you make comments like this it demonstrates a sad lack of empathy, stunning hubris and naivety. bernie madoff was chairman of the nasdaq and he used that credibility to scam people you would consider to be intelligent and rational out of billions. in taking this mean-spirited stance you thiscount the power of social trust. anybody can cultivate it and anybody can be duped.
doge is just a quick fork of litecoin that was literally a joke and still is.
shib is a automatic smart contract ponzi scheme. anyone can make a shib clone for a couple of bucks on binance. doge is a greater fool scheme where the last person holding is the looser, and that its own developer called a joke ( which protects him from lawsuits). anyone can make a litecoin clone like doge and doge has infinite coin minting.
i know some people say they deserve to get scammed but some of them might just be teenagers or young adults who don’t know much about crypto. i would really just blame those filthy influencers doing such things.
needs more salt. touch of chilli.
yes you are actually right, i remember investing in this project, i lost a huge sum, my major mistake was not making proper research. until i learnt that i started looking out for different criteria such as tokenomics, trading volume, vc behind the project and fundamentals.currently i'm invested in txa, although low cap and cheap but with the hybriddex they building in collaboration with tacen, i think they will offer alot to the space which will add to the value of their token. dyor is the best option!
if you are looking for real potentials, you will find it with sidus heroes. thank me later
insider trading in a nutshell, it is in the word
rules for thee but not for me -rich people
something is wet because water is adhering to it. for the exception that proves the rule, look at hydrophobic substances. you can dump water on them and they stay dry because the water does not stick. water molecules are attracted to each other due to hydrogen bonds. this is part of why droplets form and surface tension exists. water adheres to water. water is wet.
*insert mind blowing gif*
can water make water wet? if so, then it’s wet
everyone needs mentors, they just pick the wrong ones.
yeah i'm like that too but reading is really complicated, unless someone is clear and persistent with their wording it takes abit of extra time :p videos are constant (even within projects) like new upcoming projects i watch , a couple of shades youtube videos i watched , learned about what they are going to be doing after launch
have you seen their vid shilling tether? idk if they removed it later. lol
are you willing to settle for a global shortage of oil and food instead? :p
supply of stupid peoole is like shit coins...
takeout all the plastic from their face and body. boom!
stupid just gets a redefinition
there is a sucker born every second... no, wait, make that [4.5 every second](
unfortunately that is the most abundant out there
i still need gls to break down while i operate though so not too short
if there was shortage of stupids, then there demand would rise automatically
sorry, no supply chain issues here.
what's the criteria for stupidity? i'm afraid many would find themselves in this category to their own surprise. stupidity lives in each of us to some degree, just like evil and resentment
how else would we make money lol.
imagine how stupid an average human being is, now take a second to realize how 50% of the human populations are dumder than that.
that's not at all true because influencers do not just scam on crypto. my other half buys all manner of beauty products and gadgets that influencers have shilled as being miracle products. they do not fucking work there is never any scientific basis for it or any peer reviewed articles explaining how they work. it's just paid advertising and they take a massive cut of it. try not to laugh the comparison off, it is basically the same scam marketed at different target audiences.
its not that complicated. people are just gullible.
they do not have much knowledge about crypto, they just know at superficial level
this is a good point.
most celebrities are 👍
people seems to take it like a tv show, when the episode end, it is in the past and no one cares except the next episode.
the day these people are send to jail would be a great day for everyone.
hundreds of millions. they have hundreds of millions of followers. yea.
they are not decentralized, prosecution can be done, but there is no will to do that.
if billy bod tells me i should buy elon sperm because it will moon and i fomo in without doing any research first then i should not be surprised when it is a scam. it's shitty but i do not get how me buying something equates to illegal action on someone else's part. encouragement from them or not.
kids have money for crypto ?
we have a weird tendency to trust fame. it's wired into our brains. even if we know someone is absolutely garbage, we will give them extra credence and trust because they are famous.
celebrity worship is downright despicable!
is he really? nooooooooo
he has to* it's not his choice
coffeezilla is a legend!
we can try and scam these fuckers. how do you scam an influencer? maybe with a fake promotion scam that gets them to pay some advanced fee?
the worst thing is that his audience are youngsters and he is scamming them. this guy is a monster.
had a good run
and blockchains are forever. the internet is forever. if i make money off a scam now, what happens when somehwere down the road i'm trying to get a developer job for a company and they connect me to a scamcoin i made money from. if a person cannot act ethical for their own sake, they should at least act ethical because you do not know the future.
i mean one is a token and one is its own blockchain with linear block rewards...
found the smart person
the question is if you do everything your mentor say you should do, or you have several mentors and you activated your own judgement...
i suppose, takes a bit too much filtering. i dont wanna watch crypto on youtube either so i keep it to myself here. mostly everything in crypto has been simple to grasp. it’s a lot more of a hands-on learning experience type of thing than to try and understand it before you get into it deal.
… we could just… you know… eat the stupid people?… maybe?
stupid people would not be able to understand general fuel costs and either starve themselves to death or freeze to death. so i suppose your offer could still work in a cruel and unusual punishment kind of way.
can we use stupid people for oil and? problem solved!
that's why people needs do your own research before invest and need to questioning every influencer and every videos on internet. and be affraid when someone do not like a project and talk a lot about that, because this is scary and creepy. when you do not like of some project you do not talk about them time and time again. maybe this means that is a good project. just go and search sites, foruns, search for real real sources. i saw a lot of lies and groups of people with fake accounts chasing people and telling lies about them and attacking projects with lies and fake news when these projects are really good. and be careful because they are cunning, often use the tactic of saying they like. just be careful. always search the profile of people. even mine 🙂
true, i used to dropship and an acquaintance used to use reality show stars to sell cheap crap imported from suppliers like alibaba. he used to laugh at how easy it was shipping this junk to idiots. the problem is even when their shonky behavior is called out their followers do not care. i've seen major influencers in the nft scene scam people, get caught publicly, feign surprise and guilt, a few weeks later are welcomed back. morons will continue to follow them because they believe they will get rich too. it's the same thisjointed thinking that allows party's like the gop and tories to convince poor people to vote against their own interests.
yea, you described it exactly. same fuckin thing in politics.
prosecute what? false advertisement? influencers are paid to spread the word, they do not own the product most of the time. even if they did, the outfit behind the imaginary coin just has to say the project failed or went under etc. and that the investment is gone. that's the simple version, but in a space that has yet to be regulated, they do not even need that strong of a case to stand up to scrutiny.
you could use that logic to excuse any scammers; claiming its the victims fault for not being more informed. in reality these high profile scammers come from a position of trust due to their celebrity, and abuse that position of trust to convince people to buy into the scam. deliberately misleading people for financial gains is illegal in many sectors. this is not something new and i do not see why crypto-scammers should be excepted from it.
their parents (credit cards)
history has proven that, over and over again
lol, maybe you do.
it is, he is not captive. he could live in like, iowa if he wanted. he legitimately loves the chinese communist party and wants to be a member.
he’s one of the better youtubers there are unlike that bitboy.
sell them a resealed box of first edition pokemon cards.
not to mention, that - especially if you have a cs background - there seems to be more than enough opportunity to make it big in crypto through legitimate means.
everything will be right in the world when soylent green is both a tasty main thish and a sufficient petro substitute. let's go science, make this happen.
ill take some smoked ribs bro
on the bright side of that, at least it will be fully stocked.
or maybe... educate them?
what a modest proposal
no matter how many people die, half of them are still stupider than the other half
no stupid people with their overwhelming numbers will take everything they want by force
if i had to venture a guess it is perfectly legal because you do actually receive 1,000 doggy sperm coins when you fall for a scam. they just become worth almost nothing. you still received exactly what you bought though. 1,000 doggy sperm.
never underestimate human greed and stupidly combined
yep. you're right, it is just me and no one else. i cower in the light of your intellectual superiority.
he might have relatives in china, and who does not want to be in goodlooks of china's govt., you do not want to mysteriously die in iowa or mysteriously thisappear, think my friend think.
yea exactly. i'm literally trying to do that right now. its like trying to do anything: get some experience doing some small jobs and gradually build skill and monies earned. there's no cheat code for skills and experience, try playing a musical instrument is the best teacher of this concept. the game you talk means shit if you have not put the work in. there are no shortcuts. and having solid skills and experience in your back pocket gives me all sorts of options (and piece of mind) being a scammer does not. if you're a liar, even if you make it to potus, look at that type of life - nothing is real. the grift must be never ending or you fail - and failure is the only ultimate option when you live life that way. i'd rather live in a cardbox under a viaduct than do that.
like, educate them with ketchup and other flavourings? maybe a smokey bbq rub? mmmm, education…
i guess thano’s snap isn’t always the answer
not necessarily - the top 80% could be slightly above average and the bottom 20% really, really stupid :)
there are laws against false advertising. it does not matter if you end up receiving "some product" if you bought it because its properties were misrepresented to you by the person trying to sell it. people advertising these scam tokens claim they will for sure be worth much more in the future, then they themselves make sure it will never happen by pulling the rug and running away with people's money. they sometimes also make claims about future plans to develop the product which simply do not exist. there is definitely a case for making it illegal on the same basis as any other form of false advertising.
fomo affects everyone. it takes a lot of thiscipline not to force trades.
i agree completely and wish you all the best.
he sold? pump it
crypto bought you a house that is awesome and now all those rent payments you can yolo into the crash. i think you did amazing!
the thing you got right dude was executing the getaway so you can plan the next heist. too many mofos wanna storm into the bank and grab the dough without thinking what to do next.
living proof that time in the market > timing the market. congrats.
congratulations on being debt free.
i know you do not know me, but i'm proud of you.
op, let me reassure you: crypto crashes harder than it rises. the last bull run topped out on 7th january 2018 at . by 17th january 2018 it was ...nearly half in 10 days. in those 10 days, people on this sub were saying "hodl", "buy the dip", "do not panic sell". no offence to anyone reading this, but this sub is "dumb money". i am "dumb money". the smart money was not buying the dip, they were selling the top. i got out during a relief rally when the price climbed back to (total market cap). i got lucky. like you op, i second guessed if i was doing the right thing or not. what i know now is if you can sell within 50% of the top, you've done **very** well. by 5th february the market cap of the market was...just . from . you had a plan, and you executed it. you won. you're mortgage free while the vast majority of people slept on crypto and are paying off their mortgage with their wages. you did not even exchange crypto for cash, but for bricks and mortar that will be inflation proof. as you say, a lot of speculators put in a relatively small amount but that has its own danger: you put in "life changing money". you can end up never selling through the entire bull run, then selling at a loss in the bear market (capitulation). eth could go to , btc . sure...but so what? just 1% of people sell near the top. as i mentioned, even if it goes that high, you can bet there is going to be an almighty correction that occurs over days. many will not get out before a 50% drawdown, just like last time.
since you have the long-term experience, i agree with your primary sentiment. the one thing most crypto-investors do not have is goals. they just say hodl, talk about their gains (in dollars) but when you ask them when they will sell, they say never! if you value your crypto in dollars, then saying you will never sell is a contradiction. why are you investing? then you have some who do have goals, but move the goalposts. i want to double my money! but then it happens, and they want to double it again. and again. i really hate the lambo line, even though most of the time it is a joke. (many times it really is not) then they get burned because greed gets to them. the term i hear thrown around a lot is "generational wealth". your actual odds of that (term) happening are practically zero. it does happen, and of course crypto is the easiest way for the everyday person to get wealthy today. people just need to take their emotions out of it and be rational. most do not though, and instead turn it into a social-cult rather than a way to grow personal wealth and freedom. really, you just need to ask what you want out of life. how do you want your life to really be? too many people model their life around instagram kids, but freedom from the burdens life throws at you is really what it is all about. what do you want to "do", not own. hobbies? travel? a rewarding job vs a paying one? so many people retire and are bored out of their minds. time to end the wall-o-text. just be smart. if you invest , nothing lost, and hold until you are rich because really you have no risk. but if you are like the dogecoin millionaire, you really should never be throwing yourself in debt to roll the dice. layer some sells, cover your investment, claim some profits as you go. pay your taxes. most of all, enjoy your life.
i gave up on trying to read this chart on mobile ![gif](emotesnoomoji_packneutral_face) but congratulaciones on your moon and if you are happy it is all that matters. you do not have to justify your selling to anyone, you do you!!
congrats. curious, how high was your rate that you decided to pay off the mortgage? my rate is so low that it makes very little sense for me to pay off the mortgage. i’m paying like maybe 1.5k a year in interest and have 25 more years to go.
that is probably quite a sensible strategy, sell at a point where you are happy with what you’ve gotten and don’t fomo back in until the bear market.
i only bought my home about 2 1. i can pay it off right now with crypto if i really wanted to. im gonna hold though. about to start a new job and i am just gonna focus on accruing more ethereum over time.
i paid my mortgage off during the 2017 bull. its amazing! congratulations! you hit your moon! hopefully you made enough to jump back in at a lower price than what you sold for? or held on to a smaller bag? even if not it is a huge accomplishment.
congrats man, my goal is to pay off all my debt so i can then save to buy a house for my family.
this aged like wine.
it takes a lot of commitment to stay true to an exit plan. congratulations, my man.
congrats buddy. i like all lessons and biggest of them all - crypto is meant to work in our favour and i’m glad you achieved yours.
this post aged very well
it takes some thiscipline to stick to a goal and not let greed get the best of you. congratulations on paying off your mortgage.
congratulations dude! you had a goal and you've achieved it... i've personally started investing in crypto recently after years of putting off and saying maybe tomorrow... it honestly feels good to see people reaching their personal goals which gives people like me hope someday i might too
dude. you have a paid off house. no ragrets
hopefully you account for your taxes
this post aged like fine wine in just 4 days. it's like you timed it perfectly.
paying off a home mortgage is worth it’s weight in crypto, you paid off one of the most valuable assets a person can own.
respect! all the very best to you.
congratulations, you reached your moon!
you did exactly what you were supposed to do. now get back in it, even with just a small investment... you know from experience (your chart you posted is even proof) that btc and eth are going to continue rising. i got mt. goxed and it put a huge hole in my heart for crypto for a long time. but since i have been back in it... i really cant stop... keep believing in the original dream... set yourself a new goal... maybe smaller... like vacation for you and yours or something... gains are gains... passive income is passive income...
take profits. pay mortgage off. use extra cash to buy a little crypto, just to keep in the game in case it does somehow moon. paying off your mortgage is awesome, and with all that extra money, you could always find 5k to toss into a coin you like and just let it sit, right?
shit i almost bought 32 eth for the validator node last year but decided against it and only bought a small amount. been kicking myself ever since lmao.
came here to say first off -fuck yeah. good job -100% agree with sticking to your goal. i have enough invested that i’ve made something of it. not enough invested that i’ll pay off a house or retire early. been in since 2017. i have a goal in mind for mine as well. always have. hope to use it for what it’s intended.
> for me, the goal was paying off my mortgage. good enough reason that. staying debt free is always cool. how does it feel?
i passed my goals about a 1000 miles back grinning like a mental patient but nobody ever showed me how to get off the train! you bastids are stuck with me! 😂 i wave at the op with a tear in my eye! good luck man :)
well done, good for you op. we should encourage people to take profit here. this entire "hodl forever" mantra is just toxic. 90% of people on this sub will cry when the inevitable crash will happen and they will regret not taking at least their initial investment out. well done!
well done. i think that is one of the biggest stresses with crypto. even if your coin moons you will always stress about because it can moon even higher and you may end up regretting it. i think bitcoin will go much higher but can i say that with certainty? no. so good for you on owning your own home. it's the most important thing you could have spent your crypto money on and you should never have any regrets.
thank you so much for your post. i have always been interested in crypto but could never get pass the wallet & password requirements with companies i did not know; am a very huge chicken. this year when paypal offered it, i finally got the chance to buy small amounts with a long term goal. it was a purchase within my comfort zone; no setting up or wallet requirement; just simple straight up purchase with a company i have experience with. may never become a millionaire but can participate at my risk tolerance with a small security blanket. i agree always keep to your goals.
bro, honestly. well done and congrats. you hit your goal - you have a pais off house. everything else pales in comparison. i have a much smaller amount, but not i significant, and the dips make me nervous too. the reddit hodl mindset actually massively fucked me in the last bear market. i also bought the dip on the dead cat bounce. and the next one. dca is king. hitting your real life goals is king. dont regret if it doubles from here - you couldnt have known that would happen at the time, and honestly, shits starting to look shaly. we aint far off...
my quick $.02 worth : read the withdrawal and transfer fees on any wallet or exchange before you open an account. i recently opened an account on kucoin to purchase tel there, made my buy of about 1,700 coins (it is at .04 or something), went to check my holding this morning and just for grins and giggles looked at transferring my purchase to another wallet and...the f-ing transfer rate on tel on kucoin is 1,500 tel. i had to read and re-read that again and again, actually try it to test it out at the final exchange page. yup. . unfuckingbelievable.
not to be that guy, but did you factor in the cost of capital gains tax? congrats on your huge win!
if i have to read one more post about a financially illiterate person paying off their mortgage with crypto i’m going to scream. why the fuck would you pay off your mortgage? borrowing money against your house is tax deductible and the rates are under 3%!!! please, talk to a financial advisor before you do this. i’m not trying to be a dick, i just don’t want people to do this stupid, stupid financial move.
why did not you put the money into stablecoins and use the insanely high yield from that to pay off your relatively low interest mortgage? you could have just paid off your mortgage with the interest, and kept the principle.
i am shaking my head at you for selling now, especially when some things are pumping while others have not yet recovered. but ... you made a goal, you took profits, and when it came time you did it. good on you! for me i think the market can easily 3x from here so i'm not taking major profits till then. it'll be a high tax bracket for me, but it would not be everything, and then if there is a crash or bear market i will have saved a good amount. then at other times i'm like "no, maybe a 2-3x will happen, but what if you're wrong and it could go 5x!" maybe i should follow your example. food for thought for me.
you made the best decision for you... im sure you made a nice profit and who knows if we hit a deep bear run you could get a nice re-entry. smooth as butter
congrats on achieving your goals. don't listen to the nay sayers and toxic downvoters. what you set to achieve and what you have actually achieved is all on you.
congrats. takes balls to cash out, the fear of losing out on gains is as mentally draining as the fear of crashing. well done for sticking to your goal.
congrats on finding your moon, owning fully your home must be a great feeling !
never apologize for taking profits! you did well and achieved your goals. instant win in my book.
more need to be like this instead of losing it all on shitcoins 😂
i know how you feel re the volatility, a dip last month wiped £70k off my portfolio in about 3 days. it's quite stress. i quit my job recently and honestly part of it was because of the side stress from watching the portfolio move up and down. i also held through a -90% correction, that was painful. congrats on reaching your goal.
i lost 3.5m doges on cryptsy in that scam collapse. i had flipped it up from 1m doge (bought 1.1btc for , sent to cryptsy, traded for about 1m doge) by selling and buying large volumes at small margins. like 200k in each trade, to flip gains of 10-20% or so. took me weeks, but i got there. then paul vernon crumbled the site and took everyone's shit. asshole. i hope he is out there somewhere having a bad day.
title: "i'm out" actual post: "i'm going to continue to invest in crypto " bro.
take all these posts with a giant pinch of salt. do your own research and don’t be influenced one way or another from reddit posts. everyone has their own agenda. take care.
i don’t think anyone would blame you for selling. as long as you hit your personal moon we’re all happy for you.
great summary of a great case study! kudos to you.
i do not have crypto exclusively for profit. i have it because i believe it will be a great asset in the future (bitcoin), or a actual currency not controlled by the state in any way (i can use it as a currency, but i am not confident enough to do so right now); and to thisversify. i will only sell a coin if it somehow fails in making a free currency or lose too much value to the point of being the "venezuelan currency" of crypto or something. obviously, i do sell a little bit when it is high, but i have other goals.
i fully agree with op, people should sell their hodlings sooner or later. otherwise, its pointless
enjoy life without a mortgage dude!! and keep your eye on ada, a little there might go a long way...
congratulations. been selling all the way up and am close to my number. hope to be out soon as well.
you sold, but now you’re gathering moons. same same. lol.
crypto has literally saved my life multiple times. when i get angry at myself for buying a ‘98 standard honda civic for 29 bitcoins, i just remind myself that even though that would buy me a mansion and a car today, it gave me what i needed back then. and back then it was all gains just like it is with my crypto holdings now. if you give this game some time and a little bit of thought, it will spit you out in the right direction whether you make 10k or 100k in the end. we can’t focus on what could have been or what could be if we just hold on. just believe in this shit. use it where you can and give away little bits of crypto here and there. in the end, if you do this, you will have gains that aren’t just financial. you’ll have bigger balls
# "hell, i had less anxiety about moving btc and eth around than i did about requesting my exchange to withdraw to fiat." exactly how i feel. i do not have much trust in the exchanges or my personal bank account
this is the story of a man who has hit his moon. well played brother.
that means we are set for the moon
you sold for a profit. nothing wrong with that if you're satisfied
i’m not mad at you i want you to be happy and do the right thing for you - o respect you
sold to pay off a tax-deductible mortgage that was crippling you with a couple percent interest, good plan.
according to your chart you were in crypto since 2017. you were crypto curious since 2013. same story here, 50k dips, not afraid, going to hodl.
congratulations on hitting your moon op! wishing you the best!
not bad timing. it's due. what i think is different is that the first time dark forces were trying to kill crypto. this time they are only yet ng to profit, knowing it is not going away.
don’t forget about taxes nerd.
thank you for the reality check. the majority of people screeching hodl here have very little invested. you do not need diamond hands to hodl a few pay checks. when you've got years of salary invested, then you need diamond hands.
massive congrats, i am hoping to be able to do the same thing in a few years.
congratulations! being dept free is worth it! now the money you make investing is actually yours.
congrats on hitting your goal. but also don’t beat yourself up. just cause you cashed out doesn’t mean your out forever. when the bear market hits again you’ll dca in with what you can afford. we will see each other again my friend. hopefully i’ll be the one making this post giving my advice back to me. cheers 🥂🍻
cheers. this is my goal one day too. i hope i get there. will you invest again in the bear market?
glad you stuck to your goals and now get to pay off your house. hope i can stick to mine. thanks for the post
got in (bc) about 2000 sub 2017, got out bc at 13,800ish december 2018 thought i'd hit it out of the park - stopped watching bc and crypto in general. cheked the price a few months ago and considered getting - b0rn 2 l0se - tattoed on my damn midrif :/ moral? just when you think it would not get any higher - hodl! that is all \*heads to tattoo shop\*
well... congratulations are in order, good job! sticking to your goals is always sensible. however, did you consider cashing out only partially? i mean, it is not like you have to be all-in or all-out, especially if you believe we're not at the top yet. except if you sell at the absolute top (which is extremely unlikely to be at the current level), setting a goal where you gradually cash out a certain percentage at certain levels would considerably improve your gains while keeping the risk quite low. but anyway, being debt-free is priceless, so i certainly understand you. :)
congrats on hitting your personal goal :)
well done, crypto has changed your life. to most people that is and always will be pure fantasy. you nailed it!
congrats! however, why not leave 5%-10% in and continue enjoying the game or maybe if it drops restock a bit
hodl (the house though, buy in the right place and that should go up in value)
nice brother, congratulations hitting your goal... hopefully we all get to achieve ours.
congrats, in since 16... i'm i. the boston area though, would not make a house this cycle... but if it does what i think it will do i will the next halving ! looking at the same goal!
honestly, i would have done the same. the end goal should always be the most important and anything else, a bonus! i'm coming into this all late and have written down my goals and this post is a good reminder to not let anything detract from that! you can always dip in again with some spare cash!
congrats - im truly glad this space has made a marked improvement on your life !
"take what you need."
honestly, did not read. happy for you and a house you can call home <3
congrats, showin’ ‘em how it’s done. maybe some day when these little .
my goal is funding a year abroad and i need around 20k for that. since i‘m only at 1k i still have a long way to go but also 4 years time
such a great post. 90pct of the ppl who read this would not listen but this is great advice.
same here. even though the only thing i own were the most hated crypto(doge) in reddit by almost all crypto subs. i exceed my target 0.5$, and sold mine 0.71$. 3 years hodl worth the wait. paid my debt. currently running on profit. i might uninstall my binance and check back after 3 years. who know it worth 10😂
thanks for the honest write up. being able to always learn while staying grounded is a strong foundation for life in general. i am happy for you and wish you all the best.
hey buddy i have almost . don't lump me in with all those ,losers.
congratulations!! well fuckin done!
i like reading these stories, been thinking about it . . def within the next few months, kinda expecting the real hammer
i had a "bellboy giving tips" moment recently with crypto and a colleague quit as he made millions. everyone and their dog is buying crypto... i have that 1928 feeling.
thank you for sharing your knowledge!
this is what a mature person would do. learn from the past, know your limits and goals and dont give into the hype. good on you and all the best!
i am in almost the exact same position as you and have been debating an exit for weeks. although my initial plan has always been 5 years (so 2 more years left) i’m at a stage now where i feel even some profit taking is a must and i would be stupid not too. being around from 2017 i constantly tell people i feel we are at the top, the warning signs are all there with people throwing their life savings into meme coins. i went to the local chip shop near me last night and the guy who works behind the till said to me “what about doge, i’ll give you a tip it’s going to 10 dollars mark my words” i said o really how long have you been into crypto and he replied “2 weeks” this is the shit we seen before the 2018 crash! not to mention the fud of regulation and countries implementing bans. the pessimist in me sees a large scale crash this year as inevitable, i don’t want it of course but what goes up must come down. i plan on riding this for a few more months to test the sentiment and i will be cashing 25% and will be holding the rest until the next bull market. well done on the implementing such a hard decision
lovely post and i can tell you're completely genuine unlike some of the posts on this sub. congratulations on paying off your mortgage that is a huge accomplishment. i'm hoping to do the same as your or maybe invest the money in to mine dream home. we all have to have goals and dreams otherwise what's the point.
congratulations, it is commendable that you did not lose sight of your goal. i've got something similar in mind but only started my crypto journey this year so it is good seeing posts like this - much more reassuring that people can cash out and fund their goals rather than seeing millionaires etc
thank you for your advice. still learning. the key here is strategy
that was a good read. thank you.
paying off the house is my end goal too. but in reality i'm just going to keep statcking for like 1p years then see where in at. i have a 401k set up too. savings account on the side. so either way i'm going to get it done. it's just a matter of when. and i'm hoping crypto is what helps me accomplish it faster without going balls deep and no backup. good luck and i hope you complete your goal with the house as well!
convert to gme. buy abother house :p but yeah lot of smallholders talking big. if you put all you have in there then it is a different game. and having gone thru several bull and bear markets sometimes its time to take some profit. no shame in that. profit is profit
glad you had a plan in place for the exit and were able to get your goal! cheers
congratulations on your goal. the only people who scream hodl are the ones who are petrified of losses and only want more gains. i know there is a lot of nice communities that stick together here and there but at the end of the day we all invested our money to make money and that is the name of game. again well done.
this is great to read dude thank you for this, i'm in to make rent until september and then after that it is gonna be to save up for after university and having enough to buy a campervan for myself, that is it really. not much to ask, but not much to risk either 😊😊
i have the same goal as you. once i reach enough to pay off my mortgage and the associated capital gains taxes, i'm out. part of me wants to keep holding btc from the thought of the clout of being a wholecoiner 10 years from now, but that makes the goal of the mortgage payoff probably extend to the next bear. is it worth it to hang on and dca during the bear for another 4 years to pay off the mortgage *and* have 1 btc?
a voice of reason, i do not feel so alone anymore. thank you. we all wish it could just keep going up but i too would not allow the same thing to happen to me like in the 2017 run up. good luck to the rest of you still holding, you are much braver than i. 😊
i thought there were only braindead preople in here. thumps up op for not being greedy and realizing that taking profits to reach personal goals is the way to go. people screaming hodl hodl hodl are just lemmings and. i sold like a month ago. yes my gains would have been bigger right now but i it doesn´t matter because i litteraly made free money doing absolutely nothing. i can buy shitload of stuff for my house i didn´t need to go to work for. yes it could have been more but it also could have been less. be happy with what you gained and like op said always remember that this is **not** a one time opportunity (like other people will try to tell you because its usefull for them if you do dumb moves). there will be a bear market again - there is always a bear market. and those bear markets are always an opportunity to go back in after you took your profits.
just read today about “regret theory” that says when you consider both scenarios - where you sold too early or when you held for too long. you should go with the one where you will have less regret.
i remember a post from 2017 in which someone sodl ethereum at 400 to pay off his mortgage. needles to say he was super happy. short sighted, yes, but he had a goal and a risk management strategy
i like this post... a lot. gives me steam. that being said... that is the only thing that has me worried... uncle sam and his regulations will almost gurantee to be a monkey wrench for any long term holder. good luck to you. congrats on your goal! i send nothing but positive energy your way and sincerely thank you for the post. take care from one crypto friend to another. god speed! ✌🏾
you might want to check your nicehash account. they have paid everyone back post hack.
after reading your story i’m convinced you did the right thing.
you could have wrote you kept some money still on crypto, if you withdraw 100% you're ridiculous
remember to pay your capital gains tax!
anyone who would be mad at you and scream to “hodl” (i hate that overused meme word) really are just mad because they want your money to fuel their investment. not because they’re truly concerned that and want you to see a higher return. anyways, congrats i’m glad you made it work. i bet your family is proud of how you did.
can anyone tell how he sold it?
why do people beat themselves up about taking profits? it's a shit feeling seeing something go up after you've sold but you've made more than you put in so be happy. if you've hit your goals by all means take your profits and enjoy them. i think fomo is the hardest emotion to overcome in crypto, and i still struggle with it. ( i sold ada yesterday at 1.80 and now it is 2.20 today).
this is the finest post i've read on here, bar none. i think the 'goal' takeaway is the most prominent for me. i have goals too, but can see how easy it would be to get greedy and try and go further.
never be scared to take profits! we all have our goals, maybe a new pc, a new car or even a house! it's important to set realistic goals for your portfolio and take profits regularry. i recently sold a small amount so i could pay for some house refurbishments. some of the coins have gone up since then but i do not regret it because it was money in back pocket and not on paper.
i wouldn’t look at paying off a mortgage as “selling”... you’ve just converted one set of assets to another. you traded a volatile investment for a less volatile one. now that you no longer have a mortgage payment, you could use that money to begin investing in crypto again, or take out a mortgage on an investment property that will make you money. at the very least, you’ve set yourself up to live rent-free for life. lambos are cool and all, but paying off a mortgage is a huge flex in itself.
thanks for the insight… it’s good to have a goal… i’m not sure why am doing this… so i don’t have a specific deadline… as long as my regular bank account is doing ok… i plan to hodl ... if i could pay off my mortgage i would… but i would need eth to moonshot
thanks for this. at times throughout my short time in crypto, i've lost sight of my "endgame", at times. i will also be leaving crypto later this year, for real estate reasons as well. i'm not trying to get rich quick, so why take silly risks? i gamble a little (10% of my portfolio) for this reason. i place conservative projections on my positions, like eth will probably 2x by eoy, from the current price. that's risky, from an overall investors standpoint, but the degree is much different from let us say, owning a bag of shib, and expecting "the moon" (can you even place a short term projection on it?). i want out in 6 months, and i want to do it as safely as possible. luckily, i was able to find a good project that should be up 10-25x by year end. it may allow me to be able to actually hodl a couple of my coins for years to come, instead of selling off and waiting for the bear market. best of luck to you. i remember seeing pictures of my parents burning their mortgage papers years ago upon completion, it was truly a big moment in their lives.
if you just wiped out your debt or a significant chunk, there is nothing to regret. now you’ll be free to start putting money back in that you straight up don’t have to worry about :) and you got your house paid off! congrats!
you'll be back 😂
love this post. at some point people need to lock in gains for not only financial security, but also peace of mind which is extremely undervalued and overlooked. volatility is not fun nor are future games guaranteed. i have a lot in say, silver trusts, which could move up quite a lot but the main intent is a hedge against inflation. no judgment for wanting less risk as you get older.
this is probably one of the best posts ive seen in this sub in a while. solid advice. congrats on achieving your financial goals!
congrats on your house!
everyone has to sell eventually or whats the point, you will die with your crypto and never enjoined your profits. congrats to you!
dudes! unless you’re retiring (even that is debatable with rmd), this makes no sense. sure, your house is paid off but at what cost? why use your own money to buy a house when debt is so cheap (a mortgage is 3% per year)? why spend , for example on a house when you can use just , avoiding pmi, and using the other .
i sold half my stack a month ago. i paid off my mortgage, a car, two high balance credit cards, all personal debt, and banked enough for taxes. my goal was a personal financial windfall. now i'm debt free. last week i started to pull out the rest, except a couple of bitcoin and my hbars. there are a lot of market indicators signaling an approaching top. i figured i'd get out now before the exits get crowded. i've now converted all of my og alt coins to usdc. i'm just going to sit on it until it is buying season again.
the thing pre mtgox is would you have stored your btc there or are you absolutely sure you would have had your own wallet? if not then you probably would have lost all during the hack anyway so do not kick yourself for that. also passport details are among the most sensitive data you can share and your instinct not to send it is nothing to regret. back then things were less professional than now.
eth to 7k confirmed
“started in 2013” “for me the goal when i bought in at 2017” doesn’t mention 1 time the amount he bought at each time over the years. what a fantastic, informative post.
congratz, you did the right thing. i wish you all the best
congrats on reaching your goal selling tho! sometime i feel like buying & hodling is what we all do. and realising the profits you made is just as scary as hodling when the market dips (at least to me lol)
if btc hits ?
btc hits , eth hits , "damn, maybe i should have held," but that is ok, it is very hard to time the market and hit the top just like you can pretty much never buy the [bottom.]( ' this is perfect. i am not a professional day trader. it is not going to be perfect, but believe in the process and stick to your plan. thank you for sharing your lessons with us.
great to hear another crypto success story! thanks for sharing.
when at the end of the day we all invest in crypto for fiat. fiat is king.
honestly this is the first downvote ive ever taken back from one of these seemingly useless "ive sold, good luck everybody" posts. alot of useful info in this one and well written, good work and congrats op.
you did well. congrats on the profit. in 2018 i did not sell anything and my crypto portfolio fell nearly 80% before i got out. taking profit is never a bad thing.
thanks for this and congratulations.
congrats! happy for your
did you sell your moooons???
congratulations man...i really wish i had invested earlier...maybe today i would have a house and could be with the love of my life.
good for you, and congrats on being mortgage free.
out of curiosity, how much did you invest to be able with to pay off your mortgage (with diamond hands)?
congratulations, thanks for sharing this
got out too early. it's still in its infancy. you could have made much more. but, congrats on reaching your goal!
congrats! i truly hope you factored in the major owed tax from a large sell-off though. my wife did not do that last year on about .
did you use coinbase to cash out? and what's your plan for taxes? congrats.
what is this fuzz and melodramatic tune about this post. we call it take profit, everyone should do it time to time. then you buy the dip , keep calm and trade on...
in my opinion, "set goals, and stick to them" is the best piece of advice in the thread. it's the same ideology as hodling long term in a way. set a plan, stick to it aggressively, and do not let emotion into decision making.
at the end of the day, you got your goal and thats what counts, people screaming hodl sometimes forget that this is real people and real financial matters that we're dealing with, heck i'm dealing nowhere near your amount of investment and if i lost 25-40% in a crash i'd have some explaining to do. congratulations on paying your mortgage off, we'll see you next week.
what good is the money you make in life if you never spend it. if you do not have some sort of exit strategy (assuming you're playing with real sums of money) then you're an idiot or insane, maybe both.
my hats off to you for sticking to your goal. i have not reached my goal yet and when i can no longer stomach the volatility and reach my goal, i'm cashing out. good job!
aye, shout out you for paying off your mortgage though 💯
congrats! i was just forced to sell an amount in the high 5 figures because my mortgage company decided last minute they didn’t like the large loan i took out to expand my small business a few months ago. it sucked but like you said we invest for a reason and my wife having her dream home was worth the potential future gains. i only sold btc,eth, and ltc and kept all of my altcoins so i can still hope i have a chance at a moonshot haha.
if you want to sell, sell. dont make fud posts like these to scare new investors
this is pretty awesome actually. my and goals are paying off my truck and my home. home will be next cycle, but i'm not far off of my truck. dont know if or when ill be able to pull out
my dude, i sold at 12k when i could pay off my student loans. credit score shot up to a level i would have never expected, refinanced my house in december when interest rates were just insanely low, and completely changed my life. my monthly thisposable income nearly quadrupled. sounds like you had more invested in me, but i don’t blame you for a second. i too am trying to accumulate more now and get back in, and yeah, i missed out on a major pump. like, major. still not one regret.
hope you budgeted in taxes.
power to you! this is the way. have a goal, reach the goal. don't get wrecked i agree, btc has already nearly gone 20x ... i think it has a way to go, but maybe another 2x... so why not pay off fiat debt and start dumping your old mortgage or cc payments back into it. it's a smart move for long term and it truly is the best way to get out of the traditional system and better for long term crypto health. each individual is different; and everybody has different goals. thanks for sharing that you met yours.
congrats op, everyone has their own journey goals and exit point. ive saved for years and cant even get on the housing ladder, the cost of housing goes up faster than im able to save. my aim is to make enough just to get a deposit so i can get on that ladder... i doubt i'll achieve it this bull run but thats the goal.
congratulations and thank you for the level-headed summary. the space needs more like you
thank you for this thoughtful and insightful post. remindme! 2 years "did amishmagic get out at a good time?"
congrats man! i’m in a similar boat - i’ve hit some life goals. i actually thought very hard. i listened to su zhu on bankless and uncommon core, as well as cryptocobain on uponly and they both said 1 thing that really stuck with me though. the market doesn’t care about you or how much you hold, it doesn’t care if you can now afford that car or 5 cars etc. they both said if the trade isn’t over, and you exit due to personal goals, you’ve basically rugged yourself. i’m still trying to decide what i’ll do, but still slaving away at the job for now. hope there’s a big dip for you to re enter a nice position.
honestly fuck this hodl criticism shit. tomorrow isn’t promised, why the hell would you hold money in an account for years and years on end and never touch a dollar of the profit, when tomorrow isn’t promised?
nothing moons like a lifetime of not making mortgage payments. not only are you purchasing an appreciating asset, you are clawing back that opportunity cost and avoiding ,000 in mortgage interest.
i hope the extra financial security you’ve won for yourself provides a foundation for many years of happiness. well done mate. the only thing i would add, and this is something i’ve learned just in the past few weeks: dcaing out is just as psychologically beneficial as dcaing in. selling half the stack whenever it’s extremely green is my personal strategy. nice and easy to execute, just every time something pumps to your target, sell 50%, then 50% next time, and on and on until it’s whittled right down.
congrats! nothing wrong with taking profits, that’s the whole point. i bought into crypto way back in the early days. had enough bitcoin at 15 years old that if i held to ath i would be a millionaire. sold and made a few grand to put for some college costs. bought back in around 2015, sold in 2017, if i would have over half a million, but i made a few grand which i used to get out of debt. bought a lot in 2019, if i would have held to ath, would have 3, instead i sold and used the money to pay for a wedding ring. each time i sold i made my money back and put myself in a better position, but each time i would end up kicking myself at a later date. now i have a strong traditional investment portfolio that assuming i can maintain my savings rate and the market returns at least 7% averaged out over the next 30 years i will be a multi millionaire by retirement. i have a good job that as long as i don’t quit or get fired, will provide me a pension over a million by the time i retire. so my goal now is to stay out of debt with the exception of some vehicles here and there and my mortgage. i’m going to maintain a healthy emergency fund so i don’t get blindsided by life and have to run up crazy credit card debt. with my extra money i am going to work towards holding one full btc. i’m going to diversify by holding some eth and maybe the occasional alt that looks promising but primarily i intend to take profits on alts and move that money into btc. i’m going to use btc the way other people use lottery tickets and just hold and see what happens by 2040-2050. either i lose it all like i would on a lotto ticket or it puts me a little closer to retiring early. crypto will never come before my primary investments, and i won’t spend money that i would miss otherwise. i think that’s probably the best way i can maintain my sanity.
this is a wise post. if you have a chance to make a real permanent difference in to life through crypto. sell that shit for gods sake. and thank your lucky stars.
nothing wrong with selling if you've achieved some major life financial goal thanks to bitcoin. personally, my goal was to retire early. i retired in 2019 at 36yo even though i was not yet close to my financial goal to retire but i knew we'd get a big bull run in 2021 so just had to have enough money in the bank to last until this year. and as of early this year i have easily more than enough income from staking to live off of and have the majority of my money safe in bitcoin backing all that up. personally i feel no need to sell my crypto beyond my staking rewards. that last dip a few days ago my holdings dropped by , been in this thing long enough to know it will be all the way back up and pushing my net worth to new highs soon enough. i'll just keep letting my crypto grow, it will probably hit 8 digits in dollars by mid-decade. i might sell a fraction of my bitcoin eventually in order to buy a bunch of land or maybe one or two other major things. in general i plan on just letting it grow, selling my staking rewards for fiat to use for cost of living, eventually having a decent amount of liquid fiat savings to take advantage of opportunities when they arise, stacking more crypto, and eventually diversifying into stuff like stocks and real estate (cuz currently i'm 100% in crypto). but there am not nothing at all wrong with setting a major financial goal for crypto and once you hit it use that money as you intended. sure you'll miss out on a ton of future gains, but as long as you've made peace with that fact when you get out then it is all good. congrats on hitting your financial goal!
that is great, like walking out of a casino with money.
actually this is good news. this op made good. but i have a long term goal in mind. i do not have a lot invested. just enough to see if it all works out. op i am happy you met ya goals. this is promising for others.
good job fam nuthin wrong with taking your profits. ima bit thisappointed i sold the majority of my holdings back in the feb dip, but ultimately glad because getting fully out of debt, which i did, was an important step forward in my life. did i miss out on a shit ton more money because of the additional run btc+alts went on after i sold? sure. but potential upside or unrealized gains are not tangibly going to give you a better life. getting out of debt is a very tangible life improvement. you made the right decision.
congrats! i have a similar goal. it’s easy for me to hold long term because i don’t want to deal with taxes of, selling here, buying there etc. and trying to time it never works, so i just buy dips. hope i can be in your position in a couple years!
you had a goal. you achieved it. just like when i start to sell off my 401k to pay for my retirement. it doesn’t mean i don’t believe in the sp500 anymore, it just means it’s my time to convert to cash
i also sold 1 week ago completely since achieved goal and started scare not logical developments like doge etc. good luck brother. no need to be too greedy! many people here just invest a little bit and can’t understand you
all i've been hearing is buy the dip for months now. guess what. if it is always dipping in the same range it is probably coming down. i'm out. not going to risk it now. the gains from here are not worth the potential losses.
so much this. i hit my profit targets and took out my initial investment. when i hit profit targets again i take profits. what did the man say? no one went broke taking profits. then naturally as existing goals are met, cash out fiat. sit on fiat. dump excess into dips. i read it here fam. "set your objectives ahead of time, when they are met, execute." i'm a small timer. but all profits are good profits. then i felt like gambling and bought 20 million shiba coins. i figure the ride will last longer than gambling at casino or scratch its lol.
paying off a mortgage is about as good a reason as possible if you have to sell... congrats broski
congrats on your moon, mate. thanks for sharing what you learned along the way, it is actually super helpful to see your thought processes. it's a great reminder to shave some profits and keep them around for the bear market fire sale. takes self control and forward thinking to do that.
everyone's situation is different. we are in different stages in life and must make the best decisions for ourselves and loved ones. good luck to you and thanks for passing on your wisdom for others consumption. i've been in it since summer 2017 and have been looking at the economy as a whole and seriously considering taking some significant profits off the table.
it's simple, reach your goals and get the fuck out. there will be plenty of opportunities. next investment and hodl will be money you can afford to lose. you are a winner.
op was greedy and the greed bought him a house. op wags his finger at greed.
congrats!! and thanks for realistic advice. greed will be my undoing i fear
good for you, that is wonderful!!! we all have to sell at some point, there is no point to hoarding. a goal is the right way to approach, kudos good sir.
i've been in since 2013. phasing out my positions as well. too much dumb $, i remember 2017 still.
best of luck mate! congratulations on achieving your goals!
damn you’re a whale. sell and then everything came crashing down... amish musk
appreciate the honest, no bullshit insight. at the end of the day, we are gambling and there is risk. you're mitigating it at your own personal will, which is allowed, obviously. i'm brand new in this market. it might go well, it might not. that's the risk i'm taking. best of luck to you and congratulations on hitting your goal - and having the willpower to pull out. it's hard seeing green. you feel invincible like it will never stop.
2025 i had sold all my crypto because of my personal goals. think bigger and longer. i should had left something as a long term investment. btc is arount 240k now all the other coins followed.
honestly good on you, op. paying off your house is as much a goal as i could ever hope to attain. if you're a younger guy and have a paid off house, you're pretty much good in life and should be comfortable for the rest of it. for me even just making enough for a downpayment would be a huge win.
great advice. thank you.
my portfolio is down , i feel you, but i’m not selling lol
that’s great. see ya next week.
currently holding my small investments of ada! hopefully i could look back here someday and can say to myself that was a good hold as well. congrats on your gains!
the thing im super confused about myself. i hold a decent xxxx wallet nearing xxxxx. ada as invest, eth as , btc as , and i do dca purchases with a percentage of my income twice a month. however, with a lot of my coins starting to 200% my initial investment etc, how on earth do i trade coins without hitting huge exchange fees, while still owning my keys? im currently holding my wallet on exodus.
i just wanna retire by 50. have just over 10 years
my current goal is debt free including the mortgage as well. 3! i had a lot of people call me stupid cuz i should be leveraging debt or whatever. but at the end of the day, i look at it this way: i’m paying off my house and all debt including capital gains tax... for . that’s all i invested. i caught safemoon damn near the day it came out. i pulled my initial, profit harvested, put some house money towards other coins, and am leaving plenty in eth and btc to continue growing. call me dumb all you want for not leveraging the debt. but i’m 30 and so close to having a paid off house, that we only bought 6 months ago.
i don’t get this paying off a mortgage that is only costing you 2-4% in interest instead of holding an asset that is earning you 100% per year. it makes absolutely zero sense. even if you were invested in something earning 10% yearly you would still be better off versus saving 2% by not having a mortgage. borrowing costs are at historic lows.
lesson learned: do not sell in bull market to pay off low interest debt
you've done the right thing bro. no one knows the future and never have any regrets. to steal a film quote: i'm sure you're all obsessed with any number of sad little hopes and dreams. your predictably unsatistying love lives. your failed business ventures. "oh, if only i'd bought that stock!" "lf only i had purchased that house years ago!" "lf only i had made a move on that woman." lfthis, ifthat. you know what? give me a break with your "could haves" and "should haves." like my mother used to say, "lf my grandmother had wheels, she would be a trolley car."
so...after reading this i actually got this gut feeling that crypto was about to dunk, the sentiment the past week has been one of a sort of gold rush, of people feeling like they are missing out. so i thought "fuck it" and cashed out on all my crypto...literally not even 30 minutes later everything began to tank. so thank you, like, really thank you for this post as it meant i did not lose any money and will at least have money for the next few months bills and rent.
that's a nice journey man. you made many mistakes and leant from them. this is nicely put up. thanks for sharing your learnings. congrats on being debt free.
scared money do not make money
bro if you are here since 2013 you are well wellllll off, so go ahead and sell i would have sold in 2018 you the real og for sticking around. maybe well see you in the next bear market buying all the dips!
the greatest financial success one can have is to successively stop moving the goal posts as more wealth is accumulated.
glad you got close to your goal but surprised that someone who has been in since 2013 sold with about 5 months to go in the bull run.
everybody has their own moon. i do not have much in compared to some. but once i hit my number, it is paper hands for me.
jokes on you, you'll get new moons for this!!!
now imagine wife divorces him and takes the house for herself...
lol gj bro congratulations, i think a majority consensus is bullrun will continue until xmas, but if you want to be safer you should def withdraw earlier. congrats on paying off mortgage! ada!
congrats on reaching your goal honestly even if you throw 's it is no longer a joke because any downward movement in price will keep you up at night
you made more money than letting it sit in savings. take the w, good job!
the most important is that you are mortgage free. i think that is ultimate life goal, if we are talking about strees free life. with your experience you can rebuild your portfolio during next bear market.
wise move in the current continous conditions (and more to come)
see ya…. wouldn’t wanna be ya!
i know this was your goal, so by all means stick to it if you’re really intent on it. but i bet your mortgage rate is fairly low, and it may actually be inefficient to use these proceeds to pay it off. just a thought worth exploring. edit: for clarity, by “use those proceeds” i take it as a given that you’re going to sell either way.
booooo! you cannot sell because you're supposed to either hit retirement age or hit life changing money! whichever comes first! booooooo! honestly, congrats my man! you had a goal and stuck to it! what's the point of earning money if we cannot use some of it to buy the things we enjoy; in your case, it is paying off your mortgage! hope you continue investing in this space when it is less volatile!
this is just hindsight and emotion. there's nothing to be learnt here. you have no clue whether we're at the end of the current cycle or not.
paying your mortgage really makes you a winner in the big scheme. congrats!
congratulations! i’m in a similar situation, except i cashed most of mine out a few months back. things have kept rising since then, but i used my profit to pay for a new house, so i’m living mortgage free. it’s liberating. yes, i could have held on but i couldn’t take that risk. i’ll buy back in if things dip a bit more, but for the time being i’m content at watching from the sidelines with a small stack. well done and best of luck in the future.
i understand your reasoning but you are making a huge mistake. financial freedom or pay off your house early. imagine the value eth in the next 5-10 years when it scales and is widely used. which it is already trending that was in terms of network usage.
why are there so many of these so called confessions about selling?
so you wrote this to justify it for yourself basically
this reminds me of the story of roy raymond. he started victorias secret in 1977, sold it to leslie wexner in 1982 for . ten years later the company is worth . seems wild to be involved with btc for a decade waiting for adoption and then sell the very first year theres any real institutional balance sheet adoption.
so... you waited for a bear market to sell? 🤔
one of the main reasons i am getting into crypto is because i do genuinely believe it is the way of the world, moving forward. so many people, around the world struggling to make a living and ends meet, and with the usd loosing value every year, what is the one thing you can say has held or done better every year...crypto. i'm not talking about your shit coins, i'm talking about the core 4 or 5 that are doing what the world needs them to...protecting the peoples right to property. buy...hold...do not read a paper...do not think about crypto...just buy...hold...come back in 5 years and cash out.
congrats! not having a mortgage is certainly life-changing. must have been such a wild ride having followed crypto for so long. i only bought in in 2018 but i got pretty close in 2014 or so when the silk road was a thing. ultimately, i’m glad i didn’t get into it at that time as i likely would have wasted my btc selling too early or buying illicit substances.
i buy the dip. mentally it’s hard for me to buy the dip in crypto since they have little intrinsic value so could very well drop to near nothing(like beanie babies). i’m no crypto expert so am i wrong?
we all have our investment goals. you just happened to reach yours. congrats mate.
congratulations man, great stuff.
well done! have a plan and stick to it. welcome to the layer cake, son.
sticking to your plan is so important. most of the times i did not stick to it i ended up losing money or oportunities. congrats on reaching your goal!
congratulations, but after the things i have seen in crypto, i would be really hesitant to sell 100% of any position.
my moonshot is getting enough for a deposit! looks like after that moonshot i'll have another goal similar to yours 🤣
the people screaming hodl the loudest are usually bagholders
congrats. i sold even sooner than you did, but i also had a significant amount of money and made a huge profit that makes a difference. i will come back, but it will be only during a long bearish season. i am not a person that jumps a riding train.
i will never understand why someone would pay off a mortgage at these interest rates. that's like throwing away money. i get using it for a down payment. or rebalancing into less risky yielding assets. but why pay off debt? i guess some people here are just trying to make more worthless fiat and do not really believe in crypto. fiat will fail, it is only a matter of time. neolibralism is dead. the central banks are fucked i say borrow as much as you can at low interest rates and help hasten the fall of fiat.
i'm sorry but this is not the best way to judge an investment's future potential. this is the one time in history decentralized, open source global banking infrastructure is being built and you have a once in history chance of investing still at a very early stage. i do not really believe in bitcoin because it is not backed by anything, it is still fiat, but eth and the other smart contract blockchains (especially the scalable ones like ada) are backed by smart contracts. imagine if you could own some of the code that runs the backend for bank of america? well you can, and there is intrinsic value to the services that backend provides.
*face palm* never sell, borrow against the asset. if the cycle ends, abandon your collateral, if it climbs, pay of the loan and make more money
i still don’t understand why people pay off mortgages. debt below 3-4% is an asset on your books long term. especially more so in an environment where dollars are being devalued at this rate.
we don’t need a post every time someone sold...if you want crypto to be as respected as the stock market, then people naturally sell for big profits. congrats op! this is how a free market should function! for me, i fully believe crypto currency will be adopted by governments in 15-30 years and become the de-facto currency. will there be a usdcoin backed by the us government? maybe. maybe not...but we’re just in the beginning of everything. the money i have in the market is purely speculative and i will sell for profits if life changing money comes up.
such cowardice being praised, this thread feels so backwards
sounds like you got what the kids call “paper hands” 😞
bruh it wiped out 40k in one weekend after earning you 200 grand in 3 months. who the fuck cares you’ll make 20 grand back tomorrow lol
these posts again? it’s been a while
i love bitcoin, but the signs are not good at the moment. wise decision, did the same 🤷🏻‍♂️
i say good for you for selling when you hit your goal. crypto is too volatile to put too much money into. that said, paying off your mortgage is not always your best option financially. head over to r, and ask what the best option to do with that amount of money is. personally, i would put most of it in a etf world index fund, and keep enough for an emergency fund, but that all depends on your personal situation, how much interest you are paying on your mortgage etc. just saying that paying off your mortgage in advance is not always the best thing to do in the long run.
this is a shitpost.
congrats on hitting your goals. we’ll see you again when you buy in during the bear market.
congrats bud i wish you well for you and your family! you have done well!! i will be selling in the near future as i'm getting to my moon!!
my end game i’m implementing is to slowly withdraw half my initial investment from now over six weeks and leave the rest, stake whatever, for years.
i dont think its a smart idea to sell now specially with the inflation tsunami coming. and its never a good idea to stop investing, this just shows me you used this as a casino, not an investment vehicle
if you need the money, then sell if you must. personally, i do not need the money i've invested, so i'm happy to hodl for now and see what the future brings (good or bad).
so you held because you were greedy and "learned your lesson" but instead of selling you hodled the dip? bro, you are a contradiction. you have diamond hands... use them!
so you've only actually been in for about a year
you need higher goals.
anyone who sells btc at this point just don’t have a clue and i thank them for keeping the price down atm. 🙌
bitcoin is a bubble. it will not go to zero but it will always have huge fluctuations. it's literaly just moving money around and playing eachother for fools. there's nothing good going on. the marketmovers know this and there will come a time when they dump it again. and then revive it again. and then dump it again. and then revive it again. and then dump it again. evertime reaching new highs. that's the nature of bitcoin. get in hit your targets and get out.
i hope we get more posts like this. it's always fun in the aftermath to look back at these and see who actually sold the top.
congrats! but is that truly “being in” crypto since 2013 ?
congratulations brother, happy for you!
how do you consider taxes in your equation??
i did the same thing , though i am earlier in the process then you and only have mid 5 figures portfolio. i realized the same thing in the last dip that fomo has taken over me. if fomo is taken over people with experience in the space than im guessing fomo is really high for new investors.
nice, congrats. personally, i don’t have a goal. i’m not here for any time now at all to cash out. it’s only collect cryptos and save them for when the world wants to catch up with them.
good for you, man! i sold too, i plan to buy back in at the 30k levels.
taking profits is a good thing
congratulations op. i'm genuinely happy for you for reaching your goal. thanks for sharing with us the lessons learned!
phenomenal write-up. thanks for sharing.
well done, you achieved what your goal was and to have your house paid for must be an amazing feeling!
this is a very nice piece of advice. thank you.
if you believe in crypto long-term, another option is to sell only a portion and not everything, so you still have a position. that way, you eliminate the risk of having to buy back at a higher price, and getting left behind watching everything moon.
if i ever sell out to fiat, i like to think i will dca just like buying in. do not do it all at once or your likely to lose some gains... just my 2 satoshis
i thought about buying btc back in 2010-11 time, but most of the sites were really sketchy and decided not to. more fool me hey, missed out big time
sold all of my eth and bought long dated treasuries. if the inflation spike is really transient, i will get a small profit on that purchase (bought ) instead of worrying about 90% losses i'm limiting my downside to 20% max
how did you cash out, and how are you preparing for taxes on your gains?
he sold ? pump itttt
my problem seems to be confusing buying the dip, and buying worthless shit that is on it is way to zero.
well good for you man. good choice, but i would have suggested leaving maybe 1k or so still in the game. you never know what the future holds.
what about capital gains tax?
well done! once o get to my goal i'll cash out too. the only thing i'd say is always keep a small holding.
this is what investing is for man - to achieve your financial goals and when you get there you should absolutely take your earnings and nobody can ever give you shit for that. congrats man and enjoy!
i do not know why you wouldn't just keep a bitcoin in cold storage. seems silly to sell everything. you do not have to have such binary thinking
i've been a greedy person way back in 2017 on where they set new ath and i did not sell it. now i learn once i got profit i sell it and buy on the dip like what i did in bnb, ada, and eth. i also waiting for icons tge seems interesting coz of the founder of flow and youtube backed this platform.
thanks for your donation.
get back in?... start from scratch?
cool, see you next week
congratulations. my exit strategy pretty much what you've achieved. what sort of plans do you have next, like cutting hours at work or a holiday?
congrats! that's what matters. i just wanted to make some profit and cash out because i thought i would need that money back but i decided to hold. already made some profit and now i'm watching how i loose my initial investment in just a few days. weird enough, i'm even less attached to it then before.
by your timeline, btc will hit over 100k the next couple of years or so. 2011: 2016: ,000 2021: ,000
post screenshots or you're lying. 1 month old acocunt. i do not buy it.
congratulations op! thank you for all the wisdom too which someone like me who just entered last year will find very educational and inspirational.
one of my friends suggests never viewing your current value on your app in your currency, but rather the bitcoin value because it isn’t as crazy. when you see a 40k drop that’s insane so there have been many that panicked and got out recently due to the effect elon’s comments had.
congrats man! you’ve got to have goals like these otherwise the whole thing is pointless. respect
just talking to a buddy about this same thing. it’s always going to look like it’s going up. way up. but it’s not guaranteed.
taking profits like a boss
congratz. i hope i can be like you.
my goal is buying a house for §1m or less. until then i will hold and never sell. good on you for hitting your goal!
hope everyone get that level of conviction. congrats op.
great read and good advice mate, cheers!
i think you decide when you sold once you've reached your goal and everyone's goal is different. plus like it or not we're all in for the money! god speed!
wait you have been this long in crypto and yet to reach financial freedom? wat
pic of the chart for mobile users
and it was in this moment. he knew, he had made a mistake. ![gif](giphymyeip5eruf3jy)
if you don’t even know when the bear market starts, and how long this cycle has left, it means you never looked at onchain metrics and have just sold based on your intuition. poor choice my friend.
thank you for this insight! i love hearing about people's success stories. i am just getting started on my crypto adventure and i hope that even the small amounts you hold continue to make you prosperous! accept this moon as gratitude for sharing your personal lessons, i appreciate this.
i for one think it’s amazing you achieved your goal! well done, it’s what we all should try to achieve.
pulling out now does not make sense when it is moving up still. put a sell order in at your goal number and if it sells in a week, so be it. if it keeps going up trail the rise with your sell order.
fantastic. someone sticking to a goal. mine is to pay for a deposit for a property! i'm nearly there, but if not and we tank for another year i'm fine with that.
i am hoping that i will be able to fund a house construction at one point in the next five years using the crypto gains i am hoping to make.
i enjoyed reading your post. you did the right thing
excellent! i too have sold some - eth and link for under + today. but i paid off my house and car. i still hodl and add to what i have (not the billion my last check of binance shows, but more than i make in year) as r, congratulations and go fuck yourself! i think actually setting a goal is incredibly helpful to manage the whirlwind of ups and downs, and paying off your debt to own your home is fantastic!
how much you make? i'd be interested to see that over the years of experience in the market.
good for you man. i have the same goal of paying off my house but am quite a long way from it. glad to hear it worked out for you.
ive just bought in in january, your top is my bottom... congratulations!
the markets are like the ocean. they have tides, and they have little waves. it can be very irregular. taking profits is good. holding a little for the long run is good. do not bet the farm. never pet a barking dog. the size of the combat bonus is inversely proportional to the likelihood of surviving to collect it. i believe robots are stealing my underwear.
for over a month now, hedge funds keep. pumping and dumping crypto!!!
what i would do would be hodling my position until i reach beyond my goal, take out the money to fulfil my goal and keep the gains running from the remaining i have
congrats. i think it is a great move. you can also start preparing for the next bear market and be ready to get back in and pick up some deals.
i could pay off my mortgage right now but the monthly payments are low. during the pandemic my spending decreased so i experimented with paying down the principal of my mortgage. i got it down to below ,000 so it is not a major debt for me. it makes more sense to pay down my credit card debt and hold my crypto until it is worth enough to clear all my debt. obviously it is imperative to do that because i will save a bundle in interest.
wait, is nicehash a scam? im using it to mine right now. what should i use in it is place?
congrats!!! that's one of my biggest goals, glad to see someone get there!!
i think anyone with sense will tell you to clear debt before investing. otherwise your probably losing most of your gains to interest rates overall
taking emotion out of any market situation is hard, but the real key is initially investing with a plan. if you’re here to get rich quick, fine, but be prepared for a rollercoaster if you’re planning on converting from this to that and back as the market fluctuates. have an endpoint, stick to it, then sell and don’t play the what if game. fomo is real and it will keep you up at night.
hey man, you sold, and for a reasonable reason. having a roof over your head is important too. and maybe you'll get back in at some point. at some point each of us will either sell or we'll reach the point when crypto is a stable currency, which can be consumed. all i'm saying is, you seem to have a good reason for selling, and if you're cool with that, that is all that matters.
i am actually to greedy to sell my gains. wife is pleading to realize some gains but im a greedy stubborn nerd !
congrats on the gains, even though theres still a lot more to come in the next months. bob loukas. this guy is probably the best in the space when it comes to predicting the start, as well as price range. some people call him “the voice of reason” in crypto lmao. hes on pair with institutions and big fund managers, maybe thats why. ever heard of him? he says it should be around the end of year, so lets see.
the market still has a few months left in it? what? crypto is just starting to catch the interest of the broader public as a whole. i'm glad you got out and made profit (i'm guessing, i had to stop reading after your statement that crypto should have "a few months left in it") but to think that it is all coming to an end, just cause you're out, is lunacy.
did you hold the whole time or do you sell chunks over time? me and my husband have a debate over how to handle this investment. i’m afraid to sell any of it because we bought in at such low prices, but every dip he sees the gains thisappear and he says “we should have at least sold enough to pocket the gains” but i’m like, then i’d be selling some of my coins that i got for a really low price and even if i bought back in on a dip, that dips still going to be higher than what i bought it for. so my average will go up. what should i do? just hold and forget i even have it or try to sell off some gains over time?
the future has more than a few months. blockchain technology is not going anywhere. very odd assumption that most have less then 're some enigma. i wish you the best in your investing endeavors. check back in a year
how did you sell it? did you use coin base or p2p?
up to you, i still feel like btc is going to 100k this bull run. i did sell enough of my crypto to cover my initial investment, so these dips means nothing to me, it could crash tomorrow and i would not make any real losses. i never intend to totally exit crypto anyway the staking on even stable coins is far better than any bank
my goal is a milli so hell yea i’ll hodl onto my coins and tokens like i hold onto my seat on a fkn rollercoaster. ps: wise decision op.
i have loaned 230.000€ against 1.7% (nowadays you can even do better), 16years to go. if bitcoin does better then 1,7% year over year (which is pretty easy, even crashing 80%…) it’s a bad move to sell in my opinion.
legitimately useful story. the value does not matter as much as actually using it. what is the point in having a bank account full of cash if you do not spend it on making your life better. glad you had a goal at stuck to it.
congrats on reaching your goal. just to clarify do you believe we will see another drop like the one we saw after almost reaching 20k in 2017?
congrats!! life is more than crypto, if some day i reach my goal i gona sell to! good luck
would you say a set goal? is it not right to say “i want to be as successful as possible” or does that often lead to losing profits due to greed?
my goal is to hit 6 figures for the first time in my life during this bull cycle but i’m about 40k short of that target. that amount will give me an opportunity to pay off my student loan and help out my parents. i’ve made good progress so far but i’ll need a lot of luck and a lot of research and patience to get an extra 40k profit in the months until this bull market ends, and i’ve accepted that i may not get there and will need to wait a few years for the next bull cycle.
much respect brother, people always say “you only lose dollars when you sell” but this is also true the other way around “you only have dollar profit if you sell” love to see people stick to there plan, it’s the one and only thing that make profits on the long run. i sold 2, i now funded my long term 4 year plan with it (when we get back into a bearmarkt) and have a nice salary for the coming years, and good profits as well. 1, where now shit coins are more important than real strong fundamental projects. it’s a sign of the end, i think a couple months max i think. love to see people with your strategy, again much respect ✊
my goal was to sell ada when i doubled my money so far it is about x10. glad i didnt stick to that goal lol
thank you for sharing this \^\^\^
congrats and i feel you on that. i was about to make a cash offer on an investment property then watched 40k thisappear within a few hours and decided to hold off for a bit and see if it goes back up.
i dont get it. why does everyone think crypto will only majorly move... u guys do know that this is the begging of the future crypto wtvr the fk it is era. lol. crypto especially the strong ones will only grow like visa or a bank. while the smaller. it will be yeeeaarrrss if not a decade or so before we see crypto play fully out like btc wasn’t’t close to it being done mining and ppl r jumping off board. wait till the history of that whale plays out b4 you think other cryptos will crash. as long as btc is up, so is the entire space of crypto 🤷🏻‍♂️. win win for now
ogs deserve to sell...make the world a better place
i made 7k on 1 coin last week, and had to cash out. it started dropping, and i bought it at 9, and it was too much to lose. cashing out doesn’t mean you can’t buy back in. one of my friends has 200k in his portfolio, i have like 4k. to each their own mate. cashing out doesn’t mean you can’t buy back in. but i got so much shit for that.
still cannot bring myself to sell!
it's easier to hold when you have not hit your goal. literally the only reason i'd sell is if i believe we've hit the downward slide of the cycle, and then only so i can keep it in a stablecoin and go in at the bottom of the next bear cycle. obviously i wouldn't time either perfectly.
props to you for sticking to your goal. a lot of people let go of their goal because of greed. enjoy your profits
congrats, paying off a mortgage is super huge! at the end pf the day investing money to get more to fulfill a project. you did.
the next 5 rows ought to be interesting.
you actually sold your bmw m3 2009? the other guy was just joking?
a tip of the hat to you my sir
my concern is because the only goal i set other than watching my investment grow was to get a new gaming pc, i have many times over the fund to do that now, but i really cant afford another buy in, ive thrown in only scraps in for years now and that has turned into something very nice, that i believe will continue to grow. because i have many times over the funds to reach my goal, i dont want to cash out the chunk and then with the funds i plan to keep in see that 2.5 k would have been 5k, then the next year would have been 10.
tl;dr im content with what i’ve made this is getting stupid now
nice. i'm gonna keep yeeting money into it because inflation. less value of the dollar means higher value of the crypto.
mate, set you goals and stick to them. don't listen to anybody, especially on social media. if you have reached your goals, you get out. having said that, my goals are something like 100k for eth so i have to hold for a few more weeks i guess (20k € invested).
i have been in crypto for about 5 months now. i bought the coins, i myself believe vet and polygon. it does get frustrating when things drop very low.
goodbye my man, and thanks for all the fish.
idk how you quto stuff but that part about finding it more risky to convert to fiat i fellt that stupid banks lol
i read your story and im really inspired by it,im a 15 year old who wants to be financiallt independent by the time he has grown up,any pointrs or suggestions to improve or places i could learn more so that i can become a better trader? im obviousky always doing my own research but some help every oce in a while can be really helpful.
i started in 2017 and after the big crash wiped out all my gains i was dumb to not buy more during these 3 years of sales. i’m definitely not gonna miss out this time when a bear market comes. anyway congrats for paying off your mortgage that’s a great achievement
i remember the mt gox days, my sentiment was the same as yours and did not buy and then saw its demise shortly thereafter. all the dates will be blurry to me now but when coinbase came about i bought btc . i started with 7 btc and traded my way to 47 btc at the height of the craze then to almost nothing when it crashed. good times
good for you...booking profit is not a sin as some people make it to be...
it feels strange reading about people leaving while i just started yesterday with a couple of bucks
just seeing how long i’ve been a redditor
don't let anyone talk you out of your goals for the chance at getting more money
think of that sale plus the interest you saved on the mortgage. good move
this is something i've been thinking about, you'll almost never time the top perfectly, this is why hold is actually good advice, hold until you reach your goal, if you want to trade, you have to accept you'll never time it perfectly, as for strategy, dca i guess, buy in any time it is down, even if it may drop further, sell any time its up, even if it might go up more
congrats on reaching your goal. when faced with these real life situations decisions have to be made. i sold some of my crypto a month ago to pay off my student loan and credit cards. feels amazing to be debt free. all the best to you. think you’ll be back in the bear market now that there’s no monthly mortgage payment you have to worry about?
the biggest opponent to personal wealth or greed is often yourself. you're absolutely right - when btc hit , ,500 in the 2020 crash, i literally thought "nah, it is going even lower!" in reality, buying literally **anything** in this time would've resulted in gigantic gains. if you bought ada in march 2020 you'd turn ,500. if you bought btc, you'd have turned ,000.
so you sold your 2k worth of btc? without actually values this is not interesting
i yolo-ed half my savings but i will hodle till the bitter end... i have nothing to loose. worst case scenario, i will sleep on my parent's couch.
all these i sold pieces with many upvotes feels like they are planted to try to persuade people to sell
respectfully, interest rates are so low right now...why not just refinance and then diversify your investments? are you trying to retire right now?
he sold? pump ett
i started earlier this year by moving the savings i have for a vehicle down payment that we're buying at the end of this year. i now have about 90% of that saved down payment in crypto. made about 10k in gains so far. it'll be hard to cash out when the time comes for that purchase but hopefully things are up when the time comes...it is a roll of the dice. bottom line, i can afford the payment if i lose it all but who knows, i could double my down payment or more. 🤞
this crypto hype needs to end. it's too early for us to do crypto, we still have to use fossil fuels for the most part to mine them.
so you are holding those coins since 2013 and you got scared about last dip. hmmm…
put £15 into doge as an easy starting place. hoping it hits £50. then i want to invest that into a different crypto. then i might just see how far i can take it, after all i’m losing nothing if it fails.
good for you! glad to see crypto changing more and more lives every day. allowing people to reach goals in life. hoping we can all have a success story like this, whether it be paying off mortgages, retiring early, or being financially stable throughout life because of crypto.
thank you for writing this. i wish you should have written this around 3 days ago.
congratulations op on hitting your goal. i am curious though, why did not you take profits along the way to help reach your goal? and stay invested
a gain made is a loss prevented.
congrats! but are you really going to pay off your loan? when you have money, loans are free.
good on you. having no debt is a great feeling (so i am told).
if you do not mind my asking, how many years of your mortgage did you have left?
just did the same thing with most of my portfolio to build a pc. the goals are what really matters! good for you dude.
i need my combination of eth and doge to reach ,000 because that the only chance i have to get a surgery i need. if it does not by the time i turn 40, i am probably going to die 👍 so i do not really have any choice but to hodl.
what the fuck are goals?
there is nothing wrong with taking a profit, i only put a couple bucks in here and there and mine on the side some. i am fine hodling. as the us economy continues to destabilize and rampant inflation continues to look more likely i think cryptos value will make a giant leap up.
cheers bro on the great accomplishment. i believe people lose sight of the goal sometimes and get caught in all the hype. you paying off you mortgage will do nothing but benefit you and your family. you made the right choice. it's time to start a new goal and i hope you also reach that in the future. great stuff.
hey op, bit of a different question here but how do you sell all your crypto at once? would you transfer all crypto to an exchange and then just sell against fiat and then just withdraw to your bank? did you have to pay taxes?
pigs get fat, hogs get slaughtered
ok paper hands. the economy is about to shit itself.
congrats! i’m glad you stuck to your guns didn’t get greedy and sold when your goal was reached. i too have the exact same goal. when i can pay off my house i will sell. now you can always buy back in when it dips. 🤙
great post. my “goal” post keeps moving. this crypto shit is like crack. when i decide to get out i will look like keith richards of the rolling stones.
congrats! may all your dreams come true.
inspiring to see a major goal was achieved. what is your next goal? mine is early retirement or at least to have the ability to retire when i want. paying off a mortgage is certainly in that plan. thank you for sharing your story. best wishes in all your future endeavors. taking profits along the way should be a goal for everyone, so when the market turns against expectations, it makes the ride down more palatable and you have some profits to reinvest in bear markets to ride it back up later, or get closer to your personal goals you had set.
my only question is which exchange did you use to sell? and what percentage of your portfolio did you sell?
that’s my goal, simply pay off my modest mortgage on my overpriced middle class home. could not care less about “lambo” or being a millionaire. i would just like the freedom and easier life that having no mortgage payment would give me. great job my friend, smart move.
hi! first off all; i’m very happy for you you’ve made it and reached your goal! 🙏🏻 i see where you coming from; stop when you’ve reached your goal and buy out 👍 a goal is something you must stick to and cut when you reached it made me feeling proud of you you dropped out once you reached that goal! someone other would go on and that, my dear friends, lead to greed. this fella didn’t let the greed feeling get to him and that makes it really nice to hear! should be more people like you 👌
congrats on paying off your house, whatever happens for you now in life, you have a home and no-one can take that away from you.
no selling just buying dips
you’re absolutely right. too often it’s hodl all the way, but one can’t hodl until you die. eventually you have to spend the profits, or else it stays just a number on a computer screen
a friend of a friend paid his mortgage off similarly to you. he acknowledges if he would held a few more years he would of been in a better spot. but he says nothing can buy that peace of mind he has knowing his house paid off. you did the right thing. now, jump back in and start over again, find a new goal to hodl for ;-)
congratulations! you did what others wish they did. thank you for the post. inspirational to us all
nice move! now it is time to buy some physical silver!
i sold 70% of my holdings over the past month, taking profits feels great, i still have more than my initial investment in crypto as i was buying all last year during the lows and was up over 20x... hodl is for people that want you to make them money, it’s a joke... take profits, that’s why i’m in crypto, to make money, not to hold while others make money...
i’m just hoping i can accumulate enough in time for the next cycle and.
congratulations bro... you got to do what’s best for you and if you met your goal then that’s awesome! we’ll see you back in the bear! cheers
i keep telling myself that "the decision i made was right for me at that point in time", and it removes all forms of fomo and regret.
great post i have a future lesson learned for you 2025... bitcoin and eth have 4times since i sold... lesson learned= the "10% rule". when you sell big, hodl at least 10% for the future, just because. take profits man, we all have our goals. but do yourself a favor if you have not cashed out. hodl 10% of your coins, even if it means coming up a bit short. if whatever coins you have 10x you will be able to cash out again at the same profit margins. do the 10% rule until it is no longer feasible
congrats, you held for 8 years and panic sold on a dip. definitely gonna take advice from you.
paying off your house is an amazing accomplishment, congrats!!
i put in an amount i was ok losing and have now seen a “return” i never pondered in my wildest imagination. it’s tough saying i don’t need this money right now, and i’m fully aware it could vanish, but i’m sticking to my original plan: let’s see where this goes.
did you simply buy with recurring investments or did you average up? sorry if you already answered the question. congratulations!
everyone who just says hodl and doesn’t take profits are stupid. everyone should have an exit strategy.
dude, this is awesome! i love to hear people with an exit strategy. it’s okay to stick to it and it’s okay to alter it with consideration. but having one is huge. my goal is to hit . that’s the trigger for me to pull . it allows me to support my family while i’m in the awkward phase of quitting my job but not having the income to do that yet from a new company (that may lose money the first year).
i sold too man. i originally got into dodgecoin in 2015 and mined the shit out of it, but then sold it all less than pennies for eth in the 2017 bull run. i took a huge loss in that run, and have been really slowly buying when i can since then. i always knew it would go up, and i hoped 4-5k at the top, and now here we are. i remember how brutal the drop was in the last cycle, how everybody was convinced that it would go back up next week, etc etc. i have no desire to live through that again. and even if eth does gain more, say to 8k even, it will lose more than 50% of its value in a crash. when that happens, i’ll still be way up over whatever price it crashes to, and i can buy back in for more, or just keep my money.
good on you, op. i loathe the “hodl!!!” culture. fact of the matter is everyone screaming that wants you to hold so that they get bigger gains for when they’re ready to sell. in some subs it’s almost cult-like behavior. i hope you got the mortgage paid off!
for everyone hearing that folks sold. remember this you never just sell out of a position, you average in and average out. just in case you might miss a huge pump. also, all this...i sold everyone... garbage is potentially bots just trying to scare you out. big boys want your crypto and they will do whatever it takes to get it. remember that with institutional investors we may see a different type of market not just bull and bear cycles but slower growth and less volatility. anyone who thinks these 15-25% drops are volatile, doesn’t remember or wasn’t here when we saw regular 40-50% drops in other cycles. when you make a 2-10x sell 10% take your original stake out and stack it up. once you have enough to swing trade with, buy the scariest bloodiest dip and ride it up to the middle bollinger band and sell. rinse and repeat.
the most important lesson in all of this? nobody "knows" anything still. hold of you wanna hold. sell if you wanna sell. reddit is for entertainment purposes. do it for you own reasons.
my goal is, to have a nice pension. have still to wait a couple of decades for that tho. also, i cannot sell my crypto ... beside for other crypto ofc. the goal, is to use crypto, like we use fiat today. i personally do not except to be rich with what i ve invested. but if what i invested in crypto, would get a 50% value increase in 10 years, i would be already very satisfied ... if it all goes x20 or even x100, i wont complain, but i do not specially expect it. i do expect fiat to lose faster it is value than before. now, i do understand you sold, if it is to pay off a mortgage or so. i would have done the same in that case. once you reach your goal, there is no need to want more, beside if your goal is to conquer the world ... ofc.
hard part is not to buy, it is to sell. bravo, enjoy your life !
ever thought of borrowing against your assets rather than sell them for capital gains?
one of the most important things anybody should do before investing is define an exit strategy. good on you for sticking to it.
congrats sir that’s an hell of an accomplishment there will be another bear market just listen to your own advice and buy during it.
reading through your chart, my main takeaway is that every cycle is different from the previous cycle, and that you'll be burned applying your lessons learned to the next cycle. it's hard to predict btc prices and time it.
what happens when you have to pay taxes though? don't you get screwed over?
congrats on reaching your goal💪🏼🚀🎉
congrats! it’s a lot better to leave with profits than to get to the top and lose it all
bravo! you should be proud. don’t work for the stonks, make the stonks work for you. meeting life goals is invaluable and always a better investment than holding out and taking the chance.
good read. 100% about getting nervous when the value of your portfolio gets higher and you have bills to pay and the dips mean large amounts of fiat you could have used to pay off bills. glad you were able to find some financial freedom.
ooof. i cannot even imagine looking at a portfolio with -40k. i can see why you wanted out. that's too much nerves for me man, congrats on hitting your goal!
so you started looking into things in 2012 but you did not buy until 2017? man what a bummer... you got some wet clammy cold feet!
finally, a truthful non-jokey "sell" post. i really appreciate it. award for you.
good job! you set a goal and you sold when you achieved it! and it’s great you still have some just so you won’t miss out on any potential gains!
i'm a newer crypto buyer so honestly i'm really excited for a potential bear market lol. i need this stuff to go on sale so i can actually build up my holdings.
a wise man once said, "it is your money. use it when you need it." - j.g. wentworth
gj my dude. solid post with great advice. hope all goes well for you beyond the sell.
paid off mortgage!!! fuck yes brother. fuck. yes.
given that i lost 0.4 eth from being stupid about recovering my wallet from my (now old) phone, but also hold some eth...i have a mixed feeling about it rising haha. that 0.4 eth every week seems to keep getting higher and higher and although i have some eth its depressing at the same time to see it rise because that money i lost is only growing higher and higher, smh...
wow... kudos... i wish i had paid closer attention back in 2018. i bought when btc dropped into the 4k range. i was new and easily thistracted...anyway, i respect that you went out on your terms with a take profit established, that is sound planning and lessons learned. i'm continuing to build my positions (likley smaller than your remaining positions) but struggle with my exit point... i'm telling myself years
damn we could not get the numbers?
the recent dips in the crypto market do not indicate that a bear market is coming. it's all fuckery related to the stock market crisis going on right now. do not panic sell crypto is just getting started.
always good to hear success stories. congrats!
great post. paying off my mortgage is my goal as well. currently 1. very exciting! and now the thoughts have creeped in as you stated, maybe i should just keep holding after i reach that point for bigger gains. not sure what i will do. i want to cash out at that point but i am a bitcoin maximalist and think we are going higher in the long haul. at the same time, i don’t want to lose the dream of living without a mortgage because of a miscalculation. it would provide me with more financial freedom. decisions, decisions, but i applaud you for sticking with your plan. i know it was not easy. cheers, brother and congratulations! 🎊🍾🎉
great job! don’t forget to pay your taxes!
congrats to you! well done, it’s nice to hear of people achieving their goals
if i had some crypto it would consume my life
congrats! i’m glad when people sell. i don’t have enough money in crypto for it to matter much lol, but i plan on buying more during the next dip. and in a few years if i have enough for a mortgage or something big, i’d absolutely sell.
good job op, and congrats on paying off your mortgage
buy when you can, sell when you need. everyone’s moon is different. no judgment here.
wow an actual post of someone accomplishing a goal with crypto, and not memeing. well done, op.
congrats on making your goal!
i think that you were playing with more you could afford to loose at some points.
this is generally good advice for any investment. if you start off small and that asset becomes the lions share of your net worth you need to ask yourself "how upset will i be if this shits itself?" i did that with gme. i made a lot of money and was planning to wait for "the real squeeze" when an older and wiser friend of mine pointed out that i had life changing money. could it be more? maybe. but what could be is never guaranteed and if just cashed out i could to eat a steak dinner and rest easy knowing i changed my life forever. alternatively i could risk it all and have nothing and for what? so i could have a shot at changing my life forever? you made the right call. congrats on setting an aggressive goal and achieving it. you'll never go broke making money and realizing your gains.
hey man congrats! like any other asset, thr gains are all imaginary until you sell! don’t feel bad at all. people who are holding, sometimes i wonder what are they holding for? everyone wants 10k. but you know they’re just gonna hold even past that. live your dream and enjoy your investment!
eth is the future will be the new king of crypto
good strategy. you did what you came to do. if i ever get my portfolio up enough to pay off my mortgage i'd cash out for that too, 💯 congrats on your financial freedom.
congrats! my goal is to own more bitcoin than anyone else but saylor is pummeling me
if you were in crypto since 2013 and you're not rich by now, you were doing it wrong and probably still are. congrats on paying off the mortgage though.
the only time i sold was years ago when silver dipped to . now, silver is at + so i am up, but i regret the trade :-(
you paid off a house in 3-4 years? can’t be upset about that! good job dude
thanks for this man! i hope everything is going well for you.
thank you for this post, it serves as a good reminder to myself to remember my similar goal as well and to not get greedy. i have a question purely out of curiosity - did you factor in capital gains tax into your target amount?
real life advice. thank you, i hope to do the same by 2030
good for you man! that too is my goal. to just pay off the mortgage. i don’t care about the lambos. just a paid off house and kids college funds. hope to get to your level soon my friend!
should have reevaluated your goals. paying off a mortgage early is not a good way to grow wealth
a hero & legends send off
you're not out buddy ... moons
buy the bear market is so important. find 2-4 projects and just buy in the bear market. makes gains great
thanks for the input and sharing your opinion. i feel like everyone dumping money in cryptos second run is in it for greed like you said. when it does drop, those people who are greedy will have buyers remorse similar to those who invested in stonks at the high and sold when the market crashed. i think your input will help those who actually have a long term goal instead of “get rich quick”
good stuff...but damn...so hard to scroll and read this...lol...i've been in since 15...i know your pain and joy!!! good job!!
never invest what you can’t afford to lose, and don’t be afraid to take out some profits- additionally, i would say always keep some coins, as in don’t sell it 100% if you can afford not to. glad you were able to make some money my friend, cheers!!
“ the best time to invest was yesterday, the next best time is today.” - you said it alone. i understand your sacrifice and your fear, one dip i had -33k. but still holding! ;)
you reached your moon! that's it. congrats
i don’t think the market is gonna peak until quantum finances are invented. we got a few decades left
op, you held true to your goal and found success. and it’s a big one! you kept it real seeing crypto as an investment vehicle. others get behind crypto for the tech but i believe majority see it as investment. congrats
there won’t be a bear market like 4 years ago. times have changed, pandemic changed the world, and crypto is becoming more mainstream with actual real world use cases. so the time of bear markets with 90% dips is over. btc is not going below 40k ever again.
i only got into it earlier this year, and i did what you did on a much smaller level, and got out because i met a small goal and didn’t want to lose that at least. it’s addicting to keep gambling for a higher price, i can’t even imagine losing as much as you described
well i gues you kept a moon bag . happy for you you made it where you wonted have fun free of that dept😉
my definition of “being in crypto” is quite.
good for you! i'm glad you made your goal and can pay off your mortgage. i have a similar goal. just got into crypto in february, so still new to all this. i hope a bear market holds off at least a year right now 🤞😬
lessons i've learned from trading 1 year in the stock market and about 4 months in crytpo, if you want short term gains, you can try your luck in a pump and dump but the risk is very high. i'd recommend learning option trading in the stock market. next, crytpo is young...invest now do not sell for at least a year, then hold more or sell if you need them profits 👍
for me, my lesson would be that only you are to you, and for everyone else. redditors, wallstreet, the news, influences, youtubers, fuck9ng musk. they are all to them and you are a aquishy retail investor quick buck. they will use their power and notoriety to fuck you out of your hard earned money.
congratulations. setting your goals and sticking to them
you gotta pumpt it up
congrats! i have a similar but loftier goal, to buy a home solely with my crypto proceeds. i only got into crypto shortly after the pandemic began, and began dca'ing into some projects i thought had a bright future. at the time my plan was to only hold long-term, however after getting laid off in october after devoting my life to a nonprofit for 8 years and feeling fully fed up with working for the good of others, i decided to devote myself full-time to crypto and try to better my life for a change. i started day trading crypto, which actually went really well for the time i did it. however, as well as it went i did not like feeling like i had to constantly watch charts, and also taking small gains while missing out on bigger ones. i switched quickly to swing-trading based on fundamentals, but after the sec lawsuit against xrp that rapidly turned into investing in and holding projects that i fully believe in, namely eth, theta, xrp, xdc and mrph. since that time i've bought into and out of a few coins, but only to add more theta and tfuel to my stake. currently my portfolio is sitting around the 40k range from an 8k investment, but i'm confident the release of theta mainnet 3.0 will significantly increase the size of my portfolio. also hoping xrp will get regulatory clarity before the end of this bullrun and with the flare airdrop will really start to take off, but if this bubble pops before i reach my goal at least i have some good holdings that will not apart during crypto winter!
heheheheh go sell the price will on rise for the holders!❤️❤️❤️❤️🤑
nothing wrong with taking profits my friend.
"learn and read more, do not listen to others." i think what you're trying to say here is "learn and read more, compare sources and determine who has the best information"...not necessarily "don't listen to others" its up to you to determine who is selling you crap and who might actually be right by comparing sources. compare compare compare and compare some more. the real estate market is at a pinnacle right now and i feel within this year we might see a huge bubble burst. with that happening, many will be pulling their crypto for fiat to buy homes or save their money when it hits the lows. every bubble bursts, nothing stays on top forever.
always set a legitimate goal and stop when you hit it. this is coming from me, jokingly buying doge at .02 and selling at .07 because i forgot i had bought it and my joke was double my money and out! granted making 1200.00 was fun for no effort...and seeing that 3 weeks later was 14k...still...it could go the other way :) now i think of the people who got in at 50 to 60, pleading to god that robinhood keeps increasing its position to prop it up to keep shorting it, and hoping they catch the breakeven point . so my son was appreciative of the 1200.00 addition to his car fun...but it pissed it was not 14k...so more lessons still to teach :)
i’m happy for you congrats on meeting your goal and sticking to it, we have extremely similar situations and got into crypto at about the same time. i also took some out but to pay off all my debt. i also recommend people try out what they are holding , like actually try to use whatever it is and see what it’s like , not going to name any projects but some i don’t understand the utility, or how they could possibly “moon” from anything other than hope and hype.
i really appreciate this post. most noobs like myself are just looking for how to go up constantly and never considering what else could happen along the way. thanks a lot.
never apologize for taking profits and doing what’s best for you. congrats!
dont sweat it. matic paid off my credit cards and that was my goal. i sold under a dollar and looking at the charts today i dont regret it at all.
i like this thread. in the end no one knows what\`s going to happen. have an exit plan, have goals that you want to achieve and then stick to them. nothing is guaranteed. not alt season, not a 288k btc valuation. being grounded at rational ist very important in any investment.
yup, times ahead does not look good so paying off your mortgage is really smart actually. i hope you still hold a little gem or two, it is not smart if you sold everything, you lost a spot in this market, a spot you will eventually regret leaving :d (been there, done that) but you can later comeback in 2 years, when real bear market starts.
imagine thinking anyone actually cares.
for anyone reading this, using your profits to pay off your house is not a wise investment choice. crypto is hella volatile and i can certainly understand wanting to get out in the green, but as an investment strategy paying off a mortgage is not the best idea. interest rates are low, you’re sitting in an appreciating inflation proof asset that the bank has paid for for you. your rate of return on even an index fund is going to make you far far more money than what you would save in interest on a 30 year loan. seriously think about it. let’s say you have a ’ll pay the bank . let’s say instead of paying off that home, you dump . that will be worth millions of dollars in 30 years, but if you paid off your house instead your return is only .
i’m looking forward to the next bear market
sold 90%, take my huge profits. maybe gonna regret, but maybe gonna buy cheaper in some times
great job man!!! the most important lesson, always take profits!!!
this is so reasonable and helpful, thank you for sharing!
awesome! happy to see you reached your goals and got out with it! good luck in the future
thank you for sharing your story
why are you paying off your mortgage? no offensive, but a mortgage is cheap money, you could put that money into another home or almost any index and make twice the money an appreciating home would make, use a fraction of those gains to pay the monthly. life is a game, a gameboard set up by the powerful powerful wealthy, you gotta learn how to play the game correctly. sure, peace of mind, i guess? if things go sour like in 2008, you still have money in indexes making money to pay your mortgage and bills, whereas now you'd just have a paid off home and no money in indexes and no money for bills. i cannot think of a circumstance where paying off a home loan early makes sense, almost any other loan makes sense because of the interest, not a home loan. and as your riches grow, you can refinance that loan's interest more and more, which means more money to put in thr markets. anyways, i look at life like how i look at a strategy game, play the game, you wanna win.
this is a good post. thanks for putting this together. but i'm not selling just yet.
exit plans are a real thing
i love it. i sold too because i have a decent amount of money in it, but i literally have 3-4 friends who have ~500 each (now, not invested lmao) who are telling me to just hodl
happy for you, buying a house is no small feat
the question is if you are truly out why you still talking about it.? one reason.
now im feeling the same, i would better invested with profits in my mini business idea rather than picking a car
great thoughts. same here. make sure to account for potential taxes you may have to pay next year though
you traded an asset for an asset, good job
good job! will start to dca out myself tomorrow!
no one is going to mention the fact that an amish person was in the crypto game?!
in my experience, concinving myself that i can stomach a drop or selling too early is much much harder to bear when the time actually comes. in late 2017 i bought because i convinced myself: “if it plummets it’ll bounce back up to new highs in a few years anyways”. while this was true, those years were very depressing with tens of thousands of dollars wiped out and doubting that it will ever rebound. not so easy. now, i bought in a ton of cake tokens on pancakeswap at the peak calculatating that with 140% apy compounded, even if the cake tokens lost half its value, in 9 months i would have made my original investment back. well, cake already plummeted close to -50% now while every other coin is pumping to all time highs. not so easy.
take profits when it helps you, hold when it does not. it's a simple rule. congrats on sticking to your plan, even if it took a dip to nudge ya :) i would add one more: always leave the value of your original stake in to make you more money. or, hell, to make your family more money when you are gone. if you can leave more in than you started with? great. but take your profits when you need them. set goals, like you did, and do not be afraid to pull the trigger when you meet them.
same here. just wanna have some nice car for myself. and i am almost 70% near to my goal.
proud of you. don’t let internet strangers dictate your financial life. money aint a team sport
top has been in
i started investing in crypto in the fall when i realized there was exchanges and i didn’t have to figure out how to hold all this on my personal computer. i had a goal of paying off my student loans, but with this latest bull week i can feel myself getting greedy. (i only have eth and ada so for me this has been a good week.) what about the student loans and the mortgage??? i appreciate you sharing your story because i’m wrestling with the same thing, but a few steps behind. i’m only 25% towards my student loans. (with my initial principle it would be like 6%) but it’s easy to have that thought of “maybe i’ll just hold and grow when i get there…” i gotta remind myself to have a plan and stick to the plan. thank you.
shit well i just bought in thinking its going to go higher before it reaches bear season.
hell to the year u. truly happy for you! gives me hope for my small portfolio.
cool dude love your life
i think it is wise to sell to reclaim invested + taxes then use market money to rebuild. preservation of capital is utmost importance.
same. i jumped in just about 60 days ago and since that time there have been 5 major spikes downward. 4 of those 5 rivaled the % losses in the stock market in 1929 where it lost 11% in a day. this latest round of spikes down was the last straw for me. every spike it seems is just a random news story that most of the time did not even have anything to do with crypto as a whole. one talked about bitcoin only. one was a fake news story. one was about long term capitol gains taxes. the market is just far too easy to manipulate. you are really just holding on for dear life waiting for the next bad news story to hit and see your portfolio drop by 15%. when crypto is more established and the market is not as manipulated i'll definitely come back in and invest. but that'll be a long time
well i hope you made a lot of money...goodbye and good luck. as for the rest of us...we’re not leaving.
okay so liek... cash out, turn 30k into physical precious metals. keep the rest of the 10k a d maybe put 1 or 2k into crypto just to watch what it does and maybe restart the cycle. that's my plan, at least. i think you should just keep a small portion into crypto. if it makes you nervous, cash out again. good luck whatever you do, though.
how do i sell my dogecoin held in core from 2013? i tried to sync the program but it filled my hdd
thanks for your post! great stuff and congrats on your win!
crypto might be the only chance for the average joe to become rich. set your goal higher!
good for you man, great for sticking to your guns! i was in crypto in 2014 and loved what the community was doing with dogecoin (jamaican bobsled team, getting water to african towns, etc). had a handful of darkcoins in mintpal and saw it vanish with the whole fiasco. never seen a penny of it! quit from there but held a few on bittrex. came back in 2017 and lost a bit in the 2018 crash. recently came back but just stuck a few coins on a ledger and will leave it for the future. congrats on your gains but you should take a tiny bit and stick it on a ledger and enjoy em in the future. then in the future, you'll remember it and have some fun memories.
i plan that once my goal is reached, i will start to slowly sell a fraction at a time over a month. once the sold value reach my initial goal... i may still have a few eth in bank to enjoy future rise.
in no way can i understand someone having success in something still so incrediobly new and getting out in such a macro level. imagine the opportunity loss, i wouldnt be able to wrap my head around it
you sold enough to pay the taxes and your mortgage? being mortgage free changes your life in a good way. congrats. well done
glad you stuck to your goals and cashed in, i probably would have done the same and kept some in alt coins and left it in a cold wallet.
i am in it to start making my money work for me, instead of me working for my money. i want to make enough to invest in things i want to create, so i can help the people in my orbit and so i can affect positive change by building businesses and systems that actually build the world into a better place. basically, wealth should be a force multiplier for what you hope to achieve, not the end in and of itself.
the market is most likely to crash when market conditions are favorable and traders are bullish according to an article i read. this market had created so many gigantic bubbles so i would be very cautious where this is heading too.
nobody ever lost money taking a profit.
at some point, you have to take your win. and go home.
i’ve made more in dogecoin since february than with my ira in like 10-15 years. it might be a money train, or a hype train but i’m making bucks on the ride. thanks for the post, it’s nice to see some personal insight like this for folks like me just starting.
everyone runs their own account. glad you reached your goals, that is exciting!! and remember everybody to ladder out when you achieve yours...
that’s okay, now that your house is paid off, you can take out a heloc and buy in the next bear market using borrowed funds at low interest 😎 *not financial advice*
"buy in a bear market, sell in a bull market" applies to every asset. that is the core of buy low. but almost no one can do it because they fomo in with all their cash in a bull market and then they sell at a loss during the bear market, then they sit on their hands til the bull market is in full swing again. if you can stand to buy when everyone else is selling, you will come out on top (so long as you are not buying something that is going to end up delisted. do your dd dont just buy all the red)
beautifully done op. thinking of writing my own post and lessons learnt along with way. good luck!
congrats op. i also have personal goals that i’d love to reach with crypto. hopefully i’ll get there too.
i am new to crypto and could you recommend some platform i can start? of course i am still in the research stage and will wait patiently for the bear market. thank you.
i appreciate the history lesson, but i don’t think it is the same now that crypto is going mainstream. i doubt any one tweet in 2018 able to move the market like the way it is right now also you are underestimating the power of asia, they have so much influence now compared to before
i feel like this is the right approach to most investments.
we all need strong pull out game when we hit our own personal moon. also don’t forget to take weekly or monthly % profits. it can only can have and effect your life it’s in a form that can change it. numbers on a portfolio mean fuck all. as much as we hate it, cold hard cash is what effects change in our day to day lives mostly. a lot of us see our portfolio moving in amounts daily that are larger than our monthly salaries. if you get to this stage this is when you need to start pulling out some profit. by all means leave some skin in the game, but my god take the cash as well.
this takes real strength 👏
whats the best way to exchange back to fiat? if i ever make enough money to be debt free, im cashing out but that wont be for some time. any suggestions?
there are millions of sells everyday. that is how markets function.
if there is anything i learned and take to heart about investing it is that. once you sell for a profit never look back. the what if will torture you if you let it. i hype bought snap stock and it tanked and i panic sold. but i also bought alteryx after seeing it be actually used and alteryx exploded and covered my losses from snap and made even more profit.and when i got out i made a clean profit. i do not look at snap now and alteryx now and think what if. i did what i did when i did and i do not regret it. with cryptocurrency i have my own goals as well. it may not be till i become a millionaire lol. probably more so if i can get into mid 6 figure range around -200k to pay off home loan and get a sizable lead into next home cause currently i live in condo and while a condo is great i really prefer to get a independent house at some point. but yeah like you i would not stop investing when i reach that. i'll take a sizable portion out to pay off condo tho but i would not stop investing but that investing is just cherry on top
how many times is this going to be reposted?
> learn and read more, do not listen to others. this lesson sounds a little contradictory.
paying off a mortgage is pointless. just get the free appreciation that comes with the loan and use your money on better investments
it's great to read this instead of people saying "i sold my greatest asset, my house for crypto". smart move. best of luck!
you say you're out , but you have to buy back in when we go cashless society. before 2030.
was there a lot of tax to pay on that too? when you converted to fiat? 🙂
congratulations and good luck to you
i got my goals and i'm trying to liquidate. already quit my job. good luck with figuring out your taxes from your mining days. every single transaction needs to be accounted for, every penny with a cost basis, all through your mining days. then you need to pay interest and penalties for not paying taxes on it all years ago. they do not tax you when you cash out, and they would not tell you what you owe. they just flag you and your guilty until you proved otherwise.
what happened: fud, fud, fud, fud, fud
why do people cash all the way out all at once? this seems like a one way street to regret unless you perfectly time the top. scale in, scale out.
my goal is similar to yours. pay off all my debts. mortgage, car, credit, student. my goal is to reach the sum of those totals plus 20% to prepay the tax. i feel like once that is done, i'll probably get right back into it though.
buy some safemoon its going to upend the market
i know everyone says to hold but this is smart and realistic. you have a plan. you stick to it. and crypto has made your life all the better for it. kudos to you.
i do not believe you
this is my goal. pay off my mortgage and bail
yep. i invested a lot of money back in 2017 got greedy and lost a shit ton of money to random shit coins. eventually got pissed and sold out. didn’t start buying again until earlier this january and only put in like % gains i’m selling some and when i hit 100% gains i’m pulling out my original investment, period. and i quit paying attention for a month or two. and eventually it happened eth blew up and i hit 100% and sold out my original investment. now i simply plan to keep 1% of my investment portfolio in crypto. but it’s nice to know that i’m more thiscipled about my investment strategy now. my younger self was stupid and greedy.
same man! life changing gains and i’m not being left with the bag again. gratz dude
pics or didnt happen
joke's on you. you just earned a bunch more moons. you're now in deeper than ever!
appreciate the sincerity and humility 🙌🏼 keep on keeping on
are you ever going to buy back in? either way this was awesome, congrats!
so what coin did you invest in?
congrats! hopefully you also thought about taxes on those gains and have some left to pay it.
you became a wise man because of all the years in crypto or a wise man in wording!!! always keep to your goal 🏆
that’s so cool you were able to pay off your mortgage! congrats!
perfect mate. tl:dr all the comments, but you've summed it up perfectly. if you have a goal, stay focused on it. it's so easy to get greedy and re-evaluate them. "i wanted enough to retire 5 years early, got that, sweet. but if this bull run continues, i could retire early and pick up a big camper, oh, shit, we're into bear winter and now i cannot retire until the next halving, bugger, that is not until 2024, which means i can only retire 2 years early... thanks for the post.
it doesnt matter nor does it require so long of an explanation. you set a goal. you hit it. you sold. good job now move on
congrats mate i’m glad you made your goal. i have mine and once btc hits ’ll be selling. godspeed
smart man i respect it. on the bright side you can start over again if you really believe the price will go up and set a new goal maybe. all the best good shit!
so many “i sold” posts. grats, but the true believers won’t have to sell.
brother be careful and talk to an accountant about the taxes!!
my honest thoughts are that you are a bit slow in learning about mistakes, risk-reward, and potential. for me it took a mini bull run from 3k to 14k in 2019. i was interested in the market since january 2019 but was a total noob, i tried to outsmart the market trading and made less that i would hodling. i bought the dip in eth and btc after 14k peak and around covid19 dump in march and held ever since. i am sitting on some huge gains right now specially % wise because in usd value "huge" is diffrenetly interpreted. i decided to hodl indefinitly, learning from people like m. saylor, 200% a year. now with eth staking i can make more by not selling, and if i want to buy something i just spend the interest. thats how i will become fucking loaded in few years.
we’re entering a super-cycle. tell me the last time crypto has crashed that has been immediately preceded by a bitcoin tear. bitcoin going on a tear and overheating right after altcoins just came off a tear is what has caused every crash. alts haven’t come anywhere close to running enough, and bitcoin has been largely consolidating for more than a month. the dynamics present today simply aren’t conducive for a crash. i mean, you do what you think is right, but all the indicators suggest that this is a terrible time to get out of the market.
thank you for this post
i dont understand these "goals" you talk about. buy crypto if you have extra cash, sell crypto when you want to buy something valuable. don't need a plan or a price target for that...
i personally do not like to think of crypto as an investment, although it is great if the value goes up. to me it is more like a lifeboat in case the dollar crashes.
i have not sold but i wish i had, two days ago.
thanks for the great post. i'm having a similar battle in my mind. when i started investing i didnt necessarily have a goal, but now looking at my gains i think paying off my house could actually possibly become a reality this year. so i've kind of made it my goal that if i could pay off my house without selling my eth then that would be my goal to sell. so if we have a really good alt season this year it might actually happen.
when shit coins pump, and my 16 year old cousin is non stop talking about doge to the moon and has not even taken an econ class yet is when i get nervous. when everyone starts getting greedy take caution.
thanks for sharing your story. we are have different reasons for being here. i have been in since 2018 and missed the big dip on btc. i can also admit i am probably one of the least knowledgeable people in here. at the beginning of the pandemic i was watching and said i would buy in at ,500. at the time is was ,800. woke up the next morning and it was back over ,000. i had missed it and never jumped in. i am in a few other projects and have a long term strategy. i do believe you hit the nail on the head when you said "pat attention to your goal". many look at crypto and a new financial system and others look at it as an investment. if you are looking at it as investment, you need an exit strategy and you need to follow your plan. wish you the best, and again...thank you for sharing your insight.
bro you should have held man. defi is way too powerful. don't opt into legacy finance. crypto is paving the way out of legacy finance and you just bought back into it...
i love this and thanks for the reminder.
dude im fucking stoked for you man. who cares about potential lost gains of the future. you gained big by being able to pay off a house!!! that right there is a huge life win that many will never be able to say they did. i am sure your future investments will be great and enjoy that home my guy!
congrats! hogs get slaughtered, you made a wise choice.
now buy some amc and make be prepared to make some real jack!
allright guys, he finally sold. can the crypto market now finally recover and chill the f out??
thank you for your informative post and well done on achieving your goal and not falling in to a greed trap (twice) :)
you used bitcoin to inprove your life, this is exactlly what its about, all the best for your future.
glad you left. don't need paper hands. ! enjoy your fiat.
congratulations on paying off the mortgage. your goal is currently my dream and i hope i can hit it over the next bear. big accomplishment for you!
thanks for sharing your story
there is some crypto i just leave thisposable cash in. ada, nano, eth, etc... just in case it ows up one day. but i could not care less if i lose it all because it only totals -10k.
do me a favor and buy , just in case.
you clearly haven’t heard of bsv
i put in 8k and lost 1k already shoulda sell while i can???
fuck it is really over is not it. fuck fuck fuck fuck
love this, seems like a happy ending. glad you are still in crypto, would be a shame to let all that knowlegde go to waste. i am happy when i see this kind of stories. bravo to you man. good job and gg!!!
everybody has that magic number. glad you hit it good job!
great post and thank you for sharing your thoughts and experiences.
to be fair for most of the world owning your own house is pretty rich, good job
im also having some problems with shady companies, im 17 and just started with all of this, and im not so sure about a company having all my passport details like ssn etc. i use binance now without having the kyc verification
thank you for your sacrifice
good job man, that is a very rational thing to do. ' personnally invested 4 k, will hold everything until i hit 8k, then will recoup my initial investment and will stake the rest. i'm currently halfway through my goal, mainly because of ada and matic. i do love matic long term. i hope i stay as rational as you when i hit 8 k. also mining on a gaming pc for 2-3 . i will keep those gains into crypto and will dca in into different projects through those 2 income sources.
congratulations for finding your personal moon
nice post. thank you for sharing. noobs, listen to this dude! the one piece of advice i could not agree with more, **buy in a bear market.** pick your favorite projects and load up when no one cares and the market is "dead". good luck all!
hell yeah brother this is what it’s about that’s life changing money
i do not want to sell but paying off the mortgage is somewhat of a "minimal" goal of mine as well. i say minimal because the ultimate goal would be to be able to retire if i wanted. however paying off the house seems more achievable. good post and good luck! you can always dip back in later when things have calmed.
i just wanna say great formatting
i would sell already as well but tbh it is hard to get something else sturdy against recession, maybe some metals. in most countries real estate is overpriced a lot. so that leaves crypto and precious metals best bet against inflation or some crisis wiping our monetary system.
you and i are in very similar boats.
nothing wrong with taking money off the table if it’s gonna improve your day to day life. i pulled some out to pay off some cc debt that was stressing me out.
if you’ve been holding for 7 years and won big without paying off all your debts or just straight up leaving. that’s some dumb shit. good on you.
i sold as well. not even that much invested, but the energy suckage just guilted me too much.
i lost 20 bitcoin and 800k doge when the website i was using to trade suddenly got raided by the feds after the owner took off with all the codes back in 2014. that said, it was worth peanuts back then, and i would've sold *years* ago if i had still had them. i went through some old drives yesterday though, and found my old wallet that still had just over half a bitcoin on it (since it was worth so little i had not bothered sending it back then), so that is nice. i can almost guarantee i would've sold all those coins way before they were worth what that half-a-bitcoin is worth today.
**learn and read more, do not listen to others.** this is the best advice you can get! god has given us all a brain that can do all of the hard work and find the best investment with his help. peace!
how did you format that list for horizontal scrolling?
this is probably one of the only points panic selling is a good decision, thanks for the post.
congratulations on your success !!
thanks for the blog update
mortgage rates are cheap ( consider a fixed rate) and the tax write offs can’t be matched if you earn a decent income ...but admire that you set a goal and achieved it !
buy zcn, thank me later
paying tax, that is silly. i'm not giving the government a cent.
congrats on reaching your crypto goal and following through on your plan.
i feel ya dawg i lost like 20k the last few days overall and that is with some recovery 😂😂 i'm too greedy tho 💎🙌. i respect sticking to your goals tho much thiscipline
i think this market is going to go higher, just because institutions are getting on board and internet blockchain evolution is in its infancy. of course, it is going to be volatile but i am not paying off any house or bills. i have a lot of extra cash lying around so i am building a crypto, i will buy and hold for years. so far, i have skale, polygon, ethereum (when 2.0 hits, this will go higher) , little bit of bit and safemoon as my crazy speculative play.
bookmarking this so i can come back and cry when the market shits the bed again. good for you got sticking to your guns, op. i wish you luck on your future endeavors!
crypto is full of thisgusting selfish subhumans like you.
youve been in "crypto" since 2013 and you only lost 40k recently? youre a fkn liar. downvoted.
really smart btc is crap, horrible for environment, and never really delivered on what it promised. it's basically the coin of oppression at this point.
put it all in mnmd! amazing potential for a market in the infant stages.
>for me, the weekend "dip" wiped off . i thought rule is if you cannot bear to see your investment dip 50% rapidly and recover you should not be in the market. glad to see you've finally figured that out. stay out of crypto and "dd" from now on, you clearly do not know what you're doing if a weekend dip scares you enough to quit lmfao.
congrats op! this is the way!
this post is useless
i’d just like to say, first off good for you for being rational but second: nobody should be investing based on goals. goals are shit you can achieve on your own merit, investing it random and chaotic. having a “goal” like paying off a mortgage or becoming a dogecoin millionaire could lead to very poor risk evaluation and people putting more money than they should into an asset class. sure my “goal” is to buy a lamborghini in a year, so i might as well invest in asset classes that have been exploding right? it’s very dangerous behavior and this sub in particulars survivorship bias and fear of any negative commentary is going to leave a lot of people overextended and thisappointed. you can’t outsmart the market in the long run, and you have to know the risks of losing everything
i understand what you wrote and why you wrote it, but when you invest in something, you take your tendies or original investment out and leave some to continue gathering value. just selling everything cause you met a goal is, well, it is f#. the dumbest shit i ever read. yeah you paid off your home, but you still gotta pay taxes annually on that home & i hope to god you're still working & will have to continue working because of this. nft's are the new amazon and you need eth to buy them. knowing this you did not leave anything in? you sir are insane, but i applaud your courage to post it here. congrats on your small gains, just no congrats on selling everything. 🤦🏻‍♂️🤦🏻‍♂️🤦🏻‍♂️
so much bullshit in this story, you people are so gullible. no wonder shitcoins are riding high.
good on you op. we share the same goal. i just want to pay off my house so i can live comfortably. if i end up with a little extra, that is great, but i just want that mortgage done and dusted!
this is great. congrats dude. did you dca in bull markets? it's hard to imagine waiting for this "hype" to die down. i'm sure it will to some extent, but i really do not see eth going below 1k, nor btc back down to 4k... obviously those are old low points and anything is possible. i just know so many people here would eat those up immediately.
congratulations! in ten years you paid off a mortgage. chheers. what a motivational post. thanks for sharing.
when was there a rise after the big dip? i did not see it
hats off to you. most people go in without an exit strategy and are stuck bagholding forever. remember why you started and stick with it.
you act like you aint gonna buy back in and do the same all over again, no issue with cashing out, but you know you're gonna put some money in something and do it again
no doubt it will keep going up because of my sell. consider it my sacrifice for the rest of you guys. sure, it will probably hurt looking at those lost gains sometimes, but you know, "coulda shoulda woulda."
this happens way too often to not be a real thing
must've been in ada judging by how it did last night.
the reference so the people understand.
and after it. ![gif](giphyh3nasmywkz8amqhahh)
this is how it works. thanks you for your sacrifice op.
reading that entire post and then seeing this comment was gold lol 😂😂😂
he bought? dump it
bam. let's go this.
louder! pump it! louder!
he is typing. pump it.
put me down for “agreed”
you heard him boys!
every crypto i buy dump , i should sell a service of shorting coins !!!
here comes mr. bogdanoff
he does not care; he did not short, he just spot sold. he'll be fine. take that, bogdanoff.
dang dude you got your rent money with four words!!
not sure if it’s just me but i read that in bogdanoff voice 😂
does buying increase the price or selling in a market?
thats the plan. thanks!
exactly, seeing the opportunity and grabbing it by the hair to buy a house is truly a great example of how crypto can change lives. the op didn’t hesitated when he needed to and now it pays off for him in a great great way!
just want to chime in here too. the goal does not have to be something crazy like a house. i've bought in and sold a few different times... the first time i paid off all my debts besides student loans (do this before buying anything), the second time was for a car, and now i'm almost back at the amount where i can pay off that student loan. once i'm totally debt free then i can seriously start buying in and not worrying so much about it. interest on loans will kill your gains, especially if you have bad credit like i did. pay that shit off first.
i need more time before taxes are not a huge consideration to such a plan heh
he had a goal and he achieved it. good on him.
he found his moon .
everyone's moon is different. happy for you op!
i like that analogy. plan is already in motion as well.
exactly right. i saw a lot of people sell after the 2018 crash, they basically locked in their losses. i did not want to do that and just figured, "fuck it, lets see what happens" and it paid off. there is no genius in that, no skill, it was just waiting, really.
you realize it’s both, right? if op had waited another 6 months (more time in the market) all of the gains could have conceivably been wiped out.
uh, exactly the opposite.
hell yea i sold a week ago...i almost didn’t sell but i have so much credit card debt and i was up. glad i didn’t wait it’s been a roller coaster lately. i’ll dca back in once my debts are paid i full !
cheers, mate. that's exactly it. no one knows what happens next and i'm happy with what i got out of it. i'll continue to stay in crypto and continue to invest on the next cycle.
people always complain about the coins that went up after they sold, but no one ever talks about the coin that nose dived.
> from . yeah. i remember that. shit was brutal, and i remember seeing all the posts of 'hodl' it is just another dip etc. to be clear, i do not think we're at the point. i truly do believe we still may have some room to climb (how far, who knows?), but i had to stick to the plan, i just had to, i'd kick myself for getting greedy and missing out on a personal goal. having my house paid off and done in a few years of owning it feels great. some people are having a go saying it was a dumb move, etc, sure, maybe i could have made more on this cycle, but i do not plan to leave crypto forever (i still hold a very small amount and know what to do next), but for now, i'm done, and it is ok. anyway, your post will be very sobering for many, but that is not my intention here, i'm just sharing what i guess is my own story and hoping some others can learn from it. i'll still be here in the dailies cheering with y'all.
except one thing is different now, we now know there is always fresh money and the market can reach new ath. at some point after 2018 this was not certain. now it is a matter of patience and time to achieve one's goals, not hope and prayers.
yeah, that is it. i actually was very much of that mindset, held thought many dips and kept buying, but eventually it got to a point where this was enough to change my life and also ticked off a personal goal, so i just did it. moving the goalposts started to happen and it was just being greedy. it may 10x from here, if it does, great, i'll be thrilled for all the people here who make it, honestly.
i got you pic for mobile users
cheers. not justifying, just charing some lessons from my time in crypto.
paid his mortgage off in full. if you like the place, that’s always a sound investment.
not op but our rate is 2% and if we paid it back over 25 years that’s 100k just in interest. usually you’re better putting it into the [stock market] with rates as low as they are right now, but not everyone has the same goals. you can bet your bottom dollar i’ll pay ours when i can, because i want to do other things in life that don’t depend on me having a full time job. i’m miserable at work, and work is the only way i can afford to keep paying the mortgage, so for me it makes sense to pay it off as soon as i can.
always pay off your mortgage if you can do so comfortably. interest rates are low at the moment but when they start to climb they get really high and people lose their homes . i saw the last time it happened ( in the 80s ) and so many lost their homes because interest rates got to 15% !!! currently they are under 2%. you have to face the possibility that rates will not stay the same . good luck
mine is 7%(not usd though, but brl) and i do not think it is worth it to liquidate well performing assets to speed up the payments
not necessarily about interest but cash flow. i don’t know how much your mortgage payment is but imagine having an extra 2k. five figures per year to save for retirement, take a vacation, go to those concerts you previously couldn’t afford. even a 0% mortgage still benefits from repayment if your cash flow will improve your life.
your rates can change though, cannot they? i wonder what a market crash might do to them. i've had two cousins even younger than me (i'm 27) buy houses in the last year. i cannot help but think, "gee, everything seems extremely saturated right now. i heard that is what 2007 was like."
there was a part of me that looked at the recovery and thought, "keep holding, you'll make more." i weighed up a lot of options. in the end i knew that i could live with myself for sticking with a plan and missing out on gains, because next time the plan will be different, but if i did not stick to the plan and got greedy and it backfired i'd be pissed. anyway, i'm sure the market will soar, and if it does, great. i hope you all can make some money and reach your goals, i really do. i still have some crypto, so i can continue to cheer that on as well.
i mean you do you, but where will this end? will people turn down the chance to be millionaires just to hodl?
completely unsolicited opinion from a dude who has no idea what he’s talking about, but you should pay off that mortgage and then continue to dca buy with each paycheck. living rent-free is borderline life changing, and you’ll be most of the way to financial independence already.
yep, held a small amount of a couple of coins. plan to come back in a couple of years or whenever the next bear market is. who knows, maybe "this time it is different" and there is no bear market!
how long have you been in crypto? i hope you get there.
for now. what if all the analysis and people calling for ? it could age like milk in a few months. i have no idea.
it was not easy. greed nearly got the better of me, and most likely many will say i made a mistake as eth hits , . that's life, though. i guess i'm just tired as well from watching, waiting, hoping. anyway: ![gif](giphykj1f5itl4oo7udownsized)
or after the first dip before the fall... nobody knows...
nah, i'm pretty sure i sold early, but enough's enough. i'm not completely out anyway, i still hold a couple of things.
just got lucky that my goal lined up with a recent top. it could still turn, who knows short-medium term what will happen. no one predicted this (except maybe the guys doing those wyckoff pattern videos)? i did have a bunch of people have a go at me and say “remindme! 1week” etc, something tells me they won’t say anything now, but it’s not like any skill was involved here, i just got lucky with the timing.
that's the plan. sure, i might not have enough to own a validator node again, but that is ok.
yep, not going away from crypto. this is not one of those posts. just wanted to share some lessons learned along the way and perhaps someone else can take the 'stick to your' plan story and make use of it like i could have when i was trying to decide what to do because of greed.
don't stress on that. you made the choice based on the information you had at the time and the risk you were acceptable with. we all could have done things differently and hindsight is 20. i had enough for 2 validator nodes last year but only bought for one. i also had enough for more btc but had other financial burdens at the time and issues going on.
relieved. part of it is the relief of just not having to watch charts with something at stake. now i can just watch and cheer.
good on you for getting in and understanding your own goals and limits. i never wanted to become a millionaire from this either (nor did i expect to), i just wanted to own my home and have some financial freedom. i learned a lot along the way. best of luck to you.
i would not, but i'll be cheering on for you guys. i still hold a little and still intend to invest over the coming years. it's hard to completely move away from crypto once you're in it so long, but for now i can take a little breather.
i considered this, among other options, but in the end wanted to have the home finished and done. that said, i still have some crypto and part of it is in defi, but it is a lot smaller than what i sold.
i'm guessing he did not do it because stablecoins are still relatively risky and was not willing to take the risk.
depends where in the world too - in the uk where i am mortgages are cheap money, so i wouldn't dream of doing this, but other countries the interest can be 10-20% depending on the ltv - i'd suspect the stable coin yield that high cannot be sustainable long term, and as i understand it even stable coins are not entirely immune to the wild swings of the bear. i've only been in the space about 6 months and with relatively small bags, so i'm still trying to define my goal. i think it is likely to involve some stable coin staking to increase my income and allow me to work less and spend more time with my kids. the kids themselves have wallets full of nano and ban waiting for them when they are old enough to understand it - could be worth a lot, could be worth nothing - but it is theirs.
once the next bear market hits, the yields on stables will go close to zero as no one needs to borrow them
it definitely can keep going up. the only indicator saying we're done is the 'btc pi chart' (if you're not familiar, look it up), but that was only recently created. sma200, stock-to-flow, all point to it still being a little way off the top. but for me, i'm done. it's not easy, i've held a long time. actually, holding while i was far away from the goal was far easier, as the goal neared it became more and more stressful in a way as well. i suppose part of me just wanted to be done with it for a while. i can start the next cycle later, and i still hold a couple of things.
thanks. everyone here has been super positive about it, actually. i expected a lot more, "you idiot, the top is still way off," and sure, it probably is, but i'm done, i'm out.
i sold basically 95% of my crypto. i am effectively out of the rest of this run. any gains now are minuscule compared to what could be achieved if i held and the market keeps pumping. in future, sure, i'll be back, but for this one, i'm done.
very true. and i'm not here to say "it is over, get out!" on the contrary, it will probably keep booming for a few more months now that i'm out, lol.
yep. at one point i was prepared to hodl till the next cycle. that's why i bought the validator node worth of eth in the first place (+ others) but once the target grew nearer and nearer i knew that i better just stick to it now and then come back later in the bear market or whenever i got another chance. sure, i may not make as much long term, but at least this one thing is done.
you are beeing downvoted but you are right
mathematically you are not wrong, but do not underestimate the psychological benefit that many people derive from having a paid off house. i do not know that i would have used the cash the way op did, but i completely understand it.
a paid off mortgage is a paid of mortgage. i think people are silly for using the whole low interest argument. no one knows what a coin will be worth by the next bull run. a lot of people do not care about being rich, they just want to be free.
there's a bigger element you're missing. if you are mortgage free, you now have a large (in most cases largest) expenditure removed from your life. that leaves the largest percentage of your income completely unshackled. if you spend 30% of your fiat income on your mortgage and that is suddenly gone, you now have 30% less worry about paying bills or weathering an emergency. it also allows for larger future investments. your calculator is correct but your heart is wrong. free yourself from debt before you go into accumulation mode. much less stress. edit: i probably came off as a jerk but not my intent. i'm just a lot less risk averse and i feel like my tolerance for risk would be way higher if i did not have to worry about making my monthlies. cheers mate!
nah, i mined since 2013 and used to sell. ltcrabbit, nicehash. trading on cryptsy. all of these went under. believe me, i was in from 2013.
it could be due, it might not be. i just could not tell any more. when i was under my goal it did not matter because i figured that if it does not reach my goal this cycle, i will next cycle. when it became apparent that this cycle would be the one, i made the choice to stick to the goal.
i hope you reach your goals, mate.
yes. i will, and i still hold some crypto (a small amount)
yeah, i know what you mean. if i did not have any financial goals, i'd be right there and still holding. hell, i held for quite a while and there were many dips along the way here. when eth hit . but in the end i decided this is enough for me.
i still hold a little crypto. i did cash out in steps. i sold all my alts first, then eth and btc. i would've like to have held onto more after selling, but that is kinda the point, if everything crashes and burns i'll kick myself for not sticking to the plan. so, i stuck to the plan.
cheers. yes, learned a lot along the way about my own emotions and outlook and of course changed a lot. it's hard to take out such a big chunk knowing that the market may possibly keep moving up (all signs point to this being the case), but the plan in 2018 was to get to this point and so i have to stick with it and live with that.
thanks, i tried. glad this post seems to be useful or interesting to people.
no problem. good luck on your journey!
no worries. some of us will sell early and miss the top, sure, and hell, if i was still off my goal i would've just kept holding till the next cycle, but it came up fast and i was fortunate to get it this time. if it keeps going up from here, that is life and i'll be happy for the rest of the members here to make some money and realise their goals!
glad you were able to take some profits as well, and even sooner.
thanks, dunno if it is that great, it is a story and maybe it will give some people another perspective, or maybe they will just laugh at me in a few weeks when eth , who knows, i just wanted to share.
lol, probably. "he sold, pamp it" if that happens, great, i'll be happy for you guys who also sell and reach whatever your goals were (lambos and what have you)
by then, i'll be back in. no worries. sure, i might not be able to own as much btc as i had (well, lets see what the bear market crash will be like), but i will be back in it by then.
long term plan was to wait till banks just accepted crypto for payment or as collateral (and in my mind, that is still a plan and goal). now i can just do that without having to worry about monthly repayments and i can use my fiat elsewhere + purchase investment property with the equity - something i could not do before because banks do not yet recognize crypto as equity where i am.
i'm glad there is something useful. this was partially written as a way to also give myself some closure and basically announce it to the community (only my parents know, other friends and family do not). that said, i did hope others could take something from it. i remember reading a few posts like this back in 2017.
nope. kept them. this is an alt account. i have a more active account on this sub which is where my moons are safe :)
same, since i am close in nervous af right now tho.
i think you also made the right call, but i suppose others would not look at us this way, and maybe in their eyes they are right. we all have different goals, different situations. congrats on paying off your loans!
man, i shoulda just posted your first sentence. succinct. thanks.
especially with inflation rising.
even if he has 3% interest on his house... we have no idea how much this guys house cost. maybe its a 1 million dollar house (not uncommon in cali or richie areas). paying it off now means hes saving what -? sure interest is low but thats . debt free is becoming a thing of the past. while i agree low interest rates make sense to keep a loan on a vehicle.
i explored it, decided to sell.
correct. i have no clue, for all i know, it will probably keep on rising. eth will hit . it can happen. i had to consider that when selling, and that was hard. i was tempted to be greedy and keep waiting for that. all indicators show that might be the case, but i sold because i decided to stick to the plan and be happy with what i have.
i'm sure eth will do well, i'm also sure i'll get back in at some point. maybe i would not be able to buy the same amount i had, sure, but i'll get something at some point, no stress.
you're correct, and there is no guarantee that each time the market will bounce back. if there was everyone would buy the bear and then there wouldn't be a bear for long haha
i don’t think crypto will go anywhere at all. it’s really what coins. many will fizzle and thisappear over time and top dogs can fall.
i hope you reach yours as well. ![gif](giphyoe6fe4gzf78nm)
i do not want to be a dick but all the greedy hodlers from the past are milionaires rn.
good thing i do not get any moons for it being a 'self post' and all. still, if someone else finds this useful or gets some inspiration from it, that is great.
i'm not going anywhere. bought a membership, will continue to shitpost with y'all and painfully watch the rise!
glad to hear it, and since you're near, just remember - do not get greedy. that feeling of the moon being right there and thisappearing for a moment is a killer!
i still have crypto (of course a smaller amount than what i sold). and i will continue to invest, but not now, whenever the next bear cycle is. unless, "this time it is different?"
yes, i think so. i mined a lot of ltc back in 2013. i lost it on a dodgy exchange and on a dodgy mining pool.
correct. to be clear, i sold out in phases with the last part recently.
yep, i sold in batches.
i had the same problem. i remember looking at mt gox and just being like, "nah, i'm not sending you guys my passport" when it was at that step in the form or whatever.
in phases. i sold off projects at different points with the last big sale recently. fortunately, the exchange i use has built in spreadsheets exports for taxes and i have been keeping track of all my buys for the last few years.
no doubt, it is going to happen. i'll be laughing and crying at the same time when it does. ![gif](giphytiaas82zh2ajbyiaj0)
i did, edited my post. still hodl a little more than that, actually.
well, yes, of course. i'm still here and still have some crypto!
it's ok now. but do some reading, they thisappeared with people funds a while back. i did not have much on there, but it definitely deterred me at the time.
i think you misunderstood op's statement - he meant that the this cycle of the bull market likely has a few months left, not the overall crypto market. of course it is not all going to vanish, but based on past trends a slowdown're experiencing now.
remind me 1 year
some on uniswap, rest on exchange.
what happened 3 days ago?
i sold in phases, so i kinda did this, but it was always with the goal in mind of having enough to cover paying off the house + taxes. i still also have some crypto in play, so that is ok, but it is minor compared to what i sold.
the vast majority of it, lets put it that way. and property prices where i live are median .
never all in, never all out. crypto should be a small part of your portfolio, but it’s worth it to be in.
that's all that matters $$$
maybe i should have worded it better. an example is eth. i got a lot more out of playing with the eth 2.0 staking testnet (and rocketpool) than talking to people who were somewhat into crypto and were skeptical naysayers. it did not matter to me what they said after i tried staking myself and saw the potential.
sound advice. and congratulations! future investing will feel so much better now that you’ve secured your house.
i sold in phases. alts first (in batches), then eth and btc. i still have some crypto, but very small compared to what was there.
except crypto is becoming mainstream now. you can buy it through paypal and soon there will be etfs and mutual funds for btc. big banks are buying it up. in 2018 there was legitimate fear that there would not be acceptance of btc. now its accepted everywhere.
you are pathetic and utterly clueless, lemme guess you have a shitcoin to shill that is the "next big thing"
> nft's are the new amazon imagine actually believing this...
you realise it is possible to have multiple reddit accounts and that this is an alt, right?
lol. there was no thiscouragement from buying crypto to other users in this post.
i did buy a little during this current bull, but most was thanks to eth last year and putting a sizeable chunk into that (enough for a validator node, so, you get the idea). who knows where this run ends up, i will rejoin the crypto world again at some point (and still hold a little), but i do not expect to buy back in 'cheap', in all likelihood i'll never own as much eth, btc and others as i did now, but that is ok.
>truthfully, i will never completely move away from crypto. of course. it's in the post
a month ago i transferred a large amount of eth into btc, when eth hit 2100. thought a dip was coming, and btc seemed poised for a rally. needless to say it has been a sad month... i'd been holding that eth strong for years lmao. still good gains. edit: changed be to been
great story, man. i'm happy you reached your goal - and stuck to it. well done.
hindsight is 2020. as long as you made your goals that’s what matters
you’re going to have one hell of a rumspringa!!
if im a holder of eth now, will it transfer to eth 2.0 when it comes out in july?
planning to get some more cash to buy back in for the next winter? congrats on your sell. you made the right call. sentiment is not good atm, things ate shaky with shit coins popping off all over the place. even if it goes up, with the info you had, it is was the smart play.
thanks for your sacrifice :)
thanks buddy and congrats on reaching your goal
> "coulda shoulda woulda." is not equal with "sticking to your goals." you did what you planned to do. accept it with pride. do not look back because that was not your plan. you did not miss a play. you made your play and succeeded. you bought a house. great job.
op is a hero. that said, i ain’t selling til the cows come home
i did the same thing you did, no real regrets. i would have hated myself for years if we went into another 3-7 years bear market and i had to carry my bags the whole time.
realized profit > woulda coulda shoulda. smart move homie enjoy paying off that loan
i mean there’s truth to that right? there’s a lot of good coins out there that arent moving much because everyone’s in it for moonshots and hodling till the end.
it should be difficult to be salty looking back on negating the stress attached to the biggest purchase of most people’s lives
nah man. ima sell 2
when it goes up we will all be ready to write long winded diary posts out of altruistic nature and let you know about it. for the moons and the dopamine, keyboard warrior!!!
yes it could pump to 100k right now. or maybe the bull run ends tomorrow and we go into a bear run where most coins lose 70% of their value for three years. you did the right thing. you sold when it was a life changing amount.
your sacrifice is most appreciated.
i thought paying off the mortgage is most irrelevant thing that can ever happen? loans always get easier to repay over time, why such a hurry? unless you are preparing to lose your income source soon i'm also selling some coins, but not in any attempt to reduce my debt, i use cash to build another house
thank you for your sacrifice, but i'm still holding so i expect no momentum until i dump it.
you should have shorted with your house as collateral so that the universe would stop :d enjoy your roof
how mad if it does another 10x here before bear market
appreciate you more than you know 🙏 good luck in the future my friend!
your sacrifice is deeply appreciated. \- reddit committee on holding assets for a lifetime... no matter what.
you paid of your house by selling. how could that ever be a bad decision? as someone who just recently joined the crypto train, all i can say is that i am jelly of you for being an early adopter and reaching your financial goal with it.
thank you for your sacrifice to the cryptogods.
i appreciate your sacrifice
why do you not pay off 80% of the mortgage now and hold some still? seems riskier to sell it all than to owe 20% of your mortgage.
i know it is a meme coin, but i bought a shit load of doge and held until april 14th where i sold a pretty decent gain, just to lose out on the pump to 40 cents. could have made 9x the amount had i held a measly two days.
just shorted everything you sold
well then you know how this will end. because every cycle is the same. i'm holding for my mortgage too. need to be up 240k i'm 25% there. see you in 2022
are you selling forever though? i understand hitting your goal but at this point i cannot imagine taking everything out of crypto even if i wanted to realize some gains
lost gains, there is no such thing. you've reached your goal and won. you've won! that's all that matters.
don't worry op, i still have holdings which means qn uber crash is gonna happen in 3...2...
i love how stoic you’re able to be about this. i remember buying lsd with bitcoin in 2016 and hate myself for it sometimes, let alone being in in 2013 and knowing what could’ve been dosent bother you. respect.
this is how you use reverse psychology by literally stating the inevitable downfall of an asset class on a perma bull sub! and still get people ok your side. here a snek
as a wise man once said, "coulda shoulda woulda".
that's quite a story. you sold your crypto. sell your story ( to a movie outfit ), even if it is not included in your goal. cheers.
being debt-free allows you to invest in other ways and with less stress. good on you, glad this has all worked out for you.
don't be a "coudla shoulda woulda" ... be a do-er
seriously, if i had a nickel every time i’ve wasted my time reading this same post. you’re not special, and the market doesn’t revolve around your decisions.
don't take it personally, but i predict you will look back at this post self-loathing in 5-6 years.
seriously... ada had confused me the past week. i've been slowly peeling off my ada and it keeps going and going. which is good. but my plan was to grab more after i thought it was near its peak again. that's my problem do not plan. glad i still have a chunk. pokes other alts with a stick
dude seriously... all those small alts you can throw a rent payment on one every month, then water em and see which one pops million dollar sprouts after the next crypto winter. kinda what i’m doing with my small cash, larger investments are longer term and playing around with the meme coins and little guys to see what happens. edit: i also saw bitcoin at a dollar, i was trying to figure out how to put 10k on it because i had a gut feeling lol... couldn’t find anyone to send me in the right direction, all of my friends and acquaintances with any financial knowledge told me how stupid it was, and i got tired of pissing up a rope. i never bought the one dollar bitcoin. would be a lot if i’d held even a percent of it. always follow your own rules with your own money i guess is the moral of both our stories. good job on your gains and goals reached, enjoy the extra cash and peace of mind having your home paid off.
wait, amish? dont you have to build your own house?
long term capital gains savings are legit!!
this. not many can say that
but did you buy more? or just sit on your initial coins you held? that is the real question.
waiting is a skill
if you had short-term debt this was 100% the correct move. i got debt-free last year and got into crypto in august. threw everything i could at it - cashed out a year's worth of rent, and letting the rest ride in hopes of paying for a home in cash.
congrats for getting rid of loans
i did the same thing on the last spike, paid off all my credit card debt with doge. i'm still holding a bunch as well as btc, eth and some smaller ones, but even if they all crap out i'm still ahead at this point. :)
congrats, i recently sold all my eth since 2017 towards buying a house... don't regret it. with the way house prices are increasing it wouldn't be worth waiting anyway.
is that lance stroll?
the way i'm looking at it, you can always buy back in, which is better than losing out. if that makes sense
yeah, there is always opportunities. i've bought in and sold out of crypto a few times in the last 4 years. i've had regrets both buying and selling and it can sting, but it does not last too long, and there is some other new opportunity to focus my attention on.
there really is nothing wrong with "moving goalposts", depending on what your initial investments are, and what you can afford to lose. are you investing, or gambling? glad to hear of your great success story! you usually only hear of the positive stories from investors, but at least in the crypto world people share their losses too. there is never too much hate in the crypto community when it comes to people's gains, but there is backlash when you come off as a non-believer in something. i have almost the same timeline as you do, but i wish i could say i had the same amount of gains. my biggest would have been in doge. i mined several million in 2014, which i converted to btc, and sold in 2017. some profit, but nothing like i would have made if i had those doge today! in this case, i would gladly take the humble hodl advice but i would have also sold (again) during this current rise if i still had them, where years from now i would probably be posting this same message ;) haha
_looks at my piece of shit house_ meh
are you me? i’m in a similar work hole and the mortgage is the main thing keeping me there. if there’s a slim hope a long term crypto investment can speed up the repayments and bring retirement closer then it’s worth a bit of money every month.
if you put money in the market you’ll be able to pay off the monthly payment and have more profit leftover though, that’s the point of the stock market thing. the 100k in interest would likely be way more in profits. or are you just saying you don’t want to screw with the chance of a depression? i’d lump that in with risk tolerance.
someone's mortgage rate would not change unless they have an arm loan. it would be dumb for me to pay off my mortgage with such a low interest rate.
okay this makes more sense. my mortgage is less than 1.2k. it’s literally cheaper to buy then to rent in my state. just curious at 2k-4k, i’m scared to even think about the rental market.
no. rates cannot change. they’re called fixed rates for a reason. in fact the rates are currently at historical lows. your cousins were smart. the rates can triple next year and everyone that bought this year won’t be affected. what everyone keeps forgetting or just don’t know back in the 90’s rates were super high. like 14% at the height i believe. so many people did what’s called an arm or a variable rate to pay a lower rate. the arm locks you in for 5-7 years and balloons up. why would anyone want this? because they assume they can just keep refinancing over and over. things have drastically changed since the housing crash. getting loans are a lot harder than before and fixed rates are way way more popular then variable rate loans. the only people i personally know that get a variable rate loan are those who plan to immediately sell-3 years. everyone else opts for the 30 year loan. with that said however this is only in the us. reading some other comments it seems uk, eu, and possible canada may have things differently. regarding your market crash question, it depends on how over leveraged they are with their mortgage payments. personally my mortgage is only 1. and i’ve done the math where even if i have to pick up a wage job i can pay the mortgage. some people have it 1. if the market crashes and they lose their jobs then it’ll be tough to make up the difference, but not impossible. what happened in 07 made it impossible for people to pay as the mortgage ballooned up all while their houses depreciated in value due to the fire sale of homes. it was a perfect storm situation where many regulations have been put into place to prevent such an event from happening again.
that’s what a lot of people did in 2017 lol
with eth, you can hold an appreciating asset that pays a return through staking. soon, that return is what you can sell, no need to ever sell the principal.
no🧐we’re hodling because selling now would be turning down the chance to become millionaires
imo paying off a mortgage is only life changing to either an old person or someone with an extremely low risk tolerance. most people in crypto do not have a low risk tolerance. i'm in a similar position and cannot imagine selling my stack that could make me a millionaire in the future to pay off a mortgage with dirt cheap interest. heck i'd rather borrow more to invest at these stupidly low interest rates.
lmao. maybe? but i'm of the opinion there will be. i think we'll see at least a couple more bull. i think this bull run will last at least until august? i'm glad to hear you held on to some coins though! i bought back in lower with some profits i made and now i hodl what i call my "retirement bags" either 1million dollars or zero only time will tell lol. it's kind of easy to hodl when you're playing with house money.
i do not think it will be the same. one or two instances does not establish a pattern. awareness and interest in crypto has come a lot further, more people see it as a sound investment. you have huge companies investing billions into it. who knows what the future holds though and i applaud you for getting out. greed gets us all and i wonder if it will get me. i started learning about crypto in feb and i've put a small amount of money in. i've had 5x gains but because my initial investment was small, i do not see the point in taking it out yet. but who knows, it could drop to my buy-in price in the space of a week.
i’ve been full on since february already doubled my money and some, but still have a long way to go.
oh it will go back up. i just meant right now it was a good thing he sold if he was about to any way. crypto is on sale now, not fire.
no. i think you're wise. i'm out too, and i wish i'd done it at 4300. the chart looks exactly like btc did right before the crash in 2018 right now, and people are mooning shitcoins like no tomorrow.
congrats bud! hope to be joining you in the mortgage free life by the end of next cycle!
yep it is luck, but you did just have lucky timing and the goal of when to take money out. a lot of people see it go up and just want more and more.
how does it feel to have paid off your mortgage? wont you have spare cash laying around?
thank you again; learned a lot from your post. it appears some of us are not trying to millionaires but just have enough to get to where we want to go. good luck & great wisdom in all your investments. have a great weekend.
i hope you are taking taxes into consideration here... the capital gains taxes you will owe are not insignificant, especially since this income is going to put you in the highest tax bracket for 2021 taxes. this is why you probably would have been better off just letting defi interest pay your mortgage. i have a similar story, i bought btc in 2013, then in 2018 sold about 1& btc. i now have 3x more than enough to pay off my house entirely, but the tax implications of doing so, coupled with the fact that defi will almost certainly always be a better interest win in the long run then my incredibly low mortgage interest rate, mean its just better to ride the wave imo.
i've heard this for years (especially usdt) and in years while ally other coins went to the floor, usdt stood still. can someone pls explain what is so bad about usdt?
mortgage rates are so low in the uk i’m having a hard time not skipping the overpayments and throwing it into a stable coin on celsius instead. the only real challenge is the unregulated nature of crypto, that’s a big chunk of future cash that could thisappear in an instant.
i gotcha, but symbolic financial pacifiers aren’t a great investment strategy. better to try to be objective on what is generating yield and what isn’t. speaking as someone who’s been on this rollercoaster since early 2016… you just gotta harden your soul.
so sell & put proceeds in an index fund. source: nearly every personal finance book
agreed, it’s only a small perk & reason why mortgages are widely labeled “good debt” my advice, for anyone looking for yield, minimizing volatility, & balancing risk, with a pile of fiat rn…. convert to stablecoin & deposit on celsius, blockfi, nexo, etc (celsius pays 10% on usdc or usdt, apy that should definitely offset a mortgage’s interest)
looks like we did everything right. thumbs up bro
yea it’s a waste of capital to pay off a home loan. the bigger the loan, the bigger the waste of capital. you could even stick it in a dividend fund and earn a higher percent than the loan, use the interest for the loan payments and pocket the difference. it would feel great to not owe anyone money though that’s for sure
i didn’t suggest you keep your crypto, merely suggested you explore the option of not using your gains to pay off your house. ideally with a professional. if the proceeds are so significant you could pay off a mortgage, the likelihood that you’re going to end up better off not re-investing that money somewhere else is extremely low. your mortgage payment gets relatively cheaper and cheaper every month while the price of most investments, which are out-pacing inflation, are getting relatively more expensive each month. it doesn’t make fiscal sense to use capital this way—it literally destroys wealth. but, if the psychological impact is that important to you, then by all means do it. i just don’t think you’re gonna find anyone who knows what they’re talking about that agrees. someone else said, yeah, but op is freeing up money every month to re-invest. that rationale is the worst one of all—if it was about freeing up capital to re-invest you’d do it with this capital today—not re-accumulate it over the course of many months or years. for whatever it’s worth, i already know people in your situation and none of them are paying off their homes with their proceeds. they’re immediately re-investing it in a conservative and diversified mix of vehicles. in another 7-8 years, they will have already doubled that money—their mortgage payment is gonna be the same though.
wrong choice, enjoy the inflation tsunami coming in, you are changing your crypto for a shitcoin that supply was increased byt 25% last year alone, surely uve learn something about tokenomics
i understand that you admit not knowing how far we are in the cycle. i'm saying that your post really does not say anything, every "lesson" you mention is just hindsight. i'm sorry if i sound condescending but i see many posts here similar to this that offer no real systematic advice that i can apply. you basically made a nice sum of money that you are happy with and do not wish to take further risk which is fine, you know your risk tolerance and you're happy to exit now.
nah dude in all seriousness i think you’ll be looking back on this as a real good decision in about a week , did you take any profits at ath area ?
so you are saying there will no longer be pumps and bear markets? i do not agree with that. there will always be a bear market. heck, what's more mainstream than the s&p? even that goes through a bear market once and a while. if you believe in a project most of your buying should take place during a bear market was my point.
i'm not a crypto guy do not believe in it much but trying to learn more. bought btc in 2013 you were probably wondering if you had dick or big clit. did i shill anything or do you just fantasize about what i do? i'm tall, ivy leaguer, and have a decent dick if you want to take it further would fuck your girl (or mom) in exchange for whatever crypto you wanted to trick. btc is a cult of bullshit so many lofty promises of changing the world and basically just got a few dipshit tech bros rich. nothing panned out except for price appreciation and it took global pandemic for that where everything went apeshit. btc not a store of value (it dropped 15 pct last night on a single tweet from a car company ceo semi con man), sucks for transactions, high fees, old tech, bad for environment, 2 pct controls 96 pct of coins. what are we talking about here cuz? you are weak minded and looking for something to believe in when there is nothing there. watch it go down.
tell the blockchain it was an honest mistake
quick question, how did you learn all this crypto stuff, did you dive in head first?
i sold some eth at 4100 and bought btc at 55... i'm still happy about that move.
i had the same, was holding eth for a while, but when eth was just moving sideways for weeks, i sold and bought some good altcoins and then eth finally starts to move like a week after i sold...
i converted and bought back into eth a few times this year, i have some staking , but boy i could have had more.
you sold eth in alt season? wat in fuck the am i reading in these posts holy shit people does anyone ever look at cycles and btc dominance or total market caps watindafac
ha! i sold at 2700 thinking i would buy back in on the next dip. stupid thing went to 4k
i did the opposite, my intuition is telling me btc has its run. there is going to be more attacks like musk to come and btc will be scapegoated. there’s a play for these centralized coins now
i feel this so much. end of march i moved all of my 45 eth into btc. been waiting to buy back in on the dip ever since...
you'd hold for years? even tho you just sold? doubt
far too relatable... edit: add matic to that list
~~i would rebuy~~ not financial advice. eip-1559 is going to send eth over 25k this year. listen to the engineers turned billionaires. not the maxis. not the tradfi investors. the engineers have been calling for 25k to as high as 150k eth within 18 months. so theres your alpha. do with it what you will, but i am 80% eth right now.
in my experience, managing personal psychology is just as important as any other aspect of investing... next time maybe rotate 75% instead of 100%. that way you can win coming and going.
same. eth was like 2900 and was not breaking through. i felt i was being greedy and swapped for btc... btc then fell to 48k and eth to 4000+. always the way 😂
i'm tempted to go the other way (btc->eth) but possible the surge in eth is past.
damn dude that sucks. i did the opposite at the begining of this last dip i traded btc for eth. i havent made anything but i have not lost much either haha.
i did the same bro. i was like “eh, i have eth and no btc. imma diversify into both a bit.” so i took . that eth is now worth . btc hasn’t changed much.
odd that i just heard that word last night for the first time. were you watching longmire too?
do some google hunting but the tl:dr is yes. others can please chime in for more details. there’s a reason so many people are now hit for staking their eth beyond the staking %’s.
eth 2.0 is not coming in july.
![gif](giphywvukhnsrppbjioa4cq) enjoy owning your home
it depends. yes, paying off mortgage early is usually a little bit more costly than sticking to the original time schedule. but its a massive improvement on life quality if you know that that house you live in is yours and not that of a random bank that might sell your house as soon as you can not afford your bills anymore.
lol, it might, hell, it probably will since i'm out. that's ok. i still hodl some crypto, so there is something still to cheer for. i can be that guy that sold too early (although, i just read a reply from another dude who also paid off a bunch of loans, fair play). it is what it is. i'm not going to sugar coat it and lie that it would not be tough, but i have some skin still in the game and will continue to invest on the next cycle.
yes. the target was with taxes in mind. i'm not in the us, so not coinbase. it was actually quite nerve wracking doing the fiat withdrawal. i found that more stressful than the crypto transfers from my ledger to the exchange etc. honestly, a reputable exchange, once you're verified, should not be an issue. these guys deal with a lot of fiat in and out. i had some delay only because they tried to call me to verify the withdrawal (they do that when it is a larger sum - and i'm happy for that), but they were super pleasant and 5 mins later it was transferred and in my account.
the most important lesson that i have learned is don’t listen to anybody’s advice about crypto. don’t talk to your friends, family or any “expert”. people literally don’t have a clue about it and they will just talk you down, tell you it’s stupid etc. my most valuable crypto financial advice has stemmed from my research through reddit and all the great people here.
yup. exactly what i've done with aerdrop and cumrocket. bit of a gamble, but they seem like they have good ideas. early investing nets you big gains if you can figure out which ones are not straight up scam coins.
ha same here, was trying to buy . got sketched out (rightly in the end) about the website. so i yoloed that .
i've never seen a spinning moon before!
i would use my former mortgage payments to buy more coins each month if it were me
i have a similar story re timing. i work in it and had followed btc since 2010. got scared by mt gox etc. seriouly looked into mining btc in 2014, and learned about eth. i built a mining rig and started my journey in 2017. including parts and buying cyrpto i had close to . i saw this rise to . i put in . then crash, it all went down. at one point i was down . what an eye opener. i didnt sell, but bought more another . that was a fun time with the missus. all in . i bought xrp 0.17, ada 0.035 and continued mining eth. with the mined eth i converted to ada for staking. once i had made % ( a condition agreed to with the wife who is on board but couldnt tell a btc from a bbq )and now crypto is a free roll for me. this is empowerment and experience that gives you diamond hands. knowing you have nothing to lose, time in market and understanding market cycles. it has forced me to read more and become more financially literate. im very lucky and have learned to take profit along the way and happy wife. op is right, set goals and stick to them. my next is to have to portfolio pay my mortage with 20% sale. remember to pay your taxes and keep some funds liquid to but the dip when the bear market comes. good luck to all.
yep, where i am, prices are insane. median is .
housing market should stabilize soon. lots of people decided to transition during and after covid. less people were selling. supply and demand with low interest rates. most home mortgages will be underwater soon (probably). that being said, i was going to sell to buy a shit ton of land in the mountains with crypto because that was a goal with my investments. just hasnt worked out and havent found the right place that wouldnt cost . lumber prices are through the damn roof. thought about buying 80 acres of wooded mountain land and turning part of it into a tree farm to subsidize the cost of the build. knowing my luck, everything will crash and you will have a new home and ill be stuck in my condo lol. either way, with the low interest rates its still not a bad move. congrats to you. buying a home, land, or paying off debt is the best use of cashing out. maybe start a business. other than that, all my extra cash gets invested in something. so im not gonna cash out unless i really have to or have a good use for it. like op, ive been around since 2013. i held during 2018 crash. most of my crypto lost 95-99% of its value. fucking sucked. i still dca'd and it paid off in the end. this time im paying close attention and plan to stay in until around the new year, unless things get bad. i dont have time to keep track of all of the ta and signs of a bear, but i do keep track of sentiment of really smart people that do this all day everyday and know a lot more than i do. once i see sentiment of these pros (people that have been through the last 2 cycles, not the bullish youtube idiots) point towards a bear market, then im taking a bunch out and putting the rest in eth and btc. but one things for sure, i believe crypto will change the world and ill keep buying until im old and grey(er).
and he is a windsurfing lance stroll!
also exchanges tend to falter near the peaks, act when it is stable
that is fantastic if you are able to secure a loan at low interest fixed for 25 years. i am not aware of the system in america so not sure what an arm loan is but good luck with it all .
just big cities man. about 10 years ago i walked by a condo tower going up in toronto, around college and young. they were advertising “bachelor units starting at the low ,000s!”. since then, canada has had the highest rate of growth of housing costs in the world. those single-room condos are certainly over a million now.
seems to have worked alright for them so far
truth... having diamond hands it easier if earning 5-8% in staking. cypto is my freedom 55. im 47 and have 8 years to hodl, take profit at my exit points and have liquidity to buy the dips.
how much eth do you need to be able to stake?
you most likely won’t become a millionaire during this market cycle though. and you probably won’t realize all your gains at the peak. so you’re much better off realizing your current gains, paying off your mortgage, and then start dca with your old mortgage payments in preparation for the next bear market. whatever you have invested right now will plummet when this thing corrects. be left with a paid off mortgage instead of a crypto portfolio that’s 10% of what it used to be
spot on. all the best with the retirement bags!
> awareness and interest in crypto has come a lot further, more people see it as a sound investment. i mean, it could be "not like last time" and only drop by 60% as opposed to 90%. i think it does you more good to be flexible rather than being deterministic about a crash coming or not coming.
people view the s&p 500 as a sound investment and it still has big drops and bear markets. it’s not if it will come it’s just when and by how much
usdt stood still because it is designed to stay at 1 u.s. dollar. for each unit of usdt minted the equivalent in u.s. dollars is supposed to be secured and held as collateral. however, the organization behind the minting of usdt and store of usd is shady at best. they have a long history of questionable business practices, and have been under investigation by the new york ag. they used to claim that all usdt was backed 100% by usd, but now that claim has slowly lowered to around a 50% backing if i remember correctly. usdt really is the worst stable coin of all of them, and yet it is the most popular. especially for trading pairs across nearly all exchanges. you should really split up your funds into three stable coins: * usdc - dollar backed and controlled by regulated u.s. institutions. perffered choice of exchanges such as coinbase. * dai - a crypto-collateralized stable coin. ethereum smart contracts are used to lock in the value of outside crypto coins to help maintain the peg of each . this idea works well until we see massive crypto market crashes. when you see a 75% drop of value in the collateral used to support the price of each minted stable coin, it is a little difficult to maintain the . the idea works, but it comes with a small amount of risk of losing it is peg from time to time. * ust - the stable coin of tera luna. it's a non-collateralized stable coin (algorithmic stablecoin). this means it does not need to rely on u.s. dollars or other collateral to maintain the . the supply uses math to expand and contract while burning the underlying asset "luna" to help maintain it is target. this is the most promising option, but still a very new idea.
financially overpaying mortgages right now is not a good return on your money. you can get mortgages down to 1.4% or thereabouts for 5 years. unless you keep cash you can beat that with an index fund. however, your home is security and there can be an enormous feeling of relief and comfort in paying off your mortgage. if people aren’t sure i tell them probably the best thing is to do a bit of both. i like the idea of crypto paying off your mortgage.
yeah, that would also be a good option. good thing about life, is there are a lot of roads to choose. a paid off mortgage is one of them.
i mean, it could all turn and in a few months continue to plow through to , im fully prepared for that. just got lucky to miss this and hit a goal before it happened.
i think you are missing the point. think about the average america... say they make 50k post tax... about . average -1300. if you could have an extra ? nothings guaranteed in the stock market or cyrpto world. like he said in one week he was down 40k. thats almost 4 years of no house payments gone. what if this guy has his forever home and wants to stay there post retirement and wants to retire early at 50 or 60. thats . in a nice bull market i absolutely agree that keeping that in something like a total market fund or in a tax advantage account something like a high dividend fund but the markets unstable right now. just look at both this week. wealth is in the eyes of the beholder. some want to be millionaires some want to be debt free. you just gotta figure out which one you want.
real estate is appreciating faster than inflation.
i did, i got lucky with 3 projects near ath, but i held about 12 different coins, so most sold not at ath but close enough. who knows, next week things might be crazy and eth hits , it is possible, but that is kinda the point here, i was being greedy waiting for that. i genuinely do not believe this cycle is done, there is room, but for me, i hit my goal. i'll invest again next time and have learned a lot more lessons again.
i believe we are in the era of mass adoption of crypto. the biggest gains in crypto in our lifetime will be seen over the next 9 years, till about 2030. yes, there will be volatility and lulls, but i dont forsee a crypto crash nor any longterm bear markets. crypto is available for world investment, not just the united states. its not dependent on the stability of any one economy.
you are derranged, but im pretty sure your family and psychiatrics told you that already. i can smell you moonboys from miles away, you smell like shit, then i go to your profile picture and yeap, what do you know, doge and wallstreetbets lool. another poor moron who is short with a baby dick trying to get rich quick :ddd
i wish you would have told me about this earlier, i'm filing my complaint with the blockchain right now about the mistake i made selling btc in 2014.
on a serious note read read read...it took me two years roughly to "understand" crypto...i also dove in headfirst lol
he repeats nonsense he reads on reddit
i sold ¼ of my eth at 4k and moved to btc at 54k. i think i’ll be happy i did that.
let me know next time you sell something.
short term price movements are good at shaking people out of there positions
i feel this in my bones. was holding a crapload of btt since 2017. sold it at $.0011 a couple months ago... missed out a 5x i held through the worst times because i took the first off-ramp once i hit break-even.
just dont transfer back to eth now, right before big altseason is coming. we are currently going to phase 3 of the cucle, which means large caps will raise, like ada, vet, zil etc. 😉
yeup how it almost always seems to happen... i sold after it started rising to 2k lil above thinking it wouldn’t moon but i rarely sell everything so i’m still hodling bout half
actually, it was just waiting for you.
that is all right...had thousands of ada. got tired of the stagnation and purchased other coins (which are doing nothing) while watching ada go straight up!
it’s so volatile wouldn’t it be better to just hold on to a bit of everything?
actually, i got this particular alt ... it took a dip, almost sold... boom the next day it went parabolic...tunrd me to a millionaire in my local currency...funny thing is, it is a uniswap fork...and its owned by the faculty group
i had 32 eth in september and sold i have 1 now. sometimes i want to throw myself off the nearest bridge. :/
his point is that he reached his goal. shouldn’t the point of investing to be to reach a goal?! i love these posts because people throw money in just to make money but they fail to realize gains because they fuck some aspect of selling up. this person didn’t fuck anything up and made a huge positive change! people invest to “get rich” but what does that mean? how much is rich and what do you do when you get rich and lose it? this person doesn’t have that issue anymore. good job!
that's the most important point imo. but only few ppl. know about the change from alt season to btc season and reverse
bruh it’s been altcoin season for a month. how long do you think it lasts? last cycle it was weeks.
total market cap is full of scamcoins with no volume and a quadrillion tokens.
care to point me to some resources?
its alt season babbyyyy
yup. there i was thinking we were going to hit resistance a little after 2k, see a correction down to ~1700. nope.
never trust your intuition lol
the whales are in control. not tweets
yup hahaha. i remember looking at ...then holding off a bit more. i never would have expected the rocket! it seemed poised for a correction.
typo, i meant to say i had been holding it for years. which i had.
i swear it is like a quantum phenomenon, literally feel like i can guarantee that if i go back to eth, eth will dip 35% and btc will hit an ath.
i think a lot of people only see the short picture and only see quick gains so none of that matters. most do not look at the charts from the beginning to today or take the time to learn about the tech, the progress that is happening and the upgrades that are coming.
even if youre right and the surge is over (which i seriously doubt) eth 2.0 is coming.
![gif](giphyya2o92smq6ila) house reminds me of log
if crypto is not being used then it becomes useless which in turn becomes worthless. i was spending it back in 2015 or 16 and up till last year even though i knew it could be worth more later , but that is a contradiction if we do not use it. i only stopped spending it because now if i buy . which was how i accumulated most of what i have. buy some use some and keep the change. for me i will pay my mortgage monthly and hold for retirement. if you look at the charts from beginning to today the bull run from 2018 in just a tiny bump, and each bull run will jump higher. i do not know how old you are and there are so many factors which can make one persons decisions different so if your happy then it helps you and all of us for making or proving it is usefulness. then your friends and family will see your success and it will bring in more people.
dude seriously my story to a t my friend!!! interesting fun fact, my best friend, also one who told me bitcoin was a waste of money and a passing trend a little over a decade ago, is taking my advice on crypto now 😂😂😂 he’s been doing it longer than i have too. a few years longer. he got in and didn’t say shit and i think it came up in conversation awhile back and he realized that even though i’m fairly fresh in this, i am still employing my normal amount of research into everything i do (a lot of research). he’s humble about things these days and i’ve got a few pools going with him just to make it easier killing more birds because more stones or whatever. but he only follows my lead now. i think it has something to do with the ten other things i’ve told him about since the bitcoin thing that blew the hell up after i looked into it. it’s definitely everyone for themselves out here, but you’re absolutely right if nobody has your back outside of this world, forget they even speak, inside the world of crypto i’ll share everything i know because it helps my projects out, and because this is the only place it’s been acceptable to invest seriously into it without shameful looks of thisgust. it’s just barely now being grasped minimally in the outside world and that’s helping us out too, hurting in some ways, but bringing a lot of cash influx on all fronts. i see this rollercoaster bull ride going a little longer and rougher than before. and as long as we show some humility and humanity to the twelvies, the noobs, the apes and paper hands... just basically keep them aware of the drastic dips and that they need to expect it, it’s better for all of us. they can make loot when it goes back up, as long as it’s not a magic carpet shit coin ride, we get to make our loot more so if they are all as informed as possible. it’s so much like forex it’s crazy, but here, we get to keep our coins if we miss a high sell until next time.
just look at the majority of comments in subs like 'll see exactly what the masses still think of crypto. they truly believe that cryptos are just fun internet memes without any purpose.
seriously i have smart siblings and they can’t not cast skepticism on everything i say. it’s really frustrating honestly because i’ve read so far into this space and am still learning a lot. the only person who has listened to me is my best friend who bought at the same time i did and he’s made over a grand and i’ve made a grand in 3 weeks which is a lot of money for us.
same with safegalaxy with galaxyswap coming this monday. i believe that is going to be very solid
what do you use to buy these coins? i can’t figure out where to trade a lot of the coins that others don’t trade
i grabbed up some btt some telcoin some others too, i’m looking at maybe cleanocean or bonfire or saturna for quick flips at the moment or if they blow up and stay up maybe longer term idk. there are way too many coins that double or 10x overnight at the beginning and many times in a row to not wanna play that part of the game too.
my favorite part of crypto honestly has got to be just finding those little known gems. shitcoins usually, generally can’t even buy where i live, but it’s a fun challenge and i keep my bigger investment asset ratio on bigger more well established crypto. it is a lot of fun tho putting a few hundred bucks in a new basket to see all my eggs all over waiting for them to hatch or not hatch. see what happens ya know!!!?
man i didn’t even get to the website part... at the time i had a computer on loan from the college i was attending, didn’t wanna fuck it up with sketchy sites because i didn’t want it on top of my ridiculously high american “education” bill lol. so i was asking friends to ask friends because i knew of people just not how to directly contact them. i don’t think i even checked if there were legit companies out there because every traditional institution i was already trading forex on did nothing but talk shit about bitcoin in all their newsletters each week. soooo yeaaaa it was dumb. and to be honest, i’d have set myself and my wife and sons up for life if only 500, as i’m sure you think about once in awhile 😂 not that it even needs said. but for whatever reason i sometimes get a bit of an “all or none” mentality with certain things i guess idk... head injuries maybe. but hey tho, we’re here now dude, we’re doing what we want with our own money, with slightly more limitations due to not pulling that trigger back then or digging deeper or something, but so many more resources and opportunities now to just double up every single day if we can grab the right coins. i think of it kinda like forex but a treasure hunt at the same time. so, let’s be glad we’re here, not kill ourselves too badly over our past decisions, make that money and have fun!!!!
well done mate, that’s serious commitment and diamond hands. also great to not get greedy and stick to your goal
technically, you see it every time you see the moon in the sky. it's just that it is rotational period and orbiting period are the same. tidal locking is sorta cool.
bingo. it's a lot less stressful when it is the houses chips you're playing with.
beautiful story. congrats mate! one could only wish.
any recommendations on good people to follow?
ffs looks like r
most loans are all fixed. since 2007, very little homes are bought with a variable rate
wow. i’ve always viewed real estate as an investment asset but i think at those prices i’m unsure if it’s worth it vs moving. literally living in a hotel room may be cheaper.
it depends what they bought. plenty of shitcoins from 2017 that aren’t anywhere near their ath.
you can delegate staking to an exchange, or to a staking pool. no minimum required in that case. if you want to solo-stake, you need 32 eth.
how do you know i would not become a millionaire during this cycle? have you got access to my keys and know how much i have? it's all risk vs reward. if i hold my current stack and in 2 cycles time we're 10x from where we are now, i can have 10 houses instead of 1. it does not matter what happens in-between. time in the market > timing the market. absolutely no guarantee we'll see a 90% crash in btc or eth this cycle.
for sure. we'll still see some dips but instead of freaking we'll just be dcaing and preparing for the next bull run.
i think dai is the best one, the way it works is basically how the fed keeps the usd stable. if crypto crash by 75% it will probably become very interesting to borrow at an all time low increasing the demand for dai. and its not centralized like usdc or tether so theres no risk that the centralized entity screw up. also dai is actually more stable that the usd thats why it can lose its peg but i see it as positive. for example if there is hyper inflation one day on the usd, dai is the only one in your list that can adapt its peg to something more stable.
i can totally understand this but for me the answer has been to live more modestly. i just had to triple-check my math… my mortgage is 6.4% of my income. my mortgage is paid off in a single (long) day shift. obviously that is not going to be the case for most people, but i do think many folks are weighed down with bigger monthly debt than they need to be. last year, my work (outpatient anesthesia) completely dried up instantly for about two months. things would’ve been a lot rougher if i had a big country club house, boat, and three cars like many colleagues.
fair enough, can’t guarantee against a stock market crash either, but this crowd isn’t exactly risk averse.
if they make average wage, i doubt they have a million dollar house...
i think it’s you who is missing the point. the raw amount of the mortgage payment does not factor in to determining whether or not it is *efficient* to pay off a home loan. speculating about the size of the payment is a non-issue as all that matters in determining efficiency is whether or not a fixed sum of money would receive better returns a) as another investment or b) as avoidance of mortgage interest. in almost every case for the last 20 years it has been a better idea not to pay off a house. that’s all. however i do ultimately agree with what you said last—what op *wants* matters. but anyone saying it’s the most *efficient* decision is wrong.
i want a spaceship
that’s actually exactly the point. real estate is appreciating faster than inflation, and the mortgage payment isn’t changing. that means op gets to secure a place to live which is also an appreciating asset, and they get to do it for an interest rate that is out-paced by most investments. that’s the dream—using capital to leverage that debt into an investment which could out-perform that interest rate is how fortunes are made. leveraging debt is an op wealth-building tool and in almost no case for the last 20 years has it made sense to use on-hand capital to pay down a low-interest debt. that’s the dave ramsey model and it’s for the poor.
i see you’ve also sold your moons :(
dude , you absolutely killed the timing !!!!
i sure hope you are right! do you mind sharing your favorite projects? i like, btc, ada, dot, hbar. thanks.
i have two houses, two ivy degrees, great job, and have made my own way financially since i was 16. you have no idea whom the fuck you're talking to and it is better that way because you would probably get nervous and apologize profusely. be smarter next time and until then just know that my money is right and you'll be gaming in mom's basement while i'm in france surfing outside a casino. i'm going to short btc pretty soon will keep you posted as doge moons and btc gets hammered.
give vitalik a ring. hes in reddit. he might donate you some shiba at that.
you know, i’m the creator of btc. i accidentally lost them them all and now you all have them. if y’all could just return them to me that would be much appreciated :) my uncle, who’s a nigerian prince, would also be super thankful
same just when you think you have it all figured out you realize you still don’t know everything
well said, i fall for it too many times so to control myself i trade only 20% of portfolio in short term
not me i use staking glue.
as long as you made profit, there is nothing to regret.
goddamn that is a massive bummer. hopefully there are more chances.
we’ve all been there. hell i had like 60k doge coin for . sold it all at like 5 cents... i could of had 30k right now 🤣
what even means rich nowadays? 10k? 100k? 1000k?
my strategy is to remove around 10-20% every doubling of my coins. realizing profits is good for sanity and to keep your financials healthy, imo.
google altcoin season... it's a market cycle that says after bitcoin has exponential growth, people start investing out into altcoins and those tend to have a growth "season" that echoes the btc trend.
there is a well known and quite reliable altcoin season index - look it up :)
i've been seeing safegalaxy mentioned here and there. does it have a particular use, or is it a tax coin for generating money?
i’ve noticed a lot bsc coins are only on pancakeswap first, if they blow up then bigger platforms but that’s where i’ve seen the majority of new small coins. and most have been binance smartchain from what i’ve noticed too. i’m sure that’s got something to do with scalability and fees and versatility i’d imagine. i might be wrong though.
saturna has been shitting the bed recently, i have it lol. doesn't mean it cannot just pop off though. the others, no idea.
cheers. after getting debt free, it will be a generational wealth goal. downpayment for kids homes, university, helping family. crypto has that power. pick your entry and exits wisely, theres always someone on the other side of the trade.
for the whole 25 years? in the uk (and eu if i’m not mistaken), mortgages are fixed for only a defined period of time, then they become variable if you don’t renew. the longer you fix the higher your interest will be. so when we took our mortgage out the base rate was 1.6%, but we fixed for 5 years so our interest rate was 2%. you generally wouldn’t find a mortgage that fixes more than 5 years, but they do exist. it means when your fixed term is up you can shop around for the best deal at the latest interest rates
my man is holding eth, i think he will be alright.
yep, i got given 0.25 of a bitcoin from a friend in 3027 right near the peak and traded it into other coins (icx, neo, iota, eth, xlm). not one of them is ‘up’ compared to the original btc i traded it for. icx is still down -52% from when i traded it in usd terms -91%, eth is my best performer at +216% in usd and -9.31% in btc terms. everything else is somewhere in between there
thank you - i appreciate it was lazy for me to ask instead of google it so i’m grateful for the answer.
lol that last bit is definitely true.
never. this is an alt. my main here has moons ;)
i'm 60% btc 30% eth 3% cosmo 3% ada and then i own a sprinkle of matic, dot, avax, ankr, link, vet, and xlm
bro tone down the weed, you losing it
vitalik is straight gangsta.
he is “just some guy” we see around here sometimes my second biggest regret is only buying
my uncle is one of the few nigerians who is not a prince.
i would but i used the 3 btc i had to buy an extended warranty on my vehicle.
best way to control it is to have a plan and stick with it. i have learned this the hard way on multiple occasions.
should also only look at the close of the daily candle. so many moves that ended up just being wicks shook me out of trades.
thats the point, if you do not know what your level is then you may lose it when you are there. everyone always wants more. if you go to 1m you want 5m, if you get to 5m you want 20m. but the problem is that if you get to 20m and then lose it all its so hard to get back. better is to get to 5m slowly. then completely risk 10m. or whatever the number is! the best investors in the world take profits.
does it mention elon tweeting? is that also cyclical?
i was telling this to people and i did not know it is a thing that you can google. i knew this from my own experience in 17
agreed...my altcoins a progressing nicely...
you left out the last part... then the money goes back to btc.
alts arguably ran up as much as btc though, i’m up like 30x on some coins and 10x on majority. people keep thinking alts are going to 500x every season or else it’s not “alt season” idk what to think.
okay thank you, i will look into it.
lol , i thought everyone knew about alt season , so many new people around now, it’s awesome, i can’t believe how fast this is growing.
it's both. if safemoon and pancake swap got married it would be galaxyswap. their child would be safegalaxy and galaxia(cake). you use safegalaxy to stake galaxia. their youtube ama explains it in more detail, if you want to research it a bit more.
that’s sorta how i see my shitcoin game as a hole... throw a few hundred or whatever i feel comfortable losing at each coin, let however many i have sit until one pops. then if nothing else does then whatever, but if later on there might be a forgotten treasure a few years too early ya never know. they sometimes zombie out after they’re almost entirely forgotten.
that’s exactly what i’ve been seeing the last few days, but honestly who knows, and with such a cheap price the way i see it, if it ever hit anywhere close to a penny (any of them aside from tel) i’ll be sitting nice. it basically makes up for the losses to the point you don’t notice you had any lol.
> for the whole 25 years? in the uk (and eu if i’m not mistaken), mortgages are fixed for only a defined period of time, then they become variable if you don’t renew. the longer you fix the higher your interest will be. so when we took our mortgage out the base rate was 1.6%, but we fixed for 5 years so our interest rate was 2%. you generally wouldn’t find a mortgage that fixes more than 5 years, but they do exist. this is a huge risk. we’re in the golden age of mortgage rates now but they can and will go back up. i mean hell the rates were hovering around 3% but shot up to 4% plus right before covid. >it means when your fixed term is up you can shop around for the best deal at the latest interest rates this is a gamble. if the rate you have is the best rate, you can’t continue to use the rate you have but rather be forced to pay more. this works in your favor if the rates keep decreasing, not so much if they keep going up. i guess you’re just betting on the fact the rates will keep being lower as time progresses. in the us it’s very uncommon to have a variable rate like you’re talking about. ever since 2007 housing crisis where folks were offered super low rates only to balloon up after 5-7 years, people don’t want that to happen and are all opting for the 30 year fixed rate. furthermore looking at the rates, 5’t save you all that much maybe a quarter of a point. if the rates do drop down we can always refinance. in fact when i closed on my home 2-3 years ago i had a 4.125% rate. i refinanced 6 months ago for 2.875%. i can continue to refinance as rates go down, but looking at the latest rates, they’re going back up
eth is safer than any other investments in long-term imo.
i know a couple (now, finally, divorced): husband (gi doc) ~ wife (anesthesiologist) ~ …1 daughter in college. between several massive houses bought at peak, a fleet of mercedes, ivy league tuition… when the husband came out as gay and had a boyfriend 30 yrs younger move in, they stayed married for about another 6-7 years because they couldn’t “afford” to get divorced. they were so underwater between primary home, two vacation homes, daughter’s college home, etc…. you can make an absolute shitload of money and still be “poor”. imagine being stuck in something like that. to your point about reducing cost… my mortgage is . i live in an 1100 sq ft condo. in a decent area. that’s one way to reduce cost. a house in my area would be triple that. i don’t consider it a sacrifice personally, it’s all i need.
yeah it’s a little nutty. good debt and bad debt are absolutely thistinct! fortunes are made with the right debt.
okok i seeee you , congratulations friend , your paytience really payed off :)
i will look into those. thanks. my top three holdings, btc, ada, dot. speculating with hbar and cspr.
i had a very vague plan and only stick partially with it ; i think that the main thing i did poorly was the taking profits part ( being too greedy, fomoing back at wrong times etc). but anyway i only put fun money in this and am still learning.
as they say, "no rest for the wicked, and no wicks for the rested."
it is. when elon has his head in his own arse then that is a circle by definition.
that’s the wild card lol
a lot of very strong projects are below or barely above their aths (from several years ago). a lot of the mooning coins are garbage.
this sounds pretty cool honestly. i’m a pretty big fan of the stake moneys on cake
for sure. tons of coins would not ever hit a penny though due to supply amount, would make their marketcap that of bitcoin lol.
so you could take a 25 year mortgage out at [1.5%], then after 5 years you have the option *not* to refinance, and you would keep the same [1.5%] interest rate for the remaining 20 years, regardless of your central bank rate?
i see a lot of people saying the same thing - question if you dont mind. what's your conservative estimate for ethereum to be in lets say 5 years?
nothing wrong with speculating, it is fun and can generate great returns. your top 3 are excellent holdings. dot and atom already built a bridge so the can connect their crypto worlds for cross use.
yea definitely true, i was just using that amount to make a point lol. but you’re definitely correct. however, i’ve got hands on a few meme coins at the moment that if hypothetically they did reach a penny, they’d be 100k to 1 mil x current value so they don’t need to get that much bigger.
that is correct. granted rates haven’t been as low as 1.5%, but i’ve seen it as low as 1.8% on a 15 year previously. and around 2.5ish on a 30 year. i fully believe this is one of the reasons why folks are desperately looking for homes right now as we’re anticipating a mortgage hike by the end of the year. this is the last chance to get locked in on a low fixed rate for a long while.
you don’t have to trust my opinion, but i’ll tell you where ive done some listening to research. the bankless podcast is done by a couple eth bulls. recently they had an episode sotn with the guys from three arrows capital. they thiscussed eth and it’s future. towards the end they give their estimates. also this weeks rollup episode talk a lot about eth price projections and they give very conservative estimates up to very bullish estimates.
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elon in response: yeah? well, the hamburglar is a pedophile
so many grimace coins now... people are buying them and there are already rug pulls. the earth has an endless supply of idiots with cash!!
ah dogecoin vs grimacecoin, finally a worthy shitcoin opponent
what the hell is this world that we are living at? giant trillions dollar entities sending memes to each other
just an fyi. grimace the purple mcdonalds character is a taste bud.
scammers running to their laptops to create the grimacecoin rugpull... be careful people. there's already a [bsc]( and [eth]( scam token.
grimace coin just jumped 6000% in an hour
i thought i was sad, but realizing we live in this dystopia i have come to the conclusion that i am in a perpetual depression
brb buying some grimacecoins to cover up my losses on squid token
what i am waiting for is when i can buy a tesla using happy meals.
mcdollar was right there and could be used to create a mcdollar menu that costs more than a dollar legally.
how many of ya just looked up grimacecoin
yup. we have become too dumb for our own good.
i’m not sure either of these two entities knew what kind of shitshow they were creating here. today many shitcoins were born and many were dumb enough to buy them.
altcoin season has begun i guess
rule 34 of crypto. grimacecoin exists as a few hours ago
mc should create a bigmac coin. it will cement the bigmac index and would change the world we know. for 1 bigmac coin you can get 1 bigmac in every mc around the world. mc could make billions of dollar from selling those coins. it would be a stable coin but mc could invest all the money they get as they want. cause the actual token is not backed by dollars but by bigmacs which can be produced cheaply. the coin would be the most stable inflationproof stablecoin on the market that can be redeemed worldwide. so alot of it would just be kept by people and never redeemed. it would basically be free money for mc and for users it would be a game changer. seriously all usd stablecoins could go and close their business, nobody would need them anymore
breaking new - tesla merch is now buyable with grimacecoin .
this is the darkest timeline.
macd said f off to elon pretty much
gotta love a good ole fashion corporate reach around
grimacecoin is a really such a great project. they have a really great team. i'm in it for the tech.
this is so embarrassing for everyone involved.
tldr; elon musk, ceo of tesla and spacex, tweeted on tuesday that he would eat a happy meal on tv if mcdonald's accepts dogecoin as payment. last week, dogecoin cofounder billy markus replied to a mcdonald's tweet featuring a picture of fries, saying "i want a fry." mcdonald's replied to markus' tweet with a photo of a shiba-inu mascot.
if i can turn my doge into hamburgers. i would have a lot of hamburgers.
dear god, i thought this was a bs shitpost, but it is real. thanks for the source u
mcdonald’s pulling a wendy.
what a fucking timeline!
not only a new grimacecoin has just been created an hour ago, now there is a coin called grimace girlfriend. 🤦🏻‍♀️ i cannot with these people
why do not we all just use usd's and make this a simple thing
jesus this is going to be a shitcoin bonanza
this is the reason why i don’t believe crypto will ever supplant state-backed fiat currencies, among other reasons. an inflation hedge? sure. actual cash? when it’s this volatile and this easy to manipulate, no.
why did i go to cmc looking for grimace coin
could t they use a better name like mccoin
grimace used to have four arms so it could steal more shakes. this scared children who felt he looked like an overweight kali so they had them amputated. nobody wants to talk about that at mcdonald's!!!
satoshi must be facefalming right now
i would love to see cramer rant about this...shooting it upwards. i'm now adding this to my 2022 bingo
haha. the perfect response.
love it when a mcd's worker out smarts elon!
mickeyd hired a gen z confirmed.
motherfucker, i had 11,000 large fries waiting for me back in late ‘20. but i sold for a few hundred deflationary fiat buckfucks
i generally feel bad for people that think doge is a sensible investment
joined the telegram just for fun and asked questions about auditing and admin just blocked me lmao
lol kudos to their communications person who came up with that
i got some grimacecoin when lambo ?
corporation will do anything for publicity
where can i find it, askin for a friend
this is amazing watching companies and people so rich and powerful they can just say "fuck it" and make their own currency and fight over it.
i wasn’t expecting this reverse uno.
i would not touch doge...but i'll sure as hell buy some gimacecoin!
i thought it was "grimmis"?
whoever runs the mcdonald’s twitter and authorized the tweet probably made bank by buying tons of grimace coin before they responded.
the correct answer was; we will accept dogecoin and the happy meal is on us.
macd is going for the good ol' rug and pull
just dump on crypto why don’t you mcdonald’s?!
did y’all know that grimace is supposed to be a tastebud?!? heard that on the radio awhile ago…
fryguy coin i'd buy. f grimace.
i want a hamburgular coin, with option to go to mars.
mcdonalds wins this round
are they staking the grimace
is grimacecoin backed by big macs? that might make it fairly sound for a shitcoin, actually.
if i have to pay stuff rl in like 10 years with grimacecoin and dogecoin iam going back to wares trading directly.
mcdonald's social media is on point but possibly does not realize what a perpetual instagrift cryptocurrency can be.
this is all around stupid.
who's going to have a heart failure first??
let me grab my ~~popcorn~~ fries and watch this battle vs grimacecoin
i'm sorry, we do not accept grimacecoin. we only accept actual currency.
"suck my fry elon"
ass clown pumps shit coin with the burger clown and then gets clowned. telsa should start making clown cars.
prediction: * grimacecoin created in the next few hours * musk calls their bluff and tesla starts accepting grimacecoin for the lulz * grimacecoin marketcap explodes to a billion * mainstream media makes it a story * mcdonalds accepts dogecoin to ride the publicity * profit? where can i buy grimacecoin?
unplug me from the simulation now please
see & raise. your move elon
memes coins gonna take over the world. mark my words
dont forget nfts baby
seems fair to me
mcdonald's tweet is going to cost some idiot their lifesaving.
hate mcdonald’s, but touché
bullish on grimace coin
folks have created tens of grimace coin and monies will be lost!! this is not good for the crypto space. thats y authorities call it ponzi .
i cannot believe someone already created a grimacecoin xd
i’m waiting for hamburglarbux.
if only there was a common currency we could all use ...
when i bought tickets to the circus, i did not expect this from the clowns :/
this is why i hate crypto
mcdonald’s for once why don’t you do what the customers & people want. we don’t want your purple w.
and then someone instantly makes crimacecoin...
shitcoins everywhere, dont step on them
just joined this sub today to learn more about cryptocurrency and this title is making me feel clueless
so we buy grimacecoin?
kfc should use my chicken-dog hybrid coin
*reverse uno card intensifies* anyways elon and mcdonald's already worked out the particulars and they are already planning to do it. this is basically an announcement that it is happening. pr in 2022 is strange and stupid place and the more you hate it, the better it does.
there’s some poor lonely mcchicken enthusiasts out there who just took out a second mortgage to be a grimacecoin whale
why coinbase have such low tradable amount of different coins
ah, good old pump and dump...
this absolutely make mcdonalds way cooler than elon musk
i am all for fun and stuff going mainsteam. but as usual within minute and then lastnight over a few hours we had lame shitty bnb. and you wonder why so many ppl still do not trust this space! seriously. give it up.
is that why that shit is pumping omg lol
i was literally heading to mcdonalds before i saw this response . guess it’s burgerking instead!
it was an inside job. we all know mcdonalds is riddled with crypto bros. the opportunity was there and they took it. now they can quit or get fired comfortably
someone made it a real thing and its up 1,100% lmao .
after the upcoming global regulation of cryptos, dogecoin might not even exist. or if it does at a much lower level.
is the ratio the same as stanley nickels to schrute bucks?
wtf is grimace coin? :dd
i just spit out my coffee
and just like that a new cryptocoin was born
this whole thing is a grim-mess. i’m proud of that pun.
you know, the free marketing mcdonald's could have had but no...
seems like a solid bet after all, nothing can kill the grimacecoin
so we buy dogecoin?
i'll give you a million stanley nickels to stop this stupid bullshit.
cannot wait for the moment bitcoin goes into hyperbitcoinization. it will literally break peoples minds. fuck musk and his shitcoin shilling... and fuck mcd's...not even flies are attracted to their food. surprised people still eat there at all tbh.
will the ceo of mcdonald's then eat a tesla on tv? xd .
grimace coin is real? this would have been funny if it was fake because it would be a great response to musk but if grimace coin is real it’s just fucking sad.
shitty milkshake machine tokens for the win lol
me imagining all the execs at mcdonald’s approving this response for 11 hours. clearing legal and it still flopped .
id get myself some ronaldmcdogecoin if it was out there.
i can hear it already: “will you like an extra set of fries for 34 dogecoins?”
elon would do it for the memes
we can make a grimacecoin but ice cream machines at 97% of your locations world wide are down at any given time.
if elon musk goes on tv to eat a happy meal, i'm boycotting mcdonald's.
slightly off topic but there is a mcdonald's themed black sabbath cover band called mac sabbath and they are amazing [frying pan](
smh wendy’s twitter would put both of these entities in the dirt
gotta say, brilliant response, was not expecting that. basically: so you want us to accept something you are pumping up in value yourself? right well, you can buy some fries if you allow us to buy some tesla’s with our own bag of air.
fuck elon. plain and simple.
can we all just stop give attention to this dumb stuff? dogecoin is a shitcoin. period. end of the fucking story. fuck elon and fuck dogecoin.
let them fuck each other without anyone interfering
i don’t think mcdonald’s knows how to incorporate dogecoin and or how to influence the franchise owners on accepting it. could be contract issues
musk and mcdonald's - junk icons for junk culture. ignore them all, show some dignity.
1) why is this post here? and 2) literally who cares?
why is this clown posted every time he talks
why would they write something that stupid?
what is the exchange rate of grimacecoin to schrutebucks?
they could have easily had fun with this easy marketing curveball, but you decided to grimace at it?
i guess i'm stupid, but i do not get it. what's grimace coin? what was the point of this "joke"?
after 11 hour of strategy- this was the final response? so who’s getting fired?
mcdonalds had a chance at free global advertising and blew it.
start accepting btc ! and stop with the shitcoins!! mcshit and elon fuck
nobody has commented this surprisingly obvious take so i will take this opportunity to add something to the conversation. cringe.
dear elon, stfu about crypto forever
grimace coin sounds and looks terrifying. is it a character based on what your turd looks like after eating at mcdonalds?
dude i thought you where all kidding but as i get deeper into the comments 😅
that's a bold move cotton
that’s why grimace thisappeared! son of a bitch has been coding...
can’t wait for some degen to create
how do i buy grimacecoin
nothing can kill the grimace
that website is a thisaster...
petco should accept doge
this puts dogecoin in a very good light 😂 in their subreddit people are still lying(i hope) they bought dogecoin under 10 cents and still are hodl'ing cuz that "is the way". 😂😂😂😂😂😂😂😂😂😂😂😂😂 it's going to come down under ten cents again soon. i hope they are lying cuz if not that is some stupidity
fuck elon. little attention whore. what's wrong with eating mcdonald's anyways?
mcdonald's blew it big time
grimace coin to the moon??? 🤨
tldr; mcdonald's said it will accept tesla ceo elon musk's request to accept dogecoin as a form of payment, but only if tesla accepts "grimacecoin" — a fake coin depicting the mcdonaldland mascot grimace. musk has said he would eat a happy meal on television if mcdonald's accepts dogecoin as a payment. the fast-food chain's offer comes days after tesla began accepting doge *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
i hope that real! amazing haha. don’t know the talent of mcdonalds twitter, but wendys and burger king can throw down…
would have been cooler if they told him to make tesla accept suckourdickcoin
id happily eat an elon musk for a happy meal toy
people gonna get fooled once again. lol
so we now just need grimace to get on twitter and start sending out tweets about grimacecoin and maybe we can m00n!
**oof** elon got owned
grimacecoin. this is the way.
they just take the possibility of free advertising that elon gave to them...
he has stake in it. this has to be illegal in some capacity. manipulate the market.
all joking aside, this is actually a sad news story indicating that "corporate america" still does not understand crypto. imagine if mcd's actually did make the mccoin rather than joke about it. they could use it as a replacement to coupons. you could buy your buddy a digital big mac. their next monopoly game could be nft based. they could build an entire "mcfinancial ecosystem" to connect to their customers and incentivize whatever the fuck they wanted. promotions. give aways. charity. the mind boggles with opportunity. but no. they'd prefer to kick back and poke fun at the whole cryptocurrency thing. someone is going to get thisgustingly rich when they figure out what you can actually do with crypto and a large corporate brand.
stop normalising shitcoinery. this is why toxic maximalism is needed .
where are you even going to sell back grimacecoin? i guess if there is enough traction coinbase will pick it up like shib.
someone quick we don’t have time! where are the current grimacecoin shitcoins being pumped out at this very moment due this tweet. find me grimacecoin 😤
make the grimace coin you clown. make it
i may be in the minority who believes this but it is my solemn belief that meme magic is what props up the crypto markets.
this might be a rugpull,i ain’t putting my money in
can’t wait for wendys to get into the crypto game. cause whoever runs their twitter account is straight 🔥
where can i buy…
where's my grimacecoin x dogecoin nft!? i want all 6,000,000 different variations of them
was it a funny joke? sure, but there are like four versions of grimacecoin that i can find as of this posting and all of them are going to be rug pulls. don’t let the hamburglar steal your money!
wait for your mcdelivery in a telsa
actually this is an amazing opportunity for a different type of stablecoin from mcdonalds. 1 grimacecoin buys 1 mcdouble. it would be a true stablecoin that even holds it is peg during rapid inflation. could be big!
check out billy markus’ responses, pointing out how the crypto community would find mcd’s’ answer cringy… as if doge wasn’t a memecoin. lol he blocked me for liking a tweet pointing that out.
remember when we thought elon musk was cool?
dog i just want healthcare
grimace coin rocket rocket moon moon.
this season, for battle of shitcoins, we have doge the og meme coin in the left corner. grimacecoin, sponsered by mcdonald's in the right. who would pump and who would dump? how many rugs are we gonna see?
wow , the fucking stupidity, fumbled an incredible opportunity for a terrible joke.
wish elon would just stick to making affordable electric cars.
thoughts on polkadot dot ?
elon punching the air right now
lol imagine mcdonalds promoting a scam coin. oh wait.
i see crypto-payment as adoption and a win to the space. both parties would definitely reach an agreement which would be most likely a positive one. now we could pay , advertise , communicate , even mint nft with smart wallet. we are growing the industry daily.
hamburgler coin, ultimate rug pull !!!
the meta on this is wonderful to watch being played out
is this another dogecoin clone?
fuck mcdonald's for promoting a shitcoin. is this in us? i hope sec will go after them.
musk needs another injection from a pump and dump it seems.
still wondering who the fuck asked elon
wow that was harsh!!! not buying mcdonald's till they accept doge now!! going on a strike!!!
makes sense. tit for tat.
the nations of companies has begun
junk food for junk coins seems like a worthy investment
crypto is a fucking joke lmfao. up 11000%. give me a break.
already rug pulled. love their response. fuck you musk. also love how market did not barely respond either.
haha, great response from mcdonald’s! 👌
bro i go to them for some fake meat and a potential heart attack not some stupid crypto coin .
i hope mcdonalds doesn’t become the new elon and starts causing these absurd pump and dump shitcoins to be created out of the blue, oh wait...
mcdonalds just lost the opportunity of the century… xd .
i think this coin would remind elon too much of his ex-wife...
can’t they make happycoin? buy a happy meal and get a happycoin with it!
major top signs when one of the richest ppl and the biggest fast food franchise talk about shitcoins on twitter
someone will eventually figure out that a coin with elon musk on the marketing team is going to do better than those without.
is there a german word for the existential despair you feel knowing you live in this stupid timeline
i grimaced at this
i smell corporate market manipulation here...
tesla to fuck a cabbage if mcdonald's fucks a cabbage.
i guess doge coin will go up again...
me: yes i will have a filet 'o fish meal. worker: that will be 300 doge coin please me:... what?!
shitcoin season is back!
tf is grimace coin? 🤣🤣🤣 incel musk can go fuck his desperate self.
grimace represents the thickshakes.
"if you want to pay with dogecoin, just contact our customer service that never answers any of your requests."
oh god. what have they started
i've had better conversations while i still spent a lot of time in sand pits.
the war of shitcoins, who will be the 3rd fighter?
begun, the shitcoin war has.
and this why people see crypro as a joke
stocks up on grimacecoin
i fucking love this.
mcdonald's has paper hands
i think elon is slowly losing touch with reality
bruh mcd’s just caused the launch of a half dozen shit coins fresh for the pulling, be safe
oh no, not another crypto scam.
lmao grimace scam coins already being shilled on tiktok xd
we're living in a clown show.
the future my grandparents dreamt about
so you’re telling me there’s a chance
and grimace coins just went through the roof. i bought at the top, of course. that’s how this is supposed to work right, right???
amazing ! im thinking to invest in these coins by selling some of my assets i hope it goes well x
oooo them’s fightin’ words!!!!
where are my grimace coin degens?
time to put . if i'm lucky after a week maybe i can buy a big mac.
skipping mcdonalds in 2022 is the easiest choice you've ever help me make.
thought this was satire. not too familiar with benzinga
i’m not sure if i should’ve bought the amount of grimacecoin that a i bought.
time to take out another massive loan get me some greasy grimacecoin.
mccoin would’ve been better.
stock up on grimacecoin
elon just got hit with that stanley nickel
this is jack and the box sir
this is a snipe at the whole crypto space not just doge. pretty sad really we are still nowhere near being accepted
i alos responded. i told him i have some shit he can eat.
the opportunity to finally use hamburglercoin was there!!
wonder how much the person who made the first grimacecoin is making right now
burger king was interested.
what a clown fest
and people will be using these news for a tasty rug pull.
so elon and mcdonalds are the ones behind this mini recovery
i’m living in a simulation for sure now
i happen to work organizationally adjacent to the cashless team at mcd. if there’s money to be made they’d love to take it.
lol i was like is there such a thing but mcdonalds claim there is no such coin hahaha scammers are on the move on twitter claiming where to buy grimacecoin
this is a perfect encapsulation of why you should say no to shitcoins
grimacecoin just came out today. i'd be very careful with it, others should be as well. it could be a 'rug pull', or scam...
i bet the hamburgler is rubbing his hands together and laughing maniacally at this epic rug pull opportunity.
humans are so stupid
time to load up on grimacecoin. get in early, as my grandma always says about shitcoins.
why wouldn’t they do ronaldcoin?
shit in a box...
but i do not own any grimace shit coin!
battle of the shitcoins to inevitably piss off the public when they lose money…
really? they’re not calling it the mccoin?
the future is fucking wild.
whoever spins up grimacecoin and gets tesla to accept it will make a killing
i hate that i enjoyed this response
shitcoin vs shitcoin let us see who wins
i just want to know where i can spend my stanley nickels.
which will be the worthy shitcoin!!!
how can i buy gromacecoin? serious.
i don’t want to be here anymore
burger king better burgers anyway
wow. they went the wrong way on this one, just sayin. disappointed mcdonald's .
did anybody catch the fact that mcdonald's said grimacecoin and not omg? do they not have a partnership with omg? if so, this does not bode well for omg if mcdonald's is not taking it seriously.
mcdonald's please reconsider. look at how much publicity you are getting in doge.
alright, that’s it. time to just burn down corporate america and start over
seriously guys, how do i get in on grimace coin?
i read it as grime-coin and thought they were roasting elon
capitalism at it is finest.
i’m all in on grimacecoin
was mcdonald's supposed to be grateful as if elon eating a happy meal is a big deal? fuck elon and fuck doge too.
why would anyone want to see musk eating on tv?
grimacecoin to the moon!!!
great response, mcd public relations department!
i doubt tesla would endeavor to support something apparently as hastily thrown together as grimacecoin.
what is the ratio of stanley nickels to schrute bucks?
does elon really think mcdonalds would really benefit from him eating a happy meal? like anyone in the world who even has the slightest notion of who elon is knows what the fuck mcdonalds is. he's not the brand ambassador anyone is looking for at this point either.
grimacecoin is a rugpull and was created by bk kids club member “wheels”. at least the dev was doxxed i guess.
out of curiosity because people have already done it (and we knew they were going to) is it illegal to make a shitcoin and rugpull it?
mcdonalds legal must be screaming. billy markus himself called out the danger of this kind of post
when you think things can’t get anymore cringe, then suddenly this pops up .
why would i care to watch a cyborg eat a happy meal?
shit like this is why people would not take crypto seriously.
seriously, the stupidity of people to buy into the hype around these new shitcoins is very bad for the overall image of crypto.
it's as if mcdonald's does not give a shit if it perpetuates a reality where people get scammed because they do not understand the crypto space at all.
bearing in mind telsa only accept doge for hats and belt buckles maybe they should lead by example and accept doge for all products and services...
do you want additional regulation, cause this is how we get additional regulation…
what kind of bartering nonsense world are we in
you guys still going through the grief stages for your former lord and savour or what?
what a heckin funny corporino.
grimacecoin is currently undervalued... so much undervalued that it is currently 0
how is the top comment not about shrute bucks and stanley nickles. how?!
what's the ratio of either of these to schrutebucks?
thier no grimacecoin , if someone make it to scam people , mcdonalds should be responsable for what happen...
alright boys, time to hop on and make a bsc grimace shitcoin.
what a strange word.
well its official once more, mcdonalds sucks and is bad for both your physical and mental health.
someone at mcdonalds just subtly screwed up and does not even realize it.
right move by mcdonald’s. fight a ridiculous proposal with an even more ridiculous proposal
waiting for the release of baby grimace.
why did this make me laugh so hard???
i do not have enough popcorn for this.
lol where the grimacecoin bulls at?
don’t doubt elon, he just might do it.
hahahahahaha rich people guys theybare so cool. i wanna fuck their dirt holes. also...if you want people to consider you accurate...and diligent...it is 8 months.
damn it. mcdonald's just made a killing on crypto...
no quick way to avoid cookies, do not click.
but guys, for real, take crypto seriously. please.
just like that there were dozens of grimacecoin created in the last hour.
and all the idiots do not see that crypto is not for you. it is just like nft's, a scam. a scam to scam you out of your money for another market the rich will control and continue the class warfare
i’m shocked. this is the worst response they could ever have made. it’s so bad .
mcdonald’s will never live this down. they are for sure getting canceled.
hodling out for pintos&beans coin
and boom. grimacecoin pumps. crypto...
*burger king enters chat*
mickey d’s - keeping it real
yikes. and just like that, i've lost all interest in alt coins. this is officially getting stupid.
this shit alll seriously reads like a joke. this doesn’t look like reality lmao. this is literally idiocracy, it’s too similar it’s almost not funny anymore lol, almost.
i'm a rug. grimace when you pull me 😂
grimacecoin , what is that? i think everyone should adopt the trend and do not get lost.
pro pr moves goin on right here
all haul grimace coin!!
sure bro... a rug coin thats 2 days? old and a coin thats as shitty as fiat
and i’ll accept pussycoin pcn if tesla accepts
i have a free award. tell me a joke.
seems fair to me.
lol… crypto is every grifter’s dream come true
so many grimacecoins… kind of surprised mcdonalds agency didn’t have one ready to go
been taking a break from this sub. this headline belongs in r😂
i’ve never heard of that coin... wtf is dogecoin
the mcdonald's and musk thiscourse here makes me grimace. ;)
that was the move ronald
i wonder if grimace inu will be a thing.
that wasn’t exactly a *zinger*, mcdonald’s.
i wouldn’t eat at mcdonald’s or buy a tesla even if i did have a pile of dogshitcoin
free advertising for mcd's... golden opportunity for grimacecoin creator... doge does not budge... tesla does fine.
i may be a little dull right now but was mcdonald’s pulling elon’s leg or is there actually a legitimate grimacecoin? lol
companies are not going to play his game. they know he just wants a huge roi on his investment.
they just owned the lord of the trolls. bravo, mcdonald’s. bravo.
someone got rugged by mcdonald's. brutal.
if a grimacecoin gets made and pumped through the roof crypto deserves to fail.
i bet mcdonald’s is stupid enough to turn this down.
words cannot express my thisappointment in reality
wife’s boyfriend gave me permission to take out a second mortgage on the house to yolo on grimacecoin.
and then he pays a private detective 50k to dig up dirt on him
hey, my uncle hamburglar may be a thief, a peeping tom and a pedophile, but he most certainly is not a...what was the last thing you said?
poor redditors torn between criticizing a billionaire bond villain or an evil global corporations.
i'm in grimacecoin for the tech and because i believe in the team. uponly
i'm an idiot, where's my cash?
but how did this coin even appear?
there is no grimacecoin right now. right now, someone is out there creating it... edit: someone has already created it its already up 11000% lmaooo update: there are around 6 grimace coins now there is mini grimace, grimacedoge and grimace inu too. choose your poison
does it even exist? i can’t find it
"worthy" is a bold word to use on shitcoins
ok it’s shit vs shit i am in!!!
the competition between the two will be very attractive but... these words are only for their own business policy
this fight smells like shit
the battles will be fierce and they will write songs about it
this battle will be legendary... *full of shit*
lord mcdonald is coming! pure shit will be spilled.
what we came to: wen lambo
our battle will be legendary!
people are going to get hambuglerd out of some money
it is all a scam, hamburglar in the shadow
things like this, are why people think crypto is a scam.
dogemeatcoin would’ve been a much better on-brand name than grimacecoin, jussayin’
shib is crying in corner, feeling alone
shitcoin vs shit your pants coin.
battle of the shits
yet i make memes all the time and still no millions.
giant trillions dollar entities selling cars and hamburgers ' same world as the old one. the marketing industry is what changed
marketing. mcdonald's just made it to the frontpage of r.
it was always a clown world. the difference is we're just embracing it now
and some peasants cheering them on.
reality is beginning to feel like satire. scary times.
yeah, memes should be reserved only for us broke ass idiots!
it's just 2 humans writing and clicking on a computer
the president of el salvador just replied to the imf with a meme too. the world is getting weird af.
we humans need a reset button
kudus to neal stephenson for seeing this coming i guess.
getting with the times.
not only memes, but memes of shitcoins.
to be fair this is marketing teams talking with a single guy. i don’t believe macdonalds board will accept this.
pr teams and a memelord
recast: underpaid social media managers who work for trillion dollar entities sending memes to each other.
mcdonalds isn’t even close to a trillion dollar compared lol
you’re saying that in a crypto sub where people aren’t just joking about the memes, the people here are buying them lol
corporations are people too.
why do i get the feeling you've been waiting your entire life to deploy this special and unique knowledge?
[the mcdonald’s wikipedia says it’s an unknown species](
no he was originally evil grimace and had four arms bro stop spreading misinformation
he was tasting all the things and people he hugged.
you’re telling me the purple chicken nugget is a taste bud?
are you messing?? always wondered. sounds believable. what else would he be? grit? a grape? dingle berry?
thanks. i hate that.
learn something new in this sub every day 😂
i used to think it was what dripped off of burgers as they cooked. the grimace.
grimace is also the reaction many people have to this coin's existence.
thought he was a furry purple chicken nugget…
why is it purple? was it harvested from barney or thanks? edit: thanos...
it’s a taste, bud.
a tastebud, that is why he was the bad guy? it all makes sense now! 🤯
which sensation though? shit? with a name like grimace, it am not pleasant.
grimace is canonically from outer space and in space, no one can taste ice cream.
i found your purpose you’ve been waiting for. now rest my child, you’ve done well.
that's somehow worse. they're saying that with mcdonald's my taste buds are supposed to grimace?
"your taste buds will grimace". oof. self own.
as a grimace expert, i've never seen this claim before. where did you read that?
i thought it was barney’s testicle
are the little dreadlock dwarves fry people?
why would he be named grimace then? isn’t a ‘grimace’ the face you make when something thisgusts you?
i’m pretty sure he’s a butt plug.
and “grimace” literally means expression of thisgust. what were they thinking?
i don’t believe you.
why did they name it grimace then! grimace is an expression of thisgust.
well that rug am not gonna pull itself
this is my 13th reason
people are idiots. now, where i can buy grimacecoin?
that's why i do not respect either of this chains.
quick, let us get a thiscord going and create the first swap pool!
don't be fooled. this is undoubtedly a rug. nobody is getting 6000% gains.
just wait for the hamburglarcoin, thats the true rugpull to watch out for
i see aladin is getting ready to pull the rug
noah get the boat
good thing you sorted that out
accurate username. hope you’re okay, friend. i feel it too.
perpetual depression sounds melancholic.
i've been there before. no matter what you are loved appreciated.
i think you’re chances of finding a tesla toy car inside of a happy meal are bigger
don't need to. i'm already sold on it.
i initially read it as grimescoin and was shocked at how savage mcdonalds was at mentioning elon's newest ex-wife.
if mcdonalds is comparing to doge it is because it is a total sh*tcoin too! will not spend time googling! 👀✌
can’t seem to find it
you do not see the real world utility of grimacecoin? it's going to replace the dollar someday.
we are well on our way to idiocracy. i'm pretty sure that film will become revered for its prophetical powers once we fully catch up to it as our reality. no one will watch it though because it will be too intellectual.
all in on grimace coin for the inevitable rugpull followed by lawsuits directed at mcdonalds
elon knows pretty well what he is doing! i think his ego crave to be knows as one of creator of something in the crypto world as satoshi or vitalik and he supports doge only to serve this purpose
exactly. both elon and mcdonald are costing people money today and directly opening the door to scammers.
more like shitcoin season
out of the frying pan and into the fire...?
step-grimace, what are you doing?
that's a great idea actually. digitize the big mac index
writers are getting desperate. this is probably the last season
where did we go wrong, to get to this ending
betty white dying was the moment of divergence.
most depressing timeline *
and weirdest timeline!!! we need to reconstruct everything from beginning
maybe thanos was right.
why didn’t they ask him why he won’t accept doge for a tesla?
they really took a mcdump on him
this is as real as it gets.
this is why i crypto!!! i have never looked over stock, commodity or gold charts and laughed maniacally at 3 in the morning. where is grimace coin... is it on a cex, dex or website rolling on floor laughing my ass off
[ already rugged down 98% within 2 hours
you're not the only one 😅
your mclore game is weak
seriously, anything would have been better than grimacecoin.
mcdonald's supports forced amputation 😳
>satoshi must be facefalming right now he's facepalmed enough times. he probably does not listen to news anymore.
more like rotating in his grave
*holy be his name*
instruction clear: selling my home and going all in the m doge and grimace
that’ll surely be a thing by the weekend.
what are you going to do with it, buy a tesla?
i think it is actually grim-ass
grimace himself runs the twitter. mayor mccheese is just a figurehead. and the dark money all leads back to ronald himself.
give it a few weeks, someone will probably create it and then rug pull everybody
i can show you the world
burger king already won last year by giving out btc eth and doge with .
avaliable on all good shitcoin dexs.
it's already been created, as an erc token and on the bsc. think one of then has already rugpulled.
"owned by scamlikely" this is funny as hell
i’m fine with it as long as he eats the toy too.
that's the line in the sand for you huh?
to buy 💩 food
it's currently at the top of hot after three hours and has more than 500 comments, so evidently people do care.
you know that giant purple monster that hangs around with the hamburglar and the mayor of hamburger town? it's the native token for his dex.
>mcdonald’s said on twitter that it will agree to musk’s request only if tesla accepts “grimacecoin” — a fake coin depicting the mcdonaldland mascot grimace. i acquired this knowledge through the magic of actually reading what i am commenting on... come on, it is literally the second sentence in the article.
you are so mad 🤣
grimace is an alien race being slaughtered by the thousands to make mcdonalds meat.
mcd cannot make fries any more... they definitely cannot crypto... five guys should make a 20 dollar coin and do impossible burgers... hear that corporate that was for free...
might? the rug was wheeled in...
the taco bell “pesorito” has entered the ring…...
could be? surely not…
woah woah woah. them there fighting words
literally would just be like the shawarma scene at the end of avengers. just elon with his maccy ds on a live stream.
i think it’s called a muck bang
doge pump was also a rugpull by musk and his friends and not once already.
already done, been pumped and dumped by now
you make as much as them? if not how dumb are you
can’t believe people forgave him for that bratty tantrum. truly never will support musky for that reason alone.
i don’t get your point?
i enjoyed reading their whitepaper (it had a crayon maze at the end)
*inserting rocket 🚀 and moon 🌕 emojis*
found a couple more. grimacecoins are crawling out the woodwork. be careful. [etherscan token version]( [bsc version ](
def gonna be a rug pull
down 97% now!? i’ve lost everything *damn hamburglar*
let's see if mcdonald's sicks their lawyers on these creeps for copyright infringement.
it was inevitable that a bsc dev would make it lmao
the rug pull is how grimace get his rocks off.
which one? im seeing about 4 new ones all called grimacecoin lol
ahhh yes, it was inevitable 😂
copy and paste of some scamming contract, honey pot, rug pool, whom knows?
seems like it has been up for nearly 6 days now... a coincidence?
how does one create a coin so quickly?
people are dumping at least -?
good googly moogly this makes cyrpto look like a joke
dang! late to the party again
this is great. elon will accept it and then mcdonald's will have to accept doge. buy doge now!! you'd think mcdonald's pr would have learned a lesson from pepsi. never make bluff promises, somebody will always call your bluff!
totally ditching my trustwallet for the new supertrustworthywallet to hold my grimace coins. at least until nevergonnagiveyouuporletyoudownwallet comes out.
worst mistake of mcdonalds ever lol
i already thought before clicking the link that i’ll see a bsc contract lol
at least people should report their the twitter site so they can not advertise this scam. how can people be soo stupid to buy this? it is truly unbelivable. etherscan and bscscan should have a report function, so people could report suspicious tokens, so people could not find the adress of these scams easily. it might save some poor souls who bought this shit.
right now is down 98.9% yep, and now will blame elon musk for losing their savings
this is why crypto market is seen as a joke by a lot of people. it's one thing making a meme coin its another thing when it is worth a ton
how do people even buy these shitcoins that were just created?
needed to use the handle grimacecoinreal to let everyone know they are the real one. lol
reading this thread just made my morning 💩 go so much better
"the only real grimace coin" i could not imagine a 7 hour-old account would lie about this.
> its already up 11000% lmaooo fuck i'm always late.
how do y'all find these and how do i invest in them?
you cannot make this shit up
\> bsc they are going to get rugged real hard...
> mini grimace, grimacedoge and grimace inu i love how we've done a full cycle of crypto offshoots in 24 hours.
they should come out with the mccoin next.
lmao😀 new memecoin us happening right here
we are living in idiocracy aren’t we?
ahhh, the fabled grimacedong coin.
michael burry: "... there were very, specific identifiers, extremely recognizable. i mean for instance, oneon one on... one one of the hallmarks of mania is the rapid rise of complexity and rates of fraud and did you know, they are going up? " the big short opening scene
and this is why crypto will continue to be an uphill battle. it’s hard to convince others when you have so many pyramid schemes like this.
if this does not show what crypto is then i do not know what does
seeing your comment evolve like that was truly something to behold.
i’m a gimacedogelon maxi
am i the only one that does not know how to find coins on pancake swap? i searched for grimace coin in the drop down and got 0 results.
this kind of bullshit is not even funny anymore, this is what ruins crypto's reputation among gen pub
life savings going into grimace coin now
i'm holding out for grimacemoon
haha, "grimacecoinreal" what makes them real? "we responded to the meme 17 minutes ago, and all the imposters responded to the meme 13 minutes ago."
"it's totally not a bubble, man!"
i choose:whichever one fucks me the hardest
some of these low volume shitcoins need to fold and pool their building resources with bigger coins or companies. this is a really stupid way for the human race to operate, threatening free trade with an ever expanding market of shit.
this is so funny
christ, they multiply like little rats lmao
incredible how fast and creative people are these days
😂 the shitcoin echo chamber
i'm up like x50 on one of them, so i really do not mind. keep pumping my bags mickey dees
everyone is trying to scam and grift
could also be a fake pump.
god this is some good crypto.
own them all to stay nice and diversified in a balanced portfolio
wow it really is like the dotcom days, you have to snatch the coin name before someone else like you did with url names. f for pets.com
holding out for babygrimaceelon mars
where did you check? it is not on coinmarketcap
mcdonald’s solving the problem of short staffing of fast food employees in 3 simple steps __step 1__- get crypto investors to buy a rugpulls __step 2__- hire crypto investors looking for jobs in the fiat mine __step 3__- celebrate because now you have employees
wait... somebody is creating it right now... haha
tbh we are living in weirdest timeline!!! brands are fighting for shitcoins lol
fair point, maybe entertaining would have been a better choice of words lol
which shit are you backing? i think shit is good but shit looks better to me.
you just need a trillion and they you are all set.
a quick way to become a millionaire is to start of as a billionaire and then just make memes 24.
unfortunately you have to start with the millions and then move to memes
you just needed to make grimace memes. you were in the wrong department should have been memeing old mcdonald’s content.
i like to imagine the lawyers who approved this was not thrilled to go to law school for this.
just thought i would drop this useful tidbit of knowledge. lots of people might not be aware of it :) maybe elon could use this info to inflate the price of doge for those of us bagholding :)
hmmm. an unknown species of taste bud. interesting.
til there's a mcdonald's wikipedia
they know, they just do not want to say it... he is a really old mcnugget.
someone high up decided an anthropomorphized taste bud was too high brow for their marketing strategy for the new millennium.
he was also the champion of mortal kombat
"mcdonald's implies that its identity is fluid and it could also embody a milkshake, or a blob. grimace was originally called "evil grimace" and was scaly, had four arms, and stole milkshakes"
no this is 100% what grimace is.
people lining up to get rugged like lambs lead to the slaughter.
lets not forget: strong community and hard working devs. to da mun
i'll sell you a handful of purple spray painted sand
fucking intern at mcdonald’s social just had a brilliant idea to make enough to stop working at mcdonald’s
all it takes is time
it’s only a rug-pull if you sell too late
where tf do i even see this coin
think mayor mccheese might have something to say about this!
🎵i can show you the world🎵
and the trezor, they say jesus said "and whens thou cometh to me, thou cannot taketh with you thou hardwallet wallet, for naked was thou born and nake will thou return to the dust of the ground" but i still think you should try to bribe saint peter with some shitcoins.
i’d believe this if the mcdollar was backed by something tangible, like the mcnugget for example. heck, i’d actually believe in the solidity of tether if it was backed by the mcnugget!
well done. i sold btc and eth to fomo into it. i'm gonna be a millionaire soon.
i just have to figure out the right grimace coin to invest my imaginary 6 figure savings account.
all-in... go elon... haha
thanks, i just sold your pump.
none of them will accept, its a fact!!!
hamburglar finally going to get the chair
do you think they actually care?
yes this is true
the fire starts when you cannot swap your dry shit for life raft (btc)
stop it step-coin do not pull the rug
mcdonald’s shitposting back at elon.
wilddddd some people are way too quick
quickest rug in the west
> down 98% you're looking at the inverse graph.
one rug pull down many more to come.
i "missed out" on omnicron coin... dont know what happened or if it was rugged but i remember seeing it up some stupid amount lol
make sure you get the right grimace many will enter only one will survive the rugpulls.
it already is a thing
couple of weeks? i guess you never shitcoined before. 10min tops and the shitcoin would be created
mcdonald's should have released this on bsc before commenting
if it is on uniswap i'm not interested
so does that mean 2 different tokens have been created? is it possible to confirm in the contract whether a token can be rugpulled or not?
this post should be titled: "man who can accept dogecoin for his main product, does not, yet tries to peer pressure another corporation into accepting it for theirs" or "corporations will do anything for buzz"
grimace is not a purple monster. grimace is a "taste bud".
i'm sorry elon. give me a free model 3 and l'll charge it on live tv.
why not jump on the thing that would generate advertisement worth a couple of billion dollars? it would be the biggest since tiger woods nike us master put.
well the dude did say he could "shove his submarine up his ass" in a tv interview before that happened.
i really think proof of crayon is gonna revolutionize the space. what could possibly top nuclear powered quantum asics competing to finish the maze the fastest?
hamburgler stole my dogecoins
okay so i bought the bsc version. used bnb and bought some, took a nap, grc shot up over 100%, so then swapped it for the same bnb back. so now i got my full investment back + a bit of extra bnb + a bag of scam grc coins. edit: sold everything. my bnb stack is happy.
> careful we dont do that in this part of town, ser
if if does not have a dog or panda in it, i'm not buying.
so how do we know which is the right one to loose all our money?
people actually swapped eth for it!
no time to read the brownpaper, it’s my rug and i want it now
and i’m grimacing this entire time…
dont you just love the crypto industry?
i was here during the grimacecoin wars. i look forward to telling my grandchildren.
proud new owner of some grimacecoins! my first ultra low cap absolute poop coin… i feel like this is a major step towards degeneracy for me. thanks guys!
zero % chance people buying coins based off of twitter spats are ever going to be careful.
straight up legendary rug pulls are coming. we’ll have content in this sub for days.
smart move on their part, now you can only afford dbl cheeseburgers
and it’s going to leave a *whoooolllee* lotta people grimacing at their own greed and idiocy once it rug pulls too!
just a new day for crypto investors
you're thinking of the hamburgler coin.
we found out one of the devs was the hamburglar
how can grimace pull the rug? he cannot even bend over.
ultimate 4d chess move from mcdonald's: the people who put all their money into grimace coin will have to work at mcdonald's.
i speak for everyone here when i ask for the contract .
badabababa i’m lovin it
in the mcpaper, they call it a happy meal
100%, people just never learn do they?
live by the shitcoin, die by the shitcoin.
well the dude's name has burglar in it and he is dressed in comical prison stripes... what did we expect?
someone will earn lots of money in the same way some will lose a lot haha .
welcome to mc donalds... yah i'll take a big mac and a large diet rug pull.
step 4 - put up billboards saying "we're not hiring, thanks to cryptobros" genius strategy, mcdonald hr has earned that pay raise
some people may argue it is the darkest timeline.
are we the parallel universe shit timeline
*grabs pitchfork for the battle*
why not both??? both are shit anyways
best i can do is
buy high sell low to convert trillions into millions
it’s great to see that brands are fighting for shit coins!!
reporting in for bagholders, fml bought right before the snl show :( watched the crash live baby!
what, are you trying to pretend you're some oh so clever professor who never just scoffs ?
about an hour after you eat it, on the toilet you will find the grimace
a new kind of taste. i'm lovin it.
well it is fandom, so anything and everything with the slightest bit of lore has a fandom ~~page~~ ad space.
mcdonald’s lore be wilding
super bullish on grimace
at this point it is just a moving rugway going at incredible speed out in the open. even when people see others step on it right in front of them and get their legs swept out from under them they have to try it for themselves "just to be sure".
the fact that tokens like this can get created so freely, paraded as real with no utility and will only hurt people, scares me. enough victims and crtpyo space is going to see even greater regulation.
social media team of big corporations are the best. the higher ups have no idea how tech works, the interns have full control
😂 intern just leveled up to owner real quick.
i see what you did there 😂 72,000% apy, nothing to see here folks, move along.
just some time and bitconnect
time to get rug pulled once you’re locked into the honey pot.
thats the beauty, you cannot sell!
nothing has been developed. these rugpulls can be done by one person unfortunately. people are literally buying nothing.
at a rug store near you.
"where all the shit is being shilled"
i already said it very ofthen. mc should create a bigmac coin. it will cement the bigmac index and would change the world we know. for 1 bigmac coin you can get 1 bigmac in every mc around the world. mc could make billions of dollar from selling those coins. it would be a stable coin but mc could invest all the money they get as they want. cause the actual token is not backed by dollars but by bigmacs which can be produced cheaply. the coin would be the most stable inflationproof stablecoin on the market that can be redeemed worldwide. so alot of it would just be kept by people and never redeemed. it would basically be free money for mc and for users it would be a game changer. seriously all usd stablecoins could go and close their business, nobody would need them anymore
mcmillionaire. get it right
more like "i'm gonna have to work for mcdonalds soon".
you only yolo once
they are "semi-separated" but it legit just sounds like two people who travel a lot trying to make a relationship still work through it. they co-parent and live together regularly
idk i could see elon accepting grimace coin for some merch __like a silver plated belt buckle__ and then being like “your move mcdonald’s”. might have an all out flame wars of trolling.
i think it lost a lot of the hype and popularity once everyone thiscovered vaccine coin.
i like my coins fast and my liquidity unlocked
in reality it is probably more than a dozen by now haha. inb4 babygrimace and grimmusk
grimace is an abomination
...because he turned up to the scene of an unfolding national crisis with a grossly impractical toy submarine *as a publicity stunt*. so the guy called him out on it. so he called the guy a pedophile on twitter, told a buzzfeed journalist he was a child molester and married a 14 year old, then hired a private detective for 50k to dig up dirt on the guy...? yeah, seems like a proportionate reaction.
i also don’t get why you’re saying that. i made a joke about elon musk being an asshole, then i think you accused me of something. not sure what.
now this is pod racing
may this be the bedrock of our future economy, one big game of hot potato before the very system that was supporting it tumbles, remind you of anything that is happened before?
i just checked, and naps are up 1000% too bullish on taking naps
instructions unclear. leveraged my house for grimacecoin.
i'm selling everything i have and fomoing into this coin. wish me luck.
when in doubt fomo in.
i forgot where i was, apologies.
you dont. thats why i lose equal parts of my money in both in investment parlance, this concept is known as dollar loss average
you mean people actually paid the gas to buy this?
someone is going to try and sue mcdonald's after they get rugged.
moon farming material coming up!!
my metamask logo is purple now is this normal
don\`t you think daily crypto-world is growing and already into our daily lives. i dont see any rug pull coming anyways. what do you think about having a smart wallet where you can communicate , pay or advertise any products ? it would make decentralization faster
with extra fires and double dips
there are gonna be some legendary rug pull stories in the coming days.
no, the ??? step is still very valid
the dark humor is an acquired taste
put that 44 on grimace mcdonald’s been in the meme game since the fry guys
we live in the weirdest of timelines
"bring me a child so i might live again"
why the fuck would i be wearing pants?
can't wait to see justin timberlake making mcd crypto commercials like matt damon.
and that is a true get rich quick scheme.
is it just me or is this a legitimately good idea?
mcmillionaire? i mclove it
that´s why hes shilling it. pr. building solid bridge with giant. bridge that takes him work and back everyday soon.
they definitely fuck other people. imagine being at their echelon of society and still being faithful
get your vault open brother
do names have to be unique on the ethereum network? can there only be one official token with the name grimacecoin?
well he offered to help, spent 500k on building the device and flew all the way there after being asked for help by the military... 🤷‍♂️ but hey who cares about that. when have you ever spent 500k on helping trapped kids?
yes, i realized you do not get it.
sold my wife and kids, went all in on grimacecoin lol
as long as you get in before everyone else's mortgage paperwork goes through you should be golden.
sounds interesting, may i send you my seed phrase to learn more?
of course they did. they’ll ride the quick wave and play a game of chance on pulling out before a rug pull
it was me. i'm all in on grimace coin. i'm selling later today though before the news cycle ends. no risk no reward amiright?
"my lawyers will be in touch, mayor mccheese."
and they will probably settle. hell they paid some person 2.1 million dollars because they spilled coffee on themself.
straight over your head. grimace coin…
bring back the szechuan dip already.
it’s like reality tv but a lot slower
i prefer an 80% dark myself
some may say the darkest timeline
main problem is a bigmac costs very different around the world. from 7,04,68. ( 5,65 in usa) now for what price should mc sell those coins? for 7$? then everybody outside of switzerland would be stupid to redeem them. for 1,68$? then nobody buys a bigmac for cash anymore and they lose money on each bigmac sold outside of libanon. or for some average price or the us price? then they have a bit of both... so as cool as it first sounds. it can jzst work when bigmac prices are at least in the same range around the globe
this sub is useless, it’s only jokes without real thiscussion. the answers you seek are elsewhere, wish i had them for you bud.
and then the actual experts told him the device wouldn't work while he was standing around for photo shoots, the guy who actually helped save the kids said it was a joke in response to a journalist who asked him about it... and in response he called the guy a pedophile on twitter, personally emailed a buzzfeed journalist to say he was a child rapist (quote), then hired a private detective to dig up dirt on the guy... all because his ego got bruised. but yeah you're right, he did waste 500k on a publicity stunt, so that makes it okay.
i’m curious now. what was your point?
damn, you should work in sales if you managed to get someone to pay for your baggage like that. why gamble when you could sell water at a spring?
u forgot the gf. or is the gf untouchable?
i’m going in on all three grimacecoins, can decide which one isn’t shitcoin lol
baader-meinhof on my part or wordle on yours...like 100th time i've seen whack used today
don't do not buy it? double negative confirmed. calling my bank about a leverage against my house.
really? must be your first rodeo around here.
what a biased, company boot-licker way to look at that incident. maybe even some misogyny mixed in there. she was not a "chick", she was 79 years old. you should probably read more about it and see some more in depth takes. if your analysis of this incident ends at "just hold your cup straight, lol" or "its just a coffee spill, that cant be worth 2.1 million" mcdonalds got you right where they want you.
it was compensatory damages awarded by a jury. the true settlement amount ( which was probably lesser ) was never revealed. mc donald's probably saved money by settling.
i'm doing this for the szechuan sauce.
… i just want to skip to the rug pull.
"real discussion" ...about elon eating a happy meal and fucking grimace coin. really?
no guy said he should "shove it up his ass". then sued for millions. stellar character on that guy. your world must be a confusing place to live.
“poor redditors torn between criticizing a billionaire bond villain or an evil global corporations.”
just work at a place that offer grimace coin as commision.
she’s a keeper mate
he sold the wife and kids so he could keep the gf
do it. once a mainstream source reports on it… profit
me at my second rodeo: “this isn’t my first rodeo”
there fixed it for you. i forgot i was on reddit for a moment and i have to constantly edit to ensure that every word i type is politically conscious. how's it feel being what's wrong in this world as you defend a frivolous lawsuit? seriously. how dare mcdonald's serve hot coffee? right? i must say thank you for this interaction. my day did not feel complete until i triggered an npc into reciting from the hallowed book of ists and isms. good job on turning this into a political soapbox for your feelings.
i feel you, i wish something as promising as blockchain wasn’t infected by corruption and everything else that’s made it so political and such a wild west kind of tech but some things are worth the chaos
even though it’s a rug-pull there’s a lot more to talk about than this echo-chamber of clichés would lead you to believe.
memes are where it is at dude
in what world is calling out a billionaires publicity stunt vs being labeled a pedophile and being investigated by the billionaire equal? musk over-reacted, he can still be your idol and make mistakes.
actually said he could 'stick it where it hurts', if you're throwing around quotation marks. and then he sued for millions for *libel*, after one of the richest men in the world publicly accused him of being a pedophile to his 63,000,000 twitter followers, which i think you'd be inclined to agree is a pretty fucked up thing to do regardless of your personal bias towards elon musk. and then musk won the libel case because he argued that 'pedo guy' is just a normal insult in south africa (it isnt), and does not explicitly mean he is a child molester (in violent contradiction to the leaked buzzfeed emails where musk personally and explicitly claimed the man he was *just joking about* was a child rapist and married a 14 year old girl). nevermind the man in question is the one who was on the scene for days on end and actually *literally* helped save the kids, as opposed to musk, who turned up for a photo shoot then left. if you think that is a normal, justifiable and proportionate reaction then your wold must be a pretty brutal place to live.
ok, now that i have reread it, what were you getting at?
i agree that guy went off on you for the wrong reason, but this lawsuit is very much misrepresented, and that is probably deliberate on the part of maccy d's for pr purposes, that woman needed skin grafts because the coffee was beyond scalding for no practical reason.
what is blockchain used for other than crypto and nfts?
what more is there to say on this topic? we're talking about a bored billionaire with a massive ego acting as though another massive company needs him to eat their peasant food on tv for more publicity, which, in itself is a fucking joke. said company replies to that joke with their own. douche bags take advantage and create scam coin based on said joke and fucktards buy into it. what 'real thiscussion' do you want to have about it? the whole thing is one big joke.
all people make mistakes. the main mistake here is that you imagine things that are completely unsupported. you imagine that musk's involvement was a publicity stunt, but there is not a whiff of evidence nor any rational basis for claiming that. do you think that musk would be richer today if the "stunt" had worked out... lol. your whole premise is absurd. instead of confronting this truth you imagine that i am a musk worshipper and that he is my idol. i do not give a fuck about elon musk. what if it was not a publicity stunt? how has musk's reputation been harmed by unworth. what if elon musk was actually trying to help save those children? is it a-okay for unsworth to harm musk's reputation? which of the two lost more in the exchange?
it's pretty funny how you give one guy who impugnes someone's motives and reputation to millions a total pass and the other guy who did the same thing is irredeemably evil. funny.
i was getting at exactly what the comment says.
could be more than a nothingburger. maybe mickey d’s makes their own grimace shitcoin. speculating that this is part of a greater saga isn’t going to hurt anyone and it’s way more fun than a bunch of uncreative zingers. thinking small never got anybody anywhere significant.
tldr; almost half of the millennial millionaires have at least 25% of their wealth in cryptocurrencies, according to the cnbc millionaire survey of 750 investors with at least . meanwhile, none of the baby boomer millionaires has more than 10% in crypto, with 83% of american millionaires having none in crypto. the survey also revealed the generational divide among millionaires when it comes to non-fungible tokens. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
doesn't surprise me, crypto is likely the reason a lot of those millennials **are** millionaires
>“the younger investors jumped on it early when it was not as well known,” seems like if you asked them earlier it would have been closer to 100%. then they diversified after making some money.
that 50% of their wealth is now 25% after this last month
that number seems too high to me. crypto is not that mainstream, yet.
the other 50% is in apple store gift cards
all paiper rich baby, that is all we need because we all living in moms basement
milennial millionaires? i just turned 31 yesterday and i’m poorer day after day.
and boomers are invested in books, candles and horses
jesus christ do not tell them about my
before going on there and doing something dumb and impulsive think about what this means. what it does not mean is that you should go out and put most of your wealth in crypto right now. these people probably started with far less than half their wealth in crypo, but then their cryptos did well, making that investment become most of their wealth.
i wonder what % of that 50% are millionaires due to crypto in the first place, so it is always been in crypto
unpopular opinion on here most likely but probably not the best idea for the average person to have more than half your wealth in crypto. those millionaires are probably crypto made millionaires mostly, i would take some profits and diversify down if that was me. power to them though.
yea i certainly believe in cryptocurrency, but financially that is risky as fuck. not necessarily because of the long term prospects, but because shit happens, and you never know when you might need to withdraw from the market. and having 50% of your savings in extremely volatile assets is a dangerous bet. imagine having to pull out at 20k instead of 60k because you lost your job, got divorced, had to pay medical expenses, or any other random financially hurtful event. but i suppose risk is subjective.
that sounds incredibly dangerous. they should be like me and have 50% of my wealth in a rickety wood frame house in a violent, shithole rust belt city.
to clarify, they started off with a small percentage in crypto which eventually went up to be worth more than half their net worth.
yeah im wondering where else millenials would generate wealth as the old rich fucks just control everything else
the survey was of millennials with 1,000,000 of investable assets. if they have a million in investable assets, then they seem to be making some pretty good financial life decisions. i am surprised as the amount of trust they have in crypto. this is very good sign for hodlers. in 10-20 years this age group will be running most corporations. i suspect they will be bullish in crypto retirement and savings benefits.
i mean, what are the other options? gme, houses are .5m+ in my area, and 5% in the stock market a year on the pocket change i save every month means i can retire when i'm 300 years old.
*have -50% of their wealth, at least lol
more than a third of millennial millionaires made their million from crypto
i wonder how many were millionaires to begin with and how many became millionaires from crypto.
lol, dafuq he mean wealth.
those are rooki3 numbers. pump those numbers up. people told me to diversify too but i'm 100%crypto mofos. to the moooooooooooooonnnnn
millienals have wealth? this is news to me i thought we were all poor
as others have said, a lot is just on paper and i'd imagine they are taking people's word for it. people can say anything when taking the survey
aren't crypto the way millienials make their wealth? didn't a study just show that? so no wonder that the wealth stays in it...
all these posts are making me want to drop the rest of my net worth in crypto now
this just means millennial are poor. i'm pretty sure they would rather have affordable housing.
i need to do this just in order to get ahold of my student loans. getting an education in the us is ridiculous.
survey of 750 investors*, hahaha. reddit is a strange place. for reference and to clear things up: according to google there are ~72m millennials, and this survey runs a sample of ~750 people. which means this reflects less than .00001% of millennials. just thought i’d clear that up.
how bout this title? “most americans don’t have shit.”
“rich millennial” that’s something that isn’t quite common.
where else are you going to keep it? stocks? look at p. or what about fiat? seriously, name one country that does not turn their currency into monopoly money right now. precious metals are too illiquid if you want to do day-to-day transactions. real estate? overvalued.
why wouldn‘t you keep your money in a stable coin earning you 6% apy? if the bank might even charge you to hold your money
you know how to be a millennial thousandaire? start as a millennial millionaire and put half your wealth in crypto! \- billy "bitcoin" borchelman, millennial thousandaire
“i actually do not know any millennials who have a reasonable amount of wealth who do not have at least 50% in crypto.” haha jesus fucking christ. this is such a dumb fucking article.
i literally have 75% of my wealth in crypto. 10% in memeslayertoken 15% in safemoon 5% in bitcoin 10% in ethereum 20% in cardano 10% in aquagoat 5% in raven protocol crypto is just the smart bet right now.
i'm sorry, but as viable as crypto is, if you put more than half your money in it, you're an idiot. it's a huge gamble very much propped up by hype right now.
also, i think satoshi will be the worlds richest man when bitcoin is trading over 140k.
i hope i am gonna be one of those one day...
which came first, millennial or millionaire 🤔
idk this could be true, but a lot of these articles seem untrue to me. sampling bias?
i think this is very bad if true
these articles are such bullshit lmfao
i hope i can join the club as well in a few years . millennials rule !
that's actually pretty interesting, wouldn't have expected such a high percentage. i'm all for crypto but damn if 50% does not seem high
50% of millennial millionaires made their money by skinning cats under a full moon.
how many of these millennials became millionaires from crypto???
saw exact same headline this morning, but with word most of millennials...
i do. fuck it, not going to retire any other way.
can we recruit the boomers next?!?! that would triple the market cap.
because we don’t mind risk
wow. it suprises me. unless the way they made those millions is very early crypto bets, and keeping money in allows more tolerable drops (because they are still so far in profit)
if they think btc will be the next world currency, could you take all of the dollar value of the world economy, assets,etc and divide that number by 21 million to come up with the value of btc in dollars today?
so like 3 out of the 9 rich millenials?
2 of the 5 do, then?
its why they became millionaires in the first place.
i’m gen x poor and have very little in crypto, i should follow what the millennials are doing.
i’ve got 100% of mine in crypto, that’s .
seems like a lot tbh. i wonder how correct the #'s are.
not hard to get a third of your wealth in crypto when you are in the hole 80k from student loans
and the fact that the real estate prices are out of control means more are increasingly turning to crypto.
buy shiba inu coin, if you wanna be a wealthy person
so it’s not going away, 🤣🤣🤣?!?!?
are there enough millennial millionaires for that to be a group? like more than 10-20 people?
you spelled "had" wrong.
the next generation is going to have way more. i have my bets on oro for multistaking and ada to make the future
crypto newbie here, is there some kind of good to now investment tips in this sub?
this is tha way 😂
millennial millionaires sounds like an oxymoron
is the other 50% in gme or amc?
is there really any other way to become a millionaire in this day and age?
this is funny. i took a small percentage of my wealth and it increased so much it is now like all of my wealth. this can happen when you are poor.
i have no choice but to take these kinds of risks to get rich. generational wealth certainly is not going to fall into my lap.
i probably took this survey. have been so many crypto surveys lately especially relating to social media.
wtf are the other two thirds doing? idiots
that is kinda sad. our best bet is gambling.
i defaulted on my student loans and have been putting monthly payments into cryptos instead
seems weird to me. developed country. lots of geeky techy friends. almost all millennial... almost none of them have crypto. those that do are nowhere near to 50% of their wealth, and these are some lucky people who got into bitcoin in like 2012.
i’m a millennial hundredaire with 80% of my wealth in crypto, i’m open for interviews hmu
i'm sorry, have they all sold ? because if not i do not believe they have lost anything
yeah, i got .
bullshit. 50% is too much.
allot of gamblers, and fomo out there then.
this is definitely not true…
*invest in the future, not the past.*
>according to the cnbc millionaire survey of 750 investors with at least so... you only surveyed millennial millionaires who have investments, not all millennial millionaires.
well it sure did not start out that way lol.
ouch. having been extremely poor i like to invest in stuff i can live in if shit hits the fan.
if that was me at 25, that’s probably half a pay check 😂
if you call what i have wealth
i honestly don’t believe those stats.
i do have some crypto, but not anything close to 50%. around 5% is more accurate. here's how a random xer has his wealth. 50% land, rental properties and working farm. 20% gold & silver (physical us coinage) - there is a reason to only buy usd gold coins. 20% stock market. 5% crypto (bitcoin, etherium, litecoin) 5% cash (70. small amount of rmb for business) as soon as my cash exceeds a certain amount, i buy more assets with it. was it roy rogers who said, buy land, they aint makin any more of it?
also this survey - 99.99% of shibes on dogecoin subreddit purchased and holding dogecoin.
i have , so the title is accurate.
the rest have it in tsla
millennial millionaires in us: 618,000 so that is at least 206,000 with at least ,000 in crypto. which makes it at least .
so where do the rest have it?
no way, those numbers are way the fuck too high
is no one else concerned about this new money? where is this wealth coming from
ok selling everything i own and putting 50% in crypto
one of the nice things about crypto at this point is it can tank and you still have a job. when wall street gets screwy it reverberates through the economy. i do not think we see that yet with crypto. when your boss tells you he invests all his profits into shitcoins is when you panic about your job relying on the crypto market.
i (millennial) made my million in construction% nw in crypto regardless. there’s a lot of reasons to have crypto. even my older coworkers and clients (millionaires) are starting to ask me about it
some will be successful and some will be broke
>47 percent of young investors who own at least . same generation as them, but i do not think i'll ever have a portfolio of over . it's smart for these millennials to invest a large portion of the investment portfolio into crypto because they have a high risk tolerance, so they can reap the rewards in the future.
is there another way for a millennial to be a millionaire?
i'm glad i finally did some research and bought into the market now but man i remember talking to some co-workers a about 8ish years ago about mining ⛏️. we had no idea how badly we missed out on jumping in then. now almost 30 i'm correcting this!
all 7 of them.
a real progress bunch with big balls & small dicks lol 😂😂😂
facts this is the way
im gen z though
as money flows into millennial hands, crypto will only get more and popular! 😀
all .00 of it?
whoops, they wrote “have” when they meant to write “had.” 😭
millenial millionaires sounds cheesy af... like an excessively overdramatic reality show that is on a mainstream cable network.
where all the gen x millionaires?
more than 50% of my assets are in crypto even though 100% of my assets is not much
i have like 99% of my wealth... and it is just 1 usd
millennials are pushing 40 now. not that it changes anything, just noteworthy
hey remember that thing you boughtbought? it's now 50% of your wealth lol.
fuck...thats gonna hurt on the way down when china says "banned" no horse in this race, they are control freaks and would not let this become main stream.
why would that be "news" worthy? we are the generation that is in debt for basic things, we make minimum wage, we live in an overpopulated world with few job listings for a high number of people, we pay extremely high rent, we cant afford to buy a house and some of us can only buy used cars. conventional methods will very rarely make a millennial have a proper income, let alone make him a millionaire :p the only way to become a millionaire as a millennial is to gamble, gamble, have rich parents, take a very heavy loan and pray to not lose everything. literally none of those have anything to do with work :p
not surprising. i hope those millennials don’t blow their entire
not that i think it makes it any less legit, but how much of that wealth is in crypto, and how much is in their bank account?
makes sense, the younger you are the more higher risk investments you should make, the older you get the lower the risk you should take. millennials are young after all.
meanwhile, i'm at 40% loss even if i bought during this massive dips... :(
\*had fuck you elon.
it’s one of the few ways millennials w
i only bought crypto as a hedge against my bad luck. if i didn’t buy i knew it would moon, but if i did it would tank, so i only put .5% of my wealth in.
only a third? my gen is lazy.
in other words, we are still early guys
bout 60% for me.
do the politicians know this? do they really want to sink crypto and lose a generation of votes???
because they only bought a portion of it and blew up like crazy which is why its 25% of their portfolio
the question is if they made it through crypto
what choice do we have😂😂. college debts, houses prices rising, inflation. we have some many things staked against us. crypto is saving our future.
750 americans surveyed? ah that must be an accurate statistic then 🤣🤣
what happens when people don’t want crypto’s anymore. since they are not backed by any government. it seems as though demand is the o my thing that increases it’s value.
i wonder if they got their wealth when the crypto went up or are they investing now with their cash savings
i'd say about 80% of my savings are in crypto.
wait...millennial millionaires is a thing?
must be funny having around 5 dollars invested on crypto... 🤭
all right stop making shit up now
i am 80% crypto and 20% stock
more then a third of millennial millionaires aren’t actually millionaires
proper diversification is: btc, eth, tsla and amc. and some doge
third of millennials in usa*
okay cool, half of all the r. got it.
so, almost two thirds of millennials millionaires have less than 50% in crypto.
i’m an elder millennial, but also poor.
i rather read the bot’s tldr than the article…lol
not surprised in the slightest, but very good to see. young people have been so badly left out in the cold thanks to older people's voting patterns and then blamed for it despite working harder than previous generations. it's about damn time we got some wealth for doing jack
millennials are old enough to have wealth yet lol
why don’t you just say 1?
i feel like i see a different article with a similar headline every week. the only thing that changes is the percentage. i think last week was 30%
half of their income? so what like ?
more than a third of millennial millionaires would not be millionaires much longer
makes sense as i feel like most millennial millionaires probably made $$, crypto, or a combo of both.
i feel like this is misleading because millennials have no savings because the dollar is an actual shitcoin with no value while the price of living goes up. half of their net worth could be like 5k… now i’m depressed
a sample size of 12 isn’t enough.
60% of the time, it works everytime
holy fucking god?!?! diversify you chimps!
that’s a lot of avocado toast
damn they got .50 worth of crypto?
mee too. with only exception that i am not a millionaire... yet 😁
that's really not an accurate picture of millenial millionaires. skewed poll, subjective article imo.
i'm telling you guys right now that in the next decade, btc will be around 500k per share. if you work hard and hold at least 2 btc then you will he an instant millionaire by then. millennials goal should be to own 2 bitcoin as fast as possible.
more than 1 third of millionaire boomers. survivorship bias ?it’s kind of hard to be a millennial millionaire without crypto, inheritance, incredibly high paying job, a business, stonking hard
crypto is going to be a big part of the future. btc, eth, xvg, xmr, etc. even smaller alts are going to grow. it's not just stocks and bonds anymore.
i got 10 bucks in doge coin
apeu just laumched...tokenomics are crazy on this one! it just launched and is going crazy! get in now! thank me later this is the beginning of this coin and it is mooning already! be super early on this one. its on dex. eth is the only way to buy nowadays. forget bnb trades. get in now!!! ull thank me later
mines in something i can touch. houses.
those are rookie numners, you gotta pump those numbers up
more than a 99% of millennial, gen z, gen x etc wojak's have at least 110% of their wealth in crypto
the fact that 2
also 70% of the statistics are fake
and the smartest of them are securing the growth of their wealth with compound interest. if you’re thinking about doing the same, check out this [comparison of apys]( that features over 150 coins across 18 different platforms.
that's great! that just means that they are also into the adoption!
man, "millennial millionaires" words hurt me so bad...
shiba inu and sanshu inu to the moon🚀🚀🚀
bullshit, nice try bs bot
wealth? lmfao i have more in crypto than usd in my bank account. also it is so little i wouldn't fucking call it wealth.
demographics will drive mass adoption of bitcoin and crypto currencies by the general public in the years to come. for the next generations, bitcoin and crypto currencies will appear as the norm, not the exception. it is only a matter of time. in the coming years, we will see the greatest transfer of wealth between generations.
it’s come to this? i really think the baby boomers created the last generation.
after last month, it’s probably down to 25% of their wealth now
one of us, one of us, gooble gobble, gooble gobble, one of us...
not a surprise, crypto has been growing like no other asset.
83% are not jumping in the water, why? why would they buy a possible top. they might be waiting?? i mean lightning striked twice now, they should see a pattern by now.
millionaires? i’m a millenial with half my wealth in crypto, all !
i'm not surprised. they want to preserve and multiply what they have.
if they are putting their money into crypto, so am i. except i go 100%!
but more seriously... this is the way!
50%!? gotta pump those numbers up. those are rookie numbers.
i feel like if you’re a millennial millionaire, crypto historically was one of the few over represented ways you went about it. as a boomer, or in the general population, there were a lot more paths to become a millionaire in your lifetime.
you only have to be right once...
a bit less than two thirds of millennials are broken
we could also read it this way that millennials are much more likely to be successful by doing some unconventional business. we see less and less of millennial made their first million by doing what people did 40 years ago. and part of the unconventional is crypto. it makes sense. it’s just like saying people in their 60s have x% of their retirement fund in government bonds or similar low risk investment and much higher than younger people. does it mean they older forks love low risk? no it’s because they are supposed to go with low risk at that age.
33% have 50% of their money in crypto... think about that...
50% of their wealth in crypto. wait. 37%... wait. 12.6%...
lol no they don’t
cause it is sound money.
i hope people take advantage of their other tax saving options as well... else...uncle sam is just grinning.
how did they manage to get a hold of all these people?
can confirm: i am a millenial and have millions of satoshis
yes my small fortune of 'll retire from unemployment
🤣🤣🤣🤣 some of these comments are hilarious
the only applies to people with at least "investable assets", which would exclude business and property. so you're really only left with shares or crypto
this is simple. cryptocurrency is a high risk slot machine that babyboomers do not have the time to recoup losses on. millennials are willing to take risks. btc is a terrible “investment” when in truth, it is not an investment at all, its a straight gamble.
what 'bout the remaining 50%?
a third of millenial millionaires so far*
i have over 50% my wealth in crypto. does that make me millionare?
crypto dropped by 50% last month so that 50% is now 33% of their wealth
it depends on the region they sampled the millionaire millennials from
if only i saved some of the btc i used for drugs back in the days, i could be in the list
they started with a small percentage in crypto which went and now it is worth at least 50% of their wealth
those millionaires are probably crypto made millionaires mostly
seems like the way
theta will make a lot of millionaires
try out fruit slots with up to 288x payback on
i hope crypto gets fucked... its cheating as far as i'm concerned
lol. we're also well trained to not sell. so...my dear institutions and banks, either put the money back in and we all grow and prosper or you keep us trapped and we do not spend and slow down the economy ...and you will feel it.
hmm sounds like i have to pump my numbers up.
i have 90% in crypto
fud bullshit. you do not lose anything unless you sell. also... millennial millionaires? something tells me the real data behind this article is that millennials have made millions in crypto, and when the crypto market is down, this articles author pretends this represents a principle loss, whether they are still holding or not. this article is pure fud. pure bullshit.
itt and every topic talking about "millennials" not realizing most are well into their 30s now. of course they are gonna have *some* money
who would believe that ?
the wealth gap between the young and old is larger than ever: it seems that until cryptocurrency, whatever made the younger generation money, was smeared by the generally older establishment, and made illegal. the gig economy letting young people crack into the labor market? thanks to the establishment media, and articles like this: it is being banned in many jurisdictions: [vox media to cut hundreds of freelance jobs ahead of changes in california gig economy laws]( airbnb letting the young make money subletting their units? after an effective astroturfing campaign by the hotel chains, many cities are banning it: the sad thing is, these bans are largely supported by the young. now the young support the democratic party, and left-wing demagogues like elizabeth warren, while warren calls for suffocating regulations, if not an outright ban, on cryptocurrency.
> almost half of the millennial millionaires have at least 25%... > 83% of american millionaires having none to me this sounds like the subcategory for millionaires that were millennials is very small... potentially too small to be usable. the article says “almost 47%” which makes me think it sampled 15 millennials and 7 of them answered 25%+
honestly exciting that 83% have none so far. quite a lot of room for crypto to grow.
so tldr, cnbc only interviewed investors. shocker that some of them had crypto. now interview 750 rando's.
also from the survey: "nearly half of millennial millionaires surveyed own nfts" how did they pick the surveyed?
millennials are millionaires!? wish i got the memo!
this is likely the answer, but it also shows that maybe they do not quite have a grip on the inherent risk. either that or they are just risk tolerant as hell.
investing in crypto is risky but can be very rewarding.
but, are those millionaires millennials still renting or living with their parents?
and they probably couldn’t afford a house
right. it's not like we've given them any other way to build wealth.
that's the secret to becoming a millionaire.
it surely is not real estate haha haha hah 😭
right. far more surprising quote, "over two thirds of millennial millionaires got rich without crypto. find out how with just one click"
and they might be hodling because of taxes.
exactly! interest rates yield you nothing at the bank, bonds are not lucrative anymore, most cannot get qualified for a mortgage for property due to money or credit. so crypto is the next best thing!
i would really like to see some research, and actual stats on that.
i hope to be a millionaire millennial. crypto has definitely been a huge leap in the right direction.
the real question is how many of them were already millionaires before buying into crypto. if it is all trust fund kids, having big inheritances, coming from rich families in general... it makes a huge difference. it's a big data point that is missing from the survey and quite frankly makes the article clickbait at best.
there’s lots of salaries that make 32 year olds millionaires with even just mild money management available... this doesn’t check out for me at all
probably the only way any millennials are millionaires, other than getting a small infusion of one million dollars to invest...
half is a huge amount though
how many people lost money on the other side of this? this is not creating wealth, it is just rethistributing it to the lucky and those who have thisposable income to take a risk with right now. only when cryptocurrency projects are the backbone technology of actual commerce will this benefit all of us. until then it is just speculation, and it should be treated as such.
yeah, there aren’t a lot of people on this list who made their money via more traditional routes and then decided to sink half of their wealth into crypto.
yeah exactly there’s not many legitimate ways for our generation to amass wealth. you were either born wealthy, or mined bitcoin 8 years ago, and didn’t use it to buy papa john’s.
yeah i do not see any other way tbh
and also they are kinda 'schrodinger's millionaires', because as soon as people start actually selling off their crypto the value drops.
crypto millionaire* you're not a real us dollars millionaire until you cash out into us dollars
i see it the other way. if you spend , you might have gone from 5% crypto to 50% crypto (or something).
which should not be as encouraging for crypto as it is terrifying for millennials. the fact that you cannot "make it" in traditional industries tells you that those avenues of wealth generation are largely closed to younger generations.
depends on where they accumulated and where they sold. some may have sold near the top. dont forget stable coins on binance or a dex earning 7%apy counts as "in crypto".
actually 33% to be precise
let's do some math here: 50% crypto : 50% other asset -> crypto halves so portfolio becomes 25% crypto : and 50% other asset -> new headline should be corrected to > ...have at least 33% of their wealth in crypto.
but now it is back up. give it a solid 5 years. either 0 or 100 for pretty much all these projects.
i feel this on a personal level. but hopefully over time, it will pay off.
this is what’s known as a halving event
only if you jumped on the hype train. for the many of us accumulating since the 2018 crash we are still doing very well.
report for "i'm in this post, and i do not like it"
buy the dip sell kidney whatever
that's a wrong quick math, it will be almost 33% if crypto wealth is halved
they surveyed a small sample of 750 millionaires from cnbc. probably some selection bias from that alone. > nearly half of millennial millionaires surveyed own nfts that's pretty unbelievable even for a cnbc survey.
i'm guessing millenial millionaires are not a super large group of people. millennials are roughly between ~25 and ~40 right now, and given the state of wealth inequality, i'm guessing they are far less likely to be millionaires than someone who's 60.
as the comment above said: it is likely that the reason that they are millionaires is because they bought crypto years ago. then they cashed out but kept enough crypto to still have half their liquidity in those. it's basically just implying it somehow the other way round.
yeah. this is anecdotal; but the only millennial millionaire i know does in fact invest in crypto. however, it is not anywhere close to “at least 50% of his wealth”.
also, if you’re a millionaire i would not be inclined to put half of my net worth in crypto. it wouldn’t surprise me that they asked how much of your available cash is in crypto because i would definitely expect these guys to have a much more diversified portfolio.
that was probally a poll on a internet page
you guys have a basement? i only live on the couch.
mfw mom would not let me redeem good boy points with crypto: 😥
millennial hundredaire hoarding all my wealth in my mini-mansion aka mom’s garage . fuckin winning. not trying to flex or anything .
2 cycles riding a reliable shitcoin with maybe around 10k capital to start with and you're at 7 figures take it from my millenial first hand experience.
don’t forget butter churns. no boomer portfolio is healthy without a few of those
this! please accept my free award for the wise words 😊
these are millionaires were talking about. i do not think that they worry about the same things you and i do.
iv said since about 4 years ago that crypto is probably the safest investment one could make. i still believe that, and what it sounds like is the argument you’re making is what if you have to pay off debt. you gotta have your bases covered. the money i invest is not money i need or will be needing, just like money in a 401k. you don’t plan on pulling it out until you get much older.
emergency fund. if you learn to separate the two, then you can answer your own question here.
having 50% of your savings in any one thing is a bad idea period.
crypto is probably the only reason they became a millionaire.
why would i have to sell my crypto instead of my index funds if i had more than a million invested?
job and divorce have lower returns than btc and eth
so its the present
old men to be exact
i'm at my starting point as well and keep adding little by little each month. one day it will be half of my net worth for sure
ever heard of trust fund kids? lol
you must be a fellow canadian
you diversify to preserve wealth, not make it.
why not 110% you’re holding out
a little diversification wont hurt.
used to be rich. blew it all on avacado toast
but i’m a 🅱️ased zillenial 😫 also, 120 moons?! 🥵
so just put it in a meme propped up on pampered trust fund babies and the hopes and dreams of a couple morons who got lucky.
i hope your joking lol
rather you than me with that portfolio
i would say it is a smart bet until 2140 when the last bitcoin is mined.
woah, perhaps stick to less risky investments. i do not think many of those coins will survive, probably none besides eth, btc and ada.
this is the nature of risk. you're not a millennial millionaire i take it.
safe boomer speak... either crypto goes to 0 or 10,000,000. i intend on not working after 35
any wealth is a good wealth. that 😊
i'm personally waiting for joeyscrabshackium to ico...
it's important to manage risk but you do not want to ignore risk calcs and just go zero risk because then you are just throwing away potential investment earning
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land is not a great investment. illiquid and there is liability and the returns may not even be that great depending on the location and what the county decides to do or not to do.
survey - 100% of tesla employees work for tesla.
yeah, and for some people like 100% of their portfolio.
why, when it’s going to ,000. it’ll be worth basically, nothing.
why would i thank you??? appears very much like a scam at the very least.
gen x made gen z soooooo
and... their sweat and tears of esports...
so what was originally a 5% holding swelled into 50%
it's nothing more than the stock markets. that's it
most people that are millionaires are that way either thanks to massive inheritance, a very successful business, or long term savings. all three of those imply age or time has passed. so by definition millennial millionaires will be very rare compared to any other generation.
millionaires by what currency? i have 1 mil doge.
on an nft millionaire reddit page.
i do not quite understand spending 20 eth on a pixelated kitten...
i do not think that is that crazy. if you're that wealthy and that young the idea you'd take a swing at something new and speculative like nfts makes sense. they do not care if it ends being worthless, they have plenty of money.
suggests everything is made up, for sure.
they got money to spend of stupid and useless things like nfts, so not surprising.
these numbers are so bogus. too bad real reporting cannot be done on it
i missed out too damn!
yeah no, i'll believe it when i see it
when you’re young you can and should take more risks
millenials (including me) went through a bad 2008 recession right when careers were starting. didn't invest or trust in stocks and instead chose crypto and did kinda ok. i lost a lot in 2009-11 in stocks. the whole system is messed up and i do not see stocks as safe, just manipulated by hedge funds as the govt. having said that, i have stocks too but i still also have my feelings towards them.
i think it is easier to take a ton of risk when you won a lot of money easily rather than struggled to earn it. the cash i earn at my job is carefully invested with very little risk, but when it comes to the 20k i made on crypto (mostly by luck because i just bought at the right time) i'm way more risky in my investment. i'm guessing if i made a few millions on crypto i would probably leave at least 50% on it. i do not need more than half a million to live comfortably anyway, so who cares if i lose the rest.
easier to be risk tolerant when we look at the future presented to us. if you have your first child today there is a decent chance that your child and their children will be the first generations to die not primarily of natural causes, but climate change related events.
or they do not view the risk the same way others do. also your comment on a market that halves itself occasionally is cherry picking. it also consistently doubles or better when viewed over more than 1 year time frames.
you am not rich until you sell though. .
millennials for the most part have only seen raging bull markets since they became of age for investing. stocks, real estate, crypto, have done nothing but go up huge since the 2008 lows. you can thank the fed and every other central bank for zero interest rates and tens of trillions in liquidity to prop up global markets after the real estate crash in 2007. let’s see how well millennials and everyone else does when (if?) the fed ever stops flooding the market with cash and allows true price thiscovery
crypto has been growing like crazy. the bigger risk is not to have any investment in it really. problem is that the short term swings are deep and long. if you need the money in a few years it’s a very risky place to park it, but over the long term is great
yeah it seems a silly way to keep 50% of your wealth, why not just keep 20% in crypto and the other 30% in house share properties
the one i know is living in mom's basement
true - far easier to “yolo” when you have no fear of covering your rent and food next month.
it’s a liquid asset which can be measured in usd…. you don’t call millionaires with stocks, “stock millionaires”
i bought in 2017 with 1% of my net worth. held, and now it’s 50% of my portfolio.
this, for sure. most people that have been in crypto since 2017 or earlier most likely started with 10% or less and it’s grown to 50% or more whether they added to their investment or not (as long as they hodl’ed)
you can absolutely make it with traditional investmentments. you just need more knowledge to find the good stuff and, not so true anymore, more capital to get started.(0 commissions really helped a lot to get people started).
well, millenials are mostly still in their 30s and it takes time for stock portfolios to accumulate . just because you're not a millionaire by 40 does not mean you cannot "make it".
they cant make it in traditional industries because they dont put the effort in, everyone wants something for nothing these days. its hard to motivate oneself when you believe everything be free and easy.
i don‘t even believe half the millionaires subscribed to r.
that number is very unbelievable.
cnbc has a hardon for nfts. they literally advertise their own nft sales on air every day. this is a self-report.
it's all about who got lucky enough to be on the wealthy side of the thissappearance of the middle class, for whatever reason.
it's 100% is not it
i know one millionaire who’s 24, his wealth is likely around 90% crypto.
the crypto millionaires were made millionaires by crypto. they didn’t make a million dollars and then one day decide to put half of it in crypto.
i was unsure what mfw was, so my mind immediately went to “my fucking whore mom” until i googled it. 😜
my full capital is less than 2k and i have no fucking experience trading with shitcoins. maybe that’s why i’m not a millionaire.
if i had a million dollars and half of it was in cypto, i'd still be pretty damn worried after this past month.
a safe investment does not lose half its value in a matter of weeks
no one said they were. but they are part of net worth.
their future seems to be our present, which is why we say they are living in the past
no, this shows how much i believe in blockchain and smart contracts. and nothing can stop it from blowing up. it's the fastest train to riches.
i'm limited by the math of my time brother. ⏲️
haha no it is not. the sample set is tiny and is absolutely not reflective of the general pop. no one with any sense has more than have of their wealth in a speculative crap shoot.
this sub has become a circle jerk and a haven for third of millennials, and they thrive on 50% misinformation, so makes sense.
i'll take it, thanks.
>r mine is. i have farmland in the philippines. we grow everything from rice to onions, garlic and ginger. my rental properties paid for themselves in less than 8 years. my rice farms make what i paid for it, every year. if that is not a return, i do not know what is. we have condo's also. one in singapore, one in manila and on on guam. the sg condo is leased for 3 years, but we've lost on the manila condo due to covid not allowing ausies in. i'm currently staying in my guam condo while covid is going on (wanted to be on us soil during the pandemic). they want you to believe that land is not a good investment, because they want to move people off of ownership and onto a rental model. listen to the world economic forum thiscuss it. "you'll own nothing. everything you want, you'll rent". property ownership is where wealth is created.
good one. it's okay man, you stay where you are in life. :)
check tomorrow and then fud
uape is super early. last night it pumped and all the whales that were in it for short term left. now, only ones holding are in for long term. 🚀 chart: webpage: 🦍🚀💰get in now and reap the benefits. 🦍🚀⬆️ liquidity is locked. whales are gone. coingecko has been applied. . and this is super early and ready for takeoff. be early and reap the benefits of this moonshot waiting to happen buy here: liquidity is locked. whales are gone. coingecko has been applied. . and this is super early and ready for takeoff. be early and reap the benefits of this moonshot waiting to happen yes, im shilling my investment, but im giving you a window of opportunity to get in on this. you would do the same if you did your research.
well, gen z. last letter of the alphabet. maybe they won’t make it out
$.05 doge buyer ¯\\_(ツ)_/¯
this bot slaps 👋 🤖
i have 8 mil shib
uh, by dollar equivalent?
let me just liquidate that nft for some food aaaannnd i have no buyers.
those are the best. i get a lot of dm invites to those
this is most likely the correct answer
that seems low then
now that makes sense. these polls are sketchy af
it really is one of those things that makes me feel old and out of touch. like pet rocks, but somehow less than a pet rock. at this point i just assume nfts are for money laundering, but then like the doge jpeg sold for a few million so i have no idea anymore what's going on. and yes i know it is not a jpeg, it is a unique jpeg embedded into a blockchain. just like pet rocks are not rocks, they are rocks with faces drawn on them.
i would permanently walk around with a pixelated face for 20 eth
if you had 10,000 eth would you think otherwise? i know i probably would. also, i myself wouldn't spend 's on an in-game skin for a game... yet there is an entire ecosystem built around that exact concept. people spend their money in different, and often "nonsensical" (from your viewpoint) ways. i find it is a lot easier to just say fuck it, and let them do so without criticizing, if only to avoid becoming that classic "old man on the lawn" type of caricature. older generations frequently misunderstand new tech. it's no different with crypto, nfts, and associated things.
>i do not quite understand spending 20 eth on a pixelated kitten... the feeling of ownership
seems like the overall opinion of nfts on this sub does not stretch much beyond "bullshit, overpriced art". which is foolish and depressing. nfts have so much potential.
and 50% of your savings in a market that regularly cuts itself in half is beyond that.
meh...should always use condoms and pull out. that’s not worth the risk
not all risks are equal
> when you’re young you can and should take more risks it's funny, my coworker is old (relatively speaking) and started late so will say things like "i'm old, might as well go big or go home" to explain why he is perfectly happy with big risk investments since it is the only way he sees to make a big difference in the short time he is got left to invest.
>when you’re young millennials are not that young anymore... they are like 30-40.
yeah, i left high school right before 9. got on my feet then '08 kicked my dick in the dirt. i'm sure everyrhing will either be fine or fucked by the time i retire. it's a coin toss i'm taking at this point. i have a pension, very little 401 but working on that, social security if it is still around, and now my fun account in case i'm smarter than the people running the others. i'm in cryoto before them so we'll see how that plays out.
hmm, millennial and that’s exactly how i feel about stocks as well, my net worth is still only 30% in crypto but i have zero stocks.
>the whole system is messed up and i do not see stocks as safe, just manipulated by hedge funds as the govt. i am pretty sure it is the same for crypto tbh. probably even worst.
s&p 500 was up 26% in 2009, 16% in 2010, 2% in 2011. i do not know how you f'd that up, but maybe you are doing it wrong.
right, so instead said millennials trust crypto which has absolutely no regulation and allows for billionaires overseas if desired to pump and dump if they wanted. ...
if i made a few million because i lucked into an asset that had exponential growth while working for normal wages i would be scared as fuck to lose it. it may be “house money” or not earned or whatever. but the chances i invest in another asset that grows exponentially is very small
unless you're in moldova, i'm not sure we have the same idea of living comfortably.
yea but who says they are just living comfortably. most americans live beyond their means, especially when it comes to savings vs net worth.
it's easier, but that still does not make it financially responsible.
> but climate change related events. such as?
exactly, but what if shit hit the fan and you needed cash during a down year? that's why the volatility translates to risk.
a high crypto percentage makes sense when your house is paid off regardless of how valuable the house is. a modest house with lots in crypto is going to perform better than an expensive house.
i've never run this calc, but you've convinced me to!
i bought in 2017 too, with 90% of my net worth. it's still 90% of my portfolio, but it is just much bigger.
stock market returns have been pretty good in the last decade and index funds are more easily accessible than ever, so it is not clear to me why you would need more knowledge now then in the past? it just takes time for invesment portfolios to grow, and baby boomers obviously had a lot more time in the market than millenials.
it also takes *time* which people who are only just now turning 40 haven’t had.
i doubled down and tried to keep that 50% but now it went to 100% because i have no fiat left.
really?? you can get some very cheap now, you can also mint yours on polygon. now having valuable nfts is another issue
seeing that makes me question the legitimacy of the whole survey, with how new nfts are, it seems kind of unbelievable.
true but at least people are invested in crypto.
i started with . also had no prior trading experience, but you can always follow the hype or search up some new shitcoins backed by something important. i did that with icx, vechain, neo, and some other crap. nothing scammy or too low mcap or too good to be true etc. in other words no complete moonshots without a lick of any real world fundamentals. even just riding bitcoin is not bad at all
a fool knows the price of everything and the value of nothing
i'm living in the future so the present is my past, my presence is a present, kiss my ass
so when will then be now?
my mind is blown
yolo is the way
tell that to the shitcoin millionaires mainly doge. majority of those guys invested less than a thousand dollars which is for most people is just a tiny bit of their savings, fast forward to the great pump and moon and that few thousand dollars is now a million. yeah sure some of them cashed out, moved to more mainstream ones but yeah majority of their assets are still in crypto. mind you that majority of these crypo "millionaire's" wealth are the gains from the bull runs, which overtakes their total net worths resulting in their wealth to have crypto as their main assets.
yes it is. if crypto is a crap shoot why are you here commenting?
that's a business lol not just land
they're referring to a trend where people desire to own less overhead and less depreciating, maintenence requiring assets. they instead want to put their investments in highly liquid low maintenance assets.
excellent. i also have 1 million namibian dollars.
after the whole wsb and gme thing, reddit is the new hot source for finance articles.
millennial millionaires is an oxymoron
it's also a speculative financial vehicle to hedge against inflation. no different than earlier generations spending millions on paintings that they stick in a safe and never intend to hang on a wall.
can’t really use them for money laundering. their data is recorded in a public ledger.
hell i’d pay to have my face permanently pixelated. can’t be ugly if they can’t make out my features!
im not criticizing those who have bought a crypto-kitty i just could not justify myself ever doing such a thing. there is cool nfts too...
yes im sure thats exactly how folks who bought them feel... actually i feel that way when i buy food for my kids.
>nfts have so much potential. sure, but most of the things people are "investing" in today *are* random art and rich people putting their name on shit that will have very little actual value.
it’s ironic because the reaction on this subreddit towards nfts would be the same reaction boomers have towards bitcoin. ‘i don’t get what’s the value in nfts and jpegs’ is basically the ‘similar’ argument as ‘i don’t get the value in bitcoin and fake made-up digital money’
when you've been in it long enough, 50% drops are not enough to make you feel bad about 8000% gains.
charlie munger himself said, “if you cannot stomach 50% declines in your investment you will get the mediocre returns you deserve." it regularly cuts itself in half, it also regularly jumps by 1000% in a run. the math works. i keep a healthy balanced portfolio, generally speaking. about 4 years ago i decided to make crypto about 5% of my portfolio, but since it was in a different brokerage, i could not rebalance. this year it was worth 75% of my portfolio. granted i did get lucky and rebalance at the top, but still a 50% drop wouldn't have hurt that much. it would still be massively out-performing my "responsible adult shit".
it’s still the best performing asset by far...
i thisagree, take risks when you’re young as you have substantial time to recover if something goes wrong
are you implying that being a 500k-naire isnt as good as where they would be not taking the risk?
it’s that subset of people that will either get rich or lose some money in their 20’s and 30’s. that’s a good risk to take
so long as you retain solvency, it does not matter how many times it cuts in half, so long as it recovers. hell, i appreciate the red days because that is a buy day. something like the s&p500 is the absolute worst thing for young people to invest in.
not millennial(gen z), 100% of my savings are in crypto. nothing to lose only way is up
i mean it’s already fallen 50% and low enough at the moment where i feel confident putting a good portion of my internship salary into ethereum. i definitely wouldn’t have two months ago.
these millennials have serious balls.
says the not millionaire
it depends when you started investing. if you started with 10 or 20 % of your savings in 2017 then this is just an investment that has grown way more than others in different markets.
more like 25-40, and keep in mind crypto just shot up. i don’t think these people put 50% of their assets in crypto, it just grew to be that way
ya my thought is that we are early enough in crypto make it matter. like real estate of the 80s through now
jealous of your pension
in some ways it’s worse, but in transparency with regards to the currency amounts it is impossible to game on chain. also, ethereum smart contracts give much more assurances to the validity of the contracts and security of the funds inside that my bank, brokerage, and government cannot. ie: when i take a loan on maker dao then i know the protocol isn’t going to work behind the scenes with ethereum miners to secretly lend out my funds locked in there and naked short my collateral against me for free.
surprisingly i trust it more
well i would be scared to lose it all of course, i would place some of it in more secure investments. but i wouldn't be scared to leave 50% on a risky asset. in other words, if i make 2 millions in bitcoin because i made a lucky buy, i might as well keep one million and let the other ride.
i did not mean retire comfortably. with half a million i could buy a flat & put enough in a retirement & savings account that i would not ever be worried about money while i keep working like i already do. and even without a job, i live in france so it is not too expensive. a nice mid-range flat in my city goes for 100-150k, i do not need a car, i probably spend around 5k a year in other bills and expenses (that includes food, phone, clothes, heating, insurance etc...), i could make the remaining 300k last 60+ years if i go full frugal. probably more like 30 years if i splurge on some stuff.
well i'm guessing if they are millionaires, they probably live pretty comfortably. can they sustain that lifestyle is another question.
true, but i think that the state of the world through the eyes of young people may be such that risky investments and an "all or nothing" mentality are more common than one would assume of the given demographic. edit: i think millionaire millenials are far more likely to have a "fuck it" mentality than their older peers, especially if they made their money through something as risky as early crypto.
imagine thinking you are being financially responsible by not keeping 50% or your wealth in bitcoin...smh, i guess you'll all learn the hard way.
just one example of a climate change related event that will likely change the world as we know it for the worse, would be the mass exodus of people from coastal regions that will be under water in 15-20 years. we're talking well over a billion people forced from their homes in what will be an incredibly short amount of time. people have talked about florida going under water for years but it is actually closing in on us now. the impact to the global economy will be extreme and governments all over the world will be struggling to deal with the greatest refugee crisis in history. it may be that when the time comes we've miraculously developed the methods of dealing with this issue and many others, but its just one of many things that will put great strain on human civilization in the not so thistant future. we're well passed the point of preventing the dangers of climate change, now we can only hope that the best and brightest of humanity will be at the helm to deal with these dangers when they manifest. edit: just so i do not get nitpicked, most of florida would not be underwater but some of the highest population places such as miami and fort lauderdale will be. it's not like the whole peninsula is gonna be in the gulf in 20 years.
can you point me to the market that gives any reasonable returns where there are no risk of short term drops? the down years are still up overall as long as you had enough time in.
i mean to build a property portfolio, not buy a big house but buy houses to rent out which is a lot more stable and with covid, at least in the uk, houses have gone up 20% in the last year. that’s massive and way more stable than crypto which, hopefully it doesn’t, but could drop to nothing in the blink of an eye.
there is not an asset that you could have bought in 2017 that would have had the same growth as crypto has seen since then. unless 90% of your crypto is a shitcoin or something
where are you minting on polygon, opensea? another question, since they are non fungible does that mean they cannot be transferred over to the matic main net to the ethereum main net?
i can understand crypto. but i'm totally confused about most nft sales
care to elaborate or should we just accept thy worthiness me lord?
haha you sound like a nut. if they do not get out of those shitcoins (listen to that fucking name) then they are not going to be paper millionaires for long. also, you'd have to buy .
this stuff keeps getting pushed to the front page. also, the value of cryptos (especially if you're picking a specific coin) in the current bubble is an obvious crapshoot, but i like the underlying tech and definitely believe that blockchain has a clear future. the fact that doge is at an all time high, while anyone who takes 5 minutes to read about it can understand that it was literally created to guarantee continuous devaluation, is a good illustration of the state of that market as a whole. most importantly (if this is not a cult) you should welcome thissenting voices.
if you do not generate revenue from it, it is a liability, not an asset.
what they want is to move people out of rural areas, and into mega-cities. agenda 21 and the latest iteration agenda 2030 thiscuss it in great detail.
here’s hoping! although, it’s *now*, not .
this bot be melting
this bot flaps and sucks
i got some seashells too yknow
because unlike any other news source, bullshit can be easily called out and thiscussion can take place allowing for you to better form an opinion rather than being force fed someone’s opinion that had to be approved by an editor w an agenda.
i feel like every third finance article is some variation of "wallstreetbets army eyes new short squeeze target, "
i didn’t hear no bell 🚀🚀🚀🚀🚀
i sold around ,000 of ethereum at that's ignoring the other money i made in crypto earlier and my stock gains. do you know where you are?
the point is you can hang them in a wall at any time as a function, even if they are in the safe. they are worth that amount because a museum or collector that does want to hang it on their wall will pay more than that over time. and unless decentraland or something similar becomes standard, it will be worthless for that function. you can use it for online content, but a painting can do **both**.
fair enough man. there's plenty of people in here just ripping the entire concept of nfts. thought that is more what you were doing, my bad.
yeah, it is called early days. the internet was hilarious and dumb in the '90s too.
and this is how people lose a significant portion of their money. nothing is ever guaranteed to go back up. it might never come back to the high, or can take many years to fully recover
well for one, crypto has higher than 50% drops, and it also happens every few years, not once or twice a century like referenced in the quote. it's easy to sit there and say from a profitable position that not diversifying is smart. if you bought bitcoin at 10 bucks, it is true that you do not have to worry about diversifying to not lose money. for the vast majority of people - they would not be getting good positions. it's essential they diversify to manage risk. most people lose money investing, and it is because they are more focused on making money than securing it.
oh yes mr. “bitcoin is rat poison” himself hahaha
that's all irrelevant when you have to go 6 months without a job, go through a divorce, have large medical expenses, all the stuff i already listed. if those things happen at the bottom, you're fucked.
you’re really measuring success of an asset class by performance over a single year ?
by that logic i could claim land was infinitely better because it used to be free. your careful selection of dates is what makes it seem better. hundreds of thousands of people (actually likely millions) lost money due only to its volatility. that volatility could have been managed and they would be in the black.
if you’re over a million though it might be time to rebalance. you’re not going to recover that much for many years unless you’re already making an amazing salary. we’re at a point in crypto where the risk has already paid off for many. for those, maintaining that amount of risk might not be wise.
how could you recover if you had to sell all your assets for a loss? that's just called starting over. sure, it is not the end of the world, but there are much safer ways to get rich.
no it is definitely better. but that is like claiming the guy that won the lottery was financially responsible when he spent 50 years buying lotto tickets just because he is rich now. wether or not something is financially responsible can be somewhat evaluated by it is risk, e.g. how many other people became millionaires vs lost it all.
i’m a hundredaire myself so 500k-naire would be rich to me.
it's not. but that is where we differ. i'd rather invest my money in a way that comes much closer to guaranteeing comfortability later on in life. if you leave your 30s with no savings because you lost it in crypto you are almost certainly not going to retire "comfortably".
theres a hoard of academic research showing that its statistically unlikely for anyone to beat the market on a long term basis, so no, in fact the s&p500 is one of the better long term investments. especially when you consider compounding returns.
> so long as you retain solvency obviously the entire issue is that you might not. you might *need* cash because shit happens in life. if you need it during a slump, then it absolutely matters that it was cut in half.
your mom does not seem to mind.
yes, no doubt that a . i thought you meant you could hang it up and life in luxury. i find young people all the time thinking they could coast for life on . probably . .
>a nice mid-range flat in my city goes for 100-150k new yorkers crying
that's why i said "just living comfortably", as opposed to extravagantly. average americans way overspend. thus they are far more vulnerable to financial hardship, making savings even more important.
i agree they definitely are. i'm just not so certain that it will work out for the majority of them.
seriously, if you're not full in with most of your wealth in crypto you will cry in a few years
do you really believe florida will be underwater within two decades? or will it be more fear mongering come untrue.
funny, people said the exact same thing in the early 2000's, even gave the same timeframe. almost like it is just political fud.
its stable, but crypto does better. bitcoin is not going to 0. neither will most other top coins. its just waiting till next leg up, and they always come.
all it will take is a few governments banning it altogether. didn’t china make some noise about this recently?
i used coinvise to try it out, opensea is already up?? im not a nft person so idk all the sites out there, but i remember reading there a couple of sites on polygon. idk if they can be transfered
things like cryptopunk and other collectibles exist for millionaires to stoke their ego publicly. as well as with things like nba top shot as well it’s not unlikely that they own some moments.
what crypto are you invested in?
not all countries charge tax for crypto, not all people stays on shitcoin and also doge is just an example. if you brought . doge is just an example, you must be new to crypto if you do not know shit about the etherium and binance smartchain ecosystems, not to mention scammer developers who made thousand if not million dollars in shitcoins. we are not talking about the legibility of projects here, we are talking about how people who have a few hundred or thousand bucks managed to make the majority of their portfolios grow and be called crypto millionaires, that is why majority of their wealth is in crypto. you're the nut here because you cannot see the whole space as it is. oh, did i mention futures traders too? yeah, holding and putting big money is not the only way to make millions in crypto. you're view is too small.
you make it sound like buying . 5 months ago i bought doge at 3 cents (only a few hundreds, am not rich) and the dogecoin subreddit had a million subscribers (3 million now) to it then. it’s not surprising you see dozens of dogecoin millionaires coming out as that then.
doge isn’t at a all time high and no community should welcome uninformed, incorrect thissenting voices
that's incorrect. what'd you read rich dad poor dad or something?
if i have 10 million dollars worth of gold for example and the bank writing my mortgage loan asks what my assets are i'm supposed to just put zero since you do not consider 10 million worth of gold an asset. 😂
yes urban environments are much better for the environment compared to an urban sprawl where we lay concrete across forests, rivers, etc. high rises are much more efficient and there is typically less commute for these people. having people commute 45 minutes to work and then 45 back home 5 days a week is unsustainable. despite all that i personally prefer living away from city centers and i'd never live in a condo or high rise
funny, tell me about the dds that tell you to continue holding?
and nfts can be hung in digital frames in literally *the exact same way* that you just described traditional artwork. anyone that claims the cop-out reasoning for misunderstanding nfts as due to a lack of "physical" being, is in the same vein as those out of touch people who say bitcoin is not "real" because it is not physical.
it took the dotcom-crash to filter out the trash and let companies with actual profitable business cases thrive. so far with crypto and nft all i see is new technology without practical uses (other than speculation and money laundering). maybe something useful will come out of this on the end.
until the long term trend reverses, hodlers will continue to outperform more traditional investments
>most people lose money investing i think you mean that most people lose money trading. i have never once heard that most people lose money investing. do you have a source on that?
> most people lose money investing [citation needed]
yet another person who's sanity is frowned upon here. i honestly did not realize so many people were comfortable with such high risk (to the tune of 50% of their net worth).
with only 10k doge i have already made more on this memecoin than i ever have from my intellectual labor publishing research and speaking at conferences.
good for you. shitty internet companies made mark cuban a billionaire. it also made most people broke in the end.
for some countries 2 out of those 3 are not a huge financial risk though
those things kind of did happen to my regular portfolio. 2008 wiped me to zero, and that is when i was 50% cash (not usd, but a related foreign currency crisis). there were money market funds going tits up in the 2008 crash. get what you can while you can and avoid debt purchasing anything.
that’s why you plan for the worst and hope for the best.
this is why you take the risks when you are young.
6 months without a job' - have an emergency fund 'go through divorce' - if you're young, you should not be married 'have large medical expenses' - do not live in the us
yeah my statement had roughly the same quality than yours. i think you were a little bit too thismissive of one of the biggest technological developments in the last decade. if you look at short time volatility your are missing the point in my opinion.
because they sold. don't invest with money you cannot afford to lose.
i agree with your insight! i levered down on crypto as it went up. im about 50. with an emergency fund on the side of course. salary is very very good. as long as smart contract development continues (i don’t see this stopping) my business partners and i are in a very good position :)
but but but hodl :(
you recover by working over time…? and who said sell all your assets? unless you’re running with no emergency fund at all and you lose your job this shouldn’t be happening
then tell me how rich you are? you sound like a jealous 37 year old.
glad to see some sanity in this forum. crypto “investing” is essentially gambling right now. real investing is boring, it shouldn’t make your stomach churn or generate enough emotion to “panic” sell or buy. no panic involved as risks are calculated. gambling is fun but let’s all be honest with ourselves here
hundredaire here myself, we should start some sort of exclusive club
you’re acting like there’s a risk free way to do this. there really isn’t if you save in usd you have a guaranteed loss due to inflation. bonds are a bit better, but still subject to long term inflation. and having deflating savings is a poor idea the s&p 500 is pretty stable, but low gains. gold is higher gains, more stability. crypto is extreme gains, extreme instability. pick your poison, but usd is a horrible option
seriously, i cannot believe people are saying young investors *should not* go for s&p 500. on a long enough timeline (which young investors should be thinking about), the stock market goes up. if that stops being true, we've all got much bigger problems than our 401ks.
so neither one of you have standards, shame.
oh i do not care at all for luxury. but i think in europe (or in france at least) 1 million would be enough to retire and live comfortably, as in not frugally but not luxuriously either. add maybe half a million more per kids you plan. we do not have to pay for expensive insurance or education, so that helps a lot. it does depend on where you live though, some cities are a lot more expensive, you'd definitely need 5+mil if you want to retire early while living in paris.
100%. a million isn’t what it used to be
you really do not wanna know how much rent i pay.
sure, but if they are millionaires and have 50% of their wealth in crypto, then they have 50% of their wealth in other financial instruments. if you have at least , i'd say that is pretty not vulnerable. of course if they buy mansions worth millions with huge mortgage, that , but you'd have to really really overspend to get in a situation where .
i do not "believe" it will happen, i think its the truth because the people on this planet most qualified to gather and analyze the data available to us are saying that is the case. i do not have personal opinions on matters such as this, i leave the thinking to the highly educated scientists who have dedicated their lives to studying climate change.
in 20 years its much more likely that fl will understand that within 20 years later miami will be venice, as well as problems elsewhere on the coast. the understanding part is actually at least as important as the eventuality.
hmm i somehow doubt crypto does better than property, but okay
bitcoin is doa - it’s designed to be horribly inefficient and thus consumes far too much electricity and is far too slow to do any real volume. at best it was a poc.
hey mr mba guy if you actually had done the reading you'd realize that blockchain with smart contracts literally is ground breaking stuff in so many fields. it provides a different economic theory than we have today, it also can establish contracts with much less ambiguity in the future. also do you know these crypto thingies use quantum resistant cryptography? and these things are in addition to the most obvious power:decentralization! so yeah. i am 100% in. i'm not just believing in it, i'm supporting this with all i can. this needs to be done for the betterment of civilization.
it's a long list brother. you can message me if you want to know something specific like defi, or fast tps or low gas fees etc.
yeah you're right it is not at an all time high but it is still up 160x from a few months earlier when it has absolutely no value. and you're a cult member.
no, but kiyosaki is a smart man. i've heard him speak, but never actually read any of his books. all i'm saying that if you're going to invest your money into something, why wouldnt you want to see a return?
if you use it as collateral in a vertical investment, then it becomes an asset. you're using your gold to make money. that makes it an asset. if you just stack gold, then it is a currency hedge, which is why i have gold.
i do not think the problem is migrating to mega cities. the problem is we're being brainwashed into believing that corporations owning all the property is beneficial. i'm a globalist. i want nothing more than to unite as a single species and expand throughout the stars. what i'm not keen on is the globalist technocratic fascists running the new world order.
sometimes buying into dorky memes pays off. i certainly wouldn’t preach it to the world like it’s the best way to get rich, i just got lucky.
shhh let them believe
some of them have some well substantiated opinions, others are just fluff. read between the lines and read other sources, especially if one can be linked to those dd’s. there’s just as good dd’s as you’d find anywhere else here on reddit or the internet. call this new phenomenon bullshit or pump and dumps or people getting scammed, but just look at the charts. the fact that prices are bouncing are evident enough that at least some of the dd’s saying to hold, hold up.
yeah, but there’s a finite and rather limited amount of paintings. there are literally infinite copies of every jpeg.
everyone else can also thisplay these nfts in a digital frame. we can download the images and make limitless copies and print them or use them as backgrounds or just about anything we want, really. i’m assuming the nft comes with legal copyright over the content and that’s where the value is?
tbf i'm only comfortable with 100% of my investments in crypto because i was living barely able to pay rent every month. losing all my investment would change literally nothing for me. the upside is life changing, downside is more of the same.
they're comfortable when they have made 50%, and are having a meltdown when it is down that much. most people posting here these days probably still are not people that have lost much if anything at all, but many of them are not immune. they just feel that they are because that is what the sub tells them to be. most people here are not capable of formulating their own thoughts and opinions either (a problem with most of reddit) and most investors. the highs are high, the lows are low. the stagnation...is impatience. emotional investing kills. the problem is basically any millennial has only experienced a bull market. in terms of stocks or crypto. yes, there has been corrections and flash crashes, but what there has not been is an economic crisis, and these people are completely ignorant to what it takes to survive one. we have not seen this type of investing mentality since the 1920s when they also acted like children with money. emotional + ignorant investing requires luck to be successful, and most people do not have it.
50% of your portfolio and 50% of your net worth are two dramatically different things.
i bought doge under a penny and sold before it popped of. got back in and made gainz but nothing crazy since i cought the tail end of it
i highly doubt you are living off . you can make more than that as an undergraduate summer researcher in some fields.
how's that help him when he lives in the us
no money market funds went under in 2008. a few “broke the buck” but nobody went insolvent
but short term volatility is exactly what will ruin some people. this is about total risk, no idealistic happy path scenarios 50 years from now.
smart contracts on cardano?
that's where the "shit happens" comes into play. if you can predict the future then you'd likely have way more than a million. when shit happens you need cash, and how much you need is very dependant on your lifestyle. thousands of people every year go broke by losing their job, and during a recession (which obviously happens, and cannot always be predicted) there is no guarantee you'd even be able to get another, so "over time" is irrelevant.
ah, here we go. attempting to win an argument by insulting your opponent. you must be in politics. lol not to mention the fact that you are not even part of this thiscussion. move along.
i agree, and to elaborate further, it's not that it is gambling because of the long term uncertainty (i think most of us believe it has long term potential) , it is gambling because of the *volatility.* volatility is fine with a small portion of your savings, since you could potentially never need it, but it is inherently dangerous for large portions because, whether people want to believe it or not, catastrophic things do happen in your life, and when it does happen, you do not want to be stuck selling a temporary bottom. it's perfectly possibly to manage for many of these catastrophes through smart investing and risk management.
let’s also be honest about the nature of stocks vs crypto. cryptos principal use since it came about is drug smugglers and other criminal types. it has almost no legitimate uses. so, quite unlike a stock that represents partial ownership in actual companies that do things.
good idea. then i could be in the hair club for men and the hundredaire crypto club. i can celebrate that i’m bald and poor.
who said savings would be usd? (certainly not me) all i'm saying is that 50% of your net worth in crypto is risky, and for the average crypto investor, will not pay off. edit: there is no risk free way, but there are ways to essentially eliminate the risk of going broke. 50% of your net worth in crypto is not one of them.
>the s&p 500 is pretty stable, but low gains. gold is higher gains, more stability. when has gold outperformed the s&p 500? you can also invest in single stocks which have a higher risk but also better reward. real estate is another way to diversify as well. having everything in crypto is just blind luck, i got really lucky with crypto, i sold everything at the moment, but will most likely still have 10% of my net worth into crypto at some point.
not if you're paying a , and half of your net worth is your .
must be nice being a monolingual.
if you say so kiddo 😘
i deal with people day to day and i choose where i spend my dollars. no corporation owns me and i can become self sustainable if i need to. idk why you're acting oppressed
but do the dds make it happen, or is it people fomoing which rises the price and thus retroactively confirms the dds? might i add that dd stands for due diligence. as in, do your own research. don't rely on other people telling you when to buy or sell. that is how you get left with holding the bags of the rich. i'd also like to point out saying "this is not financial advice" when giving financial advice (hodling or investing) does not give you exemption from the law, much like stating "no copyright intended" on youtube videos does not exempt you getting a copyright strike or your video being taken down.
and many paintings have near infinite copies printed. i do not understand the digital artwork nft fad either; i see strong use cases for nft but that is not one of them. but i also never collected trading cards.
i never said every single jpeg was valuable lmao. i see the primary use-case for *actual* digital artists (this was already a thing, so i'm not sure why people are surprised that it is now associated with blockchain, where artists can program in both royalties and rights, and buyers can prove ownership in an immutable way). if an artist releases a 1 of 1, it does not matter if you download it. much the same as if i make a copy of an athlete's signature and impose it over their image. that's all it is - a copy. this is where another use case arises: athletes and celebs. if lebron drops a 1 of 1 or 5 of 5 nft, you better believe that people will pay absurd amounts of money for it. i'm not judging whether that is an advisable use of one's funds... i do not own any ntfs. but thismissing it is thismissing the way the future is headed imo. kids these days pay 's and 's of their (or their parents') hard earned money on *online, digital cosmetic skins in video games*, you really think an artist's limited creation, which you can prove ownership of, is worth less than that? also, not sure if you're aware, but to mint an nft, you have to pay ethereum fees. all of those garbage nfts that are just everyday images or copies, shitty memes, etc. will likely go where they belong - to zero . or remain unsold within the "ether" forever lmao. in my eyes, this space will be monumental with regard to video games, digital artwork & providing more rights and copy-protection for digital creatives, and possibly for musical artists and athletes. but i guess we'll see.
the best way i can think of explaining it is an autograph from a celebrity or sports star. anybody can scan the image of their favourite idol's signature, and even impose it onto an item or picture of that person. does that make it genuine...? of course not. the same applies if you simply download the jpg or gif of auston matthews' nft. (toronto maple leafs hockey star who released some recently). you do not own the *actual nft* from auston matthews, that has been released with a set number and that can be verified via the blockchain's immutable record. i do not say this as some nft fanatic. i do not own a single one. but, if people will pay ,000 for a pokemon card, or 10's of millions for a painting, i can 100% see why people that are: a) millennials & gen-z who have grown up surrounded by technology and digitization since birth; b) incredibly wealthy /; c) early crypto adopters (also incredibly wealthy); would be willing to invest in these, be it for collection, speculative investments, inflationary hedges, etc. etc. etc.
you assume wrong. most nfts do not grant any form of copyright.
net worth. not investments. that's how i'm interpreting ",wealth" in the article.
a 50% drop turns 1000% or 1m% into 500% and 500k%. not selling just means waiting for next bull run. diamond hands means your rent.
>what there has not been is an economic crisis, and these people are completely ignorant to what it takes to survive one. tf you talking about? millennials have lived through the two worst recessions since wwii and are the most economically stunted generation since the great depression. knock it off with this gatekeeping bullshit. people forget some of us are in our forties now.
for me, as young person earning less than ,000-essential money in crypto, i see it as something with huge potential for gain and only a small potential downside. if i lose everything, it is not that far from where i'd be if i never invested in anything 🤷🏼‍♀️. whereas the possibility of it helping me live without stress is lucrative, and for that chance, i'll risk the possibility of having to work a few extra years to make up losses if they happen one day. but you gotta be smart too. if i hit a specific goal in high risk investments, i'm taking out half to put into stable long term stocks. i estimate this'll be in a couple years, since i almost hit that goal this year before the crypto crash. if i do not take the risk now, then with my income, i would not have enough for a solid retirement account until i'm in my late 30s. so... whatever, we all make decisions that might turn out badly, i'd rather make those decisions while i'm young and have a lifetime left to turn it around.
nice, wsb avatar talking about people following the bandwagon lmfao
the article says net worth. but if there is some ambiguity there then yea it is basically useless.
i had 200k in 2014. from tips and mining. sold most of it in 2015. for 0.0003. i say "only" because... yeah. [this is how much we tipped each other in 2014.]( one of my first posts in the sub. tips are what got me interested in crypto in the first place.
they do not pay you for research. and you have to pay to attend conferences. adjuncting only pays for the class, not research at all. but to jump from adjuncting to tenure track you have to research and attend conferences, and pay for it all on your own dime.
lol no. i develop smart contracts for a living and hire others to help me. no ones gonna learn haskell with eth bsc matic fantom and others out there
i sincerely thisagree. if you’re 25 and lose all your money you have time to recover. if you’re 50 you should not be taking risks as you don’t have as much time to financially recover. and again, having an emergency fund is very important in case of these unexpected scenarios. - a gen z crypto millionaire
but i’m right? you don’t have millions in fiat or crypto so you try to bring down those that do to make yourself feel better. it’s not insulting to say you sound jealous or state your age.
that's exactly the same impression i got from your comments to be honest, you definitely look like a jealous 37 years old man telling others how they should behave with their money. this is a public forum by the way, anyone can answer to anyone else, no-one has to ask your permission to reply or to invest money. since you mention it, you are not even adding anything of value to the thiscussion, your comment is something anyone could find on any average blog after googling "bitcoin", i'm sure a lot of those millennials who are millionaires because of crypto are by far more financially literate than you
yes but it’s still belief based on speculation and to a large extent subject to the whims of politicians and anyone who can sway public perception (even when the fundamentals are solid). it’s nowhere near as sure as investing in a large blue chip corp that provides, say, utility or train freight services. those stock values are based at least partially on the value of underlying assets (like buildings, equipment etc)
the article mention that the survey was done on people with 1 million in investable assets. so if they have 50% crypto, that is 500k in crypto and 500k in other savings. even with a 5k, that is a 100 months cushion you have there, without counting crypto. that's financially secure.
do you know about stablecoins? that's why nobody should do an mba. it's the stupidest thing people do.
i'm not, but english is my first language which is what i'm assuming you meant.
i hear you. individual responsibility. i just do not think it makes a difference. we're on track for slow incremental oppression. boiling frog, so to speak.
most of the "dd posts are pump and dumps. wouldn't trust reddit for where to put my money, but there are some useful opinions.
then what the fuck?
...that is pretty much all my net worth lol
investments are not part of someone's net worth?
>tf you talking about? millennials have lived through the two worst recessions since wwii and are the most economically stunted generation since the great depression. exactly. i wonder what qualifies as an economic crisis to that person.
the average millennial was also fresh out high school when the great recession began. can’t imagine many were losing their life savings in the stock market, their houses, their well-paying jobs, all while trying to put food on the table for their families. this was also fundamentally different. let’s call it for what it was - a housing bubble that was quickly remedied and a pandemic that was also remedied. these can’t be compared to other issues we’ve faced throughout history. people sit there and flip out when the market goes down for a couple of months. imagine when it goes down for 15 years straight like in the 30s. imagine that record breaking thisposable income being gone? these are issues that havn’t been faced by millennials, and that’s fact. we’ve got to enjoy the greatest economy of all time with some expected corrections along the way. not a true prolonged bear market that lasts an entire generation.
that’s the trap most people fall into. most people obviously don’t have a lot money. that usually coincides with not having a lot of knowledge and a lot of time to gain the knowledge to make smart decisions. it’s easy to sit there and try to gamble to strike it rich, and some people will win. most will lose though. i’ve always found that with patience, hard-work, and intelligence anyone can be well-off. maybe not rich-rich, but comfortable.
i read it as
happy cake day professor! 💪🏻
if you properly apply the basic principle of "do not invest more than you can afford to lose" and simply commit to not selling until such a time as you've reached your wealth goal, then in theory you should have next to no risk of the market negatively impacting your quality of life. crypto would have to become completely obsolete over night for it to hurt a smart investor, at least that is what i've gathered from a couple months of study.
your argument assumes that you are financially responsible in all other aspects of life. the average american is not. the average crypto investor does not even understand investment to begin with.
you have nothing to offer to this thiscussion, do you? your trolling is mediocre at best.
> this is a public forum says the guy who thinks my commentary amounts to "telling others how they should behave". this is a thiscussion. everyone here is just offering thoughts and opinions, no one is trying to force anyone to do anything.
when i read it, i see net worth, not investible assets. completely different things. as in, the 50% applies to net worth. e.g. if you're saying they have a 5m net worth, and 500k out of 1m in bitcoin, then it all depends on where that net worth is.
why now? people have been repeating what you're currently saying for decades
the infrastructure bill is going to pass and crypto is basically going to ignore the regulations.
one of the very few old billionaires that keeps up with trend and technology. respect
there’s a reason he made billions at such a young age…way ahead of the curve when it comes to tech investments
cuban was one of the few that was on retail’s side during the shut off from rh back in january - giving support on national tv and doing an ama with the community. i don’t trust billionaires as a rule of thumb, but he’s the rare exception.
not praising celebrities, but the more people we can get behind this the better
doesn’t he have an investment in one of the nft platforms?
whomever jammed this shit into the infrastructure bill like a dumb mf needs to lose a knuckle like the yakuza do when they fuck up big time.
dude got scammed hard and he still does not deny the potential here. mark from cuba is a real one
why is there even any debate on how a government should spend your grandchildren's future earnings? call jg wentworth.
banning crypto would be like banning gold coins in lydia.
a billionaire saying that they do not like regulation. someone call the local press immediately!
i like how he changed his mind on crypto
mark cuban is right about this. the way that the internet and the entire industry around it was able to grow was through letting it happen. regulation is needed to some extent to increase adoption. just look at the pump and dumps to see that at some point regulation *will* help adoption by giving less informed individuals confidence in investing. however, where we're at now, it is important to not smother the industry. it likely would not die if the regulation happens, but it sure as hell will go to other countries, which for the us would be not so great for its own self-interest. hell, for long-term tax purposes, stifling innovation is likely not great to do to a growing and new industry. just from a purely selfish point of view if i were in politics i'd say it is purely a bad choice if they wanted to maintain american innovation in tech.
mark has been quite wise recently, i guess he is not a billionaire by embracing old tech
based and crypto pilled
mark cuban > elon musk
garbage politicians will do whatever they can to f### this up.
it's almost impossible to kill crypto, it is destined to happen and nothing can change that. imaging the advancement if defi as the several projects providing real use cases like eth, egld and pop which all provides useful value to our world.
is not this the same guy who asked for regulations after he got rug pulled with titan?
he has a point.
billionaire mc with his take i love it
listen to the cube
sometimes i like mark cuban
best shark, have an award 🐻
he made a mistake with titan but he ain’t making a mistake now
loved that man during shark tank and still loving him
its insane how much of a liability the government and law makers are. just totally bonkers how much this makes it clear that it is us vs them. they are not working for us or our best interests.
i mean he is completely right. innovation must be maintained at all costs
of course he is strongly supporting something he invested in lol.
i want to preface this with that this is a genuine question. i’m not exactly sure what is going on beyond “government is doing something that is bad for crypto”. what would this exactly cripple? the headline likens it to e-commerce, but up until now i likened crypto to gold in that it’s a hedge against inflation and real estate in that it’s a non-productive asset that we trade amongst ourselves and assign higher and higher values to. now, there’s nothing wrong with that in moderation, but it isn’t e-commerce. and while i’m here, what is this regulatory attempt thing that has people in a tizzy?
yes, let us cripple the growing crypto industry in america to make 40 billion a year to pay for "critical infrastructure" - instead of taxing corporations and the ultra-rich properly to get almost a trillion dollars to pay for infrastructure. the us government is despicable.
mark cuban after tech bubble popped - mark: it's fking humiliating losing all your money. you think when i dropped below a billion i walked around telling everybody? fk no. you guys were the only ones who knew, and i actually thought about having you killed. his cto: i'm sorry, what?
if i was holding a lot of crypto i would say that too lol
take it out of the fucking bill. why do they have to cram a bunch of shady shit in popular bills?
strawman. these regulations do not 'ban" crypto currency. and i can tell you right now had we the foresight to regulate e-commerce and tax it properly like we should in have 1995 we wouldn't have had the thisastrous near monopoly of amazon driving under thousands of businesses, exploiting labor (literally locating fulfillment centers near koa campgrounds because they do not pay living wages) and perhaps may have been in a better position economically now.
they aren’t scaring me out of crypto lol. blockchain is a big part of that, too.
old people are just mad because "technology me no understand" crypto is harmless, unlike the actual stock market
i’d be inclined to agree with him but the environmental implications of crypto makes me think it needs to at the least be limited now and not later.
he was the only billionaire that stand with us at gme case. i love that guy
mark cuban: i'm with crypto mark cuban a few weeks after: i'm out mark cuban a few weeks after: i'm in again
despite being rug pulled, he’s being being neutral about the situation, go cuban!
cubans do not matter. they do not even have a proper internet
mark cuban has already done more for crypto than elon ever will.
this bill is a joke.
as someone who knows very little about crypto currency, can someone tell me what about how the bill hurts crypto? the only thing i could find was that the bill taxes crypto, which from an ignorant outsiders perspective does not seem that bad
sure buddy. these two things are exactly the same, it is not like the government is gonna fight tooth and nail to keep its monopoly on currency.
get rugpulled, still keep shilling. respect.
gotta start with canning yellen. crypto won’t move until you remove the roadblock built on bank bribes.
these are the types of people who are in crypto for fundamentally different reasons than the rest of us. their interests are therefore different from the rest of ours. for most crypto investors, it is one of our biggest portfolio assets, because our relationship with wealth is different. we live and die by our monthly paycheck rather than the profits we take. our risk assessment is different, because of that. i think crypto taxation represents an opportunity for regular people like that to reinvent the tax code in a way that benefits us. i want a low, flat-rate wealth tax. in a market that changes 10% in a day, a 1% tax does not hit the same way it does for capitalists like cuban who will never accept it normally. a capital gains tax does hit us thisproportionately though, when we want to make regular buys and sells as the market fluctuates. we can keep having fun.
translation: mark cuban has a fuck ton of money in crypto and is scared.
don't forget, the man is a billionaire, he has more money in his change drawer than basically anybody on this sub will make in a lifetime. he's against regulating cryptocurrency because the strong market currently benefits him. the second it stops benefiting him is the second he will change his mind on it.
biden is a communist. and he is going to destroy crypto market. strange thing is twitter ceo jack baba ( crypto friendly) supported biden during elections.
cuban your leftist dems are screwups . yes it’s true
another rich bastard says this and that…
it’s not legal tender. anywhere.
well i like the concept but not the comparison... e-commerce were strongly regulated and taxed... i think what could stop the "growth" here are taxations or"bad regulations"
mark would be correct on this assumption
these politicians better get in line and out of our way.
crypto would not be stopped, but it will go elsewhere.
limiting it to e-commerce is even a bit short. it’d, imo, be more akin to shutting down high tech in the us before many of these companies even left garages and living rooms. it’d be like shutting down apple before the apple ii or microsoft when it was still just dos and basic. we don’t yet know what crypto and blockchain will look like in the mainstream. we can either be part of it or import it from china, russia and india.
its all good yall...just gives us more time to line are own pockets...let them keep on sinking this shit buy it cheap before nothing is left cheap...it wont be long
he got a point it is true.
lol, maybe he saw my [comment]( from yesterday. mark, you give me that upvote?
we will survive and win this
basically, we're inevitable ![gif](emoteemo_pack_1i_dunno)
if your favorite blockchain can be synced by your laptop, your blockchain is truly decentralized and your coin will emerge stronger because all those pos shitcoins will be regulated out of existence.
for someone completely out of the loop on this: if this bill were to pass? what happens to crypto? does the market crash, will we just need to pay more taxes, or what?
facts. people shouldn’t be scared to go into something they don’t know, they should read into it and then judge off that. guarantee almost all of those senators against crypto don’t know shit about it
ita pretty stupid to ban new technologies in favor of old ones, unfortunately it was always the norm for societies to try to preserve what's already there. hopefully we can break this and make crypto into something amazing
lol, he was out a month ago saying that crypto needed stronger regulation and control after he got scammed. now it’s opposite? and who cares about mark cuban? is he a hero to mlm ? the “get rich quick” folk?
when you realize people only do things if they make.money off it ... he clearly has money in it. only reason he cares.
why does anyone care what this clown is saying?
i’m not a fan of mark cuban, but sometimes it’s good to have a voice as big as his in the side of crypto
i think at this point boomers will only listen to other boomers so mark cuban is doing a good deed here
he defends crypto because he is invested with crypto.
start ~~buying off politicians~~ lobbying mark!
i've been seeing more and more of this cuban fellow on this subreddit. i hope he does not become the next elon.
finally he speaks up lol
except... you cannot shut off crypto...
crypto can be used by individual investors in a reasonable way but wasn’t it revealed that most popular crypto are majority owned by institutions and billionaires and they are capable of and are doing the exact same thing they’re doing to the stock market?
sometimes he seems like an idiot, and sometimes he seems pretty fuckin' cool. i'm gonna side with him on this one, for sure.
this bill should show us all how little politicians know on the laws they are making or how corrupt they are. both possibilities are equally bad and i wish more americans would get over this political tribalism. i wish we could just see issues for what they are, not blue vs red, while giving the boot to politicians who have no business even being in that type of job.
why are we still listening to billionaire about crypto?
could not have been said it better!
lol because he's making tons of cash off of it being unregulated that is why. lol this guy also is making tons of cash off of selling the bad kind of hvac tech to unsuspecting people during the pandemic under the name of one of his holding companies, i looked it up after one of my friends was about to start selling them.
everyone is worried since amazon, microsoft and goggle host 95% of crypto data. i’m not!!! icp baby. no big tech involvement. independent nodes located all around the globe. first truly decentralized blockchain not hosted by big tech. yes be worried,, i’m not!!!
and he is right
half the politicians voting on this still don’t understand the internet, yet alone crypto.
nothing is shutting off, every little road block is merely a delay.
i’m glad that with crypto we do haves my billionaires and elites on our side unlike most debates where it’s rich and powerful vs everyday man. it’s a bit like having the best guy at football on your school games team. makes you feel a bit safer at least.
…or tribe elders regulating the fire bringers
agree with jack. it would definitely push individuals out of the us to mine and set up their mining businesses.
love him or hate him, he makes a valid point.
don’t wanna be that guy but i’d be saying the same thing as a person of influence with millions invested in a particular asset.
can anybody clarify whether this legislative uncertainty is fud or something legitimately impactful on the future of blockchain. the prices are still climbing despite this uncertainty.
democrats do not want anyone to be able to be self-sufficient and make their own money. because this means they would not need government to lean on. anyway to keep regular people from achieving success to a level that gives them complete independence from government assistance, must be stopped. its just the truth.
there is only one "growth" and that is the speculative growth. well let us not forget the pump and dump and cyber crime growth, i guess you could also say there is a growth of co2 pumped into the air.
enough to make him want cryptos regulated. 😂😂
i have to say, i am behind him all the way for this. there is so much room for they crypto development to grow.
most of the people debating on the infrastructure bill probably still don’t, and will never, understand what happened in the 90’s. it’s likely that they need a staffer to turn their computers on for them.
good words by him. don't really like or thislike him but he is more on the like side now, of course.
so how much crypto does this guy own? lol
america won’t kill crypto, it’ll just give other countries a chance to come out ahead
if crypto is so popular, taxing and regulating it should not stop its growth. this argument that regulating and taxing something will kill a business is the same gop talking points wall street continuously uses to keep taxes and regs low on them.
i'm getting sick of the government thinking they know what's best for us.
i’m about to be a mavs fan the way cuban’s been talking
who cares what he says. not authoritative.
definitely a sir to go for the moon!
fuel to the fire!
the unregulated way that ecommerce was allowed to "boom" resulted in a massive economic collapse in the early 2000s, and then amazon's complete takeover as a result of them getting big and then pulling the ladder up behind them by advocating for laws only they could afford to comply with after they got big. avoidng that situation again sounds really, really, really smart.
finally something both sides can agree on
so last week when things were low i tried buying crypto and apparently on coindesk i had to put my bank account sign in to a third party site? there is no way i’m doing that. how and what is the safest way to buy this stuff?
totally agree. nice job mark.
whale 🐳 focus on arpa, reef, ont
mark, you are still crying for that poor investment that tanked. stick with what you know, fleecing entrepreneurs on scamtank!
uh. what growth is he talking about. speculation? coal fired power plants?
maybe not the best comparison considering the .com bubble and now the monopolization of the internet by a few mega corporations.
loving that mark cuban is against crypto fascism !
did someone invest more than they can afford to lose?
don’t let politicians who are not knowledgeable of these subjects regulate these subjects. our politicians rely on being given information rather than being the expert themselves which is a massive problem. good speaking skills does not equate to intelligence or compounding knowledge and the desire for more tax dollars is driving this push.
you fucking cant shut off something you cant control... fuck!
mark cuban respects this technology and understands the potential, he may not be the best guy out there but he is certainly good and on our side
holy shit i've agreed with both mark cuban and ted cruz in one week. brb imma go see if hell has indeed frozen over.
cuban is intelligent and clear minded. glad to have him on team crypto
he has a lot of money invested in nfts.
mark cuban gets it
selfmade billionaires are smart people :)
child support. the ultimate rug pull.
cuban is amazing, one of the actual few self made billionaires, read his biography he’s is extremely smart driven and humble
all i saw was that brokers will have to pay tax on it. i mean, they tax everything why is this such a big deal. i didn’t even see much about retail, though i assume if you cash out a bunch of crypto, it will count as income, and therefore be taxed. but so are your stocks lol. doesn’t stop anybody from trading them.
who the fuck is mark cuban
using e commerce as a yardstick - 8 to 9 people won’t become mega-wealthy is the concern?
blaming one sector for all our energy problems is short-sighted and an attempt to take advantage of a perceived buzz-word to continue fear mongering and gaslighting. reforming our regulations to drive clean, renewable energy investment is how we begin to fix our ever worsening climate crisis. crypto mining’s power consumption isn’t the cause. unchecked corporate swindling and government leaders who don’t value the factual information presented by scientific experts, are the problem. let’s fix our regulatory bodies.
this bill could change alot of things
im 100% ready to take my payments in usdc or bitcoin.
the biosphere is collapsing and energy demands continue to grow, so how is blockchain not another cross to crucify humanity from? we simply do not have the power yet to support it. edit: i do not give a flying fuck who you are, but you can take your little "tin" badge and stuff it right up your ass.
these congressmen and women don’t care as long as their checks clear from financial institutions for “speaking fees”
i don’t really understand the cuban hate from some. he’s a self made dude who grinds. he’s pro crypto and tries to understand and align his business interests with technology of the future. that’s good for us. most older rich people resist change since they’ve already carved out their wealth and are sitting pretty.
i need an out of the loop post to tell me what’s going on in this bill.
n9thing of how this whole process happened seems legit or the best way!!
not usually a fan of much of what cuban has to say, but props where props are due.
it's just going to grow without america. these fossils want to take everyone to the grave with them.
you can tell he’s a big eth hodler, lol
hmmm, government says let’s tax young billionaires rather than the old ones that have been fucking everything up for decades. makes sense
i keep seeing articles like this and i don’t quite understand how this would kill crypto. to my understanding the bill would require more people and companies to report their transactions for tax reasons. why is this a bad thing? i thought it was already taxed so isn’t this just reenforcing the law so people can’t avoid the tax?
holy shit, it’s good to see cuban still on board with crypto after he got rugpulled!
ya, the whole imaginary world is going to end boo hoo
i will skip reading the posts about the cuban for now. titan was an obvious scam
friendship ended with elon musk, now mark cuban is reddit’s “cool” billionaire
fucking love mark cuban and shark tank
somebody needs to get a lobbying firm to donate crypto to all these politicians re-election campaign funds that’s how things get done in washington
being a billionaire helps with erectile dysfunction
dinosaurs gotta die one day 🤷‍♂️
he's got a point. finally some reason in a wave of ignorance from the oldies.
cuban is a tek guy he gets it. if you hinder growth you kill the future!
i wonder how this will affect the institutional traders
and he is right.
he was also a supporter of doge
it would shoot innovation in the u.s.a in the foot just when it needs it most. companies would be forced to move to greener pastures.
tell em markie mark
mark cuban actually was learning how to code smart contracts... this guy gets it. politicians are snakes that get bought and paid for by banks.
mark cuban needs to run for president lol
nobody builds a freight train without brakes. bitcoin is that freight train. fud is the breaks. 12 trillion in value cannot just polymorph. ducks, ducks, ducks in a row... 🦆 🦆 🦆 🐮 🐮 🐮
fuckin help bro, can he loan us some of the senators he’s bought before?
crypto is the equivalent of how black money used to work for the cia. only now it could be elon musk funneling money to a group in central africa, to secure some valuable mineral mine that will be essential in his plot to take over the solar system.
the world would be a better place if they had done this in 1995. but mark cuban also wouldn’t have made a fortune, so i can see why he doesn’t want to say that
innovative new ways to conduct transaction, sure. but it is not like e-commerce. it wouldn't be as fun and we wouldn't have as many rocket rides to the moon, but we would still be able to do all the transactions we can with fiat or metal-backed money.
mark has enormous penis energy.
we should have banned e-commerce in 1995 or subjected it to heavy regulation.
yeah but e-commerce is useful
just so i am clear, why would anyone take mark cuban seriously about anything - in particular crypto - following the whole titan thing
reminder: he's only saying this because he is invested in crypto. billionaires are not trying to protect you from the goodness of their hearts.
not true crypto is against the usd which should not be allowed!
surprised and happy to see cuban not jump on the neoliberal narrative on this one, he does not devaite often. make taxation theft again!
wtf cares what mark thinks. ?
the bill is definitely passing. our roads, bridges, tunnels and infrastructure is a joke compared to other countries.
what’s next?!? maybe china decides to ban bitcoin.!!!
well at least he has something smart to say for once
commenting to do my part in the fight
cuban got a mining setup i knew it
thought he was smarter than that
says the guy who got rich violating broadcasting rights, sold the company for .7b and it was all outlawed.
i have a theory, sec will shut down all other altcoins and shitcoin, and only bitcoin will survive.
death and taxes… get used to it.
yep, and we can see this because crypto is the next big revolution
didn't this guy cry crypto regulation after the whole titan situation? lmao
crypto is so damn fun.
the debate will go on, but at the end crypto will win no matter what. it’s inevitable.
why does it feel like the entire crypto market is tied to what the us decides?
cant regulate decentralisation 🤣
atleast we got the whales lobbying but it’s too late
the 2 scenarios tomorrow: 1) they vote for the bill: we'll have a fire sale for crypto and the market will recover. 2) they vote against the bill: bull run initiated.
cuban to the castle !
our savior has come
wasn't he advocating for regulation not log ago?
he's right you know.
who in the right mind would even want to hinder progress? oh right, boomers and karens.
crypto is like porn, you cannot shut down porn.
ffs america ...put this corrupt nanna in a home and please move on. i always looked up to your country as being 10 years ahead !... but this is embarrassing soz...
man just signed luka to the largest rookie extension in nba history. he's hoping to be able to pay all that with crypto earnings.
billionaires are just in it for their gain. but yes, fair points.
right. wasn't he crying for regulation because he got rugged by some shittoken he aped in?
for once mark cuban has an opinion worthy of bbank tokens.
ol’ jeff wouldn’t be going to space.
he's done a u-turn since titan. respect.
no, in fact mark cuban just doesn’t want to pay his taxes.
i work in e-commerce, part time.
crypto is the rebel of the financial world.
we will prevail they cannot shut down the world!
someone should inform him about the privacy coin stealth (xst), it is the first and insanely fast cryptocurrency
relax us folks. you can regulate all you want in your country. we still have the rest of the world to run on bitcoin.
we'll see what projects are truly decentralized.
crypto is the greatest development of all time and shutting it off will be something the world would regret in the long run, seeing several projects like matic, ada, pop bringing promising services, and making financial system work it.
did banning e commerce lead to the .com bust?
crickets when irs talks about the massive tax evasion being enabled by crypto tears and crypto bros losing their minds when congress dares tries to fix the problem
this makes me think that cuban has definitely used bitcoin to buy underaged slavic kids to train to be on the mavericks
how to buy \* bitcoin \* and other cryptocurrencies:
democrats are going to destroy the us with this bill. can't wait for the per-mile driving fee that is backed in there!
i do not like seeing more billionaires tossing their opinions around. but maybe that is what crypto needs to get effective, non-detrimental legislation passed.
hes been sketchy in the past, hard to trust billionaires. though any exposure that can be gained for this issue is positive.
where there is money, there is government interference. the us government really want to control every aspect of our financial life.
at least he is not bitching about a lack of regulation after yeeting everything into that titan horseshit...
in all honesty i dont want any of these elected officials making a rule.
still dont like him.
good, fuck crypto. all it does is waste resources on a worthless "product". fucking scourge to humanity this shit.
billionaires are the type of people who values money and profit over other people and the environment.
they cannot stop crypto in long term
yep, and we can see this because crypto is still continuing it is almost-month-long rally since the huge bloody dips we saw earlier in 2021.
once again a stupid move from the us hurts the whole world...
there’s a select group of projects that are trying to work with governments on this and they will either give up and start completely ignoring us regulation or go out of business sadly. it’s insane for the government to think they can regulate every project like this
we are the crypto revolution!!! hear us roar 🦁
and why should not it? kind of the point. besides, the rest of the world does give a shit what america says.
friendly reminder he was the one scammed by titan and cried for crypto regulation because of it.
his ama was pretty good too. i think he was a big fan of aave and sushi which are doing well.
and that is after titan turned him into mark 'the mark' cuban gotta hand it to him though, he comes through for our and his bags
i used to laugh at him about titan but man i like this guy now!
yeah marks a huge defi lover. he's obviously still got an eye for innovation and thisruption.
how do you think he gets his info or does his research - do you think his team feeds him this or is he up late at night combing thru these subreddits ?!
guess we need to learn from the best!
didn't he back up dogecoin though? i guess no one is perfect ![gif](emoteemo_pack_1i_dunno)
homie spittin straight facts
he's also not a full asshat like a lot of them
old people around me do not even know how to open emails
he is smart :)
it’s sure has been a “growth engine” for my portfolio.
he called the gamestop saga too even when the stock dropped he still thought it could work out. it's good to have him in the space he always speaks highly of crypto
most billionaires do not understand even internet. they become rich before internet era
if an old white man is still gonna be president, i would definitely choose mark cuban. i think he would be a respectable president and make decent choices.
word, he’s more what i wish elon would act like
he keeps up with tech because that is how he made his first billion. it was his bread and butter before venturing into entrepreneurship and owning the mavericks. you could say he is a poor man's version of zuckerberg before the 90s dotcom bubble
i’d still say cuban believes more in marketing than tech for crypto but he’s certainly not a bad ally to have on the team
i mean he has skin in the game, of course he’s gonna speak up
don't be suckered. a lot of the wealthy folks involved in defending crypto are doing so to protect their assets. a lot of people have a lot of money tied in cryptocurrency, and they want to protect those investments.
this is how you make more billions
yeah because he is loving earning free money lol
dude actually uses defi
wasn’t it not too long ago that mark was against cryptos? i think over the years he realized the potential it has. and a big name like his has potential to do the crypto community good
i feel proud that he dumped on me
actually most of billionares and rich people invested in crypto. basically all of them use bitcoin as a hedge against inflation.
crypto growth engine sounds like the follow up to internet computer though.
i mean, he is a billionaire thanks to the internet.
isn't this the same guy who lost 1 million in some crypto scam and then whined about it?
i mean he was a programmer he introduced live streaming
can someone say titan.
lol dudes not old at all, very progressive and reasonable minded, not to mention a genuinely good employer for his people. now buffett is an old fuck lol
um. he made is billions because he is a tech guy. so no its not a surprise he has kept up with technology. he is not that old. he knows more about tech then you will any day of the week. quit treating him like some grandpa. my god
mandatory joke about him getting scammed by titan of all things 😂 really though, the man is humble enough to recognise that he was wrong about doubting bitcoin and cryptos earlier and has since delved deep enough into the cryptosphere to have developed a genuine understanding of it.
just do not bring up titan when you see him
what’s the definition of young though? think he got rich in his 40s or so
there's a reason he made billions, he got out at a lucky time in an era where you could put a website of cats together and it would sell for 45 million dollars.
broadcast.com he made billions at a young age by selling a steaming pile of shit to yahoo.
iam with him. he knows what he is doing
he really did it, we are just stepping after him
his primary fortune came from selling broadcast.com to yahoo! for big money. he is a perfect case of “right place right time” - his smallish company was bootstrapped into yahoo to try to get yahoo and edge in streaming video. but in the end that platform never really returned the value to yahoo. it was earlier than youtube and the technology wasn’t there yet. i don’t think yahoo broke out the earnings at that time by comparable divisions but it’s probably safe to say given yahoo’s present situation that they never earned back their investment in that acquisition. i think it’s important to understand how these people got rich at the right time. cubans original wealth came from investors of yahoo who poured money into the company for years and years on end. that’s no judgement just a statement of what i think is true.
wasn't he vocal about regulating crypto after one of his investments tanked?
we really need more supporters on the tv on the news. especially in my country, 90% of crypto-related news are related to either scams or drugs
he also is the one who got "rugged pulled" with titan finance after he promoted it. smh. hes ehh.
yes cuban is celebrity but he is a business celebrity with some credibility to his name.
cuban had been one of the better celebrity ambassadors of crypto. he i actually pushing blockchain adoption. for instance he want to use nft ticketing for the dallas mavericks
we need ryan reynolds on our side...i'm willing to splurge 420 moons to sweeten the deal
exactly this, it is good to have voices with reach speak out in support of crypto.
metcalfe's law is coming true.
he’s going well and he’s helping us, i love him now
yeah but remember he is only "helping" because he is got a crypto bag too
celebrity?! this dudes about to be the president!!
my cousin's, best friend's cousin is the personal trainer to the small one from n-sync. i will put in a call and see what he can do
but on the other hand, remember, we can do it either way. with support or without
i know about being behind too 💦
he is not a celebrity. he is a billionaire :d
and then what? keep voting for the same two parties that got us to this point? if it is not the dems, it will be the reps. both are owned by the banks and neither want to see the common man have more control over their own money than the government has.
everyone who support crypto is good
what is this best eft platforms?
he's also invested in matic so he is going long on blockchain.
this should be illegal the way congress adds “riders” to bills all the time passing completely unrelated random unjustified shit buried deep somewhere meanwhile the news is busy reporting in the latest black face politician scandal bc that’s what’s really damaging america rn
*whoever edit: my flair says redditor for 6 months? wtf? this account is much older than that
yeah, i respect that he didn’t shy away from the space after titan burned him. at this point though, it doesn’t seem like he got scammed, there was a bank run as the price rocketed after he invested causing a plummet in price. it doesn’t seem to be a malicious act on the part of the developers.
that’s why i love this dude
he probably learned a good lesson from getting rugpulled which made him become even more knowledgeable and into crypto.
i find it a positive trait if a person can change their mind on a topic like crypto, shows they are not stubborn and they accept new information that can change their view. in this case it might just be a case of them profiting off of crypto.
when there is money to be made, people will come flocking!
if you argue both sides, you'll always be right
think of the btc and eth this guy must own
was he ever against crypto? the only negative he has said that i know of was regarding regulations to combat scams in the defi space. which seems to be happening already, with the news of sec nabbing some scammers.
usually you go from the light to the dark side, this guy played a reverse uno card on that
just like the rest of the world is changing their mind as we speak. adoption is coming
it’s actually a positive sign and we shouldn’t be mocking people for it imo. a lot of people will have to change their minds, just like they had to change their minds about “the internet fad.”
literally asked for this: [billionaire bitcoin investor mark cuban calls for crypto regulation after price of radical new token suddenly crashes to zero](
to be honest, i also hated these people that flip flopped on crypto. but then i thought to myself, if i did not understand something and was against it and received information or educated myself to a point where i changed my stance, is that really such a bad thing?
nice actual balanced point with some grounding in realism. collecting taxes on bitcoin sounds like a reasonable approach, just like collecting taxes in ecommerce sales across state lines was a valid approach. the government not being able to collect taxes due to an untraceable currency in widespread use would actually be a financial thisaster. whether crypto miners should be regulated as securities brokers…well, that’s a different thiscussion i think. i see the logic but it will absolutely result in the centralize of crypto mining and the end of small miners and crypto orgs—which tbf may already be in sight.
exactly. shoehorning legislation and regulation into a completely unrelated bill as a funding mechanism is daft at best. it’d sure as shit would create a torrent for underground crypto in the us while much of the rest of the world innovates. fucking embarrassing.
except for titan rugpull, but he probably learned something there as well.
very true, being forward thinking and embracing innovation often pays off!
those who embrace the new tech will survive
i think he is learned a lot from his titan rug pull haha
shark tank to whale tank.
he literally fucking gets it. finally.
except for getting luka help!!!!! otherwise yeah he’s cool
i would not call the titan gambling wise
he did what needed to be done to stay rich. follow the tech
man this bill is such bullshit!
hopium big, smile bigger
titan was only a small portion of his portfolio. the media blew that fact out of proportion.
i think some regulation to reduce the risk mewbies get scammed straight away will be good for crypto the crypto adoption. if the perceived risks of potential new investors is less, more people will invest in crypto
yea , crypto will just be moved elsewhere
that's how government works
it's a sign of how far the us republic has fallen from the days of limited government and natural rights. you have crap like the eviction moratorium (the thing even the president says is not constitutional but they are doing it anyways), the patriot act, and mega-bills like the infrastructure bill with all kinds of things crammed in for special interests. [we have to pass the bill so that you can find out what is in it - pelosi a few years ago](
the environmental implications of crypto seem terrifying. it does not have to be, but i have not heard too much about anyone really trying to fix it.
does proof of stake have environmental concerns?
crypto bill wants crypto developers, miners, stake pool operators to be treated as brokers—new rules would require the aforementioned to keep track of all delegators and participants for the purposes of notifying the irs. with mining, if you operate a pool, the law would require you to know everyone who was joining your pool—not a possible feat. with developers, you’d have to track everyone who was using your protocol. it’s overreaching surveillance thisguised “pay your fair share of taxes”. with all of the phone calls, emails, and letters, they’re backtracking to not deeming miners, stalkers, and developers as brokers but the surveillance piece remains—they just haven’t figured out how to do that yet. basically, the analogy is: it’s a bunch of aol users from the ‘90s who can barely get online having the power to dictate how voip should work.
no, he is american
yea, there is a mark saying that
>biden is a communist. please, for the love of god, learn what the fuck a "communist" is instead of just using it as a slur.
[*<el salvador has entered the chat>*](
"everyone is worried since amazon, microsoft and goggle host 95% of crypto data" ??
well his net worth is + past i checked, so even if less than half a percent of his portfolio... a lot
it’s what they’ve always done, not just now
more tax reporting burden adds friction and will prevent adoption.
it’s a bi-partisan bill, and the two co-sponsors are both republicans.
i agree, but i don’t think crypto is mainstream enough to have that big of an impact amongst the average blue haired, unwashed democrat voter.
your absolutely right the democrats love giving money away but do not want you to make any nor be wealthy . they want to live in there gated communities while we're living poor .
crypto conserves energy by leveraging the concentrated power of money and capital into digital form. moving cash around in the economy is very wasteful and inefficient. crypto maximizes what has traditionally been a hugely inefficient processs. and in case it’s still not clear, “inefficient” processes are wasteful processes.
billionaires are successful people. millionaires are successful people. why are they successful? because they paid attention to how markets work, because they filled a niche, because they acted when others slept. the best way to ensure our environment is maintained is by increasing privatization and incentivizing doing good things by supporting companies and people which align with broad goals nearly everyone could support.
right. and when it does go into effect, it’s not like miners will do anything different. they’ll make the gov come after them indiviually. and if the gov does, they’ll move.
at least we know the approximate start date of the next bear market.
god damn, all the brave men and women we lost in the fight. rip friends 😔
always has been 🌍🐱‍🚀🔫🐱‍🚀
your political system is a joke, rest is collateral damage.
damn i did not think he was in his 60's figured mid 50's at the latest
lol this is what i was going to say
i mean his balls probably hit the toilet water 🚽 by now so he old!
he's no spring chicken
60 is the new 40
crazy that he was on the cutting edge of the creation of the internet and now is riding crypto, time flies so fast. he looks good for 60s
good god that man looks young. older than my dad, ffs. i've just always thought he was in his early 40s.
bruh i be seeing him on campus still acting hella young and goofy 😂
everyone who was born before internet era is ancient in crypto world. there are some old people that understand crypto, but most will not.
i would consider myself old above 60
friendly reminder, he is only a billionaire because of the internet bubble, and has no room to be complaining about getting scammed or demanding regulation.
it's almost like there is a middle ground between what's being proposed in the infrastructure bill, and zero regulation.
dude your commiting manslaughter...
friendly reminder competent crypto regulation is a good thing which brings more investors to crypto
give the poor guy a break 😅
look lets just assume considering hes come out with this that he was just really mad and did not mean what he was saying when he called for regulation due to titan
as long as regulations is used to prevent scams i am ok
just reminder - any of ogs here that did not get scammed and sour for crypto? not me...
i memba the titan case. i memba.
i think aave is his biggest holding.
unlike elon musk which is only about his bag
we are all in the same boat now. we need to work together and stop this over reach by the senate.
hes out there trying to actually use defi and learn aall about it which is great. its more than just a speculative vehicle to him.
"n***** caught me slippin once okay so what"
wait till the next rug-pull.
he types with his index finger too but ya gotta respect the man for pushing them trade buttons
have your forgotten titan?
we really do, i always watch shark tank only because of this guy, very intelligent and insightful
to be fair to him, he backed it and created new use cases by allowing people to buy sports tickets. not like elon that just tweets about it.
exactly what i thought, doesn’t change the fact that he has a ton of influence though
doge is fun and weird, people like it. old people that know nothing about crypto were asking me how to get into it for the first time because of doge. any coin that brings a wider audience has to be good for all of us.
yeah i was thinking about that as well, but unlike elon musk he was not trying to rip us off
smart for this guy is an understatement
probably all of us
hopefully he helps all of us get rich 🤑
i'm not an american, but i would do the same if i was one
elon musk can barley talk at this point
for sure. a humble billionaire is like a white whale. just rare and to be appreciated
honestly this, i was about to start attacking your argument untill you explained it more. yes he is gotten scammed months before but at least he is honest enough to admit it was his fault for not knowing enough and it was mainly due to his excitement!
> way ahead of the curve. that's the problem with curves, if you do not control the speed around the bend, you get thrown off.
i do not think titan was a scam. it just had a peg mechanism that could not withstand a bank run. cuban admitted he aped in without proper due diligence. > chaparro: how did the titan rug pull impact your thoughts on the space? > cuban: it didn’t. it was on me for not doing my homework. i generally knew what happened with each transaction, but the scale of the rewards should have been enough reason to project out all the possible outcomes. > a few hours with a spreadsheet and i would have been better informed of the risks. i still may have taken the risks, but they would have been clearer.
😂 how much did he lose on that one?
or buy up a shit load of domain names and sell them later
now we live in a time where we could put up an nft of cats together and sell it for thousands of eth. what a time to be alive.
that makes him on of the worlds best salesmen honestly. selling a steaming pile of shit for billions is impressive
never heard of it, please tell me more. also, nothing wrong with regulations but in this case it just sounds like he was butt-hurt lol.
oh well. we’ve all been there, one way or another.
i’ll take it, he’s certainly not any worse than what we’ve had so far. also, thank you for your award!
better a guy who understand markets than one who just shills shitcoins for cash.
agreed. him just name-dropping crypto lingo got alot of eyes in the business world to notice crypto. it's sad that we need celebrities for adoption, but such is life. hope he becomes the angelina jolie of crypto if you know what i mean
you have my 69 moons.
make it 690 and we may have a deal!
with him on our side, there no way we will lose
well he did win the internet
burned? he lost 75k as a billionaire. that’s less than 1% of his actual money so it’s basically like you or me spending 50 on something and it turns out to be shit. who cares lmao
>makes a boatload of money on his crypto investments. >suddenly likes crypto. big shocked pikachu
that is the way of the dark side
what about the other sides? forward, backwards, up, and down.
smart guy...but then he might get fucked from both sides too
it worked for ben franklin
haha even a broken clock is right twice a day
while that’s true, i’d argue it’s not the case.
i thought he said btc was useless at some point
i feel like a lot of the “top dog” people have drastically changed their tones when it comes to crypto. adapt or become irrelevant i guess
it appears that he was arguing for regulations that ensure stable coins are, um, stable. i don’t see anything anti-crypto in that.
it's not the regulation *he* wanted!
they also act like this is the only way they can raise tax revenue. not long ago, raising the corp tax form 21% ~> 28% was on the table...and it should still be on the table.
europe will follow america's move. and so will the rest of the world. that's why it is crucial we prevail here.
i mean it’s a flaw in the code not a malicious one i guess
even the top dogs can get rug pulled, that is amazing!
that was just a crypto initiation
not just survive, but succeed
nah, it cannot be used as fertilizer
what exactly is it doing?
this dude eth's so hard that he stakes
the article pretty much sums up the factual volatility of this monopoly money and the high risk it will present to el salvador’s financial stability. they have put all there money into a one arm bandit and betting the future financial stability of the entire country on one pull. crypto currency is nothing more than a fad that the rich are peddling to make millions off of suckers looking for an easy buck.
exactly what i wrote. most people don’t realize how much of the crypto industry big tech is hosting. we like to think we are immune to big tech control and manipulation. yet they are holding majority of the data. except bitcoin, icp and several small projects.
over 40% of his net worth is in crypto , aka 1-2 billion , iirc
what does adding friction mean in this context? i’m not too familiar with how it works currently
who the fuck is moving cash? everything is plastic these days with a few exceptions.
that is what's happening in china right now prove me wrong ☕😁
good call pal ingenious actually😁😁😁😁🇬🇧
noob question but what’s a average % hit that the last three or four bear markets took when they crashed? someone has aggregated that data… anyone gotta source?
almost every political system is a joke
being billionaire helps to look young
if someone said he would be 48 years old i'd even believe it.
crap me too lol where is the time going
rich 60 is middle-class 40.
hair dye and plastic surgery. dude basically has jet black hair, incredibly rare at his age.
he has had a lot of plastic surgery and botox.
mine is 82 and plays civilization 5 constantly. he has over 2400 hours on it. he says he feels like it keeps his brain active.
you must be very young given your grandparents are only 60 and 63.
just wanted to say it’s crazy the outcome of peoples way of living when they use the internet vs not being exposed.
friendly reminder that you need to remind your friends to be friendly
didn’t he get rich off roi - radio on internet ??
dude get out of here he is the king of **roi**. yeah that is right: radio on internet
friendly reminder mark cuban claims he invented the cuban sandwich! i think not!!
friendly reminder he’s worth less than he did decades ago. if he didn’t buy the mavs he would be worth less than half of what he got from yahoo.
lol people hating on his billions as they dig between the couch cushions for weed money. you sound like ben stiller at the end of dodgeball. “i won that tournament. fuckin chuck norris...”
why didnt you decide to be a billionaire then
thank you! smart regulation is good and we need some. not just any regulation is good though
the man had a family
true, maybe one way to bring accountability to rug-pull token operations and shady brokers. it could help stop fud since a lot of people still seem to think all crypto is one big scam.
haha if he were poor, i'd be a non existent enitity
pepperidge farm remembers too.
titan actually mooned from the grave. so pissed i did not drop some cash on it. i was so close to doing it. went 100x from the bottom and now it is a memecoin lmao
*good guy mark cuban*
love elons rockets and cars, but he can go cuck somewhere else.
the enemy of my enemy is my friend
i would like to be in his yacht instead of my boat please. i am willing to wear short shorts and swab the poop deck.
i agree, he’s one of those who’s actually learning and not being ignorant
exactly where my mind went as well. mark trying to push off regulation until he recoups his titan losses ![gif](emoteemo_pack_1dancing_wojak)
i need to get my brain checked
and called for stablecoin regulation after being rugpulled
attack on titan is a great anime.
yeah, maybe the elon thing is more of a moonshot, whereas he did things towards it. you're right. it's still pretty volatile
i mean spacex has a satellite for a moon mission on falcon 9 called doge-1, all paid in doge.
oh, of course not. i love the guy
or as my dad calls it... doggy coin. i do not have the heart to correct him
completely agree, this sub gives it waaayyy too much crap. doge brought me in and countless others. once involved though most of us tended to get involved in other projects as well.
that's like mlm boss bae logic. just because someone scams their way to the top by crushing many gullible people, does not mean it is good.
doge and its stupid derivatives like baby doge and shiba inu are detrimental to crypto. they’re not supposed to be taken seriously and sooner or later that rug is gonna be pulled
absolutely! if that is the entry coin for most crypto people then that is great! if they lose money with it, and get a bad image of the sector because of it, then no ![gif](emoteemo_pack_1i_dunno)
yeah, he did not dump the market ![gif](emoteemo_pack_1i_dunno)
i appreciate seeing whales, they have all the power in the world, yet they are calmly swimming past you
i thought you were going to say that we need some fanatic named ahab to hunt bezos with a harpoon.
[insert ex-wife joke about white whale here]
thanks for not tearing me a new one! and thats the thing i like about cuban. he makes mistakes and not only does he tend to owe up to them but also uses it to inform his future decisions. instead of being turned off by the scam he used it to learn even more and then shared his thoughts with the rest of the cryptoverse so newbies dont get rekt. he also is a proponent for sensible use of nfts like in ticketing and so truly gets the wide range of potential use cases of crypto
ball park of 1 mill iirc
after getting burned on titan he was raising questions about how much collateralization there should be for stable coins. basically trying to have a greater degree of assurance for investors to not lose everything in a supposedly stable asset. he also referred to the crash as a rug pull, but it was actually a bank run as too many investors tried to withdraw at once, decimating the tokens value.
i guess i gotta create a shitcoin real quick and send 69 of that. don't worry i'll let you know before i pull the rug
>was already a billionaire >what he makes from crypto is peanuts mark cuban does not need to be defended, but let us pull our collective heads out of our asses here.
or you know, change opinions based on new facts and knowledge like any resonable humam being?
also, i thought that bear award was an ewok ever since i first saw it until today. can't hide my nerd
they should not be left out. i'm a fan of front, back and side to side
aint nobody got time for that!
definitely agree. however, cuban would not see it that way 🤷‍♂️
looks like he is eating back at his words haha
and so did saylor in 2013 what matters is they are supporting crypto now
[i’m just gonna link my comment lol](
i’m not sure on the specific details, but if this was really the case then i agree with that sentiment
this bill shall not pass!
still think people kind of grew angry on him because of his reaction to his loss. all good and nice unless he loses money, then we're in urgent need of regulation cause it effected him. nonetheless, very good to read this statement from him.
it was no rugpull
this dude stakes so hard that he compounds
well they are loss i guess. feel for the us users in this sub here
so, just a misunderstanding of the word? makes sense.
ooh this is an interesting ideological development. you think biden is a communist, but are also fine with communism? or perhaps, you misunderstood the guy above you, and thought you meant he was saying "communist" is literally a slur.
it's not about money, it's about sending a message. but, seriously, when does the us govt. ever consider cost efficiency? the wars on drugs, terror, younameit cost them more than actually putting in effort to prevent the cause instead of fighting the symptoms.
its also not like they dont have bigger tax cheats to go after *cough* trump *cough*. they're insanely underfunded.
you're right. i think the u.s.a. is going to find regulating crypto frustrating. miners and validators will ignore it. dexs will ignore the regs. the irs or sec will be tasked with coming after a million different people...but i do not think the u.s.a. is going to roll over and take it. there are signs the gov is coming after crypto. i think they will wait until they are ready to make tether arrests. then boom. then explode the market. then shame it. then push for legislation. that's my thesis, anyway.
essentially yes but some try to hide it
take a look at [this photo]( of elon musk in 2000 at age 47, next to elon musk in 2018 at age 36.
being billionaire helps with a lot of things. especially you’re super attractive to young ladies.
he doesn t look that good in person. still better than 63 tho.
> mine is 82 and plays civilization 5 constantly. he has over 2400 hours on it. he says he feels like it keeps his brain active. quite a few studies in recent years showing gaming indeed does.
that’s pretty cool. good for him.
you're surprised there are teenagers on r? why edit: or 20 year olds 20 40 60
remind friendily that you need friends to remind them of reminders
friendly reminder that they probably aren’t friends if you need to tell them to be friendly.
but we're all family here are not we!
reminding myself of friendly reminder that i need to remind my friends to be friendly.
from yahoo’s end it was one of the worst deals of all time. from cuban’s end it was a fantastic deal, lol.
still, part of the 3 comma club, from your example i think he is more like gavin belson, of the time when dinesh sold him pied piper to get rid of the lawsuit.
seriously. if it’s so easy to do what cuban did then do it.
much easier to make money after you've become a billionaire overnight.
rug pulls keep things exciting, can’t expect x,xxx% returns without some risks!
totally agree. 90% of shit out there is a scam waiting to happen. i do not want regulation, but there is gotta be a middle ground that prevents outright theft of an assload of money from people and mocking them, with zero repercussions. so tired of idiots saying "crypto is just the wild west and you have to accept it and he careful". yes, you should be careful, but a dickhead in the wild west would at least have to consider they may get shot for robbing a train.
the main function of regulation would be to prevent random shitcoin scams bringing false offerings to the markrt imo. brokers should not even exist in crypto, but if they do then i agree they should be regulated. ultimately though, they should not even exist. stock market corruption hinges on manipulation and elaboration on the role of the broker. regulation is only welcome to the extent that it curbs corruption vs creating a bed for corruption as they have done in previous financial markets. first they force "regulated" bottlenecks between the buyer and the market, for our own good, of course ;) these things are very complicated of course ;) then they begin fucking and abusing the bottleneck, spawning entire fields of additional corruption under the pretense of "regulation". it's a good thing crypto is global and ultimately beyond the reach of government. keeps gov honest.
rich poor old guy mark.
it's worth 13 satoshi. we talking about the same titan?
ain’t happening anytime soon
even in titan mark made millions of dollars and the loss every one speaks is part of profit
agree. all these rich fuck are in it for the gains, they don’t care about the tech, neither to i, so i can relate i guess.
he invested in it and man it tanked so bad
yeah it is crazy volatile. i'm not a fan of the craziness around meme coins but if doge got developer support and people started giving it solid use cases, then that changes things. what i do find frustrating is seeing meme coins ahead of projects with developers that ,at least appear, to care and work hard on making a token. but it is what it is.
it's fine as a learning experience what's obnoxious are the people who invested and then twisted their brains into knots trying to claim it is the future and trying to ensnare other new people into the idea that a meme coin up 25x on the year is poised for another 100x.
i do not understand how people lose in crypto. i have some doge. avg price is ~32 cents. i wouldn't ever consider selling under that unless i needed to reduce my yearly tax liability.
that’s like losing 500 bucks for him.
billionaire supporting crypto? love him. billionaire hating on crypto? fuck him.
he did not make his billions off crypto, so why would it matter that he did not fully understand crypto in 2019? he very obviously made his money because he was ahead of the curve
yes to thinking for yourself - but calling most billionaires 'lucky' is a loser's narrative. they did what people that are not billionaires weren't willing to do. it's thisrespectful to attribute it to luck.
okay? all i said was opinions change. don’t really care what your point is since i’m not op. that’s for the words of wisdom i guess. whatever gets you easy upvotes
there should be regulation for stable coins, tether’s a scam
and my red up arrow
woah, calm down there! baby steps bro
exactly, changing your stance with new information is not weakness.
it’s not an ewok?
takes me back to when youtube was still in it is childhood and everyone was listening to autotune remixes. i liked the bob ross one best
these specific details are in the second sentence in the article linked
great concept, bad execution, still a fun game
this dude compounds so hard he defis
very true, see that all over the world with governments not using their money to treat a cause and go after the symptoms instead
oh, we do not investigate mortgage bonds. truth is, since we had our budget cut, we do not investigate much. 🤷‍♂️
i am so done with any narrative they want to push so i look forward to watching them try 😎🍿
maybe he’s born with it...maybe it’s maybelline anti aging cream with adrenochrome ©
do you mean bitboy?
money makes you handsome lol
damn, he's 48 years old? unbelievable!
i'm 40, have been gaming since i was 13 and i have a memory like a sieve 🤷
oh he is a close talker...
how old are you exactly?
everytime someone tells me we're "family", it is a cult.
like fast and the furious family? or olive garden family?
hey brother from another mother! ![gif](emoteemo_pack_1dancing_wojak)
i think it will be soon, this is just titan's dead cat bounce ^()
if he had stick with btc 've never happened
it's still inflationary as fuck though, right?
because they think it is going down from there. or want to fomo into another coin ![gif](emoteemo_pack_1i_dunno)
not directed at you. it was just my attempt at humor.
nah it’s just realistic lol they did what other people who were already fortunate enough to possibly become billionaires weren’t willing to do, but being in that position means you already won the lottery
i can get behind this.
haha no, it is just a regular bear. it looks just like wicket though
this dude defis so hard he revolts
tether is almost certainly one of the biggest financial frauds in history: so, most likely the ny ag punted the case to the doj for federal charges. that means the investigation has been going for years. feds likely know everything about tether. recently, the white house, treasury dept (yellen), the fed (powell), house financial services committee (walters), national intelligence council (aka us spy agencies), office of currency comptroller, have all made moves against crypto. i think a year ago the market cap on crypto was so small that it was a side show. but at , crypto could destabilize the stock market or financial system. plus there were successful ransomware attacks on the energy sector (colonial pipeline) and food sector (jbs meats) in the usa, and italy’s covid vaccine system was hit recently (the fbi is assisting italy). a huge section of the gov probably hates crypto—it is a legit threat to gov power, and it has plenty of downsides. anyway, back to tether. if you’re the us gov, and you want to take down crypto, and a great way to do that would be to take down tether—but you need regulatory proposals first. and those are supposed to be done by late summer. we’re staring to see those regulatory proposals: regulatory agencies will have ideas, too, and they won’t need a vote for those. and the resignations or brian brooks and brett redfearn are suspicious. both are former regulators. brooks was head of the occ. then brooks then became ceo of binance us. he just quit. redfearn was a sec director. he became head of coinbase’s capital markets. he also just resigned. …lots of smoke.
maybe he is born with it, maybe it is dimethyltriptamine
well he is cuban
maybe it is coinboy
now this is funny!
he looks much older than 48.
early onset dementia 😉
> child support. the ultimate rug pull. wrong guy.
op could be as old as 45 if op's 60 yrs old parents had op at 15 yrs old. edit: it is called math, guys...
let us pray 🙏
olive garden bbq family
yep, and that deal is nearly universally accepted as one of the worst acquisitions in american history. he scammed yahoo out of a few billion dollars just to find himself scammed in a rug pull 😂
the high yield rates were also sus.
got burned so bad people even made a degen farm themed after him
that’s the legend himself
yeah but, and i've not fact checked this, i'm sure i've seen it said it is comparative to the dollar so it is not like it is out of wack for a "currency". no reason if devs got serious they couldnt also change that.
it's a steady influx of 5 billion tokens per year. right now that means an inflation rate of 3.9%, next year will be 3.7%, etc etc. not what i'd classify as "as fuck".
it was funny lol
now you’re just under selling bro
very interesting thank you!
this insight is much appreciated 🙏
this is new! haven’t heard of him!
thanks to the stem therapy
you joke, but after the day i've had today i'm wondering lol
top marks in math. what i’m worried about is your reading comprehension
he said his grandparents are 60 and 63, not his parents.
let us pay. 🤑
i see bbq i like
ok... i am confused
it's just launched now
yep they are always looking for silver bullets instead of doing the proper work and keep ending up like surprised pikachu
hi i am confused, i’m dad.
hi dad, i don’t want to be confused
jokes on them. i'm always in the red.
i wish they could simplify the tax situation. my taxes were a nightmare last year because i could not find a good way to aggregate all my stock. standardization.
you’re going to see a lot of automated 9k transfers i guess
it's for ***businesses***. transfers to the business, reported by the business \[[1]( >despite constituting a relatively small portion of business income today, cryptocurrency transactions are likely to rise in importance in the next decade, especially in the presence of a broad-based financial account reporting regime. within the context of the new financial account reporting regime, cryptocurrencies and cryptoasset exchange accounts and payment service accounts that accept cryptocurrencies would be covered. further, as with cash transactions, businesses that receive cryptoassets with a fair market value of more than ,000 would also be reported on. although cryptocurrency is a small share of current business transactions, such comprehensive reporting is necessary to minimize the incentives and opportunity to shift income out of the new information reporting regime. see §iv.b. this effectively makes buying things with crypto in excess of .
its here to stay and uncle sam want a piece of the cake. well, probably more than that.
fud successfully turned into bullish
can we pay the irs in crypto tho?
exactly. crypto just got assimilated into the world’s largest financial system. decentralized computing is here to stay, and new projects will be funded by ico’s.
if folks got into crypto cos they thought you could make big gains and evade taxes they’re pretty naive...
the good thing about decentralised currencies is that the governments does not decide if crypto stays. the users decide. nevertheless good that the feds adapt and are eager to give us a fostering framework
finally some good news. just a different approach to read the news, nice!
biden is clearly holding heavy shiba bags that he bought at the top. the sly ol' goat is already eyeing up the next bull run to try unload them.
transaction of ,999 incoming
they might throw a regulation news just to lower the value and buy as much crypto as they can...
irs monitoring this sub for some inside info 🧐
the only person hurting crypto is aspergers musk
"crypto transfers to an exchange in excess of ." this is not as big of a deal as it seems, coinbase already does this. they just want every exchange serving us citizens to do the same. from what i can tell, this doesn't mean that if you transfer over , you need to report it.
lol 2023. i won’t be using any centralized exchanges by 2023….
i do not think some people realize the chairman of the sec taught a class at mit on blockchain. gary ginsler. class is still up on youtube. the shit is here to stay yall
the govt had to fill their bags. the treasury is secure, i repeat the treasury is secure.
does anyone else also feel it is complete bullshit that they are treating btc and crypto currencies as assets and not currencies? if i swap £ to . where as if i swap fiat for crypto they tax the bolox out of it. it's blatant theft in my opinion and their only attempt at controlling the masses that use crypto.
the blockchain is worldwide. would it then be possible to fly to a country without crypto laws to perform a transaction to circumvent stuff like this?
they bought a lot ton shit of crypto yesterday...obviously they know what this can become in the future, even governments hodl 🤔
they know it is not going anywhere, it is out of fear of lost tax revenue and transfer of funds to terrorism that they are pushing into it.
nothing was ever harmed at the hand of the us government. and a strong salute to anyone who can say that without laughing.
god bless america for restoring balance to the system... and 40% of our portfolios.
the only way to counter this action is to get privacy coins like monero, wownero, arrr and others. they’re afraid crypto will end the state, don’t let them co-opt crypto!
this highlights the gov’s constant search for tax revenue streams. wherever they can suck up more taxes, chances are they’ll try.
you guys are doing it wrong. you take a loan against your crypto and pay the loan back with gains. debt is not taxable. just do not over leverage. what do you think rich people do? this is how dumb this system has gotten. returns are taxes to hell but debt payments if structured properly can avoid taxes completely.
what you really need to be concerned about is the progressives who want to charge a capital gains tax on whatever you hold each year even if you don’t sell.
it's so funny how taxation is supposed to be bullish, yet the fed is quoted in another article as saying "powell said that cryptocurrencies, stablecoins and other innovations "may also carry potential risks to those users and to the broader financial system."" seems to me like taxation is less about acceptance and more about just getting their cut while they can. i'd link to it but i do not think that is allowed
i wouldn't exactly call it *good* news. what i do with my crypto is none of the government's business.
fuck fiat! crypto will dominate!
definitely good news though i wonder if and how the irs is going to get control over this. anyways, hope those fuckers don’t succeed
government always has to try and find a way to fleece the citizens.
i'm sure top priority is how to influence and infiltrate it
sooo... big time monero gains incoming?
fuck em all! crypto is global - available to all who can ’t ran or governed by any malicious head of anything ! time to take the world’s sovereignty back fuckers
damn, this news was reported as a fud earlier. amazing how when it is reported as not a fud, and the vibe totally flipped. lmao
would be nice to see a decentralized on ramp soon... or better yet, more people and businesses accepting crypto as payment
if you cannot beat em, tax em
i cant wait until the u.s. announces the liberty coin! 🙄
i am once again moving to portugal
i do not love more government oversight, but it was kind inevitable
because fuck taxes, that is why.
the government should be asking us for permission, not the other way around.
lol. this is definitely not what the u.s. gov just said. in fact, what it just said is that it’s considering blocking banks and institutions from holding bitcoin; and that transactions over 10k need to be reported to the irs. and u.s. spy agencies just declared digital currencies a threat to global stability.
> not sure why there is fud following biden administration's plan for crypto transfers “think of how stupid the average person is, and realize half of them are stupider than that.” -george carlin
so does this mean anonymity is just a farce in blockchain now?
i think just taxing the transfers to fiat will be the only way to really make taxation of this market work or there is going to have to be a mountain of new laws with a million new contingencies. consider this, some enterprising young chap goes into the smart contract business and provides a loan against your holdings at 5% with a 1 year payoff. you agree to him giving you ,000 of your coin as of the day of the contract in 12 monthly installments (8,750*12). you are not collecting gains from sale, you are paying off a loan and the money never traveled through a centralized exchange. all our young entrepreneur has to do is provide you with a lower rate than uncle sam. of course, the irs may ask where you got the . at which point you can produce your loan contract which shows it is not income but debt. maybe this is accounted for in current laws, but i have not heard of it. regardless, if my feeble mind can think about this possible simple loophole, there are a ton of folks way smarter than me who can structure something that is not yet accounted for.
biden fud = good news for monero.
yes, laws mean things are here to stay. lemme just go untie my alligator from that fire hydrant before i get a ticket.
yeah, always a good thing when our government wants something reported to the irs. there’s an old saying... what money is theirs, is theirs. what money is mine, is mi... also theirs.
here is something i wrote a while back: international & national regulation we view regulation from two aspects, a national one and an international one. in other words, while some countries might regulate crypto, others ban it. there are currently ten countries that are actively working on regulating cryptocurrency and these are japan, malaysia, singapore, china, spain, germany, india, the philippines, the u.s., and south korea. note that in india there is some confusion, as the country is bouncing between regulating and banning. the issue with regulation is that once a country regulates cryptocurrencies, it means that it has an intention to create its own national digital currency. note the difference in terminology; crypto vs digital. in any event, once a nation regulates cryptocurrencies in full, there will then be a plethora of regulations to ensure that exchanges are managed correctly and that trade in crypto becomes taxable just like trade in stocks and fiat. add to this the then regulatory requirement for cryptocurrencies that are to be traded to meet specific regulatory requirements. yes, this is the final step that separates the real projects from the fake. even now, cex’s do filter who is being listed, not just by cost but also by project analysis. in a regulated system, the filters will be prominent and the fees will be reduced to meet a standard listing fee that is government regulated. no more listing fees above …or linked to btc. (yup, a fee linked to btc is a sham, considering that 1 btc last year was trading at , and not trading at ). this means that the exchange is making 5x profit just on the listing fee alone. in a regulated society, the cex listing fee would be linked to the digital currency and not btc, so that listings would be focused on the quality of the project and not just the wealth of project owners. in a regulated world, about 90% of the current tokens and coins will thisappear, or will only be traded on dex’s that do not require any filtering, and obviously trade then as it is now, will be based on the traders own risk. trading on a cex will be regulated, and coins such as btc, eth will skyrocket as they gain regulated credibility as a currency equal to fiat but based on market perception. new tokens, and alternative markets, such as binary (forex) futures for crypto. while the ideological desire for “anonymity and decentralization” is the reason for the creation of btc, it is inevitable that the worlds governments and financial institutions will not allow such a vast financial resource to go unchecked, and will assimilate cryptocurrencies and eventually regulate them and control them…(just like the borg) especially when billionaires such as elon musk join in and create a true focus on the crypto world that the regulatory institutions can no longer overlook. (in other words; while there might be anonymous btc millionaires and millions of small traders when a real fiat billionaire joins in, the game changes for everyone.) post note: elon musk has been string things up in the crypto world, but his action has a much deeper impact and will continue to develop over time. the three steps that elon has taken are: enable the purchase of cars using btc, allow for transactions using doge and investing in cryptocurrencies. elon’s actions cannot be overlooked or thisregarded due to the level of impact he has on a global level. elon is essentially enabling retail trading with crypto at a level that has not been seen before. with this, the implications on regulation and taxation are already being implemented, not just for him, but for anyone that purchases or trades via one of his companies and partners. what he has also shown is that you do not need to own a blockchain or have a viable project, you can take a token such as doge and make it into a tradable coin for b2b, b2p transactions. this is the real gamechanger.
of course they want crypto to stay. they are dollarizing the world through the use of stable coins. this is why we need to switch to gold backed cryptos for stable coins, instead of dollar backed cryptos.
yo, american people. eli5 pls: i understand that getting taxed is part of everyday life, but ffs, all i see nowadays is how your government trying to squeeze the last cents out of you on every possible occasion. has this been always like that, or something changed with biden? be gentle, european here.
this is bad news as fuck, are you joking lol? it means you’re going to have to manually track everything you do with crypto regardless if you’re trading and report it to big brother. it’s draconian and way more strict compared to what we can do with fiat currencies or commodities etc. what kind of delusional mental gymnastics thinks this is good in any way lol. this has nothing to do with acceptance, it’s purely about control and trying to get a bigger cut of the pie; and crypto is a zero sum game. more control they have means less you have, the bigger cut they get, the smaller yours. i’m all for taxes etc, but this is getting a bit ridiculous. this is the proverbial “this could be good for bitcoin” bullshit that everyone makes fun of.
begins in 2023. that's more than enough time for poolosi, schumer and their ilk to withdraw all of their crypto to banks before it goes into effect.
biden is such a crusty old turd...
the us government does not need to admit a thing for crypto to exist and stay. this is a very ill-conceived policy that shows a misunderstanding of the space. i doubt it is even enforceable in the first place, nice way to add a ton of work on irs' plate (will need a bigger budget). if you want to regulate crypto, start with the exchanges that are shady black boxes that abuse their power on the back of citizens. so many questions : why the arbitrary number of 10k and not 100k for example? regulations are rules meant to protect health and safety, who is supposed to benefit from this? land of the free my ass.
if you’re paying taxes on your crypto, you’re doing it wrong
this is is horrible for bit coin. it’s becoming a surveillance coin. thinking this is good shows your inexperience. in the future people will value privacy a lot more and things like bitcoin with rules like this shit are gonna tank big time
us government is cracking down on compliance of taxes. meaning they will allow crypto to innovate & grow as long as you pay what you owe. very good news imo
yay! more money to kill middle eastern children!
“yay, the government is going to tax the shit out of me and that’s good. yay” who the fuck upvotes these shill posts?
do you have a link?
i swear ima go hoarse saying that exact thing here.
*us govt played themselves*
of course, that is huge tax money for the government
if you want to make anything out of crypto, fud is forbiden
all we need now is a ‘war on crypto’…
uhhh doesn’t uncle sam already get a piece of the cake?
america wants a piece of it, in other news, water is wet.
centralized government backing a supposedly decentralized currency. takes away some of the benrfits of crypto no?
the governments just want their share. if people started trading actual shit, the government will regulate and tax it. simple as that.
crypto as a protest against government control over our money. the more opposed to it governments are the more i'm onboard.
after reading most comments. oh boy, am i glad to not be american. let first world countries compete for our crypto gains in much the same manner they compete on taxes right now. germany and singapour both looking like very nice places to retiro to...
well now lets use the rupert murdoch trick without the too detailed explanation. can someone link the same article but with the heading "usa just approved crypto to stay with huge 10k limit per trade" and just link the article with a truthful explanation althought not honest and everyone of us upvote the shit out of that
just my opinion but the government's opinion is not that important unless it is adapting onerous restrictions my reasoning being that it is reactive to what occurs in a market as opposed to setting any form of direction setting a 10k reporting standard for transactions just brings it inline with all other forms of anti money laundering requirements in other financial spaces therefore the us letting slip that crypto is here to stay is pointless as they have no part in it aside from the threat of additional regulatory moves
aren't we having to declare crypto trading in our tax return already?
hey how about this: no fuck off fedboi, i ain’t telling you shit. i’ll transact everything without using a service like coin base to snitch on me
us gov said this china gov said that bitcoin and crypto do not care
taxes give me the most diamond of hands
this is actually one of the worst things that could have happened to btc
i can’t wait for someone to hack into the governments crypto wallet
privacy coins, it is about to be your boom cycle or death spiral.
i just find it frustrating how a country that was apparently founded on the refusal to pay ridiculous taxes is not fighting back at all to paying any more ridiculous taxes. it's like the irs is my fucking parole officer.
what if i never convert to fiat and use my crypto to buy goods, assets and services?
democrats with sticky fingers; it will come to no good.
i think that’s been established
this doesn’t even verge on interesting. the ‘mass adoption’ i want to see doesn’t involve the government looking arbitrary amounts of transfers. there is probably a weight of grain that they get interested in. this might support your bag position short term but we’re way better that this. slowly they get their hooks in and we lost all the advantages crypto had.
if government cared about growing the middle class it wouldn't tax crypto at all. the government does not need the money. whats it going to do with it? give other countries? wars? theyll just waste it
pretty useless rule that will only affect normal people. anybody moving large sums involved in crime will just wash it through monero or zcash and there’s no data the government can retrieve
don't forget, [fed chairman powell]( (aka the printer) just admitted that the fed will be releasing a report on a fed centralized digital dollar. for those of you who do not realize, this will completely legitimize cryptocurrency or better know as "blockchain" as a means of economic value to the rest of the world. we are about to witness the next internet race, but with blockchain technology. just wait for the european fed to announce they are building one. we officially are in a supercycle in my opinion and on the verge of mass adoption.
boating accidents & zcash everywhere
admitted? who writes this crap and the problem here is, it seems like we need their permission. accepted is the correct term and that is the only term that should be used. or, go purchase fiat.
i can’t stress enough how stupid and misleading this interpretation is of the recent actions by the us gov. 1. u.s. spy agencies declared digital currencies a threat to global stability. 2. the occ just told the house fin services committee that it’s reviewing whether banks should be able to hold crypto. 3. the gov is trying to crack down on exchanges so they can better catch people trying to evade taxes. the gov will learn that this is very difficult. here’s r“be sensible” posts from yesterday and back to upvoting fake news.
honest question. i am citizen in another country besides usa where cryptos are not taxed. if i get verified as a different person using documents from that other country in an exchange (i.e. kraken) and cash out in that country, and bring the cash to the usa. will that count as money laundry?
don’t forget to get a police report for your “boating accident.”
if it’s through a secure coin like monero, couldn’t you easily hide this?
this is good for xmr.
just pay attention to what big money is doing and the banks. its a no brainer this shit is all fud even an idiot can see it. anyone who is selling based on just news. idk what to tell you. im going on other metrics not some headline.
there's a secret amount we do not know about and i'm sure it is more like ,900. i asked a teller at the bank this question once and she told me she was not at liberty to say...lol
government will never let crypto get to the size we investors think they should because they can’t regulate and tax it.
what if. they. didn't know what crypto you had. 🤔
what i don’t totally understand is why this is significant if every crypto transaction is already taxed as a capital gain? i’m a hobbyist at best, and i still had to report every single trade or sale i made in 2020 on my form 8949.
they just want your money. once crypto starts threatening the dollar is when we will see some regulation. right now it is a way to make money, not replace the usd.
crypto exchanges donated big to biden.
won't the us folks just get a vpn and never tell the govt about their crypto profits?
it being "mainstream" is a two-edged sword.
i once had feds follow me to see what i was up to, because i was dropping 4k, 5k 8k, every other week. don’t be fooled folks the fiat in your pocket isn’t really yours, the minute they think you’re up to no good, they’ll be coming to repossess every single dollar. that’s why the sec is up xrp holders asses right now, they don’t want us buying it.
clue: stop using us exchanges
answer: everything is used for fud. bad news? fud. good news? also fud. it’s directed at people that don’t know enough to know any better.
is there any way using a decentralised exchange can help us with taxes?
as usual, any big news related to cryptocurrencies is construed as negative and causes mass panic lol
it will be crypto made by us govt.
why is it a good news that would affect the market? the irs has recognized the crypto for years now. they have even issued guidance on its tax treatment
yes, i suppose they realize that there is some money to be had, and they would like to get their paws on some of that.
listen to caitlin long for more on bullish regulation updates
this is making them too much money for it to stop now. and after that correction you can hear the salivating monkeys looking for that continuation of the bull run. i hope it burns and drops to
i liked the old days of: the internet, usenet, p2p, cryptocurrency, satellite dish cards, and fight club. once we break the first two rules it always goes to shit.
sure now that they have bought the biggest dip in history lol
good thing they know now the worth of crypto! but just a piece of advice to pips who wants to invest in crypto, make sure you have a strong foundation of knowledge before investing into a certain coin. quiver protocol might help you with legit infos. quiver aims to minimize investment risk to investors.
so if someone was to want to retire and cash out their crypto without paying us taxes, where would be a good place for that to happen, theoretically of course for a friend.
you guys voted for him 😅 people gotta just hold and then make big money where taxes do not matter...
this is good news? for who? this is a step toward regulation and taxing income. if they cannot control it adequately through legislation they will say it enriches china and ban it.
biden just declared war. regulate it into oblivion
they need to legitimize it for now. then they will develop their own or a cbdc, and then they will try to replace the peoples projects. don’t turn a blind eye!
newbie here, what is a fud ? is it something strictly american or something else ?
taxes = acceptance. and this is what we want long-term, no?
that's bad news you dumb bastard we do not need our fucking money recorded by these fucking criminals
u make a bit of money, gov would want to secure their share as well. those stimulus cheque fiat is not printed out of thin air. it comes from our pocket. its for country building anyway.
just more fud. ignore the noise.
yes, if it’s just a fad then why bother setting up a tax collection approach. it being regulated is a good thing and shows maturity. 👍
cue everyone breaking transactions up into .99 chunks
i see it as a good news as well. the irs does not care what you're doing, so long as you're paying taxes on it.
great news. just legitamizes the industry that much more!
more regulation should give more confidence to those who have not joined the crypto market
it will all be ok, as long as old white men or wall st. don’t get to make the law. we need newer generation of politicians who are more greedy about future than about corporations.
whether the usd or some crypto combo (i don’t believe usd will ever be totally replaced) ends up being the norm for exchange in the future, one thing that is certain is that the govt will find a way to monitor and tax it. surprised this isn’t already happening more wide scale tbh.
i will gladly report my crypto if it’s ever worth more than 10k lol
crypto is not dead but way way over valued and the bigger it gets the more certain it is for the feds to get involved and regulate it and eventually to tie it to the us$, at which point it will lose 90% of it is value. no govt can afford to allow crypto to challenge it is own currency. full stop. watch what the chinese govt declared today. they banning crypto as a form of payment. they get what i've written above.
biden bullish on crypto.
if we don’t cash out into fiat! we should not be taxed!!!! that how i feel about it!! i should be able to buy a house with a stable coin, an agreement between the seller and the buyer!
and people voted for biden?...granted my open mind tells me even if it were barbara streisand or steve urkle this would have still occurred. 2020 scamdemic was the smoke screen to usher in digital currency and stomp out paper money as they have been trying to do for at least the last 30 years that i’m aware of. they want your soul and they want to have full control to track us. decentralization is also a smoke screen. deployed only to make digital commie money seem savory. i’d like to read a response rather than seeing a down vote. at least be a man or a women about it. (also i never said if i do play with or do not play with mario coins and chuck e. cheese tokens) maybe i do???...maybe i do and still state the obvious does that stir up the feels?
i think this is great news. lends some credibility to the space and provides opportunity for more inflow from those who've been dreading regulations.
is that good for dex ?
what is 10k when transactions by whales are in millions?
bunch of paperhands and manipulation
well well well, turns out they finally figured that crypto _is_ the future
i was about to post exactly this until i saw this post. seems like a great thing for crypto long term.
the idea is to scare people to sell
these news are huge, especially to counteract chinas fud pppoganda.
dumb question but... what's fud?
i think some for of crypto is here to stay - but that is not what the goverment just said. ' they say - we want to know what people are doing with their money. just like thay have for 50 years.
but idk whose wallet that is. 🤔 i think they scammed me. jokes...
so transfer your soon to have fortunes at ,999.99 per frans
of course crypto is here to stay. the u.s. government wants that sweet tax revenue.
i highly doubt we're going to see a repeat of 2018 where prices dropped 80%+... there's too many use cases for cryptocurrencies for them to drop that much. people are decentralizing everything and incorporating crypto into their reward structures. this retains users bc everyone wants to make money (crypto). just look at this subreddit, it is insanely popular and the fastest growing subreddit for a reason: moons.
don’t they already do that? all ach to banks is already tracked right? over 10k
it's always been that way. it is permissionless!
not a problem if you never sell 😉
show me the money!!!
"cryptocurrencies are going to be so important as a unit of exchange in the decades to come" \- white house source:
does this mean we don’t pay taxes on anything 10k and below? like if i create a company with myself as the owner can i pay myself ,999 and not report it to the irs?
all they want you guys is to keep your coins on exchanges and not transfer so that they can fractional reserve the shit out of it and destroy it. but i guess you will do what you have been always doing haha keep fuckin their fiat!
it isn’t going anywhere 🔥
i'll keep hodling and buying more then. crypto is here to stay! <3 eth <3
whales be crashing the market before doing transfers, so their transactions would not get reported.
i'm fudillish on this news
it is good news that the us wants their cut from crypto trading. indeed better than forbidding it. they made it now official as you say.
pretty sure they are doing this so they can get their share. jokes on them if you claim more loss than gains though ☠️
and just like that crypto is regulated.
do people still fall for stiff like this? op, you're full of shit. i see you.
i saw something about this earlier and if they are going to follow the same aml. it makes it easier to watch for structuring. also you do not even need to hit 10k just do too many transactions over 3k in a short period of time, same results
i'm hoping this news raises the market a bit. i saw a small spike earlier this morning for my portfolio and it seems to be slowly rising still. i just started trading crypto a couple weeks ago, so it sucks for me with everything falling in price almost immediately after i started. would have been nice to start now so i could have larger gains.
here to stay is not the same as making it better. the gov wants a piece of this and are going to regulate it into extinction. the us government are the biggest thieves in the world
c'mon man, it is here to stay.
im not fuckin leaving
you are missing one thing - when everything says you should sell - buy. when everything says you should buy - sell.
it was going to stay with or without. what sucks is that it should have been bullish news because regulations promote accountable business. the whales or whatever pulled the rug and us small investors have to recalibrate. edit: deleted extra word
it's only fud for those that planned to never pay taxes on their earnings. for the rest of us, it is actually great news and will drive further adoption.
in my country any profit over 1200 has to be reported
what kind of stupid idea is that 10k transfer? i’m sorry that’s really stupid.
they just are putting their hands in the pockets they skipped over... fck the biden crew. this is the beginning of the end bby
only businesses are required to report
who is reporting this, the exchanges?
crypto is definitely here to stay
if i'm not mistaken, do not all exchanges that do business in the us already have to report all coin transactions over a couple hundred dollars to the irs? thus why binance kicked everyone out and spun off [binance.us]( and a bunch of other non us exchanges would not let us peeps have accounts anymore? herp de derp. silly journalists need to learn about the space they are reporting on.
well the us is only 4% of the world population so most of us are fine.
sooooo...we do not need to report crypto transfers from one exchange to the other under ?
i could only wish to transfer over 10k worth of money one day
maybe, but to me it just indicates that no matter the source of income, the government wants its cut.
welp i just bought more btc and eth after seeing this lol
i agree with op that this is a sign that the government knows crypto would not be going anywhere. anything to do with "money" is legal as long as uncle sam gets his share, right? the . the .
in few years, all the countries going to admit it.
do any of the exchanges generate tax documents for the us? i think that is a service they should be providing like any other financial service provider. shouldn't they have to provide a 1040 or something?
can they also make figuring out how much i owe in crypto taxes super easy? i'd be more than happy to pay up if it was not so complicated.
shouldn’t be any fud attached to this. regulation is coming and will help crypto in the long term
time to build bots that do 10 x ,999 transactions
that's fine i'll pay taxes on my 12000% gains
i mean, this is bound to happen. crypto can only remain a semi-regulated wild west for so long before the governments want their cut of everything.
this changes nothing, really. they were never going to ban crypto. if ya think they were you need to reevaluate what perspective you have towards crypto and how unstoppable it is. the elites are scared of it, shitless. they cannot stop it but they are trying their damnedest to control it through regulation and manipulation. don't let these people win.
this news just depends on how you see regulation. 1.)on one hand regulation could bring stabilization to highly volatile market. this could lead to more people buying into the idea and lead to great news for early adopters. or 2.) regulation leads to the downfall of crypto. why would you want to have government regulating a platform based on decentralized finance? that’s the biggest oxymoronic idea ever. other articles stated that this investment will include a update to irs infrastructure using machine learning to detect shady tax practices of individuals and business. which is great, but then destroys the purpose anonymity of the blockchain. also in other news came out today to boston fed is already working with mit to research the practicality of a centralized crypto coin.
i hope this also means the cost basis will get transferred between exchanges and. now it is a huge pain to track taxes if anything was not sold on the same exchange it was purchase from!
the tech is young and my investment horizon is long. so i hold and buy more.
one day they will figure out that one of the reasons crypto as currency was made was to keep politicians grubby hands off of it.
awesome news for the u.s. amid all the china fud!
do what they do and offshore that shit.
i thought this was pretty much decided in 2019 already? (see reference below) you all have been declaring your crypto earnings, yes?
they want some of that crypto revenue
so wouldnt that mean xrp is about to pump?
crypto was here to stay regardless of what the government tries to do.
that’s great news !!!!
this is the ctr reporting threshold established under the bsa, which is also outdated by decades. they cannot keep up with such low transaction amounts; it should be inflation adjusted closer to .
sure but they made clear they will be regulating and tracking it. another move they thiscussed is looking into federal electronic currency. so yay?
what happens if we are trading on a non-usa platform?
bank teller: you deposit 1000? must be nice me: yeah, i won publishers clearing house (has 2.5 mill in crypto) bank teller: this is thee way me: this is the way
how do you guys think this will affect privacy focused coins like monero? the whole point of those coins is that the transactions are untraceable, right? would it just come back to bite you if you tried to sell at some point without reporting it? if not, privacy coins might become a lot more popular in the u.s. in 2023.
this is terrible news anytime i have to do more paperwork i really get turned off. doing big trades now i'm almost going to never want to do. gone are my days of trading over ,000. for fear of getting cold structured trading i will probably limit my trades to 1000 1500 tops and even that i'm paranoid now
was this proposal made after or before this fat media-induced dip?
they would be stupid to not get in on it for tax reasons
nobody ever thought crypto was going to be banned in the us. atleast not recently. cmon...
hypothetical. say i took a 3k profit on a coin and reinvested said gains into another project, setting aside my stcg’s tax fee. when i sell the second project, will only my gain versus the original investment amount not including the rethistributed profit from the other project be considered for tax purposes?
like they ever had a say in that. xd try and stop us.
just buy the dip you already know its the way
somehow the government will ruin this like everything else. i like stock regulation but crypto as a wild wild west is more profitable to me.
of course it’s here to stay. the financial tokens will be part of everyday life by 2024- wether you use them individually or go about your everyday card usage.
isn’t it crazy that this is even going on? i love how the world seems to just be figuring it out as we go along. nothing seems final until it’s written in stone (blockchain) forever.
i'm relatively new to getting involved with all this. yes, it was doge that got me. but now i follow a few more cryptos and even have some of them and i was wondering what are the trusted and not to be trusted sources for looking up info on different types of coins and whatnot?
excellent news. planting my seeds now. excited to see what happens in the future.
fucking excited about this ![gif](giphyjqxajahdd8bvau3onr)
maybe people thought that gains from crypto were tax-free?
this is an excellent way to incentive privacy coins. the feds must be long monero?
is it true that the government does not decide if it stays. it is us, who decide?
what are some of realistic projections for a top bitcoin this cycle?
honesty was thinking of this, if i do make a lot in crypto. my ass is moving to another country where i stay and retire.
lol deff here to stay if they ask you while filing taxes " have you ever purchased or traded crypto currency"...getting their greedy hands ready to "fee" the fuck outta us...
i wonder how this works for loans? cause if you use nexo you are not making a sale. but when i used the loans i had to do an enhanced kyc.
lmao how tf are they gonna enforce that?
and if one transfers + before the rule goes into effect in 2023, what?
didn’t they already admit this when they concluded that to effectively ban crypto they would have to ban the internet*? edit. a word thanks mobile
well they aren’t going to outright ban it. all of this means that there’s going to be a lot more restrictions on crypto coming soon
this is a bad thing becuase fuck those pricks and their tax hungry hounds.
even here in india, government banned to send inr deposits to crypto exchanges.can do only p2p now.
does it really matter? the second biggest economy just shut them out, and actually several other countries have also made laws to ban crypto this year. it’s going to be a crazy ride.
soooo it is becoming centralized??
so now big money has sucked ?
no way i’m selling. i just left my laptop closed for a few days. does anyone remember when btc was at €20k?!
good to keep in mind that you are responsible for your tax documents and reporting. crypto exchanges do not, and are not required to, provide the same tax documentation as stock brokerages.
does the government tax crypto based on fifo or lifo method, or does the owner get to choose the approach?
isn’t the whole theory that btc is to get over govt control lost when every 10k needs to be reported? what if irs imposes a transaction fee on trading btc or additional taxes on gains on cryptoassets. i see this as the beginning of more control over a decentralized currency which is a bad omen.
what do you mean from 2023?
yep, regulation adds legitimacy
uncle sam be taxing everything it sees and it is surroundings!
it would be a nice gesture for the us govt to also admit that cryptocurrency is currency rather than their thishonest scheme of taxing it as an asset.
community adoption forced their hand.
well, time to holding again i guess
of course it is here to stay, couple a strong kyc with the transparency of the blockchain and they will have every single transaction of every single citizen. they know even when we go to buy toilet paper to wipe our ass. i bet they ruined fiat on purpose solely to facilitate this transition.
they said they want to regulate it, as far as i can tell. that's different than an outright ban.
bullish u l lllll issshhhhhh
i thought us crypto was already in the white zone in the us.
like if they said "crypto will never be here for long" would make any difference, this currency has been here for long and it will be here for long with or without government , the fud they are getting is the fact that they want a piece of the pie where they did absolutely nothing for this market , only acted negatively troughout the years , lol , they want more taxes , more money for their lavish livelyhoods
they have to use crypto themselves to make it more effective
united states of diamond hands
can they tax my gains if i accidentally lost my ledger wallet and someone found it and cracked my ledger and transferred my money out into their accounts. will i be on the hook for that scenario because if so that is gonna be horrible.
not good news for the haters of hacker news.
in india government also says crypto gains are taxable but the rbi, going to launch their own crypto, and trying to sabotage the real decentralized crypto. '
bullish on the big 2!
get your tax forms ready boys and gorillas
good luck trying with privacy coins.
this plan has dementia all over the place in it, akin to bidens admin. it is simply impossible to follow this.
yeah it is not like "governments do not like it" is some surprise outcome that no one saw coming. that pushes it up, not down.
i still got moons even though i am not mooning.
bad week? buy dingus
not really, they admitted that crypto is income which we all knew it was. and if you haven’t been paying taxes on it you’re fucked. and you’ll likely be audited. especially if you claim a loss on it and coinbase or another exchange has reported your basis to the government (which they do). cryptocurrency people on reddit have a real hard time just grasping that not every piece of news is fud or good news, there’s a simple third option which is just neutral news. this is simply neutral news, neither good or bad. as it’s something we all knew.
the fact that this sub is genuinely trying to spin this shit as good news is fucking outrageous. everyone knew crypto was here to stay. what? did you think biden was gonna ban crypto or some shit?
good to know that! i feel confident to use and invest in crypto since 2017. and now i can say that this will make me financially stable. especially with this new defi farming that i've found that is being simplified and gamified defi farming plus an nft based ecosystem. where users are allowed to monitor and visualize different protocols in a single dashboard
for lot of users this money is totally fine
in belgium you have to pay taxes if you want to withdraw 10k, but i'm sure they will regulate it more because our country is shit and the state's dept keeps on getting bigger
they can suck my diamant dick
next step is to ban the convertibility.
i'm not leaving. i'm not fucking leaving!!
great to hear that! hope a great weekend ahead, hodl\~
welp, time to move to offshore crypto sites. i mean, that is what the politicians do to protect their money right?
probably said that so they could tax the hell out of it just like how they milk taxes out of everything
of course the feds want crypto to stay. since they appear to have the ability seize wallets at any time, crypto is a perfect revenue source for them - you pretend it is secure and they take it whenever they want.
guess what else is here to stay? gambling!
of course it stays. it is a better system compared to fiat.
i really did not need the us government to tell me this. i think the us still thinks its a leader of the global market.
really good insight of the situation! 💎🙌
this is good for monero
crypto : fast & furious stocks : slow & steady
i hate the 10k rule. it was originally created back in the 70s ( pretty sure) and accounting for inflation that number was equivalent to well over 50k in today's monetary terms. i do not think the government should be up our assets for 10k. but hey i guess that is why i'm in crypto either way.
wait - adding the government's take to the costs involved in trading bitcoin makes it _better_?
mr robot predicted this! omfg even joe biden appointed the exact same woman that is represented in the mr robot episode when this is announced. what is happening? tell me you are seen this too
i think you read too deep into that irs’s actions. us government is made up of different agencies that are more independent than you think. just because irs plans to tax it in 2023, doesn’t mean others like the sec won’t do anything meanwhile
i thought they did? not to mention, they built the biggest bitcoin operation in texas which they also announced a few months ago...
or they think it may or may not be here to stay but in the meantime they want to continue to collect taxes.
we’re shaking out the q-anon dorks who panic anytime the government says something. works for me.
faced with the obvious, one must know how to accept it. the american government is doing it and all the others will do it sooner or later. it is only a matter of time because the success of bitcoin is inevitable.
it is kind of amusing though...
it’s good news for the us gov. they don’t care about crypto they care about getting what they think their entitled too. this is why privacy coins are going to be huge. if they irs can paper trace all transactions then those coins shouldn’t be considered defi.
fuck it, if the feds are on board i'm out
the feds own all siezed bitcoin wallets. so the usa federal government is the owner of a crap ton of crypto. russia is also dedicating large percentages of its currency into crypto assets. nevermind, the government cant control if crypto is here to stay - this is the people currency not the gov!
jesus man... you are pretty much creating your own logic to fit your narrative. this means nothing.
yeah this law is the us government admitting that crypto is money, not property. transferring , only transferring . congrats bitcoin, you just won another battle!
hopefully nothing will change about it.
if it is preferred to work p2p rather than with an exchange, visit [kycnot.me]( there are plenty of sites to get into some crypto without the kyc checks and increased privacy.
“it’s here to stay but we’re gonna tax the hell out of it because you can’t make money without us taking some.”
i’m from the uk so correct me if i’m wrong. there seems like a possible loophole here , is the over ? because you could just keep moving sums under ’t legally be required to report it. surely the us administration isn’t that dumb.
if only the us government would just tax the churches. the rest of us would only have to pay 2% to keep tax revenue the same.
the people crying about this while simultaneously using government subsidized internet infrastructure to trade crypto are hilariously stupid. if the anti-taxation't be long before they were begging to reverse it. the amount of technology, infrastructure, services, and general innovation that wouldn't exist without government funding of some kind is massive.
who cares? this is not news.
definitely good news. adds to the air of legitimacy
and how exactly do they plan on tracking these transfers. is not the whole point of crypto that it is anonymous? i could see being able to track it when it is converted to fiat but how would you track actual crypto transfers?
this is really positive in my opinion. the gov takes crypro on the same level as fiat currency here. they are accepting it, bullish
this is great news everyone!
can’t stop the wave mine as well turn around ride it!!! cheers for the future
even better the federal reserve is looking at creating a digital coin. that would be huge in terms of a tradable pair that is not risky as tether and other stable coins.
i dont see any issues with being taxed on earnings as long as it is not 43% or something crazy like that.
are people upset they have to pay taxes or something? welcome to life, children.
thank god finally we may get some actual regulation so people like musk cants just pump every coin legally.
yes poly. shib. safemoon going to make me rich
this news is about exchanges reporting not individuals. if you’re already tracking and paying crypto taxes this is nothing to worry about. trying to evade? going to be harder now and should be worried
who cares, the us is not even close to the center of the world, and let us face it after the last 4 years they have got a lot of apologizing to due...lol i'm joking i love our downstairs neighbors, they are always putting on a show.
thats actually good news, i was speaking to a couple of co workers regarding china potentially creating their own crypto "yan" i believe and if how the us doesnt get its shit together we can be in serious trouble.
the us government is finally understanding that they cannot stop blockchain. overall i’d also say this is good news
biden is fud, thats why.
bullish day boys and girls!!
this is good fro crypto
lets goooo, bought right before the dip. glad to be apart of this. ada, bitcoin, and eth!!!
i agree with you. this is good news.
the us government has been admitting that, the sec chair is pro-crypto.
you guys are missing the point, like china the usa will eventually make usa coin. all other coins will be useless
this is a very good sign!
i long for the day when this is a factor for me.
crypto taxes will bring in so much money.
the taxman wants to get in the action…ok!
it’s gme related because hedge funds were pumping and dumping markets to make their liquidity look higher than it actually was
fud because some whales want in. do opposite of whatever "the market" tells you.
lmao. if i transfer anything over 10k and faux joe tries to take my money, i'll laugh so hard. the fed income tax is unconstitutional anyway
fucking biden and his cap gains taxes. absolute robbery
the us government is powerless to make such calls. (since 2017) when all they did was fud and put people in prison and take away their human rights. also the us government is so stupid that it killed millions of businesses due to covid-19. how can you trust a bunch of low iq people that have not taken brain scans to see if they are capable of ruling, to rule? if the system is not transparent and leaders refuse to reveal their iqs publicly it means that they hide their stupidity.
and when you're ready to start holding crypto, help your money work for you by earning interest on your portfolio. a lot of exchanges pay compound interest in the same coin that you're holding just for holding it on their platform. this enables you to earn exponential, passive gains. especially when holding for the long term. ' i put together [this spreadsheet]( that compares interest rates paid on 140+ coins by 15 different platforms to help everybody find the best rates for any particular coin they may be holding. ' disclaimer: this strategy will not really help those who are looking for a way to "get rich quick". nor will it help those who panic sell when prices dip. this strategy is most effective when holding coins for the long term and works in symbiosis with dca. the name of the game here is compounding. ' feel free to continue this thread or dm with any questions you may have about my spreadsheet or about earning interest on your crypto assets. ' good luck to all you diamond-handed new investors!!
oh yeah tax time 😎
sell everything. its over. bull ended. we are in winter bear. everything will crash. btc is going to 20k it will take 3 years to recover.
you'll have some sweet capital loss tax offsets 🐵
jokes on you. you did reverse the loss, did not you?
there are services such as [koinly]( [accointing]( and [cryptotrader]( that can be used not only to track your crypto portfolio but also prepare tax statements based off of your transactions. but i do agree that the tax code could really use an overhauling.
yeah i only had 1700. and i'm still scared the irs will come and tell me i owe more than i really do.
i used cointracker. it was recommended to me by turbotax when i filed. i signed up and it synced with my coinbase account. generated a tax statement for me and turbotax imported all info for me. ezpz
they will make this against the law like it is for cash withdrawals or deposits. it’s called structuring - 31usc5324. the biden admin sees crypto transactions as a giant piggy bank in which they can extract “revenue” through taxes. i believe a conversion from one crypto to another should not be a taxable event because there isn’t a realized gain. however, that’s how they plan to extract as much in taxes from crypto as possible.
lol... i remember that story about some teen who made dozens of trips across the border into mexico to sell his bitcoin, bringing over usd in increments just under what he legally needed to declare. bank was all "wtffff" he got arrested and over a million was seized... who knew??
lol but then they know the wallets by just watching the block chain. good luck criminals. i do not think the feds are worried. crypto gives them a paper trail they did not have before. cash physically changing hands is way more anonymous than crypto. edit: nice comments everybody. i just want to reiterate that crypto is not some magical financial vehicle that can automatically hide criminal behavior from ever being thiscovered. so spread the word because detractors will use that as a reason to not allow crypto.
which is dumb cuz you'll get reported quick. everyone knows this trick and people get caught every year for doing this and getting reported.
9900 lol. like that episode of sopranos where carm steals tonys bird feeder money and invests it all in 9900 increments lol. and the banker even points it out and shes basically like so what.
me and uncle sam the biggest whales out there
> section 5324 further provides that a violation of this provision may be punished by a fine or up to five years in prison, or both good luck hope they do not catch you.
kind of like when i go to the bank and see people depositing exactly .
but the system is also designed to spot attempts to circumvent the .
you do realize that banks will track that shit right? if a bank suspects that is what you are trying to do, guess what happens?
that would be an even bigger flag, especially when done in quick succession. they have the same laws for banks when customers deposit or make transactions that are above . however bankers are told to flag any transactions that appear “suspicious”. anyway, this is a good thing. it legitimizes crypto as an asset.
perhaps this applies to crypto or not, but when someone makes 2 deposits combined worth , that is reported to the irs as well.
cash transfers get taxed at , wonder why the lower value for crypto?
9,999.99 transfers is the way
fyi to anyone seriously considering this. it’s called construction and it is a crime with worse punishment than not reporting to begin.
more like ,999 😄
psssh i just wanna make a transaction that size one day
these will be reported as well. i asked a banker friend once about how this sort of thing works and the 10k limit, at least in canada, is more of a mirage than a reality. they actually report everything and highlight patterns, amounts, and participants that look suspicious. and yes, one of the most suspicious things is always sending amounts just under the official 'reporting limit'.
this is the same thing that is done in casinos, anything over 10k has to be reported to the irs. if you keep doing transactions that are <10000 say 9500 - 50 times the business will most likely report it to the irs as well or keep track of it atleast. if you run to the cash cage and keep pulling out 9,000.
they will probably try to enable a bsa type policy with ctr and sar filings to try to report structured transactions like that.
tax evasion goes brrr brrrr
that’s called structuring and it’s illegal
not how it works, fun fact in the u.s withdrawals. transactions. another fun fact is bank grouping. meaning if you send 3-4 transactions via wire that total around or near 10k (give or take 10-15%) banks have systems to detect this is potentially trying to hide from the irs and it’s reported to irs as required by law. no one fucks with irs not even banks.
to multiple addresses... (remember when napster shut down? me either... because there is always a workaround.)
make it 9,999.99 $
so wait if i want to buy some btc on robinhood. and i buy 10k worth of btc. ill had the feds and irs up my ass with a microscope? thats bullshit
so this 10k thing is not individuals transfering from wallet to wallet as some people are saying?
"cryptocurrency transactions are likely to rise in importance in the next decade" sounds bullish
that makes a lot of sense targeting bussiness.
they tried to bring this in in australia recently for cash purchases. it got shot down hard. you already have that in the u.s? seems so authoritarian
uncle sam biggest whale confirmed
too late, uncle sam, you're only getting a piece, not the whole cake.
uncle sam does not want to let us ball on 20 inch propellers give me my cut is what he tell us, no my money gets jealous *-chamillionaire*
they want to eat the moon cakes 🎂 😋
trust uncle sam always getting the biggest slice of cake
the same tax rules that apply to other property like collectible coins or vintage cars that can appreciate in value, also apply to bitcoin, ethereum, and other cryptocurrencies. it's just hard for the irs to enforce that, but of course that was going to change when crypto became a bigger deal.
you have to pay taxes on it anyway. good luck trying to actually spend any of your crypto gains without the irs coming after you. you can only buy so much with crypto and if you turn your crypto into $, that money is going to raise questions as to how you got it. i’d rather just be able to say “crypto gains” than get investigated for money laundering.
probably want cake by the ocean 🌊 🎂
"this is good for crypto" ![gif](emoteemo_pack_1dancing_wojak)
now we need biden to start using crypto as international transactions. that will put the price in the 300k range within a week easily.
with a fantastically incorrect interpretation by op. all signals by the us gov right now = strict crypto regs coming soon.
how can we not love this rollecoaster of emotions?!
it's so transparent haha suddenly all news becomes bearish af before the crash, then when whales have accumulated, boom all bullish twist again.
lmao... make a paper wallet and put your 20% or whatever you owe in it and mail it to them.
will never happen in any major country that controls their own currency (unless that country issues their own crypto). having to pay taxes in us dollars is one of the major things that keeps demand for the us dollar and allows the us to influence economic activity as they see fit (by increasing). think if millions of people and businesses suddenly did not need us dollars anymore. good for the individuals who are hodling, not good for the us government.
the real question right here!
counterbalances the china news nicely. hopefully this will draw in even more serious investors.
dumb question, but what does ico mean?
seems like a lot of people here go on boating trips.
m o n e r o
well to be fair anyone can try evade taxes with any trades the question is will you get caught. the answer more often than not is yes. but you can do it if youre so inclined.
so like the majority of people here? i just had someone try to argue with me that the 99% can control cryptocurrency and protect themselves from the 1% who controls most of the wealth in the world.
governments cannot tax crypto itself. that's the whole idea behind it (to me at least)
you mean like calling cryptocurrency both a property and a currency? :eyeroll:
they just need they cut of the profits. like working with the mob.
they kinda do though, just because they cannot shut it down does not mean they cannot make trading, buying or holding crypto illegal not saying they will though, i'm more bullish then ever, just saying
could've been worse, like buying icp (like i did).
transfers of ,999 are arguably worst than ,000. shows you're trying to hide something.
structuring is a no no
structuring is a big deal.
monero mass adoption incoming...
i would assume it means taking 10k of profit would be reported as well. my only real concern is the irs grilling people over spending their own money to make an investment that paid off. treating them as if they need to prove it is not laundered or otherwise ill gained.
lol is right 😂 but, there is decentralised exchanges? that are actually safe and reputable? and convert to fiat?
it more or less is probably the future of currency as we understand it, which should bring on a strange new economic shift i think.
if you make a profit converting currency back and forth you absolutely have to pay capital gains tax on it in the us
yes, it’s fucking outrageous. they expect us to track every crypto trade and pay them heavy fees on every transaction in their stupid fiat currency. the more decentralized crypto gets, the better. this is a people’s revolution in every sense of the word and the bankers who control governments know it.
>does anyone else also feel it is complete bullshit that they are treating btc and crypto currencies as assets and not currencies? if only the entire crypto community was not constantly talking about "hodling", "store of value" and "i'm not selling", which is totally how people talk about a currency they use and not an asset they are speculating on.
actually it seems reasonable. forex traders have to pay tax too.
that's why i would not be using it as an actual currency any time soon. have enough trouble tracking buying and selling itself, do not need to track purchases as well.
if taxes come, that means you have gainz!
taxes are already here 🤑 i am bullish on this news
rethistribution from other poor people back to daddy government. how nice. you do not actually think everyone keeps gaining and no one loses, right? out of sight, out of mind!
a lot ton shit
hopefully you can help solve my problem with xmr. everytime i buy some i end up loosing my keys in a boating accident, does this happen with you as well?
they literally just want their cut
funny how we all see the same world through different lenses.
it always was. every transaction is publicly available on the blockchain.
without being as political as possible here... it is always a thing, squeezing the working class, but each party for different reasons. the democrats are pretty well known for being the taxation party, as they generally support a larger federal government with more spending especially on social services. republicans are known more for wanting to spend money on subsidizing industries that have historically support them... while simultaneously making small adjustments to lower taxes elsewhere to appease their supporters. this is very very simplified. but in general democrats in power increasing taxes, expanding tax enforcement, removing tax incentives etc... is how they operate. when it comes down to it both parties generally vote to squeeze the working class. just democrats much, much, much muchmuchmuch moreso. there have also been numerous controversies over allegations of the irs targeting specific sectors for political purposes. under both leaderships, the irs has consistently and ohh so conveniently not targeted the largest corporations and wealthiest americans.
“have to” lol. i’d love to but i keep going boating with my friends and goddamn these things keep sinking with all of our keys...
you only need (or should) manually track it when you move it out of an exchange. otherwise i've been claiming my crypto gains since 2019 (link below) as since i was using coinbase tied to my bank account, it wouldn't be hardfor the irs to pull cb's records against my tax return. it's not like coin base (or any other legitimate exchange) is going to tell the irs to pound sand. that's not the people they want to anger. using coinbase, i've used [ to prepare my documents and it just took the .csv files right in. if you trade out into a paper, and then spend it from there, i suspect you'll leave no paper trail and could spend those tendies tax-free, but trying to turn the crypto back to fiat will leave a papertrail. the more you deposit into your bank, the bigger the red flag. unless you can show the offset on the purchase price, the irs will be assuming 100% was profit and income to tax. also, if you have a crypto loss, you can carry your losses up to other years and use those as 'credits' against taxes you owe. tldr: i was a dumbass and did not claim all my capital gains from stock trading and was once audited by the irs. they actually ended up owing me money, but it was stressful and a hassle. don't be a dumbass like me. if you're making money, pay your taxes. you're not losing money, that is a good thing. ' [
the banks report if you receive more than ,000 deposits in a bank account. this just brings crypto policy in line with existing law. it's not "getting ridiculous", it is just ensuring consistency to eliminate loopholes.
whole darn democrats. they do not like people making money.
here is the link:
i have to pay literally 50% on my crypto gains. it's criminal here in canada lmao
yep. its not hard but for the love of god record literally everything you do, will make everything so much easier
tax everything 10% (no ifs or buts) and the world will be better for it.
this is even more bullish news for crypto. fed basically admitting there is something to this technology after all.
this is one of the most ignorant posts to ever get 1000+ upvotes on this subreddit. i guess an easy way to moon farm is to just tell people what they want to hear even if it’s a total lie. to anyone actually paying attention, all signs point to the usa cracking down on crypto.
you’ve got the right of it. this post is infuriating because it’s such a bad take.
r. every single indication out of the u.s. gov points to a strong stance against crypto coming sometime this summer (probably july or august). one more incident like the gas pipeline ransom hack, and it would not be regs, it will be a ban. u.s. national intelligence agencies have declared crypto a threat to global stability.
the big thing here is, that they may be able to tax the transactions for the sell or buy (in reality its the conversion of the currency) to force this rule. since the wallets (ie accounts) are not held by an institution, they cannot tax your gains unless you convert the currency on an institutions exchange. the 2nd line is why china is so scared of btc. they cannot manipulate the currency (ie keep control) for their ultimate goals.
you cannot tax a market that does not exist. in fact, the bigger the market, the more tax you can collect.
fear, uncertainty, doubt. strategies used to get people to sell to try and get better entry points
>those stimulus cheque fiat is not printed out of thin air. umm...
look at how much the fed printed off in the last 12 months, it is literally popping out of thin air
but it is being regulated with old rules banks & . if they really wanted to regulate it they would use the new rules -- blockchain rules -- tax the miners, do not tax the users of the currency.
more regs? wtf! lol
i'm sick of people who hate others for making money.
if it is truly decentralized, then yes.
hrm... may be more to 6ix9ine's name than meets the eye ...
you have to pay taxes on any gains. i've been hodl'ing for a couple years and did not make any where near 10k in interest but i still paid tax on the interest i did earn. any wallet companies you utilize are reporting that to the irs as required by law.
wtf? i know you're trolling.
that would be what's called layering, and illegal.
except 60% of central bank currency reserves are held in dollars, and many commodities are priced in dollars. i think what the us does matters a lot, do not you?
coinbase and a few others already do
100% agree. my 1 btc gets to a , not back to .
true. but you need a stable market. it helps when gov just stfu and just accepts crypto has a place and we're not all weirdos.
specifically, what part of my post frustrates you? my biggest concern right now, is having the rug pulled from the market. yes crypto is here to stay, but you need people to feel comfortable that it is actually a "thing". i'm not talking about people like me (or you), who've been in crypto for a while. you might not need your gran dad to invest in btc, but that is what will take btc to . the more regulation comes into the market, the more it is considered stable enough by your gran dad to invest. and we all make more money.
no they would not ban it. but they can shrink the market through fud. i do not want a , i like a .
wasn't pure decentralized finance a dream more for 2050 and not for 2021? but your first point is where i lean. most are in this space to make money, i doubt many will pass the decentralized crypto "purity" test when more money is on the table.
a bit different. this time it is aimed at businesses - "it calls for businesses receiving crypto to report on transactions larger than ,000 — a standard that already exists for cash transactions" as its from 2023, it gives market time to grow and sort itself out.
see, you don’t hear much about this because privacy coins - even monero - are not really in the spotlight. if privacy coins skyrocket in value, they get in the public eye, and the gov will push for more regulation on them or make greater efforts to develop tracking technologies. people who want to use privacy coins shouldn’t want them getting too big, just far less volatile.
it’s aimed at businesses. government anticipating more businesses will take payments in crypto
today. also, powell come out with 5 min vid today confirming fed looking to move forward with digital currency
buy, sell, convert are all taxable events.
owners choice i believe
when you are desperate for recognition and do not understand shit every news is good news. i mean the government wants its own share, even if they did not believe cryptocurrency was here to stay why wouldn't they want a piece of the action? people do not about that.
yeah, even chevy is better. fiat be like "we gonna throw a hellcat engine in this" (points to picture of minivan) meanwhile their qc is worse than ford when the firestone scandal happened with the explorers
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literally was reported today.
i'm down 50% if that helps
no, anonymity is not the point of crypto.
wouldn't it just be a stable coin? not gonna affect by investments in btc, bnb, sol, ada, hnt, vet, cel, link or eth. also means i can sit out overheated crypto markets more securely in us cbdc, as opposed to shitting myself holding everything in tether.
nah. renaming dollars 'greenbucks' and calling it crypto misses the point. finite supply outside the control of anyone; trustless and guaranteed by math = crypto. btc, xlm, or nano will survive.
hedgies love the good old rug pull. you ever followed after hours trading on stocks? crazy the prices they run up to. only scraps left for retail at the opening bell.
any potential user leak or issue with those services? i’ve been skeptical to input my personal account info
this is the case here in france. you are only (flat) taxed on your benefits. you can do 300 trades if you want, as long as it stays in crypto you do not pay anything. (current law of course, could evolve if crypto becomes a "real" way of payment)
time to make a blockchain that refuses to send more than 10k usd at a time so you have to.
i agree but how the fuck are they going to enforce this if someone is just getting crypto from an individual and not an exchange. everyone needs to get themselves a crypto dealer.
yep, we make it, they take it
they mandate that conversions from 1 crypto to another be done through the usd value of the conversion at the time of the transaction.
this is a very good point. will they determine moving out of a crypto into another crypto as a "realized" gain or treat it similar to a 1031 exchange for real estate. i tend to agree with you that the gain is not truly recognized unless you touch the money...and moving from one crypto to another is definitely not "touching" the money. this is definitely some us legislation to keep an eye on.
i agree but it’s all about the government getting a share of the gains. and unfortunately there’s tons of precedent where these kinds of swops are taxable even though you aren’t realizing a cash thistribution.
it sort of depends on what it is and what it does. some transfer are very similar to converting one currency to another currency, and typically for small amounts wouldn't be taxable or reportable. however, converting one coin for another to speculate, is not any different from selling your gains in aapl and buying some tsla. you should pay taxes on any gain (or report a loss if applicable) in that scenario. for example, usdc to a euro dai, probably fine. converting appreciated btc to eth, taxable event.
should a stable coin be considered taxi event to you? or just considered evasion since theoretically something like usdc is always the same as the real fiat
i'm not sure how it is in the us but in canada the guideline is if you trade crypto for crypto you report it as a "barter" transaction and you're supposed to report those gains in their cash value.
if they want our money i think it is fair for them to actually provide some guidance though. i pay my taxes every year, but my crypto taxes have gotten quite complex, and there are several situations where it is really unclear how i am supposed to report it. seems like a fair trade in return to paying them significant sums of money.
*thank you!* why the hell is a conversion taxable? we need to start a crypto lobby to advocate for sound legislation regarding this new asset class! this is also why i hold instead of doing a lot of buying and selling.
how will they manage that when atomic swaps become the norm? crypto is like water. every time they try to regulate it it changes shape and pours through their fingers.
tax the rich!!!!!! wait...
this is their plan i think: print fiat ad nauseum until it’s worthless and recapture all their wealth by turning all future mediums of exchange into taxable events at every transaction. they will make it easy to use crypto but impossible to use it without an automatically processed taxable event each time.
that’s how it is in australia.
yes, i was just explaining that exact thing on another thread. it's bull shit. that's why these dex can make a huge difference. i'm waiting for them to tell us we cannot take it off of the exchanges. that'll come sooner or later. i hope i'm wrong
it's the same here in canada too. seriously, how the fuck is converting ? i have not converted it back to my country's currency yet. that gain has not been realized yet.
yeah it’s so stupid, how can they tax me in dollars if i didn’t make any dollars to pay tax out of? now i have to liquidate assets to pay taxes on them?
just use a dex.
all it means is that instant crypto millionaires will have more incentives to open offshore bank accounts.
if anything, it should be a loss, no? because fees
i also believe that trades in crypto shouldn’t be taxed but you can make purchases with crypto so they would never see taxes if they made it this way...i think.
> i believe a conversion from one crypto to another should not be a taxable event because there isn’t a realized gain. however, that’s how they plan to extract as much in taxes from crypto as possible. lmao good luck with that
> i believe a conversion from one crypto to another should not be a taxable event because there isn’t a realized gain. so crypto gets to be assumed to be not real money then, huh?
it is a taxable event in australia to transfer crypto, because you are crystallising your position (gain or loss) on the crypto you are transferring from. losses can offset gains and your net profit is taxable. they are capital gains events and can benefit from the 12 month holding cgt thiscount. (this is not australian tax advice and check with your own tax advisor or accountant)
that sounds like something that should be illegal
yep in new zealand we already must pay tax on any ‘thisposal’ event, which includes crypto to crypto, crypto to fiat, crypto to product etc. both values converted to nzd and the difference from how it was obtained is the taxable profit.
if i sell one stock and buy a second one then i pay tax on any gain from the sale. why should crypto be different?
weird considering how fucking easy it is to anonymously convert.
i don’t agree. if we’re going to consider crypto’s on par with fiat, how is it any different than forex trading?
yeah, swapping between crypto shouldnt be taxable, usdt, unless you sell stable coin to usd then any cap gain is taxable
crypto actually has no physical location. so when you are leaving the country you do not have to declare it because it is already out side of the country on someone else harddrive aka the benefit of blockchain. so when you sell it too just because you might be in somewhere it does not mean the transaction happened in the country. so on this basis it is a non taxable event even though you might be in the country if trading crypto-crypto. not cashing out
don’t worry, it will be like the patriot act
the solution here is the same. open a foreign bank account
well couldn’t you just trade forex and never switch it back to usd. i feel like it’s something like that
how will they know? i thought that was the anonymity of having a crypto wallet. i'm starting to lose my understanding of what makes crypto decentralised.
uhh you realize a transaction between fiat and fiat on a foreign exchange platform incurs taxes too right? why the fuck would cryptocurrency, a new and highly speculative asset, randomly get better tax treatment than say the usd? like just what? you’re asking for something ridiculously unrealistic.
> the biden admin sees crypto transactions as a giant piggy bank in which they can extract “revenue” through taxes. if they tax it, they will protect it.
that’s like saying swapping between gold and silver shouldn’t be a taxable event.
serious question: how is a conversion from one crypto to another not a gain? it is supposed to be a currency, right? if i spend 10k, i made a profit that i have to tax, at least where i am from. how would this differ for crypto?
you get taxed when you exchange real currencies. why should this be different. from the beginning crypto kids just want something where they can avoid taxes.
> i believe a conversion from one crypto to another should not be a taxable event because there isn’t a realized gain do you feel this way when the crypto is a stablecoin like usdc?
how does it work with forex trading? if i go back and forth between yen and euros over and over do i pay on my gains or is it nothing until i go to usd? that seems like the most one to one comparison to crypto.
please do not call it the biden admin. it's a hostile illegal occupation of the republic once known as america. but yes i agree they have raging hard ons at the thought of free "revenue" but this is a huge sign that this shit is here to stay
it is a realized gain. you are transferring the value of one object to another. same exact thing happens when you do an exchange of other financial items or real estate properties.
should have cashed out and lived the cabo life.
fuck me if i had millions i'd just move to puerto rico for a year then sell.
the only way to avoid capital gains tax is to become a citizen or resident of a country with no capital gains taxes and also to renounce your u.s. citizenship. so if you're a bitcoin whale, monaco is pretty nice. so are belgium, singapore, and switzerland. as long as you're a u.s. citizen, the irs has jurisdiction over you. you could also just plan on never stepping foot in the u.s. again but honestly probably easier to go to a country where you can travel here without a visa.
i loved charlie mungers excuse about how crypto is made for bad shit. so i guess money laundering, drug trafficking, slave trafficking, sex trafficking, etc never existed before crypto? lol get fucked old man.
except any criminal worth a damn would use monero for anonymous transactions.
yeah, but how will they know whose wallet is whose?
yes sir, just bumped you from 68 to 69. today is a good day!
this is actually incredibly important. all it takes is one audit and they can eventually get to where the money came from. someone hiding their gains or not reporting a cash out has to get lucky every year. the irs only need to get lucky once.
the bird feeder...listen to him ya sound demented
recently binged that again. fantastic show, along with the wire. probably my favourite ever.
first thing i thought of when i saw the news, haha.
more creative than spielberg this one!
it's called deposit structuring and it is an illegal form of tax evasion
biden, lol. "i'm doing something about that bad ol' crypto! eh! see!" meanwhile, he is sending usd to people in japan... keep buying bitcoin, folks. don't listen to the fudsters, goldbugs, and shitcoiners. (and to be fair - it does not hurt to diversify your crypto stack a little either, but keep on hodling. crypto is future.) related story: economic prepping & temperature check
the money laundering scene in narcos also comes to mind
i wouldn’t put too much faith in that article. 10k is the threshold for banks to report transfers between two parties - they probably mean to include crypto institutions like coinbase and binance in there as well.
*smokes weed* what if america was satoshi all along and knew inflation was a fool’s errand? and the premined btc is in the possession of the gov’t? and every time the gov’t confiscates btc wallets from i.e. drug lords, they just add it to their bag?
i wouldn’t be surprised if the fbi and irs are the biggest holders of bitcoins.
we'll tip him some moons, otherwise he can fuck off
uncle sam wants a slice of the bannano cake on the regular and moon cake for the diversity points
only if you're a poor. then its tax loopholes.
that or the whole cake. we know uncle sam is gluttonous.
bitcoin fixes this ![gif](emoteemo_pack_1dancing_wojak)
*crypto is good for this*
it’d also send america back to dark ages. living outside their means and printing more cash is the only way america lives these days. not being reserve currency would literally end them if it happened in near future
i have bipolar so at least it is nice to have a roller-coaster which can earn you money.
let's find the next crypto that is not valued in fiat.
is the news from china they’re canceling crypto? this news is reported every year and never true.
initial coin offering. centralized corporations historically have ipo’s (initial public offering) where you buy shares of the company.
buys boat with crypto, loses wallet on boat. it's a vicious cycle...
this is why you open a business and have some danny pay in some obscure crypto, then resell it to another danny for your earnings
‘control cryptocurrency’... sounds like a lotta work to me, so good luck to them 😂
meanwhile in reality the top 1% of bitcoin addresses hold the majority of coins.
of course, though we still need the dirty fiat to exist...and in the future it’ll be worse, cbdc’s
i mean why not? you might not like it but what's to stop them from requiring you to legally declare crypto and pay taxes on it.
you know that mass adoption always comes with regulation. it's an important step. besides this smells like growing importance of oracle services respectively blockchain indexing tech for tax reports
well yeah. the mob is just a little government. or better the government is just a big mob haha.
i like icp it’s a solid project.
not hide, i just do not want them to tax the hell out of my crypto (i also like the government knowing as little about my money as possible).
and is one of the most idiotic absolutely rage inducing things to come out of the federal government. wanna get pissed off? look into how structuring has led to civil forfeiture of people's life savings when they have never been charged or proven to have committed any crime. also, it is probably relevant to point out that a young biden was essentially the king of our modern civil forfeiture laws.
yup, they will catch on. ,000 total in a series of related transactions are also reported if they are done within 12 months. 24 hours for a series of related payments.
isn't it fine if it is only a single transaction for the year, not several transactions of under ? like, sell, buy, wait to see how next fiscal year goes?
they are for sure going to grill people. the us government already maintains the right to seize cash over . recently they’ve been doing this with cash under , too. i have no doubt they will treat crypto investments similarly.
i'm ready for it... i hope 👀
they already know 'the people' can never pull off a revolution, that is why they have not stepped in. they do not have to do anything, the self-involvement and greed of crypto 'investors' is going to lead to the exact opposite of a revolution. this is what they are banking on. they have also already had plans for crypto and cbdcs for a long time so anything they claim to be only thinking of now is just theatre.
would a private coin like xmr be more decentralized because it cannot be tracked?
i think the tax codes need an overhaul in general, but for crypto there needs to be a lot more fine tuning than just taxing it the same as a stock. things like how taxes are done on staking returns for example. you are supposed to know exact value for every stake reward when you get it. so if you get reward every 8 minutes for a year you have to report the tax on each reward on the value of the reward at the time you received it. it's a fucking nightmare and a half.
taxes were already here. imo this is just a signal they they intend to harass crypto users like they have their other politicized targets in the past. not really bullish or bearish... just sucks.
like really heavy shit fuck ton of it
every time. i'm running out of boats
>it’s the strangest thing! i swear my wallet just sprouted legs, grabbed *all* of my guns and ammo and jumped into the water. i knew hardware wallets were a bad idea!
no one will take me as a member unless i keep my mouth shut about something. republican, democrat, libertarian, green party, stoner. been accused of being all of the above on different days 😂
correct -- and it is not right.
>this just brings crypto policy in line with existing law. not really. us law states crypto is not a currency but property. this is like mandating anything posted on ebay or craigslist over ,000 needs to be reported to the irs.
to anyone paying attention aka anyone glancing at the top stories of the day :)
this subreddit is full of 80% of bad takes.
i hate being doom and gloom. i made money on crypto but the reality is it will not be permitted to exist as it stands now. can money evolve? yes, but the powers that be and our economy need to benefit from that evolution and as it stands now the only people benefiting are not the right people.
couldn't have said it better. trying to ban crypto use would be like trying to ban the internet altogether. people will still pirate movies, watch porn and pay for drugs online with private coins that do not trace back to them. all any power can do is make endless statements and push fear campaigns and fud in hopes to sway the world. only a matter of time before the majority wake up and realise the insane potential of this technology. the fed, the banks and big governments are shitting themselves at the idea. " omggg something we cannot actually totally control!!!! whatever shall we do!?"
i see, thanks for the answer
who's gonna tell him
i would not edit because its funny
ah. this one is new to me. never had to worry about large sums of money. nor do i expect to in the near future.
thanks. i just looked around for more info on that and it only thiscusses 1099 for things like rewards and fees. but the main tax liability is capital gains. looking at this page, it sounds like they expect me to calculate my own capital gains by downloading all my transactions. that is a pain in the ass.
there's no way that'll happen though, thankfully. people will get used to the bs headlines. the only reason this crash is happening is because of 1) huge manipulation from gigantic whales, and 2) a lot of new investors started when btc was already at 50k+, so when the manipulation came in with large selling and fud they got scared shitless and caused a domino effect from weak hands to help tank the market.
hmm, i wonder if it wasn’t a practical problem already. as if a business who is operating above board could just make a 10k+ deposit without anything being flagged at the bank. maybe not, but i don’t think this a a very common occurrence...at this point anyway. years down the road, probably.
i wouldn’t be surprised some fat cats wanted to get in cheaper before this announcement.
i just bought 21 m
no one is going to buy the other coins when this system is set up due to convenience the average person isn’t going care
you have confirmation bias cause you are into crypto. a overwhelming majority of people don’t care about the principals it was founded on.
>only up to ? incorrect - the . you can apply infinite losses against infinite gains in the same year. >let's say your gains. you'd still have to pay taxes on the ? nope - you'd cancel out , and then subtract . you'd have .
my comment was meant nore for comedy's sake frankly i am somewhat well versed in canadian tax law, but not us
if the service itself gets hacked that would be a problem. but as far as interacting with your accounts on various exchanges or wallets they should not be able to. you're either providing a read-only api from an exchange (which lets them see transaction data but not modify it) or uploading a transaction file.
and in luxembourg, in order to not be taxed on your gains, the moment you sell all your profit has to stay untouched for six months. this to avoid speculation or something
this is the only way. i mean, what else are they going to do? tax every transaction like suggested sometimes in the us? if the irs wants to waste a week going over the transactions for each person, go ahead. they're not going to have a very fun time tabulating the capital gains and losses, especially since the value and fees are variable and volatile for every transaction
that's how it should be everywhere. if i have not cashed out into their bs monopoly money or directly purchased (gained) anything aside from more imaginary dollars, why the fuck do we allow this highway robbery?
crypto is a real way of payment.
it is the same in lithuania or at least as far as i understand it 🤷
must be nice to be in a country that’s not corrupt
this is exactly how it should work. taxing crypto to crypto trades will hurt the market.
here in italy there are no taxes, even on gains, if your overall value is below 51k €, above that (at least 7 consecutive days over that) you pay 26% on anything you convert to fiat (still over 51k€) if you made gains from the price you bought those assets at. so if i shitcoin for ages and always send me a sepa when hitting 50k i basically pay no taxes. it's confusing as fuck. and weird, i honestly do not know if i should fuck them or let them fuck me, i do not like to fuck them, but i do not like the other option.
the amount of taxes you pay remains the see though, just over a different time frame (assuming you keep the same tax rates, eventually liquidate all your assets, and do not account for the additional gains). that seems fair, right? ?
while i do thislike the way the us laws work one thing a lot of people who are in the crypto market, but with only relatively small amounts of money, do is get a little over-concerned about how much a taxable event is going to cost them. yeah, if you either were misinformed at the start, or made some poor choices and did a lot of back-and-forth converting, you'll have a lot to report. but, some of those might actually end up as losses when the math is done, and you also still only have to pay taxes on the end gains according to your personal tax bracket. if you only had accidental gains of like 2-3k and are in like a 15% tax bracket for income, for most people the worst is they will get a smaller refund since most americans over-withhold from their paychecks by quite a lot anyway. now, if someone is working with larger amounts of money, best advice is to just get profession help as early as possible.
et puis 30% dans la bouche quand tu sors. :d
i assume it is like that in the uk too but i have no idea!
let's follow the french
i guess we'll be moving to cypress.
in spain i think you are taxed for every trade you do. you only get taxed when you eventually get the coins into fiat but you have to make clear every fucking trade and it is a pain in the ass
out of curiosity, what is the tax rate in france?
in the netherlands you only pay a wealth tax for your total assets at the end of the year. all crypto trades and gains are not taxed directly.
pretty sure that is been changed now in france.
are stable coins still crypto?
this is great, nice approach
no it’s time to make crypto fungible and private so the government can finally get their hands out of our pants. look how much money they print and they still want to tax our measly gains while their printer goes burrr. we get double taxed cuz inflation blows away our cash. why can’t they just print money for their bullshit wars and bail outs snd bugger right off from taxing anyone at all !!!
every single exchange will report anyone moving more than ,000 in a year. there is no avoiding this tax unless you create a new identity every single 9500 trade lol
it’s the same with cash transaction reporting. i used to take securities compliance training every year. this sort of thing raises flags for money laundering. no reason to suspect crypto transactions will be treated differently.
well, in the u.s. at least, when it comes to an irs audit; you are guilty until proven innocent...their process *is* the punishment and is costly enough and risky enough such that, unless you *are* innocent (which in the case you're talking about, you wouldn't be) and have lots of money to hire the best lawyers to go to court with the irs...you lose the minute the tax authorities' eyes turn upon you. game over. they do not have to prove anything...just rake you across the coals until you break or go bankrupt. the only possible hope for actual crypto usage and utility in most developed countries, is for enough big players to lobby against cryptos tax classification as a capital good or foreign currency...barring that, there is just simply no way that people are ever going to be able to use it for anything but speculative trading.
rip your crypto dealers bank account. that kind of activity would get caught in 3 months tops.
i have no idea how it’s a realized gain to go from crypto to crypto. if i bought 1eth for 5k and convert it to 5000 ada. then i still haven’t made any money. my usd value is still . someone from france said this is still a net . that’s how it should be done but of course us just wants the little guy to pay for the big guys to pay nothing.
as long as exchanges adapt their systems to reflect that, should not be that hard. otherwise, get fun public accounts.
that's already how the irs views crypt to crypto transactions.
unfortunately the irs issued guidance on this in late 2017 or early 2018, in which they stated that crypto-to-crypto exchanges were not like-kind exchanges effective in the 2018 tax year, as a result of a narrower definition of what constituted like kind exchanges under the new tax law. prior to that, it was allowed.
but unless you declare that, how will the us government know that you've changed one crypto for another?
ultimately, they just need to tax realized gains at the offramp. that's easiest for everyone and would not affect tax revenue. one could argue they are preparing for a time when there are fewer trades between tokens and more real-world payments. if i use btc or eth to buy a house or car, the irs will want to know my cost basis. i'd almost want to see coinbase and the others offer the ability to show true value of tokens after taxes and offer to withhold them in one of the nice (\~8%) stablecoin interest accounts. example: if i buy a ,000 eth car, they take out ,000 worth of eth and put .
but it shouldn’t be. using your example, if i want to sell one stock for another, i have to liquidate it into cash and purchase the new stock. there is a veritable and determined loss or gain. crypto allows one to simply transfer from btc to eth. that value may increase, but the gain has not been realized. it may also go down, but i was already taxed at the value of the conversion. it’s a farce. now i agree if you were to convert it to a stable coin, that is a gain that should be taxed.
essentially the same here in the u.s.
precisely, but i hear good things about 🤣
i’m not familiar, but will check it out.
nope. technically this is a taxable event. irs considers it a sale to usd and then the purchase of the good. it’s as if i saved money and then i paid tax on that old money when i bought something because new money is worth less and i have to pay tax on the new buying power. that’s what’s fucked up. the irs viewpoint doesn’t stem from the government trying to get more revenue. it was from a set of attorneys who didn’t know shit about crypto and were playing a game of career ladder climbing and politics.
they have sales taxes. why they hell should the method of payment also be taxed?
they are targeting the exchanges and compelling them to provide their data and customer information. so when you say “no”, but say coinbase says “yes”, you’re fucked.
yeah, you have more faith in them than i do. it depends how they do so and i suspect they will be doing the bidding if the banks and wall street to keep the game going for them a bit longer.
no. i do believe that should be a taxable transaction because those are cash equivalents.
someone watch coin bureau yesterday. guy is great.
i'd just pay the tax, it is 20% is not it on capital gains
they go off when and where you lived when you purchased. lol
i hear that argument all the time and it makes no sense at all. like are you saying that cash isnt used for illegal purposes? what currency isnt used for some sort of illegal purpose?
money laundering, drug trafficking, sex trafficking, and slave trafficking? those are the core mission tenets of the cia!
' charlie munger has a lot of old man yells at clouds energy
but they would do that...on an internet network. which they would have to log in on. meaning. there's a record. no matter what you do they can eventually back track it.
at least i didnt fucking steal from you. my own wife 50 grand from the bird feeder!!
the sopranos sub is amazing.
the wire is my favorite!
now i wanna rewatch it, it’s been years.
fucking amazing show haha. it might be my favorite too.
same. those two plus mad men are my top 3 all time.
its such a good show.
they kinda do, fbi and cia hold a shit ton of btc from confiscation. silk road alone netted them a huge bag. yhey just keep stackin
i could believe it, but i do not believe the reason. inflation helps those in power too much for it to be the reason. i would think moreso just to make money any way they are able
i can see the cia doing something like that
didn't they secure a bunch of btc from the silk road bust? easily could have been thousands upon thousands of coins.
i'm really confused about moons how do they work and how does one get them? just thought i'd ask someone who has a lot of them and knows what they are.
is there a new season of modern family?
the opposite of hopium!
all coins if you just create a community and base things off what you and the producer value it as. but it’s extremely hard for our brains to stray away from the set constructions our government has given us.
right, it is just good timing i meant.
china can manipulate the market all it wants with zero repercussions. buy the dip? no, cause the dip and then buy. who is going to stop them?
every year? i’ve been in crypto 6 months, and i swear they’ve outlawed it at least 4 or 5 times in that period. it’s almost like they do that when they want cheap crypto!
or trade from a service thats in a tax friendly country and keep your money overseas thats what the millionaires do so why shouldnt i lol also its not illegal( unless youre a us citizen then they tax you on foreign earnings.)
why do we need fiat to exist? it will fall by the wayside once mass adoption occurs.
because 1) taxation is theft and 2) the government has their hands deep enough in our pockets as it is. the whole point of crypto is the government cannot touch it. that's what makes it beautiful. death to fiat, long live the true free market: crypto
i'm not going against the argument about regulation. what i'm saying though is these 60+ year olds have no concept of what crypto and the blockchains are doing for the world.
the pen is mightier than the sword... edit: or the blockchain is mightier than the bank...
well i guess i’m long icp now lol
i read that they actually “notice” transactions of ,000 as well
does the 4th amendment really exist when the cops can charge your property of a crime and seize it immediately without justification, and then force you to prove that it’s innocent?
how do they know if, though? i've moved chunks of crypto between wallets to make sure there were no problems with transfers (always do small test transactions) and then back and forth between banks to take advantage of apy rates and promotions. like, i did several "under " crypto transactions going from offline wallet to coinbase, then from there to blockfi, and then from there to celsius. same with some other smaller transactions to gemini. the total was over 's time of getting multiple smaller transactions. i'll probably be moving stuff again out of celsius back to blockfi once i get my rewards (after holding for 90 days). how does this get reported to the irs? is someone from the irs going to contact me because they are getting multiple ? or are they just going to pay extra attention to my tax filing? it's already a big headache trying to keep track of all the purchases, sales, interest payments, exchange, and other stuff for tax purposes. having to make sure that i'm not doing "too many transfers" just seems like it is going to complicate things further.
civil forfeiture is bullshit. there needs to massive amounts of oversight and restrictions. structuring makes sense and has a reason to exist
genuine question though. are there any right now that are safe and useable?
amateurs. i've lost my xmr keys in so many different ways now. time for y'all to branch out and experience all the risks life has to offer.
which mask do you prefer?
i would form a grassroots effort to downvote you to oblivion if you thought of changing a single letter.
i heard the stutter, bbbbut i lllllllike it
pretty much. “we know the exact amount but you have to figure it out and if you get it wrong we fine you and you might see jail time”
hello, we require 50 comment karma or the special membership to comment in this subreddit.
i agree with your points. don't forget many got margin called due to insane leveraged positions. but the fud around the environment is not going away. greenpeace have now stopped accepting btc!!!
they're anticipating it will be a common occurrence. a good thing in my view.
don't you feel like buying eth is also an investment in the blockchain? paradoxically, cryptos are both a currency and an asset. i buy hnt because i believe in helium and their project (and i've got hotspots making me a ton of money).
i’m almost hoping for the bear market so i can realize some losses and keep the same amount of coins lol.
i actually love this law. i get to subtract 3k from my taxes for another 6 years still.
you can’t modify transaction data anyway, that’s kind of the whole point of blockchain...
i could live with that.
no, instead they’ll just make it illegal to do more than x trades of the same coin a day like they have with stocks. if you have large amounts of money, they’ll let you do it anyway, just like they do with stocks, because fuck the poor people, they can’t make money off arbitrage and day trading.
a week? i'll literally make a dozen trades within an hour just to get . they are going to need an entire month just for mine in 2021.
they will make it so that you have to enter the list if trades on your taxes just like how stocks are. nothing is different. the burden is on the taxpayer, not the irs.
automation my g. software programs can look over all your transactions for your own tax purposes. the irs certainly has that capability as well. i can all but assure you there are massive mainframes poking and storing your crypto data in the us right now. especially when all the us crypto exchanges report transactions to the irs. the only time an actual agent will look at it is if it gets flagged. for your own sake, do not get flagged. the irs can fuck you over eight ways to sunday if they want to.
it’s done that way with any asset in the us. transferring between stocks is a taxable event. the only loophole i know of is real estate and the six month (?) rule.
funny how they refuse to create any kind of real regulation around crypto yet still expect people to abide by these bullshit unenforceable rules.
we're not allowing it, they are just doing what they want. this is one of the reasons crypto came to be.
we need private coins like monero (the only one) to be more widely used against such authoritarian laws.
true and true. if i trade my pickup truck for a minivan with my buddy, there should be no taxes involved other than registration fees
> here in italy there are no taxes, even on gains, if your overall value is below 51k € same in the us if your overall income is below .
on parle de crypto ou...?
30% of your benefits.
because that would make sense... people need to wake up . the rich own the world , they own the us . every year our rights get chipped away . do it slowly and no one cares until it is to late. idk my opinion
so this starts in 2023? 1 year before the next halving... how convenient
really, are we sure its not just like your bank account where there is an automatic irs filing for over 10k in a 30 day window?
. don't spread fud.
do the exchanges send info to the irs?
bindersfullof______ milk corn crack mcmeat wheat
its apparently really only 3k they just say 10
or just dont be a business, does not apply to individuals.
and this is easy .,. one wallet address per
kucoin does not report.
decentralized exchanges would not. decentralized exchanges will be huge because the cost of complying with government regulation is so high.
there is no tax on moving money in and out of crypto. if you paid your tax on the money you used to buy the crypto you won’t get taxed on 10k just because you bought an asset. you will get taxed on the capital gains when you sell and pull it out. but this is just to bring crypto in line with any other investment asset.
what if using monero though.
can we use a dex to get through this problem?
businesses ! do you guys read
that’s exactly what cryptos original use case was...
why 9500 and not 9999
i agree with this too but how would they track it? i guess when you sell it.
wait, if you paid (hypothetically) 5k for 1 eth, and then you converted that eth to ada at a later date when that 1 eth was still worth 5k, you have not realized a capital gain. there's nothing to be taxed on. now, if that 1 eth was worth 6k when you converted it to ada, you've realized a capital gain of 1k, on which you would be taxed. if that ada then dropped back down to 5k and you convert it back to usd, you've incurred a 1k capital gain and a 1k capital loss, so they end up cancelling each other out and you do not pay any taxes, because you're back to where you started. what do you think happens?
i guess that if you move 5k usd dollars worth of bitcoin into an 5.5k usd dollars worth other coin you will be accountable for this 500 dollars net
> irs views crypt to crypto transactions i just reviewed some information on this and can say...what a bunch of creeps. so the irs counts crypto as "property" yet treats it differently than "real property" for tax purposes. so yes, touch the money or not (when putting it into another asset), it is considered a gain. i have attached a link for people in the us that may find some of this info handy: [
after some research i noticed this as well. very thisappointing. thank you for posting this information as it is useful to all of us in the usa.
good question, but probably best not to be on the wrong side of an inquiry by the irs. i will make the assumption, at least from the article posted by the op that exchanges will not only track transactions of ...kind of like our stock brokerages do.
if you were to trade dollars for dineros, you'd be taxed on the gains too.
>crypto allows one to simply transfer from btc to eth. this is true for a very small group of coins but, in reality, just because an exchange takes care of the transfer for you in the background does not mean it does not happen.
i thought that gains were only realized when converted to fiat though.
at this point in time, you cannot *directly* convert your btc in eth, without using some sort of bridge.
if you were to find a person to trade one stock for another stock ( like apple for microsoft) this would still be considered a taxable event. they have not really created new laws regarding crytpo, they have just refused to classify crypto as a currency, but as an asset, since thats how they see most people view and use it.
i know technically, that is not what is happening with swaps, but it sort of is a three part transaction. you're selling x coin for y coin, with the intermediary being whatever each position is translated back into cash (although it wouldn't actually be converted into cash.) the only thing i can think of that is closest to this, and i'm not tax cpa or anything, but when a company does a spin-off . i'd need to look and see, but i think that would just carry your basis on, and so what you're saying makes sense in that way. but, i can see both sides of this, as most crypto does not want to be classified as a security - as it cannot really be regulated like one, and therefore misses out on some of the advantages securities have. it's kind of in a weird in between area, that shifts all over depending on a project. unfortunately, our politicians are all dinosaurs and would not be able to address it is handling for a very long time.
well we also have capital gains taxes and income tax on fiat, you could make the same argument for that. i’m just saying that if i ordered a pizza and paid with eth that i had converted to vet and they didn’t tax on that trade, technically wouldn’t they not know that the money was used at all? i’m just rambling now. not an accountant lol.
crypto is a lie...
imagine telling someone it is wrong to use the dollar because it is bad for the environment or gets used by drug dealers. they would laugh in your face and call you a bleeding heart pinko. i also love "it is unregulated!!!" yeah because financial regulations have really come in clutch for us lately have not they. thank god for all the theoretically strict oppressive rules that theoretically stop hedge funds and bankers from crashing the economy every few years like clockwork, on paper, in a vacuum, hypothetically.
yeah for real, and you know this old bastard has his money flowing through some tax havens as well. he's just mad young people are getting the same shot at the gains he got
the argument is that it made it easier and there are coins that are specifically made to do illegal shit. do you think the us dollar was created to facilitate illegal transactions?
this is always how powers that be will sell you on banning something. sopa act would have given the government broad powers to censor websites- it was sold as protecting media copyrights. the war on drugs was sold as “protecting the children” from drugs but it was really just a way to arrest poc’s and anti- war-hippies. and i promise you, when the government goes after crypto, they’ll pretend it’s for the environment while simultaneously paying dairy farmers billions of dollars to throw milk away, pumping more cow farts into our atmosphere and killing the earth.
not seeing cia on coingecko. what exchange is it on?
can't let crypto snatch that monopoly!
i don’t know what you mean. you can exchange normal crypto to monero anonymously under a vpn. i won’t go into detail but trust me monero is the currency of choice for criminals on the dark web.
my own mudder— fuck you, you fuckin hooah
jesus, you remember when we could watch new episodes right after the other on hbo sundays...then that surfer show was on afterwards. great time for tv, sopranos then the wire...it gets no better
i had not either. it was defintely worth it.
how would they access someone’s “seized” crypto if it’s in a wallet or an exchange password protected? well, unless the perp gave it up...
they sold them. i know because they sold the btc from btc-e, which was the property of us mt gox holders. still pissed they can do that. it should have been returned but they just sold it to some billionaire for cheap.
almost like the movie *two guns*
make either stupid funny comments or somewhat intelligent comments here in this sub (only applies to this particular sub) and you get moons
here you go [moon wiki](
this is how, and one day i to shall have moons!
yer maws a hooer.
nobody, people just need to hold and stay calm.
i also think believing china is to blame for all of it is a joke. china is no more or less the bad guy than any other capitalist, imperialist nation. the narrative that china or russia are inherently the cause of all problems, rather than symptoms of a world built into and on top of thisorder, is ridiculous. it’s way more likely some swethish rich guy and his buddies are playing around with their couple bil in chump change and fucking with the markets for fun or thru bots because they can.
that literally doesn’t answer his question. try again
i'm not sure if you trying to agree with my point. because as it stands even though you do not like it you have to pay taxes and the same could happen with crypto.
old farts out of touch with evolution of technology, trying to rein it in through unevolved and tired methods, same old story and a testament that history repeats itself
the penis what now?
,999 it is then
theirs been stories of people driving with large amounts of cash but nothing too insane like 10k but when they got stopped by the cops and they searched the cars, they found it "suspicious" then stole the money or "seized". the fact that the government would be suspicious of its own citizens for just even owning cash and wanting to freely use it is a problem.
>does the 4th amendment really exist i'm gonna stop you there. no.
they'll look closer(they already will with crypto on your filing anyway), but the money is probably well accounted for and would not raise any further red flags. structuring is specifically sending amounts under that 10k like in order to hide nefarious transactions. so for transaction over that limit your probably better off than if it was a lot of odd, out of place transactions that were just short of that limit. you're probably fine.
the reports are there for future reference in case finances(for any number of unrelated reasons). the reporting of the 10k transaction would not initiate an investigation unless something strange happened like a half-dozen ,000 a year at walmart. algorithms will flag patterns like that to be looked into, but for patterns to form and be recognized you need each transaction to be documented. hence the reporting of transactions that fit certain criteria.
structuring is one of the most popular tools the u.s. government has to start the civil forfeiture process. structuring laws are no different, fundamentally speaking, than mass surveillance laws. they're all used in the guise of "well, it is just to catch the bad people". the right to privacy and not having the government snooping around in all of your private doings is practically becoming extinct. we're talking about the same people that are trying to destroy encryption because "bad people use encryption".
sorry i thought you were kidding. i only use viperswap on the harmony one network. i don’t use any ethereum dex’es as of the ridiculous fees. and i don’t use any binance chain ones out of principle. viperswap is great and the returns are fantastic
i call myself independent and not because i like to ride the middle, i just find that i can agree with everyone on something. some things we all see. for example, a democrat and a republican both think nearly 50% of the government is incompetent at any given time.
i got a g-g-good bwaaaaaaaain!!!!!!!
you'd still have to pay on any part of that earned from mining, staking, airdrops.
xzfm ftw answering your question
hell yes! i’ll sit on a pile of untaxed gains for 6 months no questions asked
why does the us govt. want to control everything? can't they give a little more privacy and freedom to the citizens...
they’ll never make a day trading rule 🤣
well… supposedly, it won’t even apply to regular joes any way. and also only the trades above . but its good that they’re officially giving crypto the okay with the tax news
that restriction is only on margin accounts. it doesn’t apply to cash accounts.
surely day trading does not thisproportionately benefit poor people.
pattern day trading, if that’s what you’re referring to, isn’t illegal
trading between stocks is slightly different though. you’re closing one trade, realizing profit in your (fiat) cash account, and then starting a new trade with your fiat winnings. there’s no msft. it’s different if you’re buying xlm on coinbase just so you can take it to a swap site and buy a different crypto. or buying eth to pay gas fees. there’s no exit to fiat in those situations. not that that matters when the tax man cometh.
transferring between stocks is a taxable event? since when? am i crazy? isn’t it only taxable if there is monetary gain?
a 1021 exchange is a tax free event in real estate, but you cannot trade into a less expensive property.
what about chuck e. cheese tokens? then again i don’t think anyone has ever realized any gains from that
what’s the six month rule?
it’s called a 1031 exchange. taxes are deferred for the sale of like kind investments.
but not all crypto tokens are like stocks. some are just currencies.
is this also the case with forex transactions? do you have to calculate cost basis on each forex trade?
uk does the same with stocks and crypto exchange iirc.
this is not exactly a great way of trying to say what i think you are trying to say. you pay taxes on the realized gain. not on the sell and buy of another stock, which is essentially what you are saying
they will have a tough time regulating and exerting control over crypto. just like you said, crypto is the answer to such governments.
bartering in the us is technically a taxable event.
that's because your pickup truck decreased in value after you purchased it and personal losses are not deductible. if it increased in value, the trade would be considered taxable. i do not know anyone who would actually report it, but it still is technically taxable.
there should not even be registration fees
damn... i might rent a flat in germany or luxembourg for a year then, when i decide to cash out.
god i was scared there for a second, then i remembered i live in canada. which might be worse for crypto tax laws
if they have your information they will i don’t use any that have any identifying information
this is why i buy from coinbase and instantly move it off their platform. i want to shop around once i get to the withdrawal stage. someone can offer me better deals
except governments have an actual (or at least arguable) role in "other investment assets." explain to me how any government, especially the us government has any right to crypto? or to know what you're doing with it?
i've heard their are ways, but it is an extreme amount of work. you know what's actually secure in this context? the lightning network. nodes cannot see what's happening other than how much they get for transactions. when the settlement happens on the bitcoin chain there is no way you can tell who paid who. people will skirt this law simply using bitcoin, but not on the chain. :)
potentially. easier to use lightning network.
use the lightning network
my brains are mashed potatoes
under no circumstances was bitcoin created under the idea that you could avoid having to pay taxes, lol wut. had that been the case bitcoin would have been the most failure of a program that ever existed. it was created out of the 2008 financial meltdown. the very first bitcoin has within it a message about how the banks are printing money devaluing our currency for their gain. monero specifically wants their platform to be used to avoid taxes, but you would have to be stupid to believe that is actually possible with their platform. ironically if you're looking for a place to launder money that the government generally cannot track it is the lightning network where even the nodes do not know what's going to who what where when or why. using bitcoin to avoid taxes, why not try and hide your taxes by sending the irs every single transaction you made lol like what
they look for trades that are closer to ,000. some banks will report your money if it is anything close to .
well, now we're getting in to hypotheticals; like are we talking about a world where a lot of people earn crypto directly? in that case, the tax authority knows your earnings (reported by your employer or contractees), and if they do not see that you've sold crypto for fiat and spent fiat, and they do not see that you've reported taxable events in terms of spending crypto directly on goods and services and rent and such...then they know by omission to audit you. similarly, if we're talking about a world where people are buying crypto off exchanges still, but then doing all their spending in crypto...they at the very least see that, after many years, you have bought crypto, but declared none of it as being sold, yet do not have many or any fiat expenditures. also, while chain analysis by tax authorities is overblown as a dragnet threat to crypto privacy...it is nevertheless a potent tool for law enforcement once they have focused their gaze on individuals; unless you want to go with only monero, and you were always perfect with your opsec and buying otc, and always masked your ip, etc...they *will* deanonymize you. it is not, and never will be practical for the masses for crypto to be used as anything but speculative asset on exchanges (which can easily keep track of exact times of buys and sells).
i’ve been told by many people it’s still a taxable event. in my mind that means they are telling me i have to pay taxes. jake was telling me that earlier today. i gave him the same scenario. imo it shouldn’t matter how much i trade if i never actually sell snd redeposit to my bank account but apparently that’s not the case? lots of people joked about how they put 10k in snd made like 100 trades this year and only have 9k in their portfolio that they still have to report all those transactions and pay taxes. to me it’s dumb. it should be as simple as how much did you invest? 10k. okay, how much is that 10k worth now? 9k. okay your investment is at a net lost no worries bye.
that’s how it should be. if i bought 5k crypto than cash out 5.5k that should be the event . but no i can trade the same
>when it comes to tax minimization tactics, cryptocurrencies can be excellent tools to easily "harvest losses" if you're a high-income earner looking for some write-offs. volatility is an inherent attribute of cryptocurrencies and smart investors can use that to their benefit. when wide swings happen, it is extremely wise to take a loss if you can. “say you have one bitcoin that drops ,000 in a day. you can legally exchange that for a stable coin or any other cryptocurrency and then immediately buy back that same bitcoin within minutes. there is no repurchase waiting period as with other securities. this is a tremendous way to intentionally harvest losses by documenting the initial loss while also lowering your cost basis on the repurchase." ' that's pretty tricky... did not know you could do that.
correct gotta keep track of your basis or you're fucked
nope. a conversion is considered a taxable event.
i do it using coinbase all the time 😂
and that bridge being a crypto exchange?
i 100% agree. these anti crypto-ers have completely baseless and factless arguments. i'd argue that if they actually knew what it was and the problems with fiat, they would be on our side. it just doesnt make sense to me how someone can support a currency that 22% currently circulating was printed last year.
for sure. but if the feds want to...your vpn do not mean shit
ha! when they first said hooah, i thought it was a word i hadn’t heard before. i had to ask my friend from jersey, and was confounded by the pronunciation of what it actually is
>that surfer show is that a john from cincinnati reference? wow!
torture or ransack all your house to find valuable notes, blackmail and that what they trained for. any police force in this world can do it but in uncle sam, it is god damn more skill-fulled :))
i mean the wallet password is probably written down somewhere or stored on a drive or something
as someone with a lot of moons you have a better chance with stupid funny comments
ok so i do not have to set up a wallet for moons or anything?
you are the , shortened
>the narrative that china or russia are inherently the cause of all problems, rather than symptoms of a world built into and no top of thisorder, is ridiculous. this and corporatocracy sets the rules these days.
lemme help you out with my views. i'm a libertarian (no, not an anarcho capitalist, people confuse the 2 for some reason) and you should not have to pay taxes except for the bare minimum. the government has gotten far too greedy for far too long and i never see them doing us any favors. so fuck the us government. i'd rather donate my crypto gains to somebody who needs it.
i think ,998 is safer tbh, everyone's gonna do ,999
i used to carry -. the only people i was afraid of getting robbed by were police. at least a badge less criminal i have a decent chance.
i find it ridiculous that we try and box people into a "party". no one is going to see eye to eye on everything.
better not. godd am not on your side.
it’s him it’s simple jack.
power corrupts. absolute power corrupts absolutely. quit giving people power. we’re in the 21st century. there’s no reason to elect a bunch of old douche bags to make your decisions anymore, it doesn’t take 2 weeks to get a message from ca->dc. put votes on ty blockchain, have everyone vote on everything. allow anyone to introduce a direct ballot initiative without requiring millions of dollars, by creating a blockchain based identity system for voting, and a “change.org” style website where people vote directly (using their blockchain secured id) on possible ballot initiatives, then take those initiatives to the population at large, who will then vote on them directly using the same blockchain based system. if you must have representatives (eg. you can’t have 300 million people go meet with foreign leaders), elect them for specific duties. eg. your duty is to go negotiate a trade agreement with china, once your duty is done, we will vote on your proposed agreement as a people, and you will return to your civilian life. or your (elected teams) job is to develop a system that ensures children do not go hungry anywhere in the country, when you are done, we will vote on it, and you will go back to your civilian life. obviously, i am but one man, my ideas flawed by my individual perspective, but i like to think together as a people, we could come up with a radically better system of governance that doesn’t rely on 250-2000 year old tropes.
i didn’t see anything in the article implying it wouldn’t apply to regular people, do you have a source? it just says businesses will have to report transactions over , which means exchanges will have to report on their customers, regardless of whether or not they’re average joe trading his life savings or billy hedge fund trading his pissing away money.
10k is nothing. that is regular joes.
it doesn’t apply to any trades. it’s business transactions, reported by the business.
pdt doesn’t only apply to margin. if i have , then sell it that same day for , then buy it that same day again for , i get hit with 1. now, if you have , you can do this roughly 10 times before you get hit, but because of the t+2 rule, selling your stock means your money isn’t yours for 2 days afterwards. so i guess in some technical way you’d be using margin, but it’s margin based off of your own money, not money you’re borrowing. whereas in crypto, because there’s no pdt rule or t+2, i can literally buy and sell the same coin every single minute of every single day forever with no issue.
yeah, it’s legal if you’re using margin, or you have ,000 in capital in your account. so, pretty much impossible for anyone normal.
they treat it as selling stock a for usd and buying stock b with the usd you got from the sale. same way they treat crypto swaps.
it’s not really possible for most people to directly transfer stocks. they have to conduct a monetary transaction
>uring - 31usc5324. > >the biden admin sees crypto transactions as a giant piggy bank in which they can extract “revenue” two different things. transferring a stock you own between accounts or brokerages is not taxable. trading a stock a for stock b (equivalent to selling a for dollars, and using those dollars to buy b) is taxable.
if each chuck e cheese token (ckec) was worth 50k and billions of dollars worth were traded every hour, i can guarantee that the government would step in and tax you in the same way.
i think there is some confusion with the term “taxable event” going on in this sub. taxable event just means it goes on your p&l for the tax year (cost based - sell price). it does not necessarily mean you owe money.
can you send any you know of that do not? i suppose the risk is they could rip you off?
so i’m not advocating for one thing or the other, but the argument is that crypto is no different than any other investment asset. and anyone who benefits from the systems and structure that a country has in place owes taxes on the gains they get from it. the us government (and state and local governments) provide education, roads, police, firefighters, etc and if you live in a society that provides these things you are obligated to pay for them when you benefit (make money) from it. an asset that exists on a blockchain is no different than a sheet of paper saying you own a portion of a company in the eyes of the tax man.
i would like to learn the way. with anything, people will find a way and those will say...this is the way. of course, hypothetically 😏
i said original use case. not what it was made for. it’s original use case was to send amounts of money that were difficult to trace. you need to accept that. the science behind the nuclear bomb wasn’t made to kill people. but if it wasn’t for it’s use case as a deadly weapon we wouldn’t be so far along technologically as we are today.
oh interesting. makes sense
oh yeah, so a taxable event is just a transaction in which you could pay taxes, not necessarily one in which you have to pay taxes. for example, if i were to just shift money from stablecoin to stablecoin (assume the peg to ), then every single exchange is considered a taxable event and you do have to report it on your taxes. but, since you never actually make or lose money, you do not actually end up paying any taxes on those exchanges. but yeah, it would be nice if you could just go "this is the starting situation, this is the end situation, pay taxes on the difference if it is positive", instead of having to show all your work.
not if you then sell the 4800 in the same tax year and report the loss of 5.5k to 4.8k. it’s the same with equities. you can make 20k on a stock and then put it into another and lose it all. so long as it happens in the same tax year it is all offset.
oh my god, thanks for that
you're welcome. i am a noob as well.
which is the single biggest reason why nobody can use crypto (not even nano or btc-over-ln) as a currency. nobody can or will reasonably track basis and profit...all just to adopt a new currency which is not (for the time being while it is trapped in speculative cycles) as useful as fiat and bank transfers, and is volatile and poorly developed user interfaces for pleb use (again, because nobody *can* use it like a money, legally).
lol they can figure that shit out on their own, no chance i could track all that
coinbase reports to the irs.
“the feds” are not superheroes. they can throw warrants around all they want but my vpn is based in switzerland and doesn’t keep any logs.
yea unfortunately my stupid comments do great in other subs, here i'm just meh
i’m stupid, and look funny. does that count?
man, i envy you.
you have to set up your vault to be eligible for moons
yes you have to set your reddit vault to earn. reddit vault only available on official reddit app.
its part of the official reddit app. (yea its a wallet built in)
what is you are the shortened
i'm not saying the government is not greedy, if probably is to some degree. but libertarians think the government does not do any favors is just flat out wrong. they do plenty and if the government did not have any money, we wouldn't be one of the top nations of the world currently. there's also plenty of things that they do that you probably think you should not pay for since you do not use it but you probably do indirectly.
sure...and how exactly are your views going to stop the goverment taxing you?
wtf are you guys talking about this is crypto just send 10000 1... on a low fee chain of course or layer 2 chain
do you have a source? the link above does not say that, and that’s a pretty big thistinction.
it’s legal regardless. what law do you think it violates? your brokerage may limit your account, but that doesn’t mean you did something illegal.
oh, this would make an interesting case law, if someone specifically wrote software to blur the lines here. transferring data between computers on the internet is taxable? there is no usd involved. inch forward until it is similar to crypto swap (atomic data changes) but revert. that is what crypto is.
okay but in that case you don’t have ethereum gas fees for transactions that fail to take place
it’s most common with mutual funds.
ha ha i love your ticker symbol for chuck e. cheese. i don’t know if you call them tickers or not.
so let us say i want to move eth between exchanges and i do not want to pay enormous gas fees. i convert eth to xlm, transfer xlm, then convert xlm to eth. that's two taxable events. if the price of eth and xlm stay the same during these events, will the tax burden be 0 since there is no capital gain?
the only one i use is kucoin unless your withdrawing over 2btc worth of crypto a day they don’t need id. they have a standard .1% trade fee and look up the withdrawal fee list before you put money in so you know the true cost. also just look up “kucoin reviews reddit” on google so you can see what other reddittors have to say about the platform and if they had any issues (i have not). they also require the use of a authenticator app before you can trade for that extra security
this. i have a hard time listening to the “don’t tax my gains” arguments because even at the short term gains tax rate you still keep 80 - 75% of the money you didn’t have before the gains (i don’t remember the exact tax rates off the top of my head). this argument people make about having to pay gains taxes just seems like a selfish cop out to giving back to their own society they live within. i fully get , but it seems weird to have made 10k and then the society you participate in gets 2k of those earnings to put towards improving said society and for some reason they just completely forget that they now have 8k they didn’t have before. [insert whatever numbers for your own purposes... it doesn’t matter]
the us government pays for a lot of things with the money they collect from taxes, but proper education and roads etc are not on the list sadly. most of it pays for politicians who hold seats and give themselves raises while doing the bare minimum of their actual job duties. 🤷🏾‍♂️
but...it is one of the easiest things to trace, by design. every transaction is available to view on chain.
i absolutely do not. i read the white paper. i know exactly what bitcoin was. anyone thinking bitcoin was created to be anonymous did not make it past the white paper lol
> nobody can or will reasonably track basis and profit... yeah a spreadsheet is so hard to manage *rolls eyes*
i'd be willing to bet most people do not even mind paying tax but who wants to track every single thing. that's ridiculously tedious. imo you should be taxed when you have realized gains from a sale to fiat and that is it. honestly they should keep track and send the bill if they cared so much without making people have to file
i mean ethernet packets are ethernet packets. go buy some monero or trade montero or whatever. you sent an ethermet packet with your ip on it. you can route it around all you want but if someone really wants to know where it came from, they can certainly figure it out. sure, they would not do this if i sell you 50 dollars in cocaine over the internet, but they could.
your isp does. you think they dont know you booted up a vpn? it'd be obvious as fuck.
you have to lower the intelligence of your humor here :)
i'm not saying we should not have a government or even barely fund it, all i'm saying is they do not need their hands in every aspect of our lives. look at gas for example, a single purchase of gas is a 3 way tax for the government. the tax taken out of your paycheck on payday, the tax on the gasoline purchase, and the tax on the gas station for selling you that gas. now, admittedly, gas is essential so i do not really have an issue with uncle sam being in something like that. however, why tax crypto? why tax the small things we purchase? i bet if they taxed solely businesses, paychecks, corporations, and a handful of essential services, the motivation to grow the middle and lower class would increase drastically and we could have a better, rich, and truly free market.
i mean, they can tax us all they want. but when we all collectively decide to just... stop. what are they gonna do? audit over 100 million us citizens? i do not think so. also, the governments laws =/= moral high ground. i promise you, they would not do you any favors by you sucking their cactus dick
"this guy's probably a stripper and getting paid in ones, nothing wrong with that"
true, i should have said, they’ll make it impossible for anyone who’s not already rich.
transferring data between computer = every wire transfer
too abstract. kind of silly. i doubt you can avoid us taxes trading foreign currency without ever coming back to usd like no shit currencies are “made up” and just data points. would you rather go back to a barter system, or carry a shit ton of coins in your pocket
no. no it is not. you're still selling and buying in what you're considering a "transfer"
you'd have a capital gain. the exchanging it back to eth from xlm would also realise a gain, the result would be very small since it should not move much in that time. so yes two taxable events, but only the first one would really have an impact on you.
interesting, good to know thanks!
why are people upvoting this? it's patently false. a senator makes , and there is only two per state. the president makes . that's basically nothing. the federal government spent . that's a lot. i cannot believe i had to type all this out in a comment so that people do not upvote bunk.
ok. sounds like the us government has a lucrative career position for you.
it’s ok that you don’t understand. tell me how you would know who sent you ,000 in bitcoin?
tell me. what did you use bitcoin for in 2012? i’m not trying to be condescending but i really don’t know how else to get you to come to the truth.
it was designed to be decentralized. in my opinion anonymity and decentralization go hand in hand. something can’t be decentralized if you need to go through some sort of auditing process in order to use it. because it’s the auditors who then have the ability to tell you how to use your assets.
go ahead and show me your spreadsheet you currently keep on all your fiat earning and spending, which includes the time each cent was acquired, to the minute, and the time divested, to the minute, and accounts for 'holes' which are intra-personal transactions to be excluded and which confuses your first-in-first-out scheme you had going on... is it doable in some monumentally stupid experiment to try to prove me wrong?...sure. but the point is that in practice, nobody is going to be convinced to adopt new geek money, when it is monumentally harder to use it...on top of its own current downsides (volatility, knowledge needed to properly secure it, poor ui, expensive transactions, etc)...oh yeah, by the way, your transaction fees are taxable events too...do not forget to insert those in your calculation stack in your easy little spreadsheet.
i think in the event of an audit they would just assume your cost basis is 0 and tax all of the money from the sale, which means you gotta figure it out or pay way more tax.
i just don’t see how they can enforce the crypto to crypto trade tax
vpns have encrypted traffic so my isp wouldn’t be able to tell what i was doing, just that i’m using a vpn. vpns are extremely popular in foreign countries to bypass government blocks, and isn’t illegal to use one by itself.
i'll try 😅 thx
why crypto? because people are using crypto to get rich. that's the very nature of taxes which is for profit. you might argue how it is not profit but the reality is it is. suddenly you can go from having nothing to having everything without selling. same concept with taxing small things we purchase. in fact, taxing based on what is purchased is probably the most fair way of taxing. the problem with taxing corporations is corporations do not pay nearly as much taxes as they should based on legal policies which we have trouble changing because corporations own the government. in theory it might work but, in reality it wouldn't.
this. i mean they’re underfunded as it is how are they also gonna do all the crypto tax aswell?
i'm not arguing against any of the points you are making regarding the mortality of taxation and yet you think i'm sucking the government dick? i'm just pointing out the goverment does and enforces it is ability to levy taxes and you know perfectly well 100mill us citizens are not going to decide to stop paying taxes. i'm just pointing out the reality of the situation and you personally not liking it is not going to change the facts.
but also, pdt rule only applies to margin accounts, not cash accounts. the brokerage isn’t limiting what you can do with your own money, they limit what you can do with their money.
oh ok, that makes perfect sense, thank you!
people who make 174k per year still should not suck as bad as they do at their jobs.
i never said the us government does not do their job but yes senators and congressmen. if our tax money actually went to what you stated it goes to then all of the potholes should be fixed, better road access in areas of poor quality and this is something i’ve seen across the nation. schools shouldn’t lose funding. why is it acceptable that this nation that prides itself being the best pulls funding from schools that then impact the next generation. yet we spend billions upon billions in foreign. hell, we consistently pull funding to the irs who have just enough to go after small cap individuals vs higher income person(s) and or corporations. why is it that we don’t have a better tax system that just tells us how much we owe? because tax prep companies shill millions each year to keep the system the way it is. you have to agree the money from taxes is not allocated in a way that the american people fully trust... and that’s coming from all parties before you or anyone jump to conclusion.
think he is missing the part where you have unregistered wallets outside of exchanges
to each their own but, that is at the heart of the proof of work platform. a publicly agreed to ledger that only can be added to within the rules. if the history was not pubic, how could you ever know if funds did not get double spent. trust less, decentralized, and completely verifiable.
trans fees are a fixed % and not at all hard to incorporate into cost basis it's not at all hard to write down the price when you traded. you're literally given the price it is trading at when you sell. how many trades are you doing a year where it is difficult to track it in a spreadsheet for tax purposes.
person bitcoin.tax cost . kraken blockfi nexo coinbase coinbase pro bitflyer, binance. even the defi stuff is fairly easy
im sure they can get the information and send the bill if they audit anyways. instead of going through this song and dance. i forget which country does this with taxes but it sounds so much easier
it’s why they are targeting the exchanges.
true. but again...that encrypted packet went from point a to b. so we can prove it was you who sent whatever it is, if we have to. just saying true anonymity does not really exist. otherwise ross ulbricht would be chilling.
yah but you're operating under an umbrella of isps. sure you use a vpn. but i can prove you use a vpn. then see that vpn traffic on your account and link real world events to payments via that vpn. they do not care if you signed your name joe schmo, just match the handwriting.
poop (not trying to insult you, just hoping for millions of moons)
the us does not even pay their own taxes.
should have bought an usb with more storage to deposit 100%
afraid to ask where he hid the usb stick...
i wonder what happened to the other 60%
what's the usb stick for? does he not know he only needs a paper?
jokes on them. the crypto was stored on the blockchain! (pedantic af)
i'm glad he was able to escape with 40% of his life savings in crypto. with his 30% life savings, he will be able to start a new life. that was a smart move holding onto that 20%.
tldr; a 20-year-old ukrainian man managed to escape war and cross into poland with 40% of his life savings in bitcoin on a usb stick. the funds were accessible to him with a unique passcode, allowing him to pay for his survival in another country. cryptocurrencies have helped refugees in more than one way after being forced from their homes. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
this seems like a non story. as a ukrainian his assets would not have been frozen so he could have escaped with fiat or anything else on a wallet or in a bank account. perhaps the better story would be the russian that doesn’t like his country and escaped with his assets in a cold wallet. showing that having digital currency is better than fiat.
except the funds arent physically on the "usb stick" as the article and headline imply. seems like semantics, but in reality it is misleading. edit - typo apply = imply
he should’ve went all in an escaped with 100%.
i feel like a "hot" wallet might have been a better solution in this case. why risk getting the cold wallet confiscated?
if he’s anything like me, congrats on downloading all 4 dollars!
leaves a lot unsaid. how did he dodge the draft? young ukrainian men are being drafted at the border. and someone needs to fight, or pretty soon there would not be anywhere left to run.
this guy is one of us
how much you want to bet the usb stick is actually a ledger and the writer has no clue what the difference is?
is ukraine preventing taking assets out of the country? that's the only way i see this being significant.
the real power of cryptocurrency, this is just awesome.
all you need is a piece of paper, or even a rock with your words etched in it. edit: lol, it says that in the article, "“i could just write my seed phrase on a piece of paper and take it with me,” he explained." no one has time for this usb stick shit. don't place your faith in technology. it will fail you. etch your words in titanium and never look back. as usual though, i missed the point. good for him.
i'm gonna guess they mistook a ledger for a usb stick.
is it just me or does this read as an ad for bitcoin? there's even a "buy bitcoin now" sticky footer ad on the site. no doubt a bunch of people wisely put their savings in crypto to get it out of the country.
when he put it on the usb it was 100% of his savings.
we gotta share this to people who supports banks and all.
damn that is so motivating and good, we all just love crypto.
u 👏 s 👏 b 👏 sticks 👏 do not👏 hold 👏crypto!
those usb sticks are holding nothing except for the private key. their crypto are in the blockchain, not in the usb stick
it he is a she then it’s more easy to hide that usb in the p
that's probably the smartest and easiest way to just pickup and leave. no need to hassle with the banks wherever you end up.
i feel like all he needed was a piece of paper with his seed written on it stuffed into his sock or something. is the usb stick really necessary here?
he had his crypto in a usb stick? do they know that’s not how crypto works?
coulda just put it on an exchange...
then he lost it in a boating accident...
those gas fees are going to be insane.
crypto makes people easy to transfer assets.
this is why cloud storage is so beautiful. i can travel anywhere and access my coins without physically carrying anything. i get it that hardware wallet users who strictly adhere to the adage of not ever entering your seed phrase on any other device will thisagree, but having to smuggle a physical object has its risks too. while hardware wallets are basically immune to malware, needing to access funds around the world wherever you happen to be, with or without a physical wallet, is one of the advantages of soft wallets.
ledger x anal edition.
does this mean people cannot transfer their money out of ukranian banks or something? why does this matter?
why is this better than just leaving it in a hot wallet and accessing it from anywhere without worrying about the cold wallet?
ok and? deserter flees homeland with money in hand.
ftfy: young ukrainian escapes war with ~~usb stick~~ blockchain holding 40% of his life savings in crypto
would it be more accurate to say a usb stick that holds the mnemonic key-words that represents 40% of his savings in crypto? technically, the crypto coin, access to them is through the mnemonic key-words.
cold wallet vs usb stick, yeah, misleading but the general public doesn’t know the difference.
it feels a bit mad for your life savings to be in something so fragile
all ukrainian males are by law, not permitted to leave. he abandoned his country?
the urge of buying high and selling low is saving lives
elizabeth warren is probably looking at this ready to ban any type of usb sticks that works with crypto (i know it is all).
i mean his 40% life savings is not on the usb stick, its on the mf block chain. a safer way would have been for him to upload his seed phrase split up 3-4 times and stored encrypted on multiple separate platforms. much easier to retrieve and piece back together than worrying about protecting a usb stick while escaping a war zone.
good fucking job man. i’ll bet if he tried to cross with cash it wouldn’t be as good of an outcome.
so how did he avoid the draft?
we see garbage "this is good for crypto" posts all the time. but, damn, this war is truly showing the strength of cryptocurrencies. not only can we hedge against inflation, but we can also hedge against economic collapse. **preserve your wealth.** it is not safe to hold fiat.
way to put a target on your back for robbers
imagine going to all of the effort of escaping a war zone with a usb up your bunghole, just to save some , when you could have gotten rich by staying and having one of the free tanks that the russian army has been leaving lying around.
was his usb storage full or why did he have only 40% holdings?
relative, my 40% life savings in crypto is like 7 dollars
putting aside the question of *where* he hid the usb stick, my main question is if they were fleeing and already had the capability and knowledge of putting their savings into crypto, why wouldn’t they just put *all* their savings on the usb stick?
wh… where’d they hide it?
he can sneak it up his prison wallet, winkwink
sad, but thanks to crypto this is possible.
plot twist: their net worth was ... that's a lot of effort for .
diplomats should take notes.
do airports allow ledgers and trezors?
i guess crypto became a life saver for that person
it is never too late to tattoo your seed phrases encrypted with a word you only know.
wonder what coin he has.
you know what happens to people with valuable things carried in a usb stick
i hate the fact that it took a war to break out for people recognize crypto... but i guess adoption is adoption
so people in nations ripe with strife will flock to btc to make their life savings protected and mobile...which is bullish. it could cause crypto to explode! which means in order to protect their established financial order the us and europe will what? have to bring about world peace?
wow, what a lucky guy! i'm so glad he was able to escape with his life savings. i hope he never has to use that usb stick again.
anytime gold bugs trying knocking crypto i remind them of a situation like this, where you have to go on the move with your money. gold is much less safe and likely to get confiscated.
thank you gary gensler for working hard to protect me from this technology
imagine losing this wallet.
finally a good history about crypto and this war
i mean, if he had the money in a bank he wouldn't even need the usb stick? plus the rate of ukr. i really do not understand the benefits of holding that money in crypto in this situation.
that is clever :)
i portray him in my head as the rebel who escaped with the deathstar plan in rogue one lol
not your pendrive, not your crypto :-)
now \*that\* is cryptocurrency at it is best and what is was meant to do. despite all the centralization and other nonsense going on this is exactly the type of situation crypto was meant to address. it's almost beautiful to see it and the reason i still believe in a lot of the ideals behind the industry (especially during the bubbles).
the usb has his address and key, it doesnt actually hold his crypto 🤣🤣🤣
i mean online wallet would have worked 🤷‍♂️
did they take it off him?
***!!! update !!!*** it was only 36000 shib…...
one of us gooble gobble one of us!
was it in his prison purse?
wonder where he stored that while escaping.
which is now worth a whopping !!!
looking forward to when the people of yemen and palestine and libya get some cheerleading around here. war propaganda is so boring
hope he doesn’t lose it in a boating accident
are men now free to leave ukraine?
somebody learned how to kiester
definitely one of the most inspiring and beautiful stories of the war!!!
even as someone that has not invested in any crypto currency, i find that amazing. when a banking institution is unable to function and carrying cash is challenging, a single usb able to carry your life savings is incredible. i wonder if this can be applied in the us. there are several stories of police finding people with large amounts of cash on them and then taking possession of the cash. the justification is the notion that the person might commit a crime with the cash. in a number of cases this is proven untrue. people were just moving or planning to conduct legitimate business. however the cash is never returned. with crypto the police would not find any cash so people would not lose their funding.
and it only cost him 20% to cash it in ?
good for him. at least he’s able to access his money easily no matter where he goes and don’t have to worry about bank issues and stuff
most important goes inside of you.
and it is still earning value. incredible.
this is a blockbuster
this show cases why crypto is a good insurance policy
great change coming for sure and no many will be able to stop it.
i wonder how long he can survive on a few thousand in life savings
the files are in the computer??
that’s a whole lot more risky than simply having a debit card and a vanguard account
could also be on a piece of paper, does not need to be usb
long live crypto and ukraine.
why only 40%... weak sauce.
this is a great thing, crypto is helping a lot of people and we are seeing it especially in ukraine. decentralization is the key, dex over cex, kaddex with no gas over binance fully centralized and so on...
let’s just hope the world wakes up on time before we all end up gone!
although sad, war is another reason why crypto is better than fiat.
"your father, he kept this flash drive hidden way up his ass. " -christopher walkin's grandkid
now that is a use case there!
only 40%? not a true crypto maxi.
piece of paper with keyphrases would do bro.
he probably should’ve encrypted the wallet and stored it on cloud storage or something to avoid the risk of the usb being corrupted or stolen in transit.
is that 40% when measured before or after the crash?
every major news outlet should pick up on this. because atm all we get is ecb fud about crypto. we want the truth!
dont forget to collect "go"
a usb key is a weird place to keep a master private key holding the key to your crypto assets. i hope it was gpg encrypted
the modern way ...
i'm a young guy. if i had to do this all my savings would go into buying the usb and buying my way out of the country with 0
if he died, the crypto would have been lost forever.
still some people like it old school
it's funny how all the crypto-hating morons hang out in this sub more than the actual holders of crypto. news flash for crypto haters: we can all see the underlying problem. you do not have the mental aptitude to evolve and grow, and you guys are obviously salty you have not been able to enjoy the spoils. lol. who else hangs out in a sub for a topic they detest. what a bunch of losers. 😂
not as interesting perhaps, but i’m sure there are tons and tons and tons of examples of ukrainians fleeing the war with 100% of their money on a debit card. not sure why it’s more interesting to have crypto on a usb card or how that validates anything or “proves” that crypto is useful. this story would be more interesting if it were russians fleeing with crypto.
he knows what up
that young ukrainian is gonna be very wealthy & very happy in his new home, holding crypto even after leaving a war torn country
want to move ,000 without a suitcase or relying on a bank? load it up on a hardware wallet, travel, load on to new computer and send to people direct rather than to a bank. i'd sell my car to someone £5,000 in btc if they sent it direct to my wallet address. i wouldn't care if the price of btc dropped between the transfer and me withdrawing it in fiat because i have already added on a little extra to cover those possibilities.
well we found use case where paper wallet is better than hardware
good thing the 60% was enough to pay for the eth gas lol
0% savings if he had his savings in cashio. lets hope he invested sensibly
poop shoot could have done with a bit of stretching to fit a usb big enough for the full 100%
should have memorized the private key
no need to risk losing your usb stick, encrypt the seed and you can upload it even on public hostings.
hopefully the other 60% were not in rubbles
: i did not have money to buy a usb, else i'd have escaped ukraine!
some recommends to do not recommend investing all your life savings on cryptocurrency markets. it's best to see it a bit like gambling so only invest small amount of your thisposable income and be prepared to lose the lot. but i guess it really depends on how you manage and strategy you build.
that is something good and real, people should support this.
independent network and independent money is what we people need.
that just won my freaking heart man, that is just so good.
the reason is cryptocurrencies are independent and decentralized.
seriously, at that kind of condition 40% savings are so huge.
this is why ukrainians are looking forward to adopt crypto.
people like him are the reason why we are getting famous.
cryptocurrency for the win man, we will be so good in coming time.
super excited to see people adopting cryptocurrency after this,
people are getting smarter and smarter and that is a blessing.
woah that is so good, i hope he will earn more after getting out of that place.
i am so blessed to see something like this in our community.
well this is cryptocurrency for you, this is what we want.
wow it is just getting better and better, i just love this shit.
a pretty great news for us and it can make a lot of benefits.
cryptocurrency is in such a good state now, we need to see some more.
nothing can stop cryptocurrency network, this is the best.
i hope people will understand that crypto is the only thing which can save their savings.
my man is doing everything right, he should just invest more.
such a great news after so many days, glad that i witnessed this.
world is getting better, i hope other people will realize the importance of crypto.
it's so good, the best thing is that the world is changing now.
man is doing pretty much good in his life, this can change the world.
i just love how they share these stories, this is really motivating.
he could store all the money in cryptocurrency i guess.
it's just so good to see, i hope people will take some notes.
such a great time to share this news, people need to see this.
this is what happen when you trust cryptocurrency people.
this just mad my day man, i am glad that i am seeing this.
well this is pretty impressive, people are being so smart.
looks so good man, glad that you shared this here!!
cryptocurrency is here for the win, i hope people will know that.
so glad that i saw this, i need to share this to many people.
i think we need to spread this as much as we can man.
that's so good man, we really need people to see this.
i'm running a background study on how taxation affects daos like crayondao, gitcoindaos, pleasrdao etc. suppose you have any info to contribute. please slide into my dm!
how do you put btc in usb stick?
while you guys nitpick over what the headline means re: the usb stick, my complaint is that they are calling bitcoin "crypto"
i cannot imagine how nerve-wracking that must have been. kudos to him
could he not have just left it on an exchange?
he won all my respects.
poor guy does not realize that just by announcing it to whatever slightly less criminal government he flees to they are going to take half of it. or label him a terrorist and take it all.
and i got downvoted to hell when i argued that they should be in crypto, not in cash or gold.
100% of your savings in crypto. smart.
someone ought to post this success story over in r
nah, micro sd card. safer!
you guys are dumb, the crypto in on chain the size of the usb stick dosnt matter
or just buy a second usb to carry everything.
every single reply thinking you are serious... why am i still visiting this sub
well i think he just had his keys in the usb, why do we need storage? lol.
this is the real answer
the old-fashioned way of getting shit-coins.
the good old **prison wallet**
no one searched those people, they just left the country.
you already know he put it in the smelly pocket ;)
did he bring his dads watch too?
“and now, little man, i give the cryptocurrency to you.”
“usb device not recognized”
not hidden very well given we are reading about it
just memorize your restore phrase.
why, in his prison wallet, of course! a true ape, indeed!
**as long as he don’t speak about it he’s safe!** *oh wait…*
gonna. need. christopher. walken. to tell you. where. he hid the stick.
off topic: uh, how are pizza-chit and odlavso is names red and green respectively as non-admins and non-mods?
usb stick in a condom and than up your ass.
you know they hooped it.
this watch belonged to my father...
the way your dad looked at it, this usb was your birthright. he'd be damned if any slopes gonna put their greasy yellow hands on his boy's birthright, so he hid it, in the one place he knew he could hide something: his ass. five long years, he plugged this usb up his ass. then when he died of dysentery, he gave me the usb. i hid this uncomfortable piece of metal up my ass for two years. then, after seven years, i was sent home to my family. and now, little man, i give the usb to you.
it is 2022 in his pussy
it used to be you’d just stuff your money under a mattress; nowadays…
man just stop right there
so he hid it in the one place he knew he could hide somethin'. his ass. five long years, he wore this watch up his ass. then when he died of dysentery, he gave me the watch. i hid this uncomfortable hunk of metal up my ass for two years. then, after seven years, i was sent home to my family. and now, little man, i give the watch to you.
if i was in danger, tbh i would even consider putting it into my ass. it could be life saving money, who knows
might have been on the bank i guess
his portfolio is down 60%
it's on putins "usb stick" now most likely.
probably in cash. it's hard to exchange crypto for fiat in a new country.
he had to have bribed someone somewhere to get out... "...a 20yr old ukrainian man..." - so he is fled his country illegally then... do not applaud this douchebag. in ukraine no ukrainian male between 18-60 is allowed to leave (not forced to fight) but it is intended to keep from a mass desertion.
probably another stick that fell in russian hands
could be real estate that he couldn’t take with him.
likely costs of trying to convert everything into crypto to get it out, since he had to do it quickly? not to mention currency fluctuations. but just a guess.
it’s in the banana stand
he does not like to talk about squid game...
he sold it as an nft.
probably some bank locked it in a fixed account with a tremendous 1.2% apy
article is confusing on that. ' >however, he had a usb stick that contained around ,000 in bitcoin, equalling around 40% of fadey’s life savings. the funds on the drive were accessible to him with a unique passcode, allowing him to pay for his survival in another country.“ > >i could just write my seed phrase on a piece of paper and take it with me,” he explained. ' so maybe he had private keys on the usb stick which was encrypted with the passcode. maybe it was just an extra form of backup in addition to the paper seed phrase. who knows?
they just wrote the article that way to get more clicks, he has private keys backed up in multiple ways
my interpretation is that they are using a hardware wallet like a ledger nano x.
it defo wasn’t a usb stick like a memory stick-i’m assuming it was a cold wallet-i have one too-the crypto isn’t on the stick- but the stick is needed to access your wallet
go look at yourself in the mirror... then look into your own eyes while asking this question... what was this usb stick for... what was it actually? do you also yourself use an actual piece of paper to manage whatever is left of your savings while you fled a country in war? or have you used computers for more than a couple of minutes as well, and understand the function of a flash drive?
original bitcoin wallets were too verbose to write on paper.
because it is encrypted and safe... you do not think someone could shake him down for the paper? i'm sure he has multiple backups
paper is a really bad way. if you go that route, just memorize the 12 words. i hope usb stick in this case means ledger.
this has given me an idea akin to michael in prison break.
paper dosnt last as long as plastic.
it could be a trezor or other cold storage appearing as a usb stick. media reporters are idiots
i'd rather be carrying an encrypted usb stick vs. unencrypted seed words on a piece of paper in this situation, i think
it was probably ledger style hardware wallet device but whoever wrote this article is a moron.
you do not need paper. you can use your brain.
brain is enough. you can literally keep your seed phrase in your memory.
because people don’t understand crypto so they need a physical thing to make it newsworthy. he probably just had other stuff in there like photos and documents.
it's only information. if you are ballsy enough, you do not need anything but your mind.
even his memory is enough
you do not even need a paper just need to memorize a bunch of words in correct order. nobody could steal you or even torture you to get them unless you want to.
technically, it is all abstraction.
media articles be like
that's why i always tell my father not to put all of his life savings into a home and cars. a war in our country in 10 years seems most likely and when a war breaks out all those houses will be almost worthless.
i doubt he spent his bitcoin on anything
i mean having cash in hand you can do currency exchange for no % fees right now for refugees
ok now what about the ukrainians with hundreds of millions or billions in crypto? i'm guessing they got out as well?
a 20yr old ukrainian man - ahh so he is fled his country illegally then... do not applaud this douchebag. in ukraine no ukrainian male between 18-60 is allowed to leave (not forced to fight) but it is intended to keep from a mass desertion.
*ahem* (fiat is digital currency)
your seed phrase might as well be your money.
right. more impressive would be “young ukrainian memorized 12 words and despite losing all of his material possessions, managed to reach safety with all of his life savings”
the general public still does not understand crytpo wallets. # we are still early!
right, i think he would've needed like maybe four or five usb sticks to fit all of those bitcoins into and maybe a sixth for any extra he picks up.
i mean, fuck it, you get the idea. that usb stick is more likely a ledger or trezor.
they probably thought physical bitcoin could shrink in a usb.
wait, so the files aren’t actually in the computer?
they wouldn't be there "physically" anyway.
when i write a check money is not actually in a check, but somehow it works. without the private key wallet is as good as gone, so is there really a difference?
as long as you have the seed phrase everything else doesn’t matter
exactly. why not just encrypt the seed phrase before emailing it to himself?
no they are not.
even titanium fades. have more than one option. encrypted usb stick, memorize your seed words, and encrypt and upload to cloud storages. thats how id do it.
not your usb stick not your crypto
neither does your coinbase account.
exactly. crypto is life saving in this kinda situations. banks collapsed in ukraine as soon as war started due to cyber attacks. it's not that easy to do the same to btc(you need around 36 billion usd to just do a 51% attack)
is this sarcasm? or are you forgetting that you need to actually cash out to buy things? as in get the money... as in linking a bank account.
cant have a bank run if you are your own bank
only problem is getting the crypto back into cash in the new country
you're saying the files are in the computer?
could have still left it in a bank, they are still operating in ukraine and can still operate if the country is lost... banks are only servers now that can be in any country. it is mostly down to trust.
your wallet is basically just a long number. you can write that down however you want, even on a piece of paper. e.g. some people emboss it into a sheet of titanium, so it could withstand a house fire.
not really, just a typo in the headline sorry about the confusion
*those young people with their money in a stick. oh boy, times are changing.
yeah fair i’ll fix that in the title edit: just realised i can’t sorry about that
there's also always the backup seed phrase
you'd much rather have them on a bank account in a foreign country, which you cannot access. right?
i thought i read that too. something like from age 18-60 males weren't allowed to leave.
yes exactly. something smells fishy
abandoned or fled? not all people want to fight, or should have to.
maybe he did not want to die
he escaped a government that would rather have all their people die for nothing than surrender.
i am the buy high and sell low master.
probably cost him 60% to buy his way through the guards. 100% of it does not do you any good if you get shot in the back for being a coward. 18-60 were to stay and fight.
probably left before the government shut down the borders to men.
a , to be exact. ocean and his crew are on their way as we speak.
lol i hope you are saying that with a sarcastic tone mate.
in time of war, do you really have a guarantee that the funds you have at the bank will be safe? let's say from a ukranian bank. really wondering about this? i think i'd prefer knowing that i have the funds in my complete possession and control.
no. my cousin and uncles had to stay and couldn’t leave as of earlier today (their yesterday).
yeah cause bitcoin is totally not crypto 🙄
because that worked out so well for the truckers in canada lol
i have 100% of my finances on crypto and its going pretty well
it's all or nothing.
better than lugging a briefcase of cash through war and refugee camps
i guess its better than having them on a bombed ucranian bank.
it was 99% before he left. he was all in on an alt coin that went down so much that it is not only 40% of his life savings.
100% in bitcoin only is smart. 50% in altcoins is a different story
usdt, usdc, tusd, busd,...
yessir worked out for me!
that's a whoosh if i ever saw one
some would even say its whiked smaaht
it's the love we want for cryptocurrency, nothing else.
just as smart as 100% of your savings outside of crypto lol.
the only not smart thing about it is the unnecessary risk of carrying it on a usb stick.
in the truest sense
in his pee pee
hands down funny shit
aka the “warm” wallet
keeps the seed safe
you mean the prison pocket, where inmates hide their ledger ![gif](emoteemo_pack_1dyor)
where can i buy one, does it support exodus?
keister- the reverse double inhale
the forbidden gateway to profits.
so his 40% life savings are shitcoins now
"hot pocket" -jim gaffigan
i can hear you rummaging around in there
jail hodling kinda wallet is the best
even if they did... sir, this is a wendys
"windows will format the unknown drive"
so easy... *eyes my 37 different wallet keys*
here is a hint courtesy of christopher walken ![gif](giphydtsrpscfrlvgw)
"he'd be damned if any slopes were gonna put their greasy yella hands on his boy's birthright. so he hid it in the one place he knew he could hide something."
the most trusted prison wallet
they purchased special memberships for the subreddit
yeah, or in cash. they possibly had saved up a stash in case of emergency. it's most likely a combination of all three. crypto, cash and bank account.
the other 60% is in putin's bank account.
he should’ve put it in the bank i don’t think it’ll be very safe on it.
i see he must have invested same time as me 🙈
guess he needed a bigger boat.
it's "our" crypto in russia.
there are a number of reasons which allow 18-60 male to legally leave country. for example, being completely unsuitable for military service allows for a free pass. or studying in uni. i suppose the latter is the reason.
"usb stick" is probably a trezor or some other hardware wallet rather than a flash drive
this article isn’t very crypto literate-the “usb stick” doesn’t contain the crypto-the crypto is on the blockchain-but to access it he needs the usb stick-its more like a key to a bank at a safe the money isn’t in the key
i would assume it is a backup of his keys. i have three usb drives exactly the same encrypted with a hidden encrypted layer.
the article really sounds like they hit the buzzword generator and got “ukraine” and “crypto” and then tried to make a story out of nothing to fit those words.
my only back up is on an encrypted usb drive. much safer than paper
it could just be offline wallet with an encrypted .dat file. people do not really use those much anymore, though.
when crossing a border with a probability to be seized a usb stick is much worse than a paper. nobody cares about a piece of paper on your socks or underwear or even on your pocket. it goes unoticed.
even if it was a ledger, if he lost it or it got broken while running he wouldn't be able to access it anymore because he did not have the original seed. he could also get beaten to death if someone finds a ledger and knows what it is. if it was a paper with words nobody would know.
i wouldn't want to rely on remembering the entire seed phrase perfectly though!
all this pain is an illusion
which country’s that? why 10 years?
cars are usually a depreciating asset at the best of times.
probably why it was not all of his life savings. once he gets setup wherever he is going it is easy to turn it into fiat, but yes while travelling there is not much to do with it. journalists were using bitcoin to buy cars in ukraine, it was an interesting article. ukrainians have some of the highest rates of crypto adoption.
it's a lot easier to armchair general saying that you would staying behind during a war draft. would you be fine with being drafted in your country for ww3?
honestly, i don’t know why more people don’t simply *memorize* their seed phrase. i’ve memorized three: my cold wallet, my warm wallet, and my shitcoin wallet. if y’all can memorize your times tables, the first paragraph of the gettysburg address, the words to jenny-5309 or my sharona, guitar chords, the periodic table, us states, or latin declensions, then you can memorize a 12- or 24-word seed phrase. it just takes a little bit of work. just do it!
>the general public still does not understand crytpo wallets. the general public still does not understand how to do simple tasks on a windows pc, an operating system with the same basic layout for nearly 3 decades. >we are still early! the los angeles kings professional hockey team (edit: and lakers) literally plays in the **"crypto.com arena"**
we will always say we're early.
10 years from now and we'll gonna say the same "we are still early".
the general population doesn’t understand much beyond 6th grade reading. that’s the current average intelligence in the usa, if you’re interested where an iq of 100 places you. the most depressing part is that literally 1.
i assume it’s either the key to access it or a part of the key to access it?
general public doesn’t understand banks either lol
lol, definitely. it gets really heavy too once you start adding too many coins.
time for everyone to memorize their seed phrases
if done right titanium is at least better than paper, but you’re not wrong at all overall. the problem is i have 4 different ledgers at the moment and will be adding more at the end of this coming cycle, so it starts to get a bit difficult to manage the seed words. for 90% of the market though, you’re right.
well certainly not my coinbase account since i cleaned it out and went to kucoin
out of curiosity, a person with ? how big that damage would be? would that person lost all those ?
this is not true though. banks do work and i was able to use my cards via apple pay without any problems abroad. however the government has issued pretty harsh restrictions on anything related to foreign currency operations in order to prevent cash quickly flowing out of the country. big examples would be: no buying or transferring foreign currency (which is a pain). at the same time, crypto is also not a panacea in this scenario since you are locking your savings in a fluctuating asset that you can also easily “lose”. you see, when shit is hitting the fan and you flee from bombs - it is very easy to forget pretty much anything, including your wallet. same applies when you are moving from place to place trying to find a new place to live. crypto is definitely a good thing to own in case of such events but for sure it should not be one’s only stash of money. both cash and bank accounts add up to the options at hand.
what about a scenario where internet is no longer widely available, either way you better have some gold, water or silver if you wanna buy anything from my store.
why wait for a bank collapse when your crypto 'life savings' can lose 10% in a day
>it's not that easy to do the same to btc(you need around 36 billion usd to just do a 51% attack) wrong. you're talking about attacking the system integrity, which btw is very hard with banks either. but crypto currencies are prone to denial of service attacks like any other thistributed system. an attacker with a lot of resources could isolate ukraine's wide area network by simply cutting all lines and jam satellite signals, then bitcoin would not be usable in ukraine. ukraine's banking system has the advantage of being smaller, being cut off the global internet is no problem. however, a cryptocurrency with a directed acyclic graph (dag) like iota could withstand such a network split and operate normally after the network re-merge, due to the way dags are structured.
can just sell p2p.
pretty straightforward using websites like localbitcoins, localcoinswap, bisq, etc.
this is the point of crypto...your the bank.
old man proceeds to insert usb in atm card slot, screams at atm "give me my money!"
hey, it says it in the article - usb stick
important detail some don’t know. if you have your seed phrase then you can still access the bitcoin if usb stick is lost or broken.
at least it won’t lose 30% value in a dip overnight
that’s correct. still in effect.
die for nothing? i hope you are getting your payment in crypto and not rubles, comrade.
not all people want to die for a puppet president
good catch. thanks, i’ll edit
i wish you and your family all the strength in the world, and i hope your cousin and uncles stay safe! slava ukraini, my friend!
naming the actual asset he used would make a more meaningful headline.
now pay 20.2 oops
lmaooo millennials be like
i hope people will know that inflation is the real shit here.
up until recently i would have 100% of my savings in crypto (admittedly it is not a crazy amount because i do not earn much) but it meant that i wouldn't take out of my savings whenever i wanted because i have horrible impulse control. it allowed me to save 3x more than i've ever saved in my life before. now i have that and another savings account because i'm travelling to canada from australia in june to compete in the world tournament for axe throwing.
where do you get groceries?
until it does not.
sounds good, i hope i will do the same in coming time.
ouch. well obviously now i'm gonna do it to prove i'm not a pussy.
there's some maths i can get behind
the maneuver to remove the usb stick is aptly called the "vladimir poot-in"
aka “my dads human fleshlight”
shit! where to keep it safe?
i'm gonna need you to put them way up inside your butthole morty
this means 2 things
interesting i thought the ledger was a *cold* wallet
death pocket! he's so funny!
cancel! cancel! “drive formatted successfully.” the only time the thing works on first try is when you don’t want it to.
use a password manager like keepass for seeds. store keepass database file in 3 places. 2 local devices (example: phone, laptop) and 1 cloud (example: dropbox).
just use bitcoin. everything else is just a scam anyway. it's so sad that you do not realize the best solution is so simple. just buy and self custody your btc. it's simple network theory. it makes no sense to diversify in the age of bitcoin. doing so just weakens the network compared to everybody on earth unifying behind a single global standard money.
i would put 80-90% of all my saving into crypto and 10-20% in cash in case of emergency.
in russia, crypto owns you
i see this come up pretty regularly but i don’t find it worth getting pedantic over. almost like saying nobody owns any crypto, it is all on the blockchain! … ok i guess … but i hate you …
wrong, the money is inside the usb stick
don’t even need the usb stick. just need the seed phrase. the usb stick is just a thing that makes the process of verifying transactions simple.
bro, that is such a nitpicky way of describing it it is ridiculous. for all intents and purposes, if the usb stick is the only device storing the private key in some way then it is the defacto crypto.
sounded to me from the title like he took a ledger wallet but it is just a normal usb with his seed phrases on it?
oooh, tell me more.
not really. usb sticks can malfunction. paper is more secure as long as it is kept away from moisture, fire and silverfish.
is it really? when ever i find an usb stick that is more than a few years old the files on it will be corrupted.
people in the west? no. but people in former soviet 2nd world countries might, when vhs is still a form of media they probably still use offline wallets with dat file
he's crossing a border into poland, his shit would not get seized. a piece of paper can fail you in so many ways, not to mention it immediately compromises your crypto if someone gets a hold of it.
as a person who uses paper to write measurements at work any time i have them in my pocket the heat and moisture turns it into something softer and less legible than toilet paper
some people can memorize whole books. it depends on the person.
somewhere in the middle east. we already have a small war that has been going on for decades. 10 years is a optimistic guess tbh.
they live in warin2030stonia, so it seems inevitable.
considering i'm already a part of the defense department - yes 🍻
i have lots of family there, but obviously you know better than i do...
the thistinction between fiat and "digital currency" is false. most us dollars (the global reserve fiat currency) are digital, not physical. the difference between fiat and crypto is not in the physical nature of fiat; it is in the mathematical basis for crypto's value. this might seem pedantic, but it is fundamental to the value case for crypto. many detractors will say that crypto is valueless because there is no physical currency ("it is just made up internet money"); we have to remind them that fiat also largely lacks a physical basis, and bankers have the power to mint dollars at will (the so-called power of the keyboard). similarly, some proponents of crypto seem to think an advantage of crypto is that it is digital and therefore can be moved instantly, and they imagine that moving fiat requires moving physical dollars from place to place. the truth is that the stewards of fiat could easily make transfers instantaneous if there was sufficient pressure for them to do so; it is simply more profitable now for them to slow down the process and.
because if you get it wrong, suffer an injury, die, etc then there is no backup.
there are people that have lost access to millions of dollars because they can’t remember a 6 digit number.
if the crypto is old, the usb could have private keys and not a seed phrase. good luck memorizing that.
i’ve forgotten the four digit pin to my debit card lol memorizing words is not a strong suit of mine.
i have too many for this to be feasible. but the primary wallet at least is definitely worth giving this a try.
you went with the kings (hockey) over the lakers (basketball). curious. maybe you're just early on the kings.
i work with people in their 30s and early 40s who do not know how to copy and paste with c and v. i have no clue how that is possible. not many. but a few. i do not expect anyone to know how to code (i certainly do not) but this is pretty basic every day stuff now.
with those comments on r- fifa wc2022 announcement plus r, i’m afraid you might be right
you may be correct. honestly the adoption of crypto compared to the world population is super small still and the that is including people that only have the smallest amount of crypto into it as well. 10 years there will be a lot more adoption, but even then i do not think it will be anywhere near 50%. i'd say in another 20-30 years mass adoption will be taking over. or at least that is my hopes as i plan to hold for about 25 years.
i’m financial poor compared to the global elite, but if i would own 1 btc, memorizing my seed phrase would be the first thing for me to do! what are 24 words if you think about having your money in it! this is literally a first world problem if you don’t want to do it because it’s too hard…
check out 51% attack but gotta keep it in mind, no one would waste 36 billion in order to damage a blockchain. it would be wasted money
i did not say they do not work now. plus mainstream media made huge news on russian cyber attacks on ukrainian bank system and how they remained silent for a couple of days. it's true you can lose your money in crypto, but stable coins do exist. in this kinda situations one can simply buy them to be safer
so nobody trusts you? yeah, sounds about right.
head into the bank to throw a fucking tantrum because the machine would not give him his money!
good thing the russians kept their money in rubles, right?
thank you very much 🙏 i truly appreciate the well wishes. one aunt and little cousin just got to poland earlier today. we hope we can reunite with them soon.
do you want bitcoin to be the kleenex of the crypto world forever? the headline is factually correct.
tree fiddy. lol 😂
better crypto than ruples
damn it is a huge loss, anyways i got cryptocurrency now.
i used to be an axe thrower just like you, then i took an arrow to the knee
that’s awesome, good luck at the tourni!
aaaaaand it is gone...
congrats for becoming a crt (certified risk taker) both financially and physically.
crypto.com has a debit card, of course that requires keeping some crypto in their cex...
so you buy groceries with your savings?
there is a difference between savings and money for a living.
you cannot prove it because you are. i think that is the first step.
putin my butt!! amirite ladies? oh, tough crowd
aka “where the light don’t shine” wallet
the ole' poophole loophole.
make sure they do not pick your pocket
hope no one picks my pocket
natures pocket. buttholes are nondenominational. everyone’s got one
*shit!* where to keep it safe?
cold is usually the first impression you get. after some time it is nice and warm.
it's only cold within the first minute
"you know, they have a vegetarian hot pocket now. it's for people who do not want the meat, but they still want the diarrhea"
you are deluded. btc is great, of course. but to say it is the only one worth supporting is silly. your argument, "network effect makes it valuable" is applicable to every coin as long as it gains a following. monero would be the best to rally behind, imho. i hope other privacy oriented solutions come about too
> single global standard money. i'm a huge btc bull, it is the first crypto i ever bought and i've never regretted it, i believe in it and i dca regularly with it, but i do not think that'll ever happen. also, it was more of a joke, i mostly hold btc. nothing wrong with diversification haha. thanks for the link tho, i'll check it out.
honest question, are the refuges able to access their bank accounts from poland?
for reference, the article said his life savings are ’t necessarily unreasonable. also, carrying ’t very notable either.
depends how much i had tbh. if i do not have an amount that 10-20% would be enough in case of emergency, then id take more percentage wise
or at least i would put 90% in crypto and 10% in cash for emergency situations.
saying the crypto is on the usb rho sounds different-i’m happy for properly to say i own the crypto-it’s more misinformation on what ledgers are imo like people think you can stink in a usb and download a bitcoin into your laptop or something-i know they do cos that’s what i thought when i was new to crypto
it is really not the same thing at all. you can lose the usb and still have access to your crypto if you have another copy of the key somewhere else. it is like saying losing your car key is same as losing your car. it is really not the same.
akshually, you only own a set of keys.
> … ok i guess … but i hate you … perfect summary right there. this is basically how it goes anytime anyone gets pedantic over details that are not important. even if you score the imaginary point, you lose the human(s) you're talking to.
that part can be ignored, but whats up with the usb-sticks? makes it sound as if you have to be especially tech-savvy. "it was a regular usb-stick that has been formatted in fat32 and was modified to be bootable which contained a dat-file with ascii-text in csv for the 24-word seed-phrase".
if satooshi nakamooshi says it is, then it is!
that seems like so many extra steps rather than just writing it down but i guess if there’s a password to the usb or something it’s added security
i am not recommending this. this is less secure than other methods. this just works for my scenario. download a program called veracrypt. lots of tutorials about how to encrypt the usb and create a hidden volume. then come up with a complicated password only you can remember. i used this article for reference: i have 3 copies so if i lose one or two i'm okay. i keep one on me, one at home, and one at my folks in their safe. i needed to come up with a way to memorize the "keys" to my everything. i have a terrible memory, so a recovery phrase is out of the question. this basically boils it down to one password that i need to remember. my laptop i use for it is not connected to the internet, i do not plug it into anything other then my old laptop (no internet period). like i said, not the most secure. but it keeps me organized and i sleep well knowing the one password instead of keeping everything on paper. i just wanted to be sure. if something ever does happen, it is next to impossible for me to misplace or lose my credentials. i did not feel the same about paper copies, or storing them on a pc connected to the net, or using a password manager.
i have 3 in different locations
yeah or like poland or something.
the us does not have a digital dollar. what are you talking about?
you can always make a backup, too, encrypted and, for the event of death or whatever. but in an emergency such as this one, i’d rather carry *nothing* on me, and have zero papers. also, if you have it memorized, you won’t get it wrong.
why would they not upgrade after all this time? usb memory does not last very long.
> you went with the kings (hockey) over the lakers (basketball). canadian. yes i know we invented basketball too, but we let you guys south of the border have that one.
or late, wayne gretzky retired a loopooong time ago
that shows a complete lack of ctrl
sounds like a pyramid scheme
i'm serious. i'm working on memorizing my seed phrases. unfortunately i have a lot of wallets so it is hard to get them all memorized, but i'm prioritizing the ones with the bulk of my assets. my goal is to not have to write down a seed phrase at all.
thats an extremely trivial amount of money for many organizations. its enormous for 1 person only. it costs ,000 an hour to fly one american bomber. .
is this sarcasm? p2p is literally how we were all exchanging btc for money before exchanges were even a thing, lol.
that was a shot just to take a shot. personal attacks have to suffice when logic fails and debate evaporates. i will make this easy for you. your bank does not really have your money. the blockchain does. a real active, market capped coin does. if the coin has **liquidity** you have money. there are less **guarantees** in life than you think. russians swore they had money in the bank as well. till about a month ago... then their gov lost its mind and here we are.
he’s ukrainian not russian
a statement contradicted the headline we're talking about.
well it was about that time that i noticed that the dip was about 8 stories tall and a crustacean from the protozoic era!
aaaaaannnnndddd it is gone.
now 250,000… wait, now is 0.250
i used to be an axe thrower just like you, then i took an ~~arrow~~ axe to the knee ftfy
this one got me 😂
honestly if you play pretty much any other sport you have a much higher risk of getting hurt in that compared to axe throwing.
binance too. and it does not have a 3% fee on crypto transactions.
he said finances tho
well can we get the groceries with cryptocurrency mate?
aka "where your father held this pocket watch in that viet cong camp"
this is my room
i'm actually pretty surprised monero did not spike after the sanctions. figured at least one billionaire would try to anonymously hide a fortune
they are in war mode... so no
the value of the dollar to you is not what it is to them. avg. salary in ukraine is around 150$.
you're not wrong walter...
so a ledger nano
okay, let us get into it. take a look at the last paragraph in this link: m0, the monetary base, includes physical notes, coins, and central bank reserves. it is basically the same as the number of physical dollars in circulation. m1, which is the most commonly used figure for total money supply, includes things like checking accounts ("demand deposits.") these are accounts for which banks have to be ready to pay out at any time, theoretically. m2, on the other hand, includes things like savings accounts, which banks are not prepared to pay out in full beyond the ,000 fdic insured amount. money in m2 still circulates - you can use ach transfers to pay things like rent - and money in m1 *for sure* circulates, every time you write a check or use a debit card. the monetary base (m0) according to the fed is about , almost half of which was printed in the last couple of years: m1 according to the fed is about (m2 is about the same): so a normal measure of the total supply of us dollars is --in other words, there are about . whereas there are only . so there are about "on paper", that is, in bank ledgers, and these are moved digitally. since we're talking about it, you might also be interested in this [slightly outdated chart]( which includes estimates on a more global scale.
okay let us say for example, i had such bad memory that memorising it was not an option. could i do something like sending parts of it to different people that i trust, then combining it at the end? or what's stopping me from putting the phrase on google drive other than people accessing my account?
ah canadian. can we keep vitalik too?
that’s extrasmooth badumtss 😂 sorry for the bad joke. go for it, definitely not wrong doing it!
there are other cryptos out there that are resistant to the 51% attack. if bitcoin ever did get 51% attacked as part of a war it would be the ultimate legitimisation of crypto in a way. besides, given bitcoin's current hash rate, . the way you do a 51% attack is by controlling the majority of the computing power on a pow network which allows you to double spend and other various things. bitcoin's hash rate is currently estimated to be at around 208m th,000 - to have a controlling share of the computer power you need 1,890,910 miners. to buy these from scratch would cost 24,581,830,000. or 24 billion oops accidentally proved myself wrong. i'm just going to leave this here as a beacon of my idiocy
everyone in this thread needs to do some god damn research. a 51% attack is totally impractical at this point and has been for years. here is a video by andreas antonopoulos on the topic:
yeah back when there was 10 people using it. how were they sending money p2p? oh yeah. using payment systems that need a bank account to actually withdraw the money.
i know - i was just responding to your comment. you seemed to suggest that keeping money in cryptocurrency was risky because it could dip 30% over night. meanwhile, money kept in traditional currency (such as rubles) can also dip by 30% overnight. so that 30% dip is not unique to crypto currency.
what statement? it’s literally says guy escaped with 40% of his savings in crypto. the article specifies btc, which is crypto. gtfo with your nonsense
i gave him a dollar just yesterday and i thought he would go, and now hes asking for a goddam tree fiddy
need to be usb3
thanks for the fix. ancient reference in internet years, didn’t want to deviate too far
i saw some crazy videos of the axe coming back after hitting the target on the wrong side and hitting those standing nearby or sometimes straight back as well. but yes, the probability of injury is very low compared to other sports.
u got a point there
yeah come on. insertion is the vladimir put-in. so obvious
this is the only answer.
wow. i followed all your replies and i am thrilled to know all these. it really seems like fiat is more digital than it is physical. i am wondering as to what’s the computation for our country. lol
i think we are largely talking past one another. the original point i’m making is that fiat currency is controlled by central governments. the original story the person leaving ukraine could have left with his credit card and money in the bank. it wouldn’t matter he could have physical cash or money on a ledger at a bank. his assets weren’t frozen by a cabal of nations as the assets are of a russian. a russian with crypto on a cold wallet does not need access to the world financial system. his rubles converted to crypto are not subject to arbitrary lockouts by any central bank or world financial institution. if i’m russian i’m converting all of my money to crypto so that i can actually use it as opposed to having my debit and credit cards frozen like they would be now. it would be more of a story about the use case for crypto over fiat currency that is subject to governmental whims. as for the worth of fiat vs crypto. the physical nature of fiat is meaningless. it’s literally paper. i mean i could melt down coins for the metals in them, but it’s probably not worth it. i don’t think anyone believes in fiat because it’s made of matter.
look up “shamir secret sharing scheme.” basically, it lets you split your seed phrase into 3 (or 5) pieces, and you have to have 2 (or 3) of the pieces in order to reassemble the original phrase. do you could scatter the pieces amongst trusted parties. basically, kinda like horcruxes. as for google drive in plain text, that’s a bad idea, bc other people will access it. if you can memorize pokémon, though, you can memorize 12 words.
what if you let crypto mining become a huge industry in your country and then ban it so you can buy used miners for very cheap and then just keep them in storage just in case?
i take it you are new to crypto? if you were around back then, you'd know that p2p trading was common, and has grown more since then. with websites like localbitcoins, localcoinswap, paxful, bisq etc you can trade using paper cash, cash by mail, amazon vouchers, transferwise, revolut, western union, zelle and many others (heck even runescape gold), none of which need a bank account.
that would only happen if your government absolutely fucked up, in this case russia, i cannot imagine another country right now in the world that could be so sanctioned it would economically die like this tbh.
is that ancient now? god that makes me feel old, but i definitely got the reference, but meme's can be tweaked to fit the reference more.
the axes they most likely use in the videos you've seen probably have rubber handles, most commonly used at axe throwing venues is an estwing axe, they are used because they are extremely durable and weighted well to rotate. the rubber does add a bit of bounce if it hits the board in the wrong way. another issue seen in a lot of these videos is rubber matting beneath the target which also can increase the bounce. in competition axe throwing (for the sanction i compete known as iatf) the handle has to be made of wood which has very little bounce, plus underneath the target are woodchips to thisperse any bounce as well. i've been an axe throwing coach for almost 3 years now and i've never once seen someone get injured from an axe bouncing back. the people that are most prone to injury are the idiots that throw it as had as they possibly can and with no technique at all and in those situations it can become more dangerous for sure. as coaches we cut that shit out real quick or just straight up kick them out if they do not listen to us.
okay so it seems like you get what i meant when i said "fiat is digital"
can we have pokémon names for seed phrase? i feel like i can remember this better.
how will other people access it if it is in olain text on your google drive? hell, if you are so worried about plain text put it in a zip file together with a 5 second video with a simple password and call it sample-readme
china tried that and all the miners left. there are other costs besides miners and usually the logistics around them are pretty big. you need a space and power to house the ~2min lion miners. that’s not trivial, not to mention procurement of 2million miners by a single party would be next to impossible in current climate. how many ant miners are produced per year? that means no one else would be able to buy them for a long while while the single party keeps buying them.
oh yeah, a series of ways to get scammed out of the remainder of his life's savings.
sure sure, just saying that categorically your assertion that only crypto had that risk is incorrect
good to know. learnt something new today. thanks for sharing your experience and knowledge. wish you all the best in the upcoming competition.
you perhaps understand that a native digital currency is different than fiat that may have some digital footprints
not under bip 39, but where there is a will there is a way!
if you are referring to exchanges, then yes i agree. already lost around 13 btc in the past to instawallet and mtgox getting hacked, and wex running off with all users' balances. which is why i use the safer alternative of p2p trading now, the coins are kept in escrow so should anything go wrong the mediator can simply step in and release the coins back to the seller. and if you pick the buyers with verified profiles and near 100% positive feedback, there is a zero chance of them trying anything. never had a major issue in years of trading.
say what one more time!!
well, i can imagine there would be differences, but i do not actually know what those differences would be. care to elaborate?
im still poor so nothing changed really.
got it. buying every coin that is down 90%
only the percentages are asymmetrical. the market is not.
“the market” is not asymmetrical. calculating gains and losses by percent is asymmetrical because percentages give you a relative value not absolute. if you want absolute values just watch your dollar amounts (ignoring inflation, obviously). a . if your favorite currency drops ’re right back where you started.
that’s why you buy the dip to bring down your cost average.
i didn’t lose shit cuz i didn’t sell
people are going to downvote this because you do not understand math. a 90% loss of sugar cubes would be ten minus 9 sugar cubes: aka 1. it leaves you with one. a 900% increase in your sugar cubes is nine more sugar cubes. one times nine. you are talking about the same number of sugar cubes. take nine away from one to get 90%. add nine to one to get 900%. it's not exponential. exponential is something completely different.
i don’t really get why this is? if crypto went down today… and tomorrow it’s back to where it was… then why was it not where it was yesterday? it’s the same number? like… what?
ok but after a . check mate.
i just look at, how much money did i have yesterday? do i have that amount today? cool. i don’t ? buy till i do.
correct... here an example: *an investment is worth . if it goes up 10 percent it will be worth . a drop of 10 percent puts the investment at . the 10 percent is based on the . after the 10 percent loss, the new starting point would be . since it takes a , 10 divided by 90 shows that, in this case, it would take an 11.1 percent gain to recover from the loss.* the tip to remember when calculating return percentages is that the calculation always goes from the starting point to the ending point, with the starting value as the base.
you just a paper hand
using percentages overdramatizes the situation, if a coin loses . i agree that it’s usually harder to get back up and may take a little longer but it’s not 100 times harder to make up a 90% loss
i need some charts and graphs.
this is why it is handy to use logarithmic returns. when i go from 100 to 110, that is a log return of ln(110) = 9.53%. obviously this is slightly different from 10% return like normal, but when you go back down from 110 to 100, that is a log return of ln(100)*100 = -9.53%. symmetric. when the returns are small (~1-10%) the log return is close to the regular return, so it is useful for comparison, but when the returns are large (~10-90%) the regular returns are less useful like op is pointing out, while the log returns maintain symmetry.
if i’ve got 1 eth now and the market tanks 90%, i’ve still got 1 eth. slightly more actually, because it’s in an interest bearing account.
thank you for the 4th grade math lesson.
%. * 900% =/= . it is . if an asset loses 90% in a day, it needs to go up 1000% to break even, not 900%.
this does not mean anything. all it does is show that the absolute values represented by the percentages changes depending on the context. if this is the kind of stuff that you guys think of as insightful then this sub is a joke.
lost 95% in 2018 lmao people say, you've been in crypto since 2017 and have not made money? are you stupid? well yes maybe. and tbh after getting wiped out i just walked away from crypto space and tried to forget about my losses. thought crypto would never return to those heights. didn't have money left to buy the 99% dip because i bought all the 5% dips
it is not asymmetrical dude, it is just math and the way percentages are calculated. if your coin goes down ... its symmetric.
can i get the 900% gain without the 90% loss, please?
if i own 1 bitcoin at 50k and it goes down to 5 cents and then back up to 50k it does not fucking matter what the percentage is, i did not lose anything.
correct but… why does this matter? gains are an absolute number
fuckin aye, what a blood bath. where are all the buyers is what i don’t get. there needs to be resistance pushing up. do long term buyers just have a short memory or something.
only idiots believe this shit
90% loss of ,000 leaves . (10% of ,000). **1,000%** () = (the original) ,000. not "900%". the correct factor is 1,000% (10x, not 9x). don't take financial advice from dipshits.
it's only 'asymmetrical' if you use percentages as a metric. though why you would, i'm not sure.
99% loss would need 9900% if you will not buy dip. if you buy the equal amount at 99% loss, you would need half of 9900% to break even.
so if market cap is 10m and drops to 1m. how much market cap do i need to get back to my start point?
yup hear that mxx? better get to it rugpulling sobs
that why you buy the dip and get asymmetric gains on the ride up. lower that basis!
when you say it like that it sounds all like "i would be so hard to get back to that point" but when the market cap is lower you actually need less money to increase it. therefore it does even out
lol looks like someone sold the dip
well yeah durr... why state the obvious? if i lose half, then off course i need to double what's left to get it back - it is just the inverse of what you lost!
what happens when you average down?
i swear to god, the posts on here are getting worse by the day. someone could post a way to fix the crypto trifecta and it would get 10 upvotes. meanwhile someone does some math and it gets 2.4k lmao
its not "the market", its simply "the mathematics". your point is valid but you make it sound overly dramatic.
thankfully i only see losses in terms of capital lost. profit can go to zero and it still would not matter to me. wanna know why? coz i only invest what i afford to lose.
the market is not asymmetric, it is just math. yes if you had massive loss it take enormous gain to recover... duh...
ok but show me one time that the btc or eth market didn’t go back to exactly where it was before a crash, and then up significantly more even from that. zoom out and see where we are on the big picture crypto market. going up and up and up and up.
for those who did not quite get it... i buy ,000 worth of x coin . so i have 10 x coin. 10 x coin = ,000. the following month it goes down %90. so now it is . and my 10 x coins are now worth . the next month x coin goes up %90. %90 increase from ...! not . so i now have , not ,000. %90 ***decrease*** from . %90 ***increase*** from .
lol it is not the market that is asymmetric silly. that's basic percent change that is asymmetric.
don’t look at it in % value then which is dumb to begin with and besides if you don’t sell you haven’t lost. if eth goes down 100. percentages is a bad metric to go by.
op doesn’t know math
another way to explain this is if something valued , that is a 20% loss. if it goes up 20% (\* 1.2) = , meaning you are still down by . it would need to go up by 25% from (\* 1.25) = . hope this helps.
i lose 90% of my current portfolio, i will need +900% of my new peice, or 90% of my original price. op trying too hard to complicate.
isn't this an obvious middle-school ?
very good point especially for the people that are newer to this
this only applies if you sell?
and? we are going to 500k in the coming years so just sit back and hold on!!
bro who the fuck cares? its 2021 anything can happen take the stick out your ass
if your metric is on the current balance at any given time you are right, but if it is on your original investment then it is symmetrical. losing % but if you make that 20% of your original investment back you will be at , or down 0%.
that's right where i'm sitting, still in profit but that april crash hurt my balls.
this is why you dca because you can always lower your average cost in times of fear like now. be greedy gents and the few ladies out there.
this type of math makes me sad.
i'm just hoping it will stay low until payday...
fuck you but thanks
what if i hold and buy more cheaper?
it's not the market asymmetric. it's math 😃
how does dca play into that?
good thing i only sell when it goes back up
just a reminder that a 900% gain in crypto takes like a week or so.
i never think of it as percentages. i always remember it by date and price i bought with quantity. say... ez.5, i need ez to go back to 7 dollars. instead of stressing about percentages and making it seem like i lost everything like what you're doing right now...
is this referring to selling?? doesn't the initial cost of investment stay constant. if i buy - 50k and i've not sold, wouldn't i have not realized any loss yet? i'm a little confused about what you're saying i think.
900% back to levels already reached. its psychologically different
so expect 900% gains soon? got it, thanks.
so buy the dip after 90% drop to get 900% gain when it goes back to that price is what you're saying?
never sell and you never take a loss.
i'm sorry but there is no way one of the big coins like btc or eth drop 90%
the difference is purely semantic. "loss" describes the whole, after a portion is lost. "gain" describes the portion itself. let's say the strength of each move in the market is constant, and there is equal chance of going up or going down. in this case, a 233% gain is equally as likely as a 70% loss. you're drawing attention to this as if you need to make up more ground after taking a loss to break even. that's wrong. you just need to make up the ground you lost. the fact that the % gain required to do this is a higher number than the % you lost, does not make it harder to achieve.
shut up and take my money
two words, average down
this guy works for a bank.
that would be killer gains if you bought at a 90% drop from ath on a coin and it reached back up to ath
this is why you buy the dips
can’t lose if you don’t got paper hands.
a lot of comments of buying the dip or buying a dippier dip. \- throwing everything at the current dip: it might dip substantially more relatively soon. \- hoping to throw everything in the mega dip: you cannot time the market and you might miss a great opportunity buying the dip. consider applying some "dca" strategy: buy a little bit now, but even more if it drops another 10%, buy even more if it drops another 10%. this way you have not let the dip gone wasted, and if it dips further you have spend the majority of your money during the deeper parts of the dip. good luck all!
wait, you guys sell?
buying the dip for huge gains
how does this make sense? can someone eli5?
reminder it can only drop to zero, but can literally go up to infinity. keep spreading that fud. didn’t work in 2017. won’t work now. i know others are a lot more screwed than i am if it all goes to zero.
target locked , time to google big % ones
it's a loss only if you sell. unless it is icp.
"the market is asymmetrical" i mean, true, if i eat half a pie i would need twice as much to get back to 1 full pie, is not that elementary maths? that's how percentage works, nothing specific to finance or "the market".
so you are saying there is a chance?
instruction unclear: bought more cryptos :d
dam i'm bad at math...
this is math but you are presenting the information as if everything is crashing and not coming back. talk about exagerating. this is a dump. the business case for the good coins still stands
i hold the line through thick or thin
well thank you for that reminder. buy the dip
today, on the front page of , i learned that `1* x= 1`for four specific values of `x`. i came for the memes, but i stayed for the math.
why did you jinx it? now everybody know. shitcoins need hopium, not math knowledge to pump...
this is just simple mathematics. people should definitely learn what exactly is percentage before buying.
if you originally put in %, immediately put in another , then immediately sell the whole lot to reduce how much you've lost.
math is fun! if a coin goes 2x today, then tomorrow, it would need to lose twice as much value as today to drop 10%! and if you eat nine bags of cookies before dinner, that tenth bag of cookies you have for dinner will only be ten percent of your total daily calories. but at the minute you’re eating it, it will add 11.11% to your total! that same bag of cookies can be two numbers! long story short, math **proves** that you should sell your crypto. i’m going to keep mine. but you definitely shouldn’t be in investment.
i know i won’t have to work hard to convince you of this, but safemooners literally don’t understand this. when their coin dropped 90% from ath and then the wallet launch happened the price went up over 100%, they were linking me to the charts and going “har har har har” i was saying “guys you’re still 78% down lol”. fell on deaf ears.
the market isnt asymmetric, but just calculating relative gains is asymmetric. if you lose 10$, you need to gain 10.
you are 100% lost.
instruction unclear: buy 900% of my wallet value in crypto
what is this "maths" you speak of!?
that doesn’t make any sense 😂
of course it is asymmetrical if you look at it only in terms of percentages. that applies to literally anything. the market is perfectly symmetrical in terms of price. if your crypto portfolio drops .
math is a nasty bitch.
“people are going to downvote…” this is a reason to downvote. cringe
but on the other hand, if bitcoin drops by ,000, it has to go up by ,000 to get back to the same price.
we aren’t in crypto because we understand numbers friend… please explain this in dog memes
the key is to stop looking at percentages. look at direct value. if a coin is down , then it needs to go back up . look at that ma, no hands.
op thiscovered math but is not quite there yet
percentage change is locked at the price i bought the coin. if i bought the thing at , and it goes down , then it is down 15%. if it goes up , then it is up 15%. the market position or percentage change is irrelevant. all that matters is the percentage change in the value of your portfolio. that is why you have averaging down and dollar cost averaging. who cares if the market is down 80%, as long as your portfolio is up from it is original investment, then you are green in the money.
i see bullshit, i downvote
bro lmk what kinda shit your smoking cuz i need that
this is fud. just buy and hold.
look at you with over 6k upvotes. your reverse psychology worked on these mormons!
stupid semantics that only serve to needlessly confuse people.
that does not make any fcking sense
just lose 100% not to worry about anything
wtf? market is asymmetrical? and you get 7k upvotes?
it's pretty obvious if you use fractions instead of percentage. if it drops to 1(50% remaining, 50% drop) you need multiply by 2(200% total, 100% gain) if it drops to 1(10% remaining , 90% drop) you need multiply by 10(1000% total, 900% extra)
yea but the overall all market cap lose is the same when it gains right back
could you elaborate on how and why the market is asymmetrical? first time i’ve heard this idea
if you’re at 90% loss stop gambling
your technically right, but what your saying doesn’t mean anything lol. whether math says it’s a 90% loss compared to a 900% gain, it doesn’t change the probability or the weight of the difficulty necessary to recover from your losses.
the question on everyone's lips is, so what?
op, you’re wrong. i mean, you’re right… but you’re wrong.
i do not feel like this post was productive. putting it in terms of percentages only caters to a negativity bias. the only true gain or loss happens when you sell. u. don't let number formatting freak you out.
it's not that market is asymmetrical, it is that you need to know multiplication and not just addition. of course, that would be too high a bar for participation in trading.
friendly reminder that you do not actually derive any meaningful value out of this fact. if you sell at a loss because the only number you looked at was daily % gain while remembering your previous % loss and then thinking you're even, you need to pull the crayon out of your brain. op is full of it. look at pretty much any chart and tell me how much "worse" it is to go up than down. p.
get this math out of here!
9k upvotes for a badly worded and misleading thread... enjoy the moon's i guess
bitcoin would have to drop down to 3,500
i only buy till it can buy me house no price check no worrying
if you lose 90% of 10k but invest another 100k you only need to gain 10% to end up in a gain. simple math, op game is weak.
i d.c.a so i dont worry.
oof. i hope that this silly garbage fud post is not considered great advice fer newbies. either you're a paper hand, a misinformed user with duning kruger or a scammer trying to get people to buy even more. to everyone: please downvote this into oblivion
fud. this is called fud.
wat. 100-90 = 10 10*10 = 100 that's a 10x gain, 1000%. in other words, if you go to 1. how is that not symmetrical?
same anecdote, hodl... or cry like a little bitch. me, i just buy more
so you're saying if everything dropped 90% percent, we can expect a 900% gain if we buy that dip. nice.
thats what you get when you do not listen to your middle school math teacher.
why is this upvoted? how is this insightful to anyone? anyone who has passed middle school math knows this.
but also, if something goes down 90% and you double down, buying the same dollar amount as before, your cost basis would now be way way lower
yeah, but a .50 loss in value needs to recover a .50 increase in value. whatever the percentages say, the amount lost is the amount that needs to be recouped to break even.
you accurately described math yes.
depends on what youre measuring the percentage of. with speculative buys people tend to measure the percentage of what they put in. if youre down 90 percent, you need 90 percent of what you put in back. youre right though an individual litterally has to go through 900 percent gain from the moment of the loss to the moment you break even.
right, but wouldn't i need to actually realize a 90% loss to have to climb that 900% hill back up? if i just sit through the dip, the nothing changes for me... i dunno why you would sell at a 99% loss anyway...
i am dumber after reading this post
invest in pumpkins! the prices seem to surge around october. i'm planning on selling in november or december. i have a feeling pumpkin prices will moon around that time. not financial advice.
this is the truth. it really hurts and takes months to turn it around. start by being patient and waiting for the actual bottom. from there buy 1.5x original this dip isnt finished, dont fomo or chase the price
do most people really not get it?
it's only a loss of you sell
the timing of this post is beautiful
that doesn’t mean anything genius. shove your basic math up your arse.
also a friendly reminder that all our portfolios are deep in the red.
did anyone lose more than 20%?
are we talking about icp ?
as a public high school diploma holder from the usa, i can say that not only do i have no idea what you are talking about, i'm quite convinced that you are wrong! my feelings have spoken.
just a reminder how math works.
where are the red and green dildos for me to understand this?
this is true. a way to hedge this is by dca’ing after the loss
how can someone not get this? you have 500 and the market crashed losing you 50% of that 500. so that means that now you only have 250 and for you to have that 250 again, market should gain 200%
and if this is news to you, please take another friendly reminder. don’t put in what you can’t afford to lose.
i ain't fk'in selling!
how is something basic like this getting upvoted so much? i do not even see people mention the market is "fully" recovered after we have some gains after a dip.
the market is not asymmetrical. if you do not understand how percentages work then yes it is, but if you do not understand percentages just work in absolutes i.e. . if the value is 100 and it jumps by 20% you get 120, a 20 gain. if the value is 100 and drops by 20 you get 80, a 20 loss - symmetrical when from the same point starting of 100. of course 20% of 80 is different from 20% of 100 or 120. so it is not asymmetrical, a 20% increase on 120 is 24, so you get *more* when it has gone up from the starting point, ergo, it is symmetrical. if you do not get this then just buy and hodl and you'll be fine in the long run.
this is one of the stupidest posts i’ve seen in a while. yes of course the % changes relative to their end price, that doesn’t mean the absolute difference changes.
if i lose 50% of my dog shit i’d need 100% gain on the dog shit to get back to the same amount i had before… the dog shit market is asymmetric lol that’s got nothing to do with any market you’re just articulating how percentages work at a basic level…
explanation: you have 100 ckb goes down 90% then you have 10 100 - (100\*0.9) = 10 ' if market goes up by 90% your 10 10 + (10\*0.9) = 19 ' so market has to go up 900% for you to get your 100 10 + (9\*10) = 100 ' so you should sell all your crypto because you will make massive loss and you will never ever recover unless you have ckb, which will go up by over 9000% anyway for sure trust me bro 😘
i love to hold my crypto
yeah you're right but in may when i bought ada at ath and it dipped -60% but i hold and it recovered and i was actually in profit, you will do well if you buy in -90% or just simply hodl.
elon please send a tweet god damn!
math... these... are the examples i'd use if i were a math teacher. i've never used y = mx + b.
sure but a 5k loss only needs a 5k gain to break even, same goes for 10k and even 20k
okay so let’s create a hypothetical scenario using this frame of thought btc currently at , crashes 90% to 4.2k a 900% gain gets btc back to , which over a long term is bearish. not sure how many bears i have to fight on here though i’m sure many of us are sticking around long term.
one doge equals one doge, sir.
you have some serious math remediation needs.
this is why if you want to be really rich, you need to take calculated risks and try to time the market. cryptocurrency already has too large of a marketcap to expect 100x return from just holding.
no, i downvoted because a) 'the market' is not assymetrical. and b). this is the same regurgitated shit that gets posted 10 times a month.
what a worthless shitpost. please ban "friendly reminder". this guy is farming moons with highschool math.
hahhaha, that is just hilarious how many times i've seen this, and still did not learned it. just got to fill my bags with crypto, i just hate fiats.
thank you so much for this. this was my 13th reason. goodbye friends
this is the dumbest post i've seen here. i'd rather read a 'i lost it all and left my wife' post
but if eth was at 4500 drops to 3800 and comes back to 4550 the next day, it dosn't matter what your percentages are it is still technically at the same price it was before.
i do not understand how this logic applies?
ok i do not know anything about the market but if we start at 're back at 're even. i do not get what the op is saying because it makes zero sense.
it scares me that people do not know this simple fact in this space.
i'm buying more coin before the banks. that's just me. another ship came to aid us. sadly some of the crew are in the med bay. i'm surprised the ship is not taking on too much water. different ships flying xrp colors and cannon exchanges. moving to a cove to re-arm. later mates.
what i really need is to uninstall my exchange and wallet apps for forced diamond hands.
sounds more like a friendly f u
1 coin today is 1 coin tomorrow.
damn the shit they don’t tell you until it’s too late
crypto says “challenge accepted”
it doesn’t matter if you didn’t sell?
when the inevitable shit storm hits there are going to be many that are financially ruined, holding on simply because “it went down then back up before, 2018 blah blah blah”
the goal posts keep moving, coach!
this is the kind of autism i need in my life. keep up the good work
you are not wrong, but i had coins do some crazy loss numbers after 2018 and they still made it to profitable at 3 years.
this right here. i do not think people always realize this. it can go up exponentially but not down more than 100%
>you would need 900% gain to get back to breakeven instructions unclear, dca'd into terrible coins to breakeven sooner...
time to sell! am i late to sell everything?! i want to lose 20% in taxes too. is there a better way to lose even more money on best investment i got so far?!
there's blood in the streets and i'm splashing around buying the dip.
losses and profits are notional until you book it
me when basic math
not if you hold and buy more
why would someone downvote math? 🙄
but if you average down then it’s not as bad
if you don’t sell you don’t loose any money how do people not know this by now
yeah pretty sure it is called volatility decay
ok, i'll try not to look at percentages anymore.
if people do not know this already... you're in the right place my friend!
what about a 80% loss
and 900% gain in crypto world is happening at a weekly basis
glad i’m not down 90%
people who have no intent or patience to hodl their coins during dip should just stay away from investing crypto altogether.
don’t leverage unless you’re prepared to get burned is what i’m taking away from this
yes, but if you lose 10% 9 days in a row and gain 10% 10 days in a row, you will come out ahead (by 0.487%).
except what they really mean is that if they bought at 100 and it drops to 80 and they hold back to 100 they are back to even. relax people are looking at value of the asset not the percentage rise, they are just expressing themselves incorrectly.
i got nothing but time.
only if your paper hands sell. diamond hands are immune to these stuff.
this is why i've been in the red since may despite doing some things right like having a bag of ada through august's pump.
you forget we ain’t the smartest people in the world. we just buy high and sell low till we got no money left
its only a loss if you sell and if you buy the dip you shift the odds in your favor i bought in at ath followed by a crash and after that dip im still at a profit.
um, yes that is how it works. i'm afraid we will have to use... math.
what if you keep on throwing money in even though it keeps going down
and what if you're already in 1000% profit then...
i see posts like this and i think "oh, btc must be down a whole lot", then i check and it is only down like 9% or whatever over 24 hours...dont get me all excited about a dip like that.
this is assuming you stop buying all together
these kind of posts only instill fear in people. stop the fearmongering and let the people ride out the waves in peace.
this was not what i wanted to hear
i dont know anymore im just hodl here.
all my sol is into nfts so i'm fine as long as they sell when people wanna spend sol again
dca and dgas (don’t give a shit)
i think he wants to create panic selling. but we only loose if we sell. if we hold, we do not lose. panic people lose.
this is why i've always liked the short hand of .5 or 1x you know? .125 or 8x. its just the reciprocal (eg 1, so .25 is 1/.25 = 4) that way the missing zero does not leave it so asymmetrical looking. i tried doing "today" as an example but it changed so i give up. so here the same problem said a different way; \[*35,000\]*\>\[*(35,000\*0.9)\*1.1*\] *35,000>31,500\*1.1* *35,000*\>*34,650* :d
i'm too smooth brained to compute. buy and hodl
it’s not asymmetrical though. it’s still zero sum. you make it sound like we’re getting scammed by the market.
yeah math genius with zero life skills why the fuck are you posting this
i concur. i still have the same amount of coin cus i’m hodling. no loss here lol
your maths is legit! i love legit maths.
math is hard so hodl
so we'll gain 1,000% then. is that what you want?
how is anybody’s portfolio down?? you only bought once at the top?? you haven’t held longer than 6 months?? what’s the deal?
yep did not sell either. spent some eth on concert tickets though :)
i'm always confused in this sub. everyone seems to think crypto is the future, but then all i see is whining about what crypto is doing against the dollar. why do people care? you bought crypto. if you believe in your projects, what it does against the dollar is irrelevant, no? you still have the same amount of crypto. too many usd investors, and too few people with mindset to actually convert their life to crypto.
damn math is crazy.
so buying the dip is profitable?
the gain. so if you're comparing day 1 and day 2, day 2's gain, but when you go to compare day 2 and day 3, the gain. day 1: day 2: (loss of 40%) day 3: (loss of 66%) day 4: (gain of 200%) even though the dollar amount for day 2's and day 3's losses are the exact same (), day 2's loss is a percentage of day 1's price () while day 3's loss is a percentage of day 2's ().
i mean, can’t you just look at the chart and if it’s back to or higher than it was before it started to go down?
i'm riding this one like its the bus that could not slow down
just keep calm and stay put ... but if you gotta sell go for it nobody should tell you how to use your own money.
ya'll looking at percent changes? look at the value change and you know exactly where your at and how much you gained
i keep the chart next to my screen...
never sell is the answer 🙄
yes but there is only a 100% loss, but when going up there is infinite gain. so you can buy using , and can only lose , but the best part is ,000 or ,000 or ,000. i would rather bet on an infinite gain with only a 100% loss.
this is peak fud.
all the dipsshit posts getting awards and upvoted
all of the comments attempting to refute this make me very, very sad.
wow my mind just got blown. how did i not realise this
got it. 1 coin = 1 coin. smart.
crypto has taught me that a lot of people are bad at math. some "investors" cannot even solve elementary school math questions. ("i bought 1000 doge at 0.04, today i bought another 2000 at 0.2. how do i find my average price?")
lose. i do not know the meaning of the word.
wut duz %15 lost mean? oh my.
everyone here does not cash out
i’m lucky, the sec has me in a forced hodl on my xrp, big brotha looking out….
you lose nothing if you do not sell and wait for it to recover so this is wrong
"what's a loss?" - celo investors right now ;-)
so your saying there’s a chance…
this is very true, thanks for the reminder,
friendly reminder crypto does 10000x
it is hilariously sad how many people do not understand this.
only if you're a weak paper-handed simp
that is why you double down in gambling
luckily, i have never been down 90%. holy hell that would be horrible. 20% maybe.
bruh, i just look at my net. 🤷🏾‍♂️
a friendly reminder too; if you're invested into a solid project and bought the top, chances are it will pull back long term or in the near future. averaging down really helps.
good thing i sold at a loss
it’s the same amount of money.
friendly reminder to buy a coin that is 90% down if its not a shitcoin of course !
that's why we dca and buy the dip.
most alts already need 50% or more gain to get back to ath now.
i'm just mining in 3rd world country. adding like 25 dollars worth to my portfolio every 7 days. its not life changing but it am not chump change either. this rise and fall wont make a difference till i sell. which i wont do till the next market cycle. yes i'm gonna hold for 4-5 years at the minimum. if i can double or triple my lowly investment now i'll be fine in the long run. its just patience for me.
this reminder was not friendly at all...
i thought this was a motivational post about burnout lol i need a vacation
if there’s a 90% dip, i might finally get a chance to own a whole bitcoin.
hold the line. wall st and central banks everywhere want you to sell.
yea and that’s why you dca and buy and hold my g
buy the staked coins at the dip, bring down the average of your staking price.
say even one more time...
yes but you fail to mention you can only make a loss once you crystallise it by selling, everything else is just on paper and means nothing. the only time price matters is when you sell and buy...the rest of the time it is virtually meaningless.
okay, you are correct as the retirement miracle points out this same metric. it’s the number one selling point of guaranteed principal products. but .
for these same reasons though, its so powerful when you buy 10-20% dips (and obviously 30-40-50-60-70% dips also...).
the same is true about gains
this went over my head
this is a depressing fact. still holding and accumulating while things are low.
good time to put a little more coin in your wallet!
it’s not asymmetric, you guys just don’t understand how percentages work.
buying at 90% price drop gives much better chances at 900% returns... if it not a shit coin of course
statistically, you are right, but who really cares about the % when your lambo is coming (bull-run) or when your house is burning (dip). i know the money i have put in, it is still at +, i have a stop loss just before it goes -.
i’d be upset if i could do math…or read…
thanks, fellow investor! what a great reminder that investing is risky, and if you do not do your maths right, you could lose your house, your wife, your dog -- even your amazon prime membership with free grocery delivery! you should definitely sell all of your virtual money before that happens!
yes, but +900% is not a bigger move than -90%. it’s a larger number, but it represents the same amount of change.
these are some big math numbers
if you don’t look, there is both a dip and a spike. schrödingers crypto.
but buy high sell low right ? 🤔🤔
yea but 90% loss today, 2000% gain tomorrow. you feel me?
soo all this to tell me to buy the dip?
only if assets are sold during a drop.
what’s *actually * happening with the numbers is not asymmetric. it just looks that way to an innumerate person when formatting the math using percentages. using division and multiplication instead makes that obvious. e.g. = = the divisor and factor are the same number. op isn’t without a point, but it’s only relevant to those who don’t understand what a catastrophic loss e.g. 90% is. but a lot of people may infer from this that it’s somehow harder to climb back to the point before loss than it was for the loss to occur, which isn’t necessarily true at all and entirely depends on the real-world context.
instructions unclear, bought more eth
this is irrelevant. one should not strive to recover percentage wise, but rather to hold until the market cap of a coin is as it was or higher, which is always linear.
you literally cannot lose money if you spend your whole paycheck and never sell😅help
great maths.but cannot guess if you are right or wrong .
i set my portfolio tracker to always compare average buy price to current price. so daily up and downs are not confusing to me.
just don’t look at percentages and look at the actual . bought at ,000 and it’s now at ,000? you’re good. bought at ,000, and it’s now at ,000? you’re not good, and it’s your choice to sell or hope for a recovery.
this happened to me in 2018, took 3 years to get that 900%.
remember folks, stop loss is your friend, way better to lose a little now than all later.
just invest in solid projects, then you do not need to pay attention to charts.
just zoom out man
it’s only a loss if you sell
i like it the other way too. market gained 900%! im rich!… later, market dropped 90%, oh well now im even
so what you’re if is that 20% of a smaller number is less than 20% of a bigger number. mind blown.
so you're telling me there is a chance.
tldr - did the math
this is why you buy the dip
people do not understand it, and they call it the black magic fuckery of numbers when this was raised up at least one previous time
i like your post but some illustrations.
instructions unclear. dick stuck in toaster.
you can make math look any way you want it. say ,000 is my goal price. -% more. now the price dropped 10%, now i need 55% more. now it rose 50% and i need 32.5% more. see how confusing it is. i like to go off my initial investment. i personally am down 2.5% of my total investment. not too bad.
lol are not you a ray of sunshine
yep, this killed me during the may dump. i lost around 50% of my portfolios value, which would require 100% gain to make up. i've still lost more on crypto than i've ever gained. no joke, i was in the green for like 2 days, then the big dump happened and i've been in the red ever since then. i've been dca'ing to bring my average price down, but still cannot seem to break even.
‘the market is volatile’ sounds a lot better.
and a friendly reminder that average buy price = total usd spent ---> buy 10 at 100 usd each = 1000 usd = 100 usd average buy price, then price drops 90% so its 10 usd per coin ---> buy 100 coins x 10 usd = 1000 usd + 1000 usd ---> average buy price now = 18 usd --> price goes to 30 usd and bam 66% profit
similarly, when something faces a significant drop, you're better off acquiring more more at the low price so that the recovery does not have to be so steep to earn profit on average. in other words buy the dip. (or just dca)
i’m not sure what you mean when you say “loss”. i just checked my balance and i haven’t lost a single coin.
this should be common sense
if the market is asymmetrical in any direction it is to the upside
well you're right but your explanation sucks xd it's just basic math, people just forget that the initial value changes and so the percentage gains. lets say that we have a value of 100k, on day one it drops by 50% so it becomes 50k then next day the value (50k) gets an increase of 50%, so it becomes 75k
you do not loss if you do not sell eheh
that's why i calculate my net profit
yes, sadly many do not understand that. in fact, the politicians in my country count on that, and people believe that after having a 10% fall a 10% gain is break even (you end up with 1% lost, which for a gdp is a lot)
wow this thread is so confusing. now i do not understand anything at all.
how many % do you need when a coin goes to zero after a rug pull?
doesn't make sense to put everything in relative terms. if you bought at 100 and it goes down to 50 you are right it is a 50% loss and would need a 100% increase to recover. still it is only a 50 dollar move down from 100 to 50 and it has to recover by 50 dollar after the loss. the 50 dollar stay the same. no need to make 100% increase needed out of this...
thanks for the intel, very interesting for my moon tactics.
now this is an informational post. i would have never got to know this by myself. thanks op for posting this
so buy you say?
the metrics on currency itself show a bottle neck up high whereas you can always add a decimal place on the low end of things. that’s not finite gain and infinite loss, but bad news can cause a 90% drop whereas good news would never make a stable security go up 900%
seems op even dumped all of his moons, he must mean business lol
point taken. fair warning however, the market is not asymmetrical. your two loss and gain percentages are 2 entirely different numbers. calculate both in the same manner, with respect to the same point in time, and its perfectly symmetrical. its your definition of loss and gain that’s asymmetrical.
this is the wrong way to look at something. if something dropped 100% what % would you need to get back?
i guess you have not heard of cake. cashed out my investment and still have more coins than i started with!
don't know why the same meaningless crap gets posted again and again with up votes
always put your spreadsheets in absolute values
asymetric means two halves that are not the same. i thnik what you described would be reciprocal.
i ve learned it the hardway with stock. in crypto it s more hellish
> you, and i'm good with that win.
so you are sayin buy low sell high and not buy high sell low? easy.
oh no so if what you are claiming is true, then if i have a whole apple pie and eat 50% of that pie i have half the amount of pie i had before. but if i then want to have a whole pie again i need double the amount (+100%) of pie of what i currently have to get that full pie again!??!? this must be some advanced math.
great post ... percents, how do they work? ... also logs
on the other hand the maximum lost is 100% while the gains are lambos.
too much adoption to drop 90% !!!🍕🍕🍕🍕🍕🍕🍕🍕🍕
you deserve downvotes for inaccuracy actually. womp womp.
lets buy those thiscounts!
common core math strikes again
>people are going to downvote this because they have so much at stake, but it would not change the fact that the market is asymmetrical. this is literally every gold, y, z sub on reddit, lol. sunk cost fallacy + group consensus about that > > > facts and reality, bro! you're spot on.
math was cruel as a schoolkid, but as a crypto investor it is satan's anus, coated in da'bomb hot sauce and your full time job is to rim it.
why? what makes the market asymmetrical?
i invest only money that i am ready to loss anyway. it does not matter for me.
i think crypto people tend to think in terms of absolute price rather than percentage anyway.
you can be up by hundreds and thousands % and still not yet financially free. it take them only a damning 100% drop to make you broke.
what is the opposite of hopium?
the power of math is a useful one to acquire
how is this difficult to get? it's basic math
and this is why the "4 year" bear markets are so painful...
so double down. 10x gainz ez🤔
eth only down 8% over last 7 days. what’s the issue!
not if you buy the dip of the dippity dip
are you talking about shares? because if you have bought the actual coin, the price is not changing. you have 1 btc at 40k and you will have again 1 btc at 45k
we're also talking about financial instruments that gain and loose value by orders of 1000s of percentage points in monthly time frames. these are new times. crypto breaks all molds, including ones where you choose to apply daunting math.
not to mention most alt coins actually will go -90% to -99%, bear market will be painful
i just remember how much money i put, and how much money it is right now. my brain is too old already to understand percentage of loss and gain
this time last year, eth was ~.
that‘s not friendly at all.
and if you sign up for my sat, you'll hear this from me at least 5 times!!!
aren’t you the mathematician, the number man.
if you did not already know that, you probably should not be trying to trade in crypto
also, 10% gain followed by 10% loss, still overall loss. (of 1%) 10% loss followed by a 10% gain, no difference from the above and still overall loss. (of 1%)
need to share r,
you're a numbers guy, b
100 % loss needs god
it’s a hard game without dcaing!
a friendly reminder that 90% drop would not happen again! maybe your shxtcoin, but not btc.
what's that?? i cannot hear you over all the yelling my wife is doing, telling me to buy more!
you make it sound highfalutin by using the words market and asymmetrical. dude, it is not confined to markets. that's just how percentages work. also, doubling or tripling or whatever, when it is already gone to much higher levels before. and knowing this is a macroeconomic event, not specific to cryptocurrency, much so with a specific cryptocurrency, it is not that hard to achieve. it's up to the fundamentals of the specific blockchain once the dust settles. go downvote
you should go back to math class dude
i get it. but i think of it in coin price anyway. just me?
is this why it’s easier to play shorts?
this is irrelevant logic. the market cap needed to grow is the same. the percentage is higher only because you count it from a different base
came here for the downvote
if you do not sell, you loose nothing.
if you don’t sell, you still have your crypto 🤷‍♂️.
that's why you dca. if you want to invest 10.000 and you invest 5k before the 90% drop and 5k after a 90% drop you "only" need a 90% gain instead of a 900% gain. if you invest in 1k tranches, and it drops after your first investment you only need a 10% gain to break even.
got it buy more.
so if i buy the dip, and the price goes back to the same level, my gains are more % than the loss was! thanks, just bought 100k.
congratulations you know 5th grade math and so do 4.5k other people apparently 👏👏
and this is y i lower my average when my coins r down, or add to my coins, so i have more of them,
that's elementary maths and everyone should know the basics edit: going 20. now percentage will say you got 100% rise from 10. it's the % that is asymmetrical not the gains .
well don’t fucking sell and you won’t need a 900% gain
what about the 1mil percent loss that my moonshitdogeibainuelon has given me mate
mind your damn business
i'm surprised you weren't down voted to oblivious stock and crypto reddits seem to not understand this at all... it is so obnoxious hearing them not understand simple math
>trying to tell sunk cost fallacy andy's that putting more money in ponzi's is bad
this has to be the most stupid thing i’ve read in a while
this shit keeps getting posted and it is pretty dumb haha. thanks for explaining how percentages and relative numbers work, but there is no actual insight here.
wow! so that shit that we were taught at 5h grade actually is really useful! who would have thought that!
i still don’t understand, i’m also new to crypto btw. i have most of my money involved in crypto assets. would you be able to explain more please?
and after investing in req in 2017, you would need to win the lottery to break even.
yea a lot of people forget that. in the beginning i did not even realise aswell
glass half full kind of guy.
this is why it takes 10's day to go up and just a second to down... thanks
lol, this is exactly what came to my mind yesterday as i was walking the dog out. i mean, i knew it already, but it the thought came as "fuck you, think about this shit!"...
its only really bad when they pin the suicide hotline phone number to the top of .
... yes that is kind of how that works. lol
not if you keep buying.
it's just math, it is not about the market being "asymmetric
i remember the day i first realised this…. i do not speak of that day haha
bought btc i've lost +100,000% i'm really thinking about taking this loss and possibly crying in the corner.
you get a lot of moons for explaining basic math on this sub it seems...
ok, but i thought crypto only go up?
sometimes you just gotta buy and take one for the team
the professor : that’s where dca come in.
so if i buy 1% drop do i end up at breakeven when it returns to pre drop? asking for c.r.
you bought some shitty coins if you just lost 90% during this dip. 😄
what you mean loss? if you do not sell you do not loss and all your math becomes a moot point
reminder not to buy shitcoins…
you and your math.
that is why you buy more of your shitcoin at a 90% loss
however, if you have two assets with equal weight, if one goes down by 90% and the other goes up by 90% you will be breakeven.
after reading the article they’re subhuman
i genuinely do not get this. i am thick
you wouldn't lose if you do not sell 🤷‍♂️
don’t they know how to look at value too?
this does not sound friendly to me
i am new to this. can you tell me where should i invest right now? i have around 300$
maybe it is because this sub seems mostly us based, but i really do not (want to) believe that "many people do not get" basic mathematics and percentages that you learn in 5th grade or something. we are truly lost.
needing to explain the basics of geometry probably sums up the intelligence of this community.
so you're saying there is a chance?
math don’t fuck around
that’s why i bought during the dip. boosts my average.
true. but the absolute sum is still the same. 1000 dollar down is still 1000 dollar up. same same
got it, bought the dip
yeah they should just give up and die. much better plan
you cannot have losses if you never sell. [*taps head*](
use a logaritmic scale whem the gain or loss is more than 10%. for a loss of 0.9, the gain needed to breqkeven would be 11%. in log scale the loss would be -0.105 ans the gain 0.105, so they effectively cancel out. as you approach a loss of 100%, thw log becomes -inf, signaling a position that is impossiblw to recover just by holding.
and after the hypothetical 100% loss that someone posted a few days back?
don't work with percentages, work with numbers. problem solved.
why put this evil out in the world?
these numbers are insignificant to a hodler!
maybe i’m missing something, but i bought at .2 and it’s worth over 2.00, so am i still at a loss?
sold all, gl yall we at the week we crashed 2017.
100% gain needs 50% drop to get even.
unless you buy the dip, and lower your average price. bought 1000 and loss 90%? buy another 1000 during the dip and you just need it to go 182% to get all your money back. it usually bounces at least 300% a few weeks later. dips are your chance to buy for cheap.
i've fallen and i cannot get up!!
this is beyond stupid. let me say the exact same thing three ways: 1. if a number goes down 99%, it would have to go back up 10000% to reach the same number again! 2. if i divide a number by 100, i have to multiply the result by 100 to get the same number again. 3. if i subtract 99 million from 100 million, i need to add 99 million to get the same number again. how has anybody involved in investment of any kind upvoted this post or given it any attention. it’s like a sixth grader who just learned how to do math with percents. this guy also clearly doesn’t understand market cap.
1 bitcoin still is 1 bitcoin.
if i buy doge at 0.3 and it drops to 0.2, i would get even when it reaches 0.3 again
friendly reminder that you can achieve a 900% gain in a week
for people that cannot grasp it, just take an imaginary chocolate bar. eat 90% of it. the 10% left, 90% of that would still be miniscule compared to the 90% you ate. now how many of those tiny 90% (of the 10% left) would you need to make another chunk as big as the 90% you ate...
what does that mean? 🥺
this is where you are wrong dude, i always dca
sold the kids, pets and house...let us do this!! or maybe i'll wait a day...
on today's news "people do not understand basic maths"
this is stupid. if you bought 2 coins and one dropped 100% and the other gains 1000% you would have 500% gains.
what about a 200% loss?
why the fuck do idiots try to give financial advise
that's why i have my charts in log(x).
this made my head hurt. i'm just gonna keep buying the dips
so you are telling me there’s hope 🙄
comparing loss and gain in percent. this sub sometimes makes me wonder how degenerate we really are. if btc drops ,000 you need it to rise ,000 to get back to breakeven. surprise!!!!
thats what makes cda so powerful in highly volatile markets
i always knew the charles was katretrikal.
gtfoh with your math. we do not do that here
this is why market cap is used to judge the price of an asset and not usd price
today is my irl birthday. i wonder what lovely boons the crypto gods will bestow upon me today.
if it goes up it i still go green.
all i’ve ever done is buy in big only when everyone is hurting. it makes going into the red three months later much harder to do.
no it’s not. it’s just math. you are using math as a weapon. it’s moronic.
not if you buy the dip
yeah, percentages are relative, what's your point?
sorry , math doesn’t help me. why with a 50% loss you need 100% gain to breakeven?
im always at 90% loss irrespective of the market
i went from high 2400’s to 2200 which is still way up from when i started at like 1300
i would argue that if you do not have an intuitive feeling for this sort of thing, just get out. forget stocks, crypto and whatnot. it's not for you and you're probably going to lose money.
it's not a crash til i see the suicide hotline number.
that’s right. the good news is that you can buy more after the drop to improve your average purchase price. spend > lose 50% > spend another , you now only need to gain 33% instead of 100% to break even.
is the market up 20% today?
you cannot lose if you do not sell. in all seriousness, thank you for clarifying the point, op.
yep wait until the market is really done going down, will take a while for this china shit to work itself out. avoid investing in a falling market because it’s like catching a falling knife.
i too am also big brain
i’m so stressed out i’m not breaking even on my ath that was 3000% gains to begin with lol ima hodl.
lucky for me, as you said, im poor. so no worries, i cant lose much. *-cries in spanish*
im too poor that even if my portfolio gain 10000% im still poor so fud and bear aint doing shit.
right now "buying the dip" is like catching falling knives ... gonna make you bleed a lot \- jason pizzino
noone is that stupid lmao... except americans maybe... since they think 1. anyways... no mather what, all good coins will grow in the future. if i compare my money now and with a year ago i still got much more now, even after the dip. btc will hit 100k for almost 100% and every single not scam coin will pump even harder.
pretty sure you messed up on the math there. i get the point but your math does not add up to that conclusion.
it depends when you got in. for example, i got in raven at .07. i sold my initial investment when raven soared to .14. i only have house money in raven right now. so, technically, i broke even when i sold.
yeah but at 90% loss what's another 10%?
i need a few 900% gains
>the market is asymmetric what does that mean?
your sentiment is true on percentages but if the market drops by 1trillion then the next day goes up by 1trillion. we will be in the same spot minus coin inflation. so percentages make this look like a problem when really the same amount of money has to move. you should probably update rather then spread fud.
congrats! you understood percentage. proud of you son.
yet, stock market always recovers all it is losses and makes new highs...so who cares?
\*shiba inu enters the chat\*
is there a calculator someone can recommend for something like this?
this is why i dca.
exactly why you don’t over leverage
if you got in projects very early you never loss anything yesterday i got in ada 30 cents pokadot 10 dollars and other projects early so i am still up alot.
you can probably make a +900% comeback with crypto, provided you have balls of steel! ;-) glta!!!
100 down 20% = 80 80 up 20% = 96 80 up 25% = 100
this is just way too much autism for this early in the morning.
will someone give a million dollars in doge coin? i’m so broke.
lamb is or food stamps
now that's a dip!
but let us be honest, we all would have bought the dip at -10%, -20%, -30% and then stopped buying more dip... waiting until 90% dip to buy is the true diamond hands.
thats how math works
all the cool coins were down 90% in 2018.
math's stock price after this 📈
anyone wanna cook pure crystal meth in an rv in a desert with me?
who cares! i just put money into my portfolio (in voyager) and buy things. i do not care what the price is. with any luck i can make a few bucks each month and that is still better than stupid bank returns.
come again? can someone explain this more in depth?
how much do you need to gain back after a 95% loss?
yeah that’s how percentages work.
just here to say the function x/(1-x) as x->1 is more than exponential growth. it reaches an asymptote in finite time.
buy the dip and hodl
i honestly think that if people do not understand this simple math, they should study more before entering the market
so if i bought a coin at 1 dollar it drops to .50 but goes back up to 1 dollar the next day and i breakeven.
>market is asymmetrical science b\*tch ! (or just a 5th grade math)
i do not get it.
you do not lose if you do not sell.
let's suppose a 90% loss and a 900% gain were equally likely. then the average return for a dollar invested is (10+.1)=5.05 which is 405% gain. hence why volatility is actually a good thing for investors. most investments are modeled as an exponential random walk with upward drift so it does indeed make sense to assume 90% losses would be balanced out by the potential for 900% gains. the only real problem is if you invested everything into something which had a 90% loss. if you diversify you get the law of averages on your side and do not have to worry as much about this scenario.
yeah and of course in crypto we go up over long periods of time and then down quickly, so the down days are literally felt up deep inside our butts
how much money from mcap is left, the exact same amount of money needs to be returned, so it can reach the same price…
i'm convinced buy buy hodl for 1 decade maybe 2
i think you should stick to your day job
sell buy low sell buy buy
replace all your percents with multiples (10x, 5x, 2x, etc.) and all of the sudden the market is symmetrical again. or think of it this way, if the market drops 100%, you need an infinite percent gain to turn the now worthless asset back to the value you bought it at, but clearly an infinite percent gain is impossible, yet somehow it got to that price from zero before you initially bought - so your model is flawed.
i'm still up from my , wavering around . still poor. come on shib!
if i go -90% ima just delete the apps and forget about it. why sell at that point it’s already gone. so i’ll just put a reminder on my phone for 4 years and come back then
friendly reminder that this is not actually relevant. if a commodity loses 100 dollars per unit in value, it needs to travel the same thistance to get back to where it started.
take a 90% loss and that leaves you with . then take that % gain and you have... . ummm...
most people here are kids. they probably haven’t studied percentages yet.
it's why i'll never become rich. i have paper hands and i always sell low, and end up buying high. literally.
lol… i feel this post is for people who have literally no clue wtf they are doing. sad to see so many upvotes.
it’s your own fault if you don’t wanna dca.
sell the bottom to claim the tax benefits. after 90% loss, chances are you can get money back from the government that is more than your current crypto coin is worth. double up and when you get back to 'break even' on the first buy, you will have double.
i spent a lot of energy one time trying explain to a guy that a 50% loss then has to go up 100% to break even. could not get him to understand. gave up.
this message is not very complete if you have 50% profit you only need a 33.3% drop te be break even again. and if you have a 100% profit then you are break even with a 50% drop.
out of curiosity, is there a mathematical formula that solves for the gain you’d need to get back to even for a given loss? i’ve always wondered about this but i don’t maths good enough i suppose.
actually i did not lose a dime yesterday because i was still up from the week before. on top of that i did not sell and still have all my tokens. you do not lose money until you sell. neat answer though. i was actually thinking about that yesterday
number one rule for investing is do not loose. don't worry so much about the big gains but protect yourself from major losses. better to get stopped out at 2-5% than wait through a 2018-19
just simple maths really. if people don’t understand that then that is on them. but it also doesn’t take into account buying some extra back in at the low end- which can cut down that drastic increase required to get back up. if you go all in and think it will come back. 🤷‍♂️
yes... that is how percentages work. this has nothing to do with the market.
time to buy more vet!
no it’s not. it’s just multiplication.
so your saying shib is a good buy
buy and hold or take profits?
you're thinking about it completely backwards. if a coin goes from % loss. but if it goes from % gain. this is exactly why buying the dip works so well. markets never stay still. they will always go up and down. you would not always pick the right things at the right time but in my experience those gains from buying the dip tend to offset the losses. when the markets are down, you get a lot more coins for the same amount of fiat. dca works. don't overthink it
not if you buy the dip, scrub.
my xlm investment was not the smartest move back then
that's cool. i had a 90% loss and then went over six figures. from 90% loss to over 100x. you do not see long term investors crying. just quitters.
i fuckin lost 90% when i used liquid swap on pancake swap. haha i fucked up
explain please, i dont get it
conversely, a . a .
if ya buy the dip ya don’t need it to go up 900%
or just more money on the side to lower your average. invest 10k and lose 90% of it, put another 10k on the low, now you only need a 100% to get that money back never go all in.
or you can just mark the price you bought it at and go from there.
why? if your down 20% and then back up 20% how are you not even.
but that is only once you sell at a loss
what if you’re down 61.7%? please do the following maths op down 40.6928% down 69.420% down 7.12837% my dick is asymmetric
this is certainly true, but this is also just describing how percentages work. if a coin is worth ,000 and goes down to ,000, it needs to go back to ,000 to break even. this does not change.
lol things ran over a million percent this bullrun, i piss on 9800%
grab a book; it will be a while!
easier to just dollar cost average
you try timing the market asshole. i'll take my losses.
who cares as long as the coin gets back to a higher oeice than you bought. all the successful crypto projects have gone through this phase.
don't really understand that logic. if i put money in and then it drops and comes back up to the point i got in. if i then sold i have lost zero money. the only thing i lost are potential gains. or does my money magically become less even though it is the same number?
exactly... because it is all a pyramid scheme crossed with gambling...even crypto
oh wow, percentages... nothing to do with crypto is it really. lol. what's so difficult? 50 % of 1000 = 500 to get back to 1000, you'd need another 500. what is 100% of 500? you guessed it, 500.
this kids is why buying the dip works.
this guy does math
what if i am at around -9000 at the moment?
that’s only true with the principle. ok. if i make a %. but i come back and make a % i’m even.
moral of the story: buy when it falls 90%
someone tell this to the safemoon crew. made worse by their buy and sell fee, that is some upsetting math for those who purchased any time in the last 4 months.
it’s not that “the market” is asymmetric, it’s that y’all can’t do math
where is the suicide hotline number? 1-800-unalive isn’t working right now?
you can prove anything remotely true with math!
i did not come here to be attacked
this reminder is not friendly.
you mean percentages are nothing more than relational indicators?! brain running at 1000%
if you yolo your yearly wages and it 100x you probably never have to work again in your life.
this is why you look at avg price paid
you can only lose 100% but gain is unlimited
not if you buy more
you only “lose” money when you sell. just because the price per coin, it doesn’t mean you’ve lost money.
so what your saying is we should all just buy all the time?
i mean, yeah, technically those would be the percentages, but a price drop from - % loss and a price rise from - % gain sooo, that does not really mean anything. price, market cap, volume etc are indicators of actual performance and value. playing percentages is just gambling.
still buying high and selling low
while true, it is an observation often made by dilettantes and it is not the right way to look at it. a combination of risk management while hitting multi-baggers is the way.
these are all meaningless numbers tbh. who fucking cares how you label it? the amounts are the same regardless.
op eats crayons as well.
i realize this little nugget passes for "common knowledge" around these parts but it is a pretty silly thing to base decisions off of. a drop in price of .5% drop. a gain of .3% gain. but it's the same loss & gain in terms of absolute dollars. math is fun.
wait - recalculate doubling position every 15% drop. . . .
no you should buy back the dip at x10 and only go twice from there. btfd.
i do no think tha word means wha you think it means.
yeah, this is what some people dont even realize.
yup that is why i buy at the ath and then sell at an 80% loss. . source: i'm the idiot that bought shib at it is ath because i listened to a friend. to be fair, i lost hundreds. he lost thousands so i am not too mad.
if i invest , and the market loses half of its value, i'm down 50% of my initial investment. if the market recovers, i've only gained 50% of my initial investment. if i gained 100% of my initial investment, i'd have . losses and gains are tracked relative to the investment, not relative the market. it's silly to do the latter.
yup. i bought a few bmxx back in april or march for about . now they are worth less than . that money is not coming back, ever.
well, we are as far as it gets from 90% drop, are not we?
if you invested in a project that lost 90%, you're already making terrible choices.
best time to sell is at a loss
instructions unclear. kept my 90% loss portfolio
im glad that some people post useful shit around here and not just screenshot price of the coin they are hodling and ask stupid questions
whodafuk is selling at a 90% loss? even i couldn’t manage that on purpose
wow, thanks for this example of high school math. what's your next post, informing us that the earth revolves around the sun?
gotcha. gonna get this in sticky note
i need to delete this app this is worse than twitter
you did not explain how the market is asymmetrical or provide a resource that explains it. i am a bit slow because it does not make sense that after a x% loss you would need an x+% gain to recover. it's unintuitive. can someone explain or provide a resource that does?
how so? if i lose 3k and it goes back up 3k i still broke even right ? i was never good at math someone explain to me like i'm 5 please
i'm so lost as to the sentiment about this dip on reddit. are people laughing at those that sold because they expect a recovery asap? or are people laughing at those that bought the dip because they expect a bigger dip or total bear market?
so where is my money?
balls deep in ubeswap and mobius and i'm not leaving
i guess you read charts the wrong way. if it drops 20 cents and get back to 20 cents, there you are even. percentages makes senses only if you have an open position: if it dips 90% to 2 cents, you open a position then it goes to 3 cents there you have 50% gain. even in the event you bought 5 tokens at 20 cents (for 1 dollar), it dips to 2 cents, you still believe in the project and you buy 30 tokens now (for 60 cents) and it goes to 3 cents you've got yourself recovered (you should have 1 dollard worth).
buy high buy low
i seriously wonder how this logic works, why can’t it just be 20% gain if you lose 20% to break even??? i hate math
isn’t this only if you sell?
like it’s even possible to gain with crypto. luckily i like the color red.
this is why percentages are deceiving and are not appropriate comparisons of gain. if i get a 100% gain on number of hands, i would gain 2 hands. if i had a 50% gain on teeth, i would gain 16 teeth. percentages can be deceptively used to strengthen, and should be used only in conjunction with non-percentage numbers for perspective and relative change.
what do you do after a 100% loss?
i know you're lying because of the big word you used twice. coins only go up.
smooth brain here. can anybody explain or link to me a video to watch on why or how this asymmetrical market structure works?
you just made the case for dollar cost average.
i'm new to this, why is this so?
still poor whether the market goes 1000% up or 1000% down. *sad poor noises* besides, you cannot lose or break even if you do not own anything
that's why long term holding leveraged etfs is such a bad idea. a bad dip can really fuck up your future returns
im selling my ltc
people are gonna downvote because you either dont understand how percentages work, or youre trying to trick other people who dont know how percentages work.
“friendly reminder” this guy doesn’t fuck
if this is cryptogedon i’ll ride it into the fiery pit. not selling.
good post. well played. probably important info a month from now 👍🍜
valid, but doesn’t this same math work on the way up? compounding interest on gains? this dip sucks but i’ll ride it out. add to my bag. dca through it.
far too often i have to point out to people that (1-a)(1+a)!=1
it's like my dong is asymmetrical too, when my brain loses 50% of it is blood my dong gains 100%.
which happens literally all the time in crypto...
10 yrs and 4 hrs later i am broker not even.
does anyone know where i can get this explained better? so if i buy btc and then it drops 20% and then it goes back up 20% i lost money?
what's this fud lol 10k votes up what
bruh how does this have 10k net upvotes...reddit is all dumb apes and so am i
that's... how... %... work...
i think youre missing something. if you dont sell you havent realized a loss, first of all. if you want to avoid this dont put in money you cant afford to lose.
where are you getting these numbers from? just curious!
can you explain why this is the case? in simple terms, for a simple man
to all the people confused by this...just do not worry about it. don't look at your percentages. if you invested , you loss . and when it goes back up to , you are still down one hundred. doesn't matter what the percentage says. percentages is useful for mathematical analysis. if you suck at math, do not use it. there's no need to.
yeah op but you forgot to emphasise that we are already 230948329042389048239432% up.
ooh i like the misleading flair on this now. but cannot we just, you know delete this shit
so you're saying there is a chance
ok. but people on reddit told me my coin would 10,000x... so i do not need to worry about that.
would not be a whole lot easier if you just used the time variable? otherwise you will not make much sense to people - whether it’s gain or loss time is the o variable that matters
the market is not asymmetrical. the math for computing growth is
11k upvotes for basic math
forgot to mention we all like eating ramen so im still going to buy more eth baby! woo!
the best this you can do is keep buying to average it out. i did the same with my few coins and made good returns and now my profits are going into wallfair their platform is creating buzz.
that’s why i don’t pay much attention to percentages and just set price point alerts.
eth went from 1400 to 100 to over 4k. hodl'd through the whole thing. still am.
okay but a 20% gain on the initial investment vs the underlying assets makes sense, this is just semantics
what is the point of this post? this is not a friendly reminder it is math for 8 years old.
this is why you have risk management: stop losses and scaling. also, if you’re diligent about where you’re getting in and out of trades (support), then you’re playing these percentages better. i think people might downvote you for being overly fatalistic. but people should definitely be patient and have a plan because the market is rigged. so play the game.
yall counting fiat while im counting sats.
i still do not understand this! if i spill 50% of the water in a glass i fill in 50% agian and it is full again. sorry i really do not understand
idk why people look at percentages anyway (to some extent, at least). just look at actual prices and it would not be so confusing lol.
how the fuck does this have 11k upvotes?
friendly reminder that bitcoin alone has made a 900,000% gain in the last 10 years so... a 9,000% gain for smaller coins is... pretty achievable.
but at the end of the day is not it the amount? if the value of that quantity or coin increases then you are good again, no? it seems to me it is not as hard as you make it sound to regain your losses. i'm the first to admit i do not know much about this stuff but am learning more each day. just trying to understand this is all.
whats needed after a 10% loss?
pro-tip : measure your bags with btc. pro-tip : use cost basis and do not worry about percentages up and down. if the market pumps the week before and then deflates, why do you care what percentage it is down by this week? pro-tip : have a plan, invest and take profits according to plan.
imo if youre trying to assess the total value of your portfolio, you should be keeping track of your book value vs the market value of your entire portfolio... this would give you a more accurate overall percentage... as you dca in your book value goes up... as you take profits your book value goes down... this shows you your actual profit... it can also show you when your gains become lossless... no skin in the game means youre playing with free money... anyways...
you only lose if you sell.
your math is correct and this is why a drop in price becomes a great buying opportunity. always buy the duos, especially in cryptocurrencies.
hmmm yes, this math is made out of math.
yes and i also want to add that most of the exchanges we use "go green" the next day or two days later after a hit. it is not green for your investments. if you take a big hit on dot and tezos for example the next couple of days might have green increases. it's only comparing from the day before! look at your week and month. dot is definitely not green for the month of september. tezos fell on it is face. they know how to mess with psychology and that is what they are counting on i suppose. 90% of us slide the rulers around and remember what our initial pour ins were ( some make it hard to see, especially if you bought crypto with other crypto). some simple but decent mental trickery; do not fall for it.
or you just buy the dip, lower you cost basis and profit on the way back up. not hard.
looks like someone read “the intelligent investor”
i agree that it’s usually harder to get back up and may take a little longer but it’s not 100 times harder to make up a 90% loss
that's only true if it is a realized loss. if it is a 20% unrealized loss then you do not need 25% to break even. 96.8% of all positions that closed on sept 20th were only a week old. this implies that it is really only leveraged traders and newer traders who panic.
so if you take the derivative of money and multiply that by the conjugate of hodle forever, you get infinity dollars. infinity dollars = happy ape. i'm all in!!
it's hard to see why anyone does not guess this just from them looking at their balance, but you are right.
not if you do not sell silly
ah yes, or the subtle differences of 100x vs 100%, that some people just… don’t… know. edit: i.e. 100x = 10,000% gainz!
psh, just buy the dip. problem solved
only people losing 90% in crypto are fools buying bsc pump and dumps because they saw a bunch of media hype about safemoon.
generalized example: % loss in decimal format (eg 25% = .25) = l intial investment = x % break even gain in decimal format (eg 300% = 3.00) = b (1-l)x = investment after loss to break even after loss: b((1-l)x ) + (1-l)x = x ((1-l)x)(b+1)=x b+1=x/((1-l)x) b+1=1/(1-l) b=1/(1-l) - 1 <--- breakeven gain b required for loss l if you have any questions please ask!
you do not say?
that's common sense lol, 90% loss is not a small loss.
>**people are going to downvote this** because they have so much at stake, but it would not change the fact that the market is asymmetrical. this did not age well at all.
i've seen this before. but do not understand. i've seen my project and balance drop and return to where it was again after a - 20% +20% my balance is the same as it was...
why is this though
crypto was so simple when bitcoin was only good for buying party powders on the silk road… they were the days
not to sound like a dick (ok maybe a bit) if you need this explained to you then you should not be investing in anything
market regularly dips 50% to 70%…... and gains 100%-233% (omg!!11!!) so thanks for the totally useless breakdown in relation to the cryptocurrency market with your “how to maths!” op.
yes. but imagine too i have % loss. now i only have . i dollar cost average back in with . how much return do i need to recoup my ? only 100% and if the market goes back to break even then instead of having a portfolio valued at , it is now valued at so even though the market broke even i've 10x my portfolio.
the fact that a post, explaining how percentages work, is this highly upvoted on this subreddit, is all the evidence i need that crypto traders have no clue on what they are doing at all
imagine the ppl that did the 100x leverage with their btc and losing it all.
thats why people to need to lose the hodl til i die mentality asap.
that's not the market, that is basic math. are people investing without knowing this? smh.
as others have already noted, this post is pretty stupid. blows my mind how people just blindly agree with it.
what a worthless post. either explain how this is the case or you're just taunting people not helping them... you're probably right, but you've given us no way of understanding your claim.
who the hell is losing 90% rn? what shitcoins are you people buying? also, bitcoin is an exponential asset. losses and gains can be an order of magnitude greater than more traditional investments. if you do not buy and hold, you lose - simple as that.
what’s the math behind this?
1 btc = 1btc
not sure about ymetrical but the market is definitely ass today.
so what. it just needs to get to the same market cap. i am holding so i did not lose shit. gtfo
ayo who tf asked?
year you are good at math. what should people do with this information is not clear.
90% loss needs 1000% gain. did you skip school or did i?
so many dumb people in this sub!!!!
said this in the daily once and got downvoted lol
very good reminder for some
well said old boy
that's why this hodl philosphy is complete b.s.
i really dont like your post. way too much truthness. damn.
if you do not get this math, you're an idiot for investing in the first place.
trying to scare people into panic selling? nice. your math is correct but i find your post to be only for the purposes of fear. and how is that ok?
no dude, -90% you need +90% stonks
op is dumb, move along
math too hard. if i 100 today, then 50 tomorrow, i need 50.
while i think that is true, no one has explained "why"...
surely dca helps against that
phishing for moon money with this post now that’s clever
here fucking here. unless god somehow decides to make my pathetic little portion of crypto more valuable than the rest or the market completely just goes away, these dips are fairly meaningless to my long term strategy of jumping off a bridge.
ya i see these huge losses and feel bad, but... like i went from eating ramen and barely affording rent to eating ramen and barely affording rent.
remember you did not lose if you did not sell
well you could be poor *and* paper handed
internet computer, here i come
well it would have to drop another 90% from there to add those extra 9% in total... and how likely is it to drop 90% two times in a row 🤡
that's the exact thing i got out of it too
wait which coins are down 90% though?
read the same thing, buy! everything is on sale!🤑
he is the chosen one 🙏
can i have 🍟with that order please?
apes united strong together in this!!!
opportunity knocking the door off the hinges!!
1.5k people already posted here. 90% chance no matter what i say will matter at this point. would need 900% votes to even be noticed.
friendly reminder amazon crashed to 90% twice during is climb to number one over the span of 20 years. so when eth crashed and bounced back higher it was the hodlers that will be multi millionaires. if you had invested 10k in to amazon at the beginning you would have 40 million usd currently. it pays to hodl.
op did not mention that a coin could first drop 90%, and then 90% again
woohoo, team no top 100 coins
that's bmi the beauty is that the fundamentals did not change at all and the team has been working and expanding since the launch. i hope dcaing contantly would not get me rekt short term
safemoon buy wall incoming 😂
just hodl for 10 days and youll be ahead of the poor sap that sold those to you.
nah, i’m buying coins that are down by 99%
theres some safemoon tokens with your name on them
you will get exponetially catastrophically rich
yeah op is way overthinking this.
well but also, it does not really matter. it's a way of phrasing it. instead of saying losing 50% means you need 200% to recuperate, you could say: after a two-fold decrease, you need a two-fold increase to recuperate. both mean the same thing, but one looks worse than the other. in the end, if the market can drop this much, it can also gain this much, and that is about it. quick maths.
i was thinking the same, thanks 👏
yeah, you need to go up +900% to recover from -90%. good news is that going from .10 to +900%. the only time you actually 'lose' is when you sell something that still has its fundamental values (or when some thing's fundamental values breakdown). if the only change in your investment is how much it is worth - and no change to the underlying item in which you're crispy investing - then the only *real* difference is whether you're holding, or averaging down. this is why buffet only invests on things he understands: so he can know when to hold, when to average down, and when the value of your investment has finally reached an equitable level with reality.
yep, i've seen this thinking in other investing subs everytime there is a crash. people are so drunk in charts and percentages that forget that what truly matters is the market cap and how much money is invested. a percentage is just a number relative to a randomly chosen point in time, and has no intrinsic value. if it is , it needs .
op tried too hard to be smart
yeah, every time i hear this the person posting it thinks is some great revelation. -+
if i lose , how am i not right back to where i was? why do i need -20 to be back to my start?
for bitcoin maybe you are right, but most alts never recover.
right? and the exponentially worse part does not start at 50% loss.
ex fucking zactly. also depends on market cap!
>“the market” is not asymmetrical thank you. ops wins dumbest i've read today, and i was getting worried nobody else would catch it. if the market was asymmetrical math would be fucked, and we'd be pulling shit outta thin air in every pump and dump.
to get symmetrical percents you could use ln(new_price) instead of new_price-1. that way if something goes -22.3% followed by +22.3%, rather than -20% followed by +25%. basically what the logarithm does is adjusts the baseline continuously instead of just using old_price as the baseline. so basically a 22.3% loss means 22.3 1% losses chained together, or 223 0.1% losses: 5\*(1-0.001)^(223)≈4 and same for gains: 4\*(1+0.001)^(223)≈5
also if your favorite currency gets divided by 2 today and multiplied by 2 tomorrow you're also back where you started. percentages just are not designed for this use case
i would stick with this cos my brain wants simplicity. this math geeks trying to sound smart but really just complicating things for themselves and pulling us with them.
i thought something was mathemetically off here lol.
thank you it really hurt my eyes reading his post.
it all depends on what the math means. if the increase in value comes from a percentage gain not a value gain, yes it would be even. the gain is percentage based, but i believe this is minimal enough that the math doesnt equate to its 10x harder to go up than to go down. yes, when btc was , a , now a ,000 dollar change is big. but it is just as easy to gain . it would be some pretty complicated math to figure out what the amount of buyers and the price above the current price they are willing to pay and vice versa and how that changes with price to be able to adequately describe how hard going up or down in price is
yes, but that %, gaining %. i thought that was obvious in the op - he’s talking about percentages and how relatively speaking gains and losses are asymmetrical.
i guess op is in the mindset of losing 90% from one coin, selling, and then jumping to another coin which will help you recover and requiring 900% gain there to breakeven (as the prices are different, so its better to calculate it in percentages). in that aspect i agree, as last week i lost 50% then sold and jumped to gala after the retracement and luckily broke even when it hit 100%. you are right though; that that would not be necessary if you are trading through the same coin (still applies but unnecessary, as looking at the actual price is better). especially if you are not selling and just hodling (as there are small changes every second that could matter) waiting for the price to rise again. correct u?
yep, or "a two-fold decrease means you would need a two-fold increase"... it is all a matter of phrasing and some mind gymnastics.
, unless it is a low cap coin.
in dollars yes, but isn’t the required percentile gain larger than the initial loss? a % is worth , and it would need a 100% gain to go back to . but yes you’re right about it going up .
yeah this post having 10,000 upvotes its the dumbest thing ive seen all day. the moment i read this op's argument i eye-rolled so hard.
you and op are both correct.
i almost fell for his bullshit too. i was like, "ah i never looked at it this way" lmao there is a reason why i never looked at this way - it is because it is symmetrical as hell lmao
this is an excellent explanation and everyone should listen to this guy. but just to add on to that a bit, in finance we also consider time value of money. so yes, a , if in an instant. however, a . that is why in finance and investing, simple return calculation is not often used. for more, look into money-weighted and time-weighted return. p.s. this concept also thispels the belief that "you do not lose if you do not sell, keep hodling." when your investment goes down, that loss is real, whether realized on paper or not. one can only hope that the loss is temporary. hopefully, a couple days to a couple of months. the effect really starts to kick in when it takes years and years to gain back the loss.
if your asset loses , the probability of it gaining . that’s the whole point of comparing percentages - to demonstrate just how improbable it gets to return to the same price point after large drop.
you're not wrong, but you're arguing semantics (op said market incorrectly, but everyone understood what they meant) and also absolute value changes as opposed to relative value changes that are much more relevant. if you see a .01 coin, it is not going to go up to "wow this coin only went up 99 cents", it obviously just 100x'd.
until buying the dip no longer works. just a reminder: not everything that goes down goes back up.
yeah last time i check i had the same number of satoshi's
all of my coins have the same balance. all good here. i’m not a paper handed bitch…just sayin
as my old wise grandpa always said... sell red. buy green.
here is the real answer
don’t want to miss that recovery. get even further behind if you sell right before a 10% pop
i still hold the same amount of bitcoin.
hodl. man crypto keeps dipping and keeps coming back. if you do not believe in crypto, sell. if you believe in it, hold. simple as that. of course, always realize some gains. i am almost down 1k from 2 days ago. idc tbh. i got all my shit staked anyways
sell is a four letter word
you do not gain if you do not sell either.
shit math guy. good thing not selling
same, plus we can still earn interest on our btc through different platforms. no matter what we still gain.
i believe what op is trying to say is... even if you did not sell, you need that huge jump to just breakeven to the cost price of your coins
plenty of those from the 2018 days still waiting for their xrp to go back to . most coins will never recover from these cycles. if you bought btc, though...no loss till i do not sell has worked very well for me over the years but only for btc
wise words from a scholar
i mean you're not buying it just so you can count your coins, your coins lose value even if you do not sell
yeah you did. your portfolio value went down because you did not sell. if you sold to stablecoin then it went down, you wouldn't have lost.
yes you did. you lost fuck-tons of value.
maybe you did not lose shit, but op is not saying you lost shit. op is telling you how much the market needs to gain back so that the value of your portfolio returns to what it was before the market went down. if someone sold, how would they be getting their money back without buying back in anyway, and then the same thing would apply to them.
haven’t lost anything but my account is red what does this mean….👩‍🚀
there are some very dumb folks out there putting their money into crypto. so many upvotes and people agreeing with this post. to be clear, i'm saying you're 100% right and it blows my mind people do not understand.
what you fail to understand is that sugar is actually asymmetrical.
yeah, but if two people are in a room and three go out, one has to go back in in order to have an empty room \
well, you got 50 likes, they got 5000. they got exponentially more likes.
this post is really only relevant to people who have a very foggy understanding of percentages. if you understand that a loss of 90% means something becomes 1, then you do not need this post. op’s unclear phrasing makes it sound like there is some mystical, mathematical factor that makes it harder to recover than to lose, and that’s not the case. at least, it’s not based on this reasoning. in the real-world, for unrelated reasons, we do see that crypto often falls faster than it rises, but the top cryptos also spend more time rising than they do falling, which is why they have massively appreciated over the past decade. a substantial loss sucks, but it doesn’t mean you’ve necessarily fallen into some inescapable financial tar pit, lol. especially if your loss is based on the entire crypto market dipping. that said, where op has light to shed, it’s in illuminating that if you’ve lost 90+%, you’ve lost biiiiiig. but i feel like most people get that.
i do this too weird avatar dude!
i needed this to understand it tysm!
i think you meant ...but i get what you’re saying edit: ah re-read your message. tbh it doesn’t make sense to me to take the 10% from the original when you are now working with the profits but to each his own on crypto math
jesus fucking christ you’re not wrong but does this really have to be explained? and this post is top of this sub? came to r. did not thisappoint. :)))) ^(although a part of me is very sad)
nice example, was having a hard time wrapping my head around the maths. thanks!
it does illustrate the power of dca though. let's say your coin dips 90% and then rebounds only half of its value. if you dcad through the whole thing - the , whereas the . that's why they say real wealth is made during bear markets.
what is ? it’s not by itself a meaningful number. if , then yes it is going to be 100 times harder (in reality, many times harder than that). if , it’s not going to be difficult at all.
what. that’s like saying btc losing . , it’s the percentages that matter
that's exactly what went through my mind when i read this post... how dumb does op think we are?
- 20% loss = * 20% gain = * 25% gain = it's more stark with big losses: - 50% loss = + 50% gain = + 100% gain = even worse if you're leveraged.
it’s about to hit tree fiddy after that 900% pump
no deathcross? not interested...
to be fair, with the amount of teenagers in this sub who invested the , and now consider themselves financial experts, this kind of basic maths is probably needed.
the market is asymmetric man
it's something beautiful to behold. also why a cheeky limit order is a good idea. can make a lot of money during a flash crash
i'm thinking the same thing, how is this comment so far down, wtf is going on in this thread lol
but how can i buy high and sell low then?
yeah, just start buying 18 months ago.
just whale pretending it is a free open market
you'll be surprised how hard math is for most people.
that's called dollar cost averaging. the more you spread your investments the more you mitigate your risk. on the other hand if it goes the other way round you lose gains (if you invest 1k at 100 and it goes to 200 you gained 1k. if you put in another 1k and it goes up another 50% you'll sit at 4.5k. if you invested it all at once, you'd sit at 6k)
you think people understand elementary level math?
you mean like 4+20=69?
i do hella math way harder than this for my major and didn’t make the connection until recently, percentage gain’ve never personally learned in school. it makes sense it’s just not super obvious on the surface
no, it is not really obvious. most people tend to think 90% loss can be recovered with 180% gain. reality is 900% gain.
very good point, maff and numbahs
buy the tip and it dont fuckin matter. red > buy > green profit
a man of culture
you are right.you can never be in a loss in crypto ,if you do not sell.
can you explain that again, but only use . it's hard when you use big numbers like 10.
wish i could downvote it more than once
read the comments. op confused himself
yeh thats what ppl do. they tell everyone the truth... "pumpkins will pump" halloween "sell in november" product is spoiled and halloween over. whales already sold
my eloncumrocket dropped 55%
maybe yours is lmao.
i dont know about 20%, but i can tell you that i lost a years worth of gains in the last 2 or 3 days because i decided to increase the size of my position quite a bit by buying down the dip. then it kept dipping.
i'm down about 16% but it is cool coz i'm up way more than that since i began.
damn right, where the fuck does he get off using numbers like that. some peoples kids these days i swears it
*maths can be hard*
what the fuck is ckb? cock kinky balls?
20% loss on 20% gain on it will not net you the same price.
it is because people use obsolete percents instead of x system "my portfolio is at 0.1x" "then it needs 10x to break even" 10 * 0.1 = 1 "my portfolio is at 0.33x" "then it needs 1.33x = 3x to recover
if only you knew how much that equation is used in finance...
you're thinking in terms of flat numbers. % of , but .6% of . so initially you only lost 40% of your investment of , bringing you down to . however to get back to your break even point you need a 66.6% gain on your remaining .
hold the boat until i get paid on thursday pls
glory to the first place? crazy loophole.
you invest . then market crashes by 50% next day. you now have only . market goes up 50% the next day. you now have . because 50% of .
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ignore it if you do not sell and just hold. this is about people buying high and selling low
if you add 10% on 100 if you add 10% on 50$. so if you invest 100% you get 90$. now you have 90$. it goes back up 10.
you're right in the middle of a bear market. all cryptocurrencies broke the support lines yesterday. right now is just a bad time to invest.
you could argue you lost when you bought since you no longer have the money used to buy. you can regain when selling
get out of here with your number-magic
that's not what he is saying though . anyone who does not get basic fifth grader math like op outlined probably should consider a refresher course.
100 minus 50% (half) leaves your coin worth 50. your 50 now has to double to get to 100 again. doubling is an increase of 100%. the loss was calculated on 100, the gain is calculated on its new value, 50.
you sound very smart. please, tell us more.
i believe it means this: let us say eth is at 1000eur, it loses 90% it goes to 100eur, then goes up again of 90%, it does not obviously go to 1000, but at 190eur, because the 90% in this case is referred to 100eur. for 100 euro to go back to 1000 it would need a 900% increase.
umm… when you have %, how much money do you have now? ? math is hard.
math. if you have 100, lose 20% of that you’re at 80. gain 20% of that and you’re at 96. 100 x 0.8 x 1.2 = 96
remember, percentages are a ratio. you're dollar value gain, but they make up a different portion of your portfolio value. if you give up one slice of pizza out of ten slices, that is 10% that you gave up (1). if you give up one slice of pizza when you only have two slices left, that is f-ing half (50%) of your slices! ' portfolio example: = % gain lose = 33% loss, ending port value of gain = 50% gain, ending port value of
i’m sad for you. ☹️
it's not asymmetrical but when you lose you have less invested for a gain so if you go 50% down then 50% up you take a loss
please explain how percentages work.
if you have %, you now have . if you then gain 20% on that now , you now have .
in the simplest terms: buy low sell high. after a loss, any gain is on a smaller amount so you get less from the gain.
sounds like a good time to buy
if you have a 100 ml glass of water that was filled to the top (100%) and spill 50%, you have a glass with 50ml. if it increases by 50%, (.5 x 50 = 25) you have a glass that is now 75% full at 75 ml. in order to get back to 100 ml you needed a greater % gain.
so what happens when you gain over your intial investment? does your glass magically get bigger or does the water spill onto the floor? the size of the glass is infinite because you can put as much water into it as you want. but only the water currently in the glass is what gains or loses. you dig?
are you rich now or still poor?
.111111... % gain to break even if i maths right.
i think you forgot the part where it reads "11.5k votes".
then it dips some more
hah... it was not. market was as manipulated as it is now. . . etc...
that's majority of new investors here. why do you think this post got 11k upvotes? a lot of people just do not know much about investing.
i put subtle hints in there for the smart. you need to be smarter to see past skin deep.
yep, once it is down 90%, you should probably buy that dip, because that would bring down your average cost, making it easier to get breakeven and even get high return.
don't need to imagine. in april, some dude took the joint life savings of him and his wife, to buy crypto dip at 5x margin. except there were more dips within the dips, so dude lost every cent and committed suicide the same night.
you have 100 loses 50% 50% of 100 is 50. so now you have 50 50 gains 50%, 50% of 50 is 25. so 50% gain price is now 75 50 gains 100%, 100% of 50 is 50. so 100% gain price is now 100 so if you lose 50% now from that new lower price you need a 100% gain to get back to where it was. that is the math that was not 'explained'
lose 20% of ’re at . then gain 20% of said ’re at .
cos it is irrelevant
hey, that’s funny, because my long term strategy is to live under the bridge.
it's hear hear you mongoloid
need to see your wallet seed and adress first !
u can adopt me i’ll give you my portfolio
see the thing is i have progressed significantly in income.
got to be to most boomer named coin. i just picture some grandma telling their grandkids to stop wasting their time on that internet computer!
lol i really always told myself i‘d buy icp when it‘s down to 50 just for fun, but now that it‘s there i don‘t know
i made 100% return on it
yall joke but it’s literally the best play
nah. under 30k was. this little dip isn’t the last dip.
or people who don’t understand percentages
opportunity to hold bags? 💼
the usual kneecap arrangement?
plus they have not even considered cost basis. it's hard to differentiate between well-meaning and deliberately bad advice around here.
also fails to mention how further investments can significantly cut that percentage down.
there's no such thing as a "two-fold decrease". it's like saying something is "twice as small" - makes no sense. it's "half as big" not twice as small.
why you look like me🤔
i cannot tell if i'm too dumb to understand what op is saying, or i'm too smart realizing if you're down .
still got 8k upvotes in the end that’s all that matters
yeah bro. haha. quick mafs!!
lol, no. for everything this is right. it has nothing to do with recovery. it is just basic maths.
i get very annoyed when posts like these get to the top while based on just wrong ideas. a lot of people get all their info from youtube videos which essentially can say anything and make it sound authentic.
and yet he’s got almost 5k upvotes. so is he the dumb one, or is he clever for posting a load of bullshit and making moon money off the idiots here?
he still got 8k upvotes so apparently stupid is awarded here.
the fact it has 8k upvotes is scary
youre a wizard harry
percentages aren’t ‘designed’ for anything they aren’t designed at all i’m losing my mind in this thread
i agree. i hesitate to call it fud because it’s not incorrect but it’s a bit thisingenuous. if you’re buying something with the intention of holding long term none of these percentages matter. the idea is you’re making a bet that it’ll be much higher way later. oh it has to recover by an order of magnitude? cool, hopefully it’ll be an interesting decade or two. it’s energy vampires saying “i told you crypto was a scam” while they have the opportunity. they’re the same ones who will say “just you wait it’s going to crash” when things are flying again.
all i read is buy the dip! op math are correct, you buy , it goes down 20%, the value is now 80$. for this value to go back to 100, it needs 25% (yeah sounds like magic tricks). no fud, just buy at 80 and you ll beat this dip harder than it think it is.
uhh, what? math geeks? this is basic fucking math.
it’s just an example figure.
yes, that’s what op was saying
emotions are a hell of a drug.
i'm in it for the long term but i cannot stop myself checking charts every 5 min.
exactly, nothing to really worry if you have a long term plan. take opportunities like this to buy the dip. no one will remember this in 5 years.
btc balance is still the same, do not see where all the losses are
oh look, less satoshis than the few it’d cost to move them? maybe i’ll just keep these bad boys…
said the last man holding lehman
some of my coins have even increased in their number 😧
my grandpa was colorblind and always said… when you see grey fuck if i know what’s happening
the opposite of a hodl
so is hodl and hold
i may have gone so far down the crypto rabbit hole that i don’t look at it in terms of fiat anymore. its either a sickness or a blessing; i can’t figure it out yet. this dive today is not phasing me one bit. i think it’s because i now only buy coins i can stake and everything i have is staked.
ugh i hate this comment. you absolutely can gain even if you do not sell. think of crypto like a house, you do not need to sell a house to gain, you can rent it and still earn income, even enough to make it your living. you can still gain holding crypto and not selling. you can, lend it, stake it, and even provide liquidity. i'm banking on my crypto in the next 10 years working for me, and i do not ever have to sell.
please re-read your reply, then re-read my comment.
“think of how stupid the average ~~person~~ *r* is, and then realise half of them are stupider than that.” \- george carlin
i now understand much less than i did before reading this post at all. brb gonna go buy
this method is also used in modeling. there’s a youtube video explaining the convenience of it
any base log will do it. doesnt need to be ln. base 2 is another common one in some settings.
sure, no problem! glad it helped!
you’ve just got to make sure you’ve got some fiat left to invest when it comes around!!
i agree, , that’s a 50% loss, you now need it to go up 100% from its current value but it’s still a . if it’s a strong project and showed some consistency at . i just think throwing percentages out like this doesn’t tell the whole story and is a little bit click-baity (although, to be fair, i clearly clicked and read :) )
>that’s like saying btc losing . no. its totally not. you are comparing asset a to asset b, while op is comparing asset a to asset a. in that context, .
track your p% based on your original position. math stays stable. i lost 20$? i need to make 20.
so basically, do not leverage. got it!
whys this gaddamn lochness monster tryna get me to invest in crypto?!?
this math is wrong, though, isn’t it
this is hilariously ironic considering the post is bullcrap
3 * 0 = 30
it's almost like no one knows
it's obvious *if you understand basic math* which, tbh, a lot of people do not. just like they do not understand marketcap.
lol he’s confusing me. if my ’s back to
jup... world works like that. don't trust people.
only people in the red should be new investors and shitcoin buyers
they do not. just fud
i thought the bull market had some time left. now i'm down 30% in a couple days. i really hate gambling.
i have to wait till friday. i'm hoping it either stays the same or drops a little bit more.
oh yes got it
no... if you have % gain you now have .
yeah, me too. the days i gain look nice, but overall i buy shitcoins that i sell in the dip. nah, no lambo for this fat bastard.
if i have , and you take , thats a 50% loss. if i then have , and you give me the , thats a 100% gain. so, while it appears that i needed double the percent gain, that is only because the percent change is relative to the current value. you dont need exponential gain, there is just a way to calculate an exponential change in percent from a certain angle. if i lose , i dont need exponential growth to break even. i just need the current value to regain the amount lost.
yep, sorry you had to type that. makes sense.
aaaah haha. awesome! thanks for eli5ing it for me 🥰 now i understand!
richer than i was 10 years ago lol… also what does this have to do with the factual statement i made?
if clout is where your value lies, good 4 you bro
ok thank you, so is the main point is to not view the percent but the dollar value? because the makes sense. i never look at %s just .
thank you, that makes more sense.
so not i skipped school, the one who created this post did.
you're agreeing with the person you're replying to.
in a van down the river?
i'm sorry to have offended you. i bet your anime pillows are going to hear about your great internet victory tonight
lol 2x . booooo. don’t sell until it 8x your investment with crypto.
you better believe it . if you’re like me anyways . i swear dude, it’s like the market sits and watches me . i had been sitting on coins for months . and it’s just like “ come on man. sell the coin. sell …. sell !!! he sold it !!! skyrocket that price !!! “ it happened 3 fuckin times in a row . uggh. i was so frustrated. and one was a coin i believed in and told myself to not sell no matter what . and it shot up and freakin stayed there . don’t sell .
dude, hold it and sell when you're a millionaire. think big
let me know when you sell and which coin! then...i buy!
right? when something looks too good to be true, it is absolute dogshit.
now this guy cryptos👏👏
don't forget to create a post here next year telling us long time investor does not make you a genius and that we need to be patient
this guy clearly knows what's up 👌👌
love your work, need more people like you ❤
can i copy your trades?
why you could just buy at 30k
buy high! sell low!
you give me the strength to continue holding 💗 bless you
seems instructions are clear for you!
buy high, sell low!!
excellent! crypto on wayne 🤟
smart move, us% by then. dollarydoos here we come.
don't forget to mention that you regret not buying more at 50k.
buy sell high low?
i'm confused also, holding and and going down with the ship is not sound investing. now if you sell and re-buy at lower price. why not?!!
lifeprotip: don't take advice from here
how is what op saying “bad advice”? op is simply saying to be careful.
binance does not keep track of my cost basis, so neither do i
why you like look me🤔
if you buy at 100 and it drops 20 that is down 20% but going back up twenty is an increase of 25% from 80. it's just saying the percentage numbers are bigger when going up.
op is a kid who just realized this math lol
nobody seems to get this... thank god humanity has its geniuses ready to jump in for the much needed education xd
explain why many alts from that period are still down 90% - especially against bitcoin. it's harder to climb back up the stairs after falling down them.
unfortunately, a lot of people get their info from here which seems to be just as bad ':d
if there is one thing i've learned from this sub is that any post written with a confident tone and a few bits of technical jargon such as "asymmetrical" sprinkled on top will receive a deluge of upvotes from nodding redditors who, while not fully *understanding* the post at least get the general *feeling* that it is likely correct. after all, look at them smart words!
he farmed karma for moons. the reality is he is spreading misinformation, borderline fud to everyone. and we all know how reddit works: if someone posted it and you read it, it should be taken verbatim with no thought given. slam the upvotes button and wonder why we are a bunch of assholes down here in the comments.
you're getting into philosophical questions here : are maths thiscovered or invented? anyway, what i meant is that they are not the tool for the job
but, they are designed. it's a system for representing something in the world. just like some cultures used other counting systems before our now common base 10 system became used, there needs to be a system designed for representing parts of a whole. decimals, fractions, and percentages are all notations for this underlying concept. fractions, in contrast to percentages, wouldn't allow op to have made such an absurd post. like the person you're replying to indicated: -50% followed by +100% is the same as x. both systems were invented. one allows op to make stupid posts that for some reason gets upvoted. the other does not.
the point was that , if you read only in percentages you would have an inaccurate thisplay of value for yourself.
ok. no need to swear here. calm down
yeah, none of us remember the 17.
yeah usd is just pumping, i feel like im too late to invest in usd
my grandpa was deaf-mute and he always said
no, i got it. op is talking about markets dropping and holdings losing value and the gains needed to recover from that. you said you did not lose because you did not sell. well, your holdings lowered in value, while you were holding them, so yeah - you did in fact lose shit.
lol... it's all coming down soon. brace your loins. answer: nothing made them valuable... lol... nothing. it's literally a giant swindle, and you're on the wrong end.
look... i just need someone to tell me where i put my money to get my lambo. i do not need to bother myself with all this math bullshit.
the more i read technical posts, the more stupid i feel.
that's why you dca. the fiat is already there and budgeted for, no need for crazy allins, no need to fear that it will keep dipping - if it does you'll keep buying and the longer it goes on for the more you buy. that's why anyone who put
take some damn profits at the top and don’t be a crazy hodl bro. then dca the profits at the bottom.
id really have to strongly thisagree, i never calcate anything in $% because $. if i lose % loss which is incredibly hard to come back from (thisregarding coin fundamentals because thats not what drives price, it drive people's emotions but the only thing that drives price is tokenomics and supply). whereas is i lose . also if you're thiscussing trading with people you'd never say "this trade has the possibility to make you , youd say it has the possibility of making you xxx% because the $. whereas % can be openly thiscussed and is relevant to every party no matter if they have a 1k account or 100k account
it totally is. it completely depends on the value of the coin as to whether . and whether it is a lot or not completely matters if it is simply meant to recover . or to make it more simple. it's percentages that matter.
yeah and you lost 20% on that % on the 80$, but you have the same amount. you see how the percentages are just unnecessarily confusing it.
put on your big girl undies tuna this is barely even a dip
ok so how is a 900% gain on ?
lol. well i decided to buy quant ada and a little matic so far i’m up a few grand. we’ll see how it is at the end of the year. i imagine with quant i’ll be very happy. 😉
yes. the current value is your investment at that time. also how do you lose 500 from 50? a lot left unexplained. so how do percentages work again?
not op but generalized example: i have intial investment of x i take a 90 percent hit i now have .1x now with .1x i need to get back to x how do i get there holding my position... ? .1x (y) + .1x = x y + 1 = x/(.1x) y = (1/.1) - 1 = 9 aka 900% if any of you have questions please ask!
any 90% loss holding your position would require a 900% gain to break even. fact.
the legend of matt foley lives on.
you can afford a van?
love that skit, probably one is snls best. rip chris farley.
my one and only peace of the universe??? neeever
this guy get's it.
this is my way
there is another. i'm old and forget that i bought. i think you youngins call it unintentionally hodling.
agreed, buys every dip bullish.
i do not know if i should take this advice or not...
i take meme advice for any crypto sub seriously.
yeah so wierd my stock app tells me my average price per share, makes it easier to average down.
wow. thanks for explaining to my worked-all-night, math-challenged brain. that makes perfect sense. but if it is , you still only need a .
aaaaah now i get it, thanks!
you are not understanding at all. no one is talking about specific coins. it makes no difference. it has nothing to do with wether it is btc or an alt. the maths equation is wrong, or rather incorrectly applied. this is about the fact that the market is not asymetrical as op tried so hard to prove. has nothing to do with how hard it is for whatever coin to do whatever. jeez. what is the iq level of this sub...
it just has to not be true.
i want to hurt whoever invented subtraction. coinbase always using it on me.
calm down? i mean this entire thread is proving this subreddit is full of people with complete financial and mathematical illiteracy. why would anyone even trust a single thing posted here after seeing this shit?
well, you're talking about it so clearly you are remembering it.
don’t worry, there’s a dip coming.
i've read the white paper. they burnt . the owners claimed it was an investment and instead they just burnt the coins. i'd be very sceptical about usd if i was you. personally i would invest in yen altho there is some fud going around recently. i hear evergrande is pulling out but this could open the doors to future investors.
life changing wealth or bust
profit in what currency?
ehhhh. we might be early to *crypto*. there are a bunch of coins that are already past their prime. the trick is knowing which is which.
i did not compare bitcoin to lehman, i simply made a statement that the line of thinking is similar and blind faith without dd will get you burned 9 out of 10 times.
my other grandpa lost both his hands in the war. he always said hold on for dear life
why don’t you thistribute your moons then since it’s all a big scam
send it all to my wallet, it will give you a free lambo
so i should spread my 68usd out and but like 10% at a time
was so easy... and only 4 years ago...
if i could only tell the top from the bottom.
i whole heartedly agree .
you will need a 2000% increase in math knowledge to break even
lol, the , there, buddy. theres not really anything unexplained. losing x and then 2 weeks later gaining x is not exponential. thats linear loss followed by linear gain.
i freaking miss chris farley and phil hartman. they were my favorite comedians. why did they have to die?!? rip
wen icp rebrands itself as pisscoin
a true international man of culture
buy high never sell ![gif](emoteemo_pack_1dancing_wojak) ![gif](giphy3brdkvjkikyw4)
it's time for the sequel - icp resurrected.
paradox in the making!
i know! i wish one of these damn exchanges would get with the program so i do not have to keep guesstimating what my basis is. i try and keep a general idea and i know that i can check my history for what price i bought at. when you do alot of trades though it becomes a real pain in the ass!
in absolute value you only need to get back whatever you lost to break even. what commenter above you was clarifying is if you think in % then gaining that figure back is a larger % of the reduced value then the % originally lost. 100 -> 80 = 20 (-20%) 80 -> 100 = 20 (+25%) what we’re all saying is this is a moot point and goes without saying.
his math is correct. a coin requires more percentage-wise to return to where it was. and spare me your obnoxious arrogance.
i just cannot understand why you are so hurt by this. okay, your porftolio must be bleeding. 🤗
that would be my point... *whoosh
it's a pump and dump!
pined my balls to te wall on this one
my grandpa lost his life by suicide. he always said "hang on"
my grandpa was simple, *he didn’t know shit about fuck*
all 50 internet-points... yah... whatta fortune. 🖕
no... lol... no. nation-states with their actual, physical resources and gdps will drive money. crypto is a pop ... with zero underpinning it to reality. it's a casino, nothing more. make your financial choices off of your initial premise at your own peril. outside of this, we watch the casino for what it is: a fun game.
that’s what i’m saying lol, not everyone has .
did you turn your monitor upside down?
depends on when you bought and your needs
so i guess if you have 5 or 5mil invested 25 bucks is 25 bucks?
chris farley was one of a kind, left a mark in the comedic world despite only being around for a short time. rip big guy !
i know i will always be in your heart of hearts <3
can you adopt me?
insane clown posse? seems about right...
like internet computer is not shitty enough for a name.
well said. and we, all who are here, are men, trying everyday, real hard, to shoehorn concept "buy high, sell low" into our ways of life, that makes sense from where we coming from. to make our ancestors proud of their sacrifices and development of fundamentals that we stand upon!
the wicked clowns will never die!!!
yeah i'm just going to try and figure my average and write it down
omfg another idiot. no he is wrong, and changing his reference point of his investment to calculate meaningless percentage. good day.
i really do not think that applies to that person. they're heated for no apparent reason, but their impression is the same i've gotten. i'm not a smart person and the ranter above us does not pretend to be either. seeing basic math (middle school level for the usa i think?) being voted to the top and regarded as insightful is red-flags levels of concerning. especially so because the post is addressing semantics at best yet seems to be masquerading as financial advice ("people are going to downvote this because they have so much at stake").
expecting people to understand basic math is not flexing knowledge.
>no one will remember this in 5 years. "17" <= yeah, well, there is still one year to go before you forget about it, then! not too sure about this equation, though i invest in crypto so i'm only good in meth
perhaps the gme psycho's have been right all along and they are the billionaires now. gamestop will be worth more than berkshire hathaway and the stores will still be dumps.
but it will pump again eventually, right? ...right?
i guess so. i bought a bunch of shit on that dip, and i"m already way up... i do not know what everyone is so upset about.
m a damn ass hodl person i dnt knw what the fuck is sell
>bitcoin does not require blind faith *in anyone* never said anything about faith in a person. i said blind faith beliefs in general. sorry if the thistinction is not apparent to you. my point to the person i replied to was yes 1 coin = 1 coin, but until the day. if the day. when fiat dies... 1 coin means nothing without a notional value, because that is how other real assets are priced. so while 1 coin may equal 1 coin... for today, and at least the relative future, the question is what does 1 coin equal in dollars. but hey, if you have it, provide me with actual holistic fundamental valuation of bitcoin
it takes faith that enough people understand it though, right? i mean bitcoin isn’t much use if only you and satoshi get it. so it requires some faith in other people’s intelligence. a *huge* part of bitcoin is social, not technical.
at this point it’s a lot like a stock
how you gonna trade bitcoin if your electric grid is shut off in cyber attack?
“hang in there “
my grandpa was the mona lisa of grandpas. he always smiled and was well hung.
so thistribute them amongst other people since they’re so worthless. i’m not even asking for them; just for you to prove how worthless this magic internet money really is
bingo. op wants you to think that if you lose , you gotta go up . the market isnt asymmetrical. measuring via percentage is just an asymmetrical tool.
the hysterical hate for icp in here is funny. y'all do not even thiscuss the tech and the stuff they are building, just straight up fud.
blocked for being a jerk.
why? i can cash them in for reddit prizes to give away. but yeah, ultimately worthless.
don't get high on your own supply.
so why risk 5mil when you can invest 5?
am i supposed to give a fuck?
>we have multiple fiat currencies competing with each other while bitcoin is uniquely placed. what makes bitcoin uniquely placed? last i checked there were thousands of other cryptocurrencies competing with it.
it does not, but thats just the point. all these things are just made up speculative "comodities" markets, from cash to stocks to crypto. there is no intrinsic value if you cannot use them and they could be rendered useless pretty quickly if the entire financial system implodes and that is just a question of time. even money printer cannot go brrrrrr forever.
if you can cash them in for reddit prizes, they’re not worthless
more money mean more thing you bought. if 1 coin = , and you own 1 coin, +. if 1 coin =, and you own 1,000 coin, +,000 bonus.
one man's treasure, is another's trash. way to be pedantic though. goodbye.
ah... so you are tracking just value of the coin and in no way using percentages at all?
why would a ? a dollar is a dollar.
finally something thats actually helpful
i scratched the shit out of my screen with this penny.
sweet baby jesus this is exactly what i needed
it's not straight. it's stressing me out more
what sorcery is this!
" pop pop! "
nice a double pop!
i propose we crown op "king of pop".
some hero’s wear bubble wrap. needed this, thanks
we may need many of this if the market does not stabilise. only way to beat the market is to hodl tight.
pop pop pop pop away at my heart! milo murphy anyone?
you know what, this is really creative.
this is the most adorable thing i've ever seen in my entire life. thank you 🧡 instead of spreading fud, you spread the bubble wraps.
oh, it works ahah. i'm a happy man now yahoooo
not only does it pop, it unpops! infinite bubble glitch
some find that [watching carlos matos]( is also good for stress relief.
i do not want to see the words bubble and pop around these parts lol
i need a 4k version of that
do not say bubble
`const spoilers = `for (let spoiler of spoilers) {` `spoiler.click()` `}` press f12, paste and run this, and then immediately go back to stressing the fuck out fam. you're welcome
instructions unclear popped all my money in bitconnneeeccctttt
now this is quality .
pop goes my portfolio
f manipulators i aint selling shit
just remember the drop brings us all the way down to 5 months ago. no big deal
i can confirm that all of the cells on the far left say pop. can someone confirm another row?
the uneven columns is triggering my ocd. also, cool and thanks 😂
you need more of those. >!pop!< >!pop!< >! pop!< >!pop!< >!pop!< >!pop!< >! pop !< >!pop!< >!pop!< >!pop pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!<
got time for that, nice!
useful post is useful. 10 points to gryffindor
wow i only pressed it on a whim, it worked!
the bottom part is really triggering my ocd.
if only it was painted red, could have been a tension sheet.
soothes the burn, a little bit.
thanks op, thats what i needed.
does this mean... the bubble has popped?
now *this* is a quality post. tired of the fucking "hoooodl" and "just dca bro"
wow this is amazing well done lol hours of fun
you can unpop them as well for unlimited popping
am i the only one who hears "pop" in my head with every tap?
i clicked on thread from feed and had to start again...
thank you, i needed this!
the best moment is when you find the hidden word among the pops hahah
am i the only one that popped them all?
if i unpoped them all?
if you really want to feel something use bubble wrap as protection...
honestly, this gave me anxiety idk why
fuck that actualy helped
i assume under one bubble there is a wallet private key?
what the fuck os this?
just change your chart to show progress over a year. :) nothing but gainz remember do not worry about the dips. also remember that every one lost their mind early 2018 over crypto dips. just keep on steady holding if your plan is to do it long term. if that year chart looks good think what 5 years will look like
easily the best post of the day. have my silver because i'm too poor for gold.
what black magic fuckery is this?! i’ve never seen something like this before on reddit.
i popped them all and now i feel good. thanks op! 😅
bubble wrap 😂😂😂😂😂. sounds as good as getting my first moons today so happy
>!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!<>!pop!< >!pop!< >!pop!< >!pop!<
oh... the double pop... twice as satisfying.
oh yeah that is the stuff ![gif](giphy3brdkvjkikyw4)
best post ever on reddit
would have liked more if there was a sound too!
you deserve like 10,000 moons for this.
i'm holding the only crypto in the top 10 which is in green for weeks now , you might want take a look=d btw for real marketcap do not use coinmarketcap or coingecko they have the wrong way to calculate it. nomics.com is transparent and open source , those other two websites are owned by interests :( enjoy the ride fellas!
i am not stressing out i collected my inicial investment more 50% of profit and all i have invested is profit so i am winning
where was this in 2017?
elon gave us a sale
[finally i popped them all!]( ^(im sorry)
bruh, this gave me anxiety. i'm curious if there is any easter egg.
*gets ptsd from reliving the popping of the crypto bubble
you are not the hero we deserve, but your the one who is here <3
really creative. helps a lot 🥰 thanks
this post be poppin' off
good lord. thank you!
best post is this sub
now make it speak *pop pop*
damn, i got that double pop pop. nice
amazing what the internet has become
you deserve mu upvote and i'll give you an award!
i popped them all. didn't regret.
thank you. stress relieved. :)
*pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop ...*
thank you very much! that was fun and sort of weird too. 😊
been going through a couple of bad weeks, with medical school resuming online and the constant anxiety of not being a good enough doctor. my mind playing a soft ‘pop’ whenever i see those 3-letter-word appear as i gently tap the screen is very much satisfying. thank you op! never thought i’d find this under r
this is exactly what i did not know i needed! 😃
all the dd we need
thank you kind stranger, got any more bubble wrap please?
the bubble is popping...
fml i have refreshed this page for so many times already
this is the bubble popping lol
it's been so tough actually but it is a time to load up on solid low caps, xdb for me will rebound so hard
damn, is that spoiling the end of popcorn?
i'm just stressing about when to buy back in!
if you pop them all you may find an easter egg :) and if you find one, let me know, because i did not. or maybe i did.
yeah it sucks right now, but i'm looking at this shit as a thiscount on coins that are worth a fuck like eth and ada. i'm still gonna hodl doge, but only as a wildcard at this point. i think ada will have a massive upswing when the dust settles
that is actually one of the coolest things i have seen on reddit!
here's the sound to accompany your pops and make it more complete.
pop pop is the best. thank you
in the words of magnitude: pop, pop!
man i want everything to drop further so i can buy more ! sweet times
a very wholesome pop !
pop goes my heart - hugh grant, music and lyrics
"pop pop" was my favourite.
is the bubble popping? panic
what witchcraft is this? how does it work? eli5
make sure you exercise and eat healthy today... the market is what it is. take care of your mind, body and soul.
where is this token listed so i can buy it?
pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop ya'll have some more of these
the connected bubbles that give you two pops in one are the best. what was i worried about again?
moon farming done right
finally some good dd
thanks! this is a much appreciated thistraction!
this is what the internet was invented for. thanks, needed this today.
you are a life saver.
the sole reason we like popping bubble wraps are the sound the make when we pop them . . but i guess this was fine too.
cool...i can also unpop it. thanks op
the magnitude is strong here. pop pop.
if only you could do this on a blockchain.
that’s actually really cool!
if we cannot get a bounce from here then i think all crypto is forever over and we are never going to be the wealthy luh leet ever again.
they actually pop!! i'm so impressed.
i do not know how you did this and i do not want to know. i will save this for when i need it again. thank you kindly
imagine reddit was able to play a sound when popping those
pop some more and you'll find some .
the double pop feels good man
-> popping it like eve in wall-e
haha this is pretty nice, thank you
i'm not really following what everyone is talking about right now. my usdc and dai holdings are up like 0.5% today!
what in the devils carnation is this black magic?
how did you get the little grey dots at the corner of the squares? &nbsp; ^;)
actually popped them all. need more
lol! maybe it’s better not to pop bubbles
how did you make it????
this made me laugh so much i almost spat my coffee
i have seen you guys freaking out but i keep checking my cfds and profiting heaps. i must accidentally have a short position.
damnn you can un-pop and re-pop. this is godsent!
dude you need a harvard phd for that.
i need to hear the sound as well :(
is this financial advice?
i've seen everything on the internet now. from the bottom of my heart - thankyou.
best part of waking up is busting in her guts
anyone else not seeing anything on reddit app on mobile?
fuck yeah i got a double pop
finally, renewable bubble wrap!
not a gimmick! 😎
i only hope this sale last until payday!
i need another sheet
the one that goes 'pop pop' in one click is super relaxing
the first one i popped was a mine. cruel joke.
if you’ve not been through it before, this is pretty brutal.
not going to lie… lol im quite impressed
can the mods sticky this until the dip is dupped?
i wonder who’s drawing the best image in the pops rn
i deleted my portfolio widget.
this has to be the greatest thing on the internet! you can’t convince me otherwise!
this is how i generate randomness for paper wallets
also to anyone going through a tough time, i'm down 31% over the past week, so you are not alone
this is amazing, thanks
tough times never last...only tough people last... blelelelubluee
instructions unclear!! the air manages to go back in!!!
i have the power to un-pop. i'm un-stoppable now
poppin like the crypto bubble
haha i drew a dick
i dont invest in crypto, i am here just for the bubbles.
sadly, my phone is so outdated that spoilers do not work
can we sticky this next to the suicide hotline?
23 columns. exactly for four 5-column letters and three 1-column spaces between them. what's the word? it is up to you.
plot twist: there are actually 2 double pop.
this is amazing lol! so relaxing. thank you!
i love the double pop cells
i like to see the bubbles pop
oh, jesus christ, thank you for your kindness
them bonus double pops...
i managed to pop every bubble :d
is there something hidden?
this is a bubble. that’s a wrap.
haha good one. i can never gst tired of this sub
why cant we have one poop hidden somewhere to find
i really sat here and popped every single one
oh baby that double pop. *( ͡° ͜ʖ ͡°) shivers in pleasure.*
lol, this is really cute, and it is interactive!
pure genius <3 thank you
honestly i'm just mad i did not sell while i was up and buy back now...
saved this post for when i need it again
where sound, i need sound
maybe if i pop enough virtual bubble wrap i will forget my problems
i can’t find any bubbles. only pops. defective 2.
bought at every dip. but it is deeping way faster 🤷🏻‍♂️
oh man! i wish i had one of these irl haha
tsla & doge dead 💀 short
omg j didnt know i can pop it wth
i’ve deleted the app ... going tense to see my loss, daily !! i am asking you ppl again , is there a starting of bearish cycle ?
the fact that this has two bubbles that pop at the same time is really great.
are y’all actually looking at your accounts all the time, or are you doing the smart thing and setting up automated buys over time and plan to check it in five years?
got them all! please give me more:
that is more product than some of the tokens!
hodl!! imo it is coming back up soon
aaaaa... one of the best posts ever!
ooooooooohh yes! pop and unpop 😏
what sorcery is this!?!?
hahahaha this is great
the word “bubble” has triggered me
ahh ipad, what a time to show your power!
meme token of retro snes game called ghosts’ngoblins. no doubles for airdrop, 1% max. sale to avoid whales dumping on the investors and others. the safest passive earning protocol is now live on fantom chain. % on every transaction which is instantly thistributed among token holders. buybacks will occur from time to time for rising price floor and breaking aths, tokens will be burned every 24 hours to reduce token supply to 50%. this passive farming will guarantee a lifelong profit to our diamond holders. 👻 tokenomics👻 tokenomics is based on community’s feedback 🚀 total supply - 1,000,000,000,000 🚀 airdrop - 50,000,000,000 🚀 phase burn 1 - 150,000,000,000 🚀 phase burn 2 - 150,000,000,000 🚀 phase burn 3 - 150,000,000,000 🚀 liquidity - 500,000,000,000 ✅ anti-dump -whale function. (max txs 1% ) ✅ initial liquidity will be added on spiritswap ✅ we are going to execute phaseburn ✅ lp will be locked for 4 days after adding liquidity ✅ after lp is unlocked, dev will buyback tokens and burn ✅ ownership has renounced ✅ 10% tax - 5% to lp % to holders ✅ there's no team token. fair launch 🚀 big news: our yield farming website will be live on may 22nd 17:00 utc. farming will start 4 hours after website is live. 🌐 website open: may 22nd 17:00 utc 🌐 farming start: may 22nd 21:00 utc 🌐 read more here: contract: website: coming soon medium: twitter: telegram: exchange: chart:
i dont even own crypto but i did need this. thank you.
exactly what ~~i~~ we needed!
enjoy the moons everyone, but never forgetti, 0.88
we need a pop coin now
lmao, did you copy this from daily thiscussion thread where i posted it yesterday?
we need a pop coin :)
exactly what ~~i~~ we needed! thank you!
popping bubbles as the bubble is popping. deep.
why does this come at the right time of day
this is the easiest dip i've been through... seeing as i already had to sell all my crypto
this is amazing 🤩🤩🤩
you’ve made my day
love a tension sheet 😊
poppity pop pop pop 👀
stress? or are you implying the crypto bubble is about to 'pop'?
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
good job, you take the content of a previous post from a week ago. how original
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
in case those weren't enough >!pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop pop!<
i thought the crypto bubble finally popped lol
i thought the crypto bubble finally popped lol i'm
where do i go virtue signal?
that double pop though. or is it a single? oh man.
i'm happy i can get more vet for less 😊
wife stole my phone for a hour
who else made the sound with their mouth as you popped them?
well that was a relief
wife stole my phone for a hour!
this shit is unaligned. my day is ruined
the joy of the pop
the joy of the pop.
whoever you are that made this, you’re the real mvp, also this is insane and why is this happening lol 😟🤦🏻‍♀️
i feel better already. why didn’t i think of this
with it i finally can chill after 200% loss
thanks i needed that. we all did…
ahh that was good. thank you bro.
*chomp chomp* hey... you are my algorand!
fuck, this is sweet
*chomp chomp* hey... you ate my algorand!
keep falling!!! i love the shorting going on!!! paper hands will always come out during tough times!!!
i have to admit, this actually helps haha
why did you put circles in the middle of every four squares?
i think it is genius the two blocks(at least on my computer) that are rectangular. forced me to hover over them to reveal spoiler.
bubble wrap ftw , i've done a couple randomised selectors with it for daily entertainment
your bubble wrap crashed the reddit app for me, it is just one of those days...
i popped all the bubbles. it helped. thanks.
it’s stressful that some take more than one tap.
fuck manipulators i aint selling shit
in case these weren't enough >!plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop !<
in case these weren't enough plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop plop
in case these weren't enough
are maa chudi pari h
are maa c pari h
fuck me. made my day. +2
f me. made my day. +2
i needed this, even though it doesn’t provide the same satisfaction as the real thing. 8
this amused me more than it should have done 🤣
i wish we get help just like gamestop did +.+
i was just thinking about how the scarlett johansson character in under the skin is like a redditor showing newbies what to invest in.
pop some bubble wrap and stop selling...ez as that!
was just wondering :.
what you’ve experienced is a correction. technically speaking, corrections are good, without them we’d just get a large, painful crash.
thanks but are we ever going to get out of this red? lol
thank you for this.
what is this sorcery?
popped every single one. challenge: there are 2 double pops, see if you can find them too! edit:spelling
i was really mad until i realized you could pop them babahaha
coinbase is offline again
i've popped it all. can someone explain to me what's happening like i'm 5? i've never so much complete dippage in a long while
bro i am not stressin this shit. i started buying crypto for my nieces future. i am not got a choice but to hodl baby! the future is the future.
multi-touch is failing me so hard right now
i had entirely too much fun w this lol
holy cow i just woke up and saw the prices. what the heck? thanks for the bubble wrap!
damn cool lol 😆
oh they actually pop! i like this ty op
it's not helping! 😱
pop...pop pop pop...pop...pop pop pop pop pop pop...pop...pop pop pop...pop...pop pop pop pop pop pop... pop...pop pop pop...pop...pop pop pop pop pop pop...pop...pop pop pop...pop...pop pop pop pop pop pop...
should i wrap my face?
just here to say that i've lost
this is surprisingly soothing.
price better stay low! i get paid on friday and prepared to dump half my pay cheque into the sale.
i am popping this while listening to max payne 3 theme. max pain!!!
this helped, thank you. now spending the next 30 mins popping virtual bubbles
now this is relaxing
when i had a cat it loved bubble wrap.
yes! it’s 2018 again!
so much fun, i undid it and popped some more! all time high score!
why i will never invest in crypto again
>they really started buying at the perfect time
literally bought btc for the first time in my life yesterday. not a lot of money at all, so it is not a drama. but i feel a bit foolish and amused of how bad my timing was.
i'm going throw a tough time trying to buy on coinvase right now. it's shit the bed!
don’t worry. in july eth will reboot the system
thank you very much. that was pleasently thistracting
4 corfirmed people have killed themselves in the last 2 hours man . this shit is funny
dipshit is a suitable word
i panic sold and reinvested. i made all my money back in 30 min lol thank you ada
what is th- ohhhhhhhh!! i needed this so bad! 🥺
going through a really bad breakup rn and this actually helped calm my gutting heartache for 10 seconds thanks
i made pp from it.
anyone up to buy my kidney ? 50% flat off
this is unsatisfying asf because when i click fast only one gets popped
thanks man, i lost 5k thanks to elon, blessed be his market-manipulating power!
gotta say i love spoiler bubble pop
omg, if you pop all of the bubbles there is a hilarious sound at the end! 😂😂😂
that is awesome thanks :d
shiba inu day today 5!
congrats, i am liquidated, finally i will be able to sleep!!
so many now cracked screens and broken pixels
the thing i miss the most from 2017-run is the sheer comedy after it all crashed. now's the time to shit-post and meme.
i like this chart.
i just with it made the noise.
found 2 places can double pop
not all heroes wear capes. ty, op!
i will add this to my thiscord bot minigames section, thanks for the idea lmao
i do not need to relieve stress. i need to buy the dip but i cannot, cause no exchange allows this at the moment. seems like one of the biggest scams ever .
if you pop bottom left, you get bottom right as a bonus!
the crypto community will never forget your contribution 😘
help my bubble wrap looks like the graph of bitcoin
fingers sore from popping so much... but my mind thanks you
no need to stress. history shows it will rise again. take slow breaths and remember, “this too will pass”.
i need a popping sound
thank you my guy, almost jumped out the window until i saw this.
sitting in the corner popping bubbles for the nightmare that is may
mmm the double pops
is this an ocd test?
hahaha thank you! today's hero
i was hoping there was a secret message but no, just pop.
best thread of the ~~day~~ week!!!! how hard would it be to add the sound?!?!
i need a bigger piece of bubble wrap...
i needed this today hahh
amazing!! so needed this!
i’m still holding, but yeah i popped them all
i’ve been through this many times before. trust me, sell now while you still have something. 1 cent is where all crypto is heading.
this dip brought my average cost for eth from around .00 down to around .00. sold half somewhere in the middle and caught the falling knife below .00. long term we'll be in the green.
pop pop pop boop beep
brah! tanks a lot!! it sure came in handy in those trying times...
ha... hahaha. i see what you did there
tough time? no sir, get excited about the dip. that's how you make real money, buy the dip.
lmao, did you just c? not cool man, not cool.
thank god it is not that unpopable bubble wrap
much appreciated, though my lesbian figures were quick to say "wooo yeah a work out"
thank you so much i needed this
im so stressed i can unpop them
wow thanks! i almost forgot how fucked i'm getting!
soo, why hasn’t there been a movement started to get elon musk’s twitter taken down? fuck that guy
spent way more time than i should have clicking
did anyone else hear the "pop" each time they popped one?
im so stressed i popped them all and then unpopped to start over
out of curiosity i popped open them all in hope there is something else than pop in it.
this sub is more of a joke than revenge coins
thank you. you made me happy :)
i love this 😂
i clicked through all of these to find the hidden message, and can confirm the hidden message is "pop pop".
this is relaxing \*pop \*pop \*pop \*mind - "the bubble popped and you did not sell!" :( :( :( :(
welp... here's that dip y'all wanted...
pop (sniffle) pop (sniffle) ...pop (sobs)
i just poped them all. that’s kind of where i’m at.
oh shit, it is really gone :(
done, can get à bigger one to be done by the end of this dip, i do not have fiat left to buy the dip so need to get some thistraction 😅
no hidden messages only 2 “pop pop”s
lmao. this is smart
it is most unsatisfying when the one you tap does not pop
bubbles getting unpopped, pog
the hero we needed.
did not even know that was posssible. cool.
i want a new one !
i'd like one more please 😃
i can unpop the bubbles?
hahahaha i love this
you are a guardian angel my friend, finally something to keep people to stop check their phones every 2 mins, the stock market gonna do what it do 🤷🏻‍♂️ weather the storm or sit in it. up to you
i need moar bubbles
are you implying that crypto is in a bubble
you need to release this as a game on the app store. goal is to pop them all. if you double tap any of them, start again.
i'm not going through a tough time but i did pop some. just cannot get enough of that bubble wrap.
i do not understand it is just a giant spoiler
matic is doing great. glad i was not afraid of the dip and bought the sale.
eth drops but why does ethdown dro 80%?
you just had to say "bubble", did not you?
>!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!<
virtual bubble wrap for the win. thanks!
haha, i made a dick
thanks! lol just what i needed
*where's my pop tart?*
not the hero we deserve, but the hero we need
colour it red and put [tension sheet]( on it. you'll make millions.
you're my new favorite person.
i like how some of them pop 2 at once. so realistic
pop goes the bubble
oh [beep] it pops!
this is actually a great representation of crypto. its a bubble just waiting to pop!
this is what mooning is all about 🥺🥺🥺
i found that stressful
weirdly this is cool!!!
finally some good fucking food
somehow, popping bubbles at this time seems strangely metaphorical 🤨
why did this actually help
is this a metaphor for the bubble popping =[
these will forever be my favorite posts on reddit.
this is really stress releaving
i broke my phone
this is just as satisfying as the real thing
hahahahahahaha... love it... thanks i needed that
replace 'pop' with 'dip'
and the award for my favorite reddit or goes to...
it's working onfg ty
it keeps unpopping itself! why must i fail at even this?
take my award you bastard and cheers
pop coin get on it it is going to the moon!
this must be all the pops i have been making in the market these past two weeks
this is definitely the best post i've ever seen. thank you. 😊
it reminds me of the dude from community that always goes pop pop
directions unclear. “popping the bubble” reminds me of the big price crash and now am more stressed.
thanks for this, brings some good vibes.
it's weird because the noise if actually popping bubble wrap startles me and stresses me out. but this was legitimate stress relief. bravo.
wut the... how the hell did you... this is amazing
anyone have an idea eth would dip at what lowest price wanna buy in
this was so use full
>!we're!< >!no!< >!strangers!< >!to!< >!love!< >!you!< >!know!< >!the!< >!rules!< >!and!< >!so!< >!do!< >!i!< >!a!< >!full!< >!commitment's!< >!what!< >!i'm!< >!thinking!< >!of!< >!you!< >!wouldn't!< >!get!< >!this!< >!from!< >!any!< >!other!< >!guy!< >!i!< >!just!< >!wanna!< >!tell!< >!you!< >!how!< >!i'm!< >!feeling!< >!gotta!< >!make!< >!you!< >!understand!< >!never!< >!gonna!< >!give!< >!you!< >!up!< >!never!< >!gonna!< >!let!< >!you!< >!down!< >!never!< >!gonna!< >!run!< >!around!< >!and!< >!desert!< >!you!< >!never!< >!gonna!< >!make!< >!you!< >!cry!< >!never!< >!gonna!< >!say!< >!goodbye!< >!never!< >!gonna!< >!tell!< >!a!< >!lie!< >!and!< >!hurt!< >!you!< >!we've!< >!known!< >!each!< >!other!< >!for!< >!so!< >!long!< >!your!< >!heart's!< >!been!< >!aching,!< >!but!< >!you're!< >!too!< >!shy!< >!to!< >!say!< >!it!< >!inside,!< >!we!< >!both!< >!know!< >!what's!< >!been!< >!going!< >!on!< >!we!< >!know!< >!the!< >!game!< >!and!< >!we're!< >!gonna!< >!play!< >!it!< >!and!< >!if!< >!you!< >!ask!< >!me!< >!how!< >!i'm!< >!feeling!< >!don't!< >!tell!< >!me!< >!you're!< >!too!< >!blind!< >!to!< >!see!< >!never!< >!gonna!< >!give!< >!you!< >!up!< >!never!< >!gonna!< >!let!< >!you!< >!down!< >!never!< >!gonna!< >!run!< >!around!< >!and!< >!desert!< >!you!< >!never!< >!gonna!< >!make!< >!you!< >!cry!< >!never!< >!gonna!< >!say!< >!goodbye!< >!never!< >!gonna!< >!tell!< >!a!< >!lie!< >!and!< >!hurt!< >!you!< >!never!< >!gonna!< >!give!< >!you!< >!up!< >!never!< >!gonna!< >!let!< >!you!< >!down!< >!never!< >!gonna!< >!run!< >!around!< >!and!< >!desert!< >!you!< >!never!< >!gonna!< >!make!< >!you!< >!cry!< >!never!< >!gonna!< >!say!< >!goodbye!< >!never!< >!gonna!< >!tell!< >!a!< >!lie!< >!and!< >!hurt!< >!you!< >!(ooh,!< >!give!< >!you!< >!up)!< >!(ooh,!< >!give!< >!you!< >!up)!< >!never!< >!gonna!< >!give,!< >!never!< >!gonna!< >!give!< >!(give!< >!you!< >!up)!< >!never!< >!gonna!< >!give,!< >!never!< >!gonna!< >!give!< >!(give!< >!you!< >!up)!< >!we've!< >!known!< >!each!< >!other!< >!for!< >!so!< >!long!< >!your!< >!heart's!< >!been!< >!aching,!< >!but!< >!you're!< >!too!< >!shy!< >!to!< >!say!< >!it!< >!inside,!< >!we!< >!both!< >!know!< >!what's!< >!been!< >!going!< >!on!< >!we!< >!know!< >!the!< >!game!< >!and!< >!we're!< >!gonna!< >!play!< >!it!< >!i!< >!just!< >!wanna!< >!tell!< >!you!< >!how!< >!i'm!< >!feeling!< >!gotta!< >!make!< >!you!< >!understand!< >!never!< >!gonna!< >!give!< >!you!< >!up!< >!never!< >!gonna!< >!let!< >!you!< >!down!< >!never!< >!gonna!< >!run!< >!around!< >!and!< >!desert!< >!you!< >!never!< >!gonna!< >!make!< >!you!< >!cry!< >!never!< >!gonna!< >!say!< >!goodbye!< >!never!< >!gonna!< >!tell!< >!a!< >!lie!< >!and!< >!hurt!< >!you!< >!never!< >!gonna!< >!give!< >!you!< >!up!< >!never!< >!gonna!< >!let!< >!you!< >!down!< >!never!< >!gonna!< >!run!< >!around!< >!and!< >!desert!< >!you!< >!never!< >!gonna!< >!make!< >!you!< >!cry!< >!never!< >!gonna!< >!say!< >!goodbye!< >!never!< >!gonna!< >!tell!< >!a!< >!lie!< >!and!< >!hurt!< >!you!< >!never!< >!gonna!< >!give!< >!you!< >!up!< >!never!< >!gonna!< >!let!< >!you!< >!down!< >!never!< >!gonna!< >!run!< >!around!< >!and!< >!desert!< >!you!< >!never!< >!gonna!< >!make!< >!you!< >!cry!< >!never!< >!gonna!< >!say!< >!goodbye!< >!never!< >!gonna!< >!tell!< >!a!< >!lie!< >!and!< >!hurt!< >!you!<
all right reddit, who actually popped all of them?
finally something other that 'elon bad'
okay this is awesome. i was looking at it for a while going this image is shit. check the comments and people are popping them. scroll up and wouldn’t you know it works. thanks op
yeah! but without sound! i am crying over here 😭 how could you have done this to me!? u
this is some quality shitpost here!
nice change of pace around here
this is the best kind of bubble wrap! you can unpop the bubbles!
yup. helps a lot
especially when you could unpop the bubbles
respect your bubble wrap popping mindset
wtf is a penny some boomer thing?
it is a virtual ticket, you have to scratch it with virtual currencies
i’m been using a pair of compasses and still no dice
with your worldly possessions you mean?
and if you reload the page you can just keep going!
you rarely know what you need until you have it or lose it. this is one of them
yes, never knew i needed to pop virtual bubbles until now
i popped them all,and im happy
indeed, best post of the day and the week
should i go thru the whole thing to find the hidden penis?
woah mate, chill on the homophobia ;)
it’s for spoilers normally. really clever use of it quite honestly.
my phones been hacked
sorcery is! this what
i think it is one of the top posts of r(maybe both)
spoiler alert: >! it’s spoiler tags!<
spoiler alert: >!it’s spoiler tags!<
this comment is streets ahead!!
i actually say it out loud lmao
yeh, that one got me too.
just what i was looking for!!
i unpopped a few. what kind of devilry is this?
and to buy more eth
>!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!< >!pop!<
ah yes, the 2017 strategy
like a massage for the ears.
dang it should’ve tap it lol 😂 good work!
hope your modest 0.5 eth recovers
most paper hands got out of gme months ago and likely stopped paying attention. they probably never even migrated from . superstonk as a sub is made up of only people that were able to sit tight and not sell. the folks that bought more and averaged down and kept in it. paper handed folks are long gone from gme at this point. this sub was not born from the fires of another sub in the same way, leaving only the most diamond of hands to hang around. still a mix of lots or types of investors here.
i’ve only very recently started investing like a lot of people, so i’ve not got a lot of crypto and even still i’m finding it pretty scary haha.
don't want to spoil it for you.
no but i noticed from looking at your history that you posted something similar. no i didn’t copy and pasted your comment. it was a coincidence as this is a common post on reddit that i came across months ago from copypasta. i apologize if you felt that way but rest assured i didn’t copy your comment
how after all these years am i still getting rolled bro 😎
i popped random bubbles: "give" "up" "and" "cry" is this a sign from god?
i popped all the bubbles out of respect
the first word i popped was “gonna” and i knew... then i popped “never” just to verify
not even angry about it
did anyone else pop these bubbles to the beat of the song? i felt much better about being rolled
fuck yeah, i popped it super fast so it is the version where he rocked it out with the foo fighters. now i'm jumping!
i'm interested how do you make these
someone should post their mnemonic phrase to a crypto wallet holding enormous funds just like this.
i saw this coming and popped them anyway... while singing. i've been rolled so much that that is what it is come to.
this is how a villain’s origin story starts.
**if you wondered what he said but too bored to tap all the spoiler alerts:** ' we're no strangers to love you know the rules and so do i a full commitment's what i'm thinking of you wouldn't get this from any other guy i just wanna tell you how i'm feeling gotta make you understand never gonna give you up never gonna let you down never gonna run around and desert you never gonna make you cry never gonna say goodbye never gonna tell a lie and hurt you we've known each other for so long your heart's been aching, but you're too shy to say it inside, we both know what's been going on we know the game and we're gonna play it and if you ask me how i'm feeling don't tell me you're too blind to see never gonna give you up never gonna let you down never gonna run around and desert you never gonna make you cry never gonna say goodbye never gonna tell a lie and hurt you never gonna give you up never gonna let you down never gonna run around and desert you never gonna make you cry never gonna say goodbye never gonna tell a lie and hurt you (ooh, give you up) (ooh, give you up) never gonna give, never gonna give (give you up) never gonna give, never gonna give (give you up) we've known each other for so long your heart's been aching, but you're too shy to say it inside, we both know what's been going on we know the game and we're gonna play it i just wanna tell you how i'm feeling gotta make you understand never gonna give you up never gonna let you down never gonna run around and desert you never gonna make you cry never gonna say goodbye never gonna tell a lie and hurt you never gonna give you up never gonna let you down never gonna run around and desert you never gonna make you cry never gonna say goodbye never gonna tell a lie and hurt you never gonna give you up never gonna let you down never gonna run around and desert you never gonna make you cry never gonna say goodbye never gonna tell a lie and hurt you
thanks for helping me find my seed phrase from 2017
i laughed so fuckin loud
this does not bode well for my cracked screen protector
>!wonder!<>!how !< >!long !< >!the !< >!guy !< >!who !< >!made !< >!this !< >!spent !< >!on !< >!this. !< >!gotta !< >!love !< >!some !< >!people's !< >!dedication.!< >!screwed!<>!one!<>!up!<>!ups!<
im crying at this. its beautiful •́ ‿ ,•̀
never gunna know inside game? hmmmmmm
man, i'm still falling for this shit lmao
yeah, i just spent a few minutes of my life popping all the bubbles and i do not regret it!
i'm on mobile and they all popped with a single click ; ;
but did you reload and pop them a second time?
on rif app it is easy since you only have to click once to remove reveal all.
“always be fearful, never panic!” – andré kostolany
at least they are not treating him like a gift from god that has done nothing wrong. it was getting really weird.
instruction’s unclear. ate bubble wrap
fiat satoshi. only worthless.
instructions unclear. sent all my bitcoin to nigerian prince.
just press again to unpop.
i've been doing it all day! i should take a break soon
huh... so your saying i needed that 50% of my portfolio value over the last week?
only until you lose it. you do not realise it is value when you have it.
rush limbaugh is posting from the grave.
it satisfies me, even if i do not need calmness 😂
alternativecap9092, stop trying to coin the phrase streets ahead
i do not think you got the reference
instructions unclear, bought meth
buy at eth at ath, got it.
bought my biweekly amount and then this happened immediately after, started last friday. my only regret is not putting some .
oh, very kind of you.
okay, no problem. it was a coincidence then. thanks for reply :)
i think ricky boy may be my first tattoo.
when i was in 8th grade, i had a huge final project video presentation for a science class. crunched the numbers with my partner and decided we'd get a 90% even if we failed. we rick rolled the class following the 30 second intro. i'm 25 now, we got b's in the class. no regrets.
why after all these years am i finding this satisfying?
its such a great song though...its always funny...if it was a terrible song...things would be different. the song is like something nickleback would sing, but only good.
there's an infinite number of ways to get rolled and i'm going to get played by all of them
the real god created us to fail. you know, as a joke.
i'd give you gold but i do not have any so here 🎖️i've never laughed out loud from a comment like i did and i've been on here for years.
coming soon, just wait for it. this is going to be a massive surprise.
yes that was my first time popping virtual bubbles and was sort of weird but at the same time tension relieving too.
i have not had that much fun popping virtual bubbles... damn my life is low
good luck on the other side, rip.
that one special bubble got me by surprise.
all of them? just refresh the page
here is your trophy 🏆
well, you're not supposed to step on it!
ah, but have you named them yet?
no i unpopped them all by clicking in them again.
no bad! get out of here!
ah shit, here we go again... ahaha
instructions unclear. bubble wrap ate me
sir you're supposed to smoke it.
jokes on him by the end of today bitcoin is going to be worthless!!!!
he probably told you he give them back plus 100k?
pffff, you're streets behind.
oooh magnitude got it now thanks
instructions unclear, meth bought me
this is the only way i know how to buy anything
*is that de wei?* (ignore me, i am old)
feeling like a kid again♥️ i loved popping bubble wrap when i was 5 or 6
you are a king living an exquisite lifestyle. don't be so humble sir 😉
you can unpop and repop it too.
my heart jumped when i got the double pops.
you can unpop and repop it too. i need a hobby damn
ah, but have you looked up the bubble wrap supplier to draw out it is family tree yet?
i like that you made just one different.
you would not make me late for chicken fingers!
he's got it! pop pop!
i work part time at a hardware store and it still hits the same
now change to dark theme like every other sane person :)
masterbater! i’ll show myself out.
well, slimmg8r britta-d it once again.
gotta love that guy
haha yeah but my dad literally pulled up to preschool with back up stashes of bubble wrap so i wouldn’t act out on the teacher 😂
idk about everyone else, but i just cannot go back to light theme for anything reddit, ides...fuck, i even have a dark themed notepad light theme hurts my soul
i appreciate a good queue when i see one. source: am british
there's a good chance this conflict will be solved from within russia. you can feed russian people all the thisinformation you want, you would not be able to hide empty shelves, worthless ruble and skyrocketing unemployment.
so can they actually pull out us dollars?
honestly this will be awful for the russian citizens, but if you look at the bigger picture, the whole of ukraine is suffering under a russian invasion, they have it much worse. hopefully this will shake more of them out of apathy and they will try to harass the russian goverment.
russia's gdp is about the same as florida's. and they have brilliantly decided to spend about a 3rd of it on an invasion that is very unpopular with their own people and is making them into a global enemy of the world. and they are not even necessarily winning...ukraine is holding it is own. if putin immediately called his troops home and then resigned in thisgrace, there would still be hard times ahead but at least it wouldn't get worse.
i’d take a bet not a single one wants to be fighting ukraine, it’s the rich wanting more riches all over again.
feel sorry for the russian citizens to be in a situation they have to suffer tremendously due to their leaders. as usual - the "elite" and the people responsible will not suffer much from this anyways.
in russia we only have one atm 😂
meanwhile mempool transactions clearing at 1 sat...
pickpocketing just became a six figure income again……...
they are all thinking……”gosh that putin is a great guy for starting this chaos!”.
question: in a war, does it even work having cash on hand if it is worthless? if a big local or even global conflict breaks out, cash is only worth what the receiver thinks its worth.
the media will probably spin this against the rest of the world. not fair on the russian citizens but still "putin uses bitcoin to fund war" or some shit.
in soviet russia banks run you!
rush b(ank) no stop
do atms hold that much cash?
feel bad for the russian people who don’t want this war, they will suffer their leaders choices.
guess they oughta do something about that fucking dictator, then
sooo theres a russian the atm's?
i cannot help but notice something about their body compositions. they're all fit. is common obesity just an american thing or?? (being serious not trying to be a dick i just do not think i've ever really thought about it)
communism sux. socialism sux. small government that gives you freedom, that is what i want. get off my back and out of my way...and stay out of conflict. is that too much to ask?
see putin did bring back the soviet union!
they can thank putin for this. hopefully the population turns against him. i think that would be the best weapon to remove him
the sad bit is that they are queuing to take out rubles, which is mostly going to be useful as emergency tp. what they really need would be foreign currency, but good luck getting that in russia.
all i see is russians not protesting war
they need to make a run on their government officials, starting with putin.
tell your dictator to stop and you would not have to do this!
might be stupid of me but wouldnt it be better to open up accounts on revolut or crpytocom or stuff like that transfer all the money out instead of waiting there? yes i know that only thing they have to do now is stand in a line to get the cash out and maybe cash is better in those situations just my thinking...
swift ban will destroy moscow but might push crypto north
this reminds me of the 2013 bank run in cyprus. could cause bitcoin to rally...
bitcoin is going up
this is why we all need crypto currency
btc about to 🚀
bye bye russian economy
can confirm, i tried four different terminals and none were able to give me cash.
i heard many russian banks are now limiting withdrawals to just
if it is anything like an american bank. they will soon find out the branch does not have cash to liquidate their account. three out of four chase branches in utah did not have enough cash to give me to buy a used truck. it's a debt system.
and this is why we have the btc
there can’t be enough cash in the atm can there?
ah yes, take out all the worthless monopoly money you can get your hands on.
poor people, the longer the war takes the more they are going to suffer. it's not even the russian people's fault it is their government fault but they are the ones who are going to suffer the most...
i’m sure they’ll be completely happy with putins decision making
this is nothing to celebrate. sanctions hurt everyday people including those who oppose their country’s actions.
how unfortunate the citizens must suffer the consequences of their shit leader
russians are in so much better physical body shape than americans.
not to be a downer but bitcoin would not help them. you cannot buy thing with bitcoin in russian stores, you cannot pay bills. with swift ban in action they got no way to use their digital money. heck, the next step might be to cut off russia from the worldwide internet, that would hurt. in a situation like this fiat, gold and valuable goods (coffee, ammo, alcohol) is what will be tradable, fiat will fall over time but the rest remains. bitcoin? a good place to store your illegal money if you're part of the rich elite fleeing the country, ready to exchange it to dollars
drain all the rubles, leave nothing left for those pigs in power comrades
i hope they get on the lifeboat which is bitcoin
basically waiting in line for toilet paper
looks like a money rush in russian banking ecosystem. glad to see
russians will own more bitcoin than roubles in the coming weeks.
dont the people at the end of that line know an atm has a limited amount of cash? unless it is refilled they will never get anything.
that atm is going to be emptied way before the last person in line reaches it.
your money isn’t safe in the bank
i know how this movie ends... as an argentinian who lived 2001 crisis.
i hope all those people in this queue and just the russian people as a whole know that us regular americans do not want this chaos for them or for the ukrainians.
also russian invaders in ukraine started to looting exchange offices and markets had been evacuated. it was in the news with videos. this is out of control🤬 go home russia this is not russians land! viva ukraine 🇺🇦!
i dont want the everyday people of russia to have to suffer because of their bitch ass pres- i mean dictator.
it is sad to think of all the innocent families being harmed by their leaders aggression.
go fuck yourself 🇷🇺🇷🇺🇷🇺
i’m sad for the citizens. the poor’t want the war, and they are most affected in the real world.
sanctions will hurt the poor more than anybody else
putin is trying to create panic in ukrain, but russian citizens are the ones that are starting panic. 😂
people suffering everywhere for mens egos.
well, a bank run made trudeau back down. maybe it will work with putin, too.
i’d put all my money into crypto in a stable coin.
i don’t think they trying to do a bank run. they just trying to get cash.
if this is true it’s so sad. it’s the regular folks and working class and lower class that take it on the chin. as much as i love owning btc i hate seeing shit like this happening to people that likely worked hard for their money. it’s heartbreaking to see all your cash and local assets decline by double digits in a day. for crypto holders we get it and fuck were immune to it. but folks that are just trying to do the right thing get the short stick in times like this. what a time we’re living through right now.
i feel for the people
russia's banking system is fucked. now they will invest more usdt in bitcoin to avoid sanctions and inflation.
the answer to this problem is crypto!!!
the guy who is supposed to be protecting them is causing this to them right now :
most major currencies are at least 95% digital(97% us dollar) so it should not take long to empty the banks.
in soviet russia, bank robs you.
until the cash runs out (only 3% of the money in circulation are physical tokens i.e. cash). there is not enough and its valueless now anyways because your dictator fucked you. putin knows how to fuck his people hard in the ass!
wait... this is an atm right? so i do not see the point there is not going to be any money in there past the like 20th person.
incredible that this post is 15th of all time!
swift sanctions wasn’t actually engaged yet
"bank runs" coming to a place near you! buy bitcoin!
what makes me wonder: - russian trolls claim most russians do not know it is putin who started the war for no reason because of propaganda and thus backing of russians is still strong - yet 12 hours after swift removal was agreed on every russian runs to the atm russian propaganda only seems to work if they can use it as an excuse claiming they 'did not know' about the war crimes. smells like germany 1945.
all these people should be protesting putins senseless war. instead they stand waiting to hoard money that will soon be not nearly enough due to the insane inflation they are about to experience
i look at this and just see the value of bitcoin on the up, no surprise.
i feel almost as bad for the people of russia.
russian people suffering for what the government does. very sad end russophobia
enjoy your great depression russia. guess you are going to have to finally do something about that asshole. maybe show an ounce of the ballz and swagger that ukraine has. wtf are you doing? handle it.
good thing i got my self a ledger back in 2017 when i got into crypto never thought i would see this happening in canada 🇨🇦 when the gov imposed emergency act. where your own money taken & bank will be closed without a court order
they had more than 72h to take his money and they did not
they all sit on the iphones while they send their poor to murder ukrainians. disgusting.
good. let the average russian feel the pain of enabling a monster.
if you have any russia currency ! sell for a loss . let's hurt these fuckers . (i'm not talking your life savings)
should have bought trump flavored crypto
hope it hurts like hell, enough that the russian people are so mad theyll overthrow their government to fix it.
what do you think these people are going to do with bitcoin lol it’s not like they can go into a russian corner store and buy bread with it. you guys are out of touch posting shit like this pretending bitcoin is that answer to everything.
i like how this made btc drop
russia got some cute girls there no 🧢
good they must all suffer untill they turn against their government, which is the only way for the west to win without using nukes or troops
uh well the video is a bit misleading. this line is actually for the subway sandwich shop out of view. subway stated they will not export herbs & cheese bread so people are going crazy.
bitcoin won’t protect wealth. it’s nothing. good way to go broke
fuck usa…... the sanctions are for the russia government or to the citizens??? i hate when governments makes decisions that affect directly to the citizens that had nothing to do on putins decisions…. fuck every government around the world trying to be the fucking world police…
now the next step is to thank their president.
i was in mexico awhile back (december), and it was like this every day outside the banks there. i asked someone and they said it was normal. i’ve never been to russia…but maybe it’s normal there too?
young russians are experiencing what long queues were like for their grandparents in ussr.
best way is to take all your money out and keep it under your mattress ...
i read that swift ban is not affecting yet oil and gas, does anyone know how much (in %) of the total swift transaction amount is oil or gas related?
why i are not they converting to crypto?
... i wonder how many millions hiding in this small atm :)
that's my bank que for a teller!
in putin russia bank runs you.
their parents were used to waiting in lines. line up fuckers, overthrow putin!
this invasion makes no sense the repercussions are massive for the people
just all in btc its better
i do not see any military or government officers in the line here, only the common people suffer...
are they queuing to take their cash out or for a bitcoin atm?
they should ask themselves how this could happen and join protests on the street that one single man and his surrounding is ruining their life
funny thing is they announced that recently instead blocked and banned in the middle of night ! that’s give millionaires and oligarchs transfer money to brazil , caymans , british virgin island and use this as main bank account. pathetic respond by eu and u.k.
the sun is called bitcoin for a reason. take your propaganda and push it up your ass.
whe have seen what fear at a bank called dsb bank in the. netherlands did, lot of people took of their money whithin a day the bank was bankrupt and gone forever.
well ivan, it would appear that starting a global conflict in 2022 is rather costly.
what a shame, if there was only a way for russia to have avoided this.
russians understanding the value of the ruble is collapsing: "hey, i've seen this one before"
the theives got it made today
this warms my heart. it really does.
can't people just yse their cards to pay and not take their money out
one moron’s greed of power is ruining the lives of many.
aaaaaaaand it is gone.
why are they so late on the news? aaaa propaganda
older people relying on state news are not queuing.
ooohhhhh, this is why this is happening! so they have an excuse to fuck with bitcoin
why is there no argument yet? source: am a singaporean
bitcoin atm transactions are pretty damn slow too. i do not think i've ever done one that took less than 10 minutes. that line will take many hours.
what do you do wanna money when shit is blownup
there's a lack of running. i always assumed a bank run is where people run to the bank but they are all waiting patiently in line.
because of an idiot leader, the people are going to suffer. fuck.
how much money do those atm hold?!??
they all look so tall.
i wonder if they know the reasoning behind it...
seems like a pretty young crowd
в россии 94 банка, swift отключили 5, карточки отключили 5. рейтинг форбс украина - топ-100 богатейших украинцев в 2021 году 25 миллиардов долларов! помогите им!
quick! while the military is in ukraine the citizens need to rise up, storm the kremlin, and remove pooter!
seeing that long line . . i cannot help but wonder how many of them young people in that line remember hearing about the lines their parents had to suffer with during the time of the u.s.s.r. and if they are wondering if that way of life is about to come back?
your dear leader caused this
this only becomes a successful action if they take to the street and complain to the supreme dictator. as long as they are willing to stand in line and put up with it then it was pointless.
at least its not a bread line like in soviet days.
they can’t be enough in the atm for all of them right?
and in a few weeks they can only buy potatoes with their money, since no one wants to export anything to them. good thing! poor people but you choose poetin, so now deal with it.
protest by taking your money out of the bank? brilliant!
as a cuban can confirm that is a good queue,
putin really has his own people going through hell over his impulsive behavior
when the canadian government started freezing the accounts of those who dared to mock the dear leader, many of us started withdrawing cash. i'm still doing it but thankfully i do not have to line up.
please share and donate.
the entire country of russia is about to find out the hard way what fractional reserve banking is.
those people are clearly not in a queue but standing on line source: new yorker
everyone rushes to buy a vr headset ...
maybe they should be out protesting this foolish assault instead? this is not going to end until russia stands down. they do not have international support, particularly amongst neighbors to the west.
bitcoin is still free to buy, sell and trade in russia you say?
what happens if your money in stock market?
should ask them how the feel about invading a peaceful country now.
the country is in meltdown mode, the invasion is certainly not going as planned and putin is getting obviously increasingly desperate making nuclear threats. fuck you putin, do not start none, would not be none.
i see so many happy faces. shame
are we gonna start sending crypto to the russians now?
i honestly hope it was all worth it for putin.
russian propaganda blaming this on america in 3…2…
now the banks will collapse even before getting cut off swift. psychological warfare at its best.
the poor civilians have nothing to do with it. just putin and his oligarchs ruining their country.
standing in queue. wasting your own time to withdraw your own money. time is money. the whole principle of having banks is flawed. power to bitcoin.
i've met more russians that thislike putin then like him.
the banks are about to go on a “bank holiday.” source- american
bank runs coming to a town near you!
just adopt crypto russians ,,,or hex.com
this isn’t good. going to put more pressure on russia to nuke europe.
oh great, let us give russia nothing to lose, cut them off from any incentives to hold any sort of connection to the west and force them to ally with china. don't get me wrong, putin deserves to have his head on a pike but that is such a useless escalation. it's great for bitcoin, though. we can hodl all the way through nuclear winter.
one video of one queue for an atm does not equate to proof of a bankrun. this is clearly clickbait.
these people need to pay for one guys arrogance. so f’ed up.
hate what russia is doing, but bitcoin solves this.
russia will take china's international payment system. if you think about it pudding is silly dumb boi for not realizing this would happen
instead of lining up at an atm they should be lining up at their government offices.
i hear the max withdrawal lot is . if true, dam they are waiting quite a bit for such a small amount...
none of them are overweight
smells like another russian revolution for me.
russia will have a new leader soon enough
the value of the rouble will tank further and further best get your btc ladies and gents. roll up roll up!!
media industrial complex and new world order agenda have you all hypnotized and fooled.
like a usual day in johannesburg 🤞🏼
bet they wished they had physical gold!
when everyone start taking out money, the bank is done. because they do not have enough money. they have 10x less than people actually deposited.
they’re queuing at the wrong kind of atm.
crazy question but since no stores are currently accepting crypto and a majority of crypto transactions happen digitally. isn't indivuals taking their money out a bad thing for crypto since it means less indivuals have the necessary funds to buy crypto. essentially also trapping our money on the block chain as well.
it is so sad for all the people that just want to live there lives and are to afraid to stand up.
they should rise up against putin.
better get your money out of the bank now! better off under your bed or in gold than in a russian bank.
i wonder if they have to do 5,000 squats now to get a free ride on their metro due to inflation.
are they all lining up at an atm? because if so nobody passed that 1st bend is getting any money.
back to 90s is a good punishment.
prayers to all ukrainians!
there is no swift ban, wtf bitcoiners you are supposed to be better than this!!
it must suck to have the government control the news. smh
sad to see putin and his cronies are hurting the great russian people with their barbaric warmongering.
sucks because these people had no say in the war, but now is time they need to step up and be the voice of reason. young men don’t have to die for the politics of old men.
particlmarketplace.shop will replace markets it even has a safe escrow system to buy or sell goods using crypto.
i do not know where you got such a beautiful picture. i used an atm today. moscow. i did not see anything like that.
next news story: home invasions skyrocket in russia because everyone has life savings in home
sad to see so many people who just lost their financial future because of a small dick loser who looks fat and shitty in every press conference.
this probably has nothing to do with swift or sanctions. everyone just wants to make sure they have cash during tumultuous times. it probably won’t even result in a bank run. it’s unlikely that these people are withdrawing everything, just enough to get by for a bit.
do that many people really think there’s actual cash for them?
russians needa find out about bitcoin
we call this a disney land. i’m from usa.
their money is not going to be worth the paper it is printed on.
everyone did the same thing in 2020. everyone must need toilet paper in russia
will the atm even have enough cash for the whole line?…
\*\* rubs hands together in decentralized, autonomous finance \*\*
it’s always civilians who pay the price. at least their homes aren’t being blown up.
this will make the ruble fall more right?
i hope this is not a stupid question. but why cash vs just using debit?
they're about to find out that their fiat is not really theirs.
i'm guessing they will move to cips and other swift members will realise maybe it is not as vital as they thought 🤷‍♂️ could be a nuke on their own financial system tbh.
lol they just found out? government did not even warn them? putin
clearing and the swift messages are two different things, swift is a contractual proof of willingness of clearing of a transactions. instant clearing through germany, although upcoming aml.k... non-instant clearing by bank-to-bank debiting nostro are and will always be there. e.g. china owned bank of kunlun is created for sanction workaround purpose.
how does locking international funds affect the internal banks? are russians pulling money from atms that are linked to international funds?
this is probably the real strategy.
i thought the swift only affects international transactions and domestic transactions are fine. can someone elaborate?
there is no way that single atm is gonna hold enough cash to cover 1...
it’s their problem and they’re welcome to it. putin sucks
should have invested in the ransom currency. all the rich people now need all the poor people to buy in so the rich can sell and leave with more profit.
that sucks but those people were stupid not having a lot of cash on hand before this happened . they were building up for how long ?
meanwhile the people over in , lol.
if you buy bitcoin you can still pay world wide.
this is bearish 🤣🇺🇸
a bank run during a pandemic during a war. poor poor bastards
quick put a bitcoin sticker on the atms
when tsar decided to share his trouble with u
the fun starts. these are just young people and are savvy enough to know what’s going on. wait until the older folks realise and the banks have nothing more for them. maybe then they might reassess their loyalty to the soviet era strongman figure they so adore.
dang i wouldnt expect an atm to hold very much. like -40k usd? and rubbles are worth way less… those folks at the back are going go be thisappointed.
atms have limited cash so…
wow a bank run? this hasn’t happened since the 1900’s
get the sweet taste of supporting a dictator for years.
no wonder it is dropped like a rock today
i feel sad for these people, having to face the consequences of one man’s doing.
sad. just normal people like you and me trying to feed themselves and live their lives seeing this gives me the urge to catch
i migth be wrong but. doesn't swift ban affects more to foreings living in russia than russians? not a regular user of swift system so i might have made an stupid question. don't be to harsh :-p
i love her coat
first canada, now russia. thank god all my savings is in cold storage or pms.
yikes it will be empty for those people in the back
the quality of that queue reflects the seriousness of the situation.
meanwhile people are still dying in ukraine
can’t buy crypto if you can’t access your rubles
cryptocurrency fund for charitable organizations in ukraine. let's stop the war. let there be peace. in crypto we trust, for ukraine, we pray. or
the wait in these lines is easily over the normal 1 confirmation on the bitcoin network.
doesn’t matter if putin keeps it up the ruble with be worth rubble by next week.
everyone’s russian to the bank
so much effort for like 12.50£
the soviet people have found something worth more than money! decorations from the people’s party!! za trudovoe otlichie
what are they withdrawing & will it be worth anything?
similar situation when trudeau froze accounts in canada
banking sanctions in canada and now russia. make no mistake there is much more going on than what it appears.
so is this like the only atm in russia?
so is this like the only atm in russia? it can’t hold everyone’s money!
hey! considering the current invasion: is not this one of the examples where stopping a payment system from working is good? isn't this an argument against bitcoin, considering how capitalism would continue funding the russian war if they would have an uncensorable cryptocurrency as their main legal tender?
in france it is queue as well , in canada is a line
a queue means as well a dick from france
there’s not enough money in those atm’s for all those people!
could you imagine waiting that long in line to get what will be worth less than toilet paper tomorrow?
no one to blame but putin.
russians can stop this. russia is more than 1 man.
crypto would be ok, because internet access is totally fine
how much cash does those lil atms hold lol
queing in moscow. next thing black market of jeans and rock'roll vinyls explode. (you have to be old to get this)
“russian people, go fuck yourselves.” -putin
they need to queue outside the kremlin and withdraw putin and his cronies
they are literally withdrawing toilet paper.
a good and swift line
i guess the russians are not to smart. think the atm has that amount of cash in it?
sucks for their citizens. at least their homes aren’t being blown to bits and they aren’t having to arm themselves with zero military experience. maybe they can put some pressure on the government to stop this madness!
this will definitely be good not only for btc, but for tether and other usd-pegged stablecoins
at the end, he says “at first, i thought it was the line for the toilet!”
these people enjoying the comfort. pick up arms and go fight
if i lived in russia, i'd be so fvcking p1ssed about this...
russsian to the bank!
you have to feel bad for the normal russian citizen who just wants to live their lives and their pos coward leader decided to fuck everything up.
putin’s oligarchs are going to be hemorrhaging money. the citizens should open accounts overseas and bankrupt putin and his entire government.
yes. lets steal the money of the people and lock them out...
their about to get hit with a recession😂
hey why do not we all go do this right now?
gotta love it. might be a revolution!
i am so pleasantly surprised at how badly things are going for russia. bank run?? putin is fucked.
ah yes. stable fiat i see
soon, to a city near you
me going to the comments for some facts about what is going on, only to find some of the most intricate breakdowns of ques and lines.
they gettn pissed. its about time they do. been going on toooo long.
did you mean to say, "cue"? source : i'm nigerian
wait until they find out their bitcoin can be censored also depending on where they get it.
oh i’ve seen this one before. russia hits hard economic times during a war. forgot how it ends tho.
crashing the russian economy even further any% speedrun
reminds me of the most polite black friday i’ve ever seen. source: am american
depspite me throwing my full support behind the sanctions, this is a sad moment that should not ever be celebrated, but just considered as a necessary evil.
i do not know these people. they must be que-anon!
convert to bitcoin and everything will be fine.
its always the citizens that truly pay for the war of a handful politicians.
i mean the russian government has been stockpiling gold and precious metals. the smart citizens usually do the same in times of unstable governing.
the soviet union is back, baby! wait for that bread!
they need to keep queuing at protests throughout russia, too.
was that colty at the end
why do they have smart phone if they can’t see anything outside of their country. or do they have internet?
people in the us think people in russia are all old women in villages or hoodlums in sweat suits. i wish people realized what putin is doing to these regular people who just want to live their damn lives. go to the mall. text friends. grab some food. but because he has to invade another country like a psycho, these people won’t have access to money anymore.
i feel bad for the civies like yes it had to be done but they are not the ones that started this
i feel bad for them. being a normal 'aint-war' russian must be hard right now. being looped into the negatives brought on by people outside of their reach.
i hope they take it out on putin somehow. of course these people are all innocent but the person who's responsible needs to pay somehow.
forget rubles, go for the toliet paper... or does it work for both now?
it just sucks…it all of us man. just regular people getting boned by these stupid ass government officials. no one wants to go die in some stupid war…just when i thought my faith in humanity couldn’t get lower, here we are talking about ww3. where’s a chicxukub when you need one…
innocents caught in the middle... get putin out!
putin is to blame. these people do not deserve any of this. the consequences of putin's actions are going to destroy his people
i feel bad for the russian people, but your government did this to you, not other countries.
nyetski no problemo we will buy potatoes instead
i do not think the atm has this much cash
russian please take your number, wait time about 10 years. you are number 612390876! long love ukraine
i feel bad and sad that this has to come to the russians…they suffer so much because of their stealing dictator already
and its gone ! please step aside for customers with business with the bank.
russians are now the must hated ppl on earth lmao. way to go putin
there is not nearly enough cash in those atms for all those people.
crypto is next. for people who invest in crypto watch out. not a financial advice btw just my openion.
that atm is going to be empty way before that line is.
i feel sad for them because the only people these sanctions are hurting are the russian public
will russia switch to crypto? some countries already looking into it.
everything works as it did. no changes.
this ukraine war is seeming very strange. i genuinely think putin wants to lose this part of the war, wait for the "negotions" to fail, and then he can make an excuse that he tried and will then send the whole kit and caboodle ukraine. zelenskyy must know this since he is not dumb. putin will also most likely make ukraine give up a hell of a lot to end the war, purposely making the deal as bad as possible. putin is not dumb either, although i'm sure people will say otherwise. he may have given too much credit to his propoganda machine and probably did not expect his citizens to become so enraged. it also feels like something is missing from this entire scenario and i think those gaps in logic as to why this war is happening (the fact the russia soldiers allegedly did not know this was going to be a war, among other thing) , is something that only putin and his advisors. people need to realize that this has only just begun. i wish i could do more but for now i'm only able to send my prayers to those lost in the war, and praying for ukraines victory.
it has begun... cascade, effect of pulling money out of the system. the great oppression instead of depression.
what do you mean they have “found out”? it’s not like the russian media blocking any of that, lmfao.
remind me of disney parks.
that already started at the day of the invasion.
yoooo i have cat
i saw a russian influencer named niki ploshin post that his tinkoff bank was charging him 10% to pull out money during this time 🤯 so dang crooked to profit off a crisis like that.
almost every russian citizen would love to play soccer with putin's head right about now.
great, whatever our governments did, i like to see it has tangible impact on people. i was afraid the sanctions would again be just a paper dragon. i feel sorry for those people at the same time. it’s now up to them to realise how wrong is their leader and a growing critical mass has to remove him.
i have been in this place yesterday, feb 27. buying food from the perekrestok store (green sign). saw 3-4 people pulling or adding money. my sberbank apple pay worked without issues.
i feel sorry for the general russian population who are not even supporting this war nor this dictator and are now suffering the consequences of the decisions of an egocentric paranoid old man and his yes man...
sorry this might be a dumb question, but if the swift ban happens, doesn’t that make russian currency useless? would any other country be accepting russian currency? what is a swift ban?
guess they cannot even use usdt now
french newspaper le monde says sberbank europe has the same issue in czech republic and other countries. everyone trying to leave at the same time.
something tells me americans are going to be doing worse when putin cuts off russian oil in response. it's already pretty hard as it is with the restrictions imposed already + everywhere else is possible
this really sucks. some creative people i really like use subscribe star as a patreon alternative and they are now kinda screwed because subscribe star is russian.
little do they know their lives are about to become miserable. all so their leader could feel strong. unfortunate. fuck putin.
russia has a huge trade surplus. one way or another foreigners need to pay for russia's resources. dollars and euros are now useless to russia so they will start demanding payments in gold, rubles, yuan and perhaps eventually bitcoin.
send it to a reputable cryptocurrency exchange like kraken or bitcoinsuisse trade it for a stablee coin. i don’t think kraken or bitcoinsuisse have ruble pairs if they got revolut real quick they would be able to send pounds, euro and about 10 other types of currencies to family it would also mean they could buy food and drink while they still can. i’m not siding with russia, innocent people in russia have been effected by this as well.
that is a long line to begin bruh.
finally some good news
imagine standing there is that queue. you're leader has started a war, the world is against you, the value of your money is rapidly deteriorating and you cannot get a flight out. i feel for the average russian trapped in this mess.
holy fuckkkkkk this is why you buy bitcoin holy shit
begun the first crypto war has
more examples of use cases for bitcoin.
me see long queue me join queue thinking something must be free lol
а может они пересекаются одна очередь в туалет другая в банкомат
i guess the russian central bank’s decision to raise rates from 9.5% to 20% overnight is working, or else that line would have been twice as long.
watch putin fuck his own people, live at 10
who told them? who writes this garbage?
i love russia 🇷🇺❤️
is this why bitcoin is falling?
hopefully anonymous, cia, whomever is doing whatever we can on the info warfront to make it clear the these folks exactly what's happening and why. need to direct that anger appropriately.
while some here are thiscussing the differences between lines and queues, we germans welcome the world wide sanctions against russians, the federal initiative for upgrading our military and the confidence from our chancellor (according to this statement that we must be able to force through future german interests).
that should be a bitcoin atm
what does this mean? asking for a friend!
i hope to see the opposite at all shell oil stations. this life long customer is no longer buying from them
what will happen now is that russians that don’t withdraw will buy crypto meaning we should see bitcoin hit around - .
have fun with that you dirty war criminals.
isn’t strange that russian people who vote for putin, supported him almost unanimously, now are complaining it’s not fair to them to suffer financially. they didn’t stop their dictator before, they are crying now. reap what you sow!
good, suffer the consequences for your stupidity russians
russian elites are probably using bitcoin to try and escape sanctions. bitcoin needs to be regulated.
they deserve it for being brain washed! edit: 75% of brain dead putin loving russians deserve this.
wow so it is not just american idiots that wear their masks under their noses.
i am freaking out. wear your masks, i feel dirty just watching, im gonna kms now
hard to believe in 2022, we are here and brain dead biden is doing zero
you’ve literally copied and pasted a video and caption from another sub?? scumbag r
hopefully this doesn’t fuel the hatred towards the west, and that the russian people understand that this is a reaction to their leaders actions.
some are wearing masks in russia what will fox news say?
can i use qr-code-generator.com to donate btc to ukraines btc address (357a3so9cbsnfbbgfyacgvxxs6tmadoa1p) from the strike app?
how dumb are people to not even know how to wear a mask correctly? never ceases to amaze me edit: btw, hardly post in here but never sold a single sat and held since 2017. lfg bitcoiners!
why don’t ya march on the kremlin take your country back jesus why go to the bank your money is useless you fools
we would just take money from them the citizens that have no say in whether putin goes to war? we are like a vindictive girlfriend in a custody battle 😆
interestingly bitcoin.org was registered just 17 days after russia invaded georgia in august 1st, 2008 and resulted in sanctions by the west. domain name: bitcoin.org registry domain id: d153621148-lror registrar whois server: whois.namecheap.com registrar url: updated date: 2019-11-24t13:58:35.94z creation date: 2008-08-18t13:19:55.00z the source files located back then were packaged in the standard tarball archive as well as very popular in russia, rar. perhaps that is why we do not know who satoshi really is.
here’s a video showing fattest nations over time. here’s some more info america is still number one, but other countries are catching up.
contrary to trumps adoring praise, i guess putin isn’t so smart after all.
all in russia ❤️💪🏼
the only people putin is fucking worse than ukrainians right now are russians.
they voted him in
these russians will be able to get valuable practice waiting in line - today they wait for money, soon they wait for bread
are there black people in russia ?
they need to learn their lesson and stop voting for putin
what queue? all i see is pure chaos. source: am japanese
the queue isnt good organized. source: a swiss
well older russians should still have their waiting in bread lines skills. * grammar
on a sunday? how is that even legal? - a german
q is a great character. source: star trek fan.
russian queue go fuck yourself! ~ source: snake island
they are queueing far too close too eachother though. source: a swede
it’s a line goddammit. source: america
i know a good queue when see one and this is not it. i would know, i am swethish.
"i'm sorry my face bumped into your first"...i'm british
it's in our blood, wot.
this is unusually weird- 🇰🇷
as a swede i approve of this.
the ussr made russians queuing professionals.
in it’s a wonderful life, there was no queue at all, just a large crowd crowding the tellers
queuing up for petrol
canadians also like queue’s. if i recall right
io didn’t see any queue and went straight in front the atm source: i’m italian
you did not have to mention you were british, we could tell ;)
i am french, and it is a great joke lol
in federation of russia bankomat empties you.
what a bunch of chumps. time to fill that empty space and cut everyone. source: am italian
the queue needs more grumbling, looks on watches and the last person always has to ask: "are you also queuing?" source: am german
the difference is, that they run out of buses quickly.
it is a queue ? i am from sao paulo, and this is no a queue
bitcoin. don’t get too greedy
i dunno, i've always been more of a stack fan with all the pushing and popping.
hold my beer souce: am zimbabwean
laughs in sri lankan !
aussie here. the queue is sacred. we despise queue jumpers.
are you “in a queue” or “on a queue”. i ask as a nyer.
has "queue" the same "dick" meaning in british as in french? source: am french
well, you've just described venezuela for the last ten years. the sad truth is that the regime there hindered and exhausted its own people, preventing them from rebelling.
i was thinking a similar thing, especially after seeing some of the russian protests. it would be poetic if it was an uprising of the russian people that put an end to putin's nonsense for good.
didn't happen with georgia or crimea.
let’s hope something ends it fast
nah, this will just split the world into west-east again like in cold war. latest poll that i stumbled upon says that russians support intervention in ukraine (over 70%) and in general russians have great resilience to inflation. they have been relatively poor throughout history, and are used to living in hard times. this will not bring regime change in russia.
there’s also a good chance putin will launch nuclear weapons because he’s a sore loser and has nothing to lose. look at those pictures of him in high school and tell me that’s not the face of someone who wants to destroy the world.
not to be argumentative, but venezuela has been in that exact state for a very long time. they literally throw money away as it isn’t worth the paper it is printed in, yet the ruling elite haven’t been touched, even when foreign entities tried to “assist”.
yes. like the time. but it might take decades like the last the time.
yes but you can spin it as "the evil us and the west" trying to hurt the russian people and turn out into public support for the war in ukriane against the west
you are so right. also propaganda does not work the way it did in the ussr in the age of the internet. the truth always finds a way.
you’re forgetting about half of south america…
if people cannot work you can be sure they will have plenty of time to protest
are you talking to a decent democratic leader or a communist mad dictator with 1,600 nuclear heads at his thisposal? we look dumb and ignorant of the situation talking like this ...
this situation is pretty temporary; while the spfs isn’t as well-developed and efficient as swift, it, connected with cips or any number of intermediaries, should be able to have russia function on a global scale.
i’ve said it other places, but i think it bears repeating: putin’s war is a thisaster for the russian people.
for context, russia exports about 25 billion in foodstuffs and imports about 34 billion. the reality is likely to be particular lines of items sold out and missing, but other lines of items just as plentiful. they do rely on imports to keep certain items stocked, but not to keep people fed generally.
when putin realise this has gone out of control, and he is losing power and his empire is falling piece by piece, he will launch those nuclear attacks one by one on every major european city. it's either russia wins or russia loses but draws everyone into a nuclear conflict and everybody loses as well. there is no possible winner except russia. and its pretty naive to think putin will not launch nuclear attacks. russia has lost everything by this point, they have nothing to lose more and putin might as well take everyone down along with russia.
pretty sure only rubles
who the hell would want to exchange usd for rubbles tho lol
if you are trying to put your cash into usd with 7.5% inflation, shit has to be real bad in your own monetary system. would not want to be a russian in russia right now….
i’m fucking sad for all the peoples, i hope the hate remains on the russian government, their people don’t deserve this. ukraine people obviously do not either... this situation is shit.
it's not apathy, russia is a dictatorship and has state controlled media... incredible people still think they have the media openness we have here.
it’s one of those insanities of war that the most innocent people also have to suffer. but in order for sanctions to mean anything, it has to just be accepted that normal russians have to feel this. and the hope is they direct that anger at the man who did this to them.
not enough cash in those tiny atms.
> fractional reserve banking can you give me an eli5? i looked at it on wikipedia but still do not understand :/
fractional reserve banking is the primary reason for a bank run
fractional reserve banking has not been a thing for decades. it's worse than that now. there is no reserve.
putin's and his cronies have been bleeding the country of money for decades. i wouldn't be surprised if we see a ransacking of his palaces after he falls.
i think this is exactly where putin is so misunderstood: he cannot resign (even in thisgrace), he will be killed! that ship has sailed many years ago. he is fighting to stay alive, or to take as many with him as he dies.
russia's history is nothing but a story of "and then, it got worse".
>and they are not even necessarily winning...ukraine is holding it is own i'm finding it really hard to get a clear summary of what's going on, anywhere i can get one? sure sounds like ukraine is putting up a hell of a fight, it is just hard to know how far russian troops have gotten or anything like that.
people, including myself, think he is some brilliant former kgb agent, but he really is not seeming much smarter the trump right now. how could he have not seen shit like this happening? does he actually want to end the world? i'm not christian, but were just getting over pestilence, and now war. not looking forward to famine. i like food.
and one they don’t seem like they’re going to win. they might take kiev, but it’s a whole different thing to control the whole city all the time indefinitely. not to mention nato is dropping weapons in western ukraine at rates that you really have to respect if you work in logistics.
that's crazy -- florida gdp .226 trillion, russia gdp .483 trillion... tdil...
i mean, putin could potentially be hanged for this in the future. the rich and powerful are also risking a lot.
isn't it the russians fault that putin is there? the americans fault for biden? the venezualans fault for chávez and maduro? germans fault for that other dude, do not remember his name...
ukrainians are dying for their freedom, what are russians doing? average young russian will tell you that you're dumb if you care about politics, they literally thiss you if you are not neutral about everything.
not true. the richer and larger corporations and people will suffer most. inflation will suck but it will take a while to set in.
oh no... at least they are not fighting for their lives on the streets of kiev like ukrainian citizens. what a stupid comment.
most of them support putin, do not be fooled, they arent innocent(most of them).
they keep voting for him though.
families starving while an egotistical leader wants to prove to the world he is a dick. and for what? so they don’t have to share a border with a nato country? to politicians people are expendable and pawns.
on the positive side, when your net worth is 1000 rubles you do not stand to lose much. oligarchs have much more to lose and they are just about to get kicked out of cozy european banks.
i don’t, they’re the one’s that got him there
i got maced in the streets of dc protesting the usa invasion of iraq. if they want any sympathy from me, they better be protesting in the streets the moment they get the cash their family needs to survive.
i think that the russian view is that they are doing this to combat nato's aggressive expansion, and the aggressive attitude of the west. i fear that sanctions making russian's lives more difficult will result in more support of russia, as the citizens feel we are ruining their lives just because we can.
i do not feel sorry for them at all. it is them, nobody else, who allowed this evil to thrive. just because the guilt is spread through millions of people does not reduce this guilt at all. russians need to fix their government or they can go back to medieval society for all i care.
i do not. russians allowed this to go too far. when they feel more than just "inconvenience" from their leadership doing war crimes... they will be forced to revolt i have zero sympathy for the majority of russians. imagine being a black lesbian in russia... you have to imagine it because they are not allowed. and that is on the people. prove me wrong. they are shit as a society for many reasons. bullshit propaganda and troll farms have masked their true image.
and we all have to use the same ass
will be a great day when russians finally finish their unfinished revolution from the turn of the 19th century, by throwing their despots into a pit. i mean, putin is supposedly the richest man ever with a trillion dollars of stolen russian wealth. how can any russian be okay with that?
90% of russians can vote him out but putin will still be president. the only way to get him out of office is unfortunately opting him out. he's talking about a nuclear threat now so someone can be a hero in preventing all out nuclear war by exchanging one life to save billions.
more proof that bitcoin is not in use as a real currency, but primarily as a speculative asset. bitcoin is the perfect solution for the running out of physical cash problem, but few people accept it, beyond speculators, and right now people are not fomo-ing into it. of course, the herd never moves in at the good dip times, but instead just waits patiently for the price to be 2-3 x higher before deciding its time to rush in...
enough to buy a coffee after inflation skyrockets.
if you think the war will end one day then yes it works. and if you feel you can get out of the country then yes it works. even if you personally have no hope for the future, cash still is tradable.
lived through few wars. cash became worthless 2 times in my country. luckily we were one of the few that converted cash to gold, other currency that held its value during war. along side buying land.
i'd guess they are going to buy non-perishable goods now which they can trade later to hold the value.
eventually no, not worth having. but they are not there yet. the intelligent ones will be trying to convert it to anything of value.
i mean, the oligarchs have probably been stock piling some amount of bitcoin already so… yeah, it’s all they have now. which i think is also the point of this post? whoever invested in bitcoin will benefit (citizens and oligarchs included)
actually im am really happy that crypto is not widely adopted already. this crisis shows, that we need sanctions. no one will stop a nuclear power but the own people. and if you cannot sanction them anymore, putin can do whatever he wants.
i heard that they are charging atms every 40 minutes in russia, it is crazy
if they cannot be bothered to get rid of putin for the last 2 decades it is their fault too
user name checks out.
if fiat collapses, you expect people to switch to bitcoin?
diversify dude or dudette. once there is a run on tether, bitcoin is going to drop like a stone. sure it likely will recover at some point, but can you afford to carry that much risk? if bitcoin were to drop 50% you would need a 100% gain *just to get you back where you were*. what if recovery takes years? i love defi and am likely as excited as you are, i'm joining a dao and starting a nft project. but diversify. diversify, diversify, diversify!
they are russian to get their money out of the bank.
"but i'm not in rome, avi. i'm in a *rush*"
yes obesity is more common here in the us.
in america the rich are fit and the poor are fat. in eastern europe(still) the other way around.
go to other countries, or go to major cities in the us and you instantly see a vast difference in body composition v rural.
yes its just american thing. well known in the rest of the world. for example here in rural middle europe i see obese person like never. maybe some obese people when i wisit a town
americans do not get enough exercise, we eat a lot of processed foods with excessive sugar, and saturated fats, and carbs. our portion sizes are too large. the american diet is by default terrible.
they're only devalued on the international market atm. it will take a while for domestic prices to catch up on things like bread etc. it will catch up as domestic production has to pass on the costs of their imports though.
they can easily buy stuff fast, if the value starts to slide. if you cannot get your money because the atm's are empty and the banks are closed, you cannot buy anything fast, so cash is still the best of the bad options.
protest war and lose their jobs? mostly the young are out protesting (and it’ll increase now)
oh shut up dude, what a stupid comment. you have no clue what these people think or are doing in any moment other than this exact one
i'm getting bearish. a lot of wealthy russians likely have a lot of crypto that they will now need to liquidate to buy necesseties, while others can now no longer afford to buy it. if anything, the added liquidity will push it down.
that's the deal with dictators though. really bad things happen to those who speak against them and they typically cannot be removed from power without an army.
ya ok lemme just send putin an email real quick
🤦‍♂️😂😂😂look up dictator , how does that work for these people🙄
>yes i know that only thing they have to do now is stand in a line to get the cash ou those atms will be empty long before that line is gone. many.
they need to spend that cash right know, or change it to dollars. ruble would not worth anything tomorrow.
that’s what i was thinking
probably most are not but the sanctions will hit them the hardest, not putin
sometimes the many suffer for the actions of the few.
if they do not feel consequences from the actions of their country, nothing will change.
could be worse, they could be in ukraine
these people look exactly like americans in any major city, fit. going to the suburbs is another story though.
just a normal sunday in moscow
same, they didnt ask for this shit,
growth mindset, friend. bitcoin doesn’t fix everything. but it lets you spread your risk. and you’d be surprised by just how many people are willing to transact using crypto. eg i sold my car to a regular nontechnical dude for btc last year. this type of event incentivizes more people to take it more seriously, even if it’s an imperfect solution. what other options are there? what drawbacks do those other options have, compared to crypto’s?
name doesn’t check out
a lot of mexicans receive money from other countries, so they withdraw it as it comes in.
and many still do that after the 1998 ruble crash.
only if you trust the banks. keep in mind that swift is now thisabled for russians so physical money is the only way.
' probably, otherwise they wouldn't be in line at ll would they?
that is a whole other system... sht, they cannot withdraw from russian accounts and have to do with a revolut or wise then fill the russian account and take cash since pos terminals would not work
minimum wage in russia is 155 usd so 20 dollars per day is not so bad. in 2001 we have a bank run and max withdrawal was 35 dollars a day, 200 was our minimum wage. the problem is that the ruble will collapse tomorrow, they have to spend that money right now.
i hope it falls further than zimbabwe currency
i think this is one of the big reasons they were hesitant to kick russia out of swift.
the ruble is becoming basically worthless. the russian stock market is crashing. people want money they can hold before the banks fail because they cannot do things like trade on external markets anymore, at which point people's money still in the banks goes up in smoke.
in the us, it varies widely, a bank owned atm at a bank location usually has 200-300k usd depending on volume at that location, while retail located atms tend to have 30-50k usd. typically less at locations owned by non-bank think generic atm at a gas station.
jordace carpenter pants and levi 501 shrink to fit, remember to size up
yep i feel sorry for the people that are getting screwed because of there leaders and wonder if the future will become a choice of rioting and being arrested.
it´s a war of earth resources, namely water and gas. check in youtube "why russia is invading ukraine". excellent journalism, high quality doc for free. what a time to live. russia has no choice, bad news they will go all in and take minimum east ukraine. lot of more blood will be shed. good news- russia don´t care expanding the war, there is no imperialistic or crazy mans mission here. purely securing the resources for future profits. a lot like another big country is doing their wars. calculated that in the future it will pay off and it will.
lesson learned. digital currency will be used now more than ever
would be empty just as fast
the russian people are not war criminals. their leader who has been rigging elections for decades is.
"people who vote for putin" "dictator" how do you not see the irony in this
just for fun … how much say, do you think, those people had on the decision to start a war ?
that’s not how bitcoin works. you cannot just “regulate” a decentralized blockchain. this was pretty much the entire point about bitcoin’s creation.
what should biden do? there are no moves for him
somehow we accidentally forgot to elect you instead, genius.
says the internet badass from across the world behind a screen
we know his name!
sucks yeah but at least they are not being blown up.
not necessarily. you think putin gets the most votes if it were fair elections?
i lived in russia my whole life and i've only seen like 5 or 6
i call bullshit, nobody loves a good queue up more than the japanese. it seems japanese culture dictates that whatever is at the end of a long queue must be worth it.
queue? no such thing where i live source: i am an italian
you guys are having a queue? source: india
fun fact: in brazil we call queue "fila indiana" (indian line).
in america we call it a line.
in canadian french is a tail but really normally refers to a cock
hard thisagree. it appears thisorganized at first glance, but there are some key features that are the hallmark of a good queue. for one, there is a very clear indication of where the back of the queue is, at no point would anyone ever be confused as to who is next, no one is sitting off to the side, or in an ambiguous order. secondly, the queue was crafted in such a way that it not only does not block the flow of traffic (i've seen many a queue that will just head straight back to the opposing wall, essentially creating a full blockage of a room or corridor, while this one curves in a very satisfying, and efficient way) and they also leave an adequate space between them and the wall for traffic to go through. no one ever stands more than 2 wide, and all facing the correct direction (again no ambiguity about who is in the queue) all in all, this is an 8 some notes: periodic openings for pedestrian crossings would always be preferred, and of course any queue earns an organization bonus when it is completely single file, but that is less necessary than some might think and definitely is not the most practical way to queue edit: as i see many other commenters have included their credentials, i feel it is important to list mine. source: am an american now while on the surface it would seem this counts against me, you would be wrong. you see, in the countries known for good queueing, you've only ever seen good queues. i on the other hand was born and bread in the land of chaos. i have seen thisastrous queues, and worse yet i've seen their consequences. while others may have seen many queues done right, i have seen every bad thing that could possibly go on in a queue. the great dmv kerfuffles where you stand in line for hours just to find out what line you should be in. concerts with queues so thisastrous you're liable to miss the whole show. you think watching good queues your whole life gives you experience in queues? you have no experience until you've seen where they can go wrong. you cannot understand a machine until you know every where it can fail
i have to repeat this procedure at my 5 other banks. source: a swiss
you expect me to stand in a line? (wtf is a queue) source: a-merican
if you want to see very bad queues you have to visit italy 😁
the queue is extremely well organized. source: a mexican
it looks pretty organized to me . it’s actually a decent line source : a american
their queue has one thing wrong,they are way too close to others. source: a finn.
your brain isn’t good organized.
jeez we really do seem like a bunch of crazy anarchists here in the us if this is considered thisorganized. i don’t see people cutting, breathing over the shoulder of the person in front of them, several karen haircuts yelling to see the manager and what’s taking so long, some grown men stamping their feet shouting “this is some bullshit!” in this situation it would straight up be a shoving match in the us. i mean, have you see the video of our buffets when people cut in line just to take the last steak?
a queue is a queue in any formation source: british
*austrian enters the chat* "do you have a permission to be outside at all!? please show all your documents, where have you been last 12 hours, name anybody in your family and please do not forget to let us check your chinese styled spy-app if you are even allowed to get cash anymore"
they are not queuing close enough. source: a romanian
they are not leaving their flip-flops in the line while they sit somewhere else, so it doesn’t count. source: a brazilian
i'm venezuelan, and for some reason i think russians are more badass and potentially capable of a successful rebellion. these motherfuckers wrestle bears. i do not know, i trully hope the russian people are tough enough to have putin put-in jail
yep. people do not realize how bad things can get and stay there.
people in venezuela have a cause to believe in though. considering military operations the us conducted like operation condor and the crimes our corporations have committed such as coke killing labor organizers in columbia and the decimation they have brought by dumping chemicals into amazon. south. we’re playing the role of the russians as far as latin america is concerned
with russia, though, there are a lot of oligarchs who did not want this invasion and are fucked (relatively) by this misadventure. you fuck with billionaires' monies, shit gets dangerous. putin might have problems.
big difference here is that this is going to have hugely negative effects on the russian elites as well, they would not be able to hide from it. russia is home to 116 billionaires vs. venezuela's 1 billionaire. putin is asking to be replaced.
does venezuela have nukes?
but russia is vast and their forces scattered, poorly equipped, seemingly demoralised. also, russia isnt famously good at feeding itself unlike, oh say, ukraine? next few days will be like no others
i guess one big difference is that the entire world is watching russia now.
russia has the benefit of 7x the population; though i know absolutely nothing about the density of that population. ' but i certainly wouldn't wanna piss off 140 million russians... even if they were all spread out
the falling oil price didn’t help out either. the free healthcare and education was nice when there was the money for it
yeah, nothing to do with multiple us sponsored coup attempts and economic interference.
all these western and white caucasian rebels need to learn from the middle east. nothing like a good sniper or a suicide vest to eliminate your enemy. or a roadside bomb. putin cannot run from a suicide vest or a sniper with a good aim 🤔 i have to give it to the middle easterners they sure know how to fight with balls of endless steele and also the vietcong they went against the most powerful nations and won.
i'm afraid if it gets to that, that mad man will just launch fucking nukes
at the time russia received a slap on th wrist. it's an entirely different response right now
you got a reliable source for that?
excuse me, you're being detained, we're going to need to see your sample size and polling methodology...
if you think those poll results are real then i have a bridge to sell you
isn't forex closed on weekends?
there’s only so many usd. a bank that is cut off from swift is going to have an **extremely** hard time sending.
lol every other currency in the world is seeing even worse inflation. the dollar is actually doing well in comparison to everything else right now because most other countries would still rather have their money in usd than their local currency check out uup which tracks the usd vs the other world currencies. the dollar has only been strengthening in comparison for months now
what the russian people need to do right now is a revolution. this is the impulse: your government has forsaken all that you are worth for a farcical invasion of a formerly neutral and non-aggressive country. the people are accountable too, change must start with them
i am from poland. i moved out aaaaa long time now, but it is difficult for me to say that people living there do not deserver their government. some do not, but a large portion can get fucked for all i care. i say this because i am i do not think it is fair to absolve nations of their government's actions. sure, i do not believe russian people to be evil, but we did not arrive at this out of nowhere. it's been a systematic "looking the other way" at best and "actively participating in spreading hate" at worst for years now. i fully support (as much as such support is worth anything) russian people opposing their rulers, but i also do not think russians as a nation could just wash their hands off of this. i fully acknowledge this is very harsh, but i would expect (and indeed have experienced) exact same when it comes to poland.
this cash will soon be worth shit either way. its just the begining.
if you deposit 1000, the bank is required to only keep 300 of your dollars in cash and can lend the other 700. the ratio is dictated by the central bank
you: can i have my money back that i deposited. bank: what money?
then bundle the loans and sell them as mortgage backed securities on wall street.
banks takes deposits from millions of people. they keep some on hand (say 10%) for the people who want to withdraw money in the near future. with the rest, they lend in the form of credit cards and mortgages. on any normal day, not everyone who has savings at a bank wants to withdraw it at the same time. when there is a run on a bank and a lot of people want their money out at the same time, it causes an issue because the the bank can literally run out of money. i've simplified it a lot, but look up northern rock bank in the uk for an example.
a bank only has to hold 10-15% of deposits in actual cash. they invest the rest in stocks, bonds, etc.
a 10% reserve means: you deposit , and then they can lend out . if that 's customers, they keep it in the bank, and so then the bank can lend out an additional . then if that customer keeps the , and again and again. if it sounds crazy then you are understanding correctly. people say money printer go brrrr are missing the fact that banks create way more money than the treasury.
i recommend "the bubble" from letusthisagree
some shiny rocks may not be a terrible idea as insurance, not investment.
my fear is that rather than face defeat putin will escalate further.
the moment he seriously starts considering using nukes, his inner circle or high military ranks will revolt. i'm sure his move to put their nuclear deterrent on alert was a huge wake-up call and everybody with half a brain inside the russian government.
good old russian politics
this comment is 10. people forget about all the coups and assassinations internally.
if you want a map, i think [this one]( is getting updated everyday, and have a look at the casualties and losses section. it looks like russia is taking some heavy losses already, and the war has barely started.
sounds like it is been a meat grinder for ru. however the fog of war is thick and we're just civilians without any good view. plus the fact we hear nothing about ukrainian losses makes it kinda fishy
[reuters]( has been doing a good job of not only reporting on the facts at hand, but have a dedicated portion of their site just for reporting on verifiably fake reports.
i'm sure he was a brilliant kgb agent, and he might still be smart, but that was 30 years ago. time is unfair to human brains.
being a dictator is a weakness in itself. you lie and create your own bullshit and the only people around you are syncophants who shovel all the shit you want to hear back at you. meanwhile reality is what it is and bites you in the ass.
arrogance. recognizing and agreeing to defend those eastern ukrainian provinces (now independent republics) was probably a good move. they are 90% russian, and the world seemed to "condemn" this act, but also sort of let is slide. everyone agreed it was reasonable and not worth fighting a war over. the world would have treated it similar to russia annexing crimea. however, invading ukraine proper seems to have been a terrible arrogant decision. map of languages in ukraine:
making things difficult for the rich and powerful has traditionally brought the most pressure to "leadership".
honestly, i think that’s the only way he stops. he doesn’t think rules apply to him.
that depends on the legitimacy of their elections. i've heard that russian elections have bigger problems than fptp and gerrymandering. looking at these people in line, i cannot imagine they are that different from us. nobody wants to fight a well-trained modern army. their best path forward is the same as ours - nonviolent resistance using math.
it may be easy to sit and say such things when you live in a country where you can speak whatever you want, protest as you like, vote for a new president and so on. i doubt the average russian can do this. and as it has been proven, there has been tons of peacefully protest in russia as well and their are taken care of by the police. and this is how it is in many countries in the world, speak shit about the king in thailand you end up in jail for the coming decade. do not get me wrong, i do not support putin, zero support for him. it's horrible, absolutely horrible for ukraine and their citizens. i would rather see that the people responsible for all this suffering take the punishment not the average citizen that did not want anything of this at all.
1700 protesters were arrested , in moscow, the first day of the invasion. i imagine they are not receiving 5 star treatment
meh, depends how you look at it. both governments ukraine and russia are corrupt as fuck. politicians enrich themselves while the poor stays poor. the grand scale of this ukraine and russian war. who are the ukraines really fighting for? western controlled puppet or russian controlled puppet. ukraines were never free.
i’m pretty sure they say that so they don’t end up in jail, i don’t blame them
the poor always suffer more
those people hold their money in illiquid securities and foreign currencies, how will they suffer more? swiss banks and offshore shell companies help them remain afloat, no such help comes to regular citizens.
is it? what about your government start to attack another country without yours and the citizens backing of such actions. all of a sudden your country is sanctioned by the world and all your money will be worthless as you are just a average citizen. you mean that you would deserve that suffering for your governments doing?
think about all the good folks in the us who got stuck with trump. we didn’t vote for him. didn’t want him, and many of us believe he and his family should spend the rest of their lives in jail. but that didn’t happen. couldn’t even impeach the sob. individual citizens, ppl with families and children, living under an authoritarian regime, are also forced to suffer. the fight is not against the russian ppl - it’s against putin and what he stands for.
you forgot to include the poll details you undertook
what happens to his real opponents? they got a nice cup of cyanide.
do you seriously think elections in russia is 100% above board ? no corruption? no intimidation? nothing nefarious?
what you are comparing is something that is out of a person's control compared to what is within a person's control. if i was a black lesbian, i wouldn't stay in a place where black lesbians are thiscriminated or hated. if i was a white european i wouldn't stay in a country that hate white europeans. hence, if you are hated in the country you live, you can freely move from there to where you would be more accepted.
putin is a trillionaire?
> more proof that bitcoin is not in use as a real currency, but primarily as a speculative asset more like most transactions are happening on l2. try harder with your bullshit
i guess it might be hard to pickpocket someone when they carry cash in a wheel barrow………
until it hyperinflates and the gutters are full of thiscarded banknotes.
wow. insane, that cannot be sustainable.
>this is a list of known journalists killed in russia since putin became president. i get what you mean. actually there seem to be quite a few people that would be bothered to change something over there. they just thisappear or die very often.
they can’t! it’s not possible.
my thoughts exactly. look at the protests, almost nobody is over 30.
what? you think they can just vote him out?
this is absolutely the most stupid thing i've read in a while
your comment is so dirty. it’s not as simple as that, gets some empathy and stop thinking so small.
instead of queueing here, they should be protesting
russia is not really a democracy though...
*why don’t they all just risk prison or death to revolt against their leader? i totally would if it was me, trust me bro*
yes, as the only finite, supply capped, natively digital, decentralised store of value, defended by the most secure global computer network, it would be the most likely winner in a post-fiat world. is there something else you would expect people to switch to from debt based money? (genuine question, i'm not being snarky.)
fiat isn’t going anywhere. bitcoin is fiat
it's literally the only option now. if it is due to war it will likely be more gold-focused to start, or as well, but that is just due to cyber-security and infustructure concerns.
here in the uk its sadly increasingly similar to the us.
it's not just america. it's a suburban thing
desktop version of 's link: < --- ^([)[^(opt out)]( ^(beep boop. downvote to delete)
damn us am not even top 10. get your head in the game guys it is like you're not even trying.
i live in one of the least obese states in the us, so i'm sure that had something to do with my perspective... but ireland, scotland, and the uk had more obese people than i'd ever seen in my life up to that point.
it's not just an american thing, but yes they have a lot.
or a lot of the rich will be moving into bitcoin to avoid this financial thisaster.
i think it was bbc i read yesterday... i’ll look
can’t find where i originally read it but this source says they’re "considering" limit of 1000 rubles a day which is about
agree. pressure from within will just get higher and higher like this
i'd rather have crypto i cannot access instead of paper that is worthless.
my comment aged poorly on account of the ruble collapsing, and learning about swift. lol
and was sensible hesitation, really needed agreement from china that they wouldn't just switch to their system
i mean, they’ve had this ruthless dictator maniac running their country forever and have done nothing about it. how long did it take the italians to string up mussolini behind a horse and drag him thru the streets. oh that’s right, they waited until he got them into a world war.
just for fun, how much responsibility (on average) do you take when your company, your country, your children, your friends, etc fuck up? it's typical now to blame others and not take any responsibility. but guess what, if you are russian, your daily work via taxes is funding this war, it is russians attacking ukranians, i could go on and on, so of course you can frame it like "poor russians against the war, they cannot do anything", i say bs, they could have done a million things and they still can, here's a book for little bitches, idk, maybe it changes your perspective
then freeze it. bitcoin provides aid and comfort to the enemy. they have been using bitcoin to finance crimes for years. state sponsored russian hackers took down the american colonial pipeline just two years ago. the ransomware attackers demanded to be paid in bitcoin. if it is not possible to single out the russian elites using bitcoin and make it impossible for them to continue using it, bitcoin needs to be frozen altogether. there should be no aid and comfort for an enemy threatening to nuke the world if they do not let them take over another sovereign nation. sorry if that hurts your investment, but sanctions will mean nothing if russians can just use bitcoin to get around it.
what’s your go russian sympathiser you make me sic toss pot
wow that’s crazy why did my comment get downvoted? i hate this new racial climate
a long queue winding up the mountain temple stairs. roasted yams await.
i think they are saying in japan the queue would be a cleaner line.
i think you missed the sarcasm there.
he’s using sarcasm, you queue for everything in the uk, even the bathrooms, everywhere you go there’s a queue...we all love a good queue
even good culture does not prevent the collapse of a monetary system.
that's what u. he sees this british-style queue and says it is chaos by japanese standards.
hey, we have that in france too !
they used to called it like that when i was in school
the joke is that some indians do not line up... but then completely missing reference from another culture is also a very american thing to do.
in america you have not quite grasped the english language. source: british that said, do you line up in a queue or queue up in a line? 🤷🏼‍♂️
in french slang queue means dick.
i catered a lot of funeral luncheons. could always tell the catholics. they queue up without blocking the passageways for servers. i’m an atheist but i respect a religion that teaches proper queuing. they lose a lotta respect for the kid fucking coverups though.
i would like to unsubscribe from queue facts.
you had me at "dmv". take my damn upvote.
professional assessment is always welcome. keep queueing!
queue is also about seeing pensioners shuffling through the door of a post office waiting til they are behind a shelf and sprinting to the post office counter because you know they will waste 60 minutes of your life shuffling to the counter to withdraw money when they could use the atm next to the counter.
i never thought i’d find a thiscussion about lines. what you’ve written here sounds like a beginning of a doctoral thesis on how the difference in lines. i can definitely relate to dmv kerfuffles. when, i was in line at disneyland’s space mountain years ago, an angry caucasian man with a southern twang kept yelling over and over “i am not a sheep! i am not a sheep!” anyway, thanks for writing this :)
you queue harder than i’ve ever seen a human queue.
this read like a hitchhikers guide to the galaxy quote mixed with hot fuzz what the hell
sounds like the holes in your banking system match your cheese
why aren’t they panicking and punching and fighting their way to the front or the line like a black friday sale at wal mart? source: an american
neither seems your life
throw a steak on that que! source: an american
there’s not enough cutting and too structured of a line. china
they are queuing source: an israeli
i never understood how this was supposed to work when lines slowly move. do you get up and move your flip flops two steps forward? if i saw this i would just ignore them.
"lebanon, lebanon is the greatest! greatest food, greatest music, greatest girls. lebanon is the greatest" friend from lebanon who played basketball at the uni in fairbanks, alaska. he loved home. he talked about it constantly.
you guys got jaguars or something?
i say this with the utmost respect: russians are a different type of white people.
the only reason the venezuelan regime remains in power is because of the support it receives from the likes of putin and xi. you are right that venezuela a struggles against imperialism, the imperialism imposed by being subservient to russia and china. source: am venezuelan
if i was a russian billionaire, i wouldn’t have left much money in russia with all that tension building up.
venezuela also does not have an ongoing land war that a. limits the governments capacity to physically oppress at home and b. will inevitably result in the military siding with the people rather than the government
yes but if he launches a nuke he launches it. his soldiers who are responsible for conveying his orders, turning the nuclear keys, etc. can stop him. but from the outside looking in, there’s absolutely nothing you can do to stop him from using nukes. we need to de militarize and de-nuke russia.
you're assuming his military officers would obey a launch order that amounts to suicide. those same military officers are not allowed within fifteen feet of putin, because he is afraid one of them might assassinate him.
like we dont have the tech to kill him in his own home like some assassin bugs ? ukrainian people don’t deserve to die but at the same time most russians are clueless about the truth so the awnser cant be killing more russian people
a slap on the hand?
because we are not busy with other wars?
this american life has a pretty good show about it the weekend. the general public has a certain amount of misinformation targeted at them by state media. one older lady thinks putin is much better than yeltsin in the 90’s. they fear the next leader taking them back to the years before putin.
also curious on a source for russians being overwhelmingly supportive of the ukraine invasion.
no in most ex-soviet countries they are open all day and everywhere, generally in most supermarkets as well as cornerstore type places. the issue is they are giving a rate less than half what the rate was at close on friday.
pretty much the only way power is transferred in russian is through a revolution or coup
makes decent wallpaper i hear from historical use
they are gonna get foreign cash as it would not be devalued
in the us, the ratio is now infinite. 0% retention requirements lol
don't forget the next step. that . now that bank only keeps 30% of the . this cycle goes on and on until there is way more money on the books than actual money at the bank.
this is incorrect. pre-covid it was 10%. since 2020 it was reduced to zero.
it is much lower than that in most countries; and even specially lowered since covid. i.e. the us banks are required to reserve only . good luck when the bank runs hit america
"aaaaaaaand, it is gone."
more like they lend it out as commercial loans
0% is the us now.
only like 8% of all money is actually physical paper now, so i'm going to doubt that that is still true.
oh i'm sure he will. i doubt he will want to look defeated. he needs to save face unless this is another ploy to manipulate the country and plunder more money through weapons contracts, stock trading, arresting his opposition etc...
rather than face defeat i imagine some combination of the russian mob and unhappy oligarchs will handle the whole "putin is alive" issue
knowing how much of a wreck he is... i'm afraid he will. these kinds of people rather die and see everyone around them crumble than admitting defeat.
he will wreck the country and tear it to shreds simply to save face. so damn sad and needless.
there is the very real possibility of mental illness at play here, which flies in the face of any reason
agreed. you can see how everyone is 30 feet away from him in meetings. he knows the risk and only has his oligarch buddies nearby.
the call for nukes is very obviously political posturing so that other countries do not get involved. putin and his cabinet are smart enough to know that using nukes is not actually on the table.
i think they are genuinely right now calculating if they seriously believe he will use nukes and if so, can they take him out before it happens. will not be easy as dude is paranoid as fuck and has been apparently living like a hermit for the past two years. even by pandemic standards his isolation has been extreme.
i would not be able to find it, but i once saw a family tree of the all powerful russian czars with those that were murdered x'ed out. it was almost all of them. being a czar was basically a death sentence. i always thought of them as these all powerful dictators, but not the case at all. if they do not do a good job, they are outta there.
thanks, that is exactly the kind of thing i was looking for. if those numbers are accurate it is not even just that ukraine is putting up a better fight than i expected... seems like they are actually winning, or at least roughly evenly matched. if it is as i expect and ukraine keeps getting more and more support while russia takes a beating internationally i totally understand how this had to be quick or else time is against russia.
i agree, but like, he should know his bullshit is bullshit right?
and he is not wrong, at least not until someone . . . applies them
they're really not any different, and it kills me to see them suffer because of their largely illegitimate leader 😭
who ensures the legitimacy of elections if not the people? \>nobody wants to well there is the answer, nobody wants to take responsibility (i mean for ensuring their gov't is no corrupt) cannot say i blame em.
*canadian truckers entered the room*
they could not arrest 7 million
ukrainians are dying for freedom, russians need to do more
fuck off russian troll.
the poor will suffer more, the rich will lose a higher percentage of their wealth compared to the poor.
even the swiss are now moving on this one.
until they start seizing yachts and private planes the rich do not care
how are they going to get it without swift? mail it? wonder how long before the crypto exchanges refuse service to russia.
look at abromowich he had to let go of chelsea club in london. the oligarch’s boat i. france…assets abroad are super simple to take away. a person worth 1b can be quickly stripped to 0. especially if his company still owes taxes.
thank you. i don’t understand why so many americans think it’s any easier for russia to oust their leadership than it is for us. when was the last time america successfully ousted a president before his term was up?
than what do you propose? do nothing?
enough with trump, he is gone move on
here you go on the stalin poll, in 2019 [ the low point was at 39 percent. for a guy that killed tens of millions of his own population. so, think about that. how innocent can the russian population be?
they can wait for him to die, but the system is already built. a new putin will emmerge, or they can leave or change it.
do i think the person who attacked goergia, took crimae, blocked trade ports with ships is a sensible person? so what is your solution, get your cash out of your atm and hope your kids do something about it?
long way of saying extreme thiscrimination is ok.
this article is from 2015. then he was presumed to be worth over . i'm not an expert and i'm just guessing now but if bill gates and bezos were able to double and triple their net worth since 2015, i wouldn't be surprised if putin had done the same bringing him above half a trillion at the very least. he has a .5 billion mansion. billion. he has a .
the trick about hyperinflation is, its a process. rarely does a currency just gap down, unless the government defaults. there is still time to spend the local currency, and probably even things to buy with it, for now, thus the line. also, its not easy to get out of the currency for normal people, so filling your house with useful stuff you need is a perfectly valid strategy, as opposed to leaving it in a bank, where it could be seized, if the bank fails, or the government takes it.
well i'd imagine that in the middle of a warzone, people have a shorter time-frame and more immediate priorities i.e. buying food and supplies (or travel) rather than pondering over the macro-economics of what the government is doing with its money printer.
all 5 of them... there are millions of people in russia. what did they all do?
so cowards remain? got it.
itt americans and canadians who've come to expect due process after failing a poorly organized revolution
dude, they protest. a lot. for a long time. and putin arrests them, and throws them in jail or worse. it's very easy to say from the commodity of our homes, but i know russian people, and it is hard af.
in a post fiat world, there’s no internet lmao.
how will you pay for mining costs without fiat? pay with bitcoin to produce bitcoin? and without mining bitcoin is just a bunch of random trash data taking space for no reason
bitcoin is an asset backed by fiat. that’s like saying a house is fiat because you can exchange it for fiat.
i think you passed us actually per capita. maybe i’m misremembering but i thought i heard that recently.
no, i doubt the rich are going to pile their money into a token that has depreciated nearly 50 percent in the last 5-6 months. something more logical would be to transfer their assets into other currencies such as the swiss franc or invest in bonds or stocks that are much more stable in the long term.
nobody runs bitcoin from a central point. it is thistributed all over the world. there is no way to freeze it or shut it down. countries can make it illegal, but that by itself doesn’t stop someone from using it. bitcoin is not a company you can seize or raid. it’s not based in any country. for every node that got shutdown another would appear somewhere else. this was how it was designed. no country, or group of countries, can just shut it down.
and that is only moscow by the way. the most traveled-to city in russia.
>roasted yams await. goddamnit, now i'm hungry
it's snowing on mt. fuji.
no season word? amateur
that or a stupid paper cup to take a selfie with.
it would def be a single file line.
i agree. am british, have seen the queuing capabilities of japan in action and much as i hate to admit it, those guys make us lot look like a bunch of thisorderly rank amateurs.
except at the bar.
in america the line is sideways because everyone is so entitled they all go first
actually, we park in the driveway, and drive on the parkway.
the english language may have started in england, but it kept going. now you guys are near the back of the line and do not even know it.
and code switches very well. we call them lines, not queues.
what was your clueue?
>they lose a lotta respect for the kid fucking coverups though. well, we'd like so anyway. as a fellow atheist it is always made me wonder what catholics are thinking. i've asked a couple and it is always some kind of apologetics and allusions to reform. i just ask them, "if i found out the place i buy my groceries was systematically raping children and then covering it up, i'm pretty sure i'd stop shopping there. i do not even have kids, it just seems like a real deal breaker. it's not really a thing where i'd have to take a minute to reflect on how good the prices were or where else i could get a good pastrami, and i'm not really gonna follow along to see if they have any intention of reform or follow through. i'm just going to get my groceries elsewhere. what are you doing, like just doing the math as you load your kid in the car to go get groceries on what the odds are they will be raped or if it is really like that bad, because you're not sure if there is anywhere else with a deli that makes it is potato salad quite as good? like sure they rape a few kids back in the freezers, but that potato salad must have some kind of special mustard or a little lemon in the mayo or something that nobody else can quite nail the magic going on. but like, it is not potato salad. you're buying the secret magic recipe for moral living and hoping they did not just finish raping any children in the back recently because you cannot find that exact apparently magic morality elsewhere." but maybe i was missing the point and it is not the potato salad. maybe they just really like a good queue.
your unsubscribe request has been added to the unsubscription queue
*subscription extended successfully* in thailand people use their shoes to queue whilst they sit on a chair. [shoe queue](
this may be the nicest thing anyone's ever said to me.
best comment on the internet today 10
because it is a well known fact among real americans that all russians are given performance enhancing drugs with their mothers milk. by the time they are 6, any russian can take jackie chan in the toilet paper queue because he tried to join a friend. this level of martial skills would create havoc in the area with all the bodies thrown into the hot borscht cart and the bitcoin machine. so they stay polite because tearing up the city is not nice. the guy in the foreground has switchblades in this boot toes. according to my 'uncle' jimbo anway.
how you know with your brain
tailgating at a bank run sounds pretty american to me.
throw a steak on that what? source: a mexican
que? you mean that long line? source: a true american!
only que i like is a bbq source: am also american 🇺🇸
thought you folks would be very orderly
to keep our place in the line while we can go sit somewhere nearby.
lebanese restaurants make the best shawarmas
we got a starving population with a minimum equivalent to slave labor. the goverment is in complete control of everything including the military. they have all the money in the world to stay in power forever. most venezuelans are peaceful and rather leave to find a better life than martyrdom. as there is no hope of getting rid of the ring in power
thanks for sharing, guy you responded to doesnt know wtf he is talking about and is spreading misinformation. typical reddit murrica bad nonsense.
i have been saying this for years. if we want to get rid of chavismo, bot putin and xi need to go first. maybe, hopefully, this is the first step. fuck putin, maduro and any other dictatorship (left or right) that make their own people love miserable lives.
thank you! i hate it when people blame venezuelas failure exclusively on the u.s. venezuela struggles thanks to what you mentioned on top of it having awful leadership
estos carajos que en su vida han estado aca diciéndonos cuáles son nuestros problemas...
i wonder if there is any chance his underling kleptocrat oligarchs would stop him? i mean, what use are billions that are rapidly fading and you cannot spend anywhere?
i did not suggest killing more russians, i'm russian myself. as for the tech to kill him, as i said if he feels cornered he might as well go out with a bang, sadly.
the us is not really important for russia. the eu market is really important. and as you know the eu was not in any conflict in 2014 and still decided for a slap on the wrist.
this is correct. mainly a self made "war" in iraq.
any shop with a brain would be shuttering their doors and burying their stockades off site. why would local exchanges give out money for free? because that is what exchanging to rubles equates to right now.
they could also convert to bitcoin (even temporarily) as markets are open 24.
those exchanges will close for business temporarily. they'd be giving away money for free if they traded rubles for any other currency. they're not stupid.
from where? smuggled in black briefcases?
there's gonna be very very little physical foreign currency available.
don’t worry the feds stress tests say everything is perfectly fine*.
the reserve ratio. banks had been holding trillions in excess reserves since the great recession in 2008. it became such a meaningless number the fed stopped tracking it as an "excess" in 2020. now the fed pays interest on reserves to target how much they want banks to hold and track reserves as "nonborrowed reserves," which can theoretically be infinite, or 0, but have stayed between ~-4 trillion
i thought it was 10%
the fdic makes bank runs in the us very unlikely
lol i just commented this then scrolled down and saw yours😂
when everyone comes to withdraw their money there isn’t enough in the bank to pay everyone back.
banks are middlemen. they connect people who got money (checking account, savings account) with people who need money (loans). that’s how they themselves make money. to make the loans they use a large portion of the money people deposit because they don’t think everyone will suddenly want to withdraw all their cash at once. but sometimes shit hits the fan because your country has invaded another country and then been thisconnected from the rest of the world’s banks so everyone suddenly wants to withdraw all their cash at once. but the bank doesn’t have that cash!
when you go to a casino, for every single dollar in chips in your hand there is a dollar in a vault to cover that chip. those are called reserves when you put , there is only , the rest is given to people to buy houses and cars and shit. that is called fractional reserves.
you put . the bank tells the computer (bank account) you have . then they lend out the . they are required to keep none of it in reserve. guess what. when a person takes out an auto loan, and they buy a car, the dealership takes the money and puts it in the bank. and the bank, you guessed it, lends it out again. ad infinitum. banks are responsible for creating more currency than the fed is. and, there isn’t as much currency as the computer claims there is. if everyone went to the bank to cash out their accounts, banks would go bankrupt. they don’t have the money.
cash doesn’t mean just paper with dead presidents. they are called cash equivalents. anything from the treasury (notes, bills) plus cds, certain funds, etc.
he’s kinda like a kim jung un, except he is actually doing was he threatens to do. which is also kinda terrifying.
don’t you give him that out. he’s not crazy or mentally ill. it’s like society has forgotten that evil exists… this man is mentally competent and thinks logically. he’s just power hungry, which in turn makes him evil.
i smell desperation. he's like a cornered dog and that does not bode well. i legit think he is lost his mind.
it’s the most ruthless politics, i was watching some russian history on youtube the other day it’s insane.
no matter how much material aid ukraine receives, russia can still win, if they are willing to lose enough lives and treasure. ukraine only has so many fighter jets, and airfields to launch them from, and russia has a bunch of stuff in syria they can fly back. also, russia has been not targeting civilians, which is not their normal strategy, so things could get much worse very fast, if russia decides to escalate the conflict, i mean, more than a military on military war.
you also don’t hold power for that long unless you’re a narcissist surrounded by yes men. he’s probably very thisconnected from reality because his generals and advisors are too afraid to tell him the truth about the actual state of things
different governments do different things once they reach their arrest limit.
cringe keyboard warrior energy
yes, russians share putin's shame as the world watches.
no. a rich person can go well blow 0. they also lose their families and friends ( especially if they have a chunk of their life outside of russia. most russsuan oligarchs do not keep personal wealth inside russia.their kids go to schools and universities abroad as well. their whole lives can be turned upside down with a few nose clicks.
isn't one of the oligarchs in the process of "losing" his + football (soccer) club?
actually the uk are already doing this. hopefully more to suet.
that would just create crypto exchanges within russia.
no one is saying that. its just a shitty situation all around where many innocent people are affected in various ways.
bro, it was an example. read the room. and since he won’t shut up about his love for putin the last few weeks it’s not like he’s just thisappeared.
so for polling companies with close ties to the kremlin and they come up with 39% … and that make you think that there is wide spread support for war in russia? just look at the us right wing media - i’ve seen dozens of news casters voicing support for putin ! just this morning i saw a news report from the us saying that putin is doing “god’s work” in uniting all the christian factions across the world and they support the invasion fully. i remember a time when russia and everything it stood for was anathema to the average american , now you have a wide swath of the us electorate supporting putin , even the previous oval office occupant went so far as to call him a genius this week … and didn’t actually bother to denounce this action .
you said “ they keep voting for him “ i asked some questions … which you ignored and now expect a solution from me . i don’t have one and never proclaimed to have one .
no i do not. what i say is: there is no point of trying to fight the opinion of a lot of people since is not worth the effort in doing if you have other options.
let me help . people say that the us has a wealthy elite problem. putin has more wealth than every member of congress, the entire executive branch, and all chief justices of the us... combined. when the ussr collapsed, the industry went to the leaders. it's not as if "the people" were able to own anything.
had no idea. changes the perspective now.
easy for you to say when youre not the one whos life and family's life is at risk
the transition so far has been a lot more gradual than everyone (myself included) always thinks.
yes, under a bitcoin standard, you would pay your mining costs in bitcoin. at the moment, most large scale miners are quite profitable at the current price, so everyone would mostly keep mining. its actually quite advantageous to use fiat to mine bitcoin, because you can do weird things with fiat, like get loans, and sell shares for fiat. under a bitcoin standard, it gets very dangerous to take out loans, and harder to sell shares, unless you are far in the green when you go to sell them.
it's already pretty common to pay for mining hardware with bitcoin.
i don’t know if i can live in a world where the main currency is a small italian car.
bitcoin is an asset. but bitcoin is literally and i mean quite literally more fiat than the us dollar. at least that is backed by a government and army. a house is an asset? if something has value… it’s an asset. what we are arguing about is, intrinsic vs. extrinsic value. bitcoin is intrinsic. it has no use, no value outside of “hey i trust bitcoin. you should to!”…. just like the dollar. edit: change in first sentence. bitcoin is an asset. my argument is that it is no different from the dollar. in fact, it’s worst
don't act like bitcoin is some kind of magically untouchable form of money. i do not personally know enough to say how people could shit it down, but i sincerely doubt that there is nothing world governments could do to stop. i am 100% positive that a global effort to keep russian elites from circumventing sanctions and bank freezes by using bitcoin would result in measurable success.
♫ き～ ♫ ♪ ～き ♪ ♫ お～ ♫
steady, keep your pants on.
i do code switch a lot it is true. i attribute it to having moved a lot around my life and inane different regions so i'm not really married to any one way of speaking. i do consume a lot of british media too, and i've always preferred the term queue. it sounds more elegant than "line". in common conversation i would usually use line as a noun and queue as a verb
ah, here's the real question, do you stand *in* line, or stand *on* line?
“if clowns raped as many kids as priests and ministers it would be illegal to take your kid to the circus.” - dan savage i was being facetious about the stark contrast between the inanity of queue skills and the severity of kid rape. and furthermore, it’s not just the catholics, they have the bureaucracy in place to engage in and document a cover up, but loads of ministers are guilty and get away with it. churches settle out of court in exchange for gag orders and dropped charges (to avoid the negative pr), victims are understandably ok with not engaging in a lengthy and brutal criminal case, exposing their child to further trauma, the molester gets to resign and find work elsewhere, with nary a blemish on his record. the rcc did it deliberately, but our legal system accomplishes the same ends through negligence.
why queue to use the atm when you can just mug the last user source: londoner
a line? fuck that, i’ll just go and dig for iron ore and make my own coins. source: an aussie
exactly. your flip-flops act as a proxy haha
mexican restaurants make the best tacos 😐
have to agree, from the us. lebanese chef had that game on *point*.
palestinian hole in the wall shawarma dudes chuckle and wink. . . sure habibi. sure
look at his profile. obvious botshill
you're wrong. the u.s.has been a russian adversary for decades. the u.s. has the strongest military in nato, and on the planet. russia had the strongest military in the warsaw pact and controlled the ussr. the ability for the u.s. to outspend russia is a long agreed upon reason as to why the soviet union collapsed. cold wars are expensive. nato was in a conflict in 2014. or had you forgotten?
if i was selling bitcoin i wouldn't accept rubles. they have to find someone willing to accept the currency to transfer it...
how do they on ramp though? with swift closed, they cannot write funds to a cex.
theoretically, this is true. but where that breaks down is technical competency. i’m a librarian, i have to help people forward emails to print stuff on a daily basis. now imagine having to explain to people that there’s an actual war going on and all they’re hearing on the news is state sponsored propaganda. now try to explain to them that the economy is about to crash. and once you do that, you have to explain bitcoin. and then you have to help them setup an account. it ain’t happening in mass in a year much less an afternoon. you’re basically setting people up to be scammed and lose their life savings. i’ll bet you within a month there will be a flood of bitcoin.ru email and a bunch of crypto will be siphoned off to north korea.
he has no clue. everyone on this site thinks they are a fucking financial analyst or foreign policy expert.
when covid hit they changed it to zero.
looks like it varies depending on the amount of each bank's assets, but ranges between 0-10% from investopedia: "banks with less than .3 million in assets are not required to hold reserves. banks with assets of less than .2 million but more than .3 million have a 3% reserve requirement, and those banks with more than .2 million in assets have a 10% reserve requirement."
considering the fdic is merely backed by “the full faith and credit of the us government”, the fdic is likely to fail at the same time the banks themselves do. it’s effective insurance against small scale bank failures, not an economic collapse. yes, sure, the federal reserve could print more money to cover all the claims, but the fed agrees that inflation is running hot as it is (never mind that they thought 3% was hot and now they’re pretending 7.5% is fine)
old enough to remember how the savings and loan crisis cost taxpayers . and remember how people acted as soon as there was a hint that their money might be at risk.
k…... now eli-haven’t been born yet
george bailey knew this.
wrong. cash in the bank is not yours. read the fine print of your account: when you deposit the money, the money is now the bank’s, with the bank having a liability towards you. you are not even a senior creditor, in case of insolvency. deposits are only secured by that country’s insurance (if there is any, and up to a certain value).
russia has absolutely been targeting civilians. and medics.
well there we got two cringe keyboard warriors... let the games begin! i'll keep the scores.
when you think russian rich's have a "chunk of their life outside of russia" and forget that the also have assets outside of russia. they'd are good to go with their foreign bank accounts. every crisis and war has only increased wealth gap to benefit the rich.
everybody loses with war. for fucks sake people, what are you even trying to argue here?
yes it’s super simple to freeze assets and is already mostly done
no. he is still the owner because he just passed "stewardship" whatever that is, there is no indication of how long, and in their statement they did not even mention how russia are fuckwads [ it was completely a pr move that people are eating up
so far i have only seen their movement being restricted, not really seizing
great, but you have to buy crypto first to sell it. and if the exchanges won’t deal with you your screwed. maybe china? oh wait crypto is illegal there. and then what do people use to buy crypto? crypto only works if everyone is already setup and ready to rock and roll.
that’s what halfbad was referring to wasn’t he? swiss banks, offshore accounts, shell companies.
here you go, they link to levada which is independent. you might want to consier the possibility that you are simply wrong. i live in romania, i know more about this than you do. the communists here were elected in the first free elections by 90 percent, while in the other former communist states, they lost. if we wouldnt have joined the eu, we would've been a belarus or a russia. you might just want to consider the possibility that russians have always liked a strong hand, a tyrant to tell them what to do and that they like that.
yeah they do keep voting for him, and i didnt ignore you. read what i said, the person invades countries and takes land. your solution is to keep voting.
shorter version of saying they are ok the way they are. they are not. zero diversity in russia for a good reason. the majority are fine with making sure life is miserable if you do not look like them. they can suffer the consequences of their leader's actions on this one. i've had the misfortune of spending some time in moscow when i toured some of the cheaper euro countries 12 or so years ago. never felt so invisible than i did in russia. makes poland look like a parathise for people of my skin tone.
this also explains russian oligarchs.
then do what romanians did in 1989. we had the worst dictator in all of europe and you know what happened to him. we had like 1000 death and 4000+ injured. democracy is not won just by protesting. you have to fight for your freedom. putin can only be defeted by his own people.
70% approval rating alot of people seems content with putin
not easy, still coward
wow. you wound me.
you *can*, doesn’t mean people *will*.
show me an example of this.
what's your point? you can also easily pay for mining hardware by exchanging puppies for it or whatever other asset you have
it ain’t so bad. they’re easy to transport.
asset: property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.
bitcoin is a fiat, but its not worse than a dollar, except that you cannot spend bitcoin directly for now. the dollar has two fundamental flaws. the government can make an infinite amount of it, and all banks can also create much more fiat, though the lending system. this is a double edged sword. on the one hand, more currency units are good for the economy, in that there is always enough fiat 'grease' to keep the wheels of commerce turning. on the down side, the value of a dollar is always falling, so its an endless treadmill to get more of them, even in retirement, so for savings, dollars are not so good. at the moment, bitcoin is more like a tech stock than a savings account, but that will change in time, as the volatility drops, while the dollar will always be a poor saving instrument, and the dollar being poor for savings moves people into other stable things for saving accounts, like real estate, which hurts the poor, that cannot afford to save in houses, or even ever own one !
then you do not know enough to say that. so shut your trap. again, the whole point of bitcoin is that it cannot be regulated. the best locks and security do not work through obscurity they work by design. even if someone spent their life studying the technology it would not make it any easier to break. bitcoin is the same.
short of a global blackout and huge confiscation of literally every computer… yea it’s pretty much impossible to kill bitcoin beyond it losing value.
don't worry, it has not gone anywhere, it is still in the same place it usually is
if we're being totally honest i think you have not seen line scum until youve tried to line up for something at a chinese lantern festival, my own experience. like a mosh pit basically. also completely kidding with the american thing. in my country we seem to have more entitled people by far actually especially right now
fine... since your wife is not home yet.
in line. we are each a part of the line, not on an imaginary line.
you got me, we stand in line, where do people stand on line? that's a good one.
why are they queing? just skip it source: an italian
i looked at their profile and comments. they may not have popular opinions but they seem to be a legitimate user as far as i can tell.
sexyoldhobo? 1 year old account. venezuelan dude - 10 year old account
i do not know if he cares or not, he seems insane. hopefully russian officers are not going to obey such an order if it comes to that
i understand but this has now become a worldwide danger how far is too far is it truly impossible to assassinate him and surely we have much more sephisticated technology now then back in ww1 and ww2 we could just zap him with a robotic insect im sure they must exist by now
not an expert but china has not put sanctions on russia. so they purchase btc from china. exchange from rubles -> chinese currency -> btc. this, only if there is some kind of exchange that is focused on asia.
when this happened i felt it was the honest signal that the system was guaranteed to fail spectacularly. i keep telling people that consumer banking is immensely risky at this point and to take custody of their own money. the banks are levered 20:1 and have zero percent reserve requirement. it’s truly a house of cards. i am scared for what will happen in an emergency situation.
holy shit, i didn’t even know about this. we are all fucked.
love how that was kept quiet lmao
hoky fucking shit had no idea about this. we are all plebs, my god.
the modern fiat banking system is such a scam
ah, so if i have 1b in cash, all i gotta do is start 67 banks to put about 15m in and i've got infinite leverage? amazing!
this is why my savings are in crypto.
so we just give everyone zuzu’s petals and we’ll all be happy, right?
yours kind of like driving past a car lot and seeing your trade in up for sale. it’s not yours but it is still “your” old car.
what’s nice is that some of the sanctions have included freezing those assets.
i agree, but the war does effects the attacked more than the attackers. so feeling sorry for the attackers is morally repulsive.
i am by no means an expert on how russian people think. i would never make such a claim ; and if the majority of russians do support war then i don’t have sympathy for them … the point i am trying to make is that putin has fooled a significant portion of americans and american politicians to side with him … if he can do that then fooling his own citizens should be much easier. propoganda and misinformation can be an extremely powerful tool. of course i consider that i misjudge the russian population, … but based on the balance of information available to me, my conclusion is that the average russian most likely don’t want a war. based on putin’s well known personality and his delusional outlook on geo politics, i can very easily see this as a vanity project - he wants to restore the influence of the former soviet union. one also have to ask the question: why do they like a “strong hand” as you say ? is it because of generational oppression, that people have come to believe it’s the only option ? thank you for taking the time to listen to my thoughts!
now think for a second, a bit further than the length of your nose and actually consider my questions… do you think russian elections are 100% free and fair ? do you think russian elections are free of intimidation and corruption? the main opinion polling companies in russia are closely tied to the kremlin. in the last elections there were widespread accusations of “forced voting”. i seriously doubt the general mood amongst the russian population is excitement for poverty and war.
not interested in getting into an argument with you. i’ll just point out that russia is one of the most diverse countries on the planet. although there is a majority, as there is in every country, there is a wide variety of peacefully living people of all sorts of religions, appearances, and otherwise. moscow is one part of russia (itself not entirely monolithic), but you would see all sorts of differences as you traveled around the country toward kazan, yakutia, buryatia, and countless others. i’m from a western european country and have lived in russia and ukraine (as well as poland, since you mention it) for decades. i’m sorry you didn’t enjoy your one experience in the country and that you’ve developed a broad intolerance for all of its people. finally, i’ll invite you to consider that this conflict is not so simple as russia and it’s people are evil, and ukraine and it’s people are heroes. there didn’t happen overnight, and a lot of decisions following the thissolution of ussr finally came to a head. putin’s decision to forcibly take land of another country is reprehensible. however, be careful you don’t over-simplify what got us here. that’s all. stay safe out there.
russians at large are powerless. for that you need the army or at the very least the police on your side.
this is a list of known journalists killed in russia since putin became president. i get what you mean. actually there seem to be quite a few people that would be bothered to change something over there. they just thisappear or die very often.
i guess i fail to see your point.
yes, you get bitcoin for mining bitcoin. you also get paid fiat for producing fiat. you can trade puppies for fiat, or bitcoin. bitcoin is an asset like any other. what’s your question? the value we give an asset? well, post-fiat you could trade a bitcoin for a bar of gold or a tin of beans. the choice is yours. what’s fiat really worth anyway with fractional banking in a debt-driven economy? there’s no gold standard. tangible assets talk and ious walk.
anything with value is an asset. a painting is an asset. a dollar is an asset. bitcoin is an asset. i don’t get your point? something can be an asset and still be quite a useless currency. in a world without fiat currency. bitcoin wouldn’t exist. it has no intrinsic value. gold and silver have very little intrinsic value.
lots of holes in this paragraph. comparing it to a tech stock is flawed. but honestly, this is my fault. i didn’t realize that this post was in the bitcoin subreddit not the best place for actual thiscussion on the topic.
>then you do not know enough to say that. so shut your trap. look how mad you bitcoin bros get when someone points out that bitcoin helps war criminals and tyrants. fuck bitcoin. bitcoin is not some magically untouchable system. i'll bet you think bitcoin mining equipment is made of unobtainium, huh? 😂🤣 people who support letting putin use bitcoin to escape sanctions are fucking traitors.
then we should just kill the value of bitcoin.
she must be stuck on the motorway.
i think it is queue on line, i might have my colloquialisms backwards. i know that there is an american<->english translation issue between the two, i had a conversation with a chap that took issue with me "standing in line"
what que? source: an indian
let's see what happens, dude. maybe we will be able to get rid of him here in russia
you're so full of total dickshit.
i think china has banned btc recently so it’s not that easy for them
well it is still protected by the government up to a certain amount. in the event of a run, you'll eventually get your money back.
despite the volatility, bitcoin is pretty cool.
just because you have infinite rope does not actually mean you have to hang yourself, just that its much easier if you decide to start tying knots. the banks also want to not go broke again, even if they will probably get a bailout, its not 100 %, and it looks bad to be forced to testify to congress to get your handout. also, if they lose money but do not go bust, that comes out of their bonuses, so the incentives are still to not screw the rest of us all the time, only occasionally, when the profit looks too good to ignore.
> holy shit, i didn’t even know about this. we are all fucked. i wouldnt overreact; it has been defacto zero for like 70+ years. anytime a bank was short of their reserve requirement the fed would simply print them some spare reserves, then charge a fee for the service... which they would also print. the 10% money multiplier effect was essentially always a lie. changing it to zero is just a recognition of the reality.
and who's downvoting this?
you speak as if the army and the police are not also russian.
after a night of pondering i guess your right. i was blinded by my freedom of press. my heart goes out for the people of russia and ukraine.
that is bad fucking ass. i never knew this and now this is on my bucket list.
the point is the difference between manufacturing an asset out of a less expensive asset, and being able to emit a larger bank out of a smaller bank note as an inherent property of your global money the second one implies that most bitcoins will have to be invested in more bitcoin production because that is a *guaranteed* way to become richer in the world of bitcoin supremacy. as long as bitcoin is too big to fail, this will be the perfect way to increase your wealth without risks. this investment wouldn't have any practical limits because mining would have to continue and continue to be profitable. the only practical limit would be exhausting some earth's physical resource, like running out of materials to make chips or running out of energy available planet-wide that can be used for mining
you do not get paid for producing fiat, you go to jail for trying to do that. if i'm taking a 'm a counterfeiter, not a miner
it is not a tech stock, it just correlates well with other tech stocks at the moment, so its a fair comparison. clearly it has no earnings or products, but it is moving in sync with other tech stocks.
ahhh the frustration of the ignorant. no, miners are not made of unobtainium, remember that part about them being everywhere? that's because they are a dime a dozen. they do not all have to be rtx3090s. i could build a miner with the i7 950 and gtx 570ti that i've got sitting in a closet, it wouldn't make me money but it would hash blocks.
bitcoin isn’t helping criminals any more than gold does, as they’re used exactly the same way.
i'm not trying to be mean but how did you manage to get to this subreddit while being this ignorant? because you keep suggesting things that range from literally impossible, to woefully implausible. unless you have a device capable of mind controlling the global population, you are not going to be able to just kill the value of bitcoin. i'm not saying bitcoin is not capable of crashing (although crashing to below ), just that even if we could force it to crash, that would literally do nothing to prevent it from gaining its value again.
dang, first she gets stuck on the highway then gets home only for this guy to get stuck in her interstate.
not me. in fact, you are.
this is wrong. the money to pay out deposits in a fractional reserve system simply does not exist. the central bank could only print it, but then the monetary system gets corrupted and trust will go down the toilet forever.
i see you’ve never looked into the fdic scam. they only insure a fraction of deposits. they do have the money printer but if the catastrophe is too massive, confidence in us fiat could be permanently destroyed. which could nullify bail outs.
because of\* you cannot make gains without volatility ;)
bitcoin has its uses, but runs into the same problems as gold: finite number can be hoarded by those who can leverage(often political) assets.
no, it is not. crypto is cancer.
pretty cool at losing all of your real money!
bitcoin is not fungible.
probably people that don’t understand that the modern day fiat system is a ponzi scam.
bitcoin talks tcp. whatever network-layer is underneath is irrelevant. the osi model is neat that way.
i'm sorry, but this just makes absolutely zero sense... and is just plain stupid.
so fiat currency magically appears in the world? someone has to physically manufacture it and they get paid to do it
bitcoin bros are the most cringe motherfuckers on the planet.
>how did you manage to get to this subreddit while being this ignorant? are you kidding? this subreddit is a circlejerk of idiocy. wasn't bitcoin supposed to be at ? 😂🤦 just crash it and make it illegal. problem solved.
fdic covers less than 2% of deposits. it protects only against defaults of smaller banks. in a system wide bank run deposit insurance does not help.
if they change the price of oil to bitcoin maybe but until the usd isn’t it the global currency of business globally don’t worry
what fraction is that?
why is it more cancer than any currency or means of exchange that you use?
it is literally fungible by design. bitcoin is a fungible asset because every satoshi has identical functionality and quality.
what makes it a scam? i studied finance and it all makes sense to me.
of course it is since it assumes that bitcoin will replace worlds currencies
salary for those people is not what prevents money from multiplying endlessly
lol said reddit lmao
sort of sure, but not inherently so.
either you're a troll or you're very ignorant. >wasn't bitcoin supposed to be at ? according to some idiots prediction, but as you can see, speculation is just speculation. >just crash it how? no individual or government controls bitcoin or its price. again, unless you can convince the global population to all sell their bitcoin and not buy it again, that is not going to work. >and make it illegal. problem solved. making something illegal does not make it go away. you'd have an easier time just convincing putin to stop fucking over ukraine.
i am both devastated and carefree at the same time
that bleeding chart at the end 😄
whenever i check the chart, i lose 100$
i need more fiat to buy the dip
bitcoin sale: buy one, get one free
small number: get more bitcoin big number: admire big number
i woke up at 4 because of my kid and bought the dip while holding him. i woke up again at 8 and the dip dipped even more. meh.
just the market cleansing itself of elon's toxicity.
if you don’t buy this dip i don’t want to hear from you in 5 months about how you shoulda bought the 2021 dip or you want everything to dip again so you can buy a dip.
without leverage, nothing can go wrong
me when btc was at 40k: should i short? yeh (doesn’t short) me when btc was at 30k: should i long? yeh (doesn’t long) also me: well that was fun watching me lose 60% of my portfolio while i sat there and did nothing 😀
watch me panic sell in boom
all we can do is laugh.
no fucks given. won’t even remember today in 6month time
the whole market is down, i don’t understand why everyone is freaking out it seems pretty normal to have big dips
bitcoin limbo: how low can it go
everyone: panic! me: *buys more coin*
32k btc, hopefully it sticks around so i can buy more tomorrow.
i’ve been in this game for far too long for my conviction to wain. i’m actually psyched this is happening.
i keep buying the dip. i keep buying the dip. the dip keeps dipping.
people who bought below "chill, dude, this is just a normal correction" people who bought above "fuck elon musk!!!!!”
look how they massacred my boy
boys, i’m hodling it feels so good, like i’ve reconnected with a higher life form
don't see the issue. i still have .32 btc and nicehash is crazy right now.
whos playing that song?
buying the dip since 2016!! let's go!!
still calm about it...
embrace the chaos, that is how you survive in cripto
btc vets when they realize they can buy coins on the cheap.
think i need this as my ring tone.
let’s pump those numbers, those are rookie numbers
down 70k in 24 hours... i’m chillin’ ❄️❄️❄️
only the strong survive! we hodl
seen this a million times. i'm not even a cat guy really... still love it!
the dip looks over? or dead cat bounce? who loaded up?
this is my favorite meme format of all time.
reminds me of the beeeaar market of 2017
bitcoin thiscounted, that’s how i see it. buy buy buy
to think i bought the “dip” at 42k...
right now, it seems to be in the middle of 2017. if this is the case, bitcoin can reach -.
everyone holding crypto: “this is the end of days!!” me who has hedl since 2010: “this is ::looks at calendar:: wednesday”
chart is urinating at the end ... urinating blood
so did y'all already buy the dip or...
just in time for payday
this. the hero we deserve.
just opened reddit for all the memes. not thisappointed.
classic. hodl is not a meme. it is the only proven method of maximizing returns year over year in bitcoin. ***"owning bitcoinn is like being on a roller coaster driven by a psycho clown who keeps looking back to see if you've pissed your pants yet."***
maybe i'm already dead inside but i'm trying to scramble up dry powder to buy these dips lol
now my newbie friends is the time to buy and hodl!
to me it is "buy more cat"
it just on thiscount guys no need to worry
i wonder if i should buy since it’s low, or freak out. not sure. so, i’m just gonna sit here and try not to think about it.
i'm deeply concerned that i'm running out of money to buy these dips.
i also do not cate
if i had more ’d buy more
i love it! buy the dip and hodl my friends!
time to buy for the first time at my physical local bitcoin withdrawer!
whoever buys now is going to make a fortune 🟢
btc lives on the moon, it just occasionally takes trips to earth
so... buy the dip (?)
gooooooood, i wish i had some money for this dip!
me watching my bitcoin and stocks go -50%
i don’t understand why you would hold all the way down. but sure you do you.
we all know it’s only temporary
i mean all my btc is locked up in a cold wallet. i’m ride or die.
the show goes on!
that was me this morning, down 26k
i haven’t sold a god damn thing and don’t plan on it until at least the end of humanity
memes like this is why i handle dips like a boss !
i wish i felt like that. have not seen so much red in a while.
my guy i'm fucking cackling at home by myself
i had been saving for a while, finally decide my money needs to be invested. unload what i can into tsla and then into bitcoin at the beginning of last week. f my life, lol. it's like the universe knows what i'm invested in, and will never let me succeed. might just go with nestle next time, then when it inevitably craps out, at least i can get a moral victory.
anyone else cannot stop watching this? i've seen it dozens of times in the past and still watched it 8-10 times today.
my friend sold all his bitcoin monday. i failed him. instead of giving him the bitcoin standard to read, i filled him with fomo and his belief in crypto was not strong enough. sold after he saw a bit of red.
did i miss something today?
what is the name of this song?
completely uneducated in this but it seems like a good time to buy, where is a good place to start for the uninitiated?
great time to buy in newbs
bitcoin successfully united against the yielding market today. definitely proving it one of the top growing stores of wealth.
can i get a gif version for my nzxt kraken
i can make it all back its just money 😭😭😭😩
going to 100k... no matter what china or musk say about it.
guys, i just checked my balance and to my thisbelief, 1 btc still equaled 1 btc.
fuck you elon, never buying a tesla and happy i sold all my tsla. overvalued.
has china banned crypto?!
bye guys im not hodling, see you guys in the next 4 year cycle
lmao just sold a week ago...at least i can now buy the dip.
hope it goes down to 20k.
i hope these crypto coins fail. we need our gpus back
elon manipulating the market is realllll. dude sells and now it takes a huge dive after he bashes it and media follows... let’s see if he buys back in at this beautiful dip 🤑😂
buy. buy. buy. every 1k down i buy, buy, buy.
hope you all enjoy your stay at hotel california! got silver
yay, let us post old memes to thistract from the fact that most people here lost money
i sold all my crypto
you do not care that you lose your money... i cannot understand how is this "cool"? hodling as investment i can understand, but hodling and making big deal every time it goes down, i do not understand. buy, shut up and forget about it. it's like, wooow everyone sold over 50k but not me, i'm better because i hodl and now it is worth half of it.
i like crypto and stonks. but hedgies are screwing all of us. i got into crypto first then got into the ape war. thought process was this... if the squose makes me a millionaire from a couple grand i’ve dropped in. then i would be able to buy into crypto for the long run. since i know it’s gonna replace the dollar bill. but they are stealing billions from the crypto market and dumping it into the fight against the apes. with no reason to stop. my idea. round the crew up, join the ape fight, make some mad cash taking back what they stole. then when it’s over we can all jump on some crypto with major bank. talk amongst yourselves. the apes are always around.
just waiting for it to level off to buy low.
man... that cheered me up...
watching this on a repeat loop is keeping me frosty af. thanks op
thank you so much. i needed that.
where can i download this
i should buy more catecoin…
need a 10 hour version of this
the only thing i do not like about this post is that i can only upvote once. xd
loving this crash. just allowing me to buy more btc.
me right now, knowing i made the best decision to buy the dip heheh.
if its any consolation, i bought the dip then it plummeted a hour later so f the market. still hodl'ing
thanks bro i needed
wish i was up when it hit .24, would have bought more
just blissfully loosing thousands this past week 🤕
haha so i am so red, ill rsther hold the bag than sell now 😂😂😂👐💎
guess i'm buying back in
how to save this video...😀👍
ill hodl till i die
don’t talk yourself into making any emotional based decisions... unless that means buying!!!
buy the dip and enjoy tomorrow
that’s my mood for sure.
i’m down bad, i just started investing in stocks, i put in 50😭
i love this energy
thank you. this made my night. hodl!
ikr!! buy the dip!!
i'm not fucking sellin
everything that has a beginning has an end. it dumps hard only to pump harder. the arrow knows it must go back to shoot ahead.
was going to sleep, woke up, thought - omfg... got this vid, and was happy again
i aint fucking selling you slimy institutions!
fuck me i had all my money in contracts, thought it could not possibly go below 36k overnight... now i'm liquidated with nothing to hold. that's what greed gets me.
china banning crypto is the reason i know it’s the future. they still don’t have the internet over there.
i can’t bring myself to sell. my avg price is ~. god damnit daddy!
i feel like i've witnessed history or something, watching it go from 50k aud to 38k and now back up to \~46k again. i bought at 50k and at 44k after it bottomed out and sprung back up. happy cheap bitcoin day!
i feel such an insane rush of adrenaline right now. like, i am down so fucking hard on everything... yet, at the same time i feel so fucking jacked up right now!
see this cat hear those drums instant upvote
can i get a hug in the mean time?
money ready for the new floor wherever it ends up being!! 🤘🏼🤘🏼📉🚀🚀 bitcoin for life! even bought some saylor stock to support my boy!
back to where i was in january ;)
me: fuck. it’s down. also me: so anyways.
hey what song is this? has some nice beats and rhythmic.
the only problem i have is no money to buy this goddamn dip
hahahaha i love it !
i just had to move to quebec.
we were in panic when china would try to fuck crypto again now that they did it i can smoke weed in peace
what is this song? i love it!
always a laugh even when i crying today😖
my two year old wants to repeatedly watch this! thanks. we watched it 5 times now and counting...
why do people still compare the weak fiat currency for the superior satoshi
fitting, just in time for the dead cat bounce
my gains!!! gone!! reduced to atoms...
how can i download this video? its so funny i wanna share it!
the big correction; get out or enjoy the ride
oh you guys noticed the sky was falling too? ah fuck it i didn’t really like the sky anyways, wtf has it ever done for me .
oh, this is the best one yet! criminal!!
thats my face but im waiting to buy a 3080ti gpu and enjoying the bloodbath.
yawn...wake me up if it goes to ’ll care.
the best memes come out during price drops.
i care. he literally went out of business at this stage.
suck my balls cat
i should have sold at 60k.
i care!! i want to buy moooore!! 😭
i do not care cat saved me from hanging myself
everyone talking about how bitcoin is unstable me:what's the tracks name?
that's how we do it in the bush!
someone predicted 20k a few months ago and i was prepared and believed him. i'm happy i took the advice of "invest only what i can afford to loose" im not worried, just chillin and using my 5% bitcoin back at any restaurant debit card boosts lol.
told myself when i put my money i wouldn't pull out until my profits doubled or a year passed.
seeing this cat and this music always fulfills me with joy, my thanks to you
gotta love stealing content for upvotes hahaha. i still love this, though hahahaha.
good for you, holding the bags for the rich that cashed out
i care a little 🤕
elon musk got ... 💎🐳👑😎 still bitcoin but bitcoin diamond 💎💎💎💎💎💎💎💎💎💎💎💎💎💎 see ya there ... buy the dip .
i do not care
i am crying and laughing at the same time lmaoooooo
the show goes on!!!💎💎
how do i make this my ringtone?
bought 600 more ! on my way for my third coin
lol i love the spurt, can’t stop the bleeding.
china is the kiss of death
too sad i bought at 36k when exchanges were up again, while i was trying at 30. but i am very happy for this unexpected dip! now let us see what happens with the roller coaster. looks fun
i pulled some of my coin when it was in the 60's but would not be able to buy back because i have to hold the money in the bank to prove i have the liquid funds to live in the new country i migrated to... i am so happy it dropped but extremely sad that i cannot do anything. *sweaty face emoji*
i bleed but i don’t die.
guys ... you need to sell , while i hodl trust me bro 😎
hope everyone had money saved up to buy more!
where can i buy this nft?
sats stackers: this is where the fun begins
this is the vibe
when this sub hasn’t had a post in days i’ll start buying again... just like all the times before this one...
i just regret that i added funds right before the dip, not during it.
this makes my day. thanks
anyone got a link to the song
why is it dropping so fast
i fucking love this! nothing changed since a week ago. eyes on the prize! long term! 😎🚀
party on brothers and sisters!
1 btc = 1 btc.
damn i missed the best part of the dip
let's see if we can go to 10k!
boppin to the groove of the lose
i abhor reposts and i hold no crypto, but i really love seeing this multiple times per week.
i’ve been waiting for this day.
just started the dca after that capitulation spike nicer sold my hodl just was waiting for a good time to buy more
eh just maximum 7 weeks of the i don’t care then i’ll be in the phew back in the green baby.
got another 20 bucks worth! lol not much but i like dip!
y’all should trade options. once you suffer a total irreversible loss overnight it tempers you for situations like this.
that was great 👍
what song is this
" i understand some of these stereotypes
i was listening to "never gonna give you up" and this cat matches the beat purrrr-fect
this is so funny.
that’s my jam. anyone know a link to the video of the guy playing this song?
this cat 🐱is me… i have been losing money left and right and i am ok with coz i believe in the process... let’s goooooooooooooo🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
this confirms why i love cats
why does it dip the same day i try mining for the first time
vibes. i am not going anywhere
let the streets run ankle deep in red candles. buy the freaking dip!!!
i’m just so fucking happy. finally i can make some real gains buying now
this always soothes the soul on days like today
sums up my day
lost like 6k but lets all act like its nothing!!! #$%! kids use their damn allowance, ofcourse they dont care we went down with 50%
the best so far 😂😂
9000 here we come!
just remember this, while all the paper hands people are panic selling, big banking is preparing to offer bitcoin. this is just another way they keep the wealth gap alive and strong, scaring people into selling the dip, then snatching up everything they can on the cheap! gotta hold on tight, it’s a wild ride, but worth it! hodl
can anyone edit it with the funeral dance 🕺please?
that cat gives no fucks
wake me up at
retarded- a moron by any other name is still a moron - glad you're laughing that will help when it comes time to retire and you run the numbers how your retirement could have been had you been smarter
send me your bitcoin and i'll send you toothbrushes, soap and metamucil -- at least those will save your ass. and teeth
1 btc still = 1 btc 💥🤔😎🥸🤫
is that a sea shanty in aribic 😂
be greedy when there is blood the streets.
i'm starting to like the music...
what song is this? i want to blast it rolling through town in my 88 camry wagon.
can we please have a 10 hour version?
what caused this massive drop? was all this the fault of musk?
buy more btc. great sale right now!
the weird fact is, i was actually happy to see it drop. discount city babyyyy
i will always upvote this cat
you might not care but all the newbies are scared shitless. you guys should focus more on explaining to the new guys now this is normal and totally expected
that dip so juicy. the rebound gonna be hefty 🤑
this just soothes my soul... not sure if it is the zoned in cat or his nonchalant care free vibes. either, blessing truly.
fuck you elon, imma hold
what elon giveth, he may take away.
you guys still got fiat to burn in dip ?
i saw the dip and bought some asap for the first time in my life. i even chose not to buy a few kits i had been eyeing for the warhammer 40k obsession i developed during quarantine! if i was elon musk, that last statement would have made it jump back up.
we have gone through a 5 layer dip at this point 😂
i just love this!
fabulous!! good to keep a sense of humor if possible!!!!!!!!!
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣😍😂😂😂😂 i cannot do this😅🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
it's coming back with a vengeance. ,000 by end of q3. calling it. i missed the dip by a little bit, but went in pretty hard today.
i am fucking rekt
this video made my day, thank you :)
i would not quit my job after all
right? i have registered but nothing yet.
buy&hodl ✓ i thought its a funny idea to create a steam group for everyone that is still holding like me. feel free to join
omg...i never get enough of this cat. hahaha!
ahah this is amazing
elon giveth and taketh away!
hahaha...bot the dip at 30k...godlike btfd!
i promise i will never sell you guys have the full support of my virtual equity.
i'm trying not to be cat :(
this is the first time i smile in a week, thanks.
man i wish that was my ringtone lol.
if nobody cares then tupac cares.
this is cripto you always get another chance to buy dips up 50% down 50% tomorrow love it always action
someone make this an iphone ringtone.
i love cats <3
i do not care as much, but i also feel pretty thankful that i do not have any crypto loans to get called on.
that's me today watching cryptos
you don’t care because you never did.
for everyone who wish they sold before dip... keep in mind during these dips most excahnges not working properly so there is no chance to sell easily. you need to be prepared before it will start to crash completely, so your stop losses need to be in before.
i’m afraid but ain’t nervous 😟
fuck yeah ! to 0.00
well boys, i paid my taxes. i sold all my tsla (for a loss godamnit) and i bought the living fuck out of this dip (a huge buy at 41 and doubled down again at 38.) i did not leverage myself and i still have a fiat emergency fund to pay my monthly nut for 6 months in case i get hit by a truck tomorrow but other than that i'm as in as i can be for a middle aged single man. i'll see you fuckers in the meme video threads when we celebrate getting back to 60. pray for mojo.
does anyone know name of the music?
i miss 10k rollercoaster boy and vegeta memes
i bought at ,000... 🙂
after being an observer for a while i finally decided to invest about a month ago. this obviously means i made some okay gains and have now experienced my first correction and the losses that come with it. well, shit like this makes me legit feel a whole tonne better about it.
if you see this u, could you possibly send me a copy of this gif or tips on how to save it? it's my life right now and i'd love to post it off reddit
elon musk dumps at 65k, burns everyone on the planet with scalding hot water and buys back at 30k. man plays i do not care cat ?
newb here. it isnt worth selling your btc and buy it again at the dip? why buying while going down?
where will it stop?
get out now and buy back in at the bottom
bitcoin will forever be bullish and will also leave many many bag holders
hodl! it’s just a tactic to scare us! 🚀
eh the original title was better
this made my dang day !!
just a regular day , catjam emote
it's on sale bitches!
i’m weeping but also this is funny
yay crypto sale! imma try to hold out a little longer though to get a little more fiat and get a better deal on more crypto.
good. we can stop ruining the environment
my co-worker mitchell has one of these. he says it looks dry.
gme ape here we want our cat back!
honeybadger does not give a shit.
this is a valuable lesson to people who are new to the space, hopefully they got better understanding of the volatility but held their positions.
this is accurate respresentive of me currently...
who made this ? why do i look like a fucking cat in this video ?
i have no bitcoin, but the solidarity in this thread is both absolutely retarded and inspiring. 😎
just another buying oppurtunity
hello guys not selling a single satosis :) hodling until i get old then i will harvest :) wish you peace and calm i know is a very hard moment for many.
maybe the best meme of the century!
lol there goes the “investing toward my future” and “oh i’m being way more responsible than all those people spending their money”. suddenly you’re carefree and can’t give a shit that you lost money on a volatile investment? shweet... can’t wait to buy a gpu at normal price though.
dips just mean more bang for my recurrent purchase bucks.
now this is why i love red days
why can’t i stop watching this?
at least memes make losing money fun! i belong! i’m part of the losers! 😃
i can finally buy a graphics card without worthless miners getting their greasy swollen stumps of inbred fingers on them first
come on brethren! y’all got balls of mfucking steel! lil recap of 17 is all. hold strong!
nothing is lost. only reduced profit
bitcoin please hit 1,000
not panicking in the slightest but i still needed this
drop it more, papa wants a thiscount!
greatest meme ever, hope it never dies.
this will never cease to make me chuckle and bob my head with cat
who else bought more? btc sale today. 20% off
i love these vids hahaha
i’m down -9,576k i don’t feel a thing man, anyways we are all in a virtual reality right?
cat bought around 2013 amarite?
lol this is awesome
first time i've seen this, beautiful. lmao
can i get please please please get the source mp4 link?!!?
say what you want, that fuckin guy gets down on that drum... whatever you wanna call it!
what song is this? i’m jamming
i love this song
which song is it?
this is fine. 🔥 🐶 🔥
if dollal simulator taught me anything, you wait for the market to go negative.
if you do care, you're overinvested in cryptocurrency.
bahahahaah just the laugh i needed ... was coming on here to panic but fuck it lolol
down 200k shoulda bought 4 tesla’s …
meanwhile, the grumpy cat memecoin is up big time while the other cryptos fall
good thing i sold a month ago.
i just imagine some old school investment strategist coming across this and like... breaks down
anthem to my life right here
bought the dip today! let’s go my dudes!
greatest advantage of crypto speculation is that there is no leverage involved which would force so many positions to be liquidated.
how low will itgo? i'll yolo another
i never had a single notification from coinbase the past 6-8 months. until now it’s blowing up my phone with “btc is down 15%” etc
😂😂😂😂elon musk played well
please can someone tell me what that song is?
buy buy buy, all i see is cheap cheap cheap
you do know that head bob is coordinates with the "buy" button on his phone. just do not care. gotta buy the dip.
i just stopped checking on my portfolio all together. don’t plan to sell and staring at seems to make it worse.
let it burn baby, i have a good soundtrack. it'll be back to where it was and then some in no time.
weird. the first time i saw this meme, the stocks were green. makes more sense.
fuck it dude. keep holding.
i love this way too much 😂
i only check my bitcoin every 5 years 😎
please we all buying the dip, don’t just rush in without having a proper knowledge about bitcoin, look at the chart , bitcoin has broken market structure so before you rush in with all your money , please study the chart first
i've never bought before. but i'm buying this dip.
just means it’s cheaper for me to buy. dips are a prime investment opportunity and it’ll correct itself soon enough. btc dropped by close to 20% earlier this year and bounced back just fine. this sort of thing happens pretty regularly and you just gotta hold your coins and buy more for when the price inevitably goes back up.
if you want to invest in one of the most innovative token atm. look no further then . earlybsc.com
with small fluctations you could already earn something
can someone tell me which is the original video of the bg sound? i just remember is a guy in a bench xdd
haha at least we are all fucked together there something in that i think 😂😂...
cat just wanna watch the world burn! lol
first time i waited til the ending... omg!!!
this could easily be turned to an opportunity...
denial is the first stage of grief 😉
gooood. bitcoin is dying. i can finally get a gpu for a reasonable price.
this is so funny that it hurts
serious question: what is this song called? such a jam!
i am holding since i bought 2 for around .5k, witl hold, not sell, never sell
thats me. thank you
gna make this my morning alarm
someone please tell me where i can find this song and make it my alarm tone!
would this cat be chill if bitcoin plunges to ?
when you’re living life at a party and robinhood killing you in you’re pockets
so cool cat ! xd
this could get reposted everyday, still up voting!
you want more of this, then let us get smudge! smudge likes new friends, but he do not likes dogs!
i lost the majority of this month’s profits
how do i save this to my phone!?
this bleeding is more like a menstruation - you know it will be passed in a few days anyway, screaming unnecessary.
somebody post a link of the song. it's too catch for a 30 sec shitpost
of course no one cares if they can afford to lose it all.
smudge meow! we are true family friends of smudge
i love this lol
this is my theme for the day
where did you get this video of me. i knew the cia was spying on me but you too? for shame.
blame china for banning crypto and starting their own crypto
nice to see people buying the dip. we are together in this. ;)
loved it with green going up. love it now too with that red going down. was down 3700 in an hour monday. bounce back up over 2k an hour later. love it 🤪🤪🤪🤪
its true i do not care. started out poor going to stay poor till suddenly moon.
cat don’t care, i don’t care
lol btc didn’t drop to ... far from it but this cat won’t care
dude what song is this. i’ve never heard this kind of music and it makes me want to dance.
diamond fucking hands baby
aaaaannnd. we’re back. roll the tape again! ba du ba baa ba de ba baa ba du ba baa
when r’re i democratic fascists lolololoz
this shit legit has me crying over here 😂
its not our first rodeo. dont have letuce hands! hodl
or maybe we should stand together for the principal of crypto... especially with trillions being pissed away without a choice, ruining our dollar. crypto would balance the world monetary system and not allow "fiat" simply printing as much as they think works.
this is legendary ftw hahaha
i do not care cause i'm already dead
the first leg down of bitcoin was almost the exact % as the 2007 s&p 500 from 1565 to 676 sp -56.7% bitcoin from 65119 to 28274 bitcoin -56.5%
it's half the previous price now, buy one get one free deal.
the only people that do care are the ones that expect it to make them rich in 2 weeks.
i listened to this for a long time.
cat's dgaf level over 9000
what song is this ? i need this song in my life
you might want to invest into sound foam
the hide the pain cat
hahaha thats sick i actually laughed you got me 👍👍👍🖕🖕
bitcoin the slow slug
where can i buy ?
lets break this system apart sith crypto ❗️❗️
how do you feel now kitty cat?
the bitcoin is already legal tender in el salvador senores
the president of el salvador speaking about the bitcoin now on twitter.
lol btc is dead e t. h to the mooooon
btc : gimme rest cat : i dont care
time to destroy btc
where does the bleeding stop
i really expected the "dump it" meme today.
i care! i care a lot about buying as much btc as i afford can while it is cheap
can we expect it to go to around 31k around somewhere? i am planning to buy considering this as support value...
bitcoin to the ground!!!!!! ↘️↘️↘️↘️↘️↘️↘️
“it’s only when you have lost everything that you gain true freedom.” -btc chart 2021
i feel the exact same. wim hof breathing works wonders
i can relate bro. we're all in this together!!
i get this because as i am sad about my current savings diminished i am also thinking next paycheck i will get to buy more satoshis.
what is happening? why so low?!
i’m devastated cause i wanted to sell earlier this month. now i know i’m not gonna sell cause i’m not taking out more than i put in. that would make an idiot now wouldn’t it
you have no idea how accurately you're describing my feelings right now
just started this year, but after some shocks i am already amused and just laughing along. what is wrong with me...
looking at the 3mo chart takes away the concern.
devastated? i'm so happy i can buy more now
i'm totally stoked because this means i can buy more at a lower price.
numb is the word you're looking for. numb.
"my thoughts drift back to erect nipple wet dreams about mary jane rottencrotch and the great homecoming fucking fantasy. i am so happy that i am alive, in one piece and short. i'm in a world of shit... yes. but i am alive. and i am not afraid." - joker
can anyone give me the lyrics to this?
couldn't have said it better myself
hahaha thats atm my both eyes when i see the red candle
lol that got me
don't look anymore! maybe this is the reason why it bleeds.
i've been seeing 4 digits variation on my end... 🤯 i need to stop checking the charts for a while!
it's not a loss until you sell it
and whenever i check. i end up with more sats. weird.
you do not "lose" anything unless you sell, so just do not sell. simple.
just do not look at the chart. schrödinger's satoshi.
lmao i was actually waiting for someone to post this when market tanked - will never not enjoy this 🔥 tune and carefree cat
it's weird when you make eye contact while we're doing it
just sold my tumble drier so i can buy the dip
why are you not using other crypto? ahhh right it all crashed lol
the dip, of course, happened as soon as i got paid and invested my 20%. so no, not only did i immediately saw losses, now i cannot buy the dip lol
are you not concerned? newby here noob**
atleast your kid can sleep easy tonight
i “bought the dip” a couple days ago at 47k when i was afraid it wouldn’t ever get much lower than that… wish i had the funds to buy this dip.
oh those will be here and be very vocal.
i'm pissed af because i've been waiting for months for this dip but i'm in the middle of a house buy and cannot spare a dime. i hope all of you mf's are taking advantage of this while i have to just watch...
30k caught me sleeping, could have definitely bought some
hopefully it keeps like this until the end of the week payday. got some stockpiling to do. avalanche has been pretty nice.
in 5 months i'll be buying the 90k dip!
do not forget to re-buy at ath's, that is what good traders do
will you please just sell already i’m ready for the dip to dip.
volatility smiles at all of us - all we can do is smile back
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anyone who knows how to read a simple fucking line graph on coinbase knows this is very normal, and a great opportunity to buy!
already back to 36ish, what a day.
hash profitability has been going nuts again
[bilal göregen]( edit: with [added cat (official)](
i remember when it went from 1200 to 200 and 19k to 3.5k. this is the way. i had so many friends buy around 10k then panic sell at 4k. i bet all these panic sellers would love to have bought in at 10k and hodled.
seems as though i have bought the drip
holy smokes, would you look at that
what's your point? 1 usd still equals 1 usd
this guy will panic buy at .
ooof when did you initially get in?
not going to happen
you are so dumb, only 1 of the 1000s of coins actually use gpus. bitcoin doesn’t even use gpus.
crypto is not the reason for the gpu shortage.
of course he will. he’s an asshole, he’s not stupid.
oh no, poor capitalist pigs who dont give a fuck about anyone but themselves losing money, boo-hoo~
it’s not gonna level off it’s gonna keep doing these fucking head fakes until it’s neck snaps or it lobs for an alley oop
you lost thousands satoshis? feel sorry for ya. how that happened?
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its going to 20k before 60k! wait for the proper dip this is nothing
maybe you could screen record it? i don’t know if you can download the gif or look for someone who already has
never mind comment u
depends on what the men with guns at your location have decided the tax regime will be. under draconian tax regimes prevalent in free countries like the usa you will probably go backwards.
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right there with you mannn, buy the dipp!!!
why is your avatar looking like some unnamed austrian führer?
i'm still up 105%
haha, eckhart tolle would be proud
my bro 🤣😂 i had a 100...
look at the bounce. lol incredible. how many times has bitcoin been shot in the head and rises with a smile moments later anime style, hole still bleeding? 🩸beautiful.
str8 up just finished my rounds
be. in this moment.
i dunno, it is cool that the body can live without breathing for 90 sec at a time, but it does not make me feel good when i do it.
we should adopt the liverpool slogan at this point.
i'm hodling your hand my friend.
zac efron has entered the chat corbin bleu has entered the chat vanessa hudgens has entered the chat random background people has entered the chat
isn’t it kinda weird? we are all in this together, yet we are going to be making money somehow. very weird.
it’s btc that’s why. happened before. happening now. will happen again. hold on frens.
because human beings are celebrity worshiping reactionaries who cannot think longer than 5 seconds into the future.
"low" 😂😂😂 sweet summer child
big names are pulling out all over the market to prepare for the gme margin call
look at the wyckoff pattern, we followed it exactly
tesla stopped accepting it as payment and china essentially banned it saying its a volatile currency with too many risks.
they are crashing the market to try to cover themselves in gme and amc
just bought . i'll probably buy more, i've been waiting for the dip
at this moment it doubles the loss man. god bless me
every time you rip a bandaid off before it has healed it opens the wound back up!
lol shirts air-dry anyways
we european have just one monthly paycheck, so i dca went straight at the beginning of the month, when btc was like 55k lol maybe next time i'll do the dca byweekly...
just extend your percentage into life savings now lol.
not at all honestly. it can be scary seeing these dips but that’s the crypto and btc cycle. this is why you see over and over again to dca and not invest more than you can afford to lose. i’ve been here since mid 2016 and my investment strategy hasn’t changed. holding all my assets for a minimum of 10 years and continue to dca weekly and buy dips like this.
concerned? i'm happy as fuck, i did not thought i could buy this cheap ever again... buy the dip guys!
nothing has fundamentally changed about bitcoin, it is still the same near perfectly engineered monetary network that maintains a 21 million unit supply, makes a new block of transactions every 10 minutes on average, all while being controlled by no central authority. only people who are following hype and have not done their real research are panicked.
not at all. buy opportunity.
slammed as much as i could afford when it was at ,200. you dont get 50% off opportunities often.
been concerned only 1-2years since 2012, now this is normal
"newby" you are... it is spelled noob :) as someone that is been into bitcoin for 5+ years, no, i'm not concerned either. i just wish i had more money to buy.
i’m hoping it stays this low until my tax return comes in featuring the 1200 stimmy
been through bigger crashes. it's an opportunity to stack more sats.
bitcoin always does this, this is normal and nothing to worry about.
i also bought a "dip" like that a few years ago, right before it came tumbling down. just ignore the charts for a while and eventually your "bad" purchase will reward you!
haha same. my weekly swan draw is today so that’s all i can do right now personally.
hey, adding property is a good investment too. just look at it as stacking equity points.
i'm earlier in that process, so that just means i'm going to be renting my current place for another couple of months. 🤣 never be thisappointed when you're investing in your own future.
i see you also know the way
sorry for the newbie question, but what exactly is ath? i've seen it mentioned before in this thread.
buy high, sell low
the dip is a lot heavier than usual so i am a little worried but better to stick it out than lose
it's just getting started
if you risk what you can afford to lose then who cares my guy.
i remember when it was cents. then again, i've never bought bitcoin, so i did not profit.
i dont care which ones do. all i know is that i cant get normally priced gpu.
yeah im sure it has nothing to do with it when people are buying 6 gpus or even more
> capitalist pigs disgusting, do you know how many people bought at the top?!
well i started buying at 47k like 4 months ago and bought all the way up to 60k, i have a 54k average and it’s very very red lol
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thanks! i found that out as well and tried it but did not seem to result in anything. really appreciate you taking your time to respond!
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he is nikola tesla idiot
measly 800% gain. i feel like a peasant.
that's why early investors can hodl for longer.
im just trying to see how low the dip will go before it goes back up so i can chuck like
"become aware of your heartbeat, slow it down. feel... let that relaxation spread down to your toes, to your fingertips." all the love, all the power
just broke out of the block of ice i've worn all day
you'll neeeveerrrr walk aloooonnnne
pudlian' here when you walk through a storm hold your head up high...
we are in this together
if btc crashed to an all time low of 3k, it can certainly go as low as 10k this time. time to wait a while then fill my bags, and wait for the next rocket back up.
you've spelled hodl wrong . . . . . . . . valid point tho...
just waiting a little longer til it drops then i'm throwing 2k at it
you'd think elon talking about crypto efficiency would move everyone to more efficient coins but no, it is all across the board panic.
isn't it also to do with the news from china cracking down on miners too? i think that is the bigger issue here.
what! china banned bitcoin!!! again???
china: "too volatile! let's ban it for everyone's safety!!!" bitcoin: goes into volatile downspin. china: "oh"
they've banned crypto payments almost 10 years ago and 4 years ago banned exchanges. fud for jp wealthy clients so they can get it cheaper imo.
i bought my first . yeah. it was me.
👀 you did not see what happened in china
think of your first investments as long-term, current investments during the dip as guaranteed profit since you know the price always reverts back to at least what it was. it’s money time forget the losses, this is an opportunity!
anyway sooner or later it will go ath. i'm waiting for it to stop bleeding for few days and they i buy more. i guess most of people think this way.
nothing you cannot say to me in private that you cannot say to me in front of my 50 million acquaintances
no, he lost the shirt off his back and doesn’t need the drier
daily cost averaging should be daily buys if possible
my dude, cycles do not sustain themselves and having the largest economy in the world ban your product from use hurts. you cannot ignore real world realities and ride on hope quarter after quarter. the future outlook does not look good and the cycle would not fix that with magic.
me!!! oh my goodness. this week has been stellar!! i didn’t think i could buy this cheap again. bitcoin ain’t going away. the trick is to hold longer than next month or even two months from now. chinese released big news...chinese have a lot of digital currency. that news affected the market. meh. buy.
i swear i'm not a concern troll i'm just new at these things but considering there are way faster alternatives that cost a fraction of energy to mine, how come you're so invested in btc?
i’m not panicked, but i wouldn’t call it a perfectly engineered monetary network. it’s failed at its original goal, which doesn’t mean it cannot succeed as something else; it’s currently doing well as a store of value, but it is not the electronic peer to peer cash system that it was originally designed for. a perfect monetary system would need to be capable of being used by the entire world. btc has issues scaling to that height.
> nothing has fundamentally changed about bitcoin what fundamentally changed to see the price go up by 450% over the past year?
are you concerned about the environmental impact?
idk we're kind've fucked of institutions deem btc *persona non grata*.
people who have done their research can be rightfully panicked at their short term gains thisappearing instantly... just need to take a few deep breaths and remember you did your research so you know btc is here to stay, and also this type of movement is not unprecedented.
banned by the largest economy in the world?...
hey, sorta newbie here, i just buy every week automatically and mostly do not worry. rn im not too concerned bc i think that in 10 years this wont matter and btc will be sky high, however i am curious as to what caused this dip. it looks like one of the biggest dips in a while, what happened?
i'm surprised you were able to buy since most of the apps are down :(
um actually it is n00b
put 2k in around that time and now it’s 800
true that! fair point
that’s a dead cat bounce right there
sucks! go fuck yourself then.
so have you lost any satoshi or not?
ain't skeered of no dip!
thanks, i'd love your
feel like it legit might hit 25k soon, but for only minutes.
"do you want to prolong your breath hold? pause the video now, and continue when you feel the urge to breath" haha
"get high on your own supply"
lmao honestly i wish i was that reactive with it. it was more like check the charts, check , buy the dip, watch the dip keep dipping, then remember i should breathe before i do anything stupid.
except all of them blind elon followers who went all in at the peak with their life savings and now lost half of it to sell the rest. i admit though that i would be hurt from further dipping, too. but still got food to eat and air to breathe and part of a decent roof over my head so lets seeee... :)
walk on, walk on with hope in your heart
unless your name is lorius karius
if this is the market cycle bear market then it may drop more, but if this is a double bull season split by a mini bear season, it likely won’t go that low. that being said, don’t time the market, just dollar cost average down
uhm, all time low would be 0.
how do you know when the rocket starts?!?! thats my biggest thing now i am dcaing but just curious your thoughts
just buy bit by bit every dip, to hedge against buying too high. that's what i'm trying to do. (need to sell off a kidney first for some fiat.)
sorry i really meant hodl. duh!
yeah, you'd think so. i think the problem is bitcoin is now being used by the general public as 'all cryptocurrency'. i even find myself doing that when talking to someone new.
yeah again lol. same old china fud, i'll keep hodling.
lol "china bans bitcoin" been hearing that since 2013
i bought my first . so i get it. haha. plan was to just let it sit though. so... it’s just going to sit. probably going to buy more also 🤪
my buddy just said they banned it or something... big oof. i suspect some more major dips i guess
exactly, if you sold buy it back now. it’s like the buy one get one free sales on your fav stuff. also the best way to survive these situations is invest with the expectation that you will get nothing back from it. you will always be happy with what you do have and even more excited when profits start to show! just my opinion of course! good luck all!
bro i just bought the shit yesterday thinking that 40k was the dip.
yeah. i said the same in 2017. maybe you should wait a year or two
dollar cost average. in basic, just put smaller amounts in at somewhat regular intervals at dips to bring-cost-per-btc low
the whole market is down upon the open ending bell. this is just a economic blip. buy the dip.
you must be new, china have a track record of banning crypto every once in a while and the price takes a hit, this time a lot of noobs in the market + elon fud, ye it is going to bleed bad ' p.s last china ban was in 2017 if i remember correctly lmao
they’ve been “banning” it for years. it’s fud but 🤷🏻‍♂️
i neeeeeeeeeed this dip to last until the 15th so i can buy cheap
there are young actresses that are taller, blonder and have bigger tits than salma hayek
because btc is without a doubt the most secure crypto. bar none! if your putting large amounts of value into a crypto there are no other features that come close to as important as that.
people don’t realize bitcoin is still in early phases. this is a 130 year project. you can’t say the same about these other cryptos. bitcoin = bitcoin alt coins = crypto bitcoin could increase the megabyte size of each block but that comes with a security risk. best believe bitcoin is the safest most secure coin there is and that’s why we’ll never see the biggest investors sell their coins. they realize if you don’t have bitcoin in 3 years, your business will not survive.
the energy cost to mine is pure fud it's not a flaw that it uses energy it prevents people who do not spend to get energy from getting bitcoin, same with asics, same with enforcing the rules of the system, being decentralized. all those things work together, they prevent fakes and frauds.
because it utilizes sha-256 so it’s very secure (in theory it’s quantum resistant too so you can worry less about quantum computers in 20-30 years)
that was not advise, just what i think. advise is get as many satoshis as you possibly can and never sell them (especially if you live under capital gains taxes).
grab yourself a copy of the bitcoin standard by saifedean ammous, don’t look at the chart, and have a read. it’ll help put your mind at rest.
read my comment as well, i offered some learning resources so you can listen to people smarter than reddit users (i mean no offense, i just like learning and sharing resources).
>it is still the same near perfectly i did not call it perfect either. >electronic peer to peer cash system it still is this. it turns out you cannot broadcast every small transaction humans make to millions of computers around the world to all keep track of, but the most important transactions to make will be done on-chain. >a perfect monetary system would need to be capable of being used by the entire world. btc has issues scaling to that height. bitcoin can be used by the entire world. running a full node on a home computer is perfectly feasible. 2nd layer solutions will handle the majority of small transactions, even hal finney was aware of this.
yeah the transactions per minute capacity doesn’t help.
what the fuck just now happened with the market
supply and demand is what affects the price bitcoin trades for in terms of dollars, the protocol of the network itself does not need to change for the price to go up or down.
tesla buying was pretty big news b
nah. if anything is worth spending energy on, it is sound money. let's worry about the amount of energy we spend on bullshit like christmas lights first. "there is currently little evidence suggesting that bitcoin directly contributes to climate change. even when assuming that bitcoin mining was exclusively powered by coal - a very unrealistic scenario given that a non-trivial number of facilities run exclusively on renewables - total carbon dioxide emissions would not exceed 58 million tons of co2 1, which would roughly correspond to 0.17% of the world’s total emissions.2 this is not to say that environmental concerns regarding bitcoin’s electricity consumption should be thisregarded. there are valid concerns that bitcoin’s growing electricity consumption may pose a threat to achieving the united nations sustainable development goals in the future. however, current figures should be put into perspective: ***available data shows that even in the worst case (i.e. mining exclusively powered by coal), bitcoin’s environmental footprint currently remains marginal at best.***" - [cambridge university](
you already have the perfect mentally, you are not a noob. most people will point to elon for this dip, but i do not think he is the only thing.
oddly it worked just fine from my coinbase ios app. i couldnt see the price cuz it was glitched out, until i saw the execution in the history and saw what price it got in at.
i hope it dies soon so these lazy fucks cant profit from them.
dir ist wohl langweilig, was?
no, i paid 54 fucking k for them tho...
i put in 2k i’m barerly at 1k
selling at the bottom! good strategy
at this point idk if i can trust bitcoin or not. musk made it so damn volatile
i always think “am i fuck prolonging my breath” while nearly dying after 50 seconds lmao
at the end of the storm
what exactly is this dollar cost average thing? can you reference a manual?
can't go to 0 again. i can buy all outstanding 18 mill for 0.01 for only 180k, so see no more 0.
you know what they say. once your on your lowest, the only way is upppppp!!!!! to the moon!!!!!!
i logged onto coinbase the other day and received an alert about having over x amount of bitcoin and that i should do something. i did not have that much bitcoin, but did in other crypto. it's pretty out of control when even coinbase is doing it.
they didn’t ban crypto bruv. just restated old clauses about speculation. it’s just misrepresentation and fud
perks to you if you short btc during it, but think of it as reverse market manipulation
“invest with the expectation that you will get nothing back from it.” didn’t realize investing in btc was equivalent to “loaning” friends.
bro i have invested 800dollars 2 days ago, and i thought it will go up, but now its 400😂 nevermind, i will add another 500 now, i guess lol
i thought the same yesterday but i prefer to wait. there is a lot of new people who are scared they will never get money back and they sell. it stops for 5 days... i buy.
dude same, i had limits at 43k, 42k, and 41k thinking that was a stretch
doesn't matter. in a year or two you will remember that time you got btc for cheap
i would comment, but it is already at 40k again, so, you good...
same...tempted to do it again...
what do you want to do, bribe me to take my report down? forget it
yes, and i bet you the next will be 2024, after the next halvening ...it is almost like all the whales in crypto want the fud so they can accumulate more...
i would never trade salma hayek for a tiktoker ... hahahaha
makes sense i guess. cheers!
wait... so first it is the "near perfect monetary network" and then it is "get as many satoshis as you possibly can and never sell them"? you do realise that the whole point of a currency is to exchange it for goods, right?!?
why should i accumulate satoshis? am newby as well.
a year you say? were you not around for the last two cycles that lasted 3 and 4 years?
even with fee’s as high as they’ve been? from my understanding btc’s ‘blockchain’ limit and resulting relatively high transaction time and fees, would make it difficult for use as an electronic cash system. based on this, it seems like it is going to be what it is; mainly a stockware vehicle for hodling. edit: that’s not the same as an electronic cash system. electronic cash, to me, implies that the currency is being used for trade, not just held as a stock.
lightning is limited to how many transactions exactly?
overall it’s up 300% over the past 2 years. these ‘crashes’ are normal dips.
> what the fuck just now happened with the market bitcoin. bitcoin happened. it's what it does. and it will keep happening for some time.
china is cracking down hard in beijing so... nothing to worry for the long term
so then your first point is null. because the concern is that the price will continue to drop and drop and if that is unrelated to the fundamental tech then the tech not changing means nothing.
nein, sonst würd ich jetz ja bitcoin kaufen und nicht hier antworten!
you compare btc with fiat? i thought investors believe btc will replace fiat sooner or later.
keep buying if you can these cycles tend to go on longer we'll see 100k eventually
did you start right before this last big dip?
zoom out and imagine you were back at the 60k zone. now looking at the peak and not forward, imagine how much you'd wish you could buy at 40k. now we're here is that suddenly not good enough and it needs to go lower?
lol what? thats exactly what big banks want you to think so you sell your crypto especially btc.
it's saying that the bull run (the period of increasing price) will continue after a short period of decreasing price (bear season). this could be described as two separate bull 'seasons' with a mini-bear 'season' in between. in investing, bear refers to a period where price is decreasing for a period of time or the people who think that the price will decrease. bull is the opposite.
he means the regular bull season was twice as long as normal, and the bear season will be half as long as normal.
took ben’s a double standard sir.
sounds like someone trying to make a football play out of stock trends.
is this a legitimate question or satire? if you’re actually curious, i can explain it if you like
but it was at 0 once. so all time low is 0.
oh nice. i'm still gonna buy more dips. i actually have not bought any in like 2 years so it feels good.
can you provide some source of what is happening in china? read something like banks are not allowed to do crypto business anymore. that would be a partial ban to me because chinese people wouldn't be able to exchange their money for crypto.
shorting? i'm just buying more because the price dropped, nothing more. i just want more and that is it.
bitcoin is very similar to siblings. they can bring you up during the hard times, or fuck you over when you least expect it. it can also borrow money and never give back lol
"never sell them until we get smarter people in government who will change the laws to not penalize you for purchasing things with bitcoin, and we get 90+% of the world's population to use the network and the price to stabilize long-term." does this make you fucking happy?
when you go to the store to buy bread, do you say "i just sold my dollars for some bread"? if you pay for something with bitcoin directly, you do not pay capital gains tax
satoshis = .00000001 bitcoin... 100,000,000 satoshis = 1 btc. 21 million x 100 million = the total amount of sats that will ever exist. whatever % of that supply that you can acquire, will be the same % of the supply until humans are extinct. i used to measure my wealth in dollars, but as i grew older, i realized that new dollars getting printed makes housing, food, healthcare, and education more expensive, making me poorer since i'm not making 5-10% extra dollars every year. now i measure my wealth in btc. i have not lost any money, i still have the same amount of satoshis that i did before because i do not buy or trade on leverage. the fact that i can buy more satoshis for cheap is a win for me, honestly.
honestly a perfect time to start learning, you should definitely look into resources about btc and decide if you believe in the idea, if you do, well, there is a big sale going on. please note the volatility is nothing new, and only invest what you'd be willing to lose. google btc whitepages, listen to michael saylor, and if you have spotify listen to "bitcoin mastermind". those 3 sources will have enough info to bring you to a less beginner, more intermediate knowledge. to be transparent, i bought in 2018 when it was . i bought a small amount at , trying to dollar cost average the decline.
satoshis are the individual increments that make up on bitcoin. “stack sats” is slang for “just keep buying small increments.” i highly recommend dollar cost averaging. set a recurring purchase on a set schedule for a set amount and don’t worry about what the price does day to day.
i would say that bitcoin is an important part of the ecosystem, it provides security, liquidity and legitimacy to crypto. there's also a wide variety of tasks, such as payments and decentralized applications, that bitcoin is not optimal for. i personally agree with your take but the reality is that we do not know what's going to happen. my thesis is that bitcoin is now and will continue to be a vehicle for speculation or a "store of value". i see the best use case for bitcoin as an effective way to commodify energy. imo a single blockchain using proof of work is not a good solution to the problem of digital cash. transaction times and fees make such a chain basically unusable for this purpose. bitcoin obviously does not have to become a perfect form of digital cash to have value. i actually do not think it makes sense to invest money based on the usability of a currency. the us dollar is extremely usable but i wouldn't buy and hold it with the expectation of making a profit.
from my experience since i started purchasing btc in q4 2,017, if you wait long enough, fees are negative. eventually, once most of the world's population has capitulated into using bitcoin, the price will stabilize long-term and then it will be used as a payment system for small, everyday purchases. it does not matter how fast and "cheap" your new money, if most of the world does not want to accept it, it is meaningless. we have to make people want bitcoin first, then we can worry about making payments with it.
except that it will be illegal for 1.
[ bitcoin has a habit of crashing. it also has a habit of breaking to new heights after it does this. sit on the sidelines if you want, that is your decision to make. if you do not like bitcoin and do not have any, why the fuck are you even here?
davon kann man eigentlich nur abraten...
yeah... that’s what i bought it with...
tbh i am hoping to make the money back by november…. want to get a laptop then. hope it’s possible, will hold until i triple the money put in
ty i enter red at ath…
sure thing. funny bit is, news platforms are bouncing on these topics without any research, causing chaos. india is not banning crypto. china is not banning crypto. ffs
the laws haven’t changed. no token sales. no accepting business payments in crypto. this has been the rule in china for a while now.
sometimes people might not have more to invest mid month (me)
you want to send me flowers? or send me a gang of twelve 90-pound chinese guys with bad haircuts to teach me a lesson? i'm flattered but go fuck yourself
what’s your view then?
>"never sell them until we get smarter people in government who will change the laws to not penalize you for purchasing things with bitcoin, which laws prevent you from purchasing things with bitcoin?!?
this, unfortunately, is untrue. in many countries at least, including the us and the uk.
nobody here bought anything with bitcoin in the past 2 years. it’s a shit currency. currencies circulate. they are exchanged for goods and goods are exchanged for currency. they allow us to compare the value of 2 goats to 10 bushels of grain. how much btc will a goat be worth next month when i go to market?
personally i invest in shrutebucks and stanleynickels.
hahaha. i bought at the 1100 top. only to watch it plummet for six weeks. then stay there. it could take even longer because now everyone has heard of it and could be too scared to buy and other institutions may not buy because of the environmental argument. we don’t know. i’m just saying to not lose your head. this is still unknown territory. :)
once most of the world's population has capitulated into using bitcoin? that's one very bold prediction you're hedging on.
>eventually, once most of the world's population has capitulated into using bitcoin, the price will stabilize long-term and then it will be used as a payment system for small, everyday purchases. haha, yea, that will surely happen. if that is the requirement, you might as well go home now.
i'm just pointing out that you said you weren't concerned about btc because the fundamental tech has not changed, but then said price goes up and down unrelated to the fundamental tech which makes your first point moot. everything else in your comment is just hostile speculation on your part. i have held crypto on and off since 2012 and am very comfortable in the gains i have made. i also think it is fair to be concerned when the price is going down and prudent to not be emotionally invested. big crashes can take days to recover or they can take years to recover. by all means believe in the story and the tech, but understand if you want to make money then you need to be comfortable buying and selling when it is bullish and bearish respectively.
you are probably a 12 year old kid who is sad he can’t upgrade his 🤣
doesn't even matter that much, to me anyway. the news has a big influence on shit, even if it is not true.
how does it being the middle of the month affect that
capital gains taxes. why spend my precious bitcoin that appreciates in value over long periods of time when i have government cuckbucks that are guaranteed to lose value if i hold onto them, and i do not have to pay extra taxes? seems like a lose-lose to me.
it's an older reference but it checks out.
in my opinion, thinking most of the world will continue to let their government steal what little wealth they have left by printing "money" with zero effort is a bolder prediction.
your future self will be upset that you feel this way, i tried warning you at least.
you spent real money on a fake currency 😂😂😂😂😂
that’s just irresponsible journalism at the end of the day. we’re living in a time where there are tons of new adopters, and stuff like this would just cause a mass sell off
got bills to pay lol.
i'm trying to steer clear of shib people, so no thanks if you want to trade notes you should post in the thread
you are paying capital taxes because btc is an asset. people buy btc not to buy other stuff, they buy it to hold. money that only serves to hold is stupid money. look, we used to exchange potatoes for goats. but that system was full of flaws (how many potatoes is a goat? what would a goat herder do with 100kg of potatoes if he wants apples?). crypto isn’t interchangeable. it is limited in supply. the value is not stable (how many btc will i get for my goat next month?). you don’t pay capital gains on money. and inflation is a feature, not a bug: if your cuckbucks will double in value next month, why spend them on goats? crypto is interesting as an investment asset, if you want to go on a wild ride with your wealth. but it’s an abject failure as a currency. it’s the absolute opposite of a currency.
there are plenty of reasons why you'd want to keep a centralized fiat currency, not the least of which is nationalism. as long as the usd can be used as a leverage for foreign policy goals, we'll use the usd. also, printing money is not stealing wealth.
i made real money on a real currency 🤣
there are loads of redditors commenting who are **completely uninformed** about what they are watching. i want to try and clear up some of the numerous misconceptions. please note that lightning network is not perfect and there are legitimate criticisms, but few people in this thread actually understand well enough to levie those criticisms. * *i can already do this with paypal* those are all 100% centralized, permissioned systems that utilize inflationary fiat currency and can ban you and seize your funds at any time. these services may appear instant to end users, but still have to navigate legacy financial networks that require days. * *i can already do this with my debit card * 70% of the population in el salvador do not have bank accounts or access to any financial services. you are bragging about using a 100% centralized, permissioned system subject to heavy inflation and which can ban you and seize your funds at any time, but that is not what el salvador and other latin american countries need. the number of us dollars in existence has increased by 1000% in the past 10 years. * *haha and it only cost !* no, this is a bitcoin transaction sent via lightning network. the transaction fee would have been about 1-2 satoshis, or around 3. also, even without ln, bitcoin's transaction fees are currently extremely low. * *okay well have fun waiting 2 days for a confirmation lmao!* no, this is a bitcoin transaction sent via lightning network. the transaction is secure as soon as it arrives in a few seconds. there is no need to wait for a confirmation. * *yea but lightning network is centralized!* no, it is definitely not! there are [currently]( over 20,000 ln nodes and 50,000 payment channels available. anyone can run their own ln node because it is a decentralized and permissionless protocol. it is also possible to use ln in a custodial fashion for small amounts. * *but only on-chain bitcoin transactions count as bitcoin transactions.* a bitcoin transaction is a bitcoin transaction. bitcoin sent via lightning network utilizes multisig and smart contracts that securely and privately transmit payments without actually broadcasting them to the blockchain until counterparties decide to settle their transaction histories to the main chain. this is why ln can operate so quickly and cheaply. * *bitcoin is crashing today so she already lost all her money!* this video was recorded a couple weeks ago. it's possible that she already exchanged it for fiat or spent it elsewhere * *okay okay but my shitcoin can...* **nobody cares about your fucking shitcoin!** ___ the wallet app is called "bitcoinbeach" and is an open-source, shared custody wallet being developed by [galoy]( specifically for this small beach community in el salvador.
satoshi, may your huge balls be blessed, my friend.
what wallet is that? lightning network?
it looks really cool and promising. i hope it will be the regular thing for us soon.
amazing to see it live. i just hope the people there embrace the technology and see it is beneficial qualities it has on their lives. as scary as it is to say it, but i think how well it goes there will be the deciding factor for other countries to follow suit. we've gotta give them all the support they need to ensure this has to work so that everyone else sees what we see!
empowering the poor people who now have a bank account, banking the unbanked. amazing long may this continue💜💛💚🧡
you would have to put a shirt on to go into a bank
what makes this even more incredible is that you transfer a bearer instrument!!
all this without any corrupt entity (banks) meddling...
is this lightning network ?
fuck the prices. it's just noise. focus on the tech.
i think they are using bluewallet in the video, i thought they will be using the strike app
mass adoption! feels so surreal! :)
itt people forgetting this is for the unbanked, and constantly talking about how their banks or paypal provide these features...again for the unbanked. as a nigerian i know there are tons of people without even a social security number but have a cellphone.
i’m wondering how that will convince users using -60% in few weeks?
do apps like zelle and the like not exist there? i’m behind the ideas cyrpto is bringing but unless two people have two different currencies it doesn’t seem much different when it comes to transactions. edit: is this community so toxic now people can’t even ask questions without being downvoted because it “relates to fiat”? woof...
are they using lightning there? i never really understood how lightning works exactly. is there a good explanatory video out there?
this is amazing. time to read up more on lightning network.
this is how quick it is done internationally as well... no fees people...
bitcoin is so slow people need to know that there is more than one layer to bitcoin.
awesome we are losing a few battles but we are def winning the war against bitcoin haters❤️🙌🚀
as other users mentioned, this system has it’s drawbacks. but this is the perfect video to send to that friend who doesn’t know anything about crypto and only talks shit about it. certain apps will make the transfer and trade of crypto a thing that anyone with a minimal smartphone ability will be able to use do. it’s not as complicated as everyone thinks. once the market stabilized, and all the dirt is removed. people will be able to invest passively in crypto, and spend that money with ease. won’t be that hard.
wait till you see wechat and alipay. this has been standard daily life in china for a couple of years already
wtf. i thought btc transactions took ages? sorry i am really out of date, was not that the problem with it and they were working on something called the lightening network or some shit? this is faster than tap to pay in my local shop.
this guy again? he has definitely spent all his bitcoin at this stall by now
the nightmare of credit cards and banks
it's magic. can i pay for my purchases with ownr card in el salvador?
feel like el salvador will be the next hong kong or singapore in central america
brings a tear to my eye. long time comin
ahead of the game in that area
i'm interested in how they are doing the payments so quickly, and how the fees are incorporated. this is so cool to see bitcoin actually being used for it is intended purpose. i'm all giddy now.
satoshi is a legend
respect! thorough and very educational for me a newbie to bitcoin
this is my country! proud salvadorian. pupusas for everyone
[here is an interview with one of the guys who started doing this in el salvador](
el salvador uses us dollars. literally us dollars as their currency…i can see why they want out.
is that lightning network?
definitely looks like lightening network.
it’s this easy to send bitcoin anywhere else, too
to all the commenters before you post your "yeah but ..." comment maybe take the time to actually understand what the lightning network is. maybe i do not know play around with it yourself. i recommend [muun]( and [phoenix wallet](https:/.acinq.co). bitfinex supports withdrawals over lightning. so many people are too quick to jump the gun and criticise when really you should just be keeping an open mind. this applies to all new technologies out there.
is that using the lightning network? ' how do they handle fees? i mean if a transaction fee runs up to 5 usd or even higher (seen it peak at like 50 usd) how can anyone afford that? no hate, just genuinely curious.
i just received 100 dollars in my account and now it is 50, it is magic.
annnnnd that btc is now worth 5% less than when the transaction was made.
that money she was paid is -8% just today. how is that good for a vendor? cc fees are not 8%.
no, cannot do that. death cross. bitcoin failed and the us dollar is gonna rally
do i have to be topless for this to work ?
this is a small beach community called bitcoin beach, backed by a us based non-profit. they are actively trying to educate the locals to try out bitcoin, and so far got to 600 people. it's a nice initiative but let us not kid ourselves; this is not "bitcoin becoming naturally adopted to the el salvadorian economy". who knows how many actual merchants outside of the beach even accept btc.
what app are they using in this video?
please stop the bullish news it is driving the price down.
my question is, will a big amount be as fast?
i bet everyone here watched it more than one time.
probably paid for a pupusa
payment convenience is not even close to being one of the main reasons i believe in crypto. we already have payment convenience. if anything, the main benefits of paying with crypto in this way are for the recipient of the payment.
you can see her smile through her mask.
it's. so. beautifulllll! won't find any mainstream media outlets reporting something like this. cheers, everyone!
damn if only it took coinbase this long to verify my fucking account.
honest question. lightning network aside, cannot we tell when a transaction is initiated? like my trezor account knows a transaction from an outside wallet is pending before i ever receive it. could that not be used as "good enough as payment" and wait for it to settle securely on the blockchain? or are there ways to prevent the payment from going through?
this is a big deal and the global banks are not happy with losing those 50% fees they’ve been getting from hard working people trying to send money home big props to strike for helping the people and showing how much btc can help people
does anyone know how prices are being set in es with the btc rollout? are prices for goods and services a set btc value or are they based on the dollar-conversion of btc at that moment in time? following on that, i'm curious how far up the economy btc is being used and where a set btc quantity vs a dollar-equivalent is being used? * can you buy consumer goods and services with btc or is it a dollar-equivalent amount? * are businesses buying inventory from wholesalers with btc or is it a dollar-equivalent amount? * are employers paying their employees with btc or is it a dollar-equivalent amount? * is the government collecting taxes in btc or is it a dollar-equivalent amount? * are importers paying their international suppliers with btc or is it a dollar-equivalent amount?
it cracks me up all the free-range btc-haters taking time from the day to visit the btc subreddit with pathetic crying 😢 it’s ok, you don’t have to use this system, but it is helping a ton of people and that’s facts jack ❤️
why cannot we use crypto to buy awards?
we need more countries like this asap
this is a revolution... fiat money will thisaper in the future \
go go el salvador. go go bitcoin our only hope to remove the financial industry shackles and government waste of our planet's resources.
can someone help explain the lightening network to me?
consider a world without china. this is how it would seem all throughout the world. little worries, just as karen china would have no impact on the market in the near future.
you better hope that the gang members have that app as well when they rob or extort you.
salvadoran-american here, can someone fill me in on the whole el salvador bitcoin stuff?
let’s go btc 🙏🙏
gotta say, i can, and have been able to for a while, pay like that or even easiwr for a good 7-10 years with "traditional money". and have had similar experience in many places in europe. so maybe this just goes to show el salvador was in need for payments upgrade?
had some clown on twitter claim bitcoin adoption would be low to none because qr codes would be too complicated. if you can tap a button and point your phone in the general direction of the odd squarey thing, you've now mastered qr codes.
bitcoin miners: yes, pay with bitcoin!
genuine question, what if the price of bitcoin drops then the amount of btc you transferred to make a payment becomes less that the price of the item you purchased? i am just confused on how this is set up. i am excited to see the future of the tech though. btc to 100k.
banks hate this one cool trick! big banks can suck my nuts
i saw this over on a shitcoin sub, the amount of misinformation and out right lies were insane. i guess whatever to justify their "selection" of crypto.
made a deal with my babies momma to match her food stamps income to my contribution to crypto investing as a joke. we gonna be in lambos next year
you are all liars ' cryptocurrency will not be ideal for use as a national currency. it fluctuates way too often, and that you can literally hack bitcoin. not to mention that this is in el salvador, not a very ideal place for crypto users because el salvador is poor. people are likely going to use the crypto as a new form of money laundering in a nation already indebted by corruption.
my son got stuck in peru while traveling during the pandemic. he now believes he will make his life there. he lives in a community in the mountains north of lima and is involved in the local economy, trading work, etc. i am a bitcoiner and lately have seen the light of lightning. i have gotten him interested too. he can move sats in and out of us banks with apps like strike, but what tools would work for a native of peru? for example, he sends sats to a local with a lightning wallet - then how do they get it out of their wallet to the local peruvian currency, which is necessary until there is widespread adoption? does anyone have suggestions for how he? we're looking for hints on how to jump start the process. thanks.
you know the shit fake because he did not stand there for 30 hours waiting for the confirmation.
this dip is world banks fearing their control over monetary policy (hodl) the war is just beginning and it will trully happen once the next stock crash starts thats when you will see 100k+ btc
man, try being an expat living in china; wechat and alipay have been doing this for a while. this is exciting because if the rest of the world adopts this, it’s over. agree with the top comment, you love to see it.
go ⚡🌩️⚡ if rv was dead, he would be turning in his grave
i mean, i can do this with my bank just as easily
guys why fud ?
why do i feel like i'll be downvoted to hell if i even dare to mention *transaction fees*...
awesome. the smile on her face too
god i need to show this to every idiot who says bitcoin is 'too slow', or 'outdated' and will never work as a currency... fuck em all
so, basically just like paypal?
kenyan here. we've had that since 2007 with m-pesa. it would be great to integrate m-pesa to bitcoin though.
this may be a dumb question, but how do you pay for something that is not a full bitcoin? just curious how it will work for smaller transactions.
and then what you paid .12 cents
what if someone were to oversee your balance or holds you at gun point and haves you transfer over all your btc.
omg 😱 in western europe debit cards work at the same speed 🙄
does that also show the 40?
paying this way is going to be the new normal. it's hard to imagine at first, but i've seen how fast it happened in china. of course the rmb and alipay, but it will feel similar.
yeah well, it’s not feeling like magic right now, unless you like to watch it thisappear. lol
how can you pay with bitcoin now when everyone's portfolio is down 50-65%🤔🤔...
[when you get bitcoin](
in the country with the highest crime rate in the world every second counts to not get shot... gotta go fast!
serious question, what happens to the merchant after bitcoin is down like today? do they go bankrupt? are prices of the goods they buy also cheaper? or is bitcoin automatically converted in their currency of choice?
can someone explain this to me. the price of bitcoin is not stable yet they pay with it. what if the price of btc drops or rises?
i'm glad for all you crypto people out there, but this just illustrates how bad the el salvadorian government is at its job. it is completely crazy to base your entire country on what's essentially an insanely volatile stock. their treasury is gambling with the entire country's wealth. wrap your head around how insane that is. if we did that in any country with a significant economy... we never would. the government would be lynched, politician by politician. what's crazy in the mod's stickied comment is they are bragging about how quick the transaction is now, but then a few lines later they say that she probably already exchanged it for fiat... if you still have to exchange it for fiat... that is the transaction you dumbass; exchanging bitcoin and actually being able to transform it into money you can spend where you are.
i use it for my business and love the fact a client can’t initiate a bad payment thispute or start a chargeback because i’ve been stung by both by thishonest customers; it’s as quick as using cash and making change only there’s no currency to physically steal which has also happened to me before, and the transaction fees are super small compared to any merchant processor. and no giant multi trillion debt bomb behind it or sneaky banking network seeking to make money of your account holdings any which way they can.
the chargebacks associated with credit cards weigh up against the transaction time and fees of bitcoin.
but all the payment apps work in same speed. what new with bitcoin payment here ?
sucks how bitcoin is tanking after they bought into it
i still do not see the point in paying for something with an asset that will continue to gain value. just throwing money out of the window.
what about the transaction fees? if i want to buy 10’t want to pay 1 or 2 dollars on transactions fees. maybe there could be some app where there’s no transaction fees? can anyone help clear this to me?
so bullish... ln has finally arrived. meanwhile, the dinosaur credit card and remittance companies are doing whatever they can to block bitcoin use. its just a matter of time
they're wearing masks outside in es? good gawd. when will people drop the charades?
it will never be viable for simple transactions
how do they deal with price fluctuations?
imagine btc down to
this is beautiful! hopefully the adoption in peru increases soon!
bitcoin to the moon! (wonder will this age well)
a fourth world country
about the same speed as swiping a card. except now you have to hope your coins maintain value…
cool! only slightly harder than tapping my debit card
wait don’t they have to still establish a channel (and pay a gas fee)? is there any way around that?
if one bitcoin is worth 37000 how do i buy one coffee with it?
cryptocurrency is cool and all but i feel like el salvador has much bigger problems with their economy when 23% of their gdp consists of remittances.
i’d love to sell something for . i could transfer that .
what's the fluctuation like though. apple cost one bit coin today. apple cost six bit coin tomorrow but cash is still cash and apple still cost six sense regardless.
you can do this at regular stores with a regular bank accounts. what so special about this? are you all from some kind of 3rd world country.
hmm i think i'd rather pay 3.5% more, wait for transactions to take 2-3 days to clear, high possibility of getting hacked, and card getting shutdown for simply making purchases...
why would anyone use bitcoin as a currency when the price is still fluctuating so much. there are people that still expect the price to continue to increase dramatically. won’t your small transaction end up costing you a lost more in the near future when the price of bitcoin rises dramatically? i feel like i need a few years of price stability before i want to use it.
bitcoins a scam and a joke. how do i reverse a transaction? nope not possible . is this environmentally friendly ? nope is the crazy math calculations necessary? no it is not there is better ways to do this what is the only useful thing? blockchain which countries are already starting to implement in their financial systems. how good is it compared to other merchants like mastercard? shitty not able to handle as much transactions and quickly enough
pay more in fees and wait two days for the transfer lol.
meanwhile i have to pay 75🙄
...have you not heard of the apple?
wow so innovative. i remember i used to do that with real money.
reminds me of zelle!
you can do that with normal currency too…
its not a real currency
that's how easy it is in every country. enjoy your , and 38, while you drink that . :( that's why people see bitcoin more like a savings account, or something to invest in, rather than an exchangeable currency.
you know you can do this with money money right? there’s literally nothing about this tech that has to do with the fact that they’re using crypto lol yall are getting gassed over basic digital finance
china has had this via alipay and wechat pay for years. and this merchant is an idiot. whatever amount he paid her is now worth 20pct less
erm, we can do this with real money in europe?
i just gave my friend a real dollar in 2 seconds, easy and simple.
this is great! can’t wait till all those poor people start getting hacked
even indian upi and chinese ali pay is similarly fast and merchant gets money instantly. bitcoin is value is very unstable. imagine you are a merchant accepted bitcoin payment and tomorrow when you go to buy raw materials the value is down, basically you are in losses.
uhhhhh, china’s been doing this like since 2015. a cashless society, y’all. welcome to the past.
seems like a good way to be robbed at gunpoint.
wow this is some state of the art future shit. payment phone to phone?! that hasn’t ever been done before!
only reason el salvador did the whole bitcoin thing for money laundering
ngl i think its a little faster and more stable to hand someone a 5 dollar bill
venmo kind of feels similar
wow it is like venmo or cashapp or paypal or anything else
i’m fine with venmo and fiat currency for now
as for china banning btc, they created their own digital currency is this just them trying to crush the competition? miners will move off shore and or technologists in other countries will jump in?
should we be happy that people just assume lightning network is always used now for these small vendor transactions without mentioning it? i feel like it wasn’t long ago that people were still calling it “experimental” and now it’s very quickly become ubiquitous.
how do it work with te transaction fee?
what? i can do this between me and friends already...
wasn't that within strike & strike ? i'd be excited if they are on different systems
but what about the time it takes to authenticate the transfer, would you have to wait until it’s confirmed until you leave? edit: spelling
love the drums in the background - like they were celebrating. i also note how the gringo is dressed vs. the modest locals. one of my pet peeves about traveling is seeing farang. i get that it is super comfy. but it is also kinda, i dunno...
i like it ! i reckon the merchants would price thier product.
if only i had a bitcoin to try doing this with *wink* *wink*
is it not that easy to send real money in el salvador? y'all not got venmo over there?
brazil will soon follow. after debit cards and low-cost bank transfers pushed checks to the edge of obsolescence, brazilian banks adopted a universal near-zero-cost instant transfer system that adds digital-wallet convenience to banking apps, puts brick-and-mortar banks and modest financial startups in equal standing, and is increasingly being adopted by small businesses as an alternative to costly debit card systems. moreover, it is potentially (if not actually for now) denomination-agnostic: one can transfer balance from a crypto account to a fiat account and vice versa in a user-friendly way. that should foster everyday crypto transactions, and there is no way back.
i'm wondering though, like, how would the pricing be because bitcoin is very volatile, next minute it is worth less? can someone explain?
you can do this with normal money in most modern countries though... i mean that is what apple pay or all the electronic payment gateways are made for.
this is how easy it is to send a crypto payment anywhere. i'm confused about the huge dip based on this supposed validation of bitcoin as currency. don't get me wrong i'm buying, but i do not understand the current dip given this "news"
keep calm and hodl
most money is just electronic 10101010 already and you can do this with other currencies too.
people were saying it takes 20-60min for a bitcoin transaction to go thru
doesn’t it take 7 block confirmations to guarantee a transaction will not get orphaned, at 10 minutes per block that’s an hour to be sure your btc will transfer successfully. not really useful imo. btc is not digital cash, it’s actually pretty poor at transactions. as a store of value, it’s going to eat everything. we will live in a multi blockchain world, and use alts for transactions, but this is a great mile marker on the way to broader adoption.
el salvador mostrando el camino😈😈
do the vendors just convert straight to a stablecoin in this market?
yeah but paying a fee everytime to send and receive money in a poor country will bankrupt you.
does the btc still get converted to another currency or are goods actually priced only in btc? also, it takes way longer to actually validate and commit any transactions to the block chain. that's not a wallet to wallet transfer, right? that's just a sudo btc account like robinhood?
brazil recently introduced a new way of transferring money... called pix ' no joke, it is even more magical. it's basically like that but happens instantly.
ignorant here so help me out. why would i spend. i buy a burger with it this week when 6 months later i could buy 50 burgers with that same bitcoin. or other way around when it tanks.
now you can pay ms 13 ransom easier
what if your phone is out of power?
guy anyone know what apps they are using ? i wanna do the same with my company.
but but but, according to all these people who buy thousands of coins worth .000000001 each, bitcoin is slow and clunky.
how is bitcoin their currency, when bitcoin does not have a solid value? ' \- uneducated dude
shame about the volatility. why would anyone want a national currency that can lose 50% in a few months? and of which the government has zero control over? makes no sense btw there are many apps that can move money between people as simple as that. many.
the price of bitcoin fluctuating hurts does it not? i feel for the whole country that has to feel the huge sell offs and losing 15% of their income week to to week
what if you get held at gunpoint and told to transfer your life savings?
what're those fees like or is el salvador doing some lightning like stuff instead?
when i send bitcoin it takes a few hours to half a day to go through
this is not how banks work in other countries?
don’t bitcoin transactions typically take minutes just to even process?
this is normal in canada with cad
i'm not really convinced that this is btc. the transfer is quite fast for a bitcoin transaction.
hookers now accept bitcoin
what platform are they using to send bitcoin at those speeds?
and easy for hackers too
how is this different from venmo?
cool, now hopefully they can figure out how to solve their massive crime. don't think bitcoin will do that.
yah too bad bitcoin law going to be axed soon. not going so hot as the value pummets. 99 percent of the population don’t have the luxury of hodling when they need it in dollars to pay for everyday life.
china’s wechat has the same payment option. brazil already enabled payments through whatsapp so i guess there’s nothing new besides the fact hes using btc to pay. we already have the technology. we need the will and or mass adoption.
you can do this on coinbase????? what’s new about this
na… el salvadaor just became a heaven of the most deplorable people around the world.
how much is it to open the channel and how long do you have to wait? how much to close it and how long do you have to wait? the lightning payment is the least of concerns, it is the whole setup that is still money and time consuming, unless you go through a payment gateway and top up a ln wallet like strike with fiat, then you're merely using it as a glorified paypal. don't get me wrong, i'm super bullish on bitcoin, ln, el salvador etc. but this video is highly misleading.
so as a “seller” (business owner) would i set the bitcoin sell price of my goods at an exchanged equivalent of usd? (using usd as an example) then as a “buyer” (purchaser) would i then trust paying with bitcoin as i know the sell price is a reasonable price? just as bitcoin is shifting day to day… just curious how it would work? so both seller & buyer can trust that their goods aren’t over valued or undervalued? i’m guessing this why stablecoins are used? big fan of crypto. not hating, just trying to understand :)
qr codes feel dated and cumbersome. is there an nfc way to accept bitcoin?
it's that easy to send bitcoin or any other real.
how are there not significant gas fees for each transaction?
the fed is gona hate using cryptos
nice now more money for cookies 🍪
bitcoin is old tech, buy my shitcoin!1!1!1!1!!!
such a beautiful "under the mask smile" of a new bitcoin holder.
it's a beautiful thing
roger ver and find out how this man from el salvador makes p2p payments without using a scam coin called bcash
the future of currency!
what's the app they are using?
can anyone eli5 how the lightning network even works? how can it speed up verification of transfer?
great time to buy more bitcoin
...and the temple of baal money lenders ie. imf, were not pleased at all, quite the contrary, and cried :”...how will we feed our greed”...
el salvador only? seems like this should work anywhere in the world.
great tech but all things aside. i would hate to currently have my bank account as btc with the volatility. sure i know its going up in the future but if i'm paying bills, or for food day to day, waking up to my everyday bank account that can swing 10-15% up or down daily or within the day sounds crazy to me.
hopefully this gets el salvador out of the imf chokehold.
are there still the fees associated with transferring bitcoin this way?
btc is not only about hodl
what area of el salvador is this? the area my family is at all believe that bitcoin is bullshit and a scam
well it’s worth more now than it will be so use it as soon as you can!
the future, it is time for plan b.
i mean if they don’t have bank access maybe that’s what they need first and not a coin that can die at anytime ?
can someone eli5 how this lightning network works and what the incentive is to run a 'node'?
>[those are all 100% centralized, permissioned systems that utilize inflationary fiat currency and can ban you and seize your funds at any time. these services may appear instant to end users, but still have to navigate legacy financial networks that require days.](
to be fair. it is just as easy and simple to pay wit bob (boliviano) in bolivia regardless of where each buyer or seller does their banking. and it is free for transactions below 10k. never the less. i prefer crypto and hope my country adopts it too.
so does anyone have an estimate as to what % of transactions in el salvador actually use lightning? we all know it’s possible but what is the usage rate and what needs to happen to increase it? real question here
genuine question, how do you use crypto without losing money? most of the popular coins look volatile and it costs money to convert from crypto to currency. everything else makes sense to me, it is just the volatility has been the more difficult piece for me to apply usage. if you're doing the conversion quickly, that could make sense to me. primarily if you have to convert currency. if you are in the us paying in a typical fashion, i do not see how the use case is applicable due to the volatility.
i wish it was this easy every time. one time i was at a music festival (i believe it was the adirondack independence music festival) and saw a booth with a "bitcoin accepted here" sign so i decided to buy something just because of that reason. i walked up all excited and looked at their wares. i think they were selling rocks... i mean minerals (breaking bad reference) and so i picked out a couple items that added up to like 'd like to pay in bitcoin! unfortunately i ran into a problem. whatever wallet app they were using generated a qr code for an address format that was unrecognizable by the app i was using (i think i was using mycelium wallet). i did some quick googling and i think i ended up sending the btc to my coinbase wallet and then using the coinbase app to send the vendor the btc... or maybe it was the other way around. either way it was kind of a drag, but i'm glad it worked out in the end. we laughed about how the tech still has some kinks to work out before it goes mainstream, and then they tried to convince me to invest in a shitcoin their buddy invented. good times.
pretty sure i saw this same video years ago
everyone is fascinated about el-salvador
here in argentina we've had mercado pago for a couple of years now. it does not use bitcoin, only our national coin, but it works this way: you scan a qr code and the money is transferred automatically. is this not common in other parts of the world too? like, i see the innovation in using bitcoin, but not in the technology itself. don't be condescending to me please, i'm genuinely curious!
they've been using phone and qr code for banking like this in china for a decade, to the point where now it is rare not to use it. i'm glad other places are finally catching on with bitcoin, but it is not like it could not be done with other currencies.
what about failing payments for lack of liquidity or path?
more of these videos everyday please. this is exactly what i like to see. this kills the fud.
i’m sure everyone in el salvador is using bitcoin
this is probably a dumb question but why do i need to wait 30-60min for a btc transfer from my wallet to cb?
i see it is the bitcoin beach wallet, is it the one you can download in the google play store? and can you use it all around the world?
or you know you can do the exact same thing with cash and it won’t fluctuate up and down the next day
the developing world, especially countries struggling with hyper-inflation, are actually using crypto as it was initially intended to be used — as a decentralized form of payment. the global failure of the legacy banking network in 2008 led to the creation of bitcoin. el salvador and other third world countries trying to stave off economic ruin are leading the nascent movement to adopt cryptocurrency as an alternative to fiat currency as a routine form of payment.
actually seeing it shifts the paradigm. bye-bye cash.
??? what’s so amazing?
bro has that massive full length screen crack going on... ouch
thats awesome. more phones to the people!
but it’s not a good they say. it’s not easy to use for transactions they say but i think this is proof it’s so easy even a caveman can do it.
is that josh dun
as revolutionary as this is, i believe the government is trying to hide their money trails as the government slowly eats away at citizens rights.
isn't this an ad?
awesome! now how much did the fees cost them?
what happens when she wants to convert to fiat, she need a transaction on the mainnet?
you could buy that whole country with a few bitcoin.
like magic one day it will thisappear!
welcome to the future
anyone can do this anywhere. why would they need the government to support it?
why are the people in el salvador leaving and jumping the us border?
bull market starts again in 3weeks 🤫
tbh fiat would have been much quicker
this is literally how easy it is to transfer any type of currency in any country except the usa. you weirdos still pay for groceries with cheques like it is the 70s.
it's great that your value can just tank 50% in s few weeks!
how much are the fees?
the way this is titled, it sounds like you can only do it this way in el salvador. can't you use these apps anywhere in the world?
say goodbye to side jobs
honest question. if i receive ’s worth 10-15, why would i want to accept crypto as payment?
pov the year is 2030 and crypto is a lot more common!
question... so one of the things benefitting btc is the fact that many residents of el salvador do not have bank accounts. so, how is it they acquire btc? there's probably some difference in culture, or privilege, or just the way we do this here that is blinding me, but if i want to buy bitcoin, i would need to pay someone with my money which would've been given to me through my bank. you cannot do online transfers of money without a debit card, and wiring the money just seems incredibly difficult.
it even works when the screen is cracked.
how does this deal with the constant fluctuations in bitcoin value?
idk if someone has a guide to do something like this, i want to get in bitcoin but do not feel like waiting 3 days for a transaction, this just looks like a pure dream. someone can guide me :l
kind of reminds of wechat in china, but of course bitcoin is decentralized.
since when did el salvador get internet and smartphones?!? that’s the real magic lol 😆 seriously, how was bitcoin nationally implemented 1st in a 3rd world country?
i just like how the drums in the background match up perfectly as the check marks appear on the phones
news article: “wow look at my amazing ‘bitcoin’ payment transactions, so simplezzzz” asian audience: *(glances at phone app they use to pay for their groceries for the last 2 years)…...”……meh, old news” seriously this payment method is not anything unique to bitcoin.
that looks so convenient!
and now we let the blockchain do the rest
so these people are super poor and buy phones second hand. what’s to stop people from flooding the market with rooted phones and stealing their bitcoin?
it. is. time. to. change. the. world.
lmao statians who hear about this country, _my country_, for the first time say how it is going to transform it into the next singapore or hong kong. do you have any idea, just what the hell is going on here? i'm all for crypto because it really is something nice, but this is just insane. making such a volatile currency something of legal exchange is just plain stupid. of course, it is good if you can have it as an option to pay, but when these clowns in the legislative branch insist on making it one of the main forms of payments and if your company decides to pay you with that, you're fucked. what is the average person going to do if they get payed like this? lose **at least** 10% of their ? they did not implement bitcoin because it would benefit the country, they just focus on the "cool" image they present to the world; nevermind the thisappearances, nevermind the corruption, nevermind the lack of water as a fucking human right. it's all about looking cool, and people buy it because why the hell not.
crypto is going to tank again and a lot of people are going to lose money who didn’t already make money off it. then later it will get big again and then the same thing will happen. then we will be in batman beyond future lore where everyone uses creds and crypto just becomes some regulated form of government centralized currency to circumvent all the “decentralized” ones. oh wait that already happened.
just like china has been doing with wepay for years
in india its even more efficient than btc. google upi and you'll know what i'm talking about.
maybe, when the world starts using more deflationary money, it will finaly be time to consume less? i mean, knowing that your money is going to be worth more, would you still buy those single use like-to-haves that pollute our seas? seeing how easy those transactions go, it gives me great hope that one day we’ll start thinking about things like: build quality (made to last)
let’s compare this to handing over cash
oh wow, bitcoin, so useful. in el salvador. wow.
this has been happening in china for the past few years, they have at codes that everyone scans with wechat pay or ali pay. love to see that other countries are doing it as well now
no 2fa? i need to write in two otps and google authenticator code to send stuff, which i am completely fine with, cause it is safer.
i paid for my first hooker in cash shit is wild in 2021
what’s the transaction fee?
this is how easy it is to send bitcoin to literally anyone from anywhere in the world. the only difference here is having it be the norm for the customer and the seller to have crypto wallets, paying via qr codes and nfc has been the primary method for most city dwellers in china for example, the rest of the world is just slow af.
too bad the price of bitcoin fluctuates so much that it will never be used as the central currency inb4 talks about inflation and collapse of physical money, weird how gold and silver are not notorious for dropping 50% value overnight every few months cope
curious to know their transaction fees
i like the sounds effects on this app.
yeah, but when fed coin comes around, the banks know that they are no longer necessary... so they will do as much damage as they can on their way out.
this is nice and easy until someone steals your phone….then you are screwed lol
what if i do not have a mobile phone?
i read the sticky but still i do not understand how "revolutionary" this is. ok transactions with visa, but they feel instant to the end user who does not actually care about what's going on behind the app.
what's the average wage in el salvador?
the future is now!!
here comes corruption in el salvador lol
viva el salvador 😜😜😜🤙🏽
is that like coinbase app or something?
manufacturers of purses, shoes, and clothes, for example, will thiscard unwanted merchanthise. it corresponds to the picture they wish to project when people think about their products. it's genuine power, but it is not something you can do with a stranger.
as many chinese mines have been shut down recently, there are a large number of new and used mining machines for sale at low prices, please contact me if you need them.
bull wallet android has been launched, speed attention
what if i'm drunk and accidentally send a zero extra
magic internet money indeed!
hypestars be like, "his good for bitcoin"...
can someone give some insight the prep that has to be done by both parties to make this lightning transaction. for instance there is a bar near my office that accepts bitcoin payments, what do i need to do to do this via lightning or is this not possible if they only accept on-blockchain bitcoin payments? ' can you make lightning payments anywhere they accept bitcoin payments at the drop of a hat? do you need to fund your lightning account beforehand? many thanks!
it’s getting so much easier to buy drugs
educating the people who live there is the best thing the crypto community can do to help this workout
i think how well it goes there will be the deciding factor for other countries to follow suit
does the lightning network require consensus to break the peg and start fractional reserve system on top of bitcoin?
satoshi the mvp. i wish i live in el salvador now. btc is the future
future is now old man
my family is from el salvador and i’m happy to see this people still do care about this place
you can literally do this with coinbase. even a year ago lol
looks like wechat pay in china when i visited. very simple to use. but when mobile battery runs out gotta pull out paper cash
pretty good the tranaction was accepted bechose the value already dropt 10% just while waiting to,confirm maybe the shop needs to call him and ask for more cash ' shit that drop 30-50 in lika a day who is risking that as a secure payment
is anyone telling the salvadorans to hodl?
my only concern about this is that the average internet speed in el salvador is under 3mb and they do not have full 2g. don't get me wrong, i think integration is the way of the future but it i just feel they should have got the infrastructure online first.
so basically like venmo
as more people will use bitcoin for payment reasons i do not believe the value of bitcoin will double so fast as before there will be just more transfers out the bitcoin network than today. bitcoin is now used as a saving or money printing platform but if you get paid for example in bitcoin in a country like el salvador, it is more like you get your bonus from work paid in warrants...you also want to transfer that as fast as possible in money or you can speculate, that can turn out well or just bad, so would you take that risk? most people will not take risks as they have to pay bills. so for el salvador, do you believe those people are rich enough to save those 30 dollar on their bitcoin account or just take the money and use it as a bonus for their daily life support. you cannot eat bitcoin so almost all of these bitcoin accounts will go to zero quite fast. anyway bitcoin will be used as a helicopter money platform to spray over a low wages economy that can boost local businesses which can be good. will that result in a more stable bitcoin and a wider spread use? i do hope so because why was bitcoin invented? to deliver wealth to the happy few or to be able to have an independent global money system, were people could transfer money without fearing local issues as devaluation...
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btc believer but you could do this with fiat 🤦
let’s see if i don’t get banned for this. lighting network will kill btc as it just shifts the value off chain. do what you wish with this information, neglect it in your echo chamber or do further research.
we can do it too, send or receive it here in usa too.
the transaction looked amazing. does the payment element work a bit like paypal, where the seller requests a certain amount, and the payment is then triggered via the qr code?
it's a little misleading since we have no idea how long it took to set up that single button press. for all we know, we're seeing the last step in a 76 step process. not sure why this video is hyped. is easy to make a crypto transaction. it's easier to make a fiat transaction. sorry, but it is. i know it is inflationary, but when people reference bitcoin value, they reference it on dollars. let's not pretend the world is something it is not. maybe we're getting there, but we're still in a fiat world. bitcoin maximalist with 23 awards in this thread is not correct just because he is shilling bitcoin to people high on hopium. let's all keep a firm grip on reality here.
and people still be saying piramid scheme
what if the decimal point is off?
i read that el salvator released an app, chivo, which seems to be custodian. so are people going to send bitcoins on ln, or are they going to send btc iou like with paypal?
at first they like we no likey this internet money’s now they like oh yes much bitcoin very easy
and you will have to stand for say 20min to get confirmed.
the same as any other payment with pay pass. does it mean there is no pay pass in salvador?
you can do that with real money too, that app has been around for almost a decade and is just as easy to use - and people will actually accept it as payment!
wow money works literally in the intended way absolutely mind-blowing
and while sending already 10% less in usd
if only this has not existed for the last 30 years.
here in india, we transfer fiat just exactly like you seeing. there's cash and there is upi. instant bank transfers. i am a hodler myself but dont see such a big deal with this video. if you're from us, you may hhave heard of google pay. its exactly like that
... i do not get it. you can do that with euros and bank apps here in europe as well.
your stupid make believe currency is gonna further screw an already poor country. not just random aholes in their own basements
oh you guys are gonna love debit cards.
you forgot about the part where they take 20% for transaction fees
funnily enough, it is that easy in your umercan trailer trash town as well.
who cares? bitcoin is hilariously over hyped by retards.
bitcoin is unreliable, just get a job and earn money that way instead of throwing what you have at fake coins
but you can do this kinda shit with real money already
yeah. that gringo is going to get kidnapped, tortured and taken of his bitcoin. any of y'all planning to visit el salvador and have a great crypto vacation better change your plans boy!
lmao you guys never used apple pay ? so much easier than this - and it’s free! oh and it doesn’t spend a whole village worth of energy to confirm.
making poor countries even more poor by now giving them monopoly money that’s “value” fluctuates with tweets. disheartening to see that the least informed always get taken advantage of the most.
there is literally a google product that does the same thing. google 'google pay'
has no one heard of cash app?? it feels like the twilight zone in here sometimes
that’s not bitcoin. other subs have confirmed
nice, paying an .80 transaction
transaction is not confirmed. she could have gotten scammed until she gets a few confirmations which takes awhile.
wow you can transfer funds between two people with a considerably higher electrical cost than any other transaction method wow
no one cares bitcoin is for gambling only. i'll use a fucking card to pay for my shit like a normal person. and no one has bank accounts in el salvador their fucking broke!
"magic" is a good adjective to describe bitcoin since it is quite literally an illusion, just like its value.
ah who cares i do the same with venmo.
this is exactly how i pay with real money as well... where is the point of this??
so it is paypal for shady people?
anything to keep the pump goind
what a great place to launder money
soda...50 btc tx fee...50
chinese people with wechat: first time?
you can send payment that easily using fiat as well and is actually free…
yall never heard of twint?
that’s a video of one person with an account on strike authorizing a payment to another user with an account on strike. i’m sorry, but how is that impressive? i use venmo all the time, but i don’t post videos about it on crypto sites. lol, look at the reviews for the strike “wallet”. complaints about kyc hoops and deposit limits. how the hell can a wallet have a deposit limit? hint: it’s not a wallet, it’s an account with a bank. bitcoin has completely jumped the shark. somehow they turned themselves into a standard banking system (but with more fees somehow) and no one even noticed.
amazing but it is scary that you can easily give your bitcoin away by mistake.
same with us currency.
have you guys heard of monzo? or paypal?
just wait until you find out about debit cards.
until you end up paying 💀
so basically apple pay but slower ?
yeah it is basically apple pay with fees. guess what, visa and banks charge fees too to do those transactions.
so… same thing as apple pay.
its crazy, you can do the same exact thing with a credit card all while not having your spending power not fluctuate 10% each day lol
i kind of do not care
lol that transaction probably cost more than the amount being sent
wow, i do not know what's more shocking. this is such a big deal to that person in el salvador or its a big deal to (what appears to be) most americans commenting here. i know you all are behind in terms of contactless payment but jesus, this is years old and on the slower side. my apple watch in europe goes through in like 2 seconds, or tapping my card. my revolut account takes it out quick and puts it back in just as quick if needs be. i mean great for countries without the financial instructure, which is apparently the us too, but i would argue the majority are likely less educated or inclined to use a ln or bitcoin, so it is kind of moot.
came here from . guys, i can do a similar enough thing with paypal. it's free. it's fast. the money does not change in value drastically overnight. come up with a solution to an actual problem, and make a video of that.
stop trying to make bitcoin happen, it’s not going to happen… and you have your pal elon to thank.
wait til you see how easy it is to tap a debit card
this is old technology that banks have been playing around with since ~2006.
can do the same thing with apple pay...
lmao. imagine when you learn about debit cards!
haha yeah congrats on your super unstable currency
u know how much easier it is to five cash? lol
wait until you see how easy it is to hand somebody money. or use a payment system like venmo.
i can already do this with venmo 10x faster and more secure.
looks like a simple venmo, paypal, etc transaction. what’s so special here??
only in a oligarchy without basic infrastructure can bitcoin prosper. sure magic a magic con job.
that will be 1000 bitcoin. no problem i've got 1500... oh shit, now it is only 800. damn.
one bitcoin? what did he buy? the entire farm? i know it dipped but they are still worth a lot.
china has this many years ago with its wechat pay, wonder if that’s why the chinese government hates crypto
i mean i do this in norway for last 5 years with app called vipps.it is conected to my account and it is instant transfer
cant wait for it to crash and burn... but really, why have a private, non-stable coin as your national currency, instead of any other coin
not to take anything away from this, but this is normal behavior in thailand for direct payments using a qr code. doesn't matter if you're paying your groceries or sending money to a friend: scan qr code and you get free instant bank-to-bank transfer without any 3rd party apps or tools. so yea, this kind of technology really has nothing to do with cryptocurrency: it is just a decision or limitation or laziness of individual financial organizations. (see scb bank in thailand and any store)
so... far less easy and simple than cash or cards?
what did he just buy for ?!?!
this is how quick and easy it is using tap to pay at my local grocery store too.
hey i can do that with my bank card(europe)! and they get it instantly :o
only idiots spend bit coin :)
so it works exactly like every other transactional system…? lol
aint that jusy paypal
your american is showing
yeah they also have this thing called apple pay and square that came out like 5-10 years ago that does that. it’s crazy
what’s so special about el salvador. it’s global and decentralized. and it takes confirmations. takes time. shitpost.
but i'm doing 100% exactly the same on my bank app
this is the most dumbest shit ever. im from el salvador, just another way to exploit our people smh
this totally won’t crater their economy in the next decade
here i am waiting for going on 6 hours for my transfer to go through between my own accounts.
surprisingly paying with normal money has been this easy for years!
you chaps owe it to yourselves to catch the modern investor on his yt channel. yesterday and today’s posts are essential viewing.
paypal is so close
the fact that when a simple bitcoin transaction happens then makes front page today in 2021 as if something extraordinary rare happened nearly a decade after bitcoin release is somewhat embarrassing...
so… apple pay but more obnoxious?
i got news for you. its just as simple to do anywhere else in the world
we've been doing this with normal money for several decades.
you know what is easier. ? handing someone a dollar
i mean you can pay other ways like that even before bitcoin
i really thought this was a sponsored post
it's amazing when you decentralize it and bring in financial institutions to make transactions faster and centralize commerce. oh wait...
it’s almost as easy as using a credit card
so, just like regular money?
how is this more convenient than something like venmo?
don’t kill me but the money he sent decreased value by 10% when she received. that’s the problem, not the speed.
we have something similar in sweden. we call it swish and it is a way to send money from one account to the other in seconds. all you need is a phone number and you’re good to go. very easy to use and safe as well
wow, contactless payment... thats new!
so like just as easy as any other payment but about 5 seconds slower with the added benefit of your account balance devaluing by half one day?
okay so this is lightning network, not on-chain transaction. what difference is there between the same merchant using paypal, any visa cc, zele, or any other second? honestly, i expect someone to be already near completion of a payment system similar to lightning but using dollars…except it’s ultra fast too. deposit usd into system and send it instantly to anyone in the system. pay a small fee to deposit and withdraw…like opening and closing payment channels. average merchant and user would rather use that…
yeah, but if you lose your phone, you can also lose all your money that ez 🧐😨
why have not he filmed the two sets of bodyguards that are protecting him from being machete for the phone?
*tfw credit cards were first introduced*
the upi interface in india is fastest
seems like portuguese mbway!
all fun and games till you accidentally add an extra digit
this is great but india has a thing called upi which is literally just as fast? i use it almost every day (at least whenever i go outside, i'm a programmer you see)
in india, there is a system called upi that allows you to send money based on qr codes directly from your bank account. it's not bitcoin of course but the same level of ease has been around for years, best of all there is 0 transaction charge.
do you guys not have bhim upi?
meanwhile indians have been using this money magic since the past 5 years. (non bitcoin though, real money) . the magic is called upi ([united payment interface]( look it up!
similar in china with alipay
well that is cool and all but how is this any easier than a normal contactless credit card payment
so as easy as using a regular card? i mean it is cool that bitcoin can do this now, but the "magic internet money" comment makes no sense to me when we've had various ways to do fast transactions like this for years lol
we have something similar where i live, but with real money. the best part is that you can order stuff online with it, i just type in my phone number, i get a notification and click "pay". it's as instant as on the video.
this is cool but my question is if you are buying something for like ?
i think that is the same for pretty much any country i mean i can do the same in europe np
there’s more to it. you need confirmations, at least a couple, and that takes time. don’t be mislead - this is a shitpost.
title should be, icecream lady losing profits 😂
so all you do is take ,000 out of your regular checking account and buy a bitcoin and then use that to buy stuff??
wow almost as like doing venmo🤦‍♂️
it’s like wechat in china
except half the people there do not know what the internet is or what an email is. i'm sure it will turn out great.
where's his hardware wallet? venmo is this easy, and it does not create the massive risks of losing your wallet or having it stolen. risks exacerbated because it looks like he is just using a pure software wallet. aside from that -- it is this easy everywhere, there is nothing special about el salvador except their [shitty law](
not to be a party pooper but you guys should look at upi payments in india or electronic payments in china. it is this easy with national currency as well.
i mean, you can do that with any bank app in a lot of countries.
they have cell phones in el salvador?
in el salvador that was probably with rsr... was it not?
when i move btc between two wallets it takes like 20 minutes to complete the transaction. how are these transactions happening fast enough to actually be able to use btc for purchases?
thailand banks have this built into their mobile banking apps for years (non-bitcoin)
el salvador vs china... or should i say freedom vs china. and the central banks of the world are in agreement with china 100% as it is a direct threat on their control. they cannot ban it cause the free market does not allow it. just as chase finally came around so will the central banks - they have no choice but to except the will of the markets.
india had upi payments similar to this
1 bitcoin worth of pupusas please
so if i wanted to sell some bread how do i determine the price in real time? do i write "bread: 6.2e-5 btc" on a sign?
average person makes . no way in hell they can afford btc network fees. false narrative being pushed by msm
how do they keep track of prices when the price of btc goes up?
all fun and games until it’s crashes causing the business to go bankrupt
i mean credit. not sure why that qualifies as "magical."
freedom is already in el salvador, the people now only have to use it.
if you're interested in this space and want to try it for yourself, [coinos.io]( is a free bitcoin web wallet that integrated lightning network (and liquid) a couple of years ago. you can do p2p payments in less than a second for free. we've been processing multiple bitcoin a week worth of p2p for over year now...
nice example how to use surveillance digital money
outside the us the rest of the world has been doing contactless payments for years, even before nfc phone transactions. the us has always been miles behind when it comes to consumer finance. not saying this is not awesome, but i do not get any "magic internet money" vibe from it.
wow so much more magical than using your phone to make a credit
my el salvadoran uncle elon always does this cool magic trick where he halves my bitcoins worth when he pulls it from behind my ear...
china 10 years ago
in china they do this with wechat. literally a street stsl vendor accepts it. i did not use cash at all when i was there. it was awesome.
and then her payment crashed 12% since so she got owned and will go out of business.
that will be 0000000.1 bitcoin. no that was one 0 too many. no 000000.1. 000000.1!!!
this might be a dumb question but how are you supposed to pay for things with btc or any crypto ? by the time your done shopping or whatever the price of btc could have shifted dramatically meaning you will end up over paying or underpaying for something
apple and sumsung pay does the same thing?
oh wow, it is just as convenient as existing pay methods!!! and in exchange for this... neutral horizontal shift that is not actually really bad or beneficial, we can to have our entire country's gdp become a gigantic slot machine roller coaster wheeeeeeee
you can also get a sexually transmitted thisease in el salvador that way as well. what a world.
welcome to 7 years ago. but really i don’t think locals should spend their btc yet.
honest question. isn't bitcoin just some techno libertarian scheme to create a currency to replace existing currencies to avoid paying taxes? like how can any reasonable government not see it for the threat that it is and just shut it down?
using an app no one has or cares to tie their money to.
in brazil we now have the same thing, it is called pix (qr pay basically), and you can do the same with bitcoin (or any other currency) if your bank automatically translates the value. i do not keep my bitcoins in my national bank account because i'm new to mining though. i wonder what app is the guy using in the video.
the problem is not that it isn’t better, it’s that when i show my friends, they say “i can do that on venmo” and then i either let it go or become the crypto prophet in trying to explain it. adoption is slow for now and i’m just buying the dips
damn. this could be revolutionary down there. maybe this is the start of something big for the rest of the world too.
>res about your fucking shitcoin! thank you for this post!!! very explicit. where do i sign in sir?
aside from fiat vs crypto paypal, venmo alipay all use legacy payment systems. money is sent as ious to centralized entities that then send it internationally in batches. in the us the way you get your paycheck via direct deposit is literally by saving a txt file in the feds servers, in a shared secure folder it’s slow and prone to error. plus all the middle men take 2-3% just because they can. additionally it’s not programmable. you can’t alipay to someone using venmo, nor can you venmo to paypal. anyone can transmit btc directly anywhere, to anyone even across different blockchains. more importantly, you can do it 24.
how do i use the lightning network? all my bitcoin transactions cost like £4 to send regardless of how much i send, makes sending or buying small amounts pretty much pointless.
okay okay but my shitcoin can... nobody cares about your fucking shitcoin! 😆😆😆😆😆
if the internet is down, can you still make a transaction? from what i understand if the internet is down some payment application will still let you continue to do transactions based on the amount in the wallet
>nobody cares about your fucking shitcoin! this is the way.
thank you and well said! the complete ignorance of people is astounding! when told it’s done on lighting network and their response is i’ve never heard of that is one big face palm! ignorance is bliss i hear!
nice explained, thank you.
i love it and think it is brilliant. hopefully this becomes the norm. how do people without bank accounts buy bitcoin or exchange it for fiat currency ?
you deserve a real cookie.
thanks for that tedx comment
this actually helped a lot, i had been kinda confused about the hype around crypto transactions, but was to lazy to research it. thanks!
fuck yes, love your post! conclusion: if you do not know what you're talking about, keep your fucking mouth shut.
but my shitcoin is the future
i've been highly skeptical of bitcoin for a long time because of my concerns over scalability. this post has restored a tremendous amount of faith that i have in bitcoin as a currency.
post fucken saved! quality info!
"inflationary fiat". as opposed to the super non-inflationary, super stable btc?
> the number of us dollars in existence has increased by 1000% in the past 10 years that's not true. the spike in m1 was because the fed said it would count savings accounts as part of m1 (since they are quite liquid), rather than just m2.
>70% of the population in el salvador do not have bank accounts or access to any financial services. how do you buy bitcoin without access to any financial services?
there's a couple inconsistencies in what you're saying here that i'd like to pick at... ------------------------------ first you say this: > these services may appear instant to end users, but still have to navigate legacy financial networks that require days. but then you say this: > no, this is a bitcoin transaction sent via lightning network. the transaction is secure as soon as it arrives in a few seconds. there is no need to wait for a confirmation. functionally these are the same thing. as soon as i swipe my card the transaction is "real" for all intents and purposes. even if it takes a couple of days to process in the back-end. that's functionally identical to what you're talking about with lightning network, even if the implementation is different. ------------------------------ > also, even without ln, bitcoin's transaction fees are currently extremely low. right now the best estimates i can find for a bitcoin transaction fee fall between about .5 and .5 usd, which is a lot of money. most credit card transaction fees are between 1.3% and 3.3%, and the percentage tends to go down the larger the transaction is, which means that you'd need to be making a transaction in excess of . yes the lightning network is cheaper, but as you yourself said there are a lot of very valid criticisms of the network, and it has a lot of shortcomings. --------------------- > this video was recorded a couple weeks ago. it's possible that she already exchanged it for fiat or spent it elsewhere this just is not a great argument to be making about something that is supposed to be a currency. people tend to flee national currencies when they do not even hold their value reliably day to day. it undermines your logic and the point you're trying to make when the best counter-argument to a very real issue is "well, she might not still have those bitcoins", especially when at the start you said: > those are all 100% centralized, permissioned systems that utilize **inflationary fiat currency** and can ban you and seize your funds at any time. the whole "inflationary currency" thing is a criticism of losing value in "fiat" currency when you hold it over time, but bitcoin currently swings wildly whenever someone with enough followers says the wrong, soooooo yeah, not a great comparison to be making if you're trying to convince people.
> can ban you and seize your funds at any time. your crypto can be banned and seized at any time (insert ) by the government too. > inflationary what is the drawback of inflationary currency? my savings not being stable in value over time? well i have some bad news for you about bitcoin if "value staying stable over time" is a major desire of yours... not that i like inflation, but rather that this is not an improvement at all... > [various other points that are about how it is not worse than other methods] sure, okay, i agree with most of those, but you're missing the beneficial ones? so far we have a big long list of horizontal shifts at best. and downgrades at worst (primarily stability)
me, and a lot of others, keep giving away bitcoin at this thread if anyone is interested in seeing what op, and bashco is talking about. try it, i’m pretty sure it surprises a lot of you:
might make sense for el salvador. still not seeing a benefit for the average citizen in usa.
yeah this is far safer than fiat currency. can anyone here remind me the last time the dollar lost half its value in a few months?
greatest reply of all time.
he's gonna be the richest man when the whole world adopts bitcoin.
we need to parachute developers to make el salvador the new bitcoin hub of the west.
what if you don’t have a phone ?
its a lightning network wallet, not sure which one but it looks like bluewallet edit: this is actually the bitcoinbeach wallet (thanks mod who commented)
yes lightning network, it is the wallet that they developed down there at bitcoin beach.
it must be, its never this fast for me.
without the ability to issue chargebacks, the consumer also loses a lot of protections. it’s a trade off
as a consumer i'd never buy anything with bitcoin unless i'm buying illegal items. my amex plat gives me so many benefits including purchase protection, extended warranty, points, thisputes, etc. it saved me so much headaches and ton of money. bitcoin wacks unless some company comes up with similar benefits in the foreseeable future.
but that is deliberate, to allow for fraud protection that protects individuals. it' not that it is inherently slow or can;t be sped up, you're just favoring a system that offers absolutely zero protection for the end user, where a scammer or a hacker can go on an irreversible spending spree with someones entire bank account. what's worse is that this the does not incentivize merchants getting involved in fraud prevention, like at all. a merchant knows they are going to keep the cash regardless so they have no reason to intervene even if they know it is fraudulent. when did it become a good thing to offload all responsibility on end users and none on merchants or payment providers?
“most will experience chargebacks because of stolen cards” is the most bullshit thing i’ve read all day. if this was the case no business would accept anything but cash.
yeah, stolen bitcoin cannot be pulled back by the owner so vendors can milk all that stolen money all they want! good point.
counter point being that btc may be worse a lot less by tomorrow. it’s so unstable that any business would be smart to be wary
isn’t bitcoin more of a debit card than credit card? credit you’re getting a loan and paying it back. debit you have to have the funds, and if you don’t your transaction isn’t processed. how does the transaction occur so quick here? anytime i send btc it takes 40min or more to confirm. also btw, i am a proponent of btc so just generally curious.
but are most merchants really experiencing a majority of transactions as being chargebacks? do you have facts to back up that statement? (not shilling for the big banks just wondering)
ok but does everyone just agree to the value fluctuations? like what if i wanna buy something & the value of the coins go down
>most will experience chargebacks citation needed
but chargebacks are also good for me as a consumer
this is pure comedy that a -50 >1 hour bitcoin transfer is better than credit cards.
to protect the consumer from fraud.
a merchant who accepts bitcoin might see it drop by 50% before next payroll.
who takes credit cards in an open farmers market in el salvador?
paraguay and panama are proposing legislation in july. historically, central and south america move as units in terms of social and economic movements.
i agree. educating the people who live there is the best thing the crypto community can do to help this workout to its true potential. my family is from el salvador and a lot of them are saying that they don’t understand how bitcoin will make things better for them because they don’t understand the fundamentals. i’m working on my spanish so i can help out.
el salvador is the murder capital of the world. this is probably safer for people as they are not walking around with cash if they have some bitcoin. if someone demands your phone to steal your bitcoin they can’t just kill you first because they will need your password to get the money so you have a better chance of living. good for them , hope it helps them become safer then afghanistan and iraq in the not too thistant future !
how do the unbanked get crypto. i doubt el salvador has the us's kyc laws but the money has to be digitized somehow if it is purchased from an exchange. atms?
yeah for real. i feel like the bitcoin network is really going to shake up the whole title industry, especially in developing countries that don’t have well established title companies. being able to prove you own something by utilizing a global decentralized ledger (bitcoin), instead of needing to rely on a third party to manage title ownership, all with likely much smaller fees and less hassle than existing title companies could ever offer… it’s a game changer.
i mean except for the government who passed the law
that's the best part!
yeah, no this is not exclusively crypto currency tech.
what tech? people been doing this (paying and receiving payments with qr scan) with real money in east asian for more than half a decade now. in china, this is so commonplace you literally do not need paper money or cards at all. all you need is a phone.
they do not take btc. they use usd. for example, if you have to buy an item worth 20 usd, **on the sender side:** it will convert 20 usd to btc and send the btc using lightning network at the current rate **on the receiver side:** it will receive btc using lightning network and convert to usd at the current rate. you need to listen to jack mallers and read more about how it is being implemented. these people are not stupid.
everyone likes getting rich, something going up and down is better than only down.
because they do not have access to banking nor instant online payments some volatility is an easy trade-off for not having to take a bus to the next town and queue for hours. oh and there is apps that use .
from what i have gathered i think banking in many, many countries is on a sub-third-country level. so, here in sweden, we have something called swish. doesn't cost a dime, you can transfer money to anyone with swish, instantly, free of charge. this works for everyone with a swethish bank account. the services that exist that you mentione probably cost money for the seller, customer, etc, and are perhaps a bit shit. this is like cell tower coverage in the third world. building a phone network using copper wire is very expensive, but mobile coverage is cheap. having an evolved banking system takes time and money yadayada, they just upgraded. and lots of people work overseas from el salvadors perspective - in the us. and they cannot transfer money back and forth easily between the two countries. so this makes it easier for currency to flow into el salvador, which is what they want, obviously.
so, side note but i think it’s related. one of the main reasons that el salvador is moving to bitcoin is that they, and other latin american countries, get absolutely screwed by us inflation without any bonuses. us citizens got stimulus checks etc, but these people got nothing and just have to deal with the inflationary consequences. so something like zelle might work to make usd transfer easier, but they’re being screwed by our economic decisions so the usd really isn’t beneficial for them long term. using something deflationary like bitcoin allows them to break from that cycle which is beneficial to them in the long term. i don’t think the general purpose of making bitcoin tender was for people to cash out. i think it’s mainly to be a bitcoin circular economy and bitcoin easily can convert to other currencies if necessary. im not trying to sound all high and mighty, just explaining. i’m not against fiat, and i think it’s dumb that people downvoted you for asking this very reasonable question.
70% of their population does not have access to banking services. zele does not solve enough problems for them. btc can solve the banking, transacting and inflation problems they face today on its own.
a short summary: a technical summary: the lightning network paper:
couple years? try five. 2 years after wechat pay launched and its become uncommon to see anyone pay with cash, even in tier 3 cities. adoption in china is crazy fast
centralised. defies the whole point of crypto mate.
read the sticky post above
they do, but this is lightning network and the transactions are confirmed in less than second 🙂
out of date indeed. nowadays the vast majority of small retail bitcoin payments are instant thanks to lightning tech. this tech made its debut on the network circa 2018. at first it was only enthusiasts, but now sending bitcoin around with lightning is very commonplace.
it's using the lightning network, which is a second layer network that harnesses the security of bitcoin.
the one and only goat 🐐
ln fees are extremely low they are usually around 1 satoshi per transaction
no, you did not receive any dollars. you recieved about 250k satoshis. and those can be converted to dollars, held until the bitcoin is more valued, or traded directly for goods or services like shown here.
look at your usd value a decade ago and compare it to bitcoin back then. one goes up and down before up again. one goes down, then down before going down again.
people like you will live in the past while the world advances and be left wondering where did all the good times go.
doesn't really matter in the long term when compared with fiat that continually loses value every day.
on another day it might be +8%. vendors have myriad options for instant conversion into flat, though.
at the time of transaction it is 1 to 1. is she cashing that out instantly, in an hour, close of business, or the end of the month? we do not know
i'm from el salvador. what most people here cannot seem to get through their heads is the majority of salvadoreans cannot wait even a single day for the market to go up again. minimum wage is a little over 300 usd. clothes and tech are sold for twice the price they are sold in the us. electricity and water bills have gone up ridiculously in the past two months. and now real state will be even more expensive to appease the needs of millionaire tech bros who are supposedly coming to the country. (living in a secure middle class area will already set you back around 700 usd a month) we, salvadoreans, have been left out of the conversation entirely. all relevant announcements have been made in english instead of spanish. it's rumored the president's brother will administer the bitcoin atms. this move is not helping the poor. this move is helping an uneducated millionaire dictator and his brothers turn into billionaires.
going down 8% is not bad when you have upswings that are more than 8%. crypto is volatile but in both directions. fiat is a slow, medium, and fast decay of value (depending on the country) not to mention the shady institutions you have to deal with.
have you heard about the rumors that china is banning bitcoin... quoting alien movie: "game over, man game over!"
this is just the dip everyone was waiting for :d
it is without layer 2 tech like lightning.
well in 80 days every merchant in the country will accept bitcoin
not sure, its a lightning network wallet but i dont know which one, it seems like its bluewallet though. edit: it's actually the bitcoinbeach wallet (thanks mod who commented)
you can spend any amount and it will be fast. if there is no single payment path that can handle your payment it is broken into different paths. also if your payment is extremely large do you really care about a ?
this! everyone is talking about lighting this and satoshi that... i wanna know how the going rate for a pupusa in btc?!
don't waste your money on reddit awards.
he has not tweeted in two months and his website indicates he is under government investigation.
can you do it with your bank just as easily, if you moved to a country without a bank? the point of this video is that people who do not have access to traditional banking are using internet native, online banking which they can do through their phone.
that's cool and i'm gonna let you finish, but 70% of the people in el salvador do not have bank accounts.
it's a very popular thread so it is attracting people who only consume corporate media narratives which means they are drastically misinformed.
this is the lightning network, transaction fees in ln are extremely low usually around 1 satoshi per transaction
because you’d be regurgitating the same argument as everyone else that can be easily explained with less than 2 minutes of research.
there's a huge difference between a centralized system and a decentralized one. so no the same at all if the underlying system is completely different and is independent from banking
except without name, age or any identifying information at all. paypal is just a payment network fiat currencies.
the smallest unit of bitcoin is a satoshi which is 1. about 30 sats is equal to 1¢ usd.
the same way 99.9% of people buying bitcoin because nobody can afford a full one. with fragments of it which are called satoshis.
you know how dollars have cents that are 1(or 10^-2 )? bitcoin has something similar called satoshis, which are 1(or 10^-8 ) of a bitcoin.
you can pay in satoshis they are tiny fragments of a bitcoin, 1 satoshi is a 100 millionth of a bitcoin for example if a apple is ,100 sats.
how do you pay for something that is not a full dollar? just curious how it will work for smaller transactions.
because of this why would anyone use bitcoin to pay for things. until bitcoin is stable it’s worthless. someone explain to me how it isn’t.
it can happen however its both rare and its nothing new, that can happen with cash, credit cards, paypal etc too.
70% of people in el salvador don’t have access to bank accounts, let alone debit and credit cards. never mind the fees which mobile card payment terminal providers charge.
the fees on ln are extremely cheap they are usually around 1 satoshi per transaction
dogshit just because it is centralised, or another reason? both apps have great ux to me.
yeah i do not think people get the real reason for el salvador making btc legal tender. they plan to use geo thermal energy to mine btc on a state industrial level and use it to prop up their economy. the use of it as currency wouldn't work because of the volatility
this is a great question. a lot of people here mentioned that 70% of el salvador population is without access to basic bank accounts, so it is easy to assume that no exchange takes place and if bitcoin drops hard, a lot of people are in serious danger. unless they use some kind of integration with third party marketplace, then they are in even greater danger. one more of many thievery incident and suddenly 70% of one country population loses everything they own.
it uses a global currency that cannot be debased.
this video is actually a couple weeks old. it's entirely possible the recipient sold for usd or spent already.
the lightning network has really cheap fees one to a few sats, as well as instant settlement.
like every dollar is divided into 100 cents, every bitcoin is divided into 100 million smaller units called "satoshi" (1 satoshi = 0.00000001 btc).
when you earn in it then it is just easier and more convenient to pay with it rather than having to go through fiat gate keepers to convert it to dollars etc.
transactions are instant, as you can see in the video. and the fees are typically only a few sats.
no, you and a lot of others are not understanding what is happening in the video. this is a lightning network transaction which cost about 1-2 satoshis to send and does not require waiting for a confirmation.
that seems completely inaccurate. sounds like an exchange is ripping you off.
yes but thats not the point this isnt some new innovative technology thats supposed to change the world, this video is supposed to show how bitcoin is evolving and how much easier its getting to use bitcoin in everyday situations.
i have not had real money in a long time. what do you trade in? silver, or gold? my friend ran a gold store for a few years, i have a little saved up but i feel weird hoarding gold like some scared boomer, or dragon.
these people are using lightning which is basically free and instant.
> that's how easy it is in every country. only in developed nations, undeveloped nations have limited access to banking, let alone digital payments. bitcoin allows undeveloped nations to leapfrog up to instant online banking.
merchants accept it because they see the value in it and they know later, the value might also go up a lot more than dollars.
read the sticky above!
i think lightning network has made tons of progress, but it is still very far from perfect and has a long way to go.
transaction fees when sending bitcoin via lightning network are typically 1-2 satoshis.
1-2 satoshis, or about .0003 usd. unfairly cheap.
this is lightning network so the transaction is confirmed in a second
well yea. bitcoin is so volatile it’d be impossible to make fixed prices based solely on it for more than a day at a time
70% of the people in el salvador do not have bank accounts.
pretty sure they sell it in usd and then if someone wants to buy in btc they just pay the btc equivalent of however much they are supposed to pay in usd
to a unbanked individual, internationally, almost for free?
this is lightning network. in this case they are using a lightning provider who handles the on-chain transactions for you so no waiting.
its their choice, some of them hodl but some convert to fiat instantly
this is lightning network the fees are extremely small usually around 1 satoshi
this is lightning network so the transactions get confirmed in less than a second
some of the sellers who accept btc immediately turn it into fiat and the rest believe that they can make a profit by hodling so that is exactly what they do.
because who does not want to hold enough to buy a burger for 6 months and then be able to buy 50? this is why bitcoin is an option and not a requirement. you have the option to take on some risk that has the potential to pay off in a big way. having options is good.
then you charge it? actually i expect we'll start seeing nokia-style "dumb phones" that have sim cards but act purely as a mobile wallet. the battery life on those is wayyyy better than smart phones.
they have two currencies. one is the us dollar that they adopted a few decades ago and the other is bitcoin. one is controlled by a government who's monetary policy they have no control over and the other is controlled by no one.
>shame about the volatility. volatility is also the reason to hold. you are not getting rich holding dollars, you are losing spending power to inflation over time.
people can use apps that send . using western union costs 10-50% in fees, so even sticking to bitcoin you come out miles ahead.
the same if that happened to you now? you do not carry your life savings in your wallet do you? you wouldn't do the same with bitcoin either.
indeed, on average 10 minutes, but you could easily be waiting an hour. this app is using the lightning network, which uses the security of bitcoin to do instant super low-fee transactions.
that looks extremely shitcoiny.
but not for other nations that do not have decent access to banking.
it's bitcoin over lightning, it is a second layer that harnesses the security of the bitcoin network to do instant transactions with low fees.
lightning network, it is a second layer that harnesses the security of the bitcoin network to do instant transactions with low fees. it's also an open network, interoperable.
you can only get venmo in the us. the point here is that not every country has good banking and bitcoin allows the un-banked to get a bank by downloading an open source app.
one of the leading bitcoin-based apps there sends . the people can choose to only use .
there's also venmo in the us or monzo in the uk. the point here is that not every nation has the infrastructure to make fast digital payments. bitcoin and lightning allows the un-banked to get a bank by downloading an open source app.
you can, most el-salvadorians cannot. they do not have bank accounts. bitcoin gives them access to online payments for the first time.
someone can open a turbo channel to you which you can spend from instantly. on the merchant side there is definitely some faff to set up, but for end-users ln is a super slick user experience now.
you'd probably list the price in $. both the users apps can calculate the exchange rate on the fly. so it would be a matter of scanning a qr code and off you go. potentially in the future both the seller and buyer would neither know nor care what the other person is using for a currency, the exchanges and conversions can happen instantly in the tap-n-pay process.
this does work everywhere in the world too ;)
this is all over the lightning network. fees are next to nothing
yeah let’s trust banks! you don’t get it do you!
i also see you’re just a burner , troll account! get fucked coward
it's volatile relative to fiat currency. it is not volatile to itself when it is the currency. if a cup of coffee cost five sats today, five sats tomorrow, and five sats next week... it's not volatile. when the merchant is buying their bulk materials for 2000 sats today, and 2000 sats next week (assuming the merchant is purchasing it within the country) then it is not volatile. for the most part transactional currency remains stable. the price in usd for things like eggs, potato chips, and socks does not go up and down every week following our own volatility... gasoline is really the only thing we purchase on a regular basis that tracks like that. the problem is so many of you cannot conceptualize currency. you can only conceptualize value in relation to the usd, euro, or what have you. el salvador will be just fine. significantly better off than they were before in fact.
> enerated a qr code for an address format that was unrecognizable by the app i was using (i think i was using mycelium wallet) sounds like mycelium wallet on ios which are not seriously updated for years (android version of mycelium do not have this problem afaik). just switch to some decent wallet, like bluewallet.
it's not just about scanning qr codes. the transaction is also censorship-resistant and inflation-resistant ;)
bitcoin actually pioneered qr codes for mobile payments, but that is not exactly what is happening in this video. please read the stickied comment to get better informed.
not a dumb question. you just need both the receiver & sender to have a wallet compatible with the latest standards (lightning network here). cb in particular, they have always been laggards, and they are not compatible with lightning at the moment unfortunately.
because coinbase, a company that literally named themselves after a concept in bitcoin, and made tons of references to bitcoin in their ipo filing, does not actually care about implementing the latest bitcoin technology. they built their entire brand off bitcoin but instead they want to list as many casino shitcoins as they can to make trading fees, most of these coins they actually pick up for cheap before they list them to their customers. there are a few exchanges that offer lightning and liquid in addition to main chain bitcoin and hopefully that number will grow. lightning is great for moving small to medium size amounts
> is it the one you can download in the google play store? yes, it is. > and can you use it all around the world? no, you need a salvadoran mobile number in order to do anything in the app. you cannot even earn a few satoshis by reading short articles about btc without verifying your phone number.
should be less than a us cent.
hmmm maybe crime … which is mostly due to our counties thirst for cocaine and other hard drugs
if it was available and banks were easily accessible here...
less than a cent.
this transaction was sent on the lightning network. transaction fees on this network are a few satoshis and because the end user does not need to wait for the transaction to be confirmed by miners, they receive their assets almost instantly.
i think if we stop comparing cryptocurrency value to fiat currencies, then its value would settle.
the president is trying to do major restructuring and handling the gang issues. it's a play to get away from the us dollar.
a fraction of a cent.
it's a fraction of a cent.
that's why you have a recovery phrase
visa. 70% of salvadorans do not have bank accounts or access to the types of financial services that we take for granted. most of those centralized payment apps do not even work there. if they work for you and you see no need to change, that is great!
it's the bitcoinbeach lightning wallet
your lightning wallet needs to have funds (obviously) but both you and the seller have to be using a ln wallet it wont work if the seller is using a ordinary one and if the seller does have a ln wallet then all they need to do is show you the qr code and then you scan it in your wallet.
it takes hours to confirm
there are lots of bitcoin promotors who see bitcoin as a piramide game, a coin is a coin, it can be a collectible or a payment system but people should make up their minds thereselfs and every opinion is just an opinion as nobody really knows where this is leading to.
worth making a meme of : )
no it won’t, the entire value based incentive for individuals to accomplish the ability to trade with one another for the goods and services they want and need is not the product of the manor in which transactions will wind up as the reflection of a transaction which can be see on the block chain today or 100 years after the transaction occurred. the only thing that is required for its ability to provide value over the 1000 other mediums of currency that an individual could choose to use in order to be able to achieve the same end result that they did with using bitcoin is that the block chain is something that can be trusted to be in with which it proven as to not only be something that you can trust enough that its use as public record to account for the use of bitcoin transactions is completely solid to its core by virtu e the fact that all bitcoin that is currently in circulation was created legitimately by the only possible method it can be created from which is in the form of a reward to the validation of all previous blocks which were successfully validated to create the reward for their validation in the form of new units which were added to the supply. as long as all bitcoin is created from the value that comes by way of the process of validating transactions into the permanent chains recoding of all transactions which is how the creation of new units is underwritten with intrinsic value to ensure that all new bitcoin that’s added to the supply is also adding to the stability of the long term use of the system compared to any other available currency which could be traded for value as well with the key benefits of using bitcoin instead come from the fact that it’s ensuring that all of its units are created from the benefit that comes from helping verify the public transactions of the networks entire transaction history. bitcoin current value in dollars isnt the source of value that is what makes the use of bitcoin a better currency to utilize for the purpose of your own transactions to add value of some sort that you needed to have means of getting the most amount of value for each of the units you have to trade than any other currency is able to provide . it’s value is derived from the confidence that you can be certain that if you have any bitcoin that it was created out of a value that came to be the reason its creation was and response of which will ensure that all 21,000,000 bitcoins will have provided the value to the existence of the blocks of transactions which tell the transaction history and verify that any transaction that is accomplished was the product of a legitimate transaction which was the value that ensured that everything that was produced between all 21 million units that are going to be the point at which no more bitcoins will ever be able to be created to increase the supply that can be circulated which is what will maximize the value derived in trading with it over anything which your able to use instead
its lightning network... gets confirmed instantly
your comment is so completely and utterly false that i've removed it. stop spreading thisinformation in order to promote your shitcoins scam.
...for the unbanked. i love how the western world keeps telling el salvador citizens to just get a bank account with a bank as good as the ones in the us or europe.
this is el salvador where 70% of the population do not have bank accounts. your contactless payments are processed by centralized entities using fiat cash which can be seized at any time and is subject to unpredictable inflation.
you don’t know much about the light king network do you? that’s what this is all going over. the fees are nothing
read the sticky above !
read the fucking sticky above you! it’s called the lightning network… my god…. do like 10 minutes of research before posting such stupidness !
well, actually it is legal tender there.
lol you don’t get it do you! apple pay lol
talk about uninformed lol!
have no one heard of extra-judicial financial embargo imposed on wikileaks by u.s. financial giants including visa, mastercard, paypal and the bank of america back in 2012?
this is a bitcoin transaction over the lightning network. other subs are misinformed.
except he didnt, lightning network has extremely low fees usually around 1 satoshi per transaction
it did, this is lightning network transactions get confirmed in less than second
lol you just don’t get it! that’s fine
read the mod post then try again
doesn't work in el salvador. read sticky.
if you only knew how shady pay pal is! they straight rob people!
it’s done with the lighting network! the fee is fractions of a penny! like literally one sat.
why would the fee be so high? this makes no sense. it's way less than a cent.
no, your description is not what this is. please educate yourself before running your mouth about things you do not understand.
this isnt supposed to be some new innovative technology thats supposed to change the world, this video is supposed to show how bitcoin is evolving and how much easier its getting to use bitcoin in everyday situations.
this is lightning network the fees are almost zero (around 1 satoshi per transaction)
they do not have apple pay though. many nations do not have decent access to banking, so this is a major technical breakthrough that gives low cost access to online banking to everyone.
it costs less than a cent.
please read the stickied comment. it's not about contactless payments at all, although bitcoin did inspire. people in el salvador cannot use their apple watch for debit card payments because 70% of the people there do not have bank accounts. it's understandable if this is not useful for you, in which case you should just continue using your debit card.
dude… read the sticky above! my god people are lazy….
it's definitely not free. you pay inflation every year.
too late. it's already legal tender there.
read the sticky post my god
it does not work in el salvador.
doesn't work in el salvador
lmao. imagine when you learn how to read!
bitcoin is decentralised. this means that nobody has control over all of the bitcoin nodes and nobody can freeze another person's assets, thisable their access to their wallet (unless they are using a custodial wallet) or ban them from sending and receiving transactions. furthermore, bitcoin is a peer-to-peer digital currency, so your assets are not sent to a middleman (e.g paypal, venmo, banks), like centralised currencies. payment services like paypal and venmo are centralised, and these companies are free to freeze your assets and thisable your account for anything that they believe violates their terms of service, which does not just cover illegal activities.
it's not staged. this was recorded in el salvador which recently declared bitcoin as legal currency.
it's impossible. good luck.
congratulations on being born in a first world country with access to bank accounts and other financial services! your mother must be very proud.
maybe you should stick around and educate yourself!
indeed. the important thing here is not so much that qr codes are used for payments but more that censorship-resistant & inflation-resistant instant payments can now be made easily without having to rely on banks.
bitcoin was created to avoid financial organizations completely.
yes but thats not the point this isnt some new innovative technology thats supposed to change the world, this video is supposed to show how bitcoin is evolving and how much easier its getting to use bitcoin in everyday situations. also, happy cake day
it's not like any other transactional system, this one is able to melt the ice caps at a record speed!
is america a balkan country?
literally nothing would work in the global financial system if “they shut off the internet.”
it still works without internet actually. you can use the lightning network in an "offline" network. also bitcoin has a satellite network so you can receive the blockchain with a tv satellite thish.
not american, this isnt supposed to be some new innovative technology to change the world, this video is supposed to show how bitcoin is evolving and how much easier its getting to use bitcoin in everyday situations.
you do not understand what's happening in the video. this is not just any bitcoin transaction.
you are right, lightning wallets do work pretty much anywhere else in the world.
what do the words centralized and iou mean?
not so easy if it comes from remittances to el salvador.
omg i never even thought of this, selling all my btc rn
most people in el salvador do not have access to a bank account, so they also do not have credit or debit cards.
guess you didn’t read the sticky did you ?
they can sell it immediately and automatically when they receive their btc to fiat if they want to. (the government has a fund dedicated solely to doing this)
the difference is that it is bitcoin. it's permissionless, no kyc required, instant and does not go through any centralised middlemen. lightning is ultimately trying to make point of sale payments easier with bitcoin. that is all.
lightning apps do have backup mechanisms you know? muun wallet for example upload a recovery sheet to your google drive folder.
i get your point but this is not supposed to be some new innovative technology thats supposed to change the world, this video is supposed to show how bitcoin is evolving and how much easier its getting to use bitcoin in everyday situations.
this is lightning network so there are basically zero fees (usually around 1 satoshi per transaction) and yes we have had instant transactions for a while now but this video is supposed to show how bitcoin is evolving and how much easier its getting to use bitcoin in everyday situations.
same same but different. i can send any amount of money to anywhere in the world in about 10 minutes using bitcoin or faster using lightning without asking anyone for permission. you cannot do that with a regular card. there are borders, processing times and restrictions.
you do not, this is lightning network the fees are almost at zero usually around 1 satoshi per transaction
el salvador is working on a system that will give people the option to immediately convert to dollars so they are not exposed to the risk.
silly goose. you can buy a fraction of a bitcoin.
but not everyone has access to venmo. many nations do not have decent access to banking, so this is a major technical breakthrough that gives low cost access to online banking to everyone.
it's not easy everywhere, many nations do not have decent access to banking, so this is a major technical breakthrough that gives low cost access to online banking.
...or venmo in the us or monzo in the uk. the point here is that not every nation has the infrastructure to make fast digital payments. bitcoin and lightning allows the un-banked to get a bank by downloading an open source app.
yes, and in a lot of other countries they do not have access to decent banking. this makes getting a bank as easy as downloading an app. the video is showcasing how un-banked el-salvadorians can now easily bank and do business digitally.
if this gets more common the value will settle out
that would mean that they have a bank account! el salvador’s 90 % of the people don’t have access to them!
no, you are among the many people mentioned in the stickied comment who are too uninformed to be commenting because they do not understand what is happening in the video. this is a bitcoin transaction sent over the lightning network, which does not require mining or pow. that transaction used less energy than you spent writing your comment.
does you debt card access bitcoin?
just use sats as the unit of account.
centralised and permissioned vs decentralized and permissionless so nope.
bitcoin is built in a way that it is impossible to shut it down completely without shutting down the internet. but even shutting down the internet would not work completely, as you can send data using other means, like shortwave radio or mesh networks.
supposedly there are a handful of other latin american countries who are considering joining el salvador in making bitcoin legal tender. stay tuned.
you cannot venmo? what a shitty fucking system.
muun wallet is one of several choices
i would highly recommend checking out our lightning thursday threads that get posted each week. you can also ask general questions in the daily discussion threads, and there is also . very briefly, currently you need to either run your own lightning node or choose a shared custody solution (for small amounts only). there are several options to choose from. breeze, phoenix, muun, wallet of satoshi, bluewallet to name a few.
hi u, thanks for tipping u**1000** satoshis! *** *[^(more info)]( ^ [^(balance)]( ^ [^(deposit)]( 10000) ^ [^(withdraw)]( put_invoice_here) ^ ^(something wrong? have a question?) [^(send me a message)](
i think they have some btm's there so they can switch the us dollar to bitcoin or vice versa without a bank account and i recently heard there is at least edit: to change to 100 more btm's on the way there
that's great to hear, but please keep in mind that while lightning network has made really great progress over the past few years, it is still cutting edge technology and there are more wrinkles that need to be ironed out in order to make things even more seamless for end users. that being said, give it a try! we host lighting thursdays every week so feel free to stop by and ask questions.
you are confusing "monetary supply inflation" with "price inflation". they are not the same thing. the number of us dollars in existence has increased by 1000% in the past 10 years, and roughly 5x in the past year alone.
okay, let us say the fed changed the way they calculate m1, but is it not true that the fed has created somewhere between ? if so, that would still be an increase somewhere between 500% and 1000%.
in response to your deleted comment, read the rest of the comment. >the wallet app is called "bitcoinbeach" and is an open-source, shared custody wallet being developed by [galoy]( specifically for this small beach community in el salvador. this app operates on shared custody, but any ln wallet app will work. some are non-custodial while others are fully custodial. it's up to the user. >how do you buy bitcoin without access to any financial services? cash? salary? use your imagination.
>functionally these are the same thing. as soon as i swipe my card the transaction is "real" for all intents and purposes. even if it takes a couple of days to process in the back-end. that's functionally identical to what you're talking about with lightning network, even if the implementation is different. no, as a merchant, debit. this is considered necessary due to how rampant fraud is with debit, but that is not the case with bitcoin and lightning. when you send a payment, that payment is **final**. no backsies. >this just is not a great argument to be making about something that is supposed to be a currency. it's more of a rebuttal than an argument... the original (weak) argument being that bitcoin is volatile. yes, we know that. we're used to it. you may consider my rebuttal to be weak, and that is fine. i've addressed this further down in the comments, but feel free to come up with a better one? >but bitcoin currently swings wildly yes, again, i have addressed this several times today already. we all know that bitcoin is volatile compared to the us dollar. but from a different perspective, the [us dollar has collapsed by 98%]( against bitcoin in only 10 years. that's pretty atrocious performance for something that is supposed to be a currency, wouldn't you say? i really think you guys should take some time to understand what money actually is, and i hope you'll stick around after today so we can continue this thiscussion!
> your crypto can be banned and seized at any time (insert ) by the government too. it's possible that you do not understand how bitcoin is secured. yes, it is possible that an evil government could torture you until you revealed your private keys to them, but failing that, assuming your private keys were properly secured, that government would not be able to crack your private keys before the sun engulfed the earth. >what is the drawback of inflationary currency? my savings not being stable in value over time? well i have some bad news for you about bitcoin if "value staying stable over time" is a major desire of yours... again, you guys are confusing "price volatility" with "monetary inflation"... they are simply not the same thing. i've already addressed this several times today. please read this thread: >sure, okay, i agree with most of those, but you're missing the beneficial ones? if bitcoin is not beneficial to you then i see no reason for you to use it. continue using your preferred national fiat currency along with 100% centralized custodial services. nobody here will stop you.
yes, the usa has pretty decent access to financial services. however, very many people have been banned from using paypal for example. nobody can ban you from using bitcoin. furthermore, most of those us services do not work internationally. can you pay a freelancer in nigeria using venmo? nope. do you accept payments via wechat or alipay? probably not.
it makes sense if you run a "thisapproved" industry that can be deplatformed guns, sex, smut, weed, crypto exchanges (recursive but still true!), ???
the us dollar has lost 98% of its purchasing power over the past century. the us dollar has also lost well over 90% of its value compared to bitcoin over the past 10 years. these are both factual statements, as uncomfortable as it may be for you to hear.
he's rumored to have [around 1 million bitcoins]( right? meaning he will own around 5% of world economy when that happens. not bad.
richest dead guy of all time
if they touch that wallet even once, bitcoin will have a big crash because it confirms that wallet is not lost, meaning the confirmed circulating supply will be a lot bigger. just like how that if it is confirmed to be lost, the supply will shrink so price should go up as they are more scarce.
i would think he would realize it is inevitable and necessary for the technology to scale.
one of the interesting things about the emerging world is how ubiquitous mobile technology is. yeah many households in places like sa and africa do not have pcs and other things yet, but most people have phones. in nigeria it even spawned a giant 2nd economy of people trading mobile minutes as currency.
everyone has a phone, dude. in taiwan, a lot of people do not have a tv or computer at home, but every member of the family has a phone.
you can accept with just the qr code.
then i guess you’ll have to use the money that govt prints from thin air
almost everyone has mobile smart phones in ""third world" countries. if they cannot afford one , the cellular provider just adds a couple dollars in cost to their mobile plan to pay it off.
then you cannot play diablo
the vast majority of people there use dollars. bitcoin is used by about 12 people in that beach. it's possible to do but not required. well, not for another 80 days anyway.
they all have old obama phones, they come with the losing super bowl team’s winner shirts
honestly, 99% of the world has a smartphone or access to one at this point. ive been in crazy remote parts of africa and asia and still seen iphones in places that barely have electricity
not sure if this is sarcastic or not
than buy one... smart phones in el salvador run around .
what if you don’t have money? hahahaha my 103 year old grandpa has a phone...the guy asking for coins at the mart has a phone, and not any phone...an iphone 11 pro max...if you don’t have a phone is because you don’t want to or you don’t have money...unfortunately people will pay 1000...21st century priorities...gotta love it
very true. another interesting fact is spacex’s starlink global internet coverage with the tens of thousands of communications satellites its already begun placing in earth’s orbit. this means virtually everywhere on the planet internet access will be available. additionally, smart phones overall have significantly reduced in price over the years. when i worked as a security contractor in highly undeveloped countries like central african republic, iraq, and afghanistan several years ago, i was surprised to see many people living below the poverty line own smart phones. that’s when i learned that these devices are more financially accessible to the less fortunate. there also exist several organizations worldwide providing the less fortunate with such technology along with internet access. i know because i was a part of their security. it was surreal to see people living in terribly poor conditions, worn clothes, living in tin huts, yet possessing smart phones. as time goes on, the infrastructure will set up to provide the less fortunate across the planet with access to blockchain tech. society adapts to new technological advancements. unfortunately, it’s a gradual process and rarely an overnight achievement. i’m certain we’ll get there.
>that's actually a good point, in el salvador only 40% of people in el salvador have a smartphone
then see it on your pc
homeless people have smart phones now.
what if there is no internet connection is a more valid question here. is there any kind of a proposed solution in this case?
there's more phones in el salvador than people almost 3 phones per person. not all of them smartphones i'll give you that but most people have an android phone in el salvador.
do you guys not have phones?
well then you cannot play diablo obviously...
then you probabily do not have money to use so its all good.
virtually everyone has a phone these days, solves for digital payments and protects against inflation. in 3rd world countries it is much more likely that people would not have a bank account or credit cards therefore those would otherwise be excluded from the digital economy. banks can deny people an account but nobody can stop you from having a phone.
almost everyone has a phone in emerging markets... parts of africa had mobile banking-phones for over a decade... us banks do not want you to access their money...
i was in a tent in the middle of the mongolian desert when a local kid came to me and took a selfie on her smartphone. enough said... =)
what if you can’t read or write?
what if you tried to make a legitimate good faith argument?
who the fuk doesnt have a smartphone today, literal slum people do
you ca generate paper wallets like cash.
cleaners in second world countries have phones.
granted i’m in a very first world country, but the homeless all have smart phones here : /
people still do not have phones? it's almost 2021.
some places have more phones than people.
why get a seperate laptop, camera, phone line, handset and modem to upload all your dick pics when you can just get a smartphone?
you'd be hard pressed to find a place on earth where phones are not ubiquitous. source: live in the developing world.
you get one! even if it is to call your mother on sunday's!
what if you don’t have fire?
poor people do not have a roof but have a phone these days
it is real power, but you cannot do that with stranger. if someone hands you a private key on a piece of paper, then you should not accept it as payment, since he can have a copy of the keys. private *keys* is a well chosen term, because just like physical keys, they can be copied.
sounds like the perks of cash. i’m not buying something off the street with my investment asset
>it’s a trade off this is an important concept to remember. it aapplies to most things. there is rarely an absolute "better" or "worse". there are trade offs that make something better in one circumstance, and worse in another.
it almost sounds like cash…
you can code that ability as a smart contract on the bitcoin network.
a lot of chargebacks nowadays are abuse from the consumer and or fraud anyways.
this. the biggest selling point of crypto "currencies" is being decentralized, without any kind of central authority protecting transactions or controlling the money flows. but that is also their biggest weakness and already by itself makes them unusable for any real transactions where a real functional currency is also available.
most businesses do experience chargebacks, but they are relatively rare. 0.60% of transactions are charged back on average, and 30% of those are due to the card being stolen. so that is 0.18% of transactions charged back due to a stolen card, or about 2 in every 1,000 transactions. so, yeah, it happens. but most consider it a cost of doing business. it's substantially smaller than the % fee charged for processing a card payment in the first place (typically around 3%).
no it’s not. a card transaction is approved relatively instantly so you know the money is on the way, even if it takes a few days to get there.
seriously, the fees are so ridiculously huge that it is lost all hope to be used as an actual currency at this point.
i think you didn’t watch the video 🥴
people who want to save their amex points to unlock the business lounge for their next holiday.
sure cause nobody can stick a gun in your face and force a transfer :)
you’re insane if you think el salvador is that dangerous. having lived there, as an american citizen, i never once worried about a car bomb that i might run across in afghanistan (i’m sure there are wonderful parts in these countries as well and you’ve probably lived your whole life scared of traveling abroad. heck, i wouldn’t even worry about visiting afghanistan ). avoid gang areas (you’ll know when you see them) and el salvador is perfectly safe.
ah yes, very safe to be your own bank: (and this is holland, now imagine what is going to happen in el salvador)
i'm not 100% sure but i would assume there are dedicated people who purchase bitcoin in bulk and then thistribute it to people locally face-to-face. that is one way they can purchase bitcoin with no bank.
the new legal tender law will require banks to offer exchange from dollars to bitcoin and back, earning and selling stuff for bitcoin, along with the 1500 bitcoin atms that are headed down there, and the 20% of gdp that comes from remittances that is rapidly switching to transferring over the bitcoin network.
thank you! but why are some comments saying that it needs 2 days to validate
in the netherlands i almost exclusively pay by phone, people either do the qr code or just have a "wallet app" which means i can just hold my phone against all payment terminals. all banks here have mobile contactless payment apps.
research more about what is actually happening on the back end of those transfers. it just appear to be instant to you, it actually isnt.
so it’s literally just money with extra steps? lol
or you know you can just send 20 usd and they receive 20 usd without having to do all this useless conversions
who did the conversion? i cannot imagine it is feeless.
difference being that the rate of inflation is so small that for all intents and purposes for the average joe it might as well be 0. like an average joe is going to get some money and spend that money away in less time than inflation has time to really affect the prices in a way that they are going to perceive. you might get , inflation will have raised prices by maybe 20 cents. not enough to make a significant impact on what you can do with that . meanwhile with bitcoin you cannot realistically predict whether your , much less a year.
interesting. thank you for an actual explanation. makes total sense.
lol i'm from el salvador. banks lets us send even .01 without fees and instantaneously
this makes a lot of sense. it seems like a significant amount of people here are confusing venezuela and el salvador. people try to reference their fiat being volatile while el salvador took the dollar in 2001. thanks for the response. i didn’t realize 70% of the country doesn’t have access to banking. that changes everything.
now they get screwed by btc tanking without any bonuses!
except the price of bitcoin is down 18% this month so they would have been better off holding onto usd. the price of bitcoin is not correlated at all with the inflation rate. bitcoin is its own, speculative asset with its own risks and reward profile.
they use the usd for exactly the opposite reason. usd inflation is pegged around 2%. stability is the single most important factor in barter. this is why during the jacksonian banking years we had multiple liquidity crises. btc is a lot of things, but it is not stable.
they still have to value their btc in something else when they trade though, the volatility is way worse than even an inflating 3rd party fiat. it's still a good start, though, because in 50 years these economies will start acting as the stabilisers.
nonsense. they have a really poor banking industry. like…you cannot even send money between banks. what they need is a more stable financial system. their issues are not inflation…they had that already with the national currency so they switched to using dollars. the federal reserve has kept inflation under 5% for a long amount of time. nothing changed.
wouldnt btc have to stabilize first? cant imagine losing 50% of my wealth because it’s just a volatile asset.
that's not really relevant but since you're curious, the transaction is not recorded onto the blockchain until each party chooses to close their respective payment channels. a single channel can represent hundreds or thousands of trustless transactions that occurred 'above' the blockchain, thereby taking no space on the blockchain despite the transactions being virtually free and instant for the counterparties. some of these mobile ln wallets are custodial so you do not want to put all your funds in them, but they are excellent for buying pupusas or coffee, and other transactions that do not require a record being stored forever in the most secure database ever created. ln can of course also be used noncustodially (your keys, your coins) as well, although the tech is evolving fast this is still a power user move.
> that was before the devs soft-forked everyone with rbf to increase the bitcoin fees and force us to use l2. neither of those two things are true. rbf does not increase bitcoin fees, on-chain usage does. rbf gives you the flexibility to increase your fees if your transactions is not getting mined and i can tell you first hand that is very useful. and there was no l2 when we upgraded so that intent is also wrong. i do not even have to look at your profile to know you are a bcasher.
is it crypto or more like a chinese version of venmo?
now try and use an escort service with them.
yes because the random sellers in an underdeveloped country cares about centralization
you think the woman who earns ?
now the question is what’s the taxes lookin like?
what if it doesnt get better after one month or two, you just starve for that time?
10 years vs half a week
you 100% sure of that? also, not very handy if your salary just tanked 50% and you need to buy something while you wait for btc to rally. if it rallies.
does really matter when you use it as a currency to buy bread.
fiat loses 2% a year... maximum 14% even during the horrible inflationary decade of the 70s. even right now with so much inflation fear we're barely above 5%, and that is comparing to a period that was *de*-flationary. btc meanwhile can lose 50% of it is value in a month and some change. your argument does not make much sense.
instant conversion to fiat? it sounds like fiat but with extra steps
so if they need to pay bills today your solution is that the price could go up soon?
it seems to me that if china stops mining bitcoin then the supply goes down and that should send the price up. correct?
every blockchain mined waterboards an extinct panda to death with a mile of melted arctic ice shelf. they are just trying to save the environment.
it is not slow in all situations.
“bitcoin is great because it’s decentralized and relies on no central authority, but it’s so slow, expensive, and shitty and processing transactions that we’ve added in a central authority in the middle to move things along.”
i'd wager that any payment system, without using the technology which makes it quick, is slow.
you need to wear a shirt when you visit a bank, it is necessary in banks
yes, this is bluewallet i thought they will be using the strike app
funny how he replies to other comments except yours (the one that spells out the biggest difference compared to paypal).
so... basically just like paypal?
doesn't strike require an id to set up and fund an account?
>any identifying information yea it’s not like anyone can see your entire transaction history and current balance if they have your wallet address… *oh wait*
but the exchange you bought your coin from knows you have bitcoin and can still track it.
cant wait for 1 sat = 1 cent!!!!
just adding a bit: 1btc = 100,000,000 satoshi, like cents to the dollar. 0.00003578 btc = 3,578 sat
so just to be clear, you would cash one of your bitcoin in to satoshis. then you would use this for smaller transactions. the satoshis are pegged to bitcoin so they never change in relative value.
yes atleast with credit cards and bank accounts , you could have charge backs or some protection. with bitcoin it would be gone. rare? violent crime is rampant in el salvador, in 2012 the homicide rate peaked at 105 homicides per 100,000 residents once robbers realize everyone is carrying their life worth in their phones. which can be transferred with a few clicks and scan. and that money cannot be traced back. ...am i the only one thinking this
seriously high inflation. they have an export based economy, and they want to keep it that way. the only way for this to be possible is to continuously debase their currency so the rmb stays cheap to attract foreign trade. i even remember obama pointing this out during his presidency. people think it is normal and has become standard practice to raise the prises after chinese new year. *edit it's also far from permissionless. from one day to the next, your wechat would not allow you to pay for unknown reasons. met many expats with the same problem.
and do not you think that this mass confusion is a major problem here? or will you arogantly think that others should read the convoluted details of bitcoin and ln?
whoa i didn’t know that, how does that work then, do you have to pay a higher transaction fee or does the shop owner pay for the ability to use that network. sorry i’m quite new to crypto.
gotcha, what about if we have non-cooperation between ledgers before broadcasting to the btc network? is there any reason to worry about failed tx with lightning network?
wow. thanks for letting me know. how about the valuation of goods? are the goods directly priced in btc or are the btc converted to a fiat currency first to pay for things?
sounds to me like they are using bitcoin as an anti-inflation tool.
i never used western union in my life but i'm sure it comes in handy for those who need to use it. i'm just concerned about the value changing so often unlike before inflation. prices have shot up with the dollar but can you avoid that with bitcoin?
very fair, im in canada and it’s easy to forget we’re a world leader in banking
interesting. how much are fees on lightning network?
interesting i didnt know that, thanks!
so how does just another payment app that most people would just go with dollars because it’s something they understand help bitcoin.
how do they get bitcoin?
thank you! makes more sense now! love the way the future is shaping up
i’ve heard of the lightning network, but i don’t know much about it. where can i learn about it? does it use normal bitcoin?
that was a helpful explanation, thank you!
i've always only used android, i'm aware of the ios version being very out of date. i think the problem was with the vendors wallet using some antiquated format but i cannot be sure, it was years ago and i was in a decently altered state at the moment to be honest, so the details are not very clear in my memory. perhaps it was the coinbase wallet not being able to recognize a newer format, then mycelium that saved the day.
about time btc got cheaper to actually use
what are they use? that’s low, coinbase is shit
how long that going to take? what would she do in between? say i o u? lmao
let me pay for a new phone….but give me a new phone first before i can pay you….
first of all lighting network doesn’t need btc to operate. secondly, developers could change the amount of btc supply if it is needed, or change the block subsidy for starving miners once everything moves off chain. as transactions occur outside of the blockchain(no immutable records) there could simply be trading ious through the lighting network. fair play to you for taking the time to answer and be open minded to hear others. tldr: in my opinion lighting network defies the purpose of the public ledger.
i'm not arguing against that. the post however makes it sound like sending money easily is hard without bitcoin.
not into reading every comment or post. this was on r.
everytime i ise ln i do have 10% or so charge so there is some truth to this? and the above didnt explain it well nor in detail so dont get mad at people who have no clue and dont understand because its not that simple for those that are new shit im still adapting but i love it but i do have concerns and questions.
no i really don’t
ccccccash it’s waterproof and blackout proof, completely wireless, tangible
i read it, it is still bs. thinking that access to bitcoin, account and knowledge about crypto currency is easier than centralized money payments is an illusion. not to mention how volatile crypto currency is...
a) i was being sarcastic b) you cannot say the fees would not go through the roof once the network gets overloaded or when bitcoin rebounds to
you guys are really innovating the pyramid scheme alright.
why does the normal person care if it is centralized? products need to solve a problem. it feels like crypto people are making up problems to be solved that do not have popularly adoptable everyday practical uses. i get that this is the wrong sub for negative responses, but it is jarring the bubble crypto fans have placed themselves in.
ing direct had it for a while in 2006. chase was experimenting with it as wel
didn’t the dept. of justice just seize over ?
they write here “its like magic internet money”like you couldnt do it before.thats why i said.i am not from norway…
i get your point, but paying this way isn’t just bitcoin exclusive, apple. i would expect and hope that any platform expecting to be used in this manner would follow suit. i would even expect those platforms to integrate bitcoin and other cryptos in the future.
ah yes but they have an iphone and pc to get bitcoin
sell it for what another crypto that is also down or fiat that is tracked?
wait then why do i have to pay like ? is there a way to use lightning network to transfer between wallets? this is my main issue with btc i never want to transfer because of the fees and all of my btc is stuck sitting on the exchange till i have enough to transfer.
you don’t need bank account. use prepaid debit card to load the venmo balance. you don’t need to be a drug dealer to figure this shit out.
it does not give any access to online banking, bitcoin does not offer banking. this is a payment. payments are pretty easy almost everywhere. were payments not this easy in el salvador before they changed the law? i mean, it was, because they already had bitcoin, but is it not this easy to send a usd payment?
i think that is one thing i am finding hard to understand. never had issue with centralized system. honestly trying to learn crypto here. any articles to browse over?
correction - you can venmo but if you want to send your money from venmo to a paypal user you’ll have to take your money out (ach) or do a debit transaction (2), then deposit to a paypal, and send via paypal
that's great thanks for letting me know. we do not have them in my country.
but they are both types of inflation? and the big issue with inflation is not that it happens, but the rate of price change and volatility it creates? i'm asking genuinely. like, one type of inflation is not intrinsically more "dangerous" the the other, economically?
the fed itself has created about .6 trillion in reserves + currency ( since jan 2020 and because of multiple deposit expansion m2 has increased ~( regardless, the amount of money is less relevant than the inflationary effects it will have -- a doubling of the money supply does not necessitate a doubling in prices, or we would be in a lot of trouble. do you think that the current inflation rate (~4%) is incorrect or you think that this giant increase inflation is coming sometime down the road? it always seems to be 'around the corner.'
>cash? salary? use your imagination. where are these in person cash bitcoin exchanges you speak of? how much liquidity do they have? >this app operates on shared custody, but any ln wallet app will work. some are non-custodial while others are fully custodial. it's up to the user. why do custodial wallets greatly outnumber non-custodial in terms of userbase if people do not want a centralized service that can freeze your funds at any moment?
> no, as a merchant, debit. this is considered necessary due to how rampant fraud is with debit, but that is not the case with bitcoin and lightning. when you send a payment, that payment is final. no backsies. it's a form of consumer protection. most debit cards do not allow any sort of chargeback, and the ones that do are generally on accounts that incur a fee just for existing. a lot of this stuff is actually mandated by governments for the protection of consumers, and that is why a lot of improvements in credit card security have been pushed by the banking industry, because it costs both them and merchants money. yeah bitcoin payments are final, but when you get hacked that also means that as a consumer you have zero recourse, that money is just gone. > it's more of a rebuttal than an argument... the original (weak) argument being that bitcoin is volatile. yes, we know that. we're used to it. you may consider my rebuttal to be weak, and that is fine. i've addressed this further down in the comments, but feel free to come up with a better one? i do not have a better one, in my opinion it is better to just acknowledge the issue and move on if you do not have a strong argument to put forward. in this case either for why that is fine, or why it is getting better. sure the "insiders" are used to this stuff, but to someone like me who follows this but is skeptical it just looks like blind fanboying. trying to excuse any fault, no matter how serious, but for me as a consumer who does not have thousands or tens of thousands of dollars to tie up in a risky investment the idea of using this as an actual currency looks laughable right now. > yes, again, i have addressed this several times today already. we all know that bitcoin is volatile compared to the us dollar. but from a different perspective, the us dollar has collapsed by 98% against bitcoin in only 10 years. that's pretty atrocious performance for something that is supposed to be a currency, wouldn't you say? nope, because it is a completely arbitrary metric. the cost of graphics cards has gone up ~%250 in the last year, but no one's saying that the us dollar has "collapsed 66% against the gpu market" because what's changed is not usd, it is the price of gpus. similarly what's changed here is not the us dollar, or any other currency, it is the price of bitcoin. again this just comes off as an incredibly weak and fanboyish argument. it's using some very arbitrary and favorable comparisons to make a point that is quite easy to see through as a false premise. it's better to not make the argument at all. watch, i can completely change the argument by just substituting different numbers into the same statement and flipping the currencies: "but from a different perspective, <bitcoin> has collapsed by <50%> against <the us dollar> in only <2 months>. that's pretty atrocious performance for something that is supposed to be a currency, wouldn't you say?" similarly arbitrary numbers, same argument, same ridiculous premise of comparison. > i really think you guys should take some time to understand what money actually is, and i hope you'll stick around after today so we can continue this thiscussion! so, this is just really condescending. you do not know anything about me, my background, or anything really beyond what i've said to you today on this forum and maybe a few things you've read in my recent post history. i'm actually well aware of what money is, both in academic and practical terms. i actually minored in economics in college, and while that does not make me an economist or an expert on currency markets, it does mean that i have a very strong foundation in fundamental economic concepts like "what is money". there are a bunch of different dictionary definitions but one of my favorites is that money is 'a store of value that can be exchanged freely for goods and services'. the important things to note here are that it does not say anything about that value fluctuating, and that the store of value must be widely accepted within an economy. you cannot restrict money to a fixed value because to put that restriction on a currency would be absurd. if the amount of money in the economy stays the same, but the price of everything doubles, then your money is still worth half of what it used to be. the "widely accepted" metric is the one that is currently a problem for crypto currencies. in that regard they act more like investment commodities than they do a currency, because while you can exchange them for things at some places they are not really "widely accepted", and most of the time actually using them requires converting them to something that behaves more like an actual currency, like usd, pounds sterling, yuan, ect. anyways, do not be condescending, it is not a good look, and it does not do you or your community any favors.
btc is not just volatile vs usd. it is volatile in terms of goods purchased. the whole purpose of a currency is to provide purchase power for goods and. go to a grocery store and buy a gallon of milk. go there next week and buy the same gallon. in usd you probably would not see changes for a long while. even in more inflationary currencies you would not see changes that quickly. but for btc it would be completely random luck for it to require the same amount of btc to purchase.
any merchant that averages more than 2% or 3% chargebacks will lose their ability to process credit card transactions. the argument being put forth makes it sound like if you do a hundred , you don’t get to access any of your funds for 3 months. the processors simply hold a reserve amount to cover potential chargebacks. the reserve is typically based on a risk profile and is a small fraction of overall sales. btw: i designed and implemented a payment gateway for a major retailer doing hundreds of millions of dollars of transactions a year. our chargeback rate was less than half of one percent. another part you’re sort of glossing over is the fact that those legacy systems actually provide protection. the reason a chargeback exists is either the card was used fraudulently or the merchant and customer have a thispute. how is that handled with bitcoin? who can you go to when a vendor rips you off? what happens if someone gets the keys to your wallet? i don’t know why people don’t understand this but, consumers enjoy being protected from theft and fraud. touting the fact that bitcoin offers no protection due to decentralization is exactly why bitcoin’s adoption rate is still under 20% even after 12 years. i’m not trying to bag on bitcoin but i don’t think you or anyone else is doing a service to bitcoin by hyping bitcoin and ignoring flaws. being blind to bitcoins flaws means they don’t get fixed.
damn and i was hoping to venmo a nigerian prince some money. he has a great opportunity for me. cash and credit card have worked well for me. never use paypal. i get that cryptocurrency has some uses, but i do not see the benefit for the average person.
aka .75 trillion dollars.
satoshi having 1 million btc is a myth created by sergio which was quickly shown to be flawed and contradictory. here is sergio's original post - and followup where greg and others point out flaws in his research and how some of it is self contradictory here is bitmex's follow up research on the matter - >in conclusion, although there is strong evidence of a dominant miner in 2009, we think **the evidence is far less robust than many have assumed.** although a picture is worth a thousand words, sometimes pictures can be a little misleading. even if one is convinced, the evidence only supports the claim that the **dominant miner may have generated significantly less than a million bitcoin in our view. perhaps 600,000 to 700,000 bitcoin** is a better estimate. >**none of the above says much about whether the dominant miner was satoshi**, although we know satoshi mined block 9, which we have allocated to the dominant miner in our analysis. **however this is in a slope of just 11 blocks, so it’s certainly not conclusive**. whoever the dominant miner was, it is of course **possible the keys have been lost or thiscarded by now**. thus block 9 and genesis block was created by satoshi 100%, and the evidence reflects he might have mined 11 blocks at least in addition to the genesis under these assumptions . this means the evidence suggests we definitely know satoshi mined 2 blocks , and likely mined 11 blocks, and that **perhaps** there was a dominant miner who mined between 600-700k bitcoin(not blocks). **there are other explanations for the extranonce pattern that do not point to a dominant miner. simply a similar software setup can cause this.** since there was over 3 days between the genesis block being mined and block 1 and difficulty was 1 it would be safer to assume satoshi waited for other miners to start mining before joining in .
imagine he forgot his keys... oops
>meaning he will own around 5% of world economy when that happens. not bad. thats fucking terrible lol. hes just next-gen bezos at that point
if satoshi will still be alive after controlling that amount of money i will eat my words
it would not be worth that much if he started moving them or trying to sell them lol. that'll dump the price fast af.
bitcoins gonna be the “world economy” lol
it's very likely access to those bitcoin were burned because the moment they move then that could signal uncertainty as a software. theres only a handful(genuinely less than 100) of btc that he actually owns from mining for personal use satoshi was completely selfless in making bitcoin free for everyone
a few years ago i was on holiday in vietnam and somewhere near sapa a guide was taking us on a tour of the valley up slopes and through patches of forest and fields. at one point we came across a farmer and a herd of 3 or 4 water buffalos, he was wearing a ragged blue overall, no shoes and was missing more than a few teeth. but in his hand he held a shiny clean smartphone. it was such a bizarre sight, it really stuck with me.
*bitrefill enters the chat*
i remember encountering this when i visited romania in 2008ish. you would text your carrier something like phone number +25 and it would remove 25 minutes from your account and add it to theirs. first and last time i have ever bought weed using 30 minutes of talk time on orange's network.
yeah was in nigeria for 2 years back in 2012 and everyone had a phone, if you were a bit richer you had a black berry. but it was not very hard to get.
that is so interesting! do you have any good articles or anything you can point me to (on the minutes trading thing)?
in before someone creates a bitcoin denominated cash and coins that are backed by bitcoin.
can i buy one with thin air money?
it seems like you do not approve of printed money but in the same sentence you're explaining why it is useful.
this got a good lol from me. good job.
even beggars in china used qr code since 2018.
smartphones are excellent propoganda devices, too. subsithised local networks from the west can implement software on the phones and block or remove access to certain groups via certain apps. put phones in the hands of these people and they can be nudged to think in certain ways about certain situations and in regards to certain ideologies.
sending bitcoin via lightning network is a bitcoin transaction.
you can use an open dime to do just that securely.
for sure but it is a feature that can be handy between trusted parties or in specific rare situations like inheritance.
i didn’t like that either lol
it is like a fleshlight but his brother instead
there’s a limit to how much cash you can physically carry . also the inconvenience of walking around with it your whole life for that perfect moment to give it, whereas you can just memorize your keys and it won’t be a burden to walk with that.
one problem with cash is you can’t send it digitally
... that guy lost his shirt . jusskiddin
digital cash... quick, write that down!
this is one of those tihngs that gives me a design and engineering nerd boner. watching the ecosystem mature at lightning speed (sic) to maximize choice and flexibility is a thing to behold.
no you can’t, because that requires a trusted oracle arbitrating a thispute, at which point you might as well use fucking paypal. think about it, you buy a drink on a beach bar, pay for it with lightning and then get a glass of water… how is a fucking smart contract of any use here in a he said, she said situation? same thing with buying used cars or whatever.
since when has bitcoin been able to support smart contracts?
no, you can’t. not having charge backs was literally the point of the nakamoto paper.
didn’t know that. is it used frequently
no you cannot actually. you need a person to decide if a chargeback is legit or not.
only on a layer 2 network which would defeats to purpose of bitcoins intended purpose. the whole concept of bitcoin was that theoretically nobody has the ability to reverse an confirmed transaction, and that all transactions are logged and verified by peers. by using a platform that runs on top of the original bitcoin network you give up all the protections and guarantees bitcoin offered and venture into the realm of a typical banking system.
what? the bitcoin network does not have smart contract capabilities.
ok, but using a cc protects the consumer using btc
you mean all the redditor comments that tell people to initiate chargebacks when people complain about services? chargebacks are specifically for fraud. you can read credit card t&cs. they do not say that if you're unsatisfied you should initiate chargebacks.
sure, but fraud is already a crime that is prosecuted so no change needed there.
just to expand on this, merchants are also charged . it’s super frustrating. online subscription businesses like mine get really fucked by thisputes, tons of people just straight up lie claiming they canceled a subscription when they were just took lazy to just cancel in a dashboard or email support.
pretty sure that was a lightning network transaction, which is near instant and the transaction fee is less than .01.
i mean multiple wallets is a thing. in the end just tell them your broke, and they have no way of figuring it out. if they were going to kill it isn’t going to change a thing.
can't read, not signing up
this is how mpesa and mobile money work. basically, there are 'human atms.' in a previous iteration, you'd buy scratch cards from a shop (who would buy in bulk, at a thiscount). you'd pay for the scratch card with cash, then add it to your account over ussd.
im guessing that they dont know its lightning network, ln transactions happen in an instant
even without ln it does not take two days to validate, but the fees are high. ln for lower fees, or just use an accepted cheap to send crypto. the irony is that places like the us have a decent number of people adopting it for trading, for studying the tech, for grifting and get rich quick, but it is the rural world that is been adopting it for real use... same thing for censorship resistant crypto projects. it's simply not as dangerous in the usa (though obviously there are still limits) so other places the anonymous crypto, the decentralized cloud storage for songs and videos and information and chat, are really really important.
lightning network settles instantly, whereas a normal bank transfer takes several days. since bitcoin has liquidity in any currency pair you can simply live trade it at each end point and the net effect is that you move dollars more quickly then they could ever move in the traditional banking system
exactly. these people are stupid. that's like payment with one extra step. bitcoin folks acting like they smart. they just making life hard.
please enlighten us as to how that will happen in el salvador?
inflation is noticeable if you do any sort of budgeting and just compare your annual expenses. the problem is that americans spend money so blindly. it is not that it is not noticeable. americans just have a massive tolerance for losing money. edit: however, if the us dollar always had some number next to it telling you how much it is worth compared to some other reference like bitcoin is, it would be a very different story.
> the last month bitcoin is at the same price it was six months ago.
yes i do. edit: why spend time in a bitcoin subreddit if you’re just going to be a dick about it?
chinese version of venmo.
wepay is a credit card alternative. no crypto.
i mean…some of them most definitely take cash app
they care about being able to store their wealth somehow that is preferably out of a corrupt government's reach.
they care if they cannot send money to their families without being raped on bank transfer fees.
underdeveloped countries tend to have higher rates of shenanigans like rapid debasement, capital controls or poor private property rights. that's what decentralization resolves
shes cares alot more than most if she lives in a country with hyperinflation like venezuela.
yes, when she cannot withdraw it from a bank.
who’s making 10 dollars an hour? that’s american wages
i'm sure they care that the value of their money loses value every single year to pay for the us government's bloated budget though.
she cares when the usd 15k she saved under her mattress working her whole life is now worth 10% because a foreign government has been printing it like monopoly money for decades.
depends on where you're from but im pretty sure that there are no taxes on btc in el salvador
yes, one goes up for 10 years, the other down. you need to get glasses if you can only focus on near term movements.
people like you loves to think stupidly and one-sided. government said that will facilitate btc. and if they do not, at that time lot of exchanges, online and offline, will accept lightning payments. think outside of the box, or tell us that you cannot afford to live in a world where they dont think like you.
you can put it into savings account
yeah like if you save money and invest it somewhere, inflation is a bitch. but when you get a paycheck and go to the shop to buy food, it has no effect on your buying power. btc fluctuation on the other hand... like this is what is going to be the major blocker for btc to become widespreadly used. for general use, a stable currency that slowly loses value over years is just more practical than a currency which' value depends on what time of the day it is.
interesting how you found this sub while eating inflation propaganda like cupcakes. inflation has been 10% for ~~a~~2 decades.
you should look up hyperinflation in the weimar republic. and zimbabwe's inflation rate. quite the western-centric view you're offering here. also, you're focused on yearly rate. bitcoin is up way higher than that, on average, over the last decade. how's fiat by comparison?
sure. but it’s just an option. the vendor could also decide to hold the best performing asset of the last decade.
not really. satoshi designed the system in a clever way. the system lowers difficulty to mine and supply stays similar. in fact, the price will drop temporarily due to... (see my earlier answer here)
[actually if they stop mining it will explode](
scarcity is not the driving factor on bitcoin it is how many people are clapping to keep tinkerbell alive that influences the price
‘extinct’ means they are already nonexistent (same as death but as a species). not to take away from your overall point but it’s ‘endangered’.
lighting is not a central authority whatsoever. it is a non-custodial peer to peer network just like the base layer.
you can google 'el salvador unbanked' for plenty of resources, but it was most recently stated by the president of el salvador when he announced that bitcoin would be legal tender there. you might find the reference here:
no. not at all. paypal is intrinsically tied to the traditional banking system. it cannot make international payments without going through that system.
except 100 times less fee. so just like cash, free to make tx.
no. how the fuck is this like paypal?
doesn't matter either way because strike is not required to use ln.
this is not a base layer transaction. this is the lightning network.
you just outed yourself so badly. honestly just look into ln. it's not a public ledger.
i'd go even further and say i cannot wait until 1 sat = 1 sat and 1 btc = 1 btc!
dude, its like 1 dollar = 100 cents. how do you pay for something that is 15 cents?
no, satoshis are the core unit in the bitcoin network. 100,000,000 satoshis make up on bitcoin. it's like the cent to the dollar. to add to that, lightning network supports millisats, so 100,000,000,000s of a bitcoin.
no, you do not need to cash in a bitcoin for sats, it is always made of them and you just send how many you need. it does not work like notes and coins that need change, it is digital
no, you dont need to exchange them if you own any bitcoin that means you already have sats, on most wallets if you want to send somebody sats you just enter ,000032 btc or just 3,100 sats.
cents make up a dollar, satoshis make up a bitcoin
you're obv trolling, but ... wrong. no need to cash into satoshis, because 1 btc is already 100mio satoshis.
just dont hold your whole stack in your lightning wallet.
> violent crime is rampant in el salvador same murder rate as baltimore. > in 2012 the homicide rate peaked so you do actually know that it has been trending down for 25 years then? unlike baltimore.
i tend to live in 3rd world countries. a bank account is not necessarily as useful as a phone and the internet. phones are super accessible now, you can get smartphones for under , a basic data plan is only a few dollars per month
dude phones and data plans are ridiculously cheap in most of the world. it’s only “western” countries that get raped on phone prices. there are actually more people with mobile phones in the world than people with computers. in many countries (philippines, for example), facebook is the internet, because everyone has a mobile phone but not a computer.
live in a caribbean country. yep, everyone has a phone and will get some internet, even maybe a couple of them will pay for a mobile hotspot for all of them to use. and there is a big chance most of those informal sellers do not have credit cards or bank accounts.
obviously i’m not saying that, that isn’t even true in developed, wealthy nations.
i am not sure. we used to think the internet and email were too complicated too right? maybe you should not arrogantly (two r's bud) assume that the people of latin america are too stupid to understand how technology works?
ln is amazing, you actually pay much less fees than normal its usually around 1 satoshi per transaction
yes, there are things to worry about if you are trying to run your own lightning nodes. it's early still so right now the best economic path to using lightning is through a provider like strike who does all the worrying for you. as it evolves you'll be able to venture out on your own more safely.
strike, one of the apps being used there allows users to send and receive . if people do not want to they do not have to expose themselves to the volatility of bitcoin. although generally the volatility is positive over a few years...
1 to a few sats.
ah, that is the mistake, this is not about helping bitcoin, it is about helping people. bitcoin is a payment network and software, only nerds like us get excited about it. for everyone else, they just have an app that gives them banking and cheap payments.
exchange for *earn it*. they've already boot-strapped a bitcoin economy.
research it! it’s what they use down there. it’s pretty fee less…... there are subs all about it. do a bit of research pal.
how long ago it was? there is that "new" bech32 address format, but that was introduced already in 2017, so any decent wallet nowadays should support it.
it's very low indeed, any modern lightning-compatible wallet would do the trick: [ (personally i use breez wallet) as an exchange they use [ which is one of the few user-friendly exchange that is compatible with lightning. agreed coinbase is shit, expensive fees and does not support latest technologies.
i don’t think you understand the purpose for the blocking of bitcoins transactions and the ability for a bitcoin to be of value to use with the the same purpose of anything that’s used as a means to trade value. the block chains transaction history is only needed to be able to mine the entire 21,000,0000 units which are going to be the point at which bitcoin will no longer need the transactions to be blocked and recorded from that point on because the purpose that the block chains transaction history serves is as the means by which the entire supply can be created and put into circulation. when the entire supply is in circulation then there would be absolutely no useful nature for the recording of transactions because the purpose of recorder the transactions is give individuals and incense to participate in the creation of the full supply by way rewarding the validation of prior additions of transaction blocks which are added to its history with those individuals who are running their computers to verify previous transactions being rewarded for their work to make sure that the creation of new coin is weighted against a physical structure which will never be able to be altered. the validation of blocks comes first which provides true in the creation of the supply because you can use the history to show the units were being able to gain value out of the trust in the supply’s finite amount which will never be able to be changed to more than 21,000,000 because the block chain will no longer process transactions when all 21,000,000 are in circulation since the only purple of blocking the transactions is to create new units to reward individuals for verification of the process to ensure the trust in the unit to begin with. when the full supply is accounted for all the trust has been accomplished and any of the 21 million bitcoin‘s that are broken up in the circulation ken can be relied upon by those individuals who hold them and trade them to be something that has an actual valuation that was what made its use as currency as rock solid as the fact that the use of gold to pin value against has been as consistent as it has for 5,000 years. the value of gold comes from its finite supply which is only able to be made from the collision of stars which result in the creation of dust deposits that we mined out by humans. there is no way for any humans to manipulate the supply of gold because there is no way that we could possibly ever be able to facilitate the collision of something which is out of our ability to control such as two objects the size of the sun colliding to create the particles that will gather in the planets that are fused together from the amount of energy the collision causes in the creation of planets which would contain the gold deposits
there are subs dedicated to it! it’s what they use down there and it’s pretty much fee less! there’s are sub dedicated to it at the top of the page
read the top yellow sticky at the top of this post !
read the top sticky comment!
fair enough! the sticky post literally at the top will answer your questions
lightning network doesn’t charge 10% buddy! it’s like fractions of a penny! that’s what ln does.
and i quote, “ while bitcoin transactions currently cost around , transactions using the lightning network cost around one satoshi, equivalent to a fraction of one cent. lighting can be used for smaller payments – the minimum is 0.00000001 btc, or one satoshi.”
cash cannot do this:
people who have been banned from such services, or who live in countries where such services are not offered, or wish to send money to... those are just a few examples that barely scratch the surface. people who have lived in 1st world western countries with easily accessible financial services usually have difficulty wrapping their head around why all this stuff is so important. that's okay... this probably is not for you anyways.
you obviously know nothing of btc!
no you just go around running your mouth on subjects you know nothing about.
all of those other systems rely on the user having an actual bank account - which millions of people do not.
its because you arent using lightning network to use it you need to download a ln wallet, also you can use ln to transfer between wallets but you need to be using a ln wallet and the one you're sending to also has to be ln
again not everyone has access to pre-paid debit cards. i'm pretty sure you still need a bank to load one of those up in the first place! point is, the easy things you're talking about are not there, now there is a new option.
banking in the sense of savings and deposits, and balance transfers. you can create your own savings accounts and checking. they can receive remittances from relatives abroad and set up online businesses. it does not do mortgages, but it does all the usual services that physical paper notes cannot do.
yeah, i think the point is ease of transactions with bitcoin. which has been a huge argument against bitcoin. the claims being once you have it, transactions are difficult and cumbersome therefore it’s useless. i don’t own bc but i’m surprised by all the animosity against it.
bitcoin is aiming to be a global money that is why decentralisation is a core principle in the crypto space. [andreas antonopoulos]( has a lot of great talks.
sounds like a shitty system. cannot understand why the banks have not just got together to create an instant money transfer app in the us.
what you're describing as "price inflation" should be thought of as "price volatility", which is to say that the price of bitcoin compared to usd goes up and down a lot. this is true and nobody is denying that. however, we could *also argue* that the price of usd compared to bitcoin goes up and down a lot! in fact, [usd has fallen somewhere around 98% over 10 years compared to btc!]( ouch!! but i digress. yes, it is not ideal for an asset to fluctuate in value rapidly. however it is to be expected given that the asset is completely new and revolutionary (revolutionary in the sense that bitcoin is the first instance of 'digital scarcity' that humanity has ever known). bitcoin's price volatility is likely to continue for quite some time, in part because it is still growing rapidly, and also because we all insist on comparing it to the us dollar, which also fluctuates compared to other assets. contrast this with **monetary inflation**. we know that there will only ever be 21 million bitcoins in existence. i can provide you with a very precise estimate of how many bitcoin will exist in the year 2072 because the monetary supply is algorithmically controlled. but, how many *us dollars* will exist 5 or 10 years from now? we already know that supply was arbitrarily increased by ~500% over the past year, but how many dollars will exist in a decade? the simple fact is that *nobody has a clue*, except to say that it is very likely to be "more than today". if i had , and since then there are now 9 additional dollars in existence for every dollar i have in savings, does that mean my , or less? in summary, "price inflation" is to be expected for emerging new asset classes, whereas "monetary inflation" of fiat currencies is political, arbitrary and unpredictable.
i think they have some btm's there so they can switch the us dollar to bitcoin or vice versa without a bank account and i recently heard in a tweet there is more btm's on the way there idk if your call of more custodial than non is true or not but if it is ill guess it may be because non custodial is slightly harder to use 'right now' and i think the custodial services go for user ease
>where are these in person cash bitcoin exchanges you speak of? how much liquidity do they have? there are many people in latin american countries who stand in city centers doing cash exchanges on a private basis. i do not know about el salvador's current environment. maybe you can ask someone who actually lives there! >why do custodial wallets greatly outnumber non-custodial in terms of userbase if people do not want a centralized service that can freeze your funds at any moment? assuming your claim is even true, and that your claim will remain perpetually true (both claims are easily debatable), i assume it is the age-old question of why people tend to prefer convenience over security? i do not know! but the fact is that people have a choice about whether they wish to be in control of their own money or not.
bitcoin does not need such severe consumer protection because it is a push payment system rather than a pull payment system. i've never had a debit card that did not have fraud protection because it is absolutely necessary due to the nature of pull payment systems. sorry to say that i'm skipping most of your semantical and subjective arguments. i just do not have time to thissect this completely but hopefully you will find other people here who will engage with your longform commentary. i do not think you should interpret my suggestion to stick around and continue the thiscussion as 'condescending', but i stand by my point that the vast majority of commenters in this thread do not have a clue what money actually is. all you need to do is scroll down for plenty of evidence of that.
dang you slapped the dude here with so much logic. good points here. i think crypto has a huge future, but it is important to stay objective.
> it's a form of consumer protection. i choose to use a system that does not reward scammers and punish merchants.
when they print money thats theft...before 1971 the world followed a gold standard so idk how they survived without all the protections your talking about but maybe they were more responsible people?
bitcoin is worldwide so 'average' person is probably a lot more than what most of us think not even to mention bitcoins protection against inflation which many more ill guess are or will be interested in
thanks for the provided sources.
yeah, that’s sort of the dream; to replace usd as a decentralised world reserve currency. technically it is actually very possible. the network can easily store any amount of value, in a *highly* secure way. it’s all just numbers; money is abstract. *socially* we don’t know how that will pan out, as per your “lol”. it’s a fair “lol”.
the shiny clean smartphone could be a "refurbished" one. my sister and her boyfriend sell phones like this. they buy broken phones and repair or scrap them for parts, then replace battery, glass screen and back cover ordered from china. phones look brand new, and sell for very cheap. mobile data is also very accessible. the smallest package is 500mb.5usd
that's very true about south american people! 😂 they love technology.
i have 1 phone and am in the states...expensive here
orange. man, that got me through so much during my time in europe. was awesome.
here you go... [kenyan example ]( edit: does not actually mention minutes, but i believe the m-pesa was launched as a result of similar trading for phone call credit iirc
lol. gov keeps stating they will increase taxes to pay for the spending. why the hell don’t they just print more money!? hell, in the past year they’ve already introduced over 30% of all dollars in circulation. they love to steal from the american people and call it things like “qe.” inflation is a form of robbery. we might all still have the same salary, but when inflation raises the costs of goods and services we use, our salary can afford less and less. inflation has already spiked significantly since the first stimulus check. true that many actually need the money, however, with each dollar printed from thin air, comes increased inflation, more serious consequences in the future, and the economy just keeps spiraling downward. this gross printing of our currency is a global issue since many foreign economies are backed by our fiat dollar. our kids will be impacted even more than us. yet, gerome powell, and all the hot garbage water politicians have the odacity to tell us that there’s “no need to be alarmed, inflation is transitory.” meaning, it is like them stabbing your carotid artery and saying, “no need to be alarmed, the pain is temporary.” they’re actively destroying the economy, tell us it’s a good thing for us, and most people eat it right up. they make us a sandwich, we take a bite of it, but it tastes like shit. you look down only to learn they took your bread away. a shit sandwhich without the bread. awesome!
thanks my purpose for today is fulfilled! lol
china has begging? i thought that was illegal there or they house them.
how does the person who receives an open dime *know* it has the funds on it without using it?
talking about inheritance. fcuk the current process of inheritance.
i was going to say this. opendime is basically a fillable usb piggy bank. you can give it to someone. then they use a pin to pop out part of the circuit board. then you can withdraw from it. if the user experience were smoother, i think it would be a great way to get family.
i only have silicone brothers
memorize your private keys, this guy's a genius
> whereas you can just memorize your keys i kind of doubt that the average person can memorize one key, let alone multiples. you also should not really ever type them in anywhere, so this does not really solve anything, you still want to carry a hardware key around with you, and that can still be stolen or lost.
plus in a lot of places they are making it harder and harder to pay with cash, especially large amounts. over here in belgium for example, you're only allowed to pay a maximum of €3000 in cash, which is completely ridiculous imo. and since the beginning of the pandemic, a lot of stores have tried to push people to pay as much as possible by card, some even blankly refusing any cash at all.
1m in 100's fits in a carry-on.
if your cash value fluctuated every few seconds in your pocket and you had to pay transaction fees to open channels with other people. spot on.
the statement “you can code the ability to chargeback as a smart contract” is true, yes you can do that. you’re arguing “why would you bother doing that” and i agree that there is zero incentive to allow for the ability to reverse a transaction as the person thispensing the goods. chargebacks do not require a trusted oracle, they require an agreed upon mechanism. my credit card has a “no questions asked” automated chargeback system, and the cost is absorbed by the fees the merchants pay.
he’s just using fancy words to pump the value of his thin air coin back up. none of this is impressive or new. someone paid with a qr code. wow. what year is this? 2007?
a lightning channel is literally a bitcoin smart-contract transaction.
the point of the paper was to avoid double spending. which is not the same thing as charge backs.
sadly no, the adoption is quite underwhelming. some have tried to build applications on top of the lightning network but i did not find an actual live one. i guess the difficulty i had to find a proper documentation and general information surrounding the lightning network is one of the reasons why there is no real adoption.
no, it is not built for it.
you’re confusing charbacks with double spends. you could do chargebacks on layer 1 too if you code it. and no layer 2 doesn’t transform bitcoin into the traditional banking system, that’s a misconception spread by short sellers.
well not being able to charge back is a good thing, makes the consumer more responsible at least for in person transactions
no prob here’s an excerpt: “…three robbers thisguised as police entered the victim's home in drenthe and attacked him with a drill in front of his four-year-old daughter…the hour-long ordeal also involved the victim being threatened with firearms, before the perpetrators fled in an escape vehicle.”
got it brother 🤙
can you explain a bit more? i have sent bitcoin before but it usually takes around 10 minutes. in my country, the bank transfer is as fast as shown in the video and cost 0 fee and it has been so for at least 5 years which is why bitcoin is still not applicable here. i also do not understand who did the usd to bitcoin and bitcoin to usd conversion here.
now try sending 20 dollars to someone in europe and have them instantly receive the equivalent value in euros. you simply cannot do this with current banking infrastructure, but if the value is sent as bitcoin via lightning network and live traded in and out of the currency pairs, you can send your friend in europe money instantly
except they don’t have to pay taxes on the transaction when you use cashapp and other similar services, they keep a track of how much money you’ve sent to each person, and if it’s over a certain amount, you get a tax form in the mail at the end of the year
thanks for the answer. upon reading more of their services, it is not feeless, it was my mistake to assume so.
his point still stands, your 10.
no, this is completely inaccurate because you're failing to understand the fact that ln is **noncustodial** which means that no third party can shut down your account or seize your funds. the only catch is if you're using a custodial ln wallet which is completely optional and increasingly rare.
the ones that have not gotten their accounts suspended because they have not found out yet, sure.
i wish. those platforms are not private, and you'll get your account closed because some puritanical nutjob thinks that controlling your money will stop you doing that. and he will be right if you use those platforms. i'll choose the platform that has privacy built right in thanks.
or told they will not be permitted to ‘due to security concerns’.
nah, it is better if they lose 15% of their money in a week like exactly what happened to btc this week.
a lot of countries besides the us provide free way to use bank transfer options. india for example has a concept of upi payments. instant and free bank to bank transactions. pretty sure china and some countries in the eu have cheap if not free instant transfers.
people do not get it here. they are so ignorant lol.
is there sales tax in el salvador?
ahhh as a business owner the near term kinda matters lol
what on earth is your point? comparing the absolute worst case scenario of one currency to the baseline of another, and then comparing the best case scenario that is unlikely to happen again to the baseline of the other? like these are some **incredibly** biased comparisons. on average, your regular dollar is very stable and would not change much, making it predictable. meanwhile btc... who the fuck knows. a loaf of bread at the shop could be worth , . that is thr comparison we should be looking at because that is how an average person is going to actually practically see the currency.
i do not love the fed either, but i do not really think the us has much to do with post-war germany. edit: or zimbabwe.
its not like that poor vendor needs to buy food or anything else...most people in third world country dont have the luxury to hold on to their money...
vendors typically have suppliers + staff to pay. i cannot see any situation where an established business (especially one in a third world country) would want to accept such a volatile asset. i cannot actually think of a single benefit of the transaction happening in the video for the person selling the goods.
\*rolls eyes\* most businesses do not *hodl* for 10 years. money goes in and money goes out. if you take a deposit for a job and a month later you are down 25-50%, you can go bankrupt. stop saying your slot machine is an asset. it's not. it's a slot machine rich people are comfortable playing.
>it's good because you cannot print money out of nowhere. tell this tehter and all the "synthetic" bitcoins in people exchange wallets
printing money "out of nowhere" is not only normal, but also necessary element of any stable and controlled economy. it can be abused and misused, but so can be everything.
i mean, i do this with paypal.
you’re right more like venmo! lol jk jk
i scan your qr code and send you money. no fees. instantly. no delay, ever. and it is currency that you can immediately use everywhere else.
great analogy. i thought the bitcoin was the cent not the dollar and the numerical key was associated with the cent. i obviously am late to the game and need to get learned on this a bit more.
i bet someone will make a scam coin called satoshis if they havent already and trick people into thinking they should trade their btc for fake sats.
i wish i was smart enough to be trolling. i would have a lot more money right now. just learning. is there an article or reference that you can point me to to understand a bit better.
this. it's common sense to just hold about a weeks worth of your btc on your phone
in order to use the app you need either a wallet or a banking account. payments in el salvador were never an issue as most people are underbanked and use fiat and to use this you would need to have it stored somewhere. if you are poor as most people over there this wouldn’t save the banking aspect of it because just in the time the law was passed bitcoin has dropped 25 percent. if you are in the other side you already have a credit card and current payment systems are fine over there.
if anything they went the wrong this an instead of using bitcoin they should had adopted a stable coin who value doesn’t fluctuate to use as a legal tender. the current lawsuit that’s the “opposition” filed will most likely be a away for president to escape this law that right now is heavily thisliked as a mandatory payment
and for my personals investments in cryptocurrency, what should i use in your opinion
sorry, i don’t think you understand the basic technicality of bitcoin. i suggest you start on the whitepaper, since it is better explained that what i can and i don’t want to limit your learning experience. to understand the importance of miners i suggest proof-of-work section (4). when you say after mining the whole supply miners stop, this is wrong and you can clearly see this in section 6 (hint: transaction fees). also, a limited supply with no demand has no scarcity, and demand will come from the usefulness of something. besides this we need the public ledger for honest money, or we will have more of the same system where only ordinary people can be held accountable.
they don’t get it and never will!
paypal only requires a balance in the account, similar to bitcoin i would assume. i can’t speak for venmo as i don’t use it but i would imagine it is similar as well.
oh that seems super limiting but i did not know that. guess im stuck with it on my exchange.
no you don’t need a bank for prepaid. if they have access to a smartphone, they have access to prepaid card.
banking is a safe way to store your money. bitcoin is an extremely volatile and practically insecure way to store your money, without privacy. securing a cryptocurrency wallet is wildly impractical for the vast majority of people. most people do not buy multiple hardware keys, most people do not have safes at home, and you frequently hear stories of crypto being stolen or lost because those things are common. whereas with banks, if your money was stolen, lost, etc., either your bank or the government will eat that loss and you keep all your money. that's an *incredible* utility for people that bitcoin will *never* match, even if the price did stabilize.
pardon my ignorance, but isn’t that what zelle is? or is it more similar to venmo?
yes! very dumb! i’m not sure which country you live in but every country has legacy payment systems based off of paper based processes not only that, countries payment systems aren’t even able to directly communicate with each other. that’s how visa and silvergate make $$, by writing networks that enable communication between payment systems. banks haven’t just gotten together because of the significant amount of regulation and lack of motivation. that’s why this space is truly exciting.
> what you're describing as "price inflation" should be thought of as "price volatility", which is to say that the price of bitcoin compared to usd goes up and down a lot. this is true and nobody is denying that. however, we could > also argue > that the price of usd compared to bitcoin goes up and down a lot! in fact, > usd has fallen somewhere around 98% over 10 years compared to btc! > ouch!! but i digress. you could argue that, but it would be inaccurate and extremely thisingenuous. the difference between the two is that when you compare the two's value to a lot of points of comparison it is clear that usd has been relatively stable over the last year, while btc has had swings of 10s to 100s of percent. for example if i want to buy a ~, and even if i'm overseas and need to exchange currency the rate is unlikely to swing wildly in most major currencies. if i want to buy a ~-2 usd equivalent whether i'm buying it at 8am, 12pm, or 6pm today. > if i had , and since then there are now 9 additional dollars in existence for every dollar i have in savings, does that mean my , or less? first off, it is not actually true that the money supply has increased by 10x, and i'm not sure where you got that statistic. whether you're looking at m0, m1, or m2 the supply of usd has increased significantly but it is not anywhere near a 10x increase. the answer to this is "it depends on the economic conditions", because as you may have noticed the price of everything has not doubled or tripled in the last year. prices have gone up, but that is largely due to supply constraints, not monetary policy... > in summary, "price inflation" is to be expected for emerging new asset classes, whereas "monetary inflation" of fiat currencies is political, arbitrary and unpredictable. which kinda brings me to this point, which is that it is not "political, arbitrary and unpredictable", and most inflation indicators like price indexes are a result of economic factors, not politics. monetary policy is generally in *response* to these things, and generally tries to stabilize the system, not push inflation up drastically.
bitcoin's price inflation is inherently dangerous since bitcoins is deflationary in its nature. governments realised a deflationary currency completely ruin investments and economic growth a long time ago.
the world gdp is like
the real reason apple is against right to repair. they do not want to poors to use their phones.
as american was aurprised when traveling overseas h9w far ahead rest of world is with cell phones usage. remote places and everyone seems to have a cell.unlimited internet, calls, sim swapping into phones w 2 lines. us is so so so far behind. rather laughable considering most here like to say usa! usa! we the bestest. mmmmm not reallly we are behind in many regards.
yet my carrier charges
el salvador is not south american
imo the us is very iphone centric where most other places don’t have as much brand loyalty to apple which can lower phone cost substantially
kenyan here. you are correct. m-pesa probably the largest mobile money system in the world came to be this way. air time became a currency where folks would trade their air time and use it to buy stuff. eventually m-pesa was born.
😂🤣😂i can’t🤣😂🤣👏🏿👏🏿i am feeling great now. thanks for the laugh👍🏿👍🏿
lightning network is just a secondary layer of the bitcoin network. for all intents and purposes, it is an extension of the bitcoin network.
this is "via the bitcoin network". it has all the guarantees of the bitcoin blockchain. you mean performing an on-chain transaction. choose your words carefully to avoid confusion.
you can plug it in a computer to verify the money is on there (simple usb) then if you want to spend the funds you have to destroy a part of the device (it’s made easy enough) and then when you plug it you can access the private key and do whatever you want with it. you can also easily identify if it’s been tempered with.
you could just give the key to your kids and tell them it is an insurance policy for the family in case anything goes really wrong in their lives or their childrends lives or their grand children's lives. no one would even know they have the key. if their government bans bitcoin, or if they find themselves in a situation like syria where they have to flee with nothing they can still walk to another country and cash out their insurance policy once it is safe. even after a war where everything is destroyed, when they eventually find some way out they can pay pirates to smuggle them out in submarines in bitcoin. things like that are why i believe it has utility. these are extreme cases but exteme things happen all the time.
it's the same thing actually. two guys who share a fleshlight. needless to say, trust is very important...
he’s got a point though - you could destroy your paper copy when you were on the move and you and your siblings would still know it. in a refugee situation
soooo, pay with card? why carry physical cash anyways? is carrying a usb full of bitcoin a better solution? lmao this is all so, unimpressive tbh.
exactly my point. 1. you need a carry on with you at all times. 2. you were limited to .
you're right, let us call it "digital cash with different features than physical cash because of the differences between physically holding cash vs. storing it on a blockchain and different costs, strengths and inconveniences that result from these differences" (tm). much better, just rolls off the tongue.
chargebacks are ultimately absorbed by the merchant. you really think credit card companies are eating those charges?
thanks for link! much appreciated! it’s awesome that taproot will add in more time based enhancements to ln transactions as well.
making transactions irreversible was literally in the abstract. come on people, and least read the text if you’re going to be religious fanatics about this thing.
charge backs enable double spending.
spoken as a shill.
sure but what if you buy something and find it to be faulty and. you would simply be sol
so tax evasion? i'm all for this being the future, but governments still exist and need money to run.
after educating myself, the outcome is still the same.
fair, though there is nothing inherent about fiat that protects it from that. the us dollar specifically is more stable because of the us position in the world economy, but looking at lebanon, syria, venezuela, and some other examples, sometimes your 10 becoming 8 the next week is a thing that happens. i personally do not want to wait for shit to hit the fan in the us to use crypto, it will be too late. my 10 might be worth 8 in a week, but it is more likely that my 10 will, on average, increase in value long term and recover from the 8. edit: in any case, the concern for 10 becoming 8 is only serious if you put all your money in bitcoin, which i do not advise. unless you have a big purchase coming, i think it will not be a problem, because the recovery from 8 will most likely happen.
how does that relate to businesses who got paid in crypto 12 months ago?
would you like to have an actual thiscussion about inflation? because i’d be more than happy to. the us dollar has not inflated “maybe 1%” it’s inflated roughly 35% in the past year. i could go through m0, m1, and m2 charts with you until the cows come home, the numbers don’t lie. the us is printing money at a never before seen rate, and it’s not going to slow. where do you think the 9 trillion dollar budget for next year comes from? printing and devaluing the currency. you’re looking at bitcoin like a stock. in a country, sell in bitcoin, do everything in bitcoin, why does it matter what the us is doing? yes import and export and all that, but here’s the problem. the us dollar cannot deflate back to pre inflation levels. it would collapse the economy. so it will always continue to inflate. bitcoin cannot inflate and is always deflating. there is a fixed supply. bitcoin is fundamentally better money and in the short term it may not seem like it from a strictly conversion ratio viewpoint, but the us dollar is dying, it may not die in the next 5 years or even 10 years but it is dying. every policy that is put in place to print more money can essentially never be undone, not fully, so the value will always decrease. that’s just value in relation to itself. bitcoins value in relation to itself is always increasing. here’s the thing. you can do whatever you want. you can believe whatever you want to believe. you can shill the usd until the cows come home. that’s your right as a human being. so idc if i convince you or not. that’s not why i’m here.
99x increase in seven years though.
> instant and free bank to bank transactions. and if you want to donate to a hong kong democracy organization?
my point is you're completely focused on one version of fiat and saying it is better than usd...which you can barely argue, for now. short term thinking. incredibly biased? says the guy arguing using only one form of fiat who gets triggered with other examples where it went horribly wrong. btc is volatile for many reasons, just like other fiat outside of your one example. it sounds like you have a problem with change haha. also, you obviously have a very small world view. do you realize there is a huge bubble with wood right now because of the covid bs? or that depreciating assets like vehicles just gained value after you put miles on them? so much for your previous fiat and "stability" of bread.
i'm pretty sure the majority of the post has to do with el salvador. it'll work out great for 3rd world and by the time the west gets it is shit together, we'll have better options available for more stable forms of crypto.
crypto is a lifeline for some poor vendors:
not to mention because of article 7 of the legislature as long as they have the technology vendors are forced to accept bitcoin as a payment method. it isn’t even an option for them. the government is basically forcing its people to invest in something that could be very bad for them
bitcoin is nothing like paypal.
this sounds exactly like my debit card (uk), but i just swipe a card reader instead of qr code
but the seller cannot use those funds right away and you can recall payments.
late? it's all relative. 9.
high five me too. cash app has a setting to change all the currency from bitcoin to satoshis. setting that helped me understand how we would really use the coin since the value of one is so high now.
if you have a dollar do you need to trade that into cents before you make a small purchase?
they have adopted the $. strike, the lightning payment app allows users to send and receive . the salvadorian government is pooling bitcoin and . they are using bitcoin as a network and giving the option to use sats as a currency. the nation will benefit from the use of the network to send and receive , at the same time as reaping the benefits of upgrades to the network, which come from all over the world.
ok i don’t wanna be rude or anything like that guy but i literally just explained to you the mining process. to mine bitcoin is the process of participating in the thistribution of the block chains records of transactions by way of allowing the lent work to utilize your computers processing power to be able to calculate the cryptographic verification of each of the blocks of transactions that were able to be added into the permanent chains history of transactions which were validated as the new addition of transactions which is done by way of calculating the hash that the new block is showing which requires the previously verified blocks to hash to be able to divide or multiply some number pattern that that would take a human being two years to calculate in order to achieve some number that is expected in the pattern to to allow the network to submit its transactions into the public ledger. the incentive for individuals to participate in the networks transactions verification is the what mining refers to because the verification of a new block in the chain results in a reward to the system whose resources were able to verify its authenticity. bitcoin mining is no longer possible when the supply has reached 21,000,000 there will be nothing left to mine thus the use of the block chain as a public ledger with which the continued transaction blocking will no longer be necessary in order to ensure that the creation of new bitcoin to circulation we i’ll be of no real use in determining the value of each unit and can be used of the block chain for trades because of the fact that all possible coins have been mined and the value of the currency as a whole will be in its existence as a finite supply. now that’s not to say that the bitcoin network won’t keep the running ledger which publicizes the transactions which take place via the
yep! this is the future! just do some research! all the answers are here in plain sight! you just need to put a little time in. listen to the what bitcoin did podcast, follow it, listen to it.
true. maybe they will get it when they will get their bank account banned or when their currency eventually hyperinflates. but it will be too late.
paypal also requires you to not be an innocent citizen of a bad^tm country.
pretty sure you're trolling.
that's only true for you, not other people.
not ignorant, you’re right. zelle was created by chase, bofa, us bank, pnc etc im not familiar with rix but the problem with zelle is it’s not public to anyone to interface with. the reason why internet became so popular was because of http open, public, protocols
sweden. all banks got together and created a free instant payment systems between them for up to €10,000 a day which pretty every single citizen uses nowadays.
> it is clear that usd has been relatively stable over the last year the usd has lost 99% of its value vs bitcoin in seven years.
but it reduces wasteful spending and allows people who need resources to access them. in an infinite world infinite inflation is definitely good. but we are realising in the recent decades that the earth is not infinite.
you're referring to the bogeyman known as the "deflationary death spiral" but it does not really apply to bitcoin. besides, given that the us dollar has lost approximately 97% of its purchasing power over the past century due to inflation, perhaps deflation is not what you should be concerned about.
-do you know what wastes energy? war. -do you know what funds war? inflation. fixes wastefulness by making war unaffordable.
1971 usa went off the gold standard because they couldnt afford the vietnam war
oh sorry i thought you were referring to the value of satoshis bitcoin currently
i think whoever said “economy” originally in this little thread simply misspoke.
huh. kind of like how purse manufacturers and shoe and clothing manufactures will destroy unsold products. it aligns with the image they want their products associated with.
nah they just want to milk the fan boys out of their hard earned money
you have fucked up situation with lobbying. i could not believe data cap is a thing for cable internet in usa. vietnam stopped capping landline data after we upgraded from dial-up to adsl, well over a decade ago. usa is not the only fucked up place thou. australia is still installing new copper line instead of fiber optic for their "national broadband network".
can confirm, canadian here with .
i hate companies that force loyalty... just let me use the tech. and let me live
or you could just say more expensive, volatile digital cash.
there's not a 100% guarantee the credit card companies can get that money back. most cases, yes, the company goes after the merchant and gets their funds back, but if the merchant has, for example, ceased trading and are a llc (uk law, not sure what the equivalent would be elsewhere) they would not be able to retrieve the funds.
first line of the abstract: > a purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.
chargeback is not the same thing as transaction reversal. it only means that you can get your money back if certain conditions are met. with bitcoins, this would be done using a second transaction published onto the blockchain, not with a reversal of an irreversible transaction indeed. using taproot, it will be even easier than today to make a transaction output available to the goods seller after a given number of blocks, while it would be available to the buyer until this number of blocks has been reached. of course, it is likely that more elaborate scenarios would be used, maybe involving a trusted third-party. another nice thing with taproot is that all this (chargeback capabilities, use of a third-party or not) can be implemented without being visible by outsiders on the blockchain until this capability is effectively used.
>on of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. no they do not. the charge back is not a transaction being reverted. instead, a charge back on a smart contract would mean that there is an initial transaction into the smart contract and another transaction out of the smart contract executed based on the logic of the smart contract. no transaction gets reverted at any point.
not really, you guys just don’t run businesses. the consumer and business need equal protections. balance of power.
you ask for a refund and if denied you make a review letting people know how bad x business is
yes. don't deal with shady people.
it’s not the perfect solution but far better than playing god as the consumer.
yes. i will definitely be using this in the future. when i thisagree with laws, i do my best to circumvent them. i pay taxes when i receive my income, and i pay taxes when i buy stuff. i shouldn’t have to pay taxes to give, especially if those taxes don’t even grant me healthcare
when the privileged over speak...
i do not think most sane people are saying to put 100% of money in bitcoin, but a lot of anti-usd comments make it sound like that though. what i've always emphasized is stick to a budgeting plan, and if your plan tells you to put , its fine if you want to allocate 10% or even a little higher to crypto. the other 90% can still go into traditional etfs. the problem is this sub seems to have a bunch of newcomers who do not even have basic finances down--they are in debt massively or have close to zero savings. they come in here thinking that crypto is their savior and will make them 100x richer, and that having .
> bitcoin is not private at all. lightning transactions are onion routed silly sausage. you need to update your script.
i'm pretty sure even if those orgs are donated crypto, they would need to pay crypto to fiat conversion fees, which balances international bank transfer fees
why not trade directly using them, why even use bitcoin?
lol, shadowstats? ok bud. that's basically a conspiracy theory website by one dude. try harder.
inflation has been pretty stable in el salvador, too, at least for the last 30 years: the post also had to do with transacting in bitcoin, today. transacting in bitcoin is silly right now.
how is payment protection a bad thing? if someone stole my card i would get it all refunded. if someone stole your wallet, you're fucked.
if it survives the lawsuit. with the current unpopularity as it was kinda forced on people in the heat of the moment with no slow adoption the president is probably looking for a way out.
whatsapp payments are more adopted than strike as most people with phones use that currently. i go there a lot and most options are dollars, pay with whatsapp or just credit card.
again… section 6 of the white paper, it’s pretty short, probably as long as your message that takes less than a minute to read. mining does continue, but it feeds of transactions fees, as the subsidy is no longer available.
not sure where you are getting this information. i have personally exchanged paypal with people in vietnam, many european and asian countries, and south america.
why? do you know how i can get it off my exchange without paying high fees?
that’s awesome here in the states closest thing we have is zelle, but still a larger issue is we can’t zelle money to rix and vice versa. that’s the ultimate goal of a connected commerce
that's a mischaracterization at best. in economic terms for something to "lose value" then it is buying power or worth needs to go down. while you can set arbitrary benchmarks like this, they are a funny joke at best and actively deceptive at worst. what's happened is that the value of bitcoin has gone up, but the value of the us dollar has not changed all that much by most measures.
> you're referring to the bogeyman known as the "deflationary death spiral" but it does not really apply to bitcoin. yes, it does. i'm not worried about a steadily kept inflation because it means economic growth will almost certainly be happening. deflation on the other hand is catastrophic for society.
smart contract stablecoins will prove to be far superior as mediums of exchange. bitcoin maxis know this which is why the btc narrative pivoted to sov “digital gold.”
do you know what war is good for? absolutely nothing
do you know what wastes energy? bitcoins. normally energy waste is not people's biggest problem with war...
gucci and louis vuitton burn the products they do not sell at the end of the season to maximize demand and ensure they would not be sold cheaper.
it could be both reasons. milk them fanboys and maintain the elite image. i'm pretty sure majority of the people who buy apple products buy them for the prestige they bring.
yeah we like to follow the bullshit america does closely, i fucken hate it.
a decade ago? incredible. ive heard that vietnam us making great strides in advancement so doesnt really surprise me.
yea i'm in the midwest in the u.s. and pay .
much appreciated!! bitcoin price is down today but i am so bullish about bitcoin and it’s innovations!
>completely non-reversible transactions are not really possible, since financial institutions cannotavoid mediating thisputes. the cost of mediation increases transaction costs, limiting theminimum practical transaction size and cutting off the possibility for small casual transactions,and there is a broader cost in the loss of ability to make non-reversible payments for non-reversible services. with the possibility of reversal, the need for trust spreads. merchants mustbe wary of their customers, hassling them for more information than they would otherwise need.a certain percentage of fraud is accepted as unavoidable.
sorry, i meant intro. the second sentence calls for completely irreversible transactions. so yes, that was a major point of the paper.
and that second transaction requires the participation of both parties. that’s not how chargebacks work.
“trusted third party” literally the entire point of bitcoin is to avoid the need for trusted third parties.
keep pumping your ponzi coin lmao.
and never get your money back in the process...
i think that’s an overstatement, if you issue a chargeback then you have to be able to provide proof or defend against proof provided, otherwise your card issuer will bring fraud charges. you seem to think every consumer is abusing chargebacks with impunity
you don’t have to in most countries…
refute the comment then. you would not have any good points against what u.
by your logic everyone who sold any asset for dollars has gotten absolutely fucked. not a real way to think about commerce. bitcoin may go down temporarily but the dollar only goes down. the dollar has lost 5% over a year "officially" and bitcoin gained 200%
> fucked i get paid. i buy something. it's irrelevant what medium i used. the one that is private is the one for me thanks. > reamed you should see what the us dollar is like as a store of value compared to bitcoin then! if i had kept my money in the bank instead of in my bitcoin wallet, think of how much value i would have lost? since i started doing this in 2014, the us dollar losses are eye-watering. it's lost about 99% of its value.
in relation to itself bitcoin’s value will always go up. it is a fixed supply asset. therefore it does not inflate but rather deflates. the usd inflates as more dollars are printed, this process is reversible only to a point, thus this currency is inflationary. you keep talking about performance like bitcoin is a fucking stock. money is a communication tool that communicates value across time and space. the usd and bitcoin both do this. they are both money. the usd is not as effective of a communication method because its supply is not fixed, therefore its value fluctuates in relation to itself. communicating the value of a usd across space is fine, not great, but across time it’s terrible. look at 20 years ago vs now. when communicating what a dollar will be worth in the future the only certainty is that it will be worth less than it is now. bitcoin has a fixed supply. as a communication method it is arguable if it is actually better than the dollar across space or if it’s about the same. but across time bitcoin is not going to be “worth less” in relation to itself because it cannot be infinitely created. idk how else i can explain money to you, but your smug, sarcastic, and sciolist responses indicate you have a very tenuous grasp on the nature of money, economics, and markets. you don’t have to agree with me about bitcoin, but being a flippant cunt just makes you look like a fool. engage in actual debate if you have actual points to make, otherwise shut your mouth while adults are talking. edit: bitcoin’s value remains flat technically speaking, but as coins are burned it does increase in value relative to its total stock.
you hit nail on the head with this one exponential growth in value is completely sustainable.
because they are not currency, they are derivatives. that lose value at the same rate as fiat. who would want that?
living in delusions is easy when you reject arguments at will
that is just mumbojumbo from someone that does not understand what they are reading.
i get your point. i'll say that just because inflation is stable does not mean it is necessary or even the best option. as early adopters, they are going to have to deal with volatility but in the long run, they will be ahead. case in point, look at how much more stable the euro is because there are multiple countries's economies behind the currency. now extrapolate that to the entire world that uses a decentralized currency.
in the uk sure, but most el-salvadorians do not have bank accounts. there's lots of apps like monzo, venmo, alipay and so on, but most people do not have access to those. lightning is a way to get international banking by just downloading an app.
yet you refuse to articulate it. "google it" is not a valid argument.
the are all archived too so start a bit in the past and just listen , listen , listen! educate yourself, it’s the best thing you can do for your future! learn learn learn….
*weimar germany, zimbabwe, hungary, yugoslavia, peru, argentina, venezuela and 14 others have entered chat.*
that's quite stupid and shortsighted. "bitcoin maxis" generally do not have an issue with stablecoins, especially if they are hosted on bitcoin's sidechains. you can actually send stablecoins over lightning network for example. you're also making the dumb, yet very common mistake that "store of value" and "medium of exchange" are mutually exclusive. this is a total myth being perpetuated by shitcoiners. moreover, stablecoins will still be subject to arbitrary inflation by central banks, so that argument is really quite silly.
lol possibly mankinds latest greatest invention and you call it a waste of energy
> do you know what wastes energy? you know who wastes energy? you.
you cant print up more gold whenever you want and same with bitcoin also roman empire fell after they started inflating their currency by cutting little peices off of each coin so they could make more...basically robbing there people
allowing charge backs for a limited period through smart contracts is not incompatible with transactions being irreversible after that.
absolutely not, it the first transaction embodies the possibility of a chargeback. if it does not, i think we all agree that a chargeback cannot happen. note that the same is true with your credit card: chargebacks are possible because they have been allowed by the credit card company in your and the merchant's contracts.
of course, you do not need it. but it does not prevent you from using one if both parts of the transaction want to, especially when smart contracts allow one or the other party to spend the transaction output. if i was a seller and was offering the possibility of a chargeback to my buyers, i would certainly opt to do so using an arbitration service with a good reputation which would be in charge of evaluating the buyer's claims should we thisagree. and that would of course cost me money and be factored into the goods selling price. the beauty of smart contracts is that i could do so while also ensuring that the third-party cannot do anything else but make the coins output available to the buyer during a certain time if the buyer filled a (signed) request and their claims are deemed legit while not being able to spend them themselves or lock the money in the absence of a thispute. as a seller, the coins would be available to me automatically after the time allowed to settle a thispute after the transaction has elapsed, and nobody (buyer or arbiter) can then prevent me from using the funds.
i run two businesses that do quarter million a year. a large number of chargebacks are fraudulent. most come from our online sales because the user is ‘anonymous’ almost never from our retail stores. a lot of chargebacks come from consumers that buy things they don’t need and realize after the purchase they do not want it. i would say majority come from this.
customers stealing from small business
you do in the us
it's not a good point to begin with so you're somewhat right...
have you even watched jack mallers presentation at bitcoin 2021 conf? in the video he has explained why conventional money transfer methods are a problem. if you consider yourself so intelligent, then please do watch and then come back here to argue.
lol. you do not want to hold cash on you all the time, it can be stolen, lost , or destroyed. people in el salvador do not have easy access to bank accounts, which you need to transfer digital money. they use btc to effect the transfer. it cannot happen without btc. simple enough?
can someone explain how the stimulus cheques affect inflation at all? they are not printed money. that money was always in the budget.
but was not the whole point you want to avoid that? i am so confused.
the euro is not more stable! the fact that so many thistinct countries used it almost culminated its thissolution during the [sovereign debt crisis](
the ones that are eating out buying groceries and doing stuff in public like this do have bank accounts. this would not work for someone selling coconuts on the side of the road, bags of milk, yuca chips, selling stuff on the beach at el tunco. paper money for stuff like that will always win out.
poor people don’t have the luxury to drive to bitcoin beach as this is the only place that’s had any level of training to have a meal out when they can go next door to a neighborhood pupusaria that’s selling out of their house.
it’s explained enough so you can contribute with your own reading skills. no one will be able to explain bitcoin better than the creator itself. that’s why i use the whitepaper as reference, most likely if you google about it you will end misinformed as the previous person or believing lighting coin is bitcoin.
yes, it is incompatible. show me the math of how you would do that.
services. ex. veterinary services. you cannot get anything "back" from the customer. charge backs are total bullshit and a form of "payment" by scum of the earth bottom feeders.
do you not do returns? why would they not just return the item? it’s shit that happens to your business though.
> i run two businesses that do quarter million a year. x% = amount of money lost by charge-backs. raise prices by roundup(x)%. -qed
then you are running your businesses improperly. the .15 for tracking and delivery photos more than pays for itself. insurance on that, too. do you not have a complaint response system? i get no charge backs, because i respond to customer emails. lack of complaint before chargeback is a defense. lie about you income more, though.
not in the vast majority of cases
if they don’t have access to bank accounts how do they even go and buy btc in the first place to use for these transactions. like the guy said it converts the btc into usd it has to go somewhere and that would be a bank account
[ the official bls site good enough to refute your bs numbers? maybe your only expense is food? lucky you. people that sold their house a few years ago are fucked according to your definition. so inflation does seem to matter.
the us revenue in fy20 was 3.42 trillion, spending was 6.55 trillion. budgeted deficit was 1.08 trillion, actual deficit was 3.42 trillion, 2.34 trillion higher than budget. budget anticipated 3.71 trillion in revenue and 4.79 trillion in spending. the three separate covid related spending acts which included stimulus checks cost about 2 trillion dollars. the money was not budgeted for. it was pulled out of the air. edit: i would recommend looking at m0, m1, and m2 supply charts to see this visually, as well the us debt to gdp charts.
i’ll give you that, go up was incorrect. remain the same is more correct. however everything else that i said backs up my point. i have nothing further to say to you if you refuse to engage in any sort of debate. so far you’ve provided no argument at all, just that bitcoin bad and i’m apparently an idiot. so this really isn’t a thiscussion, just you being a cunt online for no good reason.
avoid using fiat. you can store crypto in stablecoins if you want to. most people do not since they do not see problem in fluctuating value that goes up.
you're talking about the micro, i'm talking about the macro. what do you think would have happened to the countries that are the cause of this debt crisis?
ah, the divine creator. the only pure source of enlightenment.
well, continuous repetitive trauma does that to people.
00:13 to 00:20 is how i’ve been feeling for a few weeks now :)
i feel nothing. my heart is now as empty as the space between those perfectly outlined eyebrows. it's been a hard 5 years with those 0.0003btc of mine.
accurate. the only way to find peace in crypto is to just stop caring and let the ride happen. thats why the addage about not investing more than you can afford to lose is so important, its the core component of crypto zen
~~cedar point sandusky ohio, awesome park!~~ i stand corrected, dorney park
this is why the most dangerous part of roller coasters is some dumbass dropping their phone on your face at 100mph
exactly im bored come on do something
this guy should be a jet fighter or an astronaut or something. he handled g force like a champ!
must be an inner city paramedic.
i'm so long on bitcoin that i want it to dip to four figures so i can buy more before the next halving...i'm also probably retarded
rofl! that’s about right
put your phone away you douche! imagine catching an iphone travelling at 50 mph right to the face.
he was on dominator at one point too. the side that drops you.
one is not a lonely number, its it the first number, do not forget.
only 4 more days until pay day
seriously, i'm so numb to the swings that if it is not moving one way or another it gets boring.
people's faces when their shitcoin becomes worthless after thinking it will reach
this is what rides were like for me at disneyland before my meds. bipolar sucks.
well, no shit that is how they feel because their cost basis are well under . this is not a flex of how committed someone is to btc. this is just a flex of how some people will have well over 1000% return even if btc drops back down to sub .
idk looks like depression to me
bert from sesame street?
"i had fun once. it was awful!"
looks like dorney park!
is this guy have facial paralysis or something?
probably looks like that because he saw his portfolio drop %60 and the fear of death is not even enough to shake him out of his state of being wrecked.
china tried to destroy bitcoin just to raise its cryptocurrency, and now it is trying its best to export its digital yuan to the world to become a world economy, but it has not yet realized that cryptocurrency means decentralized and he will never succeed in cryptocurrency socity a good day is coming soon☘🚀
the whole crypto market is basically action park in nj (where i reside) in the 80’s and 90’s if your not familiar with it google it. place was dangerous af now called mountain creek it’s a ski resort and an “amusement” water park in the summer. they were doing good until the water slide burned down! recently. lmao uhhh almost had it 💸
been calling this for ages and ya tunnel vision noobs kept hating.
never play poker against this man... unless your goal is lose everything... like by investing in bitcoin 🤣🤣💀💀... jk✌️
plot-twist he’s actually blind
i wonder why do people even care about money so much. your money is in crypto because it was sitting idle anyways so does it even matter where it goes in a month or 2. do people seriously think by panic selling just on time they will make a huge impact in their lives.
all the way back down to "up 10x over the last year"
i know steel force when i see it. dorney park baby!
roller coaster is my life.
but he was not holding the handle bar on the roller coaster...
me holding since 2015 watching gme and amc.
lol. look at his face
thus guys like ehh quarter mill left the portfolio what can ya do...
lmao thanks for posting this brightens me up
i dont even care anymore
lolol that last one though
guys!!!! i cannot buy anymore because i already unloaded last dip!
that is one dead person inside... cool!
can’t touch us vets lol. we seen all this before. and we know the upsides are always awesome. even if they’re quick lol.
holy shit it is dorney park!
now i miss cedar point
matt jackson called, he wants his no-sell expression back
i look at my losses and internally i die, then i look at the price of bitcoin and my retard brain says it’s a great time to buy! it’s been a nice time averaging down lol
after checking the charts and hopping on reddit, im proud to say this has made my day
that guy's good. my friends and i always try to look as bored as possible on thrill rides when they take your picture. it's not always easy.
doesn’t look like he finds it fun anymore though
that guy fucking looks like krown from krown's crypto cave.
shaq would have gotten decapitated on that first ride
cracked me up so hard 🤣🤣🤣😅 spot on!
bro is at dorney park?
lol he is dead from inside 🤣
this looks like that thisorder where you cannot enjoy anything
little known fact: that’s also his cum face
i mean, it could be 3600.00 lol
gotta give up to him. he's so much crap that hes just like meh now lol
he uses 100x leverage just to feel something again.
ha ha ha ha this made me laugh, thank you. i'm buying more.
i bet he soiled his nickers.
bought more on sale this morning
off topic but how do you snap out of this feeling? it happened to me once and it is annoying because i feel trapped in fustration
veteran!? he was a great match to watch. :)
i'm living in a looney world. my hex is now worth half of my total profile when a month ago it was worth 10% what the hell. the other crypto better catch up i'm not complaining about hex but i figured it was the scamiest of all the coins and it is turning out to do the best right now go figure
the covid restrictions dont allow screaming on rides in my state. i imagine this is exactly what ot looms like
look how dead inside he is😂
stop fud go moon!!! hodl gang
that’s not dorney, is it?
the laughing & screaming in the background really brings this together.
bro that is cedar point! i love that place.
either way, up or down, he does not look happy.
he's at cedar point for anyone wondering
i just want it to go up near my cost basis for riot stock so i can get those sweet sweet covered call premiums each week.
my stupid brain read the title "veteran bitcoin toddler" first🤔
is this dorney park?
my boy off a perc 30
the stoneface of a steadfast hodl
when you take heroin before you go on rides.
is it just me or that first tunnel looks absolutely fucking deadly if the guy moves his head just a couple inches to the side?
how has nobody lost an arm yet in that first tunnel???
hey that is dorney park.
america’s rocking roller coast
wow. this is good for bitcoin
dude has absolutely nooo emotions , lmfao
cranking up that volume.
shoutouts to the cameraman for not once dropping the phone
that's cedar point, everything is ohio.
it’s still fun when it goes up, right?!
dorney park baby!!! great video by the way. amazing.
00:20 to 00:23 is where it is at
remain neutral to the highs and lows is how you excel
literally me whether the price is way up or way down cause i'm holding for lifeeeee bb
this is gold man 😂
reminds me of a prozac commercial
i feel like i recognize the place. is that dorney park?
hey i know where these rides are from!
i think this is what i am going to do next weekend to shake them blues
resistant depression? try fukitol.
been in since 2016. can confirm this is accurate
don't worry it is going to .
“i felt fear… for the last time.”
living with depression be like
anyone else have a normal rest of the day after losing 100k overnight?
we are all dead inside.
today’s been a fun 00:23
once you go skydiving everything else is simple
00:22, best scene. going dooown, then bump up ... and all rather uncaring. exactly.
this is dorney park in allentown, pa. great spot!
he doesn’t look like he’s frowning. he looks like he’s trying not to smile.
first ride looks extremely dangerous? like if you keep your hands up?
why is this person me on every roller coaster
veteran!? he was a very enjoyable experience.
fuck dorney park edit: and wildwater kingdom
that's my attitude toward all investments...zero fucks given.
how the fuck does he do that.
the number of people telling me it was not going to crash was truly amazing. i've sold btc three times in my life and stocks twice. i do not understand why people insist on running head first into bubbles while ignoring reality in an attempt to get rich.
lmao i'm so stupid i just got it !
depressed man who can feel no pleasure or happiness rides rollercoaster
losing profits doesn’t hurt nearly as much as “your” money.
this was much needed
man this makes me sad, i used to love amusement parks but now all i can think about is throwing up after each ride
yeah. its not stonks
it's fcking tanking 🙈🙈🙈
i've read that peppermint tea is good for bitcoin
i’ll save us. let me just throw in some 3x bitcoin shorts over on kucoin.
veteran juicer feelsstrongman clap
ohhh sorry i am more comfortable than that because i turn it all to busd🤪
should have got as as the price came down to what you purchased at. pretty much what i did.
i'm just along for the ride eh
if it could keep crashing until i get paid would be super helpful for me
six flags great america?
hey repping allentown, pa at dorney park!
depending on the park, this is an expensive flex... edit: personally, i think he was enjoying it way too much.
cedar point. america’s rollercoast
he seemed concerned at around 12 sec .
"i had fun... once"
this is the shit
people who take phones on rides are the worst
his only emotion was being depressed.
this guy’s got some depression
am i the only one that cringes at the sight of "hodl"
cat do not care
on the way down 00:20 the way he put his arms up with a blank face ready for a price drop lol a true hodler
i have as much invested in crypto as a hard night at the bar then eventually wandering over to the strip club and falling in love with a 38 year old woman with a c section.
oh fuck yeah bud
yo i love cedar point, best roller coaster park in the us!
we’re immune to pain now.
good ole dorney park
one of the funniest things i’ve ever seen...
would be even better if guy had his eyes closed... or even asleep... snoring... zzzzzzz ... “stack sats “... zzzzzz
dude looks like that wii sports guy
to anyone wondering this is canada’s wonderland one of my favourite places to go during the summer
is that dorney park?
that right there is a hangover and some painkillers mixed with weed lol
same….i feel nothing anymore…i’m completely numb to all this bullshit.
dorney park is fuckin lit
i'll buy all your cheap coins. lol
consequences of driving a fast car 🤣🤣
yooo i actually know where that park is. i still want to do the rides there
dammit. i laughed to much at this.
thanks to my mentor jared wesley , i bought bitcoin last week, sold this morning after waiting for the bounce as he instructed, and i am so happy i did so you can also contact him on telegram
commenting so i can come back once reddit gives me a free reward
he's flying over to china to wup some ass
of course. when been buying in at sub 10k you can stay calm.
i bought btc when it was at it is highest because that is when i came in to crypto. bought it again when it went down. then again a little when it dropped more. now i'm unsure if i'm up or down so i just have no stress in life.
he expresses how i feel waking up in the morning lol.
20k down to 10k hurt more than 60k down to 30k. so desensitized to these big swings now.
is that new mr. bean?
if you watch the video and only than read the title it gets to another level
my life right now.
oh stop it! stooooopid! i’m going to throw up!
mr bean did it first
when people think i'm too calm at work, i'm going to use this same phrase. i do not have any feelings. my heart has become as void as the space between those neatly drawn brows.
poor man is dead inside lol
that's kinda exactly how to behave at the moment
hi guys, nowadays people have forgotten or just do not know why cryptocurrencies. when satoshi nakamoto created bitcoin i do not think he did it to get rich or to make someone else rich. nowadays people approach the world of cryptocurrencies only because they think they are making easy money, they do not even know what they are throwing their money into. i believe that we should bring to light what is really behind crypto which is not making money but is an ideology. i personally believe a lot in the bytecoin (bcn) project and even if many criticize it because the price is currently low it does not matter because that is not the only factor that makes us understand if a project is good or not. bytecoin provides anonymity and privacy not to mention the fact that transactions are instant and tax-free (you can choose how many fees to pay us and also the level of anonymousness of the transaction) all these stuff are cool, what does shiba or other shitty token that other token cannot do? . when you invest, do research and not just speculation, look for life of serious projects, something that can find a future in everyday life because cryptocurrencies will be the money of the future.
i just buy every dip when i can, usually a hundo at a time. hopefully it’ll bouncy back
im a astronaut 🧑‍🚀 to the moon is shaky
mmm yeah, that’s about right.
no emotions when hodling paves the way for success
i love it! literally me for 3 months or better lately. i wake up like oh ok its down 3k? good. buy. oh its up to 36k great sell. oh its down to 31k? great, buy. but of course there are the 3 day waits in between. but that is the robinhood btc. my coinbase has been a hodle since day one. the last 6 months i feel like no emotion at all with the state its in.
such a punchable face
me 👆 since 2015... 😂
diamond hands down and up
doesn't look very happy.
only thing that excites him is his phone and cryptoe graphs
but this guy will get off the ride. china is “compelling” people to give up their btc.
🤣🤣🤣. the stare that states everything has been done on life, what else is there hahaha
that dude must’ve taken a bottle of meclizine
the crypto death stare
wait. that is not normal?
holy shit it's valley fair edit: okay psyche apparently it is not according to comments below but it has the same rollercoaster as my local park lol (same colors and everything)
lmao! this is so accurate!
not his first ride, and not our first ride, nor the last. this is a long journey friends, keep hodling
well, this is more of a journey, than a ride, but relatable
holy fucking shit this is accurate.
holy fucking shit this is accurate
it looks really funny, but it is true! at my first bear market, i was super anxious, i could not sleep. now, even though i do not think we are definitely in a bear market, i'm alright. is not that i do not feel anything, but i do not get as desperate as i did before! :)
now i get it.
he does not look very happy! lmao
maybe all of his bitcoin money went to a whole lot of drugs before he made that commercial
is this dorney park in pa??
holder is just short for bag holder
with the nose like that i bet he can smell next week
yeah... crippling credit card debt makes a person just kind of go catatonic like that... can relate
that guy's face is so ***punchable...***
this is the exact perfect wording i'm gonna now use when people say i'm too calm at work.
today’s been a fun 00:23 to 00:26
00:13 is spot on.
me poking my portfolio with a stick: “do something…”
this whole thing is how i’ve felt since i was 13
well now you haven’t taken their ccw class
oooh, mr. moneybags over here
thats like thousands of satoshis though!
this guy has a whole 3000 sats
hang in there hodler
nobody 5 years ago bought less than a dollar of btc and held it on purpose.
you mean i’m not supposed to refinance every asset i have and throw it all into one shitcoin?
go further in this direction, and you start to see that bitcoin is acting like an emotional trainer: it forces me to remember that hey, i have been through this before, no this in't that big of a deal. i can ignore the noise of the world - whether it is daily bitcoin price changes, or politics, or whatever the mob is mad about lately - and just focus on doing the best i can day to day, while knowing the future will be taken care of.
tell that to the people that got heavily invested in iron-titan
or you could be confident in your investment thesis
i know it is not cedar point, but man cedar point is so cool
if you have a camera or phone out during cedar point rides, you'll most likely get kicked out of the park iirc lol.
i actually think it is valleyfair in mn.
that’s dourney park actually
the company that owns cedar point, also owns dorney. probably why they look similar.
yup, dorney! i worked here for several years
they really should impose stricter rules and even fines for people who do this - they're gonna kill someone one day because of their negligence.
i actually know this guy, he owns a small video production company. he may have made this for some sort of promo or just to be funny, he’s hilarious.
sitting here thinking how the heck can he do it? i usually just close my eyes on big roller coasters... i think he was trying reaaaally hard towards the end, with the drop and going upside down.
he did i was thinking the same thing. and i’m not a fan of roller coasters in the physical world. i do like losing all my money and then getting back and then losing and back and lost and back !
very, very underrated comment. here take this like my man edit: sorry i forgot that’s not “appropriate” anymore meant to say “take this like my they” ***
same... i've been holding for like 6 months now
i worked as an emt at this exact park. never saw the cell phone to the face but we did have a goose fly into a guys face on the big red roller coaster at the start of this video lol
i’m struggling to think of a situation where the phone is traveling 50mph faster than anyone it could potentially hit
the real ones know🙌🏼
i'll recognize steel force and dominator anywhere!
go when you're manic. much more enjoyable.
this is no longer censored
he looks bored or dead inside. he was too much in cryptocurrency
he looks gay to me
no matter what kind of mood i'm in, that one never fails to bring a smile to my face
you could see him trying not to smile a couple times.
it’s not all that decentralised when you consider only a few hold the majority of it. i mean if crypto became mainstream the 1% would still basically own the world
it's dorney park for sure.
that was what i thought at first, but then things did not look right. then i realized at about 0:22, hey, why is the wicked twister not on the beach? oh, this is dorney park.
lol! it’s outrageous at this point ...
yeah and it is called dead inside. he is depressed from the crash
no laughing and no fun allowed. sounds like a great state to live in! you might as well go lay in your coffin.
that would also be accurate, yes
i have stabilized the video for you: it took 70 seconds to process and 54 seconds to upload. ___ ^^[&nbsp;how&nbsp;to&nbsp;use](
there is a term for this type of trauma complex ptsd c-ptsd
yeah because i’m supposed to be shitty energy bricks cleaning floors
without going back up
tv taught me how to feel now real life has no appeal
yeah, they are ! and not for nothin, china sucks wtf ! so much for decentralization it’s bullshit. we need to mine more anywhere but there!
stop it! you are making me blush
more like 30,000 sats.
oh man ! i just did that!!
best advice is to invest in a diversified portfolio and not in a highly speculative form of currency.
i mean it is cedar's sister park so it is close enough.
when i was just a wee lad, my biggest fear was being tossed out of rides. my brother was the opposite and absolutely loved them. cedar point is where i tried my first real roller coaster and i have not looked back since then, i love roller coasters now! cedar point is awesome!
i used to be a ride op back in 05, and thank christ this was before smartphones. i had to e-stop a ride once because some dope pulled out a camcorder on the lift hill. i had to then run up the lift hill specifically to yell at a grown man. the amount of anxiety i'd have about this nowadays would be overwhelming. ***don't pull your fucking cellphone out during a ride. you can severely injure somebody if you lose hold of it.***
you got me thinking, a phone to the face would suck if you were in the rear car of the dragster...
valleyfair's my home park, afraid it is dorney park as stated above.
you sure? if you go to 23 seconds in, it is look a lot like he is on power tower and in the background you can see the wicked twister, and the positioning matches [this photo of cedar point]( i could be wrong though, never been to dorney edit: it's dorney, til there is a sister park to cedar point
he based in the lehigh valley? i worked as an emt at this park for a few years
ride them enough and it is pretty easy to get desensitized. we went to cedar point in ohio on a day that it was supposed to storm but by some miracle did not, so we were just walking onto roller coasters that would have a 2 hour wait on normal days. ended up riding a couple dozen or so, and i wish i'd have just bought some pictures from earlier in the day to compare with later in the day, because we all looked exactly like this guy.
probably experience on motorcycles or fast cars.
he could be depressed
i do the same thing. it's just good mental control. just do not allow yourself to react to the ride. the reason i like carnival rides, is because the thrill factor of them being sketchy as fuck helps with the excitement, but even then i would never scream or anything on a ride.
pretty sure he “deep faked” his own face over his face but on some of them.
it's not that you used a pronoun at all, it is that the comment in general sucks.
holding for 6 years and let me tell you it only goes up from here...and then down and sometimes even more down and then up again and down and definitely up again but then also down.
well it’s more that the phone is traveling 50 mph slower than the person on the back of the roller coaster once it’s let go of…
hows this for your unthinkable situation. phone on rollercoaster. jackass on ground. phone flies off said rollercoaster into jackasses face.
i saw talon while he was on the swing. red coaster with tunnels is steel force. green coaster with pruple seats is hydra. 100 percent dorney park.
it's definitely dorney park but it definitely also threw me off at first. steel force looks like magnum, talon and hydra colors look like mantis and raptor colors, and the s&s tower looks like power tower but there is literally no lake in sight lol
i thought cedar point as well but it’s been too long!
thought the same thing.
they are basically the same park are not they?
i was about to comment the same, but the noticable lack of lake erie cements it as not cedar point. truly and bizarrely similar, even if the parks are both owned by the same company.
i miss the joys of steel force scaring the shit out of me as an 8yo.
up or down on dominator?
heh! no! nonono lol bad idea! probably...
yes i agree with you, just problem is whales. i think should whales support new people and start bullish market, else all new people exit of market and bitcoin does not not reach its goal. this market is cryptocurrencey and decentralized.
it's dorney. that first ride was the tunnel on steel force
oh, yeah. i forgot about that wording. i probably need to see a psychiatrist.
here it would be coin-ptsd
i have seriously thought about it!
lol how do you know my portfolio isn’t diverse? we’re talking about crypto here. we didn’t mention anything about stocks & property. that’s another ball game. like they say. only invest in what you can afford to lose.
are you saying that because it is owned by cedar faire? because if so, it is a huge fucking family at this point. (also rest in peace geauga lake, fuck you cedar faire)
i never knew there was a sister park, til
how did i not know cedar point had a sister park?? all these rides look identical
my sister blacked out on the millenium force, one of the best days of my life.
agreed- use your go-pros people!
if a seagull to the face on blue streak was enough to break fabio's face, i bet a phone at 120 mph would... not be pretty.
[this lady had her forehead caved in because people were throwing rocks at the villain at geauga lake. ]( max speed of villain was 59mph
same! i thought i saw wild thing & mad mouse. but they could also be in other parks too. just like the power tower.
pretty sure it’s all dorney park... they have a ride that’s very similar to wicked twister called “possessed”.
at first glance i thought cedar point also, but upon further inspection i think it is dorney park. i thought that the roller coaster with the tunnel was magnum and the one with the green track was raptor. also drew the parallel between power tower and wicked twister. the color scheme of the "raptor" coaster is wrong though, as that coaster has bright green harnesses. turns out that dorney park has a coaster called hydra with the purple harnesses. also a "power tower" called dominator and a "wicked twister called possessed. both parks are owned by cedar fair, so makes sense that there are similarities.
i really thought it was cedar point too. if you pause at 20 seconds though you can see the appalachian mountains in the background which means dorney.
that’s definitely dorney. he’s on steel force, hydra, and the crazy mouse…the free fall ride is dominator. i live like 15 min from there so the scenery is all too familiar.
i used to go to dorney park every day of the summer as a kid and it is. cedar point and dorney are owned by the same company, though, which is why they look so similar.
thought so too with the magnum tunnels and a few other things. but that is not wicked twister, it only has a twist on one spike and not both. also you'd see the beach also cedar point has not had a wild mouse since wildcat got canned around 10 years ago
i’m pretty sure it’s out of macungie. i haven’t been to dorney since the dominator was a fairly new attraction. i drive past it 5 days a week, i’ll have to go again some time.
yeah your r edit: thought you were theeeeee dirtysanchez i’ve been waiting for. weirdo
sounds like my ex riding me.
the phone is going the same speed as the people on the back of the car, minus small drag effects.
rollercoasters are fenced off, people would not be under you.
green coaster could also be raptor, i saw what could be wicked twister, he was on power tower or some other version... i have not been there recently enough so i cannot comment on tunnels. edit: just looked it up and you're definitely right: i saw the wild mouse sign, which does not exist at cedar point. they used to have wild cat, but i think it is gone. also i learned dorney park is owned by cedar fair, so that makes sense why they would have some of the same rides
wait a minute, did they just duplicate all these rides at another park? i was at cedar point last week and swore that was it. i know cedar point is one of like 20 parks...
cedar fair owns both parks
always thinking the tunnel would decapitate me every time
i'll never forget how scared i was, and then immediately going back to do it again with my dad. what a day
i miss having my clothes stolen :o
up is for kids, down is for men. lol
that’s one possibility but it seems more likely at some point a lot of the whales will sell off all of it and decimate the value of crypto. i mean people like elon musk make a single tweet and the value changes drastically, it’s akin to market manipulation and could make them hundreds of millions, but also kind of destroy a lot of different crypto currencies.
all the best kevin!
ya i mean that is knowledge i had back like 15 years ago when i was kid so lots changed but i assume it was still owned by them. i live next to dorney so been there a lot and one year we went on vacation to cedar and there are a lot of similarities.
cedar fair owns like 7 parks.
i think they both had snoopy camp grounds at the time. (just a bunch of snoopy themed kiddy rides.)
that's my all time favorite. haha i feel ya there!
this is so weird, i totally thought it was valley fair too! i hadn’t ever considered that there could be multiple parks with the same ride lol. isn’t vf owned by cedar fair? that name sounds familiar.
well, they are both owned by the same parent company, so the assumption is a valid one
fair enough! good catch
jesus fucking christ you're unfunny and unoriginal. keep trying tho, you'll come up with something good if you try hard enough.
“small drag effects?” lol. you mean it stops accelerating and decelerating wildly like everything else in the roller coaster suddenly?
ugh…i give up. youre right. its wicked smart and horribly safe to use your cellphone on a fucking rollercoaster. what was i thinking?
the green on the coaster looks super similar. i've never been to cedar so i had to look up the raptor.
i back the cedar point. i see wicked twister. first coaster was magnum. power tower was there. even the old wild cat coaster was in this video even though it’s been torn down.
they also own valley fair in mn, which the power tower shot made me think it was there at first (the coaster in the background that just goes up and spirals). but then i realized there is only one coaster that actually goes upside down there. must have the same exact rides across a few of their parks. they used the prebuilt designs in roller coaster tycoon.
what you see is possessed, essentially a clone, although one tower does not twist
yes, damn elon and china
i must have the absolute most boring life on the planet i smile when i walk to the mailbox if you can't smile on a roller coaster or something definitely wrong with you
uninspired ride names? music playing so loudly you can barely hear the person next to you? must be cedar faire! the price for a day at cedar point is through the roof nowadays, too. hotel prices, too. disney is almost cheaper at this point.
no, you just do not understand basic physics.
check my edit and look at dorney park website. they literally have a demon drop, "dominator" which is power tower, hydra which is painted similar to raptor, possessed which is a wicked twister, and steel force that is red and shares some similarities to magnum in overall look.
wild cat is still at dorney. the second tell is splash mountain from the swings.
oh ya we just went last year and i agree, prices are crazy. i know if you do season pass and just bring your own food and eat at the pavilion (if that is still a thing) then it is not so bad but that is if you go alot.
>small drag effects. as opposed to you who took phys 101 and has it all figured out lol. have you been on a roller coaster before numbnuts? as soon as something leaves your hand it’s going to go flying away. hell, have you stuck your hand outside of a car window? if i chuck an apple out of a speeding car it doesn’t just float next to the car, dipass.
well i’ll be damned. that’s so similar. cedar park’s owner owns a lot of parks around the country.
yea, but as far as i know, pavilions are still only outside the gates. can't drag food into the park like you used to be able to.
yea physics 1 is about all you need to realize youre wrong
right, so what do you think happens when: two cars are driving at 60 mph, about 5 car lengths apart. i drop a watermelon out the back window of the front car. do you think: 1. the watermelon of course immediately splatters the windshield of the car behind it. or 2. the watermelon just kind of slowly collides with the vehicle behind it due to “drag” because it just slowly decelerates from the 60 mph and doesn’t do much . basic moron test for you here.
i do not really wanna go explaining more situations here to you. think about the phone on the roller coaster. if you drop it, it is immediately being effected by gravity. all it has to do is drop, at most, 5 feet and it has dropped below the plane that everyone is traveling on. that takes .5s. the phone is not losing any significant velocity in that amount of time.
brilliant i love it
i'm going to take a moment to talk about nfts since i see people in here talking and arguing about them. nfts have some actual use cases, but what people are currently doing with them on altcoin platforms is not one of them. below i will explain how the nfts on altcoin platforms work on a technical level and i will explain why they probably wont even exist in 10 years. i will also explain why some of these nfts are selling for such high prices. many of those nfts that were sold for crazy high prices were not actually sold to other people. the person who bought those expensive nfts is often the same person who minted the nft in the first place. i will explain how whales can easily own very expensive rare nfts for very little cost. they can just mint an nft and sell it to them self for ,000 worth of etһ. they will only lose the small percentage that the nft marketplace takes and now they own a super rare nft worth һ because they sold the nft to them self. and there is a small chance that they might be able to to sell that worthless nft to some fool who believes that it is actually valuable. doing this also entices more newbies to mint nfts in the hopes of getting rich. some people are now using flash loans to borrow large amounts of etһ so that they can purchase their own nfts for extremely high prices and then they pay back the flash loan all in the same block. here is another example that can be done. you can mint an nft and sell it to yourself for , then put it up for sale and buy it from yourself again for , and sell it to yourself another time for . now you can put this appreciating nft up for sale and try to sell it to some fool who sees it keeps getting sold for more and thinks that it must be valuable. have you seen celebrities buying nfts like jpegs of bored apes for hundreds of thousands of dollars? platforms like moonpay are paying those celebrities to claim that they bought those nfts. those celebrities did not really pay anything for those nfts. those celebrities actually got paid for receiving those nfts. you can often look at the blockchain and see that the etһ that was used to buy the nft came directly from a platform like moonpay, as is the case with the bored ape nfts that post malone recently "bought for +" the current nfts are useful for something. these nfts are a useful tool for laundering illegally acquired cryptocurrency. criminals can shift around their ill gotten crypto between different tokens, mint an nft, and purchase their own nft with their dirty crypto. now they have cleaned their dirty crypto and they also own a rare nft that is supposedly worth a lot of money. i mean just look at how much it sold for! it costs anywhere from -+ to mint an nft on etһereum depending on the current gas fees and where you mint it. so they are [hyping shitcoiners]( and nfts are doing a great job of that at the moment. people are spending millions of dollars worth of etһereum minting nfts hoping to hit the nft lottery and get rich. **all these nft tokens being sold on etһereum right now either point to a url on the internet, or an ipfs hash. in most circumstances they reference an ipfs gateway on the internet run by the same startup that sold the nft. that url also is not the media. that url is a json metadata file.** the owners of the servers have no obligation to continue storing the media. now let us take a look at a couple of real nfts and see how they work on a technical level. this nft token is for this json file hosted directly on nifty's servers as shown below: that file refers to the actual media that was "bought." which in this case is hosted by cloudinary cdn, which is served by nifty's servers again. so if nifty goes bust, this token is now worthless. it refers to nothing and this cannot be changed. now we'll take a look at the ,346,250 beeple, sold by christies. it's so expensive. surely it is not centralized, right? wrong, it is pointless: that nft token refers directly to an ipfs hash. we can take that ipfs hash and fetch the json metadata using a public gateway: so well done for referring to ipfs, it references the specific file rather than a url that might break! **but** the metadata links to: this is an ipfs gateway run by the same nft minting startup which will go bust one day. you might say "*just refer to the ipfs hash in both places!*" but ipfs only serves files as long as a node in the ipfs network **intentionally** keeps hosting it. which means when the startup who sold you the nft goes bust, the files will probably vanish from ipfs too. [this is already happening.]( there are already [nfts with ipfs resources that are no longer hosted anywhere.]( and just pinning the file on your own ipfs node also wont work because the metadata file generally points to a specific http ipfs gateway url and not the ipfs hash. this means that when the gateway operator goes bust, i can buy the domain and start serving dick pics lol right now nft's are built on an absolute house of cards constructed by the people selling them, and it is likely that every nft sold on etһereum so far will be broken within a decade. this creates a pretty solid exit plan for makersplace if they run into financial problems. the people who own the these useless nfts "worth" millions of dollars are going to be pretty motivated to buy the site or fund it. or someone can buy the bankrupt startup domains and start charging nft owners to serve their files.
i cant wait till these nfts go to 0 as real use case nfts start being made and used.
don’t you mean a doom wad
i've been "in" bitcoin for years, i understand it, i like it. but nfts? those i do not understand
it's missing the part where i mint my own nft with the screenshot of the nft. what a joke!
this is just peak comedy
where can you play this?
you've made my day
the real meta thing to do would be to mint a playthrough as an nft!
take nfts, print them on cardboard coins, bring back pogs
why not just use the nft directly ? the data is available, that is a feature, nft is not a copy protection scheme
nfts are a scam and you can’t change my mind
as if anyone would want a fucking monkey or pixel trash
yeah but the final boss is a level based on the louvre and the mona lisa does not die no matter how many times you take a pic.
lmaoo, im fucking dying
this is one of the funniest things i've seen in 2021.
… this is definitely what zuckerburg envisioned in that diatribe a month or two ago.
every time this is played a neuron dies.
people can be relentless in making fun of things they do not understand. the exact same thing happened to bitcoin in the early days.
😂😂😂 i love it
my gawd that’s brilliant
nft printer go brrrr
nft are not the pixel. nft are the link to the pixel. you do not own the artwork.
why is this on the bitcoin subreddit. fucking stupid ass nft’s coming into our sub now.
why is it always a monkey picture?
isn't this inaccurate because each nft would have to be unique? thus it is propagating the idea that "these are dumb because they are not even unique." they are dumb, but that is not why. and also the concept of an nft is silly because it requires an oracle to determine the truth of ownership so proves the idea that ownership is still determined by a judge.
bro victor chaos told me these are the future.
you know they like it when you do that?
someone should make the game an nft. nft inception.
a poor idiot i know who lives with his mom just sold some "rare" one for 50k. he is freaking out and reinvesting it all
nfts spotted...doom music intensifies
awesome idea !! love it !!!
but how can you sell those screenshots to someone thinking they are nft's
what's stopping me from using the same pictures as another nft to make the same nft?
this is incredible i love it 😍
omg is this amazing
reddit hates nfts more than anything on earth and i am 100% here for it. how much free money did you losers get on christmas eve via ?
lmao i’m into crypto and love the crossover. ps nfts as they are are fucking stupid
this is almost the most beautiful thing in the world.
please do not post epileptic videos
one day, all your government docs will be nfts
love it, nft’s are going to be massive 🤩
if someone able to compromise the blockchain, does that mean crypto is dead...?
disney making their own nfts is enough for me to see
this should be flagged as off topic... how are nft posts allowed on r?
someone should mint your comment as an nft
thank you. this is the best description of nfts i have ever seen. i learned a lot by reading. thank you again for taking the time to type that up.
great writeup for those who do not do their own research, well done and thank you!!
this is the dot com bubble all over again lmao
all i got from that is nfts are made up and not worth a shred of what they claim to be worth. so, exactly how i thought of them before, rich person fraud like with art.
i kind of hate how nfts and crypto have become synonymous with the general public, and they’ve just never been the same level of value to me.
problem is that nfts are so broad of a term that is not very useable. comparing a jpeg photo, a smart contract liquidity position and a playable card in a game and saying they are all the same does not make any sense
> it costs anywhere from -+ to mint an nft on etһereum depending on the current gas fees and where you mint it. why?
man this post was written so well, if i did not know any better, i would have thought i wrote it myself. some more information that debunks a lot of myths and misconceptions about nfts and just how useful or useless they can be can be found in a recent post we wrote here --
> nfts have some actual use cases, but what people are currently doing with them on altcoin platforms is not one of them. could one of those "actual use cases" be something like a deed to a house or a stock certificate?
i'm not exactly sure how the tax law works in the us. but if they sell it to themselves for 100k and then some "lucky crypto investors" buys it from them at an incredible 90% thiscount for just 10k, does not that mean they have a 90k loss on the books they can use to compensate gains on other trades. i'm not asking because i want to use this as i live in a country that has no capital gains tax anyway. just curious if there is something to my suspicion.
not in thisagreement for any of your point, but just wanted to state that moonpay is an onramp for buying nfts with a credit or debit card on opensea. so a purchase will appear to originate from moonpay wallets even if the buyer used their own money via a debit card. not saying celebs aren’t lying but they could be using their own money through moonpay. especially if they aren’t crypto literate.
this guy made a pirate bay for nfts and talks a lot about how ridiculous they are.
amazing and insightful comment. well done
holy shit, this makes a lot of sence and answers many of my questions! anyway, my friend is an artist and i find nfts a very good thing for monetising your talent
i thought the point of nfts was that they were hosted on ethereum itself and permanently on the blockchain but obviously not. i know storage on eth is super expensive so i guess that is why? but is not it stored on eth forever if you do it that way? or you still have to pay per mb for storage or something?i guess i do not understand how eth stores thugs other than transactions so if someone could explain that, that would probably help!
> the current nfts are useful for something something what? i honestly do not see how nfts are better than just having one server holding all that data. are you going to make dns decentralized next?
what's annoying is that most people learning about nft's only consider your examples, which is only the tip of the iceberg. nft's are here to stay, but not the way you describe
you aren’t completely wrong but you also aren’t close to right. if pumping a pfp project in price was easy, all of them would be successful. yet 95+%fail. nft collectibles will continue to grow and be the way new brands are launched.
this description even if true in some ways is very limited and very negative. you only show one side of the coin. the one you do not like bro. there are a lot of uses for nfts. don't look at an nft as if it was a picture, nobody cares about the picture. see it as it was a key because that is the way it has to be seen. nfts are keys that open doors, either access to a dao, either access some services, you can stake them to access rewards or private sales for some other content. there is a truck load of things yet to thiscover. also, nfts are a new way for companies to start businesses owning their own liquidity and having each nft holder as a shareholder in that company. so obviously some clever people are using nfts to do some arbitrage and crazy stuff to evade taxes or to lure some dudes but it is absolutely not the core of what an nft is used for. it is not deviant at all, people that use it badly are the deviant ones. this technology is here to stay weather you want it or not. face it bro
nfts are just the extension of thought that bitcoins artificial scarcity giving it value, taken to the logical extreme.
check stacks nft its anchored on bitcoin
also want to add a huge usecase you did not mention. nft's are actually awesome for the gaming industry. for example fortnite skins, those can be nft's so people actually own their skins and can sell them to other people. theres already an emergence of crypto gaming with nft's but in its current state it needs some aaa companies to give the industry a boost as the games are pretty lack luster in terms of graphics and game play
this is spot on. thanks for the write up. only nfts that are decentralized should be worth anything
love it. what are your thoughts on the inclusion in video games? seeing so much hate around ubisoft for the currently unreleased and still in beta quartz platform. i feel like it is so misplaced - currently when buying in game cosmetics, those items thisappear once a new iterations of the game occur, nft sounds. considering games are usually developed on a similar engine with publishers it would be easy for them to make this happen as the data could easy be interpreted between generations. as for the nft being trustworthy, having a long standing institution-coin which only appeared a year or two ago.
i did not read it, but here's a award
would a reputable nft marketplace solve the problem of server owners thiscontinuing the storage of nfts
what happens if no one buys the minted nft? is it just stored value at that point?
what are some legit use cases of nfts?
since you brought up beeple, what happens to his newfound fortune when this shit crashes? if he’s wise can he check out unscathed or is it all tied to this rickety system?
i find it amusing that until nfts became "a thing" if you talked about the "nifty archive" on the internet, you were referring to a library of highly questionable pornographic text content
sure, the image itself may be gone one day, but the ‘ownership’ hasn’t. that ‘it may be a dick pic in a decade’ is a risk that 99.99% of buyers are happily ignorant of.
ok, but like why are all nfts monkeys?
imagine wasting precious moments of your life that you will never get back explaining frucking nfts on reddit lmao jesus christ
no mention of liquid as an alternative?
if this is true. jack dorsey should be sued for being one of the first to push this scam.
right? why are the dumbest people gloming on to this shit? nfts as beanie babies is not the fucking future. this technology can do so much more and it is like someone early on said "hey a token proof of ownership could be like tied to a collectible or something maybe" and everyone just stopped there. someone else come up with a better idea, we do not have to go with the first thing you guys.
i already have nfts on defi sites that give bonuses to certain pools or increase earnings in game fi, etc
its also sad that time passes by so quick. when are you going to fund your own immortality lab? need more investment in that topic asap.
it's a term lost over the years, sadly
like with any new tech it gets overblown into exuberance and nonsense, i suspect nfts will not fair well long term... at least as they stand currently without anything truly backing the ownership rights.
don’t remember colored coins? same thing
i'm gonna screenshot your btc balance and save it to my phone.
me too. the only truly scarce digital asset is bitcoin.
nothing really to understand. digital files on some alt coin ledger that anyone technically savvy can copy.
it’s a joke. people who don’t know a lot about nfts and purchased them for their twitter profile pictures were getting mad that people were “stealing” them by right click saving them.
i think the point is that nfts are actually not unique and there is nothing stopping anyone from copy-pasting them. whatever it is that you are owning for money, for free you can use the screenshot key and get the same thing.
as in, grabbing a bunch of random nft from the net on each level load? i like this idea. adds a whole new level of meta.
the concept and tech seems legit. the way it’s being used right now is 100% a scam. it becomes legit only when: a) international law recognizes the ownership established by an nft. until then you are just play pretending you own something that you don’t. b) the data (and not a link to it) is stored in the blockchain.
never heard of a scam that gives you money lol, sign me up!
wealthy people in finland pay their fair share of taxes without whining about it because they care about their fellow citizens.
there is also a bunch of people who said you do not understand the internet before losing their life savings in the dot com crash. nfts are unregulated assets, it is a good idea to remember that. where there is money to be made in legal grey area there will always be sharks in those waters.
i understand nfts and still think the way they are used to "invest" in pictures and game assets is the dumbest shit i have seen in a long time.
crackpot inventors are likely to use the defence "they laughed at einstein". same thing.
"b-but you do not understand!!!11"
you do still own the art on the blockchain in a way that matters tho.
the whole concept of monkey nfts is ridiculous lol nfts on its own as a technology i get but for these stupid monkey collectible pictures it just seems pointless
i think its just a joke bro
i watched 2x. there are no epileptics in the video.
i always get a chuckle when someone claims someone else is ignorant, then proceeds to say some stupid shit, like "there are major differences between a nft and a picture of a nft."
true, nfts are just text.
i just bought it off lebarn jahames for ,000 and he bought it for ,000 so i’ll let you have it for ,000. multiplier rule.
and what if multiple mint the same content? nfts will not last
already made a screenshot
i do not like mint
yes. this may very well lead to the next dotcom bubble, the same signs are there.
then you're misunderstanding. all an nft boils down to is a token on a decentralized blockchain that proves ownership. to say it is "like art" means you've taken the silly popular kernel of non-truth and applied to the entire concept. it's like a "certificate of ownership" for art, not the art itself. if the entire world agreed that some contract was to be honored via a blockchain system + nft, it would be far more efficient to check ownership than the current bureaucracy.
except there is only one original van gogh starry night and if you wanted to forge a perfect copy there are probably only a handful of people in the world capable of doing a passable job…
what do you think it takes to get to the same level?
definitely, with time the quality use cases will bear out. but i am not so sure the “art focused” nft scene will die out as fast as people are saying. it will evolve and hopefully the other more affordable marketplaces rise up and level out the average price models. its crazy to think that .08 eth is a “cheap” price to mint an nft to most of the community.
no it does make sense because it’s just a technology, that’s the point. you could literally same all those exact same things about the internet so does that mean the internet is not usable?
gas fees to the ethereum network.
the problem with using nfts as proof of ownership for anything, is enforcement. ownership is a human construct that only exists so long as you have the power, violent or otherwise, to enforce your claim. the entire concept of nfts being decentralized guts its utility before it even gets off the ground. for me to enforce a property ownership deed, i need an enforcement authority to recognize my claim and allow me to enforce it, like a judicial court system. court systems already have established processes to do that, so nfts are not solving anything that has not already been solved in that regard.
i also like the concept of anti counterfeiting. a digital certificate of authenticity. paper certificate of authenticity are often easier to fake than the product they are authenticating. nfts could be used here.
> i'm not exactly sure how the tax law works in the us. but if they sell it to themselves for 100k and then some "lucky crypto investors" buys it from them at an incredible 90% thiscount for just 10k, does not that mean they have a 90k loss on the books they can use to compensate gains on other trades. at a guess they can only deduct it if they also had to declare the 100k gain from the first sale.
there is a whole huge set of tax rules called the "related party" rules that specifically handle self-dealing and family-dealing. you're not the first person to think of this.
moonpay paid post malone, lil baby, future, other celebrities and and professional athletes and gave them bored ape nfts. it's advertising and hyping people up making them think these nfts are really valuable. moonpay even paid for a 7 second clip of post malone pretending to purchase a bored ape to be included in his recent music video. here is that music video:
just because you can steal things doesn’t mean you have the rights to it. people can illegally download movies so does that mean the movie industry is doomed now?
the vast majority of stuff happening on ethereum is a marketing gimmick intended to prey on people who do not know any better. they rely entirely on tricking people who are not able to verify their claims. it says a lot about ethereum that bored ape jpgs are the closest thing they have been able to get to an actual use case, even though it is originally bitcoin technology which they have repurposed in ways that do not function as they claim.
the current nfts are useful for laundering illegally acquired cryptocurrency as i explained above.
>i honestly do not see how nfts are better than just having one server holding all that data. find a game or service you used 20 years ago. are the servers still running? anything on chain (which not all nft's are tbf) will still be there in 20 years.
dns? are you referring to the domain name system which is literally as decentralized as it gets?!?
i like the idea of nfts for things were we already buy digital "ownership". you could go to rent a movie on itunes, but instead decide to " buy" it, only to have itunes remove it a month later. you never owned anything. you're not even able to resell it. nfts could improve this model buy allowing digital ownership to be passed between different individuals.
nothing you've said cannot be done with traditional cryptographic methods and databases. nfts just do it inefficiently via a blockchain.
reread his first paragraph.
nfts do not add any functionality that does not already exist. it's completely pointless. every "use case" for nfts people bring up can already be done without nfts.
i do not think it matters which "coin" it uses, even on bitcoin, the issue here is that the utility right now is extremely limited.
uses a token. liquid would be better.
"stacks" used to be called blockstack, and before that it was called onename. it seems like whenever they fail to gain traction, they just rebrand. now they have even launched a shitcoin token, and i do not see why that would gain traction either.
counterparty is far better than stacks.
why would epicgames allow re-selling of skins when they can just make people buy more skins from them? it makes no sense...
you can do that without nfts though? look at tf2 and csgo. seems insanely unnecessary.
people already buy and sell things in auction houses in games without the need for nfts. also steam marketplace does the same without a block chain as far as i know.
how does the use of blockchain-based nfts differ from a player being the owner of a limited edition skin in fortnite, that is linked to their player profile in epic’s database?
>for example fortnite skins, those can be nft's so people actually own their skins and can sell them to other people. if epic wanted to allow people to sell their skins amongst each other, they can easily do that without nfts. and if epic does not want to do that, transferring an nft will have absolutely no impact on the epic servers and no skin transfer will happen. and setting up your own marketplace outside of the epic control is just not gonna happen because you cannot update the video game code. i swear, all the idiots pushing these game asset ideas have no clue how computers work
what’s the advantage over simple server sided solutions here? cs:go skins can be sold just fine without nfts involved.
gaming is already monetized enough. this just makes it more of a nightmare.
>currently when buying in game cosmetics, those items thisappear once a new iterations of the game occur, nft sounds. this can be done just as easily without the need for nfts. game developers do not have an incentive to do this because they want users to buy new items every time they make a new game. they have zero financial incentive to do this, and nfts wouldn't be the way even if they did. >considering games are usually developed on a similar engine with publishers it would be easy for them to make this happen as the data could easy be interpreted between generations. no, it wouldn't. the only way to make this work is to not only develop all the games in the same engine, but also standardize all animations . it also means whatever design decisions are made when this is implemented are permanent; changing them will break your in game item. so now whatever developer decides to do this is stuck with that system, forever. major changes and innovation are now more difficult. > as for the nft being trustworthy, having a long standing institution-coin which only appeared a year or two ago. having your purchase backed by a central authority defeats the entire purpose of purchasing anything backed by a blockchain. either it is an nft, or it is backed by ubisoft, doing both makes zero sense.
nfts are a scam
there’s no better idea than minting a jpeg and selling it for millions of dollars, unfortunately. even if other applications for nfts are invented, if it’s not as profitable as monkey jpegs then the monkey jpegs fad will last.
its tokenizing digital assets, its not trying to be bitcoin
yes, that 35-72.8% tax on cars is something people are loving to pay.
nfts do not grant you ownership of anything except the token itself. it's just a string of bits. it may refer to a location on a chain somewhere, that then refers to a file somewhere, but it is still just a token.
i can take as many pictures of the mona lisa as i want, that doesn’t mean i own it.
a big thing a _lot_ of people miss is that the smart contract that owns the nft is capable of more than just pointer to jpeg. programmable attributes are a pretty big deal here because it means you can have complex data attached to an asset. that's important for complex digital assets. that means you can define hp, dps, weapon type for those stupid apes in ops gif. then bored apes can be added to any game that would want them. and if instead of a jpeg ape, it was a fully rigged and animated game model, well then you have something quite interesting.
> whatever it is that you are owning for money, for free you can use the screenshot key and get the same thing. and nobody thisputes that nor are nft's created to prevent that. anyone is free to copy and paste the images themselves. at least understand the thing you are arguing against otherwise you are just like the people who bash bitcoin for invalid reasons.
this tbh. nfts as a concept make sense and have utility but the ape jpegs and whatnot are stupid as hell.
no, you own the link to the art on the blockchain. now some do give you the copyright to the art but most do not.
i'll take it for ,000 under condition someone offers to buy it from me for ,000
the nfts that just call some jpeg would not last, but there are some use cases that might take off. before minting pictures of monkeys wearing different hats became the nft fad, nfts were talked about as being rare. for example, some rpg with random drops might have some special sword that only has 10 copies possible. someone who finds that sword could sell it or even rent it to other players. this type of monetization has potential because there is already a huge market for paying people to level up characters or grind for rare items.
>it's like a "certificate of ownership" for art, not the art itself. that's the mindfuck, it is not even a certificate of ownership for the art. that exists and is called copyright. an nft is just a string and some optional metadata which may include a uri and is akin to owning a written description of an artwork but not the artwork itself.
>all an nft boils down to is a token on a decentralized blockchain that proves ownership. it does not even necessarily prove ownership- someone could mint an nft that points towards a url hosting content that they do not own, like with all of the stolen artwork you often see with nfts. that's one of the big reasons why the current use case is not a good use of the nft concept.
but if the "certificate of ownership" costs "-600" and whatever ungodly amounts of electricity just to mint, what's the real world incentive to switch to it over existing proofs of ownership methods?
it's called the physical copy. taking something that is inherently infinite (digital copies) and pretending there is one true original copy is backwards and just rife for exploitation and theft (both of which we've been seeing).
anyone with a forged copy is the proud owner of a scam, lol. they might get bragging rights to a select crowd but there is no honor and no true ownership of the original that was touched and molded by the creator. i can own a print of starry night without trying to pass it off as original, and i'll get just as much intrinsic value from it - but i'm not an art collector, so i do not care, i just think its pretty.
there's no such thing as a "perfect copy". you might be able to create a passable copy, but you're never going to create one that would be inthistinguishable from the original.
widespread practical use cases and proven store of value in theory and practice, which bitcoin has proven imo.
digital certificates of authenticity. more public and likely more verifiable than paper copies. forgery is more difficult (still only as trustworthy as the minter) think like graded coins. the coin grading service has a hologramed holder and other security features. would be great to have a publically verifiable certificate of authenticity with transferable ownership. you already need to trust the grading service so trusting them as the minter is not a stretch. really high end art where provenance matters. nft issued by say an auction house could add to the provenance in the future.
the best i’ve seenand from my understanding is proof of ownership and modification made to objects. examples being property and car ownership. instead of having a paper copy if your deed and permits or any paperwork you gave related to your house you’d have a nft for the land ownership as well. something that couldn’t be forged and hopefully you could see the whole history of the house without having to rely on the current owners. similar thing with a car plus you can see any accidents, repairs, modifications, or even tickets the car has. these would require a more centralized hosting system, preferably governmental, which kinda defeats the whole decentralized purpose. however if the local government ensured everyone has a stable and decent internet connection, storage and access then you could have people verify the whole chain with the local government being the major central node. i’m not super informed on how much you can change things around, but maybe also contracts. less back in forth in courts if the nft contract is brought up showing they agreed to whenever when it can’t be faked. this is all speculation and most of it is marginally better than the current system.
i also like the concept of anti counterfeiting. a digital certificate of authenticity. paper certificate of authenticity are often easier to fake than the product they are authenticating. nfts could be used here, and passed to future owners as part of a sale of the physical object. most existing uses for nfts are just hype.
is there an actual case where crypto is better than fiat? same question.
we already have enforcement in place, it’s the law and the police. the technology behind ownership doesn’t have much effect on the enforcement. nfts could potentially be implemented by governments in the back-end and you wouldn’t even know it.
i recall quite a scandal with bofa ten years ago trying to foreclose homes that they could not reproduce the deeds for. paper is unnecessary, nfts solve the need to have a physical medium to show proof of ownership.
i mean they can mint the nft on an account that is not linked to them in any way
yeah but pseudonymous nature of crypto makes it extremely easy to hide the fact that it was yourself
wow, that is amazing. do people genuinely believe he would give out advertisement like that for free?
and for ripping off suckers.
i see. i thought you meant the technology was useful for something besides that, something that was not illegal.
don't most nfts depend on urls to jpegs etc?
> will still be there in 20 years will it, tho?
a.) the vast majority of nfts are not hosted on any blockchain. typically they merely contain a url to somebody's rented vps that will expire in a couple years. b.) most of the block chains right now will likely be inaccessible in 20 years. even if we assume that people will actually care enough about them to maintain appropriate archives, the data they contain will be worthless and probably unreadable.
exactly my thoughts too, and this is actually a very good and simple explanation. more people need to see this.
i would agree if you said move ownership between stores. e.g. if you buy a movie on itunes, you get an nft and basically you get the content on any platform.
funny enough that was the argument against bitcoin in the early days.
kinda like everything in the world. first we replicate an already existing use case, then innovation kicks in and people find out other things to do with them. the internet was the same in the beginning. we had mail postage and telephones, why would we need that? fwiw, i don’t care about nfts, i am too poor to care about anything that i can’t eat or use to pay my rent.
because by doing so they would add value to their game for the players, attracting more people to it and generating more profit.
they could take a cut on the transaction, maybe?
that would be a chewbacca defense
artificial scarcity can drive prices higher and they can take a % fee on every trade between people, not just the initial sale
why would idiot gamers buy something as useless as a skin in the first place?
and is a lot faster. you want it? you pay, you get it. with nfts it can take a while before they are confirmed. that would be horrible user experience. but nobody in this thread seems to think more than 3 seconds. i hope nfts die because djeezes
thanks for your input. >the only way to make this work is to not only develop all the games in the same engine that's kinda what i mean - battlefield is developed on frostbite for example so (if cosmetics were purchaseable), the nft would. similar to cdpr's engine for the witcher and cyberpunk ip. ghost recon wildlands and breakpoint both use the anvilnext 2.0 engine and is usually the case with all other games in a given series. >they have zero financial incentive to do this it really depends on where the market value for their released nft's lands, it very well may be less than the current model but i do not believe it would ever be 0. the few trades that have happened with the ghost recon nft's sit around 20-40(usd) around 10x what a cosmetic would normally cost, but i'm pretty certain they are inflated trades such as outlined in the post i was replying to. without quartz actually launched and additional runs of tokens available it is extremely difficult and irresponsible to make a call on whether it has been profitable. starting to feel like it would be more supplemental to the current system than a outright replacement. >having your purchase backed by a central authority defeats the entire purpose of purchasing anything backed by a blockchain. i think i'm off in my terminology and understanding. in the post i was replying to, op laid out a possible scenario where some of the current nft systems could thissolve leaving purchasers with basically nothing - primarily because their backed by alt-coin money grabs which no real backbones. my sentiment is that having an long-standing, established institution invested in the existence eliminates that.
not truly scarce though.
taking a picture of the mona lisa doesn’t create a 1:1 perfect copy of it, while saving an nft does.
nft does not prove ownership. it just proves you have a hash. and anyone with a screenshot can simply make another hash.
imagine, comparing the centuries-old mona lisa from a world-renowned artist and scientist to a bouncy bunny gif from spacehammer69.
true, but you cannot go up to the mona lisa painting and walk away with a 100% perfect exact replica to hang up in your living room.
you also do not own what the nft is depicting. you own rhe receipts.
correct stance imo. nfts will have some use in the metaverse if the mv turns out the way some describe. for now, the best use case is basically joining an exclusive club online. some politician is already using nfts to bypass campaign contributions laws by allowing people who hold his nfts enhanced access to him. there will also be real use cases in the future though. high value event tickets, high value contract storage. could be redeemed for property etc. for now, not much sustainable use.
thats fine. it does not matter to those who are investing for less than 1 year. esp so for those who flip nfts in months or even weeks for profit. newer blockchains are also devising ways to give more ownership to owners using newer protocols.
sold if you throw in a bridge to sweeten the deal.
people bring this use case up quite a lot, but has not this existed for a long time already? i'm not big into cs for over a decade, but i know you can get skins that are very rare, cannot be duplicated, and they sell for a lot of $$. how would nfts be functionally different in that example from whatever technology is already being used to do that?
> for example, some rpg with random drops might have some special sword that only has 10 copies possible. i understand why this would work 'conceptually' but all video games are closed-ecosystems. i cannot bring a sword from diablo over into wow as an example. the companies that own these ecosystems have 100% control over every item in their game. they do not need nft's to already say, "there is only 10 copies of this sword in the game, that is why they are ,000 each". how would you see nft's enabling what they can already do without the extra cost? edit: i thought of one: vg publishers would love to make games 'pay to win' where you can buy a higher powered whatever for real dollars, but the gaming community slaughters companies when they try to do this. so, the publisher could mint nft items with higher power, and limit their drop rate in the game to a scarce number. then they wouldd enable in-game trading and if based on the nft, the publisher could get royalties every time that item changes hands. when the gaming community screams "pay to win!" the publisher can say, "hey, it is not us charging money, it is your fellow players! you had the same chance at getting that drop as the guy who got it!"
why would you need to do this in a decentralized manner?
but why bother with crypto here? in a game the servers are already centralized and the source of truth.
this is silly, there is no benefit to nfts where a regular centralized leger works just fine. the game itself is already centralized anyway.
it’s not much different than people selling rare items on video games right now.
except that game servers are a closed ecosystem owned by the game's developer, so they can already do this without nft, using the same mechanism they use to prove that you own a copy of the game itself. there's no use for a thistributed, decentralised way to prove ownership of an asset that exists in a centralised, proprietary system.
this exact thing was removed from diablo 3 after it launched.
no, it’s more complex. take for example a really popular song, let’s say a song by drake. if that song plays on the radio in every country in the world every day, how many copies are there? who owns the rights?
exactly. you can record a song off the radio and tell people it’s your song, but does that mean you own it and have the rights to it?
but you can easily do an nft on the bitcoin blockchain, so... not seeing the point? you're lamenting how it is synonymous when it is just the public's viewpoint of one small aspect. not any different than considering this subreddit to be synonymous with what those interested in bitcoin care about.
in the real world, that is what notaries are for. so this is basically just like plain old classic blockchain then? so you can do this with some sort of digital notary system that is decentralized? yeah sure, thats a valable use case, but not at the current mining prices. then a notary becomes a cheaper option
>something that couldn’t be forged and hopefully you could see the whole history of the house without having to rely on the current owners. thats what notaries are for. and the notaries are embedded in property law. its quite a foolproof system. how many times have you woken up, by accident oustide your appartment because you lost ownership? it will be very hard to get nfts to the same level. you'd need governments to accept them in property law. and since the whole ideas behind nfts is to avoid government regulations, i see really no point
but why? what improvement would there be over the current system which for all intents and purposes works exactly as designed? once again, nfts are a solution in search of a problem.
how would nft's solve that? the same thing could occur, bofa does not possess the nft deed and tries to foreclose on the house lol. literally nothing about that situation changes with an nft.
oh i'm not arguing that. just saying the rules are in place. if people break those rules, that is a different matter.
a good nft will be on ipfs. that's why i added the parenthesis.
yeah, that is the whole point of a blockchain, it is economically viable to keep it running.
i mean do nfts do anything better than our existing technology? i haven’t seen anyone who isn’t inhaling huge amounts of copium be able to explain what they do different than what we already have. the internet did those things better and faster than existing technology. i don’t see nfts doing the same.
besides the point, but paper mail is still better in multiple ways. you cant have someone sign for the receipt of an email, forced, let alone it being upheld in a court. on point: internet was clearly better at communicating than any other platform from the beginning. there were instant clear improvements. and the amount of messages lost was less than traditional letter mail. all the other services are just built on top of that communication network. every app, everything we do online, is basically a piece of structured mail. nfts dont follow this pattern, they do not offer a clear better alternative to something existing. most implementations are just complicated databases
so why wouldn't they do this without an nft and by using their already existing epic store? if they wanted to do it, they could easily, with their already existing store and already existing technology. nfts do not add any more functionality than what already exists.
yes, that would be their financial incentive, but in order to do that they would need to control the payment system to ensure they get a cut. which means if epic ever went down this route, they would do it with the epic store, not nfts, so that they could ensure they get their cut without needing to re-build their whole system.
lol i mean yes, but seriously, epic has zero obligation to allow skin re-selling or trading. they have a financial incentive to not allow it. the biggest issue with this entire nft conversation is that people only look at one side of the equation and completely leave out the perspective of these private companies. sure, skin trading would be super cool, but if there is more money to be made, and more shareholder value to be created by not allowing skin trading, then that is exactly what will happen.
which they can already do with the epic store if they wanted to. they already have a database which keeps track of which skins are in each account, nfts do not add any additional functionality that does not already exist. solution in search of a problem.
>battlefield is developed on frostbite for example so (if cosmetics were purchaseable), the nft would. yes but my point is now whatever nft they mint must work with all future frostbite games, because nfts are immutable. there are major changes made to every game engine between major releases, supporting cross-gen content via nfts means they are putting a hard limit on many of those changes and will be locked into prior design decisions, good or bad. >it really depends on where the market value for their released nft's lands, it very well may be less than the current model but i do not believe it would ever be 0. the few trades that have happened with the ghost recon nft's sit around 20-40(usd) around 10x what a cosmetic would normally cost, but i'm pretty certain they are inflated trades such as outlined in the post i was replying to. all of this can and has already been done without the need for these tradable items to be nfts. cs:go skins are an example. in the instance you're talking about, using nfts offers no utility over just serializing items and then managing the market and the content directly themselves, which would be required if a game developer wants to make any money on this. that's all setting aside the fact that creating a speculative unregulated market surrounding in game items sucks for everyone who just wants to play the fucking videogame. microtransactions are bad enough, most people do not want this. >i think i'm off in my terminology and understanding. in the post i was replying to, op laid out a possible scenario where some of the current nft systems could thissolve leaving purchasers with basically nothing - primarily because their backed by alt-coin money grabs which no real backbones. the whole point of backing anything on the blockchain is decentralization. if you own an nft or crypto or whatever, you actually own a section of the blockchain. the reason the current nft systems thissolve to nothing is because the section of the chain that you own is literally just a link to a .jpg on someone else's server. all you own are the rights to the link. if they stop hosting the image (or host something else at that link) you have zero recourse to stop it. the thing you own, be it an image or whatever else, is not actually built into the blockchain itself, just linked to it. this would be just as true for in game items as it is for a .jpg of a monkey. it does not matter which coin they back it with. which brings me to my next point. >my sentiment is that having an long-standing, established institution invested in the existence eliminates that. the entire point of any blockchain project, be it bitcoin or whatever else, is that there is no long-standing established institution invested in its existence. it's all individuals and peer to peer networking that controls the market. that is what decentralization means; there is no central authority to influence or control the market. all nfts as they currently exist depend on some singular source (like a single domain) to actually host all of the content and are therefor self defeating. having a long standing established institution invest itself in the existence of a market eliminates the need for a blockchain at all. it is, by definition, centralized.
imagine not understanding the concept of a copy not being the minted original
there are already defi sites where obtaining the right nft will increase your pool or farm output, as well as other similar uses. when pancake swap opened their nft marketplace i sold the completely useless ‘art’ nfts i’d earned from the site for a few hundred each. why some idiot paid for them is beyond me and they’re now of course selling for a lot less.
i got a little one from a toy train set? will that work for you?
csgo has a lot of duped items out there (valve refunding skins that were scammed)
it’s not they’re just trying to justify a pointless technology.
yeah but that system is closed , abs you can’t transport those skins to halo or battlefield for example
as the backend for a cross platform ip sharing system... yes it is interesting. the agents using it wouldn't want to cooperate per se, but a set of artists would benefit from marketing and selling cross ip art this way. it's not the tech itself that is ever interesting it is always the killer app. in this case an amazing system would be a group of game artists getting together and using a system like this to license their work in a limited way *to studios.* it's not as sexy as selling tokens to users who have no use case... cause your growth is limited by content creation.
exactly. every nft use-case i've ever seen already exists with technology in place that is better than what the nft could provide.
this is good thinking.
csgo already has that without nfts. seriously you open an item, sell it on the steam market place, they get a percentage of the sale, none of the money leaves their storefront unless it’s used to buy something like keys that are traded externally. but for real, you’re trying to sell video game producers on a technology they already have that will cause them to lose money.
pretty sure it is better for players to run marketplaces on external blockchain, hyperinflation is a real thing in most mmos:d and if that is blockchain is owned by game dev, you pretty sure can do some interesting things with it. and with a lower chance of duping, exploits, and such. not rly game-changing tho.
you wouldn't. the rpg sword in this case has a unique id within the game world that the player can trade to other players in the game. making it an nft just adds a layer of complexity that does not actually add any value. a really good example of how this economy works already is everquest. especially on tlp's where hundreds of tokens (krono) are traded every day that represent a month of game time, but are used as a currency to buy rare items or services in the game. the only thing i could think of that making the virtual item in this case an nft is if you wanted to be able to transfer it between games . but i cannot see that happening because of how game design works.
the person who finds the loot would literally own it if it was associated with a public
yes. the real value is blockchain tech, which both are built on.
you cannot foreclose if you cannot produce the deed. that's what made 2010 so interesting - people got wise and started demanding bofa show proof. they could not, so the foreclosure could not go through.
how can we be sure that is here to stay?
how is it economically viable to keep hosting an nft that no one will ever buy?
>it is economically viable to keep it running how does that make sense considering the ridiculous amount of electricity it consumes at its current scale? idk you, but i feel like it is more likely that, in 20 years time, legislation will kill the manifestation of crypto that promises today permanent nft. 20 years is a lot of time, and nothing can last forever. the pyramids are not the same as the day they were built, and even marble statues have not survived unscathed. i'm very skeptical of the idea that crypto will find its usefulness before it is rendered irrelevant.
imho, nfts should replace titles everywhere especially in real estate. right now if you buy a property (in the us) you have to pay a title insurance company to make sure the property can be sold and you have to pay filing fees to have all of the records updated. an nft could eliminate all of the third parties on that part of the transaction; it is not happening yet but it is going to be great when it does.
because it wouldn't have 'nft' in the name and therefore they wouldn't be boarding the nft hype train. i read a few days ago that the search term 'nft' recently surpassed 'crypto' for the first time.
i agree with the concept however nfts can be designed to give a cut to the creator every time they change hands.
i’m not sure: the apple store and the google play store, itunes, spotify… those are things where the editors aren’t involved and yet they get the kickback.
the financial incentive is that another company will do it first and users will migrate to that company because they like the idea of buying.
my point is, people have to give a shit about the original.
you have original garbage. congrats. if it’s a jpeg, it’s worthless dude. same with art. the shit you’re buying as nft’s right now is the equivalent of the art you can buy at ashley’s furniture. being able to own =! being worth owning.
anyone can pay pointless overpriced eth fees to mint the same thing with the same link changing one of the other inputs, having an nft of the same thing.
if it is digital there is functionally no difference between original and the copy until it is been copy... the only way to have a unique digital original is if your copy is high res and the only copies online are low-res proofs. then yours is better, but still... it's not the same as the mona lisa since that is valued due to the history and artist and not many artists today are as valued for their history as leonardo da vinci. and no one really cares if your digital file was the original or a copy...
it is impossible to copy the brushstrokes of leonardo da vinci and his choice of pigmentation precisely in a replica. convincing enough people believe in something will not make it true. it is the downside of being a digital creator of anything. bitcoin is the only thing that breaks that boundary and that is why it is unique and valuable.
except, if it’s simply a jpeg stored somewhere, a copy is in all practical sense the original. nfts confer ownership of the original, but unlike ownership of a physical good nfts in and of themselves do not prevent others from possessing or enjoying the thing that is owned. you can go down the path of enforcing a copyright, but good fucking luck with that, barbra streisand.
i feel like this is a wise investment, sounds good.
the day nfts will become a real usecase will be the day pokemon implements it across all its games and capturing that pikachu in pokemon go will actually give you ownership of a pokemon.
i think it will actually be useful as an api"ownership" of a game (and allow a corporation to take their cut). of course, a private ledger could work just as well, but a to public, thistributed ledger send like a nice gimmick to boost adoption.
but is not each game its own closed eco-system? i do not think you can freely transfer game assets between games
do you know how video games or programming work at all? you’d have to get every developer to agree on a single engine and coding language, and if you think that’s gonna happen then obviously you have no clue why various languages and game engines are used for different projects in the first place.
yeah but those skins are designed for character models in cs and would look janky mapped onto characters from different games. the problem would be even worse with non-cosmetic items. say you have a rare gun in one game that does 100 damage. if you move it into a game where characters have 10 hp, it will be stupidly overpowered, and if you move it into a game where they have 10,000 hp it will be like a peashooter. some of the stats associated with the weapon might not be implemented in some games, or might refer to totally different parameters. what would happen if you took a weapon with a mana stat into cod? maybe you take a 0 mana sword into a game where that number is read as weapon condition so the new game assumes your weapon is broken. basically these items only make sense in the context of the games that they were designed for and, unless a herculean effort was made to standardize game engines, switching them between games seems pretty unlikely.
that has nothing to do with nfts, each of these games are designed by a different gaming studio, and controlled by a different publisher, that is what makes that system "closed". nfts do not solve or fix that in any conceivable way, shape, or form. if microsoft, ea, and valve wanted to have universal skins that could be used across any of their games, they would need to form a partnership to do that and they would create their own system to ensure copyright, drm, as well as monetization and they would have no need for nfts to do it. again, nfts are a shitty stupid solution in search of a non-existent problem.
there was nothing that stopped that from happening without nfts but no one does that because it is a dumb idea.
for that to work, the developers of each game would have to explicitly build it in, which they do not currently, and if they did, they would likely just build in a way for their servers to talk to each other to confirm ownership. the only reason you'd need something on the scale and mechanism of nfts is if this practice became very widespread and assets routinely outlived the games or systems they originally came from. that's the basic concept behind the metaverse (or at least part of it) but at this point it is entirely theoretical; pretty much nobody has actually built anything like that yet.
yes, and it is centralized to steam. what part about decentralized proof of ownership are you unclear about? to expand it past what a 12 year old thinks nfts are, imagine that every game you own on steam as an nft and you can access it or prove ownership on any platform without requiring a centralized platform to "allow access" via an api.
i pointed this exact thing out in the first paragraph of my post.
what difference does this make for gameplay or user experience?
so the system...without nfts...worked exactly as designed. so again, where would nfts have changed that situation or made any improvement at all? nowhere.
while i think all existing nfts are a scam. in theory, if the nft was set up correctly (i have never seen one that is) anybody could run an ipfs node and host the content of their own nft in a way that is still verifiable.
i'm repeating myself but nothing is guaranteed. but a chain which generates money will last longer than a server which costs money.
it's hosted on chain, the entire chain is economical, not the individual nft. that's why miners get paid in the native token of the relevant chain.
you've pinpointed the reason the entire etherum chain is not economical. just because one user paid to add their own file one time does not give an economic incentive for all network users to store that file forever. this is why bitcoin only allows asset settlement data to be stored on the chain (this is the only thing a blockchain is required for) nfts can still be minted on btc but only the proof of ownership is stored there, the rest of the data is the responsibility of interested parties to store.
> ridiculous amount of electricity compared to what?
well, proof of work is not the only type of chain? and ofc nobody knows the future, but a chain which pays miners to keep it alive has a much higher chance of being around than a server which is a cost.
yeah but that is the us only. its not because that system sucks (i honestly dont know it, does it suck?) that you need nfts where i lived, begium/... a house is registered by notaries in a central government regulated registrty. it actually dates back to roman times, and is usually older than the country itself. you buy, and he adds it into the 'catastrum'. you can look up the entire history of the property in it, quite easily. and sure you have to pay for this. but its not like nfts are free either, or cheaper at this moment. a notary is also liable if anything goes wrong, and double checks all ownerships. good luck with your nft if there is a thispute. because what is stopping someone from creating a second nft? literally nothing, and then there is a thispute, and who will resolve this thispute? sure its illegal to create the second nft, but criminals still exist in this world nfts add nothing of value to this use case. change my view
so then why even bother? the whole point of an nft is that it is a publicly available ledger. why would a private game studio give a shit about making "ownership" of a digital asset like a skin or loot publicly available on a public ledger? they wouldn't, therefore they wouldn't even bother using nft tech without nft hype because this is an easily solvable problem with a sql database table.
because there is a processing agreement. nfts will change nothing to this.
team fortress 2 had that back in 2009 with hats and skins. players would acquire rng dropped rare loot and could trade it with other players. shit the hat market still exists today with some super rare hats being valued at a few hundred dollars. tf2 still exists today and is nowhere near as popular as fortnite is right now. people do not migrate to a company because they like the idea of buying, they play a game because they like the game. your comment sounds awfully libertarian and this fake idea that humans will naturally reward companies that do good things, and punish those that do not. except that is not how reality works, unfortunately, if it did ea wouldn't exist anymore.
no thats a stupid idea, because that company still cannot control what you do in video games. if i create a company tomorrow with an nft based marketplace to sell skins for fortnite, i have absolutely no way to actually reflect those things in the game. there is no possibility for other companies to step in. except create a whole different video game. which is besides the point here. and if they would want skins marketplace in their new game, they can build a ... marketplace... and not use nfts at all. why bother when they can use a database?
christie's and sotheby's clearly does not give a shit about nft originals
to be fair i enjoyed it when those guys burned the banksy and then sold "it" as an nft. that was peak 2021 and actually an interesting artistic concept.
and in the meta verse, and on the blockchain where it is minted and verified, they do. you can save it in your phone pictures as much as you want. if you don’t have the actual image minted in your wallet, it’s not the actual image, just a copy. the value is determined in the market place, not in the photos folder on your phone. i get the joke, but it’s basic fud trying to steer people away from crypto obviously led by boomer institutions terrified of change. like the “expert analysts” that said the internet was just a fad and would be over soon. how does a website have meaning? it’s nothing tangible, yet domains have immense value. nfts are at the point right now where the internet was in 1996. visionaries saw it’s potential to be great, and others got left in the dust. that’s my point.
go ahead and write “facebook.com” on a sticky note in your home office. you own facebook now! look! its right there in your office! you own facebook!!!! you have screen shots of facebook in your photos and the domain written right in front of you in your own handwriting! you know how dumb that sounds because you understand you don’t actually own facebook. now apply that logic to understanding you don’t actually own the nft, just a copy in the photos in your phone.
shes hot tho ... might wanna trade grimes for her bud! her name is sanna marin ... hahaha.
digital you can own the rights to it. you cannot stop people from copying it. bit if you own it you could legally stop someone from using it. of they are a small fish that is going to be expensive relative to the payoff, but sometimes you catch a big fish
wow, we are both so wise!
why is nft needed for this lol.
useful to who? consumers? companies are not going to do this lol.
depends, really, but the long answer is going to be: ‘so many people would have to be involved that it would be impossible to track how the money should be split’. also, video game skins like csgo are essentially just a visual replacer for a weapon that exists in game, taking that skin and importing it to halo does nothing. a csgo m4a1 is not the same 3d blueprint model as a cod m4a1 and neither is anywhere close to a halo assault rifle. it simply wouldn’t work to begin with, it would cost money to make it work (time is money) and certain developers like cod would lose money by not being able to sell you that same skin next year in their new game. the concept that nfts could make items in video games matter is a backtracked idea, there have been individual drops and ‘only 1 of these swords per server’ in wow since at least the first expansion, i’ve never played that game itself but friends of mine literally described how their guild was trying to get this sword from a raid that only one person in the server could have. video games solved this problem years ago, and nfts won’t do anything that they didn’t already have a better solution for then.
that's where the metaverse idea comes into play. the idea is that in the metaverse all of this content would be interchangeable between games. nfts could be used as the technological underpinning for this tech.
you do not even need nft to create a system that works like that. if the devs wanted to they could just make an agreement and share the cosmetics between games in some crossover event. you just need to check the ownership of the item on the players account
do you know how nfts work at all? you could use them for authenticating ownership in a decentralized manner, which allows every developer to code whatever-the-fuck they want and allow any user access based on their nft status. weird! it's almost like the people who developed these platforms know the possibilities and the people who are spectators commenting from the cheap seats have no clue
developers could do some clever programming and collaboration to make sure the nft was compatible between games. ubisoft just announced they will be using tezos as their nft platform. they could develop some nfts that work in both assassin's creed and far cry for example. they wouldn't even need to collaborate with another company.
although each collection will likely be compatible only with a specific game, series, developer, nft technology will enable owners of in game content to trade those items outside of the game and on open marketplaces specifically designed for trading nfts. buyers will benefit by having their purchases administered by the marketplace provider, similar to an escrow service, rather than entering a transaction based solely on trust and risk losing their funds.
except you do not seem to understand the basics at play here. all an nft needs to be is allow access. ms, ea and valve could all individually hook into an nft to prove a user has access to something, like "mcdonalds happy meal promo winter 2021" and make their own fucking content for it. again, you have incomplete information yet you're confident that is not why you do not see the utility.
now that microsoft owns bethesda, imagine some armor or weapons that could be used in both elder scrolls and fallout
it’s gonna going to happen. game companies don’t give a fuck about nfts outside of exploiting the hype. it makes zero sense to reinvent the wheel. nfts are a solution in search of a problem.
but that item has no value outside of csgo and steam so a decentralized system is pointless because the only place that item has value is centralized.
because the player owns it, not the company. who actually owns your steam library? what happens if steam goes away?
nfts are not hosted on the chain
miners are not paid to store the blockchain. miners are paid to put work into the blockchain. in the case of eth, the ethereum foundation pays to host the chain and public nodes at an economic loss.
why the fuck would anyone pay miners just to keep some blockchain alive? the only way that works is if someone's making a shitload money out of it. and the only way that works is if it keeps growing forever. as soon as the unwashed masses run out of money to get swindled out of and, the whole blockchain 'economy' will just crash. mining is a service just like a hosted server, and you're paying for it.
i'm not trying to say that will be the only factor, of course they have to like the game too. i'm saying it will be one factor.
the game companies themselves will create the nfts. the advantage is that users can trade. what if you bought a rare skin and you wanted to sell it to someone? can you do that now? you can... for credits...on their system. with nfts you can sell them for .
dude nft’s have uses, but it’s not art nft’s should be used instead of digital tickets that give a kickback to the performer if they’re resold (fuck stubhub). have you heard of get protocol? the way you are trying to use nft’s is the same way the dutch used tulips and america used cdos and credit default swaps. it’s a great asset, until it isn’t
i accept that nfts may have future utility, but at the minute it is entirely a speculative bubble built on hype with a little bit of scamming and money laundering on the side. a copy of the mona lisa is a copy. a copy of nft art is **exactly the same data.** identical. so it is not exactly a perfect analogy.
nft's usually do not contain the image they purport to 'own' , just a web link to the promoter's website, so even the nft's owner might want to make a copy of the image, in case the promoter goes full music man on them. nft's also do not grant legal ownership of the underlying artwork, unless they contain some special legal contract, which almost none of them do. you just cannot compare the internet to an nft, the internet is useful to everyone in the world, an nft, even if fully successful, will only be a digital baseball card. and since there are already millions of nft's, with tens of thousands more minted daily, it seems highly unlikely these things will even be worth the gas to mint them in the long term, unless there is something exceptional about them, and 99.9 % of them are just crude jpg art. i would say a single issue nft of a popular meme's artwork may hold value, but 1 of 10,000 jpg rocks, this is some tulip bulb stuff here.
> nfts are at the point right now where the internet was in 1996. nfts are at the point right now where icos were in 2017
but with an nft you do not own the picture either ' nfts are more akin to treasure maps then actual pictures, all they do in the majority of cases is point to the url where the actual picture is stored. and there is no legal precedent for the owner of an nft to actually own the picture. what's to stop someone creating the nft you own 10 or 100 times or even across various blockchain? ' the whole nft thing is just a great fool at this point.
i'm not really taking any sides but i just wanted to ask whether it is fair to compare nfts (art) to the mona lisa (art) and then nfts (art) to the internet (utility). people did not believe in the internet as a tool, and these "expert analysts" were short visioned and not creative enough to imagine that one day it wouldn't be 1mb. but art is to be seen and admired, the mona lisa is famous for its history as well as its technique. on this sense, all nfts have a similar structure and though the blockchain is to be admired too, the visual part is available for everyone to download and conserve in our wallets. right? i'm still new to all this too
the metaverse people care
>nfts are at the point right now where the internet was in 1996. visionaries saw it’s potential to be great, and others got left in the dust. exactly. this is just like the late 90's. and just think about all the fucking stupid shit that happened on the internet that died in those early test phase days. collectables are not the end use case for nfts, they are literally the stupidest base line nonsense first idea. when this dumb bubble bursts we will get to see the real applications of the tech. and guess what? it's not going to be fun speculative bullshit, it is going to be boring ass stuff like insurance processing and contract documentation. digital notary and shit like that. that's where these tokens will be used - to amplify the pipeline and optimize logistics, not to collect tulips to trade between idiots.
i do not get this tech. any source for eli5 ?
the issue is the effectiveness of utility is the same
lol facebook is a physical company with assets, an art nft is nothing but a json with a long string in it that only serves the purpose of proving you own a token for something. there is definitely utility in what nfts do, for example using them for event tickets, for example you can only get in to this physical or virtual event with a nft. that works if there is demand for the event. but if you're using them to secure art, the utility it has is extremely limited because people who do not own the nft are not actually limited at all unless you want to call the nft police because someone printed your art our and hung it on their wall.
work on your reading comprehension the question is not whether you own the nft or not. factually you do. the problem is that what you own is garbage with no liquidity. you’ll see bud, you clearly ain’t gonna learn from me. just remember in the future when your jpegs don’t work out and you’re wondering why shit is so expensive, make sure to tell your kids while everyone was stacking sats you were buying monkeys drawn in microsoft paint
sounds like you've been talking to victor chaos.
show me the law that gives you any rights for owning a "nft" over any associated digital asset. if you get any rights, they are all transferred seperate from the nft. the nft adds no value over a contract on a piece of paper.
basically a “decentralized” pokemon bank. and that’s the real appeal of nfts to the crypto community. but like all crypto products the value is pumped up by whales and clueless idiots splurging their money to chase the latest hype.
cause it allows you to be cross-platform and cross-games. could be used for other derivated products also
>superstonk ah, i see you’re a man of culture as well.
haha, my speculation is that it will be gamestop. i honestly do not know how they would get game devs to play ball though unless they were able to show that enabling an aftermarket makes them both more money than current status quo.
it's just decentralized. you're claiming that csgo and cod are not compatible... but in the future maybe everything will be compatible. your entire argument is equivalent of saying "steam solved digital ownership years ago so what's the point of having a decentralized ownership token." >i've never played that game itself but friends of mine literally described how their guild was trying to get this sword from a raid that only one person in the server could have. well either you or your friend is misunderstanding, because that is not a thing and never was. so your entire argument of "it already being solved" is based on something that does not exist. cool. i do not understand what's so difficult about grasping that it is decentralized proof of ownership. why children keep bringing up "video games" as some sort of use case is already annoying, but it is very obvious to see how that might work in the future. is it really that hard to imagine the use of decentralized digital proof of ownership where an asset can be applied to many games? you're fixating on "a virtual item" but what about something as simple as a membership?
all true. though i’d like to think of nfts as a standard for all developers to stick to — for the greater benefit of the gamers’ economy.
that's not how games work. unless you make the game with the same engine using the same rendering systems and have the same character model designs you cannot simply drop in a cosmetic from one game to another. unless you have a system like roblox where all the games use the same avatar it does not work. nfts have nothing to do with that. all and nft does is say that 'person a owns the digital rights to this linked data'. the data can be a license for the software, a picture of cats, or literally anything else. but simply owning the rights to a hat in a game does not mean that you can magically move it into another game or system. again, it works if your entire game system is exactly roblox. but nothing else.
is this really the underlying idea for metaverse? i’ve not heard of this before, but then i haven’t really been that well read on it
the technology underlying something like that would probably be some third party service since you would need to create and continue to improve all kinds of standards to make media actually usable between games and companies would have all kinds of rules to deal with copyright and tos things such as not using guns on kids games. no way they would ever allow something like this without having tight controls
it’s unbelievable how many people have an opinion on this without understanding the nft isn’t the item itself.
yeah but that would still be in a closed ecosystem, just a slightly larger one, so u's point still stands.
wouldn’t ubisoft be incentivized to sell you the same skin in three places instead?
but they have a system for this already, their launcher means everyone has an account and they could store this on a centralised database. perhaps working with other companies could extend this use case, but even then most of those are on large platforms which can also share data (you'd offload to steam). maybe, just maybe if you wanted to share items across publishers and platforms this may be worth while? but is the extra development load for being able to use crap in other games worth it? at one end you have mismatched cosmetics at another end you have to implement whole behaviour sets.
they wouldn't even have to do that. the nft could just be a license that is universal, and each platform could serve unique content based on that check. why are people so fixated on an nft as "the thing" and not "a mechanism that allows access." it's fucking stupid. do you also think a mortgage is the actual house, or a car title is the car itself?
so game devs should integrate nfts into their games so players can trade items on third party websites? why? why not just implement a real money marketplace in the game like diablo iii?
do-tell, how would this supposed "open marketplace" have access to a closed source, proprietary, copyright protected system? if i buy a skin in fortnite, how can i magically pull it out of my account, attach it to an nft and trade it with another player on this "open marketplace"? that is where all of your ideas keep falling flat on their faces. this utopia of digital asset trading requires the owner of said system (the game studios) to allow this to happen by building mechanics in the game to facilitate it, and they have no financial incentive to do so.
and you do not seem to understand economics. why would they do that? what's the upside? how does it benefit their shareholders? additionally, why wouldn't they do that with their own closed ecosystem marketplace? valve already has one that allows trading, why would they increase the complexity of an already existing system by trying to retrofit stupid ass nfts that do not make anything better? again, solution in search of a problem.
that would be cool, and microsoft could. it's the same argument as gamestop and the used game marketplace. all the new consoles moving forward into the future are going to stop using physical media and switch to 100% digital downloads through digital marketplaces so that the publishers have 100% control over thistribution and eliminate second hand sales of games forcing everyone to pay the publisher first hand for a copy of a game.
what do you do with your "ape sword of being bored +4" after the game servers go down?
the game can just ignore your nft if they wanted, they are still 100% in control. the only way it even works is if they agree to it and make some implementation around it in the first place, adding a filter and other control features would be trivial
a good nft will be hosted on ipfs. which is a chain.
miners get paid in the native tokens of the chain. hosted servers cost money.
i do not thisagree with you there, but it would not be nfts that change that. like i said, valve already has a player loot trading system and has had one since early 2000s without ever needing nfts to do it. future games would not rely on nfts either for trading.
why would you want to make? it seems super wasteful to continue to store.
you can do that on aws. also you can sell the wallet with the tickets and not pay the artists. from a quick look at get protocol looks like the tickets are qr codes, shit you can sell those too. the kickback thing is the biggest crypto meme
i do not even accept that nft's will even have future utility (!!) the best case is that nft's become a digital baseball card that costs ... a copy of nft art is in fact actual viewable art, but an nft is just a blockchain link to a website, so the copy is actually demonstrably better than the original nft, because if the nft promoter goes out of business, the copy still shows the art, but the original is now a link to a 404 file not found (!!)
treasure maps and serial numbers
"fool" is not understanding that you can virtually and mentally own anything that you want to own, it is just some people place value in proof of that ownership. thinking that this is not something that even ordinary people do every day is just ignorant as shit. some people do not care how many copies something has or how many people have interacted with them or consider it their own, as long as you have a proof of ownership to it then there is nothing else left to care about. whether people require some made up lines of code or some shit or their own conviction is subjective, but the whole idea is not any more dumber than 99% of things people do in their lives.
i think the problem in this comparison is that the nft is not art. an nft is like a deed but there’s no real authority of who can create the deed to what, and although it can be traded and ownership of the nft can be validated, a digital copy of the original digital asset is fully lossless, so it is manufactured scarcity of something that previously wasnt.
art does not have an utility. the only thing that comes close is the value that is based on people that have interacted with them. you can have a picture that has never seen the light outside of the person that made them and it would still be able to be more valuable than any other piece with acclaimed value, because that value is not hardcoded, it is a decision that is entirely made by people who have seen it.
that's thinking about the current state and likely would remain true between the creator and first owner. nft offers an advantage if you imagine a robust resale market. in that the current nft owner can 'prove' they have a marketable title to the digital rights. sometimes it is not just what is possible in the abstract, but also how easy and costly or cheap it is. nfts *are* useful when you want to have transferable, digital ownership. just that sort of thing is not a broadly needed thing.
cross platform already exists and cross game also exists where it makes sense. game design is not some static thing, cross game requires a bunch of dev work that nfts do nothing to eliminate
but they have already allowed for cross platform cross game pokemon sharing for years adding nfts to that changes absolutely nothing lol
i'm still not understanding how this is something nfts enable that cannot already be done using existing technology that does not involve the blockchain.
so pokemon bank which literally already exists... i can already take my existing pokemon from any game that has pokemon bank compatibility and transfer them between games even platforms like pokemon go
blockchain does not do this. it might allow nintendo to skirt some regulations around in-game currency in some countries but this seems unlikely. a private database does this better in every other way.
nintendo can achieve the same thing with a server. and if it is pokemon, then nintendo is the only one who can use them so there is no legal way it can be decentralized.
i think if the market was there for companies to make money off of used-digital keys we'd already see it, but we do not.
> but in the future maybe everything will be compatible. yeah, and until that starts to happen (it would not), nfts are useless in this case scenario.
ok so if i'm activision, what's my motivation in making a gun from halo work in cod? why would i want some dickhead who paid 343 , when he should be paying me ? if i keep it within my own ecosystem of games, same question. why would i want somebody to be able to bring over his skins and guns when planned obsolescence via annual updates already makes all the money i can squeeze out of him? why have a blockchain? why make something decentralized when, as a corporation who controls the game, it is in my interest to keep things as *centralized* as possible? unless the future is one in which every person in the world only hangs out in one place owned by one corporation (aka the oasis from ready player one or the metaverse from snow crash or roblox) i do not see nfts having a future in gaming.
a genuine question: what incentive do publishers have to make skins? i personally cannot see any, but i am also not very smart.
> well either you or your friend is misunderstanding, because that is not a thing and never was. so your entire argument of "it already being solved" is based on something that does not exist. cool. it has not been true for any items i'm aware of, but the scarab god title and associated bug mount were definitely server-exclusive to the first person to ring the bell. they are however, non-transferable. it would not be hard for a developer to make a transferable, unique item if they wanted to. nfts are not required for that in any way. > is it really that hard to imagine the use of decentralized digital proof of ownership where an asset can be applied to many games? it's a pretty hard technical problem. the systems have to be built to recognize the token. the developer is probably going to want a cut, and at the point that they have solved those problems, there is really no reason doe a dev not to use an in-house solution.
>you're claiming that csgo and cod are not compatible... but in the future maybe everything will be compatible. ok you win this thread, that is the dumbest comment i have read so far to explain the usefulness of nfts. even if they allow assets to somehow find their way from one server to another, you would not make that happen with nft, some file transfer or settings file will actually have to move between the games. and then why wouldn't those game companies take care of the transaction instead of an nft? it makes no sense at all
the people spouting this stuff read ready player one and thought that we could (and should) build the oasis today.
it works just fine if the nft is a license to an item that has different properties across the multiple platforms. my nft can be "mcdonalds yum yum toy" and 250 different games or software platforms such as websites or apps can see that and flag "yep, they own mcdonalds yum yum toy so give them x." currently this requires you "linking accounts" like amazon prime to whatever game via api. that's where the "decentralized" part comes into play. it does not rely on an oracle to authenticate, just an issuer.
nope. they're talking smoke. nfts simply allow everyone to know who owns the digital rights to something. that does not translate to games or systems magically accepting that because buzzword.
the hybrid approach is currently popular among most companies. companies such as meta would use nfts as item identifiers in their metaverse. individual game developers could access a players nft metaverse items through metas metaverse api and use them however they want. of course meta could, and may, just use a normal database to store these things instead of using nfts. nfts main advantage is that it could allow easier interoperability between different meta verses.
yes, but "that" is a strawman and not at all required. the nft does not have to be a singular digital asset "you own mp5 gun!" it can instead be "you own cool gun license" and any amount of properties can confirm that and serve their own assets. right now you could trivially do that with an api, and it would be centralized. ie, i could buy the "cool dude membership" from ea, and any other game could hook into the api, but only if ea allows it, and verify my "cool dude membership" status and then serve unique content based on that. instead, an issuer could manage that membership and any number of external entities could choose to support it trivially and without any sort of centralized gatekeeping.
not if they can charge you six times as much.
mortgage is a type of loan that serves as your contract to receive the deed at completion of payments. car title is proof of ownership. these have nothing to do with computer programming or game design. at the very least, you will never see content cross game engines. ubi, ea, and epic all use different engines, and have no financial incentive to adapt their engine to support content they are not compensated for. on top of that, it opens them up to litigation if any nft content utilizes a trademark product that the original developer has an agreement with.
existing devs don’t have to do that, but i have a feeling that at least some will. however, there are plenty of games that have been and are being developed which take advantage of nft technology from the outset.
playability and collectability are only partially linked. a black lotus is essentially unplayable (between format legality and risk to the physical asset), but us still highly collectable, despite the trivial effort to make a non-passing forgery.
hosted by whom? ipfs cleans files that are not explicitly hosted by someone. if no one gives a shit about your nft, that someone has to be you, or your nft is gone.
lol ipfs is certainly not a chain. please educate yourself.
yeah, and those native tokens are only worth something for as long as the music keeps playing. once the music stops, the coins will become so cheap that all mining will stop, halting all transactions as well.
you realize cryptocurrency at their full deployment would log every single transaction made on planet earth? i bet there’s less ticket sales in a year than transactions made on exchanges plus a smart contract gives the money to the venue and the performer, getting rid of the 20-40% ticketmaster and stubhub charges, dropping prices for everyone
concert tickets, at posted above. a unique item that could be sold to someone else but not duplicated.
culture, history, how it makes a person feel looking at it, etc these are all utility. nft does not have any of these. except for how it makes a person feel via a reciept. plus the ownership is arguable depending on platform as who is the authority of the issuer of the reciept plus, the exchange and minting is definitely better done through centralized database.
blockchain stores whatever data you want. if i want to store my pikachu, its attributes, its level and the fact that he has a scar on his left cheek and a cowboy hat then so be it. a public blockchain allows for that pikachu to 'exist' outside of the pokemon world, which a private database does not (or with constraints)
i could honestly see it being powerful in gacha-style mobile games. people burn out and move on from a given game usually in 3-24 months and games tend to also fall off over time. these publishers are always cranking out the next new thing. some compatibility between games in their own catalog may prevent some customers from switching to another publisher. but... you also do not need nfts for that.
transaction fees on every trade…...
as everyone has already said that does not require or benefit from having nfts. the mcdonald's toy data gets hosted somewhere by mcdonald's and the nft links to it, this is absolutely no different from mcdonalds just having a database that says who owns the toys and letting others read that database. nevermind that there is zero financial incentive for either mcdonalds or the game developers to do that.
the issue is not any of that. linking accounts is no different than linking your nft to the game. instead of needing to link each game to one another, you link to the nft host. the issue is that the games cannot simply 'accept the nft'. if you get a hat in cs:go that does not mean you can use the hat in fortnight. or valhiem. or pokemon. or anything else. games are not plug and play, even ones that use the same backend like unity or unreal. the only way would be if you set up the game specifically to be interactable with other games on the same platform that all use the same underlying engine and system such that player avatars can transition between games. that's exactly what roblox is. if in the future all games are built the same way as roblox then this works perfectly as you intend. but for now, that is not happening.
if you need a metaverse api, the whole idea behind nfts just became pointless. the idea is that you dont need a centralized api service you reinvented a database with a trusted host
i have no doubt some indie studios will use nft technology but i would bet money no triple-a game or studio will because they are way too greedy to allow it. it's the same reason why i never believed in gamestop as a viable long term investment. the groundwork to send gamestop to the same place blockbuster went has already been laid, second hand sales of games will be obsolete within 5-10 years as everything moves to digital download through digital marketplace. playstations will only be able to get games from psn store, xbox through microsoft store, pc gamers via steam, switch through nintendo store, etc etc. apple is fighting epic to the death to block epic from cutting out apple from ios fortnite sales. apple wants a 100% walled garden where all sales for apple devices gives apple a % cut of that sale, no free trading of apps. look at all of this through the lens of maximizing profits and then you will see why nfts make no logical sense in the current economic environment. i do not necessarily agree with it, i think it would be cool as shit to be able to use skins across any games i own, but the reality is that would never be a thing so long as these studios can make an extra .
what do you mean? if you pin something in ipfs it is hosted in multiple nodes and is not removed with garbage collection.
well, maybe, if the powers that be actually wanted us to resell their tickets for massive markups. like blockchain voting, tickets are a solution looking for a willing market, and so far, so many rock jpg's, and so few concert tickets...
a public blockchain does not allow for this any more than a private blockchain, or any other private database. it just makes it more resource intensive to maintain.
there is a difference. mcdonald’s could change the ownership of anything in their database at any time, ruining the use of the collection for everyone who spent the time utilizing their data. and mcdonald’s is incentivized because they can get royalties as nfts are traded and game developers can draw in an audience they might not otherwise reach. none of this is guaranteed to happen but your opinions are close-minded.
only if other people choose to host it. you cannot quarantee that they will.
> mcdonald’s could change the ownership of anything in their database at any time, ruining the use of the collection for everyone who spent the time utilizing their data. sure, just like they can change the storage of what's at the locations the nfts point to. it's exactly the same. in both cases mcds needs to maintain a database about the toys. in one of them they have to implement nfts alongside that database. in the other they do not. it's simpler to do it without the nfts.
you sure? documentation says if it is pinned it stays. regardless, there is other chains. arweave for example is permanent storage.
it doesn’t matter what the nft points to. all that matters is that a certain person owns the token with id x. that seems to be a huge point everyone who doesn’t get nfts doesn’t understand. sure a website may thisplay some image contained in the url in the token. but the value in nft is the verifiable digital proof of ownership that anyone in the world can check and rely upon. mcdonald’s could go under and try to fuck over all their nft holders by changing the picture at the url to a dick pic, but it doesn’t affect who owns the token with id x and it doesn’t affect anyone else who has decided to grant benefits in their game. how much value this provides is debatable but most people do not understand this and a lot of things about nfts.
no one can edit the ownership data once it is written to the block chain, unless the owner transfers the nft (or the nft allows someone besides the owner to do things with it, but i'd hope consumers wouldn't engage with issuers that use such practices). yeah a single game's written to the blockchain or by changing how they represent an nft in their product, but they would only be impacting themselves and not every other game. if mcdonald's owns the database, they alone can impact everyone.
it stays as long as at least one node that hosts it stays online. how long do you suppose that is going to be unless they are paid? you clearly understand nothing of how these things work. if your data is stored somewhere, you have to pay for that storage. somehow. no one else is going to just magically keep hosting your nft, or any other ipfs hash just because 'it is in the chain' unless it makes them money. if no one cares about your nft, no one is going to host it unless you pay them. edit: what is likely to happen is that some nodes on the ipfs chain will host stuff for a while, then take it offline, wait til it thisappears from the network, and then 'offer' you to put it back online for a reasonable fee. so yeah. there is value in the chain. your money.
> but the value in nft is the verifiable digital proof of ownership that anyone in the world can check and rely upon. it's not really possible to put the full data of the item in the nft. surely you know this. many of these things are multiple gigabytes or more. there is no design suitable for handling that storage.
right, but ipfs (and arweave) thistribute content amongst nodes? >edit: what is likely to happen is that some nodes on the ipfs chain will host stuff for a while, then take it offline, wait til it thisappears from the network, and then 'offer' you to put it back online for a reasonable fee. this is you speculating based on nothing.
you misunderstood. nfts make it so the linking company can’t affect everyone. that’s the difference.
>right, but ipfs (and arweave) thistribute content amongst nodes? they can yes. but you can only pin your ipfs hash on your own nodes. pinning it on your nodes does not make it permanent on anyone else's. initially an nft might get copied to several nodes, but over time those copies are going to thisappear. the only way to ensure your property does not thisappear, is to control it yourself, and that means paying for a server. >this is you speculating based on nothing. apart from a basic understanding of money & human nature.
i think many ppl forget that he was very much against crypto for years and years and only just recently changed his tune.
gotta be honest, musk vs the chads of bitcoin twitter is pretty fun to scroll through...
can elon just hold off on these tweets until wednesdays. i get paid on thursdays and i can’t buy these dips!!
i might be wrong but anyone who panic sells because this lunatic tweets something, should not have bought shit in the first place.
why is he he attacking bitcoin so much if he owns it?
lmao what the fuck is going on i open up my coinbase and everything is red. is elon the only reason for this?
bitcoin is centralised and gives one too much power but being already a billionaire, claiming yourself as the father of a coin, and basically controlling how it works, and using your position to shit on the dominant coin is not too much power?
nodes are what keep bitcoin decentralized not miners. nodes are what enforce the rules and if some bad actor gained control over a majority of the hash power then nodes would just reject the blocks and wait until another miner submits a valid block and they would collect the block reward and network fees. this is why it is such a big deal that bitcoin nodes can run on a raspberry pi using a basic hdd. essentially anyone can run a node and ensure the rules are being followed.
his legal guardian should be fired.
so he is a angry...
this is actually good the more bs he says, the less his tweets will have any impact in bitcoin in the future,thats how i see it. keep the bs coming elon ' edit: anyone remembers elon and jack ma talking about ai? elon today is being the jack ma of crypto 😂
if bitcoin is "centralized" i wonder what other coins are... hyper centralized? ' it's getting ridiculous at this point, starting with his "100x speeds, 1000x lower transactions, 10x bigger nodes"
best advertisement for bitcoin ever.
elon proving more that he pumped and dumped bitcoin for teslas books...he was all for btc a month ago.
bitcoins "highly centralized" as opposed to him and 19 other people owning 50% of the entire do-ge supply... bitcoins "dirty because its proof of work" as opposed to his fav dog coin thats also proof of work (the network power usage has gone up 300-500% since he started endorsing it too) and hes acting like l-t-c isnt highly centralized in china (thats how you mine d-oge, you mine l-t-c and it is payed out as a byproduct)... it has the same level of centralization as the rest of them... kind of makes sense when china has cheap power, either is the manufacturing source of all these components or is located very very close to them, and when you consider that 50% of the worlds population lives within 2000km of beijing might have something to do with how 50% of hash power is also in the region... i agree, hes a grifter
he obviously knew about the energy consumption and the high fees before he went all in on bitcoin a few months ago. this looks like he just wanted to buy it, jack up the price with his comments, then sell. and now he’s just giving a few “fake reasons” to explain why he sold it all. it was a pump and dump.
lol i always thought this guy is crazy but not stupid. not too sure anymore...
now he looks like an attention whr who got some signals from "friends" and tries to make it look like he was the reason of this dip
the whole point of crypto is solving the problems surrounding fiat. saying that he knows how traditional "money" works does not in any way make the point that he knows how crypto works. the opposite in fact.
bhahahaa. elon the puppet. say what they want you to say 😁. where is the engineer? 🙈
& to think that this guy is racing to 'save humanity' on multiple fronts through his companies...hahaha. it's funny cuz it is tragic ... for all of us for anointing him as our savior.
i own 100 shares of tesla from 2016. it’s not a lot, but this fucking idiot is gonna make me sell
i just find it amazing he can bitch about centralization while getting a herd of idiots to gamble on a shitcoin. wild
dump dump dump i need to buy more bitch
didnt the bcash hardfork prove miners dont control bitcoin? but also this stratum v2 proposal looks interesting and improves decentralization
psycho elon is mining a lot of hate
i was an elon fanboi for years, now he is made an absolutely enemy of me. elon is clearly a megalomaniacal maniac and watching this youtube vid shows that he is a repeat offender who never deserved a penny of his wealth:
he genuinely sounds deranged.
bigger you become, harder you fall :)
so he invested over 1b in something he knew nothing about? tf is wrong with this retard. the truest of apes 😂
the guys lost it.
musk tweets are the new trump tweets
paypal sucks, it is part of the reason why bitcoin exists, we do not want paypal, we want to get away from paypal
why are people listening to this complete tool and dumping? what a messed up world we live in.
thinking that bitcoin is controlled by miners is literally the dumbest fucking thing to post on the internet. way to show he has 0 knowledge of crypto and can easily ignore his obvious market manipulation. while i'm annoyed by the post this helps confirm my bias, that bitcoin is easily worth more than 100k a coin and this fucker just wants cheap bitcoin. because he is probably not this stupid. but the sec cannot prove he is not stupid. lol what a time to be alive.
we don’t need him in crypto.
this guy so fucking annoying. for a smart man why would he kill off his product. i mean anyone buying a tesla most likely owns some crypto in the form of bitcoin.
i’ve always thought very highly of him, btc or no btc. however, the behavior of late seems quite unhinged. all of the resources that go into making a tesla, the oil and gas product known as plastic + rare earths all have a massive footprint. hypocrite is somewhat accurate, but charlatan is spot on. how thisappointing.
so puzzled…looks like it is time to smoke up and click, it would be either buy or sell bitcoin…😂
just block him on twitter. honestly this guy is delusional at this point.
lol i love how fast this sub went from sucking elon’s dick to hating him
never seen someone with such a thick wallet have such thin skin.
boy is my opinion of him changing rapidly. don’t understand why he’s so butt hurt all of a sudden and feeling the need to go on this pointless crusade
elon losing his influence, selling it for cheap (yea, maybe for a billion of profit in fiat, that a lot of money for reddit users, but not for him). or even worst, he is just a dumbass and has no idea what he doing. and who knows will hodl or buy the dip, but a lot of his fans will lose their money. he acts like a swindler. and people will remember it.
on the topic of miners, how does your daddy's slave operated emerald mine doing, elon?
his tweets remind me of trump's.
it’s becoming really hard to like elon right about now...
i would love for him to dump his btc. more for us poor folk!!
bitcoin gonna reach highs again buy
i hope he just sells everything so we can leave this phase behind us. i had plenty of respect for elon before he started interfering with bitcoin, but that has long gone. what a thisgrace of a human being, i expected more of him.
:ddddd what an idiot. i love it, now nobody can take him seriously about crypto.
i’m done with tesla.
fuck elon! i’m sick of this ego maniac. selling all tesla shares this week and buying btc and gbtc. fucking crook getting filthy rich off the tit off government handouts aka renewable energy credits.
everyone in this thread should probably read rebuttal and summary.
elon is bipolar and changes his opinions constantly
elon wasn’t even involved in paypal. he had a failing company called x.com and managed to swindle confinity a successful company into merging with x.com. he became ceo due to the majority shares he owned which came from his mummy and daddy bankrolling him. he pushed against confinity rebranding to paypal and was voted out a year or 2 before it officially became paypal
the fact that one man can swing a +/- 20% kind of proves how fucked up this whole thing is.
anyone else think elon’s twitter is going down the same path as what trump created? some people just aren’t designed for social media or it’ll end up hurting them much more than helping.
if you do not think elon and his pals are making a fortune by manipulating the markets, you have not been paying attention.
did he accuse the rescue team of the flooded chinese miners of being pedos too?
hahaha love this! bitcoin google search is trending again thanks to idiots like elon 😂 he just mad cause btc is getting bigger than paypal, tesla and spacex 😏
ah so that’s why it had a vertical dip today man fuck elon
typical. elon buys bitcoin, hypes it up. sells it then calls it fraud, then buys the dip
so what if the hash rate drops? others will pick it up won’t they? isn’t that the beauty of it? zzzz
this guy is tech donald trump and i hope has has a squall fall from grace.
he also knows more about mines, that is for sure. specifically apartheid regime emerald ones.
this elon phase of ranting me reminds me of kanye twitter rants. bless we be to have access i guess
lol he’s gonna short btc just out of spite
lol did not he buy into paypal after it already had a good product? and then take credit for it? like... exactly what he is doing now with crypto?
go fuck yourself elon!
well i was looking at tesla's to replace my toyota ,now i think i will buy a 5 l v8 mustang with fuckmusk plates
i hope that bitcoiners can also see elon’s true colors outside just crypto and realize that his mars bs is absolutely riddled with nefarious motives
actually he has gone from hero to zero
elon is just a spoiled spacekaren, cmv,
elons family and mines do not go very well together
when elon said he knows a thing of two because of paypal, what he really said was, i represent centralized wealth and the federal reserve as i am in tight with them.
[ square's cfo reportedly says the company has 'no plans' to buy more bitcoin ' i think its more a government order
musk cashes checks from the pentagon. that's all you need to know.
this man is a master manipulator
miners do not determine consensus-- nodes do. bitcoin is decentralized, he is just either ignorant about how bitcoin works or has an agenda. probably both.
he's right. bitcoin is too centralized. i actually own all of the world's bitcoin. every "transaction" is sent through me. a man in laos sends me an email, then i ~~loan~~ send the recipient some bitcoin. that's all my handler will allow me to thisclose. it's not so bad. i get to share a room with elvis and princess diana.
elon can go eat a dick with mcafee, then he can claim to the world that the dick eating was his idea...
that was not one mine. that was the ccp shutting down all mines in the province for "checks" after the mine accident. still china is a big country with big chunk of the hashrate. which may or may not be a problem. i think the situation is improving as us and others moving up in the game.
i used to adore elon, but this really exposed him as a dumb internet troll with either stupid tantrums or hidden agenda, or both. honey badger don’t give a fuck. piss off elon.
elon literally manipulated the market himself and he continues to do so with any other crypto he wants to pump and dump before he expresses "environmental concern"
he’s just stroking his own ego and manipulating the market. it’s actually hurt a lot of other currencies as well when you look at 30 days of returns. personally pulled out of crypto for now as the negative attention is hurting crypto.
he just played the system and still does not care about crypto.
i bought at , should have waited a little longer for the dip to bottom out but i’m sure i’ll net a gain in the long run
how can you support elon? down with tesla and anything elon
guys, i m inti bitcoin for a while... but wtf the guy is saying here. i always thought that the mining difficulty adjust itself depending on the mining power available. means less miners less difficult is the mining process the correlation between mining hashrate and price is still not clear, which one of the two is influencing the other. and on addition, do not see the rationale behind this statements saying that china is centralizing btc and controlling it with mining. the miners have costs to cover, they mine, get btc and sell portion of it to pay their operating costs (i hope they keep a piece as long term assets) but how the fuck can they control btc if they have to sell to cover their costs thanks elon, you are just proving you have no clue about btc
you know what’s centralized? elon’s reliance on twitter for communication. all of this could have been avoided if he had have written an open letter or blog post instead of a fucking tweet. whoever would have thought there would be a breakdown of communication when communicating in the most limited way a person could think of? all this from the man literally “trying” to invent ways for humans to communicate with each other in a high bandwidth manner.
autism speaks and tweets. here’s to another failed marriage
wow - fuck this guy ***for real*** now
elon musk is the new trump of twitter.
the beast has been awoken...
god fuck this guy
haha just because you ran a payment network does not mean you know how money works.
at this point i’m pretty sure about elon’s agenda, feels like an act out of a playbook - manipulate the market to buy cheaper in whole profit from news he will drop thereafter. 1) let the world know how bad bitcoin is due to its reliance on non-renewable energy sources 2) educate the world and public how “centralized” btc is due to its reliance on chinese mining farms 3) announce how to save btc from chinese centralization and environmental issues by offering solar powered miners (from his company solarcity) and announce the plan for a mining giga factory (likely subsidized) like the foundry ( 4) profit from so many perspectives!
i just want btc to go back up😬😬
can someone give this dude some milk of the poppy and take him to his room?
that's not what decentralized means.
is there a line somewhere waiting to punch this mf right in the throat?
“destroyer of shorts” if you know you know.
he keeps messing around and the sec is really going to be after him, there are several stocks associated with crypto that’s being affected right now
isn’t it the same tune he was singing when the miners didn’t want his stupid submarine? this guy is so fucking cringe it physically hurts.
we really need a sub on setting up a class action on elon’s actions. btc is not governed by the same rules as the stock market, but we may be forgetting this is an international asset with different rules in different regions. if he had done the things he’s doing on a stock he would not be going to work tomorrow.
elon has gone full child mode
so let me get this straight...guy buys several billions of dollars worth of bitcoin, then takes a complete 180 a month later and decides that bitcoin sucks and is super centralized and won’t work... i didn’t even realize these levels of retardation were possible
is he trying to get murdered? seriously. he soon will not be able to go out. not from me. but from an american that lost his fortune over his posts.
elton is having a breakdown
he sounds super butthurt
the guy just learned about bitcoin's energy consumption yesterday and now hes going r.
so basically he had insider info, sold. helping with crashing the price so he can buy more to pump again. cool
not really decentralised when elon controls the whole crypto market.
was planning on using my crypto money for a house down payment... idk how that is gonna hold up in october...
yup, the english language is officially dead. btc, on the other hand, is not.
wrong move elon musk...
what a fucking douche
people do know he didn’t create paypal right?
meh, the funny thing is that none of the fundamentals changed for better or worst. it's a good thing for those in the business and hodlers that paper handed newbies are dumping . . .
i don’t know anything about cryptocurrency, but i know that elon musk is a prick.
it’s as if 2021 needed a villain and elon stepped in to fill those shoes.
the crypto community that have tsla share should all dump it. we do not need him.
the trump of crypto
just sold my tesla stock at a loss, for those sweet, sweet btc gains.
what is coal mining as to do with btc mining? 🤔
trusting in multi millonaires was never a good idea guys...
elon has lost all credibility to retailers, next time he has a hissy fit hopefully the bitcoinsphere won’t crumble
just going on record. i hated elon before it was cool
a single person tweeted, and price of bitcoin dropped. sound decentralized to you?
yeah and then paypal’s board of directors fired your ass and appointed peter thiel as the new ceo to save the company. he actually took the company to ipo.
the whole thing is happy for me. i buy via the australian app amber. which is a dollar cost averaging app i.e. i buy a small constant value of sats at the lowest price each day automatically, plus purchasing a chunk automatically at dumps below 7% and auto selling chunks at pumps above 10% (within 12 hours) it takes the emotion out of it which helps avoid stress. when elon started hyping, my buying power dropped by 50% which sucked. sure i sold a chunk during the initial pump right at the start, but the climb after was never that sudden and suddenly my roi started dropping. now that the hype is gone, i'm picking back up all the sats i sold at significantly less than the pump price, my daily buying power has gone right back up and my roi is stabilizing. i much prefer a steady growth curve to this speculative up and down. even with all this silliness my bitcoin roi is over 50% anyway. my next closest investment is my raiz eft portfolio at just over 16% so bitcoin is massively outperforming everything else i invested in by a factor of three at minimum - i do not understand why people are freaking out?
why did you say you would take it as payment for your shitty cars a few weeks ago, then last week you stopped but only after your brother unloaded a shit ton of stock and only after you manipulated? weird!
guys at this point i'm pretty sure that elon is either a) trolling, b) under the effect of potent drugs. the fact that hash rate went down 35% only allows more players to get into the mining game. that's real decentralization at work. initially it was just satoshi, then hal, then others, then institutions, etc. and hash rate went up and down every time so that more and more people could get in. rings a bell? that's exactly how power got thistributed throughout time. monarchy -> dictatorship -> oligarchy -> democracy -> direct democracy -> ..., same exact thing, with the occasional (expected) rollback. that's fucking evolution right there.
it hurts so much being a bitcoiner and a tesla stockholder right now :( i usually simp for elon but this just am not it chief
it’s sad that toxicity of this community is driving many people away, including elon. in this sub, you are not allowed to ask a genuine question without being talked down
so many butt hurt comments about elon and crypto, get a life and stop worrying about speculation every damn day
he’s pretty out of line with all this. to the point it doesn’t bother me… it’s just a shame. it’s like not even the same person. maybe some bad mushrooms 🍄
remember a couple of years ago, when those thai kids were caught in that underwater cave and a couple of professional divers risked their lives by diving in that narrow flooded tunnel to save them? apparently elon saw that as a nice promotion opportunity for some kind of small submarine. the divers rejected it, because even a single individual would have trouble making their way around those flooded corners, a mini-submarine would be impossible. elon got angry and called him a 'pedo guy'. that's where i jumped ship. disgusting guy.
how about him starting a war over lithium
this guy is such a piece of shit
damn! looks like he is losing his mind.
uneducated ego hurt man
elon is a tool. everybody in the space should genuinely denounce him whenever he speaks crypto. he is a cancer for the space.
seems short-sighted to invest .5b to make , only to burn the bridge a few weeks later. or maybe he realizes it is there is no consequence to manipulating btc so tesla can take hundreds of millions of dollars from investors to make his bottom line look good, then crap on it to pick up some more to repeat the process.
man this guy is so on his own dick
elon is high on his own supply, his assburger just magnifies it.
he’s an idiot. entirely chilthish about all this. lost all credibility in my eyes.
can anyone verify his statement about bitcoin is centralised? how can a single entity of miner in china shutdown and brought down 30% hash rate? is it true? that seems centralised to me.
bitcoin has been through dick bags like jamie dimon and peter schiff. it will get through elon too. these cult of personalities are temporary.
what a fucking idiot. if you think along his logic, then bitcoin is 100% centralized, because it is hashed just on earth and held by humans! humans can do a 51% attack at any time! when will the vulcans come and decentralize the hashing power to ceti alpha 4!
someone explain the link between the coal mine collapse and bitcoins hash rate?
honestly at this point i dont understand how even non crypto people could like this, he is clearly using his wealth and power to fuck with the markets and push them around. people need to stop listening to his tweets, i have never been able to understand why people care so much in the first place. crypto is for the people ... not the fucking corporations. like great if they accept and use it but who cares about their fucking views especially when they are so obviously trying to manipulate the markets with absolutely no regard for the every day person.
musk is using bitcoin gains to show profit on tesla’s income statement because they lose money on each vehicle sold & ev credit sales are going away later this year. you think this grifter had an epiphany after bitcoin went up 100% & realized it’s an energy intensive network??? no he used it as a pump & dump scheme that is self serving & will do it again to the detriment of the crypto community.
this guy is showing his true colours as being a fucking idiot
well is he wrong?
lol, the same fucking man who downplayed covid 19 to up tesla stocks so that he could up his bonus while the frontliners and the patients suffer, he is nothing more than a narcissist market manipulator.
i mean he’s not wrong about china and bitcoin mining.
bitcoin will succeed regardless of elon musk. stack sats
wtf is this? how can he accept btc and support it before and then all of a sudden say this shit?
: sell please all teslas bitcoins you not worth 1 satoshi :-) what a scammer.
it's not that he is not smart, it is that he is thisingenuous in the eyes of the general public now. what else is he going to completely flip on? who is not going to second guess everything from this guy now? people will see this action as playing games and power tripping. "papa elon" is going to be throw around with less exuberance. it's not impressive that he is "making fair points" well after his adoption has taken place. if it is planned, it is very manipulative. if not, it then it seems very erratic and odd. genius or not, investors and regular folks do not like flakey, double-cross behavior. maybe the genius asperger's guy is enjoying his "game" too much to see this. he now seems deceptive and not really someone regular folk are going to appreciate in the same way. i was a big elon fan. cybertruck on pre order. space x fan. stockholder in all his companies. now i feel, well just icky and used.
this fkn idiot is getting everyone to sell
he needs to go to jail. i do not buy that there is no reg that addresses what he is doing, i have work in fintech risk for 15 years. i can think of a dozen. he needs to go to jail.
to everyone selling because of elon: good riddance! 😂
how is actual mining related to bitcoin?
hello cunty elon, fuck paypal and anyother shit payment site you helped create or are reffering to. sincerely a million hodler dicks in your stupid ass.
i dont want bitcoin tied to tesla, musk, or any specific company or individual so im glad the musk decoupling is happening sooner rather than later.
guys nothing has changed about bitcoin other than we learned our lesson about letting one person try and be the spokesperson. this is a community operation not the elon show.
good maybe now his tweets will stop having such an effect on btc
what does he even think centralized means is the real question i got
fuck you elon you douche prick. how are those hair plugs going prick.
billionaires getting triggered by dudes on twitter? i've seen it all...
i'm experiencing secondhand embarrassment for elon. imagine being so confident, yet sounding so dumb.
well, what else we can expect from a guy who calls himself a “imperator of mars”.
wait...he knows nobody actually mines bitcoin like in the ground, right?
a major factor people are ignoring is the fact there was huge blacklash from him green tech fanbase. even the hardest of his fans on site like [electrek.com]( [cleantechnica.com]( etc. were speaking against his decisions to use bitcoin. this was a big hit: [
this really shouldn’t be about him anymore
if it is in occupied east turkistan (aka xinjiang) then it is probably slave labour from one of the the concentration camps that the chinese communist party has installed to ethnically cleanse 6 million uighur muslims.
musk knows how to make money. he knew his one tweet can make crypto go to the moon. he invested when it was low, tweeted, crypto touched the moon. he made this money pulled out and now he is ready to go to mars. (
the musk fam is known for compassion towards miners
is elon having a manic episode?
these posts just show that he does not know what he is talking about
elon is a hypocrite and a douche. i’m tired of reddit constantly riding his dick.
ah yes the market manipulation guy.
the guy stole a brilliant mans last name in order to make his company relevant, the guy is a grade a douchebag of the biggest kind. taking advantage of brilliant people is what his business is about.
elon got all the normies to buy into bitcoin and drive the price up, now he is selling his share. too bad this behavior is still legal for crypto. if these were stocks he would be arrested.
anyone want to refer me on coin base and make ?
daddy elon has spoken!
unpopular opinion: musk is actually decentralizing btc to a degree. the price drop is allowing new buyers who saw . if btc is as strong as people say it is, one billionaires tweets shouldn’t be able to keep it down for *too long*
painful to see elon fall of the pedestal i had him on. makes me feel a bit stupid owning a tesla. just unfollowed him on twitter.
why are they mining shit nobody will ever fucking touch smh dumb shit
pretty sure the problem is not crypto. it's the source of power which is. solve that problem (which several green forms of energy production have been around for quite some time) and suddenly crypto mining is not a big deal.
elon musk was fired by paypal. doesn't really promote that money expert persona he is bragging about.
look musk gave his opinion witch is fine, although he did not support crypto 2 years ago. and i mostly agree with his arguments about btc mining, it cost a lot of electricity and its good that he brings it up and gives it more attention so he could help change te world in a better way. he did a lot for btc he helped growing the whole community for crypto. so what the price dropped a little we get back up there because we are a community and we grow everyday! so for the people who hate musk go ahead he does not care. what he wants is a better world. and i believe in that too!
dear elon , i won’t ever ever ever buy a tesla with my bitcoins at least is one satoshi thanks
yes! the tears, they are delicious!
# we might just start calling him butthurt elon
what about the precious metals his cars guzzle up? the kids who are digging up this shit? is he gunna consider that or is he going to keep his eye blind on that one?
say a very famous person sells (dumps);a large amount which drops the trust in said product which enables said famous dude to buy back at very reasonable rates . free money ! ! !
that’s weird what’s the end game here
funny to see you crypto nerds losing it over elon.
# where the genius man now ...who urges me to keep coins
i think crypto regulations will take place a bit later and then we will have a huge crash. im looking forward what mr dumb biden and the other creating to try centralize crypto
it’s old news already, tech always prevails
he has too much ego and now cant handle the hates he is getting. poor chap needs to learn to growup.
dude got fired from pay pal wtf? and was against crypto in the past. flip flopping ass elon!
he's having a full-on tantrum.
too bad he did not mention how fast new hash rate went online as those miners went down. but that wouldn't support his case, maybe he will find another coal to gas conversion plant to smear.
damn, elon has totally lost his mind. he is human, after all. i hate twitter but am going to create an account for the only reason to jab musk. hope he is got some thiiiick skin cause he is got an army coming for his virtual head. elon 'shyster' 'paper hands' musk no coincidence he and 'paper hands' dave are bff's.
maybes we should mass report him and get his account deleted
it's possible to "know more about how money works" than the average human, and elon clearly does - he recognizes that it is a religious metanarrative. a reification. in other words, "bs (bullshit)" when it comes to the problem in itself. a thistraction from the horrors produced by recognizing the problem for what it is. it's clearly also possible to know this and to still fail to recognize that btc treats the value-symptoms better than anything else around. elon clearly knew this at one time, but seems to have forgotten that.
bitcoin is decentralized bcs just like gold anyone can buy it and there is only so much of it. it has nothing to do with mining. musk is a cunt who balances on fence, trying to be pro. just like any politician.
i did not want to...but now i hate elon
1. funny how a guy who makes all his money off gov subsidies and even sells the credits to gas producing car companies has never to talk about environmental issues with btc. 2. funny how the smartest minds in world at tesla would buy 1.5 billion in btc then turn around and realize the environmental effects after buying hmm 🤔 3. funny how even a 1.5 billion transaction would affect a 1 trillion market that btc is 4. funny also how insignificant tesla buyers using bitcoin would be. how many people buying tesla would even use bitcoin a small amount is the answer! 5. also when he talks trash on the application and using btc compared to pay-pall which is his creation too it misses its mark too. paypall uses dollars which have to be exchanged if you want to travel in say euros or yen and so on. bitcoin is universal regardless of where you go. and we compare it to dollar elon is what you want which is the us economy? and how does the us economy get most of its wealth? its a consumer economy that has to import everything! mostly through having to exploit cheep labor in china asia and africa! and what do banks give us 0.05% in the usa or even negative in some western countries! as banks can leverage our money 100 times over even? is that the perfect system you like to speak of ? i guess it doesn’t matter to you elon you have been enjoying our tax dollars in subsidies and it doesnt matter to you inflation and taxes affect the average citizen more. its not like countries with sky high inflation bitcoin is used and in high demand like venezuela 🇻🇪! no trust your fed backed dollars are safe secure and you dont need any alternative.
it's not about manipulation or taking profits... elon is a child with too much money. he is just trying to prove to the world that "he has power to do something" like chaning the price of bitcoin, or when he wanted to be the saviour of those kids in the cave (and got pissy when he was called out for his 007 mini-sub bullshit). the fact that we pay him that much atention just makes him feel he is right.
i think he is going to have lost a lot of respect from a lot of people after this. from so many angles he is proven himself to be a pile of shit. i know on my eyes he is been reduced to far lower status
n is a business men, and as a business men we should take the things he says pretty easy. next time he tweets something please do not buy
hmmm... paypal - that was that thing that banned bitcoin in 2010. vaguely familiar
paypal - that was that thing that continually banned people it "caught" exchanging crypto, right? vaguely familiar
i blame x æ a-12.
it is funny how he worries about workers and the environment. his new mega factory in germany seems to cause serious water problems in the region and the working conditions of the builders don‘t seem to be too good.
this guy needs to wait until payday so i can buy these dips
musk is just a puppet for the banks so they can get in with a huge thiscount. weak hands lose.
i don’t know what to believe anymore 😂 but my strategy is 401k style every week contributing as much as i can no matter the price on all the coins i see future in. for a few years and see where i’m at 5 to 10 years from now. i can’t time the market and i can’t get to attached and emotional
hey who wants to bet we're gonna see a *"totally decentralized"* dead coin coming from elon in the next couple years?
i really hope something bad happens to musk
does he think that bitcoin miners in that part of china were using coal from that mine? does he not know that when that mine flooded, china shut down the power grid for the entire region, not just that mine, cutting off miners who were actually using hydro? why is elon so msinformed about this???
stop making idiots famous
i'm buying more as the price goes down ! let's go baby !
the truth and it hurts to 1 btc to usd price
he is worst than bill gates
i’ve never liked elon musk. so saying i hate him now is pointless. tesla is an exercise in government handouts. i will enjoy watching his reputation sink as the clown is revealed.
electric car companies kept going bankrupt over and over. let one company monopoly is bad for the industry and consumers for long-term. toyota and tesla crossover partnership is a thisaster.
correlation is not causation.
can someone explain how coal miners in china are related to btc mining? i always thought btc mining was 'solving difficult algoritms using a pc'
hedera is the way
it’s sad, but he is absolutely right.
i guess lamborghini number 5 will have to wait a bit 🤣🤣🤣
should of bought some gold...i bet elon did
is no one looking into the validity of his statements, or are we all just blindly hating musk over some tough love opinions?
fuck elon, bald fuck
i don’t understand his post. how is it centralized? when mining is over what is he going to say next? lets be real. this is all about his profit and funding his rocket shooting.
woah, woah, woah - hang on a second. whether you love or hate musk, the truth is that he is not really behind the economic success (or any of the success) of paypal. he profited massively from it through a series of company mergers and acquisitions. paypal was a subsidiary (fact check me on that one?) of a company that musk merged his own company with. it was actually started by peter thiel, musk gravitated toward paypal because it was superior to a comparable system that his own company had developed. he basically made his money by investing in it, not by operating it. i'm not bashing the dude, he might be right about bitcoin or he might not - but come one guys. he's not paypal by any stretch.
now it a safety problem? nodes secure the network. mining hashes the transaction. we are investing in a world value and finacial system. flood 100k of miners then it will adjust automatically and continue on. kill china mining. very little impact long term. do some soul searching. nothing is free. you should know that.
someone can swing crypto prices this much with just one tweet, this thing is fuckd up
i don’t know but that bitcoin miami convention was embarrassing as a crypto investor. bunch of whack jobs there.
im pretty sure mining will decentralise long term. the more successful bitcoin is the more expensive mining it will be as anyone with a solar panel is incentivised to power up a rig with excess energy instead of selling it to the grid. replacing heating with rigs will be a no-brainer at that point. solar panels and old computers that would be thiscarded will be 'recycled' to keep producing electricity and bitcoin mining anywhere there is space, even going to 3rd world villages like mobiles today somehow manage. blockchain fees will always be up to market forces but when rewards dwindle to 0 there is no stabilising influence for to reduce the volatility of a business' profits. fees will get pushed up as a result, especially as 8 billion people all begin to make use of it, but they will be volatile and when everyone with cheap energy (and technology advances make it increasingly available) can earn pocket money with mining their margins will get thinner and thinner, doubly so as 2nd layer solutions start to take more pressure off.
he truly is stupid as fuck. it's insane that some people think this dumbass is a genius lol
i hope he sells every damn bit of his bitcoin. he does not deserve to own it.
elon has mining confused with nodes. it's possible that a giant farm could have dropped the hashrate by 35%, but that does not mean they had 35% of the nodes. the nodes is the duplicate data that is stored, decentralized by computers all over the world. each mining farm will have far more mining machines than they do nodes. the only purpose to have a node for a miner is to have a nearby access point so you can send and receive jobs faster. he's a 120 iq born into a shit ton of money and nothing more.
he's gone full retard.
why is this ouch? he’s a stupid piece of shit. why do you care what some asshole says? and why the fuck do you post everything he says as if he deserves the attention? grow up
bitcoin prices are centrally determined by musk’s posts or tweets and it is called a decentralised currency... 🙄
unpopular opinion: he's not manipulating anything, he is tweeting opinions. or if you ppl insist it is manipulation, let me ask at what number of twitter followers is one supposed to halt all mention of crypto?
bitcoin will be fine. btc got to 50k without elon musk. it will get to a million with or without him. he has his own opinion and because of that, i will not purchase a tesla s.
to be totally honest here... that "china mining dump" scared ta phuck outa me too...i did not sell...but my finger was on the button. so...at least... now we know ta real reason... me thinks elon"giant solar bitcoin mining farm" in nv ...
y’all are so heated it’s hilarious
he really called this chain of 25 well thought tweets obnoxious [ just focus on your company elon or take some time off twitter, you're losing it 😂
someone should remind him he was fired from paypal because of thisagreements and micromanagment.
tweeting like he cares about coal mine workers, but doesn’t give a shit about his own employees.
we should really thank musk for doing us a solid. for years now there’s been this lingering shadow that mining was bad for the environment. but now he’s basically forced all the smart people to actually push some proof that crypto isn’t toxic. in the end it’ll be better for crypto, and there will be all that proof of how clean it is to throw at naysayers. big picture time.
elon is a piece of shit
i mean he is right by the fact that "bitcoin is slightly centralised because of the large mining pools". if the 3 biggest mining pools combined, had over 51% of the network, they could therefore have most of the control on bitcoin. this is one of the problems that proof of stake resolves... well kinda, because then again, if somebody bought most of the coins from a pos cryptocurrency, it would be the same deal. except it is less likely to happen.
he's slowly turning into trump...
in 2021, to make money you have to follow the memes. for that reason, i too am out.
he is right you know.
sooooo...nobody on the thread here seems to be addressing what elon said. rather, everyone is crying about some sort of imagined dagger in their back.
love it !! hé is speaking facts !! people are just to invested in bitcoin to admit it!
he is touching himself from getting all this attention
this only confirms that he does not understand bitcoin. not what it is, not how it works, and not what it means.
as much as i hate elon for causing me a lot of money recently, he is not wrong... bitcoin is just being manipulated. the technology bitcoin help to bring to public’s attention will go on and define the next stage of humanity, but bitcoin itself needs to step aside and stop being a side show clown. the reality is that bitcoin served its purpose, now it just needs to go quietly with dignity.
he went full retard
that ok. i just backed up the truck (relatively speaking for me) at .8k. thanks for the thiscount elon!
bro this dude is nothing but genius. how the fuck he manipulating btc like that.
[ contact nys reps and demand this scam artist be held to account.
so he wants to create a crash before selling? weird but i take it.
so... he is still spindoctoring narratives to the followers that have overinflated his social importance, to the point of being ...centralized curious how he criticizes bitcoin not being decentralized, while him being very comfortable being the center of opinion in the crypto space my two-cents: a) he wants a lower entry price b) everyone stop the hero-worshipping of the man, the more attention given to his rhetoric, the worse he will get
watch jack dorsey kick him off twitter for market manipulation 😂
2. no it doesn’t sound decentralized as it was intended.
can anyone tell me how he is wrong about the centralized bit? a single coal mine going down dropped the hash rate by 35%. that's nuts
unpopular theory: elon is in trouble with the sec again so he is running his mouth on twitter to make it seem that he just says crazy shit on this topic all the time and is not intentionally manipulating markets somehow while ceo of a public company
bitcoin is the only reason tesla was not in the red last quarter.
when elon says something bad about bitcoin i log into coinbase and buy. if btc price is going to be effected by one persons trash talk then it isn’t so stable. the way to stabilize it is to buy when he opens his mouth. here’s to hoping the short sellers take down tesla.
oh you mean like him with his tesla shares or him with usd? weird hypocrite wish he’d box for cash 😂😂😂😂
what a child...all of us should’ve seen it coming given the way he propped up dog...never again give this lunatic any credit for anything.
god damn this dude is a narcissistic piece of shit.
he's always been a cunt!!! and now toxic to the crypto community. let's keep hodling no matter what, one man can not and should not dictate how the market moves by misusing his power💎💎💎💎🚀🚀🚀🚀
this is not just elon, it’s the classic wyckoff move. welcome to the rules of commercial trading.
i love this!!! xd musk bashing that, noobs are selling, hodlers are buying. thank you elon!!!
idk why ppl salty with elon musk like stfu already he made a damn good chess move and messed up alot of ppls bottom dollar. get over over. only ones sad are btc holders. they weren't complaining when he moved the market and got bitcoin. in all reality the ppl that complain and got shhh to say probably am not shhhit in real life. i'm holding btc too been for years. can't be made. he made me tons of money. stop crying about shiitt you cannot control.
“ever heard of paypal?” oh the company you used your family’s apartheid emerald mine money to buy out, and then run into the ground? fake ass bald ass con artist.
i like the idea of crypto in the abstract, but the giant environmental implications of bitcoin and rampant abuses invoolved has turned it into a shitty exploitation of what could have been. lets consider this a great pilot program and learn, revise, redesign and go with a currency that addresses some of the very real issues. you cannot ignore reality just because musk is a loonytoon
the crypto community is so toxic. glad ya lost money
yeah, the flood example is a case that shows it is decentralized. if a flood struck paypal, like that, it would be gone. bitcoin is still young. as it grows so will the number of miners.
there are so many bad takes in elon's tweets, it is kind of sad. he reminds me now of what bill gates was like in the 1990s: too cool for school. there was "no arguing with success" - in that, his success in some fields is blinding him to the realities in another. paypal is a payments layer with obviously delayed settlements, and most of its business is not technology per se, it would be more like square where the real issues are all regulatory. anyone could do payments if it was not for the piles of lawyers, bankers, politicians and unelected groups (fatf) that you have to negotiate with worldwide. bitcoin, the network, the protocol, is not subject to their negotiations and strongarming. sure, you can pick out some individual mining pools, pick on core devs, go after thought leaders in the bitcoin space, but bitcoin is separate from the outside world. "bitcoin" does not know it even has a price. it just chugs along. the outage of a coal mine in china is not connected to a drop in hash rate directly. what probably happened was there were floods generally, power outages, and while the region struggled with power, probably bitcoin miners did not want to be blamed and. and if you're smart, you could be in a totally different region inside china and take your hashpower offline to see where the chips fall - at least for a little while. anyway, power consumption and power generation are two different things. if china is going to license coal fired plants to mine bitcoin, that is on them for having the permits out there. it does not change the reality that renewable energy is the cheapest power. or that stranded energy (regardless of the carbon cost) is going to be super cheap. last elon is not asking why does bitcoin exist? it exists because governments are in a deflationary collapse against bitcoin's sound money policy. and bitcoin is globally available on the internet. and the wealth that is locked up or ready to escape the control of central banks and governments is enormous. twitter is quite a battleground compared to very very tame reddit. elon would have found more reasonable people here to explain things but he did not come this direction i guess. i do not hate musk, i wish he had been more thoughtful and asked better questions. like some roundtables with people with a brain. like "name 10 people i should talk to about bitcoin", we could easily have made him such a list. probably 80% of us would have five people in common on that community list.
seems hes been right. alot of follow the crowd types mad at elon but it was china that really fucked bitcoin... they own most of it anyway 🤦‍♂️
i think that his pr had hijacked his tweeter.
did all the money you made on gme thisappear with btc ?
"the us pentagon uses 250 million dollars a day in gas" lulz quote by max keiser today. well, i guess if i was getting 4 billion dollars in tax write-offs, to literally fool, and lie to the public, send fake cars into low earth orbit, or play fake rocket videos backward, which has never happened in history, could not happen, and also defies basic physics, as naturally the government does not want to take ownership any longer, or cannot in the wasted 600 billion dollar nasa program anymore; as al gore's "green program" netted him (b)illions. nothing new under the sun, as elon sides with war, blood fiat currency, old system of yesterday, (in the name of good faith) to the people and then in the name of helping mother earth. meanwhile, stealing the name tesla, which symbolized free energy for the commoner, while selling 100k to , as well as, secretly pushing for the elite, oligarchy, pretend system of green, as we have recycling centers, that cost people hundreds of dollars a year, but yet they do not recycle grocery bags, which people use tens of thousands of times a week, or hundreds of thousands of times a week nationwide, or batteries, or anything practical that we actually need to recycle, but we still pay out of pocket for an idea gore had -who predicted the ice caps would melt in the 90s? here are all the bread crumbs in one post, i apologize for the rant. people should know the truth, and now they will. 20. so even the sales pitch, and which the rhetoric he is using to shape his argument stems from falsehoods. it's easy to see through this nonsense. everything this guy touches is nonsense while derailing and confusing something beautiful for the commoner. just happened to be that the u.s. is the biggest nazi wernher von braun, who wrote about a person named elon who would lead missions to mars in the sixties and a book, who also wrote about the handiwork & the firmament on his gravestone, just as the hebrew had explained. does no one think that is just a coincidence? ...lol. the s*** is a script, people. the government literally pays him to do so. how boring. they just built the biggest bitcoin mining in texas, new technologies of course of solar and more natural things will be implemented, even the very rhetoric of fossil-fuel stems from falsehoods, hello and also bitcoin uses reusable energy? that does not even make any sense.
this is over just sell it while you can
he's 1 boat with jeffrey epstein and guillaume maxwell... fxck elon false flag from cia globalist...
he just ended this bull run lol
i still love elon
lots of butt hurt people on this chain, y’all shit on musk but i’m pretty sure he’s the most successful person alive rn 😂so who gives a fuck what you say you goofs lol
one of the most immoral people on the planet quitting bitcoin over moral concerns. juicy.
lol bitcoin loses 44k this bullrun is all but over. s2f and s2fx models broken, whale wallet inflows to exchanges spiked last week, etf will not be approved with shit like this going on, retail all chasing alts. this run is blowing up like a spacex rocket
ok. i want to just point something out. and i know... ill be brigaded with butthurt downvotes but here it goes. i believe in crypto just like all the rest on this sub. but it absolutely kills me to see random tards on reddit bashing someone who has arguably the most important brain of our lifetime. when you say elon musk doesnt know what hes talking about it makes you guys look stupid. this guy helped change how online commerce is done with pay pal. he has made electric vehicles mainstream. almost every vehicle company is trying to catch up to tesla. and he has single handedly renewed the push for space exploration making it financially viable with reusable rockets when 99.99% of you people on here couldnt even make a paper plane that flys straight. get real. o and i forgot. he has achieved being the richest man in the world...but yet...hes the one who doesnt know what hes talking about 🙄
he is 100% correct
elon is the ethison of crypto
he is right about btc being centralized but i do not want to get banned from this sub
doesn't this just speak to down resilient bitcoin is?
it his latest tweet he essential agreed that tesla would selloff the rest of it is bitcoin prior to its next financials.
hodlers will prevail. i would rather ride the btc rocket with my crypto crazies to the moon . let's go, buy more, and hodl!!! easy peasy...
sellout monday - beware and dont pack your bags now boys
who took a shit in his cornflakes
fine give me more
there goes my gains for the day lmao
dear elon: talk is cheap. sell bro.
remember jamie dimon, he said jpm would never trade bitcoin or other cryptos. well, he came around. elon will tuck his tail between his legs and change his mind. either way who cares
it is like he is doing it on purpose hmmmm sus
not gonna lie, that saylor moon joke almost made me fall my chair, was not expecting it.
thanks for the dip!
i read a lot of ignorant drivel today but this takes the cake 🍰
elon musk is the jack ma of crypto 🤣😆
stop posting his garbage lol.
paypal is decentralized? 😂
let’s be honest who sold their what? and put all in the dip
he better not talk about the mining pools
so is elon going to be the first to go to the ghetto and africa and start giving away crypto to make it another ground up movement to show what a great guy he is? on a side note, i guess elon is lurking on r.
are the thiscounts coming?
fuck elon. it's time to rally against this billionaire bully and prove him wrong. force him to fomo at 70k.
can he just fuck off? he's making a lot of people lose money. and a lot of people are hating crypto because of him. seriously, go manipulate your stocks market. leave us alone.
why is not saylor responding to this crap?
fuck you elon musk
sounds like grimes got a hold of his twitter
i have lost a lot of respect for elon in the last several months. the only reason he bought into bitcoin was to show up michael saylor.
f idiot that musk
i am so sick of this man.
this guy is an asshat
i’m really starting to hate this south african fuck.
damn... but you mess with the bull you get the horns
are these real tweets??
thank god, i switched to ada this weekend.
fuc... elon. he’s manipulates the market.
elon musk just did a speed run on gaining and then losing my respect after being fairly neutral on the guy for years.
i went to recycle some old plastic bottles i had and the price went down, sounds "decentralized" to you? ' i was ok with elon, but after todays twitter shitstorm i feel bad for him now...
elon musk was kicked out of paypal, before they took the paypal name. it literally became successful once he was forced out of the company by the rest of the board and leadership. funny he now takes credit for work that was not his.
scammer this sucker is
the guys a grifter
does he even know what he‘s talking about? lol
i hope china bans tesla just so elon shuts the fuck up
i have no idea how twitter works type some bullshit and you get a rewarded what ?
he wants to burn it all down if he is not in charge of it.
i can’t find the second tweet
how does it feel bitcoin maxi's?
what a jerk. i really hate this guy.
this is actually a anti bitcoin propaganda controlled by the central banking institutions. i bet e.musk is just an instrument. more antipropaganda will occur in the near future. but bitcoin is unbreakable!
a man does not have all the power!! we are more!
if btc comes back 42k we’re i bought 😭😭
he and other whales are just scooping up the dip while retail reacts and sells 🤬🙄
everyone needs to realize he’s playing the game... the stock market along with the crypto market is a dog eat dog world. in simpler terms, “don’t hate the player, hate the game” or better yet—don’t hate the player, become the player. ride the waves just like he does and buy the dip. decentralizing crypto is just growing pain of the crypto market. think about this...once starlink is fully optimized...elon can use his satellites to mine...making himself the central key holder of crypto.
to be fair, without tesla accepting btc, the run from 30k to 60k wouldn't have happened. right now the market is just shaving off that portion of the bull run. even at 40k, that is still an incredible value.
hopefully he and his company exit completely. we can take the lump and build back up and he is left with millions who will never buy a product of his.
get it out of your system you bunged up cunt.
i mean, elon is not wrong though. can't argue with the centralization point. many in the crypto sphere have been pointing to the centralization and energy usage issues of bitcoin since 2017.
there's no way this shit is real, wtf. i mute his tweets a while ago...
lack of humbleness on mr musk now. the paypal today sucks, even when both parts are honest we can still have issues, delays and accounts locked for no reason... sorry sir, paypal needs a full recall.
sheeesh, bitcoin maximalist are cringe af
the beauty of bitcoin is, it will survive this too. ...many come and go
gov clearly hodling the billions of gov contracts of this shills head
don’t be surprised if elon announces tesla is exiting their bitcoin position next…
nice to see all the braindead elon fans selling. sooner or later we will recover. blood in the streets, you know what that means
hyper-inflation has killed this centralized currency experiment imo. an experiment which was to enable the common people more economic freedom and control over their finances. if you got in early, or have the money then you're in, otherwise you're out. it almost seems like it really nothing more than a massive ponzi pump and dump. it's way too volatile for regular people to play. i have heard many arguments as to why the price is too damn high, anyone else care to comment?
we should all just short tesla.
🤣🤣🤣🤣🤣🤣 good for elon.
he's just an actor, check his imdb page. he's a front for darpa to assist in space weapons programs (spacex), surveillance (neuralink), and "a.i."(tesla).
he also invented paypal with his brother, who lives in boulder. again he is taking all the credit. what a douche
elon musk is in my opinion an undercover guy (a trojan horse) to destroy the whole crypto space as we know it. he is imploding everything from within
maybe i’ll be able to own a bitcoin one day. thanks elon for giving me hope!
why is he hating on crypto so much? there goes my tesla!
whats funny are all of these posts here(not in this thread) claiming elon's tweets have no effect on the price of btc. bs
elon needs to get back to whatever medication he is taken.
he's totally right, lmao. cope harder
did he deleted this tweet because it’s not on his account and i’m questioning if this is even real.
just trying to dip the price so he can buy more
and now bitcoin is falling in price and rh is doing “scheduled maintenance” and not allowing btc trades. lol. so glad i got out of rh when i did!
he did not found paypal, confinity needed a cheap bank because visa and mc were giving paypal issues and they bought elon's struggling bank to help them deal with the banks and processors. the merger was meh, the ipo was weak for tech companies at the time and them they were snapped up.
i do not like how everyone antagonize musk. it does not give him much room to respond well. people also focused on the >70% is renewable number...but how about the remaining 30%. i feel that musk was still on the side of bitcoin until people went to war with him.
so instead of trying to help decentralize it further and compete to create something better he chooses a weaker chain? da fuck?
he’s probably buying more right now, or his friends are
i this from today? something is deflating the market
he is such a liar it’s crazy -the animal is not to be trusted and he’s going to go in a deep hole when we all fight back and bitcoin goes to 100k
wow. im seriously in thisbelief of this guys complete thisregard for the damage he is doing to millions of people's capital 🤦‍♂️🤷‍♂️.
oh dear. he probably does know quite a bit about how “money” - the traditional financial system - works. no one is doubting that. but that doesn’t mean he’s an expert on the technical minutiae of how crypto works, which is radically different from that existing system. crypto, particularly btc-like coins, does have some problems that are preventing it becoming mainstream for day to day transactions. but he isn’t the one who’s going to magically fix them and he was rightly ridiculed for the simplistic “bigger blocks, more frequently” fix, which obviously is an argument already done to death over the last ten years of bitcoin history. he really needs a better “filter” between his brain and his tweeting fingers. there’s a pretty significant overlap between those who are interested in crypto and those that are the most enthusiastic target demographic for his products (tesla) and ideas (manned space exploration): young, educated, tech-savvy, upper middle class. he’s alienating a big chunk of his potential customers with this crap, for no good reason. i still like tesla cars, and am excited at what he’s doing to push space tech after decades of not much happening after the end of the cold war. but he is definitely a bit of weirdo and frankly not well suited for being sole ceo of these two very important and influential companies (or at very least needs some other more mature and sensible co-leaders up there with him, to help temper his impulses).
he is not the founder of paypal. paypal was founded by some other guys. what musk founded was x.com which was a poorly coded piece of crap which competed with the actual paypal. eventually the guys at paypal got sick of musk's crappy business tactics and just bought him out but did not use any of his company's assets. this is just another one of his lies.
the guy that made electric cars famous didn’t look into the environmental impact of something he was putting billions into. hahahaha! or, he’s a lying shitheel. hahaha!
what happened to the fun and memes elon, why soooo seriousss. dogger to the mewn el00n. derp.
panic sell all your bitcoin to elon now!
i hope wallstreetbets all sell, that would be epic. tsla looks like it is tanking over the past week and china are right there to sweep up the market with loads of new electric car companies.
if the top 3 mining companies teamed up they would have easily more than 51% of the network right?
while simps will continue to follow their elon god, there will be a segment of the market , shrewd enough to buy the dip every time this mofo opens his mouth and profit from his simp ass followers
did anyone see tesla's latest er, they are barely managing profits. china is already blocking them and other ev makers are coming up with better versions. we all know tesla is not gonna grow much. he is just pumping and dumping to fill the balance sheet. he might be successfull this quarter but he lost his credibility.
he is smarter than the most of us think. my guess is he knows exactly when to tweet. btc was bouncing on 48k support for a while and probably would break down. this way his ego thinks he is responsible for that but in fact only his timing is right.
he is mostly right. i don’t get why people are so butthurt around here. i hope you know it’s this kind of behaviour that make elon sell all his holding.
elon is trying to do to bitcoin what eminem did to mgk. "gotta give you a career to destroy it"
he is the modern mcafee
hey, everyone's entitled to thier opinions. elon included. doesn't bother me at all, ill just keep hodl because i believe in doing so. the end. i think it is that simple.
some 1% fud right there. bet he will be balls deep in btc in the near future. or he’s planning to make some tesla brand miner. either way he’s up to no good
how is teslas' stock compared to the crypto market rn?
at this point obvious troll.
elon has such a massive effect on crypto without even trying, and its honestly scary.
he made a fool of himself
elon “twitter fingers” musk
i wonder if elon is doing this to lower the price of tesla stock. right now tesla seems tied to bitcoin in some evaluation. monday looks like biggly red for tesla.
how hard is it to believe this is all for profit? hes obviously shorting btc and collecting more as it crashes.
elon has to poop too and you know he on reddit jackin it in the loo while f5 all these threads about him
[what i remember paypal best for](
i live red days
nobody needs elon, the krypto success will continue without him. but i m asking myself why i should hold my tesla shares and why i should buy such car when he is playing such games...
we elected a twitter troll president, why not stake the value of crypto on one as well. what could go wrong?
is he wrong though?
down 10k+ today how nice, anyways boys just hold
if he is so influential, why is not dog coin going up? just goes to show he is lost his power. read between the lines.
i think we need to create a campaign that’s bitcoin vs the elite. a lot of young libs already hate elon. get those types on board with btc
he's so full of shit and acts ecentric like he is special whens tax returns due in america ? he wants a few billion tax right offs
all the anger towards elon but not the fact that 1 man is all it took to.tank the coin. come on lol accept the fact that is fucked up and hilarious for a currency that claims to be decentralized 😹😹
btc to usd is centralised bitcoin itself might not be, but conversion to regular currency definitely is
my portfolio is great,he took bitcoin down a few bux,but the alts are holding up well,meah
oh yeah, paypal the dying money app thats being replaced by cash app and many others?
isn't tesla still holding btc?
what a clown... 🤦🏼
is anyone going to respond to his criticism or we just going to keep saying how much we thislike him ?
i love coming to this thread and seeing you cry babies cry daily about elon. keep it up it is great 🍿🍿🍿🍿
learn what bitcoin actually is
he is such an imbecile. was his twitter hacked or is this him trying to shill eloncoin in the near future?
blahaha where are all the elon fan boys now blahaha fools he is in the 1% club not the common mans friend. absolute fools
elon has a lot of time on sunday, or it is his assistant?
this guy keeps loosing everyone money because of tweets, and he is going to be about as popular as trump is really quick.
hey elon you need better cgi technology if you are ganna get your ass to mars investment in better green screens i think
what is this utterly incoherent mess?
why is he like this? didn’t he just have a baby? why doesn’t he live off his interest and just hang out with his aix baby.
straight up if you're hating you should spawn the next paypal & build rockets about it.
what an idiot! hilarious tweets
when the crypto market does not crash enough for you to buy the dip so you rant about bitcoin on twitter so it goes down more...
he’s right to an extent. mining is centralized in the most authoritarian place in the world. it’s not exactly “good” but at a certain point other miners would come online to compensate so it might not matter too much. but i certainly would like bitcoin to actually be decentralized. having china own the majority of the hashing power isn’t decentralized in my opinion .
i'll never understand why he has this much influence. i mean, who of us are going to the actual moon (or the actual mars) in our lifetimes. i know of one person that owns a tesla and it is very expensive. and has broke down several times.
he’s crushing you guys and it’s amazing to watch. you wanted unregulated, how’s that working for you? the “most revolutionary technology since the invention of the internet” can be wildly manipulated by one man on twitter.
he’s crashing it, to a point where he feels comfortable. then will announce he bought xyz coin, then pump it.
he gives off that feeling of having a passing knowledge of subjects and really wanting to feel like and convince people he is a genius on the subject and all his ideas revolutionary.
the only reason why mining is centralized is because electricity production is centralized. i remember elon promised us that his "solar city" company was gonna decentralize energy production... good job elon. the centralization in mining is simply a side effect of elon not being able to deliver what he promises...
thanks for giving us bitcoin at a thiscount, elon.
lets choose altcoins to prevent crash !!!
apparently, there is no greater wrath to market valuation than a whale of influence scorned.
i’ll say it...fuck this guy
did he delete the tweets? not seeing them on his timeline 🤔
yo how about those lithium mines elon
dude, fuck musk. let him have his dog coin and let’s get rid of the people that care what he says so the market can be sensible again.
this is your king?
just a rich bitch acting like a rich bitch.
everything he seems to say seems to turn more people against him. maybe would be best that he takes a break from talking crypto for a while
elon is so fickle. he will hype it up and then hype it down. i think he just like to play with the markets so he can make more money.
think about what he could actually do about it, though. he claims bitcoin is bad for the environment, and it is highly centralized by hashing companies. then make a hashing company of your own, running on green energy. he could afford to do it, and it would encourage others to do the same, turning the tide on china's hold on bitcoin mining. and the best part, elon, is you'll be making passive income for you to do whatever stupid stuff you want to do. and on the topic of environmental impact, that is more of a concern on the country's source of electricity. these miners are not actively throwing coal into a furnace in order to mine bitcoin, they are just plugging in a piece of hardware. i'm not saying it is not an issue; it is a issue of how that energy is generated, but not an issue with the asset itself.
“tesla reported first-quarter results on monday, including a record quarterly net profit of . [4]( as usual, those profits were buoyed by sales of environmental regulatory credits. but in a new wrinkle this quarter, the company's sales of bitcoin during the quarter also contributed .”
here comes the dip...lol
elon just gave bitcoin a fatality
he has a point, we need to run our own nodes.
stooooop elon stoppp to fuck my wallet stoppp it
he’s making quite the name for himself
dude is a genius, why manufacture and sell cars to make money when you can write a few tweets and have retails investors hand you their money instead?
his tweets are getting as annoying as trump's.
saylor moon! i'll never get that out of my brain. satoshi be damned.
bitcoin hashrate dropped, and difficulty and power consumption dropped with it.
rember guys the guy who got all his money of child miners knows more about money then you
i think someone needs a hug.
keep talking like this on twitter and someone might put a hit on you
phony stark can go screw
# fuck elongated muskrat and every other billionaire
elon can eat dick
musk giveth the gains and musk taketh
fuck yes finally he said it, i hate these armchair redditors bitcoin experts thinking they know better.
isn’t it possible to check whether tesla sold their btc? sure we can’t be 100% certain but wouldn’t it be pretty easy to find a transaction that purchased 1 billion dollars of btc and then check if that wallet id ended up transferring it all in the last week?
what is his problem?
divide and conquer. coming from leaders on both sides. don't fall for it.
don't let it bother you guys, bitcoin will as always continue marching forward and elon will just be another fuckwit rich cunt left behind
if he wants a centralized currency he can make one. we all know centralized currency works. it's a question if a decentralized one works. he actually is that stupid, is not he?
i guess elon does not really 'get' it. it's like someone going vegan and praising it, then returning to bacon steak and chicken.
people who pump doge, or even think it can be switched over to proof of stake, are not 100% geniuses
tesla sucks. elon is unstable
so, he thiscover every thing that it is wrong months later tesla bougth. it is very convinient this position about bitcoin when probably he is shorting btc. then , his twets make a lot of sense. manipulating the criptomarket .
lol, dude is relentlessly attacking btc... time to swing.
he needs to get back on his meds
let him tweet everything. bitcoin is the only his reason his company ever made a profit. what a scam. also his rockets are very environmentally friendly im sure.
the more he runs his mouth the better for bitcoin.
hz a dick he likes attention . his companies are pure speculation he has never made profit on them .
who here is going to consider buying a tesla? ever...
the man is right! we are trying to reduce energy consumption and co2 emissions and mining does not help. the future is a cryptocurrency but not one that needs to be mined! wake up, there is been a lot of advancement in this space and many new potential 💎 are emerging
just shaking out the paper hands simply because he wants in at cheap
i do not quite understand his take. the hashing literally exists as a matter of cost benefit analysis. they are making money mining, it is not a centralization of the currency. once it stops making money and the btc market falls out and moves closer to being a currency (assuming it is not supplanted by something else, first), those mining operations will evaporate.
first of all is paypal really something you want to brag about? second of all, wasnt he fired from paypal lol
i’d be more into this if the people posting here didn’t come off as obnoxious desperate losers. just my take
“that i know than you” this dude can spell!
elon is fucking haywire
except paypal is trash.
just a reminder that paypal sucks - fucking 5 days to deposit money in my own account is ridiculous.
i hope he keeps tweeting, the more he tweets the less and less influence it will have, people will start to just shrug 🤷‍♂️ it off.
the market is dipping and he wants to seem responsible
define supermajority, define market manipulation, define influence.
im so lost by the comments, i mean, he isnt wrong. it is decentralized in the sense that anyone can run a node, but it is becoming more and more centralized by one region than spread out like how its supposed to be. i mean, whats going to happen in 10 years time when its pretty much impossible to mine anything unless you're rich? well then the basic people thisappear, the hash rate drops and everything will be centralized once again.
someone is off their meds, combine that and him being a spoiled brat, this is what you get.
i don’t know anything about crypto. is he mistaken??
this is like when you welcome a guest into your home, everyone is really happy to see them, offering all types of goods... but then, the guest just drops their pants and shits on your couch, and then lights the drapes on fire and runs away. that's kinda how this whole thing feels.
but guys, what about his argument in decentralized matter? what do you think?
what a narcissistic twit
what's the hummm story with the xinjiang coal mine and how is it related to btc?
elon musk is super weird.
crypto decentralized??? i see it is been centralizing around musk's opinions!!
elon musk is the kanye west of technology
he doesn’t like crypto and is making a fool of us by supporting dogeshit
you know, i’m somewhat of a hacker myself, in all honesty though if i’m trying to buy a dip, i’d hack the twitter of a guy who influences the price and do this to buy in at a lower price
someone was tweeting while inebriated...
i mean the chinese media do not also tell you how they have been having mandatory power outages for upgrades during this time too. many farms in yuhan and sichuan were shut down
what an unstable dude.
can we just not talk about this guy and go forward, this would be a better
wow. i do not like bitcoin nor agree with where it is now, but have some respect for the first cryptocurrency and call out the flaws that it actually has. to say bitcoin is not decentralized is flat out spewing false information.
live long enough in the space to become the villain, let’s drop this foo.
fucking clown. fuck elon,
love chain link. keep it up chainlinkgod!
his ignorance in crypto currency is astronomical, what a douche-bag.
i love how musk is crashing the market, when crypto and bitcoin are so much larger than him. i still like the guy, but bitcoin is global, with a ledger going back 13 years or so. musk shouldn’t have pumped bitcoin, nor should his tweets dump bitcoin.
...hes not wrong though? i mean, credit where credit is due.
pump sell dump buy repeat
i support those who change their mind. i do not support those who choose to be a d\*ck about it.
what did bitcoin ever do to musk?
i wrote this in response:
...and cue elon thiscovering environmental impact of lithium mining.
so it is gonna be waking up every day to another fake news muskrat tweet that people over react to. so how much longer are we going to let this cunt control the crypto market, guys?
whatever he gave crypto he will take it back . there will be ppl who cant form own opinion and follow him. we dont need him doing favor driving price up and then flip flopping and we dont need low quality investors like guys who listen to him . its ok guys let him go . he gave us adoption he took it back . ignore him
bitcoin is slow af. ill use my real money
it’s funny how he mentions paypal when he had absolutely nothing to do with it. he actually got fired by the company and when he got fired it wasn’t called paypal.
just buy the dip and not a tesla. enron musk is just having his moment in the spotlight.
bullshit elon musk. paypal fees are expensive
lithium is not just for ev batteries, elon... it is a great mood stabilizer, too.
kinda mean to xinjiang considering it is bigger than texas and 25 million people live there
he's just setting up so he can come out with his own crypto. with resources mined on mars of course. think about it.
helping the soon to be created bitcoin etfs get in at a low price. think about it all these new etfs getting approved soon. they want to start off at as low a cost basis as possible so the whole crypto market is being manipulated down for them. that’s my guess...
omg just hit 75k... this is crazy!
elon is a cuck
please stop tweeting you're fucking up the crypto economy elon, stop it
what the hell happened
can you buy groceries with bitcoin yet
we need to stop using netflix, we need to stop browsing the internet, we need to stop doing literally anything and save energy. edit: this all just seems so ridiculous and targeted. everytime you go to a website its not just the energy used by your computer, its your isp, cell towers, etc. i mean looks like its time for him to get off twitter because the internet is not using fully renewable energy. "looking at electricity consumption alone, the original shift project figures imply that one hour of netflix consumes 6.1 kilowatt hours (kwh) of electricity. this is enough to drive a tesla model s more than 30km, power an led lightbulb constantly for a month, or boil a kettle once a day for nearly three months."
aww shit guess it is time to buy more right?
fuck elon musk and his army of cringe feast chunungus whatever the fuck they call themselves
“i know than you realize”
can you blame the guy? people come out with pitch forks slandering his name because he raised an issue and wanted more miners to use renewable energy. i tend to agree that the toxicity with people that are die hard bitcoin will just push people away from something that in itself revolutionary. granted, bitcoin does not need approval of anyone but if a leader in a particular industry was a proponent in the beginning because he saw its value and by being involved would accelate its adoption, why be toxic when something that does not align with his company is brought up? people should understand people can have their own views and perspective, who wouldn't build resentment towards a community that will assult you verbally over and over without conisdering what the other side is saying? groupthink is born from such environments. if progress for something better is what people want to attain for the whole world, they should get out of their horde mentality and see things as they are and not make those with different opinions as the enemy
nesara and gesara will be our new standard.
elon needs to stfu lol
he has a point about centralization though. the difficulty in mining creates an environment where only a group of people.
whining about centralization when like 40% of his dog shitcoin is owned by a handful of people. this is getting out of hand.
then go fucking use paypal to process you car payment, fuck off elon kusk, what kind of ambient you been taking?
his bitch influences too much of what he says and does to fit in. grimes is grimey like an asshole.
lol and there were ppl in this space that predict that this guy is satoshi :d this guy has zero knowledge what is bitcoin, what is a blockchain system and how it works. in the other hand bitcoin is open for trading for everyone. musk and every musk he can short bitcoin, sell his stake or whatever. bitcoin will be here even with or without them.
funny he brings up mines with his fathers blood emerald mine in south africa. go away elon you just lost all respect and destroyed tesla in the process.
answer: p2pool and stratum v2; more fud please.
one of the key features of cryptocurrency was that governments could not manipulate it. elon musk, however, seems to manipulate it just by opening his mouth or typing a tweet.
but were any of the miners called pedos by musk?
if he knows than why did he buy 1.5 billion worth of crypto just to say 2 months later it’s bad for environment and sell? you telling me he didn’t know that info before he bought 1.5 billion? yeah right! this dude is manipulating the market!
it really bothers me when he goes for crypto when other big ceos are sitting high in there chairs built by bloody oil. oil is what kills this earth, not crypto mining.
don’t listen to this guy!!!! buy the dip! see what we did with gme!!! buy buy buy!!!
bitcoin does not need elon musk and his dumb opinions.
how is this retard still pretending he made paypal in 2021 lmaoo
he's not wrong, but i'm pretty sure chinese mining dominance has fallen a bit since that flood happened. can't remember specifics, but some big mine just opened up in na, and it is using renewable energy. in any case, he is still just cherry picking without proper context. even with a few dominant mining operations, bitcoin is still decentralized compared to paypal. i'm kinda tired of this whole argument. in order for miners to be incentivized, it has to be profitable. if it is profitable, people will do it at an enterprise level. it was never going to be just people mining at home. if he is so worried about it, he should build a mine powered by solar or hydro.
smart and rich do not buy you class act.
f... elon musk and all the other investors that influenced by his tweets
elon musk is a child who thrives on the success of others. unfortunately people give what he says weight when in reality he just spouts off whatever is currently on his mind.
i’ll never understand why people put elon up on a pedestal.
guy's pathetic when it comes to money
i knew there was a reason he cosplayed as wario.
he is trying to bring bitcoin down by all by himself. welp don’t think i’ll be buying that tesla any time soon.
ever heard of no access? pennyless? starving? phone you cannot see. because you cannot afford glasses? you're life being threatened everyday? trying to recover anything enough to eat? being blocked off of anyway to try and recover it? have billions of so called dollars that you cannot recover? starving for months, people telling me they are helping but still have not got one red cent! when i help someone, i actually make sure the effort i put forth actually benefits the person i set out to help. you cannot eat promises. there is no security or access to any security! crypto is the biggest scam in modern day history!
elon can eat a bag as far as i'm concerned. i bought in way before his happy ass did. i'll be out after he is out. btw...elon did not create tesla. but he would like for you to think he did.
the path has been taken….
hey elon remember all the kids that died in your dad's apartheid diamond mines?
this reads, ‘if i’m not pumping it nobody should be’ power trip
jesus. his tweets are embarrassing. i feel embarrassed for him. i guess i'm just glad he did not try to call those flooded chinese miners pedophiles.
i'm banned from paypal lol
can someone explain me why a coal mine flood in xinjang would effect bitcoin ?
not to shill my favorite altcoin... but fuck it i totally am.
go go go elon !!
he's like a child, unaware of the problems the current banking world has, while sugar-binging on shitcoins. embarrassing.
i’ll give elon a dollar if he would stfu
why's everyone so mad at elon. if we really believe bitcoin has a real store of value than we should be happy we can buy the dip right now. elon does not control bitcoins fate so stop jerking him off by acting like he does.
someone post this on r
never buying this thing i do not even know why i'm in this subreddit. i'm the clown here
...i don’t think that’s how “mining” works elon.
as i understand it: technically, the mine flooding was an act of decentralization. 35% of the hash rate is no longer coming from a mine in china. when the rate goes down, the algorithm compensates until other miners pick up the slack, the more the better. rhetorical elon, you're arguing against your position.
it's kind of a no brained that the guy who co founded paypal...is suggesting you to use paypal?
looks like it will be another pos with a rebuilt title and " needs a lil work" \*sigh\* went to sleep & woke up 10 hours later like wtf? twits never sleep?? thx shit-e-lon my mistake, i tried to get some sleep ... i should have set limits orders first... gonna have to make this up in the stock market this week... whats hot ?? oil and puts on everything else?
wasn't elon musk fired by paypal when he was ceo?
does he know the difficulty level automatically adjusts and could run perfectly fine without all of china's mining? probably not.
time to sell may telsa shares
let’s dump his tesla shares !!!!
how many children have died mining lithium for tesla batteries... or is that too many parties removed for ol musky to care about.
anyone else here remember when america’s favorite electric car twitter hustler launched a freaking convertible into space? ask mr environmental friendly what was the carbon footprint of that little stunt
lol. i love how all the bitcoin people consistently get took by billionaires.
ouch for elon you mean... i hope.
king of the 0.01% says don’t buy bitcoin, the best performing investment in the last 13 years. wonder what he and his billionaire friends are up to
fuckin musk talk shit everyday
elon musk, famously anti-mining
elon only believes what benefits him
so this guy owns a million(billion?) dollar company and still wants more?? stop trying to make a change with crypto and help those in need.
i thislike think crypto is just another racket manipulating markets to create value out of practically nothing. but it’s always good to see a billionaire bastard get dogged on lmao
he should be thankful. the only reason his company made a profit was because of bitcoin 😂. i no longer listen to the clown all he does is manipulate the market and wreck idiots for fun.
i understand he should be entitled to his own opinion, but at the same time he has to understand his opinion carries weight and tweeting all this fud is actually losing a lot of people a lot of money, people who respected him enough to listen to his thoughts and opinions about crypto, he shouldn’t be allowed to tweet anything as he literally (as we have seen multiple times) has the power to sway the price of coins! i understand we all loved it when he was praising crypto but now we have seen what the other side looks like it far out weighs the positives of him tweeting
>that i know than you realise clearly he does not know how basic grammar works. fucking idiot 😂
how does the coal mine fit in here?
crypto is going down across the board, mostly more than btc. if it were selected coins *mostly* mined in china or pow coins only that are dipping then i would believe it is becasue of the reasons elon is talking about...it is not. the reason people are selling because they think others are or are going to sell becasue of elons tweets or the reasoning in the tweets and so they are defensively selling. when they are confident all the people effected by musk are out they will buy back in.
if anyone knew in advance whether musk was going to praise or criticise bitcoin they could make an awful lot of money trading in advance. bet musk realised that months ago too.
i love crypto...but i mean... he is not wrong here
i think it is pretty much true😂😂😭😭
elons not wrong though. theres also the group that bought an old electric power plant and have been running in for a year for their bitcoin miners. they said over 1 years time they mined 1186 btc at a cost of . theyre getting 3.24 btc a day...
i keep saying but no one listens...he goes through women like he goes through crypto currencies.
damn, i do not have any money right now. can't this wait until after payday so i can get in on these thiscounts that musk is causing.
as much as you're saying that he is rage quitting it looks like that he is winning because bitcoin is going down so are other cryptos and he is still a billionaire at the end of it... ouch
bitcoins do not come from coal mines
oora otha thevdiya paiyan
fuck i’m on vacation and can’t afford to buy. maybe ?
this guy has gone crazy
wtf are you guys still buying bitcoin?
gold will last as a store of value for 1000 more years. crypto? nobody knows.
the price of bitcoin dropped 35% when he opened his mouth. lol.
a year back these elon tweets wouldn't have mattered shit, now that he has bought zillions paper hands along with him to the market. its inevitable for market to crash.
please stop talking about musk
hey elon youve got enough just shut up and fly to uranus
here goes elon again...
well this hurts my view on musk. this is fool hardy. can we get some cryptocurrency jobs. i would love to see the world try to keep up with cryptocurrency.
so funny to see crypto twitter cry for sec help (:
nothing about elon musk is worst then his comment on tham luang heroes. rip.
guys easy is happening the same thing as happens in gme they as always trying to manipulate your thoughts and feeling ,
the salt in this thread is so good. i have no take, just loving a great read.
can we please stop talking about him and to him
who’s buying the dip?
haha, almost killing "miners"
what is this guy chatting?
like if he cares about people and crypto... his ego is taking care of him
those that think musk is “there for the people” are completely delusional... he’s there to enrich himself.
is this true ?
why does he continue to do it?
-10% in a week +180 % in a year just chill 🥱
if elon is so smart then why did he invest in bitcoin in the first place. oh yeah because he cares more about money than the environment. that explains why he is just some rich guy from rich parents and not an actual genius at all.
i have online class right now but the war is greatly thistracting and fun to watch
apply water to that burn
so its those god damn commies after all!
rest of the world needs to step up imho...
gold is money as always
paypal is the reason i bought btc. elon does not understand money.
if he only stop manipulating the market for his own interest
these tweets will not push me to sold my ownr wallet hodling, stupid elon. traitor
bit up and down ...
further proof he is just a pump and dumper
as long as money is controlled, it is centralized. "decentralised" is just a marketing term.
i swear there is something wrong with musks head.
musk is damaging his reputation. why he wants to become the most critical crypto influencer? step in to accept btc as a payment and 6 weeks later to step off cause of energy consumption? bad preparation i would say. everybody makes mistakes, but he should stopp pushing senseless meme tokens so that nobody can see elon as a competent crypto expert. he is playing with his power and likes that. we would be well advised to ignore this man. maybe twitter can block stupid posts like in the past they did with trump.
the person who hated credit card companies and created paypal, now hating on a proven decentralized payment solution. how many times have you heard of someone legit having their money stuck on paypal? sounds like someone is a sore loser.
except he has to have been aware of all this when he started hyping bitcoin. this asshole has analysist, financial advisors, resources none of us can even dream of to help him make a sound financial decision. acting like he just thiscoverd hot water only shows how thishonest and manipulative he is been from the start.
billionaires shouldn’t be involved in the first place. musk is way over his head.
why are we still listening to elon anyway? 🤔
elon should read more... from [wikipedia]( "on october 21, 2020, paypal announced a new service allowing customers to use cryptocurrencies to shop at 26 million merchants on the network starting in 2021."
musky please change your twitter handle to cryptomoron.
the sheeple will sheep.
suck a egg elon
is elon here referring to the 51% problem? - without actually explaining that he knows anything about the quite extensive literature on the subject?
why do you even give a fuck about this guy?
as the original twitter thread op said: i hope he is trolling. at the same time, this possible trolling is being taken seriously by a lot of newcomers to the space. the thing that does not add up is: if he is trolling and making the price go down, why would tesla not sell any of its bitcoin? if he is not trolling and the price is still going down, again: why would tesla choose to hodl?
being a cringy edgelord as always...
obviously he is doing it to bring the price of btc down, so he could buy more for a lower price... he's not stupid guys.
why do not you go suck a d' you cry baby ass.
his profile image is good representation of him space dick
and at the upcoming -40% from the top please all show musk that he has not that big of an influence like he thinks
elon where is my money?
it’s not the value that is decentralized... it’s the exchange.
elon seems to have lost the plot. sad.
how much “dirty” energy dose it take for elon to run his businesses and projects?
how does a coal mine relate to bitcoin mining exactly?
he is such a grifter. didn't he join paypal after it was already created? did the same with tesla.
yeah, i know about paypal. paypal was formed after kicking elon musk out.
he's now the side show, keep an eye on what nydig is doing, 300million bank accounts with the option to buy btc. [
lithium mining is worse for the environment than generating electricity for crypto.
the phallus he needs to represent him in his profile pic is just so spot on for this kid’s insecurities
when will y’all learn??? y’all aren’t gonna beat elon. stop listening to him and go earn real money.
the cryptocurrency world obviously knows very little about elon musk. wow. he’s not nice or kind and his ego is galactic. but it’s not about money or fame for him. it’s about doing great deeds (per robert zubrin). disclosure - spacex fanboy here.
why was elon so high on bitcoin a month ago? now he hates it. so odd that he would change his mind so fast. he knew everything then about bitcoin that he knows now.
crypto currencies use a lot of electricity. kinda goes against anything green the president pushes.
paypal didn’t work out for musk though...
i think a lot of people forget that elon is not the idea man, he is the public speaker. much like steve jobs, elon buys ideas he thinks are "neat" then has them worked on by the brains of the organization. what separates him and jobs from others is that he buys the more eccentric ideas. what does separate him from jobs is that jobs created the trends where elon just follows trends. just like politicians, business people are not gods to be worshipped.
elon musk is a megalomaniac child-emperor who managed to get a bunch of idiots to worship him as a genius. yes sure, he did deliver on some things he promised, but most the of the stuff he says though is straight up false or not backed up by any actual facts. it saddens me to see the crypto world get hurt by his tweets. when are we going to cancel him!?!
so he’s just a typical noob. how ordinary.
flood in xinjiang only kills cotton. flood in yunnan kiils miners.
it takes an expert to debunk an expert.
stop giving the clown air time. narcissistic people hate being ignore.
what is is a paypal??
everyone switches to loving on elon to hating on elon on the drop of a dime in the crypto world. maybe we should not care as much about what he does and says? he still is making a valuable contribution to our society so he is a decent human being. yes, does some stupid things but we all do. i have money in crypto but not because of elon musk.
when an american company, or any company opens a factory in china, to protect their investment, they have to do and say things that please the ccp. just sayin.
i dont remember giving a fuck a about anything elon musk said when i bought my bitcoin, i could literally not care any less about what his opinion is about it now. it was better before he turned crypto into a smoothbrain meme
what about those cobalt mines, elon
stupid liberals mind controlling elon musk to make him look like a douche and taking my guns.
could it be his beef with china banning tesla’s that’s making him try to crash the coin?
bro this idiot deserves nothing, i hope electric cars manifacturers speed up their research because i ain’t getting a tesla anymore
i created paypal so i know how cryptocurrency works
elon, pick your battles. keep my mining rigs out of this!
lol calls on the fuckelon coin
bitcoin maximalists, investing is personal don’t turn bitcoin to cult like investment, anyone should be free to buy or sell when they like plus also say whatever they like without people demonising them. invest only what you are comfortable losing. i’ve been holding bitcoin for years and actually forgot i bought.
the president of el salvador speaking now on twitter about bitcoin
i'm selling before this gets out of hand
sell before it falls to zero.
just give me the word sir i will sell off
he’s steering the future our species, the guy made electric cars not just a convenient thing he made them fast and cool so other companies also moved towards ev, buy stopping bitcoin he is incentivizing the move to more energy efficient token creation. there’s nothing wrong with making the long term choice to try to be better . all the hate is ugly and chilthish.
all the bitcoin fanboys are so butthurt that people are realizing bitcoin is outdated and there are better, faster, cheaper, and more economic options. quit whining, sell while you can, and invest in a coin that is stable.
he does bring up a good point. china does not give a fuck what it does to the environment or its own people, as long as it becomes richer and more powerful on the economic and geo-political stages. if all you need to control bitcoin is just be willing to recklessly use a shitload of energy, how secure is it, really?
regulation coming boom bitcoin to
saylor looking scared. i have never seen that before. the ultimate black swan event would be microstrategy forced to unwind some of its leveraged long into bitcoin.
i love the dogefather 🐕
my new cryptocurrency is -lata finance. 👍👍👍🤑🤑🤑🤑
bitcoin will bounce and go up... unlike your rockets that explode
elon is far out
he's tanking so he can buy up again, watch
smells like trump tweets which got him banned from twitter
i believe elon is doing all of this so he can buy the dips himself. 😄
is this guy still talking? i honestly hope he passes away.
he needs to be quieted by the court and faced with numerous fines for manipulation.
it's really thisappointing to see how much the bitcoin community has denied the energy use problems - does this mean they would not get solved?
“because he is the hero crypto deserves, but not the one it needs right now. so we'll hunt him. because he can take it. because he is not our hero. he's a silent guardian, a watchful protector. a dark knight.”
guys what rhymes on shitcoin?
there is not a singe good reason to use bitcoin. everybody who can think eventually arrives to this conclusion. who cannot think, well... they hold bitcoin. in my opinion the whole crypto is a big bullshit. they are not better for transactions than fiat, and they are not a better transfer of value than gold or paintings or anything else. if you want to innovate something, it is not enough to make an alternative, you need to make something way better. and all coin failed so far. fiat is working, stable, secure, etc. bitcoin is just destroying gpu-s for no reason, so so stupid.
he knows the influence he has and he keeps tweeting bs. where the fuck is the sec.
honestly i think elon musk is the scape goat, it is really the whales behind the scenes that are moving the markets.
i mean this is why regulation isn't a bad thing. it let us people who have to much power not manipulate the markets. tough though as i know bitcoin is proud to be deregulated.
bitcoin is trash, elon's right. 🗑️ get out before the mine collapses...
ladies and gents, the way made a sweet video easy and quick explaining what market capeasy way to explain market cap is and why it’s important! please check her out!>[easy way to explain market cap](
elon can kiss my a!
dont let this sperglord dictate your finances
any news that he is selling all his bitcoin? besides the "indeed" tweet reply.
this guy needs to stfu
man wish he would stfu
hes literally tweeting bullshit every 5 seconds at this point. fuck him
he did kind of invent digital money so he knows a thing or 2
bitcoin pollutes but tesla and spacex do not, and nevermind watching the sky at night and seeing trains... fuck pump and dump musk.
can the sec please do something? jesus fucking christ.
wow. these comments are something else. we need to pay close attention to elon. i don’t trust the guy anymore. at first when i read these comments i took it at face value and was surprised to hear him say that about the hash rate, like he’d somehow never heard of the difficult adjustment. on second thought though, there’s absolutely no way he’s not aware of that. he’s straight lying. he’s playing 4d chess and setting up some kind of move. maybes it’s simply just good old market manipulation to buy the dip or maybe hes working on launching his own crypto, eloncoin, and going to try to pump and dump that on his followers.
musk is a fucking kid
bitcoin price finna plummet lmao
elon the asshole ! flip over per day! and...hypocritic
okay the hashrate regularly swings in the tens of percent that number is extremely misleading.
so he still trying to sell paypal as his huh?
he had a private talk with michael saylor and he convinced him to get in. pretty sure saylor hates musk now.
he changed his tune when he realized he could make a cool 20% off the pump and dump by leveraging the power of his massive twitter following
musk has proven why the world needs decentralization. corporations, billionaires, governments, banks all hold too much power over society.
"35% on mining hash rate dropped out, sound decentralized to you?" yes, else 100% would have dropped out.
that’s good, people should be able to change their opinions. too many people mix their opinions in with who they are and think that their opinions and the opinions of others is part of who they are. after that changing one’s opinion is seen as changing who they are, or somebody else betraying who they present themselves as. nobody is lying before or after a change in opinion. they received new information and changed their mind.
bitcoin does not need elon musk!!! el musky stinky pants!!!
well he seems pretty stable...
amazing how that dude do not like him because he chooses good over bad.
ppl ys mny ppl
much like everyone does throughout their entire lives because you never stop experiencing things that make you constantly reevaluate because youre a human. like that?
i think it was because the sec told him he could not pump and dump his own stock. so he decided to pump and dump cryptocurrency as there are no legal hurtles to do that... great.
he used talk shit about btc about being used illicit transcation. like internet,btc just a mean can be adopted by all sorts of pp. in short term, it really hurt crypto community ingeneral. few pp speak against him.
like everybody that is why we all buy it now, cripto 2018 was shit noone understand anything and there was more scams than actual projects puff
yeah. i remember a lot of people begging him to accept crypto for tesla’s in 2013-2014
use your clout to manipulate the market. american business. it’s not about honest work anymore.
got a solid source on this?
he changed his tune when he realized he could single handily affect the market. it's what he is doing down. bought a shitton then said tesla would use btc for their cars, price shot up, then he sells and tanks it to buy more.
the more i look into his past and try to verify his claims to fame the more elon is starting to look like the donald trump of technology, he is essentially stumbled his way upwards. and for people who think he is some technical genius, he proposed a subway train on wheels running in a vacuum tube powered by a turbine.
he changed his tune because he had a stake in crypto... of course now that he exited his positions, he could care less about the technology. figures...
and he’s a trump supporter
only imbeciles never change their minds
i think many ppl forget hes a human that is insta selfish just like most humans. dont treat him like a god.
"he cannot be a twat, he is autistic." -people who never met 'gifted' students.
many people are idiots.
right after selling all his bitcoin. and when he successfully tanks bitcoin... he will buy it back again, and start accepting it in exchange for his products again. he's just manipulating the market.
but dude “he’s soooo cooool!!!!” why wouldn’t we listen and follow everything he does. - people who had zero role models growing up. (dads)
my prediction: he is going to release a "superior" coin, his fanbase will eat it up. he did not like crypto until he decided to try to take it over.
he’s trying to take credit for what’s his. again!!!
i feel like this is all my fault. i have been against crypto for years even though i have been spectating since the very beginning. after years of exponential growth i said "fuck it" and decided to hodl as an investment anyway and now everyone is saying the same shit i have been saying since this all started. because fuck me right? edit: but either way i'm not planning to sell for years.
isn’t it possible that crypto has changed since then too?
changed his tune because he needed a quick cash grab. he is transparent in this manipulation.
i think there is a very high chance that he is going to change his tune again in a few weeks after the price drops to 10k. it's concerning how much of an impact one guy has on the price of btc.
duh, he changed his tune becomes now he can make billions from it.
then why did he put a fucking bitcoin logo on his profile?
people forget that hes a hack that mostly talks shit 90% of the time
because there is money to be taken from the people in crypto.
well, here goes my reasoning. musk bought into saylor's argument "convert tesla balance to btc and other s&p500 companies will follow, you'll make tesla shareholders a 1 trillion dollar favor". so he did 3 months ago. how many other big companies have filed with sec that they have btc on their balance? none. also, it is about 3 months of microstrategy conference on btc for companies treasuries, that presumably got so much attention. we see no effects whatsoever yet. therefore, musk thinks it will probably not happen, so why keep the bitcoins?
the pleb army has swarmed and musk is rage quitting
you should go scroll over to r...
he's trying to crash it so he can buy more at a thiscount
he's only hurting his own company, really. if his bullshit pushes things far enough, he will have a net return of jack shit and an angry board to answer to when they find out that their big investment and all the btc they took as payment just shaved off hundreds of millions in value because he could not stop acting immature for one weekend.
haha! same goes for me. hope he has some dumb tweets in the chamber!!!
don’t worry it will be even cheaper by then
dude my pay comes on wednesday, im crying seeing the dips right now😭
i've talked to a lot of crypto investors who have no idea how any of it works, and only buy it because they saw someone else make a shit load of money off it. these people are going to be easily shaken out when push comes to shove, imo its a sign of an obvious crypto bubble (especially seeing the prominence of shitcoins like cumrocket etc).
imo those who are just buying to hold are not helping as much as they think either. currency is supposed to be spent.
>why is he he attacking bitcoin so much if he owns it? basically said on twitter tesla dumped their amount
it is green if you think of it as a buying opportunity.
every few hours and my initial investment is getting eaten up more and more. a big middle finger to elon.
it's because i'm waiting for my sepa transaction to go through... cannot have it go up till then. please stay in the red 😐
no. we are currently facing the next big financial crisis due to shit commercial mortgage backed securities (cmbs, the same asset that caused the 2008 crisis, only not for personal but for business loans). all of wallstreet is liquidating their crypto positions to raise liquidity to avoid margin calls. banks and hedge funds have huge crypto positions to hedge against inflation and to avoid taxes. now they have to liquidate, tanking the whole crypto market.
gme is the actual reason lol
he replied to a tweet that suggest he is going to sell tesla's bitcoin
he kickstarted it, but folks are just panicking for no reason, if everyone just holds and ignores the fud, imagine the price skyrocketing.
can we please move this up so that he can see it?
can i run a node?
underrated! i'm proud to be one of 10k to run a full node.
this is fundamental stuff about the bitcoin network that people 12 years later still have a hard time grasping. bitcoin’s decentralization comes from nodes, not miners.
this seems incorrect to me. why would nodes ignore a bad actor with over a majority of the hash power? the bad actor is creating an alternative chain that is longer than the honest chain. the alternative chain will look valid to other nodes in the network, and since it is the longest chain will be considered the correct chain. therefore adding more nodes to verify generated chains will do nothing to prevent this type of attack or keep the network decentralized. could you please explain why my reasoning is incorrect? i will admit i am new to this and could be misunderstanding something.
can you please further explain this?
it is delusional to think that a node *doing no work* would protect you against bad actors in a *proof of work* system. running a node to verify your transaction is the *minimum* you need to do to to confirm a transaction. but simply being able to verify transactions does not mean the network is decentralized. just like you can view your bank account balances, but it does not make banks decentralized.
lol it is crazy how many people believe mining nodes have no control over the bitcoin network. it's desperate hand wavy assertions based on people's insecurities on the weakness of bitcoin. miners control how the state under the current rules changes. a system that cannot change state is useless so mining nodes are critical part of your network to imply mining decentralization is not important is a ridiculous assertion.
if this is true then why are we depending on the miners to activate taproot? genuinely curious.
best comment lol (and ive read them all)
take this as a lesson in your own interactions: defending yourself against criticism is weak sauce. if you believe in yourself then it does not matter what the haters say.
diva felon musk do you know who i am moment
bitcoin twitter really knows how to antagonize someone. feature, not a bug. cheap sats incoming boys.
elon is the jack ma of crypto. well said. please, someone put this on a t-shirt.
>edit: anyone remembers elon and jack ma talking about ai? elon today is being the jack ma of crypto 😂 hahahaha perfectly true analogy :d
absolutely. tweets, positive and negative, can have a huge impact once. after that, it would not work anymore. so let us get it over with now so we can move on.
that’s actually a really good point
do you remember mcaffee?
btw that is always what he does, he is always promising 100x faster mining 1000x etc. etc. he is good at what he does, cars and rockets but man... this crypto thing ... people should just chill a bit indeed not just shill random coins. educate.
this. everyone... this right here.
if bitcoin was not on anyone's radar before, it sure is now. the debate on bitcoin has created shockwaves across the internet. people unrelated to crypto now suddenly has an opinion about bitcoin. someone across the world managing billions of dollars is going to have these bitcoin firestorm arguments dumped on his desk and accidently stumble upon michael saylor's due diligence.
no good will come of this thiscussion unless it forces a solution in the long term. everyone already knows bitcoin. this is like saying a famous celebrity being accused of sexual assault is good publicity. this might blow over, it might not. but the narrative has been established which is not good.
tesla is still holding their bitcoin. they know it is an asset that will continue to appreciate.
or he is buying more without saying and wanted a little thiscount for his purchase.
shit i've been saying this since i heard they stopped accepting btc. the energy excuse is so bullshit.
he didn’t even make paypal look it up
hey man like he said "i know than you think" i think he accidently a word. it was "less".
i don’t think he’s stupid, but he’s ignorant on biomedical research. his initial thought process on the coronavirus just showed poor understanding of human biology. his comment on nanoparticles also also shows that he isn’t even aware of certain fields of science.
like a lil bitch boy
sell it and buy this juicy bitcoin dip before we hit 100k
sell it before he goes on another manic tweet spree and sends your shit to the ground
i'm so angry i want to buy some tslas just to sell them right away. fuck elon.
sell it and buy bitcoin, the ultimate chad move
probably should sell, tesla is extremely overvalued. the company can’t even turn a profit.
i'm not paid until the friday. i can see the this dip bouncing back in a week
you should read the blind items about him, spoiler alert, he’s deranged.
trying to fill the void that trump left
he has a cunning plan. and it involves competing with bitcoin.
bro don’t give elon that much credit lol
i don’t thisagree but can you expand on what you mean? why are the mines not relevant to decentralization? edit: love the pierre delecto username
so hashing can stop and bitcoin will be fine?
so how does it work without miners?
welcome to two minute papers!
so you bought btc at 62k?
he’s going out of his way to be an ass on this for some reason it seems
there's a couple of great videos on youtube called "debunking elon musk", watch those and you'll realise that he never deserved your respect in the first place. he's a total narcissist and a fraud from the start. i feel sorry for all the great people working for him doing all the work while he struts around taking all the credit.
it's not like we have anything else to do right now but stack sats and eat popcorn.
currently in the process
more likely, because a bunch of hedge funds are about to get rolled archegos style and a ton of the institutional money is coming out to pay the fucking enormous bill they’re about to face from naked shorting and over leveraging. there’s more going on in the world than crypto. nobody makes a significant investment in it at 50k and then paperhands because some guy whines about it on twitter. it’ll be back. no idea how low it’ll go, but i’m betting 100k+ by eoy even if it drops to 15k in the near future. whole lotta folks who are really thisillusioned with the us financial system about to be millionaires and billionaires.
im so sick of this cocksucker.
>this elon phase of ranting me reminds me of kanye twitter rants. bless we be to have access i guess he has aspergers and there has been talk for years that he is bipolar. this does seem like a manic episode.
nope - he had a competitor x.com which he built from the ground up at a similar time to paypal, the two competed for a while then merged.
basically, you're saying no matter how much evidence he is wrong, he will never read it or take it in because to acknowledge (even to himself) that he might have misunderstood something is a bridge too far. basically he is drank his own koolaid that he is the smartest, the brightest, and that he can get into something and immediately know more about it than everybody who's been around for years in that field.
it seems like people don’t realize he’s essentially a male version of a kardashian. his business now is just doing whatever will grab the most attention, negative or positive so he can capitalize on it.
lol as if this sub was not anti-paypal for years. yet the second they thought he was on their side, everyone was getting in line to lick his nuts.
true and it was not even paypal it was something called x.com, which merged with paypal cos it could not compete, and then musk was sacked. lol.
*billionaires several hundred times over
>: sell please all teslas bitcoins you not worth 1 satoshi :-) what a scammer. he basically said earlier today tesla did sell
the idiots are those selling.
funny to see you bitter lint lined pocket broke boys crying as usual cause you got in too late.
>this guy needs to wait until payday so i can buy these dips lol you will have plenty of time
>stop making idiots famous 🤣🤣 you realize elon musk the richest man in the world and is already famous right?
>the truth and it hurts to 1 btc to usd price 🤣🤣🤣 no i'll have what you're smoking
>can someone explain how coal miners in china are related to btc mining? i always thought btc mining was 'solving difficult algoritms using a pc' that coal mine was a source of cheap energy used by a large concentration of bitcoin miners.
he did not found paypal. he founded x.com which merged with confinity which musk left and then paypal became a thing. but the dude also claims to be a founder of tesla while he is not.
the world banks have had a crypto mutual fund forever now... they are starting to make their regular withdraws... just enough to where it does not scare the base away... so they can continue to maniplulate stimmies and skim of the top to make up for their 0 interest rates they do generously offered trump and for 2 years into bidens administration... i'm sure they would not be able to raise it too high unless they feel they are ready for civil unrest... if they pull the trigger too soon it might fuck up the 4th industreal revalushion
better question is if he is just some asshole, then why are you throwing a temper tantrum?
>why is this ouch? >he’s a stupid piece of shit. why do you care what some asshole says? >and why the fuck do you post everything he says as if he deserves the attention? >grow up 🤣🤣🤣 hes the richest man in the world having a twitter melt down and its causing people to sell off bitcoin so it is news to the community. take your tears somewhere else buttercup.
buy bitcoin -> tweet how its the future -> sell bitcoin -> tweet its horrible. that's manipulation
there's some incentive to be part of a larger pool that processes blocks more often, but if the pool you are in tries to do an attack on the network you're going to pull your support for that pool and put it elsewhere. being a miner means you want the value of what you're receiving to go up - you are not going to get a majority of the miners to work together to try to bring down the value of what they have.
keep on believing there aren’t ulterior motives at play here. you may think he’s cool but at the end of the day he is still a billionaire.
couldn’t agree more. no one wants bitcoin, except for those trying to profit. when the shit hits the fan, most people will move on to more user friendly and greener cryptos. those of you that feel that you suffer from this should sell now, before it’s too late.
“you should never go full retard.” - robert downey jr. in tropic thunder
if i was able to i would dump my entire 401k on btc, sadly i still work at the place that is matching my 401k and i have no withdrawal options.
he is not wrong. approximately 70% of bitcoin hashing power is concentrated in two mining regions in china, xinjiang and sichuan. bitcoin is centralized, given that the main mechanism of producing the coin is monopolized by specific mining regions.
>unpopular theory: elon is in trouble with the sec again so he is running his mouth on twitter to make it seem that he just says crazy shit on this topic all the time and is not intentionally manipulating markets somehow while ceo of a public company for the 100th time, elon is untouchable. spacex is basically the united states space program.
shut the fuck up dickweed. he’s a pump and dumper and uses his clout to run the markets. it’s unlawful in securities, he’s only skating by on this bc the sec can’t touch crypto. why don’t you unplug and go jerk off for a few days 🤷🏻‍♂️
here's another fact. miners do not control bitcoin.
no one: john_clees writing like he is trying to embody the charlie conspiracy meme from always sunny
i think you mistook this webpage for your run-of-the-mill facebook conspiracy group.
funny guy, always wondering why guys like you come and post comment on bitcoin subs ??? fucking looser no life guy
how’s pltr working out bud
he did not do any of those things, really. all he did was take credit for others people's work:
something doesn’t add up then. he has the ‘most important brain’ but somehow does a full 180 on his opinion of bitcoin in a couple of months. either you’re admitting he just pumped and dump millions out of their money, or he’s just as stupid as everyone else 🤓
jeez didnt realize all those companies were one man operations,...where oh where does he find the time to tweet
>dear elon: talk is cheap. sell bro. he basically said he did.
>are these real tweets?? 🤣🤣🤣
>he and other whales are just scooping up the dip while retail reacts and sells 🤬🙄 he is the richest man in the world he doesnt give a fuck about buying the dip. its personal now because he got so much backlash. his ego has him in an all out war against bitcoin. he will never buy it. i could see him announcing a partnership with b c h just to fucking stick it to bitcoin core...
nah. musk is just a speculator and a griefer. we are better off without him in the long run.
>don’t be surprised if elon announces tesla is exiting their bitcoin position next… already did on twitter...
>why is he hating on crypto so much? there goes my tesla! hes not, just hating on bitcoin.
ya and nothing happened to him lol.
>wow argentium for screenshotting some tweets wow hater much?
i would say that bitcoin and crypto in general wouldn’t aline with many leftist ideologies. specifically the radical far left ideologies that require big government. decentralization takes power away from governments.
now back to the safemoon sub or some other pumpin garbage.
being idle would do little for his raging, reckless narcissism.
go to tweets and replies
there's coins that do that :d
to be fair to elon, his initial investment came from his dad. that money came from adult slaves.
nothing here indicates in any way any suggestion that they have.
honestly, it does seem like after being trolled by certain tesla stock holders, he’s now trying the same thing and manipulate with crypto. i support him with tesla and spacex, but he’s off his rocker regarding crypto.
>can we just not talk about this guy and go forward, this would be a better lol how would ignoring him make anything better?
at least if miners go offline, other miners all over the world can take their place. in proof of stake, the whales have the funds and the earning power no matter what. if you’re a huge whale earning interest in pos, your stake only grows over time and validation becomes more and more centralized and there’s nothing that can be done. you can’t spin up more miners to compete. you just have to *hope* they sell their stake.
>bitcoin does not need tesla. tesla needs bitcoin. no, tesla needs government money... [
>helping the soon to be created bitcoin etfs get in at a low price. think about it all these new etfs getting approved soon. they want to start off at as low a cost basis as possible so the whole crypto market is being manipulated down for them. that’s my guess... no way an etf gets approved when this sort of volatility can occur via tweets. regulation will need to be set in place and the price of bitcoin will need to be significantly higher before one gets ok'd
first google results for bitcoin energy is forbes saying bitcoin uses over 700kwh per transaction. over 10 hours of netflix to equal one transaction. netflix is technically nonessential, but the energy is actually being used to power the equipment. bitcoin literally uses it for nothing besides proving that you burned it(and that you made some e-waste while you're at it).
>can you blame the guy? people come out with pitch forks slandering his name because he raised an issue and wanted more miners to use renewable energy. i tend to agree that the toxicity with people that are die hard bitcoin will just push people away from something that in itself revolutionary. granted, bitcoin does not need approval of anyone but if a leader in a particular industry was a proponent in the beginning because he saw its value and by being involved would accelate its adoption, why be toxic when something that does not align with his company is brought up? people should understand people can have their own views and perspective, who wouldn't build resentment towards a community that will assult you verbally over and over without conisdering what the other side is saying? groupthink is born from such environments. if progress for something better is what people want to attain for the whole world, they should get out of their horde mentality and see things as they are and not make those with different opinions as the enemy sure the bitcoin maxi toxicity is bad, but to think elons reversing course is because of the environment is extremely naive. [ elon is a very shrewd businessman. tesla's billion dollar btc position means nothing compared to the billions they depend on from the government annually. it went from a business decision to a war because he was criticized. hes extremely intelligent but also very emotional. this is very reminiscent of the fork wars from 2017. elon however is much more influential which is what makes this entire ordeal so intriguing.
nah elon is just crazy he was crazy before he married her and he’s still crazy now
i doubt tesla would be what it is today without him. a home builder, puts people together doing little of the work. but you need the management and vision. just tossing everyone on the same site wouldn't net the same result. same goes for upper management in large companies. plus they take on risk while everyone else gets fixed pay.
that “shitcoin” has staying power that bitcoin doesn’t once every coin is mined what will bitcoin be then? worthless. so in 100 years or less it will be irrelevant. sounds like bitcoin is the actual shitcoin. 🤡
are you really that dumb? the problem is that one entity controlled over 35% of the mining power. add another 16% to this, and they are in control of the entire chain. and they do not even have to buy this 16%, they could just band together with one other entity that controls the other 16%. so now 2 entities control over 50%. congratulations, amazing decentralization
lol, of course he knows the difficulty adjusts, but you are completely missing his point. the point is that some entities are going to create more and more specialized hardware to mine bitcoin more and more efficiently. if you are not dumb, then you can understand where this ends, which is a few entities controlling all the mining power with their million dollar hardware that costs millions and millions of dollars to research. and this is already happening, as you can see with the 35% being controlled by china alone
( ͡° ͜ʖ ͡°)
you are the problem normal people cannot buy gpu anymore.
he's right. we have work to do. maybe this is his way of encouraging that.
not true. proof of work uses a lot of energy. and even that statement is more nuanced. the pow coins with a high hashrate (aka bitcoin) use a lot of power. the ones with low hashrate, well, they use significantly less power. and then there’s proof of stake. which takes about one thousandth of the energy pow does… your statement is incorrect and overly simplified.
elon musk is the new john mcafee. the dude is just trying to keep attention on himself to stay relevant and keep his companies in the spotlight. small electric car companies kept going bankrupt over and over. let one company monopoly is bad for the industry and consumers in long-term. toyota and tesla crossover partnership is a thisaster for the world.
ya got some fud mud on yer shit
>he's tanking so he can buy up again, watch wishful thinking
let's say - we are working on it. btc being a china coin atm is becoming a problem, am confident down the line it will be solved.
what is your superpower? i'm rich asshole
they have no authority in crypto. no one does.
why did not you complain when he was pumping it to 60k+? people only complain when it is being pushed in the wrong direction but it is perfectly fine when he pumps it. hypocritical.
lol hes untouchable. spacex has become the government's space program. on the brightside this will bring about regulation quicker lol.
what do you think the "s" in sec stands for?
it's pretty amazing these days, everyone thinks the news is the only reason the market moves
mf has thrown a wildcard. could go either way imo.
elon selling is among the top 10 most brutal anime betrayals. saylor probably feeling like [obi wan kenobi]( right now.
pretty sure the whole crypto community hates musk now, if not, they should. i never trusted musk, it is all becoming apparent now. what a douche-bag.
i’m pretty sure saylor don’t give a fuck. until i’m done buying, i like cheap btc.
yet the elon guppies are still following him even though he scammed them.
except now we know it’s not legal or by force... influence over the herd is the biggest power in earth. scary.
traditional finance is decentralized by this logic, too. if visa drops out, there is still mastercard and amex!
centralization is a continuum
elon musk is the new john mcafee. the dude is just trying to keep attention on himself to stay relevant and keep his companies in the spotlight. tesla and toyota crossover partnership is a thisaster for the world. let one company become a monopoly is bad for the industry and consumers in long-term. small electric car companies kept going bankrupt over and over.
for sure he has a pool of phones that he thrown outs when he rage quit over twitter.
hahaha oh so true.
that sub has turned so toxic its wild. had to leave for my own sanity. people are so full of them selves, it is mind boggling.
that subreddit is a dumpster fire. i like it here. y’all don’t freak out over dips and fluctuations because it’s part of the game.
fiat looking overvalued tbh
haha i keep saying i’m cash poor because i am. and i’m happy with my holdings but i still bought more today too.
hello squid brother! same here.
facts, he’s taking advantage of the lack of regulation by manipulating the fuck out of it lol
yeah, it’s pretty obvious what he’s doing lol
he’s doing it so he can use the chunk of money from the ones he’s sold to buy them back cheaper. he was always gonna hold the rest long term so he can talk shit all he wants about it now
he might have sold it all, we wouldn't know until tesla's q2 filings.
i highly doubt there were many telsa's bought with btc for the few weeks it was even an option.
tesla stock is even more overpriced than any cryptocurrency.
do you think we will recover in the near future? sadly, i'm getting quite anxious right now :/
> (especially seeing the prominence of shitcoins like cumrocket etc). lol wtf. seriously?
that’s basically my biggest gripe with the current state of the crypto community. people act like they love the concept and believe in the technology, but in reality it‘s just „hodl“, „to the moon“ etc., just hoping to get rich. how can it ever be a currency if people just hoard it? deflation has always been a threat to monetary systems, and with crypto it‘s deflation on crack. i know this is a controversial take but i think what crypto really needs is a hard crash, to weed out investors and become a thing for users again.
in his initial statement he said tesla had not sold. elon is a liar, sleazy and unstable.
and now comes the 'you guys being mean to me made me decide to sell' - that way when the sell is on the next quarterly report he can say 'umm, i did that because people were being mean by pointing out the problems with my arguments' instead of 'yeah, i dumped all that right before i did the announcement.'
if only i had not already spent all from 55 to 48
if you have money
red means go, green means stop in crypto
i agree crypto is in the very early stages, but elon’s tweets have also affected the stock market dramatically as well. he tweeted “tesla stock too high imo” and it dropped like 9% in an hour
wasn't elon who we embraced and acclaimed when the price jumped up so high? was that btc true value, or simply the sentiment spread by elon?
my initial investment is safe, but my profits are being eaten up. but that just means it is time to buy more. think of it as a major thiscount. if you believe in the future of cryptocurrency, a dip is just a thiscount.
just go to bed come back in five or ten years. this is literally the cycle that is happened a hundred times already. history repeats it is self. think of your bitcoin differently than fiat. because it is. it's just completely different. it's the same as silver or gold. it's easily transferable. and swings like this happen all the time. i own gold platinum silver and bitcoin. i own all of them. mostly silver because i think it looks cools but that is besides the point. they're all stores of value and they all go through swings in value. if you cannot take the swings then jump off.silver went to like 45. i just held actual silver and kept buying until one day it would go up. the same goes for everything else.
i honestly think so too. margin call might actually be around the corner so they gotta sell... thursday was liquidity check.
the squozerino any moment now
actually bitcoin fell on thursday, a day before any elon tweets, it is also going against the 10 year yield which is unusual, it is probably hf taking liquidity for the gme short squeeze, we know vanguard increased their positions probably blackrock, citadel and melvin as well.
yes, anyone who can aquire a raspberry pi 4 and 500gb hdd with internet connection can run a full node. you can also run it on a desktop or laptop but it is best to be able to have it up 24. the benefit is that you can validate your own transactions without relying on someone else's node which reveals personal info like your ip address and ensure that your transactions are truly valid. of course the best part is that the more people who run a node, the more decentralized the network becomes.
there are more than [60k full nodes]( the 10k listed generally only refers to listening nodes, and they are a minority.
i’m with you, nodebro. 100% synced for about a week now. thanks, umbrel
that’s 10,000 public nodes. there are way more behind nat that takes the number over 100k most likely.
what are the benefits to having a node?
yeah, after all the negative press that has come out lately and people's reaction to it here, i've realized way to many people are buying bitcoin and have no idea how it works. kinda scary because this attack from all side is only going to get worse and apparently people are just going to believe it without actually looking up the information for themselves to understand what the truth really is.
if nodes are what keep btc secure, why does everyone in this sub keep saying that the energy intensive mining is necessary for security?
but it is not true. if you have 50+% of the hash power, you create your alternative chain and it becomes the valid one. you can then double spend your blocks until you lose the hashrate majority, or if you retain it, you control the currency.
there is nothing at the protocol level that allows nodes to contribute to the security of the network. this subreddit seems to think otherwise which is mind boggling the only security non-mining nodes grant is to the person running it. it makes it so 1) you can verify you have recieved funds yourself instead of relying on an spv wallet provider or 3rs party block explorer, and 2) can make it so transactions sent to you do not get booted from the mempool
you are right, this is incorrect. nodes prevent invalid blocks from being submitted, they do not determine which of 2 valid chains is the real one, i.e. the 51% attack.
miners simply collect transactions that have been broadcast to the network and put them into a block. they then will attempt to solve the hash for that block and this is the work in proof of work. once they solve the hash they can submit the block to a node. the node does the actual work of verifying the transactions and hash for that block. if the block is valid, meaning no double spend and a valid hash, then that node adds it to the blockchain and other nodes will then verify it once again and add it to their blockchain. nodes constantly search for the longest valid blockchain and will reject any block the is not valid. this means nodes actually dictate which blocks get added to the blockchain and gives incentive for miners to follow the rules. otherwise miners would do all the work to solve the hash just to have their block rejected. allowing nodes to be run on simple computer with cheap hardware insures a well thistributed network where no central authority can validate invalid blocks because there are to many nodes following the rules that will reject their invalid blockchain. this is what makes bitcoin decentralized.
he cannot he is and idiot and i read through his explanation and it is wrong. miner aka the mining pool is a full node. they verify the block is valid before broadcasting it. every node does not trust other nodes so will verify every block like mining nodes already do. every node makes sure they are following the agreed upon rules. also asic users are hashers and not miners unless they are _solo_ miners. the pool is the miner.
right! nodes can collude or miners can collude. it's more effective for the miners to collude. that's the whole point of the 51% attack.
what a little fucking baby. i cannot even believe it. he gets called out for bullshitting about things beyond his understanding and lashes out in trump like twitter-fashion by calling people names. it's truly . impressively immature.
source? not denying just curious
he'll always be pedo guy to me
exactly. btc has seen waaay worse fud than this. just another bump in the road. another day at the office. this victory will once again prove that btc is anti-fragile.
>he is good at what he does, cars and rockets he bought tesla... he did not create tesla from scratch. "his" cars and ecosystem are quite overrated. musk forced his way into co-founder position even though he joined a year after the company started through a lawsuit. tesla's have a lot of hype, but they are not even the best electric cars on the market. as for the rockets, he is failed to meet nearly every quota he set for himself here. we're supposed to have mass transit to space by now if you remember his talks. and nearly every mission given by nasa (and thus funds we can track) have gone waayyy over budget... every time. i've always had some amount of skepticism about musk, but over time he is proven himself to be more and more of a con-man. bitcoin will survive him easily. edit: man... the elon simps are out in force.
\> he is good at what he does, cars and rockets no, what he is good at is making promises and then skinning employees alive until they figure out how to deliver for him. imagine the most obnoxious marketing department in the world, and then make them all autistic af. then give them leather jackets.
he insinuated that they dumped in another tweet, guess we’ll know on their quarterly
yep, he made x.com, which was a thisaster, and it merged with the company that built paypal before he was around, mostly he was there with money he should not have made from compaq shareholders selling them a version of zip2 he did not build, which he was mostly involved in as the guy whose dad owned an emerald mine, since his dad could fund that with 25k. blockchains have blocks of transactions that have to be propagated, stored, processed, he is only considering the fees not the technical issues. he did not found tesla either.
i do not even think he made a full sentence there.
no, he is a literal fucking idiot. i cannot believe people fall for his bs. he has no normal social regulation in his behaviour which allows him to behave in ways most normal people will not. he is an egomaniac and a psychopath willing to lie in such a brazen and public manner that most people just cannot fathom a person can be so consistently and shockingly thishonest and selfish. he takes advantage of this by just making shit up, and flat out lying and for some reason despite obviously missing deadlines and failing to produce the outcomes he promises people overlook this and focus instead on the next set of lies he his promising while imagining his past failures as actual success. he gets up on stage and says some techno babble star trek mumbo jumbo and his fan boys jizz their pants and cum all over their tony stark posters, and all is forgotten. the guy is a literal idiot though. his super power is being able to brazenly lie over and over again, loudly and publicly while failing upwards. he is obviously also somehow connected to goverment or military. this bs with the crypto manipulation would get most anyone else in trouble, he seems to be working towards getting crypto highly regulated or perhaps even banned in some cases which is why he is allowed to keep doing this.
i think you just described me and a bunch of my friends lol
they needed btc for that actually
that sounds like wiley coyote acme plan
nodes have more control over the network as they store the entire ledger and agree on transactions. for someone to allow a bad transaction to go through they would have to compromise all 10,000 of these nodes which are very decentralised all over the globe. miners rely on nodes to operate but anyone can run a node.
this is a really great topic to bring up. no more miners just means no more blocks. in such an event, maybe only weak miners will attempt bitcoin mining, well then the nodes can adjust the difficulty in a soft fork (which could take quite a while being as this event has never happened before, or could be an instant fix if there is consensus) if it really that bad and no blocks are found, but every like 2000 blocks the difficulty is adjusted. so let us say some hacker group or nation state finds a way to stop all the miners all at once. the blockchain itself would still be in tact on the nodes we just wouldn't be allowed to make any modifications until the computers are networked again with the miners who find another block. transaction fees would go up as there would be quite a backlog of transactions but bitcoin itself, the blockchain, does not depend on miners. they're just donating they are hashing power to guess how to get the next block, and they want that block for the reward, which is why it makes any sense to invest in hardware to try and get it, mining is the competition for blocks, the nodes agree what blocks are valid.
no, there will always an economic incentive to mine according to the rules enforced by the highly decentralized full nodes. if this were not the case why do we have halvings? halvings suck for miners but they can’t not follow them. it’s also why we don’t have 100x block size
no. someone needs to find the hash for the next block. what these guys are saying is that miners are only one part of the network and there are much more guys like me who just run a node.
it does not. but bitcoins rules are created by the node operators. for example, the halving period is set by node operators, along with the hard cap of 21 million. so bitcoins protocol needs two systems to operate, you see this left out of every conversation. i imagine its because the concept of full nodes is a bit more difficult to understand than the miners. or it is because the people attacking bitcoins "centralized nature", do not actually understand how bitcoin works. miners enforce the rules the node operators set. if some miners go down in a region, like china, and it loses hashing power. it's fine because the nodes are still running, and plenty of other places are still mining. a lot of hashing power is located in china because mining pools are located there as well. so people from the us or anywhere really, are joining the mining pools in china because that is where the servers are. so it looks like the hashing power is centralized, when in reality, the hashing power could be coming from another country. it's just "pooling" up in china. it's similar to when you join a server for a game that is located in china. clearly your computer is in your home, but you joined their hosted servers in china. this is what mining pools are. the two biggest mining pools are in china. f2pool and antpool. the chinese government also does not have anything to do with these pools. which is the connection most people make when they see this. it's a bunch of normal chinese citizens trying to make some money. the greatest irony behind the "bitcoin is centralized in china", argument is that peoples solutions to this are to make even more centralized blockchains. or blockchains that have weaker security by being fast. if you have really fast transactions, low fees, it is easier for someone to ddos the nodes and miners, because they can just send back and forth transactions pointlessly to bog the network down. if you have higher fees though, the cost of doing this is too high. this is why bitcoin is "slow". it's a feature for security. but people compare it to traditional finance systems and the story ends there. bitcoin is as decentralized as the internet right now. if china's internet went down, nobody would be pointing out how centralized the internet is. they do it with bitcoin because it is the low hanging fruit. people love to hate bitcoin.
in 2017 bitmain which controlled 90% hash rate wanted big block size. it is users that control bitcoin not miners
90% of bitcoin has already been mined and thistributiled authority is not from new btc, it is from all existing.
...and i am out of fiat for either :'d
yes, this could very well be elon fucking with shorts as he hates them. and making fun of the sec not doing its job.
lol i have some coinye somewhere
right, but i thought they merged because paypal had a better platform?
that was a mistake that he is famous. fuck that dude. he is anyway a scammer.
oooh allright gotcha! thanks
what a stupid fucking response
this. pools are beneficial to normalize earnings; it takes minutes to redirect your hashrate at any time, any amount of hashrate.
that is a very true perspective, thanks for enlightening my dummy brain haha
you can take a loan out against your 401k. not that i'm advocating for it, but it is handy knowledge to have:
yet the control over the network lies in the nodes, not with the miners. those 70% of hashing power are only relevant as long as they play by the rules of the network. if they do not, they will get cut off, and the network balances itself around whatever remains, hashing difficulty getting easier again for everyone who remains, making it all more lucrative for existing as well as new miners who do play by the rules.
ya you realise one person didnt build rome...and one person didnt build the eifel tower either...i dont see the names of the masons on the pyramids nor do i see the names of the people who built the panama canal. hes the face of all those things i listed in my other comment... which is more credit than anyone on this entire sub will ever be able to say for themselves. but yet hes the dipshit. i get it. your precious bitcoin took a hit. but maybe what hes saying about it isnt wrong...maybe there are better solutions. im not wrong. anyone who argues that i am is just salty.
so what youre saying is youre as smart as you were when you were 5 years old? 🤓🤓 peoples opinions and thoughts change every day. are you so different? ever think maybe hes seeing something none of us are seeing or willing to acknowledge... you really think someone who is as wealthy as him is concerned with pumping a billion dollars out of bitcoin? dudes networth fluctuates more than that every single day.
yea cuz i said they were one man operations...what you did there is called putting words in someones mouth. a clear sign you cant stay within the confines of the context of the conversation.
never said he does. but when it comes to technology and money systems he knows more than anyone on here questioning him. concerning ops post. what about those tweets it shows is elon wrong about? nothing.
i’m an idiot i know but idk if i’m an idiot for asking that question lol. are they real??
sold just a little to test its liquidity right?
when ever he attacks bitcoin the whole market freefalls!
does this mean you’ve validated it? i’m curious to see it as most people seem to be talking in speculation
true but it appears like some may get approved in 2021. so we will see...
and now, one entity does not have control over 35% of the mining power it used to. and everyone new who mines shaves off a little bit of dominance, and decentralizes bitcoin. that's how it is supposed to work. the problem is not that china controls 35% of the hash, it is that we've let them do it. we have to fix that. how many raspberry pis are you willing to set up? if it is none, shut the hell up.
or a way to get another batch of alt(scam)coins...
you say that but he plugged it for months and then decided it was no good for him? no way could he have not known about bitcoins energy use before the tesla announcment
sounds alot like bruce wayne, since no one knows what he really did for gotham.
actually a few people on this sub did complain about that also? we cannot get it cheap when he is pumping it up!
“you were the chosen one! it was said that you would destroy the bitcoin doubters, not join them. bring balance to bitcoin, not leave it in darkness!”
damn, i forgot how good star wars used to be
thank god we have the high ground hahaha
honestly, pretty sure saylor does not care - he is not a child.
i can never forgive the producers of that movie.
i said from day one that it was retarded how the whole crypto community put a guy on a pedestal after he fomo bought btc in 2021 then pumps meme coins. i never understood why people acted like he was some crypto guy, he is not. he is a billionaire having a midlife crisis.
remember when mr. "if i ever deny science blah blah blah" denied covid because he did not want tesla to miss earnings targets? he's always been a huckster... people see hold him up on a pedestal because he cannot form complete sentences when he has a microphone in his hand. "so smart he cant even speak!!" is he brilliant? sure. are brilliant people capable of idiocy? well you're watching this genius further erode his reputation, so you tell me. i saw a post the other day saying musk was an idiot's idea of a smart guy. nailed it.
i love him, i can now buy all coins on sale. in musk we trust
is it just me or does his weird mannerisms remind you of dr evil? his little shimmy is so awkward
he showed the world who he was after trying to make everyone torch a guy who labeled a pedo because dude upset man child musk on twitter people were very quick to forget
musk is just the latest example of why no one individual in the crypto space can be trusted as an “ambassador.” it’s clear why satoshi has remained anonymous. leaders are fallible. a decentralized coin needs decentralized leaders. to host anyone on a pedestal, such as musk, is antithetical to the basic principles of bitcoin.
to many people had a para social relationship and trusted him because he seemed like a genius on a podcast. much like steve jobs look to his personal relationships to see how we can expect him to act. hint: erratic, unstable, and emotionally petty he was fired from paypal and fired out of a canon, they had to basically rebuild the whole thing. he had a bitter relationship with the actual tesla founders and paid them off for the right to call himself "founder" despite being an acquirer like ethison. he's time as ceo has been marred with safety and ethical concerns including union busting and more than one factory floor accident because musk decided to "blue sky" safety. in other words he didnt have hazard lines because he didnt like the color yellow. most people know the fact that he called a diver who *saved childrens lives* a pedophile just because he wanted to save the children personally with his little death trap coffin subs. and of course, because there was a bonus on the line for stock performance, he spread covid denial and bullied the state of california into letting him reopen his *luxury car* factory. and yes people have died as a result. that is not even getting into the other weird things about his life. that he grew up with dimonds as stuffed animals. his deeply weird marriages. that time he suggested selling dirt to poor people. the insane death tube that is the hyperloop and the weird little influencer tesla tube in vegas. point being this man in an unhinged manaic who never has to get help because he is a billionaire. nothing he has to say about crypto or anything should be taken seriously.
no i pretty sure they do not. i do not 'hate' people for thisagreeing with me. the almost cult like response from people after the first tweet probably made him respond this way. the hate i have seen against elon is thisproportionate and now his response is justified... the timing is inconvenient though...
haven’t trusted him since spacex aided the turkish satellite’s launch.
he'll be accepting bitcoin just like everyone else.
spoiled rich boy. he did not make that fortune.
dogee trusts him lol.
fell like gonna escallating next level fud.
should've known since he is been pumping a shit meme coin because he bought in super cheap.
douche-bag because he changes his mind about something sometimes? that does not make sense.
not me. i dont know why he ssid what he did, and i dont care beyond idle musings. he could be trolling, he could be playing 9-dimensional chess, he could be clueless...i dont care. bitcoin will be fine regatdless. i also think we will more or less know why down the road at some point. but i dont care.
ada went up almost a dollar because of this. i fucking love elon musk.
lmao if one person can ruin a crypto than sorry you’re crypto fucking sucks.
it'd be cool to see elon's rival jeff bezos buying bitcoin at amazon and pump the market... bezos is as egocentric as elon... lol
i'm indifferent to him. i'll still get a cybertruck and i'll still be dcaing into crypto. who cares? he's just a person. quit letting him rent space in your head.
he’s a clown. some swear he’s an illuminati puppet...
i don’t hate, i do only good everyday.
don’t say the whole bud, lots of ada owners still love him :)
one may think he is shorting btc to fuck hedgies that are about to get margin called. i think musk would take any chance he could get to screw over hedge funds and short sellers.
ryan cohen unfollowed him on twitter last week if you ask me that was the loudest way he could say "stop saying hes helping ,musk is on musks side"
my thoughts also, he is too overated...
hes just a freaky pot head perhaps sits at home with grinch eh grimes and thinks hey lets stir some shit again. she : pass the dutchie to the...
yeah. i've been thisliking elon for a long time...
it's not the whole crypto community, just bitcoin maxis
he’s not gonna be able to pull the same move twice. that’s for sure
why hate? crypto in the long term will rocket. and for now we bought at a thiscount. red is good. i absolutely do not understand this attitude.
naw just you bitcoin cry babies... lmao
wrong, musk is awesome!
i bet you were sucking his tit, when he made bitcoin skyrocket when tesla announced their holdings!
paper hands portnoy has the softest of all hands
fuck you just triggered a auto buy on my acc... asshat
well what happens if all of them get fucked suddenly? ' the blockchain will automatically decrease difficulty and mining will start speeding up way faster than anyone building another super conglomerate that acts as global transaction service.
nope, same logic does not apply. they are using the same fiat usd which is centralized through the fed and can be printed to infinity. bitcoin node decentralization means nobody can alter the rules to make more than 21mil.
glad i am not the only one. say one word bad about btc and well... i like btc, but it still has flaws.
i'll give away 1000 billion buttholecoins if this post gets 1 like!!!1!1!
but everyone here thinks everything that is not btc is shit
let him. in the long run, the people who understand the point of bitcoin will continue to buy as a way to maintain value. the more people in it, the less it is subject to this manipulative behavior.
absolutely. he's already gotten in trouble for pulling this kind of shit on the stock market
they publicly announced tesla has not divested it is btc holdings when they announced tesla wouldn't accept btc anymore as a payment. so, we do know. unless he lied, and that would be caught red handed.
bitcoin and crypto always recover. last year it dipped big time, but this year bitcoin reached an all time high. just dont invest money that you're not comfortable with losing.
just wait until you see the uptrump2024 coin...!
imagine if it became the main currency in all stores like people want and people just stop spending because in 10 years it will be £10m per coin!!!
he actually worded that in a sleazy way, saying tesla will not sell any more bitcoin. ' however, that is not a lie if they dumped right before that tweet, and right after the report came out.
i acknowledge, and quite commonly we all run up against that wall. the obvious answer, as you already can tell, is to buy more rarely, and to maintain a day job so you keep having an influx of new money to invest.
tesla stock is also regarded as unproven and immature, so maybe not the best example.
maybe that is his aim. he's looking to buy.
which some assume is why elon tweeted the way he did on wednesday
also, it is not uncommon for a node to cross 100 gb of data in a month. service providers (at least in usa) often have data caps. mine has used 24 gb in the last eight days, looking at it.
in short - further strengthening the integrity of the network (which elon doesn’t appear to understand), and being able to verify your own transactions without relying on someone else’s copy of the blockchain and bitcoin software.
everyone should run their own node. it’s super easy, fun, and cheap. you don’t make any $, but all the benefits mentioned above apply. the website makes ordering the parts and setting up the node super easy.
can you explain how the 51% attack fits into this picture? if nodes will always reject invalid (i.e. fraudulent) blocks, how does having 51% of the hashing power allow one to cheat the network?
what stops one entity from just having a ton of nodes to commandeer the network? seems like it would be even easier than having a bunch of mining power because you do not have to do the mining and can use the cheaper node hardware instead
couldn't miner censor transactions? wouldn't that be an issue?
i dont know what you meaning by non-mining nodes 'colluding' but basically the 'consensus rules' of bitcoin are validated by all nodes ( non-mining & mining nodes ) they ensure your node is compatible with your peers. if you run a node you exactly what rules your are using and nobody can force different ones on to you. mining-nodes do not control the consensus rules - that is true, these are cooperatively controlled by everyone running nodes ( mining nodes included ). the nodes that have the biggest influence in them are the ones that are more economically important ( exchanges, large holders wallets ect). however, the miners on your network control how the state updates within these rules & they can enforce backwards compatible rules onto everyone else. eg like censoring transactions. u- because i guess subconsciously insecure about his btc investment
remember the time he called someone “pedo guy” because his proposal to rescue trapped vietnamese people was shot down. elon is not a humble man.
dudes has narcissism personality thisorder for sure... hes all chill and cool when hes the center of attention and when everything is going his way but the second something happens to this self image he goes off the rails because he lost control so he needs to establish a new form of control to set his mind at ease... his snl appearance was so ill received that he decided the power he will seek will be power over the market in general since his little fan boys turned their backs on him... i bet hes getting off on this hes also a big time grifter, he would be nowhere without constant government handouts
this is far from the first time he is done this
it's a reference to musk calling that diver who saved those kids a pedo
aside from him having more than one connection to epstein, and grimes looking about 12, there is nothing to see here.
if it were easy to throw a thousand engineers in a room together and shit out a functioning rocket a lot more companies would be successful.
it is effort to organise all those people behind an idea though. even if that’s elon’s only role it’s still quite impressive
he is actually the 2nd ceo at tesla. he didnt create the tech in the first place, but takes credit for it now edit: 4th ceo
what's super wild is his sudden pivots. like one day crypto bad then crypto good then shit coin good bitcoin bad
what are the best electric cars? genuinely interested, not trying to pick a fight
>and nearly every mission given by nasa (and thus funds we can track) have gone waayyy over budget... every time. i'm pretty sure you are wrong. can you provide some examples ? from my knowledge spacex usually get the lowest amount of money from nasa and delivers more than their competitors. commercial crew program, they got way less than boeing and launched a year ago successfully while boeing has yet to fly. and now the same with the lunar lander, they won the least amount of initial phase and are the only one selected from 3 bids. the only thing you can accuse elon regarding spacex is the timelines he sets, they are usually too optimistic. but missing deadlines is something common to the industry and usually spacex competitors (big dogs of the industry) do worse than them in that regard (hello boeing and sls). maybe musk is a moron in crypto, but you have to give him credit for what he does good. just shitting on him for something you have no clue about, it looks kinda hypocrite when you do the same that you accuse musk to be guilty
that is pretty harsh on spacex... they are in track to do 6 launches in 8 weeks that is insane. ula starliner vs crew dragon. look at starship. say what you want about musk but spacex is incredible... would i ever work for them nope but i am not gonna throw away what they have done in aerospace.
>i've always had some amount of skepticism about musk, but over time he is proven himself to be more and more of a con-man right... let's ignore the fact that tesla makes the top selling ev: [ or how spacex has literally used a booster 10 times: [ i get people not liking elon's style... but it is bloody-minded to pretend he and his companies have not achieved anything.
i have honestly never understood the hype. he is the epitome of 'eccentric billionaire.' maybe it was my upbringing but in my mind that pretty much always equals 'do not trust'. they are always the villian lol.
not to mention his cars are not all that great. yeah they have the best range, but the build quality is shit. they have quickly became one of the most expensive brands to maintain, while the fans argue thay electric cars have cheap maintenance costs.
i'm wondering, what is a better ev than a tesla? i'm just curious, i do not mean to prove you wrong just wanna know
this needs more visibility. he's a huckster.
landing a rocket back on the ground is not a con man. single handedly dragging the auto industry towards evs is not a con. you don’t have to like him but the man kicks some ass
actually his tweet mentioning paypal only confirms what a dirtbag he is. paypal from its inception had the business model of freezing your account under the guise of security then demanding every single id you could imagine and still hold onto your money forever. paypal pioneered this practice of freezing accounts and stealing the funds, and many companies have followed the playbook. gemini seems to have embraced it, based on the large number of complaints about frozen accounts.
yeah i did a deep dive on elon and he definitely isn’t as smart as people portray him to be. when he took over tesla, he canned a lot of the big dogs working there. people hated working for him and they went through many ceos in the early stages of tesla.
damn... fuck him. tweeting once to fuck the market, then when everyone is upset, tweets again to further fuck the market. i am so tired of this narcissistic megalomaniac.
yet people see this man as a god and take every word and every tweet with great emphasis it’s basically a religion at this point , while all along he’s nothing but a power freak
that he knows about it. the guy needs to balance his meds
probably the reason he is the way he is that he was abused by other kids and now he’s high on his own bruised ego...the man was a balding twig in his 20s...
anonymously posted “rumors”. take them with a grain of salt obviously but it’s a way for people to get info about celebs out without risking retaliation. check out the steven seagal ones too that dudes “allegedly” a fucking monster
all he has to do is paint a big black parabolic curve on the side of a mountain.
ah, of course. what a dumbass tweet. he should delete it - for his sake
mining difficulty is adjusted about every 2 weeks. if miners stops that just means that more people can join in with cheaper hardware. it has happened in the past that lots of new mining comes online then the churn thru the blocks very quickly (clearing low fee transactions in the process) until the adjustment happen to bring blocks back to every 10 m. if mining power drops by a lot like the event elon is talking about then it’ll take longer but the adjustment would eventually happen. and the miners are the slaves of the nodes so yeah it does sounds very decentralized and he doesn’t sounds like he knows what he’s talking about lately.
this is good post. thank you. question remains tho. my understanding was that btc will eventually be mined to the full in the next century. and once that happens the "miners" will focus on providing transaction strength to the blockchain. isnit possible that they will not be needed and each personal computer can maintain the enlarged blockchain without massive data farms currently in use?
that's what i thought. thanks
hey nice. thanks. i have been interested in these "nods." how much do you spend on running a node? is that something a normal pc owner like me can do? will i get super high utility bill?
that was a great summary. if i was on twitter i'd send it to the elongated muskrat... he needs educating.
you should post this as it’s own original comment. it took like 10 comments to get down to some actual information rather than “lol elon’s dumb.” the way to combat stupidity isn’t calling someone stupid, it’s creating a counter argument.
quite possibly, i thought it was because they were both running each other in to the ground trying to compete and used the pp name going forward as it was less ambiguous.
someone's mad their online comments cannot add.
yup i did this and doubled the amount that i borrowed
i did not know this. i'm going to do a little research. i think the upcoming gme squeeze might crash the stock market and i want more assets in crypto.
you realize you literally said 'he has single handedly' in one post, and then followed it up with 'you realize one person did not build rome' in the next when somebody pointed out it was not true?
of course there are better solutions... not a fanboy here. that does not change the situation that elon just uses twitter to manipulate and get a laugh out of the massive influence over his sheep. his past credentials are not relevant for the world of crypto. i have seen most interviews with him in existance. every engineer can tell you that there is a suspicious lack of technical knowledge. he pretents to be an engineer, but all he does is marketing. read his twitter posts like from someone who did 5min research beforehand in order to appear smart an feed his ego.
right but this isn’t a simple opinion of your favourite cake or something. surely someone as knowledgeable as him would know about these supposed problems with bitcoin before investing and using it for his company? did he just not research properly? none of the information really changed, so what changed his mind?
you certainly implied all credit is due to the master visionary, techno-king...blah, blah, blah. humanity needs to move beyond the narrative of the the titan who towers above all... he is just some fucking guy...shits like the rest of us. we need to look to our collective and not these men. kings, emperor's, the imperial american president, messiahs... thats the narrative you're pushing. i'm saying there is a lot more going on than the one man show. humanity needs to move beyond. as far as true greatness amongst the figures of history...nah...musk is a huckster charlatan. imagine newton tweeting... do not think so.
just cause he is rich does not mean he knows what he is talking about. look up the indian billionaire who got his wealth by starting an energy drink company. nice guy in essence, but the man is a complete buffoon and has no idea what he is doing.
>i’m an idiot i know but idk if i’m an idiot for asking that question lol. are they real?? [
>i’m an idiot i know but idk if i’m an idiot for asking that question lol. are they real?? yes
>sold just a little to test its liquidity right? lol no basically confirmed that next q when tesla reports there will be no bitcoin on their balance sheet
there is nothing to validate. he replied "indeed" to a tweet which contained a bunch of different statements. reading shit into that as if it is indicative of tesla board decisions would be folly.
>true but it appears like some may get approved in 2021. so we will see... [
>you say that but he plugged it for months and then decided it was no good for him? no way could he have not known about bitcoins energy use before the tesla announcment [
elon is referencing "get rich quick" version of btc. yeah sure there are plenty of people who did but the point of it is that there is more trust in one bitcoin over all of the world governments fiat currencies, for example the us printing more money than every before in history devaluing everyones labor. so non printable and can be tracked by a government agency makes it valuable to everyone. darth musk can claim whatever but i bet he will buy more so hes just talking shit.
saylor, probably: were my brother!
a betrayal within a betrayal
what do you mean? it’s a great movie.
me too... as much as i loved seeing the dollar value of my portfolio increase, i always felt very uneasy about how much power he had to influence the market. easy come, easy go. 1 bitcoin still equals 1 bitcoin. and through it all, block production continues.
also it is not like his activities have been a secret. you can track his sayings, tweets, behaviour etc like the performance of a stock or coin, to know he is highly volatile, does things on a whim, is desperate for relevancy, does not care about others, takes advantage of people, has no integrity, is petty etc etc
i’ll never buy one of his gay ass cars now
disclaimer- i do not and have never been an elon fan. i probably missed out on a lot of money because i never trusted him and still would not buy in his continuously overvalued company. that being said, i have never been happier with the guy for creating such great buying opportunities for btc. i admittedly got into btc a little late and my average cost is pretty high but i still have no problem buying at 45 and i kind of hope it keeps dropping
i had the thought recently that mr. muskrat is envious of his young, nerdy following. he's the establishment but he wants to roleplay as a tech obsessed teen. doing things "for the lulz" because acting like he is on 2007 4chan makes him feel like he is not thr antithesis of that
i think he knows better than you
musk doesn’t care about money... he has plenty of that. he only cares about doing whatever he wants at this point and thisregarding the fact that his actions can ruin peoples’ lives.
not everyone, just the media imo! it’s a sad fact that people equate wealth with intelligence and many other positive traits. trust your gut - i never trusted musk!
1.5 billion bought when it was 32k pretty sure it was sweet that he doubled his money in 30 days.
anyone who ever thought any of his interests in crypto was not just to pump and dump is a moron. buy, generate hype, sell, shit on or wait for prices to normalize, repeat.
you can’t be serious as it would be this easy. since tesla got shorted hard he said the sec is a joke and are not regulating. now the msm screams retail investors are manipulating the market, meanwhile they are manipulating the market since tv released probably before on radio i don’t know tbh. elon said before that every human can create his own shit coin and wasn’t a big crypto fan at all. now he has gone crazy and pump&dump right in front of everyone’s eye what is that telling us? he’s playing with the regulatory so they 1. blame him for manipulating the market and admit they did too 2. or leave him alone and admit everyone can pump&dump the stock market in his favor ———- i don’t know if this is true, the only thing i know is musk is one of the big minds in our lifetime, and he won’t risk his reputation over dumb shit or some more millions
i've been saying the same about saylor but he is still on a pedestal bc he has no choice but to be all in btc. elons success is not directly ties to btc. i worked with microstrategy for years and saylor is one of the worst leaders and ceos. his company had become complete garbage and lost all the respect from the industry. he throws a hail mary with his company's treasury and ppl praise him?? he was fucked and btc saved his ass. he has a company to run but all he does is talk btc. wtf has microstrategy done lately?
he is a billionaire taking advantage of a decentralized, unregulated market. what sentimentality did y’all expect of him???
that’s very harsh to say. i don’t know that guy but please be kind, i also agree he’s not a crypto guy but insulting about another person’s life is definitely not a good step towards a good community.
and you’re some pissed neck beard losing money. cry more 🥲🥲🥲🥲
he’s definitely a money guy and there is money in crypto. he’s got enough power to tank the entire ecosystem. we should probably respect his opinion
savvy businessman? for sure. genius? probably not. people talking about him online always sound like they think he is the one coming up with these incredible ideas and the engineering behind them. good marketing is the reason we have musks face on tesla and not the team of braniacs who are actually developing the technologies. it was the same story with apple and steve jobs.
i will forever use ben *“the pyramids are grain silos”* carson as my main example. incredible neurosurgeon and genuine idiot.
you nailed it by simply calling the man a huckster.
use to wonder why he talked like that until snl where i realise it is because he is autistic... like literally
>people see hold him up on a pedestal because he cannot form complete sentences when he has a microphone in his hand. "so smart he cant even speak!!" bunch of stuttering spergs are just happy to see one of their own in a position of power
pretty sure his public speaking issues have something to do with his autism. he's still a brilliant guy. i like his over all goal to make the human race multiplanitory. if he is a billionaire and can be a dick sometimes i do not really care tbh.
>a huckster... a muskter
there are several domains of intelligence. musk is proficient in being a showman and stealing credit. he played scientist by writing some absurd covid paper with super low n numbers. other than that and maybe 3 other things, musk does nothing except make people think he does.
look into the hyperloop stuff too it was a total scam from the getgo. musk is a con artist plain and simple.
i wonder how long before his publicist takes over his twitter account to put out fires
it was maybe 10 years ago i heard the phrase “never meet your heroes,” and at the time, i didn’t really understand what it meant. did it mean they won’t be as impressive as you think? would they be jerks? no, they are just as fallible and troubled as anyone else. they aren’t that much smarter, and if anything, their status has gone to their head.
i wouldn't be surprised if elon musk is just another project of someone, just like greta thunberg
i think that statement is reserved for trump
in all fairness he does have aspergers, and i wouldn't say the man that created the worlds first all electric vehicle company and the worlds leading space agency is an idiot, but what do i know? crypto genius, obviously not.
i wonder how much drugs he takes regularly or has taken, and how much of his dumb behavior comes from that
covid is a made up thisease by some criminals that have taken over the medical industry. its a thisease name for corona viruses that have been around forever. you’ve been worked over scammed and hoaxed and about to be poisoned by injection. did you even look into things. the description process the medical industry uses to describe identitys of what they call viruses. for sarscov2 was an identity generated on a computer model it never existed in real life or taken fron a human. that is what they used to describe the first virus in there fictional crisis. everything else is variants that there’s always different variants always has been and always will be millions of them nothing new there never was a new process of the body making new viruses. well until you get injected with there poisons you now are making the synthetic viruses in your body on there command or should i say the command of recipe they inject you with. its going to be funny when the medical industry starts claiming they need you to follow some new rules because technically you are carrying there uploaded programs in your body now. so they are just protecting there medical systems because you know there liable and stuff for there software theyve dowloaded into you.
when did he deny covid? i think he is a douche for a number of reasons but when it comes to covid he cited the cdc's own data, what am i missing here?
no, because covid was horseshit... it is a mild cold virus that may have killed a few thousand elderly people. the lockdowns killed far more people than covid, and will over time continue to kill more
you mean the deadly virus. with 99 percent survival rate
one way he helped many who missed the train , now is the chance to get in !!!
haha you’re right! but dr evil is more charismatic. his snl appearance was cringe worthy.
i remember this. musk is vile. that was absolute cringe and evil.
wow, i did not know all this. i hope people start to see his true colors now. my opinion on him is based mostly upon him and the thousands of low orbit satellites he is sending up. i'm stuck between a hard place, if i say, i'll get shunned by the zombie masses, and if i make too much noise about it, i risk being a target of the powers that be. sort of like galileo when he proposed the earth may be round and may be revolving around the sun instead. i'm in no way on the level of galileo, i was unfortunate enough to be propelled high enough to see for myself that the earth is round, sort of speak. that is how i know what i know, otherwise i may be just like most of us, living in ignorance of certain truths.
probably also has something to do with him not being a good person
who made it for him?
it’s a ego trip too, watch me pump of the shittiest of shit coins, and then shit talk bitcoin, the king of crypto that made all this possible.
cause he’s a manipulator. red is good. ok. green is better. all green all the time is the best. we both know that’s no possible but he scared off all of potential newbies.
this! the fools do not get it.
they're only capable of manipulating it because the value is still so low. the larger the market value grows the hard it will get
> the blockchain will automatically decrease difficulty and mining will start speeding up way faster than anyone building another super conglomerate that acts as global transaction service. let's say there are 3 party controlling each 30% of the hash rate, the rest is smaller pool. if suddenly 1 drop, each will control 43% and the smaller pool 14% if 2 drop, the last party will control 75% and there is a problem of decentralized: majority attack (51% attack)
you know the hashrate is lock at a particular difficulty for 2016 blocks right? if 3, it would take 4 weeks of 40 minute blocks before the difficulty dropped. granted what you said is true, it does take a lot of time.
right and agreed on the rules and cap. my question is then; as a medium of exchange, doesn’t bitcoin being heavily reliant on a relatively few miners to facilitate transactions, defeat the goal of decentralization? it can be as decentralized as we want but if we can’t easily move it around, it loses value to a great many people.
my shitcoins are suffering. please gib butthole
i thought the point of cryptos was to use them and make them slowly replace fiat, not hoard them or trade them like forex or commodity...
and that is most likely when he found this golden goose. unregulated, decentralised, abusable. he hated cryptos for long and this way he can damage it in it is relative infancy while making big bucks.
would that be illegal?
yeah, i just saw it rises a bit again. the problem is not really that we dip. but somehow, my mind says i 'loose' money when it dips even though i'm still well in the positives... (started mid of last year going back in and am already a member since 2017). it just feels like loosing money (or an opportunity...?)
you mean like how i woke up this morning and the top post is a shitcoin called bananos?
i wonder how it could be a main currency if the value is still tied to a fiat.
>maintain a day job so you keep having an influx of new money to invest. facts. and make sure you time selling your organs at the lowest dip as you can only pull that a few times for major 📈
yeah it is not like he could destroy coca cola's stock price with a tweet, or nike's or apple's. we are definitely at the head of a super large bull market. i do not see how anyone can see btc grow from like .
except gme when he tweeted “gamestonks”.
yep. wait, is it still a rumor or has tesla actually sold it?
there are ways to reduce data usage:
a 51% attack that does stuff like e.g. double-spend is a miner-initiated hard fork which splits bitcoin into two parallel chains. the attacker who owns most of the hashrate can mine blocks and withhold them from the rest of the network, creating a *secret* fork. then, when the attacker has spent the coins he wants to double-spend and is satisfied that the rest of the miners will not be able to catch up: the secret fork gets propagated to the rest of the network in the usual way. at this point, nodes will notice that they are out of sync with the longest fully-valid chain. the attacker's chain follows the same rules! if it did not, then you're right, the nodes would reject it. however, it looks normal! everything checks out! so the nodes accept it and switch to it. the other miners (who are themselves nodes) begin adding to it. the coins that were spent on the original chain after the fork was created, but before it was published, are now un-spent on the new chain. the attacker spends his coins again, and then perhaps repeats this process...
not an expert, but what would you gain by having a lot of nodes. you’d have to have the mining and the nodes. but this is effectively a “fork” isn’t it? so you’d just wreck your own btc fork and the “legitimate” miners and nodes would keep the old chain.
all miners run full nodes. these guys are good at twisting the facts
there is only one node that really matters, your node. the point is that in theory any bitcoin user can run a node to determine the longest valid blockchain. even a malicious coalition of miners cannot confirm invalid transactions. the worse a 51% attacker can do is stall transaction processing or un-confirm past transactions. such an attack has never happened because it would be ridiculously expensive to pull off and would be difficult to profit from.
they could but then they would lose the miner fees for those transactions which could result in a loss of money if electricity is not super cheap for them. as well mining is done in pools made up of many individual miners. if a pool decided to censor transaction then the individual miners could just move to a different pool so they maximize the amount of fees they collect. as well if a pool does not have that much hash power because miners do not want to be in a censorship pool they will not mine as many blocks, again losing out on fees and block reward. marathon is a pool that does this and i read that the few blocks they did end up mining collected 60% less fees then the block mined before and after their censorship block. the incentive structure of bitcoin works very well.
grr man help children before me so he pedo
i'm pretty sure it is a reference to him hanging out with ghislaine maxwell.
it’s called a pump and dump
>single handedly dragging the auto industry towards evs is not a con. you mean prius or nissan? evs existed [long before him]( the market was already leaning back into ev... tesla only even reached market top sales in 2015-2016. but the nissan leaf actually had more sales than tesla until relatively recently. so no. not single-handedly. nissan alone had been doing it, and doing more overall sales than tesla until something like late 2019... sorry, but i do not simp for elon-sama.
shotwell basically runs spacex, elon is the hype man. he’s very good as the hype man, but the idea that spacex is all him is a joke.
tell me what's "haterade" about the comment? spacex can be impressive and still be a con. once again; he has missed all of his own deadlines (mars anyone?) failed to meet every cost metric that we can evaluate it is impressive... but still a con. also was not really all his doing now was it? the only thing they are doing legitimately well as far as i can tell is starlink, but even that i have reservations about since it seems they are near saturation of their orbit and have not rolled out to all that many customers. we'll see. there's no "haterade". i do not hate simply to hate. i've been watching all of the myriad of projects. the vast majority of them are bs... i'm not going to simp for him because he has 2 relatively successful projects when i see the dozens of others that are complete and obvious failures.
> paypal only confirms what a dirtbag he is. ah yes, the other company that he got all sorts of publicity from even though he was not a part of it at all... >early history >paypal was originally established by max levchin, peter thiel, and luke nosek in december 1998 as confinity,[11] a company that developed security software for handheld devices. it had no success with that business model, however, so switched its focus to a digital wallet.[12] the first version of the paypal electronic payments system was launched in 1999.[13] >in march 2000, confinity merged into x.com, an online banking company founded in january 1999 by elon musk.[14] musk was optimistic about the future success of the money transfer business confinity was developing.[15] musk and bill harris, then-president and ceo of x.com, thisagreed about the potential future success of the money transfer business and harris left the company in may 2000.[16] in october of that year, musk decided that x.com would terminate its other internet banking operations and focus on paypal.[17] that same month, elon musk was replaced by peter thiel as ceo of x.com,[18] which was renamed paypal in 2001 and went public in 2002.[19][20][21] paypal's ipo listed under the ticker pypl at .[22] so he tried making his own variant... failed... bought another company and merged them in. disagreed with their already working product that beat his... then got replaced out of it. then the new guy got it on track and made it work... elon was literally a road bump for them, he made that money out of other people's work. but for some reason he gets tons of credit for the nearly nothing he did there.
during your deep dive did you read his biography "elon musk: tesla, spacex, and the quest for a fantastic future"? if you had, you'd know that pre-spacex he went to russia to buy their rockets (just like most nations did at the time) and it was so expensive he flew back home and taught himself literal fucking rocket science and started designing his own. give credit where credit is due and actually do some better research next time before sharing an uneducated opinion.
everyone was blowing him when he bought bitcoin. gotta sleep in the bed you make.
moore's law is a thing and that is why bitcoin was created the way it was. it took into account the possibility that we could fit 10 of the blockchain in our phones at some point in the thistant future. the last bitcoin, if we continue the network, will be mined at 2140ish. i suspect by then there will be enough modifications to the code that it would not feel like the last bitcoin was mined. but who knows i'll be dead lol
you can do it by yourself with a shitty pc, you just need 400gb of space to download the blockchan. it runs when the pc is turned on. uses virtually zero chip resources.
i agree and am not arguing there are more technically sound people out there on respective topics. everyone replying to my original post on this is missing the entire point of what im even saying. my point is all the people on here talkn shit about him are just mad because theyre salty. so when they say shit like hes stupid its because theyre mad. people on here should be thanking him. marketing is this dudes strong suit. so when hes keeping cryptocurrency on the front page they should embrace it.
hard telling. but you think someone thats into renewable energy and has a foot in the solar industry might not try and find a more effective way to make bitcoin more electric friendly? maybe the bitcoin community needs that push. seems like instead of figuring out a real issue which is the electricity involved...the community seems more focused on hyper profits. the community needs to focus more on the evolution and how theyre going to secure a spot in the future instead of just focusing on profits. every day they waste is another day closer to another crypto community making bitcoin obsolete amd your bitcoins worthless. you should be encouraging this kind of healthy skepticism. not condemning it. that is if you truely believe in the future of crypto. the bitcoin community is getting complacent.
ps he is not the richest, even officially do not forget the secret money like putin or xi they are probably sitting on some stacks
who said it was news? every day the concerns with green energy and green technology and all that grows. how about instead of viewing it as a ding to your wallet you shift perspective and see it as this is the kind of frame of thought influential people in this world are looking for. its time for bitcoin to evolve or its going to become obsolete. its a matter of time. the truth is like hearing your mom and dad bangin...no one wants to hear that shit.
being rich from revolutionising online payment systems (paypal)...creating reusable rockets (one just completed its 8th flight)...and being responsible for leading the way for the entire world and electric vehicles...is way different than becoming rich from selling energy drinks dude. like not even in the same universe of entrepreneurship.
omg they’re real. musk is bugging out lol
what? of course there is, unless you take his word as gospel. the man is literally shitting all over btc but mentioned he hasn’t sold his btc. maybe he is telling the truth, maybe he isn’t. i’m just asking if it’s possible for the community to actually verify it based on how the blockchain works.
ngl i cannot work out if you also think he is doing something underhand or not 🤷‍♂️
99% of the people who buy bitcoin this next wave will either a. never hear what musk said about it, or b. not give a fuck about what he said. they're looking at the price of the dollar and thinking, "bitcoin will probably be above 100k in 5 years while the value of the dollar goes down". so they make an investment in this dip, while it is on sale.
i was thinking... darth musk
> 1 bitcoin still equals 1 bitcoin source please
lambo > tesla ' always has been.
you probably own some of tesla without even knowing. it is such a large company and listed in the s&p500.
exactly correct. i’ll be buying all the way down.
bingo. i would not be surprised at all if he is going to be quietly buying back in next week at like 36k or something.
never made a billion, i am poor. i am not taking anything away from elon as an entrepreneur, i am just saying he is as dumb as a rock in crypto. in terms of percentage, i have way bigger gains than him... he is basically broken even on btc and went like 4x in a pump and dump meme coin he was pumping... crypto genius right here lol.
i am still up 2x... who said anything about losing money?
exactly!! lol, i love reading of all these tears of the butthurts!!🤣🤣🤣
money doesn’t buy respect
begs the question of how easy you'd fall to a dictator
>he’s got enough power to tank the entire ecosystem. we should probably respect his opinion. no he does not and no i would not.
>we should probably respect his opinion no we should not.
spoken like a true simp
yeah people need to realize that just because someone is a savvy or intelligent businessman it does not mean they are a genius. jobs is a perfect example. great businessman, great ceo and company lead… but the guy literally thought juice cleanses, hiring a psychic and getting acupuncture would cure his cancer and waited almost a year to get the surgery literally all his doctors recommended which would have most likely prevented his death years later.
pretty sure he is no genius. he's just cultivated a talent for always having enough money for what he wants. he buys things, this is musk's one thing.
to be great— you have to be selfish. —michael jordan
thing is, he is not one of their own. he's not one of anyone's own. he has nothing in common with anyone besides other billionaires. that's like a bald person saying jeff bezos is "one of their own". like... he has more yachts than you have bills in your wallet. he earns more per hour than you will earn in your lifetime. he is unimaginably rich and has worldwide fame, you are some nobody who has a realistic chance of losing your home and dying in the streets. he *does not* understand your struggles and *does not* deserve your sympathy. the only thing these multibillionaires and us commoners have in common is that we all belong to the species of *homo sapiens*, and even then, there is an alarmingly big number of conspiracy theorists who would beg to differ.
there is no way that man has aspergers. he is a sociopathic narcissist desperate for attention who made that up to back up the “genius” thing he is pushing. he is cut throat business man and brilliant manipulator like most billionaires he didn’t found paypal... he bought in. he didn’t found or have the vision for tesla... he came in with money then pushed founders aside.
i don’t know how anyone takes the people in this comment section seriously. people downplaying musks accomplishments and insulting his intelligence. it’s easy to criticize but seriously like maybe these people need to look at themselves before they compare. i’d be willing to bet their own accomplishments fall a tad short.
if you're not joking then this sounds like the unraveling of paranoid schizophrenia.
shouldn't you be off playing with your essential oils?
thank you for self-identifying as an idiot. saves the rest of us from having to spot you twats in crowds.
i can’t possibly be the first to tell you how ignorant that statement is. hey remember that time your orange cult leader had to be rushed to the hospital and put on a cocktail of treatments to, realistically speaking, save his fat ass?
he decided to speak his mind just days after i had been debating investing in bitcoin for ages. it sucks to see my investment immediately tank but this was never a short term thing for me. i just wish i had delayed a week longer after i had already waited (foolishly) for years.
thats really fair. ill certainly admit hes done some good or atleast undeniably impressive things. my issue is mostly that people tend to give him credit on things he knows nothing about and overlook his glaring instability (which most charitably could be attributed to him being on the spectrum and having his ego inflared by millions of die hard followers). this crypto issue is sorta just what brings it to the surface but i felt the same about covid. people should take as mich advice from him about these topics as you would from steve jobs about how to treat cancer. its frustrating
because he has a different opinion, suddenly everyone in this subreddit hates him. lol it is quite pathetic how immature some people are
there will always be newbies. blockchain adoption is still in its infancy. news recently came in about hedge funds preparing a massive dive into crypto the next decade. in two weeks the whole internet will forgive, in two months no one will remember. people whine too much and are myopic in time. we all manipulate on a smaller or larger scale, in our families, our social circle, we're homo sapiens. elon is a fantastic combination of dumbass and genius, like a lot of smart people. just do what surfers tell you, do not fight the wave, use it.
it's not so centralized as you think. those are pools of miners, the miners are in the same region because electricity is cheap there. it's far more expensive to follow the rules and buy tons of miners and compete in an already established ecosystem, than to cry foul and say pos is better because of a,b,c when in reality they just do not want to have to do any work.
same goes for us as well
there is no regulation on crypto or what he says on twitter.
half of the bitcoin subreddit think it is going to go to the moon by the end of each month so its not an unfamiliar concept to think they assume it will keep going up
you miss the point. that is still a single stock from a pool of thousands.
if they did they made a nice profit.
good to know, thanks!
which is why it should be concerning that >51% of all bitcoin mining is done by china, the world leader in cooking the books.
well, they just said that if miners act badly, the nodes would just ignore their blocks. so why should not i run 11k nodes and then just ignore some miners. who decides which nodes are legit?
correct. what a strange episode. i looked the other way till this whole buy btc then trash it... now i'm mad
the space shuttle did it in the 80s and also new shepard arguably left the atmosphere and landed before the falcon 9. falcon 9 is incredible though.
his huge bank account is the coincidence. not many people with tip top fortunes are interested in blowing their money up (literally). elon just doesn’t care and would rather get his ego stroked by being some progressive company builder, rather than be a boring bezos or buffet or zuck etc. its awesome elon is doing interesting shit with his endless fortune. people like gates is cool too but gates peaked and is just investing and giving money away. which is great but it’s different than building microsoft and then next building crazy new companies like all electric vehicles and reusable rockets. bezos or buffet should build a real life jurassic park if they want to start to compete with elon’s crazy projects.
i think you would be surprised how much incredible innovation came from random groups of people at the behest of an idiot with capital trying to profit off of something entirely different.
well yeah but the glue sniffers still worship him
toyota is the inventor of the prius and now they’re shilling hydrogen fuel cells for the oil industry. educate yourself son
not according to shotwell and the rest of the core engineering teams, but what do they know.
the only thing hilarious is your lack of understanding of the real world and thinking you’re smart. paypal’s business model was to freeze accounts randomly for up to 180 days to earn interest on the frozen funds. yea back in the early 2000’s you actually got paid interest, unlike nowadays. and who knows what they did with your passport, drivers license, etc.? if you google paypal frozen accounts just look at the sheer number of results. you think all the frozen accounts complaints and stories are made up? fucking dumbass
i know that his family was rich and all his beginning projects he built himself failed. the guy dropped out of stanford two days in to start a company that inevitably failed. created zip2 and the code was so bad that actual engineers had to redo the whole thing. didn’t even create paypal either. but sure…keep sucking elon’s dick.
yeah, you are right. i guess time will tell what his influence means. all this salt from bitcoiners is definitely not helping.
> unless you take his word as gospel. what if you ignore his words? > i’m just asking if it’s possible for the community to actually verify it future telsa sec filings.
>ngl i cannot work out if you also think he is doing something underhand or not 🤷‍♂️ tesla doesnt need its bitcoin to make money. if they lost 100% of their investment they would be fine. tesla needs government handouts in the form of tax credits. they routinely lose money selling cars but manipulation within the bullshit green energy bureaucracy has more than made up for their losses. [
that sounds like what the inside of vader's prosthetics smell like.
for all that is good and holy, do not let this comment be lost in the anals (i know) of redthistory.
mclarens where's its at
lambo = 5 tesla or so
i’m up 8x if we go below 30k i can buy more without hurting my dca to much
tell that to the united states senate
money is power. power is respect or get crushed from thisrespecting
i guess innovators are dictators now that’s new to me
he does and he just demonstrated his power and you will as a by product
i only know one person irl that has asperger's and he exhibits a lot if these behaviours pointed out by op. to your second point, i made this point somewhere else. saying elon is not a smart dude because he bought these companies and did not found them makes no sense. he is a genius in part because of these business decisions. its like saying thomas ethison was not brilliant because his employees invented most of the things he is famous for. no, thomas ethison was brilliant and changed the world because he had vision. he brought in brilliant people and gave them a platform to create technology that revolutionized the way people live and communicate. elon musk is no different in that sense. he buys into these companies knowing they are revolutionary. how can you say tesla would be what it is today without elon, or paypal, or space x? fyi i'm not an elon fan boy, i know tesla's turnover is high and his employees are not really treated that well. i know he does stupid shit and does not always have the best judgement on topics. he is a human nothing more, he is not perfect and in some situations he makes the worst choices. i just personally think that he is a human that will one day be known in the history books, like thomas ethison, as being a person to advance our technological developments beyond what they are today. you do not have to like elon, you do not have to like his opinions, you do not have to like his business practices. however, you have to admit that he has and will continue to improve life via his companies technologies.
i agree. saying "he isnt smart hes just a buisnessman he just steals peoples companies". its like saying thomas ethison, because he stole his employees inventions, was not a crucial part of the technological advancement of the human race.
it's hard to be objective when you've lost a shit ton of money as a result of one man's actions. to be succinct...we're fucking pissed off.
good one man!!! burn ouch i’m sorry bud
no dude you should be fine , bottom is around 43k if it comes down to that, this bull cycle we will surely see
i feel you. i did my first investment in btc 2 days before his damn tweet. now i do not have money to buy the real dip.
although it is thisappointing that it took so long for people to recognize that elon is not a good person, i’m glad its now happening.
i understand but there are lots of people out there that do not know any better and are just following the lead of a major icon that seems trustable. elon abused his power... he knows what his tweets would do, he is not stupid. that is not forgivable for his my judgement of his character. regardless of what good people believe he is doing for humanity... i see it differently... his cars are not green, his batteries are not green at all, his intentions are not as humanitarian or as good as it seems. i know something bad about what his companies are doing and i know that he is smart enough to be aware of what i am aware of, so i see him more as selfish and evil...if you knew what i am talking about... you may change your mind about him too.
fair points. i guess unless we know the ownership breakdown of the hash rate, not just the number of rigs running, we will never be sure. still not great that a flood takes out 35% of the equipment. and before anyone points out that the stock exchanges have backups that aren’t as good as decentralized systems blah blah blah… we all know it doesn’t matter. the traditional exchanges have nothing to prove. nobody is questioning their ability to run a market (except maybe anyone holding gme or amc). btc has everything to prove still so stuff like this matters.
but afaik, there is regulation on wrongly communicating about huge investments of publicly traded companies like tesla.
they've given two examples of him affecting the stock market. that is the point. if he were to tweet saying "spy looking super sus, watch out soon" you'd watch the whole spy go down.
you acting like gme is just another thing that happened. there's literally never been anything like gme in the history of the stock market before where a single stock caused so much financial upheaval from a collective retail collaboration.
so elon was right after all?
the space shuttle was not a rocket
the space shuttle never made an automated landing. the soviet’s version did, but the space shuttle required a crew. the person you responded to specifically said automated landing.
at much greater cost, and development time and resources, and not at all in the same way. when using the term rocket in this context it’s understood that it’s (in dumbed down terms) a “rocket looking” thing, (vertical tube), which reusing and landing vertically on a small launch pad is a much more impressive feat. being pedantic for the sake of being pedantic doesn’t win you any points, on the internet or in real life. the shuttle was more of a rocket propelled glider, launching like a rocket and returning (most of the time) like a glider.
yeah it used to be wars that sparked innovation now it’s just guys with personality thisorders in twitter. i guess this is better but i still don’t like it.
oh yeah? what phone existed before the iphone that had the same functionality? no where near the same argument.
i am education "son" >the tesla model 3 surpassed the nissan leaf in early 2020 to become the world's best selling electric car ever, with more than 500,000 sold by march 2020.[199] tesla also became the first auto manufacturer to produce 1 million electric cars in march 2020.[213] by august 2020, global sales of the model 3 totaled around 645,000 units.[6] i wouldn't call it "single handedly" when they did not even have the majority of ev sales until literally last year. so you might want to "educate" yourself on the definition of "single handedly". edit: also it seems you need to educate yourself on grammar... i know prius is toyota you numpty. that's why there is an "or" there. >you mean prius [toyota] **or** nissan? edit2: oh oh... and also >combined sales of all-electric cars and light-duty commercial vans since 2010 achieved the 10 million unit milestone by the end of 2020.[3] yeah! 10% of all sales up to 2020 and 0% early sales (pre-2012) totally single handedly... it's easy to come in and sell something when other companies did all the leg work of making it "normal". general motors ev1 nissan leaf chevrolet volt all came before the model s. and all outsold the model s for a long long long time.
bahahah that is what you're mad about? bah humbug. failing is a huge part of success. the best fail many times before getting it right (ethison and the light bulb comes to mind).
come on man, you can do better than that.
yes, rather than waiting for that i’m asking if it’s possible to verify or if anyone had attempted by reviewing transactions on the blockchain. it’s a pretty simple question really, if you don’t know you don’t have to give shitty answers
well ive been agreeing with you then 😅 i feel like he is making comments on crypto intentionally
my family loves mclarens. it's kind of a tradition now that whenever someone has a kid, we buy them a mclaren that they can use for as long as they want, and usually that person ends up buying a mclaren for their kids after. sometimes we'll have two or three generations of mclaren sitting in the garage next to each other! this is my one - showing its age but can still hold its own on the streets:
i did not equate elon to a dictator. you said he has money and power and so you should therefore respect his opinion. it implies merit of opinion has no meaning when one has dollars, power, and influence, and it robs oneself of critical, independent thought despite the other party's status. i respect elon's opinions and would hear him out because he is brilliant and has put progress where his mouth is. however, i reserve the right to thisagree and to be critical without defaming.
he's about to learn that the tail does not wag the dog, and i'm buying the dip.
also you’re shortsighted if you think that he gives a shit about tesla’s short term stock price. he’s a billionaire, his pursuits are going a bit beyond money. you think that way because that’s what you would do if you were in his shoes but that’s also precisely the reason you are where you are and he is where he is.
buddy... he started paypal, revolutionized electric car technology, created a reusable rocket. now go look in the mirror... what have you done??? i’m not even going to mention your post history because it wouldn’t be nice but come on get a grip. you’re embarrassing yourself by making statements like this.
you’re obviously new to crypto. wait it out and you’ll be alright. don’t invest in any more shitcoins. if you have any more capital and you bought above current prices, consider dollar cost averaging down. most people would tell you you’ve made bad decisions buying at the peak but i won’t say that because it’s not useful. markets are designed to transfer money from the impatient to the patient.
“your” lol. says it all
somebody is a little butthurt not a good person? lol
not really. even if they had 51%, which they do not, such an attack might work only once. if centralized hash power truly becomes a problem to the point where a country can start double spending with impunity, that is reason enough to make a few alterations to the actual protocol itself and nodes would mostly accept those changes because the alternative is for bitcoin to crash and burn. the easiest change would be to add a rule to reject longer chains > x blocks that come out of the blue. then x becomes the minimum number of blocks after which the risk of double spend thisappears. but as it stands, this is purely theoretical and we have no need of such a rule in real life because nobody has enough hash power.
it's different in a lot of ways but it was technically a first stage that was aided by boosters and an external fuel tank.
they edited that in but sure!
reusable rockets are cool looking but terrible in about every way. you loose significant payload with reusable rockets for cost savings on the cheapest part of a launch. there's a reason we stopped developing them in like the 80s. and instead went with space planes (reusing the expensive stuff, and putting heavier payloads in orbit).
that was created before spacex and has achieved way less than them.
and i never heard of it. plus does it have self landing giant rockets?
it took nissan 10 years to hit 500k and tesla less than 3.
i am “education” 🤣
i’m not mad about anything lol you’re the one that responded all triggered. you should work on that.
> i’m asking if it’s possible to verify no. that answer shitty enough?
lol 95% of people adore money. you are basically a god with money...
ok so now he’s not a dictator
it will dip again now it’s a games he’s playing. how low can i make bitcoin dip?
his companies have always been innovative. personally i doubt other car manufacturers will catch up to tesla any time soon. by the time they do, it will be too late imo. most of these companies still treat electric cars as a sort of novelty car instead of being their main focus. only ford has released a comparable vehicle and even it is not as good as the worst tesla. plus, again it is just one vehicle out of their product line. existing car manufacturers are still heavily geared towards combustion engine vehicles. as far as space exploration, i expect and hope that there will be more companies getting into the industry. but, space x has already placed itself as the top dog. reusable rockets makes it so that space exploration is more economical. i do not know what the amazon space exploration company looks like, but i do know they have to develop their own technology first. space x has already done this, and has ongoing contracts with nasa. its not going anywhere. i get people do not like musk, that is fine. i did not like trump, but i'll admit some of his ideas did work. i like biden, but i do not like everything he wants to do. i love my wife, but i do not like everything she does. to say he is an evil sociopath because he does things some people do not like i think is an overstatement. to thisregard his success because he aquired his companies instead of building them from the ground up is not fair. these companies were small and insignificant when he came into the picture. he did build these companies to what they are today, and that is the truth.
but hey man, hear me out man was born during formal apartheid in south africa, daddy had money before then to give out his son and he is a businessman dude he dont even have a formal engineering or even a science, i am more impressed by the men behind his operations... and about my account prolly gonna delete cause of history.
>you’re obviously new to crypto. i've been into crypto (specifically btc) since 2011. i'm aware of its volatility. elon musk just happens to get on my nerves by exacerbating it.
if you doubt my claims, i would suggest reading [this article]( as a starting point.
nope. the space shuttle was not a rocket “aided” by boosters. it was a glider on top of a rocket. can those rocket boosters land safely on a launch pad? nope.
and that is why spacex can sell payload at a quarter of the price that ula does right?
you suspect rocket engines are cheap and reusing them inefficient? look, i'm no fan of elon, or giving him too much props for work his employees do, but reusable rocketry is absolutely worth it.
see the difference between you're argument and mine... i can actually give you examples. nissan leaf and chevy volt for instance... of which nissan lead sold more units than any single tesla car until early 2020. so actually a car that sold. you're unable to give me a single phone that was an iphone contender which is why you just say "all of them". as much as i hate apple (i actually do thislike apple as a company) they actually did do something unique with their product. unlike tesla.
takes longer when you start from nothing and the market does not know anything about ev. nissan and others had to both fight public perception and make the sales. tesla made the roadster then did nothing for years. when they finally made the model s the industry and public already knew about the leaf and others. public perception was already changing about evs.
oh no! an autocorrect typo! better point that out rather than respond meaningfully to the topic at hand
yah ok slither back to r.
😂😂 what’s the matter bro, daddy musk take your pocket money?
fuck it, i hope they do dump it. sure it will sting in the short term but the coins will get scooped up, they will be out of the market and we can start to move on.
never was nor was that ever my claim.
it's a strange way to burn your credibility, but he can have fun with it if he wants. testing your limits in public usually results in finding them.
what does his dads money have to do with it? that doesn’t downplay his accomplishments at all. plenty of people are born into money that don’t do anything with it. i’m not trying to put you down via your history, i just want you to understand that your criticisms are misplaced and you’re using a heavy hand to judge, when you should actually take a step back and see what this guy has done for society. as far as btc is concerned, he bought low and sold high. everyone’s mad at him but tbh as a crypto trader he got in and got out and the market will move on either way. i just find it so thistasteful when people dehumanize a figure like elon. you might thisagree with him but he’s one of the most influential and forward thinking humans of our time. it’s too bad people can’t separate their emotions from their thoughts right now
if you’re pissed at someone, be pissed at yourself for making bad choices. you say you’ve been in since 2011? you’ve lost more money by selling at any point than you did from elon’s comments. i get it, my portfolio took a hit this week too... but berating a person who’s done more to influence society and help the world than all the people in this sun combined... i gotta say it makes me really lose faith. edit: and if you’ve been around since 2011... just stay calm and dca if you have any capital lying around. the bulk of the bleeding is probably over for now.
so he had to yell a little to make the company survive and get to where it is today? lol his companies are literally to make the world a better place. he’s not about the money. he doesn’t invest- only owns stock in his own companies.
the space shuttle had its own engines. sure it could not orbit on its own but it was basically the second stage of a rocket. why not call it a rocket?
it contributed a third of the lift at launch and it absolutely was a vertically launched, winged rocket. i did not say the boosters could land.
technically it was on the side, not on top
spacex currently charges more than ula. elon blows up budgets and timelines like nobody else.
it may feel that way, but it just has not borne out. just look at what spacex promised the prices would be at compared to where they are. or, look at starship. instead of one booster sending a fueled starship to space, elon will need 4-6 "tanker ships" to refuel the starship in orbit. so now 1 launch becomes 7 launches all to keep a self landing rocket.
it’s telling how i’ve never seen or heard of it.
theoretically or have they actually launched? genuine question
you're just making up things to fit your warped perspective on reality
you know you’re in your feelings when your checking peoples profiles lmao
> does this mean you’ve validated it? there is nothing to validate. > i’m just asking if it’s possible for the community to actually verify it future telsa sec filings. > i’m asking if it’s possible to verify no.
this is satoshi’s vision playing out before our eyes. momentous.
wtf - bill announced, submitted, and passed in three days!!!
bitcoin just became legal tender in el salvador. present signed and sent to congress and got voted and passed within the last hour.
hi if you read this in 10 years either im rich or dead no in between
this sets an incredible precedence. if this goes relatively well, more sa countries will do the same, more third world countries in asia, eu, and me will do the same. that’s the vast majority of the world’s population with direct control over their funds in a deflationary currency. many, many countries will be looking closely at el salvador to see how this turns out. i can only hope it’s a success.
>article 4. all tax contributions can be paid in bitcoin. my two takeaways: 1. tax season will from now on be synced to bull markets 2. el salvador will soon be rich af
this is the most bullish thing that ever happened to bitcoin. leaving a post here for this historic day.
el salvador migrants send millions of usd from other countries to their families back home. this will help many people send money without being robbed by corporate.
can i now become a citizen and pay no tax on my gainz please thank you
we're witnessing history today gentlemen
the beginning of the central american bitcoin adoption wave. history in the making, viva el salvador! edit: region
amazing news. imagine people will now be able to sell food for satoshis in el salvador! this is big
witnessing all of this on twitter spaces in real time was amazing.
bigger than most people imagine. from now on, bitcoin has to be treated as foreign currency.
in about 20 years, this is going to be a jeopardy question. this country was the first to accept bitcoin as legal tender.
does this mean i don’t have to pay capital gains on btc earnings because i just bought it for the forex value? as i understand, you don’t have to pay capital gains if you buy euro for .15 and then the euro goes to .20. spending that euro doesn’t become a taxable event.
since this is good news for bitcoin we should expect a price crash
okay this is huge. so bitcoin is now a foreign currency, does this mean us citizens won’t have to pay taxes over their btc gains? as foreign currencies are not taxed. anyone who knows this?
lol i scrolled through each picture even though i cannot read it.
el salvador is changing the game.
el salvador to the moon
seriously guys be ready for the dips. seems like any good news about btc or any alt coins causes the price to dip or the price to go flat.
satoshi is salvadorian. 🇳🇮🧙‍♀️
first domino to fall
the significance of legal tender existing outside the sovereign control of a nation state cannot be understated. if this trend continues, we will see a monumental shift toward responsible, sustainable public financing. no more forever wars. no more bailouts for toxic, failing industries in need of liquidation. no more subsidies financing unsustainable consumer debt. no more enforcement of corrupt, expensive laws that only benefit a select few interests. no more poorly run state pensions that implode as soon as people stop having 5 kids per family. a new emergence of sovereign wealth funds to finance the commons for generations to come. a path for every man, woman, and child to escape the irresponsible decisions of their ruling class. a much leaner and efficient financial sector. overall, a massive upgrade to the system of checks and balances we rely on for civilization to work beyond the scope of our local communities. **governance by the natural law of markets** was always the "killer app", the "holy grail", and the "raison dêtre" our founding cypherpunk fathers envisioned.
to paraphrase a leonard cohen song. "first we take el salvador then we take the world".
fuckin amazing!... this dude went all in on btc and did not hold back in the slightest. he is basically michael saylor in presidential form. 👀
remembering being here in 2013, and this was all just a dream. price was 1 100th of what it is today. anyone want to predict the btc price 8 years from now? i’ll set a reminder bot!
histórico. felicidades al país, por ser tan valiente. esperemos que los americanos no les intenten joder. la comunidad debería apoyar a fondo a este país, para que tenga el mayor de los éxitos
viva el salvador! 🇸🇻
el salvador is not actually in south america...
this is the first step to freedom. for decades the worlds population has been financially enslaved. this is a moment in history !
congratulations to everyone we witnessed history. this should be sticky lol
while the world is always changing, it is rarely this obvious.
the president is currently speaking in this spaces!
hands up if you are now a millionaire in recognized legal tender.
ecstatic!!! that twitter spaces was fucking awesome
the first step. which country do you think will be next?
this is amazing! truly a feat for the new world. i hope other governments start adopting this and carry on with what is truly a new movement for a better and more free world. i love close to el salvador and will taking a trip there soon just so i can spend some of my hard earned and invested btc. this is the way...
if i had the means, security, and safety i would be packing my bags. congratulations, el salvador!
the world is changing right before our eyes, amazing
i’m going to tell my grand kids i was pooping at work during this historic moment
just commenting so i can show my grandkids in 40 years. hi. -grandpa
article vii is very interesting. it means all shops and vendors should accept bitcoin if buyers express the desire to pay with it. this has several implications: first bitcoin applications might be developed to include the non-technological savvy, second, 2-layer solutions will have to emerge and be adopted to reduce transaction fees.
proof that it is been approved? i think the paper shown here is just the proposition.
this sub is going mental over the news but consider this: nayib bukele, president (would-be-for-life) of el salvador is doing this as a thistraction. sure, it’s not inherently bad that he’s done it, but this is a man who’s trying to jail anyone who publicly says they don’t like him - and worse, has ties to organised crime. the average salvadorean isn’t going to buy fruit in btc, because they don’t have a computer. this is a huge smokescreen to make money laundering easier, and that doesn’t strike me as something that’s going to be good for btc. edit: i am getting downvoted for this but consider that most commenters here are talking about the dream of 'decentralisation'. bukele does not care about decentralisation - in fact, he wants to control everything. every aspect of government, every aspect of criticism. allowing btc to be accepted in the country hides the fact he is waging war on thissent, and it helps him to hide his money (and the money of major salvadorean crime groups). if widespread adoption of btc is something people in this sub believe in, then there needs to be some consideration of what countries like the us and blocs like the eu are going to do if they suspect that crypto is being brazenly abused by literal ms-13. republicans, for one, are not famed for taking their time and considering the facts, especially when the issue at hand presents a challenge to traditional donors *and* lines up with a massive buzzword. if anything, this seems to be centralising the economy of el salvador into somewhere that bukele thinks international sanctions would not be able to touch.
wrf? the work fast lol
alansinventions was here. buy and hodl.
forward thinking nation. congratulation el salvador on the step forward.
[the whole constitution of el salvador](
satoshi nakamoto prophecy is becoming true
bitcoin, not fido tokens or 3thereum
*government will never accept bitcoin*
my only concern which i think people are overlooking is the required 3 btc for residency. surely that’ll put the brakes on most normal people visiting el salvador on a crypto vacation hoping to avoid taxes? unless i misunderstood something, surely it’d work out cheaper to simply pay the taxes wherever you normally reside if el salvador want 3. what am i missing?
it think it was just a matter of time until economically weaker countries start to accept bitcoin. just think about the tourism aspect. it certainly will take a bit longer to start accept other cryptocurrency‘s.
i never thought the ron paul 'it's happening!!1' gif would ever be so relevant
truly pioneers! hope some day greece (my country) passes a similar law.
btc to 1million let us fucking gooooo
can someone who know how update the wikipedia page on el salvador. about the 4 or 5th paragraph down.
el salvador the 🐐
this is big , history making
el salvador 🇸🇻 is going to benefit greatly from this
awesome. bitcoin specifically, not crypto shits
wish us luck here guys!
very bullish for the long term.
remember this is bitcoin, not crypto
in before the us declares them a rogue nation and targets them for regime change.
the first of many countries to publicly show they’ve lost faith in the us dollar.
if only usa was this effective. take the infrastructure bill. trump proposed 1t. never passed it. biden proposed 2t. 1t for infrastructure but also added 1t for pet projects. republicans offer like 500b. maybe 700b. but never 2t much less 1t that they offered trump. meanwhile our infrastructure is a joke. trains are old and the roads are not well maintained and full of potholes. the american leadership has been absent for years.
while they’re at it, they should have added an article 17 to make weed legal too
i feel like bitcoin is the king for remittance. currently as it stands, it is very difficult to give money back to your family back home. so hopefully legislation like this comes into play more often! we should not be treated as criminals for giving money to family.
there is fewer than 3 million cellular devices in el salvador with few of these having internet access. less than 30% of those people have the internet. i wouldn’t hold hope it takes over for awhile
serious question. not a troll. how will people for example buy milk with bitcoin with the super high fees? what about refunds which require you to pay the fees again ? who is going to eat the losses? how many confirmations does a business wait for before they accept a transaction as valid? i know lightning network aims to solve these issues, but we obviously aren’t there yet. hoping for a genuine thiscussion.
serious question: does this have an indirect impact on us taxation of bitcoin? i.e., any chance bitcoin can now be taxed as a currency and not an asset?
this is truly a momentous day!
finally it can be true, crypto become the legal currency, bitcoin is really great!
you know i don’t speak spanish baxter!
will this change the application of tax? this is legally a currency now and not an asset
there are people spending a whole life trying to enter the history: he did it with 7 lines of text. simply amazing !
well now i know where i go for my next holiday.
el salvador has recently made bitcoin promissory notes. over the last moment, the proposal was prepared and submitted to congress, where it was agreed on and confirmed.
that presidential signature o_o
so as eu person: i literally now hold foreign currency . what are the implications?
wow this is absolutely fantastic!
wow... we're witnessing the beginning of a new era, a new system, a new mentality.
el savador finally in path of freedom from usd oppression.
i find it very symbolic the fact the country name is: “el salvador” that mind “the savior” literally what crypto mind to me. congrats!
watershed moment for humanity
remember is a free market , people can receive it with a premium
i was listening a twitter spaces thiscussion hosted by nic carter this morning (eu zone), all of the sudden the president of el salvador joined as well, answering the questions from the other speakers. 22,5k people where listening. shortly after the bill was signed. it felt really special to witness this special moment. edit: added a special moment
this is a historical moment in human civilization.
never thought they would be the first to implement this new technology, but good for them. this can make so much money on a government level.
great news! there is lots of work to do to get bitcoin working for every individual though.
wonder how long before el salvador releases a paper currency backed by btc. right now, they use the usd. i’m sure they would like to get rid of it, but i’m also sure that paper money is very popular in a poor country.
historic day for bitcoin. it’s gonna be so interesting to see how this plays out
sadly article 6 pegs btc to the usd. if i owe you 1 btc i actually owe you the usd equivalent on the day it was borrowed not actually 1 btc. this nullifies the whole law and needs to be changed asap.
question, because btc and pretty much every coin is volatile should not governments setup a stable coin conversion system if they want to operate on crypto? (since stuff like taxes pensions and multi year infrastructure works would not work well with volatility ). like you can pay taxes with btc or whatever if you wish , but when the gov receives it they automatically convert it usdt for example and use that to operate 🤔
the latin american wars of (financial) independence start now
this nft may be worth a bit btc in the future!!!
we need this for the usa!
it’s gotta be pretty cool though
loving these obscure economic and other such fiscal terms and words! yay, shit fuck too
el salvador means the savior. you can’t make this up, holy shit. are we in a simulation?
the cable inside block
hopefully the first domino
i'm just commenting to say i was here when people look back on this in 10 years time.
the best thing is not that bitcoin is the legal tender but that only bitcoin and no other shitcoin.
posting here so i can look back many years from now
that country doesn’t mess around... the us would debate this for a year with special interests weighing in.
this is history in the making...for the bitcoiners... yes. wow, this law is passed at lightning speed. good job el salvador. the world is watching.
speechless. the floodgates are opening.
god bless the people of el salvador!
bitcoin is the new gold
so can someone buy tanks from their government contractors with bitcoin? asking for a friend.
i checked now about twenty of the naysayers. none of them was active in any crypto sub. but wsb, silver, gold, finance. not surprised by that outcome at all.
i really hope this starts a cascade of third world countries adopting bitcoin in a similar fashion! i'd love to see this take off in africa!
i'm glad to be alive to see this historic moment!
listened to bukele last night on nic carters twitter space. it was quite overwhelming. what a day.
history was written on this day.
i thought the first nation would be a tiny island with less than 500k people. salvador is pretty big !
it's telling that this was passed so quickly after being announced. the political class there are kind of all in it seems. this is probably a good thing. but on the other hand, they gave basically no time for their people to respond with their thoughts. it seems like the political class still does not really care about listening to the people. that's a bad sign.
btc is the future ✊
expect hillary to invade them at any moment. the world bankers will not be happy with this…
wait does that mean they get to buy iphones, tesla’s, bmw with bitcoin? kind of jealous i always have to convert to fiat every time if i want to use crypto to pay.
wait a minute, how long until i can convert my national fiat pln into sweet sweet btc at every exchange simply by saying that i want to go to el salvador? or realize btc to fiat in the same manner?
it may help get them out of poverty . most people will still stick the dollar , at least at first . it will slowly catch on but it will take time and government efforts to educate the population on its use and technology. if the criminal gangs catch on , everyone else will.
usa would not like this
huge news and the first domino
uh-oh. here we go 👀
i cannot read that...i need a trusted translator! where's the blockchain translator... whoever comes up with it... reddit will remember i came up with the idea first...
im a bit late here but just commenting to say i was here.
el salvador will be one of the richest countries of the planet in years
this is not real. nope. i refuse to beleive it.
el tipo no se pone con “mamadas”. para los eua es un “new dictator” como el salvador es una nación pequeña y pobre (en comparación) no le va a poner mucha atención; pero no le quitará el ojo de encima. esperemos como “evoluciona” el manejo de esta cripto moneda y su evidente efecto en el futuro de esta nación.
historic moment right here
it’s happening boys and girls, the future is now.
a couple of beach towns in el salvador have been using bitcoin ln for a few years now
harry potter glasses lookin signature
proud salvadoran moment right now 😎
[a group of experts]( believe that this is great news for the crypto community and will foster the adoption of digital currencies and pave the way to financial inclusion for over 70% of salvadorans that do not have access to simple financial services and will be a benchmark for other countries that are ready to follow the same path such as paraguay and mexico. they concluded that this will encourage adoption and have a huge impact on the price of btc
btc is the future. remember this
this is crazy news, last thing i expected waking up this morning.
1 day later? is it a dictatorship?
they removed the two lines that mallers said was in there from his presentation. 1. reserves (they are not holding reserves as jack said 2. the excerpts from his presentation said the bill had something along the lines of "due to actions of central banks, we require to hold reserves of bitcoin etc" none of the two most important things happened. why was the above two things removed?
🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥⭐️ 🚀 🌙 🇸🇻 they won’t regret it
please someone answer me this ? ive been struggling to get my mind around this for a long time i am all for hodling as a shop owner if i accept bitcoin and because of the volatility bitcoin price increase i will get a good some but the other way around if it crash i will loose money so whats the solution for this ?
any multinational company that does business in el salvador now has to accept bitcoin.
and now we will see
this will lead us to thisaster. i'm salvadoran and i do not support this crap. based on this banks can begin to lend bitcoins instead of us dollars. since the debt will be on btc-no matter the current exchange- you will have to repay those btcs or its equivalents in usd. since the majority of the working population lends money to even buy a . they all will owe more than they borrowed because of the price fluctuation. for example, .147 btc (current exchange). in the next months, the price can go to the moon to . now the debtor does not owe , he owes ,200(ish), nearly 1.5 times of what he borrowed initially. this without taking interest into account btw. it's a freaking thisaster.
bitcoin adopted for corruption reasons. honestly guys ask yourself why el salvador and not germany for example
el salvador president is a dictator who fired the supreme court and installed his own people, the us dept of state also published a list of all his govt members that are corrupt. the guy pulled this bitcoin publicity stunt to distract from the fact he is a corrupt dictator. this is not good for bitcoin at all. don’t fall for it
article 1. the purpose of this law is to regulate bitcoin as legal tender, unrestricted with liberating power, unlimited in any transaction and to any title that public or private natural or legal persons want to carry out. ' we have to be clear and understand where we stand with regard to terms of art like "natural person" and "legal person" - you are not your name and is a system of escheat. especially when bitcoin is the poster child of freedom.
remember this moment...btc drops to ...
thanks for posting something in a language i do not understand, very fucking useful
really? no one sees a problem with this? i feel more comfortable when governments are anti bitcoin because that makes sense. pro bitcoin? what are you up to? obviously this is going to turn into regulation. all governments by nature control people by controlling money. bitcoin is anti-government by nature.
just a showerthought: the good thing about this is that altcoins might not stand a chance in el salvador, simply cuz the ppl don‘t need to be interested in something that „fixes“ btcs problems just because btc allready fixes a lot of the peoples problems.
loose translation: you shout like that they put you in jail. right away. no trial, no nothing. journalists, we have a special jail for journalists. you are stealing: right to jail. you are playing music too loud: right to jail, right away. driving too fast: jail. slow: jail. you are charging too high prices for sweaters, glasses: you right to jail. you undercook fish? believe it or not, jail. you overcook chicken, also jail. undercook, overcook. you make an appointment with the dentist and you do not show up, believe it or not, jail, right away. we have the best patients in the world because of jail.
but are not bitcoin transactions fees high? what if someone just wants to buy eggs
if i am going to be honest with you ,in my own humble opinion without being sentimental of course, without offending anyone who thinks differently from my own point of view,but also by looking into this matter in thistinctive perspective ,i would like to say i have nothing to say
en englis, por favor
"iniciativa de ley" does not seem to indicate that the law has passed. it translates to law initiative. not a legal expert so i am not sure what the term actually means.
it’s not passed or signed yet. we’re listening to the president live in a twitter spaces room right now
so when something nasty happens such as a natural thisarster all the medical engenners humanitarian and other mugs who prefer a reciprical tangable economy over a ephemeral pyrimid scheme can say ops i've got to study
good for el salvador hope gov run mining with green energy and they start using lightning for payments.
most people in el salvador do not even have easy access to electricity nevermind bitcoin. this changes nothing. can someone explain to me why they did this? 90% of people in el salvador would not even be able to purchase bitcoin...
this is actually insane lol
great that this has occurred... just would have been nice if it was a country with a less corrupt government and one where organized crime was not such an important contributor to gdp. lol.
el salvador, here i come!!! always wanted to learn spanish!!!! already loving what i see [
el salvador president will be remember not only in el salvador but the whole world
a day to note in history books. is this how a country unchains itself?
congrats el salvador! history has been made.
ready the troops, a sovereign nation is shifting away from usd, we don’t have this giant military for nothing, why would anyone take the fake money we print out of thin air for labour and goods if we don’t make them. lets goooooo usa usa usa
history was made today. in years to come, people will look back on this day as a monumental moment in history.
does that mean businesses have to accept bitcoin?
how does the conversion work when the present value of bitcoin is so volatile? are providers of goods and services supposed to update prices hourly to better reflect the most accurate value of bitcoin?
what happened to the “btc is a store of value not a medium of exchange” narrative?🧐 in any case, usd is still legal tender in el salvador, people should ponder what it means when two currencies are both legal tender. which will be preferred? a gentleman called gresham will help you out.
posted 6 hours ago. 10k members currently online. only 5k upvotes. something is wrong here. if you dont want to speak your concern, just upvote me so the audience may recognize the uneasiness.
i mean this is a first step and nice and all. but let us be real, with the current transaction prices, no one will be paying with bc. dinner for 50$? ok, that will be 70
dogggeeeee to the moon
i was here. screenshot this for my grandkids!
lol i was here!
question: how is bitcoin ready to be legal tender at this point with so much volatility? your milk can’t cost you 0.0001 btc today and 0.0002 btc by tomorrow. your home can’t double in price overnight. reality is not equipped to deal with that kind of volatility. second question: what can be done to stabilize crypto?
now we have a whole country pumping and dumping. i bet this guy has already bought a bunch of bitcoin. once the price goes up he is going to cash out and ban bitcoin. you cannot trust a dictator.
bitcoin down over 40% in the past month. remember this moment
and how corrupt is the politics and treasury in el salvador? how many migrants have fled el salvador to come to america? this seems like a corrupt governments way just to get richer🤔
you guys are really over-hyping absolutely nothing right now. you know that, right?
you have to stop thinking el salvador is a good place to start with some crypto, 60%+ people doesnt even have bank accounts, -50% ppl have internet access and people prefers having to wait 2-3 hours in a bank than using the bank´s mobile app. it sound great, i know, but i dont think this was the best place to start with it. besides that, there were no study, no evaluation or conversation, now everyone its just forced to use btc as a currency and literally noone knows how to use it.
this will be interesting to watch
i was here! also i was little worried about the leader's autocratic tendencies.
yea until the bubble pops and proof of work is trashed
how long until we invade their country because of “weapons of mass destruction”?
nothing like adoption by narco countries to make bitcoin legit.
you guys are adorable. el salvador’s entire economy is worth about a tenth of the annual revenue of the cvs corporation. you know, that crappy pharmacy with receipts that are a mile long. a third of el salvador lives under the poverty line. in 2015 they had 6,600 murders but only 6.5 million people. an estimated 60,000 kids are in street gangs. sex trafficking is extremely common and is theoretically punished by only 4-8 years in prison. i say theoretically because in 2011 they investigated just 76 cases of sex trafficking and got convictions for 15. in 2010 they convicted just 3. women and young girls are kidnapped and coerced into prostitution and sexual slavery but due to the serious corruption problems in the judiciary they usually get away with it. there was a 2011 case where the charges of nine suspected traffickers were thismissed because the judge said that the underage victims should have been prosecuted for having false identity documents. someone in this thread has described el salvador’s legitimization of bitcoin as the “holy grail.” i personally am thisgusted that anyone would celebrate crypto being adopted by a country just to make it easier for sex traffickers to buy and sell little girls.
el salvador made that decicion because of future international regulations and sanctions will impact it to use the dólar,therefore, it needs another world wide currency to do their thing... money laundry, extortion, and everything a communism country needs to do, to get ahead of everyone else. just be careful, we do not want another elon musk crash.
you fucking dumb fuckers. fuck bukele and fuck you.
have any of these countries ever set any meaningful precedents, apart from the excessive murder rates, corruption and poverty?
we need to put this as a block text! any cheap way too do that?
how come it says bitcoin, capitulo?
wow! let's see what comes after this.
yes tattooing this on my ass.
that's where lightening will get pushed so fast now.
i believe the law is just send to congress. it is not passed yet. congress needs to pass it. nevertheless it is a milestone for btc!
how long have they been planning this
a great step for adoption. good news. also, no capital gains tax on bitcoin transactions.
historic. let’s open the next chapter frens
history has been made. can this please get more upvotes than a tweet from a billionaire? give me hope.
it is a little step for bitcoin but a huge one for mankind
update: el salvador passes groundbreaking bitcoin bill with supermajority
this is awesome news could this make bitcoin skyrocket and reach new ath
there will be ath very very soon !! 100,000 is short term !
incredible moment. i still do not know how business owners would price things when its still so volatile on a day to day basis. presumably pricing still pegged to the dollar and auto converts 🤷🏼‍♂️?
i was also here
this is very good! i'm hopeful that this would bode well for el salvador and that other nations follow suit.
who will be the next? :-)
i do not have the capital to invest in bitcoin. rip. rip those trying to short bitcoin.
bitcoin about to become more faster, scalable and cheaper with a little help from zenon network. let that sink in. :)
el salvador my vacation destination in a few years to see that amazing experiment
anyone know what it says in english? perhaps 🚀 ?
wow! congrats el salvador! i’m ready for news about chains like mcdonalds finally accepting payments via btc lightning network.
added abbreviation will be esb? 🙂 please not svb.
this is some powerful machinery.
and look at the price shoot up!
un día histórico para bitcoin y el mundo
just commenting to have a tiny part in history...
wouldn’t this cause a devaluation ?
i’ll remember it when bitcoin starts moving in the right direction
congratulations! this is huge!
the future is now.
i was here 2021.
wow. energetically right on time and alligned too! fantastic!
and this friends, was the moon everybody was waiting for in 2010-2011
who would’ve thought that el salvador of all countries would be the first to do this?! amazing! congrats! 🇸🇻🇸🇻🇸🇻
in it to win it!
how can one still be bearish after hearing this news
this is bigger than price. i was here.
how viable is lighting network now? i tried it in 2017 , did not really like it. i briefly search around and there is article claiming lighting network is vulnerable to flood and loot. has that been resolved?
seems like i’ll retire down there then.
monsoon for life. like a law office
a new step for crypto and all of us
yes sir!!! lets go el salvador!!
has anyone mined this on-chain yet? i think it would be worth the inclusion. historical milestone.
glad to witness and be a part of this historic moment.
include me in the caption :)
its a win , history is made today 🙌💎 hodl strong 100k soon
nice! now i can pay my pupusas with bitcoin.!
awesome! need china to allow
😵 it is real
a monumental milestone for bitcoin!
it’s a start but i’m not gona be excited until a relevant country does it
the future in the making
the imf and usa are not going to like this. and that is absolutely glorious.
i was here. let’s go el salvador.
congrats to my dudes
this is monumental, gradually- then suddenly. the dominoes are starting to fall, soon most of latin america will be using it for same purpose and i hope they prosper to the point where they can stick the fingers up to the banks that cut the people out the equation in the first place. huge win! also fuck peter schiff.
love it! i hope a bunch of countries in south and middle americas make a success of this and improve their lot.
still a lot of work to do. they ought to get off the usd standard eventually and find something else to peg too. it’s a crutch for now
carole wasn’t passed to myung hee !<😢
bravo! bravo! why a time to be alive guys
wall street just fucked up.
i amm here lets partay partay partay partay
como homero en el mero fondo
no tl;dr: no upvote
they should sell this as an nft
this could also impact their sovereign debt. buying el salvadoran bonds may also be an indirect investment in btc, unlocking the kind of money pressure that coinbase and tesla have been seeing. in one pen stroke, el salvador is back on the map for investors.
checking real estate prices...
wonder how will it work from now on would actually other countries follow
ladies and gentlemen. this is the beginning of the end. what a time to be alive!
its crazy how they can pass a law like this, but abortion is illegal
i cannot believe crypto is leaking in the real world, at a government level. insane.
wonderful development. too bad 15-20%’ish of salvadorans live in the us…
if it is legal tender, could definitely affect the taxation regime.
replying to prove i was here when this happened.
thats huge, dollar bend over.
what surprising news. thanks for the interesting reading.
what a time to be alive folks! will el salvador be the first domino??? i really hope for them and everyone it is a huge success.
didn’t japan already do this 4 years ago?
i hope this turns out to benefit all salvadoreños. or it could turn out like that old chappelle show when reparations was paid out.
first step to an earth hegemony is a unified currency. always thought bitcoin could do that with enough time and this is the first step. how can you not be bullish with this news...the current price action is noise in the long run.
this is one for the ages.
now to the real part, adoption! salvadoreños rise up and make sure your business can accept btc, lets push this everywhere
its incredible how far we have come in such a short period of time. i couldnt feel any happier all of us hodlers are validated today.
wow! i'm impressed!!!! this is the first time i've ever read any law so simplify and so robust in meaning. thanks for the translation!!!
do you think that us will really step in with unconventional warfare?
the thing billionaires use to launder money and manipulate markets is not a safe investment for non billionaires...
i just want to comment so i can see this years later and remember this epic day.
damn, this is huge.
if bitcoin is truly decentralized , why does it matter if a government approves it as legal tender? like all of the bitcoin accounts and reddit are celebrating this? if some people here do not trust governments why is this good?
posting to be a part of history.
glad to be alive to witness this!
it looks very formal.
when the head of the state owns bitcoin
i dont think that will be beneficial in any form to the country and its people despite me holding cryptos, thoughts?
this is big. holy shit.
cannot wait for this to be used to track down trade unionists and labor organizers and anti-government thissenters thanks to bitcoin's transparent ledger !!!
it's weird yeah my third world country now is the first country to adopt bitcoin
el salvador adopting bitcoin reminds me of the movie "independance day" when the jet pilot destroys the alien ship by flying straight up into its opening saying "up yours!" this is a major step toward financial independence!
the first of many.
does el salvador also have a real stock market with public companies? if so, how can i buy stock there? i was only able to see some type of bonds being offered.
all i see is all drug and gun transactions must now be logged by the government.
i hope they ready for the assassinations, insurrections, and the bombs to start dropping.
mega fomo active again
immense, both my parents are from es and i would visit every other summer as a kid. this is just great big news for them. the world will watch
tldr: bitcoin go brrrr
btc is up 16.5% today , thank you el salvador 😁👊🏻
ohhhh okay i get it. stupid question, i was trying to understand how practicle it would be for them to hold but i see now that it’s not the purpose.
no one here is mentioning how the gdp of el savador is going to be insanely high in a few years.
i was a part of this!! :)
really interested in how this will play out in the long run.
so… if i wanted to buy a tesla and i was in el salvador they would have to accept bitcoin as payment.
sorry i’m a smooth brained ape. so if i own bitcoin, i will be given a green card and can move to el salvador?
let's hope they see this as an opportunity and not a problem 🚀🚀
ahhh yes the economic superpower that is el salvador will usher in the bitcoin revolution...
welcome all el salvadorian brothers!!! this is a joyful moment in bitcoin history.
legendary. we are witnessing bitcoin becoming even more mainstream, cannot wait for the future.
btc price will be back to 60k soon!
not official though is it? ... is not it just the iniciative for the law? many processes more to come so it is official
a truly blessed day for mankind.
history being made guys
put me in the screencap lmao
how tf did they pass it so fast ? in my country it takes years just to pass a bill that does good for the people.
now all we need to do is give salvadorans a bank account and credit cards that aren’t in san salvador
lurker for years. i want to say i am here as well.
who wants to take a vacation to el salvador?
i’ve never bought anything using any crypto so how does this work? can you get what is essentially a credit card, or do you just scan your phone like when using apple pay?
serious question, would having salvadoran citizenship at all give you any leverage in the bitcoin market now?
yeah, more money to politicians at el salvador.
he needs it to transfer funds stolen at home abroad...
oh how far we've come.
do all citizens of el salvador have access to a device to access bitcoin easily?
nota sobre uso: * "el bitcoin" - la divisa en sí * "una bitcoin" - unidad de la moneda
gringos.jpg hay gringos, nunca cambien...
it will be a lot of fun when they sell bitcoins in exchange for dollars to repay the loans to the imf !!!
rough name to remember but killer signature!
who else thinks panama is next? over the past decade it’s been one of the fastest growing economies worldwide with annual average growth more than double the regional average. el salvador was a big step forward, but unlike el salvador, panama already attracts a lot of tourists. they don’t want to get left behind. i could be wrong but this is my educated guess.
ms-13 going to start accepting bitcoin as payment too now
step it up, south korea... accept the challenge and japan will follow. then switzerland. and then the world 🌍……
isn't it suspicious that weeks ago. the us released a statement about looking after other means of currency because of deflation. and then el salvadore happened. i think this is some kind of experiment. if el salvadore become successful because of this. us might accept btc as currency as well.
boy am i glad there was a sale the past few days, i finally got over .1 and am feeling good for the future
kek, i was here
in retrospect, it was inevitable.
incredible and momentous. i was here when the first country adopted the bitcoin standard.
si se puede! si se puede! si se puede!
yeah, a country that regularly murders it citizens, such progress!
given the historic and economic importance of this moment and the promise of what this holds for the future, why is the price decreasing?
nice! i just sold 🤔 i shoulda held? 🤷‍♂️
so technically this uses the lightning network superstructure, correct?
this is truly exciting news and will hopefully be a major turning point in the hirstory of monetary value and btc. leaving this comment to be part of this legendary thread :) hodl tight my friends!
bears are rolling in their grave rn
will this be a way another for the rich to dodge taxes? when they want to cash millions worth or bit coin out but don’t want to pay taxes?
leaving my mark on this day
im new to crypto and feels great to be apart of life changing events!
how does someone take advantage of this tax wise without living in el salvador?
can we get a translator in this bitch
someone’s government was early in the space 😏
if there was ever a country with a history of making great choices...
make an nft of this. it’ll sell for a crazy amount in a decade
what could be the negative outcome from this move ?
just leaving a post here for historical purpose😁
bank accounts in bitcoins????
so how exactly does this influence reporting holdings and transactions?
amazing. a thing of beauty.
dos cervezas por favor
a country that knows cryptocurrency is the future.
guys this is something huge, that we can tell our grandkids. i was here 09.06.2021 and invested in the best money ever created.
creating laws and enforcing laws are 2 different things.
prioridades del gobierno : el bitcoin es más importante que la ley de agua.
if i am a salvadorian citizen living in the us do i still have to pay capital gain tax?
so now we can start colonizing el salvador!!!!!!!!!!!!!!!! why has not anyone set up a go fund me to start our partial colonization of el salvador????? i dont wanna change there culture, i want to live in a country with bitcoin as a national currency!!!!!!!!!!!!!! that has been the way since 2007!!!!!!
good for crypto 🚀
officially the crypto coast! [bitcoin beach](
i just want to be part of this historic day somehow so here my comment. congrats to el salvador for being the first country to legally implement the future of currency!
and they did it on 6
when you find out el salvador too poor to make btc prices rise
aaaaaaaaaaaand price goes down. oh well, i am buying the dip!
gotta protect that money. we can just ignore that homicide rate though….
they shall call it el bitcoin
they’re about to learn a lesson about deflation
you want disrupt?! ive got it!
how's that going to work? legal tender means if you offer to fully pay off a debt to someone in legal tender, they can’t sue you for failing to repay. what if someone offers you bitcoin but you do not have an account?
cant believe this is happening. i am happy to see this, but also kind of hope this country wont fail because of its leaders autocratic tendencies.
when el salvador switched from using cólones to usd they said the same thing – that the two currencies would be accepted everywhere. nowadays they’re legally required to accept cólones but for all intents and purposes the dollar is the only accepted currency interesting
i wonder if the country will start buying coins
i just wanne be part of the history, so in 10-20 years i will reread my commentary. i hope you worked on yourself and live a happy life. i always believed in you. nado
wow, this is great! bitcoin is the perfect match for this corrupt government and country! also, super great match for corrupt miami! super great matches!
what a historic moment, leaving my i was here comment for the future generation to read in the future
lets hope that this spreads to the rest of decentral america :)
i really hope satoshi is alive to see this.
el salvador 2020 crime & safety report [ make sense now.
i’m here, i saw it all 😎
people are saying what about the volatility but i mean if it is fully adopted as an official currency... you have nothing to compare it to so there is no volatility. we just compare it to the u.s dollar but if an ice cream costs 0.00010992 bitcoin now it costs 0.00010992 bitcoin a month from now as well so... your money is not growing or diminishing because there is nothing to compare it to.
yeah i zoomed in to see the words i can’t read a little closer
june 8, 2021. bitcoin went from a brilliant idea combining decades of various technologies and cryptographic concepts, to attaining a price, to thisrupting the global financial and system, to being officially recognized as legal tender in the fullest extent by an entire sovereign state in just over 10 years. the hardest fights are still ahead of us but what an awesome day after a couple months of shit storm.
february , 2020: armed soldiers and police storm el salvador’s parliament to back president. these are the characters that the maximalists like so much!
oh shit it is happened
from the bottom of my heart i truly hope this works out for them and are successful.
👏👏👏👏👏 i take my hat off to you. what a powerful day for your people. freedom and democracy wins i wish my country could do the same such a great move to increase the living standards and wealth of the people. bravo 🎊👏👏👏🙌
great news for cypto world!!!. bravo el salvador
🚨🚨🚨🚨🚨🚨🚨🚨🚨 i don’t really like that the purpose of this law is to regulate bitcoin. nor do i like that every economic agent (economic agents include regular shop owners not just govt) is forced to accept bitcoin. nor do i like that bitcoin is now the de facto coin by govt mandate, instead of letting the free market decide.
now 6m of banana farmers from el salvador, which have no internet can join the family of hodlers, mooners, and lambo dreamers. i believe musk will save them with his starlink, providing internet in those jungles.
this is great news! people who are not familiar with bitcoin or are sceptical about bitcoin will finally see its added value. to see how practical it would be in day-to-day transactions, to see that the bigmac is now quadrupled in costs, simply because of the transaction fees. not only that but you will have to wait a couple of hours before the transaction is confirmed and they can get started on your burger. people are praising these 3rd world countries for being crypto entrepeneurs. please, and i mean seriously, please go there. please go there to your new haven. please go there with the rest of you "i'm in it for the long haul, but really i just want to get rich doing nothing". this is the way out of poverty: doing nothing and hoping shit will resolve itself whilst you pump money into your lottery ticket. adios amigos!
lol and it’s plummeting
fuck you just let crypto die
this is retarded. your forcing a small mom and pop shop who make barely enough to survive to take bitcoin. 5% down and now suddenly they are at a loss for the month.
one of the poorest countries in the world accepted btc, such a huge win 🙄
lol good thing a third world country that doesn’t even have clean water accepts bitcoin. lol maybe they will work 6 years to save for one bit of coin. fucking nonsense
great now they with crash this currency just like there economy’s has been for years 👎🏻👎🏻👎🏻
y’all are really celebrating a dictator legalizing his own money laundering because you benefit from it huh?
\>comemorating state regulation on a coin invented to avoid state regulation you deserve everything bad that will happen to you
doesn't this make btc sort of centralised?
right idea, wrong coin
one banana, two banana, 3 banana four!
so a banana republic dictatorship allows bitcoin while actual relevant countries are talking about taxing and abolishing. i do not see the reason for this party
lmao el salvador. i’ll wait for a real country
yay now drug lords and human trafficers can move money easily. thank you!
um why the fuck? it's an insecure means of exchange, that keeps trying to invent a central bank run by insanely wealthy people with no accountability, its value is not backed by any degree of production or use value, and it is generated with more electricity than the netherlands use so it is fucking horrendous environmentally.
, and so on, in a rough sense, and the short verd9:, with allt has passed the law. it’s official. remember its inherant faults, its antiquated origans plus the ease with which it can be, perverted, stolen, influenced and employed against the masses by criminal of all types, maybe masquerading as revolutionaries, or agents of change, again using the fiat, with its historical adjunct to the offices of state, linked securely to that and similar quasi govt agencies and offices, military services, espionage agencies,forever a risk to true democracy and freedom, shrouded in secrecy, its workings, methods, and allegiances forever changing,finding its skills in deciept useful in concealing its actual loyalty sufficiently enough so as not raise any suspicions :/
you people are so cringe.
population of 6 million with extremely slow internet, not as big of news as it seems
el salvador is a narco state. bitcoin is used for anonymous drug. this will benefit corrupt politicians, drug cartels, and militant groups. not the citizens of el salvador.
you think doña tencha owns bitcoin? who the fuck does this law even benefit?
el fucking salvador and you ding dongs acting like you just nailed the moon landing or some shit. remember this insignificant legislation that was passed in this irrelevant country. future is now muthafucka.
this is all sketchy as fuck! the whole thing is! i mean we know how bitcoin came about but we’re still in the dark about where it came from. el salvador is the dictatorship as the whole central america is but it’s us owned dictatorship, again as the whole central america is. compare this to venezuela and you’re an idiot if you pretend that your brain doesn’t hurt. to me now even the whole elon musk shenanigans is starting to make sense. someone is promoting the shit out of this thing!!! china can’t do this alone. not even with help from imf! doubtfully even if eu goes along with it. that leaves us with…well… you now ’s infrastructure. so, how ‘bout universal and global currency gets invented and backed by all the people in the world and it’s infrastructure? and we still don’t know where it came from!!!! damn!
let’s see if fbi can hack them
it’s like liberland right ? pretty much useless
or just tell them it is fine, that one kid who’s the same one... (...it’s way happier out in andrew looking after the cemetery with his brother in law and his buddy are likely responsible for this crime. 100% worse. i did, thank you sir hahah
i'm as excited as anybody about this, but the text in the picture is clear: it is a proposal, not a law. even if the president has a large majority and backing from everybody, it has not been debated, modified and passed. yet.
not sure why this is important. bitcoin is volatile. are you going to buy bread in hell salvador? 100 per 100,000 murder rate? yeah, i'm interested to see how the world reacts when the us launched their own crypto-currency next month and the yuan will be interesting as well.
do any of you guys actually, "go outdoors" occasionally,,,?!!
wonder if this is just the beginning? wonder if they’ll start looking into alts next
>watching libertarians with 'virtues' celebrating the 'passing' of an act by a military dictatorship by a mad man
yet having a miscarriage there is illegal
huge takeaway from this sub is that no one knows anything about the president. i see so many people asking how this happened so fast. the answer is that he’s a dictator that controls media, hand picks judges, and launders money. for the love of god please do some research before praising a corrupt person. i saw this sub fall in love with that shark tank guy for buying bitcoin even though he bashed the shit out of it last year.
god the damage that will be done because of this. this is a fucking nightmare.
el salvador just became a sex tourist hotspot accepting fake money. how many low lives and sleazy fuckers are going invade central america
the cartel is going to love this
all you clowns think this is a positive thing lmao
cannot wait until this market crashes so i can buy a gpu💯
poor el salvador. another consequences of colonialism now they have to deal with that pseudo baseball card called 'bitcoin'. good luck with that, you'll need it.
bitcoin is not a good currency. great store of value, but they should open the law up to include other cryptos as well.
you bitcoders don’t have very much common sense do you? the last thing you want is a government to come and start using bitcode, wasn’t that the whole point, remove yourself from the government? also who would accept or use bitcode as a payment? it’s a speculative asset, just like gme or amc. also the nsa developed bitcode, look up the 1996 white paper they did on it. there’s a reason you have to call it digital gold or bitcoin, it makes all you sheeple think it’s legit. let’s use bitcode for a currency, so now everyone will think digital currency is a good thing. good lord you people are dumb
we really need to fix transaction costs. now. if we want this to succeed
they so poor out there. what makes you think bitcoin will be a currency ppl get. there no dinero bad hombres from ms13
el salvador has the gdp of 1 bitcoin. of course they’d jump this train lmao
> article 7. every economic agent must accept bitcoin as a form of payment when it is offered to him by whoever acquires a good or a service. the holy grail.
does economic agent means any business? that's super bullish
holy shit i wish i could see such a thoughtful law passed in the us
wow... this is insane congrats
wonderful! this is a heavy blow for dictatorships like china, iran and turkey who desperately fight the financial freedom that cryptocurrencies offer.
thanks for the translation. and remember for all those who laughed when we said, "no reserve currency lasts forever," well, this is an example of how that is happening. i [posted this three years ago]( and the prediction seems to have been solid as the usd is being de-emphasized and has, at most, a few years left in solid use as reserve currency; meanwhile, el salvador is de-emphasizing dollar use after 20 years post-"dollarization." edit ;dr: go long on bitcoin, hodl on.
that article 7 is looking hot. let’s go!
zap zap zap zap
>article 7. every economic agent must accept bitcoin as a form of payment when it is offered to him by whoever acquires a good or a service. holy cow i was there the day it happened, hi future me! :)
so who is paying the transaction fees here?
bitcoin to usd instant? they are going to have a lot of bitcoins
a bit more information about how this works in practise: they have initially a 150 million usd pot, which they use to buy btc from their citicizens, which want to convert their btc into usd. the then state held btc may be exchanged back into usd or the pot gets replenished. an integral part of all this is the lightning network, which allows instand and almost free bitcoin transactions.
i don’t get article 12
very nice can you translate it into retard so i can understand better
don't forget to mint one nft of this historical moment 📷
as exciting as this is (and it is exciting) i am concerned that this would not affect the "seventy percent of the population" who do not have access to financial services. i mean in the us you can be broke, or thousands on debt yet have a phone and coinbase to "stack sats". will this actually help the 70%? or will it just benefit the 30% with wealth? any salvadorans have insight?
big big victory for all bitcoiners.
i feel like the us will have to thistinguish el salvadorian dollars (even if they are pegged to the us dollar) from usa dollars so if any of that money entered the usa it will have to be taxed. man i wish they would get rid of the tax thing already, it would speed up the path to a stabilized bitcoin price and make it become a truly global currency (obviously the usa does not want that though.)
> every economic agent must accept bitcoin as a form of payment when it is offered to him by whoever acquires a good or a service. this sounds worrying. in the us, the similar law is the one must accept legal tender (dollars) as repayment for debt, but does not require a store to, for example, accept . in fact, a business in the us could choose to only accept bitcoin as payment if they wanted, tho they would be forced to accept dollars if they loaned bitcoins (or anything) out. it seems anti bitcoin to force people to accept bitcoin by act of law. and bitcoin is not ready for this. the technology and supporting services are still serving at least semi technical people. those who do not even know how to use a mouse (as someone from el salvador was talking about is common there) should not be forced to accept bitcoin, because it puts them at risk for theft and loss.
he's probably reading this too atm. if he is not dead
thanks for putting that comment over here man...i'm in tears rn. love satoshi <3
thanks to the super majority he enjoys
this is something that concerns me. laws should be a bureaucratic hell to pass, with plenty of dickering back and forth because otherwise rash measures can be passed too easily, especially those that keep the current government in power. hell even cicero was aware of this 2000 years ago.
that's how dictatorships work
oh shit that was fuck fast.
it happened i’m buying bitcoin asap gotta check the news
i am also immortalizing myself in this moment!
i was here an hr later
also documenting that i was here 🤝
me to!! randy is ready to group hug and high five
i was here after i woke up.
same. i hope you hodled, me from the future.
i was also indeed here :)
i am here too
me too! i came, i saw... something something
so was i, but do not tell anybody!
el barto was here 🙊🙈
me too! :) long shall live bitcoin
el salvador is in central america
another good reason to invest in btc. if half the world accepts it in the near future, it probably wont be at 30k...
governments with weak currency can use bitcoin to hedge against their own inflationary policies. it's even possible for currency to be denominated against bitcoin like how gold used to back the u.s. dollar. i'm not saying this will necessarily happen or that it is even probable. it's just a wild future possibility that became slightly more likely today.
talking about third world countries, includes the ones in europe ( which ones exactly ?) and forgets to name the continent where the most potential lies... but yes, you're right :) el salvador might spark a small avalanche of third world countries which are doing to so the same, if el salvador is successful.
i really hope africa picks up on this, but considering nigeria just banned it...they seem to be heavily influenced by china honestly.
i was here and invested
or they could sync to bear markets and hodl.
i’ve been saying this on threads for days... and no one replies. it’s more than millions. [2020 remittances ]( to el salvador = .92 billion and comprises 23% of the gdp. so- if undocumented or migrant workers in america start asking for payments in btc to send easily to el sal. shit starts to get really fucking interesting.
soon the families in el salvador will be sending money to migrants in america :)
now they can be robbed by an unexpected plunge in value. 1 btc is worth ,000 less today than 30 days ago.
what stopped them from sending bitcoin before this?
let me preface this by saying i know nothing about crypto. so i'm really just curious about it. recently i've started making some purchases with cryptos, i'll buy some then send it to receive my purchases. first i used bitcoin, but the company also accepts other cryptos. i've noticed the other cryptos are much faster and less fees, so now i just use them. so i'm just wondering why anyone would ever use bitcoin when there are cheaper and faster options, that claim to be just as safe and secure.
hi u, thanks for tipping u**10000** satoshis! *** *[^(more info)]( ^ [^(balance)]( ^ [^(deposit)]( 10000) ^ [^(withdraw)]( put_invoice_here) ^ ^(something wrong? have a question?) [^(send me a message)](
as long as you are not a us citizen
seriously. a whole ass country accepting bitcoin as legal tender. wow!
## viva el salvador!
salvador is not south america.
you got it backwards. people will be able to buy food with satoshis. legal tender means a business is required to accept the currency, and usd is still legal tender there. so a business has to accept either btc or usd, they cannot choose. the vast majority of people will still be paid in usd and spend usd for a while.
no it is not big at all, a large population of people in el salvador do not have access to electricity. damn most people there do not even have access to the internet...
where is el salvador?
technically, that *is* a taxable event... just usually the "under " exception applies to random citizens doing that,
this will be addressed i believe.
yeah, what's up with that? 2017 everybody was cumming their pants because of just paypal rumors and now the price dips after a fucking country makes it legal tender?
i think the price falls because of fud. in this case it was donald trump and some china fud.
good news doesn’t mean price increase.
i think the cycles will continue with lower multipliers. 8 years, 2 more cycles, 500-750k
the price is nearly half what it was 30 days ago. hooray volatility.
i am listening, bill has not been passed just yet.
they're already using lighting payments for all btc tx, with instant conversion to usd if they choose so. it's an initiative by strike. tx fees are like .05 and will probably go lower than that after taproot.
imagine having a 50% (maybe more) premined shitcoin with mutable monetary policy as a world reserve currency. muh flippening.
colonel conley, take us to defcon 5.
while agree with you in some part, its not about leadership. its about working together and being able to do decisions together. dividing and authoritarian politics by gop qanons is the problem. not lack of leadership. any kind of leadership is not going to help when one third of the country does not want democracy any more.
please save my bridge it is falling into the river
really? our congress spent a day thiscussing the law. heck even the voting system “failed” tonight. and the bill was approved in a madrugón. this is a shit show, and it is on you.
you're not wrong, but a better comparison would be any other country that is not a dictatorship
imagine if trump was able to get everything he wanted to get done with no checks and balances. you do not want your government to move this fast, especially for something that is not urgent.
this is not us politics, no need to add military spending or gun laws into a hurricane relief bill.
lighting network fees are cheap
it should but the usa will likely just change the rules. it’s a sad state of affairs when a narco state becomes less corrupt than the usa
basically he fired all judges and has absolute power at the moment either way good for crypto
1. reserves are happening, read article 14. 2. i cannot read spanish but this might be mentioned in the reasoning for the creation.
the el salvador govt are setting up a trust fund of , essentially buying it from them. also 1 btc is truly now 1 btc. they don’t have much need to convert.
provide a list of all your interests and skills and we'll do what it takes to make sure every post is useful to you.
apparently the govt is currently a dictatorship and there is massive corruption. gave gold to the comment. i get a bad gut feeling about this as well
the only way for bitcoin to become legitimate to the eyes of governments is through both adoption and regulation. big governments are anti bitcoin because they benefit from the strength of the dollar. small governments are more likely to see bitcoin as a way to simply bypass their dependency on the dollar all while potentially preserving wealth more effectively.
transactions are on the lightning network not directly on the bitcoin blockchain.
62 yea. 18 nay. the law passed. 🇸🇻 🟩
it is free publicity for el salvador. everyone in the world knows about this country and would be the next tourism hotspot.
what the fuck are you talking about you fucking liar? most people dont have a access to electricity? in 2007 83.4% (72% (rural), 97% (urban)) people had access to electricity. now it is over 90% total. i am fed up with fucking 1st world retards like you who think people who live at other places then yours and your holiday location live like apes. fuck you idiot.
do you know how fire spreads? it can start small
probably government has a fat bag of btc
yay another country that got rekt by us interventionism policies and are now being financially destroyed by the banking cartel finally getting a chance at a decent future, powered by bitcoin. what a tragedy right?
we always knew it would be the less developed and less well off countries adopting btc first, and the world powers adopting last no one wanted to be the first one. i suspect a dozen or so countries more will adopt btc by the end of the year
porsche taycan would be my choice...
yes. if you want to pay in bitcoin for a good.
they’ll be using the lightening network, fee’s are effectively zero
we got an infiltrator, everyone please, laser beams at him !! x d
bitcoin is for everyone. everyone.
people thinking "it pass thru congress" as something good or that people really like, bukele´s party owns +60% of it, we are talking that this whole idea, studied and approved in less than 5 hours? no, it did not, congressman dont even know how to pronouce bitcoin properly, they literally just approve anything bukele send as a mandate, not thiscussion, no evaluation, no nothing, in less than a month congress has approved millions in loans were there is no plan or data on how it will be spent.
that post was a mic drop right there.
the law passed with 62 voting in favor of it and 19 against it.
for about two years, i read, aided by a payment company.
do europeans worry about the us value of their euro before spending?
thanks, that reminds me i had not checked yet today.
no. its only classed as property.
network effects - more adoption = further decentralization. countries adopting means millions of additional people on the network. the government isn’t the broker or intermediary for btc here - they’re simply helping to provide access to the network through legalizing btc as currency
70% not having a bank account. start ups, students and farmers having no access to loans or financial systems. now foreign people can invest in their country using btc and funding projects in matter of minutes is not a big deal to you? 😅😅
maras will welcome you lol.
switch the comments to “best” and you will see the english translation
us suddenly "finding" weapons of mass destruction there and you know the rest :)
simple answer: still a decenrealized network, issued by code not an individual or a nation! 🚨🚨🚨🚨😉
el salvador never had banana plantations to start with. and this "farmer" is a senior software developer working in germany, also i got a bachelor in mesoamerican archeology and more stuff to add. i am not the average salvadorean but i learnt in my land how to keep going in life.
what for rich countries is lambo dreaming is, in poorer countries, dreaming of a functioning, sound money.
how big are your shitcoin bags m8?
plummeting you must be new here
poor lil one. couldn't get a decent gpu for your master race machine and now you hate all miners. probably you do not even know that btc cannot be mined with a gpu. sad story.
> your forcing [person] to take bitcoin. only for pre-existing debts, if they want to legally pursue those debts. nobody is forced to accept any particular currency for future trade.
you deserve this ratio.
cringe. you don’t get it
what even is 'real' currency.
obviously haven’t done enough research. store of value ➡️ medium of exchange ➡️ unit of measurement in satoshi’s. you’re trying to go to step 3 when we’re still at step 1.
first off, you don’t know what the definition of dictatorship is. secondly, here we go… you’re very naive if you don’t think el salvador’s bold move won’t set off a domino effect with other countries. please google “game theory” hope you get downvoted.
bitcoin was never meant to bypass law. it was meant to be objective sound money for everyone. states accepting objective rules to money needs to be embraced.
you need to go and read more about how bitcoin works.
if you only care about the wallet then sell now and come back once you're ready.
spread that fud troll!
they will use [
he looked cool and all when he started his time as president. also, he is young and knows a lot about technology and social network. but he is been doing some sketchy things and has been accumulating power, which never ends up well for the people. he may be a progressive dictator wannabe now, but history shows that all dictators end up bad. i do support some things he is done though, he handled "well" covid crisis (in the sense he acknowledged the problem and did something about it, not like the actual dictator we have in nicaragua) and has done some needed harsh things against gang violence. but as i said, accumulating power is never good.
they see shitcoins as just that! shit
how large are your shitcoin bags sir?
article 4 is also huge: all tax contributions can be paid in bitcoin.
article 5, bitcoin is not subject to capital gains, like any legal tender.
a big point that people are missing with this one. banks will have to accept and become custodians of bitcoin. not that is needed, but for old people who have no idea how, this is huge.
let's not forget jack maller's efforts in promoting this, always liked what he was doing but new level of respect for this young man.
this is what stood out to me as well, that is absolutely fantastic
oh, good, there is a12 too. this would be horrific otherwise.
imma go buy some
that is pretty amazing! this might actually make their economy more stable, bitcoin helps the world!
just curious- how is being forced to accept it good?
i wonder how some poor guy selling fresh cocunut milk will learn how to use bitcoin. not against the bill or anything, but may hurt the poor in their own country
so tesla is accepting bitcoins in el salvador?
so if i want to buy a pack of gum i can pay in bitcoin? won't the fees be a large amount of money in local money? good news, though. it would be really cool if remittances to central and south america were in crypto.
the fees to transact in bitcoin are wicked expensive. how is this going to affect daily transactions?
this sub: legal tender laws are evil. until it is good for bitcoin that is.
am i the only person that thinks this will stabilize bitcoin and slow its price growth? duality of currency and asset is hard to implement.
i think must should be changed to may. just as accepting usd should be may not must. for private "economic agents". public institutions is ok to have must. edit: apparently, a vendor can claim insufficient access to technology as an excuse to not be forced to accept ln
it does specify after that if the person does not have access to the technologies they are not obligated to accept it. but that the state will try to bring access to everyone. it would be hard to use bitcoin with a phone that only occasionally has a data plan (like most rural latin americans have).
read article 7 with article 12 article 12. they are excluded from the obligation expressed in article 7 of this law, who by notorious fact and obviously do not have access to the technologies that allow to execute transactions in bitcoin. the state will promote the necessary training and mechanisms so that the population can access bitcoin transactions.
yeah i do not think they will be forcing the us to accept bitcoin as payment.
the word must is strong
i am a big fan odlf bitcoin and hope they will do well. this will be unpopular, but actually i dont like the "must" part. i would prefer if it was just allowed and recommended.
i don’t like this much at all. government comes to your business with a gun saying you have to accept bitcoin != freedom
cant wait to wait 10 minutes until someones payment of groceries got confirmed.
they will just refuse. whatcha gonna do? nothing. lol
if you spent 5 minutes in el salvador you'd see how unrealistic this article is. the average 95% of businesses here do not even accept credit cards as payment methods. they all operate cash only.
just listened to the president talk on twitter spaces. he gave an example that mcdonald's would legally need to accept it.
this would be the way
if it works in el salvador they will have to do something of the sirt, or else lose some of that sweet tax money.
yes because a volatile legal tender is the way to go!
you forgot to add the united states to that list. we have no financial freedom what so ever here.
el salvador is an actual dictatorship and this is a bitcoin stunt to divert attention from a us dept of state report on corruption from this govt. this is not good at all
they just accepted us dollar in 2000 the same way as they’re adding bitcoin now... i don’t think the dollar is being de-emphasized as the law also says all accounting will treat btc in us dollar form
on the other hand having option of paying taxes in dollars and bitcoin is better. if bitcoin is high, you can use lesser amount of btc to pay them. or if btc is down, just use dollars 🤔
those without access to the tech are excluded. gotta read the whole thing there champ!
>article 12. they are excluded from the obligation expressed in article 7 of this law, who by notorious fact and obviously do not have access to the technologies that allow to execute transactions in bitcoin. the state will promote the necessary training and mechanisms so that the population can access bitcoin transactions.
ok, let us imagine the scenario... guy goes into "mom and pop store" and tries to buy a drink for 99 cents. he wants to pay with bitcoin. mom and pop: "sorry guy, we have no fucking clue how to accept that" guy: "..." what do you think happens next? **disaster** really? or does the guy just go "fair enough, here's 99 cents. would have been cool though" thought processes like yours hold back actual progression.
read the entire thing
lightning network transactions cost about 0.05c usd. get your mind out of the shitcoin subs dawg. they give you brain worms.
man, i really hope he is not dead but the evidence does point to that.
sorry to tell you this… he’s dead
trump like powers without the spray tan!! edit - take it easy peeps, it was a joke!! feel free to take a jab at my prime minister’s socks or choice of past halloween costumes!! 🇨🇦🦫🌲
he is. corrupt dictator. this is all propaganda
that‘s exactly why we call developing countries developing... they aren‘t very good at that legislation thing.
how the hell did it happen so fast?
it’s one party ruling everything right now lol
q4 about to get fuckin wild. as it always does in a bull market. hold on to your butts.
i was here 50 minutes later
soon to be called decentral america
ye defos hodl but taxes are taxes you gotta pay em haha
i’ll start a gofundme
fuck them. they made their shitty service impossible to use, so if they go under it is their own fault.
since every company is legally required to accept bitcoin then this makes it easier as you do not really have to find a a vendor to exchange currencies of bitcoin into the local dollar
being able to convert it back into usable currency in el salvador.
isn't that...cheap? and i'm guessing any equivalent you pay in usd will work right?
crazy hey and the ramifications for the rest of the world is massive. one country recognises it as currency means the whole world has to now.
how about latin america?
they can opt out if they don’t have access to the technology to accept it. meanwhile the gov’t will work to educate and provide the services to allow them to accept. you have to read the whole bill.
if people are able to buy food with satoshis, people are able to sell food for satoshis. you’re both right
electiricty penetration (2007) - 83.4% (72% (rural), 97% (urban)) internet access estimate (2021) -54% ignore this fucking liar
i believe an article i read stated that smart phone use is widespread, but someone can fact check me on that
right between kay salvador and em salvador.
things are so uncertain right now that i feel like i have to just hold my btc till a clear us perspective on this is formed. i could see them doing some extremely strict stuff.
looks like it just passed 62-0, incredible. jack dorsey just joined as well
first 🇸🇻, 🟩 next.
jesus christ hahaha 62-0
but they are still talking and people say they have to vote again?
i mean there is a lack of leadership in our country because we cannot seem to get together for things both parties agree. in this example the 1t trump promised for infrastructure
you’re fucking delusional. it’s all about power and putting money in their pockets or to family and friends. you think anyone really gives a shit about qanon?
no i want a functioning government that passes bills and moves to the next. i'm so tired of the gridlocks. the worst one is the budget ceiling and government shutdowns. usa needs to change.
i ll take a dictatorship that can make our country better than the ineffective government we have. what good is our democracy when anything can be stopped by filibuster and we call that a feature? we sabotage our country in the name of party lines
checks and balances cannot stand in the way of progress. when the people elect a government they elect a vision.
yes, that is half true. the judges were substituted for the remaining of their period (for corruption charges obviously). new ones will be picked by congress in around 8 months. the interviews for the candidates already started. just wanted to clarify that. source: salvadoran. edit: corruption\*
basically all of them were corrupt. you could also call it a cleansing.
i was listening to their twitter radiocast group earlier. he said there will be no reserves but . there are no reserves. the whole line about "due to the actions of central banks" from jacks presentation where he said it was an excerpt from, it is not in it anymore.
but bitcoin is still tied to the usd in its value. you really see no problem with a small, poor country dropping a physical currency (because the country that currency comes from is sanctioning them for their authoritarian actions) and replacing it with a currency that needs an (expensive) electronic device? you think the average salvadoran outside of the capital has a computer?
el salvador is one of the poorest american country's. it is factual most people in el salvador do not have access to the means to buy bitcoin through electricity, the average salvadoran earns 'm pretty sure those stats are being nice. they would spend more on btc fees than the actual bitcoin they would receive. your comment is the actual projection of a retard you utter fucking moron.
what issue does bitcoin solve for them?
oh, that is bad.
so by that logic seller at the corner shop has to accept any known currency in the world, like belarusian ruble?
well no, but the euro does not ever see a 30-50% drop in spending value in a day does it?
do those countries not have their own fiat? el salvador was using the dollar so it is no loss for them to take bitcoin too.
destroy competition 🙈 forced acceptance 🙉 regulation by govt 🙊 these all sound terrible 🐒
so, what is your point? are you typical salvadorian than? do you belong to the 70% of the population in your country? how an exception like you, who is living in germany, does anything to do with the general population and the country economics?
recent post history includes that one puppy coin, wsb, and the main crypto sub. explains itself really
sorry i'm late. i was to busy fucking your mum all week it was wonderful
i guess i don’t, could you explain then?
there will be no domino effect lmao
\>bitcoin was never meant to bypass law of coooourse, yeeees, nothing to do with having a unseizeable asset without having to bury silver, wink wink your brainchild is being used for speculation so much it is beyond repair, and i blame the ones like you
is it and will it ever bee sound money though? i have yet to see anyone not treat it like a gambling opportunity, this does not change that, huge 20% swings over weeks is not sound money its a basically like paying in stock.
you could have just said "no, here's an article explaining why" asshole
it has not. just read the text in the picture. it allows however to send the project to initiate the procedure for a decreto, which would be an executive order of sorts.
that answer was perhaps a bit short. good further info from the president of el salvador´s twitter spaces interview government bitcoin wallet will be developed by jack mallers strike - free & available to all in el salvador. opt-in only. they will also give training to the population and build infrastructure.
i highly agree on the covid initiative he took which is amazing considering what other countries did like completely ignore it. it just baffles me how no one on this sub sees how he’s trying to grab as much power as possible. what good president would do that? this seems like it won’t end very well. i hope bitcoin can improve the economy but i’m afraid of how it’ll be handled. no one sees that on here, they only see money.
soooo you really think btc is the best choice for a currency? to be used in daily transactions for things like buying a cup of coffee?
arguably, this is the primary reason for any currency. it will be very interesting to see how the relationship between country and currency will differ when the country is not minting the currency
this is the biggest thing to me… the waiving of taxes on the use of it allows it to have greater use case. if you have to pay taxes every time you use it then it handicaps its use case…. personally i still would never use it for everyday transactions but it’s huge for those people who may want to move to el salvador to take advantage of the tax savings.
fyi this is already the case in austria and germany (cozier countries to move if you want to moon i.e. cash out your hodlings), for cryptocurrency sales happening at least one year after buying date. possibly other countries too, just those two are ones that i know of.
is this going to become a loophole to tax free btc gainz
i wonder if anyone will try to move there for that. that would be insane!
you're right, i had not made that leap yet.
pretty amazing to be so young and such a legend.
dont forget the others:
the up-side is self-evident, i hope - imagine having a , but you need to ask at five shops before finding one that will accept it. the down-side is that purely domestic transactions now carry a "foreign" exchange risk; but article 14 effectively makes that moot, in that if a business does not want to *hold* btc, it can take it and instantly exchange it for dollars (which is basically what bitpay already does for 99% of us businesses that "accept" bitcoin).
as far as i'm concerned, legal tender laws have been implemented to ensure that overt thiscrimination without cause is not acceptable in a modern society. if you run a business, you cannot say "that sort of person is not allowed to shop here". if you want to serve the public, and if the person conducts themselves as per social norms, they should be able to acquire the goods you're selling as an equal.
there are legitimate caveats in the legislation, but i think you are underestimating the people that live there. they're not dumb. there are few places in the world where access to technology like mobile phones is not pervasive, and that is not one of them. i expect almost everyone has access to mobile phones there if they want them. at least when they are around other people.
> won't the fees be a large amount of money in local money? using the bitcoin lightning network transactions are instantaneous and generally cost between one and four satoshis. it has been operational for years now.
i believe they are using the lightning network - they’re working closely with jack mallers
i heard strike, the lightning network client, is popular in el salvador for small day to day payments made in btc
> the fees to transact in bitcoin are wicked expensive. lightning transactions are instantaneous, and at todays bitcoin price, cost about usd.0003.
> this sub you do not speak for this sub. you wanna speak for whatever shitcoin sub you're a part of, go speak for them there.
welcome to the definition of legal tender.
this is how they make fiat currencies successful.
they also offer a way to convert btc back into usd, so it should not put those who do not want to accept btc at an thisadvantage.
> 10 minutes the lightning network is instantaneous dumbass.
not everyone is as dumb as you dawg.
> do not even accept credit cards as payment methods. they do not need to.
mcdonalds ceo: well shit bois i guess we are getting into crypto.
hell yes! let's hope they see this as an opportunity and not a problem
a dictatorship that wants to give its people financial freedom and total control of their wealth? please explain. because this makes no sense to me. and doing this doesn’t thistract the us. far from it. it brings unwanted life and death attention from the reserve currency state. they can’t very well have other states breaking away and not paying the required tributes. dictatorship?! with full crypto freedom? shit. sign me up! cause the “freedom” here in the us isn’t working worth a damn. democracy is just two wolves and a sheep voting on what’s for dinner. and producers are the sheep. we are tax slaves.
el salvador is not a dictatorship.
el salvador is not a dictatorship, wtf are you smoking.
the government will use the exchange rate on the date of transaction or when you file taxes, whichever benefits the government the most
they just need a phone + internet. there are 1.5 cell phones per person in el salvador so it should not be a difficult adoption.
interesting. this will probably end up becoming quite a mess for vendors to have to deal with two forms of currency will it not?
guy: "i want to see the manager!!!" owner: "i am the manager and did not you read the whole law, particularly article 12 that says that businesses that do not have the technology to implement the acceptance of bitcoin are excluded you dumb cunt?"
this is called a „learning curve“ by society as well as economy. totally normal and okay. will take time, but it will happen.
is lightning network online now ?
but how does that fit with the low success rate of transaction diagnosed only six months ago? see: [
thanks very much for the response and the translation. it’s all very interesting.
source? im lazy and at work
he's no more dead than i am. if you are going to open your mind and do some research around the webz, you could make a more than reasonable assumption about who sn is. you cant be 100% sure, but certainly more than 90%.
darn canadian, stirring up all this trouble. shoulda just buried you in kraft dinner.
call it dictator, but the people of el salvador spent over 40 years being robbed by a corrup government and when nayib stepped in he finally put a stop to all the stealing and he is actually helping the people. it is easy to call him a dictator just like its easy for me to know a retard when i see one.
according to freedom house el salvador is freer than mexico and all its neighboring countries, it has [quite an ok-ish score]( (not exactly the best but far from a dictatorship). further more, the guy just took power in 2019 after a "free and fair" election. genuinely curios why you say he is a dictator.
i do not think even empires and kingdoms passed laws that fast.
because his party and allies control the majority of congress. they have 60-64 votes out of 84.
*side-eye at us congress*
small government = fast government
easy in a de facto dictatorship, which is the only part that sadens me about this
huge corruption and they lean toward authoritarianism. very unhealthy government staffed with his own yes people. not fud it is what it is.
that only accepts bitcoins kekw
how about "the worldwide adoption"
how about north amercia. where it actualy is.
go take a walk around el salvador you fucking donkey. these people will not be buying bitcoin. i am not against bitcoin but you morons thinking one of the poorest country's on earth will be able to afford btc as a normal when they struggle to pay for internet. i am being realistic here you are not.
the average weekly earning in el salvador is less than .
still nothing mentioned by el presidente. opposition still holding up the bill on the floor.
finally some hope for el salvador
el salvador is "the savior", so yeah, jesus christ.
there was propably some very sketchy things hidden in trump proposal. but he was and still is anyway attacking the country from within and trying to destroy democracy and voting rights so... first you need both parties to agree that democracy is ok. only after that you could do something together. gop is not filling that first part nowdays so the problem is not about leadership.
why are you so mad? lots of republicans seem to care about qanon conspirancy bullshit. i think its because it alligns with their view of the world and helps them to get power. helps them to get votes and money from crazy people. helps them to agitate white trash people.
sure, but what one person calls progress another person calls tyranny. that is the point of checks and balances. maybe a president thinks that abolishing net neutrality is "progress". maybe a president thinks taking away your right to privacy to fight the "war on terror" is "progress". checks and balances exist to make sure a super leader cannot do whatever they want in 3 days.
hoo boy, that is the most fascist sentence i've read in a while.
don't want to be that guy, but mussolini and hitler were elected at first...
except the people didn’t elect him, he never got the popular vote.
el salvador does not have a central bank because it does not have it is own currency therefore it does not have reserves. this trust is basically a reserve.
how many people do you know in el salvador?, my company has many upworkers working remotely in san salvador with 500 mbps internet required for our network
more lies from this bitch. average wage in this country is 102$. its not that much but their cost of living is also much lower. as btc will become legal tender majorit of btc transaction will be through payment providers or lightning not directly on blockchain it will be very common to store btc in 3rd party like banks, payment providers etc. so zero or very low fees. but if you want to self custody the current fee for transacion on blockchain is 0.98$. so now you fucking moron, tell me that its out of their reach to transact in bitcoin.
bitcoin is a global payment network. access to global payment network = access to global finance, access to selling goods online, storing money in a place it cannot be stolen, getting loans for businesses, attracting foreign investors to invest in their businesses and real estate, access to a retirement account, etc. etc. this whole thing then creates jobs, jobs create gdp, higher gdp creates bigger budget for infrastructure, you can see where i'm going with this.
also it is false. that's not how legal tender works. seller only has to accept bitcoin if you have, or create, a debt with them.
not exactly bad, the business has the opportunity to decide if they want to receive the bitcoin or the government can “exchange” that bitcoin for usd, government will basically buy the btc from the business if they don’t want to take it.
neither would bitcoin, if everything was priced in bitcoin.
>banana farmers we are not banana farmers, we neither have jungles.
wsb aka we sell bitcoin
i do not even know my mom lol
> people do have to accept us dollars and bitcoin for goods and services. i guess "legal tender" means something different in el salvador then, because merchents in the us for example, do not have to accept usd for goods and services. they only have to accept it as payment for debts, if they want to have the debt resolved. note however that even in the case of debts, they are under no obligation at all to pursue payment for the debt.
why are you in this sub then?
you could have just continued on without the need to respond and make yourself look even stupider by proving my point with an ad-hominem attack. it is not my job to do your research for you. instead of name-calling, go do a simple google search and evolve.
that is big! bitcoin is simply becoming their currency, no ifs and buts about it!
el salvador does not have their own currency now. the usd ~~is~~was their legal tender. now bitcoin and the usd are both legal tenders there.
most countries dont have cap gains tax like in the us.
it is will see how it works. now they do not have money, they have bitcoin
still has an exchange rate but wow this is monumental.
switzerland leaves the chat.
if you are a us citizen you'll still need to pay the tax man.
i only have india for comparison. if its anything like india, i think it will be difficult (maybe at first, maybe for a while). in india you have street vendors that have phones, but some poor street vendors that dont even have phones. its simple and easy to take a piece of paper, vs correctly working a payment app. not to mention some not so tech savvy people being scammed. i would propose something that mandates businesses (or people) of certain size. but still allow a poor local to prefer cash. or maybe this forces people to learn about a new technology that will only benefit them? or maybe it will just create hassle for the poor who may not be able to comprehend the idea of bitcoin. by hassle i mean being paid in bitcoin to only have an additional step of converting to fiat. maybe im cynical, only time will tell
so...what's the roadblock and why has the lightning network not seen mass adoption by the market?
how quite new to btc framework
is there an app people can use for this? i’m genuinely curious as that’s big my biggest turn off of cryptos in general.
i speak here, if you do not like it suck a dick
circling back to this, douchebag, this isn’t even the definition of legal tender. most countries don’t have laws requiring merchants accept payment in a particular currency. taxes and debt, on the other hand, different story. so not only did you defend coercion here, you also were wrong in assuming this flavor of coercion is just a norm. and you’re also a dick.
i don’t see your point here. is a valid retort to calling out an authoritarian law “welcome to the definition of this authoritarian law”
ya, and bitcoin is an alternative to fiat. doesn’t justify it imo
they’re required to offer infrastructure to accept payments in bitcoin if they have the means. it’s an additional overhead burden imposed by the government. like force feeding freedom
but you are not required to use it. they have to accept a payment in bitcoin, not a payment in bitcoin through the lightning network.
this is fascinating. did every international business that has a presence in el salvador just get back-doored into accepting bitcoin?! it's forcing them to get into the game. if not to accumulate, to at least start to learn and incorporate the tech. i do not know how enforceable this is (i guess it would depend on the demand to pay for services with bitcoin), but i imagine if those businesses do not want to adapt, they may reduce their footprint in el salvador.
i've been out of the crypto space for a long time so please explain if this is wrong but are not bitcoin transaction fees around -(from a quick googling) wouldn't that kill most commercial transactions?
it is. president sent military to take over congress, has removed the supreme court and just yesterday he has jailed his main political opponent. what do you call that?? he is also accused by the us govt of corruption. this bitcoin thing is a propaganda stunt. do your research and stop being a sheep
the “president” sent the military to congress, has jailed his political opponents, and removed the supreme court. what do you call that? maybe if you actually read and knew what was going on in el salvador
it actually is. do your research.
not if it is all accounted for in dollars.
i do not think so. i've lived in a couple countries where you always had the option of using the local currency or the usd. the exchange rates are posted in most businesses (locals usually knew the expected rate) and there was never any opposition by vendors if you paid with one over the other.
i'm no economist, but i'm assuming there will definitely be an adjustment period. but i hope for all our sakes they can figure it out.
why though? you can insta convert to usd.
if governments"mom and pop" stores set it up then i see no problem with it. don't write off old people, they are more capable than you might think :)
they have 90 days to figure it out.
are you dumb ben? imagine you turn 70 year olds, and have no saving
lmao it is getting heated in these comments
> .05c 1 sat = 0.03c. .0003.
it has been active for several years now and continues to grow in size.
yes, there are more than 10k nodes. it's very reliable now. similar to visa in experience with some upside to ln. from a customer's perspective: 1. in the great majority of cases payments go through within seconds. 2. if the value is high or you're trying to pay to an obscure place the payment may fail and you may have to pay in two or three installments because of limits. 3. you can create an ln wallet without any special credit checks or other limitations of age, etc. 4. you can receive payments not only send with an ln wallet. 5. the ln network will not block your card. 6. the ln network is fundamentally much safer than a visa card (which essentially has the private key printed right on the card that you have to hand over to every merchant. wtf!) 7. with ln you have to manage your own keys. there is no customer service. 8. with ln wallets you need to put in some funds before you can send. it's not a 'credit' system, but a 'debit' system. from the merchant's perspective ln is better than visa: 1. the buyer cannot reverse the payment. 2. as a merchant you can instantly use the funds to fund your operation, as opposed to visa which takes weeks to give you the funds.
i've been using the lightning network since 2018.
strike is working there.
go away shitcoin shill. a lightning channel is literally a bitcoin smart-contract transaction.
stop scraping google for the blogs of morons to support your bias. i've literally been using lightning for years.
len sassman and hal finney are dead. rip.
hal finney or sassaman. i’ve been in this space for years dude.
no he stopped the other people from stealing, him and his cronies are stealing too
because he does not obey the rules of democracy, actively has shut down all resources citizens have to look into where the money is going, and has spent more and more on the police and military, also has created a state news channel and newspaper with tax money. why do people talk about things they do not know about
i mean the democratic party controls the house, senate, and presidency in the us and we still cannot get shit done.
yup, which is actually a bad thing. checks and balances are very important.
more like govt dominated by one party == fast to react to the wishes of the party leader.
90% of salvadorian's approve of their president and his fight against corruption.
the huge corruption is what pushed people towards the new ideas party. this is the next generation's revolution in el salvador and the country has only been looking up since president bukele took office
interesting comment. i'm very pro btc and this adoption, but we should thiscuss the opposite side of the argument too. the speed of passing this bill is awesome, but a bit weird at the same time. this is a country after all and not a country club.
dont believe all fud coming from left-wing-facist media
half full or empty? it rises 5% a year. in 10 years nearly everybody will have access.
they’ve obviously thought it through
poorest country? what are you smoking, idiot? its actually ranked 105 out of 212 countries in gdp. right in the middle! they are not wealthy but also not dead poor. their economy is starting to boom and thats exactly why they adopt bitcoin. i am sick of you fcking idiot from 1st world country trying to portray el salvador as some hellhole where people have nothing to eat or sleep. its a developed country where every citizen will benefit from this breakthrough. so, fuck you liar.
el salvador receives . in addition, 25% of salvadorans live outside the country. so the amount of crypto that can potentially be sent back to salvador from abroad and then circulate through the economy could be substantial. then we need to factor in the amount of new investments by fintech related industries, this could significantly improve the country’s standard of living.
someone doesn’t understand lightning. surprise, it’s you! do some homework gump.
misinformed comment above ^
ah you were right, his brother just announced it passed with supermajority!
america needs to get their shit together
there was never anything fishy reported but it was not a priority for either party. they spent the money in military and the wall
most people that lean conservative actually have no idea what qanon is about. i barely do, and i spend an ungodly amount of time on reddit or i'd have never even heard of it. it's just another boogie man to caricaturize a group of people. i do not think everyone on the left is a soy boy antifa fanatic...
why are you so stupid? its stupid to think that qanon has anything to do with anything. as you said specifically, its the politicians that use them. the politicians will use anything to get more power and money. that’s all this is, that’s why you are delusional if you think that they care about anything other than those two things. doesn’t matter if it’s qanon or fuckanon, if they can use it, they will use it.
i have no idea where you going or what you try to say
but what you are suggesting is checks and balances keep the country from going in any direction. democracy gives power to the people to choose the vision of the candidate. for example: should death penalty be abolished? candidate 1 says yes. candidate 2 says no. whichever candidate people elect, checks and balances should allow for space to pass that agenda.
you have no idea what fascism means.
and so many other leaders. you have no clue what you are saying.
he won according to the rules of the game. that s the democracy we have in america
they have foreign currency reserves actually, google it. 5 billion in foreign currency is held (usd).
ah, so literally the only thing holding back el salvador this entire time is the lack of anonymous transactions and fees on foreign transactions? not corrupt government and basic workers rights? this is just blatant blind optimism that’s flat out incorrect.
[ largest portion of the export are the t-shorts 16% :d cotton farmers than?
you are such a cunt
so will the govt be providing their citizens with phones or a method to access the coins? i guess they could deploy a bunch of atms that convert to cash. if it even gets advanced enough they could have bitcoin debit cards.
i mean if they do not have their own gov't backed currency, then it makes a lot of sense for them to adopt it b'ts or whatnot. i could see other countries that do not have currencies of their own doing this to have agency over their own currency. the us might on the other hand ban bitcoin for the exact same reason.
this is really the heart of it that people are not paying attention to. it's less about being super pro-bitcoin than it is about hedging against usd. since they use usd as their primary currency they were subject to the monetary policies of the us, and were unable to design their own monetary policies to better suit their local economy. they still cannot do this with bitcoin, but since it appears the usd will be going through a moderate inflationary period soon it makes the most sense for them to encourage their citizens to hold non-usd in order to hedge against a weakening usd. it also helps them ensure that taxes they collect will be more resistant to usd inflation.
you got that backwards. most countries have capital gains tax.
> by hassle i mean being paid in bitcoin to only have an additional step of converting to fiat. that is not where this rule is going to be enacted. it will be in the stores and the restaurants, and everywhere else that has a cash register. and not only that ln strike is probably going to be providing the service of immediately translating that to any currency. and they will use the lightning network to do it. eventually, that is just going to be the way that you spend money. and they will save millions in credit card fees for doing so. the legislation specifically refers to people who have legitimate reasons for not doing so. the people that are focusing on this either have not read the legislation, or are being duplicitious in their criticism.
time and requirement. there are still dumbasses that are using the main chain of bitcoin for one-off purchases. until the fees for that become prohibitive, and that'll happen simply by bitcoin increasing in price, the incentive to use it is not necessary for all. that's all about to change when it is used as a legal tender instrument. it should be noted though, that lightning is likely already used more as a payment rail than all of the shitcoins combined.
shitcoins and big-blockers. the lightning network works perfectly
cause it is shit, unless you ask the devs
> is there an app people can use for this? to start within five minutes, wallet of satoshi. it's custodial, but i'll send you a few satoshis if you create a wallet and post a request here. if you want to use a non custodial wallet that you fund with bitcoin use breez or phoenix. there are lots of solutions depending upon your use-case and expertise.
shitcoin shills speak here until they cannot help shilling their shitcoins here, and then they do not speak here.
> i don’t see your point here. clearly.
this already happens everywhere in the world. only until now instead of "bitcoin" the law said "pound", " euro" or in el salvador's case "us dollar" they already force everyone to use a foreign fiat currency.
i get your point but being forced to use a decentralized currency is still better than being forced to use fiat money.
until 10 minutes ago, you did not even know it existed. how about you just sit this one out.
if you like to convert it instant you cannot even use it...
yes, this is so brilliant! it's hard not to be bullish on bitcoin when this will literally force mainstream adoption. we do live in a global society, so who knows what the domino effect of this will end up being!
i think it would be btchicken nuggets, yes?
el salvador uses lightening networks for everything. it's a layer 2 solution that let us you settle every now and then, so you only need to pay one fee at settlement time. the big problem with lightening in my experience is that it does not work well at a small scale. we might get to see it work at a much larger scale edit: surfing spelling
oh no, accused by the us of corruption?! oh did you say the us hahaha lololol. we invented modern legal corruption idiot.
he builds a really nice brand new pandemic hospital.
*facepalm* no, it actually is not. good luck living in ignorant bliss.
you must have never been to el salvador. these “mom and pop stores” are mostly people selling snacks, drinks and trinkets to make some cash as the median income is so low. drive down a come residential street people are selling, drive down a rural backroad, people sell, side of the street on a highway. only maybe 5 percent of these people have internet in any form.
they do not really need much effort to figure ir out either - article 8 does that for them
what they need to figure out is how tf they are going to afford the hardware to accept btc payments
mom and pop lightning nodes
that was fucking rude. i think it is a very concerning scenario. i remember when they were pushing the metric system down everyone's throats and the older citizens were the one's bitching the most and the loudest. they just wanted to be able to say, "i want to buy a pound of this or a pound of that," not sitting there trying to convert shit at the local store.
if it is really that cheap, that seems like the end of visa and paypal.
great ! just read its github page. so as i understand it, its a layer 2 protocol so maybe el salvador can create its own lightening node which will result in faster transactions, and for people who want to transfer large amounts or overseas, they can use the slow-highfees layer-1 btc blockchain. (just a tangent) your point 8 is moot because i think most of the world has no idea about credit cards. here in india they are only used by rich people. for normal people it just feels like a scam. banks try to push them down our throat though maybe in america they are more successful in doing that. i have no idea about the situation of credit cards' adoption in europe, sa, australia etc. maybe others can comment.
wait, who’s shilling here?
that is literally a news site completely dedicated to lightning. just point to where you think the article is faulty, if you think so. some reddituser saying "lmao, it worked for me" is not the most convincing argument. it's just ridiculous how there are so many people on every crypto sub who believe that any insinuation that something might not be thought through is some sort of fuding.
man wtf i thought satoshi was an unknown person 🤦‍♂️ this is really sad. it makes me feel more deeply about the hardwork that is been put into this after knowing his story and vision. bitcoin now is not just a currency to me. it's a treasure.
this article states len took his life in 2011 nakamoto posted in 2014, assuming it is one person. i think nakamoto's still out there
thank you for the link
either that or he fucked too many hookers at the same time, the spirit is willing but the flesh is weak.
y'all really think satoshi was just one person? this is some james bond type shit man, there are definitely more than one satoshi
im pretty sure its neither of the two. hal actually posted on bitcointalk as a reply to satoshi that he briefly inspected the code and that it is a "poweful machinery". look it up. he, like sassaman, died too early to be nakamoto as he showed up once more after they died to stop a certain fork. it is unlikely that satoshi is someone who isnt known to be a bitcoin developer. find someone deeply connected to bitcoin. like, so deep. its so overt, its covert. hes hiding in plain sight.
how cheap is crack over where you live, cuz you are crazy lol
with the likes of manchin and sinema and the existence of the filibuster, the bare 50 + vp majority in the senate does not really function much like one. it'd be a different story if it were 60-40, or honestly even 52-48.
i wouldn't say that we cannot. more like our politicians do not want to.
checks and balances are usually just used by opposing parties to heckle the reigning party to stop them from getting anything done so they can bitch how they did not get anything done. most politicians care more for power than they care for people.
its a myth in most countries.
90% approval rating. you cannot force something on people if they want it
it is always easier to have fewer people agree on something than otherwise, so my point still stands. us is currently dominated by a single party and still moves at a pace of a kentucky turtle.
yeah well the people voted that congress supermajority a few months ago so there’s that
last year the el salvadoren president sent the military into congress to "hurry up" a vote he needed.
100% of north koreans approve their president. 90% approval rating is far too high for any legitimate president i think.
it’s easy to research the issues with the corruption there. just look up some names and read some fact checked articles.
not just left wing. all wing media is propaganda.
> left-wing-facist that's like saying a white shade of black. anarchism = left wing = anti-heirarchy. fascism = right wing = rigid heirarchy.
this is great, will be years down the line but doest stop people in el salvador struggle to pay there rent or struggle to put food on the table. it's sad to see the bitcoin community grasping at straws during a bear market. we'll be fine without that corrupt country.
man i have visited there you clearly fucking have not!!!! most people cannot afford fucking internet nevermind crypto you dumb fuck
i hope it does improve there standard of living. short term i think it will, long term it could be a lot worse.
shitcoiners pretend ln does not exist because it blows up their narrative
well educated on lighting actually, it seems most of you need educated on the real world out there. the average salvadoran struggles to pay for a normal lifestyle nvm internet and nvm fucking bitcoin. do some homework you simp.
man i have a friend there, most people cannot afford rent and a healthy lifestyle most struggle to pay for extras like internet and data. man people really grasp at straws during a bear market.
i thisagree because i see them working together while sharing common target to undermine democracy. in some part they are the same people. but not of course everyone belong to both groups.
hey man, i think you are part of the problem and not part of the solution when you act ao aggressively. take it easy. i hopr your mother raised you better than that. while i think you and i agree in some parts of this matter, that behaving of yours is not something i can support. take it easy and have a nice summer day, where ever you are. :)
candidate 1 supports death penalty. candidate 2 does not. candidate 3 does not. candidate 1 gets 40% of the vote, candidate 2 and 3 each get 30% of the vote. 60% of people voted for a candidate that does not support the death penalty. yet because they are in power with no checks or balances, they can just enact it anyways. i agree that the us might be a too gridlocked. but i do not look at el salvador and think "woah, this is how it should be!" it's way too far in the other direction.
thanks, will check. i doubt they hold 20% of their entire gdp in fiat reserves though. and usually without a currency you do not need any type of reserves.
over 90% are cristians, why dont you call us good cristians? : >
> acquires i wonder then if this is the key difference. as in, would the law be different if instead of this word, it were to say "wishes to acquire"? you see, once the acquiring has *already occurred*, then a debt exists. as it stands, with the above wording, it means once a good or service has already been delivered or rendered, *then* every economic agent must accept bitcoin as a form of payment when it is offered. that's the same as in the us - *after* delivery of a good, or rendering of a service, a debt is created, but it does not mean merchants must agree to the trade in the first place.
i doubt they can afford to do this. but it’s a step in the right direction, it states 70% of the nation don’t currently have access to the current banking system so this is a huge positive change.
> i mean if they do not have their own gov't backed currency, then it makes a lot of sense for them to adopt it b'ts or whatnot. exactly. not only that, the new currency is not debased because of a financial crisis half the world away. > the us might on the other hand ban bitcoin for the exact same reason. the genie is out of the bottle. three or four years ago it might have been possible (or maybe not), but i cannot see it happening now. it really is getting integrated into the financial system. this is just another one of those steps.
do either of you have a source for your claims? i'm interested what the actual truth is, but i have no idea.
ya i see what you mean (article 12). but to me the wording seemed like they are making everyone follow it. i think thats where i may have been wrong
>and they will save millions in credit card fees for doing so. trying to imagine the credit card companies reaction to this.
making shit up. a lightning channel is literally a smart contract bitcoin transaction. it is as secure as the bitcoin network.
still speaking. have you started sucking?
ya and i’m not a fan of authoritarian tendencies by governments around the world pushing bitcoin forward it’s just an unnecessary authoritarian mandate
well, except the us dollar is relatively stable - and has been chosen as the reserve currency because of its stability. bitcoin is currently extremely unstable. companies and businesses could lose huge amounts of money if they accept bitcoin. if you were a small business forced to accept bitcoin last month you are now out of business because you lost half your money. this is basically forcing people to participate in gambling.
i don’t even think i agree with this^ you think it’s better to force people to accept an asset that has significant ux challenges when used as payment versus a user friendly payment rail they are familiar with? my guess is way more people would prefer to use fiat today, and so you’re just shoving the caveats that come with decentralization down their throats. so much better to just let it happen on its own, rather than force it on people. i’m guessing either they won’t enforce this clause, or there will be serious blowback from people in el salvador. the latter could be extremely harmful for bitcoin long run, even though this looks amazing for bitcoin short run.
wow... you really seem like a nice person.
i like how you ignored everything else he said about why they are considered a dictatorship and focused solely on that last point.
iono smartphones are cheap and widely available and are small computers at this point
any phone can accept lightning payments using wallet of satoshi within about five minutes.
when the uk was shifted to the metric system there was, and to some extent, 50-60 years later, *still is* a large degree of unofficial crossover, with the old imperial system used as a reference point for those too old or curmudgeonly to educate themselves on what is actually a pretty simple premise. just because government mandates something, does not mean that at the grassroots consumer level there would not be a huge level of support for these kinds of people. it's within business owners interest to cater to their particular market in this respect. the same was true in the uk of decimalisation of the pound, although that was more swiftly abandoned and now everyone is totally fine with it.
what is the worse concerning scenarios? other than spend a little of time to read short instructions of how to use lightning network that can save your life and help you save money for a better life? or fucking stay on a broken monetary system. why are you both in this sub anyway?
it's not that simple really. credit cards provide a service to consumers; they get to do charge-backs. great for consumers. bad for businesses. many consumers will continue to use them for that service alone. i do not see online payments as the main usage of lightning over the short to medium term. but for peer-to-peer transactions? lightning transactions are onion routed. even if you pay someone -bag using lightning, the person who receives the . lightning is the substitute for cash as society goes cashless. so i still see cc's used for online payments, especially if you want buyer protection. but for face-to-face cash transactions, lightning lets a user pay for something without leaking any personal information.
> el salvador can create its own lightening node any person can create their own node, or use other peoples node infrastructure like with phoenix or breez wallets. there are even solutions that immediately convert to fiat from lightning payments available in el salvador like ln strike. > australia australia is almost entirely contactless payment now. covid really did go some way to killing off cash.
ln is borderless. so, if you create an ln node you may be facilitating the routing for a remittance for a latin american family. and earn a few sats in fees in the process. but, you're right. businesses and even the government in el salvador should create mega hubs for ln to work well for the citizens. they should probably open channels to anyone interested so people can have incoming capacity and receive salaries and spend on necessities from the same wallet. if i was a large food store chain for example, i would start opening 1m channels to anyone interested. this would be more effective than point collecting cards because the users would know for sure that their funds will be spendable at that specific chain, since the channel is opened from them directly. great lock in mechanism. agreed on point 8 for the non-western countries.
only shitcoins shills drivel as you do.
> a news site it's a blog. > just point to where you think the article is faulty, i do not waste time trying to debunk the wild consipiracy theories of shitcoin shills google searching for anything that [validates their bias']( > crypto sub the mantra of the shitcoin shill going through an existential crisis. three hours ago, [you did not even know about lightning]( flash.
ok, so you are satoshi. got it.
i’d ask you the same thing given this guy literaly purged the entire supreme court so he can rule without challenge. call me a retard but that sounds like dictator shit to me
in today's usa sure.
when the parties mostly agree we get things like the patriot act and the war in iraq
salvadoran here, all propaganda.
lol this is like staying putin's 103% approval rating as fact
yeah usually when the approval ratings is in the 80's and 90's its not the real number. putin and xi both have 80-90's approval rating. i cannot seriously believe that to be true. a u.s. president would be extravagantly lucky to get just a 60% approval rating. that's probably much closer to the real number.
don’t believe this people claiming that is propaganda. he’s one of the most popular man in latin america. to online influencers to strong political voices in latin america. they can’t stop talking about the good he’s doing.
probably cause corruption is a bigger issue in central america.
not exactly. where did you hear about that? would be interesting to read a different perspective. here’s an article i can suggest to read watch the video. peaceful. keep in mind his approval rating, his words and actions.
i have a couple friends in el salvador who are very optimistic about their future, government and country. i guess time will tell if he continues to fight against corruption and brings true economic relief and progress. lol it wouldn’t be cool if he turned into a dictator, why give people bitcoin though if your end goal is suppression?
it does help them because first time in years they have currency that is not corrupted, cannot be printed more and cannot be destroyed by inflation from shitty monetary policy. i have reported you already two times in this sub for harrasment in comments and misinformation.
this is a lot bigger than you think it is. obv there’s going to be people like you downplaying the significance of this but they just set precedence, a chain reaction. el salvador isn’t going to be the only country to die on this hill alone. a country passing law for btc as legal tender already is accelerating the time line i had personally set as far as state nation adoption goes
you have visited the country? but you still think most people dont have electricity while 90+% have? stop lying here. noone believe your idiotc fabulations, do not you get it? in fact most people does have internet connection. its actually 54% and rising 5% per year. so go fuck yourself.
things are already a lot worse. their economy plus rest of central america has been failing for decades and getting much worse. sticking with status quo has not worked for them, this is something new that even if it fails they will learn a great deal and adjust. they are now at the forefront of this new frontier leading the world! very impressive!
don’t have to buy bitcoin when it is the currency of your nation. internet is pretty standard with a cell phone. this ain’t rocket surgery.
that's exactly why they need bitcoin, to enable their access to world of finance and bring people out of poverty. bitcoin is not about making gains to buy a lambo, it is about banking the unbanked and helping the thisenfranchised. bitcoin is perfect for el salvador - which is why their country was chosen by strike in the first place.
you have a frind there yet you think that most in salvador dont have access to electricity, yet in reality 90+% have access? oops.we all know you are just liar. fuck off idiot
are you saying antifa and qanon are working together? that's a conspiracy i could get behind. both do a great job at destabilizing society while appearing to be way more prolific than they actually are.
south america faced too many interventions to be a coherent policy making region. the main reason they are a mess is that foreign intervention has prevented any coherent governments from functioning. in the case of 3 candidates the candidate with the majority wins elections so the vision of the majority is supported. in america there is only 2 relevant parties anyway. and with the electoral college it can be argued that a candidate with less than 50% of the vote wins but the point is that the candidate that wins the election is the vision package that we get for our country. you have to see the whole picture.
regardless, they are committing to holding a pot of , building it up from receipts of transactions. pretty good. i believe jack said they are 'set' to be the first to hold it on reserve, and they probably are still the most likely to do so as an actual reserve asides from the trust. just because thats not happening immediately doesnt mean it wont. regarding point 2, i agree with u
ok, good christians. i meant no offense with "farmers", i was born in a village and grew on a farm myself. thing is - difference in the infrastructure.
u. the typical banking system is not accessible to most, so i do not see how it is harder to get a bitcoin wallet than a bank. as for getting everyone connected, who knows if they will get support from the greater bitcoin community. i wouldn't be shocked.
usa banning bitcoin would be an active step in destroying another countries economy. the usa has obviously done this before but its really bad optics on the global stage.
i know that canada has cap gains. i get it - income is income. but i don’t like paying it. lol.
i think people are seeing what they want to in it.
> trying to imagine the credit card companies reaction to this. in western countries the credit card infrastructure is breathtakingly large. there's no way that people are going to roll out hundreds of millions of new terminals so that people can take bitcoin payments. the credit card companies will offer custodial debit card accounts of bitcoin, and you'll pay for the service of using that infrastructure. you might find the odd person that will accept it, but i expect you'll just continue using your card. they might even roll it out first in el salvador. eventually the newer eventual pos systems will eventually start accepting eventually other ways. eventually.
the existential crisis of the shitcoin shill is palpable.
all democracies force a fiat currency on you.
accepting btc does not mean holding btc.
you made a snarky asshole response and i stomped on you like a snarky asshole. life lesson? don't be a snarky asshole if you do not want to get stomped on. the question you should have asked: "aren't bitcoin confirmation times too long for retail trade?" or some variant. then i would have answered you in the same tone. [an example](
the one claiming to be a political prisoner is the former mayor of san salvador. he is being accused of not paying employees social security & pension funds, which he has agreed to pay so he may be released. also he has another case open for giving money to gangs in exchange for votes in a past election, which he also admitted to be true in an interview.
i just read through that and... thats a dictatorship but only technically like its a dictatorship because the dude forced congress to allow him to spend money to solve crime. thatd be like saying if biden sent the military to congress to force a bill making legal abortion a federal ruling that states cant overturn hed be running a dictatorship would it be an example of dictatorial behaviour? yes, would i support it whole heartedly? yes this is one of those cases where people need to remember the world isnt black and white, its grey. just like how a monopoly is only bad if the company with that monopolies interests dont align with the wider populations interests a dictatorship is only bad if its interests dont align with the wider populations interest and dude has a 90% approval rating so im going to go out on a limb and say they align
an old guy in a roadside stall selling fruit probably does not want
the infrastructure for taking btc *as payment* is not cheap for el salvadorians. most of these places take physical cash and do not even have card readers.
dont gate keep, breh. only teach.
satoshi was dave kleiman
i'm from el salvador and you're absolutely spot on. his followers act like he is the second coming of christ. he's an authoritarian piece of shit and it is clear as day that he is on his way to becoming a full on dictator.
ok retard, after 40 years of the same people ruling over, this president came, removed all the corrupt people, and started over. seems to me like he did what nobody else could do
imo the issue with corruption is bigger in the us, but central america is more “open” with corruption
thats the whole point of the new party in el salvador
if you think coruption is not the main mover in us, you believe our propaganda. if you havent noticed, the rich have it, the rest hope to have it. for decades
exactly your first paragraph, once that catches on. and the world powers begin to watch there fiat currencies inflate faster than ever before. what do you think happens to crypto?
i'm sorry but the only thing this is acceleratoring is world war 3. i can see the bigger picture you all are seeing but there is one thing you're all missing. the powers and wealth it will be hurting along the way will not stand back and let btc dominate for legal tender. if you are catching on to my bigger picture this could eventually backfire for btc and out us in a worse position.
i have you clearly have not, do not believe everything a google search tells you they are a lot poorer than you clearly understand. i dont care if you do not believe me its obvious. wtf are idiotic fabulations lol your so angry and do not even realise you have no idea what your talking about. el salvador is poor af and majority of people there would not give 2 flying fucks about crypto.
you say this am not rocket surgery but do not realise most people in el salvador cannot afford to pay for the data on that cell phone. but yeah they will all be flocking to exchanges to pay giant fees with all that money they have 🤷
i have visited there twice and have a friend and know there family well. you are fucking delusional mate just because google tells you 90% of the population have access to electricity means nothing. they cannot afford rent, they cannot afford a healthy% cannot afford bitcoin.
nope. why would antifascist side with racist conspirasy nuts? you know we fought a whole war agains fascist and won it? how does it makes you feel like? :d yeah, blah blah those were not same kind of facist that nowdays blah blah. same idea. same loss for them. snowflakes still crying about that lost. :)
sure, i just think that winning an election does not mean you should be able to easily and quickly pass anything you want so long as it is at least related to your campaign promises. that sounds like a road directly into tyranny
you are right but el salvador is not in south america
bitcoin is integrated into the financial system. it would be attacking their own companies. they're gonna get em to stop. the businesses run the government. i'm hoping that is not a surprise? i mean... who would you get to attack it? like specifically? which agency? what would you get them to do? how would you build the law? cuz you know it is going to get challenged. you think maybe "black ops"? this am not a movie dawg.
> looks like 57 countries have some sort of capital gains tax: most of the ones that have vast resources of capital.
so not most countries lol
shitcoin shill skills really do extend to copy-paste.
that article is really weak. pretty embarrassing that investopedia would even host it.
yes and i’m not a fan of that. i *am* a fan of bitcoin precisely for the reasons it exists as an anti-thesis to fiat. bitcoin doesn’t need the same coercion fiat currencies rely on to succeed. in fact its value proposition is in direct opposition to fiat, so why mirror fiat in this circumstance. doesn’t sit right
but its expensive for businesses to exchange currencies, particularly small local places. if they are practically required to change them, this is just a massive tax on every transaction the company undergoes.
i'm interested in some thoughtful thiscussion about this. > dictatorship but only technically so... what's the debate? it's a... dictatorship? > dude forced congress to allow him to spend money to solve crime in the matters of politics and government, the stated reason is like the tip of the iceberg, assuming honesty in the stated reason. "forcing congress" at the end of a gun is literally a coup. behaving as a dictator. > if biden sent the military to congress ... hed be running a dictatorship if biden were able to muster military forces to forward his personal political agenda - yes, that is a dictatorship. you do not have to change the constitution or write some new laws saying "this is a dictatorship". if a single person can effectively twist an arm and dictate a votes one way or another, that is a dictatorship. even if the majority of votes are still help openly and honestly, it is still a dictatorship. > just like how a monopoly is only bad if the company with that monopolies interests dont align with the wider populations interests i think that is a fair beginning to a thiscussion, but there are plenty of us that think monopolies are bad even in those circumstances. all of the examples i can come up with are straw man, bologna arguments, so i'm not the person to even argue this point. > a dictatorship is only bad if its interests dont align with the wider populations interest that's an interesting position to take and i'd like to hear more. when i read that, i read the opposite - a dictatorship is only bad as long as their interests are unfavorable the minority population. (please do not read race into that, it is unintended, just the suitable word.) > this is one of those cases where people need to remember the world isnt black and white, its grey. furthering the "interests dont align" point, i think that *some( issues *are* black and white.
> the infrastructure for taking btc as payment is not cheap for el salvadorians. there is no cost at all beyond the access to a network through a phone. > do not even have card readers. they do not need card readers. you can accept payments in lightning in about five minutes using wallet of satoshi, and if you want to get even more secure you can use the point-of-sale interface of breez.
article 12 covers this. stop being lazy and just read the damn thing.
5 minutes includes the install and setup time. once done, ln clears in a few seconds or often less.
> waiting for payment to clear? lightning transactions are instantaneous. ya need to get your mind out of the shitcoin subs dawg. they give you brain worms.
more like five seconds
i mean no courts to hold him accountable, a rubber stamp legislature, and now he’s taking away monetary policy i’d say he’s more than there
but your bold assumption is that after 40 years and dozens of corrupt regimes, this new one isn’t corrupt for some special reason even tho he’s shown clear authoritarian tendencies
also now that i think about it, if i were the leader of a country and i wanted to steal money from the country, i would much rather it prefer it be in the form of decentralized, de regulated, and hard to track digital currency not tryna make this an inditement on bitcoin, i’m just saying if i wanted to be corrupt, i’d rather it be in crypto than cash. and now this law makes it absurdly easy to launder said stolen money using bitcoin. not ragging on crypto i’m just saying it’s not a good system if you wanna get rid of corruption
i've been talking to large crews of el salvadoran workers in person and they all support bukele. something am not right
mandalorian here, when moon?
how is el salvador as a country? can you talk more about it?
salvadoreño living in the us, still do not understand his overwhelming popularity.
another salvadoran, can also confirm. this entire bitcoin thing is another example of his way at capturing fascination: trendy meme-y shit so people online who do not know about him hear good news first. you all do not know anything about bukele, his party, the historical context of el salvador, the nuances of his navigating the old arena. he is an incredibly sketchy motherfucker
more and more money will flow to crypto because of its nature to be safe from inflation. to bitcoin at least.
[you’re a know nothing fuck wit.](
sure bitch. i have visited us 2 times and was in family who cannot afford to buy food and basic medical care. now figure, idiot.
you do realize that antifa has nothing to do with being anti fascist, right? just because they call themselves "anti fascists" does not make it true.
that s democracy. you get 4 years to pass your vision. the only thing checks and balances do is the controls to the system itself but the president should be able to make reforms. they always say stupid things in america. obama was going to bring socialism and trump was going to bring fascism. hyperbolic news are the order of the day
i know what you mean but is central america a real continent or a region of south america?
just most of the ones with lots of capital.
when one can’t do their own research and makes claims with no supporting evidence then yes. read a bit. it might help you learn something and stop spreading false moonboy information.
i’m embarrassed for ln and the users.
banks also take fees for payments with credit cards, but you're right it is a concern that some bitcoin payment provider could take high fees.
ill concede on the minority point and respond to that with a rewording "a dictatorship is only bad if its interests cause more harm than good" as for the monopoly thing, i wholeheartedly thisagree with the people who deem monopolies bad regardless of their behaviour. granted im very pragmatic so my whole viewpoint stems from this mentality "an absolute control allows you to maximise your ability to enact on your ideals, if your ideals cause more harm than good then you maximise on your ability to cause harm, if they cause more good than harm then you maximise on your ability to help people" so if we got a bonafide egalitarian as the ceo of megacorp incorporated and goes around using excess profits to shelter the homeless and shit like that, then giving megacorp incorporated a monopoly logically implies that they can help a greater number of people due to their increased resources. or the tl;dr of that, i do not believe things or people can be good or evil, but their actions can be so to determine if something is overall good or evil you must judge them by their behaviour not their status
can you pay offline?
lol he is. i guess what i meant to say was that he would not deny it and everyone else in the country would not be able to to justify his actions anymore.
ok but do you have any evidence pointing towards corruption other than "oh he must be like those other brown people"
looks scatchy to me too. this could give a bad name to bitcoin if he turns really bad and robs the country.
salvadoran here, my opinion is that our president has some really good and really bad stuff going on the country as a whole is doing alright, crime is down, economy is bouncing back well the good: covid handling, better police force, more funded and trained, increased respect for policing in general, this in turn has led to a greater feeling of security (the numbers back it up as well), administration of justice has become a little faster as well. the bad: government is going on a severe spending spree (like the rest of the world sadly) there is growing fears of what will the gov do once the money runs out, fears of a tax hike after the spending is over. (the plan is that the economy will grow because of all the money being injected by the public sector) the ugly: if your somehow linked to the government your going to become rich, the money is being spent inthiscriminately and everyone is turning a blind eye because of the overwhelming popularity of the giving away free stuff policies. the heinous: the government just got us in bed with drc (china) very bad and shortsighted deal, giving away the future to the government of china in exchange for money and some projects (sold us out to the devil) the prospect for the future: i sincerely pray for the wellbeing of our country, i really hope that the economy will grow enough to offset the growing dependency on credit (but sadly it may never materialize ) and i'm really sad to think of the day when china collects in the favors given
populism is a hell of a drug
it only adds to the volatility you guys clearly do not think about everything. entire worlds poor population invests in btc. a tiny bit of market manipulation and the top 1% cashing out is all it would take to burn the hands of those poor people. this is a quick and one of thousands of reasons why a capped crypto for world legal tender is a bad idea. crypto becoming legal tender across the world is not great for everyone but you all see it a great thing because it will make you rich. and that is all it comes down to.
do you agree or thisagree? i can just imagine the trouble it would stir up, if poor countries started to adopt bitcoin as tender. just look at the countries which chose not to support usd over the last decades, and then which army came in to save the world from there deadly shenanigans. this is going to get interesting.
that provides not benefit to your argument. the average salvadoran has 1.4 mobile phones. okay cool? they are still poor?
>you’re a know nothing fuck wit. u. this asshole is convicted liar in this sub. ignore this retarded asshole. he thinks el salvador is some stone-age civilisation without electricity and internet. he is an absolute retard.
ok and do you think that family will be buying bitcoin? no they would not be. get the message!!
lol. keep living on that dream. you sound little desperate when you have to go that far lying to yourself. like i said. qanon style.
i agree, you get 4 years. so you don’t need to pass something in 3 days.
central america and south america are sub continents
this is where i hope to be someday. congrats and thank you for sharing another beautiful example of what the hodling faithful can achieve in the long run! enjoy that, you deserve it!
i like these stories. i just started a few months ago in crypto but im working on a plan to be able to retire in a warm country in 9 years. not a villa. these stories motivate me to hang in there so thnx!
that’s awesome. congrats! that’s a nice looking kia. which model is it?
jeez kia coming up. thought it was a range rover for a sec
i literally gave plasma to help finishing affording my first car. no lambo either. still spun it around every block i could out of pride. getting there off of your investments is a success story lambo or not. congrats. be proud too. you earned it. no payments is a blessing. now go put some aside for the maintenance because they never told us pink slips do not come with warranties 😉
nice car . hold it
played it right man, well done.
nice work i’m happy for your success!
this is the way, you have to take a little profit along the way and enjoy life.
congrats on your purchase. that’s a good looking car. must be good for outdoor activities too.
good job. life changing stuff! only the most insanely rich can borrow against their bitcoin holdings to live off loans like the super rich saylor says people are stupid not to do.
i rather have this than a lambo
nice. congrats enjoy it. but skip the vanity bitcoin license plate
congrats! not a lambo, but thumbs up for the kia. they are putting out some really great cars nowadays.
to be honest kia is really stepping up their game with their newest models. new models looks really fancy.
sheeesh!!! proud of you
i want to do the same soon. i want to trade a portion of a btc for a classic bomber car. i love them 1940s bombers
congrats bro, wish you the best.
good for you. if it makes you happy that is what matters.
congrats! and i'd have no regrets at all about cashing in at least a bit at a good price so you can better your life (and your family's lives)- especially if you still have plenty left for down the road.
15 maple, 8 sycamore and an oak.
car looks sweet. kinda like a range rover from the side, but probably 5x more reliable.
big mistake. part of investing in crypto is taking the plunge down and watching all the things you wanted to buy thisappear before your eyes.
my dads kia had 400k miles on it and was still running fairly strong but he “totaled” it when he slid on some ice.
that’s a massively big car! i still believe you would get more use from this car than from a lambo. congratulations!
i love this! so happy you hit your first moon to treat yourself!
looks like a range rover
most lambos do not have cup holders. come to find out, that is an important thing for me. good job! you know you're doing the right thing when you have somewhere to place your beverage. that is one nice looking vehicle. congratulations
good for you!!!!! save and invest first, enjoy the fruits of your labors second! i’m showing my kids this post!!!
profit is profit. couldn't have done the same if you only hold. folks here forget we transact in fiat.
kia does not run on renewables you monster
so you are the reason bitcoin has dropped. pitchforks out.
congrats man! i just cashed out a tiny bit a couple months ago to get a used kia sportage (lol i know, not a lambo). i just drove the new sorento and it is dope.
cue maxipads judging and condemning you for living your life and buying something you enjoy.
you sold at the top. bravo!
congrats! in 5 years you’ll be in the news. guy purchased car for 1.2 btc now worth 1m
ltd. living the dream
ohhh boy get ready to hear how you bought a depreciating asset
bro congrats on selling on ath. i hope your happy with your new car.
no upvotes huh? like none of these people plan on taking profits lol good for you this is amazing to see
congrats hope to be this blessed in life soon
nice, congrats what do you suggest as investments now
watch this is just placement from kia. haha nah just kiddin congrats and good for you
good for you. nice to see some positivity after the last few weeks. lovely motor as well.
good job. actioned whole rationale behind taking profits when you can. bigger than the car is paying off all your debt. jealousy circuit activated. 😜
smooth moves dude 🙂
thats a sweet ride!! congratulations and we need more stories like this. the right balance of hodl and profits.
congrats, this is how it’s done!
sold some at that price. didn't get a car, but got debts paid. what a relief!
the tax though, how much do you think you’ll have to pay? that is the only thing holding me back paying off my house
hey that came right out of the plant i work at let’s go
congrats! ' bit nicer than mine, i cashed out a little bit of my holdings around the mid 50k mark and got a 2014 equinox for a family driver.
congrats on getting a kia before their awful new logo. god that thing pisses me off lol. enjoy the profits =)
that's a really dope looking suv, plus you can actually enjoy it. lambos are impractical, even if you have a couple million it is a senseless purchase. unless you take it to the track (which almost noone does), it becomes something to impress others instead of enjoying it yourself. i had great success living just well enough to buy basics, good quality items for the necessities and sensibly priced, nice used cars.
congrats! this week i'm going to look at some tesla 3 models :-) not able to pay with bitcoin, but i cashed out just enough to buy one now :p the idea was to buy one when price of 1 bitcoin was exactly price of 1 tesla... just did not made it.
congrats and fuck you
have to take profits
congrats on the gains!! and, it needs to be said… most expensive car ever. the s&p 500 doubles about every 6-7 years on average, which means that if you’d shifted to a safer investment instead of cashing out, that car money would have been . 35 years later, that ~. i don’t say it to thiscourage you — you deserve the high you’ve got! — but next time consider getting a loan instead of paying outright. even if you paid the loan little by little by selling pieces of your investment on a monthly basis, you’d have the car and -100k by the time the car was paid off.
tell you what blackberry & sundual looks like a serious hold as well just saying not a financial advisor but my opinion is im holding all 3 till the wheels fall off
did anybody else think this was a range rover looking at it quickly ? 🤣
nice sorento! the wife just got one in january. same exact color and the x-line package. great rig so far! way more electronics and tech than i need
just out of curiosity, what wallet are you using?
come to otc. we have bitcoin runs every week also that’s a nice car, looks like a range rover
good for you. 🙌 gotta spoil yourself every now and then. just remember folks, cars are depreciating liabilities.
nice! u wanna throw some hookers snd blow my way so i can party like jordan belfort.
nothing wrong with that. did the same myself a while back. congratulations!
exchanging an appreciating asset with a depreciating one.
as 'rich dad, poor dad' says: don't say "i cannot afford it" but instead say "how can i afford it"
if you crash the car, you have nokia 🤣🤣🤣🤣
congrats if . you must be rich . cuhdos ! paying forward is awesome .
wonderful and it is the motivation for us to invest on btc and barmy
tbh fuck a lambo. that will be a way nicer more comfortable ride anyway. i would rather have a car that is like taking my recliner with me instead of wanting to look cool.
fuck you. and congrats
i bought a kia once. the engine had to be replaced at 70,000 miles.
this is far better than a lambo….it shows personal financial responsibility, something that is seriously lacking in our society! well done!!!
put those gains into a depreciating asset, great job!
you made it out in time lol
kia’s making some beautiful cars lately congrats
the truth of owning a lambo is generally its a sad loner who at best has some hanger on in the passenger seat. give me a sick kia to have adventures with the family any day of the week
what does no car payment mean here?
lambos have suvs ya know, i cannot approve
should have held it for another year and gone for the real lambo
this guy started the crash.
that is not what hodl means. paperhanded bitch.
my husband brought me a 2020 cadillac xt4 with some of his profits and no more car payments for me!!! such a great feeling!!! crypto is a life changer!!!
buying a new car of the year is a horrible purchase, even something a few years older is way less. op is still a relatively new account and his only post is this. fuck off with the bullshit defending this idiocy.
what a garbage post. really i'm thisappointed in all the people who voted this shit. this is like upvoting mlm stuff, but most of you do not understand this term anyway.
i sold mine too and diversified my portfolio. i cannot bank on bitcoin itself considering musk going against the bitcoin
nice suv looks sharp!
i hope you didn’t pay cash for the car but invested car money in some secured bond. don’t miss out on this thiscount.
this is why poor people stay poor.
make sure you pay taxes on it my friend, if you look through my posts i have a good tutorial. congratulations
friends don’t let friends sell bitcoin
congratulations my man. stay safe 🙏
congrats mate! that’s the way...
congrats man. mostly happy about the part that you cleared all debt. something i am grinding towards for too.
good for you man!
good for you man!!
kia’s are kicking ass lately. thing is sexy my dude
dude where do you live? so much greenery ...love it...and congrats for the new ride :d
wish i could do that in north africa too
congrats! that's inspiring results! i believe there is more to come!
why didnt you get a tesla!?!?
what's that black thing on the hood? is it a bug deflector?
nice work!!! hoping to do the same.
congrats man - especially when you say you've still got something to hold and profit even more from - its all done right. best for the future!
enjoy the car man! just a question because for sure i am missing something, what is the difference between buying a car with btc and buying it with $$. i see many people selling cars and asking for the equivalent in btc, i guess something with taxation ?
it's a sick car for sure!
beautiful 🤩 enjoy your new ride 🍀
you sold at a really good price! congrats for taking some profits off the table. i believe the rest you have in is basically risk free. good job!
it’s responsible to spend money on a new or new-ish car? or it’s responsible to take profit?
do you like it?
makes me feel so rubbish. i got in at 55k with my life savings. 5k, which has now been reduced to 2.5k. :/
damn that is a niiiiioce car! 10,have added that to our potential car list! thank you and congrats i. your moon 🌝!!!
congrats on making it to your first moon! a car with no monthly and debt payed off is a dream for some many people and you managed it!
congrats op. this is seriously the most beautiful kia i’ve ever seen, insane ride!
paid with bitcorn? how does capital gain tax calculate or you successfully evaded that. just curious.
i really dont want to be a cunt, but buying a new car is about the worst investment a person can ever make. that beeing said, i want to buy a new car too :d
"it's no lambo" this is becuase you're hodling. and as a result, you'll be able to have 10 lambos in 10 years instead
honestly i wouldn't even consider a lambo suv, its literally just a audi, same thing with the bently bentayga (probably spelled wrong) but with different aspects changed but you wouldn't get any sort of a true lamborghini except for in the cost side of things
great looking whip, what did that cost you at the time? about .5?
at first glance it looks like a range rover.
thats fine car, do people really even want lambo?
nothing wrong with treating yourself.
you had me at lambo
feels good to pay stuff off. makes trading less stressful knowing that you at least got your investment back, and then some.
congratulations! risks versus rewards has paid off.
sick whip!!! love it!!
this beats a lambo any day. people do not understand how impractical a lambo is unless you have the lifestyle and the facilities to get the most use out of it. for ordinary people, especially non car enthusiasts, something like this kia is orders of magnitude more useful than a lambo.
i used to have a kia and can definitely say it looked nowhere as cool as that.
is it combustion engine?
hey bro! i got bad news for you…. bitcoin just reached a new ath of 1.35m$
this is like a mary kay mlm hun showing off to all her new employees. lol.
all about changing your life for your family, this is the way
happy for you mate !
that's awesome! how bad were the taxes? i'm curious, because i'm scared to cash any out because of that
well done. discipline is paramount.
i appreciate it. more floor elevation, a center lockable differential, and those rooftop mounts as well as a tad lower for the narrow lanes i go on to work, both in the highlands and in the city.
hey these new kia engines like to burn oil quite a bit remember to keep an eye on the oil level especially thoes turbo engines otherwise thoes are really fucking nice cars
good for you man! don’t forget to include your capital gains for the tax man.
he had a few
congrats to you. i am happy for you, enjoy.
treating yourself and holding long-term. this guy gets it.
obligatory you now have to put lambo badges on it.
ouuu shiiit man, it looks awesome. i am really glad for you. i hope in few years i will post my own
nice. great job. smart- you should be proud of yourself!
dont like range rover but happy to you
cool ride bruh have fun ;)
that new sorento looks really nice imo.
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that is a really nice ride
congrats! that’s a nice ride. and glad to hear you’ve still got plenty of coin left
hodl is a great way to earn much in the crypto space but also trying to diversify by investing in reputable trading platforms is also a big win in the crypto space, i earn with both ways hodl and investing to get monthly returns
where do you live? that place looks beautiful. so green. - edit: just the state, not your address. i'm not the regular interwebs creep!
remember bro, ‘no one ever lost money taking a profit’ so good for you! ...enjoy the ride!
congrats mate! you‘re living life right! a kia is always a good choice nice and good cars and that model is looking sharp uff!! nice seeing the people living good cause of crypto! hope to see you too in a kia
awesome ride bro, saw one in person last week. great bang for the buck. is that plug-in hybrid?
you love to see it.
well done my friend💪💪💪 get yourself some good insurance for the car and you are set😃😃😃
doing it right! nice job op!
don’t forget the taxes!
great story 🙏🏻 congrats!!
that is an amazing story! proud for you!
thankyou for not buying a tesla
awesome! when i took some profits this year to fix my car my gf finally saw that bitcoin can be used to buy real things. it feels good to validate bitcoin. also, this scenery looks like georgia.
eff all that lambo noise - this 'guy' cryptos and i'm here for it. this is the inspirational shit to me. congrats!
i love to hear stories like this. congrats on making crypto work for you and knowing when to take some profits to better your life. slick looking ride!
i love posts like these, good job, i'm super happy for you!
you did the right thing to payoff debt. the best feeling when debt free.
always good to hear success stories when you are feeling down
this is a true success story. congratulations!!!!!
the crypto community is just amazing. 95%. of us want to give back. incredible
very nice! proud of you and all the people in this community improving their life and others along the way
dude great pick! i love the new sorento they’re sexy af. i would’ve done the same! exterior and interior are sick. kia is really on the up!
disappointed cause it isn’t a tesla
congrats, good work taking profits!
welcome to the kdm family
i just got into robinhood yesterday and made my first . i have no idea what i’m doing and hope to be there with you one day brother.
do they have an ev model by chance? this is a sexy car!
damn good spot to take profits at in hindsight, congrats!
why did you buy a kia of all things it’s not as good as a japanese car not to mention it depreciates like a brick.
this is the american dream.
lovely lookin ride. i almost ended up going with a stinger when i was looking at cars, but audi ended up winning. the quality has come such a long way.
congrats on finding a buyer at that price. just think how high the price will have to go in order for that buyer to see similar profits. it’s possible someone from this very sub bought you that car. :)
you gotta take the kids to soccer somehow right?
god that is a good looking kia
nice car bro! happy for you.
what an amazing achievement, really incredible.
why does this have the same shape as a range rover?
did you have to declare your crypto gains to the irs or tax institution in your country? did you pay taxes for your crypto gains?
is kia stepping up their game recently? that looks really nice
i did the same thing as well but a smaller purchase! nice choice, looks good.
that's a very nice car. congratulations!
kia makes some bomb ass vehicles these days.
niiice i really like the huge onebrow. seriously kia is doing good
that sweet sweet kia 100k warranty bro mmmm
i hope you put some aside for the tax man otherwise you’ll have a very unpleasant surprise at the end of the year.
sold at ,500... ‘yeah you good traders can spot the highs and the lows pit pat piffy wing wong wang just like that and make a millino bucks sure no problem bro’
congrats! dude the new sorentos look really nice btw.
i did the same thing! bought a 2021 kia sportage too.
great move! congrats bro.
am i the one who loss money from coins?
and you bought a car with a front splitter on the hood?
you want a cookie?
very nice. how did you deal with taxes?
talk about timing the top
but i thought bitcoin was the future *currency*?
nice one man. does it come with the 7 year warranty?
hope you cashed out a few weeks ago! nice ride!
why not a tesla?
great! you are amazing, thunbs up
congrats! i remember my first bitcoin car, it was about 8 years ago and a piece of shit lol 🤦‍♂️
that was a right decision! good luck with all this new stuff
save some for the tax man!
wow, what a waste. and you got hit twice as hard with taxes. oof.
nice! now get rid of that awful car mustache
kia has really stepped up their appearance game
bravo i got myself a x5 4.8i insane beast love it!
congrats brother you deserve it. i wish to have the same car i hope my hodl pay off in the next 10years
crypto gains turn to physical gains. good job! now grab some silver and gold! 😊
hey you single? i think my wife's looking for a new boyfriend, just let me live in your basement thanks.
nice looking car! first i thought it was a grand cherokee. then i thought it was a land rover! damn kia is putting out some nice looking whips these days! congrats!
if you didn't do this, i'd be questioning your sanity. the volume of sellers and fake hodlers is there on plain site...in the order books...everyone is taking profits!!
this is why i'm in crypto. goals
hell yeah, what it’s all about!
looks nice for a kia. good choice.
sometimes people even earn money to buy the things they need. for some reason that is more impressive to me. i dunno why.
this is what it’s all about. congratulations
when they say day trading does not pay off edit:
you should set it ablaze before it sets you ablaze
clean... it’s crazy how good the new kia’s look. looks way better than my range rover. also the new hyundai genesis looks like a fucking bentley. i love it. congrats on the new car!!! can you show us the interior possibly?
sweet!! awesome ride! what a great thing for you, so glad you're doing well!!!!!!
hope you saved enough for repairs every other week
thought this was a range rover at first. kia is absolutely crushing it with their newer designs.
mind giving us a background on how you got there?
hodl your car now! it's always great to take profits whenever you can.
nice work! wish i was in your position
perfect reward. no need to worry about it not being lambo.
this made me smile. i’m a genuinely happy for you.
wow nice car! that's what i'm planning on doing selling some crypto to take profit than keep the rest.
selling bitcoin for cash and then using that cash != "purchased with bitcoin"
that’s amazing! well done!
in 10 years you are going to look back at this as a . but enjoy!
you're our pride man.
this is what it is about. the lambos mean nothing, the mansions mean nothing (okay, fair point, how would i know), but to me it is not about looking rich or wealthy its just about being able to stress less about money. this right here is a solid car that is going to see you through at least 10 years probably way more than that. that's all you need. as i'm sure a wise man once said - a lambo and a kia get you to the same destination
this is where i want my crypto to go. thanks for the inspiration!!!
is that a telluride? whatcha think?
where i this? awesome environment. germany sucks :d and nice man <3
the whole point of buying is to actually sell it at some point. hodling is nonsense.
cool! but i'd suggest you remove the bra (rock chip protector you have on the hood). a lot of dirt gets trapped behind it and ruins your paint. your choice tho, some potential rock chips or certain contamination of clearcoat and paint. wish you a lot of happy miles!
i also bought a sorento xline, but how do you pass up 1.99% financing?? you dont think btc outperforms 1.99% over 5 years?
interior pics of my 2021 kia sorento sx prestige x-line,
great motivational story but i will never buy a kia again lol
no need for a lambo...that’s a better choice. l.a.m.b.o. = lose all money basically over.
> it’s not a lambo lamborghini is overrated
hope it’s an electric car though
sponsered by me no thanks needed😛
that’s the car of the nba. nice.
love posts like this. congrats!
man that’s sick! congrats!
that new sorento style is sexy. good stuff!
i’d have sex with that car.
hope you kept some for taxes.
kia engines have some power.
pretty sure the lambo dream is better stayed a dream the buzz would wear off quickly. this seems like a everyday car.
where should i start with this bitcoin stuff what link should i read and please no george hendricks lol
the liberation has begun.
congrats! i done the same in 2017 to buy an apartment and now i sold 50% of my crypto holdings in order to have money to move back home from the uk in order to be close to my family. it was a bumpy road but it paid off big time. so congrats, you deserve it! en
*irs enters the chat*
you purchased from the seller with bitcoin or your purchased with dollars from your sale of bitcoin? just curious.
that’s awesome congratulations 🎉🍾🎈
nice killed in action
this this this!!! this is exactly what i hope happens for me and my family. take some profit along the way and continue to let the investment grow. good job 👏
congratulations on your success and sharing!
i do not understand why people don’t buy nice looking cars
how much money do you need to start investing in bitcoin. ? is it promising or just pushing a hard luck with your last resort money that you saved during pendemic?
thanks for boasting, meanwhile my holdings have shrunk by 50% in the past couple weeks.
is that the new sportage?? sick man congrats!
congrats. i wish someday i buy minivan with btc ... hodl
that is a nice car
well done! nice looking suv
never be ashamed to take some profits off the table if it will improve your life or the lives of others
buy and read "age of cryptocurrency" by paul vigna, then you'll get it
good choice. hope you got that best-in-industry warranty
honestly, imo, lambos are overrated.
if you are being practical, this is better than lambo.
congrats man! car looks super nice, wow! (can't believe it is a kia! they have definitely been improving things!) also, major congrats on being responsible! taking care of yourself and your family, paying off all debts - definitely the right way to go! hodl your other stack, and with no debts, you can afford to keep adding more over time (dollar cost averaging!) this is the right way to do things!
i love these stories compared to those oh my life sorrows boo hoo because for some reason they don’t seem legit, like if someone really were to have hardships they wouldn’t want to tell the world about it they just feel guilt for lying
i thought that was a new version of my last car, a jag
slap a racing strip on that kia and no one will even know the difference ' congrats!
it’s your money. do you.
bitcoin helped pay my rent for the next two years and got me into college to study to computer science. this is what i use bitcoin for
good job my friend!!
that's badness what you just did.
you did not buy this with bitcoin. bitcoin helped you purchase this.
oh yea 100,000 10 yr. i'm resting easy with that
looks like you have a beautiful yard too!
oh wow, that is my mom's dream car, idk why she likes it so much)) congrats!
that's crazy awesome! i cannot imagine how happy you are now! good on you!
congrats amigo. i did a similar thing in 2017. sold some little before the top and bought a volvo. payed off my house. felt incredibly lucky i had things to show after watching many friends get blown up with alts. lesson to everyone, take a little for yourself and family when you can.
did you pay for it with bitcoin?
good job bro 👌
hey congrats 🎉i think it was chamath puplplaipubicmath bot land with btc. the million he used is worth more millions now. why did my font change? nvm
is that a toyota?
kia done came up
living the dream! congrats!
congrats man , all the right reasons.
bro kia is a terrible vehicle see if you can return it for a honda
smart. most people will lose in this ponzi scheme.
why would you get a kia?
i'm glad i have no responsibilities'm going to ball out & *take huge fucking profits*. glad everything worked for you op. also, why sell so low? just a question.
why not yield farm your bit coin to earn to pay for the car lease or loan ?
i'm more glad to hear that you paid off your debt more than anything else. this is how it is done folks!
congrats happy for you bro !!
op is my hero.
good idea - take some gains and indulge and hold rest for future
crypto is changing lives. very happy for u.
nice! kia definitely stepped up their game within the more recent years. good buy
it’s a beautiful machine, we hope you make plenty of great memories with it 🥳🥳
this is true success!! lambo ain’t shit if you have debts, and nothing in savings. congratulations!!
kia has come a long way.
first i think thats the first new car that is not a telluride lately. still a kia which has been awfully impressive last few years. good going, enjoy. hodl on.
unless you spent , that was not free car
i always worry that this will end up like the pizzas. "that car cost me several millions dollars"
good on you 👍
it's ten times better than a lambo, and it is all yours. this is the reason why it pays to have diamond hands. trust me when i say there is no way digital currencies like bitcoin are not going to be adopted. hodl my friend. very well done!
yuck you're stuck driving a kia though. i'd rather drive a beater and have a little dignity.
you get my love bro happy car day lol ✌🏽❤🙏🏽🦍🚀🌚
i hope you don’t get too much flack for cashing some out but paying off all debt has such a **huge** advantage that some underestimate. congratulations!
wow . thought this was a lamborghini at first , lol
congrats brother, hope to get there someday!
congrats. i sold some too near the top to pay all my debts. feels good.
great job my man! this post shows that hodl is gold
good luck on your future endeavors. hopefully happiness is yours. ♡ i'm on my way there.
how cost this car?
nice we just got one too. def a nice ride
so it was not purchased with btc, it was purchased with usd
congrats man! this is a prime example of how to hodl and spend profits correctly. very nice ride!
would make the argument that what you accomplished is worth 10x what a lambo is. it will come. congrats !
“bitcoin scalability problem”...you probably didn’t buy this car with bitcoin.
i usually hate on kias, but damn that kia is clean
elon will hate your success story
why do not people realise that not everything has to be an investment. let the man clear his debt and treat themselves to a new car. not everything is about making money
can 1btc change your life? me: definitely yes…but many are swinging in coins(crypto currency) the almighty hodlers. sometimes, i wish i had known cypto(btc) years ago, i had hodl, but we can’t move the hands of clock back but to allow it move forward and hope for bigger tomorrow. congratulations to your new car. please, can someone buy me my first car(with bitcoin)? 🙏🏻
for me this is proof where i can go... maybe not today... but you inspired hope. congratulations on your success, love your wheels!!
congratulations. good on you!!
honestly, that is better than a lambo. lambo is nothing but a toy.
bitcoins are not real it is actually a ponzi scheme and all your money ends up going to some guy called mike.
you did it right. take some profit on the way up.
those new sorrentos are sweet. enjoy.
i would of sold my family to buy a lambo
congratulations. well don’t. this is what we are all hoping to do on different levels.
good job, bud!! keep winning!
hope i’ll be able to write the very same post 10 years from now.
fuck yeah! nice dude!!
the car is beautiful! congratulations!
let’s go bro!! great job! bout to do the same thing but in a smaller amount but great job!
what a beautiful suv. kia is making some nice rides these days. glad to hear the paid it forward. congrats!!!
congrats! i cashed out completely at about the same price and obviously felt good since then.
well done mate. great to see
new cars are insanely safe. you mentioned a family — good investment in a modern ride. 👍
my opinion: much better that a lambo. :) much better value for $, more reliable, more practical. congrats.
: "i bought a car" - 15k upvotes. "el salvador adopts bitcoin standard" - 5k upvotes.
wish you had gone for a more proper car(read sedan) instead of suv. it is way fun to drive a civic than any suv, just my love of driving cars talking ;)
new car good car
congratulations. any advice and how did you reach this? how did you start? what do you suggest to start with?... thanks in advance
love hearing that! may you receive more blessings off hodling.
crypto giveaways and more over at r
well, at least you did not buy a fiat!
is this a new kia sportage? i don‘t know all kia models but this one looks nice.
responsibility is the best policy. great choice. great decision to not go all out because you can. i just started investing into crypto,it is worth hearing stories like this to make me not panic sell.
congrats. hope to buy mylsef one when i cash out all my crypto one day. for now, i keep holding
stories i love to hear
nice work, but why such a huge car? just hate the environment?
it's you that has to look at your new btc balance and have to be seen driving a kia!!! (wink)
ngl cars are probably the dumbest things to spend a ton of money on...if its decent and gets you from point a to point b why spend thousands on a ride that just looks nice...could find another car worth 15 i that looks almost as good
help me. apparently i have to wait for surgery but i feel like i am dying. help me please
good for you! but could everyone else please stop trading appreciating assets for depreciating ones.
prudent, do you use mobile app to purchase bitcoin and other crypto currencies? could you tell please what app? i'm planning to start buying bitcoin even for a small percentage. thank you
met a guy today that mines 6 of them a day with his own mining set up and keeps getting crazy investments from super rich companies , literally has like 5 lambos and the ex gf on a leash lol 🤣
bro no one cares that you’re a self proclaimed genius
invest amc buy lambo. not financial advice
what type of degenerate comes to posts like this to be negative towards the op? like, how miserable are you all? congrats, op. enjoy the new ride and living debt free!
buying a depreciating asset and selling an appreciating asset. yikes.
agreed. this is a good use of funds. enjoy!
trying to get my head around the 'you deserve it' phrase...why?... because the guy bought some bitcoin and got lucky?
lol he clearly didn’t hold
no lie, i thought this car was a new range rover at first, and was like “this dumbass is about to lose all his money.” but this is motivation for me too!! we don’t need mansions, just a roof over our heads and good people to spend time with underneath it.
what a wonderful dream and goal! these stories also encourage me too.
why an apartment you should buy a house
thanks. redesigned 2021 sorento top trim sx x-line. my first kia and coming from a german vw gti, but yeah this thing is slick. kia has come a long way for sure, and they have me won over
and this is probably way more reliable haha
at first glance that’s what i saw too
i thought that as well!
i thought it was that fancy midsize jag
i saw peugeot 3008 😎
have you seen the stinger?
same dude. i’d just lose the kia badge and no one would ever know [i’m not fine! i sell fucking kias! think about that!](
hired a couple germans i heard here and the korean car brands have been on the rise. hyundais look really nice and futuristic now
aye 707 in the house!!!
in a similar sort of way you should look at the hyundai genesis line and the hyundai equis.
kia did that with the [seltos]( looks strikingly similar to the [evoque](
originally thought the same, deep down somehow there is more respect since it was a kia.
for comparison here is [2002 kia sorento](
check out the telluride. my brother in law has a range rover and when i went to see the telluride it has similar interiors.
kia has stepped up their models big time over the past 10 years. i can’t imagine buying luxury when economy models can look like this
looks nothing like one at all
i thought the same thing - what model is it op?
for real though. i took my wife in to get her a telluride and ended also getting a stinger gt2. love both of them, and absolutely each would be at least 20k more if it was “name brand” kia has seriously upped their game.
kia does a great job aping the look of other luxury brands.
you could always debadge it. i thought it was a jeep at first.
poor mans land rover
i'm stuck with a vehicle that would be given to me if it ran and a van that is eating my wallet trying to fix an overheating issue, my friends asked why i do not get another vehicle and it is because i hate payments. i hate them so much, but i might have screwed myself trying to fix my dead dad's van for nostalgia reasons.
sold above 60k. hell yah he played it right.
i am too. and jealous
thanks. a lot of the reason i got this over the telluride was for the outdoors. more ground clearance, a center locking diff and those roof racks and a tad smaller for the skinny roads i go on both in the mountains and in the city going to work. it's no jeep wrangler but i'll be taking many forest service roads over the years in this thing getting out there.
because it is cheaper? lambo has cooler looks in my opinion
i will of course. more did it for a challenge to myself and cards fell in place and i walked away. those guys haha, just asking for it like a target. i would never.
i'm currently fixing the sun-backed top coat on my 2011 model sorento. 169k miles and i've only had to replace a battery, tires at 70k, two more at 130k, and brakes and calipers right now. most reliable car i've ever owned, and i've had a lot over the last 30 years. good choice. another good metric is low rate of theft and low numbers of accidents and associated deaths from accidents. imho, a great bang for your buck in a workhorse daily driver!
and i beat myself up not selling at 63 or 64 as i was up and watching it at those moments, but yeah now looking back yea i got lucky bc i'm not that good. i just dollar cost average and hold, i was looking charts but by all means i got lucky.
trust me i know, and i'll have no regrets. i'll laugh about it for sure and calculate it. if that comes true though and that is newsworthy, that means i'll also be rich from what i still hold. got a family now and they come first, and this car and clearing debt was for us.
at least op is using crypto like it was meant to be.
yeah we should hold bitcoin for the rest of eternity because it will go up great logic
no regrets, you can’t live in a bitcoin.
you wouldn’t believe how much i spent on a bag of weed.
he will not regret it if he buys back some coins before that price increase
those 1m will be inflation mostly, not much about regretting
wrong, it is worse, a depreciating liability 🤪. yea i know, do not care, more where that came from. also wiped out all debt and that and the car was for the fam really. my little boy needed a safe road trip vehicle and the road trip to go with so i'm working 4 days total this month and the rest of the time taking this new thing cross country with my boy and my wife.
i do not know about you but i love driving my cryptocurrency to pick up my kids at soccer practice!
😭yea it is going to suck, already done the math but whatever. is what it is, glad to be in the position at least.
better feeling than the car i'll tell you that much.
well between this amount that went towards the car and then more that went to pay my debts, and do this little project as well, i'll be having to cough up 7-9k. just make sure to liquidate your oldest holds first or at least greater than a year or you'll be paying your income tax bracket. things can always change with taxes in crypto too. i feel like government will only get more greedy potentially.
hell yeah, i live in georgia too. props to your work, i feel they shut down for two days for lack of semiconductors just a couple days after i purchased this. thanks though for you're hand in this, this thing is super nice and seems well built. of course the dealer tried to sell me on an extended warranty and i told him that he should stand by his product a little more, that i believe they make quality cars now and an extended warranty was not needed.
i actually don't think it looks bad but i think the logo that they have over in south korea looks better than both. may look at doing a badge replacement, we'll see, not a huge priority though
my wife is still overwhelmed by it. especially the little built-in turn signal thisplay thing. she is still instinctually looks right and i'm barely now just remembering to look at the camera first but it really is so functional and shows everything with no blind spot
multiple. ledgers for cold. coinbase, binance. also liquidated everything from robin hood where i had some minor amounts on and then realized i need to get the hell out of there before they pull another stunt. also had a tiny bit on paypal and cash app just for proof of concept. kind of tried out all that was available. my main and only method of buying now is through coinbase and then transferring to cold storage incrementally.
yep, no regrets. got plenty to hodl
i put a down payment of ,500 down and then took a ,089 car loan out which would have amounted to , but instead just paid the first month and then the this past month paid off the loan and full and i'm waiting on my title still to come in the mail.
had a timeline of my own in mind. my wife just got off for the summer and i wanted a new vehicle to take cross country. going on a road trip, with just sunday left to work and then we're outta dodge. i have plenty to capitalize on the rest of the bull cycle, and the next few after that.
i have more for that, but i still wouldn't buy a lambo. i'll take that alfa romeo giulia quadrifoglio and a base tesla model 3 combo because i'll need a tesla to go pick up the alfa romeo because it will be in the shop probably half the year. i love cars but never loved the lambos.
thanks, have an old username. i agree with you in general but with a 10yr 100,000 mi warranty that puts my mind at ease, but yes could get burned. just sharing, not saying it is the most financially logical decision, but i could afford to be stupid and indulge in a car. i'm a car sucker for sure
sorry you feel that way. i'm happy for op, great looking ride and super reliable vehicle to boot. can't put your wife and kids in your bitcoin to go buy groceries or take a cross country family trip, but this will sure work lol.
yeah, fuck us for being happy for some dude...
don't get me wrong, i'm holding, and have been bleeding over the last month, and i'm not worried. that was not a majority of my holdings. that said i'm diversified as well in crypto and other assets.not worried about musk though. i do not care what it is worth this year or next, but in 15 years.
you can never tell with that guy, he has bitcoin and laser eyes on his twitter profile again as of tonight.
yeah i did a rough calculation and have a cpa that charges a pretty penny, but she does my crypto taxes too. yeah i'll be coughing up a lot in this next tax season, but i'm offsetting a little with selling some capital losses here already and.
friend’s don’t let friends struggle while holding an investment that could better their lives right now, or harass them for doing so. friends congratulate friends on making responsible choices and encourage them to continue to invest in their future
why is clearing debt good to people? i get that people feel it is holding them back, but i look at a 2-5 percent interest loan as opportunity to build wealth. the goal is to have the most access to wealth building tools and use them to grow imo. if you can’t earn more than 2-5 percent with your assets, you got to put time into it and find out what you are doing wrong. i don’t mean this to sound harsh, my goal is to help people build wealth not live the way society would want you to live. if i ever had a house paid off, i would run and remortgage and invest in more. s&p 500 is 10 percent, stablecoins 9 percent, bitcoin 100 percent. good luck.
georgia haha, it is pretty peaceful and i guess pretty decent but i do not tend to give it much credit having lived here all my life. that said, about to take this ride out to wyoming and go climb some mountains and leave these foothills behind.
where i go they do not have electricity and they do not have charging stations. i'm a simple man that loves the woods and outdoors, just wouldn't work for me. not ruling out my next car being electric for a commuter car.
yeah, does not bother me but i wouldn't have put it on. of course the dealer put on that and a black pinstripe and the window tint and wanted to charge me for all of them. negotiated out of all of it though. i do like all the additions but i swear car dealerships charging all this money for these cheap accessories is so annoying.
no nothing still have to pay taxes. just another option. in my case i had not taking any profits since i had gotten into bitcoin and felt it was responsible to do so, and so chose to use bitcoin instead of cash. the dealership accepted bitcoin directly through coinbase and they also accept cash obviously. because i use different bitcoin wallets from different accounts i paid in a mix of both. inherently though the car was paid for in bitcoin in one way or the other
touche. it's never responsible to spend money on a new car yet i did because i'm a sucker for cars, but i buffer out my stupidity with good stock picks an investing in bitcoin despite people around me calling me crazy.
love it. feel like kia designed it for me. took it car camping already and my german shepherd approved of the third row seat and got quite comfortable. the pano sunroof is huge and my infant son never gets bored in the car just staring up at the trees as they hang above us. the self-driving assist tech is impressive as well with all the cameras and sensors. driving on a new level, bought my last car in 2016 and the tech has come so far. decently fast for an suv too with a turbo on board. i cannot stand a lifeless boring car and this is quite the opposite
and you'll see 55k again. read about bitcoin, learn about it and what it means and what it does and you'll realize that it is not going to zero and it is going way higher than 55. just be patient it's not a get rich quick scheme. once you see it you cannot unsee it and you would not question it is value.
well my cpa got paid 'm on the hook for about 7k to 9k roughly. there's a couple programs to use. not trying to evade, but not fun either. it is what it is.
true, without a doubt. not a cunt. a depreciating liability thats going to break down, require maintenance and replacing eventually. i'm a sucker for cars but play my cards right otherwise and make logical decisions so this is my one illogical move i allow myself to make and buy new cars every so often.
,500 something in usd out the door. couldn't tell you in sats exactly. made the purchase on 4's check. the dealer did have the option of sending straight through coinbase however i had my assets scattered and not the full amount was on coinbase that i needed.
i do not, never did and i'm a car enthusiast. many other fish in the sea
exotic cars hold their value over time. aside from the status symbol, that’s why the ultra wealthy buy them. same thing with art.
because i have more basically and am comfortable with what i'm holding. at the same time the past year has been just a little bit rough as you can imagine considering i'm an icu nurse and my wife is a teacher. we. was looking for a good family & road trip car and we're about to hit the road for about the next month or two and take our young son around to see the country.
craig would make them looks like whitebelts
i'm not a trader and i got lucky. 61,453.14 on april 18th. i was looking at charts but i'm not that good and i just basically compile other peoples analysis and look at common trends and pay attention to the news but i'd say in hindsight looking at how i pulled this off i have to admit that most of it was probably just getting lucky. probably could not pull that off again if i tried and not planning on trying just holding from here on out
pay them lol. have a program to help me with it and have a cpa that did a great job last year with my crypto. overall though looking at 7 to 9 k roughly in dues this next tax season for this move
i never thought that at all. bitcoin is future gold.
yea i'm looking at about a 7 to 9 k bill on that. sucks but whatever,
oops, never mind, it is only a kia. that's a sick kia!
capital gains and sales tax? ( or ad valorem tax actually, no sales tax on cars here) there is no way to avoid that. even if i kept it in crypto and transferred it right through coinbase which i could have you still are responsible with calculating your capital gains. nature of the beast
yeah dealer put it on. looks that bad you think? i wouldn't have added it and i insisted i was not paying for it and negotiated out of it, but it is put in with screws so if i remove it there will be a few screw holes across my hood. some bs but i thought it looked okay.
got me a wifey and an infant. thanks for the offer though lol
i'm an icu nurse by the day. i bring in plenty of hard earned money, especially this year with some extra covid hazard pay as well. just did not spend it here. i agree with you though.
i do not day trade crypto or anything else. all this i accumulated in 2018-2020 and then finally took a little profits
haha, it's not one that is under recall for that.
new 2021 kia sorento sx prestige x-line, purchased with bitcoin.
not with my 10-year 100,000 mi. warranty. i'm also coming from a volkswagen where i'm used to much heavier repair and maintenance costs, and had to put in premium fuel into the vw too. that said i do have a nest egg for maintenance and repairs
i know haha, already thought about it but if that happens that also means that my remaining assets will make me a multimillionaire so i'm good with that and can be humble.
i do not like flash, and i do not like luxury brands. i've always said the most i'll ever get into a luxury brand is audi. refuse to be a douchebag driving a bmw or something similar. just not needed for me and not who i am.
the redesigned sorento. telluride was too big for my liking. this also is a little more off-road (softroad) capable with some ground clearance, and a center locking diff. also has a turbo and some pickup and agility, which coming from a vw gti i needed for my soul. didn't want to drive a boat. i think to tellurides are nice just not for me. they're also going all above msrp which i would never pay a dealer above anyways i think it is just a huge rip off. to telluride market needs to calm down and check themselves a little bit. it's good but it is not that good
the burbs of atlanta georgia
wasn't my choice actually. the dealer put it on as soon as they got it from the factory. i refused to pay for it, and they removed the cost to sell the car. put in with some screws though that would be holes in the hood so it could look kind of weird coming off. didn't know about the paint issue though maybe i'll put some good wax coating right there or something while i think about it.
i did take a financing but instead of 1.99 which i did have a quote for i took a 2.25 to get a ,089. paid one month and then paid off the loan this past month with other crypto and mix of stock sales. i believe you're right and it will outpace it in the long run but in the short term everything is questionable and i have plenty more crypto assets to appreciate that i'm holding. i just really wanted to clear out debt and did not want to have that car payment for once. i just did not want to play that game and have to think about it and make decisions anymore for it now i can just not even pay attention to bitcoin i'm the last my stuff grow over the next decade
i hope i do not have the same experience but i do i believe they are stepping up their game these recent years. i could be wrong but with my 10 year 100,000 mile warranty that gives me a little peace of mind. i've never kept the car more than 4 years anyway so not sure if i'll even keep this that long but that should cover anything major at least. cars are liabilities after all i expect nothing but maintenance, repairs and depreciation.
nope, i go off grid way too far where electric charging stations do not exist. i do think my next car since i do not have a payment right now i could go get her electric car in another year or two and use as commuter and may do that. i needed something also a little off-road. that rivian truck looks nice though that's in development. this may in fact be my last gasoline engine vehicle
i'm paying my dues lol
function over style really and beauty in the eye of the beholder. i think it looks sharp. outgoing sorento model was an ugly thing on the other hand
. read " the age of cryptocurrency" by paul vigna and you'll understand. this was a small percentage of my contributions that i put to my retirement. i put more into conventional markets but starting putting just a little bit into this and that little bit grew into a lot and outpaced everything else i had.
dude i'm with you. i'm still holding probably 4. i lost 14k in an hour a couple weeks ago. i'm just holding the rest long-term though i'm really not worried about the day-to-day price action. got lucky pulling out when i did on this portion, i was looking at charts but i'm not that good.
new sorento. new sportage teaser images i saw last week though. looks promising just as this redesign is
oh this past year has been rough for me in many was. tis life, i've suffered and so have you i see, but this was a nice positive out of all the ups and downs we go through. keep your head up, "if you're going through hell, keep going" -churchill
arguably better reason than mine. touche sir.
could have, they did accept bitcoin directly through coinbase wallet to wallet. have a section in their financing tab on their website about accepting it. didn't choose to go that route as my assets were scattered and not mainly on coinbase and i did not want to incur multiple transaction fees going back on to the exchange from my wallet (s)
laziness and did not want to deal with it. want to just live without dealing or looking at bitcoin or wondering about it and it is day to day or year to year price action. just holding for a decade and did not want to make a complicated. came out with a win and doing all right otherwise. trying to keep it simple
-in. not saying it is free literally but i pulled out all my original investment and have nothing but profits now remaining in bitcoin and it definitely was very little expense i'll say that. not sure the total cost, because a dollar cost averaged in and it would be a lot of calculations. i would estimate somewhere between 3500 - at most 8,000ish cost to me of what i actually put in then
hopefully that is the case. this is a if this then that kind of scenario where if that happens then that means i will also have holdings that i kept that will in turn make me at that point a multimillionaire so it is all good. no regrets, but i might have to do an interview or two on my million-dollar kia.
i'm a humble person and i do not care about names and brands. feel free to make fun of me if you see me on the road, you wont hurt my feelings. it looks good to me, feels good, drives good, comfortable. don't mind supporting a south korean company and the factory for assembling these is here in my state so supports a little local economy as well.
thanks. oh it is come a little bit here and there and people are entitled to their opinions and it does not bother me. i can stand on my own two feet and say i felt i did what's right for me. plenty more i'm holding for the long term
didn't feel like juggling it and have much more where this came from that just made it simple and yeah took a loss to make it simple but just did not want to think about it. i did have an offer for 1.99% but ended up taking a 2.25% to take advantage of a ,089 which i've paid one month on and then this past month paid the rest of the loan off with some stock market capital losses and some other crypto sales. to each their own i'm not saying that is not maybe the more financially responsible decision but i just did not feel like making it complicated anymore. it's nice not to think about bitcoin and it is price and whatever elon musk decides to throw one day or another.
no decided to go back through withdrawing from a couple different wallets into my bank account and then writing a cashier's check. the dealer did have the ability to receive coinbase while it is wallet transaction but since i did not have enough and all my assets on coinbase i would have had to incur fees to get back onto the exchange first and then transfer to the dealer which would have cost more overall and had no tax benefit i still would have had to pay capital gains even if i did not move out of bitcoin after reading through the tax code
needed a third row suv for my german shepherd and my infant son, wife, and hopefully another child here in the next year, wish me luck. also wanted something on the smaller end of three row suvs because i commute to the city deal with parallel parking and parking garages and tight little surface streets. looked at all the competition and like the features this had and seem to get a pretty good bang for your buck and with the warranty factoring out whatever past issues kia has had with reliability i figured i'd take a chance with it. watched about every review and read about every article there was released on this and many other full size suvs. i think it has some great competitors though and depending on your lifestyle could be a better choice for other people based on circumstances. this is just what matched with me i felt
admittingly did convert through fiat, not because i could not pay without conversion though. the dealer had a coin base account where we could have done a wallet to wallet transaction but not all of my crypto was on coinbase and i would have just incurred further fees sending it back to the exchange and then onward to the dealer so did not really make sense. i wouldn't ever say that bitcoin was meant to be a transactional currency at least in its current state. i view it as more as digital gold and better used for foreign transactions across borders, but can be used obviously in this situation and others as a transactional. we'll see how it shakes out but i find extreme arguments on both ends and lie somewhere in the middle. i believe in bitcoin but it does have its limitations.
well i guess i'm driving a ponzi scheme then and i'll take it.
it was only the thing to do with this much of a lucky win, had to throw a bone to a couple people that need to pick me up after one hell of a year.
i hear ya, i've had two vw gtis right prior to this, and last one and a tune on it. unfortunately i had to grow up a little bit and accommodate my growing family and required an suv unless we wanted to take two cars everywhere. now that this is checked off though and i do not have a payment i'll probably get myself a daily driver here in the next few years and yeah get a sports sedan or a hatchback again or something. looking at audi rs3 versus golf r versus maybe an ev depending on what's out there when i'm looking to buy
the new sorento. redesigned sportage just came out though and looks nice as well. kia killing it with all their redesigns
ha, add my german shepherd k9, my son in a car seat, my wife, hopefully another little boy or girl here in the next year to take up the other second row seat and there we got a full vehicle. room for my kayaks on the top and my inflatable paddle board in the back. trust me i drove a little vw gti for my past two vehicles actually. i did not want this big of a vehicle but when you have a family things dictate otherwise.
here we go...one more dummy. well dummy, electric is your go to? wonder how any tons of coal it takes me to dump so you can charge your ev? have yall eco shits figured how to recycle the batteries? not components, the batteries? oh. you're still burying them? and burying windmills because you cannot recycle them either? you're a shit stain on this world. can't be happy for anyone else unless they do, buy, say what your wokeness wants.
i know it is a doozy. did a rough calculation, and yeah i'm prepared next tax season. it is what it is though, selling off some capital losses before eoy to offset some too
you are totally right, but i'm a sucker for cars. they are depreciating liabilities, and most everything else i purchase with my money follows logic and this one does not, but i love a good car. driving a vw gti alongside this, car and driver's best 10 of the last 7 years and running. i appreciate a well built machine. i cannot stand a soulless boring vehicle, but that is me.
i mean theres more to a car than just looks as well - not that i'm totally thisagreeing with you either, lots of people out there spend idiotic money on entry levels bmws and mercs just so they can flex lol
depreciating liabilities good sir, this car is nothing but that and i'm the first to admit that. i got some other things going on now and could afford to be stupid a little bit.
coinbase and binance. slow and steady dollar cost average. i did not pull this off by making some crazy leverage trade. i bought incrementally, religiously and frequently and whatever i could say was money i could afford to lose. my previous hobby money became bitcoin. i still contributed to my 401k. if you do not have that or savings, then you should not buy crypto yet. be responsible first . i'm in my 30s and have job security beyond your imagination as a fallback.
i'm no genius, it was dumb luck with a little thought put into it. i'm just excited and sharing my new car, have not you done that before. that's all this is. i do not expect everyone or anyone to care by any means
they'll always be haters. i hope my cup runneth over to all of them and wish good fortune to all. anyone in crypto now has the same chance to do what i did.
not the op, but everyone should consider having a solid personal finance plan first. you should not simply have your life depend on btc or any single asset. if btc crashes i am still putting in max 401k and ira funds every year, and quick math shows that at 40 years of growth that should come out to a median . so yes, i think i'm financially going to be fine even if btc goes to . i treat btc as something completely on the side, and if it allows me to retire early, great. if not, i've already planned to work til 65.
's basement. you're supposed to say congratulations you salty douche
> fiat stablecoins "stable"coins?
why are you the way that you are?
do you think people investing in crypto don’t have jobs? 🤨
lol, dude just chill. why invest if you do not enjoy profits once in a while?
my pizza got downvoted, but this shit gets likes. fuck you
don't even bother. most on here would not get it.
you got downvoted but you aren’t wrong. financially it would have been best to take out enough for a reasonable down payment for a car loan. the interest he would have to pay on the car loan would likely be less than what he’d earn on the bitcoin. still, good for him for doing something nice for his family.
yeah, because he made it through the dips and came out better than most. if that is not what you want, then what are you here for? just trolling?
he’s holding for another decade. clearly he’s still holding some. reading is hard.
i thought the same too! i feel like kia knew what they were doing
something i have observed from investors involved in the crypto space and have been for some while, their irl lives are frugal and responsible. something i have learned is to take profits but do not loose the long-term outlook for your life hodl can be an exceptional plan in any arena of finance.
what is wrong with range rovers ? i’m confused 😂
you know why? i heard kia hired some german car designers! releasing reliable cars with european looks!!!
new kias and some hyundai models look great. the telluride is probably my favorite. i just wish kia would change their badge to the one they use in korea!
looks amazing! gotta say i myself have been watching a lot of car videos... even tho i wanna hodl forever, or buy another asset that goes up in value like a home... its hard to resist those amazing cars. ive been looking at the volkswagen golf gti autobahn trim... need to hodl tho.
yes same, i cannot get my eyes off this same model. forget about benz, i am moving to kia for my next upgrade.
kia makes superb cars for a low price. they got the german chef designer from audi a couple of years ago and after that i really dig their models. good shot my dude
what was your btc buy in price?
plus a 10 year, 100k mile warranty... you just cannot beat that shit. they stand behind their product.
nice! and congrats. kia is a great car. we bought a telluride a couple years ago. we love it.
sorento is a really good ride. nice interiors and tough as nails chassis too
my vw gti's engine blew-up 2 weeks after getting into my first house. 8000. my gf and i traded in my gti and her civic and we got a used cr-v 2015 since jan 2019. couldn't be any happier. car is the worst thing you can own in term of depreciating asset. saving money now and stakin sats. love your car, you can be proud!
is this a kia ad?
off topic question, what is the black "spoiler" on the front? i see it very often recently in vans and suvs, but no idea what is actually for
just bought an electric hyundai, super happy with it…even though my other car is a bmw it somehow doesn’t feel like a step down at all.
buying a brand new car? i see you’d like to experience exponential decline in assets.
we bought this same one in the forest green a few months ago! (just not for cash lol) great car, the turbo is good enough to make me not miss my old wrx. super comfortable and quiet. hope you enjoy it, congrats!
got the exact same ride down to the color. air conditioned seats for the win.
just did the myself but in charcoal grey. i would recommend kia to anyone especially the sorrento
i’ve been buying kia only since 2012. it’s easily the best value for money brand, and somehow each year they get better.
they hired german engineers about 12 years ago. in germany we also drive now kia and hyundai...great cars
range rovers cost so much money to maintain. kia was an excellent choice
range rovers are for wankers
not really... kia is pretty well known for having motors go, particularly lately.
until you realize that kia motors is owned by hyundai and uses the same parts in their cars as hyundai, including their incredibly poor ability to manufacture a reliable engine that doesn’t fail catastrophically within the first 100k miles granted hyundai and kim both back their power train with a 10year 100k miles warranty for original owners… but still
yea the stinger is dope 🐝
those must be some bald ass tires
enola lgbt, you troglodyte.
i got down voted, people must have thought i was mocking you but i was genuinely congratulating you for selling at the top. perfect timing.
you should not have regrets. you're using it as it was intended. you also cannot live of nothing waiting for future riches. you still have a now to live in. so yeah, enjoy the car.
100%. congrats to you and your family.
dude, do not sweat it. you've happily found a moon end are living a better, less stressful life for it. i myself did the same last year to buy my dream car (alfa romeo giulia quadrifoglio for 8 btc), and have no regrets. on a side note, we just traded in my wife's 2019 kia stinger for a 2021 kia stinger, and before those she had a kia soul. the koreans have been killing it with the cars they have been making lately. nice to see them getting the recognition they deserve. enjoy it! you've earned it.
you made the best decision imo. get your debt and other responsibilities taken care of first and then you can become rich completely stress free by not even worrying about bitcoin for the next decade! don’t even need to look at it. one could argue peace of mind is also worth a million dollars. i would do the same and never look back.
please dont fall into debt again. you did good and that car looks nice, didnt even know it was a kia until i saw the logo. maybe remove the logo lol
i would've done the same thing probably a long time ago. the whole point is to make money, congrats.
you cannot live in a bitcoin yet, technology is improving everyday.
yeah, but that warrenty tho...
i wouldnt have any problem with short term capital gains cause all my crypto was bought 3 years ago. im just afraid to cash out then “boom” big tax. i wish they can say how much tax you’ll owe on how much you gonna sell
fair enough. to each their own. for the first few months i didn’t even know that logo was supposed to be kia. i thought it was kn, a new big money surfer. at least that’s what i immediately thought when i saw the logo. and constantly have to remind myself it’s kia…lol but yeah, the korean kia logo is amazing. they should’ve just made that their worldwide one
those took a minute to get used to, i haven’t broke the habit of trusting the cameras fully. i really like the 360 birdseye camera for parking. with the lane assist and adaptive cruise it basically drives itself
thanks, new to this and not sure what cold storage means. i will google it. btw, isnot the coinbase too expensive in terms of fees? i see there are two versions coinbase and coinbase pro not sure which one is better? a friend of mine thiscouraged me from using binance and told me they screw my taxes and told me it is not good for us... any thoughts on that?
pretty much what i do but with a trezor. congratulations as well!
yeah i’m just messin with you. awesome man
it’s about different risk tolerances. debt is a risk. you in theory could really make out well investing a loan, the math works. math doesn’t take risk into account, you could also lose a job, the market dumps, insert any crazy unknown scenario, etc. so, for many people taking that risk off the table and clearing debt, even with a potential reward to invest or spend instead, gives them so much peace. when you have kids, your risk tolerance usually goes down. it’s like oh shit, it’s not just my life i could f up now, lol.
we all like to splurge sometimes :) enjoy it brotha!
right, i had thought of buying this when i took my profits. i got something else instead as this one did not have full sunroof. but this is far better in tech and feels. great choice
you're not wrong, and it is nice that you have no sales tax on cars, that is amazing. i retract my statement, i seriously thought i was looking at an amg or something of the like. nice trade, nice whip!
i was exaggerating a bit lol, it does not look that bad. it just bothers me a lot for some reason, no matter the car. looks gorgeous tho! black on white is a sweet color scheme
yeah its under warranty, youll still have headaches non stop taking it into the dealership semimonthly. good luck though
looks nice. kia has come a long way.
i see. well, in that case, assuming you do not want to fill those holes with body filler, sand them and paint them, wax should do, but ceramic coating would probably do a better job. cheers!
maybe on day you can buy a weekend car 😎 something fast
np mate. good luck to you. your money. congrats. a nice way to treat yourself for your investment 👍🏽👏
so then what’s the point of your post?
idk to be honest just said it for no reason 😁
i’m sure they’d never ask but appreciate it nonetheless. good for you!
looks absolutely great. you made a good decision!
a combi (hope they are called this way in english, like a vw passat variant or anything like this) has the same space but less metal to carry around. understund your point, if you only use it for family trips where you really need the space and get groceries by bike or foot its not that bad, at least it is not a race car...
here we go... a polite person on reddit who does not insult people he thisagrees with. do i know you from somewhere? you make a lot of assumptions about me as a person little one... or do you just like to envision people who do not fit into your worldview as some kind of bogeyman who are all evil and all the same? and no i do not prefer evs i prefer spending money on things that do not destroy the world as we know it. (that's not cars ;) people who just wanna profit and buy big cars do not really get the spirit behind bitcoin, and in my honest opinion they should go back to classic investment and keep on destroying the world and humans. og bitcoinsers do not wanna be like big corporate entries controlling everything and destroying everything, they wanna stop this. but sure, since it got mainstream the assholes who only think of their self are here once again. for the post: i was mostly referring to the sheer size of this beast. not wether it is an ev or not, they are both shity for the environment. don't know why you throw windmills into the thiscussion, but i think people who talk about facts and not dogmas would agree, that they are less and for the environment than a coal power plant e.g. i leave it to the dear reader of these comment string to decide who is trying to force his world view on people and is the shit stain of this world ^^
hey if your happy with the purchase and got everything else you need good for you though! i'm really just saying this for people who want to buy a lambo or some shit with their future crypto earnings...😂i mean hell if i had the money i'd want a nice car i'd be happy with as well...i just think 60k is a lot but that is just me cuz i dont got that much money where i feel like i would spend 60k on a car
this what i'm saying 😂this guy looks like he has his life together but for people who would spend all of there crypto earnings on a car just to look cool i think would be pretty dumb...like get urself something nice and save the rest or invest in something else like property or start a business
nice, use it in good health m. can’t take it with you.
much appreciated prudent. thank you
i understand and yes i’ve shared moments like yours with family and friends and now realize even that’s not beneficial but to me there’s really no point to share these things on the internet. just enjoy your life and be careful when showing off is all i’m saying.
lets hope you waiting till 65 does not happen and you make retirement money in the next few weeks ✌🏽❤🙏🏽🦍🚀🌚
really? i've given up on the stock market and solely put all my money into crypto. i'm tired of losing hundreds and thousands of dollars. i've even put my funds into a bunch of mutual bonds. still kept losing. i've just given up on the stock market since covid happened.
yeah, these people on r't understand a more verbose definition of what selling bitcoin to realize profits means.
not trolling just intrigued by the idea someone buying something risky deserves the results, it is not like they worked hard for it or it put themselves at risk, assuming they did not gamble everything they had as that would be stupid, and lucky not deserving
you’re correct. they did it by pirating the designer of audi, bentley, and lamborghini to take the helm as their lead designer in 2018 (hyundai and kia). and the person he succeeded was also the former lead designer at audi and vw group _(who left his design lead position to become one of the presidents of kia)_.
well they sure as hell did not know what they were doing when they designed the rain sensing wipers in my stinger. bloody things are useless lol "oh its a monsoon outside? here have one curtesy wipe and fuck off human!. wait was that one drop of water!! wipers on hyper speed!"
some are frugal and responsible. there's a lot of "get rich quick" folks on the subs these days. regardless of crypto, i think it is your priority to get your basic finances in order. you need a solid income. you should be saving for basic life needs like car, home, kids, retirement. crypto should be the cherry on top. if you get rich, great, but if you are betting purely crypto for your future that is not good. while many have gotten lucky here, that mentality has resulted in a lot of people going broke over other investments.
he was one of the main audi designers. now he is one of the top dogs at kia.
my 2017 tucson's engine just failed hard. these cars are not reliable.
i got a 2020 cerato sport hatch last year to replace my 2004 rio. it's a pretty decent car. the design has come a long way in that time.
they have a new logo now. it’s rolling out in the us on their newest models.
their top tier genesis brethren are pretty sweet, too.
can confirm. own a 2021 telluride sx prestige and it is a fantastic suv. money well spent.
depending on your local laws, it is fairly simple to change a cars badges to something more stylish. several businesses make them, or you could even buy an oem badge from another country
i owned a kia and i loved her. i recently rented a car and it was a brand new hyundai- i loved it ! just got a used older toyota and apparently you lose ability to parallel park when you get old with no backup camera 😂
ebay has plenty of badges like the euro k
agreed! the telluride looks sweet. i also think the hyundai palisade looks pretty cool as well.
if you have not ever owned vw gti i would highly recommend it. i had a 2012 autobahn and then just had to part ways with it my 2016 se with performance package and a apr tune on it. that thing was just one well-oiled machine, and a driver's car. i could just hug every curve and handled like a dream. the sorento is not that but it has a turbo and a little agility and pick up. it was a good meet in the middle to not have to sell my soul and drive a boat of a vehicle like the telluride. things nice and everything but just too big of a vehicle for me especially coming from a hatch
i have an '18 gti autobahn. fantastic car. sporty, luxury features, comfy, really checks a lot of boxes. was also quite spacious for road trips with my gf...until we got a dog. we have a roof rack, but i'm also thinking about a bigger vehicle so we do not have to futz with the cargo box
rust interior is a must. check it out online in other pictures. drove to the next state to get that interior. black just does not do it
4306 was first i have on record. bought biweekly dollar cost averaged. kept a little on the side for dips. also converted into some other crypto and back to bitcoin at times, gained some, lost some learn some,... then stopped converting and just holding now
why do you ask u
ha weird, what year was your gti. i had a 2016 se performance pack and did the same thing. just started misfiring at startup at a parking lot. turned it off got it to the dealer and after a good attempt of a takedown and diagnosing, they could not do a rebuild even due to the damage. thankfully under warranty but vw had to eat the cost of around ,000 of parts and repair. ended up shipping in a brand new engine from overseas that took three weeks to arrive and install. i just had to pay , so dodged a bullet but yeah i'm used to headaches on cars and much larger operating expense costs and repairs cost with vw. i'm hoping this better kia warranty and rising reputation will give me a better experience but i'm prepared for the worst but i doubt it could top the gti. had a 2012 gti before that, and it had a chair problems but when you like what you like sometimes you compromise and deal with it because when that thing did run it ran so smooth and was such a good car both of them... minus the repairs of course
it's a bug deflector. the dealer put it on when they got the car from the factory. i wouldn't have wanted it installed, but at the same time it is not worth the trouble of taking it off because i do not think it looks terrible but i negotiated out of paying for it because i told him it was some bs to charge this much markup for some bs accessories i could get for a quarter of the price outside of the car sale. they made it right to me the sale
nice the ioniq 5? or their other ioniq they came out with i think last year or something that was the first one. either way nice choice. my next will probably be electric to fill in the gap for a more commuter car. this i needed to do everything including go a little off-road and off-grid until a little bit so electric really was not an option with the current ev selection at least. hyundai
much more crypto where this came from and yeah i'm a sucker for cars always have been. this is my 5th new vehicle i've purchased in my life and i'm in my early thirties. own my home and have no debt, so despite my weakness for cars i think i've done all right. have a decent savings in a retirement ( outside of crypto) and in savings too so i splurge on vehicles every 4-5 years. it'll depreciate required tons of maintenance and repairs and i'll sell it for a fraction of what i paid, combined with appreciating bitcoin between now and the time that i sell yeah it makes no logical sense but i'm not trying to. is everything pans out in that same way then i'll be a multimillionaire with the rest of my assets and retiring early anyways.
nice. that was my first color choice actually but my timeline on purchasing was about 60-75 days and just could not for the life of me find a green one with the rust interior. the only one i did find was way above msrp, or had the black interior so it just did not work out in the end. i basically settled for the white but i still think it looks pretty good. i hear you i came from a vw gti and that is a lot of the reason i bought this instead of the telluride because i wanted the turbo and that 311 torque to at least bridge the gap going from a hatchback to a large suv and i just did not want to drive a boat. handles pretty nice though for what it is and i kind of enjoy the turbo lag. way more lag than my gti but it makes it give the impression of being a little quicker and it is not unmanageable & still kicks in soon enough. that wrx though, love those things too and gotten a bad wreck with one as a passenger and the thing saved my life. fun car, glad to hear someone knows cars and knows what to appreciate.
my sweaty ass has been missing out for the last couple decades. heated seats are nice but cooled seats are a godsend agreed.
i mean it’s a brand new car, there shouldn’t be any maintenance costs anyways...
and half the time they’re on finance so the wankers don’t actually even own them edit, for anyone saying it’s not called finance i’m in the uk and the word finance is usually used whenever you’re making payments for a car whatever the arrangement of that… if it’s on finance you do not own the car, debt collectors are not able to take it because of this if you owe money.
i had one and i am a wanker lol 😂
we should be rockstars but we are like a bunch of wankers
eh they are having issues with the 2.4 but they are also extending the warranty coverage on it and still replacing for many people who are over the warranty extension.
kia had 7 years warranty where i am at. i did not find any other car that had such a great value for money. definitely none of them had warranty that long.
insurance, too. my italian is over . lambos have at least 570, lol.
bro just said he paid off all his debt & no payments for this car. do the math and try to be happy for someone lol jesus christ
what’s wrong with kia?
you can definitely know this ahead of time. first i'm not an accountant. second, if you're holding for 3 years then your assets will be in the long term capital gains brackets. third, there are currently three long term capital gains brackets depending on your annual income and filing status. they are 0%, 15%, and 20%, and for the single status the ranges are -40k, -446k, and -infinitek. fourth, the irs recommends picking one of two approaches for determining your cost basis and sticking with it throughout the life of the assets. fifo (first in first out) or filo (first in last out). if you bought 3 btc, one at , , , and sell two at , you would have to decide if you are selling the 20 and 30 ones (i.e. first in first out) or the 30 and 40 ones (first in last out). then your cost basis would be , and your gains would be - (). so depending on the cost basis strat you would either pay capital gains on (ignoring that the prices have not been over ). afaik fifo is a more common choice of strat. so for fifo, your final 1 btc would have a cost basis of . i believe this is because the thought is that taxes will usually go up, so you take out your biggest gainers earlier. your decisions may need to change if you are intentionally adjusting your income brackets to optimize your selling of assets, i.e. quit your job on new years eve, sell up to the 0% capital gains brackets limit. and you should absolutely talk to an accountant and do your own reading. there's not that much additional reading to have a much better understanding of the us tax system. keep good records of your cost basis. cheers
yeah all very impressive and yeah did not know when i was buying it it was that capable with the self-driving assist stuff. pretty stout, but then again i'm not going to pull a tesla and keep my hand off the wheel and go to sleep and run into the back of a semi either
type in ledger nano x. only buy from their website do not buy third party or you'll get scammed. haven't held my binance account through fiscal year so honestly could not say and i only have a few hundred dollars on there and just used it to get an altcoin that was not on coinbase. i do find that many of my friends and colleagues try to dodge taxes and not report and some of the exchanges have the obligation and do report to the irs which then in turn "screws" the user in their opinion. i find this is playing with fire trying to dodge taxes and i'm not trying to play that game. your friend may be referring to that. i just use coinbase regular version. fees are not bad in my opinion but i do try to strategically find out where these increase.
nice how you like it? i need another ledger or trezor here for my wife, she just has everything on exchanges still
yeah we just have the ad valorem tax. comes out to about the same damages sales tax roughly but you get a little kickback on the new purchase of a vehicle come tax season. yeah this thing looking sharp, kia has really won me over
trust me i cannot stand when they had these stupid accessories before you get there. they added the pinstripe too and the tinted windows. once again wouldn't have paid for but whatever not worth removing.
golf r or and ev most likely as yea a weekender and or daily driver. just sold a vw gti and loved it. who knows though, so much coming out the next couple years . probably get a fast hatch or a wagon though, i got a german shepherd that take with me everywhere and even a daily driver i would like to be able to put him in the car or else i'd look at some sedans.
that price was hard to find by the way. it was my fourth dealer and out of state that finally gave me that deal. in state i was looking at 52, 51 and 49 for the same vehicle
to share that i set out with a goal a little over a year ago and had the intentions to both take profits responsibly and to hold for the long run separately and then for proof of concept sake and because i was long overdue to take profits wanted to use a minor state of my holdings to go towards a car purchase clear my debt and basically press the reset button and get a fresh start and show that it could be done and share that with the community. i'm also impressed with kia and wanted to give them recognition. if you do not find value in the post or whenever that is all up to you, no problem with me
no, i get you though. people are idiots and severely irresponsible. i do have the insight to know what i'm doing is not the right thing in most cases. btw it was 48k, it is a kia after all lol, got some bang for it is buck or should i say sats
yeah for sure, totally agree with you on that - op has his shit sorted
i hope so too, but i think it is always good to plan for contingencies. i see too many people dumping everything and going all in. you might get lucky with bitcoin or some other coin but for every get rich story, how many broke people are there for getting into other get rich quick schemes? that's why i think it is important to have a strong financial foundation--not that you're already rich, but have a solid plan for your life first. even if i forget crypto, if i just continue my current working life trajectory, 65 should not even be needed, but i think it is always good to have that mindset. if your company turns into an enron or you have a 2008 or 1929 wipe-out, you can never 100% protect against those. i think it is actually more dangerous to be overconfident and then when you faceplant in reality, it will hurt more--think about the depression. truth be told, i'm already set with crypto, and i have to actually calm myself down and stop worrying about checking my portfolios. i do not want it to affect how i'm living my daily life and the things i still am working hard for.
how do you lose money from the stock market except making bad picks? the last year has been a massive run-up and heck the past 11 years have been a bull market. again, i think you're looking at this too much like a get rich quick scheme. dcaing into etfs for the long term is about growing your money long term, not some sudden spike in wealth. but even then there is opportunities to get really rich in a short period of time (e.g. amc, gme, tsla, etc.)
did you read his post? it’s a family car… so that he can transport his family in a nice, new, safe and reliable kia suv. he’s not showcasing some lavish lambo that he bought on a whim. he got himself out of debt and bought his family a good, modest ride. an extremely responsible expenditure by any measure. sometimes your opinions aren’t appropriate or necessary when they purposely rain on someone else’s parade like that.
what are you trying to say here? you have two vehicles? reddit is for opinions, but i do not get why you had to tell this dude he is failing because he used btc to buy a vehicle his family needed. you understand all asset vs. liability???? what a ramble
>just intrigued by the idea someone buying something risky deserves the results >it is not like they worked hard for it or it put themselves at risk is it risky or is it not?
it takes thiscipline and a lot research to understand why you are not selling despite significant dips where many sold off. this person stuck to their beliefs, was correct and the thiscipline paid off. i think that is what is being applauded. it is not always just blind gambling, especially if they were truly able to achieve those gains. there’s a lot of luck but also technical skills needed to win the game of crypto and investing in general.
“it’s not like they worked hard for it or it put themselves at risk” so your’e just assuming? do you know this individual? do you think maybe the investment he made came from working hard? is there no risk in investing in cryptocurrency? i really hope you’re under the age of 18 because those are some very embarrassing statements you just made. the best part is how many times you contradicted yourself. “just intrigued by the idea someone buying something risky” “it’s not like they worked hard for it or it put themselves at risk” how does one accomplish such idiocy?
did they design the stinger? i always thought it kind of had some audi like lines.
they got the designer from audi in 2006. he was responsible for the new looks on the last gen designs.
damn, as an audi owner i did not know this. til.
his first project was the 2018 elantra sport. you can see the audi influence.
>my 2017 tucson's engine just failed hard. these cars are not reliable. doesn't hyundai have a 10 year, plus 5 year?
that's a whole different brand mate
+1 i also had a vw gti w(ofc); was a *very* fun car to drive, with a surprising amount of get-up-and-go.
just a clarification. by biweekly did you mean twice a week, or every other week? i'm assuming the latter is correct?
never thought of that! i thought it could be some kind of aerodynamic stuff... thanks for replying and enjoy the car, looks really good!
just the 2020-21 ioniq :) i couldn’t wait for the ev6!!!
that applies to most people in new cars these days.
what’s wrong with leasing?
i think you mean lease. you do own it if you finance but you also have a loan to pay. range rovers are heavily leased because (1) they’re luxury cars and most people who want a luxury car want to upgrade every few years; and (2) they have terrible reliability after a few years so you don’t want to keep one long anyway.
giulia qv? you sir have good taste. from an owner of a q4 ;)
dude i'm not hating, a lot of people fall back into debt after getting out. i'm just saying be careful
nothing. they've been fantastic for at least 10 years now. my wife's had them since 2013. more reliable than the sho i had, but ironically less reliable than my current alfa romeo. only cosmetic issues on both current cars though, so they are not exactly unreliable. also, south florida. this sauna eats cars.
wow, thank you so much for breaking it down. i hope we all prosper from crypto.
nope, i’ll never trust a vehicle to drive itself. but then again i make a horrible passenger with anyone else driving
what did care out your back ? just curious as it’s very , very nice! looks like a range!
love the trezor one.
ohhhh, so it didn’t really have anything to do with wise investing or even the problems of bitcoin. you were merely bragging about how you got lucky and with it you were able to pay debts. i thought your point was “if i could do it then you can do it.”
congrats on paying off your debt and buying a car. it would have been more amazing if you said you did all through hard work, studying, and.
i've gained money off of game and amc. bs stocks but i quickly realized how the stock market is manipulated when gme happened. because of that i promised myself to not put a single penny into the stock market ever again and put it into crypto. i look at vanguard and usaa mutual bonds. i've left my funds in there for half a year. i've just looked at them about a minute ago and have lost a little over 2k. edit: i normally put funds into long term funds. i do not plan to pull my money out for 20+ years. i also have a roth account. but after this whole gme hedge fund blocking us "common folks," i have up and put all my funds into the crypto market. i've made 40% from when i started.
omg his family guys! this is ops only post in his 6 month old account, fuck off with this billshit.
you're being nonsensical in your riposte young man. your logic simply does not make sense. the premise is nobody deserves riches when you buy crypto it is and investment
that’s what i said in the 2nd paragraph of my reply.
his name is peter schreyer. just looked it up. he is actually one of the presidents at kia now. wild shit...
yep - we own 2 kias and their warranties are amazing. also never had an issue. definitely a fan over the cvt issues other companies have had
i dont know about america, but in europe kia and hyundai use the same engines. example: ceed, niro and hyundai ioniq phev all have the same engine and battery. so a tucson and kia sportage would have the same engine. obviously there is different engine trims and stuff, but they are the same brand basically.
every other week. got paid every other week, so contributed regularly at different amounts depending on my paycheck as i'm an hourly employee and it varied. there were some paychecks i literally only put in . i tended to stick to lower amounts and spread it out more if it was anything more than 500 like with the bonus check or something. tried to resist looking at the price and trying to time the market. there were times i bought the dip, but i only sold a couple times and then realized that i was going to burn myself and stop selling anything, gave me too much anxiety to try to swing trade and i was not looking for a get-rich-quick just slow and steady
not just, that thing is pretty sweet. i checked it out on a showroom floor that one of the dealers and thought it would find its place for sure among the competition. obviously i'm not the only one with that opinion because now there is a whole line coming out.
it’s called finance in u.k.
if you finance a car and have a loan on it. you know who “owns” that car… and it ain’t you lol
if you finance the bank holds the title, and is the legal owner until it’s paid off, so you don’t really own it.
exactly. they’re 100% not old enough to even drive if they have that attitude about leasing.
i’m 24 and i drive for a living… you could literally not have been further from the truth 😂 i’m in the uk so our financing works different to your retarded country 🤷🏻‍♂️ my point is that these tossers in ranges drive round here acting like they own the roads and have it as a status symbol when they don’t even afford to buy it outright so in reality they’re a lot poorer than they look…
not understanding. what's the question?
no not saying that at all, to each their own and i wish every body for fortune. yeah i'm proud of the moves i made and how the cards fell perfectly with a little added luck for sure. have you ever had a new car before and wanted to show it off, yeah i'm guilty of that here. when i have heard on a rare occasion of people buying their house with bitcoin or even some of the wall street reddit guys that gave the short short squeeze on amc and gme here recently. i wouldn't have done that and it was risky but the fact that they did what they did and pulled it off and stuck it to the man and became overnight millionaires. that made me happy for them and gave me a good laugh. that does not mean that i will follow in their footsteps in their investment but i'm glad they did themselves good and got in at the right time. you can be happy for me or hate for it, does not matter to me. i'm just sharing, take the post for what it is
i'm an icu nurse and trust me i work hard especially over the past year, sweating my ass off in a bunch of hot protective gear that made my day-to-day job miserable. just not where these funds came from
> i look at vanguard and usaa mutual bonds. i've left my funds in there for half a year. i've just looked at them about a minute ago and have lost a little over 2k. 6 months is not long term at all. but i think you may have bought the wrong funds? [vti]( a total stock market index fund is up over 5% in 6 months. 10 year annualized gains is 14%!!!! a lazy 60% over the past year. if you just put in 'd have . now 14% gains forever are not realistic but if you take an 8-9% gain over 30 years, that is huge.
\*nick young confused face meme\*
you just really suck at investing. the s&p500 is up like 12% this year already and 16% last year. if you really lost money you weren’t investing at all. you were gambling.
lol… social media in 2021, where you get trolled for buying a new car and having a family. you’re so brave, bro.
sorry. didn’t notice you mention the date or last gen.
i heard they also have one of the guys who worked on the bmw m series working on r&d for the new kias. apparently that’s why the latest k5 gt is slightly faster than the latest bmw 3 series
i think american kias come from their new factory in georgia so it is probably different parts and shit than european cars
hey if you're not first you're last
yes! gonna be huge 🎉
financing is also in america
i’ve never heard of that and can’t find any evidence of that online but i guess i’ll take your word for it. if leasing a car is called “financing”, what do you call purchasing a car with a loan? — this source doesn’t say anything about “financing in the uk == leasing in the us.”
try to glue troll dolls over your brand new lambo and then try to do the same with a leased kia. the bank may say what the fuck but the lease will be a breach of contract.
that is not how it works. you do own it and can experience situations like being underwater on the loan which wouldn’t make sense if someone else owned it. home ownership is the exact same thing.
that’s not how ownership works. bank holds the title under a lien and the vehicle is security against the loan. the bank has the right to, in the event you default on the loan, sell your property to recoup the costs. but only under those circumstances can it be taken from you. the bank can’t choose to sell out from under you just because it wants to or for an arbitrary reason like (in the case of homes) it has appreciated. i have multiple cars on financing, they are in my name and i have the capital to pay them off at any time. does that really mean i don’t own them? no.
sorry, what did the car set you back *.
i know 6 months is not long. i just gave in and decided to sell all of my index funds and such after seeing myself lose 2k and no gains. i even had vgt and voo. i'll probably put back what's left into vti and just not even look at my td ameritrade account for a long time.
imagine being offended on someone's behalf. at the end of the day, it is a new account posting that he sold. and yes, social media nowadays is filled with emotional porn for users like you.
there’s a few different option non of which i’ve ever used, one where you put a deposit down and pay it off and own it at the end which we call finance. there’s also hire purchase which is where you can pay a lot at the end to keep it or just give it back. no one in the u.k. calls it a lease though ever, even if it’s a short term hire.
it’s called a personal loan. which can be secured or in-secured. best way is unsecured, you shop around for the cheapest loan, if you take the finance offer from the car dealer you normally pay over the odds for the loan.
both you and the bank own it, at least where i live. the banks name is on the title until you pay off the loan.
you own it up to the point when you don’t make your repayments. then it’s lifted.
what do you mean “that’s not how it works?” that’s exactly how it works. you are being literal, by definition i wouldn’t thisagree. but you’re naive to believe you have true ownership of it, if you are paying a loan or mortgage on it.
> > if you finance a car and have a loan on it. you know who “owns” that car… and it ain’t you lol > that is not how it works. that's exactly how it works dawg. source: me. the benefit in a tax system like oz is that you lease the entire usage of the car from the company and pay for it from pre-tax earnings. so you get the usage of the car, the maintenance and support of the car, any expenses of the car, and most importantly... the fuel for the car, tax free. at the end of the lease, the lease company generally gives you the option of buying it for its depreciated value. most developed countries have similar systems in my experience.
who holds the title when you buy a car on loan? it is not you. so you do not own it.
,589 otd taxes included ( 7% ad valorem for my area). had to drive out of state to get this price. local dealers i was looking at 52, 51 and 49 for the same thing. all had dealer markups one way or another. even the one i got had ,000 "market adjustment" that i negotiated out of.
vgt and voo are up majorly for the last year. i'm not sure how you're losing money. if it is from meme stocks, those were dumb anyway. unless you got in early, you're just chasing the fomo now. stop worrying about short term losses and it is about a long term strategy. heck even 2008 does not matter although everyone brings it up. even if you never dca-ed thru the bull market, anyone's balances from 2007 would be up 2x-3x or more by now. if you're worried about a , what do you do when crypto crashes? the people who panic sell are the ones who always lose out. investing is about thiscipline. and this is exactly why i'm worried about this sub. way too many newbies here hoping to strike it rich but completely lack understanding of what personal finance should look like. you look kinda young (no offense), so the good news is you still have a long runway to learn and grow your money.
i say this in the nicest way possible do not go all in on one asset crypto is being heavily influenced by these low interest rates. (i strongly suspect people are borrowing to buy into crypto anyway... not enough concrete dd to prove it.) once intrest rates hike i am very confident we will see a crash.
who gives a fuck? you’ve replied on 3 different comments arguing the same exact thing? how bored are you?
that’s not how it works in europe though. there no such thing as car title. i think it’s just us thing. in eu the only type of document is vehicle registration and the moment you take car on finance, it’s your name on it. so this guy being in uk is correct saying he’d be the owner.
you can also lose your house if you don’t pay property taxes, even if it’s paid off in its entirety and you have no mortgage at all. thus, by your reasoning, it is impossible to ever own any kind of land or house. i think you’re getting into pointless details. if the value of the home goes up and you sell, it is you, as the owner, who is entitled to all the profit and gains. similarly, if it goes down in value, that’s your loss to incur, because you’re the owner.
in europe there are no car titles, i think it’s just us thing. so this guy being in uk and having a car on finance is the legal owner of it.
in the us the bank only holds the title under a lien. they don’t actually own the car and can’t do shit with it unless a very specific condition is triggered. they can’t just take it from you and sell it because they feel like it. in the uk the concept you’re referring to doesn’t even exist.
>if you're worried about a , what do you do when crypto crashes? well the crypto market crashed not to long ago and lost 40k. i did not sell and just left it there while buying more. >you look kinda young (no offense) none taken. i'm gonna be turning 29 here soon. i started to deeply invest about...i think 3 years ago? so i'm just looking at what etfs to buy and mutual bonds. i like fidelity and vanguard etfs. they've been stable. though i'm looking at the 1-10 year gain on these.
i do not just have one crypto. i have various cryptos.
now outrage, are you in love with op?
try selling a vehicle without the title. hint, you'll need to deal with the guy who holds the title.
2022 - only small planets use it
2022 - "bitcoin drops 100k in one week , sell this ponzi scheme whilst you can!" - current price 900k
2030: only small solar systems use it
2022 - oh shit i’m late
2022 - onlyfans uses it
2022 only small minded idiots do not use it.
this coin makes me laugh. because year after year i hear the same shit. "it's going crash!" "have you heard of btc" "did you hear what (insert famous douche) said about btc" etc etc but yet it is hear year after year stronger then ever.
lol i love how 2011 is missing, that was when i first learned about btc. i tried to buy it then but it was "too" hard. lol, i tried but the college gf kept me preoccupied. that is when the silk road was up.
i guess i was laundering money then
2032 - only everyone uses it
2022 - large countries see it as a threat to their currency and kill it.
each and every day the crypto and gme folks are getting closer and closer to the mlm "self employed boss babe" huns.
2022 - the banks use fiat to buy most bitcoin.
- 2022 only small planets use it - 2023 only one galaxy uses it - 2024 only the observable universe uses it
2022 only redditors use it
2022 - only small continents use it.
first it is demonized then the world adapts
only nerd countries use it gotem
2025 - the only people who can afford to invest in that are either super rich or got into a long time ago. not worth!
2022 - china bans (again)
only small continents are using it.
only small banks use it
only your mama uses it.
2024 alies use it
i'll compensate until i die if i have to!
i am now j. all of the above.
next up - only small continents
as soon as i catch up on recent payments i'm dumping more paychecks in to btcc and bitcoin
2022 - only third world continents...
only one planet uses it
2035... mars: only earth use it
only banks use it.
only small penis men use it.
you missed 2015. so money launderers got the best use of it since it was used for that for 3 years.
2021 is the year of bitcoin , go el salvador.
2050 - only small planets use it.
only humans use it
remember when you guys thought you wouldn't have to taxes on pretend money you bought with real money?
2022: only the rich and privileged use it
2022 only small continents use it lol
bitcoin supports crime on top of being a waste of computer parts.
only rich lenders use it
2022 - only anti america, anti europe, anti china use it.
shit man silk road is what got me into this whole thing
there is going to come a time, within the next decade or so, when every normie in our lives is going to be asking us how to buy bitcoin. it is our job at that point to be kind and helpful and not say i told you so, even though anyone who regularly posts here will probably be very wealthy in real terms by that point.
so next one is small continents? (i'm looking at you australia)
2025 - 90% tax on crypto yields.
once the satoshi is on full parody with the dollar and euro its over for the fiat backed toilet paper. i would start investing now while its still cheap your childrenand grandchildren will be asking you about it in the future.
i love it because it allows me to funnel my illegally acquired drug money into more "legit" businesses. it's really great
2022 - safemoon is the revolution of the crypto market
crypto is here to stay...
2087 - only small planets use it
2022 - only millennials use it
ha! couldn't be more true! 2022 is going to be wild in my opinion, the narrative might go back to 2013 before bouncing back up. edit: only rogue states use it!
i started in 2013-2014. for the record, i can neither confirm nor deny if this list is spot on.
what's an honesty box though?
according to this chart, it’s 2010
2030 btc will just be referred to as “money”
2022 - it’s too mainstream, better buy this shitcoin
2022 - only small planetoids.
2022 rich people use it
202x - only the dopest people on earth use it
"2022 - ah fuck it, bitcoin to the moon!"
2022 - only small planets use it 2023 - only small galaxy use it
2022- only dirty engergy uses it 2030 - only small galaxies use it 2040 - only our solar system uses it
2022: only humans use it
2022 - only small millionaires 2023 - only small billionaires 2024 - lol shoulda sold back to 2k 2025 - only small hodlers
2030- only everyone uses it. what a scam.
2013 drug dealing btc user checking in
“only the rich are using it” … “it is another thing that the poor don’t have access to”
2022 - only one continent (south america) uses it...
2021 big investors sell it ?
only one continents central bank uses it. it only replaces the usd.
2022- why the hell didn"t somebody tell me about bitcoin sooner??
nobody uses it still though...
its fucking creepy how tribal crypto is. people act like it is the second coming of christ and would die for it. 99% of my day is not thinking about cryptocurrency. its doing other cool things in life to make me a better person. crypto is a tool, not your lover.
i do not wanna shit on your fun guys, but it is 2021 and it is still only used by a small percentage of population. educated guess is that about 1.3% of worlds population (~100 million people) owns some share of a bitcoin, which is honestly more than i thought, but still a small percentage.
2022 only big investment firms use it?
only small planets use it.
2022 - only small pp don’t use it
i first bought bitcoin in 2013 for 2013 purposes
this is an excellent comment on the evolution of bitcoin. i remember people telling me facebook and google would not be much in terms of acceptance and evolution.
2022 - only small number of people benefit from bitcoin
2022- it’s ditched for using 200000x the energy that electronic fiat does.
2030 - man i wish i would have bought it when it was under ,000, i’d be a millionaire with just one
only parts of continents use it
2022 - only people who believe in renewable energy use it? 😂 or 2023?
2022 - the 1% own 50%.
small businesses use it? for what?
some of these are golden... thank you for this post!
only mustard tastes good with it.
2022 - only small pp people use it
jokes on them. small dicks have been using it the whole time.
man i miss the days of the silk road i only wish i bought bitcoin then. i really wanted to and order something off there but it was so fucking complicated back in the day you had to use local bitcoin and meet up with someone and it just seemed like a pain. man i wish i had done it now. just the change left over from a transaction would have been worth a small fortune back in 2012-2013
2050 - only planet dealers use it. i'm looking at you frieza.
it’s funny, heard rupert murdoch i think or someone ike him say he didn’t wanna be involved with something that drug dealers, communists and kidnappers used. are you kidding me!? dude they caught sodom hussein in a hole with 3! everyone takes usd. he’s just bent because he can’t control it from getting the the rest of us that aren’t his their club.
only continents use it
uniswap fork free airdrop get it for 2to3 more days!!
i hope we can go back to drug dealers using it
if you start from 1990 you can say the same about the internet
"small countries" are using costodial ln... centralized banking... they're not using bitcoin lol
only small continents use it. lets start with australia and follow up with europe?
if it’s not obvious op is talking about bitcoin
only small hedge funds
fuck, at this rate 2022 will be: only earthlings use it bitcoin fixes this 😎
is this why my crazy neighbor thinks musk is satan? cuz he pushes the soon to be one world currency (a sign of the apocalypse) 🤣😂
2022 - only fans?
2030 - only small galaxy in solar system use it. lolx
only small star systems use it.
i just wanna buy a stack of potato’s with my bitcoin
only not smol pp use it
**2022 - shit they crack it.**
i must be somewhere between a gambler and money launderer
2022 only small galaxies use it to the moon
2025: "well the usa has not adopted it yet"
only extra small countries?
only the coolest of the cool
2022 - only small continents use it!
2022 - only small continents. (when south america completely converts)
"small countries" = banana republics in this context if you're investing in bitcoin because it is a good store of value, you may be on the right track. even given the current dip, btc has wildly outperformed almost every other asset. if you're investing in bitcoin because you believe it will replace fiat currency on a large scale, you're going to have a bad time. the very properties that make bitcoin an attractive speculative asset-volume currency. it will remain attractive for low-volume-value transactions and black market usage, but it will stall out before being widely adopted. governments around the world are keen to introduce their own centralized electronic currencies, and these projects are well underway in places like china and the eu. these efforts hurt bitcoin because of competition for high-volume transactions and because it will motivate governments to shut down the competition. bitcoin is also too volatile for many types of payments. many b2b transactions are based on 30-day payment schemes. btc could easily rise or fall by 10% or more during that time. this exchange risk will exist until the entire economy is based on btc or volatility drops significantly. note: before you bring up the lightning network, please read the second article linked below. the lightning network brings many benefits, but at the cost of decreased security and increased centralization. sources: blockchain scalability problems: >the problem of scalability comes packaged with blockchain value propositions; therefore, one cannot simply increase scalability by changing parameters in the blockchain. [ the lightning network: [ the rise of "govcoins":
2022- only developing countries use it
2022 only earthlings use it 😂
2022: all progress against climate change is erased because of bitcoins inefficient use of electricity.
2022 - only some countries use it 2023 - if it was so good why are there still so many other crypto? 2024 - price went down (), big scam 2025 - xyz criminal used it to do illegal things 2026 - (.) if you make a lot of money you have to pay a higher % in taxes 2027 - yeah but it could be just a big scam 2028 - \[somewhat relevant person says bad things - then good things about it\] 2029 - ok but you spend more when you do not use physical money ...
2022 - only small continents 2023 - only small planets 2023 - only small solar systems 2024 - only small galaxies
2022 - only russians and white supremacists use it
what can you even use it for now??
is it possible that someone who does not own btc is the same as someone who has no insurance?
hardly anyone uses bitcoin for payments because it is a terrible method of payment. slow, inefficient and volatile. people are just hoarding it as a speculative asset.
only small solar systems
2030 - only small planets use it
2022 will amazing year.
they always used to call it a scam. people seem to call things scams when they do not understand them.
2022 - everybody uses it - to pay ransomware criminals
2022 only a small planet use it.
2025 - you do not take it? okay, i'll go somewhere else.
nobody uses it. they're just speculative investments. nobody is actually using bitcoins as currency.
this is actually one of the few posts i like in this reddit. factual and honest
well, i almost have 0.10 of bitcoin and what do those average joe shmoes have? their useless fiat. 😂 😂 😂
you missed "2016 - only people buying child pornography use it" and "2022 - it only has the greenhouse gas emissions of a mid-sized country"
2022 only small planets use it
so fkn good yo! you deserve cake!
only rich people use it
who here has actually used their bitcoins to buy stuff. not to buy dollars after it rose in value, just a service or an item.
next it’s made obsolete by the plethora of cryptos that do the job better.
2022- destroying the planet doing it.
2022 is gonna be left empty like 2018 cause the price gonna plummet the same way
2025 - you pay 50
if by "use" you mean park money in it.
only fools use it😂😅
forgot about hoes and pimps using it for backpage
by then there will be 20,000 air coin variations and the values will collapse in addition to that, there will be millions of speculators who borrowed to buy air coins and cannot repay the debt. air coins will trigger the next recession
only yo mama uses it.
only 1% of population has it.
2022 - pyramid scheme collapse - reason: no new suckers coming in hahahaha
what do small countries? eat it? drink it? what? please tell me what!
i guess i’m wondering what “using” means. which companies were accepting btc in 2020? which companies are using it today for anything but speculation? can you name **even one** product or service that is priced in sats and not a fiat equivalent? in other words it cost 1000 sats a year ago and 1000 sats today and will cost 1000 sats at the end of 2022? if everything is priced in usd then btc is just transacting fiat with more steps (and tax consequences if you’re in the usa). and the prevailing opinion on this sub seems to be that it would be foolish to spend btc like, ever. hodl, diamond hands and all that. edit: i have been asking on this sub for a link to a product or service priced in sats and no one has **ever** provided one.
el salvador success will create domino effect.
2022: ok someone from a different planet just bought earth porn
biggie smalls uses it
nope, still seems like only suckers use it.
haha who we kidding, big banks still say it’s used for drugs and money laundering.
2022 (bitcoin is 1 billion dollar) - only a small amount of people bought it when it was cheap
is it really “only” tho? no one really stopped using it from the previous years. it’s more like now small countries use it as well.
2022- only small planets
only small planets use this.
those drug dealers from 2013 are rich as fuck now.
i’ve used bitcoin to buy gold and silver this year
only everyone uses it
ah fck, i joined just a couple weeks ago, i missed the train by a fckin mile
> what's special is that this is "softwaregore"
people that sleep on bitcoin should be punished
if anyone does not want bitcoin i'll take it it is useless right ? 😜😜
2022- only central banks use it
oh that is right bitcoin moves up and all the other coins go up but it is useless 🤣🤣🤣🤣
what would ordinary people want with computers?
we take it by storm on reddit!!
so what are you all actually using bitcoin for?
* 2022: only tax-haven countries use it * 2023: tax regulation (a good thing in my mind since it validates it as a legit commodity) * 2024: a moon like you've never seen
only one continent uses it
2022 - no one uses it
looks like i came in as a supposed gambler and 5 years later hit a royal flush 😎
so if you're a drug dealing computer nerd, gambler, representing a small population in a small company in a small country... you are a billionaire now. all the things they told us not to be when growing up. well f\*\*\* me sideweays.
2022 only gambling money launderers from small countries use it.
tbh im stuck in 2017 :/
it wasn’t only drug dealers it was drug users too, and that was the primary market until up to like 2018-19.
"bitcoin: the best money we've ever had" is what all of the major playwrs are saying now om youtube commercials and whatnot... literally a year ago it was "it will never be accepted or used", now visa calls it the "best" we've ever had? lmfao okay
nice i was two years ahead, 2015 btc gambler here let us go
uranus is all over it
2022- people who have an old gateway laptop use it
it’s one country😂 bitcoin is still a stupid idea and will not catch on. here from r
probably skip 2022. there's a pattern forming
2022 - only elon uses it
2022 - it’s on moon and everybody use it ☝🏻😎
2022 - everybody uses it.
if i wasn’t poor during the entire time bitcoin was cheap i would have bought some for sure. by the time i had a decent career with good pay it was already way too expensive. actually it blew up like a week after i started my first good job. that’s life i guess.
but do they use it?
quality shitpost have my upvote, sir
"only under-developed continents use it"
2022 - only european union use it
2015- only bodybuilders use it
aliens : why you all not using crypto?
bitcoin's success is inevitable. its revolution never stops moving forward block by block. opponents of bitcoin will have to adopt it sooner or later.
use it for what?
2025: only a small percentage of the population do not use it
we will be what is up 2022! (pointing my finger up)
only small planets use bitcoin
2069 - only horny people use it.
“only some use cases”
george used this imagine in his thumbnail. i'd ask you if you are george, but we're all george.
the entire time: really energy inneficient.
not gonna lie. before looking at the sub, i thought they were talking about the metric system in the u.s.
2022 - world adoption
ah typical nay sayers
middle school schizo thread...any reddit for adults on cryptos?
2024: only boomers do not use it
the system's trying to bury it. trust no one. bitcoin the future.
this is a great start for the crypto community to include cryptocurrency as a means of payment. mass adoption might be quite far from now, but it is amazing to think that people are trying to adopt crypto technology.
only hedge funds use it
i’m stupid and need help. why is crypto currency good? obviously there is something to it.
bro we all know this came from a tik tok. i literally saw this yesterday before this post came out
only humans and penguins use it
only small people use it. in 2022 there will be a height war where midgets will wage war on the world and become the ruling class, taking a monopoly on all forms of wealth including bitcoin.
2022 - only like 1 in 4 people use it... that's not even 25%... then bitcoin will have helped in another way. 🤣
to the moooon! 🚀🚀🚀
you get delusional after 2017. no one uses bitcoin as currency. it’s still really only used as an investment vehicle. and has been that way for years. adoption isn’t increasing.
it's still a scam
only tesla uses it 😂
bitcoin is declared a threat to "national security" and anyone who owns it will be sent to the gas chamber.
no mention of hackers using it to extort companies. so that’s 2022?
2022: only corrupt countries use it 2023: only corrupt continents use it 2024: the world is corrupted so we all adapted it
crypto currencies will soon rule the financial world on a global scale. our minds can not fathom the money that will be made long term from relatively small investments now. cryptocurrencies and particularly blockchain are the investment of a generation.
2022-biden administration tries to tax it to death.
there's an entire universe out there! only 3 galaxies are using it, but they will stop when the price crashes. it's a bubble.
sadly we are limited to mining on one planet with btc... already mars will nead its own chain if they dont want to trust a completely earthcentraliced currency.
2022 - only smol pp use it
ufos have been confirmed by the government. don't be shocked.
but not pluto :(
you stole my comment, take an upvote
2026 - only small solar systems
i do not know how id feel if it ends up not being our own.
btc isn’t decentralized until it moves off planet
interplanetary trade sending 50k usd receiving 51k 😂
2023 - only small pee pee use it
planets? what else beside earth?
tell them what you said jerry!
4yù t you u up 666 yu b t6 3.75 66yt
aliens: only non developed species use any form of money.
yeah, only small planets like earth are using it in 2022
2030 - only this dimension uses it!
i can see the headline right now “bitcoin wipes 2 trillion dollars off the face of the earth
yeah lmao, news outlets are wildin
2100 - it’s time to wake up from your nap sir 🤡
more like current price 80k
due to speed of light limitations bitcoin will likely remain an earth
i reckon they’ll be the first to use it… it’s the developed ones who want to keep their fiat currency
we are living on an underdeveloped planet. how bout dat
hey do not talk about america like that. lol
2023 - oh shit time to buy
also, small fix for 2010: hal was using it.
~~2009~~ 2010 ~~2011~~ 2012 2013 2014 ~~2015~~ ~~2016~~ 2017 ~~2018~~ 2019 2020 2021 ~~2022~~
we might consider changing ‘uses’ to ‘have’ it xd
ok, i'm one of those idiots. i just do not see easy ways to use it or to get into or out of it when i need it. am i wrong? and the power consumption required to sustain it is ridiculous, there are less energy intrusive replacements available, but i still cannot spend those anywhere either.
bitcoin is cool technology in search of a problem to solve. as of right now there is not a compelling argument for why masses of people should switch to a currency that is not only more volatile but is also incredibly harmful to our already dying planet.
ah shit rip dpr
lmao i also tried getting into bitcoin mining, but every resource said that it cost more in electricity than you earned in bitcoin. if only i ignored them lol
same, assumed it was just some kind of anonymous internet money equivalent and did not look further.
i also tried. i found some dodgy looking site selling bitcoin, but it wanted my credit card details so i noped out, who knows if that was a good or bad decision.
i heard about it, but never did research into it until 2017. wish i had learned about it sooner. i would have bought a ton in 2012 if i only did my research. had no idea about decentralization.
back when it took weeks for mt.gox to process applications.
i guess i am a small country then
were you using it in 2014 or just holding it?
it was still being used primarily for drugs up until like 2018. it still is used for drugs.
2023 - it keeps bouncing between 100-300k... extremely volatile
2222: only small galaxies use it 2300: only small galaxy clusters use it 2420: only small universes use it
2030 - only small planets we, on jupiter, prefer liquid helium.
i expect the currency on mars will be oxygen if musk has his way, in some kind of serf based dystopian economy
> musk will probably accept it on mars hm, is not mars a bit too far for a full node to stay reliably synced? 6 to 45 minute round trip latency would be a problem.
there is some truth to that. if i invest i want maximum returns relative to risk. bitcoin has generated ridiculous returns in the past but it can’t do so forever. at some point other investments will be more promising than bitcoin. someone that got in when the price was 4000 has seen 10x growth. but anyone buying today at 40k would have to believe they would find someone willing to give them 400k for it to get that same 10x. good for you if you think that’s likely but there are probably other investments that are more likely to 10x in the same timeframe.
all about the thickness
how fucking dare you talk about crypto that way.!!!!!!!!11111111. i demand a fight at once
you would have likely lost all of those bitcoin in the silk road take-down or the mt gox hack.
> slow, inefficient and volatile. > > use ln, noob
most secure, most decentralised, most thistributed, oldest dominant over 40% of total market cap of crypto. selected by el salvador as national currency. there is a reason why people choose it ignoring all bad aspects such as you've mentioned.
> nobody is actually using bitcoins as currency. i am, done hundreds of transactions
i bought all of my krokodil with btc
sshhh you're ruining the circlejerk
nobody who is not retarded gives a shit about whiny environmentalists
el salvador all economic entitles must use bitcoin by law. it's just getting started.
crypto is not even 1% of global power draw. why are not you concerned with the other 99% before going after secure currencies?
if you have to lie to try and make a point, you do not have a point.
shitcoin shilling is banned in this sub.
i’m a bit higher than 5% 😂
> i guess i’m wondering what “using” means. i use my bitcoin as savings.
so far in 2021, el salvador accepting bitcoin has been a most important thing in bitcoin recognition and adaptation aspects.
people are gonna forget how true this was. like most basement stoners though, it grew up and got a job in a suit, and we're proud of it.
bitcoin is still cheap.
incel detected. engage countermeasures
chia is still proof of work. it's just obfuscating the cost. hard drives draw power, so you're still burning power. searching a large area of storage still takes cpu time, so you're still burning cpu time. hard drives fail pretty quickly when they are full, running and utilized 24. so now, while you may be using less power, you're requiring a tonne of churn in hardware, which is fucking awful for the environment. chia would literally be worse than bitcoin for the environment were it to see the same level of adoption. ' and unlike bitcoin, whose primary cost is just energy, chia does fuck all to incentivise renewable adoption.
it can’t be a medium exchange before it’s a store of value.
this whole thing has been hard for you i guess.
🎵you can’t take the sky from me🎶
"this is a huge bubble we will laugh when it will explodes" - random twitter user "nft will worth nothing soon" - random youtube user
there is a problem with c, information can not transfer above that speed. for 10 minutes block, it gives a very high possibility of mined blocks orphaned even from the nearest planet
at this point that just sounds ridiculous.
1932 only small multiverses use it
same thing for the food chain but hey make hay while the sun shines !
and so many people think that they are late, they are still so early, not even 1% of earthlings have started using it
those diamond hand aliens cannot take my bitcoins from me. i will always be in the 21 million club
given that it would take over 3 minutes for a signal to reach mars from earth (and vice versa) i can imagine a separate chain would be necessary.
elon already working on it.
are atomic swaps on an l2 layer possible across planets?
not really, we can use entanglement or wormholes or some shit. that’s right we can use shit. if we can use volcanos to mine we can use shit. just entangle that shit. and boom. you can mine bitcoin at a thistance.
looks like bitcoin is not decentralized for the solar system, it is an earthcentralised currency
it does not mean they are aliens, it means they are unidentified. i think those things are us tech, and we're just flexing.
they will need to do kyc to buy bitcoin from coinbase
at that point, we're no longer talking about bitcoin in relation to the dollar, but the dollar in relation to bitcoin.
thats when im hodl’ing until. i’ll be 115!
i was not serious about the comment, i do not see it being at 1 mil by 2022 but i do see it increasing over time. honestly i am on the side of saylor with this in that i see it as an asset and not a currency, mostly at the moment because of tax issues and to a degree tx costs. i see another crypto being used for daily transactions in the future. for me it makes no sense to spend bitcoin to buy a cup of coffee when tx fees can be so variable. although it does make sense to 'trade' it in place of usd with very large amounts where using a bank can be costly and or prohibitive. also believe it is better to hold btc than usd given the amount of printing the fed has done this year alone, imo inflation will start to creep up on us and you wont really notice it at first but over time the impacts will be there.
damn this is a deal breaker for me
that’s actually a really interesting question. with a price volatile currency, what happens if i “purchase” a single bitcoin while on mars, but the light-speed delay means by the time my buy order gets to earth i’ve payed for 1.02 btc? is every transaction a gamble? if we ever colonize the outer planets, you’re looking at delays of hours to days. price can change a lot in that amount of time. i assumed we would be using crypto by then in some form, but this is an obstacle i never thought of.
unless we figure out quantum communication.
quick question, i do not know much about crypto currency, how is bitcoin not a fiat currency? it's not backed by the gold standard as far as i know. or any other standard for that matter.
most likely a really good time
this guy knows what's up.
think it is creating pairs of "13" 1-3 keep repeating?
good point, that is probably a better term. i was just trying to fit with the convention in the screenshot.
can you do a dollar a day? cause if you can itll be worth it. less? worth it.
trade offs are what you’re missing. you’re letting main stream media fud drive your opinion. go read some nic carter pieces on the energy usage.
>i'm an evironmentalist shill
they were probably right, and you could have made even more money by buying them at exchange and moving to your own wallet.
brushed into it, opened a wallet, but no means to buy. fml
how did you expect to pay for it? you know you have to pay for it right?
i’d much rather give cc details to buy something than literally any other information. cc is 0 liability.
i guess i’m a drug dealer then. wait, what?
used it all :( bought back in 2017
"it dropped bellow 120k! it's dead again!"
2620 : only 3 dimensional beings use it
2500: 01001111 01101110 01101100 01111001 00100000 01101000 01110101 01101101 01100001 01101110 01110011 00100000 01110101 01110011 01100101 00100000 01101001 01110100
combining 2 ideas above it could be mox coin mars oxygen coin but as stated by vapehands the m ironically (and secretly) stands for musk
mars would be a hard fork with a new coin called as m-bitcoin.
if you take the long term view then you also have to account for things like global market cap that is almost completely untapped still in the crypto market. don't thiscount potential hyperinflation as well. 400k or more might not sound so ridiculous in less than 20 years time.
not if you transfered the remainder out after the transaction. but yeah your probably right because no one does that for some left over change lol.
a layer of shellac whose very existence speaks to deficiency in bitcoin. i am looking through the original white paper right now and the word “layer” doesn’t appear anywhere in the paper so i’d say it’s fair to say satoshi didn’t anticipate second layer solutions or off-chain transactions. i don’t think ln is exactly proven yet. it’s still new enough that in this very sub there are posts like “hey i just used ln and it actually worked! cool!”.
you cannot simultaneously argue that: 1 bitcoin will be omnipresent in the future, so it is inevitable that it is value will massively increase. 2 when making a purchase, it is a good idea to part with your bitcoin rather than with any other legal tender.
who says i'm not concerned about the rest? nice strawman. also, it is way more than any other currency if you were to become used in mass.
how does it a lie? the network fees are incredibly high and bitcoin is not usable as a daily crypto for the average person
gold is used in manufacturing. gold is used in electronics. seems to me that gold is used plenty. i never claimed that gold is useful as a currency and most of the world has come to the same conclusion. see e.g. bretton woods. if gold is not a useful currency and you want me to compare bitcoin to gold then does it follow that bitcoin is also useless as a currency?
,000 usd per coin is cheap?
ok dork. ' i dont understand why people like you have to ruin jokes. reddit is infested with people like you.
if you say so. doesn’t change the fact that this meme is delusional to imply adoption as a currency is or has been increasing.
in the year 2525, if man is still alive... if bitcoin can survive... they may fiinnndd...
much longer than that. bitcoin has put a value on fossil fuels. countries can now burn fossils to make foreign income. the fuels hold more profit than bitcoin mining. the profit from the fuel used to buy bitcoin, and hold or prop btc's value. bitcoin is not all good. iran is now mining and everytime we do a transaction about 5% of the fees go iran bound. iran is 93% fossil powered. it has huge gas and oil reserves. the us has devalued irans currency, making bitcoin mining even more tempting. it's fossil powered miners that will have the most to gain, as the world goes green. with a smaller market and plunging price, cheap fossils become more tempting. add to this a increasing bitcoin price, and its a recipe for thisaster. bitcoin is dirty in many ways. but it is helping break sanctions right now.
i'm pretty sure quantum entanglement will solve this.
given that the block chain is never actually in time synch, network adjusted time, i dont think the modifications needed to adapt to a biplanetary block chain are are big as you would expect. it would slow everything down though.
well if made a really big and fast cable from mars to earth that is that wouldn't be a problem.
thats exactly what i said. mars woudl need its own chain and that mining would not work. not that there is no interactivity possible. you even can send and recive btc on the main chain on mars if there is a internet conection to earth. it just takes a bit longer.
lets jsut say we settleon the inner planets venus and mars (else it will get reeeeely complicated) ' i can not find all the needed data without big research but to verymuch simplyfy it farest thistance earth to venus is 260 000 000 km earth mars is 401 000 000 km so only based on this data i will say farest thistance mars venus is 661 000 000 km. (most likely it is some totaly other number no idea if smaller or bigger, but i will go with this for now) ' lightspeed is 299 792.458 km ' 661 000 000 km .458 km= 2204,858669259785 s or 36,75 minutes. ' so that is the time we need at least to send data from mars to venus when they are the farthest away fromeach other. now we need to make our dificulty so high that it is very unlikely for any planet to find a matching hash to confirm the next block during the 36,75 minutes venus needs to tell mars that it already confirmed a block. ' now im not the best in calculating plausibilitys but jsut puttign the average block time at double or tripple that number will still often result unintended forks that need to be resolved then (which is again more complicated cause of a 36 minute time difference) also if it is not alooot higher then you give the planet that confirmed the last block to much of a headstart. so i would guess we shoudl at least 100x that number if not 1000x or more. that means we need to put the average block time at at least 60h or even 600h. ' yeah, im not sure if that would be worth it
i think you might be reading into this too much.
i have this theory that either ufo's do exist or the government went ahead and implied that ufo's are real but that it is their tech and they just said so to keep the masses under a constant state of impending doom. but its all bullshit.
just how human, bird, animals and other creatures exist, aliens can also exist if there is a planet that can do it
no, we're talking about the dollar in relation to the satoshi.
banks hate when you learn this simple trick
hah old ass mf i'll be 114
it's an asset when it rises and a currency when it falls lol
local cryptos could serve a single outer planetary subsystem (like jupiter's moons could have jupitercoin). the exchange rate can fluctuate with earthmarscoin just like foreign currencies do today.
quantum communication doesnt have any way of sending information faster than the speed of light. quantum communication is like a sealed message that both recipients get it at the same time. so they instantly know something at the same time, but the actual message was sent at the normal speed of light. its not fundamentally more capable of faster than light communication than sending a letter in the mail. if i send you a letter that takes 10 days to reach you, and it says that in 10 days i will turn on a lamp, then you can learn about the lamplight faster than any communication system that starts after the lamp is light can possibly inform you, and before the lamp light could itself even reach you.
fiat is money by decree, ie. a government decrees it to be money and therefore it is, despite having no intrinsic value. bitcoin is not government-backed, so there is no decree. i see your point about it ticking most of the boxes, but think that the decree element is a useful thistinction when comparing crypto to fiat.
fiat currency was once backed by gold, this is no longer the case. it’s just printed as neede brrrrrrrrrrrrr
>quick question, i do not know much about crypto currency, how is bitcoin not a fiat currency? because crypto is not a currency (at least not in the united states). why? because the irs has deemed it property. as such, every transaction involving bitcoin will have implied gain or loss, which must be reported to the irs under law. currency does not have the same characteristics. love it or hate it as an asset. call it a store of value. call it a speculative investment. it can be used in a barter transaction if the two parties agree to do so. but it is not currency.
by the same logic, gold is not backed by anything...
ask the martians. oh wait, we dont know how. 🤷🏽‍♂️
not sure what they are getting at here.
what trade offs? as for energy usage it is currently ~93 twh annually, that is a lot of carbon.
imagine being an adult and not understanding climate change. honestly very cringe
probably bought on mt.gox
not always. there used to be shitloads of begging threads on /, "please give me some i need to buy weed help." and people used to send whole entire btcs, because they were worth only a buck or two each. . . .
yes but the site looked extremely dodgy and fake, but took ages to find. you go to some random dodge site and enter your credit card details if you like 😜
drug dealer? that is so unbelievable... small country is far more likely
forbes: "another blow to bitcoin" yahoo: "forget bitcoin, buy these 3 stocks instead!"
we lost ascii sometime before 2500?
ironically the m stands for musk and not mars
hyperinflation is a non-convincing argument in my opinion (and by anyone else who says fiat is garbage). compare it to harder assets like real estate or gold. in my next of the woods let’s say 10btc will buy a house. will 1btc buy me that same house in the long term? 0.1btc? maybe but the rosier the prediction the less likely it is to come true.
ln has been in pretty wide use for years. it's proven.
the phrase "use ln", implies neither bizarre conclusion, there. i am merely pointing to a workaround for the flaws you point out in parent. sounds like you're operating off a script or your brain makes illogical conclusions based on unavailable data. explains a lot about your belief structure.
legacy finance uses 5x the energy. btc scales under current power usage, and power usage falls over time.
yep. a sat is only .00039.
maybe make sure people know it is a joke with signifiers instead... nobody knows the intent of anybody online without emojis or signifiers... so ...
niiiiiice. and, get out of muh head.
how would you make a cable that allows transfers of data faster than light?
do satoshis have decimals?
we are not talking about the dollar in the future. either the dollar will be fixed or we will completely leave it
shit man, i wish i was as young as you. why, in my day….
wouldn't that make bitcoin worse? because with the u.s. dollar that decree is coming from the government with the most powerful military in the history of humanity.
this is a rather confused authoritarian argument. what makes something a currency or money is a consequence of natural economic law, not what a government or bureaucracy alleges.
you're right, gold is not necessarily valuable, and gold and silver nuts are not incredibly smart.
if you’re in the united states, you need thisability. i’m pretty sure unemployment is just for when you had a job but lost it. not really sure just trying to help.
how do you food
depending on where you are maybe i could help? send me a pm if you want.
and how do you survive? just asking.
in the us, every state has a vocational rehabilitation program. the goal of the program is to help people with thisabilities address their barriers to employment and find jobs that will suit them. your mileage will vary by state, but the idea is that they will have resources to help you choose your employment goal and they will also help you reach that goal. editing to add: just google "[state] vocational rehabilitation." they most likely have an 800 number that you can call or a way for you to find the office closest to you.
>i do not think i'll ever own crypto even though i fully support it >i've severe mental issues and have been struggling i've held my btc since 2014. but this makes me think it may be time to cash out and retire
look into a dao if you love crypto.
energy usage is personal and you have absolutely no right to question mine. unless you’re giving up your car, heat, a, internet and all else, the energy argument is meaningless, irrelevant and arrogant to those who understand. you’re using the opportunity cost of that energy to secure the work product of all of humanity, something governments have recklessly abused for about 60 years now.
imagine unironically believing in "climate change"
kinda ruining my robot uprising binary code joke here dude but just for you: 2500: 79 110 108 121 32 104 117 109 97 110 115 32 117 115 101 32 105 116
i take issue with “pretty wide”. does not seem to show exploding growth. number of channels is pretty static since 2019. i can’t find any stats saying how many transactions ln is processing per day so i can’t tell if that number is growing. do you have any such numbers?
“store of value” is code for “vehicle for speculation”. number go up. that’s what 99% of adopters are in crypto for right now. “bitcoin had insane growth against the dollar in the past, therefore it is a sure thing it will continue to do so in the future”. exactly what this post is about. everyone is excited about el salvador adopting btc as a *currency* though, right? not as a “store of value”?
stfu you dumb bitch
[here's the original song](
great fucking username! can i be your sweet lol?
in my day, you could buy a pizza for only 20 bitcoin!
the value of fiat currency is based on the trust users of that currency have in it. the number of dollars in existence will only ever go up (without any way to predict how fast), while the number of bitcoin that will ever be in existence is capped. i honestly prefer putting faith in mathematics over putting faith in the us military. sidenote: you cannot bomb mathematics :)
"the most powerful military in history" is such a joke, you cannot be serious. the us has a poor track record waging wars for a nation that wealthy. you want to look at historically powerful military machines? try the romans. those guys could wage war like nobody's business. where are they know? their empire turned to dust. i guess all that military might did not help them did it. which is exactly my point. governments come and go, which is why having your very currency be reliant on them is a really, really bad idea.
money backed by the threat of violence vs voluntary money.
well now you’re asking the big question! every thiscussion you see on bitcoin is basically on this exact point. is it better for a currency to be government-enforced and government-controlled, or unenforceable but free from government control?
well okay, but we live in a society of laws with consequences for non-compliance. so if tax law creates an obstacle to treating bitcoin as a true currency for practical purposes, do we really have the option to thisregard the government in favor of natural economic law?
dumpster diving is incredibly.underrated
>energy usage is personal and you have absolutely no right to question mine. there i thisagree. society has an interest in what the individual does, it is always been that way. and it is quite the stretch to claim bitcoin mining will "secure the work product of all humanity."
climate change has been a consensus in the scientific community for decades. are you a flat-earther too honey?
sure but only chumps store significant wealth in dollars. most wealth is held in shares of businesses, real estates or other assets. if dollar devaluation drives an increase in the price of bitcoin that’s not necessarily a huge win for bitcoin if bitcoins value remains stable compared to other assets or other currencies. in that case i get the same goods and services for my bitcoin in the future than i do now. hodlers avoid goin destitute but they don’t grow extravagantly wealthy. however if fewer bitcoins get me more goods or if dollar devaluation really does push “the masses” toward bitcoin that obviously would be a win for hodlers.
you forgot the 🤣🤣🤣🤣
in my day pizza hadnt even been invented!
can't bomb mathematics? that sounds like a challenge
library of baghdad says hello.
yeah, but you can force people to pay taxes and award government contracts, and those will always be paid in dollars so people will always need dollars. and because the u.s. requires businesses to pay taxes in dollars they need to to get dollars, so they will always accept dollars as payment in the u.s. it's a cycle where because you need dollars to pay taxes, you need to get dollars, therefore it forces dollars to be used for buying, giving it value. this is true for other countries and their own currencies. there is nothing like this for bitcoin and other crypto currencies, meaning they will always be optional, and optional currencies cannot replace enforced ones that already control all financial exchanges. ' the value of a currency is not only determined by how much supply there is, it is also controlled by how much demand there is for that currency. for example, there are more dollars in circulation than venezuelan bolivars, but the dollar does not have the problems venezuela does, because there is more demand for dollars.
i did in highschool
>the value of fiat currency is based on the trust users of that currency have in it. literally just like bitcoin. it's value is based on the amount of people that trust it and adopt it. if a flaw was ever thiscovered in the protocol it could become worthless overnight.
value of bitcoin is tied to fiat currency. without fiat currency bitcoin has no intrinsic value. yes fiat currency is based on trust and agreed conventions but that is how we value things. imagine if currency thisappears, how much is 1 btc worth? you will literally have to create same system that we have right now to put price on any good.
> sidenote: you cannot bomb mathematics :) post-quantum computing and shor's algorithm say hi! you can run, but you cannot hide!
bitcoin will force governments to use it as their currencies fail. the last countries to recognize bitcoin as legal tender will be the poorest moving forward.
governments ebb and flow in their treatments, crypto will likely be given different status in the years to come. you're right that it poses an obstacle, but hardly an insurmountable one. software makes transacting in crypto trivial for tax purposes already. the point is that just because a government tax agency classifies an asset a certain way, does not mean people would not continue to use it in other ways. not does it affect its fundamentals as an economic good - only markets can decide that.
it’s really not a stretch at all. and if you’re one of these “society has an interest” guys gtfo. you’re the reason we buy bitcoin, you have no rights to my energy usage, ever.
i think you are completely focusing on the second point and avoiding the first more important and extremely likely point.
math is the bomb!
this is a common argument but it is only superficially valid. many fiat currencies have failed under military and political might. the weimar papiermark, argentine peso, zimbabwe dollar, peruvian sol, etc. almost all of them failed not due to the inability to pay taxes in the currency (far from it), but due to governments hyperinflating the money supply in vain attempts to control their economies.
>yeah, but you can force people to pay taxes and award government contracts, and those will always be paid in dollars so people will always need dollars. and because the u.s. requires businesses to pay taxes in dollars they need to to get dollars, so they will always accept dollars as payment in the u.s. it's a cycle where because you need dollars to pay taxes, you need to get dollars, therefore it forces dollars to be used for buying, giving it value. this is true for other countries and their own currencies. there is nothing like this for bitcoin and other crypto currencies, meaning they will always be optional, and optional currencies cannot replace enforced ones that already control all financial exchanges. that's not how any of this works and you sound like you have stockholm syndrome. for someone who "does not know a lot about crypto" you seem to be oddly entrenched in your position. stay humble and continue to learn.
if your country-of-residence refuses to adopt the bitcoin standard, or to endorse bitcoin as legal tender, then you'll simply re-locate your entire portfolio via 'brain wallet' to any one of an exponentially growing number of countries who are champing at the bit to replace u.s. dollars with a form of money which is beholden to no foreign power.
didn’t we (usa)put sanctions on venezuela causing the demise of their currency?
this really does not make much sense. if currency thisappears? do you mean if fiat money thisappears? if all cryptos thisappeared tomorrow, how much is 1 usd worth? prices are always expressed relative to another unit of measure, because price is a ratio.
maybe. or maybe not. we don’t know yet.
sure there is - it is why we have fucking laws about all sorts of shit - it is in the public interest.
always is such an ephemeral word! in the grand scheme of things the dominant countries (and currencies of the world) have only been around for 1-2k years. before currencies, before gold!! before that was the barter system. absolutes suck absolutely! always, never, there is no such thing! there is nothing that is permanent! the only absolute thing is change! let's hear it for change!!!
no, it was the nationalization of their oil industry and other industries and the piss poor government management of their resources afterwards. us sanctions alone do not cause currency collapses.
it might be too philosophical but in fiat money does not actually have value - it is a representative of value. if you erase fiat money we still have usd and we still have money - in theory money cannot be destroyed since its literally a concept. if cryptos thisappear 1 usd is worth 1 usd it is worth 0.83 euro and so on. when usd thisappears and other currencies how much is bitcoin worth? it's value is tied to usd it has no actual value unless you wanna argue the cost of mining is equal to value of btc but that thinking makes literally no sense because the costs are not increasing adequately to the price of btc.
i'd say the writing's squarely on the wall at this point, but you do you.
i'm gonna have to thisagree with you there. first, i meant "math is cool" not "math is the atomic bomb". second, the atomic bomb is only one piss poor application of special relativity. third, math will not be destroyed by an atomic bomb it will keep existing ad infinitum no matter how our species chooses to anihalate itself! math is universal! math was! math is! math will be! math is eternal!
"what is the value of money if no money exists"? well, here in the netherlands i can get a popsicle, so if all fiat currency would thisappear overnight i could probably get just over 32k popsicles for 1 btc. bitcoin does not *have* value either, it represents value because of the work done to mine bitcoin.
how so? bitcoin value is literally purely dependent on people who trust in it the same way as currencies are. if you treat bitcoin as currency and not investment or financial instrument then you have to untie from it is fiat currency. also nobody sane will adopt the bitcoin as tender currency because its more unstable than any other fiat currency.
i do not get it... are you in denial about why we have laws?
not a veteran hodler by any stretch, but it’s crazy what just having a solid plan going in can do against feelings of fud. i watch my portfolio go down and i get the same scared feeling in my stomach, but fuck it, i’m working my plan. phone down, go back to bed. next day, plan seems healthier! good job plan, you just saved me from myself
bro i just don’t wanna pay taxes and i have no idea wtf my cost basis is i’ve been through so many exchanges. guess i’m a holder for life
i'm in at 10k. unbothered because i've seen worse.
ball's of steel brother. hodl
if you survived 2018 and march 2020, this dip is nothing.
i'm begging to understand. respect to all you mad fuckers who held through storms way bigger than this. balls of steel.
hodl till you're in profit then do not sell
here, i'm holding from 2013
i seen 4000 and 800 and 19k back to 3000. and 50k 💪
it's nice just to feel something.
i sold 10btc at 3k. never again
i’m in since it was 600$. i don’t give a fuck
when elon tweets, i buy
time to stack some sats my dudes, today is a blessing!
survivors of 2018 bear markets: is this even a dip?
stay strong my brothers, bitcoin to pump by end of week.
i just started investing and i'm holding xd
it can go down 3 times as much. wouldn't care. the rich by stocks when they go down. it's like a fricken fairground for them the day wall street crashes. same with crypto.
i'm enjoying the roller-coaster ride, i've got my ticket! and i'm not selling to anyone. elon lost my respect!! he is a opportunist and is probably looking at selling a solar solution for btc, in need attention. he messed with the wrong community!
seeing everything that happens now and then remebering the winter of 2017... man, im not sure if those paperhand would get a heart attack if it dropped by 50 or 60%
it’s easy if you are holding btc. you just have to hold one halving cycle and you will be in the green forever
just hodl it, dont worry bout corrections its all coming back. please just hodl community ❤️
it's at , it is not a crash! btc was at ...
i'm waiti5 some money to buy more. i hope bitcoin goes lower in two weeks. 20k would be fantastic.
being flat for weeks was boring, im actually glad its doing something so i can buy dip
since 2014! crypto has fucked me more than my ex husband ever did💎🙌
i do not understand what all the fuss is about, i had x btc last night and i have the same x btc today. who cares how that converts to the fake "20% printed in the last year" usd coin... stack them sats, think of them like golden nuggets, only 99% of the population has not realized the value of gold yet.
that's me right now
small dip in the road, nothing to lose sleep over.
looks like he is looking for the right moment to walk into traffic
im taking my cold wallet right into the coffin
oh we have not even *started* really crashing yet. we hardly touched the local low.
just buy more lol.
i never understand why people sell, the price will always go up
bitcoin grows where water flows.
these flash sales are sweet
just buy the dip!
that is the way the cookie crumbles.
i went on crypto twitter earlier... holy shit this is a bubble. tons of people who know dick-all about crypto mad that their "free profit" coin isnt working. these types of people dump the second there is any bad news. hence the 300 billion value drop.
i just look at it and i’m like… oh i’ve moved back to where i was in april….
i am just afraid of this market whether wall street greedy mother fcukers come to manipulate the bitcoin price. just very very concerned about it. i know how greedy are these wall street and hedge fund guys are
the gif is worth selling it as some nft at sotheby´s - that guy does not give a single fuck and i respect that. as for elon´s tweet, it´s an attention-seeking move that worked (it got attention), didn´t surprise me at all given his previous tweets but makes tesla as a company look bad, non-trustworthy imo. i mean... will they accept btc in a couple months again and just keep swifting with the tide? just improve the low-quality interiors of your cars + massive quality issues and then you might get the good kind of attention, enough of this bs.
this is exactly how i feel and i’m not much of a vet, but i know how this works. with that being said tho, do we think btc will rise above 60k again? ever?? 😅
that man is 100% vietnamese
let this be a lesson, do not let dumb fuck celebrities affect our market. we control the market and should not be scared of tweets.
why is that old garbage song playing in my head now?
i don’t have a lot riding on btc so it could fluctuate 20k and i couldn’t have less of a bother. money that burnt a hole in my pocket is now tucked away in what my simple brain believes is the futuristic savings account of the future. light me up that cigarette pals
diamonds are formed through pressure. definitely forming diamond hands rn. i learned the hard way about paper hands.
boycot tesla till he accept crypto!! share this post
already a year in and i’m a dip addict (buying the dips of course)
i wrote my portfolio off long time ago. anything else is just a bonus
if this ain’t the truth. this is literally how you feel after a while in bitcoin.
why sell and add to the stacks of institutions
this but it’s a joint
"ok now i create binance"
good time to add today as i got paid ! another position open in polygon !
the most recent dip was nothing compared to previous sell offs.
ah it’s different this time man. there’s so many people involved now and a space man🤯—like a real life space man. i bought some btc 2 years ago and ignore my account and then it was there for me. of course i’ve bought alt coins because btc was an “alt currency” too. i got all the pop crypto because it all grows, but it’s harder to ignore my wallet this time. just being honest😅. i’ve considered uninstalling because i can afford to lose it! remember rule 1🙏
in 1200 so it doesn’t matter 🤷‍♂️
this is hillarious. what a champ!
this dudes pimp, he is my freaking hero. it's like when you see a guy with pj pants and a ripped shirt walking the side of the road without a care in the world. you know that dude has reached zen status.
for some reason i read "vietnam" instead of veteran
can someone please make me a cartoon with elon musk and trump in a cage with a sign that says “don’t feed the narcissists”?
legend! i'm planning to start investing too and hoping to make a good profit! yay
this actually gives me a relief!!!
why this scene, the lights and the rain is making me remember gta vice city 🤔🙄
i'm so so so glad i joined this group. i bought my first bits of bitcoin a couple months ago, so naturally i was freaking out about all the dips. reading through the experiences you've all had with past dips eases my mind. thank you! i'll continue to hodl.
i was lighting one up as i was walking across the street.
i’ve held through 20k back down to like 3k and i don’t plan on selling anytime soon.
now do one for people who are just getting crypto so they can buy some high quality weed
i cannot wait that shit to go down at 10,000 or even less. i'm'a buy iiiit!
i may have lost 20% of what i have had in the past but i'm still technically positive
act like you have been there before.
in all seriousness are you not worried about pulling out as soon as you can when the bear starts? i originally planned to just go red and not worry but have been recently convinced that i'm dumb if i do not try to protect it during the bear.
the absolute zen of being in the moment 🙌 🙏
we were thistracted by snl ... he seemed like such a nice guy 😳
it do be like dat tho. 🤣
and smoking a cigarette that dude is a bad ass
where's the noob hodler reporter fighting against the wind and tumbling?
i feel attacked haha
me. only been in it since february though.
i do not know how one can stay calm during a dip, when one can hysterically buy the dip ...
i got in on eutherum classic when it was cheap. i literally do not give two shits what that graph does. gunna let that sit like a retirement fund. hell, if it stops to my purchase level i'll definitely buy more!
is it the 15th yet? i got thiscounts to buy.
lmfao. i love it !
how is he smoking?
oh shit bitcoin is on sale lmao time to buy the dip
hard as a rock!! like my dad used to say you aint gonna melt!
it is all water.
all this talk about decentralized finance is the future but they center it around elon. smh.
southern chinese be like
i'm just here to average down and use nichhash to mine to get more bitcoin.
if support at 47k breaks, we're looking bad
damn right, this storm am not nothing and i survived the last one.
my motto is if i am in the red i just go to bed. hodl
somewhere in china i suppose
that’s alibaba ceo jack ma before becoming rich
he even had 2 ways in plan based on standing, waiting to see which side will green go first. pro!
june is when the post halving benefits may kick in. if it dios after that below 2nd support, then i'll adjust my plan but only after confirming long term v short term gains. taxes are a bitch!
major coins are on sale right now. keep buying, your future self will thank you.
question is, do we buy or not to buy right now.
i say this every day if you do not like roller coasters now's the time to get off the ride
plot twist: he is walking into traffic to kill himself.
that is awesome man :'-d this one sent me to my grave
hahahahahahahaha holding now like a champ, on sale in pancake swap
it’s definitely going to get worse. silbert started a fight he can’t win.
not a veteran by any means, but i am really pissed right now. the prices are down and i do not have a spare 100 bucks to put into anything. just so frustrating, i swear.
...then he gets hit by a truck...true story
how do i explain this. when you buy in at 5000 for .1 youworry and check prices, then the shit goes to 20k, and youre eyes pop out , then its a 50k next time you check btc, then 60k a month later. when it drops back to 50k...so what who cares? shits nbd ...this cycle continues over time
i survived 2017. this is child's play. if anyone's been waiting for a entry point this is it.
don’t sell, just buy more.
weathering the storm like it’s not even there i love it
"pro" tip: unless trading is your career do not look at you portfolio every damn day. i am a long term investor - if dips phase you out, stick to a savings account. i personally bought some more crypto and stocks that i believe in on a thiscount - that is what dips are for (no, i am not holding gme).
👏🏽this 👏🏽is 👏🏽so 👏🏽good👏🏽 to 👏🏽me...and is me.
hell no the veterans are rich!!
anime anti hero vibes. hes just watching the big battle and once it finally starts to mess with him he throws the cig and joins the fight.
that’s right weather the storm no matter what the worldly clamors
how long do i need to be hodling before i'm considered a veteran?
the gif is hilarious and 100% accurate
i'll worry about what my portfolio value is in ten years or so. if you hold crypto long enough, eventually volatility will mean nothing and have little effect on you anymore. that's also why trading options is way easier now too lol.
this is my first correction, having fun
the real question is: is he a millionaire because of btc? i mean, in real cash money, not in usdt...
never sell. take a loan out on your btc. the loan is tax free, pay off the loan while your bitcoin gains value. rinse and repeat. have your cake and eat it too boys.
sold 50 bitcoin back in 2013. this is just a golden opportunity to buy more since nothing hurts worse than that.
this is exactly how i'm feeling right now!! hold!!
literally me lol. 2017 killed any bit of emotion i have in the market
buy it all the way down to 3k then ride it back up again! bitcoin is the best roller coaster ever.
me reading the bitcoin standard 📖
jajaja this is me my diamonds hands 🙌🏻💎💎💎💎💎💎💎💎💎🦾🦾🦾🦾🦾🦾🦾🦾🦾🦾🦾
the fact it’s still lit is the real boss move
damn right and we love the effing storm too
esa es la actitud.
stop crypto, start bitcoin.
at this point i’m numb to the dips, my only regret is not buying more. the dips or whatever, we’ve been here before and now i can literally buy my dream truck fully loaded with 1 bitcoin, just a few years ago i bitcoin was less than a . 5 years from now we’ll be able to buy a home with 1 bitcoin. 10 years from now...who knows, we might be set for life. hodl till your dreams are at hand
how is he smoking?!?!?
if elon wants to acquire more btc at a lower price point what is his best course of action? or did it already happen? buy the dip and hodl.
how can any long term holder be anything but impressed by btc this year.
i’m just glad someone understands me.
i figure the more of my money i put into crypto, the less i have sitting around to spend on fast food and other pointless junk i would not care about in 10 years anyway. it's helping me save for when i have something worthwhile to dip into it for.
in the past year, some listed companies that recently "bought" bitcoin reported strong growth earnings in the first quarter of 2021. square, which owns , reported a 79% year-on-year increase in quarterly gross profit, double analysts' expectations.
he must be a shiba inu holder when 1b worth was sold 🤑🤑🤑
well i deleted my apps so i don’t have to look! until next time 👋
i'm happy this is crashing !! it deserves to be has it is the king of shit coins!
i sold all my bitcoin last night cause i was just losing money, i only had .
yea because they already milked bitcoin for what it’s worth and all the suckers are buying and your day trading it lmao
i'm a medium veteran... but this time it hurts. it was supposed to go to the moon and here we are... on the toilet again.
missed safemoon? check out space soldier finance guys.
if you are afraid about your crypto investment, you are doing the crypto investment wrong. as soon as i buy the coins, the money i paid for them did not exist. come back years later and see the outcome.
the trick is simple - think through every scenario and decide ahead of time what you'll do. then do it i know what i'll do in every (broad) scenario, i've thought those things through logically based on my risk tolerances, goals, and invested amount, and those are the best plans for me either you think btc will increase in price from here, or you do not. if you do, buy and hold. if you do not, sell and find something you believe in. anything other than that is just gambling (and probably badly)
i think the biggest mistake people make when they trade fiat for crypto is continue to value the crypto in terms of fiat, as they would a share of stock. 1 btc is worth exactly 1 btc now and always. 1 usd is with less now than it was just a few months ago.
be sure to zoom out on the charts! think bigger picture and stick to your plan! wish you all the luck. i will see you out there in the trenches.
i said to myself after dollar cost averaging for years…... when this thing goes where it’s supposed to i have to be comfortable watching entire yearly salary fluctuations. not quite there yet but it’s getting there. but it’s whatever. like lord saylor says…. it all depends on your time horizon.
the supreme rules are as follow: 1. don't invest what you cannot afford to lose! 2. always diversify (pretty much applies to everything, even your diet) 3. hodl and profit!
veteran hodler here. don't be afraid. your fear watching your portfolio go down today will become rage for not investing more in the future. just do not sell your house to buy btc, lmao.
i bought crypto for the first time yesterday as an excited little camper. i kid you not 1 hour later elon tweet. the stars literally fucking aligned for me with elon tweet, vitalik donation, and shiba coin. i’m in it for the long term but fuck was it instantly demoralizing.
saw his twit right when he posted, and went to buy without a thought, bought at 53k. then put more money into the platform, felt like there would be some longs liquidated, bought again at 47k. woke up this morning and bought again at 48k as i was on the phone with my buddy. wonderful days :)
just what i was saying to myself, sunday can be a brutal outcome, no worries it is almost monday.
same shit. i am gonna have to hire someone. the cost for that has to be less than paying zero cost basis at this point.
just move to puerto rico. no capital gains taxes there i’m told.
do your best to figure out your basis and declare + pay taxes on the amount you come up with (by entering it into the appropriate box, no documentation required) - and 99%+ probability they simply accept what you told them and that’s it. if you’re in the unlucky < 1% then they’ll send you a bill. if you’re ok with the amount they say you owe, pay it. otherwise - ya, now you need to hire a professional and figure out your actual basis. tl;dr the tax man ain’t as scary as everyone thinks
just use bitcoin.tax. imports all your trades in through the exchanges. worth the purchase imo. been using it since 2015. automatically imports into turbotax too.
borrow spending money using your bitcoin as collateral. you don’t pay taxes on a loan. basically a reverse mortgage, but with bitcoin. perfectly legal. this will work for some people’s scenarios, and not others.
check out cryptotaxtrader, i hear it calculates all your movements on all platforms for you
i didn’t check the price since i went to bed last night and saw these posts and comments and was like damn we must be in the 30k’s... nah, just stuck at 50k lol
made a post last year about jumping in at 10k and hodling through , if i didn’t sell then wtf would i do so now
i like seeing dips, i believe this gives the opportunity for beginners to rewind back to a couple of months ago
i bought my first bitcoin at . obviously i wish i had bought more. i knew nothing back then.
exactly, i started dcaing back in september 2020 wondering if it is too late. the funny thing is i had enough cash to buy a full bitcoin but who knew. same goes for the march 2020 crash but guess i was too scared to act then because didnt know what was going to happen with the pandemic and thought the world is ending lol
in at 300, this is just a light drizzle.
how is that cigarette still lit??
i got balllss of steel
people who do not know what crypto crash is are in for a rough ride. some will panic sell and this is how others make money in the market.
i've been in since early 2011 and it is just a bit annoying to see a single tweet have this much effect. other than that, meh. don't care.
honestly, it is 1, 1, and 1, and looking back one day with regret.
always hodl, this is the way. buy the dips, keeping adding. you will be fine. a fellow hold'er since 2017.
my mindset of "this is all lost money anyway" is the most rock solid thing in my life right now
dude it was at like 47k like last week. there's nothing to worry about
never invest more than you're willing to lose. never make kneejerk reactions, and finally, never give in to fomo.
what storm? this is a sale
i held through 20k and kept holding and the got weak and sold at 6k, like literally the bottom a couple years ago. 2 btc. i mean i had bought at like 1k so 10k profit is not nothing, but that is 100-120k these days.
all you need to do is sell a fat stack once and then have bog phone in the the aliens to pump it 10x over the next week to smite your paper hands…. it will carbonize them into diamonds and eventually you’ll be even more scared of selling.
math checks out. legacy systems are dying. i'd rather hedge my bets.
its just a good time to buy, is all.
it’s only around a 10% drop. i don’t see why people are freaking out - stock market does this from time to time too. all the coins are on sale right now that’s the exciting part!
true vet, seen some sh*t. *highfive*
lol this comment. is this why i’ve stuck around bitcoin the whole time? to feel...something? it makes sense... i’m cancelling my therapy session this week
i sold 3k btc at 10. never again
i sold 3 btc at >\_>
the big dip was slow and happened over time. this is nothing like that. i set my doomsday price sell order and weather the storm
pump like a dragster
i didn’t even know it was raining
yeah, it is always a bullrun for bitcoin from the start.
i want to buy more but i have already invested my whole money in it.
60k is absolutely paltry compared to what btc will eventually rise to.
or boycott tesla because elon is a twat
were you going to buy a tesla in the first place?
i've been a dip addict for years. (hommus of course)
i read it "dick addict" sorry
hodl through at least one halving cycle.
well that wasn’t very intelligent of you.
don't invest what you cannot afford to lose i'm lucky enough to have a bit of thisposable income, so i just chuck in £20 or so every month. it's like watching sports when you've got a bet on, it just makes it that bit more interesting haha. i'm invested in the future of crypto, this is not just trying to make money for me.
this guy cryptos 😏
shit, to me it’s no different than turning water into ice. that’s all crypto.
you say that, but when that amount you can afford to lose grows into something potentially life changing then it can be emotional watching it go up and down. in dollar terms i have lost more money than i've ever lost this week. in pretty diamond hands at this stage but it is definitely more emotional when you're looking at more money than you've ever had before.
after what happened in 2018, i think that people have reasons to be worried. if i lose the money invested in cryptos, my life would not change, but i still do not like the idea of losing it.
my strategy is simple. if it is green i fomo and buy. if it is red i panic and sell. buy high sell low baby 😎
btc is the type of asset to either be worth ,000,000. there is no inbetween. it either provides value to all people globally and exponentially, or it is worth absolutely zero. a global asset that is working at this scale would not just simply stop appreciating at say .
it’s a great self-control challenge that just might teach you something about yourself, make you some friends along the way, and then in the end you realize that good health and wise ways are the true treasure!
fud is what will ultimately doom bitcoin. it's too late now, because the fud is coming for your crypto. be very afraid, and trust the government paper, peons!
not so easy. you pay all your gains taxes the second you move there, their no tax policy only applies for trades after you move, not prior. its also a legal pain in the ass, you need to pay off lawyers, make donations, etc, and they can change that on you anytime they want.
i read the gains made *before* going to peurto rico are still taxable. even if you did not sell.
you'd have to go back in time and move to puerto rico before your gains.
paying taxes is immoral when your government is as fucked in the head as mine. i’m not trying to facilitate genocide and shit.
i love sending my money to the gov! they use it for horid shit like b\*\*bing kids in the middle east!
it's not just the price of btc. it's the whole market manipulation by one man that has bipolar tendencies
lol yep. every time for the past few years that i've seen apocalyptic dip posts hit my feed, i'm opening up bitcoinity expecting some -70% nuke like in the old days. then it is like, oh no, it is fallen to where it was 2 weeks ago
right, this post is a bit dramatic lol.
my experience exactly... then i looked at my alt coins...
same deal, we’re btc brothers. what i don’t get is who tf would sell reflexively in that situation? it’s the only way to guarantee losses. if i’m down 70% in a crazy flash crash best believe i’m going to wait and see what happens. not just dump and lock that shit in. i already spent the fiat. i understood bitcoin and knew the tech hadn’t changed. the huge decentralized network was still there. i’d much rather just hang on, buy a bit more, and see what happens. the thought of selling at the bottom of a cliff just gives me the willies...
this is the way. i bought in at 17k in 2017 and held it.
you get the pattern, it doesnt fucking matter what price you buy. also what a fucking chad this dude is; balls of steel
was still an unfounded tech shunned by most institutions then. you made the right risk assessment by not going all in. i am in a similar boat. now we know it will go up much higher, though, right? hold on :)
i mean i wish now that i did not sell at 35k (when it was taking a nosedive just before that tesla buying btc announcement) when i bought at like 25k and watched nothing but red for couple days at that point... wanted to do a bit of day trading and it bit me in the ass as the next day it just went above 40k and never dipped down after.
because it also hodl the flame
cigarettes have a seemingly unreal quality of staying lit in the rain.
particularly relevent now youve got real money players invested in the game... they are going to shake people down like crazy over this period.
that's true, but there is alot of fud going around. sometimes it seems like there is a concerted effort to kill the crypto movement.
well it is the community fault to give this individual in particular, so much power.
and 100% reason to remember the gains (sorry)
it should be 100% not giving a fuck. only invest in crypto what you can afford to lose, and forget about it. i go in with a long-term investment mindset: 5-10 year horizon. i haven’t sold anything i bought so far.
for me first time 100% hadnt sorted any good way of selling ;) second time i sold, but not all. scince then fiat spending power has tanked, bitcoin and others shot up saving my "savings"... so as long as it doesnt fall like 5% year on year in year there is no reason to sell anymore.
and 100% reason to remember the name
it's mostly laziness. my trezor is all the way upstairs sure.
yup, yup, and more yup.
also a fear of missing out on the uptick.
back in my day i held from 12k down to 3k and people were calling me insane for still buying more at 3.
so much this, i sold a bit once upon a time for decent profit (because it was needed) but now i'm always doing the mental math of how much more that would be worth today (a whole lot more). that and i do not want to even try to figure my cost basis.
i hate doing taxes. when you sell, you have to do taxes. i’ll probably sell when i’m on my deathbed, just to stick my descendants with the paperwork.
the laziness is all facts
none of those are good reasons tbh but if it works for you
all these time i keep thinking 2013 hodlers as the veterans, did not realize 2017 was almost 5 years ago
exactly. i just assume i will never see the money i invested again. it exists only in my memory (and in bitcoin)
i lost 100 btc by wiping a hard drive in 2010. :-(
care to explain how it is delusional? it makes perfect sense to me... if you bought 1000 shares of x company and it is value correlated to ... and tomorrow it is worth , you still have 1000 shares... so hodl and in a year (or ten) those 1000 might be worth ,000 ... seems simple enough. but more importantly, you'd still have those 1000 shares then, and in the time that is past, all kinds of new amazing things have happened. the % of the buying power it did 20 years ago... but your 1000 shares (okay, its btc, you got me...) now have more buying power and you can spend it directly for goods. to me, a defi currency that has no army or government printing.
imagine buying the euro and planning for it to be the new world reserve currency. that’s all he’s doing, but betting btc will be the new world reserve currency. realistically, it’s not going to be the world reserve currency unless they figure out the energy cost thing, though. it will temporarily dump the price if they do, but it will help in the long run.
ty! 🙏🏽😁 i agree. i’m pretty good with my instinct. i guess all i can say then is thank you bb j for this awesome spring sale 📉📈❤️
i’ve been a dip addict for decades. (chewing tobacco of course)
addickted to the dips
ok. i guess i'm not a veteran yet.
if 20 becomes 200, dont you regret putting more?
nothing easier than not to invest. you understand you are entering volatile environment anyway. can it go wrong? sure. is the potential gain worth the risk? you decide. just dca and invest what you can lose and you are golden.
government will have our back when we’ll be old and broke.
sounds like a long term strategy to panhandle. good work.
🤣🤣 this is the way
expatriate on the dip, got it
wait, how they gonna tax me if i don’t sell?
i thought if you haven’t sold then they were unrealized and not taxable?
just declare bankrupcy before going
so what if i have a family member who lives in pr... can i have them sell crypto that i send to them and avoid capital gains if they wire the gains back to me on the mainland?
renounce your us citizenship before selling
not sure where you live, but i heard from first hand(department for taxing) that they basically have 0 tools or equipment yet to track cryptiinvestors. other than coinbase not many other companies report to governments.
how is china this time of year tho?
that seems like a rather convenient (aka bullshit) stance. so not paying taxes is a moral thing, right? it has nothing to do with you wanting money, right? i'm not faulting you for greed. i'm greedy too--i like money. i prefer having more of it. everyone does. it's natural. i'm faulting you for bullshitting. just say you like money, not that you're taking some moral stance.
cool, maybe some people will learn a lesson about cults of personality.
sure, i support and acknowledge that. bitcoin was just fine before elon tweeted a couple months ago; then it went up as his followers joined; now they are gone and we are back to where we were. will his tweet affect bitcoin holders that existed before elon’s flip flop? that’s the question i want an answer to
is it just me or someone else also noticed that elon's tweet could take the price up but not so much downwards? so btc has an affinity toward going up. what are we worried about?
honestly, they can manipulate the usd value of bitcoin, but it is true value proposition remains the same.
what happened to the markets over the last new days?
get him back buy selling your tesla share s. we are all frustrated by elons bullshit .
i wouldn't call biden bipolar...
you mean... paolo? 3.87% backed!
people only call it market manipulation when price is going down
i don’t have that much problem with musk, but i’m not a fan of him being an “authority” in a micro-economy that was trying to get away from that. i also don’t like the sharp reversal in his stance on something that was commonly known long before he got involved.
a lot of people that sold during that bullrun were new to crypto and certainly new to trading in general. people were taking out second mortgages on their house just to buy some. they got hit with the mania. of course they bought at the top and sold at the bottom. they were trying to get rich quick...at the top lol. they bought something they did not even moderately understand.
dez nutz ??? are diamond nutz !!!!
correct sir. i personally expect a lot more fud down the line. then btc magically flies, all mm will praise it to heaven and we will see what will happen.
obviously, current structures do not want any thisruptions. they have all those scams going already.
true. just goes to show how small bitcoin still is.
sat erosion is my new phrase. brilliant.
then just keep them on the exchange? how do you guys do it?
and 1’t want to pay tax
i see what you did there...
thank you for this lol
oh yeah that too
we need you to be more specific. seed phrase included plz thx. ps - we've also been trying to contact you about your car's warranty.
oh really? conviction isn’t a good reason? really? what’s a good reason megabyte? enlighten us.
they were the lucky ones being on it so early, but yeah, its been a fun and wild 5 years.
you are breaking my heart
i understand the value of btc and decentralized currencies. what i do not understand is why coiners are always fooling themselves into thinking losing money is good. right now, and many years to come, btc will be anchored to the usd just like every other currency.
better than nordstrom on labor day, baybee! 🕺
my whole generation is a dip addict.
i've never even heard the word dip used in that context.
we are all dip addicts because we believe it will bounce back.
well yeah but when your 200 becomes 20... well fuck
nope. dollar cost average. i just invest what i can afford across multiple different things. bitcoin is just one such thing i invest in. it's a psychological thing too, for me. if i dump in £20,000 and it crashes and does not recover, i just lost £20,000 on a single trade. if i invest £20 once a month over a period of several years, and it crashes and does not recover, it does not *feel* as bad. at the end of the day i think bitcoin is a very interesting and exciting experiment, one i would like to be a part of. that's all.
not being able to gain more money is kinda sad, but way better than losing your life savings
i keep telling my friends . shit .
when you move out, that triggers a sell of all your assets according to uncle sam. they own you, they got you by the balls.
i read it in at least two sources. forbes says you only pay 5% capital gains tax for the appreciation before you move. that's still better than 15 or 20%. "no long-term capital gains tax on appreciation after you become a resident. 5% tax on long-term capital gain for appreciation before you move for any sales during your first 10 years as a resident." "then, the capital gain must be puerto rican source capital gain. ...only the portion of the appreciation that accrues while you’re a bona fide resident of puerto rico is puerto rican source. "
puerto rico is part of the united states. they are us citizens.
i hear they got some nice well ventilated camps
could be isreal or even fucking us also. genocide is genocide regardless of scale.
nah i'm with him. fuck israel.
all it did to me was make me respect him a bit less.
i just know shits on sale right now. and if it falls more. i'll buy more. i'm a simple man.
no. one man, one company, a drop in the ocean compared to the growing number of large participants that are leaning the other way.
he was talking about elon who also isn’t bipolar if anything he’s an aspd but i highly doubt he has any mental illnesses besides maybe maybe add which would explain his iq, but otherwise he’s just a lucky rich guy manipulating markets to get richer
and the market decapitated them. that is fair take though. if they were dead broke and all in and watched a steady 70% drawdown over a year, many probably had to sell. my thoughts weren’t taking that ridiculous position into account but that’s valid.
sorry to sound dumb, but what does 'fud' mean? i'm learning the ropes. i'm new to btc and have not purchased any yet - but i'm not deterred by this. might watch it bottom out a little, then buy in as i get a feeling it will recover. it seems to me (someone who knows nothing!) that the environmental scare is not enough to topple crypto (even by musk's own admission, he believes crypto in general is the future). my prediction is that btc will lose some value, but its status as the 'pioneer' will keep it in use. i also doubt that something as surmountable as energy efficiency issues will keep it down forever. long term, i think it will flourish.
read his name dude. get a hint.
no man. move to some sort of wallet, even a paper one of you have to. the fee sucks, especially now, but it’s worth the piece of mind. not your keys, not your coin.
analytics, research, __fucking balls.__ knowledge of the technology.
time in the market beats timing the market, and it will happen again. keep stacking and see you next halving
you're contradicting yourself though... if you understand it then you would be less worried about bitcoins value as usd ... and not worried about how much you actually have. i have not lost anything... i have the same amount of bitcoin i had before the dip... if i'm not selling it for less than i bought it, i've not lost anything... and to be clear, i have absolute confidence that it will one day have more buying power than it does now. but i suspect that is where our opinions diverge.
it's clear you have a lot to learn about basic economic and currency structures - yet here you are telling people they are delusional. slow clap.
haha yep, unfortunately foresight is a bit rarer than hindaight
good for concentrating in
i actually thanked him! buy the fucking dip
you cannot support bitcoin and ignore the environmental impact. he was not saying bitcoin was shit. he was just saying he will no longer accept the very energy consumptive payments. if anything he is just giving y'all another chance at a cheap buy in. he's good at crashing prices to make it so more people can get in. exactly what he did with tesla stock when smoking on rogan podcast.
exactly, i was a huge fan before, not so much nowadays. still a fan of spacex though.
he has aspergers. he’s said it himself.
fear, uncertainty, doubt. you are right in your assumptions. also mind you market crash will come, it is inevitable. will erase %+ of the btc value. then you will know what to do.
you have a point there sorry! still trying to figure out how to stack satoshis without the tx fees killing half my portfolio
let me help you out.
see you in 3 year buddy.
number one rule buy the dip boys i threw
ahhhh yes i'm sure he has everybody else's interests at heart when he does it. to help newbies get in and stop funding the few minutes worth of btc transaction fees accepting payments for his cars might have added. i think his ego is getting the better of him and he is just enjoying moving the markets at this stage.
what blows my mind is in a short 3 months he bought and sold the btc. like you did not know it was bad for the environment elon?? this is not news lol. what a reckless decision.
oh just stop with the environmental bullshit. the guy that truly cares about the environment does not launch rockets into space
except the way the environmental impact has been thiscussed has been thisingenuous. people keep citing completely bunk statistics from one ny times article and brushing aside people who thoroughly debunk these claims. for one thing there is no “energy use per transaction” for bitcoin, that simply is not how it works. second the “energy use of a country” thing, it’s less power than gold mining, the fed and visa each use individually, and does all three jobs. it’s also comparable to the amount of power the world uses on christmas lights... . third and most important, the thing that has been slowing down green energy is the problem of making it profitable after having to move the electric over long thistances. the opportunity to mine btc at the location the power is generated makes the development of new green infrastructure economically viable. i’ll leave that simple but there’s more to read about that. so yes it’s a conversation to be had, because it is an opportunity to change how we produce power. that’s what need a to change. we need green power. not to stop using power, that just won’t happen.
>you cannot support bitcoin and ignore the environmental impact. not only can i, i do. everyone ignores the environmental impact of their hobbies, why should i be different? unless you're amish you do not get to judge.
yeah bitcoin uses too much electricity! that's why we at tesla build cars that are powered by ele... wait a minute...
his car batteries are created from lithium mines. his cars are charged from the grid, powered by coal. fuck that. he's a hypocritical asshole. he's only publicly stating what he did so he can continue to get handouts from the feds for "being green."
are you saying that you expect a big crash? i've heard there is in impending 'crypto winter' but i do not really know what to make of it. what would you do in the case of a crash? hold on to your coins?
gemini has 10 free withdrawals per month. if it’s long term you can buy a hardware wallet and move it there.
honestly if the tx fees are affecting your stack that much, your stack is small enough to keep on an exchange. the exception proves the rule.
yea, that is terrible & the last thing you need.
look forward to the next halving.
yeah dudes an asshole
what would he need to do to convince you that he had humanity's future in mind when he did things? i mean... that is what he says is his primary goal, so clearly you think he is lying. fair enough, but if "he is lying" is on the table then supposedly *anything* he says or does could be explained by "this is a deception" so. is there anything he could say or do to convince you? i have no strong opinions about elon either way, i'm just curious what you think :)
he did not sell it. he says he is not going to. so he is hodling and apparently the market thinks that is a bad thing.
reckless to stop accepting btc? lol what's reckless is investing money in crypto you do not plan on losing completely. btc was a good start to crypto but it is a dinosaur in an age of dragons. eventually it will need to update to not be so bad for the environment or it will crash to .0 because people will stop using it. this may be after it hit . never have money in crypto you plan on actually seeing someday.
not really true. it’s a long game, humanity in the long term needs a second planet. you could argue the tesla’s lack of carbon output counteracts the spacex rockets
ok i’m with you on the environment bullshit, but launching rockets into space is *surely* not a bad thing. like have you ever heard someone say “fuck nasa! we don’t need them! they’re ruining the planet!” when the research and thiscoveries they find could be impactful later on in humanity.
i have similar hobbies obviously, since we follow the same reddit. bitcoin is a dinosaur in an age of dragons and will eventually need to change with the times. a single transaction is equal to the energy to power a single household for 24 days. i'm not saying do not use or invest in bitcoin. i'm simply agreeing by saying the energy it uses is outstanding. i have bitcoin, but using it as a regular form of currency is just not practical
i have been saying this for so long i fucking hate elon musk
so let us get this straight, he preemptively buys bitcoin, announces tesla will take them pumping the price up. sells at the top. now he cares about the environment...i have a bridge to sell you
he could start by paying his fair share of taxes...
damn y'all elon stans are pathetic
why would you think one man worth that much money gives a real shit about your financials...he wants to go to mars...how do you do that?...make more money...how do you do that?...capatilsm...how do you do that?...shit on the little guy to make a buck. i dont think mr. musk is too concerned about who is holding what...its about him. the latest btc comment is to appease the "green" demographic who buys teslas in the first place. i say goed.
personally i think he knows bitcoins uses mainly renewable sources for energy but he was threatened with delisting of tesla stock at several eco. besides he probably bought the dip he caused privately...
in addition, i have a feeling tesla’s feeling the chip shortage and maybe by backing off bitcoin it could help lessen the demand.
there wouldn’t be an answer. most people appear pretty bunkered down on their beliefs, questioning the “what would it take”, and the “what if’s” doesn’t really happen. especially with something. he’s either the second coming of jesus christ, or everything he does is to deceive, and pick your pockets clean, whichever it is, it’s very well obvious and anyone who says otherwise is an idiot. that tends to be how it goes. it’s as if he’s not fallible in any way.
oh is he not selling the reserve? thought i read he was. i know he is not accepting btc anymore but i thought he was also selling the reserve. regardless it is still just insane to me what he is done lol
he literally sold 10% weeks ago on the top
take this negativity to the loser's reddit page. ofcourse it can crash to ...so can a lot of companies you invest in stocks. it's a concept called risk...and when you lack thereof, you get little return...look how "terrible" fossil fuels are...do you see oil stocks crashing to ? grant it, it is a tangible commodity. but if you basing btc value off of energy consumption i dont agree with you. the crash will be politics and regulations...not a green initiative. if i am wrong then everyone should be driving an ev...based on my nio stock, that is not the case.
i could also argue that his cars' batteries are pulled from lithium mines and his cars are charged mostly from a grid run on coal. it's all bullshit
i'm talking about elon since he is so conscious about our environment
>a single transaction is equal to the energy to power a single household for 24 days four hours on a packed commercial jet is a metric ton of co2. four metric tons of co2 gets each passenger in the top half of the world's ghg emissions. how many house-days is a ton of co2?
nice. what about some ocean front property in arizona?
did elon sell any of his? (did not see this)
if someone were working hard on nanotech in order to extend healthy human life by 100 years but then also did something kind of shady to make a quick buck i would not think that immediately negated all their work to make me live to 180 years old. good people do shitty things. shitty people to good things, and every other mix of those two extremes. it sounds like op is firmly in the "elon is a shitty person" camp so i'm wondering if there was any thing elon could do that would alter op's perception. that's all :)
who said he sold? tesla did not sell. you're oblivious if you think that was elon and not whatever bots detect elon tweets or even ai that knows when events starts and pulls the rug at important times. when was the last time good news happened and it is reacts how you think it will? almost never even without elon.
do you pay more, less, or exactly the taxes that you owe when you do your own tax returns?
who says he does not? i mean, call the irs if you think he is cheating, i'm sure they would love to know.
buh-buh-but daddy billionaire says he loves me?!
i actually have no strong opinion either way, was just curious what would change op's mind. i would have asked a similar question if he had stated the complete opposite viewpoint :)
thank you for your valuable contribution to the thiscussion.
which is exactly why i'm so fond of the "what would change your mind" question. it helps a certain sort of person see that the argument being made is not the *actual* reason that the belief is being held. it cuts past the layers and actually helps foster productive dialogue by getting closer to the *real* reason for the belief.
i suspect he knows exactly what he is doing and he is going to buy the dip. he has no respect for the sec, he said it himself. i would imagine he loves knowing he can manipulate crypto so much.
i mean in this most recent announcement. he says tesla's not selling, they are just not accepting it anymore. but it is elon so who fucking knows.
well i hear you... but also factor in he started the revolution of electric cars being mainstream. (i think). and also (i think) this is super impactful on the environment in a good way. so he has *some* kind of leg to stand on, but other than that he’s a fucking asshole in my opinion
as long as you throw in the golden gate free i'm listening...
apparently due to climate change [arizona will someday have some ocean front property ](
the panama papers showed he does not. the irs is for poor people not rich you clown.
better get in early then.
can you cite the specific part of the panama papers that is evidence musk does not pay his fair share?
i am not paid to teach random strangers how to use google. send me .005 btc and i'll spend time showing you.
you could just admit you were lying. there's nothing in the panama papers showing musk dodged taxes. trying to get money from lies is just you embarrassing yourself.
which of one these proves elon musk does not pay his fair share of taxes. there's no indication that any are related to him at all.
you want to owe me another ? pick up a fuckin book and use google.com to help educate yourself kid. pay me.
i do not owe you anything and you have not provided any evidence of your little conspiracy theory.
there is no way you read what i linked to you. he is routing money through the bahamas through his fraud llc's. you're so fucking stupid. until i get my . stop sucking elons dick you idiot. you are part of the "fake news" crowd and a drain on society fuck off. pay me!
it's only bitcoin, you can always replace it!
this is one time i approve of not holding. hope your bestie is doing well.
all my love to beastie and you 🐶❤️😭🐶❤️😭
you have your priorities right.
you’re a beautiful human and a good owner. ❤️
i wish you and your bestie the best! sorry this didn’t happen at an ath but i wish you the best fortune in the future
that’s what it’s for. good on you.
you are a good human.
well done ma’am you’re a good owner and your dog is lucky to have you.
send me your btc address. i’d like to contribute to your bestie’s treatments (or you can use it to start rebuilding your stack).
no matter how valuable bitcoin gets, your loved ones are always more valuable. good call, queen. best of luck to your bestie!!!
would have done the same for my last dog
great move. hopefully you can swap your next fiat paycheck back into bitcoin
no amount of money can replace that bond and love
they are only a part of our lives while we are their whole life. i miss mine.
you are a good person and this is absolutely the right call.
had successful radiation for our 5 year old (at the time) pup a year and a half ago. i spent a month out of town living. she is alive, healthy, and happy today. it was well worth it. wishing you and your pupper the best.
some years ago i had to cash out most of my btc for my beloved pet's veterinary care. she is gone now, god rest her little doggy soul, but the extra year that i got with her was well worth it. bless you.
lpt: do not overextend treatments. let them go when it is time and before they start to really suffer. all the best and be well soon little fur friend.
i cashed in 7,000 in bitcoin. every penny i had in crypto to pay for acl surgery for my dog in march. i can totally relate to this. you got this. i just keep telling myself its going to stay low while i build back up. currently at around
definitely one reason to not hodl. good job by you.
absolutely worth it. good decision 👍
hope your dog gets better!
to preface, i’d do this for my babies as well. but pet insurance costs 50 bucks a month. to any of those people who might be tempted to do this, that fifty bucks a month might make you a millionaire one day. because nobody should choose between their best friend and their future.
we always hear about "hodling" and "to the moon," but everyone's moon is different. thoughts and prayers to your moon. hoping for a quick recovery.
your dog must be a lucky one, i cannot save mine because of money problems, i still miss that guy he just left me in this world, i am glad that you are saving yours right now. good luck for the future.
this is how you actually hodl!! by hodling your loved ones.
lpt: if you need money and hold bitcoin, consider borrowing against it. your worst case scenario is liquidation (forced sell) at 10-15% less than what you sold it at. best case scenario, it continues to appreciate and you pay back when you can afford to.
man that is just good but i hope you will buy bitcoin again.
money well spent. i hope he. 🤞❤️
i had to do that once with my dog. unfortunately mine did not make it. i wish your dog the best, a speedy recovery.
wishing your furry friend the best
good use case of crypto !
dude i love my dog so much but i would definitely get a personal loan before selling my stash for my dog.
having pets for my entire childhood and the last 35 years of my adult life i can say for sure that they all pass away. the thing that most struck me was how quickly they decline once ill. doing radiation on an already old dog is well, futile. their metabolism goes so much quicker than humans (consider dog years) that once the diagnosis is made, it has been working way faster at spreading and will continue after the treatments. i am so sorry for your besties situation and i only wish that they are pain free and happy.
it's a good thing that you did for your buddy, i hope he will get good in some days. praying for him and i hope you will invest more in future, have a good life with him man, good luck.
there are few things more important than btc, but love is one of them. you did the right thing.
tbh, dunno how i feel about giving radiation therapy to animals. wish you the best and all though
my dogs dead if that ever happens. hope dog is better.
absolutely worth it! best wishes to you and your bestie :)
even legends need rest… you too op, ❤️
damn. i hope they get better. i truly do.
puppet is in my prayers man
i'm sorry to hear that...but if that is your guy...you dobwhat you have 2
for the culture. prayers brother.
many blessing to you and your pup, hope he gets through this.
glad you were able have that money for your bestie.
doggo is worth it, the way my doggo looked at me b4 dying i will never forgive myself for not paying for her treatment, even though it was a long shot.
dude i wish you and bestie the best of luck ❤️
worth every sat ❤️
a proper and nobel use of crypto, you and your bestie have my respect. may the bitcoin gods shower you with more sats
godspeed, little pup; get well soon.
fuck assets, your dog is more important. ur a good person
it’s for this kind of moment you had them. the very best of luck!
you do the right thing for your doggo. no question about it.
the best investment of them all. wish you the best.
sorry it had to come to this in the first place all the best
every cent will be worth it. get well soon to this cute bestie of yours!
this might be the only thread on this sub that is totally cool with not holding.
hope he gets well soon
you made the right choice, you're a good person. :) your pup is lucky to have you!
long live doggo! i would have done the same.
you know what they say, only pull out when you have life changing money. sounds like the goal has been met 👍
you sound like a real adult. adults do the hard things that they do not want to do. it's a sign of growing up. sorry to see you part with your sats but in hindsight, you'll always be willing to pay . you have my kudos kind human.
bitcoin is only a comodity. it can be replaced. good choice. hope your bestie is on the mend soon!
had a friend that bought some in 2013. needed a surgery in 2018 and they cashed out then. he had half his stomach bulging out, and cashed btc for his hernia surgery. i thought it was insane, but great that he had that btc!
this is the third time i've seen this headline.
you found your moon lambo
just lost my dog to cancer last week... if i had enough btc to have paid for radiation to cure her, let me tell you i would have in a heartbeat. our family is priceless. once they are gone, we'll never get them back.
rename dog to bitcoin, hodl as long as possible.
bunch of sob stories
talk about a bad investment 😭😭😭
put the poor fucker down
not wise decision at all, but you do you bro. take care.
op. you made a very dumb choice if you had other financing options, like an emergency fund. and if you had no other financing options, you made a dumb choice investing in anything before getting your emergency fund in order.
he lived his life hodl
should have just put your friend down. waste of bitcoin for very little gain. your emotions make your financial mind weak.
well, that is not very psychopathic of you! you must not be a true bitcoiner... i bet you're financially literate, too!
terrible decision. but that’s just me
excellent!! buy back as soon as possible…
first pet? it’s hard saying goodbye to the first one.
your pooch is your moon. i hope he gets feeling better soon!
lol thanks for dumping
that sucks bro but honestly just put her down and save yourself some money man old dog is only gonna break your bank and cause problems, save yourself some money say goodbye put the dog down man up buy a pup and get that bitcoin back
that is a worthy moon, mate.
you could have bought another dog. looks like it only has 5 years of life left anyway. but hey, if it makes you happy so be it. just do not have the what ifs a few years from now.
what a cutie 😍
this is my dude of the week, what an awesome friend.
been through a similar situation where my dog left me with thousands in emergency surgery bills. i did not sell then and wouldn't today. all you need to do is take out a loan against your stack. there's risk and a higher interest rate accounting for that risk. at best, you pay off over a year or two; worst case you get liquidated if the price of btc falls too low and you cannot meet loan-to-value requirements. the worst case is the same situation you're in now. starting from zero. not trying to be a jerk, but that is the reality.
it would be worth it... bitcoin and other crypto will save us! but dyor of course
i hope your bestie does great! i would do the same thing in a heartbeat for my pup.
i'm not religious, but god bless.
worth every sat. i hope your pal makes a full recovery.
all the best for you dog, mate.
this (and by extend my family) are the only reasons i could sell without a blink. good choice.
very cool. your feels goods will be to the moon.
i hope your doggo lives many more years and becomes known as the world's most expensive dog.
hope it works out.
this made me happy, all the best for you and for bestie.
even if it gets to 1 mil per coin in 10 years this is still worth it. good luck to you both
best of luck to you and your baby! they deserve this, paws up!
so you used your bitcoins for a wonderful thing... i do not see any problem here ... :) all the best to the doggo... woof woof...
all the best 😻
i feel you. wishing you the best.
just buy more when it crashes
❤️ best of luck to the little guy
you cannot put a price on your best friend.
hope your pup gets better and stays healthy and happy
do only good everyday
never been a coin better spent
did you at least pay the vet in btc?
a great bestie, if you need any guidance with crypto taxes koinly is great.
heart breaking, but you’ll have the knowledge you did all you could
someone find a better way to use bitcoin than for saving a life.
surrounding you and your bestie in all my light and love. i hope the treatment goes well!
now that is a solid investment. good job op.
hope she gets well!
good decision making right there. what a cutie!
pets should be covered under medical care
hold on for dear life. but not at the cost of a dear life
i'd give my left everything...from my kidney to my let nut to keep my fur baby alive...
may providence bless you with manifold btc for your kindness and selfishness.
you have a heart of gold mate
money isn’t everything, but if it can get your dog a few extra years that’s worth every penny. i hope your dog gets better!
you sir have a good heart.
if you didn’t no one else would. he love you
you’re an awesome person!
best thing i've read about bitcoin for ever. brought a a tear to my eye. well done. wishing you all the best. he's a good boy.
hope you feel better soon lovely doggo!
worth every satoshi. hope he’s doing good soon.
good luck, little man! your human loves ya!
you're a good person. wishing for your bestie road to full recovery
now that is how i want my buddies to be, but i do not have any lol.
bitcoin allows people to live their lives the way they want to live and have control over the fruits of their labor. using your bitcoin for things that are important to you is always a good thing. that's what bitcoin is all about.
well done that’s what bitcoin is for👍
good luck man 🙏 last week my little bengala cat fell from the 5th floor... we got a blessing she still alive!! fuck the piece of paper or the sats, love beat everything ❤️
what a cute doggie, you made the right decision!
you are a very good human!
good luck i hope he gets well soon
did you consider using your bitcoin as collateral to take out a loan first? genuinely curious
priorities. good luck with the treatments. hope bestie is doing well.
i hope bitcoin dumps on your behalf 😺
what is money for if not to provide ourselves and our most loved ones with a better life? you will not regret a cent of it. i wish your beautiful friend all the best with the treatment. my beautiful girl had cancer last year. the operation and subsequent chemo was set to extend her life by 6 months to 2 years. it was very expensive. unfortunately she passed away after around 3 months when the cancer came back very aggressive. those last few months with her were priceless... people couldn’t believe what it cost us for ‘a few months…’ i’d do it again in a heartbeat. money literally cannot buy the most important things in life, but it can sometimes buy some time…
good doggo :) ' maybe look at this for your friend [
for cash... for usd…. heh
all the best for your doggy 🥺
this is a noble use of resources.
i hope it all goes well
sorry mate! your concern matters a lot
you did the right thing here! respect 🤝👏
sending all the love to your buddy. be proud you made the right choice
thanks for restoring a bit of my faith in humanity
just fyi to anyone considering the same: first, it’s not as intense as it is with humans where they load you up as far as you can go because you can consent to it and dogs can’t. so if theres a worry about quality of life, keep that in mind. if your dog has a kind of cancer that’s spreading pretty quickly like skin cancer and, they won’t adjust the radiation plan to target any new growths. i probably would have tried other avenues if i knew that was the case. but fwiw the tumors that did get zapped were shrinking.
1,000,000% worth it. good luck!
fake money well spent
priorities gone right! good job and keep it up op! you can still buy bitcoin and hodl in another 10yrs...
exactly what it is there for. throw some money in, it would be great if you got a 1000x return on it, but when you need it, you need it.
made my day man, good for you. hope he gets better soon!!
**pups are the absolute best.** *dogs' lives are too short.* *their only fault, really.* \-- agnes sligh turnbull
you are a real bitcoiner so you will get your stack back in due course so do not even think twice, you have made the right call. you are a good person and i am praying for your bestie 🙏
i just hope he🥺
some things in life are priceless - this is one of those things. hoping for a speedy recovery.
how old is he?
what's the apy on his yield farming?
life is most important. i'd do the same. wishing you all the best. makes me grateful seeing posts like this. some people do not have anthing to cash in.
satoshi could not be more proud. good luck with your dog!
you got venmo? i won’t send any btc, but i’d like to share some of this worthless fiat sh*tcoin.
just went through this with my puppers last year. hoping it goes well for you two!
i hope he gets well soon enough and i hope you recover quickly all your bitcoin
maybe the only time selling btc could ever be justified
cool, good choice. i hope this post is real.
did the right thing. the good boy is more important.
maybe but 1 gme and wait until 09.06.2022 so you can pay for the next one, too.
having had to say goodbye to a few old dogs in my time i would like to say the sad fact is it is always hard to let them go. but when you do you still feel bad because you know you waited too long and those last weeks were filled with pain and suffering.
one more day with my wife, sons, dogs, a glass of water in the desert, a lungful of air- all “free” things that at some point you would trade all your worldly possessions for. excellent decision on your part 👍🏻
i can’t think of a better way to spend it :)
oh poor little guy.
you know you did the right thing! best of luck!
poor pup, i hope he.
wow forget the btc, this legit made me tear up...good deed you did there good sir
that’s the best use. good luck and lots of treats to the good boi
i wish your bestie a speedy recovery
that’s wonderful! i’m glad you had the resources to help your pupper. may they live a more comfy life because of you. ❤️
you made the right decision, i wish you and your pup many more years of love and fun!
you’re a good man. beautiful 💪🏼
seeing this made me so happy. last year my dog that i was extremely close with got sick and i wanted so badly to be able to sell everything i owned to pay for her to get better but the vets said there was nothing they could do. i’m glad that your version of this story is going better and i hope he makes a speedy recovery ❤️
awww all the love for the puppers! we went through cancer with ours. you should look into the benadryl tagamet protocol. our vet put ours on high dose benadryl from the moment it was diagnosed, and i think that helped tons. neighbors dog had cancer and no benadryl and results were very different. totally worth looking.
bitcoin saves lives 💯
a good use of crypto. have no regrets
you are a worthy person, i salute you. i hope your bestie does well with treatment!
the only choice… hope your bestie feels better soon!!
hodl your doggah good for you bud
good call, best wishes for you and your friend.
no brainer. i would do the same. you’re a good person. with that being said i have pet insurance on my dog because i don’t want to have to worry about things like this and the financial stress even though i would do whatever i had to.
take all my bitcoin
doggos before crypto. i’d absolutely do the same for my dog with no regrets.
best use of bitcoin i have seen yet. here's hoping your bestie pulls through and you have many more rotations around the sun together 🎉
worth it. here's to as much time as possible with your bestie
bests wishes for your dog.
your are the best
this is so sad, i’m happy your pooch is okay!
i pray for recovery ❤️‍🩹 our scotty is having pill chemo for next 6 months. he’s totally worth it. 🐾🐾
bitcoin sometimes saves us!! and even our priorities.
i am not sure if i would be able to do that. you are a great human. respect ✊
not going to argue this decision. good luck to you both!!!
i hope your bestie hits its ath again soon
where are all the goons that should be saying you should rent a dog and keep your bitcoin not own a dog lol but for real good luck. when the day comes, hopefully years from now, at home euthanasia is worth every penny in the peaceful death it give your pup.
i hope you’re bestfriend is doing better now 🥹
valid reason my friend. best of luck!
besties totally worth it ❤️ best wishes
i would do and sell anything i have to see my bestie again for even another day. hope he gets better asap!
oh man, sorry to hear your doggo is going through that. my lil doggo needed chemo a few years back. i was amazed at how it did not affect her, like at all, other then being a little sleepy the day of the treatment, the next day she was back to normal. science is amazing. it prolonged her life a few months, which i'm thankful for. her cancer was far too advanced sadly. im not a rich man, but i will spend whatever it takes for my lil buddy.
i do not know a pet owner whose heart does not break at a time like this. i think of my beloved animal friends from years past and i smile so broadly at how pure their love is and how wonderfully clever and also derpy they can be. i think i speak for all of reddit when i say i hope your friend has a good outcome.
honor to you and your choice.
you was a very good boy…...🥰
worth 1000x over. hope he gets better
would do same…already at 13k with my husky and liver cancer.
prayers for you and your furry friend.
lmaoo paperhanding getting upvoted? yh shills in the building, sure i’m happy for you that you was able to use the money and save your dog but that’s just a reasonable excuse for paperhanding, still paperhanding tho, your situation is fine but you shouldn’t be getting praised for you paper hands. bots and bots i tell ya
respect. bitcoin will never replace this besty.
your best friend will thank you for everything you've done for her. wish her a speedy recovery.
i would do the same. positive thoughts sent you and your pups way.
i hope things work out for you and your doggo!
wow dude...you are a saint. best wishes!
all the best to your bestie. btc comes and goes; this is the best investment that you can make. i’d trade in everything just have my bestie back.
money well invested. 👍🏿 sending my best wishes to you and your bestie.
it’ll be worth it!
the only time to sell!
all the love our pets give to us is priceless, you did the right thing mate. all the best to bestie and you.
dude i hope the dog gets well again, poor pupper i'd kiss his nose for good luck
only heros does it man !
you’re a good human. thank you for caring for him. 💗💗💗
i was arguing with a bunch of idiots who were promoting a go fund me on tiktok where the owners wouldn’t provide any real proof. no estimate, no surgery date, no receipt, nothing. they posted the same videos everyday with emojis for 3 weeks and amassed 6k usd. three days ago they hit the mark of 6k and magically two days later the procedure was finished. not to mention they are still accepting donos. i’m sorry this is kinda off topic. but it just makes me so angry when i see dogs that can actually use the help…. if any1 is curious. ashtonsouthendpup on tiktok. i have requested proof multiple times.
i won’t say anything, most animals are better than general people you meet in public. do what you have to to save your doggo! best wishes for a speedy recovery
good on you! priorities!!!!!
hope your best friend gets well very soon ❤️
wishing your pup well. glad btc could help!
oh man, so worth it. heal fast!
depending where you live, make sure you plan for the taxes from the sale. this snuck up on me this past tax season.
bitcoin is a store of value and store of value means that you use it when you need it.
awww i hope you and your buddy have many more rounds of fetch hours of cuddles left.
fabulous you’ve got it to cash in for the important fur baby. hope there’s healing soon!
worth it. i just spent a shitload saving my cat. was gonna buy bitcoin with it.
he or she is super cute and is lucky to have a decent human. just wondering though did you consider using your btc as collateral to borrow usdt to pay for it? and if yes what made you decide against it?
hope hes ok !
i think this is the only time i could approve of not hodling. looks like a sweet pup
depends how much “all” was.
you will never regret spending time with your dog
you are a true satoshi. the bitcoin community is proud to have you. i hope your buddy is doing fine
because that, is what mans do.
my heart goes out to op. this is what bitcoin is for. hope bestie is back up and running in no time
your a good human… that’s for sure. godbless that little pooch and wish you the best!
dogs bleed against bitcoin
you are very selfless, that doggo is lucky to have you as its human
bless you and your dog. to bad you had to sell at such a low price.
sorry to hear that good luck i hope all works out
best of luck to your furry friend. hope the treatment works. top 3 shiftiest things on earth, kid cancer, dog cancer, hitler.
sure but the time, comfort given, i'm a veterinary technician, almost a doctor only thing stopping me from going to usc davis doctrins veterinary medicine is that i've helped my promised wife! but i wouldn't change it for anything, if you must but i suggest never leave a loved one husband or wife for a procedure such as these, i wish people could know but i wish you the best for that sweetheart. there is a natural anti-biotic made from the glaciers of netherlands 🇳🇱 called silver supplement, i gave some to a man whom had been diagnosed with gain green and 10 days later at recheck he was told that the gain grain had been completely healed true fact name of the man was frank comber silver i have a bottle my self i try to send a photo of it 1.0 cc oraly everyday mixed in with water best 👌
don't forget he can always make a payout and reduce your down to about 0.9 % i know about pay reductions and garnishments, also court order restraining orders
good man! well worth it…imo. i spend ’s medication and its the best investment i ever made.
hey bet the guy banked up from all of that huh god does exist does not he because how much and where is it who does it belong? who do you love?
good choice. hard one. but worth it.
now that sounds like a great investment op! the ultimate moon!
that sucks... sorry to hear about that
you will never regret it. if you didn’t get him care you would always wonder what would have happened…
in early 2018 i cashed out a ton to try ivf. ivf was not successful, and it would be worth a ton today, but i have zero regrets.
good on ya. it was the right thing to do. all the best.
hope your dog gets better, sending healing vibes! 💜
if this is a scam. it's the worst.
you made a wise decision. goodluck little guy. ❤️
now that is a good investment.
good move. all the best to your pup.
what kind of cancer? there are organizations that will help you foot the bill.
karma is going to pay you back
that’s an amazing thing to do !! such a great friend
lthe only acceptable reason to sell bitcoins
no doubt why they have always been loyal to their owners and this fits so perfectly out here.
all the heart and strength to you 💜
exchanging bitcoin for cancer treatment for a dog is exchanging bitcoin to save the dog. exchanging bitcoin for cancer treatments for a dog and posting it on the internet is exchanging bitcoin for upvotes.
that's just so good man, i do not think i will get happy to see that sell again lol i hope your pet will do good after the treatment, that is all we all want to wish for, good luck with your life now.
but to get radiation you shoud try chernobil
hope bestie feels better soon... ❤️
that dog looks old af... seems more like you're just trying to prolong his suffering for your own greed. i'm a huge dog person myself and been in the same situation. you need to balance this and reconsider. chances are the chemo is just going to make him miserable and with his advanced age it wont add any more time to his clock. if the dog.is in pain and hurting, do not stretch it out, do the right thing.
why put an animal that can’t understand what it’s going thru, thru the effects of cancer treatment? although well intentioned, it seems cruel.
i do not know why i am crying maybe i am too soft or something. good luck with the boy right there, he is just so lucky that he have your back. i do not wanna say more than this now.
awww that is so good man, you are just saving your buddy's life. this is something we all can do for our besties, i hope he will be fit and fine in coming days, just so glad to see that.
well we cannot complain and this is something we all would do, feeling good for your doggo, he will live a good life because of his owner. people like you are the reason why dogs still trust us.
wow man, you are something what every dog needs in this world. i just want to tell you that we all love you and your pet. keep it up and do not care about investments if it is about your fam.
man i am gonna cry now, you are just so good right now.
have a good life with your dog, he is so lucky to have you.
this has just made my day man, i am praying for his speedy recovery. you need to keep updating all of us here now lol, i hope he will be alright in some days, will wait to see him.
well he almost lived his life if you see that carefully.
that's just so good, a pretty kind and great decision of yours. i just love the way you sold your precious investments for something more precious. that's what life is and we are just so proud of you.
that's something good for your fam man, keep your buddy happy. we do not want more than this right now, keep him healthy. i wish i could have a dog like that one day man.
way to follow your heart. our best friends deserve everything we can give them. good luck to your doggo.
bro honestly i had radiation for my dog it made him worse!!!!! reconsider and look for natural ways to do it!!!!
get well soon buddy
good on you, you are an exemplary being.
dn me proof and i’ll hook you up.
best use of bitcoin my friend. this therapy is the best thing you can buy using your bitcoin.
i would cash out for my boys in a heart beat
you my friend, are a living legend.
this is what crypto is all about, praying for you and your buddy.
hmm 🤔 , is it worth it?
how it is work
praying your dog gets well soon!!
absolutely the best decision you will ever make 👍
wait for a dog
bitcoin well spent. best of luck to great doggo
you did so right. look at that nugget! my 15yo duder could eat my paper wallets if it made him happy and healthy.
i do not get to say this often but this is bitcoin well spend. !lntip 5000
b17 vitamin, look it up
you bought more than you could afford to lose, not smart
another holder is lost and the bitcoin scam falls further and further apart... lets go
that was a poor choice.
can you use rick simpson oil on dogs ?
dude have you got a lightning wallet address i can send bitcoin to for you?
honestly not a good idea imo. better to borrow money to pay for stuff rather than sell btc since over the next few years there will likely be massive price appreciation. there are platforms that let you borrow against your btc holdings.
you can acquire, earn, borrow, and even steal money. try to do any of those things with time.
yup. when our littlest pack member needed two cataract surgeries and tplo surgeries in both of his knees we dipped into our savings. don't regret that one bit. our little one:
and most likely at a cheaper rate!
it’s dumping anyway. buy back when it crashes
but you cannot do the same with the dog, that cannot be replaced.
it’s only a dog, you can always replace it!
i was about to make this comment but replace “bitcoin” with “a dog”
thank you! he's in good spirits and we're hopeful he will be chasing his frisbee again very soon.
hodl the pupper, it is the only right choice.
i agree. but maybe she just sold at the top. and buys at the bottom... who knows
> this is one time i approve of not holding. hodl doggo!
i mean you gotta know your priorities, and this man does.
yes, no point in having even all the bitcoin if you have no loved ones to enjoy the benefits with
such a cute dog, deserves all the love that there is in the world. guy is doing the god's work and the god will reward him for doing such good work in future.
yep, and those are some noble priorities too. you gotta respect that.
does s? i'd argue no if s's bill. several people i know have amazing (and shockingly low cost) insurance for exactly this type of situation and it covers the lion's share of the bill. including my girlfriend, who paid about . my point is this: fuck patting someone on the back for failing to plan then having to liquidate assets unnecessarily. all that does is inspire him. fuck that. build an emergency fund and use it to cover situations like this so you do not have to prematurely liquidate your positions in any investment.
yeah man, beautiful people. we need more people like that.
thank you! we almost doubled our initial investment and i'm just grateful that we have it as an option.
if you cannot spend your money when need be, then what's the point? there's no point in having a such wealth which cannot be used for something good man.
the way it is.
this has always been the way, nothing comes even close.
yep, humans are like her are not easy to come by nowadays.
ma'am, but thank you :)
that is so kind. thank you so much! 35phq5gspeqmqjabj81qn7tklywgdq85kk
yo guys can you please stop doing this? we are supposed to be psychopaths and not care about others remember? geez, the nerve on some people !
yeah man, that is the least that this community can do. i think everyone should come ahead and donate some for that dog and for her. wholesome.
it's a queen, but yeah you're right. nothing comes before loved ones.
you're a good human too, most people would have done it.
came here to say the same two words. i’d do the same. good luck, op.
humanity is still alive because people like this still exists.
well now that she has sold, that should be the plan forward.
i never saw it this way. nice one
yep, they do not live forever. care for them while you can.
yep, this is the right call to make. she did a good thing.
qell if they turn out to be fine after that, it is all well worth it.
that's all you should need, intentions should be clear. in the end money does not mean anything. the ones you love are the most important things man.
as long as that dog is doing good, everything is fine man.
🥱🥱, if financial fortune is all you consider as your future, good luck to your loved ones. hopefully you won’t need radiation before the next ath
this is holding in the true sense, gotta hold on to loved ones.
yeah man, this should be the definition of that in my opinion.
yeah man, those animals deserve to live a really long life. those are really important parts of our lives and they deserve the love too. they're absolute best.
sorry for your loss man, dogs are essential part of lives. and when they do leave like this that leaves a hole which cannot be filled by anything else man.
i'd argue there is nothing more important than love, it is most important. the people you love and care about should be the most important thing for you. nothing above that.
you've clearly never had a dog before
dogs rarely live after something like that so there is that. it would be a relief to hear that her dog made it out of that. i would love that to hear man.
hopefully that dog will get well soon. they do not deserve pain.
well she is taking care of that dog, i'm sure he will get better. if he does not get better after that, then idk know what will even help that man. really do not know.
they both deserve some prayers right now for sure man.
dogs are always cute no matter what breed they are. doesn't matter.
i hope the dog would just turn out tk be fine, i hope good for him.
actually man, cannot use money for a better use than that.
yep it does, worth every penny which you've spent on that dog.
indeed a really good choice and a noble choice, does not get better.
yep, that is what for money is. if you're using it then good. money is meant to be spent, if you're not spending it then what even is the point of having money?
money is to be used, if you're not using it then what's the point?
i hope that too, actually we all hope that right now for sure.
yeah man family is more important and man is doing what he gotta do.
he can buy it back bruh relax. cant buy back his dead dog can he
never heard of anyone paying for a dog's cancer treatment... seems unnecessary. but who am i to say what he does with his money. i'm just skeptical this is even true. it's just a picture of a dog. an old dog too... even if it is true, why post it on reddit? it's like you're using the dog as sympathy. like cool you're spending money on a dog with cancer to get a few more years at best?
people spend stupid money trying to prolong animal's lives. the animal just suffers for a longer period of time. it's selfish and a poor use of money.
yup. i know someone who did this to their dog. it comes from a place of love, but the dog is miserable, scared, and in pain (from the treatment) the last few month of their life. it's not about the money...if it would cure them that is one thing, but it does not...only prolongs their life a few horrible months.
you must not value life outside of yours. sad.
don't bother. this entire thread is a rational free zone. spending all of your bitcoin to pay for cancer treatment for a dog? that's the definition of financial irresponsibility. the harsh reality of life is that pets typically die before their owners, i'll never understand why people hang on like that spending thousands trying to postpone the inevitable. i love animals and have had pets all my life, but doing that has always seemed like a form of mental illness to me.
kind of yeah we can agree on this, he made a bit dumb choice.
you ever heard that expression: "there is a time and place..." , ya bro this aint the time to shit on his financial decisions. hoping for the best for your dog op... i know what you're feeling, and honestly you'll never regret what you're doing in hindsight, trust me.
i honestly hope weirdos like you do not profit off crypto. it's okay to sell whenever you like whether it is for a loss or gain.
i guess yeah, he should understand his condition right now.
how is that stupid? can you tell me why you think that?
dogs are such cute and pure animals, they do not deserve pain.
lol, love this comment. some people might be thinking like this.
yep, now that is the thing which is remaining to do buy back.
it's not. we lost his brother to cancer 6 years ago. his cancer was so aggressive we did not have any treatment options available. this time we do and we'll do what we can.
yep, your dog and your happiness is way more important.
could it be that the money invested in crypto that appreciated in value was a better rainy day fund than cash in a bank??? 🤔
yeah we all hope that, he gonna live a good life for sure.
every dog deserves an owner like that. dogs are the best.
i actually had no idea that was an option until it had been mentioned here otherwise we would have looked into it.
hi u, thanks for tipping u**5000** satoshis! ^(edit: invoice paid successfully!) *** *[^(more info)]( ^ [^(balance)]( ^ [^(deposit)]( 10000) ^ [^(withdraw)]( put_invoice_here) ^ ^(something wrong? have a question?) [^(send me a message)](
rapido retardo right here
hi u, thanks for tipping u**100000** satoshis! *** *[^(more info)]( ^ [^(balance)]( ^ [^(deposit)]( 10000) ^ [^(withdraw)]( put_invoice_here) ^ ^(something wrong? have a question?) [^(send me a message)](
super kind of you. thank you!
>even steal >try to do any of those things with time. umm work?
like i did not get you well enough clearly. sorry but can you explain that a bit?
you can earn and borrow and steal time. stealing time=slavery earning time=letting people work for you borrowing time=getting a favour from someone
are you even serious bro??
god knows what i'd pay for another day with my dog. just enjoy every second for all of us grieving our own!
that's what i'm praying for that dog, hopefully he gets better.
best of luck and all of the love for your sweet puppo!
(hugs and loves emoji) get well soon doggo
everyone has their moon when it comes to crypto, you found your moon! he looks adorable
you should look into ketona dog food might help your friend quite a bit. praying for you both.
he looks fucking stoned
i got a mixed breed puppy when i was in college. 13 years later, she is still by my side. she got very sick last year and i had to spend ,000 on her treatments. and i would happily do it again. i'm right there with you, brother.
it's the only right choice, there is no better deed than this.
priorities of love. that's it. can't take it with you. beyond that, cannot tell you about the poster's financial situations and can only assume it was btc or the dog. priorities. will btc? i'm not saying be financially stupid, but i am reminded of a family guy skit where stuewie and brian are old and rich from the stock market, focused only on that, and one goes to heat up a doughnut to f\*ck because they never found love.
you're confusing priorities with preparation. for someone so condescending you'd think your basic premise would work
and you get all of that from a picture and a title.
but if you spend all that money on insurance you cannot buy the dip. bitcoin was the insurance policy.
what the fuck is money for if not to use it to better your life and your loved ones lives
it is very clear from the greying fur around the face that it’s an old dog. pet insurance is very cheap for a young dog and very expensive for an old dog. if an old dog already has some serious health problems then it can pointlessly expensive or outright impossible to insure them in the first place.
is bitcoin not an emergency fund? the hell do you know about op? this is most fuck wit response i've seen in a while. also, insurance reimburses you, you still have to pay upfront costs. i think what they did was really smart and thoughtful. bitcoin would not love you. bitcoin would not play with you or talk to you. so shut the fuck up and sit the fuck down. god damn with people like you they should just call it bitchcoin.
"unnecessarily." gee, i wonder what could ever ever count as "necessarily" in your eyes. is "making maximum profit" the only thing that makes your list?
invest to gain money. get money to spend it. spend money on things that matter.
how much love has your money gotten you in life?
god damn you are stupid.
hopefully this inspires you to learn how to read the room.
agreed, but... damn, son.
yes and fuck you 2 piece of shit
i'm shocked you have a girlfriend.
the assumption is that they have explored other options and this is the only viable one for them. they have the money available in bitcoin and and have used it as they wish. elderly dogs and dogs with health issues cannot always be insured, as friends who foster and adopt the 'rejects' from an animal shelter can testify. doesn't stop them doing what they can. op saved for a rainy day. today, it is raining.
you gatekeepers are so weird. are you so susceptible to the whims of random internet anecdotes that you freak out when you see it “hypothetically” being used somewhere else? what’s your education level? how old are you? do you think you’re smarter than every one around you?
you don’t know what could be going on and jumping to conclusions. what if they did have an emergency fund but just used it? or decided that selling a cryptocurrency that could hit rock bottom at any point was better than dipping into their savings. you’re just being a dumb fuck. sound a lot like a 16yr old trying to be smart.
if you cannot do the same for someone, do not be an ass then.
i work in veterinary care. only about 15% of patients end up with side effects of chemo. those side effects are usually manageable.
i'm just grateful to all the things that i have including btc.
it's about setting the priorities. it's nothing more than that.
i apologize, just edited my comment.
just sent a bit of btc that i could afford. best of luck on the rehab!
i do not have many funds to spare but i will send you . sorry i could not do more. i wish you guys the best of luck
🤔 could this have been the plan all along?
can you take usdt trc20
donated, but it is 2022, people should be using bech32 addresses... save on that block space.
it is ok for psychopaths to care for each other... but never for anyone who is not a certified psychopath!
you have to be a psychopath to care about others in this world nowadays.
sorry! i fixed it!
i'm proud of you man, i know that you're saying the truth here.
i have health insurance. that’s kind of what i’m saying, pay for health insurance for the people you care about before investing.
it's kind of silly to spend like 30k on a sick animal that will for sure die in a few years, but may die from complications. i spent thousands on my cat that ended up dying even more miserably a month after surgery...
what did he say lol? he literally did not say anything man.
multiple dogs, they all have a max amount i’m willing to spend and 30k is about 29 times that amount
or (s)he doesn’t have the money for that kind of thing and are just reflecting atm. they did say they wished the dog was better. as an aside, radiation therapy for dogs can end up with them being sick and not knowing why while their quality of life goes down til they die. depending on chances of it working, it may be best to just not and give them the best final days you can.
you're clearly a teenager without much real life experience
we've all had dogs i bet. you clearly have the maturity of a 14 year old.
in two years, his dog will be dead anyway.
well some people just love their family, that is the reason.
yeah thank god i found this comment. reddit is so fucking weird about dogs, even more than op the commenters jerking themselves off so hard over the dog are super weird. my pet theory is that it is because reddit is prethisposed to have people who do not have close human relationships so they have to get blind love and loyalty from their dog. i feel bad for the dog, and only on reddit do i hear of putting a dog through chemotherapy instead of putting it down. i wish i had the money for that, bitcoin or no.
it's reddit, so i just assume this is fake. that being said, radiation therapy for a dog seems utterly ridiculous.
absolutely thisgusting comment, you should be ashamed of yourself. animals shouldn’t get cancer treatment too? my family pet growing up got cancer and was given 6 months to live with no treatment, we paid for the radiation treatment and bought him 2 more full years of life. hopefully you don’t own any pets.
it exists and is affordable. not saying i’d do it to my dog, but ya never know. pets are fam.
absolutely selfish, these animals do not have the mental capacity like people to lead lives into old age. once an animal loses their strength, it is game over for them. it's not fun for them to be alive. yeah, they will eat food and you can carry them outside, but that is not enough.
i guess he is just an animal lover, cannot say anything.
i do. but i don’t value animals life that much. you have to accept the death of a pet when it comes. you can’t spill your precious savings over one while you eat some burger the same night, that’s just absurd.
you're right about this space being a *rational free zone*. i've had people respond to my comment in this thread arguing that bitcoin is an emergency fund so i should stfu. lol. for the handful of rational people that may read this, be sure you *have a plan in place* to hold bitcoin. don't just buy it. before you do, make sure you have sufficient cash reserves to hold you over in case of a job loss or emergency involving you or a loved one. many argue 3 to 6 months is a nice emergecy fund cushion. i personally prefer having a year's worth of cash and usdc stablecoin ready so i do not have to liquidate investments to cover.
so if it dumps to 30k are they a genius for taking realized profits versus staring at some portfolio app 30x a day?
dogs die. it is part of life. you should learn to accept this and not make major financial decisions around the fact. reddit will tell you otherwise unfortunately
two dogs in the same house? please op check for radon and any other types of things. my aunt's dog got thyroid cancer and it was directly related to her environment. cancer in dogs happens, but two dogs in the same house seems more than a coincidence.
good to see that you are saving your current pet, so good.
that's right, it is your family and you should be there first.
ah ok fair enough.
you're welcome. take care of that doggo.
i make a nickel, boss makes a dime; that’s why i take poops on company time.
wow a communist on a bitcoin subreddit that is crazy
im knew here...can you explain this to me in details?
some people just don’t look at animals as equal to humans.
what did you expect from r
wanted to echo this sentiment - just lost my baby girl a few weeks back - totally unexpected. would give up everything for 1 more night time walk with her.
one day you’ll see them again. they’re waiting for you on the other side
absolutely true though no one knows what would happen. leave all this be positive he will be fine soon and would be licking you and running behind you.
soon for me 😦
all this prayers and wishes for recovery would surely i believe in god everything will just be perfectly fine. prayers work and miracle happens have faith in god and the best will be infront of you.
i mean how can you not? it's a real noble thing to do man.
that was peter and quagmire but your point still stands
friends and family should always come above the money. if this is not like this for you, then you're doing it really wrong man. get your shit together.
butter's in the fridge!
look at the dudes username lol
it was the insurance policy? well you're kinda fucked lmao.
i finally bit the bullet and bought pet insurance this year. she is 3, and i want her to be as healthy she can be well into her 20s. preparation, i get it, but... *damn, son* indeed
damn man, what the hell happened? you're not liking this?
he doesn’t, this is reddit.
the insurance was a huge help in that regard. pet owners should definitely look into it.
thank you so much!
that's why i love this community. coming forward to help.
its always possible, but i do see op has posted about the dog (i assume it is the same) even 8 years ago, so not like just made it up: [
maybe not but i do not think donations without requiring proof are a good idea. they will just encourage people to post anything to wheedle money out of the redditors here.
i do not know man, but if few sats are helping then so be it.
coming from an insurance broker, i promote insurance policies as my job, however, insurance is not great, the profits they make from insurance plans are incredible. investing, saving etc is an insurance policy in itself.
radiation in dogs is actually rather cheap. typically 150 a session, maximum twice a week for up to a month. this ain’t human level chemo.
valuing money over your dog? if there is a chance for them to get better would you not take it? that's why i said it, if you've had a dog before you know they are family and you'll do anything for em. ain't much more to it
well and if they end up living after the radiation therapy?
in two years you might be dead or broke.
well it seems like every other person on this site is self diagnosed with depression so you're probably not far off
people need to be a bit practical these days, it is so good to see these comments now.
i hope it is fake, a regular picture of a dog with a sob story is definitely the way to do it, but i can also believe it is real
lol, not spending an arm and a leg on an old dog with cancer is thisgusting? guess i'm just a terrible person. my dog just is not worth the money to me. you may feel differently, i already said it am not my business how another spends their money.
spending money to help a dog while there is people who are starving and without healthcare is the most backwards thing that humans do. i hope you have fulfilling human relationships with introspection and connection, actual reciprocal love, instead of just feeding animals and interpreting their behavior defending their food and shelter as loyalty. i've had several dogs, i did love them but they cannot love you back at all like a person. if you have lost a loved one to cancer, maybe you'll see what i'm getting at.
let them just leave the world with peace, but no they gonna interrupt.
it's your life and we cannot say anything after that i guess.
well, we have different priorities then. i get where you come from but it really takes having someone or an animal you love to be in this position to understand. i hope this hasn’t and won’t happen to you. it seems like her dog is around 8-10. plenty of life left to live. my dog needed 7k in treatment when she was 10 and she is 15 now. worth every penny
you miss the point entirely because you're obsessed with price action. also, the answer to your braindead question is 100% no.
well still it is a good to share whatever the fuck we wanna share.
every living thing dies. that doesn’t take away from the fact that there are people like me willing to spend money to gain invaluable time with those living things. money isn’t everything.
we've moved houses from our first dogs diagnosis and it is been 6 years since the first, but i do wonder if there were environmental factors because although the cancers are different, they were both located in the facial.
words to live by.
i prefer boss makes a dollar, i make a dime. it’s also more accurate lol
thats why you will always make a nickel while the boss makes dimes and quarters.
that's actually not a bad ratio. i've always heard it that " boss makes a dollar i make a dime..."
i literally do this everyday, even more so now that i work from home
lmao that hits home. that is why you work for yourself
just ten minutes a day pooping at work, comes out to one week a year where you were paid to poop.
we are here. blockchain is a tool.
actually it is my first time here 😅
it’s just money. edit: poor excuse for a person above me said “it’s just a dog”
now those are an example of the real buddies. they're best.
also, it was a bagel, not a doughnut. point still stands.
if you are investing in bitcoin before you have enough in an emergency fund to handle such situations, you are not showing much care for friends and family.
lmao username literally checks out there. good username.
20s? what is she, a tortoise?
until someone sees this and makes the exact same post next week.
its the same buppy... you can see it in his eye canals. i like the dog, you guys... never met him, but i like him... something about that hat and scarf combo.
yep, that is the worst thing you'll do. don't do that man.
omg my imaginary cat needs surgery and i just wanted all you strangers with a super easy way to transfer money to know for no reason in particular. donations appreciated!!
just wondering... i do not care if you want to send someone money based on a photo of a dog
alright, dude. i’ve had to dump my savings to take care of my dog before. it was reimbursed at about 90% by pumpkin pet insurance based in ny. i was out around 8000 dollars and i am thankful my pet insurance made sure i could take care of my family including my dog. i don’t exactly know what you are trying to say, but i think you just want to argue with sound advice.
yeah that does not sound so bad.
yeah man, that is what i am wishing for right now, i want that.
not op but your logic is flawed because that money would never go to help starving people or help anyone that’s not directly related to op. people don’t go “oh i have 10k in bitcoins let me through it at saving strangers” people care for their pets a lot and their pet is in their life 24.
your money, you call. it happened to me and yes i was sad for days (a bird). couldn’t do much about it. there is also the fact i would feel dirty paying an expensive sum for an animal when millions of actual people can’t get medecine… it’s the kind of thing that are not accepted in my culture.
would you pay ? no you wouldn't. everything has a point after which things are unreasonable. spending copious amounts of money to treat an animal that you might get a very small amount of extra time with is not reasonable to most adults.
yeah right? in what world are you getting half as a y low level employee
i prefer boss mades a dollar i make a 1, thats why i fuck off all day on company time. well actually in the case of amazon - boss makes a dollar i make a 8.78048780e-8 of a dollar.
eh that is a matter of opinion.
i’ve known many dogs and seen more love from them than most humans can imagine
you sound like you've never been poor or broke before
some cats can live up to their 20s with good care and genetics. most tortoise species can live as long as humans -- so, i wish she was!
yup, the more money we donate, the more sick pets we will get to see in a week from now. copycat's gonna copycat no pun intended op, i hope the treatment for your dog goes well and he will be in good health soon.
never do that bro
than have a friend comment “hey post your bitcoin address i would love to donate to help pay for this little fellas cause”
from your life, calculate how much you have spent on insurance policies, and then subtract your incoming from successful claims. insurance is one of the most profitable industries in the world.
i am glad that he is not replying to your comments, good for him.
let’s not sweat the small stuff here. everyone just enjoy your paid poops.
well my boss only makes 30% more than i do, so it’s not too bad. but if we go up the ladder, the top dog makes 300% percent! exponential scaling as, coincidentally(?) he’s 3 rungs above me lol
if a person is dying and a dog is as well and only one can be saved, if you pick the dog you're a pos.
technically it’s a matter of dna that thistinguishes the species
lmao, people like you actually exist.
it's kinda stupid to blow thousands on anything...what's your point? everyone has different priorities. having money available for things like this is the exact reason why people save.
that’s at least 90% of this sub
and then he will post the address and the guy would send btc? well sounds like a good plan to me seems easy enough to pull off. shouldn't be a problem i guess.
the post isn’t a solicitation and the comment got no real traction. relax.
i have never had a claim denied from any type of insurance. also, irrelevant. dude are you seriously an insurance broker? because if so, you are a horrible fucking person if you actually believe this.
nah man, he is over here talking a serious issue here, income inequality jk lmao
whether you’ve had a claim accepted or denied is irrelevant, i’m simply saying your interpretation that insurance is essential, is not correct. having savings, investments and assets are insurance policies themselves. all this while reminding you insurance policies are one of the most profitable products available worldwide, because they pay out way less then we put in over time.
calmer than you are
ur need for attention is worse then a child.
but money laundering in housing is ok.
the government fears bitcoin - it works as designed.
it's interesting that canada now considers bitcoin to be money. this is a beginning of recognition, even if it is done in an aggressive way.
outlawing the use of bitcoin makes parallel economies inevitable.
but but but bitcoin is not money in the government eyes. muuuuum!
the chinese have been driving real estate pricing thru the roof in all of canada's major cities through laundered money and a couple paltry changes have done nothing. a few truckers get together and bank accounts are frozen and companies are directed to hold payments. wow
and this is why you should invest in only bitcoin, not bitcoin companies. companies are centralized and can be controlled. truckers can put a bitcoin address in their social media profile to get donations that cannot be shut down.
fuck these people, more bitcoin
so they can expand laws to suddenly combat this, but not to our real estate market eh. 🤔
trudeau is a fucking fascist
begun the crypto wars has.
this is the most bullish news for bitcoin ever and the time to show what it has been designed for. let the fight begins...
“ottawa will immediately stop all crowd-funding and payment service providers including cryptocurrency to halt blockades, finance minister says”. don’t think minister knows much about btc, or how they can stop it.
canada has lost it.
remember 15 years ago when youtube was allowing citizen journalists to document the atrocities in the middle east? fast forward today...
there’s definitely zero chance that this will turn into a fun new toy that will be used against any protest movement rose in power happen to thislike.
just remember, that whatever anti protest legislation you’re supporting right now, will also apply to you when you’re protesting something you find unjust.
canada should take the extra steps and stop funding terrorism in the middle east with the states while theyre at it.
wut the heck is even happening in canada.
this should scare everyone. the government will rob you if you’re not doing what you’re told. it might be this crowd right now but eventually it’ll effect everyone and you’re being played if you think otherwise
fuck the oppressor's. i'll send more btc
now i want to send them money.
i wonder how many if these people calling truckers terrorists kept that same energy when blm was burning down cities. very thick partisan hypocrisy.
if bitcoin is not a real currency, why do tyrants always try to criminalize it?
it's pretty clear who is the evil party here.
i honestly haven’t been following this situation. but……i’m really unclear how non-violent protests rise to this level of crack down? the truckers far as i’ve noticed are just a massive nuisance and non violent. which last time i checked was pretty much ok when it comes to protesting? fact they are writing laws to deal with a protest which is too big for their liking seems pretty thisturbing.
i can’t even leave my own country anymore. what the fuck is happening. seriously.
the state = 🤡
haha try stopping people using privacy coins.
serious question isn’t this fascism ?
this should be illegal, they should not be able to do it.
neoliberal governments are not your friends people please stop voting for these goons.
we just became a police state in canada.
seems like a giant ad for bitcoin.
"can't stop would not stop" - bitcoin, probably
remember it’s only okay to break the law if you’re rich or work for the feds.
i guess i never realized how many western "democracies" are actually banana republics.
what is this nazi germany?
but they won’t do anything about casino money laundering. i wonder why
scary how quickly trudeau has managed to take control of his political opponents’ funding, livelihood, whatever he wants to gain power, control. does anyone see how mandates are being used to grow tyrants, dictators? we complain about china’s 1 party system, with social credit systems, and censorship. how are the u s and canada not headed down that exact same path?
i was not going to donate but now i think i will just to stick it to these authoritarian fucks.
i'm a canadian citizen living in america. where can i send my canadian passport for shredding?
amazing how openly corrupt president blackface actually is
scary things are happening in the five eyes countries...
welp guess i’m a terrorist.
a heavy handed response to a legitimate grievance. its clear that truck convoy protests are effective, look at the chaos they can cause. that is the purpose of protest after all, to get attention for your cause and show you have power and leverage so the other side comes to negotiate. except the other side wont even meet with them. truckers need to get their wallets up and going quick.
this is how a protest turns into a revolution.
funny how promptly they can crack down on the finances of truckers blaring their horn but it’s going on 15 years since 2008 and those mother fuckers still livin large.
wild af. this is basically full blown tyranny at this point .
this is so fucked.
the government is the terrorist organization
hopefully this kind of crap shows more people how biased the government is… supports blm riots but works hard to suppress truckers that have done no violence or damage. let the donations increase!
that explains the uptick in btc price today.
turdeau loves dictators and wants to be one.
anything to hold onto power... sickening
fascist fuchs are getting really desperate
give a government a fucking inch of power, they will run a mile with it. then say they found bad guys, and take more power without consent. then print a few trillion dollars to fight the bad guys.
i'm ashamed to be canadian as of late.
they just keep making it worse. this is exactly the kind of response that started the whole thing.
breaking: they can change the rules to attack anyone they want
that's not authoritarian at all
hurray! another victory for tyranny and oppression! the gov’t power expands and the left rejoices! democrats and liberals applaud everything dear leader does!
man canada is becoming a piece of shit country real quick
that’s a funny way to spell domestic terrorists.
canadian government: free to protest anything unless the administration thisagrees... then it’s terrorism
wow, if only this much attention had been paid to actual money laundering and corporate tax avoidance... panama papers
looks like the truckers found a weak point.
best bitcoin ad ever
so blm money support is ok because it was not against the government
this is a giant, neon, flashing advertisement for bitcoin
it all started when china started laundering money into homes in bc through casinos. liberals turned a blind eye. now look where we are
what about… let’s send them more?
canada is a big testing pot for sure in my mind. this is a huge waking up for many peoples around the world, i am sure. drinking my morning coffee this morning i found myself thinking figuring what it was like back in the days of the gold rush. a miner working his claim would at some point, gather up his poke(bag) of gold and head to town. enter the shady saloon with his poke and belly up to the bar. tell the barkeep i got gold and slam his little poke down on the bar. i want a whiskey. the barkeep would measure his gold and keep a tab running. the exchange between two peoples. as i pondered this i wondered how is this taking place in canada now. the exchange between two peoples. how is it being controlled or not controlled? do the people of canada have the same freedom as that old gold miner with his poke? what do you have in your poke and how do you freely exchange it? what we are watching right now could have far-reaching impacts on the future of our nations and peoples that determine their freedom of exchange of goods and services. will bitcoin be placed in the scale with the eyes of only two people in the future?
seems to me canada needs a civil war just like the u.s.a. hell, all around the world to stop this dictatorship
oh come on they are crazy
moderators... can you please allow??????? in no way shape or form do i support the cause they are protesting for, but i do support the right to protest... and in this case bitcoin. i want to donate out of spite and principle. this is an attack on crypto as it is basic democratic rights, regardless of what side of the aisle you are on (also look in canadian history for glaring hypocrisy in similar situations)
this is for all this young fellas and liberals that think socialism is good. take note and learn from this. no idgaf about republicans either but i lived in a socialist country for 20 years and everything they present you with rose color is not what you think it is. once you findout what socialism is, you have already relinquish your rights 1 by 1
canada going full 1984 these days xddd
trudeau is a tyrant
if canada saw what canada was doing to canadians they would ask the usa to invade canada.
slippery slope y’all. the interpretation of laws and rights that are being established during this shoot show are going to spread out to effect future protests and demonstrations. the reaction to blm in the states showed the world that a government can shut us down with violence and the majority will cheer. the canadian right to choose protests are showing the world that they can shut us down through financial debilitation and the majority will cheer. when both sides finally converge on a single issue, the governments will have precedence to come after us from every angle and i can only hold on to hope that no one will cheer.
fuck them. i hope everyone sends even more money fuck fuck fuck them with my fuck you money🖕
so they cannot tax crypto then... if so then they support money laundering and terrorism. it's not illegal to use but it is illegal to use for this completely valid reason? ridiculous.
mine isn’t on an exchange…so i’d like to see them try.
the government if canada is now officially a fascist regime
come and bloody arrest me on the other part of the world canadian authoritarians. they fail to recognize bitcoin is not an american thing. it's a global thing. bloody mr. liar.com
funny; when blm “protest” broke out, leading to the destruction of many businesses, setting fire to a police station, and parts of a city being literally occupied with police being pushed out by force, all the platforms had official blm donation pages. i guess your only allowed to protest the things the authoritarians allow you to.
how do we donate to them? didn't care as much before (i do not think the truckers are right) but i do support the right of anyone to protest.
“i know what will make us seem less authoritarian! we do exactly what authoritarians would do!”
this is how democracy dies… with thunderous applause.
this is how it starts.
so will contributing to the other political party in the next election also be illegal??? what a bunch of shit head politicians.
canada is falling. this corrupt government has shown its true colors. this is why we need bitcoin more than ever.
if i was not already all in bitcoin, i would be now
quite a shithole they’re running up there.
wow they are really scared of these truckers. i’ve never seen the government work this fast on something.
how are people not shutting down the government?this is an ugly abuse of power.
but its all about the health
as an american, fuck the canadian government. and fuck the american government. fuck all the governments.
i worry that they can stop the banks and you won’t be able to get your fiat money after you exchange it from bitcoin. hopefully we will all be using bitcoin instead of fiat for all our needs.
it's non of trudeau business who tf i send money to especially them canadian truckers
you vote for a bitch, you get bitchy rules and laws.
so can people send bitcoin or money to truckers, in general?
how will they track people if they dont exchange into fiat? this will surely kill fiat and people will just treat bitcoin as money. coinjoin and samurai and vallhala . good luck tracking procecuting people. once it becomes majority thats game over for any sitting govt. do i smell start of hyperbitcoinization ?
warned of money laundering in the housing market for years, leading to a housing crisis and cannot be bothered to do anything. some truckers get together and...
so what if i sent crypto to them?
the problem here is that these changes were permanent. regardless of why the emergencies act was used it should not be used to affect laws on a permanent basis. this is what people should be protesting. the remainder of the powers granted under the emergencies act are purported to be time limited. it's terrible that these were stuck in and whitewashed with the actually time limited measures. granting banks the right to freeze personal assets was troubling. thankfully that was temporary. still, this needs to be watched.
i thought bitcoin was anonymous
and you guys allowed money to be sent to protesting punjab farmers
is that turd already out of hiding? seems he did not die of the coof. how is he still in power? guy is a wef puppet.
uh... that title... why do they want to stop truckers? they do not want goods delivered? very confusing.
what a thisgraceful government canada has eh ! (not just canada though).this is what digital everything means for all of our futures. total control over all your spending and money transfers. seriously scary stuff leaching in.
this makes me want to donate to the canadian truckers. what’s trudeau gonna do, come get me in europe? 🤣
i know people hate the truckers and all, but is not this a little too fucked up? letting government have so much power and control maybe when there is other protests which the government does not want they just freeze their funds. i am stumped how people are still supporting what the government is doing!!
bitcoin is not money in the government eyes.
how very liberal of them.
wtf, canadian authorities are behaving like china commies :d
the canadian government keeps on digging their own grave. i must say it is quite amusing to observe.
while i don’t agree with the people protesting, is anyone else at all alarmed at how aggressively they are approaching this? targeting *crowdfunding*?! do they not remember like 70% of crowdfunding is people asking for help with basic shit like rent, food, utility bills? not trying to be alarmist but this just doesn’t sound good at all for those who use crowdfunding in any capacity. first they target only the “bad actors” but we’ve all seen this before.
banks are mechanism of control. nothing but a law enforcement arm of the government. this is exactly why bitcoin was invented. to separate money and state.
i thought truckers was the name of a terrorist group. but no, they are just hard-working people trying to defend our liberties. canada, i thought you were better than this...
if you need anymore proof we need crypto there it is
1000 upvotes and i’m opening a public donation towards truckers. let us unite!
quit being so freaking selfish, come up with another way to help the truckers. don’t need your opinions need freedom
this guy is a fucking dictator.
ok now do foreign home ownership and multi home ownership taxation next.
this thread is hilarious. full of people who have only read the headline, do not understand what the act actually means, have no clue what is actually going on in canada, and is astroturfed to hell. if anyone wants to know the truth, do not get your details from this thread. most of it is wrong.
what a bunch of tyrants. whether you believe in their protest or not, this is some fucked government shit. they have no boundaries and it is only a matter of time before you're on the side the truckers are.
great now do the housing market.
i’m gonna start an app called gofuckyou. not sure what it’s gonna do, but it’s gonna be amazing. i’m taking suggestions.
government overreach at its finest.
as a canadian, fuck trudeau, fuck these moronic politicians
coming to a country near you!
welcome to germany 1939. how's that time travel going?
the genie is out of the bottle.
this makes me think the truckers were correct. the governments heavy handed approach to this shows their biases. i've always been sceptical of the government. cannabis is bad for me? ok let me see, nope cannabis is lovely. psychedelic mushrooms bad for me? nope, mind expanding. perhaps more people should have an anti establishment stance.
this is absolutely bs they should not be able to touch anyone's money. the truckers are being peaceful but because it does not fit the government's narratives it is bad 🤦🏻‍♂️ i think they should be flying a flag that a guy with a little mustache flu in 1940 germany. freedom is freedom stop stepping on us little men 🤬
what a piece of crap that guy is.
yeah that is gonna backfire.
bitcoin is fuckyou money.
this editorialized headline is bad and not at all what the tweet says… they say terrorist groups
don't think this applies to just "terrorists," because it does not define terrorists. what it does do though is open the door for the government to deem anyone terrorists and cut off their banking. wise up people. trudeau is a dangerous person.
total bs! we are watching!
and people still wonder why we want a decentralized currency
i hope everyone can see how this can’t be bad regardless of whether you agree with them or not.
is it any more obvious how much the elites hate the working class and seek to destroy it. we're literally goose stepped in the fascism one day at a time with all this bullshit
what a shame, a people who do not even own their own money anymore. kkk
what the fuck is going on with canada? emergencies act and money laundering over a protest? how is this not against rights of citizens?
why does bitcoin have to be associated with extreme libertarians? these comments are a shitshow.
the canadian government is just asking for a violent revolution. they had very simple demands and to deny them with such tyranny is insane.
tick, tock, tick, tock
worst thing bitcoin and other crypto can do is get involved in supplying domestic terrorist with funds. this movement is not for kids fighting cancer, they are flying swastikas and rebel flags. they are nut jobs who think a vaccine is going to turn them into lizard people or some shit, do not support this shit please.
reply: absolutely outrageous. this is tyrannical, what happened to freedom and democracy?
anyone starting to feel like this is all just a roundabout way to limit crypto? like, what a strange turn of events...
the government does not even recognize bitcoin as money. now they want a piece of it!!
i knew the whole kyc and money laundering stuff was just set up to chastise people
when criminals are in charge.
tyrants like trudeau and his cronies make new laws to suit their needs and ideology, regardless if they are actually beneficial to everyone or not. they do not care about canadians and what they are suffering through. they only care about retaining their power and control. vote them out in the next election cycle.
this seems an outrageous violation of peoples right to protest.
time to sit back and watch bitcoin do what it is designed to do
so all you need is to be rich enough to pay 2000 truckers to do something like this. then apparently you could just install new laws like that.
so i guess the truckers should doodle some art on paper and sell that for money instead of donations. got to do it like the rich do it.
funny how other countries give usa shit about our borders. sad part is more mainstream people will see this and think that it goes with the lies traedue has been saying.
if banks want to play this way, everyone should put a run on the banks - put them out of business. withdraw your money.
they can’t stop cryptocurrency pmts to the truckers. good luck lol
bit(h attack of canadian government
so are there any verified addresses that bypass the platforms that are being shut down? asking for science.
betting on government being the biggest holders of btc one day lmao
how can we continue to let our government do this
outstanding trying to destroy a peaceful protest will ultimately be asking for it not to be so peaceful next time around
in my country, the politicians raise money to bail out race rioters
these guys are drunk with power and do not serve the people. this exercise is just an opportunity to take more of our rights and freedoms away.
ottawa’s gonna burn at this rate
people do not like that the wrong types of people are peacefully protesting as is their right under the charter, so they are going to change the laws and call them terrorists instead. what an absolute joke.
could never believe canada would take such drastic measures on its own people.
breaking: they terk er jerbs!
omg they went full facist. wtf is going. holy shit.
i guess we can agree canada is not land of the free.
i hope canadians remember all of this at the next election, for whatever those are still worth.
how about the government can go f&k themselves
right, these people are losing grip on power and i love it. the world vs a coward with power. victory will be glorious!
fuck then i’ll send btc to who i want.
trudeau is a globalist puppet clown, with the most punchable face in politics
i haven’t met any canadians who think the current admin is doing even close to a good job…so…who voted these clowns in?? seriously??
here it comes, the power given to authorities leisurely during the pandemic being used at will. this is what happens when you set precedents. any protest thisliked by the gov in the future they will just do the same thing.
this is completly overacting to peaceful canadians
wow! just wow! unbelievable! i personally own my semi and my trailer. all through the pandemic i hauled produce all over the usa and took product to canada! i can tell you this i will not be hauling to canada any longer. the pandemic was what brought me to bitcoin and now seeing this unfold really bothers me. if this does not bother every single person in canada it should. your leaders are criminalizing the very people that kept food flowing into your country. money then becomes irrelevant period. money is only a tool to barter for survival well money will become toilet paper and people will starve so good job canada! your leader is a major problem for all
tell me again how progressives are not the fascists? time to wake the fuck up, progressives throughout all the nations are like this, they are the true authoratarians.
\*proceeds to send even more bitcoin\*
authoritarian ultra-lefties be authoritarianising. edit: and before i get downvoted...fucking think before you do so. it's been a long time coming. disagree with the message? call them fascists and nazis. dehumanize and criminalize them as much as possible. then institute fascist ideas under the guise of "the right thing to do to protect society." free speech be fucking damned.
used to be a proud canadian and think our government was for the people… these days not so much.
canada needs to vote this fxck out of office. these people arent even trying to hide it anymore.
i thought they were just racist, misogynistic, transphobes. now they are terrorists too?
wanted: osama bin nakamoto
thank god it’s canada. if it was a country in asia or africa this would be fascism and authoritarianism.
canadians, this is the time you have been waiting for. don't give in to this shit. omg! if you do, the us is next and there it goes our fucking internet money you all. this is bad.
btc was built for this. cannot wait until we get private transactions.
doesn't fit 'the narrative', like some other protests. government thinks it can wait it out. please proof them wrong. go truckers!
but i thought bitcoin was impervious to this kind of government interference?
dumb fucks spending tax payers dollars on dumb shit once again.
same government won’t do anything to control money laundering in real estate or stop fake mortgage papers.
you know, i wasn’t really in support of the truckers. now, however, i fully am. overreaching government bastards. why do they get to dictate who i send money to? i had no desire to support these guys but now i do! stick it to them truckers! stay put! i may thisagree with someone’s argument, but you know i still think they have every right to make their argument.
imagine if every trucker in the country went on strike for 2 weeks...
just an idea that i have not heard thiscussed yet: what if the truckers simply go home? that is it. do not go back to work. nothing gets delivered. no food, medicine, clothing...nothing. the blockade would be gone and so would the accusations of terrorism. then, they could legally receive funds.
being real aggressive with those emergency powers that will probably be held onto at the end of this. gotta keep the people in chains as long as he can.
if the truckers didnt have the moral high ground before. they do now.
this will be your bank account 5 years from now. powers that be do not like how you spend your money, you can no longer spend any money... kinda illustrates why crypto^(^and ^nft's) was created, it is a control tool, 'you will own nothing and be happy...'
scratch a liberal and you’ll find a fascist every time.
former left winger here. fuck governments.
obligatory here is a crypto that gets around this bullshit. would be cool to see how this goes now.
when i saw that episode where people were being beaten inside their own homes in quebec by the police, i realized that canada was not a free country at all.
i love it when the people legally fight the establishment, so the establishment just makes new laws to make it illegal
trudeau is a dictator and morally corrupt fascist
this is absolutely incredible to me. is canada now a fascist dictatorship?
i live in canada. we're governed by a bunch of morons.
just another thing on the long list of reasons canada is a shithole of a country.
i'm ashamed to call myself canadian at this point...
they can’t stop crypto unfortunately. and as long as bitcoin atms are in every city there is no controlling it. all outside of the banking system as designed.
a drama teacher trying to be fidel castro 😂
so this is how democracy dies…
money laundering and terrorism\* they are putting these donations in the same pot as sending money to isis
fine. suitcases of cash it is then.
this is the biggest streissand effect baiting i've seen. this announcement is just screaming "donate more to them".
theyre doing anything they want now?
canada is an authoritarian left shithole
what does this have to do with bitcoin and what's with all the weird bot activity on posts about this that agree with the extremists? we're supposed to care about the what the career field that has the lowest iq of any of them thinks now? fuck those morons.
linux - meshnets - crypto currency. learn now while you still can.
bitcoin fixes this tyrannical commie shit!
i absolutely love when the government shoots themselves in the foot and literally proves the use case! what a bunch of small minded authoritarians.
pure evil. imagine if they enacted laws on 2020 in order to protect the people from the harmful mandates from the government that decimated the economy?!
let this be a tea party moment. more crypto, we can get rid of so much tyranny in one fell swoop by switching over to sound money.
canada is a dream country. how they put themself in this stuation man. i cant believe this happening right now.
for those of you unaware of the process, the anti money laundering laws make it a criminal act to send money to barred groups. if you get caught, you go to prison for financing terrorism.
it's crazy. i looked up fascism and it turns out it is authoritarian governments controlled by corrupt corporations and the underlying brainwashed muppets who follow their media pundits without any thought reason or question. and here i thought it was people who thisagreed with us and "hurt our feelings".
a g7 nation finally crosses the rubicon. we're at war.
where do i send money? a friend of truckers.
i will never vote liberal again. taking away peoples right to protest is unacceptable, we live in a democracy not a dictatorship. this is political suicide!
over 700 comments and about 3 collective brain cells in the bunch, dang.
this is the beginning of a social credit system. fight this while you still can.
i actually prefer living in a society where funding an illegal activity is illegal.
for mods, u. no activity before today but cake day was 9 years ago, and only comments are in support of canada government
if you gave money for someone to commit a crime... what would you expect to happen?
one question test to determine if an organization (or person) is leftist: "do you think those you thisagree with should be silenced?" clearly, i think that the canadian government has gone down that road...
they can fuck themselves!
can someone help me understand how this will affect people sending btc as donations to the truckers? so are the the btc donations effectively illegal now? i thought the whole point of using btc was to bypass all the govt and gofundme controls? how can they criminalize this if no one entity controls or owns btc?
canada passed a legal bill acknowledging bitcoin as a currency and is pushing bitcoin adoption.
*"i pledge allegiance to the flag of the united states of america, and to the republic for which it stands, one nation under god, indivisible,* ***with liberty*** *and justice for all."* let them try that here.
next step logically is to change careers if you are a trucker. they cannot force you to do trucking. ;-p
considering the armed group in couttes with plans to kill police, this is well founded.
horse shit is what’s going on in canada. don’t tread on me
truckers. onlyfans. mustache porn. yw
but the truckers are authoritarian fascists. .
some thiefy statists lol.
good luck enforcing that shit, lol... whole damn point of crypto is anonymity and avoiding fiat
used defi wallet... hide your phrase...and the government cannot take it from you...at all
trudeau is out of control on this. its a peaceful protest and hes cracking down hard af on them
wondering what else they squeezed into this...
“those who make peaceful revolution impossible will make violent revolution inevitable." -jfk
so to stop truckers from...being on strike(?) they made it illegal to give them money? i must be missing something
weird how the liberals are always accusing conservatives of "fascism" while engaging in it themselves.
im confused, can people not just give them physical dollar bills? you can do whatever the fuck you want with your own money just give em a fuckin
when they create laws like this, it is a dictatorship that has gone tyrannical.
if they can do it to your enemies they can do it to you too. this precedence is troubling.
the canadian government is going way too far just to silence a peaseful protest that they have not even tried talking with the truckers to try and solve. they went straight to martial law... must crush our enemies by force like a dictatorship.
hello, i see a lot of people are upset and are declaring war by sending funds to truckers. i am not a full time trucker but i played with toy trucks growing up. if you guys want to fight the movement, feel free to send me money so i may buy more toy trucks.
more than that. trudeau just literally implemented martial law and installed himself as the new dictator with unlimited war powers. canada is in a civil war. they are using state violence against their own peaceful citizens, and preventing them from living their life. it is really been a global civil war for the last 2 years as a small but shrill minority of people, so desperate for power and incapable of producing anything of value that they exit the free market and join government, have enslaved and imprisoned everyone else. we tolerate it in the same way that we tolerate the idiot at the party who never shuts up. but the patience is running out, and it is time your hysterical and mentally ill friends are removed from the room where sane adults are working to make their own worlds better.
f canada. now i’m sending more.
unpopular opinion: these people are committing crimes and are bush-league terrorists. it should be illegal to send them money. the govt is just doing its job here. i believe in crypto and want it to succeed. crap like this is the only thing that will hurt it in the long run and turn public opinion against it. it would suck if, for example, merchants in bengal are constantly screwed by currency manipulation or families in kenya have to pay 40% interest on a mortgage because some whiny truckers wanted to play victim and everyone suddenly valued being obstinate over everything else.
a public ledger working as intended
did i hear her say twice "supporting illegal block chains?". the crowdfunding services are supporting illegal blockchains? or truckers? what would make accounting software database illegal?
the government seems to be underestimating the people. they will find out i guess.
when you think things could not get more stupid
tried to find a short intro to the emergency act since i'm not canadian and it seems like it gives a ton of power to do almost as they please can any canadian give a better explanation about the full power and ability of this act?
canada is going to cause a spike. idiots that constantly want bigger govt are causing this problem.
these canadian politicians are really showing their true colors, just like justin "blackface" trudeau.
justin is a 🌈 🐻
guess the overlap between horse-paste cunts and crypto nutjobs is way closer to a perfect circle than we thought...
sickening, canada is a joke.
honestly surprised by the responses i'm seeing here and blanket support for these truckers in this sub.
leave bitcoin alone. she’s an innocent bystander getting highjacked by these “freedom fighters”. oh wait, that’s really freedom getting highjacked by a bunch of babies.
good. fuck those assholes. i do not care what anyone says about free speech or keep guvment out of our lives. somethings are just too far. the bullshit that was going on last week is one example. nobody here would condone the use of bitcoin or other crypto to pay for child pornography or human trafficking, we all have our own lines to draw. tldr...fuck the alt right(nazis)
maybe you should not fund illegal activity then... 🤔
unpopular opinion: fuck those truckers, do what needs to be done to remove them
canada does not negotiate with terrorists.
screw these dumb ass truckers. edit: screw the crypto community too. most of you are dumb as hell who think you're the only right ones. 🙄
my .02c as a canadian is maybe dont send money of any kind to the people who block international borders and whos convoys blocked entrances to hospitals? the logic is incredibly simple. dont send bitcoin to domestic terrorists.
canada is a fascist nation. that’s what happens when you vote in the woke mob.
funding terrorism is against the law. and?
these truckers = the real snowflakes
good. fuck these truckers
fuck these ignorant truck driving shitstains.
are they impounding trucks ? that could quickly bankrupt these trucker organizations.
good. fuck those snowflakes.
wow, the bots and white trash is strong on this forum. looks like this thread got selected by russian farms to blast upon.
you can stop the truckers easily and do not see why it has not been done. just close all restrooms in the area and ban bringing in porta potties.
more fuel for truly fungible coins.
has anyone stopped to think where that donation is getting collected?
proposing an ndp and conservative coalition! the ultimate fuck you too the liberals - lets fucking go!!! make compromise great again.
good luck enforcing it on bitcoin
apparently, nothing is criminal in their tyrannical government eyes.
"do something about rich people using tax loopholes and tax havens" "oooooooooohhhh we just did a tax thing!"
wow, they’re really fast at taking action when protestors show up at their door. what happened during the last 10 years of obvious money laundering in b.c.?
i'm sure this will never be used for anything but that. wether you agree with the protests or not i guarantee supporting this decision will come to bite you.
fuck team proud boys.
itt: uninformed people taking things to the extreme without understanding the situation because of sensational headlines
this is has always been the biggest threat to any form of currency, whether it is bitcoin or gold. what controls the government controls our currency.
some very deep throats in here for the state’s boots
how about stepping back and drop the mandatory vaccination instead? they would show weakness, oh my god, strong canadian retarded government cannot do that. covid is already fading away ffs. ' not a fan of what truckers are doing, but holy hell, do the right thing here maybe?
god wtf is this sub. all the reasonable canadians dealing with this bs are downvoted to negatives and you have quacks at 100 votes up lmfao
trudeau is a pussy
i think canadian is about to have some serious problems. wtf is wrong with those people.
its a 1 month use of an emergency act. it literally is not a new law. its an emergency protocol for these exact kind of situations.
canada led by communist trudeau. this is what happens when you have communists running your country, they try and take away your freedoms but can still keep theirs. they try and say capitalism is the reason the world is failing yet these people benefit from capitalism the most? i hope them truckers stand strong.
remember when people thought bitcoin couldnt be regulated. well there you have it.
the people involved are terrorists and the whole republican party is following suit. anybody who supports them can get fucked
either that dictator gets deposed and his party banned, or people will become slaves in a one party state.
government takes steps to save its economy. shocking.,
good, these guys made my commute to work 4x longer
that's the way to treat your citizens. i am sure that will work out well.
the truckers are snowflake dumb fucks and this will only further the argument made by detractors that bitcoin is only useful for criminals and terrorists.
probably should of scrapped the vin tag & pull the plate. call it a lose if it comes to letting them have the scrap metal once you destroy the main components. come and tow it with locked up axles. have fun. they can force truck drivers out of the city but they can’t force a driver to drive.
america has a literal insurrection and our politicians cannot even agree it happened canada has some dumbasses on a road and they flex their full laws to fuck them
i mean...they cant stop it if people take a few simple steps. bitcoin atm's are everywhere.
canada beat murikkka to martial law.
the truckers are criminals who block the roads and refused to leave when told.
fucking good. they wanted to shoot and run-over civil rights protestors when they blocked roads for a few hours. now when they do it for weeks, literally destroying two nations’ economy, these babies wanna whine? fuck them. i hope this snuffs-out the astro-turfing.
this is nothing to do with truckers. the people blocking the border crossing have extremist intentions. [here is what the rcmp confiscated at the protests in alberta.](
does no one here understand that this is a temporary measure under the emergencies act? there is a built in expiration of 30 days for any declaration under this act. this is still a very passive approach to a problem that is severely effecting the lives of regular people. would you rather have had the military come in to remove the convoy?
i support the truckers only because it’s fucking up the auto industry 🤣 anti vaxxers can rot though. natural selection gonna run its course
so canada is now a fascist country?
wonder how public blockchain will help... the minute you try to convert throught exchange you are busted.
oh my gourd!? are enough people fucking sick of what the government tells you what you can and can’t do? need all these karen’s to go and fuck off.
good, fuck you guys for supporting such a shitty movement. it does not make your fagcoin look good.
ok i wasn’t interested in this but now i want to donate some coin. where?
>bitcoin, cash app, or go fund me one of these is not like the other 🧐
if you’d stop posting everything on the internet
whats the best way to convert bitcoin to cash in canada without verifying id? asking for a friend...
fyi: you don’t need to use a bank to use crypto.
looks bullish in canada atm.
juts buy them a house in vancouver and it will be all good.
do not see them banning giving gold to truckers ^^^^bitcoin ^^^^not ^^^^a ^^^^currency hmmm
come get me i’m american
there we go 😆🤢
free country of canada
if they criminalize sending bitcoin specifically can’t people just send them other forms of cryptocurrency?
so let’s look for alternatives which can be easily converted to money but are not legal tender as currency in canada. what about a drug like cannabis. hey i forgot, cannabis is legal in canada. what a country
ok so where is the btc address for donations?
so we finally have proof: who’s the real terrorist now?
this is why they want to take your guns - do this in america and something's getting burned down
fine, let us send some more sats to the truckers to support freedom.
send funds to support people who fight for their freedom = money laundering, terrorists. governments print unlimited money, sell weapons to other countries, able to start a war, stole money from people, banks transfer billions for politicians for their dirty works, = absolute legal.
if a judge and juries can barely understand it, how would they prove it it court
thomas jefferson once said "when injustice becomes law, resistance becomes duty,". because this is how it looks like when freedom dies and this sort of struggle is timeless. star wars with luke, hunger games with katniss or more real examples like viktor pestov during the soviet union. so what do all these archetypes have in common? courage, courage is the only thing that will save us from ourselves. and we all have it within ourselves the potential to change the world for the better. you just need to dare state your convictions with courage and stand firmly on the ground, knowing that our forefathers also felt the call, the duty to do the same. only one candle is needed to light up thousands, only one candle of courage is needed to light up the world.
presto-changeo! just like that democracy & civil liberty is swapped for totalitarianism. what the actual fuck.
wasn't one of the steps of operation lockstep the introduction of martial law by feb? hmmmm. how coincidental, is not it?
screw it ... let us rumble now ...
this is dictatorship. no way
can i buy steam gift cards and send them? nice try canada.
does anyone has a link so i can monate i would like to see them try, suing me in germany
what are they gonna do if i am not canadian but i send them money? are they gonna extradite me from whatever country to be processed in canada?
solution: instead of sending it to a trucker, create a new wallet, then send it to that wallet (i.e. to yourself). then give that wallet to a trucker.
how will they know the bitcoin was sent? since it was not sent through their channels. while countries in europe and south america are welcome crypto payment platforms like utrust, canada is making it harder. not cool.
this is crazy. canadian politicians are insane
did anyone else grow up thinking that canada was maple syrup tim hortons and hockey and not a hotbed for fascism
just grow the little mustache already trudeau
the only way this will work is if everyone involved creates and participates in a bitcoin circular economy. this is where all people involved accept, save and transact strictly in bitcoin. they accept bitcoin for their services, keep it in their wallets, and use it with other like minded people for goods and services it's hard to get used to, because after so many years using fiat, and relying on the government censored banking system, people get scared, and proceed to cash out their bitcoin holdings to fiat banks. this is where the govt can then freeze and monitor their money i hope everyone spreads the word, use wallets that are self sovereign, like samourai, wasabi, sparrow wallets. if you buy or have received bitcoin from people that have bought it on regulated exchanges, learn how to coinjoin them using wasabi or samourai wallet so the govt cannot track these to your identity i do not give a shit whether you're left or right when it comes to politics. if you do not find what it happening right now when it comes to free speech and free assembly both terrifying and infuriating, then you have never studied history and will be ashamed having to tell your children or loved ones you did not do anything about it once a circular economy begins to feed on itself and snowball, it is game over for the tyrants in office today
this ain’t about the truckers no more
boot are made for stomping, and one day government will stomp all over your money too.
this is the part where everybody sees that their “decentralized system” is just as controlled and monitored as every other system out there.
yeah what do we need fiat for? those truckers will simply stop using your government shitcoin and pay for their diesel fuel with bitcoin.
lmao while i watch it, it gets deleted
sad day for people who understand the important of freedom. shame on these canadian puppet politicians.
i feel like in a few years will all be living in mirror's edge. except without the badass free running hero girl to save us all. but i think that is where this is heading.
bitcoin having a little break out on the news? maybe its because canada did not say please and ask nicely so they know they are not serious.
you do not need on ramps and off ramps to a failed currency.
this should be a major red flag to those that own bitcoin ! countries want control of you and your . they will criminalize it and you will be labeled a terrorist
bitcoin seems like unwise choice for money laundering unlike the gofundme thing that was used in protest circus in canada
good luck proving any of that. you could always say you sent a friend or relative money with no idea it was contributing to the whatever trucker road block.
time to teach them btc can’t be stopped. we need to make sure they understand this lesson
great news for us
this headline is clickbait.
why are they changing laws instead of just raiding the protest and detain everybody who's blocking the road? i thought these trucker were just anti-vax morons but starting to think they might have a point. the video is very thisturbing...
lol oh no you cannot fund criminals anymore just like you cannot send money to the crips and bloods
bitcoin is now been taking serious 🧐
canada looking a bit authoritarian these days.
as much as i do not agree with the protest, trudeau will fucking do this, but not go after real criminals laundering money in our real estate which has made most canadians lives worse if they do not own. fucking joke.
wow nice move, millions of people just got emotionally invested in something they would normally have very little interest in. these people will be on the side of the "terrorists" out of pure spite for this rediculous overstep of power.
we just need canadians to take the american fix and start running these people over with bulldozers tbh
thanks truckers... now the government is more oppressive.
canadien government can end all of this by simply eliminating the unscientific mandates. but no, authoritarianism it is 😕
us d's 2020: "if he wins again i'm really moving to canada this time" us d's 2022: "if we lose the mid-terms democracy is dead, i'm definitely moving to cana... nevermind"
interesting, crypto will defeat their control.
how weird is it that the goverent of canada can pass a new law overnight that fits their current agenda. yet when the people of canada request a change to any fucked up government law it takes them years and most times never to change said law. i think they just exposed how crooked the government is and that although they can truly make change, they choose not to unless it benefits them directly!
oh and i suppose we know who owns what wallet now eh...? stfu
it looks like they are willing to go tit for tat. but how far?
donate to honkhonkhodl bitcoin page. they’ll need more money now than ever for lawyer fees. freedom and truth will prevail.
scum bag government in force
meanwhile in communist canada...
remember... just because people buy bitcoin it does not mean they have any idea what's going on in the world... they can still listen to the idiot box in the corner of the room
okay. now let’s stop the money laundering on our houses so that the prices aren’t absolutely insane.
and good luck with that, canada!
kinda makes me wanna donate to the truckers. what are they gonna do, ask the us to extradite me?
these are totalitarian acts which show the hypocrite, amoral and undemocratic characters of canada's leaders. i have to say i'm quite shocked by that. and i believe, whether one agrees personally with the truckers point of view and actions or not, these are nefarious antidemocratic actions against some of the countries most important and hardest workers, i believe this government will in the end reap what they sew -a storm of massive proportions. where can i send some crypto to the truckers?
most of the money is coming from outside of canada so good luck there, junior.
what if govs are preparing for something else
what a bunch of fucking crooks. the government i mean.
not your keys not your cheese
so if the truckers have been breaking the law first by blockading pubic roads, what does that make the donators? if you are literally paying someone to commit a crime?
so bitcoin is a currency now ? 💪
they will do anything to have full control over us! there's no freedom only if you play by their rules. smh.
don't kid yourselves. this is a coup.
seriously curious, is there any way at all that a bitcoin transfer could even be known? illegal or not
good luck finding out who sent the coins through the mixer b1tch3z!
people were defending gofundme for shutting down donations, but with this move it is pretty clear that the canadian government is sliding into authoritarianism.
hey guys, this is important shit. housing in canada is beyond fucked up but this is actually quite important
trudeau just declared war on the people of canada now the people must remove him immediately
canada has fallen into tyranny. this is what fear does. it destroys everything that is good in the world. the revolution will be honked.
yeah... that definitely will work...
good i’m glad. canada only likes laundered money from foreign countries to buy real estate
wow now just stop the money laundering in our housing system. these fuckers can just change that over night, meanwhile money laundering has been rampant through the housing system for decades.
incredible how truedeu is using such facistic methods. to stop a protests lol
somebody send them some monkeys!
how is a donation related to money laundering?
man... if only we had a layer 1 p2p cash system!
sending money is now illegal in canada? seems like it is be easier to take the l and give the truckers what they are asking for
hope this applies to the politicians
the fact that they took action to put this shit in to law so quickly tells me the true value of btc.
donations are now laundering. 🤣🤣. canadian govt is off its rails.
this thread on why btc is important. now, even to the western world [
imagine these lost people living under a regime that steals money from it is citizens who peacefully protest and tell everyone they have the wrong opinion, and the the government has the correct opinion, and still, they think everything is fine. if only you had guns to defend yourself from a tyrannical government
so they are changing laws as they see fit? interesting
they're not criminalizing sending money to the truckers, they are expanding their ability to slam on money laundering operations and already illegal funding by blocking the loophole that launderers have been using via crowdfunding platforms and crypto. inflammatory fucking headline to fuel your agenda
where and how can i send?
criminals crocks what they are
this was coming one way or another and the truckers are just an excuse to roll it out earlier.
maybe i'm wrong but i do not see this solving any problems with the truckers in canada. do you honestly think that creating a law to prevent this is going to stop the transfer of money to these people. just because cannabis is still illegal in a lot of states in the united states does not mean people are going to stop smoking it.
i can’t imagine what trudeau is thinking 🙈
yeah freeze all bitcoin now
can someone eli5 me this story? i thought the truckers are the good guys here apparently they are criminals
who is tracking this?
canada always be solving problems we have not even heard of
good for you canada
government could also secretly give more money to the trains.
didn't know an open permissionless peer to peer network was laundering... learn something new everyday i guess.
but it was completely ok to send blm money during the burning down da house season. media is pretty strange.
this not a new law. it dates from 1988. this is the first time the act has been invoked or used. nothing in it is new. the use of fintrac to follow the money is of long standing. in this case it will require the online entities to register and report to fintrac large transactions. the title of this post is at best misleading and at worst misinformation derived from the official announcement by canada's finance minister.
have to restore order.
the poor must stay poor!
good thing you can send bitcoin anonymously then lol
good, they are refusing to listen to scientists and think their protest is important, but it is just sad and a pity they think they have ground to park on
vancouver would like to have a talk about money laundering
but people, democrat law makers, and democrat foundations could raise-funds and donate to blm and antifa while they raped our towns and businesses for a whole fucking summer. i’m so done with this fucking world.
banks still have no idea how to enforce this. it makes no sense to them, and they are waiting for clearer rules.
canada is such a joke. rip. time to leave this place.
never thought ole canada would be the one to slip down the tyranny slope. guess years of poor healthcare fund thistribution and roaring housing costs finally made the nice people of canada realize their government is not their to help them. rather its there to control them.
oh, the canadians thought they had a democracy! but aunt trudy is here to remind them its an oligarchy
while i think the truckers are being a bit thick... this is some bullshit
sad bro...really sad this canadian clown is acting like this.
it is time for a new government. replace them all.
facism at its finest.
god forbid you protest against a government. i’m so happy i have the second amendment.😬
big governments want pure power. control who, what, where, when, why and crypto. thank a democrat.
lol "were fighting government overreach!" \>gives pm enough excuse to expand his powers. *surprised pikachu face*
i'm not surprised by his fascist actions... he is the son of fidel castro. the apple does not fall far from the tree.
ya idk... they let money laundering in bc casinos go without consequence. real estate as well. cant even afford housing now. as much as i thislike the freedumb truckers, idk how donating money to their stupidity is illegal? you're not going to stop foreign investment from making housing unaffordable but you'll stop stupid people from giving other stupid people money ...
ah yes, let’s continue to go down this path. one day people will wake the fuck up and see.
if only the us could have done this during the blm protest then maybe dozens of people wouldn't be dead and cities wouldn't have burned, and business wouldn't have had to close. in the end, remember, violence works.
canada 🇨🇦 at least they can play hockey
we should force coinbase's hand by putting pressure on them to stop payments to certain addresses. bind these centralized bastards up real good.
does this mean canada can request we extradite paxton, desantis etc for money laundering?
try buying a house in canada with bitcoin profits and banks will give you a heck of a time applying for a mortgage as they will flag the money as laundered. but the money laundered through real estate via llc's and law firms is staggering. the people in power turn a blind eye there cause they know it is needed to prop up canadian real estate of which they have a vested interest, in the form of holding multiple properties themselves. the way canadians treat their real estate as unstoppable investments is 100x worse than how americans viewed their real estate pre 2008.
and why do they do it? they obviously do not understand that they can simply provoke a riot with their actions.
they are not free like in the us.
im just remembering all the times canadians threw rocks and looked down theirs noses at us here in the us. you guys are just as fucked up and fascist
cash and gold are king again. thanks justin lol!
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it’s never about the money. i know truckers who work for comapny that makes 5k, if you own one truck your home take is 8k, and if you travel to states it’s 10-15k… -it’s never about money. plus these truckers can own their own company to avoid paying high amounts of tax… just sayings it’s not about money here... these truckers are not your average joe working 15... they have multiple rental priorities, trucks and houses… think before you post...
i don’t get it
that's a real bitcoin test. can't wait to see the score!
watching from outside the us and canada, this appears, on the surface as absolutely fucking nuts
uncool. truckers deserve our respect.
very simple; money laundry laws are to prevent money laundering, not to prevent truckers to receive money because they protest. this is law abuse to target anti-mandate protest & it’s non-democratic.
i'm sending truckers money now.
this is canada's sanctions on the truckers. i'm very surprised of canada's leadership. then again i'm not because the u.s. leadership is also in the toilet.
yet they are early releasied 10,000 fentonyl dealers last year.
monies not going to truckers you nooblets
this is a very american move. canada is now seeing what it is like to have to deal with these kinds of morons.
see this is how a govt effectively deals with conservative right wingers thinking they can just act a fool without repercussions. shut that noise down, arrest them and prosecute to the extent of the law, no pats on the hand.
there’s absolutely no difference between these truckers and isis. terrorists don’t deserve funding.
trudeau, the flip side of the same coin as trump. dictator wanna be. gotta love seeing the horseshoe effect in full view, fun times.
what truckers? can someone bring me up to date on this situation.
the canadian government does not fear crypto, we do not like it when foreigners use it to fund insurections in canada. how would the us feel if you found out jan 6 was funded by... china?
on one hand, this is a bit scary, in that governments can simply choose to block funding of organized protests. that being said, these people are horrifically stupid and should suffer the consequences of their entitled idiocy.
because this worked all those years silk road was in operation lmao (and totally continues to work with other darknet markets)
i think there is definitely a little bit of risk
well i don’t live in canada so take my money
lol. go screw yourself canada.
what this does is open up the possibility of detaining and procecuting u.s. citizens who have engaged in both direct action on the ground and in the financing of this motorcade using the **patriot improvement and reauthorization act ot 2005**, paticularly *title iv §§ 404; 409; 410*- yet *title v* and others can be also used to bolster clear reasoning towards extradition and trial. let's hope. sadly, most of the arguments will be about intention, and one can only hope that it is a military tribunal judging them.
a *lot* of apologists.
soooo bitcoin is a looney now
can i send rsgp?
if you as a trucker still uses those stupid fund sites and not use btc to receive funds you deserve to get ripped. it is clear what the stance is from the government to these truckers and if they allow this to keep happening then your cause is just going to lose.
as much as i think the truckers are morons, this is totally wrong to criminalise
this is a good thing, dont fund terrorists.
they should be aware that they can not win against crypto.
if you truly care about these issues, please consider sending your donations to the [canadian civil liberties association]( instead.
where was all this effort when blm was burning down cities. lol
the fact that governments are tracking bitcoin transactions makes any argument for bitcoins existence moot.
what’s canada going to do? come to america and lick deez nuts? can’t stop me from doing that i want to do.
trudeau isnt even hiding that hes a dictator anymore
i'm a bit late to the party, would anyone mind giving a quick rundown on the situation?
good move. shut them, take them away, sweep up the mess so the rest of us can move on.
barely can go more fascist
my first thoughts exactly ha. if they can’t get a cut in the shenanigans, then they seem to move pretty quick.
how does that work?
exactly. they cannot control it so they ban it instead.
not to rain on the parade but it seems like the government has no issues with it, one simple law change and they outlawed it. next step is prosecute anyone using it (since we all know bitcoin is not truly anonymous)
the government fears people taking their freedoms back, bitcoin just happens to be a vessel right now.
they made it illegal to provide them with fuel, too. therefore canada considers fuel to be money. it's probably written "...providing material support, financial or otherwise..."
it also only strengthens the conviction behind creating coinjoins and dex's just to say fuck you to the government.
so does seizing funds donated to a protest.
absolutely. it's eat shit or die for these governments
they did not outlaw the use of bitcoin. although i'm unsure what exactly this "money laundering law" is in particular.
>but but but bitcoin is not money in the government eyes. go tell that to cra (canadian tax authorities) for me...
yeah what happened to bitcoin being not real or a scam? if it was, it wouldn’t be on any watchlist.
lol, now they are afraid of btc, we're definitely winning boys.
bet your ass these truckers will be maxi’s after all is said and done.
im not one to believe conspiracy theories but its pretty clear theres an agenda for the big powers out there! and we better look out for ourselves before it affects us.
imagine for a second they did this with material goods and food. starve their own people, cus that is what they are essentially doing.
use muun wallet. donate bitcoin or use lightning for more privacy.
the chinese are behind everything. you're witnessing the systematic thismantling of western ways of life and the death of freedom. china does not have to fire nukes to topple the west. they can buy our self destruction.
and take your coin off exchanges, because the big guy will decide to preventatively take your coin so you do not "wrong" with it.
that's not correct though... especially if they link a address directly to themselves, eventually any gov will put a fine or request the money back. and it is a public record as to how much money is on that address... we just saw that happen a couple weeks ago.
yep, you're right. gonna go all in on the btc. already doing that.
until the social media site censors you
canada was way cooler 2 years ago.
just commenting for algorithm but man, what a relief. i honestly started feeling sick after nobody reacted to this terrible news. how are people still asleep????🤦‍♂️🤦‍♂️🤦‍♂️🤦‍♂️
also bitcoin has outperformed every bitcoin company
canada is a giant land bank for chinese money.
chinese money isn’t a risk it has support the canadian economy for +10 years
it show how easily they could fix all those problems, they really do not want to fix them.
i know eh. shows where his real priorities are. unfucking believable.
they could never be trusted
i'm up big on bitcoin. yeah fuck that now. bitcoin is the exit plan. i dont want to opt into a system where the government can unilaterally freeze my account and take my money without recourse. the precedent of this is dystopian as fuck.
i no longer trust them and never will again
or just use the lightning network and stay in bitcoin.
yep, and i like them. they are important for this space.
what are examples of privacy coins
"privacy coins" are mostly pointless. bitcoin can meet any privacy needs as well as any other existing technology using coinjoin or lightning.
maybe the real answer is we cannot trust truckers anymore to do their job without complaining.
shroud of the dark side has fallen
when an immoveable object and unstoppable force meet monopoly money.
so this is what people mean when they say 'crypto fascism'. it is when a fascist 'western liberal' state starts cracking down on cyrpto to keep power
won't stop bitcoin but it will add significant friction if it is not easy to cashout to a bank account or buy what they need with btc.
they'll do whatever to stop crowd funding they'll do anything.
is the emergency act the canada version of martial law?
hey it is only terrorism when they do not like it.
a dictatorship is happening.
government robs you even if you do what they tell you to.
next time, it will anyone whose esg score or carbon footprint isn’t “correct” — freeze orders to “save the planet”, financial coercion and control and blacklisting.
there already multiple rumours that there will be banking withdrawal limits.
canada is not a democracy, is a socialist dictatorship.
exactly, now its the truckers, next it will be you, and there would not be alpha males to stand up for you.
it's...it is... it's those big bad twuckers weehhhh!!!1
yes, those blockading key ports of entry and occupying our nation's capital for three weeks and counting.
you can hear the reason in the video at 1:49. >damaging the canadian economy the non-violent protests started hurting their wallets, that is a big no-no.
because our pm is a dictator and will stop at nothing to receive all the power possible while simultaneously abusing and destroying canadian’s lives. he’s a narcissist who can’t see past the end of his own nose.
they're holding the capital hostage and demanding the prime minister (who was recently reelected) resign and hand over total power to them. they're killing the ottawa economy, harassing its residents, and breaking many laws with impunity. they are not writing any new laws; the emergency powers act was written in the 80s.
the truckers' problem is they collectively placed themselves in direct opposition to an authoritarian state and its propagandizing bootlickers in the corporate press. once you do that, you're done for, no matter how peaceful you are.
they placed a few people at border crossings, and didnt remove them, and can now claim borders are under attack, while at the same time trying to remove the real protest (in ottawa) which is peaceful, yet annoying.
multiple reasons. they are intentionally blocking: ambulance drop of zones a major highway for the flow of goods between the us and canada (moving this to a federal issue, as opposed to the local stuff you normally see) the other issue is that these truckers are jam packed, so moving with any urgency (like actual life and death type stuff) is impossible. so overall, on top of being dicks and desecrating the national war monument, they are intentionally thisrupting vital emergency services, and a major tansport route between the canada's strongest ally. or, you know, government bad, vaccines cause autism, so start shouting authoritarianism at the top of your lungs.
i think it is more than a nuisance, they are blockading entire main streets. can they even get food into shops etc? and any other essential supplies? it sounds like they have ground the roads down to a halt and nothing can get through. which effects all services, public transport, food supplies, medical supplies, everything. they can protest but this is effecting essential services by the looks of things and they are holding the city to ransom.
they are thisrupting the peace, trade, emergency vehicles and overall being assholes. my buddies an ambulance driver and they have actively stopped his ambulance several times with their slow roll. the last time he had a kid in the back coding while these assholes are honking and not letting him through. the majority are not truckers and are fucking over real truckers with their arrogance. all the major trucking unions have spoken out against the blockades and actions. protesting is fine, sitting outside people's homes blarring horns all day and night and blocking every day life for everyone is not. this sub and thread is dramatic as fuck on the wrong side of things on this one.
honest question. do you consider attacking people on the street non violent? that is. or how about loading some trucks with illegal (and some legal) guns, ammo and vests, blocking an international border and telling the cops you'll kill em if they try and stop you? also happened. today in bc they rammed a truck through a police blockade and the other day a fake bomb was sent to a hospital they were protesting near. it's only non violent if none of that counts as violence.
they are not as non-violent as claimed, for example look at the 13 arrested in alberta for planning a forceful resistance and consider the cache of seized weapons and supplies to carry out said resistance. there is also a huge difference between blocking a road in a city or a logging road for a couple days versus an international border for weeks. they are not writing laws, they are executing laws standing for decades.
fascism but since he is on the correct side no one in media or in power will call him out
they are a bunch of dictatorial thinking people. trudeau in fact said he admires china for its soft dictatorship, because the goverment can easily achieve what it wants. this is right out of the powerhungry, fragile ego, dictator handbook
their non violent protest has been thisturbing the noise of everybody around them and has costed more money than any destructive they could’ve physically created.
they are violent, they’re blocking supply lines, they’ve been arrested with illegal firearms in their vehicles, how fucking hard is it to do a few google searches people
you just got north-koreanized.
not without your paperz
gotta cash them out somewhere though.
i think the question is whether they are doing something illegal, and the funding helps them continue doing something illegal. that said, i've found the response here on reddit to be very odd, in that they are ok with this tactic in scenarios where they do not agree with the protest, but not ok with it in scenarios where they agree with the protest.
i think calling it totalitarianism is more accurate than calling it fascism. fascism is more focused on hyper nationalism, far right social views, merging of state and corporate power, etc. fascists attempt to sacrifice the human rights of "undesirables" in pursuit of greater freedom for the "good guys" or the in group. totalitarianism also does not allow thissent, but it does this by regulating and micromanaging every aspect of everyone's social and economic lives. there's no in group or good guys or ubermensch that these regulations serve to lift up and encourage. it's just total domination of all of humanity for the sake power. fascists at least (wrongly) believe that authoritarianism will benefit their race, or their clan or their country and make them stronger. totalitarians want unlimited power and to make their people weaker.
yes sir, but it is to "stop the terrorists" so it is okay according to the media
i have been in bitcoin since 2014 and i am still hodling. i will not cash out for fiat however i do see myself actually using the network to purchase things for myself. till then, i am not ever going to cash for fiat, and todays actions by canadian government have made my resolve even stronger. i do not think this is fascism, i do think this is an over reaction of the government and the precedents set today can very well lead to similar totalitaristc governments such as the ones in nazi germany. i also agree with the general message of the truckers. i think that covid has been used as a political tool and at this point the measures and mandates do not make sense from a science perspective. i do not believe that we are at this point in the pandemic saving any significant lives by keeping these measures and in fact i believe that we are harming more than saving. i believe people are loosing their jobs and lively hoods, addictions and overdoses are skyrocketing, the mental health and obesity is at its worst, the children that were young and needed to socialize in their early years will probably have lasting effects from this and the list goes on. [this interview with brian peckford, the last living first minister that has participated and signed the charter of rights and freedoms]( is eye opening and very well articulated of my grievances. i know that jp is a very controversial person, but in this interview he is very concise and the content is solid. i am scared that we are giving into fear and panic ( or the media is convincing people) to the point that we are allowing the governments to erode our rights and freedoms unnecessarily. i support the peaceful protests that truckers set out to do. i watched this turn from a fringe minority to an emergency act real quick. i have seen in real time the slandering from the media and fabrications while also being able to see live feeds that thisprove the narratives. however, i also think that the truckers are in the wrong on two main points: 1. blocking borders 2. honking i agreed with the message of the last years blm protests but i was not a fan when they started rioting and looting, destroying public property etc. in the same way i am not in favour of truckers blocking the border, tanking the economy and encroaching on other peoples livelihoods by thisturbing the supply chain. i do not think it is act of terrorism but i do not also agree with it. even though i support the message and i think it was very effective to get the governments attention, doing it for such a prolonged time, they are not in the right there. the second, honking, it was funny at first. however, they are essentially harassing the residents from ottawa for no reason. i can understand making noise for a bit during the day, but the truck horns are loud. onto of that they were going to far by bringing train horns on the back of their pickups. that is just straight up unbearable and doing it 24. with all this being said, i do not think they are at the level of thisturbance as last years blm protests. i do not think that this was justifiable to use the emergency act and this sets a horrible precedent for future bad actors to use it for any "emergency" they see fit. as others have pointed out, people are selfish. when they see their "enemies" or people they do not agree with politically be squeezed by the government they cheer and are happy, not realizing at all that they allow themselves to be exposed now to the same treatment in the future when they are having a non approved government opinion. going after peoples money is evil. when the government is able to tell me what i can or cannot do with my money, i do not really have that money. they are just allowing me to have it at the moment, but only to be used for approved uses. that is not freedom. this should be a wake up call for people that we need a decentralized form of money that we do not rely on trust from anybody but the underlying mathematics. today you may agree with the government and want to cut off the funding for the truckers and take their possessions. however, know that in the future this can then be used against you in the same way when you have an opinion that does not alight with the status quo.
kind of. this isn’t new btw. america does this too. the only difference is that we don’t have an explicit law like this. we have loop holes in laws that can have the same effect to this. for example, fbi stopped edward snowden from receiving all financial gain from his book that was bought in the u.s.
yes. doesnt matter if you agree with the truckers or thisagree, everyone should be genuinely scared when governments are trying this hard to stop peaceful protests.
serious question. [is this terrorism?](
lol depends on your politics. if you’re anti-fascist it’s not fascist. if you’re familiar with history it’s very fascist.
fascism is anything you do not like. so yes.
financially crippling people who freely assemble and seek redress from the government? pretty much. i cannot believe i am seeing this. i do not really care what the truckers are for or against - but seizing private property of citizens whose political speech you do not agree with? i bet canadians wish they had a fourth amendment. or a first amendment for that matter.
“fascism should more appropriately be called corporatism because it is a merger of state and corporate power.” -benito mussolini yup.
shush it is reddit.
yes. yes it is. “scratch a liberal and you’ll find a fascist.”
yes, 100%. the economics of fascism is, to put it easily, whenever "private companies are threatened into doing ." it's basically when major companies are threatened by the state to do its will. fascism is just a lesser degree of socialism, which is itself just a lesser degree of communism. the nazi's were fascists, but their economic policies (and genocidal policies, really) were almost identical to the communist russians (and modern day ccp). bring on the downvotes. i'm right.
no one will say it because it’s the “liberal parliament” if it was the conservative side doing it they’d be burning half the country down like they did in 2020 in america
shhhhhhhh. they like to pretend that word means something else.
is this a political philosophy, movement, or regime that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition? no.
the “truckers” in this case have stated they want to [abolish the current political party and establish themselves as the ruling party.]( these people are led by figures with questionable ties to groups like the soldiers of odin. these aren’t east bound and down “truckers”, they are [useful idiots,]( half of them can barely spell.
no. preventing terrorists from receiving financial aid isn’t fascist, it’s expected. if this was a bill targeted towards ordinary citizens, that would be one thing, but these people have obstructed navigation in a major city and are doing so *for the purpose of* harming the government and, by proxy, their countrymen. if a group of people took over a federal courthouse and held it hostage, they would be terrorists. these people are doing it to a major city.
ah yes, wearing masks = holocaust.
do you really don’t understand what fascism is ?
it totally is. i am in canada i voted for the guy when he was just a pretty face who said nice things. he is primarily an idiot. i do not know how he skated by 3 corruption scandals.
serious question: isn’t violating noise ordinances for weeks, public defecation, property damage and serial harassment by a coordinated group organized crime?
completely fascism. fuck trudeau
yes and the worst part is attempts to counter it are being called fascism. people are accepting this narrative, which while it sounds insane gets you called insane for pointing it out.
to be fascist in true form they would have to speak italian, but alas... only french and english at the moment.
i do not know it is complicated af, on the one hand they are blocking roads and thisrupting people and costing the country money, and they could be funded by foreign sources, on the other it is blatantly a move to make it harder for protests once they reach a certain size and start to threaten the legitimacy of government i do not know if i'd call it fascism, to me that is a whole system of governance, but it does give me an uneasy feeling given the government already had the powers to stop protests once they are breaking laws, and now they are expanding emergency laws that they are only invoking again because they themselves crossed a line and pissed off too many people
not really no. every action they take has to respect the charter of rights and freedoms (canada’s document of rights) they just don’t need explicitly legal permission to do so. it’s the difference between spending several months passing a law to seize assets, or just doing so because it’s an emergency and it’s not a violation of human rights
serious question is this a reddit moment lolol
the prime minister has to get approval from other members of parlement within 7 days. they don’t have a majority government so if the conservatives and ndp get together they can easily stop it and it won’t have lasted more than 7 days.
yes but facism is okay when it is people who reddit does not like
i don’t mean to get to political on a thread about bitcoin though.
no lol, this is just liberalism being liberalism. restrictive monetary controls != fascism. that's something that liberalism does. though liberalism can certainly exacerbate to fascism.
serious question: what definition of fascism could you possibly be using to justify this comment.
serious question does thinking logically hurt your brain so much that you just stopped doing it? what's next for you? defending the hells angels because the police arrest them for money laundering and racketeering?" no, everything you thisagree with is not fascism.
yes, fascism is when the government does something i do not like. the more i do not like it, the more fascisty it is.
no, look up what fascism means lol
no, it is a democratic socialist government enacting powers available to it in order to stop the illegal blockade of multiple ports of entry to the country and the weeks long occupation of the nation's capital city.
technically yes, but also no, depends what your definition of fascism is. it’s a tricky term. however, it is authoritarianism. no organic democratic legislator voted and approved this measure.
actually, most of the fascist groups in canada are in the convoy and recruiting from it.
they make the laws, that is the problem
fucker snuck in a snap election when he knew his chances were highest. it was a shitshow
thanks to the world economic forum and klaus schwab. you will own nothing and be happy. btw chrystia freeland is on the board of trustees for the wef.
welcome brother. it’s awful -us
bro, you've been a police state since they took away your firearms and you complied.
casinos are created from the ground up for the express purpose of giving the state a cut of organised crime money. usually with some politicians brother-in-law taking a lump-sum up-front payment. they do not even really try to hide the fact.
exactly. i wasn’t going to donate but now i’m considering it. they can’t stop a protocol and peer to peer.
how do i donate?
thank you. as a canadian i appreciate it.
canadian here. moving to the us in a few months. can't wait.
what's five eyes country
yeah the liberal gov and the cons in ontario have just been pressing buttons and pluggin their ears this whole time the protest has been going on. all they care about is preserving their veneer of power and control.
for reference, watch the last speech of romanian dictator caucescu. protest became revolution very fast. chilling footage
maybe not worst worldwide...
+1 yet so fucking proud of what these people are doing.
i hope more rise up and help fight these tyrants
a few years too late?
cause like chairman mao said: power goes out the barrel of a gun. and the state has the most and best guns!
like father like son
i do not know of a legitimate donation link right now, nor would i endorse donating due to the fact that the canadian government and its supporters are rapidly becoming quite fascist, going so far as to designate people who protest or donate as "domestic terrorists". this is dangerous territory. the twitter account []( has more information and seems to corroborate my assumption that they have taken down the fundraiser for the time being.
exactly. the language they are using is calling not only the blockades and noise at night illegal, but also the protests themselves. this isnt good for anyone but everyone on the “left” are cheering it... so fucking short sighted.
this. bitcoin is unstoppable! i don’t understand how they think they can actually stop people sending bitcoin to support the truckers?
the radical left over at r. if you mention the gross overreach of the canadian government you are downvoted to hell. i have to get out of this country.
feel free to never visit!
because the conservatives do not have the balls to oppose him
according to trudeau it means you’re a terrorist apparently.
lol they just print more brah
where have you been the last 2 years. it’s been one dictator move after another.
the truckers literally blocking the border and preventing vehicles from crossing over... but hey, blame the democratic government that has the majority votes by law and placed restrictions based on scientific backing that continues to evolve daily and with each variant of a virus that caused a global pandemic.
citizens pay taxes to build roads. people block roads. government makes them stop blocking roads >fascists i do not think you know what that word means. nobody is even saying the truckers cannot protest. they just cannot block roads everyone else also pays for. your rights end where they infringe on the rights of others. blocking public roads is not a right you have. learn what fascism is before saying this stupid shit.
you're clueless. trudeau is not even a progressive first of alll. 2nd, there is nothing fascist about ending an illegal occupation that is costing the us and canada 300 billion dollars a day.
sure, bitcoin is agnostic it does not care if freedom loving people or authoritarians use it, unlike governments like the one in canada.
it's kind of inconsistent to be against a freedom protest while being in favor of a freedom money.
he will get back in with a majority according to polls. guaranteed. most canadians back him.
if you're an occupying force who is calling for a coup... and also by definition, they are terrorists. a person who uses unlawful violence and intimidation, especially against civilians, in the pursuit of political aims. that's a terrorist.
bitcoin is but people are not. the government may not be able to seize your bitcoin, but they can always kill you.
do you have a permit to address grievances with elected representatives? ;)
you're missing the entire point of bitcoin, and yet you want to criticize people you do not know as "low iq".
well mr. high iq, it is more about democracy and governments illegally removing our rights. not so much about those dumb truckers... honestly though, if you think being smarter or iq scores make you better than others, then you need do something about yourself. you are pathetic.
i still cannot believe why people in canada vote those kinds of politicians to manage their country. and they still enjoy it.
wrong opinion = privileges revoked
which illegal activity is that?
they cannot stop us from sending bitcoin to each other. they cannot confiscate our bitcoin when the private keys are secure.
authoritarians think that regardless of wing. wingnutism is nothing but divide and conquer writ large.
> the govt is just doing its job put your back into that bootlicking.
i agree. it's not just a protest like a lot of these comments are making it out to be. there's serious economic damage happening here. canada just had an election and already decided on the very issue the truckers are protesting. i really do not understand why the right is so quick to ignore elections these days and claim fascism when they do not get their way. there's more people in the country that thisagree with you. it's called democracy.
if the law is unjust it is unjust to follow the law
"illegal block chains" lmao most ridiculous thing i've ever heard
"hurrr dee hurrr truckers are terrorists!!! hururrrr heee hurrrph!"
i’m getting out the popcorn to see how this one plays out….
nope, that is pretty much it. even the premiers arguing against it do not have a leg to stand on which is the whole reason trudeau did this.
it's not a good look for bitcoin.
there are whole organizations in the us and canada whose sole purpose is to fund bail for real criminals. a non-insiginficant number of these "charity cases" go on to commit more serious crimes, not days later [like this man from ks]( [or these men, habitual offenders]( [even the vice president participated in releasing these modern day barabbases]( it is not about "funding illegal activity"... it is about funding the type of activity the nwo does not approve of
yes, please take all of my personal rights and liberties away to stop the bad guys.
that's rich. slow down and apply that message to yourself.
didn't know trudeau had a reddit account.
> and? and? and 'terrorism' is vaguely defined, so they can freely make everything against the law. if you do not love the government and everything they do, you're a terrorist.
agreed. they should have taken the blm route.
you've been misinformed about the protests.
could be one of the most asinine idea yet. with all due respect
this is exactly the sort of "brilliant" idea that i have come to expect of progressives. the kind where inevitable consequences are deliberately ignored due to stupidity, hubris, and insane levels of self delusion.
also ban all bushes, apparently.
there have been protests over the vaccine mandates all over the world. but governments are not listening. this is what happens when people are fed up and forced, or coerced in some cases, to comply with actions that are not necessary for everyone. what's the next step if governments still refuse to listen? it's common knowledge now that the vaccine does not prevent the spread, nor infection, so why mandate it for everyone, including healthy individuals? it really is a crazy time right now and i hope soon these governments see the err of their ways and realize this was not the best way to go about this.
shhhhhhh comments sections like this one hate facts.
we can still send it, they can still receive it.
they could just end the vax mandate and the truckers would go home.
the income tax was meant to be temporary as well, i bet people are still paying for it this day.
**[fascism]( >fascism () is a form of far-right, authoritarian ultranationalism characterized by dictatorial power, forcible suppression of opposition, and strong regimentation of society and the economy that rose to prominence in early 20th-century europe. the first fascist movements emerged in italy during world war i, before spreading to other european countries. opposed to anarchism, democracy, liberalism, and marxism, fascism is placed on the far right-wing within the traditional left–right spectrum. fascists saw world war i as a revolution that brought massive changes to the nature of war, society, the state, and technology. ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
then you don’t convert through exchanges.
i have not really been paying attention to this whole issue. what is the protest about?
why are most of the donations originating from outside canada?
what agenda would that be?
what a coincidence... so can russia!
you mean freedom to protest the government? guess shutting down traffic and setting up bouncey houses is worse than lighting buildings on fire, damaging infrastructure, harming people…ya know like a good ol’ blm riot.
you're right! yesterday i saw these truckers running around with bomb-belts and doing mass-beheadings in the streets! lol. some people do not have the faintest idea what they are talking about.
2 min in and already getting down votes. well look, here's a pic of the illegal weapons seized at one of the blockades. but by all means, keep down voting the truth and continue to live with your heads up your ass. ;)
fortunately, bitcoin does not care. we can still send it, they can still receive it, forever :)
gov seizing protesters $$$
laws get passed so quick when they give a fuk
i've always said. we can have the society we want tomorrow if we want . we choose the way it is . housing is high be has they want it high
lol. that's like saying that the government fears chickens. you can technically use them to exchange for goods and services. but you have to find the specific people that will take them and than the transaction is slow and cumbersome. but hey but atleast all the venture capital dudebros are getting rich from it.
haha, yeah! like how china banned bitcoin 7 times so far, but this time it is for real!
you can’t give them fast bullets, either. fast bullets are money, too!
lol yall scream and bitch about "out of state actors" but it is fine when y'all do it
i'm not having an opinion either way in saying that, but since the leak of sendfundgo or what ever it is called, we have learn that about half the donations value were foreign. and less than 100,000 people donated, most of the 9mil being from huge donations, not the small guys... so there is a legitimate concerns this protest might be fueled by foreing influences with goal that are slightly differents than the canadians who do support this movement. edit: missed a zero in my numbers.
they certainly didn’t seize any of the money that went toward blm protests. good thing for the top dogs in that organization, because they wouldn’t have been able to afford the multi-million dollar mansions they bought with the “donations”.
but they want to taxed crypto right?
tax authorities wouldn't care if you were trading pogs as currency, they just want their cut
they aren’t money, they are “assets”. they can be sold for money but they themselves cannot be used to pay for goods and services.
they'll ask for tax and deny from bitcoin being money too.
you'd be surprised by how many institutions or politicians who are publicly against it but secretly has been acquiring.
they’re caught in such a fucking rock hard place situation, they have a decentralized financial settlement system that’s stealing power away from fiat trash daily, what can they do, on the one hand if they outlaw it it simply adds to the legitimacy of a failing propped up dollar thereby strengthening btc belief and weakening their own, on the other they do nothing like they basically are and it simply grows organically until the dollar falls apart anyways. we’ve already won.
one world government is the agenda
the elite are always 9 meals away from a revolution
you act like any government has the best intentions for anyone outside of themselves and the elite. they would sooner hunger.
that'll be so bad dude. people will lose their shit.
they are doing a great job
it's not just china, there are plenty working with them in our own system
maybe a stupid question but, let’s say you take it off coinbase exchange and put it into coinbase wallet. is this safe from theoretical company interference?
yep, get off those from the exchange. don't put them there.
then the fun really starts with lightning
decentralized social media for the win. [peakd]( [ecency]( [lemmy ]( [mastodon]( and quite a few more options out there. the faster any or all gain traction, the better imo.
the canadian government was actually working on that with bill c10 and bill c11. it's only a matter of time
this country has gone completely down the drain in 2 years.
yep, they are definitely making canada look bad. fuck politics.
because they believe that so long as the government is harming their enemies, any measure is justifiable. not realizing the damage of such measures
can't wait to leave
yep. you cannot deny that.
baby zi blackie mc blackface is desperate to accelerate chianada
yep, the past 2 years has been such an eye opener for me.
i personally have the vast majority of my crypto money in bitcoin, but there are several concerns you should be aware of. see my other comment:
it is against the rules to thiscuss altcoins on this subreddit. the rules are occasionally bent so long as you do it in a way that aids a bitcoin maximalist narrative. i.e. "a cryptocurrency that bitcoin maximalists do not hate very much is better than a cryptocurrency that bitcoin maximalists hate a lot." you are in for a more meaningful and productive thiscussion about altcoins if you go somewhere else.
bitcoin is still open ledger
the problem with putting all your eggs in one basket with technology is that although computer security always lags technological innovation, breakthroughs do happen. if you look back to articles from even 2014, we see the idea of the base bitcoin protocol being anonymous and eventually de-anonymized. obviously we know today that there are methods to de-anonymize the network relatively easily which is why new privacy layers have been created. reference: can you say for absolute certain that any privacy coin or the lightning network will be fully anonymous 20 or even 10 years from now? absolutely not. new exploits are published for computer vulnerabilities on a daily basis around the world. it's not impossible that either of these bitcoin layers or other privacy coins could be exploited as well. the lesson of all of this which has become standard practice in investing, of course, is to not put all your eggs in one basket. obviously a large portion of anonymity also comes down to your own personal precautions and practices as well.
ummmm... yeah this is just simply misleading and not true in practical sense.
don't you have to trust the lightning node?
didn't the taproot upgrade increase anonymity via some coinjoin-type of mixer?
really? is that why those hackers had 3.6 billion in bitcoin and could not get any money out without the us government knowing? 👍
someone did his homework i see. this is one of the multiple reasons why it is a valid choice to be a bitcoin-maxi.
i can feel your thisgust for the working class through your comment
people supportive of the movement should start accepting crypto in their shops
they’d have to do this for everyone in the country. how would you know all of the identities of the protestors?
my understanding is that it is all encompassing and is in fact marshal law but they are choosing not to use the military at this time
whatever, it’s just canada. wait … have they seized the means of maple syrup production yet?
maybe we can get the sigma males to step up
unirocally using alpha male in a sentence. my butthole puckered in cringeful sympathy.
sitting in a truck and throwing a tempertantrum am not being alpha male bud.
hahahahaha these truckers are all beta bitches. massive snowflakes. you're not alpha, they are not alpha, and me and mine can stand up for myself just fine. would do a hell of a better job than whatever this bullshit was.
cannot believe anyone conjured these words unironically the people throwing the tantrum here are not alpha males
bro you couldn’t alpha a bet. pussy ass bitch thinking they’re hot shit on reddit haha would run with your tail between your legs in the real world you are embarrassing.
the vast majority of canadian truckers are not protesting.
by “alpha males” do you mean inbred, double digit iq skoal chewers?
bro are you lost? bitcoin was created for moments such as these.
yah those evil occupiers with their bouncy houses and feeding of the homeless!
no, their problem is they were subverted by radical anti-government groups and are on week 3 of blockading key ports of entry and the occupation of our nation's capital.
so drop the mandates and it can end.
you mean they are shutting down the small businesses and preventing them from opening while the big box stores can be open with impunity? you mean just like the lockdowns have been doing for years? there's no essential supplies that need to pass through the street that goes in front of parliament. you can just go around, it is not difficult. i've pulled freight through centretown many times. you're making a mountain out of a molehill because you thisagree with the politics.
i stopped easing at “they’re blocking entire main streets” thars literally what a lawful protest looks like in any non authoritarian country where 50-100k protests block entire streets. so i’m unsure how you felt that was worth mentioning. or were the “arab spring” protests in the middle east some 10 years ago also not fair because they blocked entire cities????
oh no guns!!!! guns that just sit there and fire themselves, specializing in auto targetimg first nations kids going to school!!!!!! please daddy truedope fuck our rights save us from the scary guns!!!!
now do the "mostly peaceful" blm riots, hypocrite
while everything you said is lies and nonsense, but even if someone is dumb enough to believe you, i wish 10% as much was said and done when blm was burning buildings and destroying small businesses. if those truckers as much as farted on someone, they will be called terrorists. it's all a partisan game. if you play for the totalitarian government, anything you do will be swept under the rug and millions of dollars of donations will be thrown your way to cover for your crimes. so give me a fucking break when i do not believe any or the nonsense the media is trying to propagandize. gtfo.
you listen to cbc too much. they have been relentlessly smearing the protests because they do the bidding of the government that funds them.
yikes, you're being lied to.
all whilst demonizing the only ones with the balls to stand up against it.
hahaha, that is good shit
there are already non kyc methods for doing so. in time there will be more and more.
most redditors are stupid.
imagine if funding towards blm was attacked like this. i am in no way judging either protest or their goals but i imagine the reactions would be drastically different.
if it is not illegal... they will make it illegal... exactly what fascist dictators do.
of course they are doing something “illegal.” the fascist writers of the laws have declared whatever they do to be illegal. the real question is whether they are doing something immoral or righteous. we have a duty to support the righteous in the face of fascism, no matter how illegal they are declared to be.
>that said, i've found the response here on reddit to be very odd, in that they are ok with this tactic in scenarios where they do not agree with the protest, but not ok with it in scenarios where they agree with the protest. reddit, and unfortunately, most of the general public in a nutshell.
but, this isnt a protest. its a likely illegal international blockade.
exactlym. fascism is a specific type of totalitarianism. people calling any violence or any government action they do not like fascism is so tacky.
> fascists attempt to sacrifice the human rights of "undesirables" in pursuit of greater freedom for the "good guys" or the in group. > is that not what's happening here?
it’s “stop our political opposition and label them as terrorists”, actually
they are terrorists. they are enacting economic blockades to demand change to health policy. how long until they are bringing weapons.
the media funded by the state saying its russians in ottawa? i fucking hate the state of this country
no, it is "stop the blockade of key ports of entry and the 3 weeks long occupation of the nation's capital" according to the vast majority of canadian's.
yeah it is okay to monitor everything that people do yeah sure.
can you explain how?
you do not know what you are talking about. this is no longer a protest, it is a blockade of key ports of entry and weeks long occupation of the nation's capital. there has been violence and harassment, and multiple weapons and ammunition seizures.
what do you think it means...?
*but we have to wear masks tho*
> political philosophy, movement or regime that exalts nation above the individual check: individuals must abandon bodily autonomy for the 'good of the nation' > stands for a centralized autocratic government headed by a dictatorial leader check: the country was already heavily centralized. with the war measures act, it now has a leader who can suspend constitutional rights on a wim. hitler was elected democratically, the descent into dictatorship was not immediate. > severe economic and social regimentation check: the unvaxxed are severely oppressed economically and socially. the pandemic was used as an opportunity to heavily regiment both the economy and social behaviour. > forcible suppression of opposition check: does this one even need an explanation? to be fair your definition of fascism is not very good. most of it would apply to communist regimes just the same.
i mean…most of that does apply to this situation…
one that desires a return to a great past that is only not happening because of some somewhat ambiguous "other" all in the name of lifting up the nation?
why is this reply so far down?
**[useful idiot]( >in political jargon, a useful idiot is a derogatory term for a person perceived as propagandizing for a cause without fully comprehending the cause's goals, and who is cynically used by the cause's leaders. the term was originally used during the cold war to describe non-communists regarded as susceptible to communist propaganda and manipulation. the term has often been attributed to vladimir lenin, but this attribution is unsubstantiated. ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
did they really state that or did you just read it on reddit?
these people are fighting for their freedom!!!! do you know what freedom means? i think not. you seem quite fascist.
allow me to ask you: did you have the same exact views about blm? or were you in favor of those terrorists' actions? (hint: there is just one coherent response)
a citizenry thisrupting the very system the government has used to trample their rights while not directly harming anyone else is not a terrorist, they are not engaged in terror tactics. that you'd call a citizenry protesting it is governments egregious actions in such a manner "terrorist" is indicative of a strong authoritarian streak. you thinks the nazis started out with gas chambers? no it started with otherizing and vilifying various groups of the citizenry. their supposed attempts to subvert or weaken the state made them an enemy of the people who eventually needed to be exterminated, you my friend are about 5 minutes from supporting concentration camps and only a few steps from genocide. fascists, communists etc, they are all authoritarians who believe the individual exists to serve the state, and the more their power is threatened the more they try and crush thissent. much has been made of (in the derogatory sense) the willingness of many in the u.s. to send financial support to our northern neighbors, and if you think that is audacious, send your government forces to crack heads and start rounding people up in mass, you think the financial aid was horrible, wait until u.s. citizens decide to come visit. oh i'm sure the u.s. government will try and stop that, but there is a ton of open country to cover, and not enough willing government resources on either side to stop it.
it’ll be the new norm
fascism is characterized by dictatorial power, forcible suppression of opposition, and strong regimentation of society and the economy.
one of the truckers was saying “300 people make the laws for 30 million, it shouldn’t be that way”. this is why small federal governments should be standard. government should be primarily at a local level where people have a say in their lives.
our guns might not be as cool as yours down south, but we still got em.
the big anglophone countries that monitor the rest of the world (and themselves) : australia, uk, new zeeland, canada and the us
hey, fidel was young, once. so maybe we will have 50 years of turdeau ahead of us?
truckers need to be able to use it to get gas though... edit: actual fuel for their trucks, not nfts
the same way they stop people from sending money to isis. they track your transactions and then arrest you for commiting a felony and when you're in jail you unlikely sending anyone anything. all canadian exchanges have kyc, and most people sending bitcoin are just sending it from their exchange or cold wallet without mixing.
violent authoritarians will vote for authoritarian violence. the problem is the people, not the government.
with moves like this, it is no longer political.
this is 1984 shit
no violence has been used.
your claim obviously false and intentionally slanderous, but i'm genuinely curious if you're only here to spread political thisinformation, or if you're going to pretend to be interested in bitcoin and its use cases? because so far your account has zero participation except for promoting authoritarian propaganda.
speaking out against your government
yea because fuck free speech and i right?
“if you think things are unfair, you can do whatever the fuck you want and it’s justified.”
ok that feels better. the 2nd time she said it was more clearly blockades instead of blockchains. first was 50. "fintrac will be providing increased quality and quantity of intelligence." these are permanent laws not limited to uppity truckers, i understand.
soon anyone opposing the government in any substantive way will be considered a terrorist. we are already on that path in canada.
and how you convert then? asking for a friend...
wutcha doin' here aye? *pulls out knife
again - i see no difference. these trucker scum get no sympathy. send them to the gulag
well fafo then big guy.
that's messed up, what's their horrid excuse to get away with that?
this comment right here is what everyone needs to realize….
down in the usa, it is very patriotic to celebrate the boston tea party for showing what rebellion in the face of tyranny can accomplish, but then pretend we're not a hypocrite and demand the truckers be arrested. i'm sure people will immediately list off the plethora reasons of why this time it is different. *eye roll*
protesting the government is not going to be approved by the government. sorry
tell that to chaz. necessary protests.
lol. how is what trudeau did with his lockdowns not "holding businesses hostage"? double standards much? the mental gymnastics is strong in your comment.
spoken like a true authoritarian bootlicker. this sentiment would’ve made george w bush proud.
man you’re taking your username way too seriously
i mean it is both. many great causes had to break the law this is not a great cause it's an astroturf bullshit campaign of a political stunt, meant to achieve nothing. but good luck stopping the bitcoin, that is the whole point!
like the governments of the world held people hostage for 2 years now and block people from doing business to survive?
lol i guess we forgot about the boston tea party.
agreed, but they still should not be seizing funds or outlawing giving these people money. trying to put them in the same category as terrorists like al qaeda to justify this is wrong. those who thisagree: just wait until it is a protest you *agree* with and this is done, i look forward to your screeching about how wrong and unfair it is.
there’s apparently a lot of people here who are ignorant of how bad the situation has become. stop down voting this guy, this situation has gone far beyond a protest.
fuck yourself nazi sympathizer.
ever heard of a strike?
i've funded criminal organizations my entire adult life. its called taxes
holy fuck what happened to r.
oh trust me i’m hip. i believe you 100%.
i agree 100% until you said we already won. we may be winning but at some point we will be labeled terrorists or something. the people found a way to get around the system and they call it money laundering. so we are basically criminals? they are trying to figure out how to stop us i can guarantee you that. bitcoin is freedom along with gold. what will they do? something has got to give and they have alot to lose. they also have alot more .
i can think of a few other ways on top of that why we have won. :d
exactly lol. any country that outlaws it also is turning away tax revenue and is probably corrupt to begin with
and half of us are six away from eating each other.
governments do not have good in their hearts for the people.
no. not your keys, not your wallet. i highly recommend to get a hardware wallet, correctly set it up and keep your crypto on that address. no one can take or block it there and if exchanges will not accept it, you still could exchange it. and do not forget to have your seed phrase somewhere safe, from humans and fire, moisture, smart device, etc. you got the point. edit: i was not aware that coinbase had software wallet which let us you manage your private keys. definitely that is better solution rather than keeping it on exchange, but i still would recommend to switch to hardware one.
government can request access to coinbase's kyc.
i do not know since i do not know their tech. technically anything that is online and not a true cold storage wallet can be compromised.
no. they have your private keys, they have your bitcoin.
no. coinbase wallet is closed source. they could be hiding a backdoor.
coinbase’s wallet is almost definitely still “custodial” a “non-custodial” aka “self-custodial” wallet is one where you, and only you, have access to or direct control over your own bitcoin’s private keys. “not your keys, not your coin”
the sad part is that i've never heard of anyone that you mentioned.
exactly, canadian government (under the guise of increasing funding for canadian media) is bringing in censorship rules that will make anyone that does not agree in the future, impossible to get any information out.
umm...it is called climate change now... this way they are never wrong. duh! :p
*25 years. this mess is what you get when you fuck the entire economy to go all in on real estate, construction, and natural resources.
well said. hold the line. thank you so much
it all comes down to the nationalism, they make us that from school.
these politicians are going to ruin the beautiful country.
your argument is sound. i am also seriously invested in bitcoin, but do my due diligence regularly.
so what? this is an almost completely irrelevant objection. any trustworthy "privacy coin" is also open ledger.
no. the point of ln is that trust *is not* required.
it's complex, so i get why someone might think this, but no. your'e just trading transactions back and forth and not committing them to the block chain.
you cannot meaningfully increase the privacy of a public ledger lmfao
my thisgust is for anti-vaxxers, anti-science, ultra right-wing people who complain about protestors and then block a major international trading route, while asking for donations from working class people so they can sit around and pretend they are fighting for freedom.
plus people would just but supplies for them and sneak it to them like what they did with gas. this is good only because it shows how incompetent the canadian government is to be in a situation where they are being outmatched by a bunch of truckers. tbh, only reason i'm rooting for them is bc they are antimandate (i am too, libertarian) and they are passing the government off which is my favorite part
they would not stop everyone but they will certainly stop the main organisers from receiving the millions in donation they collected. they also threatened to freeze the accounts and insurance of the truck drivers who would not leave.
your understanding would be incorrect. martial law is typically defined as the suspension of civil right and law enforced by the military. this is not the case. the emergencies act replaced the war measures act specifically to maintain compliance with the canadian charter of rights and freedoms (ie it doesn’t actually infringe on anyone’s charter rights). as for “calling in the army” that is covered under the national defence act part vi section 275 and is very clear on two things. first the federal government can not make that decision it must be at the request of the attorney general of a province as defined by section 274 (ie even if trudeau wanted too he could not send in the military unless asked too). secondly, if the military is called out they act as constables to enforce civil law (section 282), therefore under no point is civil law or rights suspended. canada has no clear legal mechanism to enact martial law. this is not martial law.
awww how nice of them to not use the army huh. how nice.
what's that dude? i do not even understand what does not that mean.
two weeks to flatten the... \*checks notes* ... peaceful protestors.
temporary, just like the lockdowns were to "flatten the curve", am i right?
well they are willing to move to the front to stand against authoritarian overreach. the fascist trudeau government just declared martial law in canada. what are you doing about it eh?
this guy's post history reads like copy pasta...*what the fuck did you just fucking say about me, you little bitch? i’ll have you know i graduated top of my class in the navy seals...* *** you do not know the first thing about serious science because you just thiscredited every theory of long-term evolution, every theory on early hominids, and almost everything related to the development of the universe ever posited. you are lying through your teeth about yourself, your partner and your friends. the only phd you ever got was in bullshitting. and one again, this isn't stamets's theory at all. no actual holder of a doctorate wielding it as expertise (which even if it were true, your physics degree is irrelevant) would conveniently ignore me mentioning that several times. using the term 'ad hominem' while committing multiple logical fallacies yourself is highly ironic. you stated exactly that when you thiscredited him for 'only having a bachelor'. you said 'he is not' because he has a bachelor. plenty of physicists in whose limelight you could not even hope to stand never had much if any formal education. you're an indie dev, you do not actually know the first thing about science. i am actively studying mycology, i do not need you to present whatever book you just googled. leave already. let me help you with that, actually. i never made claims about my own intelligence, that is why it is thishonest. i said plenty, you're just ignoring what i said. i was sure i was making my points at a level a 10th grader could comprehend, so clearly you cannot even read. 🤷 you are taking the side of an indie dev talking about mycology because he allegedly 'has black friends'. sorry, friends with phd's in biology. once again, i made plenty of viable arguments and statements. you just do not like what i have to say and're a hivemind troll bot high on confirmation bias. the troll is clearly you. and you got absolutely destroyed. bye bye now, little troll.
these people have endured very cold weather many of them some in tents sleeping in -degree weather definitely say their tough people. most truckers are their not for themselves but for their family and other canadians. several have came from communist countries and see the similarities of what the gov is doing. one being a german that witnessed the berlin wall incident. another a romanian . watch the livestreams on yt to get their story like zot, uottawascotty, travelfun69, ottawawalks, vivafrei . the livestreams are definitely giving a different side then what left leaning media has pushed. their definitely pushing propaganda . really opened my eyes how msm has an agenda and it is not accurate reporting after watching the livestreams the last couple weeks.
for the whole picture, some of them attempted arson + murder when people in a neighboring building complained about the honking
did you sing the same whine when blm aka burn.loot.murder was terrorizing the western world in 2020 with molotov cocktails, widespread lawlessness, and shootings? nope. you were probably suckkng their dick, just like pm dress up truedope
not at all. just an advocate for peace, anti-force, and individualism. no tolerance for government encroachment on the individual. we have centuries of historical record to tell us what happens when you start allowing that. on topic, what is your take on the canadian government freezing the assets of private citizens partaking in their naturally-derived right to protest? regardless of your conclusions about *what* they are protesting for, do you believe freezing assets is authoritarian creep or not?
or they can but on their big girl panties and wear a mask. these "salt of the earth" types sure think they are special little snowflakes.
that is why every province is dropping it by march, that goes to show you how fucking dumb those truckers are.
this whole sub is a complete alt-right echo chamber. there's nothing of substance regarding bitcoin, nothing on the various bips underway, it is just a bunch of "libertarian" anarchists that describe any public health measures as fascism.
this seems more sustained than blm. they're blockading streets for weeks.
by that i mean sitting outside of homes, blaring horns for weeks, blocking ambulances and fire trucks, preventing people from going to work, harming our economy. protest is fine, this is not protest. if someone was parked outside your house for two weeks straight blaring their horn, wouldn't you want someone to do something about it? that's not protesting. your telling me you would be ok with your children not being able to sleep, you not being able to sleep for weeks because someone is upset? take it to a proper venue for protest. i do not believe for a second anyone in this thread would be talking the way they are if they were experiencing the selfish and pointless of these terrorists. the moronic irony of it all is we were already in the process of removing restrictions. their self centered hissy fit serves no purpose, has put lives at risk and is harming the country as a whole. for no gain and no point. sounds like you are not here and do not see how utterly selfish these people are and how much they are harming our communities.
so you do not like it therefore it is fake news huh? so the swastikas i have personally seen at a protest are not real either? the videos of these morons accosting people in the streets? the man who threatened and yelled at my wife was not real either then? thank god!
wow according to you people i watch alot if cbc for someone who do not watch cbc...
yup. that escalated quickly.
yup, like 80 to 90% of them are completely asleep at the wheel and get real angry at those who attempt to wake them.
i made exactly this point and people did not like that. blm were protesting, these guys are "occupying public space illegally". talk about mental gymnastics
imagine if trudeau passed a law saying you could legally run over these protesters when they block the road like desantis and a bunch of gop politicians did after the blm protests.
the comparable situation would be blm shutting down *several* of the us’s biggest ports for almost a week and millions of dollars coming in to support them from outside the country. the reason they didn’t freeze the funds of blm is also because it’s a famously decentralized movement.
they might be, and i get an uneasy feeling since this is not their argument for it, but hypothetically, what if a state hostile to canada wanted to fund social unrest? should we be making it easy for them while traditional means of funding exist?
comparing blm to white supremacists is some classic reddit smooth brain shit
but this is different! remember when trudeaus campaign during the last election was to "fight tyranny"? i find it odd that no one questioned why he would say that while he was, in fact, the one in power. trudeau is the tyrant.
extortion is illegal so yes blockading critical infrastructure is illegal.
kind of, but it seems like it is being done opportunistically rather than by design. typically when you talk about "fascism" the "undesirables" are usually grouped by historical, core social qualities like race, nationality, or religion. that being said, the exact definition of fascism has been argued about forever and is not really agreed upon. so i wouldn't really criticize someone for calling it that. however i think it would be more accurate to call it "medical fascism" rather than old fashioned fascism which has other implications. but if you describe it as totalitarian you do not have to worry about making that thistinction. i'm not denying that it is kind of fascist like i'm just saying there might be a better word for it.
one man's freedom fighter is another man's terrorist. perspective.
yes i know that is what i hinted at lol thank you though
just two more weeks
are you forgetting the fact that we got our medical freedom taken away? it's a peaceful protest with kids in fucking bouncy castles, and picking up their own garbage. that is not terrorism. economic blockades equals terrorism? sorry, no. if i were there i'd bring a weapon, especially now that the police can do whatever the fuck they want.
hyperbolic statement. terrorism is generally reserved for violent coercion. by this logic, blm protest, million man march, boston tea party are all terroristic acts. we have the right to peaceably assemble in america. we don’t call that terrorism. add violence and or actual property damage and you would be onto something there. just taking up space isn’t terrorism. at most akin to striking workers blocking an entrance to their workplace.
>how long until they are bringing weapons. if they were going to, they would have done it already.
you seem quite fascist my friend. these people are peaceful protesters.
you sound like such a lil bitch lol
sorry protests inconvenience you, cope
i mean i do not really care but none of canadian media is objective journalism all of it is horrible reporting without covering the truth
fascism is the merger of states and corporations to increase its power in a quid pro quo fasion.
fascism is when people do something that i thisagree with.
indefinite "emergency" powers that allow the immediate seizure of financial funds, without due process, via collusion between the government and corporations, for the explicit purpose of crushing thissidents? yea, that is fascism.
a that must be so awful for you. i'm sorry you have to go through that.
>check: individuals must abandon bodily autonomy for the 'good of the nation' you have to wear clothes when you are in public places, and if you do not you're fined? clearly fascism! >check: the country was already heavily centralized. canada is a federation with much more regional powers than european nations. unless you want to call them fascist too( i wouldn't be surprised if you would though, your understanding of fascism is comparable to that of a 15 kid), canada is definitely not centralised. >with the war measures act, it now has a leader who can suspend constitutional rights on a wim. the war measures act was repealed, but do not worry, i'm not surprised that you know shit about foreign nations you talk about (unless you're canadian, which is even more laughable that you do not know something so simple that is common knowledge amongst canadian citizens that are invested in politics). furthermore, it is common among civilized countries to have laws that allow the government to temporarily be able to impose laws without waiting for other bodies like parliaments etc..., in order to act fast enough in emergencies like earthquakes or hurricanes. as a notable example, during hurricane katrina, martial law was declared, among other places, in some parts of [louisiana]( >hitler was elected democratically, the descent into dictatorship was not immediate. it's nice that you do not know shit about not only canadian politics, but also german politics, as hitler was never elected democratically, and it is ridiculous to say otherwise. >check: the unvaxxed are severally oppressed economically and socially. oh no, the tragedy! it's not oppression btw, as being fined for not wearing clothes in public areas is not oppression, it is protecting the rights of other people to not be infected and killed by pieces of shit that are afraid of needles. >check: does this one even need an explanation? yes it does, it is not like trudeau is going and sending death squads to kill political opponents (like fascists did, something which you seem to be unaware of) he is simply imposing (rather light) restrictions on people that want to overturn choices done through the democratic process of canada. to me it seems that the truck people (which notably have been seen to fly both nazi and confederate flags) fit more with the fascist ideology, with all that overturning policies that have been implemented with the support of a majority of the population. >to be fair your definition of fascism is not very good. you know shit about fascism. i live in a country that lived through a fascist dictatorship, and calling whatever trudeau is doing "fascism" is insulting, and honestly only reminds me of liberals that accused trump of being one. >most of it would apply to communist regimes just the same. because most communist regimes were fascists in all but in name. true, they did not gas minorities, but they did let them starve to death and then replaced them with either russians or chinese people. that seems pretty chauvinistic to me.
you think you're living in an autocracy? jeez
["we're getting the rest of our signatures and we're having them compel the government to thissolve government."] ( they won’t talk to the msm (the *lame* stream media). the topic of replacing the government has been brought up on their own media channels. the above link is from early on in the protest.
mate we do not have god given freedoms in canada. our government is allowed to do whatever the fuck they want in the name of protecting the greater good of the country. it is pretty shocking how many canadians do not realize this.
citizenship does not make you not a terrorist.
you overestimate the support for these idiots. trudeau is definitely in the right here.
...and you believe that expanding money laundering laws to stop white supremacists, funded by white supremacists from another country, from thisrupting a critical transportation choke point, in an attempt to thisrupt the rule of law, falls under this definition? maybe you could expand on that a bit for me. i'm just not able to follow what you're suggesting.
the us govt takes a gradual, sneaky, and misleading approach to extending their powers over the constitution so we do not notice our rights being taken away. fyi the federal, state, and local govts in the us take part in mass surveillance, civil asset forfeiture, gun laws, excessive taxation, indefinite detention, excessive bail, i can go on... these violate amendments i, ii, iv, v, vi, and viii. there is more but we do not hear about it much because we get thistracted too easily by them (and the people in support of them) telling us what to worry about.
right, as if the patriot act and prism didn’t exist.
you didn’t even take the 5 minutes to google canadian constitutional law before you made that completely incorrect statement?
not true. also usa didn’t become a police state with a president 1 year in office lol.
americans are so fucking funny with their constitution fetishisation as if it is not words on a page that can be ignored or overriden
can confirm here in australia, our current government is in its death rows, for out may election. could be like a cornered cat and attack it is own people. people do not realize that the other party is paid by the same people... lol
leave the uk out of it: first country to completely erradicate restrictions
> that monitor the rest of the world literally every country does this, not just “anglophone” countries. some are better than others.
think bigger. petrol stations start accepting bitcoin for purchases, because their suppliers start accepting bitcoin and problem solved. i’m not saying something like that would happen overnight, but the more people are willing to spend and accept bitcoin the faster adoption happens and you move from a fiat to bitcoin standard.
correct. contrary to what msm media would have morons and sheep believe there has been no violence. i have my reservations about the movement but this this insult to what it means to be a canadian was definitely not it. the whole point was that they were not a fringe minority, not even a little one, it is so so many people that thisagree with this bullshit and control. crazy times we live in. super dangerous precedent.
i cannot tell what side of freedom you are on with this comment.
well, i guess it is time for them to learn. wow.
you've moved past free speech once you've blocked roads and bridges and put a city under siege. i feel like what you really mean is fuck the recent election and the will of the people because i do not like the results.
peer to peer. credit cards. gift cards. cash mules everywhere. what side are you on?
okay. i just sent some money to the truckers. we'll see what happens lol.
well for one, it is not in the usa...it is in canada, where that kind of anarchistic republicanism is exactly what our whole government is supposed to avoid. the boston tea party was not quite as bad as holding a capital city hostage and demanding a rightfully elected government hand it power, but it was also very much a pack of idiots using misleading populist politics to secure their personal fortunes.
i’ll bite. during the invasion of panama, the us used psy-op’s to get manuel noriega to come out of his compound. to do this the military blasted incredibly loud music at the compound constantly. these ‘freedom convoy’ folks decided to roll into ottawa, and other cities and began blasting their big truck horns ( and train horns) constantly. they would continue to do this despite the fact that the politicians that they wanted to thisrupt either were not there, or went home at the end of the day (or week). yet, that did not stop these “patriots”. they would continue to blast their horns through the night, effecting the local citizens. these are people that have no immediate or direct control over government, yet the convoy persisted. in short, these folks used pychological warfare against ‘non-combatants’. these freedumb fighters were and are not doing this to save our democracy. they are doing it to be assholes. we’ll see how long their conviction lasts when it hits them in the wallet.
these ones are from necessary
if you knew anything about this particular situation, you would know why no educated canadian supports these protests.
pelosi is still in the accumulating phase, once she gets enough it will suddenly become legal tender or some shit
it's almost like every country is corrupt, idk how people act like everything is not corrupt
whats the best medium for hardware storage, something that would last a while. is there a youtube video tutorial you'd recommend?
you can make infinite wallets and send from wallet a to wallet b to wallet c to wallet d to wallet b and then to exchange and it won’t be traced before you sell.
exactly anything that is connected to the internet can be hacked.
same, and the sadder part is even though i would personnally love to make the switch, i probably would not because none of my friends will follow me.
gotta hodl the line boys. don't let go of that line.
they should really be called the “corporate media.” there’s nothing mainstream about them anymore. (i’m not the op, not sure what this glitch is)
nice, did not know that
that was the part where they got caught not the part where they struggled endlessly to get any money
on an unrelated note, we will be dropping vaccination passports end of the month
nothing is more permanent than a temporary government mandate!
>what are you doing about it eh? laugh when these snowflakes get put back in line? look forward to more post material on r? maybe grant some r'm at it.
a look at you little buddy, stalking people like you stalk the e-girl who is totally going to be your waifu one day. that's cute. you know this just makes you look like a total and utter loser, right? oh no, i can write compellingly and i'm actually accomplished. thanks for boosting me bud. 😂👋
dude, mainstream media doesn’t have an “agenda”. these people are the minority, very very small minority. what ottawalks and other livestreams do is give a huge voice to a small population of people who do not represent the whole, it elevates their opinions and viewpoints above others and makes them seem like they are mainstream, but they are not. some of the “trucker” people may have good intentions, but they are completely misguided and have been used and moulded by facebook algorithms to believe in an alternate reality where they are “freedom fighters” when in reality they are angry karens, 99.9% caucasian descendents, who have been told they are a victim by right-wing media for the last decade. it’s an illegal adult temper tantrum that has been allowed to persist because for once in their lives the negatives of a situation (pandemic) has harmed everyone equally and not the “right people” more than others.
sleeping in a tent when it is barely freezing outside makes you tough. i know the bar is set low with redditors but *damn* that is sad. 😅 as a european who knows perfectly well what communism is and does, i would spit in your face for parrotting your uneducated bullshit stance if i could. you sound like a bot.
imaging calling the ones standing up to the government fascist. you have some work to do on yourself my man
standing up to government mandates which take away freedoms unless you get an medical procedure. or happily enforcing medical procedures on people and taking away freedom if you do not comply. kinda funny how people mix up who the fascists are
you do not know what that word means
go put your muzzle on like a good citizen
o b e y
the police put out a statement since... explicitly stating this incident was not connected to the truckers. you low info hack.
that was an antifa member that ran over the truckers.
you mean the purple haired dude who yelled "im a protestor!" as soon as he got busted? loooooool
wear a mask, like celebrities do at the super bowl? fucking hypocrite control freak
this is not a mask protest. it's a forced jab protest. they want to stop the stab. you can get the clot shot if you like it. but do not try to penetrate other people against their will.
objectively speaking, the general global consensus is that lockdowns and mandates haven’t worked. why is this so difficult to comprehend?
they are not blocking emergency vehicles, you are making that up. there is an emergency transit lane at the protest. they have left the far right lane open. the organizers have ex police in their ranks and know how to properly set up a protest to allow proper movement.
i've seen them kick confederate flag carriers out, care for children and each other, refuse to commit violence when provoked and hold on to being peaceful, etc. i've also seen legacy media lie day and night to smear those who they do not like and promote true violence and destruction and calling it "mostly peaceful" just because of partisanship. so excuse me if i do not get fooled by nonsense from strangers online after having seen all there is to seen and hear about this. you're either retarded or evil. gtfo.
don't call them bots, call them propaganthists. (reputation management is the dignified word they use) the bots might do some upvoting and downvoting, but here is how it works: >companies cannot control the front page, too many people upvoting >companies can control the top upvoted comments because significantly less people vote. they also can have a few well placed comments upvoted to control the narrative. >companies cannot massively comment so the astroturfed threads are typically ones where you see a headline that is anti-something, but favorable top comments, and negative comment chains.
let’s not pretend the blm protests didn’t get maced and beaten for blocking a road for an hour - and that the exact same people who support the truckers cheered for the police to be more violent. and you talk about mental gymnastics lol
blm just burned what was already there.
blm caused at minimum []( and recieved [funds an order of magnitude higher than the truckers have thus far]( it's worse.
[would be crazy huh](
i'm not sure tbh. they definitely shut down major roads in most cities and wouldn't thisperse when asked. not a lawyer tho so not sure of the extent of illegal activity that happened. what do you think?
they were doing illegal activities. burning , looting, attacking police with bricks fireworks, lasers...
yep bailing out rioters and store looters. that is funding criminals.
it's an interesting and complicated question. obviously in the black and white example you propose, most would agree the hostile state should be stopped by any means. for more ambiguous examples it feels like any situation where a few in power can choose what is approved protest and what is dangerous social unrest can lead to big problems.
pretending like every trucker is a white supremacist to invalidate an entire group's rights and opinions is classic reddit smooth brain shit. i supported and participated in the blm protests before you screech "racist".
everyone i do not like is a nazi.
"i do not like peaceful protests when i do not agree with them."
> extortion is illegal you mean like taxes?
it was ok for burn.loot.murder.
seems to me they are responding to extortion with extortion.
if the government blocked roads into and out of a major city would you consider *that* fascist? if a group of people occupied a federal building to prevent anyone going in or out, would you consider *them* terrorists? those are rhetorical because of obvious reasons.
>at most akin to striking workers blocking an entrance to their workplace. so blocking major international trade crossings is akin to blocking an entrance of a workplace, interesting.
we went out of our way to write laws and otherwise enable people to run over protesters blocking vehicular transport, so what's different here?
police in alberta said on monday they seized a cache of firearms, including handguns and 13 long guns, and a large quantity of ammunition in an early-morning raid targeting three trailers that are part of a blockade thisrupting cross-border traffic between coutts, alberta, and montana. police added they arrested and detained 11 individuals. “the group was said to have a willingness to use force against the police if any attempts were made to thisrupt the blockade,” the royal canadian mounted police said.
they have already been confiscated.
you have a mix. you have peaceful protestors and you have the far right wing crazy’s co-opting the anti vac movement. weapons have been confiscated. when you block a bridge that is responsible for 25% of trade and start causing economic damage. that isn’t a protest. it’s terrorism. in a democracy, if you want to change policy, you communicate and vote. really, the anti vaxxers and the white supremacy folks are cut from the same cloth. too lazy to navigate the world so they blame an extranality. irresponsible, narcissistic and selfish.
you mad keyboard warrior? weapons have already been confiscated.
it’s not so much the protests, it’s the dumbest of society that won’t get their vaccines or wear a mask so we can move past this mess. everyone benefits from available hospital beds. the protests has been co-opted by qanon and white supremecist extremists in the mix. i don’t think you understand what is coming. bitcoin grants financial freedom but it also enables societies worst assholes to organize. which is what you see in ottawa now and in the jan 6th insurrection. granted the governments time is coming, but i don’t want that transition handled by the dumbest people who think they are the smartest.
funny how you focus on the autocratic part and not the “dictatorial leader” (like unilaterally freezing bank accounts of citizens?), or the severe economic and social regimentation (literally what this is all about), and forcible suppression of opposition.
> death rows, [death throes.]( dying things sometimes twitch and spasm in the minutes prior to their final demise. throe is an archaic synonym for spasm.
the us was never fully on board with restrictions either, a good fraction of the states fought them pretty hard
i was being sarcastic. i believe in freedom of speech, and i believe in bitcoin as well.
to be fair, let me assume they need to pay for fuel, food, maybe lodging depending on how they are traveling. are there good ways to turn your btc into diesel or meals without identifying yourself and your money to government agencies?
we’re you for or against the 2020 riots?
"city under siege" lmao dramatic much?
im on my side. how does gift card helps you? (still needs fiat gateway... ) i am the peer who receved money and need to covert it to fiat. so without shady middleman i cannot covert without a trace? thats egg and chicken situation...
good job terrorist sympathizer.
>they would continue to do this despite the fact that the politicians that they wanted to thisrupt either were not there, or went home maybe that is the problem. the people who have the power to end this protest by engaging it have decided, instead, to wash their hands of it. instead, they either hide, or run to the cameras to gin up selective outrage of white supremacy among other non sequiturs. to watch trudeau speak on this protest is to watch a brain working to deny the reality staring him in the face. >we’ll see how long their conviction lasts when it hits them in the wallet. very odd thing to say in a sub dedicated to decentralized currency. i would have expected blanket criticism of a government actively making efforts to stop the flow of money to something it does not like. i did not expect to see anyone gleefully wringing his.
the government does not get to decide what an approved protest is. peaceful assembly is a charter protected right. uninfringable
what do you think a protest is?
“idiot” says the guy bending over pulling his own pants down, and lubing his own ass…...
lmao. triggered canadian. see something new everyday.
how many hours of mainstream news do you watch every day?
lift the mandates. it’s over.
these protests are the duty of free citizens.
ledger or trezor are the two most trusted options.
or god forbid if we did not have such a shitty tax system we could use bitcoin to buy stuff without going through a cefi
unless you're using some automated scripts to be bouncing funds and mixing them up, any manual send will be there for everyone to see that can be mapped out in a flowchart about how mr. thedelio thought he was smart and spent 5 days doing 300 transactions, that is still fully traceable for everyone to see. and when you sell you'd have to sell to someone anonymously and get paid anonymously,
is this true though? how does changing wallets exactly prevent the paper trail?
hopefully, one of them will grow organically and emerge as a pack leader, coalescing support from the others and becoming the obvious choice. that will take time but it is bound to happen.
why wait until the end of the month?
the regime is invoking martial law over peaceful protests and you're out here calling it a free country. i'm sorry but you're delusional.
that would have been a logistical nightmare. you really think trudeau would not have done that already?
these people are incels, it’s why they had nothing better to do than to come and have a party in the streets in the name of “freedumb”
you lost me at msm does not have an agenda...hey guys i think we got a new record low iq over here!
also i hope you were this triggered at george floyd protests since they were burning down buildings not just blocking roads
not like they have giant trucks with cabins...the same ones they would use on multi-day hauls.
what freedoms are taken away? also i think bitcoin does not care about political or personal opinion, it saves this situation not because it is supporting one side or the other, but because it gives one side the ability to use money when the other side is blocking it in entirety.
found the bots lol you really brought out the race card?
the people who confronted them claimed they said they were with the protest. do you have a link to the police saying otherwise?
wait, i thought the government was fascist? or is that just a handy thing to reach for whenever someone does something you do not like?
"stop the stab" my god, what a punch of pansie asses. how is these the "tough guys" lol. my kid got a box of junior mints after his shots. do you need a candy bar to make you feel better sweetie?
i do not know i'm not a politician. march is in less than 2 weeks, who cares.
these people pissed on our national war memorial, danced on the tomb of the unknown solider, defaced our tribute to terry fox, are blocking emergency services, were flying nazi flags in our capital, a group of them in alberta were just arrested with assault rifles and tac gear with plans to murder rcmp. these are not patriots or examples, they are cowards and losers.
>have any significant number of truckers gone around assaulting people trying to get to work? no. these protests are way less violent than the blm ones. if they were it would be all over the front page of reddit.
i'd say the truckers are better armed to defend themselves, guns or otherwise, police would be less likely to use force against them. a bunch of college students on the high streets? easy opposition for riot cops as history has shown, and they only ever get in fights they know are easy. both sides are occupying public space and both sides do mental gymnastics. these should not be opposition points, the adversary in both situations is the government.
sounds like everyone’s a filthy hypocrite then.
many blm protests turned into riots. the truckers have bouncy castles and hot tubs… there has been what just the one account the other day of cops arresting people with weapons?
are people just mad about the hypocrisy then? nobody who’s mad about them shutting this down thought that the blm stuff was cool and good. this is also the canadians who are shutting it down.
this is obviously a huge reach, but i don’t think gofundme did this for ideological reasons. canada has much different laws regarding this stuff and as evidenced by them seizing the alternate streams people went to they probably anticipated it would happen to them as well. which is also why the canadian gov’t is moving on this, something like , they’re fucking with the *money*.
come on dude. they were flying racist flags and shit. anyone involved in that protest who isn’t racist is at the very least complicit to the racism, which in my mind is still racist. you can’t march for “freedom” side by side with a nazi without being lumped in with them. and either way, best case scenario, they’re marching against public health, which is still an insane comparison to blm
no, just the ones flying the racist flags.
i'd support the truckers protest if it was not so damn hypocritical of the right. if the same laws the right got passed and what's to pass hurts the trucker movement, then that is on the right. they supported laws to hinder protest, and i think they should reap the rewards of that.
blockades are not peaceful they are acts of war.
no, and i realize it may shock you, but taxes are not illegal.
how was it ok?
but there is a difference: the right to protest. blocking roads i agree is wrong, but it is not fucking terrorism lol, they do not occupy it, and people are entering and exiting the building unharmed so that does not work. my turn: if the government froze your bank account because of your political opinion, is that fascism? if you get arrested and thrown in jail without breaking any laws, is that fascism? and if they let you out of jail (because of no law being broken) and tell you you're not allowed to go certain places in the city or else, is that fascism? if you're cleaning up people's garbage, setting up bouncy castles for kids while advocating for human rights and the government is running a propaganda campaign to get you thrown into jail is that fascism? if the government tells you to go home or else, when you're expressing your right to protest peacefully, is that fascism? those are rhetorical questions because the answer is obvious.
the government am not the people, that is the difference. if the people revolt because the government is turning against them, who do you think is right?
amendment i congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances
sure, just more effective. might get people to take notice more than a small workplace. not sure on canadian law on the right to peaceably assemble. but it’s like number one on our list with no other qualifications…
i'm talking about the main thing in ottawa
doesn't matter, you do not cut off someone else's money. that's their private property. i'm not canadian, but i take offense at the cutting off of someone else's funds for whatever reason you want to label them with. terrorists, whatever. i thisagree with your labeling entirely - these are peaceful protesters, and the democratic process (voting) is not working as big . at some point you have to be ready to stand up and fight. otherwise tyranny reigns. leave it to people like yourself, we'll all live under tyranny. i do not want that. go bitcoin!
keyboard warrior cringe lol
i agree but - canada and the western world is about a month away from being able to basically ignore covid, so... seems like a waste to go toe to toe against the truckers and the finance system when it is about to end anyway
god selected justin trudeau to be priminister.
god is not real. so neither are god given rights. otherwise god would give them to you.
you can park you truck and honk in a parking lot all you want, but blocking bridges is extortion. why are you simping for radical extremists?
yeah that is true.
true but china and nk is setting the bar pretty low. just look at how much power the feds have over our lives compared to only a century ago. it's like night and day, while the constitution has not changed in nearly 300 years.
you make friends with the guy who owns a gas station. you have drinks, share stories. you show him how many btc he could collect, under the table...
lol y'all fucked around, and are now in the process of finding out.
curious to know if you had the same opinion regarding blm protests?
the blockades are costing average people jobs and hurting local businesses and supply chains. it isn’t just waving signs and yelling any more. edit: this is just the facts. down vote if you like but read up on this before you assume this is just a normal protest.
blockading major roads and occupying downtown centre of our capital city is not a charter protected right. you have the right to protest all you want but protesting does not make you immune to laws.
mind your own business as people claim foreign money donating to the blockade is the world minding their own business in canada lolololol
guy is on a clockwork orange level of cnn viewership.
lol okay, plague rat
lol buddy. no. these people are just selfish children, when they were asked, not mandated, just *asked* to put on a mask they called it an infringement of their freedoms. they have no interest in participating in a society, they are citizens of nothing.
lmao. get fucked plague rats.
>when you sell you'd have to sell to someone anonymously and get paid anonymously, bisq is perfect for this. it's also perfect for buying anonymously to begin with.
it doesn’t and the paper trail is there for all time.
governments have spent a lot of money doing chain analytics. bitcoin is very traceable. coinjoin and mixing can remove all your kyc... although governments are pushing *(unsuccessfully so far*) to ban exchanges from receiving mixed coins; preventing the exchange into fiat. ideally we progress into a crypto economy but i'm wise enough to understand governments will not let this happen without a huge fight.
it doesn’t. but you would be able to withdraw before they figured it out. obviously they would find out, but you could burn multiple wallets, or you could always have a spouse or middle man to withdraw for you. it isn’t hard to get around the system is my basic idea behind my response
look up what happened to the mt gox coins
there just waiting for the next variant.
to make it seem like there was a reason in the first place.
...wait, did this end up happening beyond ontario? i watched doug ford's press conference but had not noticed anything beyond ontario (aside from saskatchewan and alberta)
come on. many of the protesters cannot even define in their own words what they are protesting if they are asked. "mah freedumb" edit: added "many of" as i made it sound like i meant them all.
its very much not martial law.
a lot of them actually managed to live the incel wet waifu pillow dreams to the max and married their sisters and cousins, too. it makes sense that they are lauded as heroes by the bitcoin bros. not sure if it counts when they are not japanese though. hairy sally from the trailer park over just does not quite have the same ring to it.
i’m pro-bitcoin too, but the fact is that the concept of “freedom” cannot be allowed to be weaponized as a wedge to threaten the safety and stability of society as a whole. what i mean: we can’t allow crime to go unchecked in the name of “freedom”
i felt thisconnected as well but i'm sure a lot of the commenters are new to this community due to the financial aspect of the "protest".
yes. peaceful is peaceful, doesn’t matter the group. also, there were a lot of different factors in those protests, considering the protesters were specifically mad at the police who also happen to be the ones who enforce laws around protesting. and it’s been proven many bad actors participated in those protests.
oh sorry, it isa me, a european with a history degree. yes, i do. no, you do not. scoot scoot.
exactly, which they are keeping their children in to use as human shields. i know cryptos attract incel neckbeards who do not understand the first thing about life outside their gaming rig so i could have seen the responses coming, but man this sub is a gilded dumpster fire
my comment wasn’t much about bitcoin as much as responding to the guy calling truckers fascists. the freedoms that were taken away was the ability to move freely without a forced medical procedure. you have to show a vax card everywhere in la or you can’t get in anywhere. mandated by law. it helps, i don’t thisagree, but government forcing a shot on in everyone or else you lose your freedoms, is literally fascism. you’re right, bitcoin doesn’t care about politics. it’s inclusive and anyone can use it.
literally everything is racist in clownworld
do some research, get informed. i'm not doing the work for you.
too lazy to do your own research but not lazy enough to respond loool
statist scum, calling other people pansies is the height of projection. you lick the boot any harder you'll strip the leather.
holy shit i found a "yikes sweaty" meme in the wild
make sure to get your kid tested for aids!
you must be speaking about blm
they're mostly mad at authoritarian measures being used to throttle the right to peaceful protest. i've listened to both the truckers themselves and prominent bitcoiners supporting them (btc sessions, greg foss, etc.) from my experience at least blm does not get mentioned much in this context, but no doubt the hypocrisy here from canada's leadership rankles under the surface.
yeah, that is obviously messed up. again, not trying to make this a pissing match of who is doing the most heinous stuff. i do not think the government should be trying to block bitcoin payments to anyone.
so someone could just hire a small group of people to dress as nazis, and ruin basically any protest in your eyes?
so everyone who participated in blm was at the very least complicit in looting, rioting, assault, and arson? honestly, i have not seen the nazi flags and that is not a good look for anyone involved. is every protest invalidated once someone shows up that has deranged views or bad intentions? does it only matter if a percentage of the protest has those views and what is that percentage? what percentage of the truckers are nazis? not trying to be a smart ass, i'm legit curious where the line is and how you know it was crossed.
i've seen the american flag called racist on reddit.
>they supported laws to hinder protest, and i think they should reap the rewards of that. aka, you base your "political ideology" on spite alone, and are a deeply shallow, resentful little toddler. you've now condoned fascism. when it is used on you, then you'll surely cheer because you "deserve it" right?
acts of war? by who? canadian citizens? or are you **that** delusional that you think these are "crisis actors" from a "foreign country". i swear, people who parrot your elitist talking points are literally sounding more insane that alex jones. wtf are you smoking, you fascist slime.
> taxes are not illegal. "only we're allowed to extort people" "only we're allowed to carry guns" "only we're allowed to arbitrarily give ourselves more powers" "only we're allowed to... [do all the things we declared illegal]."
this person adamantly supported running over protesters blocking roadways
it's not just a political opinion. mandates that protect the vulnerable during a pandemic is humane and just. these protests are no longer against vaccines... its become a lot larger than that with people continuing to blindly follow whatever articles get sent to them. if it agrees with their ethos, it does not matter if there is scientific fact to tell them otherwise. they will blindly follow and support a cause. to add to this, other minority groups that have viewpoints on other topics that they felt could not be shared openly, are now coming out to these rallies. it just becomes an echo chamber where nobody can tell the difference from fact and fiction... nobody truly understands the rationale behind these rallies or even remembers where these mandates came from.
i’m actually laughing at this response. > if your government froze your bank account because of your political opinion - nobody is having their accounts frozen for their *opinion*. their acts of terrorism are simply reaping consequences. > if you get arrested and thrown in jail without breaking any laws there are many laws justifying the arrest of these terrorists. but my *favorite* part of your argument that it’s fascist is - > and if they let you out of jail fascists don’t do that. in fact, there’s typically not a jail involved. > and tell you you’re not allowed to go certain places in the city terrorists tend to be barred from government buildings or transit and, typically, the place they were terrorizing. > or else this literally doesn’t mean anything. you’re saying “or else” is fascism? > if you're cleaning up people's garbage, setting up bouncy castles for kids that’s not the reason they’re there and you know it > while advocating for human rights you do not have the inalienable right to refuse to wear a mask. > and the government is running a propaganda campaign to get you thrown into jail their actions are getting them thrown into jail, and the media is reporting on their actions. > if the government tells you to go home or else “or else” literally doesn’t mean anything. it’s the emptiest threat there is. > when you're expressing your right to protest peacefully they’re obstructing traffic in a major city, heavily affecting the economy, costing the taxpayers money, and they’re doing it *so they can bully their government into submission*. those are terrorists. > those are rhetorical questions because the answer is obvious. they’re certainly obvious answers, but you clearly don’t know the first thing about fascism.
lol, none of what you just copy pasted applies to canadians.
ya you can absolutely peacefully assemble in canada, blocking multiple *international* trade crossings does not fall under peaceful protest though. blocking some streets nearby any of these crossings and causing backups on the canadian side wouldn't have sparked the response they have gotten. if these people had stayed away from the borders trudeau would have remained on the sidelines.
the "trucker" leaders were asked this question today and refused to answer. make of that what you will.
when you block a bridge that does 25% of the trade between two nation states there is going to be consequences. move this event forward a few years and ask yourself how are you going to stop the crazies?
maybe the truckers should take a page out of their book and start firebombing buildings and looting businesses. left wing politicians will offer to bail them out of jail instead of trying to seize all their assets!
this guy follows the crowder reddit and posts stuff about "antifa plants" lmao, you know he did not.
you protest where you protest, its not my fault they chose to put the supply route here. hahaha thats adorable. the only people who are terrorized are canadian people under trudeaus iron first.
and the pm can end it all if he wanted to.
just like the government has been doing
oh yeah. and the lockdowns did not?
just head down to your government approved free speech zones and read off the prepared acceptable protest signs. but not too loud or we'll call the military. ❤️
this comment, and damn near all the others could have come directly from the republicans in the states during the occupy and occupy wall street protests. i’m kind of shocked to see just how authoritarian canada has become, but i guess i shouldn’t be at this point. calling in the military to break up a peaceful protest… holy cow.
maybe, but one of us has a trucker problem and one of us doesn’t. lmao. ima sleep like a baby tonight.
selfish children cower in fear. selfish children require the compitulation of others. you can miss direct this thing to masks, but the heart of this thing is mandated, experimental, injections. it should be very clear to anyone whit any capability of critical thinking that the public policy surrounding this issue is just that, public policy, driven by politics and the thirst for power. participating in society is not simply indulging in the same bread and circus, sometimes its about hard decisions and sacrifice to guide society away from evil. how programmed someone must be, to see true bravery in the face of a tyrannical government and instead of being inspired, project thier own fear and weakness.
they can see the transaction, but there is no proof you sent to yourself. you could very well be sending it to a belorussian camgirl for all we know. you can still use coinjoins, the lightning network or swap for a shitcoin and then swap back if you feel like you really need to erase the trail.
it would not be a fight, or we will lose. it just needs to happen, gradually over time. and adopted by enough users that it becomes undeniable. like bitcoin has become. it, is an undeniable force at this point.
it's too bad that bitcoin did not have privacy by default. :d
so this is definitely a weakness of btc. if your address or addresses can be flagged as "not to be accepted" or renders your btc worthless. at least in the nation outlawing you. and if nations form a consortium on sharing agreed upon invalid addresses... where does it stop?
protecting democracy by... unilaterally freezing the bank accounts of peaceful protestors. wow, such democratic. >now they are getting what they asked for. yeah, this is not the kind of rhetoric i'd be using if i was claiming to be on the side on democracy lol
can the regime please protect our democracy from a prime minister that has been breaking laws for two years, installing a foreign sponsored medical police state and using a pandemic for political gain?
i do not see you complaining about all that foreign china money buying up half your country, why are you complaining about just this foreign money
are you not feeling well? they've clearly stated their objectives. are you just trying to confuse this situation with lies?
i think if you'd hear them better if you dug your head out of your asshole.
as per the state media: >the law empowers ottawa to do just about anything it thinks is necessary to cope with a crisis." yes, totally not martial law. 🤡
actually i’m not, todays a great day, all these man-children will have their accounts frozen and lives destroyed because they chose to have them destroyed, they will finally be given a real reason to feel like victims 😌
lol while crypto has its share of incel neckbeards who evangelize the loudest...that is a pretty broad stroke to paint. like vegans, crossfitters, moms etc. basically any popular group...they have their cringy loud members.
you called the protesters racist which is hilarious. sounds like you’re been programmed to react to certain stimuli with the same tired claims. is everyone you thisagree with a racist, sexist, xenophobic etc.?
you made the claim, the burden is on you. but to humor you, i looked, and i found nothing by ottawa police saying such a thing.
get vented mouth breather. try not to freak out too much when you get those first painful deep breaths.
i love how it always starts out as the anti vax getting told they are wrong and then it always devolves to this. there's always one comment where you drop the facade and stop pretending it is anything other than a temper tantrum.
there are no mandates that require everyone to get the shot. there are mandates requiring "truckers" to get the shot. so, if you do not want to get the shot, do not be a trucker. they do not get the shot, and there is 1 less typhoid michael running around the country. >you can call this concept "freedom". don't like it? move to a country with lockdowns and mandates agreed. can you pass the message to all these whiny truckers? maybe they can move to a country that does not interact with any countries that mandate anything at all. they might need to get some sort of education, but i'm sure they can find a job where they can smell dirty ass for a week at a time.
buddy, your aids diagnosis was from catching outside dodger stadium, not the vaxxine.
this is no longer a protest, it is a blockade of key ports of entry and weeks long occupation of the nation's capital. we've not had a comparable situation here in at least a generation.
he's feeding you misinformation. the law makes it so people are not criminally held liable if they hit people that are causing an imminent threat and blocking your avenue of escape. thats a big difference. you cannot just run people over for fun. but, propaganda is propaganda.
nice strawman. are you implying that that’s what happened here? like how is that relevant?
what does that have to do with my comment
lol the right wanted these laws in the first place. maybe they should stop being children and have some empathy for ppl. maybe they will understand and want these laws overturned. we're still a far cry from fascism, and it is conservative laws that are putting us there. don't cry foul when the left finally uses the rules the right out in place. fuck offz hypocrite
i'm smoking cold creek cush pre-rolled joints, 20% thc (thanks justin!).
you're upset that you're not allowed to extort people too?
>it's not just a political opinion. mandates that protect the vulnerable during a pandemic is humane and just. for a "safe" and "secure" society. -chancellor palatine
damn you're missing so many points and twisting my words to your liking, it is so bad i do not even have the energy to respond lol. you're lost, too bad the propaganda has really got to you
i was referring to american standards, i acknowledged i am unfamiliar with canadian law on this matter. i am going with how we define it. to us this should not be considered terrorism as long as it is peaceful. inform me of canadian law on the matter and i’ll for an opinion of the situation based on that.
i interpret peaceful as non-violent. you seem to interpret it differently. that’s the rub. one dictionary definition backs me up. one backs you up. not gonna argue that. maybe define peaceably more concretely? ah the joy of language…
i’m going to guess that he assumed whatever he said will be taken out of context. and with canadas strict gun control laws, whatever they can misconstrue what he says they will try to bring legal chargers. not to get a conviction, but to arrest, and put pressure on him personally… idk, i’m just guessing.
ah, that is troubling then
due to the nature of the subject, a lawyer would likely tell the leaders to not say anything and to keep it in court should it be necessary. the media will always frame it in a biased way.
crazies??? wtf is wrong with you? do you hate freedom or just believe that we should all be slaves? i mean which is it. you're quite fascist, and i worry about that position.
evicting extortionists from critical infrastructure is not evil though. maybe your moral compass is backwards.
trudeau is a good man, and him doing this just cements that.
> hopefully you find your righteous path. i found mine outside of religion. if your sense of morality is based on some form of fear of divine, you're definitely not a good person.
brilliant idea! seems to work for blm
they’re not truckers. truckers are still working. these are rednecks from the far reaches of hicksville, canada. go watch any of the footage and tell me those seem like intelligent, agreeable individuals.
so is this whole subreddit generally like this? as in, hard right?
indeed you can protest where you want to protest, but if you're protesting and you're doing something illegal then you should expect the rest of organized society to take issue with that and evict you by law and with force. the right to protest ends where my right to exist begins your right to protest does not give you the right to tear down my civil society.
what a joke. as a canadian the only terrorizing here is these occupist dumbasses. let me just park a big rig on your front doorstep, blast train horns all day and night, and block your ability to live your life in a 'protest' against reasonable and needed restrictions that already had planned end dates.
he can end it by calling in the military. at this point, the protestors don’t even know why they’re still downtown. ask all 14 of them why they’re there protesting and they’d each give you a different answer.
he is rofl you lost lmfaooooo
he is by fucking you all rofl and your like “we almost got them on the ropes guys” while emergency powers are being used rofl what a fucking joke you are. i’m laughing at you hahaha
haha. where i'm from, you have to ask permission in order to protest. no joke! wasn't the whole point of a protest that it is going to happen, whether the one being protested against likes it or not? lol. clown world.
if the right cared did not care then, why should the left care now?
they can probably put 2 and 2 together when you off ramp the money back into the fiat system via a kyc provider.
if you want privacy then use other chains, it is available dude.
i believe one of btc's greatest strengths (as with any currency) is fungibility. if some coins become "tainted" because they have touched something "forbidden", it is not just these coins that become worthless. it's the whole network imo. i'd be very surprised if such regulations were ever accepted by the community at large.
you gotta make some sacrifices, everything cannot be kust perfect.
lightning. use it. if you do not know how, learn.
silly sschepis, that is money laundering the government approves of. that's perfectly fine to the canadian government
so the military is in charge now? because that is what it takes to have martial law. last i checked, the government was just sending in the mounties to enforce the laws the ops refused to enforce. definitely not martial law.
very true. this is a reddit crypto sub though. so when you cross two subsets with a relatively large proportion of something each, you get a homogenous mess. i own crypto assets myself. i love the concept, the potential. its been co-opted by all the bad actors and i'm very glad about the regulation coming in soon.
you're not going to like the source but they are the only ones investigating and the quote comes directly from the police deputy steve bell: "we do not have any direct linkage between the occupation demonstrators and that act" now, the person who reported the incident had explicitly said that the person said they were a trucker... so for the deputy to be saying they do not have any info linking them, that means they did not take the account very seriously and it seems like an other jussie smollet moment. but of course, maybe purple hair truckers do take breaks from shoveling the streets so that they can go light a bit of trash on fire in a lobby, telling people "i'm a trucker". if after all of this you still believe it, i have a bridge to sell you! (also the bridge will be blockaded until freedom improves!)
i’m not sure what canada did or didn’t do re: blm. it’s not authoritarian, it’s been declared an unlawful and illegal protest. do you think you should just be able to blockade major bridges? the measure they’re using still has to go through parliament too, and needs votes from other parties to pass. i actually thisagree with him using it personally, but it’s constitutional. it’s insane that these crowdfunding sites didn’t have to follow canada’s version of kyc, which is what this is. why doesn’t everyone just send them in btc anyways? i thought this was the whole point.
dude, they are allowing companies (banks) to freeze the assets of people and companies without a court order. if they were concerned about whether it was criminal or not they would go through the courts. this is an incredibly slippery slope - it can’t be overstated. everyone should be outraged by this.
it would be extremely easy for a government like canada to pull that off, and knowing that there are gullible people like you who would immediately thiscount an entire protest at the sight of a few nazi flags makes it a perfectly valid option. if i were in trudeau's shoes i would have definitely done that.
> lol the right wanted these laws in the first place. aka, you base your "political ideology" on spite alone. your hatred for "the right" is identical the right's hatred for "the left". you are the same. > don't cry foul when the left finally uses the rules the right out in place. fuck offz hypocrite you've now condoned fascism. when it is used on you, then you'll surely cheer because you "deserve it" right? your entire ideology is pure hypocrisy. you are **identical** to those on the right that you hate. you support donald trump unequivocally with your belief system.
"i am n0t frei 2 uz ma moniez, but at leaast i cun git hi" that explains it. you're so fucking high that you think a foreign country has invaded canada. go watch more alex jones.
of course not. extortion is immoral.
the fear of loss is a path to the dark side -yoda you are not losing anything with these mandates. thae mandates protect the weak an vulnerable. they also allow our provincial healthcare systems to cope with pandemics. stop overthinking this.
basically this section of the canadian charter of rights and freedoms covers where things are going wrong for the truckers, bolded text done by me. >section 2(c) guarantees the right to peaceful assembly; it does not protect riots **and gatherings that seriously thisturb the peace**: r. v. lecompte, [2000] j.q. no. 2452 (que. c.a.). it has been stated that the right to freedom of assembly, along with freedom of expression, **does not include the right to physically impede or blockade lawful activities**: guelph (city) v. soltys, [2009] o.j. no. 3369 (ont. sup. ct. jus), at paragraph 26. [source]( this is essentially how the rcmp (royal canadian mounted police -fed) and opp (ontario provincial police) were able to go in and start arresting and impounding at the border crossings. what's happening in ottawa is a bit more interesting as now that they have put in city noise laws stopping the honking, from what i've seen theres a much tougher case for legally claiming there is a serious thisturbance of the peace.
also, my re. the constitution copy. sorry i did not realise you were the same commenter adding it as reference.
when people lose their jobs from these delays that is economic harm.
cause the crazies are out there and they are going to do crazy shit. this is the future you are going to be dealing with. the q crowd, isis, the christian evangelicals and all the other the crazies, are going to be enabled to form their own sovereign state and start doing crazy shit. it’s a problem you are going to have to solve. you can’t avoid it.
yeah apparently... who knew that in the pursuit of making their own form of decentralized banking that these guys would just turn into the same thing as the central-bank fanatics. fervent capitalists.
“legal” does not equal “lawful”. this is a lawful protest. no one’s rights are being violated.
don't bother trying to speak sense to these halfwits. all the trumpers and libertarian imbeciles moved into this sub after others were shut down.
how much does trudeau pay you to spew government talking points on reddit? sorry officer, not a single canadian believes the truckers are alt right or have guns in their trucks.
man i can wait to see you eat those words in the near future.
because at some point you’ll see that there is no right and left. there’s working class, managerial class, and the ruling class. and 90% of the divisions in any western society, but most importantly the u.s. is the complicity of the media to allow the ruling class to shape the narrative and frame the national thiscussions, keeping the managerial class sneering at the working class, and the working class being hyper aware of that sneering. meanwhile both groups feel entitled and empowered to their decisions, and the ruling class doesn’t pass a single piece of legislation that they promise, and instead we find that they have day trading win ratio’s better than the top traders in the nation.
then you are making the same mistake twice. what is the point of going through the trouble of erasing the kyc trace just to go back to kyc?
it’s kind of archaic and hilarious if you compare it to a regular currency. i am at risk of buying btc from my neighbor because it might have been mixed at some point. it’s like saying you can’t deposit a ’s been used a few years ago to buy weed. i bought from localbitcoin and my btc was flagged for review from blockfi.
well here's the thing about money. it does not revolve around the usa. there are plenty of other countries that would be glad to take that type of money.
i have not heard a single call to violence from the protesters, that is a bunch of b*******
yes, keep calling people who want to be free from unscientific restrictions, mandates and government harassment white nationalists and racists. i'm sure that will work out great for you.
conspiracy nonsense is being terrified of people who want to stop mandates that are being ended everywhere across the world. i think the conspiracy is not with who you think it is.
he admitted on camera to violating charter rights using a loophole, which is breaking the supreme law in canada. but evidently you’re a closed minded corporate media junkie, so feel free to call that a conspiracy theory too.
freedom to assemble, freedom to travel, freedom to a consent choice. these are all the charter rights he has infringes upon. an ultimatum is not consenting choice. it might seem like minor infringements but its still not right. it may still seem like a free country right now, but that can change real quick with the way where going. mandates are wrong, if your going to support them, expect these problems.
they are exercising freedom. you are a slave.
shit goes in, shit comes out. i mean, what they are protesting against is obvious. you're only exposing your own stupidity and ignorance when you say shit like that.
you do not know what martial law is.
haha log off facebook, you’re not oppressed, you’re just an entitled brat 😂
regulation and crypto is an oxymoron. it can only be self-regulated, it is easy to go beyond any government regulation. how many times has governments and fis banned crypto? a hammer can be used to kill, make furniture or smash an egg. some cannot find the utility in one, some use cases are not efficient or the best option, and others can use it maliciously. that does not mean we should restrict hammers for everyone.
you really believe that.
this is about as partisan of a news source as it can get, but let us dive in. \> what we learned is that no one seems to have any concrete evidence that arson actually took place, not the police, not the building management. i note they never show the actual video. it's very clearly two people attempting to set a constructive fire in the very early hours of the morning. they brought firestarter logs and taped the doors shut - on video. also on video - the person who noticed(from outside) breaking through the taped doors to stamp out the fire. who has purple hair?? is purple hair a damning feature of someone definitely not on the side of the convoy?? should i show you hard right conservatives balls deep in the conspiracy grift-o-sphere with neon colored hair, if that helps set aside that silly talking point? if they seek to be taken as a more legitimate source of news, they should avoid this kind of window dressing: >why does the mainstream media seem so motivated to smear the name and reputation of a protest movement as peaceful as the freedom convoy? is it because it goes against the government's narrative? is wanting to regain one's freedoms such a scary and dangerous thing for canadian citizens in the eyes of the subsidized media?
did you not see people getting pulled out and beaten? yeah fuck that. i wouldn't have stopped either.
> this is an incredibly slippery slope - it can’t be overstated. everyone should be outraged by this. i agree.
anyone in their right mind would not allow fake nazis to infiltrate their protest. you bring a nazi flag to a protest that doesn’t support white supremacy you’re gonna get forcibly removed. like this argument make no sense. clearly the truckers were chill with the nazi shit, whether or not they’re “real” nazis is beside the point. edit: just checked out your comments and realized you’re either a troll or a child so i won’t bother continuing this thiscussion
lol you're a dumbass. at worst i'm fascist against fascists i'd be supportive if they had not been hypocritical. and i'm fine with seeing them eat their just desserts. they've had it way easier and been less retaliated against than many protests on the left. maybe you should have been supportive of the left when they were protesting, you're just reaping what your sowed. the right took rights away, and now bitch like school children.
simping for extortionists because you're afraid of needles. i'm proud that people like you to hate me.
then the truckers blocking the bridges are immoral. do not support them.
>you are not losing anything with these mandates. nothing other than the basic liberties guaranteed to any citizen in every western democracy. take a deep hard look at yourself. **you** are the one controlled by fear. **you** are so deeply confused, and have been made to fear an external threat in the form of a virus to such an extent, that you've *begged* to lose your freedom, for fear you'll lose your life. > they also allow our provincial healthcare systems to cope with pandemics. this is easily done by, you know, properly funding the healthcare system and healthcare workers. > thae mandates protect the weak an vulnerable. for a "safe" and "secure" society. -chancellor palatine safety is **always** the excuse for tyranny.
helpful… and with sources. if that is the law then that is the law. doesn’t seem to be terrorism though, just an unlawful assembly. breaking it up seems legal based on this standard, but calling it terrorism does not (not saying you did, other commenter did). on an aside, is there any law there used to justify the blocking of payments? specifically to unlawful assembly? or is the law on anti money laundering irrespective of the scope of the law broken. what is the punishment for unlawful assembly, and is this in line with the standards for the level of crime reserved for freezing accounts?
seems like there is case law surrounding this that does protect peaceably assembling in public streets. looks like the situation overlaps existing case law there. looks like the lawfulness of breaking it up will be contested down the road. section 2(c) includes the right to participate in peaceful demonstrations, protests, parades, meetings, picketing and other assemblies. (dieleman, supra; r. v. collins, [1982] o.j. no. 2506 (co. ct.); fraser v. nova scotia (a.g.) (1986), 30 d.l.r. (4th) 340 (n.s.s.c.)). it protects the right to demonstrate on public streets (garbeau v. montréal, 2015 qccs 5246). the freedom also extends to protecting the right to camp in a public park as part of protest activities (batty, supra) and the ability to wear masks during a peaceful demonstration (villeneuve, supra). however, it does not protect a particular venue for assembly (e.g. a clubhouse) (attorney general of ontario v. 2192 dufferin street, 2019 onsc 615).
no worries… no offense taken
economic harm isn’t justifiable as a means to declare a peaceable assembly illegal. me and bigwig had a nice back and forth on this regarding its legality. a shop owner may be economically harmed if his workers strike. his goods maybe sold internationally, causing international trade to be harmed. these are not justifiable reasons to say a strike is illegal under american law. not sure on canadian. from my cursory understand and this exchange with bigcig, it seems there is legal precedent in canada saying as long as they are peaceful they can be in the streets. also, if we are saying economic harm is bad and should be stopped, how is it okay to inthiscriminately freeze accounts and seize funds? one economic harm is okay but this one isn’t?
people blocking critical infrastructure are affecting everyone who participates in the canadian economy, that is who. those same people were not forced to get a jab, they have always been free. those same people are just upset about the well advertised consequences for taking the choice they chose. those consequences mean that they lost access to some spaces because they cannot share them safely. they are **irresponsible** towards everyone else. it's like drinking and driving. you are free to drink, but if you do you can not drive, for a while.
these idiots are causing demonstrable harm to both canada and the us, in regards to trade, [a fucking soup kitchen]( numerous arrests and claims of property damage, people waving nazi and confederate flags in the streets, etc. they're "protesting government overreach" my ass...the truckers work in an industry that is heavily regulated out of necessity, and requiring certain health procedures when crossing borders is not overreach, especially when a fucking global pandemic is involved. this "protest" is wildly unpopular and has become a nuisance to both canada and the us at this point. get your shots, dumbasses, and you would not have problems. in fact, we would've had this entire pandemic behind us a long time ago had people been just a little smarter.
i suggest you learn what the definition of "religion" is:
i think we all need to start referring to him as ‘he who musk not be named’.
dont trust billionaires. dont trust that blue check mark. buy the dip. never sell.
please stop talking about the thing i'm talking about right now
this post has a sort of [streisand effect]( by saying to people they shouldn’t talk about this they are going to talk about it.
we are now at the same price level that bitcoin was at just before the tesla announcement. i think it’s oversold, but now that we have erased the tesla hype from the price we can just move on from here.
you are the kind of guy who “reply all” to tell people to stop answering to everyone when someone send an email by mistake to the entire organization and then the next thing you know there is 2000 people doing the same thing. i wish there was a “ignore” button so we could move on to the next thing and not have the whole subreddit flooded by these posts.
depends on which side of the market you sit on. for some it is a great opportunity to buy in cheap again... in fact who's to say telsa are not buying more at this very moment... or even working on a solar powered bitcoin miner?
lol facts. "wahhh 😭 he is manipulating the price!" stfu and buy the dip 🤣
i remember when i jumped in back in december 2017 and a month later everything "crashed" and people swore it was the end of bitcoin and it would never recover because the public had gotten a good look at it and ran away screaming and blah blah blah. i was so dejected from the money i lost i decided just to leave it sit. in some sick way i kind of wanted to watch it crash to zero so i would know how bad i f'd up. guess what happened? so...yeah...i've been down this rabbit hole of "all confidence in btc is lost and it is all falling apart" before. lesson learned. right now i'm thanking elon for letting me buy up some btc at a thiscount.
i thought everyone understood that bitcoin is the only asset that people want to go down so they can get it cheaper!
i am the walrus.
and here it comes, the 30th post about not talking about elon
now he is a spasst...
oh ,last time i heard bitcoin had a huge run when elon accepted it for tesla
tesla financially survives on emissions- without credits would be too unprofitable. emissions. it appears elon was reminded of this predicament recently. bottom line, businesses that rely on government subsidy are in effect put in opposition to hard money like bitcoin. elon's complaint about bitcoin energy usage is just smoke screen for tesla needing to exit bitcoin for this reason.
i don‘t see people talking about elon, only shitty posts that people should stop talking about him…
so given the praise heaped on musk around here the last few months i have to wonder. are we going to turn on gigachad saylor if microstrategy sells?
is the elonites that fuck everything up. the man is just a business man and the elonites worship him like the apple folk worshiped steve jobs.
having 3 kids i’ve learned that toddlers don’t throw a fit without an audience.
op: please stop talking about elon. op: talks about elon.
sold my tsla shares this morning for a loss. saved my dignity.
he literally moves the market just by sharing his opinions, and you’re telling us (people that have their money invested) to not care nor speak about him? ya just another moon farmer lol
he has too much power. i really believe it would be better if he leaves crypto for good. why the fuck should someone with <0.15% of circulating supply have so much influence on price of a decentralised asset. if he leaves it will just return some bitcoin from corporate accounts back to the people. positive long term.
this is some bs, everybody loved him when he was positive about crypto... and now when he is questioning he is a douche?
start by stop creating new post about the car salesman pls.
guys if i were you i wouldn't be holding this guys stock. he's too bipolar. flip flops all the time and thinks playing with investors money is a game. he does not care about tesla investors. he's a trainwreck. stay far away from him and tesla especially when the stock is worth more than all the car companies in the world combined! over valued! ohhh and cyber truck looks like trash
fuck elon musk and his band of idiot senseless followers. keep following his tweets and he’ll have a blast spending your money getting to jupiter next
so who's seen the new love death and robot episodes?
you’re right, he is not the crypto god. he is “the dogefather”
one thing you have to take into account we have not lived long enough into the globalized world in terms of our interconnectedness thanks to the internet. given that fact. not enough time has passed for an huge self voluntarily ponzischeme bubble to appear in the form that cryptocurrencies has manifested. thus we are living through history right now. and the bitcoin crash will be looked upon akin to the hysteria of the 30s. euphoria and voices of thissent silenced by the majority. human nature.
“he is not jesus” yeah, cause jesus is into crypto lol but yeah, i feel you
how nice of elon to lower the cost of acquiring bitcoins. it's kind of unfortunate for all the dogeburns that will follow.
the fact that he hasnt been charged with conspiracy to commit fraud and touting markets in favour of him making money says alot. his personal opinion should not affect the price of the market. him buying a bunch and selling it does affect teh market tho!
i'm fairly sure all this financial bullshit is just a dick swinging contest. one big dick sets it off, then the rest is just like multiple pendulums falling into synchronicity .
why do people even listen (or did listen) to him in the first place? he's kind of a trollip.
no, but he is the >!dogefather!<
you are right... so i bought the dip
i am much more thisturbed that this narcissistic attention-wh*re billionaire declares himself as having asperger in a comedy show ...
seriously i'm sick of him. he does not know the difference between nodes and miners. he thinks fees and speed are the main factors of a crypto instead of decentralization and security. guy is not only a fraud but a big mouth who knows shut. but hey he worked for paypal so just trust him. lolol
if you must talk about him, do so to highlight what a lying sociopathic piece of shit he is. he's had a silver spoon up his arse since birth, which he lied about, partied his way through university, which he lied about, was not a founding member of any of the companys he is been ceo of, including paypal and tesla, which he continuously lies about and has had company records (at tesla anyway) changed retroactively to show otherwise. besides that he is a serial divorcee with weird rules for his partners, and a union busting piece of shit. fuck elon.
he’s honestly not even that bright.
elon says positive thing about btc: ooommggg elon is our hero the massiahhh elon says negative thing about btc: nooooo you can't talk about elon heree
elon is a ashole.
he is actually way less than a crypto god! he is a spoiled, rich, narcissistic, delusional, lying average intellectual (f.e. claims his iq is at 155 while thinking turbines can suck a tube through vacuum\^\^). he did not found paypal, he did not found tesla. and by the way tesla is probably the most overrated company worldwide. [youtube](
you should ask yourself who sold his bitcoins. elon said he did not. prices do not move by tweets, they move when whales move. which whales dumped their crypto and why. it was not only bitcoin, the whole crypto market tanked. some people are saying it is because it is tax time and whales take their gains. i do not know, but i only know that tweets do not move prices - buy and sell orders move prices.
it is just funny af. we knew since the beginning of bitcoin how terribly bad it is in terms of power consumption . and it has been said millions of time. now elon says it too and the entire market crashes by 20%. wtf? how tf gives a shit about elons twitter posts and what he sais? everybody can tell shit but what matters arr the actions people take. is it because tesla doesen't accept bitcoin anymore? almost no store in existance has ever taken bitcoin and definitely no one has ever bought an real world item with a currency like that. why buy something with a currency when the value of your money can increase 100x? i really do not get why people are panicking and listening to elon.
1. sell tesla stocks 2. buy bitcoin 3. share videos debunking him 4. unfollow his social media 5. and then ignore what he says
[common sense skeptic] ( has some great material debunking him;)
my opinion he is using his influence to drop the price to get more for less, because inevitably it will go up and crypto will take over our current form of money at some point
ya who cares what edonk says
he should sell, leave us in piece and keep his stupid fud.
just let everyone do its thing, it is gonna be fine. is this good for bitcoin? --> yes! (the only flow chart you need)
bitcoin hasn’t needed him for the past 10 years. still doesn’t need him.
buy bitcoin. you know elon is.
this is a nice place to land and refuel on the way to 80k
we’ve all agreed to get him off tweeter
guy is far from a god by any means 😂 can’t be the only one who thinks he’s a total clown
i thisagree. he has spewed dangerous lies for years. forget bitcoin for a second. he needs to be exposed as the charlatan that he is to the masses. he's elon musk for fucks sake. you really think a few redditors not talking about him is more damaging then being exposed? that's exactly what he wants you to think.
that dude is a narcissistic person, the more you talk about him the more he cums.
so who is the next person the community will hero worship? obviously kim dotcom, elon, and mcafee proved themselves unworthy of devotion. mark cuban?
spacex = good. elon = a bit of a prick
he is just mcafee 2.0
i have seen one or two devs actually engaging in thiscussion with him lmao taproot had some devs burning torches, this elon shit means nothing. my dad has listened to my talks on bitcoin so many times that even with all his skepticism he says that whatever musk says means nothing to bitcoin.
he just a pumper and a dumper.
anyone else like me changing tour mind about buying a tesla? i’m on the cybertruck list but now have decided i’m done with tesla. fu musk
the obvious ploy is that he knows he controls the market by tweet, and he wants to drive the price down so he can buy more.
yeah i agree. after centuries we found a decentralized way of having control of our own finance. these people are still trying to control it.
you guys know that if tesla sells their bitcoin it will tank to like 10k right?
that dickhead is on the spectrum... fuck him
so what did elon do? i highly doubt the millionaires and corporations selling off and who are the only ones to cause any movement to the candlesticks are concerned about buying a car. just think about it...all he did was not allow people to buy an electric vehicle that any millionaire can care less about. if anything this sell off would if happened regardless. if anything the hype is over; the whales made their money mostly on the backs of all you middle class investors trying to get rich quick which is never a thing. they made up for losses from the quarantine and its over. crypto gets its second strike and crumbles although slower so i would advise bailing before you lose it all. bubble has burst edit : it will never be adopted fully...who wants to get paid with volatility???? i pay you 1000 in bitcoin to only have to pay you more since by the time you get it the price dipped...no wat. you realize just like elon tweeted earlier paypal venmo exists? its instant and the fees and complexity to send money arent even close!!!!!! wake up you sheeps here you go sheeps.
i hope twitter bans him like how they banned trump. he's starting to become a lot like trump. wouldn't be surprised if he ran to become the next president for the lolz
your fucking currency is made up. you people are in a cult
esatto bitcoin può essere e diventare una delle più grandi invenzioni umane se non deraglia dai suoi principi lasciamo.moon e lambo agli altcoiners ho vissuto sempre senza e posso continuare cosi
why? elon’s words are like water to the soul!
es pasajero el que el pueda manipular el mercado.
i don’t think anyone actually listens to him... the dip came from the people who think that other people listen to him anticipating a dip. the fact that you think he has power is what gives him all of the power.
can we also stop the 100 posts about not posting posts about elon? thanks.
so, i should downvote this since it talks about elon? 🤔
a post about —— to not post about —— has my downvote. in this sub. sure.
to be clear, bitcoin has been successful because someone like him. and we need more people like him get involved.
ohh darn elon is out... more for me :d
you have become the devil you want to avoid.
he just wants to save electricity my peeps... he is gone "green" and *has a lot of green!*
you are talking about him 😂
he is the dogefather, though.
he's now acquired the rank of bitcoin jesus. ...and so we can now forget him, along all the other failed bitcoin jesuses.
i say let him bash bitcoin as much as he wants. that way it will eventually be normalized and no longer have an effect, and we'd have gotten that out of the way.
seeing how celebrities and companies can change the value of crypto in a matter of tweets or whatever does not seem sustainable at all anyway whatsoever
we cannot just not have elon. we need a replacement. truth is that people are wired to follow other people and be tribal. obviously i do not mean have someone control btc or any other blockchain, but have people that we trust and value their opinion. we need to make them popular or they should already be popular.
jesus it is like the 100th time i've seen a post like this. no one is comparing him to a god. even before all of the tweet drama. just shut up...
the mollusk fits him well
everyone talking shit about *bitcoin crashing* fail to mention that the people who are easily influenced by elon came and went. their money did as well. its literally at the same point before he mentioned it and it is still been doing very well this year before and after elon. he's just trolling for personal reasons.
yes exactly! it’s a decentralized system and no one’s opinion or tweets should manipulate it. the crypto market has been running successfully without anyone.
i think it’s silly to be too concerned about what he’s tweeting. obvious market manipulation, what can you do? just buy the dip like he’s doing and shrug it off.
i do not think anyone here is referring to him as such, but to be clear a lot of people feel mislead and a lot of people though he would do good things to technology and crypto but we are seeing a different face and when people feel like a person is acting very different at times , especially when there is money involved it is only natural to thiscuss about what's going on in the crypto world.
he says he didn’t sell, maybe he is lowering the price so he can buy more.
moreover he is liar:
>he is not jesus yeah i wouldn't be so sure...
your post is delusional. haha.
thank him, he is given the entire crypto community a week of sales! i just hate that i dumped a bunch of money in the week leading up to his tweets lol. i've been squeezing out a bit more here and there where i can, but take advantage! things will bounce back, or they would not. i'm also a moron.
elon is a lab accident away from being a super villain
another post about elon i see.
fuck musk = fusk
it is very hypocritcal to hype elon whenever he says something positive about bitcoin but hate him whenever he criticises bitcoin. in the long run bitcoins success would not be influenced by such things, as the technology is the true value. therefore whoever tries to manipulate the masses on reddit by saying who to like or thislike is just here for a short 20% gain and will leave bitcoin for fiat in an instance when an opportunity presents itself.
networks will never stop talking about him and that’s what matters. talking about him on a reddit page has no effect on btc
i think we should talk about ernie and bernie in shark tale when they said "it is a whale of a wash and the price... oh my gosh!" because ever since they finally nailed the wash's slogan it is made a weird impact on me and i think about it rather regularly. has absolutely nothing to do with bitcoin but it is better than whining about you know who all day so get on outta ere
“pls stop talking about elon” - proceeds to talk about elon. gotta love the cycle.
let’s take it one step further. downvote any related to elon. don’t ignore. actively downvote.
we should, but he would not shut up so...
yeah, still gonna buy the model s plaid + though next year.
ok, everyone! let’s listen to qqqqup instead now!
he's pretty influencial though - any time he tweets about a financial commodity, the value changes pretty dramatically. e.g. when he said tesla stock was too high it fell hugely and recently when he said tesla will no longer accept bitcoin whilst it is damaging to the enviroment, bitcoin fell by what was it, around 10%?
nah, you’re wrong, elon is jesus
i am not happy with elon, do not like people having so much power
how much btc did jesus own? i read in the bibull from the book of elon, chapter 1 verse 1-2 : i will dumpeth my shit and collect from your toil. jesus cried, "hodl, bitches!"
just hold, bitcoin will be at 100k in a few months , let the haters hate
it smells kinda musky in here...
it's hard to ignore the fact that the latest ath was achieved, because of elon. if he is no longer with us, it is going to be very hard to hit a new ath in the near future. this bull run is over, imo. we'll get back up there, but it is going to take some time!
elon trying to make btc have a better image so other companies can buy some
funny, no one was saying this when he announced you could buy teslas with btc or that tesla was holding.
like why are we even arguing about it? like the market crash happened when the chinese bitcoin farms went down after that it did not even reached 60k and now what if he is tweeting does that matters?
you are going to be really mad when you learn about how bitcoin has historically been very, very easy to manipulate...
agree!! fuck him. 1 man can not control bitcoin and on top of that he should be investigated by sec. for manipulation of market...
barry started it. you guys are mad at the wrong person.
but... but... it’s been going down so much??? he made bitcoin crash and forced me to sell all my bitcoin at a loss because i had no idea what i was doing. so don’t you dare tell me where i shouldn’t blindly lay my blame to feel better about myself.
i just got into crypto and invested a hundred dollars into bitcoin. can someone give me a little explanation as to when i should invest again or what my next move should be ?
me personally i do not care about elon but it is more like i sense a thisturbance in the force. this "climate angle" is probably the scariest attack vector for the bis or whoever is against btc. i just worry he is the tip of the spear in this new line of attack.
wsb army run a thread sell tsla4btc
this dip has nothing to do with him, it is due to the stock market dipping itself.
he has officially become "he who shall not be named"
he is the new john mcafee... maybe he will really eat his own dick too
unfortunately, as we have seen, it does matter what he says. and he knows it and uses it to his advantage all the time. whenever btc is at support- always good tweets from him. and be sure he already bought before, at the bottom of that pattern. whenever btc was recently going down and confirming a huge daily head&shoulders, which would loose him a ton of money, of course he sold it all before, and then tweeted smth bad, so it would go down a lot for sure, so he can buy back at a cheap price. he is not stupid and he knows the technical analysis. (or his team of analysts). and he uses his tweeting superpowers accordingly. to make money. which i cannot blame him, anybody would do the same in his place. he should get in trouble for it, but he would not. so, as a longterm investor you should for sure ignore all this. but if you are a trader, just pay attention and be cautious in the game of billionaires.
he is when he’s backing bitcoin tho 🤣🤣
also, remember to always follow the advice in the topmost comment, which almost surely says the literal opposite as the one from two weeks ago.
if people would understand, 90% of the dumps that are going to happen would not happen at all.
he obviously doesn’t matter. obviously.
that's right. he is the dogefather.
and for the love of god stop tweeting at him.
i think elon deserves a spanking tbh.
even peter schiff has been more beneficial to bitcoin than this master manipulator!
he is literally manipulating the crypto market with each twitt... and somehow is working.
how can you ignore him? since elon musk pronounce the word bitcoin price hiked from 30k to 65k
he is a billionare with fomo, and since he is late to the party he wants everyone else to wait for him to catch up, we either let him and end up playing his game, or we dont and he plays ours. i prefer the second option, he can catch up, just later. ps: fuck elon musketeer
i ignore people who tell me to ignore people.
we live in a dystopia future. there is a pandemic and a nuclear power country destroys news buildings. cyberpunk up and expect some fiat convulsion volatility.
amen to that, why do we as a society let people of money and position have this power over us . fuck elon !!!
is this the new floor?
if btc crashes, which it seems it is crashing and do not know where it will rest. everyone is little concerned about climate change. we all are putting efforts in clean energy. let's be little sensitive towards environment and animals around us. this 300% or 5000 % spike will not take you anywhere. our younger generation has already missed a lot due to covid situation. let's save environment. consume resources efficiently.
i thought reminding the world of his involvement in the paypal mafia was the best stfu i've heard in a looooong time. ' thank god for pomp, right? ' yikes
the tusk fucked us
he is insufferable. he *loves* the endless attention and how so many hang on his every word. to make things worse, is that i have zero doubt that he is making bank every time it moves. this is how rich people make money. stocks, currencies or anything else do not have to go *up* for them to make money. they can make as much money if something goes down. that fact that one ultra rich crackpot can make an entire currency fluctuate so much with a few poorly chosen words should be rather thisturbing for most people.
remember he is a con man
yes he is not a good for bitcoin, elon has influence over the topic. but regards if we have diamond hands i think we can keep the community growing and make it sustainable inuff without these guys.
someone is scared 🤣🤣🤣
i'm a big fan of his companies but between his anti-vaxxer(first with tesla and now he seems to get glee out of pumping shitcoins and at times either pumping or trashing bitcoin) i do not have much respect for him outside the very narrow confines of his businesses. he should just focus on his companies and stop tweeting and stop talking nonsense about crytpo. tesla can hold bitcoin or not hold bitcoin, it does not really matter, it is just one company, but he needs to stop with the market manipulation crap. at this point bitcoin price would likely be higher if he tesla had not bought bitcoin in the first place because the market panic dumps like crazy at even the slightest thing said by musk (like that they do not accept bitcoin anymore which has zero actual effect on bitcoin).
it sucks how much people follow what he says. yes, it is cool when someone famous pushes crypto, but it should not depend on one guy, that is no different than centralization.
# fuck elongated muskrat. # like all billionaires, he stands on a pile of poor people
first bitcoin jesus and now bitcoin god? lol. no one should put such extreme importance into humans, they will always let you down.
he's the modern day ethison and a fucking ass clown. that's it.
elon is crypto for buy the dip.
op needs to be the first one to do that 💁
lord, how i wanted to hear these words from someone else! i am sick of elon and his statements!
we should call him the one who shall not be named
the irony. i do agree with the sentiment.
thought bitcoin was supposed to be decentralized
"it doesnt matter what elon says" *btc drops 10k euros in 7 days*
at some point if btc can’t handle a few tweets, maybe it’s not the world’s store of value or digital gold or currency, whatever your preference. i frankly think that it will rebound sooner or later. this does seem like a new obstacle bitcoin needs to overcome. you think there will not be other people talking shit about btc in the future? this is another test by fire, that btc needs to pass.
you would be better served to also ignore peter mccormack or any other bitcoin maximalists. they are a cancer and driving people away. adoption is the only metric that matters. we can’t afford to drive people away and that is what they are doing. you can talk “hard money” all you want, but the price goes up as adoption goes up.
elon musk is violent greed incarnate, a subhuman piece of trash, and a narcissistic grifter.
op is a moron.
exactly he is trying to replace bitcoin with joke coin
he's not a comedian either.
elon is like the actual person you would want if you were making a civilization leader to lead the world out of the darkness and into space conquest.
true. he tweets in sleep😴, no meanings at all and people go crazy
yes, don’t talk about elon unless he’s pumping bitcoin.
when everything you do requires government subsidies, you will say what ever the central bankers want. musk is a cuck of the highest order
elon haters are almost as bad as elon fan boys.
1. funny how a guy who makes all his money off gov subsidies and even sells the credits to gas producing car companies has never to talk about environmental issues with btc. 2. funny how the smartest minds in world at tesla would buy 1.5 billion in btc then turn around and realize the environmental effects after buying hmm 🤔 3. funny how even a 1.5 billion transaction would affect a 1 trillion market that btc is 4. funny also how insignificant tesla buyers using bitcoin would be. how many people buying tesla would even use bitcoin a small amount is the answer! nothing smells right about this elon i would not be surprised if he and his buddies are buying the dip
bitcoin has been successful without him. its not us bitcoiners tho...its all these newbies, and wallstreet converts to crypto i think. its also frustrating.
. each tesla being produced has a significant environmental impact. starting with the one related to the exploitation of the lithium mines. besides, those cars mostly serve as a clear-conscience tool for the snob-rich ones who truly believe the unsusteinable bs of everyone driving an electric car will make the world better.
it very obviously does matter what he says. that’s why bitcoin is shitting the bed right now and dragging everything else down with it
well that is a contradictory post. just shut up then.
he’s a greedy billionaire doing pump and dumps like the rest of them purely out of self interest. what did you all expect really?
let him knock the price down a bit more so my dip buying is more effective. call this the ‘musk sale’
elon has been more positive than negative to the bitcoin cause.
tell that to everyone else. the entire market has taken a digger ever since he opened his mouth. it’s bullshit. i am sick of losing thousands of dollars every time he opens his mouth.
‘til musk is dust!
elon is not reacting to groundbreaking information about cryptocurrencies. he's reacting to changes in the renewable energy credit (rec) market. and there have been two big pieces of news on that front. at the end is purely speculation, my point of view is, elon do not need bitcoin, but bitcoin not depend of elon to succeed or vice versa, we need to play the game and enjoy the ride.
like anyone fascinated with becoming wealthy would not listen to the guy who's likely the most wealthy individual on earth depending on the stock market prices of amzn and tsla on any given day. just take it with context, musk is likely just acting in his own best interest so he is going to say things that will benefit him.
i wonder how this elon guy can be whining about bitcoin electricity consumption and manufacture electrical cars at same time?
like him or hate him, he is still the technoking
let's go back to the unpumped 30k usd bitcoin and pretend this never happened, let us start all over again.
this is just another test of btc
i second that !!!!
you seriously have a point there😏
"please stop talking about elon" in yet another post talking about elon. next up, people complaining about posts complaining about elon.
talk less about the guy whose dumbass antics cost his company billions in stocks, and talk more about the companies who are adopting and supporting bitcoin and crypto as a long-term change for the betterment of society and business.
i understand, elon is doing the worst fud ever, to something he no contribution to. he is basically just playing emotional games with his followers and the entire crypto noobies at the moment, harming the real pros. but can the tone of this post can be changed? it is as if you are dictating that people just should not talk about elon.
sheeple gonna sheep. if following elon musk is your investment strategy... good luck with that.
hope he rides one of his rockets to the moon and stays there.
i hope we will get back good ! this tanking looks like forever, but hopefully not!
he’s just a market manipulator. hodl
elon is a business men, and as a business men we should take the things he says pretty easy. next time he tweets something please do not buy
u start an entire thread about elon, naming elon numerous times
i agree. the two best results are that maybe so many people would not take him so serious anymore when he talks about crypto and at least we can buy the dip.
but i want to learn from him!! :'( only him!!!!! :'''''((((
wait are you saying papa musk is not god. how can this be?
how the fuck is elon going to talk about sustainability and he shooting rockets into space 🥴 he got that new hairline and started acting different
why all the hate against elon?
yeah. lets just focus on our god - michael saylor
i mean yea but he has the power to take the price down 10000 $
i totally agree, its sucks that he has such a big following
elon is a whale parasite
found elon musk's account!
the biggest issue, at least for me, is not that elon is swinging markets, it is that there are a lot of cry babies on both sides on twitter. it's making the bitcoin community look bad, and i am concerned it is ignoring genuine problems. can someone make me feel better and point me to development talk? i miss the days of thiscussing lightning and the 2017 hard fork!
i think unfollow his twitter. live peacefully. 😃
big money uses his tweets to sell and buy into the market, and dumb monies expense. there is no conspiracy.
bitcoin > elon > jesus
everyone hates successful people….😎 keep it up musk!!!
if you dont think hes tweet didnt effect the price then that is just being naive. this person has over a billion in bitcoin and hes the richest person in the world. he made this dump much worse then it would have been. hard to believe he would make this big commitment to bitcoin and not do the research. he is dead to me! doesnt exists as far as im concerned. elon can go 🖕 himself!!
i know he is got aspergers, but i did not think that affected your thumbs...
stop telling people what to do, you do not know better than the rest of us
please stop talking about how bitcoin is vulnerable to billionaires who can drive its price up or down with a single tweet? no, this is relevant.
hell yeahh bro ppl are so stupid lol bunch of followers and not enough leaders 😂 ppl be asking the same question and they get answered than ask the same question again in a different post like come on ppl do you research don’t just listen to what ppl say😂😂
he does not matter to informed redditors. but he does matter to the millions of uninformed potential investors. we are but a small minority, they are legion and they listen to him because... well why wouldn't they? to the masses he must know what he is talking about. i dont think people are not giving enough credit to the power he has over the global zeitgeist.
he is nobody as we all.
this is what i'm thinking as an outsider reading all this hate. if all it takes is an elon to derail the whole thing for you, it was not as sound as i was hearing. just my 2 cents.
no but the glue sniffers think he is
the people who are dropping bitcoin because musk said so...have not understood bitcoin. self education is such a lost art !!!
he might have been the trigger for the dip but after an ath, a dip was likely to happen anyways. i think people are attributing this all too much on him, i do not think he has as much power over this as some suggest.
it's funny that crypto prices are beholden to nonsense tweets. if you're remotely responsible, that looks like a bad idea to tie your assets into.
people who buy bitcoin generally are into tesla as well. hurting his own peeps
i hope people keep it up. i'm loving these bargain prices.
... yea but he is our chosen mouthpiece... autists unit!! screw the system which keeps us poor and unpopular! (plus it is all hype in crypto, why not listen to a hype master?)
bitcoin has not been successful at anything. it is a complete failure.
now i wanna talk about him. thx a lot
btc is on sale right now folks. holdr.
i’m buying more thanks to elon:)
tesla is 2nd largest stakeholder. elon matters.
just a dork with a lot of $...cyber truck...
it's a trick stay vigilant,we're making a difference for a change.dyor,btd,dca, don't believe the f.u.d!!!
no he is not. however he is extremely smart and has a lot of influence. also he makes a viable point about bitcoin. its sole purpose is to keep rich even richer, and also is horrible for earth much like most anything. its a millionaires crypto. those of us who are not millionaires rely on smaller price points to make money and have a little fun as well. if bitcoin is so successful without him then you should skip past and not be so worried about people talking about elon.
you’re talking about elon
it does matter though. if the most eccentric super rich entrepreneur - known for taking insane risks, backs out of the space, that will be a big red flag for most and more conservative investors. sucks, but it is the truth. we need some new fundamentals or big headlines to reverse this, full panic is setting in now by the looks of it.
and here you are sparking conversations about him.
100%... nobody cared about him before he came into btc, he is irrelevant to our mission here, i do appreciate his input as it now gives me more coins to buy into...elon is all about himself, he wants attention and will soon coin his own product o think...
thats what you get for having a coin that is value is just what celebrity says.
he's a market moved, that is for sure. but yes... we will get by, if not today, tomorrow or next month... whenever it passes by.
can we talk about elton instead, as in elton john? writer and singer of rocket man. fuck elon.
people are here to talk about btc. this is what's happening with btc right now. don't worry so much about whatever is in the news this week. next week it will just be something else. unless something fundamental changes, it is not worth stressing yourself out.
you can say that all you want but dude tweets, price drops. that’s something to talk about.
that’s right, shut up and go home , elon
honey badger don’t care
i have been investing in stocks from past couple of years and in crypto from past couple of months and tbh, to what it has been called "**elon musk bitcoin dump**" has not surprised me. moreover, i am more than happy to welcome it. atleast, we are having direct cause of why the overall market is moving in a particular way. trust me on this, being an equity investor can tumble up your all fundamental and technical studies by those institutional investors who drive the market and calling it a centralized framework
shame them weak hands out!
in the long run, one person's opinion is not going to change the fundamentals of bitcoin or any other asset or asset class.
he’s not even a good person.
i for one, would love to hear jesus' thoughts on bitcoin
and yet another post is on here about him... christ
elon only cares about elon.
he is not satoshi
i mean, neither are you?
this sounds so desperate
for the moment i would say the guy that fck you all up 🆙
in order for bitcoin to keep growing it needs acceptances from the mainstream, from people like elon. we want our investments to grow (many of us) so what he says or people like him say is really important.
yes! only listen to influencers when it shoots the price up! not the other way around. serious folks, when mere speculation from reddit, the media, and so forth can greatly influence the price of bitcoin in a positive manner why would we be so surprised when it’s the other way around?
or you could all put down the digital megaphones and focus on improving the coin you love so much, you all upset like some said your girlfriend is ugly, do better be better you are all just driving people away from bitcoin, because of your attitudes. the best response to tesla’s decision would be better development and efficiency for bitcoin. you don’t attack your trainer for pointing out problem areas
crypto god . he made me millions already.
exactly bitcoin blew up with out elon fuck him and his pos cars hes tanking the the whole fuckin thing. i cant stand him
never listen to what the rich say. only watch what they do
it wouldn't have made ath without elon tweets and subsequent institutional bandwagon buying so apparently it does matter what he says. bitcoin deserves to dump to sub .
also btc was like ,000 when tesla bought, its up ,000 right now. everyone freaking out is making it worse. these elon raging posts are cancer.
he is crypto jesus then?
rofl, this just made everyone talk about him more.
he wants to be a crypto god which is why he is now championing dodgecoin
yeah, he bought it for . showing losses would be bad for the stock and the company.
i love elon but he’s playing games and he’s going to get burned the way he’s acting.
why cannot we just erase him like the media did to trump!
where dose electric come from? burning coal mostly so your cars still use fossil fuels elon
use the dip to buy more.
elon did what he did to keep the tesla shareholders happy
...but he really fucked the crypto market up ...
only thing i knew about must was rockets and tesla. after reading up on the guy, he just sounds like a rich, narcissistic douche nugget.
he is just 2021 mcafee
and here we are talking about him : ( i hate that guy trying to control crypto space...he should literally be sending men to mars! 🥲😪 but no matter what we do, he has infected many people's minds already. we're talking about the guy who thinks he is dogefather and there are people who takes him for his every tweet ;(
lmao. you people are hilarious. first you were all hailing him a savior and genius, now he does not matter.
no but the environmental impacts dont really have anything to do with elon. hes just the famous voice that has echoed the concern. ny has shut down mining bc if it and that definitely has nothing to do with him. you cant simply ignore that
if he were the crypto god, would his weakness be cryptonite?
tsla bought at . it would make a lot of sense to me to revisit .
correct me if i'm wrong, but is not this just a great buying opportunity?
this is in poor taste. hate breeds hate
and you live under a rock why would i consider any of this? if bitcoin tanks 50% on elon news obviously your a fuck head who can’t begin to understand the bigger capitalist picture
elon the crypto party dog is wasted again.
live and die by the musk
sounds like something one of the pharisees would say... 😳😂
elon talked bad about my shitcoin waaaaah stop talking about elon 🥲🥲🥲🥲
op talks about what he wants people to not talk about. genius.
louder for the people in the back 🙌🏻
it’s an elon must!
i mean you like it or not, but his tweets single handedly fcked bitcoin.
false he is both, jesus the crypto god
gg bitcoin dead now
thank you! the amount of people riding his jock is insane. they’re the type to willingly become slaves for his mars colony.
...and he is not going to be the last billionaire vocal about bitcoin fo sho.
agreed. i mean if we ignore him he really wouldn't have this much influence. he wants to play god and he only gets it if we give it to him
yes ignore elon musk
keep making threads about him then 😂
i like old hodl people. very difficult to do that for people. do not be fooled by clever commercial internet computers. or leverage is for profs. or you want lost your btc on long turn, see past time and second time now. past it. next cicle is bigger than what is comming next months. long turn vision
i’m pretty sure elon made bitcoin tons of money before
who or what is these elon musk? a boy band or america street food 🤷‍♂️
i think btc is doing pretty well. there’s only so much btc the week can sell. let them release their btc to us 💪
just watch, bert will buy back on the dip!
they have to listen. this is the same guy that can come in and absolutely fuck your investment to death with a single tweet.
i only listen to elon when he says things positive about btc
this should be the first rule of bitcoin.
who the fuck cares what elon says about bitcoin. lemmings!
can we also change ‘elon’ to ‘musk’. stop talking about musk.
but he is right about the power consumption! i'll just let that sink in for a bit... btc uses more power annually than some countries...
hes the mother fucking dogefather
elon musk is an apartheid billionaire who has child slaves. why anyone idolizes him is beyond me
elon isn’t the boss of bitcoin
a lot of y’all are a lot smarter then elon and just don’t know. he just had a good opportunity!!!
he might be the crypto satan
tesla's total holdings are like 0.2% of the total amount of bitcoin available. he's a very small fish. i do not get the market reaction here.
yes but his tweets obviously sway your money-bags more than freeballing in a skirt on a summers day...
in fact, elon is a loser, maybe even 'god of the losers,' who knows?
bitcoin stands on its own merits. one person should not be able to influence it because that is the purpose of decentralized finance, no one person or entity controls it ; its the people's money.
plz just ban anything elon related for a while
let me tell you why you're wrong
just typical american shit man... always worshipping the words of celebrity's.
crypto god: no crypto king: yes techno king: yes
he's getting paid to advertise by word of bitcoin.
sorry but this is straight cope. he has an undeniably huge influence on crypto, whether he should or not.
i actually think it is pretty strange that he flip-flops between pumping and shitting on bitcoin. i have to assume he knows he can manipulate the price this way and is gaming the market, him or his company. the energy used by pow is hardly a new revelation, yet it seems to have swayed elon's opinion only very recently. he seems intelligent enough, so i'm sure he did his research long ago. again suggesting he may be gaming the market.
it obviously matters, or else the market wouldn’t be tanking. regardless if what he’s saying is bs, it’s having a negative effect.
you guys missed out on 12k% gains to huh? i'd be mad to.
time to hodl and buy the dip. 💎 🙌i rest my case. commander lock : dammit, morpheus. not everyone believes what you believe. morpheus : my beliefs do not require them to.
let’s put in a call to his mommy, so she can tell him to play nice, he doesn’t need to be the evil underlord in this game just because he can.
part of me wants to see tesla stock crash, but i feel like that is in bad taste after this year's developments in the recklessly released self-driving teslas
the nay sayers tried and bitcoin survived! now off to the races.
i love when you see bitcoin perform a miraculous turn around and everyone is breathing a sigh of relief saying "thank god bitcoin is so resilient i can buy shitcoins again." why in the fucking fuck do 1000's of coins all go up for no reason other than bitcoin not failing- stop buying garbage!
his fans followed him into crypto world. let them panic sell and we by dip!!!!
his company holds like 1.5-1.9 billion worth and tesla is not doing too hot. sounds like a person i'd want to hear about if i had a large amount of btc.
if your financial situation gets affected by elon musk’s tweet then maybe he is not the problem
lol people seem to forget the daily volume that bitcoin trades every single day. 1.5 billion is barely a drop in the pond. all i see is a sale. satoshi nakamoto, is the faceless god king of crypto.
he's not the messiah!!
head over and join
hard to ignore the 5000% increase in crypto carbon footprint he has single handedly created since getting involved.
i wouldn't be surprised if musk turned out to be satoshi nakamoto.
i thought he was your hero and a saviour?
agreed fuck that retard
bro, i do not even care what satoshi thinks. fuck 'em all.
what's crazy is i actually wanted to buy a tesla, and not because they added bitcoin to their balance sheet. but because i thought they were cool. for years i obsessed over being able to own one. this whole thing has opened my eyes to how cheesy and gimmicky tesla cars are. and when the cheap piece of shit breaks you are fucked. plenty of nicer cars out there.
his position is approx. 0.577 - 1.3% of the market cap depending on where you took measurement from this whole episode. honestly the panic selling is worse then if he decided to bail, he wouldn't have hurt the price as much as everyone trying to sell on the news and buy back on the fear.
enekin musk... stolen comment from another thread talking about musk betrayal feeling like anakin and obi wan lol
its actually making people lose confidence in him. i bet tesla stock drops and crypto rebounds just fine.
he’s definitely not jesus cause he for sure exists.
bitcoin only needs the people as-in the people referred to in our founding documents. it is not money for billionaires or any specific group. it is, inherently, the peoples money
💯 everyone should really stop simping to billionaires. he is likely not on our side.
“stop talking about a thissenting opinion” is very dangerous advice. his concerns should be openly thiscussed and addressed, not ignored. while you thisagree with him, he might have some good insight that can be used to improve decentralized currency as a whole.
elon is the dumbest genius i’ve ever seen
what’s an elon? is that slang for a fucked up meme?
‘pls stop talking about elon’ ….creates post referring about elon with 850 comments and counting - all talking about elon.
screw that, let him drive it down some more. i need to reup
i sold 20 shares yesterday, sell yours
remember when everyone thought tesla buying bitcoin was the best thing ever and elon speaking positively about bitcoin was awesome cause he was an authority. and now he is not cause price go down. lol
>he is not jesus nor the crypto god. so what you are saying is he is elon jesus the crypto god? - every paper hands trader
elon has stated a huge number of crazy, narcissistic and hypocritical statements over the last year. but it wasn’t until he badmouthed bitcoin did reddit finally turn on him
elon mu⚡⚡kkk. suid-afrika apartheid stelsel.
bitcoin falling and falling what to do ??
pow vs pos thiscussions are now haram. good to know. thanks guys.
i used to like the guy before he did the whole crypto thing now i can’t stand him
bitcoin only pumped because of him. look how the market is responding now that his support is gone. weak.
if people did not listen to him, he wouldn't have any power.
i lost all respect for the man with talents like his, shame on him
first of all, delete this post and never mention elon musk and bitcoin on the same line. you’re promoting him even though you want to do the opposite.
i heard if you say “elon” three times in a dark room he comes and empties out all of your decentralized wallets
my god, you've done it, you've ended speculation!
he trynna eat us all
what are you talking about... people on this sub are just interested in money. musk has money. obviously this sub is interested in what he is saying.
bro, do not tell em. panic buying here left and right
he wants to be a meme. i sure he doesn’t want to be taken seriously.
but it do matter what he says though... for bitcoin.
this too shall pass
that's right. if we want a strong currency. it cannot depend on 1 single person. that is a joke. we all will laugh about this in some years
shhhhhhh. he'll hear you.
cry me a river
the entire crypto market getting smashed by some musk tweets reveals just how mindless, immature and ill-informed many crypto traders are. after all, musk *remains* a faithful crypto believer... and...one guy. it's like i'm watching a stampede at an african football match.
if elon musky butt would shut the hell up we could get on with are lives. you have enough money you do not have to keep manipulating the market
you just pissed off half the internet
i think elon will make bitcoin even more successful. he actually has no beef with bitcoin, his beef is using fossil fuel generated electricity for mining bitcoin. i think miners will respond and go clean energy. it would be stupid not to.
clearly it does matter what he says, dumbass.
and speculation is not productive. give it a rest and produce real value
he is muskhammad the great prophet praise be to his name 👐👐
this place sucks the dicks of any billionaire or famous person who is pro-bitcoin, so why focus on elon? when saylor posts, no one says "please stop talking about saylor"...
he is bald already
lol musk is reddit’s meme god , and everyone viewed him that way. all of the sudden he’s got an influence and everyone’s losing their minds . yikes
he is the crypto god. you are in denial.
this statement implies there is a crypto god and jesus
lol y’all are sweatin heavy
whatever you say mini elon
elon papa. elon elon elon.
lol also him dropping the price of bitcoin by 6k 🤣🤣🤣
never follow false idols musk does not care for money or crypto. he's playing games with the sec by pumping and dumping publicly. the sec has always been his passion.
he is your god
why do you think he’s going to mars? it’s full of bitcoin, you can see it in the lander pics everywhere
bitcoin is getting attacked by the establishment. its a good move for him to get on the bandwagon, it will buy him some favors from the other oligarchs. there will be another season of this from the us before it has to switch gears to getting the house reelected. by that time the vax hype will be over and inflation will be eating the poor and middle class. they'll have to go on defense again. until then expect bad press every week.
your crypto-tears taste delicious.
exactly...this crypto is suppose to be the people's coin. he trolled us once...you fooled us. troll us again...shame on us for letting it happen. buy in the dip...buy buy...
he’s just a rich kid who bought tesla. friends with peter sociopath thiel
scam artist. call him what he is.
the dude is on the weird spectrum. no slam to others, just saying that he is weird as hell and should just be known as that weirdo.
he maybe not jesus but he is imperator of planet mars.
people obsessed with him like he’s not some soulless piece of shit billionaire that denies his own employees a living wage while pretending to be woke. f him
agree that said hope tesla kicks him out he fucked up china
elon shits on btc is like what buffet and many other morons did
elon and shitcoin to the moon 🐕
elon musk is the crypto god or saint! he’s the crypto “jesus”you must follow and obey if you want to be rich!!! long live, saint elon musk! awaiting your blessings on the next crypto! just say a word about shiba inu and i will be rich...i’m hodl 210,000,000 tokens.
the people vs bitcoin maxies is bitcoin's community toxic? i present to you exabit a! exibit a - this thread! i rest my case!
if crypto can’t survive a tweet we are all screwed.
no yelling on the bus
yup, jack dorsey should banned him for good.
bitcoin is a deflationary assest so understood, how can a currency really be expanded if 1 person can tank a crypto as such
then why are you talking about him?
he just bandwagoned it seems.
i have never in my life wanted to give someone gold on reddit so badly! thank you, op! tell these simps! i wish you would have included, "he is not a genius" in there as well.
if he were jesus i would especially ignore him.
he is not jesus, but he is the crypto god :/
he’s not the crypto god but he’s definitely a crypto god
just listen to charles hoskinson, instead.
maybe the real crypto god was the technoking we met along the way
i am the crypto god
we love elon :)
yes please don’t talk about musk melon...
funny how all the bitcoin shills acted like he was a god when he was on board, and now act like he’s the scum of the earth once he jumped ship.
unfortunately he has so much influence on his followers, its insane. i do not follow the dude personally, but i have wondered lately if i should just for the simple fact his tweets have such consequences. then i remember he is but one man and his time will pass. i am into crypto for the long haul. in time, he too will be forgotten, but bitcoin will keep going.
hear me out. what if elon is play chess, not checkers. what if he’s hearing in corporate circles how they would love to put btc on their balance sheets if only the right buying opportunity presented itself. so elon sows fud risking short term dip in tesla’s holdings knowing full well he just created a massive buying opportunity that when announced will skyrocket btc to 100k++?!
the dude has no idea what he is talking about. it's an opportunity not a detriment.
ever think that he only paused accepting bitcoin to stall the fact that tesla is not producing cars? i’ve seen people that are 6-8 months backordered. this would make sense imo
yet here you are...
what’s wrong with elon musk ?
you loved him when he was pumping bitcoin but now he is not longer your friend :d
you're preaching to the choir, it is the masses that need to understand this
elton sumk all community to short tsla let us bring it from the moon...aa
elon "bitcoin is almost as bs as fiat money" musk, dec 2020. he's not even crypto enthusiast or whatever, he is just an opportunist
he was whenever his tweets were pumping everything up! seems like a double standard
bitcoin beat the communist party of china trying to ban it...do you think an ignorant narcissistic child has a chance?
happens every 30%+ correction, you start ignoring it all eventually. no matter what causes it, every dip is always the "worst dip", or the "last dip" according to the paper hands. yet, here we are! to be honest, this is when i get the most excited, more time to dca at lower prices = more bitcoin. keep hodling friends!
elon musk is new john mcafee. dude is just trying to keep attention on himself to stay relevant and keep his companies in spotlight.
"if you are in bitcoin because of elon musk, please, sell at a loss and dont come back"
who can help me i got a computer with 110 bitcoins on it only i can’t remeber the password
musk has been a twat since always. so many people buy into some billionaire's self-created cult of personality. musk inherited wealth. then invested in other people's smart ideas. that's it. there's people on this subreddit who understand bitcoin better than he does.
right because that is michael saylor
it’s not elon that is something wrong with but fucking people that follows him like sheep
bitcoin is the horse and carriage. something cant be gold if you can make something else just like it in every way. something can be currency even if there are many just like it in every way. bitcoin cannot be currency. not practical with its long transaction times. bitcoin is the carriage. something we will look at as what began the journey into transportation. but it will get phased out.
enol a gay...anagram for crypto's air bomber
it was the pedoguy who got salty, not bitcoiners.
i officially hate the bitcoin community. love bitcoin. can’t wait until the “fidget spinner” crowd leaves and there is something interesting to read.
asking people to ignore what someone says, only encourages those that don’t know what he said to look for it. in fact, if it doesn’t matter what elon says, why protest? regarding being the holy trinity of crypto. i guess only time will tell.
🇨🇦 i do not buy elon's comment on coal because there are over 250 coal fed plants in the us alone. i do worry however, about chinese-russian mining ownership being over 50%
man, i see a lot of hate
who else thinks that muskrat had insider knowledge and knew china was going to ban crypto sales? which is why he dropped bitcoin payments, what, a week prior?
hear hear! and this makes me so sad. a single tweet of a person affects the whole cryptospace. i wonder why people is so hyped with elon musk. im so contented now that we have quiver protocol. this aims to provide well grounded infos to investors. information collectors will collect data from various crypto enthusiast and the information verifiers will verify the authenticity of the infos. this is a big help in the crypto space. i hope you guys check this
he was good when he talked in favor. now they say he is bad...immaturity of newcomers
well yeah he has so much attention recently
we need to boycot tesla, by ford electric now🤪🤪🤪🤪🤪
please do not suggest that any of the ultra rich can just be ignored especially not the more eccentric ones or the ones that think they can save us from ourselves. musk checks all those boxes.
i cannot but agree that now there is too much attention to his personality but its impossbile to talk about him now
yes, but he also happens to be right. bitcoin is a dumb, obsolete hodlcoin. time for smart currency. bftdlt.net
>it doesn’t matter what elon says. it was literally the reason why bitcoin dropped lol
will elon fan who is also bitcoin fan short telsa now ? the same telsa fan is losing money on btc bcos of elon
bitcoin was famous before elon... you should thank him for the attention any conny coin got from him at all!
yeah let’s ignore a massive market influence and just live our day to day lives as if he doesn’t have the ability to nose dive my entire portfolio
this starting to remind me of those emails at work where it says “stop hitting reply all” after they hit reply all 🤣
i mean, he is the techno king 👑
but he has the power to manipulate the market now. that we have to agree...
why does everything need to be a f***ing cult. relax... when you invest you gotta have the balls to lose everything you make or else don’t bother. that’s one. two, the reasons why he quit bitcoin are extremely valid. and these reasons all took place after tesla excepted bitcoin and adopted it. this is why he bailed on it, not because there was old information he did not know about, it’s because of new information that happened after the fact... facts are you need the most functional practical logical feasible crypto out there and it’s not bitcoin. i don’t think it was developed yet.
bitcoin was 4k till elon showed up...
why are you american so easy thistracted and hateful to each other all the time. white vs black, chinese, all the other race. white peoples the 1% and your rich leaders is your problem not other races that was a plan to make you stupid and unhinged so they can keep screwing all of you over again and again. i been around these kind of people and yes they are white and they sit and laugh about how stupid and gullible you people are. i’m just happy to see all of you together fighting a good fight. stay on course apes prove them wrong.
no. don't ignore him. he's right. work as a community to fix the problems.
elon musk is satoshi nakamoto so he knows more about bitcoin and its connected coins. he can do whatever he wants. in elon musk i trust.
he’s the dogefather, not the bitcoinfather.
does that go for cursing about him too?
h y p o c r i s y
are you referring to the dogefather?
🔥🔥 ultrasafe less than 3 days old almost to 100 million market cap!! but on trust wallet connection to unusual 🔥🔥 is on fire and only s days!! rug pull proof! lp locked for 79 years lol
he could buy you like a commodity if he wanted. just saying
crypto is so ponzi more who invest the bigger it gets
the rich asshole somehow cares more about the earth than you guys do
on the contrary, we should actually be grateful for having him. instead of a slow but steady increase he keeps creating dips where we can buy cheaper more frequently. and he will never bring it down heavily, he is not that powerful.
it will take some time, but this is good for bitcoin. plebs will get used to elon shitpost and bitcoin will go up again.
as long as his tweets get posted on crypto communities, as long as he can easily cause a dip in market. then there is clearly something wrong. don't try to ignore it
post like these are proof of that its not working. stop posting...do your work...hodl!!!!
amen. it peaked and dropped before he or anyone else for that matter even knew or cared about it.
the more shit musk talks, the cheaper i get to buy the dips.
if you notice it’s others that take his few words and spin to meet their agenda. he is a supporter of crypto and the elon haters will always hate.
who or what is that? never heard about them...must be trash the most important thing...stop to buy the trash cars
but it does matter what elon says recently about crypto. pump it or dump it, when he has spoken about crypto the prices move.
are you investing or playing the lottery? if you are investing you should probably listen to what he has to say. not because it’s elon... but simply because the long term sustainability of bitcoin in relation to fossil fuels is relevant.
about to get your account wiped out lmao. bitcoin bubble is popping. i'll buy all of that off you when btc hits 20k again.
we need a shake down of the fomos to 20k
itt: people angry at em because he did 100m in a couple months off btc, while they have been hodling for 5 years to barely reach 1m.
have some fun with cam models: [ bitcoin is accepted
elon speaks facts tho. bitcoin is certainly no decentralized.
he’s the dogefather, reigns supreme over jebus and god
lmfao yall loved it when he pumped ya, hate it when he dumped ya
shiba to the moon 🚀🚀🚀
"i solemnly swear that i am up 300%" mischief managed.
and never buy his shit. if he willfully chooses to fuck with btc and cause it to crash like today, which in turn can lead to many people, especially new investors, lose their money, he should not get a penny of yours.
so kind of like this post? how many of these posts are we going to keep making?
i was going to buy a tesla with my crypto earnings... now... mmm yeah fuck off musky man.
hes got poo under his finger nails cuz all the single ply paper hands... new name :single ply fingaz
good one! i like it!
electric guy, falling rocket man, or michael e. fox are possible replacements
honestly...he is doing the same stupid cringy things that bitcoin newbies all go through as they learn about bitcoin. he's at the hubris stage where he thinks he knows everything and in his genius thinks that bitcoin is dead because...he knows better and has read about "so many great altcoin ideas" for faster, cheaper coins. he will look back a few years from now and realize what an arrogant fucking newbie he was when he wrote what he did. i'll be happy to still be here and remind him.
well he is bringing awareness to crypto in general which will benefit everything in time. does he has a side agenda? who knows? probably would have been less thisaster if instead of attacking him, btc maxis instead encouraged him.
since he is now investing his precious time to fix some ancient bitcoin fork with the brilliant idea only an engineer of his callibre can come up, a block size increase, i will from now on call him: **doger ver**
he is dodge father
:reach out to he’s an expert in trading and investments. i've made profits with him. he is a genius
debunking elon musk elon musk: emerald mines, union busting, and twitter fitsvideo essay musk
“buy the dip. never sell” so i don’t lose anymore money 🤣
. buy the dip folks
count your money. keep it simple. r
why wouldn't you sell tho? isn't it supposed to be an investment or smth?
okay... stop talking about elon musk... starting... right... now!!... shhh...
his full name is elonbert musk.
the first rule in not talking about elon, is not to talk about elon. the second rule is, don't talk about elon. the third rule, everyone talks about elon.
true, instead of telling others to stop talking about him, we should be raising awareness regarding his actions
also these people were dancing in streets saying this is adoption when elon said tesla would take btc and mooned this thing from30k to 60l but now they say don’t listen
fr... how you gunna say "stop talking about the guy im talking about"
90 percent of elon posts are saying to stop talking about elon- what is happening here? do they not see the hypocrisy?
please stop talking about the thing he is talking about that i am now talking about.
op: nobody look! nobody look!
lmao for real... i’ve lost count of how many “stop talking about musk” posts i’ve seen.
and whenever he pumps it, keep talking about it.
plot twist: op's account is elon musk's alt and he is using reverse psychology.
let's stop talking about elon in count of 3. 3...2...
i'm down for a pinned post, we could call it "i'm a fucking idiot and have nothing better to do with my life except bitch about some billionaire who is saving the world because he said something i do not like on twitter" it has a nice ring to it.
shit! ... i just thought about him!
re: re: re: re: re: re: re: elon musk and crypto unsubscribe me please
"working on"? there's not much to it. 1. buy miners. 2. buy solar panels.
with all the fud lately i actually wouldn't be suprised if things are orchestrated to a certain degree so that billionares can buy cheap...
shut the fuck up donny! v.i. lenin. vladimir ilyich ulyanov!
i'm not talking about elon, are you talking about elon? we need to stop talking about elon. i'm gonna stop talking about elon right now. why are we still talking about elon?
right... everyone is looking for someone to blame. there's no hard facts that show this dip is 100% related to elon in any way.
or the 98% of people who live in the real world and do not care about bitcoin just go about there day and keep buying cars...
he's been terrible for his investors. he does not care about investors. its all a game to him. his past of saying his stock was too high. then dilutes the stock to raise 10 billion. uses a portion of that 10 billion to buy bitcoin and then talks down bitcoin. all with investor money. you guys want to invest with this madman?
if he wants to go green he needs to reevaluate lithium batteries. every 3-4 years those "green" batteries end up in the trash and in 20-30 years when the housing degrades we're gonna be drinking that.
if this is true, it’s a more serious indictment of bitcoin than anything else. most, if not all, developed nations rely on some form of subsidy to keep food costs down. why do you think that tax credits are impossible or impractical with cryptocurrency?
there was no shortage of excitement here when he announced they were accepting it.
good idea and i won’t buy tesla cars due to elon’s musks irrational decisions about bitcoin.
"why the fuck should someone with <0.15% of circulating supply have so much influence on price of a decentralized asset." because he has a net-wroth of 149billion\*, it is stupid but that is [how the world works]( hate it or love it, elon's saying has a huge influence on where money flows, just a few months ago he made btc sky rocket towards 60k, and let us not forget how many billions are wasted on crap like "the hyper-loop". the same people that made btc skyrocket after [tesla accepted btc]( are the same people that is making it fall this much, in reality it should be somewhere around 40-42k since it was at 38k before the tesla news, so 45k would be a healthy level if the hype was not over hyped up because of the "elon" effect. so i do not get why people are soiling their diapers, just because it is correcting after being overly hyped up from a somewhat scummy tactic by a billionaire... the real villains are the media that blew it up out of proportion, and the small investors who bought btc at any cost hoping to see those mad gainz. ' \*many of those billions in his net-worth are from the tesla shares being overly hyped up, but nobody gives a shit about that.
absolutely ridiculous. i guess the future bag holders are angry.
how to turn off car man
just sold the tesla stock i had to put in btc.
it's a crypto wide sale this week. thank the man and keep plugging away. my only regret is i spent all my crypto money the week before his stupid tweet's lol. i was able to scrape together a little bit but now i'm hoping this lasts a few more days to gather some more pennies.
he did leave you in pieces
he is definitely capitalizing on this
yep. the people in here are what cause this. not elon and a tweet.
fuck no. it’s hilarious watching bitcoiners lose their absolute fucking minds over the dogefather
ya, we figured the guy had researched the foock out of it and gave it the green light… now he’s flip flopped because it can’t be his. honestly, its just proving he’s a narcissist, a power hungry narcissist
no, manage your own money
please stop talking about people talking about people talking about elon.
how many people used btc to actually buy tesla! none
but what if it dips more?...is what stops people.
do you smell burnt toast?
and what about second of all?
if you had only spelled "remember" correctly not remeber, i might have helped you get back your 110 bitcons, might have trown in another 110 for shts and giggles.
to what problems are you referring to? and what do you think the bitcoin community did for the last 12 years? elon's takes are so amateurish and bad, it is laughable. what if we made block time zero seconds??
god i hope this is satire
dude this is not how you shill a coin fam
i like this name...
😂 lold at this one for real
hahahaha. this had me spitting out my coffee.
i used to be a big fan of his and i respect what hes doing in automitve and the space industry but the way he is using his influence in crypto is just wrong. all this pushing of dodge coin is just nuts but alot of young people that look up to him are taking his word and buying the coin and will be left holding an empty bag. edit: spelling
i am waiting for the electric vw retro bus. take that elon! could you say my 2015 vw golf sportswagen tdi is the anti-tesla? if so take that elon!
it’s not crashing. and he didn’t cause this
literally i had it on my goal list for the year to purchase a tesla. scratched it off the list real fucking quick... and not because i bought a tesla lol.
he's declared himself uninvestible imo.
what happened? also is not this "market manipulation" if he for example purposefully tries to lower it and then buy the dip for example
i'll always be a huge fan of his, but anyone who would buy a car capable of remote control is a moron.
the fact you are this stressed about his comments is telling. btc is an investment instrument not a religion. it will not succeed or fail not based on momentary volatility caused by elon's comments. remember btc was . evs are good for the earth, do not be a dick because he is worried about pow energy draw.
i wonder what good things you said about him when tesla announced their bitcoin purchase, causing the price of bit coin to sky rocket!! 🤔
lmao!!!! these youngins dont know about enron!🙃🙃🙃
this is the first ive seen, honestly. i just logged in.
i was just making a tongue and cheek, possibly lame (but really funny to me) harry potter joke regarding voldemort 😅. sorry if it offended you 🙈
stick to the lambo
i’m glad you approve... "fame is a fickle friend, harry. celebrity is as celebrity does. remember that." — gilderoy lockhart
sel ath by dip
adoption. the goal isn’t to buy and exchange back to fiat, it’s to use when crypto becomes adopted and given a fair place in the market. right now it’s a speculative market because of lack of an integral adoption with the rest of the world of commerce. it’s slowly coming.
i wouldn't believe people on here who say they are buying the dip or whatever, they are invested and want to see it go back up, telling others to buy will increase the price as people buy.
elon elon elon… (to be fair, you didn’t say 1, now!) ;p
how exactly is he saving the world?
it's the perfect highku
that is what i am thinking. when did this sub forget one of the number one rules: buy the freaking dip
i am the eggman !
^(calmer than you are...)
you are talking about elon what?
um... you think only 2% of people care about bitcoin?
you need to look up what's actually happening instead of just making stuff up. just off the bat the batteries have an 8yr. if every single battery was being replaced under warranty tesla wouldn't have made it past the model s.
i think u. many people believe a tax credit means the government is giving money away when it actually means they are simply not taking that money away through taxation.
its akshoo-alee an indictment of everything else. food should be able to stand on it is own two feet already... instead perpetually relying on cross subsidization from other areas of the economy. i mean for fuck sakes everything should be built to be resilient and self-reliant as much as possible. that's what we should always moving towards...
how much money musk has should not really matter, what matters is how much of it he holds in bitcoin. with a 0.15% ownership of btc supply, price dumping 20%+ has nothing to do with musk, but has everything to do with blind mania and fear by consumers... even if he did sell his btc, without the blind panic it wouldn't have a large effect on prices. a sale of 0.15% of the available supply barely makes a dent on it is own. the fact that people care so much about his tweets just shows that we have a long way to go towards bitcoin being truly decentralised without having a central point of failing, in this case, musk. eliminating that central point of failing will be beneficial for the project
ctrl + alt + del
had a limit order and was so proud i waited it out. not anymore lol, but with or without this clown, sentiment was bearish around btc for maybe 10 weeks now. it will come around tomorrow, or next week, month or after next halving. the point is nothing changed for bitcoin, no one managed to hack it, "old money" wasnt sold from what i am seeing. just newcoiners shitting their pants and pulling out. well guess what, i am a newcoiner myself. first sats bought in february. didnt sell a single one as i did my dd and it truly is a "powerful machinery". or at least thats my conclusion, and i am willing to trust myself more than i trust peers giving away their opinion for free.
fuck yeh! long term viewing so it’s all good- buying in is the important part anyways, not too worried about the price :)
only hydrogen, ethanol, gasoline, hydrazine, rp1 rocket kerosene, methane, propylene. i can not wait
> to what problems are you referring to? the fact that one very influential person can shift the market capitalization of bitcoin by billions of dollars. that is a problem. nobody is worried about the underlying technology; it’s the use cases and acceptance that matters at this point.
i prefer the versions without andy, ratmusk.
that would make him a crypto fascist. [obligatory](
lmao it is just his opinion. if he has the power for his words to collapse bitcoin or anything. then they had no inherent value in the first place
i assumed he was one of "them" from the start. nobody gets to be a billionaire with that much power without being part of the system.
yeah same here i legit admire what he did in those industries but that does not mean i adore him or something, now we have that sort of celebrity cult, just use two neurons and separate the body of work (vision actually, legions of engineers did the job) from the asshole. same as i love lovevcraft books and hate his guts for his racism.
was a fan for years , cannot knock tesla's development in it is most prized sectors. but now musk makes me feel like an irritated thisappointed crypto investor with someone i can actually put the blame too other then myself...
he is pushing to actually make dodge coin useful in the long term. he wants a world currency. dodge coin isn’t going to be that. but neither is bitcoin
lol... "clean diesel." best scam any carmaker ever pulled on green-conscious consumers.
i'm waiting for the fisker ocean!!
didnt crash as hard as his cars did...ooof too early?
perhaps but crypto isn’t regulated so it’s not illegal like his actions that did the same to tesla stock... ie “i’m taking it private and have the financial backing lined up”
it's not market manipulation. everyone posts about crypto on twitter. it's a choice: do your own research and know what you hold or be lazy and reckless and follow celebrities on social media. just be ready to accept the results of you decision.
what an angry insecure little twat you sound like - greedy and jealous as well. good luck in life :)
womp womp. wow cry more
i actually asked why now? what did he know about btc that i did not? then recently he showed us that he does not know much about it and what he does know is misguided at best.
why wouldn't you sell the btc to cover the down when you made the decision to put an offer in? the realtor or seller probably was not going to accept btc as payment. why risk the loss instead of solidifying it?
never sell, buy the dip
huh? we say buy the dip cuz we're buying the dip. what do you think, btc is just over? what about all the crypto infrastructure they are rolling out?
elon musk... oh shit wait. starting now!
iron y. is the only one who cares these days.
by taking massive amounts of government subsidies and tearing up the earth mining lithium apparently.
you are a kind of guy
yep. when it was going up everyone was complaining "oh i hope it drops soon, i want to buy more" or "why did not i buy cheaper". now that the dip is here people are complaining about the dip lol. i guess hodlers are busy buying.
fair estimate at this point in time
"care about" and "are actively investing in" are probably two very different things in this situation. i'm sure people have heard of it and maybe had their eyes on it because they hear about people getting 1000% gains in a years time, so they are interested for sure. but i only know one person who's actively invested in it, and that is mostly because they had .5 btc left over in a wallet from *years* ago due to a ransomware attack. and guess what? that person is my dad, who specifically told me to "stop mining that bitcoin thing on my network" (he had a home business with hosted servers) when it was about 8$. so even he was skeptical for the longest time. but i think they have bought up another .5btc since then. i'd be surprised if even 3-4% of the population actually have btc in their portfolio. but i'd bet ~10-15% are interested in it despite the fact they know nothing about it.
i think that’s more than reality. do you really think 2 out of every 100 people in the world care about bitcoin?
semantics much? how is not charging you for something but charging everyone else who does not do that thing any different than giving everyone a tax credit except people who do said thing. you're the kind of person who argues to spend more money on a post paid phone plan because they charge you after the month of usage rather than before, yet either way your due date is the same.
and surely it is not someone else who is taxed more in order to give the tax credit.
bitcoin has no inherent value. that's why words can easily crash it.
i build quantum computers at ucsb
people are not angry just at musk, they are angry that he exposed how flawed the entire crypto-verse is. a system designed to escape the control of established vested interest groups, ran directly into the control of established vested interest groups. its a contradiction at the core of crypto that needs resolving.
oh i do not think he is going to hurt bitcoin. i have been here for quite some time. all i am saying is i am getting more and more questions about dodge coin here lately and how they can invest without any understanding of the coin. it's all because of what elon is saying. i completely believe in free speech and feel anyone can say anything as long as they are not inciting violence. he can say whatever he likes. i just feel bad for the younger generation that holds onto his words like gold. these price swings mean nothing to me. i've road some big waves already.
agreed. it does not hurt i average 48mpg (hand calculated). the best i've ever gotten was 60mpg. if i get at least twice most cars, does not that mean it cannot be all bad? i love the car even as i am not "clean." i do hate they do not sell them here anymore. would been awesome to see the "improvements" or supposed improvements.
right haha, sales are breaking records but stock craashed, gotta love speculative investors lol
what about the damage he did to all the crypto investors?
try setting up a legal exchange in the us. then come back and tell us again that crypto isn’t regulated.
so why is mcaffee being charged???? musk did the exact same thing
> it's not market manipulation. it is because it is tied to the stock market too.
ayy y you being rude bro like chill 😂
thank you took me a while to channel the right amount of anger
fiat will implode eventually, then everything tied to it that is not physical material will thisintegrate like *dust in the wind*.
if you say musk 420 times in your tesla's rear-view mirror, >!people will think you are really fucking nuts.!<
you are a guy
ah yes but a company valued at 1000 p.
yea people do not know that bitcoin is owned by china. they own almost all the miners lmao
so what? if you're invested in crypto then you should know the risks and volatility of what you're investing in. elon tweeted and price went down, tough shit
last 6 years of my life. to what are you referring. it’s still the wild wild west.
so you know what elon bought and sold and when?
talk or no talk about who?
yeah we still early af haha
2% of people in the entire world is *incredibly* generous. more than 2% of people have *heard* about bitcoin at some point, but i wouldn’t be surprised if the number of people who cared about bitcoin was less than 1%. i mean, how many big box retailers can you name that accept btc directly? and i’m not talking about buying gift cards with btc or buying btc but then converting it to fiat before you actually make your purchase. furthermore, most businesses that do accept crypto immediately convert it to fiat upon receipt due to the fact that it’s so volatile. therefore, very few people actually care about btc and, if anything, generally think it’s a scam or hustle or don’t understand it. tl;dr 2% is generous and bitcoin is still in its infancy
what do you do to excel the human race?
i get it, you’re butthurt because i pointed out you’re a simp. imo, if you’re so into space colonization, your simping is better directed toward the horde of engineers he hired, not him. they’re actually going to do it. if you own tsla and sit in the quarterly calls your would be aware he always gives credit to the engineering team, but thats just to investors, not the public, where his title is “chief engineer” lmao…. im not hating on him and his goals, just his personality. i personally am excited about humans colonizing another planet. if musk can help do it, great, but you calling him “ironman” is simply you just being a what? a simp. also, i will enjoy working on things that dont work, thats how humanity makes progress ya dunce
bitcoin's fans are split into two groups: those who know it is a manipulated scam, and those who do not yet. you often find those from the first group spreading misinformation in an attempt to make the second group larger and more impassioned.
talk or no talk , there is no talk.
thanks for explaining all that! it was actually pretty insightful for me
too bad i am right. china owns 1
there's a third group. i do know. but i chose to invest early to see how much it will grow, i bought the dip in 2017 and i'm up 600 percent. i treat like lost money on the roulette lmao. but who knows, people are crazy enough to make it huge.
sure thing! glad it was helpful :)
ah i see aka gurgling elon cock.
... that is the first group.
it's particularly confusing for investors since btc has some value, but it is unfortunately easy to think it has near-infinite value. the reality of the situation is that almost none of the purchasers have a background in economics.
wait i'm not chinese nor manipulating anything...oh i get it, its cause i know.
love it, i want more of this quality shitposting!
this is funny, i like it. edit: guys, just so you know for every upvote that brought me to this post i've watched again the video and giggled. dunno why this amuses me so. it's been a great day. i hope salvador's adoption bring good things to people, and becomes a great point in bitcoin's history.
wow. not the meme we needed. but the meme we didn’t know we wanted. 10. ty.
what was the original context for this video?
wtf is her problem.
this needs to go to r
rothchild wants his cut!
this made my day! :d grate mate!
this makes me hopeful for the future.
this is satisfying on a multitude of levels
just my reaction to all the crypto fud. .
bro i need this on my ipod shuffle
🇸🇻amazing, go el salvador!🇸🇻
i cannot think of a more corrupt sounding entity than world bank
this is next level
dude… i love this.
as a salvadoran, i love these posts
lool but where is vibing cat ?!
bro, i'm salvadoran and i'm so proud of you all guys, when bitcoin reach 100k dollars, i'll be ready take you guys to eat top tier quality pupusas here.👌
this meme great!!! crypto entrepreneurs should consider setting up in el salvador & make it rich and stick it to the imf & world bank bullies. president bukele welcomes crypto entrepreneurs with residency permits! 😁
i wanna see the original video. this lady has issues!
hahaha amazing! this almost made my day
true, keep doing shit like this
world bank tears are delicious ngl
just bought more in the etf side of things.
really exposes the world bank
this is the theme song of this bullrun
upvote. this was great rendition of that meme.
ahh, i needed that!
cats for life. fuck the noise
what is the context of the original post?
that is a next level mashup
proper tickled me this one... 👏🏻
it’s hilarious. love it
what is this song ?
i want to believe. f the wb
we the people demand bitcoin as legal tender. no taxation without representation!
your post is being stolen here
im a simple man. i hear the song, i upvote
it’s funny till the tanks start arriving 😆
i need to learn that lyric! fucking love it
i hope they do not get some freedom from the nato and usa
fingers cross for all holders 🤞🏻🤞🏻🤞🏻
this is the way !
this is when you pop the door open into this chicks mouth instead of jamming on your drum...great meme.
lol 😆 i love the internet! (reddit 💚)
although i am an american, this post makes me feel so happy to have been born in el salvador!!
i love it 😂😂
i can now purchase millions of under the table bananas...
me like funny man
that had to be the funniest damn thing i've seen today.
this is fucking great
so what your saying is the wb is just a really shitty girlfriend that is really insecure, angry, jealous and possessive and bitcoin is that girl that loves you for you, is not insecure and just wants the best for you?
i freaking love this lolll
this is one of the best memes of the week 🤣 love it
also in the car - peter mccormak, michael saylor and max keiser.
is this where the actual meme came from
even better that he’s actually blind irl.
thank you for sharing the original video of this audio clip! i only saw this before with cats in it!
i grew up in ecuador, this is hilarious
el malo siempre es el negro
can i get the name of this song.
el salva gona become a first world country
this is the best thing i've seen today
lebanon needs to look into bitcoin
i'm from el salvador. salute buddies!
any chance anyone knows how to find this song lmao
she just wanted her dollar for washing his windshield.
i'm hoping that salvador's acceptance benefits individuals and marks a watershed moment in bitcoin's history. why am i hearing about this for the first time?! this is incredible! that'll be added to my music collection without a doubt. thank you for providing this information.
let's send this puppy to the moon of reddit ie r
[just going to leave this link to a policy study on the world bank indenturing developing countries with debt](
fuck the world bank fuck the imf fuck elon
just when i think this guy could get any better this comes out!
can i get some context?🤔
can't stop watching this shit 😅😅😅
songs a banger every time i hear it
looks like this sub is clueless about what the world bank & imf is actually for. its for poor countries to borrow money when no one else will lend to them. sure you can argue its bad for poor countries to borrow money but that is a different conversation. accepting btc as payment current wont stop poor countries running out of money.
why are you doing this?
doesn't feel right without the cat somewhere in the mix.
we import 90% of our goods, and the stupid president thinks we need bitcoin... smh.
based and wholesome pilled. i'm salvadorian and i love this
i love how fascist oppressive governments suddenly become cool whenever they make redditors money
and el salvador is just as stupid for doing it.
is this the original video where that song came from?
it was very informative and well made video!
doesn't feel complete without grooving cat.
so you're like the salvador dali of balls.
😂🤣😂🤣🥳 i needed this! thanks! i laughed so hard! 😂🤣😂🤣
stay calm and enjoy
i was missing this music
this is so great, that’s the jam!
😂😂 excellent use of your time. i'm here for this.
where can i download this song?
can you post this without the words?
learning this song when the wife gets mad. send her to💯
the end of the colorful paper backed by political honesty is coming.
el jailiensce on gallatin. their molitas are exceptional.
such great composure this man has!
lol blm banging on the window?
why did she waste her cofffe?? why does he have a bongo in his car? how does he know all the lyrics is the world bank black?
just grab the hoops and riiiiiip!!!!!
anyone have the video without text?
low key banger though.
fuck it let us all fly to el salvador. take them some tourist satoshis! who's in? see y'al in el zonte
tendies got a new meaning: legal tender !!!
are you a tattoo artist?
el salvador love it
lovely will wait 4 weeks
dooby dooby dooby yellow. that's the best i can do. this guy has skills.
lol, her big fake dick sure is strong! kudos that he can ignore her and enjoy himself.
what is happening with el salvador and wb?
there was talk of maybe cutting out the imf by doing some multi billion dollar bitcoin loans to several countries. does anyone know what is the status of this initiative?
what i miss today folks?
loool thank you for this!
god damn this is really funny
omg this is amazing i’ve always wondered about the original content of the person singing this this is phenomenal 😂😂😂
[ the best dumps website 2021 to buy dumps with pin online
they also do the same to us but our singing and beat is much stronger. this is the way.
finally, you must pay close attention to it.
wolrd bank imf and elon in a circle jerk.
[academic article: world bank and imf turn developing countries into loan addicts ](
now that is a beat right there! what's he singing ? is he available for weddings and functions?
best thing i’ve seen all week. take my free award you degenerate you ❤️
something is just so satisfying about this video :)
watched this. then watched the separate videos. then watched this again. top quality. no idea about salvador but hope they vibing too.
hahaha so fitting to the reality 😆
can't stop watching this on loop
roll with us or get rolled over
this is how you know you're doing the right thing
it s really cool
you get a award funniest thing i’ve seen all week😂
grade a shitpost. would be more sh*ty to have a cat on out there.
how do i find this original video?? honestly one of the best things i’ve ever seen
surely this is not the original?
what is the name of the song?
tbh i wish the cat was somewhere in frame
just saw this before i left for my run. the tempo was stuck in my head for 4 miles and it was perfect.
this song should be the theme song of this bullrun. bitcoin is unstoppable now
i keep watching this over and over and it keeps getting funnier and funnier. who ever made this is a meme-smith.
i need a elon and tesla version for this where elon is playing the drum and tesla is losing its shit
we demand bitcoin as legal tender. no taxation without representation. get bitcoin and be your own bank
can you give the template? it’s so beautiful
you go on and bang your drums el salvador. the crypto world supports you!!! 😂
what’s the name of that song
that's absurd that the world bank would be a black woman. try again . lol
yeah, el salvador, a real shithole of a country, give em all the bitcoin, they could never cash it out, would be worthless in a week
does anyone else have the feeling of dejavue? ... have we cracked the wall street code like neo in matrix. if you take a look at gme and amc, to be honest, i do not even know why we retard apes did not trust our strengths much earlier. - not listening and acting against all logic-. maybe because the supposed intellectual wanted to make us aware that this was a weakness. but why should so many much smarter people waste so much energy trying to convince idiots how stupid it is to bet on assets like bitcoin ... maybe because a pot of gold is waiting at the end ... but one thing i know. i enjoy it as much as wall street and everyone who see themselves clearly in their right mind is so upset when only one thought comes to mind. "so i should buy more ??? !!" alright xddd i just say hodln to infinity and much further 🤤
definitely not a tesla, the window would have broken with one tap.
this is some grade a shitposting. certified.
this makes me shimmy my shoulders
then you've come to the right place!
no this is magic and i just passed sprinkles 😏
i cannot get enough of this either!
most videos with this guy get me. i usually watch them several times also. the one with the last 2 presidents was great. i'll never forget that one.
keep up the positive vibes my man. i’m glad you’re having a great day 👊🏼
and argentina while you're at it
i dunno. i needed that today. lol
two vids stiched together into a masterpiece
brought a lot of good things together. memes context: there is the blind drummer + cat nod -> [cat nod blind drummer meme]( which then became several bitcoin memes. then he combined that with some other video've never seen before (woman pounding on car door). real world context: el salvador legalized bitcoin as legal tender and the imf (or world bank) said they had reason to be concerned.
she gave her life savings to mark cuban to invest.
if youtube comments are anything to go off of then the guy in the [original video]( cheated on her.
ok, r, why does the world bank give a shit about el salvador? because it would not loan el salvador money after it decided to make their entire economy based on a deflationary volitile asset? shouldn't the greatness that is bitcoin make it so they do not need the world bank?
let's send it there!!!
a street performers jammmmmmm
this picture tells the story:
you made my day
viva el salvador. 🇸🇻🇸🇻🇸🇻🇸🇻🇸🇻
corrupt is too nice a word. makes it sound like their design is not evil from the ground up.
getting rich will not be possible without the support of the major leading countries. if they wanted the us and other major countries could shut down access by killing servers and the power supply needed to run them. the value would tank and your money would be worth just as much as trillion dollar zimbabwe dollars
almost? what more do you want? a happy ending???
would you like fries with that?
i read that as world skank
to wb: sir this is a wendy's please do not expose your genitals.
maybe. what’s the situation in el salvador this week, anyway? is bitcoin making a difference?
was gonna say, this video would be even more legendary with the cat dancing around in the car too...
sir this is a wendy's!
i got matches with these songs: • [**ievan polkka (feat. bilal göregen) (club remix)** by the kiffness]( (00:12; matched: `100%`) album: `ievan polkka (feat. bilal göregen)`. released on `2020-12-18` by `kiff records`. • [**ievan polkka street drummer (cat vibing) [live]** by drippysdrip]( (00:12; matched: `100%`) released on `2020-11-11`. • [**cat vibing to ievan polkka** by samstring]( (00:28; matched: `100%`) released on `2020-11-15` by `2527843 records dk`. *i am a bot and this action was performed automatically*[github]( [^(new issue)]([donate]( ^(please consider supporting me on patreon. music recognition costs a lot)
you're doing life right
here´s the easiest part of it. have fun :) ratsatsaa ja ripidabi dilla beritstan dillan dellan doo. a baribbattaa baribbariiba ribiribi thistan dellan doo. ja barillas dillan deia dooa daba daba daba daba daba duvja vuu. baristal dillas dillan duu ba daga daiga daida duu duu deiga dou.
let's all go there. i will be a human shield for them.
you have not looked in the mirror today?
you have some misinformation about first world country and third world countries, it is not based on wealth but the second world war
just search levan polkka (the name of this song)
song: found this further down
well get to work, start making your own shit. my country is full of natural resources but we cannot even stamp our own spoons. it must come from china because someone said so? depending on the outside world too much is never good.
el salvador is 70% un-banked. bitcoin gives people permission to be their own bank in their own pocket . el salvador's willingness to accept bitcoin is not taking anything away from the world bank. the usd is still it is national currency. by the world banks own charter they have to accept el salvadors transition to bitcoin. this is either just a dick move by the world bank for the sake of dickness or they are scared of peasants with money in their pockets
you didn’t know the world bank is wakanda?
el salvador officially uses bitcoin as currency now. world bank mad.
incredible how people such as you want to make everything a race. downvoted.
not as absurd as your absurd, " comment"... or your life
this is not gme. pshhh ape
r]( pun-ish him we got em boys
i don’t want garbage! i want sprinkles.
i quit ket for this
i didn’t see that one… can you share the link? i end up laughing at pretty much any video with this guy 😅
i found the original video [
yes i didnt realize it was 2 diff videos, i could not understand why that man playing the bongos made that woman so mad...makes sense now haha
well they better be careful. after all, look what happen to gaddafi when he defied the banksters.
the world bank has to support their transition to bitcoin according their own charter.
you're wrong and spreading misinformation
no it does not work that way. a sovereign country can adopt any currency it likes, print it or as a digital coin. a currency fails when there is issuance exceeding productivity. crypto is like the internet, its not centralised, crypto servers come on and off all the time, there is no central body to bully or threaten. knocking off a few servers might cripple it for a bit, but others will spring up, you might as well plan on shutting down the internet. a massive solar flare would probably knock it out globally, but it would also knock out all the grids, banks, satellites and have us back in the dark ages. you can run crypto mining even on your tablet, esp if it has a fast m1 chip, but for commercial use dedicated machines are better. you do not need a data-centre. it would not matter if the g7 countries decided to cut power to their own servers, which they won’t as each has its own vested interest, and having seen what happens when politicians are allowed to influence monetary policy, both now & in the nixon era, there are already countries interested in adopting bitcoin, as they can be sure their savings purchasing power will not be diluted by one central bank’s policy to print more money and dilute their citizens hard earned savings, whether its usd, eur or even rnb. the imf already has had a concept of this the sdr, but its nowhere near as good as a crypto. so if the latin countries start off, others will follow. so instead of the previous gold standard, it will be the crypto standard. at present there is a lot of fud from people who do not understand it, just as there was when the internet first started becoming popular, and all the old crumblies derided it, claiming they’d never do their banking or shopping on it because they didn’t trust it, it was full of criminals porn etc… true, it had those elements, but you can find those in every big city anyway, and there were enough young people who saw the benefits and took full advantage, leaving the old fuddys behind…
nope. can't shut it down without a globalized assault on the internet. don't need the g7 countries since the means of production are found in the exploited poor countries. the g7s have used currency manipulation to price fix, their power to do that has peaked.
just keeping ops ego in-check. stay humble bruh. 😅
i read that as "you're doing wife right"
no, but i saw your mother on the corner downtown.
didn’t know the name that’s why i need the help! thanks!
and pretty sure this is the original [
see, you cannot do that because if you do not support bukele, you're against him. bukele has an "eat the rich" mentality even though he is a millionaire.
we are all retards in arms here.
upvoted cuz i saw gme!!!
that's great, thank you... but any chance you found the original "byeeaapi" song video?
thanks. doin the lord's work i feel like i still need a backstory...
i think she’s mad at the guy…
that was more to do with fucking with the petrol-dollar.
... then one plutocrat boi makes a tweet and eliminates hundreds of billions off of the crypto market cap.
if the us government wanted to ban a certain crypto it could especially with the help of foreign countries. you kill the convenience factor and people stop using it. the balloon has not even taken off the ground yet but a government ban is the kiss of death since you could never stop using the governments currency. you would only ever get paid in cash, be able to use cash at stores and could only use uscash online. merchants would go along with it and they do currently.
lol, more useful than a national currency?
we are all the same in the end. bring your profits here after ;)
search for cat vibing drum meme
this led me down to this club version. it’s like angels with trumpets to my ears.
[the other other half](
the cat makes it. we need him stitched into the back seat.
>or what? they abandon all dept in south america. you mentioned volatile assets, have you seen the argentine peso. bitcoin is the only answer for south america
which is why we need diamond hands & not paper hands… and wider ownership. more btc 💎apes 🦍
the us government is constitutionally barred from banning crypto. people use it as money, money=speech
you must be new here. if [they] could shut it down, it would have been shut down long before you'd gotten here. maybe you could read the zillion posts from pre 2015 about this very old fear.
love this... made my day... 🤣
why is this the first time i’m hearing this?! it’s amazing! i’m definitely adding that to my music library. thanks for sharing.
[the other other other half](
you my other half!!
okay, what are they abandoning them if bitcoin is good for them? isn't that leaving money on the table? or do they consider it too high of risk? and should not el salvador, if it needed world bank money, ensured that they could still secure loans while using bitcoin as a currency?
if by, "money" you mean legal tender then you're mistaken. usd is the only thing that is classified as legal tender in the usa. can it be banned? they'll have to establish what law has been broken. in a sense bitcoin is in the realm of, "barter". it's not illegal to barter for things
the supreme court would have to take up the court case that challenged it first. supreme court would be the final nail in any case.
there’s about a zero percent chance the supreme court would side with you on that “bitcoin is money” thing.
huh, there would be legislation needed before which the banks and feds would have to work with politicians. the whole idea of if it could have happened it would have already happened makes no sense. they would probably start with individual coins banning one after another unless they fit in a centralized manner where the government could conform them to all the bank rules that must be followed when applying for bank charter. most likely people lose a ton of money because their coin of choice evaporates from new regulation.
[the other other other other half](
el salvador is 70% un-banked. bitcoin gives people permission to be their own bank in their own pocket . el salvador's willingness to accept bitcoin is not taking anything away from the world bank. the usd is still it is national currency. this is either just a dick move by the world bank for the sake of dickness or they are scared.
the euro is also not legal tender in the us. the point is that they cannot deny you from possessing and transacting with bitcoin anymore than they can with the euro, because they meet the same conditions in an international marketplace
precedent is already there. but good luck to an american economy that wants to promote dependence on their currency through authoritarianism. worlds a big place, technology is easily accessible, customers are easy to find, and history has authoritarian marketplaces losing to free commerce every time.
it’s legal tender in a foreign country, someone already decided for them
cryptos do not need a bank, that’s why various indebted govts, banks and regulatory bodies are crapping themselves. it makes them irrelevant. you can do business perfectly well ordering supplies & services and paying in crypto. the seller has agreed to accept crypto as payment, and buyer offered it. that’s all. the transaction completely bypasses the fuddy network, and can’t be stopped. you need to research more on how it really works and broaden your knowledge of it. definitely not a good idea of dealing in naked coins without being thoroughly versed in it, as you are your own bank, if you make a mistake, there’s no one to run to, to complain or demand a refund. by naked i mean not coins held at paypal or square, where they hold it on your behalf, never really yours. but if you master your fears and do the necessary deep research, you may find opportunities… or not! people said the same thing about evs, it’ll never work, no demand, golf buggy, ugly, performance range issues etc… (gm) digital cameras will never catch on, film is always superior… (kodak)… streaming movies? what a ridiculous impractical idea, (blockbuster), iphone? too expensive, will never catch on (intel)… change is always resisted until it is adopted by the younger generation, who thrive and become the bosses, then it becomes default. banning crypto is technologically like trying to ban the internet and all the smartphones on it. (or banning the oldest profession)! no amount of huffing and puffing will change that as long as people are fed up of the currency issuer printing money and there is demand for something that a politician can’t at a whim dilute. govts know this, which is why they are thinking of how not to get left behind and offer something compelling. gold once had a similar position, everyone trusted it, so some govt tried banning private ownership. didn’t work. the real big risk with crypto is not the coin chosen, although it is a material risk, but as with any exciting stock or asset, that people fomo into it and buy on margin, which is the most toxic thing to your wealth, regarding any asset. the moment interest rates rise… all the inflated assets, no matter what they are, will come crashing down at lightning speed, ie, exponential straight down. it does not matter how good the asset is, a house, tsla, btc or golden gold is, if you cannot service the debt incurred to acquire these fomo assets, you will be forced to sell at rock bottom prices. if millions have fomo’d and borrowed on margin… that will cause a mighty great crash. guess who is fuelling cheap cash and unsustainable borrowing. central banks, as that’s the only trick they have left. some more than others. cash at the rate its being printed, is worth less every day. the pain required to fully restore it, high real interest rates of 12% and high taxes, for years, needed to service & pay down govt debt at high interest rates, is so painful to think about that i don’t believe any administration would survive it… but even a modest rise in real interest rates would send correction shockwaves through all markets. not financial advice. do your own due diligence research.
yes. upvoting because my phone was on mute.
this is awesome. why the downvotes?
oh, since when does the supreme court of the united states let other countries make decisions for them?
i did not downvote but i guess it is because it is unrelated.
they’d have to change the legal classification of money, and they don’t have that power
it might have been banned from twitter*
plot twist: bitcoin bans china
i remember seeing this one in 2017 lmfao
i just read something about the “crackdown” being on coal-powered bitcoin mining... so doesn’t that mean they are fixing one of the biggest complaints about non-renewable energy usage?
did china ban bitcoin in the past too?
i personally control the price of bitcoin because every time i buy, the price goes down.
“china un bans” bitcoin bullish ! china sells bitcoin “china bans bitcoin” china buys the dips rinse and repeat china probably
classic. it really still does wok.
hilarious. every time a country proposes some new regulatory stance against btc, i envision them trying to patch a dam with a piece of chewing gum. might stop the water from leaking temporarily, but sure as hell can’t stop the eventual flood 😆
i know its a joke, but it really shows the retail mob wishful thinking they can easily understand whats moving an (almost) trillion dollar market.
they are doing this to boost the value of their digital yuan relative to other coins.
im never eating at shitty wok again
the ccp is doing terrible things! crashing crypto! genocide! viruses! haha! we're going to need funnier jokes. this is actually real.
it was not china. it was the same people hoarding all the money, as usual. they pumped it for more cash, so they do not get margin called. they're in way over their head.
so your telling me the internet lied to me??
cryptocurrency will ban china
i hearby dub you the poet laureate of r.
nice, time to break out in hives.
alert ! price manipulation. please 💎🤲🏻
noobs haven’t stopped since 2010.
every “roast me for this. stay safe fam
lmfao i want to send this to my coworkers but maybe i won’t.
is some interested in a kidney or half liver? i need to buy this dip
it's to path the way for digital yuan. it is not something someone cooked up.
china once tried to ban people, that, fart. they failed. keep that in mind.
this sounds like fucking elon musk.
they are inventing their own crypto with name, citizen id, fingerprint, probably dna sequence after each transaction.
this is gold. never gets old
lul this is on point
finally got some of that real dip this morning. yummy!
bloody hell , not again 🧘‍♀️👀
it’s funny but it happened for real and it keeps dipping
lol i was laughing so hard 😂
surprisingly ok quality, love the american accent.
come on!!!! 2013 was because mt gox, remember that
meme used every time
the super powers are scared of btc because their fiat shitcoin are inherently debased usd vs dcep vs btc fiat debt slavery vs communist autocracy vs liberty and integrity
this fat white redneck doing racist stereotype impressions is hilarious.
why china "need move market down"?
this time it gets pretty serious. maybe they finally ban it this time. just please fking ban it and end the “china controls bitcoin” fud.
bitcoin dead again. edit: this is for you china: ༼ つ ◕_◕ ༽つ
how bout we ban china... had about enough of them, at what point are they just not good for the world in many aspects?
don't know if that is a coincidence or not, but i noticed "city wok" written over that chinese woman when she said "still work". that was a nice touch.
bitcoiners can’t meme for shit.
this shit is so racist wtf
that is insulting and sadly ture
damn mongawrians!!!! it’s kinda racist tho
cringe as fuck exactly what i’d expect from
this is absolute cringe. lol
china has been a total asshole to this world in the last years & they wont stop. fuk you china!
cool but where is elon musk?
they will ban individuals and companies from owning, then the government will buy it themselves and take ownership of all the mining operations.
why is china so important? like ok cool fuck off don’t get sick tendies, more btc for me and the boyys
high effort post gets high effort upvote. i do not normally upvote, but when i do it takes a lot of work because my screen is so big.
you should just delete this subreddit at this point
i'm not woke, but this does feel racist, with the goofy accents.
ban products from china. all their cheap products. they use slave and children labor. they probably buying bitcoins after they help tank the price
lol this is pretty good.
china bans china from banning bitcoin
this is great 👍
chi bit bans na coin
china can’t ban bitcoins. look what happened when they ban expats returning to china. now they are play catch with covid19 vaccine so they won’t be last to reopen. majority income in areas where btc mining is done helps the local population and economy. it would unwise for china to make such a move.
say "hans blix, you're busting my balls"
this is fucking racist . fuck you
this is racist. why do americans mock chinese people with the same shitty stereotype since the 60s?
pretty great impersonations! love it! wish they would’ve thrown in a “rabble rabble rabble!” at the end
probs gonna get downvoted for this but it just gives more reason to believe btc was created by chinese central intelligence
this is racist and a hate crime has been reported
seriously! how fucking dumb is this? must be just bots reaction. fucking china and bots
need to work on that chinese accent. not convincing lol
literally what happened, somehow elon got involved in all this taking the blame.
omg i forgot about this lol
where’s that tesla guy in this ?
this is so stupid its funny 🤣
my god…. so accurate
the irs is also having people report their crypto
pretty sure china controls a lot of the mining so... i don’t see why they’d ban it
hopefully musk’s crying wolf only works once...fucking dick!
ursu e în cămară. unde este ursul?😂😂
ursu e în cămară. unde este ursul? 😂😂
every dam time lol
instead of bitcoin buy city-coin
"every party needs a blunt damage dealer
around 2013, most of them).
yes but its time to buy hard 😎😎😎🚀🚀🚀🚀
someone tell poobear to stick to eating honey and leave the rest to us
buy to hodl. the movement is here to stay, and they know it.
no one entity can stop crypto? well it seems like it sure as hell can hinder it! i say “eff it!” i am holding cause this will break and i want my ticket to the moon! down almost 20k. that’s 20k from profits. hodl
it is a big move for the real crypto to be inventing
every position is milly. ftfy
this was their best season since ferguson left 😂
uh oh, bitcoin is now racist.
this need to be real episode
the production value of this is through the roof.
why was apu from the simpsons cancelled again?
china just makes me want to crypto harder. hold on. pump more in and have them buy the top. the fk out of here
is this a real south park scene?
after watching this video, the replay button looks suspiciously like the comedy central logo
i will continue to save my cash to hoover up whatever i can at these lower prices. it's always a race against time to try to grab some bitcoin. this is a joyous time for those of us who love to buy cheaply. greed of others is good for those of us trying to buy low.
there is someone who said they were trying to get to . that is a dream come true. will we really be able to buy at ? that would be great. please, please keep the price down for more than a few days. all systems go for fear at a level less than 10.
so i am really new to crypto... i only have a measly 20 bucks in bitcoin...well at least i had 20 bucks in there, now i have like 17 so i am also hoping it goes back up...
in soviet russia, china does not ban bitcoin... *bitcoin, bans china...*
i wish i had the money to buy a bitcoin now
frankly... i think elon is the real reason... the problem is that all the people who thought that way and panic sold are now embarrassed to admit that was the reason so the "china ban" excuse came at a good time.
will we be caught with pockets full of tulip bulbs or fiat? doesn't matter. dca and hodl.
china looking trouble always
i smell 👃 👃 👃 market manipulation
should have spelled “hello” as h-e-r-r-o. but that’s funny.
same shite different day. yawn.
sell all your bitcoin to me 🤑
this gets funnier every time i watch it
ez money when you control the fud and the people are dumb enough to continue to infect and die from covid
but can i replace my mother’s china with bitcoin?
you can replace "china" with pretty much anything - "musk", "india", "monkey" - and will get the same effect on those who *buy* btc because their tennis buddy has bought btc. they do not understand that btc is btc because of the underlying blockchain technology. as jack dorsey has stated, blockchain will change "everything". that's the only reason to *invest* in btc.
they literally cry wolf every couple years at this point.
elon is the main character of this dump in this time
jurassic park has banned bitcoin
china loves a good ban
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i think this time is gonna be a long journey guys, hold up tight!
they need to do this with the real voices. this is awesome 😂
now it adds up. china told musk to attack crypto or tesla is banned in china
the china fud had nothing to do with this. this is all elon’s fault. i used to be a big fan of his even defending him and conversations. now i hate his guts and think he’s an incredibly irresponsible douchebag
the amount of idiots and weak hands in this space baffles me. none of them deserve the peak gains.
who bans who game
bitcoin "china will be back."
15 times in 2013 150 times in 2021
now do it with butters and cartman!
next up: china bans spitting again (for the millionth time) oooh run scared.
china, biden and the european banksters are very afraid. i’m buying more.
interested to buy or sell real estate with bitcoin? go ahead and check
that was so crappy but amazing. 😂
same thing oil companies do with their inventories... let china "ban" all this does is limit the supply, the more limited the supply the more expensive btc will be. let me put it this way... you want gpu? but no supply gpu so gpu price go up x amount of times. so let china ban mining for real... then watch btc blow past 100´000...
hey china, got some nachos for this awesome dip, cuz it’s nacho currency? it’s the people’s currency, and ain’t nothing you can do to stop it!
hodl my little china!!
this does not seem racist at all.
plot twist: china can never ban bitcoin because for doing so, they will need to ban internet.
i’m saving up now to buy the dip on next the next ban
who did the voices on this it is hilarious
it works everytime lol.
hahah this is funny
china has banned the letter “n” so are they chia now?
mongorians bann china cause of god damn mongorians!
we use it 15 time already😂
this just became relevant again
just some straight up old fashioned racism, everyone loves that
what’s with the racist caricature-like scriptwriting?
correct me if i'm wrong, is not cryptocurrency supposed to be stable because of the limited available amount? kind of like a digital gold standard. it's sounds like it is just as unstable and prone to manipulation as normal currency. it's almost like printing your own brand of money, convincing idiots that it has value, and then exchanging it for "real" money.
damn, i love this.
lovely video i dare say
the i-ching bit coins china
holy shit this is awful
the snow flakes are gonna have a meltdown over this
a china in a bull shop?
china bans china for using bitcoin in china
interesting. what might happen if node operators all blocked china based ip addresses?
china bats bitcoinvid 19 times in less than 24 months. the cpp has announced that once again the ruling party of china is looking to bat cryspo. reports coming out of beijing today, state that the leader xi jinping is yet again hungry for a far greater bat than those bats of the past. this recent chinese bat is not estimated to have much of an impact on bitcoinvid markets overall. not to panic is the message coming out from the majority of major bitcoinvids traders, as they respond to the reports of this latest bat. “heard it 18 times before” said a major tokyo trader early yesterday morning. evidently the majority of traders are becoming accustom to the numerous monthly announcements of cryspo bats coming out from the worlds emerging super power. and that’s why today, it seems both the markets and the investors can agree that this is more of a case of bitcoinvid’s 19th chinese bat, rather than a permanent chinese cryspo bat. speculators have said that were a permanent chinese bat believed to be an inevitable reality, well that would be, the catalysts bitcoinvid needs to reach the kind of heights, the likes of which, have not been seen for well over a decade.
in soviet russia, bitcoin bans you.
annnd this has been said since dec 2013.
i cannot stress this high enough and it defeats the "purpose" of bitcoin but seriously at this point just ban china for bitcoin. they are the "centralized" authority for what is supposed to be "decentralised"
china coins a bat
a nonbasic chin itch
this was awesome! thanks for the laughs. needed that shit after this week's losses!
plot twist it does not matter and people are going to be sad they sold.
i have decided to ban china!!
hey i've seen this one before
it has worked 16 times!
exactly! this is great for bitcoin in the long run. the negatives are being ironed out (and we get a chance to pick up some cheap coin whul we're here).
yes that’s what they say ,but as always that is just propaganda bs and they will mine even more lol
also means that china‘a hash share will drop, since it would be less profitable to mine without cheap coal power.
people only read headlines. imagine making financial decisions based on a headline.
that is, really funny for some reason. i'm imagining a steampunk bitcoin
**are teslas made and recharged using exclusively renewable energy sources?**
how do you power computer with coal?
yes, they are. many many times. you can check it on google. there is a whole list of bans since 2013
they seem to bad it once or twice every bull run
many fucking times, more than 5 times, maybe 10 times. it is so ridiculous.
what are you waiting for?! sell!! for your brethren. reverse this tide.
can you tell us when you're buying so we can all sell? we'll share some of our profits with you.
i told my trading buddies they could all be wallstreet now i just buy and hold forever and that’s been working out okay so far
underrated comment. even u.s. federal reserve is entering crypto space. my opinion: every country and their central bank probably already have a cryptocurrency strategy, or are testing them out now. this includes monetary policy (manipulation) and ability to hold and defend currency valuation from foreign interference.
also elon musk to a much lesser and more pathetic degree.
maybe that is why they do not actually ban it. it woks every time.
they yuan-t to maintain control of their currency
nicely done there. 👏🏽👏🏽😂
i heard you could turn in your doggy coin for food from shitty wok. or maybe it was just your doggy. ?
i prefer shitty sushi anyway.
i'm eating schitty shushi from now on.
no one needs you stupid mongorians!
shhh we still need their slave labor tho, lets not upset them
pretty much this is media and who controls media, i saw many posts on twitter and facebook, but twitter and facebook as well as us media are banned in china too).
you speaking that true true
give op this flair stat pls
those are the words i've been searching for.
only stocks diamond hands. we hodl.
i dunno about kidney, but i'm down for some pâté.
ill take the left kidney
i'd like a new liver, too many years as an alcoholic
sounds like a shitcoin pump to me
but can we fart on people that ban?
this stinks of dank musk
xinjiang people's money worth 20% less and can be frozen at any time if you grow a beard or pray.
i don’t think that’s the final dip yet ☺️
why it dip again today? more china-ness?
they buying the dip
so they can pump the pump again, duh.
i have a million bitcoin the price hit i tanked the price to 50c and bought back in i have 2 million bitcoin the price will almost certainty recover, so i doubled my money.
ummm i know that is like, not the end of the world but ummm wouldn’t that empower say, other govts to do that...? like the us...? idk
covid. pollution. crypto ban. mmm can see the arguement.
it's from south park
i did not know twitter users were active here
that character is a white dude that pretends to be chinese
wu mao army active here? what about tibet and xinjiang? free tibet! free xinjiang!
free tibet! free xinjiang! kick out wu mao army commenters.
i wish at the end it was just elon sitting inside the restaurant
but if only the government owns it, it is useless because... nobody else owns it
why is china so important? ... money, lots and lots of money... like it or not, crypto and especially bitcoin have two sides... bitcoin and its value in fiat. if you have lots of fiat, you can manipulate the other side. or be papa musk who was herold as crypto jesus here one day, next day become literal satan hahaha man that shit is hilarious... also chinese export is holding us ( and probably most of the world) by the balls, since thanks to cheap labor ( aka slaves ) they dominate the market. its funny what you can do with almost unlimited workforce, zero care about human life and multigenerational planing...
because it is a funny voiceover. cry more.
>tell me how this is not racist... so replicating the way people have accents is racist ?
so you cant replicate the accents of other people anymore ? ' [ then should americans be offended by this ?
it’s a parody on south park which sounds exactly the same
how are goofy accents racist? do you know what a race is?
me so sorry g.i
i mean people who dont speak english as a 1st language have accents, no ?
do you think nobody is making fun of elon? do you actually think the chinese government didn’t play a significant role in the crash? cause that’s what it sounds like. if not, just be straightforward and say you hate fake accents
this is what mental illness looks like.
don't paint him as a victim, that mofo has personal address set up and everything.
i read the target is , not
because american corporations love the cheap labor
so you afford to buy a cheaper cell phone to use to mash out this inane piece of drool
i'll do you one better, why is gamora?
isn't most of bitcoin currently located there? bitcoin would lose most of its hashrate. actually doing something like that would harm bitcoin short-term and create a dangerous precedent.
bitcoin loses all value as a decentralized currency. which will never happen.
“this is the whey*
it was supposed to be a soviet russia type joke.
what is racist ?
this guy’s a quack lol
what do you mean you've seen it before it is brand new
this is...good for bitcoin? buy goddamnnit
why not just promote pos coins and get away with pow? pow is old technology and needs updated
i'll admit the first time they did it in 2013 i considered it the nail in the coffin for btc. made a fool out of me.
over and over and over lmao
no no, you do not understand. if you buy, it goes down. if you sell, it goes down. you have to do _nothing_. the only time i make money on crypto is when i ignore it... or when lightning strikes.
i mean, i do not know whether or not this is true. but my gut says is must be true.
they moved on from that, check your tags, it is mostly india, bangladesh and indonesia now.
how would i get cheap human hair wigs, if not for china and their wonderful uighur weekend camps?
we haven’t had news in america for decades
the news definitely has never, and will not lie about this to protect those responsible, you're right.
the new york times is one of the last only news sources not owned by the manipulators i think. which news should i read?
hodl & buy as well...💎👋🏻
only half liver take it or leave it
you telling me i get more dip!? mmmm
do you hear that song playing in your head?
so does the money come from people that are new into financial markets and that sold their bitcoin out of fear with a loss or does the money come from leveraged bitcoin speculants getting liquidated or both?
so the us just follows china and confirms that china is the real one leading the world? also we have pro-crypto states like texas and wyoming, probably florida (miami) and tennessee (jackson) too. currently btc is considered an asset in the us, so they can’t just outright ban it. i should be able to hold whatever i want as long as it doesn’t affect everyone else.
does that somehow make it less racist?
you win the internet for today my friend. lmao.
yeah but they bought him. cost them 1 gigafactory.
awesome video. and people should not be offended by this stuff. but in north america at least we've had a nasty history of picking on minorities with these caricatures of their accents.
go be racist somewhere else
what's his bitcoin address then?
it's harder to mine with higher latency...i think.
hashrate moves to different place. that’s it
but hes faking an asian accent. go outside and do the same accent you pussies. no? why? cause its racist? yeah. exactly
lmao yeah 'this is good for bitcoin' is an even older meme
...it never gets old, and that is more appropriate than ever. lolol.
i'm so fucking excited to get my average down. that 5k drop is going to be sweet.
with pos, largest coin holders get to vote for changes in the protocol right? ya that sounds pretty secure considering the majority of coins on pos cryptos are owned by a few entities (mostly exchanges). the entire premise of pos goes against the reason why crypto was designed. if you want a crypto that’s controlled by the elite and wealthiest holders then why switch from usd? at least with pow there’s physical limitations that can’t simply be “bought” along with nodes keeping miners in check. energy usage doesn’t matter, that big ball in the sky has more than enough power for all of human existence. the issue is dirty energy usage and pow (bitcoin particularly) is pushing towards renewables faster than any other sector since the motives align to do so.
nah pow is better
pos causes centralization because those that hold more tokens accumulate more. in some pos systems, you cant even stake unless you have a certain amount
at least you got the whole fool you once thing
so the chinese are basically useless now?
wouldn't say they have moved on from it. look into the uyghurs . china is imprisoning them and using them as slaves, for no other reason than them being uyghurs. they're being 'brain washed', are undergoing forced sterilization and many more fucked up things.
please tell me your being sarcastic.
sell, wait for dip, rebuy more. hodl.
i’m not telling, i think so.
saying the money comes from group a or b is a little reductive, but you could say that they took from those that bought the top and. the leverage plays its own role in the price, but if you look at any given trade over a time frame of your choosing, there is a winner and a matching loser. for example: i sell you 1 btc for after a week the price doubles. i've effectively lost a dollar and you've gained it. of course it all gets a little more confusing when you look at the price i bought in at or different time frames - i may have bought for 1c a year ago, so while i profited from the trade, it was still a losing trade relative to the following week (which we're looking at). similarly, it might go to zero over the next year - over that period, i would be the loser. depending on our perspective, we could *both* feel like winners or losers on the same trade. in determining winners and losers, the time frame is key - the simplest time frame to use is your next trade (that encourages sunk-cost thinking, but gives a clear measurement point), and i might trade hourly while you trade daily. that shapes our perceptions.
i’m in your side here. but see gold during the early 20th century in america.
no it is south park it is supposed to be racist. but that character talks that way because it is a white person's impersonation of a chinese guy
what the fuck is racist about impersonating a stereotype? google the definition of racism you fucking donut.
ah yes, comedy and someone impersonating a stereotype is truly what we need to focus on. black people randomly assaulting asians though? ha! who cares.
it’s just a reference to the south park character that sounds exactly like that. it’s more of a play on the character than it is on chinese people. and it’s always been funny.
>idk if you're aware but there is such a big problem with anti-asian racism in the country right now that the president just signed an asian anti hate crime bill into law. you mean the media is covering random acts of violence and pretending there is an epidemic of (insert-group) hatred afoot!? omg. that's insane. what does that have to do with making a silly meme on the internet? >that's the kind of environment where this voiceover falls really flat. yeah it is got 4.5k upvotes and counting. really falling flat on its face. i'll check your profile, but i'm willing to bet you've never made a funny joke in your life. >nobody's crying, if you want to have a conversation like an adult and be taken seriously you're going to have to do better than that. you're crying like a child because someone made a joke, and acting like it is synonymous with a hate crime when you're called out on it. grow up. the world does not exist to cater to your unique mental illness that makes you so hypersensitive.
that's a white guy. he is not asian.
as a ginger, the south park ginger episode was intensely hilarious
>and this is clown is why most white people unfortunately are being targeted as racists. learn how to structure a sentence, jesus. >just blindly thismissing any point of view that stops you from having laughs at others people's expense. yeah, generally i thismiss ridiculous, hypersensitive pearl-clutchers. >you just do not see it do you. nope. i see it just fine, and it was funny af. cry about it, puss
that is a several billion dollar question at this point. you still in the green with the douchecoin?
maybe the real china was the bitcoin we made along the way.
elon chinacar bans bitcoin cumberpower
bitchina is a real bitch
why am i laughing at this so hard 😂
did you ever watch an animated movie? they fake all kinds of accents.
i took the "china bans bitcoin" thing and flipped it around like "in soviet russia, bitcoin bans china".
people fake accents all the time. like are imitating accents off limits ? i mean people make fun of french accents, like when mt. gox happened people were doing fake french accents because karpeles is french and has a thick accent when speaking english.
you’re soft as fk 🤣
*cries about racism* *proceeds to fat shame*
that's just it, it is all good baby.
well i mean... china never ended up banning bitcoin and bitcoin ended up increasing in value over time so...
as well, with both a increase in cleaner sources of pow coins and the creation of systems like pox(proof of transfer) coins like stacks(stx) that are connected to bitcoin, we can make bitcoin even more renewable than both fiat currency and pos could ever functionally be due to their limitations while getting the benefits of pow.
nah it is not though
better in what way?
in the words of george w. bush "there's an old saying in tennessee—i know it is in texas, probably in tennessee—that says, 'fool me once, shame on... shame on you. fool me—you cannot get fooled again”
fool me once, strike one. but fool me twice...strike three.
they moved from sweatshops to tech industry (consumer-export wise), your phone is made there (oppo, huawei, xiaomi) if not then the chips are produced there. beyond that there is computer parts, drones, batteries, etc. tbh it would be easier to list the stuff they are not making.
not until there is indian, bangladeshi or indonesian aliexpress.
huh, do people still believe in that? "letter dated 12 july 2019 from the representatives of algeria, angola, bahrain, bangladesh, belarus, the plurinational state of bolivia, burkina faso, burundi, cambodia, cameroon, comoros, the congo, cuba, the democratic people’s republic of korea, the democratic republic of the congo, djibouti, egypt, equatorial guinea, eritrea, gabon, the islamic republic of iran, iraq, kuwait, the lao people’s democratic republic, mozambique, myanmar, nepal, nigeria, oman, pakistan, the philippines, the russian federation, saudi arabia, serbia, somalia, south sudan, sri lanka, the sudan, the syrian arab republic, tajikistan, togo, turkmenistan, uganda, the united arab emirates, uzbekistan, the bolivarian republic of venezuela, yemen, zambia, zimbabwe and the state of palestine to the united nations office at geneva addressed to the president of the human rights council" [paragraph 2: "we commend china’s remarkable achievements in the field of human rights by adhering to the people-centered development philosophy and protecting and promoting human rights through development. we also appreciate china’s contributions to the international human rights cause."]( --- [state department lawyers concluded insufficient evidence to prove genocide in china]( --- **explanation of the series of events** -- xinjiang borders afghanistan, there is a militant branch of al-qaeda composed of uighur separatists, the [turkistan islamic party]( which is a part of [east turkestan independence movement]( etim is listed as a terrorist organization under un since 2002 since they had connections to the 9(see: they are an al-qaeda branch). their involvement in several terrorist attacks in [xinjiang stretches from 1992 until as recent as 2016, from mostly bombings and the occasional knife attacks.]( realizing there is a serious problem that simple force and bombings cannot solve, they built the re-education centers in xinjiang to de-radicalize them (since after all terrorism on this scale usually stems from poverty, lack of education, and lack of alternate paths). you take the suspected, send them to boarding school for a few years and turn their life around. the us makes dozens of allegations (mostly from adrian zenz) from illogical ones (china enslaving uighurs to pick cotton despite the fact that they mass product farming equipment, some of which are even automated) to just plain stupid ones (one million uighurs, about 1, locked up), dozens of countries visit the facilities and there is unanimous approval (see un letter above) with the exception of the us and their satellite states.
i was actually just trolling to find some good sources.
does it come with those little onions?
you mean the gold ban because of the war? gold was the standard back then, the us didn’t have enough gold to back the usd, hence the ban and collapse of the gold standard. i don’t think we’ll have the bitcoin standard, but bitcoin as an sov like gold now makes sense. it doesn’t interfere with the central bank’s money.
go be racist somewhere else. fuck you
yo dawg, i heard you like china, so i put some china in your china so you can china while you china.
most thisturbing username ever.
you ruined the streak bro
i bit a chinese coin?
its getting out of hand now
they’re just different. all crypto is basically an agreement by mass numbers of people on its value. some people value code is law (pow), some people value mass stake holding and human input is law (pos). this is of course a simplification but generally what i understand to be the root of it.
it gives makes the ledger more immutable and hence it is more secure.
more decentralized and more secure. which are 2&3 on why you should choose bitcoin. № 1 being scarcity...but you need all three for success.
designed in california, assembled in china.
but i live in a cave
get your shit outta here china shill. we’ve seen the pictures of thousands of people in chains with their heads shaved. why can’t any christians or muslims pray openly without fear of being arrested and taken away forever? why’s it illegal to pray? get this fucking garbage out of here.
nice use of the cunningham law.
well done. my favorite news source right now is "the hill". they will criticize both sides of the political aisle and they see through the identity politics game.
disregard usd, acquire gwei.
it can but it will cost you more
i was just responding to the comment “i should be able to hold anything i want” which is why i mentioned gold. it also wasn’t because of the war, it was because of the depression (1933), but that doesn’t matter). what matters is they forced everyone to sell above a ridiculously low weight limit (5 oz) at a set rate of . they effectively stole assets and gave you soft currency. i don’t hate a sov (it’s probably a good thing tbh). but how would you feel if they forced btc holders to sell to them at a set rate? id flip the fuck out haha. anyways, just some history, which won’t necessarily repeat, but...perspective. wiki link:
i hate that i understand what it means.
that’s unsanitary. you don’t know where that coin has been.
china bites hand that feeds it.
coin bit china's bans
lmfao!!! i love reddit so terribly much
person of culture as well i see! gotta ban above 1 if you want to get the bot to work outside the sub
the fact is is that people who dont speak english as a 1st language will have an accent. is it wrong to represent this ? is it wrong to reproduce the sounds and accents that a person makes when english isnt their 1st language ?
don’t think it’s really racist though. they impersonated a white person’s voice at the end, is that also racist?
it's the american way.
is it peaceful there?
lmao wtf are you on about. china has churches and mosques. you did not even attempt to [google this]( [basic fact]( wow, a thousand prisoners in chains, china has gone too far. they shaved prisoners with no hygiene and potentially lice?!?!? that's it ccp bad. but of course, you have personally seen this have not you, considering the evidence you thismissed are un officials representing their countries, most of whom have visited these schools (which are a different facility than the prisons). jesus christ, what are they leaching into your water where you live.
but again we were on the gold standard back then. this is why i don’t think we’ll have the bitcoin standard. i’m fine with the way it is now. fiat and bitcoin can coexist.
i feel bad for you. please change your outlook on shit. maybe then youd get laid.
he's got the coinrona virus now
i think i have barely enough (on my tipping account, that is)
ya, it’s much more beneficial haha
clearly getting laid is a problem for you. cry more about voiceovers. i'm sure you're really stable.
it’s a chinese ass penny.
1. don't assume my gender. misgendering someone is sexist dont make an accusation without knowing the facts.
your a snowflake bro
you need some help lol
china ban bitcoin , no not meeee. why would i do that? i wouldn’t even hurt a fry! 😎
the almost comical explosion at the end lol
if you laugh you have to buy more bitcoin.
the “oh fuck” really hits hard.
at least the plane found the bottom, i am not sure where is the bitcoin bottom going to be.
i laughed so hard at this and showed it to my cat. lol.
😆 😂 this was needed
saylor says that plane was a perfect store of wealth
i am laughing so hard on this one. gz
i hate to even think how expensive that must be. an rc jet?!?! wtf lol. that dude must have sold at the top lol.
we still buying the dips?
the accuracy of this is immaculate
yep...yep... that accurately sums it up pretty much
true as hell especially the oh fuck at the end
we have not impacted in a ball of fire yet.
that was me on the 19th dropping 15k :d oh well, i did not plan on touching it for a year anyways, just sucks i could have gotten so much more!
well, i sold at the peak because i needed the money. now i have 10. i'm pretty happy.
u missed the part where it auto fixes itself transforms into a bigger jet and flies off
at least it was vibing before it crashed
well... it started off good! 😂
fuck me in the ass hard thats hilarious as fuck, i felt every single emotion of that wild ride.
oh my fucking god, im in tears. thank you!!
okay. lmfao. this was funny as hell.
being an rc enthusiast. that was funny.
the ones who laughed at this are the ones that know everything is fine. everyone see their portfolio lose value. all i see is that i still have the same amount of btc in my account. 1 btc = 1 btc. that's all. we did not lose anything.
every crypto buyer: it'll go back up.
looks like my life in a nutshell 😂
even the “oh fuck!” is on point
the up part happens when i'm asleep. the explosion part happens while i'm conscience and capable of feeling... well until the drinks start kicking in.
for sale 1 rc plane, only flown once.
is the driver okay?! i did not see them eject!
i'm up over 4x, was up 8x. i hope it goes lower so i can buy a shitload and profit again in a year or so.
this is hedgefunds trying get all the money cover all there shorts so they don’t get called out just my opinion i mean honestly this insane how much it’s dumped always screwing small retail guys over
is the pilot ok?
the only difference is the real btc never stops to try to moon. circles to moon brother.
it was exciting for 3 seconds
thanks for making it cheaper again!
this just made my day... thank you!! lol
ain’t this the truth!
😄 that's a good story
oofff, right in the feels
i think that’s called a wyckoff takeoff
that would be funnier if it was not for what the almost inevitable outcome had to be for the pilot there.
this was too funny. fuck that shit happened to chainlink i bought in at 39. 20 min later the freaking market crashes i said the same thing "oh shit" 🤣
i was definitely the "oh fuck" in the background
china ccp forcing a dip to buy. threatened regulations.
at least i didn’t lost all my saving. only half!
lol! just like my portafolio lmao..., *cries in crypto.
oh my gosh, jesus help us all.
well that looked expensive
btc 8k strong support
lol pretty much sums it up
of my love life
directed by michael bay
omg lol, i want one of those.
here’s hoping it drops way more
not holding. time to bail and buy house. laters.
i laughed way too hard at this lol
the “oh fuck” at the end describes me when i check my portfolio in the morning after i wake up
forgot the delayed parachute after the crash
hedgies are getting desperate.
what is the best place to buy bitcoin from germany?
so, is this gif going from right to left, or left to right?
i hate to say it but that plane hit bottom and can’t go anymore, our bitcoin……...
i laughed harder than i should’ve lmfao
my btc works fine
pure ta! where can i sign up for market updates?
perfectly sums up my experience lol
i'm laughing so hard while i die a little inside.
this could not be more accurate
the explosion has not happened yet
the bitcoin is currently having its difficulties, but watch closely its going to hit the moon soon. mark my words 😊.
this video makes me laugh so hard everytime. something about how perfect the explosion after the crash lol
your ta shows a 100% retracement.
except flip the video upside down
hahah like musk spacecraft
rush to the moon
it's a nice thiscount hngggg
the most accurate post about crypto this week
was launchpad mcquack flying that?
hahaha spot on. now i'm gonna go back to crying.
that's at least -10,000 dollars, poor chap
yes, this is very close to reality
it is so funny jet is crashed . please upgrade 😁
oh man that is hilarious. i was browsing and did not see which sub it was art first. i thought to myself, that would be a great gif to post to bitcoin...
you never get in a airplane mid-air. buy the dip
burst out laughing. brilliant snapshot of my feelings the last few weeks...
russian legislators draft amendments to legalize cryptocurrency payment contracts
buy before the fire goes out!
that’s exactly what happened 😭
am i the only one who's incredibly chill within all of this? ...
lol to the moon...nope not this time... :)
i bought more yesterday…. i have an addition to losing money.
the exposition at the end did it for me
i thought the plane was going to go back up again
it's just gambling atm. one day you buy, next day you rich and the day after you poor again. it's not fucking safe, a house next to an active vulkano is more safe
i love the eject right at the end. just like all the nervous nellies who bought at the top and bail out at the bottom.
this is absolutely legendary, if i had a gift i would give it to you. i watched it like 10 times and laughed every time
this is pretty accurate. haha
that's what happens when your gyro is set up in reverse on an axis.
i bought in right after it caught on fire
wtf i saw this yesterday and the plane was going the other way
i'm not too worried. holding only costs time.
you laugh, but it is true
this applies to bitcoin and the rest of the market, hope for a recovery soon.
welp time to buy more
the problem with bitcoin is too many people playing stock market traders with it and treating it as such when it clearly is not and also the exchanges allowing all the stupid games that are being played because the more transactions happen, the more money they make...
lool 1 milli down the drain
ouch ...my wife would be all up in that
last week in sentence: price going down, then up and finally sideways
to the moon. oh wait.
so classic, it really looked like controlled flight during the vertical acent an decent, the only thing missing was a hundred feet or so of altitude to pull out of that dive.
and bitcoin is just digits on a pc backed by nothing, not even paper lol. so what are you trying to tell? ever heard of a document before? it's only backed up by a piece of paper and a sign, money is a piece of paper that is defined. bitcoin is just gambling come over it
i'm pretty sure i used those exact same words the day of the "flash crash"
highway to the danger zone!
the self-deprecating humor in this sub is amazing... yalll idiots!!!!
bitcoin looks back on its feet... last few days were bumpy ride though😭
we were just about to get off the ground, crash...
i think anybody that has a decent amount of money in this market is chilled chilled at this sale
it's gonna be ok right?
was it worth it
this is literally the chart
rüdiger ned so tief
everything in this gif is quite relatable.
the pilot did not get a chance to escape like me when bitcoin crashed.
fix the plane = buy the dip
i cannot upvote coz the pilot almost certainly did not make it out alive.
i laughed but then realized the pilot was probably injured during this and felt bad for laughing. does anyone know if this pilot is okay?
you saw this on tiktok
hello loves waited all are well i want to invite my profile of onlyfans so that you follow me[stefany23cmxx](
have you seen biden’s plan for cap gains taxes? he threw out a number of 44%! granted, that probably won’t happen, but then the irs says every time you spend a crypto you have to log that as a sale for cap gains purposes - then there’s sales tax on top of that. so, in the end the us government wants 50% of every fuk’n sale - that’s usury - big time. it would end up killing the economy because who in their right mind would pay an over 50% tax (on top of income taxes!) to buy anything? they inflate the money and then tax the hell out of it.
kinda thought that was the ejector seat 💺 “explosion” - too bad the jet was upside down when it went off - sort of like my portfolio 😭
jet fuel melted crypto dreams
what if i told you it was actually a very comical explosion at the end? 😂😂
definitely, i laughed a lot
i did and i did.
i'm trying to buy as much as possible right now.
how to buy more btc when you're out of fiat?
the smart ones do
i cannot tho. i am out of fiat. how do i get more fiat to buy more bitcoin?
that's a win for me. bought the dip
my reaction to my robinhood, coinbase, and trust wallet accounts.
not much i dont think, maybe 24k is the lowest below that the buying pressure would be immense. it hit 29k and 500 billion exited and entered the market in under an hour. its probably going to 70-100k soon then crash to 54k and everyone will freak out again then the third wave will hit then people will think its never coming down and we are in a supercycle dont let them fool you.
i'm in at 3k a coin
, it is crazyyy
well the wreck of it can still be regarded as art if banksy auctions it at sothebys and increase in value manyfold.
if you take a time average of the height of that plane, it’s higher than zero. ok, it’s highly volatile, but on average it’s positive. this is good for altitude.
it will be, just hodl
don't hodl the plane or you will get injured in the crash
at least 3000 euro for the gas turbine, and probably 1500 euro for the plane body and the receiver. the turbine might still be alright (if the fuel line, and not the turbine itself!) and the plane body might be repairable.
wayyy less expensive than my current losses if btc does not return.
no such thing as dips. only dca
leave before the crash or you will get injured with the crash.
that was my reaction to my portfolio last week.
yeah, that would go straight up in a vertical direction and land on the moon.
what driver? i thought it was a toy
yeah sure, i was regretting for not buying more anyway. i do not have much to buy though
no, six people died.
the amount of people not realizing this is an rc plane is surprising
i was in the bitcoin plane when it crashed.
isn't that a toy plane?
yea been watching that one for a while had a friend by at 3 told him to sell 48 he went 💎 🖐
search for exchanges in your country.
bitcoin cannot go below zero though
yea the end of the video is a perfect example of when to buy
and i still don’t get why people don’t understand this
i think it’s remote control. no pilot
remember: a burning pile of rubble means a great buying opportunity xd i say that only half joking.
i think he likely meant cartoonish
make more fiat so you can convert to bitcoin.
damnit? this may be the last time bitcoin is ever this low.
hustle as if bitcoin is going to 300k within the next 5 years (which it is).
people still use robinhood? do they allow crypto withdrawals?
lol there’s no buying pressure no one’s eager to catch a falling knife
it rarely falls below the ath of previous cycles. so i don’t think it’ll go that low.
can you show a bitcoin in a museum as art? that will be the greatest modern art ever invented - just the empty room with wifi signal. the exxhibition will put a description of the artwork: here in this room, over wifi network bitcoin are being traded online. price of this artwork will reach millions of worthless dollars. peak of humanity indeed
even a dead horse thrown out of 110th floor will bounce back
yes indeed! admittedly though i was more concerned about my futures contracts because i had bots running grids and they had just opened longs, fortunately i was diligent in my risk management and unwound enough risk to make that liquidation price blank so i wasn’t subjected to any liquidation. as for my spot coins usd value plummeted but i didn’t actualize anything so my wallet is still worth what it was before the cascading liquidations. my go to bear market strategy this cycle is to farm (on established protocols) all my defi coins until 2024 regardless of usd value and then see where that puts me.
psh, i just got (un)lucky?
yeah i think so. i did not even realize at first :
i'm pretty aware that i can search for lists of anything in the web. but if i ask, i do it, because i prefer a list of exchanges cured by human experience and not by some stupid ranking algorithm.
buy houses near volcanos?
hahaha yes! upon rewatch i just noticed how small the plane was! i did not notice the thistance between it and the people standing there. wow, i feel like a dumbass lol
model pilots have the right to live too! \
no he did and it’s hilarious as well 😂
tried that and now i'm a colostomy bagholder. ' "what's the coffee do?" "give it that money feel!"
is that you j pow?
people say that every week hahahaha. it was like a couple weeks ago i was hearing “ it now, we might never see btc under
could be. or it also could be at 15k in a month.
that's what my brother-in-law said about tsla when it was at .
doubt it. it’s going to crash in the next 12-18 months.
depends. how nice of a knife is it?
explain the highest buying pressure at 29k in btc history then.
check glass node metrics. whales have been absolutely eating this dip up.
and here we are not even 10 hours later.
coinbase basically made this bet giving out loans at 25% value when btc was 64k
that is said a lot, but it should also be noted that we haven’t really seen enough cycles to prove this rule. but i like the sentiment and i really wish it is true!
the chances are not zero though and it does not make any sense to consider previous ath.
you might aswell just print the bitcoin blockchain and start a hard fork called bitcoin art. transactions could from then on only be setteled with pen and paper in this specific museum.
the model is broken! sell!
yes, the chances were not zero, i was regretting not buying more for cheap anyway
unlikely 15k but lower it could be most definitely.
the funny thing is , bitcoin is just as unsafe as some fucked up stock's. but people pretend like bitcoin is a safe spot to put your money in. when the last bitcoin is mined, or someone just say bitcoin is dead and enough people agree, it is just worthless
it could go right down to 3500 or so. it sat there for quite a while in the past. but you know what they say "the worst time to buy is tomorrow and the best time is right now."
evidence or you’re wrong lol
"if i do not see it it is not there" why people be silly
well obviously people are retarded
oof. i'd be so curious to see statistics on the number of retail investors that trade crypto on margin.
too high of an interest rate to be worth it. if you get security, 6% or lower charge. these companies give asset backed loans and still want to charge like they’re taking on big risk.
nah it does not. he is a dumbass.
same with euro and usd man…
because the pumper are bitcoin vets. they bought it for -. they pump, when all retail investors are in. they dump and buy back at low price. buy dip and sell before the whales dump is the rule of the game .
yep. it literally has zero use now that crypto has evolved. the only reason it retains its value is the same reason pokémon cards do. because enough people want them that it creates a demand. initially, if you wanted to pay for something with crypto you only had one option. that’s not the case anymore. there are others that are 1000x faster and 1000x cheaper. the bitcoin blockchain is proven secure which is what it has going for it, but other blockchains will prove the same reliability over time.
it's kinda safe, last whole decade was safe wtf you talking bout
who ever said that bitcoin is a safe spot? i mean - are there people that seriously say that? stocks are safe if you put money in a solid company you can expect dividends and steady growth on the long term, like decades. btc? it’s the definition of unsafe for god’s sake! that’s why big gains are possible, as well as almost crashes.
what do you mean? i look in my wallet, 1 btc = 1 btc. oh wait, do you mean that other number? yeah idk why that thing goes up and down.
good thing we will never see the last bitcoin mined. way way way past or times and your grandkids times
well, that’s why you can’t hold just one asset. all individual assets are the same as btc. there’s some faith involved.
don't know what you mean by enough people
you’re probably too young to have been taught about joe kennedy but you should still know what “pump and dump” is in this regard.
yes the people who bought the bottom of the most bullish asset in history with 500 billion are retarded.
i had these thiscussions with a mate of mine, and it is true, but dollar an euro are backed up of the life's of humans, i guess, because so many people are getting payd with it. also next euro 'm totally in for some new currency like credits
and that is why everybody must just hodl. bitcoin is real. it's long-term prospects are excellent. the volatility will continue on the way to mass adoption. so, the only smart thing to do is to just sit on it. it's that simple.
yet all other crypto move when bit coin does.
your conclusion that btc has zero use is just completely false. bitcoin does not, let me repeat, does not have to be used to pay for anything. the only thing it has to do is be the most secure form of wealth preservation in the history of the world. it is a store of value better than anything else. yes, there is volatility now but that is only to be expected given it is lifespan. it does not have to be cheap nor fast, just the most secure, which it is now and will continue to be into the foreseeable future.
bitcoin is the safest and most decentralized crypto, do not be talking shit
there are people who praise it can only get higher, and will be in future 100% , temporary low now you need to buy bla. it's just gambling and people need to stop thinking it is only getting better, if it is only getting better, this wouldn't work at all. it's the risk that people cannot see because some shmok on twitter told them in the past
very clever, try to buy something else besides pizza or drugs with your btc. try to tell your landlord you are paying in btc,
i mean was not it musk who said he does not like this and it just crushed 50%? thats what i'm thinking are enough people
if you’ve ever zoomed into bitcoin’s price curve, you would notice it has followed many of these “pump and dump” curves. there’s nothing saying it absolutely can’t keep following that pattern
i think next fiat currency crash is imminent. hundreds of billions are printed every year in europe. so i think cryptos have its right for existance ;-)
statistically speaking the euro and usd will eventually be worthless with the continued printing and no longer having a "backed by gold" standard. eventually countries will no longer accept it and it will be worthless. just like with venezuela
it’s still top dog (based on market cap) which means it controls the market. it could remain that way for years, but it doesn’t change the fact that unlike many other newer cryptos and blockchains it has no true use. some say it’s a store of value but i say it’s more of a novelty. can it be used for transactions? yes. but that doesn’t make it practical.
that's because bitcoin is the leader of the charts, other coins follow its chart like mirror
if you’re implying that the level of decentralization and security of other blockchains are poor enough to justify utilizing one that’s 1000x slower and 1000x more expensive to transact with then i would thisagree.
i have a number of ceypto in my portofolio but i underatand my money is extremely at risk. i mean, if that was my bills money i wouldn’t sleep at all and would eat anxiolitic drugs to get through. stocks are also a risk but depending on conservativeness in investing are pretty safe long term. if people think crypto will save them, make them rich for sure - they’re just brave. and with being brave you risk being killed. brave or stupid, same difference sometimes.
it is limited and not tangible.
keep dreaming… this simplistic “printer goes brrr” argument is getting old.
the only use-case for shitcoins is so that shysters and charlatans can create unregistered securities to foist into the greedy grasping claws of degenerate gamblers. they are literally used for no other purpose.
>it’s still top dog (based on market cap) which means it controls the market. that is what worries all the investors and that is why they flee. what was the minimal price with this block reward again? could be a nice restart position ...
wrong. it's use case is as digital gold and just that gives it great value.
didn't imply shit. just said it is actually the best crypto currency overall
thanks for putting things in words for me. i do not mean that crypto is a moneysink or its bad, but it is not what many people expect it to be, an alternative payment... maybe in the future we get things like that, but today it is totally fucked up to spend money on it for "the long term" or to get rich.
you say that as if fiat is not limited, although i believe you are referring to the 21 million minting limit. of course that is not ideal, but over the next ~100 years, bitcoin will be produced much slower, and keys will inevitably be lost forever. i only see the price going up in this period due to rarity. on your other point, tangibility when it comes to currency is not preferred. according to the vox, less than 30% of all transactions these days are carried out with tangible money. it’s inconvenient and slow. bitcoin, on the other hand, is at least as fast as using any fiat digital banking system.
this has been one of the reasons 2008 for btc. and the crisis itself.
because crypto hasn’t evolved to the point of being a monetary standard for use in everyday transacting. it will though, unquestionably. in the future, loans will be issued via blockchain smart contracts, you’ll pay for your groceries via crypto, banks will transfer money to other banks via blockchain, etc. just because the practical use hasn’t yet been implemented doesn’t mean it doesn’t exist.
for some projects, yes. but not every altcoin us a scam like that.
far from it in almost every aspect, the most important of which being practical use.
and being banned by governments. crypto will endure as governments adopt it but bitcoin won’t.
true but that system may or may not end up being based in btc and that does not matter for btc. it's only required use case has been fulfilled which is digital gold.
every single one of them that is not an outright fraud is an affinity scam. i mean sure, there is money to be made from scamming people. but it does not change it from what it is.
orly? which coin has practical use then?
wether or not some countries ban crypto, it will still have value in those that don’t. crypto runs independently, similar to the stock market, and doesn’t necessarily need a government to survive. it has already proven that by holding value today.
“digital gold” is the most absurd excuse for something that has no use. it’s an admission that it only has value because there’s limited in supply and people want it (like pokémon cards). once people stop wanting it it’s useless, unlike gold, which has actual real world use that keeps it in demand (i.e. computers)
i mean you're obviously wrong, but sure whatever.
golds only actual value and the only reason is valued at near 2000 usd is because it is a store of value--nothing at all to due with its minuscule use in computers or whatever. if it were valued based on its industrial use it would be priced like silver or copper or less. 99% of golds worth is because people value it to hoard, and why? because it has certain characteristics that other metals do not and it is rare and hard to get. it does not rust or degrade, and any piece or flake of gold, no matter how it looks can be melted down and by weight retains its same value. stones can be ruined by bad cuts, silver can degrade in certain elements, gold can be cut any which way and into any size and retain its same value, which is a very important quality for something you want to act as money. every bit of gold in the universe was created during super nova events, its highly unlikely humans will ever have the energy to create or turn some other metal into gold unless we harness the entire energy of the sun in a dyson sphere or something. gold was hoarded and come upon to be used as money by civilizations separated by time and by oceans that never met, and so never had contact w. any civilization that could mine gold, came to hoard it as an ultimate store of value and wealth, and many civilizations came to this notion separately throughout history and without the need of it being prodded or suggested or forced upon them. its likely if there are other intelligent species in the universe that they too use or have used gold for the same purpose (mainly as money) if gold indeed exits on their planet. gold gets almost none of its market value due to its demand for jewelry, or industrial use. you often hear people talk about its use outside of being a store of value, but the truth is it has very low utility, and that is actually a feature you want in a monetary metal. you do not want the thing you use as money to also be something that might sometimes be in high demand for some other market purpose, thus driving up your value of money (and all goods), because of a single market segments connection to the metal. 99%+ of the gold ever mined sits 'unused', as a store of wealth in vaults etc...the rest may hang off someones ear or something, but its totally immaterial as to setting the price, no matter what analysts might babble on about on tv. the amount of gold used in industry is tiny. the point of all this is there very well is a place in the world for something to act as a store of value that does not get traded back and forth all day long to buy coffee and pizza etc. something that instead is used to secure an individual or countries wealth and is mainly used for large transactions, moving money around, and less so for purchasing daily goods. gold has been this thing in most of modern human history, but maybe btc could take some of this market, at least that is the idea. i do not think it would ever take 100% of it because there is still a place for a physical representation as well imo, but who knows. just because btc is not used on amazon or at the grocery store etc, or seemingly 'has little use', is not all that concerning imo so long as it maintains its role as a way to protect a persons wealth against money debasement and people trust it to continue to be a true deflationary asset.
i come from a country renowned for its gambling culture. i know gambling when i see it.
i wish i had the patience to write all of that. perfect analysis that i predict will go without a rebuttal from nacho.
as my native is spanish, i can tell this explanation is dumb-proof, he nailed it perfectly.
who's the guy in the painting behind him?
bullish! btc should drop by at least two grand.
i do not speak spanish yet i still understood, so simple
wow, it is downright bizarre to me as an american to see an elected president presenting a technical thing like bitcoin so fluently and enthusiastically... this is not something that a us president would be capable of.
wow. this is huge, i love how the guy has a priest behind him while he teaches about bitcoin also.
this is gonna put those isolated central american countries and not-so-greatly-visited south american countries on the travel list. a whole new way of tourism. my expectation is this will be a country to country domino effect.
can we have young people in charge please, i’m sick and tired of 70+ year old geriatrics controlling our country.
bitcoin is high but they started this revolution and now that china has shut things down it will only get better. we want green and things will go green... read this article!
i do not even speak spanish and this makes more sense than banks.
i’ll bet western union is in full panic mode
translation: “we’re gonna look at the case of payments. one of the reasons we approved the bitcoin law is precisely to help people who send payments. as you all know, for people who send and receive payments, they pay commissions, high fees, and a lot of other problems. here, these problems go away. let’s look at aunt rosita in the usa, and miguel here in el salvador, and aunt rosita wants to send him a . as you can see she wants to send dollars and miguel wants to receive dollars. using the government wallets, she can send the , and miguel chooses -as we said at the beginning, it’s completely optional- to receive dollars. and therefore he receives . what are the advantages? number 1: it’s instantaneous - it’s not going to come tomorrow or the next day, in 2 or 3 days, or monday, or after the weekend, no. it’s immediate. you don’t have to stand in line, or go anywhere, or wait in the queue to try to pay your money. no, the money simply arrives. there aren’t minimums. it can be a remittance of , or if , it can be a remittance of 50¢, or can be one for , it doesn’t matter. it can be , it can be , or 5¢, there isn’t any minimum. it works at any time. it’s not at 8am when the remittance office opens, no! you can send it at 1 in the morning, or whatever day at whatever time. 24. there isn’t any middle-man. therefore you don’t have to pay anything. as you all can see here, all of these benefits of the wallet when making payments -that it’s instantaneous, no lines, without minimums, at any time 24, with out intermediaries- it gives you the ability to send, for example, a payment of , that person can receive the , in dollars. and they can then use that , for example, a gas station or pharmacy that’s open 24…”
this man for president !! oh, wait...
imagine bitcoin hits 500k and el salvador is now a world power.
it wouldn't surprise me if other countries that use the us dollar as their primary currency are next in line to adopt bitcoin. looking at you, ecuador.
link for the full video?
why is there a gangsta pope behind him?
are they using ln?
did he just say that he legally f**ked all the banking system parasites and all the other economic leeches? well done!
my question is, what is going to happen in these countries that adopted bitcoin early on or started using it as their main currency when the price of bitcoin goes up drastically? will it be like middle easter countries that used to be poor and then found out they had oil, except it will be spread out over the entire population instead of to a few owners? i feel like it could be interesting to watch their economic positions in the coming years.
my expectation is this will be a country to country domino effect.
wonder what the age difference is between president of el salvador and usa. looks like 40 years. maybe that is why el salvador is thinking young.
there is going to be a gov. wallet and they are covering usd bitcoins spread to transfers in the country.
does the app use the blockchain? are the transactions through this app on chain?
may be someone can subtitle this video and share on youtube for the mass ?
el salvador? more like el dorado they are set up for a booming prosperity, wish i could join.
guy looks like a 16 year old, with vision and wisdom of a 60 year old. 👏🏾👏🏾
luckily you're allowed to use other wallets. he creeped me out when he unveiled the face recognition system and id.
imo this is the true strength of bitcoin, as a remittance and exchange resource, i work for an exchange and the biggest part of the business relies on companies trying to use bitcoin as a swift replacement and people making remittances.
why is there a picture of the pope behind him looking like he just finished his training programs in the matrix
this is fascinating because to most people in el salvador, i imagine they are totally unfamiliar or have not even heard of this. for many spanish speaking families, relatives end up living in 2, 3 maybe 4 or 5 other countries around the globe and sending . imagine telling a majority of the population in a country about something "new" that will end the fees, save them from waiting on intermediaries, and let them send money to all their relatives globally for hardly pennies on the dollar. this is going to change central america and south america completely - if brazil or mexico follow suit, the dominos will tumble.
the ultimate yolo, god speed el salvador.
after 4 years of watching videos about bitcoin in english, i felt the power behind bitcoin more from this presentation in spanish than any other video in english. maybe because it is in a different language and helps me realize how big bitcoin is and will be. and how it is finally happening. it's finally going mainstream. el salvador is my new favorite country.
this guy understands and explains bitcoin better than 99% of people.
this is the best president i have ever seen!
it’s hard to use bitcoin as a currency, because the price of bitcoin is up and down. some day it can be worth
so basically the main benefit of all this is to make it easier for workers in the usa to send wages back to el salvador? great!
he’s explaining how the bitcoin government app works. like any other cash app. am i the only one who sees this a bit concerning? this app is run by the government. isn’t that the appeal of crypto, to decentralize currency? please help me understand why this is exciting and not concerning.
there it is 39 years young. there needs to be age limits for president and elected officials with term limits. then maybe the usa could approve a bitcoin etf.
this is how you become historical.
so interesting. there is going to be a gov. wallet and they are covering usd bitcoins spread to transfers in the country. in other news i heard the gov is giving away a little bit of bitcoin to get people started. i assume they will get usd and bitcoin wallets. this is truly transformative.
i have a feeling el salvador is about to receive a giant helping of us freedom™.
being an early adopter, he is going to make his whole country filthy stinking rich
“sin intermediarios”, perfecto, ¡señor!
i found the full video posted here: > wow, this was perfectly and very clearly explained! > > it clarifies all the main doubts and confusion and debunks all the fud the opposition was spreading in el salvador (extremely corrupt opposition that governed for decades making the nation poorer and more crime infested and is against this law). > > this president and his team is turning this nation around fast! crime has been declining dramatically since he has been in power (2 years ago) and people here overwhelmingly likes and supports him (around 90% approval rate). > > vamos a seguir progresando con este nuevo sistema financiero basado en bitcoin, hermanos! >
this is going to work so amazingly well. its brilliant. read carefully. by gifting into a lightning wallet usd, will overcome the big flaw with lightning. having to have some to start. we all know you have to have sats to start using lightning. chicken and the egg sort of thing. brilliant this will work!!!
he is a legend. history will not forget him
meanwhile our president says “my husband joe beiden” 😂😂😂 our president still doesn’t know he is president, you explain joe about bitcoin his brain will fart 💨😂😂
good job! good president!
perhaps a dumb question, but why is he talking about receiving dollars and not btc? i thought el salvadorians were all going to be paying with and receiving btc.
there isn’t any middle-man. therefore you don’t have to pay anything.
a hard wallet would be more than a months worth of salary. the average salvadorian will need to interact with the governments app
how did he explain how bitcoin works? he explained a process to transfer cash like people in the states do over zelle or venmo. after that, he explained you can use said transfer at accepting locations akin to the states. how did he explain how bitcoin works?
isn't this guy an authoritarian...?
amazing the mental gymnastics at play in this thread when he’s literally pushing a government custodial app, not bitcoin where’d all the libertarian-anarchosyndicalists with their nyknyc go ???
yet biden struggles to remember his name...
bitcoin government app? is that an oxymoron?
us banking cartel sponsored coup initiating in 3... 2... 1...
imagine joe biden explaining on national tv how bitcoin transfers work.
suck on that altcoins
while i support crypto, this is kind bs. i know he’s over simplifying but people will be in for a rude awakening when they realize there’s a catch. the aunt sending ’t include miner fee and on top of that’s it’s not instantaneous. everyone who has used crypto before knows that. depending on congestion is on any particular day, it may take shorter or longer to receive the coin. i wish he would have been more transparent.
what about criminals holding you at gunpoint to give away those bitcoins ?
muchas gracias por publicar este video y importante información.
a moneygram no le gusta esto. jajajajaja moneygram does not like this. jajajajajaj
he explained absolutely nothing about how bitcoin works. quit your bullshit.
i do speak spanish and he did not mentioned bitcoin one time ,i assume they are using the blockchain to send and receive money he went around to explain how at any time you can receive( dollars )
accept now the . she is told to hold it and it’ll go back up in value but her kids are starving. so she sells it and takes the .
i thought there was a transaction cost with converting us dollars to bitcoins? where is that in this explanation? even if everywhere in el salvador accepts bitcoin, what are they going to do when the price of a bitcoin swings 5% on a day? if i am sending , then it could be worth only . why did they select bitcoin? i would have thought that a stablecoin would be the way to go?
he said something along the lines of "governenmt wallet". i may have to read more up on this. but this does not sounds decentralized at all.
why is it a big poster of pitbull behind him
he basically says that everyone can send any amount anytime, instantly and for free. how does he intend to do that? we all know that bitcoin transactions are neither instant nor free.
this feels like a massive humanitarian crisis in the making. due to the severe limitations of bitcoin, all of the day to day transactions will be made off chain and processed by a centralized third party, and most of the accounts of salvardoran people will essentially be holding tether, and whenever the bottom eventually falls out of that mess they will lose everything.
a translation, or just the key points would be great if anyone here knows spanish!
btc should be skyrocketing rn but it’s not.
ok, it would ba amazing to have a platform to trade with bitcoins in normal life, like we do with creditcards now. i feel motivated :d
wait... i watched the whole video and did not understand a word.
how do i make powerpoints like that?
i do not know much about nayib bukele, but the fact that he is embracing bitcoin speaks volumes. others will follow.
way the is this 👽🚀 but no habla. would love to hear in english, i thought i heard, “bitcoin to the moon”
how is he meant to keep his people poor without having the ability to print money?
good, powerpoint is about to skyrocket!!
i smell bitcoin whale!!
a healthy amount of skepticism is good and all but jeez this is a good thing. it's a government app, but if their intentions were to control, they would've stuck to fiat in the first place
who's the dude in the dress in the painting behind him? it reminds me of that famous marilyn monroe photo.
excellent! power to the people! fuck the banks✊🏽✊🏿✊🏻✊🏼✊
in my eyes, what a legend
i love how the guy has a priest behind him while he teaches about bitcoin also.
bitcoin will be adapted in no time
does anyone knows who is the guy in the paint on the back?
life should be easy as that! the banking system is totally obsolete!
won't aunt rosita have tax obligations in the us for that money she sends?
nowbody says something about the bitcoin blockchain transactions fees?
as someone who used to send his father money through western union, this is a game changer. western union charges you 10% on the dollar and even more if you send less than 50$. western union can also cut you off for any other reason.
this is a perfect example of a man who works for the people that voted him in!! bravo, preseidente. i would vote for the guy... after i get my permanent residency for opening my el salvador wallet. chivo.
there’s no transaction fee? also he says there’s no minimum, wouldn’t the transaction fee be higher than the amount sent? or are they using lighting network ?
imagine if this guy just wants to pump his own bitcoin bags 😂
didnt even trend on twitter lol this is such a wild moment most dont realize
what's up with swaggy pope in the background
i love what they are doing, and other smaller nations like this should follow suit. this presentation puts this on a relatable scale for their citizens. but in a broader sense, the president of el salvador just pegged his national currency to "whatever the global market says." if a nation takes up laws a major power finds unfavorable, they can destroy their fiat money and ruin the economy. that becomes a little harder when that nation's money is global.
where can i see the full presentation (bitcoin)
i just sent this to my mother. we have family in the caribbeans that she constantly wires money to via western union. if anyone has a link to the full clip it would be very helpful!
this dude is bold and badass. very cool! 😎
is that a painting of mr. worldwide pitbull?
honestly good visuals. that was what a presentation should be as far as i can tell. note: i only speak english.
glad to see they figured out a way to avoid the huge remittance fees. buy . and if lucky may get a small bump in value, but .
it's gonna be a bit longer than that to explain it to everybody lol.
what a chad president. muchos respectos
who's the guy in the painting?
can someone explain me what he meant by “la wallet del gobierno”... is the gov setting up a government-sanctioned exchange?
he did not quiet explain bitcoin but the wallet application and how it works when it comes to people in the states sending money to family member back in el salvador.
soon, americans will be fleeing to el salvador.
i understood clearly. perfectamente !!! ya que superen y que invieratan en crypto mining.
the perfect video in spanish to show my parents!!!
the hero we need but few deserve💪💪💪🙌
right same thoughts, i really like seeing a person in power explaining in simple terms what is so good about btc. very easy to follow even if you do not speak spanish.
pretty genius for countries with a lot of remittance!
this guy is so fresh. love it.
no banks. i can see that part...
that’s not how bitcoin works at all but okay this is progress!
fuck, here comes the great reset and i’m not done stacking.
idk why this says explains how bitcoin works and yet he said nothing about bitcoin he was talking about money transfer from usa to el salvador they have a virtual wallet that’ll let you get your money instantly instead of sending the money to a bank or other place and paying a small fee
follow for chart analysis and updates
we have come so far...
i speak idiot, it was clear as my wife’s boyfriend’s body language
i was wondering why the us government was beefing up the department of the treasury’s financial crimes enforcement network (fincen). makes sense now.
dude bitcoin is only getting bigger and i feel like this is just the tip of the iceberg.
wow! i hope el salvador and other countries start using btc
donde esta el video completo?
that's not how *bitcoin* works, it is how a transaction works.
that is not bad, a country like that accepting a currency like that is amazing.
this guy fucks 💪🙏💖
so is no one going to talk about how hot the president of el salvador is??????
born and raised in el salvador and reading the positive comments from people around the world makes me feel that lost pride for my home country... and if y'all read the comments from salvadoreans you would not believe it some of them think that is it is the devil's work! they are so against of crypto that i just do not understand why!
what ever it is... if the people is supporting it unanimously... it gives value... price fluctuation would not matter
bitcoin isnt exactly instant though is it? there are alt coins which are better for p2p transactions
almost at the end he says you receive the money in dollars, which is kind of misleading.
i want such a president
this guy's great. but dae wonder how many bitcoins he loaded up on before pushing this forward?
could you drop a link to the whole thing? this is super interesting.
this is the proper length for a powerpoint presentation
i dont speak el salvadorian but theyr way ahead with bitcoin.
taproot and schnorr signatures will add another level of efficiency, now more countries will follow... all of this is so amazing and its amazing to be here witnessing it!
el salvador living up to their name. it really shows when a leader is forward thinking.
were is the full video?
this is as bullish as it gets
he looks so young. this is what the world needs. not even a crypto investor but this is such a step forward for so many countries.
it's nice to see humans evolving, real time.
tia rosita pls send me 30 btc. no fees and instantly wink wink 😉 😆 this guy is hilarious. and still wait for all the salvadoreños leaving in the usa to get money back in the country, great way to run your country.
what about the transaction fee !?
this guy bout to get epsteined
simplicity is genius - satoshi nakamoto
wonder why they don’t just exchange dollars at their banks lol, same shit as venezuela “very simple” “ya know by using government wallets” dumb fucks…
oh no please do not reference the united states of america when giving the presentation because we will then be blamed when this ends terribly.
coursera is in danger !
don’t zelle and cashapp do all those things already? albeit domestically but i’m sure they can expand internationally. what does this have do with bitcoin? he never mentioned bitcoin. also, what is beneficial about sending ?
i do not understand a word of it. i'm just mesmerized by the papal painting behind him.
i have this strong feeling the dude will soon face "rebellion" in his country, or "commit suicide" or have any sort of tragic "accident". they would not tolerate that.
watching joe biden try something like this would be hysterical
anyone got a link with subtitles?
i do the same with wise...
i am an american citizen and i consider myself an american first and foremost…….but i have never been so proud of being born in el salvador as i have been recently. people do not know the history of my country of origin and how they were screwed over and over by the american government and other countries. they only know the “drug and violent” things that revolve around negativity. i really hope this is a shift in the tide! people there are great, loving……the bad ones have just grown up without parents and around a lot of violence and a decimated country due to war…….so excited for them. i truly hope this works. thanks bitcoin!
as a spanish, this was fully comprehensible. 10.
this is real marketing
my prime minister is a total moron
reminded me of the time when andrew yang said he wanted to do a powerpoint presentation during the the state of the union, while yanggang chanted "powerpoint powerpoint". nyc was a mistake.
do we have an english translation of this?
can he explain who that badass gangsta priest is in the background, looks like he dropping the new gangsta gospels or someshit
how does the volatility factor into btc used as a currency?
now i want to see uncle joe try to explain how btc works! 😂
noob question: what are the fees rosita pays in that example, to send 30$? i assume they will be way lower than western union or other services may ask you, and with all the benefits stated in the presentation
i'm more confused than ever. usd? what about blockchain fees? and "instantaneous"?? they must not be talking plain old btc. are they planning to use this for point-of-sale (pos) transactions? can people use their own wallet? are they locked into a govt exchange or proxy service? i'm 100% behind the idea of crypto as (inter)national currency, but now i have no idea how they are implementing it.
this guy is great. i love him. he’s bringing progress to el salvador in many ways, by the looks of things. his approval rate is insanely good too. 🐐
who is that maifiso in shades behind him?
does anyone have access to this entire presentation
nice bitcoin supporter guys
i know very little about him, but from what i've seen so far i think he is great and that other countries have their eyes on him as an example of what to be, how to talk, how to benefit your country.
is it possible to get an english translation?
now when you get kidnapped in crime ridden el salvador it is much more convenient for tia rosita to pay ransom for your life in near to instant manner. >country summary: violent crime, such as murder, assault, rape, and armed robbery, is common. gang activity, such as extortion, violent street crime, and narcotics and arms trafficking, is widespread. local police may lack the resources to respond effectively to serious criminal incidents.
yes and there is a high probability that other countries will adopt this soon
is the national wallet custodial? if it is then what's the purpose of btc, they will just "print" more when necessary.
this is so awesome!
he obviously had to ultra-simplify it. the intermediary case though - he says there are no fees whatsoever, but miners are intermediaries in that sense.
although it is in spanish, i can tell that he is an excellent public speaker.
i just realised the whole point of this is to facilitate remittances now that biden is tightening controls, wow.
how long before the cia fund is untimely demise?
bitcoin is going to be a great tool to persecute anyone who funds his opposition. can't hate this dictator in the making
i need a translation to share with family! 🙏🙏
love it x kimuni x
this contains more financial literacy than most americans get their whole lives
the president of el salvador is also a wannabe dictator who couldn’t give a fuck about the rights of his opponents and has literally stormed the country’s legislature with his own goon squad. fuck this clown.
can we get some english subtitles?
how can one man be so based
how's his security? asking for ~~the agency~~ a friend
soon people in el salvador will be living better than people in america ! joe biden is an illegitimate president
love to see other emerging economies do the same….
just awesome - what a big advocate that will be…190+ countries to go
embarrassing that north america is behind on adopting bitcoin as legal tender like wtf 😳 shameeee i always thought we were the best 😕 we cannot even approve an etf (except for canada) lmao *shakes head* like really???? 🤣
i gotta get some better sunglasses
where i can find the complete video?
i like bitcoin alot since it paved the path for crypto but trying to hide its flaws with a bad layer 2 solution isnt a good idea.
in el salvador, . same is true in mexico and like 50 other countries of the 156 officially recognized countries in the world.
sounded like he was talking about how to use the government’s wallet for remittances, not bitcoin. where was the part about bitcoin except perhaps to send dollars by converting your bitcoin to dollars?
this is awesome. but btc is stable, so what happens when that 30 usd that you sent is suddenly 21 usd?
i love it… but the only problem i see, that he didn’t cover, are the fees the btc charges for moving it around. trying to send only . 😢 i’ve always seen btc as a store of value, not as a currency. please let me know if i’m wrong and how we get around the fees?
wow he’s so young. now i see why he’s pro crypto.
it works at any time. it’s not at 8am when the remittance office opens, no! you can send it at 1 in the morning, or whatever day at whatever time. 24.
it’s instantaneous, no lines, without minimums, at any time 24, with out intermediaries
there aren’t minimums. it can be a remittance of , or if , it can be a remittance of 50¢, or can be one for , it doesn’t matter. it can be , it can be , or 5¢, there isn’t any minimum.
you don’t have to stand in line, or go anywhere, or wait in the queue to try to pay your money.
translation: screw you western union!
that's some example many should follow. my country's fiat, loses it is price every year, drastically, while cryptocurrencies prices are increasing like mad.
in regards to solving the remittance issue, what happens if the usa put blocks or restrictions from people from el salvador being able to by crypto from an exchange?
i do not speak spanish, but it looks to me like he is explaining how venmo works.
its too expensive in el salvador. average person makes . no way in hell btc will work for them. they cant afford the fees alone. this is silly
guess i'm playing catchup but how are they dealing with the slow transaction speed and cost per transaction?
whoo hoo! drug deals! way to go el salvador (yes, sarcasm). the example is of an aunt sending . lol, come on auntie, i need to pay to get my daughter back! come on there’s no feeees🙏🏾
shouldn't this be send , get ? oh, and wait 30 mins?
if bitcoin could solve fees and speed it would be a real solution. volatility is meaningless, scarcity > fiat hyperinflation.
what about fees? they say there’s no intermediary, which is great, but what about the fees to send btc that we’ve all been dealing with?
bitcoin is not a viable currency, transactions times are faaaaaar to computationally expensive. the cost for processing a transaction is more than the $.50 can of beans they might be buying. this is a mistake which will bankrupt many of the countries citizens. proof of work just cannot work.
sounds like "dollars" with more steps. don't they know the only real, legal "dollar" is ?
did he say how it uses more coal fired electricity than most small nations and that is is contributing directly to the impact of climate change on his country? oh. he left that part out.
the simplified presentation overlooks gas fees. a no-fee peer to peer transfer requires both parties to use the same kyc app. sure, maybe not bad, but this does not even factor in spreads (and volatility). mind you, crypto as a bypass to swift is huge
his drug empire will get exposed by usa and it will be final nail in coffin for bitcoin. enjoy your free 30 dollars that become 10 dollars because of elon tweet! :d
but why a government like salvador embrace bitcoin, it is supposed to be against government central banking
i already use xoom which has all those benefits: instant, no lines, 24. my relative in el salvador uses his banco agricola app to get the money in his account instantly and his debit card to pay for goods and services. what am i missing?
that should tell you how stupid it is to use as a currency for a country in the way it is built right now. developed countries are not using this, why do you think?
no one ever gets the full amount of money because of transaction fees
the nsa is already preparing their "guns" and pointing at el salvador and the president.
start the revolution! satoshi would be so proud! corrupt governments. scumbag politicians. banks. institutions. dirtbag influencers. there’s a glitch somewhere in the simulation. this is not what was intended. hoping it all gets wiped out, or we’ll all be moving on from bitcoin. those that still care anyways.
what happens when bitcoin runs out? can't print more bitcoin
el salvador is going to hit zero
admirable! however, why is the pope’s painting in glorious splendor in the background?
i'd like to know how many people getting a boner for these news are from el salvador, or have even been to the place? this is a shitshow in the making...
bukele is moving el salvador forward with several of his measures, and i respect him for that. but i feel that in the long run, many of his policies go against the rule of law (like the time he entered the congress with the army threatening to get a law passed), and as a consequence, would give bitcoin a bad name.
super cool until "power point" i hate power point
just needs to swap out the old man in a robe with a portrait of an akita, and add some lambos to the presentation.
i stopped at "el wallet del gobierno", i.e. "the government's wallet". why would a salvadorian citizen involve the government in a bitcoin transaction? you do not need the salvadoruan government's involvement to send or receive bitcoin, why would you add those crooks as a middleman? they can easily change the law (or the government) and keep all your money. no thanks.
that was the most silly explanation from this criminal autocratic person. the national treasury of el salvador are answering for the bitcoin losses? that’s oxymoron decision!
jajajajaja este cerote de bukele soñando despierto, no todos los salvadoreños tienen celular, no todos tienen wifi. y si hay intermediario. siempre lo habrá en este caso el intermediario será el mismo gobierno!! e’pa maje tú crees que nacimos ayer cara de camello 🐫
i don’t speak spanish!
he's a great public speaker. no doubt.
can we get an english pls...
without understanding him, is he actually saying if you send someone , they will actually receive , and it is instant? idk if he nailed it because that is definitely not the case. fees are gonna happen and bitcoin is notoriously slow. i guess compared to traditional money transfers it is faster, and maybe i'm just dumb for looking at it through the lens of all crypto instead of simply bitcoin vs traditional currencies
the painting is of archbishop oscar romero. he was assassinated for his pro-humanitarian efforts
óscar romero. research history on why romero is significant to many . (romero is no longer alive, having been assassinated during a mass.) by the way, this sort of monetary policy, and public presentation, is something the us government should be doing, but el salvador beat the usa to the punch here.
it better get to 25k now!
i was thinking the same thing. my minimal understanding of spanish and my moderate understanding of bitcoin along with the simple powerpoint was enough for me to grasp this whole presentation. brilliant
yeah same, aunt tia is so cheap, come on miguel deserves more than 30$, plus is on btc send him more and will have a higher value
set the closed captions on youtube and change the settings to auto-translate english
i think i just learned spanish
spanish is my second language and i sometimes don’t even call myself fluent cause i don’t see myself as such (yet), but i can understand this perfectly. and the fact that you understand this, and the full on native speakers here say they understand, confirms that this is a great and simple explanation. probably going to send this to my family members that only speak spanish.
i must be retarded. i understood none of it. so is miguel and rosa trying to zelle each other and he is describing how that is no good or something and the talks about pros and cons of btc?
how much in fees does it cost to make a bitcoin transaction, the example here showed --. this it not like trading on a platform where you are swapping promises this is actually making a bitcoin transaction.
understand this: this is not to help, us salvadoreans,is just for him to get richer while mining with bitcoins in el salvador! mines built with salvadoreans money!
😂 and yet it’s sucking wind to stay above 30k. you mfs so desperate for a savior. ppt decks are so terminator 1.
american banks wouldn't allow bitcoin to become legal tender and steal all their money laundering clients.
don’t worry. here in japan our recent head of ministry of technology didn’t even own a computer nor use them... dumbfounding.
we elect idiots. i think the last president with any sense that wasn’t a crook was lincoln.
i have a co worker who’s from el salvador and still has family there. she was telling me this is the greatest president they’ve ever had. he doesn’t take a salary and is the only president who has actively stepped up to make the country better
i’m just tickled pink that this is getting so much traction in el salvador. if their president is giving a simple and clear powerpoint about it, they’re 110% serious about making it work. i’m cautiously optimistic.
also crazy that other countries elect presidents who aren’t 65+. like why are we always electing social security presidents (besides obama)
but they probably agree about restricting women's rights though, so there is that.
seriously, makes me want to move to el sal
no because the federal reserve would probably have his head on their meeting table.
i mean... i’m pretty sure obama would have aced it. he was. you’re right on the latter two presidents.
our current president would forget to tie his shoelaces and stumble on the way up to the stage.
oh come on. “person woman man camera tv” is clearly harder than explaining bitcoin.
lol. they guy whispers in the mic some nonsense condescendingly.
in the meantime the us president:
the priest is the most important historical figure in the country. this website has a great summary of his life and why he is so important. his name is oscar arnulfo romero. there's also a movie made by oliver stone nonetheless about the events that lead to his assassination.
wow this is huge, big news ‘ in the meantime bitcoin is plummeting down ‘
i thought it was a mafioso not a preist
i hope you voted for someone younger then.
you are right, too many old people who are perpetually power thirsty. but some different old people might be fine. it's about a lot more than just age, but i agree there probably should be a better mix.
well yes and no. i think the perfect age is like 40-50. too old and you've got someone that is not in touch with crypto and too young and you've got a child running a country. you need to strike a balance
if they actually voted, then young people would be in charge. i am not blaming young people for feeling they do not have a voice, but the same can be said of cuban-americans in miami, and now they run the city and the adjacent entities. so it is very possible to do, but if you do not have the will to do so, expect to continue to get shat upon by those who do.
amen… they’ll drag us into the 21st-century, kicking and screaming. and it will all work out in the end.
right with it, but not bukele (or not just bukele). a person like him who enters to the congress with the army for threating congressmen only gives bad reputation to young leaders and bitcoin.
the change of value over time of a bitcoin does not matter to the el sal community since it does not stay in that form very long. the reason bitcoin is important to el sal is so they can send money from us workers (illegal or documented ) back to family in el salvador quickly and without bank wire. it's then extracted back to us dollars in el sal since they already use the us dollar for their currency. that's it. they are not investing. they're just moving funds across international borders at zero cost. this is a huge collective value for cash input to el sal economy instead of bankers scraping millions every year.
hydro-quebec is waiting for the bitcoin wave with open arm
why does china not want bitcoin?
the ccp is always shutting down bitcoin some where in china.
check this interview summary of nayib
if you were living in el salvador what you should do? hwo can one invest in bitcoin? im clueless and just recently got my attnetion but dont even know were to start
if bitcoin hits 500k the people who funded all of the btc funnelled to el salvador and probably many, many more in between will be the world power
lol… his name is monsignor romero. he was assassinated by roberto d'aubuisson,the founder of the right wing political party arena, after romero denounced the army for killing civilians for criticizing the government.
they are. strike who is establishing themselves there use the ln
it uses ln, same as the [bitcoin beach]( wallet.
they just released their own wallet, chivo, which was probably later in this presentation. but any lightning wallet would do.
yeah i don’t get it either. how can they avoid fees? maybe everyone who has bitcoin within the country on the national app works from the same pool or something?
of course not, but who cares! mr. president is the savior!
most people are using the strike app, which uses the lightning network so everything is on chain. the government is also developing a wallet that people can use if they would like and strike is helping create it, so i'm guessing it will work similarly.
yes, it is a lightning app
bitcoin is the next evolution of money and a thousand year project. it feels like we are in the days of the dutch east india company in the 1600s but online. very cool.
who knows, but having more money could never be worse than having less!
bukele is around 39 or so
the iconography in the slide is all you need. his explanation is that simple. aunt rosita wants to send money to miguel and it can be any amount, any time, in desired currency without intermediaries to charge fees
im saavdoriand and have no idea how to join the train tho just trecently learning about what should i do?i dont even know what investing in bitcoin means lol.
i wouldn't want this, but it is probably for the best for the majority of people who have no interest in maintaining a seed phrase and being dilligent about security. imagine the backlash when a bunch of newcomers start losing access or getting scammed out of their bitcoin. it's better to make sure the least amount of people end up like this. anyone who is more concerned about privacy and such can use other means. also our identities are attached to every bank account and credit card we own, which we need photo id for. not really sure how a facial recognition system to access funds is much different.
as long as each btc is real and backed, this should be a step in the right direction
lol. that's not what keeps a country afloat: being able to send money out of the country or in from families. a country needs an economy. domestic is done in countries locally, internationally is done with banks company-to-company. international family to family is a minor percentage of anything that matters in keeping a country together. you're drinking the "rah rah go team" crypto bongwater that is passed around. as an aside: keep in mind that a paraguay lawmaker pointed out that the idea of them going to bitcoin was not reality. just press run amok i guess. [
el salvador has taken that step to use bitcoin in real life and show the rest of the world the benefits of doing so
it only takes one to make a difference, and this is what they are doing in el salvador.
lol donald is no longer president.
hell yeah that is great! cant wait for mexico to implement something like this too.
the main benefit for the recipients of that cash, yes. for btc holders the main benefit is in a historical landmark in btc history, when it was first classified as a legal tender.
yes! that is the whole point of bitcoin!
that alone increases the countries gdp by like 7%
but… we already have something like this. i use xoom to send money, my relative uses his back app to claim the money and goes into his checking account. it takes second. i don’t understand why buy butcoin
a lightning-based clearinghouse between btc and the local fiat is literally the best case scenario for a nation state adopting bitcoin as legal currency. we're talking about a huge hierarchical centralized government institution, it absolutely cannot do anything in a thistributed or horizontal fashion, so this is really the best one could have hoped for.
government is not controlling bitcoin but using it. i'm sure if someone wanted they could use the app to transfer btc to a different wallet.
it’s still decentralized there’s apps here too you can use to trade and whatnot. this just adds utility it doesn’t take away el salvadorans ability to hodl.
bitcoin will stay decentralized because the government cannot control bitcoin or it is supply limit, they can use the bitcoins in their wallets
it is the freedom to choose what matters imo
my only concern would be whether it’s a real btc wallet and not some kind of fractional banking garbage with synthetic bitcoin. as long as each btc is real and backed, this should be a step in the right direction although i agree that the og lightning network should be the top choice. what makes an app like this necessary though is that people in el salvador probably want their cash mostly in dollar over btc due to volatility. but some of it will stick in btc, so they can choose to keep 5% of their savings in btc and have a pleasant surprise 5 years later.
they are making a decentralized protocol easier to understand and use by hiding all the technical mumbo jumbo behind an intuitive ui. i think the app just acts like an interface (like metamask) and has no control over its users or the system.
super concerning, nobody answered you, everybody saying nonsense, he didn’t talk about bitcoin at all, this is just cutting the middle man commission from sending money
of course, but bitcoin wouldn't scale to that (and no, not even to the degree required to open a single ln channel for everyone... which also wouldn't solve the problem... oh anyway). so now the whole bitcoin community is cheering for the next fully centralized government iou, it is bizarre.
yes for age limits, no for etf.
were you expecting to explain sha-256?
he basically explains that with this new goverment bitcoin wallet (that probably works like zelle or venmo) you can transfer money without fees or censorship.
is el salvador in central america?
so it’s better for you to do nothing ? why some people are so salty on this ?
my exact same thought. not to mention that a hard wallet would be more than a months worth of salary. the average salvadorian will need to interact with the governments app. so much for decentralization
i do not understand this narrative.
yeah, 2021 is weird. wonder what 2022 is bringing
bitcoin is decentralized, who is to say governments cannot use it?
i'm sure it is a partnership and he is getting some money from the wallet and atm companies. bullish.
you’re already watching the sponsored coup
lol you know how sad and dangerous and is pretty much run by cartels el salvador is right?
imagine joe biden on tv completing a full sentence.
as zac efron would say - we're all in this together
they use ln how are so many of you so goddamn ignorant
everything you said is just wrong. i see a lot of potential issues with using bitcoin as an official currency in a state like el salvador but all the problems you mentioned do not exist for lightning network based wallets like these.
you have the same problem with cash, or your phone, no?!
you think it is any different with cash or any other currency?
give them a dummy account with only a small amount ().
that makes so much more sense. amazing how far i had to scroll in this comment section to see this explanation. thank you
they are using strike, an app based on the lightning network.
there is always one idiot who has to bring race in to it.
u can tell he is it for the people. i love it. i cannot wait for th rest; this is only the beginning. (i started following him on twitter)
the government is advising people how to use it (bitcoin), so i guess they have an "official" wallet with all the steps% of non-bitcoiners will use to get their . from what i heard there is nothing to stop you from using any other wallet. download this app from the play store, go here, claim your money. to spend, go here, press this button, scan qr code, done. much easier if you only do it once, and not cater for people choosing different wallet software.
works with other wallets, you are not limited to this one and only wallet.
he is making emphasis on how transactions can be even for cents with no fees on sender or receiver and both sides can convert btc to usd at will on the app (killing the volatility fud).
el salvador has a population aeound 5m people so really does not make a noticeable difference in users, the important thing here is the fact of adoption regarding bitcoin, this can be the door of entrance for many other countries and then the change in price will be noticeable. also the fud from china this month, ate all the good news regarding btc :/
you did not understand when he said "bitcoin"?
> are they using lighting network correcto.
hate to break it to you, but this is nothing but a money laundering scheme for the rich and powerful of the country...
no it is not... wait and see... this guy is an asshat
there will be a whole spectrum of responses to anything really, from aggressive early adopter to hard-core refusenik. most people would not think too hard about it and will blame the govt whatever happens.
this is the lightning network so there will be almost zero fees usually 1 satoshi per transaction
it's the lightning network so the fees are practically non-existent they are usually around 1 satoshi per transaction
there is going to be a government wallet called chivo releasing in september however they are free to use any wallet they want, there are almost no fees as this is the lightning network usually around one satoshi per transaction and due to it being the lightning network all transactions are confirmed within a second.
i love the big picture about the adoption of bitcoin, but i do not like the fact that you have to use the government wallet, crypto is all about choices. also the transaction is not intimidate and why in the example both people want to receive dollars.
i do not know about biden, but i can tell you that el salvador will need a lot more than bitcoin as a legal tender to improve their way of life.
didn’t watch the presentation, i take it?
lightning network destroys your shitcoin. sorry, but it is true.
he is talking about the wallet (chivo) they are ruling out. he obviously would not talk about every case scenario of the world. he would not talk about fees from city bank of america or every single bank fee. right now if i want to cash out 20 usd in an atm, depending on which atm i cash out, i get 20 usd or 19, right? the same this way. he talks about their app. not external things.
you should check out the lightning network
they are using a lightening network. that minimizes fees.
you cannot be this uninformed...
your simplified comment overlooks the lightning network. a) bitcoin does not have 'gas' fees b) you do not need need to use the same "kyc app" (or indeed, even submit *any* id) for lightning payments to work, for almost 0 cost.
because that government does not have their own currency. they are forward thinking enough to know they do not need one, and without a currency of their own, there is no need for a central bank.
what issue do you see with this?
they are advocating to use the lightning network here; there would not be congestion or .
how can it be stupid if he’s teaching them about it?
also it is not instantaneous. what really bothers me is the fact that both people in the example wanted dollars, bitcoins was never mention and you have to use the government wallet, crypto is all about options.
i think you mean cia. nsa is the intelligence gathering arm
it would not run out. all it takes is one sat to keep the whole network alive
that cannot happen, they do not have access to your money.
nmms cabron se ve que por gente como tu la sociedad no sale adelante
that am not my problem
i’m just glad he spoke slowly and clearly enough for my white ass to understand it...most time i’m around spanish speakers i spend the first third of the conversation asking them to slow down and enunciate more...
transaction via lightning network its almost instantly and with 1 or 2 satoshi fee.
this is marketing, not education. just a heads up
they are using secondary layers (and given strike are the ones helping them develop their wallet, most likely lightning). fees on the lightning network, in general, are miniscule, and optional. we also, as far as i know, do not know right now whether this solution is custodial or non-custodial (or whether custody is optional). if it is custodial, you'll likely be able to send transactions completely free to other users of the wallet, and pay minimal fees (because i imagine the lightning node they are operating is going to become a hub) to most other lightning wallets too. as for the currency conversion, it *is* free, because they are doing it themselves through a fund they have set up specifically for this. it's a little odd you'd speak with such certainty when you clearly have not done *any* research into what el savlador is doing whatsoever.
and they will, utilizing ln.
yeah but he thinks all the people are retard!! by the way, people from el salvador don’t have wifi at least not everybody, some of the neither cellular phones, or bank accounts or light in their houses
he’s a saint to catholics too.
ahh. horrible what happened to him, but props for all of the good he did. it still bugs me a little that they came in and shot him while he was in the middle of saying mass.
damn his last words before assassination were: may god have mercy on the assassin.
i had to think for a moment to remember why i knew that name. noam chomsky has a whole chapter in manufacturing consent about el salvador and their crazy violent political crackdowns... a tragic story indeed :/
you're overthinking a simple powerpoint lmao
in el salvador that 30
check out the big brain on shleebs.
i believe all these transactions are being done through bitcoins lightning network, which makes the transactions cost only one satoshi
you do not pay 20$...
if i am selling x for .2 btc, all i need to do is tell you to send me .2 btc. not sure what you mean about conversion? the conversion can be done before the transaction.
i see that drop as a great opportunity to buy more bitcoin inexpensively! when it goes to 60k i'll be saying why did not i buy more sats when it was half-price!? and when it goes to 300k i'll be glad i bought what i could
today. that's why they are not waiting for us. we'll play catch up eventually, hopefully well before we have no choice, banks or not. this is how it started. remember it and remember it well because you can bet your ass the history books of 200 years in the future will have the us, europe and possibly even the banks painted as the instigators.
i've heard that roosevelt was pretty good with computers.
it's not that we elect idiots, they are very intelligent, but we elect people who are politicians and nothing more. they lack the real life experience and hardship the normal people face. when you have lived almost your entire life in the washington bubble you get thisconnected from the rest of the country.
carter wasn’t infallible, but at least he wasn’t completely morally bankrupt.
lincoln was not a good guy. look into it. horribly racist and tyrannical. the emancipation proclamation only declared that slavery would be banned in southern states. he said if he could keep the union together without freeing slave he would do it.
asesinado por la cia.
douche vs turd sandwich in most politics
i did in the primaries…
term limits would be a good start.
"young" people who've been infiltrated by strictly left wing political views in college are -no better-. seethe and downvote
35 should be fine as well
such a great example of bitcoin's main use case; to circumvent the bs
>bitcoin dat c returns!
secure international monetary transfers are just the first step. people will over time hold more and more bitcoins and not conver them
nothing in crypto has “zero cost”
whilst this is true, the problem of "crashing within minutes" is very real. so btc still needs to get to the point where it is fairly stable and volatility is no longer an issue. this can only come from more adoption, and the supply spread out amongst a vast enough number of people so that it cannot be controlled.
how does said us worker (illegal or documented) obtain btc without a transfer fee in the us?
i pay . i don’t find it terribly expensive. i do it from an app call xoom. my family member then puts the code in the app of his bank and the money shows in his account. i don’t understand the reasoning for bitcoin. my relative says he already uses apps to pay without cash. so i don’t follow
because they can’t control it.
they'd like to spread theirs copycat of bitcoin because they cannot control the real bitcoin. typical chinese move, very smart if you ask me, especially in the actual economical context.
china seems to want to control everything and i wonder if they had already bought and paid for american politicians in their pockets.
according my very-china loving day, it is really because they can’t control it. it allows movement of money without letting the government or the banks have a say. i love bitcoin.
i thisagree with the point about average users not needing to know how bitcoin actually works on a technical level. you cannot liken it to the average person not understanding how traditional financial transactions are settled. in the traditional financial system the people who understand and manage the technical details are the people that also have insurance to make sure they can replace your money if it gets stolen. with bitcoin, you are your bank, you must have a technical understanding that is sufficient enough to not easily lose your funds or be scammed.
if you're salvadorean i'd probably watch all of bukele's bitcoin instructional videos. to be honest i think most people should spend those 30. get something like metamask or trustwallet as your main wallet, no need to show id with those.
my advice is: watch all the government’s videos about the topic, figure out how can you transfer fiat to btc and then investigate on the best wallet that you can have with interest pay. good luck!
don’t they have it in their reserves
so... they are basically using a trusted 3rd party to do the transfers for them...
lightning network, look into it
ln. this is a real test of layer 2. exciting.
yeah, this looks so entirely misguided and populistic. i mean, i am very invested in bitcoin and i'm a fellow latinamerican, but ... this just feels very, very, fishy. he literally says you can transfer .05 without paying any fees and gives the impression that aunt rosita can just magically convert her usd and send it, with zero fees and zero intermediaries. if you've ever used bitcoin, you'll see how far this is from reality. what on ramp will aunt rosita use at 1 am (per his example) to convert her .05 (per his example) to crypto (whether bitcoin, bitcoin lighting, or some salvador fork, does not matter) so that she can send it without paying any fees? how is this instantaneous (no need for aunt rosita to wait for her funds to make it to the next block? do we assume she already has a channel in the lighting network or what?)? i want to believe but just looking at this ... i see so much noise and so little signal. anyway, i guess i'll get downvoted to hell. but, whatever, the emperor has no clothes.
biden is 78, so roughly 40 yrs yeah
*but wait, my photo id uploaded to coinbase is facial recognition data?* - 🌎🧑‍🚀🔫👨‍🚀 “always has been”
dai is more transparent and less shady than tether, i believe dai is better for this
wow you have absolutely no idea what you're talking about. remittances in el salvador is 20% gdp. twenty percent gdp!!!!
nombre we imaginate con los narcos 😂😂
the reason for using it is to bypass intermediareis. in your case, xoom charges a fee and also set up their terms for the exchange rate which gives them a double dip. from what i understands here, the money will be sent directly from digital wallet to digital wallet.
they can definitely do that
they should be able to withdraw the coins to their own wallet
but there isn’t freedom to choose when a government mandates you use their app
yeah and that is also how it can hide the underlying fees of the network... it is all just the ui!
that's what i thought. i feel like the crypto crazies are blind to how crappy some of these people pushing it are.
average salary in el salvador is .5k, from a quick google search, so they can definitely afford a . also you do not need to use no government app if you do not like it, what's the problem?
so are you stating that the intent the whole time was for governments to use proprietary apps that give them complete oversight and control over funds? ironic that none of the tourist hotels in el salvador accept btc, no?
no we're not. bitcoin is money. altcoins are products
seriously, it’s hard to comprehend how we look past these “crypto problems” with other mediums of exchange.
they cannot help themselves.
counterpoint: a bunch of whites went to el salvador and gave out free bitcoin, next thing you know the strike team is helping draft legislation. i mean you can’t really exclude race from the story, though op here is clearly emphasizing a pointless piece
as someone with a similar background let me tell you it is a gray area
hmm interesting, i wonder how the gov will set up small payments. maybe they will convert to usd on the app and use a closed system to avoid network fees for small tx?
china on btc is all fud and old news. they’ve been trying to ban bitcoin for years. do you guys think other countries are adopting bitcoin to hedge against inflation and economic collapse?
wel, aah it could be that they use the lightning network service from telecom operators so that you use your phone number to send funds around but the wallets are managed by the service provider phone companies... now you have the not 'your' keys not your crypto problem?
you don’t have to use the government wallet. and yes the transaction is almost immediate because it’s on the lightning network, the example is in dollars because the people understand and think in dollars.
the presentation was about an app about as decentralized as paypal...
don't you need to do an onchain transaction first to get on the lightning network? how is that gonna work if people are sending money home on a weekly. it's not like they can load everything all at once for the year.
what does it cost to convert btc to lightning?
work as software engineer, written smart contracts, traded crypto, have masters in software engineering. a fairly straight forward technical issue.
haven't you noticed only impoverished countries are considering bitcoin? they hope that this will make their country join the 21 century but in fact it is too late for any of them.
1. it is instantaneous, this is the lightning network and the transactions get confirmed in less than a second + there are almost no fees usually around one satoshi per transaction 2. they dont need to use the government wallet , they are free to use any wallet that they want
why do not they just use zelle, venmo, paypal instead? if it is a government wallet, they are gonna be tracked on purchases, sending and receiving money. they're also going to be limited severely to just "bitcoin".
no i meant the nsa because cia style operations make too much "noise" and have political backlash. digital sabotage and intelligence gathering is much more effective and low level. remember the damaged iranian centrifuges bc of the scada virus?
he clearly said "the government's wallet". you do not need the government of el salvador's wallet. there's a reason people pit their money in swiss banks and not in salvadorian banks. the salvadorian government will eventually take your money or collapse in the next coup or civil war, or simply decide to change the laws to keep the money. otherwise what's in it for them to create a government wallet for people to send money to? there are less elaborate ways to get screwed by corrupt central american government officials. i'll pass.
no digas stupideces, ándate al colegio y aprende economía, antes de venir a publicar en foros como este
no todo el mundo habla espa especialmente gente de estados unidos hehe. hay algunos puntos que no estoy de acuerdo, por ej la transaccion no es inmediata, tambien por que las dos personas del ejemplo quieren dolares si todo el punto es usar bitcoin como moneda legal, y la ultima es por que la gente tiene que usar la billetera del gobierno todo el punto de crypto es tener opciones y eso es limitacion.
but but but he is already president xd
haha. again... he just lambasted biden for stealing the youth and productive earners of his country.
he is the president of el salvador. yet, he is not that great, his government has some suspicious activities and nepotism is just a child's game for them.
me too! i’m on the app, but i can’t find tia to send her .
if a satoshi has a cost to it, then that is a fee, right? admittedly, it seems to be a minute fraction of a dollar, but i would expect some "convenience fees" will eventually make their way into the equation in addition to this charge. also, would not tia have to convert her usd to bitcoin? there is a non-trivial cost associated with that, right?
might be a dumb question. i was raised catholic and don’t have a great education on other religions. are there saints that only catholics recognize? are canonized people not accepted by all christians?
he seemed to have been forgiving, in spite of the war that was consuming everything and which took his own life.
narrator: god did not have mercy on the assassin
oh yea romero was preaching to the poor that heaven could be found here on earth and that the rich are at fault. then you know the rest
no bro this is revolutionary. bitcoin invented intuitive graphic design
a simple power point is the hardest kind to make!
yes. this. so it can feel to some here in the us a little amount sometimes but for other countries it’s a very big deal. my stepmom works here and supports her daughter’s family here financially and in another country, her elderly parents. middle generations have it tough but when the parents are in a lower-cost-of-living-country it helps a lot!!
that's right, that is how it works.
you believe, but do you know? does he even know? there has been absolutely no mention of the lightning network in any news about this, just that bitcoin will be available as a government approved currency.
do you actually know anything about making a transaction? there are costs in the form of transaction fees to send money on the bitcoin network.
there would not be history books in 200 years, and this comment will still exist.
woodrow wilson was a twitch streamer edit: first reddit award, thanks anonymous stranger!
i heard he was good with printers...
roosevelt was the one who abandoned the gold standard and started the money printing circlejerk, so not necessarely a smart guy.
intelligent for what, 40 years ago? not the right kind of intelligence
agreed. he just had too much happen during his administration. if things have been a little calmer, i think he would’ve done well. as it is, he’s had one of the best post-presidency careers out of any ex-president.… and he’s still going strong in his 90s.
you gotta also remember he was trying to not say anything to start a civil war, goal was to to get it overturned in court but the confederacy continuously added more and more states (as did the union) to sway the votes, eventually bringing on the civil war. i think he would have removed slavery if he did not fear war from the south, and fear for his own life. definitely served his position as well as you could expect a man under that severe of pressure to do, in the end he is only a man
yep. lincoln was actually a terrible president. he executed the war as incompetently as he possibly could, and he presided over the most deaths during any war of any american president. i realize he is been lionized by the victors after the war; however, his contemporaries thought he was a joke and incompetent. > the illustrious honest old abe has continued during the last week to make a fool of himself and to mortify and shame the intelligent people of this great nation. his speeches have demonstrated the fact that although originally a herculean rail splitter and more lately a whimsical story teller and side splitter, he is no more capable of becoming a statesman, nay, even a moderate one, than the braying ass can become a noble lion. people now marvel how it came to pass that mr. lincoln should have been selected as the representative man of any party. his weak, wishy-washy, namby-pamby efforts, imbecile in matter, thisgusting in manner, have made us the laughing stock of the whole world. the european powers will despise us because we have no better material out of which to make a president. the truth is, lincoln is only a moderate lawyer and in the larger cities of the union could pass for no more than a facetious pettifogger. take him from his vocation and he loses even these small characteristics and indulges in simple twaddle which would thisgrace a well bred school boy.” that was a from a sympathetic newspaper as well.
that's a actually a really good age
i thought it was to pay for illegal things or pay under the table and get around taxes
regrets. camelcase button is broken and locked.
i've never seen the price change enough to affect a transaction that takes a few seconds.
did gold ever overcome that?
do you know how much international money transfers fees are? so much that paying a fee to buy bitcoin is still much better value.
there are thousands of btms all over the country.
cuz clean and cheap electricity and also we have a surplus
just funny that they don’t even learn from their own history of “bans” lol. always comes back to bite them.
i wonder what else that china wants to control besides the crypto market.
just to be completely fair to china (not a fan just fact) there is a pretty good chance something like bitcoin might fuck up your whole economy just by the fact what is their strategy with their national currency. i dont think there was never any other option then bitcoin eventually being banned.
this to me is so bullish for bitcoin
they pretty much copied or faked everything.
the vast majority of mass adoption retailers will be storing their bitcoin with an exchange. it's just how it is with critical mass.
i think that the exact inner workings of bitcoin will be lost for many, with experts knowing the details. there will be best practices that everyone follows, like "do not flash your cash for everyone to see, lest you get mugged", and "don't tell others your credit card pin." but bitcoin related. technology will reduce the number of best practices required to a bare minimum. right now, you cannot trust all bitcoin wallets because some are custodial and hide details from you. eventually someone will invent a simple way to verify self custody on any app and it would not be some "certified by x badge", but it will be something easy to do. maybe we would not need this, maybe people will be mostly on lightning wallets and we need a way to prove to ourselves that we are using something legitimate for lightning. the reason why this technology is moving slowly is that whatever solution we come up with has to scale, and cannot obstruct the innovation around bitcoin. as bitcoin gets more popular, more abstractions come, think about mobile phone gestures. go into the past and ask someone to use your iphone. it is sooo intuitive, yet they just would not get it. that intuition comes over time as generations learn it and it becomes second nature. i think a lot of different factors will come together, and bitcoin will naturally become second nature eventually, yet no one will really know how it works, just how to stay safe.
so you can use other wallets instead of the goverment one? why would they stop tracking your transactions once you thispose of those 30 dollars tho? they can still do it if you keep using their wallet no? edit:im currently watching his presentation and he does say you are free to use whichever wallet you want
they are. it's a custodial wallet. at least it is a step in the right direction since non custodial if a person loses their seeds they are sol.
2nd layer solutions like lightning help bitcoin scale and reduce fees.
a lightning channel is a literally a bitcoin smart-contract transaction.
how are you so unaware of what's happening at bitcoin beach and el salvador? they use bitcoin beach app, strike app and soon the government app. they do not need to open channels
you may be right. the strike website is pretty light on details. it's stated they use the lightning network, but the numbers do not really add up. how can they open channels for potentially every el salvadorian citizen with the severely limited bandwidth of the bitcoin network? 7 tps x 60 seconds x 60 minutes x 24 hours = 604,800 transactions per day. that means only about 18,000,000 transactions per month. with about 7,000,00 population this only leaves about 2.5 main chain transactions per citizen per month, and this completely ignores the rest of the world using bitcoin. non custodial bitcoin does not seem feasible at any scale when you run the numbers. what am i missing?
jesús christ that is too old to lead a nation as advanced as the us.
and using a government authorized app to do so, which gives said government full authority and control over your funds
that’s what i told my cousin, paying child support to three different women, stupid bloke.
you are misusing "remittance", or at least being confused by the numbers. of course when you switch currencies, new currencies become used as old ones fade out. that's a false "tada!" metric for the faithful. that isn't the economy. and as pertains to the post i was replying to, a country's economy does not depend on family to family money transference in or out of the country.
ok so. we in el salvador have the us dollar as our currency. we don’t have to exchange. yes xoom does charges me a fee. the people who take care of the block chain have to make money too. so who pays them?
are they requiring everyone to use it? or just making it an option?
which is not what s happening here, they can use other applications
it is not mandated, you can use whatever wallet you want
in another part of his talk (it is a 56 minute video) he clearly explains that you can use any wallet you like, but you only get the .
it uses lightning network, so hopefully fees are insignificant. although whoever controls the channels, likely strike or the government, may charge a premium. still, they are allowed to use any wallet they want. they are not being forced to use the government provided option.
tinfoil too tight, friendo?
can the govt mint new btc? can they set policies that regulate the amount of btc that is circulating? can they prevent other people outside of the app from exchanging btc?
they do now thanks to the goverment mandate. they just have to download their app. what did you think eveyone would want to use btc to evade taxes?
lol for real? u need evidence????
i don’t know i remember from his recent interview on “what bitcoin did” he said the government is holding btc and usd to provide liquidity for this transactions, also would guarantee the amount on usd for 5 minutes to protect people if price goes down, government covering the difference.
agree, i see china ban as good news for the future though, since is a really nice eye opener for people who does not really understand the power of crypto's in general and how much they threat the power and control of some countries. i do believe that once normal people start to realize this, more and more user will start to get into crypto and we will get to a point that countries. but this will be a pretty long journey, i do think that bitcoin developers had this in mind that is why it will take so long to mine all the btc posible (stimations says that last btc will be mine in 2140), but this is completely a personal opinion though.
go and google “lightning network“ you will find your answers there
and the most popular btc exchanges are too. your point...?
correct but that can always be shouldered by the strike app that people are using over there from what i read. specially for smaller transactions which are what ln was designed for. to take the work off the layer 1 chain and leave large transactions as the only reason to use layer 1 as far as transactions go. check out the lightning network subreddit. it's amazing what can be done with ln. and nodes can be set up by almost anyone which is great.
> you cannot be this uninformed... uh, turns out he can be.
well they arent considering it for no reason. the functionality of bitcoin suits these countries needs. the way the traditional monetary system operates isnt in el salvador or any of those countries best interests. bitcoin is independent and it is stood the test of time showing it is resiliency and ability to improve due to the efforts of the developers. i agree with you on the fact that it is probably too late if they are trying to improve their standing in the traditional monetary system, but if they become intrenched in a mostly bitcoin ecosystem then it is a game changer for them and any other country that follows.
one sat is 0.00000001 bitcoin
in a bank your money is in their hands but in a crypto wallet you're keeping your btc you arent giving them anything the private keys never reach them.
que tiene que ver aprender economia con transferencia de btc? no seas ignorante y lee un poco más de ln y diferentes tipos de wallets... la del gob de el salvador es una opción, hay un montón más!
el que debería ir es otro 😂 aprende ingenieria, que con tu pinche economía, está de la mierda y por ideas viejas y jodidas como la tuya es como seguirá igual! en ves de seguir avanzando. cuando quieras te enseño
jajajaja namames 😂si dices saber tanto me sorprende que sigas diciendo puras mamadas, órale ve a aprender bien de economía mejor, deja a la gente inteligente hacer su trabajo
it's not easy being the president of a tiny country that is smaller than most us states when your neighboring superpower could accident you at any time if you mess with the wrong us corporation's profits.
because the us government is the shining example of competency and equal opportunity? lmao
i bet you aren’t from el salvador.
in their own wallet, they (the state) could probably just eat the minute fees themselves. setting up channels with large corporations with a lot of traffic, like grocery chains, would also negate the fee, because they wouldn't have to pay themselves. i also think they have set up a fond to handle conversions between usd and btc, so i'm sure they could offer that for free as well.
not every sect of christianity recognizes saints. many newer nondenominational christians have issues with saints and the veneration of mary. some flavors of christianity won’t even recognize catholics as christians.
a great programming quote is. > a program is deemed done not when there’s nothing else to add but when there’s nothin g else to take away
did you watch the video? he says the transactions are instant. a regular bitcoin transaction isn’t instant unless it’s done on the lightning network. there’s also been plenty of news articles posted on here where they state the transactions are being done on the lightning network. if you’re looking for sources just google it because i’m to lazy to look them up for you lol
imagine you own a business. your options are 1) use the traditional network, with its time delays and higher fees, or 2) use lightning and get faster confirmations with lower fees. i do not expect the average business owner to implement these payments themselves, either. most businesses pay someone else to set up their payment terminals, and i doubt this will be any different. providers will give options, but the lightning network is the best option for most businesses.
check out the “what bitcoin did” episode with jack mallers from june 18. he tells his story about going to el salvador and his roll in advising the president on using the lighting network.
this one caught me off guard a bit and gave me a good laugh 😂 so what's his channel so i can check out his old vods?
yes, people often forget he is also a founding father… of titty streaming.
you should have seen the onlyfans.
didn't he stream call of duty before?
gotta feed the bankers
still waiting on your brilliant solution for a commodity backed currency standard... libertarianism in a nutshell...all complaints and fucking zero solutions
i assumed he was talking about teddy, but fdr didn’t do as bad of a job as the libertarian crowd tried to pretend either. like, there was literally not enough gold on earth for the gold standard to work anymore, what the fuck was he supposed to do, master alchemy? start the “gold and silver and titanium and diamond and palladium” standard? bunch of shit just sitting in a vault when there’s a million better uses for it?
intelligence, the ability to acquire and apply knowledge and skills he may lack more recent knowledge but intelligence does not have an expiration date.
that may be true but you might be overly generous when you suggest he was secretly against slavery. he viewed black people as beneath white people and wanted them deported to africa. i think it is a stretch to say he was just doing what he could but i may be wrong.
i wish people could write more like that today, what a colorful excerpt.
jorgensen was like 47 and all the things democrats wanted in candidate in 2016, but the party line must be toed.
right? people gotta get past this two-party, all-or-nothing, we-have-to-win-this-term nonsense. i’m with you. what they don’t realize is that all the alarm sounding, saying every election is so dire, wars of ideology, with us or against is, berating their enemies, making promises they can’t keep, is all rhetoric to make it sound so urgent, like you can’t vote for anyone else because it will be a thisaster, when you actually can and should include smaller parties in your thinking. no single term is that dire. we survived trump for four years, and if people hadn’t bought into the trash rhetoric that you have to pick someone who’s likely to win every time, even if they’re terrible, it might never have happened.
it's good at neither of those things
am i the only one giving this guy credit for sarcasm?
would you mind expanding a little? i also thought bitcoin had high transaction fees (or else your transaction gets left out of potential mined blocks).
the problem is that people can’t operate if the value fluctuate over weeks. if the value drops even for a day everyone will hold on to their coins until it comes back up. imagine a household where you can’t buy milk if the coin value is low because well it may come back up tomorrow and you could have gotten 2x for same amount
yes. i do know… not to el sal, but my filipina wife & i send a bit to her family from time to time and moneygram makes it almost not worth sending (philippine fiat) with near 1 to 50 exchange rate. 1) moneygram gives a lower exchange rate 2) they throw a fee on the transaction. btc wallet to wallet is faster & cheaper and believe it or not most money changers there are taking btc & usdt. still loose a bit, but no where near what ya loose trying to send . i’d pay higher exchange plus .99 usd to send . via crypto our . great way to send $.
and often you need to travel to a store to send or to receive
... and they have a fee. 😂
with many more to come
i wonder what else that china cannot control besides the crypto market
the air you breathe basically.
they already control biden.
it's not just china. china is the most anti crypto because their own crypto will launch in the foreseeable future. if
i meant thispose of the wallet after spending the 30$. and also do not exchange crypto between the government wallet and your other private wallets so you do not leave a trace.
that's a lie. i installed phoenix. right of the bat it says: "automatic channel creation: payment channels are created when needed. the fee is: 1%". it looks like this has been the case for months: i'm guessing you're aware of this and are being intellectually thishonest, in moving the goal post from the video's "with absolutely no fees" to your "almost 0 fees". and then, again, your example is 1%, not even what you are claiming (i.e., far above "almost 0 fees"). or, you know, how he claims "with absolutely no intermediaries" but now you're saying "services". bitcoin does not need this kind of intellectual thishonesty.
he explained it all on a twitch that happened while voting in the congress.
> no word on fees he literally said: "sin costo alguno" (at no cost). ... entiendes el español? also, read about lightning network:
that's too old to lead any nation in the world
you do not have to use their app. they never said you had to.
the government app takes care of the conversion to dollars. once sept. 7 arrives you can use any ln wallet (phoenix, muun) outside its control and can spend it directly in btc.
he has stated that there is no requirement to use the government wallet, and people are free to use whatever wallet. the wallet is also clearly going to be able to send bitcoin to any other bitcoin address, so what do you think the government is going to be able to control?
> el salvador's economy relies heavily on remittances, or money sent home from abroad, which make up around 20% of the country's gross domestic product (gdp). i do not see the confusion here? in fact you're the one who's confused by cold hard facts. i'm done with you garbage and your incoherent ramblings.
it costs next to nothing to run a node. you can run a node on a raspberry pie at home.
just an option. those with crypto knowledge will continue to use their own wallets. personal crypto wallet adoption will naturally increase as the benefits of doing so become common knowledge. this is needed today as an enabling tool available to all, who may never even have heard of bitcoin, let alone know how to use it.
which you can send to any lightning wallet.
if it would in fact use the ln, people would have to pay for opening the channels, closing the channels, and for the liquidity. 99% of the people in el salvador cannot afford that. thus, people would not own their coins, but instead get a government iou just as in any other country.
i thought the same. . someone, somewhere is getting some of that.
no different than paper gold. simply handle internal transactions seperately. if someone other than you controls your wallet, i can see no reason why such a system could not be implemented. from a wallet provider's perspective, if 75% of your transactions are between wallets you control, why wouldn't you say you have 4 times as much bitcoin as you actually do. hell, why would you even put any real bitcoin into the wallets you control in the first place. keep them in your own wallet and release as needed. that's the issue with all these wallet apps. how do you know you are actually buying bitcoin, and not just buying a stake of the provider's bitcoin?
makes sense. digital currency and blockchain technology is the future and its inevitable.
thanks for the help! i could not really find the page that explains how someone can open a channel without paying for a mainnet transaction (which cannot be afforded by people in el salvador). could you enlighten me (pun intended)? oh and while you're at it, also explain how to add liquidity to a channel without further bitcoin mainnet transactions...
my point is that it makes about as much sense to celebrate what happens in el salvador as it makes to celebrate a country switching to paypal. if you keep all your funds on exchanges, great for you! but i guess you missed a small little point about crypto then. and no, people cannot just not use the government app because they cannot afford to even open ln channels, let a alone mainnet transactions. oh and by the way you also wouldn't be able to anymore if all of them started to actually use bitcoin (and not some central government legacy-bank-like app)... if you try to run a country on 4.9 transactions per second, centralization is what happens.
so they are not really doing bitcoin transactions themselves then. they are paying usd to strike, who then sends the btc equivalent to el salvador via ln, which then gets converted back to usd and paid to the end user.
jajajaja cuando comprendas términos como volatilidad, comisiones estructurales, entenderás el sueño epifanico de bukeles (por eso es importante conocer un poco de economía global)
ignorante tienes idea de la volatilidad del btc?? cada segundo cambia de precio (animal)
ahhhh maldición (ignorante de 💩) y entonces donde dejas las amortizaciones?? bestiaaaa!! ingeniero queriendo hablar de transferencias monetarias jajajaja el chiste se cuenta solo 😂😂😂😂
you mean president in usa or some other rich country ? :d
just because the us government is fucked up doesn’t mean another country can’t be too.
could always collect beanie babies again. that'll show the world our worth.
they're working on that too. china will probably beat the u.s. back to the moon.
maybe that’s why biden always seems to look like he be listening to an earpiece or something.
clearly do not understand the concept of decentralisation... education yourself before spewing ignorance.
lol, who the fuck wants ccp-coin? it will be impossible to spend.it on anything interesting, it will be able to be stolen by pooh whenever he wants it...
du, let me guess, your sugar daddy is a member of the cfr?
does it matter if you leave a trace when all your movements are legal tho?
> does the salvadorian government know who is transacting the lightning network is onion routed, which means txns cannot be monitored, and anyone can send money to anyone via lightning. and stop listening to the person or persons that are giving you that crap information. stop spreading fud based upon your poor understanding of the subject.
lightning network still requires you to interact with the main chain from time to time, it only decreases the amount of necessary interactions. it does not come close to solving the problem, as bitcoin's bandwidth is orders of magnitude too low to support any adoption at scale. the only "solution" is custodial wallets at scale, which is the antithesis of bitcoin. please correct me if i'm wrong. i'm finding it hard to argue with this very simple math though.
the financial transactions of an entire nation can be verify with a raspberry……. i doubt it
it does use the ln and the people don’t have to open channels. it’s all built in. i’m starting to think that the people who keep bringing this stuff up aren’t doing it in good faith. that or they just can’t read.
> closing the channels, why would you close the channels?
how expensive is it to open a lightning channel? and i feel like they should be able to adford the liquidity, it is relative to their income and it is not like they require the liquidity an american citizen would need. if their maximum expected payment is 100 dollars, that is all they need for liquidity, right?
i do not understand why people with no technical understanding of how this works like to act as if they are authorities on the subject. this thread is like one huge dunning krueger effect in action. if you are **that** worried about the government app breaking bitcoins decentralised and permission less model, isn’t **any** app suspect? are we supposed to use paper wallets and do the cryptography with abacus? this is fine. they can’t mint bitcoin, it’s not a iou, the won’t be able to do fractional reserve banking with this ... the list goes on. it uses lightning nodes. the **same** nodes every other lightning wallet uses(otherwise it wouldn’t be interoperable with them). if you think it’s that easy to magic btc into existence within a lightning channel you are doubting everything. it’s fud.
they are using the liquidity of a lightning service provider. if you actually want to retrieve the btc, you can either use ligthing or pay the fees. ' lightning = local transfers 0 costs worldwide as long as you use lightning destination ' regular tx= swift , pay for to send to your wallet.
the service you are using to send you the bitcoins can open a channel with you at 1sat, to the user there is no fees and they don’t need to know what’s is going on under the hood .
you assume wrongly about my storage choices, but whatever... those that have, or want wallets of their own can do. those that want to use bitcoin can do so, and can choose to own it by getting a wallet. those that simply want to accept or make bitcoin payments immediately converted to usd can do. you miss the entire point - bitcoin use as a currency becomes normal to all the population. no believing, researching, knowledge gaining or risk involved. those that do choose to do that will benefit. it would not happen overnight and it would not happen if it cannot. enabling mechanisms - like the government app, but both centralised and de-centralised - will appear. there is time for it to happen, and as the county is being forced to accept bitcoin, it will happen. seriously, some people could make fud out of anything...
how expensive is it to open an ln channel? i'm fairly certain the government "app" is jusy a gui on top of a normal wallet with ln functionality. are you are assuming it is like paypal, or did you actually see this somewhere?
hahaha! soy minerños y no solo de btc... lo que estás hablando no tiene nada que ver con lo otro hahaha 🤣 pero está bien gente como vos son las que se necesitan para burlarse. simio usa google no para leer, verdad?
? that is a pretty weak answer, he is nothing now, and was very controllable. much of his business, and that of his daughter's, was connected there... ...but mainly he is nothing now.
guyss i think this was sarcasm, downvotes not necessary
not really, but in case the government decided to regulate crypto too much or if they became authoritarian or whatever it would be nice to get the fuck out without them knowing. anonymity is one crypto's strengths, so if the government tries to id you it kinda defeats the purpose, idk.
if you use a gov developed app onion routing is irrelevant - there is plenty of reason to be concerned whether the gov will be tracking your transactions.
you are not supposed to take it out at an atm, you pay electronically at a merchant, landlord, whatever. ofc there are fees when taking it out at an atm. these things cost money, consume electricity, someone(probably with an armed buddy and in a armoured truck) has to physically go there and put money in it, exchange risk etc. who is supposed to pay for all of that above if not the one taking money out of the atm? this is like complaining that a restaurant charges you money if you eat there.
i have not done the math. it's my impression that lightning can handle a butt load. seemed like your saying, people on the same app will probably have internal transfers on that app as well as a second type of layer 2? like exchanges do? idk. seems to me like from t-bills, to cds, to checking accounts, to credit cards, to store gift cards, etc, there are multiple layers of money and sometimes speed and cheap make more sense but the structure is still there and the structure is still important.
not just 1 raspberry pi, thousands of people run their own ones around the world which makes up the network. the software is all free and hardware extremely cheap. unlike on chain transactions the network does not require mining to verify transactions. mining exists on chain and the lightning nodes can fall back to on chain if someone tries to cheat them and they can prove cryptographically that they should be rewarded btc if that happens. but because you will lose all your funds if you try to cheat an ln node people do not try. therefore another lightning node does not even try to cheat them and they do not have to use the mining chain once they are setup. it is kind of how me and you can transact a 1000 dollars in person in the real world without spending money on security because our governements security services are backing us up and will fuck up the scammer.
because it locks up liquidity. imagine you saved money for a car, finally paid the car using the ln. now all the money for the car is owned by the node your wallet is connected to, but it is still in the channel between you and it. they cannot use it for anything, therefore they will ask you to pay an interest rate for that money. if you do not expect to get big payments soon, closing the channel might be in order (or you accept increasing costs for keeping it open). see also [ another reason for closing a channel could be that your counter-party turns out to be unreliable.
imagine you want to fund only a single ln channel a month. that's up to 60 usd per month (so far, if everyone would start using bitcoin this would explode) for the mainnet transaction from your average 291 usd income in el salvador. even if the opportunity cost would be 1% apy, you'd have to pay an additional average 0.5% apy for the locked money. and we're not even done yet. ln channels are only safe (i.e. you do not need to trust the counterparty) if you monitor the mainnet 24. how realistic is that when using a wallet on a phone in a country like el salvador, where maybe internet is not available absolutely everywhere?
the guy is just a shitcoin shill whose only understanding of lightning has been scraped from the posts of shitcoin subreddits.
>if you are that worried about the government app breaking bitcoins decentralised and permission less model, isn’t any app suspect? yes they are, and that is literally what i said. edit: aaand there you go. exactly as i said would happen has now been confirmed to be the case - gee, really wonder why people with no knowledge on the technology feel the need to bring up their opinions ;)
you got this wrong, sorry. if you do not open a channel on the real bitcoin mainnet, you do not own the crypto. there is no way to own your crypto in a ln channel without committing this data to the bitcoin main layer. opening a channel or changing the amount of liquidity in a channel requires mainnet transactions. only moving the money within the channel is cheap.
the point is that you only personally have the choice to use your own wallet because you are rich enough to pay the transaction fees and this does not apply to people in el salvador - in particular if they would actually do that and thereby add millions of additional transaction to the network. so they end up having no choice but to use the next centralized system. if bitcoin's main net speed does not dramatically change (and i know the community basically decided it would not), bitcoin will always only provide freedom to a small, privileged group of people. right now this group is mostly the group of techies (who understand the tech), but if adoption gets broader, this moves to the group of rich people (who can afford transactions).
well, opening a ln channel requires a bitcoin mainnet transaction, so costs are up to 60 usd, right? and note that you cannot just open a channel for someone and be done. you have to do more mainnet transactions whenever you add or remove liquidity, plus also someone needs to pay for the opportunity cost of the money locked in the channel that is not owned by the client. regarding your question, it is conjecture based on the fact that it is free. it's not very likely that the government is permanently going to cover costs for its citizen. you would not get free bitcoin mainnet transactions in el salvador just because they adapt bitcoin. if you do not get your own ln channel, you do not own any crypto. either you have a channel (or a mainnet wallet of course), or it is custodial.
jajajaja ok miner ahahahaha yo soy inversionista, soy diamond 💎 hands en este momento y tengo gamestop shares! así que no tienes ni idea de lo que hablas cerote animal 🦒
idk about that bc arizona is almost done with their forensic audits and we will find out the truth. other states will soon follow.
too many biden supporters on here. i guess you guys like how biden is running the country and driving the economy down to inflation.
fair point. so its smast if i just use an independent wallet to do the transactions
stop talking shit about subjects on which you have no understanding.
no, this is more like saying that there is new amazing restaurant where aunt rosita can get as many pupusas as she wants for free. and then, when people point out that this is a lie, saying "well, of course there is cost, who is supposed to pay for all of these things" and coming up with some analogies to explain why, well, of course aunt rosita should not have ordered anything, if she did not want to pay.
i understand how it works. but in this case js a little different. strike claims that there is a back up of money for the people who use the wallet. when you have money in the bank it is backed by the bank having as much up to a point. now, the citizens of el salvador who don’t do banking don’t do it because they don’t have a regular payroll income to get the bank account for free. they can’t afford to have an account that stays at . so, my point is this. bitcoin does not offer that. bitcoin is not a banking solutions for poor salvadorians. see the problem that is supposedly being fix by bitcoin is people paying each other fast without cash right? but that already exist for us salvadorians, there are a handful of services that we already have like tigo money. so the reality is that that little village where bitcoin was implemented is being used. the creator of strike, jack mallers, wants to take a piece of the .4 billion that salvadorian a send to el salvador in remittance. those people using bitcoin in that village need to take the money the same day to eat, pay bills, etc. is not a 401. edit: added article about bitcoin in el salvador
> because it locks up liquidity. what the fk are you talking about?!? lightning does not "lock up liquidity" it enables instant private liquidity. they're literally 'payment channels' ffs.
i do not understand ln enough to have an intelligent thiscussion about it unfortunately, but why does it cost money to keep an ln channel open? i thought you just did it once, and as long as you do not have a reason to increase your liquidity you are good to go. can you explain some more why you need a constant internet connection to use the lightning network?
you did not do anything to educate me, you just attacked him. what is wrong with the information he presented?
that’s exactly what i just said, i think you should practice your reading comprehension. you can open a channel on mainnet 1 sat byte and push the funds to the other node on the same transaction, obviously the person who is sending the money is using the exchange service where he bought the bitcoins to send the money (in this case is strike). they are paying the fee . you also can use breez and muun wallet (non custodial ) and they will take care of the technical part for you (obviously you need it ) . unless you have a decentralized exchange in mind. this is how it works .
lightning is exactly the sort of second layer technology that will negate your fears, and it is here, now. as demand for other scaling and fee reduction aids increases, so other solutions will appear. as a benefit to only the relatively rich, well that is often the way things start. a motor car was originally the same. way, way too expensive for the common man to afford and few could see how production and infrastructure could allow for mass adoption. petrol was not readily available either, and that was kind of essential. goodness knows how expensive that must have been in real terms back then too. just like transaction fees now. just take a look at how the motor car adoption has evolved. in the western world at least, you certainly do not have to be what is considered rich to be a full time adopter. paypal helps normalise bitcoin, so despite not - at the moment - giving any ownership it certainly adds to the evidence that bitcoin is something the masses can hold. a country classifying bitcoin as legal tender does the same. both of these are huge, huge positive moves towards worldwide normalisation and acceptance of bitcoin. suggesting that these things are some how not massive positive moments in the early, ongoing history of bitcoin because neither is perfect is crazy.
where are you getting ? it looks like the network fee is about . which although expensive is something a government could certainly afford to pay as a one time cost to open a channel for a citizen, and citizens could also afford if it is not recurring. i'm not sure if opening an ln channel is more expensive than a normal transaction. you do not think a government can afford to develop an app and supply it for free to its citizens? relative to the amount of money and resources a government has that is small change and something that governments do all the time. it sounds like you are just guessing at a lot of this stuff, which is fine because i do not think it is info that is known at this point, but you should state you are guessing and not portray your opinions as facts.
y seguís diciendo cosas sin coherencia... compraste gme por el trending que hubo? hahaha! ya vez que sirves para reírse de vos, osea que entendés economía por tener unos shares? sos un niño aún... en reddit te encontrarás gente que saben un poco de todo y ayudan a bufones como vos... to the moon!! que creo que la gran mayoría que estamos acá también seguimos holding... simio no usa google para leer, verdad?
always just around the corner...
never go full retard son
just like last time everyone almost found out the truth. any day now. how long til you can look at the facts that have already been established? every single court case alleging fraud found absolutely nothing, and presented nothing. look up the actual in court transcripts of what the people you defend say. you are a tool they can deploy to make noise and obfuscate the issue. "forensic audits"...jfc you really bought the lines... ...so now what? is this just the sunken cost fallacy in action? wtf bud
and if they do find out there was fraud, then what? nothing, nada, zilch. the election was certified and constitutional, even if fraud happened at the poles. it 8s irrelevant to the question of whether the state reps certified and selected electors to go to washington and vote in the electoral college. (which, if you do not know, is the only constitutional process by which a president is elected.) so, yes, even if it turns out every single county had fraud, even if it turns out trump won 100% of the vote in every single election. it still wouldn't matter. as far as the constitutional process is concerned, joe biden is president of the us. and for the record, i hate the guy (biden), but that is the way of it.
>idk about that bc arizona is almost done with their forensic audits and we will find out the truth. other states will soon follow. holy shit, i really just met one, you, a delusionist, in the world, somehow living in a bubble of fiction and fantasy, a breathing idiot. incredible. i'd only read about people like you until now. wow.
but that does not matter. the voters do not vote for president. the electoral college does. and they do not have to vote how the voters voted. so, biden is president. that's why the democrats had a year long investigation into "russiagate" instead of directed investigation into specific states. once the electoral college votes, the outcome is done. the only option to change it would be to have a revolution, but at that point, it is not the same government. it's all a classic trump plan. it's ineffective, but riles up the uneducated into throwing him money
can you expand on how biden contributed to inflation?
i do not know if you're trolling but i'm just gonna assume in good faith that you're not. onion routing only prevents intermediaries from seeing who the sender and reciever of the transaction are. the app that creates the transaction does know sender (itself) and reciever (obviously). so for a gov-developed app, especially if it is not open source, it is a valid concern that the app also provides all transactions to government agencies. this is independent of onion routing since the information is captured at the end point, not at an intermediary.
uh … no it’s nothing like that. atms are a completely different service offered by a third party. **this** was always about transacting digitally. you are complaining that a private business charges you money for its services, and **they**, the business **never** claimed it was free. the costs are clearly advertised. your aunt rosita can eat as many pupusas as she wants, but if she is too lazy to walk over to the counter to pay and instead wants some street urchin to do it for her, the little bugger wants a payment for that service. it has nothing to do with the restaurant or with the people who told her food was free there. **she** decided to bring a third party into it.
sounds like you know more than me. is that limit per channel, or for the whole network?
> it can handle only 483 transactions per htlc making shit up.
you do not seem to understand the ln... reading material:
well, imagine you open a channel with a provider in order to receive your salary. now imagine this happens on the 1st of the month and you get your salary. now imagine half the month has passed and you spent half your money. so right now, half the money in the channel is owned by the counter-party, not you, right? that's all fine and good, but since you want to keep the channel open for, say, the remainder of the month, the counter-party cannot do anything with their money. thus, you need to pay some interest for the fact that they cannot use their money. this is the opportunity cost i'm talking about. regarding the internet connection: imagine you receive your salary on the 1st of the month over ln and go offline. now if the counter-party (the person running the app) would be evil, they could just take the old state of the channel (where you did not yet get your money) and commit it to the bitcoin chain. this way, they could effectively steal your money. only if you are online and observe this, you can in such a case proof that it is actually fraud and get your money back. for this reason, ln relies on channel owners to monitor the bitcoin chain.
what part? you do not ever need to close a lightning channel if you do not want, and it can be forever emptied. and it does not require any third party. and you also do not need to 'monitor the blockchain'. the only edge-case about monitoring the blockchain is if your channel is attacked via a subsequent payment is put through your channel without your authorization (fkn hard to do) and then, in that super rare instance, if you use your wallet more than once every two weeks you get all of the attackers part of the channel. the guy you're talking to does not have a fkn clue about this subject. > how expensive is it to open a lightning channel? you can open a channel with about 300 sats. in fact, you can probably do it for about 150.
>obviously you need it how cute, i'm really often astonished by the friendliness of this community :). if you had the hope i'd start to throw some insults back at you, sorry to thisappoint you. regarding your argument, note that you need to pay this fee for every change of your ln channel. if every person in el salvador would add liquidity to their channels once a month, that would require half the total capacity of the bitcoin network. now good luck with hoping for fees to be 1 sat per byte by then.
if every person in el salvador would only make a single bitcoin transaction (i.e. adding or removing liquidity to) per month, that would require half the total capacity of the bitcoin network. i guess in such a case we'd rather see 1000. remember the transaction fees depend on congestion, so you cannot just add millions of transaction and take today's fee. remember it is not a one-time fee. unfortunately, ln channels require more mainnet transaction whenever you add or remove liquidity. another interesting fact: if we were to open a single ln channel for every person on the planet and the bitcoin network would not do anything else, it would still take more than 52 (!!) years.
jajajajajaja ok miner jajajaja sigue escavando, ya has de ser millonario jajajajaja ignorante
the truth will always come out and we will find out after arizona is done with their forensic audit. the results will shock the world.
the arizona forensic audit results will shock the world. we will find out very soon in a few weeks from now.
trump did more in 4 years than biden did in 47 years in office. during the debate biden promised to do all these stuff for american people but how come he didn’t do what he promised to do when he was in office with obama?.
just look back at what the biden administration has been doing since he’s been in office and he wants to pass a . we all know he is a puppet to china and controlled by the deepstate and central banks.
it's not just biden, it is the modern left and the rino losers.
you have zero understanding of how onion routing works. there are zero restrictions from transferring, using onion routing, your bitcoin from any lightning wallet, and there is no way to determine where it went. and anyone can do this at any time. talk shit, get called a shit-talker. stop talking shit about subjects on which you have no understanding.
this video is saying *literally* that she can transfer *dollars* without delays, intermediaries, nor fees. which is not true. you are claiming something else (that she can move sats through ln). which is true. i'm not complaining but merely pointing out the intellectual thishonesty in pretending that the two claims are equivalent.
guy does not have a fkn clue. he's just making shit up.
i understand it just fine dickwad.
just to clarify, you actually know what you are talking about here and are confident in this description of how ln functions? just asking, because even though i do not know a lot about ln this is conflicting heavily with what i thought i understood. i thought you could set aside a portion of bitcoin to grant liquidity to your channel. for example, if you expect the highest liquidity you'd ever need to be 2500 you'd open your channel with that amount of liquidity. you do not spend this bitcoin, and it is like a savings account. yes, there is going to be an opportunity cost for potential interest, but it is not a hugely significant cost since we are talking about a principal amount that is close to a single pay check. as far as the problems with having a trusted node provider to monitor your channel, it does not sound like that big of a problem. can't this node be anyone from a trusted friend, to a bank, to a govt entity? i understand this is not really consistant with the bitcoin ethos, but it can still be very decentralized and from a pragmatic standpoint it does not sound like the negatives are huge, afterall you are only trusting another party with liquidity on the order of a single paycheck. for any significant savings or large transactions you can use the main chain. are you concerned that if a government entity controlled a lot of nodes they could effectively confiscate crypto from people? what is the major concern here?
remember that when you feel attacked you counter attack, that’s how human behaviour work, about fees, yes you need to pay some satoshis when you use the ln, how is managed or showed to the user depend of the service or wallet. you don’t need to pay on chain after the channel is created , but again that technically part is managed by the wallet as well , but like i said i’m not the best explaining things , there is a lot of material out there. what i can do for you is to send you 1. download muun wallet or breez (non custodial ) , wallet of satoshi (custodial) . i’ll send you 1.org spend it on articles and see how it works.
i think you are overstating the liquidity problem. i think most people could add liquidity for a month of pay and never have to reload again if their paychecks are also coming in through the lightning network. im not convinced that people would need to mess with liquidity much as long as they set it up correctly and are decent at budgeting, but maybe there is something i do not understand. i do not know how i was overlooking the other issues you brought up, as i am aware of them. so basically running the numbers we can conclude that it is impossible for everyone to onramp onto the lightning network because the tps is so low, therefore the only solution is a custodial option for the vast majority. how come more people in the bitcoin community are not talking about this? it's very simple math with a very negative outcome. it makes me think i'm missing something.
don’t feel bad. i spent my bitcoin on a bunch of dark web lsd.
when silk road first started, bitcoin was worth bugger all and few customers had private wallets. silk road *was* their wallet. they had the one address on their silk road account that they put btc directly into, either direct from an exchange, or they had someone from localbitcoins deposit it directly. so as a customer, you had an account on the site that you would generally keep some reserves in. so a customer would put in ... then they would come back a couple of weeks later and find that, because of bitcoin's exponential growth at the time, they still had . so they would buy another , come back a couple of weeks later - hey presto! - still . this could go on ad infinitum and meant the first generation of silk road customers effectively got free drugs for two years. no wonder people have a lot of nostalgia for the place
he did contribute to give value to bitcoin, using it as a currency and proving a use case. if everyone would've been just holding since 2010, bitcoin wouldn't be so valuable by now.
first lsd purchase on the darkweb was for 8 bc when bc was 8 dollars a piece. no regrets
but thanx to you, those bitcoins are circulating
that mdma was better than any tesla i ever tried.
i am glad my father was not an addict, he gambled all the coins.
that's not a bad deal though, it is good at least you got some good stuff.
buy 7 teslas? this guy learnt nothing
let's put it this way, having 7 tesla's do not guarantee you a good time.
pure mdma is more fun than tesla.
that's alright, now you do not have to deal with 7 shitty cars.
that’s not sad at all. bitcoin is what it is today because of people like him
i would argue that pure mdma is much better for you then at least 6 of those 7 teslas
he do not have to regret, there are a lot of opportunities coming.
but he had a good time in 2014 (probably)!
i feel the same way. but that mdma was good. so was the others
just sad my last name isn’t jetski
i spent my first crypto on drugs for coachella trips. i could retire with those btc if i had hodl instead of partied. on the other hand, they were very good drugs and those festivals were amazing. life experiences still with me all these years later. sometimes you got to cash out. no ragrets
had just over one bitcoin at one point, spent it on 100 tabs of acid. was it worth it? yes. do i cry about it when i look at my bank account? also yes.
i know a guy who didn’t even get his drugs just left 23 btc on the silk road then it got taken by the government
i am glad that i did not do any kind of stupidity with my investments back then.
hate it or love it but i think i would have done the same lol
not true, this person could have bought more btc immediately after paying for the mdma. if they could have spent fiat directly they would never have owned those btc in the first place, because their only intended use case (for that person in this scenario!! dont me!!) was for illegal purchases. if they actually thought of btc as an investment but also wanted to use it to buy drugs they would have replenished their investment after making the drug purchase. the person did not get 7 teslas because they did not believe in the investment, not because they spent what was only purchased to be spent in the first place
doubt it. if he were lucky, he likely would have sold on the way up in 2017. i sometimes wonder to myself how many bitcoin millionaires have been sitting in prison the last several years just waiting to get out to attempt to access their wallet...
he probably wouldn’t have any to begin with if he didn’t, so i don’t think it matters.
i started buying weed on the darknet when the price was about £400. i wish i'd saved some of those change throwaway wallets now.
somewhere else, there is a dark web mdma dealer from 2014 with 7 tesla reading this and nodding.
sad? without silk road you would have never heard of bitcoin it would have been lost in the 10 others that failed before it.
if i did not get neurosurgery i'd be ridiculously rich instead of living day to day. it hurts to think about. 310 bitcoin sold to pay for it.
if you were aware of bitcoin and the use of it back in 2014 then you probably smart enough to take it seriously in 2015, 2016,2017 and probably better off now. that's why i lowkey hate these people lol
just want to say that mdma from the road back in the day was 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥, worth every single of the 7 teslas
but in a way it gained popularity *because* people used it on the dark web
shoutout to czech mdma. never again.
i wish i did not use bitcoin to buy a playstation that time man.
my first btc transaktion was 1.5 btc for some weed bags... sadly they never arrived.
if i did not buy those seven tesla's i would have a crap ton of mdma!
if i had not spent my bitcoin on a set of pots and pans on overstock.com back in 2014 i know i would have lost them all in mtgox or some shit.
rather a holiday (for your brain) than a vehicle. bygones are bygones.
no he wouldn't because then he wouldn't have bought bitcoin back in 2014. he only bought bitcoin back then to use it to buy drugs online.
damn this hits hard to me, i should have hold some more.
you cannot snort teslas...
no. no you wouldn't. i get that this is a joke... but it is an interesting point i'm trying to make: everyone who had the mindset in 2014 that bitcoin was not going to become be a global phenomenon would eventually cave and sell. either for drugs or alpaca socks or for dollars. the fact that they still think like that today is the evidence: i could have bought 7 tesla's. yep you could. but the true holders all think "7 tesla's is nothing. btc is going to a million dollars a coin".
okay...this is officially the saddest thing i’ve ever read. i thought i was smarter but here i am with usdt and no bitcoin.
no motherfucking shit. i got a sheet of acid with my bitcoin. that was like a .
people that say shit like this are the biggest jerk offs
1 would have burnt up. 2 would have failed mdus. but hey 4 out of 7 am not bad, lol.
isnt this pretty standard? i used bitcoin to buy x way back in the days. i know we still have a lot of bitcoin somewhere but me and my friends have no idea where it could possibly be.
only i see this kind of threads as cringe? you are supposed to use money, not just stash it.
it was for science.
if they did not use bitcoin back then bitcoin wouldn't be where it is today
it’s called natural selection. life’s way of saying you fucked up.
either way it is a poor use of the funds
imagine wanting to buy 7 teslas instead of a couple of paganis or bugattis. bruh lmao
the dark web's guys from 2011-2014 are the real whales right now
europol has entered the chat.
well first off you're dumb enough to buy drugs off the internet.
this is a don’t do drugs ad of the future.
this is just sad and do not do drugs guys that is even worse.
i like to think i spent ,500,000 on weed.
i know a few folks who made that type of "mistake".
plot twist: satoshi invented bitcoin to teach new generations to say no to drugs.
and without the mdma you might know where to put apostrophes 😁🤪 sorry, could not resist...
7 tesla is. sure thing, buddy.
coulda, woulda, shoulda. like these druggies would ever hodl till 69k. they cashed the first decent gain to buy more drugs lol.
he could have both, just buy back the coins
at least he had fun 😉
might have been worth it. how was that rock
this is a personal attack
spent 1 bitcoin on drugs and another on btc gambling smh
it wouldn't have had the value it has now. but yeah, would've been nice if he had forgotten about it, and later found it lying around somewhere. the best hodlers are usually dead.
wouldn’t we all?!? hope you made money off those rocks….and some memories as well.
if people weren't spending bitcoin it would never have gained value.
i'd be happy with 3 tesla ,kinda a 50
how about the dude that bought a pizza with bitcoin? yup... a fucking pizza.
i felt this post so hard 🥲
same here, man. only cocaine for me. was left with 3.27 bitcoin. woke up to a nice surprise in 2018.
can i get an amen?
pure mdma is pretty valuable around here tho. nıt 7 tesla but it’s something.
it's actually how my buddy hodled a couple coins , he had a few left over in a wallet he forgot about from when he used to order from dark net lucky mfer
unfortunately, he would have 7 shitty teslas and in 5 years be fantasising about something he could have if he did not buy the teslas. your goal right now while the world is on-boarding is to get 1 btc, then 2, then 5, 10, 20, and so on.
satoshi dice was my drug. omfg. don't make me think about it.
i've blown so many lambos up my nose
hodl and only buy mdma with a few pieces of sats not a whole coin :d
i bought white rhino from south africa. still worth it.
i feel this in my bones.
who needs teslas when you have dmt. 0 - 600000mph in 3 tokes
“giant 🪨 of mdma” lol
fuck my life man
i lost all 18 of my bitcoins to satoshi dice.
doesn't matter. he does not get bitcoin,he would have sold long before he could buy 7 teslas.
soooo he didn’t buy the molly to sell, but to use???
not necesary the same, but weed tought me how to do this properly... i have not enter any "harder" ones but still, it is new experience how to manage your prioroties. maybe lambo in next 10 years ' edit: also spent some decimals of btc for useless skins and lot of other shit which were earned by exping other players in various dungeons... but that was mooooore way early than trading for weed edit 2: and a looooooooot of satoshies were donated with trezor one (approx 10 trezors with 0,005 btc together) to teach some friends and for my local gym i created their own wallet with qr code, not sure if they use it but anyway, no regrets
feel better guys i spent my 3 btc (that i mined) buying the 2011 game brink
can’t roll face on bitcoin yknow what i mean
i had a friend in college who was an early adopter for bitcoin. he was trading pizzas for coins, mowing lawns, telling everybody to pick it up. he was also into shrooms. he and his girlfriend went brain dead at a party and later died when a kid wrongly mixed something up to hand out. don’t know what happened to all his coins, but i wager his family was clueless.
i mean, that was what it was for then, if ppl did not used the coin back then it wouldn't be what it is now.
dark web ate my bitcoin
if i did not use 3.5 bitcoin to buy my ms surface 3 non pro i would have my tesla too.
lol that sheet i bought for like 10 btc in 2012 lookin real pricey
if 7 teslas is what he would spend that money on, i think those rocks of mdma is what he deserved.
for what stands m.d.? asking for a friend
imagine paying 37k for a oz of pure mdma now days
i think most of us know the feel. at least i do
dream market made sure i stayed high on dabs, but no lambo now... :(
woulda-coulda-shoulda. we have the number of bitcoin we deserve, especially if we trade true assets for any consumer goods that we do not really need.
wow this hit home
this is why we should not do drugs guys, it is not good for our portfolio.
too many people are having the same thoughts...👽
true but if boone uses it it will just die.
i dunno, i mean maybe the mdma was worth it?
sheets of acid off silk road….rip
i thought bitcoin was supposed to be currency, like to buy stuff with?
my story is incredibly stupid looking back. at this time btc was around , and i left the change sitting in my wallet. a month or two later i want to buy some more of this something and what do you know, the leftover change i had was enough to buy another . it had appreciated over 400%. i thought "sweet free money for *stuff*" and i did not even think about actually investing in it. i could have been a millionaire t.t
boy i mean... this guy's speakin' bout real world issues here! i'm with ya jetski! it's a tough burden we carry!
i can relate somewhat
since when did pluralizing words become so difficult?
2013-04-09 17:03 1hq3go3ggs8pfnxuhvhrytpcq5fgg8hbhx 69471.08220100 btc that the one? nice haha
i spent mine on 2cb and grey skulls. lol
i was gonna buy a tesla but then i got high
feeling sorry for you mate, you could have save it for later.
who’s the mdma plug right now? need lol
same 😔 for me it was etizolam
implication is that he would sell his bitcoin for teslas - so he still has not figured it out.
i miss silk road so much, and my btc that were left there when they got shut down even more
if he talking about a tesla for 100k€ it would be mdma back in 2014 in berlin worth of 3,5 m € i think if this would be true i would say good job buddy
these are the things which hurts a lot, you gotta forget that.
we are the pioneers ! spent quite a few btc on dw as well... good times xd
yea but how many teslas could you make out of giant mdma rocks?
same her my guy, same here.
yea… 100 tesla’s. but i won’t admit that in public.
bought 500 btc for wish they hadn’t gotten confiscated.
but you wouldn't have all that mdma, so...
in todays price, i bought a €30000 hacked netflix account off the deepweb.
bro for real lololol
you can trust this is true since he is a doctor and this is twitter.
this was more like 2011 for me so i would have like 30 teslas. haha (not really i would have sold most of them at .
i learned about bit coin sometime between 2011 and 2012 from a student two years ahead of me. him and three others would leave their computers idle 24. i feel for them.
the logic here is bad a lot of the time. assuming you didnt buy the mdma, would you even have bought the btc in the first place?
looks like this dude knows how to financial plan.
i can feel your pains 💯, i felt same way when i panicked sold my nahmii last year, before i started dca into buying again, but i feel you do not need to feel sad mate, what will the person that exchanged 10,000btc for pizza feel 🤔, even if you hold till , you will still feel sad somehow if it touches , just move on and search for undervalued gems to maximize your profits on long term
same story for me used to buy btc back in 2013-
not only used it to buy mdma, had half a bitcoin left in my account (worth diddly squat all at the time) and forgot the password.
i wish i did not have a decent drug dealer at the time or i would have been more inclined to purchase btc to pay for weed.
well no, because if he did not want to buy drugs in 2014, he wouldn't have bought any bitcoin to buy said drugs
i bet an entire bitcoin on the new york jets once in college, bad times remembering that
8 years is a long time. any reasonable investment in that time would have had great returns anyway.
at least you didn’t buy two pizzas. that pizza high only lasted an hour tops.
if i hadnt spent all my bitcoin on xans 5 years ago i would be a very rich man today 😭
so many people just have several bitcoins locked on the silk road that they didnt even use.
but if he didn’t plan to spend that bitcoin on drugs would help ever have have bought it in the first place….doesn’t sound like he’s a crypto investor…🤷‍♂️
i won’t tell you how true this is 🤦🏼‍♂️
me but back in 2012. that was some expensive ass lsd in retrospect.
until this post i did not realize that a large portion of bitcoiners is probably druggies.
i did the same thing and despite the financial loss (which is massive), it was hard to know. and i just take solace in knowing that we were a part of the first major use case for it. it was several years later until i finally figured out it was actually much bigger than 'magic internet money'. no ragrats.
its easier to write the drugs i didnt buy off darkweb. sometimes i think about how rich the dealers are nowadays.
if i didn’t use it to advertise my gorlfriends who was prosituting at the time i’d have 1.7 mill
all i gotta say is gammagoblin 😩😩
we did not knew what will bitcoin gonna be that time, it is cool.
2013. 2cb, ghb, dmt. 10 teslas.
7 telsas not as good of a feeling though
drug dealers getting rich
cod've bought 7 silver tesla's, but instead i bought 7 red tesla's
almost bought a new phone after my previous got stolen. i take this as a sign
i bought a 128gb ssd for 52 btc back when it was .50
yeah he would have been sad instead of happy without the mdma
but we’d all be broke. his sacrifice helped build an ecosystem. if everyone just held, it would be worthless.
same... but dawg, that shit was fire. you cannot drive 7 teslas at once, but you can definitely use the lsd you brought all at once.
it was cocaine. but i feel you.
that’s how some people acquired their btc by being vendors
imagine if you would’ve bought tesla stock instead of a tesla! 🤯
didn’t he buy the btc to buy drugs though? these posts are so stupid. you didn’t have shit.
this is slightly true for me. instead of being enamored with illegal goods, i should have just hodl.
bookmaker.com for me. been paying them with bitcoin since 2014.
sounds like he ingested that as quick as a slushee lol. couldve sold it and bought a house on the low
at least had lit time 😂
i bought mushies from silk road then had 2 of my btcs confiscated lmfao
tou do not need to feel bad lol, i'm sure those rocks were worth it.
imagine still wanting an ugly trash ass car like tesla. fucking dumb.
7 teslas... so far.
bro this is soooo f\*cking relatable :'((( no joke, i would be a millionaire right now.
was it good at least?
there is no greater bitcoin loss than the bitcoin pizza guy
my cousin used 150 bitcoin back than to buy headphones
wish someone can give me a little btc
you took the silk road when you could hodl.
bitcoin will touch . lets fly guys
i’ve spent thousand of today’s fiat in .
i used most of mine on women and booze, the rest i just wasted.
you are the jazz
tg, i do not have any bitcoin until today, so i'm free from any thisappointment.
what is really bitcoin???
one of my old friends used to trade lots of lsd using the road, stashed some btc by accident, now owns like 5 tech repair stores and may sell it all for 1m to fund a considerable mining operation.
no loss there, tesla s was by far the least reliable car and worst customer service i have ever dealt with. the mdma was a lot more fun than tesla ownership. the two best days with a tesla: the day you buy it, and the day you sell it.
what the new bitcoin to invest in today?
yes, along with your missing brain cells.
no one on this thread bought anything off the dark web but they like to pretend they did
if i'd been schooled about btc back in 2010 i would have bought 10k of those fuckers, sold a few thousand at the 2013 and 2017 highs and probably kept a thousand set aside just in case.
drugs are bad ... m'ckey
imagine you have that much money, and you buy 7 fucking tesla's...
drugs ruin your life
retarded druggie criminal thug
silk road robbed me of my seven vacation homes as well as my remaining brain cells.
mtgox stole my 50 or so. :(
the silk road was simultaneously the greatest and the worst. rip no regerts
why do you need a limited slip differential in a tesla? ^
i don’t know if i would trade my early dmt experiences as a 20yo for unfathomable riches now. those were formative years, and the psychedelics on the silk road helped shaped the man i became today, setting me on my life’s path. the dark web and bitcoin came around as a tag team at the perfect time in my life. and i didn’t spend all my coins. so i’m still comfortable. depending on how you used your lsd insights, sometimes those experiences are worth every penny.
i got chocolate bar sized slabs of moroccan hash
i donated to wiki leaks very early days :smile:
i bought 3 blotters for almost 3btc from a vendor named flying dutchman :d
i have a bitcoin account i was given 10 bitcoins on when i was 11 or smthn. i don’t know the site or the login. some guy gave them to me not reporting him for hacking after me and my dad successfully traced an attempt by him to steal some information from us to his address. my dad did cyber security for most of his life.
from what i have gathered you got more bang for the buck
me too man, me too.
shitty pressed adderall and mushrooms for me
your gift was ego death
i have a friend who grew and sold tons and tons of shrooms on the silk road. he said the amount of btc he accepted then subsequently sold is unfathomable at today’s rates.
same. we had a few coins back in 2013 for dirt cheap and spent it on lsd and thc concentrates
same! lol and i have some btc left over on a website. anyone know what the top 5 bitcoin online banks were around 2012?
dark web is the only place to get real lsd now lmao. dr suess and gamma goblin the main suppliers rn, crazy to see how much the game has changed in only a few years
if it was not for that there is a chance you wouldnt even be in bitcoin now.
if you hadn’t used bitcoin to buy drugs then you wouldn’t have sought bitcoin to spend in the first place.
same. had a blast though.
well that is a good stuff though even i would have done the same.
use fiat to reload your wallet and then some extra right after a purchase. that way the stack gets bigger, not smaller. \*taps head\*
this really seems like the whales are all drug dealers of early 2010's
spent or or lost?😂
if it was not for my depression self-medication attempts with lsd, i wouldn't have bought btc in late 2016. 5 years later, still depressed, but at least financially stable. nah did not hold all the way through. still made quite a buck
anyone who used bitcoin on the darkweb is an idiot
'member berries are back
ohh... i always thought that a lot of dopeheads got rich by accident, because they had 30 btc change in their wallets or something... but if you are right, the fbi seized it all... rip
this is literally what happened to me bought 30 btc for realized that wasn’t enough to get anything so i just left it on my sr account came back and it was worth like , spent some btc on stuff. forgot about it. came back and it was exactly as you said. just kept going up faster than i spent it. got thousands and thousands of dollars of stuff for essentially nothing. when the site got seized i had like 7 btc on there still. good way to learn to keep things locally stored…
that’s why this whole thing is so hilarious. first major utilization of bitcoin took place on the dark web, and now even kindergarten teachers are probably trying to get their hands on the cryptocurrency 😂
this was like one of my roommates i think. i was only one into pcs and think btc was like , 2012 or 2013. just buying the coins was strange. then he would get an email for the address of the coin.
i know someone who had this happen to him although i do not think it was on silk road
ah yes the localbitcoin and sr days. i’m guessing people will still feel like this about most of todays projects in 10 years. what a time to be in crypto
yeah, but the cops probably went after those people and took all the bitcoin
and then the fbi took it all ='(
pure bs but good story.
yeah well me being the addict i am chose to act like i was going to still have free drugs and ended up homeless 😎
thanks to silk road founder
why have regrets when you had the fun lol, it is all fine.
at least this autopilot works.
people had their fun with the silk road now it is time to regret.
remind us in 10 years
this will gonna age well in coming decades for sure my man.
somebody has not seen basically any scifi movie about ai ever made...
🤣🤣🤣🤣 oh man this post and comments almost has me having flash backs. and that mdma from sr1 days……. of the chain! off the absolute chain! shit rocked out so many parties!! strange can’t get decent mdma in australia atm…... heaps and heaps of meth though 👀 no mdma but heaps and heaps of meth 👀 yeaaaaah no mdma but heaps and heaps and heaps of meth 👀🤷‍♂️
the tesla pills are some of the best.
indeed, he did something great back then. purely great lol.
pink supremes are the good stuff now. also baby yodas.
not if they are orange teslas.
they might if they are orange
i've never understood dumping something that appreciates as much as bitcoin into something that depreciates as much as cars. buying one cool car with like 10% of profits it is understandable. anymore than that is just a waste of hodling.
yeah but it is better than have some drugs back then.
true, he did great by buying some fucking good mdma.
so you're saying tesla pills are impure?
i am damn sure that mdma would have felt better than having those cars.
for starters you can start accumulating today, and then hodl for 5 years.
glad to know that man, mdma is surely better than tesla xd
not probably, i am sure he had some good time. mdma never thisappoints.
no point being sad over it. even if you did not spend it, do you think you would have had the cohones to hold through the ups and downs?
what print was on the tabs?
he could but he did not knew that bitcoin can reach the moon.
we all pretend like we would have held until 60k yet most would have sold as soon as they saw 10x. i imagine the majority of those who made ridiculous money are those who forgot they had it or couldn’t sell for whatever reason, like people in prison as you say.
i think this is just a parody post of real druggies or something.
if people like him did not sold their bitcoin then i do not think bitcoin could be this big today.
it's alright brother, i hope you came out of that unhealthy zone.
would you "be" without the surgery though?
i do not even think "in a way" -- i would argue it gained popularity primarily because people use(d) it on the dark web
both the things are awesome it is up to you where you wanna go.
wow you must be fun at parties eh? 😶
so he would have used it again for buying more drugs?
it's better to snort what you have as of now, do not think much lol
the bitcoin journey starts when you understand bitcoin, not when you first buy some.
it's cool that they all used their bitcoin in different shits back then.
can't deny that but this man is just sharing the pain lol
where did you spend those bitcoin? on the same drug?
these are the people who helped bitcoin to be what it is today.
if we suppose to use the money then why everyone advises us to hodl?
then i think that is good, we should do something for science too xd
true, we should not see the negative side everytime bro.
well you deserve these downvotes lmao, this is not how it works.
7 tesla sounds pretty cooler than a hard rock of mdma.
they would never hold bitcoin like that, they are just shitty drug addicts.
i did yuh fuckin nerd. then i bought more drugs.
but the prices of that coin is pretty much higher that is why he is regretting.
i am damn sure he got some good quality mdma from dark web.
not just personal attack, this is a fucking relatable post.
this is the way but we should buy something else instead of drugs.
they are dead and holding their investment like forever xd
i am happy that i sold some bitcoin in useless things back then.
it's important for the people to understand this small thing.
this is so me, i would love to have some mdma in my tesla.
let's just press f to pay our freaking respect to this mad lad.
lmao i would rather buy more drugs with bitcoin man.
that dude is laszlo hanyecz. most news stories about him say it was a mistake or something, but in reality it was basically about a year of free pizza for him. and he kept some bitcoins as well anyway that he mined basically for free. so all is well. [he bought 2 large pizzas for 10,000 bitcoin in 2010]( and it was hard to find a seller of pizzas for that amount. eventually it was jeremy sturdivant who provided him with the pizzas for 10k btc. at that time bitcoin was worthless, you could not buy anything with it, and he was getting them for free from his computer. it was basically free pizza, he continued to buy pizza for a while. and he is not just a random dude, he posted the first gpu bitcoin miner.
most of us can relate it because we all did similar mistakes.
you guys are so pro at these drugs man, i wanted to do some but my mum never allowed me :(
well you can get 4-5 amens from me, there is no issue.
he need to be cheered up and happy now, leave the past in peace.
he did something good lmao. spending on mdma with btc is a mood.
hodl, eat ramen and do not do anything beside generating money for investments
along with l and cocaaine
we bought and spent something like 10 bitcoins. i get by with work. but not 10 bitcoins get by.
they're called whales now
damn do not blame my man for that shit brother, it is cool.
good for you but you could have hold it to get more returns.
anyone ese use alpha-bay back in the day?
i will never not think people are talking about the old mmo when mentioning silk road
fbi robbed me of my vacation homes when they seized silk road 1 and my balance on there. and to add insult to injury they auctioned that shit off without giving me a chance to claim it 🤬
i missed the caravan all together. at least you were there. curse my skepticism! curse all these extra brain cells!
the book american king pin by nick bolton is a really interesting look at the silk road story, definitely worth picking up
i still hope that one day my account will work again and i can just pop on and withdraw the btc i had left in there for safe keeping
dream was by far the best
they did not rob you, they must have gave some stuff to you.
you know there is an ongoing reimbursement settlement unfolding in japan? you may be able to claim some significant compensation in bitcoin.
u wouldnt have hodled anyway
none. not single regert
it was good in the old days, why regret that lol. it was fun.
better cornering. yes they do make those for teslas.
it's for his lambo obviously
we knew you were being sarcastic without the tag
i'd still be comfortable with this thought if i used it on psychedelics rather than crack
this is the truth man, people should not regret shit.
well my lsd experiences have led me to believe that i am now an orange and i have been peeling myself for the past 11 years
>and i didn’t spend all my coins. so i’m still comfortable. there's the most important thing in your comment.
if julian assange does not face deportation, you might be part of the reason for you it might not mean as much as tesla or vacation homes but, at least is not drugs
ahh those shrooms, i love those shrroms to death. amazing.
yep, i have seen that barely socialable video and that is amazing.
lol i watched that yesterday.
> the fbi seized it all... now we just need an fbi agent to post about how they regret that they had 20,000 btc and choose to sell at .
the fbi seized a lot of it at the time ulbricht was arrested, but not all. recently around (when it was worth only a few thousand). the courts have been tied up with a load of people trying to claim some of the bitcoin, claiming they deposited into their account "to only buy legal stuff" or deposited it and never bought anything, so they should be entitled to get the bitcoin back
can confirm. my sister is a elementary school teacher and many of her co-workers have asked her how to buy it. we both started buying a little over a year ago.
a lot of it was through 3rd parties (still thinking 2013), but it was also way easier to have a cold storage wallet on your own hard drive since back then it was like 20gb's whereas now it is almost 400.
it was "***the great 420 sale and giveaway***" dread pirate roberts announced the sale to buyers a few days before it was due to start (this is a direct copy of the post): *grab your sleeping bag, stock up on supplies and get ready to camp out on your computer for 49 hours, because on april 20, 2012 at 4:20 pm, the greatest sale in the history of the silk road kicks into gear, and you’re not going to want to miss a minute of it.* ***this 4, every 420 seconds, some lucky buyer will win one of our 420 great prizes! from , some lucky person will be chosen every 420 seconds to win a prize.*** *of course, we aren’t stopping there. we are also offering a grand prize trip of a lifetime. a trip for two with all the trimmings to parathise, all expenses included. 12 days of the nicest weather, the clearest blue waters, and the finest accommodations you can imagine are all included. you won’t even need to pack for this one, as we’re including (cough \*weed\* cough) expenses. from the time the limousine picks you up at your front door, until you’re swimming with the dolphins or taking in a helicopter tour, you just aren’t gonna believe your luck!* *every time you complete a sale you can win one of our 420 second prizes, and for every btc you spend during the sale, we’ll put in one entry for you for our take a trip to parathise grand prize. seriously, why would you be anywhere else but on your computer from 4:20 pm (utc) on friday, april 20, until 5:20 pm (utc) on sunday, april 22, 2012.* *one great prize every 420 seconds, and the mother of all grand prizes could be yours with a single purchase.* *but wait, you also get these six ginsu knives – wait, wrong script. wait, there’s more –* ***every item on the site will be thiscounted up to 10%****! in addition to this, our vendors have put together some deep thiscounts on your favorite 420 goodies. more info and links here: silkroadvb5piz3r.onion\_twenty* someone really did win (and take) the grand prize. it was quite the story
silk road was a huge part of the btc's success today ngl.
what kind of darknet vendor would sell you exactly 1 tab of acid?
my guy prolly got 100 tabs for 64$
usually you don’t buy 1 tab, unless you don’t have any friends, also
lol wut a fucking leap to try to thisparage someone while also making urself look so fucking stupid
> lol that’s that “friend” price for the dude in the polo button down and sperry boat shoes.
it's off the dark web in 2014, try 15 tabs
i think we can witness that shit in just 5 more years lol
suggest me some good movies to watch dude, it is been some time.
lol! that silk road mdma was the best… kids these days just won’t ever understand.
any chance you’ve been sampling the aussie produce?
ayo i never even touched a cigarette but i can feel you guys.
> can’t get decent mdma in australia atm…... heaps and heaps of meth though 👀 no mdma but heaps and heaps of meth 👀 yeaaaaah no mdma but heaps and heaps and heaps of meth 👀🤷‍♂️ did you really need to say the exact same thing three times? 🤔
it was pure fucking magic
can't believe not a single person on this sub understood the tesla reference. also orange tesla <3
it's like wiping your ass with 50 dollar bills. shit move, but mega flex.
and why's is always teslas? they're poorly manufactured go karts.
> i've never understood dumping something that appreciates as much as bitcoin into something that depreciates as much as cars. depends on what timeframe you're looking at. my model3 can be sold to carvana today for a bit more than i paid for it in 2019. but we should factor in inflation too (so there is still loss). if you compare btc to my car for 2022, my car has retained more value. not shitting on btc, just illustrating my point that my tesla is pretty awesome. so is bitcoin.
just buy classic cars in great condition.
because people want to buy stuff lol. cars depreciate in value significantly more than money. most things you buy will depreciate in value much faster than dollars. yet people still buy things. because they want stuff. this argument makes no sense. nobody buys are car because it is an investment lol
it is really apt that you're using gambling as the analogy for the crypto market.
exactly - the issue was that he never knew nor intended to invest in it. the issue is not that he *spent* bitcoin, it is that he never invested at all. in that regard he is no different than anyone else
i agree. bitcoin is really great for buying drugs and now, thanks to silk road, everybody knows it. and the drug market likely would not slow much in the coming years, assuming the rest of the world continues downhill.
i'm a blast 🎉 🥳
eh these posts just suck bc theyre meaningless and overdone. im so fucking sick of hearing the bitcoin pizza story because it doesnt prove anything
he sounds like an experienced person, just like my dad.
has to be more ideal than snorting expensive electric cars...
that's the deepest comment right now, we need to learn more.
this is religion. fyi. every christian will say the same thing. "you just do not understand, that is why you do not believe." and then fail to elaborate in anyway that helps people understand because it is not an "understanding" it is a belief. once you believe, then you "know" you understand. so you flip it around and let everyone know that they do not believe because they do not understand. it's self re-reinforcing dogma that is so common among zealots of literally anything. not making a judgement about your belief, fwiw, i have no fucking clue which direction bitcoin will go next and you very well may be right (whatever that means). but you sound like all the mormons i used to go to church with.
i bought mostly mdma and some dmt. i used the silk road until it shut down and then i moved to agora market. i get pretty depressed when i think about how much all the btc would be worth now... i paid . but i really didnt understand what btc was back then, i was young and stupid, just looked at it as internet funny money. i know better now, fiat is the real funny money.
hodl your savings - and only the amount you are not afraid to lose. there is nothing wrong with using money to pay for something. it's the main property of money, after all.
is this really a subreddit? damn i never knew that lol
probably, but i was just pointing out in inappropriate use of an apostrophe.
ah, i meant back then. spent your btc, then buy them back.
or agora or abraxas, really any that was halfway trustworthy because they had escrow.
yeah alpha was always “hanging” out in the forums, they’re back now but i wouldn’t
my first mmo experience.
i know right lol
i had a love hate relationship with that game. mostly hate.
i had 7.8 btc on there when they shut it down. imagine how i felt. my only consolation was finding an old wallet that i didn’t remember i had only two months ago that had .26 btc left in it from all the way back in 2008-2009. the problem there is that i don’t even remember the phone number i had at the time for two step auth and they are being really hard to work with as far as returning the account, despite the legitimacy and me having every way necessary to prove it’s my account.
curse your tiny balls
the caravan is very much still in motion.
you know there are more dnm markets than ever? too late to make the easy millions but not to late to cull those excess brain cells
there was no skepticism over btc if that’s what you mean. i didn’t know what the hell it was. only that i needed to turn real money into secret money to pay the dope man.
sadly the settlement will be for the fiat currency value at the time of the bankruptcy. not the btc.
it's not gonna be significant but atleast it will be something.
seems like it was rejected? there is an ongoing class action for crypsty that you can still register for reimbursement if you have necessary details
i hope they signed up for the settlement years ago then to register their account as part of it.
that's the thing most people would have sold by now.
do they still use it in plaid? because there should be no need as it has individual back motors.
teslas are amazing jokes apart, they are like sports cars.
now you know for sure.
i should clarify that i did spend all my initial coins but then i got some back in turn
never gunna find it i tried a few years ago i smooth brained
i'll bet that [these two agents]( regret stealing 1600 of them.
he asked me to figure out how to buy them. after a few hours i couldnt figure out what was a scam or real so said i am not sure how to buy them. wish i had spent more time learning now as i would have bought 10. but guessing would have sold at 1k.
there used to be a couple that sold high dose single tabs. like 420+ mcg tabs.
i bought two strong tabs in one order, once. lots of smaller vendors that weren't just doing wholesale quantities. so honestly, about half of them would do that.
a4 size. cut it yourself
100 tabs for ,000 🤣
i’ve always pause around 70 for a strip (10)
* ex machina * mother * i am mother * the matrix
had a pill recently, not the same for sure
off i am kids these days :( i dont understand :( i've had a few phenomenal rolls, but most stuff is cut with so much shit that it is unrecognisable
still have a party “vintage pack” in the safe. got 1g of vintage ‘13 super trips , some ‘14 checkpoint and a handful of euro presses. even have 2 pokeballs from ‘10 left for a special night
i certainly hope not, kids should not even be using mdma
this is giving me chills and nostalgia at the same fucking time.
not recently no ur self?
> nobody buys are car because it is an investment lol people do buy cars as an investment. usually exotics. they are made in small numbers, depreciate for a decade then start to appreciate. even less rare cars are appreciating - check out the prices on 993s on ebay.
as an introvert, i am so jealous of you guys man, you cannot imagine.
the worst for me is the ‘we are still early’ posts they make me gag
true, they need to try something new now these things are pretty old lol.
agora was the best, abraxas were motherfuckers that exit scammed
what do people use today? i really am asking for a friend. i’m kinda amazed there isn’t a decentralised and unstoppable marketplace that *everyone* knows, being that is is actually a *very* good use case, an actual problem to solve (even if a debatable one). instead we have shitcoin exchanges.
saw an interesting video on youtube yesterday that put forward evidence that dream ended as an fbi honeypot - seemed convincing but i can’t vouch for accuracy - link if you’re curious -
how do you even have an online wallet from 2008 that had 2 step auth? i started back in 2011 and there was no way in heck i would have used any personally identifiable info like a phone number for anything bitcoin related.
i’m not entirely up to date on this as it does not impact me personally. but i thought i read that they had recovered a large amount of the stolen bitcoin and would be able to thistribute it to creditors.
yep, that is the sad part lol, people are getting robbed.
damn, i wonder who will keep the difference... surely not the lawyers... they all hate bitcoin, bitcoin bad 🤣
i've only seen model 3 and y mentioned.
worst reliability and service ever
can you please tag your non sarcastic posts as such? thanks
wow that’s a crazy story, you think they saw the potential in bitcoin? or just saw half a million dollars they assumed couldnt be traced back to them?
further reading for those interested:
exactly lol there were a lot of ballers vendors on the silk road.
there's literally tons of sources for pure mdma. different markets, same stuff
interesting...how do they differ? reckon we are all just getting old?
where did you get that from? dark web or something?
i bet you haven’t ‘rolled’ and you say rolled cause you read it in a meme
my point still stands tho.
we are still [early on the adoption curve.](
i feel like punching everyone of them who says shits like that.
thos piece of shits, robbed us with our money lol. not happening now.
damn, did not know they pulled that, guess i just got lucky with them
not sure, it is been years so you'd have to do a little research.
that's definitely some conspiracy lol, gets me going fully.
yeah might be that the 3 motor version of previous model s also had individual motors.
can't speak to their mindset, but people do not try to steal things they think are worthless. it definitely helped solidify my perception of its value.
they thought they could get away with it. one dude knew fuck all about technology from my understanding.
the markets are flooded with research chemicals that did not exist back then. these analogs are not the same.
how do they differ?? well iv consumed mdma since 2004. the difference is one thing. it was real up to around 2015 there is no way in hell the shit that gets pressed into pills here in australia is mdma… no fucking way in hell. when a half a pill would get you wasted loving everyone and everything for 6 hours easily. n shit what about the faces and shit ppl used to make lol and the size of everyone’s pupils back in the day? there is none of that shit anymore??? go to a night club now…. u get everyone telling how many mg if md they have in there pills… whilst sitting down looking at there smart phone! never seen anything like it 😅
depends on who you buy from. i’ve gotten some pure shit recently. (champagne)
i have a buddy that gets his pills from california i think (i live in texas). the biggest difference is the peak. to be honest i think the pills he gets are laced with cocaine because that peak is pure trash compared to the pills i used to get from the dark web. one time a friend and me took two each (1.5 hours between each pill) and literally stayed up all fucking night waiting for the peak. the high was ok but nowhere near as good as the good shit from back in the day. the other difference is the physical pill itself. whoever is doing the pressing sucks ass.
i do not know lol i think i am getting younger because of those pills.
could be an age thing but first it want pressed, and the roll was more smooth but then tapered off a lot faster, after a few hours i just wanted to go to sleep. then the next few days the after effects were way shittier.
haha how come you assume this? i've had my share of jaw mangling, eye *rolling* rolls :)
your point is very subjective. you want to buy a car, the next guy might want to save, it’s comes down to an opinion that not everyone in the world has consensus on.
but that’s like saying the sky is blue over and over, it’s fucking nauseating
this really hurts man, people gotta say something fresh.
yup, cheaper and therefore more profitable selling to newbs
yeh it is strange for sure. last time for me was taking some reagent tested stuff around 3 years ago, felt very hot and just plain antisocial. far cry from back in the day when you would be talking about saving the planet with your mates when walking home at 6am, jaw vibrating like its battery operated lol. i'd love to know what changed. maybe because i'm an unhealthy sack of crap nowadays!
that shit was pure fire back then. now it’s just real methy
i've heard loads of mdma sold after 2008 is actually mdai, since china added some export restrictions on one of the most common ingredients used to make mdma. and from what i've read most drug test kits would not show mdai as anything different. there are also a lot of other chemicals that works like mdma that would not show up different on most tests (mda, mde, mbdb, mdai, eutylone and others)
you lived a pretty good and golden time sir, i wish i could taste that 2004's mdma.
all of it is cut with meth now
ohhhh shit!! old mate!!!! what makes your mdma pure? cause it’s champagne?
yeah it varies on different places. i bought some gold stuff in california too.
you are getting bk-mdma instead of good ol' mdma. bk-mdma has the same come-up as mdma but you never reach the peak or even near it.
interesting man, thanks for sharing. one would think that how cheaply the stuff can be produced these days that we wouldn't be having these problems.
the guy thought he’s in some exclusive mdma club of some sort
it's does not matter if it is subjective or not. thats irrelevant to my point. my point was never that everybody wants to only save. i never said that. i was just making counter point to someone saying it make no sense that someone would buy a car with bitcoin. the same logic applies to dollars or any asset that depreciates in value. "why would someone want to buy someone that depreciates in value with an asset that increases in value.". that kinda mindset will certainly lead to the failure of bitcoin as a currency. it's deflationary and stuck in liquidity traps.
most people know the sky is blue though, there is doubt among some people that bitcoin is on the up over the long term.
gonna take these words to shut other retards who say that we are still early.
i can only see that happening if the person did zero research on who to choose
fuck man, just everything could be solved and everyone is your best friend, resolving conflicts like nothing and people you love seem to glow in front of you. i hope it is ecstasy that is changed and not me.
cut with meth nown
true, nobody like that methy shit right now. it was so good before.
interesting… mdai never heard off i don’t think. be good to do some research... there’s a decent documentary out. where a journalist is actually in china going to these warehouse lol
champagne is my favorite. but to get a sense of how pure it is i have a few home test kits g!
no... it’s just defiantly fucking shit compared what it used to be…
you know what i am saying though right?? these ops making these posts are trying to convince themselves that the 79. this is the issue
that's true tho, it is important to tell these things to newbies.
question, where do you get the test kits you're getting? i'm paranoid the sites could be plants haha
we all know they did not bought shit back then even if they did, they spend all of it.
nothing illegal about getting a test kit man
the ability to seize property or rights without a court hearing (that the defendant can attend and bring a lawyer to defend themselves) is absolutely unconstitutional.
land of the free\* \*terms and conditions may apply.
it seems like a conflict of interest to take away someone’s property without any evidence of wrongdoing, if the proceeds become revenue for your police department. i saw a video where a policeman randomly pulled a man over on the highway, and because he was (legally) carrying , they decided that was too much money for him to have, and therefore it must be ill gotten, and they confiscated it. he broke no laws, answered all questions, and allowed the police to search his vehicle. they had no cause for suspicion or evidence against him. he was dumbfounded when they told him they were confiscating his savings. i guess if your department wants some new equipment, all you need to do is find someone with cash and rob them. edit- i don’t post links, but if you’d like to see the stunning video i’m speaking of, just search for the following title in youtube. watch cops seize combat vets life savings the video has the police cam footage. this man is very cooperative and candid and not trying to hide anything. he is traveling cross country to visit his daughters. he is gobsmacked when this policeman decides to take his money away, for no reason other than the man simply has it.
did this law apply to the sackler crime family?
look up federal adoptions of cash on highways. department a (local or county) finds you with a lot of cash. you say you dont trust banks (legal) they take the money, press no charges, send the case to department b (federal mostly) and that is an adoption of your case. once you are beaten down to your socks and so much time goes by they will ask you, if instead of charges and court and trying to prove your money is legit. (instead of them proving its not legit) you can surrender the cash with no investigation or fear of further charges. the cherry, department a gets 80% of that money back for department use. so make sure that the cog you are goes back in the machine and stops trying to get out. love.
aoc is talking to institute for justice attorney dan alban. ij is constantly suing the government over civil forfeiture practices. check out our latest video, which shows how nevada police (with the aid of the dea) [orchestrated the seizure of our innocent client’s life savings. ](
well that’s a stupid law
time to end civilian forfeiture, and qualify immunity .
i'm european but this is something i would expect from the ccp or ussr, not the usa.
hello, european here. what is the name of this « procedure » they are thiscussing ? would like to learn about it.
i'm confused. yall did not really think these people are here to serve you did you?
in the uk i know a number of people who had money taken out of their private bank accounts to pay charges brought to court, ***which was still under appeal***. the terrible issue for many people is that they cannot afford to appeal when their property has been seized.
this is why. never talk to cops. there's nothing you can say that will help. telling them that your attorney has advised you not to consent to interviews without them present is the only thing you should ever tell a pig. tell them you'll wait for your attorney to arrive. no matter where and when. if they try to continue the interview, ask them if they are still attempting to interview you after you've requested your attorney. protip: actually have an attorney. acab.
yeah, our founders weren’t about this shit, that’s for damn sure (outside of the loophole of buying human beings and considering them property). no human’s property should be seized by the government and sold under the conditions given in the video above. it’s unacceptable.
never talk to police. make them work hard for their info. better call saul!
does this forfeiture thing apply if you is mountain man and live by your own mountain laws…
it’s their country we just live in it
this happened to many people in canada. the department uses this to fund themselves. they go after regular folks. wonder how one can stop this bs
this is actually a big thing for a lot of conservatives also. it would be nice if people found common ground here.
if you think that is bad. go look up bail in - shits f'd up
does civil forfeiture exist in the developed world outside the us?
first time posting ever, not that it matters but if you research on how this law came about- you guys will thiscover that no other than our current president joe biden was the architect of this law. google “joe biden civil asset forfeiture” and you will get to know more about what he did. you will also thiscover countless other horrifying stories!
tell me again why americans do not like this woman? she is constantly standing up for you and all i see is hatred and criticism of her.
lmao the u.s of a is a fucked up country. don't get me wrong, there is probably alot of good things about it. but i feel like there is more bad then good...
wait is this the kind of real life issues that get brought up when you have a non senile, under 65 mp?? there should be more of this.
nacho keys nacho coins
welp, time to go full on in crypto 😂
the important thing to understand is: these are not her ideas; libertarians have been warning all of you about civil asset forfeiture and big government overreach for years. she parrots marx now she is parroting ron paul.
it's fucking bullshit that you have a load of actual paper cash on you, you can get detained and the cash seized. who is this government to tell me that i cannot take my life savings in a suitcase on a flight. yes, it is very unlikely that anyone would do that, and it would be very unsafe, but still, the police and government should not be able to take it from you, fucking bullshit.
can someone tell me her name please? i've seen her talk before a few times and she so well spoken!
what kind of soviet country is she talking about?
hey, where are all the "you're just hating on ted cruz/<insert-puppet-here> because he is a republican" people now that aoc is spitting facts?
pretty sure she supports unrealised gains tax
bruh the right and left have been attacking this issue for years. poor rand paul loses a lung when its brought up.
that country is so fucked
they can sell it, wtf??
united states, land of the free?? lmao...
it should be noted that these laws vary by state. many do require burden of proof or a conviction to validate seizure. however, most states base this law on "preponderance of evidence". this is where it gets tricky. it means the seizing party must convince their authority that there is at least a 50% chance the seizure was justified. i would imagine they usually get away with it.
why be a real estate agent when you can become a cop and do this.
can’t stand her but hope she can make something happen here.
the one thing i have to agree with her on.
acab all the way...
everyone arguing about aoc, dem vs repub… you’re too small in your thinking! bitcoin is much bigger than our american politics. it is for everyone. bitcoin is personal property right for all of humanity for the first time in history. the petty decisiveness? bitcoin fixes this.
she is hot 🥵 😍😍
fuckk she is so fucking hot. has my vote alone on that
it's why protect and serve is in quotes.
i don’t understand. wasn’t the us about freedom and rights? how is this possible in the land of the free?
fuck the police, all of them
remember kids cops are the good guys lmao
that cannot happen in el salvador though you have to go through the whole legal apparatus it could take years until they sell the confiscated property. imagine laws from the 1800 in el salvador were ahead of their time even in comparison to the us.
michael "even if you fire bomb my house, you still am not getting it" saylor
alot of posts here referencing scenarios of having cash on hand to buy a car and having it taken, or some story of a guy traveling with 100k cash. not defending the law, but these situations are rare and are usually just inconveniences since these types usually will goto court and even have attorney fees covered under cafra. the reality is this is mostly a problem for inner city low income people having small sums of cash taken under suspicion of drug trade. going to court is more complicated and logistics may make it less cost effective to fight forefriture. because the effect of the law is mostly felt by that crowd, most voters do not really care about this or perhaps are not even aware.
this sounds like communism to me
a.o.c. speaking for the right but hated by the right.
didn't think i would see aoc on this sub. love to see it. thanks op.
aoc spoke really well here
hmmm...do 'taxes', ring a bell, miss cortez?
wake up and get involved in running the country. time is running out.
greatest country in the world, land of the free………
i sleep easier knowing she is out there bustin heads. someone fuckin needs to. my course of action has always been anger and nihilism
agreeing with her here but in canada it is all people with her beliefs enforcing these laws so it is hard to trust someone like that even if they can say outloud how ridiculous it sounds
would be great if this law also applies to billionaires. i do not think anybody can get rich as shit without having done something sneaky.
i find it funny that aoc is complaining about taking other people’s assets
communism at its finest. don’t follow the rules of what we want, we take your assets.
aoc comes across as a decent politician. it’s a pity we know they don’t really exist.
i wish you people would stop trying to make crypto political. i know the media keeps your political tribalism going for everything else but it is not in your best interest to try to win crypto for your tribe. i do not give a shit what ted cruz or aoc has to say about anything crypto related. only a smooth brain would buy in to being a republican or a democrat. if you are, try turning off your news media for a month and reflect on trying to just be an american.
that's alot of desk banging. remindes me of the office episode where dwight has to give the speech for salesman of the year. just bang you hands and throw some fists around to get the crowd riled up.
she wants rethistribution through expropriation she knows that speech was bullshit.
what about guns? can the police take guns away if suspected in a crime? does the alt right know this?
this is what i call progress.
heh... and americans say property rights in china are bad.
did she just argue ? women, cannot decide on where to eat, cannot decide on which serfdom to impose.
yet she still sits on the left lol. please, make our fucked up government even bigger.
i'm amazed she can read
biden helped push it into law so maybe talk to him aoc
and yet the dumb bimbo has spoken in favor of a system where the government can take 70% or more in taxes. aoc on 60 minutes... “you know, you look at our tax rates back in the ’60s, and when you have a progressive tax rate system, your tax rate, you know, let’s say, from zero to ,000 may be 10% or 15%, et cetera. but once you get to, like, the tippy tops, on your 10 millionth dollar, sometimes you see tax rates as high as 60 or 70%. that doesn’t mean all at an extremely high rate, but it means that as you climb up this ladder, you should be contributing more.”
🤢democrats are destroying america, and they want to control the crypto market. don't vote by mail or electronically, they will steal your vote. screw ocasio cortez🤮!
who is this again ?
no, her ulterior motive is to say what you want to hear to enrich herself and enslave you. derrrrr
within a year's time...maybe less...we will not have landlords in our world. things will change fundamentally soon as all this pops off. i'm still of the mind they are allowing all the illegals in to our country to replace what's expected to be lost in the war.
anything coming from aocs mouth is repugnant as she always has ulterior motives.
isn't this the chick that constantly wants to confescate people's wealth? you'd think she would be cheering the government (cops) doing what she talks so much about wanting to do to "the rich".
thats what she wants to do so bad
she is socialist só she must like this solution
ironic that this is exactly what she wants to do through a “wealth tax.” step in and seize property.
who tf wants to hear this communist bitch talk
>something is rotten in the state of denmark
this is scary people plz plz plz let’s stop this together i seen how they can take advantage of this and it is scary often criminals are not the only victim of this civil forfeiture
the us is a satanic thisturbed place where used to be freedom
this is ironic due to the fact she wants to tax people into the ground and give other people's money away.
she is just described taxation you dumb cattle.
what a strange timeline. a commie is advocating for property rights, in commie countries, this is just called exporiation without compensation.
god she is so annoying and dumb. this one minute video could have been condensed down into one 10 second exchange.
how can people not see that aoc is a fraud :d lol just look at her. the glasses. its like she is wearing a bad costume. goddamn.
on a side-note; i think it is so obvious that aoc has no deeper understanding of the matter and i really thislike her exaggerated and fake outrage.
the point of the video is great, but the chick from the video is aoc. she is the same one from the tax the rich dress. she is not very against theft.
but this is ok, right? watch the hearing. he asked her to give a yes or no answer. john kennedy went full joe mccarthy whatever charm the louisiana senator has does not mask that he is a smart and vicious republican of the new school. aoc gets wrecked all the time, while republican senators and congressmen.
wow, she made sense for once.
the void of intelligence spews from this woman’s mouth every time she speaks.
watch out aoc, keep talking like that and you might become a republican!
she could take my home without arresting me any day.
aoc being based for once, glad to see it.
how else is crockett and tubbs gonna get their ferrari tho?
what’s it going to take for americans to flip the script? i’d love to have a newer rwd v8 to drive with cool lights and a shotgun mount!
who do you think the government is. many forms of government, not just washington. wake up
that’s ass backwards. the cops should have to prove it’s drug money not the other way around.
no laws matter until they’re all applied equally.
her solution is of course to get rid of property all together. if you do not own anything, there is nothing that can be taken away from you anymore.
😆😆😆😆 occasionally cortex brain farting about gubmint abuse. ironic.
she is often an idiot butt on this topic she is correct, this is just another way govts have found to rob people, though currency printing
thus post does not belong in the bitcoin thread
for the first time i've heard aoc actually say something that makes sense. about gave me a heart attack.
if the only thing aoc ever accomplished in her career of grandstanding socialist policies is to eliminate civil asset forfeiture, then i will say bravo, she did a good job.
i want to bang aoc so badly. please someone help me i’m so horny
i would fuck her
she is hot bros. side note, what does this have to do with bitcoin?
bitcoin enters the chat 🪙
the correct term is "pennies from heaven".
so you saying bitcoin as my property could be seized? sold to commoners?
proceeds to read 1000 pages of conditions where you are not free
with rules for thee but not for me
lol it is never been free.
*"freedom is not free, when it can be taken away"* something george carlin said once
i need this to be a t-shirt!!
i saw that video too. it was so fucked up at the end he is telling the officers that he was visiting his kids and now he is got 0 money to finish the trip or even get a hotel and the cops just fucking looked at him like he was trash. they took away his entire life savings for fucking nothing!! they tried taking it for their department but fortunately he was able to get his money back with some legal help.
worst part was he literally had years of bank receipts with the cash accounting for all of it and thats probably the only reason he was able to get it back.
step 1: never agree to a search, and while we're on it never let them in your house, either.
there are so many conflicts of interest in the judicial system. courts are a prime example. cops write tickets that are used to generate city revenue. courts issue fines and fees, that fund the courts, probation, and county jails. i do not believe there can ever be 100% unbiased justice with so many things financially incentivized in the favor of the legal system. then add that police, judges, and prosecutors, get to hide behind qualified and judicial immunities, and no one is held accountable for their actions unless they extremely overstep.
and then grant yourselves a raise that is funded by this money
the libertarians have been fighting against the civil asset forfeiture for many years. the police departments have become the thieves the steal more from the people than the criminals.
the city of rotterdam, the netherlands wants to make it illegal for people to carry more then €2k cash to fight drug sales and money laundering. guess where bitcoin is pretty popular?
did the guy get his money back? how the fuck is that allowed?
they are greedy iron fisted bitches.
i remember in these cases they will eventually give back half of it if you sign some kind of sworn statement saying that you forfeit the other half voluntarily and fully. just makes it even more sketchy.
it’s insane. i’m really glad that bitcoin fixes this.
thats why they are called pigs for a reason
i think there was another case like that. a guy that was intended to start a semi truck business toke his money with him and flew to phoenix, and his money was confiscated, even after he was released he did not have his money back. some states would take your remaining funds away when the bank suspends your account.
i saw that too, terrifying thinking how little the rule of law is actually applied
did the man get his cash back?
yes , but do finish the story - he got his money back. it is thisgusting that police officers are incentivized to make seizures like that…
this goes on in mexico for forever, and people wonder why they cross border at any cost. either federalist or cartels take there shit at random.it’s scary to think that this takes place here too. to say it is police they are just the entity that we associate with this but it’s much bigger than that.
also having a debit card fixes this. it's not illegal to have money.
the dog hit on the money that their might have been drugs. which honestly all money in circulation has traces of cocaine on them. that alone should not be grounds for taking someone's stuff. they need to do a proper investigation. the guy was too trusting. cops have a job to do, but they are not your friend.
thank you for your service essentially
if i’m not mistaken you cannot carry more than 10k at a time without risk of confiscation. it is related to having to report any transaction of a certain amount. this is standard procedure, not saying it’s right, but if there is proof the money was legally obtained it will be returned.
he also ended up getting all the money back after they found it didn’t come from a suspicious source. obviously a shock to him but yanno if you saw thousands of dollars in the trunk of a car would you not wonder where it came from? moving money like that is exactly the type of thing criminals do so you can’t blame the cops or govt for making such rules.
nah the law is for the rest of us
and the funny thing is that the right wing here accuses aoc of being a “commie” or marxist all the while fighting to protect the police state.
for many people who do not understand politics, espcially people in the bitcoin forum. too many of you are trying to conflate left or right leaning ideals with authoritarian ideals. there is another spectrum called authoritarian and libertarian. for all you libertarians, you are opposite of authoritarian, but you can still lean left or right (dem, rep.) .
no shit !! thank you for pointing that out from the outside looking in !
it’s called civil asset forfeiture. it’s more or less as described in the video. the police stop you. you have a large sum of cash on you. if they *think* the source of that cash is criminal, they can take it — without first having to prove in court that you committed a crime at all. no warrant. no arrest. they take it, and it’s up to you to prove that you didn’t acquire it illegally. so to get your money back, you have to go to court. you have to hire a lawyer, file a civil claim, and prove in court that the money was wrongly taken. that can take a long time. months to years to never. and while you’re fighting to get your money back, they get to do whatever they want with it in the meantime. if they took your car because they thought it was a drug running car, they can auction it. if they took your property, they can sell it. and guess where that money goes? into the budgets of the people who took it. it is criminal racketeering that is literally unconstitutional and courts are allowing it. so the police keep exploiting it.
it's called "we have no evidence that you have committed a crime, but nobody with that much cash is innocent, so we will charge the *cash* with the crime and arrest it. if you have a legitimate reason to have this money, you can prove it. if you cannot, we are keeping it." no fucking joke.
civil forfeiture (also civil asset forfeiture)
originally this was started under the rico act as a way of giving the police power to fight organized crime. now it is just a way for police departments to fund themselves.
this procedure is called "doing the public wrong". lol
government sanctioned theft. or "civil asset forfeiture" as they like to call it.
there’s a good segment by john oliver on it, as a fellow european it seems like such a nutty thing to give the police the power to do [link ](
a lot of people seem to be under the impression that a police officer is more than a person with a weapon and a uniform, and that they are posessed of some kind of emergent property that entitles them to their authority.
sure they are, here to serve you with a notice of forfiture.
it's still good to know specifics.
mountain laws are highly dependent on witnesses. so, if you is 3 mountain mans vs 1 mountain cop…
if multiple officers arrive to enforce the law, the answer is always yes.
even a mountain man's pelts are not safe from civil asset forfeiture.
any sources? curious to read
fuck the politicians that make the laws.!
what do they do? civil drug gifting? and then execute you for possession?
yes. it exists to various degrees in many places and has a very long history.
it is not a direct democracy. it is a representative republic. there is a difference. "you have a republic. as long as you can keep it."
as an american, i agree. great culture, great lip service to freedom. evil, predatory government.
she is a champagne socialist.
why? she actually makes some good points and asks very real questions to people on both sides that need to hear them. even if some of them can be a bit naive at time, i actually respect the heck out of this sort of approach of questioning and shaking things up
aoc has accomplished absolutely nothing in all of her loud obnoxious chilthish ranting. this will be no different. the only reason she could be so hard pressed about this issue is because she might be afraid someone is going to seize all of the wealth she is amassed grifting the left for office.
where i'm from (canada) she is a moderate. what do not you like about her suggestions? imo she is trying to give the usa a fighting chance on the world stage. right now, most countries wont take advice from america. if you cannot take care of your own, why would we take advice?
their tenet has changed from "protect and serve" to "law enforcement"; from being helpers to being enforcers.
we can’t. it takes billions of dollars.
like what has been done to the working class for decades through wage theft?
nah. she wants rethistribution through closing corporate tax loopholes and tax cuts for the rich and making multi-millionaires and billionaires finally pay their fair share of taxes after literally paying .
i live in a democratic country, some might call it socialist. nobody can just take our stuff here, you guys are living the dream.
women can’t live with them… can’t live without them
lol what are you talking about. this type of law has like thousands of years of history. this most recent incarnation is from the war on drugs which started in the 80s. easy to look up on wikipediab but nah you can only get info from ben shapeno for your smooth brain. edit: well i'll be damned, he is right
don’t think you understood what she said mate maybe try reading that again.
bitcoin isn’t for any political party or ideology. don’t be an idiot and turn people away. have a little nuance with your thinking. bitcoin fixes the stupid divisiveness.
what is this nonsense? if you think someone fighting for your right to have your fair day in court to protect your property(crypto too) and not have a way for the government to just rip it away, civil forfeiture, then you are just seeing someone you do not like in a clip and spewing garbage. did you even listen to what she said? you are a fool
thank you vladimir for your trilling with your 2 week old reddit acct
because this law can also be used to take your bitcoin
well, big *yikes* all around for this comment chain. delusional.
the great reset will be met full force with the great reckoning.
i believe her motive here is helping people in her thistrict. durrrr
theres a difference between taking a poor or middle class persons car or home, something they need, and taxing barely 2% of an ultra billionaires wealth because they are using it to dodge income and capitol gains tax. its like property tax but for stocks
yikes. not enough hugs as a child i guess?
she wants the super rich to pay a fair share. people, the average american worker and those who are a couple of times richer than that worker, do not have anything to fear, their tax rate will never be high under a left-wing american government.
yes, because civil asset forfeiture is no biggie and thus any outrage over it must be fake.
care to share your deep understanding? since her lack thereof is so obvious for you?
but yet her total agenda is for the government to gain access to all your assets and take them for equal justice
she is saying the same thing many republicans were screaming about it 2008 -2010. she is way late to the party. edit spelling
when did she say that?
have a little nuance
this law can be used on your bitcoins
the immense majority of what she says makes perfect sense and is in the interest of the average american worker. to think otherwise, you'd have to be on a nasty diet of abysmally bad media outlets of the far-right persuasion.
and yet, letting the government seize people's property is at the bedrock of her whole ideology.
ben?! ben shapiro? that you?!
me too. :) it would be happy times though lol.
always been said though
>land of the free\* > >\*terms and conditions may apply. never has been...
and you could clearly tell from the man’s behavior that he was straight up and that was his own money. the cop was grilling and grilling him, and the man was totally candid. he had nothing to fear because he knew he did nothing wrong, and was trying to be cooperative so that he could continue on his way- but boy was the man surprised when the cop said he’s taking his money away!?! wtf!? even the cops demeanor seemed to view the man not as suspicious, but rather an opportunity for the police to profit from. the man was later able to prove that it was his money, but how do you even do anything when the cops steal all your money? his daughters probably had to wire him money to continue on his trip! this is like russia- these cops should be arrested for this bullshit. i would have been losing my mind on that cop- this guy was very composed given the circumstances...
what state did this armed robbery happen in?
this is another reason, among many, why we need federal legislation to remove qualified immunity and judicial immunity. these asshats can make decisions with little to no recourse, and hide behind their titles and positions.
that shits how john wicks are born
to be fair, when did you need or want to walk around with more than 2k in cash ?? and you trying the link this to the popularity of bitcoin is laughable.
bitcoin does not really fix this. it fixes like one tiny part of it. it's such a broad law encompassing many things.
or you know... a debit card.
yes, but had to fight to get it back. they did not just hand it back over.
i saw a story a while back about how one of the western states, i think it was new mexico, use this to fund a lot of their local police departments.
the guy didn’t imagine anything could happen. he hadn’t committed any crime. the cop says- do you have any drugs? no, i don’t take drugs. are you carrying any money? yes. can we search your vehicle? sure. ok, sir- we are going to confiscate this money. what? why!? why would you take my money!?
it's not illegal to carry money either but here we are.
not if is is prepaid. edit: it's even worse, further searching shows they can freeze your bank account and seize it.
if the govt even thinks you did not earn it lawfully then it is illegal for you to have it but magically it is ok for them to steal it and use it without proof of this. the irs can also arbitrarily seize funds from your bank accounts so debit cards do not fix this.
dude had the records for the money. it does not matter though because the cops can take it for no reason at all and there is even a financial incentive built in for the department to take the money. it's hilarious that people in a bitcoin subreddit would even remotely think civil forfeiture is okay in any circumstance.
there's no law that says you cannot carry x amount of cash. and you are only talking about bank regulations that has nothing to do with cash on a person. also it is laughable if you think that if you prove the money innocent that you will get it back especially all of it most times you barely get a portion of it back if you get any of it back at all even if it is legal.
if you are flying domestically, you may carry any amount of cash, and you are not required to declare the cash. if you are flying internationally, you may carry any amount of cash, and you are required to declare the cash if you are carrying over - but again- perfectly legal to carry any amount. i believe it’s the same traveling by car. however, i believe things can always go sideways with these forfeiture laws, and you may lose your money. it’s not illegal to carry a bunch of money around, and it’s only a problem if a cop finds out and decides maybe the money is not yours (without any evidence whatsoever) and so he takes it away. so again’s perfectly legal to carry your own money around with you- this is america! so do what you want with your own money- just don’t get caught with it!
he had to go through a prolonged legal process to get it back. he was lucky to have the legal means to do so. many people do not.
they had no reason whatsoever to believe the money was not his. they should not arbitrarily take your money away without probable cause or some kind of evidence. . lots of people have a lot of money, and it should not be a crime to possess it in your car the same way you possess it by numbers in an app. if they have a reason to arrest the man for drug smuggling or whatever they should arrest him. they should not take his money just because he has it. he told them he didn’t trust banks- that’s as valid a reason as any other to have his money. you can’t arrest people for no reason, you shouldn’t be able to take their money for no reason either. this can happen to anyone with any amount. ? ? ? what fucking difference does it make?
dems and reps are both neo cons tho. they're "left and right" of the same line.
it’s like a big “legal” game of finders keepers, but in this scenario, it should be called- takers keepers. “ok guys, while you’re out patrolling today, be on the look out for any well heeled traveling retirees, farmers, or anyone that might be carrying cash. if you find any cash, just confiscate it for any bullshit non-reason, and we’ll use the money for a new tv, fridge, and sofas for the break room. all right let’s break, and be safe out there...!”
why does not the department get sued for violating 4th amendment rights?
they’ll just take the 100k then deny they ever saw 50k and by the time you get a lawyer to find your 30k there’s only 20k left and if you win you’ll get 100% of that ,200 they originally took.
guilty until proven innocent.
good luck telling them that at a traffic stop. acab but it helps to know specifics.
then laws of jungle take over.
yes please i never heard of something like this being legal in canada.
fuck the police that act like they make the laws
fuck the corporations that buy the politicians!
who said it was a direct democracy? although it’s a crime that we don’t at least have ballot initiative.
because morons keep voting for more government government doesn’t fix anything it causes the problems did they tell you they’re going to fix can i tell you they need bigger government to fix it until one day you live in a communist country.0
police stealing money without a crime to fund government endeavors? that sounds pretty commie lol.
i love how so many americans have no idea what communism is. basically: i disagree with it, so it's communism. and communism is bad (?).
even if she were socialist (she’s not. she advocates for a system that is basically just a mixed economy with a stronger welfare state) there is nothing saying a person couldn’t be wealthy in a socialist society. sure it’d be much harder to be wealthy because you wouldn’t have individual capital owners, but you would still have highly paid members of worker owned companies for example
you can run for local office. you can help those who do. you can post online about injustices being done. you can research your elected officials voting patterns and get out in your community and talk about it, maybe even try to get them primaried. average folk aren’t doing this now. it will get worse. then they will.
also does not own any stock or bitcoin so she can be impartial.
because every person who gets to a certain level within politics has sold themselves for funding or future promises. to be a name in a corrupt system means you have to play by their rules. fighting for working class usually means an unlimited supply of money. where does that come from? as the saying goes “guy fawkes was the last honest man to walk the houses of parliament”.
we will never see that day in america, ever ever... the wealthy corporations are writing your laws with money. this country is only for power and us dollar. freedom isn’t what it used to be.
that is incredibly naïve to think that millionaires or billionaires pay zero dollars in taxes.
ever hear of property pay role or property taxes of course not your possessed by a dead ideology.
just because it has been a thing for a long time doesn’t mean policy cannot be passed to make it more or less prevalent. it’s always the people saying “read a history book” that haven’t actually done so lol
you do realize biden has been in the senate for a very, very long time right? you must feel like a jackass now... or a smooth brain
she said the government can take 70% of what a person makes. pretty simple to me.
... make you upset? sorry f\*\*k your feelings, you might be one of those thisguised communists\*=. move to california buddy
a bartender, has a degree in international relations and exonomics, works a shitload of hours a week, a first generation (state side) american, and a representative in the united states. she is awesome
people (like in their games) just have no map. that, in my opinion, is why in comics movies and others everyone is just collateral. i mean it does kind of check out. *basically, they fade into the background, because they are the background.*
shes a crook, she will say what you want to hear to get your vote and f you over. typical liberal
if it’s only 2%, then you’re right. we can all get together and agree to take it from them. 98:2. i like those odds.
theyre saying she is a communist which is dumb.
she is a socialist. that is their endgame.
yep but maybe she might do something foolish and actually fight for people's rights.
he had to convince his brother to wire him . i do not know how he was able to stay so calm. probably because he was a former marine, but that just makes the situation even worse imo because how are you as an officer going to steal the life savings of someone that served your country and treat them like a criminal. i know i would have been fucking livid. hopefully something actually comes out of it and we can abolish this asset seizure bullshit.
100% agree. immunity just let us people make retarded decisions that harm others and get away with it.
watch the video, man. they didn’t have any cell phone data, prior knowledge of him going to cali, or prior knowledge of the cash, and they hadn’t been investigating this guy prior to the stop. the dogs did alert to the cash, but basically all cash has trace amounts of drugs on it. going under the speed limit is unusual but legal and cannot legally be used as grounds of reasonable suspicion or probable cause. the point stands that they did not have sufficient evidence to charge him with a crime but they were still able to legally seize his property, and that’s wrong. it can happen to anyone. bonus tip, don’t cooperate with police, don’t answer questions.
the last 2 sentences is all you really needed to say.
read what you wrote again buddy
i have needed to - buy a used car, furniture purchase, auction purchases, etc. - but the real point is it shouldn’t matter ‘why’. its legal tender. if it is ill gotten, that violates other, existing laws. enforce those, and wuit trying to add more ways to control people. this isn’t a chess board or the sims.
when did it become your issue that others want to carry more than 2k of their own cash. you cant even buy a lv bag for less than that and again it am not your money so wtf is it to you
>when did you need or want to walk around with more than 2k in cash ?? need, buying a snow mobile for cash. want, because its fucking mine and i should be able to do what i want with it, i'm not committing a crime. >and you trying the link this to the popularity of bitcoin is laughable. i cannot comment on this part since i am not from rotterdam. are you?
when i wanted to be a free person in a free country.
what business is it of theirs how much money is in my pocket? i dunno about rotterdam but in the us 5a protects against unreasonable search and seizure including some samuel l jackson wanna be asking whats in my wallet. most free countries have a similar provision in their founding documents, canada certainly does.
i like to walk with my cash.
buying a tv, i've been traveling out of country with 2 grand, there are lots of reasons
cash deposits end of day from a food truck? any number of reasons. most importantly because they want to for any reason they want.
guilty till proven innocent. insane.
they cannot just seize the funds within the account with which the debit card is associated?
a debit card will not keep you safe from govt thugs. maybe from the police but the irs can and sometimes does seize funds from bank accounts (thus debit cards) without the owners consent.
lol, who is up voting you? i do not think you are on the same page as everyone here.
lol having loads of cash on a debit card implies that you trust the same system that would willingly steal your cash for no reason. debit cards are no safer if you don’t trust banks.
a debit card that’s tied to a bank you obviously don’t understand the real problem we face
i can’t find good source but i’ve seen several stories where they tell the people they can settle and get 80% or some other amount back and avoid further charges. it’s straight extortion.
being able to seize money or property is important to the functioning of the legal system. an example would be if someone destroys my property and the judge awards me damages for it, they should be able to coerce the person to pay, whether they want to or not. they might coerce the person through threat of jail time, but if the person does not pay i do not get anything out them doing jail time.
i never said civil forfeiture is acceptable
i never said that the cops always protect the innocent or don’t do unethical things
you have to file a specific form on top of just declaring it to not have any issues
i maybe wrong but when going to court in the us you have the right to bring your own lawyer or you are provided with one. that’s what helps give you a fair trail
i’m not saying it’s right but realistically most people don’t usually carry loads of cash with them. so when it happens, and the cops find out you can’t blame them for treating it with suspicion as this is how most criminals launder money or intend to use it for illicit purposes. plus, if i remember rightly he just had the money laying in clear plastic bags in the trunk. at least put it in a bag or briefcase so it doesn’t look as dodgy.
kind of how this country was "thiscovered". i am glad that now this is happening closer to home people are starting to care. ime native americans have been dealing with this for a while.
a republic is not a democracy.
they would not understand until it actually happens to them. i wonder how life's going in venezuela for all the people that were drunk on maduros siren song. i'm sure they are all feeling super great about their wonderful decision.
while i have not always been an aoc fan, and in fact lean to the right politically, i greatly respect what she is doing here and similar situations. she is brave enough to stand up for people that very few others in office would risk their political careers over.
i think you are thinking of trump. understandable that you would confuse the two
"rashida tlaib and ocasio-cortez are the first female members of the democratic socialists of america elected to serve in congress.\[7\]\[8\] she advocates a progressive platform that includes support for workplace democracy, medicare for all, tuition-free public college, a federal jobs guarantee, a green new deal, and abolishing the u.s. immigration and customs enforcement (ice)."
i'm glad there are so many reasonable people in r. rarely do i see politics in here but i imagined this place would be a free market capitalist libertarian echo chamber with zero pushback.
missed the panama papers did not you? been proven the ultra rich have tax havens all around the world.
. as for the rest of their taxes, the loopholes and offshore tax havens and federal subsidies and tax cuts reduce their tax burden to a mere fraction of what it should be
oh you poor thing
look up what a progressive tax system is and you won’t be as confused.
back in the 50s, if you made a million%.
not how taxes work lmfao. how old are you? have you ever had a job or paid taxes in your life? did you graduate highschool?
bitcoin is not for any one ideology, country, race, religion, use-case, etc. bitcoin is personal property rights for all of humanity for the first time in history. your thinking is so small.
i knew someone would ask that, and i honestly cannot remember. i do remember a couple of the cases they were yelling about. a majority of the issue was with the patriot act, and law enforcement claiming people were financially structuring payments. the most prominent of those was a convenience store owner depositing sub . the other case was a guy traveling on the interstate with a large sum of money (over ) to buy a business, and had all of that seized without being charged for anything. glenn beck, yeah i know, was really leading the charge in talking about all of it, and had several politicians on the show talking about it. that is about all i can remember on that subject, and i am surprised i remember that much about it.
nah she just picked this topic cause it has universal support, she is a politician and thus dgaf about anyone or anything but furthering her career.
amen to that, brother
that was f’d up on so many levels. it’s quite unbelievable, until it happens to you.
i am, and i do not think it is any more popular than the rest of the netherlands. i would even say that is not even popular as rotterdam is one of the poorest part in the netherlands.
exactly. innocent until proven guilty. there is no law that i am aware of that limits how much cash you can have. i also find it odd how easy it is to be on the end of “that looks sus”, and to what degree lawmakers and criminal justice people jump over that line like a pole vault and nobody bats an eye.
2k in a developed city like rotterdam? and even if you do, that is fine by me... i just commented that this is not a big reason bitcoin is getting more adopted, as the person i replied to stated. there are many valid reason bitcoin and other crypto is seeing more adaption, but the reason i replied to is not. if so, i would like to see the studies surrounding that. but sure let us downvote any reply that just 'seems' negative towards bitcoin... i actually very bullish on bitcoin. but i still point out comments that i feel are wrong.
shhhh, the police don’t know about bank accounts yet!
no but the irs can
not for the scenario being currently thiscussed (watch cops seize combat vets life savings). in this specific scenario police could not have seized the veteran's bank accounts.
i've been hodling for almost 10 years now. but i'm also not stupid enough to think that btc will somehow fix the police being a piece of shit. sure they can still take your money from your bank account, but it is much harder to do vs pulling you over and just taking your car or your valuables.
people who are not dumb are upvoting him. debit cards and bank accounts have their own issues, sure. but all these cases of people leaving . (i still think civil forfeiture should be removed though)
that's a while different can on worms. we're talking about people getting large amounts of cash or valuables being taken during a traffic stop. it's going to be very difficult for your traffic cop to be able to get access to your bank account from a traffic violation.
a lawyer took on his case for free
that would have been ideal
if the cop wants the dog to alert, the dog is going to alert every time.
yeah after a court hearing. seizing it without evidence of any wrongdoing is what’s happening
again, u’t say anything about direct democracy, and i didn’t say anything about a democracy and republic being the same thing.
this type of thinking *in general* is what will be needed to help bring america back out of the political dark ages. we need to see ideas for their soundness, logic, and merit; not pick a side to defend despite the ideas.
i hate trump too, and aoc is nowhere on that level, but she definitely has some "wacky" followers.
what you're saying is true and verifiable. but the guy you're responding to will never understand-wing talking points. it's genuinely sad, really.
i insinuated that he is responsible for modern civil asset forfeiture laws and how they are enforced. which is 100% accurate. and you claimed i was brainwashed. maybe don’t be such a jackass with stuff you do not understand.
i literally sent you video of joe biden bragging about how he expanded the scope and enforcement of civil asset forfeiture. not sure how else i can respond. you began this by calling me ignorant and brainwashed. so it’s just been fun call you a jackass.
i am in favor of a progressive system. and i believe the current rates are sufficiently progressive and are high enough. it's obscene to take half of a person's income, and in some states it is already that high. doesn't matter if it is the first or last dollar.
really. so you earn a thousand bucks and the government says i'll take 70% is not obscene, just like civil forfeiture? and believe me, i have paid taxes. and not on the 1040ez.
you do not think she would like to fairly rethistribute your btc? why do you think so few women own bitcoin, for example? for sure there was some kind of thiscrimination preventing women from getting into bitcoin, so the government should do something about it, no?
people need to stop licking boots. it’s not illegal to carry cash. unless police have sufficient evidence to find probable cause that a crime is taking place, they should not be able to seize property. this needs to change. edited
the legality of a search and seizure, normally, does not depend on whether it is *plausible* that a crime has taken place. it requires probable cause. here, the police do not have probable cause but they are able to seize a man’s life savings through a wrongful process with only a hunch. think bigger.
dude wait until the cops show up at your house, say they had a report of drug dealing going on. bring you in for questioning, ask you how long you’ve been dealing drugs from that house. since you have many friends (i can tell) that come and go, you can’t prove you aren’t selling drugs. the found a few weed pens in your nightstand. so next thing you know your house is their house! would you just say “oh well, i did have those vapes?, guess i’ll go find another house”??
there are obviously levels to this, nothing is 100 prevent solution to any problem. but bank account are definitely seisable, which is debit.
yes, but the reason this man chose cash over banks is because of a lack of trust in banks. which doesn’t take much these days. we’ve all been robbed by our banks to some extent. i’m simply pointing out that there isn’t just a simple solution of “well use a bank dummy” edit: not to mention, your solution of blaming him for being allegedly foolish for not using a bank is sort of alarming here because you’re implying that this man was at fault for having his money stolen by police and thus the police did nothing wrong. which is fucked because obviously the police stealing hundreds of thousands of dollars from people with no real reason other than deciding its weird for a person to have that much money is a fucked up problem that shouldn’t be ignored just because you thing it could have been avoided.
it is implied. it does not need to be explicitly stated. i am making an explicit clarification.
thats not how tax brackets work. they wouldn't take 70% of your first
did you even read my comment? you clearly did not. i am well aware gb was not and is not an elected official. his name was brought up because he had politicians on to talk about it. you are unbelievable.
an unnecessary and incorrect clarification, as the term republic equates to representative democracy in the us. you said a republic is not a democracy, but it is a type of democracy since officials are indirectly elected by the people.
no, they would take 70% of the income above that bracket. point is, for that thousand you have to give 70%. it would be like taking a persons car in civil forfeiture but saying, "we did not take the house, 401k and bank account so we only took 25%."
yeah she will make sure that you will never get rich, too.
i understand your comment now. it sounded like you were defending the police’s actions by coming up with hypothetical situations that would show they had some deeper insight on the guy. my bad on being so aggressive. i still don’t think the police are doing those things in this instance; it’s not at all necessary for the guys’ apps to be communicating with a low level police department for this to happen. i think we should be focusing on the unethical seizure, which is right in front of us, rather than exploring hypothetical surveillance that we have no evidence of.
no that is not correct. you do not understand how taxes work.
it’s all good. have a nice day!
bring me my volcano-powered decentralised magic internet money right. the. fuck. now.
imagine if being a bitcoin country brings about similar benefits to a country having oil
volcano powered mining? i feel like these have got to be decked out in evil villain type head quarters. do they have a volcano shaped like a skull i can open a mining operation at?
volcano powered digital money? this is the right timeline.
so, to sum it up: btc legal adoption, low-cost energy for mining and no capital gains. the more i look at it, the more i see a perfect mix for a country ressurrection.
what a proud time to be salvadorian.
we’re going to mine money with computers using volcanos
news headlines, 2040: "san salvador the tech capital of the united world federation will be the first city which builds earth-mars teleportation channel!"
all the countries with oppressed indebted financial systems are seeing the light one by one.
i guess el salvador 🇸🇻 just gave elon musk the 🖕. regarding bitcoin not using clean energy
normally this would've made bitcoin move heavily. funny how elons fud can tank the market and a country adopting bitcoin as legal tender does not impact it all that much. these are strange times.
id laugh my ass off if they became incredibly wealthy as a county and my dumbass country of the usa who wants to keep pushing the dollar is left behind. its funny, the us is greedy as hell and wants more mone and control, but china wants more control than money it seems.
gotta ban volcano now
anytime a person in power in developing countries talks about advancement and getting ahead of the curve i usually assume it to be some kind of power grab or another mechanism for corruption. for some reason, my bs meter is really high on this guy. let's hope it does not turn out that way.
somebody get the icelandic thermal energy industry engineers on the phone! if anyone knows about geo-thermal energy harvesting, it is the 100% renewable energy generating nation of iceland.
please correct the country name to \*el salvador\* thx
looks like el salvador is about to receive some old fashion freedom, courtesy of the united states government.
that’s good press! magma money! ' iceland and new zealand enter the chat.
the birth of shin-ra.
is this an onion story? 😂
lemao, boomers at r
"we here at the u.s. state department are stunned and saddened to learn that the el salvadoran government plans to use and exploit freedom-loving volcanoes in a cynical bid to create unregulated terrorist bitcoins. also, we're equally shocked and outraged that global warming will be happening. we stand with the people of el salvador as they seek regime change and embrace freedom and democracy (p.s. if the rebellion works we'll pay you in bitcoin)."
but do the volcanos want to power the maths of transactional confirmation? do they get a say?
nicaragua should be next, they have even more volcanoes. el salvador can now become an energy power in the hemisphere, at .124 per kw, or around , a single well. with china shutting down mining on multiple provinces and the current hashrate putting out only 3 blocks an hour, agile mining companies should already be knocking at el salvador for mining accomodations, best of all, they can pay for electricity directly with clean btc, el salvador could have its reserves filled to the tune of 10s or 100s of millions a day depending on how much electric capacity they are willing to go for. they should move fast, the rest of central america has volcanic power too and once they see the energy windfall, along the possibility to become crypto whales and have a say in these markets they will pass similar laws. a massive clean and competitive energy market in the region could have a very positive impact for these currently poor nations, development credits, education, social programs, and tourism could change the lives of millions of people. the salvadorean president will meet with the imf tomorrow, hopefully they have already figured out the huge potential they have available, and make the case that investing in central american volcanic energy, internet infrastructure and crypto mining would most likely have an impact on the current migration crisis, which should also be good for the us.
but but how could this be??! i thought it was bad for the environment, surely there’s no way there are clean alternative sources of energy
so, basically the president of el salvador bought a bunch of bitcoin and he needs it to see . got it.
this is the kind of bitcoin news i like to see.
i foresee a future american funded overthrow
fucking brilliant strategy. those firms will likely also pay their taxes with bitcoin, as the new legislation seems to promote.
el salvadore is the future.
the guy does not make any sense.
yea when those volcano erupt, the crypto market is literally going to explode to death.
i really hope there is an underground lair incorporated into this
so tim dillion joking about using volcanoes to power bitcoin mining at the bitcoin conference wasn’t actually that crazy of a thing to say?? lol.
if it weren't dangerous atm id be planning a nice lil trip to el salvador
i live in the largest geothermal area in the world, just north of san francisco. the majority of our energy for 600k people is generated using a similar method as would be used for this project. it works great.
i love bukele for this, it is great step for the mankind. i saw this video that summarises it perfectly
all latin countries will follow . ecuador, columbia, argentina, peru
bitcoin is heating up boys and girls!
good luck landing a miner that is not an overused piece of trash and that is actually delivered after payment. them miners in china are hoarding every single piece of profitable equipment.
from their volcanoes? huh? is that geothermal using steam? that is quite limited and difficult to scale easily
he should have done that for providing electricity to the people in el salvador
upvote if you’ve made bands off bitcoin like me 🧐🧐
el salvador bought a bunch of bitcoin and now he is spreading good news to pump bitcoin for those gains
how are they going to cool down the mining rigs?
a more or less authoritarian dictator is lying to your face (nothing is zero emissions lol), and you're like woooo yeah. take a step back and think critically about the source and motives people sheez. even if it were completely true, that is still **very bad** for el salvador. when more and more of the money comes from an isolated, government run company, and not from the thistributed work of the people, it allows the ruling class to further and more brutally ignore human rights and value given to the people. because they are now making less % of the income of the country, so why not pay less attention to their needs and oppress them even more? you see the same thing with countries that make most of their money from gold mines or diamond mines etc. they become the most brutal dictatorships of all, complete opposite of improvement. it is a smart move for the "president", but only smart for him and his cronies, not for the people.
meanwhile 5% of el salvadore people have power in their homes
¡viva el salvadore! ¡viva btc!
absolute galaxy brain move
this guy is telling people whatever they want to hear, whoever they are. it's scary as fuck.
what if this whole acceptance of bitcoin as a currency somehow turns into a thisaster from corruption, interference, us meddling ?
yea hope people aren’t dumb like 1. the dude look like a super villain 2. you guys think el salvador is safe baby is like mexico there is a lot of gangs so pretty sure if you are thinking of getting land to make a factory for bitcoin mining well you either better watch out for robbers,gang members trying to ask you to pay in order for your stuff to not get destroyed or you get rob or kill 3. high floods and heavy rain 4. cartels
what a [~~great~~]( business man
msnbc headline tomorrow: "this just in, anonymous source. not only that, but infallible congressperson aoc confirms that volcanos are indeed racist."
game changer for el salvadore.
it's happening!!! we already passed the point of no return.
volcanoes emit a tremendous amount of co2 sorry not a green power source.
now this is thisruptive thinking in latam
this is one of the godzilla origin stores plot lines.
wow... cool but hot
what do they already power their volcanoes with? i’ve never heard of that
welp if they can curb and make living better i know where i’m going lmao
can someone please do a comparative analysis of energy consumption and waste by volcano vs global banking system?
volcano-coin? today just keeps getting weirder.
i was going to read it then i noticed it received the jerking off cat reward and i am outta heeeeeere
what an og! this is the way
yes! let’s get that digital volcano moneeeeee!
please be kind i'm a noob. how can i trust bitcoin as a store of value when said value remains volatile seeing dips as far as 50% or so (sorry if i'm a bit off) i'm very interested in using crypto as a way to protect my wealth -60k area it would be devastating to someone ina financial bracket like me to see there savings cut in half over night
does anyone know how many miners can be powered with the proposed 95 mw that will be used? like how much of the hash rate would that mining operation capture ?
el salvador's total annual budget is 111,000 btc per year, they can use all the help they can get.
not interested in moving there, but an accessible way to invest and be paid back in btc would be cool.
i hope this young lad (leader) does big things for the world... def hope he’s a pioneer to some of the biggest greatest movements ever... and that old timer presidents like biden and other ancient fossils begin to look up to his intellectual activities.
are they trying to ditch dependency on the dollar? i dont know anything about the relationship between el salvador 🇸🇻 or the us but would that have anything to do with their adoption?
the us government is going to regulate
volcoino... lava magma so many good coin names in geothermal sciences!
this is why rick needed an alternate elon musk to team up with the guy that works in a volcano.
send them to sos they are already doing this except with rivers not volcanoes lol
never thought i’d see the day where i would say i’m bullish on el salvador.
any chance we can toss elon musk into that volcano?
that's a meta title if i have ever read one.
since when are volcanos zero emission?
we are definitely living ina simulation! volcano mining 🌋 what are people doing that are not in crypto? must be so boring, the mainstream media said nothing about this huge event, it‘s like they are deliberately keeping major news from folks
\*\*shall we play a game?\*\* love to. how about [geothermonuclear war](
and he announced a plan 2 hours later
that is why this is all a smoke screen. elon saying buy it taking it for teslas and then reversing taking it but still holding it. he just wanted to manipulate the market. so buy...hold...wait...
$! imagine this making el salvador become a better country
take that elon !!! el salvador has you beat on environmentally friendly energy!!!
this is such a 2021 headline
this should have 100,000 upvotes. ' this should be the most upvoted post on reddit.
i would like to buy some volcano coins when available. willing to pay extra.
i love this. it's good for el sal, good for btc, good for the world, and free power rules because it means you can mine forever on an old rig and this is awesome for network security. still, this is funny to me because volcanos put off gigatons of co2, but you cannot tax the volcano, or make the volcano feel guilty for polluting more than it is fair share so the volcano agrees to give you power. so we just ignore it.
does el salvador have a "citizenship by crypto investment" program? if not, they should.
i like the thinking...
is this real life?!? seems like a life or country hack 🤣
that sounds like evil lair shit
thats a damn good move.
i would love to see el salvador go from the poorest central american country to the wealthiest.
is the president of el salvador a tim dillon fan?
i'm in on crypto great solution to the banks
the real hero i think we found fuck musk!
wow...either crazy or genius
i want to have a dual citizenship with el salvador. beautiful women i mean country.
highest murder rate in the world.
now this is the guy worth listening to. he is not words but actions! gonna hurt the muskers!
governments that mine > governments that print
rip rtx 4080. we’ll never know thee.
my salvadoran parents think bitcoin is an actual physical coin.
is el salvador going to be what venezuela was 20 years ago?
dude sounds confused. all the way to cargo cult level.
am i the only one concerned this will just make the country a hub for organized crime? i love cryptocurrencies but i feel this is going to backfire in the long run and corrupt the country.
you had me at volcanoes.
mkty is using renewables as we speak to mine.
syndrome also did this with his lair
cheap stuffs cause the world and environment to turn carbon unfriendly. mining heavy and ice melting quickly, cannot you see that?
damn. at least have some respect and learn how to spell the country that adopted bitcon.
i knew btc was going to skyrocket and did nothing because i was convinced that mining was equivalent to crowdhacking digital encryption, and as an intelligence analyst, i was not going to be part of that. boy do i wish i'd hodl'd the !
hello everyone. can anyone here give me his binance referral id? i've heard if i use certain binance referral id i'll get a 10 or 20% on my purchases, but not quite sure if iit is a scam. no one, absolutely no one, of my friends have a binance account, so i'm here trying to help a bunch of strangers. fuck that fucking bullshit, right?
if that actually happened in the way this title makes it seem, i would move there for the memes
these are some interesting ideas.
oh that’s really really awesome.
el salvadore is the the year 3000 while the us is still using paper money.
how stable is this renewable energy? it would be amazing to be able to generate electricity from the heat of volcanos.
hats off to him for this!
how is this a good look for the bitcoin community
they found big deposits of bitcoin in their volcanoes? :o
they are coming late to the party. although el salvado’s president is doing a good job and have great ideas, other governments, by the way, a criminal one, and more like a dictatorship has been doing it for years now. here is a link of how the venezuelan army has a pool to mine crypto.: army and their crypto farms ]( a country where inflation is crazy, people earn an average of , and many more horror stories, the government spend huge amount of money on asic rigs
within 1 week you’ll say “i got my money from a volcano.”
volcanos spewing out bitcoins. i like it!
i just want a graphics card man
this sounds like something a supervillain might say to get the public on their side lol
tim dillon called it at the btc conference in miami. the internet is still undefeated
cool. i want that plan too. does anyone have it?
this reminds me of the cryptonomicon book by neal stephenson
so that's like free money?
bitcoin, powered by volcanoes
"0 emissions" since when is a bloody volcano healthy?:d
according to reddit all i need is whale vomit and bitcoins and i never have to work again.
what if i told you i had 9 bitcoins?
now we be talkin !!!!!
this president is very innovative!
who makes the el salvatore ganacci - horse meme ??
i am beginning to understand why his twitter pic has laser eyes!
i did not know that volcanos are 100% renewable
volcano coin to the moon! sounds promising
that’s absolut cool: elon just trolled, nayib change the root. huge! and just to compare: tesla’s revenue is 32 b$, el salvador’s gdp (ppp) is 54 b$.
i do not get it. if they could do this all along why not do it and sell green renewable energy pre bitcoin adoption? hell i do not know why they made bitcoin legal tender and not something like usdc since dollars are already their domestic currency. then suddenly 70% of their population has access to 8 - 12% interest on their idle money. and if a farmer or something wants a loan they can just lock up that usdc and borrow against it. then as they repay all the principal goes back to them. something here does not quite feel right. was reading an article that just because something is legal tender does not mean a merchant is required to accept it. something about all this does not seem all that well thought out. a society used to working with dollars is either going to cash out of bitcoin as soon as they get the international remittance back to dollars or swap to something pegged to the dollar. either that or they will be hodling and not spending. el salvador doesnt have any kind of currency issues like venezuela because they use the dollar. change happens gradually not all in one step. seems if they were serious and crypto they would adopt a us dollar stable coin as legal tender.
this is desperation and. el salvador could not figure out how to balance colones so they switched to the dollar and that was dumb, worked out horribly. . . now these random bitcoin proposals. es just no.
cool news, but let’s be honest. this is a way for a questionable government officials to move away from traceable dirty money. since the panama papers, people on the take have been looking to switch their game up.
good point!! usd will - just have a look at the massive m2 usd increase last year - inflate more and more, so even stable coins on usd. and the fed still will not base their decision on a small country out of us. so making btc to 2nd legal tender (so give merchants, etc. the task always even to count with btc) may possibly gives el salvador on the longer run independence from the us and so from the inflation. to reach that on an other way, el salvador could build their own fiat - but that would even be far more complex…
well good luck with that
seriously, what a time to be alive!
looks like el salvador might get libya treatment by us.
how are we not already using volcanoes for natural power sources? we use wind and solar. i've also always wondered why we arent using ocean waves (lunar gravity)
this will bring bitcoin around the world as a. form of payment faster*. -
can we get in touch with them and invest in such facilities?
this guy gets it. control the money, control bitcoin
commence the btc mining cartels and ensuing war that will prevail upon the innocent hardworking central. if there is a way to even make btc violent...it will for sure have its genesis in latin america i fear.
best of luck to el salvador buying asic miners.
imagine you build one geothermal powerplant dedicated to one facility designed to mine cryptocurrency.
he sees the chance he has at making big money for his island an put the offer out there, why not let people mine for him because if your mining on his island then best believe he is putting money in his pocket but besides that it will help bitcoin get future excepted as a form of payment
lovely. a man with a vision.
crypto is just starting 🤩
bond villain say "what".
savatore ferragamo does not accept bitcoin don’t be deceived
volcanic ash temporarily causes global cooling.
how are people going to use bitcoin in everyday transactions? is there any real technical work done on that?
can't wait to see the environmentalist concern trolls try to spin this negatively
they’re going to fucking hate him so much
an energy company will be able to overbuild renewable capacity gaining volume efficiencies, and use the surplus to mine crypto while the el salvadorian economy and therefore energy demand grows underneath it, fueled by the cheap electricity.
elon musk; how you feel about that broskie?
the president of el salvador has clearly understood that bitcoin is a tremendous opportunity to fix his country. to do this, one must fully embrace the bitcoin revolution and seek to take full advantage of it. promoting the use of renewable energy for bitcoin mining is part of that.
says every bitcoin hodlers that complained about elon musk effecting the market price... yous are a hilarious joke unless it is going your way. 😂
imagine if all countries did the the same thing, how big this would be! digitalgold!
so what's it like living in el salvadore and is it possible to immigrate? sounds like the perfect place to retire with my gains.
i am imagining a bad ass james bond villain in his bunker deep in a vulcano, mining his bitcoins to have sufficient cashflow to execute his malicious plan to rule the world. but hey, he is doing it with green energy. better have a working planet if you plan to rule it!
wow that is very interesting. that's why young leaders are the best...
i’m telling you , wakanda version south americas
anyone else think he is one of the intelligent presidents in the world?
how are they going to cool those rigs? just wondering
the us will invade it soon declare volcanoes a threat to the free world and cap them off or claim that is where weapons of mass destruction or being held
i hope there experiment with accepting crypto gets successful
meanwhile major outages are happening in san miguel 👌🏼👌🏼👌🏼
where can i buy a volcano? serious question
this energy could and should be used for much more directly useful functions, hospitals, public transit, or just put on the grid directly
this is worse than a paid tv commercial
hope more tech countries will follow, this is good for bitcoin
tim dillion was joking about using volcanoes to power bitcoin mining at the bitcoin conference
that's funny because only a small portion of people in el salvador has electricity in there homes
shit just got real... government owned and operated btc mining operations.
does the factory will open to the other bitcoin miner manufacturer?
anyone interested in buying land with geothermal potential in el salvador. my dad works real state and has connections down there.?
on the subject of mining, power guzzler number one... actually hardly anyone is interested, but bad news is not good for a steadily rising share price... strongnode is trying with their new project to use unused resources and reward the end user, just like with mining. i can only recommend this project to you, take a look.
a. it's el salvador... nobody gives 0 fucks about el salvador. if one of you dudes actually finds something worthwhile to buy...from el salvador...good on you. b: bitcoin is less than worthless. its a huge burden on our energy infrastructure and has a direct correlation to climate change. it will never be renewable, nor emission free. since no one ever has been able to harness the power of a volcano, i doubt one of the poorest countries in the world can good luck tho el salvador. you of all nations have the track record to do it 😂
el salvador is such a corrupt country, it is a perfect match for bitcoin! it would be great if all the bitcoin whales moved there and never returned!
proof of stake might make this a bad investment, long run.
foreign country, creating untraceable money using computers, evil lair in a volcano. i'm starting to feel less like i own crypto and more like a henchman helping with world domination. heil cobra!
this is funny, the energy network in el salvador is very unstable, a lot of people across the country do not have electricity in their houses, and now it turns out that we have enough power to mine bitcoins? hillarious at the least. i'll search for sources to show the stats of electricity reach in el salvador.
bukele is el salvador of my portfolio.
pretty sure geothermal is not very clean, but fck it. slavador ftw.
i'm going to offer mining powered by my farts
this would be great news if they weren't cleaning out shelfs of gaming cards. like when the fuck are people expected to afford and able to easily get a modern graphics card???
don't get me wrong, but making bitcoin a legal payment option, makes money laundry super simple, just sell something for btc without paying taxes and pay for goods in el salvador with your newly acquired btc. i am not talking about drugs or whatever just regular goods. or do i miss something?
just ignore the other 70% of non-renewable energy being produced in el salvadore. it's clearly better to make power plants for the sole purpose of mining bitcoins than building them to reduce reliance on non renewables. absolutely nothing wrong with this at all.
lmfao this post, drill into a volcano to get pressurized steam for energy. good luck. lol.
come on bro!! i know we are all bullish on btc but believing that a country ravaged by economic thismay, gang violence and drugs going to be a beacon of enlightenment and progression is just fucking ridiculous!!! snap out of this and be realistic
salvadoran here: even though i love my home country, the president wants to do it because of our (almost) zero application of the law. what i am trying to say here is that no matter how developed the bitcoin regulations are established, the reason behind is mostly for money laundering. don't get me wrong: as an economist, i love crypto and support it. in fact, i am an investor. what i thislike is the real motivation here, which is not trying to boost the economy or make history adopting it, but to support the ulterior motives he and his political party truly have. finally, do not believe everything that the media shows or what he tweets: lots of things are going on behind closed doors and he loves having the cool guy, homie image.
i’m all for bitcoin, but the importance of this is over blown. no one from the first world is moving to el salvadore because of bitcoin, and it’s still a crime ridden, even perhaps authoritarian state, if you look at how the current president is cleaning house of the previous regime. wake me up when a top 25 country makes bitcoin a currency.
seems like a recipe for a doctor evil plot.
the ultimate pump and dump about to be pulled off by the president of el salvador.
so we can’t solve climate change but we can leverage natural resources to mine virtual currency?
looks like el salvador could use some more freedom.
these are the type of news that i want to see here, el salvador president is intelligent
watch the us intervene and thismantle this plan
sure beats yellow metal dug out of the ground and traded for little green paper
or gold. digital gold.
the sovereign individual thesis is playing out before our very eyes: first individuals, then companies then countries. 10 years ago it would have been unimaginable to have laser-eyed presidents mining bitcoin using state-owned geothermal plants. falling like dominoes, early entrants are being rewarded for their insight and courage and laggards punished with having to buy in at higher prices in the future. since the laggards are largely developed western countries, the net effect will be a transfer of wealth from these larger nations to the smaller, more agile ones, thereby balancing out the world wealth. all playing out perfectly.
well actually its even better than that: if the scarcity and power requirements need cheap zero emissions energy to mine then it is okay to invest in these technologies, because advancement in that field will overall benefit the energy requirements and alternative future energy sources. "if the energy source is enough to mine crypto at a profit, then it is likely good enough to use as a generic power source for other things" in a way in that sense the high power requirement of bitcoin can be a benefit, if it accelerates the technology of finding a sustainable and growing power source that is cost efficient and hopefully fully zero emission.
are you implying the americans are going to invade or overthrow their government?
imagine if a country traded oil in crypto...
this is a really interesting insight! any country that is resource poor can now tap into mining crytpo. japan is famously resource poor and they import a majority of what they consume. it's the reason they tried to conquer so many asian countries in wwii.
ah a man of substance. do you think this will be a digital resource curse? what similarities would you draw between oil and btc? very interesting point you made. could speculate for hours.
the benefits of something similar to oil without the corruption of oil. sounds nice to me.
no need to imagine…it will be the most profitable industry one day.
now countries with stranded energy sources (geo thermal) will become the new resource rich nations. do you know how many miners can be powered with the proposed 95 mw that will be used?
*george w. bush has entered the chat*
when you think about it, one of the problems with localized energy production is how to effectively thistribute it. using it for crypto currency would allow them to utalize it without that problem.
oh, boy, a stable democracy like iran or iraq or saudi arabia? isn’t having oil actually a curse that de-incentives economic diversification?
aren't new bitcoins going to run out in not that long? like way less than the lifespan of fossil fuels?
then there would be a few freedoms that the usa would like to give them.
the oil countries will be priced out because the cheapest energy comes from renewables...so they will be forced to make cheap renwable energy just like every other country
you mean having the us drop some freedom on you?
i mean we have cotton and coffee production also cane sugar production so honestly maybe your right
breaking: usa invades el salvador
bro that is cheating wtf
you mean like being 'liberated' by america?
iceland runs on 70% geo thermal i believe, i think all renewable…🤔🤔🤔
guess el salvador is being invaded next
we are seeing that energy and access to cheap green energy is a form of digital currency nowadays in the form of offering countries to create jurisdictions that specifically support crypto businesses. these countries will be creating green jobs, value, and a haven for miners and crypto based businesses and startups. they will also be fostering innovation and growth of the digital economy. it’s a smart move all around for el salvador or any other country with access to cheap electricity. **the countries that fail to embrace an algorithmically encrypted digital future on block chains will be left behind in this continuing gold rush.** when there’s a gold rush, it was often the miner *suppliers* such as levi’s jeans that made a fortune. turns out you want to be the supplier to the miners in a gold rush, as that was more consistent, whereas mining was hit or miss. this is huge news. years from now, i believe that this may be considered a turning point in the early history of digital currencies and assets as far as awareness and acceptance of cryptos by nation states. hopefully, others will follow suit. **iot el salvador is simply following the long tradition of providing mining supplies to miners in a gold rush. the fact that it’s green and carbon neutral is a double win imo; this hashrate was coming anyway, now some of it will go to el salvador instead of being powered by a coal mine or other form of legacy energy generation.**
>brings about similar benefits to a country having oil getting invaded by the us for 'having' weapons of mass destruction?
yes and without the risk of being invaded for your oil.
you get invaded by the usa?
that would be fucking sick. in a good way.
there was a recent video done by blockworks where they interviewed greg foss and he went into deep detail of how he sees bitcoin as the near future (~15 years) new reserve currency. he also covered countries centered around oil moving towards becoming “digital currency” (bitcoin) powerhouses
then they will need some freedom.
russia will enter the mining game soon!
isn’t bitcoin gonna run out of mining supply in 2024?
this literally starts the reversal on climate change. imagine btc being the major catalyst for clean energy. the more secured the network the more its worth so its more profitable to mine making it more secure and more valuable as more mining is added. seems inevitable btc will self perpetuate and grow.
imagine each person being like a country
the things will gonna change about this in the future. green energy !
benefits include being invaded and destabilized by the united states
i live in el salvador, near a volcano. we do not have skull shaped volcanos but for a few btc and some time we can make it happen
literally syndromes lair. the incredibles predicted this.
they’ll have friggin sharks with friggin laser beams coming out of their heads.
dr. wily is going to get into crypto mining
dr. evil already has dibs on that but he plans on cashing out once he reaches one. milliiiion. dollars.
we got themal energy.
i could not avoid to think of dr. evil from austin powers
this is what it will look like when it is fully up and running: [
[volcano base is a bad idea](
this idea of getting energy from volcanos in el salvador, lol.
what a stupid typical american thing to say.
you forgot jailing women for abortions, silencing journalists with the wrong opinions, and of course heavy thiscrimination towards lgbt people.
did anyone research how hot el salvador is? even if it’s renewable, it’s going to be wildly inefficient. there is a reason most of these mines are arctic based you seriously have a hard time growing weed there, cause it’s so hot. you think bringing mega computers will work?
did you vote for the current administration ? if they are this progressive on btc and finance, what other reforms are they looking to do ?
i would love to be totally proud of it... - but there are still 18 women on jail for suspicion of abortion (punished with 35y) -plus last year 200 girls from 10 to 15 years old that where forced to carry to term their pregnancies (most of the time because of rape and incest) no possibility to any poor women to decide to not be a mother, unless you have money then go to whatever country or private illegal clinic... and also crimes against journalists are rising... so, i hope it can help the economy, but i feel that it is becoming a weird "christian evangelical dictature..." smiling and maybe, i hope, security. but not if you're a women or lgbt or whatever minority...
he’s a witch- cast him to the volcano!!
2035 el savador > 1975 venezuela
hope more tech countries will follow
you know i thought the exact mf thing, no doubt crypto has just begun shaking up the world cannot imagine how much more is left to be earned, just hope the tight regulations would not come as soon as they threaten.
i will not be surprised!
the next thing... are teslas sold in el salvador? if so, with the legal tender aspect of it, wouldn't that mean tesla has to accept it again as far as el salvador goes? i need someone with a little more knowledge on world economies. it seems like if a country wants to make something legal tender, then any company that wants to sell their product there has to accept that form of legal tender but maybe there is something i do not know.
once price hit 36500, there were close to new 10k bitcoin shorted. still mostly on.
bad news does not move markets down on it own. market makers are looking to move markets down and seize naturally occurring opportunities in order to have plausible deniability that it was an organic crash based on world events.
why would this move the price heavily?
he promised no capital gains tax too.
i felt the same way, until i listened to the twitter spaces chat. i've been humbled. "what are the next steps" "i do not know that is up to you. what does the community want to do?" power to the people.
his party **already** has the super majority and can make basically anything within their power happen
the guy has an approval rating of over 90% [ if he wanted to control his citizens he wouldn't be promoting a censorship resistant currency. people are so used to corruption embracing growth is such a foreign concept, give the guy a chance.
i mean just reading his wikipedia page. "he is opposed to abortion, even in cases of rape, incest, and when the mother's life is at risk." ... "abortion being considered homicide with no exceptions with women being sentenced to up to 40 years imprisonment." "bukele has stated that he is opposed to same-sex marriage and believes marriage is between "a man and woman.""
or they suddenly die
> i usually assume it to be some kind of power grab it is. you're seeing exactly that. he has promised everyone, everything.
yes this is no exception: if he can go from getting 70% (made up number) of the government's income from the people's taxes down to only 40%, then he is way less reliant on the people, and becomes more free to brutally oppress them without as much danger to his pocketbook or those of his ruling class cronies. countries with isolated government controlled mines as most of their income are the worst ones on earth for human rights and prosperity.
what’s negative way to go through life.
el salvador is a narco state. this guy is paid by cartels
itt: people defending an oppressive authoritarian regime because it may be good for bitcoin.
it should be trust me coming from someone from el salvador
iceland and el salvador already have a small partnership going due to geothermal energy.
let’s shut them all down!
wow, u gotta shut the volcano valve down or what ?
in before u.s. proposes a bill banning volcanoes...
lol, figures someone would bring up volcano emissions, like we have the option to turn them off...
omg, my stomach hurts from loling... too good.
don't volcanoes thistribute a shot ton of minerals everywhere? you make it sound like it is doing nothing good already lol.
> but volcanoes are not emission free. yes but do not those emissions happen no matter what ? or are they making new ways for the emissions to escape ?
you mean all that water vapor? good lord this sub is uneducated...
volcanoes are the way.
wtf. the issue is your net increase in emissions.
how about using them to reduce the countries reliance on burning coal and oil insted of bitcoin...which makes up 70% of it is power generation as of 2019. source:
i'm sure the usa would never, ever consider interfering with the government of a south american country.
i never liked the show “friends” even though everyone else liked it. what did i do about it? i didn’t watch it, that’s it. i didn’t attack the network trying to get the show banned, i didn’t waste my breath trying to convince people that friends was stupid. i just didn’t watch it. still don’t. the fact that people put soooo much energy into fud and attacking btc just convinces me more than ever that it’s inevitable
it is. you never want the government to get more of its income from a source that bypasses the people, because that makes the people that much less important to the government and always erodes human rights and government services. el presidente can sit in a giant palace and drink mimosas all the more easily now even if all his people starve, because he only needs like 10 guys to run the mines for him.
“won’t somebody think about the volcanos!”
imagine being such a hater that you see this as a bad thing. they’ve completely lost their credibility…...even though they never really had credibility
thank you so much. i needed a good laugh.
it's gone better, granted avoid the bad areas but there is a lot of tourist locations with no issues
the electricity that they generate can be used to power heat pumps (air-conditioners)
the country was being alternately ruled by maliciously incompetent left and right wing parties that were transacting with the cartels in order to secure power. bukele won the election democratically, fair and square, on an anti-corruption platform, which is the opposite of what you're claiming. not sure what stake you have in spreading all this anti salvador fud lately, but you've really been working at it. and i somehow doubt it is because you've developed an overnight interest in human rights, based on your post history.
> lying to your face people can never see it, here it is bold and in your face and still they think he is blowing them kisses.
are you aware of el salvador's history and how the current president came to power?
and umerca is different in which way? your white house resident was installed by corporatist scum by cheating an election and by executive decree goes about destroying your constitution and the remaining liberties your shithole third world country has. and like a true dumbed down umercan, you point your indignant finger from your bizarre imaginary media ordained high ground at some other nation?
> a more or less authoritarian dictator is lying to your face how is he authoritarian dictator ? it seems like a gross exaggeration. also the mining operation is being built to generate bitcoin because the government is going to be a liquidity provider for a govt exchange where people will be able to excange btc for dollars and vise versa (like if companies that accept bitcoin want to trade for usd or if people want to obtain btc)
i agree! also it is \*el salvador\* without an e
so what are you going to do in a situation like this? stop a volcano being a volcano?
it's actually a red power source 😲
they are hot and that heat heats up the planet, therefore it contributes to global warming! we should ban volcanos!!
upvoted to offset the ratio on this obvious joke that was actually pretty good
i know your joking but we will probably run across this argument.
volcano - ground in this instance i think its fair to say global bank is - steel hope this helps.
this is something i’ve been saying for years there is more co2 and pollution gas in eruptions from volcanoes than there could ever be from coal fired power plants all across the world. i’ve been to the volcanic rim in el salvador and in guatemala many times and the problem with using thermal energy is it’s not very consistent, and putting heat exchanger down inside of a caldera it’s going to be pretty dicey. but the idea of trying to harness volcanic heat is a wonderful idea not just for mining bitcoin but just electrical use in general. and also termites are the largest producers of co2 when it comes to insects. cows also? co2 and methane both.
1: learn as much as you can about btc and economics. if it makes sense and you see the potential, pick a percentage and add it to your investments. i tend to keep my crypto and speculative investments between 5-10%. the rest is in stocks, retirement, and emergency funds. 2: don't invest more than you can afford to lose. most of us here believe in btc. you can usually spot the people that have been here a while from the new adopters. with that, there is still potential for anything to happen. bitcoin could be 500k in 10 years or it could go to 0. after watching how it stayed and had support from 8-12k for a few years, i just do not see it ever going to 0 again. 3: if you have 500k, do not buy 500k worth of btc. buy it in increments. buy 2k here, get used to the swings. see how it works. pay attention to the news and economics. the space has constant news now. it seems like new things that are happening are much more frequent nowadays. after a while... add more and if it dips below your original price, add more. i do not think there is a price point i have not added at. repeat. i've been telling people this since it was 1k.
> are they trying to ditch dependency on the dollar? nope. they convert to usd. legal tender is one thing. currency is another.
the country is already insanely corrupt. bitcoin is going to let them be a money laundering center.
the us owns the number one currency in the world. they are hardly motivated to change.
those can’t be placed right next to a volcano.
just fyi, if nobody gives 0 fucks about something then everyone does at least give a little fuck about it.
ewww pos is for shitcoins
ahhh at least it wasn’t that messy japanese version
geothermal is just using already provided energy by nature. it's vera clean.
ulterior motives? i have read, but have very little knowledge of el salvador "for real", that the previous government was a poster child for corruption etc, like many troubled countries in latin america. so, could there be beneficial side effects? what motives does he have versus the socialist ? how do you launder traceable transactions?
i agree completely, but if it’s going to start anywhere, it’s most likely got to be someplace like this, because- what do they have to lose? therefore, if this thing pans out to be an actual benefit, maybe another crap country will make the move, and then they’ll tell two friends, and ... hey, maybe this is an important step or development (as i’ve just convinced myself.)
*el dorado by elton john intensifies*
gold is fractionally traded , unless you physically have it , it’s faith based
i feel like we're playing sim city and we are evolving finally.
i’ve been thinking about that, yes individuals, companies and countries will get rich of btc, but will there be a transfer of wealth? i’m not so sure. if us federal reserve buys , and warren buffett buys , and the top 0.1% of the most wealthy individuals do the same, they still will have most of the wealth.
except for the poor guy who paid bitcoin for pizza
in theory. it sounds good and i hope it does, i’m sure there will hiccups but a mass smoking of possibilities and events are looking upward... there will be hiccups of course. but an innovation is on its way!!!!
by laggards do you mean poor people who’re uneducated and don’t have the resources to participate in the early stages? this part i struggle to get my head around. early participant gets 1 btc for . late participants get 1 btc for ,000 (or ,000,000). many late participants might be forced into btc if it were to become a standard, so how is it fair that the late comers, through no fault of their own, need to pay so much more for their btc? or is it not fair? just ‘too bad, so sad’? genuinely appreciate anything that can shed some light on this for me.
i’ve been reading the sovereign individual and it all feels kind of spooky. i’m getting to the parts that are actually happening in these moments. the book is coming to life as i read it in real time. i read a chapter and then it manifests itself. it’s been blowing my mind.
let the individual prosper on a global scale. let us control our financial future in whatever trade or career we wish.
this is what bitcoin is about. fuck all that lambo shit, this is why i finally got into bitcoin after sitting on it and not truly understanding for a few years. to me this week is far more important than the fact that bitcoin hit a .2t market cap earlier this year. here we enter the next phase.
>falling like dominoes, early entrants are being rewarded for their insight and courage and laggards punished with having to buy in at higher prices in the future. if i'm being punished for being a "laggard", how come i can buy at a 40% thiscount compared to 1 month ago? doesn't seem very fair on all those insightful courageous people who bought the top. > since the laggards are largely developed western countries not really
why is this shaded, cool
maybe is the high rollers from all over the world who have their hands in that country's infrastructure and the wealth will go to the same people it always does.
no, it is the opposite. the digital currencies made by goverments like china are probably gonna be the norm in the future
handful of billionaires own everything in all countries everything else is an illusion.
that is assuming other countries will also adopt crypto, which is much less likely as they will want control over the monetary supply. el salvador has a weak currency, to them bitcoin is a better alternative. for most of the west, that is not the case. not to mention the physical impossibility of the entire world adopting bitcoin, which would cost far too much power to run. i'd give a proof-of-stake coin a better chance, but a proof-of-work coin can never reach global adoption.
that's when the western nations decide to heavily regulated it just because someone else beat them to the punch.
this also would portend a move away from wealth among the common folk, and an increase of wealth to autocrats, and those close to them. world society could backslide into a new form of feudalism if we dont struggle hard against it.
that’s kind of naive. your are assuming the little poor guys got on bitcoin? bitcoin is a rich mans currency now, and it will be even more so in the future, or until they just hack it using quantum tech
this is the terrible argument that cathie woods double speaks of- this thing shits everywhere!? yes- that’s the beauty of it! the unquenchable increase in demand for cost-effective and energy saving shit management systems will lead to industry driven research for more efficient shit management protocols and solutions.
dick cheney has entered the chat
that could never ever happen in the us.
muammar gaddafi has entered the chat...
no, japan is still resource and energy poor. they do not have oil, or much solar, or land, or wind. the mountain interior does not do anything useful for energy production. they do not have excess energy to use for that.
interesting question. the huge advantage that bitcoin has compared to these assets is that you can fully posses it and divide it. it’s portability, and ability to be fully verified in a short amount of time is a complete game changer. it’s a super asset.
either ways a resource is always exploited beyond its capacity so that is probably what will happen
i'm sorry, but besides building "wealth" what is it even good for? it's slow, expensive and takes tons of power to use. but hey it is great for money laundering.
that is amazing, you're so original you were only the millionth person to write this same exact comment in response to mine
this is a bold move by your president and i wish him well and wish salvadorans prosperity from these decisions.
megaman 12: featuring the crypto mining system*
that would explain why he can afford so many robots when mega man destroys the next eight.
austin powers: dr. crypto sequel confirmed!
you’re over thinking it. they drill down near-ish to the volcano, where the earth is hot, then inject water. the water comes back out as steam and turns a turbine.
well, i've written about a country ressurrection: all you say fits perfectly into it. give to people a way to leave in peace and they will.
low cost energy only goes so far as well. if energy gets cheaper, mining gets more difficult to compensate. all making power cheaper does is make bitcoin cost more energy.
my mom went to salvador to vote. she said on her flight there, the majority were doing the same.
bitcoin is the only real progressive policy. president bukele led the military into the legislative assembly to try and intimidate the legislature into voting for more military funding. he's criminalized abortion as homicide and imprisoned women for it. he has a record of human rights issues. the majority of the reforms he is done have been to increase military and police power and reduce accountability.
progressives are the ones that are trying to shut down bitcoin, usually. in my country, only the conservative parties are in favor of bitcoin.
nayib bukele is well on his way to becoming a dictator.
they will not make any progress until they stop all the evangelical bullshit. if you are broke in el salvador, start up a church. there are churches every other block
the crime rate there is pretty horrendous. murder rate is always near the top in the entire world. maybe the financial gain from bitcoin could help bring an end to the rampant gang violence. who knows, i can dream
you guys are ******* i live in memphis one of the most dangerous cities and everyone here will tell you that if you are just minding your own damn business no ones gonna fuck with you. same as chicago. it can’t be too much different in el salvador.
>create actually has a better chance of getting killed in ny or chicago right now.
because that is huge news for adoption. in 2018 that would be a major catalyst. if we did not have elon fud this could have been a catalyst to 100k.
and satellite internet for all, and and and and. how you think he got all those diverse politicians on board? each one of them has been promised some bullshit which will never come to fruition.
dictators act like they are just doing what they are doing for the good of the people so this is huge.
i felt the same way, then i listened to him talk, then i was sure he was full of shit. he tells people what they want to hear.
just out of curiosity, when was the last time central or south america produced a genuinely good leader?
they always have an approval rating of 90%. that's the problem.
he's almost a fucking dictator lol believing that is akin to believing china's or venezuela's approval rating
lol - thank god he is not a full believer in human rights. i was beginning to doubt my sanity.
based. he's the full package
it's always funny to see americans surprised by the fact that latin american countries are conservative. hahaha
never trust wikipedia, especially in politics. that's no place to do research.
thanks for sharing the link, love the open dialogue and candid responses from him. truly an historical day!
of course. that's the game.
they always do at first.
you would think so, but people are going insane about bitcoin using so much wasted and stranded energy.
i agree, i dont like being told when to laugh i think theyre just salty they missed out on it early. i was a bear for like two whole weeks, then i bought back in. no biggie. if you are truly good, you can make money at anytime
i fucking wish the us mined bitcoin to pay for all their dumb shit. better than taxing 20% of the mcwagies wage to build super cool new bombs to drone civilians with. (literally cia, if you arent secretly having bots daytrade coin for profit, you are stupid and i know the cia isnt stupid) taxing the poor is not the answer for income
and the children that we will have to throw into them to appease the volcano gods
its good for different opinions, even if most of them are dumb opinions
i think this guy needs some horchata.
the cool thing with adopting bitcoin as legal tender and 0 capital gains tax rate i do not even need to know what kind of person bukele is, as he is giving away a huge amount of power to the people in el salvador that he would not be able to take back. he does not seem to be afraid of it. abortion law can scare people, but the truth is, with financial freedom it is much easier to go around the law, and it will bring other freedoms as well over a longer timeframe.
> the country was being alternately ruled by maliciously incompetent left and right wing parties like every country? all countries would be better off with a popularist featuring 100% support and control over all branches of government? > won the election democratically, fair and square, on an anti-corruption platform just like putin.
yeah and trump won on a platform of "making america great again" people say a lot of things. i'm looking at the brass tacks of this action, not words: this will, factually, allow the government to pay less attention to and provide less support for, their people. and thus that is what will happen. even if the current president is a nice guy and tries to resist that, he would just get ousted sooner or later by some other guy who tells the military and ruling class lieutenants "psssst, if you let me take power, i'll stop handing out all that mined bitcoin to useless people and give it to you all instead. because it will run just fine without the people" > and i somehow doubt it is because you've developed an overnight interest in human rights, based on your post history. i've had a lifelong interest in political philosophy, i had one of my majors in it in college even. but thanks for the valuable head shrinking insights from a 30 second scroll through a reddit history.
> not sure what stake you have in spreading all this anti salvador fud lately, but you've really been working at it. yea that guy is just making some gross over generalization that is some lame stetero type of latin american countries and dictators
yes their history is the part that makes it clear they are primarily authoritarian. their current president is irrelevant by himself until. leaders cannot just dictate that things shall be better in a corrupt government, nobody will listen to them if they are not themselves greasing palms to make that happen.
america is different than el salvador, because the labor of its people is worth vastly more than any small handful of mineral mining operations are worth on their soil, due to high education and technology expertise, etc. so the u.s. makes a lot more money from treating citizens well and getting those sweet sweet tech job tax dollars from us, than they do by telling people to go die in a gutter and mining diamonds amongst themselves. it's nothing special about the u.s., this is generally true for most decently well functioning democracies. it's also not any sort of "moral high ground". it's still a cold, cost-benefit analysis just like in a dictatorship. it just happens that the costs and benefits weigh out differently in one country versus another. > your shithole third world country i do not live in the u.s. but thanks for the 1) fallacious and 2) factually wrong, ad hominem. it is useful for showing that you seem to operate on a similar level of monkey rhetoric as the very "umercan scum" that you're yelling about, lol.
their democracy index is hovering just barely above full on authoritarian category. they're classified on the low end of "hybrid regime" which is described as: > hybrid regimes are nations with regular electoral frauds, preventing them from being fair and free democracies. these nations commonly have governments that apply pressure on political opposition, non-independent judiciaries, widespread corruption, harassment and pressure placed on the media, anaemic rule of law, and more pronounced faults than flawed democracies in the realms of underdeveloped political culture, low levels of participation in politics, and issues in the functioning of governance. ----- > also the mining operation is being built to generate bitcoin because the government is going to be a liquidity provider orrrrr... they could say that, but just keep it for themselves after it is already running and tell you to fuck off when you complain because you have no power anymore. i'm sure they will resist that temptation with flying colors though. because ... reasons.
it was like , a joke.
i know what spock would do... he would sacrifice himself to freeze the volcano while also not violating the prime directive
biden will pass an executive order to ensure that volcanoes act in a fair and socially responsible manner.
i appreciate the well thought out and meaningful reply my friend
the republic of el salvador*
no, but what can is a geothermal plant, s large battery for energy storage, and power lines to link the plant to the grid
if only they could mine crypto from when we take a dump. literally pooping money.
not your bars, not your gold.
plus a good portion of it is counterfeit
unlike that real, practical value that digital tokens have.
have they removed the ladder to my pool? oh god.
you must be a millennial...grown up in a rigged system when the only innovation is in the latest iphone or smart watch... this is my generations leg up.
no, they will not. because they will not buy btc which is created out of nowhere, they will have to buy it from people who have it already. that’s how the transfer of wealth will happen. no more trickle down economics. also most likely, existing holders will not sell their whole stash, as such they will increase their wealth exponentially.
this is why pizza guy is and should be recognized as a bitcoin hero. he is one of the first to recognize bitcoins adaption beyond it is normal use of the time. we have him to thank for helping bitcoin be recognized by other countries as a usable currency.
not just any bitcoin, but *10,000 bitcoin.* that's the equivalent of **** today. poor guy does not even begin to describe it lmao
without the 'poor' guy who paid bitcoin for pizza, bitcoin will not be what it is today.
would bitcoin be worth much of anything without him?
who says that pizza was not worth 10k bitcoin... :-p
right place, right time, wrong brain
that’s going to be in the history books one day
if he would kept his money in usd he could have bought half a pizza today. yey!
lazslo is doing just fine, do not you worry.
for a moment, i thought you were describing the housing market. 🏠
first comers always reap the biggest rewards if they bet on the right sector, they are also the biggest losers if they bet on the wrong sector. we see this in tech all the time, a company can deliver a fairly bad product but can still massively profit if their product does something no one else has even thought of. "first come first serve" is an existential truism. ' formal education is a negative not a positive when it comes to understanding bitcoin. in my friend group the people who scoff at bitcoin are the ones with degrees, the ones who buy and are now rich only went to high school. seems like this is true in the world at large since you have nobel prize winning economists not understanding bitcoin.
i meant laggards in terms of nations but it applies to individuals too, just in a different way. an absolutely mind boggling amount of people in wealthy countries has managed to talk themselves out of the biggest monetary breakthrough of our time, posting nonsense and fud about bitcoin for over a decade now, spewing hate and calling for government bans. these people are the laggards who deserve to have to buy in at 1mm per coin or more. just look at that moron above () who has been around for 10 years, shitting on bitcoin every chance he can get. he can only blame himself and i'm sure he does, he probably needs an insane amount of copium to stay sane every day. in the case of nations, smaller insightful nations like el salvador will become thisproportionately wealthy at the expense of inert western nations resting on their post-ww2 laurels. tough luck i guess.
i think i remember you from the 2013 or 2014 era posting prolifically on . the fact that you've missed out on the biggest revolution of our era is quite an achievement. the amount of cope needed on a daily basis must be mind boggling.
you’re 40% thiscount today is a 10x premium compared to the bottom of last cycle a year ago. everyone gets bitcoin at the price they deserve. if you didn’t investigate bitcoin last cycle, that’s on you.
zoom out a bit. it’s up nearly 100% over the past 6 months.
>if i'm being punished for being a "laggard", how come i can buy at a 40% thiscount compared to 1 month ago? because you're still buying at 240% what you would have paid a year ago. or 7000%+ what you could have paid 5 years ago. a month is nothing, you need to start thinking long term. ' >doesn't seem very fair on all those insightful courageous people who bought the top. those people just need to hodl. again look at history and take the long view. this is not the first time an ath has been followed by a 40% crash, but an ath from a couple years ago still looks like a massive bargain today.
your a gem buddy. some people can’t see the forest through the trees
you are still early there bud.
you seem to have a few misconceptions regarding how it works on a technical level. let's clear that up quickly. > not to mention the physical impossibility of the entire world adopting bitcoin, which would cost far too much power to run. bitcoin's energy consumption is not a function of how many human beings are using it; it is a function of mining. miners mine as long as they have an energy source cheaper than the market cost of coins they mine. whether the network is used by one person or millions makes no difference as far as that aspect is concerned. > i'd give a proof-of-stake coin a better chance, but a proof-of-work coin can never reach global adoption. pos is just a reinvention of the centralized permissioned monetary system we already have. pow is the only permissionless model that works in the long term. bitcoin does not waste energy. read this:
the better, and very real, argument is that to get to 100% renewable energy, you need to have surpluses most days to meet every day's need. bitcoin is the easiest way to monetize such surpluses. when you monetize energy surpluses there is no limit to how much renewables you build out.
hi, i'm elliot abrams.
u.s. government - "we have voted to admit el salvadore as the 51st state of america, congrats!!" el salvadore - "wait what? we did not thisc..." u.s. government - "**we said congrats!**"
that was the comment i was waiting for...
japan has the worlds largest number of active volcanos, i believe.
“it’s the apex asset” -michael saylor
it wouldn't surprise me, really. our latin american presidents. can't wait.
this can and probably will happen. miners can band together and mine empty blocks if enough get on board.
that’s like saying besides oxygen what’s air good for? it’s awful for laundering as it’s public. it’s not slow compared to something like gold and. proof of work does take energy but pow leads to a much more secure and decentralized network than pos. using energy isn’t inherently bad in any way and miners are incentivized to use clean energy.
what's what good for? bitcoin? bitcoin is the only asset in the world that cannot be in any way manipulated **in its physical properties or available quantities** by anyone. if this simple truth together with everything it entails is not sufficient for you, then i do not think anyone can explain it in a way you'd understand or find satisfying.
yeah pretty sure this is what they use in iceland
id be ok with it
sounds like a great resurrection if people with differing opinions are forced to leave the country to avoid getting killed or jailed. we really shouldn’t be praising a country that has no regard for human rights.
> the majority of the reforms he is done have been to increase military and police power and reduce accountability. > > i mean thats why it just seems odd to promote a network like btc.
>the majority of the reforms he is done have been to increase military and police power and reduce accountability. it's easy to judge from the comfort of our homes, but when you consider the really high crime rate of el salvador, it is not surprising that the government has increased police power. i'm not saying it is the best solution, but i do not think anyone here is qualified to say what *is* the best solution to a very complex problem in a country we do not know enough about.
thank you for being the voice of reason here. it's so weird seeing all the sub praise bukele despite of all the shit he has done so far. i get it, you are excited about btc but he is not a "savior", far from it. it seems like we did not learn anything after praising elon
if we include abortion in child mortality rates then they have never improved from centuries ago. we should be working towards making abortion not necessary rather than more abundant. or if we're going to talk about at-will and elective abortions then we should also be talking about men's rights -- namely permitting men to absolve themselves of the responsibility to fatherhood. such inequities between the genders is a source of strife in the world.
>he's criminalized abortion as homicide based.
yea i saw that he is getting rid of all opposition. im sure the people who voted for him had such high hopes of his anti-corruption measures, but it kinda looks like he is using anti-corruption as a way to squash the opposition.
> the crime rate there is pretty horrendous. murder rate is about the same as baltimore.
it is different bud. minding your own business does not work. they will seek you out. my wife's cousin dropping of a customer near the capital, got run up on by 3 guys at gun point. only let him go because they had heard of his father in law and knew he lived in a non rival area. 16 year old cousins being called over by gang members had to drop out because they wouldn't leave them alone. months later they kill another kid. your walking to buy a coke to the store they will harass you. where you from? who do you know? they're having a bad day? good luck. make a wrong turn in the garbage designed streets? pray no one is watching. want to move somewhere? is that area controlled by rival gang? not unless you want to die. oh just lie and say you live in friendly gang area. they ask for your id to see the neighborhood. don't provide it? dead. certain cops are on their side. some have stolen cop outfits. fuck some have stolen cruisers. chicago is not the same. i've lived in toronto, chicago and currently in el salvador. it is not the same.
homicide rate in el salvador is 10 times higher than in the us. so it is very much different in el salvador.
i live in the most dangerous city and let me tell you that it really depends on how you carry yourself and the neighborhood.
omg. you think *memphis* is similar to el salvador??? bahahahahahahahaha
lol so no price movement after news coming out must be because of elon’s tweets? got it. also btc is up almost %7 so idk of you are looking at the right chart.
he basically owns the legislature, i think this will pass easy.
presidents do the same thing lol. false promises dude quit living in a shell. not every country is “perfect” like the the presidents of the united states. leaders have to find a way to make things in a struggling country. usually being soft doesn’t do much to make a change. look at the roosevelt’s, how come they aren’t labels like dictator like? wonder why since they aren’t from latin america they can’t be dictators like.
i guess so would someone who is doing it for the ppl. i assume you listened to the recording?
sounds a lot like our president.
> he tells people what they want to hear. the difference is that this guy is following through with actual policies and reforms. he's building a bitcoin mining operation from renewables.
no clue but that is also somewhat subjective. you cannot deny the us fucked around with south american politics either. confessions of an economic hitman.
no they dont [ stop being miserable
haha - exactly. approval rating of 90% and you know it can’t be genuine
not quite. salvaran here. there were elections held in february and his party won by a landslide. he is actually really popular. truth is, there is a fake news war in el salvador, and our current president has thisrupted the oligarchs who rule behind the curtains. the judges he removed were because they’re were all link with some form of corruption and replaced. since i’ve been born, every president el salvador has had has stolen millions and is either in jail or in a most wanted list, so the people were fed up with this cycle of corruption that we voted in mass for change and he’s actually kept his promise of removing all the corrupt politicians. i yield, and maybe i’m in the wrong side of this fake news war and i’m brainwashed, but the fact remains that it is very hard to find partial news on this matter. international media has been fed the story from the point of view of the old party that lost control after bukele, or the newspapers from el salvador which are all pro the corrupt party and pro the interest of the oligarchs
he was very cosy with trump, to the point of taking hydroxychloroquine as covid prophylaxis because trump did. populist, right wing, authoritarian and likes a good conspiracy theory. so pretty much.
i mean el salvador is 50% catholic so those views are almost a prerequisite to running for office. but at the same time, i imagine that many many of the people on this sub would overlook quite a bit so long as someone supports, "their coin."
wow, you’re miserable too! that must be a terrible way to live!
lmao thanks, i needed the laugh.
> but to think that using a volcano to make energy is emission free is simply not correct because volcanoes are not emission free; they are emission full. so can he say a net zero emissions because they are not added emissions ? like its a net zero increase
the part where you said "they are just salty they missed out on it early" , that implies that you are admitting the fact that the ones who buy in early are the ones who make the gains (or the ones who cash out first) in other words you're indirectly acknowledging that the current cryptos are similar to a ponzi. now you get why not everyone likes these cryptos
i wish i had your insight
no. it's not better. if they did not need your taxes, you would immediately see your roads, police, firefighters, university funding, consumer drug and product protections, national parks, sanitation systems, public school quality, etc etc all dry up and become abandoned pieces of shit, and your life would get immeasurably worse. why do you think the government has any incentive to pay for those things? because your tax dollars are worth more to them than the cost of providing those things to you costs. that's it. take that away and it all falls apart, my man. you are not taken care of by divine grace, you're taken care of by your own profitability.
he won the election because people voted for him. isn't that the point of democracy? or is it democracy only if a country's government is installed by the cia and the us department of state? > just like putin. this, kids, is what the russia derangement syndrome in the wild looks like. lay off the msm propaganda and stay safe out there.
> i'm looking at the brass tacks of this action, not words: this will, factually, allow the government to pay less attention to and provide less support for, their people. this is like saying that a us president who lowers our taxes by 1% has stopped caring about providing services to us citizens by 1%. it's bullshit. i got news for people like you, you like to bitch about how "we live in a society" and "we have to pay taxes" and shit, but there is a difference between paying no taxes and paying **45 fucking percent** which pretty much most of the middle class in this country is paying in fines, fees, and taxes on a regular basis. we see our money going to pay for wars overseas, intelligence agencies that spy on us, and people who sit on their asses and do not work to help that wonderful "society" that you keep reminding us we are paying for. why cannot we go start a "society" somewhere else using 5-15% of our wages instead?
> is will, factually, allow the government to pay less attention to and provide less support for, their people. how will it do that ?
> lame stetero type of ~~latin american~~ countries and dictators history.
> orrrrr... they could say that, but just keep it for themselves after it is already running and tell you to fuck off when you complain because you have no power anymore. > > i'm sure they will resist that temptation with flying colors though. because ... reasons. the eyes of the world are going to be on them. i mean i dont want to blindly accept that he is doing this for the betterment of the people. but it seems like a weird way to obtain more power by providing the means of financial freedom to the public.
right, but power plants have to be close to the places that use that power. look up electrical resistance and how over thistance electricity is lost. now place a btc mining facility close to a power source and you can use almost 100% of the green energy created with almost no wasted energy.
makes about as much sense as shitcoins so why not.
get this man a beer 🍺
that’s the sims. not sim city
it depends on how long the elite hold out as a whole then
my curiosity is how it will effect poorer people who are either unable to buy bitcoin or born too late to buy it. if fiat does become worthless or nearly how will it effect the vast majority of the world who can’t get one of the 21 million bitcoins? and how would lending work in a defi world. if i need to borrow (or btc equivalent) who would lend it to me and how?
if they do not sell then it would not really wealth in any practical sense.
anyone have his adress? i'll send 0.01 can worth of btc edit: am poor
you guys forget to mention how important he was. this dude invented gpu mining(iirc) so he’s got a stash, i’m sure
without early adopters using it for its intended purpose it wouldn't have ever been anything more than a worthless curiosity. that said, i wish i knew then, what i know now...
but... this guy is very famous for his infamous transaction... he was innovation in the creation
did you spend the usd equivalent of those btc on food around the time he bought the pizza? if so, you lost the exact same opportunity cost as he did, his just helped bitcoin and made him famous.
who's to say the same guy didnt have thousands of other bitcoin? regardless, he is the first among us. a pioneer of pioneers.
maybe he bought back in when it hit ?
he got 2 pizzas though. probably tastes good as well
yeah but when you are really, really hungry, a pizza can be worth all the bitcoin in the world
my favorite part about bitcoin is how every talks about its value in usd.
i at one point had 9, and i thought that “feels bad man”. :/
isn't it nice to imagine that a pizza dealer struggling in life finally managed to sell one of his masterpieces for 10 000 btc? :)
i am wondering what the other person who accepted bitcoin for pizza did with those 10k bitcoin
i had hundreds of bitcoins but i have sold them years ago if not spent
the guy who accepted bitcoin for his pizza should be a millionaire now no?
its just ironic that the people who pave the way pay the highest price
does he actually ? i always hoped so.
well thats kind of fiat works - the inflation is an incentive to *spend* whereas btc punishes people for spending sonit makes sense its having trouble being picked up - so far
some might even say...paper hands?
not as early as people who bought a month ago. so i get rewarded for waiting for price to go down.
i can’t poke holes in that one yet
you’re under arrest. haha j. wanna fuck my wife?
usa would turn it into a territory before allowing it to be a state. so they get all of the money from them, but have zero responsibility (eyes puerto rico)
bold of you to assume that they’d get statehood and not a puppet dictator
*what can i say except you’re welcome!*
grammar police: its written as \*el salvador\* , does not have an "e" at the end
we tried that centuries ago, it did not work.
but what if we run out of lava?!
except it is great to launder money right now because of the lack of general regulation and easy to manipulate prices from whale investors. there's a reason we're talking about a story in el salvador and it is not because their leader is interested in building up his country. i do like your argument about how it is slow for transferring wealth except when it is instant. it takes lots of energy but it is good because it incentivizes clean energy, which still takes lots of energy to make. ok...
>bitcoin is the only asset in the world that cannot be in any way manipulated this is a fucking joke, right?
i'm used to search for the bright side: to look for the dark one is too easy nowadays.
imo it is similar to when nyc put cops on every corner to combat crime. el salvador murder rate is down 75% since he took over, and it used to be the murder capital of the world. i really do not know much about the ongoings thats just my 1.5 cents from 30,000 feet.
perhaps bitcoin can fund his military. for sure it is not for the people. the average salary for a doctor is 40k a year. with a total population of 4 million there will be very few people able to mine.
greed and* power hunger has brought a lot of counties into prosperity.
i say we should take chapter out of milton friedman playbook with pinochet. you can give praise for good capitalist policies such as allowing bitcoin in this case but at the same time make sure to vehemently condemn the dictatorial policies of the administration.
my guess it is to decouple the economy from the usd.
abortion has been banned in the country for a long time and no politician dares to speak about it since the country is very conservative . he has not criminalized any of it, it was already like that. as long as people do not change their mindset, laws are gonna remain the same.
this!! the large majority of people who get abortion are foolish teenagers who didnt tell their partners to put on a condom because they want it raw. birth control exists and it should be used. abortion should be reserved for extreme cases.
abortion are not children so i do not see why would you do such stupid thing. if anything abortion must be made available for every woman for free
the people who voted for him still believe he is the second coming of christ and that there is absolutely no way a young guy with so much power will go rogue. you hit the nail on the head. it's pretty obvious what he is doing.
thanks for this honestly. sounds fucked up, do you see it changing anytime soon?
you haven’t lived in a dangerous city i don’t know much about south american crime have you i bet everything i own 90% of those homicides are gang related. knowing what i know now i would be comfortable walking through the city (alone even) because nobody knows who the fuck i am. people usually won’t mess with you, unless they catch you in a alley or something lmao.
like i said i don’t know much about el salvador but i doubt they just go kill random people walking down the street. i’m a black man so i would stand out but i still doubt they would fuck with me if i just keep it moving.
which legit statistics report tried to compare whole country with a city?
actually it is sadly pretty close. i believe there were 774 murders in chicago in 2020 and i could only find an avg of 3 murders a day for el salvador in 2020. chicago also only has 2.7 million people versus el salvador's 6.5 million people. pretty bad!
ever since the new president took over there has been a steep decline in the murder rate. likely el salvador is safer than chicago these days
i do not think you read my post right. but anyway.
sure it will. and jesus will pay for it.
> doing it for the ppl. so he tells them, in every second sentence, over and over and over again.
> he's building a bitcoin mining operation from renewables. where? you've heard a sentence come out of his mouth and now it is a reality?
sounds like el salvador needs some good old fashioned freedom! 'merica! can... uhhh... someone show me where it is on a map?
how did he survive not being the us stooge?
> this one really seems a genuinely good guy like chavez?
i am argentinian an this is completely wrong. people here is just lazy and ignorant, therefore they vote socialism.
us fucked around with everyone.
> sánchez cerén's approval stagnant **after first year** ... not that sánchez cerén is in the same category of leader or anything.
gw bush had a 90% approval rating at one point
wasn't literal inconstitucional what he did?
> to the point of taking hydroxychloroquine as covid prophylaxis you mean, the medication that has now been proven to reduce mortality in severe cases by two-thirds? how dare he ruin your narrative! > jacobinmag oh, so you're a communist. why do not you go become a good communist?
with views like that, a ‘coin’ is the least of their problems.
rainbows and lollipops would not change the underlying reality.
yes, this is a ponzi "game" id like to call it. this particular ponzi game seems to get better returns than the slow moving regular stock market ponzi game. stocks are traded the same way. say "fundamentals" and "profits" all you want, a stock is only worth what the next guy is willing to buy it for. (see: tsla) i understand the risks, its a ponzi where you can enter and exist multiple times and still make money on gains. its not like the only people making money are the early ones, its just easier. i would also join a stock market hate sub if that exists (i said theyre mad about not being in early while implying that its okay to not be in early)
eh id argue that the quality of all those taxpayer benefits are already pretty weak, at least in the us. im from chicago, we are known for horrible roads, useless cops, lead water lines and underpaid teacher strikes. compared to the eu, our consoomer drug and product protections are laughable, so those taxes seem to be doing the bare minimum from my view. alot of money still goes to subsidies for the bezos-class. and our unnecissarily large millitary budget i agree your only value as a human in this age is to produce capital for some kind of overlord, government or corporate yes, for profit capitalism is a weird, unsustainable system, it can be better
> you would immediately see your roads, police, firefighters, university funding, consumer drug and product protections, national parks, sanitation systems, public school quality, etc etc all dry up and become abandoned pieces of shit, and your life would get immeasurably worse. > > to bad most of federal income tax for us people is spent on past and current military spending and the auxiliary industries that are involved in supporting the military.
not mah roads! some of us do not mind paying something in taxes but do mind paying 45% of our wages in taxes, fees, and fines. what are **you** doing to help decrease that ridiculously high rate that nearly every middle-class tax payer in the us is paying right now?
you are expecting the dumbed down umercan trailer trash reddit community of media fed corporate dick suckers to stay off of the no-longer-relevant msm, with all of the mental gymnastics they have to do to hold onto all of their bizarre conspiracy theories that get debunked daily? the amount of weird rationalizations they have to do to keep their fragile egos happy as their media fed world view shatters requires a ridiculous amount of energy and is the very source of their depression. i think your expectations are too high. reddit is renowned throughout the world as the place to go to laugh at the bottom of the barrel of the results of the multi-generational dumbing down agenda. no one is laughing with them, only at them. a complete lost cause and thankfully completely insignificant in the scheme of things - the culling is focused on them and they are a quickly dwindling minority as the great awakening unfolds.
> russia derangement syndrome please, enough with the anti-debate techniques. you can engage in a conversation without resorting to such "msm" installed tactics. i'm the **first** to call out "russian hacker" narratives and the like. i'm giving you an example from history of a leader who was democratically elected, high popularity, on an anti-corruption platform. he cleared out the existing us installed oligarchy. that's what happen. that's something he did. being democratically elected does not change much. you literally describe removal of all debate from the process and unilateral power as being a good thing. your words, are scary. this ability to see no wrong so long as the great-leader removes past wrongs is exactly the thing which drives mass death, pain and suffering.
when the us president lowers taxes by 1% it generally also goes hand in hand with a roughly 1% lowering of services too. so no, that is very different. they do not become any more autocratic if they get less money but also can do less. they just become smaller. the autocracy comes in when and if you can provide fewer services btu still get the same high income anyway, due to that income coming from sources outside of taxes. the u.s. cannot do that, because it is highly educated tech and information job heavy citizens provide so much value in taxes, more than they can get anywhere else. el salvador will be able to do that if and when they have an evil volcano lair mining facility where a ton of their income in btc comes from, without needing tax dollars. this happens any time a country gets a huge amount of government income from emeralds, diamonds, gold, oil, etc. from only a tiny number of public workers at limited sites.
because if you get a ton of money from a mining rig on a volcano, and not from taxes, then why do you need to take care of your taxpayers? you do not. they can go die in a gutter now, what do you care? you'll still have your income if it comes from volcano btc. prior to having an independent source of government controlled wealth generation, you did. pretty straightforward.
you do not have any financial freedom if you have no income. you cannot have either cash or bitcoin if nobody is paying you for anything. so that is not really a threat at all. the international scene is a threat, i agree, but it has not exactly stopped every other dictator. it might stop some, though. can't say for sure. i definitely do not see it as good news though, even if it is like a 50
lol i never do that.
i know electrical resistance exists but it is not to big of a issue for a country as small as el salvador, iceland which is much bigger then el salvador gets 25% of its energy from geothermal power
he claims he does not. claims.
the good news is that you know about bitcoin now rather than getting to know it 10 years in the future.
thats an extremely great point.
no, he paid the bitcoin to someone else who ordered the pizzas for him.
he should have thousands of bitcoins, he had them when most people did not why wouldn't he have them now?
almost assuredly. it's one of those "hindsight is 20" things. it's funny to look back on it, but in reality if you told anyone that bitcoin would peak at .
first rule about fight club, i mean bitcoin is tell everyone you have bitcoin.
the world's rich now
you still need to eat and spend on other things but you may make more sensible choices given it is not devaluing fiat you're spending. this planet needs that kind of saving technology - climate crisis cannot be solved within an inflationary system that requires growth. [see jeff both's argument](
i know you are just trolling but nobody every said it is a straight line up. 6 months is not a valid time frame for your question. neither is 2 or 3 year. the cycles so far have been around 4 years. entering at the a more or less ideal point of the cycle puts you at an advantage vs people who entered at a worse point. on average you are still at a thisadvantage vesus people who entered during one of the earlier cycles. but go on pushing your thinly veiled strawman.
colonialism in the 21st century
lemao, we wont even give dc representation, theyre getting a new "democratically elected" president courtesy of cia
whoops, i used the tweet as a reference.
it’s not great to launder money at all. it’s not slow to transfer wealth and it doesn’t take a lot of energy compared to the traditional system and all the things that come along with fiat. your reading comprehension is shit.
jesus christ, "why would this wannabe evil military dictator encourage bitcoin? it makes no sense!".
no offense but central america is really a thisgusting place.
no, they will not.
what do we call that which would grow into a person if left unobstructed? would you pass by a person bleeding on the side of the road and say "i cannot be bothered"?
don't think so. shits been fucked since before i was born. lotta people left during the civil war and continue to leave as soon as they can, be it legally or not. anyone qualified for us visa jumps at the chance so brain drain is an issue. employment opportunities are weak and especially in rural areas. low education, low work opportunities, and recruiting gang members offering easy money (little money) or threat of harm to you and or family means the cycle keeps going. politicians do not help. some use the gangs for their dirty work. judges, cops, mayors, parties are all complicit. everything is under the table. extrajudicial killings of gang members to try and reduce crime. gang members hunting down cops and soldiers. we have a cop in the family. they frequently scope our place out. thankfully nothing has happened yet. be it because they "respect" the father of the household or because the cop had moved out. but he moved back in so who knows.
lol you have never lived in a dangerous city. memphis is incredibly safe compared to el salvador. if i went for a walk randomly around your city i'd be fine, like you said mind my own business. in el salvador if i did that i'd literally be kidnapped and held for ransom. they'd know i'm el salvadoran but from the us, they would know i'm visiting family, and that i have resources from the us. meaning a ,000 ransom versus my life is soemthing we'd gladly pay. and if we do not have it? i'd be dead. this is not an exaggeration i have not visited el salvador since i was 12 because it is just not worth the risk to my life to visit. on my cousins was kidnapped and held by a gang, he was just minding his own business. turns out my uncle in jail had connections and they let him go w. being unknown in el salvador is a huge liability you'll stick out. in many places they know everyone and being an outsider makes you a specific target. i grew up in jamaica queens, i never felt in danger my whole life and i've known people who've been shot. but el salvador scares me. i'll probably never visit again.
the average murder rate in el salvador (the entire country, as opposed to a city) fell by half last year from 100 to 51 per 100,000. by comparison the murder rate in the city of memphis is 29. historically it’s very violent there
lmao you got alot to learn buddy
well there are legit statistics that compare us foreign policy consequences with crime today in central america.
while they are different places, it is unfair to delegitimize the comparison outright because one is a country and one is a city. el salvador is very small
actually, it's not close at all. compare chicago to san salvador or any other salvadorian population center and the murder rate dwarfs chicago. it was the deadliest country outside of a war zone in 2015, but the situation has [recently begun to improve.] (
you said if we didn’t have elon fud then btc could be at 100k.
this joke never gets old honestly. nationalism bad. spread it like wildfire.
they (leaders) are all the same in central. 1. bombastic - check 2. loud mouth talkers - check 3. macho complex - check 4. supposed men of- check 5. misogynist - check 6. bs talk of getting rid of corruption - check i see this guy checks at least 4 out of 6 boxes.
hey it’s your one life to live, if you chose to live it in misery that’s on you. i prefer rainbows and lollipops myself! hope it gets better for you.
so you accept the fact that the money you gain is from others who buy in later? and you still keep up this charade of hailing cryptocurrency as the solution to all the world's problems and cheat off of people who are financially less literate? nice! at least you admit it. ' > seems to get better returns yes if you are the creator of the particular crypto. btw in the stock market,if you're talking about day trading sure it is a zero sum game.one man's gain is another man's loss. but from what i've read the crypto ponzi seems to be negative sum because you lose money to miners too. anyhow in the stock market you are investing in companies that produce a product(unlike cryptos) and if you pick a well performing company with a promising future and invest for the long term there is a very low chance of anyone losing money. is that really hard for you to understand?
do you have any example in the world of a system that does as well or better purely from corporate run private enterprises? i sure do not know of any. so you can "prefer the roads to be better" all day long, sure, but we can safely assume you do still need those taxes at work to function anyway, until absolutely chicago does a worse job than the eu, etc. etc. if that is all you're saying. but taking all of those tax run systems as a group and comparing to autocracies or imagined libertarian societies, they all come out smelling like roses as a group
i mean, you'd lose some military protection, too. less dramatically than other services, because the leaders also need that protection, and it is hard to have it apply specifically. but for example, there would not be national guard available for domestic natural thisasters and such.
let me know when you can find a single example in all of human history of a libertarian community that provides all of the above listed things competently and effectively from paid optional companies (without getting overrun by bears), and i'll consider taking you seriously on a suggestion of alternatives.
> being democratically elected does not change much. you literally describe removal of all debate from the process and unilateral power as being a good thing. you could also frame it as an anti-corruption cleanup. since the previous government and their bureaucrats were extremely corrupt, i do not see how getting rid of them is a bad thing in that context. > your words, are scary. this ability to see no wrong so long as the great-leader removes past wrongs is exactly the thing which drives mass death, pain and suffering. i'm just giving this man with fresh ideas the benefit of the doubt and i'm happy to see what he can do for his country. whereas you're immediately condemning him because muh democracy o_o. has he done anything morally wrong to deserve such a treatment? what's the deal? be honest.
so you're saying a government can only "take care" of its constituents by engaging in coercion and operating a tax farm. nice.
> because if you get a ton of money from a mining rig on a volcano, and not from taxes, then why do you need to take care of your taxpayers? you do not. they can go die in a gutter now, what do you care? you'll still have your income if it comes from volcano btc. the mining operation is being used to provide liquidity, and to fund the research and development for rolling out this measure. again, using a censorship resistant, decentralized, peer 2 peer, open source network to somehow consolidate more power seems like an awefully weird move. like by promoting btc they are promoting things like decentralization, encryption, peer 2 peer networks, self reliance and freedom. such promotion of the btc network seems like it is the antithesis of what a dictator would do.
> you do not have any financial freedom if you have no income. you cannot have either cash or bitcoin if nobody is paying you for anything. so that is not really a threat at all. this move will definitely generate tourism revenue. bitcoin beach will now be on the bucket list of bitcoin places to visit
as el salvador lays sovereign claim to the energy output of this enormous source of natural emissions in order to transform their own (and by extension, the world's) economy, i have a feeling the fiat-elitists would not stop at enacting a 3.
duuuuuuude salvinorin b yeah i have not smoked salvia for a very long time. probably 2008. i've used tincture a couple times since then. the effects are longer and significantly less intense, like stay completely aware of your environment and consensus reality
only on the computer
ah yes, he lost all of his monroe in a boating accident ...
i watched an interview of him and he does not look very loaded.
yes, lest the tax man cometh
exactly. i see posts today where somebody says “i just bought a tesla with 2 bitcoin”. just wait 10 years though. will we see the article about the guy who spent ? if you don’t think that’s plausible, then you wouldn’t have thought it about buying pizza back then.
>entering at the a more or less ideal point of the cycle puts you at an advantage vs people who entered at a worse point. so their reward is for timing the cycle the best, not for getting in early. getting in earlier at a bad time in the cycle is demonstrably worse than getting in later at a better time.
however, just perfect for when the u.s changes the name!
omg i jumped on the couch when i read that.
yes, but have you continued to step accordingly?
i read exactly what you said and gave you a great reason it is perfect for money laundering. it's new, it is lightly regulated, it is volitile, it is complicated to understand. it's perfect for large scale money laundering. there's a reason el salvador is doing this and it has nothing to do with all the reasons you're either naively believing or are cynically ignoring. it's impossible for me to take you guys seriously.
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 let me see which way the price widely fluctuated this week.
“not to be racist but [racist statement]”
actually, your ignorance is more offensive than your statement.
fetuses. but they are not a person.
they also have large gang wars. if you aren’t looking for trouble you’ll be fine.
lol i’ve heard that before.
nyc also really isn’t that violent. it’s crawling with tourist money.
yeah but they were also both corrupt af.
the amount of smoke he blows up arses is a big red-flag for me. whatever he says is coated it in "you're an energetic, youthful, thinking person" the affinity is laid on so very thick. he does well at avoiding words which make it patronising, so people feel he is genuine.
this has nothing to do with my feelings. read some history. expand your understanding of the world.
yes, we cant do away with taxes. im saying tax the corporations more, corporate power is a problem. a system run on private enterprise will only lead us to buying canned air and paying a sidewalk toll everytime you go outside. reappropriate the taxes better. nationalize amazon and use the profits to take the lead out of the drinking water instead of blowing up children and other "maybe terrorists". if the gobmint needs money they should tax the bezos class harder, take less from the wagie class. they should (but probably already do) mine coins for side cash for their dumb bigpeepee millitary projects
i mean other countries dont spend as much and they seem to do fien with natural thisasters. the us outspends the other top 8 military spenders combined
> i do not see how getting rid of them is a bad thing in that context. i know you do not, you're saying "whoever gets rid of the past must by default be a bastion of freedom, if you do not support this great person then you support us imperialism". it's a ridiculous assertion and does not in any way resemble "debate" but instead is said only as an attempt to shutdown thiscussion through manipulation of emotions. > i'm just giving this man with fresh ideas the benefit of the doubt this is the path to destruction. i'm sure socrates would have something to say about this. > because muh democracy o_o you know that this is in no way my position. your continued use of strawmen to re-characterise the words you're replying to is rather thistasteful. > to deserve such a treatment? deserve? political leaders are above reproach? "leave nayib bukele alone!" > be honest. oh it is obvious is not it. i'm a paid shill working for the cia, of course! that's the most reasonable explanation!!! you should stop replying because i'm just here to murder babies or something.
yep! i did not make the rules, man, and i did not say i prefer this universe to an alternate universe where things can just be nice and pleasant without strings attached. but that is indeed how it practically works in ours.
it's being used for whatever they say it is being used for until the day they change their minds and say it is not being used for that anymore. your arguments are based on trusting promises, not on the cold calculus of what's actually possible once all the power is in a small group's hands. > like by promoting btc they are promoting things like decentralization, encryption, peer 2 peer networks, self reliance and freedom. who cares about tracking your citizens' finances if you can just ignore your citizens and have them all be dirt poor and starving in gutters? there's no "finances" to track if they are in hovels in the mud with no jobs. a surveillance state is another flavor of dictatorship but not a necessary way to do it. just one way to do it. this is the setup for more of a banana republic form of dictatorship,
yep, history definitely shows us that tourism to banana republics always ends up fairly thistributed into the pockets of the masses
i heard his seed phrase in the banana stand
the best investors don’t flaunt it like all the lambo whores flexing the ego
what does someone who's loaded look like? i look the same now as i did when i had a fraction of my current wealth. if i had a thousand times as much, i'd look the same.
a reference to what happens to people's guns once they get outlawed by the government. "i lost them all in a boating accident."
the coins circulated onto btc-e and the 12th richest bitcoin address apparently
no. if you got in 2 or 3 cycles ago it is pretty much irrelevant now what point in the cycle you chose.
we don’t need you to take anything seriously. if you don’t understand bitcoin that’s on you. you’re blatantly wrong. if you’re using a public block chain to launder money you’re fucked. there’s much better ways to launder money. people get bitcoin at the price they deserve. nobody gives a shit if you stay on zero when you have all the resources to learn about why you’re wrong.
more like xenophobic, not racist. americans use racist for everything.
no, not ignorance, just straight facts, imagine being a woman there, africa like.
no, actually it is gonna be the opposite, it is gonna be shown as one of the greatest advances in women's rights.
have you considered what happens when they miss, misidentify you, or you otherwise mildly inconvenience them? i live in a relatively high-crime us city and this is an absurd take. stop relating your experience to something you admit you know nothing about.
you be you my man, but there no way on earth i’d go there. even in costa rica - a waaaay safer country - we had armed security occasionally.
when you eliminate all the decent ones and place the shitty ones in power, with force and revolution as the only option to dethrone them, you end up with pretty shitty people in power. it’s either usa puppets or extremists that need to be extreme to remain in power so the us doesn’t install a new one to replace them
excuse my ignorance, but do central? maybe they should try. i am not a wokie but seeing as how they seem to produce really shitty male leaders a change wouldn't be so bad.
i have and i don’t dwell on what i can’t control so that i’m not miserable. hope it gets better for you! 🤪
agreed, kind veered off from the thread, but yeah. i think robotic automation will end up doing what you want at some point. if 40% of your population is unemployed and not being provided for, and also educated and also armed, then you're kinda gonna have a lot of pressure to pass higher corporate taxes to pay for ubi and such.
ok, let us restart this thiscussion and try to do better. 1. why and how is he worse than his predecessors? 2. what's the alternative? he's been legitimately elected by the majority of his constituents because people are sick of corrupt politicians that are out of touch with what they want. what's anyone supposed to do about it?
then we have to agree to thisagree. i'm happy to see the experiment play out in a country where people are voluntarily willing to try.
so what would you propose to help el salvador?
there’s always money in the banana stand
3 cycles ago is 12 years ago which is as long as its existed for. in 4 years time will 2 or 3 cycles ago still be the important metric? or will it somehow have changed to 3 - 4 cycles? these goalposts always move to whatever makes it look best. at ath - "no one who has hodled bitcoin has lost money" 10% down from ath - "no one who bought before last week has lost money" 50% down - "no one who held for more than 4 years has lost money." this logic only works if you think there is some iron law that says bitcoin speculation always goes up forever.
meanwhile, we're here talking underneath a story about a country with a long history of corruption and drug smuggling setting up bitcoin mines. gee, i do not get it.
>the market cap is still very small, influential news will have an impact. >you must be an idiot to not see how that leads to... >manipulation of markets. and... >tell us why it has went up 1.000.000% in ten years. did i mention money laundering?
i live in costa rica, which does pretty well in a lot of global indexes, including inclusion and human rights. so, yeah, ignorance.
before they could murder their children, women were basically slaves
let’s factor in random ass mass shootings in america then. you could just be going to work and get clapped.
i have no reason to live there but if i had too i think i could stay out the way. but you bet your ass if i just went to visit i’m staying in the tourist areas.
am brazilian, that did not work either.
tell that to argentina with cristina kirchner, and chile with michelle bachelet. from what i understand, both are involved in abuse of power and corruption.
i can only hope, but that seems like the logical future
> let us restart this thiscussion lets not.
i do not know. improving autocratic countries is incredibly difficult. there may not be a viable solution anytime soon. the diamonds. but with btc it is just "electricity in any form" so it is actually even more dangerous than other mining has been in the past in terms of perpetuating an indefinite autocracy. it's a very very worrying development imo. the best i can think of is * someone could invade them * that someone then militarily enforces that any major industries (including electricity) not fall under government oversight or control * that someone also not take that income from those industries for themselves either (lest they risk becoming more autocratic themselves for one, but also not allowing enough gdp remaining for them to rebuild themselves into anything else) * that someone not getting their grubby hands all over the remaining politics. no installing puppets etc. etc. let them be in all ways other than a rule of not allowing government control of major industries. * once they are forced to turn to educating and improving the populace as the only remaining form of government income (via tax dollars), eventually that can become more profitable than the oil, and the invading force can ease off without the incentive promoting autocracy anymore. that is a huge list of if's that historically the invading force cannot help but to violate at some point (they tend to gleefully rape the land of the profits of the colony, install those puppets, etc.). so generally does not happen. usually the solution is rather just the oil. which would not happen for btc so... *shrug* ?
as i said: you are attacking strawmen. no moving of goalposts required at all. people who preach holding for the long term do not usually refer to time frames shorter than 5 years. if they do they have a strange idea of what 'long term' means. what is your point anyway?
so your entire theory is that el salvador made bitcoin legal tender so that people could launder money on the public blockchain that is then documented for eternity?
yeah besides the high rape rate, it seems to be better than the other central america countries. so i am sorry for the generalization.
so she did something good and said some cringe shit. everyone cannot be perfect.
it's not a murder but yes even today they are in countries like el salvador and other central american countries.
mass shootings are a problem but again with that factored in you’re still way off. edit: i was in the dc area for the beltway sniper (went in lockdown for my school) and now i’m in philly
glad we agree on that one :0)
ok, i was trying to be fair and attempting to hear you out but have it your way. i'm no friend of politicians and nothing would make me happier than seeing the nation-state social-democratic model fail in favor something more laissez-faire, but i'm also a realist and i know it cannot happen overnight. some allies in those circles are better than none and bitcoin needs all the help it can get.
although i echo what others are saying about taking a low interest rate mortgage, i respect your decision to be debt-free. not everyone's main goal is to maximize profits. some people just like to take the stairs, nothing wrong with that. congratulations friend. time to start a new stack of sats :)
not your keys, not your house.
moon reached. keep buying, mars needs inhabitants.
and here i am contemplating selling my house for bitcoin
how long have you been hodling?
debt free home is serious winning. congrats. hopefully you took taxes into account before selling
why are you paying in cash and not taking advantage of the low interest rates? are you outside of the us?
ignore the wish-it-was-me naysayers. buying your own home outright with your crypto is a fantastic achievement and a great thing to do with your gains. why continue to pay interest on anything you do not have to? the security of owning your own home outright is a great thing to have on its own, and well worth targeting. congrats!
happy for you. home ownership is a pillar of freedom, just don’t over extend on property taxes
congratulations. enjoy your home :)
lol people who don’t have enough bitcoin or ’ve bought it. well done op.
amazing dude! someone once asked david attenborough what his favourite object was, he said "my front door key"
i have to ask, how many anti-money laundering hoops did you have to jump through to buy a house? you must’ve been scrutinised pretty heavily by the conveyancing lawyers
i've read a fair amount of shit comments and it is annoying. although i personally wouldn't have done that, i think paying for a home is a fantastic use of bitcoin. congratulations to you and your new home.
why not take out a loan for the home with such low interest knowing btc price will probably grow much more than that interest rate in 30 years?
smart move if you have a crypto've earned to date. if you are not a gambler, you could have gotten a very low interest rate mortgage and invested the money very very conservatively and made a lot over the life of the mortgage.
congratulations! it’s so good to see someone reach their moon. doing this is the ultimate goal for me, it currently doesn’t seem likely as i don’t hold anywhere near that much btc, but i guess you probably thought that a while ago too, so i’ll keep on dreaming :d
congrats man!! life-changing wealth!
great, now get a low interest loan and buy back in at a higher price. smart people have mortgages until they die. especially at these rates. they may go lower, but to not take free government sanctioned money is unwise. if you can borrow 500k at 3-4% and make 8 or 50% by holding anything, you are costing yourself over [2 million]( or [42 million]( respectively. this does not consider the re value increase over 30 years. yeah, having a house paid off is nice, but that feeling is just a feeling and it is not a wise financial decision. if you can manage (good) debt and arbitrage it effectively, not having it is dumb. use other people's or as the case may be gov backed debt to setup yourself and your family. this depression area thinking has been hurting people for 90 years and the next generation needs to outgrow that thinking. ' \*\*not financial advice, just an opinion. i am not a financial adviser stealing people's returns through high fees and commissions.
what an odd time to decide to sell all of your bitcoin. housing market peaking and bitcoin about to start another run-up.
owning a house with no debt gives you something no other asset, even bitcoin, can give you. peace of mind. you will always have a roof over your head, you will never end up on the streets, you will have a place to start and raise a family if you wish. there are very few things worth trading bitcoin for, a home is one of them. congratulations friend, never let greed make you feel like you made a mistake. you did not.
bruhhh refi rates at all time lows they basically are charging you little interest...you feel like bitcoin cant do 3% a year or better... bad decision imo, but at least you will sleep better at night with house paid off i guess.
i find it funny that half the kids talking about it being a bad decision have never felt what it is like to bleed out in a financial crash when you've leveraged more than 50% ... and then loose you job.
right on! in my view, this is the whole point. i’m not holding my crypto forever either probably. definitely a long time though.
you can take out a loan against your btc on coinbase
i need more btc
land and property is still a great asset (one of the best), bitcoin is not a roof and a place to sleep. in the long term it is still early, dca the way to go and now you do not have the stress of not owning your own home. bitcoin made this possible, is not that what it is for, financial freedom?
that's gonna fucking hurt when the taxman comes around to collect the capital gains on it.
hope you saved some cash for taxes. assuming you plan on paying tax or live in a country that requires you to pay for capital gains.
not everyone is a bitcoin maximalist with a 100% forecast bitcoins perpetual growth and survival. some may only feel 50% or 75% or even 90% about it but would rather have a roof over their head no matter what happens and they sleep better that way. going the loan route would mean they do not lock in any bitcoin profits and that a bank owns their house. theyd also pay higher bids, higher closing costs, and interest.
dont forget. 40% capital gains tax...
and then it breaks ath and the paper hands remorse sets in
advice to anyone reading: never sell 100%, if you really want "all out" then sell like 80% or 90%, put the rest into a secure media with like 5 backups and forget about it. that remaining 10% might turn into another "free" house during next decade or two, for you or children.
why would you turn down nearly free money from a mortgage at less than 3% apr, and sell all of your precious btc? unless you don’t qualify for a mtg, in which case, congratulations!
gratz man that’s amazing!
man…. rarely is this the best move. inflation will eat away at that debt over time while your btc increases in value.
most expensive house ever. i'm sorry
loans are ok. bad idea
you should get a mortgage. you do not understand finance.
this man bought a house cash in the most inflated market instead of taking a < 3% mortgage lmao. you belong in wallstreetbets
you paid cash for a house? biggest mistake of your life.
congrats on your house but this is this is a very negative expected value move. even if you did not sell any bitcoin it is much better to take the mortgage. this is essentially going all in on longing the dollar. very backwards move. hopefully you have income that scales with inflation.
btc will moon and housing will crash but congratulations regardless!
for anyone looking in the comments for alternatives - apps like celsius and nexo will give you loans against your bitcoin so you can buy your dream home and keep your bitcoin. it’s a win’t have to sell. just take out a mortgage for as long as you can, take out a loan on celsius for the smallest down payment you’re allowed, and let the interest on your bitcoin pay off your mortgage for the rest of your life
nexo also gives loans
never sell all your bitcoin. you could have taken out a loan against it. now you are paying taxes on it
as a wise man once said: thank you for handing a finite respurce to you future crypto overlords
rates are low. you could get a mortgage and invest the money in crypto to get more returns than the interest payments.
hope you kept some for taxes!
congratulations. no matter what anyone says, the safety and security of having your own space that nobody can take from you is smarter than bitcoin
i mean you did not have to pay 100% cash for the house, you have to look at the possible appreciation of bitcoin versus appreciation of the house minus the cost of interest of a mortgage. either way congrats
congratulations. there's something about being mortgage free that is slightly exhilarating. exhilarating. one of the best uses of all that great bitcoin profit can be used for in my humble opinion. enjoy.
this is proof that ₿ is a good store of wealth
congrats! you rock. i know that was a big decision to make. don't look back and no regrets. some might tell you that you should have waited, but this is your story and this is how it went. take the win.
good onya mate. there's a lot to be said for debt free living. welcome to the club, it is a comfy place.
congratulations! a home is one of the most valuable things you can own—and i don’t mean as an asset, but for what is is: a secure place to call your own.
regardless of what any one person thinks about this decision, it’s a success story for both op and btc! congratulations my reddit friend!!
why sell the worlds hardest asset when you can borrow a cotton asset like usd? terrible move.
you're gonna regret that big time
but mortgage rates are so low. you could have literally have made any other investment and made more money. for example let’s say you have 500k and house is 500k. put 20% down. 100k. the rest you could buy dividend stocks that pay 4-5% interest and you’d make more than your mortgage plus the growth of the stock. or keep your bitcoin
good for you, do not cry in 4 years when the btc will be worth 25x 😅 (i speak from past experience, sold 2btc to get 5k to buy a cheap property, and that was my last spending...)
smh, why? literally the dollar is being inflated away. if anything take a loan out on the btc and buy your house that way.
bitcoin is an incredible monetary revolution that is here to change your life for the better. your choice is one of the few cases where selling your bitcoin makes sense. having your own home with no mortgage to pay off gives you more freedom. that's what bitcoin is all about. having the freedom to live life on your own terms. bravo.
a lot of negativity in this thread... is it the right financial move? i do not know, but it is not my place to judge others either... congratulations on your new house, you've gotten something tangible out of your bitcoins, and that is certainly more than most in this reddit. you've also contributed to bitcoins stability by selling your bitcoins and thereby released them into circulation, so as a supporter for bitcoin, i'd also like to thank you for this. many people seem to forget that if noone ever sells bitcoins, then the price is effectivly 0.
wish i could understand this stuff so i could pay off my taxes with it. i never understood bitcoin or how any of it works
other people bashing on you. say what they want. obviously you now have a bunch of equity in a house so arguments about access to capital are incorrect. people work their whole damn lives and never get a house paid for, some do not even get one in the first place. right there you've accomplished about 90% of the american dream. you may have some property taxes, but you would not be paying interest. conversely, while bitcoin is reasonably likely to go up, sentiment can change very rapidly due to external events or a systematic effort to drive down the prices by big money players. now you have a house, you can start stacking coin and come back in at a later time, whether to bitcoin or whatever is hot at the time. glad you took the opportunity, way better to have a major goal knocked out than to be continuously gambling for more and risk losing all of it.
could he make more by holding? sure. could he loose it by holding? also sure. op made a good choice to improve his future we should all be happy for them. chill.
that’s just bad investing… i don’t get why people want to pay all cash instead of leveraging banks as co loans and using the money for better investments. you can get a loan under 3 pretty easily right now, you can easily outearn 3%
so great to hear stories like this! (don’t forget to put tax money aside)
previous times i would have said congrats but right now, with such low interest rates and bitcoin supply shock poised to happen, bad move you will never get that bitcoin back
don't listen to any naysayers or armchair financial experts. owning your home 100% with zero debt is one of the best things you can do with your money. source: me...i'm completely debt free on any level for anything, and it is a superb place to be in life.
congrats, you found your moon. however, as lots of others here saying, btc undervalued, housing overpriced, cannot you stake your crypto and borrow against it then make repayments to that? sounds like a no brainer to me, you have a defi mortgage, you keep your coins and get the chances of it going up and increasing your holdings?
not what i would do. my mortgage is at a bit over 1% interest. i wouldn't sell my btc to pay down a 1% interest loan.
buying a home in cash is silly but congrats
congrats! awesome news. personally i’d get a mortgage with rates so low... i know loans are shit 99% of the time, but the 1% time is on property. you get the benefit of inflation erasing your debt
why would you do this? it makes no sense to pay cash for a house.
you could have borrowed against your bitcoin, got cash for the house, pay no tax, kept your bitcoin, then dca to pay back the crypto loan. but congratulations, send us pics 😀
we have not had a bull run in almost six years and you sell **now**??!?
bitcoin is for life no mortgage payment is better than having no btc that stress of the bank owning your house will drive you mad.
so you turned down a record low-interest rate of 30 years to sell all your bitcoin which could easily yield higher than 2-3% on a 30 year annualized basis? should have paid enough to avoid pmi and then dca sell bitcoin over following years.
read next along as you go.
well congrats... ...but the smart way would have been to take a loan (fk fiat) and keep your coins... just my 2 cents ...but i could only buy a used honda civic for me coins...so... yeah... listen to me ...lol...
you bought a house with bitcoin in a sellers market????? omg. you special smart
i really hope that property taxes + home insurance do not fuck you over in the long run.
well great for op, but i hope they realise they swapped btc, of which there are only 21 million of, for a house which there are billions of. surely it would be better to save at least a little btc?
that hurts, just get a loan while the interest rates are still low. you do make more money with an etf (eg 5%) than what you pay the loan back (eg 3%) which means you just wasted the 2% difference. instead of just criticizing the „system“ and being full crypto learn about it and use it in your advantage. you’ll be very unamused when btc may skyrocket after the next halving or even earlier.
congrats on your good fortune and hard work. but i'll concur with others here. for anyone considering doing this, if you feel the value of the dollar is falling (it is), and if you're able to borrow, financing and paying with future dollars is a much better plan. especially if you think btc will continue to gain value against the dollar, you'd be much better off borrowing and paying with the less-valuable future-dollars. credit is at historic cheap levels, and the dollar is getting weaker every year as quantitative easing and printing proliferate. many people know about shorting stocks - you can similarly short the dollar by borrowing dollars today and paying the debt with tomorrow's less-valuable dollars. if your btc doubles over time you can essentially pay half price for the home. if you think btc has a chance of going 10x it is an absolute no-brainer.
dude, interest rates are low as fuck. get a loan and invest the cash.
this is how you stay poor
congrats on your purchase op. you set a goal and you stuck to it. fuck everyone telling you made a mistake.
good feeling but mortgages are soooooo cheap i cannot do it
why wouldn't you get a mortgage and use future money today? debt = wealth. debt is super cheap. debt is easy to service. paying cash for a house is near insanity.
one of the dumbest possible things you could have done. unbelievably stupid. everyone, learn from this what not to do.
you just sold an accumulating asset. i do not know why people applaud this. could be a costly mistake.
sounds like you have no clue about the financial system and how it works...u will regret that move...
i mean…. the rates are like 2.5%. basically free money. you can’t get that low of a rate on any other leverage
this appears to be a poor fiscal decision. anyway, congratulations 👏.
sold an appreciating asset for a depreciating one. don't agree but to each their own.
great job - congratulations.
is this the next bitcoin pizza meme that we all be meming 10 years in the future.
this might be the biggest mistake of your life
when someone mortgages or refinances their paid-off house to buy btc, we always scold and lecture them about how foolish they are being. and yet, every single time they end up insanely rich. when someone sells all their btc to buy a house, we always congratulate them.yet, each time they always end up thousands of times poorer than they would have been if they hadnt. we really cheer on people crashing their moon rocket back to the planet, while booing the people heading up in the right direction. strange thing. anyway, congratulations.
dumb move with interest rates as they are
imagine selling btc to buy a house at the height of the bubble instead of taking a mortgage at a rate lower than inflation. congrats op on smoothing out the last wrinkle in that brain of yours.
good luck dealing with taxes. when buying a house, questions will be asked as to the provenance of the money. because you sold all at once, that means a large profit for this year, so likely a huge tax bill. if you used defi, you could have set up a contract that automatically pays just what you need for your mortgage payments, thus spreading out your profits from crypto’s over 30 years (so less tax burden) as well as letting you take advantage of mortgage rates below inflation, which is essentially free money. in any case, your more immediate concern is making sure you accounted for taxes on your btc sold.
pay cash and then get a heloc. different guideline and they do not have to source the funds...because you do not need any to close a heloc. may have to wait90-180 days after closing.
congratulations. anyone commenting otherwise is ignorant to the fact that the market can, and probably will, "correct" at some point. securing shelter is never a bad idea.
congrats!!! saving for my home too!!
you will regret that in a few years, badly. congrats non the less.
never ever sell more than half at a time. massive regret coming your way, sorry to say.
congratulations on the house! you sold it **all** and did not save **any** btc? everybody who has ever sold **all** of their btc regrets selling it **all** and not saving **some**.
all you haters, remember that the house will be worth a lot more in the future too, plus you can live in it or lease it to others. nothing wrong with trading a volatile appreciating asset for a more stable appreciating asset. finally, not every financial decision is a math equation about how to have the most money. other things in life have value too.
why do people upvote these posts? i really do not get it. why would i or anyone else care?
so you won the game. congrats !
noooooo! it's it's trap!
take the advice of people here if you want to keep. buy back in on a dip, take out a low interest rate mortgage. watch your btc grow over the course of the mortgage and lose virtually nothing to interest. you’re trading one asset for another when you could effectively double them. debt isn’t always a bad thing.
good for you man, everyone saying it was a bad decision probably does not even have 1 btc or a house so ignore them 😂. stress free living... nothin wrong with that!
how much is the house?
you must be nuts. have you seen how cheap it is to borrow money?
bro. you sold right before the big end of year run up. 🤦🏻‍♂️
congrats! that is a great accomplishment. something to consider: btc is likely to increase in value more than your house and exceed any interest rate you would pay on a loan. and mortgage interest is at an all time low and is tax deductible.
i wouldn’t say its a bad decision- but i never had a home at 63, i can get one now easily- but my eyes are on bitcoin for my future. not fiat, not real estate, and i don’t care if it goes down to 5k per coin- ( well i do care, but won’t sell! ) i can go anywhere for a view, but a hope for a financially free society- priceless!
wait 6 months buy 4 houses
now mortgage your house for stupid low interest rates and let inflation eat away at the loans value over time while you put it right back into btc for those gains, keeping a years worth of mortgage payments in fiat account if you need a secure fallback...when mortgage interest is lower than inflation rate it is literally free money when you adjust for inflation. let someone else eat the money printing after-effects
i would have sold everything to cash, wait few months until housing bubble pops and then buy a house.
that’s honestly dumb. you can get 5:1 leverage with a mortgage for like 3% fixed right now. that’s pretty much the best debt available. should’ve kept 80% cash...
this is a poor person move for sure. debt when interest rates are rock bottom is the smarter move
"i am paying 100% cash" mortgage rates are like 3% right now...you can get a solid 9%+ return in the stock market... way to throw money away.
better strategy would have been to get the mortgage at 3% and pay your mortgage each month with btc.
if you can finance something with a super low rate, or even 0%, do not pay cash. keep your money in an interest-earning account. your cash could be earning you more money right now.
loser just be homeless til it is over
your house would have been 4x bigger had you waited until december.
meanwhile 30 year loans are at 2.3%. seems like a smart financial move.
selling right before we hit 100k per bitcoin by december? thats going to be the most expensive house you ever bought. the value of 1 bitcoin itself will outpace the value of the home in under 8 years. congrats and ouch! to those who still hodl, take a loan out on your bitcoin if you're desperately needing fiat. why trade the money tree for depreciating assets?
this isn’t smart. you can get money basically for free right now. paying cash is not smart in fact it’s the opposite.
it feels good but, get a small heloc and use it to dca. its never a good idea to own something in real estate 100%
you want a pat on the back for not accessing cash at historically low rates?
when you say you're paying in cash. do you mean you're literally paying with paper or are you writing a check?
i want to buy cash too, when btc hits +
congrats but damn man i think you did it in the 1
so long as you're ok with that house becoming very expensive with the change of btc to fiat. everyone needs to live somewhere and if your basic needs are covered then it does not really matter in the end. good luck reentering the markets later.
well done. one of the only few good reasons to sell up.
do you have to pay capital gain tax?
congrats! you made a great decision
blessings to you. grats!
nice! i bought a new dream bicycle, but ill do as you just did. btc is the way!
amazing this is the power of crypto.
congrats to you. don't listen to the comments. sure, long term money plays are gonna get thiscussed, but it is your choice and your peace of mind at the end of the day. be happy with the purchase and enjoy!
very nice sir! how many bedrooms!? how big is the house? i just want a small condo.
congrats. financial freedom is the goal.
i would have gone 50% on the down with a 10 year and low low interest rates rather than selling all the btc i have, but congrats nonetheless.
well done mate, you have landed on your moon.
congratulations brutha!!! i also just bought a house with btc i sold enough for a 20% down payment with a 2.7% interest rate. bitcoin has changed our lives for the better.
by not financing, you are saving one basis point on your long term blood pressure. congrats!
this post won’t age well in a few years… but having a home to live is a necessity i guess. good luck and congrats!
congrats! without a house payment you’ll hopefully be able to dca a good amount of money
would've bought a house to rent out and then dca the rent into bitcoin
congratulations, better start buying back to help the rest of us! banks are criminals
you made it brother. good luck ahead!
i just sold all of mine too (only made ) i’m over the ups and downs
nice moon bro 👏
do whats best for you bro, glad bitcoin was life changing for you
hey i’m in the same boat! except didn’t sell all my bitcoin and esp didn’t pay off the house in full. cheers bro.
i will say the same thing one day
banks will hate this trick
i would have kept the bitcoin, but congrats on the house!
isnt the point of defi to be able to borrow from yourself to do this sort of thing?
i will pay off my mortgage balance when bitcoin hits
doesn’t matter if you buy all cash these days, you’ll have to pay property taxes every year and they are just as bad and inhumane as mortgages
congrats man that’s amazing!
here we go with the sold it all posts...like clockwork.
you might not have a mortgage but you will have a nice capital gains tax on your return next year. should have looked into crypto backed defi loans….
ey brother, do not listen to the so called ''experts'' saying you've made a mistake. i think it is fucking awesome that bitcoin has allowed you to buy a house, i mean damn... there are a lot of people right now that cannot even afford to buy a house because they are in dept from their education. rock on brother and you enjoy the living shit out of your new home!
ten years from now that btc could have bought you ten houses. meanwhile you could have lived in a cardboard box under a bridge and eaten out of dumpsters to save money.
that’s is so great! that is exactly the same thing i’m doing. i was so close until musk crashed the crypto world. congrats.
i personnally just sold to have enough own contribution. borrowed max fiat amount at bank, and let my crypto give me passive income to repay bank. interest rate at 1.8% everything included (taxes, insurance, caution etc) in france.
great, average people should do that. a home of your own is always a good thing.
congrats on finding your moon.
congrats! hope you stashed some cash for tax.
congrats and thats amazing!!
that’s how you do it
well done! i’m hoping i can do that one day. prices in cali are mind blowing
congrats!!! that’s the way to go.
massive congats!!!!!!!!!!!!! so happy for you!
gratz but you could have played it better.
if anything i would’ve took a little out of bitcoin for a down payment not all. you’re still going to have to pay taxes for what you took out that’s assuming you live in the us like me or wherever. all in all still awesome you held and ended up buying a house with your profit. congratulations!
do not sell it all for a home! keep at least 10% btc :)
i thisagree with buying it full cash but hey man congratulations! hope you enjoy your new home!
good timing right before dead cat bounce ends
nice, congrats on being a home owner.
i hoped the rest would be “because it’s gonna tank tomorrow”.
that’s fantastic. well done 👍
the return on equity is zero. read again
congrats you accomplished a huge goal. pat yourself on the back.
guess it is better than letting btc go to buy some pizzas
cashed one out and out a down payment on a house this time last year. luckily the fucking house appreciated by the same dollar amount that bitcoin did.
damn! congrats man, that is amazing. i do not think there is a wrong answer in the mortgage or not debate. having 0 debt might free you up to take risks that pay off lucratively, and maybe you wouldn't take those risks with a monthly mortgage. at the same time the "free money" angle is compelling. it comes down to personal preference i think.
congratulations!!! btc making those dreams come true!
i could have sworn from the title that this would be another shitpost saying how they sold all their fiat for btc.
you made the right decision. forget everyone saying “interest rates are so low”. losers just can’t afford a house in cash. you rule.
congrats! you can’t live in your ledger
a lot of people here talking shit, the man reached a personal goal, there’s never a perfect time to sell, let him celebrate
you should not be afraid of debt. if used properly, it can be a powerful tool for generating wealth. the rich are getting richer and the poor are getting poorer because people don’t understand how to use the system to their advantage.
i’m curious how did you manage to pay it? did you use your bank to transfer the large sum ?
that’s the dream! congratulations! not having a mortgage payment provides the financial flexibility you need! ✌️
grats! it's good to hodl but do not forget to live a life that you want to live!
better to take the mortgage and earn a higher yield on bitcoin. as done, you've got to give up at least 1+ points deduction that you can claim on your income. all of this only to try to weasel back in bitcoin later with post tax dollars...
well done buddy! financial freedom comes in different ways, and you certainly found one of them!
hell yes !! the same thing we did !! it feels great not having any bills or owing anyone anything !!! now you can dca back in and enjoy life without the stresses “ normal” people have !!
this is the way. 👏🏼
congrats! this is one of my crypto-related goals as well.
improving your life is always worth taking profit. congrats on being a homeowner!
so many comments already but i want to toss mind in just in case it’s not too late to convince you btc moves many percents up and down a day, yet you are avoiding a loan with a 2% interest rate instead of keeping your btc
boss move. still plenty of time to dca
good play. don’t listen to haters. holding forever and not spending it has zero purpose. you can always buy back in and the home value should only increase.
big mistake, find a video on youtube titled something like "why the rich take loan to buy anything".
90% of you that are saying that op made a bad move probably do not have enough capitol to purchase a house at one time and likely do not own a house. y'all all preach, "fuck the banks", but then tell op to go take advantage of a low interest loan from a bank... wasn't bitcoin about being independent from the banks??? i think it is hilarious honestly. congrats op on the house purchase. btc was able to kickstart my life ahead of schedule as well and i do not regret it one bit. one thing i've learned is even if btc rockets or your house drops in value, you'll still have a house. you can **always** look back and find a way that you could have made **more** money. don't regret a thing.
congradz man that is the dream
from mathematical point of view, it is bad decision. from human, emotional, stress free and level of happiness point of view, it is totally understandable :). congratulations :)
naice. hope you can buy and hodlr more btc in the future, in your new home.
good job. do you know your cost basis? 100% cash gives you a massive advantage in this housing market.
i’ll do the same. having a home that’s 100% yours is an amazing improvement in many ways. from now on you can save huge amounts of money each month and invest it in bitcoin.
put aside some tax money for those capital gains.
congrats. huge achievement. i wont be selling anything as i think bitcoin is the best asset there is.
selling one investment for arguably a better one. owning property has been my best investment the last few years. bitcoin comes in 2nd. congratulations!
maybe this is antithetic to this sub and crypto in general, but my understanding, based on the current paradigm, is that having at least a small mortgage is financially advantageous because 1) rates are ridiculously low right now and 2) the mortgage interest deduction you can take on your taxes offsets if not makes you money.
i may not agree with your decision, but god damnit you i respect you.
you would get much better returns if you put the 20% down in btc and borrowed the rest. the 3% on a loan even at compound interest is nothing to the gains you will have made holding on to your coin. as for appreciation- what’s the best case scenario in the middle and long terms? you triple your money in 30 years? bitcoin could do that this year. mortgages are usually “good debt”.
buy it all back. pro move
that's awesome! congrats! life goal: unlocked.
get a loan and buy a condo or two for investment for cash flow. interest rate is super low and it’s a tax write off! i could easily pay my house off but rather have multiple properties! good job tho
but did you pay those gain taxes ?
cingrats man! you made it!
peace of mind not owing money can be invaluable - congrats op, sounds like you are super happy and proud. enjoy this moment 💪🏻
congratulations, i'm extremely happy for you!
you can buy it in cash and then cash out refi if you can’t get a loan before owning the property. then take the cash you refi out and buy back some of your bitcoin
screw anyone who tells you this was a bad move. owning property seems impossible for many people your age
bitcoin is just numbers, real world shit is real world shit. you gotta turn the numbers into real world shit at some point...but never get 100% out of bitcoin, that is a mistake.
that feel when my mortgage rate in sweden is 1,29%
congrats! do you know what your tax bill will be? how much will be treated as short-term versus long-term capital gains?
congrats agree to thisagree hopefully your house doesn’t end up being valued at millions in comparison to btc value. or rather hopefully if and when it does, your decision to cash out btc is worth the value of the home in your life. cheers !
gratz man! my dream is to earn up for deposit to get mortgage for me and my 5months old. not far left, if we keep up bull run for about 50% more we will be just there. mean while some shitposting for extra moons will help! but really well done!
): some of that helicopter money the fed gives the banks could’ve been yours…
moron, you could have put that into a yield farm and got 10% or more and keep your btc
you should be dca ing in and out my bro. never a good idea to sell the whole chunk in one shot
i cannot understand how people are saying this is a bad thing. you're not collecting pokemon to keep it forever you should be in for financial goals. even if there is a *probability* of even more gains it certainly helpful to get away from rental costs and other unnecessary costs and start to build up a new investment from the ground. congrats op! i've entered the crypto train late so ive set my goal for some years from now and i hope i can do the same :)
if i have enough btc to buy house, i’ll do that straight away.
sell your real estate and buy bitcoins.
not an easy decision and i applaud you for doing so. ignore haters. there is no right or wrong. truth is you own a house and you freed up some cash to hopefully keep stashing over time. i hear people saying is still early for bitcoin. and i agree. you secured a stable asset. you are now free to invest in an extremely volatile asset with extreme risk - and upside. well done.
interest rates are at all time low. it’s essentially free money… opportunity cost, opportunity cost, opportunity cost
congratulations buddy you've achieved many people's dream, to own your own home outright. just think of all the juicey expendable income you have now you seeing as you are mortgage free
at the end of last tax season, when filling out my tax information on hr block, it asked me if i had done any crypto trading. i’m curious does this imply that if i have in the previous year, would it have taxed me for my trades or does it simply want to know what those trades were for documentation purposes? would op need to pay a lot of taxes on his bitcoin sale if this is the case? or is cryptocurrency currently clear from all taxes in the united states?
so glad this was not another "just sold it all... to buy more btc!" shitpost. thanks op 🙏
pretty horrendous decision to just dump all your money on a house when you could outperform the mortgage by just investing it on the market but to each their own. also, congratulations.
congratulations!! that's my dream as well 😊
i'm curious when you got into bitcoin. i'm kicking myself for not getting into it in march 2020 (forget about the early days). i could have easily bought 5 bitcoin or so at that time and been well on my way to buying my own house. instead i feel stuck now making 50k a year, dropping . i know i need to be patient, but with rising house prices i feel like i'll never be able to afford my own place.
people are mad that op sold, at what point are you just a dragon hording gold if you never use it? could he make more with bitcoin? possibly but at the end of the day he has a tangible place to live and no mortgage. if this is not what bitcoin is for then what are you doing? yea timing wise people can argue but at the end of the day he has a house.
congrats you could have literally been paid in fiat to have a mortgage, after taking into account inflation
would be a smarter move to take a low interest loan with crummy fiat that is also losing value and keep stacking that btc...but being debt free is also good so congratulations!
amazing well done bro! you made a bold bet that paid off handsomely.
it is my dream !! congratz :)
you should have read seifedean ammous' new book the fiat standard. he describes beautifully how fiat should only be used as loan on investments. bitcoin collateral lending platforms are the manifestation of this in the crypto space. loan fiat, buy investment that appreciates in value like a house, pay the loan back over the next decade and at the end you get your bitcoins back. with inflation at 5% you get a thiscount since the interest is less than inflation.
makes no sense. borrow rates are at all time lows.
this is proof that crypto can change our world economically and close the wealth gap.
so, if i were you...reading unsolicited advice from a stranger on the internet. i would make a pretend mortgage payment of a certain amount to an investment pool. use those funds reinvest however works best for you. congrats!
big up for u
people say you cannot eat btc but i guess you can live in it, congratulations
nice. i like to see sellers go dry :)
home ——> heloc ——> btc
i just spent ,000 62,000k btc. i'm fucked.
congratulations op, reminding us all of one of the reasons why we are here
so you just took your money out of something that appreciates 100-200% a year, and into something that does like 10-15% per year? people (like me) are literally re-mortgaging their homes to pull cash out to put into btc right now.
so you’re the reason, the shit goes down again! thnxs
bad bet. bitcoin would outperform the low interest rates.
wait you are supposed to sell...
congrats, op. for others thinking of doing this or, as has been suggested, leveraging their crypto to collateralize a loan, consider a third alternative: instead of selling your whole stack, sell a portion to cover just the down payment and the first 12 monthly mortgage payments and hold on to the rest. then, every year, sell just enough to cover the next 12 payments and so on. btc has historically appreciated 100-200% year-over-year, so each year, on average, you will be selling less and less as a percentage of your overall holdings. for example, let us say you currently have (at current prices, that is \~5 btc, give or take) and you want to cash out to buy a . a 20% down payment would be , and the mortgage payment on the remaining ,500, insurance, etc. so, instead of selling everything, you sell just 1.36 of your 5 btc for a total of (depending on your tax jurisdiction, you may or may not have to sell a bit more to cover capital gains), leaving you with 3.64 btc to continue appreciating. at year 2, you sell again to cover the next 12 payments of ,000 total. if btc continued it is historic trend, your 3.64 btc are now worth in the neighborhood of . so you only need to sell 0.18 btc to cover your payments that year, leaving you with 3.46 btc. at year 3, your btc is now worth around , so this time you only need to sell 0.09 btc to cover your mortgage. rinse and repeat each year and, on average, you're going to end up with a paid-off house and well over 2 btc in your wallet. think of this as dca selling. you're slowly taking profits on an appreciating asset. of course, the price of btc could just as easily fall. how big a problem is that? let's say that instead of doubling it is value in year 2, btc tanks 50%. well, it is not that big a big problem, really, because your 3.64 btc would still be worth well over . instead of selling 0.18 btc to cover your mortgage that year, you'd need to sell 0.72 btc, still leaving you with 2.92 btc. in fact, btc would have to lose over 90% of it is value before you'd be unable to cover the next year's mortgage payments - a very unlikely scenario, imo. food for thought.
betting on residential real estate over bitcoin. bold move.
this is one way
congrats for existing the scheme early. wish you all the best with your new home, the real asset that you will hopefully protect by setting up a trust.
this is what it’s all about! congrats!
the beauty of cryptocurrency and wise investment choice
good for you! you don’t seem to be from the us so this probably doesn’t pertain to you. good financial advice would be to take enough to put 20% down. with interest rates so low in the us, selling stock or crypto doesn’t make sense. the interest you’d gain from staying in the markets is more than the interest you pay on a mortgage (especially 15 year mortgages).
think it would be smarter if you, sell your bitcoin, put the minimal down payment that the bank wants for you house, and pay it off monthly . loans are very cheap, an due future inflation your payment is going to be less and less of your salary. then the rest of your money, put it over 24-36 months in an sp500 index. this will double your money every 5-10 years.
i feel you may regret that, but best wishes !
only a fool would buy a house with bitcoin when they could do so by taking out low interest loans denominated in an inflationary currency. have fun staying poor!
boo-yah!! that’s the way. congrats my friend
congratulations 🍾🎊 all the best you work for it 🤍
if ltc and ada go up enough (mostly ltc going above ath) in the next year i'm going to sell out to get a house too if i'm lucky
if ltc and ada go up enough (mostly if ltc can go above ath) in the next year i'm going to sell out to get a house too if i'm lucky
everyone talking about good and bad on a value based judgement. i just want to say remember to set aside some cash for the taxes you probably owe; it would be rough to have a new home at the end of the year and be saddled with a . (i completely speculate at the numbers, but never know since who knows when you got in).
bro shoulda borrowed against your btc 🥲
that’s not how i would have done it, but congratulations. instead, i would have taken a 3% or lower mortgage and put 3% down as a first time home buyer and let my bitcoin sit. if i needed money for monthly payments, sell some off as needed, but let my salary cover that. so for a , i’d put ,000 or so down using the first time home buyer program and pay a low interest mortgage and let my . but i’m not sure if you’re in america so perhaps you couldn’t leverage yourself that way.
good for you man, you used crypto to better your life 👍
smart move. enjoy your new home. ❤️
way to go brother, congratulations on the new house! 💪🏽☄️
should have taken a loan and kept some corn man
it's a fine decision. i do not think it is all that worth it, but you're still way ahead of most of the people trying to explain to you how terrible of a move you made blahblahblah. i really respect the way you you live. fuck debt.
bro buying a house to live in is never a bad decision. good for you brother. hope you can accumulate more btc
it would be better if you just waited 6 more months and buy 3 homes...
hope you paid taxes first
not a bad decision, but not a great one either. the time to sell is coming. remember, remember the 2017's november.
wondering why when interest rates are at historic lows and fiat printing is a government sport
brilliant, buying a house is never a bad move.
damnit! you missed a prime opportunity to make a “it’s no lambo, but…” post! 😂
why sell when you can just delete it?
the banks hate you now haha😂
you’re an absolute god mate.
i'm hoping to one day do this 🙏
damn bro you could’ve used blockfi to take out a loan instead of triggering a taxable event like this. congrats but huge side l for lack more of research as well
pretty bad time to sell now.
please tell me you kept enough for taxes.
yeah, me too. will buy more when things get better though. i only had 0.001 anyway. lol
well that embarrassing 😂😂😂
congrats! i am hoping to fund land purchase and home construction in my country within the next 4-5 years via crypto, stocks and my online businesses.
dca & pray baby!
now take out an interest free heloc of 20% and dca it back into btc
personally, i would've just sold enough put down the down payment. btc will appreciate more than your home value, most likely. but best of luck to you anyway.
thank you for your sacrifice. always a bad decission to sell everything.
is it this time of the cycle already?
how come you did not pay for it in bitcoin?
way to go man. now go get some chickens and a garden...
congratulations, and i mean it. buying a property is a big achievement. i would like to echo some of what others have been saying here that going in debt really isnt that bad, especially at a low interest rate. your downpayment will become cheaper year by year due to inflation. the sum of money you paid in full now essentially is worth more than the same sum of money spread in the future.
this is amazing bro congrats
don’t tell the irs
keep in mind that selling your btc is probably a taxable event. look into bonus depreciation while you still can.
better look into taxes, or else someone in charge might want to take a big bite out of that profit, even if you’ve already spent it.
congrats. i just bought a house as well but i cashed out some to cover to closing costs.
this is why we hodl. you got what you are holding for. congrats bud.
i woudl like to use btc for pay some daily invoices.
congratulations, pay the 'mortgage' to yourself every month in btc. regardless, you will need money for taxes and insurance, which are normally escrowed in your payment, so do not forget that
everyone’s moon in unique. congratulations on being one of the first to land. that’s absolutely amazing.
congratulations on reaching the holy grail of adulthood. most people won’t even see this sacred place before death. (or after, technically.)
that's what your money is for, improving your life. good job.
good for you! enjoy your home
have fun staying sheltered
when your house becomes the biggest regret of your life in 10 years 💀
this is what money is about, accomplish goals. not say that your favorite coin rise 100000%. doesnt matter how much the price went up if you never use it to make your dreams come true. reality happens in real world. congrats dude!
transferred hard money to hard money. dca always wins. well done. congratulations mate
if we ever see .
tax man be lookin for ya...
did you profit the entire house?
are you in the us? apr is like 2.5% right now. i got 2.25% in march
and some ppl have to do honest work, sweat and have pain for a nickel.
congratulations. always good to see people achieve their goals.
sorry wrong move bro, never sell btc just borrow against it. a few percent interest vs 30-40% to a corrupt government...
if you ask me, the american dream does not begin until you own a home outright. this will set you up for the rest of your life.
stupid!!! i would of taken a loan and watched btc go to 110k then pay off loan in 3 months and you'd still have your btc.
baller status, bruh. congrats. owning a home 100% is a milestone.
that's what i'm talking about boss 🪙💰
anyone who thinks he shouldnt have sold are just jealous. this is the ultimate goal for many people, he did it, now its time for him to benefit from his patience
anyone buying a house in this market is going to be kicking themselves hard in 5 years no matter what currency they pay in.
i would have done the same. he found his value right now, and there’s nothing wrong with that.
a few people saying that it’s bad timing with the housing market and btc - you guys are missing the point. the op has achieved their goal. it’s always a great time to start living your best life
loving the dream! many congratulations to you and your family!
some time ago i would have though this is a thing i would do as well. now everything has changed. i will sell in probably 10 or 20 years.
cya at next dip
how did you pay cash? private transaction?
as a community we are all happy for you brah.
when you get settled, maybe refi and put that money back into btc so it can keep growing. you'd pay only like 2 or 3% interest and you'd be able to write off the interest
interest rate are dirt cheap, take out a 30 year fix rate mortgage and invest it. this is not financial advise
congratulations this is what its all about! hodl till it can change your life!
congrats! hope i get to this point one day!
u took the smart way congrats ✌️
dude sold btc at sub 50k to buy a house at the top of the real estate market. i aint mad at you im just thissapointed
forgot the golden rule.
congratulations, you made it!
that and retirement would be the only 2 things that would make me sell. congratz mate
achievement unlocked : moon! congrats.
you may look back to regret this decision. in 10 years time: realistic case scenario: the value of the bitcoins you sold is worth many times the price of the your house. worse case scenario: your wife divorces you and takes the house. you're left with nothing.
how’d you get around on taxes, or are you allowing them to take?
that is frickin' awesome. there's no place like home, especially if you own it. congratulations!!
congrats, cannot wait to get there myself
you did a great thing, the market will go down again, bitcoin will rise in the future but still have dips, you can and have plenty of time to re enter. enjoy being debt free
don’t forget to leave enough aside to pay your taxes!
i mean congrats, but wouldn’t it make more sense to pay it off over time and earn interest on your btc?
well he can easily take his monthly payment that would have been and purchase crypto all just the same. keeping the house security and going at it again. the home will appreciate. not at much probably as bitcoin but have you ever known a home not to go up in value. is it possible that something could happen, regulation etc that affects it. much more possible than the home price not going up. one could leverage the house if they thought they made a bad decision. at least they did not buy a pizza dinner with a couple of bitcoins lol.
you should check out robert kiwasaki. he’s talk about how debt can be valuable to you. i was once the same, i met my student loans scare me away from credit cards and other debt but when used artfully it’s actually a smart move.
this is why we need btc and why we hodl.
how much did you have? how long you been stacking?
why all of it?! why why?!
fuck yea! i keep telling people crypto is the only way for the middle class to make it! congrats my man 👏 👏
what a feeling! ' congrats
damn almost all the money you will be making from now on will be yours ! the paiement of my house are the biggest thing i pay in a year.
nice. fuck the banks.
our time has come.
congrats. i would have been there by now, if it weren't for our irresponsible governments. now no one is willing to give me a loan even if i tell them i want to put 50% down. probably going to have to wait another year at least.
same here. never felt more free
congrats op! you go on and live tour best life
did you pay taxes?
>sold all btc to buy my first home and i am paying 100% cash without a cent loan from banks. congratulations, but in all seriousness how does this work? i tried posting about this a long time ago in .
better than debt...debt is slavery
well done!! avoid the banking cartels slave trap at all costs! ignore these chained fools trying to put you into bondage along side them, you made the right choice and do not ever second guess it.
great move. at some point you have to secure profits made on risky investment and cash-in. real estate is one of the best investment out there.
hell yeah that’s awesome
how are you all getting low 2% interest rates? everywhere i see is closer to 3%.
niice, i'll die before i pay my house :)
perfect! kudos! expansion for all
congratulations on reaching your moon!
congrats man! that’s amazing.
everyone must have a castle! you did the right thing.
congrats mon, enjoy. that house mon. make sure to get ire in there as soon as you get possession. have a wonderful day mon
the whole point is to save in bitcoin to then buy the things you need when you need them. congrats on reaching that milestone of home ownership.
good shit my dude. bless.
trade an asset for another asset is not a bad thing.
i’m planning on doing this around april rng gods be by my side… they say if you want to make god laugh, make plans. i’m happy for you man, i hope i meet the same fate soon :)
congrats. as someone buying a home, i understand not wanting to have to take a loan. the peace of mind is great.
how are you handling your taxes?
living debt free is living stress free! congrats!
that’s the dream bud no point holding until you’re a corpse, nice!
why would you not get a mortgage. i'm literally considering getting a mortgage on my fully paid home to buy the dip
old guy here. how do you dollar cost average bitcoin? can you buy it at brokerage houses like fidelity or vanguard?
congrats on becoming a home owner. that's a worthy use of bitcoin.
livin’ the dream. congrats on the purchase.
owning a house outright is silly imo, better to own 2 houses at 50% and rent one out. inflation and house price increase effectively shrinks the loan over time. rent income would cover interest on the right properties. could be worse, could of bought s lambo :) at least houses are basicaly a deflationary finite resource.
make sure you have $$
i love all the people in here saying he should have gotten a mortgage with a bank because low interest rates despite the entire point of bitcoin is to undermine centralized banking. shows you how many people in here really care about the true purpose of decentralized cryptocurrency. good on you dude, live the debt free life. 👍
badass. what some need to remember is that not everyone subscribes to the idea that bitcoin is the be all. financial independence is different for everyone. owning a home outright is awesome. period. get back in the crypto game when you can’re ready and enjoy the new house, my dude.
when btc inevitably has a correction, pull a loan on your house to buy back in at cheaper price. pay some amount monthly for a small loan payment, have a new house & your btc back. congrats! you won the game!
congrats. might use suggest a cash out refinance and get back in ala rich dad poor dad. who cares if the bank owns it. it becomes their liability and you live on their suppressed rate leverage.
any advice to someonelooking into getting in?
congratulations! that’s really awesome for you. you made a smart decision a while ago, and it got you into a home that you own!
good job bro. i sold my house a 2 months ago, bought more bitcoin.
congrats my guy blessings to you
low interest rates? basically free money at the moment...
everyone has their own moon, i’m glad you found yours! congrats!
want to earn some bitcoin too🐒
congrats. don’t forget the taxes
paying cash when money is basically free and inflation is high is financially really dumb
everybody’s “moon” landing zones are different congrats
congratulations!! to not pay almost double the price in interest repayments, and never having to make a single repayment and the cashflow that will bring you is a lifetime reward.
bro secure your family my friend, btc will be here for you when you accumulate more $
you don’t need to do this. a mortgage at 3 percent interest is one of the best investments you can make. keep that money in crypto and or invest in the stock market and you’ll generally outperform.
awesome dude. that is also my plan. will you have enough for the taxes?
the money is meant to be spent eventually! good choice
did you hold back taxes?
but if you just hodl you coulda had two houses!!! just messing homie, congrats on the house!
all power to you congrats on your new home
make sure you start saving money to pay the taxes on those gains my man
should i buy btc? like seriously is it good long term you guys think?
wow dream result. so you brought bitcoin when it was really low.
congratulations! i am tempted to do something similar but waiting until i get proper residency. for now i just keep hodling and ¥ca.
always better to have cash on hand my friend. with rates super low you could have left some invested in btc or invested in something else and made a better roi.
people still buy houses?
don’t forget to pay the irs if you live in the usa.
i'm waiting till i can afford to do this, but will probably keep half and put half on mortgage.
post in march of next year when you get the tax bill...
that’s pretty f’n amazing. congratulations. take some comfort and humility knowing that you achieved something that many people struggle to ever do.
way to go man!!!!!! took some profits too
a house is an asset like btc. congratulations
home equity loan…right back into btc.
i own my home, 2 trucks and an rv.
why not use your coins as collateral?
economic theory suggests buying the home with a loan and continuing to hold your crypto was a better move.
i hope i will do the same! congrats
i did this last year. feels so good to buy a home without banks involved 😀
pob — proof of bitcoin
how much you had? congratulations
make sure you save enough for taxes ...
congrats dude, for all the holding these forums espouse money is there to enable. super stoked you were able to do something you wanted with it!
this has been my dream which will come true in 2024 cycle
i mean, you might be better off getting a mortgage and using the opportunity cost of the funds you have because you just have to beat your interests costs for it to be worth holding on to your cash
congratulations. that’s what this sub is all about. cold hard, usd cash.
so happy to read this post! thank you for sharing. what you did is a dream for many of us :)
why do you upvote one that sold btcs? i would upvote only if the seller accepted and kept btcs.
thank you for buying a home without taking out a loan, you're subsidizing the rest of us who took out a loan to buy a home. you're so kind.
duuuuude, fiat debt is a non issue. you should have just paid a 30-40% downpayment on a bank loan. while your btc appreciates, the fiat loan depreciates. you can still mortgage your house and buy some btc.
just did the opposite. just sold it all to buy bitcoin ! living with my mum waiting for the bib pump 🔥
okay but ummm okay. maybe should have waited 6 months but ay yo ya do you
never sell your btc , always loan against it , that is more tax effective now you are up for capital gains tax on the btc you sold. but congrats anyways well done.
should sell the house and buyback because weekly macd just crossed over to the positive, wyd small brain
teach me how to invest i have 6k in the bank and don’t know what to do with it
man i wish i was 5 years older, i would've had a few bitcoin when it was cheap af.
you didn’t even keep some skin in the game bro!?
btc can make dreams come true, congratulations!!!
congrats, a lot of people in this thread will say bad choice, but they would also trade it for a lambo if they could (worse choice)
of course it may not work for everyone but, put it up as collateral take a loan against it with a very low %.
how much did you buy it all for?
is it even legal to pay in cash such amounts?
mad comments but this is really my lt goal for this whole scheme. congratulations!!
lol dude if all you have is cash to pay for the house just throw in the down payment. reinvest and have the interest pay for your mortgage… after its all paid off you still have that cash… no one pays cash not even million or billionaires.
well done and it’s always great to have a target and get out plan. i admire your achievement. when you make such gains it’s hard to stay true to you end game. bravo!
congratulations! :) kinda wanna know when did you buy your btc? :)
nothing wrong with exchanging a volatile asset for a stable asset you can live in... but why pay 100% cash when you can get debt at 30 year fixed rates lower than inflation? grats on the house though! you won, enjoy it :)
can i ask more details like price and area of house
congratulations on your home. having it paid off is huge. no wrong choice there. awesome for you.
you sold electronic ones and zeros to buy real value. only thing to do is to gratulate!
congrats op! to all those saying it is not a good decision you are an ass. people's financial decisions are based on their own circumstances and life events.
keeping some to pay capital gains taxes too, right?
kinda dumb when debt is literally historic lows. but grats.
good for you man.
hoping to do this very soon for my 2nd house :) so close!
that is great 👍
i did the same about 4 months ago! congratulations! enjoy!
congrats on your bithouse! who cares if price will continue to rise if you already got a house!
awesome dude congratulations. it is important for people to take gains when they can. everyone's situation in life is different and their needs are different. i use crypto to finance my farm and life.
the better news is you would not get trolled by scammers since you do not got btc anymore
nice, i made . i’m somewhat of an investor myself you know.
bruh… interest rates are at their lowest in like… ever. why the fuck would you not pick up a 30 year fixed rate mortgage... it’s basically free money. the usd will lose value over those 30 years and you can invest the money you don’t put in the downpayment into other things. horrible decision unless you don’t qualify for a loan at all.
my father lost equivalent of 40 thousand dollars in bitcoin because fbi closed the btc-e thing. after that family of 3 persons and 3 animals stayed in flat with one room. dad was about to buy a new house. dad got in big troubles and debts after all of that continues to the current day. god bless america from ukraine.
fuck yea. buying a house without a bank loan. this is the way.
this is what hodling is for
you won’t regret it, even if btc hits a new ath…
how did you get around not paying taxes?
good for you. congrats my friend!
don’t know you but excited and proud!
wait; so, skirting bigbanks w(bravo) but then; failing to utilize the bene’s that *those same banks* offer by paying for a **large purchase** in cash!!
congratulations!...i did this, but took a little different approach. i sold a small portion of my crypto to buy a half a condo, and took a crypto collateralized loan on the other half. i did this in early summer when i was stressing on the downward pressure on the market. i figured, worse case scenario i get my collateral liquidated to pay the loan, and i'm left with a paid off condo. the risk with this approach off course is losing my bag, but the risk is pretty low because i can inject more collateral if need be, and at present the loan is very safely collateralized.
now hodl your house!
i sold a ton of mine, to go all in on the gamestop squeeze 😏
good for you young savage
congrats on your new home and thank you for not being another one of those guys thinking they are funny with a clickbait title and shitpost "just sold all my fiat hehhehhe"
fantastic! you have just done, or will do, one thing of three that wealthy americans do for retirement. 1) home paid for 2) ,000. in the bank 3) i cannot remember, dang it! sorry
congrats! i wish to achieve this one day :)
stupid, i’d rather keep the btc
congrats. i hope you set some aside to pay for taxes next year. irs is reportedly getting aggressive on taxing crypto gains. if you do not live in the us, i hope your country's taxman is less anal.
that's great buddy, finally you made your dream, congratulations
congrats, so for what next you are onto from crypto
very well played. nothing beats a roof over your head but now get back in the pool with the rest of us lol.
i sold all my homes for my first bitcoin.
so happy for you!! enjoy your new home!!
not the smartest move, since you'll still have hoa, property taxes, maintenance costs, and you can lose your home at any time due to eminent domain rights of the government. you own the house, only the house still owns you. you've just cut the bank, the middleman, out of the deal. you should have borrowed against your asset, kept control of the btc, and used non-taxable funds to make a large downpayment, taken a bank loan for the difference, then, when the btc goes up over the next 6 months, rolled your debt, and paid the rest off in a new loan, thus building credit with the bank, so you'd have the bitcoin and the house paid for, plus excellent credit, while depriving the bank of any real interest on the loan. the way bitcoin will move in the months to come, you'd have almost all of your bitcoin back in less than a year, with negligible interest payments, against btc's 250+% annual returns selling the best asset for a lesser asset is not great advice. nothing to pound your chest about. like trading two aces for two jacks. the moral of the story is never sell your bitcoin. whatever you want to sell it for is a lesser, inferior asset, or liability, in a house's case. the real crime here is thinking a house is an asset. it is a liability. just ask robert kiyosaki. anything that takes money out of your pocket, over time, and does not make you money, is a liability. unless you are renting out space in your home, it will always be a liability. you just traded the world's greatest asset for a liability. just a liability you may or may not have to make monthly payments on, depending upon how your hoa and tax liabilities are set up. monthly, annually, does not make a difference, really...
i pay my house with my btc earn 40% interest in defi lol.
well done. you should be proud of yourself. 🍻
paying cash for your first home is impressive. congratulations! i've always had a mortgage, still do.
🛒 buy apple itunes gift cards with crypto ₿ ⚡️ instant delivery!
proof would make this post a lot better
mortgage free home ownership is true freedom. 👍
that these messages will always say it all? never sell all your bitcoin
excellent choice. any time you can remove, it is a good idea.
grats, you sold the bottom
that's awesome congrats man.
bunch of people saying "take out a loan against this dodgy crypto site and get a mortgage" nah you did good.
mortgage it quick and get back in. then you have a house and a potential upside. of course you could lose it all but nothing ventured nothing gained!
could have used bank to fund 90% of the property and kept the btc
ok thats the dream, but i'll be the first one to say that you're a bitch for selling early... its going way higher by next year, you could have bought 2 houses instead
save some for taxes
wow, excellent thread here...i wondered how crypto loans worked.
good for you bro! celebrate your wise decision!
once you have done this, refinance and buy as many houses as you can with the refinance, then rent them out and hold the property forever! make sure you end up with positive cashflow and your on course to be a mutlimillionaire if you do it right. watch this video (this is not a plug) this still makes money [
people who say “money won’t make you happy” must not have had the stress of living paycheck to paycheck. i’m not greedy at all but i can guarantee you that if i had more money to be more financially stable i know for 100% certain that i’d be happier knowing my family wouldn’t feel the stress of worrying how we will live. if someone is super comfortable, feel free to send me some bitcoin or money or just pay my house off. i’d be more than happy to help with your taxes.
this is my goal. highly impossible but hey, you gotta have goals!
bitcoin winter is around the corner so might as well get something out of it.
well... now you can mortgage your house to buy bitcoins!
those capital gains tax tho
awesome. zero debt!! way to go! stay this way! if you don’t have the cash, you don’t need it. too many people start out so over their means. you are very smart. congratulations you’re a great example. god bless!✝️
seasoned money usually means 60 days. so if your friend cashes out and keeps in bank for two months … it’s all good. the banks are making sure no one is laundering money or robbing from peter to paul pail wiry big kiting checks!!
super dope glad you debt free there
how long have you been investing until you decided to make this decision? ' & congratsz!(:
take profit never wrong. congrats man
way to go!!! bitcoin has given you an asset, a d lowered your monthly expenses drastically!!! anyone who says your not smart, is lacking a understanding of cash flow and risk. may this be the beginning of you buying many assets thanks to the true store of value, bitcoin!!
let's gooooooooo! congrats brother. god willing i'll be doing the same in the near future.
this is not smart at all, why would you sell and faster appreciating asset for a slower appreciating one when in the next 5 months you could basically sell then and buy 3 houses !
to be fair this is the ultimate goal of crypto, go for profit, invest your profit, get more profit, invest them and then buy something you really need to make more profit to invest more
here where i live we have taxes on crypto profitt, just as stocks. but i didnt even have to sold parts of my portfolio to qualify for loan. as long as i had enough btc in the value that i needed to get credit for the apartment, it was enough that i used a wallet(prefferable coinbase) and not a forex market. so am thinking about doing the safe thing and swap 75% of it into dai or usdc, so i can get a safe yield as well. i want to invest in tezos, but idk if my counseler is ok with that.
you will have regrets. but you also have a house. that's awesome dude.
probably going to have to sell it to pay the taxes on it.
if your loan is 3% and your crypto 5% for exemple... it,s better to keep your crypto and take a loan...
good for you that is awsome
mine bitcoin - if you did a down payment you could have made payments over five years or less, and raised your credit score - or bought it with gold and never have to pay taxes on it, so my uncle tells me, cannot vouge for this gold story from my uncle -
smart decision at least the house wont lose its value when elon musk tweet
i choose to remain "debt free" by simply renting a condo so i can stay in the market at least next 5-10 years before taking any profit. roi on buying a house is crap compared to high risk roi. home ownership is overrated and annoying with all the shit you have to fix even on brand new properties (been there, done that). hoas are the worst! run the other direction if a realtor mentions that you need to pay hoa dues. the fees are one thing, but the board meetings are hell on earth. the people on hoa boards are the most horrible demonstrus people you'll ever meet in your life as dealing with anyone in context of "their property" is just absolute hell. the only way i'd buy a house in the future is to knock down some tear-me-downs (yes even ones that were just "remodeled" by some idiot house flippers) to build a custom dream home.
i think you are going to get raped with taxes. you should have considered a celcius loan...
i rather would like to ear that someone payed a house directly with x sats.
so this is the man who caused the dip
what's up guys, what cool projects would you recommend?
i'd do the same if i had that many bitcoins. congratulations.
so you waited for btc to drop from its highs of 60k to now when it’s at 45k to do this - interesting investment approach
congratulations. i hope you will make good memories in your new home. i hope to be able to accomplish the same thing with my crypto investments in the future
that's one of my dreams ngl. congrats op.
good old house hands 🏠👋
the definition of “going to the moon”. 🌙 congrats my friend
love this post. crypto (not stocks, bonds or commodities which require larger capital investments over longer period of time) is a technological innovation that provide the youth and underprivileged of the world a chance to obtain freedom, money and wealth.
good job man wish you a happy and nice life 💪
hey we all do whatever we need to do, especially when we want a house, freedom from debt or to pay hefty medical bills. i spent 4 years in hell paying off my bankruptcy from healthcare coats from a terrible car accident. if i had had bitcoin back then i would've much rather gotten free from it all by just using my btc instead. bankruptcy sucks big time. if btc allows you to get a house - go for it! then refinance and pull money out and buy more bitcoin!
good on you mate! that’s my goal as well
hodlcoin.com core wallet, deposit it in the core wallet for seventy three days and double it!
bad ass great job!!!!
congrats i hope to do the same one day!
damn how much did you have
what a shit decision
what will your capital gains tax be on that???
you're gonna have a lot of salty people putting you down for not getting a mortgage. 't listen to them. you did something important. you are a home owner, not a home borrower. you are debt free. some people are incapable of comprehending that concept. you did a good thing, and should celebrate.
you should had wait! will go up to 80k in the coming weeks. hope not, to buy more cheap btc...
great move and congratulations!!
lmao i just sold too dca at 39k sold at 48k, waiting for support at 47k to buy back in for a better deal.
paper handed. but congrats anyhow
should've leveraged the house buying with a good down payment and take a cheap interest mortgage. inflation will make bitcoin worth more and the dollars you borrow less. but congratulations on your new home!
to everyone saying he made a bad decision. i have a friend about to do the same thing. he does not qualify for a mortgage cause income is not high enough and credit is 650’s due to life event a few years ago beyond his control. he looked into cashing out part of it to put a large enough down payment to qualify for the mortgage but it seems mortgage company will not touch that money without huge fuss. money needs to be seasoned. told he needs to prove from beginning to end where the money came from, from initial deposit, all transactions, to making it back to his bank account, and no guarantees. could take out a loan against his crypto, but who do you trust with that? if someone more in the know could give me some advice or other options to give him he’d love it!
well done cobber proud of you 👏
blessings and congratulations. don't listen to any shit comments here. this was your goal. you were just more clear about it compared to the 99%
unlock your vault and get those moons lol 1k comments and 3.7k upvotes is probably worth some money lol
you sold too early bro
lol best choice should've chose to sell it at
should’ve taken out a loan on celsius. 1% apy and they pay you 6% apy on your collateral. the 1% is also tax deductible
i'm no expert but given that interest rates are extremely low right now it is not the worst idea to have a mortgage. but completely understand the want to have complete ownership. peace of mind is priceless. ' enjoy your home.
bro. interest rates are as low as they can possibly go. why would you buy the whole house with bitcoin. down payment i understand but not the whole house man.
why? this is going to be such a sad tale in a very short while.
when btc spiked to ,100 back in the day, i cashed out and paid off my student loans. do i regret it? not really. i made the best decision with the information i had at the time, and i set the rest of my life up for success. do i dream about how i could have been a multi-millionaire? maybe, but that’s just a fun what-if, not something to beat myself up over.
idc what people say this was an excellent decision.
this is the dream! mortgage free
these posts hurt to read, why waste all the capital? i would get a partial loan to save as much btc as possible. also when you can use your crypto as an assets for loans and get 1% interest is much better then cashing out. obviously mortgages are not yet supported and having 4x in assets for a home is not happening for 99% of people. but it can change. wait another year and you would only have to selff 1 but that is the greed in me, congrats on the new home
i can only second this. you've got a debt free roof over your head, which can reduce stress and worries to a large extend. also this means that you'll not be spending money on rent, which you could potentially invest in whatever you like. crypto... or even house improvements like solar panels to reduce your energy costs... but the house is safe, no matter what happens in the financial sector. congratulations!!
this right here deserves to be top comment. 🏆
congrats and good luck! i'm hodling to ganymede!
don’t, a house in any 1st world country is usually a solid investment. a house protects you against inflation similar to how bitcoin does.
lol do it, live in a tent man who needs a house anyway!
lmao no owning a house is a ridiculously good investment wmthays hard to access these days
if you have where to live free for 2 - 3 years, it will be a hell of invesment
i know this is a btc sub but i wouldn't but btc with that money
take out a heloc and buy bitcoin - then borrow against that bitcoin to buy more bitcoin, slowly roll back your borrow and skim the difference, sell whatever your loan balance is, minus the interest, keep the accumulation. repeat during other bull cycles
sell your house in a crypto bear market
this is about the dumbest shit i've read. i'm guessing it is a joke?
dumbest idea i've seen so far today, and seeing that the time is 23:46 i'm pretty sure you're todays winner.
i should have. i was thinking of selling my home and buying 20 btc back in 2019. i fucked up.
a property without a mortgage is nothing but opportunity costs flowing down the drain.
i agree with this and hope if you saved about 35% of the profits for taxes if you live in the usa. but congratz!!! i'm also looking to cash out a portion for the house.
i never got loan except for the university, i never want to get any loan from bank. i want to live simple life, i buy things when i have money to pay off fully right away.
yea that is just werid weird to me. i could also pay in full my house but i like the200%.8 % rate on my mortgage
some people are ideologically opposed to participation in usury. i kinda am, no credit cards for that reason. financial instruments that obfuscate otherwise simple exchanges can be socially (and some might argue spiritually) corrosive. adhering to those morals can be more important than the potential monetary savings.
no interest is better than low interest
that’s why financial education is important. you can make a lot more with that money in the market, while you borrow with a low-interest rate loan. leverage that money!
you should be taking a loan out. with that much bitcoin the interest you earn off of it will be enough to cover the mortgage or most of it. you gonna incur a huge tax bill for what? you’re doing it wrong.
and he even paid tax on btc sale. well cannot change a stubborn mind.
exactly this. with interest rates this low not taking a loan is foolish. i'm tempted to buy property on credit just to take advantage of the interest rates.
hmm, pay less now or pay more later ... hmmm
i read ops response and i get his mentality. but i agree with you. assuming you're in the us and you have an excellent credit rating, there is a great chance you can end up with a rate under 2%. i'd have paid for half the house or some other fraction, taken out the loan on the other portion and kept the rest of my btc. but that is me. technically, op can dca what they might have spent on a monthly mortgage into btc.
2008 & 2018 answers that question. 2008 credit bubble = massive recession, job losses, lack of security, cash is king 2018 crypto bubble = massive crash in prices, btc dropped over 80%, many alts dropped 90%+ or simply died. cashing out, buying a home and being debt free in that home is probably the best reason to sell crypto. rent 's lives. eliminating it is a huge mental relief. it's also probably the one thing you would not regret selling crypto for. a house is a decent investment and the way i'd see it is that it is a weight off shoulders (being mortgage free) plus it diversifies your portfolio - property is a decent non-crypto investment and everyone needs & will always need a home.
i agree, but at least it may be safe to assume op is now in a far better position than most people their age, so op making a mistake still >> average person who is doing “everything right” other than not investing in btc.
wouldn't paying in cash be better since you can just borrow against the equity of your house and buy more btc?
conventional loans do not allow crypto currency to be used as a down payment in the united states. so unless he has the down payment in non crypto he would be turned down for conventional financing. you could likely find a smaller lender that would allow it, but your rate would be much, much higher.
isn't the whole point of bitcoin to be free of banks? lmao
maybe he is muslim.
can you explain how this is better? no matter how low an interest rate is, having no interest accrue at all is surely better?
because thats how real gs do it. respect to op.
low-interest still means there is interest. why would he do that when he could just buy up front?
yeah this guys gonna have to take out a mortgage just to pay taxes on the btc. you fucked up op, you’re gonna be paying the highest tax bracket on a lot of that bitcoin. what a silly thing to do, especially with interest rates being sub 2% on a mortgage.
it’s a horrible financial decision lol
sometimes life forces your hand. op seems to have done well enough, and it clearly a bitcoiner going forward. seems all good to me.
and yet, op now has a paid-off house. a lot of people in this thread with the glass half empty take.
nobody knows what the future holds. if someone did, they would be able to leverage that knowledge and become a trillionaire.
yeah, it’s not what i’d do, however op hasn’t revealed circumstances, and so they will have their reason. property purchase is the only reason to sell bitcoin, i’d look to use btc as collateral for a fiat lone if i need fiat to buy a property, try to protect the asset that is 60% up on last month
agreed. maybe they are not in the us?
and if you fail to pay your property taxes?
i guess it depends if they could afford the mortgage without bitcoin. bitcoin is pretty unstable and new, it could just tank and then they would be stuck with their mortgage.
you don’t leverage the loan on a risky position that would be dumb, but taking the loaned cash and lending it back out in over-collateralized crypto market for passive income would be smart.
you’re filled with good takes
for real... never pay 100% in cash if the interest rate is less than 7 to 8% you do not even need crypto at that point you're way better off with a low risk etf, it will make more money than you're paying in interest. coulda sold the btc and bought etf if he wanted to be safe, put down your whatever % down payment and hodl the rest as boomer etfs. don't buy a house in full guys, think of all that money you cannot invest now lol. grats on the house tho, hard to be too mad i suppose. till btc hits 500k lol, i'd be well pissed.
how is it "longing the dollar" when they, in essence, traded btc for real estate? not an optimal move from a raw $.
i will never understand the mentality of not using the banks money at 1%
if you take out a loan you don’t have to pay taxes on it never sell never spend your own money never pay taxes
yes some people are weird. if you have no debt paying for 40 years you can spend this money on better things or you could live very well with a part-time-job, maybe even start a new career from scratch that you always wanted but did not do because the income would not be stable enough. quality of life is sometimes far greater than expected returns. op did very good on that front anyways.
> cannot you stake your crypto and borrow against it then make repayments to that? i hear this get thrown around a lot, but has anyone actually tried it?
that’s exactly what my plan is. i intend to buy a house in my home country (to move back there) and intend to borrow against my crypto. also, my home country doesn’t tax capital, gains either, so there’s that for the future too.
how does the bank own his house if its payed off?
it is his choice
real estate typically appreciates in value
no, because we do not have a usd\btc amount.
really doesn’t. with how low interest rates are right now, you’re much better off putting 20% down and investing the rest of your money instead of paying off your house at all once.
i think the reason is people in the sub care more about fiat and getting rich then bitcoin. more than anything this is someone who bought something for fiat and sold it for more fiat to buy a house.
i feel the same way about your comment though. why do people comment about how much they care on any post? i really do not get it. why would i or anyone else care about how much you care?
because not all the people are asshole or selfish as you, who only think for themselfs, some people actually want good things for others as well, i know this will be a shock to you, but it is true.
sometimes you cannot put a price tag on peace of mind. dude has his a roof over his head for life now. my pricetag is a bit higher, but i still congratulate him.
guessing you weren't alive to experience 2008.
yes because those crooks lend you money at 2.3% for 30 years.
that's sounds like something plebs might say to make themselves happy with wage slavery. debt is wealth. debt is future money, today.
there is a lot to be said about this. it's peace of mind but all that capital is also locked into your home that you cannot really deploy no matter how much the home appreciates. plus the payoff was only 3 percent "profit" vs any other investment that would pay more... provided you have the thiscipline to actually invest all of the money you would have used to pay the house off.
thought about paying off my house with gains. then realized i have a sub 3% mortgage. didn’t think about it again.
what’s the name of this sub? ;) perhaps best dca like op. just like you would normally save fiat in your bank account. now use that fiat or a part thereof to buy bitcoin on a monthly basis.
cant tell if sarcasm or real.
nah lol i grew up broke then moved in with rich grandparents because my dad died from alcoholism . the money deff didn’t do shit and i still wanted to kill myself everyday and yup we live in a trailer park the definition of pay check to paycheck . money doesn’t mean anything , what you really value is stability that money gives you. call it what it is, stability exists in nature money isn’t required .
another prophet with 3 months on reddit
look at it this way: if you buy a ,000 house at 2.75% with an fha and pmi, over 30 years that house costs you almost ,000. even at a 15 year, you're still paying code to . if you buy that same house in cash...it costs you ,000.
i just sold some btc for a down payment on a condo. the lender had no issue with it. i just had to show statements showing i sold. statements showing the transfer of fiat into my bank account. all they care is that they money is mine, meaning i did not barrow it and that the money is clean.
celsius is definitely the way to go when it comes to loans. especially if you live on cali. right now they are giving out 0% interest loans at .25 ltv
regarding loan with crypto - i know a guy that actually just bought a house using celsius as a lender. he put his crypto in there and got a cash loan and bought a house cash. he's paying interest only right now and he bought a bunch of cel tokens back when it was .00 ... he's really set now.
you can trust celsius to give you a loan against your crypto. i've done it a few times.
money needing to be seasoned usually just means it needs to be in his account for over 2 months so two-months’-worth of statements would show the funds being there, and then they are easily explained as savings. ymmmv so please consult with an actual lender.
put it into lending and rent. build credit and build a downpayment. soon he will have income and a downpayment. find another bank. mortgage rates are crazy low.
he can buy the home with the proceeds from selling his crypto, then later down the road, refinance the house (mortgage loans are always the cheapest), and use the money to get back into the crypto action!
i believe there was a recent change with fanniemae, past month or few, where you can use crypto as long as it was converted to cash prior. i realize that is 'waiting' but that is not so bad. buying a house should be a big decision, nothing wrong with thinking it over and taking time to prepare. purchase transactions (with fannie) take two months of bank statements so they would want to see a full 60 days transaction history. you'd have to have sold it into usd at least two months ago. additionally, purchase transactions may require the sourcing of large deposits, or anything during that period that was larger than a certain percentage of your monthly income. which, depending on the lender, may have additional requirements. i'm sure you can find someone who accepts the evidence of a cash out into the account from wherever your buddy holds as the documentation of the origination of those funds and not require years more docs. refinance only requires 30 days and generally would not require the sourcing of large deposits. i just took another look at the guide to be sure but as far as i can tell fannie now allows for sold crypto assets to be used in the mortgage transaction. any lender that is asking for more is likely doing so for company guidelines and you can always shop around before you decide who to work with. too many credit inquiries can impact your credit score, temporarily, but any boost your buddy can get is going to help. btw, this is not credit advice, or advice of any kind, but you should have your buddy call the lenders that the derogatory credit marks are with and try to settle the debt. usually, they will be happy to get something. make sure that your buddy gets, in writing, however that they will delete the account in exchange for whatever payment they agree upon. collection agencies are notorious for not doing what they say and if you just pay without proof they agree to delete it you can just end up hosed. they should report the account as deleted within a month or two so this works well with the vesting for the crypto finds too. cheers, i hope at least some of that was helpful.
it’s none of their business where that money came from
bitcoin is a great investment but real estate is king. anyone who tells you otherwise needs to take a look a wide look at history as well as the corporate land grabs currently happening around the usa.
u gotta find a bank willing to deal. but yeah, money's gotta season for a bit. wells fargo likes to play ball.
unchained capital is another option other than celsius.
where are you from? i ask because i know that many banks do not care about "seasoning" lol...
have you looked into aave? solid lending platform. legit af
second largest mortgage lender in us approved buying with bitcoin now, 20% down with btc? hold the rest for the bull run…. profit
season it 30 days and you’re fine
he can always get a cash out home equity loan and buy back some btc once his numbers, namely credit score and debt to income ratio improve. i'd highly recommend he do that especially in the likely inflationary environment we are about to experience. don't let anyone tell you otherwise, there is such a thing as good debt.
if he can wait until meld are fully up and running he can collateralise his crytpo for fiat and take out a genius loan with them, which will pay itself back through staking and transaction fees from liquidity pools - then he can have all his crypto back at the end. they estimate a 100k loan would take 3-6 years to pay itself back.
he should ask someone for a gift letter for the money and then transfer the crypto. to that person. obviously you'll. have to find someone willing to buy crypto but it is common.
i am a banker. seasoning is only 60 days. you can circumnavigate seasoning by documenting the acquisition of the crypto. cashing it all out will leave the buyer a substantial capital gains hit...it will be a whopper...also running a mortgage is a tax deduction. servicing a mortgage will most likley be their biggest deduction. its ok to strategize but make sure you have sound advice and practice. you are leaving money on the table not to mention the liquidation of an asset that has an upside in the future. with rates in the 2s, im not sure long term this was the most sound move. glad i did not make it.
if my crypto balance ever becomes enough to pay off my mortgage… i’m cashing out and will do the same thing… dca back in. i won’t pass up on that changing opportunity.
people say it’s a bad idea because people value the potential gain in fiat over everything regardless of what they actually do and think. trading btc for a house will always be the same as trading cash for a house. there’s zero reason to hold forever if you have what you need just as holding cash forever is a bad idea because it will eventually have less purchasing power. btc future purchasing power is unknown and there’s no reason not to buy a home if you have a way to do it.
he just needs a loan officer who understands how crypto works. we allow crypto because we can source the funds and it’s already been seasoned if it’s been sitting in a wallet for 60 days+
so, in summary, you are saying the bank would not accept the cash from this man's investment over holding btc for years, but this same bank a little over 10 years ago would have given this same man a loan without him even showing any proof of income? \- banks logic checks out just fine...
why would anyone say it is a bad decision? a home is about as stable an asset as any.
if you cannot get a loan, that is one thing, but all things being equal, paying cash for a major purchase is basically throwing money out the window at current interest rates.
if you friend uses celsius, he has to meet the margin call if the value of the asset dips or else he’ll loae his crypto.
genuinely asking, how? is that referring to the buying of the house or the selling btc? neither make sense to me though. if he wants to own the home outright one day would it not be cheaper to do it at once if you’re able to because you’re not paying the bank interest? and as far as selling the btc... isn’t every investment for the purpose of making money and bettering yourself? if i could sell everything in my portfolio and buy a whole fucking house i would be stoked. instead i could possibly pay for about 5-6 months rent. i feel like im missing something in regards to how this is in any way a bad move.
those are his assets, my advice is do not listen to others... edit: not saying do not look for loans that take crypto as coletaral. just ignore those who simply opine in 'for or against'...
ledn is legit too
profit is profit, this guy had targets as should every trader. all the perma hodlers do not know how to exit cuz they are too greedy or they are addicted to crypto. they just keep fantasizing and getting off on their paper gains
i’ll finance mortgages in btc….
you got a friend with 650... sounds like he made some “bad decisions” too.
collateralized loan from celsius, 100% if it’s available in his region
this advice is assuming you're in the states. if not then thisregard. i also recommend using his crypto as collateral for 2 main reasons. yes, he will have to pay 4-5% on the loan but he will pay no capital gains tax and when he pays off the loan he will get 100% of his crypto assets back. people have mentioned celsius but i also recommend the usual suspects of blockfi and salt lending to research as well. if he just sells it for usd, he is going to lose 40% in taxes right off the top which does not count any state taxes he may be liable for. there will also be a capital gains tax as well. the government is going to tax whatever they can through any legacy systems still available to them. when you sell crypto and transfer it back to your bank account in usd, that is a legacy system and they are going to tax you to death on it, especially if it is a large sum. i'll probably never sell my crypto when i can just continually use it as collateral never paying a cent in taxes.
nexo is a solid option
now's the time to buy.
just do a fha loan. 3.5% down with 580 credit. selling bitcoin to buy a house is a huge mistake. you'll have to pay taxes on the sale. then maintenance and property taxes on the home. then the money trapped in the walls of your home compounds at 0%. the only thing that helps home values is leverage. and with income stagnating (and soon falling due to automation) and home prices likely falling in real terms due to skyrocketing interest rates (due to dollar collapse) you'll get killed selling bitcoin ahead of its meteoric rise to buy a depreciating asset like a home. you can only live in a home. bitcoin gives you life. the message is hope and the promise is eternal freedom.
most underwriters, if that is what you mean about seasoned money. to me, that is not a big ask. if you have the cash to put down a down payment, wait 2 months after the withdraw settles and do not worry about the history component.
i’m a mortgage lender and it’s normal for any sum of money that’s going to be used to purchase real estate to have to be seasoned (sitting in the account) long enough so that the last two months of bank statements don’t show the large deposit. but he should be able to provide his brokerage account statements (2 months worth) showing he was the owner of that account and he simply liquidated his bitcoin holdings, and transferred it into his checking account. he’ll just need to show a paper trail of the movement of those funds by getting the account transaction activity statements. good for him on getting into bitcoin early enough to help him purchase a home!
only have to prove where the money came from if your doing fha loan
unchained capital is great quick east loans at 2.5x collateral fair interest great customer service
crazy banks. in canada they do not give a damn about where the money comes from because that is between me and revenue canada. it's not really any business of the bank's anyway.
my mortgage broker suggested giving crypto to my family, having them cash it out, then gifting me the money. granted, the limit on gifts is like ,000 but it is worth thinking about.
u cant live in a bitcoin
"a life event beyond his control": he racked up bills then did not pay them, 650 credit score
i would suggest buying a car wash.
have him ask his loan agent how long it needs to be seasoned, where i'm from it is 90 days. it means he just needs 3 statements showing that that money is indeed in his bank and has not been moved around
they're just hassling him.
and imagine hearing that with credit of 650 you do not qualify for a loan at all...
aave, this is exactly what defi is for! no gatekeeping, no permission, fully trustless autonomous code :)
i literally just went through this. put a down payment from crypto. first bank freaked out. large banks are pretty terrible at this stuff,.and even if everything is done right they still might tank the loan. shopped around some other wholesale lenders instead. their rules from seasoning were basically non existent. it was not even an issue. they just have to hold on to the loan on their books for a few months longer. dm me and i can put you in touch with our broker.
“seasoned” should only be 4-8 weeks, i believe. sell the btc now, put it in savings, and in 1-2 months it will be seasoned. it might take more than that to find the house you’d like anyway.
i just bought my house and sold some of my btc to help out with the down payment. my lender wouldn't allow me to use it as they cannot "verify" where the funds came from (they were worried it might be some loan or something). thankfully, i had enough cash to not need it for the down payment and use it on sprucing up the house, but it is annoying that i could not use it had i needed to.
he should leave the money in the bank for about 6 months and then go back. just say he saved it. when money shows up out of nowhere they are skeptical. that way he came show statements for about 3 months of him carrying that balance. soon these mortgage companies will accept crypto directly
use celsius for a loan on crypto. great rates depending on the amount of leverage and don’t have to sell your crypto or pay the taxes on the gains like you do when you sell
hi. tell your friend to look into naca . com
celsius.network for loans secured against crypto
im sorry but its a stupid move… no one pays cash for a house not even million or billionaires … you make that money work for that house…. all that cash gone lmao
should talk to a different lender, you would be surprised at how much their rules and outlooks differ. the first lender i went with spent 3 months asking me for every document imaginable just to not approve me. second lender approved me in 1 week without any hoops to jump through.
you can use blockfi to get a loan against bitcoin.
i can attest to this. i bought a second home about 8 months ago and didn’t even thisclose the fact that i held crypto. banks are funny about cryptos so i didn’t even bother
seasoned money is money that sat for 3 months untouched. all he has to do is say it was from his mom. if this is not good there are plenty of brokers out there that will!
i’ve never had a mortgage company question where my cash came from for a down payment. what country are you in?
more or less, i had to get a notarized affidavit from my grandmother to explain the large sum of cash before they would even consider touching it.
banks make lending for real estate far more difficult than it need to be. yet, you can finance a depreciating asset, like a car, quite easily. and many cars are nearly 1.
i’m an lo and our credit minimum is 620s. we’ve closed 2 loans with crypto this year. reach out!
i won it in vegas.
pay cash, it is fine screw what all the other people say... but 650 is not that far off from good credit and a good mortgage
eh, at 2.5% i'd much rather borrow. i could have paid for my house in cash but with such low interest i put 20% down to avoid pmi. i have the rest of the money working for me gaining on average 12% a year, often more. if interest rates were 5% or more i might be making a different decision.
he or she got a property out of it. it's not like they bought a boat.
peace of mind and lack of stress is worth more then money alone!
unless it’s in florida keys or other low lying coastal areas that will be inundated by 2050!
means reserving a portion of your budget to buy bitcoin, always same amount and not chickening out if its expensive (could drop) or cheap (could drop even more). that is the best strategy because mathematical and emotional reasons, but is too boring we rather be in debt and do mathematical and emotional shit
dollar-cost-averaging. purchasing a small amount in increments to create an average in your position. sats are satoshis. it’s a smaller unit measurement of bitcoin. 1 sat = 0.00000001 bitcoins
dca = dollar cost average. it's when you scale into your position instead of buying the entire amount you want in a single order. it helps to reduce volatility. sats is slang for "satoshis", which is a simpler way to count bitcoin that does not involve decimals
if you have ,000 to invest you can either purchase bitcoin at a price of 50k and hope it goes up, or you can dca (dollar cost average) and purchase . typically with an investment that has its highs and lows but generally trends upward (like bitcoin) dca is the smartest strategy cause you dont have to worry about 'timing'. like others said, sats is short for "satoshis" which is the unofficial term for the smallest unit of bitcoin (1,000,000). if bitcoin \~= dollars then satoshis \~= cents. "stacking satoshis" is slang for accumulating more bitcoin.
dca = dollar cost averaging. buying small amounts of btc daily sats = satoshi's. units of a bitcoin. 1 bitcoin = 100 million sats
dollar cost averaging, a strategy to keep buy at even intervals at different prices to average cost and lower rush. sats is short for satoshis, the smallest denomination of bitcoin, named after the creator, satoshi nakamoto. 1 sat is 0,000001 btc
dca - how to buy into bitcoin slowly and with a lot of time wasted. sats - poor man's bitcoin
i’m hodling till io!
that said, if there is a time to sell and downsize or move to a cheaper market, it is now. it's possible that a housing crash is on the horizon.
if i had sold my house to buy btc in 2011, i'd be a billionaire right now. that's a more solid investment than a house.
you should listen to micheal sailor interviews
a house you live in should not be classed as an investment. you always need somewhere to live. and if you plan on upgrading inflation is actually bad for you.
how does bitcoin protect against inflation?
this was the most convincing argument against it
you forget that you need a place to live. otherwise he will be paying rent to a landlord.
oh hell no. tent life is not pretty when you need wifi and multiple monitors. van? maybe. still pain in the ass. would rather live in a cheaper place or get roommates. tents are for camping trips
honestly, i'd be more concerned about it being a bad idea if you all were encouraging it lol
i'm too dumb and lazy to pull that off
that would make the most sense but it is just as likely to not go down as much as you'd expect it to. especially with more adoption on the way
lol. another one of these risk averse people huh? what's so scary about taking profit from a house and investing it? what's the worst that could happen? you lose the cost of the house? nope. you only lose the profit. the worse that could happen is now you're in an apartment paying just as much as your mortgage was. best case scenario, the bet pays off. worst case scenario, you're stuck in something just as or more expensive with some loss. not a total loss. btc will never go to zero. the most likely outcome is profit, even if it is not much. btc is not a lottery ticket. it's a highly speculative asset that more and more business are getting into. i do not see business buying up lottery tickets, but i do see them buying up btc.
lol. i'm surprised your posting here given your obviously not very risk tolerant. what, do you belong to the buttcoin sub? 🤣
a property without a mortgage is an amazing thing. what exactly does the owner lose out on by not having a mortgage?
i believe it is 20% if you've held for more than a year, long term capital gains.
35%?? that’s almost half smh
i completely understand you. freedom from financial institutions. you built your stack. congratulations. now you’ll have a home and build another stack. bitcoin is amazing.
with mortgage interest rates lower than the rate of inflation, it is basically free money. i get that being in debt feels wrong if you can avoid it...but a mortgage at 3.0% is not like a credit card at 20% or a student loan at 6.8%. i think you made a big mistake. if you have regular income you would have been way better off in 10 years keeping your btc and just paying off your mortgage every month with your paychecks.
loans are good if taken out responsibly. you could have kept 80% of your holdings ish edit: but still congrats!
financial planning wise, terrible. peace of mind wise, zen. i totally get it. i am the same in general but am starting to think about using my btc as collateral rather than sell it, but for a house, 100% yours with all the relaxation that brings, that is a value that is hard to put a price on. congrats, go fuck yourself.
michael saylor will strongly thisapprove this message. btc annualized return >>>>>>>>>>>>> bank loan interest payment... but i also get your point as loan does have psychological aspect and introduce uncertainties to life.
congrats. i believe a traditional mortgage would have been the better initial move, however, you can always use a heloc in the future if you need emergency monies.
i do not get it. let's say your house is . why not pay , get a loan for , and keep ? you can sell that btc to pay off the loan whenever you want, but this way you also take advantage of btc growth. if btc grows faster than 3% (or whatever insanely low interest rate you can get right now), you will end up better off in the end. if btc has another major bull run, you could end up having enough money in a year to buy a second house...
this is a huge mistake.
this is my plan too. i can easily put -30 years
you are always renting from someone. right now you are renting from your opportunity cost of not paying cash. the cost of your simple life will be millions over your lifetime.
this is laudable, bit in the long run it will hurt you financially. a mortgage is both a curse and a blessing. it's a curse if you do not know how to manage it. if you do, it is truly a great thing. for example, you could have paid half the home in cash and left the rest in bitcoin. in 5yrs you'd have much more than now. regardless, congrats on buying a house man!
real long term wealth is not achieved by buying a home with cash. that money is better used elsewhere. use the banks money for that.
i get this. being debt free is a good feeling even if you could take advantage of low interest. congrats 🎉
i respect that 👍
it's a good feeling not being in debt. you did it the right way. congrats!
much respect for this mentality
king of your castle. good for you.
i admire you living your principles, but this is just dumb. you are going to regret this.
i got my home with a 2.5% fixed 30-year mortgage and . literally free money when you factor in inflation, plus i can invest the cash i would've spent on the house for hefty profits.
i'm with you on this. i just want to buy a house in cash and be as self sufficient as possible, work minimally and treat myself when i can afford it.
i respect this thinking... but consider it this way- if you hold your bitcoin now and it doubles in the future... you could pay off a mortgage with half as much bitcoin.
this is actually a ridiculous mentality. it’s so infuriating to see how people let their mind play psychological tricks on them with the whole “i never want to be in debt” thing. so much that they will take the most mediocre road towards financial independence by totally avoiding debt 🤷🏻‍♂️.
… or, you could have split that cash buy into several 20% down payments on several houses, and rent the others out. you would have leveraged nearly free money on all of it to become many more times as wealthy. that’s what i would do, except i’d keep maybe 50% of it in equities and other traditional investments to keep your portfolio balanced.
people can say you made the wrong choice all they want, the important thing is bitcoin gave you the power of choice.
take loan for 3% + stake crypto for 6% = 3% free. in money terms, on a 500k house, that is 18k free per year. in fact, it is worth taking out a loan just to do that.
not trying to rain on your parade but this is probably going to be the worst financial decision of your life. switch it if you still can. seriously… not even just from a bullish btc perspective but paying all cash for real estate has a huge opportunity cost vs a long term fixed rate low interest loan, especially in a time of super high inflation. good luck
sounds like someone with 0 understanding of finances. luckily you gambled and won or you’d be pretty fucked in life.
i’ve also bought a home this year, never took any debt before. followed an advice from a smart friend to take the maximum mortgage i could find. i’ve already gained more than the mortgage i took, and have no plans to return it until at least 5 years from now. free money.
don't let anyone convince you otherwise man. some people do not mind having debt and working harder with their money to be marginally better off. some people prefer to be debt free and have the freedom of working or not. you made the best choice for you, and that is fucking awesome.
this is such a bad idea. your cash is better in low risk investments. money in something super stable will get 7-8% and compound while you pay 2.5-3% interest on your loan. you’re fucking up.
cool but you are doing it wrong. very wrong.
there are always ways to maximize profits. peace of mind and sticking to your values is priceless though. good for you man.
that's very great, this is the way !
low interest on a 500,000k loan on an investment that is expected to continue increasing in value at a much higher rate is much better than no interest.
only if you keep the money. the point of the low interest is keep your cash and put it in investments that would beat inflation
sort of. interest rates right now are so low. your home loan is at less than 3%, but you can easily get 6% plus out of an index fund.
sure, but do you also think bitcoin will be worth more later? because if btc gains outpace the loan percentage, it is better to keep the btc.
as is evident in this thread, there are a lot of opinions about this. i'll share mine. no interest is better than low interest all else being equal. but there is a difference in this situation, and it is leverage. if you paid , sure your mortgage payments would be 't need to pay property tax moving forward, but you did pay . in the same , let us say you paid 20% down instead. looking at the google mortgage calculator, if i paid .3% interest on a 30 year mortgage, my monthly payments would be .5kish+ taxes. this seems worse, right? i now have to pay , which is an extra .26m. after it is all paid off i will have paid .46m instead of . but remember, leverage. in this scenario i also had an additional . if i can get a 5% annual return on that money i could end up with * (1.05^30) = ~.45m after 30 years. so, in summary, given they way that the us creates a favorable environment for competitive mortgage loans, making it a generally good investment over the long run. that being said, if you do not have the money you could default on the loan and all the hypothetical calculations wouldn't matter. so leverage is good, imho, until you are over leveraged, and then it is not.
i agree but usually when i point stuff like this out people will downvote because they just don’t get it.
assuming op is taxed in the us, his capital gains would probably only be taxed at 15%. you only start getting taxed at 20% when you hit (ish) of income or more, so unless op is buying a house much more expensive than the median house in the us his capital gains would probably be less than the max tax rate. still, not very efficient tax planning by op
of course it is great to have a completely paid off house but as far as timing goes, it is not great. interest rates are stupid low and cashing out so much btc at once means they will be hit with a hefty tax bill. if they really wanted to own the house outright, there was no reason to not cash out slowly over the next few years. but, of course it is their choice and you never know what will happen with btc.
i cannot think of a lot of reasons that you would need to buy a house asap, but hey, it is not my bitcoin.
if he couldn’t he absolutely should not have bought this house. property taxes will cuck him
or he will feel like a genius if it crashes... btc was about getting away from banks, not building enough collateral to go get a big loan...
he already has a house a roof over his head so what is the need now to buy imaginary coins come on
it's pretty much the entire purpose of defi apps like compound and aave. yes it is possible, but to borrow that much without needing any traditional loan you would need your collateralized assets to be roughly 3 times the amount of the purchase price of the home. then you risk getting liquidated on part of your holdings if the market takes a downturn. so yes possible, but risky. it would be much more plausible to borrow the amount you need for a downpayment for the home and then make regular mortgage payments at historically low interest rates.
thank you for saying it...too many inexperienced armchair financial opinions.
yeah no shit. i can choose to play in traffic, or drink bleach... just because it’s ✨ 𝓂𝓎 𝒸𝒽𝑜𝒾𝒸𝑒 ✨ doesn’t mean it’s somehow above judgement.
it's mostly the land. the cost to maintain a house will eat into your profits. of course in a housing shortage everyone's house goes up regardless of how much the house has deteriorated.
right. i have a mortgage because btc is a much better long term asset than a house.
the answer is pretty obvious. if you find my comment interesting enough to respond it is probably because you're interested in the thiscussion it poses: why are people interested in this (a psychology thiscussion). or you find my opinion strange. which is more interesting: that, or the fact that some random guy bought a house?
do you care that my sister's cousin just bought a house? why would you?
you’re right i don’t, but it makes more sense to just use the interest to pay it and keep the btc
that’s why i asked you guys lol i buy the shit every week automatically i just worry it won’t be worth like the fed will come out with there one currency and fck it all up or something
i'm leasing a condo in thailand.
yeah but you're not adjusting for inflation. if you're at a fixed rate 600k in 30 years will probably be 300k in todays buying power. that's if you stay in the house that long. the equity alone would be enough to wipe that debt out in 10 years.
did you have to pay taxes when you cashed out?
did they make you "season" the money or hold it for a certain amount of time after cashing out?
you did great... dont be greedy, take your money and get out of this crasy meaningless life
the 0 interest is only in cali?
just looked at their website under the section with loans... why is the collateral amount so much higher than the actual loan amount? seems backwards to have to have money already in order to borrow money. it’s not really a loan...
what's the counterparty risk calculus with taking a loan from celsius? i'm seeing conflicting info online with regard to assets being insured. if there is a hack or they go under, what's the outcome for customers?
jesus that is unreal
i second this. celsius is amazing for lends using crypto as collateral.
this is actually somewhat risky. flash crash could get you liquidated and your btc sold on a huge wick down.
well this makes me believe in the future of celsius even more than before
celsius looks cool but the amount you can borrow vs the amount of collateral you need is bad.
celsius is legit. love that company.
the thing is, for people with good credit, interest is basically zero compared to inflation. if you can afford the payments (and you should if you have enough btc to pay it on cash) then it makes more sense to take free bank money and let your hard money appreciate.
they have anti money laundering regs they have to abide by so not only is it their business, it is their obligation to know where the money came from
seasoning has been quite common for the past 10 years.
ive got investments, but the amount of cash id free up to dca on a monthly basis by being mortgage free is significant and i wouldnt *need* to work
shhhh!!! this is my plan too!!
i’d rather be mortgage free and live life on my terms for the next 50 years than earn the extra 10% interest a year for 30. debt is the number one cause of stress in most of our lives. even the wealthy tend to buy their homes outright, there’s a reason for that.
a lump sum as early as possible has the best expected value for any appreciating asset. the only benefit of dca is a decrease in standard deviation. you will experience less fluctuation, at the cost of earlier exposure and a higher return.
crash = 60k. recovery = 120k over today. real estate just barely over btc.
that's the beauty of real estate. you can still live in your house and just wait out the bear market.
yeah my neighbours did this. i moved into this estate in september 2020. they moved here a few months into the pandemic. they sold their 5 bedroom farm house for 350k and bought the house next to me for 195k. their house is now worth 245k in that very short time. it's only worth that because there are still new houses being built, another 5,000 are still planned, so the price of the new houses over the years of development are going up, and they are the same houses. in fact, my house cost 230k but if i had bought it 6 months earlier, it was 210k. i was the last to buy from the first round of construction, and i paid the most.
yeah but do you prefer having a house and a place to sleep or btc? housing is a basic need, safe your other expenses. there are 3 pillars of spending money: basic need, consum and invest, just cut your consume for investments but never basic stuff
a housing crash is on the horizon, most definitely.
nah you would have sold when it was significantly higher value but nowhere near the billion returns. you’d still have made a profit but nowhere near billions. you’d be the guy in this sub posting depressed shit like “what if i hadn’t fucking sold at 150$”.
money printer goes brrrrrrr dollar is now many many bread now cost 6.5$ house now 1.4 m instead of 500k bitcoin 288.000 it’s 2024. see many assets that aren’t fiat currency appreciate when the printer goes brrrrrr. protection yourself against inflation is vital in our time. if you win a couple million with the lottery, quit your job and live off of that money you could end up being very fucked if you just keep it in the bank. dollar might depreciate so hard because of money printing million of dollars could have the same buying power in 20 years as 1.000. this is why we invest in gold, houses, bitcoin.
have you guys never heard of apartments? i've been renting for 3 decades now after selling my house and never want to own a home again.
personally much rather other ones
> taking profit from a house and investing it your original comment left this detail out
mostly because i've had bitcoins since a few days after the first slashdot post about it. having owned bitcoins practically "forever" does not make me a gambler risking his own house.
mortgage interest is tax deductible. rates are at an all time low. the benefits are clear.
you should be well versed in your country
not everyone is a min-max person looking for max growth. some people just want to live a foundational strong financial life. loans add risk. there were millions of people in the early 2000's that ended up underwater in their home while their investment portfolios took a nosedive. yes, long term the math tends to work out. however, there are periods of extreme stress that can come up that you have to live through. having a paid off house and no debt can greatly increase your options in life.
this is exactly my situation. bought a house last year right before the market went ape shit crazy. locked in a 30 at 2.65%. at closing the lawyer said..."wow, free money!" i'll never pay off my mortgage early. absolutely no reason to.
saying they’ve made a big mistake is unfair especially when you don’t know op or their circumstances. anyone that has invested to the point where they can afford a roof over their head without any big bank dangling threats or payments over their head is a job well done in my book.
let's not be so thisingenuous, if we could all see the future we would already be billionaires. we have a shared belief (which can be a dangerous thing when we only reinforce it amongst ourselves). do i believe btc goes to 100k and beyond - absolutley (i have been into crypto since 2013). bitcoin is supposed to be hard money, thank god he spent it. if nobody spends (more likely he converted but whatever) bitcoin, we will never get to the full potential of this project and it will just be internet points. diversification and risk management are prudent strategies. unpopular i know, flame away
with the money he will save month to month he can buy back in.
for some people, 30 years of not having to worry about any sort of mortgage bills is worth the price, for peace of mind. on paper youre right that he could save a bit of money your way, but there are other variables to consider. it also means he did not have to go through the process of getting a mortgage approved, which he may not have steady income but rather btc savings and they might not approve him from that alone.
completely agree with this. it seems you missed what i think is the most valuable trait bitcoin has, which is its relationship to leverage. it’s a given that fiat currency depreciates over time. if you bought a 100k house at 2.75% interest, you’re effectively locking in purchasing power at present time while servicing the debt in future cheaper dollars. it’s practically free money. by selling bitcoin you’ve not only created a taxable event (hopefully not a massive one), you’ve subjected yourself to full fiat depreciation and tanked your cost basis in btc. plus you’ll pay taxes on the property forever regardless and taxes only seem to go up over time. perhaps that’s just the michael saylor side of the value proposition. but i certainly feel this way about it. all in all you made a decision i assume you feel is best for you. that’s fucking amazing. that is the exact power of bitcoin. that’s the whole reason we’re here. for liberation, for freedom, for the future. congratulations. wishing you all the best.
my buddy just got approved for 1.2% rate in canada
i think if bitcoin crashes at some point, his house is secure. there are so many unknowns in life... job loss, medical issues , etc... i think he managed the risk very well. monthly housing expenses is a mental burden on some people.
can you explain this to me? i'm just now purchasing a house and i feel like i am still being robbed at 3%, due to the total amount of interest paid by the end of the loans term. or is this just because it is btc?
exactly. some people just hate debt so much they pay cash for everything but not all debt is created equal. there is healthy debt like a mortgage or even a car loan. the whole idea of 0 debt only makes sense for a non investor who just works and stacks cash (bad strategy). most multimillionaire real estate investors don’t own 100% of their properties. hell if they start to own too much they’ll take out equity loans to pull equity out. if you are someone competent with money you can likely gain more with your capital than you pay to borrow an equivalent capital (unless interest rates rise).
yeah dude made a bonkers decision lol. we got in at 3% when we bought and it really does feel like free money
i totally agree. and bitcoin will still make you money.
to some, foregoing the mental burden debt brings is more valuable. emotional equity is something we should all appreciate, because then we realize the numbers do not always have to make sense.
yeah, the housing market got heated way too fast. seems like it is at the peak. btc is just getting started. seems like a buy high, sell low situation. but, on the other hand owning a house clear and free is a step up in life.
there's a lot to be said about time and hassle dealing with banks... sometimes it is okay to take the hit and just know it is done and off your mind. it's not a mistake unless op feels like that money could have been useful, and given they have now just bought a house outright, done and done, i'm pretty sure they are not feeling that. congrats to op for earning financial freedom.
by owning a house can use it as leverage for a mortgage on the house and use the money on something else
a lot can change in 10 years...
i second this, i’d be willing to bet that a dollar today is worth more than a dollar tomorrow, not to mention 30 years from now. mortgages might actually be better investments than the houses they are written for.
what about never having to worry about paying anything other than taxes. jobs and work are not guaranteed. if it’s paid off, op can start to save and be able to save enough to possibly pay the taxes indefinitely and not have to worry about work. financial independence has been lost on everyone it seems.
correct - the only thing getting cheaper in the next decade will be debt. easy way to build wealth now if to take on debt for appreciating assets. congrats to op though, must be a good feeling. hope he set some aside for the tax man when he comes knocking though.
bitcoin is too volatile if you have a mortgage. i'd put enough money to pay off the house in an index fund and invest any extra savings into crypto.
it really is. i'm in the same boat; i have a mortgage running at a fixed rate that is lower than inflation. why would i not milk it as long as i can? "peace of mind" and having the bank out of your head forever is a possible answer, but other than that, you lose by not taking a mortgage currently. cash is depreciating, real estate and crypto are appreciating assets.
i think the correct decision has been made, living mortgage free would be amazing, excluding an absolute catastrophic event, op will still have their house in 10 years and it is value would likely have doubled, the btc, well that is still up for debate, i'd like to think my btc has grown 10x by then but we do not know for sure.
might not be a mistake depending on op's credit history. though even in either case, it might even be easier for him to get a loan now if he does a cash out refi to reinvest.
yeah people tend to think debt is bad and don’t realize debt when utilized smartly is actually an essential tool for investing and making extra cash but... it is what it is, at least he’s not drowning in bad debt
yeah, he may have screwed up a bit on the money, but don’t rain on the man’s parade. he’s happy, so you shouldn’t make him feel unhappy… even if your math may be better than his.
what about the fact the interest compounds? a 30 year mortgage, even with the current interest rates, means the house will be much more expensive in the long run. i believe i will pay over 80k in interest for my house by the end of it all. i bought the house for 155k. i may be missing something though...
that’s assuming the crypto keeps its current value, which is a huge if. op now fully owns property that will certainly appreciate in value faster than the rate of inflation and yet far more securely than crypto
he’s leaving money on the table, sure. but it seems his choice is more based on idealism than pragmatism, and if he can effectively retire, maybe it isn’t that horrible. honestly, if i were in that position, i’d do the mortgage too.
you’re not wrong financially speaking but financials aren’t the only factor in making a financial decision. to some people it’s worth it to not have any stress of owing anyone money even if they lose some return from that.
some people just really hate having debt.
not always. and the feeling of owning nothing to anyone is priceless. he. just because it is cheap to leverage, doesnt mean you're still not leveraging. housing market dumps, bitcoin stalls, lose of job... no debt.
no congrats that was dumb
this is really, really bad financial strategy. is there a reason for this madness? if it is "i do not want a mortgage" or "debt is bad" then i think you should learn more about money, investments, leverage, and opportunity cost. buying a house in cash is insane, even if it sounds awesome.
honestly, it is not a good idea: i have accumulated enough btc to pay my mortgage twice, but i still prefer keeping my mortgage. it is more important to have 200.000 spare dollars than not having debt: none forces me to pay all the mortgage asap, but in life shit happens and spare money is what, should i lose my job, could let me live for some years without any issues, while i am still paying my mortgage, looking for another job and. not to mention that your btc could easily quadruple in value, in the time you paid 40.000 dollars in mortgage.
federal yes. gotta add state and local too
15% of a median home in btc is still going to be a ,000-,000 tax bill.
you would have had the same argument against him cashing out bitcoin later too as your main argument is that bitcoin is going up so it is better to wait. so assuming he wants to buy a house, now is as good a time as any. if he cannot secure a loan through conventional means as he expressed in another comment, not everybody wants to live the apartment life forever
retirement so he never has to work again...
you’re saying get a loan for a despair from a defi app, to then get a mortgage from a bank? i find it hard to believe any bank would give you a mortgage if you got your deposit loaned to you. isn’t the whole point when going for a mortgage to show “genuine savings”? that’s what it seems to be like in australia anyway
except the opinion you’re referring to is 100% both practical and smart…you can literally do this on blockfi or celsius or multiple other platforms. you would simply stake whatever the down payment is in bitcoin (multiplied by 3), and get the loan at a very low interest rate. pay your mortgage every month with your income and then in 5 or 10 years (depending on your loan) when bitcoin is 4x the current price, you don’t just get that money back for free, you actually make more money. stake a bit more if you need the money for the first few mortgage payments. that’s it. you don’t need to be a professional financial adviser to understand this stuff…ask any wealthy person if they’d rather buy a house in full with cash or take out a mortgage.
yah, but at the end of the day, your opinion has no weight. he is busy breaking in his new house while you cry about how he is spending his own money on reddit. kinda pathetic honestly.
moreso sold a rapidly appreciating asset for a slowly appreciating one
wrong on all fronts. i find your comment annoying and valueless as everyone else does because you're asking for a front-loaded meta-thiscussion based on feelings. you already packed in how you feel about the content and you also want someone to thiscuss your subjectivity. why would anyone entertain the irrelevant thiscussion of your feelings in the comment section of a thread you refused to engage with to reinforce your self-centered behavior? if you did not understand any of this by the downvotes or how i repurposed your comment to humor others who are aware of your self-centeredness, please consider walking outside and touching some grass.
did she buy it with bitcoin?
great destination. i guess it’s not even ?
the equity may or may not grow in your timeframe, though. it's likely to, but the amount can vary wildly. last year, i bought my first house (exactly 1 year and 1 week ago today, actually) for . today it is estimated at . that's awesome, but it is not guaranteed to remain that high or grow more, and it is possible that if the economy has a bad turn, all that equity could blow away. it's happened here before. my house originally sold in 2007 for over ,000. 3 years later it sold again--for ,000. those owners held onto it until 2020, when i bought it. but also consider: if i run through my 30 year loan and pay out , but equity makes the house sell for , i basically break even (which is not bad. having a roof over your head for effectively free for 3 decades is not too shabby), but if i buy that house outright at , then when i sell it for , i walk away with *profit*.
i will have to pay next year when i file. will be long term capital gains. i am not to worried about it. i only cashed out 0.2 btc and i already have many short term capital gains for trading stocks and other crypto. i was looking for an apartment to rent for the next year or so as my living situation changed almost overnight. after pricing apartments, they are really expensive at the moment, it made sense to buy so that is what i am doing. the condo is much nicer than most apartments i looked at. so for me it is a win all the way.
no but it will have to accounted for when he does his taxes for that year
1% elsewhere. the california regulators just got done going through everything at celsius, so celsius is kind of 'celebrating' finally being allowed to offer the loans in ca with the special 0% rate.
that's the whole point though. skin in the game. you put up money to get money. your money hopefully grows that is locked up and you pay it with depreciating money.
because there is no credit check or other bullshit. here is my btc, now give me money at 1-3%. and bitcoin is so volatile that you need to put up the extra in case there is a price swing. it really is a beautiful system. my only recommendation is to only borrow 25% of the value. if you borrow up to 50% you could face liquidation during a crash like we had back a few months ago.
because then they are covered if you do not pay it back. otherwise it is a massive risk. you cannot just trust that people will pay it back lol
this is how rich people live without paying tax on gains.
your paying 1-3% interest .its a pretty fucking amazing deal.
25% loan-to-value ratio (value = the amount of crypto you put up as collateral)
what kyc do you have to go through? how much proof of where you obtained the btc do you have to give? (large loan, ,000 putting up 70 btc)
get liquidated, now you owe the tax man.
which probably would not happen due to the nature of usd right now.
so you take out a home equity loan to cover it
a more than 50% flash crash? plus i do not think they would liquidate you immediately (i only have nexo experience btw)
still not their business
but did he not avoid that by paying cash and not taking out or mortgage?
this is what i do not get. sure you could technically make more money over the course of your life juggling a mortgage and investments... but holy fuck, is not the entire point of obtaining money to make our lives less stressful and happier? the peace of mind of owning your own home is incomparable to anything else. work to live, do not live to work.
oops, the community heard it loud
explain why? there are zero indicators.
i agree. but what we do not know though is whether it is 1 month or 20 years away.
i mean, i did not own \*house\* bitcoins, but i did at some point have 300 btc in a wallet (at a time btc was well under ), so i really sort of am this guy. not billions, but let me do the math ... yeah, still 15 millions today ... and my plan, before falling on hard times, and being forced to sell, was always to sell only part of it if i did. so assuming i had sold my house when btc was at , even if i had sold half of it every two years or so, i'd still have many millions right now ... right now i'm buying a bit of btc (not much but still) with every salary, and the plan \*when\* i start selling them, is also to never sell all of it, but to always keep at least half (and try to keep much more than that).
omg. living in an apartment cost as much as a mortgage. so it is like throwing your money away. at least with a house you can get some money back if you sell it.
yeah. no kidding. forever means you bought them at a low price, when there was less risk. still surprised you bought them at all given your risk aversion
could you eli5, i don’t know why i can’t grasp this concept.
until you thiscover how to leverage debt to pay your mortgage off in half the time. you mortgage is amortized and interest is daily calculated. total interest paid at loan maturity is approx 150% of original loan amount. id like to not pay that. using a loc, lump sum prepay a few months in advance to stop the daily calculated interest on that amount. then, instead of putting income into shit bank, pay back your own loc. the interest you pay on that loc (secured) is way less than the daily calculated interest over 30 years you just stopped. and i'm your 69th upvote. it's a sign.
similar situation. i was prepared to pay cash until i found out my interest rate (2.5%) and now i have to force myself to not make any extra payments on the loan, even though i always pay extra principle on (interest bearing) loans. i just take the "extra" i want to pay and throw it in my brokerage account comprised of mostly index funds. they return 12%+ on average.
yeah cuz they wanted you to close that deal. those guys don’t give a shit about you or your dreams.
mortgage interest is also tax deductible no matter your income level, so that is awesome too
my only problem with that logic is after i bought my house at 2.25% i check to see how much i would spend over the 30 year mortgage. it came out to 25% of the total loan. compounding interest is great but only when it works in your favor. still love the rates that exist right now but i do not want to keep my mortgage for the full 30 years.
same. a lot of people take the ramsey approach with it. if you make six figures or more then won’t set you back long, but if you don’t have the thisposable income it can set you back like 15 years. retirement in the 30s if you wish beats paying off a mortgage and then grinding again.
> locked in a 30 at 2.65% how, most mortgage terms are 3-6 years then you need to renegotiate. i guess terms are longer in your country but with higher interest. i just locked in a 5 year term at 1.84%.
i have never heard of a mortgage where you can lock in the rate for 30 years. either i am completely wrong, or you are gonna get a surprise one day. my mortgages in the uk are for 25 and 15 years, with interest rates of about 2 percent on both, however the initial terms are 5 and 2 years, after the term ends, the rates are then renegotiated or you can find another provider for another deal. if it works differently in the states that is amazing. why anyone would lend you money at a fixed interest rate for 30 years is beyond me.
damn am i dumb for changing to a 15 year loan?
yea tbh op is a moron, you’d have to be insane not to get a loan, and keep the btc. if you believe in btc keeping its value or that you’re worth employing - you won’t have any issue paying the loan.
agreed. where i live (slovakia), you get mortgage rates in the 0.8-1.2% range. money does not get any cheaper than that. although, maybe in denmark. i read somewhere they actually get negative interest rates for retail mortgages. my brain exploded when i learned that. how much more proof does one need that fiat money is worthless. that's why i'm in bitcoin.
that’s impressive that this is so different depending of the country, i live in france and since like 5 years now, the bank would do it at more or less 1%. still insane, even tho it’s starting to fade away probably because of the pandemic.
i did the same except through cash out refi on my existing home... my rate was a bit higher than that (refi is always higher than purchase) but in any case i’ve essentially made thousands on the deal given the rate i’m earning on the cash.
2.25% on a usda 30 year here. refinancing or selling would be so stupid for me.
that is of course until the next crash comes.
it's objectively a poor financial decision.
tell me the circumstance where this is not a big mistake?
not a bit of money, a ton of money. this is objectively a poor decision.
it almost never is when they actually know the value of what they are giving up.
so is the goal to just hoard btc like a dragon and never use it?
> taking financial advice from someone on reddit is like the nunber 1 thing not to do. especially when that advice relies on predictability of crypto.
first sign that he shouldn’t listen to these people is that they are completely oblivious to the fact that you cannot use crypto as a down payment on a conventional mortgage. even if it’s converted to cash, you need to do it 3 months in advance as they will need your bank statements to source your funds.
it's objectively a bad investment to buy a home in cash. op is fine to do it for psychological reasons but financially it is making them worse off.
with all the unknowns in the world, there is a safe bet btc price will go below half of what it is now.
debt is used by people who understand money because you can leverage their money to meet your goals. you build a high credit score to get that money cheaply, then make money on their money. this is 101.
i hate black eyed peas. if someone told me i'd lose a million dollars or eat black eyed peas, i'd be eating black eyed peas.
also over the course of a mortgage loan you pay a ton.
yes the math is correct but if your happier with a mortgage free life, go for it. sometimes life isn’t about making the best possible financial decisions every second of the day. maybe op wants to be able to look at his house and say “i worked hard for this and i own this” instead of “what if i lose my job and have the bank foreclose on me” another poor financial decision is marriage. if 50% of all marriages end up in divorce and divorce is very expensive, it’s a very poor financial decision to get married. tell that to two people in love and see what happens. all i’m saying is buying a house in cash isn’t “insane” it’s just a different strategy to life than what you would do.
at a certain point you need to sell unless you plan to just pass down your crypto to someone else when you die. my point i decided is when i can use it to buy a house and retire. idc if the price is still going up after i sell and could of double it. i hit my goal and can live the rest of my life happily with what i have
i understand what your saying and it is not dumb. but if you look at anyone who is wealthy, they take advantage of debt and for good reason. use the shitty debt ridden monetary system to your advantage and get into debt with assets and take your capital and buy more assets. create cash flow. then borrow more off those assets. if your already in an asset do not sell that asset for another just to pay tax and obviously if you're here you probably believe btc will appreciate faster than a house. that hypothetical 250k of profit will buy a fraction of a bitcoin in the future.
> i only cashed out 0.2 btc so like less than ? that's probably why they did not care.
congrats! i plan on buying a condo early next year. i’m having to wait for tax reasons... no biggie, allows me to stack some more sats while they’re still cheap.
talk with an attorney. you may be able to avoid property gains tax if you reinvest the money, such as...buying into real estate
if you roll short, isnt it considered another asset and essentially you defer paying taxes?
thanks. seems terrible. basically gato put up 4x bitcon for loan. feel like i am missing something.
just basic kyc that is the same on any exchange. no other docs needed to do the loan.
wait a minute... 70 bitcoin? you're talking like 3mm, why not sell off a few and pay cash?
is april 2021 so far back that you’ve purged it from your memory?
it's not a bank your assets are not protected like that. same as an exchange. so if they went belly up tomorrow gg.
your point is a tremendously ignorant one. of course it is a lenders business where the borrower gets the down payment from, that is quite literally just good business even if it weren't legally mandated. you wouldn't loan someone money if you knew that they got the down payment from another loan from a street bookie.
if i get my money from a fucking crachead it’s none of your fucking business where i got it from.
i regret paying off my mortgage tbh. it was a pretty dumb move but i wanted the "freedom". i could have bought 2 houses if i kept the btc instead of paying my mortgage with it.
i would have much more peace taking that chunk of change, investing it, and having it trickle into my mortgage. blowing all of your cash for absolutely no reason is the worst choice of them all.
you can set yourself up to need even less, by being financially prugldent and doing a little more juggling. the difference between
lol oh this hurts so bad
he is bragging about throwing his money away while building no assets
yeah. no kidding. forever means you bought them at a low price, when there was less risk. still surprised you bought them at all given your risk aversion. infact, it would make the most sense if you did not buy them at all, but mined them yourself
not willing to bet my house on a gamble != risk averse
imagine selling 1,000 btc to buy a 1m house in 2013 - you have a house but no btc. now imagine selling 100 btc for a down payment and paying 5,000 a month for the other 900k you borrowed as a loan. - you have 900 btc but a loan for 900k. you will have paid 480k in principle and interest over the last 8 years. your 900 bitcoin would be worth 43 million today. the gist of it is that borrowing money at low rates allows you to invest your cash. that said, i am with op in one aspect, the mental freedom that comes with living debt free is priceless. on the other hand, i am all about investing (see user name).
inflation is higher than the loan percentage. i eat crayons
your mortgage lasts 30 years. think about how much a dollar was worth in 1991 compared to today. in the 20th-30th years your mortgage payment is going to feel like peanuts if your income keeps up with inflation. so why would you want to pay huge bucks today, when in the future you're going to have way more dollars available and they will be worth relatively less?
debt that allows you to create equity is good, generally real estate or a solid business. debt that accrues more debt is bad, credit cards are prime example. as an example op could have put half down on his has with super low interest and half down on a rental property. both homes should increase in value over time and there could potentially be some rental income. however, there is something to be said for owning your home outright
let's say you have . you can either buy the house with your cash (and have ) or take our a loan (say 3% over 30 years) and have (ignoring down payments). so on day one, if you take the loan, you've got . but you have to pay interest. so if you pay the minimum, you'll end up paying . but at the end of 30 years, your house's value may be . now let us say you take the loan and put the extra money into the stock market (assume a 6% return). you'll have .8m (minus your house payment) so you are **** and have had financial flexibility.
you can spend , no stress no debt. or you can borrow , while keeping your (to invest, spend, whatever). there are risks and trade offs, such as if the interest rate suddenly became very high and now your loan is very expensive. a bit unlikely in today’s environment though.
i'm printing this out to take to my bank to figure out. i have a loc for my business that never gets used. my bank for my business is the same for my personal. they basically throw money at me b. thanks for the tip!
i do the exact same thing... i refinanced from 4.25% to 2.45% ... and instead of adding the difference to the mortgage, i pay the minimum and the difference goes to spy and qqq... so far so good!!!
in 30 year your 100k mortgage cost you 125k, but at the same time, you have invested your 100k cash in something that give about 6% per annum. it will be worth more than 500k (depend how often it is compounded) + you have a house that might be valued, let say 200k if you bought cash a 100k house, it would be valued the same amount let say 200k. + you can invest each month the mortgage amount you do not have to pay. could you reach the same amount of cash after 30y ? it's almost impossible to save 5 times the price of an house starting from scratch in only 30y.
mortgages in the us are typically 15 or 30 year periods, though there are other options available. within those periods, there are two primary types of mortgages--fixed rate mortgage and adjustable rate mortgage (arm). with the fixed, your interest rate is literally fixed over the entire period of the mortgage. on an arm, you'll usually see a 5, meaning the rate is fixed for only 5 or 7 years then can start adjusting at a maximum annual rate defined in the contract (generally 1% a year).
30yr mortgage is the standard here in us./
i have no reason to sell. the next crash would not affect me.
selling a highly volatile asset for a more conservative one is not a poor decision at all.
so? op’s happy with the decision they made, be happy for someone else you don’t always have to pull others down because your opinion differs to theirs.
utility . peace of mind etc seems especially valuable to op, hence it seems like a good decision for him.
the circumstance whereby op is clearly happy with the outcome of the decision they made through taking risks and investing their own money and the outcome their decision had on their life. whether it’s right or wrong they’re happy with the outcome so be happy for them.
there's several things that can happen. bitcoin is not a risk free asset lol. what if government regulation is introduced and bitcoin gets hammered. what if the fed introduces a digital dollar and muscles bitcoin out via tax incentives and regulation. what if other central banks around the world do this too. what if op's bitcoin can no longer buy them a house. i totally understand that mortgage rates are less than inflation, but op is cashing out on speculation and buying a tangible asset. if you call that "a big mistake", then you're not considering the risks involved in owning bitcoin. no one knows the future, and op is doing a sure thing
the circumstances where op loses his job and now has a big ass mortgage he cannot afford to pay why have a liability when you can have an asset?
life is not always all about maximizing probable future financial outcomes. example of negative outcome: btc drops, housing market goes down, op loses job. unlikely? definitely. impossible? no. no reason to prescribe how people live their lives, what makes them happy and what their risk tolerance! congrats op! that's awesome.
it may be impossible for him to get a loan for a mortgage. lots of possible reasons why. we don’t the ops situation, we are not him.
i am not from the us, so please correct me if iam wrong. for a down payment on a house you have to proof, to a institution, that it is your money. since that is not easy with crypto he has to have it on his bank account for at least 6 month. for buying a house in cash this might be not the case. i remember reading a similar post a few days ago. maybe something like that could be the reason.
you realise that a lot of people do not qualify for mortgages, right?
objectively, yes. but humans are objective *and* subjective beings. the mental equity of not owing anyone anything is more valuable to some.
on paper it is a bad decision. the only thing that matters is what is the right decision for him.
not remotely. think of bitcoin from the perspective of another hard asset like real estate. with real estate you can borrow against your properties in order to utilize the equity or value built up in them. apply a similar principal to bitcoin. of course it is risky to do now given the volatility, but conceptually it applies. you borrow against your bitcoin in order to do whatever you want to do, whether you just wanna live off it or you wanna further invest in cash flowing assets. i think the true power of bitcoin is its accessibility. not everyone has access to the faculties of real estate investing or in some cases a bank account. op just bought a house, in full, because they owned bitcoin. bought a house in a time where home ownership is damn near impossible to achieve for most. that is remarkable. imagine how many other people from all walks of life can better themselves because of potential bitcoin provides.
people who say "objectively" are worse than people who used "literally" the wrong way and ruined the english language. all you're saying is you have a strong opinion; you're not offering the ultimate truth from the mouth of god. psychological reasons are more important than financial reasons for many people. never having to worry about a mortgage payment and using your pay for something more enjoyable is an incredibly appealing prospect for many people. heck, not feeling you owe anyone anything is a bonus all of its own.
in order for him to take a mortgage someone has to take the other side. if it’s objectively such a bad deal why is a presumably smart bank willing to take the other side? i agree with you that you should usually not pay for a house in cash but there are legitimate arguments
yes, i understand that there are very smart ways to leverage debt in your favor. it does not change the fact that some people just really do not like owing anyone anything.
compare the interest paid over the life of the mortgage to the lost opportunity cost of holding the remaining . i would imagine any interest paid over even a 30 year mortgage would be dwarfed by the gains from btc.
not with interest rates where they are right now.
sure, maybe not every day all day, but the biggest purchase of your life you probably want to do the financially intelligent thing. but, ya i guess you can do whatever you want? your second point is actually incorrect in so many different ways, but the gist being that number is not equal for all varied groups of people. it's often financially advantageous to get married, ie tax incentives and reducing the overall tax burden on the two individuals. i'm just saying, it is a bad strategy and it nets a financial negative, so why the hell would you do it? if you keep the cash and everything falls apart, as someone said, you still have the money to service the loan while you look for new work. in the case you "lose everything" and all your money is in the house, you either default on your taxes or mortgage your house to get the money out.
amount does not matter afaik underwriters have to account for every dollar used for a down payment to a mortgage. the easiest thing is to cash out, wait 90 days, and then apply for a loan. the underwriter is required to look at the last 3 month's of statements. if the funds have been in the same account for 3 months, they are fine and need no other information on them.
your downpaument for your condo was .20btc ? did you have cash on top?
just shy of 8k when i sold.
i am not sure. that is something i will have to look into.
the business structure is this - let us say you bought 2 btc at 6k last october, it is now worth about 100k. you can sell that and pay 24+% on the \~88k in profit or about 21k in taxes, leaving you with an extra 67k in the end or if you believe over the next few years we'll be higher than we are right now you can deposit that with celsius, take out a loan of 25k in cash, owe no tax since you sold nothing, and still own the bitcoin too (so if it goes up in value you're still gaining that value). there are also long term holders who face gains that would put them paying 23.8% federal long term gains, and then whatever their state and city taxes are too - but if they think bitcoin is going to be higher in a few years, they could pay celsius 1% a year for a loan instead when they need cash - and still own the bitcoin.
taxes. that 3 million is really less than 2 million after state and federal income tax. why pay 40% tax on those gains when you can pay a few percent of interest on a loan instead... and let your btc continue appreciating as the rocket ride keeps going...
this is the right answer for this particular situation.
survivorship bias my man. has owning a home outright given you peace of mind? what if you'd held that bitcoin and it never appreciated in value, maybe it was surpassed and replaced or regulated into oblivion. would you regret not having a home paid for? we cannot predict the future. i'm all in on crypto, for what it is worth. but it is a means to an end, and everybody has different goals
want stuff that hurt? i had a game \*very very similar\* to minecraft coded 3 years before the first alpha of it. never went public with it, was just one of many projects i did just for fun(also, you did not play it directly, it was more of a sandbox to train ai in, but it would have been trivial to make player-controllable). sort of felt weird when mojang was sold for a billion. but eh, no reason to look back, i'll keep doing crap until eventually one pans out, or i die. right now i'm working on a 3d printer for kilometer-sized giant transparent domes (think "the simpsons" movie). maybe \*that one\* will be worth a billion someday. and if it is not i have other stuff on my todo list.
> building no assets commenting in a bitcoin sub about this has context that you've missed edit: look at ops username lol
no assets? lol. i was a homeowner once, i spent every spare dime i could scrounge on home repair and maintenance. now i spend far more than that on stacking sats. guess which made me more wealthy?
see. told you you mined it. u little programmer you.
let's also not forget that the fed targets a 2% annual inflation rate, so a mortgage at 2.5% is very close to free money.
thanks for breaking it down like this. i’ve been considering some major investments and i was trying to decide whether it makes sense to pay in full or finance.
honestly i think he will regret selling his bitcoin
money is not everything man. i'd take the piece of mind of having a home that is paid off on a plot of land that is all mine, long before i'd take the gamble that my bitcoin is *probably* going to be worth way more later. you cannot predict the future, but if you have cash to buy peace of mind, why wouldn't you?
i’m poor with no credit. where do i invest oh wise one
let's say you have btc values at . you decide to buy a house. you get yourself qualified for a 750k mortgage, find a house you like and buy it. the total cost after figuring interest is . what is your resulting net worth? **zero** you have no net worth in this scenario, because the value of your liabilities equal the value of your assets. a house is a kind of asset, but the mortgage is always a liability. for op, sure, he now has less capital, but he has an asset, and no attached liability. there is not a downside, and sure, that btc could appreciate further, and be worth more ten years from now, but ten years is a long time, and op values the security of owning property over the uncertainty of paying a bank for permission to continue living in a house. owning is always better than renting, and owning outright is always better than making payments.
this is the way. put down a good down payment to get the lowest loan rate. then watch as inflation gives you free money over the life of your loan.
better option would be to stake the btc on alchemix and borrow a percentage back tax free and allow the underlying to pay the loan off through interest. keep your exposure, limit taxable gains, and get free house. not all loans need to go through banks. this is the point of crypto.
the only problem with that is the taxes and insurance go up every year. plus the cost of maintenance. i have multiple properties but don’t think it’s gonna be all sunshine and roses. free money.
> your house's value may be . did you miss a decimal place and some 0's here?
lol your house value will not increase like that unless i you are california or some other weird markets. i have sold two homes... 15 years i made 32k. i did not really make that if you factor in taxes, interest paid and home improvements
mortgages are rarely variable rate. usually you lock them in.
totally agree that paying a house in full on a house makes no sense, but considering 2% loans as free money is not either. i still highly recommend reducing principle as well as investing. mathematically it does not always look today easy, but being free from a mortgage earlier in life does boost your investing potential too.
i feel like you ignored everything i just said. the length of your mortgage and your initial term are not the same thing. at least in the uk, i wouldn't have anticipated this to be different in the usa. i should have just googled it. ignore me. pretty fucking awesome. mortgage rates in the uk just now are as low as .84 percent. if i could lock that in i would.
ok. good for you. last crash a lot of people lost their homes and the core issue was not resolved so the next one will most likely make great depression look like a melancholy.
well, to be fair, if it truly is objectively a better decision, it is not an opinion. i think what most on here take for granted, however, is a measure of stability and growth. even the people calling it a poor decision preface it with things like 'if you have a stable job' or, more subconsciously 'assuming bitcoin keeps going up'. the benefit ops friend is getting is not worrying so much about that... though taxes, he does not have to worry about the biggest expense. and if the bottom were to drop out of bitcoin the day or a year after he cashes out, these guys would be walking back everything.
yes i agree. a poor financial decision does not mean a bad decision for other reasons.
i am happy for them... that they made a very very poor fiscal decision.
>why have a liability when you can have an asset? are you missing the part where he sold btc to pay for the house? he already had an asset. if he lost his job and had no other choice he could sell some of them at that point. even thisregarding the fact that most people here are confident bitcoin is going to go up in general over the next few decades... he coulda put the money into almost anything else and still came out ahead of the interest on his mortgage.
if op loses his job he can just sell his bitcoin then and pay off the mortgage… it’s a mathematically poor decision. if he wanted to cash out he still could but he could put his money in something more stable as opposed to a house in the middle of a housing bubble.
when he loses his job, his btc becomes worthless?
i guess but this is a public forum. saying this is good gives other people the impression this makes sense. it does not and is a poor decision that almost no one should follow. why are you upset that we are pointing that out. no one is saying the op should be imprisoned or flogged. it is a poor fiscal decision and if the op is happy with it, more power to them.
because banks are funding it with money that is not theirs so they also make money on the deal...
if you posted on reddit you're asking for comments. nobody who understands real estate and debt is going to commend buying a house in cash. lots of us here could afford to sell our btc and buy a house. we do not.
that psychological barrier can stifle some big gains. one trick to get past that barrier is to open up a separate account solely for the purpose of dealing with the loan. automatically shave off small bits of btc monthly into that separate account. have auto-transactions pay off the loan from that account. it does everything by itself. "set and forget." then you would not even see it in your main account, and you can consider it paid. and you'll have a massive amount more gains a couple decades from now. like insanely more. that should help you psychologically, too.
it's because those people do not understand how having debt can actually help you in the long run. the idea of not having debt is a piece of mind, but at the same time, it is not always the smartest move.
but that is the comparison of a known value (the mortgage) to speculation (btc 30 years out). essential op paid a premium for peace of mind, which otherwise cannot be bought.
uuum, that would mean taking out profits monthly or yearly and paying even more in taxes... edit: wait, he still needs to lpay taxes if he sold everything
> if you keep the cash and everything falls apart, as someone said, you still have the money to service the loan while you look for new work. in the case you "lose everything" and all your money is in the house, you either default on your taxes or mortgage your house to get the money out. except i will have all that money saved from not paying . i'll still have a job to pay for everything else. my overall monthly bills will be down, i would not be paying interests on a loan. thats all money i could reinvest and in the long run will be more because i'm not paying for a house +interest.
he sold the .2 btc to get the cash. i got in to an fha mortgage with .
another big one for whales. by borrowing money instead of selling it, there’s less negative price pressure on the rest of the btc stack. since the btc is is locked up.
not your keys, not your coins.
this is how rich people pay no tax. never sell your assets, take out loans with the assets as collateral instead.
what happens should btc crash though? i promise i'm not a bear, just curious. it's so volatile, are not these lending services taking huge risks?
well i did not say sell it all, just enough to buy a house cash, and cover gains tax.
what is a state income tax?
who is paying 40% taxes? even in california (the worst state for capital gains) it is just over 30% between federal and state for anything held over a year.
> celsius if you use crypto to borrow cash that would most likely be considered a taxable event. it is not just when you sell the coin for cash that things become taxable. if you used bitcoin to pay for an amazon order or something that is 100% taxable.
uh, long term capital gains aren’t 40%
what % interest are you paying?
because at some point you have to pay back the loan. all my money is in crypto so i'd have no way to pay it back lol.
nah playa, his would likely be long term capital gains and taxed much lower, based on his current income.
amen🙌🙌🙌💯😎🚀🚀 this small short sentence really just summed it all up!🙏🙏👌🏻😉
that’s what i call bag-onomics. fill the bag, hold the bag, borrow off the bag. bag-onomics 101;)
i could have serviced the debt regardless of btc. it was pretty dumb and the opportunity cost of paying it off does not make sense
you've heard of the 3d printer that is printing houses already, right?
you have a problem with 9000% gains? 'cause i do not.
yeah exactly. stacking sats. that's what i'm talking about. btc > house > apt
you do not own a house. your house owns you.
don't know if they can keep that target hehe
its amazing how the system encourages people to become debt slaves its very similiar to how the tax free savings accounts encourage people to give up their bitcoin keys people think their getting rich...but their not...they basically gave up their freedom and ownership for tricks and when shtf they got nothing
every time i sell btc in the past 3 years, i have regretted it. purchased a boat () with 2.5 btc. that btc is now worth 125k and the boat is still only worth about 30k. :(
i agree. i always think buying a house outright unless you’re insanely wealthy is stupid if you can get a really low interest rate. like my family’s friend bought a condo out right to rent out. he was better off mortgage and rent out and lee the difference. now he sunk 400k into it and will be waiting probably 20 years before it pays off with rent. instead he could have used that money to invest and paid the mortgage off with rent (some lifeline money aside from the 400k for gaps in tenants)
>that said, i am with op in one aspect, the mental freedom that comes with living debt free is priceless. yep, and i mentioned this in the post.
no, your net worth is . you have , a , and a . making a transaction at market value never changes your net worth. for the liability, you have not paid the interest yet. unless you are dumb when buying a mortgage and do not have an option to pay ahead without penalty, you can change your mind at any point and pay off the loan, so your total interest cost is only that which you have paid before the time you decide to pay it off. only the appreciation. for example, a year from now you will have had to pay interest on the , and your btc-- which means that taking the loan is a risk, not that it directly affects your net worth. in general, if you have an investment you can make that is guaranteed to grow in value by x%% interest, if x > y you want to take the loan and make the investment. for non-guaranteed investments doing so is increasing your risk, as generally you cannot guarantee the investment will pay off but you can guarantee you'll need to pay off the loan (you are making a 'leveraged' investment against the loan and if the investment goes bust you are now on the hook for the loan money that you lost) in addition, if you live in the us and have income, then you can generally [include the interest payments]( on your , meaning your effective interest rate may be lower than what is listed (depending on your other deductions and current marginal tax rate). otoh your data is pretty off, as even at 3.5% interest the total cost (principal + interest) on a 30-year fixed mortgage for .2m.
you might get a break on taxes if you are repaying your mortgage. also, maintenance is gonna be needed whether you pay outright or you mortgage. insurance (term life) is a valid expense that you may want to consider, but i would imagine that owning a house outright is similar to having a mortgage without term life insurance. homeowners insurance is gonna happen regardless of whether you have a mortgage (i assume)?
people lost their homes due to "free money" monetary policy and they bought waaaay more than they could afford. narrator: ...that money was not free
objectively a better decision financially. not everybody dictates all decisions based on wealth.
nah you sound salty lowkey. i’d rather have the money to pay off a house in full and actually own my property fully rather than the banks power hanging over me to repossess it should some unforeseen circumstances arise
so sad. hope you manage to sort whatever it is that makes you such a bitter person.
you're not wrong through a financial lens but a lot of people forgo a more profitable path for a variety of other reasons, potentially as simple as it is mentally and emotionally freeing for some to have no mortgage. the financial positive of their decision is that they can tolerate lower lows if they hit hard times without being foreclosed on.
i agree with this. poor long term financial decision. makes sense maybe if they’re 80 years old but i would still argue it’s even a poor decision in that scenario. investing the same amount you would take out as a loan will yield far more over the long term (including enough to pay the mortgage) and then even after it’s paid off
a house is a much more stable asset than btc. not to mention, he probably still has the option to take a loan against his home at a low interest rate and then invest that money, should he choose to do so. buying outright has other advantages as well - namely not having to fuck with the mortgage company asking all sorts of questions about where the money came from and all of that jazz.
depends. there are a lot of calculated moves you can make with reducing your debt. for instance, op will now have relatively low overhead. he not only gets a peace of mind knowing that no matter what he will always have a home...but he also has more cash flow every month that he can sink into either more bitcoin or any other investments. it's not always black and white.
i agree. i personally would not be willing to forgo that opportunity for peace of mind. peace of mind today, crushing regret later :)
now you will pay pmi over 30 years...
rich people pay a smaller percentage of taxes because they aren’t getting a fat check every two weeks like a normal person. they’re living off the profits of appreciating assets, and that is taxed differently than income. gains can be balanced out over the course of a year by losses, expenditures, and investments, so that’s why you might hear about someone that is extremely wealthy who pays effectively zero percent income tax. in real dollars, however, they are likely paying many, many times the tax of an average person even though the percentage of their income is quite a bit smaller.
and how do you pay the loan back?
hence why they take at least 100% collateral on the btc. so if you wanted 250k they would take 10btc
the risk is almost entirely to the borrower. you have both liquidation risk and counterparty risk. not worth it, in my opinion.
regardless of what they tell you, creditors never take risks. they will sell your assets for pennies on a pound if they get even a little uncomfortable with the price action. all those huge bottom wicks are a testament...
they likely turn it around and liquidate the majority of it and reinvest in safer equities.
a racket is what it is. if you live in california at least. a few states do not have any like texas florida and i think maine
federal top rate assuming long term (eg he bought all this over 1 year ago) is 23.8% (20%+3.8%), take new york state and new york city taxes and it is a little over 40% (just about right at 40% at current rates, but they are talking about upping it with an additional 1% capital gains surcharge on over 1 million).
this is incorrect, you are not selling that asset, you are taking out a loan and posting the asset as collateral. this is the same tax strategy that billionaires use to take loans against their stock value and then they pay back the much lower interest on the loan. giving crypto in exchange for a loan, or to pay off said loan, is not the same as holding an asset as collateral.
yes using my bitcoin on my amazon order is a taxable event but i’m still not going to be paying capital gains on what i used to pay for that order. right?
the bigger question is why someone who has . you are responsible for tax on the profit. unless this person was an og miner they did not get these bitcoin for nothing. so they wouldn't owe anywhere close to what they are claiming anyways.
current income has little to do with long term cap gains. you cannot take a year off work and earn zero dollars and cash in 3 million in long term bitcoin and pay minimum cap gains tax, you'll pay the cap of the capital gains tax still, which is federal 20% iirc and for example cali state cap gains is treated as normal income regardless of long, and caps at 12.3% above ,012 so that is 32.3% on even long term cap gains for everything over 600k basically. so you loan against your crypto, buy your house "cash" with said loan, mortgage("refinance") house that you now own and the band will do for prob 75% of it is value-ish. better yet you could buy, reno a couple areas to update them, then re-appraise, then get the loan, and possibly take out everything you put into the house. then use the mortgage to pay off the btc loan, and get your btc collateral back. i'm not sure but i would think that a bank would be willing to give a better rate to mortage a home you already own outright vs are buying. the kind of person that owns a home outright is probably a statistical boner for the actuarial department of the creditor in term of repaying their debts. maybe an actual banker could chime in to confirm or thisprove that. [
i've helped them with their project . i designed-source controllers for fabrication(smoothieware.org).
all the better if inflation gets worse... your loan gets cheaper every year that way.
yeah it is very unlikely the fed will be able to keep that for at least the next five years... unless modern monetary theory is correct and the us government decides it does not need free money itself... both are highly unlikely in my opinion
i know the mentality in this place on inflation and money machine go brr etc... but people need to zoom the fuck out on inflation charts. inflation has been trending down down down doooooooo for years. understand that sure, short term inflation numbers look a little bigger, but look at the state of global supply chains. everything is a mess. shipping availability and rates are in a bad state.
damn. literally lost it in a boating accident
but do you enjoy the boat is the question! it’s not really about how much money you have, but about what that money allows you to do. if utilizing 2.5 btc a few years ago enabled you to have a happier life, that would be worth it to me. if you’d have been just as happy either way, then i understand the regret :)
i paid 3.4 btc for an entry way table. wife hates it but that thing is staying with me forever.
this is definitely a boating accident
with interest rates where they’re at you should be using a loan. even if you put down fifty percent or more. you pay cash when the rates are high then refinance when they get low. what’s hard about understanding that?!?
if the choices were leave the bitcoin alone or sell it and buy a house, then a mortgage is not objectively better. it's probably better, but only if bitcoin does not do faster than inflation. those are not the only choices though, and selling the bitcoin and investing it, or even using it as collateral to get a better rate (probably not necessary atm) would be back to objectively better. actually, sell the bitcoin, buy a house outright, and buy another property with a mortgage and rent it out. that way the mortgage risk is in the other property, you own your own house and have rental income, and no risk if bitcoin crashes. only loss is if bitcoin grows faster than your investment and income.
if you took out the mortgage and kept the money instead...how can they reposses it? you have the money to pay them if you need to. all the people defending ops decision here are clueless about finances. yes, it is great that he has a house paid off and people are happy for him. doesn't mean he took the optimal path for himself financially. stranger: "here op, you can choose between this . i'll give either one to you" op: *takes the * everyone:. "hey op, you shoulda took the . 100 is better than 20" doofuses: "durrr why is everyone hating on ops choice? he made , we should be happy for him! good for you op!"
bitter? why? i have a 2 35% apr on a 1.3 million mortgage. because of my va loan i was able to only put down 10%. i literally make money off my mortgage every year (with inflation and tax deductions). i am as far from bitter as you can get. i just hate to see people make poor financial decisions. while this person is happy, i want to make sure everyone else understands this is a very poor fiscal decision and they should not repeat it.
or you can sell all the bitcoin now and put money in stocks or gold or really anything. almost everything is more stable than bitcoin or housing nowadays
you can get rid of the pmi after a certain percentage of the principle is paid.
if you very rarely sell your assets, you would not often incur capital gains tax. if you borrow the value of the asset from a lender, now you owe payments and can write off the interest as negative earnings. you also have the equivalent of the value of the collateralized asset in liquidity, which can be used to buy still more assets. so long as you can make the payments on the loans, you likely will never have to pay income tax on your assets; essentially only on your employment income.
rich people never sell. they take loans out on their assets. that technically loses them money, so is tax free. if you look at the tax document leak of the richest people earlier this year they all do it.
you refinance it. it assumes that you’ve more btc to do it. eg. you got a loan for 1 year when btc was 40k, the loan covers price of house + interest payments for that year. after one year, btc is 55k, you take out the loan again, value of loan + interest for that year too, this time, you need to lockup less btc since btc is up. rinse and repeat.
over 100%. if you wanted 800k. you have to lock in 32x btc.
but if either of that happens, you are left with real estate. not a bad risk mitigation for the borrower.
well celsius is not a normal creditor. all you do is lock up your crypto. but yeah of btc just crashed 50% you'd be in a bad spot and probably have to put more up. they do not just randomly sell your shit lol.
i'm assuming short term cap gains. long term will be lower sure, but that is still almost 1. if you can avoid that then that is better. also mortgage interest is a tax credit(i forget which of the two) so all the coin you potentially sell to fun that in small amounts can be partially written off to reduce your tax exposure. if you have trouble getting a loan for a house you can get a loan against bitcoin, then once you own your house you can finance your house for a mortgage to take that money back out (people buy, renovate, and remortgage under the higher renovated appraisal to get up to 75% the difference, look up bigger pockets podcast to learn more tricks like that. using that strategy you could defer getting hit with cap gains taxes or reduce drastically how much you get hit by them. then who knows maybe btc saturns and you decide to retire in a country with no cap gains tax. though with the way the us is structured you'd have to renounce citizenship which for all it is faults the us is still a great place to be a citizen of so that is not super attractive for everyone to just cut the cord.
[it is up for debate at this point.]( as i said in another comment, the difference between what billionaires do and this is that billionaires are not transferring ownership of the collateral unless they fail to repay the loan.
according to the irs you should be paying capital gains on that. you buy something for .
it is taxable to spend your coins. how much it will be enforced for minor things like that is another question, but the legal position of it being taxable they have made pretty clear. you're also supposed to declare income on anything you've sold on craigslist for more than you bought it for, but unless it is a huge amount i do not think anyone does that. however with crypto everything is pretty easy to paper trail given the permanent record of the blockchain unless you've gone to lengths to hide said trail, so if the irs decides they want to audit all this kind of stuff they could target and harass crypto owners, esp if the govt takes an unfavorable view of crypto users in the future and targets them. irs has come under fire for targeting certain political ideologies in the past and auditing them at a higher rate for seemingly thiscriminatory reasons (ie, without anything signifying that those people) so it wouldn't be unheard of.
i never said anything about paying tax
well now i have even more info to stalk you with
a dollar would not be able to buy shit in 20 years. but my mortgage would not change a bit. a dollar is a dollar. even though todays dollar is certainly not the same dollar 20 years from now.
i think we are saying the same thing. your reply to u-takers. u€ in 2021 dollars. i think we are all in agreement that now is the time to be as indebted as the banks will let you be.
i don’t think anyone’s thisagreeing that it’s not the most mathematically optimal path. what you’re not understanding is that for the op, his priority wasn’t in maximizing profit it was in maximizing peace of mind, and he clearly has the financial means to do so where his decision isn’t a mistake.
this. you are 100% right and you should not get roasted for it. *can't you be happy for him because op's happy??* sure... but he would have been way happier in the long run if he would have done the very obviously better option of not selling literally *the* best asset he could have.
they own their house. the bank owns yours.
congratulations, you’re clearly happy with your decision. see it’s not difficult is it?
i agree a 100% but yeah, not everybody has the same level of finacial literacy. ppl are just offended or something cuss it may sound rude, but you are absolutly right. the truth hurt some times
low volt tech here. can we get some fuckin cable management for the love of fuck??
think you overcounted the bitcoin holders at 7.6 billion
bit of a stretch to claim 7.6 billion people rely on the bitcoin network.
carbon emissions literally transformed into carbon emissions you mean. unless you're injecting all that co2 up your ass?
can anyone predict what the return on investment would be for this set up?
i want an oil well with a bitcoin mine. how can i get one of these setups? i might even cover the whole thing with solar panels to buy some redundancy.
>carbon emissions literally transformed into money. no. they're still carbon emissions. trading is not a transformation. let's not get carried away. creating wealth is the benefit here. reducing carbon is not. perhaps that wealth can enable some carbon efficiencies if used properly, but there is no inherent incentive to do that created here. and there are some negative incentives to continuing the flaring. the social pressure remains however, so there is hope (in addition to the new wealth, both good things which can lead to progress). the best thing about bitcoin's proliferation is that good people are getting rich, and will now have power to fight the bad people who have increasingly been benefiting from the central bank money printers. (yeah, yeah and freedom is good too)
you're still burning the gas! common sense people. this is making money, but it is not "better" for the environment
i'd call this efficient, not environmentally friendly.
explain this like i am five 🙏🏽
headline is a bunch of bs. wasteful - yes. harmful, still exists. the only reason the portable mine is in place is to use low cost fuel to create $$$. lets get real here people. network would still be secure with 80% reduction in btc mining exquipment. headline - "low cost source of energy sourced" - doesnt have the same ring without the bs i admit!
not sure what i'm looking at. what are those pumps? how is this being powered?
elon musk is sending rockets into space but complains about bitcoin's carbon footprint. the guy makes no sense 😂
annnnd unsubbed from this subreddit. so fucking tired of these ridiculous posts.
this are the real money printers.
if methane is 25x more potent a greenhouse gas' than co2, burning turning all of it into btc at the margin makes sense. what else can they do with it? especially when getting a pipeline built is near impossible
didn't know 7.6 billion people rely on bitcoin.
as a btc hodler i am kind embarrassed by this post, but you guys know what you do
carbon emissions transformed into money. spoken like someone who literally gives zero fucks about the environment.
eats up harmful gas flares huh? please, prey tell—how does this work?
lol...this is like when the coal industry tries to claim there is such a thing as clean coal
west texas, new mexico has tons of flares!! big fucking nat gas flares!! judging by the trees i have no fucking idea where this is in the video... i rarely leave west texas!
by eating up = burning as fuel?
7.6 billion lol. most people dont even have money.
how much does the gas extractor cost tho
and before seeing this i thought bitcoins were just pulled out of ppls assholes
just commenting cuz my comment going to appear in my profile so i can check this out whenever i want
this is cool af
i'm in geothermal and solar heating and cooling and was asked to create a proposal for btc mine to run off latent wind from turbines. anyone do something like this? don't know much about how much excess is available from wind, unlike hydro but looking into it. its a govt agency that would be raising private money from grants so cost is not an issue but they would want to set up county based btc mining as a pay back mechanism for green investments
plz cable porn your shit
suck on that, elizabeth warren!
flaring natural gas is a huge deal in the permian basin (west texas). while drilling for oil, associated natural gas is also usually found. the problem is that there is often not enough to justify running a pipeline. so producers often wish to flare the gas (burn it for no use), or just let the methane into the atmosphere (which is practically worse than emitting co2). either way, the has must go somewhere. instead of flaring, the gas could be used for local electric generation to mine. and because methane burns clean, this is environmentally friendly while also economically more efficient.
7.6 billion rely on the bitcoin network? your in dreamland buddy...or you've been watching too many saylor videos as he likes to make claims like that
when you require so much energy for made-up work that you literally have to strap your operation to a natural gas plume.
well, not really. pretty sure those huge engines are eating that gas and turning it into carbon exhaust. not sure what the carbon output difference would be between those engines running and gas flaring instead, but for estimation purposes i'll say that operation has the equivalent of about 6 tractor trailers running at high idle.
this is factorio levels of engineering.
it's also generating money for the filthy methane industry and keeping it alive beyond the point the energy market would have it survive. it's still emitting co2 headline is misleading.
last time i checked, burning fossil fuel gas into carbon dioxide is creating carbon emissions, not reducing them.
didn't know 7.6 billion people rely on bitcoin. this is misinformation
why not do something useful with the energy, e.g., generate hydrogen?
bitcoin destroys the environment!!!
shit like this is why people are so turned off to crypto lmfao
it may be a lesser evil for the moment, but using oil wells to power mining is not any kind of solution. we're going to have to shut down and contain all the existing oil wells sooner rather than later. this is a momentary and not very scalable solution. cool idea, tho.
sound like some feel good bs to pretend bitcoin is not a thisaster.
portable?! what am i missing here 🤔
the problem is you will never satisfy the government until per gates (p) equation goes to near zero.
now that is super cool!
holy cow, there are 7.6 billion bitcoin wallets now? that happened fast!
what is the estimated value of this setup? i see tens of thousands of dollars worth of equipment!
now that is something i can get behind! hey, if i ever get to one of those, i promise to fart at least twice for network security!
pretty delusional post, you cannot be serious with this shit
this guy interviews the person who runs this operation in this podcast:
i do not see how this is reducing fossil fuel usage. all i see is fossil fuels being burned to power a mining operation. isn't that the opposite of what we want? making thisingenuous arguments in bad faith hurts more than it helps.
methane combustion produces co2, i think on balance the carbon emission stays the same, no?
el salvador knows better than us and china
looks like fallout 4 create your camp
i believe they do get credits, but there is no way they would use solar for this. most producers (in us) are at least paying attention to emissions now but they are strictly looking at keeping methane emissions to a minimum or eliminating them. they're not exactly looking at carbon emissions. flaring the gas and burning it on site to heat the gas is unavoidable and is not even being looked at. ultimately the whole purpose of drilling a gas well is to burn the gas after all.
taco bell + bitcoin = ngb natural gas bitcoin
i've heard such perfect things about smartpad and am thinking of taking part in it. what can you say about it? is it rly much more fruitful than old shitty launchpads?
the fact that we have to even resort to showing this shows you how dumb and clueless these elon sheep are. hodl
this is what hut 8 mining is doing with flare gas in alberta for btc mining
this is next level ⚡️
awesome ! sign me up please !
what the fuck is this bullshit lmao of course it is gonna be a top post too
if anyone wants to know the secret it’s thank me later
pretty sure it gets hot out there. a lot of dirt for those rigs.
fuck elon, i’m not selling!!!
what country is this in and what’s the setup costs?
literally not even half the planet has internet
i love this! this makes me extremely happy to see!
in many of these cases the oil company will actually pay you to use the gas, since many wells can’t open unless the gas is used. they can’t vent it, and it’s not economically viable to bottle it, it’s a negative cost as far as the energy is concerned
unless they put carbon capture on the generator output there is literally no difference to the environment between flaring and using it for mining.
you helped boost the btc price adding some juice on the network 😂
didn't expect to ever see a mining set up that looked like a mining set up.
do people not get we are carbon life forms... let’s get rid of the carbon 🌈
this is not eco
new thiscovery channel show. crypro rush. where all the shit is breaking all the time. parker schnabel is in the trailer doing deals. and the crew is setting up defense turrets on the perimeter.
awesome. i’m saving this to show any doubters out there.
just as functional - and frankly as useful as a modern day bank. this is just the beginning.
yeah in no way is that eco friendly
i just wonder where in the world is there a natural gas pump with an owner who is conscious enough to use the emissions to mine bitcoin... like this is seriously a unicorn...
such bullshit. this does not reduce emissions at all, they are still burning fossil fuels. the advantage is that the gas is free, it has nothing to do with emissions.
you're still burning stuff, which is likely worse overall than the natural gas emissions if left alone. also, taking a load and claiming it is an integral part of a generation system is completely thisingenuous.
how do i invest in that?!
a bet servicing those things are like herding cats on a hot day cut in some window units
so this is why ercot is asking us to lighten up of electric usage
i don’t know what this means but it sounds based
one example? cool. now go look at the vast majority of the energy consumption bitcoin does and get back to me.
carbon emissions transformed into money? no. the energy wasted in the flares is now being used for something productive. the carbon emissions still exist though.
cool video. wtf is with the description?
i do as the elon guides
this looks really bad if this is really a mining rig. which country is this in? water appears to enter in that easily besides the fact that it is all a fire hazard, including all that oil around and all.
is it tho… or is it adding to the baseload. i’m legit curious, someone tell me who actually knows.
if it’s not a volcano i don’t want it
*still loses money monthly*
stop it, i can only get so erect.
can you use solar panels to mine ?
anyone doing a conex system looking into geothermal air-conditioning to control the inside temp. its literally will pay for itself in less breakdowns and can be run on solar with a battery backup.
it's also eating up all that dust, dirt, pollen etc. look at the floor. fucking filthy. datacenter nightmare fuel. that hardware is suffering.
just my opinion, shaddy but brilliant move by musk. crown yourself the king of crypto, pump it, dump it. then sell all the crypto miners around the world your tesla solar energy system in order to restamp your approval!
so that’s where my 3080 is
what does he mean network security?
can this send me bitcoins?
the green house effect of methane is much more intense than carbon. the mere fact that they are burning the methane is great for the environment.
i am so fucking confused. this is how bitcoin in made?
like it or not, elon made bitcoin better.
making fossil extraction more lucrative is not good. we should just outlaw flaring like colorado and other places have.
bud...not much of a 'flare' if you're running a pump jack. my bic lighter has more pressure than that well. literally. heheh!! (come to think of it...flaring with a pump jack is a really bad violation of the fire triangle) ' pump jacks are used on oil wells. natural gas wells flow primarily 'gas', and most certainly do not require a pump, but enough pressure to lift any fluids which may be carried along and separated further down the line. ' this is likely pumping 'peanut butter', a nice heavily emulsified sludge laden with gas as well as oil and water. hard to say if its sour service or not without inspecting the shacks, as well as how its config'd. knock out the gas and water, oil flows away, water to storage tanks...and up here we'd pipe the gas to be sold not burned on a flare.
why not just fork bitcoin towards proof of stake? wouldn’t that solve all the problems?
close that fucking door dude for the love of god. your ac system will be burning more fuel then your damn miners!!!!!! ughhhh good job though. awesome progress on stepping the right way!!
let us start with on , it is a good start just like me
hmmm ok and what's it cost to make money and destroy money and to store money and machines to count this money and the containers and facilities to house this money
fun fact: methane is a more potent greenhouse gas than co2, so letting natural gas flares burn is actually better for the environment than leaving them unlit
it's not getting rid of the pollution it is just monetizing it...
uuuuum can someone kindly explain a little bit more to me? i do not quite understand what's happening.
carbon emissions turned into money is just people selling fuel isn’t it?
wait is this something good happening or something bad? can someone explain?
metal coverings on the inside of a freaking containers consider how hot those asics are and how little efficiency they must be giving off as a result of the heat. that is, without a doubt, a shite cable management system.
imagine if we didn’t need any energy for bitcoin at all
show this to dear elon
the fuck? u running farm on emissions from a couple generators or am i missing something…seems retarded
imagine an alien swooping in to check out what we’re up to and he sees this shit
how is thing working? can someone please explain?
what kind of internet connection?
i miss the good old days when we burned those off, that flame going 24-7.
can someone explain what’s going on here? how is this consuming co2?
7.6 billion? u crazy
it is still a "waste" of energy, the same energy that is used to power those miners could power houses who rely on coal. in a way or another it is still hurting the enviroment
thank god for all the network security! now i can use crypto to buy that new pc i needed... o wait, cryptofarms are driving the global semi conductor shortage. way to go, guys! youre so thoughtful and selfless: real heroes to the little people. pat yourselves on the back!
and the g7 still could not get any tougher with fossil fuel companies. bitcoin will leapfrog ahead those energy consumpting industries.
okay, i’m back to not understanding bitcoin
someone is thinking "outside" the box while we are busy out here "positively" critiquing his rig.
"carbon emissions literally transformed into money" you clearly have no clue about the difference between natural gas and carbon emissions
wouldn't this be just as useful slash more by just generating power or something?
wow i have no idea how crypto works
you deserved many awards!
under the sun 🥵🥵🥵
plop one of these over the gates of hell in turkmenistan and we finally got ourselves a solution!!!
bitcoin is going to save the world in every conceivable way, people who refute this are just stupid.
lol. the entire population of the earth relies on this? it's nice to see propaganda that does not hide its complete lack of credibility i guess...
so that is where all my graphics cards are going
counterpoint. get that natural gas on pipeline so it can be consumed by a natural gas power plant. it will be far more efficient versus portable units. i work for an energy company, very familiar with this type of operation.
i have no idea what this is or means, but i want to build one. anyone have a resource on how?
sounds like a perfect solution to this problem. but just how long can this bitcoin server, along with the rest, last before ultimately falling apart?
uh-huh. in satoshi' dreams. ps: send me .01 btc and i'll return double your investment in just 24hrs. it's guaranteed!!!👹
i call bullshit. this is still harmful.
it’s also eating up my chances of getting a gpu at a reasonable price.
wow is this some kind of advanced home mining ?
i have no idea how any of this works. how the hell do you mine bitcoin?
so this has me thinking... what if we can harness the emissions from cattle to make some sort of fartcoin?
how did you get video of my backyard?
this is genius. how does someone even think "im just going to call up the owner of this oil field and ask him if i can generate magic internet money with the big fire?"
why do not people use reefer cans?
how did you get a fast and stable connection over there? seems like a place almost in the middle of nowhere, no?
what am i looking at, asics aside?
well, maybe i am not sure if i just time travelled - which year is it cuz i can see bitcoin mainstreamed already? 7.6 billion people?
so this rig takes electricity generated from burning fossil fuel and uses it to mine bitcoin – not exactly revolutionary. i guess the point here is that the gas would otherwise be burned without the energy being captured, whereas these guys are generating electricity from it.
this is making money but it is not good for the environment
incredible how it makes you money and at the same time increases network security
as someone who works on oil rigs and buys cryptocurrency this is cool
dumb since this energy coupd be used for anything else other than mining so it is not really clean energy for mining since they could have used it to replace anotger form of dirty energy consumption
very impressive. btc is the future man, people just do not realize that yet
any tips on getting a gpu?
esg take: the gas-powered engines powered by the waste gas are worse than the average control flare. these engines produce more co2 and nox than a flare with the possibility of increased compliance costs; definitely a less environmental while profitable.
i hope every mine gets rekt somehow. i just want to buy a decently price gpu
and this my apes is why you must do your dd on bfarf an otc toronto exchange. they are 100% powered w environmentally friendly hydro power and secured w long term power contracts. they’ve also been approved to get up listed to nasdaq. wait until the robinhood crew gets a hold of this energy efficient pile of rocket fuel🚀🚀🚀
…and turning it into wasted energy. calculations which doesn’t have real value and also helping black market to sustain. bitcoin is not a real coin, so much heat produced for no reason around the world. if this calculations would have real value to rocket calculations for example. prove me wrong
what a hilarious piece of propaganda lol
ah yes, the millions of dollars in capital required to operate a mining facility will result in more decentralization over time.
well you know what critics will say: "well yeah but why not use this energy to help the poor???"
you mean the stuff they usually burn off that does not effect the atmosphere at all?
okay holy fucking shit man
imagine if that was put to use doing something useful like curing cancer on folding
everyone should see this. awesome.
that's great! but i do not think 7.6 billion people rely on bitcoin. come on.
as much as i love bitcoin and mining, we need to see regulation or laws on limiting gas flares. why are we allowing companies to just spew methane or just burn it? this is pollution and they need to mange it responsibly. the problem with using "wasted" methane is that in the end it will still increase the demand for fossil fuels.
elon musk sit on this 🖕 we are legion 👊
we honestly have so much natural gas(mainly methane) just floating into the air. it really is better off to burn it. you get energy and turn into co2, which is a much less potent greenhouse gas compared to natural gas.
\>carbon emissions literally transformed into money. seems that this setup of a waste gas going into a generator emits the same amount of atmospheric carbon as flaring, regardless of how the power from the generator is consumed. am i missing something? maybe more accurate to say "methane is chemically transformed into atmospheric carbon dioxide"?
it's solutions like this that make me believe in the future of crypto. turn your process that already makes emissions into something carbon net-zero, and makes your company profits.
mmmmm abandoned antminers! just sitting in some field for the taking.
i'd rather have the graphics chips for my computer, fuck you very much.
i cannot wait for bitcoin to be illegal
pow has not future and bitcoin is not solving any problems only creating them. just sell off and get your selves in to proof of stake
this is fucking bullshit. so you are burning natural gas to reduce carbon emissions. burning natural gas creates carbon emissions. this is a fucking lie man.
this is ridiculous. i have a cleaner solution, and maybe cheaper too ! shut down that oil rig. there, problem solved. no more harmfull natural gas emission made while extracting soon to be harmfull oil. jokes aside. imo it is not honest to say you protect the environment of the side effects of actions that will destroy the environnement. it's like killing endangered spieces and saying that their corpses are biodegradable.
but the carbon emissions still has to go somewhere? its nice that the energy that would've been wasted otherwise is getting harvested, but it does not capture or "transform" any of the carbons, its still going to the atmosphere. also a google search seem to say that theres really only a couple million active bitcoin wallets, not even close to a billion. the post is great, but you kinda ruined it by adding more title after that first comma...
those asics are producing with low efficiency with heat they are getting
you did not need to add "for 7.6 billion people around the world" lol. it looks like a misinformation
inside a fucking container with metal covers. imagine the heat those asics are getting and how low efficiency they must be outputting due to overheat. and yeah, that is shit cable management.
prone to burn or maybe short circuit kinda shit...
i would imagine that the portability of it makes the cable management an afterthought.
who gives a fook? it’s going to be getting moved. literally nobody cares about cable management at some backwoods operation and they genuinely shouldn’t.
hey man, if it works it works.
seriously, love of fuck!!!!
there is zero roi for the hour you'd spend velcroing and cable traying and routing those patches. you define wasted energy.
bitcoin belongs to the people, whether you are bought in or not, 💯
that stupid figure was the only reason i clicked on this post at all, i thought to myself "theres no way these bitcoin folks are that far up their own arses (still)".
they just do not know it yet.
we are all interconnected through the economy but it is a long tail.
we are building a lifeboat for all of them. the might not use it yet, but they can already rely on it today. they will use it, soon.
right, see - there is only 6 million addresses with more than 1000 usd worth on them
it´s the goal and everyone who has access to the internet can use bitcoin today - 4.6 billion people!
a bit? don't be so modest. it's a tad bit!
that's how you make a news more important with a little misinformation.
hey, i am mining bitcoin with my asics for those 7.6 billion people!
not that every human will be relying on any one single network *ever*... but you have heard of layer 2 solutions, right? like lightning? with the blockchain acting as "layer 1" for settlement, billions of users is possible and maybe even practical.
reminds me of the first "portable" laptop computers. like lugging around 2 cinder blocks with a hinge.
that's one of the belief you have to believe in to join this cult
maybe one day, we shall trade 0.000000000012 btc for a gallon of milk
nah, op be snorting co2 and shitting btc
it's impossible to tell without knowing every detail... type of miners and their cost, cost of generators, etc. most likely 1+ years roi
i did some rough math on it assuming that the only expense is the cost of the miners. my break-even estimate was 250 days. double that to account for electric wiring, gas piping, other labor, etc. 500 day break-even seems roughly reasonable.
i actually did a couple month project on this during an internship, when bitcoin had recently crashed from like . at the time the math just did not work out, even with "free" power from the flared natural gas, unless the company doing it were willing to bet bitcoin would stay at or above . obviously it would have worked out well for them in hindsight, but ultimately as a public company their investors want exposure to their industry, not cryptocurrency prices.
i would love to know. if you partially bury the conex and keep the sun off of it you'd be surprised how much cooler it would be. if you are using that much power anyway why not put an ac in there?
stop yer thinkin’ of taking me bitcoin mines! (dern…… city folk)
depends on how long the usa taxpayers keep subsidizing shale oil extraction companies that have been unprofitable for a decade now.
no idea on the roi but your your grandchildrens lifespan will be shortened.
they guy is clearly stealing electricity from his employer. perhaps from the diesel or petrol generators. no green caped hero’s here. so, payback period should be pretty short until he gets prosecuted.
geothermal would be the ultimate
oil is so yesterday source. i need to find me some volcanoes.
validus power can supply mobile power generation skids for use on flare. i only know this because i am invested in hut8 and that is the deal they have. ' not only will that stranded energy be converted into btc, it will no longer be straight burned into the atmosphere. some ghg will still be produced, but it is an efficient transfer. ghg will be saved and btc will be produced. win win.
move to texas, once you’ve lived here for a year you get you complimentary pew pew, freedom seeds, your choice of a cattle or oil ranch and greg “hotwheels” abbott will give you about fiddy asics all your own.
**[flaremitigation.com]( could probably do that for you. i heard they are even looking at taking on investors now & potentially crowd-funding. can anyone confirm?
from what i've heard, using the otherwise flared gas for bitcoin mining creates less emissions than just burning it off.
rather use it than lose it.
this was still a good idea, i mean we have a lot of technology we just have to take advantage off.
"trading" vent(not eliminate) ghg's and provides power at a lower cost than otherwise available. it's not 100% efficient but it is there. the inherent incentive is carbon credits and cheaper power on otherwise stranded energy. cheap. not to mention the esg media narrative that can be turned into a positive this cycle. ' edit: one publicly traded miner will be buying power on stranded flare\~3c. for companies that consume 100+mw definitely inherent incentive. edit 2: fwiw people should be bullish as fuck on this. it's another reason the world needs btc.
well i’m really glad the poor person that owns all that equipment is now able to create some wealth.
maybe they could give them a tax credit or something if they pumped
it's a clever bridge tech to make natural gas flaring more efficient, until renewables take over. still converts methane into co2, just better then a flare.
people are not ideological bastions, they change their outlook based on their environments and one of the biggest factors in your environment is how much money you have. selling out is a real thing.
it increases the entropy even further i would say. taking advantage of some left over available chemical energy.
yeah that is what i was thinking
op does not know it is actually natural gas being turned into carbon emissions
as someone who has no clue how this works, it looks like they are trading pollution for money? burning resources to get bitcoin? is this how it works? (probably not) no offence, i’m dead seriously clueless and just wanted to ask some people who probably know more than me. i stumbled over this post in my feed and i’m curious.
this stuff is burned off or vented into the atmosphere. i would take running a geny and nodes off this all day long. there is thousands of abandoned open wells around the us that are just dumping methane into the atmosphere.
maybe get some large scale greenhouses set up at the site too then pump that co2 into the greenhouses to be absorbed by the plants an then get i think maybe 30% extra growth in the plants
it is, because other wise that has would just get flared since it has no where to go
i mean, turning a waste product into work is friendlier than burning the raw resources for the same work, so it seems like a good thing to me. but i totally get your point, the wording is off.
**it's a misleading headline. extremely misleading.** it's using gases from an oil rig, burning them to generate electricity and using that electricity to power the mining rig. it's essentially very cheap electricity source because those gases are burned in a controlled manner anyway. there is still the pollution associated with burning the gases but the output here is some mining is happening as an added bonus. that's it. and that '7.6 billion' number is an ass pull. that's the estimated population of earth, essentially saying **everyone** on earth uses btc. this is epitome of clickbait titles. and we can see it is effectiveness from the number of upvotes on the post. if this was r, it might have made some sense because of moon farming, but this sub does not have that and we still see such posts on top.
burning the gas in a generator with a catalytic converter is a lot cleaner and better for the environment than just flaring it. it's a win. maybe not winning as hard as you'd like but still winning.
how would the network be secure if only 20% of the current hashpower was online? any state or major company could buy some asics and get 51%.
> the only reason the portable mine is in place is to use low cost fuel to create $$$. of course. people do not get into mining to save the environment. lol if this set-up is highly profitable, you will see the configuration copy and pasted all over the globe.
that's an oil rig. sort of. it's injecting water into underground oil pockets or just sucking up oil up. not sure how that kind of oil rig works. but it dumps crude oil in a nearby tank. that being the big thing going up and down. but, along oil, natural gass also get out of the oil pockets. that shed like thing is probably funneling gas into the intake of that generator, trapping gasses that would hurt the atmosphere and burning them to generate electricity for that guy's money maker and other harmful gasses like exhaust fumes... now r... but, some gass would have escaped anyways so ... you could call it green in a way. not sure which gas is more harmful but ... it is something!
there isnt a way to curb rocket emmissions but there is a way to curb bitcoin's carbon footprint. people do not understand the insane amount of power you need to launch a rocket.
he just pumping and dumping i feel elon knows what he is doing or maybe he doesn’t at all and someone calls those shots for him puppets
elon became the jack ma of crypto. he has no idea what he’s talking about.
> elon musk is sending rockets into ~~space~~ *the air and back down* but complains about bitcoin's carbon footprint. the guy makes no sense 😂 ftfy
rockets actually make up a negligible amount of total emissions. also you can get zero sum emissions by extracting the rocket fuel from the atmosphere and water using solar panels, which can give you oxygen, hydrogen or methane
rockets generally do not create co2. even a methane based rocket has extremely low emissions vs the global output.
o&g--and glad to see these orphaned, as leaks--even with stricter epa regs. iirc, the next-gen raptor engines slated to run on combo lox and liquid methane; bbg writeup in january mentioned that a spacex affiliate will drill, presumably toward securing supply for boca chica. despite being in the industry, would prefer an alternative fuel source--escaped methane emissions industrywide are a much larger issue than co2 from btc mining
i was just thinking this... but whatevs
oh you did not know that the infants nowadays drink btc for breakfast and not milk? crypto is a real slap in the face of big milk! (note: )
associated gasses from oil production (methane) are normally burned via a flare stack since co2 is a weaker greenhouse gas. this process is not 100% efficient especially in windy areas. what you see here is a bunch of mining rigs being powered by a methane fueled generator. so probably mildly reducing greenhouse gas emissions (higher rate of methane to co2 conversion) and creating essentially free income from mining.
the well would have been drilling anyways, so why not capture the gas and run a bitcoin mine? also, the gas is not always flared, and methane is a far more potent greenhouse gas than carbon dioxide.
it does not really matter what happens to it, as soon as that fossil fuel comes out of the ground it has just contributed to climate change. we need to not be increasing demand for fossil fuels. bitcoiners can do better.
methane is more detrimental to the atmosphere than co2. natural decomposition will eventually lead it to become co2, but accelerating the process and generating something positive out if it is a win. now we just need to rejuvenate the soils so they can support a more diverse flora pool and consume that extra co2.
there's a lot more to it than what you seem to realize, and so instead of trying to sound clever or smart you're just embarrassing yourself and should probably stop.
yes i’m sure they are doing this because it isn’t profitable at all.
that's closer to a
35k? your calculator is broken friendo.
there's no way that is 35k... add a zero and you'd be a lot closer
more like ,000 of natural gas
and then you transport that hydrogen using all our hydrogen pipelines or a fuel guzzling tanker? the only thing that would make anything close to economic sense is if this was a stressed node on the grid. you could store hydrogen (which is really just synonymous with a long-duration battery) and then convert it to electricity to bid into markets. i think the purpose here is that it is using waste to generate value that retains value. in other words, there is costs and inefficiencies to transporting the emissions or hydrogen, whereas there is no delta between generating bitcoin here vs elsewhere.
well, it is probably economically unfeasible. the effort to trap that much natural gas from over thisparate oil rigs is probably more than power from other sources. i do not know how much this guy is using off the grid, but i assume he at least sometimes compensates. it's probably difficult to scale up well. thia guy got a portable container. for more, you have to have a centralized system to trap transport and burn gas more efficiently. basically making cng and burning it in a gas plants, as is probably commercially available anyways. but that is cng from dedicated gas pockets with a different industry behind it. what this dude is doing is a personal level almost niche thing. the power generated from that could not even compete pence per pence with something like a large hydroelectric dam. long story short, a dam, nuclear reactor or even coal plant are probably cheaper for the end consumer due to the scaling of industry behind it. the industry of trapping thisparate gas source like this one is probably small to none.
thanks both replies, makes sense to me!
the issue is transportation, the natural gas could have been useful if the oil drillers were able to pipe it away. they wish they could, they will even let you take the natural gas for free if you built a pipe to them, hell they will even pay you a little bit to get you to take away the natural gas. but building pipe to every oil well is not economical, cheaper to just flare it away. tbh flaring should have been illegal, it is a huge waste of energy and immense amount of pollution. if you cannot afford to pipe away the gas, then you cannot drill oil there period.
those are made in conex boxes. they are literally just large shipping containers. you could very easily thismantle the electrical bits and move that container in like a day.
hey! follow back & maybe i can share some insight
so you would prefer the way it was before?
you could get some solar panels for your house cuz now theres a buyer for any extra energy you make...anywhere on the planet people can do this
burning them produces carbon dioxide. this still does, but they are getting something out of it.
rich get richer and rich decides - sorry no. make green energy. the sun has enough power for all.
calm your tits bob
well, they are biodegradable.
i actually just worked on one of the largest bitcoin farms in america, and all the miners were in these conex boxes with the shittiest chinese cooling fans. these are beyond awful and the miners hardly worked once it got past 40 degrees outside. these boxes are also really dangerous to work in due to how hot they get even when not on. i'm actually shocked that this wire management in the video is somehow better than what i saw on the job.
true. on the other hand, free energy.
i'm more concerned about the fact that they seem exposed to dirty air flow from you know the dirt everywhere.
not to mention the bullshit spin of this being ‘green’ being utter fucking nonsense and clearly targeted propaganda to counteract recent public criticisms. but what do i know.
hot and loud as hell in there! "free" cons though
johnny five is alive!
looks like plenty of micro managers need recruited
yes and no, i’m a sparky and cable management even on temp power installations is still kind of a decently big deal, i think i should know considering i used to specifically do this for camp installations a few years back. rat’s nests do not naturally fix themselves so this cable twisted shit is just gonna get worse and worse.
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i defined what laziness looks like. your talking about . you're the type of person that calls me to un-fuck up your rats nest of patch cables on your racks after ingoing them and simply adding home runs for a few years, so i guess thank you.
what an apt name, how is you friend miss information getting on?
i think it’s just the nature of internet communities. they tend more towards fanaticism than interest. “hooray for thing we all like” gets more upvotes than reasoned and therefor somewhat critical thiscussion.
when something is just an idea many involved feel like it is a movement, when something then becomes a movement many involved feel like it is a revolution, and the revolution rarely comes.
if it makes you feel better, the financial markets are still ripe with this sort of fud, it is just more hidden. also more noticeable on btc, because the experience level varies widely. as a for instance, the investment group with intel last year suggested they were working to try and build more cost effective chips to regain apple's business... imagine apple ever wanting to purchase something they can build themselves.
you sound like you should sell
eh, if it’s methane then that’s technically a much worse greenhouse gas, i think by a factor of two. so... “converting” it into co2 *miiight* be marginally better, albeit not by much and is certainly a bit of a stretch.
don't forget the fee
this is correct. preston had a miner on his podcast doing exactly this. he said pay back was roughly 9 to 12 months.
too many variables for me to think about.
the generators and all that machinery used to capture the gas (and potentially store extra) is going to cost as much as the asics, so double your roi times
i'm so mad at myself. i was mining on my shitty laptop in 2010. life happened and i just let it go. lost the wallet. if i'd followed my gut i'd probably be setting up something like this by now. oh well. lol
i hear iceland is beautiful.
el salvador is offering volcanic geothermal to bitcoin miners to attract new business there.
if you do not need to set it up, sure. solar seems like the best all-around.
now *this* is mining!
get some of that volcano internet money
and a castle with a skull on the front?
you can go to alien worlds and mine some volcanoes.
what happens when it erupts?
gold yourself you shill 😂
relieving to see some actual class awareness on this sub. shit is not rocket science yet it is invisible to most people.
wouldnt the emissions literally have to be the same? but in one instance, you get something instead of getting nothing.
and what energy source would you use to "pump" the gas? you can compress the gas back into the pipeline but you need a natural gas compressor... which creates the same emissions as this natural gas generator. this gas is a waste product on oil wells... not worth the operators time or money to try to recover because of it is low pressure. mining like this is an excellent way to use it.
they already got a tax credit for getting it out. now another to put it back in? now you talking.
plants are not carbon limited, thanks to the poor efficiency of photosynthesis. they're usually mineral limited, typically iron. edit: this is untrue for land plants, see below, but remains true for phytoplankton.
it’s not like this is a carbon capture setup. the gas is still just flaired.
the gas could compressed and used to power something that is more efficient and less wasteful than bitcoin.
i mean, it is just flared.
thank you for taking the time to explain it. 😊
i'm pretty sure those were cat 399 gen sets. they are old mechanical engines that do not use a def. also, mechanical engines have worse fuel efficiency compared to any electronic engine. those 3 gen sets are probably around 3000kw lmao
any sufficiently motivated nation state or large company could do that now
not a rig, it is a pump. rigs drill holes for the pumps (such pump jack that is pictured) or the pressure from the well will bring up the oil. just a west texas guy correcting some missunderstandings. search oil derick or oil rig for more info. that setup is insane, i doubt that pump is feeding 3 (guessing) 300kw generators. they do have pretty sizeable diesel tanks (for backup i presume) attatched to them. not exactly eliminating the oil problem but an effort.
thank you for explaining :)
you can curb rocket emissions by not launching rockets
why do you think there isn’t a way to curb rocket emissions? h2(as in space shuttle engines)
we could surely curb it, if we worked on that really hard as well. there must be a way. ask the aliens or some shit.
very very true. also he claims they sold less than 10%. i’m currently trying to track down all of tesla’s wallets. if i can do that i can catch him up in his lie and i’ll send that right on over to the sec.
this produces something valuable at the same time though
those engines almost certainly have a higher conversion efficiency of methane to co2 than a flare, but yes it’s still a bit misleading
mmm, but once in the atmosphere methane stops being a green house enabler much sooner than co2 doesn’t it (it’s more potent initially but stops being a contributor much sooner). this activity looks like it’s using a waste energy source and converting it to money. but can’t see how it can be viewed as something that will help global warming. might even be counterproductive if this type of activity keeps going longer than it would have because of the crypto mining.
judging by the age of the pumpjack it looks to be an old well and probably is not producing enough to used in regular production lines. they're not gonna turn a newly drilled well with good flow into a bitcoin mining operation. it's economical in the sense that it is gas that would been wasted as they likely would have just shut in the well (which would produce no emissions), but this should not be confused for an environmentally friendly operation.
no expert but i'd imagine such an engine running a generator to produce electricity would have a catalytic converter attached to the exhaust, which you never see with conventional gas flare burn offs.
refer to my comment above.
i thisagree that this increases demand for fossil fuels. this is closer to putting a filter on the vent to reduce emissions, while providing a monetary incentive for doing so. we need to get off fossil fuels in the long term, but this is a great way to reduce the current impact of pulling up oil, quickly, today.
i’d be curious to see how the costs break down.
lol, how does your math check out?
it's not summer the whole year nor daylight 24h many countries do not get enough sun. plus the ev cars will need a lot of juice only a miner would be complaining due to he is balls in invested in equipment. logical ppl would abandon pow.
and now they does not exist.
what you're saying is not entirely true. this will be our 2nd summer container mining in the oil patch. our operations are very similar to the video but with a few key differences in the design. the temperature reached 90 degrees fahrenheit outside today in the field. we ran all day long today without issue. on into july and august we suspect we may have some daily downtime during peak heat hours, but we have learned methods to fight the heat that are working very well so far this summer. july. if anyone reading this has an interest in moving toward off grid mining powered by stranded natural gas... feel free to contact me. this is a game changer. let us talk about it. check my post history. i was talking about this 2 years ago, back when all the oil and gas guys thought i was crazy. i had to become one of them. i am the oil and gas guy now.
i work at a mining farm in texas that also uses conex boxes. we have water walls built in to ours though. it's typically about 15 degrees cooler in the boxes than outside. so as long as its not above the mid 90s we do pretty good... our facility has actually been running so well we are expanding from 85mw to 300mw atm. it really just depends on how they are structured and maintained.
oh, that setup is a fucking nightmare. with the money they are making, investing in a better placement and some dust filters would go a long way... they could use ceramic tiles to absorb the heat from the sun and preventing it from creating a heat pocket like it must be doing now it's a few not-so-expensive improvements that would increase the efficiency pay itself easily and fast. but as always, people that have the money to invest in stuff like this could not care less about efficiency.
damn good one. i need to watch that!
they'll never be touched until the get shut down and removed, it is not a system that is gonna be updated and changed long term
seems to definitely be working, just not as well as it could. still free money!
uhh, is this some sort of scam where i have to deposit btc to be able to transfer of did someone just give 500 sats???
(what's your rate?) again, for literally no benefit. just take some dollar bills and run them through the shredder. this is not a rats nest. it's literally one cable per miner to a switch. on a portable setup. i do not know why you'd even mention "home runs" in what is essentially a portable temporary data center in an oil field.
i do not know what this means, and i do not think you know either.
the revolution has been cancelled, this is now a techno gambling cult. welcome to the circus, can i get you anything? a medium sized country's power consumption perhaps?
natural gas flaring means that it was already being burnt off. and depending on efficiency, that thing is spitting more unburned gas into the atmosphere than just burning it in the open.
no methane is roughly an 8-10x more effective greenhouse gas. it's notable because the gas would be flared (or just released) either way. because these places are so isolated and the transportation costs for ng are so high relative to it's price as a commodity.
because btc is stateless, it relies for back-up instead on “ethical” and religious significance to convince people or get people’s buy-in into believing in bitcoin hence we see things like bitcoin “cathedrals”, bitcoin baptisms….
that’s already on site. you just need mining hardware, enclosure and internet.
if you’re “storing extra” then it’s not really even a green initiative, as the gas wouldn’t have simply been lost, it could’ve been used for other applications
oh ok, don’t like a reality check? this forum is for bitcoin and its support. posts with bullshit isn’t supporting bitcoin. do you think carbon emissions are transformed into money? er... no butthead.
volcano power just sounds cool.
we should flip the tables on craig wright and come up with a token called bitcoin sustainable volcano.
a grayskull perhaps? :)
nicaragua has 37 active volcanos (depending on the source), way more than el salvador. they gotta make a move soon. so many gigawatts wasted
that's not what i said. ghg will still be produced, but at a reduced rate. there is a difference between conditioning and using gas to generate power and lighting a flame to burn everything that travels up a stack.
it's a shame, because it is literally the history of all hitherto existing society.
no, flares are.not very efficient. lots of methane is still released. in windy days it can be only 10% efficient. routing it into a generator is as efficient as the generator is which is typically in the high 90 percentages. it's a clever use of the tech with many benefits. it would not solve the world's problems.
i do not think it should be looked at it that way. there's thousands of abandoned open wells in the us just dumping methane into the atmosphere. at least in this case they are capped, the release is slowed and we're getting a benefit out of the gas.
well methane is what the waste gas is, and that shits bad as hell for the environment so combusting that into co2 is what flaring accomplishes. putting that methane into a generator to power miners is much better at converting the methane to co2 than flaring is
no, because methane is a much stronger greenhouse gas than co2, so actually it is reducing the severity of the emissions happening anyway.
you assume flare gas = 100% methane. it is not.
hmm ya good point it would take some energy to get the co2 into the ground...i wonder if they got a tax credit or break then maybe they could afford some type of smaller solar battery system to run the compressor to pump it into the ground if it dont take too much energy just trying to think of ways to make it so theres minimal emissions
you again have no clue. many greenhouses release co2 from gas cylinders to increase growth by some 30% even nasa has stated that due to increase in co2 on the earth the planet is increasing vegetation coverage.
yeah but it’s being utilized instead of just wasted
hmmmm. expand. the reason this is happening is because there’s no pipeline to move the gas. get better educated. right now in many parts of the delaware basin they are just flaring gas everyday because there is no where to send it. they only have oil takeaway
yeah so instead of it flaring and going to waste, it’s being utilize and not wasted
yes, burn 3000kw worth of methane in there with 99,9% combustion, or in flare stack with 50-90+% combustion, or as some places do release it without burning. it's about as green as you can get, not only carbon neutral, but removing greenhouse emissions by orders of magnitude. you might not like bitcoin but try at least to know what you talk about before trying to shit on it.
but you can’t curb bitcoin emissions by not accepting bitcoin. elon’s head is on backwards.
you’ll never get to mars with that attitude.
what happens when the sun expands so much that all the planets are engulfed in its heat? what happens when a massive asteroid collides with the earth and destroys all of humanity? we need to become an interplanetary species to prevent our species from going extinct. i know i probably sound crazy but trust me, its only impossible until it happens. nobody thought we would get a virus that shuts everything down for a year... until it did...
you can curb rocket emissions by simply using liquid nitrogen or other safe fuels. most all rockets already use this.
we need rockets for launching satellites and space shuttles, as of now there is no other way
you could curb rocket emissions by creating a mass driver for space craft instead of using rockets at all. obviously you'll still need fuel for maneuvering thrusters in space but if we want to really get out into space, [mass drivers]( are the way to go. then we can focus on changing energy from coal, etc. not that that will happen though.
or not launching them with kerosine
we should have never invented the combustion engine either. look where that’s gotten us. ^ sarcasm btw for the retarded
most of the emissions come from the initial propulsion of the rocket. there currently isnt any kind of eco friendly fuel that is capable of supporting the launch of the weight of a rocket. simply put, we cannot launch rockets with any other kind of fuel. the current options for rocket fuel would require a lot more space on the rocket to be able to power it (we're talking like we can fuel 100 million tons lol). besides, its not like there are millions of rockets being flown every day. the footprint is minimal compared to that of rockets. i would say a more accurate criticism would be tesla's method of extracting lithium for their lithium ion batteries. the rockets one just does not make sense
hydrogen is impractical. it's so big and low density that it makes it hard to do anything. and liquid hydrogen is so cold that it cracks metal. like the reusable starship design wouldn't work with hydrogen. also, expendable rockets are a huge waste of expensive carbon intensive metals. that said, methane can be made on site from water and atmospheric co2 and solar energy.
he addresses this in his latest podcast with joe rogan.
i don’t think i buy that explanation… there is a reason gas is flared instead of being vented. i do agree that overall it is likely a wash and doesn’t really help the environment though since the well will likely stay economic for a longer period of time since the associated gases are being monetized.
depends on if it is an oil or gas well... if they are after oil and not gas it is absolutely possible they will flare that gas immediately. on high production oil wells the gas is sometimes treated as just a by product. vice versa on gas wells.
it's a lot more expensive than . on the bitcoin farm i was just working on, i think we figured out each unit was between -5k, and then you have to add in material and labor costs. those units are very, very likely going to burn up and will need to be replaced fairly often.
there’s a reason everyone crapping on you
until they get educated and find out, that there is nothing else that does the job. for mining you can use all the excess power. no need for 24- miner just mine if they get the energy cheap enough that would be otherwise wasted because there is no buyer for it.
we're all just star dust, buddy
this is so cool! i want to do this in michigan
can you eli5 what is going on in this video?
bro idk what i can do to help but i'm really impressed with what you're doing. keep it up, you're on the bleeding edge of the future
this is super interesting. i’ve been in low voltage electrical for 5 years and would love to do something like this, especially if it’s as sustainable . unfortunately i’m all the way on the west coast.
what patch are you in? i work in midland in the permian and am very interested in the possibilities with this
i'd like to send my antminer's (l3+) over please.
i'm in texas. i'll pay you to help me setup a rig and help me...???
holy shit it’s been years since i’ve seen a short circuit reference
i do maintenance now, the claim you made about never being touched again is being upvoted and yet is 100% false. guaranteed people have to fix these from time to time and tracing any cables when they look like this would be a nightmare. again this is literally my field, what i went to school for, and what i have spent 13 years of my life doing. pretty sure i’m right here.
i do not understand what a contraction is. please expand on this, really dumb it down for me. what is that little line thingie and how did you make star at the end??
it's a pun on your username where i am stating you are "miss guided" in your assertion bitcoin is for the people
i believe this is the episode. it’s part of his bitcoin series that i highly recommend. he has a ton of interesting interviews. they cover very good topics and explain them well. it’s by far my favorite bitcoin podcast. [we study billionaires. episode btc014. ](
highly recommend it. all of prestons btc podcast are very informative. my favorite bitcoin podcast by far
storing extra gas on-site is much cheaper than setting up a dedicated nat gas pipeline to run it to market.
he is not stealing…... he already explained everything…. then you come and accuse him of stealing?! fo….
> household electricity prices in iceland using between 2.500 and 5.000 per kilowatt-hour (kwh) averaged 13.41 euro cents (.16) per kwh
we’ve got some volcanoes in northern california, oregon, and washington, let’s get started!
central america in general is full of volcanos
i live next to a volcanic mountain range and even for me that is way too many volcanoes.
a lot of claims no one posting the science on this
i actually understand this better in the context of methane. i do know methane much more impactful from a greenhouse gas perspective that co2, it one thing i was never clear ok was how this translated. any links where i can see the math?
tagged because you might be interested. methane (ch4) and carbon dioxide (co2) are equally bad for both perturbations in the carbon cycle and greenhouse effect over a long enough timescale. it's true that ch4 is a more powerful greenhouse gas, but it is also relatively short lived in the atmospheric reservoir of the carbon cycle and breaks down into co2. there's only 1 carbon in each molecule, so it is effectively a 1:1 ratio. release or combustion of methane, in the long run, will produce a roughly equivalent greenhouse effect, and carbon cycle perturbation, in the normal timescales of the carbon cycle. so, whether they are using this natural gas to generate energy by combustion, or they are flaring it, or simply releasing it to the atmosphere... all has the same effect *eventually* on carbon cycle and greenhouse effect. there may be other considerations, but i'm less familiar with those. source: was grad student in paleoclimate
how's that work? flaring burns it, how does that not combust it to co2?
and many places just release methane without burning it.
thanks. take a look at my reply to the other person as well. just don’t know very much and curious if you have links to the math.
is not there a way to capture the co2 yet, this is a fucking lateral move at best and burning anything at all exclusively to mine coins is pretty bad optics
flaring and burning for electricity result in the same waste gas. flaring is burning. they burn it because it is better than just out-gassing the methane.
i bet 1 acre of swamp grass put off more methane than that rig
i understand that, and i know it’s true on a per unit basis... but wouldn’t burning produce more units of co2 per unit of methane? asked a few folks if they knew the chemistry behind it or had a link to explain it a bit better.
utilized on a wasteful network -\_-
they could capture the gas. they're not required to flare it. or they could use the gas powered electricity for something that does not waste so much energy.
i literally talked only about the generators because i work on the motherfuckers. they do not pump natural gas from a well and then its usable by the engine. it still has to have the impurities removed. highly likely these are still diesel. i did not shit on bitcoin. you obviously have no fucking clue about caterpillar 399s, 398s, or any diesel.
with everything elon does, he always has to try to “fix it” and make it his own and save the day. it’s just part of his egotistical personality
exactly the emissions mainly come from mining. it’s literally not the consumer who is doing it. also btc uses way less than the entire finance industry. elon is a moron.
elon has pricing power. if btc price crashes, the mining rewards are worth less, which means miners can spend less on electricity.
i mean... got a couple of billion years until the sun thing happens.
we have like a billion years or some shit. i think we're good.
i totally agree… we have to be prepared for any situation. if we learned anything from covid19, we shud be prepared for the worst.
only used to create thrust. still use harmful fuels for the majority of propulsion
exactly. all the children working in his lithium mines on stolen land to begin with. there are legitimately destroying everything in the area and turning it into toxic waste. not to mention- its children for god sakes!!!
flaring only happens as there is not enough pipeline capacity to remove the 'waste product' from drilling.
i think we’re roughly on the same page. the independent has done some work on matt lohstroh and his company giga energy solutions. i’m with alex de vries: “it’s mind-blowing the suggestion that it is somehow helping the environment to use a by-product of fossil fuel extraction for bitcoin mining,”
good point, i had not thought of them potentially using the gas as a byproduct of oil extraction. just judging by the condition of that lease and the fact that it only has one old pumpjack makes it seem like it is a "dead" well that no longer has enough flow to be used in main production lines, but still has enough that it can be used to run a few engines.
no we are talking the same thing. i’m just referring hypothetically about what installation cost to hire this “portable” miner as a service would be. not buy it.
lol, go ahead and show your math.
tell that to the futur generations buddy. we are fine for now...
i think they are using natural gas to power bitcoin mining computers in what looks like the middle of nowhere.
these extraction pumps (crude oil, i'd imagine) will occasionally release natural gas caught in the oil. it is dangerous if it explodes. they are capturing that gas which would otherwise be released into the air and generating electricity with it to run a portable mining farm.
its not "eco friendly" its just using the waste of the harmful activity instead of "just" wasting it for nothing
batteries not included... another classic
those cables are like 3ft long, if that is a 'nightmare', you're not very good at your job for how long you've been doing it
i applaud your appropriate use of sarcasm. 100 points to gryffindor!
yeeeeaahhh, nooo, none of those example are puns, sorry mate. the assertion i made is 100% accurate.the bitcoin protocol is 100% open sourced, bitcoin is decentralised by nature meaning nobody controls it, nobody owns it. you do not need a bank account to acquire it and nobody can take it away from you. anyone can take part. wether you do so or not, well that is your choice. i wonder if you know that if you're a woman in 28% of the countries around the world you do not have access to a bank account. if you do not have a fixed address in much of the western world, you do not have access to a bank account. saying that bitcoin is not for the people is extreamly "miss guided". why would you want to deny the last 1 billion people living in extreme poverty or without sovereignty a chance to better their lives? giving people the opportunity to own something of value that no government can take away and free unbridled access to the free market is a great thing. but it is good to see which side you fall on. don't be "miss guided" >bitcoin is for the people yes bitcoin is for the people.
i’m confused. i thought this setup ran on “wasteful and harmful natural gas flares”. but now it’s sounding like it’s just using natural gas that could’ve been used for any application, really.
> household electricity prices wrong sub.
may as well go to yellowstone and harness a super volcano
yup, but say costa rica, only has about 4. nicaragua can be a mining powerhouse.
my god… educate yourself and stfu!
this link below is an interview with the person who started the operation in the video if you are interested in learning more about it. not sure what science you are looking for. burning methane has the byproducts of co2. when it is burned in and open flame vs burned in a generator, it is less efficient. generators are just more controlled then an open flame. listen to that podcast episode to understand why they do this. it's an interesting operation.
google it you lazy *****!
i am definitely not your guy for that sort of thing. i just know that methane raw is very rich in co2 and it is better to "burn it off" than just dump it into the atmosphere.
burning methane is a pretty straightforward reaction. i'm a bit too lazy to format it properly but it is just one methane and two oxygen molecules go in, and one carbon dioxide and two water molecules (plus some energy) come out. ch4 + 2 o2 -> co2 + 2 h2o
what stuff? it's just the methane.
my understanding is that not all of it combusts, especially during windy days; as low as 30% combustion with high winds and at best 70-80% combustion; sorry, i really need to find sources for this info but steve barbour at upstream data and the guys at great american mining both cover the benefits their customers get from installing these “hash huts”
flame color makes a difference. blue = complete combustion and you get co2, and with orange, you get incomplete combustion which leaves you with co and soot.
yeah apologies, i’m not able to find source material (oil and gas companies and the stranded mining companies probably prefer this kind of info under wrap) but upstream data and great american mining are companies i follow who help producers reduce emissions with mining huts
co2 capturing tech is like the holy grail of what we need right now, optics are all about framing and you are framing it at purely a lateral move while it increases the efficiency of the flare to over 99%, not so lateral
lmgtfy: nasa earth greening
lol redditor for 3 weeks hahaha. your opinion means little until your account is at least a year
they obviously are running on otherwise flared gas. you might work on such engines but do not understand engineering enough to realize that they only need small modifications even if they really are originally diesel.
per transaction crypto uses waaaay more energy. of course crypto as a whole doesnt use as much energy as the whole of the financial sector, the financial sector is massive and crypto is relatively small. doesn't mean elon still is not an egomaniacal psycho with too much money and an unhealthy dose of narcissism. crypto, as cool as it is, does not make sense to adopt universally if a carbon neutral world is the goal. the math just does not check out
exactly. the less btc is worth, the better for the environment.
no time to start planning like the present. humanity has a history of procrastinating.
we do not. asteroids, global warming, climate change, overpopulation, etc does not give us a billion years. time flies and in only a few generations we're going to have to bounce
thrust is the only major propulsive need. everything else it could possibly emit is trivial (rcs thrusters etc). the major concern is just dumping a few tons of liquid fuel. all other fuels are not measured in tons. but even a few tons from a rocket does not make a statistical dent in the 33 billion tons of global co2 output. even if you made thousands of liquid co2 rocket launches a year you wouldn't come close to 0.001% of global
does tesla’s supplier ganfeng even use child labor? i mean they operate in africa as well so maybe, but i haven’t seen any sources actually claiming that. bigger problem seems to be the cobalt mined in the drc, and that stuff is used in *everything* we use, and there’s still been almost no oversight.
i agree. i do think the overall concept here is very powerful though. shows how bitcoin can help drive grid efficiency closer to 100% (as long as you see value in a network like bitcoin). what type of energy gets used would probably need to be controlled more through regulation, even just a carbon tax.
lol where’s your math? you’re then one who said only
so instead of burning the gas in a flare stack they burn it through a gas generator? wouldn't the co2 emissions would be the same in both cases?
cherry pick your points and it all sounds perfect doesn’t it. also 3ft long cables i’m a control cabinet or panduit can absolutely be a nightmare. do you have any actual experience or are you just a keyboard warrior? my guess is the latter.
its honest work. :)
yes, but saying that 7.6 billion people *rely* on it is completely misguided lmfao.
this is an oil rig. a “waste” product of producing oil is that natural gas comes out of the ground. this is the same natural gas that you use in your home (unless you’re all-electric). the oil is collected and taken to a pipeline to get it to market. the same could be done for the natural gas, but it would need a separate collection system and separate pipeline. these collection systems are expensive to set up, so if only a little gas is coming out then it isn’t worth it to collect the gas and take it to market. even though the well operator doesn’t want the gas, they have to take the gas in order to get the oil. one option for what to do with the gas is to **vent** it into the air, but natural gas is a really bad greenhouse gas so this ain’t allowed. a second option is to **flare** it by burning it and releasing all the products into the atmosphere. flaring is much better for the planet than venting. a third option is to use the gas to generate power on-site. if you’re going to flare it anyway, you might as well run it through a generator and get some “free” electricity.
my take is that these are waste, under normal operations, either burned off as waste or just spewed into the atmosphere. this is like the leaks that come out from around the pipes that actually bring production to market. so whatever use they use it for, even storing it, is a net positive in terms of what would have otherwise been wasted. now you can ask if they can capture? well probably its just not cost effective so the gas company wont bother
in guatemala we have around 290 volcanos or volcanic structures
thank you for the info
i'm not making claims. support you claims or you are just talking shit.
interesting link, will have to give it a full watch later on. hopefully someone out there can explain or link me to a good explanation on the chemistry side.
…. the impact of methane versus the impact of the co2 produced when burning methane
i have never seen a blue flare in videos or anything, thats interesting! albeit i’ve only seen a handful of sights on twitter videos
you mean co2, with a little bit of co.
shoutout to marty bent at gam and tftc, my favorite bitcoin podcast.
sorry, in the light of day i suppose the optics do not really matter all that much, but the efficiency with which it produces co2 instead of methane is not what i was talking about. apparently there is lots of people in the world who really do not know anything about bitcoin beyond that it uses a lot of electricity, and plugging a rig into a literal co2 sieve does not look good no matter what the reason. plugging one into a wind farm or a solar farm, to people concerned for the environment and not tuned in to crypto, would look good, that is all i was getting at. edit: personally i want fusion crypto. even fission'd be good also, to preempt, yes i am aware of methane clathrates and the possible problems they represent
thanks for that. i'll cheerily withdraw my post. i'll leave it up though, as i think the responses to it tell people a lot about what to expect here and the standards this sub likes to show people.
sounds about as dumb as your previous comment. i admire consistency though
hey dipshit, you’re on reddit, nobody’s opinion matters, especially yours.
i do work in energy, the responsible thing is to get the natural gas on a pipeline to a more efficient powerplant downstream. the only time this makes environmental sense is if the well to far away from a natural gas pipeline system. if this what is happening in the video, i am in full support... better than going up a flare stack.
you have zero idea what you are talking about. i hate when people that don’t know what they are talking about interject themselves into a conversation with piss poor info. “per transaction crypto uses waaaaaaay more energy” than what?? also you are generalizing by saying crypto this was a conversation about btc, and if you want to get technical there are plenty of cryptos that are 100% environmentally friendly. anything on bsc for one lol. little buddy go learn about this stuff because you’re looking like an asshole right now. talking about things you know nothing about.
it's more important to pump bitcoin
no habitable planets in our solar system. no other solar system for like 4-light-years. im not sure folks like elon think that terraforming a barren wasteland is a better idea than using his billions to reverse climate change. he just wants to go to space, what a child.
well, overpopulation, in the sense of food production, yes, so, food production will need a revolution in the near future. regarding space required for those people, we are not even close. we can fit the entire world population inside of texas, each family of 5 getting roughly 6000ft^2. majority of overpopulation arguments are simply not true.
[tesla, apple, microsoft and a few others being sued for the deaths of children as young as 6](
pipelines came first, not btc. in this context it should be noted that most applications envisioned are stranded with no transmission lines in between. the direct answer to your question is because renewables are better and cheaper for btc mining. the overall theme you are missing is that using flare gas for power generation for btc is taking advantage of a shitty situation to make it less shitty while making btc. given the current economics of btc, it is incentivizing use of stranded gas. why build more plants when the power is already there?
that’s still a lot of natural gas. have you seen the cost of ng without pipeline transportation costs?
yes. but the energy instead gets turned into co2+electricity->heat+calculations instead of just co2
>saying that 7.6 billion people rely on it is completely misguided lmfao. who said the world 'rely'? miss representing what someone says is miss information, do not be that guy.
wow, thanks! this makes sense now
thanks for the eli5 - well (no pun intended) done.
lol! you are telling pro to support his claim? you talk like that to your doctors?! hahahahahhaha gtfo!
you need to go out of your way to make an oxygen rich mixture to get complete combustion however it is actually easier than it sounds.
yeah as it is often the case with these things, nothing is exactly 100%. there will be some co byproduct. similarly to how you could have a subset of water molecules boiling while the rest of the water is below 100c.
you sir, are a cultured bitcoiner
gotcha, well square and ark invest came out with a paper recently which argued that bitcoin mining would provide the incentive to build out solar“buyer of last resort” for excess energy i’m not 100% on it but the idea is interesting
comment back in a year hahahaha
mine matters more than yours hahah
that's exactly the only situation natural gas is used to run miners. if it can be sold, it will be sold for much more than the miners are ready to pay.
okay lets talk bitcoin. [bitcoin uses about 50,000 times the energy of a visa transaction.]( if you want to generalize to all of crypto, blockchain tech is secure because of the computational complexity required to add blocks on the chain. computation requires energy. regular transactions use less computation, therefore less energy. its basic computer science here. don't get me wrong, blockchain is very secure, and is really cool tech. its just not energy efficient. you can try and make it more energy efficient, but thats trying to make a better iron lung, not looking for a vaccine. an iron lung would not eradicate polio.
por que no los dos?
you have no idea what you're talking about. we do not know if the planets in our solar system are inhabitable yet. that's why we're researching mars right now. there's a rover on the planet determining exactly that. and i do not even know where you got the 4 light years thing from. we have not even visited those planets yet to see if theres water lol stop making stuff up.
lol duh. its impossible to overpopulate to the point where the population of humans covers every square space of land because we will have run out of resources way before that time. thats why overpopulation refers to the point at which the population exceeds the resources available for an ecosystem if you applied that to the world as a whole, we are running out of resources to support the exponentially increasing population. these resources will not last us a billion years. its not just food, its all resources.
pipelines came first, overburdensome regulation that makes it impossible to build second. small nuclear reactors are the only renewable that could do it, everything else is faux environmentalism. operate at the margin is the sensible approach. building restrictions are the factor your neglecting. transmission lines from north dakota specifically. btc is the top approach
i’m a petroleum engineer….
uh the op said rely on it.
the fourth option would be to collect and transport it for use elsewhere, but like he said, that is really expensive and just not viable.
lol now that is something i would like to see the government incentivize. solar energy that is initially devoted to recouping its costs in bitcoin
i own bitcoin moron. just because i own something does not mean i'm going to delude myself into thinking it is environmentally friendly or that its adoption by dictatorships in the third world is a good thing.
you really don’t have a brain in your skull. very sad.
then this make sense. these are quite prevalent in the bakken and etx. the reason i want to explicitly say my comment above, the company i work for received 100s of solicitations per month to tap into natural gas pipeline to start something similar. idiots do not understand it defeats the purpose...
there is no source on the energy cost of a visa transaction. the companies energy usage divided by transactions has no relevance as they are not the main processor of most transactions.
there is a limited number of hours in a day. time spent saving humanity from asteroids is time spent not pumping bitcoin.
if you think its a good idea to spend trillions trying to send people to a planet with continent size dust-storms, zero topsoil, no oil, no ocean, no signs of life, and average temperatures that make antarctica look like summer, than be my guest. why not try to support our mother planet? >and i do not even know where you got the 4 light years thing from. the closest star system is 4 light years away, look it up. and earth like planet are hundreds of times farther than that! there is no moon or planet in our star system can support life without insane amounts of terraforming, good luck.
the logical solution is education then. education on breeding and education in the sciences. we need more engineers working within society. these are problems that have solutions. i am seeing a ton of hate towards elon, and i am not his biggest fan, myself, however, he is pushing certain thiscussions in directions they need to go.
then make sure you reply to the right comment.
check out jesse on twitter, he made the sha256-tub, or a hottub warmed by asic miners he details how bitcoin miners in texas arent able to mine bitcoin in bad conditions ie. when ercot inflates rates to thisincentivize electricity usage
hahaha you are so dumb
3 weeks on reddit hahahahaha
well, "only" was maybe too strong a word i used. maybe some idiots want to set up shop closer to civilization and purchase at market price, but those are not nearly as profitable, and will be outcompeted soon. by design only the most efficient miners will prevail. and those use "free" energy.
we literally cannot live on this planet forever, thats why. the best case scenario is that nothing happens for a billion years and then we get engulfed by the sun because it is expanding if you did not know. we literally have to find another habitable planet and thats why we need rockets so we can actually explore planets rather than foolishly assume that some planet is not capable of holding life. we have not identified many planets with visible water. water can take many forms and it can be converted into drinking water. mars has an atmosphere with co2 that could possibly be used to generate o2 throufh combustion or even natural means like plants. that's why its inhabitable. its not just a bunch of sand storms, that is really naive to think and shows you have no knowledge of what we're talking about.
yeah if we can switch to an impossible diet (vegetarian), we could sure extend the planet's life
cheers, i'm now poorer than a 5 year old
that is really neat dude ! congratulations! the project also looks really well made. that's a hell of a gift !
i have also been born...
why didn’t you tell all of us to put ? smh
op, what were her parents reaction to the gift, then and now?
ahah thats so cool, let her grow up without knowing this, then when she reaches college age you can just tell her "heh, you would not have to work at mc donald's during your college years because you actually own 100k worth of btc !"
the people in the comments on that imgur page are probably hating themselves right now lol
who needs a 529?! good job op. hopefully your niece will be able to use that .5 or so btc to fund her dreams in the future (house, college, etc.)
i had over 30 bitcoin at one point when it was around . i did not hodl. today it would have been worth .3 million. 😢😢😢
i remember that post! good for you and her!
the 5 ye old comments on the imgur post are pretty great too.
uncle of the year
you gave the private key to an engraver?
when we were thinking about super future babies with technology so integrated into their lives, i wasn’t thinking i’ll see it happening in front of my eyes . that’s literally a decentralized piggy bank and i loved that it has the receive address in the front! sometimes humans are pretty damn cool
damn i remember this hodler being born! incredible!
"she is still hodling" ... 5 year old girl got me a smile :d
this is amazing! not only did you set her up for her future but some amazingly kindhearted people on here did as well! warms my heart.
we did similar with our nephew. have him about 250 in bitcoin 3 years ago. it’s not worth as much, but it’s worth so much more he’s harassing his parents to release the cash to him so he can buy skins for a game (he’s 11). i bet he will be real happy at 18 when he can blow that money on girls or drugs instead. hopefully he’ll be smart with it.
ah i remember this. thanks for the update.
it's nice to know that a child has more money than we do.
wow. this is awesome
til winnie the pooh is god
sorry, i made a mistake. can i get back my bitcoin pl? 😂😂😂
your niece has more than i do, and with that, i wish her a pleasant holding experience with many tendies to come!
5 year old niece here. uncle can you stack more sats for me please? i need a lambo for my 16th.
weren’t you the guy who said the relatives made fun of you for getting your niece bitcoin? something along the lines of “who in their right mind would get their niece bitcoin of all things”? i can’t believe 5 years have gone by.
great on you! i hope your niece becomes a millionaire and never has to be a wage slave to the system
imagine being a millionaire 5 years old child because your strange uncle and some wierd ppl from web...
daughters gonna be jealous.
3 kids, took out a home equity line of credit and bought 0.5 btc each and put it in a separate cold wallet for them and stored it away in my safety deposit box, will give them each their wallet when they turn 21, probably the best financial decision i’ve made. nothing beats giving youngsters bitcoin, it is the best asset in the world, by the time they mature the value will have gone to the moon.
>plot twist: when she gets old enough, bitcoin is worth nothing. lol!
holy shit this is awesome
this will literally be the thing to give her that leg up as she starts entering adulthood. excellent!
holding untill turn legal age atleast 😂
some of the comments on the imgur link aged so poorly, it is funny reading people shit talk bitcoin and be so wrong
you niece is lucky. hoping she would be a hodler too
first car, when she gets her drivers license: lambo
fuck, anyone wanna donate some bitcoin to my wallet? i was born, too. once.
oh wow. that's awesome!
all i got for being born was a slap on the ass and a cheap blue beanie. kids these days are spoiled.
if she was born 5 years ago why’d you get her a perth mint lunar series ii year of the dragon: that’s 2012, not her year of birth! edit: there’s a gold monkey there too which is the correct year, so all is forgiven i guess :)
man i wish i had that nice an uncle :)...
that's how you pay off college or a nice down payment on a house...
this is really cool op and perfectly showcases one of the many strengths bitcoin has. wealth creation and store of value for the future is no joke and has been robbed from humanity for centuries via fiat money and no truly sound money. bitcoin solves this and your actions perfectly proved it. i fucking love bitcoin man!
wish i was that smart, when my nephew was born i bought him a huge bulk of diapers
congrats to her. don’t waste it on college.
oh my, these comments...
hahah i totally remember this, that is awesome!
don't give her the money till she is 25, 18 is right when people expect to have some money and will spend it on stupid stuff. 25 is old enough that, she will know what she wants out of life and hopefully how to get it. good luck i wish you and her all the best!
that's fantastic man. you've basically paid her studies and her first car for just . amazing!
i remember your original post. congrats!
my son (13) will start invest 50% of his monthly allowance () in bitcoin.
she might be even set for life because of this and it is truly amazing what bitcoin can do!
it will be her house for her 18th
awesome news, this is great. i like hearing stories of bitcoin helping families.
that’s awesome. i was going to do this for my soon to be nephew! going to 3d print a little case for the paper wallet. and your canadian. cheers from toronto 🍻
best uncle ever. she’ll be a millionaire one day
this is so lovely & sweet! wonderful post and wonderful gift
hey op it’s your niece. can you send me that seed phrase again 🙃
please do not tell my niece.
nice! this is why i am on here, to see the great things happening to smart people
love this so much!!
better returns than a savings account, 401k, pretty much any etf... people that say bitcoin is not a good investment are living in the stone age
that's really great man. i'm happy for you both. hodl on
i read this !! and i compare to how highly appointed stars in the likes of janet yellen and christine lagarde talk about how they need to save us all from our own misery by empowering the banking cartel... makes me wanna puke. the f#$\^ing liars.
look at some of those saltty comments suggesting it would be worth nothing and now it’s already more than a car. by the time she’s 18 this will be her entire college graduation but if she’s smart she’ll save it for retirement.
we call that the swadl hodl.
she has a greater net worth than me and i'm a fully grown man
really cool that you can make a smart contract with crypto to do something like this for an education fund to release to them after they turn 18 and not let the parents access the money for a babysitter and a eurotrip, all without needing to set up any complicated trusts or lawyers.
blessings to y’all and those donators. 🙏🤗❤️
this gives me so much inspiration to set up small funds like this for my friends and family. i feel that it is our responsibility to educate the world on what this technology offers!
everyone in this thread: hey dad its me your long lost child
= college fund by the time she gets there lol
please adopt me! want to hodl too
hell yes! i did the same with my new niece and set her up with a small 1k bag. it almost tripled before she was born lol. smart man!
btc will put her through college just like weed put mine through college. thank god for alternatives in this rat race of otherwise slave labor.
don't forget to thank satoshi!
she can probably use the gains to cover her college fees and house and retirement fund, by the times she’s come of age. 😂 congrats!
that wasn’t a donation, that was a loan. i want it back by the end of the week or i start charging points.
i really love stuff like this!
i liked this story until i got to the part about the btc donations via r... then i loved it! ' we need more relatives like you...
holy shit, i remember this!
plot twist: he has no niece.
wow, trust the process
she’ll be a millionaire before an adult
this is heartwarming asf. bitcoiners are truly some of the most excellent people i've come across.
this is wtf it’s about 💪🏽
some of those smart ass imgur comments did not age well!!🤣
that's what i am talking about... real positive change
wow this is great! we just welcomed my daughter to the world and i converted her piggy bank startup fund from the baby shower into btc. we will hodl for her until she is 18. very detailed and awesome way to honor your niece, she is lucky!
plot twist,.as an 18 year old girl she would not give a damn about bitcoin or technology, not appreciating your thoughtful construction of this gift at all, and simply demand you convert the money to dollars and give it to her.
big congratulations for being a cool uncle and gave her one of the best presents out there!
so do you just create a wallet for someone else? how does this happen logistically?
thanks for rubbing it into my poor arse 🥺
damn, she will be able to retire at the same age all of her friends are starting their careers!!
when she is 18 she is going to think you're the fucking coolest
she will make it to forbes under 10
she will be so thankful in 10 years and so. amazing gesture!!
so that bank is out loose in her bedroom for any visitor to see?
how did you do the engraving?
i’m looking to do the same thing! can anyone provide a step by step on how to find a wallet and how to engrave?
welp… i never thought i’d be poorer than a 5 year old. but here i am!
way to go messi is paid in crypto
lol fucking 5 year old has a bigger bank account that i ever will. spiffy.
oh yea i had a daughter too, give me your bitcoin like what?
good for her! 👏🏻👏🏻👏🏻👏🏻
i want to do something like this for my daughter. i currently put money in an isa for her. how did you setup an account for her?
if some people asked for half their donation back... would you... i mean she would still be up and by the time she will ever need it it would have recovered... *justcurious*
it really bums me out to see toddlers who have more money than me. i'm eating ramen 6 times a week, meanwhile this child can buy a new car.
trust fund baby is going to be replaced with bitcoin baby?
i hear lemonade stand futures are hot right now.
which form of wallet security does she prefer?
is it possible to get some back
damn you must really really love your niece
wow this is awesome. what are some easy and creative ideas for gifting bitcoin to children, family, etc?
how can i do this for my nephews?
wait for her to be 18 or even capable of doing rightful expenses with her money lmao
what an awesome community. your niece is a lucky girl. i plan on giving my niece a ledger on christmas and will exclusively gift her btc from here on out. no more fiat or other crap.
can i be your niece too?
how did you structure it? did you open an account for her or her parents and put it in their name? gift her a hardware wallet? i’ve thought about doing the same for mine but not sure how to go about it
you engraved the private key on the other side? ya someone’s stealing that before she’s old enough. probably uncle joe
super cool. go bitcoin go
incredible!!! this story made my day!
i sure hope that is a public key and not the private key you got thisplayed there lol. otherwise the total value would be 0$.
oh yeah hodl that one!
that's actually pretty cool.
this is brilliant! so generous!
damn, btc, silver, and gold. you're like the three wise men rolled up in one.
best college fund in the universe!
now 5yrs old kid has more money than i do feel sad tho.
you’re an awesome uncle !
nice! well now how many btc do you own?
hey it is me, your niece
and i was happy about my 130usd going to 220usd, congrats on the win, hoping we all can be rich like your 5 year old one day
damn your 5 yo niece is richer than me
when i earned my first ,000 at 18, that was like a million dollars to me.
don’t post your recovery seed. anyone can drain your wallet
don't forget the shitcoin forks that should be a few hundred dollars worth!
the coins look beautiful!
when i was a 5yrsold all of my money goes to my mom saying that she will just keep it and when i grow old i can i get it to her, now that i grow up i want to get my investment to her all she was saying is that i already used it all.
hey, its me. her stepdad.
i offered my family, specifically my nieces crypto; all of them except my brother-in-law took gift cards or cash instead. i’ve been in since 2013.
looks like an award for world's best uncle is heading your way. congratulations :)
13 word seed sounds like an electrum 2 one.
lucky kid with the right uncle! to be continued…
i've always been saying and will always say: hodl congrats to you!
to you three anons who generously donated , thank you so much, but she already has a lot of bitcoin! sheesh! thank you, its a nice 5th birthday present !
i say smart adult to invest in baby. all should be that smart.
i do not even know how to sell crypto.
what a wonderful uncle she has! :) some awesome community members for helping out in donations as well. anyone would be lucky to have such an opportunity & i think it is amazing that she is still hodling to this very day. smart girl!
i would love to know what you think she would buy with that money as of right know that's a lot of barbie dolls (do 5 year olds still like barbie?)
that’s a rich niece
i would have blurred out the address, now everyone your nieces balance and where she will spend it.
that's nice to hear but hopefully when she is ready to change it into actual money, that is where your gonna have an issue? you see! its a ponzi scheme
in 13 years, that will be enough to buy a nice steak dinner!
nice job advertising to the internet the bitcoin your family holds
crypto gurus, what are your judgment on storx network? it seems to be flawless! i think this is the time to join. i really like their defi cloud storage network.
you need to sand off that poem, if she remembers it as a kid shes going to sing it at school, someone is going to hear it, sing it at home, and alexa is going to steal your coinz
hope she wasn’t part of the .
anybody want to donate bitcoin to my niece? edit: i got a nephew too.
any crypto holders interested in moving into real estate? i made a good chunk in crypto and pulled out to invest in properties . . . its working out for me . . much less stressful
i give it 10 years before it is spent on weed and parties by an entitled teenager and you begin regretting everything. until then well played
was impressed until “she’s still holding”
don't worry! i'm quite certain you're more poor than several 5 year olds; this is not the first.
!lntip 500 have some sats friend.
i used to work at a cpa firm on trusts. don’t feel bad lol, there’s a lot of people under 10 with more money than most of us will see in our lifetime xd
well paris hilton told us how to avoid that. stop being poor
the average person in their 20’s has a net worth of . as such, the average person in their 20’s has less money than this 5 year old. the average person in their 30’s has a net worth of ,000. as such, the average person in their 30’s has less money than this 5 year old. you’re doing fine comparatively, we just live in a late stage capitalist hell.
same. yet, i work a lot more than most 5 y.
thanks for the laugh
my 2.5 year old is now worth 8k through a similar approach. he keeps throwing the phone that its stored in. redefing rekt :)
i'm pretty sure the median household under 35yo is poorer than this 5 year old, do not feel too bad.
lmfaoo, this is definitely not the first time i’ve been poorer than a 5year old. i’ve been poorer than dj khaleds kids for years now
yeah! i’ll go have a beer now
honestly never had that much at one time in my life and im almost 40 haha
shit. didn't think that till i read your comment
at least you have the 4 year olds beat.
he did not say how old she was just basics of birthday.though im sure you are poorer than many 5 years olds in this case it is just as likely as not.
don’t worry i’m most definitely poorer than you...until moass comes.
did you make it yourself op? or custom ordered online?
here, have a bitcoin
yeah, me too. where's our btc?
you will say the same thing 5 years from now
i did not know you at that time, there was no way to share
i too want to know, op
my sister was the one who received it, she did not really clue into what it was and just thought it was a piggy bank with some gold. latter in 2017 when she understood what it was by then, she hinted that maybe the bitcoin could be sold. i chuckled at that and brushed it off.
plot twist: one of her parents is shishito edit: that is right, one of her parents is a shishito pepper
plot twist! college now cost 😭
a bit bearish but ok
what if she still wants to work at mcd just for fun lol
lol at thinking bitcoin will only 4x over the next 13 years. i think his niece will easily have .
one is literally: “plot twist: when she gets old enough, bitcoin is worth nothing.” lmao
best thing i saw today 😌😌😌
honestly i struggle between a savings account, 529, and just buying crypto for the kids and cousins. only the latter seems to make sense right now...
it took me way too long to understand what 529 was. i keep reading it like five hundred twenty nine. it finally clicked after reading the comments.
don't feel too bad. i had a friend who informed me of bitcoin in 2009. when you could cpu mine on ordinary computers. i did not get around to running the program. he, of course, did... but was also selling hundreds of bitcoin at a time in order to buy candy. no one can tell the future. no one knows what the next big thing is until it has already happened.
don't beat yourself about it, we all learn everyday. i guess you did not have so much confidence in the project to be willing to hodl for about 5years.
its a poem containing the private key. 5 years ago, the engraver had no idea what it was and most likely forgot about it.
i think it’s a cool idea but the real issue is that he announced to the internet the key is in the poem. otherwise no one probably would have known
since its on the front, i assume its a receive address, nothing else would make sense logically.
it is only been five years too...we have a long way to go
good on his parents for their diamond hands hopefully they do not release the funds until he is 26 because even if it is a million dollars, a young adult will find a way to lose it all in a year
she has enough! thank you!
might have been another uncle jim
i'm hoping it will be enough for her software engineering degree at mit
something about the "leg up" phrase made my brain read 'adultentertainment'.
2012 is another significant date for her family.
i was surprised no one else mentioned the precious metals. i think it is good call to have a bit of both.
you get it. the point of the entire experiment was to see if bitcoin outperforms gold and silver, which she received in equal part along with the bitcoin...do not tell peter schiff.
my hope is that it inspires others to do the same. we are still early and our families youth can benefit the most from this given their extended time horizon.
200. i wish i had a dad like you!
be sure to keep a backup or use an opendime. paper wallets are prone to damage
sure its bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon bacon
what’s the point of college if it’s all slave labor?
it’s common (or it used to be) to give savings bonds to someone when they are born. i’m pretty sure most kids don’t care about the savings bonds and just convert them to dollars once they mature.
that is her right, i hope she uses it well, maybe for education at mit
you have the keys. you can give them away whenever you want
electrum, easy to use wallet and secure when done offline
he'll 'give her the keys when it is time...' but really to do it properly you need to hire a crypto-literate attorney to set up an account where the child gets the keys at a certain age.
this is your time now invest 300 and wait 5 years
even at 5, i wouldn't trust a kid with a private key. he probably gave her one of those shiny plastic bitcoins and keeps the real stuff hidden away. i remember my grandfather giving me an actual telescope when i was about 5 . . . it took me until i was 20 before i could figure out how to assemble it. it was an old school model that you had to assemble a bunch of pieces. its a miracle i did not lose any of the parts until i was old enough to figure it out !
yeah , right now she is like ,500 worth of bitcoin, big deal!"
yep, though the private key is scrambled. she needs to rearrange the words in the correct order to unlock it.
i used 2 separate engravers. [for my nephew i engraved it myself.](
find a zinc based metal piggy bank you like buy an engraving tool, i used the dremel 2050-15 stylo+ versatile craft rotary tool, perfect for glass etching, leather burnishing, jewelry making, polishing, woodworking and more craft projects start slowly, after marking down the seed words with a pencil. i converted the seed words to numbers on the bip38 word list to save space, and marked their order with a, b, c, d etc
that is a good point. it is probably due for a move to a coldcard. hopefully i can set that up with her sometime soon.
i used electrum offline through tails os to setup her wallet. from there it was just a matter of recording the private key (seed words) and public key donation address and engraving both those. it's a process only the experienced should do, as it is easy to leak out. you may want to use a simple opendime instead. much easier, and more secure.
you could cry about it or you stay humble and stack sats, as they say.
buy an opendime, setup is relatively easy. deposit bitcoin to the address and then give it to your family member.
you may just want to hand them an opendime, its the easiest way to gift physical bitcoin securely.
probably candy and a horse
eh, i guess in some countries that acceptable, but not in a modern society.
if he gave away 300 in bitcoin then, he probably has at least 10 times the amount
coinjoin will solve this issue come the time she spends it
the poems scrambled. the order of the words matter for recovery.
that was with an entirely different project
i can give you
this post smells like bullshit lol. a ploy to get people to donate to him lol
yeah just look at any 5 year old with spoiling and rich parents
that is it. i do not feel bad anymore.
what an oddly comforting thing to say
hi u, thanks for tipping u**500** satoshis! *** *[^(more info)]( ^ [^(balance)]( ^ [^(deposit)]( 10000) ^ [^(withdraw)]( put_invoice_here) ^ ^(something wrong? have a question?) [^(send me a message)](
such a double edge sword growing up having money not being an issue in life
what are some patterns you noticed in terms of the client’s demographics?
that’s hot!!! 😂😂😂 -paris
did she ever say that or is it just a reference to the image with her wearing the shirt that says "stop being poor", but i'm pretty sure the image was photoshopped.
she is smokin...she gets a pass...
damn, i’m in my 20’s and have a negative net worth rn lol
where are you getting this data from? seems definitely not right for the us
late stage oligarchy hell, governments caused this.
weird my net worth is like negative 30k
holy actual fuck... did not realize it was so low
i thought avg in 20s was negative
this is just sad but also makes me feel good about my financial situation compared to other 30 somethings. by 35 you need at least one year salary saved to be ready for retirement, and looks like that’s not going very well on the whole.
thanks. i have no bitcoin, no crypto at all so this makes me feel better!
i’m mid twenties & my net worth is decent. it comes down to choices. most twenty year olds are probably in 20-60k in school debt, then go buy a new vehicle. & all their friends are out buying boats and motorcycles so they feel like they need these things and go take more loans out. credit cards to spend on the weekends or to go get that dinner you can make at home. personally i prefer paying with cash , yes i have old things. but they’re mine & still worth good money. trying to find a house at the moment & that whole scenario pisses me off...
ordered the piggy back online and i got it custom engraved at two locations
edit: thanks for the bitcoin, kind stranger!
i have 52 coins, which i bought in 2017
i was 5 once
sorry i lost it in a boating accident
yeah i was too busy saving women and babies and being broke to worry about money back then. and were you one of these ppl? and did you listen to them? if so you wouldn’t be regurgitating the same banal platitudes that are in fact meaningless to this present day.
you went from trying to do something nice to being a huge asshole, which likely means even when you were doing something nice it was for you (you wanted the praise) and not for them. be better
dont be that guy
2016 wasn’t even that early. so you’re not really as smart as you think. they should say well why did you buy when it was worth -2 years at ?
they’re still your co workers? why aren’t you retired lmao
same but 2013-14 schoolmates
yea well my dad can beat up your dad
i told people about bitcoin since 2012 and none of them cared or bought any. but i do not rub it in their faces and i'm not an asshole about it. you're a jerk.
why did not you have the foresight back in 2010?
> my sister was the one who received it, she did not really clue into what it was and just thought it was a piggy bank with some gold. latter in 2017 when she understood what it was by then, she hinted that maybe the bitcoin could be sold. i chuckled at that and brushed it off.
plot twist! college now costs 1 btc
i thought joe biden was gonna make college free!
for a decent school. ivy league you’re probably looking closer to 300
ahah well you got the idea. maybe it is "you will drive a lambo during your college years, and still have 100k remaining !"
529 has tax advantages. isn't there an etf now that holds bitcoin
do both 529 with a small amount of crypto if you want. 529 likely has good state tax advantages (in co, it is state tax deductible, but still also grows just like a roth would). also do the most aggressive investment option. all stock, as much us as possible (mine allows investment in a 70).
it does until it doesn’t
makes no sense, unless by candy you mean drugs, because no one accepted bitcoin for anything until 2010 when 10,000 btc bought 2 pizzas. but even then, silk road wasnt even a thing yet.
let's hope the system that the engraver used to do the work does not log anything long term, their system was secure, their staff is trustworthy, and the machine is thisposed of securely. that is too many potentially untrustworthy variables for me.
the private key is engraved as well as per the imgur post.
the other picture shows the back is covered to hide the private key.
no worries. just sent 4537 sats. cool idea!
thank you! that is a comment from the post from 2016, i hope those people see it now!
either that or a nice down payment on a house when she gets college paid for with academic scholarships.
this is so cool, how did you set this up back then for long term storage? onto a hardware wallet? thinking of doing something similar for the nieces😃
just curious. who holds the key to her wallet? is it possible to put btc in a wallet that stays locked until a certain date, like when she turns 18? thinking about gifting my 3 year old cousin some btc, but do not trust his parents (or myself) to hold it.
it’s money from the government that comes in our pockets per child here in switzerland. he is getting them. but we also explained he got to cover some costs for himself now.
it definitely won’t hold up too well to fire but i sealed it in a 3d printed box so at least no water damage. backups are around tho. just in case
damn it now i’m hungry for bacon.
what a beautiful poem ❤️
my grandparents did that when i was born and it had a 10 year maturity but mustve been a trash rate cause i remember cashing it on my 21st (11 years after) and i got like an extra few dollars on that
my family did that and i'm still waiting on them to fully mature.
didn't know wisdom came for free 😉
she has the private key engraved onto her piggy bank. i have a backup of that private key kept safely in case she messes up and destroys or losses her piggy bank somehow.
i wish *i* had family who made me rich before i had self-agency.
we are winning! you know it! socialism
fair point, we have paynyms in samurai (but it’s not standard across wallets). there is also lightning which has keysend, lnurl and (coming soon) offers
once you have the words, brute forcing is much, much easier. *only* 479,001,600 remaining possibilities! (assuming 12 word seed)
i mean, everythingi said was true. i have a niece and a nephew. but it is also a ploy to get people to donate to me.
i mean i wouldn't call this spoiling but others it is crazy what parents do.
what do you mean
key word is net worth. most people have so much debt that the assets they do have do not matter. to have a positive net worth you would have to either have no debt or so many assets that your asset value is more than the value of your debt.
it probably depends on how they calculate mortgages, whether the mortgage liability is offset by the property value. also student loans are nasty man. moat people are only just getting clear of those in their mid 30s.
student loans result in many educated people in their 20s having a negative net worth. poor choices result in many uneducated people in their 30s not accumulating nothing and going into credit card debt.
for data we don’t know, we can use google and youtoube to search for relevant information
well, 50% of people are below average…
🤷‍♂️ enough 29 year olds that have their lives together i guess.
average (probably median really). my wife and i had , but we’re better off than literally everyone we know except one couple.
kinda sorta, yeah. i ate shit and worked 80+ hours a week and so did my wife in our 20’s to get ahead. however most people simply can’t do what we did. in addition, it was miserable and nobody should have to live like that.
did you split the private key in half?
no you do not.
you can have a bitcoin too
one of the better put together temper tantrums from a child i have read.
lol he already is.
do you know what spit in your coffee tastes like? ...me neither, but i'll bet xsspants could tell us
and no matter the current price…
plot twist! in most europe is way cheaper
i do not think people understand how much it costs to maintain a lambo. look up what new brakes cost.
he was selling for cash... using the cash for candy.
there were markets before sr not as public as ross’s baby though rip
yup. fully agree. he might have engraved it himself, or used 2 or more different ones so neither has the full poem.
hmmm, i did not look at the images, my bad.
i posted without actually looking at the link. i suppose this made some sense in 2016, but now its a bit foolish to have what is now ten grand sitting around a child's room in a piggy bank with a rather obvious bitcoin address on the front. reminds me of tales from the crypt running and promoting a large lightning node publicly, and someone just making off with the physical hardware at some point, because of its obvious value. this is probably the kind of thing that should go in a safe deposit box, at least the private key part...
cheers dude! nice bday gift for her
i used a paper wallet generator through electrum at the time. a hardware wallet is probably better
i hold a copy of the unscrambled key for her. she holds a copy of the the scrambled key that she can unscramble given enough effort. we both technically are custodians of her wallet. we can still deposit bitcoin to her wallet yes. i recommend you use an opendime for your cousin.
lol fiat rates. no wonder no one wants to use their green paper trash.
perhaps her parent should put the private key in a safe deposit box. it really does not make sense to have something with so much cash value in a child's room, where someone might make off with it.
not even sure lightning was working 5 years ago, that is a long time in bitcoin years.
my hope is she one day securely brute forces her own wallet, offline!
nah, not you dude. i mean the op
i wouldn’t call it spoiling either. my point is that they’re richer than most of us
if i were to grow up with crap load of money then i’ll never learn the true value of money but at the same time having so much makes life so much easier. it’s a double edge sword because it can bite me in the ass in the future… say i get scammed and left with nothing and i know nothing about money management
[correct! it originally said "stop being desperate"!](
*rolls dice* come on! papa needs some student loan debt relief
find the right way to invest and make money soon
yeah i know what net worth is. "most people" definitely do not have more debt than assets in the us. and more specifically those age ranges look wonky. > where are you getting this data from? seems definitely not right for the us (i know it was not you who posted it)
to invest in anything, you must first understand its background and consider whether to invest in such a thing
i thispute that "most" people have fewer assets than student loans into their mid 30s really just asking for a source here guys
i'm not sure who wouldn't consider the asset value. if i bought a house for %/, assets, or liability then my net worth wouldn't be -. it would still be .
the moon's core is full of dildos. if you do not believe me, just google or youtube evidence for it, my friend. keep going until you find it, it might take you 40 years, but it is there, so have a nice life.
50% are below average and 50% are above and 0% are on the dot lol
for the engraving process, yes it was split between two engravers. but its complete on her piggy bank, though not in the correct order. there is an extra step for finding the correct order of words.
why do not you believe it?
do you know how much a bitcoin cost in 2017?,000 per piece.
i'm 34 and i love minecraft.
relatively, for the moment.
its worth it for a car with no cup holders.
yeah is like 45k to replace them.
just don’t get the carbon ceramic brakes and you’ll be good! 😂
pocket change to us whales!
that’s cause most people just lease them.
or she attends a college on the moon!!
"you can just buy the college"
1,309 btc was 1 dollar in the calculations of new liberty standard, the first ever valuation for btc. you could mine 50 btc with every block and maybe you could get a few blocks a day on a powerful cpu. then your friend sold days worth of btc mined with all that electricity to someone? for a few bucks? and then buy candy? sure ok. it's the internet, nobody makes stories up over here so we will just believe that :)
2 engravers were used
or engraved it onto himself
by the way, love reading the comment on the imgur website. >plot twist: when she gets old enough, bitcoin is worth nothing. and >children do love fairy tales lol i hope they come back to re-read their comment and check the value of your "measly" investment.
its scrambled, if it gets stolen i can move the funds before the thief unscrambles the seed poem
i was talking about it generally. there is nothing else you could have done 5 years ago.
when she grows up, it might be illegal to have a computer offline! you better save one for her. wrap all the parts separately so she has to figure out how to put it together too.
yea i understood that. i just did not know what you meant by this.
agreed. with a caveat, though. for some rich families, the generational wealth passed on is deeper than just the money & assets. it also includes the financial knowledge and a specific psychological viewpoint that helps preserve wealth. however, many wealthy parents neglect this aspect and don’t teach their kids about money. these are the ones that usually spend their inheritances frivolously, and they’re usually the most ostentatious about their money. now, some of the trusts are set up with this risk in mind. for example, you might get a trust that pays out x amount to the child annually. a lot of parents. i personally knew someone in high school. complete pos punk. always starting trouble and acting like a “gangsta”. bragging about how his grandparents are rich and left him over . even joked about how his gpa was 1.2 but he didn’t care cause he has money. it’s been 7 years. he’s broke. why? well i’ll point out one major reason: conspicuous spending aka showing off. someone told me recently that . that it would only last 20 yrs at . this is simply not true unless you decide to spend it in raw form. you have to be a bit more conservative with that . hell if you can earn 5% on it, you could live off . when it comes to wealth, i believe financial knowledge > $. if you have a bit of both, you can do wonders for yourself.
you nailed it. my negative net worth is primarily due to student loans lol
from what i’ve found on business insider, cnbc, etc. it looks like the median is positive through all age groups, which means you’d be correct. technically “most” have a positive net worth. however, because i don’t see any stats about the standard deviation, i wouldn’t be able to tell you the exact percentage of those who fall under . i’m interested in looking for this and will be trying to find out. i will say, though, that there is certainly a significant portion of people in their 20’s and 30’s who have a negative net worth, which makes sense when you take into account the debt assumed at this age. typically, this is an age where you will accumulate debt such as student loans and probably a car loan, your financial knowledge is probably limited, and your income is presumably lower than it will be in the future. i was actually surprised to find that the age group doesn’t have a negative median net worth. so i’d really like the find out the percentage. i’m guessing it has to be at least 25% but curious to see maybe i’m wrong
i'm definitely speaking anecdotally. not the one making statistical claims.
it's really only your accrued equity that counts, and depending on the market that can be tough to come by, especially paying pmi.
indeed. as the late great george carlin once said, “think about how dumb the average person is, and then remember that half of all people are dumber than that.”
make sure nobody accidentally posts a picture of that poem... not even in the background of a selfie. be sure she and the parents at least know of that risk. maybe keep the tape over it?
you still pay for wear parts on leases lol
just buy the grades
he sure did. he was living at his parents as a high school kid and did not really consider electricity costs. go ahead and not believe me, you're a stranger on the internet, idgaf.
that is probably fine then. the last one had the complete picture, but probably not all of the data stored.
you come on, i meant use it to save, clearly if you just want some stuff right now, you are spending dollars, that is their best attribute, as a medium of exchange, but we are talking about saving bonds, which is the trash use i was referring to, and i should have been more clear about that in my post.
way ahead of you
you implied i was calling the post spoiling of the child
> you have to be a bit more conservative with that . hell if you can earn 5% on it, you could live off . have you heard of something called "inflation"? i would get , and then still only live on the investment income of the first million. the other two are to cover inflation, which is far, far higher than official numbers.
that's only because you value knowledge acquired at zero dollars.
there is a big difference between median and mean (or average).
i wonder what most people think their iq is (if 100 is avg).
also do not take it with when she moves out for college or to start adulting with roommates, better off left at her parent's house when that time comes.
most people only lease brand new cars that have things called warranties and only lease for a couple years
oh so your high school friend was part of the cypherpunk mailing list, which were the first few people who actually used bitcoin other than hal finney and satoshi himself in 2009. almost all of them thismissed bitcoin and said it would never work, but your friend figured out how to mine it and found someone to buy *hundreds* so he can buy candy? even though in mid 2010, lazlo haynecz was having trouble finding anyone on bitcointalk to buy him ,000 btc? amazing. did he also help with the many bug fixes on the original bitcoin qt client? because gavin andresen, bitcoin's lead developer after satoshi back then, only thiscovered bitcoin in 2010. literally no one bought or sold btc to anyone in 2009, but sure, your high school friend living in his parents house did. for candy. nothing personal kid, just calling out obvious bs when i see it.
i watched the person do the engraving for the last part too...they did not record anything and seemed bored.
hi, yes of course i’ve heard of inflation. that’s a silly question to even ask an accountant or probably anyone on a bitcoin forum for that matter. my comment was just to illustrate the basic principle that you can make money work for you, rather than spend it. inflation, of course, is another matter to address. i’m not using the word “conservative” in the sense that you should seek low returns necessarily. i mean conservative in the sense that you don’t spend that . in general, the younger you are, the more aggressive you’d want your investments to be. it’s the principle that i’m illustrating, not the amounts per se.
and don’t forget about taxes from that 50k you will pay 20k in taxes and with that and inflation you are already losing money
most people probably overestimate. i know most people do it with looks, too. most think they’re a 7.
we will likely move it to a coldcard soon
man, i'm not him. i do not know why you're trying so hard to refute this. his dad was a comp sci professor and the dude now has a phd in comp sci and works on hardware validated proofs or some shit, so yeah, he runs in circles in the know. i do not know what he used to sell. as i said, i had not bothered to get into it. and just fyi, [here]( a screenshot of liberty standard selling btc in 2009. so maybe your facts are not quite right. i did briefly consider buying a bunch myself sometime around that time, but at the time the only way i found to buy them was by buying second life linden dollars and trading those for bitcoin. i do not know if that was before or after liberty standard as it is over a fuckin' decade ago. regardless of whether my timeline is 100% correct or not does not really matter. i'm going from an old memory. [relevant xkcd](
i hope that you also warned her not to allow any photos of the private key. very cool idea though.
sorry man, i was being a dick. normally i dont even respond to comments, lol. i should have just said "maybe your timeline is off by a year". then it would have made sense. anyway, sorry about being a dick on the internet and i hope you have a great day ahead of you! also, great xkcd, i literally thought about that as i was typing away and thinking about why i am even bothering haha
the moped guy doing the double-take and then doing the superman himself is just too perfect
paradoxically, this works even better when going uphill in a bull market.
completely off-topic here, but how the hell do you get your feet back on the pedals at that speed?
this as scary as amazing lol
if this mother fucker passed me like this i’d quit on the spot lol
finally, “planking” is making a comeback!
the ball crusher move
oowee, pro cyclists are a different breed.
i laughed way too much at scooter guy lol.
top quality shit post. thank you.
i have never seen a whole episode of digimon, yet i love that mf intro everytime i hear it
best one i saw so far 💪🏻😂😂
looks like he used leverage
in short, diamond balls. got it!
just bought some more with my birthday money. i can feel the wind in my hair.
spat out my coffee after seeing the 🏍 trying to chase him
the moped dude doing it too what the cherry on top😍😂🤣
i can’t believe the moped guy did it too...
i lost it when the guy on the moped copied him xd
i need to move my shit so cold storage
where’s the guy holding to sign when you need him?
this song - nostalgia punch to the face
is this actually real??
last part was really unexpected 😂
how? i want to get into bitcoin but i dont know how. dont i need a crazy rig with 10 rtx 3090's to even mine close to ?
binance states they ban american users and wont allow a transfer on the american version -cyclist hits a brick wall
can we take a moment to appreciate this mf’s core strength!
you need to have a backbone and a strong stomach for this.
dude if he falls though. that is a wrap lol
😂 blew them away.
yes this is 👍
and he is basically recovered once he is down the mountain
cannot lie this is absolutely hilarious and it put a smile on my face. will definitely be referring to this in the future.
he uses his foot on the back wheel to slow a little bit more until the pedals are spinning slowly enough for him to match their pace
is this hack legal in the race? lol. he will ruin those bikers hard training
i like it when the long term investor also becomes hodler
his balls must hurt
40 billion dollars industry according tp jpmorgan i say we ape in
perfect. as you can see hodling is much more difficult than you think. 🤣
guy on the moped fomoed so hard 😅
never better said. this is the way
so the motorcycle dude…. like…. he just knew how to do this? without dying? i’m so confused right now
heading toward the promise land
this shit is great!!!! 😄🤣
was this for real did he do this in a race and if so omg god mode level stuff there
he still loses to the guy on moped ...which kind of trader is moped guy ???
i'm actually someone who's tryna get into crypto. can anyone recommend me a good starting point
hodl codl only lunatics are infatuated with the moon
hoping to be like hin once i get rich from meme stocks and can invest more in bitcoin.meme stocks are short term plan, bitcoin is long term
only real ones know that music
that is so freaking hilarious!
damn i was half expecting him to eat it, but then realized which sub i was in.
that’s a brakeless fixed gear bike, dudes rock.
when you say cold storage , do you mean a hard wallet . or would a defi wallet be good too . something i have the keys to but is still on my mobile ? newb , i got into crypto dec 2020
this is too good.
great. now i wanna watch an anime about bitcoin.
looks about right 💗
goddammit that is just too epic.
this made my day...
pretty cool funny video, thanks for sharing, lol hahaha.
anyway guys, source of song?
now the op's song choice for the video is a very cultured and extravagant gentleman or woman.
i love this so much.
those tires are doing some work.
a hard wallet meaning like storing your coin on a hard drive or???
anyone with a brain knows what is ahead
this gives me so much anxiety
this is perfect 🤣🤣🤣🤣
does "btfd" mean the same thing here as in tucson?
that digimon theme though.
nice to see the memes back in action 💪
i laughed at this one. ' thank you!
i would have went: dca during the bear market & riding the bull market
to the moon 🚀
long term trader lol 🤣 it must be over 10+ years to get him haha.
bitcoin by 2030, what do you guys think?
this made my f# day
how is here no one mentioning that hodling would kill all btc once there wouldn’t be enough people who would want to buy
people watch price’s. i just make sure i’m adding more sats to my stacks. price will be there when i need it.
meat on the streets
what was his speed? like 50 km?
do you guys really think you make more hodling than whales do trading?
my weewee hurts watching.
damn... at one point he had to use his balls of steel to switch in to that position...now that is a true hodler with balls of steel.
didn't know what stacking was before this video, thanks for enlightening me!
wow! was his body placement the reason for the propulsion? or is it bitcoin 🤔
sick plank. would require really a lot of core strength. diamond abs along with hands.
motorcycle bro is the man!
some say he’s still going…
this is fucking amazing
i am like the kid in “the incredibles” gawking… “that was awesome!!!”
is it worth buying ,000? asking for a friend
this was awesome but where is the early adopter? where is the whale?
hodl, dca, btfd = win.
perfectly sums up, hodl and enjoy the ride.
this post made me feel so pumped.
just imagine crashing like that.
what song is that?
hahah that’s so funny
forgot to mention shitcoiners...
i just did! moved all my sats from blockfi into my cold storage. turning myself off for a few months or as long as i can. later!
nailed it!!! stoped with the shares and headed to crypto.
any one here familiar with wycliffe chart. if anyone here can tell me what it is i’ll tears you for your knowledge. then tell me what bitcoin will come down to from a month or two from now. what is the low on the all chart. what’s the consensus and once again you will be awarded generously
digivolving my tendies like
newbie since this past december. hodling 4 life.
digimon intro song. so many memories.
love this digimon theme
hodl like your life depends on it!
this made my day
i've done this on a motorcycle while pulling full throttle and it was so much fun, i took turns and all, but i almost died. no joke.
his junk probably hurts
i need this on a youtube link or tiktok or some
best meme i’ve seen in a long time
smart work > hard work
he'd go faster eating vegemite for breakfast
i missed the vc
yo, i've never seen this extend long enough for the moped guy to do that!
i don’t watch bike racing but has this become racing standard? seems like the way to go
i was so amazed at the skill i didn’t even realize it’s a fix gear
“pro trader” :)))) you gotta be shitting
the end had me rolling. i did not see that coming! ha!
this is fucking hilarious
i seriously need to watch this whole clip... did he win?
seriously my dick hurts watching that.
unexpected laugh- i think i hurt myself laughing. when the motorcyclist decided to copy the bitcoin noobie. i nearly passed out
thought i was watching yowamushi pedal for a sec
you guys do recognize that they are all going downhill right?
hodler is far better than long time investor? i call it plain bs!
sheeeeesh look at em go
the best investment advice for the long term is hodl and never sell, i only want to use my crypto to trade for real assets not fiat. always remember why you invested in a company or technology, because you believe they create more value than other assets.
motorbike guy should have been elon 😆
who was him ? was it a real competition ?
is that the digimon theme song? 😢
haha!! i love it!!
haha wauw. where do i find the original video?
the whole video in general makes me so anxious (the cycling i mean)
by cold storage do you mean a crypto wallet?
my fav reddit post
hodling is the way!!
lol i watched, it looks interesting
laughed my ass off when the moped
hahahaha, so fun. cool video.
i watch this to the end everytime i see it.
what’s this song, sounds like an anime opening from the mid 2000s lol.
helps when you are on a ebike
are you ready for the dump! any minute now let’s gooooo...
don't hodl, already 5% profit, 33100 to 33800 second time, waiting for 33100 again any one, i am a hodler, my wife is a trader, my wife did 2 times today 33100 in and 33800 out, , just set 33100 in again, if she can buy in this price today, and sell tomorrow 33800, she get 8% profit within this 24 hours. i will give up hodler, right now already dump to 33700. she is waiting. if she successful again, every one do not hodler, the whale want you hodl who make this video? the whale, they paid somebody to make this to control us
then he falls, breaks his leg and everybody says, "see how that was stupid!" he gets better starts to ride again and befriends an alien:
btc artificially inflated by tether and bitfinex, where’s that?
my god humans do some stupid shit haha if you liked that video check this out:
that’s maximum leveraging with a jackpot timing 😀🤣
it’s too easy. am close to being able to buy another whole fking corn 🤩. thank fed for pumping stalks and commodities 💰
it's staged just like bitcoin
yeah and guess what happened after this...he got thisqualified because it is not allowed to drive like this due to new uci rules...and that is exactly what in the end will happen with bitcoin :) it's fantastic you put it like this in a visual!
yeah nice and all but did you guys check the prices?
you forgot the crash!
this actually needed sonic music.
how do you remount the free geared peddles ...?
i was told from the beginning to buy as much as you can, and, just hold on for five years …
hmm. or it is a really good way to get your genitals crushed, which, i suppose, is a kind of transition.
does the bike going downhill represent the recent price of bitcoin and other cryptos?
motorbike doesnt realise its because the cycler isnt resisting the pedals and only small % drag effect of lieing like that added on
nope. while they hold i more then dubble up my crypto on the way down...😏🤓 so no chance a hodl'r that starts with the same capital as me could ever pas me by. # don't be fooled the internet is full of bad stimulating investing meme's these year's... it's all about marketing.🃏 and for those who do not have the skills yet, rule of thumb is if nobody wants it you buy. and when everyone is standing in line you sell!! a goed example is air-conditioning systems, in the winter nobody want them and there cheap aka supply... when btc hit that 3,6k i deffenetly got the chills ❄️, and when it got above 54k ☀️😍 it was getting hot hot hot. agreed?
legend has it that he is still planking his way to a win this day...
that shit is hilarious!
wind resistance is a real thing. lol
buying the dip now
fuck off with your bitch coin.
watch his mouth drop. then he’s like what the…i’m super manning too. damn hilarious.
i tried to do this on my bike once. don't.
best part of the whole video. i nearly spat out my coffee
hahahaha... love it... i am the long term investor... this convinced me to move it ro cold storage...
take on me was playing at the exact right sport when i got to that point „ill be goooooooneeee
just after that, they passed satoshi on his mobility scooter.
just soo funny. 🤣
i could not agree more.
guess i’m moving to cold storage
— big - rocketman ... !!!
what’s an exit strategy?
he didn’t. he is still going down the hill to this day
doesn't look like that is a fixie, meaning the rear cassette is mounted to a ratching hub and thus the pedals can be stopped with no more than a light touch. if it is a fixie with no brakes then its full direct drive, and you have to do some crazy skater shit like getting a flat part of your shoe pushed against the tire and pray it does not ignite.
grip the seat tightly with your massive balls. we know you have them if you are supermanning to first place in a cycling race.
i've seen this type of video before. he uses his shoes to brake a little. he slows down the wheel on the fix gear enough to be able to re-clip.
you dont. the bicycle keeps moving forever till you reach the moon
edit: apparently this bike has no brakes and the gear is fixed. as others have said, in that case when he is done his superman routine and the bike starts to slow down, he uses his foot on the back wheel to slow a little bit more until the pedals are spinning slowly enough for him to match their pace and he re-clips in. ' original post: pedals are freewheeling. they are not chained with a hard-set forward momentum being driven by the rear wheel. so it is pretty easy to just put your foot in front of it and it will stop. then clip your foot in.
just roll back. your balls are spherical for a reason my dude. testicular torsion? what even is that!!
im pretty sure in the original clip he actually starts pedaling in time with the pedals and gets his feet back on flawlessly
just put your shin in front of it. you would not be worried about finishing the race after that.
the wheel spin independently of the pedals
he cannot. he has to let his speed reduce or he fucking dies. so maybe with the next uphill.
— very very slowly ... !!
do you not know how bicycles work? you just stop the pedals with your feet. they do not have to be moving round when the bike is moving.
like the kind who get acupuncture in their genitals
one small bump away from ed.
could you imagine training for years, thousands of dollars and time invested, prepped for this big race all year...and here comes this motherfucker zipping right past yah.
did you see the front runner's thisappointed head hang?
what’s the legality on this move?
pedals are freewheeling. they are not chained with a hard-set forward momentum being driven by the rear wheel. so it is pretty easy to just put your foot in front of it and it will stop. then clip your foot in.
this video has to be older than planking
would a sport’s guard help ??
>what’s cold storage? generally this means storing on some device that is not connected to internet and handled with high security (and is of course secure and runs good wallet like bitcoin core). can be a computer with bitcoin core (or electrum) program. could be a hardware wallet too (if you decide to almost never use it). and therefore 1. cold storage is supposed to be used rarely, like you buy into it, and keep it there for months or years 2. it is supposed to be extremely secure esp against remote hacking - cannot hack something you can no way to connect to, send almost any data to it or get back from it
storing bitcoin keys offline, eliminating the possibility to "get hacked", often done with a hardwarewallet but a computer that is offline works aswell
still trying to figure out how he knew how to do this, like it’s something people with scooters just practice on their days off
thanks but all the credit for this video goes to on twitter
seriously, there are too few really good shitposts. i am also grateful for this friday laugh.
especially when you consider that they are going down hill...
only the first 2 seasons were good, from the late 90s.
thanks for mentioning its digimon intro :), . couldn't remember... damn years pass too fast, what a great time with dragonball, digimon, pokémon . now i'm hunting coins instead :d
the song is my childhood
this was awesome, was cracking up the whole time. good job.
digimon adventure opening intro
yeah. he’s decreasing his wind resistance by doing that which is the biggest factor slowing you down above like 20mph. gravity is pulling you faster downhill than you can cycle. it’s just that all that air gets in the way.
just buy a little bit on a regular basis. look up "dollar cost averaging" aka dca. mining is generally not worth it for most people.
if you want to mine, yes but you can simply just buy btc you do not have to mine it
bitcoin woke us all up to a new way to pay, and culturally, i think a much larger percentage of us have become accustomed to the idea that money no longer comes with the friction it once had. - john battelle
- would’t a sport cup help... ??
- all out or nothing . play it to win it... !!
read about the various coins, decide which you think have potential. decide for yourself, buy and hodl. don't invest only in crypto, diversify and put your money into multiple assets, like crypto, gold, real estate, index funds, and gme.
elon is ... !
bitcoin is amazingly transformative because it is the first time in the entire history of the world in which anybody can now send or receive any amount of money, with anyone else, anywhere on the planet, without having to ask permission from any bank or government. - roger ver
mozart’ s “requiem” ...!!
- its like flying a passenger plane... all or nothing...!! ... very deliberatively...
— most people buy and sell regularily ... !
- are you a whale ...?
— a real superman ... !!
bitcoin is a bank in cyberspace, run by incorruptible software, offereing a global, affordable, simple an dsecure savings account to billions of people that do not have the option or desire to run their own hedge fund. - michael j. saylor
—- y e s —-
- military men do the plank regularly for health reasons ... ...
when something is important enough, you do it even if the odds are not in your favor. - elon musk
— “ he is …” —
— “ no...!! “ —
- the problem with most people is that they buy & sell emotionally... loosing every time... - —“ as always, ... always, buy low, ... sell high ...!! “ a plan sounds fairly good ... !! that’s what buffett says ... !!!
— congratulations ... !!!! —
bitcoins are like gold bars with wings. that is why i, and so many others, view bitcoin and its network as gold 2.0. - tyler winklevoss
— draw a map of time by months & weeks . trace the highs & lows. when they cross - watch for the second high & sell... !! repeat ... on lows ...!!! only buy
—- w h e w … ! any teeth left ... ??
— your name here indicates that you could use some good counseling ... !!!
— yes . it certainly happens ... don’t know what the rules say.
because the supply of bitcoin is limited, the price of bitcoin is going to have to increase and increase very substantially over time. my advice is that if you're interested in bitcoin and excited by bitcoin, then buy some bitcoin and hold onto them, and you're likely to do very well over time. - roger ver
— how do you know . ?? —
- what did elon end up saying about “‘ blue gas”’ ...?
not connected to the interwebs
- whst does hodling do for the whales ??
hi, can you point me to a link that explains what cold storage is and stacking? as ive bought monthy since 2016, dollar cost avg,,, but all in coinbase ,and a little other cryptos in robinhood.
this is michael guerra in 2017 i believe, i do not believe this was a big official cycling competition nor do i believe he was in anyway thisqualified or punished afterwards
this post is not going to be popular...but you should be honest if you post such a well made video...i still like the idea...but you should be honest about the outcome of driving like this :)
the price of ₿ is sitting nice at +96% over the last 7 months. zoom out.
perfect portrayal of a crypto-dawg ... don’t ask questions, just do what works.
glad you lived to tell the tale. pretty sure there were others not so fortunate. ' fuckin cold storage.
you need to hodl strong and have good belief only then you will be able to do it.
my rectum puckers just looking at the still preview. you could probably straight up snap your spine like a beam i bet if you crashed just right
would take quite a lot of core muscles to keep your legs straight while also balancing.
yeh trying to catch pedals again can be scary
what exactly is that? like move it to a hard wallet?
same here now my nights will be a lot easier and peaceful
obviously, a well planned transition back to normal riding positions when the ground is even. but most likely for newbies who lack such skills: crash.
when you meet whatever goal you set, different for everyone but set it and exit and be happy with it. no second guessing.
the strategy is that you do not exit. ["do not try to have an exit strategy, that is impossible. instead, only try to realize the truth... there is no exit... then you'll see that it is not the bitcoin that bends, it is only your measure of value that does..."](
find a body of water... then crash into it 🌝
questions deserving answers, answers deserving questions.
like a reverse sisyphus.
oh yeah i know some of those words
yea it’s a track bike (fixed) and you just have to match your feet with the rotation of the pedals, it’s also demonstrated later on in one of these videos
if i remember correctly, this is a training ride, not a race.
he definitely hopped on his balls to get into position. if that did not hurt him, i cannot imagine how anything could.
i know each word individually but when you put em all together i’m nothing but all lost >_<
not on this bike. it's fixed gear.
i'm sorry my ignorance offended you.
well as long as it is not a fixie.
he's riding a fixed gear so will have to catch back up. but with practice it is not that hard
instructions unclear. acupunctured my genitals.
acupuncture on genitals? are you sure?
do not leave out the anal cavity!
excuse you? that is illegal.
!lntip 500 don't needle your genitals
pretty sure what this guy does requires a lot of training too. looks harder to plank for minutes on a fucking bike than to just pedal like the others.
brutal lol and he sling shots past him
nope this is from a few years back.
- where do u get such a pendrive ...?
third season was the best, dawg.
apparently there is a reboot going on.
i get the aerodynamics of it but like, wtf i've never seen a cyclist ever do that before and i usually watch a decent chunk of the tour de france every year with my dad
someone else pointed out that it is a fixed gear bike so it is possible that by allowing the pedals to spin freely he is actually decreasing the resistance from his feet trying to keep up since gravity is doing more work than he could do.
... infatuated with his rockets.
— so far. have ya’ll heard of gesara...??
not objecting that. just reacting to the video showing hodling as the go-to strategy.
not sure about incorruptible, but the bike man is definitely incorruptible in this play!
- what do you know about “hedge funds” ??
— “ e l o n “ … !!! —
— “ ... but it’s only been a few months “ ... —
— am i right ... ??
all of them lmfao. if i had wrecked i wouldn't be alive.
- what are “ interwebs” ??
cold storage, is basically storing your seed phrase and password on a hard physical media (some people stamp them on metal cards and then plastidip them) then you take the metal card and drop it in a safe deposit box or their home safe. delete the original wallet and boom! you have bought your bitcoin and hodl'd. impossible to lose your btc from hacking or "mountgox", scam or selling in the rush of the moment. stacking is just doing the same thing periodically.
ive tried it, the higher you slide up on the handlebars the easier it gets. flat ground you can basically just lay down. going downhill you cannot go as far without being to front heavy so it does take a bit more. but i've only ever felt it in my legs. also can you tell me what hodl is?
this, but on hwy 1.
— any suggestions ... ??
damn, he gave away his winning strategy in training?
this type of bike is called fixed gear. typically that means the pedals move regardless of if your feet are there or not. you'll typically clip your feet in to help add power. to end this shenanigan: 1. he moves his feet from the super man to a more bent knees with each foot on both sides of the wheel 2. now that his feet are near both sides of the wheel he touch the rim of the wheel with his feet (simulating a brake) (again this bike has no brakes, brakes add weight) 3. once he is lost enough speed and can match his feet to the pedal spinning, moves back to a more traditional position and clips back in. or you know, you just burn off speed the old fashioned way.
it's not, you can clearly see the cogs.
"do you not know how bycicles work" - man who evidently does not know himself.
yeah. which these are not
still addicted to cigarettes, however my addiction to watching mxc has gone waaaayyy down.
you too?!!!! - (0)(0)->
sure...they said that it would help...
hi u, thanks for tipping u**500** satoshis! ^(edit: invoice paid successfully!) *** *[^(more info)]( ^ [^(balance)]( ^ [^(deposit)]( 10000) ^ [^(withdraw)]( put_invoice_here) ^ ^(something wrong? have a question?) [^(send me a message)](
yeah what i get from seeing this is that this man hs absurd ab strength. probably nice to rest certain muscles for a bit but your quads are still activated in that position.
that’s how the day traders feel
so is planking... right? right!?
somebody that stacks sats. aka, a person that buys bitcoin with every paycheck, regardless of price.
it is not great. the pacing is all off. the first episodes are the movie which was originally the finale of the show. the animation is good though
it’s not really a proper racing technique, just someone showing off. it’s only faster if he doesn’t crash.
i was wondering why the other guys looked like they were pedaling still. usually you would just let your legs rest on a downhill like that i would assume.
that makes a lot of sense...cool
please excuse my lg. print : it poir vision problems only.
hodl was (i believe) originally a typo of hold which has since been turned into an abbreviation of "hold on for dear life". the mindset of just getting as many and holding as much as possible without selling off.
i told myself that back when bitcoin first hit around 15k. i was wrong too.
this is the greed we see people hurt themselves with every single cycle.
never too late. best time to plant a tree was yesterday. next best time is now. this is the same shit people say every 4 years. yea, you might have to hodl a few years longer than people who already have their bags filled but it is still the easiest, foolproof way to succeed.
ymmv - but this is a real possibility. biggest suggestion, before you get thistracted by your day job, ensure you are in a long position! i day traded the end of the trend from march 2020 to oct, then went idle while fully long. the bull run got my attention somehow around 33k, sold half. then 62k, sold the rest. started buying back around 38.k, day traded my cb down to 32k, sold between 38-41k on that first test of 41k recently... \[edit: before someone flames... i'm back long in case that was not clear.\] note: i also have some sats in cold storage. second note: if i had never traded btc (and lost $...how stupid i was...), and before i gained some useful experience trading stocks, and dabbling back in crypto trading over the years... and instead took that small change and bought btc and held, i'd be much much better off. only the experience gained since has changed that proposition. trading is also one of the few leverage points i have to get more sats faster than pure hodl. i routinely compare trading results over the last few days, if i'm not beating it, time to stop trading!
what’s the difference? just because of safety? temptation to sell?
i can’t really say, your moon goals and costs are different from mine. i can say i reached mine but i got a little greedy and wanted more , though i did sell 25% but the rest i’m still up just that i saw 70% profits thisappear in 3 months like every one else
lol i'd look for a grass field and be like let us go time to crash lol
maybe he knew there was an uphill battle on the other end.
thanks for explaining 👍 it makes sense now
i do not know what you're seeing. hell he is riding brakeless there is no hoods. that's a fixed.
if it had a flywheel the pedals would have stopped spinning.
seems like it is. pedals are spinning like crazy way late in the video
yeah so easy to cramp the quads if you too tenze
lay flat movement! :)
cool thanks. is that the same as dca?
til i'm a stacker 😳
what about pro gambler?
technique is irrelevant when you win, until he crashes like you said lol.
no, you have to send the crypto to a local wallet on your computer from the exchange first. then do the above steps. i would suggest doing it with a very small amount of btc before going full cold storage. personally i do not have much crypto, fractions of a btc, so i just use a trezor.
that's a good story, so basically you recommend hodling when not actively day trading because you will miss 100% of the shots you do not take? i think the markets have fallen enough that future prices could be much higher. you are probably right.
safety mostly... but you're still safe in a trustworthy hot wallet. as long as only you have the keys and no one else. main difference i see is that cold wallet requires the additional security of having the wallet physically in your physical possession instead of on your phone.
- how long has that been now ... ??
do you think that ,000 bitcoin is going to happen...??
i have 1,000 in it ... !!
*look for a german lady in a yellow coat*, and be like lets go time to crash lol
it's the wind blowing them. you can see the gear cogs on the bike.
not seeing it in that list. unless i'm misunderstanding something.
yep. you can stack sats automatically every day’re looking for an easy way to do it.
people that trade bitcoin on leverage, or trade alts
someone who bets on and handicapps sports for a living or pro poker players
it's 2 fold really: 1) you do not want caught with your pants down when it takes off. (risks) 2) your day trading return must be better than buy and hold. (more risks) then my personal story is just: a) i've lost money by not just hodling b) i've made significant gains by not just holding. c) i now do both, or just hodl, never at 0 sats, ever!
yeah i set up long password, authy and than my face recognition for my hot wallet. than i also set up that my phone number can’t be ported out without me there.
— hows that ...?
you're incredibly confident for being wrong. the full video where he clips back in is in the link.
how could the wind blow the pedals lol. the wind would have to be blowing in two different directions on either side of the bike
>fixies do not have cogs have you ever ridden or even seen a fixie in real life? they just have a single gear instead of a gearbox.
looks like it might be the arm position being outlawed, no so much the rest of it.
you are not alone.
which wallet do you use for it? ty
wow, crazy. but did not actually seem that bad.
we should do it after their launch, so that the value of their wallets increase (provided this moves the price at all).
i’ll ask my mom for
i might even go a little nuts and do it twice. a whole
for all you smooth brain btc apes, that is: eastern time: 5pm central time: 4pm mountain time: 3pm pacific + arizona time : 2pm alaska time: 1pm hawaii time: 11am australia (sydney) time: 7am (sept 8th) japan time: 6am (sept 8th) china time: 5am (sept 8th) india time: 2:30am (sept 8th) russia (moscow) time: 12am (sept 8th) germany time: 11pm uk time: 10pm brazil time: 6pm now we have one less excuse. edit: formatting
son of a bitch i’m in……… i buy some of different tokens every week anyway. i’ll throw . lol
my dca is wednesday but hey whatever i’m in.
you son of a bitch, i'm in
don’t we want to buy after tuesday, say thursday so all the btc that el salvador residents get on tuesday will be worth more? pumping tuesday will mean they get less sats.
you son of a bitch, i do that every tuesday anyway
well if everyone is buying , i’m buying , lol.
i ain’t buying . i’ll buy 3000😎 so count me in! 😌
what's a few 30s among friends? **^(i'm in.)**
if you’re going to do this you should plan the pump for after it’s confirmed they’ve received their bitcoin. so they benefit from the pump.
kinda new can anyone explain if we all buy on tuesday what that does ?
[us time zones]( i suggest we hit the btc revolution of el salvador’s crypto launch party at 3pm, in honor of the , across each of our us time zones (i didn’t have time to convert for anyone outside us time zone) we can join together in a massive wave forever remembered. who’s down?
guess im buying some on monday
sure i’ll do it
i’ll buy .30 worth for the team
sure. lets just coordinate a 100 mil pump of btc. correct me if i'm wrong but this sounds greasy.
let us use and trend it on tuesday
i will do it. we should all coordinate the time also.
down for the count
i will buy :)
sorry but can someone explain whats the point of the . im in for sure. but curious why we doing this.
i'm in! but wait, why tuesday?
sure time for a dca anyways
selling my body tonight, 3 times per . a bargain!
2pm pacific - 23:00h cest (paris)
upvote this post to the top!
i'm in. any particular time?
you live and die together!
price is low. buy
i had a few queries. did the salvadorians already get btc deposited in their wallet? or will it get purchased on tuesday at 3pm? if it is the latter, wouldn't it be better to purchase after it has been launched? anyway, let us do this on tuesday
is this the new r?
buying !!! it will be a historic day!!
i'm in! let's support the el salvador!
i'm in. lets show our support.
this is a better way to pump than just to type go go go!
you son of a bitch...im in!
i'm in, that is a small ask
yes! let's do it!
69,420 sats costs roughly the same...
i think about this sometimes. how much is daily, weekly, monthly dca buys helping in keep the price up?
i'm out of the loop on this, but i'm down. is there a specific reason for this?
sorry buying around 60,299 sats instead
i’m on board too!
you son of a bitch, i'm in.
i’m down. everybody who buys . let it be known. let’s spam the crap out of the network with our buys ;)
up vote this post bitcoin tuesday 🇸🇻
we need coverage on other social media platforms! somebody start ! let's get this widespread!
## september - international financial independence day spread the word
i have to borrow ’s boyfriend. but, yes.
can someone lend me some 30
make it at least . hell, either shit or get off the pot. as grandad said “if you can’t run with the big dogs, stay on the porch”.
count me in! !
forever known as bitcoin tuesday, count me in for .
somebich, you had me at “buy bitcoin”.
love the idea. reminds me of why i got into crypto in the first place. i am definitely in!
perfect right after pay day. i pump bitcoin whenever i can anyway! just another excuse. i see your 30 and raise another 500.
ill do 3k. lets pump some bags
sure will do it - i am in for 30 bucks :-)
that's my usual monthly buy, and we have not bought yet. i'm in. edit 9: bitcoin went on sale today! i got 62,000 sats for thirty bux!
wouldn’t surprise me if there was larger factors at play and btc takes a dip, to shower shit on their parade. no tin foil hat, but what other countries want them to succeed at this ? not many. so deposit your ’s see if we can .
buy btc tuesday baby
were goin parabolic boys!
i’m going to sell my mom and put ,000 into btc on tuesday.
i'm down. edit: actually i'll just do 300. why not
el salvadorian, are u?
i'm afraid to ask... why tuesday?
whats the easiest way to do this ? to buy 30 dollars worth of bitcoin that is ? salvi american trying to show support.
fuck it im in.
i can get behind this
i'll suck a d for
let’s do it !
fuck it let’s do it
let’s do this 😎.
sure. buy . 10x
lets pump it up
was going to anyways soon so count me in.
are we doing a specific time as well cause that’d be epic. something that’s achievable for all time zones (mainly us cause we like to ball out haha).
if your in, i'm in.
i’ll buy …. for like 3 hours.
i dca ’ll definitely commit , easy peezy.
shouldn't we buy on wednesday? else every salvadorian will go "oh fuck"
can someone explain why are we doing this? i am new to bitcoin.
yeah i’m down. i’ll buy ’t.
my dca for . i'll just count that as me participating in advanced lol. it will go off again on the 15th lol
will this mean i'm only
sunday’s my dca day of the week so i might have to have a bonus round this week
5 pm eastern tuesday, count me in. let's make btc go through the roof all the way to 100k on tuesday. loololo :)
el salvador time zone is inconvenient, being 4am wednesday for me. that is even before the cat starts bugging me for his breakfast. that sure is a small amount at 0.0005949. shouldn't we 10x it? can i buy at bedtime the night before and still get my souvenir keyring or whatever it is you are awarding as door prizes? * follow-up: i'll load the fiat now to be ready, set an alarm for 0345, and tap the convert button lying in bed, then go back to sleep... until the cat starts meowing in my face at 0530.
fuck it why not. i'll do .
if we buy ?
i've . count me in bitch !!
i bought at 61k y’all coming to save me or what?
only if you are buying for me... no money gang
this is the way 🌋
judging by the number of upvotes it looks like y’all are gonna get about a bitcoin and a half.
i'll frontrun ya all.
if they have announced a thistribution, they have already acquired the currency, plus a margin. they did not promise to buy at time x, that would be foolish.
i’m a time traveler^see^username just returned from next tuesday and just wow! total m🌝 🌝n!! buying bitcoin now to be ahead of curve. thanks guys :)
celebrating as legal tender in el salvador ✊ 🇸🇻 🌋
nice, i’ll buy some.
i'll ask my wife's boyfriend for the 30$
i'll never remember this, so i bought 1000€ of bitcoin now instead.
eh okay i got
it won’t occur but seriously??? you have any idea how badly shorts would get liquidated??? gamestop would register as a blip.
i was planning on buying more but yeah
this means that btc will pump on monday as everyone tries to get in early.
i might even go for .
*excited bitcoin whale noises*
lets do it in solidarity for the saviour. im in.
i have my auto buy set!!
you son of a bitch, i am in
guess who’s getting his knees scraped this weekend
i’ll fuckin do it
thank you el salvador for taking the first step! we support you.
i have plenty but will buy .
min order is :d
absolutely doing this + another 120’t be able to buy their 30. i gotchu
i am buying for 30€ !
i will buy 300€ 🚀🚀🚀
im in for 300
2pm pst putting in .
coming in late on bitcoin… i want to buy but i have no clue where to start. i was trying to learn through coinbase i opened the account there and was watching the “lessons” 😞 i still clueless... where can i learn more so i can join the movement?
i’ll be buying .
you have my sword
let's make the news!!! hi mom!!!
how many pesos do i need to invest
maybe better to send some sats to a citizen.
me too! me too!!!
this reminds me when goku raised his hands and asked everyone to give him some energy to build a big ass energy ball. hell yeah, of course i'm in.
i cannot do 2:00 p.m pst, but will pick up on tuesday.
if i did have , i would.
bitcoin tuesday crew = btc
in. a country stepping away from imf is a very interesting idea!
hell ya i've got an extra 30 to toss in the ring let us do this!
is there a rst reddit standard time...hell yeah i'm in
lets do this! i may even buy some more
for all those in europe, it will be 23:00 berlin time. and damn, yes i am in!
it would not make any difference in the long run but all this does is ensure el salvadorian's get less sats than they would have if we did not do this. why not do it an hour after? or the day after?
the critics in el salvador, like the union and state pension fund holders, say bitcoin is not a good national currency because it is price fluctuates so wildly ...and then you post this. 😜
moscow user is in too
sure! how about we make this a sliding scale? those who can afford a lot more can buy more than , and those in 3rd world country that could not afford .
i see your 30 and i'm doubling
i’ll double it just because!
if y’all say it it’s law i’m riding wit it remember the gamestop movement 🙀🙌🏾🙌🏾🤙🏾💪🏾🙏🏾
hell yeah i'm in
i'm in. i dca .
why bother? 30 basically amounts to nothing
when i suggested something like that on r😅.
i'm all in! i either lose it all, or...
imma be buying more than just 30 dollars
watch a whale sell into the temporary pump to shake out weak hands
buy 30 bitcoins on tuesday, got it
i've been investing in alt currencies lately, but for this? i plan to buy at least 1k to 2k of bitcoin to show support on tuesday. let's go!
can you buy only (us)worth of bitcoin?
if you’re doing this *for el salvador*, buy btc *after* they thistribute .
i’m in, might add a few extra 00’s by accident
how do i buy ?
i'm salvadoran. i just taught my parents how to invest in bitcoin and made them invest a couple of hundreds early today. they noticed the gains immediately and are happy for the few bucks they see extra in their wallets. we're very excited!.
this is a great idea. i'm def in. what great support to show not just for el salvadorians but for all who believe in crypto's legitimate future! thank you el salvador. you are trail blazers!
i love the idea of the reddit community coming together to support el salvador’s ambition to adopt bitcoin as their official currency.🇸🇻
just got my ! had to do it early because i wont have internet later! 🎉
and there is the perfect dip to buy 🙏
desde madrid, españa, compro (thanks a lot nayib bukele 👍).
a little dip for a little thiscount? 10 minutes to go
so did this backfire or what?
i buy . might have to buy an extra , though!
i am in !!
i'll go , just cuz i was going to anyway
i can do that
i’m in as well. don’t usually buy during a bull run, but this is a good cause. i hope we can get this to take hold! 🤞
sure. pretty momentous day.
let’s do it! !
i’ll go 10x that in support
why not. i’m in.
i’m doing my part
i’m in. most of the 3m people in this sub are nocoiners i’d imagine. let’s see what we can do though
i'm broke right now but yes i will buy . for the memes.
viva la bitcoin! viva el salvador! viva !
i buy 5.00 a day soo no reason not to add another 25 to it
can i do ?
if this is the plan, then i plan to buy my . because why wait until after the price surges?
wait you mfers. is it tuesday or monday now...? anyway in for el salvador.
why thursday? and can it be ?
i'll buy 300 dollars worth
yeah! i’m down. i’ll do it on strike :)
yeah i’m down! i’ll do it on strike
let’s do it i’m in
maybe i’ll do 3,000$
people, post it on twitter. we should shill it to the big name youtubers.
i’ll go in .
“dad, can i have ”
what time? use utc
is this grassroots utopian hopium?
count me my friends!
i’m in… why not today?
i’m gonna do it
not waiting for tuesday i’m buying
tuesday? why not everyday. why tuesday in particular? did i miss something?
where can i buy it!
i’m in. maybe more! 😀
let's do it hermanos
no breaks on btc. you buy whenever, even weekends. 24
alpha here is to buy on monday and sell tuesday haha. i'll buy 30, been awhile since i stacked anyways ;)
wow, btc going to alternative dimensions🚀. do you think the aliens 👽 🥧will also want a piece of the pie? my answer is yes, yes they do.
okay, don’t have to beg sheesh. i’m in.
you got it. make a reminder on my phone. i’m in
i’m in. just set a reminder in my calendar
i get my btc free from mining. i make more than that in a day with just 1 miner
is this price manipulation?
can someone set a reminder please?
!remind me in 4 days
this thread makes me so happy. i’m in. i got .
ok i will buy
i'm in too !!
i'll definitely do it.
are us ants standing ground or?
i do not care what the price is, i'm in for .
haha yup i'm in
i buy . but i will up it to
i'll gladly pay you tuesday for a satoshi today.
i am down... more than .
i’ll be buying my 30$
why tuesday ? am i missing something
is this seriously a thing? what time zone are we talking so i can throw in my 30.
if every member bought ?
okay i'm in. i'll save up.
i got thirty on it?🤣 can't wait for everyone to cash out due to caps
tuesday is my lucky day! im in
if i remember, yes.
i love this. i'm in!
i only loose money i don’t have
i'm in.i hope everyone actually do buy it.
on tuesday, we are all (checks notes) el salvadorans i'm in
if i can spend 60, i can for sure buy 30
i've been buying almost every week.
i will buy 30 on tuesday
are we agreeing on a certain time?
i’m gunna do it cuz you guys are. but why am i doing it? edit: nvm i got it! el salvador we got you
i’m in how much do you believe 100m would affect the market? how much is needed for pushing over the 51k resistance? i guess 100m is peanuts but how much is not peanuts?
i earn about twice that per day through cefi, but i can still participate.
i buy . i would not be participating on the principle that bitcoin does not need "everyone to buy " to make it successful. dca and let the fate of btc unfold
shit, if only americans could learn to work together like us bitcoiners prepping to all buy on tuesday. 🙄😛
hate to buy at ath but okay
yep. going it on strike too
might have to do it ten times
i'd put it to a point that maybe sending someone 's a friend or family member who does not already own btc would do more to increase the adoption and network effect of btc... the more people that use it the better...
sounds good, i will do it
isn't this manipulation? 🤔 serious question.
let's get this solidarity!
these posts are so dumb. bitcoin does not need any of this to succeed, all you have to do is wait.
in, let’s do it
at 4:20 on tuesday i buy ….les fokn do it!!!!!
mowing a yard for
i say let us do .
you have my ax.
i am in? nah, i am in!
if i knew how to buy ...i would.
why wait? so the off work wall street chit bags can have their golf times and bbq’s then play us like they always do? nope i’m in now! why wait for the scammers? be ready to jump out when they get in! yo!
im put, im broke
mowing my neighbors lawn
i think it is a little silly but at the same time, sure i'll do it if only to be a part of the moment :p
remember to take that bitcoin off the exchange so we force the exchanges to respond as well!
added to my calendar.
you got my vote
what's your crypto investment these days?
i'm in pamp it
we need more group buys like this. i'm in for
so total noob at bitcoin here, what's happening on tuesday that is making it so everyone should buy ?
i'll borrow 's boyfriend. he's so cool!
put me down for .
let’s do it! how do we set up an automated buy? i’ll never remember what time to do it.
in ...what time est?
no idea why but i'm in
i wish i could do the remind me bot thing to remind me.
here you guys can have 30, and i’m hitting it raw
i am in guys can someone make a google calendar event invite so we can all add it in?
spread the word bitcoin tuesday! 🇸🇻 🇸🇻
i will do this!
i support 🇸🇻 bitcoin tuesday!
who will match the ?
4pm central, got it. im in.
you sonofabitch. i'm in.
ill buy 300. i bought 15000 last week. im waiting for pay day.
support el salvador bitcoin tuesday! 🇸🇻 🤜🤛
yes let us do this
what time in nz do you want me to buy at? im in! edit 9am wednesday for kiwis
i buy every day anyway. so why not
[you son of a bitch... i’m in!](
90 million is nothing in bitcoin terms.
use swan bitcoin buy
i love group buys. bitcoin tuesday!
im in! i’ll buy 60’t lol
shit yeah ill do it
maybe it would be good to hold off on this for a few days so that our ??
in it to win it.
although its not on my regular buy schedule. i'll make a special buy for .
i’m down once i convert the date and time to australian clocks
just turned in the recycling for my &30
isn’t this illegal lol
reporting for duty sir!
let’s go! i know i will ;)
so if this whole sub puts in 30 each, with some going for greater amounts. how much will btc price go up in theory, i'm guessing not a lot.
i wanna buy it, but i do not know how. and robinhood is out of the question
you know the wave, let us get bitcoin to 100k😤
how do i do remind me thing on reddit?
any background? or just number go up?
so let me undestand this plan, let us say i put on 30 dollars of bitcoin on tuesday what does that mean
pick pick pick me!! i wanna do it!!
who organized this? i’m in
if you have any rich friends, text em to join in
if i wanna join the fun but do not exactly know how can someone relay some info? just soo much info out there im not exactly sure what's good. preferably just gunna be saving small amounts at a time & figured now is better than later a good exchange in canada & some good infosites i can read up on
i dunno what your doing bjt. im in.
i'll ask my wife if i can buy lol 2pm
just set a reminder for myself. i like this.
ill buy 30 btc 👀
alright, alright, alriiiight !!
every time i go to the grocery store in the states right now i walk out paying fucking . i'm in.
somebody care to explain why? why tuesday? do you think the price will rise that much when el salvador adopts bitcoin?
what time do we buy on tuesday?
ill do .01 just to beat all of you.
3000 on monday and 30 on tuesday
last second of monday has way more value tho
maybe we should wait until we have confirmation in case there is a delay so we do not raise the price before they get it.
if i can make 'm in.
i’m in. can i buy more than ?
let’s pump it up for el salvador!!! 🇸🇻🇸🇻🇸🇻🇸🇻
day before payday :'
i’m in if you all are in!
i will ask my grandma for 30 dollars.
i am in... lets do this...
i’ll take your entire stock!
i'm in. best dca time.
and remember, no selling till the big dogs jump on the band wagon so we can stabilize the price with our sell offs. but honestly, might still hodl
hell yeah…lfg! i will forgo taco tuesday for !
i’m in for 1k
haha you guys are nuts. ok i'm in!
are we all in?
i think i will!
gogogo what a day, we will make history my dudes! 30
lets gooooo... bitcoin to the moooonnn!!!!! 🚀🌕
let me go looking under my couch.
my birthday is tuesday so... i'm in...
guess i gotta put upload some cash.
i have subbed and will join in support.
fuck it, i’m broke and i’ll pay international credit card fees for this but i’m in!
why is op locked?
yes! buy it all!
i am in 😀
maybe im pessimistic but this seems like the perfect opportunity for some btc haters to slam it down to spite el salvador, all the central bank fud and all. it highly benefit them if they have a rocky start with bitcoin
this is a very good idea 👍
i rode than you need 90m in order to move the market from 1%
can i get a reminder please?
i buy , does that count?
hello sec? this guy right here
what time is that in eu?
history in the making
let’s do this! supply squeeze!
commenting to boost awareness
let’s make this viral !
no, you want to do it on the 8th or else we risk front running the people there. they need time to install their app and get their bitcoin before a potential pu.mp is created.
i down for that. you have my support.
let‘s go, i‘m in!
would it not be better to start dca for 30 dollars over the next month, so that the people there have time to set up the wallets and enjoy the "pump" ?
i’m in, why not. 30’t change anything for me, and more sats is always nice.
you can count me in. i live in hungary so i am buying btc worth 30 eur at 12 am here in hungary.
looks like i'm busking this weekend.
i buy ,000 worth of btc every week, recurring, but this .
best i can do is 27,50$
launch time is 21:00 utc. i’ll be in siberia and will set an alert early that morning…
did you say 60 dollars of btc on wednesday? got it.
if everyone in el salvador gets , that is .
so what you're saying is i should invest in bitcoin today, then sell on wednesday?
lets make another reddit pump for el salvador 🤑🤑🤑🤑🤑🤑🔥
i'll buy it from paypal. they have a buy 25 get 5.
great idea. as the whole community is prolly not gonna buy, let put a bit more after all, bitcoin is the best saving account
if you actually wanted to show support for the salvadorians, why not organize this pump after they have all received their 30usd in btc, so you actually pump their bags (and show them the way) instead of causing them to receive less sats for those , and probably causing a dump right after they get their btc??
crazy that its only 2000 btc if btc is 50k.
so what your saying is i should drop 5k at 125x leverage at 1.30pm?
fucking hell. i laughed out loud at the xomments. im in!
i’ll buy & on thursday
my son will be 3 year old on tuesday. i will buy 3 time
count me in. can't promise that it would be 30:)
fine i’ll do iu
i am in ;)
yes, i'm in! it will be a nice gesture for people of el salvador. let's support each other!
2pm pacific standard time is 10pm in the uk. count me in!
let’s also agree no more than ; don’t go all in and make all of our addresses look bad
im in! i just know theres some money to be made behind a dumpster somewhere, ill get on it right away... for el salvadorrr!!!
google calendar event link anyone? might help for the timezone differences
? sure. but due to time zones over here in asia, i will buy in a little early.
i will ask my boss
i’m in. would love to pump btc for el salvador if possible. also, love another reason to buy more btc
isn't 30 dollar's worth bitcoin frozen right in the exchanges due to withdrawal fees (which are mostly due to tx fees?)
i like it, i like it a lot! i'm down.
yeah i’ll buy 30
i thin it is bad idea. because after this pump will be big dump. and it is not well for currency
i'm gonna go pimp myself to some bored housewives to earn me a
i'm in, as if i need another reason to buy btc.
you son of a bitch! i'm in.
note to self, coinbase will crash 3pm mountain standard time tuesday.
you guys made r
excellent idea. but let us make it 300.
what time will that be in uk ?
you sand of a beach, i'm in
hell yeah i'm in, do not know why but i love the idea of a mad pump. can't wait for the media to give it some jackass explanation and say ooh it is too volatile and manipulation. fiat currency is volatile, just look at afghani and a lot of south america. good on e salvador for trying and really hope it works for them. so what time gmt is this i need to place my buy order?
i was planning on doing . historical day indeed.
i'm down! count me in
thanks for the advance notice about the pump!
let's do this i'm in!
im late to the party. why are we buying bitcoin on tuesday?
waiting for the treasury to print more green or for prices to go down…
son of a bitch i'm in. we gonna make el salvadorian twice richer in tuesday.
i’m sure not everyone of the 3 million members will do it so i’ll pick up some of the inactive slack and buy ,000 worth 🥰
"support gesture" my ass, its a pump. you tryna make money. but so am i so yea, 30
rather than bitcoin wouldn't it make more sense to choose a alt coin. why not do gerowallet.
i've been buying that everyday!
2pm pst or 5pm est!
i'll ask my wife's boyfriend to loan me
that's my dca day anyway so yes
lol i know how this ends bro. the price will dump at that time guaranteed!
i buy bitcoin everyday, so i will definitely be buying on tuesday.
you want to add coordinated volatility to show people that bitcoin is worth using? this is backwards.
tuesday just came today for me. lets go. 🚀
my dca is on tuesdays so yeah i guess i can join
you're going to make me regret having 20 other accounts, are not you?
my pizza cost me . this bitcoin order is a deal
buying bitcoin any time is the right thing
luckily my dca is on tuesday! i would not even have to edit my settings, hehe.
power to the people! if every living being on earth even bought 10 dollar each month of btc imagine what 7 billion people could achieve in a year. keep in mind money gets printed by the year in the billions, what is 10 dollar a month? its just a fraction of time until btc becomes worldwide adopted as payment option in banks retailors ecommerce etc. and this is good because the price wouldnt drop as heavily since you dont need to cash out to dollar. fast, secure and the future of technology.
i say we do it!
you have my sword, bow and axe (and my 30$)
keep calm because the 🐳’s are gonna f*ck you up...
at what time wil this be in amsterdam?
doing this, it is just 30😄
i will, great idea!
thats funny, i already buy €50 of btc every tuesday, for the past 3 years now. is that enough or should i buy ?
this is a really cool gesture, i'm in.
i'm in why stop at 30.00
i mean… i buy bitcoin everyday,
count me in. spread this on every social platform! we can get more than this involved! go!
of course. it's not like i'm selling it anytime soon...
oh i am down. putting this down on my calendar.
no because my bank wont allow me too 😕😕😕
this has never worked, but i'm in.
what stock symbol are you buying?
yo can someone send me ?🤣
?? i'll throw down . let's celebrate
once again... what time do we buy it on 7th of september? let's show the world we support el salvador's monetary freedom!!!
i’ll mow the front yard for
front running you guys and buying today
this is going to end in tears. it always does.
so you are trying to organize a pump?
why not let us do it...
i’m in you weirdoos!!!
yup. tuesday and wednesday.
in! 300 let’s go!
count me in too. 30 usd worth of bitcoin only going to grow.
doesn't seem like enough members have checked in. i'll do 3x or 6x to help!
my dca bot buys 20€ every tuesday at 8 am utc+2. i call that passive activism.
spreading round reddit now, nice idea man! if everyone reaches out to twitter talking heads, this could grow some legs.
let's make this a tradition! tuesday is buy
if you cannot get money to the exchange in time then change over some shitcoins!
i’ll buy , secretly for my wife and her boyfriend.
count me in for another 30. a slim chance at helping a lot of people who have been left behind and are trying to solve it themselves is worth a few cheeseburgers.
can someone make a ticker for this so it will be a worldwide pump please?
1100. fuck the suits. buy bitcoin.
i'm down why not :)
bitcoin is for the people and this will be symbolic! i will be joining in on this and letting everyone i know to do the same. bitcoin is hope.
yes! and store your bitcoin and other crypto on celsius to get up to 17.78% apy rewards:
i am definitely in. europe come on!
is a current idea of many reddit community members or just a proposal idea of one member to buy 30u?
kept seeing throughout social media about this action and i wasn’t sure if real or not… i have finally found the reddit thread and i will definitely be joining in with my fellow bitcoin supporters that bitcoin is here to stay and create amazing things for us the people! let’s go!!!
i'm in from the uk
im fucking full in with !!!!! let’s rock the shit our of btc to moon 🤜🏻🤛🏻
yess. 30usd from austria on tuesday
what time we smash buy
just set up an alarm
count me in !!
greatest idea in history! i am with you ser! at 2pm pst i will be buying !
we need a specific time, like late in the evening- el salvador time zone.
time zone clarity for confused folks like me 👇 el salvador - 7 sept - 3pm; sam francisco - 7 sept - 2pm; new york - 7 sept - 5pm; london - 7 sept - 10pm; paris - 7 sept - 11pm; india - 8 sept - 2:30am; melbourne - 8 sept - 7am; let’s do this 👍🏼
i'm in. 30€ tuesday, from spain
can someone please supply a source for the 3pm time. i can find news articles mentioning tuesday but none include a specific time. not doubting, just want to verify.
yh im in bro
safe! i am in
i will do it.
i’m all the way!!!
guys, the whole point of buying in at the same time as el salvadorians get btc deposited to their wallet is to support the country and its nationals and to celebrate what bitcoin is about. so, remove any personal greed from this transaction and show your support! i pledge , which i will hodl together with the rest of my btc. i support el salvador 🇸🇻 , i support bitcoin, i support cryptocurrency, i support financial freedom! do it right, this ain’t about a pump and dump!
just wonder when the day will come for the thiscount offer like this
nice. just buy after everyone gets their 30 bucks in bitcoin. not before.
count me in 🙋🏻‍♂️
i’m in, but on one condition, i’m gonna buy 5 minutes early right before all of you pump it 😉
i am from sri lanka and i will buy 30
buying 900:) at what time?
bought 100$+ support for the community
let’s do ist guys!!! that will rock!
count me in what time eastern time?
if anyone sells after then they are a whore we must buy and hoddle
this idea goes against the salvadorians. when they register their wallet (probably next week) they will receive less sats for ...
ok we add , got it 🍺
i am in, what time gmt?
absolutely!!!! i will participate and buy bitcoins and show those who shorting against bitcoin!!!!
we are all one helping each other out and showing governments and institutions, it is more than a quick cash grab! 🤗🤗
if this community looked at penny stocks it would be off the hook! some of these would move 5000% in a matter of days on .
need to talk with wsb members
sweden back you up! im in 😃📈💰
maybe 30 usd with 10x margin ?
of course +:00 midnight - 8th sept. sofia,athens,helsinki,riga,moscow, etc
shut up and take my money 💰💰
i’ll just dca another 5k into my already existing 15k position
just to say , i was here !
you have my axe and my ! 😁
i am in as well ' being first out of all the countries in the world, they are making history and showing support for btc and el salvador def. for good
lets do it :)
it's not 30 usd, but i give you small tips for this movement! i had usdt, so i sent you usdt. maybe i need to convert usdt to btc for this. [ let's move move
i'm in to! support!
i'll be buying 3pm mst. thanks for organizing this, or at least putting out the thought.
what time should i be buying btc if in sea time? i wanna support too
let us do this!
agreed. it’s not about the profit(that mind-set is why so bankster)… this time it’s about making our own moon-shine. ! profit is profit is why this project has taken sooo long… if the movement is all about fucking autonomy and self-worth via immediate grandizing, and farming crumbs to get rich now… then the pump dump crews are the ones manipulating the volatility. ya learn that from ws… someone always gets hurt too. that’s exactly why there are so many coins… today - is historic: 9 a country is fully endorsing the 1st cryptologic coin ever created from a cryptic fuggin christlike anon (?!) satoshi nakamoto… let that fuggin resonate and then bake! i remember teaching (as an earth science teacher in nys) in vr as a pioneer in second life (07). i was using (crypto) … satoshi nakamoto was helped by many of us (as teachers) in sl by supporting his project by embracing his vision. we were able to exchange . i wish i had the 100 btc i had then... now. the entire vision for us teachers in sl - was to promote a new fresh start. a new world. a place in vr where we could not be bound by race sex creed pol or physical boundaries. a place where we could demonstrate to the youth we were teaching, by modeling by doing — that… funny... if my vr classroom was humming like it was then - now, i could have had my own freeking school thistrict of global students in a really cool af vr place. it was an island actually, no walls, just beach front a 50’x100’ white board, a bon fire pit and 30 logs around it. i set the settings to midnight and you heard waves crashing and seagulls. i connected my nys hs students to a peers classroom (who i befriended but never met) from auckland new zealand. both our student’s immediately bonded and were thrilled from day one. think - what that action could be like fast forward to today... there were shops in sl and ways to work in vr by running these shops and in making the virtual goods (art, suits, clothes, vehicles (i had a harley) for example, and so on. a vr economy, education, interaction, community and all this spilled over into real life too. think - metaverse? that term is old btw. we were using it well before now ( decentraland?). the fact of the matter for celebrating - today - is this... the virtual - is matrix-ing into the real world - as we speak and in a very real - real way and on many levels… viva el salvatore then i say! viva means life! live! today is a face to face step the fuck up moment to banksters’ faces! a moment to say “whatcha gonna do bro?!”… a moment to say fu with a coin! ahhnd, that coin isn’t even real — or — is it?… viva satoshi — viva!! so... 5:00 est you say huh?... i’m in.
ahhhhnd if you ever —> needed proof of piece of shit ws whaleshit manipulation... it’s in who the fuck crashes btc and all other relevant cryptos today - in an hour?!!! fuck them into the dirt! buy the fuggin dip and hold!! fuk these banksters for real now!
too many people either jumping the gun or not aware of what time to buy. guess we would not see any result this time.
and now it’s down to
ready for action!!!! just waiting with a coffee mug for the pump
one more hour !!! we got this !! everyone buy
45 min it’s go time!
sorry i bought early. and slightly more than suggested. however i feel under the circumstances i still bought in the spirit of today.
bitcoin on sale today for the community buy!
looking at all the suckers in here. one born every minute. lol. read up on the us and latin america.
so is this still a thing or everyone here scared and bear now? or was it for last tuesday, instead of next one?
damn... wish i could have been a part of this. im new.
are y’all still doing this i want in
bitcoin is a buy now no joke
, i mean ,000, no no , fuck it . pussy, . let’s go
why buy on tuesday when you can buy now and it becomes !?
hahaha do not make this sound too much like a pnd, that is bad publicity. i'll be buying to stand with es, but do not feel pressured to do the same :)
i already buy 🙄 edit: and i also lose it all every week in a horrific boating accident
you people understand market cap? 100 million dollars on a 900+ trillion dollar market cap? someone do math
cool, i buy on monday then. when around 1000 people do this 30 on tues thing i'll cash out biggly
a scheduled pump, what could possibly go wrong?
this is a pump and dump, you all are scum, especially op.
i’m going to front run you guys and buy now
the traders among us will try to buy before the rest and then sell high. game theory is a bitch.
well i know what times to take profits now.
market manipulation has never been so fun
bitcoin doesn’t need this to succeed. i’ll pass and stick with my regular dca
for those of you who have been holding since 2017... when do you guys sell? i realize i’ve lost huge opportunities for holding for so long. example: if i would have sold when it hit 60k and got back in during pandemic. just so hard to gauge. we keep thinking it will her higher (and it will) but part of me wants to take advantage of bull run and market crashes. ideas???
i ended up buying a hell of a lot more bitcoin than ...haha!
got to ask my girlfriend's husband for that 30$
this is literally a coordinated financial manipulation of a security. pump and dump.
can someone give me 30;)
i identify as in.
so you just cordinated a pump and dump
nope, will be hovering my finger over the sell button while you all do this...
tuesday’s not good for me, can it be wednesday 2pm gmt?
wouldn’t it make sense if you wanted to help the people of el salvador to sell ? if everyone buys, the price goes up and the people setting up their wallets will get less btc for the . not to mention if people all plan to buy on tuesday many will buy on monday to get the price at a lower cost. so you’ll have 2 days worth of increased cost and the ’t go as far for them. or am i missing something?
well coordinating it feels like that should be illegal...
these stupid posts that try to act like there is anything humanitarian about their personal get rich quick scheme are hilarious. you would want to sell if you want to benefit salvadorans buying bitcoin, not artificially inflate the price of the asset higher causing them to lose money when it corrects.
you're showing bitcoin has value through an artificial pump?
i'm in! but this whole thing is scary.
i’m from canada, i’ll put in a round canuck hundo!!
you know most of the salvadorians are gonna sell their btc immediately.
but real money would be if all on reddit dumped bit now and jacked it up on tuesday. the first crypto reddit pump and dump. or the first reddit dump and pump? you decide
so many of those members are bots though lol. but i already buy 'll throw an extra tenner on tuesday!
i cannot since my debit card is prepaid-only like wtf
i'm in, but i'm worried people will use this information to buy now and sell after the price pumps.
for those trying to get ahead of the curve: maybe the el salvador gov have already bought ready to thistribute.
should reedit u…. let’s say 5pm est?
should be 30k. im doing 14k
i do not need to buy it i'm hodling. why wait till tuesday?
i dca weekly, why specifically at the same time?
im in like flynn!
that will be 12 am in uganda gmt +3. i'm in.
i’m here for the 🍿
how will this effect the price of bitcoin? could i make a little income off this?
how would a pump benefit el salvador especially if it was followed by an inevitable dip?
give me some btc then, 30
yes sure and you go long on it with leverage x50 on it rigth?
i’m in. so what time exactly?
i want to add that "buying" is not the same as claiming !! the real value of btc as a currency is that you need to hodl it on a key chain(wallet) that you hodl(own) the keys to. (if you do not own the private key, you are using something that is the exact same thing as an issued dollar from a cc company or a centralized reserve - a note that represents a value, but you do not own it) purchase on exchange > send to wallet you hodl the keys to > hodl your wealth-monies-that-you-control > feel-the-power-of-the-moon-goddess edit:add some stuff, i like the moon goddess(dont care if you do), you are the corny one, and i like edits... 2tm anusholes
so the price goes up at 2pm then el salvador gives …. so the citizens won’t benefit? i don’t get it
instructions unclear, bought 30 btc instead.
lets kick off this ponzi to all new levels. im in.
bitcoin is meaningful? yeah...ok. hbar till i die.
... you do realize that, to be used as legal tender, low volatility is literally one of the most important features? meaning that pumping this will achieve the exact opposite from showing how well it works?
i’m so confused about all this. can someone please explain to me what is going on?
yes i am also buying more btc lately. gotta stack'em all (as much as we can) before banks get official approval to dive fullblown in and fuck it all up. (by that i mean ex: when fidelity and the likes allow customers to buy crypto on their platform, when invesment banks get full approval for etf and such, when banks, etc.)
yeah lets pump the price before the salvadoreans buy!
4pm cst tuesday, i’m in, if we have any whales, feel free to 10x your .
we all go out and make this happen
let's drive the price high! then when others dump all these poor guys will have lost money! yeah!!!!
i think that is the wrong approach. the 'm pretty sure only a fraction of people going to d. so when we collectively buy on sep. 7 the price of btc will go up and their . so the better approach would be to buy later to increase their wealth. sep. 21 would be a better date to buy i guess.
good luck. someone's gonna dump after you pump.
this wont end well
i'm in. i'll buy on exchange and max the leverage. :)
will they have an exchange or something? or we just buy in our regular exchange?
it would be pretty insane if 3 million people got involved, count me in.
what is this? investments for ants?
maybe someone can buy 30
i am in bitches
what time should we buy? any time during the day or a specific time? maybe midday of your time zone so it’s like an hourly wave of bitcoin purchases throughout the day!!!
where can you buy bitcoin?
wait, what's happening here? i really missed the train, would someone kindly explain?
in there like swim wear
that's around 25 euro, can do that
im from germany, where can i buy bitcoin? xd
omg youre such tools
could this be bad in the way that people wouldn't want their currency to be able to be pumped in such a way,?
someone eli5 to me, and i mean really dumb it down, and i'll do it. i do not know squat about crypto, how to purchase it, where to keep it... literally all of its a complete mystery to me
thadius b you son of a bitch , i’m in !!
bitcoin tuesday! i'm in.
ok, 6am wednesday for me, but my (usdc) is in!
wait longer, so and have the wave start in el salvador
everyday a new shitpost from crypto makes it to all. newsflash: el salvador is using crypto to hide corruption, not fight it. [ they're even more corrupt than turkey. you guys are delusional.
don't be a smooth brain, the only one who's gonna make money off of this is op and anyone else who has a good bit of crypto to sell already. you would not make shit off of .
yes let’s do it !!!
binance only allows me to buy with €100 minimal :(
thadiusb can suck my d. everyone else who's supporting this, get in line.
i wouldn’t buy bitcoin for a while.
before or after it tanks ?
?! you know i do not have that kind of money.
is there and way that we can like send a wreath or a gift basket to el salvador?
i’m from all and haven’t checked the sub in a while. can someone explain what is happening? edit; got my answer. i’ll join in.
all right! very small but meaningful (even if only symbolistic) gesture. count me in.
i dca . count me in.
i'm in. 10pm tuesday it is.
gme for bitcoin lets go
love it. let's do it. i'm in!
i'd rather buy 60k sats
i'm in! set a reminder
ow yes ! i am in ! might do 300
what do we do after we buy on tuesday?
live the community collaboration im in
already transferred money over ready just in case there is a transaction issue at the time
love it, let us do it
i'll be frontrunning and dumping on your longs
will buy one whole bitcoin
damn im in too
tuesday is rosh hashanah, i will be praying for the whole day
i’ll clean my girlfriend’s bf car for 30$
if somebody can zelle me ’ll do it.
this is a very good gesture, but personally i think we all should buy half hour after it is been thistributed otherwise the people in for the money will start taking profit come 3pm, i'll be holding i just do not want there
i guess i could buy ... on monday.
well, i have a spare 50 bucks in my exchange account... why not?
time for reeditocracy to fix the world.
i'm down let us do it!
how to get started? kraken?
well looks like that is going to be an interesting start into the week...
count me in for
you son of a biatch... i'm in
i am in! lets do it
sounds fun count me in lol
sounds like a plan!
<bitcoin passed 50,500 later on friday as a return to the 50,000 mark put bulls firmly back on the scene.“the moment that bitcoin is breaking out of this 51,000 level, the chances are that we just get one vertical candle towards 58,000, or even 60,000,” crypto analyst claudtowner predicted in his latest group.he added that under that scenario, altcoins, which this week have gained considerably, may lose out heavily against btc.but there is still a chance to gain upper hand in the market, which myself an friends did and earn over 4, you can reach him on telegram .
you son of a bitch! i'm in!
i'm in! as an european i will put in 30 euro.
bitcoin will keep going with or without support so not we will not help you to make your shorts work
60k incoming thx to this thread.
a pump and dump fuck yes
pumping the price one hour before they get their bitcoin, so it is more expensive for el salvador? how is this supposed to support them?
let’s [] do it
great idea, let’s do it!!!!
i’ve scheduled a purchase
won't this cause it to pump and then create a massive sell off dump? is that really good for el salvador?
edit 4: this sub is full of poor autists.
i like the plan
5 years from now that +
shit, lol bought some last night.
you had me at the nipples. lets go.
i have some shitcoins that i can throw at this.
i’ll ask the wife’s boyfriend for , he’s usually good for it
hold on i gotta check my couch cushions
what time is eastern then?5pm?
i'll buy on tuesdays! let's support them!
i hate being poor. you guys have fun!
won’t this drive price up which will shortly dip giving the whole country a loss? why dont we all sell to drive price down so they get a thiscount )
yay!!!!!!! go el salvador! now this is the kind of hype i can get behind.
you see, if you know something about utxo (unspent transaction output) , they you wouldnt want to buy just 30, looking into the future.
i’m in ! 🚀 i’ll buy more just to get more out of exchanges
anyone can quickly explain how i can invest 30've never done it, i'm located in spain
ok sure, for the memes
good take my 30€ and go to your moon, if you want it so much.
recently won keno, lemme up that to ...00
how about . and ?
wife’s boyfriend said it was cool, so i’m in
i’m already all in
what is the symbolism of ?
[you son of a bitch, i'm in.](
someone call wallstreet bets. 💪
i'm down. i heard bitcoin transaction times and fees have improved a lot so i do not see why not.
i already got some, but a little bit more, why not
i mean shit, why not, i'll make it . rent is not that important anyways.
what a special way to organize a pump
this makes no sense, if anything we should all sell (theoretically) the price drops a bit for el salvador to pick up at a lower cost, helping the adoption overall
im in too what time exactly are we gonna all buy ? this is an amazing gesture edit: ok 2pm pst in
guy i can’t even buy breakfast come tuesday
fuck you guys, i’m in. i’m in the us, what kinda wallet and where do i buy? i’m ddumb plz help
is this a thing?
might get a pic of the transaction and nft it ;)
already got , what's another ?
*must not ape in*
fuck outta here with this coordinated pump shit
sec this post here
god there are some losers on here. i am down… . together we are stronger than the fed.
why the hell not
i'll break bank and buy for 31$
if i sell this fart in a jar before then
i'm down! let's do this! i may buy just a little more than ... since its my dca day!
i found 30 but have some stuff stuck in my throat
lol and i just spent my last . guess i'm gonna mine some more. i only ever use nicehash once a week each month. .
more traction for this please let’s make this a thing everyone in cc does
how do we do this?
i am in!! lets go!
you son of a bitch, i’m in.
i dhpuld have waited. i just dropped close to 30 on some lmao
how do buy bitcoin? -old lady
fine. i’ll be buying 1000000 bitcoin
just talked to my core group of friends. we're in.
how do l buy it? where so l go??
don't expect all members of the subs to see every post. a more accurate estimation would be the number of upvotes. that takes 3,316,862 down to 6,300 at the moment.
i guess i can take this sexy bum out of retirement one last time for helping the cause of world wide freedom...bankers are the o.g. pimps
buy ,000 worth of bitcoin got it
blatant pump and dump.
fuck it, i’m in!
aiight let’s do it
right after the lotto tickets
are we gonna do an ape strong together?
so what’s a good app to buy it in?
guys i’m new to all this bitcoin and how does one buy the bitcoin on tuesday?
will that only buy 0.5999899997999899 of a bitcoin?
how can i buy crypto in nh? i have no idea
>!do it!< ~~do it~~ *do it* **do it** [
what time zone or does it matter?
i'm down, let us do this!
us marines land in el salvador to liberate , monday afternoon.
will ? asking for a friend
how do you buy bitcoin
i’m in i’ll buy
sounds great! trying to time it at 2pm, for maximum affect, and a show of support!!!
son of a bitch i’m in!!! 🍊💊🧡🤙🏼🌽💯
yes, let us pump this shit up. i'll do 300 not a limit just an open market order in the morning 👊🏻
im in with 100€. for the horde !!!!
what’s this about ? info please ? i’m interested
sorry, but why ? what did i miss?
i'm game. do not underestimate the power of memes
twist my arm why do not ya. i'm in.
i will definitely take part in.
remind me 2 days
my order is set.
what happened on tuesday?
sure, i'll join in.
i’m in what time uk 😀
love it!!!!! i'm in!
not all of them are active though, i will be surprised if even half million of those are
let’s fuck some s*** up! i’m in
bitch of son, in i'm!
i hope that bigger countries will follow this decision
im gona buy me
saylor and elon better step up
this is a must. ₿ was made for collaborations like this.
bitcoin have the pace to make it for the future
will buy 30, may extend it to a whole week of buying, who knows?
i mean, why the hell not?
let us do it
this will be a historic moment for bitcoin. to be able to show that you bought 30 dollars of bitcoin on 7th sept 2021 will be huge in years to come. for , i’m in.
this movement has taken grasp of twitter. september 7th will be epic!!!
pumpemos bitcoin to the moon carajo
a bitcoin pamp, it is happening!
i plan on buying and ’t get paid until friday.
bamboozakoos!! let's f*king do this. i'm in. waiting with my ...
lfg we have only us time to show our strength
tuesday its on like donkey kong 😎 the reddit army is back
it’s tuesday here, and i bought bitcoin in solidarity
my 30 usdt stand ready
im in! what time for usa eastern time zone?
i'll buy on the 8th to show my support. one goal i hope to see crypto fulfill is its ability to help spread wealth to other countries that are in poverty. i'll be thrilled if people in el salvador end up a little better off by my miniscule purchase. either way i'm still banking on another 4 year cycle so i'll just hodl my btc in the end. but definitely support this movement and hope it is more then just a pump, i hope we truly let others share in the wealth we've been able to create digitally.
i’m from el salvador! i’m joining in just because yolo
already sold my 100. hope we can make a change for el salvador.
at what time will this be? i am from the netherlands buur will buy .
i‘am, time noted! go south america!! we love you all!
lets fkn go: reddit - bitcoin - control the meme (control the universe) - edm tribute to bitcoin
what time is that in eastern standard
im in and support this aktion tomorrow on all my places were i buy normally bitcoin
i’m in. stay humble.
let's do this baby!
i think raising the price artificially before the launch in el salvador is not really fair. they get smaller amounts of bitcoin for the same 30. as i see it, we should buy after the launch...
im down for 30.
what platform are you guys using to buy? rh?
las 15:00 en el salvador son las 16:00 en colombia. compraremos btc
so if i am correct it will be like 11pm in stockholm, sweden. i'll put in .
remember remember the 7th september
i'm buying 30€ worth of btc tomorrow then. i just bought 700€ worth as well. 😄
only pump. never dump. ✌️
it would be nice if we could donate . buy .
you crazy sob. i'm in. that's 5pm est for me.
i am in too! count on me and my network 🚀
yes, lets all buy
"but more importantly, bitcoin will assure salvadorans that their money will not be debased — no matter what. when opting for bitcoin, people from el salvador will have ultimate financial sovereignty, being able to use their money for whatever reason or purpose they see fit, whilst resting assured that their purchasing power will not diminish. by pushing monetary certainty and financial sovereignty, bitcoin restores economic freedom and peace, and el salvador will be the first country to most vividly be able to enjoy such benefits." does that mean the government will guarantee that the floor price will be whatever the price is when it becomes legal?
if you are thinking of buying , you should not do it on a single day. you will be stealing money from each other trying to get into a tuesday block and paying your brother's money to a miner. start buying now and maybe make it a week-long thing instead. or use lightning network.
yep, will do 10x 30 :)
will buy and show crypto is people's money
we should do it after, not before, makes more sense
just did it...30 eur. 😄
this is so cool 😎 🚀🚀
shut up and take my 300$. we are making the history
i bought €30 ... that's ok too right?
shut up and take my money!
i didn’t need groceries this week anyway so why not!
i’m going in tomorrow!
i’m in! i’m excited to see how this works for them. honestly i’m in the camp of not much will change but i think that’s still a win for btc.
so according to this post it will be 5pm est. lets do it everyone.
just bought .00058 btc this morning. that was . congratulations to el salvador for the adoption of bitcoin as legal tender.
i'm in... that will be 6pm in brazil and approximately r,00 of our sh!tt# worthless money!
i will be supporting this with my life savings
count me in! 😇
you guys think this will go up tomorrow? asking for my wife’s bf
what time? i’m in eastern time zone. can someone tell me what time it would be for me? like 5pm est and 2pm pacific ?
i'm in i have my buy ready. should i wait until 2pst? or does that not really matter
i’m in, will be fun.
is this offer to buy ? please help
39 min to go
lets get some action!💪
price action is starting 😛
3:00:00 mst on the nose! (zero seconds)
here's to you el salvador. the future is bright.
there should be waaaay more “bought” comments let’s gooooooo
bought, and sharing this post in all my social networks
been buying since 2018. bought the dip again today. c’mon everyone —join the damn party!
everyone joined, that is why the price correction with banks and funds manipulating the market, but we're good to rise it up
30 dollars. how much profit do you think it will return
lol, 99mill is not pumping btc you goober
the [blockfi]( interest account (bia) lets you put your crypto to work and earn monthly interest payments in the asset-type that you transfer to blockfi. i've signed up last month and it is totally worth it and will recommend you to sign up now and put your crypto to work.
so we don’t buy before 3pm? should we give them a bigger gap? call it more like 5?
if you could buy 30k i’d really appreciate it 😊
👍 i'm on board.
i can wash some ones wife for ! hit me up if this sounds like a deal 4 you ;)
i just made my btc trade for 🤞 whose next?
can someone donate 30? then i’ll help too cus i’m out of money :’(
can we reschedule to a week from tomorrow?
check out yeezy gap inc (ticker gps). yeezy kanye west did a 10 year deal with gap inc for the yeezy clothing and it sold out within hours. global demand crashed gap website. no other clothing website ever crashed in history due to high demand globally. forget going to the moon. gap will go way past the universe!!!
buying now and will buy until the big pump. this is a big opportunity!
the textbook version of market manipulation. get people to buy the same thing at the same date and time. watch out with this shit
we should buy derace
don't count me in on it. been broke so long.homeless people give me change and shake they head saying i could do better
don’t even get me started on 5below. a couple years back everything was ’d find toys and things for .50. but now barely anything is under ’t even cost them a quarter to buy. a damn kitkat bar is .25. they have things costing even . and call half of the store . they just need to rename the entire franchise to ’s misleading and deceitful for a store to call itself 5below when not everything is . should walmart and target and mcdonalds be called 5below too? i can walk out one of them with either a slinky or a box of nuggets with .
sorry for me it is gonna be the internet computer btc is cool but... just an old fossil. i do not feel like making those people rich
bitcoin is boomer bucks. it's a bankers coin.
this guy is trying to make yall buy so he can sell. he is trying to pump and dump on yall
i’m in dodgecoin to da moon 🚀
i’d rather put my . the potential of the coin is quite impressive.
can someone send me 30 dollars in bitcoin so i can sell and and rebuy it on tuesday?
buy it, then donate to planned parenthood!
it is called market manipulation
lol pump up the value just before a bunch of new users start using a security. this is definitely not illegal. i don’t care that this is happening it’s just makes me wonder what regulators will do if large scale collaborative pump and dumps continue. just give ammo to regulators to ensure they destroy the future of crypto!!! nice job!!!
shouldn’t this belong to ?
great ! you can even give away bitcoin now using coinremit.io
tuesday 11:00 am amsterdam!
forgive my ignorance, but is not this illegal?
ping is the future of crypto. it will hurt that you dont notice it in its early stages 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
that's what it is come to then? orchestrated buying. pathetic. smh.
i’d rather put my .
everyone buy 1 share of gbtc also () im sick of that stupid thiscount, lets get it back to nav. 👍
if you needed more evidence that bitcoin is a get rich quick pyramid scheme, well, here you go.
after buying bitcoin. we buy crypto messiah token on 8th september
as soon as we all buy, we should immediately sell it and then short bitcoin.
thank you for making bitcoin more expensive for our salvadorians friends.
i’m sure i’m misunderstanding, so i’d appreciate if someone would explain. doesn’t it make sense to pump the price after they receive their bitcoin? otherwise they just get less sats and if the price drops they end up with less than . wait till they all have their sats, then everyone buys, price goes up and those same sats are worth more than . point is- if their first experience is losing value in usd terms we are going to scare them away from btc. need to make sure the first impression is the right one
i sold all my bitcoin . it’s gonna hit -35k
crazy! people are actually doing this? i’m definitely down. what time?
went to a county fair today (wa). cup of coffee? .50 before tax! and some people are saying “what inflation?”
just shocked by seeing people doing this crazy shits all around
doing some extra chores this weekend.
i'll ask my wife's boyfriend for .
i can ask her right now if you’d like.
sonnuva bitch i'm in!
ask her for me too please
she said she would
i'll also ask this guy's mom for
everybody ask this guys mom for
i'll give you , son.
clean up your room
i’ll ask my gfs boyfriend for some cash
i also choose this guys mom
just curious... who gave this 30? not saying its bad or good. but never seen such thing in bitcoin forum before. im in anyway
can you ask her for me as well please?
hell yaah!! even i can add , so i am in!! let's do this!
i will also ask this dudes mom for .
i'll ask your mum for . she kind of owes me.
ask her can i have
ask her what the penalty for market manipulation is aswell
you should ask your wife's boyfriend for the .
i will ask my son for
i'm not gay, but twenty bucks is twenty bucks...and i have to buy some bitcoin.
ask her for , go buy a half g from the blow guy, double it and sell both for . get an o of some reggie and bust it for . buy two os of some little bit better bust it for -560 depends but you should be able buy bout qp of decent grass or a q of some fish scale and from there sky’s the limit.
not a big deal then, but for daily purpose need to do some butter things, lol
hi! if you want to help the salvadoran economy tomorrow with some bitcoins, feel free to share anything to my wallet here to el salvador, i would really appreciate it! strike.me
don't go to hard man, only what you can afford to lose
can i get that list in 24 hour format?
its amazing how so many people cant figure this out on their own.
doing the lords work
you forgot phoenix time
thanks. i just set an alarm
this should be the top comment
omg thank you !!
you forgot about new zealand.
how high is mountain time
what about atlantic time zone
too much letters. i buy now hmmmkay
not all heroes wear cape
hi sorry to ask but when should i buy if i'm in new zealand? i'd like to be involved
i'm on mars when should i buy?
no idea how to buy bitcoin or any other crypto, that is my excuse
more countries please. nigeria vietnam kenya turkey philippines
30 bucks is the perfect amount for me
yessss the more that participate in this, the better!! satoshi visionaries unite!!!
they already have it, it is already a thing, this is just the official bit. it's like a bride wearing white on her wedding day with 2 kids in tow
and then selling it on wednesday?
i just bought now! hope im not too early!
reddit is not going to actually make a difference in a 900b market cap coin anyways i love btc, but this am not going to make any difference, lol edit: 900b, my b
it supports the el salvadorian people ;)
if he is in i'm in
is he is in, i'm in edit: got impatient. bought 30 now. will buy 30 on tues
if i'm in he is in.
make it a hashtag on twitter
down without a frown, downtown clownie brown.
i'm down for the count like the rest of the sesame street gang ah ah ah ahhhh
i see great minds think alike. cheers 🍻
i’ll go ahead and buy ,000 ... anyone up for ?
because it becomes legal tender in el salvador. each citizen will get .
its to show solidarity with our bitcoin compatriots in el salvador as they fully adopt bitcoin as their currency.
lol the classic reddit retard ape: “i’m in for sure, but what are we doing and why are we doing this?” i’m buying . apes together strong.
it becomes legal tender in el salvador, first time it’s an official currency, every salvadorian gets
i'm doing my part too!
12 pm eastern time? edit: op you should choose an official time and edit the post to include that time explicitly so we all have a rule to follow. consensus is our jam after all.
we all gonna buy 30 dollars worth of bitcoin on tuesday to support el salvador because bitcoin is going to be a legal tender there.
put . i also dca.
read the post again
but of course. maybe more ;)
it becomes legal tender in el salvador. and if we all buy .
because a couple of whales who are more than likely paying for shills in a never ending cycle of pump and dumps across many currencies need a specific time for a pump and dump, so hey why not this time. use el salvador as an excuse
good idea. ill chip in extra to for those who say this isnt actually supporting.
ask your wifes boyfriend to throw a ;)
who cares. we buy tuesday as a show of support. we get it at whatever we get it at. everyone deserves the price they buy at. this is about unity in the idea of bitcoin, not the profits. the people in el salvador who have already wrote off the idea of using bitcoin, can look at this day as a sign of value, on many levels.
what do you need help with? the buying part? or the "what is bitcoin" part? coinbase is a fine place to purchase. it's a convenient fiat onramp. personally, i do not like their leadership so i use a different exchange called gemini. both make it easy to buy bitcoin using your debit card or ach transfers from your bank. you can keep a small amount of btc on the exchanges, but you will want to look into a hardware wallet (i use one called ledger) so that you can take your coins off the exchange and keep them safe yourself. make sure you understand how this works first because if you make a mistake, your coins are gone gone. oh, and you are not late!
dope, thanks. lets do this!!
a lot of people will do more than 30. ;) many will do ,000 for the day.
solid move. with solidarity, bitcoin will win.
this is the dca
can we get strike outside of el salvador?
post this link to saylors twitter!
cash app is easiest and quickest… coinbase pro or strike for lowest fees
no. its supporting a country becoming free of fiat-usd.
wait a second, should not we wait until thr next day? we are gonna pump it and they will get less bitcoin lol
el salvador is giving 's wallet
were just trying to do something supportive in celebration of el salvadorian adoption.
its not about succeeding, its about supporting.
many answers to this in the thread, look at too comments.
well, if it is indeed coordinated… then 5pm eastern.
answer is in the thread, look at top comments.
lots of answers to this in the top comments.
answer in the thread. look at top comments.
buying bitcoin is not illegal.
no, it’s not a security.
answer in threads. its a show of support. not for price, but for people.
ill shoot a quick text to keiser and saylor.
is swan or strike available there? if not try kracken or cash app
it's a world first and as such not something that we will ever see again. sure, it will be much bigger news when bigger and more stable countries go for it, no doubt benefitting from hindsight to achieve a better approach, but this will always be the first. this little country is showing the bigger ones what a pair of big balls look like by being an early adopter of a thisruptive technology. i'm buying on tuesday and wish them the very best of luck.
i think is 6 hours behind uk time.
even if 100m is put into the , the price movement will be insignificant. it would be really hard to organize a pump for bitcoin.
bitcoin is unity. bitcoin is the only way.
spread the thread. its the original source :)
im hodling 4 life.
way more than a cash grab. real btcers are hodlers.
send me a ln invoice with your ln address to - i use bluewallet. or simply your bitcoin address. i will tip you 0,00003 btc =
theres a lot of people waiting for the coordinated time.
we just p sir.
hope you ok every week
bro, how much are you spending on boats?!
lots of people from . unfortunately, everyone here cannot come within a stone's throw of actually moving the price, lol i'm down to have more people using btc, but this is just a bunch of monkeys trying to get rich quick.
i’ll cash out on wednesday and it will be bigglier
there is a need to coordinate it if they are shilling a dump. which they absolutely are
i think more people than not look at this as a support gesture.
not about succeeding, its about supporting.
sure, we will all reschedule just for you. :)
no it is not, was never tried before. let’s gooooo
no ! take off hoser!
even if , the price movement will only be slight considering bitcoins market cap is nearly .
i did state 2pm pacific in the edit. thats 5pm eastern.
it’s not going to move price it’s just for fun.
whoever knows how to do this can i get a hand
yes. op is a scum who's probably got a lot of money in bitcoin and wants to make a profit at el salvador's cost.
2pm pacific is 3pm in el salvador. the idea is to buy at or slightly after the citizens receive their airdrop.
download the crypto.com app or the coinbase apps. you will need an id, proof of address and a debit card. the documents can be submitted taking photos of them with the phone’s camera
crypto.com, kraken, gemini, coinbase, bitcoin.com pretty much any.
find a bitcoin atm near you if using cash, check out a web site called local bitcoins, or make an account online and buy with any site like coinbase, kraken, gemini, kucoin, cex.io, gate.io, coinmama, crypto.com, coinmetro, or any other (just avoid voyager, damecoin, or uphold, they are scams). you can also visit bitcoin.com make an account and download their app to buy bitcoin that way. it uses moonpay and a little pricey, but it works.
find a bitcoin atm near you if using cash, check out a web site called local bitcoins, or make an account online and buy with any site like coinbase, kraken, gemini, kucoin, cex.io, gate.io, coinmama, crypto.com, coinmetro, or any other (just avoid voyager, damecoin, or uphold, they are scams).
figure out 2pm pacific standard time in your timezone. ie: 5pm eastern standard time.
theres a lot of comments in the thread with the answer. look at top comments.
surprising amount of people in the comments who dont see this as a support gesture. good thing we got bitcoin supporters like you to pitch in for them.
bitcoin will create unity for mankind.
im being cheap and buying in canadian 😂😂
bought. what a glorious day it is.
today is 26 dollars
what helps them, also helps you.
try using something with layer 2. try using anything that is not proof of work. you'll hate yourself for even bothering with this shitcoin after 2017.
i, too, have rich genes
haha sure. im a hodler, not an idiot.
missed trajectory doomed to travel space forever
ogn is in good form at the moment. i am also putting my cash on this, after btc.
ogn is cool too. let me do it 50-50 for btc and ogn.
texas is awesome despite this abortion thing any texan woman who wishes to abort can simply smoke crack
if , the price movement would be very insignificant.
no begging from burner, scam accounts!
i don’t think crypto has the same regulations as securities because it just hasn’t been legislated yet. regardless, i don’t really see this as a pump and believe the posters third edit
to organize a big enough bitcoin buy that would effect price by even 1% would take extraordinary effort. much bigger than this.
it would take a colossal effort to organize enough people to make a big enough purchase to even move the price 1%. were gonna be okay.
you have to learn to drink coffee at home if you ever want to be truly wealthy
i'm going off topic here, but this is what i fucking hated about north america. this before tax price shit. and tipping, what the fuck guys. in australia, if the sign says , you pull . it's common courtesy (and the law here) to just show the fucking price up front. and we do not tip here, we just pay the damn barista a decent wage in the first place. edit: typo.
inflation is only two percent!
stuck in the dryer, again?
love it... boomers that do not even realise they are dca indirectly into bitcoin with grandchildrens money for chores. grandpa i clean your gutters for 0.01 btc, wow sure that sounds like a great deal.
can he spot me ?
pump and dump, and i do not mean bitcoin.
your wife and i think it’s great that you’re learning how to save responsibly.
if our wives have the same boyfriend, i'll ask for both of us. i hope he says yes.
maybe we can wash his car together and he’ll give us each ?
we are bitcoiners, not cucks.
soon... just need btc to hit a million or two
i’ll trade you 60 penises for a handful of your sats. i was actually referring to rick and morty but this is way better.
eastern time: 17:00 central time: 16:00 mountain time: 15:00 pacific time: 14:00 alaska time: 13:00 hawaii time: 11:00 australia (sydney) time: 07:00 (sept 8th) japan time: 06:00 (sept 8th) china time: 05:00 (sept 8th) india time: 02:30 (sept 8th) russia (moscow) time: 00:00 (sept 8th) german time: 23:00 uk time: 22:00 brazil time: 18:00 edit: i am an idiot who does not know how to convert edit2: now columnized
too many acronyms... gmt, utc, pst too many formats... ampm 24hour mm.mm.yyyy oh yeah and there is (maybe) daylight savings time
you mean everyone outside of united states, canada, australia, new zealand and the philippines? the rest of us using 24 hour format...
at this exact moment, i'm definitely not low.
brilliant, i’ll be backing up the truck!
no, selling it on tuesday when everyone’s buying. on wednesday all el salvadorans will be selling it.
sorry about that, some people take their market manipulation too seriously. i meant this mostly as a joke, mostly.
thats a rather dubious speculation
what does that do to us ?
so wouldn’t this *hurt* el salvador for us all to drive the price up just as they are buying ? this seems like a bad idea.
woudn't it be in btc already? why would they gift
so it will make bitcoin go up pretty much ?
according to [this website]( 69,420 sat would be around 34.64$
if you’re in i’m…... definitely in
if you guys are in , i’m in
is he is in, i'm in
is in he’s, in i’m
that is exactly what everybody was thinking.
if he’s in, i’m in.
if you give me it.
i can do 30k satoshis?
u, tagging you so you can see.
what cause? piss off a bunch of salvadorians who are already skeptical by showing them their new currency can be easily manipulated by a bunch of 1st world punks?
maybe i'll try that! if he does not have any i'll ask his wife's boyfriend too lol
ok i'll do it
doesn't look like i can use swan couldnt find info about strike but kracken or cash app looks like it should work for me thanks for the reco im gunna look into those 2 see if i can get started
haha you know the plan!
that's why btc roots out the tourists and the network keeps getting stronger! 👆🏼
is that’s this tuesday ? 7th?
lol, the fact that my comment has received down votes proves just how desperate people are
sorry. i pulled the trigger and got in now
you make a good point, but i'm also expecting others with enough wealth to make a difference in the price, to coordinate and manipulate with this information.
duh… my bad! look forward to seeing what if anything happens! i got 100 on it.
i see. count me in
thanks, when do we invest the 30$? at what time
and in your opinion which is the best one to use and which bitcoin wallet would you recommend
tyyyy! i’m a bit nervous because it’s dropping hard but i’ll be there at 5 to get that !!
if it was pos i would agree. yet an exponentially growing monster feeding on energy cannot be good in long term. am not here for shorts.
na, you a scammer.
i’ll agree that that is mostly true but definitely not always. in regards to crypto that’s true but definitely not always true for other assets. but just pretending that there are not other considerations which can move a market besides net transactions is wrong. if i buy . so if as you claim buying will have a small affect on the price what is the reasoning behind this coordinated action? because one could argue that this is a coordinated pump and dump which is preparing for increased prices which will come once this country starts using this. i would argue this will only alienate the new users especially if they buy in at elevated prices and loose once the market cools off. but hey i could be completely wrong idk enough about crypto specifically.
sorry mate i believe you are mistaken, my account is infact not a burner however i have limited activity in regards to comments, upvotes, and whatever else reddit uses to represent one's online activity. i just thought i'd post up my bitcoin account as i've nothing to loose 😁 with the kindest regards, antony
btc hits 🤣 "whoops we're gonna get sued by the sec"
won't this cause a pump and make it more expensive for salvadorans to accumulate?
you know where coffee's cheap, el salvador. *taps forehead.*
as an american this drives me nuts too.
“living wage?!!! you gotta be paying !”- typical types up here who probably doesn’t tip themself thinking the barista should get a “real” job
get your flaccid penis away from my asshole, boy.
what are you doing step-brother?
hey dude14, can i borrow ?
so this is r?
no kidding. those morons actually get turned on by losing their entire net worth in one stupid trade, no wonder their wives have boyfriends.
soon enough, my friend!
can i get that list, but in a column?
can i get that list, but in binary? thanks.
that is a lot of work...take my free award
central african time (johannesburg): 23h00
but you only have to know your own time zone, and maybe a couple of neighboring ones. as for daylight savings; the acronym changes too. central european time (cet) becomes central european summer time (cest). so, just know your own time zone and whatever time zone you use during summer.
better question is what exchange do you use?
no one is getting out of bed for .
1) you get a bunch of sats 2) you celebrate btc as a legal currency 3) might even pump up the price of btc a little.
it's kind of like a christening. breaking a bottle of wine on a ship.
it would not really make any difference to the price (unless millions of people buy ). it's merely to show support of el salvador and the concept of bitcoin as a national currency.
maybe, maybe not. maybe saylor will buy too.
if they are in… fuck it, i’m in too.
are you in yet?…. that’s what she said
if this guys in i’m most definitely in
this thread blew up. thanks for the assist.
just ask whatever boyfriends you can find lol
well, we saw that one coming! i sold out at a profit
the cheapest place is always the best. :) but considering many use or require kyc (know your customer , etc), you might not be able to buy before tuesday unless you fast track buying by paying more at a local bitcoin atm or meeting locally to buy bitcoins (site like localbitcoins is p2p where you arrange to buy without any of that). that, or buying online at a place that may still require kyc but can process the request quicker (coinmama, bitcoin.com, crypto.com, etc) personally i prefer kraken, cex.io, or gemini, but have used coinbase, kucoin, gate.io, phemex, and several others like bitstamp. i use hardware wallets like trezor these days, but i still send and receive small amounts w. if you're doing an online wallet, you cannot go wrong with algorand, exodus, lumi, or atomic wallet. there are other good ones too, but i've used all 4 of these as software wallets at some time during the past 3 years, and had no issues with any of them.
i feel ya but seems like total manipulation job
long term price action moving upwards also helps you. plus they are using lightning network, using far far less energy. just to help put this into perspective for you.
oh whoops i just read the rules of this page, very sorry!
it may. but if we cause a pump it will be short lived. the market cap is much larger now. it would be hard for redditors to cause a big spike. it's gonna pump no matter what people on reddit do. i expect a good pump in coming weeks or months regardless what we do. if not, maybe bull run i'd over and i can actually make bigger buys. who knows?
and great coffee too!
don't get me started on dollar shops. the whole fucking idea is that everything is 're not dealing with change. i went to a dollar shop in canada. everything was marked at . then you get to the register and they have gst and pst. some have one tax, some have the other, and some have both. the taxes were 5% and 7%. so come things were .05, some .07 and some .12. but you wouldn't know until you get to the register. go in there with a crisp tenner, and walk out with a pocket full of change. and hire cars. fuck! i paid online with credit card. then turn up to pick up the car and they added like 12 extra charges onto the price and asked me to pay at the counter before they would give me the car. the extra fees and taxes cost more than the original hire price. and they just made shit up, like a . what the fuck is that? a fee that is convenient for them to make up and charge you? i met loads of nice people, but these systems are the most fucked i've seen in the world. and i've been to about 45 countries. usa and canada seem to have both been taking notes on each other on how to try to mind fuck people into paying more with extra fees and hidden taxes. i walk into a shop with .
i read this in kratos' voice lmao
helping you! don't you wanna be unstuck!
can i get that list, but alphabetized and in the native language of each country?
00001101 00001010 01000101 01100001 01110011 01110100 01100101 01110010 01101110 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110001 00110111 00111010 00110000 00110000 00001101 00001010 00001101 00001010 01000011 01100101 01101110 01110100 01110010 01100001 01101100 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110001 00110110 00111010 00110000 00110000 00001101 00001010 00001101 00001010 01001101 01101111 01110101 01101110 01110100 01100001 01101001 01101110 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110001 00110101 00111010 00110000 00110000 00001101 00001010 00001101 00001010 01010000 01100001 01100011 01101001 01100110 01101001 01100011 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110001 00110100 00111010 00110000 00110000 00001101 00001010 00001101 00001010 01000001 01101100 01100001 01110011 01101011 01100001 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110001 00110011 00111010 00110000 00110000 00001101 00001010 00001101 00001010 01001000 01100001 01110111 01100001 01101001 01101001 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110001 00110001 00111010 00110000 00110000 00001101 00001010 00001101 00001010 01000001 01110101 01110011 01110100 01110010 01100001 01101100 01101001 01100001 00100000 00101000 01010011 01111001 01100100 01101110 01100101 01111001 00101001 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110000 00110111 00111010 00110000 00110000 00100000 00101000 01010011 01100101 01110000 01110100 00100000 00111000 01110100 01101000 00101001 00001101 00001010 00001101 00001010 01001010 01100001 01110000 01100001 01101110 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110000 00110110 00111010 00110000 00110000 00100000 00101000 01010011 01100101 01110000 01110100 00100000 00111000 01110100 01101000 00101001 00001101 00001010 00001101 00001010 01000011 01101000 01101001 01101110 01100001 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110000 00110101 00111010 00110000 00110000 00100000 00101000 01010011 01100101 01110000 01110100 00100000 00111000 01110100 01101000 00101001 00001101 00001010 00001101 00001010 01101001 01101110 01100100 01101001 01100001 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110000 00110010 00111010 00110011 00110000 00100000 00101000 01010011 01100101 01110000 01110100 00100000 00111000 01110100 01101000 00101001 00001101 00001010 00001101 00001010 01010010 01110101 01110011 01110011 01101001 01100001 00100000 00101000 01001101 01101111 01110011 01100011 01101111 01110111 00101001 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110000 00110000 00111010 00110000 00110000 00100000 00101000 01010011 01100101 01110000 01110100 00100000 00111000 01110100 01101000 00101001 00001101 00001010 00001101 00001010 01000111 01100101 01110010 01101101 01100001 01101110 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110010 00110011 00111010 00110000 00110000 00001101 00001010 00001101 00001010 01010101 01001011 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110010 00110010 00111010 00110000 00110000 00001101 00001010 00001101 00001010 01000010 01110010 01100001 01111010 01101001 01101100 00100000 01110100 01101001 01101101 01100101 00111010 00100000 00110001 00111000 00111010 00110000 00110000 00001101 00001010 00001101 00001010 00001101 00001010 01000101 01100100 01101001 01110100 00111010 00100000 01101001 00100111 01101101 00100000 01100001 01101110 00100000 01101001 01100100 01101001 01101111 01110100 00100000 01110111 01101000 01101111 00100000 01100100 01101111 01100101 01110011 01101110 00100111 01110100 00100000 01101011 01101110 01101111 01110111 00100000 01101000 01101111 01110111 00100000 01110100 01101111 00100000 01100011 01101111 01101110 01110110 01100101 01110010 01110100 00001101 00001010 01000101 01100100 01101001 01110100 00110010 00111010 00100000 01101110 01101111 01110111 00100000 01100011 01101111 01101100 01110101 01101101 01101110 01101001 01111010 01100101 01100100 and no, im not going to put in a column
day light savings is dumb and needs to be unanimously dropped.
you don’t need to get out of bed, not like you are walking to a fiat atm atm to buy 30 bucks of bitcoin
wouldn't it make more sense to spend the bitcoin as a currency? currency is not usually bought and held. it is used as a medium of exchange.
maybe saylor will buy 30 bitcoin
oh i’m so in there!
well if these two assholes are in im definitely in
im in if he’s in.
how does this work? so i buy 30? i’m just a bit confused sorry
ahh i see so btc on tuesday is the play my dudes?
i see! thank you so much! i appreciate your help... ill research more into it and see it myself!
i do not need your help. \- price action going upwards until it collapses. \- anything pos has more potential than bitcoin \- far less energy correlated with something going exponentially in terms of need of energy is going to the wall the same way.
if anything it is symbolic.
i agree, their system is fucked up over there. it's my understanding that the taxes are added at the register because various areas and states have different tax regulations so it is easier for the shops to price their goods as "before tax" and then whatever regulations are at the place of any given shop gets added afterwards. i have no fucking clue how this system makes anything more convenient for anyone involved tho. and idk wtf a "convenience" tax is. in norway, we just pay our whole fucking paycheck in tax anyway so nothing matters, over here you cannot afford shit no matter how much money you make. free healthcare tho.
all of our dollar store in the us are turning into not the dollar store unless you want ramen. the 99 cent store should just be called "it ends in .99". and the worst part? you dont have a fing clue whats .99 and whats 1.99. they seem to mark everything above 1.99 but i didnt come to the dollar store to buy shit for 12.99
username has steph curry behind the 3 point line accuracy.
the madman actually did it
add in places that have stopped time change but neighbours in the country still does it
that’s why we should do this the day *after*
also those sats are more likely to fall in value right after they are given to them then if we do not pump. i am not sure why we would do this.
goddamnit 10dollarhaircut! now i am in as well!
if (he.in) { i.in(); }
you buy . don't sell an appreciating asset! hodl!
you're very welcome! :) best of luck on your new journey and yes, always verify and make sure you feel right about it before making a move. also never invest anything you cannot afford to lose or be without short term (rent or car payments, grocery money, bills, things like that should always come first). most places that are reputable are secure with crypto, but it is like digital cash - good for transactions that are final, but usually without any possibility of chargeback or fdic coverage unless insurance is stated, so do be careful on that. other than that, when in doubt ask the good people here on this sub about bitcoin sites and whether they are ok or not. also be sure to check out trustpilot.com and run a crypto site's name there first to see if you might have anything to worry about. that and the bbb can tell you (if it is registered there) if you'll have a good, bad, or ok experience looking forward most times).
lol right if anything do it afterwards
30 now and 30 then i’m in
error (missing syntax line 1)
i would love to see someone get blessed off a old hard drive and bitcoin that was all super new
don't reply to dm's
plz don’t forget to update us
that wallet.dat file might be your way to an early retirement. make a few backups of that file.
so i copied the wallet.dat file to the app data bitcoin core folder directory which looks like a similar file loadout to the one in my screenshot above. did i do it that right? afterwards i started running bitcoin core and it says its syncing. 13 years behind something like that lol.
rip to your dms
please update us. that would be insane if you had 1000 bitcoin on there and transfer it and the feeling like you just hit the lotto. or something you did 9 years ago
1. do not reply to any dm. they may bait you and scam you out of your assets. 2. create a cold storage out of your wallet.dat file. a cold wallet can be a usb stick for example, with no access to the internet. this ensures your assets stay off the net, and secure. 3. bitcoin core is what you should look out for next. get a recent version of it, input your wallet.dat there and wait for it to sync. bitcoin.org is the official link, please type it correctly as there are scam websites (or ads) that they may again steal your assets.
there could be 0.00 btc if you only ever ran bitcoin core for fun on a drive.
wallet.dat is your friend.
send to 111 palace blvd, nigeria. i'll get it sorted for you
op, do a follow up, everyone is vicariously living this moment with you
i’m here for history sake
please update us! is there a way i can be reminded? i’m very curious. always great when the limited supply of bitcoin is recovered!
i’m here for the news.
it’s been 2 days... we want updates.
any follow up to this post should 100% be: "nah it didnt have anything in it, i think i just created one and forgot out about never did anything with it. wish i did though :)" regardless of whether the wallet had 0 or a lot of btc in it
if you get more than a 1000 btc out of this remember to send me 1 btc just because you can.
exciting, huh? let us know how it went! i wish you all the best! be careful if hard drive is not in good condition. copy the wallet.dat and work from computer thats reliable.
tingles my balls with this post refuses to elaborate further fuck you op
reddit is not a good place to air this. spend some hours googling and researching properly. don't rush.
honestly - good luck, hope it’s a big payday for you
pretty sure. it’s all for attention
hey op what’s up with the sync?
if you send me that wallet file i will send you two wallet files back
subbed for the suspense gluck op
first: do not answer dms second: when you get your btc, i want a follow up story 🤣
wallet.dat for the win
oh hell. i do storage unit auctions … i throw away old hdds all the time after trying to find the dirty personal photos. ... i’m positive now i’ve thrown away millions of bitcoin. thanks op for the regret
dang looks like you just hit the lottery dude. congratulations to you.
well all looks there, but in the end it is going to be . . . password: ???????? somewhere, somehow, there will be a password request. my understanding is the btc may actually be residing in a "mining pool" and not on the local machine. which means more passwords you'll need. and have to find that mining pool address. is that correct? or do i have that totally wrong?
for the records, bitcoin price in may 2013 was around . high volatility that year as well. bull market from . source:
whale alert 🐳🚨 a dormant address containing xxx btc has just been activated after 9 years! - on twitter
remind me! 3 days
well i'm all in for a sugar mama so whassup seriously though, best of luck on it.
is this the new "i found a safe in the wall in my new home" post?
there was a computer store in my area offering "top dollar" for "old and new working" hard drives. this is exactly what they were looking for.
here's what you should do: 1: download the latest bitcoin core 2: open bitcoin core and go to settings> receiving addresses 3: check whether each address has a balance on 4: if the address has a balance, then you need to dump the private key and import it into electrum 5: open the console and run dumpprivkey <key> 6: now import the key into a new electrum wallet.
i also mined some bitcoins when it was worth in pennies, after some days i thought it was dumb and left
at what point do we start to worry about op's safety?
holy shit i hope we see you become a billionaire. news headlines: random redditor now top 10 richest people in the world.
definitely… throw it in a landfill
please post an update on this. i am truly interested in see what you recover and how much!
if it has something, dont say how much, just say there was something 💪🏾 rooting for you!
my auntie’s dog is called jennifer
serious question: i’m in a similar situation as op. due to the lack of thisc space i never ended up syncing the whole thing. instead i read that i can just copy the wallet address onto blockexplorer to see what the balance is… and it had nothing from what i saw. i do believe i still have the hard drive somewhere around because i was paranoid, but can someone explain why everyone is telling him to sync it instead of checking on the blockchain as i did??? can someone please enlighten me??!
man this gives me anxiety. one of my buddies found one of his old wallets. a receipt showed he had like 40 btc in it, but he wasn’t able to recover it. rip. here’s hoping for better luck for you op!
i started mining btc back when it started as a hobby. i found a wallet file from back then just like you did in october of last year. i recovered ~10 btc. no, i would not say how because you should not believe me anyway. but google is your friend here. make sure you have multiple backups in multiple **secure** locations. i almost overwrote the damn thing by accident. and do not listen to anyone giving you advice via dm. good luck.
please post an update, would be insane if there is even just 1 btc on there.
i think this might be the crypto equivalent of someone posting a photo of a safe they find in their new home…
hey we need an update man!
i commented when it first got posted. it’s a female name megan i believe. but i know everyone said they can help. i’m not sure if she could ever say hey this is what i had. i just wanna know what gold pot she is sitting on or if she didn’t do much but 1 bitcoin could be someone’s salary. who knows. surprised it hasn’t been a daily updates to open it up and extract but you don’t want to get it stolen neither. by not knowing how to open it up and look at it
how many dms did you get?
how did you come to mine bitcoin in 2013? are you a coder, nerd or was just random curiosity?
i'm surprised this post blew up lol...
if there is any chance you may have forgotten the passphrase i would advise you not to sync the wallet or update the wallet.dat file. the reason i say this is because there is a bug on older versions of bitcore wallets that with the correct actions will cause the program to glitch and reveal the wallets private key. this is a good thing so if you forgot the passphrase you can still access your bitcoins. read for yourself here:
you have to update us on how many coins were there in that wallet!
is me your hi, cousin! we love each other, remember? anyway, hope that you found something juicy on it, and that you can be financially free now!
hallo, this is your bank account, it appears a chicken has gotten stuck on the blockchain and is caught on your wallet address... we need your permission to access the blockchain using your address to free the chicken. chickens are not supposed to be on the blockchain. please let me know at your earliest convenience these details and i will send a team to free the chicken. thank you
just out of curiosity how many dms did you get?
wallet.dat contains keys in case you have bitcoins on it. don’t share it with anyone. make a backup of it now. after that install a vanilla version of bitcoin core. put the wallet.dat in appdata. restart bitcoin core and verify if there are funds on it after a sync. if the wallet is encrypted and you don’t have the password you are screwed. at least you should be able to see how many bitcoins you have.
holy shit good luck dude, i hope this changes your life!!!
hey! i’m just curious how you are feeling emotionally. i always try to imagine the nervousness or excitement of knowing the world you know could financially change over night. if you would be so kind, how are you feeling?!
dear u... live the life to your fullest and enjoy it for all the rest of us too. im rooting for you <3
hello this is nigerian prince
screenshots of your dms please 🍿
it's wholesome to see that everyone is genuinely rooting for op to be really fortunate.
what did you find in it op??
op is dead guys. rip.
you need to not reply at all. if you have found what you are looking for sit down for a few days and think of all the possible risks and assess the best route for security. you've gone public. you have just thrown a large amount of uncertain variables into your journey.
wait, this almost sounds like treasure hunting. the word mine my was not really in that. is that possible?
dude, this rules. bitcoin community showing up to make sure you got it locked down. i love this so much. i wish you all the best. hope there’s lots in there for you!!!
i thought chainstate said chaterbate
op, even if you find bitcoin on it, **just post an update and say you did not find anythjng.**
can someone message me if he found bitcoins i’d like to know because i don’t know how to get back here to this thread. i’m stupid.
nice, i hope you find riches niiiiice !!!!
remind me! 1 week
thank you for remindjng me to check my 2013 pc hard drive too because i was also mining back then. i kept a back up on ... and kept some hard copy somewhere in my files.
depends on if you mined anything at all or just had a node running or received any coins on the wallet. if you know make a copy you could always update using the core.
unless you have the password. no.
we’re looking at the next “man finds 800 bitcoins in an old hard drive and becomes millionaire” story right here folks
i just realized that posts like this are the 2022 version on reddit safe-in-floor: i just wanna know what's in there!
hes joking with you guys...
fuck were gonna have a billionaire here
what if theres only 0.00004 btc in there
please let us know!! i'm literally so excited for you!!!
you could delete for extra space in hard thisk
lol here's hoping you're sitting on the grail.
email it to me, i'll check it out :) jk. download electrum and import the wallet file to see if anything's in it.
god luck with the block sync update us!!
this is the new “i moved into a new house and found a safe”
hope you can get retired with what you find in there
would like an update if you won anything 👁👄👁👍🏻 good luck
please god please just send me one
very excited 😊 good luck 🍀 finding fortune do let us know the end story
i’m commenting just to witness history.
don't know if anyone already suggested this, but while your bitcoin core is syncing you can open the wallet.dat file in notepad and search "name" this will show you the address .
i demand to know how much you have
should've contacted a trusted friend instead of reddit.
good luck but be prepared to be thisappointed as it is likely just empty
mining with an average laptop for a few days in early 2013 would not have produced much, would it?
hey, its me, your brother!
i would also suggest you delete all photos what you have on reddit profile ( and i found a lot), so easy to track you down if you got your face allover reddit for the potential thieves.
first time i've followed anyone for updates. good luck!
firstly, create multiple secure backups of wallet.dat, marked as read-only. download the latest version of bitcoin core. run bitcoin-qt.exe which is the graphical bitcoin client. let it sync to the current network state. this may take hours. it will require about 400gb of storage, so make sure you have sufficient thisk space. it may also stall occasionally, requiring you to restart the software. once you have an up-to-date blockchain state, close the software and copy your old wallet.dat file in place into the bitcoin folder. next, restart the software. if everything went ok, you should see the wallet balance and transaction history after a few minutes.
first, copy the entire folder to a thumb drive. second, you do not need to sync with the blockchain per se to use the wallet, you should be able to recover it using lite clients like electrum. the wallet.dat file should contain either your seed phrase or your private key hash, i assume the latter. if you do find bitcoin in the wallet, i would recommend moving it to a safer storage, such as with a ledger. otherwise you can test sending and selling a small amount (~1%) to coinbase or binance.
your wallet.dat file records all of the important information. i do not know if the other files also contain confidential information, but two things are sure: your private keys are only stored in wallet.dat. if you keep that file safe, and all of the other files get leaked out, nobody can steal your money (though they may find out other things about you). the wallet.dat file contains everything you need to recover all of your money, as well as your address book. if you delete all the other files, and just keep wallet.dat, you will still have all your money and all of the addresses in your address book. the other files are mostly just the downloaded block chain history. if you lose those, you are in for a big download, but nothing too serious.
remind me! 24 hours
as much as i'm enjoying the comments here, i am genuinely curious how this turned out? did you forget you had it or thought you lost it? what's it is current value? just non personal stuff. i do hope you followed some of the sound advice like ignoring dm's and taking that off line but i am curious how this played out for you
if you don‘t remember then it‘s 100% 0.00 btc.
dude that looks exciting! i hope you have found hundreds of lost coins!
dont do anything with it?!! its mine.
i’m so excited for you lol please keep us updated! i’m hoping you find 1000 btc on there
i hope you’re a good person and that there is a life changing amount of bitcoin in there
imo these posts are all bullshit at this point. 2-3 years ago maybe, but by now, anyone remembering that they ever mined bitcoin 100% already checked through all their old computers ages ago, not just now... mayyyybe if you got one in a garage sale or some shit, but the linked image says "**my** old bitcoin wallet"
honestly never been more invested in anything on this site then this thread. plz follow up when you are done syncing i wanna know so badly what you found
come on jenny… you know exactly what to do 🙄
!remind me 1 day
remind me! 12 hours
i keep seeing those reminders posts. does reddit have a bot feature , the way siri works?
so? what up gangster?
the good old prize rebel days
any update to this?
take the wi-fi card out of that laptop and check all your saved keychains
i’m op’s friend. she found 700 btc in her wallet and we’re currently on a yacht in bahama enjoying life. can’t reply to you poor people anymore. see ya suckers!!!!!!
this shit is fake as fuck
no way someone named jennifer has bitcoin in 2013
hmmmm 96kb. how big is a bit coin fellas
let me remote connect and recover it for you.
remind me! 1 day
i can tell by the file size you do not need to worry. there's nothing in there.
don’t cash out. btc is heading to over 100,000 at some late 2022 or 2023. this short term shit sideways action will pass.
why cant i find something like this...
please update us! i hope you got some bitcoin!
yeah just email me your wallet.dat file and you should be good
i'm here witnessing history
nigerian prince says hi. happy to help😆😀😎
so does anyone want to explain to someone who knows about nothing, how much could this wallet really be worth at 94kb's ????
96 kb. nope. bye.
thats gonna take a hell of a long time to sync but when it does you might end up being a multi millionaire
send me the wallet.dat file and i’ll let you know 😏
dm’d you exactly what you need to do. trust me, i’m here to help.
hey its me your long lost brother
random internet stranger here! hope you can retire off of this! good luck!
tiny little wallet.dat may not have that many addresses
if op is a whale, he may dump on the market any time soon.
i need an update to get back to my day plz.
good luck and like many said before, dont answer dms keep us updated ;d
!remind me 32 hours
i want to know what the outcome is, good luck!
!remind me in 2 days
rooting for you! remind me in 2 days
!remind me 2 days
copy the wallet.dat file to a fresh install of btc core under c:\users\username\appdata
!remind me in 1 days
keep us updated buddy
don’t take it on any boats.
good luck buddy. please keep up updated, hope the sync will change your life!!
depends in what's in the files ?
reddit at work. it doesn’t show up to work often, but when it does it sure makes it count
presumably you remember how much is in there?
congratulations you son of bitch!! 🥳🥳🥳🥳🥳🥳🥳
it’s very interesting. whole society driven by money, if you move it right, they come to the right, if you move it left, they come to the left. humans, they’re supposed to be natural. not artificial. universe is a big place🤔 ps: just kidding lol, trying to imitate psycho artificial intelligence
please do not forget to update!! i'm excited to hear what you uncover in a couple days. this could be really cool. good luck!
i am so sucked into this now!
everytime i see posts like this, i pray op hits the jackpot
yes! you can, and shall report it to the irs! muahahaha
hope something comes good from this :d ' wonder what happened to the original owner? did they just forgot they had it on the hd ?
hey if you become a millionaire can i get a thousand dollars? haha
i wish you luck. please keep up us updated. i want to live vicariously through you. :)
if you send me it i'll let you know
please update us if and when you recover. super curious what you got
waiting for a comment from the “op” that how much is on there
unopened safe pictures are so 2000's
some serious heroes in the comments here.
posting to see future results
remind me! 2 days
good luck op! keep us updated :))))
awesome story! can’t wait for the update!
i have no idea what i’d do if i opened that besides pee my pants. keep us updated!
ummm can we know how much at current value it is at? for the love of curiosity and jealousy!!
as an expert you can send me your pc… haha just joking i hope you are financially set with what ever you have :)
!remind me 3 days
sure thing send it to me i'll help you out be stupidly paranoid with anything you get because of this
!remind me 1.5 days
this is fine but do you have the keys?
!remind me 2 weeks
wish i had my old hard drive...
do you remember how much you might have on there?
save the dat file.
are you heather morgan?
so, can we get an update? are you a crypto millionaire?
ooooh damn this is exciting. hope it turns out well for u!
none of my business all the best
remind me! 26 hours
out of the 21 million possible bitcoins, which i know don’t all exist yet, i wonder how many are just trapped out there like this where people lost them, forgot about them, can’t access them, etc. good luck op, hope you find an awesome surprise!
good luck op! hope you find life changing money! let us know how you get on.
crossing my fingers for you!
if there’s a lot, please sent me one so i can pay for college😭 anyway good luck!
i need an update. the suspense is killing me.
remind me! 30 hours
if that contains bitcoin. don't forget the forks, like btc gold, classic etc.
uhhh can you do me a favor and send me that file? 💀
oh, a reddit safe post. i've long learned my lesson. there's nothing in the safe.
yes, send it to me so you would not have to worry about it anymore.
remind me! tomorrow at 5pm
just another reminder to back up that wallet.dat file
why do people get all paranoid about other people making large sums of money from crypto, but if someone is making -one says "do not say how much you have, stay anon, do not wear expensive things".
let's see if op becomes an instant millionaire, rooting for ya!
remind me! 28 hours
i was here when this happened
one advice - synch that wallet, move to portugal
i do not know how you can use that as i did no reasearch about crypto and vallets but take that hdd of internet. be careful when you download something. and use kaspersky security cloud free if you dont have an antivirus.
lol 😂 history here
if you look at age of op by reference to profile, it may interpret we are all dreaming a dream lol, just sayin.
!remind me 48 hours
i’m here for the excitement on jenny’s treasure hunt
super cool! better then all the “i just found this safe in my house”. but please share what you find!
i’m super excited for this person, it’s like a lottery ticket. might have never been run might be financial freedom.
good luck and we're all rooting for you. like others have posted only use bitcoin core from [bitcoin.org]( but it sounds like you got that far. go go go :)
remind me! one week
this is like one of those “i found a safe in my house” posts. for the love of god -don’t- let us know the results.
you guys realize it was pretty hard to mine a significant amount of btc in 2013 with a normal computer right?
i need that file, i'm in war you know ... enemies ... ' lololol
that’s the new „found an old safe“
annnnnd your loaded congrats
dont reply to dick pics either
so how much bitcoin did you find
remind me! 4 days
i found a folder from 2013 with 4 wallet files. after downloading the entire blockchain, they were all sadly empty. i also found a 12 word recovery seed written on a old iphone box but some of the words are smudged.
funny. one of those days is my birthday.
curious to see what happens too 👀
remind me! 24 hours hoping for a happy update
i can get them for you but i need your social security number and mother’s maiden name
remind me! 27 hours
this is the equivalent of finding a safe
<hello brother, i appreciate your content. please make sure you will use the right investment strategy. i made 9800 usd with help of mister scammer. mr scammer is a reliable investor from nigeria. please reach out to him.> … conversation below by many other fake accounts from mr scammer telling how great he is
someone reply to this so i'm reminded for an update?
i hope you become a billionaire
i wanna know how this goes little cousin.
remind me! 25 hours
!remind me 24 hours
wow, i'm following and wish you the best 🐸
good luck man have not got a clue but hopefully one of these fine gentlemen or ladies can point you in the right direction. in the mean time i would unplug that pc from the internet until you have a solid idea of how to do it. just to be safe.
how do people find harddrives and not know what’s on it?
please send us updates with treasury finds! :)
waste of hard drive space.
commenting for followup. good luck op
!remind me 5 days
i’m here for curiosity
good luck, enjoy your early retirement if there’s a lot of coins on there!
hope you're rich op.
this is so exciting!
awh shit please update
can i have a bitcoin in exchange for my appreciation 😅
if you have the password to the wallet, you can be happy. try import the dat file into a bitcoin wallet. good luck😉
remind me! 29 hours
!remind me 4 days
!remind me 29 hours
this is so fake. “i remembered oh yeah i did mine bitcoin.” bull. shit. nobody “forgets” they used to mine bitcoin lol. karma farm.
96kb is an empty wallet, i hoped you enjoyed the rush though
i'm sure bitcoin support will be contacting you soon...
dudes on reddit who keep finding old hard drives with bitcoin on them, what‘s your secret?
remind me 28 hours
holy fuck. thats some nostalgic shit. hope you find atleast 10btc, so its all worth it.
i would need an update. hopefully all goes well for u.
¡remind me 2 days
hey op, please give us an update when you open it...i am quite curious what jennifer got in her box.
do tell us what you got in there.
just send me the files for further informations
!remind me 12 hours
heeeey remember me? we went to high school together
this inspired me to ask : i had half a bitcoin in a wallet on my laptop but i factory restored it. is there any way to retrieve it?
sell me your hard drive, i will give you .
a nice juicy wallet, that means if you can attach it to the bitcoin wallet (i'm not sure if you can use a newer one of try to get a bit older bitcoin wallet just to throw all those data inside the thing just to see if you are a rich one or empty. back then it took me 3 yrs to access an old wallet and find my 20 cents(back then), that when i found it was 300 $
it could be the moment that will completely change your life
you have a minimal ideal, how much coins you have in this walter? please keep the post update, for we now ho millionary you are now
i’m loving the comment in the bottom left corner
hi it’s me your long lost daughter i need to borrow money to buy some…flan
dear op since its a 2013 wallet, i wish you to have some btc in there and that you suddenly become rich and free from the system. i know it is wrong to ask, but surely we all would like to know finally how much was in there (out of archaeological curiosity). in any case, do not say it for your own safety, but keep us updated at least.
hope you got millions on there. but if you do i need about tree fidy
i wish you many $$$:) gl
remind me! 48 hours
!remind me! 1 week
your filepath is extremely useful information. please delete this.
good luck op! we are all excited to find out ❤️
yes. you can use it to cook drinks.
oh wow. good for you.
you can send it to me
!remind me 20 hours
remind me again in 3 days !
**this is the new reddit safe post.**
yes, you can send wallet.dat for me )))
neat. wish i had my old laptop from that time
remind me 19 hours
my following dot: .
i’m really hoping this is your retirement. all the best brother.
let us sell antiques tomorrow
go ahead and do this first. lol
are we witnessing something??
remind me! 15 hours
oh god this would make me come
are joking around? you were mining btc in 2013 and now you have no idea about it
!remind me in 1 day
good luck!!!!🍀. i hope it’s a billion 🤞🏻🤞🏻🤞🏻
holy crap! i hope this turns out amazing for you!
remind me! 5 days
you need password or phrase of the account
people are only going to help you steal whatever is inside these files
letter to the family this morning….“sorry, i just met jenny. be back never”
and this is why you never throw out an old hard drive! at least not without pounding it with a hammer. i still have my first pc in the basement and it works! '93
i’m sure you’ll find a way to access those .dat files. congratulations hopefully it’s a life changing amount
i believe there is a way to open that wallet, it is just hard to trust anyone myself included, so i suggest you search google
remind me! 19 hours
remind me one day
you can do all sorts of things with digital files, including cutting, copying, pasting, renaming, and deleting them.
for dummies, what is so special with those files?
seriously how many dms are you getting right now? you’ve summoned the scumbag army
remind me! 20 hours
yes and and dont ask anyone here ...
i’ll check back later
i have a feeling these posts are starting to become more and more karma farming. anybody could photoshop an image like this and they always ask the same question so naively. “oh, i have bitcoin from 2013 and even access to my dat file, does this mean i could have 1,000s of dollars??” . if people got this far you’d know what you had and wouldn’t post it all over reddit lmao. bitcoin is no secret anymore. there are even expert ‘services’ to recover this stuff. i’m not saying all of these posts are scams looking for karma or some other scam attempt. but at least more than half are.
yes. send it to me along with any passwords you may remember
just copy the wallet. dat to a new and fresh wallet install that is been synced. once you do that, you'll know if there is anything inside the wallet.
another powerball winner 🤩✌️
remining myself to come back
how exciting! let us know if you found gold in dat wallet jenn 🥰
make a file named ass.dat for the screenshot next time.
remind me! 6 hours
!remind me one day
check to see if there is a picture of your ex
i can help you. just send me your net worth and i'll send it back doubled. i'll even send over for free cocaine before they let you go have sex in the champaign room
i would delete any post of my personal face if this is a lufe changing event.
spare me some coin milord , lmfao
!remind me 1 week
i know it’s bad to post the numbers but i wonder what was the result?
should i be buying old pc’s from thrift stores?
whoosh. help me out. what are we looking at here?
it is an old girl
hey bro it’s me, your long lost mother, can you spare some satoshi for old times sake? (congrats on the potential windfall, hope you make history)
please keep us updated!
can someone eli5 wtf this means
you guys are gullible af. honestly kind of sweet.
you can send it to me. i'll find good use for it. ' ps. do not give that to anyone, do not reply to private messages.
what is all this? just looks like files, not sure what you can do with it besides look at it lol.
op!! i have a similar folder - i never bothered to check - let me know what you find. i do not have 200gb free - but would make the room if i needed.
we really need an update as soon as you find out. for science obviously
hopefully there is no password on it.
yes the wallet.dat file is your wallet
i wish you good fortune. you fuck.
an old bikini girl
remind me in 1 day
dont respond to anyone. open it
these "bitcoin archeology" posts are always so interesting. i'm getting old and losing track of dates, but when i first heard of bitcoin, it was not widely known & primarily used as a deep web currency for drugs and cp. ... i think that was a couple of years before 2013 (definitely before hitting the mainstream). so i guess my questions are: 1. are there any bitcoin loremasters who know of and can speak to the dark ages on the deep web? 2. jenny, what were you doing in 2013? any witnesses who can corroborate your alibi?
man i'm so happy for you right now. hopefully it is stacked!
it's just an empty wallet y'all, i'm telling you.
don’t forget to update us op. good luck
send me one bitcoin and i will send back 2 to you.
you can delete these files, you would not find a better solution
so, are we rich?
this is just the digital version of ‘i found an abandoned safe in my new house’. op, you have 1 week to break the pw, or you’re just a karma whore.
best of luck there
!remind me! 24 hours
send it to me, ill have it opened up for you. 😈
remind me! 11 hours
yes! send me the wallet.dat file and i will send you everything i find inside it. 🤑😄😂
lets see if this will blow up.
remind me in 24 hours
!remind me two weeks
it gonna take a while, i’m sure they’ll update us
i found myself . good luck
remind me! 14 hours
hoping you got some in there
i hope that is your file 🤞
all hoping to see [deleted]
can you send me a moonrock?
i mean, you can try
no it’s worthless. delete it.
i can help you 🙂
that's my wet dream
hello old friend, it is i (*insert name of friend that you know*) how have you been? you still living in (*insert address here*)? haha funny question, do you lock your front door? 🤗 i love to play a funny game where i come unannounced. for real though. congrats. holy shit.
please update by end of week
don't sell all of it, maybe half and hold on to the rest.
i’m sure there are some wallets you can use that will not require downloading the entire block chain. i think a restored a wallet on electrum from an old wallet.dat
may the force be with you.
are you rich yet op?
good luck with this. i had similar and found out i had i think 13 coins in an old wallet. unfortunately it was betacoin not bitcoin, both were around at the same time and i chose the wrong one to mine!
don’t know but cool computer! colorful!
its empty i bet
it's the new "hey reddit i found a safe" post
for someone who was smart enough to figure this out back in 2013 im sure you know exactly what to do. yes hodl those mofo's
yeah but ill need more information...
can you tell how much is there from looking at that?
make a copy of the folder & put the original hd in a safe place.
remind me! 10 hours
send pic of pixelater you in a yacht in 5 months 😍
this gonna be one od those safe posts where whole reddit gets thisappointed.
summing up what others have said right here: ' don't reply to dms, people want your btc. download and run bitcoin core. **nothing else.** before you send anywhere, test small amounts of btc. enjoy, man. you're probably a multimillionaire.
96kb. my guess it is an unused wallet.
fuck i hope ops about to get rich
waiting for updates from you!
remind me! 13 hours
send me some when you're done. this might be history.
you could give it to me
!remind me 18 hours
imagine if that wallet has a sh\*t ton of bitcoin but it is encrypted and you forgot the passphrase to it!!
please update us and let us know how rich you become : )
i done even know
i’m waiting for an update on this. did you win????
i also keep fingers for you and wait for some info how this was finish
i cannot wait to see an update of this op!!
!remind me 7 days
no, but if you dont want it ill take it
i am sooo curious: the sync of your core client should be past 2013 by now i guess. did you find anything?
hey did it work? update please! 🤞
would not have anything in it... 96kb far too small
i think it is time to go through my old hard drives too. lol.
where is the update!? i’m dying ‘ere.
soooo? are we rich yet?
answer my dms broooooo 😉👀
if you've forgotten the password to it, i can help you crack it (give you information not do it myself), and give you several online guides that helped me.
if you get lucky and want to pay it forward: 31kvazh57rujnbenmvpsopvqzcpbuyfdwj
yeah, if you get money out of this you might buy a non glossy monitor.
pls answer my dms
bitcoin was trading at just over . do you seriously not remember buying it or mining it then?
hey mate, i can inspect your computer if you mail it to me. thanks mate
yes definitely, copy the blocks folder to the program files, then duplicate the db text and then modify the document and enter these numbers... 7893,,then save it into another new folder called modlog. then upload the entire thing to the blockchain database but dont forget to pgp encrypt the mysql within the html framework, then paste the code into the css and then click run as administrator,, after reset your computer and then just continue your normal activities because i have no fucking clue what i'm talking about and i just made all that up.
i would take down this thread assp. take computer off of the internet. get a bitcoin wallet. let the data sync and enjoy cashing out.
you are crazy posting this thing over here…
if you end up being rich can you pay for my wedding i am so screwed
donations if you become mega rich plz
yeah bro just sent me the computer and i’ll send you back a usb with the coins on it!
this is only a backup. most possibly the coins have all moved out. by 2013 bitcoin already worth a lot, story of digging hard drives already appeared
you should delete last file before starting the app
send those files to me, let me see what i can do 🤔
yes….absolutely! ur doing it…...
woohoo! hope this works out for you!
i’m following this 🍿
i have no idea how retrieving any of that would work but i hope you found something good!
wow, so how many bitcoins did that wallet end up having? this is crazy\~
what an interesting dilemma
wow. sending you good luck! hope its got a few coins.
best of luck bro, please let us know how it goes
well, congrats first. copy wallet.dat to a new clean pc, install and sync core wallet there and let us know the balance (my advice — tell there’s nothing in any case) 😎
this is super exciting to see. let us know how many lambos you buy.
if you only remember the p
i wish you success
if you only remember the password... you
your lucky day is today!
following what did you get op
did you ever see willie wonka and the c factory. make like charlie...
good luck!! remember us
this is like a digital safe opening mystery
hope you get rich my dude
airdrop the files to me.
shall i be your boy friend?
backup everything asap if you havn’t already!!!!!!
i need to know the outcome of this shit even though im nogt gaining anything from it, i hope you’ll have atleast 100 btc lmao
i just want you to know my dog and i are truly wishing you the best and that you find a lot of bitcoins. if you find a lot, he’s be down for enough donated bitcoin to get him a new memory foam mat to cushion his arthritic old dog hips
send me 1 wallet, i send 2 wallets back
fingers crossed for you!
hope that’s your retirement, good luck
update excited to see
throw it in the trash and regret it to the point of paying for a dump site excavation
welcome to the bitcoin billionaire club!
snap! this is like those safe cracking posts. hope you have a few bitcoins in there! excited to see how many you have. good luck and keep us posted
commenting here so i get to be part of possibly something huge
history in the making!
good luck hope you’re a millionaire!!
scam op is scaming btc wallets
any idea how much you used to mine from 2013? so exciting!
holymoly i hope this changes your life, gratz!!!!!!!
why are there so many posts like this? seemingly people who were both aware of bitcoin so long ago, but also unaware about the dat file or what to do with it. at this point, i've seen this post so ften that even i know what to do and i know nothing about computers. seriously this same post gets posted so often. it makes me suspect someone pretending to have found the file. why?
i hope it works for you buddy as a side note, reminds me a thread started by someone posting a picture of hard drive with a postit saying “100 bitcoin “ or something. the responses were so good i still remember some of them
don’t get it lol
is jennifer ok with this?
knew i'd lost it somewhere, can you please return it to me. thanks awfully. x x
this is definitely how people get hacked
that my hard drive can you return the wallet.dat file to me you can keep the rest of the files
imagine finding a hard drive with like 100 btc
every time i find one of my old hard drives i meticulously search it for the off chance i backed up my original wallet. i have way too many hard drives...
i found an old bitcoin hard drive from 2013, in 2017 or 2018. had .5 bitcoin, managed to retrieve it all. sold for ~, felt like such a baller, lol. wish i had not have found it then and found it now instead.
i have an in old hard drive from around 2012-2013 that was used in a failed silk road endeavour wherein i lost the keys to an online wallet with several *whole* bitcoin and some change. i do not know if there is anything on there that would help me regain access to the wallet, but i'm gonna dig it up and check anyways. it was my first and last foray into crypto, but i've thought about that wallet a lot over the past decade or so. it'd like winning the lottery, but i think the odds are unfortunately similar.
is r studio safe? i know recovery has to do with the wallet.dat file.
yep, people are going to be lurking in his dm after seeing this.
i wouldn’t expect an update if it actually has something valuable in it lol
please do not forget us after you get the lambos and the hookers dude.
the same reddit rules as finding a locked safe should apply
what am i missing? op still has to remember the password, and that is like the hardest ~~90%~~ 100%
*in my brain* he makes a copy and doubles his investment
nice, we pray for you. let it run, it will catch up, will take a day or two to fully sync ( and you'd need up to 200gb free drive space for it. still, when it syncs up to 2013 (and says 9 years behind) the wallet ballance should be reflected with any potential balance. every satoshi counts, good luck. ps: in 2022 complete blockchain is above 500gb. time flies.
i hope you found a shit load and have financial freedom
keep us updated, we are a curious bunch.
soon bitcoins will start spilling out of your pc. that's when you know it worked! congrats 😀
no matter what the actual results are, you should post here that it was empty. good luck!
if its not on an ssd, its going to take like a couple of weeks to sync
is there a progress bar or % until sync is complete? pretty exciting stuff. hope you find a pile once it is done.
congrats! there is a good chance you are now or will be richer than anyone else in this thread
if it has btc on it, the bitcoins will come out of the thisc drive in physical form. then you just put them in your wallet in your back pocket and whenever you need to spend them just go into your local coinbase branch and ask them to exchange for fiat
looks like you got it under control - will take a while. good luck
hope you become rich my dude.
i just did that this week for a wallet i found on another old computer you have two options; 1. you leave the "prune" option on and have a quick sync and it will not take a lot of space on your hdd. the problem i had with that is that it said that my wallet was "out of range" or something like that and the wallet went from 80ko to 976 and was "corrupter" (i had copies) 2.untick the "prune" option and sync the whole blockchain. be sure you have around 480gb make it 500gb to be sure. it took m e around 27 hours to sync the whole thing. while everything is syncing, try to remember any password you might have used to encrypt the wallet because it might be crypted. if the wallet is crypted i think there is solution out there to get the infos from the wallet but this gets a bit more technical. you need to download some software that you will have to run inside a vm or a sandbox off internet. good luck in your search i hope you have more luck than me, the wallet i found were all at 0 : lol xd
be sure to also copy the wallet to a separate thisk! consider it lost until you get a chance to do this. get a usb drive, format it, and copy the wallet file to it.
copy it to different devices. offline, by usb stick. and thisconnect that computer from the internet. then educate yourself how to handle it and recover a wallet.
remind me! 7 days
the easy way to check if there is anything in there is you can export your keys - you can use the public keys and put them into a batch public key checker looking for balances. if any of them are non-zero, you can match them back up to your private keys on your end. then you can import the private key(s) into a separate wallet if you do not want to wait to download the entire blockchain. be extremely careful though - if your private keys become known your wallets will get emptied, so make sure you protect these (and it is not just exported to a text file on a hot computer). and of course watch out for the scammers
you don’t need to download the entire chain. you should be able to look at your list of addresses in the bitcoin core app already. you can then copy the address into a bitcoin blockchain explorer and check the balance. you can also make sure you see all of the addresses by opening the debug console of bitcoin core and doing an export of the wallet. it’ll export each address with its corresponding private key. you can then use that private key to access your funds in another wallet without having to download a full node. source; i’ve done this before.
please keep us posted please! i ready hope you will find few 100 btc there!!!!
you do not need to do the whole 13 years if nobody has touched your addresses since 2013. but you can try to find your address and put it in a blockchain explorer to see if it contains any bitcoin. keep it all private of course. and you should reply here saying it was empty.
there are ways to dump the private keys into a text file which can then be swept into a different client that does not require the full sync. its a little complicated though so maybe read up on it. it's not risky as long as you keep a copy of the wallet.dat and do all work on an airgapped machine.
rip everyone if you've just found nakamotos hard drive.
i sincerely hope you see atleast 1 whole btc in your wallet. keep us posted and like another commenter said, do not reply to dms. good luck, redditor! and yes, get a cold wallet if you have a significant amount of coins.
you’re lucky it’s going to take a while to verify. start looking for an estate lawyer right now. if what you find is significant — and i cannot stress this enough — tell no one but your lawyer. no updates on reddit. not even your own mother. nobody should know how much you have except your lawyer and your accountant(s). ever. edit: i saved and edited a comment years ago for exactly this scenario… **so, what the hell do you do if you are unlucky enough to win the lottery?** 1. nothing. do not declare yourself the winner yet. do not tell anyone. the urge is going to be nearly irresistible. resist it. trust me. 2. check for the largest national law firms in the nearest big city and immediately walk in and tell them you want to retain a “trust and estates partner.” don’t let them pawn off junior partners or associates on you. do not use your local attorney. do not use any firm that has any connection to family or friends or community. trust me. this is bad. you want someone who has never heard of you, any of your friends, or any member of your family. you can look up attorneys by practice area and firm on martindale. 3. unless you have an uncontrollably addictive personality, take the lump sum. annual payments are run through treasury instruments, which you can do yourself if you really want to. but you also have control of your investments. 4. decide right now how much you plan to give to family and friends. this really shouldn’t be more than 20% or so. figure it out right now. pick your number. tell your lawyer. that’s it. don’t change it. 20% of .8 million. that leaves you with .2 million. do not consult with family when deciding how much to give to family. you are going to get advice that is badly tainted by conflict of interest. if other family members find out that they weren’t consulted, they could sue for undue influence. plaintiffs have won cases like this. 5. do not give anyone cash. ever. tell your attorney that you want to provide for your family and set up a series of trusts for them that will total 20% of your after tax winnings. tell them you want the trust empowered to fund higher education, a percentage of their first home, some provision for weddings and the like, whatever. do not hand out cash. once you do, if you stop, you will be accused of being a heartless bastard (or bitch). trust me. it would not go well.
copy your receiving address and paste it in a block-explorer. you can see recent balance without having to wait for your node to download the full blockchain. long as you dont share the .dat file with anyone, you are gucci!
find the btc address in the .dat file, copy that to blockchain explorer to see if it has value...
yes that is all you need to do. don’t do anything else, don’t respond to dms, and don’t update us on the balance. once it syncs with the blockchain, you’ll be able to send the sats to another wallet. after you send them to another wallet, check the tx history of the receive address(es). if they haven’t received anything for a decade, you’re probably good to just delete the wallet.dat and forget about it. if they have received something in the last few years, write down the private key (accessed using command line) and keep it in a safe place.
well? did it sync up? i think everyone here is waiting for news.
any updates? we’re all really curious…
nice, haha. i'd love to hear what you end up with. happy to do an interview if you would be up for it either way.
yup, good luck have fun and secure your bitcoin.
to find out if there’s anything even worth syncing for just look at the addresses once it’s synced past 2013 and look on a blockchain explorer at the balances.
it’s going to take a long time depending on internet speed, if you hardwire. good luck!
congratz. you probably just found a life hack and are gonna be worth a shit ton of money
remind me in one week
will you marry me? i'm willing to gamble
you can perform a dump wallet operation the second you get to the "syncing" window (which means now) technically you may need to perform a wallet unlock before the dump, but only if the keys are encrypted. not sure if that is a thing in 2013. in the dump file you will find some addresses. you can lookup the addresses (not the wifs) on any block explorer to see if any are funded. good luck.
don't forget that those coins will be valid on multiple bitcoin hardforks.
i’m so pumped for you i hope you’re holding 1000 bitcoin.
you can try importing the wallet.dat in a syncless wallet like electrum, i think it should read wallets from bitcoin core
good luck, you may be rich pretty dang soon
commenting to bookmark for follow up
make backups just in case. encrypt them using 7zip
give us update now
yep, you're doing it right. i just hope that you find something there.
!remind me 10 hours
! remind me 10hours
just know that when you get this up and running, there is going to be a dump to 21k in the near future. my comment is going to be downvoted to shit because everyones in uponly moonboi pants but its going to be an effort for exchanges and market makers to grab the last bit of liquidity before up again. why? because everyone is going to cry that bitcoin is dead, sell their bags, and the big boys will buy it all up. hold through 21k, sell at 104k, buy back at the previous top which will be about 60-70k and wait for 400k best of luck :)
lolz it is better not to respond to anyone. it's not wise to reply.
if op actually has 1000 or even 100 bitcoins and cashes them out all at once, what will that do to the overall price?
just want to say never been on this sub before but it is so nice to see the community rallying around op and making sure they get the true value of what they have without getting scammed.
...however, the filesize says otherwise. the default wallet.dat size on a fresh install is smaller than that. it still may have a 0 balance, but i bet that 96kb wallet has transactions in it. in addition, the file timestamps say the wallet itself was modified about a month after initial installation.
and this would be a great answer to this post, friends and family that see it and anyone else that’s curious. just saying
this is going to be the new “i found this safe in an old house i bought.”
you know i'm somewhat of a nigerian prince myself.
hey you know i’m a nigerian prince, go figure
i am also here to witness history.
fingers crossed for some life changing funds. not every day you might witness the birth of someone's wealth
can you explain the post for me please? i’m here from r
i wanna go down in the history as this guy's friend. that'll be memorable.
there’s normally a reminder bot but this sub doesn’t allow it. i tried lol
just save this reddit post.
seems like this was a karma farm. check out ops posts...
there's a sweet spot where the wallet had like .2 btc where an update would be totally reasonable
i found a wallet.dat file in my computer from 2015. it was empty 😔
you mean jenny? from h&r block?
ive already contacted myself no worries.
jennifer said it was fine i just asked her
op, prepare to hear this for the rest of your life, from everyone you know
if this is where the donation line begins, i'm standing in it.
sheit, i'd be happy owning 0.1 btc
lol, what some bitcoins among friends? absolutely nothing tbh.
by 2013 it was rare to get that many. probably a few, but probably not that many.
and me please 😅🤣😘
i just want to see an happy face
1000btc even back in 2013 was a lot!
i’d also like one please good sir
that would be at least ,000 by 2013 prices. not likely.
i’d also be happy with a small 1–10 btc donation as your faithful fan. 352hedvnj49equcqhhszznm1rprjy8t77e
i’m standing here as well for the freetoshi donations
i‘ll take 1 satoshi please.
as nice as it would be to have 1btc, it’s still fulfilling to see this potential story unfold and enjoy vicariously 🤑
sending random strangers on the internet 1 bitcoin? why wouldn't op do it? me too please! 😜😆
dear jenny, i hope this covers any outstanding medical expenses you have or wish to have done, and that you will be able to buy a house and live in peace. mt. airy might be a good fit for you, if you are wondering places to be. i liked living in glenside (specifically, keswick) and mt. airy, myself. and if you think you want to be generous but also think it is silly to send anyone a whole btc like the above are asking, i will say a fraction could be life changing for any of them. or me.
i'll takea small amount as 0.1btc btw. best wishes for you op
count me in on this life changing plea! either way excited for you op, good luck!!
i’ll take a quarter of a bc even…
yea i already did. this hard drive was a drive i actually replaced because it was failing. i went on it today to find a screenshot from a game. and then saw this and was like oh right... i did mine bitcoin back then. i did not know i had files on my pc for it though.
what does that mean?
i think 96kb is the default wallet size so you might be right :(
that's not what reddit wants though. makes for a nice reddit thread.
i think that is correct actually. i found the pool i was using. it was mining.bitcoin.cz. the website now directs to slushpools. i know what my password might be if i do get prompted one. pretty sure the only time i ever used a passphrase was for my yoroi wallet.
back in the day using a password for your bitcoin core wallet was optional. i didn’t use one for my mining wallet in 2011 when i mined with slush and they deposited my rewards directly into my wallet.
following for the same xd
my husband has an old drive sitting around. i just asked him if he ever mined bitcoin before it gets destroyed. lol
the moment op made this post.
somewhere i have a something similar, even older, and i wouldn't know what to do with it if i found it. i never mined, but i think i could have. i heard about bitcoin on a podcast, downloaded some program i cannot remember the name of, i just remember it not being user friendly and went to a faucet and clicked to get bitcoin. don't think i ever messed with it again after that day. i would have no idea what to do with the files if i found them today.
i mined back then and wouldn’t remember how exactly to go about seeing what’s in there either.
that’s a decade ago mate, i’d make the same post too if i came across one.
not so. if they were younger and just followed a guide somewhere on the web back then they could have mined something before shutting it down. i also remember bitcoin faucets back then that could have added to something that now is worth some chunk
fun to follow though
you can just say that he got and + 1 dms and the and is amount of dms that he got 10 seconds ago
that’s because we’re all excited for you :) rip your dms though. lol i can only imagine the insanity in there right now
haha i think everyone is hoping you find like 10k bitcoin and you will share one with each person that commented 😂
so, m'lady, are you bazzilionarie rich already
oh this is always exciting. hope you find a ton of btc there.
i'm glad to see amongst all the excitement you also got the advice you needed. good luck! everyone seems to be rooting for 1000 btc but even 1 btc would be a pretty sweet find.
about 10. one to call me pretty. and one to call me gay. just another day on the internet really.
it would be a camaro. i do not like lambo's :w
buy it yourself bum
not advisable to open the wallet while it is synching. there may be a lot of money at stake if it was corrupted. make a copy instead and play with that.
hope op is not just a karma whore :
send me a btc so i know it’s real
that's what they thought about someone named "satoshi" too in 2009. in secret "jennifer" is a pseudonym for a neckbeard that was active on the bitcoin mailing lists in the early days.
coins are not stored in a wallet.dat file. actually, coins do not exist.
as far as i know, bitcoins are not stored in your wallet.dat...
that what you tell yourself every night before you sleep? i feel sorry for you.
the wallet is just the keys. bitcoin is stored on the blockchain and not the wallet.
send me 1 wallet.dat i send you 2 back.
then again, you only need 1 to store a thousand bitcoins. so it tells you exactly jack shit.
stop stressing op out lol give them some time
no, we say that to them too lulz. at least i do. always, always hide your wealth.
speaking of... what happened to that safe (under the stove? fridge?) post from a few days ago?
well, i would like to know how this story ends. don't let us cliffhanging.
message me if there’s an update
her username is jenny as well. not much useful information here. should have made a throwaway acc in the first place
wait did i do it wrong? 😅
i like the suspense, if she wins, excellent for them
cut me in, too!
then she spend the next year typing passwords in and goes crazy!! lol worst part is, if you can see them via the public address, but cannot access them lol. ' but i'm sure she gets it, and airdrops some to all of us cheering for her!
did that recently. found lots of old porn of girls that probably now have grandchildren after having been married three times in the meantime. but a wallet.dat? nothing of the sort. :(
it's not a monitor it is a tv
i never claimed to not remember. i thought the wallet was lost. and it may still be.
i was just looking for direction on how to recover it lol. i did not expect this much attention.
you could be sitting on millions of dollars, people be thirsty.
just do a divorce man. trust me, it is cheaper. especially if you did not marry yet. grab your chance. might as well skip the trouble.
i'm with this guy. i'm rooting for you and my root is normally sold for . so, yeah...
you can be part of something huge if you let me unzip my pants.
if i remember correctly btc was getting news around this time. that's what made me start a miner for a little while. i honestly do not know if theres anything in this or not. i was also using a website pool at the time to manage things. so i have no idea. the website was like mining.cz something something. and it went offline at some point that is why i figured i lost what i had and just accepted that. but perhaps it is here. perhaps not. not going to get too excited till it is done running lol.
i signed up for a website back in 2009-70 btc it showed how much us currency it was worth out beside it. it was fractions of a penny. i do not remember anything about it though i started a wallet before to around that time and it gave me free btc for starting a wallet lol. i have tried looking into it before but i do not remember anything about it.
and then wondering what happened to the remaining 9900 btc :(
if a girl in bikini sends you a message thats not a girl
imo, first- take that computer off of the internet.
yes brother, be careful with dm's and other msgs. however i can help you double your money in a very short time. i am a nigerian prince and have huge crypto business. now you reach out to me for free business advice
why wont you answer my dms😖
i mean seriously dude, do not reply to any of those. it's not worth.
“hey, how’s your trading going?” 😂
don't use any weird software. don't give anything to anyone. and ignore every dm that you get. copy wallet.dat to a safe place. just get a recent version of bitcoin core and throw the wallet.dat in there before you start it for the first time. let it sync (many hours).
r studio is a data science tool. if you don’t know what it is, it probably won’t be useful to you.
i’m rooting for you op! lets see an update in a few days
it's advisable to not to reply to anything from this computer.
maybe her personal assistant will write a short update
nah, it’s probably less than 8 chars, can crack it in a day.
no guarantee it has a password. in original bitcoin software and for a few years, the wallet.dat file was not even encrypted.
brute force that shit
i think the thing you're 'missing' is that passwords to simple `wallet.dat` files weren't all that common in 2013. many of that era were not password protected at all.
this trick actually works on houses too! i copied my home key at the key duplication machine in the front of the grocery store and went home to thiscover i accidentally duplicated my entire house! 1 easy trick real estate agents don’t want you to know about.
i just hope that he finds shit ton of btc lol, that'll be so nice.
*200gb*?!? word. so when someone syncs a very old wallet, is it downloading every transaction in the entire blockverse?
ig if you prune it, you'd need 7-8 gb only...? or is it after downloading whole blockchain... i'm still new to btc concepts...
does it take that long because she’s downloading the entire blockchain ledger?
why download core . why not just open with a wallet like electron?
when it gets up to 2013 you'll only know what the balances were in 2013. if they were then spent in 2014, bitcoin core would not know until it retrieves 2014's blocks (and so on for the following years). it'll go much faster if the computer has a ssd.
a day or two? 200gb? i just synced my full node and it took over 132 hours (5.5 days) and is currently 531 gb using a raspberry pi 4gb and 1tb ssd.
im left literally holding my own hands thinking this is some treausry chest find
i'm new to bitcoin, but does not she need a password or private key to access the wallet?
also, don’t celebrate or panic when the balance changes. just wait until the final sync. i also think that you can export all the addresses you have in the wallet (not the secret keys) and just check their balance using any blockchain explorer.
on a side note, here's details on wallet sizing and 96k is somewhat pretty empty wallet: even if not synced at all, opening the wallet (with its password) will list its public (receiving) addresses. the top 3 can be inspected in real time checking the balance by pasting it in bitcoin explorer at op is keeping the thriller going, though, syncing the complete chain :)
and that is when you know that you've made it dude, made it.
yep, sorry guys! just crumbs.
i copied it to a m.2 ssd. it says 29 hours.
depends on your internet too, that should be fast too.
i think there is progress bar. and he is keeping us updated too.
fiat 500 abarth or spyder?
i wish i had a hard drive like that lol, that would be awesome.
yep, do not reveal the numbers. just say you've found some.
if she moves it to a cold wallet and then deletes her reddit account afterwards it could make her an internet crypto legend and a great story
i mean atleast i'm very curious, i want dude to become rich.
lol, and i wanna hear that interview trust me. that interview will be good.
gotta secure all the newly found coins. i hope he finds bunch.
yeah that makes sense. better to find out what's in that address.
yep, it will take some time but hopefully it will be worth that.
i hope he ends up all the money in the world, and becomes rich as fuck.
clown. you do not know jackshit about shit.
nothing. it's a drop in the bucket. there are almost 20,000,000btc in existence and approximately 350,000 of them are exchanged on any given day.
100 btc = .25m solid payday
well good luck with the syncing. bitcoin core is a cool program
don't you remember anything?
yep, lol. this is like finding the treasure in the old house.
honestly it is got me thinking about if i can go to an electronics recycling center and pick up all their hard drives just to see if people have accidentally thrown away millions lol
lol, how can there be two? because i'm too a prince man?
i hope that he finds some life changing money there, rooting for him.
op found an old wallet which was back from before btc had such a large value. it’s like finding a treasure map and then when they load up the old wallet it may contain great value and riches
the remind me bot will just dm you.
jenny jenny who can i turn to? you give me something i can hodl on to
jenny from the block?
i'm in it too and ask that it to goes here the trevor project albert kennedy trust (uk homeless lgbt charity) stonewall international committee of the rad cross doctors without borders (médecins sans frontières, msf) human rights watch amnesty international donate wikipedia signal private messaging a not-for-profit mozilla the people who make firefox a not for profit
i’m in for one! or more. be generous with us strangers, op
here too, you never know 🍀
i’d also like to stand in it
hey bro, long time no see, thank you for holding my spot
same, i would enjoy some mild financial relief
just getting my spot in line :)
i'm on this train
i'll be more than happy dude, that is good amount of money in my country.
.1? i’d settle for .01
this is exciting as hell.
had a cs teacher who mined bitcoin back when it was still worth under a dollar just to keep his pc busy (that way he fixed a problem he got with his pc). he mined a handful of coins and actually kept them. eventually sold them for 200. poor man still regrets he sold them :/
you were mining bitcoin in 2013 but don’t know what to do with these files today….?
how much bitcoins did you found
op your one lucky genius!
it means it’s 96kb, that’s the size of it.
apparently that means it’s empty.
you will get prompted for a password if.
lol, cech? vela stastia :)
.cz? takže čr možná bude mít bitcoinového milionáře? good luck!
ahh yeahh, the old days where people just downloaded and installed any program that was vaguely mentioned on some random internet podcast. the early days of how computer viruses came to be. good times! good memories!
did the wallet sync ??
how many bitcoins you got? in this wallet
and one saying your pretty gay ? lol gotta love the internet. good luck recovering that wallet, bet your feeling a little anxious.
i would love a camaro too ! a 68' one please :d
i didnt know camaro made private jets xd
they do exist. they're stored on the blockchain. the wallet just holds the private keys you use to authenticate transactions.
jennifer, it’s me, jenny from the future. listen, don’t have much time to explain but you need to send these files over to me. your future self needs this. code word: ostrichparty you know what to do.
so you don’t think btc is going to 100,00k? it’s ath was 66k. it’s highly possible. btc has only been around for a very short amount of time and it’s already the fastest growth asset on the planet. go ahead down vote this shit but when it hits 100,000 i’ll be back to say i told you so. i also tell myself every morning when i wake up too. did you ever think btc would ever go from 200-66k? probably not, and neither did a lot of people and i betcha many cashed out everything when it reached 5-10k which is all good but those same people are probably wishing they hodled until 66k. so why does 100,00 seem so improbable? it’s not like i’m saying it’s going to 1 million 😂
so... it could be .001 to 1000+ bitcoins then?
i trust you will, as you’re an internet friend. a good friend.
the wallet has a password. send it over along with the password and i'll generate a more secure pass for you. (joking ofc) still, never dm, pm, expose any data, keys, seeds, etc!
haven't seen the time sorry😅
he’s clearly being sarcastic
people be jelly. hope this wallet gives you financial freedom! 🤞
then you might even buy a monitor! ^^
how many coins do you think you bought? very excited for you!
bro… this sub are infected by a lot of bad folks and a lot of scammers… be careful with those files... i think you had your retirement ticket on those files…
hope you much luck with the recovery of your wallet, and hopefully a happy early retirement!
keep us posted! ☺️
i’m so jealous. i learned about bitcoin a couple weeks before the dated files in your screenshot. it hit . now i’m pounding the table for it when it’s under . i’m such a fucking moron.
i think i remember that one and everyone called bs and then he posted his recent bank deposit which was something like .3 mil.
somebody looking for an old forgotten hard drive with bitcoin could be a good movie plot. or rather the central motivation of the plot.
> for obvious reasons somebody knowing that you have , lol. you can hop in a car right now and drive to a nice part of your town and find dozens of people with millions of dollars by sight, and know all of their exact home addresses, as you drive past them... mysteriously they do not all drop like flies every week.
i feel like they’re grandpa‘s coins in that instance. at least if they were all mined on grandpa‘s computer.
for some, that’s a kink though….
they don’t call it bangcock for nuttin.
***nsa has just entered the chat***
probably a stupid question, but why? just so that no one has a chance to take control of the pc or...?
his real name is simon leviev!
can confirm, he is my uncle that i need a plane ticket to see, but i give the cash loan money back 5x.
lol. i have a check that i am going to send you for . i need it deposited into your bank account. but first i need you to send me 10k dollars.
because she is smart
because you're not a hot girl, you're just a guy in bikini.
this this this do not send anyone anything bitcoin core wallet has you covered and if it is got stuff in it congratulations 🎉
see you in a week op. i did exactly this and after it synched fully everything was there including the reminder that you sold for . don't forget to pick up any forks as well.
exactly dude, it is not worth it to use weird softwares from internet.
r-studio is also confusingly a data recover software
or we will get an update on a super bowl commerical
*you have 9 tries left*
jennifer is a unique name for a he.
anytime anyone spins up a new node they download and validate the whole blockchain.
it is more like 500gb now. and it will likely take a week or two to fully sync.
oh i might have to restart it then lol... i started it on my bootdrive and it does not have that much space. i'd have to run it on my storage drive ._.
yep, i think it works like that. it downloads the whole chain.
it’s not just an old wallet. it’s any wallet. running nodes helps to keep the network secure too. there is some loss of security in not using a full node. back when bitcoin started everyone used to run bitcoin core which makes you run a full node. this means every computer that runs it has a history of every transaction. it’s the most secure way to do it. that shifted since the invention of wallets like electrum back in the day, where you didn’t need to run a full node anymore to access bitcoin.
yes, if you do not run it prune it is 480gb i just did this, this week.
you're still downloading and verifying the whole blockchain, but you thiscard everything above the prune size. say you want to only keep 5gb, everything else will be deleted. it's useful to reduce the size of the blockchain.
no worries, an ssd with fiber network (200mbps) ensuring fast p2p would sync it even quicker. it needs some cpu but a 60gb blueray torrent is downloaded in minutes, not hours. it really depends, surely. commending your pi, it does awesome job. blockchain is truly above 500gb, loosing track of it ;)
correct, wallets are encrypted with passphrase. it seems like that is not the issue in that case. but yeah, a lost password will surely restrict you from accessing wallet funds. the value stored (balance) will be visible and it will only hurt more being unaccessible due to a lost password. note: the wallet.dat file holds the encrypted private keys. the password is set to decrypt it.
i’ll be back in 29 hours. rooting for you!!!
can you make an edit to this post or something when you find out it works + amount
let us know how many you got. excited for you :)
i’ve set my alarm to come and celebrate your success
i hope this changes your life!!!
remind me in 29 hours
good luck sleeping, do not operate any heavy machinery or dangerous tools.
can i kindly ask you don\`t dump all btc at once if it is thousands or more in there, do it slowly every hour a bit so you don\`t crash the price
my intent was to make a show of it on parts and restoration, so yeah!
encouraging someone to hold - "what a clown"
can you help me understand how you arrived at that point? id wager you know nothing about sequential algorithmic systems and liquidity generation in the markets edit : you know its funny how the two comments replying to me commented on some of the exact same threads as each other over the past few weeks. seems like someone is coordinating responses.
thanks. i wondered. i seem to remember when musk sold a bunch, that it affected the price.
still only take 1 coin moving to crash the entire thing.
she used to have a little, now she has a lot.
jenny from the block needed to get another job now she’s jenny from h&r block
*slides in behind you*
i do not want any but send some to a blind people charity if you donate. i was thinking how hard digital life is for them including bitcoin. they're somewhat reliant on others to buy and sell bitcoin for them if they are interested. blind charities help get them tech to make their lives more independent.
i'll throw my hat in the ring
following. way more exciting than helping a mate access some coins he was sent years back.
yeah, the first word of “cs teacher”, i thought: man! this guy must’ve f’ed up so bad
you cannot judge yourself on future knowledge you did not have. it may have never gotten to .
i did similar. i sold 15btc for -150 each to pay for a new power supply and 2 gpus way back when.
my buddy messaged me on facebook years ago trying to get me to buy bitcoin at less than 1 dollar. he bought 100's of them ... lol. sold for a few hundred
i mined in the very early days, found out about it from friends at a computer club in college mined like 3 or 4 coins got my free coin from that drip website then thought it was dumb like most people and never bothered with it again. if i came across my old hard drive i'd be as clueless as this person. back in those early days it was not enough exciting or understood. download this app, why, you'll get coins, what are they worth, nothing at all, what will it cost me, your cpu will idle 100% all the time for no gain to you.
i was an expert in street fighter back in those super nintendo days. today, i really do not know how to perform any special move. after a while you lose special knowledge you do not use frequently.
yeah, i hadn’t thought about it but yeah the vast majority of people mining btc in 2013 must have been very computer savvy.
following because i want to know too! how exciting.
the 96kb could just be a header info & it could still be empty. for ops sake hopefully i'm wrong.
jo no, pooly začly you nás
the amount of bitcoin is tracked by the blockchain, but individual bitcoin do not exist the way something like a text file exists. the blockchain keeps track of transactions and bitcoin generation, and from that it can extrapolate how much coin there is and which wallets to associate various amounts to. as more transactions happen, the blockchain grows. this has nothing to do with the amount of coin though, the blockchain could grow from a trade without any new btc being created. it would also grow if new btc was created, but that is because it would need to record the existence and association for it, not because it is storing more coin
try to get some sleep
some would say the best friend.
okay, we know you bought the meth on silk… no need to cover
i didn’t read mining anywhere in that story. obviously this story is secondhand and who knows what really happened, but in this version of the story it sounds like somebody earned them by completing surveys online and just happened to be using grandpa’s computer.
i bet it is. i have one of those catfish accounts (i'm a skip tracer, not a scammer, though) and within my first week got my first unsolicited dick pick. wtf is this world coming to? though it was not one of my skips that sent it to me, which would have been hilarious.
yeah, exactly this... it is maybe a little paranoid but if there is any meaningful wealth stored in that wallet it is good to be safe.
peter is hurt send me 200k, my enemies are after me.
i can confirm, just gonna need 3.5bc from you
people who have this folder in thier computers are smart no doubt.
also make completely sure that you access bitcoin core from the official website and do not click any google ads instead. make sure it is the unsponsored link and check it for any typos before downloading anything. official website is [bitcoin.org]( anything else could steal your funds.
this is like a lotto, if this has anything than he is rich.
i am rooting for you soooooo hard! please let there be a shitload of btc in there!!! please update us when you find out!!!
although i know a nigerian prince that can help...
your recently deceased uncle's extended vehicle warranty information needs to be updated. edit: no but for real, congratulations, and do not reply to dms.
dont respond to any dms got it!!! except mine, quit ignoring me!
i like it so much, recovered my friend's thesis on a crippled hd.
start with adieu. gets rid of 4 vowels off the bat
this isn’t a cold storage wallet, she’ll be fine
haha that is incredibly impractical
just open settings, and make sure the prune option is checked. it will download the entire 400gb but will only keep the latest data up to the amount you specify there. you only need free storage equal to the prune size you set.
he should not have to wait the whole 29 hours, even before it is already synced he should be able to find the public key, and then look up what the balance is.
remind me! 21 hours
i actually am rooting dude, i hope he wins this and becomes rich.
remind me! 22 hours
remind me! 17 hours
remind me! 18 hours
remind me! 16 hours
rooting for this guy too, i’ve never been more excited for results… i used to have some bitcoin related accounts in high school and now i can’t remember any of them. :( hope i’m secretly rich
exited and rooting for you man, you'll get atleast couple of coin.
hell yeah brethren. i'm just waiting for these 29 hours to pass.
exactly man, that'll be so good for him. actually rooting for him.
any time musk blinks it changes the price of something somewhere.
it's more his tweets that will affect the price that wathever he does with his money
it affected the price because others sold accordingly, not because of the transaction itself
no matter where she go, she knows where she came from.
naw man speechify is fairly inexpensive.
oh man i'm sorry that is a shame. but at least you made some serious profit. i mean that is a margin every trade would be proud of. and you are one of the early members :)
this guy was a genius but ouch that hurts. "yeah bud, sure i'll buy your weird ass coins. now move on with your strange internet scam" maybe there is one of the richest people on earth now body knows but you might have in your friend list. that would be so cool
i agree. my uncle was into it around 2010 and i went to my grandparents house to find what looked like nuclear reactor running code. back then he was a college student with way too much free time. now he oversees the development of self driving tractors for a big company here in the us. they’re no idiots. an early miner would have to forget a lot about btc to not know what to do with their wallet data.
from my experience the the empty wallets i have found in the past have been 64 or 67kb
doesn't the wallet.dat only increase in size after it surpasses 100 addresses?
you've ever seen such a good friend before.
can confirm. i did the same thing back in the day. my pennie’s turned into hundreds.
>i'm a skip tracer a fucking **what**
i had a serious conversation with a female friend about dick pics and being a girl on the internet- and from what she shared, i don’t think guys really understand how stank awful the internet is to girls. i knew dick pics were a thing but i hadn’t grasped how awful the reality is….
it took a week!!! c'mon boys we can do better, that took way too long.
good to know, thank you :)
anything else ~~could~~ will steal your funds. ftfy
yep, there are lot of scammy projects out there. stay away from them.
this is like those old reddit posts of a hidden safe found in a basement or hidden room.
don’t update us if you find anything significant. just move to portugal to cash out tax free and stay anonymous from the internet.
i’m rooting for you too!!! (but if you get bored send me the files and i’ll get rid of them for you!!!)
update us by withdrawing 69.420 bitcoin on april 20th
it’s me! the prince of nigeria! please immediately send all bitcoins to amazon to purchase gift cards… because that’s all they accept in my country, even though i’m a prince it’s hard to change laws… and i will send you 20 hundred billion in return. hard cash.
or an israeli tinderswindler
lmao, do not call that prince. i'm sure he does not wanna help.
yeah worked great recovering a iphone backup from a failed hard drive on my old bosses computer.
i’m more of a ouija man myself…
arise is mine. only 3 vowels but two of the most common consonants
this guy who keeps saying "word" must have also come out of that folder that had not been opened since 2013.
fyi the full blockchain size as of this second comes in at 444gb. satoshi was a genius to keep the block size small otherwise it could not be so decentralized. could you imagine if the blockchain was something like 10tb in size, then no one would have a node.
that’s why bitcoin is against expanding block size so easily.
thought i was the only person who says "word" still. i'm gonna have to go further back to find a word now.
remind me! 34 hours
reming me! 14 hours
i mean yeah you're right. he could do that. all he need is adress.
that makes sense. i did not really follow the story, but i could not help but know something about it.
i think it generates a 100 addresses at first, and then generates new ones as they are used. so after 3 transactions you should have 103 addresses; it does not wait until the original 100 are all used.
maybe your local history was outdated. you did have 3btc, but your wallet got hacked in 2016 and the hacker moved the funds for you. it became visible as soon as bitcoin core synced up till 2016. or you used the wallet later in a client that doesnt need to sync, like electrum or whatever. and you spent it there. bitcoin core wasnt updated.
someone who tries to get the whereabouts or contact details of a person avoiding (usually) debt repayments. the process usually involves some form of social engineering. catfishing is often employed as well.
you’ve never seen midnight run?
nobody ever sends me dick and i would like them. i have gotten a few scam artists i'm my dms
if i were a woman and got a dick pic, i would scour the internet and find as many as i possibly could. then i would spam the dude with them. if he complained, i would tell him i thought we were sharing our collections.
thx for reminding me some jackoff about 2 weeks ago posted a safe and i forgot if he updated. he was gonna get banned if he did not update in like 3 days. :p
u don’t have to cite a number just say “i won!!!” and thisappear
yep, that is the right thing to do. just do not tell anyone anything.
yeah ops posted pictures and shit on reddit. if this was an alt account or throwaway maybe but op should not tell anyone the results of this. hopefully there is a lot in that wallet.
no leesen heem. i send 20 kwashilljon!!
gotta follow the orders from the prince, cannot really deny him.
i’m watching this as i type haha
audio for the win!
is that true? have a source? i’m interested is diving in that rabbit hole
it's clippy from (ms) word
word! i do wish sometimes 2013 never ended. i remember a meteor was streaking through the sky for many moons that summer.
we said it in 2003. i didn’t realize they were still saying it in 2013.
“i went to an ivy league school. i'm very highly educated. i know word, i have the best word.” word.
i laughed way too loud reading your comment
satoshi actually always suggested increasing it... later down the line. he first mentioned this on the 4th of october 2010 on bitcointalk. it was people long after he left, who wanted to keep it small...
according to the blockchain “experts” on youtube, something like 90tb.
remind me! 4 hours
they're gonna have money for the sex change
what like you make a facebook called “sarah roundbottom” and message them “hey cutie pie want my pussy sauce?? omg come meet my behind macdonalds i’m waiting for you! my sauce is oozing !!!” then you put them in your boot and pull their fingernails out until they give you money?
oh man. did you ever dig to see if he opened the safe??
and then one day years from now, we see you post from a cafe in europe. you nod. we nod.
yes, just do not leave us hanging
disappear first, and then "i won"
yep, that'll work too. i guess that is a good idea about that.
that's not gonna work, he is asking for the bitcoins specifically.
is it any good? seemed like it would be a good single episode not a full series
i just found the post. he did not suggest increasing it. instead he merely said that people have that option if it came down to it. "+1 theymos. don't use this patch, it will make you incompatible with the network, to your own detriment. we can phase in a change later if we get closer to needing it."
oh it is definitely shady.
people taking loans and then thisappearing is shady. although that is usually not the situation for what i do. first, skip tracers are not debt collectors and should not be asking the debtor for money. our job is simply to find their whereabouts. for me, i locate vehicles for repossession. quite often, they were wrecked and the debtor decided to just leave the car at a body shop or in a ditch and then stop making payments on the loan, but failed to tell the bank where the car was. sometimes the customer passed away and the family did not know what to do with the car. sometimes a family member just thinks "oh, free car!" when their relative dies. and a common one is that someone who does not have the credit for the loan suckers someone else into either cosigning or signing alone for the car and then loaning them the vehicle, which they stop making payments on after a couple years. we actually have a lot of heavy rules and regulations that we have to take classes on multiple times a year. there are certainly shady debt collectors out there, but by far the shadiest thing i do is send a friend request from a profile with a hot girl's picture on it (and never have any communication with them via that account). i do that just so i could potentially see posts that are hidden to the public that might give me a better idea of where they are living or working.
it's a legitimate occupation. my wife once did admin for a skip tracer. but, like a debt collector, the job suits people that are heavily built. you have to bellow "give me the fucking money!!" a lot. job does not suit mild gentle type.
haha, nah it’s much simpler. just get their personal number for some ‘private’ conversations and the next call is from collections. you can start sending them notices on the new number. if you get their whereabouts, the next visit will be from a debt agent who will ask you to settle dues or (depending on what the loan was for) a repo agent. threatening violence is usually not done by financial institutions themselves. once they’ve tried all legal means available, they completely write off the debt and sell it (cents to the dollar) to a collections agency. now those guys can definitely take it to the level you mentioned.
i actually went looking last night. no update.
it isn’t a series, it’s a one-off documentary. unless you get your netflix from wish.
it's excellent. real-life documentary,
you mean it is based and depending on legally questionable practices?
just because it is an occupation, does not mean it is legitimate. most of these debts are from some form of spurious loan interest or penalty. poor people get fucked over regularly by these horrid debt purchasing firms. it is not a legitimate business, in a moral sense.
it's not legal in my country, no bailifs no debt collectors allowed here.
i got a call last month from a furniture company. my ex wife had financed some furniture and used me as a reference. i have not talked to her in over 10 years. i told them to just go ahead and write that money off.
yeah they spoof people's cell numbers...it is not even illegal. i had that crap happen to me and people would call and say i called them. i'd tell them to block my number. as far as "threats", legitimate debt collectors must adhere to the fdcpa (fair debt collection practices) and if they violate it by: not announcing themselves as debt collectors, threatening you with your credit score, harassing your family and things of that nature... they can be sued. i've done this before with one of these companies that buy old debt (the charge offs) and then harass you. i had a company call me over furniture i bought 15 years ago. it was half paid off and they went bankrupt. i was told i'd get my bills in the mail. never did. never went on my credit either. i was not going to chase them down to pay them. fast forward 15 years and i get a call saying i gotta pay something right now even if it is 5 bucks. i said i was not paying nada lol. googled the company and this lawyer came up. called him. he repped me for no cost upfront. they never called again and settled for 2500 bucks. nothing more satisfying than shady debt collectors having to pay you:)
bird is the word!
tldr; the bitcoin community may be planning to loan el salvador . max keiser tweeted that bitcoiners can arrange a "-gap" for el salvador. this comes after the international monetary fund expressed concerns about el salvador making bitcoin legal tender and how the country is at the mercy of the imf. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
the article is about a guy encouraging the bitcoin community to loan el salvador money instead of the imf. coins seem far from transferred.
how beautiful would that be if small countries like that had enough fck-you money to get out of the webs of the imf tarantula.
no mention of the imf can pass me without my mentioning the amazing thievery corporation song about them, appropriately entitled "vampires". [ lies and theft guns and debt life and death imf
fuck the imf and world bank! how do i donate to this? the imf and world bank willingly lent money to dictators in my country knowing that they will just embezzle the funds. millions of dollars lost forever because of corruption and the citizens suffer for it.
imf should buy bitcoin.
volcano bonds. sell us bitcoin mining futures. live debt free.
ugh! why would they take money from the imf when doing this? the imf clearly is in the business of indebting countries to control them. i would encourage anyone to read confessions of an economic hitman. they need to cut ties with the imf at all costs. and the president needs to put out a statement saying he wouldn't kill himself. seriously.
step 1: borrow step 2: buy step 3: switch to bitcoin standard step 4: profit out the ass
the bitcoin community has a vested interest in seeing the el salvador experiment succeed.
el salvador is about to get dose of freedom^tm
imf about to get burned by them lava tokens!
cia-backed civil war incoming?
are we pooling to lend? where do i sign up? how and when will we be repaid? will there be interest payout?
i cannot believe the president of el salvador killed himself.
honestly this is probably going to put el salvador and bitcoin on the geopolitical map. its one thing to have a nation allowing a “gold-like” currency to freely circulate amongst its citizens but its another thing altogether to start issuing bonds yielding btc. el salvador can use the coins its going to be mining to offer real, competitive interest rates on these bonds. the worlds financial institutions are **desperate** for yield, its why we see bubbles in every market including blackrock going out and buying houses this year. el salvador is going to be a fucking alien civilization with how rich they are going to be. their bonds are going to look like a fucking penthouse compared to the dogshit bonds being bought by central banks on the bond market.
if that happens, expect an lsls attack or the president using chemical weapons against his own people out of the blue for some reason... and then a subsequent us intervention for "democracy". it's the same pattern over and over.
funny how the us accuses china of debt trap diplomacy when it is doing the same thing via the imf
if bitcoin is el salvadoran legal tender, does that affect us tax treatment? could this reclassify it as a currency rather than an asset?
so we will basically become salvadors of el salvador - the rescuers...me like it
if bitcoin is going to save el salvador, and indeed the rest of the world, from the imf it won’t be from the top down. it’ll be from the bottom up. ’t save them. financial sovereignty and sound money, the promise of bitcoin, in the hands of the people will save them…and us.
i cannot wait to see el salvador in 10 years 🚀
in b4 "bitcoiners are funding an authoritarian regime" ugh.
oh damn... the us government will be "preserving democracy" there soon. can't mess w the imf👁
how depraved is it for the imf to, predictably, come out and say "oooh no you cannot act like a sovereign state and do that, stop! we own you, you're not allowed to stop being poor or we will have to buy fewer yachts" fuck the fascist imf cabal of economic terrorists. i'll absolutely donate to el salvador's efforts.
the cia really needs to get it is act together creating false flags to smear bitcoin. when does el salvador "gas its own people"? or "hide weapons of mass destruction"? or "interfere in us elections"? or "hack hillary's email server" or "incite an insurrection"? or "vote a senile geriatric into office as the most popular president ever"?
not a bad idea. if china, us or other big banks can do it for their own interest, why not bitcoin community to promote it go for it. i think this is the way!.
>bitcoin community planning to ~~lend~~ **give** el salvador -enslave it from the imf
wow ! fuck the imf.
if this can happen then this will be a stepping stone for a breakout.
also, i just remembered, because of facta reporting -- it would be really really convenient if somehow we're not directly investing in el salvador, but we were somehow investing in something that was inside the united states, but represented an investment in el salvador. like maybe a coinbase volcano bond fund, that could be domiciled in the us but help el salvador.
free el salvador from the imf.
probably only the governor officials will use this money in selfish ways. don't trust it.
i present the bmf
el salvador has never paid back a loan. ever. literally.
invasion incoming! the iron bank will not stand for this sort of financial independence!
hey imf how’s it feel to know you pay some of my salary and i’m gonna buy bitcoin with it bitches
max kaiser could probably easily fund the loan himself
this is a revolution.
will they sign a smart contract? pay back with some of that volcano mining
loan? no we should just gift . we only need 10 bitcoin whales to contribute to charity.
el salvador government bonds for btc. it’s not far off from what other countries do. tokenize it and they’ll easily raise the capital
anyone else feel like this is to early in the game for a legal tender? i mean if you ran a business and had to take bitcoin. what if it drops 15% after sale? i love btc & think its great but i dont think its mature enough for this stage of the game.
maybe salvador is going to experience some 'freedom' soon.
holy shit this is huge (but also has tremendous potential to backfire and cause astronomical damage and fud). get ready for mr toad's wild ride! strap in!!!
imf continue to want control... but time is changing...wake up !!
fck the imf this is huge. major citadel energy coming from el salvador
who exactly is the bitcoin “community”??
can’t wait to get sanctioned and my funds frozen when the white house declares el salvador a state sponsor of terrorism for opposing usd hegemony lol … transparent ledgers *puke*
this would not happen... and if it does it would not be used for what's intended. that guy has made so much noise and he has not even managed to be transparent about the purchases during the pandemic. he even made a law so no investigation can be done on those, are you sure this is the right thing to do instead of just, like, giving us the industrial education and infrastructure? nayib will keep lending more money if he just gets it that easily.
they could also use… defi …...
we want the imf to take our bitcoin poison for want of a better word and become one of us, imf mind will become the bitcoin mind. i'm rambling...
i do not think thta the people on top are going to allow it. but is a pretty good idea specially for small countries chained to other countries desaires
lovely news no one can stop bitcoin...even imf
lend. aint no one getting it back.
' ' and i love this idea lol!
“resource limit reached error 508”. it’s either an insanely popular article or a suspiciously busy one.
please do it. it can be in bond , defi or any other form, as long as it is built on btc and given in btc.
perfect for yield farming.
let's put some defi to work.
lmao imagine thinking a country ran by drug cartels and corrupt politicians would pay back the loan to the "bitcoin community" 🤡
the imf is nasty!
basically cartels vs bank cartels
god i love this revolutionary stuff
terrible idea,buts thanks now i own a town in salvador!!!!!
i wonder if they will get rid of mask mandates once it is out of the imf... no need to follow who bs guidance anymore.
this is the kind of news we want to hear for so long.
and all of the sudden el salvador became a state sponsor of terrorism.
do y'all think having real estate or land in el salvador will be a good thing because of this? asking for a friend.
i am in with nothing less than 50% of my wealth. please post the address here and i will transfer my 20 sats. el salvador deserves.
this has to be one of the biggest and most important peer to peer humanitarian efforts in modern history, i can’t think of anything close to saving a country from the imf
is there anything special about the term "de-enslave"? why not use "liberate"?
i'm sure this subreddit puts me in the minority view, but el salvador's decision has far more to do with corruption and gang proliferation than freedom from the imf. it's possible that this decision will serve to delegitimize bitcoin globally if it serves to just enrich gang leaders. it could also benefit obviously with people with bigger wallets moving there stimulating the economy, but i think that would end with a massive kidnapping industry.
1 billion is not enslavement level debt, its just some shitty gesture. max keiser is a hack that will be forgotten in the shadows of the smart contracts he actively denounced. maximalists are nothing but the simulation of a visionary.
[el salcador national tea spill - crypto twitter spaces](
that's the spirit! we need more of this.
lol, do not need to claim that the defi biz is going down! have you seen how many new deco projects were created for this time? this is awesome. just check nftt and you will understand what i’m talking about. if the product has several audits. it means it is safe, right?
i support the cause. screw the imf!
so they’ll be “enslaved” to the bitcoin community? you have all turned as hyperbolic as the radical political factions.
can someone lend me some bitcoin? i got mouths to feed too.
it would be cool if this happend but the down side it we will see us troops and warcrimes in el salvador if this would happen.
is this really happening?
the imf does not get talked about nearly enough. they're 100x worse than the fed.
this sounds like that episode where mr.burns loses his trillion dollar bill to castro.
people that poor could not afford a single verified transaction. what's the point?
let’s stay positive and build on rather than show arrogance
do you want to get invaded by the united states? because this is how you get invaded by the united states.
why do not we just start a worldwide go fund me type situation and have el salvador put it is bitcoin address up and let everyone from all over the world donate to this cause. it does not have to be a loan. we can fund raise a billion dollars for freedom.
dirt floors, but hey, we accept bitcoin 😎. dude, this is going to make small businesses drop in el salvador all to impose real taxes.
well, looks like el salvador is about to have a revolution they didnt know they wamted
bruh thats a problem easily solvable with aircrafts.and tanks from the northerth countries
sounds like a pretty shitty idea
this sounds like a news title from the onion
i mean if he is setting up bitcoin mining could not he get private loans from like marathon, riot, etc. he could also just get other private investment and not need a loan.
they just made it legal tender so the dictator could steal it
unfortunately crooked politicians will spend most of it
salvador is an open-minded country which will become rich thanks to bitcoin.
k fractionize the country as nft and i'll chip in
1 week later el salvador loses it in a boating accident...
waow would love to see that. this would the start of a new world order.
de-enslave instead of emancipate?
i would donate. talk about borderless money... a community giving ?!
get that man a liquidity pool
headline: el salvador asks imf for money to buy more bitcoin as
if they were to grant permanent residency with a , payable under the same terms as the imf they would likely get the 1000 people they need to do the loan.
this is so interesting because bitcoin is still in very early stages so any bitcoin their civilians hold will only gain in value. i would imagine this would only help families in poverty flourish. knowing my country they would just raise the price of everything lol
fuck the imf and their measly billion dollars loan. this move will make el salvador a world class financial center and will be making trillions. edit: here you go > what about you guys floating “volcano bonds” (backed by future mining output) for el salvador to pay off the imf loan - so they can tell the imf to beat it.
imf can fuck right off!
oh the source is the same max keiser who said he bought a house in el salvador but posted a pic of a house in costa rica & made up the oracle buying rumor. how credible
i don’t think the imf is to blame for any of el salvador’s problems. its problems led it to borrow from the imf and it still hasn’t fixed them. bitcoin can’t magically fix corruption, weak property rights, weak market economies, and a mindset that’s reliant on external help to fix its issues rather than looking internally to fix internally generated problems.
the president will probably steal it
elon and mr.whale are not liking this right now.
i cant even imagine this, i just came back for another comment. this is a world changing event. this needs to happen. fuck the imf lets save these countries. how will el salvador pay? well the fuckin volcanoe mining!! god damn it its happening this is just so incredible lets come together and make it happen!
bitcoin is freedom!! do you see any problem if ei salvador accept it as a legal tender ? it is the first country which paved the path to freedom every normal person will have access to bitcoin(money) i feel this will not be the last country! others will follow...
this mf gonna pocket a billion in bitcoin and buy a damn spaceship. y’all crazy
when the volcano starts mining they will be giving us loans
1 billion dollars even for a tiny ass country like el salvador is nothing lol they’d still be at the mercy of the imf
less "planning to lend" and more "some dude on twitter said that bitcoiners *could* lend them " i'll believe it when i see it lol
stupid ignorant question but what is imf ?
and the bitcoin community thinks they will pay it back, why?
oh this thread won’t age well at all when the netflix documentary comes out about where that money actually went.
keiser is funny, but this is bullshit. loaning any state money is basically encouraging it to squander it.
that is a very stupid idea. just giving money because it sounds good is not how you help a country. but is good advertising for crypto.
'de enslave' seems a bit insensitive to people who were literal slaves but what do i know. imf does a lot of good.
who in the community would want to do that we hodl here.
i thought bitcoin was decentralized?
el salvador is a narco state. it will just end up in the president's pocket like any other aid.
yeah, this is literally fake news based on a max k. tweet.
some ideas you should just keep to yourself. this is one of those ideas.
would you do this for north korea? if you answer no then you should never do it for any country. bitcoin should never be linked to any government. this el salvador thing is going to end in a bad way. you though elon broke your heart. the faith you are putting in this government is frankly embarrassing.
my feeling is this will end badly for el salvador . and when it does they will they will run back to the imf . for all its bad rap imf basically wants countries to correct unstable economic policies. e.g you cannot be paying super generous pensions to public servants when you are basically broke or start large projects which are dubious in nature . there is saying " spread your legs at night only to the limit of the sheet " . basically live within you means .
corrupt country corrupt policies. bitcoin is evil . countries will fall if people just stop paying taxes all system will collapse. need strict regulations.
then what’s going to happen to el salvador after the united states hedge funds get done stealing all of the profits from shorting cryptocurrency?
wow now that, i kinda did not see coming
the best idea i heard in a very very long time… i would donate myself, at least something…
destroy fiat . acquire assets.
this is the decentralized nation of sovereign individuals finally coming to fruition. loving it!
if you were wondering why elizabeth "pocahontas" warren took a sudden interest in spreading bitcoin fud yesterday, here's your answer.
here come the bitcoin wars.
since when, amf is slavery? i am really surprise to see how easy, it is to turn things in the opposit. before getting delusional over things, just read, history of the country.
there's a sucker born every minute, and your time is neigh my friends.
what happens when they don’t pay back the bitcoin?
1 billion loan to el salvador? that's like lending 1 billion to north korea, iran, cuba, o even venezuela. it's a cumimunism country. and that 1 billion dollar wouldn't be spent within the country, it is gonna be spent somewhere else.
so bitcoin is a bit late to the journey safemoon and ada are already in africa...
i’ve seen this before. something something communism we need to free the people. brrr brrr brrr
the article will not load for me, but what do they mean by “de-enslave” el salvador from the imf? the government of el salvador chooses whether or not they participate in international institutions and whether or not they follow the norms of those regimes. that does not mean that the choice is voluntary, only that it is a choice that an administration made and subsequent administrations followed.
who is...the bitcoin community? y'all cannot have my coins. nuh uh. sorry papi, good luck with the authoritarian govt or whatever
el salvador 🇸🇻 should sell bonds and repay in bitcoin mined by volcanic power.
damn! if this is true bitcoin is changing the fuckin world! this is the way tbh, defi movement for countries lets do it man! lets de enslave all countries through bitcoin lending!
server is down. i read this was about some tweet? anybody has a link?
lets fu** imf lets f*** esg policy lets lend more the billions 👍
wow that’s unreal! if this happens i’m moving to el salvador!! viva la revolución con bitcoin!!!
we are? i didn’t get my deal memo.
i think these small countries will thrive greatly being the first to do this and others will follow suite.
fake news : imf to buy 10 billion worth btc to lend it to poor nations.
it was inevitable...here we go...the race between the hare and the snail!
lmao, why would he repay it? who is going to enforce it xd
i'd be happy to donate . where do i send?
so when mk speaks, he speaks for the community, yeah? what he says is bullshit and is only published because he is "famous". ' the keiser is naked!
i love that idea. love it.
i’m sorry but can these headlines sound a little more objective?
max kaiser, i don’t like him.
these things end with wars. world wars started for such things. i hope they know what they are doing.
don’t waste your coin... the government takes takes away all the money and leave the people in the same state.
the impossible mission force?
loan them the money in btc. take the price appreciation overall and have them pay it back in monthly installments. not that hard. 1 billion dollars isn’t that much.
where's the gofundme? i'll donate
is the imf basically one of those predatory payday loan things but on an international scale?
davos will not know that hit them.
that guy will have a predator drone hovering above him.
i still don’t really understand crypto but being from el salvador does this mean that people will finally be able to send money to their families quickly and free from the fees that are involved in the process?
tldr the tldr... my attention span is that short.
oof they’re about to send the imf army
reminder: any money you lend to a country should be treated as a gift, otherwise it could ruin the friendship.
i do not understand shit, but this sounds like a very big move, i wonder what is made of this bitcoin community and how it will produce political devices to deal with the upcoming consequence of this kind of action. legit question, you can dump info if you have some
they could just go to any defi lending protocol and do this tomorrow. hit up a bunch of them and you could probably get enough wrapped bitcoin by tomorrow to run your county. put up all your usd as collateral, get bitcoin in return. wait 10 years.
one billion dollars isn’t very much money when you are talking about country sized budgets.
really but scams and frauds are big danger to bitcoin growth... recently colonial pipeline hack revealed by fbi is the latest mood divertor of investors...
i love this idea. slowly do this with every country until the imf is no more...
i thought the impossible mission force were the good guys.
i mean it’s a bullshit story. but it is possible. and this is why you don’t fucking sell. early adopters may need our help to get out from under central banks’ boots.
bitcoin is playing with fired, we all know crypto will be the way, change will happen but not by putting a target in your back, all it takes is for all the mayor countries in the wild to pull the switch and there bitcoin to 0
message me when it happens.
and here in america the word ‘trillion’ is getting thrown around like a fart in the wind.
stop thinking in usd or euro for assessing btc value if its value rises concerning the payback of an hipothetical loan from btc community to el salvador. any refund should be in btc, reinforcing the notion of an universal currency that replaces the old ones. it’s a full new economic approach, a new evolutionary step to the economics field
el salvador will be known as the first country to accept bitcoin as a legal tender in future when other countries has followed it
it can be in bond , defi or any other form, as long as it is built on btc
i cannot wait to see el salvador's future, i think it will be a world famous country in future
this such a big help! nft tech is also giving artists to be de-slaved from art collectors who are charging them so low. with the smar liquidity engine embedded in nft tech, users can earn up to thousands of anrx compared to other marketplaces
i hope they (crypto community) lend fiat and not bitcoin...
hello guys, how do i buy token before it’s listed on coinmarketcap and coingecko?
curious, would people get some apy back and can withdraw. or is it , you get back the btc inn 50 years ?
i wish elsl the best, but i'm not giving away an btc for this lol
how would the community “lend” bitcoin to a country? not trolling that’s a serious question. i tried going to the link but it looks like the site is down due to heavy volume.
all gvts dictate it is insane that one thinks the freedom of financial aspects is tied to your gvt. disruption mindset chance in play. think think think
liberate, emancipate, or just free. de-enslave ? ffs
one slave master for another.
sounds like a scam
that makes me so pleased! i'm wary about bukele based on what we've heard thus far. this ludicrously stupid comment has gotten a shocking amount of upvotes.
it’s smart cause bitcoin will go up obviously, and when the government use it as a currency they collect it and it gains them more money
“bitcoin community” what a fucking piece of garbage news.
bravo! i support this wholeheartedly! anything to free the world from the us, imf and israel. they are sleeping on the same bed.
i for one, am not lending them a damn thing! but, i do wish them luck with being their own bank now.
if this really happens then this will be the 1st time that bitcoin has actually been used for something positive. i'm not thissing it, i am just skeptical.
bitcoin community unaware of el salvador's history, will give politician's and richest 1% 1 billion dollars. there fixed it.
so if we as community lend them the money how do we get paid back with interest
love this. a new era is coming in guys - fuck the old corrupt scumbags at imf and all international institutions
so a single dude said that people could do this and it got reported as being a plan in full swing?
so what happens when they default on the loan? back to square one.
loaning 1 billion to a dictator might not be the best idea. like, it is great if you do not count on getting your money back.
this is a terrible idea. this countries are poor and have socialist governments that need debt to keep the corruption going (aka social services where politicians keep a big part). if corruption is not financed, you will have mass revolts, ransacking, union strikes, etc. and the country collapses. the imf has been keeping this governments alive by lending them. that has to stop, government must reduce size to a level the population can paid. this is very unpopular and enrages socialists, but there is no other way, there is no money! if bitcoiners finance this, no reform will be made, the government will keep malinvesting and will run to the imf eventually again for more when the money runs out. this is the history of countries like argentina.
would it perhaps be more helpful to agree to a ? each time that a packet is put to the use that el salvador promised that they would spend it on, then they qualify for the next packet. and not just the start of a project such as a hospital, school or power station, but when the project is completed and the expenditures are accounted for.
would it be payed back in btc or usd? if payed back in btc and bitcoin goes up significantly it would be hard to pay back.
as someone who works in capital markets i have no idea how this proposal would work. are people supposed to liquidate the coins and move ? are they going to arrange a special purpose vehicle to use the coins as collateral against a 1b loan (none of the major banks would take on this business)? how would interest be determined, especially in the face of an asset rapidly increasing in value? ie if they give 26,000 btc today at a value of 1b and btc goes to ,000 btc (1.3b) interesting concept but there is no way this is actually feasible in reality
bullshit. a guy on twitter clearly speaks for the whole bitcoin community, everybody knows that. actually, i think this guy may be satoshi himself.
well, i'll send a sat or two. 😝
this is how people change the world... scare the shit out of the system designed to keep people poor!! create and build opportunities everywhere. africa for example, an entire continent practically by the balls to imf and gang. ... leaders dont invest in education, because if the people were more educated, they wouldn't vote for them any more. they build themselves fancy mansions and live like a king, while their people literally drink shit water and die from cholera. no one needs to not have fresh water, a roof over their head, education and food, medical care... we can afford for everyone to not die in childhood from hunger or some bullshit thisease but yet, we wont do it. sickening.
most small countries at multiple points have had enough money. the systems in place though is not enough to lift them out of poverty.
you think imf and world bank will sit back and let that happen peacefully? coca cola used private mercenaries to kill union organizers in central america, the imf will do thousands of times worse to stop this
what happens when this money is used to finance the lifestyle of the wealthiest citizens in the country? * i am sure no news organisation will be pouncing on that sort of news to thiscredit the entire cryptocurrency movement. *something like this has never happened before even with fiat money.
tarantulas do not really spin webs to catch prey.
like they’d let them. get ready for some reason to invade, coming to a small break way country near you
libya tried - we invaded and supported al-qaida rebels to kill their leader. predicting an attack or crisis of some kind in el salvador in 5...4...3...2...
wow did not know this, thanks!
this is called odious debt
or even mining environmental credits!
excellent read. highly recommended.
yes! i’ve read it. great points
> why would they take money from the imf when doing this? it's ironic that you mention the book confessions of an economic hitman, which explains exactly why they take this money, they are not given a choice.
because making bitcoin legal tender doesnt magically solve all your existing funding problems?
everyone that lends money does it for some type of personal gain including the guy suggesting we all loan money to el salvador.
exactly the book i thought of when i read this.
>the imf clearly is in the business of indebting countries to control them. buys up land, businesses, natural resources. then installs a puppet government via election interference, or an outright military coup.
this all sounds like conspiracy theory material on the first sight, but i have almost no knowledge on the macro economic level, so i cannot really judge it
a billion dollars is probably enough for the el salvador government people to have it made in the shade. why wouldnt they take such a deal? they are not even on the hook for it themselves. the future politicians etc. are.
where do you guys think they are gonna get their money than. people who criticize the imf never have any solutions
imf was created to give poorer countries loans with less interest than what you'd normally give them, the alternative is to have competent presidents that do not lead you to rampant crisis and corruption
agreed….but the leadership of those countries are more interested in making a quick buck for their 1%. i don’t know the history of the imf. i’m betting it was started with good intentions, but got corrupted over time, into the state in which it is today. it’s time for a different solution. a crowd-funded one, if necessary.
this is how we win
wouldn’t be the first time
i just hope we get to buy some cheap coke in the process
i share your concerns and hope that many other countries will follow suit quickly. that would stretch the cia at least a bit thin. if three countries follow el salvador's lead before something tragic is happening to nayib bukele, they cannot just bring tragedy to three more presidents. the pattern would be too obvious to not cause an out-cry.
> move in silence like lasagna genius lyrics
we'll see if other countries follow suit. revolt against the world bank might happen.
people seem to think the cia is the same as it was decades ago. if they make a move it won’t be as public as inciting a civil war or assassinating a leader. it will be much more subtle and won’t create large amounts of sympathy for el salvador’s government.
depends on whether deposing el salvador’s government (and all those to follow) will cost more than simply inducing a crash in btc. especially with all the seized btc in government control
that was the method of 70s, if he dies he will become a hero making btc more "famous", more countries will join. there are subtle and more powerful methods now than killing the leader of a movement.
the simulation has a sense of humor. the nation adopting bitcoin is literally called “the savior”.
i am laughing at what you are saying because it makes sense! good thought!
airplane crashing is also an option
governments do not like competition
the imf is anti human.
american like most of it is actions, outsourcing the dirty work.
us is number 1 at everything, of course we have been doing this better than china for the last 70 years.
the imf was established in 1944 in the aftermath of the great depression of the 1930s. 44 founding member countries sought to build a framework for international economic cooperation. today, its membership embraces 190 countries, with staff drawn from 150 nations. the imf is governed by and accountable to those 190 countries that make up its near-global membership. you see the difference, right?
yes, it does. now capital gains with bitcoin up to .
need to get the economy rockin on bitcoin that would make for strong and independant i wonder if consumption based tax system would work or be helpful and the no cap gains tax or property tax makes it a lucrative place to go the violent history is a concern but seems to be getting sorted out also bitcoins hard money may help too as its money that cant be debased so its very worth it to earn it
gonna be off the chain!
mee too! fuck the imf and their measly billion dollars loan. this move will make el salvador a world class financial center and will be making trillions. edit: here you go > what about you guys floating “volcano bonds” (backed by future mining output) for el salvador to pay off the imf loan - so they can tell the imf to beat it.
that username is legendary.
i condemn the genocide of the el salvadoran yogurts.
bit related to your first one there
oh just wait for it. it's coming. freedom and democracy, you know.
they need to let plebs participate instead of just keeping it in a rich boys club like blockstream mining
yes, but he is not a charitable guy
imf has control. they don’t want to lose it.
anyone that owns bitcoin 🤷‍♂️
community is the most overused word in the past 10 years. i read a book that rants about this. a community is a group of people who know each other, each other’s families, can hold each other accountable, they are very close. when the word community is used these days, it should be replaced with network. a network is a group of people connected by a common thing, but the people in a network don’t have intimate ties like an actual community.
this can be done with bitcoin sidechains. :)
he also called for an all time high during the miami ~~cokefest~~ *conference*, which was ridiculous.
maybe we can make a second or third layer solution on bitcoin to track property the second layer would be a system to track longitude- and point to which third layer solutions exist that cover that area of the earth, to point you to their record keeping. so the second layer would map over the world, and you'd find an area like taiwan, and both mainland china ccp, and the local govt of taiwan would claim it, and each would have at 3rd layer, some kind of court records we could point to, hash forever at that third layer, and be done. so when people buy or sell property we could have them hash and publish that to a specialized blockchain or database for their area. obviously in some places its just going to be a database entry, but we could hash the valid one as of the date, and if you want to believe those records, that is good. that would be my vision for how we could start to represent land ownership and land rights globally.
don't worry, it is not going to happen. it's just max trying to get back into the headlines.
hodling w*and* contributing to a good cause (of expanding the cause). i'm quite sure they can find some btc backers to lend them some coin.
it is, but the whales have lots more than you and me. the key is to find out about new tech early.
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there are fees in involved with sending btc around but it is not much and does not (or should not) take days
it's only theoretical right now. but the idea is to have bitcoin folks put their btc into a pool which is lended to el salvador in place of el salvador going to the imf for the money. the btc folks would temporarily lose custody of their coin, but get a little more than they put in a few years down the road.
even for el salvador?? it’s pretty small
english... do you speak it?
wtf? you trying to buy some satoshis? you can get ~2,700 satoshis for just !! 1 satoshi will definitely be worth .
i wonder if there could be a collateral mechanism here. some way for the lenders to hedge their bets. it's an interesting idea and someone mentioned el salvador putting up some kind of nft for the deal. i'm sure smart people could figure this out
their success will be interest enough. that will cause the next 10x ath.
yes. they call that "journalism". i do not, but i hear that some people do.
maybe he could mint el salvador as an nft, then put it up as a collateralised loan. if he defaults, then we own a country and can install max keiser as president for life. 😛
imf won’t give them the money because of the btc legal tender. so this option would be the only viable solution
absolutely fuck all. donating money to a shady government. lol.
they’ve already said 150m is just the beginning
it seems like large loans to unstable countries cause civil wars(us does it all the time) bc they fight over who has power of the money. i'm happy about the adoption but would be cautious. developing energy technologies or infrastructure to help the general population use btc on a daily basis would be a better use of funds.
man, i am from argentina, default is a joke if you got bitcoins
they are just switching creditors... makes no sense. look how many times bitcoin has halved in value...
>so what happens when they default on the loan? back to square one why "when" not "if" how can you be so certain?
it will be backed by mining output from the volcano mines he is building.
why not make it a smart contract?
the land is collateral?
they can put the rights to their natural resources as collateral in the smart contract. we are the imf now.
i think the bitcoin community should negotiate what happens in case of different default scenarios, and also structure the loan so that performance and reforms are measured as the money is made available (it should not all be made available at once). that is, el salvador's past defaults, and the events. are some of the bad actors in the government known (people or institutions)? what levers of influence did they use to defraud the country? identify those and they set conditions on how they should be neutralized.
he's not a dictator. he won the election fare and square in a landslide victory.
he’s a great president though from what i understand. and sincere
he's popular in his country. he seems to really want to improve the country. you might not like it but strong men can get shit done.
you miss 100% of the shots you do not take
yeah this will make “the bitcoin community” more like the imf, and it won’t particularly solve anything in el salvador.
wow, this ridiculously dumb comment got an embarrassing number of upvotes
the real dictator is the imf, think about that for a while
“tell me your an ignorant american without telling me you are an ignorant american” not everybody is a dictator buddy. better brush up on international politics.
even if this were true, the idea that dictator=evil is silly... i'll take a dictator that wants what's best for his people over a puppet owned by big money any day.
by dictator you mean trump
don't do it. also, imf was about to lend money to this dictator
america does it all the time with varying degrees of success...
you are a loser
hang on - but the imf would have gladly done so if it were not for bitcoin being legal tender there?
the imf have previously and were going to again.
where did you get that the president of el salvador was a dictator? check your sources. please!
which one of your parents was a politician for the country? lol!
wait, who’s saying nayib is a dictator? i know there are critics within the country, but are people legit saying this?
max keiser and the maximalist band just looking to trend, literally all i can see here.
"it's great if you do not count on getting your money back." = what every friend and family member told me when i bought bitcoin. ;-)
people need to stop throwing around the word dictator so easily. one can be authoritarian sure, but if you won elections and are bound to the constitution, it is not a dictatorship.
dictator?? what are you talking about? el salvador it is a republic, they vote for their president!!
in other news, a us navy seal has issued death threats against an unidentified kiddo. more at 6.
wouldn't be surprised if max keizer had enough stack to back a billon dollar load to el salvador, he was one of the 1st ones in to bitcoin when it was selling for pennies.
but btc is making me poor :(
you know what's funny? i watched that thing where bill gates was "solving" this big "problem" in some country. kids were swimming in this shit water that you describe. anyway, it was about trying to figure out a solution to water purifying. they built some sort of one-of-kind water purifying building to give them drinking water. the entire time i'm like all they need is some plumbers, engineers and a modern plumbing system. why is this so hard? gates held competitions. total joke. it was a game to him and his cronies. what's worse is that the documentary made him look like some sort of fucking hero. all he did was create a society dependent on his go-go-gadget purifying station. joke.
— that is if the new govern community that decentralized world will vote in, learn from history and for once change the course of evolution to better ending...
i can hear the imperialist coup boner already.
could you explain what you mean by that? why would anything suddenly change because of btc? people of el salvador would still need a job to earn money. not any job, but a job that pays enough. why would mass unemployment and a general bad economy change with btc? please explain? i do not understand your optimism.
no. =war like we've never seen before. these people have killed millions the last 100 years in order to gain total control. the crypto community needs to stop thinking this will be easy or peaceful. these are the most powerful organizations on the planet.
— how is it global prosperity when majority of above 65 have never even understood how internet works let alone what is crypto and why is it good to invest? i bet my lifesaving, and i don’t have much, that there is big percentage of people that don’t even anything to invest or get thousands of bitcoin. the hopium is quite irrelevant thought i truly understand the reason behind it.
seems less about having money in the country and more about who has access to that money. which is where crypto and decentralized lending could come in.
international monetary fund. the pawnbroker and loan shark for developing nations. think stewie beating up brian.
international mafia family. they lend money to poor countries and then seize their resources when they don’t pay. a lot of times the money is squandered or hoarded by a small group of corrupt people within the country.
read ‘confessions of an economic hitman’ it’s a pretty quick read, interesting, infuriating, and you will understand imf, world bank and some usa foreign policy in a non-boring way.
international monetary fund. it is the last resource for countries that need to borrow money but are completely messed up that no one wants to lend them money. argentina is known for not paying it is interests in time and also a very messed up country financially... they are one of the biggest client of imf.
essentially the federal reserve for the entire planet.
christine lagarde is an og. but corrupt. lol.
the largest scale loan sharks.
international mofia family. oops i meant international monetary fund 😂
you see this here, is the problem. not a slight at the poster, more the complete lack of education of the people. one of the first thing young people should be taught in school is how the world really works. who is beholden to whom. they should also read the creature from jekyll island and the fourth turning.
yeah most countries are super poor because of corruption at the top. sending them money probably is not going to help.
yes let us just ignore that country is run by corrupt dictator and pretend imf is the only reason el salvador is fucked
pay the interest on their existing debt and hodl for ten years. job done.
of course not. but dealing with the imf guarentees you will have big problems.
clearly none of these people know anything about el salvador’s economy lol
there is a pretty big sample sign of latin american countries who have dealt with the imf and look at them. if you dig the info is there.
if you had read the book or knew how the imf does things you wouldn't say that.
the post literally is providing a solution.
over my head. explanation needed.
there is a strange religious quality to so much of the lore surrounding bitcoin, it is honestly very peculiar...i think it just speaks to how monumental and world changing of a technology it is though, that we find these parallels; bitcoin transcends practical day-to-day thinking.
"we tried to warn the inhabitants, but they could not speak the people's language, spanish"
let me tell you one thing, the original name of el salvador was cuzcatlan, the land of precious jewels.
they sell their bonds on the open market like any other country. michael saylor has almost , bitcoin investors can easily buy this nations debt if el salvador is willing to sell it.
lol ok bro, we’ll see how it plays out.
gonna be on the chain!
i love his name. kinda inspiring tbh
hilarious if the greeks suddenly announced that they are 75% of the whales of bitcoin. entirely hid assets from their government.
i understand that btc will most likely go up in the long run. but as a business especially in el salvador can they take the swings?
max keiser is a cancer in the bitcoin community
hey but surveillance let them catch the colonial pipeline hacker affiliates! they found something like 70 bitcoin that way, cool! they still cannot find , cannot seem to rustle up a couple of auditors for that, but hey they found ???? literally the missing money at the pentagon is almost 2 million times bigger loss and they literally cannot be fucked to bother.
surveillance is not the only piece of the puzzle, tho. rehypothication thru fractional reserve lending has been and still is the name of the game... at least until btc actually takes over.
you are right. i looked it up and their expected budget for the year was cut from 1.6 to 1.4 billion dollars. i suppose that is a lot for them.
the salvadoran congress already passed the law making btc legal tender.
if you're going to lend money to a south american state with a leader who uses soldiers for politics, you gonna have a bad time.
this needs to be a blackmirror episode lol. *crypto community fucks around and buys a country* alternate title; *all your country are belong to us now*
this comment is both genius and hilariously ridiculous at the same time.
i hope you can lend less than a whole bitcoin. i want a piece 😫😫😫😫
🤣😂 i love it, tokenize el salvador.
>if he defaults, then we own a country this is the "freedom" they were talking about.
you can’t own something that’s already owned by the us. read up on the history of el salvador. it’s a guinea pig country… it’s all a show.
now we’re right back to the imf
well that is exactly what the world bank dose and why it owns so many third world countries. if its good enough for them.
huh? ofc they would. bitcoin is not their only currency.
that does not answer the question at all
yeah this is just stupid.
shady? there's more transparency in bitcoin than all other us dollar backed governments combined.
i think they have the most transparent government right now
we default for breakfast and rearrange payments by dinner
or doubled... pay off your debts when it does.
dictator = not chosen by america.
anyone we do not like is a dictator
ok i can’t tell if you’re being sarcastic or not cause i have zero knowledge of the history or politics of el salvador.
dictators can be fairly elected. what makes a dictator is having absolute power in the executive. bukele has been centralizing a lot of power.
he looks like a douchebag tho, pretty sure all his government are corrupts. don’t forget el savador has the highest criminal rate in the world
true, but corruption is a huge problem in el salvador... this money is going to buy yachts for the elite.
he only got 25% of the salvaderean people votes... most of them did not want to go out and vote. from the moves he has been making, he is a dictator.
a dictator that won democratic elections and gives financial sovereignty and property rights to the citizens.
hitler won his election too you clown.
how is he a dictator?
so did hitler. im sorry.
you need to rule with a fair but iron fist when there are thugs (gangs) around trying to control your territory and impose taxes on citizens.
land slide with real land.
so did hitler dude. hell even north korea is a constitutional republic.
just like kim jong-un who gets 100% of the vote!!
i heard he made bitcoin a legal tender
a wise and intelligent president is what a country needs to become great and famous
it's better than the alternative.
but unlike the imf the bitcoin community can’t print as much bitcoin as they want out of thin air
the imf as a concept, a central bank that can provide stability to countries that need an emergency lending solution and will accept some outside advice in order to improve their economic future, is a good one. the imf as an organization is mediocre at best, but a replacement in the crypto space is not a bad idea at all.
how did you even know that?
i like how even in a topic about an unrelated to america at all, people still bring it back to hating trump. like can we not just have a talk about a country other than america and leave it at that?
this works in a joking context, but not when you're comparing to actual authoritarian-esque government
in your case we mean mental illness
biden's the one that took power without being elected.
just hold to it. i bought in 2017 at the top around 16k$. i am so happy i did not sell! this is a big thing. dont get out of it. let time be on your side! the chances of winning is very very big. if you can afford, then buy the dips. every week or month a little bit of btc. you will not get such an opportunity in your lifetime anymore!
buy the dips! 😂
then you're doing it wrong.
i feel you man, maybe the bitcoin community can ~~lend~~ give us some? lol
btc is making you rich, you need to just hodl
stop cashing out my friend
zoom out brother. and close yr laptop.
btc making you poor because you’re dumping all that usd into it?
start small with it then. i had the same fear. literally -20 a week since 2019, when it was at . i’ve better than doubled my money since then. i’m doing the same with meme stocks. -30 at a time, with a maximum of . that’s my limit at the moment. so far, it’s been profitable, even with the dips.
looks like some country needs *freedom and democracy*™
you cant really expect an adequate explanation to that in a few sentences here on reddit. i'd just suggest you to look into the fractional banking system, economic hit men, inflation and seniorage, debt slavery, petro dollar violence, amongst other issues. bitcoin fixes all these, not suddenly like you mentioned, but fairly quickly.
war with who? invade what? who's going to attack? sounds like you're hella scared, and i get that, but grow the fuck up now, its time.
yes it super sucks when one group takes the imf money and squanders or embezzles it, and then the next (honest) government has to come in and pull austerity and pay the loan back. it's just completely ass. the country would be honestly better off without the loans, it should be criminal to loan countries money. either give it as a gift or do not bother.
i just re-read this. there is a new version with 15 more chapters. it goes along with how to hide an empire and dark money. not to mention open viens of latin america.
it is fun to study argentina, because it is completely absurd financially speaking. more about argentina debt:
og lizard person maybe
at a certain scale loan sharks are just called banks
el salvador is corrupt. thats the reason they are wanting to move to bitcoin as a legal currency there so that they can avoid sanctions and rules imposed on them by the international community and the imf. i am going to laugh at anyone who 'donates' to a foreign countries govt in a commodity that they have no legal way of getting back when the govt just decides not to repay.
corrupt dictator? are you talking about nayib bukele? do you know anything about el salvador?
lol. let me guess, you're a butthurt arenero or from fmln.
central america. a subdivision of north america.
yes especially if your borrowing rates skyrocket on percieved risk
that debatable. if this was sent a month ago el salvador would have lost 500. i don’t see how that better than imf
the g in lasagna is not pronounced i.e. it is silent. like the k in know.
to touch on this topic, the laser eyes are strange imho. they look demonic which i never cared for. so there is already a “savior” and a “demon” represented in this technology. interesting indeed.
[back on the chain gang](
only when you need to settle those lightning channels ;)
2022 greeks new world superpower i believe it
if btc is their currency it will appear stable to the locals. only the foreign exchange will fluctuate.
my tinfoil hot take on this whole move by el salvador is it was pushed by organized crime to make laundering money easier. thinking that a billion
the gang becomes crypto entrepreneurs. an episode of always sunny in philadelphia 🤣
"not your keys, not your country!" 😂
ummm - it was a joke?
yeah because there is never criminal activity paid for in btc... nevverrrrr. lmao.
[their president led a parliamentarian move to fire the attorney general and multiple supreme court judges of el salvador, which has been characterized as a self-coup and sparked fears of democratic backsliding and a power-grab.]( dunno man, this is pretty shady shit.
so pay off your bitcoin debt with... bitcoin?
dick tater. we’re just mispronouncing his name
american propaganda is surprisingly successful. when you press them on what they mean by dictator they are like, but he kills people. umm, name a us president that did not kill people. i'll wait. well but he steals from the people umm, why are we ever speaking like this? unless he is done worse than the american presidents he is not terrible lol
or hitler, or both.
undermining the power of the legislative branch and trying to abolish term limits is dictatorial, yes
more like anyone who rules by sending soldiers to the general assembly to “encourage” the passage of a bill that would unseat that legislative assembly, is a dictator. lol this sub would hype up hitler if hitler was pro btc.
el salvador has been a country that has never been able to rebuild after the civil war of the 70s and 80s. a war backed by the us and the salvadoran leaders being trained at the school of the americas, look that awful place up. it's is considered one of, if not the bloodiest war in latin american history. every new president has embezzled money from the country, the gangs are in charge, and can shut down an entire town whenever they want. then comes bukele, starts building houses, fixing schools, and has a hard stance with the gangs. el salvador has now had days without out a single homicide, that for decades, has been unheard of. the salvadoran people love him, the us does not. it scares me that the us will start finding some reason to now invade el salvador, cause problems, because bukele has decided not to bow down to the us. i believe he is the first president who could really make a positive difference in the lives of people who have suffered so much. there is a campaign against him. the us is not happy is this man is able to make a roadmap to not live under the us's thumb.
he is very popular and he has also done quite a few autocratic things undermining the separation of powers and the idea of a government that is run by the legislature. historically, that type of leader has not been beneficial to the people, but there is some chance he is truly acting for the people and just clearing out an obviously corrupt government. i would say maybe 10% chance this all goes well, but in any case i think it is good for bitcoin.
i'm not. it's true. and they have got ambitious plans aside from this to grow the nation as a whole. inspiring stuff. i only 'know' because of someone from el salvador posted in. wish i tagged his hook now.
the real test if he can be voted out after his period. a good indicator is also when they change the rules about maximum terms.
the us has been centralizing a lot of power for decades, and fucking up most developing nations in the process…
yeah whatever man... just passing along.
what's your point? el salvador is going to fascist rule? america if anywhere is closer to that. wtf dude.
maybe those actions were necessary. uraguay... yup, you guys could do with a shake out too. for the better.
i have heard that the bird is the word.
neither can the imf. wtf you on about? the imf is not a central bank. it cannot print money. it can only lend what it has in its balance sheet.
i take your point in part, but the comparison point (in my mind) isn’t mediocre imf vs high performing imf, its mediocre imf vs no organization like the imf. given the political constraints of a mission like the imf, i’m not sure a much better imf is realistically possible. and i’m skeptical the bitcoin community can do it better. to argue the other side, international institutions can be super stale and new solutions would be really rarely get tried. if bitcoin is the way we try new ideas and paradigms, it might be worth it. fun to think through things on reddit
he consulted his ass
literally everyone in the world knows this, but the mentally ill will still push back against it.
don't worry presidents we're also sworn in on 3, 4, 4, 4, 4, 7, 8, 8, 9, 9, 11. you've got all year to dream. looking forward to the justification of why trump is waiting until the date lbj was sworn in to take office. "like trump, johnson's presidency took place during a healthy economy, with steady growth and low unemployment. it's the last ... ahem... best date for the president to spring into action and show you he is been president all along. can't you see he is kept spending all his time at mara lago playing golf, nothing changed at all."
i do not know how much longer this sale is going to hold out. get'em while supplies last!
you mean i'm not supposed to toptick at 10x leverage from my credit card?
hot take btc already made me rich, but now its eatting my money.
nope i hold a lot of coins that are making me poor atm
oh it was a joke i started in btc around 10 years ago
i literally just said that!!! don't f with imf.
"we came, we saw, he died! cackle cackle cackle" -killiary klepto-n
scared? i've personally been to war twice. grow up? i'm rich now. i profit no matter what happens. you need to stop thinking this will be peaceful. all wars are bankers wars. grow up and open your eyes.
wel then, perhaps it would be best to label the imf as the global face of the federal reserve? they're certainly connected, as all fractional lending central banks are connected.
yes. a little bit louder for those in the back
this is a crypto sub, nobody knows anything about el salvador here.
it's the same reason why you do not take an adjustable rate mortgage. they are designed to go up.
well the btc could be immediately converted to dollars which avoids that. also we are not trying to pick leaders, funnel money to corporations that does not help the country or dictate policy for the country.
because the bonds are backed by bitcoin, which has value. if i loan them 1 btc and they sell me a bond that yields 6% in 10 years, its free money because i know they can produce the btc because they have the volcano miners its not a credit risk. not to mention that btc appreciates in price so i will get the price appreciation later + the interest
sure would not be the last, either. but does not change the fact that there will *never* be more than 21 million btc.
3.5 percent of criminals use crypto for transactions... criminals use 5 percent of cash for the same thing which is virtually untraceable... hmmm??
i could see frank going all in and starting his own shitcoin, e.g. wolfcoin
they did do the paddy’s bucks scheme to make a self sustaining economy to keep the money moving
i understand it was a joke. that’s not the point of my comment. extrapolate my comment into the history and how the country is run. someone here posted a great summary. we’re celebrating someone because they accept bitcoin but thisregard the fact they approach their country with selective genocide.
they can start their own currency. by using btc as legal tender they have enslaved themselves to elon's tweets.
difference is bitcoin always leaves a track, but not the dollar.
or, he is trying to clean up existing shady s**t? could it be this media coverage is pushed because he is allowing competiton to the almighty $? tough to tell with the limited information available, but yeah, this could turn out good for crypto, or very bad. scary.
i think that is one the other good things happening in that country. the justice system was so corrupted that'll make anyone sick! you've to get rid of corruption at all levels to keep democracy otherwise democracy is only a cover up!
correction: if not chosen by the united states of america = dictator.
a good amount of americans i speak to online just assume my country (australia) has a fantastic, well run, perfect government. i have absolutely no clue where that idea even comes from given you do not hear very many positives about politicians in australia so i'm left with assuming american media is very pro aussie government.
i’m not very educated on this but i’ve heard some of his dictator-like qualities include sending soldiers into legislative sessions, banning reporters from press conferences, & seeking to remove term limits. but you’re right that a lot of the stuff he gets slack for like the prisoner abuse is no different than many other western govs (see us southern border).
many people think that germany has socialism too.
have you considered saluting the flag while chanting the pledge of allegance maybe thatll help you think straight
the success of american propoganda is not as surprising as you may think. we are very stupid
these things are a-ok now
>american propaganda is surprisingly successful. yep esp the american propaganda that asserts that there is no such thing as american propaganda!
should it not be a goal to be better not just better then worst
you have some incredibly shit standards if you say "ah yeah well someone else did it anyways!"
hitler killed people. hitler also stole from jewish people. every u.s president is just like hitler... lol imagine if the whole world was as simple as you and the hundred or so people that updooted ya.
trump did not kill people.
definitely both and mao too but only on wednesdays and saturday between 5 and 8 in the evening
shuuuuttt uuuuuuppppp. god you're annoying
unfortunately the u.s attempts to destroy every country that decides to not live under its thumb. whether that is because of a different economic system, political system, or religious system. the u.s. and its allies will sanction and. then once the country is destroyed all that will be remembered is the propaganda that the u.s. spread about the destroyed country. it's happened on every single continent and even worse in latin america.
i’m really happy to hear that! from the news we get, i’m kind of leery of bukele. but this is a big step he’s taking and could mean a lot for el salvador and everybody that believes in crypto. i really hope this works out and he doesn’t go down the path of a tinpot dictator.
the entire history of latam bows down to operation condor, a cia-backed program to impose us puppet dictatorships in the name of fighting communism. its consequences are still felt to this day
and the u.s. is now so exposed in the moral corruption field they have to think like grown ups to fuck it up for them. enter imf and blackrock to invent new acronym esg (energy somthin...) to make it illegal. wont work i hope. edit: not blackrock- goldman sachs, blackrock is up to it is own nefarious shit.
10% is a very optimistic view.
it makes things interesting for bitcoin but if he just runs with the money it would not solve anything
legislatures have a pretty awful track record as well.
first president to care. my family is from el salvador. every president is known to be a crook but bukele is the first to make a difference, to advocate for the poor and actually mean it, not just words, but actions. it's infuriating that since this way of governing does not line up with their views and interest.
yes. it would obviously also be a terrible idea to loan a billion dollars to the potus. are you trying to thisagree with something here?
thats whataboutism and doesnt change the facts about el salvador.
[bukele led a parliamentarian move to fire the attorney general and multiple supreme court judges of el salvador, which has been characterized as a self-coup and sparked fears of democratic backsliding and a power-grab.](
well everyone has heard that the bird is the word!
i heard they might be getting a billion dollar loan from the bitcoin community
if i had the money to buy one whole bitcoin on a whim, i personally wouldn't be on the internet much.
you have introduced me to toptick. holup,,,,investing my kids college funds in this "github" thing
your username is giving it away. i would personally advise against shitcoins because in the long run they will not be making you any richer.
no, fuck with them. fuck with them like never before.
ok captain rich warrior, then put your boots on and show some got dam bravery up in here.
you are aware that interest rates have been consistently falling for the last 3 decades, right?
difference between petty criminals and organized crime though. that stat is also current state. crypto is still in it is infancy and the more it transitions to mainstream the higher that percentage is gonna go. if organized crime is aiming to get ahead of that trend, this is a good move for them. that being said, as i stated, this is my tinfoil hot take. there are more reasons than not for this to be legitimate, but there are still enough reasons for for it to be illicit that i'd not just take it for granted.
i am a crypto fan but this point could not be overlooked. even though cash too is untraceable, it is way more difficult to manage whereas an untraceable digital asset can be transferred in a snap. i like to think it this way that the original purpose of money was never meant for traceability. traceability of money evolved with the banking. (not sure about this though) cryptos give people power without thistinguishing who the person is. this is boon as well as sin. it really leaves it to the people how they want to use the asset.
yeah, that is actually better than crowcoin.
this is excellent. or eggcoin
and elon tweets are tied to us gov ...so same trap
the dollar does as soon as it is banked.
unilaterally fucking with a judicial system? lol. did you say the same thing when trump started making shady moved with the us judicial system? el salvador chose to use dollars because of its stability. now going for something with 50% monthly swings in value? fucking lmao.
heheh a bit off topic but one of my favorite youtube channels is thejuicemedia like this one on puerto rico:
canada too. it’s insanely corrupt.
it's because we have some free healthcare, (though the liberals just got caught trying to sneak through a bunch of messed up cuts to it while people were thistracted). still our healthcare must sound like a magical unicorn to usa citizens.
rhymes with mupert rurdoch.
americans love assuming that every other developed country’s government is amazing and our government is total and utter shit. it’s this weird non-nuanced anti-american sentiment that’s “in” in pop culture now. not to suggest america is perfect, or even really excellent by many measurements, but the whole “throw it all in the trash” vibe blows my mind.
american media is very pro leftist, authoritarian government. like all mainstream media.
of course they are pro aussie government, australia is a u.s puppet
scomo is a daft cunt
murdoch is australian, that is why. makes sense he wants to portray everything as being fine while he tries to run both countries into the ground through right wing propaganda powerhouses.
it's cause the aussie accent sounds so refined. and moreso because americans are self-absorbed and do not care about other country's. sadly
i heard about the shenanigans going on with your power grids, seemed like some enron level shit! seems like it is improving though? and yeah our media is definitely very left-leaning, so they tend to push stories that fit the narrative that we need more (insert topic), because country x has this, and they do not do y as much so it must be good for the country, but only when it fits in with some hot-button issue that they know will stir up ratings. plus half the country does not really know the rest of the world exists, this became apparent when living abroad and watching bbc news, it was shocking to see how much crazy-president may have had his pants on backwards, or joe biden tripped climbing a flight of stairs... facepalm
the world governments are all mostly corrupt. there are a few that are not. it’s very few. america is one of the worst... hands down.
"white country well run" i'll save you the trouble of wondering where that comes from.
suppose it is because people generally are not exposed to the behaviour of the aussie government, as it is pretty far away from everywhere. i always thought the uk govt was a shitshow, but 2 years in aus showed me what a real kindergarten level government looks like. "national sorry day" was one of the cringiest events i experienced; a real [alan partridge]( feel to it. you really wonder how they come up with the stuff most of the time.
it’s because australia is seen as being anglo white
i can tell you from spain that australia looks like a chill place (but for the cangaroos xd)
sorry auz . you guys have similar regimes to the us. golden days might be over after orange but... thank morrison for the bear. (nz).
americans love australia. could be the whole quantas bear thing from ages ago.
it probably has something to do with the standard of living or quality of life rankings... i make fun of my australian friends all the time because as an american im told we are supposed to be number 1 in every thing but when i look it up we are not even above 30ish in most things. here is a for instance australian workers gain 3x more wealth for their labor than american's what the fuck happened to being number one?!?!?!?!?!?!? ' i am also aware that the political system is not that great its kinda like a mini america and that there are still problem's with home affordability and many other issues but its a huge step up from what we got going on here imo.
it's all relative i suppose.
they are very pro australia, i am too. should i not be? fuck.
texan here. all i see is pretty pro-austrailia. i mean, yall gotta keep china in check. so why talk shit about aussies? they also are always near death from the plethora of deadly insects, animals and heat down there. canadians are weak but kind and fight to keep the snow north of the border. and justin is very handsome. germans and french are snooty but will play ball in a pinch. british have bad teeth and donald trump with an accent. all of this comes with an , but are the stereotypes i've been sold.
well, half of them also thought that trump did a great job, soooo...
yeah, to put it in perspective, meanwhile the previous us president ordered his supporters to raid the capitol and it ended in blood. he also banned certain reporters and. he still refuses to this day to admit his defeat in the last election... and did literally nothing to help the largest population of prisoners in the world (at the highest rate of incarceration too) during his mandate, also letting a lot of them die of covid in this giant mess of a privatized and subsidized prison system. this supposed model of democracy has not much to teach to other countries. especially when their other method to spread democracy is bombing other countries.
he was a big boy fan of the drony bombs
but it is like, if you can be better than the worst, are you really all that bad?
i'm fucking american i burn meat, cover it in ranch and shove it down my face. the fuck you talking about standards.
> every u.s president is just like hitler... > > so, so, so close. i believe in you.
lol hey look he’s 12
energy & social governance ie. we're not allowed to buy stock of assholes and plane killers
i mean yeah that is fair, i am giving him some benefit of the doubt so far as i'm not aware of any evidence of him doing something outright bad for the people of el salvador, or something directly self-beneficial without a benefit to the people. i expect it to happen soon, but in the meantime i am holding out some hope.
yeah! we should concentrate the power of the state into one persons hands!
although loaning 1 billion to a dictator might not be the best idea
are you my dad in 2008?
yep i hold a bunch of coins and they follow btc so btc is making me poor. plus the coin in my user name is not shit if you did any research about it you would know that.
i do not know wtf you are talking about. i'm just telling you what is going to happen. a lot of people in the crypto space think the bankers and military-industrial complex are just going to join hands with us and let it happen. they are not. crypto destabilizes the entire operation they have worked 150 years to build. they have literally killed millions of people to build this system. you are obviously clueless and have no idea how the world runs if you did not even understand the message i conveyed. this is not a game to them.
the fed controls inflation very well. doesn’t contain it though.
> the fed tries to control inflation the fed launders inflation. governments want to print money out of thin air, but that would spook the peasants. so the fed plays a silly shell game to create the money out of thin air in a less obvious way, so that the peasants think that everything is fine.
get out of here with your filthy reasoning and logic!
without mandatory multisig addresses used when storing coins with custodians, this is a problem that will never go away. any "project" with any custodian *possibility* of rehypothication. taproot + lightning are definitely gonna make things less transparent. still transparent for some, but more privacy features can certainly be added on top of the ones being added in right now. all in due time...
btc ledger is there for everyone to see. why do you think it is untraceable?
i was a professional criminal by all accounts. i used to sell cocaine by the kilo. i’ve done my time and i’ve been a changed person for a long time now but i can assure you i never accepted bitcoin (but was constantly offered it) i’ll take cold hard cash or gold thank you very much.
a coin made by bodyguards, for bodyguards.
hah my maan, i dont know how did i find them with no relation to australia or us but i am loving the shitfuckery :):)
the channel is aesome, thanks for the suggestion
thanks for the reminder they exist!
juice news is fucking dope i have been on that shit since robert foster broke the internet with his ground breaking reporting all the way back in 2013!
hahaha. thanks for sharing mate, their honest ads series is hilarious and chicks are so pretty.
any country where health care doesn’t ass rape your wallet and put you 100k in debt for a surgery is a good government to the us
germany too. there are also almost no consequences for corruption. for data protection reasons, not even the accused can be investigated without his consent. the sheer mockery.
few in america knows how canada's government is set up, let alone any of what's going on. they also do not talk about it as a whole; they almost exclusively talk about the public healthcare.
india too but yeah everybody knows.
i thought canada was just a made-up place by michael moore until the olympics happened
canadian government has major issues, but i think you need to look up the definition of corruption. we are one of the least corrupt nations. this is not to defend the stupid shit that goes on, but you aren’t bribing people to get things done.
it is definitely a magical unicorn. rainbows could shoot out of its ass and we would all cheer.
for what we have down here, absolutely. come down here and visit, when the pandemic is over. there’s lots to see and do, and generally people are friendly…but don’t even think of coming here without a medical travel insurance policy.
nothing is free. we pay from it from our high taxes
> american media is very pro leftist, authoritarian government making shit up. > the terms "left" and "right" appeared during the french revolution of 1789 when members of the national assembly divided into supporters of the king to the president's right and supporters of the revolution to his left. > generally, **the left-wing is characterized by an emphasis on "ideas such as freedom, equality, fraternity, rights, progress, reform and internationalism"** while the **right-wing is characterized by an emphasis on "notions such as authority, hierarchy, order, duty, tradition, reaction and nationalism"** none of you silly sausages know what any of these words mean.
i mean, that should be more of a sign of how problematic the trump era was, and not how "there cant be dictators if trump wasnt one"
>ie. we're not allowed to buy stock of assholes and plane killers laughs in raytheon
i feel you. well, he did send the military into the legislature to coerce them into signing off on a , and thats pretty bad. it was a pretty big deal when it happened. such a big deal the event got its own little name: 9f. he seems like hes apart of the 2016-2020 class of new wave autocrats.
you can find a good short documentary done on him, bukele, done by vice, on youtube.
you're comments are a given bro. therefore, im changing your rank from captain rich warrior to captain obvious. still, put your boots on, and man up for your third tour. we're playing for keeps.
ya man hate to break it to you but your neighbours to the north don’t have things figured out either, shits as bad as ever here
you don’t spend 100k on surgery here. you just get put on a three-year waiting list because it’s not life-threatening, during which time your condition ruins your quality of life and become life-threatening. nothing but good times with canada’s health system
free health care gang *what up* lol
in angertina they always put germany as the good example
you can pretend the modern left wing values freedom. doesn’t make it true.
except, nowadays, most people split the political factions along 2 axis: left(look at the electoral compass we have here in canada). left usually being more about society, groups, etc., while right being more about the individual. however, if you plot most western governments on those 2 axis over the years, you definitely see a shift towards authoritarian governments in the last decades.
> and not how "there cant be dictators if trump wasnt one" i do not think it is the point i've made. my point is it is bit too easy to judge other democracies and their potential dictators coming to power when just the previous election cycle, by many of the same metrics, there was one at the top of the so-called greatest democracy in the world. maybe the standard of "dictator" should be raised a bit for the people claiming bukele is currently one. maybe wait for them to actually be violent. as much as i thislike trump, he still let the power go... but his last actions, if successful, could have made him an actual dictator.
only when you go back to r
hahaha that got me good
> well, he did send the military into the legislature to coerce them into signing off on a wait until you hear what a us president did to the capital building just in an attempt to stay in power, loll
i mean sure but that is bad in the "not respecting the way government's supposed to work, and bulldozing into a reasonable decision" kind of way, not the i'm going to make myself a golden palace and crack down on all thissent kind of way. not saying it is not coming, 90%+ likely he is going to pivot in that direction like the vast majority of autocrats do, but in a vacuum i think it was reasonable to say el salvador needed the loan, and a legislature blocking it was not working in the interests of the people.
yeah i think ring signatures are super interesting.
at least your country is not allowing the medical and insurance industry's to farm and process entire sections of the population for profit like butchers. that i know of...
> banff i thought banff was going to be some attractive politician, but after a quick google search, til about an amazing park!
yeah dude. sure trudeaus spending habits are rough but have you seen his facial hair? never ceases to amaze me what people focus on
> left i'm using the definitions of the words. you're not. you're wrong. i'm right. these definitions are literally centuries old and have been used in this context for all of those centuries until a bunch of youtube junkies that never passed a civics test in their lives started blathering about on subjects of which they know nothing. > **fascism (/ˈfæʃɪzəm/) is a form of far-right, authoritarian ultranationalism characterized by dictatorial power, forcible suppression of opposition, and strong regimentation of society and of the economy**, which came to prominence in early 20th-century europe. the first fascist movements emerged in italy during world war i, before spreading to other european countries. opposed to liberalism, democracy, marxism, and anarchism, fascism is placed on the far right within the traditional left–right spectrum. learn what the words mean silly sausage.
bitch i live there.
i understand where you’re coming from, and thats the reasoning that allows for these autocrats to exist in the first place and garner popular support. its what put a lot of these people into office. you have a legislature paralyzed by in-fighting and, and this guy. but, based on the limited time i’ve spent on this earth, what usually happens is they shape the nature of the state to serve themselves and their own interests. i would personally prefer democracy to the autocratic solution 10 times out of 10. and that loan he was compelling them to take was to fund the security apparatus of the state. i hear where you’re coming from though, i really do
to be fair, the fomo near the top is what helps it keep pushing higher. someone’s gotta buy the top.
classic human behaviour. i have a friend who bought shitcoins at almost max prices. i said him that those coins have 200x in the past year and most likely have no value. he replied that they will grow more...
there is a pretty simple reason for this. when it is tanking, people think this might be the end of crypto, so most people do not want to touch it. when it is pumping, people do not want to miss out. it might be dumb, but yeah that is what happens.
closing in on my whole coin
can't up vote enough.
i’m waiting at the 30k stall, hoping i can get a ticket
you think that guys still digging in the junkyard for his lost computer?
i feel like there is always a crash'm broke. wtf lol
just bought 36k will buy again 33k will buy again 26k will buy again 23k don't ask why 3 and 6, i just like the numbers, and the coin
no matter where price is i usually buy some when it drops
i remember buying near 2018 and was too embarrassed to tell anyone i was buying bitcoin. i’m starting to get that same feeling again which is bullish!
with this drop i bought the dip and reached 1 million satoshis. big milestone for me
humans are programmed to buy tops and sell bottoms. but we haven’t seen capitulation yet, so i suspect the bottom is far from in at this point. too much retail “dumb money” in btc still. smart money has to take it from them before they pump it again. it’s the circle of life. and it’s their punishment for buying a top. the newbs invested in market tuition and they’re about to get their first lesson. liquidation 101. capitulation hasn’t even begun yet. first perhaps a good ole’ fashioned fake out pump for liquidity though. paint that right shoulder on the weekly. we’ll see. i remember trying to long btc for my first year of trading while it dumped 80%. why deny the newbs of that important lesson? everyone is a genius in a bull market. the bear market is where real traders are made.
such is the reality of fomo. how anyone could believe the fed will tank the tech market in a mid term election years is poopid stupid. this, simply put, is when you layer in and offset those buys you made in the 45-55-64k range.
whales on the left
i thought we were all just trying to get fiat off the streets
i mean, that’s literally how the price works…. if the , the price wouldn’t be
an image that keeps coming up but is so telling. what many people do not understand is if they do not have the confidence to buy bitcoin at , they would not have any more confidence to buy bitcoin at . either you understand the reason for bitcoin and take action, or you will always be looking for an excuse to put off taking action.
i can’t wait to see how people react when btc hits . there’s going to be a huge mental switch for people that finally turns on and it will be interesting to see how it unfolds. you see how people react when it dips, wait till it finally does the rip we all think it will.
ill buy back in when we show signs of bottoming. right now it hasn’t done that yet
like i told someone else, want the onky advice you really need. do the opposite of what mainstream media is saying.
can you guys please hold the price at ? every time it crashes like this, i do not have any money, and by the time my next paycheck comes around, it is back up to some crazy high price. i know you guys do not control the price of bitcoin, i'm not stupid. i'm just asking you to put in a word with whomever does. thank you!
i wouldn't be surprised if we see a huge bounce tomorrow. don't underestimate the power of bitcoin. this market could turn on the drop of a dime! that said i been holding btc for years and not planning on selling. retail is being liquidated whales are not selling. if the price continues lower just makes it more attractive for retail jump right back in. the truth is people get antsy real quick and do not like missing out on money.
i invest with btc but i have also adopted a more sustainable approach of investing.
now is the time to actually show thosw diamond hands and do the dca.
this sale is so sick
people bought at . they do not have more money to buy at .
bought at 33k for the first time. now we at the same price. i feel funny like nothing happened. i am not afraid of the dip though. fundamentals are fundamentals.
fear of missing out and lost aversion
only reason i’m not in the .
waiting for a 33k stall 🍀🍀🥂 something about that 33k if you plot weekly fib for the last 6 months it is the bottom of the golden zone at 0.618 so that’s what happened last time before we took off to another dimension… either way the price is right… bought the dip… hit the 1… now off to 1😅
i bought as much as i could in the last 24hrs, but i'm still worried. only been hodl'ing for a year...
they’re all buying? then sell! sell! sell! they’re all selling? then buy! buy! buy!
too early for this meme. this meme was perfect in late 2018 and 2019. right now i think a lot of the newbies are still in bitcoin and still too hopeful. wait till they lose interest, then it is the perfect time.
where is your invalidation that ? (learning) .
if you bought a milly sats each dip, then congrats on being a wholecoiner now!
bullshit, i had expected the short on 32.4 and now i enjoy the sales, waiting for the resistance of the 44k🥰
meanwhile me who failed to convince my parents when bitcoin was just 200 dollars : (
my problem is that i fomo in all my money on the way up and having nothing left now.
this is human nature scare to see the future something that you don’t understand only a few human like blackrock past this phase
what they want you to know is that the bitcoin - .
when people see a coin pumping they think it will pump forever the same goes with a coin that goes down.
who the heck wants to catch a falling knife?
spent all my money at 64k
it may seem that way, but the lines are always the same length. every buyer has a seller. it's just that the people buying at 33k are the smart money, and smart money does not spend a lot of time on twitter.
well this cannot be entirely true. someone's buying all that selling, and it is not just one guy. having said that, i bought a lot at 69k and all the way down to 34 😂
i thought the dutch tulip mania was silly. but i can’t wait to see the chapters on titscoin, cumrocket in finance 101 textbook
someone has to lose for others to win. same goes for the stock market... with the btfd crowd thinning out, early investors decided to take some winnings.
thankfully, most of what i have has a cost basis one tenth of the current price. but after deciding i wanted more, i’ve set up a recurring purchase a few months back on coinbase, and i have to say i was thisappointed that that price was climbing as fast as it did. my gf is also starting to invest in bitcoin. very small amounts, such that even if it goes to zero it won’t impact her. but the first thing i told her when she said she was interested was “the last thing you want right now is the price of bitcoin to go through the roof. that means you’ll get fewer and fewer btc with each purchase. ideally you want the price to plummet and keep going down while you’re buying and then go up once you’re done making your purchase. it’s working so far, she excitedly told me that she got a much better deal for btc yesterday.
dump money, i am one of those... got liquidated 2 days ago and now just watching from the bench…
so true. i had money back then.
will it break 30 k usd? will bitcoin free fall? at what price point to buy
i’ll wait when it’s lower
this is usually my luck when i have money. i'm broke(in general) when it is low. finally have money to buy when it is high
can’t help i’m broke, i wasn’t broke when it was at 60k
bitcoin going to 13k
the only people who care about the price level are the ones who are bought in at certain prices. the overall market only cares about the momentum. there are no price controls or financial instruments on most cryptos, so this is the way it will be until there are or a lot more.
i always buy the top! or wait bitcoin does not have a top!
this picture is very relevant now. it's strange to me to see how many people are selling bitcoin now. i think it is stupid.
people who fomo at high price are the losers, the pros buy at the lows when others are panicking
to be fair, many people are just sick of buying the "dip" just to get dumped on again. i bought a bit at this level... but i'm not making any more large buys in this downtrend until we get a clear picture of the general state of the markets... by end of month it will be either a trend reversal or a nuke to the 20's
this is why . humans will human. just like art, am not worth a lick till someone adds 6 zero's to it, than suddenly everyone can see the mood, pain and what the artists was going for in the abstract.
remember this guys... big price swings means its still early days!! your in early!!!
this is true. so is the fact that i go into spasms of insecurity every time it happens. i hodl all the way through and, so far, things have gone according to plan, but i do not like it. been at it since 2017 -- not really very long in hindsight. however, the world wars weren't very long in hindsight either, but that did not make them any less unpleasant.
maybe the most accurate image i have seen in a decade.
it’s makes sense. they got in at 64k because of the price predictions of 100k. their not going to get in at 33k when people are now predicting it going to 20k lol
i'm looking for below 20 k.
might still go down. or not ?
btc is a veblen good
as if 33k was already the bottom...
cute you think 33 is the new bottom
ill be back when its 5-10k.
why are you complaining? that one dude buying at the bottom needs all the others to buy at the peak. that’s how this works. so stop shitting on those ppl.
i’ve been waiting over a year for this reality check. i can’t wait to see 19k again and resume dca up to ath.
what caused btc to go from 64 to 33?
butlicker our prices have never been lower
the greater fool scam is not out of fools yet, but slowly the fools get it. rip.
yeah, but i'm learning from my mistakes so now i went to bitfinex to buy the dip. i will not repeat my bad decisions!
i predict 6,942 btc at some point this year, and when that happens, i'm gonna buy a whole fucking bit coin and feel cool
do you understand the reason why is because all the bitcoin believers have lost their money so they have none left to invest at the dip?
fucking broke sucks. by time tax returns comes it will be back up.again
i almost bought some dip this morning but my binance us plaid bank situation decided to exist and so i could not on ramp some fiat. hmm. timing.
i made some ta u scared to buy btc
get ready for 20k 𝐵𝒾𝓉𝒸𝑜𝒾𝓃!
yeah every single time bitcoin is going down, we see panic posts like this one
almost like it is a volatile waste of money
the same produce every year (skoll)
…come on, a couple of more people are on the left :)
people are emotional and irrational. more so in large groups.
i just want my payday to get here already!! so much to buy.
tbh i am stoked i was able to get btc on sale 40k, 38k, and 35k
...that is why it is 64 k tho. supply and demand.
better to buy it on the way up not as a falling knife.
just waiting for payday
just bought the dip. 2 humungous united states dollars for ~5000 sats
picking bottoms is messy business
i like not having to wait in lines.
been out of the loop ape here, where’s the best place to buy and hold btc? i’ve been using a crude brokerage account... :(
good thing my average is ,000. i think its a good thing. maybe. who knows. this is fun.
stocks, consumed immediately. their only value is from future change, which is not shown in any way in the cartoon. making it logically meaningless. a viewer has no idea which group is being more rational here. not enough information
what do you think drives the price up?
ebullience at the top is understandable. how anyone is not buying with both hands now, much less is selling, flummoxes me.
i have no more money
just bought more because of this post 😂
dca and hodl. this shit aint rocket science
i would rather have 64k then 33k...
90% of the time it happens every time.
i love short lines
just curious, is this the moment i've been waiting for? missed all the other dips and kicked myself in the ass over that big boom. is this my chance? buy some here and there until the price starts going back up? like big bad bitcoin am not just gonna suddenly die is it? this is just another (buy) low before the (sell) high?
are they in line to buy, or to sell?
i do not think if you live in el salvador that you find this a joke, bitcoin down + inflation up.
this is an opportunity to hop on some good projects, buy the dip while it lasts
wish us luck my father is going all in
hmmm it’s almost like that is the ratio of poor to rich….
when it drops to 12k i'll buy again.
it needs to raise 30k so we know its pumping
it only reaches 60k if people are buying at 60k
that's why i only invest what i can afford to lose. i'm in no rush to sell and i really do not care if it goes up or down. it's nice when it goes up and it sucks when it goes down but it does not really affect me emotionally.
i wish i had like ... i'd be stacking so much!
...do you guys understand how buying and selling works?
i would go ahead and double down , buy on margin if possible, it is gonna go back up, it always does.
buy high sell low this is the way
idk why, when she dips they do not buy 🤦‍♂️
simple solution for this problem. hold for an eternity. never sell even if you're broke & homeless.
has it bottomed out?
i been waiting for it to go back down to 2k, but i guess i missed that train.
when it gets below , i'll start buying again.
i ran out of money on the first 10% dip.
dca no matter what price does
they scared now lol i thought this was the come up price lol
if it helps - turn off notification. stop looking at chart. just dca. don’t buy more or less. just dca.
well after this major corrections, the market will be going up, so just watching for consolidation and then will add some amount.
stable coins are off the bench and into the btc big leagues. time to shine bois.
just bought some more thanks!
peoples just want buy bitcoin when are in high price, i think this time is the best time for buy bitcoin and hold
micro-caps ftw why only make 50%?
33k?! fuck! not like every other support i though existed didnt just get smashed in 24 hours…
can't wait for the real dip.
happens every time. i just wish i sold it at 65k and bought back in at 33k! haha. still holding though.
*me sitting in the back lacking in fiat after buying the last dip*
so accurate. ofc the first time i bought was when bitcoin was 64k. this is just simply fomo and when you start learning or hearing too much about it you just make yourself buy.
most of retail ^(and wallstreet) left scared. the true bitcoiners have been accumulating this entire time.
🌷 holders having fun yet
lol love this bro
very ignorant about technical analysis, but zooming out on the chart shows two previous large peaks. is it possible we’re at the trough before a third large peak? is that something people are speculating about at all?
hahah such a joke tho bro like people that do not see this as an opportunity what are your thoughts exactly??
god bless them all!
i'm curious what the line will look like at . i'm sure i'll be standing in it.
they hold for eternity then die and it’s lost forever
of course you have to sell bitcoin to have fiat to pay for things because bitcoin isn’t accepted as payment! don’t be foolish
more violent sell off inbound. spy still has a long way to go in retracement crashing.
yes this is how price equilibrium works
we're still early then.
im ready to buy at 33 a d 30
cc’s and fullz available lmk 💨
retail is not buying bitcoin has not been for a while...
i just bought a little btc
it's called fomo and it is the favorite thing to do around here.
the ones who dont buy ask me if they should but at ath's. i tell them one must always buy the corn (aka dollar corn average) no matter what the price is. they dont listen go put a big portion of savings.
man it’s almost like you just thiscovered a new economic principle. maybe you should call it “supply and demand”
i call it the pleb thiscount, i for one do not waste it, give those sats a new home .
i am buying the dip, if the dip keeps dipping i will keep buying the dips
each level has number of buyers which once exhausted collapse even further. now there are plenty of happy buyers at 35k but if nothing changes, in a couple of month the buying pressure will drop and we'll see likely 27k or something. so the goal is to have something which pushes the prices up or if not there will be more and more of those bottoms.
they're still waiting . you get the price you deserve!
blame yourself for accepting this financial system that enables corruption .
i will there to buy it from that big group at . will sell them back at . you're welcome my dearest friends.
i want to buy bitcoins from michael saylor
you do not make gains with fiat money, shift your mindset to bitcoin value. 1 btc = 1 btc .
bought 50k alts. let’s see what we have next week. cheers !
if the fortune is good, btc will pump, otherwise it will dump more.
it’ll go down more. you know why i know? because people in this thread are still optimistic.
i desperately hope it stays down til monday afternoon. can‘t transfer fiat money on weekends.
i tell nocoiners to buy the corn at lows. most thisregard.
dip with in a dip , you know the drill, keep catching the dip.
all i want now is .
political views ,beliefs or opinions do not matter . whoever is in charge of money,is the one setting the laws of the game.
please, educate people and teach them to avoid shitcoins. the only way out is bitcoin .
i bought at , and then when it dropped to . now i just have to hope that the prices are still low on the first when i get paid and do my usual dca buy.
only way i can ever get to one coin lol - .397 and counting
human psychology... when it’s at 33k everyone thinks it’s going to 20k, when it’s at 64k everyone thinks it’s going to 288k.
yes bitcoin to the moon!!!!
guess who wins this trade scenario? guess we will find out?.
human behavior in the crypto sphere is an odd thing
adhd and no meds and day trading do not mix!!!
buying it .01 at a time baby love these crashes
i’m buying plenty right now, thank you!
i have never bought bitcoin above 39k
is it better to transfer bitcoin to a cold wallet right away or do people usually wait at certain amount before transferring?
russia is going to ban cryptocurrency. what happens if the entire world bans cryptocurrency (btc)? the value would drop
not classic, people know bitcoin is dropping to - ! incoming flash crash 💥 on the spy
i read on some deep web website. that all the big players are now dumping bitcoins and the value would go to around 500-100.
how is the leasing in extrinsic value traction you crypto bros?
this isn’t true at all
50-80% off storewide at the world's most scarce store.
hey, i wouldn't have it any other way... would you rather buy at 60s or 30s? i like half price. it's going to . it's going to . it's just going...
idk ... btc is a 85% buy on coinbase rn
eventually both lines are empty
so how many times has this happened? ' twice? kind of hard to say "every single" time... ' i think bitcoin is the future but not through sky rocketing prices. btc will be very slow growth overall in the near future, may even fall for a few more months and ironically it will lose the appeal and growth from all the speculation.
[pack of 100 ](
crypto crisis will be happened soon...
reality: bitcoin is at , because no one was buying at . woke reddit: every single time
i was gonna say... more people wanting to buy it makes the price go higher... that's... that's what you want to happen
support for our pyramid
well, it’s silly to buy in while it’s still going down… wait for it to start back up again if you’re really trying to time the market. cartoon wouldn’t be “funny” if the arrow with the big crowd was up and to the right, and the arrow with the one guy was down and to the right.
thank me later guys
aparently it is always me.
i hope you’re right, finally bought in during this dip and ngl i have already lost some and it’s kind of gotten under my skin a tiny bit but i’m holding onto what i’ve read that it does this very very often. also yeah “first time” lmao.
yup and some maybe unfortunate to get to know about crypto and accidentally buy the top.
sell the bottom, buy the top; then your wallet will be a flop.
if you surveyed the reddit comments it sure dont seem like the plebs are selling
the people who buy it near the top a) do not know it is the actual top (really nobody has any idea accurately at the time) and b) believe they’re at a point which is *not quite there* at the top. they believe there will soon emerge another buyer who will just about buy it from them at a slightly higher price. they have enough faith that the price will go a tiny bit higher when it’s 64k (after all, it has gone all that way up hasn’t it?) but that faith thissipates as soon as the price is near 33,000 because ‘it could still go down, couldn’t it?’
when passions are high, you missed the action
hopefully he did not go all in.
you are a wise man
dips are for buying low and peaks are for selling high instead of being gready
yes but i sold half my tesla at . you never know.
let’s be honest... anyone who invested in 2019 got a 1300% increase.
congrats! officially got my one coin today!!
awesome! i had to sell a quarter btc last year to pay for my mothers medical bills and have been dca’ing hard since. just a bit more and i’ll finally have half of one.
congrats dude nowhere near that but bought a little more today.
ohhh man! so close
wise dude. very wise
well congratulations dear, you have got your whole coin here.
and what do you think, what is stopping you from all that.
but how else would it ever be as it be
it’s really going to be interesting. i remember people waiting for 1.5k, when it dropped below 4k in 2018.
not sure if it is the same guy, but the one from the uk james howell, has got a whole team of people who agree to work with him for a final cut if it is found. part of that group are people who've worked with nasa in the past. he's covered the logistics of how to locate it, how to retrieve data from what is likely a rusted hard drive but likely an intact platter internally. all he needs now is the local council to grant him permission and he is offered them £50million to enhance the local community however they see fit. so far they have said no, you cannot go anywhere near the landfill and we're not open to further thiscussions.
can’t upvote this enough
unironicly this guy will outplay the market, buying btc at his favourite numbers. doesn't even care about charts, while others on panic. meanwhile people are getting rekt with their very complicated strategies. and he be like, i was just buying, because i like 3 and 6, that is how i found the dip. what a financial genious.
i just buy some every week no matter what
we like the coin :)
i said i'd buy more at . i'm thinking .will be my sweet spot
i think 23k is the “floor” and then 13,500…. and if it hits , just know that it won’t, because 10k bitcoin i’ll fuckin buy em all
ya i mean isn’t this literally mechanically why the prices are where they are
i did the same in 2014 and then repeated in 2018, both times people were saying it is dead. the reason i did in 2014 was because i looked back at the early 2013 crash and guess what, everyone said it was dead then, you'd be very happy to have bought in after that one! not sure how long this gloom will last but if you look at bitcoin in the long run your are safe. this crash is more scary, because it is the one that is happening now.
someone who speaks sense!
so your saying dca and hodl?
yep, bearish div on every time frame. thought this was capitulation, but the volume is not even a blip on the weekly
u srsly dont think biden is capable of shooting himself in the foot?
ayyyy it is my favorite coke gmt guy. upvoted before seeing the username. agree on all points. while fed operates autonomously (or is supposed to) i cannot imagine they, or the party in charge want to do anything aggressive enough to harm the economy and their cushy careers. we're going to get our usual pared down lifelines and band-aid's and then kick the can down the road for other elected officials to repeat. just dca.
put . never underestimate the stupid
buy low, sell lower
buy high and low: don’t sell
people are gonna lose their minds on the next bull run. they always do, but this time i think crypto is wayyy more mainstream, and therefore there’s a lot of fud and non believers, especially during this crash. next bull run no one will be able to talk shit, and i think maintstream will realize this is an amazing hedge against inflatin
i'm waiting for 12k
dam and i thought i fucked up when i failed to convince them at 8k lol.
so that must be why walmart became so huge because they stock nothing but the very best quality products.
then it wont happen
i think this has potential to be a small dip relative to a larger sell off that may occur once the feds start raising interest rates back up, which is likely within months. just a guess though.
i think no one can call the bottom, but if one's strategy was to obtain one full bitcoin or half or quarter of one during this cycle, they could try to buy in stages. buy a bit at , then buy a bit at , and buy a bit at , and so on. unlike a stock or conpany btc is not going to go to zero or go bankrupt as far as we know. do your own research of course.
could it go negative?
been on reddit 2 weeks, you won’t be back.
people wanted to sell more than people wanted to buy.
it went like this 1. fear that fed will raise interest rates too much fast and start doing quantitative tampering (reduce their balance sheet) at the same time 2. hedge funds selling growth stocks due to that fear (growth stocks need cheap loans since they do not generate any benefit stil) 3. bots from other hedge funds doing high frequency trading starting to correlate the markets with crypto, so if the stock market sold they also sold crypto 4. cascade of long liquidations on crypto that were leveraged (again, jesus this guys never learn) 5. and on top of that add more sell pressure from retail because all the news of bubble crashes and all the bad economic news lately, or simply because they were going to get margin called
why are you yelling at me you are being agressive, hostile, and definitely difficult
lol that is not true.
sounds like someone is bitter.
maybe it has been for you
can you see your average on coinbase?
when the fed raises rates it will go down. buy then.
not happening. certain countries are choosing to opt out of the future because it is a risk to their present. every game has winners and losers.
man this is nothing new, every bull run in crypto ends in doomsday fud. in 2017 it was china fud threatening to ban crypto that started the first big dip then the mt gox sell off caused massive panic in 2018 after the last ath. just ignore the news and try to catch the inevitable 70-80% dips from ath.
one way to deal with russia and china simultaneously is if they both full ban crypto. best thing for humanity since the invention of agriculture
then i can finally have a full btc
yup, that is why i can confirm this is not the bootom yet because i have not sold.
you hold for eternity and then what?
the worst part is people will say, “yeah cause that’s how a ponzi works”. in reality, if no one is buying at peak pricing in any asset or security it doesn’t go up. it takes a withdrawal of less than 10% (number check i may be off a little but it’s close) of 401(k) and, that’s why there are such high penalties for early withdrawals.
but this am not the bottom😎
actually its an entire society that is programmed by the centralized exchanges to think that everything just goes up and down in price but its different now there was a thiscovery called bitcoin and its finite and infintely divisible and desigend to just go up forever...its a chance to save humanity check out this vid and pay attention to the capital goods part...its amazing! i dont think most even know what capital goods are...after all they have to work 9-5 so no time for learning
yeah, but they should also want to buy it when it is going down. if anything, you should want to buy more when it is going down.
and as price went higher more people thought that they could sell it at higher price too and that is what led us here.
by that logic, almost every investment is a pyramid...
it’s more silly to try to time the market
you'll never know if it is just a fakeout or a beartrap.
i always buy. top, bottom, middle, side, other side, crab, bull, bear, you name it i buy it. if it makes you feel better i made quite a large purchase outside my normal dca just shy of the very top.
at great loss. if he bought btc and held would been way better.
for nothing else but to get the investments in the .
he went all in with his crypto portfolio, but crypto is like 20% of his net worth so not that tragic.
well he actually goes all in with his 20% crypto portfolio.
yoo!! congrats to you ... time for coins 🔥
congrats now is a good time to enter i believe it will become 100k
wholesome! more power to you!
should have half a coin a lot faster now.
dude i remember when i got to half a coin, i was so stoked ... keep stacking sats
this is the way, buy the dip and do it everytime you see it
i wish i will be the one someday to say "same though" here.
i’ll still buy some as soon as my transfer goes thru but i’m gambling most of my fiat on a bigger crash in all markets. in the meanwhile, a good chunk is staked as usdc to fight off inflation
and from this i think we better have to buy it as soon as possible.
this has the makings of a movie. blurb reads: “james howell strikes it rich in a high-stakes game of cryptos, but only if he can find his old computer hardware lost somewhere in the county landfill. government officials fight to deny him access fearing he’ll uncover what is actually there.”
that’s fucked. how much btc was on it?
the problem is the stuff in the ground there is a sludge of high toxic and dangerous chemicals, plastics and metals. not a feasible idea honestly.
>so far they have said no, you cannot go anywhere near the landfill and we're not open to further thiscussions. my conspiracy theory about it is that the landfill is full of criminal evidence that they will have to process if it comes to light and
this is totally shit, just tell me how much btc was there.
> what a financial genious. genius, but yes.
what’s dead may never die.
retail investors never matter. they’re just liquidity to sell to at high prices and buy from at low prices, like what’s happening now. glassnode have said that a lot of coins are being sold at a loss or being held at a loss right now. which means retail are selling low, so who do you think would be buying these lows?
he is yes. but relax, it’s not like he’s in control.
you seriously think biden controls the fed?
oddly enough, greg foss raised many of the very same points today on some pod cast. raising rates will cost the us more money of interest as well. so it’s basically like asking visa to raise rates on you after you’ve maxed it out. how long will you punch yourself in your own nuts? not long is my guess. in no way should we be spooked by this “hawkish fed” nonsense. the reality is that even if they wanted to, the money printing isn’t going to end and i just don’t see some clown like powell tanking the economy with serious raises. this whole thing is a ruse.
yep i have two buy levels. 20k to begin accumulating, and 12,500 to buy big.
im looking for price reversal with high volume at or near a historical level of significant support. letting the charts do the talking but somewhere in the neighborhood or 28-32k is where it looks to me like it may happen
thanks, nostradamus :) please have told me that before. they were wrong.
my strategy is to mine and exchange whatever i mine to btc. worked wonders when i started during summer 2017. 🥳
i’ll let you pay me to take your btc. no worries.
what's the underlying cause
why coinbase is always telling me 70% buying 30% selling?
what are the odds the last ath stays that way?
nope feel free to look at my post history and see that when i sold my bitcoin a year ago i became a millionaire.
feds raise rates in response to usd inflation concerns, which effects buy pressure. "will \_\_\_\_\_\_\_" is speculative.
i mean, if it becomes an illegal currency, apart from the price dropping it would be harder to cash out and use.
opt out of the future lollll
prices dip again, some panic sell. trying to teach long game is hard.
how long do you hold your fiat?
> eternity + > then what? = does not compute!
then you die a hodler. success
i just bought a house with my bitcoin. it was a bear to get bitcoin approved in underwriting btw
pass the keys to your heirs. preferably through a trust.
when you want to buy something with it, they mean stop trading!
borrow against it hand it down the generations
you die and leave your assets 😂
not even for eternity you just need to hold till mid 2023 and get in the next bullrun.
it’s just keep on dipping everytime i buy.
honestly were preety close to the bottom, 30k is probably the lowest.
no usually with an investment you are acquiring an asset that has some utility.
this are just haters of btc, as btc has filled they have come out of hiding.
…for most people, absolutely. buy and hold strong assets. for highly volatile speculative markets with nothing holding them up, well, there really isn’t anything *but* timing the market, is there?
good because i have rent due next month.
took me 6 years of stacking!!
thanks i am albeit slowly
man just do not leave what you are doing the fruit will be there soon.
surely usdc suffers from inflation in line with the dollar??
usdc is actually suffering from inflation in the line with the dollar, what i guess...
so the movie is mainly a guy digging around in a landfill. sounds thrilling 🤣
last story i saw was in december and they estimated £350million
a lot, i first read that story in late 2013 when bitcoin got in the news with the price going crazy. the story resurfaces with every bull run. you'll be hearing all about it again in 2024.
city council does not want the liability when him or one of his team injures themselves and then sues the city.
that's not the case hence why he has a 'consortium' agreeing to work with him. the experts believe that not only is locating it feasible but physically retrieving the drive and it is data is entirely possible.
i do not think the exact amount is known as the story is only ever reported with the current value in british pounds. i thi k it is definitely in excess of 8,000 though if the december story valued the haul at over £350million
no pay for school; only botcionz
i’ll give you 50p and a snickers for 3 bitcoin, you said cheap right?
good luck with hoping bitocin behaves in a non-historical manner for the first time in recorded history. bitcoin has never dropped before a prior cycles ath during a downturn. ever. also the cost basis for the entire network sits at 24,000 so how you think you’ll get 12.5k is laughable. tells me you’ve not spent a moments time looking at past behaviour or on chain data which tells us very clearly the aggregate cost of all utxos on the network. which is **24k** bold of you to think that bitcoin owners will just sit idle and let everybody be in what would at that point be a 150% loss to everybody on aggregate at 12.5k
people are scared. the markets are all down. inflation is up. bitcoin is volatile. several countries are banning it.
that's not an answerable question, at least not easily.
same thing that brought it up above 60k. human emotion.
in part bitcoin cannot be used to guarantee securities. so if you're trading on margin having money in bitcoin is like you do not have the money at all. if you get margin called simply selling the bitcoin is like depositing money in your account to cover the margin call. that's why bitcoin and other cryptocurrencies always do badly when the market does bad.
speculative? has happened *every single time* with risk assets which btc is (personal opinions aside) chief among risky assets
it is not a currency. and it is not going to become globally illegal. so, while you're correct about that hypothetical, i wouldn't spend much time worrying about it.
yes, like china did. they decided to forfeit at least a third of the world's mining power in favor of performing financial surveillance on their own citizens. let's see how that works out for them.
until i need to use it to buy something. so far i have bought nothing with my bitcoin.
that's what they do not understand. you loose so much trying to wait for the dip and when the dip comes you're too afraid to buy.
until it breaks down. italian cars are not very reliable.
long enough to spend it
so your premise is that you either own bitcoin or fiat. there are no other places in the world and no other investments right. it's a digital world according to your comment... bitcoin vs. fiat gtfo
try not to put all your eggs in one basket, you can buy worth of
so you just decide how much you want to invest and divide it and get your dca done.
i actually do think that way, because each have the sam epurpose.
here you have go the logic but it is not the unique one.
like a decentralized p2p network?
yup it is all right when you've allocated proper amount to each sector and you're mentally free.
time after time with crypto. the thing that matters most is not "timing the market". it's time in the market.
not if you're young
unless you are staking it?
only till the moment when we will start staking the piles.
nah, man. totally a monster movie. the government secret genetic testing facility is under that landfill! they’ve been working for decades to cross breed humans and crustaceans. crab people, man! crab people! and this poor sap is about the blow to cover off it!
oops this is also a huge amount here man, we need to make it quick.
or they don’t want him digging up their dirty secrets because they have the mob stash dead bodies there and use dump trucks to move heroin.
yes it is the case. google what happens under the ground at landfills.
this made me think of rainman. maybe there could be a raincoin?
lol historical? 80% dumps are a thing in bitcoin. that would take it to ,000. not saying it will get there. but it wouldn’t surprise me. so i’m not fully loading up at 20k. this may take a year to play out but i’m not buying much here. just a sip of a long scalp in this range since i do expect a small liquidity pump. but it will be a bull trap so i’ll take profits aggressively.
also tensions in europe.
tantamount to saying "btc is not money." actually, it is tantamount to saying "btc is a stock." you cannot use stocks to guarantee other stocks bought on margin either... when the carousel stops spinning people want money.
past performance and all that... the primary long-term value proposition is its anti-inflationary aspect; btc investors logically would respond positively to usd inflation trend. plainly investors do not respond logically near-term or btc would be correlated with no other asset -- it has an absolutely unique value proposition. if that is not evidence enough, dog coin is correlated with btc, and the two share value about as much as ann margaret and pee wee herman share looks. speculators rightly should listen to you; hodler heed your words at their risk.
saving it up to buy retirement...
bitcoin just put a new ac in my home and fixed my transmission. i never held something that accrued value like bitcoin. if i had kept the same money in my savings account i never would of been able to afford these expenses.
that’s because bitcoin’s primary usecase isn’t buying stuff with it.
i have not bought something with btc either but lot of my things are paid from btc profits.
and then you'll see buy when it starts to go up, you'll fomo.
lol, what does cars have to do with that. i do not understand this.
good point. and they’re definitely too heavy to hold very long.
but for how long tho...dca is great when you're earning a regular income.
i think we all should decide this earlier, pre planned thing works most.
they said something with utility.
yeah but this one has like 5 users
no, that’s the stock market, and it’s based on decades of experience. if you want to talk about “crypto” you’ve got to look at all the crappy coins that come and go… time in any of those markets hasn’t done anything. bitcoin is it’s own beast, and i’d be very wary of applying “conventional wisdom” from buying and selling shares of companies to something this new and different.
time in the market makes sense because companies, in general, tend to create more value in the long term. it's not true at all with crypto, its value is purely speculative and for everyone buying low and selling high, you need a sucker buying high and selling low
i'm in the market since 4 years now and i can still make consistent losses.
anything less than 90% when you’re young is insane.
yes. as i said « staked » in usdc. 12% roy on crypto.com
well not a bad idea but we still need some experts point of views.
yeah that appears to match up with his stance that the hard drive itself will be largely destroyed but ontrack who are the data required recovery experts on his consortium believe the hard drive platter could be removed from within the case and it will be untouched allowing their specialist recovery methods to access the data.
bitcoins volatility has declined as time has passed. so…...
actually you can. that is 100% wrong. if you have a dollar worth of stock you can use that to borrow a dollar to buy more stock. stocks, treasury bonds, and us dollars all count, with bitcoin it is as if the money does not exist at all. so let us say i borrow . i can guarantee that , i can guarantee it with , or i could guarantee it with . depending on your margin rules that means you can deposit . i cannot guarantee it with bitcoin anymore than i could guarantee it with pokemon cards. the reason is both bitcoin and pokemon cards are considered collectibles to the government.
tldr. the dynamic im talking about is as predictable as a summer afternoon rainstorm. the current atmosphere is soaking wet. the fed cools the air with higher rates, and suddenly it is unable to hold as much moisture. simple, really
haha, you're funny. what brings you to this sub, since you clearly have no interest in bitcoin at all?
“buy retirement”. never heard it phrased that way but it’s totally accurate. it’s exactly what you’re doing… buying out the rest of your life.
i mean it is the best savings account one can get so yeah.
what year model and make?!
did you pay for that with bitcoin or did you sell bitcoin to get fiat in order to pay?
what if you bought stocks like gme instead
transmission in what kind of vehicle? lol
i think bitcoin is a peer to peer cash, it can do both things.
bitcoin primary usecase is to sit pretty in my wallet... until satoshis become the standard accepted payment!
dude compared it to fiat. try to follow the thread here.
indeed this is all we have to do to make us alive in the worst condition.
bitcoin weighs nothing to hold, maybr this makes things easier to hold?
your "wisdom" is to try and time the market, ill take the alternative to that any day.
it's all this shitcoins and scams that make this look bad, the tech is incredible.
well that’s why we call them shit coins and almost every single one is a scam. also you sound like a savvy investor being able to “time the bottom and top” so if you have the secret formula to this, please share. i think everyone here would like to know how.
oh nice, the company that just got hacked and lost 30 million in customer funds.
i somehow doubt that. even if the drive was not crushed by the trash truck or at the landfill, it is now been exposed to corrosive liquids with debris for years through the pressure equalization hole. and even a scratch the size of a human hair could completely corrupt the data they need. it would make a great story if they are able to find it and recover it but i am extremely skeptical of that happening.
“this time it’s different?” sure.
i am wrong, then!
this post got on r
it's a cool and new way to look at it, i kinda like this better.
until billionaires change the rules and suddenly you gambled your money away. i mean, you think it peaked at exactly ,000.00 by chance? there’s billionaire puppet masters at work trolling people and i pity anyone who thinks otherwise.
hopefully pre 2030, stable investments
do you go on amazon and use amazon stock to buy things?
well you gotta be at the right place on the righ time.
we bought that too
lol, you guys need to use lightening so bad man. you'll not say this.
i mean it is the function of the good money, it is nice to have it.
**[fiat]( >fiat automobiles s.p. a. (uk: , us: , italian: [ˈfiːat]; originally fiat, italian: fabbrica italiana automobili di torino, lit. 'italian automobiles factory, turin') is an italian automobile manufacturer, formerly part of fiat chrysler automobiles, and since 2021 a subsidiary of stellantis through italian factory fca italy. ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
i think the price of bitcoin is analogous to its physical weight. harder to hold when it’s peaking (cuz profit$), easier to hold when it’s down (selling at a loss is nauseating)
it's not a competition to buy the exact bottom but if you could get close to the bottom, what's bad in it?
i did say “if *you’re* trying to time the market” … not recommending doing that, just a comment on the “humor” of this comic. holding an asset that gives away *your money* every 10 minutes doesn’t seem like a smart long term play to me, but what do i know?
i'll take a flat lined and tech stock following pattern anyday instead of dumping like this.
this is the biggest head-scratcher for me. the fed begins tightening monetary policy, which hurts valuations for tech stocks… then this causes crypto to decline? so crypto is just another risky asset and all of the talk about a hedge against inflation and the fed’s actions is out the window? i don’t know the answer but it is interesting
“tracking tech stocks” doesn’t mean there’s a causal relationship though. maybe the only thing that’s driving both markets is that there are lots of people looking to put their money somewhere that might make a profit. when the market turns it doesn’t mean those people are going to leave their money in both kinds of investments the same way. (maybe they will, i don’t have a crystal ball, but i think it’s a mistake to just assume they will.)
i don’t try to time the stock market! that’s as silly as this comic. but when we talk about that market we’re talking about shares of companies that make things. it’s not the same market, and so you can’t apply the same techniques.
they reimbursed everybody up to a certain amount. i do not have millions invested there. my funds are covered.
wait seriously? is roy is the company name you are talking about?
considering ontrack recovered data from a satillite that crashed to earth i'd say they know exactly what is and is not possible. they seem to think there is a greater than 80% chance of successful recovery in this exact situation
what makes you think that \*this time\* is different? not pushing on you, just trying to understand.
ah, i was not aware of that. makes sense though, bear markets tend to draw a lot of attention.
indeed it is the new one but we are still looking for something new.
i'm surprised it did not peak at ,420!
probably but it’s nowhere near the same level as centralized banking.
but bitcoin is supposed to be the new reserve currency a currency you hold and never spend. noone at amazon is making that claim with its stock.
why does everyone here answer questions with questions?
great reply lol, i'm sure you do not need amazon stock to do that.
this is not the proper way to be at the right spot earlier.
because you would not know when the bottom is until months after its happened. there is not any point trying to time the market because there is literally no way of doing it.
do you even know how bitcoin works? why are you here if you do not like bitcoin? you realise gold supply increases 2% every year?
so this is like a double sided sword, you loose if you invest and you loose due to inflation if you do not invest.
your funds are only covered if they decide to cover them and there is no guarantee of that.
you're comparing a harddrive from 2013 to a satellite?
i don’t. that was sarcasm.
never spend? na bud. you need to read more about bitcoin.
why do people ask rhetorical questions?
question everything ask nothing
because sometimes that is the best way to answer some questions lol.
because what else are we supposed to do?
yes, i know how bitcoin works. i think it’s a really interesting social phenomenon and i’m here to talk about it, same as you. analogies to physical materials (gold) don’t really apply, there’s no shortage of numbers. reality provides our limit on the gold supply, the only thing putting a limit on the bitcoin supply is our shared agreement that there should be a limit. what if we change our minds??
i feel like the recent russian ban was not talked about, eventhough it was really big.
i know. willing to take the risk. like i said, it aint millions. it’s 1.
no ontrack are, and they are comparing the hard drive on that satellite to the hard drive in that laptop. you're giving your opinion as if it hold greater weight than the professionals 'potentially' involved in this project. the 'potentially' being the point on contention not because recoverability is unfeasible but because the council would not allow the attempt on various other issues they do not want to have to potentially take responsibility over.
dumped so fast my god. the influence elon has...
elon, the double edged sword.
uhhhh fantastic due diligence here guys, it’s not like bitcoin became pow overnight
didn't seem to mind when they needed to prop up the finances for the earnings call
i find it hard to believe someone whose company bought 1.5 billion worth of bitcoin had no idea it used fossil fuels lol this guy is full of shit
he understood it a few weeks ago... whatever. bitcoin has no kings.
why now? if tesla was going to take this position (which seems highly oversimplified and likely a cover for some other reason), why did not it do that prior to deciding to accept payment via btc to begin with. very strange.
if you're new to bitcoin, a little perspective. in 2017 we had the blocksize wars. when the mempool was full for weeks, bitcoin cash supporters were attacking the network hard and pushing their coin because bitcoin was 'too slow'. steam (gaming platform) took away bitcoin payment, along with others, citing it was just too slow... bch almost flipped btc for a moment and btc's future was unclear. we're there right now... last time it was speed, this time it is energy consumption. there always has to be a narative.
i literally just bought my first btc 1 hour ago. aaah
btc is for lambo anyway.
market manipulation at its best. pathetic.
really starting to not be able to stand this guy. btc energy use was the same when you decided to buy a shit ton of it a month or 2 ago bro. all of a sudden it is a moral issue for you? gross market manipulation with the veil of moral gymnastics. give me a fucking break.
ah, no wonder btc took another dive in the last 15 min.
tesla is buying the dip before announcing they will be mining bitcoin sustainably!
for a currency that is suppose to be independent of everything, one person sure has a strangle hold on crypto prices
this mfer really did pump and dump bitcoin
elon is manipulative and trying to take over and control the cryptocurrency industry. he won the fiat industry, why not go for crypto? billionaires doing billionaire shit. rich getting richer.
one of the worlds richest men are not your friend and should not be treated as a god. this is a good thing for bitcoin, get this people out. tesla probably need all the money they can get to keep their operation going. including musk himself manipulating markets. what a looser.
time to buy more bois
was anybody using their appreciating bitcoin for a depreciating car anyway? i cannot imagine many actually bought a tesla with their bitcoin
let’s go short tesla!
ego size of the solar system. he will fix money problem for us. he is the smartest. if he was worth any respect on this regard he would be buying in 2013., not 2020. worst case scenario - we can hardfork and create bitcoinpos for fucktards to buy.
bottom line: elon musk is a neophyte in the area of blockchain and the cryptosphere, so should not be anointed de facto czar over the future of these emerging technologies...
so a guy with a carbon footprint the size of a whole country is educating us on fossil fuel consumption while refusing to research layer 2+ tech and sidechains. who could have predicted that those with power would like to maintain it without proof-of-work? proof of stake is an oligarchy.
the market tends to overreact to news. tesla is not selling any of it is bitcoin. they just announced that they would stop accepting it as payment until miners move to renewable energy sources. who buys a tesla with bitcoin anyway? ten years from now that tesla may have wound up costing you a million dollars. it's a store of value. buy the dip, i'm sure elon is.
i like the reason for halting purchasing with btc, but my fucking god how stupid is it a larping...
elon has a need to be in the news as badly as trump ever did. he plays with peoples life savings while claiming to try and better humanity. stfu and build cars and rockets leave crypto alone and play with something else.
the flood of fake energy fud narratives concocted by corporate media outlets that we've seen this year are serving their purpose. if you use bitcoin, you hate the planet. why do you hate the planet?!
fuck it all never buy a tesla now and just dumped all my dogecoin. hope it shits on elon’s face.
and all my friends wonder why i hate the guy.
good. i was on the verge of a tesla or a volvo. guess he just made my decision easier. fuck him.
elon is a fucking troll. imagine if tesla actually didn’t do their due diligence in researching bitcoin before investing in it. are we to believe that’s what happened?
you guys literally called him god just a few days ago.
here's what happened: either nobody was buying with bitcoin, or musk got his leash yanked on by the us government.
he's manipulating price so he can buy more.
what a joke! didn’t they know before? btw 70% of energy used is renewable. something is going on
yeah, let us switch to a centralized shitcoin with no security.
the energy consumption fud associated with bitcoin only makes sense if you do not see value in bitcoin or believe in it is future. in about 10-15 years bitcoin is going to be a 100 trillion dollar asset costing us about 25-50 billion in increasingly environmentally friendly energy to run and secure, making it the most efficienct, least energy intensive system ever developed. all while at the same time making 51% attacks impossible. pretty much anything consumes as much energy as a small country. people only complain about bitcoin because they do not understand it and think it is a dumb obsession for people wanting to get rich. elon musk of all people should understand the issue.
literally such a dumb reason, you know how bad those batteries are for the planet after they are done being used up
i wonder where the energy powering up the tesla cars or digging up for rare earth elements for the car batteries is coming from. can't quite tell.
question: did anyone actually use bitcoin to buy a tesla... even one???
tesla buys bitcoin elon tweets that tesla accepts bitcoin as payment bitcoin spikes tesla sells bitcoin elon tweets that tesla no longer accepts bitcoins as payment btmfd profit repeat
elon musk is manipulating the market...
the whole accepting btc in the first place was an unwise idea for tesla and shit storm for buyers. for us citizens and residents, using bitcoin to buy things triggers an irs reporting requirement and capital gains taxes if you had a gain on the bitcoin you use to buy the thing. for example, you paid 2 btc to buy a new tesla for ,000, the irs will come looking up your ass with a search light trying to find out (1) how much you bought these btcs for? if you bought it in 2010, yeah, you owe big capital gains taxes (2) how many more btcs you have in the basement because just didn’t buy 2 btcs back in 2010!?! gotcha!! using environmental issues is the secondary reason, tesla just doesn’t want to be “that guy” who reports to the irs which of its customers are using btc to buy cars, so irs can start chasing these folks with questions about their “crypto activities.” bad pr.
all that lithium mining is such a green process elon
lol elon wanted to buy another billion or two worth but wanted a 5% thiscount first? people who panic sold on this tweet news are dumber than people filling garbage cans full of gasoline.
whale announces they would not sell anytime soon, and does not rule out buying more. why the panic?
i think someone should teach elon lol
like he doesn’t destroy the environment mining cobalt and lithium
i do not really care about "the price", but i do not understand how he can continue manipulating the market in that way, and also pumping a sh*tcoin.
bitcoin is the money of the people backed by the people. no one is more important than another in the bitcoin world. not even elon musk. a good lesson for new entrants in this world. don't buy bitcoin because of influencers. make your own research before buying bitcoin.
he is such a bitch. instead of doing something productive to help like saying america should be a leader in mining with sustainable energy, he goes and does his dump. always pump and dump with this guy.
the elites are using the cultural momentum of ‘’climate change” to destroy the number one threat to their hegemony. bitcoin. and people are falling for it hook, line and sinker. (p.s. not talking specifically about elon here, he’s likely using co2 an excuse just like the elites and he has some other reason for doing this)
you know what bothers me the most is that tesla invested like 1.5 billion in bitcoin in the beginning of this year. took more profits out of it than actually selling tesla's for a whole year. and now all of a sudden we must be environment friendly. don't get me wrong, environment is important, but this seems a bit hypocrite to me.
elon says fuck you barry 😂
easy to thisprove this.
or they want to buy cheap, what a son of a bitch
this is utter nonsense. tesla’s mining for producing batteries is insane damage to the nature but we accept it as we save some emissions while driving. at the end saying that bitcoins carbon footprint is bad is a joke. even tulips have a negative carbon footprint if you look into it. maybe use lightning network? that one is pretty low on emissions
has anyone considered that this is maybe just market manipulation and the man is going to simply use this to give himself a huge thiscount when buying more btc?
speculators gonna speculate. does not change bitcoin fundamentals.
so this is it. public figures magnetizing public attention. people who do not take into account the wise example of satoshi nakamoto.
honestly, elon can do and say whatever he wants. if the market responds to his words, it is the markets problem for listening to him.
fickle asshole. did he not know about bitcoin's supposed wastage before now?
waiting for "do not panic" "hodl" posts on this sub for the next week
there are lots of people criticizing elon for this decision. i think it was dumb for him to implement it in the first place. but bitcoin's intent is not to be handled with large amounts of transactions. energy becomes a big factor and will hopefully become a more miniscule factor in the future.
i said it before: fuck elon. bitcoin don’t need him. bitcoin is bigger then everything
lol elon does not understand the importance of proof-of-work and decentralization. and i gues he does not understand that [proof-of-work is effecient]( or that "[bitcoin mining is more renewables-driven than almost every other large-scale industry in the world.]( but important stuff like that does not even matter when elon can pump anything to the sky. so now we can expect one of the altcoins to blast off whenever elon announces which ever once he picked. what a time to be alive.
elon: btc mining bad for environment! also elon: **mines lithium** = profit?
everyone was all happy when he was popping up all those crypto. when he finally dumps on one. you guys are screaming about how he needs to be investigated from market manipulation. or the government needs to step in. steak consistent lames.
buuuulshiiiit, there is 100% some market manipulation going on. - they did not just over night realise the power consumption of bitcoin, that is nonsense - the banking system eats more power yet they are not concerned about that - dogecoin is also pow and they are not concerned about that - this announcement comes in as the stock market has been completely red for 3 days in a row going on the 4th they are full of shit, something else is going on.
let's talk about how bad a tesla is for the environment. oh wait i forgot people only care about shit when its mainstream
very irritating that the market swings 10%+ based on elon musk's moods. also i just realised his name almost musk melon! :d
god i wish i had money to buy rn...
what does his rockets run on? grass? hes a hypocrite
good on him. we are not going to change pow anytime soon so this just highlights most of our global energy needs come from gas**energy=>money** rather than usual products of **energy=>company product=>money.** ' the fundamental problem is gas**it currently costs nothing to pump toxins & waste into our atmosphere**. this needs to change. ' campaign for taxes on dirty polluting fuels, use the collected taxes to subsithise cleaner. we leave the world in a better place for our kids and bitcoin can help accelerate this necessary change.
what i don’t get is how he didn’t make up his mind in the topic before buying. did he really just yolo a bunch of money into bitcoin without doing research?
i hate his manipulation and how much influence on crypto he has...
i’m laughing at all these people that think elon musk is their friend …
it's an outsized price move based on the actual news. please, regale me with all of the examples of people who bought teslas with bitcoin. if anyone did, they did it as a gimmick and not because it was easier than using money currently. this news is a big nothingburger.
how much of the energy used to fuel teslas are made from fossile fuels? how much electricity does banks use?
still think he is good for crypto?
the tears here are fuckin hilarious
he is a very dangerous man. i’ll just keep typing that and getting downvoted.
have fun staying poor elon
manipulating price to buy more and pushing nuclear energy which should have been a staple for decades now. buying more.
lol the retarded propaganda on energy usage
he’s literally retarded. let’s move on.
there’s also no mention of them selling their 2.5b in bitcoin and if that’s the case, he’s still hodling. bitcoin is a good store of value, but not medium of exchange due to its high energy usage. one transaction uses as much energy as a the avg person’s month of energy usage (correct me if i’m wrong, i’ve read this a few places but never seen it rebutted). even though i believe 75% of bitcoin mining is renewable, that’s still 1 week’s worth of energy usage. perhaps it incentivized more renewable resources, idk. but currently, it’s very energy intensive. the current monetary system has plenty of inefficiencies and may actually be more inefficient, but idk how to even begin calculating all that. maybe somebody has a source? it’s very energy intensive to have zero trust system. it’d be unrealistic to expect bitcoin to be as safe as it is without any downsides. energy usage is that downside. maybe tesla will allow solar customers who now have to buy power wall batteries to mine bitcoin with excess energy that they can no longer sell back to the grid.
this is fucking bullshit. just like all eco-propaganda is covering something bigger i think some hedge funds are about to get liquidated and they have overextended their positions in bitcoin. also, this is probably why nano pumped while the rest of that market is down
this just screams manipulation, not genuine concern. why is not tesla this concerned for the environment while ripping litihium out of the earth? how long before tesla opens it is own "clean energy" bitcoin mining operation and they start trying to pump it again?
elon must really hate dinosaur juice to be willing to suspend btc purchases
tesla want to buy back the bitcoins they sold!
guys, in a few months musk will be waving the btc flag again. we just need his probtcpersonality to kick in.
anyone has any ideas what shitcoin is he gonna choose? it never sucks to make some quick buck
the support at 52k is really taking a battering but holding its line for the moment.
so how bid a carbon footprint does sending rockets into space make or do all tesla’s get charged using renewable energy. guys a hypocrite.
well he just advertised aspergers i wonder what other diagnoses he may carry. he is very impulsive and seems to have flight of ideas🤔
cuckmaster 8000. i fucking told everyone
no fucking wonder this price drop.
btc don’t need elon
great, can we finally all agree that musk is better off out of crypto? how pathetic is our space if he can move it .
this little maneuver is gonna cost us 51 years...
fuck, this is not good.
tesla is on my banned for life list as a consumer.
fuck elon. i had a tesla. the build quality was garbage. we need to drive up the price of copper and silver and other battery metals to fuck with him.
i think he became the most hated man on the planet. completely destroyed his own credibility. wow, i don’t know why i admired him. maybe i’ll change my mind when his rockets fly on green energy.
he probably shorted bitcoin before he twitted. for someone who claims to try to make things better for humanity he sure enjoys hurting people economically.
wait... you’re telling me that bitcoin uses *energy*? how come no one told us that before we bought 1.5 billion worth?
so then i guess the materials used to manufacture tesla’s batteries are carbon natural and don’t cause any harm to the environment. and then i guess tesla pays the workers who gather those raw materials a fair wage... what an inspiration.
if he did this in stock, he will be in jail rn.
he should stay out of crypto all together. what a jackass, soon btc is great again in his tweets and his dip buys gives profit
it's virtue signaling to polish tesla's image while the stock is down. if he truly cared he would sell his bitcoin. anything less is just pr bullshit or market manipulation or just for kicks. in the meantime he continues to hodl what he knows is an incredibly valuable asset.
i think that this is the start of tesla marketing their solar arrays to bitcoin miners.
i swear the god musk is manipulating the crypto currencies.
price will bounce back, may even go higher. bitcoin is king.
do you think a higher portion of bitcoin is mined with coal than the portion of teslas running on coal generated electricity?
miners should go solar to end the issue.
lol, people are saying it is a pump and dump even though they literally said they won't be selling any bitcoin smfh
i made a post about the questions i had about btc and it is energy consumption the other day (which i have deleted because everyone tried to make me feel like an idiot). someone rich and famous mentions it and thousands are shaved off the price in seconds. truly amazing the herd mentality.
i’ll take this opportunity to stock up on some more thiscounted btc. thanks elon!
hey guess what everyone, musk is kinda an idiot who just dicks around.
fuck sake. i bought £10 worth of bitcoin yesterday. fuck my life.
there have to be other motives. this statement smells like a poor excuse
he is just manipulating the value. probably buy the dip.
i thought y'all guys waiting for the dip? here we go!
that makes no sense. if someone buys a tesla and is mining btc lets say in milwaukee; to power the house to charge said tesla and mine bitcoin is using the same power grid…which is run by a coal plant. not to mention the fossil fuels to create the tesla in the first place…this is just another way musk and his goons are able to manipulate the crypto market. absolute nonsense!
still not selling my btc… this is an opportunity to buy more
i’m not an elon fan, but that was supposed to happen. it’s bound to make a correction every time it reaches an ath. the dip could last for days or months, but it will reach a new ath again.
lmao fucking clowns tied environment even here
i guess they will stop accepting fiat then as well
honestly. what a cunt.
strange to me how it instantly went down so much, i doubt many of those people were actually planning on buying a tesla with btc. also funny how he talks about environmentally friendly yet still mines for lithium...
the influence a person has on a "de-centralized" currency is absurd. remember game stop? let's buy shorts in tesla stocks and influence...
the guy is a shil and only is concerned about his personal interest. he's bad for crypto and tech do not change my view...
most of bitcoins power consumptions is indeed from green sources
lmao btc does not need tsla
i heard tesla were going to stop accepting fiat citing how much energy it takes to run.
i bought the dip. thank you tesla! i no longer care if it’s ’s actually 1 btc = 1 btc. i can afford more on a big dip. 21 million coins that’s it. use the negative noise as a buying opportunity.
lul. the dip was such an over reaction it’s not even funny. buy that dip! like how many people are *actually* using btc to buy a tesla!? … exactly.
he tweets that and it’s down 10% overnight 😂
that's fuckin stupid. why woul people sell because of a tweet from someone? they do not listen to tweets from others. he literally just came into crypto
it's high time that we realize that elon is pure evil.
you wanted to buy more? now is your chance. thanks elon.
hope bitcoin crashes to 100 a coin. 💪
is it just me or this is market manipulation for profit?
how many people bought a car with crypto ?
bought the dip :d.
he is right. bitcoin uses way too much power. just look at the mining done in iran for example.
this is probably good on the long run, nobody should have this much influence in bitcoin or crypto as a whole, if elon stops being a crypto god in the eyes of the masses it’ll be a good thing. bitcoin should be able to stand on its own.
i will never buy a tesla, in fact ill short the shit outta it when the stock market goes to shit eventually. elon is a pump and dumper, so obvious the sec should get this fat ass
btc being linked to elon is problematic for so many reasons. eggs in one basket...
good. proof of work is completely ridiculous. this will do nothing but strengthen the space when they take the training wheels (pow) off. the only people who want to keep pow mining are... the miners... but honestly, those glorified dice rollers do nothing for the community. mining does not contribute directly to the throughput or security of the networks, beyond a point it is the value of the asset that secures the network and mining is just wasteful. pos rewards hodlr's and users... the only time i hear about miners is "the miners are dumping again"...
why all the chilthish conspiracy theories. tesla (not musk) is obviously feeling the pressure from environmentalists, whether from the government, their own staff or investors, so they felt the need to take action. considering the possibilities, this is a pretty limited step. let's hope it stays that limited. buying cars is not bitcoin's core business. we really need some better answers to the environmentalist attacks. mining is a very efficient way to convert electricity into heat. why not do it wherever heat is needed. that takes away the waste of energy argument.
elon clearly doing this to appear more favourable to the biden adminstration as tesla seeks to be a renewable energy credits broker. it has an application in to the epa right now that is under review. if they get the license, they will be able to sell tax credits and energy credits globally.
btc is like a defiant child, i fully expect btc to rise just to spite this dude attempting to manipulate it.
so, this guy endorses bitcoin, the price spikes, then he sells for million dollar profits and now he criticizes bitcoin. he is a slug.
when i said that musk could convince the majority of btc holders that his shit does not stink, i got downvoted. it only took 1 tweet to take away his god throne. congrats on riding on his pump and dump scheme on the decentralized currency that is affected from what a man tweets.
no shit, it is a pump and dump scheme
musk is probably buying the dip
lithium mining is even more bad for the environment. elon, are you talking shit?
maybe i'm a bit paranoid from the whole hybrid war thing, but this seems like a trolling on a professional level. ceo of a company found a seemingly controversial topic, managed to piss off both sides of the argument while making a shitton of money in the process. well played, elon. well played.
i wonder how much money did he get out of this
wonder what the real reason behind it is
bitcoin is on sale today! thanks elon!
funny. and who considered it - **how many electricity consumes the entire banking system** of the world and how much carbon is thrown out? i speak exactly all expenses, such as: offices of banks, air conditioning, computers in bank departments, transport staff to work and back, transportation of customers to the bank and back, production of advertising booklets and postage of banks, advertising production and its broadcast, cit vehicles, atm machines, data centers for banks and other, other, so on... here, you must also take into account the carbon emissions for the production of paper, which is consumed by the banking system (contracts, account statements, etc.)
what a joke, the electric car industry the cycle of making a car starts with raw materials being extracted, refined, transported and manufactured into several components that will be assembled to produce the car itself. this process is very much the same in both conventional and electric cars. nevertheless, at the end of the manufacturing process, electric cars are the ones generating more carbon emissions, large batteries that have high environmental costs. this happens because these batteries are made of rare earth elements (ree) like lithium, nickel, cobalt or graphite that only exist beneath the surface of the earth and therefore depend on mining activities with very polluting processes. edit ps i just got banned from elonmusk sub for thiscussing this an how 74% of energy used by bitcoin is renewable haha 🦧
so elon is shorting bitcoin this week i guess.
biggest load of bullshit. but hey elon, honey badger give no fuck about you
what's the cost for the environment when thisposing of an exhausted electric battery?
thanks elon, and now stay out! btc doesn’t need him!
musk has too much influence and jokes with millions of investors' money. his false claims thiscredit the crypto world. he deserves a mighty "short tesla day" -.-
tesla buys btc, musk hypes it. tesla liquidates enough to post a fat profit, musk tweets against it, tesla re-buys low. not a rocket science. would be interesting to see his personal holdings..., but those are technically decisions of his money managers. him having fun with dodge, however, would fuck way more people. well, having your ego constantly in hyperinflation is painful. but is it a valid reason to forgive him?
so what ? elon was always a manipulator we are not here for him and was in way before him 😜. added some more
elon just declared war on thousands of rittards on reddit.
remember, visa will still buy your debt out with bitcoin. so... just buy a tesla with visa, then pay visa with bitcoin. done.
imagine selling electric cars and telling people that bitcoin consumes too much electricity. imagine thinking bitcion is wasteful compared to the traditional banking industry. i hope that people realise sooner rather than later that this environmentalist thing is a totalitarian plot. they tell you what you can and cannot do with energy and money, how to run your life, and it is about as arbitrary as it gets. science my arse.
breaking news. how big is space x carbon footprint?!
this thread screams denial. i get that everyone here loves bitcoin, but the fact remains that proof of work isn’t sustainable
i wish this would be the final nail in his credibility coffin. i am so pissed off that i am not even arguing against his moves. if anything i am angry about the crowds of sheep which are blindly eating his shit.
elon is illuminati and not on our side.
the more he does this shit the less and less credible he gets. good.
"tesla is not selling bitcoins", and not "tesla is not accepting bitcoins to buy its cars"... they are hodling bitcoins!!!
don’t understand why so many people panic selling if you actually read elon’s tweet he says tesla is holding their crypto not selling, damn paper hands, go broke!
energy consumption is the mark of any advanced civilization. of course elon is welcome to live in a mud hut somewhere to save energy.
elon literally said it. “we are also looking at other cryptocurrencies that use <1% of bitcoin’s energy.” someone needs to look into any and all crypto’s that fall into this category. also, knowing elon’s cryptic tweet history, he’s definitely alluding to tesla creating a new way to mine bitcoin with renewable energy. i don’t doubt for a second he’s already planned it out.
he must have gotten pressure from a shady figure. maybe the biden admin, but someone powerful no doubt
pretty sure that elon knows that more “dirty energy” is consumed charging tesla cars than bitcoin mining. bitcoin uses more clean energy than tesla cars use dirty energy. fact
elon’s just buying more as the price drops
just another opportunity for him to buy cheaper btc
elon is just tanking the price so tesla can buy back in and cover that 10% they offloaded
he has too much sway. he can literally destroy bitcoin and prop up whatever shit he wants. which coin do you think he pumps next?
does anyone else think that tesla is just worried that bitcoin has hit a top, and they do not want their payments for cars to depreciate during the entire bear market? i predict that once the price hits a new ath they will all of a sudden say they are fine with bitcoin again.
you're not convincing me that the 2nd richest person on earth did not knew about the bitcoin energy consumption.
fahq him. bitcoin no longer accepts tesla.
he's juar a car guy minding his car business. folks here love him when he pets bitcoin and hate him when he kicks bitcoin. get. over. him.
if he was really concerned about the environment he should then stop accepting us-dollars.
you'll never look at elon the same after this
hard to imagine this is anything besides elon using his platform to drive the price down in order to buy more before the eventual breakout from the range we’ve been in since he drove the price up in february. hate that he can impact the market like this but in the end it’s only short term moves, doesn’t change the long term picture at all.
although i am hoping the increasing use of renewables will make bitcoin greener in the long term, i think it is important to note that one of the motivations for proof-of-stake instead of proof-of-work was lower energy consumption. from the peercoin whitepaper (that pioneered proof-of-stake as long ago as 2012): a peer-to-peer crypto-currency design derived from satoshi nakamoto’s bitcoin. proof-of-stake replaces proof-of-work to provide most of the network security. under this hybrid design proof-of-work mainly provides initial minting and is largely non-essential in the long run. security level of the network is not dependent on energy consumption in the long term thus providing an energy-efficient and more cost-competitive peer-to-peer crypto-currency.
lol so have less transactions and the same emissions. so is he going to stop producing electric cars now because they consume the same electricity bitcoin mining does lol
this is the sound of a bubble popping
so people want something of value, without having to expend any effort?
buy the dip. we will bounce back.
elon should really be sent to jail for the amount of manipulation he causes it’s ridiculous
elon musk is a fucking moron after all. i'll admit i did not thislike or thistrust musk like many people here, but you guys were right the whole time. pump and dump opportunistic piece of shit. selling all my tesla stock.
i'd still rather buy a tesla with my btc profits than a lambo, any day of the week...
i keep on telling people elon is just a financier, he’s not a tech guy, he’s not an engineer, he doesn’t design rockets, he’s a morden day rockefeller who likes memes
elon musk is not our friend. he is a cunt billionaire with a collection of personality thisorders so large he keeps them in a subterranean garage
btc is not a crypto currency! it is a crypto asset! finally people start getting that. the main goal of btc is store of value!
bitcoins energy consumption is a huge problem and so many in this sub fail to realize that.
funny coming from a guy who makes cars that are worse for the environment than the gas guzzling options we've already had.
he's not wrong. bitcoin is horrible for the environment and that will trigger regulation. it is the biggest threat to bitcoin rn.
i just got annihilated, thanks elon lol
makes sense. bitcoin is digital gold so it is not meant to be used, just hodl.
elon is volatile like bitcoin. it will recover and i am sure tesla will add it back again.
lol elon, king of pump and dump
wow. [good thing i bought my tesla with bitcoin]( before this was announced.
as much as i think bitcoin should move away from proof of work due to environmental and efficiency concerns, surely elon knew of this when he accepted bitcoin as a payment option. this looks more like a political move to please environmentalists
we know that elon likes to twitter troll to move prices in his favor. it could be that tesla is prepping to convert the rest of its balance sheet to bitcoin
it's because he hosted snl and had a few real human contacts with folks on the show that had this on their list. he said when it is mined more sustainably he will reverse. china makes more solar panels than anybody, they should be up and mining bitcoin 100% solar in about 2 weeks.
yeah this is the reason why crypto currency will never become something, and why it is a unnecessary way to fight modern currency control and inflation. you do not want the value of the currency to be owned by the governments(which is good). but know it is owned by public figures instead and have even more fluctuation and more unexpected dips. if one man can tweet and change the value of a currency by 10 000\*really\* decentralised in the intended way.
i'm tired of this mentally unstable billionaire causing a ruckus just cause he is bored and off his meds.
just canceled my model x order, bummer.
thanks elon my order filled at .6k nice shit talking about nothing, all just noise
pls don’t hang me for this. but barry silbert, founder of digital currency group (coin desk, gray scale etc) has recently announced that he is shorting the four legged coin and arrogantly telling people to sell their four legged coin in exchange for btc. i believe this pissed elon off. the day after silbert announced his short position, elon tweeted a poll asking if tesla should accept the four legged coin. overwhelmingly, the people said yes. and now a day after the poll, tesla stops taking btc. elon knew of btc’s carbon footprint but i assume he’s now using it to switch from btc to the other coin as a form of payment.
thanks for the cheaper bitcoin elon.
tesla is irrelevant compared to bitcoin.
so tesla uses less electricity than bitcoin?
no one here even acknowledging any of btc's shortcomings hmmmm...
been looking to sell up for a month but instead of following my gut i spent my time reading and debating on here. missed the chance to exit and i don’t see this getting anywhere near ath again this cycle. i guess the good news is the decision of whether to sell all, sell half, hold all for interest etc has been taken away. i’m not expecting a massive crash now, maybe range between 30-50k for 18 months. i’m not prepared to sell at 30-50 range and then be hit with 20% capital gains tax so it looks like i’m holding for 4 years. one thing i will be doing is deleting all my crypto apps and even reddit app and switching off for a while. back in 2023 pre next halving. good luck guys.
elon bro, you're over thinking it. crypto is going to out perform the market in the long run. unless there is gonna be some global government seizure this year.
what a shitty person...bitcoin mining has been what it is for over a decade now, this is really underhanded and manipulative. the death of the elon musk cult of personality, in a single tweet.
just dumb saying “because of the environment” while btc only using nothing on energy compared to every energy form (gas, oil...) consumed on earth. also he selling cars what produce the same co2 footprint, jus on the other side of earth.
funny how all these bitcoin holders are salty.
he's funny, his rocket will be for water or wind? and battery's from tesla are help save the planet? people like him do not want we hodl bitcoin they want all bitcoin few years ago elon says: my dream is everyone have universal basic income :) just hodl and do not listen people like him
any electric car company needs to look closer at where the energy is going to come from. bitcoin is a competitor for energy to teslas own vehicles. making tesla ownership more expensive, as well as increasing everyones energy costs. at a time where electricity use is climbing through a change from petrol and diesel cars to electric. it makes no sense to increase energy use in bitcoin.
i hope bitcoin dies. not for the sake of ruining cryptocurrencies, but for the sake of everyone. the mining costs so much energy and graphics cards that each could have made someone happy, but were used to create a neglegable amount of money
imagine having so much power that 1 single tweet is responsible for such a wild change in value. its about time you wake up people. bitcoin is not decentralized and is controlled by the whales at their own will.
use algorand boys! that's the future! it's eco friendly and all!
the environmental concern is a fair point in itself, but the idea that musk was not aware of that issue when he started buying bitcoin some months ago is simply preposterous. if i am not mistaken, many actors in the field have been working since quite a while now to reduce crypto's ecological footprint.
doesnt this loser have anything better to do with his time. fuckign sack of shit. hope he gets run over by a tesla
this may be the case now, but in the end, it has a finite amount of emissions from mining. i think in the big picture, people are failing to see that. there’s going to be some emissions to start but once all coins are mined, that should be it. unlike coal which will seemingly be mine forever and emissions from paper printing which will also be infinite. a better press release would have been to point this out and“today has more emissions than the alternative” rather than a 5-10yr analysis.
wtf is up with you guys, calling elon an idiot or worse. he is not evil because he is rich, get over yourself. i believe tesla will be offering more crypto, which is good for the industry. i also believe they in the future will work to make mining of bitcoin even more sustainable, which is very good for bitcoin.
tesla is so mismanaged, that it has never turned a profit in its 18 years of existence
finally, tesla is supposed to be about clean energy or something
thanks for the little sale, think i’ll scoop more. really though, this is very contradictory and maybe even hypocritical.
looks like alt season is extended.
live by elon, die by elon.
elon wants to buy more cheap bitcoin
so was this just a pump and dump? i mean they must have been aware of how pow works before investing right? they did do *some* research right?
that's a lame excuse. if he is into bitcoin he should know all this environmental talk is bs.
it’s nothing a zinger box and a wank won’t take your mind off
so, what exactly is tesla?
for being so intelligent... he sure took his time figuring out what pos is...
the fact that he is able to manipulate you fools into selling is thisgusting. elon sucks. doing this knowing that btc does not consume that much energy (relative to other thinfs) is pretty ignorant on his part. specially after pumping d coin for momths... fuck elon
wtf people trust this fellow... does mining doegecoin make the env green ? how can ppl not see through his shit. i wont be surprised if he dumps all btc tomorrow.
tesla is going to use btc for what is meant to be used, as store of value.
do people honestly believe they did not do their dd prior to purchasing? this is smells funny
i made this post 3 months ago but go no traction. feels like it has some relevance right now.
michael burry tweeted something about hyperinflation and claims the sec "paid him a visit". elon makes comments about dogmoney and it goes to 80b valuation, but i guess no one in the govt will care since the guy is clearly a protected govt. stooge anyhow.
seems pretty idiotic. it is not like the banks that process traditional finance streams are not using just as much electricity if not more.
the narrative is in play
it will be like gold and we do not use gold for purchases. that's why they are not selling it, yet he will be praisef when his tesla company supply's all the power to mine btc. he has to enhance the problem to offer a solution, the solution will be his power blocks that hones use for solar energy. his tesla company will buy even more at a thiscount. dont panic it is all a plan and he is a billionaire for a reason. see how he said tesla would not be selling... yeah - they will be buying it at a thiscount.
tanking the price to buy some cheap btc
and the million dollar question is... which are those other cryptos more energy efficient? i'm not saying that there are not, i'm just hoping to have the ones elon will buy, as that will create a natural pump!
tesla power blocks people - dont panic - he is enhancing the problem to offer the solution at a later date. he will make more money off of his power supply products that off bitcoin itself... watch... guy is a genius ...
can this dude just shut the hell up already?
he has just shorted btc, and will buy back in super cheap 👍
why would you buy anything with btc? that’s just dumb🤨
i can only imagine he is getting a lot of pressure from the board to halt bitcoin sales when the price is going down... when its up i am sure they love bitcoin.
til mr. musk is in fact not the smartest guy in the room. bitcoin is incentivizing the development of green energy at a rapid rate.
i just put a chunk of fiat into my exchange too, as the price dropped. buying some more.
thanks elon, i'll get some more sats plz.
the good thing is btc is 24 , everyone has had a chance to do something already, small decline so far. these days typically immediate drop, then overshoot and recovery. lets see if it bleeds, i am in far enough need to just hold and wait it out.
excellent news. time to load up. next week he will pull some other bs and say it was all a joke and the price will rocket back up
why tf did elon buy bitcoin to begin with then? didn’t even do their due diligence.
this month is going to be interesting.
this is possibly an excuse for elon to start mining his own bitcoin and.
that's good, right? btc will still be around, you all believe in the concept, not the price and this news will cause less resources be used for it.
does elon get off on fucking with people and making crypto prices go up and down with a single tweet?
don't ever underestimate the power of central banks to squash their competition!
he planned this so it could tank and he could pick up more at a thiscount. billionaires use their fortunes as cudgels, it is their bread and butter.
how is this sort of behaviour legal? feels like flat out crypto market manipulation.
blahaha what happened to the elon fan boys now
will someone please let elon know there is going to be 21 million bitcoins, with or without him, so his excuse is lame and we get it, it was just a hustle...
elon is not the average mans friend his in the 1% club... fools
thanks for the thiscount elon.
he made millions on tbc and now say this, he lost my respect
this sounds like elon setting tesla up to mine bitcoin with solar energy or something. musk: *buys some btc* “you guys, bitcoin is awesome, buy our cars with it!” bitcoin: *shoots up 20%* musk: *sells some bitcoin* “oh wait, actually bitcoin is awful for the environment and we’ll no longer accept it.” bitcoin: *plummets* musk: *buys some bitcoin* “you guys oh heck, wait nvm, we solved the whole bitcoin energy problem thing, bitcoin is cool again—buy some cars!” bitcoin: *moons*
all you should take away from this is tesla wont be selling bitcoin.
i wouldn't be surprised if tesla buys another 1.5 billion. his tweet puts it on sale for them.
regardless the source of energy, bitcoin still use a massive amount of them. even when bitcoin mining is mostly renewables, those clean energy could replace fossil fuel for other uses. there are alternatives like pos which requires very little energy.
probably because nobody was doing it, it’s why they are keeping it in their portfolio, but you’d be insane to give bitcoin…the biggest growing asset on earth to a car…cars deprecate insanely fast.
i didn’t get into bitcoin because elon said’m not leaving because he did. nothing fundamentally had changed. i’ll continue to hodl regardless of one man’s opinions and actions
wish i had some more fiat to buy this dip
in the long term this could be good news - moving to a pos mechanism !
what an idiot looooool…
where my cheap sats at? i'm ready to sell my kids
lmao wat? bitcoin mining is bad for the environment... do you think he cared about the environment when his dad was mining diamonds? what about actual fucking oil drilling and pipeling building... i sure hope this douchebag is using his influence to stop the creation of new pipelines that still threaten so much of our wilderness here in us and canada! what a joke
so that is what happened.
okay, so what other cryptos don’t have this problem? we drive cars, fly planes, shipping barges across the ocean. but bitcoin bad, nft bad lol. not selling but what crypto is free of this problem everyone has latched onto?
using the term “fossil fuels” just shows ignorance on the subject
mining a ton of lithium requires 500,000 liters of saltwater. but thats fine?
so the guy who literally shoots rockets into the stratosphere and dumps all the co2 there, complains about bitcoin mining? seems legit ...
took profits in some alt coins last night, feels good man
damn got out just in time lol i just wanted to buy more amp at the time. was eventually gonna jump back in, this is a good time!
bitcoin never needed elon
making the price dip so they can buy more btc
this makes no sense. how could tesla not have done their due diligence before jumping into bitcoin? this supposed concern was already very present when they announced accepting btc payments. this whole thing is peculiar and suspicious.
dump and pump con man.
and now starts the downward trend. next year papa john’s will sell you a cheese pizza for 3000 btc
all those people crying in the comments... market manipulation or not, it seems like that some people here still have not realized that bitcoin remains digital gold and thus is volatile.
please stop supporting that man. stop doge nonsense too.
[i was joking about it...](
it’s a non-debate that bitcoin costs a lot of resources to produce but it doesn’t actually produce anything of actual value. kind of the elephant in the room
we are preaching for a decentralized world... and everyone seems relaying on one only centralized man. how can we call this? hypocrisy or stupidity... which one is worst? probably both.
i replayed to elons tweet: "you are manipulating the markets with your twitter power. educate your self. btw your snl appearance was painful to watch" ...and i was banned from twitter for 24 hours for violating their terms... ' wtf?!?
sell sell sell sell
thanks for the thiscount elon
i wonder about how much fossil fuel his rockets use.
meanwhile, testing those “clean energy” rocket on a regular basis.
classic elon, spread fud and hit em with the ole pump and dump razzle dazzle!
his cars work on the same principle
elon wants to buy cheap. he caused this dip on purpose. he am not that stupid. atleast we will see. buy the fracking dip
buying the dip...twice! both at roughly 47,800.00. keep talking sh!.
so will he stop selling electric cars to people who live near places that dont use green energy?
breaking: tesla will not accept fiat of any kind, because the banking system, bankers & money-issuers yachts and private jets, and governments that back up paper money are consistently using fossil fuels. we are also looking at any fiats system that uses 1% of bitcoin's energy, which is non-exist.
btc is on sale. buy up and hodl what you already have
elon needs to take his medicine
he’s a phoney baloney.
does spacex use electric rockets to get to space? does elon fly in private jets? how much green house gas is emitted when a tesla burns to the ground kill its passengers?
elon giveth and taketh. hope he leaves btc for good.
lol elon. this argument (that bitcoin is is somehow environmentally bad) is as old as the dinosaurs and has been blown to stardust, which is more ancient than the dinosaurs. of course, if he was serious about improving issues around mining and decentralization and power usage types, he would probably already have invested in equipment from as it is, this (tesla suspending vehicle purchases using bitcoin etc) is probably just a price influencing move so that he can buy more bitcoin cheaply (wait for a price advantage then buy more) then flip-flop again. it's not even a response to the complaints about bitcoin from woke groups with identity politics in crisis over the fact that bitcoin transcends their politics (which is just as well, since they do not deserve a response). the sad and ever-changing position here is actually a consistent one: that he will take any public position imaginable so long as it is profitable.
imagine how obnoxious we’re gonna be when bitcoin tears to 100k in spite of elon 🥳
he has way too much influence on bitcoin, he says one thing and it spikes 20% he says one negative and it drops 20% he said “tesla will not be selling any bitcoin” i bet he is driving the market down and he will buy another billion at 40k. the guy is terrible for crypto.
they get this legit 3 months later?!
looks like crypto is not as decentralized as people thought.
tesla next week: “we’ve made 9 billion on new bitcoin investments”
key phrase tesla not selling btc...hes just trying to get more btc...and look it says we intend to use it as soon as mining transitions to sustainable...welcome to fud boys!
invest anything and lock it up there for future reference 😃😃
hmmm a lot of whales in that black rock.
but doge is ok? is doge mined by fairies in the magical forest?
wonder where they think the power to charge their cars comes from 🤡
literally bought .37 btc right before this news broke. ugh. oh well!
elon the felon never liked him
my goal one day is to so rich a single tweet can make a trillion dollar asset go down 12% in an hour.
how many people were going to use their btc to buy his non-ecofriendly vehicle - not many. it's called store value so move on.
get ready for an elon, created by overlord elon himself
trying to buy the dip and coinbase is having "issues".
will they also stop accepting fiat as payment for the same reason?
he has children digging out lithium
they are driving the price down for a reason, so buy low.
it's all a ploy to drop the price, so he can buy more at a reduced rate...
why are people so upset? he´s literally saying they´re not selling any bitcoins. they are just not accepting bitcoins from people who want to use it to buy teslas. how many people use bitcoins to buy teslas? did they write anything about not buying bitcoins? jeez this overreaction is like when a ceo sells stocks in his company and the market just flips. you´ll see bitcoin rise from this for sure. and elon is the one who profits.
the only explanations for this i can think of are a) elon is a schizo b) he never read more than one line of text about bitcoin c) his twitter got hacked
this pos bought then pump, sell and poop then scoop. repeat. good times, good times.
retarded people getting really pissed with all the elon comparisons now.
lose to a tweet and tried buying on coinbase at 47k and didn’t get through until 52k. the grand hustle.
be rid of the psycho shill. you saw him bopping around on snl right? head case
it's already back over 50k
yup he is another greedy whale, got his profits and now.pulling out
it’s probably because not one person even dared to spend bitcoin on a car
elon musk can say anything he wants. the problem is with stupid crypto buyers.
kicked in my diamond nuts.
gives his wife panic attacks...
i'm only mad he got into bitcoin with 0 research, the dude never had any respect to begin with
elon is making a fool of himself.
just lost nearly all respect for elon.
no one would really buy one with bitcoin unless they are trying to avoid crypto tax
don’t the production of electric cars use much much much more energy than gasoline cars until they have been driven 10-15 years. not hypocritical at all elon.
elon needs to shut the fuck up.
this comment makes no sense, how are you concerned about fossil fuels all of the sudden, when the very thing you need 'electricity' to power your tesla cars comes from fossil fuels?!!!
whoooooo caresssss? cuban, musk and ackman are not crypto gatekeepers. they are fiat boomer attention whores.
well, he is not wrong.
how is dogecoin, another proof of work crypto, any different that bitcoin? elon is a schmuck.
wow that killed any growth potential for this summer. maybe bitcoin is gonna stay around 45 for a while. it is funny that a lot people who own bitcoin are the ones who are so progressive either the environment.🙄
at least in my country most electricity still comes from coal so to charge your tesla you use mostly you know ... coal energy... and i doubt it’s different in most other countries
if elon hates coal this much, wait until he finds out where the electricity for his precious teslas comes from. love how he pretends to give a shit about the environment. he knows that teslas are horrible for the environment, has 7 kids, and isn’t plant based. he is brilliant but so full of shit. doesn’t help that he has flocks of sheep up his ass.
lol i’m happy if all of you guys are fucked with the hedgies and blaming it on elon.
he's just fucking with the price to pick up some cheap bitcoin
f tesla and their crappy cars. worst rated of all cars in quality...guys nothing but a con man
riiiight because making those teslas has zero environmental impact.
how much energy does launching a tesla to space cost again?
i do not buy the explanation that this is due to concern for the environment. besides the potential motivation to drop the value to buy more immediately, why do you think he is doing this?
alternative theory: tsla was majorly shorted by certain hedge funds last year, and musk knows this and hates them. with recent inflation news and stock market volatility, he could be trying to tank the *hedge funds*' liquidity pool. remember the 'gamestonk' and 'i am become meme, destroyer of shorts' tweets? not trying to defend him, just offering a different perspective
if that was not a twitter hack then he should gtfo of crypto. his d o g e crap and now this have rekt a lot of good people (do not say it is their own fault - not everyone is as clever or experienced in crypto as you). we need more adoption in crypto but now they are leaving with a bad taste and negative stories to share with friends and family. this misinformed fud from such a high profile person is thisappointing and negligent. i naively expected better from visionary leader like him, just goes to show how gullible i am.
ya know, were all getting tired of elon just playing with people's emotions. he's emberrasing himself as stepping into this role as the "leader of crypto". he is not the voice we need.
it’s irresponsible. foolish move
another pump and dump, great...
paper hands elon fks us again
crypto is better off without the attention whore
its not cause it decreased!
eff the megalomaniac musk. hold!!!
keyword is “suspend”. he’s essentially shaking the weak hands. buy the dip!
did anyone actually make any payments to tesla with btc?
we have suspended vehicle purchases of tesla. we are concerned about rapidly increasing fossil fuels for charging tesla vehicles, especially coal, which has the worst emissions of any fossil fuel and charges most tesla vehicles. tesla is a good idea on many levels and we believe it has a promising future, but this cannot come at a great cost the environment. we will not be selling any of our tesla vehicles as we intend to charge and drive them as soon as most are charged with more sustainable energy. we are also looking at other electric vehicles that use < than tesla’s energy in battery mining and charging. [my response to elon ](
we should inform elon that liquid sidechain does not consume energy and he can accept bitcoins through it
this is the most hilarious and most worrisome crash. tesla sales were not a major fixture of bitcoin, ever, and it shows you how much this currency is ballooned on faith.
yeh bitcoin mining does waste too much power. they will look for an altcoin that’s easier on the environment
the classic musk pump & dump
he’s really just concerned about btc volatility. moass looms on the horizon and hedgies will sell btc to raise cash.
meanwhile jack from twitter is arguing that bitcoin encourages renewable energy. when did jack become smarter than elon?
elon, it turns out, is not that great for crypto.
doesn't it take fossil fuel to make the electricity to recharge their batteries, and what about the fossil fuels used to mine the raw materials that are used to make their batteries?
if people were going to use their btc to buy a tesla, they would have done it already...making this change pretty much just lip service.
can we just for a second talk about the banks and the necessary energy to move og currency? can we get some numbers on this?
the environmental pollution projection is hitting orbital levels. what a clown.
his trolling is getting dangerous now.
in other news, honey badger doesn’t give a shit what elon thinks and is at ,000.
of course as soon as im ready to dip my toe in crypto this happens
where do people think the electricity comes from to charge those tesla batteries?
stop crying and buy the dip...
final shake out before the next leg up? why do they always cover technical downward movements with fud?
maybe tesla is setting the stage for a mining rig that hooks up to their solar and home battery and mines bitcoin once the battery is full so you are not leaving solar energy on the table. feel like elon is overhyped tbh, he is got a lot to live up to at this point.
and ... another tesla crashed recently, nice way to thisfuse attention by controlling the dialog around tesla by manipulating the market.
people selling bitcoins for a dumb reason
end result: people sell btc on markets to buy whatever coins tesla takes, using 101% of the energy
lol. future of currency my ass
maybe he is doing this for us so we can buy in cheap.
it’s not bitcoins fault we don’t have clean energy. by this logic we should stop selling electric cars because people are charging them at home using dirty energy.
something weird is going on 🤔
why use your bitcoins to buy a depreciating asset anyways
r you kidding me mr. musk!!!!????
best news i've heard all week.
guess i‘ll have to settle for a lambo after all.
fuckers. i have ’ve managed to convert into some amount less than that. now i’ll definitely never buy a tesla. only gas guzzlers for me!
the major risk is not tesla but consumer facing companies like paypal being pressured to greenwash as well. if this is all over the news with paypal and gang asked to comment about the dirty, dirty business of transacting in bitcoin, then a lot of this year’s gains built on institutional adoption will fade i think.
he's just trying to dump the price so he can buy more. don't believe it for a second.
this is the best thing possible, elon looks like an idiot, he just turned his back on a trillion dollar economy, and we get to buy cheap bitcoins. if your bitcoin position is based on the tweets of celebrity, then you should not be in bitcoin
probably because the batteries are going yo hurt our environment more, thats why im not gonna buy it. i changed my mind
he also declined bitcoin
manipulation at its best, or his handlers told him to send this info out after the brilliance of elizabeth warrens due diligence earlier this week.
this was very odd they had to have known about the energy prior to accepting. i sense some game theory at play.
thanks for the sale papa elon. <3 u
musk is out of control! screwing us using his tweet!
hahahahahahahahahahahahahahahahahaha... what did you bitcoiner call him? papa elon!! lol, papa gave you guys lollipops ...suck it!
elon musk tweets like 20 times a day and has not made another tweet since. his twitter account got hacked and the hacker tweeted this. i'm calling it!
in other words, musk: "suckers! bawahahhah!!"
elon logic: it’s ok to bash bitcoin, satoshi is dead... wait... and that’s after pumping it
catherine woods: "suckers! i just sold all my ppositions in spce. bahahahwhahsjsh!!!"
keep sweeping the problem under the rug and it will never get fixed. the denial among so many people is frightening. how we acknowledged the problem from the get go, we could have been working on it. but people prefer to ignore it.
haha fu barry silbert!
he finnesed idiots is all that happened. it’s pretty obvious he pumped and dumped.
this is good for bitcoin. ideally, i would prefer a situation where tesla (and other companies) accept ethereum, dogecoin, etc, as payment for their products but retain profits on their balance sheets in the form of bitcoin.
i feel like he’s just rebuying what he sold earlier this year.
musk is here to fuck those who got rich because of crypto! just look at all the currencies... all down right now because of this one tweet.
he's a bipolar moron
looks like the useful tool has outlived it is usefulness.
this means tsla wants to buy some more bitcoin right now.
bitcoin mining uses electricity, i guess we should not be buying a tesla either.
i wonder how much energy dollars use to make. cash and digital currency. all that effort that goes into making safes, all the security personnel, all the vehicles used to transport it etc. then all the cyber security efforts. makes you wonder.
in order to be competitive miners seek out the cheapest source they can for energy. they are largely run on renewable, stranded or wasted energy sources.
we need to all get together and get those mother fuckers using coal mines
yet he did not sell his bitcoin...actions speak louder than words...he is probably stocking up on some thiscounted bitcoin as we speak
they would not sell any bitcoin. does using bitcoin as collateral then short it count as selling?
funny...he bought...says they will accept as payment for cars...price went up...no we arent going to accept now...price goes down...he probably swept in and bought more, lol
what about the batteries and electronics for making the car?
well considering tesla is not making money from cars and instead relies heavily on selling "carbon credits" (whatever the hell those are) to generate revenue... investing in carbon-intensive "coins" would probably blow up their business model.
was anyone actually using bitcoin to buy tesla? i’d be interested to see the numbers. appreciating asset vs depreciating asset.
just looks like your have to buy a bentley or lambo - damn - really had my eyes set on a tesla 🤦‍♂️🤣
weird, it’s like he’s a liar.
...aaaannnnndddddd bitcoin is crashing. has gone down nearly , 000 since
it must be so convenient to buy the dip when you get to make the dip yourself.
that really sucks due to the fact a lot of my motivation from buying bitcoin was to eventually buy a tesla with it. what company invests this much to then just turn around and forsake it.
"i am become meme, the destroyer of shorts."
hopefully elon and his dad can get together and come up with some ideas here. both of them have experience in getting free mining, right?
they probably weren't selling enough teslas this way and decided to pull it before people asked for data. his actual reason is blatantly fake 🤥
bitcoin: \[dips to 47k\] tesla: uhh yeah we would not be accepting bitcoin because we're worried about greenhouse gases
that's very sad news
good thing i have 7000000 hex
i just bought it when it was high. now price has fallen. my investment has become negative as of today. but i don’t have much to spare so won’t be buying dip. but will be hodl’ing
tbh this is simply elon giving hedge funds the middle finger. btc on sale, buy more.
i cannot believe this is a statement made by a company with a market cap in the hundreds of billions. it's hilarious. like, for real?
i just bought some
good, the environment is more important than money.
good riddance of bad rubbish. he had thisturbed the natural growth of the coin and made it dancing on his tweets.
high gas and environment ooof there is a coin for that...
i have thought about getting a tesla soon. but after this i’m going for an volkswagen id 4 instead. i feel betrayed by the meme-king.
good time to buy
it's so sad to see that the whole btc market inherently and exclusively depends on sentiment. there are no other fundamentals that give it value. i really wish there was more development to simply tackle these issues like horrible energy efficiency or upcoming security risks from diminishing block rewards while transaction fees cannot replace them at current block sizes.
tesla- biggest game player. he is playing with all of us.
it's strategy. he has to hate it now.
that lasted, like what a month. color me shocked.
elon is the man, you all might as well put on your blue ties with these comments.
how electricity is produced. coals
damm coin, hike 65k+ and drop below 48k too. bitcoin ruined many people savings back in 2016, if that repeat again millions of people will lose everything
it's just an excuse to hodl so tesla does not have to sell and deal with the sec also you can still finance a tesla with bitcoin and this way you get to keep your bitcoin.
i guess he find out about chia ;)
csn i have one bit coin please?
musk melon is sus.
before criticizing elon, please take note that as a public company tesla answers before its shareholders, it is not 100% elon's ownership. he cannot do anything he wants with the company. he has to play by the market rules and my guess is that btc may has become an issue at some point.
we can see the musk's declining curve starting right there.
it would be more convincing if they had actually committed to selling their coins. good fud opportunity to buy on.
ouch that is huge
who the fuck has bought a tesla using bitcoin?
he’s extremely bad for crypto. of course he seems like thé front runner, the god-father of crypto, but all he does is pump and dump coins for his own gains. he treats it like his own personal toy to play with. he is no better than all the old billionaires, just an egocentric self-absorbed narcissist who doesn’t give a f about you and me or the community.
[here’s a theory regarding hedge-funds, gamestop, and elon musk (the destroyer of shorts)](
lol as if musk gives a fuck about wastefulness
i doubt this dip was caused by elon alone... all cryptos dipped today. giving elon too much credit here imo
it's because of him cos btc led the 20% drop
did anyone noticed he posted a picture instead of text? it could be to stop bots from triggering purchase of bitcoin, as i remember someone had made a bot that purchases coin when elon tweets.
i'm just curious. do they have numbers on people that actually bought with bitcoin?
they should stop taking fiat, banks use way more power than bitcoin...
never thought the day would come when i stop liking elon but it seems to be very fast approaching now
buy bitcoin! last chance to buy bitcoin at 50k
tesla just need to charge a environmental fee for accepting btc. turning something bad into something good.
i or anyone in my family will not buy tesla cars in my whole life ! i already selling all my tesla shares!!
bought some bitcoin myself ! couple of my friends also bought some!
so what... this is fud news... he is not selling his btc.
bought btc at 55k and this tweet came lmao
will it dip more when america wakes up or shall i buy more now?
doesn't matter, they lost a customer anyway.
meanwhile, tesla sells all their emission rights to other car manufacturer’s. hypocrites.
get rekt ? lmao
to be fair - he is not the king of tesla either. might not have been his call . but it do seems like a very fucking bad excuse for something underlined. buy the dips !
i will now never buy a tesla and my next home battery will be lg
crazy drops thanks to the musk effect. dipcity bitch
lmao the butthurt incels on this sub 😂
"bitcoin is decentralized" yeah right
psh. ive seen deeper dips in guacamole. time to put your big girl panties on and buy and hodl. 💪
maybe it is not such a good idea for one person to have all this power over something like bitcoin. if the whole point of decentralisation is to take away the influence of the rich and powerfull, someone like musk pulling strings seems counterproductive.
what are some of the most sustainable cryptos? not going to dump my bitcoin but i wanna be ready when elons starts pumping other cryptos just to make a quick buck
remember when elon musk got mad how he had to shut down his manufacturing plants because of covid lol.
the kind of influence internet personalities and social media has on crypto is frightening. high time we introduce international regulations on cryptocurrencies.
we are very concerned with how tesla is using materials in there cars acquired by use of fossil fuels.
has used more fossil fuels than the whole of 21 million mined on his rocket blasting off . and has single handled sent more 120 rockets from 2010; talk about impact. also
do you think he is not talking to saylor?
oh man just wait until he hears about real mining...
it's a screenshot of some text. where is the original text by tesla? i think he will get in much trouble for this. pure manipulation. what do you think stocks will do? or it was a hack...
even crypto is not safe from some sort of manipulation whether it be by corporate or government.
i wonder if all the tesla in the world is charged by re .
is there a source of report how much each crypto is bad for the enviroment or is in compliance with elons 1% emmission.
as i understand it tesla cites high energy usage=pollution =not consistent with a company built on its green credentials and the sales of carbon credits being a massive cash generator for the company. if we start going down this line of reasoning then can or perhaps has someone done the calculation on the energy used to support the usd or any other government currency. energy is used right from the printing of the money through to the 7 trillion dollar brokers industry called the banking system. don’t tell me typist system is green.
nice. just bought .
this is why i've been saying that institutional investors cannot be trusted. they are just as capable of selling everything and halving ulterior motives. its a blessing and a curse.
what's with the low quality screenshot of a statement?
the end is near for you bubble blowin babies.
his tweet tomorrow: yesterday's post proved that bitcoin is very resilient: it went back to over 50k despite my slamming test on twitter. tesla and the myself was very happy with the result haha
elon musk can flip decision so quickly? sec should investigate and take action on him for all the frequent pump bs.
is elon the ceo of bitcoin? moving a trillion dollar market cap like this. crazy.
if he buys another 1.5 billion. we know what he is up to. cheeky cheeky man.
solution = green leafy peercoin
good timing to provoc a dump. remember tezla is still btc holder they would do that if they aimed to sell soon. they ethier want to accumulate more or to announce a btc fork or both
damn and i was just about to buy a tesla and pay with bitcoins...
based on the environmental impact that mining has...what a complete bs... it is a good time for him to buy again and make another hundreds of millions to finance his environmental impact on tesla's factories... what a world we live on...
as shitty as musk is, i have to admire this flex. i'll still boycott his products and everything with his name on it, but this was a power move. sorry dogecoiners.
if he alone can manipulate the price like this doesn’t it make it a centralized currency?
for sure its green incentive credits from the gov.
tesla should start manufacturing asic miners and include them with every solar roof, car, and power wall. also kick a few to local utilities to dump excess solar and wind power. would be a great way to get mining even more sustainable and more thistributed away from china.
i bet my ass musk is buyin the dip right now. all those weak minded sellers will get rekt.
we need to decentralize influence. where are the european? they need to counter elon’a bullshit.
man they need to replace the bogdanoff twin with elon in all the meme videos.
i wonder if it could dip a bit more. i'm waiting to buy but 40k seems too high still
today 13.05.2021 is elon musk and vitali butker day when they fuck million people
must be nice to control the whole crypto market with simple tweets.
did tesla shareholders sign up for a hedge fund that gambles on crypto?
makes me wonder about elon musk and wth he is thinking.
just another investor making a fortune off an unregulated market... he could be a little bit more ashamed about it tho
guys im new to crypto world. is it good time to buy bitcoin now?
i to start a campfire before mining bitcoin
fuck off elon, nobody cares, btc has been growing for a decade prior to your arrival, just fuck off and leave us alone
where does elon thing the power to charge tesla’s comes from?
guess elon is about to thisclose his sun ell energypark anytime soon
who else hates elon musk? total market manipulator, deserves some consequences to his actions.
dumped my tsla stocks couple days ago and so glad i did. i have been long on tsla for a very long time, but sold to buy more bitcoins since btc has been laggin lately. now that elon released this statement i no longer have the same long-term faith in the company... btc will shock you and me in 10 years, stay safe and hodl <3
it’s all about filling the space with cheap solar) alternatives. (tesla products). the game is a long one. btc always recovers. the shake out was coming ready for the next leg up. just another day in the march to global digital reserve currency. if there is a carbon foot issue and this highlights it and solves the problem then it’s all good in the long run for all.
how about we all get together and bully a billionaire off of the internet?
as much as what elon has said is a clear pump and dump (you'd be foolish not to see it as that), i think it is better for crypto in the long-term. we might see the mass adoption of sustainable mining rigs. maybe something connected to a solar panel + battery pack that then uses the heat it generates to pump it to a thermoelectric generator then powers the mining rig. it probably would not be cheaper than mining in china still (they get government subsidies to mine), but it would be a lot more attractive to eco-conscious people wanting to do it in the western world as a way of making a bit of cash. the initial setup will be expensive, but if someone takes a 5 or 10-year view, it could be worth it?
it is probably a bad excuse because it was difficult for accounting and kyc purposes.
i just watched a video james may released about a pretty interesting problem with his tesla model s's system battery, could this possibly be a smokescreen to draw attention away from that problem?
lol elon musk is finnesing simps and controlling the market with few tweets
haha watching the comments on twitter. now all the altcoiners are fighting to shill their bags! is bitcoin ded yet? nah. honeybadger dosent care about em. this is more about branding and feelings. bitcoin is a household name. most ppl cant even spell eterium. and 100% of ppl still thinks shiba is a dog, and not a currency.
time to get off the train chumps. it will all come down to 0 eventually.
i was flabbergasted when i first saw you could buy gold with cryptocurrency
good luck with this when quantum computing hits
why do people base on elon’s decisions to evaluate bitcoin ? 🤌
give us a break elon
hello market manipulation! well elon is officially a twat, particularly for the 'environmental concerns' which we all know is total hypocrisy when producing an electrical car is a very non-environmental friendly activity. anyway, this will get rid of the weak hands. while we all keep hodling and see inflation skyrocketing...just be patient. it's inevitable. though the alt marlet is starting the ressemble what we saw in 17-18...scams after scams having their day in the sun and this might be a sign of not so pleasant things to come... anyway hodl
hodlers dont buy teslas with btc anyways
yess, now i will buy even more !!!!!! i dont know why everyone is listening to him !
let us see 👍
let’s all buy ... see it booom!
could just enable lightning if he does not want to fill the blocks?
i think i will buy bitcoin today. 💎
wonder what his next pump and dump crypto will be 🤔
i dont understand that guy (elon). bitcoin as a payment not good for environment ? but as an investment yes ? 🤔
here's elons angle, in looked up environmental friendly crypto top two are dodgecoin at 0.12 kwh. btc is at 707 kwh. he uses solar city as a way to mine btc as enviro friendly brings it down to 400 kwh and looks like a hero. elons an abusive relationship . but btc has no owners and it will always exist
1. buys a shit load of btc 2. hypes up btc by saying tesla accepts it as payment 3. waits for pump 4. sells 30% after price surges 25% 5. says tesla no longer accepts btc 6. repeat
its on elon, a project like moonwolf.io will support that eco friendly spirit you want to adopt. everyone is welcome
elon giveth, elon taketh away
after little kids were upset about elon’s message at snl, they were bashing against him. this might be a “revenge” from him without actively addressing this. there are just too much emotions in the market which is dangerous. if prices plunge, people get upset, understandable. but it is because most are just here to make a quick fortune which is not working.
bitcoin is on sale everyone!
you want to see tesla in bankruptcy elon well, it is the way
i believe this move is targeted at driving down demand for semiconductors and chips in tesla’s interests.
people realize they can sell bitcoin for cash and then buy a tesla right? not sure what’s changed.
tesla did not notice that before spending ultra money? yea right...
maybe we all short tsla
i have suspended purchasing of electric vehicles. i am concerned about the use of fossil fuels for ev charging and production, especially coal, which has the worst emissions of any fuel. is this how elon really wants people to think?
yep, because businesses need a stable currency.
i cant believe anyone gives a fuck about this
when will you people realize precious elon is playing you for a fool. in basically every endeavor ever
sold to media propaganda. since he is now getting into media & tv visibility, he is got to care about what they say about bitcoin.
lol by that argument he should stop selling his cars since most of the energy used to build and charge them comes from fossil fuels.
hypocrite much? don't have a problem hodl?
as someone who loved and followed elon for years before him turning into a meme over the last year, really cannot stand the guy anymore.
i mean at this point elon is single handed lay fucking with billions of dollars...what a wanker
what he should do is get in with dogelon mars. he could pump and dump the shit out that one.
good guy elon gonna help me finally get a graphics card. but seriously, do not play the financial game with peeps that literally cannot lose either way.
i have a hard time accepting the fact elon.
suspect the reason is he is thinking vitxpibt is going down hence less profit for tesla?
not sure yet what elon’s play here is but it isn’t about bitcoin mining being bad for the environment lol
elon is a fucking clown on this stuff. he’s playing a stupid game and he needs to move on.
says the guy who has a huge impact to the environment making biggest batteries in the world
strange since both the car and bitcoin run off electricity and there’s no saying what useless driving around tesla owners do
guess couping a regime and lithium's does not count as much. that's where he draws the line. that's the problem with this kind of personalities, they will take something, profit out of it and throw it away. they were never in for the ideology.
they can use pi
but he still hypes dodgecoin
how is this not pump and dump?
this was again his pump and dump scheme.
elon musk... "here at tesla we have decided our cars will only accept green electric. our on board chips will analyse, detect & only allow the electricity from green sources" suddenly people realise they are electricity is not green & lithium is bad for the environment and so is his call to only accuse bitcoin of being bad for the environment. why not call out all crypto assets.
hold your coins!!! 6k drop aint nothing. everytime she dips, she comes back with a left uppercut make your head snap back like dayyyyyyyyyum. the issue here isnt elon musk. its people with no confidence they just do whatever someone else does. people should have just been like “cool i cant buy a tesla with my bitcoin anymore, guess ill just wait till they do or cash out and buy it cash”
pumped and dumped boys lmao
now everybody understands why the executive quit his job at goldman sachs after making millions on cryptocurrency
this is nice! bitcoin is indeed an old coin with old technology and should be replaced. anything using stacking technology is far better and much more advanced.
lightning network solves this issue would not surprise me if one single ln transaction uses less energy than an visa
elon : how do i get bitcoin for cheap? his advisor: well, here’s something that big banks have been doing for 5 years now. pretty simple actually, even easier if you aren’t the major shareholder . elon: ...
ada to the rescue
lmao yeah because they don’t want to risk loosing money on an alternative form of “money”
but they won’t sell any haha, combined with the fact that they should’ve known the energy consumption before, it’s clearly some kind of manipulation.
if we all buy teslas, will they also suspend the sale of taslas because of the pollution they carry?
lmfao. who would have thought the corrupt billionaire was never on your side to start
elon betrayed bitcoin short tesla!
why does anyone care? btc is a store of value, digital gold. you’re not supposed to spend it. just hold it.
teal can’t afford to drop bitcoin, it’s the only thing that makes the ‘company’ profitable...
i think this is a long term push into solar mining . tesla could legit make the best solar mining rigs. middle east and egypt are about to clean up from solar mining as well
i suspended my tesla order until the tesla fixes their fiat problem. fiat currency uses insane amounts of energy.
elon wants miners to buy his batteries.
tesla is not a software company, it is a trading desk
it's kinda like elon watched chamath with his spac's and said, hold my beer. ' sad.
elon musk is a democrat puppet. the guy is not responsible for anything that came out of the tesla factory. he's just a drug smoking hipster that cannot build a hamburger let alone an electric vehicle. the government is fcking all of you hahahaha. if he really cared he would sell all his bitcoin at an all time low.
makes you think how powerful musk really is or should i say how much influence he holds
for those of you with tesla pre-orders, cancel them immediately. let them know in the comments why.
his reasoning is the energy consumption. considering he makes electric cars he should have never bought crypto to begin with.
deepak chopra is talking to elon musk '
spencer dinwiddie is talking to elon musk '
elon ya fookin traitor !!
there are so many brilliant people in the comments, it is really uplifting.
frankly, what this tells me is that i will never buy a tesla. not because he dumped bitcoin, but because i do not see him, and thus tesla, as a trusted party to do any business with. how can i trust his promises, his thinking and roadmaps? how can i trust that he would not dump support for my car just by making up new rules or requirements out of thin air? next car is a mercedes eq.
good job elon keep it up. this kind of drivel will gradually erode his influence and credibility. btc is much bigger than elon and the stupid followers will gradually lose their stakes following his advice. elon knows that the banking industry use far more energy than btc. errr what's the carbon footprint of putting a car into space??
plz let us stop posting about elon musk. surely his opinion should not captivate our subreddit for days because of a single tweet. if you want to divest him of influence on btc, then stop talking about him in such magnanimous terms.
spacegirl : “baby, i’m bored. let’s tweet the cryptos?”
did anyone know what porsche makes more money trading than they do from cars? i get the feeling elon knows this...
sorry if it is been posted already but this:
barring another big announcement like tesla - which seems increasingly less likely - the top is probably in for this cycle. retail is into shitcoins and institutional investors are in depressed mode - just look at the performance of tech stocks
most people don’t know this most people hated elon when he tweeted last year: #”tsla stock price too high imo” this was on on may 1 (5) last year at 8:11am. then on august 11 (8), tsla announced a 5:1 split. elon literally made the price lower by splitting tsla’s stock at a 5:1 ratio. trust elon. read between the lines. idiots will panic sell. don’t be one.
ok, we would not buy teslas with our bitcoins
and i suspended buying anything from tesla. he is alienating a powerful part of the population. we shall not forget. porsche should capitalize on this.
lol and how do they generate the energy to charge their electric vehicles? coal?
how much did he make because he made it public that he bought it? now he makes this stupid comment ant will buy more at a low price.
at the expense of 17,000 kwh to produce one tonne of aluminum it would take 57.74 twh to produce just the aluminum of tesla's 2030 goal. which is basically half of the energy that bitcoin uses.
elon is a master market manipulator! don’t you think he has an agenda?! elon has known bitcoin was bad for the environment - so what’s his angle? buying more bitcoin as soon as it drops lower?
he wants to buy more at better price tool move.
payment with bitcoin doesn’t increase any bitcoin energy consumption. it was never when tesla, it was always when lambo. cancel cybertruck and buy the dip!
mining crypto waste more than plugging all the tesla’s in to electrical outlets = coal energy...?
i wonder how much fossil energy is used to make his cars? '
please tell me it will go back up. i could not sell in time and now it is 47,000$.
can't wait to hold on to my bitcoin for 10 years let us goooo
hmm wonder if there’s a solution
how long can an auto manufacturer worry about bitcoin's energy consumption without worrying about the electric signage for car-dealerships?
we need a megathreaded on how royally elon forked btc hahahaha but seriously, btc was never going to win the crypto wars. bad tech is its achilles.
an expecting of a very deep falling.
elon, tricked the world into thinking he is taking ppl to mars, wake up people he is deep state full of shit
complaining only when it goes down
teslo scam, elon biggest scamer in the world
hypocritical sack of shit. i'll buy the dip anyways tho
i think it is a lot more nuanced than the headlines imply. there's aspects of tesla's china market in there as well as a reason to further debate the environmental aspects of crypto currency in general.
btc is for buying lambos, not a tesla car.
elon is a huge manipulator for cryptocurrencies, his single tweet dumped all the coins so hard.
i still dont get how people see this as bad... bad for bitcoin maybe, but good for crypto and the adoption of a complete & robust system. hes not selling his holdings... he temporarily stopped accepting it (for who knows how long, could be a day or a year+) but he stopped by turning heads toward a problem he feels can be done better. he challeneged the crypto community to make it happen. i think this speaks highly about his character. if bitcoin has energy faults that can be corrected or done better, we should adress them before complete world adoption of such a network. as for minipulation and influince...sure hes minipulating the market... but we need people with influince to make nudges like this for the greater good (hes not the only one miniplulating the market btw). but most people who can influence and challenge systems, simply wont because it can be misunderstood and their image will be damaged. musk dont care, he does what needs to be done!
elon get 'em crypto bucks
i never wanted to buy tesla with my bitcoin anyway.
how many people were going to buy a tesla with their bitcoin anyway?. so how much carbon emissions in that amount of btc?. then he keeps his personal stash . what a hypocrital prick.
fairly credible source i heard this from, but they never sold one tesla for any bitcoin anyway!?? why did this statement make a difference??
time to sell all my coin...
rip bitcoin. y’all had a good run i guess
it’s true. i’ve been trying to say this for the longest time. it’s not environmentally friendly.
i've come for bitcoin owner tears
bitcoin hah what a joke!!!! it did good while it lasted. don't quote me but did not it go something like, "what goes up must come down", shit, i knw im really fucking stupid with a low iq and at 31 i barely got an associates degree. idk, csn you help check my spelling while we're all here. thanks! 😍😍😍😍
it's peaked for a moment and he does not want to get stuck with the coin while it dips or he would be selling the cars at a thiscount. once the price starts going upward again, they will start accepting
turns out he is actually funny.
yes, he used bitcoin exactly as it is used in the real world: not as a currency but a get-rich-quick scheme and silly stunt. why is anyone surprised by this?
imagine being a btc maxi now
btc was supposed to be decentralized. hell no. it looks at the mouth of a single man. he plays with it with his finger.
elon has one of the brightest minds on this planet. his brain thinks far ahead of us mere average folk. he also hates the sec with a passion. btc energy consumption does not really align with his ethos so i was always skeptical of tesla adopting btc payments. you have to wonder... making a hell of a profit at the same time as giving a big middle finger to the sec... sounds like a bit of an audacious plan... but id be curious to see if tesla balance sheet still has the btc on it
hopefully this spurs a larger movement away from bitcoin to other more sustainable cryptos. people are in such denial about the environmental downsides of proof of work.
so basically they announced bitcoin payments right when they wanted to dump some btc. then, they stopped accepting it after they dumped. such a trustworthy company. ' crypto people need a new meme car brand.
is this a joke? he knows his cars are powered by coal right? i mean how does he think we get the electricity used to power and charge his vehicles
do you think this is the end of the bull market?
only non-mineable coins will survive, get it people.
it's a good thing. cryptocurrency mining has a dog shit energy efficiency. until this is not sorted out crypto would not go mainstream
so... poor time to buy?
why is it an image? seems weird. hacked account, maybe?
they should look into hbar if energy is a concern. i am so tired of elon btw. between him pumping useless meme coins and calling btc a waste of energy, i have no idea why he is so revered in the crypto community.
what kind of fossil fuels are used for mining bitcoins? i thought you mine it on your computer by writing blockchain codes(!)
hmm... solar powered mining rigs perhaps? maybe even a solar cryptocoin, tied to the amount of solar generated electricity you feed *into* the grid...
if musk is so worried about the use of fossil fuels, why doesn’t he invest in renewable energy, solar, wind, etc. crypto mining? there are some companies out there doing this right now.
lmao i just stacked. thank you elon for the thiscount!
“we must embrace bull shit and burn it as fuel for our journey.”
i live in the pacific nw i get most my power from hydro electric.
i’d say papa elon had bitcoin shorted big time
nothing but another bored megalomaniac billionaire 🙄 so tired of this guy
smell like teen flippening
isn't anyone else concerned with how much influence a tweet or a performance from one guy has on the price of crypto? just me? got shit on months ago when i was mentioning potential regulations incoming on crypto, and this is the kind of stuff that triggers govts and their money regulating depts to start focusing more on how.
not just elon. this is a coordinated attack. he tweets, money printer people sell hoping to crash the price. hodl
i think a lot of people mistakenly think that dumps like this are mostly the result of people panic selling on a whim, when in actuality a huge amount of the volume comes from liquidated longs. elon tweets and it takes a relatively small dip in a relatively short amount of time which creates a chain reaction liquidating longs from the highest leverage on down, and then all that crypto floods into the markets, lowering the price and liquidating more longs. *that’s* the more concerning influence imo, the way the derivatives markets can just run away in a snowball effect and do shit like this. just don’t trade with ridiculous leverage, you greedy assholes. it’s bad for you and it’s bad for the rest of the market. hell, at least after a flash crash i still have all my coins. crypto already makes stocks look like they’re standing still, do you really need enough leverage that a 5k btc move can leave you rekt? if you don’t even have the small amount of patience it takes to accrue value in crypto compared to traditional assets, you probably shouldn’t be involved with finance as a hobby at all...
the whole market is dumping, stocks and crypto. it’s not just from his tweet
do you guys believe that btcusd will fall below 47k?
it's not forever tho, he lost lots of credibility today, i doubt he could so this again.
the sick thing is that he could pump and dump ad infinitum without any consequences. he'd basically profit off our collective loss on the way up (by stacking sats) and the way down (by shorting).
good, bitcoin doesn’t need anybody, elon included. he can gtfo.
janet yellen can have the same influence on stock market.
dude it was in the charts the market just needed an excuse. you do not go from 3k to 60k in a year without people getting antsy waiting for the correction
and this is how crypto dies returning to it is real world value of z e r o
yeah i sold nearly everything as soon as i saw that tweet
lol even if bitcoin stayed at 50k that is still insanely up from the initial climb if you were buying at 20k. we were never meant to stay at 55k. we will see it again eventually though and surpass it but this dip is good imo
it's not elon. it was going below 50k either way, just later. all it needed was a tiny push. when the market is bullish bad news are absorbed and good news are amplified, the other way around the the market is bearish.
after two days i think the price will climb up again
yea probably now being used to drive money back into ’s tanking.
some whale might have him killed. i thought bitcoin was good for having people killed.
i guess "infuence" is *one* way to describe"manipulating next quarter's p&d".
it's not just elon. study up
yeah cause bitcoin never dumped before. there might not even be a correlation. also did not the guy buy bitcoin earlier this year and sold some at a profit a couple weeks ago? tesla better stop buy bitcoin all together until price recovers or we'll be looking at obvious market manipulation.
wouldn't anyone who had bitcoin and any other currency prefer to spend their softer money on a tesla? elon seems to be saying that tesla would not accept what no rational person would offer.
does he have huge influence or are we just that early?
it's not elon's influence, it is the stupidity of noobs. everything is more than fine.
a single tweet did this drop, very much influence
he could actually short bitcoin before that tweet
he’s a pair of flip flops.
he's a pump and dump con man.
this is actually a *good* thing for bitcoin.
for the record. btc was already tanking before he tweeted that
the idiots wanted him out of btc. you got your wish, let’s see if this retests 40k or 30k
something is being cooked behind the scenes and we dont know... since kevin o'leary started talking about 'green' bitcoin and repeating it over and over in interviews, i got the feeling there is pressure from policy makers... i think elon musk is smart enough to choose what battle to fight... this time he chose one small against his bitcoin 'cult'... next, governments will push the crypto miners to comply... and everyone will be happy...
tesla and amazon trade unions start accepting bitcoin would be funny ...
he just wants to hold.
dude, but dont you know? it's the people that use the energy from coal power plants that are the problem. not the coal fired power plants that are at fault. or the governments that prop them up.
uh oh. i thought he was king when he bought into it. are we turning against him? my bad this is butcoin cult.
if you like buying on the cheap, the enemy of my enemy is my friend
he’s right, it isn’t meant to be transacted. it’s meant to be stored and he still has around 2 billion storing value. jack dorsey is right; bitcoin incentivizes renewable energy.
he needs to get with the algorand group. they are xarbon negative with their prrof of stake model.
elon hath taken away
honestly, he always has been an overcredited shill. he did not have my respect, but now i just see him as a crook
it for sure hurt the price, a lot of people hang on his every word. he’s probably going to be the reason they ban any talk of stocks on social media. he will probably be sued eventually because of stock manipulation. a good lawyer for sure could argue that’s what he is doing. and with some bank statements and other evidence , elon could be in deep dog shit before it’s all said and done. he really needs to think about how his tweets could encourage uneducated people to put their whole life savings in one investment
it's called "corporate overreach by the board."
elon, professional pump and dumper, what this man does should be illegal.
he gifted us a dip, a boon for long haulers
all news is good news
elon, the double edged double edged sword.
if you cannot tell that elon does not care at all about anything except money, you have not been paying very close attention to him the last... 10 years or so.
its hilarious how much power one guy have over "independent" currency :d if he tweeted "fuck bitcoin, im not buying anymore or its a scam" it would probably collapse.
he’s just an asshole.
what happens when people worship an autist like he is the messiah.
he's a double sided dildo.
hes full of shit, taking ppl to mars, wake up humans
it's a cover story, you think a company did not do dd before spending .5b? they probably had every expert in the world on the phone. elon is propping up tesla with crypto currency pumps and dumps. it's plain as day.
that’s because they aren’t dropping it over environmental concerns, but perceived environmental concerns. one of their biggest assets is the perception that they are a green company, they don’t want to risk soiling this public image. the recent abundance of thiscussion on these points is mostly after their announcement (and the accompanying spotlight it put on bitcoin to people who care about environmental impacts)
whole thing was a pump and dump scheme, now the dump's finished they can do whatever they want
whait, bitcoin used pow?! i'm out.
as an investor i always thought it might become an issue people care about but not this abruptly with a high profile announcment. admit am a little miffed
this is the story. tesla buys and sells bitcoin to show profit for q1, blatantly manipulates price in attempt to repeat for q2
he want to buy more now. then prop it up before earning of q2
i did not believe his story when he bought. i did not believe his story when he sold. i do not believe this story either. i also do not believe him when he says autopilot.
hmmm, almost like he was proving liquidity and how easy it is to manipulate
he wants to buy more at a lower price. manipulation 100%
seems it does. let jack dorsey be the new btc king. he not only uses words, but square puts their money where their mouth is
the duality of man
elon can get fucked 🖕 bitcoin will take over with or without him.
bitcoin needs no kings.
sell, tank it and buy it again on the cheap
he got into the position and pumped it to gain 11 billion $ they dumped a good chunk in the name of testing liquidity but he really did it to show profits on the tesla balance sheet if they were profitable last quarter he was eligible for 11billion he just played the whole bitcoin frenzy to his advantage and called it a hustle edit : link
i agree this is so strange. he definitely knows how btc works. i think it smells fishy. i think this is an excuse for something he doesn’t want to mention. what can’t he say ? could anything maybe china said not btc or no car selling here maybe he knows about regulation coming down the pipe only he knows, but this seems an almost obvious bluff
so they can sell a solution.
i’m guessing because of this article:
exactly my thoughts. strange.
and yet the honey badger do not give a fuk.
buy high sell low!
time to buy your second
buy the dip. you're almost doing it right.
keep holding. focus on the long haul... or sell now, buy cheaper... (this is not financial advice)
yeah i bought some about three hours ago would’ve been nice if he could’ve made this announcement earlier in the day but whatever.
ahh so its you who done this
a whole btc? congrats!!!
you spelled 1994 corolla wrong.
i’m guessing in a couple of months there is going to be a tesla coin . certified environmental fresh.
what did you expect from non regulated currency? man doing money on clowns who wish to be rich but don’t want work for it. old as world
y’all didn’t seem to mind when he was making the value go up 👀
well, that is part of what the inherent decentralization of btc and other crypto entails. the bed has been made, and it is time to sleep in it.
i've been learning more about musk over the last couple weeks and the guy sucks. common sense skeptic did a two part youtube feature on musk called "debunking elon musk." thorough explanation of how he is a pretty vindictive, fraudulent self-promoter whose celebrity far outpaces his actual accomplishments or technological genius. also check out the absolute boondoggle that is the tesla loop at the las vegas convention center.
also, where does he think the power comes from to run his electric vehicles lmao
no one asks how much the financial system costs to run co2 wise. is not that the appropriate question? edit: also i bet he is gonna introduce his own coin and claim it is better than bitcoin, and tie it in with some rewards program for people who buy his car.
i was so curious about the nose dive. straight down. it must have triggered a massive buy order because from what i see the bottom was ,001.00.
using excess power from regenerative braking in teslas on the move, earning the drivers credits for thier next (non free) super charge!
its funny how some people think that bitcoin decentralisation and permissionless has anything to do with a price. bitcoin is part of our universe and anyone can put any price tag they wish on it. what a surprise!
very irresponsible for him to mess with people's money like this.
he was [charged and convicted by sec]( in 2018 for manipulating tesla stock. in addition to paying , he is now barred from tweeting about stocks. so he jumped onto manipulating crypto instead.
very interesting that he chose to release this news right when btc is right at the 100 ema support
i thought the anthem of btc was to avoid that? what happened? now a rich guy buys btc and people cry foul?
he’s gonna fud and stock up.
with what? my pubes? pube coin
i said i would buy one if tesla accepted it. i was planning on following through, purchasing a car for over . now, i'll just stick with buying used like i always do.
exactly. i’m sure not many people have or would, so he’s just posturing. he’ll make another 1’s back at + to float his company longer.
so much tesla buying! so much pollution because of how bitcoin teslas are!
>was anybody using their appreciating bitcoin for a depreciating car anyway? bro, what else are you gonna do with btc? just sit on it forever and never cash out? a vast majority of assets for personal use are going to depreciate.
i will gladly sell you the pos fork for real bitcoin :)
cult mentality is stronger than people realize. elon musk is a cult leader (tesla and affairs) and that cult has a lot of followers. i am currently reading "combatting cult mind control" by steven hassan and oh boy, the similarities.
i fucking hate elon and this is only the cherry on the shit pie
if your life depends on bitcoin, you've made some decisions.
>elon musk is a neophyte in the area of blockchain and the cryptosphere lol, not as much of a neophyte as you think. the man just pumped and dumped what probably amounts to hundreds of millions of dollars if not more in btc. he took it for a ride. you might call him a neophyte but he just completely gamed the system for an immense profit.
"use our centralized shitcoin hosted entirely on amazon aws and institutional servers. it's green and totally would not be compromised or debased as every other currency in the history of humanity has!"
as usual, the media and the establishment vs everyone else.
“ditch your revolutionary currency, get inside the pod and start eating bugs like a good little slave. it’s, uh, for the environment...”
apple droped the charger due to its environmental impact, during the same conference they announced wireless charging that is 30 procent less efficient
yup. don’t be fooled by this. this is great reset fud at the highest order. arguably the most influential person in crypto is towing the elite line. the guy who everyone thought was for the people is selling it up the river. anyone with half a brain knows the btc energy consumption argument is nonsense when you look at it on a global scale. wanna help the environment? i’m all for it. there’s about 10 other issues we can tackle before bitcoin.
lol that is what happens when you try to get rich by riding elon's dick
"oh no, i invest in a decentralized, unregulated, zero sum system and i'm mad when it plays out in favour of other people!" grow up.
or teslas run on omg eletricity
isn't that illegal to spread fud adn then buy up right now? they are public so they need to thisclose.
the majority of mining is done in china which is a [coal powered country.]( not sure where you got 70% renewables from but you need to look at where things happen and what type of energy is used to power them.
pretty sure he is trying to get a good price on some more...
>btw 70% of energy used is renewable. yeah, this is a lie
what crypto uses <1% of bitcoin energy that they are referring to? that's what i want to know.
he’s trying to get a better price for more, same thing when he tweeted “bitcoin looking a little high right now” or something like that. he bullshit antics like this are just inviting attention for regulation...
literally no reason not to just use the usd shitcoin. if you are going to use a coin that is implicitly under the rule of the sovereign because it is not sovereign resistant, just use the sovereigns currency.
it’s like he doesn’t understand where the electricity comes from that everyone uses to charge his cars. or what lithium strip mining is.
i'm not defending him on his silly bitcoin decision. however the, batteries should be able to be recycles and used over and over again.
it’s all organic, sustainable, free range blood diamonds.
i’ve literally never even seen the option available on the website
oh god, all the un-stabilized gasoline...
people are impulsive, fearful, and emotional.
i wouldn't be surprised to be honest if tesla sells in the next few months ... i cannot believe he just tweeted that ... i'm a big btc-bull but i cannot believe a market gets such an impact from a tweet of one billionaire ... we had so much good news in the past few weeks and bitcoin cannot break 60k ... it gets frustrating at times. fuck you elon. i'm not selling! edit: in fact, let me go buy some more now during this thiscount.
while wanting everyone to go back to commuting 5 days a week asap so we can get back to things that really f up the environment (and people's psyche, take away their free time, cause then to spend on garbage to make themselves feel better...)
>the elites are using the cultural momentum of ‘’climate change” to destroy the number one threat to their hegemony. while being the main contributors to climate change...
yeah really how does bitcoin even come close to the environmental impact of coal, cars, container ships, and all other industry complete fud and manipulation guaranteed he is buying this dip
abandon ship! abandon ship!
hold, dont panic sell
wait til shareholders force him to sell. down goes frazier
> but bitcoin's intent is not to be handled with large amounts of transactions. so bitcoin is not a currency anymore? it is hard to keep track of what bitcoin is and is not with you folks.
yeah i hope they actually search for alternative coins that help with the energy issue, i mean surely there are options out there that are not btc
i wish it would stand up and look like it.
for a moment i thought lithium was an alt-coin xd
every ceo is ultimately beholden to their board + shareholders. my guess is he is deploying the energy fud as a smokescreen to mitigate revenue loss per vehicle as btc sustains ongoing downward volatility tesla is already not turning a profit and operating heavily on carbon tax credits, but evidently taking on bitcoin as a payment option introduced too much uncertainty for their master of coin. what a joke
it's not fake energy fud. it's a really severe problem. but i do not expect anyone whose pocketbook depends on not understanding this to agree.
he started an electric car company based on the premise of less pollution lmao. bitcoin is dead.
sweet. time to buy more.
big crash is btc at -30k. this is barely a dip. still good time to buy, though.
hahahaahhahahga got ‘em there
he did not say hes going to sell their holdings
so he can buy more before earning call q2
he's one of the most influential people on twitter. i think the fact it has only dropped 10% shows it is resiliency. people know it is valuable and buy the dip.
i take responsibility for the dip. i bought a wee bit today and the dip happened almost instantaneously after my order cleared. woo yeah! make it hurrrrrrttt!
bit worrying that the same guy is in charge of a rocket scheme involving great, immediate risks to human life
he can’t destroy bitcoin.
that does not make any sense considering that they did not sell any of their bitcoin. if they were scared of it hitting top they would have sold all their bitcoin then stopped accepting it.
elon has always been a douche made his family fortune off of blood mines. don't need to watch a video about how shit he is.
you do not understand the fact that pos leads to centralization of the crypto. this is why pow will be always better in this aspect. 51% attack on the network is practically impossible.
"a purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."
bitcoin does not just keep using more electricity to mine as time goes on. the mining difficulty adjusts every 2016 blocks depending on if the hash rate has gone up or down. bitcoin mining is voluntary and bitcoin miners only mine bitcoin to make a profit and they turn off their miners when it is no longer profitable for them to mine. bitcoin mining has increased over the years because bitcoin as to rise in value because it is a new one-of-a-kind asset going through price thiscovery while it is true valuation is found. in 2019, [the bitcoin network was getting 74.1% of its electricity from renewables]( making it “more renewables-driven than almost every other large-scale industry in the world.” in 2021, it will be using even more renewables and that only increases with time. [here's a full report on bitcoin mining that was done in 2019]( one year before mining started in mongolia in 2020 which was banned this year. there was a cambridge study done on bitcoin mining in 2020 but 2020 is exactly when bitcoin miners set up shop in the mongolian region of china and started using electricity generated from coal but that only lasted less than a year because the [chinese government has now banned bitcoin mining in that region of china and they also banned mining bitcoin with dirty energy]( and now bitcoin can be mined with mainly clean renewable energy once again like it previously was. dirty energy just cannot compete with clean renewable energy like [hydroelectric power which they get as low as 1 cent a kilowatt hour.]( hydroelectric dams even create a large excess of electricity that otherwise goes to waste and [that waste is now used to mine bitcoin.]( bitcoin is also [mined with energy created from gasses that are otherwise flared off or vented directly into the earth's atmosphere.]( here's another article about [bitcoin mining using the electricity that would've been wasted.]( furthermore, [proof of work is efficient]( perhaps we should worry about video games or youtube because [video games and youtube use more electricity than bitcoin]( and we all know that is residential electricity so most of that energy does not come from renewable resources. humans really need to generate more renewable energy and rely less on dirty energy. i'm glad that [large scale bitcoin mining is driving clean energy innovation]( because the world really needs it at this time, much like we needed scarce tokenized derivative of inflation and corruption that is kept honest and secure by it is own decentralized ledger of value that cannot be forged or hacked, that is, before satoshi created bitcoin for us. bitcoin is currently at the second stage of the evolution of money which is a store of value. gold is currently the largest asset on earth by market cap because it is used by humans as a store of value and it has been for centuries. bitcoin is a better store of value than gold and it is much easier send, protect, and hide and it is also more scarce than gold. gold mining and transporting gold are both far worse for the environment than mining bitcoin and transporting bitcoin. gold mining emits more than three times the co2 emissions than bitcoin mining. bitcoin is more scarce than gold and bitcoin can also be used for payments and as currency and the lightning network allows an unlimited amount of people to send and receive bitcoin instantly for extremely low fees, and it can handle hundreds of millions of transactions per second. [click here to see a list of the top 100 assets by market cap.]( gold is with a market cap of trillion and bitcoin is with a market cap of trillion. almost all of that value sitting in gold being inefficiently stored and guarded in vaults can more easily and efficiently be stored on the bitcoin blockchain and more people will continue to realize this as bitcoin continues to remain at the second stage of the evolution of money which is a store of value. [this bar graph]( shows the energy expenditure and yearly cost of gold mining and bitcoin mining. this is not the second millennium anymore and we have better technology now. gold is just too inefficient and bad for the environment for people to be using as a store of value anymore and if we stopped doing that then the price would come down to it is true value and it would be extremely cheap for the minuscule amount that we do use in electronics, thus lowering the price of electronics. gold is shiny and makes pretty jewelry and also makes great corrosion resistant semiconductors. it's difficult and expensive to transport and it requires equipment to reliably test it is authenticity. it's also difficult and expensive to adequately guard and protect. all of the value of gold could sit on the blockchain instead of sitting in a vault being guarded and it also wouldn't need to be transported in a jet in order to transfer it to someone. bitcoin's blockchain is layer 1 and is used for large payments and the lightning network is bitcoin's layer 2 and is used for smaller instant payments. people are transferring + worth of bitcoin, half the time over a worth of bitcoin, [in every single block]( all day, every day. the lightning network can handle an unlimited amount of users and hundreds of millions of transactions per second which is magnitudes more transactions than visa can handle. **money always evolves in the following four stages:** **1. collectible:** in the very first stage of its evolution, money will be demanded solely based on its peculiar properties, usually becoming a whimsy of its possessor. shells, beads, and gold were all collectibles before later transitioning to the more familiar roles of money. **2. store of value:** once it is demanded by enough people for its peculiarities, money will be recognized as a means of keeping and storing value over time. as a good becomes more widely recognized as a suitable store of value, its purchasing power will rise as more people demand it for this purpose. the purchasing power of a store of value will eventually plateau when it is widely held and the influx of new people desiring it as a store of value dwindles. **3. medium of exchange:** when money is fully established as a store of value, its purchasing power will stabilize. having stabilized in purchasing power, the opportunity cost of using money to complete trades will diminish to a level where it is suitable for use as a medium of exchange. in the earliest days of bitcoin, many people did not appreciate the huge opportunity cost of using bitcoins as a medium of exchange, rather than as an incipient store of value. the famous story of a man trading 10,000 bitcoins for two pizzas illustrates this confusion. **4. unit of account:** when money is widely used as a medium of exchange, goods will be priced in terms of it. that is, the exchange ratio against money will be available for most goods. it is a common misconception that bitcoin prices are available for many goods today. for example, while a cup of coffee might be available for purchase using bitcoins, the price listed is not a true bitcoin price; rather it is the dollar price desired by the merchant translated into bitcoin terms at the current usd market exchange rate. if the price of bitcoin were to drop in dollar terms, the number of bitcoins requested by the merchant would increase commensurately. only when merchants are willing to accept bitcoins for payment without regard to the bitcoin exchange rate against fiat currencies can we truly think of bitcoin as having become a unit of account.
it is not. the reason it uses more energy is because is the most widely used crypto. more energy translates into greater security.
factually not true, but i share your frustration with this guy.
you havent lost or gained anything until you sell
proof-of-stake is more centralized and less secure. bitcoin will never trade security or decentralization for anything.
no , reddit it the king of p&d
lol. see you at 70k during this summer.
the us actually produces more co2 per capita than china does and that is before you consider the emissions from outsourced us products. i do not get why people always shit on china, when the average american is doing more damage to the environment.
what are you talking about? this is not correct at all. once the block reward goes to zero in like a century, blocks still have to be mined. same process. the reward will be transaction fees only, but the hash power needed to mine a block is the same.
how would the energy consumption scale as the number of transactions increases? i mean it is already energy intensive. what if the number of transactions was like what visa does daily? i honestly am wondering do not know much about btc. to me he has a point. it's hard for tesla to be in the position of buy our cars because they are good for the environment, but also be pushing a crypto that causes a million different people to be running video cards red hot all day.
“tell me you know nothing about business without telling me you know nothing about business”
only if you made money on the crypto.
d) the tesla board of directors got mad at him and forced him to do this. the text does not read quite "elon", so it seems plausible
nah, it bounced back to 50 right away. it sucks, but it will recover and we'll be on the moon in no time.
didn't hear from you when he was pumping it for months
especially in light of his decision to accept btc for car payment. was he not aware of how btc is mined? what new information came out of the woodwork to initiate this announcement. anyhow i've made adjustments in my crypto portfolio based on this. the media will pick this up and run with it.
sounds like a win to me. you can get in a lot cheaper now.
no it’s in retaliation to barry silbert.
you can still sell the bitcoin and buy tesla with cash... “currency can be exchanged for goods and services”
elon may have made a very calculated move to destroy his worst enemy (shorters)
i noticed. interesting point. yes that is true there are bots that analyse the tweets and trade on sentiment
not per transaction dough
it is funny because a few months ago he was considered a covid-skeptic and hence conspiracy-theorist-scientific-fan and many more bad labels as covid-cultism is apparently mainly a democratic hobby.
back to the lambo memes it is.
neither are planes. should we ban them?
wiping then away with stacks of coins
the only hold prices for 30 minutes.
not so funny today...
it's the gambling whales trading leveraged options and futures based on musk's tweet. that's what caused the price to dip. this has nothing to do with decentralization.
if you live in the united states, it is about 19% each for coal, nuclear and renewables - the rest is natural gas.
nope they are not much better then fiat anyway. pow is the only sound money so far, and pos is for snake oil and premined scammy cryptos.
yeah, buying a dip is bad. because you always want to buy high and sell low.
opposite it sounds like.
longer statements on twitter are usually images due to character count restrictions.
where is this from... i wanna use it.
nah i’ll just keep buying more. elon did us a favor.
news and media been doing this stuff with stocks for years. this shit aint new
honestly yes but we need to stop taking his word as the gospel. those with the most money (whales) will always hold the most influence. at least elon is sort of entertaining and transparent about his market manipulations. we need to do just a little due diligence occasionally so we can feel more confident about our positions rather than fall prey to elon's intent, whatever it may be next. he's just a man, as are we. if we grow some balls and hodl strong we'll be moonbound in no time. we're investing for the future, not for a few grand by next month.
the former president of the usa used to shitpost on twitter on the daily. the world we live in is fucked.
it’s not just crypto..., stocks dump at tweets too
twitter likes & media fud pretty much run the entire world in every aspect not just crypto lolol
anyone with a platform of 40 million+ people can do the same thing. look at any yt celebrity with 2x that amount of subscribers, they are the best way to market anything for the amount of people they reach. everyone is quite happy to use musk and capitalize when it fits their narrative. all this is was a "fuck you" to barry silbert. btc is not going anywhere at all. buy the dip like everyone else should be doing!!
the power of billionaires is the problem here. noone this blatantly irresponsible should have this type of power. tax the fuck out of this douche.
i'd very much like to point out that this is the case with numerous people now... like michael burry the guy who the big short is about, he was forced to stop tweeting due to the effect his warnings are having on the markets... in history people have never had so much immediate influence to millions of people like is now easily possible on the internet, influential people are having very real and immediate effects on the status quo.
elon is arguably the most influential person in tech in the world at the moment, and all he managed was a 7% drop. surprised it was that little actually. and when people wake up tomorrow and realise that, the price will be back to 55k in less than 24h.
yup. i thought we were supposed to be decentralized
you dont say... bitcoin just became a get rich fast type of scheme for desperate people ppl saying stuff like it is a decentralized form of currency, liberalism and bla bla bla are just lying to themselves it came a long way since its creation, and for sure it doesnt stand for its original purpose anymore thanks to this bullshit pc hardware market its fucked up now, it was so much fun upgrading pc parts every year and so it is just a speculation market shitshow now if you are still blinded by it, this post and its effects on its price just shows how "decentralized" and "liberal" it is cant even buy a fcking meal with it, its just not liquid enough i followed btc since its creation, really lost interest when it became almost like a pyramid scheme good for the ppl who earned a lot of money from it because thats it, btc has no use in the actual world other than trying to get rich by making ppl try to buy into it, tesla just figured it, its not worth the hassle, now they will just capitalize their earns and fuck up the ppl who bought it now after they manipulated the market themselves, pyramid much? but what happens when there is no more ppl interested on buying it? yea, it will explode eventually i actually wonder how ppl still believe in these type of stuff nowadays...
isn’t any one else concerned that tesla mostly still run on coal and nuclear power?
it's not just one guy. it's the companies behind him.
especially when they start getting thousands of complaints from people who lost a few hundred dollars
you could say the same about the federal reserve. although the feds are elected and answerable to citizens in some form. oh well, petrodollars it is
this shit insane ! thank you you took the words right out of my mouth. one mans tweet shouldn’t rock the value of the stablest of celeyptocurrencies by 20% give me a break !
no, not just you. it’s the reason i’m pulling a lot of money out.
that's how free markets react.
>isn't anyone else concerned with how much influence a tweet or a performance from one guy has on the price of crypto? people might mainly direct their concerns towards elon and his influence, but unfortunately it is a flaw with *crypto* and elon is just the first person to have exploited it on this scale. though i feel that some people might buy want to come to terms with this being an issue inherent to crypto. its decentralization is certainly a double edged sword.
you bought into a decentralized currency that primarily functions off of hype, what did you expect?
i mean if regulation means elon gets rolled for manipulating markets that is probably a good thing.
i mean...if you're buying bitcoin because you think you can predict the price...oh boy.
it demonstrates the source of bitcoin's value, which is optimism (at present time).
honestly it’s kind of nice. like a thiscount to buy more crypto cheap. however, the amount of influence the tweet had was a little too much imo.
>isn't anyone else concerned with how much influence a tweet or a performance from one guy has on the price of crypto? what's the alternative? government oversight? that goes against the core of the problems bitcoin was meant to solve.
i think it’s a bit like panic buying toilet paper (or gas). sure, if we all thisregarded elon’s words nothing would change, but because we know people won’t you have to follow his trends. it’s bad for the market, but not much can be done.
yep, i'm surprise how much money these idiots are making out there. the government will regulate it like money sooner or later. or scrape them off the table forever. they are already having issue with the pipe line hack and on a smaller scale scripps hospital hack. they all ransom for crypto because you cannot track it. this is not something that will be allow.
the sec has entered the chat to laugh
no, thats the point lol. i'm not interested in making 2% gains. the swings are a feature.
i am concerned, but we always knew it had to be able to happen for it to work as intended. if it got regulated, it would effectively just be another currency. the saving grace is that it is going to become a lot harder to create massive positive or negative shifts with more time. for instance, in 10 years i predict an announcement like elon's to be a little blip (maybe 1% influence) rather than a massive backslide. just my two cents.
you are right, this is concerning, right now most of the bitcoin adoption comes from exchanges and speculators, if people would not get used to bitcoin as money, and widely accept it as a payment method, we are doomed to have the faith of gold .
still think this is all market manipulation and it is not legal as far as i know
its just the fame... imagine if some famous singer or actor started tweeting about buying millions of dollars of whatever. millions of fans could join in and there you go.
crypto has been being used to pump up assets lately because a lot of big players are staying off margin calls. the dip is not just elon. it's people liquidating positions because the market is about to get fucky.
wow almost like it is intentional... 🙄
its not just crypto, he influence is far reaching (look no further than the activity around his own stock) and i think its problem if hes going to pump and dump and spread false information.
that’s just the nature of the game. you can’t derive a market price from fundamentals, so it’s 100% driven by speculation. there’s no global consensus as to whether it’ll be worth , and until there is it’ll be highly reactive to news
when there are more, bigger players in the market. what they say would not have much effect anymore.
regulation and cryptocurrency are polar opposites of each other.
it's good that the normal folks who bought btc to be a part of something will now sell. the ones who believe in btc will buy the dips. this environmental concern is all bs. what's the carbon footprint of a gram of gold of that of any tangible asset that is not paper currency? also the credit card apparatus and connected banking systems run on the same fossil fuels and no one talks about the carbon footprint of the same. is he then suggesting to go back to bartering?
no? it did not drop 60% like it did...3 years ago??? then spend two years 50% lower than ath... get over it if you are not in it for the long haul, you do not belong
you get shit on any time you question anything about the possibility of bitcoin going down on this sub lmao
if you think his influence there is bad, what about when he controls the internet hardware, in space, and it is only accessible by, wait for it, his rocket company...
same thing happens with shares, stocks and other financial assets, the difference here is crypto is a smaller market so everything happens more drastically. another factor - the money in the crypto space is more dumb, weak hands etc so go figure. creates more opportunities for the sophisticated ones
no because stocks are also falling
it's not one guy, it is reduction in the institutional adoption that has been driving this bull market. the tweet was a statement by tesla that had to come out so idk why everyone is attacking elon. the guy owns 20% shares of tesla so it was a board decision
yeah but bitcoin is horribly ineffective, it is a shitcoin in all ways except it being first tech evolves so it will be interesting to see how crypto will settle when it needs to have new versions to follow the rest of tech but yeah... hedge funds do the same just more covert. human physiology has always been like this as well.
no because now i can buy the dip - in fact i would love it saylor dumped too
we're in a fukd up situation decentralisation is the way forward but it means we have to regulate ourselves somehow if we start getting gov to regulate crypto, then we're basically back to a centralised way of working. sure they cannot control how much btc is mined etc, but they can control what it is used for and what we can say about it :( we just need to stop listening to people like elon to prevent him from damaging the market.
that probably was the intention of this tweet? crypto is getting too strong and when the elite loses money and control, that is not what they like.
it's stupid and almost market manipulation at this point
it is not just elon though, any news could trigger a spike or a drop. that is why i do not understand how it can work as currency. or at the very least it makes financing impossible in a world where you cannot turn all of your money into bitcoin because not all companies use bitcoin.
bitcoin sucks as an investment vehicle for the simple reason that a regulation can throw it into the shitter. i was around when china passed some laws and bitcoin plummeted, this happened multiple times. if the usa ever said... nah bitcoins gotta go because it is too big and we want to roll out our own crypto... bitcoin is effectively going to be dead via regulation. and btc utterly failed at being a dominant currency outside of novelty. for that reason i do not invest anymore, though i have made a killing on it in the past
elon is down with the government. just check out how the broader paypal mafia thoughts have changed on bitcoin recently. even peter thiel called bitcoin a chinese weapon. maybe this sub and the broader internet will stop sucking tech bro dick now.
remember the posts about the guy who created bots for when elon tweeted about crypto? this could largely be bots starting this movement, and traders who dont use bots follow, then weak hands go along. cascade landslide effect. lots of bots out there these days, unfortunately.
nothing has been achieved if the information many people get about the decentralized token, is not decentralized. i had an epiphany last night, i think it’s time to sell. i don’t want to be the one holding the bag at then end.
well people on the internet see elon as a god doo they follow every single move the guy does and he knows how to make money of it
it's just a sign that people who have no idea what crypto is are investing in the stuff.
isn't anybody else tired of the hypocrisy?? musk says he cannot invest in crypto because the mining process is bad for the environment, uses too much electricity. from the guy who made his billions with electricity.
believe it or not, the tweet didn’t do much. it’s what the tweet is about; tesla no longer accepting bitcoin. whether he tweeted about it or not, the same response would occur.
imagine if bezos tweeted like him
i mean it’s the richest man in the world. if any man was going to to influence a currency, that’d be the guy.
the irony with butcoin is the more acceptance its gains the greater the regulation will be surrounding it which goes against its initial design of being an unregulated currency
are stocks not the same? when he said that tesla was overvalued the price took a dip. markets react to news.
i’m more concerned about how little people care about anything else but the value of bitcoin. i’ve said it before so i’ll say it again. our world is suffering. we’re not ready for digital currency as long as we cannot harness energy at no cost. bitcoin’s done more harm than good for the planet so far. expecting it to be a solution is expecting time to repeat the past.
its more than a tweet for some rando imho. apart from the fact that its elon and the cult following behind him, the posturing is that bitcoin is bad for the environment. this doesn’t bode well for bitcoin to go fully mainstream (if thats what’s pumping up its value) because its easy for others to dump it for the same reason and come off sounding nice at a minimum.
bro, the last president of the united states would tweet "good news on trade with china" to spark a rise in stock prices, then tweet "bad news on trade with china" to spark a decline in stock prices, multiple times a week for years. when you're in the highest positions of power, nobody holds you accountable in this country. elon musk moves the price of crypto currencies to whatever end he has in mind, but do not hold your breath on anything being done about it. imo, the only thing that will come in on crypto will be very high taxes on capital gains.
so much hatred for elon when a day ago he was the golden boy 😂😂😂
i'm concerned too. i wish he would just shut the fuck up about crypto.
i'll be honest, i do not see a problem. bitcoin is still an unstable product, one that i expect will take over and become stable by itself. right now, we still do not have a critical mass of bitcoiners, so the price moves a lot. later, elon will be a drop in the ocean of users and no one will care about him or anyone else's opinions, as long as they can get on with their lives with stability. people buying now are just people who think that bitcoin will succeed and are buying early. also people who want to trade the volatility. maybe others with other motivations too, but over time, we'll either be holding a bag of shit, or a bag of gold. make sure you are not greedy enough to forget the bag of shit, but take a chance that would not break the bank for a bag of gold. bitcoin has a higher chance of not being a bag of shit than almost anything else as long as your time preference is good.
i mean i am, but i've never understood elon stans anyways.
that is the point he and a few others like him can tank and pump stocks with off handed comments. buy low, dump at a certain lvl of profit, make a comment, value tanks, buy low, and so on ad nauseum.
yeah, bitcoin is no more above a trillion marketcap now.
u talkin bout trump?
imagine if a president of a country tweeted controversially like this?
remember that one president whose tweets had so much influence people stormed the capital?
as if this fossil thing is completely new.
at first i wondered if you meant t or rs flipflops, but then i remembered a variant called the jk flipflop.
so he can buy more for cheap
i think everyone is forgetting there are two parties here. tesla and elon. ' if elon made the post knowing it would tank btc, he likely sold his personal stash before the tweet. he is not required to tell anyone that he did. tesla as a public company, does. whether he or tesla use this as an excuse to buy lower remains to be seen. ' but i'm getting tired of this . i'll hodl, but i'm the one that is losing the time value of money and having to wait for my alts-- all the while worrying if another tweet will send it tumbling again.
can you honestly trust anything they say? if they have to sell they’ll need to ‘prove liquidity’ again
just like last time he bought, you know, right after tweeting about it being too expensive.
damn you outed his strategy
i swear no one in this sub has even read the statement. he explicitly states he would not be selling any bitcoin...
no shit! i understand he still accepts the petro dollar as currency.
his real name is elon pump.
is this supposed to be the pump or dump because he said tesla will not be selling. if it stays on the balance sheets what's the con? he's just helping us stack sats at thiscount while usd purchasing power is tanking.
it's a good thing for people who like to buy dips.
“tanking” lol, first cycle?
it was going down because the stock market was going down, but it was not "tanking." this is a 5% loss in 15 min, 10% in 45 min. for btc, that is huge. especially compared to other coins-which-shall-not-be-named that have already rebounded and are back to where they were.
it's not gonna go near that
lol hope you sold at a lost because it would not hit 45k let alone those numbers
as if elon can do anything to bitcoin. what utter rubbish!
he didn’t want to leave paperhand portnoy as the only flip flopping bitch boy
this “dirty energy” screams convenient excuse
exactly again. it does seem amateurish. this is a weird one guys. i do not get it.
pretty sure the initial decision was driven purely because elon wanted it, but then subsequently there were a lot of questions along the line of “uh, aren’t we supposed to be the epitome of a green company? this is going to seem hypocritical to a lot of people out there”. he was probably forced to relent and reconsider.
they just applied for more clean energy credits form the government.
shouldn’t this be illegal?
yup, you nailed it. i’m pretty high up in my company and this shit happens all the time. ceo or someone makes a decision. they get backlash over that decision. someone like a marketing manager or pr person explains to the ceo how the decision is actually hurting the brand image. then backtrack
bitcoin is definitely not a pump and dump
for fucks sake guys
they still own a ton of btc.
they will buy the dip of course.
and even if this is blatant manipulation is not illegal. being decentralized has its pros and cons, if shit hits the fan none will come to your aid.
couldn't agree more. especially with the we're not offloading our bitcoin caveat. if you believed that strongly in the environment nonsense you're spewing, first you would have done your research to begin with and never bought in and second, you'd sell off your position. do we really think the guy that is leading the electric vehicle charge just bought on a whim? he's much more likely flexing his influence to manipulate the price and stack more for q2 or whatever other projects he has in the hopper he needs to fund. if not, he should have no problems posting up all tesla btc wallets (personal, too, if you want us to truly believe your bs) so we can see inflows.
you should get someone to regulate so this does not happen. oh wait...
his announcement pushed the price down, how does that helping with their q2 numbers?
"introducing tesla miner wall, the first solar powered smart heater that creates money for you" -- next tesla conf
he knew about the energy usage going in, why did he not support a proof of stake coin if he was so concerned? this is basic shit and he is not stupid
or he is buying something else, and will announce it later on for the moon.
he clearly has some semblance of understanding of the core properties. though, if he starts spouting nonsense on bitcoin, his kingship will go down just as fast. feature, not a bug of the bitcoin community.
he just do not want involve tesla, his true love, in this bitcoin energy drama.
when the rich buys, they demand a thiscount
“tesla will not be selling any bitcoin...”
holy shit! how can the tesla board be okay with this?
i was cruising the deep web a few weeks ago and one guy mentioned that elon only bought bitcoin to have leverage over china regarding his batteries that are made there. who knows if that’s true but i know the “bitcoin uses too much energy” is completely bogus.
this. something with solar and mining is going to come out. this feels like a setup.
tesla solar-powered mining farms?
it's a tough job but somebody's gotta do it.
buy one, get one half off.
i bought the dip, but then my dip dipped.
sell all or buy all, do whatever you want. this is financial advice. come at me.
you'll never time it right
this is what always happens
then i better refresh twitter every 5 minutes because the pump for that thing is going to be legendary
we do not hesitate drop our heroes in a second the moment they spread nonsense. feature, not a bug.
in fact i did. i prefer btc to grow ‘in an organic way’.
musk has more in common with ethison than he does with tesla.
at least those have an actual purpose and are doing it more efficiently than their predecessor
much less than bitcoin, if bitcoin reachs the scale of the current financial system. ' the point is, crypto could have, and already have much better energy efficient ways to run.
do you believe btcusd might fall below 47k$?
46k for 1 btc
i'm sure that . he definitely learned his lesson by losing the equivalent of like
was just looking that. if it holds then major bullish otherwise bad elon
like trying to prevent it from following the moving average since he know that means it headed up?
yeah he has shown his love for btc before. this is him loading the f' up. if it recovers or spikes soon he will get an easy gain which could be in hundreds of millions if it repeats like last time.
yo i’d buy that.
to convert bitcoin to pos would be quite simple as the bitcoin protocol is quite simple itself. what would be the downside? i would highly appreciate it.
luckily the bitcoin scene is not a cult amiright?
i think the difference is that unlike his work on engineering projects like tesla and spacex, he is given no sign he intends to work on advancing tech in the cryptosphere...
that is so true.
he's hugely ignorant about medicine & public health. didn't stop him shooting his mouth off about covid, in a highly irresponsible way.
mostly pr merit vs actual merit imo. but i agree there needs to be a push to renewables. i don’t think bitcoin should compromise pow though
tbf a centralized shitcoin hosted on aws is gonna be way more efficient than bitcoin
i mean the fact that people are even upset at all is so hilarious, people have told me for weeks about how bitcoin is so great as a mark of freedom because it’s not regulated by any organization or government. well, look what happens, good job everyone
no because there is zero regulation with cryptocurrency markets.
lol you think laws are for billionaires?
great comment. i guarantee he does understand all of that tho. i also do not think he cares about a pump and dump. really just feels like pr for his core environmentalist followers that he was probably losing because of any number of reasons. he may have underestimated the good pr he got from accepting btc that he just threw away tho.
not like the whole world can switch to solar in a day.
this is hardly a 1
i fully agree. but any intelligent person that invest in crypto should have been aware of this as a possibility, especially with crypto becoming super popular in 2021.
not gonna happen most shareholders (like myself) liked the decision to park some of their cash in btc.
the mental gymnastics here is kinda crazy. for years we were being told this is replacing fiat. for those of you who have been around earlier remember all those posts about coffee shops taking crypto and how this is the future? at first people said the transaction fees and speed need to be worked on and now it just does not matter anymore?
bitcoin’s electricity consumption is a feature, not a bug. if you think the “energy per transaction” is a relevant (and working) metric, you don’t understand bitcoin
best energy efficient coins?
it’s at 500% of what it was 1 year ago. weak hands selling is good for long term holders. just keep buying it.
store of value --> means of exchange.
[it.]( [is not]( [a.]( [problem.](
so is netflix streaming an equally egregious problem? i believe the energy consumption is on par also does not this make the 120 or so other uses of energy that exceed that used by tbc more of the real severe problem?
and if you never sell for a profit you lost the moment you invested
well then i stand corrected.
the point about tesla and fossil fuel is correct, but you honestly don’t think he knew this before buying all that bitcoin? something else is going on here...
more transactions does not mean more energy. mining would use the same energy if there is a hundred transactions in a block or if there is a thousand. the lightning network allows an unlimited amount of users to send and receive bitcoin in milliseconds for almost no fees, and it uses a minuscule amount of electricity. and there is more second layer payment protocols. the energy used is securing the entire network and generating . the electricity is used to solve blocks. not for transactions. it barely takes any computational power to put the transactions in a block. it's finding the nonce that takes the energy. trying numbers over and over and over and over. it's keeping the bitcoin network secure.
i would suspect energy for transactions to become more efficient in time, but i’m not an expert. i’m mostly talking about the unmined bitcoins being mined into circulation. i think there’s a case to be made (although i have no evidence) that in the long term it could emit less emissions. it’s not a fair comparison to compare an expanding ecosystem to a developed and refined one in the short term. of course something expanding will have more emissions to start than when it’s developed. maybe there’s no break even point (i don’t know), i’m just saying someone with the resources and ability, should analyze this.
yeah good call, i hope we find out in the future. either way, bitcoin does not need tesla to survive
snl people made him feel guilty i bet.
oh wow had no idea, that seems like the right way to do it or just have it directly calculated from the current value of the coin
and if you live the in u.k., it’s basically 0% coal :)
we must embrace pain and burn it as fuel for our journey kenji miyazawa. i just added the bs
aren't people crazy. give them money they happy. take them money they mad.
i've been concerned since he first started tweeting about crypto and the world paying attention to every move he makes reacts to him. the pattern was there all along. this is the kind of things that would make governments start to focus on regulating crypto somehow, which also would cause the price to tank. the extra capital gains tax and taxes placed on crypto when used for purchasing things is already something that makes me nervous.
gotta love the hypocrysy right
i'm past caring about him and crypto. he should stick to cars, rockets and hair transplants.
anyone in it for all of the long term should be thinking this. i’m not a swing trader, so price dips are great. dca
still does not make it right. a decentralised space does not need that
tell that to all the leveraging day traders. they too are the reason bitcoin cannot pass it’s ath easily. they dump the moment we approach the last high, then short it. and so it keeps being pushed down.
no shit. that's why you tune it out.
you do realize the value of 1% of market cap is right?
the decentralized nature of bitcoin has nothing to do with its price lol
>twitter decentralized can't beat the hivemind
crowds are decentralized, but they still often move in one direction. if people think that others will sell because of elon's tweets, they will sell too.
a pair of flip flops made out of waffles
traditional banking uses way more power than bitcoin, how long until tesla stops taking fiat?
right, and he sold before releasing this news to make a profit before making the price crash
i’ll bet dollars to donuts he is buying the dip.
i ran around my house in a panic seeing if i could find money under the mattress or in between the couch cushions so that i could buy some of this super sale. see you at ,000 bitcoin in october.
it gets rid of people who are only in it because musk tweeted so.
everything is good for bitcoin for some reason.
haha this actually made me laugh
in fairness most people in crypto weren't in the space a month ago.
10% for btc hardly seems huge.
nasdaq was actually pumping hard and after hours right before elon tweeted, still is going stronk
it’s at 48.9k right now
remember me? of course i don’t know but there’s a high probability of it happening and i told you guys week in advance. and you keep telling me what a fool i am and the graphs and charts keep saying i’m right
really it hit 46k and that is close to 45k and that was just 13 min when you replied, the night is young
its at 46500 now. care to change your prediction? lol edit: went to 45700. nice ta 🙄
remember me? i keep telling you what is highly probable and the graphs say i’m right again. who looks like the idiot now?
things would have been fine if this silbert had kept shut
i suspect that the various ethical.
they knew every bit of this before they made the adoption decision.
i love how they will not be selling any though. like yeah we know it is fucked up but we got in on it and now we can make it seem like we care
it very obviously is
i'm just repeating what i've read elsewhere, but apparently btc mining is now competing with tesla for certain materials and components. dunno if it is true or if this move really helps that in the end, but since the one thing we know for sure is that eco-friendliness is not the reason musk has done this, the notion seemed plausible enough.
perhaps he was getting impatient for his personal buy order at 47k to fill...
elon is being elon. he's an impulsive man child. always has been. but the internet loves him because he posts memes and smokes weed. he's a 50 year old man with the mental and emotional development of a 15 year old.
elon is not the good guy. surprise.
this is exactly why financial regulations were created to begin with. rich people screwing the average investor with their power and influence. in fact, 99% of regulations created in the 20th century were a direct response to criminal exploitation.
crypto not yet regulated like this so while it should, it’s not. isn’t that a lot of people’s wet dream though to have no regulation :/
nope. bitcoin and cryptocurrencies are not financial regulated, yet. the whole idea of btc is not controlled by anyone. in a free market, anything goes. so if someone has enough hash powers to attack the network, then that person controls the bitcoin's network. and big influencer like musk can move prices. if you want a complete free market, you welcome some dirty players who also want to profit like everyone else does.
given that musk portrays himself as being really clued into tech, his not knowing the alleged "green cost" of btc before he made the decision is a trifle hard to swallow. nah...this was a well planned p&d scheme.
price when tesla says it is accepting bitcoin: ,461 price when tesla says it is no longer accepting bitcoin: ,573
for them it was, and sadly it worked. just buy the dip
it’s not as simple as pump and dump. it’s more like a pyramid scheme, where the upper level holds massive amount of junk and entices lower level buys at a stupid price. due to the lack productive value, crypto will forever be a zero-sum scheme. money just flows from lower level to upper level.
yeah this is a natural consequence of decentralization. no central authority to regulate market manipulation.
i think there is a bit of grey area between 'kyc on every wallet' and 'not allowed blatantly pump and dump'. most people were happy when elon bought btc; people that understand elon saw the writing on the wall.
fuck elon he can eat a robot dick on mars
we all know what it is
this friends and family thiscount, if your mother and i buy an item does it go up from 25% to 50%?
they are all in this together you scratch my back i'll scratch yours elon is a known narcissistic liar, media portrays him as a saviour but he really is nothing more than a charlatan (the idea of tesla, spacex are legit but he is not the one to lead them)
could be. or maybe a powerwall that doubles as a miner??
you *might*, that is why it is basically gambling. sometimes people do, you hear those stories. most of the time people do not and lose...you do not hear those stories as often
that's absolutely false. power usage does not scale in a multiplicative manner as tech networks grow. people said the same thing about the internet using all the worlds power if it kept growing. now it only uses 2% of the worlds power to run the internet because people did not understand; you cannot simply extrapolate the current power usage of an evolving tech network out into the future with multiplicative math. it is bullshit math that does not work. you cannot compare the static systems of current brick and mortar banking with a quickly evolving, decentralized, and transparent network. anyone that understands how technology has scaled historically understands that bitcoin will reach an efficiency level unmatched by traditional banking.
i highly doubt it but i would double down if it did edit - comment did not age well, looks like i'm about to double down
aaaaaaand we are back at 52k lol this is fun
i don’t know much about autism but that doesn’t sound true at all. the guy is just a scumbag
his net worth taken a big hit this week
very limited supply although more coins are minted about once a month.
you wanna get rugged by his pubes?
believe it or not it already exists
every coin maximalists behave like cultists.
exactly. why wouldn't he stoke the change he wants to see? start funding initiatives to mine crypto using renewables. no one in the world is better positioned to do that.
great. now can you guarantee that the supply will never be altered? will aws ever be pressured to stop hosting the shitcoin servers?
his ego got too big. he done messed with the hodlers.
energy per transaction cannot even measured. and miners are generating . bitcoin mining does not cause anything close to the damage to the environment that any other large scale industry causes. this fud is so ridiculous.
i'd love an explanation, lots of newbies out here
it's a feature because the btc fanboys refuse to let btc evolve. it can be just as secure and decentralized without being archaic and a waste of energy
stop trying to pump your bags, shitcoiner
that's 5x in one year. (best year in a while.) 50x in 3 years is a pipe dream.
your almost there. now the calculation on a per capita basis. netflix gives entertainment to millions of people. bitcoins only real use is to buy goods on the black market and to blackmail small businesses.
show me a report that says it is.
exactly if ev's are green then so is bitcoin - there is no guarantee and ev is charged using renewables either lol
any study shows it. only a shit paper funded by a miner claimed it uses lots of renewable energy. that paper gets reposted non stop by coin shills but that doesn’t make it true. try to find the sources next time you read bs in the internet.
you have huge starting supply, you stake it, you got huge staking returns and therefore grow your huge starting supply even more. very easy concept.
yep, it wouldn't surprise me that along with his tesla stocks sinking he is been under a lot of pressure and made a rash decision.
yeah they had a policy on how it works before when it was being accepted. it sounded reasonable.
so all natural gas then? what's the point seems barbaric
good thing the people run government and not government runs people. i am so entirely sick and tired of gov telling us what to do
he should delete twitter and pay his fucking taxes nobody should care what he does otherwise
ham and crypto. sounds deeecent.
no. people in it for the long term should not be thinking this. transparent and effective price manipulation is not a good look for any crypto.
so elon can pump and dump anytime... that's the beauty of it
true... my bad. i didnt punctuate properly, also my english sucks...
using his logic, will he stop using his rockets as well, they do use methane
october 2024... i'm patient.
man i was stressing and your comment made me laugh cuz of your enthusiasm . see you in october homie!
but how does that help bitcoin in any way
> it's not intended for payments haha what? the first sentence of the abstract on the original bitcoin whitepaper is "a purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution." it was literally invented to be used for online payments.
well it is not particularly useful if your trying to buy a cup of coffee or other low dollar items with it. however, tesla sells cars and bitcoin certainly has utility for transactions in the ,000 + range. i do not understand why elon would tweet this when he new about bitcoins energy demand all along. i guess the silicon shortage is going to start hurting tesla too.
so it is not a currency?
literally the exact opposite reason why crypto was created. bitcoin is a peer to peer transaction system. the synopsis of the white paper is for it to be used as a currency hence the name currency. like what??? it just happens to also be a great store of value rn. but in the future, who knows? that’s speculation. what’s not speculation is that bitcoin and crypto is built to transact with others without a bank or middleman. that’s it’s original purpose.
you do realize you can just buy other assets with cash right?
bitcoin is not supposed to forever be an appreciating asset though...it will eventually taper off to it is expected value, even if that is decade's away
elon most likely used it to accumulate bitcoin. not as your day to day payments.
bitcoin is absolutely intended for payments, among other things.
confused about your comment. you reference two different types of assets... stock and gold. gold was once the standard that fiat was based off of, like, 80 years ago (or however long ago it was before it changed to the us dollar). it was inherently changed to the us dollar because, semantics aside, people believe(d) in the us dollar and our reputation. so why not base your currency off the strongest economy in the world right? clearly ain’t the case anymore. i’m not sure what the point of your ‘paying in stock’ argument is, because that’s never been a thing. it’s like saying, “well, we’ve never been able to pay in moonrocks”. it’s possible i misunderstand your argument but it doesn’t seem like there is an understanding here.
i definitely do see it as an investment, but lot’s of people claim bitcoin to be a a form of currency like a dollar or euro? wider acceptance of btc by organizations as a form of currency should be a good thing, right? otherwise people keep see it as a bubble with no real value?
don't all assets appreciate... essentially
it always puzzled me who in their right mind would be accepting a currency that has 8? hold on lemme buy a car at 3:45 am when the bitcoin goes from 52k to 55 k.
how some dumbfucks in the crypto worship billionaires, i'll never know. this whole thing was started to tell the uber-rich to fuck off.
this... wake me up when it hits 50% more down. i need moar!
for the time frame it is.
its gonna be back above 50k by the end of the week, does not matter
,376.08 is lowest cmc
no it did not
i mean this guy can barely fuckin spell so
this sounds the most plausible to me. but let me debunk the energy issue, briefly, logically... without stupid assertions like 'btc uses 70% renewables!' the question you start with is, if it requires 100 acres to feed 1 mil people, how many acres are required to feed 2 mil? the answer is always 50 acres... half as much. you can vet this historically, when populations double, farm land gets cut in half - because of efficiency, aka 'ingenuity'. take cars, assume 95% are gas and 5% 'solar powered'. now imagine a world where demand for cars fall 50%... what percent are gas now? 100%, cause all innovation stopped. now imagine a world where demand for cars, power increases suddenly 10x. scarce resources, like gas, shoot through the roof. (renewable) 'solar cars' shoot through the roof... 10x demand in cars, and you have 100x the demand of previous solar cars (95 & 5 -> 500 & 500) - cause one scales. this is the 'hitler, thanos' paradox - the idea that technology is stagnant, and thus mass deaths liberate the world. in bizarro land, it is also, oddly, the belief of greens and other 'save the environment' people - kill the humans, save a whale. it is a huge fallacy, that depends on the end of technological adaptation. they believe the cities are covered in horse dung, cause cars do not exist. they believe 'robo taxi' fosters homelessness, cause humans cannot learn - that we are all old, near dying. it's a regressive logic, that fails historical look back. if you want innovation, you double & triple demand. this is why i support pow - i know it is not the most efficient. i know it is not truly necessary. - but it creates an x prize on power innovation + silicon chip innovation, and that is why i like it. if demand for power spiked 10x... who wins, oil & coal, or renewable (and for renewable you can think 'non competitive')? there is only so much oil... and 10x demand is a 100x price increase... a 1,000x demand on solar decreases the costs by 90% (manufacturing, tech efficiency). so if you want something done, without governments, you allow markets to play out, and preferably even stress them - bitcoin (and tesla cars) will do great things in furthering the demand for energy; creating efficiency, for our children's children. don't become the hitler, the green, the people killer... believe. in. life.
they aren’t the singular reason bitcoin made that jump. other cryptos followed the same growth. the stock market kinda did too...
you underestimate all the things square did
i think you're missing a step to explain why they are no longer accepting orders in bitcoin. if they think bitcoin is inflated and will crash, they will essentially be selling fixed price ,000 cars for 50% off when the price falls again.
i mean it’s dropped to as low as 46,000 since the news
give it a few days to tank
why say anything period?
its true, hes given a free pass so often on reddit. he's not on our side... (that is the side of non-billionaires)
who regulates a decentralized system? elon is using btc exactly as it is intended. there is no issue with btc that should be addressed with policy. that's entirely against the point.
next he will be saying how if "bitcoin does not reach ,000 by the end of the year, he will eat his own dick".
does not sound bad haha
it's already gone bro.
yes, key word being \*evolving\*. a word hated by the core dev team...
>that's absolutely false. power usage does not scale in a multiplicative manner as tech networks grow. i do not understand what you mean by this? bitcoin mining uses more energy the more people are mining and the more transactions are taking place, it has already grown a lot and has not become more efficient. ' >you cannot compare the static systems of current brick and mortar banking with a quickly evolving, decentralized, and transparent network. you can when a bitcoin transaction wastes *hundreds of thousands of times* the energy of an equivalent visa transaction. we are at a point were bitcoin mining uses as much power as medium sized countries. the financial system currently uses around 26 twh at max to run their financial servers - about half of the lower-bound estimate for bitcoin. there might be more efficient cryptos, but bitcoin is a thisaster in energy efficiency. don't even get me talking about what bitcoin and other cryptomining is doing to gpu and chip supplies, the ecological impact and material waste go way beyond just energy consumption.
goddamnit i missed my tax loss harvesting.
i mean it can be approximated based on the global hashrate, best and worst miners out there, and electricity worldwide and in bitcoin mining hotspot
ridiculous... and increasingly desperate sounding. i'm amazed the price still reacts so strongly to even the dumbest fud.
debt based fiat money can only exist if the economy is expanding exponentially, which is the actual culprit. bitcoin is often criticized as being "deflationary" and thus leading to no economic growth, but this is the only sustainable solution for the environment. in contrast, building 1000s of starships for traveling around the world or into space for pleasure contributes significantly to the environmental catastrophe. elon musk is a total hypocrite.
i'll let saylor explain: edit; wrong link
the energy you use when mining is not used to secure the transactions that you are putting in your block. it is used to secure all the past transactions since the genesis block. which include: - purely onchain transfer - transfers done on layers 2 like ln (if the channel used are closed) - transfers done on other centralized (exchanges for exemple) or decentralized platforms that were at any point settled on-chain so we’re talking about trillions in usd term worth of value here.
more electricity used = more secure bitcoin is.
anything bad about bitcoin = you do not understand bitcoin that is the explanation
energy is a burden for an attacker. the higher the energy consumption, they more secure the network.
energy spent is a function of the price. if the reward is high enough, more people will spend money to mine. essentially if only 1 person with a graphics card is mining, the bitcoin network can still process the same number of transactions as if a billion asics are mining. its just a matter of security.
there can be zero transactions for weeks and weeks and the energy usage could be the same. or conversely, 90% of the miners could turn off their hardware and stop mining, and the same number of transactions could keep going through. the energy is spent solving blocks. the difficulty determines how much energy is required. the amount of transactions has zero impact on the energy spent.
check out my other comments. feel free to ask ant questions of them if you have any
no it can’t if you want to keep it decentralized: “it make it almost impossible for someone to change the past. and also make bitcoin more decentralized as the energy used to mine bitcoin produce heat which is a by product that can used for different things, which make bitcoin mining something even poor and middle class can afford (check out wisemining on twitter). compare to pos where the cost of entry is high and where you have to block your funds, or trust a third party… like a bank.”
no, cash is the biggest supporter of crime not the most trace-able currency in history. you are basically just saying that your values are correct and other's values are not, therefore btc's purpose is lesser than people watching shows all day. there are people out there who think btc's purpose is superior to that of netflix. there is no reasoning here, just your feelings
about 30% gas as of q1 last year, probably less now. how is gas “barbaric”? it’s way, way better than coal.
yeah it’s fought through worse fud.
i encourage you to research how any open market works. the reason he is allowed to do this is because there are no regulations surrounding and protecting bitcoin and other cryptocurrencies to prevent market manipulation, like exist in other older and more regulated markets, such as the stock market. probably important to state that i’m neither advocating for or against regulation in cryptocurrency, just that this is how it is when you have a truly free market. elon’s influence over the price of bitcoin is only as great as the weak hands that are selling their bitcoin over this largely inconsequential news
also anyone can part ways with their coin because elon tweeted. freedom is beautiful.
originally. it's pivoted a long while ago to "store of value". i agree that its terrible for small transactions but large purchases like cars or houses etc seem to make sense.
bitcoin is far from its original paper, and currently, it should not be used for payments or p2p transfers, it is ridiculously slow and has very high fees. no, lightning is not the solution, it is only a band-aid.
the whitepaper is not the end all be all. there was a fork about this.
if fiat was not a thing, then yes. but our rulers force us to pay taxes in their fiat currency, so it has to be an asset for the time being.
lol get at me when the gas fee cost less than the pizza i'll buy with it. oh, wait there is 3rd gen coming with transaction fees at tenths of a penny and they clear near instantaneously. yeah i'm not holding my breath.
it's the internet of money.
what it was built to do and what it does is not the same thing.
humans are easily programmable sheep manipulated by the wealthy. believing elon and jeff are these messiah like figures.
they were tripping over themselves to bring cuban in to the fold and slurped up his every quote.
these are just trolls. and they do not own cryptocurrency.
well technically it was to get away from fiat currency’s but all people care about is how much bitcoin is worth in dollars
cryptocurrency was always about neo-feudalism.
the time frame for big margin loses is usually short, which makes sense as the theme is "fear", the bulls take the escalator up, the bears take the elevator down. of course people are worried that it will become another long term trend downward, that is fine, we all need to get used to scaling walls of worry.
ehh. btc lost 55% of its value in 36 hours last march. remember that? i do.
binance low 45,700. guess it depends on your exchange.
what did it hit today? that’s just 6 days from what i told you what was a high probability
i was gonna smoke a bowl but i think i'm good now
>when populations double, farm land gets cut in half what's stopping humanity to just increase in population so much that a single average backyard would be enough farm land to feed em all? that's some high as shit 'logic' you got going on there, mate.
username checks out, i wanna hang with you
are we redoing the twenties?
so. tesla cannot pump btc, but square can?
he can have the idea for free if he promises to never tweet about crypto again
i've never seen any examples of them hating the word evolving. show examples or gtfo
just because you do not understand how tech networks become more power efficient over time does not mean it is not true. hopefuly you educate yourself and look at the history of the growth of the internet. people all said it would eventually grow to use all the worlds power. sorry you do not get it.
no it cannot. because nobody can count transactions that happen on the lightning network, which uses minuscule electricity. so it can never be measured, and it will always be unknown.
i understand this, but how is this consumption a feature? or was that tongue in cheek?
your centralized shitcoin requires reputation and trust of representative nodes. and the nodes do not have any monetary incentive for operating. but those spammed transactions that brought the whole network to a standstill was pretty funny last month. especially because you shitcoiners were bragging about the number of transactions before it crashed haha
and unfortunately if the energy consumption becomes too low, it becomes easier for hackers to do a 50% attack
and that is a good thing because? proof of stake or proof of capacity would be better for everyone
how about proof of capacity. much easier to decentralize and much easier for anyone to be a part of.
no even if we ignore values netflix delivers a service to more people for the given energy use than cryptocurrency. the energy usage per netflix user is orders of magnitude lower than the energy usage per bitcoin investor
no. show me the report that says it is.
no you fool, bitcoin is the reason why climate change is occurring and the essence of the entire petroleum industry is based upon its generation - if people would just rid us of this pesky currency, the climate would normalize!
show me any!! source that actually claims with sources what you say. and don’t come with a link i only need 10sec to debunk. the cambridge study is well known: the renewable energy bs comes from 1! shitty paper funded by a miner and all other sources wich claim the same just copy paste without actually doing any research themselves. just look up the energy generation in china & mongolia where most of btc is mined.
oil natural gas coal whatever fucking non renewable energy source of your choosing its all archaic and barbaric. you do know the federal government shut down around 6,000 free energy patents right?
who would want to pay capital gains tax on a huge purchase like a car or house? that would be ridiculous!
but still not really for big items. as a store of value, it’s better to use as collateral to take out a loan for big purchases like that
but people *are* using it for payments and p2p transfers, and having no issue doing so. luckily for bitcoin it gives 2 shits about how you think it should be used, and people are free to use it without permission, however they like.
maybe. i looked it up and their claiming the shortage is not effecting them at the moment. however, i wouldn't be surprised if they start having problems in the future.
it’s the caviar of champagne
lol i just love the mental gymnastics
dollars were built to be spent and are used to snort lines of coke all the time. just because people don’t use it the way it was intended doesn’t mean the basis of what it is changes. it is quite literally a currency. but i do agree it doesn’t get used like that by most. that doesn’t mean that’s not what it is though. i don’t understand why people are trying to argue the opposite.
and it also does not have to do just one thing because you like it better that way
you realize at some point the market cap gets so large that even billions wont move the price much. thats the future hes talking about.
i have a friend that would just get so hard when it came to elon. messiah is the correct word. elon is just a smart guy who hypes himself well. in the us you get far on just that second part alone.
to be fair, cuban just tweeted this:
that does not work when your satirical comment sounds exactly like someones serious comment.
this dude smoked enough in for the entire sub
yeah, what? all because of “ingenuity” we can halve our farmland while doubling our population? let’s just say i’ll need to see some sources on that.
i know right. made zero logical sense and was totally irrelevant to the question at hand. and people think this debunks something - like using heaps of energy is actually a good thing, cos you know, it might force someone to innovate or something...
in more ways than you may realize.
keeping an eye on germany.
sounds like fun! at least until it all came crashing down and from the ashes totalitarian governments emerged and came close to destroying liberty.
does 32 mb block size ring a bell maybe?
"tech networks" are not a monolith, what happened with the internet is not necessarily what will happen with bitcoin, they are completely different technologies, being "tech networks" is about all they have in common. and as i said bitcoin is already massive (like, power requirements of medium sized country massive), and we are not seeing increased efficiency.
if you use the energy per transaction metric you probably think transactions in second layers don’t count in the first place so it doesn’t matter.
it make it almost impossible for someone to change the past. and also make bitcoin more decentralized as the energy used to mine bitcoin produce heat which is a by product that can used for different things, which make bitcoin mining something even poor and middle class can afford (check out wisemining on twitter). compare to pos where the cost of entry is high and where you have to block your funds, or trust a third party… like a bank.
the consumption is essentially what drives the value in this market. miners need to cover their expenses so the cost of mining essentially creates a floor for the price of bitcoin. this is why the halving pushes prices up. proof of stake mining does not really cost anything so their value theoretically has a much smoother ride straight to zero. plus the rich only get richer in proof of stake systems, so this is the main reason all these elites want you to convert over to proof of stake. all they have to do is hoard their coins and get more coins; where as with mining, they have to spend money to obtain more.
its a feature of the security, an attacker would have to use over half the energy currently used to attack the network.
bitcoin doesn’t destroy the environment.
right. thats what the masses misunderstand about the energy consumption of btc. the proof of work is what makes the coins valuable. without the pow there is no security.
right. thats semantics though. lets say if 10% of the miners dropped per month for the next 18 months or so... the difficulty adjustments would keep block times fairly steady. and then there would be a 80-90 percent reduction in energy consumed per transaction. the network would also have a 80-90 percent reduction in the security. point is, its not the transactions that are imposing the energy cost. its how much hardware is mining. if its profitable it will keep increasing.
>and that is a good thing because? because its the only way to secure a blockchain while keeping it decentralized. >proof of stake or proof of capacity would be better for everyone except for everyone who cares about decentralization and immutability.
no other system offers the scarcity, security, and validity of bitcoin. even the best altcoin around reversed the state of a smart contract on its blockchain in 2016 to mitigate a hack for 3.6 million of its circulating supply. bitcoin cannot do this and that is an inherent advantage of how it operates. any digital monetary network that is not pow will automatically be relegated.
identifying energy usage per person does not enable you to make a meaningful comparison to btc, for starters. second, comparing energy usage per person does not make sense as a means of comparing the two. you've attempted to reframe this thiscussion into one that you would prefer. btc could have zero "users" (people making transactions, presumably) for a period of time and have constant energy usage. it could also have an increase in "users" (transactions again, presumably) and a decrease in hashrate (energy usage) and still function. these are not the same for netflix. what you are doing is similar to comparing a submarine to a train - they are not comparable unless you are purposefully being misleading. you are basically finding a new way of saying that you believe entertainment is a more valid use of power than a digital monetary system. this is entirely subjective and based on your opinion.
agreed except internet wasn’t created till 80s lol
it's sad that someone who reads this subreddit does not know the difference between money and currency
people are staring to get butt hurt they cannot tell you how to use it, and get upset when *how you use it* goes against how theh think it should be used.
you can use it how you want, that does not make it a smart choice. you can use a fork to eat soup, it is not because you can that you should.
elon just wants to play with markets.
i thought it was just me...
who needs sources when you are so redpilled you came to understand that environmentalists are literally hitler? certainly not that guy.
what would that have done? more people would use blocks more frequently and people with lots of cash wouldn‘t care about pumping fees. you would have scaled the transactions per second a little bit but not fixed the problem. sorry that blockstream tries to solve a problem by new tech and not bumping a slider (variable) up.
segwit and taproot are great examples of evolution that the devs embraced. if you have personal thisagreements about what constitute a healthy change, fork the code and get everyone on board. there is nothing stopping you. this narrative that the devs hate evolution because they thisagree with your personal beliefs is total horse shit.
what happened with the internet will absolutely happen with bitcoin and has already been happening in regards to energy efficiency over it is 10 year lifespan. you are not paying attention to the data or the rate at which the network has become more efficient over time despite it is growth. this technology relies on increasingly efficient computer hardware and renewable energy, both of which were getting better already with or without bitcoin. if you do not see it, that does not make you right. you sound no different than those who cried "the sky is falling" during the internet boom. comparing bitcoin to the energy usage of a country is a terrible comparison. bitcoin is a global financial network, of course it has the energy usage of a medium country. compare it with the global cost of maintaining a banking system that is only open from 9-5, stop comparing it with countries. christmas lights use the same energy as a lot of countries, but that would be a stupid comparison to make in the first place. the cost of securing the worlds monetary energy with complete security and trust is worth the energy spent and will only get more efficient and reliant on renewables. ~75% of miners use renewable energy to mine bitcoin. lets not forget that bitcoin also uses a good amount of stranded energy that otherwise would have been wasted or untapped completely. on top of all this, it is impossible to calculate the opaque energy costs caused by securing fiat money (trucks, guards, ships, planes, construction, building maintenance, environmental waste, etc.). bitcoin's energy use is totally transparent and easy to track. any number showing how big the traditional banking system's energy use is, that number is certainly much higher in reality. comparing visa to bitcoin means you do not actually understand the difference between a settlement layer and a layer 2 solution. visa is a layer 2 solution that sits on top of the settlements layer of our banking system. that is why when you spend money with a credit card it takes a few days to settle on your account. bitcoin is a settlement layer so you cannot compare it with the costs of visa, you have to compare it with the costs of the banking settlement network. the lightning network is a layer 2 solution for bitcoin that reduces energy use and increases the speed of transactions by an order of magnitude. you should learn about the lightning network if you want to compare something to visa. the problem is all your comparisons are hopelessly uninformed.
why would a lightning transaction not count? because it does not use hardly any electricity? that's a good thing.
understood. thank you sir.
because the one thing this world really needs more of is heat.
sounds like proof of capacity is the better option then
almost any industry that use non renewable energy is. i get your points up in another post, upvoted! but i do not agree that inneficiency is ever a feature, it is just an excuse. better efficiency always lower costs for the end user and helps to scale applications more
please explain why pow does what poc cannot?
lol okay, i guess it is fitting to burn fossil fuels to power a fossil technology
a digital monetary system that needs to be converted back to real money to buy anything with it. global warming is the biggest threat to our species and your producing waste heat making useless calculations for a gambling instrument.
okay i read the paper, and i'm still not fully convinced. their only citation for that number is [this paper]( which in turn does not fully convince me. they base their calculation of 90% renewable penetration in sichuan, where nearly half of all bitcoins are mined and cites "morgan stanley research". but they do not have an explicit link, and i spent 20 minutes googling various combinations of morgan stanley and renewable energy in china, and i could not find anything. they also mention china's renewable portfolio standard, but all i could find about that was [20% non-fossil fuel by 2030]( far short of the 90% they claim. part of that may be the fact that the paper does not define what "renewable penetration" means, but i cannot find any definition other than % of energy usage that came from renewables. barring that, i instead looked into some of the western territories that they give numbers for, i.e. oregon, where they claim 100% renewable penetration. but looking at their [biennial energy report]( it says less than half of oregon's energy generation is renewable, and targets 50% by 2040. it does say that more than 90% of energy in some regions come from hydro, but that still is not the 100% that the coinshares paper claims.
i do not give my information to random companies. sorry.
your guess is as good as mine. some articles claimed they had to "change parts or suppliers" to avoid supply issues. i was actually surprised to learn they were able to produce that many vehicles this year. it's not the greatest source, but they quote earrings call and shareholders letter.
what? you in the wrong subreddit, something tells me you dont understand bitcoin. "designed to be inflationary." the fuck it was.
oh i forgot about him. thank god he does not have an elon like cult
oh my god just marry a picture of him already you weird bootlicker
you would have doubled transactions per second. yes, btc is a store of value but even for a store of value the transactions per second are way too low and way too expensive. also lightning is not really a solution, for every person you want to pay btc you have to open a channel first which costs tons of fees. so far, there havent been any significant evolutions to the bitcoin network since every time it just became a fork and not the main chain.
it is not an opinion but a fact that a pow crypto will always use as much energy as the block reward is worth. imagine btc is worth 500k next year, the energy consumption will be insanely high until next halving. if btc developers liked evolution they would think of something more sophisticated than pure pow.
people using energy per transaction metric think they don’t count* because you can’t mesure it
we use heat everyday for making our water hot to shower or our house to live in. except that in one case, you use electricity (or coal ) just to get heat. in the other case with bitcoin mining, not only you help secure trillions of usd worth of censorship resistant financial transactions, but you also get the heat. no downside whatsoever.
releasing heat is not a problem. releasing gases which trap heat in the atmosphere, is a problem.
bitcoin use mostly renewable energy and it’s going to get even better as time goes by. products like sato by wisemining are going to make bitcoin mining even more decentralized and green. (disclaimer: i’m invested in the company)
your reply offers no substance and fails to address the matter using first principles, but at least you've unveiled that your investment is parked in one of these fancy new future technologies. it's been over 12yrs since bitcoin's inception and more than 680,000 blocks have been mined successfully. why are you altcoin heretics so envious of the first mover advantage?
ok so you've abandoned your original point. now for your new points. your first new point is demonstrably incorrect. many places currently accept btc for payment, but that is not its only use. your second new point is misleading. you should focus on construction, mining, transportation, and fossil fuel extraction if you are worried about global warming as these consume more non-renewable energy and produce far more environmental destruction than bitcoin. even solar panels and batteries for electric cars require some pretty ugly mining. bitcoin on the other hand offers possibilities to use stranded energy (solar, wind, hydropower). previously these forms of energy had to be harvested, stored and transported, which is highly inefficient - with bitcoin they can be monetized on site and support economic growth in underdeveloped areas in additon to incentivizing green energy production. after all, money is nothing more than a store of energy i.e. time and work. bitcoin is currently mined using \~74% renewable energy. i'd advise you to do some research, things are not always as black and white as you might assume.
from what i gather, the point he makes in the article is that miners setup their locations strategically in the areas with the cheapest renewable energy. so it’s not that oregon runs 100% renewable, but that the miners are using 100% renewable where they’ve setup shop in oregon. i wish he gave more details as to the source of this data, but it does appear it is an estimate based on the sources he sites, which you mentioned are elusive. penetration refers to the percentage of electricity generated by a particular resource. it’s confusing the way it’s used in the paper. i think the methodology is on the right track, but we need more hard data, i.e. sources the reader can check, otherwise we do not know where the data ends and their assumptions begin.
if anything, he actually shoes deserve a cult. if you read his shareholder letters, they are consistent from day 1 through now. customers hyper focus. always raising the bar in hiring. trying new things. whether it is all good or bad is a more moral thiscussion. but in terms of cultish acceptance, i am surprised why more people aren’t following him. maybe because he’s is soonish and doesn’t provide that 2 second sound bites.
that's not a fact. it's part of the incentive structure that a miner will consume no more energy than the block reward is worth. but it is not written in stone that a miner will "always use as much energy as the block reward is worth"... that is actually false.
show me your equation with historical data proving the exact relationship between bitcoin price and energy consumed. it should be trivial for you to show that if it is a fact. i'm waiting. and yes, it is an opinion that you define evolution differently regardless of bitcoin's energy use.
or we could just not have bitcoin? the world was fine without it and will be fine when it is gone. it literally provides no value other than being some sort of digital ponzi scheme.
do you have a source on renewable energy usage?
lol i have plenty of bitcoin, i'm just not a fanboy and can recognize where the technology falls short
what are they basing that estimate on?
i do not ask for much. i just feel that congress should have a higher level of standard than junior high. make everyone read it, and at the end of the week they have to pass a basic 20 point quiz, and if they fail that quiz they are ineligible to vote on it.
how about we pass 1 bill at a time instead 100 at a time
that’s a big fucking stack lmao
i mean, they didn’t even read the patriot act. you think they gonna read that sleeping pill?
thanks to , [here's the link to the actual bill]( downloading and searching the pdf version, the only thing i found talking about crypto is in "sec. 80603. information reporting for brokers and digital assets," the first line of which reads "(a) clarification of definition of broker.—section 6045(c)(1) of the internal revenue code of 1986 is amended—" this section defines "digital assets": > digital asset.—except as otherwise provided by the secretary, the term ‘digital asset’ means any digital representation of value which is recorded on a cryptographically secured thistributed ledger or any similar technology as specified by the secretary.’’. the main takeaway for me is this snippet: > (d) return requirement for certain transfers of digital assets not otherwise subject to reporting.—any broker, with respect to any transfer (which is not part of a sale or exchange executed by such broker) during a calendar year of a covered security which is a digital asset from an account maintained by such broker to an account which is not maintained by, or an address not associated with, a person that such broker knows or has reason to know is also a broker, shall make a return for such calendar year, in such form as determined by the secretary, showing the information otherwise required to be furnished with respect to transfers subject to subsection (a).’’. maybe i do not know how to really read that snippet, but it sounds to me like it is amending the irs code to state that "brokers" will now have a responsibility to report crypto ~~assets~~ transfers to the irs. i do not see any details of how that is to be implemented or if there are any breakpoints of transfers or spending or whatever, so it seems a little too open ended to me. anyone with either experience with these things or a better reading comprehension than me, feel free to chime in.
they do this every time and no, no one ever reads any bills and yes they will pass it. these things are frankenstein bills, this shit wasn’t written overnight, it’s filled with wish list type stuff that just waits to be added to something.
somehow, i'm afraid that the crypto tax is not the most outrageous stupidity in there.
serious question… if no one knows what’s in it, who wrote it?
crypto is already taxed.
monopoly money is what’s being printed
there is only 1 party. and it is against us all.
lol this is every bill. you think these 70 year olds are reading any of the shit in bills besides what their intern or aide summarized to them.
it's always fascinating to see how much fucking theater is in us politics. they legit put a cartoon sized price tag on a bill. i've seen other senate hearings with posters and graphics fit for a junior high presentation. it's just silly how they present everything.
why do they continue to waste paper and not just go full blown digital. i want to ctrl+f that shit
thats 12 reams of paper.
we all need to put our stupid two party political differences and division tactics that have been fed to the american people and come together. reading the majority of the comments on this sub it amazes me how similarly we all agree that there is mass inequality and financial theft going on by the elite class. we should all start focusing on the big picture and forget the small details and start taking action to unite. you guys are all great, i see more unity in here when dealing with government.
what a joke this world has become
*welcome to the big shit show*.
this is a fucking circus. when do we get to shoot these fuckers out of a cannon?
what a hypocrite. all these politicians both republicans and democrats. no one reads the bills. they don’t craft the bills themselves. they have aids who specialize in that legalese language who read and summarize them for their respective congressional reps. but both sides put on this stupid drama of showing the size of the printed bill. weird that such clowns are ruling over us. why do i keep voting them in. maybe i need my head examined. lol
that guy spent government money to send someone to hire a designer to make
this system is legit broke.
there are plenty of offers that do not have kyc, i would use them
i do not even want to bother figuring out the tax headaches
people are starting to realize that no one in power actually wants the average person to succeed.
none of them read anything. their subordinates read pieces of it and give them cliffs notes of it. then when someone's asks about a part they have not gotten a report on they simply say i do not recall or may i get back to you. gotta love big government. no president reads any of that. not biden and especially not trump.
41 seconds of political theater to provide a break from the 24 hours a day of political theater.
sick of this bullshit grandstanding. they don’t read it. their staff does, and breaks it down for them. there’s also some big expensive things in there. doesn’t matter the page length. that’s because legalese needs to be specific so people don’t find loopholes. some asshole starts talking about page length or reading the bill, he’s doing it to misrepresent what congress does to rule people up. either that or he’s critically bad at his job and needs to be replaced.
i always wonder. who always comes up with these thousands of pages in the name of a bill? also, when people are fighting to pass it, is it because they know the details of what’s contained in it or just following blindly? nothing political, i just want to learn. i think it’d make sense to have a 100 page document that people can go read for a couple of days and bring their thoughts.
how do you know? we need to pass it to find out what's in it!
all i heard was reddit
but we’ll drop a t in afghanistan tomorrow, no signature required
the bill is outrageous and shouldn’t be passed. the worthless politicians don’t even know what’s in it.
let's not pretend republicans are good for bitcoin. trump did nothing good for bitcoin, nor has any member of congress had a successful positive impact. a handful of members of both sides have given support. this video of a moron claiming that the committees who wrote it do not know what's in it is stupid and has nothing to do with bitcoin.
this is what happens when the education system promotes massive page counts as "a job-well-done."
whooooo is going to read that?
funny 2017 tax for the rich they were all smiles neither side care abt the us.
i bet bernie will read it
none of those pages are written in plain english neither side has read it removing party alliance do you understand how absurd a .5t bill is? events like this should be enough to unite us all and opt out because you will never see any of the .5t besides the taxes you pay
this is great news. billions of dollars in this garbage spending bill will run straight into sound money. load your btc bags now while they are on sale . don't listen to what they say, watch what they do ...
does everyone get a copy?
what date was this? he mentioned “this week”, so i guess 9’s talking on maybe monday 9? that’d be 4 days to read through 2,500 pages of material. that’s 625 pages to read per day. not only read it, but to fully understand the complexities for each of them. that’s an insane amount to read lmao unless my dates are way off
blowhard politicians ,all of them.
what a joke especially when estate taxes can be placed on a type of pause for any year. the comment about the patriot act is particularly relevant when most people have not taken the time to read that 2 page beauty.
nobody gonna mention that’s more than 2500 sheets of paper?
politicians have not read a single bill in 60 years all they do is ask their donors whether they should vote "yea" or "nay." for republicans in congress to think they are making political points by dramatizing the size of a bill is stupid.
a big stack of cover your ass, sign and you have to 11 am to read it… so why bother if it’s 9am.
was waiting for that stack to bust out like the end of the solitaire video game
plot twist: the price tag relates only to the amount of paper they used.
is crypto a republican thing now? i'm seriously asking... i feel like this does make sense if it is.
satoshi: i think bitcoin white paper turned out to be too large with its 9 pages, people may be lazy to read it. irs: hold my beer
in a few years when the pendulum swings back and republicans have congress it’s going to be a democrat up there saying the same shit. there’s nothing wrong with several different bills in one the problem is when they have absolutely nothing to do with each other, for example cramming immigration into a infrastructure bill.
we the people are prey ... they got us good.
oh right republicans never do that….
okey im pretty lost when it comes to us law and politics but 2500 bills passed in once??? thats absurdly insane? 1992 was highest bill passed during a year with 264 bills passed 👀 whats going on
why do we all have to ruled by stupid ass politicians?
tax crypto and tax wall street
"how many democrats have read this? " you know how many bills they pass that are that large without reading it and having their aides to review and amends it for decades? both sides. for decades. then they go on 4 month long vacation we pay for
will it drop as an nft? asking for a friend.
why cant we pass one law at a time? im assuming because its a give and take and thats how we negotiate deals now? atleast like 2 law limit or something, who knows whats buried in that mess.
fuck the democrats and their horse shit bill
george washington would line up every american politician in 2021 and shoot them in the face for treason.
how they able print such huge things!
yeah, and 2000 other things designed to strip us of opportunity and embark upon global communism! best part, do not expect your state politicians to have actually read it.
lmao they pushed the tax cuts for the wealthy so fast in 18. get the fuck outta here.
mfs voting for biden be like “mmm yeah tax me more daddy.”
the entire bill is nothing but pork. democrats have absolutely no way to pay for the damn thing. 0% chance of passing.
republican administrations (including the last one) consistently run up the deficit more than democratic administrations. and then they do theatrics like this.
who still prints shit like that. do they know computers exist?
3.5 trillion… student loan forgiveness isn’t part of that stack of papers??? why not?
all of a sudden these clowns are worried if someone has read the bills
taxing unrealized gains is insane.
all that for something they do not understand
with every new bs bill these idiots pass the more being an ex-pat becomes agreeable in many ways.
release the bill to the public so we can do their job once again. fine we'll read it 🥴
jesus christ, just break up the bill into chunks and have your interns read the fucking thing.
and republicans are right to oppose it!
no "bill" should ever be that long. i could see however many pages it takes to fill an inch of volume. but over a foot thick of "bill"?? something smells shady, and it am not slim.
so his stance is that it’s a lot of pages and it has a big price tag? that’s why it shouldn’t be passed? how do these idiots get elected!?
is this a game show? wtf is with the comical big red ticket on the side of it? 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
america is broken. i hope they have caa
this country is fucked.
im going to puerto rico to check it out and see if it is worthy of bailing on merica if this bill fucks us lolol
americans have forgotten how to protest. you guys are going to wake up one day and realise it was your generation that could of prevented it, but instead you were on social media or playing computer games, too busy to gather, too busy to fight.
not one cocksucker in washington has read more than 5 pages of that.
i see nobody talking about the biden spying on people bank account. any transactions over , irs is notified. basically extending patriot act of .
zero upvotes simply cuz he’s a republican and we all know it. never go against the reddit narrative, even if your financial prosperity and freedom are at stake.
i fucking hate politely showmanship. it’s just gross.
and? this happens every time they negotiate limits. deliver day of, pass night of. next. that's life in the usa. regardless of party.
joe biden cant comprehend the sunday funny page
uh, excuse me why did a crypto sub start posting idiotic republican agit prop?
let’s make republicans count every 😀🤣🤣🤣
fuck the commies in washington.
it’s no different than the one submitted under trump for the 2 trillion tax giveaway to the top 2%! this bill is for much needed infrastructure to serve all americans, before our roads, bridges, airports, school busses. look like the 20th century compare to other developed nations... it also includes revamping the veterans service, elderly care & children’s health... at a low price compared to the tax giveaway trump submitted & gop passed... funny you guys didn’t complain about it or bothered to read it. you were all to eager to sign it in the blink of an eye...hypocrites!!
where was he when trump spent ? what a bunch of trump cucks!
this is really annoying i think instead of taxes we can have a donation box and we can donate as much to government as we want
the best thing we can hope for is complete and total gridlock. not democrat control. not republican control. gridlock.
the .5t communist take over pack.
what type of stupid analogy is this. the republicans are so damn dumb it hurts
fuck i’m scared i hope they don’t pass it
insane. really hope this shit dies on the hill.
yet republicans would sign that much money away in a heartbeat for israel, or better yet- tax cuts for billionaires. oh wait... they already did.
not to make it political, but where was he when trump was running the debt to an all time high?
😆 time to move to a crypto friendly country
yea, most of it is corruption and waste and the crypto part falls under that category.
nope! but both sides pass that shit anyway. just get on with it so i can get this buttfucking over with and prepare for the next one.
i’m sorry if this is a dumb ass question. obviously none of the big (dumb) dogs…nancy, chuck, joe have read this thing, who tf is writing thousands of pages of words that could change the projection of a lot of things?
fk, 2500 pages! i can’t remember the details to a 300 page book
yeah he did say he wasn’t going to raise our taxes. he didn’t say anything about raising every other existing tax and come up more things to tax 🤦‍♂️
good they shoved that taxbill down our throats
the theater of this is laughable though. they even went so far as to print out a price tag. how absurd
i guess my question is…...who wrote it without reading it?
burn that bitch to ashes and just do a sales tax for everything!
that seems very light for the amount of paper he’s holding. he’s just waving that mf around.
it’s enough to make you lose faith in humanity innit?
i feel like there’s a very limited, yet very lucrative market for physical political props. i really wonder what the price tag on that price tag was.
gimme a couple of adderalls and some weed ill get thru it
i’m pretty sure his paycheck is on that first page
oh does the massive stacks of blank paper thisplay still get the rubes goin'?
so these douchers can do math? how much have we spent destroying countries and these “patriots” won’t pony up to rebuild our own? we see right through that bs grey hair…go do your job!
what conservative moron took the time to print it out rather than read it electronically…🤣🤣🤣
idk if the comically large tag helps or hurts brick of paper seems effective
joe biden does not even know what day it is let alone what is in that bill...
did this republican ghoul read trumps republican tax scam bill?
just remember, if the government can’t make money off it then neither can you
he is a poser with a fake stack of paper
democrats are losing control there plans not working i wonder what there next move will be
they. fuck you dude. we just want you all to do your job.
that is clearly not 2,500 pages. if anyone has ever held a 1200 page book it’s like 1.5”x11” standard printer paper. that’s like 12,000 pages easily.
stop posting this stupid republican politics the guy on the video is a total trump nut... most of you on this sub are not even in the usa and definitely do not understand how the politics here work. go read a book, go read history and how the financial systems work before posting garbage like this. this huge infrastructure bill has tons of good things and funding for the american public. it will create immense economic opportunities, jobs, growth and set up a stage for america.
friends don’t let friends vote democrat.
this man has zero credibility
fucking dinosaur holding a big lump of carbon. they will never get it because they are the past. bitcoin is the future.
hey remember when the republicans passed the last controversial bill and were writing amendments in the margins in barely legible handwriting? giving the other side no time to even look at it? us government is a joke.
yes. i do think they have read it. by proxy through assistants, aides, and experts. this guy is just spouting idiotic rhetoric like this because he knows the people who are scared cannot fathom that other people can actually read.
i love how they always scream about the price tag when in fact this bill is paid for with taxes on people making over 400k a year and at the same time they all said nothing... nada ... when trump blew a giant hole in the deficit and added more debt than ever before without paying for a single thing now these same douche bags don’t want to raise the debt ceiling to pay for the shit they spent the money on republicans are so full of shit
at least dems can read.
not american but love what it stands for and all i see throughout my life is that the democratic party is always trying to attack the fundamentals that usa is founded on, freedom. usa is today almost the only country in the world that doesnt have dictatorship like russia, north korea, china and it doesnt have royalties like britain, denmark, norway. its literally run by the people for the people and you are about to loose the only thing that the world envys you to have. take a second and look at what you have, not so far back in history no one was truly free.
share this, how can anyone democrats or republicans stand for this. i cant belive there is a avg joe not a politician in the u.s. who wants it. and if they do then they do not know what it is
does anyone know where i can read this shit? any bill written should not include anything that is not relevant to its title. fuck this bullshit.
here's hoping for a shutdown.
gonna say it, to kill the snake, stop feeding it. .
the biden administration is a fucking joke. i miss trump
is there a youtube link to that video
just gimme one of them pages bru
and that is how the united states congress works... oh boy.
i’m glad it’s not getting passed, hopefully that remains to be the case.
aint no one read that shit
this didn’t pass yet?!
there's no way any of the spending is not hysterical when you visualize . it's crazy that this money, to date, just evaporates and we're not seeing amazing sky cities or something.
let us start a habit of betting suspiciously tiny amounts of sats on potentially humanity defining events, so when people in the future see it, they be like: 'madlads 11 whole sats!' 11 sats says this thing passes.
i feel like a bill should be capped at some word limit that is reasonable to read. most important stuff goes in the first 100 pages, next most important stuff goes in the next 100 and gets reviewed. how does jamming thousands of pages of legislation that nobody has read down our throats make sense to anyone???
"i feel sorry for the son of a bitch who has to read this"\\ \-the guy who puts the rubber bands on the paper
isn't crypto usually decentralized? so that would mean they would have to put a stupid amount of effort into making this thing real, which probably would not even work.
where can you read this bill?
put them on a debate stage now!!
this is a joke please tell me!
they should have a test on the contents of a bill before they can vote on it. if you did not read it and cannot pass the test then no vote for you.
what a waste of a good tree stump that pile of dog shit papers is.
that bill will not pass and the debt ceiling will be raised. i hate politics so much.
reading is for losers
is this for real? what's the name of the bill, please?
he turned up the font size to 26 and tightened the margin like in grade school
crypto is in the other one... does this one have additional language?
not gonna read that white paper 😐
we want to know who has reddit?
ooo ooo do defense spending next!
have you read it?
i sure hope it does not pass
“we have to pass it to find out what’s in it”
i hate these people.
anyone have a source on this video , i want to see a more full version. he got my attention.
i don’t want crypto regulation but that goofy price tag is fucking retarded and so is arguing about the cost of the bill in general.
so what's in it and who wrote it? aren't the law makers the ones who are supposed to be the ones writing the bills? i bet it was bankers and special interest groups attorney's.
a lot of $$… i mean debt!
this bill needs to die period . it's fucking bullshit and we cannot afford it .
yeah but who wrote that many f*cjing pages? pleaee answer.
wait i think i’ve seen this episode before…
sickening - the more sense you make, the less they will listen. time for change, loooong overdue.
inflation, "illegal" money printing, taxation, allowing egregious fractional reserve banking, it is all the same - counterfeiting money.
this guy really, really hates to read.
this is all really to fucked up for me to stomach 🤢 what gets me the most is there are too many people i talk to who have never even heard of this bill. the great reset is real and were living in it.
they've been negotiating it for months. this guy knows what's in it. that's his best argument to turning people against it: "too many words"
i like how the billionaires write it all out for us so we can see it is all on the up and up. right there in black and white. sometimes, late at night, i think to myself, "wow, i do not even remember the last time the government did something that i would have actually voted for." but then i remember it is a democracy.
it's only 3.5 trillion dollars or zero as the president and his press secretary have said!
you vote you get. what else to say. in the end we will figure this out.
none of them know, but unfortunately a vast amount of our country allowed this so…. i just count days
whats the 3.5 trillion dollars about? i do not understand
i reddit, you reddit, everyone here reddit!
kinda loses its meaning when they just print the money...
people already pay taxes on gains
hell no. they don’t know what the fuck is in it. they’re all a bunch of fucking monkeys that can hardly read. much less comprehend “laws”.
2,500 flavors of greed...wrapped in stupid...seasoned with neglect
dollars per page? what kind of useless measure is that? this asshole did not make such a fuss when he and his buds jammed a tax cut through in 2018 without reading any of it. spare the theatrics...
none of them have any clue
give me 3.5 trillion i read it for all of your
infrastructure my ass...we all remember those electricity bills for 10k when everyone was still freezing.
the price tag on it makes me feel uncomfortable
can’t tax what you “misplaced”
just like the bill, this thread is way too big to read, so i'll just add my pork right here.
bet there are many of you who voted for these jokers. not that any of them can be trusted to do the right thing.
war and peace novel
this country is close to . they’re just piling it on and taking what they can while they can. no way this is sustainable.
why is this a thing? advertising is so in grained in us culture. this is it, you cannot find a more comprehensive bill, look how big it is, on the side we put a sticker... see how many pages. this is of no value if i can onlyy see the front page.
wait til he sees the docs for cli commands
who are the good guys? fuuk!!!
what's in it though?
so where do i find information relating to crypto? that’s stated in the bill
they didnt read it cuz they cant read.
that guy just got the vote of his local print shop.
who’s writing it and who reads it?
didn’t they run out of paper after printing trillions of dollars!!!
anybody got the cliffs notes?
why are americans still enduring this torture i don’t understand 🤯😡🤬🤡
he said reddit multiple times
hooray, finally a little money that isn’t being vacuumed out of the treasury into corporate coffers and the 1%
uhmmmm that is not a tax bill, it is the infrastructure bill.
why is it so hard for congress to read stuff? he is like "look what i have to read. my life sucks." and i am like "yeah, that is the job you chose: live with it."
these people cannot build they can only bring down . beautiful thing bitcoin was rip
lmfao. they do not even know what cryto is like alot of people.
this country is a joke. can’t believe what a dumpster fire we’ve gradually become. i just need like ten years and once son is in college i can go retire on an island somewhere nice and peaceful.
that’s honestly impressive. it’s not a matter of reading it through though. they actively thiscuss legislation and reference their sections when thiscussing it with other members.
as a crypto owner, regulation is the only real path to mainstream adoption. we all know how prevalent scams are in the crypto community and pretending it can self-govern is libertarian delusion. that republican idiot is just a fear mongering theater kid. safe to ignore everyone on that side. they sure as fuck do not understand tech. lastly, the current bill only makes it required for all crypo brokers to report their american clients to the irs, even though most already do. it is not yet signed by the house and if it passes it will likely have clearer language over whether that includes miners, programmers, node datacenters, etc.
instead of criticizing the size of the bill and if the democrats read it... how about he actually reads it...
laughable and infuriating when they pick and choose what to put their energy behind and who to tax 🤣🥲😑
has anybody read it?
i legit thought that was a joke at first lmao
i say put them in a line and throw that at each one of their heads... this is absolute insanity at its finest... these people have to go... america will not make it one more year like this joe must go...
hope there is an 'spv version' of that bill.
i'm sure he is read it
i consider myself to be an independent voter which means i am equally suspicious of both sides!! how very thisappointing it is to see something like this, demonstrating the incredible waste of time that is our legislative system. what exactly is the point of putting so many pieces of legislation all together in one bill such that no one can ever possibly agree on it? it seems that each piece of legislation should be separated out and debated independently. lengthy bills such as this are unfortunately somewhat common and reflect the unorganized process that is in fact our democracy, only serving to waste everyone's time, for the rest if us to sort out and make sense of, much less comply with. the compliance becomes ridiculously expensive in many cases, taking away intended benefits of the original bill. please you guys up in washington, split this shit up into pieces we can all understand and debate sensibly. stop turning good intentions into selfish consequences.
corporate advantage. plain and simple
looks like 6-7 reams of paper.
fucking laffing, here. biden cannot read a teleprompter.
so republicans will act like they will not accept it. of course they will because their donors get as much money from it as the democrat's donors. after the act, the debt ceiling will be raised, infrastructure bill passed and both democrats and republicans win. at least in the short term. if you are a democrat or a republican and think your "tribe" has won, think again. all americans lose at this game. long term bitcoin wins because of once this house of cards falls, people will realize just how powerful bitcoin is and hopefully drop out of either one of these political "tribes".
a lot of money to steal. probably only a few millions will go where it supposed to. rest in to the pockets.
all i see is a whole lot of bullshit and paper being wasted
it’s literally a giant list of new taxes
the us gov is corrupt af
but this guy was probably fine dumping .
which one of you is reddit
us politics is the worst reality show. big brother candidates look like geniuses next to american politicians. i mean, canadian politicians aren’t superstars either, but holy crap this a fuckin shit show.
what the actual fuck is going on
i hound it crazy that we went into the war on terror with a surplus. we spend so much on our military. nobody ever says “war costs too much”. but everything else is just too much
could i have added a bill there that they have to pay me 2 million dollars? i will use it wisely, i promise.
we live in 2021 ??? why are we still using paper 📄??? digital like crypto. let’s go !!!
give the price is right their money tag back
how much did that price tag alone cost? another hundred billion dollars?
side note, who writes those things?
“is that paper!? i’ve never seen it before”
the price tag made me laugh a bit
667th comment right here
this has no effect on the message, but let me tell you, a stack of paper that tall is very heavy. a scrawny guy like that would not be holding it up in front of his body for that long. for those complaining about the apparent size: 2500 pages, single sided print, is five reams of paper. that's one box of paper. paper become more wavy after printing and handling, so cannot stack as perfectly. so, volumetrically, this is an accurate depiction. i just think he is holding a lightened prop for the camera, though.
i'm going to go with , drew.
i’m just a bill…
actually it is not in the 3.5 trillion package... it's in the 1 trillion package. i doubt any of these will pass both houses and even the crypto bill may get changed... we'll see
the first page says "give me 3.5 trillion dollars you fools. the rest are blank paper.
i often wonder where politicians get their props made up? is there some secret lucas film prop shop in the basement? boy are they creative…
too bad the only thing you can attack about this bill is its number of pages
if you cannot understand it, tax it.
yep that looks about right
if one day i wake up and see they passed term limits i know i must have died in my sleep
imagine if they just started printing the one thing they haven’t
let's see if it is at least worth the paper who's printed on 😅🤌🤔🙄
welp. that's like 21% to the military. wonder how many of those page are their's.
i don’t think you’ve read it dude.
i heard a .08 cent a mile tax is in it, what will that do to shipping cost
can we just agree no bill should be over 20 pages
imagine thinking this is "land of the free". top kek.
if their not reading it…who is writing it!? 🤪😂
it’s better than what the thugs passed under trump.
i’m sure there is a lot of other nonsense bills in there too. they usually throw some stupid ones in the pile of important one to try and pass them under the radar.
none of them ever read the bills they pass. hell they do not even write the bills. i bet this dude did not read any of the bills he voted to pass. passing the bill will only make btc go up.
just ask the dude who typed it up what it’s about
i don’t think any of them have reddit
don't you have to pass it first, so you can know what's in it?
how many trees died for this shit!
it’s very interesting most of these people are garbage they couldn’t make it so they got in government and got paid off to vote a certain way and wall street hates crypto bc it takes away from them just as wallstreet bets did. they can’t control it or make money off of it so they wanna destroy it. plain and simple most of them are greedy garbage that never had the guts to build a business or invest themselves.
that’s a lot of trees for a demo
you better asked yourself before you asked that question.
how long would it take you to read that brick?
remember r"whatever, bitcoin does not care"?
insane. wtf are our politicians doing? it’s a freaking circus no matter who’s in charge.
*me when the teacher asks a question about the book we were supposed to read for homework*
... so did it say anything about a bridge to hawaii?
if we converted it to a “smart” contract how much would deploying it cost on *that* blockchain?
brih both sides of the isle do this
the “gubment wanz it’s cut” bill
can someone tell me what happened to term limits? only way to stop this kind of bullshit on both sides.
this belongs in the trash
cute, but still not the biggest bill
who cares. no one's gonna sell their cryptos for dollars anyways. p2p ftw
can we just skip the pitchforks when the shit hits the fan?
no but they will pass it anyways ...
it’s all theater to the gops. no reason. no care. refuse to acknowledge they created the debt that this bill will pay off. eff the gop and the horse they rode in on.
what if its like 1 cover letter and like 10 pages of actual information and the rest are white pages
i bet not a single approved of that bill has read every page of that monstrosity.
well gosh no one really cared when i was complaining about the 200 paged ”proposition ##" that was sold to us as "yes" on internet security, or they insured me that everything was going to be fine and that the professionals had it handled. bittersweet but ultimately i'm glad to see that my i'm sure logic is actually trending now and how to make sense. next time i'll work on my showmanship to while the crowd into agreeing. logic and reason i just just outdated, i got to make the people feel.
if you can find it, you cannot keep it...
that's how they get you
but did he read it?
how can i repost this video on instagram?
that shit cost a lot for writings a bill from taxpayers money for taxing the tax payers again.
i love how they still use paper. what a flipping waste
a peculiar argument to ask if opposition has read it, it is not wise to admit you do not have a cock when showing up to the cock fight
what about the book he put his hand on when he was sworn in. do you think he read every page of it? especially the first part where god created light before the sun.
they haven’t read a bill in probably decades. why would they start now?
the worst part about this clip is how familiar it is. it does not matter which side has a majority, they trot out the same stupid talking points every single time. we never have any actual progress. nothing ever fucking changes. it’s maddening to be an american.
this is fucking bindblowing.
who is this butthole?
what is it that costed 3.5 trillion?
sucks, yeah. but at least you got rid of those mean tweets.
anybody feeling for the poor printer that has to chug out this big guy?!? all the paper?!? all the ink?!? goodnesssss i’m thinking it took more energy to get this than it does for any cryptocurrency. when will they wake up!!!!!?
but crypto is the scam... smh
couldn’t be a pdf?
if you make such a pile of paperwork, it makes you wonder how much legislation is hidden in it that would never make it if it was a piece of it is own. i am not a politician, but i would always vote no, because if it was all good legislation, you would not have to hide it in a pile like this.
it’s time to buy ghost.
the infrustructure bill is going to cause some instability to crypto, so i wouldn't be surprised if another dump in bitcoin happened
there is no money for it. but go ahead and borrow from the people. we have to work to make up for what they borrowed.
it was inevitable. that the powers that are cannot have you make an undermining currency. he who holds the currency standard owns the world. governments cannot make their own standard to pay their military if your coin supercedes government money. quit honestly both scare me. the government that has this power and essentially a corporation. that could manipulate money so we'll that they can undermine all societies. cryptocurrency stags ready to replace the usd as the trade device. that happens it destabilizes an already unstable world. the timing is unfortunate but money for his seems sketchy from top to bottom. if it gets made illegal at least we can get video cards again.
every bill is a frankenstein bill
f**k congress and all the politifucks!
price is right is missing a tag
nothing says i understand the digital world like having to print out 6 reams
just wrap your crypto in a foreign address
those fools know only one thing and it is how to screw over the average citizens.
i read it, what you wanna know?
how do you tax crypto, isn’t it private point to point transactions?
some light reading over the weekend.
wtf is this , could someone break it down for me ?
federal government doesnt have prooerty tax authority. crypto is property not currency. they can tax income to your bank but not yhe barter in the acual exchange they are trying to tell everyone they can. overreach that defies constitutional authority. basiclly claiming all things are owned by government at all times
there is nobody that has read it. i guarantee it. not a democrat or republican. i am sure there is a-lot of good stuff in there, but i'm equally confident there is a whole bunch that is screwing america in there too. doesn't matter the party in power, every one of them has the best interests of themselves and the people that keep them rich.
bills are very large by nature. i bet this dick hasn’t read it.
he has a point!
haven't seen anyone with climate change thingi after soo many papers
the man really has a point!!
bro really took down an entire forest just to print that thing
this comment thread did not thisappoint m. we done reddit, well done.
el salvador's bitcoin law was few pages. this is what is possible if you do not have a completely corrupt government.
ive read it. lol jk imagine supporting this bill the debt you will pass down to generations is shocking. absolutely thisgusting.
this cracked me up during a business meeting (yes, it was not that interesting in the first place...)
lol. yeah i'll for sure report my income on crypto
i can promise you nobody has read that beyond 10 pages. and anything past 100 pages is filler or some type of subset bill riding the coattails.
hey we have overcomplicated the system and there is no way one of these many pages of rules has a loophole... oh shit.
the worst part of this bill is they want to tax unrealized capital gains, which is literally impossible to do and will make the market crash look worse than 1929. it's insanity.
just reading the bill would be a filibuster. we vote people in that work for corporations. the situation is broken, and politicians need to be tested on their ability to execute their office with competence, morals, and ethics.
that does not seem like a lot of zeroes looking at it.
why don’t they turn it into an easily searchable pdf and make it available to the public? he looks like he’s holding a movie prop.
all you crypto investors better start lubing up ya buttholes
the us right now is like a plane on course to crash into the ocean
yeah get the fuck out of here. bills are so complicated these days that hardly anyone reads the thing in its entirety.
who's his giant price tag supplier, asking for a friend
no reason why a bill has to have other things stuffed inside it to this degree. make the law 10 fucking pages or less.
the rest of the world is buying popcorn now and ready to watch the american shitshow
why does my politics look like a scene from a 90s drama film featuring a high school election? that stack of paper even looks fake...
just remember who you vote for these coming elections... they even said we are broke to the point where they do not have anymore money… weird right
i prefer my bills to be written in crayon :)
it's amazing how i hate politicians
i do not blame anyone for not reading this, but blame everyone who wrote this.
our system is fucked. r and d politicians in dc are all horrible. idk how anyone can vote for these corrupt pieces of garbage decade after decade.
i’m not buying it
imagine trying to get on the printer that day.
dude keeps asking if democrats have read it. bro have you read it?
the people in charge (on both sides) are simply criminals, what does anyone expect?
more trillions that are gonna thisappear while there’s nothing to show for it?
seriously what is in that? how can that much information encapsulate taxing cryptocurrency? there must be huge amounts of unrelated informant in there.
do you think they actually printed off the whole thing or just the first few pages?
does he know what’s in it?
3.5t over 10 years. over 10 yrs they always seem to conveniently forget. and the reason why its so big is because the republicans have failed for years on public spending, and so the democrats have to clean up their mess. and the filibuster makes it so as much as they’d like to pass one small bill at a time, they cant.
thats 2500 pages of ihavenoideawhatweredoin.docx
man, no one reddits, everyone comments
your government loves you. comply.
the dam table of contents better have a hyperlink to the different sections.
i'm not reading that. too much
the usa is literally a circus. it’ll go down in history as ‘the land of the clown’.
itt: people complaining about political shenanigans while getting totally outraged by political shenanigans.
this guy definitely has not read it
i’m an american patriot but i don’t trust the us dollar because of this kind of bullcrap. sticking a fancy nice sounding name on some 5000 different laws and moves and spending blowouts that nobody reads but passes because your political side made it. i love the usa but our government is more and more corrupt.
i can’t believe we pay shitheads like this to make dumbass “arguments” like these
but war is cool guys!!! dw!!
our politicians have failed us miserably! we don’t need debates in election cycles, let’s replace them with lie detector tests. they subsequently can only speak to the public when hooked up to the ldt, answering the questions we pose.
it’s not going to pass relax
this is sop for virtually every bill passed in the house. there is no law that states you have to read the bill before voting on it. it’s not uncommon for bills to be posted within hours of the vote. hell the people voting on them aren’t even the people who wrote them. i can only imagine the amount of money or tax breaks lobbyists have written in for themselves. people call me hyperbolic or jaded or cynical when i say that neither the elected democrat or republican officials give a damn about the people. this is the end game right here for them. getting your name on a bill and getting some legislation attached to it that benefits you first, your party second, your wealthy friends next and maybe, maybe something will eke its way down to the people that it’s supposed to help. fuck every single politician in this absolutely corrupt, deplorable system. none of them deserve your vote, none of them deserve your support.
it looks like a complete pack of paper like 2500 papers. i don’t know how many people have hold a complete pack of paper so easy. i guess it’s hole on the inside. some one should ask him to show the paper in the center.
is this actually like a defense budget increase or something? all i see on that front page is a "h k" and know that it could stand for heckler & koch
scumbags continue to fuck with our money and get absolutely nothing accomplished
the question is why the fuck did the print 2500 pages when noone was going to read it. just to carry around showing everyone were not going to read it. i'd rather use that as a paper weight now since it is now already been printed and to make some use of it.
you think this presenter read it? or is it for show?
i only have one question for you all. are we living in a meme world? wtf? hahaha ' \*i guess that was two questions
guarantee not a single me member of congress has read through that entire behemoth of legislation. and these fucks get to dictate how we live our lives.
where is my visual aid? i can’t go on without my visual aid! how will i get my point across to a nation of imbeciles with pre school level comprehension if i don’t have my visual aid?!?
probably good guess this dipshit has no read it either. i mean i'm sure like all politicians he knows which parts is corp master's want and that is about it.
can anyone answer me this important question. wtf is actually in it and what are the long term projections of this bill?
i hope they used proper lifting techniques.
‘bout to ctrl + f that shit.
wait, is this real? did they present it with a label on it? ffs usa...
10 bucks says he didn’t even read it.
bill length is the shittiest critique. critique the substance, not the page numbers
no abuse in the crypto world at all . the only holder of value in the universe. praise lord michael saylor.
yeah, let us *not* shore up american infrastructure, clean up the environment, or address climate change, amiright. why cannot a three and a half trillion dollar bill fit on a napkin? also, what is the problem with taxing crypto?
what a fucking joke
they're gonna fine unvaxxed bussinesses 700k and pretty much bankrupt all small business.
would someone please enlighten an apolitical non-american here?
"we have to pass the bill to see what's in it"
i thought it was a edited meme, not an actual video of reality
so this is bad right? or is it good? doesn't taxing crypto make it less decentralized? but also does not tax less money breed corruption? someone inform me.
is this one of those times where you have to pass it and then find out what was in it? 😯 i’m new to politics
get rid of all of em. clean the house. let’s start over
wash that money through gambling sites and a foreign bank cash out
you know, i can’t believe it’s legal for them to pass that many bills at once. nobody is able to read through all that shit and remember what they are voting on. i guess that’s the point though, which makes it sound all the more illegal
as much as i don’t like theatrical politics (the price tag is cringe 😂), it is certainly a valid point. we all know these politicians and their staff don’t examine the bills closely enough. it’s a fucking circus and we all have to suffer more because of it, year after year.
this will bankrupt the us as intended
they don’t read them cause they don’t write them. these bills are literally written by corporate lawyers cause fuck it in the us corruption is just straight up legal
i cannot wait for all these evil dirtbags to die of old age
i wouldn’t worry about it. it’s double spaced and includes all the things republicans failed to take care off when they were in the majority. vote it into law and get the country moving forward
jesus who typed that thing
our government is bullshit
these bills are "written", although compiled is probably a more apt term, over years to include or exclude input and wish lists from virtually every member of congress. then massive teams of people with degrees in relevant fields turn it into a cohesive piece of legislation. this is standard practice, and has been since time immemorial. the fact that this asinine political grandstanding about how the 3.5 trillion dollar bill has a lot of pages, and nancy pelosi has not personally read every single one of them, is seemingly effective with people who should know better is very worrying.
is that a redditors loss porn ?
yes, tax my crypto. i'd like to pay to live in a nice future.
this is a braindead argument, just meant to scare dumb people
republicans showing their base their worst fear, “reading things”. somebody tell this illiterate that’s a fraction of what uni student goes through in a semester. it’s something he never had to do ever because of his father’s deep pockets. he 100% hasn’t read it for sure but who care show up to a session claim whatever you like by showing a stack of papers. fuck this guy.
you all think that they did not do the same with the patriot act? it's funny how they cry about an infrastructure bill but never questioned the patriot act and passed it with flying colors. fuck these crybabies.
im convinced republicans are just scared of reading and cant believe other people actually do it. you know. cause theyre stupid.
well i guess he found his audience after reading the comments. did you know that the physical number of pages of a law does not have any impact on its effectiveness? even weirder is that appropriations are not affected by dividing the total appropriation by the number of physical pages of one copy of the appropriation bill. gonna go out in left field for a bit and say that if you cannot understand or find time to understand the most important thing you will do as a representative of the american people this year, while being handsomely compensated in many different ways, then that is your fault and maybe you should find a less legal intensive occupation. moreover, if you see politician holding a large stack of paper with a the price is right style price tag rubber banded to it and think "duuurnnn right! thems is all big numbers!" maybe you should consider refocusing your attention on your entry for this weekend's school bus demolition derby and let the rest of us pull this country out of the abject stupidity it is mired in.
lol we going full on byzantine empire with all the boolshit goin on
bold of him to assume biden can read
i didn’t write that bill, there’s no way it’s worth 3.5 trillion dollars. there’s an insane amount of loooholes in there. no way it should take that many pages. they could get it done in 6. and also there could totally be “i’m allowed to have sex with children.” clause. and similar levels of egregious things slipped in there. watch page 700 have, “cp is legal as long as it’s purchased and taxed using crypto.”
no us citizen here: what's going on there jn a nutshell? 🤔
better than giving a trillion dollar tax break to corps and billionaires.
crypto will be illegal in usa soon. watch as a bunch of exchange owners get arrested overnight. don't hate a messenger.
my paper reams are 500 pages per and weigh 20 pounds each, and 6.25 inches tall. if this guy was not holding a prop, it would weigh 100 pounds, and stand 25 inches tall.
there are 535 members of congress if everyone just took 4-5 page they could knock that thing out no problem and share notes. sounds kind of socialist though
can we all stop pretending that politicians read anything!
if we don’t raise the debt ceiling that forces the government agencies to spend the same amount of money they did last time and forces them to have a balanced budget due to not getting more money to waste away on stupid shit fuck the democrats and republicans they’re on the same side when it comes to fucking us out of money
i’ll bet ’t read the bill….whole bill.
its bad now that the world trillion is being normalised within this scene- whens quadrillion being brought up?
remember when a company put a prize on their terms of service ? somewhere in there it said " the first person to contact us can claim a prize of x amount of dollars" . maybe there is a prize somewhere in this bill waiting to be claimed.
worlds most screwed up bill
was he as pissed off signing trumps tax cut?
so basically they are saying "we did not do our job, and read this. so now we waited to long and do not want to, and do not want it passed." it's their fucking job, you signed up for it, you get paid for it but for some reason you are completely fine with telling americans that you will take the money and not do the work.
i think i see it.
how many republicans read it vs. it’s for the democrats so i will be voting against
can someone give me the pages of crypto jargon
what actually is this? what's with that huge joke label? this looks like a prop from a pantomime
bills should never hide anything in them, it should be specific ie: “bill to remove sanctions on ownership of pit bulls” should not also have “increase spending and pensions for white house staff” buried in it.
so what does it mean for the crypto hodler? for the crypto buyer?
jesus does he think the tag is needed. what is this a 90’s holiday movie?!
that stack of paper should completely remove anyone's idea that the american govt works for the people. there is no possible way that any congressional members have actually read it let alone will read it before voting on it. that is a stack of bills put together by corporations who pay them using bribes, trips, gifts, donations and political backing. it's way past time to put term limits on congress, take away all the free items they receive thanks to our tax dollars. public service was never intended to enrich them, but we gave them the power to vote for it themselves. they give themselves raises nearly every year, the have closed door committees where they learn about stock jumps or crashes so they can sell what they may have, they sit on security commissions where they decide how.much privacy we, the little people have. we did this to ourselves and it is way past time to fix it. end lobbying. enact term limits. end superpacs. expose electoral college members and procedures. instead of calling each other sheep, realize the truth, we are all sheep.
the us government is broken.
what an ass clown
don't vote, in that way you keep your sovereignty...
can’t stop china they are the whales manipulating cryptos
2500 pages of bullshit
how do they get away with this shit!? no way anybody read that full fucking bill.
is there a way to hold bitcoin or is there an alternative coin that can avoid the democrats taxation and regulation obsession?
when is enough enough? i for one and getting really sick of this shit
can we please bring back tar & feathering?
when it is that big, you know once thing for sure: criminal, it is intended to get you because you have not read it all. there is no other purpose, but to get your money. they are criminals, look at them and see these are pedophilic rapists and murderers probably too.
this is about to be worse then the patriot act
shit makes me sick. this country is so fucked. glad i'm not having kids to worry about when i die.
is there an audiobook version of it?
all i know i would not be a democrat in the future. i have so many regrets.
at least we don’t have anymore mean tweets from trump 💁🏿‍♂️
not scared of your stupid fud ' downvote the fud ' stack sats
they did not even read it.
biden would die before reaching 100th page
did they include anything about unemployment in there ? lol thought we ran out of money
one look at that stupid price tag and i've never desired to turn these idiots' jobs over to robots more.
your wrong if you drive to work a mileage tax is raising taxes. in addition rich people are still everyday americans. not into class warfare like you.
left wing propaganda machine. the echo chamber that is reddit wants you to believe that the country is one way. one in actuality anyone with half a brain democrat or republican would agree. “nobody read the bill” not nancy not chuckie not biden. in fact they can’t even make it through an interview. let alone a 2500 page bill that equals 3.5 trillion. thats 1.4 billion a page. that’s . let that sink in a bit!!
3.5 trillion holy fuck.
they should not be allowed to try to tax. they also should not be allowed to ask for stupid things that do not benefit the whole country... pet state projects and all... i'm not against infrastructure spending or this bill as a whole, but take out stuff like this that they do not even understand... that should be illegal...
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guy looks like the bluths lawyer “look how big and scary this stack is, it must be bad!”
😂😂😂😂 just give every american 1 million in bitcoin 🙃🙃🙃🙃
if some employers give wages in bitcoin wallets to employees with bitcoin wallets, can they just opt out entirely of this mess? i want out :( ' fyi i do not wish to self-hurt at this time, if anything happens to me, etc\~
fuck all politicians, it is time we take our country back from these money hungry bastards.
count in the trees you had to cut for that amount of paper.
can someone please upvote my comment?
good for him for actually printing that thing. now who’s going to read it?
the worlds getting more ridiculous than it already was...
this hypocrisy is a joke republicans did this last year the tables turned and it flips.
no it is not.
so if no one has read it, who actually wrote it? did it show up at the top of a mountain one day and someone from congress carried it down, passing many burning bushes along the way?
it could be just a collection of creepypasta.
how about governments fuck off cos crypto is designed to by pass you parasite fucks
don't ban but tax. 🙄
i miss trump... he would piss all over that stack. on cam.
i didn’t realize the 3.5 trillion dollars was just the cost of the paper that the bill is written on… sounds like rhetoric that doesn’t give any information about what the costs implied are actually for… sounds like he’s also asking a lot of rhetorical questions… who wants to guess? do you think i’ve read it? do you think this man behind me has read it? who wants to take a guess?? i don’t know the answer to my questions, do you???? this is why politics is bullshit, these people don’t give any actual information of any value, they just pander a lot of stupid comments and questions.
what a stupid argument, this bill is this many pages, (false )outrage!
its all b.s. jimmy carterisnm its a wrap flock of seagulls when you csnt touch them thats what they do its time to hold out on a whole fuck the scary folks cause they come in many forms and colors and mind you im nubian saying this trust no politicial unless you got a rope ready
can the public read that?
looks like terms and conditions to me 👀
say no to this awful bill !!
i have illuminati blood. where fine. everything's fine.
this is insane, and quite frankly terrifying. there should be a limit to the size of this bills, or have a rule (as others have stated) to force everyone to read it and pass some sort of test. this is just sad, regardless of who writes it, this is no way to run a country
to play devil’s advocate, and maybe someone’s qualified to answer this, isn’t it preposterous to ask anyone to “read” the whole bill? isn’t the case that political? i doubt anyone being critical has read something like this, cover to cover, in his life.
it's double plastic band strapped horizontal and vertical. somebody had to use a machine to compress it so the plastic straps will hold it together. see the strap edges? that thing is solid and heavy or it would buckle.
people need to just be patient and see how things play out
pass it… one step closer to the reality of decentralize crypto dominance! freedom from uncontrolled tyranny! 🇺🇸
whywould you want to convert your precious bitcoin into the shit us dollar?
no way that soft bitch can lift an actual stack that size.
there’s probably a page that gets them free dildos for life buried in there.
i read this ad “crypto trader’s tax returns”
is pokemon cards tax bill in it too? asking for a friend who’s long on pokemon cards.
so who made this bill? and why is it so many pages?
a properly trained ai could spit out names that will be illegally profiting from that bill with 99% certainty.
seems like a good time to talk about incognito chain…
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and the super rich get away with not paying taxes. brilliant
this is such incredibly stupid political theatre.
page before the last
so whats in it?
wait, you can vote on a bill you haven’t read?
gotta pass it to know what's in it... that is basic grifter politics ya know
please put info of tokenized bonds on the first page.
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how can they tax an asset?
you take barasso is word for it? that is not credible in of itself. if you do not like it, then you're not trading in actual cryptocurrency because you know that you're dealing in a crypto that the irs can monitor.
will it be considered the most expensive text ever published if it passes?
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i recently found out that you can invest in your favorite celebrities, has anyone heard of this?
so, are you seeing this is getting huge popularity and attention from big personalities like , so you have to check it out asap before it is x100...
you cannot tax crypto. it's not real money. unless you tax it when it is cashed out into dollars since dollars are actual money.
looks like you need 1 year to read it...
rich, corrupt politicians taking money from people who make considerable less than they do because they invested their money right. seems legit.
if they get the taxes from the top 10% that are wealthy billionaires, then you have 5 trillion to spend. but nope systematically tax those who make less then 100k. 👀
lol, that thickness is more like 10,000 pages...i have books over a 1,000 pages and they are only 1. it is a cute representation, not even real paper or he would fall over trying to carry that. have you lifted 20 stacks of 100 sheet copier paper at once lol...no but nobody is ready 2k pages in a week, they just have their staff dig through it and present highlights. let's lump in paying off all the cronies, and foreign dignitaries in with a bunch of crap, give the title something that has nothing to do with the actual contents...then scream and say omg...you are against feeding babies??? or some other dumb ass thing
we've just survived a pandemic, so if taxes need to be adjusted so be it. why do people take it so damn personally? crypto is meant to held on to for the long run, not an easy cash cow.
the whole situation is ridiculous. however, the point he’s trying to make about cost per page is dumb and makes zero sense.
how can you tax something that doesnt exist?
big brother 💰on steroids
it is better to spend that money at home for the people who need it, instead of starting a war based on lies for big oil companies.
even though i was not a member of this group i was also given my 3x bonus 💪
the solution may be to require politicians to have a degree in ethics.
what a sad joke of a government
we must stop this. we need to draw a line in the sand before they destroy everything
democraps want to keep us poor. if we fight for freedom and honest taxes, they will just call us raycis bigots even if we're black. and their idiotic democrap pawns will just follow like mindless drones because 'im fightin raycism', like the stupid people you see in movies that are easily fooled by the villains.
omg rep don’t read their bills either 🤦🏽‍♂️so tired of these chilthish political games. this whole system is ridiculous and becoming more apparent everyday it’s all theater 🎭
no, it is just basic national security - 101. crypto has the capacity to bankrupt a nation, any nation. even the u.s. of a. and when it is coupled with a world wide pandemic, no nation can survive such a fiat drain on its economy. bitcoin is a stateless enemy that has no loyalties. you cannot silence it with military might or poorly thought out rhetoric. it's a loud and very feral piggy bank. it is maturing into large and unruly boar in democracy's china shop. unfortunately nobody had the foresight to strangle it in its cradle. and now that it has matured and found its voice, it is trending to the top of every chart. there's no reasoning with it. money is power. all the world's money equals a lot of power. and if left unchecked, most of the world's fiat supply could find its way into bitcoin wallets. 99 percenters are loving it. even the one percenters are recognising its value. it has to be stopped before it goes spiritual. the only way any modern democratic society can stop it is with a bit of domestic draconian diplomacy. the most powerful "bank" the world has ever known must be sacrificed. and we all hope that the sheeple love their nation more than they love their blessings and their pocketbooks.
how about that natural immunity
as if we're not taxed enough as it is. the government am not nothing but the damn mafia. as long as they get a cut they will be happy.
who the fuck will read all that? probably has pedophile seance baphomet rituals all throughout
nope. the government just wants their share. they want to take the money back away from people who finally found an outlet to take control of their financial life and be ok. here comes big government wanting to take 50% of it back away from them and use it to pay career politicians a top 1% salary. that same politician then turns around and tell the same people he just forced back into poverty that he wants to get them out of poverty. get an offshore account that doesn’t report to the irs. fuck’em.
wow this thread is pathetic, ahhhhh big stack of paper im so scared, pathetic.
if they keep going we’ll just fly to the moon !!
i know there are two schools of thought when it comes to crypto taxes...some of you guys will refuse to pay, and some are just confused about how to even go about crypto taxes. just thought i'd hop in and share this guide on crypto taxes and how to approach them this season. hope this helps someone!
feels like this post is in the wrong subreddit. this is bitcoin not congressional fiscal policy debate.
trick question! democrats cannot read
these people are truly insane. just watch how proud they are of this aberration called a budget. and nobody who voted for it has read it.
much like obamacare we must pass it so we can read it - nancy p. probably
democrats can kiss my ass
quit printing money to buy votes. clean house. term limits on all of these self-important asshiles
taxation = theft. they're just looking for more ways to steal from the people they govern. what's new though lmao. both parties do it.
does joe biden even know how to read ?? i always thought he spoke the words that someone told him to speak through an ear piece?!?!? i guess their are still surprises to be seen...
you made money? you owe us. you think you made money? you owe us. you are in the process of making money? you owe us. you bought lumber for 300 dollars but now it’s worth 500? you owe us. wait you haven’t built that house yet? you owe us. nothing matters… you owe us.
of course this sub would be riddled with conservative idiots lmao. hope biden personally bans crypto.
why is everything below the top comment conspiracy garbage?
cool pass it asap. we need to rebuild this shithole country. hopefully all these republican losers fucking leave, we do not need them to destroy the country again.
why did you print so much paper you a hole. greta is gonna be mad. sad
america will collapse within 30 years, i know many of you are liberal but your leaders have the economic iq of a toilet seat and i dont see them ever losing any election again with the mail in votes and no id needed
the dnc is unhinged and full of the most thisgusting people.
fucking republicans did the same thing with the trump tax bill back during his presidency. hell, republicans literally scribbled in the margins of the bill with pen and ink and fucking passed that shit in the middle of the night while americans were asleep. the gall of these people to now complain about what democrats are doing! fuck off.
it's always hilarious how the budget becomes the focus when a democrat is in office. trump raised the debt by 7.8 trillion after campaigning to wipe it out. that budget included excessive benefits for the wealthy while this new budget will greatly help the middle and lower classes. we've done reganenomics for 30 years. let try something new.
if this crypto tax bill helps the little guy 👦with a small investment in crypto i'm all in but if they want to tax my small gains they can kiss my ass
just like the railroads and new union contracts. there’ll be some hidden gem in there, easily overlooked, that will seriously fuck people over at some point in the future. then they’ll add to it in other sneaky ways until they can start acting in the thing that no one saw coming
there is also taxing as per mile we will drive.
bitcoin was intended to be decentralized and untaxable. this is wrong. the government will now attack crypto because they don’t own it. and this is just the beginning.
2,500 pages. average thickness of printing paper is .003 to .004 of an inch. that's 7 to 10 inches if paper. maybe they print this shit on cardstock. why is he holding 15" of paper? i'm not saying he is adding theatrics. but the numbers just bother me.
these stupid politicians need to stay out of our pockets
it prevents fraud so your drug dealer does not have to get caught doing that and being more of the lethal cause when someone pops a joke as a question because someone say and jokes '"that what 'she{xi)' said"' dead on and dead accurate about the most deadliest quote ever came as a man, at least running up to china you can see that communism is the same quote and the way xi has'em, we am not even about the communism that is even made out of that quote. communism is a boast with the same sort of democracy they are willing to run at
what a job. they create the policies that turn into everyone’s problems, then come and “save everyone” from the policies they created. if that’s not a clear case of problem, reaction, solution not sure what is.
fuck these communist shitstains. shut down the government. this bill doesn’t deserve the light of day
i see no problems in them crashing the us economy 🥰 i have crypto bags to fill when billions gets pulled out of crypto to cover up liquidations in the stock market. and that’s before we factor in the housing market collapse, with maybe some additional help from evergrand just for good luck 😇
no wonder they wanted to shut down
you get what you pay for. put a bunch of criminals in charge and that is what you get. nobody should be outraged, it is our fault.
most if not all special interest payoffs that some will get returned to dems for campaign contributions. total scam on the working class.
have youuuuuuu read it??
there’s a 3t dollar tax bill the democrats need to cover, think of the poor government for once instead of being so greedy.
this reminds me of a time between 2009-2017... who was in charge then... man... i cannot remember...
they will get it to pass, just like they had that zombie elected president!
this dude thinks biden can read 🤣🤣🤣
now way that lil guy can lift that much paper. that's equivalent to one box of office paper. i smell hollywoodery
so there’s anger, because republicans and their numerous aides can’t read?
i do not see why price per page is relevant...would it be better if it was .5t spending bill on just one page? or how about a trillion pages? i do not see how investing in our country is supposed to be so radical. plus, the only reason the crypto tax is in it is because one side demanded that the bill include how it is going to be paid for. you can either increase the deficit or increase taxes (it is a simple matter of taxing the rich, ending tax exemption for churches, and legalizing weed and taxing it), but one side wants to do none of that and let the country crumble. remember the crypto tax is not even a tax increase, it is just a heavy-handed attempt to stop tax evasion.
ignore ' fud ' stack sats ' downvote this fool
if anyone here does not think the us will begin to regulate crypto in the next 5 years you are delusional. it's not a matter of if but when. you have billionaires openly harvesting tax losses because there are no wash sales. that kind of stuff cannot happen so blatantly without raising eyebrows. most of these regulations wouldn't even have much of an effect on the normal crypto holder. am i missing one that would? brokerages reporting + transactions to the irs? that sucks but i'd report + transactions as it is, i'm not rich enough to risk getting deaded by the irs.
as if we didn’t have deadlines sin college to read 2500 page books in no time. they have entire teams of aids and administrators that can help them reas through it real quick!
i'd instantly vote for that idea! it's insane how they make a mash up like this with all kinds of things included. important material should be as clear and "domain specific" as possible: crypto and infrastructure in the same bill, of course not.
how about 1 question per page, if everyone misses more than ten questions its thrown out
initially sounds good but who gets to write and grade the quiz? seems very likely it would be rigged in an attempt to negate as many opposing party votes as possible.
republicans wouldn’t waste their time reading it. they’ve already said [100% of their focus is on blocking the biden agenda](
that is a very good idea that should be applied to politicians around the world.
nah these bills need to be in common terms.
that’s some smart shit! never thought of that. basically saying, ok how much of what you read do you understand? lolol that shit actually makes all the sense in the world. but you know the high classed dummies there would remark, what are we….kids!! we’re not taking any test, just let us vote for shit we don’t really understand!
you're missing the point of congress. they're not there to pass legislation, they are there to take bribes, play golf and to do mostly nothing. the fat cats do not want a watchdog. the fat cats run the show, not the dogs or the mice.
you're giving a lot of credit... junior high ...
if they fail the test they will say it was rigged.
yes yes yes, they would all fail.
but who makes the questions…
making the law ultra specific isn’t the job of a senator though ( and that’s an awful idea ) that’s what the administrators are for , like it or hate it the quiz idea is very , i don’t actually know how any government works but i saw a facebook meme over simplifying the concepts
each item should be voted up or down individually. then you do not need a week to read it.
how can i get this idea on the next ballet?
i think there needs to be more incentive than you just do not get to vote for it. how about you forfeit your salary for the week each time you fail to pass. also how about you make bills that are a few pages, not 10k pages. if the bill is so complicated break it down it to multiple smaller bills. hell first 10 amendments to the constitution all fit on 1 page. if someone can not sit down and in an hour or two read a bill then it is too long. i would like to make another point this decimalization of certain laws is bullshit. this means hey we are going to keep the law on the books but ignore it. this is just congress and the senate being lazy or not having the balls to repeal it. what this does mean is "hey this is still illegal today but we are not going to pay attention to it, but tomorrow we might" also nothing says they cannot retroactively go after you for doing it during the time they looked the other way.
i hate the double standards. when trump was elected, they didn’t even have their tax bill printed before voting on it. they literally had comments and notes written on the page as edits as they were passing it and it caused a cluster fuck that tax season. it’s just all in bad faith.
exactly. that's what they really need.
>i do not ask for much. i just feel that congress should have a higher level of standard than junior high. they do, its just meant to make the rich richer.
i envisage a world where blockchain liquid democracy is done this way, with an objective driven education system that is self-defined.
i love that !! wonderful idea . ill read it & vote
things are complicated and hard to understand by design. common sense went the way of the dodo in favor of legal bribery. the citizens united ruling is the single greatest problem with our government.when bribery is no longer illegal only one group wins. eat the rich! defund the cops and fund the irs!
everyone here should learn about and support the read the bills act. (which btw, has been introduced repeatedly for something like 10 years and the congress critters keep voting down)
you've missed the point that sometimes it is actually unreadable - when they scan the or print pages they sometimes mess up and miss, since no one reads it anyway it is no problem, right?
your country is stupid
but then congress wouldn't be able to vacation 6 months out of the year
but i would not vote for your thing unless you vote for my thing, which would not get voted for unless we both vote for someone else's thing... and here we are.
i'm tired of all the grandstanding by both parties, they are both fucking worthless.
because of arcane senate rules, thr majority party can only pass one bill a year.
whoa! take it easy with that logic
yes, and no more earmarks. a bill is just about what it is titled, no specialty funding for a hidden agenda. if you can only get money because you tricked people into voting for it then you are a shitty persuader or it’s a bad idea.
they’d need to get rid of the filibuster
he's having difficulty lifting it. maybe they could have pruned a few hundred pages here and there.
the government reallllllly likes to print things 🤷🏻‍♂️
a big stack of evil.
looks like a fake stack. a ream of paper has 500 sheets and is 5cm thick. you could fit 2000 pages on two reams, or 10cm of paper. that thing looks like it is 30cm thick.
probably a bunch of blank printer paper like the last time they pulled this stunt. they just know their voters wont ever read the thing so they need a visual to post on facebook.
the "did they read it," trope has been used by both parties over and over again. the federal budget is an easy target for this because most people think of it like a normal bill. but that is not what the budget is. a budget outlines all of the capital allocation for the entire federal government (with very few exceptions). it's mostly written by federal agencies that submit their budgets to the president who then passed those on along with his own guidance to congress on spending. so, no, of course the president does not read it. he's reading the summaries that his cabinet officers give him because it is his job to delegate to the cabinet in order to actually be able to run one of the world's largest organizations. now, if he would held up a copy of just the provisions that biden and, it would make sense. but, of course, that does not make for good theater. :-(
that is peak corruption, paying off their contributors in one giant swoop...
a budget reconciliation bill backed by 48? hahahaha, what are you even saying today to the world?
the worst part about it is the american people have no say.
>you think they gonna read that sleeping pill? are you expecting an epic novel?
hey knuckle head, why would a budget reconciliation bill backed by just democrats be worse than the patriot act? that thinking only works if you're a conservative stuck in the 1920s.
the patriot act might be the worst fucking of all time.
remember few weeks ago, when everybody said, "whatever, bitcoin does not care"?
the us way of making laws is just insane. it's impossible to keep track of what's going on, easy to miss something important and leads to a bloated legal framework that is next to impossible to enforce.
well they have to read it for what they have to concern.
sorry, not american. what is that bill about?
crypto brokers will be required to report transactions of over ,000 to the irs. not sure how this will work in practice but thats the gist of the theory. to be clear: there is no new tax on crypto
if i understand it, the main issue is with how vaguely they define "broker". [this]( video helped me better understand the issues here.
exactly... this is not the first time at all that such a bill was that long trying to be passed in a short amount of time. this has happened a few times during both obama and trump eras. people do not realize this is quite standard. not saying it is right, but this politician is acting like it is the first time this has ever happened.
unrealised capital gains tax is interesting one.
tax on gas vehicles for every mile they drive. they want to see what you’re buying with every transaction over 600$. which is fucking bullshit. we’re all making fun of australia but the usa is short behind with this bullshit. invading our privacy and taxing us up the ass. this bill is continuing to fuck the middle class.
they also added vape tax which as a user my self i hate it already. something around tripling the price of a single bottle of 50mg salt nic. and god knows what other stuff they wanna tax the shit out of it.
probably more money for gender studies in pakistan.
everybody just throws in the most ambitious thing they can slip in there without getting caught. it's like a political knife fight. it's the product of a two party system where the only other option is total gridlock.
mostly lobbyists write the bills. that is the corporations and billionaires that run this country, with some input from staffing.
they just spammed the middle word on the word predictor on their phone’s keyboard probably
lmfao good question. i think nobody knows who wrote it is implying that the whole list is split up between hundreds of political groups and lobbyists adding their wish list in. in other words we know who added to the bill but it’s so compartmentalized that is the issue.
the reality is everyone knows what's in it. just political theater to claim otherwise.
obviously people know what’s in the bill. it’s a bunch of economists and special interest groups and so on who write this stuff. republicans do the same thing. this type of stuff is always grandstanding.
everyone in the house and senate.
yes. the bill is requiring crypto brokers to report trading info to irs about transactions over ,000. there is no new tax on crypto.
left wing, right wing, all part of the same shit hawk
exactly republicans we’re pushing trump’s tax bill exactly like this. some pages had fucking writing in the margins from last minute lobbyists. e:
thank you. and f.
crypto fanatics can do some amazing things finding answers to complex systems we should focus some of this tenacity to this bill
> it's just silly how they present everything. until you meet the constituents.
that’s what happens when the dumbest students in your classes become politicians 🤦
it’s truly 🤡 🌎 people are going around getting confrontational with you because they think you need to obey the government….the television has truly brainwashed too many. the creators of idocracy were way off on the timeline.
absolutely love it. looks like something from supermarket sweep. 😂
i'm sure that print is just for show.
honestly, this video does a better job of illustrating how the world has gotten too complicated to assume that law can be written down on paper and fully understood by individual human brains. law really should be migrated into some kind of computer code. code that can be unit tested, regression tested, and integration tested to make sure it will merge into existing production code without unexpected consequences. open sourced so anyone can build their own tests to pre-emptively find bugs, loopholes, and exploits. iterative development of law should be the name of the game, with tons of small, self contained changes that present like a git commit of new lines, removed lines, and new test cases to prove it works as expected.
they probably paid some chinese kid .00 to cut styrofoam to look like paper
specifically so no one can ctrl+f it
this is like a 100 year old political trick when this congress dude himself has voted yes on hundreds of thousands of laws he never read lol
this shit am not new lol we have had decades of bills like this being passed... the only difference this time is the price tag and that democrats control everything
america is not the world
i would bet 420 sats that out of that 2k pages there is at least 420 pgs of appendices that are not part of the law. still a ridiculous process, just share a pdf there, shakespeare. does everyone get a paper copy? or was it printed out to prove a point?
"this stack of papers is very large and i'm a very small person and i do not work out"
so basically there are lobbyists, people who represent a group of people. these fuckers have teams of writers, and these same groups fund the politicians campaigns. so they just sign their bs bill and support it, and these special interests groups keep donating to their re-election. watch some videos and documentaries on this bs. 99% of politicians don’t give a fuck about your or the bills. america, baby!
soooo what’s in it?
their role is to pass it blindly, while gaining relatively small favors from the entities that get to write it. also, squirrel, their role is to yell squirrel anytime the populace starts asking real questions.
this is the only way you can pass literally any legislation whilst the filibuster is still in effect. that's the problem when the gop can stonewall literally any legislation because there is not any point of putting individuals bills up for vote instead you have to cram all that motherfucker into reconciliation. once again, blame the american political system and the gop's abuse of it.
at least it includes keeping the child tax credit so at least some of it will go to people
this bill was created by dems. they control the house and the senate. they own this, not the republicans. it was pat toomey and cynthia lummis, both republicans, who were fighting elizabeth warren (d) in the senate as she trashed crypto. as for trump, he is gone. and he sure did not try to crush crypto like the dems are about to with their bill.
the next presidential candidate that gives a full-throated support of bitcoin % of the country as strong supporters.
let’s not pretend any politician is beneficial for this because they’re not nor are they needed. how about a bunch of adults stop pretending the two party system in america works. pretty sure they’re all extortionist, murders, and scam artist but what do we know? wasn’t this clown that’s are president just talking about racial jungles twenty years ago? they’ve still yet to give us a real black vice or president the best they could come up with is a half indian bitch, and dumbo barrack. forbid a real nigga gets in office fuck america.
that's why the do it no one...
literally no democratic party member voted for the tcja.
can you explain this a little bit more? i have a vague understanding of what you're saying, but it feels far more instinctual than knowledgeable at this point. thank you for any information you can provide.
what a nightmare the government has become.
they have tax raises in the bill.
it is, literally. also impossible. also it is not in the bill. people keep repeating it like it is a fact, but it is not. i've seen at least a few dozen people in this thread be mad about it, even though it is literally not in there. see for yourself:
correct. both parties do this. i remember the tax plan out budget passed i think in 2018 when the dems complained about the same thing.
yea, imagine americans wanting other americans to keep the money they earned.
awh someone’s party is under attack two party system cuck here y’all he’s a fed! “i want the democrats to f*** my wife and take my money not republicans”
jesus christ this is the stupidest thing i've read so far...
the defense budget is twice the size over the same time frame.
another bill. it's a matryoshk bill.
essentially be the similar to like a .80-.20 increase in gas prices effect wise.
im sure the paper was to make his point.
it´s a toiletpaper, already used one.
\*all you us crypto investors
it would appear that most of our bills in the last decade or so have been
they printed it all on high quality the price tag comments he made were just about the ink
it's a plan to print trilions usd. buy bitcoin, gold.
if bill pass, they print trilions usd. usd basically toilet paper. bitcoin and gold up. inflation up.
you get about [10k to 20k pages out of an average pulp wood tree]( and this makes sense, because the fiber in a tree is what you use to make paper, so two pounds of wood will make 1 to 2 pounds of paper (likely dependent on moisture content and usable fiber of the wood). so 1. and how many copies? what, maybe 500, 1000? 100 to 250 trees?
what matters is that if they approve it, printing usd will not stop for another year. bitcoin up.
plan to print another 3.5 trilion usd. usd is basically toilet paper
in it is a plan to print another 3.5 trillion usd. usd basically is toilet paper.
unrealised capital gains tax is the ideal
stop complaining and fix it.
they cannot make money on it
you should probly be informed instead of sounding stupid. the future of crypto is in that bill...
dude, america is done in a decade.
but how are they supposed to politic and bargain with each other over the very fabric of our nation if they do not put more than one thing in a bill?
who do you write a biased quiz on this? it'd be like "the agricultural subsidies proposed go to a) soybeans b) corn c) marijuana or d) a and b".
when they’re trying to pass stuff like this i’m not surprised
you miss the last 4 years? that’s all either side does. if they could just work together. but they have to keep the division up to keep us hating each other
you're defending "the biden agenda"🤡🤡
more importantly, they wouldn't be able to hold actual important issues hostage as bargaining chips by lumping them in together with shit they know wouldn't pass if voted on separately.
and still avoid reading the bills they vote on the other 6 months of the year
technically the senate never goes on recess. 1 person always comes in for quorum or something and delays the hearings until next time for the entirety of the recess. if they didn’t do this, the president could appoint temporary supreme court members without their approval in their absence.
i would really love to get something started where both sides of the aisle vote independent for at least one election cycle. no party line voting. just independent. we keep trying the same crap and i swear i’ve heard somewhere that that’s crazy. if we could get an all independent congress we’ll get some change or at least scare the idiots in both parties in to doing what’s right for us next time around.
do you really be;i eve that? the democratic party. wants to help people and get help for those in need. the problem is money in politics,because certain senators have been bought legally, and their is no reason to help anyone when you have 0 incentives. the other problem is education, you make people stupid and they don’t question their leaders. they vote their hearts and not their minds. there is a reason why ronndesantis won’t let teachers wear masks. why other red states won’t make mask mandates. it’s sick and twisted but that’s america. racism is a tool for foreign government s to divide a populace. the ability to not think critically and see you being lied to is the biggest problem we face today.
they tried passing things the normal way, but couldn’t get it past magical mitch and his fantastic filibuster.
it's probably hollowed out too.
john barasso can’t even hold his own dignity without having difficulty.
it has to be that big because our political system has failed. the majority party can only pass a single bill a year because of stupid chamber rules that prevent votes.
maybe he should have stopped being elected to his position years ago and got some younger blood in there. to one, be able to lift three reams of gd paper like a real man. and two, create some change instead of doing the same ole shit year after year.
jerome powell entered the chat
true that. majority of laws and legislations passed benefit corporations that fund both parties anyways. 🤷🏽‍♂️
are you a republican?
yeah but look at the size of the font
naw it’s real including the price tag on the side, the bill just come like that lol
have you seen how bills are physically written? it's in triple space and in font size 40
has trump taught you nothing? they printed out the top page and got a few reams of paper from the printer room and called it good.
bro what... 2000÷500=4... you need 4 reams, 20cm. that thing still being bigger but... check your numbers
it's double sided, but every even numbered page just says "this page was intentionally left blank".
let’s assume you’re right, that’s not the actual bill. that doesn’t change what he’s trying to say at all.
i think the point of the comment is that they can sneak in a "and all crypto capital gains will be taxed as income and ss and fica will be taxed on it as well" stuff in there on page 1683 or something.
it's funny how they convince people that do not know how anything works with these shows
while i agree with you in principle, the 3.5t bill is not a traditional government funding bill. it's entirely new stuff, or substantial changes to existing programs. a traditional funding bill is also being voted on this week, or rather a cr is which basically just says keep everything the same for x amount of days, but it is not this bill. this week there are 4 big bills: 1. traditional infrastructure (the "bipartisan" 1t bill) 2. new social programs (the 3.5t bill) 3. government funding (the cr) 4. raise debt ceiling. some of these, 3 and 4 in particular, might be combined but they are all different.
you either get out while you're seen as alright or you stay and the people will find everything you ever did wrong. doesn't matter if you're red or blue. politicians are trash sooner or later
you do have a say. by voting
vladimir thanks you for your efforts.
again they want us to be polarized. that is how they keep the control!
right, this is closing loopholes that people used to avoid taxes on crypto.
if i were elected president i'd introduce a giant ass bill like this except page 420 i'd have the following clause: 1. congress must not pass any law that is greater than 1 legal size page in length single spaces size 12pt font. (or something similar, with a bunch of legal jargon basically saying the sprit of that) 2. all articles in this bill are invalid with the exception of article 1. edit: maybe a better alternative would be that each article must be voted on individually and all must pass via vote for the bill to be accepted.
it’s unsustainable to tax unrealized gains
this part made me laugh out loud. maybe i should ask for a tax return for all of my unrealized income this year. “yeah i had the opportunity to make over ,000 this year (if i worked 24) so i’ll need my tax return to reflect that please.”
what does it say? i’ve only read about taxing capital gains upon transfer when someone does.
that is not in this reconciliation bill.
i do not mind that so much, as long as they let you claim unrealized losses as well.
unrealized capital gains tax only applies to billionaires. i have no sympathy for billionaires having to pay more taxes.
wtf? seriously? fuck that
gridlock is usually better. the constitution made it purposely hard to impose new laws on the people.
the average age for congress is like 60. i bet half of congressional reps and senators do not have the mental ability to write a bill on their own
its a double barreled shit tornado
the shitstorm’s a brewin
traditionally called a dog and pony show
wait till you learn that democrats and republicans are both right wing
oh, by the way, i said: no they weren't knuckle head. this is a democrat-only bill that will not even pass senate because the conservative dems would not vote for it.
let’s see some sources for that claim
only a handful of crypto fanatics do that. the rest of them sit in this subreddit jerking off when the money line goes up.
i'm not sure. i mean, they did add a comically oversized price tag, you cannot do that easily digitally.
the congresspeople are also all boomers who get lost on any desktop after windows xp.
human language is not deterministic enough enough this to work. too much room for interpretation hence all the lawyers and judges.
seems like a job for a smart contract
the law needs to be able to account for grey areas though, which computer code cannot really do very well. the law is as human as we are, with thisagreements and uncertainties throughout. it is rarely binary and always contextual. in a way, common law systems are already an iteratively developing technology which is quite effective imo at administering justice in most cases (as a technology, with some big caveats relating to the *application* of that technology in various countries). the real problem is weak democratic processes vulnerable to corporate meddling, widespread ignorance regarding political and legal principle (meaning there is less outrage when there needs to be and less informed voters (of course, electoralism itself has issues which could be improved via technological means)) and unprincipled political interventions into common law. further, i think a lot of people would have problems with law in code (at least broadly - there are cases for codifying law into code for digital finance perhaps, but not codifying all law into code). law needs a human face for accountability and authority and we would need a huge cultural shift before concluding otherwise.
just another reason we need robocop
what could possibly go wrong by introducing systems designed to eliminate nuance and ambiguity to the law? i get the idea behind it, but every interaction with any law is specific and different. there's no way to harmlessly means-test legislation. imagine ending up in jail or paying too much in taxes just because your locality is beta testing a new law. you can conduct social experiments that inform policy decisions to try to minimize harm and maximize benefit, but we already do that and those usually get ignored anyway. that's why we ended up with 3 strikes rules and mandatory minimums. people are dumb and like simple arbitrary solutions that sound about right: "yea why do not we just use baseball logic to lock people up for... eh what do you think? 20 years minimum sound good to you guys? nice solid round number? great! now let us do immigration..." people suck.
accept my reward reddit stranger. i can log off of reddit now. i would love to live in a world where this is true 😄
true 🤣 we know that stack of paper would be heavy if it were real and he doesn’t look like he hits the gym at all
electronic versions available of all drafted law at congress.gov
left wing, right wing. all part of the same shit hawk...
good points. .5 t divided by 350 million americans is . a family of four: . i'm sure we can both live our lives just fine without that bill ever being passed. i'd rather decide how to spend my .
it was printed out because there are a lot of old people in congress and if experience serves me right many old people want things arbitrarily printed out or maybe it’s easier on their eyes or something.
two free years of community college extended child tax credit paid family and medical leave climate change medicare expansion child care and universal pre-k
you know how everyone gets upset that the government taxes them and does not seem to do anything with that money that makes their lives better, like "fixing the roads" or "making my internet service better" or "having bridges that do not fall down" or "making childcare more affordable"? that's the kind of stuff in that bill. one of the few times we're poised to drop a load of cash on doing things for the american people and the folks in this sub are screeching mad about "wah government spending", lmao. yes, everyone keeps falling further and further under the waterline each year, so "gridlock is better" and "politicians should not do anything". cool takes from reasonable people.
lol yeah it’s not on democrats at all. so stupid
what does that ted cruz tweet proof? just that he is sharing an article? ted cruz is human garbage and a populist moron who should not be taken seriously by anybody on anything. he holds no believes, he will just spout whatever he thinks makes his target audience collectively jizz their pants and that is it. rand paul is not much different. yang is not republican. not the best examples.
are you comparing a multi trillion ?
i think you lost a few brain cells writing this one.
the price is not what bothered me. the physical tagging of it did
bitcoin is already headed back up to
the velocity of money is already kicking in... you see people spending their money faster than then can get it on stuff that are real as the shelves empty
as an example, ask about some ridiculously hard to find detail buried in some random appendix that seems counterintuitive to the other dummy answers...then the test writer's party leader makes sure all of their party has memorized that one obscure tidbit while hoping all opposing party members miss the question and lose their vote. example: this tuber subsidy bill would introduce a subsidy on which of the following? a. sweet potatoes (sorry this is false...the bill puts a subsidy on stem tubers such as potatoes and yams but sweet potatoes are actually a root tuber so they do not qualify) b. pink toilet seats purchased for aircraft carriers (if you had bothered to read paragraph 9.a.ii in appendix 12 you would have known this falls under clause fu7 regarding kitchens and other military plumbing related purchases). i 100% agree with the sentiment that congress should know the content of what they are voting on...i just think tests would be very hard to implement without becoming another tool to abuse the system. i'd rather see something like page limits or some sort of guidance limiting bills to a maximum number of topics.
[the bill is incredibly popular. 62% in favor to 30% opposed.](
damn this hits hard. i recently watched the john adams mini series on hbo and it was really crazy to see how important the common man’s interest was to the founding fathers and early american government.
yeah this is why the national guard didn’t get paid for guarding the capital and congress until it almost shut down. i think we should take a note from history and remember not paying soldiers is a very bad idea and leads to not nice things.
two step process to kill a bill... 1) decide if you can get something out of the bill, if not (2) add one or more; abortion, taxes, healthcare, social security, gun rights, or lgbtq rights. bill gets shot down. happens every time...
it’s the money... flowing in from all sides. best part is the bribery is supreme court sanctioned, so it’s never going away. everytime the little guy gets something (crypto, cannabis) they will swoop in with no knowledge of the thing take it over and muddy it all up... and it’s all to protect their interests because we can’t have the rubes getting rich and changing the system now... left wing... right wing... same fuckin chicken
plus, because if stupid 18th century political science, the people in an arbitrary square thats 50x the number as the people in another arbitrary square gets the same amount of say in the upper house.
i think you’re right. that stack would be heavy as f if all 2,500 pages were put together.
paper is not light by any means, that is some real old man strength right there.
just like their hearts, and brains.
and filled with cocaine (and the blood of the innocent)
fortunately, ***big government*** and its ***deficit spending*** is doomed now that we have bitcoin.
amen brotha am not no politician alive that cares about the people... they only care about 💸
now it makes sense
doesn’t matter. he said around 2000 pages (can’t remember exact number). that fits in 1000 sheets double sided. 10cm worth of paper.
it doesn’t, unless he’s misrepresenting those statements too.
tons of staffers do read the bills to check for this.
is it really snuck in when there have been something like 50 news articles on it, speeches on the floor about it and non stop thiscussion about it here for nearly 3 months before the bill is voted on?
“politicians are like diapers; they need to be changed often, and for the same reasons.” -mark twain
who the fuck ever though joe biden was alright?
we should just get an ai to run the government
politicians are trash. ftfy
you either die hero or live long enough to be the villain.
right, last time i looked i was an american, and every elected politician was supposed to work to make america a better place. now it is all democrats vs republicans, us vs them, red vs blue. it's dumb. just do your job and quit pointing fingers. i do not care how you align. fucking politicians.
remember that time republicans stopped bernie sanders?? oh wait!!! that was the democrats. i almost forgot.
red and blue are both the same to me. stealing money from hard working people to line the pockets of their constituents! this is why they are trying to turn us, average joe tax payer against one another. if we are arguing with one another we have less time to watch what they are doing. they are all criminals! one is not any worse than the other!
by... not voting for the same bills? who's "they" and how are "they" doing it in what we're talking about?
more like opening loopholes for mass surveillance
i'd vote for you.
>congress must not pass any law that is greater than 1 legal size page in length single spaces size 12pt font. (or something similar, with a bunch of legal jargon basically saying the sprit of that) > >all articles in this bill are invalid with the exception of article 1. want to run for president? i mean not hard since biden wants to tax unrealized gains. anyone can win that!
you could not pass any appropriations bill if that was the case. you could not even pass a bill naming postoffices. regardless, all articles are voted on in committee.
what do they do when the market crashes, pay everyone back? with what? lol, we’re in danger…
if i am a woodworker and have a forest behind my house is that unrealized capitol gains? like where would you even draw the line on that?
will they give us money if we lose? no! so why should there be an excessive tax on money that was made legitimately.
the houseing market has increase 10% in some places this year...i do not think tens of millions of americans have 25% of 10% of the value of their home to just throw at uncle sam.
so is printing money to oblivion. hasn't stopped them before...
capitalism is not sustainable
“sure no problem, let me do some math. … … sir it seems with an income of 200,000 you’ve underpaid. you’ll owe us ,000 this year. oh, and there’s a penalty for not paying estimated quarterly tax payments, let me calculate that for you. oh and also, you’ve underpaid on your social security and medicare payments. what state do you live in again? i can calculate what you’ll owe them too if you’d like.”
there is nothing in this bill about taxing unrealized capital gains.
my left nut sack it is an infrastructure bill, this is ridiculous. i cannot find this bill online, in its entirety. why are they so comfortable not providing the public with the full document.
if there are unrealized gains tax, and you have to sell some asset to pay them, don’t you now have less gains if it goes up more because you had to sell part of the asset that would have increased in value had you not sold the asset?
the while point is to make sure people cannot afford to invest so they become further tethered to big gov.
i hope you're right. it's ludicrous to do this to the average joe.
stupid. that type of thinking is why the common man will eventually get f*cked too. "oh it applies to wealthier people, so it is not my problem". yeah, it sure as hell will become your problem eventually because it always trickles down to everyone else, not just the wealthiest.
makes me wonder though, what are they going to do if there is a tax on unrealized gains? auto-sell at certain price-points, will that add too much volatility to an already hectic market? idk just putting those thoughts out there lol personally, not a fan of the idea
that's because you're an envious crab.
today billionaires, tomorrow everyone. it will happen as sure as the sun rises. if it is immoral for one person, it should be similarly for all.
if i were a billionaire i would become a thousandair and end poverty somewhere.
biden also said the new irs plan to sneak into bank accounts was only for billionaires…then it’s been said that they will be in any account holding …it’s never for the wealthy, it’s always for us
this year billionaires, next year millionaires, next year you
lol, you think billionaires can pay taxes...
and those billionaires will pay accountants to mitigate those tax liabilities like they do now you know who it is going to really fall on
yup, that’s if we are lucky it doesn’t get banned by the fda first.
i'll take gridlock over a abomination
ya, i'm constantly amazed that people want to make add and changing laws easy. it sounds good until some tyrant gets his hands on the system.
wow those guys were really smart i’d say.
can you hear it randy?
democrats are not communists. they are largely centre-right economically with a few outliers. i know the overton window is waaaay to the right in the us but your claim is demonstrably untrue
how about you just look up easily available information yourself. edit: copying my comment from below since you gop dick riders don’t know how to look up easily public information. verbatim the same situation and theatre from 2017 only the parties are switched you complete gop dick riding half wit. wake the fuck up we’re on the same team.
yeah they were, and with a ridiculously short period of time for anybody to read it.
imagine being this confident while being absolutely wrong. two seconds on google wasn’t enough for you before spouting nonsense? lol
"beyond a reasonable doubt" is vague enough and it is the main tenet of our justice system.
don't you think law speak has developed to be as dry and precise as it has precisely for the reason to try to remove ambiguity?
that's exactly why it needs to be a computer that do this. algorithms are deterministic. you can reduce interpretation and simplify lawyer and judges's job. in court you'd simply thiscuss and argue with the judge about simple facts. (how much do you earn ? did you sell x ? is it the first time you did y ?). judge enter the data into the computer, then the computer process the sentence with a predictable algorithm. nowadays law is too random. you never know what the judge will rule. even him does not know, the exact same case 1 year later will have a different sentence.
then i would take what they said more literally: actual computer code. the human readable version is not what the smart contracts would work with. edit: saw a couple other comments indicating human language. it could also still be strict legalese, where words used have more narrow and specific definitions. the system could also point out if a word is ambiguous or more specification is needed to avoid conflict with some other part of law. as an example of dubious relevance, google translate has long been able to do near-perfect translations of legal text (i've put toss through it).
managing, approving, and organizing the code is different from how it actually gets executed. i think it is still reasonable to assume that armies of lawyers and judges will still have the final say, even if we start adding in elements of automation.
>the law needs to be able to account for grey areas though no. if there are grey areas then the law is poorly written and it should be legal until lawmakers update the law. judge is not here to invent the law when it is a grey area. judge is here to decide what is true when people lie about the obvious.
idk man, maybe i live in our little eurobubble, but articles of kids not having lunch at school and whether it is their only meal or no? tell me it is not a thing now. our soviet propaganda was milder than that shit.
oh no people making over . the horror.
it's actually 3.5t over 10 years and also it would be spread out unevenly amongst the working and middle class if not for the bill as it goes after tax evaders
its a prop, close your eyes and think about a stack of paper that big, how much would it weigh. 500 sheet box is about 5lbs. so 5 boxes of paper, the thig he is holding does not look like 25lbs.
why do this when we can give the rich more money!? i might be rich some day, i don’t want to have to pay all those taxes.
> medicare expansion > > oh god it is the end of hospitals being death panels why oh why they need that power!
i mean, if that’s what’s in the bill, i hope it does get passed. i’d like some pork with my tax returns…preferably as bbq ribs…
so you think making sure americans can get educated, poorer families can feed their children, allowing parents to take leave when they have a child, and incentivizing climate solutions is pork?
yeah, it is trading on thiscount now because of fed mess
sounds like crazy times ahead, where plenty of money and empty shelves everywhere. china is 85% of total stuff supply including materials, any serious conflict with china will result in exactly that.
that's true, i had not thought about the test writers cheating and giving their party the answers...
they’d use microscopic font size to jam in all in a smaller number of pages.
question: do you want free shit? people filling out survey: fuck yes conclusion: bill is popular
great series. too bad so little of that spirit endures.
back then the elites still saw themselves as fundamentally a part of the people. our elites no longer do.
those people still exist. but the crooks found a way to keep them far away from power. no matter where you stand politically, no matter your stance on sanders' policies. but the way hillary "won" the nevada primaries against sanders? the tumult? yeah. that was the moment the backfin of the whale surfaced from the ocean for a split second. there is no meaningful choice. don't want the divisive, unhinged liar for president anymore? cheer for the lesser evil, the staunchest soldier of the war on drugs then. a man who has built a huge chunk of his career on this bullshit and is still pushing it in 2021.
if by common man you mean land owning white males, then yes.
don’t forget good old gerry and his mandering!
came here to say this. a stack of paper that big would weigh enough to require to hands underneath it.
it's hollowed out in the middle
**corrupt* government and *corrupt* deficit spending
i really hope you're correct. putting most of my eggs in that basket. going to be a shame when they get broke, but at least it is for a good cause.
old dude just wanted to flex that he can awkwardly hold 41.7 lbs of blank pages, one printed page and a price tag from hobby lobby.
plus, the way its worded too, is really awkward. they dont just say "x does this" they say, "in the 1976 omnibus bill, section 8, strike out the third word and add an "if"
i did not vote for any staffers.
actually, yes. it takes institutions weeks to months post-voting to fully understand everything that was already voted in. of course there is a spotlight put on certain items by certain communities, like our community focusing on the crypto related information. but the vast majority of the bill is not in the spotlight. none of this is good for society.
some, a rare few, have a wit not unlike the great mark twain. some quotes from former australian prime minister, paul keating: on john howard "the little desiccated coconut is under pressure and he is attacking anything he can get his hands on" on john howard "what we have got is a dead carcass, swinging in the breeze, but nobody will cut it down to replace him." on howard's 1996 election campaign: "soon we will be at the stage where he will be offering us a free set of steak knives." on peter costello: "the thing about poor old costello is he is all tip and no iceberg." on peter costello: "he's the greatest l plater of all time." on wilson tuckey: "you boxhead you wouldn't know. you are flat out counting past ten." on john hewson: "(his performance) is like being flogged with a warm lettuce." on andrew peacock: "i suppose that the honourable gentleman's hair, like his intellect, will recede into the darkness." on andrew peacock: "we're not interested in the views of painted, perfumed gigolos." on andrew peacock: "can a soufflé rise twice?" he couldn’t have come up with these on-the-fly, so i like to imagine him giggling away to himself as he comes up with them while relaxing on a couch.
they are being changed again and again but they are again doing the shit.
i'll be honest, it was a crazy, old guy or an old, weird guy. there was not really any good choice here if we're being honest with ourselves
people who think that he is only run for president once.
i figured he was going to win because he was connected to clinton's and bushes! so easy to know.
what could possibly go wrong...
neither side wants to see actual progress.
hit the nail on the head. everyone is turning against their fellow man recently, despite that fact that it is plainly obvious who the real bad guys are.
been saying this forever. the only color that matters is green and people in general are too dumb to see the bait and switch which we are being fed.
you see them for what they are. theres no red vs blue. its the elite vs normal people. always has been, always will be.
they the politicians! not one of them that are any good!
and yet organizations and buildings get named without this mountain of bureaucratic gibberish all the time. you're not wrong of course, i'm not thisputing that. it's a bullshit excuse is all, as there is *clearly and demonstrably* alternative and *better* ways to handle these sorts or issues. if their favorite way of doing thing was removed, things would still get done.
yes, it is very possible, so it is safer for us to put our money in a cold wallet.
they do. look up the great reset. america cannot be a super power for the great reset to take place. that is why this shit is happening. it is all intentional. even a fucking vegetable knows you do not tax unrealised gains
not everyone. just the financial institutions that facilitate the trades. what they do with the money is up to them.
haha exactly. it’s ridiculous. they’re making it impossible for the middle class to try and invest for a better future
i could make a 10 billion dollar offer on your house, then withdraw it immediately. you now owe the irs 5 billion.
does eggs and sperms consider unrealized capital gain too? what about those that are wasted on menstruation cycle and daily masterbation? unrealized capital loss?
death of a nation brought on by overtaxation? benjamin franklin certainly did not have the foresight to see this coming. 😔
no system is sustainable, everything is a victim to entropy. its about finding equilibrium that harbors innovation, so that the standard of living may increase for those already exposed to the system and going forward. these bills are never written in a way where the little guy has any benefit. they are written, so that people in power maintain their power. right now old money is afraid of the up and comers that might take away their stage time. the 1% is constantly churning, and they would like to slow it down. when innovation gets slowed down through anticompetitive laws everyone suffers even the "elite", because new technologies wont be able to help them because of their greed.
then why are they talking about it in this thread?
there is something about taxing farmers for every head of cattle and pig... imo taxing bacon is a worse sin than taking unrealized cap gains :(
it took litterally 30seconds to find the bill, just searching infrastructure bill:
first time seeing a bill get made?
because they do not work for us, they are for sale.
yes. but to be fair that also applies to realized gains. if you have to sell , and you have to pay , then you have to sell more to pay taxes: +. but then you also have to pay taxes on y, so ++$(y×y) and so on. this becomes a geometric series in (y). and that does not even catch the subtlety of getting knocked into a higher tax bracket. taxes on wages though are just as much b.s. if not worse though. edit: the people commenting apparently do not know that geometric series sometimes converge. i never said this necessarily goes to infinity.
this is the truest thing i’ve read in this thread so far.
"old money" billionaires taxing "new money" billionaires is still our problem, even if we are nothing more than thousandaires.
billionaires have teams of accountants and lawyers that will get them low tax rate. ultimately, this will hit the average joe.
when haven their tax bills affected the average joe. this hammer is gonna hit us all
billionaires do not pay tax in the usa. the move there money to other countries. they also do not like to make less money so they just charge more to cover the cost. then they charge you sales tax.
have you read the bill? do you know what the language even says? or are you just talking out of your ass?
it’s not just “wealthier people,” it’s billionaires. arguing that billionaires should be able to keep more of their money instead of funding society is not going to make your life better.
billionaires selling assets for cheaper than they would otherwise doesn’t sound like a bad thing to me
tax laws should be updated as wealth thistribution changes. marginal tax ranges have changed over time, obviously. we don’t just write one single tax law and think “welp, that will be appropriate forever.”
not how taxes work. more wealth you have, more you should pay for the.
the bill is already written, pending review by senate. you can read it here: i have not seen anyone that i trust saying that the unrealized gains taxes would be applied to people with <. i'd be interested to see a reputable source that is saying that. yes, biden. personally, i voted for someone much more honest than him in the primary. there was a not a viable candidate that lies less than biden in the general though, so i reluctantly voted for biden. corruption sucks.
i mean, if it’s a … i would expect yes.
billionaires can pay taxes, yes. and they should.
the argument you’re making is “billionaires get out of their taxes, so why should we even try taxing billionaires?” assets over ? tax the gains. not sure who you’re suggesting it would “fall on” but… if billionaires, then yes.
exactly. i want a government that is forced to agree with itself. which seems like it would take a while.
sorry for the long comment, but i thisagree with you here, and because yours is an opinion i encounter quite often around these parts, i wanted to at least expose you to an alternate view on this. fundamentally, making laws very hard to pass destroys the fundamental feedback loop of a democratic system. in virtually all other developed countries outside the us (take the uk as an example), when a political party wins a majority, they get to implement at least a substantial part of their agenda (i would find it difficult to believe that the uk can be called "tyrranical" for these reasons). those policies have real effects on people, and the voters judge how good, so the effectiveness of a party's governance becomes the defining factor in its electoral success. if a party has policy views that are outlanthish (completely outside the overton window in the country they are a part of), they get punished by voters who recognize how bad having them in office is. however, the us is different because of the amazingly large number of "veto" points that exist. passing any bill that is even slightly controversial requires control of the house, 60 seats in the senate (to get rid of the fillibuster), and the presidency (to prevent a presidential veto). meanwhile, in the uk winning more seats in the house of commons is sufficient to have control of the government and of the legislative agenda. what this has meant in practice, at least over the past 15 years, is that in the us important bills on issues that cannot be rammed through using reconciliation never have a chance of being implemented. this has multiple negative effects. the first, and (in my view) most important one, is that the political thiscource shifts away from policy (since one side always accuses the other of obstructionism anyway) and towards culture war fights, ones which activate partisan responses and make the political atmosphere even more toxic, deepening our divides. instead of debating immigration reform, or healthcare reform, or educational reform (or even the debt, for that matter), where both parties would have the opportunity to present their alternate views for the future and perhaps implement them so that people can see which ones work and which ones do not, we get bogged down in thiscussions which do not have an empirical resolution (i am not saying that debating critical race theory, for instance, is useless in our democracy, but i do not see how it is a question that can ever be solved through political means; rather, all the stuff i mentioned before is also important and we can try to solve it through legislation). the second reason is that it completely shifts the power dynamic between the branches of government. ideally, the three branches (executive, legislative and judiciary) would be separate and co-equal, keeping each other in check. however, the legislative keeps being hobbled by what i mentioned above, but because our large, bureaucratic administration must keep functioning, congress starts offloading many of its responsabilities onto other branches, which do not require bipartisanship. this is how unelected officials in the executive branch came to attain more and more power in recent years at the expense of our elected representatives (think of daca, which was implemented as an executive order instead of as an act of congress, as well as a myriad of other examples). it has also resulted in the strong politization of the supreme court, as activists on both sides realized that they cannot get their policy preferences enacted into federal law, and must instead get the court to rule their way.
i'm from portugal and let me tell you this: the new american left (specially the one that pushes censorship en masse) is closer to portuguese far left that center left. i can name the policies one by one.
yeah it was well reported at the time. i don’t think he cares about that though.
except that the senate version of the bill and the house version of the bill aren’t the final copies. you are referring to the senate version that moved to the house. after the house passes their version they go to a senate, at which point it’s sent to the president.
"yeah they were"? yeah who were? knuckleheads. nobody knows american politics, all just cyring and whining how "all politicians are corrupt".
"yeah they were"? yeah who were?
oh, by the way, i said: hahaha. you think this bill has already passed, will pass, or that it is the same as the tax cuts and jobs act of 2017? i'm trying to imagine your answer.
objection, leading the witness
yeah it tries to be. but there is still seemingly so much nuance that needs interpretation. human language is not computer code.
yes. and even despite all of that it is still ambiguous.
how do you account for intent? will algorithms be capable of determining it?
i suppose so, i still think having the law in code which is potentially even more arcane and unfamiliar to the average joe than legalese will be a big pill to swallow. instead, targeting the causes of our various governmental woes (one of which is centralised control of money) seems to potentially provide a bigger freedom bang for our collective buck.
> if there are grey areas then the law is poorly written and it should be legal until lawmakers update the law. i am taking you here to be suggesting that "good (or, 'well-written') law has *no* grey areas". consider a government seeking to criminalise tax evasion. the reality of this is that new methods of tax evasion are developed all the time. which do you think would be the more effective law for this end: 1. one which states that tax evasion is illegal, with some examples and basic definitions provided or 2. one which exhaustively lists all known means of tax evasion and states these are illegal it is clear that 2, which lists all known means of tax evasion, is going to have less grey areas. but if a new method of tax evasion (or behaviour which falls under the kind of behaviour the government wants to criminalise) is to be developed, then it would not be illegal, and the statute will have failed at what it was setting out to do (the mischief, that tax evasion be illegalised). under 1, a judge in a given case is free to reach their own conclusion as to whether the new behaviour is tax evasion or not. therefore the system with more grey areas has more effectively achieved the end of criminalising tax evasion. flexibility here, then, is an *attribute* of the system, which allows it to develop as society does. this flexibility is not present in an encoded system. of course my example is not reality, as real statutory regimes have a mixture of general and specific laws in them. nevertheless, they will **all** have 'grey areas'. perhaps you think that all law is poorly written, but i would think that is hard to justify. anyway, at the very least, i have shown a likely tension between *clear* law and *effective* law. > judge is not here to invent the law when it is a grey area. what should a judge do when faced with ambiguity as to the application of a particular law, as they do everyday. what do they do when legal principles seem to conflict, as they do every day. human interaction and essentially society, as it is incorporated into law, is simply too complicated to be encoded without losing its legitimacy. perhaps a radically different system is possible, but that is beyond my imagination and the path to enacting such a system seems unlikely. the accepted fiction in law is that judges do not invent the law, they interpret and apply it and produce new developments to flesh out grey areas as they go along. however you're right in the sense that the more clarity a statutory regime has, the less ambiguity room a judge has to conclude one way or another. > judge is here to decide what is true when people lie about the obvious. i interpreted this (and i could be wrong, because we are working in an ambiguous language here) that you mean to say that judges are fact-finders who protect some kind of reality-bound version of truth, where they can find out who is lying and who is telling the truth. if that is what you are saying, then i think that is an incredible oversimplification of the realities of legal cases. the idea of a single view of truth is itself philosophically fraught. there is a reason that criminal cases are about evidence, not about truth, because without evidence, the truth is often inaccessible. peoples perceptions are frequently wrong, peoples memories are shit, and people will thisagree about remembering the absolute smallest things. cases do not always involve liars and are much more often about legitimate thisagreements and also competing legitimate views of the law which need to be resolved. if there was not a real controversy, the case is unlikely to happen (because who would pay for a case that they would obviously lose?). **some other thoughts** the idea of a perfectly clear legal system is great in theory, but it could and has never worked in all of history. there will never be agreement on a particular legal wording, much less a particular code. it is impossible to simplify our hyper-complex world into language, and i imagine doing so in an ultimately binary language would be even harder. some (raz i think?) have said that clarity is an important element of the rule of law, and i absolutely agree. but it is not the only attribute. it needs to be balanced with other attributes of legal systems, like accessibility and simplicity, consistency, practicality, and flexibility. from a political, compromise is a guaranteed feature of any government, and compromise is impossible without some measure of ambiguity. these laws have to be agreed upon to be passed into existence. truth itself is a grey area. in the philosophy of truth there are probably tens of different ideas of what it is. which one gets put into the code? the one that is true? what does that mean? correspondence to reality? what about science, whose scientists often take a more pragmatic view, such as holding that truth is the end of inquiry (similar to criminal law, funnily enough)? any legal code will simply be encoding the particular philosophical and jurisprudential views of its writers. at least humans can bravely consider these ambiguities in a court room, rather than deferring to a computer to attempt to settle the unsettleable. in my view, code is too rigid to support such ambiguity, and it would lose the corresponding nuance it gives a legal system.
this is asinine. you have no idea that law is complicated because the world is complicated. let’s say a and b start a corporation and each invest . later on, they both lend % interest rate. now, is the interest payments on those loans just a thisguised dividend? or is it an actual interest rate for which the business can deduct the payments? tell me how you’d decide that and then i’ll tell you how it actually works.
most schools offer free lunch to students who need it. that, and the lunches are already like 75% subsidized. costs like .
quit eating what they put out. go read actual bills. if it sounds good,it is not. this is all of them, by both parties singularly or together.
you have summed up this sub.
yup the country got sold out the last 40 years and now china grew up and do not need the usa for much.
like it already, wanna try it out.
if you can’t even be bothered to read the link i shared, then of course you couldn’t be bothered to know what’s actually in the bill and how it’s being payed for. the vast majority support the .5t price tag and how it’s being payed for 68-25
ffs, investing in the country's infrastructure isnt "free shit".
the only ones getting 'free shit' are the legislators off of tax payers... time for tax payers to get some free shit too since we're the ones paying the taxes...
always wondered what happened to those people in high school that reduce everything to a popularity contest! looks like we found one of those gems! 😂 well if that is the case, then biden’s approval ratings are truly thismal currently, so must mean he is total garbage and time to impeach.
and even when it does it’s so fleeting because those people get pushed out of office by their peers.
the spirit is still there it’s just that money is the only way to win elections. especially the senate. you will not win a election that doesn’t align with corporate interests. two party system is obsolete and heavily favors the minority. our government is broken.
taxation without representation is what we have. politicians represent their biggest sponsors, not their individual constituents.
that was common haha
race-baiting and off-topic nonsense.
well he said did say common man, black people were property, natives were subhuman savages, and women aren’t men.
i believe that the proper amount of government makes everybody freer. i believe that the us federal government is way too big at this time. for example, military spending.
you in fact did, as politicians in office pay and contract staffers to help them deal with the minutia of government.
no, but you do vote for who they work for and report to. there are about 17,000 staffers between house and senate combined. a lot of people hardly look deeply into the actual representative or senator they vote for--they will care even less about staff, especially if they suddenly have a 10 page ballot full of positions with no actual representative or decision making power that they are wildly unable to understand and probably do not really know what they do beyond "work for the person who actually represents me." you get your "vote" for them when you vote for who they work for. unless you want a ballot that takes 3 hours to fill out where you cannot realistically tell the difference between any of the names and it does not matter even if you do because they do not actually represent you anyway.
exactly...like, why do we universal pre-k...they're not even thiscussing or advocating for certain stiff. they just compiled everything every democrat wants and said 3.5 trillion. and everyone is only talking about 3.5 trilion...like...let us debate the items in the bill and vote and pass them one by one, it is their job.
yea the thing i find weird is that there was more than 2 people running for presidency yet they had to corner themselves with the arguably worst 2
i voted for kodos.
there were more than two candidates. this line of thinking is what got use stuck with people like biden and trump
yeah i keep hearing that. just shows how much people pay attention, and it isnt much.
who was the crazy guy and who was the weird guy? only 1 of them abandoned americans to the taliban.
should have had the quirky old guy that would have actually helped the people.
i could not agree more! we the people need to take our power back. as one nation like we did with the crown!
well that is a very stupid sentence, because there is people on the left who take no corporate donations whatsoever to fund their campaigns. they also would like bills like this to pass for the country. bills that not a single republican is going to vote for, and be a tough time getting the 2 of the most corporate democrats in the senate to vote for it either.
that’s the thing, this process didn’t just happen like this. it didn’t just come into being like how athena sprung fourth from zeus’s head fully armored. we are here because of centuries of writing bills. this is the result of evolution of hundreds of years of bill making. there is a reason for this process. we need to be very specific and use very arcane legalese to write these bills, otherwise there would be confusion on the other end. we can be critical of the process where the majority party can only pass a single bill a year and how the only way to legislate is through this crazy process. but the length of bills isn’t something to be critical of, per se.
yep. they’ll be printing money to hand it to people worth 100 billion dollars for “losing” 20 billion. when we try to repeal it, it will be painted as a tax cut for the rich. 18 year olds on reddit will explain to us why we’re stupid for not understanding…
this year: jeff bezos and elon musk didn’t pay taxes because of this “loophole.” next year: the government gave bezos and musk billions of dollars in tax refund because of this “loophole.” lol. they’d also be taxing people for owning homes while the value goes up. for owning stocks. basically, they’re going to make it completely untenable for a regular person to own anything of value.
this is getting a little too close to r
> don’t tax unrealised gains let me just play devil’s advocate for a bit. imagine we taxed only unrealised gains. wealth for a better word. this would be things like property, stocks, bonds, cash etc etc and we didn’t tax income at all. that is the money you make from *working*. your labour. **the more you work, the more tax you pay.** taxing wealth instead of taxing labour makes more sense, right? if you have benefited from society you should contribute to it. the wealthier you are the more you have benefited, the more you should contribute. yes, i realise the inherent complications with taxing unrealised gains, but that is also why we are taxing income; it’s easier.
which is completely deliberate. and it is working.
hahahahaha. there is no middle class.
if this is true this is the answer any time anyone famous, any politician or government person sell anything everyone should offer them billions they will have to go through the whole process you watch the whole thing will thisappear in a week
because, on many topics, this sub is a right-libertarian circlejerk.
thank you. idk why but my phone was not loading the page from congress.gov when i went searching for it.
i first saw a bill get made in the 70’s. he was a cartoon bill that went to capitol hill. then he became a law. damn, i was smart enough for congress when i was 6 apparently but already too moral
your math is silly. you sell for x. let's say your tax on that is 20%: y = x. you pay the tax from the money you got from the sale. you're left with 4. where's the geometric series? let's say you actually need all of x dollars for whatever purpose. then calculate how much you need to sell to be left with x after tax: x = 4, solving for z: z = 5. so if you need , you sell 12.5k worth (z), you pay 2.5k tax (y), and are left with 10k (x). again, no geometric series.
what does their statement have to do with the bill specifically though? it's a general statement that thinking a bill only affects the wealthy is completely dumb. and you you avoided it by trying to claim he did not read the bill
billionaires own congress, they own the government, and if they do not they will move themselves and their wealth move to a jurisdiction they can own. i'm all for fixing the systemic flaws in the system, but the idea that we can take their system and attack them with it is ridiculous. they will take their toys and go home.
lol, you do realize that you're pointing out billionaires but a larger group of common people will assume anyone making over 'super wealthy' and should be taxed to hell right? do you get where this is going, or is this not registering in people's brains anymore because class division is 'so cool' and hating people with more money is 'sexy' in 2021?
you may want to spend a minute researching how much money the 'wealthy' actually contribute to the tax base in dollar amounts. spoiler alert: the rich fund more of the government than all the common joes who hate the rich.
billionaires will avoid it and the little guys will get taxed.
billionaires still need legislations passed to assist them in avoiding taxes. if we had a government "of the people, for the people" this wouldn't be a problem.
agreed and they have changed. in most developed countries, the bottom third of earners pay zero taxes, the next 3rd a moderate amount and the top third the vast majority. what is a fair share? the top earners already pay way more. top 10 % of earners pay over 50% of income taxes in most places, sometimes 60%+ but everyone still gets 1 vote, same services from government per person. how much is fair to take from those who have earned their money?
corruption does suck, and they’re mostly all puppets of the same show, left and right. i’m not saying it’s definitive that all will be subject to the tax, i’m just saying what they say is not what they always do. the bill will be amended in the senate and then passed back over to the house so who knows what will be changed or if it will be. the only truth will be when’s passed that we actually get the final version (captain obvious, i know!). i honestly kept pushing my dem friends towards tulsi…i didn’t agree with all she had but i also didn’t thisagree on some stuff but she was the best out of the group i thought. i don’t know that i would’ve been thisappointed had she won. but she got chopped when she took on kamala…she was even overlooked when people were talking about “only female candidate…” and i was like um, i’m pretty sure tulsi is a female as well! haha
they get paid with your taxes. that's why they are billionaires. only the little people who work pay taxes. that's what taxes are. that's the only thing they can ever be.
for those keeping score at home, both .
also, which one lol
reading comprehensive is hard huh?
ser this is a wendys
it's the lawmaker's job to define it and make a simple law. maybe the logical solution is to tax both dividend and interest the same. or make it so corporations have to make public offers for loans that way you cannot loan your corporation above market price because the market will outbid you. if you really need to thistinguish maybe you could determine the normal interest rate with the market price taking the risk profile of the company into account the same ways banks calculate interest rates for loans.
paid by marginal increases in taxes for families making more than 400k
yeah but they bring in kfc and papa john's. where is the freshly cooked turkey a la king?
i like the provision where they eliminate child poverty.
> go read actual bills. it's literally spending on fucking bridges. who cares if the bill is 3000 pages 3 pages or 300 million pages, if you actually read the bill and you were against maintaining bridges you're extremely politically psychotic.
you’re making it sound like the popularity of this bill is representative of all americans when it’s mostly democrats in favor. that’s an important caveat
theres plenty in there that is not infrastructure
or even better, let people keep their money to use as they see fit
that's the problem. it will never be time for us to get free shit! the world does not work that way! once you understand that, you can easily call out any politician offering free shit as a lying dirtbag.
you'll find that proportional representation is even worse in terms of representativity. members of parliament elected by it are accountable to no one as they do not have a geographically delimited constituency. source: i live in a country with proportional representaion in dire needs of reform, we want thistrict voting of any kind, even fptp but the politicians fight tooth and nail against it
the closer government power is to the people, the better the people are. strengthening local governments while shrinking federal power.
yeah but they have to be pale, stale, and male to get elected.
one of em made a deal with the taliban and lost a bunch of territory near the end of their presidency. then lost the election and lied about it and continues to do so despite a attack on the capitol in his name where one of his supporters died and multiple officers were attacked abd traumatized to the point they killed themselves. the guy put a deadline like 3 months from when a new president took over during a pandemic. a pandemic where the he called the thing a hoax for months, tried to thisplay hundreds of thousands of people dying, did not use his power and influence to get his supporters to mask and social thistance rather than act like entitled babies, and thiscouraged people from wearing masks to help prevent it from spreading like wildfire. why not? because it would make him look bad to go against the republican narrative of freedom and lose approval. even if he won, there no guaranteeing he could have done any better with the shot he himself started. stfu you know who the crazy one is
do you need assistance figuring out if the guy who said you can drink bleach to cure coronavirus is the weird guy or the crazy one?
yeah, trump. he's the one who negotiated the deal.
that was not an option. they both convince half the population that they are that one. neither is
which is why he was not allowed to play :(
i’m a democrat friend…. they are all poisoned by greed. everyone of them have an agenda. there is no good politician. they are all corrupt. that’s a fact jack!
[what being on reddit is like](
right. it cements a two tiered class system. the wealthy and the poor, the haves and have nots. no middle class, nothing but a small number of elites and then us pleebs
wow so you must have read that part of the bill!! can you give me some more specifics??
“you will own nothing. and you will be happy.” worldwide tyranny. worldwide slavery.
depending on the state, your home's property tax does go up if the value goes up, even though you have not realized any gains. and that is paid every year. you own it, but you have to keep paying taxes on it. why not stock?
that did not make any sense. because bezos' net worth keeps increasing in unrealized gains, he will get tax refunds to tax those gains. but by all means everybody +1 thinking the .5 t bernie-backed bill is somehow secretly made by republicans (who would not vote for it) for the rich.
stop trying to link a tax on billionaires to the rest of us. if you do you're misleading people intentionally
>basically, they’re going to make it completely untenable for a regular person to own anything of value. that's what the rich want. keep the working class working to scrape by. metaphorically speaking, they cannot hold a gun to your head if they are too busy trying to feed themselves.
hey, i thought it all was too when i first heard about it but it is not. it is legit and out in the open. they elites have become so brazen because populaces have dumbed down and no one pays attention anymore to serious issues. we are too busy following the kardashians. take a little time and check it out. have a good one
do a google search on the great reset... its not a conspiracy theory
did you mean coinspiracy? i’ll see myself out…
yeah, r, and that the bernie sanders-backed .5 t infrastructure bill is secretly made by the republicans (who will give it 0 votes) to help the rich.
wait this isn’t r?
the idea they do not contribute is absurd. everything they purchase requires hundreds if not thousands of workers. this means because they are spending money people are making a living. taxing unrealised gains will hurt those of us trying to invest for retirement and will thiscourage others with money from investing here. investing spurs innovation, you tank investing you tank innovation. want to tax the ultra wealthy then institute a consumption tax. that hits them regardless if they use loans etc. and would allow the normal and ultra wealthy person to invest without rediculous and damaging taxes.
it would not apply to the rich, powerful, and famous. taxes are for smallfolk.
are you saying you’re in favor of fixing systemic flaws, but that the system is unfixable because it is owned by billionaires? in my opinion a law like this that specifically targets billionaires seems to indicate that the system is not 100% in billionaires’ control.
uhhhh… i’m very aware of that, and believe that the portion paid by billionaires should be even higher than it currently is.
someone with a billion usd is not a “little guy.”
i don’t have hard numbers for what i think is “correct”, but i think the best indicator of what is a “fair share” is the thisparity of quality of life between the top %s and bottom %s of earners. the thisparity in america is fairly easy to see. on one hand you’ve got a lot of homeless people who are starving and don’t have access to healthcare, and on the other hand you’ve got quite a few billionaires with more money than entire countries. that to me is a clear indicator that something is fucked up.
unfortunately, tulsi very recently said she’s thinks we should be continue. she was not the anti war candidate she made herself out to be. i voted for bernie.
all the numbers in your comment added up to 420.0. congrats! 200 + 100 + 20 + 100 + = 420.0
those are hundred thousands. i said billion.
that’s the way it is now. the family farm gets sold all the time because of this it seems unfair from a purely ideological standpoint, but in practice, wealth gets hoarded this way over generations and creates an aristocracy. that bad for our economy and frankly bad for our country.
they hastily passed a massive tax reform bill at 3 am in an effort to kick 13 million americans off their health insurance. bootstraps and all that. edit: here is a source literally from a senator who was handed the bill. what exactly made this claim outrageous? it took me under a minute to find a primary source.
verbatim the same situation and theatre from 2017 only the parties are switched you complete gop dick riding half wit. wake the fuck up we’re on the same team.
the tcja's final bill had hand written scribbles in the margins.
what a fail answer. first off, it skipped the scary part of answering, and second of all the "comprehensive" part was the one thing that was not properly spelled.
on top of it look who it is coming from a partisan pollster. data for progress? yeah it’s a pollster with a bias. it’s one thing to post pew, gallop or rasmussen polls but this is way different. data for progress is always going to post data that support agenda they want to support. it’s no different than a fox news opinion poll. also the questions asked are interestingly phrased. polls are so complex you can’t just take the % number as gospel.
not to mention a sample size of 1,188 being *fairly small* relative to the population of the us.
well, america is mostly democrats. sorry not sorry.
and you're acting like democrats are not the majority of americans
i dont have kids. i still want expanded paid family leave and universal pre-k.
no because we live in a society that shares common things like roads and bridges that everyone uses... those need paying for… sending money to afghan after the prez ran away not so much… we should recoup that money…
where is everyone getting “free” from …. it’s called using taxes for the people instead of the war machine or wealthy,… you know like most other developed nations… it isn’t a new concept…
define 'free shit' so we know we're all talking about the same thing... using taxes for the people is not 'free shit'... it is paying for a service with taxes... currently those services only go to the rich, or war makers... not sure what they are going to find to be at war with now that we're out of afghanistan but those weapons builders love the contracts... keep the money flowing into the lined pockets... that right there is where your 'free shit' is going...
hey, watch that 10th amendment sounding talk. you might start making sense on reddit
i was wrong...he said "fuck that" to maintaining a presence to avoid a humanitarian crisis...so empathetic "f--- that, we do not have to worry about that. we did it in vietnam, nixon and kissinger got away with it," biden reportedly said.
biden has been super clear. he wanted to leave afghanistan, 'damn the afghani's' i believe is the words he used. he's the president of the united states and leading the greatest military force to ever grace the planet...he could do anything he wanted...even break the may 1 da t w that trump set to i do not know...august 31 or 2022 or 2025...because you know...the us military. he wanted to leave he decided to abandon bagram. he decided to pullout military before embassy, civilians, and siv applicants. he decided to drone a fucking family. biden.
no doubt you’re referring to candidate, who was constantly misquoted or fake narrative
well, he did not say that so...maybe the guy that said that black people do not know how to use the internet?
some people conveniently fail to remember that one lol
actually biden changed the deal.
no, that is stupid and your news sources are stupid. look into bernie sanders, aoc, and the rest of the justice democrats. unlike the rest, they do not take bribes, so they can vote however it suits them. support them, not your incumbent representative (you know who, right?), if you want to look into fixing the system. that's going to do a lot more than your exclamation points (!) online.
i once argued way too long with someone that having a job was not slavery...because wearing a collared shirt everyday to do stuff on a computer so you can afford to sleep in a place and eat food is obviously the same thing as slavery.
haha holy shit this is accurate. this site is filled with a bunch of first world wannabe communists who feel oppressed and do not understand how anything actually works (particularly anything related to business, economics, or financial markets).
i’d laugh if it wasn’t so sadly true…
for real. it's the rich vs everyone else. we should be uniting against them instead of dividing and fighting among ourselves over masks and vaccines. almost seems the divide is manufactured... drop a few mil and promote some divisive content on social media, then sit back and enjoy the show. idk. but we're losing the fight when we fight each other
i’m an accountant so i understand there are two options here: either you tax gains but not losses, which means business owners who make 100 billion from stock going up pay taxes on that, and then it drops, and they don’t get anything back, then it goes up again and they pay again, paying taxes on what is by by definition not actual income or money in their pocket. or… you pay them back when the market crashes. tesla tanks, elon musk loses ten billion dollars, and the government takes working peoples tax money and hands it to elon musk because he “lost” billions of dollars. either way, it’s dumb. really dumb. you’d have to basically have a 15 year olds understanding of money to support it. unfortunately, this is america, so most people do, and this is reddit, so most of you do, so i guess i’m a bad person for pointing that out.
you don’t get taxed on the gain as income, you get taxed on the value of the property. two different concepts. the annual taxable income in the us is 17.6 trillion dollars. we tax it 0-37% to fund the 3-4 trillion dollar budget. the total wealth of billionaires combined is about 4 trillion dollars. we tell people we’re going to tax it to fund socialism because we know we didn’t provide them with enough education to know better.
until the stock market crashes 2008 style and he loses 50 billion… i can tell your age from the fact that you think the stock market only goes up every year, lol
if the market crashes and musk and bezos have negative income from their stock price dropping, and i still have to pay income taxes, who the fuck do you think is paying for their tax refund? i’m misleading people unintentionally… says the guy who voted for this shit, lol…
you should probably take a break. i used to be like you. trust me. step back for a bit.
exactly do some digging behind msm and google people. wake up to what happened to the world over the last couple years. a complete power grab.
i'm for fixing systemic flaws rather than unnecessary class warfare. the "system" of governance in the us and much of the world protects established interests from competition via many means, barriers to entry, subsidies, preferential contracts, etc. a law may look like its targeting billionaires but my point is that there are two outcomes. the first and most likely is that the law has loopholes for the truly wealthy and the negative impacts find their way to the average person. or the less likely, that this actually targets billionaires directly and threatens their wealth considerably. if the latter the billionaires will take their wealth to a different jurisdiction. government that has the world reserve currency does not need to collect taxes, its a false narrative. when money is needed for military we just borrow it. the idea that all infrastructure or social programs must be funded with taxes is not true. in other countries without a currency used as a reserve , they depend on taxes yes, but not the us. this idea that we need to tax the billionaires to pay for government programs is a false narrative used to divide the population and fan the flames of class warfare.
why do not you question where the f*ck the current insane amount of taxes go already, and how the holy government mismanages that money on an epic scale. oh right. that's the 'unpopular' way of thinking, or using our brains. let's just 'blame the rich and tax them more".
yeah and they also would not be the ones paying the taxes either.
nope and nor have you or any of your elected representatives. what i do know is that every time the dems try to go after the "evil rich" guys, it is the little guys that get screwed. you are just either too young to realize that or being willfully ignorant of the past.
they are talking out of their ass
i haven’t paid much attention since then but she is active duty so i thought maybe she would have more of a grasp of what’s really going on on the ground rather than a 30,000 foot view. my issue with bernie is the same issue i have now and that’s spending. there is so much dumb spending going on that should be redirected into better projects like homelessness and mental health. working in the medical field, i see both way too much and not enough responsible resources for either. it’s just a revolving door and gets passed around and looked over for far too long. and we have to do better for our veterans…give me a candidate running on those issues and they may have my vote, left or right. in all honesty, biden has nothing to do with this bill…he’s just a signature, same with all presidents. it’s the congress that fattens these things up with foolishness…i think if we took the money out of campaigns we’d see less of this b.
so the republicans hastily passed a bill that cut taxes and reduced spending? and the dems are passing an unread bill that increases spending and adds new taxes (including to crypto)? hardly the same thing, chum.
>same situation looks like the gop's bill cut taxes. the dems raised them, including for crypto. i'd hardly call that the same situation, teammate.
51% is a majority. i was asking if it is a thing. if there was 1 kid in any eu country on tv even mentioning they are hungry, all shit will break loose in 15 minutes. why not print an extra trilly for that once boeing is safe and cushy now?
apparently this survey proves that half of all republicans support the bill
why would you be sorry not sorry for that? i don’t get it
just not true at all. if you took a cross country tour of each of the united states almost the entire trip would be in republican areas. the democrats are massively concentrated in several very small areas and do not represent america as a whole whatsoever.
sorry but that is wrong
just another step toward govt becoming our daddy
do we use each other’s kids? why would i pay for other peoples childcare
yeah no that was a mess. he could have pushed it farther but fuck if i know what the consequences then would have been. does pushing the may deadline tell the taliban to start fighting more intensely and heinously because we're not actually leaving like we said? did he know the government would shit the bed and just up and leave? did anyone? should he have started moving people months ago rather than assuming there would be time? yeah. not arguing he is perfect. our leaders feel like they are nowhere near we want to be. but we do not get the best people and certainly trump or biden were not good options. don't be apologetic for either. we get two options handed to us, it is never good anymore.
til twitter can misquote you before you press post
> well, he did not say that well, he did: knocks it out in a minute apparently.
"but... but he wuldv'e dun it beter!!!11!" as if "competency," where the word anyone would use in describing the trump administration...
he did not really, but whatever.
the fact that you think anyone of them would not lie and take bribes is laughable! sad that you are brainwashed like the trumpers were, and still are. please tell me what the difference between the two are.
we do not even need to wear collared shirts anymore in most places lol and if you are expected to dress up, chances are you're getting paid a *lot*
to be fair, a lot of that is coming from kids (high school to early 20s) without much real world experience yet. i think reddit skews younger anyway so that is a big chunk of the user base youth are inherently going to be less practical and more idealistic
yeah reddit is definitely fucked up with them brain dead communists!
what site do the normal people use if reddit is fueled by wannabe communists?
the poor become zombies and eat the rich.
or you can do what they already do and limit the amount of losses you can claim in a year and have those losses carry over. so if elon loses 20 billion dollars in stock value next year, he is only allowed to claim a small portion of that. then next year if his stock remains the same price, he can again claim a small portion of that 20 billion. then 2 years from now if his stock goes up 25 billion he can offset the rest of the 20 billion from his original losses he has not yet claimed and would pay only on the extra 5 or so billion. this is literally what we already do with realized losses. as an accountant i'm not sure why you could not conceive of doing something similar with unrealized gains and losses.
all i'm saying is depending on your state, your home value as perceived by the city, raising your property tax. i understand it is not the same, but it is an asset that has not been sold. no realized gains, but a higher tax on the asset because an entity believes the value of the asset has increased. close enough.
wow you lost your ability to speak comprehensively. it literally went down like 3 levels. well. do you think the trajectory of the dow is up or is it down lol? what was tesla's price just pre-pandemic, for example?
ok you're misleading people because you do not know what you're talking about confirmed
the last couple years. hah! since the 1970s you mean.
i do not have a facebook account so i cannot do that kind of research.
dude what? you think i’m on board with our insane spending just because i think billionaires should pay a higher proportion of taxes paid?
by the way, i have nothing but love for you guys, but your way of thinking is ridiculous. it's part of the reason why we have so many issues in our world. taxing people more who are more successful because it does not currently apply to you is just a horrible way of thinking. it's beyond selfish. the system needs to be changed, and that is not through demonizing more successful people.
would you go as far to say that we should just not even try to tax billionaires then? if a billionaire specific tax is bad, then what is good?
the current bill says nothing about taxing unrealized gains. however, you can google “biden billionaire unrealized tax” to see what is being talked about as an unrealized gains tax.
i’m in real estate. i’m talking about estate tax. i thought you were talking about what happens when your kids inherit. if they can’t cover the tax bill, they sadly have to sell. pretty sure the unrealized capital gains tax is a bogeyman, but who knows. probably nobody in america has read this entire bill.
obviously no two massive tax bills are same, especially when they come from other teams, but that is not the question at play here. the "outrageous" claim was absolutely true, and i was simply showing you evidence of that fact.
your taxes will go up over the years but i wouldn’t expect you to know what the bill has if you couldn’t even find info on your own about the outrageous claim i made which happens to be true.
> 51% of _what_? 63.5% is also a majority. the national school lunch program, as part of participation, requires schools to offer free or reduced price meals. 95% of public schools participate. the poverty level in the us for a family of 4 is defined as ,500 for 2021. you qualify for free if your family is below 130% of the poverty level, or ~. you qualify for reduced price lunch if you are under ~. the average public school lunch costs .50. reduced averages .40. i don’t see the problem here. lunches are already extremely subsidized and cheap at .50, and if you make less than ~’re guaranteed to pay less than $.40 for an entire lunch. [source for nslp and school meal programs]( [source for income eligibility](
because i’m sorry not sorry about it.
if land could vote that would matter fuck all. 31% registered dem. 25% republitard. heeeere’s your sign.
land does not vote, though. those "small areas" are high-density population centers that vote democratic.
ive seen alot of people indentifying themselves as republican but they are not the traditional republican type.no suit,no tie.sleeveless t-shirt and jorts.beer in one hand,hate in the other.real republicans see them and they go the other way.i laugh about it.most "republicans" that i know are on state sponsored health plans and dont work.theyre not repub material but sure as hell think they belong in the club.
most people in america are centrists
no it isnt, and it is weird you view the world that way. these are protections for workers from predatory employers and empowerment for consumers to more active contributors to our capitalistic economy. dont worry bud, when the single mom has more money left over from her paycheck to spend on crypto, it will make you more money in the long run.
that doesn’t even make sense... family members aren’t typically something everyone uses like a road…
he abandoned american citizens and afghani siv applicants to the taliban. also, i do not agree with the premise that we had to leave or should have left. it just makes no sense.
certainly shouldn’t use the word “smart”
he did pullout of suria without abandoning american citizens...so theres that.
middle east peace? full employment? miracle vaccines? real wage growth?
by the way, i said: you do not even know what the justice democrats is, and you've never heard of aoc or bernie sanders? where do you get your news? because that is detriment to america that all you people do not know this stuff. they literally do not take campaign contributions from corporations. they have no super pacs (legitimized by the infamous supreme court ruling citizens united v. fec 2010). justice democrats and their campaigns (not all of which are successful, of course) are funded by the actual people and voters themselves for an average of about \~, so they can vote issue-by-issue however it suits them. all this should be absolute standard stuff to any american. (and i do not even live in america.)
you do not even know what the justice democrats is, and you've never heard of aoc or bernie sanders? where do you get your news? because that is detriment to america that all you people do not know this stuff. they literally do not take campaign contributions from corporations. they have no super pacs (legitimized by the infamous supreme court ruling citizens united v. fec 2010). justice democrats and their campaigns (not all of which are successful, of course) are funded by the actual people and voters themselves for an average of about \~, so they can vote issue-by-issue however it suits them. all this should be absolute standard stuff to any american. (and i do not even live in america.)
kinda depends on what 'a lot' is. administrative assistant have to dress up, generally, but do not get paid what i would refer to as 'a lot'. but you make a good point. in my industry they were shirts...now we got t shirt and shorts fridays.
paying a 1% property tax that pays for the repairs of the roads going to your house, the community police and fire and emts, and schools is one thing. paying 20% on your home going up in value ,000 in one year, for a total of ,000 in tax liability, when you don’t have ,000 in your pocket because you haven’t sold your house is another thing altogether. it’s not just apples and oranges. it’s apples and a jagged piece of obsidian shaped like a fucked up dildo.
i fixed the one autocorrect error in my comment. can you read it now? i was saying that i can tell you are young and inexperienced because you obviously can’t imagine the stock market going down one year, and all of these billionaires having capital losses from the stocks going down, and the government taxing regular working people to pay them tax refunds. what you’re sayin go is kind of stupid if you think about a time beyond… the past year or so, isn’t it?
okay, please explain by your point. i’m obviously not understanding your financial acumen here. i’m the ceo of gamestop. how much do i pay in capital gains tax for this year? where does that come from? i guess i have to sell my gamestop? let’s say i don’t. tax doesn’t go into effect until next year. next year, stock goes back down to normal. i have “lost” 10 billion dollars. the government owes me 25% in capital losses. 2 billion dollars. who pays for that? why is my tax liability based on the speculative value of an asset i haven’t sold? why do morons think that makes sense? why don’t they know they don’t know? why do they have such strong opinions when they don’t know?
bitchute researcher here. facebook will only get you so far. try some weme to get to phd levels.
why should their portion be greater than yours? that's what i do not understand, where you find a justification to villify people.
>obviously no two massive tax bills are same, especially when they come from other teams, but that is not the question at play here. if that is the case then i'm in favor of the republicans rushing through giant bills since it will reduce my (and your) taxes. and i'm opposed to the democrats doing it since it will increase your (and my) taxes. sounds like an apples and oranges situation. "hey this bill that will increase our taxes is being rushed through congress! but do not complain about the dems doing this because the republicans rush bills that reduce our taxes and cut spending!" ima keep voting straight-line republican-increasing tax burden (now on crypto!).
>if you couldn’t even find info on your own about the outrageous claim i made it's not my job to look for that info. you're the one who made the outrageous claim, therefore the onus is on you to provide the source when challenged. >your taxes will go up over the years howso?
**[school meal programs in the united states]( >school meal programs in the united states provide school meals free of charge, or at a government-subsidized price, to u.s. students from low-income families. these free or subsidized meals have the potential to increase household food security, which can improve children's health and expand their educational opportunities. a study of a free school meal program in the united states found that providing free meals to elementary and middle school children in areas characterized by high food insecurity led to increased school thiscipline among the students. ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
i see you do not see a problem and it is not like i expect an american to do so since 2016. you can say that majority of kids have no problem getting good nutrition and it also be a gigantic problem for thousands of people. i said people in normal countries will go batshit crazy about one kid being hungry for a day. i also said that since boeing, a company that deserves to perish for their stupidity with max, got their billions, maybe there should not be even a single fucking kid being hungry. maybe more links will change my mind but big doubt.
gov before you sell: you'll never make any money from that lol. gov after you sell: i'll die if you do not gimme some
income derived from any crime and illegal activity is also taxable income fyi
they do not care either way. they just want their cut.
in sweden most banks do not even allow you to buy crypto, you are not able to make purchases in crypto exchanges and so on. but on on swedens official tax website "skatteverket" there' s a tutorial on how to pay your crypto taxes!
more reasons to just hold it and wait till you can buy stuff with it.
fuck the fed and fuck the united states government. we get taxed on income, taxed on our property, taxed on each sales transaction we make and taxed a million other ways. how in the absolute fucking hell can they fuck up the deficit with all of this pyramid scheme tax money flowing to the top? the federal government does not have our best interest in mind.
honestly the government should not have any say in crypto. the people created this, not them, they need to fuck off. fucking vultures.
in their defense, if you sold literal monopoly money you would still have to pay capital gains on it. it's very consistent.
hahahahahhaha try me after i cash all out in my retirement plan somewhere bitcoin friendly countries ! el salvador tonga japan etx
gov fucking right there and then, keep hodling
lol they create fuds so that they can buy it, now i get it.
the logic is quite clear. gov will tax everything it can. could it tax irl jokes, it would.
it's funny, because as a relatively new btc investor, i'm surprised at how relaxed i am that i would not lose any money... maybe it is because everybody else is panicking, because they are losing faith in the markets, while i basically chose btc specifically because i had no faith in the markets... it is thisplayed right along side every other asset on the charts, but i almost feel like the reality is that it is in a category of its own.
wish i could just farm my crypto in peace off grid 😵‍💫
"get your grubby hands off me, you thief!"
considering most buy high and sell low, jokes on them, it’s a loss.
great point. i should have thought of this. thanks for reminding me.
i have the same concern with accepting bitcoin tips. imagine keeping track of the cost basis of every .
if the irs wants to come after my broke ass because i do not track my crypto for their paperwork, they can go right ahead and waste their time. it'll be like squeezing satoshis out of an igpu.
i fear the day they try to come for our unrealized cap gains -- i really do not think they will, but if they do this we are all def gonna revolt .
that's real \- when cryptos reach their climax, everyone praises the benefits of the new blockchain technology \- during the bear market : the same people say cryptos are just useless
welcome to what it is like to be a business owner. literally everything government does is an impediment to running a profitable business. when you do manage to eek out a profit, they are like, "you owe us 20% of that".
i fuckin love bitcoin
bitcoin is now an institutional plaything. it's pretty much jumped the shark on the democratization of money idea. it's not currency. it's not a hedge. it's another thing on which banks can write derivatives on while gradually increasing their control of.
haven't paid any taxes on crypto, will never pay, period.
i think my tax refund dropped in price after i said i dabbled in bitcoin
to be fair, the government doesn’t give a fuck what shit you buy and sell. they just want their cut.
the government want their taxes from drug deals so...
just loan it as collateral for fiat? can't tax a loan - big brain time.
my thoughts were similar when i saw that coinbase and coinbase pro now sync up with turbotax. oh, they will do the paperwork for you to get your money.
they do not care about casino chips until you cash them out either. if you do not want to be taxed the do not convert them to usd income.
"government's view of the economy could be summed up in a few short phrases: if it moves, tax it. if it keeps moving, regulate it. and if it stops moving, subsidize it." \- ronald reagan; august 15, 1986
move to puerto rico, if you’re a u.s. citizen, for 0% cap gains .
can watching the chart 10 hours a day count as expenses lol.
yup, it would be way better to keep all my money in bitcoin and spend what i need to spend of it was not taxed like property .
i mean are they taxing the bitcoin or the fiat money you made from the bitcoin?
i just want to say that i joined this sub not too long ago and these memes are always killing me.
capital gains tax is an insane triple tax ripoff. my home country portugal does a ton of things wrong but atleast they have no crypto tax
memes are great but it is your income that is taxed. if someone paid me a billion dollars for the paper wrapper that covered my straw, they are not taxing me for having a paper wrapper from a straw but for the billion dollars i was just given.
just do not sell it, spend it! 😜
greedy fucks, if i was president, i’d do better.
gain=taxable. miss me with that tax evasion
ya'll read this in his voice.
maybe "they", we used our stimulus to buy crypto
i hate t*x season
sums up everything perfectly.
lol this make me chuckle
if bitcoin is a global commodity(not sure what term to use), what gives them the right to tax it? you could have gotten someone's dollar from colombia, england or etc.
unlike with several other things, here you have the choice to submit to governmental theft or not. choose wise. if you dont kyc it is impossible for them to know you even have btc.
ain't that that the truth
but bitcoin is life 🧬
you sold for profit? paper hands
govt: finally gives up and decides to buy bitcoin. buys bitcoin sv ‘insert epic facepalm meme’
there’s only bitcoin all hail bitcoin
would you prefer if the government taxed your bitcoins themselves as an asset?
government is a joke tho hahaha.
question i have maybe someone can answer: let’s say you buy something in a bitcoin transaction and that transaction has a value of . i never sold bitcoin for cash, instead i traded bitcoin for a good. does that mean i don’t pay taxes on that ?
if you take a dump in your hand and then sell it to your neighbor that’s taxable income even though before you sold you were just holding a load of shit.
you guys this website is great for side hustle... you get paid literally for watching ads and you can make up to 50. check it out
but you can borrow against it with no tax implications.
that is true in the us but not everywhere. and just because it is true now, doesn’t mean it will always be the case.
less gov, more power to the people
just use it as collateral and take loans against it... non taxable event right?
i would be 100% in bitcoin at all times if i could spend it without keeping track of my damn taxes .
i believe that you are now required to list every crypto currency transaction on your tax return this coming year.
how did no one bring up the cap gains tax on spending bitcoin?
two words... unrealized gains
its the same with a bunch of assets moron
that's not really exclusive to bitcoin though. any asset can be taxable income once liquidated.
if btc is a joke, then the government can tax my joke money. anybody got some change for monopoly money? i only have 500's.
everyone on here talking about fuck the government and fuck taxes. i do not even mind taxes or the government tbh. gotta have something in place to keep the peace and order right? the thing that makes me mad is how ppl with the majority of the wealth are just up at the top not paying any taxes at all. the thing that makes me mad is how the rich have rigged the system to keep us working people at the bottom. and the thing that makes me mad is that we cannot seem to figure out or implement a system where everyone pays their fair share.
lol shitty govt logic! if anything is illegal then they cant tax it in order to do that they will first have to make it legal
many ways of making this easier. for instance, you can spend only once a month when you pay off your bills.
bitcoin is treated differently depending on each individual circumstance. some countries do not tax bitcoin at all.
hypocrisy. uses bitcoin as investment to make usd gains and then complains about paying taxes. i thought the idea was to replace fiat with bitcoin. the inconvenience of paying taxes occurs because you cash out. not because you where paid for goods and services.
you sold some? have fun staying poor no-coiner.
both can be true. buttcoin does not really have any real world practical usecase except as an asset bubble, while making profit on anything is a taxable event.
it would be interesting to add bitcoin legal tender laws to the usa. they would not do it, but it would be interesting.
aren't unrealized gains taxed now? those greedy fuckers
government is clever and it is stealing from us always lol.
kyc, not your keys.
why do you think speculation on crypto is the only kind of income that should not be taxed? it already gets taxed at a lower rate than your wage, which is nonsensical.
they'll get it from my cold dead body.
texas used to sell marijuana tax stamps. when you were caught with marijuana, if you did not have a tax stamp on your baggie for the weight. you would also be fined like 6x the tax amount or something stupid like that. edit: heres a nebraska version
wait what? whos dumb enough to write taxes in that section hahah
then government should pay us tax because they are criminals.
in canada yes, this is the case.
ok but you can write off losses as long as you come out negative for the year...
lol, that is how governments work on the every level.
exactly man, and we'll have to give that to them sadly.
hell yeah! income tax but no credit for losses. , like most people i do not know how tax .
eh? i'm using nordea and have no trouble buying crypto so far...
bastards closed my account in swedbank for using crypto exchange
my bank called me (in sweden) and told me they had to cancel my transfer due to scam risks... i whiffed it off and told them yeah sure... then i transferred to revolut and then to the exchange lol.
thank god for isk! sucks not holding any real coins tho :(
this is so fucked man, these banks cannot keep looting us.
*foreign crypto exchanges. i believe binance, coinbase and the such are blocked, but swethish companies that have been verified by the financial inspection agency are okay
that's what i'm waiting for, i'm waiting for mass adoption.
also taxable i'm afraid
fuck goverments man, they cannot keep looting us like this.
i agree this country is fucking trash. paycheck taxed, groceries taxed, everything taxed, and they do not even put the price of stuff after taxes. in europe they do that i think, the price shown is the price paid. imo the only stuff that should taxed should be luxury stuff like electronics. never stuff needed to survive, like hell, what is up with that internet tax? fuck off bitch, internet is a necessity today. the affordable health care act or whatever is not fucking affordable either, i was checking their plans and they were like 300, wtf is that bro. i do not mind paying for insurance but make the price 50. fucking vultures.
why do they even need to tax us when they can just print trillions of dollars? i cannot even save money, i'm forced to buy assets like bitcoin because their printing will destroy any savings account, 401k, etc.
they do not care about crypto, they only care about income. ultimately they do not care how you make your money, but you damn well better pay the taxes on what you make, or you'll end up like al capone. you might be better off if they did care about crypto, having the gains treated like investment gains is about the cheapest way to pay the taxes on it. would you rather have it treated like ordinary income? gambling winnings?
should be treated like any other currency. sales tax would still apply for purchases, you can freely convert usd, only taxable as income if you have + in gains after converting back to usd.
exactly man, the people created 2t worth of asset without them.
the inconvenience of being taxed in this case only happened if you cashed out to make a profit in usd. the hypocrisy in here is mindbending.
and even if it´s only monopoly money they still crash down your door. only thing worse is that you can´t go to real jail on that case. they literally squeeze you into that little "jail square". it ain´t pretty i can tell you that
i mean they will take anything that you give them. anything for free.
they'll make a killing as jokes are reposted multiple times.
they do tax a comedian's income and if you are paid for a joke it is taxed.
my eyes received your joke... that is now considered a transaction... you owe me %8 of the laughs
this reminds me of that onion article of the government taxing mario coins.
absolutely fuck them man, they are the vultures eating us.
they wouldn't let you do that, they will ask for a piece.
hint: irs does not really care about those amounts
lol, yeah they are gonna want cuts from everything that you earn.
that's why we are here boys, we love bitcoin that is why.
it's being converted into something that it should not be.
sadly, and it will stay that way until or if more adoption arrives.
not selling? or not reporting?
i hope you enjoy federal prison lmao
how are you avoiding them? they take them taxes on that.
no, their cut is 0. they want your cut.
when it comes to crypto they do, because it is threatening.
then please let me sell crack peacefully then, i'll pay taxes.
these are the best stuff, and that is why i come here everyday.
the memes! yeah the memes are the best :) there's also bitcoin twitter (hashtag )
what things are wrong? if you would please :)
because the rules do not make any damn sense. i should not have to do capital gains tax reporting every time i spend .
trading coins is taxable as well.
that's what i'm waiting for, i'm waiting for mass adoption to come.
still want their cut
also taxable. how many people do not understand this is insane
yeah lol, if it comes to that then i'll vote for you man.
i did lol, i love this guy's acting and the voice. legend.
lmao, maybe they are doing that. who really knows in reality.
it sums up the governments perfectly to be honest, they work like this.
it's not anonymous and exchanges have reporting requirements
memes man, that is why i like them, they make me smile.
the us federal government taxes the global income of all american citizens even if they do not reside in the us. it's called facta and is bullshit.
yep but most people buy bitcoin on the centralised exchanges.
that's absolutely the truth, i can stand by it all day. not gonna lie.
it does not work like that lol, you got a lot of reading to do man.
foreign currency isn’t taxed. now that it’s the official currency of el salvador how is that going to work?
depends on your location on this planet. tax free after 1 yr in germany .
ok c see ssd zdddz did, 55,5,5,_
i do not mind a high tax if i can see the benefits; if i could go to the doctor, for example. but instead i pay both, and one feels like down the drain.
one of the biggest online casinos in the world holds billions in bitcoin and it’s used by gamblers each second of the day. and even if this was the only thing it did in the entire world, what you said is still wrong
sounds like you are using btc as money. which makes sense since that is a primary use case of btc.
looks like someone does not know shit and moving the lips.
buy bitcoin. borrow dollars. put dollars in alchemix. borrow more dollars. loan pays itself off. no cap gains .
no it was proposed for unrealized gains above like a billion or something though was not it?
yep someone was proposing that, i do not think it passed.
important thistinction lol, i'm liking it so far what i'm seeing.
lets just say there is a power imbalance.
apparently we have people that intelligent in the government.
it's in order to hit criminals with even more charges when they are caught.
it's just other income, you can list side hustles as an other income source of ,xxx and then the following year pay quarterly taxes. if you claim nothing but the standard deductions and do not itemize there is nothing to audit it is fine the irs are not calling the cops unless they find out you have money you are not paying taxes on or if you're dumb enough to list your specific criminal activity as your income source.
they do. it's called welfare.
not always. if you get an airdrop you pay taxes on it as income. but if you get hacked, a liquidity pool gets drained, or you lose your crypto in some way, you cannot claim the losses.
you can write off losses even if you have net gain in the year.
lol, taxation is hard, i do not understand that either.
same happening in india, they are freezing bank accounts here.
lol, maybe there are but what does that have to do with cryptocurrency?
few left, yes, but they lost their blue eyes recently
this is the first i’ve heard of even having it is taxable. what are the limits where it becomes taxable? under 1k?$? thanks.
not if it’s a world currency tho right ?
precisely. i'm self employed and have no health benefits because they are simply unattainable. i have one vehicle, live in a modest home where the bills are split and i pretty much live month to month despite working very hard and charging a premium for what i do. it's hard not to think of myself as a pawn in the game. i'm a big picture person and i'm always stepping back, looking at our way of life here in this country (and on this planet) and i say, "is this it? is this what we're going to do with our short time here?" i need bitcoin to pave the way for a better future...not just for me...but for my kids.
the millionaires buy assets that do not depreciate or the opposite, gain even more value, like houses. meanwhile we get a few bucks, try to save and then they fuck us with a dildo with inflation. all while giving banks and businesses loans, like those ppp loans that got forgiven. always bailing out the corpos and not the citizens.
i'd take it as gambling winnings all day long - those are tax free in the uk.
in canada you do not pay tax on gambling so that would be great.
not income. capital gains.
that is not how it works with other types of currency trading. if btc is a currency, should not the same rules apply?
it’s the perfect form of collateral. why tf would you ever sell?
not in the us. you get taxed for anything. converting bitcoin to any other coin is taxable as well as paying in bitcoin.
that's what they do, governments kill people who oppose them.
like fed line items in their “books”, no one is allowed to audit.
a more benevolent, citizen-serving fork is something i could get behind.
at ath, bitcoin was worth 1. some will look at this and say “awesome! 7’s to go!” and some will say “this novel currency has been overhyped to 12% of the global value of gold?!?” bitcoin and gold are equals- competitors, really, as a store of value. comparing them is useless because the total global volume is totally incomparable. you could break a troy oz into 100,000,000ths arbitrarily, as easy as a satoshi. crypto has value. i’m not a skeptic. but the market for gold and bitcoin are both *only* backed by demand. comparing them is to ignore everything that’s important about them, and to say one obsoletes the other is ignorant.
if more nations makes it legal tender, will it affect adoption?
yeah we gotta wait for the adoption, till then cannot do anything.
he probably does not live in the us. most people do not.
lol, i'm not paying either because there is no law in my country.
bro i’d watch out with that wesley snipes view, they don’t give a fuck who you are, they will take whatever they think is their cut.
3rd highest (most thieving) income tax in all of the 34 countries in europe criminally high capital gains tax high vat high taxes on cars and gas high business and payroll taxes which coupled with minimum salary increases have pushed unemployment almost to spain levels median salaries are a complete joke and cost of living is not much cheaper than here in london that's what decades of uncontested leftist rule does to a country. it seems an economic right party is at 3rd in the polls with close to 10% but unfortunately it is still far away from the soc and socdem parties which have around 30% each
you are not; you're doing capital gains tax reporting each time you have a taxable event. any time you sell bitcoin for usd is a taxable event. either find someone to sell you coffee for bitcoin directly or maintain spending money in usd.
does that mean you would have to pay double taxes to two governments? why would anyone ever work abroad then without first renouncing citizenship?
would be wise to overthink that decision dexs exist
in us they tax everything and that sucks.
i can gamble my cash just as well, without paying the 20, or whatever the cost is nowadays.
i am not staying poor, i have 2.5btc, starting from a 2k, i just do not worship the thing, since i do not see how it could benefit any legitimate business use case.
biden irs is hiring 80k new people to look for something, it could be you?
goddamit, they'll put me in jail, if i do not sell to them?
eh, maybe the cops mistake your phone for a gun.
if you resist, you might die.
it’s how they finally managed to get al capone. 11 years for 5 counts of tax evasion. mind you that was also after them trying to get 5000 counts to land for prohibition violation as well and capone actually accepted the 2 and 1.
it’s the other way around - you might not be able to prove the person is a criminal, but it’s often a lot easier to prove they got income of .
all that ends up doing is crippling lower income communities by making them depended on sucking the title of the government
seb here and i have had no problems
binance can accept sepa payments again ?
it does seem like that it works the norway, then why people complaining?
its always been. any amount
oh and that ppp loan? our small family business tried applying and could not get it.
gambling is not taxed but the crypto is? maybe that is how they work.
so, could you send it over to stake and "gamble" with it then bring it back over and say it is winnings the thus wash crypto? that sounds illegal to me but if it works it works.
i'm not sure what thistinction you're trying to make here. capital gains is a form of income, you pay the taxes on realized gains as part of your income tax. it's a very favorably taxed form of income, as it turns out. (in the usa!)
if you're a long term us hodler, the current tax structure is more favorable. currency trading profits are taxed at 60.
i’m not 100% on it, but that’s what i found when i looked for taxes when converting to and from foreign currency
there are multiple options to do this quite easily.
sure but the meme posted was when you sell bitcoin. why would you sell bitcoin if it is the future currency? if you are using it as an investment why should any profit made on that not be taxed like any other investment?
we can get rid of all its unnecessary functionality and call it "gov't lite"
if it becomes legal tender, it is more adoption man. that's what it is.
> they will take whatever **they think** is their cut. agreed then, that they will take your cut.
so many lines written and almost all of them are bullshit lmao > 3rd highest (most thieving) income tax in all of the 34 countries in europe not true > cost of living is not much cheaper than here in london not true at all > economic right party is at 3rd in the polls with close to 10% ye, that is chega who are a right wing extremists, the party is a one-man army and are considered a joke by almost everyone i agree with most the rest, still you make it sound like it is hell lmao
damn that is a lot of wrong things that government is doing.
after a quick search, it looks like you do not have to pay us taxes unless you were taxed at a lower rate where you are residing than you would be in the us. then you'd only have to pay the difference. so not really double-taxed, but possibly over-taxed.
lol what. i literally gamble with bitcoin every day just by sending between wallets. i buy bitcoin and send it immediately to the website and lose maybe 50 cents at most between the purchase and sending fees. never takes more than 5 minutes to appear on my account. i also get my winnings within 10 minutes of withdrawing, something that can take a day or even weeks for some websites to work with cash. there’s a reason online casinos are doing this, and it’s not because its not as efficient
oh honey… you think there’s no tx costs at gambling with fiat. do you also think monetary mass expansion is good for you? hfsp
if only there were a way to check what the current transaction fees are. oh look, it is 5 cents like it is been for the majority of the last 12 months. it only spikes when the network is under extreme load, and even then, you do not have to pay more if you're patient.
then why do you have bitcoin if you do not belive in it? you're either lying or making a bad investment choice having all that fiat still invested in btc...
you think a global open source network (bitcoin + lightning) that lets you send money around the globe instantly with basically no fee has no use case? a network that you do not even have to beg the banks to let you access it, you just grab the software and start building on top. and you do not think that will spark innovation and completely obliterate the established payment rails? people used the same "no use-case" argument about the internet when there was not a lot going on. i guess some people are just really bad at recognizing paradigm shifts, even if it is super obvious.
sell? tax. don't sell? believe it or not, also tax.
i have no doubts about that, they will do that easily.
do not pass go.
do not pass go
nah, they will just [kill your dog, your pregnant wife, and your teenage child and then take a selfie ](
you're so clever dude, i've never thought of my phone like that.
'they do. it's called roads.' or electricity, telephone, internet, stocked supermarkets...
y'all ruining this one person's fake story that makes it sound like bitcoin is some sort of every way villain. nothing but astroturfing on this sub ever since the dip.
no idea, i do not have enough crypto for it to be a concern.
i'm not sure how crypto is viewed in the uk right now but i wouldn't guess so. but cash, sure, if you can show evidence that it is gambling winnings then you're good.
yeah sure, but taxing it heavily does not make sense.
bitcoin isn’t viewed as a currency in the eyes of the government but an asset. it’s a form of capital gains if you make any money on it. 0% up to about ten grand short term capital gains. if you hold it for a year it’ll be 0% up to 40,000 grand
i mean you are right bro if you're just talking about the op post. but i made a comment related to it, but not linked directly to it. your comment would be better as a normal comment and not a comment to my comment. if you know what i mean. even then though. i stand by my position. government should not have any say in crypto, at all.
yeah, you got my train of thought.
literally everything i said is true and can easily be verified with a simple google search but do go on and live in denial. i honestly stopped caring and left long ago and my life is much better because of it you're the reason the country keeps voting for corrupt leftists. when an alternative comes along you sheep fall for the media narrative that they are extremists 🤡
why people keep lying here, what does that achieve them?
okay, then you know what you need to do: maintain spending money in usd.
it's definitely a good speculative investment vehicle, as it fluctuates quite a lot and i managed to sell high and buy low a fair number of times. doesn't mean i have to get in on the hype train.
what's your argument for crypto energy consumption per transaction?
but go to jail, straight to jail. do not pass go, do not collect .
lol, we'll take tax no matter what you do or do not.
this is a tax fault, not a problem with bitcoin. cheers .
whenever i get a package of plain m&ms, i make it my duty to continue the strength and robustness of the candy as a species. to this end, i hold m&m duels. taking two candies between my thumb and forefinger, i apply pressure, squeezing them together until one of them cracks and splinters. that is the “loser,” and i eat the inferior one immediately. the winner gets to go another round. i have found that, in general, the brown and red m&ms are tougher, and the newer blue ones are genetically inferior. i have hypothesized that the blue m&ms as a race cannot survive long in the intense theater of competition that is the modern candy and snack-food world. occasionally i will get a mutation, a candy that is misshapen, or pointier, or flatter than the rest. almost invariably this proves to be a weakness, but on very rare occasions it gives the candy extra strength. in this way, the species continues to adapt to its environment. when i reach the end of the pack, i am left with one m&m, the strongest of the herd. since it would make no sense to eat this one as well, i pack it neatly in an envelope and send it to m&m mars, a division of mars, inc., hackettstown, nj 17840-1503 u.s.a., along with a 3×5 card reading, “please use this m&m for breeding purposes.” this week they wrote back to thank me, and sent me a coupon for a free 1&ms. i consider this “grant money.” i have set aside the weekend for a grand tournament. from a field of hundreds, we will thiscover the true champion. there can be only one.
fun fact: he was not even a cop. just a random dude.
that has a better chance at deceiving the police ngl.
oh, i did not know the government was responsible for the thistribution of private companies. links?
it's actually a bit more complicated than "it is allowed" * swedbank denied a person to buy crypto 2019 and the bank twittered that they are "restrictive regarding crypto purchases". * seb stopped the same year transactions to the crypto market trijo here's a bunch of users, some who are allowed and some who are not. so in short and short, the biggest swethish banks seems to be restrictive and you are lucky if you actually succeeds to buy some crypto.
i've definitely been blocked on my previous bank using sepa transfers and debit card. there are other methods of transferring though. just because it works for some, does not mean it is works for all. anv vice-versa.
ah yeah. all sepa payments to binance are blocked since ~~a couple months~~ july 2021. euro and swiss banks colluding to “protect” us. anyone have a recommendation for a trade platform? etoro?
i don’t see how it makes any less sense than taxing anything else heavily. i mean, everyone here is excited about the profit they’re making when the price goes up. people trading usd against the euro pay taxes on that profit too. if it were actually used as a legal currency then taxes wouldn’t make sense, but then the price wouldn’t be so volatile either… can’t have your cake and eat it, too.
you can buy bitcoin inside a roth ira for retirement planning and avoid paying tax on gains once you reach 59.5...
yes, and it’s why i wrote “ordinary income” in the comment you replied to. that’s usually the term used to thistinguish other forms of income from the … ordinary kind. so despite the downvotes, we seem to be saying the same thing. huh.
i'm confused, they thistinguished between investment income(capital gains) and asked would someone rather it be treated as ordinary income or gambling being for ted purposes so what are you two going on about?
what would the taxes be if it was viewed as a foreign currency?
that is unless you happen to live in commiefornia.
i get what you are saying but ok, say for a second that we are in the future and crypto is the currency everyone is using. i assume there is still jobs in this future and people still make earnings selling goods and services, only paid in crypto of course. how would the government collected taxes if not using that very same currency? or are you suggesting there should be no government?
when you stop caring, the life becomes so much better.
yeah, but 2.5btc is a shitton of fiat to gamble with, especially if you belive the underlying asset has no use case.
i'll answer: the energy consumption protects the network. per transaction is not a good measure of it, since this is a final settlement network. think of the energy consumed as a barrier that protects the network.
the energy consumption of the bitcoin base layer is the same no matter if it processes any transactions and just produces empty blocks, or if the blocks are full. so it is a flawed argument. on top of that it also ignores lightning, which is bitcoins transaction layer that can theoretically scale to hundreds of tps per channel, with a channel requiring a single on-chain transaction to open and an unlimited lifetime. if you want to talk energy consumption, then you have to talk about the network as a whole and not about transactions. and then it comes basically down to the question if you think it is worth to spend energy to have bitcoin at all. i answer this question with a yes.
please officer i do not have btc, i lost that in a boating accident.
it's an old pasta, but it checks out
lol, all this big ass paragraph for silly things like that?
yeah, that’s cool and all… but what about skittles?
ok so when the winner goes a second round, has not it already been weakend from the pressure? so the fresh new mm should have a higher chance of winning.
you my good ser, are a champion... i would unironically watch this if it was a tv show or youtube series! i can picture hundreds of individually enveloped m&m's arriving at mars, inc with the card enclosed and just the m&m's leaving the staff scratching their heads wondering what the heck is going on. and sending a coupon to satisfy the child or strange individual on the other end. you are by far the greatest person i've encountered as of late. rock on.
damn, that is some plot twist that i was not expecting.
re: roads - private companies will ~generally never build a 'road to nowhere'; though they do tend to get auctioned off to private companies after the fact for monetization. re: electricity - same. re: telephone - same. re: internet - same, and also the base technologies exist. re: food - in the us, the federal govt provides massive farmer subsidies to keep farms alive during off years or to keep them afloat through import wars (see: if china federally subsidizes shipping cheap corn into the us for a couple years; many of the local farms would go out of business. china could then stop subsidizing and jack the prices; or simply stop importing. also; you can evenly replace china here with drought or insect plague. or a wet season that leads to a gross overproduction. all of these things would lead to general chaos for the consumer vs the relative 'stability' we see today on the grocery store shelves. point made i hope.
that will happen when a country goes to it as a currency then abolishes regular tax system and takes the taxes out of each transaction .
i don’t know currency laws, just investment laws
well that is the thing, in the us crypto is not a currency. it should be treated as a currency if they want to tax it. the only country doing that is el salvador. also, puerto rico (a us territory) does not even tax crypto).
because they’re all intending to commit tax fraud . xd .
i mean ot was funny, and i had a laugh at it, that is good.
idk jinjin299 it sounds pretty serious to me
just never sell your bitcoin and borrow against it.
i'd totally watch that series too, the idea sounds so cool.
it's an old copy pasta my dude
right, but it’s something i’d already written in the comment you replied to. so i wondered: what are you were trying to say that i hadn’t already said? i’m still wondering.
so if it is not a currency right now what is it? people are obviously making money trading it so then they tax it as any other asset. don't really see the issue. it sounds like you just do not like taxes. that's fine but not if you also enjoy things like infrastructure, public schools and so on.
you cannot submit new transactions that are fake and, the proof of work will clearly show that you put in the effort. and if someone fed you from the beginning a false chain of bitcoin transactions mined with low proof of work, and then you ever got wind of a valid block with way way higher proof of work, (if it followed bitcoin's rules according to your node) - then that is bitcoin. you cannot fake that proof of work. you have to have the energy, the asics, etc. and it is not the low-electricity proof of stake. proof of stake is the current fiat system in thisguise.
you've just ruined my day...
whatever it is, it is a good time pass. i'm seeing first tme.
lmao, about to say that. not the day but some minute of it.
maybe there isn’t any further clarity, and you were just repeating what i’d already written? you saw that i mentioned tax treatment being different for different kinds of income in the comment you replied to, right??
that's definitely gonna make it better, it works like this.
maybe... stop talking about him?
fuck elon, fuck anyone trying to be a bitcoin jesus
unpopular take but this is inevitable as bitcoin grows. say the ultimate theory of hyperbitcoinization comes to pass in 20 years or something. you think everyone owning bitcoin is an anarchist intellectual fighting the good fight? no... bitcoin is going to be like water to the fish that swim in it, and 99% of the people would not care about it beyond that. people buying bitcoin due to elon's tweets will come and go and cause volatility, but it is am inevitable step in the larger journey of this technology. gatekeeping will only cause your own blood pressure to go up, so i'd just make sure i got my keys in a safe place, buy the dips that result from these sudden adoptions and go with the flow. also, every newbie who comes along because of elon has a chance to evolve into a lifelong holder. in the short term it can be annoying but in the long term it will strengthen bitcoin.
stop posting about him then. the more you guys bring him up the more power he has.
there will only ever be one ruler of bitcoin. there will only ever be one satoshi nakamoto. we are all satoshi nakamoto. elon musk can go play kiss chase with craig wright as much as he wants for all i care...those guys live in their own dream world and just love to try to sucker other folks in...for their own financial gain. elon treats his employees like shit. he has a history of taking credit and placing his name as the 'inventor' for things that he has no initial involvement with. he constantly manipulates people for his own gain. he publicly calls people 'pedophiles' or other false. he calls out btc for energy use issues while selling carbon credits to some of the biggest energy consuming corporations on earth. he's a grade a legacy establishment prick and the sooner he fucks off to mars, the better.
can someone explain to me how a one-world digital currency that publicly tracks every transaction is liberating? i’ve been worrying lately that if we do get bc as the world’s currency, eventually governments will work to control it. when that happens, we’ll have far far less liberty.
no. if bitcoin is what we believe it to be, it does not matter *what* he does, or the affect he has on the market. it does not matter what *anyone* does. no one's missing the point. bitcoin does not *have* an innate purpose.
the fundamental property of bitcoin: ***no one can control it.*** it is decentralized, with a consensus method for change. it creates one block every 10 minutes, forever. the only thing anyone can do is manipulate the short term price with fud. musk has led many people to the water. if they drink it, they will have no need to play follow the leader anymore. this does not absolve musk of being an asshole, though.
lol bitcoin am not liberating shit from shat. we just wanna make money and maybe conduct local and international transactions that do not involve all the bank hassle of traditional methods
every time the exchanges go down we get a taste of just how liberated from institutions the people really are.
like him or not, he is not going away and his tweets will continue to move the market for a while. it's annoying, but that is reality. i would rather see him shilling green mining than pumping shitcoins. i'll continue to mostly tune him out.
i called elon a cunt on wall street bets sub and i got 3 or 4 pms calling me a "communist bitch" and "elons way is the capitalist way and the only way". i swear his fan boys are the worst
stop pretending that we were some community of idealists, this did not happen because of elon musk. people diverted from the true purpose of bitcoin when their main reason to buy it was to make gains. which is 99% of the people. myself included. don't get me wrong, i support what bitcoin stands for but if there were no gains to be made i wouldn't be investing in it.
lol let people invest however. you want a unregulated currency but dont want to deal with the pitfalls that come with it.
the government. pretty sure i saw an article about one mining company producing the first ofac compliant block with only kyc'd transactions in it. goes against so much bitcoin was originally about.
dude you cant have your cake and eat it too. you want as many people interested in bitcoin yet throw a fit because they heard about it from elon musk. get over it. hes brought up some valid points about bitcoin that nobody wants to thiscuss. hes allowed to have an opinion and people hold his opinion in high esteem because that guy has and is accomplishing more for society then any of you could dream of. also quit complaining about it because it does absoloutely nothing. if you have unshaken 100% faith in btc then your invested for the decade. sounds more like you actually dont have faith in the tech because you have to complain about elon causing a small drop over a tweet.
i get (and agree) all the hate against elon, but thinking if most of us were in his shoes, 99% of ua in this sub would do the same. make a billion dollars in a month by tweeting a couple things? you got it.
that just shows how flawed bitcoin is. you brag about it being decentralized and unregulated. then you cry when it is so easily manipulated
we're all here to make money. play his tweets to your advantage.
as long there are enough people believing in the purpose and buying it i don’t are about that prick. but yeah…btc is already a cash cow…
quote from neo...”the one was never meant to end anything. it’s just another system of control.”
anyone who trusts musk is a moron.
honest question - how is bitcoin supposed to "liberate" when more than 50% of it is mined in china?
this sub is full of pathetic cry babies 😂 shut the fuck up already
although i do agree with the sentiment towards elon musk, the purpose of bitcoin is to be p2p money, something that bitcoin apparently is not anymore because of the high fees
right move for the wrong reasons is still the right move.
watch bitcoin come to heel by the chinese and american government...
it does not liberate you from those things. don't be ridiculous.
who cares, besides you and the turds?
elon is only acting for his own benefits, so stop talking and acting based on his tweet, do your own research, create and grow your own influence. if tesla, spacex, and deepmind became something great, it is because of him and his people not us, so why he would care about some random people on the internet who does not even help him with any of his work. based on his act, i think he just want to play the market, play with people who have paper hands and play for the short run not the long run. if we benefited from his works then it is great, but if you got harmed then do not blame him. remember this, other big institutions did not stop the acceptance of crypto as a commodity, so i think this is their way to leverage they way in to the market. p.s. i am sorry if there is any grammatical error or wordy sentences.
people are controllable pawns. that’s why the current power structures of society exist to begin with. if they were all truly independent-minded, there wouldnt be as much thisparity in power between the elite and average people.
and ironically this is one of the reasons elon is a fan of bitcoin. i do not think he is purposely manipulating anything. i think is is simple figuring out what his business strategy should be with crypto and people are taking is normal moves waaay to seriously.
> i'm now seeing the trend of the new investors making elon musk some kind of ruler of bitcoin. where. show me your source. cause this looks like pure karma whoring to me.
most people are in bitcoin to make money. not to liberate people. that’s the sad truth as bitcoin becomes more widely accepted.
long term musk is a nothing burger. i started investing in stock back in the dot com era... we were making buckets of money week on week... but we had our own elon musk... we had allan greenspan. he would let out a cry and stocks would drop 20 30 %... then the bubble finally burst and people were left holding some companies that had nothing but a dream... that was when the dow was just cresting 10k... enough said! believe or do not, your choice, your future. investing is not for the faint of heart.
it's people doing sentiment analysis versus quantifiable analysis. if you hop in someone else's car, do not complain when they end up somewhere different from where you wanted to go. and if you do end up trading based on other's opinions, make sure they can logically and mathematically explain their reasoning. math has no alternative motive; people like musk do.
true that. isn’t the whole idea of some sort of council counter to the purpose of bitcoin.
this sub is so dramatic
as michael saylor said bitcoin is greatest invention of mankind after centuries equivalent to invention of fire or something
i thought it was created so ransomware people can collect money easier and cleaner.
how do we know musk is not really 'satoshi nakamoto'?
there is a difference between being influenced by and being controlled by
no offences but if you followed elon past years it would have payed off reaaally well
i repeat as always : cryptocoins are for the ease of use and free of taxes, it is not a stock market.
this sub has become a non-stop pep talk directed at people that are not even here.
can we please pin it to the top of twitter? this bizarre obsession with em and his grandiosely inflated not-so-nice ego is cringe.
bitcoin is a great invention and anyone can still mine and anyone can still have their own wallet however, practically 99% of people are going to use it through centralized services, keep their bitcoin in coindesks, or kraken or paypals wallet...etc... not saying 99% of the value will be there, just 99% of the people who use it also when it is like this you push a button and it turns into any other crypto, when does the btc brand mean nothing? do you change your bitcoin to al's laudra-mat coin before going there because that is all their washing machines take? when you go to buy something with crytpo will you get charged capital gains? will a defi service that takes loans against your bitcoin as you spend keep you from getting taxed? will these pseudo banks be willing to hold your btc against the loan forever in exchange of using it as investment capital or cash in on it is appreciation as an asset? pass it on forever to avoid the tax? where the hell are we headed to?
i bought into it because i want more money
let's make an elon fork. 'fork elon'
it's no different them weebs deciding to invest because some posted here about bitcoin
lmao "true purpose" of btc... thats long gone my dude if you believe btc still stands for its original purpose, you really naive...
this is why i’m worried about the mining companies creating a cartel, that centralized power is a no no, can’t happen, we need to remember who made bitcoin the power it is today, it was the poor people who held it and mined it from home for 10 years.
i’m just here for the money. i couldn’t care less what he says, as long as the price goes 🆙
it doesn’t matter, people are still sheep. baaaaa
"you're now diverted from the true purpose of bitcoin" hahahahaha bitcoin broke 100. 90%+ of all the money in bitcoin is people just investing in it to make some more usd. hardly anyone gives a fuck about the implications anymore. multiple people in this thread saying things like "it is just gambling" or "we're all here to make money". hilariously tone deaf
can we really talk about decentralisation and safe heaven assets when a single person can influence the price, hence the value of that asset, hence of that technology, in such fashion to destroy millions of dollars per tweet? bitcoins value and relevance (same as gold)in the end is a matter of social consensus. if the social consensus decides to give such power of influence to individuals, that at the same time has the sufficient power to influence on the techology as a whole then we might not be as decentralised as we think. and i am bullish on because i believe in the tech. but in the end is up to us all to decide what we do with this technology and what consensus we reach.
i’m far from been a em fan, however i do believe that if btc mining isn’t cleaned up in the long run we will see the value of our btc flatlining...ok you can begin the onslaught of abuse👍😁
its is still evolving ... there will be time crypto will take over real currency and that what nations and banks and financial institutions fear the most
guys, its just gambling. thats all you’re doing at this point
fuck tesla, buy ford evs. elon musk is a narcissistic market manipulator.
since elon musks latests tweets the only things i did were: \- insult him in one of his tweets \- unfollow him \- keep focusing on crypto
...knowing bitcoin is mainly owned by a few people😅
hahahaha the whole of bc is owned by the banks, it is already been corrupted. liberate from the people haha what bullshit.
if your truly invested in bitcoin you welcome anyone building on the bitcoin blockchain, it is how the crypto grows. it's not obligated anyone listen or pay any attention to musk! do i like tesla ? yes , do i like elon was able to manipulate people into having an effect on bitcoins price ? no, it says alot more about the minds of the people invested than it does anything else. buy the dip & be happy, or shell and sale. elon is my favorite billionaire, my views may be slightly bias.
bitcoin has already been taken over by the government, sad to say
it kills me that people can’t see how he is blatantly manipulating the market. he’s a charlatan. he’s basically the donald trump of tech and finance bros- except his inherited wealth came from much more dubious circumstances.
musk has never been more irrelevant to bitcoin than he is now. his tesla's are garbage and i would never exchange my hard earned btc for some crappy "back yard range" electric car.
bitcoin isn’t going to liberate anyone anymore. it will become the rich mans currency.
what's sadder is you and your clone drones posting the same post content ten times a day. seriously, shut the fuck up already. on your 7 year old account, a good third of your karma is from this shitpost. no one cares what you think about the matter. you're upvoted because you're reposting the same rehashed "opinion" that a group will automatically upvote. crap attempts at memes, talking about "cancelling" people,... sorry to say, mr. musk is not the "cancer", it is you assholes wasting how many man-hours each day talking shit while that man gets more done before finishing wiping his ass in the morning. he's a great, neuroatypical man. whereas you're a bunch of plebes wasting more of our time.
the elon musk hate is so weird. having a successful billionaire as a pseudo mascot is actually a great thing. not sure if the hatred is a jealousy thing or a hipster thing about being involved with bitcoin before the musk train. either way, the hate is silly and unwarranted. edit: spelling
yes, the whole idea of the bitcoin mining council is bad for the same reason. this is not what bitcoin stands for.
for the love of god, can we somehow "cancel" elon from crypto? this guy is destroying the entire space.
the majority of people unfortunately want to be governed and controlled - safety and convenience over liberty is an easier existence for those at the bottom of the pareto curve.
i cannot believe the number of people blaming musk for losing their life savings. what boneheads
add saylor to the list too. he’s a known fraudster who should not be trusted.
dogelon is the new rogerver... (i still have the hope, that he really just trolls because of sec otherwise, he is just a douchebag)
ignore the noise, run a node.
there is nothing stopping elon musk, or any billionaire from “invading” a truly decentralized currency. if you want to “stick it to the man” then retail needs to coordinate a massive dump to leave the billionaires holding the bag until they panic sell at a loss. similar to the gme frenzy, albeit that was against a short sell, but the same principle applies, organizing retail buying.
yet it is current price is unaffordable to the average person so... it's the rich people's coin. 🤔 kinda went the other way on this one.
in those people's defense, bitcoin also lost sight of all those principles the moment it was created since it does not really do anything whatsoever to achieve those goals and instead is yet another gambling vehicle for those with excess resources to gamble with.
ask him about cobalt and teslas
the true purpose of bitcoin is for china to make money. it's the only reason it is even considered somewhat successful in the first place. how else would this wildly inefficient, costly-to-transfer resource even be considered for a currency-of-funds replacement? china is currently pumping it while trying to take control of the majority of the mining.
quote from max keiser; btc is decentralized, it belongs to all of us, meaning there is no central authority. this narcisist car salesman can not handle something that is not all about him. he can not even build a single car that makes profit, he has to trade carbon credits just to float his two bit car company. hey muuusk, get over yourself narcisist sick car salesman, we are here to teach you a good lesson...you f\*\*king phyco...
you all sound like a bunch of purist cry babies.
narrator: so institutions started buying it...
just as you never know the way the market will go, so too is true with the future if coins
is it true that 97% of bitcoin is owned by 2% of the wallets?
i don’t think he’s trying to be the guy, i do think right now we need all allies we can. shits going to be shaken again and again. if you have whales that keep shaking things coordinated it’s going to be the end of crypto at some point(or at least the biggest one). the fact that there are so many attacks tells you what people know. this is a war. in digital age. we are seeing it happen and it’s only going to get worse. things have been shaken up. 2017 was just a sample. the more people can buy with confidence the better it is for the community.
business men always rule the world and elon is also doing that. making huge profits.
elon supporter here, fly elon fly!
i'm new, in for about 2 weeks and luckily i do not have twitter so i tried out this reading stuff tactic where you actually read things of substance rather then tweets. on that note any recommended reads i should check out would be greatly appreciated.
it's a good thing those people do not know about full nodes. and wouldn't even care if you told them.
trend huh. can you give one example of whatever it is you are talking about
to be fair, if you'd go for the purpose of cryptos, you wouldn't use btc, you'd use a proper coin, lol.
elon bad = comedy genius meme
says the person that bought bitcoins from a institution
what a good joke 😂🤣👍
you gonna keep crying about it?
just like you this new wave of retail investor or speculators got into bitcoin for the gainz. many will sell off. a few of them will stick around and read up on bitcoin and become lifelong hodlers or supporters. just like you.
i thought the true purpose was to make a few dollars.
mark my words, what you believe to be the true purpose of bitcoin will be destroyed, if it ever goes mainstream. i promise you.
any capitalist venture will always eventually end up under the control of a small few without strong and consistent intervention.
this is called speculation, and there is nothing wrong with it. just be careful for the herd effect.
all i care about is making more money.
it’s a gateway to adoptions...they’ll learn our secrets once on the inside
maybe his plan was to bring a green label on crypto. we will see how it plays out. i dont like him and his influence, yes. i also do not trust him. but the tweet about renewable energy mining from yesterday was interesting.
the true illusion is the idea that we control and own money and it’s worth at all.
the true purpose of bitcoin was lost long before elon.
you guys do realize its hedge funds and other institutions that caused the dip? they sold for collateral to avoid margin calls.
"yeah...fight the man" some hippie that just learned how to use reddit
it’s such a joke i said this a week ago. people who let other manipulate them this much shouldn’t invest 🤣
i suspect elon musk is toying with crypto's to boost earnings and justify tesla's overvalued stock?
he's good at business, making cars, rockets and baby names but he does not really have any link to crypto. as someone else said, we need to stop talking about him in relation to bitcoin.
but he is getting new investors interested in crypto. if anything he is exposing ppl to crypto. he has a huge following
i hope he sells. i don’t need this weird wanna be pharaoh and his council of miners making proclamations about something they don’t control. i heard willy woo (woonomic)talking about what he saw on the chain. apparently most of the sellers were new whales, so high networth individuals entering bitcoin for the first time. seems they bought in jan and took profits . since then buyers have basically been smarter retail. especially people with less than 1 btc. so i’m all for rich assholes panicking and giving us their coins at a thiscount. sell elon sell!
elon musk is a spoiled man child
most of you only ever cared about bitcoins price in fiat, anyway.
human behavior. you cannot control it. though some have tried.
elon musk is an actor. fuck him.
i still do not get the obsession the media, etc, has with elon and his tweets. they talk shit on the news, then highlight his tweets. why do they give a fuck? why do we give a fuck? you still believe in btc ? ignore the noise, do your thing yea?
stop nutriding that weirdo. guy became the richest person during the pandemic, he’s not our friend.
yet there he is, living rent free in your head. i personally don’t care how or why people get into btc.
stop telling people reasons why not to buy bitcoin. as long as they are buying it.
or maybe you idiots will finally understand why regulation is needed when one dude can fuck up your "currency". you cannot keep individuals from doing anything when there is no regulations, moron.
love space x and everything but he can really fuck off with the tweets. not because of the price but for this exact reason.
facts elon a larp
silly monkeys ^-^ think for yourself
you guys are starting to act like a cult. its supposed to be used whatever way people want. fuck out of here.
maybe his big plan will land him with everyone hating him and a divorce for his family just like other billionaire gates
what's really sad is that it got you so heated you felt the need to make a reddit post about it
once it was john mcafee
if you all "believed" in bitcoin you wouldn't need to be "investing" in it. bitcoin is already around. find a use for it if it is so great. but no, you all just want to make (fiat) money from bitcoin.
i believe elon is being pressured... wouldn't surprise me...
just filtering out paper hands.
...and you own op is somehow irreverent, and doesnt validate his relevance?? 🤔🤔 just like the media and trump, the fixation on him *creates* the very tension that you are upset about. he loses his power only when you stop insisting how (un)newsworthy he is.
are we really seeking elon's approval for the future success of bitcoin? if energy consumption does not meet tesla owner's approval then what? what if elon tweets about how other cryptos are more effecient than btc (because lets face it, some are) then what? if elon jumps ship due to energy consumption issues then btc becomes what? this whole situation is just going to highlight the ineffectiveness of btc, when its mostly an assest class anyways. i smell a thisaster coming for btc in the mid term. sorry if this does not fit the subreddit narrative. just trying to be non biased
read the comment sections of any of these types of posts warning us to beware making musk our super-kami-guru and you quickly see that the vast majority are in complete agreement. i've never seen so much preaching to the choir in my life. who are these mythical reddit users that are in thisagreement with us? same goes for panic selling... everyone in the comments just talks about panic buying or holding on for dear life. who are these mythical panic sellers on reddit?
lol you guys are hilarious
everyone is a indvidual including you.
the only posts i see about elon around here are ones like this. so you are effectively keeping his name on people's minds with this non-sense. the true purpose of bitcoin cannot be diverted by a man, so just stop talking about him already.
isnt he now a bitcoin villain ?
i think the media companies are doing this, his followers make it believable.
bitcoin will never be what it was made to be
stop making 1 billion posts about elon musk, this post has been made like 10 times a day over the last few weeks. just written a little different.
more like you are a pawn subject to elon’s bitcoin futures market manipulation!
i think its fine for some to be into the technology and idea and some to be just purely into the investment of making money. i do not see this as a problem.
who care if people like snl rocket man. e coins popular before rocket man. e coins popular after rocket man. one day everyone old and dead and new people run world. who care.
i hate elon musks involvement so much. i wish he would just sell and go away.
people invest for money elon haters are as cringey and retarded as elon stans
just one thing: you do not invest in bitcoin, you gamble with it. see you, anyway. flys away
cryptocurrency is like a plantation. waves of harvesting.
elon is a simp cuck who cant read women. he apparently dose not understand the concept of birth control either. he has shady business practice yet we adore him for shooting rockets into space with his paypal money!
okay so i am the new user of bitcoin, recently my friend sent me , i was surprised how we had no banks involved, used literally cash to transact miles away, he got a paper wallet which has qr code- which i scanned with my phone and i got the money in few seconds. while the transaction i had to wait for confirmations ( which were done by people like you and me) the whole process amused me, now i am a firm believer in bitcoin. i never cashed those .
no one is doing this. i have no idea what you are talking about. stop making a daily post about elon musk. the dude just offered his (incredibly wrong) take on crypto, you guys are the ones trying to give him power or some weird shit.
it doesn’t matter. people come for the gravy they stay for the cheese. yes. i’m talking about poutine.
fuck felon musk! we’ve been played...
let’s short tesla and microstrategy
well. with the salty responses of old crypto investors and selfishness of so called veterans of crypto, i would welcome to have some new authority here.
people always need someone to follow and blame if anything fails.
that is not why bitcoin was invented lmao
👏👏👏👏 🎯 you nailed it man!!
elon’s the 2021 john mcafee. ifykyk
government control? oh you mean like taxes and regulation...
i actually started investing a little due to my sister, and a couple of my friends who are into crypto. i noticed elon talking about it shortly after and thought it was cool for about 5 min. then it became abundantly clear ţo me at least that he is manipulating the market for his own benefit or the benefit of those he knows. now i personally wish he would just shut his freaking mouth and leave crypto well enough alone.
unfortunately that is human nature... looking for a hero to save them... sadly bitcoin has become the monster of the very problems in finance it was trying to slove
"don't listen to what that person says about how you should view bitcoin, listen to what this person says."
you really though rich investor gonna put their money on bitcoin... lol ... soon as you started to call mining --when reality typing on keyboard --u lost potential investors... yeah the young ones are the ones looking for a gamble platform, elon musk is achieved individual -- if he backs people will follow... now if u'll decide to file bankruptcy as investors you want us to take the so called "minners " lol computers and sell it on flee market and get reimbursed 😄😄
i thought bitcoin was to buy things in different countries without dealing with exchange rates
the new generations should never be more naive than the old ones. unfortunately, the opposite seems to be true at the moment. at some junction they made the wrong turn and the only thing that will save them now is to get their maps fast and check where they made that mistake. otherwise, their elon-gps will soon get them to their final destination in the middle of some random lake.
"your a slave to the system working jobs that you hate, for the shit you dont need, its to bad the world is based on greed"
bitcoin has no king. newbies of bitcoin need to understand this fundamental of consensus.
any billionaire is not your friend. i wish people would understand this already.
hey look on the bright side bitcoin is in plain sight and true hodlers know the real value so let us keep raising the bar we need the negativity just dont give in let it fuel you besides by the dip forward ever
let's go for stopelon coin
you really have no idea what is going on do you?
i agree with your point here. however is not the greater danger to crypto that of btc's market dominance? because of this dominance, btc's price swings control every other coin's price, too. we want people to invest in crypto because of the use cases, but it is become apparent that btc's use case as a store of wealth is problematic. as long as btc's price still correlates with the rest of the market, crypto will always be controlled through centralization of fiat by institutions and governments.
bitcoin is a decentralized digital currency
protect us from false prophets!
everyone has incentive. find yours and challenge others’.
fuck elon musk all my homies hate elon musk. hope he trips on a mars rock and shatters his fuckin helmet first step off his stupid rocket
why hate on elon tho? he’s been a supporter of crypto...and he’s a billionaire. and possibly an alien. cut the guy some slack he’s just trying to fit in lol
these people think bitcoin is going to 500k in 3 days and they’re all gonna be rich within a week
musk sucks! short tesla
gatingkeeping bitcoin seems anti-bitcoin
billionaires literally are as rich as they are from this exact ability to warp the reality around people. this is why they are narcissists and we're all living with stockholm syndrome in a world they created for us. now, social media is weaponizing narcissism at a mass scale "mass bifurcation of reality": war on sensemaking: darkhorse podcast with tristan harris & bret weinstein (social dilemma) [ how to allow for chaos: [
spot on. and the mining centralization being organized right in front of us. this is not what cryptocurrency is about. still, economics of scale was always going to lead to mining centralization, i am just surprised is being organised in the open, for now.
bitcoin itself is very "governmental" as it literally controls the price of most other crypto currencies. also having 65% of bitcoin mined in china already means it is controlled by large institutions and governing individuals. thus, bitcoin had already failed to maintain it is purpose of being a decentralized currency even before musk started showing interest.
elon wasn’t part of the crypto scene until very recently. he pops in out of nowhere, tweets a few things, and then people say he’s the father of crypto. no... just no. he’s one of the richest people on earth, but he doesn’t even know how most of it works. tbh there are 0 reasons to listen to elon about crypto, unless he’s talking about tesla buying it.
bitcoin and all crypto is being exploited through large institutions and hedge funds through pump and dumps. elon isn’t no crypto ruler or anything, there are larger players that control the price movement through massive amounts of money coming in and out
thats what happens when a socially akward guy gets to much money and power
generally do not give someone this power over your decisions. when it comes to investing most advice is out of self interest, especially advice that is not general strategy but "buy this" or "sell that"
another day another post about elon musk with bitcoin. remember, the price is down because those so-called bitcoiners or whatever, are selling bitcoins, not because of elon or his tweets.
i did buy more bitcoin because of elons tweet. well if you believe that he started the crash anyways.
there was once this guy named roger ver...
i'm sure if we were in his position we'd probably do some sketchy business moves. hell i'd do some sketchy things for the !! lol...😓😭🙃
i thinks it is a grand illusion. people do not buy because of what elon says, they buy because they think people will buy because of what elon says.
these dips are getting rid of these “get rich quick” investors, aka elon cults - let’s stay focus and let the whales eat up the little bit of investment they made. and don’t forget tesla has lost billions not only in crypto but public stock too.
he provided free advertising so he is owed now
well people believed he made an enviro friendly vehicle. not just him, all the big auto giants. i have been in mining for 15 years. how they extract lithium is taking us back 100 years. and never mind mining it, refining it also kicks the shit out the environment. the smart people in lab coats figure 2.5 to 3 tons of carbon are pumped into the air before you even turn those bad boys on.
bitcoin is not only investment but also a concept.
2020 saw the rise is new investors making really dumb decisions. you have a combination of people working from home, got laid off in march, and the influx from the stimulus checks who thought "hey, this is the perfect time to start investing!" they all started investing in march, april, and may, and then the markets recovered. instantly all these new investors "figured out how to day!!!" they all continue to make bad practices because they learned them in 2020. 2021 and 2022 is going to be a lot of harsh lessons for new traders in 2020.
ban any post that says elon. this is so fucking annoying. shut up about him
i do not think that is neccsarily true. for many elon is much more acting as a socialization agent in a sense and though he is an imperfect one it does at least get people in to the community and to thiscuss with other people who can themselves act as socialization agents. bitcoin already has a mix of people with different values both those who view it as more like a stock and focus on hodl as well as those more interested in other things about it such as technology behind it and currency or potentiol behind it as well as those who are a good mix of both. this is how ideas start emerging from those weird mix of semiconflicting ideas because that is what often makes society when we start thinking about those ideas and how to impliment them in new ways.
you’re an idiot stop acting like the average person is capable of understanding what’s good for them.
michael saylor is the jester here
who? never heard of him.
that was never the purpose of bit coin and you know it. bit coin was created to centralize control of finance under the aristocratic families of the west.
unfortunately, this is what decentralization looks like. sufficiently large players being to centralize power. elon, china, the fed. at least he is one of an increasing number of highly influential bitcoiners.
while i agree to a point, a lot of people are in the game because someone tweeted or whatever, the thing is btc needs to be able to survive tweets by anyone, president of united states, musk, china leaders or whatever, if it can’t then it’s not what we’ve been looking for.
musk os the goat fuck yall
decision to buy or sell bitcoin because of the few tweets or because somebody said something whatever whoever you probably should not be in this in the first place. sure you can hear about btc from somebody but then you have to do your own research and make your own decisions.
i want to get into bitcoins but i don’t know anything about it
i 100% agree. elon's tweets and the weight they carry are harming the crypto space altogether. if he truly cared about it, he would stop tweeting!
no idea why anyone cares what he says...not just on crypto or bitcoin but when he says anything about any subject it seems loads of people suddenly start to listen...it’s bizarre 🤔🥱
... the problem with this ever being a thing is that bitcoin, and other cryptocurrencies have no inherent value. they will always be valued based solely on what people are willing to spend on it. this means they will always be tied to traditional forms of currency, and that people with money and influence will always be able to manipulate it. pump and dump is going to be a feature... musk is more memetastic than most, but he is a symptom of the larger reality. the wealthy and powerful already have all the control over crypto that they want, simply because of their wealth.
im in crypto cuz im no bludo
elon isnt real. he cant hurt you
"wah wah, your usage is invalid" talk about elitism. the point of bitcoin is that nobody can tell you why or how to use it, if people want to invest because of elon, they are allowed to do that.
bitcoin has no hope to liberate people from people who have enough power to manipulate markets. part of the entire banking system regulations are to maintain price stability and prevent market manipulation (other than by the fed itself , which is a representative oligopoly of bankers) of fiat money . no such system has been designed around bitcoin to prevent pump and dump, hoarding, speculation, rampant deflation, pyramid schemes, or many of the other issues you can get when trading commodities. it is sheer naietivity on the part of the faithful to think that bitcoin will solve any of these problems.
we should have learned from the last us presidency to not give in to tweets.
bitcoin needs to put elon on his ass...
tired of hearing about that ass clown.
in my opinion elon has revealed the one true "flaw" with crypto currency. its volitility is easily trigger by to the media or frankly the open opinions of the 1%.
humans are literally like the minions.
sure. but trading on his tweets has proved to be a way to make a quick buck.
i mean i've been following elon since before i invested in bitcoin. and i invested in bitcoin in 2017. elon was the reason i invested in the dog coin. i know some of you hate that but it is the truth i follow that man because my stocks that i invested with him years ago are up over a thousand percent that is not an exaggeration
as long as people are making money they will follow elon off a cliff. reality is they elon will not be falling with them. manipulation.
i thought the purpose of bitcoin was to make money by gambling and hyping it up like this generic post.
i thought the true purpose of bitcoin was lambos.
if btc continues to increase its value miners will become the new institutions.
musk is in my view just another lying sleazeball billionaire...
can we get this op the nobel peace prize bcuz they are a gotdarn genius. period.
bitcoin is only as popular as this today because it was first on the scene. it will be surpassed one day to true defi
how about stfu about him. your as bad as trumps haters they just never stfu
but what about gamestop? that was okay?
people will invest for many reasons that is the beauty of free market
seriously if people are buying bitcoin because of him so what?? bitcoin had many purposes... government liberation was just one. we are already past the control bit... cannot buy in certain states... irs taxing at every turn etc. id tied to purchase... if you want to get on a soapbox get on one of those. otherwise elon is least of anyone's worries. someone is always going to be talking somewhere... about something.
imho i have long end game. doesn’t mat r what elon tweets beets the feets or his meats ize be hodlin! of course i have notty tweets setup for him shit some ppl prolly makin bank from his tweets. to me it’s all fun and games. now if you’re losing money bc of china or elon then that’s your own dumbass fault. i’m a big follower in elon and of course i listen to what he says... but i don’t let the ol emotions get involved. either way you do that it’s gonna fûck your short or long game...
elon musk is only welcome as a silent average human.
this is why i love satoshi for not making bitcoin about him.
awe, is someone mad that they aren’t buying for the reasons you are? 😥😥😥 poor guy.
don't lie to yourselves. you're not using bitcoin to liberate the world of real currencies. you're using it as a get-rich-quick-scheme for real world currencies.
stop wasting your time pretend-worrying about those easily manipulated by propaganda. those people do not matter. they're fodder, pets. they do not care and never will about "true purpose", whatever the fuck that even means. you're not "sad", your pissed because you did not realize how many stupid people can be manipulated, and how many of those idiots we have been begging to buy bitcoin for a decade. you're pissed because bitcoin is not mooning like you think it should, or expected it to do.
i’m just ready to stop seeing his name everywhere.
you think crypto is going to somehow free you? free yourself from institutions? try voting for sane people.
bitcoiners should reject this council that was created to please elon
owned bitcoin since 2013, been mining since 2015. i personally couldn’t give two shits about the meme-junkie elon investors and neither should you. they are nothing more than a frothy thistraction to the trajectory for which bitcoin has always been destined. anyone who is seriously concerned that any one person, you should take a look in the mirror and ask yourself, do you really understand what this is? or are you just a part of the froth
so true. we are bigger than elon musk
you’re a slave to elon i don’t even think about him
i say this so much... if you think elon is controlling the market you need to take off the tin foil hat
what is it based on really?
i think someone should make an altcoin that is based on 'proof of tweet'.
he’s just trying to sell his battery power, and in the works, solar power to mine bitcoin. makes sense.
he actually wants to set up a council of miners right? trying to take control of the whole thing to sink it
beating a dead horse are we
even you making this post is on his dick just get off the damn thing
**stop the elon musk hate**
never forget, his family made their fortune off of ruby mining in south africa during the apartheid era.
elon is either a child who says stupid things or he is one of the evil businessmen who manipulated the market to buy the dip.
i mean... theres no denying that the guy’s tweets directly affects the price of bitcoin as much as i hate admitting it. so a smart person would take advantage of this.
right then peeps, i am new to trading not a newbie but new. surely the idea here is to work out what the masses (human emotion driven traders) are going to do because of the likes of elon musk, he is not the only one. then you should decide to either pick up the pieces, if your late to the party, grin excessively if you worked it out before the move happens. or bet against them and take their money from them they have left on the table. ' you cannot change society giants commenting, you cant stop human emotion. just ride the waves. also some (most) btc traders do it for the money not the decentralization ideology, this is left to the bitcoin investors, the hodlers. again human emotion, given a choice of investing and learning about blockchain and its benefits to the world versus trade your money and take your profits no learning of the assets. greed kicks in and most would opt for the latter. ' sad but true the old term "knowledge is power" is over shadowed by "money talks" .
i am just going to press downvote and move on, op.
mods ban his name mf
just another greedy rich man. money is never enough and enough money converts to control and power. people make him powerful. he only tweets things for his puppets to make him happy in control
who is elon musk again? oh that guy 😂 we dont care about his opinion
can you buy pizza with btc? more importantly: would you be stupid enough to buy pizza when btc value shoots up 3x every year as 21 million btc ever to be mined limit approaches?
i feel like you need to zoom out and reevaluate
daily moves are probably traders. i hate people like him. reminds me of carl icahn in stocks. total manipulator. great if you held onto some beaten down stock, but be careful because he announces after a buy, but in the us there is no obligation to announce before selling
there are a few people that hold a significant amount of bitcoin. control over money is power. we will still be subject to these powers.
for a currency that is actually used in the modern human slave trade, you realize the irony?
oh liberation you say? because i thought it was for terrorists, human traffickers etc to get paid without a paper trail… thanks for clearing that up.
who gives a fu** about btc porpuse? the majority of people just want to make money (usd) using btc. so, btc will only be healthy if someday, people stops to use btc as a meaning of getting rich and starts using it to do what it was designed to do.
idk maybe just me but when he touted bitcoin could be used to buy teslas and then backtracked from that it should be one of the biggest memes of elons history.
well, its simple what does he own? crash his markets, i mean look if we want the coins to have the power, you have to move as a community and show that this is our currency not theirs to toy with. punish one to warn 1000's. as it stands crypto is about the only way out of another great depression... elon tusk was cooler anyways, he knew his place in the room.
he is trying to thistract amc and gme they really think people is that stupid if elon want to get you dum asses rich he would have done so years ago. stop behaving like ants we are apes wise up rich mf stick together.
elon is an idiot but he does have some points that need investigating & regulation. if bitcoin is so bad for the environment mmkay, eats coal for breakfast and 7 year old chinese boys wearing nothing but pink girls flip flops mine for it then why in the world is it pegged to the price action of non mineable tokens. so called clean tree hugging tokens. these centralized exchanges need a good ass whipping
elon controls price now sadly
well said mate and very true, kudos saying out loud.
elon musk is just parroting the ccp narritive. the ccp sees bitcoin as a threat to their digital yuan. the ccp has him in their pockets and is using himas their pawn against the west , i say fuck elon musk for using united states to grow his platform here and then selling out to china. sure china is a country that is important. but if you do your due your due diligence you will see that elon in the past year or two has been praising the chinese communist parties lies and are using him as a weapon against united states. without getting into to much detail, and me just being lazy . you will have to due as they say in stocks . your due diligence , your homework, as to why hes acting this way and make up your own mind and see him as a fuck twat and being played for a fool. and i remember reading a few weeks ago that he was planning on a visit to taiwan ? his cars rely on microchips that tsmc is the best at ? hmmm yeah so im just guessing elon is getting played by china to try and re unite taiwan not by force but by elon musk and the tsmc microprocessor chips. seems like a petty move, but something that the ccp would do. but what do i know,, thats my opinion and i believe it has merit
chillax, he’s helping to propel a monetary revolution. which ambassador or talent agency was running the marketing department for crypto before him. oh ya it was you... 🚀🐕🌙
bitcoin’s purpose is to be a tool for transactions and
it's kind of ironic really
every day we stray farther from the truth.
when i invested in btc i never gave a f about what elon is doing, the government control or any funny things like that.
a psychological hard fork.
bitcoin itself is jesus, we dont need a human form! ' hail bitcoin!
there is always some asshat every bull run. last bull run it was mcafee who gave unrealistic predictions and promoted shitcoins and now it’s elon. person changes but it’s the same game.
as someone in the solar industry for 7 years now, i can indeed say that elon is an idiot. just because he has boatloads of money does not make him smart. america has a problem where we think that if someone has a ton of money, they must be some sort of demigod.
elon isn’t going to save you fools.
you forgot "and you're a fucking idiot"
elon's a big dork.
welcome what happens when the brainwashed masses are told to care. same deal different year. also, fuck elon quite honestly.
i wish bitcoin had a brain that worked these fools out, swallowed their riches then returned power to normal.
he is one of bogdanoff twins
elon aside, serious question from a casual investor, how would bitcoin liberate people out of individual institutions and government control if 40% of the bitcoin mined is owned by only 1000 whales?
don’t think you should be the one to tell people why they should invest. if that’s their reasoning so be it.
who even cares bout stupid elon
if your in it because of elon i would prefer if you just sold now because as soon as elon changes his mind you will just sell anyway because you don’t believe in it. your just in it for a quick buck and you will mostly likely lose money.
i wish satoshi would come back one last time with the message "fuck elon".
if you "invest" in bitcoin at all you are diverted from the true purpose. it's currency, not an investment. it's all hodling and lambos and moon rockets these days, nobody it seems cares about actually using the technology.
fuck elon musk, and fuck his rube supporters. fucking clowns
i bought bitcoin cuz i do not like governments melting on my stuff
if elon was this great messiah then why the fuck did we all put our faith into bitcoin far before him? he is jumping on the bandwagon to make quick money. can’t blame him but get the fuck out of here.
i’d like to see him rule any hodlers, diamond hands and true bitcoin belivers
this was what we were expecting right? elon starts talking shit about bitcoin because it doesn’t have a company behind it that he can buy meaning he can’t control bitcoin. now we expected him to start exploring ideas to start mining green bitcoin to gain a strong position in the pow of bitcoin, ultimately making him one of the giant players in bitcoin. now surprise surprise, yesterday he tweeted to do exactly so.
in my country (argentina) they are already elon's bitches. i checked the bitcoin groups and they just can´t stop sucking their dick to a level that make it believe that elon will make them rich as him. f\*king delusional! i need to escape from this shitbox
let them come, with their lettuce hands, they will sell at the first sight of a red candle and we’ll buy their cheap coins :)
muzzle musk!!! egomaniac does far more worse than good
fairly recently took the plunge to start investing in crypto. previously thought elon was one of the more level-headed, un-bastardly of the billionaire superceos...if anything, his attitudes towards crypto have only had the opposite effect
actually i got into bitcoin despite of goons like elon
who cares. fuck them. just hodl
throw him in jail
hes trying to kill crypto for some reason it seems
elon musk = john mcaffe of 2021
bitcoin is the move give it time. it may consume alot of energy but it is drastically less then other sources. though i think in the future less energy well be used to maintain bitcoin all about time🛸
screw musk but lol at your definitions of liberation and control
elon shit talks btc btw, he’s not praising it. he is a socio who wants credit for everything though so maybe you’re onto something
word. it's just sad seeing all those bandwagons move away from bitcoin because of elon musk. :( i'll stay firm and continue buying bitcoins thru my netcoins account. i know someday bitcoin will rise again and we will have the last laugh.
it makes sense to invest some time after elon tweets
its a shame that he knows how to use memes in such a way that people somehow take him seriously and he is more down to earth to the nebs. i dunno makes me sad to see elon musk making the market his own plaything. people are dumb :(
only idiots follow that deep state cabal freak!!!
yes. limit government control for the wealthy. i get it now.
how is it that no one sees what he is doing? he bought btc with tesla money in q1, shilled btc to pump the price, sold btc so tesla could turn a profit (which they wouldn't have done otherwise), then he shits on btc to tank the price so he can repeat the process. there's no way he did not buy more btc last week to start over. he's literally manipulating the market to help tesla turn a profit. do people really think elon looked through the yellow pages and called all the miners to ask them about sustainability? i do not understand why this is not a more common realization. his credibility should have been destroyed after snl when he shared incorrect information about the one coin he shilled more than any other. if i'm wrong or sound crazy please tell me but something tells me elon is just this bull runs john mcafee.
imagine riding the dick of a manipulative 1%er and loving it because you can make tons of retarded internet points off him
who the fuck is elon musk and why do people keep talking about tweeters
do as i am doing, make infographics to share with dumbasses, keep it short sweet (kiss)
elon is a shit cone i do not like him anymore. still, i’m buying a tesla and a lambo 😂😂😂😂
i wholeheartedly agree. however the fact that elon musk can affect the market so much as well as not enough education and the exposure shitcoins are getting recently isn’t helping atm.
for a guy who is suppose to be green, his spacex rockets are not. the toxic chemicals that his rockets put out when they launch and no one is talking about that.
i invested a while ago because it’s fun and an easy way to make money off cult members who think they are leading a revolution against the banking system.
just f$&? that guy! ignore him that’s the best punishment for an egomaniac
for some reason my brain checks my love of elon with moments like “*pedo-guy*”.
the guy founded paypal...whose the rival thought leader? richard heart?
this is some, like really this is some
we as the crypto never saw ellon as a crypto godgod he is another whale remember alon is businesmanbusinessman he only looking for profit. he alon. call him alonalon from now
relax, the most influential person on earth today , for sure in high tech , a person that is free from institutions so he can say what he really thinks you invite him to your project and he has "opinions" just like anyone with a brain does, so when he express that he is the devil 👿 now that instead of only complaining he decided to take some action you complain like a child if you really believe bitcoin is the as great as you think btc should gain strength from elon joining , otherwise you found out btc weakness . influential ppl joining and talking shit is enough to desesrabilize it. not that great is not it.
fuck elon musk, i shit on him, his mom, his dad, his son, his wife, his slaves, his company, fuck you elon musk, eat shit and die already fucking fraud musk
reminds me of john mcafee back in 2017. look what happened to him. musk is going to get into some serious shit for what he is doing one of these days. he's pissing off pretty much everyone at this point. i used to like the guy but he is turning into a monster.
and also ppl gotta remember everyone including you and i have everyday problems. ffs the man supposedly has ashburger... which is a form of autism... high functioning... nobody’s perfect but i musk say the man is a modern day iron man
random thoughts on this: liddlemusky rules a bunch of sycophants. these people see dollar signs and convince themselves they will turn . they cry entering month 4, or sell at a loss after a 20% retrace. these same douchnozzles, keep all their btc on exchanges and do not know what a node is. so, imo, the presense of these remora are completely neutral. if some infini-tards want to buy liddlemusky's shitcoin carbon credits (what this whole thing is about for him) then these miners will get smoked by ones who dont gaf about paying musky for permission to use electricity. a home mining operation, incidentally, uses less,power than driving an ev. my 6 gpu rig ate 20kw. full charge on an ev is about 30. musky should sign a pledge swearing that none of his charging stations will use coal power, or he needs to buy the carbon shitcoins from himself to offset his operation.
bitcoin can never liberate people. no government is going to do away with money. bitcoin is a lost cause with the last few maximalists believing in it. come out of your limbo and embrace other crypto projects.
exactly he made less than 10 tweets altogether about bitcoin. everything else is people interpreting them and creating stories out of them ... it is like shamans writing a thick holy books based on 3 lightning strikes and an eclipse.
i wish crypto subreddits would ban talking about him... it would be so great.
my reddit feed is now flooded with so many riled up crypto nerds telling me what to do. a: “ i’m noticing this trend and i’m all flustered inside!😭” b: “and i’m noticing this trend! and you should and shouldn’t be doing ____😭” you’re not zygnor the all-knowing crypto king. stop the walter cronkite posts. we know what’s going on with the market.
they will all go away during crypto winter and never be heard of again just have some patients. edit: leaving spelling error because sub comment made me laugh.
a lot of people aren’t aware he’s a complete dipshit that loves to manipulate the market, especially newcomers.
as much as i never liked that twat, the only way bitcoin stays true is grassroots education. you and i know he is a twat trying to invade, but eventually the masses will outweigh the true believers if we do not keep growing with adoption.
exactly, i’ve seen multiple posts with this exact sentiment in the past week or 2... why don’t we just not make every post about him.
about time someone said this. done
if only the mods would step in and remove. people can get those articles online if it interests them.
this attitude is some peak r. "yeah, if we all just hold hands and pretend like he is not manipulating the entire market, he will just go away!"
agree. it’s the media and their fear machine. i wish he would stop tweeting
agree, but it would not help. the media already reports on his crypto tweets as if they are the grail so, sorry, he is now an economic indicator. i expect he is being set up for a fall. sec would love to wreck him.
the guy is a fraud
true. it’s even sadder that he seems to actually has that power which we somehow handed it to him. it’s sarcastic that bitcoin is free from banks but controlled by someone’s tweet instead.
but it doesn’t matter if you decide to talk about him or not, the problem is that he talks too much. he knows he has a lot of sheep followers and he’s abusing his power. it’s very unfortunate seeing the swings that are happening whenever he opens his mouth.
i don’t think that’s a good idea. we should talk about him to warn others about his true motives toward crypto and spread the real message of crypto.
lol. racism is bad... maybe never talk about it? why is the default solution to pull wool over eyes? if people did not want to talk about it, this would be on the front page everyday.
that worked for thiscrimination. remember when things got got better because people just stopped talking about it and then everyone was like ohhhh good job let’s stop thiscrimination now.
bitcoin jesus, i’m not saying he wasn’t a good person, i just don’t believe he is the literal son of bitcoin.
lol is elon the new roger ver?
elon acting ver-ey suspicious lately.
jumping on the bandwagon is very lucrative for him, hopefully the wheels will fall off soon
weather you all agree or not . this situation is caused by most of you early bitcoin adopters who already made big cash off crypto . you always hate on smaller coins thereby making them to look for acknowledgment from any popular person … there you have mr musk now !
is the position of bitcoin noah still available? because i see an investment wave coming
fuck anyone who tries to follow a bitcoin jesus.
what about korean jesus?
just wait till satoshi comes back
i think he is just trying to be jesus. not limiting it to bitcoin.
funny how the religion is brought up quickly, but always from the haters. you are putting him on a pedestal with that. is that what you want?
underrated elon comment of the day. let's be honest billionaires buying btc is good for our pockets, even though we all hate the status quo joining our side it is inevitable. also he is an adult he can do what he wants, the hate for the man is somewhat unfounded. he's still holding billion dollars or more worth of btc and was even talking about running a node in the past. if we get past this green energy pr bullshit some obviously powerful entities pushed as a narrative for their own gain or to try and hurt his company, he is probably more on our side than most. i do not think he is the greatest guy in the world or anything but this move obviously came from sources outside of his control, you cannot be a green energy car company have an image that you do not care if btc hurts the environment. we can assume elon does not give a d fuck and would rather have btc but his hands are tied. also everyone freaking out and selling has no clue what the fuck is going on. that's not anyone's fault but their own, but remember we were all beginners to the space once. even experts still let fomo amd fud get to them sometimes let alone noobs
seriously. there are way more posts like this than posts in favor of him.
someone needed to say this and i'm glad they did.
you nailed it. do others think he will be a billionaire with a "clean hands"? this elon guy is no different to other old sharks. they were caught offguard in crypto, now they are doing everything and anything to get their hands on it. the only thing we can do is not to give in.
elon musk should be in prison
*i* am satoshi nakamoto.
>there will only ever be one ruler of bitcoin. and elon can fight me for it if he really wants to.
you would hate satoshi if he was not anonymous.
check out this video, debunking elon musk:
think the simple reality is that once something becomes valuable enough, "government" is inevitable.
and yet we should resist attempts toward centralization. creating a council of miners, regardless of a motive, is a centralizing move. i'm for their goal of better energy mix reporting, but putting a couple billionaires in a position of power with decentralized miners reporting to them is not the best look and could be detrimental in the future. those who have profited enormously from the fiat world are less likely to appreciate the censorship resistance properties that give bitcoin it is value.
it does have an impact because this will make people stay away from bitcoin, why? because human is dumb.
based on the recent btc pr it truly seems btc is not what we believed it to be. it has become apparent (imo) that btc and alt coins are an attempt toward a new digital currency market. not the end all to the fed, but one that will by controlled by cb’s, and those who can borrow directly from the cb’s through their self-glorified tweets, twats, and toots!
ah shame, you called someone names and you got called names back. boo hoo.
so many fiat shills in this sub. that's how you know you are over the target.
haha exactly! why are these people complaining about a single influential person when the currency is already 65% controlled.
bitcoin has been making me money since 2013 without elon.
just learned what a cash cow is. thank you!
anyone who holds him up in any way is a moron.
anyone who trusts bitcoin to stay decentralized and ever bullish is a moron.
better than the dollar, 100% us better than the yuan, 100% china etc.
while it is mined there, it is not controlled there, nor anywhere. the chinese state does not have power over bitcoin as a whole.
yes, it does! this constantly inflated deflationary currency will free me from billionaires who i also worship! *proceeds buy bitcoin on regulated exchanges, pays u.s. taxes on gains, uses it only to buy a few things which go through u.s. regulated corporations and are instantly liquidated for usd*
you made very good points. i'm not certain he is trying to play the market, but i'm not certain he is not trying, either :) the only thing i'm certain about is this: today's "investors" seem to rely more on "heroes" than any time in the past. it's no longer just the cult followings of warren buffett and charlie munger... nowadays people are mindlessly following jim cramer, cathie woods, elon musk, ben zachs, etc. and you know who signalled the recent top of bitcoin? it was not elon musk... it was when jim cramer revealed he sold half of his bitcoin to pay off the mortgage on his house. bitcoin never recovered from that high. (yet) but,... people here attributed it to elon, lol!
good reminder!!!!! haha i remember when alan greenspan said we were in "a bubble" when djia was at 7k. scared the living hell out of u.s. investors, especially when dija climbed up to 10,000. 2007, what a time that was. fast-forward, now it is 2014, dija is at 34,000...
i like the idea of the council being a voice to demand transparency about bitcoin's planetary impacts. fair enough! everyone appreciates honesty about costs-offs. but the language about corporate governance is not cool... i would like more explanation about how the council wants to influence "corporate governance". i honestly do not believe a firm like microstrategy is begging for their corporation to be regulated by government. so i wonder if instead, they are referring to a desire for corporations to do the governing? that's not good either imo, that is wealth demanding control of wealth. we need more clarity about that meeting.
and the people talking about him manipulating the market, ye the market on its end is stupid enough to let it be manipulated, do your own dd and stfu, life is good that way
hope you did your homework.
at least you're honest. this is the wrong sub for you though. try r.
he only has influence over the price if holders of bitcoin give him that power. vote with your wallet.
this is not isolated to bitcoin. there is not an asset in the world that elon cannot influence with a tweet. elon is "the richest man in the world" and he has a cult like following and 56 million followers on twitter. he's an autistic billionaire nerd that likes memes and he can affect the price of any asset with just a single tweet. elon even tweeted just the single world "signal" in january talking about to a messaging app named signal, [and it caused the stock price of signal advance’s to shoot up 5,675%.]( he started the whole dog coin frenzy with a tweet. he even tweeted "gamestonk!" which was a clickable link directly to r, lead to the rise of the gme cult, and also lead millions of new reddit users to find the cryptocurrency subreddits. elon could post a tweet saying to buy silver and all of the bullion dealers would run out of stock and the price of physical silver would go crazy.
that's the oldest argument in the book. bitcoin is larger than the energy that it consumes. it does not matter what the people want, they are too stupid even to realize their are better energy alternatives, which alone should mean the publics opinions dont matter. if it mattered we would have come up with better solutions faster. what you are innoculated with is called propoganda. people would like to believe they need to make decisions that will change the outcome of the energy crisis but then the powers that be would offer the solutions that already currently exist, no? they'd rather have everyone run around believing they are saving the world so the rich can go about destroying the planet while putting big dollars in their pockets. inflation rears its ugly head in all fronts. the rich would have you believe everything is your fault but look up planned obsolescence and the light bulbs that used to last 50-100 years. inflation is one hell of a drug. it's how the rich keep their power. you better be damn sure the status quo hates bitcoin because it does not allow them to keep making expensive assets unaffordable to common folk. this is how rich people own everything and everyone else owns nothing. i urge you to look into what i am saying for your own place of mind, as the deeper down the crypto hole you go the more you will see the link between inflation and the energy crisis. bitcoin was developed in a way that promotes minimalism at it is very core. it incentivices you to hold and you will stand to gain more, this is opposite of inflation which incentivices you to spend to stimulate the economy. more spending= more working = more pollution. bitcoin is the solution not the problem. it even incentivices miners to find the cheapest energy which can not be said about old power conglomerates which essentially hold monopolies and do not have any significant competition.
obviously, at the same time plenty of rich and influential are invested at this point, so they need to make those switch back to usdc as soon as it launches. expect fud, expect regulations, expect every effort to kill btc in years to come.
with both china and u.s. opposed to de-fi, btc will be regulated out of existance before it ever usurps the central banks of either china or u.s.
maybe but it definitely would not be this garbage crypto that is for sure.
while i agree with you somewhat, i’d like to fact check the claim that tesla could buy the entire crypto space. all of the resources under tesla’s control are worth about (tsla current market cap). the crypto market cap is currently over .6 trillion. so assuming tsla fully liquidated and acquired as much crypto as possible, they could only acquire 1. and this is assuming that the price would stay the same despite this absolutely massive influx of demand, which is unrealistic. they could only reasonably acquire a very small fraction.
canceling elon is not the right thing to do because he has the right to free speech. if you do not like him, just buy products from other electric car manufacturers like lucid, porsche or bmw.
i like your thinking, but the problem is that retail does not own enough bitcoin. the largest btc stakes are already held by the global-wealthy or by governments. also, billionaires never "panic-sell". they do not have to panic, because they do not bet their whole fortune on 1 investment... they diversify. our (we the commonfolk) problem is that bitcoin got too much corporate attention.
anybody can buy 2637 satoshis for just a dollar. the dog coin that you own is the whale's coin because the small group of whales own over 80% of the supply.
satoshi's goal was to allow people send online payments directly from one party to another without going through a financial institution. bitcoin has accomplished satoshi's goal for over 12 years. bitcoin is decentralized and secure. if you safely handle your private keys then your bitcoin cannot be stolen and nobody can stop you from sending it to anyone else. bitcoin is hard money.
yes, but in reality it is the firms that allow leveraging that are causing the margin calls to be so severe. asian firm bitmex allows 100-to-1 leverage for cryptocurrency trades. i.e. with , they will let me buy up to ,000 (in usd) of bitcoin. if i was aggressive and bought the full ,000-worth, then the instant btc value declines, i become over-leveraged and will get a margin call. depending on their rules, they may automatically sell some of my btc rather than wait several days for me to supply the cash to make up for the lost value. it's insanity, allowing people to leverage anything this volatile at an extreme 100-to-1 ratio!
elon musk is not screwing up the bitcoin currency. i think you've drank the koolaid that the media-conglomerates gave you. look at who owns the u.s. media. then question why those media-owners want you to believe that elon is responsible for the price of bitcoin (when he clearly is not). a tiny group of global wealth can control bitcoin if they can convince you to trade with your emotions. so, it is your decision. are you at the mercy of the global-wealthy, or do you control your own fate?
i'm hodling. hope i get to spend it someday, though. preferably before i get sent to the old-folks-home. or, maybe i can get a penthouse in the old-folks-home? >!fine by me.!<
sorry to go on a tangent but the whole concept of energy consumption is a huge smokescreen to hide the true goal, the massive intense rush to mine-mined bitcoin. i am not too worried about elon's behavior... elon has personal btc holdings, but only a small % of his personal portfolio. separate from that is the tesla holdings. tesla recently sold a portion of their holdings, and this strengthens their balance sheet. they were basically doing an experiment to see how much they could sell in a short period without influencing the price. that means tesla will sell more, in the future, when they need more financing... but would not sell in the near-term. there is talk that btc will hit both 20,000 and 100,000 in the rest of 2021. from a chart perspective, it needs to fill the gap between 20k and 33k. so it might rise, it might drop. i personally do not believe btc should be traded. the goal is to acquire the most btc, not make the most usd$. my personal goal would be that every citizen get to own some btc. it's as important as owning your own gun.
or, you acquire it. most people try to acquire wealth.
i "get" it. this generation has lost our compass and we are wandering in the desert. it is what it is.
on your phone, get the cashapp app or the coinbase app. then, link your bank account to the app. (scary, right?) then, buy some bitcoin using the app.
the media-conglomerates are promoting elon. elon is not in control of the btc movements. rather, he is being targeted by the media-conglomerates to take the blame for the price movements, while the global-wealthy continue to acquire the remaining btc.
i think he is being used as a diversion. i certainly do not think elon is coordinating the diversion. you're referring to soros.
exactly! yet you got downvoted by a bunch of redditers who do not understand tether.
elon does not control the price. nobody "controls" the price of btc, but savvy investors predict the short-term moves based on the futures expiry, max-pain, and the amount of leverage at any given time. jim cramer called the bitcoin top when he cashed out half his position to pay off his home's mortgage. solid move on his part. he has not announced it yet, but i bet my bottom dollar that cramer bought back in, this weekend.
we know for certain that ccp intends to never allow bitcoin to compete with its new digital yuan. ccp will either crush bitcoin, or force international regulation.
bro that’s how it is with every single person in life if you have money your always perceived as like you said a demi god of wealth and info people automatically aussum you and everyone in your family must be some a higher standard of those around them . for many reasons . poeple don’t know who they really are tho . i swear the ones you think are the normalest are the most fucked up rich poeple just hide it better and are smart enough to know certain things will hurt there reputation . i think it’s because poeple see you have money well they think you must have done something crazy intellectual to get it . when i’n all reality a lot of the time that couldn’t be further from the truth . so much generational wealth some poeple never even work a day i’n there lives but they have it all already and claim they bussed there ass for so long and earned it when in reality was just given to them be family or relatives . you’d be suprised how many poeple out there are made by this alone . the worst part about it is these are the poeple that tell the poeple at the bottom there not working hard enough ladelada lmao
yes, that is accurate. there are only \~10 years left of bitcoin mining, correct? by \~2030, it will all be mined, no more energy costs. speaking in "federal reserve" terms, the btc energy consumption "is transitory".
oh goodness. "someday" is so much sooner than an investor would think. forget about bitcoin, continue on with your life, shoot for that promotion at work. ask that fun sweet girl out for a date. work some overtime, buy a nice-looking reliable car. exercise every day! live your best life. then, around thanksgiving, check the price of bitcoin again. you'll be happy not only with the btc price, but also at what you accomplished in the last half of 2021 in your real life.
technically, elon can not manipulate bitcoin nor any other currency. he can manipulate humans if he wanted to. only if humans let him, and only if he wants to when they let him. basically, you have to ask your friends and yourself: "do i let anyone manipulate me?" it's important to note that elon is a human like everyone else, and is demanding his right to say anything he wants on social media, despite the regulatory goons and censors that try to stop him. he is demanding to be his own person, not just the ceo of some famous companies. and that is why corporate america is flummoxed by him. then little peons like us on a reddit forum want to hate on him for speaking his mind, as if we want him to choose sides: either be a corporate suit, or be a pauper with an opinion, but we would not allow him to be both. it really is elon's perrogative to comment about anything he wants. and your perrogative to listen or not listen. but let us not silence anyone.
i believe that media conglomerates are desperate to make common joe believe that elon musk is influencing the market... all the while the wealthiest are secretly amassing giant hoards of de-fi coin. stealthy acquisition behind the scenes, while elon is getting all the attention. elon is being used as a smoke-screen, to help governments acquire coin before common joe can.
good point, but people are talking about it. the other side of the story is that some amount of pollution is an acceptable trade-off for developing a contingency plan for the human race. i.e. the faster we can colonize mars, the more "breathing space" we have that humans would not face extinction from a nuclear war. all of that is a little abstract for me. but okay, whatever... centralized (govt) finance uses way more dark-energy than bitcoin-mining uses.
musk is not doing anything illegal nor immoral. btc is not a stock, so accusations of "manipulation" are meaningless. he's pissing off the wall st establishment? lol more power to him. he's lived a life on the outskirts of the human experience. he's just trying to live, and achieve some aspirations for society, and achieve some aspirations for his kids. not a monster. one could make the argument that we who write opinions on message forums are more of a monster than the people who are producers.
ashburger with cheese, comin' right up
it's guys like op that make it a bigger deal than it is. seriously 95% of the people here do not listen to elon, but op wants to make people believe it is some sort of trend that is listening to him here lol
wait so the holy lighnity is a lie? 😧 i’ve been bamboozled!
and the stupid thing is we all need to take elon musk's tweeting into account when we consider possible movements in the price of bitcoin and the cryptocurrency market generally, all of which have nothing to do with the underlying fundamentals.
he is the king of capitalism... never gonna happen.
i am not no doctor!!
> manipulate the markets. see, this right here is worshipping elon. if elon tweets something bad about something; he’s manipulating market to go down. if elon tweets something positive; he’s manipulating market to go up. in what scenario can elon tweet (dumb shit) without “manipulating the market”? according to you, never. you think he has god powers, and yet is a dipshit, no matter what he does. you can’t be wrong. ^(personally i think he’s just “brain farting” half the time, plus he has asbergers, or similar; fun, smart, but be wary; there’s no filter)
most people have wouldn't notice his twats if we stopped talking about them.
well his tweets have made me more money i have ever had in my life so i appreciate him for that although there were some losers (as always) it doesn’t seem right
he's just a nerd who does not realize how big people have made him and what impact his words or actions can have on people. he's just focused on what he thinks is right.
elon helped newcomers, he drove the btc price down so that unfortunate souls which were too late to the party could join us thanks to lower prices. long term musk helped the crypto market grow a ton by especially making the biggest crypto, btc, more accessible again
eventually? lol, where have you been?
thank you for your contribution to this thread...
at first i did not think the original comment was important, but then i saw that you validated it with your carefully crafted comment, so now i agree. thanks so much.
how can i ignore him if you keep telling me to ignore him?
oh, he is manipulating. but what the heck are posts like this going to achieve? the op was missing plenty of steps.
this kind of post is pointless noise on this sub.
fair enough. do that once then move on. it was done a while ago. also, this hysterical rubbish is not really very helpful. a clear and reasonable analysis of his motivation etc would be useful.
let's compare apples and attention whores shall we? what a silly companion. you are suggesting that sensible thiscussion that reduces the problem of racism is comparable to hysterical babbling about poorly thought out twattering by an attention whore. sure. if anyone has anything sensible to say about elons twattering i'm all ears but the inane flapping about it that has been said more coherently days ago and was still inane can piss off.
yay, let us play compare apples to attention whores...
he's not a good person, he is a garbage human
roger ver has entered the chat (from an unknown location)
well given how it turned out with roger do we want another bitcoin jesus?
this does not even attempt to provide a full context for any of the events. for example, how are you going to mention his privileged upbringing, and not talk about how he was hospitalized twice for bullying? it does this over and over again. behind the bastards at least provides context for both sides to give a full picture, and is an infinitely better resource. this is as worthless as any type of hate propaganda.
we do not hate altcoins. this sub just is not the place to shill altcoins. you're blaming us for the behavior of altcoiners, but altcoiners are drooling for acknowledgment from any celebrities regardless of what bitcoiners say or do.
it's unlikely that panic played a big role in recent btc dips. the rapid dips are caused by hedging with futures. these dips then trigger margin calls for true longs who bought not with cash but with borrowed money. i.e. they are over-leveraged, cannot meet the margin call and are forced to cash in their long position (at low market price) to meet the call.
he did not nail it. there will only be no ruler of bitcoin. satoshi was the creator, not the ruler. he follows the same consensus rules all of us do. this is the point of bitcoin. rules without rulers.
get your anger issues checked please
for what, exactly? making you jealous?
both of these things can be true. the hope is enough of the bitcoin community is offput by this to make it impossible for elon and saylor to have any influence on bitcoin’s protocols. it’d probably be relatively fine as long as all their bs is kept off-chain
itt we pretend that exchanges and mining pools aren’t already a thing.
yes. no councils. go play lotr cosplay and make as many councils as you want in your free time. bitcoin is decentralized. done.
bitcoin is democracy via ownership. if that is what the people with the most coin want to do with is then that is what will happen. this is all one big democracy experiment, not an anarchist one. it looks like people want pools and influencers so this is what we have to work with. right now we are just complaining to group of people who already agree with us... the ones that actually post where others will see usually do so in an attacking manner that would never persuade anyone. if people want to see change they are going to have to go to youtube, twitter, and facebook and in a non degrading way explain why bitcoin should move to a less centralized model in an entertaining way and sadly i just do not see that happening right now.
i would imagine that the council knows that trying to exploit their position could only fuck them over as people would lose trust in crypto instantly, and that in the end, they have no real power. they don’t control btc, they’re just miners like anyone else. the only way i can see them having any real power is if they pay people out of their own pocket to do something they want done.
human is dumb. truer words have never been spoken.
well then it doesn’t matter.
way to miss the point.
“any criticisms of me shows i’m right”
yes, same. since elon i've been doing even better as you can predict the moves of the market after his tweets. use his influence to your advantage.
but does china's recent actions not demonstrate the influence that government has on bitcoin? let's say that the us, eu, india, etc all decide to follow suit and outlaw it for whatever stupid reason. what power does bitcoin have at that point? if the network relies on various dev teams , and these entities are at the mercy of the government, is not there a very obvious vulnerability?
if you are well dd’ed you saw lasts ‘manipulations’ as opportunity
not really i just yolo’d a chunk about 12 months ago. seems to have paid off, despite the current market...
pfft! climb down from your high horse and chill out lol. most people are here for the same reason as me, and don’t pretend that you don’t want money from people like me going into bitcoin. without that it wouldn’t have amounted to anything.
“a revolution wrapped in a ponzi scheme.” max keiser.
it's not, really. everyone that stays invested in btc does so because they think it will gain value; in other words, to make money. if you can find me someone who remains invested in it while also believing there are no further price gains in its future and that it will either stagnate or decline in the macro outlook, i would be happy to reconsider. without the motivation of financial gain in this early adopter phase, btc wouldn't ever have come this far from its humble beginnings. investors are incentivised by gains relative to other currencies and asset classes. miners are incentivised by financial rewards tied to btc price. it's all about the money for every participant at this point. if there is no potential to make money (relatively speaking) by investing, there is no widespread adoption, slashing demand, leading to lower prices, meaning decreasing if not unsustainable coin prices for miners, which would inevitably cause a decrease in hashrate which, if it went on for long enough, could be the end of btc as a viable *anything*. to pretend otherwise seems naive. we all love the tech, but it does not have a future without purely financial incentives over this early period.
i have been investing in crypto for some years and boy did i invested in time
that was not what meant, i was mainly just joking about it, i think cancel culture is annoying too
and yet primarily it is yet another gambling vehicle for those with excess resources to gamble with.
"it is what it is" if you refuse to do anything about it. "it is what it is" is a cancer-like type of thinking because while you do nothing, other people are thinking in terms of "it is how we do it". "it is what it is" is an anti-humanity, anti-freedom, anti-progressive, anti-future slogan and should not be embraced by anyone!
how many do i need for financial freedom?
like with the digital yuan ccp copied its technology as per usual and demonized it towards their will now theyre trying to stuff it down our throats. fuck that and fuck them
you're right. no one pays attention to elon. the fact that his tweets were followed by massive price movements is a total coincidence.
have you heard about the great lighting network?
i don’t think elon is a dipshit i think it’s everyone that lets their emotions fly to the moon bc of a tweet!!! those are the dumbasssses... but hey if their bankin off it more power to the dipshitted apes!!
unfortunately there are too many retards like this^
i don’t think he did that. i think he wants more control over the crypto world hence the whole bitcoin mining council
no thank you for your contribution to this thread…
the amount of effort i do for you guys...no need to thank me
don’t think of a pink elephant lol 😂
you’re not wrong, but the guy is venting about something that is bothering him and has a real impact on the integrity of the coin.
>let's compare apples and attention whores shall we? ok >what a silly companion. you are suggesting that sensible thiscussion have you seen most "thiscussions" of racism? besides, who are you to curate what's sensible and what's not? let the masses decide and that is what happened... it's why this was on my front page.
what if elon musk was satoshi this whole time
hey, garbage men are people too! they're the reason our streets are not shit. respect them. elon on the other hand; fuck that giga chad
i mean, roger has crazied himself out of any credibility at this point so maybe yes lol
what does him being bullied have to do with anything?
isn't this context to the lies you believe? it's giving you the other side. in fact it is proving he is not the god like genus the fan boys say. the most worrying thing about those videos is the pattern of crush crush remove and dominate... which is what bitcoin seems to be in the process of. he tweets started this fall and he is meeting miners in the us days later.
maybe, it does feel of manipulation that all the news came out so timely. i do think overleveraging is causing huge fluctuations
there is a slight difference. satoshi nakamoto could cripple bitcoin with very little hope for recovery if he chooses to. we have no reason to believe that he ever would or that he is even still alive, but he owns a milion bitcoin, enough to crash the price to double digits destroy bitcoin reputation for at least decades. it's not likely that it would ever happen but it is definitly more power, including musk, could ever have.
lol based on a 5 second profile-snooping your comment history seems far more angry than theirs, enough to convince me you are projecting your anger issues onto someone else. may want to get *your* anger issues checked.
elon musk bots like you are straight up pathetic.
and i would argue those hurt the goal of decentralization too! to the extent that we can get away from them, we probably should. that may be a harder ask than just not centralizing governance of the mining operators.
coinmetrics covers that very well:
there is no point to being a crybaby.
it show does the influence of china's government on bitcoin's *price*, but not its functionality. bitcoin functioned long before it had government approval, and it does not require that approval to function. yes, its ubiquity as a currency is somewhat hostage to various world governments. however as long as people believe in its value, it will remain as a store of value, and will be used at the very least behind the scenes no matter the country. additionally, while further development does rely on the core team, the protocol itself does not. it can function as is with no exterior help. only a packet-level blocking would actually prevent bitcoin from working, and that is largely considered nonviable for really any sort of internet traffic (see torrenting).
elon is that you?
yeah agreed bro i'm not here for anything other than the money and fucking the man right in his arse. if you try to pretend you're here for any reason than to make money your probably just lying to yourself. you wunna be rich otherwise you would have just spread the word about bitcoin being a savoir and not invested yourself. everyone is here to try and make a big return.
you’re projecting lol. there are people in the bitcoin community, myself included, who are not here for the money. we are here to peacefully protest the enslavement of our debt-repayment financial system that empowers violence and governmental and corporation control over us. if you’re here solely because of money, you’re better off becoming a trader in r’ll definitely make significant fiat gainz there. bitcoin is a peaceful protest towards global human liberation.
satoshi is turning in his grave. i hope you get rekt day trading.
i’m not pretending, i have no intention of selling my bitcoin that i bought at 55k; even if it goes to .5. bitcoin is liberation from money backed by violence, control, and greed. bitcoin is a peaceful protest, and you’re naive to assume everyone is only here because of the price.
that's cool because bitcoin is for everyone, and everybody is free to use bitcoin however they like. anyone is also free to do anything with the bitcoin source code because satoshi released bitcoin under the mit license.
not sure why i wrote "it is what it is." what i meant was "it's true." i did not mean to portray acceptance of newer generations being more naive. commo error on my part.
bitcoin would not give you financial freedom. the only way to be financially free is to have skills that are necessary to stay alive, that few people in your vicinity have (i.e. farming, hunting, water-supply, building shelter), or skills that are useful to help others retain power (i.e. propaganda, killing).
that might be true but then you put the blame on the people? how can you stop the masses from following 1 guy? and they “follow” him on their own free will. unlike govt or governing bodies who makes policy up to their standard. elon cant do anything except buying and selling, like each and everyone of us, no?
tell me more 😏
now *those* are tweets i would re-twat.
my position exactly. it is our fault that we get so hysterical about his twats. he likes the attention, i'm not sure he uses it in the best way... but i certainly do not hate him.
you said it. the passing of time. not continual hysteria about it. everything that need to be said has been said. maybe talk about something else, feeding the troll with 10 posts a day saying basically the same thing is pointless, irritating and probably slows the rate at which people get bored of him and his influence wanes.
thank you both for your contribution to this thread...
yes. pretty sure that has already been said on this sub a couple of times.
what if you were satoshi this whole time but could not remember from a severe hit to the head? it would explain why you have not moved your coins.
we’d have heard about it the moment bitcoin hit ’s be claiming it was on a par with the usd!
musk is a pr muppet nothing else.
elon musk is smart only when compared to dumb people (like the idiots who worship him), compared to actually smart people he is just a billionaire fucker.
lol that fucking cum rag could not keep that secret if his life depended on it
because the creator is arguing that his childhood was nothing but privilege and entitlement. knowing he had a cracked scull from being thrown down a flight of stairs and almost died in the hospital contradicts that narrative.
why would it destroy it is reputation? the fundamentals of bitcoin would be the same. it would just increase the btc in circulation by 1 million. that would definitely be a hit for the price, but the difference between 20 million total supply and 21 million is not something to tragic as to completely destroy bitcoin.
how do we know how much bitcoin satoshi nakamoto has?
this is wrong, musk‘s total networth actually isn’t that far behind the total worth of all btc. he could own the largest chunk of btc any person owns if he really wants to
worse than imprison people based on tweets? nice balanced judgement you got there
i’m not the person you were talking to, idiot. calling you out doesn’t mean anyone is crying. are you 13??
idk man- i do not think it matters to 99% of people whether or not bitcoin can technically "function". what matters to people today is whether or not it has value. the value would plummet as world governments regulate. if its illegal, and it is not user friendly (assuming that exchanges and the like would also thisappear), then there will never be widespread adoption. i imagine it would be back to the silk road days. bitcoins potential growth would be quite limited under these circumstances.
you will never be rich by investing your pocket money though. i really hope you know that.
yes he might be turning in his grave, but not because of my actions or comments lol. maybe because bitcoin has become another money-making tool for the elite. i’m still a fan of bitcoin, but i see it for what it is. ps. i don’t day trade, i’m an honest holder. so your spiteful comment is irrelevant to me 😉 see you in utopia 😬👋🏼
would you feel financially liberated if you turned .5?... because some billionaires pulled the rug out from und you? cool story bro
forgive me if this question sounds stupid i’m an outsider but what do i gain from bitcoins? what’s the end goal?
i found it to be perfect!
don’t remind me pls
he’s a silver spoon emo baby with trauma
lol elon the fucking cumrag musk 😂
how does that contradict that narrative? my childhood buddy was born into extreme wealth (closely related to one of the wealthiest people in the world) and yet he got hooked on dope and squandered many opportunities and landed in rehab many times. almost died. does that change the fact that he was born with a silver spoon in his mouth? no.
we do not know for sure the total but we know one wallet for sure. that wallet contains the million bitcoin that the above posts are referring too. we know that the origin block and the first few thousand bitcoin were mined and deposited to that wallet. nothing has moved in or out of that wallet since satoshi dropped out. if someone were to even move one sat of that bitcoin it would be a major event in bitcoin history. craig wright, who claims to be satoshi, has been trying to claim that wallet as his but has so far been unable to move or prove ownership or access to it. craig wright is a conman. the most common theory i have heard is that satoshi moved on to other projects and likely died before bitcoin took off in any significant way. i think this is the most plausible explanation. the other possibility is that (s)he had multiple wallets and has cashed out other bitcoin and moved on with other things. i think that given the world changing effects we are seeing from this tech this is unlikely.
his net worth is mostly tesla, if he tries to spend his net worth on bitcoin, the tesla
its a bidding thing to get bitcoin...so if someone wants to buy 200 billion worth it would drive the price skyhigh
he did not mention tweets or being angry, for all we know it could be about something else entirely, you are the one making assumptions here, that is all on you. if you want to argue with him about it, then reply to him lol i do not care what either of you think and express no opinion towards the current billionaire who is dabbling in crypto. i do not care. i'm just the guy who said you are projecting your anger issues onto other people, leave me alone.
haha your comment proves my point. you all are salty
i suppose my perspective is somewhat what it is because i've been here since the silk road days. i'm interested more in bitcoin as a technical achievement than an investment opportunity. regardless, an actual full ban of bitcoin would require all major nations to cooperate on it -- and that is something i do not think you could find a consensus on between europe, russia, china, india, and the us. *especially* now that big-money players like corporations and hedge funds have started to get into it. money talks in us politics, and now the money is on the side of bitcoin, at least enough to stall any efforts to properly block it.
bitcoin's value is derived from its function. when you understand that, you'll reach ultimate bitcoin zen. outlawing it simply denies law abiding citizens this function and will lead to those nations falling behind.
i have a large enough wager on it mate
my "pocket money" which i invested in btc 8 years ago would be worth £250,000 today if i'd held on to it. you absolutely can get rich from crypto from a very small initial investment, it just takes time and patience.
that's literally what i meant. we do not deserve a bankless society of sound money.
my understanding of the "end goal" is to own some currency that cannot be manipulated nor de-valued by governments. as economies print more and more of their currencies, and sell more and more debt, our normal currencies become devalued, and eventually are worth nothing. but bitcoin will not devalue because its supply is capped at 21 million.
did you know that thinking and making an inane post on reddit that says the same thing as ten already made before are different things?
i saw we peg bitcoin value to burger king's twitter account.
it's pretty incredible that people will argue that context does not matter if it is about someone they hate. of course it does not change that he was born with a silver spoon in his mouth, but if your buddy stole something to support his habit then that is definitely relevant info. it's the difference between scummy asshole steals despite being wealthy vs. addict steals to support his habit.
i just read the wikipedia about craig wright. geez, that guy is a piece of work!
there's not a wallet with a million btc in it. each 50 btc block reward is controlled by a different private key. craig claimed ownership of various addresses, including the bitcoins stolen from mtgox in march 2011, and the owners of some of the wallets that craig swore he owned have since signed messages saying that they are not owned by craig.
i remember reading somewhere that people think he is in federal prison🤷‍♀️
lol you came at me, stalked me, accused me, and now you take the lame "i do not care leave me alone" excuse?
do you think someone showing irritation with your bullshit means that you’ve won? that only works in middle school. we’re done.
most of us have no desire to sell our satoshis regardless of the price. we are sat collectors
i vote to be pegged to wendy’s account. their meme game is unparalleled.
who said i "hate" elon? and i'm still not understanding the connection between his supposed experiences being bullied and the horrendous behavior he is exhibited over the past 30 years of public life? is it supposed to be exculpatory or something? reminds me of the "i have aspergers" excuse making on snl. are autistic people not capable of being assholes and inflicting bad outcomes on the world? are people who were bullied immune from scrutiny? please explain the connection to the allegations being made against him.
i stand corrected. thank you for the new (to me) information.
who said anything about winning? chill man.
yeah most here are for sure.
i like red heads and wood enjoy being pegged by wendy
that's an entirely different argument you're pivoting to. you're initial question was "how does him being bullied have to do with anything?". that is not at all the same as, "how does giving context to his childhood justify bad behavior in adult life?" i never said that things like this give him a pass to be an asshole as an adult. i was using that as just one example of where the creator deliberately leaves out information to paint him in the worst light possible which is a really shitty thing to do when you actually want to give someone valid criticism. also why i recommended behind the bastards on him as they go over all the shitty things he has done and give a much more balanced take. i'm not saying that elon is not an asshole, i'm saying this video is propaganda garbage and useless; no better than tmz.
i think if satoshis coins ever moved it would just be another bump in the road thats all the henhouse would start making noise the media would pick up and more would learn what bitcoin is and maybe want to get some
hmm... maybe they’re only bringing up the bad parts of elon musk because that’s literally what it’s about; his bad side. not him being bullied or anything else that has happened to him that’s unfortunate, or if he donated, blah blah blah. if it paints him in a bad light because he’s done shitty things, the good and neutral doesn’t matter. because that’s the point.
> that's an entirely different argument you're pivoting to. you're initial question was "how does him being bullied have to do with anything?". that is not at all the same as, "how does giving context to his childhood justify bad behavior in adult life?" no it is not. the subject covered in this video and this thread at large is elon's manipulation, lying and treating people like shit to get ahead. i'm simply asking what the hell him being bullied has to do with this criticism. like i get it... maybe under the some form of psychoanalysis, his being bullied explains why he is the way he is. but that really has little to do with the consequences of his actions and the impetus on others to speak out against his tech-billionaire shenanigans. really no different than bezos, jobs, zuckerberg or anyone else. are you going to argue that bezos's baldness has something to do with his domineering business policies? >i was using that as just one example of where the creator deliberately leaves out information to paint him in the worst light possible which is a really shitty thing to do when you actually want to give someone valid criticism. again, how does this information refute (in any way) the reasons and evidence why he is an asshole? i do not even understand how it is material to the conversation. elon is an asshole and a manipulator no matter what happened to him in childhood. he could have been molested by the pope and that *still* wouldn't make him any less of an asshole. >also why i recommended behind the bastards on him as they go over all the shitty things he has done and give a much more balanced take. i'm not saying that elon is not an asshole, i'm saying this video is propaganda garbage and useless; no better than tmz. okay i will check out their episode but i will be surprised if i think any differently of elon regardless of what bad things have happened to him in life. i honestly do not give a shit about his history. i only care about how his poor actions are negatively impacting various groups of people, including bitcoiners, tesla employees, consumers, environmentalists, etc. i do not give a shit that he was bullied. it's immaterial.
check your anger issues dude
“sorry if i obsessed you” what a stroke.
just like when you were a kid, don’t talk to strangers!
wait, so i *shouldn’t* have sent roy my private keys? i thought that’s what they were for... private messages?
great post. it's sad that there are gullible people out there that get taken to the cleaners. just remember kids, if anyone acts successful and they want to teach you how to get rich it is always a scam. rich people do not need to talk to you.
entrepreneur ' you already know...
doing houston, tx dirty like that.
next he was going to demand target gift cards or else he would send the irs after you.
lmao do all americans say "god bless america" when they come across another american on the internet?
zorg621, not the hero we deserved, but the hero we need.
please tell me the nigerian prince i am chatting with isn’t a scam as well. i just paid for his notary costs to help him claiming a huge inheritance he is willing to share...
who wants to mirror trade with me? we buy now and hodl for 10 years and that is it. i'll take 10% commision after 10 years.
there’s a copy trade function in e-toro so that exists just fyi, dunno what the guy’s angle is
you guys can copy my trading strategy if you want. for 10% here it is: 1. buy 2. hold
sounds like some nigerian princes got new jobs.
he's a thisgrace to roys everywhere.
hahaha. i laugh. that's gold. i'm gonna start using that.
we do sure love the america do we not, fellow american?
god save the queen. may i interest any fellow englishers in here in strategy trading?
hahaha. i laugh. but first. i must pump you up.
if you've been on the internet for more than a few weeks, and do not yet realize 99% of people are complete fucktards, then you're probably one of them.
am i the only one impressed by the 5g?
you should have known at the ‘god bless america’ line… what a wanker
i'm amazed in 2021 people still fall for these scams. older generation is still ignorant. younger is too naive. and here i am with my fellow cynical millennials.
mad respect for getting the word out, fuck this dude
lol i automatically read his responses with an indian accent
hahahaha i will remember this greeting for my next us holiday ‘here is your lunch order sir: cheeseburger, fries and a soda’. and i’ll say. “ i thank you, god bless america!
or just never respond to messages... at least check to make sure they have more than 4 karma...
scammers are everywhere. that’s thisappointing. you made a good thing by posting this into our community.
zorg: let me guess i just have to send you my bitcoin?” scammer: “nope” fast forward a few messages… zorg: “so i just have to send you my bitcoin to start?” scammer: “yep”
honestly, if you fall for scams like this, you should be forced to go back to kindergarten. there should be limits to what level of stupidity we accept from adults. at a certain point you deserve what's coming.
i can make you ! i just need an initial deposit of 2 million. pm if interested, peace out!
i dare . and get ready for the bloodbath of critics 🤙🏾
shameless admission here, i’ve fallen for this shit once and only once. quality lesson. won’t do that again.
thanks for nailing these mofo ts :) this post will help lots of people to avoid such shitty practice.
boomers beware. you're in for a scare.
god bless america was the first red flag
this gives the slogan „god bless america“ another touch.
“god bless america” so they are either from alabama or the middle east
it's a bot to strike up conversation and if you bite, a human takes over. asian by my estimate. i get them all the time since joining here and r
i do not understand how people still fall for any type of scams
why would a trader with such guaranteed return on investment need copy traders paying him 10% of their gains? hold on... does he get 10% of the trade volume, and so would profit either way? well this is shocking.
"i'm from tx. god bless america" uhhh, is this a common greeting in the us?
> copied unto wat
to hell with trading
always good to call out these losers as we find them. this should be the standard response. unfortunately, there will still be idiots out there who need to get burned before they finally learn not to play with fire.
honestly i checked the username hoping this was from roye and it was a hilarious troll.
i've had dozens like this guy, just report and block
i think "financial freedom" is the hot term used to lure people.
good on you man. one less scammer today wohoo
if it were possible i'd love to open an accpunt in the scammers name somehow, invest 100, go on a 100x long at ath and give it to him before crash. lst him have fun with the debt. unless ofcourse cumrocket 500%+ again but lets be real.
don’t forget that during dips people can sell dirty crypto:( don’t forget to check it before you buy
my one claimed 900% per day... i was very impressed. website was a pile of shit and address was a random strip in austin, tx.
i've been approached by the same person. same strategy.
the 4 karma should be an instant red flag
some of these scammer accounts have been bought with actual money, so you may be happy to know that potentially you may have cost them some. thanks for your service op!
back to the carpet store for you roy!
great post, but sell that tesla! muskrat f with my money!
good on you, i always report the spam and scam comments on facebook etc that appear. on facebook you can leave a review as the account is usually not a person but a page, set up as 'personal blog' or something. i'm always getting scam phonecalls so i just go along with it saying yes, yes, yes until they ask for personal details and i tell them i've wasted their time and they should think about what they have chosen to do in life. everyone needs to do this, waste their time, call them out and stop them taking advantage of vulnerable people!
bro come on, you gotta troll them way harder than this
"okay how this works is you mirror my trades" "but first, yes, you deposit your bitcoin at this address" "later sucker"
why stopping at -40% loss when this guy could take it to an whole other with -100% with one simple trick
if i could upvote you twice, i would. gj mate!
take care after your butthole! i‘m sure he wants this ; `)
lmao what a bitcunt. fuck that guy.
lol, i do not even entertain these people. usually i straight up block them.
i always tell them that i do what they do already because someone else of their group already told me that. whatever the scam is, "i do have millions because of you guys"
plz no one do this. no one get scammed i beg all of you do not empower scum bags
well, i dont own any decent amount of btc, like 50, but i still get this kind of messages daily.
they’re literally just desperate people trying to get by
wow, that convo went way further than it needed to, and you didn’t even get a hand job.
it is worse because "copy trading" is actually a thing in pawn-shop finance, as stupid as it seems. the reality of that scheme, nearly universally, is that the scammer first lures followers (from spawning dozens of random strategies, one at least will "overperform le market" even if only by chance), then they use it to trade against it and profit.
sorry if i obsessed you.
why can’t reddit ask for basic information like a phone number or an id card? that way these people can be banned for life.
just do not ever respond to people when it comes to bitcoin and get your information yourself or from real life friend. there are companies out there that give you free advice, you do not have to pay anything. ofcourse this info might be bias too, so do not make hasty decisions. and definitely do not listen to that nerd lol...
no joke, i’ve been playing online chess for years and now i am getting the exact same crypto scams. stay safe people
"dipshits like you" well that actually nailed it
this is public service. thank you.
did anyone notice his reddit account was 9 minutes old with 4 karma? if that’s not a giveaway... and the odd phrasing of english is always hilarious... but even if everything is perfect, for fuck sake never transfer anything to anyone for any reason.
you did report them tho, right?
watch out... you ever been obsessed? it's some scary shit.
what a complete dildo
things like these makes our community stronger! thank you brother! 💪
not all these scammers are harmless so be careful with physical security as well
prepare for royethan301 to hit up comments on facebook with crypto tips tomorrow.
how to trade successfully: buy bitcoin buy more bitcoin forget what you have done and repeat 1&2
hahahhahahah i laugh... i remember one time beigin scammed out of my favorite skin in cs:go that i worked so hard for... fuck scammers and i sincerely hope there is a special place in hell for all of them!
i got two chats very similar to this yesterday. scammer are rampant.
the old copy trading dabble
this guy was so butt hurt his existence , you can always tell by the broken english😂😂😂 who says i laugh 😂🤣 lmaoooo
seriously fuck these type of people
i liked your way of calling him out. telling him that you understand he wants to make money but that it is a shitty way to do so. hopefully he understands.
i had to lock friend requests on my facebook after commenting on a bitcoin article from a local news paper. i was getting like 5 of these a day from one comment.
never send your crypto anywhere! good thing you post and make this known!
and now that the lockdown it is over and we are back in earth let us see what ill happen :d lol 😂
he was from pakistan or india for sure.
anyone follows me, i block. almost any dm, i just block. problem solved.
thanks for your service!
you had me at "god bless america" 🤣 i laugh
what is this scam exactly?
good to spread awareness, thank you! let’s go btc 🙌
bitcoin evolution vibes lmao
i wouldn't have even told them you were going to post it. they could have gone on using the same account with half the sub being tipped off.
as someone who has been scammed numerous times over the past 8 years in the crytpo space, this. scammers have always been a large part of the crypto scene unfortunately. i think it has a lot to do with the nature of crypto and if you can scam someone there are no paypal chargebacks or banks that can get your money back for you. stay frosty out there, there will always be human garbage out there.
knew the boy was eastern europe when he said “god bless america” and “do you have facebook or whatsapp?”
lol what a dick. thanks for riding that out and getting him to the point. i hate scammers
yeah definitely indian scammer from the english
i had someone message me as a coinbase account worker. don't ever give any information to any account that contacts you unsolicited. not just on reddit.
thank you for sharing this!!!! if we all know better we will do better!!!!
thankyou op. iv had 3 people message me like that this past week. was unsure whether it was a scam , glad i listened to my gut and saw this post!
"god bless america" yeah that'll make you look more american, no one will know you're in an indian scam center.
god bless 'mercia. haha i laugh. nearly had me!
these are also the type of people that take advantage of vulnerable people when they’re dealing with something and already depressed. total dipshiz. especially what’s happening now. some people fall for this ‘cause they’re desperate to gain back their lost money from the dip.
that was a good read!
hey guys, i figured out how to make a lot of money. all you gotta do is give me your bitcoin.
you can learn to do what he is talking about from like 20 youtube videos, on your own. he's just playing the middleman, and'd be foolish enough to give wallet info or send coins.
thanks for cock teasing this smeg-rot for the greater good.
if he gets 10% of your profits, that means he compensates 10% of your losses as well... right?
there will always be people out there looking for the easiest way to make someone else's money their own.
>hahaha >i laugh >reporting me? >>*"good idea"* it hurt itself in its confusion
are people that stupid they need to be warned about this sht? oh wait. yes. yes they are. lmao.
thanks for the scam alert
remember one thing - if someone truly has winning strategy, he will not share it with random stranger on the internet. he will just use it himself. those all private messages inviting you to extra gains are never anything else than gains for the scammer and scammer only. not you.
i get these attempted scams occasionally. i have never got as far into the conversation as this. who ever chats to random people on reddit anyway? that's the first red flag right there.
hate these kinds of people... they will lie through their teeth to get what they want. disgusting how they act so damn friendly. you got to be a real shit person to be this way.
"lol, to gain what?" oh gee fuck i do not know, literal money?
if you fall for something like this you deserve to lose your money
hey guys i'm an expert on everything. source: trust me dude let me teach you copy hodl strategy. i'll take all your holdings and store it for you in a secure hardware wallet with private keys. will return everything and keep 1% as a commission after 10 years. you can contact me here on reddit after 10 years to get your holdings back.
how do you do, fellow american? betty grable. nice gams.
what out! winter is coming!
i had someone message me on here last week saying that they were in the hospital and wanted me to just send him bitcoin. lol. i did not respond.
i had a guy tell me for ! lol just needed my 12 word pass phrase and
isn’t this copy trading from professionals have been done by etoro already? i think if any1 wanted to copy trade, they would go there.
lol this is too good. "god bless america", b.
"hello fellow american, i am definitely from america also and not nigeria."
royethan300 pm me i want to invest with you :) ;)
i just got hit up yesterday! guy wanted me to give him my satoshis to invest. it sounded on the level. until i tried getting some bonifides from him. everything else he would been so knowledgeable, and certain of. and a simple, "who are you, that i should trust you?" wrecked up his whole day!
i just assume anytime someone reaches out to me out of the blue on the internet is a scam.
yep, this is why i never will answer message request.
lol i have alot of these cunts come in on random intervals of the year, i just tell them to suck my dick and transfer my sincere regards to their mother. dumb motherfuckers.
invest in crypto if you don’t know how i’m glad to refer anyone
the way he talks makes it sound like he is high as fuck or something...what an idiot.
good for you. this is exactly how i got scammed out of all my crypto during a very desperate period during covid. it's so obvious in hindsight but when you're panicking about how you're gonna pay your bills when your work just shut down, logic goes out the window. thanks for posting about this stuff. ❤️
i wish someone would scam these scammers, or at least ruin their lives.
the problem is there are 1000s of these and they can just make a new account when they get called out. good psa though! hodl, homies.
do americans salute each other with “god bless america?”
this reminds me of scammers from india "protecting your computer from hackers" like on kitboga
there's a guy offering to gold trim my bitcoin i just have to let him hold it a second
i get random messages asking if i’m willing to hear a financial proposal. then they start asking if i hold cryto or stocks ... like seriously fuck right off. you want to give me a proposal , then send me it so i can review the bs and see how much of a scam it is and figure out if theirs a way i can out scam you .
mouth watering profits?? lolz
my whatsapp if filled with these idiots. i’ve wasted hours of their time. consequently my own as well🙃
if anyone wants to do what this person is proposing - model the moves of professional traders - there are legitimate business that offer this service like etoro. don’t send your coins to some random asshole on reddit.
i like the reeling in of the fish. good job, op. goodness, what a moron to try to scam like that.
hey zorg, we all gotta know... are you still obsessed about this whole situation? 🤣🤣
i've thiscovered one simple trick to get rid of all these scammers. just send me .05 btc and you'll never hear from them again!
“were” trades are executed by “professionals” professionals that don’t know the difference between “where” and “were”? uhhh no thx
...what did this used to say??!?!!
only an idiot would do this. i mean why would you go through all this trouble of hoping to copy trades when elon musk will just double whatever crypto you send him?
report these people, these scammers keep trying to scam people
you can hear his indian accent from here.
buy gold and silver
i mean there is copy traders and mirror trades...
if you’re happy to just send all your crypto to a random guy who messages you on reddit, you probably had it coming.
this mirroring is legit. i know people that use it on the stock market
o, so we're a dating site now?? 🤔🤔this reddit just keeps gettin better.🤣😂🤣 thanks for the public service✌️✌️💎💎🙌🙌🦍🦍🦍
rotethan3000 here, i wasn’t trying to scam this guy just trying to help an average trader boom. y’all ever heard of copy trading strategy?
the "copy trade" has been a thing for quite some years now, so there is really nothing wrong (yet) with what he told you. you jumped a bit to conclusion imho, but i understand where you come from. next time at least let him actually try to scam you.
can we all just thisable pms and stop making posts like this? see shit like this on every bitcoin related sub
sells low and buys high.
isn't this like multi-level-marketing, but based on bitcoin?
i hope royethan300 gets fucked x 300. he's definitely a cuck.
posting here was the right thing to do!
i just tell them i am a nigerian prince
god... so you cannot talk in this sub or you get messages... do not reply to
for the low price of 99.99, you too can learns to trade cryptos like the pros
i’m in talks with one. what’s the end game?
i mean just playing devils advocate here but from the other guys perspective, given he wasn’t a scamming piece of shit, pooling together money for a small commission would be worth it to be able to make larger profits. how you go about making sure nobody gets ripped off well whose to say
it looks like he deleted his account! i just tried to send him a message gloating and it said his account is deactivated. good work everyone!
jeez 10% fees, that would eat up most of the profits from the best stock market strategy which is buy and hold s&p 500.
this may not be the hero we wanted... but this sure as hell is the hero we all need!
i hope this dick steps on legos.
this is what i said to one such guy🤣 "well you say that you have the ability to septuple the money on a 72 hour trade and you say you have been tranding for what five years now. in a year lets say thats like 100 trading sessions plus with 99%win rate you win 99 trades lets say you started actually earning money from your 3 rd year that is like 198 trades so if you started with 1^198$. so you wouldn't be here messaging a guy from third world country" just used all the figures he gave me never mess with an mech engineer😜
tell me more about these “mouthwatering profits”.
i am a lot on telegram for different wallets (bluewallet, samourai and such) and the amount of people people trying to scam me is insane. lucky for them i convince them to visit a server i own, so i can see their ip. mostly vpn, but sometimes a home ip in the us. then all the logs, screenshots and stuff goes to their isp and fbi. that's all i can do.
i had this happen with a user on telegram who used pictures of let’s say a “busty” woman as profile pictures. &nbsp; i told “her” i was not interested in depositing my bitcoin, but would send “her” a few satoshis via cold wallet transfers for nudes. &nbsp; that was effective at stopping the messages
ok buy and hold is good and all. but why do not you trade these dips?? it's also profitable on both ways. right?
what sac of shit!
lol i love that you say “sounds good, how do we get started” just to extract the truth
i can see that little tesla icon
i tried to bring my drop down menu to see what my tesla was doing🙄 +1 if you did too
hodl is de wae
who's got the time to be dm scamming? much bad
hahaha i have multiple people dm me with the same thing. i definitely have fun and waste their time on purpose. my favorite one was chick with dark hair and glasses called "sarah wood." at the end i said i would prefer to follow your sister kathy.
i had to turn off dm's on reddit as the amount of fuckheads messaging me was ridiculous.
i got messaged as well... lmfao when they ask me how do i make money off cryptocurrency i said i hold and never sell hahaha 🤪
9 months old redditor with 4 karma. yeah, that is a scammer.
anyone suggesting that it is safe for you to send them bitcoin would be more than willing to send you the same amount of bitcoin to your wallet first. anyone not willing to send your wallet the bitcoin first is 100% a scam. ask them to send you first, you'll never get scammed.
legitimate copy trading is a thing tbf on websites like zignaly. they connect via api to exchange websites so that they cannot actually withdraw your coins just trade them for you
good job fuck that guy
i get these messages every time i post on a crypto sub or join a new telegram for a new token.
i've had a fair share of dm scammers. after a few i'm like, alright, i know you're gonna scam me can you just skip the whole talk and do it already?
sounds like floridian. sunny state with shady people.
so friends what ideas do you have? when to the moon?)
hahahaha. i laugh. reporting me?
hodl, fuck the scammers!
sooooo…. where do i sign up?
someone selling me this dm'd me from a comment i made in r. i took screenshots and sent them to the mods and reported the user as well
how soon till we have crypto mlms the same way that the forex market is deluded? "200 dollars for my crypto class, do not sleep" 😂
idiot. how do people fall for this??? why are people this stupid???
i am from texas god bless america rite?
could tell from the second message this was a foreign bot or scammer. i do a lot of business on ig and get these in my dms all the time.
this is a good way to wake up to “nothing”
“entrepreneur” tag as well. what a cuck
probably an indian scammer..."god bless america" had me dying lol. but good job exposing turds like this, keep it up.
royethan300, definitely some indian guy. those scammers make up the dumbest names for americans.
great work! fuck these swine!
humanity is rotten 🤷‍♂️
my strategy is to buy and panic, sell and panic, watch and panic. works great for your hair.
that's pretty clever. because there are some brokers that do have that kind of trading. i dont rememebe who but i've seen ads for it before. sleazy fuck.
never trust someone who flexes their watch in their profile pic
what a scumbag. thanks for posting op.
i fuck with them for hours! it’s fun
doesn't matter how stupid they are, there will be people falling for them.
always be careful about ppl saying they re "entrepreneurs". it's a word, that does not mean anything positive nowadays. so called "entrepreneurs" are often scammers, liars, or jobless ppl.
i just got someone on linkedin trying something similar. their angle was mining, and for some reason they needed my coins to do so, and they would provide 15% return in two weeks. i played around w them for a while and then reported them.
good shit blue ballsing him op
never seen the alamo in his life, not even online
im gonna try to reach out to this guy and see if i can mirror his scam back at him. (+) i tried but his account has vanished, no trace of this reddit user anymore.
when i was a kid, my momma used to say "do not talk to strangers" and yes it is better to obey her.
he is a legit nigerian prince
“i’m from houston tx god bless america!” that’s some top tier america cosplay
i just respond in mandarin and the bots usually ask why my english is so bad. 🤣
people from houston do not talk like that.
i mean are there really people who still fall for the “deposit btc into this account” scam? that’s as bad as sending money to that nigerian prince
youre the man bro, thanks for looking out for the rest of us!
well handled good looking out
but i wanna make mouthwatering profits...
“hodling is a terrible technique” “just give me some bitcoin so i can hodl it myself”
unfortunately i can see on whalealert that like 5-10 bitcoin(!!!!) gets transferred to known scammer addresses.
wow... mti is all over! i thought it had already blown up though.
i get these randomly all the time
that guy did all his research about americans on reddit.
three idiots like this jumped in my im when i posted asking for some advice. entertained them for a bit then told them to go rub one!
lol, dude even sounds evil at the end. "mwahahahaha, i laugh at your feeble threats."
hah, a texan. more like a schlep in india pretending to be an american. 😬
he's no different than any other altcoin vendor
i got a very similar message! i instantly thistrusted him a) when he told me where he was from without me asking, and b) looking into the subs “he” was following there was a mix of crypto and makeup. hello nigerian princess 🤣 of course he deleted the account 2 days after
>im from houston tx... god bless america this guy got his american larping degree in a milsim thiscord server
i got one of these messages on the subs thiscord. the dm came after i messaged into the beginner server so at first i thought it was just someone reaching out to offer some tips or advice. but as soon as they brought up the copy trading i felt something was off.
reading this makes me sad for humanity
he’s not even a good scammer. english is broken and he’s way too obvious about his intentions. who falls for this stuff? kids?
imagine being the poor bastard who's profile pic this guy copied and opening reddit...
i almost fell for it, just like those nigerian prince emails ;)
even if this guy was trying to slang his bot, he did a terrible job, but he didn’t even have a bot to slang
definitely reads like he’s from “texas”.
what has chad one this time?
i've seen another scam many times on youtube comments. one example here starting from parker133 comment. it's obviously fake accounts hyping this "harriet lopez" and her trading services. i flagged this to youtube but they do not give a fuck.
upvote for everyone to see!! :) thank you for sharing this.
doubling crypto and trimming armor for free
i’ve had the same messages from a u
thanks for the warning, we need all these to be posted.
i cannot see the comment, he is probably gone for good
i'll be buying some bitcoin when it drops to around ,000. if i miss the opportunity and it goes up before then i'll just have to live with the regrets.
op looks like you do not know what copy trade is. what he said is correct and you just accused him being a scammer. he might be a scammer or not but there is no way that he can scam you on well known copy trading platforms. there are different ways of copy trading. there are platforms like bingbon which is actually an exchange itself like binance so you need to send some forms of money not just bitcoin, and apps that takes your binance api and trades on binance or other exchanges.i think dude was just wanted you to copy trade his or someone elses trades (which is not compulsory or anything you can just change it anytime) and get some commission from ref link or trades. next time not just assume that your all knowing and do actual research before calling people scammer.
hello, just my opinion about the cn and btc price (if it is true, we do not know yet) why in the earth the china "control" the price of btc? if the miners was spread across the world i think this would not happen. no btc farms! mining only in personal pc mining with max 2 or 3! this is the solution i think to be real de-centralized. imagine 2-3 billion pc mining, i do not think that this would happen.
nice, he still has the same handle
the irony in crypto traders talking about scams.
i personally loved “houston tx; god bless the usa” lol
sorry if i was obsessed with you
edit: “sorry that i couldn’t have possessed you”
the line doesn’t work when she leaves you on read on tinder either ):
i’m guessing he meant ‘sorry if i upset you’
autocorrect? not sure how, but maybe?
i’m anti-trans. anti-transifying intransitive verbs, that is.
lol… to gain what?
definitely a nigerian prince.
i'm from texas, go america! coca cola!!!
you ever been obsessed? it's some scary shit.
hahahah i laugh you too
what a story, mark!
may i laugh too? hahahahahahaha!
i laugh u poor hahahahaha
hahahahaha oh hi mark
i laughed, he laughed, the table laughed... we shot him & the table.
yup. don't talk to anyone trying to separate you from your coins in any way. this goes for friends and family, too.
hey, how are you today? how’s the parents, wife and kids?
talking to strangers is how i decided to invest in magic internet money!
but you are grown up now and do not be a fool to be scammed.
there's no problem, private keys can be sent in private messages.
send him pics of your private parts in private message, it is so much private
but they do want your money!
> rich people dont need to talk to you this, this is fucking solid ~~gold~~ btc advice.
i do not even understand what the guy was saying so i wouldn't have taken the deal
gullible like 99% of the crypto community saying to buy at 60k?
the game is to be sold, not told.
he's seen people blown up.
these profits are so succulent, so juicy. my mouth, it would not stop watering
that did sound good...
i've met people online (not through the scam)...and that is what they do. they grew up poor and figured out they can make money online scamming people one way or another. it's really sad.
i once got a call from the "irs" saying they have found child pornography on my computer and they would arrest me if i did not send itunes gift cards to them. i'm not sure how low hanging a fruit you have to be to fall for that, but it is pretty low.
no. but scammers do.
sounds like an indian dude larping as an american
yes. well not really. the formal way to greet someone is to simply exclaim, “ the stars at night are big and bright (clap, clap, clap, clap)” and then the other person says “deep in the heart of texas”
he is indian though
no americans actually say that. it’s the foreign scammers trying to “fit in”
nigerian prince boys do.
scammers and trump voters
someone gotta bless those rains in america.
yea if you’re either retarded, the worlds worst salesman, a scammer, clearly not from america, or all of the above.
can honestly say never had an interaction with a fellow american where that phrase came up
i am from atlanta, god bless america 🦅🇱🇷
we usually exchange guns as a sign of freedom first then feed our eagles together.
they do not care about other countries, god bless earth.
no, people from texas usually do.
legally you have to but it’s not usually enforced outside of texas.
it's okay bud! the prince will repay you with his royal bath
do you accept cunrocket holdings? i'll srpinkle some of my cum in there too.
now this sounds like a business
i'm in. just message me when you buy and i'll buy too. but i'm gonna go ahead and redact that 10% commission.
the 10% margin, he is the expert that will take your coins. also, he is a scammer.
copy trading exists, but the scam probably comes once he helps you to transfer money to exchange - or better said, his address. or he might even send you to legitimate exchange and then: 1. earn some money on referral 2. now he commands combined money from all his victims 3. he can go long from his own account 4. pump some shitcoin with low liquidity with combined money from his victims 5. flip the trade and go short from his account 6. dump combined money from his victims 7. he might get paid from shitcoin creators for this if he is smart 8. he might even earn you some profits (but not as much as for himself), and then get you to deposit more, and then either scam you at this point, or repeat the whole process 9. remember, he "you can take your money out at any point and you're in full control of your funds; it cannot be a scam" or he could simply use your added money for liquidity arbitrage bot, which is a service that exchanges sell to shitcoin creators. but he is likely not smart enough for any of those longer-term schemes and will just try to get you to transfer money to his address instead of to exchange by sending you to fake exchange.
exactly, if you wanna copy trade there is already e-toro for that
wait, slow down, i need to grab a pen and paper
likely chinese, they are all over tinder too.
you went back to the carpet store?!
i guess not all roys are our boys... 😒
yea, i’m going to start using “sorry if i obsessed you”
yes, eagles, american beer, and such. say, fellow american: i am from 1 of the only 3 places in us: new york, la, or texas. and yourself?
true, but it is good to remind the newbies every now and then about the sharks lurking in the water.
i think i got more private message request on this reddit sub than any other because the scammers are watching. i deny them all.
:d *cries in tesla fanboy because nobody commented about my t* i kid, i kid.
and waste anybody time who may scam other suspecting, desperate or emotionally vulnerable people.
no, you do not send it to *him*, you sign up for an account at a very professional looking crypto-trading website that you've never heard of and transfer in whatever they claim the "minimum" amount of btc is required to get started. then you kyc a bit, so they have got all your personal information, and that is when the site, and your money, goes away.
hahahaha exactly! basic premise of all scams: "gimme your shit" *logs out*
the account is gone 😄
what exactly is the scam, they take your crypto and dont actually give you anything?? i'm not familiar.
that's the goal. i question how successful it will be, but anything counts!
for real. i have not said god bless america job like a decade. and i'm pretty sure even then i said it sarcastically.
greed or fear, very powerful motivators.
no, profit. the implication is hes sooo good at trading that you'll never lose.
*dances in a lil circle*
they're pathetic cowards, because they do not have the guts to play this game honestly
greed and fear are powerful feelings. hopefully those scammed once are never scammed again and become immune!
always the goal. thank you! it looks like all his comments were deleted so i'm guessing we really did fuck his account hahaha. he had a lot of comments before on various posts about trading and now they are all gone. his account posts are still there, but his account comments are not.
that's the difference between you and me, i never go back to the carpet store.
but the mouthwatering profits!
haha thank you, and nooo. this thing is too cool. it drives itself!
it gets old after the thousandth time. just wanted the gist of it for the post.
son of a bitch, i'm in!
it's pretty obvious. they try to pull the whole "you need me more than i need you" angle, but it does not work.
if reddit kyc, i'd be out of here. fuck that. noble intent, wouldn't work.
*months. 9 months old.
he did not. one would hope, but he did not.
in the end they get you to send them money. whether it be bitcoin, or target, whatever . then they pull the old runescape logout and you never see them again.
thank you stranger! hodl on.
pls refer me. message me pls
he's foreign most likely hahaha. not to imply foreigners sound high, but i think you're referring to his choice of words and phrasing. it's something a foreigner who is trying to sound american would say. "hey dude, how about we go down to the mcdonalds in our pickup trucks. don't forget to bring your bible! god bless america!"
we as a community "scammed" this guy. his account got banned!
true, but this guy specifically looks like he got his account banned from reddit! he had a 9 month old account that he likely had to pay for, so we probably cost him some $!
i know right, almost had me with that one! phew.
but it is worth it because you're the one actually laughing.
absolutely hahaha. love these scammers and their stupid fucking attempts. the 700 comments praising me is also very nice ;)
hopefully they reinstate it. does it just say deleted?
yeaaah, maybe. careful out there friend.
anyone dming strangers on reddit about trading...
i hope you're joking. i do not have to give the tech support scammers access to my computer to know they are trying to scam me. this guy was 100% trying to scam.
yes but on those legit sites about 70% of users lose money. they have to openly advertise this, at least that is the case for the stocks market.
maybe if i sought him out, and maybe in the traditional world of investing. absolutely not with crypto, obvious scam is obvious, avoid!
for real hahahaha. runescape flashbacks :o one of the first times i was scammed. i was devastated to lose my full adamant armor with full helm.
i personally think you are right. the big guys are counting on the peasants to sell while they still have a profit. my thinking is this is a big push for the nwo to buy up as much as they can to keep as few slaves from being millionaires as they can. i always said i could see btc being . is it a coincidence that at .01??? or is that a design feature?
i was thinking the same price range. we'll hoping for it
\>post about unwanted solicitation in a dm and people with fishy post history come to defend the solicitor
wow you're an idiot. if this guy is the ultimate pro trader he wouldn't need people copying his strategy because he is basically a money printer. what he does is risk others people's money and profit if he is right. if he is wrong they lose their money and move on while he loses nothing. so he can never lose in this scenario. if thats not scummy i do not know what is. i do not hear about any insurance on if he is wrong on a trade.
looks like we found u's alt account
you are gay. who says i'm gay? *confused african pickachu face* hopefully y'all get the reference haha
you would be surprised
i enjoy that you’re all over these subs simply talking shit. go take a nap little boy
i wonder if their account is still active, hey u’s a goner, damn was going to pull the old you send me bitcoin first to prove liquidity move in him
yeah not us based.
laugh?! i almost did. 9 months, 4 karma. seems legit. i mean i'm an asshole and i managed to crawl above those stats.
that’s how you know he’s a scammer: here, we say, “god bless texas, y’all.”
that's how you know they are from nigeria.
cue mariah carey's obsessed
...and then thispossessed you.
but he wanted to use a fancy word instead of upset and came up with that thisaster in the heat of the moment lol
the one with the dot or the feather?
hahaha, the table laughs.
your hodl is tearing me apart!
why hello there fellow american
that's a huge bless that goes all the way from canada to the south of chile.
phew. was worried for a sec there.
i want to make you rich, send me your money. there, see this is how you get rich thank you!
it’s staking. basically you take someone’s cash, use it to get a return, and then pay back what you borrowed plus a little more. happens in many areas. for instance, you may stake someone who is gambling (ie you loan them cash and they pay you a percentage of the winnings). this is pretty clearly a scam tho
hahahahahahaha i laugh 😂
i do not actually doubt this part of his story.
that’s a ten :)
you would be surprised how many people fall for it. i've witnessed it first hand several times. the underlying guilt.
they weren't looking for you. they were hoping one of many pedophiles would have got the call and those idiots would be so so freaked out they would have a 90% chance to fall for it i think.
and they *love* to use the bible as a prop. some dude pulled up next to me in the gas station the other day and started going on about how he had some medical emergency and needed , blah blah blah. of course he had his bible right there in the car seat next to him and was all like "bless you my friend, can i just ask you a simple question..." i guess it works on feeble minded people but to me doing any of that stuff to look overly patriotic or religious or whatever is a glaring red flag. same with politicians. the more they virtue signal about being christian or loving america, the more i'm certain they are a scamming criminal psychopath.
scammers not from america. hi. my name is george. i have a heavy indian accent but that is totally normal for georges
i shake my head whenever i see this on a houseless person's sign. suckering on the faith of idiots. "please give me money. god bless!" the first time i see one that says "please give me money. hail satan!” i'll give 'em a buck.
scammers that probably are not american. i love asking scammer callers what time it is. "uh, 2:30..." yea 2:30am you fuck, get a life.
it is funny, considering the majority of americans hate their own country and regularly burn its flag and local communities, as a scammer i'd think it would be a bad strategy to try to get on someone's good side with something like that lol.
what, you think people would do that? just go on the internet... and lie?!
if he was truly a texan, there would be at least 2 y'all's there
have you been scammed by an indian dude?
you forgot to also include the chant usa usa usa
then you ask for directions to the alamo basement to find your bike!
i remember... the alamo.
as a texan i can confirm
not to be political, but i do not remember some major wars and economy crash while trump was on... anyway fuck scammers
no people from the south do not say god bless america when they meet other americans online. that is stupid.
you sound a little bigoted to me. you know what you're doing is generalising right? generalising a bunch of people based on their geographic location. if you think that way about your fellow americans i'd hate to know what you think about us non-americans...
i've been all over this country and no one drops that in an average conversation between strangers. closest i seen of this was during public relations stunts and it was more of a public announcement while getting some free food.
yes, he told me that. he seems like a good guy, so i’ll just wait for the millions to be deposited.
he could run a scam so long and complicated that he accidentally ends up just being a portfolio manager.
a life well lived.
and not just the sharks, but the barracuda, the lampreys, the parasites, etc. crypto has created an entire scam ecosystem with the same basic requirement for sustenance... getting your crypto to leave your control.
sharks? he is like that little fish that swims up your peehole.
i talk to them all and rant about how good bitcoin is for everyone. they wanna waste my time ill waste theirs lol
i accept them all and tell them. "sounds good, but have you hear of cumrocket? invest in cumrocket. it will change your life. your trash portofolio and offer is nothing to me compared to my cum profots. cum. rocket. rocket. cum. cum rocket cum rocket cumrocket i nut on my cum rocket. untill they get tired of my antics and i have a good laugh for wasting 10 min of my life.
so i see your interested in cryptocurrencies?
i made this new account recently, started posting here and immediately received so many unsolicited dms about 'crypto investment opportunities'. far more dms than i've ever gotten in about 7 years of using reddit.
even if it is 100% legit on the technical side it does not make sense overall, if someone is successful in trading he would not waste his time looking for your money, he will just use his.
basically. i was stupid. oh well.
random peopke on the internet offer the contacts of "trading experts" that will help you trade. whatcouldpossiblygowrong.jpg
bad man likes to play sockpuppets. he keeps trying with different socks until he finds one that attracts a following, but that is not because he is good at sockpuppeteering: he just played all of them so, by chance, one will be the one that children find the most attractive (they ignore that they all are played by the same bad man). once he attracted enough of a following, bad man will start to behave badly, trick the followers and take their money. think of the pied piper of hamelin, but he is not even skillful, he just played many songs until one randomly worked.
he can just make a new account. doesn’t seem like a meaningful solution or deterrent. not that i don’t support your efforts
right now each satoshi (0.00000001 btc) ***for those who did not know*** is currently worth the same as . example of 1 country would be venezuela. you could take .1btc and live like a king for years and years and years.
wth is wrong with you. does mocking my english makes you right or superior ? it's not my first language man. and wth is with china bullshit.
my objective was not the defend him. i meant that there is no way to scam someone on well known copy trading platforms. about dm thing yes you are right noone should do that but what ı did not like is that op just accused him with no prior knowledge and research about copy trading. and op's post gets on main page maybe this will affect people's opinion on copy trading which is around for years in fx but kinda new in crypto. and it is fully safe if you now what you are doing.
and what is fishy about my post history? i did not post because ı do not like to make posts but you can see my comments on other subs.
wow you are an idiot. i̇f you read carefully ı said his or someone elses. maybe he is getting commission from that man.
i don't know what to say for this one.
this was literally the second comment i have made in the entirety of r, i would suggest thinking over what you say.
i'm sure he is watching us from above (another alias).
he doesn’t offend he obsesses lol
the real test is to say, 'the stars at night, are big and bright' and if they do not respond with 👏👏👏👏, you know they are full of shit.
yeah seriously, they are saying they are from texas but there was not a single y'all in that conversation
it's pronounced "marie curie"
i think he was maybe trying to say 'offended'
you wont hear about native americans plotting to steal your bitcoins...we have bigger fish to fry.
the dot, most scammers are indian and they happen to make grammar mistakes
lmao you cannot say that my man
definitely the dot 🤣
oh hai mark, how is your stonk like?
oh, you so corny
is that similar at all to proof of stake for eth2?
that is true. i remember once getting pulled over for "crossing the center line" and during the stop the cop was asking me if i had been drinking or doing drugs. after a minute i realized he was probably trying to get me to say i was just messing with my phone and became thistracted. the natural instinct to defend yourself when accused of a big crime is strong.
worked on my gran with dementia to the tune of 30k. fucking wolves man.
some dude called the national guard to clear protestors out in front of his house just to walk across the street and take a photo op holding the bible. it’s getting wild out there!
pretty sure as weve all seen it in the last 5 years, american "christians" are the most gullible people
idk if "feebile" is the best word. it's typically people that are too trusting and they get conned because someone claims to be from their walk of life (religious) so how could they scam me?
i carry cigarettes on me for ppl like that. i don’t smoke.
there's an entire political party of feeble-minded people...
straight up. there are facilities of scammers in india doing this shit as their day job
> hi. my name is george. i have a heavy indian accent but that’s totally normal for georges i’ve known indian georges, and stevens, and thomases. i’m not talking about people who westernized their names to be more palatable to western audiences. those were their given names. christian missionaries have been going to india since at least the 13th century, and maybe as far back as 52 ad if the accounts of thomas the apostle are to be believed. plus there’s the long, complicated history of the british in india. obviously i’m not saying that every scammer who tells you that they have a western name is telling you the truth. and i’m certainly not defending scammers. i’m just saying it’s totally possible to be named george and to also have a thick indian accent.
please give me money. hail satan! now gimme a buck
don't cut yourself on that edge.
it is a new common tactic to have that on the back. they flip it over, people chuckle, they give a fiver. seen it a few times.
i gave 20 bucks once to a guy with a sign that said "let us be honest, i just want to buy beer"
just polishing my ar15 on my porch here. how bout them hotdogs and hamburgers huh?! oh say i can see!
yes, yes! many blesses to you too from the small town of los angels.
and may allah have great smile upon you
i am also american human and not a robot.
not to be political but it is easy to paddle through the calm waters of the previous administration on a raft of incompetence. anyway, fuck scammers
whoa whoa easy buddy. now you are generalizing him. just cuz he has an opinion of a certain geographic location, you assume he feels that way about everyone? i love chicago, but i don’t order sushi there. partly because it’s never fresh but also because generally speaking, people who live in chicago aren’t the best sushi chefs. same reason i’m always thisappointed when i buy a “chicago burger” in california. should i keep buying it and being thisappointed on the off chance i will find a good one? no. i should cut my losses and order something with avocado on it. but when you live in cali for so long you get overwhelmed with avocados. so instead i keep buying chicago burgers. but when i do, i go in knowing that it probably will be mediocre at best. on a side note, americans generalize foreigners as hating all americans. and generally speaking, they are also right. you should watch rick and morty.
yeah sorry, my tolerance ends somewhere before fascist insurrectionist.
don’t think much about you, i would gather.
all hail our lord and savior, zorg
[you're in good hands](
but have you paid the demurrage?
yeah, if you wanna waste your time by wasting their's
this is so cruel. yet i love it
all in on cumrocket 🤙
wouldn't you like to know.
most likely scum wanting to steal your crypto.
man, do not beat yourself up. we've all been there one way or another with something. maybe not bitcoin security, but something. anyone who wants to shit on you is not worth knowing.
what'd they get you for?
true but hopefully redditors will see that it is a new account. the thing with an older account, even with low karma, is that it is aged. meaning people inherently trust it just a liiitle bit more. with a brand new account hopefully people are more skeptical.
umm, no. you do not understand anything.
👏👏👏👏 deep in the heart of texas!
"the stars at night are dark n' dim. over big ol dumb stupid texas!" -patrick star
nice, now i can scam texas people, thanks!
i’m a native texan and have never used “y’all”. but have also never muttered the phrase “god bless texas”. haha. but also, i’m from austin.
think maybe he meant ‘undressed’ you?
me chuckle long time
yikes. you should not be involved in crypto. i hope this is a joke...
"is that your bible?" "it's *a* bible." is still one of the funniest exchanges i've ever seen. especially with him branthishing it in the weirdest way anyone has ever held a book.
they believe in the whole invisible man thing so yea
nothing like getting your "facts" from a website that told people to microwave their iphones, and a lot of us are embarrassed about having wasted too much time on in highschool. it's almost surreal hearing the same people, who would have likely best my ass with a belt for going on a website like 4chan back in the era i was actually in school, now using terms like "anon" in a "serious" political debate.
yeah, looks like a regular customer service department in any large organisation. the workers don’t even see it as being criminal activity
iirc in this ep of reply all ([ the scammer revealed that they all started working at a regular call center and were sort of 'called up' to the scamming tier of the 'company'. all the scammers made tons more money and so everyone wanted to do it...
you have to post an address. how are we going to send it??
shouldn't that be .20? or .66 do not sell yourself short...go for the throat
now we’re talking! i almost thought you weren’t a real american...
who? oh yes alan must, of course i know my frend
read this in borat’s accent and it was very fitting.
i knew i wouls get downvoted into the shadow realm, but i do not even care. i don't think that trump is a good choice not at all, but i do think it is better than biden. plus idk how you think obama did something good as there were pleanty of wars with him as well. america does not have good choices and i do not think they have a single good option tbh. but i stand by my words that biden is worse than trump and everything so far proves it without me needing to explain it. anyway fuck scammers
and how are you different from anyone who says "all germans are nazis", "everyone from the middle-east is a terrorist" etc. you are making a generalisation about someone based on where they live. you are the definition of a bigot.
haha were locked down because coronavirus. there's nothing to do. poor people get bored too - van damme hard target
have you heard of cumrocket?
no doubt about it
umm somewhere between 50 to 1,400 usd. depends on the time of day right now lol. not enough that i care anymore. just wanted to share it does happen even to people who should know better. i really don’t feel too bad about 50 usd worth of bitcoin. maybe it helped feed someone’s family or something ya know.
lol you'll be alright 1 satoshi = 0.00038 usd 1 ves = 0.00000000000299625 usd a person working in venezuela typically earns around 132,000 ves per month. salaries range from 33,500 ves (lowest average) to 591,000 ves (highest average, actual maximum salary is higher). this is the average monthly salary including housing, transport, and other benefits. so yes, 1 satoshi is worth more than the venezuelan "dollar". also trying to talk down on people makes you look like a dick bag. enjoy your day.
^^^ see? that's the test, .
yes, the pee-wee test.
get a dog little longy.
that shit cracks me up every time. but also eg daily is dream girl material. interesting bit of trivia. eg daily is the voice of tommy pickles on rugrats.
i mean, i'm non native to tx, lived here for a few years and i've unconsciously started to pick up saying "y'all" so, there is that.
and we know better. we may not have been born in texas but we got down there as fast as we could.
guess what, you did not know what staking was at some point in time. should your former self never have learned about crypto just because you weren't endowed with knowledge of staking at the moment you were born on to the earth? this is a subreddit for learning about crypto, do not be so condescending when people ask questions.
i'm automatically suspicious of anyone who says "yikes" unironically. yes, i'm involved in crypto because i believe in a mathematically backed currency that cannot be printed by failing governments. the fact that it is worth as much as it is is all i need to know to invest. knowing how it works is just a bonus.
you want to laugh at this guy for that? you probably looked just as awkward the first time you held a book too
yup. they're literally being played like a fiddle by some 4chan dude who probably beats off to hentai every night. i remember one of qs early posts, when it was still contained to just the internet, made a claim of being on air force one alongside a picture. the picture was very quickly shown to be from like google images or something. i thought "lol this idiocy is finally over. they got him." nope
> the workers don’t even see it as being criminal activity whenever i get a scammer on the phone and point it out, they know what they are doing. they just hang up when outted, legit companies wouldn't. if you're having a bad day feel free to abuse the fuck out of them.
thanks for the link! this is mind-blowing! haha!
lol trump is a literal retard.
i did no such thing, i just joined this conversation. ohh did you log into your alt accounts to downvote me?
no 1 + million. a ves is 0.000000328 dollars. a satoshi will be 1136 ves a ves will be 0.0000000000088 btc now, there is no venezuelan dollar. lol. no. just stop. it is called currency and as any is an arbitrary unit of account. you cannot buy anything with that. you could a few years ago. and they have deleted 8 ceros from the original bolivar of 20 years ago. ' so yes 1 satoshi is 10 vnd but you cannot buy anything with that. a candy maybe 500vnd. and still no one wants that banknote. the bolivar maybe special into that there still are some coins and banknotes of lower denomination but they are worthless.
yeah! who needs dumb old texas?
lived there for five years. been gone for quite a while. i still use y’all. it’s a good word.
> the fact that it is worth as much as it is is all i need to know to invest. yikes
i think there are 3 parts fyi, easy to miss the latest one cause it was 3 years after the first 2
even if i get -1mil downvotes i would not delete it sooo just downvote me some if you want, but after you downvote everything i ever put on reddit go check how much money did biden gave to the middle east and see how just after that bombs started exploding everywhere
so you're not calling them fascists?
well you're in luck my good sir. see these 'hodl' strategies of these so called 'satoshis' is in no way of maximizing your potential insane, lifechanging, mouthwatering profits! i'm sure you've seen those insane wallets and insane trades that let you turn one's small investment imto a 'set for life' ammount in no time! i am here to tell you, nay to preach to you about the saviour . do not let the name fool you my good sir. i swear to you, i've been able to pay for my three children's tuition. pay off my morgage, and even buy a lambo veneno with my profits!!! the best part? my initial investment started with only 2,000 usd! that's right with the mere cost of a few days at disneyworld you too can become a true millionair. no, a dear 1%er!. listen, i do not usually tell this to most people but it sounds to me like you're somone who has decent knowledge about this game of chess called cryptocurrency. to spill the beans, we could become billionaires, kings, saviours to our families. i cannot write everything here because there are eyes and ears... so many to pick up on our little 'secret' we can continue this in private... all you have to do is send me a your address (wallet) and a golden goose that lays diamond egga wrapped in ruby jewls to start our investment. i'm looking forward to our partnership! lets go cumrocket mate! to the moon we go. (i do not know why i spent another 10 minuites wasting my sleep... oh and for the braindead people out there, no i'm not scamming. i'm just a dumbass who has too much time on his hands) gn people.
y’all is a great word.
the gender-neutral plural that english needs. plus it sounds friendly. win.
jesus, insufferable dorks are everywhere. i'm sorry you had to be one of them.
i just finished part 2 and thought that was the end... thank you again because im listening to part 3 now 🤣
if it looks like a duck...
have an amazing night and thank you for these laughs, i never thought i could laugh so much at crypto and cum jokes!
not even in texas and i use y'all cause it is just a great, necessary word y'all
true! you are 100% right! although i preffer a passive war over an active one. idk about you
sounds bigoted to me.
haha, you too! glad i made somone laugh!
words have meaning. if you stormed our capitol to literally attempt to murder our lawmakers... you're a fascist. sorry if that hurts your feelings.
your work shall be honored. here's your upvote :)
genuine question. do mining companies pay taxes on the gold unearthed if they don’t sell it?
tldr; a tennessee couple has filed a lawsuit against the irs claiming that mining or staking coins are not taxable until traded because they establish the creation of property. joshua and jessica jarrett are seeking a refund of ,293 for the receipt of 8,876 tezos tokens. they are also seeking a .{} *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
the irs calls crypto a property but wants to tax it like a security and regulate it like a currency.
let’s all hope to god that they win.
this theory is logically correct, but not in the context of normal payout-based cooperative pooled mining unless you are the one that found the block, since pooled mining is often not coinbase-direct but rather transaction-payouts. if they win, great, but if they lose, the reason will be along these lines, and it *should* open the way to tax-free mining income for solo miners.
the + irs = theirs
i do not see the fed paying taxes on the shit they print...
you pay tax on the power you use, you pay tax on the computer hardware you buy, you pay taxes on the house in which the equipment is in and the property… geez louise cut someone a break
the crypto world needs to step up its lobbying game, buy a couple of politicians, and then we can all benefit from the loopholes and exceptions that the bought politicians put into the tax code!
if money you're making from mining is taxable then you should be able to deduct the money you spend on mining hardware.
i hope they win!! they have to win! this seems like an open and shut case. they. better. win!!!
so, to me, this case has a few details worth thiscussing. this is not exactly like creating a cake or something, when you receive mined crypto, they have a very definable value at the moment you receive them. but lets assume that the couple here is correct and they do not need to pay tax at the moment they receive the staking rewards. i do not think its necessary to pay income tax on those coins the year you receive them, but the value basis should be recorded and tracked for when you do sell them. for example, if you get , do not pay anything, but track the date and value. two years later, those coins you received are worth . i would think you pay income tax rates (based on your income the year you sell them) on . in this scenario, that . a sale of a portion would pay taxes in accordance with those rules with a portion as income tax and capital gains tax. i'm no tax professional, there may be better examples or interpretations of how this should work.
this is how it works in canada. no trade, no sell, no tax.
so if this works, and you only get taxed upon sale, at least in the us, you're going to want to be able to calculate cost of goods sold (cogs) by showing your electricity and infrastructure costs required to do the mining. you should only be taxed on your net gain (sale less mining costs), not the full market value of the mined coin. how many miners have a good handle on their incremental electricity costs and and the average kilowatt hour costs over time? rigs used in production should become write-offs.
mined reward coins should only be taxed when they are sold. as income tax, based on the sale price of the transaction. not as capital gains.
people are often offered stock options as part of their compensation package at many companies. this means shares are reserved for them at the current market price, and their ability to purchase those shares at that price is vested over time. it's an incentive to get professionals to stick around for a while. when they exercise those options they are buying shares at the price specified in the option contract. the current market price is always higher than the option price - only an idiot would exercise options if the option price was lower than the market price. the difference between the option price and the current market price is taxed as regular income. the market price on the day they exercised their options become the basis price for those shares. if they later sell those shares then the difference between the current market price and the basis price is taxed as a capital gain. explain to me how this is any different. cryptocurrency coins are not "created". they are acquired as compensation for lending computing power to solving the hashing problem. the amount of computational work required is known (comparable to the option price), while the value of the reward depends on the current market value of the coin (comparable to the market price of the stock). when the cryptocurrency is awarded then income is realized. the miner has been given something of speculative market value. that value would be taxed as regular income by the irs. if they subsequently sell the cryptocurrency at a profit then the difference would be taxed as a capital gain. this would be exactly the same if you had a job and were paid in cryptocurrency. it would be taxed as income based on it is value the day you received it, and if sold at a profit then the difference would be taxed as a capital gain.
i would assume they are not taxable until traded. the building or manufacturing of any product is not taxable until sold. car dealerships are not taxed on their inventory until it is sold. i feel like this is very straight forward as their needs to be a taxable event and making a product is not taxable.
it seems like the irs treats staking as dividends. they do not really understand what it is is the problem.
taxes on currency fluctuations is stupid anyway. when i come back from europe and swap my euros for usd in the airport am i supposed to report the change in currency value from the time i got them in europe to the irs?
while i don’t believe they should have been taxed before exchanging the tokens for usd or other fiat, i also don’t think they have a great argument by saying that they are like a backer backing a cake or writer writing a novel because they aren’t creating anything. they are providing a service to the decentralized network through staking. by staking their coins, they are providing the service of securing the network and, for this service they are rewarded or compensated with coins. let’s say you sell your house with a realtor, well in that realtor is also not an employee, they are an independent contractor and you compensate them for providing you with their brokerage service and whatever services they provide to you when selling your home. they most definitely are getting taxed on this compensation from the services they provided (of course proper tax write offs and money maneuvers can mitigate these taxes as any independent contractor or business owner knows) but money earned from providing services is taxable. but what rate were they taxed at? the usd value of the tezos when they received them? the value of the tezos when they filed? if they paid the tax on them up front and their price went down by the time they filed do they get a bigger refund? could they potentially owe more when they file if the prices go way up? this is why they should not be taxed until they convert them unless the irs has decided to accept cryptocurrencies for taxes
how did the irs know they mined those coins?
this sounds like a landmark case…
property taxes in general are a racket and are unconstitutional
if i 3d print a thing, but don’t sell it, do i owe taxes on that?
i did not realize the government was trying to tax mined coins that had not yet been realized as usd... fuck that - good luck with it, gov.
i am glad someone is doing this. some irs rulings seem illogical to me. for example the idea that if you get a air drop which you might not even know about that you are responsible for tax on that as ordinary income at that time. seems like it should only ever be a taxable event if the owner. that being said...pay your taxes people. if you thisagree with an interpretation pay taxes consistent with your interpretation and then if they challenge you you can explain your interpretation and if they thisagree you can either pay what they suggest or go to arbitration tax court or whatever it is for a formal ruling. its no different than other complicated tax situations. just dont hide stuff and always be consistent in your interpretation to be treated best if you are audited. notice they paid taxes and are going to court to request the refund. they didnt not pay. there are other areas of rulings that dont seem clea ror correct as well. and there is the issue tha tonly congress can actually make tax law and that cryptocurrency is something so differnet that it is incorrect to insert it into tax law created by congress about other types of things whether property or currency. its clear congress when making prior tax law did not mean it to apply to crypto because crypto wasnt invented yet. can you apply a tax on apples passed by congress to a basketball? probably better if congress explicit passes a law on basketballl tax if they want it taxed. the fact that congress specifically avoided making taxes on cryptocurrency is instructive in my amatuer opinion. if congress wanted crypto taxed then they should make an actual law specifically naming crypto as the object to be taxed and come up with some rates. not a tax lawyer. not tax advice. just my personal thoughts.
maybe a dumb question here, but if you’re mining to a hardware wallet and you travel, sell your mined coins in another country. do you still owe taxes to us where you mined them? gets more interesting if your hardware wallet is already overseas. what are you paying taxes on?
they tax when you earn (income), they tax when you sell (gains), they tax when you buy goods (sales), they tax when you save in fiat (money printer), they tax when your goods you buy are imported (tariffs) , they tax you on your property (property taxes), they tax you for medicare, they tax for your social security, they tax you when you die. repeal the 16th.
make taxation theft again
refusing to acknowledge crypto as legal tender, then insisting it be taxed as legal tender is the most government thing i can think of
taxation is theft. bottom line, when only a tiny baby fraction goes to infrastructure that we all utilize the rest god knows where, they’re all diff heads of the same beast and i want no part of. them, the privatize banking cartel; “the fed” or any big govt. this crypto situation is threatening the system and that’s what makes them uncomfortable so they’re trying to regulate it like anything else the free market comes up with
this makes it important to adopt a privacy standard from mining, such as mining only via tor.
do car manufacturers pay tax on unsold stock?
it makes sense, but they will lose
well imo since crypto is not "legal tender" i dont think it should be considered as realized until it is been traded for usd. that's just my 2 cents.
that’s how it works here in the u.k. not liable for any taxes until you turn it into fiat at which point it’s treated as capital gains.
coins aren’t even tangible
genuine question. if you earn money but in another currency, say the canadian dollar. do you still pay taxes on it? i mean, people want bitcoin to be a currency and not a commodity, so it should realistically be hold tot he same regard as other currencies. just because you earn it by mining does not change the fact that mined bitcoins are supposed to represent the future transaction fees, right?
and who is the government? the people the majority of us voters put in office. at least it’s supposed to be that way. do you really want a dictatorship of the minority? or of a tyrant? so much for civic duty...
staking makes sense for this argument but mining is simply getting paid for work that was done, just automated by a computer.
but wait if you mine it they tax you at time of acquisition, can you then claim loss should the price drop? just seems the tax should go both ways.
what are my thoughts? prepare to get taxed like everyone else. dumbshits.
this will probably get buried but if a miner was to say mining was his business, even just a sole proprietorship, could they then use all the expenses against the income. making coins like inventory. or is that just not possible with the way things are?
do miners earn crypto while mining? if yes, then it is taxable income when earned is probably the position the irs will take. it is another form of compensation. i can quickly see how this is going to get complicated.
anyone else start calculating how many tezos the jarret's have. for a stake to generate 8000 coins a year or am i reading that wrong.
what my thoughts are!! staking are profitabel. i mine catscoins 2700 cats with my four masternodes each plus 4-500 cats staking a day. that is 10:) my country do not charge tax from bitcoins at all... super cool.
good for them, fuck the irs
getting taxed on something having a value which technically has not been decided yet? the fuck 'merica?
i don’t understand crypto mining. i thought it was a service-you do calculations for bitcoin and get paid in crypto.
better to vote libertarians next time i guess
read the tax law. it's pretty clear... you all are paying ransom on your dividends...
*the* nashville couple? is every other couple just imposters?
i think this is the same when we get interest on any cryptocurrencies. it should be taxed only when we sell it. can we imagine getting ,000 in interest on (x) crypto (we get taxed on it as soon as we get in our account) and next day that crypto goes to . how do we pay that, if we did not sell it on time?
looks like the china bots are out in force applauding unfair taxation. anyone in a sub dedicated to a currency that is main component is decentralization, screaming that earned money through btc needs to be taxed is either a fucking idiot or pushing an agenda.
brave people going against the irs
weak argument. the tax is on the profit, not any notion of "tangible property". if you do your taxes right you can actually write off any losses or expenses involved in the mining. just like any other business.
if 50 million people refused to do their taxes. what would governments do? alright maybe they’d audit the biggest offenders. if 6 billion people, tomorrow, said they’re never doing taxes ever again. what would governments do? the answer is: nothing.
good. should not have been taxable in the first place as a “currency”. the government is always looking for more ways to steal from its citizens.
how about "it should not be taxed at all"?
wow this is something i hope those guys will win
a win would be a big day for crypto i am also wondering how tax will be on my staked rewards that i never sell.
if you havent sold anything you cant be taxed!
this is amazing! bitcoin is a currency not owned or created by any nation. it is not able to be taxed, it doesn’t belong to them and they didn’t create it. they will do all the framing they can to make people believe it’s property or an asset class. but until you sell and turn it into dollars, they can go fuck themselves. dont let them tell you what you can and cannot do. governments should fear their people, not the other way around.
it shouldn’t even be taxable until converted into fiat. taxing theoretical money is fucked up to begin with.
irs needs to die. true democracy is people choosing how their money is spent, having full transparency and accountability.
1.set up an llc. 2. buy mining equipment and pay electric cost as the llc. 3. take deductions from your "mining taxable income" for the equipment, operating cost and other deductions you are able to take. p.s. taxation is theft, and mining. it's time we vote some new people into government.
>bitcoin is the currency of the internet: a thistributed, worldwide, decentralized digital money. lmao it is right there in the sidebar...
they’re thinking of the coins created by staking as interest.
personally, i can’t see the difference between a crypto staking reward and a stock dividend that’s reinvested. in both cases, the value of that dividend can fluctuate and you can end up owing more than it’s worth. they should be taxed the exact same way.
lets hope they win. but i hope that government doesnt start taxing bitcoin unrealized gains
thats your way of arguing, if i planted a flower at home i dont get taxed if i sold that flower i do.
so on the long shot that they actually win, what does this actually (aside from the obvious). like, obviously it would mean miners't be taxed until they sold, but what does this mean for people who have already paid taxes on that in the last decade or so? would they be eligible for a refund? likewise, could this have any impact on crypto interest? after all, crypto legally is not recognized as a currency, and companies like gemini. are not recognized as banks so "interest" is more of a marketing term than anything else.
uncle sam wants there cut plain and simple see a big potential for this industry 😏
i wish them every bit of luck! the irs is like that first ex wife wife; when you balk at them wanting all your stuff they take your dog too!
what about banks which will pay upward of a million if you can find the new largest prime number. do you have to pay taxes for thiscovering this number even before you sell it to the banks?
if crypto is "currency" then mining would be no different than any economic activity that made you euros or yen, you'd be taxed at the current exchange rate. if crypto is a "product" then mining should be treated the same as producing art or manufacturing so you'd be taxed only when you sold.
you should never submitted a ssn for anything anyways. ssn is completely voluntary in the first place. also crypto is decentralized and proceeds generated from activity is not a us govt established privilege so not taxable at all in the very inception. irs has zero authority on crypto trading.
here in cali they have ppl selling fruits on the street do they get tax for that ?
i love that. a way to avoid unnecessary taxation of crypto. highly doubt the govt will rule in favor but one can hope
damn…never thought about this, i agree with them.
it’s complicated because bitcoin has elements that are both like currency and like property. if your transaction nets currency of course there’s taxation.
this is how it works in most other civilized countries
if i send an email containing information that is valuable, is it a taxable event? if not, then what makes send? it's just bytes and bits am not it?
did the irs tell them it was income, or did they just tell them to mark to market on the day it was created? they created something of value. that is a. marked to market on the day it was created. they have expenses associated with creating a. lets call that b. therefore, your net cost basis (c) for a is c= a-b. cost basis is not income. income happens when you trade it or sell it. when you go to sell your product, you would use the cost basis average--or if you keep spectacular records, you would off set lots. if you get an airdrop, that is considered income with a cost basis being the market price the day you got "dropped." that would be the cost basis for that unit. otherwise you are using a cost basis of . i am pretty sure you do not want to do that. i imagine if you are mining a bunch of coins the bookkeeping can be rough. but for the most part the logic is straightforward.
fuck the irs. don’t pay taxes. shoot anyone who comes to collect. this isn’t america
true americans 1 - anti americans irs 0
if the price falls cannot we claim it as a loss? also if you are mining you should be able to write off a bunch of your expenses, correct
so farmers should pay tax on their crops before they take it to market?
what do they mean 'the nashville couple' do they literally just mean theyre a couple from nashville? if so i find that really silly lol
there are a huge amount of decentralized projects nowadays. and everybody should have their own token. raptor token really really surprised me. the assemblance of charity concept and support by a well funded partner is a win!
shouldn't be taxable until you exchange them for usd.
that's crazy. are we also going to wait until farmers sell their crops before they are taxed?
here we go 🙏
it's income not capital gains. capital gains would actually be a better treatment.
you guys pay your taxes?
genuine question guys: what if you make lets say 100k profit in btc en swap it for usdt at the end of the bull run, do you have to pay taxes on this? i mean... its stil in crypto so its unrealized profit, right?
what if i got coins held onto from 2018 but can’t access the account still taxable??
they will win as well, as long as the courts do not go unhinged liberal douche bag crazy like the rest of the country. but i wouldn't be surprised by anything anymore. there is no longer a democracy. just cronyism
why is everyone arguing against taxation? i don’t understand. they have an investment, pay up. this is why we have a functioning society.
do they want to call it inventory? the irs taxes inventory.
lol, people sue the irs claiming that "income tax is illegal". that does not mean they are going to get anywhere. the irs likes its money and you are not going to convince the irs otherwise here.
they should have some kind of crowd funding
let's leave it to the xtz community to lead the pack again rofl
i was wondering that myself. glad someone did the research on it to back up the theory.
huh, yes, that year is going to be full of surprises and good profit. from what i read mrjobsfinder is one of the bestbsc platforms with interesting jobsuggestsions. have you take a parted?
never thought about it like that- i would assume that they don’t but i could be wrong
or what if i grow some vegetables and occasionally sell some at the local market—am i taxed on all the tomatoes i grow or just the ones i sell?
exactly it should be income when you sell it...
that's essentially the argument i think. they want it treated as property which wouldn't be taxed until it is sold or traded
i know this! they don't. google kennecott copper mine. fun fact: they actually dig up enough gold to be classified as a gold mine. they stockpile it instead of smelting it because once they smelt it, they have to pay the taxes on it. now, i would assume that they only smelt it because they have a "buyer". i was just a haul truck driver. edit: need to clarify... they do not smelt all of the gold because if they did, they would have to reclassify as a gold mine and be put into a much higher tax bracket.
depends on the country. some country have essentially a "natural resources tax" which means because you're taking literally the ground out of the country and selling it - you owe the country(government) money(tax). so i'd be wary of using that as a parallel.
i feel as though they would pay an inventory tax on it, like metal producers. i work at an alumin(i)um plant and they pay a tax on stockpiled inventory that hasn’t been sent to a customer yet.
i don’t think mining is the right idea in this case since it means the gold already existed in that location. i would say its a lot closer to making gold or diamonds in a lab.
probably not income tax, but there are other taxes called severance taxes they have to pay. all forms of human activities are taxed somewhere.
yes, if you file your business taxes responbibly, you have to declare valuable assets which includes any holdings of any tangible value.
a point to consider is that transaction can be made with bitcoin. the implication is that it needs to be taxed before you can spend it, much like with fiat.
nope, it’s used for laundering a lot of money too
no. they own the gold. whether it is the right to the gold on the land, or the land itself and there fore the gold in it, someone owns that right. governments can provide that 'right' on a share basis, ie; you mine it, can have it all in this area, but we get 10% of profits' which is a commoner purchase agreement.
depends on where in the world you are. i'm positive that goods regularly cross borders prior to meeting some taxability requirement. i would go so far as to assume that conventional mining companies spend big money to ensure these loopholes stay open where they do exist.
gold doesn’t come out of the ground in coin form. i’m not saying i support taxing it but this is a horrible argument.
or when the money printing machine goes brrrrr, do the they pay taxes on the amount of brrrrr
i’m not in metals, but as a sand and gravel producer we pay taxes on material we have processed. we mine the material and stockpile it for processing. once it’s processed it becomes taxable.
ianaa(ccountant) but i believe the company cannot claim "cost of goods sold" unless they sell "goods." most companies operate on cash flow, so the costs are not attributed to creation of a specific item. they sell things, and they claims costs to create and sell those things. if you are not claiming cost of equipment and electricity to perform the mining, it seems reasonable (to me) that you could retain the mined coins and not trigger a taxable event until exchanging it. i approve.
>a few years ago, a couple in california found . which is basically the dream (and was my childhood retirement plan, if we're being honest). >well, they got to keep about 53 percent of that dream. the other 47 percent went to state and federal taxes. the couple didn’t even need to sell any of the coins – tax was due immediately based on the estimated value of the coins. >the reason goes back to a landmark case: cesarini v. united states. cesarini bought a used piano for (the 1950s were a different time) and later found ,000 inside the piano. cesarini argued that the found money didn’t constitute gross income per the tax code (as it was then written). the irs thisagreed. the irs won. >the case helped clarify what items are considered gross income per the tax code, extending the list to include treasure troves." not sure if that applies.
the gooberment will try to rob you any way they can.
alcohol companies get taxed on production, regardless if they sell it.
either way bitcoins purpose no longer exists...🌚🦄
i get that, but i can trade crypto for goods and services while avoiding an income tax event. with gold, you could feasibly trade gold for something, but that might be illegal without paying some sort of extra tax. i’m not sure. it’s a good analogy, though, and whatever law applies for one should probably apply to the other.
yes, i know that mineral deposits have a market value and taxable value in texas at least. their property tax is pretty dumb
they do! many countries have royalties, plus some like china have a flat fee per ton ontop of that as well. and then they pay normal taxes, mining tax and export tax on top too
what percentage of total gold unearthed is not sold vs. what percentage of bitcoin is not traded?
i think gold mining companies pay taxes on the gold when it is removed from the mine. if they mine it but leave it in the mine it is not taxable. i base this on an article about a mine in alaska that left some gold inside a closed mine over winter to avoid taxes. the gold was actually stolen and they claimed a loss. the difference here is that gold is a form of currency, but is also property. crypto is just property.
they dont, and you only pay taxes on gold sales above 15k i think. the issue of being taxed before selling bitcoin that has been mined was brought up a few years ago by a few congressman i think as well. they compared it to gold. it is wildly unfair to pay any sort of tax on mined bitcoin or any cryptoasset before you sell it. where is the money coming from really? if i work full time and make 35k a year after taxes from a desk job. and mine 15k worth of bitcoin but never sell it. according to the current laws i owe the irs money for the bitcoin i mined, each and every time i recieved some, at its current valuation at that time. *without ever realizing any of those gains.* which means the money they would get from me if i never sell the bitcoin would have to come from my desk job. which is completely unrelated to my bitcoin. or i can liquidate some of the bitcoin to pay the tax, which also gets taxed, again, on capital gains. so with mining bitcoin you get taxed each time you recieve some. and then again when you liquidate it to pay your taxes. if you dont liquidate any you have to give them money from your other job... which you were already taxed on. it truly is fucking bullshit.
"mining" bitcoin has only the name in common with "mining" gold though. when you mine gold you do not offer a parallel gold market transaction verification.
no they do not because they are not realizing gains.
here's the deal. gold is a commodity that is bought and sold on a market for uses other than currency. the market transactions that facilitate the change of hands of this commodity is taxed. cryptos like btc are, by definition, currency. money. if you put money in an interest bearing account and make more than . interest earned is taxed. these guys want it both ways. they want their crypto treated as a commodity for taxes but they want the income as liquid money. is btc money or not? is tezo money or not?
ah, i'm starting to see why people vote for republicans now.
crypto enthusiasts call it a currency, treat it like a security, and want it taxed and regulated like it does not exist.
this sub calls crypto a currency but does not want it taxed like a currency. seems good
forcing liquidation of property to pay taxes seems unreasonable.
would the purchase of mining equipment itself be tax deductible i wonder?
what if they used p2pool where the payout is in the coinbase?
> tax-free mining income for solo miners. or in other words "mining rig? what mining rig?"
i will never ever again confuse how to spell this word.
i mean taxes benefit everyone, so, then it is ours?
i just learned a few weeks ago there is no tax on the sale of water in my state. what else do you want!
and the cost of the tokens for staking would be an expense too. i.e. i buy 2 cows to make one cows. i buy 10k of ada to make more ada.
what you’re talking about is tax basis, sometimes referred to as “previously taxed capital,” which is how taxable gain. and you’re right, this is exactly how it works. (assuming you’re not subject to tax upon initial receipt of the coins.)
yeah but if you decide to trade our taxes are insane
i do not think that is correct. i'm canadian, an accountant, and our firm deals with tons of crypto and this has never come up. mining, and taxed when received. it's not my specialty though. do you have a source for this? i agree there is no tax if you purchase crypto with fiat and do not trade, but that is not the thiscussion here.
big difference - this is a decentralized network, no one is paying you. you are creating the coins.
yes, but how does one irs?
no they will not be permitted to tax our landmarks! that would be the final straw! the landmarks will be thrown into boston harbor!
you owe taxes in your country of residence. it does not matter where you mine them.
are you a us citizen? if so, our greedy country is one of only a very few in the entire world (single digits out of roughly 200 countries) that tax income earned anywhere in the world. there are certain treaties in place that can mitigate this depending on location and source, but our government is an unrestrained kleptomaniac when it comes to people's property.
there were some pretty hardened defenders a few posts above... i’m curious as to why none of them replied to this comment yet ...
it never has been, idiot.
i need this hat
this has nothing to do with legal tender.
intangibles can be taxed tho.
>if you earn money but in another currency, say the canadian dollar. do you still pay taxes on it? yes
yeah, the "agenda" is that if you want to live in this country you get to fucking pay for it.
haha you're funny. like the republicans are not taxing all the ordinary people and giving it to the ultra-rich.
they go after the little guy unfortunately. the biggest offenders are the hardest for them to go after. our irs is defunded for that reason specifically
untrue. in this case, they’re being taxed at the tune of creation via mining.
> if you havent sold anything you cant be taxed! that is only for bitcoin you buy, not bitcoin you earn.
> thats your way of arguing, if i planted a flower at home i dont get taxed > > > > if i sold that flower i do. except it is completely different. they are saying if you grow your own flower at home, you should not be taxed when it sprouts, then taxed again when you sell. they are saying you should only be taxed when you sell.
eat the flowers, then dare them to look for what's taxable after.
maybe so but if you are in the usa, while you’re claiming that, the irs will be auctioning off your house and car while preparing evidence for your criminal trial. welcome to america.
> here in cali they have ppl selling fruits on the street do they get tax for that ? do they get taxed when the fruit sprouts then taxed again when they sell? the lawsuit is arguing that crypto miners should not be double taxed.
i'm gonna assume in your example you bought a btc for say 1,000 then you later converted it to usdc for 101,000, thus 100k profit. yes you would include the 100k as income in your return and get taxed on it. there are exceptions to these types of things backed into the tax code for securities, but nothing like that yet exists for crypto.
wouldn't that mean they are paying taxes on money they do not have? its like paying a tax what your house is worth if you sold it, even if you have not sold it. if your house could net you 200k profit...thats a lot of tax on money that you dont' currently have.
do you pay taxes on assets you haven’t sold or made money from yet? that’s the issue i think people are arguing against.
> do they want to call it inventory? the irs taxes inventory. pretty sure legally it is classified no differently than stocks. someone can correct me on that though.
nice shill, one day old account.
i'm a cpa, not claiming to be versed on this issue... but i'll speak authoritatively, for simplicity. "creation of property" refers to art works... things of unknown value. mining gold, coins, etc... has a *marketable* value. the value of the creation is known. if i take a pile of wood, and assemble it into a house, gaap accounting means i recognize the gains as soon as the house is assembled - based off of appraisal estimates. ei, the house is no longer ",000 of lumber" but ",000 for a house". i would think taxes would work the same, with the possible exception of small enterprises (), that are 'cash' based - but even then it is semi-sketchy. these thresholds update (could be as high as 're forced into accrual for inventory), but the root interpretation is to recognize income as soon as it is 'known'. coins are obviously marketable, the profits are known. the standard interpretation is recognize the 'active income', then capital gains based on when you sell. there might be exceptions... but i do not think 'creation of property' would be one - only cash based vs accrual (gaap) for tax purposes, and even then it is somewhat iffy if cash. however if you are a small fish (less than 'sales'), it is hardly worth the accounting nightmare to do it all properly and the irs does not much care. to do correct, true, perfect accounting on stuff like this, you might be looking at ... or 10% of totals. at least that is my opinion. it's a freaking nightmare. with a possible owe of . you'll likely spend twice the tax amount in fees... just pay some tax and be done with it.
mundo file copyright infringiment!
if i am holding a bag of tomatoes when the tax man comes asking for my unrealized gains, i think he will get exactly what he should expect to get.
to make it worse, the price of tomatoes could drop drastically by the time i make it to market, but the taxable value is whatever the price was when those tomatoes were harvested, no matter if they were kept and canned for later use, sold, traded, or lost in the field. (i’m definitely not talking about tomatoes here)
there are some people who hate crypto that likely think you should be taxed on the idea of even growing tomatoes. i do not know if they are jealous for not understanding how it works, or just so resistant to evolution they are willing to even go backwards in order to avoid going forward.
am not a financial officer but based the gov can tax you up on what ever sources derives
this wouldn't work necessarily. imagine extracting gold worth 1 mil, only selling to cover expenses, the profit part you borrow against at low rates. this way, you keep your assets, get equal value in cash to spend as you wish inside the company while showing near-zero profit to pay taxes on - perpetually if you wish.
and you shouldn’t have to pay a tax on your income anyway. we have become numb to how outrageous that principle is in and of itself. you have to bribe the government for the right to earn a living. the person who pays you has to bribe them for the “right” to pay you.
the key thing is crypto by taxing miners they are legitimizing the coins. the issue is with it not actually be a currency it should not be taxable. it’s not a currency. and for sure not income until sold.
would this hold on the idea that when i get paid, i am just holding it and should only be taxed when i spend it? to me, as the "property" in this case is an actual currency, then if currency is treated the same everywhere, i should only be taxed when i trade.
the difference is you can buy stuff directly with bitcoin.
it’s currency, it has value when you obtain it, thats income
so they only smelt it when they dealt it?
but not is the same thing gold ore does not have value. gold does. when you smelt it you convert earth to gold then it has an establishable value. bitcoin has a value the second it is mined.
>which means because you're taking literally the ground out of the country and **selling** it right, and that *sale* should be taxed. op is saying that there should be no tax assessed until the mined material is sold.
i'm not entirely comfortable with that, unless the reasoning is explained to me clearly. and even then i reserve the right to be skeptical.
sales tax is enough...i know we don’t have a federal sales tax
since the goverment does not consider bitcoin a currency would a bitcoin transaction be considered a barter?
republicans are just as bad. they just spend it on different things. politics is just theatre with real world consequences.
i'm a liberal and i thought with trump at least i'd have lower taxes. nope. one job... that's why i'm extra salty.
lol republicans just give tax breaks to their already wealthy constituents. they are so fiscally irresponsible it would be hilarious if it was not so sad how the wool has been so thoroughly pulled over their own voters eyes. all they have ever done is lower the corporate tax rate and increase it for a majority of american families.
uh. why? i still do not see it.
this is not that kind of tax break. most republicans' stance on tax is that they should not pay so much of it because they are not using government service x or y, which is also funded by their tax dollars (hint: it is usually the services poor people use). that's a very shortsighted and selfish way of looking at things. this is more about the technicalities of mining and staking and what kind of income-class they should fall into. personally i think it should be classed as regular interest and should thus be exempt up to a certain amount.
our side wanting to tax the hell out of everything does lose us votes. just today, biden's proposed budget spends over ,000 per every single man, woman, and child. that's over ,000 for a family of four! do you have that much lying around to pay in taxes?
it's a reputation thing they built up with no substantial proof. google economic nexus and state sales tax. everybody wants their cut no matter what party.
because they don’t understand tax law?
only if you like voting for an entirely corrupt organization full of liars and hypocrites who literally reward misdeeds and punishes the rare act of goodness that comes from their party and who are hell bent on taking away people's rights and moralizing based off ancient arcane rules and like clockwork ruin the economy every time they get their hands on the reigns. otherwise, nope. i'll take a bit higher taxes over relentless assaults on the american way of life any day.
because you're an idiot? this has nothing to do with politics.
satoshi nakamoto called it a peer to peer electronic *cash* ...as such it should be categorized.
>this sub calls crypto a currency but does not want it taxed ~~like a currency~~.
and this sub and the irs are both technically wrong. it's software. it's more akin to speech than money.
i thought that was the whole point of crypto…
but thats exactly what they do if you cannot pay your property tax. they take the property and auction it off to cover the taxes due.
as an older baseball fan i remember when barry bonds broke the home run record and the guy that caught the ball was forced to sell it to pay the tax bill. he was taxed on the estimated value of the ball he caught. sucks.
already is for companies
i believe that you can only deduct the mining hardware of the mining income is reported as a business.
then that’s s yolo. i buy 10 btc on expense to run ln node to earn satoshis. if it fails i have a tax write off and loss if i sell. so then i can buy bitcoin as a business and keep it in. whenever i need to use it i can borrow money with bitcoin as collateral. and in 20 years instead of taking them out and pay taxes on it, i lose the private ket and write it off , then move to jamaica 😂😂😂
even pos requires some networked computer equipment. just not as much as pow.
unrealized income. been mining for 6 years and have an accountant looking after my tax obligations.
i thisagree, i can’t just go and create tezos tokens, the decentralized network itself needs to agree that i earned these coins through validating transactions on the network with my proof of stake so when the other users of the network agree that i should receive these newly created tokens based on my proof, they are then "awarded" to me, the entire network should be taxed accordingly for creating the tokens with this mentality. for clarity, i didn’t create the tokens, the network itself did, they were just awarded to me.
haha an extra y goes a long ways
you're in a btc sub trying to argue "decentralization is bad." absolute clown take.
there’s where your wrong kid. it’s called raising a war. today we call them treasury bonds.
i fully agree with the beginning of your statement: without taxation there would be no government, good - case closed.
there was no income taxes until after the civil war and even then it was only the super ultra rich that were taxed. then they lobbied that everyone should pay their “fair share” too and now we have the irs.
thank god we have a government to bail out the big banks when they carelessly overleverage their position, knowing that they are too big to fail and that taxpayer dollars will cover their losses. i'm so glad the government keeps a tight leash on the stock market and trading houses to make sure the big hedge funds cannot illegally sell more shares than exist in an attempt to steal property across the country while making billions of dollars profit. i sure am glad we have a government that makes sure the largest companies in the world do not pay the least in taxes. just today we had some nice lip service from our elected leaders who dragged the giga rich banking ceo's before congress and handed them a strongly worded letter denigrating their 12 billion dollars in overdraft fees taken from the poorest in society during a pandemic. i'm sure that would not happen again. ' comon dude, it is time to grow up.
and how does any of that justify theft?
they can always print more money
the only correction i would suggest is that corporations are government constructs and do not exist without them.
>who's gonna pay the salaries of public officials? money printer go brrrr
just because you're incapable of understanding how society would run without unnecessary taxation does not mean it is impossible. try educating yourself
>the way i see it, if you're earning cash through btc there is no reason that should not be taxed the same as income. then you do not understand why btc was created and are part of the reason why governments will slowly be allowed to prevent it to their liking. you're attempting to force people to pay for things that *you* deem necessary under the threat of violence. great job. very altruistic of you.
this sounds... perfect. save my time and send me a bill for my amount payable, like every other exchange of value in existence.
how would the irs know we are even mining?
wrong again, ive planted grown onions ate them, not taxable either.
happens all the time. my company gave me a big bunch of stock in december. in january the stock plummeted to half its value. i still had to pay tax on the value i received \*in december\*. i had to sell a lot of the half-value stock in april in order to pay the tax. selling the stock generated a \*loss\* for me, since my "cost basis" was the price in december. i slowly used up that hypothetical loss for years against each years gains. whole thing sucked, but got had an accountant and a second opinion to be sure.
property tax would fall under this category right? i own my house and land but annually i still have to pay taxes on it. same for cars and boats etc.
thank you for reporting.
they must of looked into and questioned how and why the us gov is trying to dip more than they already are.
ya seems fishy, i make wedding bands for a living. when i turn ’t have to pay taxes on it till i sell it. even though i created something more valuable.
>gaap accounting means i recognize the gains as soon as the house is assembled. ok. but i do not think you have to pay taxes on that gain until you sell the asset? also, i thought asset should be on the books for cost, not appraised value. you should have booked the costs of raw materials and labor to assemble the house, and capitalized them, but recognizing a gain from appraised value, or using the appraised price, i did not think was gaap. please correct me if i am wrong.
hi there! i'm an accountant, cpa eligible but not a cpa. i've also directly worked with construction accounting. when you convert 20k lumber to a house (let us assume that there is absolutely no capitalized labor, just because you have not included any in your example)... you have a 20k home in your finished inventory. it moved from construction in progress to finished inventory and has never once touched the income statement. appraisals are not considered unless you are writing the inventory down to market (in the case of an impaired asset). here is a source with a breakdown for us gaap. edit: actually appraisal would come into play for ad valorem taxes. is that what you meant?
do farmers pay taxes on their produce after farming it, but before selling it?
are farmers taxed on their crops before they are sold?
i want to point out that stocks do not get taxed until you sell them. if the sec is going to make the case that all crypto is securities then they are going to butt heads with the irs. they cannot tax securities until you sell them.
i think you are confusing ppl who don’t know that gaap is used for bookkeeping and not tax purposes.
> if i take a pile of wood, and assemble it into a house, gaap accounting means i recognize the gains as soon as the house is assembled - based off of appraisal estimates. ei, the house is no longer ",000 of lumber" but ",000 for a house". at what point do the materials become a home? when the home is 100% complete? 80%?
i'm not an accountant but i'll speak with authority because what i'm bout to say is better served by it. not mining, but trading. when you transfer money from one account into another, it is not a taxable event. if a friend gives you money, it is not a taxable event. if you give money to someone on the street, it is not a taxable event. this makes sense because no value or wealth is added to society, only moved around. yet trading crypto is really just that. the process of trading from one account into the next. the crypto does not change (perhaps investment , but this factor is exponentially less) and no value or wealth is added to society yet the irs will tax each and every time. and unless you are a registered trading company, your losses are limited to . this is the irs siphoning wealth from crypto, pure and simple. no way in hell the us would ever ban that. and since the fed reserve cant raise interest rates on a debt ridden society without breaking it, this is how they are cooling inflation. our whole system is a wreck, and i'd veture as far as to say illegitimate. i really do hope crypto has the power to change the social contract because i do not see us getting freer in the current system. rather the future is being forced to pay the past debts. out there, sure, i'm not a stranger to marginal thoughts, but the principle is based.
>the value of the creation is known. this was not true in 2013 and is not true for today because the value of the network will show itself in 10 years. what a bs, this is all because you do not understand what your talking about! example: lightning network(ln) was not even conceived or invented in 2013 when miners in 2013 did mine, the value of bitcoin without ln was way lower than the value of bitcoin with ln. this is same as saying that tcp, netflix, internet streaming, etc. etc. what a **bs** ' >the profits are known no it is not because we do not know when btc will hit 100k, 200k, 500k, 1m, 2m, 5m etc. when the mined btc **will** be sold. ' >if i take a pile of wood what a bs comparison, i did not know that wood is a protocol and has a unknown future value because of network effects etc.
so i'm 13, mentally...but legit question: if you're an onlyfans producer and video porn is your job - making - you've recorded 3 sex videos technically for yourself... by this theory you explained, those videos have marketable value therefore you're 'evading taxes' unless you claim or publish?
that's the difference between property and gains though is not it? you pay a property tax on a house and pay gains or income type tax after the sale. staking i could see as being taxed the same way as like a stock dividend, but coins themselves that are being held, does not make sense. just my 2 crayons... make that 1 crayon... make that none. sorry
this doesn’t sound right to me. if i am a company and i buy raw materials then that’s on my balance sheet at cost. then i assemble it into inventory but that is still a cost on my balance sheet and i do not have reportable income, this is essentially all still working capital. only once i sell it do i earn income and my cost comes out as cogs from the revenue before calculating the income. there are no “gains” ever to be recognized until something is sold.
there needs to be a taxable event. creating or manufacturing something is not a taxable event.
so staking would be like getting a dividend…
as a business owner i think it would depend on the usage, plus how can the irs establish a taxable price point on a volatile asset that fluctuates in price...? if they set a market price at 50k per btc and it drops to 42k do i get to write that loss off for next year 😉 just curious.
abolutely interesting perspective and analysis.
how do i reduce my tax liability making over 400k a year
yeah a bag of rotten tomatoes hehe
then if you were to sell your "tomatoes" at the future (lower) market price, and you had already paid the tax based on their value at the time of "harvest", you would report a loss on the difference between the value at harvest and the value at sale
"well, the water, dirt, and air you used to grow tomatoes should definitely be taxed" -a nestlé lawyer
*elizabeth warrens scribbles furiously in her notes.*
you should be taxed for trying to sell that strawman
> resistant to evolution *obstinate* - a word that i just learned the definition of like a week ago, fits perfect here and makes my brain feel big when i say it.
similar structures occur in the investment world.
ever wonder why many of the rich have a mansion in florida as their "primary residence", even though they are rarely there? it has no state income tax, plus your pr cannot be taken to settle a debt or lawsuit. if you own three houses there, the courts can only take two of them. so, you move to florida, pay cash for a big expensive mansion with funds from some vaguely sketchy source, then you borrow money against it is equity at low rates. something something family trust something cayman islands nearby something something...
but at some point you have to either sell some btc or earn money elsewhere to pay the loans off? if you’re earning money elsewhere then you’re paying tax on it, and if you’re selling btc you’re paying capital gains tax, correct?
and then the tax man gets his share when it is eventually sold. i get it but i also do not get it.
you’re just describing cash flow for people with wealth
imagine — mining , paying taxes on , hodling for 8 years, selling same gold for ,000 with .
what real estate is currently... that’s showbiz baby!
that’s literally how it works in the real world with any other asset.
i hate break it to you, but this is exactly how most of the wealthy operate.
until the value of gold drops... edit: actually this wouldn't even work if gold always appreciates in value. it would only work if gold appreciates enough to cover both your interest and operating expenses
there are plenty of places that have different tax laws. if you do not like the services that your country is providing for the cost, you can use your free choice to pick one that is more agreeable to you.
the government taxes people so it can fund public services like infrastructure, law enforcement, fire departments, the military, education, welfare, wic etc. "b-b-but muh market! those services can be provided by contrac—" not an argument. daily reminder, being an ancap is not a valid belief to have. inbox replies thisabled
but according to the irs it is not a currency, it is property.
it has value, yes... the issue is that unless you sell it for fiat or exchange through transaction, the value has not been established. btc value fluctuates wildly. it is absurd to think that the irs would be able to tax miners on speculative value. example: mine 1 btc worth 60k at that time. elon tweets that he hates bitcoin same btc now only worth 30k after market crashes. are you suggesting the irs be able to tax on the speculative and unrealized profits of the initial 60k?? cryptocurriencies are going to end up being a nightmare for the tax code given that an increasing number of businesses are now accepting it as payment. but how to value or tax something that has such wildly fluctuations in value? the only realistic way to do so would be to adjust or migrate all together to a federal sales tax. on purchases made with crypto. and keep crypto earnings out of the income bracket. if it is cashed out into fiat through banks... it is taxed as income... if it is spent through transactions... it is subject to sales tax... only way to fairly and accurately evaluate and, or realization of gains.
of course gold ore has a value.
yeah i'm not sure if the mining resource tax is levied before or after sale - so again - caution with the comparison until it is confirmed.
i see it as an asset more than anything and you make a valid point. i’m sure we can all agree the irs can get fucked.
and republicans figured this out better than most, as two of their most lauded presidents (reagan and trump) are literally professional actors. they do not even try to pretend anymore that it is all a really shitty reality tv show with literal life and death consequences.
agreed. it really is both sides. anyone that wants to thisagree with that has been sucked too far down the tribalism hole.
no. they are not talking about taxing your wealth just cuz.
"just as bad" lol. more like 1000x worse! democrats at least try to do good most of the time - they do not always get it right though of course but they often do. republicans actively try to do bad 99% of the time, and if you're a republican who steps out of line a speaks up or tries to do something good they pretty much end your career, which is why republicans have become fanatical extremists over the past two decades, cuz they simply cut out of their party anyone who even remotely thisplays a will to occasionally do good or advocates for even mildly moderate positions.
yeah, it is libertarians who are limited-tax across the board, not republicans.
the entire government (rs and d's) is fiscally irresponsible. that's why i do not want them to have my money. if you feel either side has "your" best interest in mind, it is your eyes that are covered in wool.
i think it has to do with lower taxes. edit: i’m not arguing for. reply to op for that. i was pointing out what they said.
gotta turn off the media and hop in the trenches of information warfare to really understand. but both sides are dirty overall though.
because you spend too much time on reddit
check gas prices, lumber prices, corn prices, wheat prices, milk prices.
imagine working extremely hard and getting a windfall amount of money, then it’s taxed heavily and you see at least a 3rd of it thisappear to taxes. that’s why.
to play devil's advocate here: we've done ourselves an injustice by leveraging our future. we are refusing to spend , but it is going to cost . this is where we are today. in 1970, if you were making , you'd pay the government . in 2020, if you were making the equivalent (), you'd pay the government 'd pay in equivalent dollars in the 70s. this is true regardless of how much you made (although it is thisproportionate, where those with more $). so, if i told you that you had 1, how would you manage? you need a new roof? well, maybe we can stretch it a few extra years, whoops... now we have a leak. so that +repairs. rinse and repeat.
biden's plan is accomplished by taxing the uber-wealthy and corporations though. his plan does not include any tax increase for the lower and middle class. in a world of massive rising wealth inequality, *this is the way it should be.* and if you're somehow against taxing the wealthy (surprisingly some are) i do not think some of you are aware of how massive the wealth inequality gap has gotten post-pandemic. it's roaring 20's level of ridiculousness. and the only way we resolved it then was with progressive taxation in the 40's, which then led to what is called the "golden age of economics". and it also allowed us to fund social security and medicare. the parallels are there.
yup. at the end of the day we all just rent our property from the government.
then we get to watch the new wealth systematically stolen and auctioned off to the highest bidder. usa. usa. usa. usa.
didn’t know that! such bs.
can you also deduct depreciation as well?
yes on a schedule c. takes 1 minute
if you are a sole proprietor, your business amd personal filing are one and the same.
i would reckon that most people who will use proof of stake will do so thorough a third party staking service. when “mass adoption” actually comes, if it comes. therefore it is a stupid argument to say that you should deduct “mining hardware” which is most likely little timmy’s gaming rig.
hmm. i'd question that. in tax there are unrealized capital gains, but there is no such thing as unrealized income. with an unrealized capital gain, you've purchased something with funds that have been taxed, so it makes sense that there is no tax until you sell the asset. earn money, get taxed on it, then buy crypto with it, sell it later, capital gain or business income on the difference between cost and proceeds. say you did work and were paid in gold bricks. are you saying until you sell that gold, it is not taxable? in that scenario, say the gold you received was valued at ,000. then you sell it for ,000. is the logic that you're only going to be taxed on the ,000 when sold (either as a capital gain or as business income)? that wouldn't make sense, since you earned the first ,000 (the value of the gold at the time). that initial barter transaction has to also be taxed. i'd get a second opinion. you're likely running a business and not reporting income.
they are \_created\_ then \_assigned\_. no one owns them before you do. how is that different from you creating them ? plus, it is not that you first validate, then the tokens are minted. rather, you validating them and the coins getting minted are one and the same. it's like building a car and you owning the car. it's not that you build a car and then society rewards you the car for it. building the car and you owning it are one and the same.
he's also on reddit, who is basically filled with people who quite literally worship the state.
police fund, health fund, education fund, electricity fund, food safety fund, air pollution control fund, justice system fund etc etc, untill you realise you have to negotiate all of these yourself and it is easier to employ some administrative staff to do it. so you do and call them government... oh wait no terrible idea. better to just live in separate self contained armed family compounds and shoot anyone that comes near, because taxes are theft i tell you.
yeah, because being directly ruled by mega corporations would be so fucking great.
what a dumb ass.
it's all well and good to say we'd be better off without them - i hate the government too a lot of the time, but it could be a lot worse.
enlighten us on how people would goven the society then. would it be like a tribal style government as in afghanistan? a anarchy like yemen? a dictator like north korea? or a king like "take your pick in africa"? i cannot think of any modern or historic government style that did not have taxes. just because the us is the most capitalistic society does not make democracy a failure. we can look at new zealand or sweden where people are happy to pay 60% of their wage in tax for a very comfortable life as middle class.
you would get rekt by war lords
is that a real thing that people actually believe? what exactly is your alternative solution? how are you going to fund education, roads, emergency services, defense, etc? and who is going to manage it all?
\> there were no taxes until after the civil war uhm, income taxes are not the only taxes. we've been taxing since our country's founding. it's an article i power for a reason.
taxation is as much theft as property is theft.
ah yes, please show me where i can "educate" myself on how a society composed of 300 million people runs without taxation. i'm quite sure there are some tribes in the high andes that do not have any taxes...maybe we can live like them.
literally the only reason we do not have that in the us is to keep companies like intuit in business. they've been lobbying against making taxes easier and automated for decades. people in the us are just so conditioned that they do not realize when they are being fleeced anymore.
self-reporting, and the penalties of not doing so. everyone measures their own risk in that regard.
you build equity in a house therefore you are making money. you only technically make money when you sell your stake rewards not earn them. you only pay taxes on cars and boats at the time of sale and then your reg fees.
> property tax would fall under this category right? i own my house and land but annually i still have to pay taxes on it. same for cars and boats etc. not federally you do not.
yea exactly it’s unrealized gain at that point. and unrealized gains are obviously not taxable.
so, i'm not a lawyer or a cpa. so take with a grain of salt. the thing to remember with taxes is there is a ton of nuance. not everything is classified as "asset" and taxed the same way. for example: non-qualified stock options. if you join a company and are awarded nsos, when you exercise those options, you immediately pay income tax on the difference in price between when the options were awarded, and the exercise date. so if jan 1st, 2020, i'm awarded nsos for 100 shares when i join a company. the price of the stock at the time is . on jan 1st, 2022, i decide to exercise those options. the share price is now . i'll pay (the option grant price is ), and receive 100 shares of stock. even if i do not sell those shares, i have to pay income tax on the difference in price of the grant price and value at the time they are exercised, despite no realizing any gains. basically the , and you pay income tax on that at the time of exercising. good news is when you sell the stock, your cost basis on the stock is adjusted to the fair market value of when you exercised. so if i sell the stock over a year later and the price is now , i'll only pay capital gains on , and not the full proceeds from the sale. tldr: there is nuance when it comes to taxation of assets and you cannot apply the same rules to everything.
>but i do not think you have to pay taxes on that gain until you sell the asset? that's true.
i’m an idiot so this makes sense in my head but i’m probably thinking about it wrong so forgive me in advance. over the past year i’ve been building my own house. the house is now built and my property taxes have already gone up compared to last year. so with the logic of the law suit i created property, i’m now being taxed on that property and i did not sell it.
you should be a cpa.
not until they are mined
i agree. i hate the govt and how they just pull these ideas out of thin air because they can. we have no say so. if i have a yard sale and i sell a sofa and a used television, i do not pay taxes on that money i gain. the government needs to stop wasting money and leave us alone. if not for us, economy wouldn't work at all. it's no wonder more and more americans are leaving the us.
when you trade one thing for another it is a taxable event. fiat has nothing to do with it unless one of the things your trading is fiat.
"if a friend gives you money, it is not a taxable event." yes it is "if you give money to someone on the street, it is not a taxable event." yes it is trading crypto is no different than trading any other equity, security, commodity, or currency and they are taxed the same way. crypto is not being unfairly or unduly targeted. the issue is there are many trading crypto who have never traded anything else in their life, so they have come to think of this as some kind of attack by the irs when it is just them enforcing existing tax code.
wood does have an unknown future value.
you do, if you sell... so you have *active income* at (if you earn a btc when it is valued at )... then you have a capital loss of , with a basis of . :p
and i paid the taxes for my hardware when i bought it …
aoc : "i just read this quote to help our new, new green new deal get funding!!" eeeeaaaww
those comments are the most annoying part of the crypto subs for me. shilling is a close second.
sit down troll... there is a bridge with your name under it.
this is unique to businesses that create assets (gold, minerals, and not crypto) and they have special rules for these. they are not manufacturing or services.
the house wont be taken anyway because the rich are smart enough to own it under an llc and not as personal property
you would get taxed on the ,999 gain in 8 years
gold also has cap gains.
since gold is somewhere around , one contractor began paying construction workers in antique /, saying that he paid them based on the face value of the coin, so they made "too little" to pay state. irs went to court, the guy lost.
why should i have to leave? maybe the government should leave and find a population that would appreciate it.
daily reminder - being ignorant that the govt just spends all that money bombing people in other countries is not a valid belief to have. if you are still that naive i feel sorry for you.
and you trust them! lol
correct the value of the coin at time of initial possession, is the taxable event sales tax is on the retailers end and not yours it gets weird when you exchange usd for btc cause that shouldn’t be a taxed event since its just a conversion eg. you do or sell something and someone pays you in crypto, the irs wants the value of the coin you received at that time and their cut, but say you don’t convert the btc to usd, they dont care they assess you owe this scares them now cause they can’t easily prove the event happened so its self reporting only atm, with their reserved right to nail you later it got labeled as “property” because that grants then the right to assess taxes they are still very much working on a better system of auditing, but legally they are covered and the short version is if any we want our cut unless you also prove how you got it
the money in my chequing account is not taxed. if i had a million dollars in my savings account it wouldn't be taxed. both of those have value and can be used in and of itself, so i do not see the thistinction.
fucked 3 ways from sunday to be exact... i wish someone could give me a convincing answer as to why they think the government is the best steward of the taxes they pay... they overspend, spend on needless crap that taxpayers should not be subsidizing... and anything the government gets involved in gets fucked... ie: student loans... people need to wake up and realize that government intervention and bigger government is not the solution... but generally is part of the bigger problem!... why give them even more ???
yep, even though republicans are worse outwardly they both play with our money and help their own interest over the public.
this is an extreme oversimplification to the point of inaccuracy. healthcare has had extreme ramifications for millions of people just recently, led by one party, and the other stopped it from being even more beneficial.
“no! it’s the other side that sucks!”
libertarians are just republicans who don’t like to call themselves republicans.
i feel one side is totally batshit insane now. our system might be irreparable at this point.
the whole “both sides are the same” argument is nonsense and shows a complete lack of awareness of the situation
oh i know... it just always grinds my gears when i hear people talking about republicans lowering taxes, because they essentially do not
unless i’m mistaken the new tax rules only affect those making over . edit: these are suggested changes by the current administration, nothing in fact has changed yet.
they just nickel and dime you else where. don’t fall for the con. you just end up paying fees and shit to private companies instead that wouldn’t be there with a tax. look at texas. fees out the ass.
taxes are going up over the next 4 years thanks to...the last republican.
they only do that for people who are way above our income level.
for rich people, maybe.
biden's tax changes only affect those making over 400k. ridiculous how people here think they will get less with biden when they will actually be getting more unless they are already uber wealthy. this is a reverse of the brainwashing people got with trump, thinking they would get a better tax return when it turns out his changes only helped the uber wealthy.
funny thing, in a lot of red states you pay more taxes, the republican politicians just propagandize to make people think taxes are less. for instance, the average person in california pays less tax than texans.
it'd be more taxes for them, specifically.
if not having a government that peeks into my bedroom looking for ways to oppress me, forces morality onto half of its citizens, nakedly ignores direct threats to the very system that it runs on, lies to their citizens for their own good, denies climate change, ridicules the holocaust, puts more importance on 'muh gunz' than it does the blood of its children, and is trying oh so desperately to deflect that fact that a very large portion (very possibly the majority) of the support and money it takes in now comes from the likes of qanon and proud boys then i am more than willing and quite happy to pay more taxes. even on my crypto.
yeah about “lower”. unless you’re the top 1%.
really? because my taxes went up as a result of the last tax decrease. and no, my income did not.
imagine not working very hard and being given enough money to have at least a third of it taxed.
1. i do not have to imagine it. 1. it would be foolish to believe that republicans could save us from that after they have been so dominant in politics recently and, have not saved us from that.
we live in a neo-feudal society. we rent land and property from the government who will never let you actually own anything. kind of horrible, imo.
we all work so hard just to rent land from the government.
we rent our property from each other. that's what a community is. even without the government you'd have liabilities from just living in a community with other people and all the infrastructure needed to maintain that.
rent *infrastructure*. your land is useless without roads or sewage or security or anti-dumping or hygiene laws...
if you did not, someone could just take it from you by force. you need a centralized record of ownership
that’s why they should raise sales tax and get rid of property tax and income tax. would that work? who tf knows, but i’m an expert because i went to elementary school. now i’m getting out of here. i’m going back to waterloo where the vampires hang out
not for nothing but your property tax, like income tax, goes towards paying for public services. if you're upset about how the money is spent that is another issue, but idea of taxing the property you live on is not inherently bad.
how would you thisincentivize people from not paying your property taxes though?
duh? it belong to the nation, not to the individuals.
name me a single government that does not do this.
why do you say that? you pay income tax either way.
generally you expense the depreciation only not the full cost in the first year but the tax rules have changes in the past few years and you can expense a bunch in the first year.
i imagine gpu's have recently appreciated in price
i’ve had three accountants and all treated it the same.
i see what your saying i really do, i think we need more information on the couple in question to fully get to the bottom of this, are they backers? delegators? but even so the newly minted tezos tokens are said to be a reward for the backers validating blocks on the network in any literature i’ve come across, to me this sounds like compensation for a service moreso than simply creating a token out of thin air. let’s say i create a ford focus in my backyard, it wouldn’t be a ford focus because it wasn’t validated by the ford motor company and is actually just a car that i created, in order for it to be a real ford focus it would need serial numbers and proof that it is really a ford focus. do you see what i am saying? on a side note if i dig up a gold nugget in my yard, nobody owned it before i did, yet i didn’t create the nugget, it was me who found it through work, maybe that is another perspective you can see how creation of something and ownership of things are not one in the same
get off my compound!!
"i do not know how the world would work without big daddy government making all my decisions for me. tax me harder daddy." just because you're incapable of understanding how things would work without taxation does not mean it would not work.
a government is a megacorporation but with battleships
what do you think the government is? the only difference is that they do not have any business competition whatsoever, so they just do not care what you think or what you want apart from your vote every x years (in a company you vote every single time you buy), they do not care about your money either, because they just spend it, and since they have the full control of force, they can and will make you do whatever they desire, if you do not, straight to prison
my megacity corp is better than yours, we have extra serving tuesdays.
not sure if this is intended to be ironic, but it sure is.
those are all forms of governments.
there i edited it to say income tax happy now? thought that was implied when i said irs.
> communomancer did you misspell communist?
there's literally thousands upon thousands of books written by some of the greatest economists, scientists, and philosophers to ever live on all difference ways society can be arranged without forced taxation and an all powerful government. it's no one else's fault but your own that you lack the knowledge or capabilities to sit down and read about these before you open your mouth and spread your idiotic opinions all over the internet.
close. it was to *decentralize* the worlds ability to facilitate trade through the use of a non regulatory non fiat currencyon top of coming up with an answer tofix the double spending issue that fiat currency faces. it was not to help generate tax revenue for the state. its to help alleviate impoverished people from our fucked up monetary system that runs this planet. the only people who do not understand this are people like you who are only in it for the buck.
>if you do not like that feel free to leave our society that's not how it works but ok nice thought terminating cliche. well done.
got ya. thanks for your reply
taxable gains is understandable but how the us is going around doing things is that they’re trying to show ownership. we already paid taxes for the initial investment and they want gain taxes. i’m doing so it allows them to know what you have at all times. that’s a majority issue with the tax laws. they straight out ask you how much you have. it’s none of their business how much you have of your taxes money in there. just what you profited.
but crypto is not the same they tax it like income when it is mined and you are fucked if the price falls and you never sold but taxes are due
that's because property taxes are not the same as income taxes. property taxes are levied by your local county, or city, or state. they have nothing to do with federal income taxes. they are based on a certain percentage of the "assessed value" not whether you have a gain or loss on an investment. the assessed value is what someone at the assessors office thinks your place is worth. if you thisagree, you actually can contest the increases. however, i would say that most of the time, the assessed value is lower than the actual value of your property. in any event, your property taxes are levied every single year based on the assessed value. whether you made any money this year or or any other, you still have to pay them. edit: just to add for clarity. the reason your taxes probably went up, is the value before was on a vacant lot. and so it was taxed on that value. once you constructed a house, the value was likely re-assessed and if you think about it, that makes sense.
true. have you seen lumber prices recently?
who you calling troll, troll
so lets assume the following: >crypto is considered property in the eyes of us law >coinx is considered crypto >you receive coinx via an airdrop >you stake your coinx and you earn 60 more coinx every minute >you never convert your coinx to usd how would the user be taxed in this scenario? coinx is property, and thus an "asset" is created every second. is the taxable event every minute? every second? what's the coinx? there are no services rendered and usd was never introduced in the system. tax law gonna get super wild if we do not thiscuss these things and find a proper solution.
mining and staking are direct analogies to gold mining and manufacturing.
actually you can do this very easily for any type of incorporated business as well for the owner. you set up a whole life insurance plan for the individual within the company (legal under specific circumstances, specifically, when that person is such a key individual in the corp that its going concern would be in jeopardy if that person were to die). once that life insurance plan is paid off, it represents an asset worth the thispersal value + a portion of contributions invested that remain property of the terms subject. so now they have this asset which is sitting within the corporation (so they didnt have to pay taxes taking the money out of the corp and into their personal), but tied to the individual, which allows that individual to borrow against the value of that asset since they are guaranteed to some day die and they can borrow that money tax free since it is a loan and not income. these are typically worth a few million and i've mainly seen it done for doctors and so on but i am sure something similar is available for the truly elite (or they will just register everything in tax haven countries or jurisdictions - there are several us states that are honestly just as bad as some of those cayman islands). this is why when people are saying we need to go after tax evasion and money laundering harder (which i definitely agree with and would like to see) i try to stress that the bigger issue is what is actually completely legal to do. the super rich dont have to break the law to avoid paying their fair share, because the law was made to cater to them.
that's not how llcs work. all the llc protects is personal assets being claimed to settle business debts. if the business owns the house and there is a legal issue (like not paying taxes on it) the house is still fair game.
a lot of people will start leaving or a fucking revolution will happen. no one will stand for that shit
like at six flags or a movie theatre, if you do not pay you have to leave. freeloader.
you're changing the subject.
i promise you the last tax standing will go to the military.
we do not, but if we play by their rules...
they're the ones who enforce rules about taxes so yeah, we have to trust them on what the rules for taxes are.
no? i'm merely telling you how the irs treats bitcoin.
proving how you received every coin in your portfolio is a logistical nightmare. not only that, but imagine the absurd manpower that the irs would need to hire in order to audit millions of portfolios in order to establish origin of coins... between mining, airdrops, interest bearing wallets . those alone are enough to confuse even the smartest of people in determining origins of each coin. something as simple as blockfi ... they pay monthly interest at variable rates for different coins in the native coin currency. establishing value at each interest rate for each coin respectively... there is absolutely no way to do this reliably nor accurately on a even a moderate scale, let alone mass scale... and that is just 1 way coins can be acquired... it's a logistical nightmare, and i personally do not think the government is going to be able to tax transactions unless it is through a sales tax which companies have the obligation to collect. individual to individual sales taxes... thats not even a thing now as i could sell you my 3080 gpu ... do i charge you sales tax? ... no... and unless it is a substantial transaction, neither does anyone else.
republicans offer zero solutions to any issues like healthcare, climate change, wealth thisparity, cheaper education etc. they just get rid of solutions that work in other countries and perpetuate the problems that exist by acting like the free market will make things better (which it has not and will make things worse). again, one side is actively trying to help with these issues and another side is not. to act like they are similar here is ridiculous. edit: anyone downvoting, feel free to tell me one of their solutions in that area, i'm waiting...
according to , libertarians are a lot of things. all of which are nasty and no-good, even according to the sub itself, which is essentially one big long bitch-fest about libertarians.
our people may be irreparable at this point.
they are different sides of the same control coin. they both only look for more power for their side.
yet the the "bothsidesism" anti-argument ignores the actual truth.
lol i've always loved that saying "grinds my gears"
you’re not mistaken. but i assumed his comment refers to republicans usually trying to lower taxes.
no. biden promised during the debates to undo the trump tax cuts, and that will increase taxes on just about everyone.
they always say that
not only that, but it only the amount over , not the whole part due to bracketing.
there has been no new tax rules, tax rules are voted on by the legislature. the tcja is still in affect. any adjustment to capital gains would need to be voted on by the house and senate and signed by the president.
sadly both republicans and democrats want higher taxes over time. it’s the only way to fund the military and random social programs.
you are mistaken. they affect anyone that benefits from people in these tax brackets buying or holding assets such as stocks, realestate, etc... and just because you are not currently in that tax bracket does not mean you would not be someday. you may receive a windfall or inflation may push a lot of middle income people into that bracket. lots of people are only in that tax bracket for a year or two then fall on hard times and make significantly less or even go completely broken.
they'll do it in ex post facto in december when the media is on vacation.
wrong taxing the wealthy only hurts the little guy
texas has no income tax though? literally know people moving to texas just because taxes. fuck republicans though, but also fuck taxes
that’s what i figured you meant.
taxation. taxation never changes.
thanks to the democrats' addition to the bill which required the tax cuts to expire. >in final changes prior to approval of the senate bill on december 2, additional changes were made (among others) that were reconciled with the house bill in a conference committee, prior to providing a final bill to the president for signature.[206] the conference committee version was published on december 15, 2017. it had relatively minor differences compared to the senate bill. individual and pass-through tax cuts expire after ten years, while the corporate tax changes are permanent.[191]
you're assuming that if the same republicans were still in power they wouldn't revisit the bill that does this, and lower them again. you need to under that bills are typically designed to turn worse after 4 years if not revisited just in case they need to make the incoming party look bad. it's politics man. edit: people cannot fucking read apparently.
as i said in another comment, i assumed he was talking about how republicans usually lower taxes.
you missed the point of the comment. i wasn’t arguing for either. i was stating that op was talking about how republicans claim to be for lower taxes. that’s it.
you should reply to op not me.
summing people up into 2 categories plays right into their hands.
there are no reputable sources anymore.
just pointing out that’s why many people go down that path.
if you look into the financing of the spanish conquistadores and why they did what they did, it really is the same model right through to the present day. our whole property and monetary system is based in a nobility, funded by banks. it is actually quite thisturbing how similar the model is to what we have today all across america.
> we live in a neo-feudal society. fuck that, we live in a republic with democratically-elected leaders. where are all the assholes that keep talking about how the government "works for us"? if they supposedly work for us, then why does it look like we are serfs instead?
i respectfully thisagree. when the state can evict you from your home by means of force for not paying taxes, then you are a tenant. period. edit: this also completely fails to mention eminent domain. if anyone can just take your property for whatever reason whatsoever, then how can you reasonably claim to own it?
i don’t thisagree. but if the state can take that property if you don’t pay those taxes, you have to ask yourself whether you truly own it.
plenty of governments have deemed crypto tax free.
it doesn’t mean it’s fair. especially within a country that prides itself with the propaganda of upward mobility and everyone is equal.
i’m not a tax specialist but i don’t think that matters. it’s still wear and tear and newer models and unused ones will cost more.
yeah that is the only one i found too. wouldn't consider it reliable and its outdated.
bizarre. i'm curious how they explained their position. what happens when you sell? is it just treated as inventory with a cost of ? if so, you're still getting taxed on everything, just at a later date, which could be a bad strategy if you sell a lot at the same time. anyway you do not have to explain, but i cannot find any reliable source that backs up the idea that you do not have to report mining rewards as income in the year they are earned.
if ford tells you what numbers you use and you go ahead and make the car in your house with those numbers, that counts as creation too. in the same way that staking.
>just because you're incapable of understanding how things would work without taxation does not mean it would not work. just because you're incapable of understanding that things have never worked without taxation does not mean there is not still hope for you.
i think you haven’t thought this through...really, think about your world without regulation. is that really a place you’d want to exist?
and prints their own currency. megacorps are only just starting to figure that one out.
let's just get this out of the way: governments are corrupt, politicians are bad, all that stuff. i of course agree. but politicians need to get reelected but a company do not have to "get reelected" if they achieve a big enough market share to kill the competition. example: amazon. amazon can enter any sector and offer extremely low prices because they can offset that with profits from other areas. amazon can kill every small store because others cannot compete. unfortunately, there are no big steps from governments to counter this (there are fines here and there, mostly in the eu), but it could be much worse if they were allowed free reign. who's to say what can they do with our data? banks are regulated now and still can cause to much shit, what would happen if there were no rules whatsoever? "ok, then let us sue them!". where? we need some kind of justice system, which means there will be some kind of entity overseeing things. what is the limit where that is good or bad? alright, we have a working justice system, and corporations are kept at bay somehow. what about prisons? what about healthcare? rails? these are all things that corporations do in the us, but a public system is just so much better. and what about education?
ok, show me an example of the gold standard. it can be past or present.
sure, but now your point is stupid. "without taxation there would be no government" is still completely true. just because a particular tax was not introduced until 1863 does not mean that the founders did not recognize it as a necessary power. in fact, the us constitution was specifically drafted in part because the articles of confederation *did not* allow for taxation, and the states realized that it was not working and the union wouldn't hold. like i said, it is an article i power for a reason: it was proven necessary.
yes he did. he's a commie
then please tell me about how one has *actually worked* in the real world. oh, sorry, you do not have one of those examples. easy to draft a fucking blueprint when you do not have to live in the house. i'm not impressed by the "thousands upon thousands of books" of which you could not even name one.
price volatility is a major issue in the crypto space but reading the above comment’s interpretation of “created property,” he does make a point. the fact is, when coins are mined, the value *is* known, much the same way a house’s value is known. crypto, just like a house, is subject to market conditions and the housing market *can* take a dip as well, but that doesn’t change the law. if you mine crypto, aside from paying for electricity, all you’re paying for is cost of hardware, so i highly doubt you’re losing much money, so long as you just beat your electric bill. if you choose to also hold instead of sell, and then the market dips, that’s also on you. i’m sure the irs might have some laws to help protect people in those cases, but you’re the one making the choice to keep your crypto and pay taxes on it rather than sell it and pay whatever taxes you need to pay whilst still making a profit.
you are wrong, gifts are taxable. they just generally do not exceed the threshold to file a gift tax return. if they do they still won’t generally exceed the lifetime giving limit. if you give your friend over . if you were to cumulatively give anyone over roughly , then the giver needs to pay taxes.
i'm not your pal, buddy.
you mean my tomato seeds are planted (staked) to grow more tomatoes? (rhetorical)
pik interest is taxed as it accrues on bonds, sooo…yeah…pretty much an already existing analog for almost everything i think interesting edge cases arise currently whereby on can in theory impart taxable income to others involuntarily or against their will…this is the type of scenario i think that will be studied and addressed and obviously ameliorated
all of this law is already covered in real assets or in stock.
the lawsuit is on mining and staking income which is different than airdrops. airdrops are similar to receiving shares in a company because you have existing shares in that company. the cost basis is 0. staking income is like earning interest. ordinary income. **not all things crypto-related or paid.** tax law is complicated and most crypto traders are getting into areas of tax that they never had to deal with their w2s or self-employment .
a properly set up system that taxes wealth instead of gains could actually be a way better system than we have now. maybe not for the uber wealthy of course. if you gave me a choice of .5% wealth tax every year or 15-50% every time i sell, it’s a no brainer. the smaller tax every year allow for more principal to stay invested for a longer time frame.
we were here first. government should leave, they are the freeloaders. you should live this subreddit, since you do not belong here.
that’s not a change of subject. one guys says they use taxes to pay for all of these public services, the other replies and implies it’s mostly military. which is pretty on par with reality. sure on paper it’s supposed to pay for all of that. but in practice, how much of its actually used for everything but the military. you’re an unpatriotic politician if you don’t support increasing their budget.
i think thats what the native americans did, not a great policy to follow. the “property” label grants them the mandate for it to be taxed but not necessarily correctly, they will take the most they are allowed. its not the most correct but their trying their best but expect it to change
yep we’re on the same page! crazy since its not a regulated market like stonks that have to provide those complicated tax reports granted they normally arent also arbitraging currencies we just need to switch to fairtax.org and be done with income based taxing
dems have been consistently incompetent for decades
more likely keeping gov out of things like this edit: yikes
for corporations and billionaires maybe. they haven’t given a shit about middle class america in decades.
maybe his comment is about how republicans trick people into voting for them thinking they will lower taxes for the poor? idk.
yep, should have said “suggested new tax laws”.
the military is just random social programs with lots of extra steps, and state terrorism.
yeah no income tax but they have higher property and sales taxes. they also have fees for everything which is not calculated as a tax but essentially is a tax since they are forced to pay it. texas is not the tax free utopia that conservatives love to make it out to be. believe it or not, the middle class has a larger tax hit in texas than in cali... let that sink in. now, cali has a higher cost of living so you spend more elsewhere... but you're comparing miles and miles of ocean living vs the hot hellscape of texas.
the property taxes are pretty ridiculous and imo they are more of a concern than income taxes because you still have to pay them if you lose your job where as income taxes you only pay when you make money. i've been looking into moving there for a while now but the property taxes are making me hesitant to move because i'm a contractor and often go 4-6 months between jobs. right now i'm out of work and pay 133, in texas for the same priced home i would be paying 550. but i'd also have to buy a much more expensive home because prices are rising like crazy so i'd really be paying a 1k-2.5k per month if i move there and the taxes go up every year.
no im not. they got lowered during the presidency, then rasied following it. make trump look good, make democratic look bad. yes politics. it's not as black and white as republicans lower taxes. thats my only point
that's the popular perception of people who do not pay close attention. in my state the republican governor made a big deal about reducing property taxes, but along with it came a scheme to increase everyone's appraisals, ultimately resulting in a net increase.
oh no, i'm not directing my comment at you, i'm just saying that there are people here who seem to believe what i mentioned.
can you say more about this? what was their financing.
because its all a lie. all governments are based on force, violence and slavery. call it a democracy or a republic, does not change that fact.
i'm not saying i agree with eminent domain, but we are all tenants of each other. the smaller the community gets the more apparent it becomes. tribes used to banish or kill members who refused to contribute to the betterment of the community. forced sale of virtual currency is a marked improvement. edit: just want to add that the concept that we are all individuals without any responsibility to anyone else but our own bottom line is a complete fiction. if you do not want up be taxed then go live in the mountains somewhere off the grid.
property does not exist in nature, you can never really own anything unless you're like superman or something.
this is the mentality of a child. literally no one who owns a home thinks this way. more reddit pedantics wrapped up in bullshit. real property rights are a bundle of rights in civil society. you’re not some goddamn barbarian holding up the fort on your own.
i mean, your ownership is dependent upon the integrity of the state. if your country gets taken over and the new leaders want your stuff, they take it. part of the social contract is that, in the us anyway, it’s your property that the state allows you to own as long as you pay your taxes, abide by the laws set out, etc.
name me a government that does not seize property to pay taxes.
it's not fair at all, but if you are going to have a government, taxes are going to be a thing, and taxes are fundamentally an unfair system.
you’re just describing simple circumvention schemes that are not “perfectly legal” at all. i am certain the irs would see right through it, should they ever audit your business. and in the unlikely event the irs would consider these “loans” to be legit loans, interest must likely be charged according to the arm’s length principle.
while i dont know the actual laws, common sense would be this. think of it like a stock, say you buy 1k in stock - you arent paying an additional 1k of income tax; you spent the 1k in cash and now have 1k in stock. but havent gained anything so why would you have an additional 1k income tax or capital gains burden? as i understand it crypto works that way as well in canada, so i think your above comment is correct with the cost basis just being 0 when you sell for mined coins, as that is what they uh cost. you pay on what you gain, not what you buy. though you probably do make a point that for lump sum gains it might be worse that the other way. still sounds better than the american system of get taxed on what it used to be worth, allowing volitility to potentially (and this was a huge issue last year at tax time) create ridiculous tax burdens for coins that already costed more to mine than they are now worth.
exactly my point, ford created the numbers, the same way i can’t create any token and sell it as a tezos token, the network itself must be the creator of the token and not the single staker
>just because you're incapable of understanding that things have never worked without taxation does not mean there is not still hope for you. this country was created and thrived without taxation. taxation was not a thing till *after* the civil war and only then did the super wealthy pay. you're clearly insecure about your lack of knowledge so you lash out and make dumb statements lol.
most of current corporations are where they are not only because the hard work they have done (which is obvious), but also because the connections they have on the government, who gives them priority on multiple levels over competition, therefore, the fact that only few companies ruled the way the have, is because others did not have the same possibilities to compete for this very reason, due to the existence of a government and extremely regulated legislations and bureaucracy. the justice system can be outside of the government, where it certainly should be. and almost everything follows the same way from my point of view. most of the current innovations we have in our lives came from competition between companies and exchange of knowledge between cultures (globalization), and we all have a bunch of non sense borders and we can send robots to mars but we still teach with a whiteboard in most schools with a shitty education system which evaluates everyone the same way as we have done for thousands years, instead of trying to enforce the habilities people already have and improve as a society by pushing forward innovation and knowledge base on people's desires. public stuffs just give private companies a reason to be more expensive, basically taking into account the quality. the more you force something, the worse it will become. freedom usually comes along with the evolution, and government and most (99%) of their functions are just bullshit. trully believe the reason why humanity has not improve much much more, is mainly because the wall between progress and us, is made by ourselves by allowing this systems worldwide the only reason i might find useful the government's existance, is for self defense (military) from external threats and just because of how the world currently works. edit: remember, the corruption comes and has its origin from the hand of these in power. who has more power than the government?
the gold standard or what? government? if there is a community of humans there will be a kind of government, either someone collectively agreed upon from within the community or imposed by an outside force. i'd say the former is preferable to the latter. but not necessarily absolute.
this story was specifically about income tax though and i was making a point that there was none pre civil war which means government can exist without that particular tax.
>then please tell me about how one has actually worked in the real world. oh, sorry, you do not have one of those examples the sugar tax is a consumption tax. same as the taxes on cigarettes. taxes create an inherit thisincentive to spend. these taxes are directly related to the drop on consumption of sugary drinks and cigarettes around the country. >easy to draft a fucking blueprint when you do not have to live in the house. i'm not impressed by the "thousands upon thousands of books" of which you could not even name one it's not my job to hold your hand through all this. you're clearly here just to be a bitch and fight about nothing than to learn, otherwise you'd be asking for some literature to check out yourself before you based you opinion on anything. but that is not what you're doing, your mind is already made up, so you can kindly go fuck yourself.
"tax me harder daddy" how's your leather taste?
the problem with the current tax structure is it becomes impossible if not very wasteful to track what reward you got from what block at what price. now multiply that by a a block being produced every 14 seconds with thousands of miners participating at the pool level. now ofc you could say it only is taxable when it gets transfered to your wallet but that just means you could leave it sitting in the mining pool's wallet until price drops and then cash out. quite simply the tax law needs to be fixed (at least in canada) or it just makes way more sense to try avoiding it completly, luckily some countries only tax when converting to fiat (germany) and hopefully this is the way everything goes.
> if you choose to also hold instead of sell, and then the market dips, that’s also on you that generally is not, and certainly should not, be how taxes work. if you lose money, that loss should be deducted from your gains before your taxes are calculated. otherwise businesses that deal in low profit margins with high volume would be completely unprofitable simply because of taxes.
who you calling buddy? pal
yeah, if you're staked and earn a reward, the reward would be an asset with a , right? same with mining a new coin. so you sell it and owe either short term or long term capital gains depending on how long you held it.
problem with this is that over time the .5% would be increased gradually by the government to capture more . next thing you know you’d be paying 5-8% of your wealth to the government every year.
the us has been here for over two hundred years. grow up and pay your share, freeloader. or get out. nobody is holding you prisoner. you're just delusional.
unless i’m missing something about the income tax, it clearly states in the irs code that income tax applies to members of public office only. peymon mottahedeh on youtube breaks this down beautifully on how crypto users do not have to pay taxes on gains. let the hate begin!
our entire government is incompetent, but the democrats actually have been implementing ideas around universal healthcare and continue to debate the issue. whether you get a public option or medicare for all, government generic drug brands to lower drug prices, free healthcare for those making under a certain amount, being able to have healthcare when you lose your job (lol republicans do not like this one) taking away the ability for insurance companies to deny you coverage if you have pre-existing conditions. medicare for all also takes on insurance companies and tries to eliminate them. republicans on this issue? crickets. fucking crickets dude. oh, trump has a plan coming? where is it... nope, no plan. actually, i take that back, their plan is to roll us back to how things were in the 20's. enough of this "they are the same" bullshit, one is clearly better than the other even though i'd give the democrats a 6'd give the republicans a 0. and this is only on the topic of healthcare. climate change, wealth inequality, cheaper education are the same.
both republicans and democrats in 2020 are about big government. both sides tax and spend like crazy.
yeah keep them out of it, except for religion!! republicans are such hypocrites. less government intervention means you control whether i can get an abortion or not?
no politician on either side gives a shit about the middle class. you have the middle class split fighting with each other over one side that says they will limit the gov't and spend responsibly and then do not. then you have the other side that just flat out admits they do not care about spending or increasing taxes but insert social issue that we'll pretend to care about. they're both lemon flavored ice with red and blue food coloring. both smell like lemon, taste like lemon, are lemon. just look different. let everyone live the way they see fit, nap pending of course. and stop coercing my money from me, voluntary tax system all the way.
you’re preaching to the choir here.
taxes were lower past 4 years and literally being raised right now for everyone. in my state affecting everyone earning like 60k and up. one of the state taxes is half a percent on everyone's income regardless. edit: here is the link to the flat half percent increase. edit: cost of living is skyrocketing here faster than wages due to stimulus checks increasing the money supply and additional taxes on property owners this is r, so how are people even thisagreeing
ok smart guy you most likely don’t work but if you did and have been around any business owners in that “tax” bracket you would understand
i lived in texas for a couple years and moved back north east since. not a fan of the culture there, is not for me. i'm way too progressive for texas
all good. and you’re absolutely right. it would be great if people looked into things past whatever headline they read on facebook.
you are all over the place. random.
the first thing to know is that the spanish crown, in an attempt to raise money, developed a system to grant noble title in exchange for money. this drove a huge amount of the conquest of the new world, because noble title gave you a lot of rights and privileges as well as freedom from a lot of the harassment suffered by many people. these sailing voyages were financed mostly by banks. nobody in the middle class who conducted these voyages had anywhere even close to the amount of money required to actually build and staff the ships, so they were all financed. the banks only accepted repayment in the form of gold bars. every ship had a representative from the bank on board to demand and secure collection of loan payment and interest, in the form of these gold bars. this is why the conquistadores suffered from such a legendary lust for gold, and why only gold mattered, and why they immediately melted it all down. they were trying to buy noble privilege under the spanish crown, using bank financing that only accepted gold bars as repayment. it's fucked up, and i'm sure a lot of us can relate to suffering under the greed of moneylenders, and the immoral and unethical things we do to each other and the planet in order to satisfy their rapaciousness.
so you’re proposing a tribal method of wealth rethistribution? “from each according to their ability, to each according to their need”?
and when children are challenged they tend to resort to insults. you’re the one being thisrespectful. it’s your view that empowers the government to pull stunts like this: by the way, myself and many others like me qualify as homeowners who think this way. stop projecting your opinion.
it’s the manner in which the taxes are derived. taxes are fine, imo, but if you found a gold mine on your property, and you started extracting gold from the ground and storing it in your basement, are you required to pay taxes on gold just sitting in your basement?
but in your scenario you were taxed on the money you earned to buy the stock. so you should taxed on the crypto you earned to earn the crypto. it's like you earned cash and immediately bought crypto with it. those earnings are taxed. i think there is an argument to be made that miners create inventory and it is should not be taxed until sold, but i'm almost positive that is not the cra position, and people mining in canada have to report as income in the year it was mined at the cad value at the time earned to avoid adverse consequences.
ford created only the number, you create the vehicle. it's not that complicated.
\> taxation was not a thing till after the civil war and only then did the super wealthy only paid stop repeating this because it is either a lie or you just do not know history. ever hear of a tariff? an excise tax? the whisky rebellion? levies on carriages, sugar refining, and thistilled spirits? \> you're clearly insecure about your lack of knowledge so you lash out and make dumb statements lol. utterly ironic coming from someone who does not think the us taxed anything until 1863. that's when the first *income* tax was passed, genius.
interesting take. i might be biased from living in europe while free healthcare and stuff like that are the norm, but i really think that some things cannot be left to the people. i might be controversial with this, but for example if people do not want to stay home or get vaccinated to end a pandemic that takes lives then someone should enforce things. these past months made me realize how little empathy some people have and how little they care about others. we might say that this problem stems from education. in the us there are lots of schools where parents can choose whether their child learns about evolution or not. if this is what comes from allowing people to study whatever leads to then i see a big problem with that. and it is a very important subject. our future depends on education. public healthcare is another thing i wouldn't want to live without. i am fine with paying more taxes so that the poorest can also receive the medical care they need. i think it is selfish not to think if it this way. but the biggest problem in my opinion is still an amazon, facebook, google or other huge company gaining enough influence that they eliminate competition and essentially make the rules from that point on.
sounds like communism, that turned out well. you are incapable of giving me a real world example of a style of society that has lived well for a reasonable amount of time, and has a style of government that would be acceptable to you at large scale
of course it can. it can shuffle around the deck chairs all it wants and just pass a ton of consumption taxes. the point is that shit costs money and the government is going to collect the same amount of it one way or another from the same people. what does it matter what they call the tax? you want to repeal the income tax and replace it with a bunch of other taxes? fine if it makes you happy. same money is going to be coming out of our pockets.
>it's not my job to hold your hand through all this. gotcha. can't list one out of "thousands and thousands" off the top of your head. i'll be here when you google it and come back with the first random one off the top of the list to "win the argument".
i was under the impression that if you mine a coin, then the value is known at that time by checking charts. then, theoretically, it is taxed at that value. and that’s it. i’m not sure where any issues would come into play here, but i don’t mine coins, myself.
> that generally isn’t, and certainly shouldn’t, be how taxes work. i also said this: “i’m sure the irs might have some laws to help protect people in those cases, but you’re the one making the choice to keep your crypto and pay taxes on it rather than sell it and pay whatever taxes you need to pay whilst still making a profit.” i don’t see how your choice to gamble in volatility should dictate how taxes work. > otherwise businesses that deal in low profit margins with high volume would be completely unprofitable simply because of taxes i am not a tax professional and don’t know how any specific tax laws, but i am completely certain that tax laws already consider businesses with low profit margins and have protections in place for them. the biggest example i can think of off the top of my head is carrying forward losses. mining crypto for the purpose of just getting richer, though, is not a business. it’s not a low-margin business, and it’s not related to businesses at all. you are purposefully deciding to create your own money for the purpose of selling it. we might have to agree to thisagree here.
sort of. if an employer gives you stock, you can choose to pay income tax on the value when the promise was made, or the value when you actually receive it. so the point is just how you frame the acquisition. i think this is easier to make an analogy with farm animals. you do not pay income taxes on the birth of a cow or chicken. if the cow is born on a farm but dies and its meat is not sold, there’s no income and nothing to report. if you sell the meat, then you would have income. in both cases the cost can offset other farm earnings. sad for those keys lost in boating accidents. i think this is an important thistinction, as the irs loves putting limits on things like "theft" making it nearly impossible to claim. if the irs taxed the cow based on some cow market price, then the cow died, would the farmer be liable for a fluctuating market price? the whole situation quickly gets ridiculous. for staking, and mining, you definitely had real expenses in manufacturing that award. there are options on how to offset your gains.
i recently started earning rewards through celsius, and they will issue a 1099-misc for the fiat value of crypto rewards given. so i will pay taxes on the rewards similar to interest income (same rate as ordinary income and short-term capital gains). this fiat amount will then become my cost basis on the crypto earned. i am not sure if rewards from staking would be different than rewards from lending, but i'd guess it is the same.
the american people, including my ancestors, were here before the government. you cannot understand, because you are a slave at heart.
yeah check your facts, irs is coming for their cut from all ppl who have any crypto, it looks like all transactions need to be itemized and logged for cap gains assessment
that's why it is healthy to hate politicians instead of turning them into celebrities.
the only difference between the two are which part of your life they want to control and what they want to spend your money on
dude this. used to be a staunch repub because of how dems spent things, then repub got back into power. now i hate both.
i’m simply acknowledging one of the party’s core principles: limited government
i'm happy to let you know that it is not 2020 anymore bud
which is why trump removed 50% of government regulations?
sorry. i do not want my taxes to pay for your murder.
r yall dumb as fuck. when a legitimate complaint with sources is posted its always both sides from yall.
yes, taxes are being raised right now under the bill that was signed in 2017 by trump and the republicans... biden is trying to pass new tax law so that those tax increases don’t happen. republicans are professional bullshitters who don’t give a shit about cutting taxes for regular people only for the wealthy (whose tax reductions in 2017 are permanent unlike low and middle income earners). state taxes are obviously a different story but i guarantee you republicans aren’t fighting for tax cuts for regular people lol.
bro youve been played. the taxes raising are from trumps bill.
the republicans literally raised taxes though. was i the only one who read the laws they passed? unless you're a millionaire your taxes went way up.
they’re not being raised for everyone though. this is not correct. maybe your state has raised state income taxes? which state are you in?
because trump put his tax increases to scale up in the future. this is stupid...
this statement is false.
> ok smart guy you most likely don’t work what the fuck are you trying to say here? that everyone who does not agree with taxing the wealthy is unemployed? i've been employed at the same job for the past 10 years.
>ok smart guy you most likely don’t work but if you did it's always the same with these guys, no substance to any argument just insults and aspersions.
thanks for moving back to a place that matches your preferred political environment instead of trying to change the politics of the place you moved to. not being sarcastic, this keeps you happy and the natives happy.
you realize everything that is been happening in those places has been caused by other governments, right? the west has abused that region sense the fall of the ottoman empire. governments have been using stolen tax payer money to fund revolutions and terrorists and control the drug trade over there for almost a century. and its not like getting rid of governments makes your society perfect, just like getting rid of slavery did not make america perfect, its just good to not do evil things and government is evil by definition.
i will admit i dont know enough about this, honestly mostly trying to remember about what came up when this was in the news a bunch at tax time a year or two ago. but i wonder if you are treating mined crypto as income rather than capital gains and if that makes a difference? and as i understand it is treated as capital gains not income.
it really is though, you can’t create a ford token without the ford network validating, the same way you can’t create tezos without the tezos network validating tezos, im simply saying the stakers could not have been the originating creators of the token because they do not have the authority to create these tokens
>that's when the first income tax was passed, genius. we're explicitly talking about income taxes in this thread you absolute troglodyte. but nice attempt at defecting from the fact that you're a state loving cuck.
>i might be controversial with this, but for example if people do not want to stay home or get vaccinated to end a pandemic that takes lives then someone should enforce things just admit you're a fucking cuck already. stop pretending you want the government to force your opinions on people out of altruism and just tell us all what you really mean. "i want people to behave a certain way but do not know how to force them to do it myself."
you're asking how people should govern a society in the absence of government and then give examples of governments.
i can name some of the ones i've read but it is not like it is going to change your mind and it is not like you're going to go actually read them, then come back here and have a rational thiscussion with me about them. you're only here to throw tantrums on the internet like a child. it's clearly a waste of both our time especially with all the boot licking and brown nosing of political figures you had scheduled for today.
i want zero tax on crypto because it is not the governments position to take what i rightfully earned. voluntary taxation can and does exist. i do not give a fuck what "crypto supporters" view because they also champion people like elon musk. you're sitting here trying to tell me to give up my earnings so you can spend them how *you* deem fit then have the audacity to call me the selfish one el oh fucking el.
most miners mine in pools where small fractions of coins are rewarded several times a day.
> i don’t see how your choice to gamble in volatility should dictate how taxes work. really? first of all, your weasle words like "gamble in volatility" betray your bias here. it sounds like you think that if someone's stupid enough to gamble in cryptocurrencies, they deserve to be taxed more. but losses almost always affect "how taxes work". losses are thiscounted from taxes. this is not different for investing in cryptocurrencies vs investing in stocks. > tax laws already consider businesses with low profit margins and have protections in place for them yes indeed they do, they consider it by allowing people to deduct business losses from their taxable income. this includes losses in commodities. > mining crypto for the purpose of just getting richer, though, is not a business yes it is... wtf... of course it is
the american people, including your ancestors, voted for the current tax system.
congratulations to you - you are now blocked. pay your taxes, or get out, deadbeat.
not my facts at all. did you look at the code? why isn’t that explicitly written and defined like every other tax in the tax code book. it’s all in the wording it seems. until we realize the fact that it’s the words they use and that we think we are supposed to be classified and file taxes under, we are all doomed.
100000%. it's always been a peeve of mine when people start treating any politician like a celeb. (obama, bush, trump, aoc etc.)
yeah why turn them into celebrities, when you can just make a celebrity into a politician? trump, schwarzenegger, ventura, etc., but also every actor and actress "activist"
i'd rather have social programs like social security . the future we dream of requires that we spend on these programs. so we need taxes. it's just a matter of making sure the money goes to the right place. unfortunately, republicans just want to do away with it all, which is not the solution.
lol, the party's "core principles" as of summer 2020 are "whatever donald trump says". no, seriously. go look it up - it was their party platform during the election last year.
core principles? limited government? you have republicans in florida who voted to inspect children's genitals to ensure trans athletes are not competing.** you have republicans in texas who voted to restrict your ability to get an abortion past 6 weeks. you have republicans in south dakota attempting to overrule voters and keep marijuana illegal. you have republicans in georgia who passed election laws outlawing water to be passed out to people waiting to vote. you have republicans who grew the national debt under trump by almost 7.8 *trillion* dollars. how does any of this scream "freedom" and "limited government" to you? please point to recent real world examples of republicans acting as the party of "limited government" anywhere past propaganda and self-promotion. edit: do not get me mistaken, i would *love* an actual small government that allowed its citizens to live with freedom, but the modern republican party is anything but. **edit: i was informed that the law actually allows for testosterone testing rather than a genital check. still seems like an invasion of privacy and a poor example of small government to me.
the republicans have no core principles other than lying to voters and passing legislation lobbyists paid them off for
bullshit. this statement is bullshit. pull your head out of the sand before you say stupid lies.
wrong. both sides are liars. buncha sacks of shit.
i’m far from a centrist. i’m talking about the two major parties since everyone’s fighting “no this sides bad no that side is”. politicians in general don’t have your best interests in mind.
it was leaked that biden wants an 80% crypto tax dude.
gonna have to ask for your sources on this. i do taxes for a living and the tcja helped most, if not all of our clients.
you might think that without an analysis of the m2 supply without an appropriate tax bracket adjustment. rent's are going to go up quickly without a similar change in wages. life is going to get much harder for low earners. >the step-up in basis on death and carried interest loopholes would be eliminated. this is a ridiculously big deal. inheritance is a lifechanger for a lot of low earners. if you cannot prove basis for assets, and now suddenly owe an extra 15-20% tax on an inheritance. that is a huge increase. maybe i'm simple, but any tax that directly affects your rent by raising property taxes, or cost of ownership of the property, or ability to actually purchase things, does affect you directly.
i wish it is. i mean the wa state constitution forbids income tax, but they passed the law anyways. unfortunately for you, downvoting me does not change the law.
my point proven stocking shelves doesn’t count . where you think the tax money comes from ? these ce0s cut wages and it trickles all the way down to bums like you and affects yourself pay checks , etc. if you’re too slow to realize it’s on you!
i don’t care if you idiots don’t agree you most likely stock shelves as well telling me i don’t work. let’s see then smart guy can you provide substance that taxing the wealthy works ?
there is a reason so many religions have strict rules about usury including sometimes a death penalty. it is common enough that i would consider the exclusion or severe sanction of usury to be a fundamental element of morality, and a society that allows usury will suffer and fail.
for sure and i have not dealt with this professionally so i do not want to say i'm 100% correct here. as i understand it, whether mining is income or capital gains depends on whether you are deemed to be running a business or whether you are casually mining as a "hobby". i think it is pretty tough to proof you're mining as a hobby and are not in pursuit of profit, but i'm sure it happens. but that makes me wonder how just by earning mining rewards you treat it as a capital gain when their is no cost basis (i guess zero?) bottom line the cra needs to give better guidance. all the best!
this is a good argument, thank you for keeping up with the comments. ' i believe that for this to \_not\_ count as creation of token, some entity has to be giving them to you. so, who would be giving them to you in this case ? i do not think tezos is an entity.
ah so property taxes are not theft in your beautiful mind then, got it. \> but nice attempt at defecting from the fact that you're a state loving cuck. i'm not deflecting from that at all. i'm happy to pay my share to live here. i'm simply highlighting the fact that you're full of shit.
the thiscussion was about taxation by government, not lack of government. but let us assume we skip the government. you tell me ideals that have never been applied successfully beyond small scales like communal living or tribal structures. sure these are nice dreams, because in reality humans have tried them all and have failed when they scaled them to large societies. i am asking what is the real world example you can point me of a successful society that is not what i mentioned.
>i can name some of the ones i've read but it is not like it is going to change your mind no, it is not going to change my mind about "forced taxation vs voluntary taxation" (because they are ultimately the same thing) and it is not going to change my mind about you at this point. you had your chance. so i think we're good.
the man put in his time.
andreas antonopoulos. without him, bitcoin would not have had the reach it does today. he's had lots of great fundamental talks about bitcoin and continues to do so.
this guy is such an og and amazing btc educator. can anyone tell me why he does not speak at the bitcoin conference? i feel like if anyone belongs there it is him. makes me wonder.
andreas's service to bitcoin is unparalleled... total legend.
i got nearly assaulted at a party in 2011 talking about my investment in btc. basically told i was dumb for wasting money on a scam. guess what? i'm still holding and i do not care if it is millions of fiat dollars. i wont get rid of my btc until i can spend it at nearly every establishment for nearly all goods and services. i've invested in purchasing power. i hope the same guy thinks of me when he sits down with his financial advisor asking about this crypto thing.
it's not that people weren't interested because it was , it was 't that interested back then.
the good old days of being a bitcoiner, there was always something new to learn or realize about bitcoin and the impact it could have on our world.
see how suppressed this gentleman still is is sad.
that's mr. nakamoto in the audience, monitoring early adoption efforts.
when this hit youtube or w, selling virtual tickets. i wished !!! so friggin hard to attend. i hung onto every word this guy said during the early days.
this video is a repost. the room was not empty. andreas has already answered on the subject in a older post. « just to clarify: this was the bitcoin foundation's san jose bitcoin conference in may 2013. i begged to speak and was an unknown. they finally agreed to give me a slot at the same time that gavin andreesen was delivering the "state of the bitcoin union" talk in the main hall. most people were in that talk, and after it ended a few more trickled in to my room. also, the few that were there sat in the back near the door, not quite committing to my talk and ready to leave. by the end there were 20-30 people in the last 3 rows. i did not find it at all humiliating. i enjoyed giving the talk and then went to watch other talks and mingle with the rest of the people at the conference. there are probably only about 500 people total if i remember. it was a fantastic experience and i met many of my "heroes" of the early bitcoin age that day. thank you all for your kind comments. »
bitcoin : i sleep bitcoin ,000: real shit
i'm a simple man: i see andreas antonopoulos, i upvote! full video:
andreas can easily be compared to hal, satoshi, szabo and other personalities of that size. smart guy, always keen on real debates. never a moon boy. max respect for him and his work.
he does a great job selling that he is speaking to a large crowd with his eye and head movement.
aantonop is a legend, its sad that he only produce so less content now. he was the man who orange pilled me. love him.
i remember this talk. good hearing about bitcoin at the time…classic time…funny where we are now.
the truth is in front of you. it's upto you if you choose to listen to it.
wish i known about it
neutrality as "the first principle" applies to many organizational ideals. if a company thistributes all its profits as dividends, and then lets every individual recipient decide whether to take shares instead, 1. companies would offer double, 2. it is no longer confiscating its shareholders "deserved earnings" keeping thiscretionary power for itself instead of giving that power to its owners. a neutral society would work the same way with ubi. "the administrator" pays its equal citizen owners all of the administration revenue. whenever, most of us agree that something should be administered for us by the administration, we all pay an equal share of that program as a reduction in our dividend. ubi is starting with a neutral society that has no poverty, and no likelihood for violence, and then only considers programs that would make it better.
i like the part where he said "it is a currency" because, as he said, it is a currency. not enough people view bitcoin as what it is.
when i started learning about bitcoin, the youtube algorithm blessed me by showing andreas’ videos when i started searching. i was one of those idiots who bought bitcoin after hearing elon musk bought it in april ‘21, but i wouldn’t be here now still with my stack if i hadn’t listened to andreas. his videos taught me the fundamentals of how bitcoin works, why it works, why it matters that it works, explained how to secure bitcoin properly, how to not freak out when the transfer is taking long, thispelling my doubts when i didn’t understand some technological aspect of it… really couldn’t have asked for a better educator.
andreas antonopoulos one of the top 5 most influential people in bitcoin history
i have seen this video, he was the man who orange pilled me. love him.
it is still in its early days. i am waiting for global adoption, bitcoin is inevitable
at least it paid off for him
i was waiting for the cut to a crypto convention with thousands of nerds running around
guy in the front row wondering if his date is coming back from the bathroom
this was only 9 years ago... seems like a century
the best part is those in attendance are all millionaires now 😁
i bet one saudi guy in the back really perked up at the mention of being able to buy camels
he's probably been hodling so i bet he is good
when i told my friends in 2010.
damn it. videos like these give me the hope to hold on. ✨🤲🏻💯
and still there are people that they do not even have btc...
today the small number of people in that audience are either rich or plagued with regrets.
aantonop is a legend, its sad that he only produce so less content now.
i love the way his body language is like he is talking to a huge audience just slowly scanning the room with his look.
watching this made me mad for a minute... i thought to myself “why the fuck did i have no interest and why didn’t i go to this event and invest at this time” then i realised i was 13 at the time and also i’m from the uk
back in the good days of bitcoin when thiscussions were very academic in nature rather than meme-oriented today...
the guy who left at the end went to go buy a camel as quickly as possible.
the legend explaining bitcoin to an empty room. i hope one day i can go personally to one of his talks.
if only i was not a depressed barely functioning mess the past 10 years i could be rich now. i knew of and understood bitcoin back then. but i was too busy feeling like shit to do much of anything.
sad part is all those who attended, sold their coins after this event. including the influencer himself. he is in the metal state these days!!
i used to think andreas was smart, then i saw his tweets saying forced jabs are ok
back then i was just hearing about bitcoin. i saw posts on reddit where a guy mortgaged his house and poured his life savings in around 2011. and then in 2013 i saw people reposting on his original post telling him well looks like your investment paid off. if he still hodled he would have to be a billionaire by now.
mfw i’m looking mr. yakamoto himself
the amount of people in that room compared to today = mind blowing. wonder what the room will look like at 100k
does he age? he looks the same then as he does now
if only i could buy bc at 100.
i wonder if these folks buy bitcoin at that time are billionaires now.
the story of the teenage greek god, his cousin, the grandma and the bowl of french fries. this guy should be president of the world
where was this fucker when i needed him
love this videos no one’s wants to believe the truth unless someone like kim k is saying it. the worlds changing btc is going to take over wait and see
so the people on instagram who talk about bitcoin, are they trying to scam me?
this is what its all about man. we see the future!!
i think this was the san jose conference. i was at that and have a pic with lead dev gavin andreesen!
i heard about bitcoin back then. my thinking was, why do we need special currency to buy things online? we've already got paypal...
i wish, i have time machine goes back 2001.
you know that dude sitting in the middle is now sitting on a beach.
the og. a round of applause for the man please
that looks like me in 2013 explaining bitcoin to my friends
i wish i can go back in time right now.
lecture specially meant for subs. not for live audience.
many even now cannot believe in bitcoin and do not accept the importance of this crypto asset.
but today we got banks, institutions, whales, pump and dump. his vision has been smudged.
probably should have ended with "to the mooooooon"
i would like to know what happened to these people. have they been successful?
people never saw a great potential in it 2013
got nothing bad to say about this man. one of the bitcoin og's that did not let greed sway his path of righteousness. wherever you are out there mr. andreas, salute you for your service to btc.
we came a long way.
this man is a legend
cool to see and the fact is, this is not strange. at that time it was a random software "payment system" with a , without any network effect.
i hate this video because i saw this way back and still never bought. partially because i was a broke college student.
didnt say moon enuff
why did i not see this stuff back then? fml... now i have to be poor for the rest of my life
if we just destroy the environment we'll attract bigger fools to buy our neat math cookies
actually this guy fucking idiot lol🤣😂
wish i would have been there
i idiot always asked btc is nice but what happens if we reach the max limit i’m still asking this question to me but yeah it’s too late
he is my master and my educator.
i was called a communist and told to go back to portland by 2 people in this subreddit for saying excatly what he said in this video. and other names...
well...i guess like 500 drug dealers are just on the back of the room not willing to be filmed 😁
those people are probably millionaires now enjoying life somewhere
there are people who do not know about crypto. for those who attend, i salute you all!
he need moon and 🚀
i wish i was there...
i think the amazing thing is, he will still be promoting bitcoin even if it is still , the belief.
he's now worth , probably.
that man a millionaire now
this is andreas m.antonopoulos. his book „the internet of money“ is very informativ around bitcoin i recommend it to everybody!!
pro-tip, if you have that small an audience, just have those who did turn up pull in their chairs and form a circle. make it thiscursive, do not deliver to like four people. that's not how education works. you can make it far more engaging by asking them questions and using your knowledge to deliver in conjunction with an emergent narrative (made possible through participation). it's far more fun for everybody and you, as a presenter, get to learn something about your audience. you get to form cognitive profiles of the kind of people you'll be speaking to in the future. you do not have that opportunity if you simply deliver a presentation. small groups present massive opportunities all round and will make you a better presenter. take it as a win.
i wish the youtube algorithm sent this man to me a few years before it did. he, in my opinion, is the greatest speaker in the bitcoin scene. not saylor, but this guy. andreas antanopoulos. probably spelled his name wrong
which conference is this from? i swear i remember watching a video of this from the hope conference or defcon or something back in the day.
this is exactly why we have less millionaires and more non millionaires in this world.
god what did i miss back then 😫 100$
the rise of the ussr
no matter the audience, your message has a purpose!
i actually not only went to one of these events maybe 6 or 7 years ago but i helped set it up. there were more people who attended but i think everyone was there to support the speaker…
i’m assuming he’s filthy rich now?
the rise of the ussr?
lmao this dude's definitely rich as fuck now.
is there a link for his complete presentation?
our real hero. we do not deserve him, but we need him!
he was not talking to them. he was talking to us.
keywords like lambo, moon, 100x etc missing from his lessons.
does anyone know where i can buy an affordable time machine?
when the btc movie comes out, this should be the first scene.
that’s how it feels when i tell everyone about gme.
totally off topic- but i had never noticed a wedding band on andreas’ hand in more recent videos. the dude rocks.
aquella etapa del proyecto en la cual muchos no creían en el, gran proyecto e impacto social en el mundo.
i still love this guy and listen to his podcasts.
how come this has so many upvotes but it is not in the default front page of reddit...
i wish i was there 🥲
my only regret is early adoption. had i only paid attention early on.
he's one of the legends in crypto space
comon, bitcoin at this time was a very risky investment, it still could have gonna either way, hindsight is 20, whoever posted this to make a point is not realistic.
the good ole days, take me back
i could have bought 2 whole coins in late 2013, decided not to and went partying. man i remember that night clearly.
i wrote a paper around 2010 about bitcoin and how i thought it had zero chance and sounded like a scam. whoops.
it is very important that money itself should not become the tool to facilitate criminal investigation, or sanction weapon against people who have conflict of interest
i had a friend of mines trying to convince me to set up a mining rig, even offered to show me how when bitcoin was pennies i laughed. i still feel the pains in my heart
good to see he is putting efforts to explain people, but they are just ignoring him
now it looks so unreal. i hope this guy is doing great now.
i literally did this in my college class in 2013. at the end i said everyone should but at least one bitcoin
andreas is the greatest and we all owe him a debt of gratitude
mooie tijden, was zelf de bitcoin aan het uitleggen tegen over mijn vrienden collega's, wat heel frustrerend was en steeds uitgelachen werd. t'ja nu denken ze er anders over. hulde aan andreas antonopoulis.💪💪😉
well spoken 😁bravo👏🏼 “neutrality” 🤔
in 2016 i first attempted to buy bitcoin after watching it for awhile and trying to understand what it even was. still confused and not totally confident in my decision, i failed at buying it, cus everything seemed like a scam to obtain it.
ah yes the good old times when bitcoin was used mostly for buying drugs on silk road xd
i measure time in bitcoin. the month and year i divorced my wife, bitcoin was less than .
andreas’ perseverance is legendary
so there are bitcoiners who do not know this guy? shame on you!
and yet, with all of the evolution, and advances, we’ve still just begun.
i wish i had 5k to drop on bitcoin when it was ... i’d be rich right now instead of sleeping in the back of my 97 subaru outback making . i didn’t have money in 2013 though, i had not left my bedroom for years due to depression and social anxiety. i’ve dreamed about it tho
hopefully you’ve been hodling since then lol. also if so, feel free to dm me, i’ve got some really great ideas 😂
bitcoin is really all about neutrality
y is this post tagged under misleading? is the video and title legit?
the future is hard to see and ever changing.
so why is the room empty
where is this man now 🤔❓❓
—satoshi back in the day, trying to get everyone to recognize the enormousness of what he did— crowds reaction: 🤔🧐🤨🙉🙈 crowds reaction 10 years later: 🙊🙊🙊
imagine sitting in that room during his talk. are those few people now sitting on yachts?
i hope some russians hodled bitcoins
this guy must have lots of them
if game theory applied bitcoiners should gift large amounts of bitcoins to governments of permanent members of un security council to my nation state for instance 5 000 000.00000000 btc
although andreas didnt buy any bitcoin he spent it all and now shitcoins to make a living despite bitcoiners raising a million in bitcoin for him a pioneer, but now a scammer, fuck andreas
sadly, he is only worth 1.9 million. he saw a big part of the future but did not see the importance of hodl. still did better than me but not better than a few schmucks who just sat back and did nothing.
he took his paychecks in bitcoin even back then. he not only educated everybody (including me) back then, he put his money where his mouth was through the good times and the bad. the man is a god tier legend. i hope to meet him one day and thank him. edit: his name is andreas antonopoulis
i cannot call this anything other than pure altruism
yeah, he looks hard-working, but people are not competent enough to hear him
or man pumped his own bags
yea i didn’t here him say to the moon at the end so i was confused
moon or bust. everyone knows this
that emoji is enough to attract attention of anyone who want high returns
literally made me lol
he is a fucking legend. his video on the consensus algorithm helped me learn so much about the technical side of bitcoin. brilliant...
he is an amazing educator and "mastering bitcoin" is a fucking masterpiece.
i thank a lot to andreas and max kaiser, their learnings have been critical in my path
wow. thanks for providing link, i will see his all videos now
his books it the bible of bitcoin
he's the guy who got me in. he's the og michael saylor when it was more about ideals than making money
would love to see another appearance on rogan. can't remember the last time he was on.
he's the "first" follower. very important role.
steady on. his contribution is not that big. he'd be the first to admit it.
it doesn’t seem like his vibe. while i agree he’d make a great contribution to the list of speakers, the miami conference kinda feels like a bunch of finance and business bros who have dollar and bitcoin signs in their eyes. they’re interested in how bitcoin can make their business flourish and celebrate others like them joining the fold, and andreas’ tech focused approach might go down a bit dry for this crowd, sadly. bitcoin is at a stage where it attracts people from all backgrounds and walks of life. maybe antonopoulos just thinks he can make a difference speaking to other audiences.
actually, all the btc educator are very good at it, now most of them are shills doing cringe and i hate them
i wouldnt say that bitcoin offers that amount of freedom just yet for people like me who started 2021 onwards. there was a great year like 2020 which btc literally went exponential and there was 2021 where mostly we got sideways movement and downtrend. someone who started april 2021 for example would be completely thisappointed till now. i dont know if btc is going to 100k or 15. all i know is the price btc is right now. btc for me is just another way to make money effortless if you re smart and patient. definitely wont make us rich enough to buy lambos anytime soon
ah, 2011, same year i got into bitcoin. i've never understood in the early days, why people get angry or hostile at mere mention of bitcoin, like i'm trying to scam them or something. i remember when i first heard about bitcoin, from a news article on slashdot, i was amazed, excited and never once thought it was a scam. i remember some guy asked in 2012, on reddit (i think it was on r), where he should invest , it is all he had. i told him buy some bitcoin, he could have gotten nearly 1000 bitcoin with his . man i was destroyed there, multiple people called me a scammer or ponzi, my post was heavily downvoted. luckily the op defended me, saying "hey i asked for advice, and this guy gave me advice, i'm happy to hear about it.". i hope he took my advice and he could have totally turned his life around.
i was laughed at and ridiculed just having a sign in my booth when i accepted bitcoin for my photography prints.
. satoshi was a millionaire at .
some people do not think it be like that
i legit don’t know about it back then
i heard about bitcoin back then but i did not know how to buy it. it seemed way more complicated during that time.
>there was always something new to learn or realize about bitcoin and the impact it could have on our world that's a funny perspective to me. i only really started studying bitcoin early 2021, although i already bought a couple of coins back in 2015 to buy magic shrooms. have been putting in about an hour per day on average for the past 365 days and although i think i have good macro understanding today, i'm going more into depth on the technical side now as well. especially lightning. still learning new things every day and it seems crazy to me that at some point there are very few new things still left to thiscover.
bet he is not sad now. probably living the good life
guy in green with a ponytail is probably satoshi.
the truth comes out.
class act that guy.
what’s crazy is 69k ain’t shit either
i passed the chance when bitcoin hit , i thought it was over and i am too late
honestly if you tell me to buy today something at …. hindsight 20. also dont forget that back in 2013-2015 there werent many exchanges out. the whole process was difficult
> i also passed on buying it at . did you send those "friends" a missed cost of opportunity bill? friends do not let friends not buy bitcoin.
yeah i think the "coin" part threw me.
whenever people criticise bitcoin with “it’s supposed to be a cryptocurrency but no one is using it as a currency!” i want to tell them bitcoin is exactly what it says on the tin, it’s up to us to adapt and learn to use it to its full potential. at the risk of sounding like saylor, humans have thiscovered the metaphorical fire of the 21st century. it’s going to take time before we understand the implications and apply them to better our lives.
hopefully the date was in the bathroom buying bitcoin.
yeah, and i am just thinking of people who walked back before start
i’m sure he has that same smooth look now that he is a multimillionaire😉
you could have been a depressed barely functioning rich lazy bastard if you just moved your finger, hovered that green "buy" button and fucking clicked it. you could literally have become a millionaire from your bed, dude.
oof, really? goes against everything bitcoin stands for...
flip a coin and you will know
according to wikipedia he’s in his 50s now which seems crazy. he looks and sounds about 30 in this video and he hasn’t changed since then. healthy lifestyle i guess.
everyone has different stories for not starting early investment in bitcoin
i just regret now for not listening this guy back in 2013
concept of bitcoin and communism is totally different except control of government
lol, they must be listening this guy after everyone left and filming was stopped
yeah and, they should be thankful to anyone who gave them information about bitcoin
yeah and those people must be making enough profits from their investments
he must be having enough holding in bitcoin, enough for the moon
same here, but that time i did not heard about bitcoin, else i would have attended
everybody interested in crypto, or everybody? because some just see this through ...
russians must be holding enough bitcoin because of fall in ruble and stocks
what a silly comment. be kind
is he a millionaire now? has to be right??
only worth 50 million though i mean
^* andreas m. antonopoulos
can you tell us his name for research purpose
what is his name?
if only there was a short squeeze involved
he had me at gold, camels, and drugs.
which video can you link it please?
he doesn’t believe in basic science. he’s a clown
yea, that book is awesome!
a great educator who doesn’t believe in basic science…sure.
same. interesting to hear other concepts and ideas about the space. not just hodl or when lambos.
yeah i always viewed him as the paul the apostle of btc
so cringe watching michael saylor act like a btc expert. he did not get it and was saying it would go to zero for years.
very well said. real recognize real.
it sounds like you're not applying bitcoin as a currency. buy something with bitcoin even if it is small like a local jar of honey. offer to peform a service with bitcoin as payment. send bitcoin to someone across borders without financial fees attached. the freedom is already there.
making insane gains from bitcoin is not what bitcoin was created for. this comment is so out of place to someone praising andrea's service to btc. you do not even understand what btc is for by the sounds of it, it is exactly people like you who can benefit from listening to his speeches.
you talk about freedom and yet the only thing you mention is price. you need to go listen to andreas.
i got into bitcoin during april ‘21 because of some news headline about elon musk of all people, but it was andreas’ education that made me actually understand bitcoin and why it matters. i wouldn’t still be here with all my sats and a lower average if it wasn’t for his education. imho if you dream of lambos and moonshots, go play the lottery. if you want sound money and building wealth over time, stack bitcoin.
if you think the freedom bitcoin gives you is simply based on price appreciation, you do not understand bitcoin.
ah 2011 same year i got into crypto.it was a total shit show back then. strange coin pumped and nobody knew why. everybody was total pumped but nobody understood cryptocurrency and blockchain back then. it was the wild west. i remember buying bitcoin for a five figure . and now look at me, look at all that had thisbeliefs and told me it is a scam and a useless technology. today i can say my profit is way beyond my imagination. it's down 30% and i'm still not knowing what's going on. edit: i got in crypto in 2021. sorry for the typo. edit2.0: . wtf :d
i like to believe that he read your comment and thought "well , but i'll do 100" and now he is living the dream
i made money selling at hurts to think about now
notable that satoshi thisappeared shortly after bitcoin crossed the one dollar mark. i tell people that getting bitcoin from one dollar to , but getting bitcoin from zero dollars to one dollar ranks with jesus turning water ino wine.
i remember reading about bitcoin in 2012 and it blew my mind. the idea was really cool but i did not see it getting mainstream anytime soon. 10 years after learning about it for the first time, my savings are into bitcoin and i get paid using bitcoin, something i wouldn't imagine happening in at least 20 years more.
he actually doesn’t have much. apparently sold it most of what he earns to pay for travel, speaking, conferences, etc
we ll have to see about that
this is so true. “this bitcoin thingy costing ? a string of numbers?! hahah good luck selling!”
it's so weird how people focus on the price per coin, which means nothing. it's the market cap and available supply that matters. the decimal point for 1 btc could have been several points in either direction and it wouldn't make a difference.
don't stop letting people not help.
the title of satoshi's original white paper is bitcoin: a peer-to-peer electronic cash system. the tin is clearly defined.
sure let me take money away from buying food and medicine i need so i can make a speculative investment. not. this is why they say hindsight is 20. at the time there was no way i could. i could have made millions with other investments too, but nobody knows the future. i do not regret keeping myself from being homeless during that period.
yup, read his tweets
i only thiscovered him in late 2018... i was in the space and buying crypto but really was not sure what it was truly all about education is the key and the history of what money.
everybody whos interested in new technology. the book is dedicated to the bitcoin community. but i think everybody should read it!
lol this is bitcoin not r run along
at least some years ago he said he was not, because he is always sold his coins to go to conferences and other travels to spread the word. that's why he has a patreon.
if i recall at the initial run up to 20k back in 2017, some new bitcoin millionaire donated to andreas to make him a millionaire all because roger ver said all that preaching he did he was not a millionaire.
easily much more if he kept his coins
he wasn’t a millionaire, but roger verr was shaming him for this fact so we came together as a community and made it right in few hours.
yeah, but that depends on his situation as well. he could have sold in 2018
>andreas antonopoulis google said: net worth in 2022:
of course. andreas antonopoulos.
his name is andreas antonopoulis
same is slayaor doing.
what more do you need?
do you mean "basic science" as in the scientific process as such, or "basic science" as in what some corrupt, centralised institutions claim to be "basic science"?
and you spread lies and fud. how's any of that relevant here though?
what the fuck are you talking about? you keep saying this shit without explaining. if you aren’t going to elaborate why bother saying it? really sounds like you don’t have a clue what you are talking about.
i was thinking johnny appleseed. but yours is better.
i would be on a private island now had i not spent btc like currency back in the day (that would be ) unfortunately coupa cafe in palo alto accepted it and i went there a lot. i also remember talks by andreas and treasure those moments. and a shout out to scott who made those early day meetups happen that brought in speakers like andreas and 10 people showing up was a crowd.
can confirm, bought some drugs from canada
cant buy much tbh
insane gains yes yes it was satsohi specifically mentions the being worth nothing or a really really a lot. satoshi said to the effect it was 100 millon gians or so on the upside and those were pretty good odds to take
nobody understood cryptocurrency and blockchain in 2021… three months ago?
i got into btc around 2013. most people just sort of rolled their eyes at me when i told them it was going to replace our existing system. people were generally neutral-to-thisinterested. it’s *wild* how angry people get at the mere mention of btc today. people have been programmed to hate it by the powers that are threatened by it.
i messed around with mining super early when it was like . i never actually let it run because it did not seem worth it to make ~. and there wasnt anywhere to actually spend it, so it felt basically useless.
if satoshi had been buying lambos everytime btc went up another 1$, it would have been called a rug pull scam.
you were way ahead of me. i don’t think i learned about it till 2014-2015 when i was in college. i majored in electrical engineering so many of my classmates knew about it. but as far as i know no one purchased any. 2019 and 2020 really opened my eyes to btc. i didn’t see a purpose but as i understood the world more and more i realized how wrong i was. i was really late to the game but at least i’m in it now.
he was sent 100btc by some whale in 2017
he has something more valuable than money now
rest assured, he made it all back and more in speaking fees. not to mention the pineapple fund. andreas is not hurting at all.
someone should talk to those nft guys
what's even funnier is that price all together did not really matter, compared to the freedom and revolutionary nature that bitcoin provides. to me, it is literally priceless... meaning that there is no number of fiat that i'd rather hold instead of btc itself. i think saylor said something to the effect of: "you buy bitcoin at the price you deserve bitcoin." the ones that buy earlier got it reality and deserved all the pumps. the later you buy, you're still getting a good deal... but you'll also be dealing with some feelings of anxiety. those who hold will be rewarded. guaranteed fact of "mathematical gold". unstoppable... uncorruptible... neutral... mathematical gold
thats a truly staggering point you have made. and no one knows the true depth of your financial situation at the time. but i’m sure you could have found a way to cough up . that would have been one of the best decisions you could have ever possibly made.
hes definitely a millionaire. potentially a billionaire. he isnt spending his btc on lambos and hookers. he accumulated a lot. just doesnt want to make himself a target so plays it down.
if he believed in it that much then that’s literally his fault for using up his coins. he already had the foresight
oh wow ive been listening to bitcoin audible podcast, ive heard his name so many times haha thanks
thanks, he is really good at explaining things.
that muppet created a new account just to fud bitcoin, look at his history lol
much respect, people like you are the reason bitcoin has gotten to where it is today
same. i *used* lots of btc from 2012 - 2016. bought everything under the sun. loved it when newegg accepted crypto and gave a thiscount.
no. being a side effect of adoption is not the same as intention behind creation. likewise, being "worth" acquiring bitcoin is not the same as "making insane profits". bitcoin was not created to make you rich. it was created to stop you from being poor, and escape the rigged system, thereby evening the playing field.
i mean... yes, people still don’t understand it, because they’re still using the “blockchain” buzzword and largely don’t understand what they’re buying.
how did you find out about it so early on?
i was into reading about bitcoin and mining it a little back before it even made it to . there used to be bitcoin “faucets” where you could go to a website and it would send you bitcoin for free so you could learn how it worked. i’m pretty sure you could send people bitcoin on reddit, as well. when that guy bought a pizza for 10,000 bitcoin, it was a pretty big story.
that was the issue for me! ugh!
if you wanna get a good price on btc, buy when the nft bubble pops. it's ganna be big. tether will probably die with it.
actually saylor is quoting dan held there, but yeah. we come around when we’re ready and pay the price for it, i suppose.
only if i knew the future! it would have changed my life too if i fucked betty instead of britney.
i would not make that speculation. in fact, if i recall correctly, he had not accumulated a lot and said as much on a podcast or something. upon hearing this, people donated a fair amount because they like him so much.
what is the purpose of currency, if not to exchange it for goods and services?
some people find greater life purpose in sharing knowledge than accruing wealth. he is one of those people. you clearly are not, therefore no one expects you to understand.
old ape always believed banana valuable. get many coin for banana, old ape always say. many moon later, new ape get many coin selling banana. old ape right. new ape give some coin to old ape, because old ape right all along.
yes. you would imagine that he would be a millionaire without donations but people forget that he did everything in bitcoin. include paying bills and raising a family. i’m sure he was doing well at times but he had to pay bills even when bitcoin was down. he always had cold wallets though i would imagine because he always preached about them.
apologies for the confusion, it was late at night and a little tired. but then again as wise guy once said “why use many word when few words do trick” here’s a quick article i found talking about the donations. [
lmao what you said makes no sense, almost had a stroke reading it
>yes of course, let us decentralized science next. this is just gibberish. please, explain to us how science in centralized.
peter schiff on his alt account.
yep, what a tool, only goes for emocional attacks too
if it was around , they are probably talking about [2011 or 2012]( it was quite well-known already by that point. heck, in january 2012 it was even the focal point of an episode of the cbs drama "the good wife" ([episode 13 "bitcoin for dummies"]( when a technology is the main hook in a broadcast tv show, you know that it is become a popular buzzword.
i honestly do not remember. i've been on the internet way too long to remember most of it.
i heard about it in 2011, my father likes reading a "hackers" magazine and there was an article about bitcoin. he told me about it and we both came to the conclusion of was useless. it's still useless but we'd both be millionnaires several times over of we had bought .
if you were the type of person that builds websites, webstores and generally techy, it was impossible to miss, it was huge news in many tech communities back then.
not him but i heard about it on /. people were making mining threads at least as early as 18cents per bitcoin. pretty much the people i used to shittalk with in those threads are likely all doing atleast okay. i had a shit pc, i spent a day downloading the ledger, left it on for 2 days and turned it off as i could not play games at the same time. i remember it crashing at like 20 dollars, thinking "well, i guess it was fun while it lasted", seen it every big crash so far. still not gunna buy lol. too much for me and i think it is too late. but i have been wrong every time since.
yep. i remember those faucets. when it first broke ,000 i scoured every hard drive and email account i had to find anything. sadly nothing.
does anyone know what pizza store accepted the first commercial btc transaction?
>he had not accumulated a lot and said as much on a podcast i would say the same thing if i was him.
if you had accumulated a lot of bc, would you go crowing about it in public? lot of people out there in the evil world who are looking for people to victimize.
assuming you own some bitcoin yourself, would you use that to make your next somewhat big purchase?
assuming you own some bitcoin yourself rn, would you use that to make your next somewhat big purchase?
huh? u don’t have to give away your bitcoin to “share knowledge” about it. wtf are you saying
“all that preaching he did he was not a millionaire” that sentence, at the ending, isn’t complete, and i can’t tell if the answer was “yes” or “no”
ook ook 🦍 💡 🧠 🤯
i wonder if courtney kemp (writer of the episode) bothered to buy some. she had to have done some research and, given the job, should be smart and have the means. of course it probably was more comlicated back then from a technical standpoint. would be a nice token brown woman to show off to the retroactively claiming "its a white male"-thing crowd. i consider myself "earlyish" but 2012 i was asleep. now that i think about it... where might she heard of it? perhaps from nerdy male friends\`? aaaand i am back to my regular sexism :) i was not myself there for a moment.
i actually remember that episode….someone was being sued by the us government and the person who went into the office didnt want to reveal who made the coin, right?
it was around the internet back then. heck it was on the big bang theory. if you're like me, most people were interested in the mining aspect because of the money portion associated with it. i do not remember many people actually buying bitcoin back then though. at least anecdotally.
the pizza place did not accept it. the guy paid some other bitcoiner to get the pizza for him if i remember correctly.
like the other contender said, another person accepted the bitcoin and ordered the pizza with dollars. the pizzeria is a papa john’s somewhere in america and they have a little plaque on the wall commemorating that bitcoin pizza transaction.
i'm saving my coins for the day i can buy a house in btc without converting it to fiat first. in 5-10 years, i hope to make an offer to a seller without a realtor to translate a mortgage application...
bitcoin wasnt created to hit 60k, it was created as an alternative and he used it as an alternative
yes, bitcoin serves no purpose sitting idly in your wallet.
like i said, you wouldn't understand...
old ape only get many, many coin from banana, once new ape share coin.
really? you cannot figure that one out?
> now that i think about it... where might she heard of it? perhaps from nerdy male friends`? like i said, it was being pretty widely thiscussed; that is why there was an episode about it. she could have heard about it on [an npr podcast]( or heard it [thiscussed on the radio on npr]( or read about it in the [guardian]( or in the [new york times]( or in [wired]( or in [the new yorker]( or in [forbes]( or on a random blog...[there was a big spike of interest in it in about june 2011]( which makes sense timewise for an episode broadcast in january 2012. you did not need to have nerdy friends to know about bitcoin in 2011, it was quite the buzzword. now, 2009 or 2010, that would be a different story.
i highly recommend you never spend it, instead borrow fiat against it.
but no one is using it as that? why would you spend something that has massive potential to increase its value? just use your regular money. unless your buying drugs or doing some other illegal shit with it, there’s no reason using bitcoin is better. you can say that it might be faster when making p2p purchases but that’s not a valid excuse imo.
if they couldn’t and they asked for clarification what does that mean? i don’t see anything strange i also kind of got confused by the original comment from the sentence as well.
yeah tats true personaly i was thinking about that time before btc first wave but after idk why he dednt save like everyone doese with normal money
been buying in and selling since 2014 to buy on silk road. never selling after learning my lesson the extremely hard way
please do not crop the artists name out. this was made by lina seiche.
i'm buying no matter price till i have at least one whole coin.
thats why im always rushing b side in csgo
so true, let be what it will be. 20k or 100k december 2020. the point being 2025 will be way higher, everyone needs to take a breath, step back and just let time do its thing.
hodlers are made not born. except for me of course. hodl since 700b.c.
a good time to remind - spend some time to learn the technology and the possible applications, then imagine the applications that have not even been thought of yet. it helps innoculate against the price fluctuations.
just buy when its low and sell when its high, how hard can it be
it was under 20k usd forever before very recently. "crashing" to 30k means nothing. paper hands are idiots. they'll be kicking themselves in a year or two.
just hold. ride the waves
droppin stacks, stacking sats.
the only thing i stress about when price drops is not being able to buy more
i do not understand why my parents did not abort me with these god-awful paper hands that cannot hold for shit.
just always buy and hold?? i just got in last week. thinking about just continually throwing loose change at it. it will always go up??
everybody’s gotta learn sometimes...
this is super accurate, it is easier hodling if you are in green though.
just hodl until you’re comfortable to take profits. never take a loss.
that's me. i hold it for a year just to sell it right before it started rising like crazy.
bitcoin usually trades near its mining cost (today ~,500) that’s where it’s headed, not ,000
old fart here. while btc ain’t stock, i bought and held stocks through crash-boom cycles in 1987, 2000, 2008-09 and 2020. never sold. retired in my early 50s. now i am hodling an interest in btc; bought some near peak, and have dca’ed the rest. i’m hodling till i’m drooling and in a diaper, then i’ll bribe my way out of my nursing home using the btc.
nothing gets your point across effectively quite like shamelessly stealing other people's comics.
every influencer who talked about selling there bitcoin during the bear market in 2017 and if they had held, they would become millionaires. only time can tell.
been holding since my first time investing when the price was around ,000. not selling until at least 100k.
now do 2013-2020 it took 3 years to go from ->, and 3 years to go from ->
i bought bitcoin once approximatly 400, i cashed out for abit of cocaine
i dont have much in but im definitely not selling for years.
now do one with 2017 included
30k is not the bottom
it's a 4 year cycle.
human (faulty) psychology at work
definitely bought at 20k and sold at 15k and once again bought back in at 45k. i’m not letting go this time.
i totally agree with you
i have used bitcoin in the past as an alternate source of transaction besides paypal and other sources. i used to sell it all after a few days for my local currency. but this month, i've decided never again. better late than never right? i will hodl bitcoin till the end of time.
the silkroad was probably a major driver for btc adoption, it was a real world use case for the crypto, i’m sure no legitimate market has ever come close to the amount of btc transactions. i often wonder where adoption would be without ross.
you will never get tired of people prescribing value to something without it having any attachment to real value.
today is . i had bought it at ,000 cad. why is it going down and down and not going up?
not 2022, maybe 2024-2025 for 200k.
you never loose till you sell!
me hodling since 2013. carbon hands, turn into diamond hands.
it is cute people think it is done dropping.
only one world, hodl
why did bitcoin suddenly crash today
they are so cute
but i want hookers now!
except a ton more people are concerned about the environmental effects this time around...🤔
this time is gonna dip hard
not very useful as currency, is it?
nah bitcoins dead lol
hilarious!!! this is right on point...
this is the future 🔮
worst day comes, nevertheless lesson is learned.
the only thing i stress about then price drops is not being able to buy more
whatever happen dont put your coins in freewallet apps. they will run your money! lol
change bought <> sold 🔥
needs a guy with lambo that bought in 2012 in the background
agree bitcoin will never fade! it is so high that i cannot buy now! just diversifying my funds on melalie since still undervalued! they have physical business and app already available in playstore and ios!
i really hope man lol.
it is amazing how it happens in short term.
saw that happen in a matter of 10 minutes... all three cases
i swear i think people buy and sell so much because they see traders in movies doing it and think that is how you invest. naw, you buy something you believe in (otherwise do not fucking buy it) and hold it as long as possible. easy.
i'm the ape that is been buying all the way down for the past couple months.
price appreciation is rigged into bitcoin when people started fomo mining. cant be stopped now. show me a way
one the fed has their own good luck.
it’s a path we all most take
gotta have diamon hanzzz
i have been holding bitcoin dodge coin or however it is spelled for like ever it seem but it has been a few months and these down times are tough when i bought more when the value was mich higher. i am walking the line and hope my financial situation lets me hold on for the next bounce. then i can relax a bit. until the next drop in price. the rollercoaster of life.
it may not age well.
once again. buy some every payday and hold for 5-10 years. stop panicking over the price, don’t throw your life savings in. you’ll thank yourself in the future
meen, i want my mcdonald’s cap back
the main question is when we will see recovery from current correction. im not ready to wait for another several years
damn! i feel just like that guy right now... 😭
good as it always.
1st comic dude is up ,000!
by next year i’ll have more than 30000+ worth of bitcoin
been holding since 2016 lol
i do not care how low the dip goes or even if we're in a bear market. i believe in the future of crypto and i'm not selling anything.
we shouldn’t sell for a very very long time no matter what
buy high, sell low. this is the way (at least at reddit).
if only bitcoin could hit 100k
that's not really how it works. it is volatile enough that you get multiple chances to buy back in lower than where you have bought previously even if you still sold low. i mean i know it is a meme cuz there is no way there is anyone out there that fomos into it every time just to fuck off when it starts to go down a bit. humans are not hardcoded retards, they learn after a while.
won’t the dates make it old after 2022?
it's very simple, buy in a bear market for cheap, take profit in a bull market.
as famosas sardinhas! 😀
2017me : placing order = peak price -80%... go get some beers and chill
if you cannot take the fall, take a vacation, leave internet behind, go to the forest, hug some trees, kill some bears, and everything will be just ok :)
take this back to 2017-18 in at 17k out at 3k and still have not gotten back in... gotta say that although this 36k price seems like a decent buy point, i'm still gun shy as hell about the prospect.
i hope more people spread bitcoin hate so that the price drops more.
buy high sell low. thats my strategy. works everytime too.
true story. if they tried to see the big picture this should not happened.
the tale of paper hands
wishful thinking *to the moon*
wish people posted this things when btc is high
i bought this month first bitcoin, time to hodl
this illustrates the hard truth for many including myself. i think this time i will hodl...
at least it ends on a good note! :-)
it's too accurate :d
i still buy drugs for btc ?
this is not realy i think btc go to 100k in the 2025 jahr
don't get carried away. btc and other crypto currencies only got inflated thx to three stimulus boosts. just hold your investment and see where the wheel of fortune takes you.
2020 dip only happened because of covid. this dip is the actual end of a bull run so the last picture won’t happen.
lol i'm the 2021 guy! literally bought like 2k before the tip of the tip lol but i'm hodling and i bought the dip so let us go lol let us see what is what
the definition of a ponzi
eh. nah, the energy issue is too big to say this again. this will be crypto in general, but btc cannot agree on anything, there is a zero percent chance that btc does not lose to some other coin before solving the problem imo. that being said, i do fully believe that there is still money to be made by intelligently trading btc, but i wouldn't long term hold any pow coin.
never had this problem. i always learn from people who are more experienced than me.
this and the tulip mania every times the price goes down
and how does this help the adoption of it as a currency?
i’m selling all my bitcoin and putting it into amc
the timeline is off though. bitcoin only makes a bold move every 4 years. you’re not going to see 200,000 or 300,000 until 2024.
just get off with this shit! hope it crashes already!!!
someones gotta hold the bag.
and that pretty much illustrates the stupidity of bitcoin
aah, do not rip my wounds up again... i cannot type out how much ketamine i did in todays prices.
technically you didn’t sell you just used it for what everyone claims is it’s purpose today, but no one uses it for that... i did the same btw. at least we used it as it was truly intended
i feel like i have a couple million sitting around in a lost wallet or on the silk road. thanks for ruining my fun mr policeman
preeeeeach, i just want to cry whenever i think about how much i had. at the time it was a come up, but had i known about hodling i’d be living a completely different life. 😔
the silk road got shut down in october of 2013 though?
i essentially did the same, totally forgot i had some btc left and recently redound the wallet with 0.6 btc on it which was most certainly the only time i am thankful for my drug addiction
i mean it’s supposed to be a currency. it’s not going to take hold if the people who own it never treat it as such
drugs are bad, i hope you managed to get rid of those.
i had 2.5 btc on the road before it got shut down… pain.
ay dude! same here! you gotta remember though... when we got in this game there was a **heavy** push for us all to use it as currency in order for it to become adopted at that time the community really wanted institutions to begin picking it up and look at us now
> to buy on silk road yep, drugs are bad.
i gave you the 100th upvote
i grant you, the all-seeing eye award 👁
i gave you the 200th upvote
i gave you the 357th upvote
dca is the way when you are investing and not trading.
never even thought of this genius
it is the way.
i am fine here if it is not going any lower, it's so thisappointing to be in net loss after a bull market.
exactly. sometimes i think, this whole hodling thing would be so much easier if i was dead.
there's no skill required to hodl, just dca and everything is so easy in investing.
exactly. buy when im high. sell when its low.
soooooo is it high or low right now?
so maybe sell now and buy after six months?
nothing is wrong with paper hands, it is sometimes good to cut the losses and buy back lower.
well, go in with a plan, of course. some people decide they are going to get rid of student debt with btc. others plan on a home purchase. others plan on trading. others plan on borrowing against their stack to start a business. as long as you know what it is you're trying to accomplish, you will do great.
if you hold long-term, yes. bitcoin is highly volatile but by design increases in value over time.
it’s gunna be a rollercoaster ride. so just don’t bail at every drop and you’ll be ok.
complete noob here. i would be surprised if anyone really knows. if someone does, (s)he probably is not going to post about it on reddit. historically it has always gone up but, past performance is not an indicator of future performance. throwing a small amount of your monthly savings at it in the knowledge that you might never see the money again seems reasonable. if it continues to go up you make a nice return, if it drops off a cliff you've already come to terms with losing the money.
depends on what you want to do, if you are investing then i will suggest you to dca.
change your heart, look around you change your heart, it will astound you
facts i was in the green for a long time and then i invest large amounts as it went up and now im down 20% on my investment : of course i been buying the dip but it keeps dipping lol
i will gladly wheel you outta the old folks home for a mere .025 btc. a steal if you ask me.
so back to 65k in 2024?
the run up in feb went from 20k- 60k. that’s institutional money. so the floor is right around that 20k mark (probably a bit below) - it’s going to be interesting to see how many hodlers there are as we approach the floor.
could be the new bottom, maybe not though.
because that’s what it do. you can decide if you want to lose or make money… you just can’t always decide when.
to weed out the paper hands
every market has ups and downs. absolutely nothing can continue straight up without having pullbacks and crashes. the crypto market is just on an extremely fast time cycle, so we have bull and bear markets within a few year timeframe. that means crypto is extremely volatile, and can go up 20x and then drop 60%. the volatility means short term trades are extremely risky. however holding longterm can be extremely profitable, and the longterm trend (for over 10 years) is up. so the best course of action is to dollar cost average and don’t invest more than you are capable of. then ride the waves 🌊
look at charts from 2013 and 2017. they look eerily similar to today. hold on
it's a test to see if you'll hodl until it goes way up, which it most likely will.
coin go up, coin go down. you cannot explain that.
it was like 10k cad a year ago. it's going up you just have not held long enough
it's cute people think the bull cycle is over.
and then what? if you hold forever and never spend, you might as well not invest at all. it's like having a wallet full of 100's. if you intend to never spend them, it is like you do not have them. what you're really saying is "hodl" until i cash out at a high enough price.
we're in a bear market now. it's gonna keep getting lower. that's why everyone is selling and people are screaming hodl. the actual holders do not care. it might not be a bear yet, but it is looking like it is gonna keep moving down. so people are selling with the intent to rebuy when it is at the bottom.
if someone could know why a crytpo currency tanks or grows, it would be worthless. kind of like giving everyone 1 million dollars. like yeah good job, you’re a millionaire, but your groceries cost 50k rofl
me too bud, me too. with patience the hookers will come. we have to hodl for now.
if they were really concerned about environment first thing would be boycott fiat currency that is far more as harmful than crypto. btc is compared to gold as store of value and even gold causes more carbon footprint than fiat and btc combined. also unlike the other two bitcoin will atleast get grenner with time. people are just stupid they will eventually again buy bitcoin at the top without caring about the environment.
i hope so, that would be a nice thiscount.
"humans are.not hardcoded retards" oh, the bliss of youth. wrong!
ironically enough, this could be a good play
lol are you referring to tulip mania as like, a good thing to look up to?
i dare not dig up my old seeds for the wallets i used on these markets... but about 3 fiddy btc *did* get a dozen people high for about a week, back in 2016. edit: apparently a lot of people may have some regret about their past drug habits, lol
i did a cool 30,000+ worth of acid, by today's prices. but like... if people did not use it as a currency, it wouldn't succeed. it's the difference between bitcoin and some random nft. bitcoins have utility through use as well as rarity, nfts only have rarity. so if everybody just hodl'd, it never would have gone up in the first place. consider yourself as part of bringing btc to where it is today.
you did not spend today's current price on drugs, you spent the market price of fiat for btc at the time. you weren't buying to invest anyway. don't beat yourself up over it. if no one bought drugs btc would have never pumped in the first place. it was the first and only time crypto currency has ever been truly useful for people other than speculation.
i estimate i bought half a million £ of k at today's price in 2012. only just decided to buy in during this dip. want to put everything i have in now but gf would not let me
ketamine huh? i used to be a bit of a ketamine connoisseur myself. good times, good times...
lol i used to do transactions with bitcoin too back when bitcoin was at like ~... i’m fairly sure i had around , in a coin base wallet that i forgot about, and now am unable to access no matter how much i try. fml
hahahaha damn...never thought about that...fuuuuuck 😬
just helps you remember how stupid drug use can be for the rest of your life :) lasting lessons are worth every penny.
the first gram of weed i bough on sr would be worth over £100,000 today. i mean, at least i used it as currency and contributed to the strength of the network, right? right? :(
yea, you actually experienced bitcoin. 👍
i think they made several new version after the precedent was busted
good thing nobody's hoarding fiat
yes me too i have a po box he can send them to for thisposal if he hasnt already.
lmao drugs are amazing and i have no regrets
i hope you do not take any prescription medication ever then. or drink coffee. or beer. drugs are everywhere bro lol nothing bad about them except throwing people in prison to rot for it.
i gave you the 15th downvote
gave you the 100th downvote
gave you the 50th downvote yay
he’s taking about the next halving.
at least you'll be there for the next one. but i do not think this bull market is done - this is just a pullback (albeit large)
that's what i've been doing. i'm optimistic though.
yes, everyone gets profit and no one loses?
bought in at 6k a few years back. sold at 10k in sept 2020. got high, bought in again on dec 1st, 2020 at 18k. happy getting high helped me pull the trigger again. :)
damn, i cannot believe nobody ever thought of that
what happens to amazon when everybody goes back to buying everything in physical stores? what happens to email when everybody goes back to slapping stamps on envelopes?
and my mom has paper cuts all up in her womb too!
yup!. i'm gonna buy goldman sachs with mine when it gets to 100k
by design it requires more and more money to maintain the network to keep the price going higher. eventually that stops and it becomes worthless as nobody will want to foot the bill. it’s a ponzi scheme designed to fail, the only question is when.
i was averaging up through the bull run, hard not to.
hope your time line is years! lots of people go onto the next big thing in months or a year, but bitcoin might take a decade.
because i made the mistake of not creating a full 3-6 month emergency fund prior to investing a larger sum into bitcoin. i’m confident bitcoin will reach 100k, probably higher later on, but before i can take on that much risk i need to ensure my emergency fund is ready.
i do not feel so good
yeah that is why
you hold until you do not need to 'cash out' because you do not need to use cash anymore. also hold to keep secret assets your government and.
i think most people just repeat it for shits and giggles. but i think the original idea is to hold until bitcoin is widespread enough to become a stable currency.
firstly when talking and think crypto, take your minds of fiat. making an example with a wallet full with 100’s wasn’t necessary at all. i didn’t say hodl forever, if crypto is your only cash flow of course you can sell off from your profits (only when you made some) for your basic amenities
yes, hodl till you attain your goal. when you get there, if you still have the zeal to continue, hang on
i need one coin to be worth 40 million. that’s my selling point.
but 90% people are gonna rebuy at the top again i've been seeing this since last year's dump, very few dare to touch btc at it is lows and will miss the bottom.
> with patience the hookers will come. or they will just fake it.
many inaccuracies: >if they were really concerned about environment first thing would be boycott fiat currency that is far more as harmful than crypto. not true if measuring energy consumption per transaction. and this is what you must do of course. > btc is compared to gold as store of value and even gold causes more carbon footprint than fiat and btc combined. it takes energy to get a kg of gold out of the ground, but no energy to keep it. a bitcoin needs continuous energy inflow even after it is mined. otherwise it becomes worthless. > also unlike the other two bitcoin will atleast get grenner with time. once energy production is 100% green, energy for both fiat and bitcoin is 100% green. saying only bitcoin gets green while fiat still produces co2 after that is dumber than dumb. >people are just stupid q.e.d.
no, as something that gets cited every single times the price goes down even tho clearly they are two completely different things
that's it? back in my day, a quarter was 100 btc... i'm not upset i cannot find my old wallets... no, not at all.
i bet it is that god damn loch ness monster manipulating these crypto markets!
nft's have value because the art has value. but most nft's are worthless.
well put. this whole conversation here just confirms that bitcoin, being extremely deflationary if successful, is useless as a currency. everyone regrets using it the way it was intended to be used.
> it was the first and only time crypto currency has ever been truly useful for people other than speculation. disagree. i think the most common use today is for people from china.
sell her then for crypto. win win.
sorry but i just cannot get over the image of you realizing you snorted half a million dollars worth of ketamine. been laughing for like 2 minutes straight.
what happened when a market closed down?
i'll never understand what people like about ketamine. i often heard about the anti depressant effect. my only thought during it was "this only acts as an anti-depressant because people cannot wait for the feeling to end so they feel normal again and they take that energy over".
i got some btc out of old wallets, could help? have you got the original device you created the account on. tends to recover better.
oh no, i enjoyed it tremendously.
it is crazy to think back to smoking a blunt worth like half a million dollars in today’s money lol
i bought drugs with bitcoin from 2015-2018. no regrets at all, loved every second of every experience <3
not the good drugs. psychedelics are indubitably medicinal if used respectfully. there’s a reason why psychedelics have finally begun to emergence in western medicine as a viable treatment for various ailments, namely psychological thisorders like depression or ptsd. i can confidentially say i cured my own long-term depression from taking psychedelics, particularly mushrooms. i’m not on any prescriptions and i don’t take mushrooms more than once a year. any brief time worth researching will show you many psychedelics are safe if used responsibility.
drug use is not stupid if you can handle it and do it in moderation. spare us the 'ruin your life' bs.
he wouldn't bought btc
don't tell me money does not buy happiness when i am so happy that money buy drugs
drugs, narcotics to be precise, can cause illusions, severe addiction and health problems, alcohol can do that too, but you need to consume more alcohol to affect you, while cannabis for example hits you immediately. coffee does not have any considerable side effects if you consume 2 cups per day, beer one or two times per week, or even one per day does not effect you at all, except from some wide belly. drugs can literally kill you if you take too much at one time, lives has been destroyed by them, and alcohol too, but from coffee? none.
such a cruel world, bootyass2
30th downvote, about 15 an hour. nice.
at this rate i might beat jaekkiko’s votes. shieeeeeet
where he says 2020, not 2025
what if i'm high?
wish i could go back in time and tell bill gates that the internet will never work. we have magazines and radio and newspapers to get our interests and information from...
how does it require more money to maintain the network as time goes on? (because it doesn’t). it’s not a ponzi scheme, and i’m prepared to debate it
probably after they mine the last coin. someone said by mid 2100
we’ll have died of old age by the time that happens, so no worries there lol
you actually have exactly as much money as you have
> you hold until you do not need to 'cash out' because you do not need to use cash anymore. that’s never going to happen tho. as long as people consider the value of cryptos relative to dollars (or other currencies), it will never be a standalone currency. you dont go and drop 500 bucks of btc on a tv cause in a few years that 500 dollars worth of btc will be worth 2000 dollars for the same amount. the only thing that’s constant is that the value is linked, in on direction, to official currencies. and you need to pay taxes in dollars. it’s the legal tender and by law the only form of money that can be accepted by the government as tax. that’s where the value of the currency stems from.
except that won’t ever happen. it costs 20, and that is only going to go higher with each halving. the only reason people are mining to maintain the network is because they are getting free bitcoin from it. it’s an anti-scaling phenomenon, as the price goes up the cost of running the network increases, but the number of transactions processed stays the same. crypto in general is a really powerful idea, but the bitcoin implementation is doomed to failure.
it's still basic human psychology in effect
it’s just crazy to me to think how many wallets will never be recovered.
well it was about that time i realized it wasn’t no girl scout selling girl scout cookies, but was in fact a 20 foot tall sea creature in thisguise!
sorry for the late response, just saw this... i do not unfortunately. changed phones several times since then. i believe the original was traded in for an upgrade several years back. :/
i still do, but used to, too.
how do you get your head back on your shoulders?
or chewing up a 40k hulk 🤣
so as soon as you used cannabis as an example you lost all credibility. some drugs have the potential to be more dangerous than others, especially in an addicts hands or even just someone who does not know what there doing. alcohol is by far one of the worst drugs out there but everything in moderation is generally okay. there's so many factors that come into play so many types and different uses for narcotics you cannot just be like hur durr all drugs are bad.
if you take too much alcohol you can also od, your point is not direct. anything misused or abused can hurt you, food, prescription pills, even beer or wine coolers… moderation is the key and drugs are just hard to moderate due to people abusing nature. but if can handle hey bro! do you!
this is... one of the more misinformed posts i've ever seen about drugs. congratulations, friend, you have no idea what you're talking about.
distinguish between “white” drugs and psychedelics.
coffee has actually put people into mental institutions and caused a wide variety of issues. caffeine really isnt a nice drug.
it is, be the change you want to see.
then wait til youre low
it’s not actually a ponzi scheme, ponzi schemes pay profits from recent investors and lies about the income source. bitcoin is what it is and everyone knows it. yes, it relies on continuous interest and investment to raise the price but that isn’t the goal of bitcoin. it’s to be used as a currency. i don’t buy usd in the hope everyone else does, holds and increases in value
running the btc network is incredibly expensive, currently that expense is being subsidized by giving free bitcoin to miners. but the reward is constantly halved every 4 years. eventually that reward will go away entirely and the users of the network will have to foot the entire bill themselves. considering the amount of transactions the network can actually process, the cost per transaction for users is going to be too high for it to be actually used as a world wide currency.
fees are dictated by people who send bitcoin. the transfer fee in btc will go down as less and less people will be willing to pay higher prices in fiat equivalent of btc. however, what will happen over time is there will be more transactions and that will drive the average transaction fee up. there are already secondary networks in place that attempt to fix this problem. lightning network can be used to transfer btc for example there are almost no fees and it works instantly. also, who says bitcoin would not have an update in the future that tweaks the way transactions work? i used lightning recently to buy stuff from a website and it worked perfectly. didn't have to wait for blockchain confirmations as i usually do on mainnet of bitcoin.
there's an exceedingly small but not zero chance that in the thistant future someone will make a new wallet and it will be full of old coins already, turning them into a billionaire instantly.
girl scouts in your area must be incredibly tall
i would award you for that quote if i could.
i know a person that did that and everything else under the sun. it certainly rewired his brain.
that's something a loser would say
i am with you
so your way of saying drugs are bad is wishing death on another human being? very interesting...
with a lit j straight hanging from my lips.
not only does he bash weed, but he softballs alcohol and then uses weed as the example of something worse. he's a fucking idiot.
if you can function normally when being around other people i have no problem at all, but if a see someone not knowing his fucking name walking down the street while smoking weed, then yes i will be angry, also, drugs vs alcohol, what is more harmful for teenagers? you guessed? wrong! drugs, i have seen good people get destroyed over drugs, but from alcohol? we go out, drink a bottle each, we are fucking fine, and we may not drink for months, i have not seen anyone taking drugs being healthy, and in control. why to take something that makes you loose control everyday, every few hours?
then why don’t you use it as a currency? your own actions betray your words bro. im not saying its a ponzi scheme, in fact i believe cryptos are here to stay. however they will never be actual “currencies”. people use bitcoin as just another asset to invest in and make a profit... in dollars (or whatever your native currency is) when you use bitcoin to buy a thing from the store, you aren’t buying it in bitcoins. the price you pay depends on the current exchange rate between the dollar and btc. this dependence on the dollar, but not the other way around, proves it isn’t considered or treated as a currency. you treat it as a liquid investment, which you can at any moment sell and receive the equivalent value of dollars in that moment in time. you would never spend 1 btc to buy a car, because you know you could instead wait and let the value increase and sell the btc for even more dollars later. how the fuck would you consider that as an actual currency lol? it’s foolish to even attempt to spend bitcoins as currency, because of the fact that you can wait and get even more dollars out of it later.
if only the price per bitcoin could increase to maintain the same mining reward value after a halving...
how to use lightning?
fees aren’t dictated by an individual user, it’s a competitive bid process. currently miners are being subsidized by 6.5 btc per block, or over . eventually this subsidized mining will be replaced by transaction fees. so either fees will be absurdly high, or most miners will stop mining btc. and you should know having a mass exodus of miners is a big no-no, as it puts the network at risk. this is also the problem with relying on exponential price growth. more miners will join the network if the price goes up, but then you are kinda stuck sustaining near that level of mining. any large drop of mining power, from any level, can theoretically break the network. a mining group that was say 10% of the network can easily become over 50% if price drops and forces enough others out. and this isn’t even getting into the absurdly low amount of transactions the network can currently process. 5 per second isn’t nearly enough to be useful on the world scale. things like lightning networks are just a bandaid for this. how many people are capable of getting their own wallet, let alone setting up their own lightning node? certainly not enough to make btc anything more than a niche use case. and if you think you’ll be able to build consensus to make any significant changes to how btc runs, i’ll just have to thisagree with you. you won’t be able to build consensus change until there is some sort of panic that forces people to agree, which means something close to the network failing, before anything is done. i don’t know about you, but i wouldn’t want to be holding btc when that happens.
this is practically impossible. no point to mention it. it only serves the purpose of spreading fud.
how is this possible ?
the chance is near zero, but it is not zero.
if ever human being to exist since the beginning of the species were mining for that wallet nonstop with one try per nanosecond, it would take longer then the heat death of the universe for there to be a 50% chance of it happening once.
woo hoo, let us make this thing the world's reserve currency. it's perfect money.
just in case you are not familiar.
yeah people don’t always change for the better.
big homie, why do you think it will go up in value? it’s value is dependent on the latest round of pumping. if it isn’t used as a currency, the bubble will eventually burst.
well on exchanges it is usually the same way you send btc to external wallet except you do not type in the btc address you type in the unique invoice number that is generated for you on the website where you want to pay for services. outside of that you need to be running your own lightning network node and then you open a channel to another node. so, all this happens outside btc blockchain, but the contracts are cryptographically signed and then at some point it gets stored in a blockchain. the other side needs to support lightning as well.
i thought it was spreading hope that you might possibly luck into free money
it's fun to hope. i put the top ~50000 wallets in a hash table, and generate wallets against it as fast as possible. been running for about a year, total collisions: 0. but maybe the stars will align one day, like playing a free lottery.
when you generate a seed phrase, the blockchain doesn’t check to see if that seed phrase already exists. so technically it’s possible for someone to generate a seed phrase for a wallet that already exists. even your own. don’t sweat too bad though. the odds of that happening would be like getting struck by lightning once every minute for the next 60 years.
wallet keys are randomly generated, so there is a very very small chance of someone generating a key that already exists. however, the number of possible keys is somewhere in excess of the atoms in the known universe, so it is not likely.
so it is possible then
when i say exceedingly small chance, i mean you're more likely to win every lottery on the planet.
my cousin had a brutal stutter his entire life. he tried dmt twice a few months ago, and after the second time his stutter quite literally stopped that day. he still gets kind of tongue tied every once in a while, but he described it as anticipating a hiccup after having them all day, and kind of bracing for it.
the odds of a meteorite of pure gold falling through your roof are probably a lot better than accidentally encountering a hash collision, let alone one that contains a significant sum. i mean, the unlikelihood of collisions is the whole reason bitcoins are safe in the first place.
hmmmm so essentially i can put together 24 words and maybe by the straight chance of fate i could have millions . or no, i’d have to buy like 100 ledgers and then turn them on to see if i’m lucky lol ?
so, you’re saying there’s a chance...
i mean there is not something like random key creation. a computer do not know what random means. the creation is related to date and time. so this should not be possible.
i understand. never tell me the odds. what i’m hearing is... there’s a chance!
with 24 word seed phrases, there are about as many possible wallets as individual atoms in the universe. edit: technically it is about 100 times fewer wallets than atoms. but still.
you could use any wallet generation you’d like. you could even create algorithms to create thousands of wallets a second if you had the computational power. i remember a contest a while back where this guy put 1 btc in a wallet and then gave people 8. the guy who solved it basically rented a ridiculous amount of computational power and set up algorithms to brute force the wallet and deposit the bitcoin in his own wallet autonomously. long story short, don’t try it. in order to brute force all 12 words it would take you longer than the universe will exist. the only thing that would pose a threat would be a quantum computer that could process 1300 qubits of information. according to the law of accelerating returns, this won’t happen until 2029-2032. the closest we have now is around 74 qubits.
not true. this would be *very* unsafe. there's randomness injected into cryptographic generation to make it safe. this randomness can be from e.g electrical noise in hardware, or asking the user to move their mouse around.
you are referring to pseudo-randomness. while it is true that *technically* computers cannot create truly random numbers and have to rely on hardware noise and similar techniques to generate randomness, in practice these numbers are sufficiently random for most applications.
it's limited at 2^160 = 10^48 different addresses. you cannot increase this with more seed words. still a lot of course, but less than the 10^100 atoms of the universe.
does that mean bitcoin may be "cracked" within 10 years?
ahhhh so interesting ! thanks for the info !!!
i smell a trillion soon
"random" , as defined by an algorithm, had to be designed and is therefore paradoxically a controlled randomization.
it’s a risk sure but because of the way cryptography (and really any type of security) works, security will typically supersede errors. remember bitcoin is upgradable and by that time it will already have quantum resistant protocols to protect itself. if for some reason we don’t find a way to combat quantum computing you shouldn’t be worried about bitcoin, you should be worried about nuclear launch codes my guy lol
the comment you replied to literally explained how to get truly random input from an outside force. asking a user to jiggle their mouse around or using the signal noise *does* produce random data. at the very least it is far more random than using the date and time.
chances are that by the time quantum computers become an issue for the us arsenal, we will be embedding them directly into the bombs to fight this. once the cost drops enough for testing to make sense, you can test a quantum cryptography device on a nuclear trigger sans warhead until you're content with its effectiveness. theyre gonna have to if they want to secure the stockpile going forward
>literally explained how to get truly random input >at the very least it is far more random than so which is it, absolutely random or just more random? or is this like a schrodinger's algorithm? look, i get that it is ~~practically~~ random, but it stands that absolute randomness is mathematically elusive.
to be fair "absolutely random" is not really a thing, man-made or otherwise. even randomness from radioactive decay *could* be calculated in theory. but it is random to the degree that it matters. nothing is ever absolute.
yes! that's all i was saying.
musk just wants to buy dips. and create them. i agree tho. he’s been kindof a tool.
is it the most efficient? how do you even measure that?
reject electricity return to monke
we really need to form a special blue-ribbon committee to investigate the environmental impact of emerald mining.
everyone knows that bitcoin uses electricity. they don’t really care about environment. it’s all about price manipulation. load up and come back later to accept bitcoin as payment
"efficiency" is one of those words that all sides of a debate can use to sound scientific when the claim is purely ideological, even subjective. bitcoin is 100% efficient if you cannot find a better way to create a censorship resistant and secure network for transmitting (very high) value freely between anyone who wants to participate. but if you do not value those things, then bitcoin is 100% inefficient at controlling the population and economy. that is why this red herring propaganda pretending to be concerned for "the environment" (an almost entirely anti human concept the way its used by govt, letfists and eco activists) will continue forever.
elon's wrong opinions are not worthy of a tweet. let's focus on the community first not a narcissistic megalomaniac.
bitcoin is many things, but it sure is not "the most efficient financial network".
i think the argument is electric cars are better than the alternative , which is gas fuelled vehicles. essentially the same fiat and digital transfers are cheaper than crypto mining and crypto transfers. not my argument just repeating what i heard on the other boards
it's so funny watching governments panick over a currency controlled by the people. we tried paying our elected servants and letting them manage our money and protection but that always led to authoritarians so now we'll just manage our own money, thanks.
electric car replacing gasoline is not a right comparison with energy used for bitcoin mining
cz seems like quite an emotional decision maker lately...i expected he’d understand elon
apples to oranges. but hey, good try.
at least tesla customer service exists and is useful. binance.us not at all.
electricity is not the issue. the ceo completely missed the argument, like all the other knuckle draggers.
elon musk is for a carbon tax...
most efficient? fuck right off, you people...
when you use hydrogeneration you have ample for both.
miners in the us are literally buying coal plants to produce cheap electricity. it’s rampant in china. there is nothing wrong with advocating against coal mined btc. it should be illegal imo
i'd like to see what that energy expenditure chart would look like if the adoption rate of bitcoin matched that of banks.
hi people, i am a beginner, well sustained crypto is bad for the environment because the energy it needs to work correctly?
why are his eyes so close together.
i guess all of that lithium he mines for his cars are good for the environment, huh who knew
the argument of energy consumption of the entire banking system (bricks and all) vs the energy consumption of mining bitcoin is not a relevant comparison, because you cannot operate bitcoin without the banking system. there are some possible ways to trade bitcoin without utilising the banking system (like trading sex or products or drugs directly for bitcoin) but the vast majority of trade begins on an exchange, and that acct must first be funded by wire from a bank acct, of dollars that have been saved collected and accumulated through the banking system. this includes bitcoin bought live with cash, as the cash came through the banking system. therefore, as the banking system is an integral and necessary part of bitcoin trade, banking system energy consumption, along with bitcoin mining and confirmation energy use, must be included as part of bitcoin energy consumption calculations- but not vice versa.
> most efficient financial network in the world way to lose all credibility.
if their underlying concern was btc's impact on the environment, they would state how much energy is used by what btc stands to replace it's good to not only do dd and rebut the unbased claims but to also to point out the hypocracy
i have a theory that our good friends at the us government put pressure on tesla to stop accepting crypto payments in exchange for continuing to provide carbon emission credits. the us govt is 100% pro central and traditional bank industry and anti crypto obviously… the sale of these emissions credits is the only reason tesla is liquid and profitable. (well that and selling bitcoins in this most recent quarter.). elon referring to the energy consumption of bitcoin mining when announcing that policy change seems a bit too specific and as this post points out, quite ironic. he would be smart enough to know that i imagine. so it felt forced to me… and who else would force that type of anti crypto agenda, and have the actual leverage over one of the world’s richest men? like i said, it’s a theory…
is he legitimately using “efficient” and bitcoin in the same sentence? every single transaction on btc takes the same power as running 45 households for a day. that’s wild. you could charge a tesla completely full repeatedly and drive over 2000km on the power from a single transaction to buy some dongle online.
bitcoin uses too much electricity. stop trying to deflect what that argument is saying and actually respond to it. how is bitcoin going to be energy efficient in the future? if mass adoption occurs, how much more electricity will this require? why should not humanity use an alternative?
the governments need a “new pandemic” to be able to provide bailouts for big corporations, fund their tax shelters(oops i mean charities), and provide aid money to other countries to hide the shuffling and rethistribution of funds. not to mention the kickbacks they get personally for doing so. all in the name of climate change or whatever the f they market it as “saving the environment”.
omg we get it...binance ceo is a fucking idiot. dont need to rub it in
what? bitcoin is nowhere near efficient. that's the whole point of how it works. it has a huge energy cost on purpose, so an attacker is thiscouraged from sabotaging it. ' the binance ceo should read more about bitcoin.
someone should tell the binance ceo to shut up and improve his shitty crypto marketplace. i’ve been trying to get my account up for years and its always some bs. all my friends who have accounts have to wait days and weeks just to deposit money bc they have shit policies and trash customer service.
a 50 kwh tesla battery takes a car 263 miles. a btc transaction is nearly 700 kwh. you can avoid using natural gas while driving for car for 3,682 miles with a single btc transaction man i just popped back into a sub after a month to see if y’all were still on the same issue and i’m actually not too surprised
how could anyone say bitcoin is efficient when there is coins that are faster, feeless and use almost no electricity? i invest in btc but it is outdated technology
this ceo cannot be that dumb, right? like, he knows the source of the electricity matters, right?
i was thinking about this when all the news broke but it’s not that hard to reconcile this. electric cars are giving us a “green gain” because they are better than gas cars. with btc we are using a lot more energy than we otherwise would. still doesn’t make sense why they didn’t realize it before they went all in on btc tho
cz has a point, but not without the caveat that the majority of electricity that is used to mine bitcoin and other coins is coming from coal in poorly regulated (energy) regions of asia.
ha ha. bitcoin “efficient” it is not. at least if we are talking about kwh per transaction.
elon musk got his initial wealth from his dad who exploited the south african apartheid by getting cheap labor in the emerald mines. he has done nothing but buy things and go on media outlets. why people worship him, i’ll never know.
"most efficient" :d :d
“the most efficient financial networks i. the world, it’s an environmental concern”…. 7 tps vs vias’s 1k+ tps…. clearly 7 transactions is more efficient than 1k transactions ;) how about you post actual data to support this claim as opposed to some random claim from a obviously biased source.
he’s not 100% right, but more importantly, he’s not 100% wrong either. shut up people, it made sense in my head.
spacex also burns thousands of tons of kerosene to shoot their rockets into space over and over again, dumping an obscene amount of pollution into our atmosphere. just saying, mr musk.
thats not shady it is just true.
but i think many agree that there can be improvements made towards energy usage for mining bitcoin, such as more transparency from leading miners and more focus on renewable energy. environmental impact is probably the one major thing that is used to attack bitcoin by media, so it’s important to address it in a responsible manner, for the bitcoin’s benefit.
elon completely turned me off from ever buying a tesla. he’s the ceo of a car company and i’m sure i’m not the only one. he’s made a fool of himself
pow is a waste of energy, more so than replacing petrol engines with electric ones. instead of being butthurt about elon musk, why not address the issue. saying “other things are bad too...” is such a weak response. yes rare earth materials are bad, but you can bet that tesla are spending big bucks finding an alternative. i’m long btc to the end, and don’t idolise elon, but this punk can suck my balls.
it is looks like musk wants to ban btc from tesla because he knew the btc winter is coming. and for business it is not good to accept currency, what will be halved next week. because you lost all profits. as soon as btc stabilize little bit, elon opens btc on tesla again... just my opinion.
i'm mining my own business 😂
tesla users most use solar power at home bitcoin miners do not 👎
\>most efficient financial networks how's the payment processing? last i heard it took a day for any payment
i do not think this is directed at elon. it's directed at shareholder advocates like blackrock, and larry fink, who sit on tesla's board, and then advocated for carbon neutral business and put pressure on businesses that experiment with bitcoin. i think it is easy to target elon, but you got to look at the fuller picture.
musk is making money on the dips. he breaks crypto then buys crypto and then is back in the game and repeats. all of this while hurting real middle class investors. if anything, folks should buy his competitor and pump it cciv aka lucid motors as a result. he wants to hurt investors— then we can support his competitor.
i love the idea of crypto but i gotta agree with musk, crypto shouldn’t take a heavy toll on the environment. i care about reaching our climate goals but working on this would also make crypto more future proof and make adoption higher because of more positivity and less arguments against it.
elon duck is clown. fire his ass
he’s a fucking idiot. it’s not about electricity. it’s about the amount of electricity. other altcoins use literal fractions of 100th of what btc network uses. it’s a antiquated and inefficient network now.
each bitcoin takes roughly 72gw to mine. a tesla model 3 has a 50kw battery. so 1 bitcoin = 1,440 model 3s fully charged. at , that is . at the average us household electricity price, it costs just under . teslas are 3x as efficient as bitcoin.
electric cars are more environmentally friendly than gas cars. proof of stake is more environmentally friendly than proof of work. we can strive to be as efficient as possible.
musk is likely positioning to recieve more tax credits for tesla from the us gov.
the question to ask: where is the electricity to power ev’s coming from? is it really environmental friendly?
elon musk is only interested in manipulating markets for his own benefit. fuck musk.
tldr; binance ceo changpeng zhao took to twitter to share his thoughts about the ongoing concerns regarding crypto energy use. zhao's tweet seems to be in direct response to tesla ceo elon musk’s bitcoin comments earlier this month. cz seemed to question the hypocrisy shown by both musk and tesla.{} *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
i see his point but…don’t tesla’s get electricity from supercharger stations that are solar powered? and bitcoin mining is powered by power-plants which use fossil fuels? 🤷‍♂️ i’m a noob to this stuff so don’t judge.
sorry, remind me how bitcoin is an efficient financial network again? doesn't it max out at six transactions a second?
elon if you read this suck my ****
what the hell charges his electric cars. same power is used for everything else, this is getting stupid
i would say that this statement may have 2 faces.🤔
man. if i wanted to position myself in a good place in crypto...i’d probably tank the ath during the beginning of its cycle...then pump it and let that shit ride to andromeda. can’t imagine any billionaire with the time and money to orchestrate that.
50 shades of musk
this lost me at "when you use electricity...", as if that is making an equivalence here.
won’t solar panels solve all this problems?
elon needs to start mining his own business that ego has grown too big to fit on mars.
i'm so glad there are smart people out there. i read such great things that i can never think up.
american manipulations on the environment are not interesting to anyone . all bitcoins are made of one and the same thing, it is complete nonsense to interfere with the protection of the environment ! if you want to protect nature take a closer look your production of teflon has caused enormous damage to all mankind
might be the smartest take cz has ever had. still, fuck this guy
seriously elon didnt think this one out
cryptocurrencies contributing to the destruction of earth :p
exactly, what hypocrisy he spews
watch the academic agents recent video on electric vehicles.
who cares at this rate all crypto will be at minus 0 bye the end or the year👎
plus the energy used to mine it. theres a finite amount of bitcoin to be mined but an unlimited supply of crypto-currencies
so he fucken up the market for all of us
he sure wants to gain profit from investing in bitcoin and other cryptocurrencies. „the most efficient financial network“ doesn’t mean that it‘s actually efficient.
musk isnt the only one in electric cars and the statement could be generalized towards the 2030 race to zero emissions
well its more environmentally friendly than fossil fuels, bozo. when you compare btc and banks, which both use electricity (fyi), then banks are more efficient when it comes to price per transaction. this is a ridiculous narrative.
why is everyone so obsessed with elon can we all just agree to get off his sack we do not need him for crying out loud.
my house in spain in exchange of btcs
heh? he is totally off the mark here. musk talked about where the electricuty came from not it using it in general. i do not aggree with musk but this guy just misses it.
do you know how much humans use electricity? it's astronomical!! we should not continue to support them in my opinion.
why is this being posted on r this is the posterchild for the problem mentioned and is not in any way under some kind of umbrella of protection from the statement.
im thankful for elon.
it's sad to see someone willingly make an argument based on their vested interest instead of a logical analysis of the facts. the comparison he is making is mind numbingly absurd. electric vehicles are environmentally friendly when compared to fossil fuel burning vehicles ( and especially when you include the associated infrastructure to transport the fuel ). there are, at this point, dozens of alternative cryptocurrencies with the same properties as bitcoin that are significantly more energy efficient. the argument just fails immediately. bitcoin should evolve in order to compete in the market.
and on the tweet you cannot reply... yeah, keep the bitcoin cult going
it could be more environmentally friendly...
what a shit post. "electricity" can be created from solar panels and from gasoline and coal. it's kind of important to differentiate. do people actually believe this stuff?
true that... never thought of this
is binance proof of work?
"most efficient financial networks in the world" can it help me transport from home to work? no. does it have an alternative? it’s in my wallet. of course it’s an environmental concern,why tf you wanna let people mine cryptos by wasting an entire country’s electricity and not giving any possible advantage to anyone? we need to have cars to drive to places you tool. this guy is no fucking saint too, he too cares only about his brokerage.
cars have a purpose. bitcoin does not.
when you use electricity for online gaming, it’s ...
i’m done with elon musk. don’t talk about him. don’t mention him. i don’t want to hear about him anymore.
this is good for bitcoin, few understand this
that is bullshit. with 4 transactions per second clearly nobody thinks it is efficient with all that amount of energy spent? binance ceo was just trying to keep his traders around to prevent a downtrend that is all.
cz, like elon, needs to stfu and gtfa.
he will say anything to take the attention off of why his exchange goes offline when there’s a massive sell off.
f\*\*\* elon musk he is only a bigmouth.
it has a huge energy cost for security, so an attacker is thiscouraged from sabotaging it because of the high energy cost. ​
are you funking kidding crypto environmentally friendly ? they never were since beginning of bitcoin i remember i used to mine but electricity bill was so high i sold the only bitcoin i had back then like for 3-4 dollars
miners in the us are buying coal plants to produce cheap electricity, even if the energy is renewable this is still a waste of energy.
he does have a point.
electric car replacing gasoline is not a right comparison with energy used in mining bitcoin
i do not care what they say i want my bitcoin to be
this argument sounds good but it s bullshit. *sophism* alert
and when you lie and say it is the "most efficient", you reach the top of r
the production of electric batteries is also not safe or environmentally friendly! just like generating electricity for this entire infrastructure!
but its more of where the electricity comes from? tesla is very heavily involved in solar which is clean
fuck that guy, remember he hyped total shitcoins like tron etc. voodoo wuhan virus for that imbecile
society actually needs cars including electric ones, bitcoin is not needed. not thissing bitcoin but it is a studpid argument. no cars is equal to world stoppage. no bitcoin, most people would simply not care.
oh yeah, since the least efficient financial networks run on fossil fuels.
not to mention that all the materials used in the process of mining raw earth materials uses fossil fuels and somewhere in the near future you need to figure out how to recycle all those materials some of which could be toxic. but all that is ok because it’s cool right?
cz is the real man.
love it. musk has seriously concerning ignorance and impulse control problems when it comes to acting outside the law and in blatantly fraudulent manners. the ratfart he is had to know how much damage he would do to regular average joes and jane does who had their dreams tied up in portfolios because they worship him and believe everything his says. hell, i can’t even tell you the numbered of rekt lesser fools who were still defending their hero and savior, the very very thishonest planet destroying companies he runs. you know his stupid ass criminally negligent and rapidly crashing and burning…as if they were actually in a tesla, trusting the horseshit dear jackass tweets.
fuck elon musk and his batteries
what if everybody drives a battery
***how dare you*** ( pic. greta thunberg's face here ) talk to elon musk like that... :)
ac is responsible for 10% of our energy use. why don’t we just sweat it out?
could the govt intentionally destroy btc? (as in by hacking, not legislation) this is my main concern. i think if they can they will and they will probably get cheered on by the anti-btc crowd. please weigh in, especially if you are a crypto
not really though. when you buy an electric car, you're removing an ice car from the road, as you would have bought that instead. when you buy crypto, you're not foregoing the alternative because the vast majority of crypto will be bought for investment, not to purchase goods and services... yet. so the statement is a false equivalency.
not sure about efficient, but yeah ... what the fuck ever... binance is late to the party... this was one of the 1st things said in response to elon. someone tell him building and charging those cars, are 10x worse on the environment than any internal combustion vehicle... dont believe me,, go see how the plastics are made... what to get really nasty go see how lithium is made... even better go see how those batteries are recycled... sill not convinced, go see how the majority of electricity is made,, and increasing that demand is a good thing??? what the fuck ever. wind and solar are great,,, until you start digging into how the power is stored when its not in demand... oh did someone say lithium batteries again... lol what a fucking joke...all jokes aside, it can be generated relatively cleanly, then shit things up again trying to store it... clean reliable safe energy just hasnt been created yet. go see how the ingrediants to an electric generator or motor are made, straight back to the funk. i have worked as an industrial engineer & in consulting for over 25 years,,, all these places are fucking nasty, leeching, toxic places< ask a factory worker > if you find a clean factory, its only because final assembly is the only thing taking place there, or its some sort of food service< and that a whole mess in itsself> epa and osha you say? i say no,, if you pay them, take them on fishing trips, whores , drugs and strippers... there wont be any regulations or guidelines to worry about. i have personally been paid by " xxxxx inc " to take osha as well as epa reps on fishing trips during the time they were supposed to be inspecting the plant<s>,, all paid for by the local " xxxxx union " and the last hours before they leave the final inspection paperwork is filled out and filled. so yeah ... w t f e
if mass adoption occurs, how much more electricity will this require?
musk flaps his lips about his cars being clean . yeah somewhat true but electricity is still produced by plenty of coal fired plants in usa . not even worth mentioning china and there abundance of coal fired plants and each month new coal fired electric plants being built. so musk maybe you should shut up for awhile were tired of your lies and tantrums.
i invest in btc but it is outdated technology, do you have any idea how much energy a single bitcoin transaction uses?
the energy use from bitcoin will be insanely huge after the mass adoption
frankly, i think elon musk is a joke. glad he is done some good with his ventures, but his eccentricity basically sucks. i used to be one of the many who looked up to him, but after learning more about him, his approach to doing business how he treats women... and after just watching and observing his many antics over time, i can only conclude he is off the rails. remember boys, just because someone was right once does not mean they are right all the time. and just because someone was right that one time, and just because being right in that moment granted them lifelong money and power, does not make their shit smell any better. glad to see another heavy hitter (cz in this case) calling him on his bs. elon's erratic behavior and tweets lately fall squarely into "facepalm" status.
we still need cars and we always will. we dont need bitcoin.
how much energy bitcoin will use when the mass adoption happens in bitcoin?
he should stop wasting electricity on all of that lithium he mines for his cars
i think we should fight back against musk. he is pissing me off. what we should do is everytime musk tweets a negative thing about btc - we should all short tesla stock and use the money to buy more btc. when btc inevitably rises up - sell the btc and buy back the tesla stock
what elon musk never comments at all is the fact that producing a so called environmental friendly car requires a lot of energy. it starts with the extraction of lithium out of some salt lakes in south america. then you have the transport to a factory to produce the lithium ion composite. and finally the transport to the factory where the cells are produced and where the production process will also consume some energy. in short words, the car itself can be somehow environmental friendly. the process to produce it, is the opposite.
if we unite to ban elon from twitter he loses his mouthpiece
i thought thr price of btc could not be manipulated?
elon is just banking on the poor simple their cars are trash and they milk more money that way
step 1: create dips. step 2: buy dips. profit.
because apparently people cannot do without cars, so if not electricity then they be burning fossil fuels. cars solves problems for people. bitcoin solves problems it creates itself, and to top it off it creates harder and harder problems to burn more and more energy the more people mine it.
idk bro, do you own a ev vehicle company and a space company?
i cannot believe this ceo is so dumb that he doesn’t understand tesla cars run on electricity generated by renewable solar energy which is completely different to how bitcoin is mined by electricity generated from non renewable resources.
can you shade the world on and off richest man. i don’t think he has and f’s left to give. i think he’s shadeproof
i see no lies
i am sure that, deep inside, elon musk realize that his tesla’s are nothing more than expensive virtue signals. unless you produce the electricity with nuclear or hydro, it makes more sense to use a gas-powered car. i still love tesla’s, but not for what it’s benefits are purported to be.
five fingers to the face
roasted. if only people took time to form their own perspective based off of their own research vs hearing a fud perspective and taking that as their own.
dude’s got a point
i honestly hope tesla burns to the ground…i’ve never liked their ugly fucking cars.
this is a stupid argument, the card used less fissile fuels that other means so it is a net loss. the same cannot be said fkr bitcoin
elon is a clown.
these electric cars have to be charged somehow. i suspect it’s via some electrical supply such as a coal fired plant or hydroelectric dam. still some environmental damage taking place. not to mention the thisposal of the batteries once they are spent and in need of replacement.
true enough... i will never get out of btc whatever other people say...
i think tech giants like tesla and apple are just using "save environment" as an excuse for cutting off benefits for users. are they actually concerned about the "environment'?
he’s got a point.
musk is an idiot, sorry not sorry for anyone who has not realized it yet. dude was rich from birth, dude just got lucky in what he chose to invest in.
it still stands. when using electricity to run cars, it *is* more environmentally friendly than burning fossil fuels. the problem is the amount of power it uses. electric cars do not use as much power as bitcoin mining. this is the issue. and this is causing some to use fossil fuels to power their mining network. i see the double standard also though, as some of the electricity used to power electric cars also would come from fossil fuels. but i think bitcoin uses way more energy than electric cars. does anyone have sources on that?
electric car is an improvement compare to the dependence we have to oil. cz is comparing two different things ... surfing the wave to get some fame...
theres kinda this idea where if you get people electric cars they dont have fossil fuel cars. and if you make cryptocurrencies you’re killing the environment to gamble.
…kind of? he’s been playing everyone for a decade.
it's not that complicated. . [european car makers were pivoting away from him]( so, he needed a way to prop up his earnings. now he has a new market: bitcoin miners. they can buy his carbon credits to count as "green."
ok? you want a free market for bitcoin but are big mad when people free market to their advantage. i do not get it?
i do not think anyone in his position would do any different, and to anyone going "not me", you have not been, and probably would not ever be, in his position, so you do not know that.
the binance guy is a bigger tool than musk. they both tools
he is a narcissistic, psychopathic tool.
pump a dump a rump
personally... i think... elon’s company tesla makes its money from selling carbon credits to other car manufactures. but now other car makers don’t need carbon credits, cos they are building their own electric cars. so now... i presume elon is looking where he can sell carbon credits. and bitcoin could be a good source of income. it’s clear also... that were heading for a two tier bitcoin... where ‘clean’ btc will cost more. or be taxed less. there is more to it...
this, pump and dump. he might also want to provide a “solution” to the “problem”, some tesla grid or something.
you’re a moron. the guy is literally the richest man alive. he’s got plenty of money.
hes just manipulating the market for his own gain. just like the rest...
kind of? lol does this guy have to shoot a baby to finally be seen as the dickhead he is? drives me nuts that people think he’s some cool and relatable meme lord
no one is really sure what hes doing. hes an eccentric guy who is extremely impulsive at times. its hard to figure out the motives of those types of people. i would wait for the next tesla quarterly report. lets see if they bought more or sold everything.
musk does not need to wait for the dip to buy cheap, he can make the dip and buy. it's his pump and dump game
that's why he did not consider all of that lithium he mines for his cars
you don’t measure. we just scream in the crypto space. scream as hard as you can.
yeah i doubt it is the most efficient. i think it would be a good thing if everyone stopped fighting over what was wasting more electricity and instead worked on reducing everyone's electricity usage.
oh, but did you know that other financial networks run on fossil fuels? just like cars!
imagine the electricity use for mining bitcoin if the adoption rate of bitcoin matched that of banks.
emery cost per transaction? if so then bitcoin is orders of magnitudes worse than visa and i’m sure an uncountable amount of other financial systems.
simple. you just look at the amount of electricity it takes for transactions. that does not give you a complete answer, but its safe to say having a centralized server confirm a transaction is *a bit* more efficient than thousands of computers screaming into the void.
it's literally inefficient by design, that is a base principle of the blockchain itself. hodlers just make shit up without regard for facts or logic, i do not see the difference between btc and a religion.
dyor and you'll find central banks are not efficient what so ever
it is the most efficient when you think about all the giant financial buildings around the world with 100's of employees driving ice engines back and forth to work. keeping the lights on, air conditioning, heat... all the trucks carrying bags of cash two and from banks and all the middle men taking their cut. it's so much more efficient, it is not even funny.
there is nothing wrong with advocating against coal mined btc. it should be illegal
let's not try to. but let us also not fire shots, let the value of market decide.
the issue is we can measure bitcoin but we cannot measure anything else.
it is the most efficient. compare it to mining gold. compare it to producing cash. compare it to the energy all financial institutions use.
we are in need of more vespene gas.
is emerald involved in the process of making the tesla batteries?
how much electricity do all the banks and atms use everyday? all those offices. employees driving to work.
elon just created the dip to buy cheap, it was all a plan. he is playing chess with crypto coins.
and spacex really care about the environment:
yeah i think it is funny how we're pushing electric cars so much when it is just pushing the pollution from emissions to mining. imo hydrogen cars are the best form of green travel.
i would love to give you an award for that comment
bitcoin is several orders of magnitude less energy efficient at processing a transaction
>bitcoin is 100% efficient if you cannot find a better way to create a censorship resistant and secure network for transmitting (very high) value freely between anyone who wants to participate. but you can though. cash or gold for example is censorship resistant, secure, and can be transferred between people freely whoever wants to participate. cash is much more efficient then bitcoin because one bill can be used over and over again for free while every bitcoin transaction costs fees and electricity. check?
so much this. and even if it were, on net, some kind of loss, the appropriate response would still be just to have a general "environmental tax" for the various energy sources so that users of any technology -- whether bitcoins or teslas -- can decide whether it is worth it to them, *not* to ban any technology outright. in such a world, people would still find it worthwhile to mine bitcoin, just the total amount at equilibrium would be lower.
depends what you value in a financial network. because secure transactions often consume a ton of energy to facilitate.
lightning transactions are extremely energy efficient, but as usual with arguments against bitcoin the existence of the lightning network gets completely ignored.
yes indeed, and with simple math it is easy to deduce that running electric cars on electricity fully generated by fossil fuels, it is still better for the environment than running cars with internal combustion engines. i'm pro bitcoin, but the argument against electric cars is very weak if you did highschool physics and maths (here in my country at least...).
>essentially the same fiat and digital transfers are cheaper than crypto mining and crypto transfers. they are not though. banks own warehouses full of servers, and adding new servers does not add security to the network. wire transfers still cost about , while ach transfers take 2-3 business days. oh and they are all exposed to the double spend problem, which makes them far less efficient.
the alternative if public transport, a bike, or your feet. but i bet no one driving a 90k tesla wants to get on the smelly bus.
electric cars are only good if the electric that supplies them is cleanly made...but do those cars 'incentivize' the drivers to only consume clean electric? nice thing about bitcoin is it 'incentivizes' the creation of cheap electric and that is renewables or the sun im just adding in some thought to your comment and ya i agree electric cars are the right diirection for sure...next is the clean energy 'creation'
i and a friend bike to work(separately). my commute is 45 minutes each way instead of 15 by car. there are definitely other options. and they are even healthier for you. cars are definitely not the best alternative, just the easiest for lazy people. there are also sailboats, rollerblades, shoes, velomobiles, etc the people complaining just don’t get bitcoin so of course won’t think it’s worth any amount of work or energy or cost. it’s a stupid argument that will never go anywhere.
the us has not even realized the depth of the problem. it's been living large on being the currency for a long while, enjoying so many other countries having to throw money at us bonds because its the default currency and perceived as being stable, financing all of our indulgent wars and bailouts. but the currency is as much based on as public perception of economy as it is military strength. if our economy is seen as weak, and our currency diluting do to bailouts, the tide could turn fast, and things could get ugly. savings could fly from cash to a safe digital currency. remember, *the* *dominant currency does not have to fail, a better currency only has to gain advantage and favor for it to overthrow the legacy currency.*
> apples to oranges but you can still compare them.
i see this ‘musk is and has always been a fraud’ a fair bit so looked into it and so far can’t see anything to back up this claim. what have you got to back it up?
because tesla [sells them](
i'm for a carbon tax.
this is what made me get off my elon obsession, he was compromised
you missed a word, i’ll help you: > i have a conspiracy theory
that can’t be right, your saying each transaction costs at least . that’s not possible as the profit margin would be unsustainable.
any proof for that?
“efficient” comparing to the fiat system, yes.
turn it off then.
how it is too much? it is the security system and whole decentralization idea of a coin. how many times btc has been hacked or destroyed because you say its security uses too much electricity? you think every email sent today has the same energy footprint that it had 20 years ago? same thing is with this new asset class. transaction volumes are rising and its only the beginning we are witnessing right now. most of the used energy comes from green sources anyway and btc has a hardcoded way of trying to use the energy in places where it is most cheap. meaning that in those places that energy does not have much better usage available.
why are you asking how to reduce energy usage instead of asking how to produce more?
exactly. capital. while decoupling their power is key towards future success, this is inherently a political problem and not a currency problem. we need to end neo-liberalism one trillion times more than we need to enable bitcoin.
maybe use coinbase pro or kraken then...
i think you mean to say it uses that much power trying to mine a coin. unless you have some new magical calculation that is able to differentiate mining from verifying.
those other coins have none of the other properties that makes bitcoin better. decentralization, security and immutability.
where does that originate from?
but the value of bitcoins is not primarily the transactions. it is the secure store of value
except he did not do that alone, a lot of the price drop is on the chinese announcing they have beef with crypto soon after his tweet.
how can you claim elon is 10x smarter if you can’t even start an exchange
he's not dumb, but he recently admitted to having a mental illness, so you cannot really take everything he says or does at face value either.
two things - first, in the us, you're right, but not all countries are as dependent on fossil fuels. renewable accounts for the majority of electricity generation in some eu countries, and the rest are on their way (slowly). secondly, it is building for the future. which is fundamentally the same thing we're doing here on \- the future of currency is crypto, the "now" is a small fraction of the possibility and vision. same with evs. again, do not be so us-centric: other parts of the world have committed to 100% of new car sales being electric by 2040 (2030 in the uk), and the renewable energy infrastructure to go along with it. i get you do not like musk. fine. but the mission is what's important, for both evs and cryptocurrency.
this is beyond stupid. come on. i've heard how dumb this sub has gotten but how is this upvoted?
this is very ignorant. im on break at work so i do not have time to explain why but read the comments here.
burning fossil fuels in a power plant is more efficient than in a car engine. it's also much easier to filter particulates, and those released are further from urban centres.
every 40 minutes, global air traffic burns more kerosene than every single rocket spacex has ever launched combined. even today's most flown rocket is pretty insignificant from a pollution perspective. in terms of energy usage, every single falcon 9 and falcon heavy flight has used the equivalent of 0.2% of running the bitcoin network for one year.
there is no other way of going to orbit
to shade someone is like thissing him. has got nothing to do with the word shady
"having only 5 miners with a slow laptop each and a mining difficulty of 1 is more efficient than hundreds of thousands of asics". we can strive to be as efficient as possible.
wherever it is, crypto is using more of it. so any argument you make here is detrimental to cryptocurrency as well.
>elon musk is only interested in manipulating markets for his own benefit. fuck musk. as oppose to everyone else who manipulates bitcoin to others own benefit? i just see a lot of free market happening right now and a whole bunch of people who cry free market to benefit themselves but do not like it when its used against them.
the alternative to evs is fossil fuel cars, which are environmentally worse. the alternative to pow mining includes traditional banking, pos and other consensus algorithms, which are environmentally better.
it would be exceptionally, exceptionally hard. practically impossible to hack into and "destroy" btc. it's like when people have tried to rollback the blockchain when btcs are stolen off exchanges. you'd have to simultaneously hack the thousands upon thousands of computers responsible for securing the blockchain as its a collective effort. so it would be like guessing a number from 1 to 10 trillion+ correctly in less than a second thousands of times in a row. nothing is impossible, but this one is pretty close.
teslas require coal factories to recycle li-ion batteries. many recharge stations are using coal energy. but yes, btc needs to be more green going into the future.
not only that, the more people mine it, the more mining power there needs to continuously be to keep the network going. you can’t substantially reduce mining power without destroying the network. either you get a 51% attack or transactions take too long to ever reach a reset.
hes playing crypto because he can manipulate it without the sec knocking on his door.
i think we pin responsibility on musk when it is really not his fault, paper hands retail investors are just one part of it. the market flipped bear because it was over extended past it is fair value and now the market is correcting.
he is a vicious south african apartheid system heir.
yes and winning it seems
played us like a damn fiddle! (insert metal gear theme music)
for a decade though? please explain that. are we just going to forget about or completely thiscount the monumental accomplishments that have occurred under his leadership - tesla (arguably the best car in the world), spacex (making our spacefaring dreams come true), etc.?
now this is interesting info. why tesla has carbon credits allocation in the first place?
i think tesla’s fundamentals have serious issues precisely because it makes most its profits van carbon credit sales. as established manufacturers get better and better at electric cars, teslas market share for electric cars will shrink. the established manufacturers have more efficient production and thistribution due to experience and longevity. thus will beat tesla on price, quality and service due to established networks. not even noting the fact that electric cars might not be the final solution, i believe hydrogen is because of the limited kobalt supply and we don’t have a solution for the highly toxic used batteries. which is why i don’t see tesla’s future as bright as others. the next 5 years will decide it’s future and musk probably knows this: so he needs a new pony.
do you even fact, bro? they made 20x as much selling cars than they did selling credits (in most recent quarter) . see slide 4,first 2 lines of the financial summary of the latest shareholder deck:
the thought of you being so confident in your answer is kinda cringy
tesla is a scam.
you can want a free market and can simultaneously be annoyed when someone is a scumbag. like you can want freedom of speech but can be mad when someone lies to your face.
i want markets to be free. free from manipulation. by government or private citizens. paradoxically a free market needs some regulation. musk, or anyone else for that matter, should be held accountable for manipulating a supposedly free market. even if that is just holding them morally or socially accountable thru free speech on the internet. i do not understand your comment.
nice pointless ass argument, dude edit: not a strawman. still pointless
i know all these words but this comment makes no sense.
numbers make head hurt. math hard, do not want. crypto good, sit on ass, many profit, go to the mooooon!
we're never going to be able to reduce our total usage of electricity, we can expect this to keep growing as society progresses. just being realistic here, i think it would be a lot of wasted energy (pun intended) to try and reduce our usage of electricity when that energy would be better spent in making renewables a more attractive option instead.
the worldwide amount of atm cash points alone use more electricity than cryptocurrency mining. this isn’t including brick and mortar banks, financial institutions and the electricity they use.
and making renewable energy cheaper and easier to implement than fossil fuels.
you are comparing visa, a layer 2 of fiat with bitcoin, a layer 1 of digital gold . you cannot be honest and do that. fiat's energy consumption includes: * every single atm always on * every single bank lightbulb * every single bank computer * every single bank air conditionner * oil burnt in the trucks that transfer cash * oil burnt by the militaries around the world, aka the biggest polluters in the world bitcoin consumes electricity, peacefully and is perfectly safe. it is economically logical that its part of renewable energies will only keep increasing in the future while fiat will need oil for a very long time and war and suffering for ever. bitcoin is efficient. maybe there are cryptos more efficient depending on certain criterias, but bitcoin is nontheless at least as much efficient as fiat is.
you may want to read this.
not if that centralized server farm is one of 3 data centers all holding copies of that data requiring thousands of staff, in dozens of buildings all with electricity consuming temp controlled space, manually auditing every transaction(that crypto automates - trustless) commute there everyday in energy burning cars driving on roads paved with oil products (asphalt is made in part by oil). elons cars are made from raw materials mined, melted, produced, trucked there all at a great environmental impact, and then shipped all over the world to sell using yet more carbon. and the lithium miners use child labor. i'm not an environmentalist, but hypocrites piss me off.
there is nothing on earth which can provide the security and flexibility of bitcoin at a faster speed than bitcoin while using less energy than bitcoin. all other networks compromise in various ways. generally speaking, most of these networks are insecure in the sense that the transactions can be reversed. meaning someone pay pay you, then fraudulently reverse the transaction, this is an attack vector. no such vector exists for bitcoin. and nothing else has been able to provide this level of security while also maintaining the speed of bitcoin without using more energy than bitcoin.
you actually did research on the energy efficiency of central banks?
doesn't it use more power than norway and almost as much as new york state? doesn't the power needed go up as we get closer to the token cap? what happens when there is worldwide adoption like traditional currency? does your comparison take into account that the us is no longer on a gold standard?
tesla is the only reason lithium is becoming green.
lithium isnt mined, it is one of the least problematic... it is pulled up from the brine under the salt flats and then dehydrated in pools in the sun. the same way sea salt is made, is the same way you make lithium salts it's easy enough that anyone could do it with minimal equipment and money
thats the thing. the true bank energy usage is impossible to calculate. you would have to consider everything (ex. employees commute, etc) and not just transaction costs. bitcoins energy usage is easy to quantify but where people get their energy (coal, solar, hydro, etc) is not so easy.
i could never speculate how much electricity an entity that could print money and put whatever serial number and date on the bill could use. how crazy a thought to link said electricity consumption to a clearly controlled, produced, and manufactured, let’s call it mined, portion of currency.
whataboutism really is not a great argument
much more than bitcoin but apparently that is not a problem for those who can control the banking sector and fiat printing. only btc energy consumption is a fake problem for them because they hate that they cannot control it and print more of it.
printing the money. politicians zooming to thiscuss how much money to print.
but they are constantly used by people all around the world to do the transactions. bitcoin is mostly sitting in the wallets.
somehow using energy to try and make a new financial system to benefit people on earth is bad. but using shit loads of energy and causing environmental damage so you and your rich homies can flee to mars is all good.
musk do not give a fuck, but tsla shareholders desperately need greenwashing
grab the free one you get every day! then give it edit: see i just gave the hugz award because it gave it to me, it was a really well explained answer
because to him apparently when you are rich, there is no left and right, their is just me. guess he does not understand that concept
imagine still having no clue how well layer two solutions are progressing.
heck, cash cannot even be carried freely in america. tsa finds you're carrying ,000 in your carryon bag? yeah, that'll be seized by local police under suspicion of involvement in criminal activity -- no conviction required. if you can absolutely prove it was not involved in any crime, then you can have it back after a few hundred hours of work from a high paid lawyer over a year or two. yay cash! try confiscating my seed phrase. yeah, you could beat it out of me if you keep going after i gave up a couple decoy wallets, but you could have literally anything i own if you're willing to do that to me.
i see what you mean, but that’s like if the first amendment was limited to sending a letter by post. sure, you’re free to give cash to whoever you want, but the fee you have to pay may be a few hundred dollars for a plane ticket (and even then, you can’t fly unchecked with large sums of money, so you’ll likely have to drive or catch a train)
dude, do you realize how long it would take to transfer gold between 2 people across the world? you can send millions of dollars to someone across the world in btc in 30 min. try that with gold. also, you say gold is secure, but is it? a lot of people don’t physically hold their own gold and are trusting an institution with custody of it. cash is more efficient than bitcoin if you are trying to buy everyday commodities, yes. storing value in cash is fucking pointless though. the us and other countries treat bitcoin as an asset. the people have chosen that it should used as an asset. comparing it to cash is basically irrelevant.
cash and gold are not digital dumbass. this is an internet world now. get with the times. and are you aware of the war on cash? what world are you living in? cash is almost entirely inefficient at being used for global trade. it is not efficient to just stop doing things, like global trade and digital payments. that is actually inefficient at flourishing, living and progressing, assuming those are things you value. if you want silence, and nothingness, then the most efficient thing is to die. and you are demonstrating perfectly why the religion of "the environment" is anti-human. not to mention cash requires mountains of dead bodies to maintain its value. that's on you too for ignoring it. and the military, which is absolutely required for the dollar to exist, is the worst polluter on earth by a large degree. that's you too. you're on the wrong side of the environment. oh, and your precious "cash" requires a central regime who cannot help but continuously print money to incentivize wasteful consumerism that litters the streets, oceans, and landfills. oops, whose side are you on anyway?
gold is the worst industry in the world for the environment.
can’t send millions of dollars of cash (let alone gold) across the world instantly and totally privately.
money can buy an education but it cannot buy class.
there are certainly other secure cryptos that are far more efficient
i value extreme volatility coupled with difficulty of use for the masses. i'm going bitcoin!
can i do a single payment with lightning without incurring on high fees or waiting over 5 minutes?
the other issue with them is the lithium mining. sure, not horrible for co2 release, but rather toxic for the environment. also also: people compare the energy taken by the whole of bitcoin operations and compare it to only a fraction of the energy used by fiat (card transaction electricity costs) but forget to add a ton of other stuff on top. the environmental argument against bitcoin is full of holes and besides, countries should be moving towards more renewable, which inherently makes bitcoin greener
if you only take into consideration the electricity itself, you are 100% right, but what we also need to take into consideration is the machines. the manufacturers making these charging stations most likely run on fossil fuels, not even mentioning the parts in this equipment which use a variety of parts extracted from fossil fuels (plastics) and mining (gold, lithium, etc).
what about the energy that bitcoin exchanges use?
> wire transfers still cost about , while ach transfers take 2-3 business days. that must be in the us, definitely not in europe. > banks own warehouses full of servers, and adding new servers does not add security to the network. adding new servers adds more transaction throughput. in bitcoin though, there’s no way to add more transaction throughput, even if you add more servers.
i don’t think someone driving a two dollar rusty tricycle wants to get on the smelly bus
that’s not true. even fossil plants are thermodynamically more efficient than an ice car.
just because you can , doesn’t mean you should
i mean he claims to be a co-founder when in actuality he was the first big investor. there’s been a couple interviews with the actual founders before
i, too, want luxuries to be the sole preserve of the wealthy.
ok. so if it’s that obviously just crazy talk… disprove it.
that’s why miners are in places with cheap power.
sure. every single btc transaction uses approximately 1.5 megawatt hours of power. that power would it would also refill your tesla 20-30 times depending on the model you have. per transaction. i said wrong above, it is not 2,000km. its more like 10,000km. i cannot believe the downvotes.
i’m honestly not sure. bitcoin uses more power than all of the fortune 50 combined. it might be a toss up. and that’s the issue. blockchain can make a system that is a million or a billion times more efficient than that.
except that’s not how bitcoin works, it’s the opposite - each transaction requires slightly more energy than the last. this ensures that, no matter what, bitcoin will always be consuming the maximum amount of energy possible as newer and newer chips compete with each other.
because even if we did produce more, bitcoin uses an astronomical amount, just to transfer wealth. we do not and will never have unlimited energy. can bitcoin energy be reduced? if the answer is yes, let us hear it. if the answer is no, you've got to let go and move on.
he’s just here to please the traders and accumulate on the hodlers expense. binance is pure crap.
bizonacci's youtube channel. worth the watch.
“secure store of value”? what does that even mean? without transactions you have nothing.
pretty sure he was born with it and he started 3 different billion dollar companies ... maybe the mentally ill guy kinda knows whats up...
lol, i'm old. thank you
i'm not a free market libertarian nerd, and you missed the entire purposed of my comment.
he could of gave us a warning... lolz
and btc surely is doing that. i think the 70% green energy usage today is already great but its gonna be better too.
i wouldn’t be surprised if he’s mainly doing this as a fuck you to the sec
bingo bango fleecing retail investors
in a meanwhile.john macafee also thought so
i am happy bitcoin is not regulated by sec, at least anyone is free to manipulate bitcoin, instead with stock and traditional securities only "the lucky few" are allowed to manipulate, and they keep getting away with it. as per elon, i think he is in dangerous territory, it is true bitcoin is not regulated, but tesla stock is, and tesla is heavily invested in bitcoin...
he's the one who said he will take bitcoin as payment. bringing bitcoin to 60k. he declines it now, bitcoin back to 30k
this has been debunked so many times i do not know why you still even try.
he fled s. a. to avoid the military service and the apartheid, and be able to persue his dreams. he knew with the apartheid he wouldn't be able to make much...
tesla makes *appalling* vehicles for the price. their quality control is atrocious.
because there are regulatory goals for each manufacturer like (and i'm making these numbers up) 10% ev, 30% small car, 30% light truck, 30% heavy truck. if ford makes 4m cars and needs to produce 0.4m ev, and tesla made 0.5m, they buy some credits from tesla so that tesla "made" 0.1m ev and 0.4m ice vehicles, and ford gets the credit of "making" 0.4m ev.
because elon musk is a government subsidy whore. that’s why he’s into space exploration and batteries.
co2 fleet emissions. your cars emit too much? better sell some more small ! don't have those? better buy some smaller car maker with efficient cars or have your customers pay a tax. or buy carbon credits of a very efficient competitor, what tesla has been selling.
hydrogen cars still use lithium ion batteries
"used" batteries can be slapped on homes and on large ships. it turns out that with modern smart charging electronics the batteries last a lot longer than we previously thought. the batteries do contain some highly poisonous materials but it is not like people are going to dump used ev power packs by the side of the road.
there's also the possibility of new battery tech that does not rely so heavily on kobalt and can be much more compact. there's been a few promising developments in that space in recent years.
>they made 20x as much selling cars than they did selling credits (in most recent quarter) in revenue. of course they did. cars are expensive to manufacture but also expensive to buy. *obviously* most of their revenue is from the sale of cars. but if you take away the credits (and booked btc "profits") from the quarter, then they did not make any profit. they actually lost money. all of their net profit is credits and the btc. and all of their net profit in previous quarters is from credits as well. in other words, they do not make any money selling cars, their operating costs are higher than the revenue they get from the cars.
tf is wrong with being confident when providing facts in the face of bullshit?
well what they said is horrifically wrong. they made 20x as much selling cars than they did selling credits (in most recent quarter) . see slide 4,first 2 lines of the financial summary of the latest shareholder deck:
yeah i want ravencoin to go up 🥺 but yeah we are all biased and everything we say should be treated with a healthy dose of skepticism. that being said might i interest you in the wonders of my ravencoin and beam investments?
that makes zero sense. you want a free for all with no rules but you still want people to behave on an arbitrary moral compass you think is acceptable? do you also get upset when you get wet swimming?
bad save, just because you thisagree, and got angry because you jumped on the fallacy wagon, and because you know you would do the same in his shoes but do not like getting called out on it, do not make it pointless, maybe have a proper argument before you jump the gun going "grr grr, bad man right, but me angry because man right, must play outplayed card i do not really understand but see others use, grr grr" dumbass.
yeah, but a lot more people use atms... you cannot just ignore the denominator.
i like the anonymity of cash, and the fact that if the power is out i can still use it.
even the proponents of bitcoin agree that its current power usage is around 1. what they seem to not mention is energy use per capita. banking systems are, well, used all around the world. bitcoin is used by a vast, vast minority of population. and the vast majority of that minority has never made more than a handful bitcoin transactions in their life. in other words, almost nobody uses bitcoin, and it still takes 1.
> centralized systems are just decentralized systems in one ???? no lol centralized systems are structured in a completely different way. > to process 1000s of transactions per second takes a lot of resources. except in a centralized system it doesn’t. a single computer can process millions of transactions per second.
look, you clearly misunderstand why bitcoin works. the proof is in the work. it does not matter if its efficient or not. it does not matter if bitcoin can handle 500k transactions per minute, or 100 million per second. the amount of work produced by the good agents has to be far bigger than that of the bad agents. it will always require thisgusting amounts of power to function. centralized systems do not compete in fear that their datacenter's computational power may be overtaken by unseen entities. it, by concept, can never be more efficient than a centralized system. the whole point of bitcoin is that its not. i am truly confused by the comments made by elon musk implying that he wants to find a more efficient coin for environmental reasons. the only advantage of a more efficient coin is speed of transaction confirmation (which should not matter that much for his plans), not reduced energy usage.
you're slightly incorrect in the way that you word your point. a coin is not secure because of some cool more efficient math than bitcoin. a coin is secure only as a consequence of large energy consumption. nothing will ever be more efficient than bitcoin, because no matter how fast transaction confirmation is, you still need a vast power output to prevent the attacks.
yes they are highly inefficient not just in energy efficiency
i get what you're saying, but bitcoin is global right? so compare it to every bank in the world. every printing press. every atm. etc. all that alone uses more power than bitcoin. banks, print, atm, credit card machines. the world uses gold standard. global.
btc energy usage is complex also. people drive to work at exchanges. software developers eat lunch at sushi plate train cafes. miners blow dry their hair before driving hummers to remote farms. bitcoin visa, cathie woods peloton is made of titanium, etc...
think about how much power the central banks use. think about how much power payment gateways such as visa . think about what backs this- the usd dollar. think about how much power the prison + military industrial complex & petro-dollar usd uses. it's impossible to measure, but i think the argument that it would be more than what bitcoin uses is self-evident bitcoin is self-contained, self-supporting- "all in one", more or less. very easy to point fingers at something that is measurable with reasonable accuracy, while forgetting how much energy we already use in our current dominant system. that's not even going into mentioning how much energy was used and physical, which was more or less for ensuring the usd remains the world reserve currency, backed by oil. that argument is a little bit more conspiratorial but fuck it i'll use it if they are peddling bitcoin fud by latching onto the cultural momentum of climate change. the hegemony is doing fuck all about climate change anyways... it is only a concern now that bitcoin threatens the viability of their shithouse system. furthermore there is absolutely no reason why bitcoin cannot be green... it is not inherent to the protocol nor is using electricity inherently bad. electricity usage is imperative to modern life. if miners got home batteries + solar or another renewable alternative, it could very easily be a lot more green and less dependent on the 'grid' which might use 'non-green'-renewable energy sources. or if governments around the world actually gave a fuck and swapped to renewables, bitcoin would also become green. the environmental fud is such a fucking farce. it pisses me off.
what about the energy exchanges etc use?
>thats the thing. the true bank energy usage is impossible to calculate. it's not. it's called a life cycle analysis and you can look it up fairly easily. the real question is whether numbers of bank-a are suitable for bank-b and whether all cycles are included. usually life cycle analysis are audited by another party that verifies and validates the numbers.
no you have to compare alternatives.
okay... let’s talk lithium mining...😆😂🤣 he’s shot himself in the dick with his environmental narrative. he’s a clown.
sounds more like he could not not do it and is subtly trying to include his delusional believes that there is a threat from the left
enlighten us, please. how can i do a single payment to a random person using bitcoin without waiting hours or paying high fees?
> cash is inefficient at being used for global trade yes that is why all businesses around the world are moving to cryptocurrencies that may fluctuate in value to double digit degrees on a daily basis. for security yes. sure
yes but there are certainly going to be pros and cons as we’re not comparing apples to apples. most of this is not as simple as this sub makes it out to be.
they compramise its security for that purpose.
so the problem is criminals committing crimes in a authoritarian police state? and that’s somehow bitcoins fault and it has to do something about it? do we blame the us dollar for meth labs in mexico?
>adding new servers adds more transaction throughput. no it does not as banks do not own the payment rails fiat money operates on.
true he didn’t start tesla and was an early investor. i’ve seen those interviews with the tesla founders, they’re still tesla shareholders and i’m sure they’re quite happy with that aspect. but does musk buying into a startup make him a fraud? make him a career scam artist? as far as i can see this claim doesn’t stack up and each time i ask a ‘musk is a fraud’ person, i get nothing that backs up the claim.
co2 is basically mass and energy, so the bigger, heavier or more expensive a thing is the more co2 it was necessary to make it. so a bolt is more co2 intensive then a dacia and an iphone is more co2 intensive then a nokia. so when looking at products it is more or less a tax on the rich, all the way from exotic flights to jewelry. but it keeps things simpler so now you do not need a gas tax and carbon credits for car manufacturers to then produce compliance cars, it is all included in the co2 tax equation from the manufacturing process all the way to the gas station with no government in-between since you already have sales taxes and vat systems. and the thing is this way you get rid of coal subsidies, oil subsidies, green subsidies, wind and solar incentives and so on. basically it would allow the industry to replace all their old inneficient equipment and modernize using a different cost analysis and amortisation schedule. and yeah it might have some unintended consequences like plastic being cheaper then wood or paper for packing and some metals becoming more expensive then others, but the market will take care of that.
uhh you're the one making the claim so the burden of proof is on you
you’re missing a big part to this... to thisprove something it needs to be based in fact. you have a lot of speculation. that isn’t fact.
but we have multiple operations in north america, the numbers can’t be correct. if they were, these businesses would be insolvent.
this definitely is not right. maybe every block, but each block can have thousands of transactions in it. edit: just did some rough math on 2000 transactions per block (which is the low end) and the numbers are at only 20 tw. so your statement is almost correct, just off by a factor of more than 2000. that is why you're getting downvoted.
better believe it and that there is something wrong in your viewpoint. only after that you have chance to learn something. but as long as all the other people cannot be right and you must have right knowlege already is your mindset, nothing is gonna happen. try thinking of scaling. who cares what the energy consumption is at the moment, when transaction volumes are rising almost day by day and this new, greener, better and in many ways more efficient asset class is only just born. you think every email sent has now the same energy foot print that it was 20 years ago? yeah, me neither.
think about the global picture. can you imagine the amount of energy you need to run the fiat system? not just the power for the money printers, but everything! running banks, bank trucks, security companies, alarms, the amount of institutions needed to emit protect and validate fiat... atm machines. all the gas for the cars of all the workers in banks and other institutions to make fiat work?
> just to transfer wealth uh, you're forgetting something even more important than transferring wealth... securing wealth.
there are transactions. but it’s not necessarily important to have thousands per second because that’s not its main function. however this will probably change in the future
also, just for the sake of argument, you stated he founded 3 billion dollar companies, which is just factually incorrect. he co-founded zip2 with two other people, which was bought for (so <) and he received , then he founded x.com which of he controlled largest portion of the shares, and eventually received (so safe to say x.com was also worth <). and eventually he founded spacex, which has not been bought neither is a publicly traded company, so it is real worth can only be a speculation, but it raised .16b in equity funding, so either someone is getting a bad deal or it is worth well above . tesla was founded by martin eberhard and marc tarpenning, they designed tesla roadster and laid out a company vision which is followed to this very day, which is to build "a car manufacturer that is also a technology company, with its core technologies as: the battery, the computer software, and the proprietary motor".
no but power plants are a lot more efficient at creating energy than a fucking car engine you fucking dumbass. i was being nice and informing you. i called you ignorant, but now i know you are just stupid. also, luckily one day we can make electricity from things other than coal. but you cannot drive a gas powered engine with the sun. 1 coal does not = 1 energy. that's not how that works. but at the end of the day, you are still just an idiot.
i agree and looking forward to that.
he does not care about the sec. he cares about money and realized when he was manipulating tsla. he can manipulate crypto all he wants with no repercussions and he makes way more money off of that than flying rockets or selling cars.
a bird flys across the sky everytime it rains, damn birds causing rain!
has literally never been debunked he fam owns an emerald mine
sounds like a problem with the government tbh
you’re absolutely right. but they can be much smaller and will last longer. nonetheless we are going away from the fact that uncle elon is manipulating the btc price for his own gain.
i think the market for battery covered houses is rather small. plus we have been dumping toxic waste for a long time. west africa is an example where companies from rich countries went and dumped all kinds. closer to home, the farmland outside of naples in italy is useless due to years of illegal toxic waste dumping. but that’s not the issue at hand, the issue is uncle elon manipulating the crypto market in order to create a new pony and i’m glad people are speaking out against it.
yikes...so what happens when other car manufacturers start making their own ev cars and nobody want's tesla's credits anymore?
this whole "credits are bad" thing is going to die soon and finally settle things, but until then i guess i'm in tsla camp and you're in the tslaq camp.
do you realize the profit margin on those cars is somewhere in ballpark of 0-20%. and those credits are 100% profit right ?
you’re right. we can’t just ask people to behave on an arbitrary moral compass. we should just get rid of free markets and make the moral compass built into law.
it’s really not that hard to understand. i don’t like scumbags. and i want free markets because scumbags tend to lose to superior competition over the long term. plus there aren’t rules effective enough or practical to keep elon from doing what he’s doing, so you’re not really proposing a realistic option here.
“free market” and “no rules” are not the same thing. with respect, you talk about this subject like some 19 year old who just found out about anarcho-capitalism. edit: wow okay profile-dive, i think even the word capitalism would be a step too far. yeesh.
you’re argument is “anyone in his position would totally do the same” and nope that’s just false bs dude. then you get butthurt because you would do the same thing as him, but guess what not everyone thinks like you.
there’s nowhere to lead off a proper argument from your original comment. you just made a blanket statement about “what everyone would do”. i mislabeled your argument as a strawman but it’s actually circular reasoning. could probably say it’s also a hasty generalization. you’re validating your own claim based on literally just your assumption of what others would do. i think you’re the angry one here lol, you seem to be pretty touchy...
lots of people use it and it’s still alot worse for the environment. go figure. people who complain about bitcoin being bad for the environment are the same people oblivious to the impact of traditional finance lol
yeah i hear cash is what all the criminals use. anonymity is great 😋 although it is quite scary, if the power did go out our traditional finacial system would be mega screwed. bank databases and servers gone, online savings accounts gone, atms gone. would be absolute chaos lol
if we are doing silly accounting, then we also have consider the energy usage of every phone and computer used to access your cryptowallets. look, the end state can still be useful and great, but why are people just lying?
proof of stake, while inherently unfair is more efficient than poof of work. i am sure someone will come up with an even better approach. bitcoin is the first and i think it will retain value because of its momentum. but i see it becoming the digital equivalent of a brick of gold or slow money while newer coins become the transactional currency.
i wasn’t arguing it matters if it’s efficient. i was arguing the current legacy system doesn’t run at a zero impact to the environment. the people attacking bitcoin for that reason have no clue what they’re talking about
security comes in a variety of forms i was just using one example to help what i thought was a novice have a tidbit of insight in to what is meant by security.
to put it concisely, as you suggested, there is nothing more efficient than bitcoin at doing what bitcoin does.
and if bitcoin becomes widely accepted you'll have to include every bit of infrastructure involved (like you've done here) which would largely be the same thing as financial institutions and businesses get onboard. what major countries are still on the gold standard these days anyway? the answer is none.
bro these people would have something to say about the sheer environmental devastation my buddies and i inflict on our minecraft realm. mass strip mining, mass deforestation, leveling ground, tnt detonation, arson, automated livestock farming, slaying livestock by sword or burning them alive, pillaging innocent villages for the sake of it. just about the only ethical thing we do in that game is grow potatoes and wheat. minecraft can be really dark if you think about it lol. but noooo its a perfect game for children lmao
mining card and their chips...
well for each of those there’s definitely at least 1 usd equivalent, so the energy usage might be equal but probably greater for usd. like for every btc exchange, there are probably ten exchanges which will facilitate the buying and selling of usd for other currencies (forex).
this is a reach
okay, those are comparisons we should not make. because visa. but those are *centralized* systems. let's not lose our way here people. bitcoin is energy expensive because it was not expected to grow so rapidly. but the solution is easy; renewable solar energy. if a youtuber in nevada can figure it out then so can serious miners. is btc mining dirty because of chinese miners. yes. does it always have to be that way? no.
probably about equivalent to most forex exchanges, and there’s probably more employees employed by all the forex exchanges around the world
off chain via lightning network. transactions take a coupler seconds and cost about 1 satoshi.
no, you are completely wrong about that
please elaborate. how would i do that.
then you should be talking about adding servers to those payment rails. talking about adding servers to an unrelated service and comparing it to bitcoin doesn’t make any sense.
yeah i haven’t seen anything legit fraudulent either. some questionable stuff yeah, but that’s anyone at that level of public eye
bitcoiners see price drop and commence ad hominem attack because they cant attack the strong argument. i am a bitcoin hodler too but watching the personal attacks is kind of pathetic. most people want the exchange rate to usd to go up and when it goes down they go through the denial. most posts in r, anger or bargaining psychological defence mechanisms against the painful reality of how much electricity bitcoin uses and it will only ever be a store of value - not a currency. its foo slow and the transaction fees are too high to buy a cup of coffee to be a currency. maybe with lightning, but thats the only hope and its not happened yet. if people really believed in bitcoin and not deep down thought of it as a ponzi scam, then just buy the dip. he gave you a 50% price off. isnt is supposed to have the same market cap as gold? ie ? you can get in at a lower cost base! but most people are sad because their dream of retiring young through btc are forever gone and the only ones who got rich are the ones who got in early, and can sell out for a massive % profit.
>co2 is basically mass and energy, so the bigger, heavier or more expensive a thing is the more co2 it was necessary to make it. so a bolt is more co2 intensive then a dacia and an iphone is more co2 intensive then a nokia. how co2 intensive is a wooden table? your analysis ignores what the item is made of or how far it is shipped. >so when looking at products it is more or less a tax on the rich, all the way from exotic flights to jewelry. spoiler alert: virtually everyone in the west is "rich". the purpose of carbon taxes is to ensure only the people you and i think of as "rich"a are able to fly, eat meat, drive, and basically not be a serf. >but it keeps things simpler so now you do not need a gas tax and carbon credits for car manufacturers to then produce compliance cars, it is all included in the co2 tax equation from the manufacturing process all the way to the gas station with no government in-between since you already have sales taxes and vat systems. why do you need a tax that punishes the poor for polluting and not the rich? the rich will still be able to buy this stuff. the poor and middle class will be priced out of it. that is the goal, after all. >and the thing is this way you get rid of coal subsidies, oil subsidies, green subsidies, wind and solar incentives and so on. basically it would allow the industry to replace all their old inneficient equipment and modernize using a different cost analysis and amortisation schedule. you're replacing one irrational system with another. why not have no subsidies or taxes?
i think i thisagree with your foundation here. fact would be much harder if at all possible to thisprove… as it is fact. a theory by definition is a hypothesis of something that one believes could be fact. so my premise for the theory is that i believe it is possible musk and tesla were pressured into suspending the acceptance of bitcoin payments. i believe it is possible that this was through leverage applied through the proposition that continued acceptance and promotion of bitcoin by the company could result in the reevaluation and possible suspension of the carbon emission credits that have created the profits for tesla, which have allowed tesla to be listed on tue s&p 500, and allowed musk to achieve relatively speaking unparalleled wealth. the justification that musk offered, the energy consumption of bitcoin mining is something he would know would cause him to look foolish given the resources consumed in lithium mining and electricity production for tesla cars to be both built and operated. tesla just made more money last quarter selling bitcoin than selling cars according to what i read. no business would abandon a profitable endeavor such as this unless there was a major risk associated with continuing said endeavor. so again. i would ask where the fault in my line of thinking is. because it seems pretty plausible to me that the abandonment of bitcoin was not a choice. again just a theory. 🤷‍♂️
the security spend is for the network and its value and decentralization. the transactions have low marginal cost. especially on second layers. just like with the dollar. you don’t take the cost of the us military and divy it up among all usd transactions and call it the cost per transaction. it’s just the cost to have the whole system and each further transaction has near zero marginal increase in need for military spend.(at 250 million dollars(or gallons i forget which) of gas a day)
here is my calculation: [current bitcoin hash rate]( 150m th= 150 \* 10^(6) \* 10^(12) = 1.5×10^(20) h(hashes per second) let's assume that all miners run the most efficient modern asic hardware (which is definitely not the case, but i'll give you that). according to [this article]( it appears to be "dragonmint t1" which consumes 0.098 j(joules per 10^(9) hashes). if the entire bitcoin network was running on this asic it would therefore consume: 1.50×10^(20) \* 0.098 ^(9) = 1.47×10^(10) j(joules per second) bitcoin block is mined every 10 minutes on average and one block [currently contains]( 1606 transaction per block but [this article]( estimates maximum number of transaction to be 2759 so let us use this higher estimation: 1.47×10^(10) \* 60 \* 10 = 8.82×10^(12) j(joules per block) 8.82×10^(12) ≈ 3196810439 j(joules per transaction) [1 joule = (1) kwh]( so: 3196810439 ≈ 888 kwh(kilowatt-hour per one confirmed transaction) an average us household [consumes]( 28.9 kwh per day, so the confirmation of a single bitcoin transaction is equivalent to: 888 .9 ≈ ***31 days*** of running average us household electricity-wise so if my calculations are correct even with the utterly unrealistic assumption that the entire bitcoin network runs on the best 2021 asic hardware it would still require the equivalent of 31 days of average us household daily energy consumption just to confirm a single bitcoin transaction.
did you see link? i didn’t make anything up.
btc doesn’t scale right now. it has a fixed number maximum transactions (based on btc block size it is hard limited at about 4 per second globally). the power continually rises to support this. each transaction today is much less efficient than it was before. that’s the problem with btc. it’s designed to not scale. maybe future iterations of side chains offer a minor reduction in that, but the btc main chain will always use more power than a medium sized country because of what it does. in 10 years, we will be talking about btc like people talk about mainframes or vacuum tubes today. they’re mostly dead and not a very efficient way to handle business.
>try thinking of scaling. who cares what the energy consumption is at the moment, when transaction volumes are rising almost day by day and this new, greener, better and in many ways more efficient asset class is only just born.you think every email sent has now the same energy foot print that it was 20 years ago? yeah, me neither. you just said a bunch of environmental words without actually describing why the transaction volume increasing will decrease the hast rate and reduce energy consumption. from what i understand, bitcoin will not be getting more efficient just because the nature of poof of work. and yeah emails have gotten more efficient in the sense they can fit more data in less packets but that is just with optimization of the internet in general, the electrical costs on that is miniscule.
ah yes losing half of its value in weeks, very good at securing wealth
yeah he was ceo.5 b, safe to say he was definitely involved. he joined telsa like 6 months after its founding with like 3 employees so i can just imagine how much vision and technology they had before him. hes even listed as a founder and has been the ceo ever since... how many people know who martin or mark are? and how many cars can they sell on tweeting alone? spacex... definitely worth over a billion so... its not when he earned 1b from shares in the company... its when the company hits 1b valuation and he was there in leadership position.
ahh haha he deleted his comment. the shame!
not as clear cut as that, because his tweets also affect bitcoin futures and they are regulated! he's as likely to get into trouble messing with bitcoin as tsla.
are you his accountant or his close relatives?
you must be new to crypto. cause we're still on a bull run.
yes and no - in crony capitalism both the government and the corporations are bad actors. guess who lobbies for energy subsidies and “public-private partnerships”?
that’s not even a problem. these are industries we should be incentivizing progress in.
the market is small now. but that is because the amount of too old to use evs are currently very low. i'm a home owner and i'd love to have a couple of battery packs mounted on my garage wall. even without solar panels i could make a profit by charging them during low cost periods and using them during peak prices. it wouldn't surprise me if this became more or less standard on new homes within a decade.
if i'm being realistic... they will find other additional revenue streams most likely. they can lobby to get more subsidies. it looks like this year they are going to get federal tax credits again (fixed amount per car sold, paid from taxes), which originally expired in 2018 for them based on number of evs sold in the us. though gm will also benefit from this, but it is just more subsidy money going to manufacturers, paid by the taxpayer, instead of manufacturers paying each other for credits. they can "divest" into other "revenue streams" like crypto, which they have already started to recognize profits from... not sure why anyone would want to invest in a company who holds btc instead of holding their own btc, but whatever, seems to have worked as a pump... they also seem to have a near-permanent ability to raise capital by issuing new stock. normally this also drops the stock value for all existing shareholders, except with fomo type stonks like tsla, a drop in stock price automatically triggers a "buy the dip" reaction and the stock goes back up. and just like that, tesla can get a couple billion dollars from stock investors at absolutely no cost, whenever they feel like it. so they are able to operate at a loss despite that.
i'm not in any camp and i did not say "credits are bad" anywhere. but it is a factual observation that without those credits the company would not have made any net profit at all, based on their reported finances. i'm not asking your or anyone else to have a particular interpretation (whether positive or not for the company) of this fact, but a fact's a fact.
i hope you’re being sarcastic
good, now help everyone else understand.
great technical explanation, scumbags dont do well in free markets over the long term.
honestly that’s kinda a flex that’s they’re a mod of 2 really big nsfw subreddits
can you prove you wouldn't? no you cannot, so you have nothing but anger. blocked, too salty for me.
you jumped on an argument you did not understand, and now you're trying a drawn out "no u", a way too common tactic. there's no valid argument against as you cannot prove you wouldn't do the same, and thats a fact. so why even bother? anger ofc. blocked.
it's *because* a lot of people use it that it consumes the amount it does. not saying it cannot be made more efficient. if a bitcoin+lightning network processes 10million transactions using x energy, and bitcoin itself needs x, is your opinion honestly that bitcoin alone is more efficient in that comparison?
a 1 hour charge does not compare to 24 hour atms lol. noob
> what do you think a data center is? > > it’s a bunch of individual systems working together. i suggest you google the difference between a centralized system and a thistributed one, because you’re clearly confused. in a centralized system you don’t need consensus algorithms, information exchange, copies of a ledger, protocols etc. a database and a web server running in a machine isn’t “a decentralized system with just one machine”. > and for the second part…lol. you clearly don’t know what a resource is. please enlighten me. although you’re obviously pretty ignorant about computing in general.
>strip mining building homes for mobs >mass deforestation opening up new roaming lands for wildlife >leveling ground, tnt detonation bringing life to the earth >arson controlled burns are incredibly environmentally friendly! >automated livestock farming giving animals a purpose >slaying livestock by sword or burning them alive better than killing people, plus burning them alive means you can cook the food without pesky polluting fuel like coal >pillaging innocent villages for the sake of it if they did not want you to, the village has a way of shutting that kind of thing down idk bud, you seem like a downright saint to me
i don’t play. but enjoy your level of gamesmanship. the world is (your oyster) what you make it!
really glad to see you went all in on
we went from talking about electric and the environment to this tool talking about minecraft? wtf...
my point is that the argument made of consumption btc vs banks always factors every possible way a banking system can use energy vs btc mining use only. btc has many dependent industries and costs that are not factored into this equation.
oh yeah? how do you think she stays so trim...?
bitcoin doesnt need huge energy to transact, it need huge energy to maintain secure network
you have to consider the alternative costs too. producing solar panels has pollution effects, and as long as coal plants are still used, there is the margin effect that if a panel is used to mine, then it is not used to thisplace coal. and if bitcoin wins and actually is the currency of the future, then the military pollution will have to be accounted for by bitcoin. it's certinaly complicated.
can you please tell me the name of the youtuber
i have seen people compare bitcoin to visa. the summary of my rant . so it is not a good comparison. but yes i agree- it might be energy hungry, but so are many useful things. it can absolutely be green.
yeah, please tell me how i can do that. or maybe you’re the one who isn’t well informed. if i want to make a single payment via lightning, i need to do two bitcoin transactions: one for opening the channel, and one for settling it. so instead of waiting *t* minutes, i have to wait double that time. and pay double the fees. great solution there! and before you come at me with non-custodial lightning wallets, those aren’t really decentralized, and you don’t really own the funds. so it’s just paypal with extra steps.
really? you see no issue with us citizens handing over their id and financial informations to chinese miners?
1. withdraw bitcoin on lightning from exchange. 2. scan the qr code shown to you. i dunno man, a lot of the details kinda depend on how you want to use lightning. there are tutorials on youtube for the major apps.
unlike crypto payment networks, end users cannot process payments on fiat payment rails without intermediaries so it is not a 1:1 map.
agree—nothing you couldn’t level at a myriad of business people’s.
> how co2 intensive is a wooden table? your analysis ignores what the item is made of or how far it is shipped. i wrote a comment, not a whole book , so excuse me if i did not tackle shipments. yeah of course transport plays into the equation californian almond milk would be more expensive for europeans. as for the wooden table it would be the same with or without the tax but definitely more expensive then a pal one covered in vinyl, and plastic chairs would probably still cost less than wood. the tax applies purely on fuel from the ground and it is cost is spread across the production process just like vat, it should not be that hard to understand. > the purpose of carbon taxes is to ensure only the people you and i think of as "rich"a are able to fly well actually no, the purpose of the tax is to make more efficient light bulbs, the replacement of short flights through trains is a nice side-effect, we do not target co2 because it is related to economic activity in the west or in the developing world but because it is having an impact on the climate as we understand it today. > why do you need a tax that punishes the poor for polluting and not the rich? i fail to see how it would, every study out there shows milionaires have a much higher co2 footprint then people in the middle class, and last i check poor people could not even afford that flight and stay to disneyland paris. > you're replacing one irrational system with another. the plan replaces a system of local, state and various federal governments and agencies with a system that is cheaper to run, more automatic, excludes the government as middleman and applies to everything you can do as a businessesman to modernize and cut costs without the government telling you what to do on your roof. > why not have no subsidies or taxes? for the us it is at least matter of national security to insure a working economy, improving efficiencies and self-reliance of energy production and grid stability. just look at what happened with covid you closed your fracking wells and now cannot open old ones and cannot survey new ones so the us dependency on foreign oil went through the roof. for europe, china and japan it is important for the financial independence so they no longer need to pay for the us standard of living just so they can turn the lights on with us tbills. lastly sub saharan africa and china just want to move beyond coal just for the clean air and better polution standards.
bitcoin is so unimaginably inefficient that it is even hard to believe in numbers of its inefficiency :) and the [wwf study]( the article is referring to actually says: >\[banks\] provided loans and investments for projects and companies that emitted 805m tonnes of co2 in 2019 i.e. they compare the co2 emission created by all the projects that uk banks ***financed***, not the emission created by running the banks themselves.
yeah and im telling you the math makes zero sense unless the btc network somehow consumes more power than the entire world.
well i would bet you about what has happenwd in 10 years but i do not think you are going to have any deflationary assets to pay that bet to me in 10 years. :d you truly do not understand what are the benefits of bitcoin if you think its going to be "mostly dead" in 10 years. but its ok, you will learn as it gains more and more adoption. just like people learned the benefits of internet and email. just dont become toxic in a way that your mental health gets in a way when you see cryptos gaining more value and more adoption. im afraid of you some people who makes so big emotional bets already that its going to be bad to see how you can handle it when you see you were wrong. but i hope that will not happen like that and it will be slow but steady learning process for you too. happy summer anyways!
so are you saying that same thing cannot happen with bitcoin or what exactly are you saying? have you heard about lightning network for example?
> losing half of its value i see you're familiar with income taxes.
>its not when he earned 1b from shares in the company... its when the company hits 1b valuation and he was there in leadership position. so basically any ceo that joins a company when it is worth >? that is just not true in all sorts of ways. ' >he's even listed as a founder (of tesla) it's a controversial subject, he is not an actual founder or co-founder of tesla, he is an early investor, but he battled through courts pushing for the "right" to call himself a founder, and eventually the two founders gave in for the sake of sanity and agreed to extend the co-founders list to 5 people, which now includes musk.
lmfao, no the market is bearish af right now, you are in denial.
i don’t see it as a bad thing if companies are trying as hard as they can to reduce costs. if anything they’re smart for doing so. if government allows such a system in which corporations have such strong lobbying power to influence subsidies then it’s a problem with the government.
we’re literally arguing with a guy named anal_rapist_md. can we really take him that seriously?
scumbags tend do very well in government and get rigidly entrenched through ineffective laws and gerrymandering. and you think only people who are for ineffective laws that would only make the scumbaggery worse get the moral authority to deem people scumbags.
holy shit calm down lol
bro what, i just thissected what you actually said and now you’re salty😂 of course i can’t “prove” i wouldn’t do the same. that’s why your claim is in bad faith. here, you dropped your victim card💳💳
well, how long has the fiat system been in place? compare this with how long digital currencies have been in place. if you think there wont be progress in it’s impact on the environment that’s fair enough. this is actively being worked on by a number of projects in a relatively new space. in fiats long and illustrious history when has the factor of environmental impact even been mentioned? what about the impacts of gold and silver mining, transportation, thisplacement of communities, power consumption etc the list goes on. i admire the fact that your vouching for fiats lesser environmental impact but the industry is so massive it’s difficult to even quantify how vastly worse it is for the planet. perhaps if we scaled up digital currency to replace fiat it would consume more energy and have a worse toll on the planet but i highly doubt it. as solar, nuclear and battery technology continue to develop, along with the progress of individual digital assets mining processes, do you really believe mining cryptocurrencies is going to become worse than what we have already established? let’s all go buy some inflated slave diamonds for our engagement rings and burn our coal to keep warm in the winter. it’ll be fine. the impact of crypto on the environment when compared to fiat is fud.
thanks, i really needed these positive affirmations today.
oh, they say the world's your oyster, man, but oysters am not for me you're the belle of the ball but you am not my cup of tea they always vote you best in show but this doggie thisagrees 'cause i like life at paddy's pu (obligatory iasip)
reddit is mostly children
i’m saying i think for each one there’s at least 1 usd equivalent if not more. i mean think of one that doesn’t also exist for usd?
right. don't know why people keep getting this mixed up.
if i want to send you a fiat payment, we both have to fill out at least twenty minutes worth of legal forms, provide our full identity, wait for our cash or wire deposits to settle, exchange routing and account numbers, then wait 5 business days for the transfer to occur. if i want to send you an on-chain payment with bitcoin, we both need a computer or smart phone of some sort, a good internet connection, about 3 days to download and verify the blockchain history, and a means to securely communicate about wallet addresses and such. if this sounds silly to you, it is because you're arbitrarily placing the marker for prerequisites where you wish rather than assuming that certain things are not already in place. you're trying to take a narrowly defined, cherry picked use case and say, "see, it does not work!!!"
no need for a tutorial. to make a payment you need to open a channel first. and you need to settle it afterwards. there go 2 bitcoin transactions.
yeah, they’re different kinds of networks. but you said adding servers to a “traditional” payment network doesn’t add security, while adding them to bitcoin does. it’s only fair to point out bitcoin’s transaction throughput doesn’t improve with more servers, while that of a fiat payment system (or any centralized one) does.
>well actually no, the purpose of the tax is to make more efficient light bulbs, the replacement of short flights through trains is a nice side-effect, we do not target co2 because it is related to economic activity in the west or in the developing world but because it is having an impact on the climate as we understand it today. the purpose of the tax is to increase the price of consumer goods until consumers can afford to buy them far less frequently. a carbon tax means no international travel for normal people. it means meat will be taxed beyond their ability to buy it. if the carbon tax has not done this it has failed. >i fail to see how it would, every study out there shows milionaires have a much higher co2 footprint then people in the middle class, and last i check poor people could not even afford that flight and stay to disneyland paris. "studies" in the social sciences are worthless. and what you continue to not get is that our middle class and poor are rich on a global scale. our poor people have a much higher co2 footprint than the average human. for this to work they have to have their co2 emitting activity taxed until they cannot do it. >the plan replaces a system of local, state and various federal governments and agencies with a system that is cheaper to run, more automatic, excludes the government as middleman and applies to everything you can do as a businessesman to modernize and cut costs without the government telling you what to do on your roof. how is the government not being a middleman or meddling in a harmful way if it is literally seizing the economy? >just look at what happened with covid you closed your fracking wells and now cannot open old ones and cannot survey new ones so the us dependency on foreign oil went through the roof. that's just our politicians being stupid.
what? the network total is in that link. you didn’t even see it.
no, i’m all in on block chain tech. just bitcoin is the cave man of them. that’s all.
yeah i have its been around since 2015 right? why is not it implemented if that is the solution?
the market is bearish because bitcoin went down? lol let us talk in 2 weeks bro.
actually ltfs have been printing reversals for 3 days now after the price action bounced perfectly off the primary support thats been in play since april 2020. that keeps up and the htfs will start to shape up. knowledge is power.
yep and us miners reduce are costs by solar for years now, which in fact makes his (elon) statement useless and pumper ( i mean he is in the solar business and obviously a plug to try to sell more, and we all already knew this that are not newbie, just as crypto price is always on change both directions and wish you all the best on the coins you mine as white papers win in the end... one of my picks rvn (future stock market)
tails i win, heads you lose?
hey now. people from maryland are good folks.
well he is the most learned of the anal rapists
he mods at least 2 really big nsfw subreddits. just a cursory glance
thats cool beans bro, im just here to get bitcoiners ass mad at logic not to do another insurrection convention. good luck.
lol this guy is a poster snowflake
> perhaps if we scaled up digital currency to replace fiat it would consume more energy and have a worse toll on the planet but i highly doubt it. that is the only point here that matters. can bitcoin be more efficient than the current system at the same scale as the current system? because the goal of bitcoin is to replace it, right?
cpu time is also a resource, memory usage is also a resource, network bandwidth is also a resource, energy is also a resource. and bitcoin uses a lot of all of all of them. your definition of “resource” is clearly incomplete. but even with it, much less resources are required for a centralized transaction system than for something like bitcoin. as i said before, a single computer can process millions of transactions per second. processing 1000 per second definitely doesn’t require a lot of resources, which is what you said.
anytime, it is my specialty
it’s always—the best show on earth
> if this sounds silly to you, it’s because you’re arbitrarily placing the marker for prerequisites where you wish rather than assuming that certain things are not already in place. i think assuming the person has a bank account is pretty reasonable, given the fact that it’s required for mandatory stuff. assuming the person has a bitcoin wallet, or even a lightning wallet, is also reasonable. but assuming you have an open channel with everyone on earth is not reasonable. because even if everyone on earth had a lightning wallet and was willing to open a channel with you, you wouldn’t even have enough money to have a channel with everyone such that you could route a minimal amount of money through it. so please tell me, how can i pay for a coffee with lightning and not wait more than 10 minutes or pay more in fees that the coffee is worth.
if you don’t want to deal with channels use something like blue wallet. also you don’t have to settle, keeping an channel open to your exchange is fine.
to accept a bank transfer, you need to open a bank account first. we've been over this already. and you do not actually need to close the channel right after receiving the payment, just like you do not need to close your bank account after each transaction. you can use a lightning channel an infinite number of times for virtually no cost or delay.
it is being implemented. its not the only solution but its a one of the firsts. you understand what happened to email messages so why would not the same thing happen with digital money or digital gold? edit: it is not going to be a solution anyways for people who thinks totally new, most decentralized and deflationary asset ever created cannot use energy. first those people needs to see that it is ok for so revolutionary and needed thing to use electricity.
let us know when you find the logic
you lost your little debate by the second comment. yikes dude.
haha you gotta bring some logic yourself to do that
as the space is so new in the grand scheme of things and the entire world is becoming digital, i believe this problem isn’t restricted to bitcoin. renewable and carbon neutral electricity as well as sustainable battery production is at the heart of the issue. it’s obviously very relevant to crypto but it’s a problem that needs to be broached by almost every industry. everybody should be concerned about making the future sustainable, not so much about complaining that one individual industry or product isn’t. blaming digital currencies for environmental impact is one thing, perhaps we should blame microsoft and apple too while we’re at it.
hahahahahaha best comment 😹
well physical leather wallets are sort of like physical digital wallets (which are essentially like thumb drives or game boys or palm pilots or cell phones (but very simple tech generally more like a flip phone))
one of the cool things about lightning is that you do not have to have an open channel with everyone. as long as the protocol can calculate a route between the sender and recipient by hopping across nodes that do have channels open, the payment will complete. think of it like that "6 degrees to kevin bacon" game. with just a few hops, everyone is connected. i hope this helps you understand how much potential ln has.
if you use blue wallet then it’s no different from paypal. you don’t really have the funds. > also you don’t have to settle, keeping an channel open to your exchange is fine. yeah, but i was talking about a one time transaction. if you go to a starbucks once you’re not going to leave your funds locked. the thing is, for a single transaction you don’t gain anything by using lightning. quite the opposite.
> we’ve been over this already. this conversation isn’t with you, so we haven’t. > to accept a bank transfer, you need to open a bank account first. you need to do it once in your lifetime, not before every transaction with a different peer like in lightning. that’s a pretty big difference. > and you don’t actually need to close the channel right after receiving the payment, just like you don’t need to close your bank account after each transaction comparing a lightning channel to a bank account must be one of the dumbest things i’ve seen today. please tell me what’s the point of having an open channel with a restaurant you will never go to again.
you don’t actually understand the tech, do you? btcs algorithm is proof of work. it will continually use more power, not less and it has a hard cap on transactions per block so it can’t scale. some other block chains don’t have this issue. but btc does and that and that’s what’s being talked about in this thread.
so in the end musk was correct in saying bitcoin is not efficient because the only solution you gave me has not been implemented for 6+ years of its thiscovery...? well for one, we do not have thousands of email servers running at full blast waiting to receive an email. so how dose stuffing 20% more data in the packet help with the thousands of overclocked email servers blasting away?
in the context on reducing impact it seems quite wasteful to produce silicon just to use it for digital busywork. it's fundamental to the blockchain that if transactions are a scarce resource, people will bid the price up until they reach a pain point, and miners will continue to expand electricity use until they cannot pay the bills. it's not an elegant structure to me, adding arbitrary amounts of overhead. lightning network is the usual answer to that but it does not seem to be helping much.
according to them, they can process more than 65.000 transactions per second. and they need redundancy, storage, servers close to the users to reduce payment latency etc. in any case, a single computer can certainly outperform bitcoin in transaction throughput. obviously without having the traits bitcoin has, like decentralization and lack of trust. my point is bitcoin and similar system are extremely inefficient and limited in throughput, and can’t be used as a replacement for current payment networks.
no, because i use an edible soy wallet for my dollars, and keep my credit card in my buttcrack- so there really is no relevant comparable.
that means the network tends towards centralization. but even without taking that into account, how would you find a path towards the recipient?
> this conversation isn’t with you, so we haven’t. you are correct. it's not entirely fair of me to butt into other conversations you're having, but i could not help noticing that you're treating this person in the same thisingenuous way that you treated me. you're making the same false claims that i already corrected you about in our own convo, so it does not make sense to me that you're pretending our convo did not happen. >you need to do it once in your lifetime if you've only needed to open one bank account in your life, then you are probably very young. >not before every transaction with a different peer like in lightning. that’s a pretty big difference. i already tried to tell you that this is not true at all. lightning channels are infinitely reusable provided they are somewhat balanced. >comparing a lightning channel to a bank account must be one of the dumbest things i’ve seen today. you think it is dumb because you are drastically overestimating your own intelligence and understanding. you are the personification of dunning-krüger and this may explain why you have so much difficulty grasping new concepts. >please tell me what’s the point of having an open channel with a restaurant you will never go to again. you do not have to! you can have a few channels open with friends and companies you trust. your friends will have channels with their friends, and their friends' friends will also have channels open with their friends and companies. one of the people in your network of friends and companies is going to have a channel open with the restaurant (they probably have at least one open with their exchange where one of your friends uses to top up their channels). the protocol software creates a route that could involve 7-8 jumps before reaching the destination. my personal advice to you is to stop pretending you have a complete understanding of topics which you clearly do not. try to be more humble and ask questions with an open mind, and try not to insult the people who are going out of their way to help you.
dude, you are claiming in a bitcoin thread that bitcoin is going to "mostly die" in 10 years. and you think i do not understand the tech? wow.
i’d love to be a 2013 top buyer
i bought bitcoin 2 days before elon musk talks a lot shit, and its exacly the way i feel now like that old man. i am sad and happy at the same time.
no worries. this is a double peak cycle.
what movie is this?
as someone whose been in since 2013, it never gets old. people always panic and sell and lock in losses in an asset class that is deflationary. sigh. but it is entertaining to watch.
2013 buyer checking in. absolutely chilling right now. excited about 2025 bull run.
i'm sorry guys. it's my fault this time. just bought some cryptos. we all know the market dips after you buy em
it’s only a ’s to .
i still cannot believe this many cycles into it all i'm seeing people talk about bitcoin going to zero... people need to get a grip and get some grit.
bought in for the first time from every -1k from 50k to now. damn i’ve invested a lot more than i originally intended but hey ho. gotta be done🤷‍♂️🤑
haha i fucking love it. might be able to join the 1 btc club if it keeps falling. these times are simply coins going from weak hands to strong ones!! love watching newbies sell off i truly believe this strengthens the movement
never gets old. i'm sending this to my friend who fomod into crypto literally 3 hours before the musk tweet and is now having a breakdown.
i have mo moni to buy this dip, shit!!
the code behind the buy button triggers a market crash. can't tell me otherwise.
that pan-covered son of a bitch back at the hedge fund do not hardly fight fair, in my opinion.
class of 2016 chiming in. hold on brothers and sisters. this is the way.
let’s see, the chinese ban bitcoin and tesla just happens to thisavow bitcoin, coincidence? yet, bitcoin is still here. “…when we they ever learn, when will they ever learn…”
i’ve owned crypto since 2011. wake me up when it’s down 90%, so i can buy more.
just looking at the price makes me want to cry
blah blah blah, the lizards want a lower point of entry! those rich dicks do not play by the same rules as everyone else. overall, great sales on crypto this week guys.
he bought? dump eet
holy fuck what did i wake up to.
i don’t really understand why people get worried about stuff like this. like, all you have to do is just don’t sell, and you lose 0 money. were you planning on realizing like 100x gains within the week? that’s not how this works… that’s not how any of this works. it’ll always go back up. probably within a month in this case lmao, but regardless, it will in the near future.
i'm the 2013 old man, can confirm, no emotions on this dip, 99% in the market too.
this is far too relevant right now!!
dec 2017 top buyers are doing just dandy
no worries guys, i'll go sell some coins and we'll see a 20% run right after
yeah i bought some shit coins. but jokes on you i’m only down 68% so far
except this time elon artificially pumped this faster than it shouldve been. people that buy this dip will be handsomely rewarded at the end of the year.
lol so many newbs are freaking out right now. it's so funny to watch. when btc is in the green they are all like "btc to the moon! and hodl!". as soon as it goes red, they all panic sell hahahahahaha. this is what happens when you do not spend any time learning about an asset class and trade on emotion.
what film is it?
is bitcoin a currency or an investment?
hodler since 2014 that lost my handle on things and yolo’d a leveraged long at 49k...lost half of my stack. feeling pretty dumb lol moral of the story: just hodl it and it can’t thisappear
normally, i absolutely hate meme posts, and i was ready to downvote and report this one. however, it summarizes hundreds of posts in this sub in a one minute video. good job.
cant believe it hit 40k just bought 4k worth
as this: [ don't buy bitcoin. it's going to crash ](
"owning bitcoinn is like being on a roller coaster driven by a psycho clown who keeps looking back to see if you've pissed your pants yet."
what is this movie?
glad i sold all of my btc when it was at ath of 63k :d
lol, i love ath buyers, i love to sell to them, lmfao
so last 2 months btc was just pumps-and-dumps
which movie is that?
username; check. cake day; check. this meme again; check.
i love this movie!!
honestly, the only thing that would cause me to worry a little bit would be if our sustained lows this cycle ended up to be below the highs of the last cycle (one year or so below 20k at this point) otherwise i will continue to have a laser focus on acquiring sats thanks to these halving cycles.
happy to be here :)
i don’t get it what do i have to do now hold?
time to dca my way to the bottom, finally!
it's my first time feeling a crypto dive like this, but damn it, i believe in it and i'm holding. in fact i just grabbed some more btc.
the only thing missing in the video is the camera panning to a steaming pile of shit that is labeled elon musk.
polygon-off. matic strong! woot woot!
ngl 2021 holder… 5 months in it’s been fun so far, like i’m loving how cheap everything is.
thanks for the motivation man. really appreciate it. -2021 buyer
i have been here for a long time, and a lot is waiting for me in the future
which movie is this, i want to watch this movie.
lmaoooooooooooooo hahaahahahahaha 2021 is so me
i did not really enjoy this movie at all. was completely different to what i thought it was going to be ngl but even then it just felt like a whole bunch of great actors but not that interesting.
lol this is so accurate, all my friends are freaking out right about now. they popped their first crypto cherry
too broke to get rope, please if someone could donate some satoshis
my dog farted in my face while i was watching this.
should i buy or sell it. if it crashes we'll all being in trouble 😟
lmao… 😂😂😂 time to buy dip??
100x leverage positions getting slaughtered this morning 😬😬😬😬😬😬 fyi i’m buying more
shit is, at some point now we'll go back up, i dunno to 55 or even 60 maybe, and then we - if the 2013 or 2017 logic applies - we will crash harder down to around 20k or so. then we will bleed down to 10k, will crab sideways for a year then we will slowly go up and you take the 10k as the "deepest possible point" for granted. but then it will crash below 10 k and that is where you lose all your hope, because you held for 1 year or 2 and you were okay with a slowly declinging price but you knew, that you'd be rewarded at some point. when the price started to slightly go up again, you expected the reward. but you get fucked in the ass and you feel dirty, humiliated, sad and you want nothing to do with bitcoin and crypto anymore. and you sell. then the price goes upwards again, but only slightly. the little fucker creeps up and you - free of crypto and bitcoin- are not aware and frankly you don't want to be aware because you're fed up. until at some point you start hearing about it again. but you're sure that, while the price is rising, it is not going up that fast and that hard again. unitl it does. and at some point you fomo in. had that two times. this time i'll hold and i'll buy small amounts over time. i'll see what new coins will appear and will put some money into it. i will do that until all that fucking shit reaches 0 dollars. and when it reaches negative numbers, meaning i have to pay double to buy a coin, when it is not 1 or 2 dollar and not 0 dollar but - 1 or - 2 dollar, i will do exactly that.
bitcoin has never let me down since 2013.
lol this is so awesome!
what is going on with crypto rn??
keep laughing at those memes for the whole day it is really funny
it doesn’t feel good rn
gotta ask, what tool do you use to ,are the video memes? these are funny.
i think social media is gaining stronger and stronger influence making these up and downs harder and crazier.
it's fucking old. losing money is old.
i am a 2021 top buyer and i do not care it will turn around. i have faith.
this is the best thing i have seen today 🤣🤣
hahaha, so f brilliant 😂😂😂
2021 ath buyer here... imma check back in 2031. *while visible crying* i’m not crying, you’re crying.
but 2021 is not over yet
2017 17k checking in
i am 2017. i remember how it fell from 20k to 3k. i were literally dying man lol
2017 buyer here, i got wreaked back then hard and this time i got out a week ago... only a 10% loss... but 2021s i feel your pain, chin up
i dont know should i be more sad i lost a ton of money or look crap as the 2021 loser
woke up rekt af today
damn i really bought last week imma goy buy again
i started like 6 weeks ago. made some good gains with altcoins and invested the money into stablecoins. we just have to ride this storm out.
that was not the top. .
which one is michael saylor?
when does it stop i mean damn
these help ease the pain with laughter.
ha ha ha...so true! we will go down together!
yeah... it's tough out there 😢
i am honestly shitting my pants. hope this is over soon. i want to see some green
hey why did btc hit 0.06 back in 2017
this is how i felt this morning. in 2017 i bought some bitcoin. doomed and gloomed when it "crashed" but left my money in because if i was going to go down...i wanted to go down in flames. made it all back and so much more. so today, when i saw how far it sank...i knew there were two options. run like a coward and lose good money, or shout "double or nothing!" and buy as close to the bottom as i could get. let's goooo!
i bought in 2017 at 18k went down to 3k and instead of buying more i hodl and delete coinbase... fast foward to 2021... still holding.
if bitcoin can dip 20k to 4k, then it can dip from 60k to 12k. be patient
y'all remember in 2017 when btc crashed from 3,000 to 1,900 and caused a massive market selloff
whoever buys now is going to make a fortune 🟢 don’t be surprised if bitcoin hits 100000 someday 🔜 🛸
why they calling 64k the top?
i’m sad i don’t see any 2016 buyers here edit: this is the dip i’ve been waiting for
buy the dip folks buy as much as you can!!!!!!!!!!!!! !!!!!!! !!!!!!! lol
bought my first coin at 50k usd a few months back. my timeline is measured in decades, so i’m still feeling like franco. just a bump in the road.
cannot... stop... my sides hurt... please! this is just incredible! lmao 🤣🤣🤣🤣.
what movie is this from?
guys which movie is that?
anyone smart enough to jump into crypto knows "whatever happens to the market wont's sell". i see a lot of anxiety these days. i just woke up (,401) . instead of get anxious i just added 38 more to my position and finished my day with a profit of $. if you're speculating, good luck. if you're building wealth and hedging, you know the end already.
to all my top friends let’s hodl apestogetherstrong
i am a late to the party 2021 top buyer and am proud to say i held firm and in fact sank more fiat at the 30k dip.
this cycle is not over, it was just a dip from elon's tweet
they are printing dollars, they will print more, but there can only be 21million bitcoins ever
bitcoin to 0 ?!
please please please no more please 🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻 this meme definitely gets old!!!!!!!! if i gotta see james franco face one more time...🤢🤢🤢🤢
sorry not real sorry but sorry did folk to unloose hello money but no longer will a capital investors be banking on a imaginary nobu swap lines rather than a true value well you'll see in less than a week but medicaid be a kid and get that should sign
ok... wouldn't it be smart to sell all my bitcoin right now and buy more tomorrow when it is down to 30k? is this what 90% of people are doing? selling it to take their profits , drop bitcoin value , buy more bitcoin 📈
it’s not the end of bitcoin, it’s just elon has brought the bear market in earlier than expected. it’ll be back again in 4 years time but yes he is a piece of shit
[ cryptocurrencies and other non-productive assets manias always come to a bad ending.
you guys sweat to early , theirs proper formality on control your fears . the tunnel is long why run not knowing the full picture of ahead better equipping vision for solid results . u guys= = life through faith
kkkkk shitcoin ... are you sure? from an old, slow technology vs the new out there ... so much love respect... i will see you cry like a baby... 20k down. market swaps in the end ... you keeps point someone to pump 100k . wake up. i'm hold and lol 😂 with my special shitcoins . make your search ... the light is out there.
imagine thinking this was 2021 top
what is bitcoin, bitcoin mining, bitcoin wallets and how to trade bitcoin? everything you need to know is right here. for more info click here 👉🏼👉🏼[what is bitcoin? ](
i bought my first bitcoins for . as you can see, i am not a millionaire.
he’s only 29 years old.
i'm a 2013 top buyer, a 2017 top buyer and a 2021 top buyer, but also a 2017 bottom buyer and a buyer of this dip, what am i?
i got in in 2016 so that is a bit better than being a 2013 top buyer
2011 or early 2012 top buyer is even better (around ).
hahaha i would love that toi
only if you could go back in time
i was, so i was rather happy when the market recovered from the mt. gox debacle and i was back in black. i held for a while longer but it burned a hole it my pocket so i spent most of it on a gaming laptop from newegg about five years ago. turned out to be kind of a shitty gaming laptop, too. the rubber dome keyboard has worn out, but it is *riveted* into place so fixing it is a nightmare. lenovo. never again.
i bought the dip at .
the main thing is that you do not panic
i look forward to prices going down. my most significant gains have come whilst accumulating during the bear markets. just gotta dollar cost average and chill 😎
relax. put your phone down and live your life. don't get sucked into it.
sounds like you should be sad to me
i'm really sorry for this. i hope the market picks up for you
hash rate halving isn’t just a term lebanese farmers use when they’re selling their supply. hold on for the zenith.
twice the price, double the fall.
why not tripple peak
i'm not overly convinced to be honest. unless there is some massive solution on the rise, i think the environmental effect of btc is going to be a pretty big shitstain going forward.
when you get the green indicator you buy as much as you can no matter what!
it’s from the ballad of buster scruggs, a cohen brothers masterpiece.
how do i download the video? 🙁
except that was the time he actually gets hanged and suffocates to death...so hope the ones not in stablecoins do not go down his ending. as for me, well, usdt it is.
the rally has been brutal and we are only in may. see you at the refueling station in october
mind giving a relative newbie an eli5 on this matter? got in about a month and a half ago, and already have the hodl mindset and the hardware wallet, for safe keeping and as a panicky fellow. prices were around 55k during my stacking of sats. i keep hearing of these 2013, 2017 and now 2021 trends. obviously you cannot tell me what is going to happen, but is this how btc has been? looking at the all-time graph, it seems like every ath is followed by a crash, a recuperation period back to said ath, and then a new ath shows up a year later. does this mean 70k? not that i really give a damn about the price until 2025+
2017er here. what's your take on a 'safe' floor to buy more btc? i think it is 70-75% thiscount off the ath. would love to hear from a 2013er.
crypto og’s be buying low
exactly right and entertains every time. have an award.
reckon this bull run is over mate?
nah, thanks! bought more
i’ll take part blame for it as well
dca’ing those dips. you’ll catch it eventually!
start shorting on the peak.
then you should try to short it when you think it is the peak.
don't push all your money in a little dip, save some if it may dip more
this might actually be my fault, i bought 1btc 8 years ago, then held it on an old laptop not connected to the internet. last week i finally retrieved it and then, the shit hits the fan.
only if you're the sun around which the planets are spinning)
ain’t that the truth lol
and the moment you have fund, it goes to the moon and beyond.
nah this was all me. i accessed a coinbase account from 2018 with a whole , added another , and sent the whole market tumbling.
nah, i have a 10, that is why it would not stop dropping
lol this is how i feel. happens to me every time i buy something
happens to the best of us, thanks for the sacrifice.
for someone to make money, others need to sacrifice it.
i think you should keep your bad omen out of this crypto thing.
you should have shorted bitcoin instead.
don't buy it then, short it.
i hear it will be mooning to 1 million. mars would be a better landing zone.
nah it is going down to , until it is moon at 1 million dollars per bitcoin in december. see, i can pull numbers out of my ass too.
i know, right? i still always remember this one:
it doesn’t matter how much bad press bitcoin gets, the big investors realize what bitcoin is and will never sell. i don’t see it ever going down to a price like that. these corporations realize that if you don’t have bitcoin somewhat implemented into your business model, you won’t survive 3-5 years from now.
me too brotha 👊🏼btfd
time to open pizzeria
lol. bitcoins price doesn’t matter - people just really really value the .0000386 of bitcoin they own because its so rare!
yeah, why panic. 1 btc is a good club i guess. at the moment i buy btc it is always money i do not need in the next 5 years at least. if the '25 bull run will shade this one like it did '17, well then...
that makes me happy, i want to join too.
i was trying to get in the 21 million club but it was becoming more and more difficult in the bull run
it was very expensive to join the club at that price.
that’s me ... although i’m a miner just paying for the electricity
goddamn this is a fucking bloodbath. idk if i've ever seen a crash this substantial without *any* changes in the __*market or technology*__.
jus hold til 2023 and probs double up
how much he lost?
everytime i buy they dump hard afff
isn't the chinese ban really old news? it just got reposted.
if you want to feel worse you should just look at it now
i'm mostly just sad that i bought 3 months ago instead of now or a few days from now. i could have double the bitcoin or more if i just waited. when i bought in everybody told me i was early, i did not know that meant too early.
people have no idea how long i can pretend a problem doesnt exist and hope it goes away. holding bags with massives losses...ehh i check back in a year or two.
dips are a relief for long time hodlers
well, even december 2020 hodlers are looking at double.
i’m buying on the way down, hoping to buy a bigger chunk at the very bottom
the ballad of buster scruggs, it is a coen brother's flick on netflix.
it’s a bunch of ones and zeros.
it's a storage of value.
it’s neither, yet it’s both.
depends on the angle you're looking at and your own motives for using it. for some, it is also an idea of a new world.
the truth is, it can, but it is already related to fraud.
ouch 7 years of savings...
gotta buy over long term, homie. 25 a week for me.
i’ll bet you are glad right now, knowing btc tho it will rocket to 200k after shaking weak hands
i sold most of mine at an ath of 20,000. :(
why would you sell \*all\*. ever? if i could not miss the money i invest (and you should) then just sell & recuperate your starting money. then sit back and watch it go to any level you want, always profit. (except, absolute 0 :)
if it was not musk, it would have been something else, right.
someone help me save this video...helppppp
ballad of buster scruggs
neither was 20k the top but it fell to 4k before hitting 60k. so there is always that chance bitcoin can dip 60k to 12k before hitting new all time highs.
i’ll see you at 2023 when btc is at 100k
nobody knows the actual bottom. i'm not selling anything. i'm still in green atm
4 years? where you got that number from lol
bought my first fraction at around that as well. far from a millionaire. but that is just because i had very little money back then.
are you the real mia malkova?
ahhh i had a good chuckle at this. basically me.
*thumpthump chiiing!** !lntip 420
a dude with a pretty nice dollar cost average investment record.
also, do not forget your towel
seriously, do not forget your towel
if i could award you i would, well done buddy, some one positive for once. don't panic and hold the line, hats off to you fella
so does that mean you're buying the dip whilst dollar cost averaging? i'm not being a dick just genuinely curious
but... your account is only 2 months old 😂
the environmental argument against bitcoin is the biggest load of nonsense. compare it to the environmental impact of gold mining, visa transactions, atm withdrawals. drop in the bucket
i'm tired and not thinking with 100% clarity, but is it possible that this is a ploy that alien's use to determine if we deserve to survive? like humanities greatest weakness is greed, and if we're willing to fuck ourselves over purely for "imagined" gains, we deserve an extinction?
dude nobody is gonna care about the environmental impact. if it can make them money, they’ll buy the coin. and this is coming from someone that truly cares about the environment.
shit. love that movie. didn't know it was cohen brothers. no wonder.
truly one of the few pieces of media that’s moved me in the last few years or so.
i love the cohens' work and have seen all their movies, most several times. the only movie i thisliked more than the 'ballad of scruggs' was 'burn after reading'. i wanted to like it. it hit all the style points and themes that identify it as a cohens' product, but i had such an issue with it that i read the script to try and understand better what i wasnt seeing. didn't work, i think scruggs is their second most thisappointing movie they have done.
this and the first segment was the best!
i always thought that this was from _the imaginarium of doctor parnassus_.
is it streaming anywhere?
and it’s on netflix
literally not even in their top five.
you should click on a button “share” and then pick “save video”. better do this from your phone.
investors will like to buy it cheap and that will bounce it back
nobody knows. but you're right about the overall price trend, and if you've been paying attention since 2013 you really have gotten used to the volatility by now
a year later? the last crash took 2.5 years to recover.
past performance does not predict future performance. it’s anyone’s guess what will happen.
20k by december sounds more reasonable than 70k but that is just me. edit: lel, this aged well.
we were hoping for 100k by the end of the year. 70k by december would be on the low end of estimates.
it's hard to predict time frames. 70k could come in weeks or years. here is the thing: if bitcoin can dip from 20k to 4k, then we should always be prepared for bitcoin to dip from 60k to 12k
anyone who claims they can produce any type of technical analysis or fair pricing of bitcoin is full of shit. it's a speculative asset with zero precedent. you're gambling
we don’t know yet. in 2017 we had one meteoric rise and one big crash. in 2013 there was a double top, where we had a huge rise followed by a crash, and then a much bigger rally shortly after. this cycle could end up being a single or a double top, we just don’t know yet. i ended up selling a good chunk of my stack this run, but i have a bunch of limit buys set up so that i’ll automatically buy when we hit about a 15%, 25%, and 35% drop from here. i can easily picture there being a final rally, but if this is the big crash then i don’t even mind buying at those prices
no one here can accurately make those predictions. just dollar cost average with money you can afford to lose and stick to your convictions. this is from a 2013’er who didn’t take that advice and is subsequently still working a day job.
it is going to be hard to say. i think the days of those 90 percent drops are over. the volatility is a result of . that being said, i think you will see it hang out around the mid 30s to low 40s for awhile before resuming its uptrend.
we've had 90% crashes before.
seems certain enough for me. and we all know if bitcoin drops everything else follows suit. im just waiting to see how low it can go while dca. really looking forward to 2025
yes - we can say so. i do think 2021 year end could be interesting as well ( not as big as 2017 year end, but still ending the year on a high note). edit - current sharp decline is just panic selling imo
buy the fucking dip again. this is the way.
yeah, this is the way.
wouldn’t that mean you’re winning? good for you brodie
it’s definitely possible when the halvening happens
it does not really matter if big investors do not sell if people stop buying. price would still go down. bitcoin is also nowhere nearly important enough to ruin business models in the next 3-5 years. with other coins adopting better tech and the increased focus on the downsides of crypto (notably power usage), it is not unreasonable to think that bitcoin might take quite the tumble. becuase crypto has no inherent value, it is price is dictated purely by public opinion, and a company like tesla pulling out despite being an early adopter does not exactly boost confidence in bitcoin.
i was dcaing for this, now i will reach there faster.
oh shit watch out a whale. man your really badass
sheesh not everyone has the same amount of money to save, no need to make nasty comments
lol you realize people used to spend thousands of coins on pizza and beer right? some of these people have had more coins in their possession than current millionaires. dont be such a dick lol
same, except i'm some student with free monthly electricity thinking it would be a galaxybrain move to add a few extra bucks a month.
i have completed mining a full bitcoin few years ago.
china ban following up tesla shenanigans. all plays
time will prove you right or wrong, i am betting wrong.
wrong, last one in gets massive bags
may i ask why you are on a sub dedicated to a currency that you have no faith in? just curious why. i try to relate it to other things that i have no interest in but find myself not wanting to join and participate in those subreddits. this is not meant to be hostile, i'm genuinely curious what drives you here.
couldn't you just sell then buy at the bottom of the dip? or as close as you can get
in part, it was restricted to p2p. now as i understand it coin can only be held, not used.
if you wanna feel worse look at it now
my portfolio -50% from ath right now. my response... dang. looks at bank account to buy more. no money left and not about to saylor buy. lol
ah so like a floppy thisk?
good, by then i bought the dips and sold them at a new ath ;)
soon you can buy back in at the same price :)
i'm here for the money. i always buy low and sell high
hash rate increases, according to analysis ts who have been doing bitcoin for multiple bull and bear runs. lots of people have jumped into bitcoin in the last 2 or 3 years and seem to think they are experts. your best bet is due diligence and studying charts yourself. be very wary trusting anything said on this sub
haha me too. but that
haha yep me too lol greed is good
are these real sats? thanks man
agree. could probably mine a couple btc per day with a raspberry pi.
please for the love of god dont forget to bring a towel.
it does indeed. i've bought twice during this dip so far. i've been cost averaging since bitcoin was at 'll keep at it until i'm ready to retire
ahh yes, the latest fud peddled by the fed and others who are dependent on the current financial status quo. at least their green monopoly money has (allegedly) better power consumption.
no one ever seems to consider the pollution caused by the (future) e waste that bitcoin needs. sure, it consumes less than gold mining, but asics are not a pollution free thing to produce at all.
well, saying "it's ok because those other things are worse" is a common fallacy called whataboutism and does not negate the facts that the impact is huge. a better way of approaching that argument would be to first acknowledge it and then to actually do something about it. surely the devs behind bitcoin can focus on reducing the impact it has instead of trying to justify it, no?
it's not a load of nonsense. it's more than 0.1% of earths co2 release right now, which is huge. also it is much, much higher than credit card transactions and even fiat environmental effects combined. while there are certainly a shit ton of useless polluting industries you can compare bitcoin to to make it look better, it is still releasing an insane amount compared to other greener cryptos. you can stick your head in the sand as much as you want, but this is a problem that needs to be solved for btc to have the future we hope for.
it’s ok, he’s gone. the fud has him now.
what environmental impact does all the corporations and banks have on this world 🌎, it is part of every day life it takes time to combat these situations and yes it will be for the good eventually, it is what it is!! i do not see any billionaries or corporations kicking up a fuss about the rain forests being decimated at a rapid rate every day or looking for solutions on how to reduce the sea level due to ice bergs melting. owe no there working out how to build moon stations or build sky scrapers on mars for there elitist buddy's.
coen* ... and this is exactly why bill murray ended up voicing garfield, he made the same mistake.
it's a great movie, but i never want to watch it again.
which story got you the most?
i still remember the first time i watched burn after reading. 6 hour train trip and i was bored. saw that my sibling had downloaded groundhog day and burn after reading. asked a girl in my class if she wanted to watch a movie, and we both thought "hmmm... brad pitt and george clooney is mainstream and normal". we cried laughing and was constantly wtf-ed. that was my first cohen movie, and i do agree that the other films (that i have watched as least) is better. but to this date, no movie have ever made me burst into laughter like that one.
i'm curious what about it did not work. and saying its your least favorite cohen movie really should not garner downvotes imo. they have so many great films and have tendency to sort of lean on their own tropes as well as take risks to try and push themselves, so it is fine when it does not always stick.
the last line in burn after reading really sums it up for me. for what it’s worth, i liked it, but it’s definitely not even close to what i think of when i think coen brothers. agreed on buster scruggs though. didn’t feel like coen brother, didn’t feel like a film, didn’t satisfy in any way. your top five?
burn after reading brad pitt death scene won a award most unexpected death olivia
first off, it’s another masterpiece, i never gave it rank, because the cohen brothers are not capable of lesser artistry. second off, your weird fucking attitude is weird.
what their top five?
i did. i did not see "save video"
yeah, and newbies can experience how 2013 bitcoiners feel by just zooming out of their chart to 2013.
don't know why you are being down voted. a yearly low in 2021 of 20k would be fantastic after yearly lows of 4k, 3500, 3200 the past 3 years. people are greedy as fuck, we're trying to make btc an adopted currency, we're not trading stocks.
that’s a great strategy. if you review previous cycles ...then you may notice that btc has never gone below the ath of the previous cycle. just some food for thought.
im curious to see if we have a few that tread water longer with all the new pos coins that we have. i can see some of those just sittting aroudn the same(ish) amount.
i think its pretty clear this was price manipulation. get thru this and new highs are a near certainty. price always needs corrections before rocketing higher
yeah it seems you don’t understand what bitcoin is. and if you don’t understand bitcoin than you don’t understand any other crypto. investors will always stick with bitcoin because it is the safest, most secure coin out there. these other cryptos might be faster and more efficient but just know that significantly increases security risk. we know this is the case because many cryptos have had their blockchain hacked. you forget bitcoin is still in early phases and all of these other cryptos don’t even actually know how blockchain was created. if you’re a real long time investor, than you look for coins that will be around 3-5 years from. bitcoin will 100% be one of the top coins 5 years from now.
i agree. it has no intrinsic value - the recent china news is pretty huge too. the chinese tend to be generally more open and optimistic to adopting new technologies. i think bitcoin is also going through an identity crisis - it is not a currency (yet), and is not a reliable hedge against inflation.
keep accumulating maybe one day you can reach my level 🤣🤣🤣. probably not.
your profile pic is my tattoo. not relevant but was excited
i was in this position when i was in college. in 2010. i had a miner running for a few days. got 0 blocks.
don't forget blockfi fuckup
as long as everyone else doesn’t try that maybe 😅
if you wanna feel even worse look at it now
nah, you should look at it now
1.44mb worth of money.
value not data. kind of like gold.
wyckoff strategy is currently playing off inside the market, thats most legit answer i found for this dip. elon is just a mask for this thisaster
looks like the spider's not working but yes they would have been.
no landfill stuff, but i remember mining close to 50 btc. i was an 7th grader back then, and i liked to lurk on internet forums. i did not intend to throw it or anything, but i ended up formatting my computer and losing my data. but i did not know that btc would one day be so much.
i have a friend who mined back then. he is still hodling everything but he never intends to do anything with it as he is a communist punk anarchist or whatever. lives in an empty building with homeless dudes. no idea how much he has but couple millions easily.
new account, same old shit.
existing causes pollution, humans gonna be cancelled next
not really. if it does not use a shit ton of energy it is not bitcoin. unless you want the bitcoin devs to invent working cold fusion reactors. in which case yes, that would solve the problem.
elon will be announcing the solution shortly
the first two stories are terrific, but "meal ticket" was so grim i wish i'd never seen it.
the gold prospector one
to start, the thing i like most about the cohens is their story telling and their characters . i forget the guys name, but he was an escaped convict in ...where art you? and played scruggs. he did a great job in the brother movie, but i did not understand the choice for him to be scruggs. the cohens can legitimately cast anyone in the world and they went with him. dont know that it is his fault, but the movie did not seem to have the complexity and nuance that the cohens are known for. plus it was cut into shorts, shorts that did not have any cohesion or connection. a lot of it seemed rushed. like they were focusing on some other project and scruggs exists only because it was the last picture in a 5 picture deal. read: i'm not saying that is the case, but it felt like the focus was directed at making sure the toast did not burn, the dog did not jump the fence and tangle with the neighbors 5 year old and it was 12. in spite of the misstep they remain the best writing, directing and producing team in hollywood.
1. the big lebowski 2. no country for old men 3. blood simple 4. miller's crossing 5. o brother where art thou?(cuz i could not pick five) love your user name, btw
lovely, the one i do not have.
honestly, it’s not even good. coen brothers are literally some of the best filmmakers of all time. but it was a complete miss.
barton fink fargo the man who wasn’t there miller’s crossing the big lebowski
o brother, where art thou? is probably the most famous, and my personal favorite is the ladykillers. v fargo is also very famous, and buster scruggs, while apparently siskel and fucking ebert up in here don’t like it none, i think it’s a well put together anthology of mini westerns, which appeals to me personally.
when you hit the share button you can copy the video link and paste it on redditsave.com. there you can download the video.
did you do this from your phone?
cause people here want lambo and want it now, no worries. thankfully bitcoin does not respond to their whims.
would be interested to see what the 2020 low would have been without the initial covid crash
yes, but the ccp despise anything they don’t have direct control over. they hate the very concept of decentralization.
do you seriously think anyone looks at you positively after this comment?
hell yeah brother. life's a trip lol
solo mining was possible that time
> other games you can play that offer better risk-reward ratio like what? anything involving depreciating, censorable fiat, and mandatory third-party custodians is automatically high risk, even before looking at any potential reward.
hey look it went up a bit :)
i cant tell if this is a joke
may you please get him familiar with the concept of charity? wondering if it’s unethical to not use money for a good cause if one is not planning on using it themself. 🤔
>he never intends to do anything with it as he is a communist punk anarchist or whatever lol what. can he give me a few hundred thousand usd? will help me get funds for my master's degree.
>existing causes pollution taking this, i agree actually, but just to a certain degree. we surely cannot return to the stone age, but we are over budget and we cannot go on like this either. now, does bitcoin generate an acceptable amount in 1.absolute terms and 2.cost over return? probably yes, but a careful evaluation would be a good thing to make. this however is not the point of my comment, i just said that limiting bitcoin enviormental impact to the electricity consumed by asics when doing comparisons, expecially when referring to gold mining, is inaccurate at best.
it's kinda like saying a car engine cannot make more power if it is not a gas guzzler 50 years ago, there is absolutely no need for bitcoin to use a shit ton of energy on purpose. if it is on purpose, than the design is complete garbage and bound to be ditched for something better, that is the fate of all technological advancement. bitcoin is not a resource, it is a technology, and we all know what happens with technology that fails to evolve. no code or method is perfect, there is bound to be a lot of possible improvements in the bitcoin code.
i've seen this video. it does a good job of reminding you that the bullshit you read in mainstream media is inaccurate. but it also cherry picks a lot of facts in favor of bitcoin. the truth is somewhere in between.
wink wink *rubs hands together like merchant*
it's depressing as fuck
hey, that is my favorite one too, how cool, really made me want to travel out west. the oregon trail where the indians attack the girl and old man also got me pretty good.
agreed, the baddie is basically a dragon. hoarding gold, blowing cigar smoke out his nose. it was excellent.
i think the gold prospector one had a uplifting ending.
same. definitely my favorite one. spoiler: >!probably partly also because it is kinda the only one with a happy ending but ye... !< the oregon trail kinda one was also really good imo.
made an account to say: tom waits i love his appearances in film. i'd dare to say as good if not better as an actor than in his dayjob.
the coens are pretty well renowned for writing parts with actors in mind, and usually actors they have worked with before. they do it fairly often.
interesting. we’re fairly different, but i can see where you’re coming from. i’m pretty loose with the ordering of mine. 1. barton fink 2. fargo 3. the man who wasn’t there (crazy underappreciated) 4. miller’s crossing 5. the big lebowski shit, you’re a brautigan fan too? talk now that’s a tale of some real underappreciation.
holy shit til all the best movies are by the same dudes
scruggs and burn are interesting choices for bottom two. the great thing about the coens is that people can make a case for just about any of their films being their best, but ladykillers is almost universally ranked last by a huge margin. second last is usually hudsucker, cruelty, or davis (which is liked by a lot, but definitely the odd man out when it comes to what i think of as a coen film).
i loved fargo and have recently became obsessed trying to find a similar movie to watch, but i could not. blood simple was good, but i did not love it. would love to get a tip about it.
oof…i consider netflix the original, and i refuse to use any of the other platforms. i’m really just ready to go back to ripping my files as desired.
no country for old men
yeah. i've downloaded it already though. used an online tool.
i dont care. i have more than 1 coin 🪙🤣🤣🤣🤣
lol right? sure maybe the lottery i can throw . but let me know where these other gambles are
well, okay, only 1.38mb worth of money once you account for all the bad sectors.
he's a crazy conspiracy theorist too so probably thinks all the charities are funding child trafficking or whatever.
but the issue is it is a better technology. e.g. say you had two types of car, they both use large amounts of energy but one is a far, far better car. the only problem there is you have this obsolete car that is been superseded but is still hanging around wasting energy. its not the better cars issue is it. that's the situation we find ourselves in with these financial systems. and the onus needs to be flipped into scrutinising the older model.
bitcoin sacrifices a lot to be secure. and secure it is. in order to be secure it must use a fuckload of energy. once you start rejigging things it is not bitcoin anymore. hence the solution lies in clean, renewable energy, not in changing bitcoin. considering how much energy everything else wastes, i think that is a reasonable focus to have. even if bitcoin is shut down the net effect on saving ourselves from destroying the planet is negligible. any argument otherwise is falsified or delusional.
really? i found it rather uplifting and very funny, other than liam neesen segment in the middle. it helps to understand the coen pov, perhaps, which is that to rage against the unfairness of the universe is ridiculous (and those that do are usually punished by the forces of nature), and you should just make the best of your time here on earth. granted the middle segment does not fit this as closely, but it does emphasize the shortness and unfairness of existence.
agree with you and will add: a lot of the great writer. especially the prolific ones...
agree with you and will add: a lot of the great writer, especially the prolific ones...
agree and will add: a lot of the great writer, especially the prolific ones...
yes, a lot of the great writer, especially the prolific ones...
when i was 4, my mom got us a poodle and his name was brautigan. didn't mean anything at the time, but i eventually did some reading (he does not have a lot of work, i think i've read all our most of his published stuff) and realized that was the type of american outlaw that i cannot resist.
you owe it to yourself to watch the rest of their stuff. other than ladykillers, it is all good to masterpiece level.
the fargo tv series. i believed it is produced by the cohens. but it is fantastic and it jive well with the movie. and try miller's crossing if you have not seen it. it did not get the attendion it deserves.
okay then, just immediately indicates what kind of person you are. good luck
i mean he’s a millionaire off of “fake internet money”, i’d say crazy is working out for him.
ahh i see. well even after seeing this "first time" meme a few times i have not watched this movie. but you've peaked my interest.
allow me to shill some fuxking 🐩🐩🐩🐩🐩🐩🐩🐩🐩🐩 hoodl your poodl zzz🤒😭😭🥳
thanks! i have not watched either
richer than you for you for sure hahahaha
"a serious man" is in my top 3 coen films, and easily sits in my all time top 20, maybe top 10. after having watched their films over the previous 25 or so years it was asm that really unlocked the thematic thread that connects all their work. some people have (unfairly, imo) called their outlook nihilism (which they winked at in lebowski), but as an atheist, i find their stories to be really humanistic and inspiring. their heroes score very low key victories, which i find a nice break from the improbably big wins that most feel good fare provides, or the go-nowhere navel gazing that dominates most indy. they fully recognize the absurdity of existence, yet at the same time celebrate it.
this was the only movie that i've ever seen that i wanted to rewatch the moment it ended. i do not know why, but it spoke to me on a level no other movie ever had.
each vignette is a commentary in death. great movie, most of the people who do not like it are uncomfortable with the fatalistic messaging most of the stories have.
man, it’s not looking good for you. bragging on a public forum about owning a reasonable amount of crypto, opening yourself up to scams. and all of that just to impress someone who, for all you know, has more than you. or whatever else your reasons are for your responses. to me, putting this much effort into trying to prove you’re a rich boy because you have a little more crypto than the average person is just kinda pathetic.
wow. well worded my dude
i realised that a serious man was my favourite coen film, even though i was unsure about the film as i left the cinema, when i started to notice that after watching any other coen brothers film, i felt a strong urge to rewatch a serious man. it's such a great film. and everytime i finish watching a serious man, i get an urge to rewatch inside llewyn davis. i rarely watch one of these two without watching the other within a day.
have you listened to the small beans podcast? i think you’d enjoy their dive into the coen brothers work. if you liked cracked back in the day, it has michael swaim and abe epperson as the hosts for that particular mini series.
hehe the "nowehere navel gazing' is a great way to put it. i have sat through too many of those "indy' films that just suck
i have 2m dollars worth of crypto and i'm not selling. come at me losers crying over less than 1 coin lmao.
thanks, i'll check it out. and although i know what you mean by "back in the day", i'm old enough to think that means back when cracked (along with crazy) was the also-ran competitor to mad magazine.
i’d rather stay poor than act like some chowder head who was raised by maids. how insecure must you be to boast on the internet? don’t you have real friends to talk down to or homeless people to spit on?
lol, good luck with the scammers man! 😂
literally no one who has that much money brags about it online to strangers lol
i am telling you that i have lost a million and i am not selling. what s wrong with that you big pussy? insecure? i am holding my coins lmao. insecure is the bunch of pussies selling their 0.4 coin cus of a correction.
i'm not afraid. this is why i prefer the wsb crowd. they are about making money and bragging about it. the crypto communities are full of paper hand pussies. i'm holding since 2017
i just did did not i lmao
paper hand pussies? and here i was thinking you were trying to call people idiots for holding. nonetheless, bragging is dumb especially online. it’s just indicative of having nobody else to share your thoughts with.
i share with people so that they buy and hold hahah. again this is why wsb is a better community
well, i didn’t think it would happen but i very much agree with that. never sell, brother
i'm over 10x my investment at current price levels. i dont have a sell button
that's reversed, right? right?!
here’s the thing about bitcoin—-> it likes to do the opposite of what everyone wants... so, now that it’s broke below the 200ma it’s best to just walk away and forget your about holding until the next time you hear some random person talking about it again... unless you’re a trader…
these get rich posts make bitcoin seems like such a scam lol ffs
thank you for the confirmation bias!
thats the best reversed gif i have ever seen
there was a time i could make money trading one coin for another when one dipped. now they all move the exact same way at the exact same time. it sucks how a decentralized system is now so heavily manipulated. doesn't change the fact that btc will be 100k by december but it still sucks.
cant wait for it to go to 500k so i can buy some and watch go back downto 5k - buy high sell low club
i’m confused? is this sub still for bitcoin? or a sub to create fud? the comments here are really something else
physics do not seem to apply here, the wind is going the wrong way. i like it.
the zoom out is gold strategy.
10-15k dip coming before...
fact is nobody knows what bitcoin will do. it can go to 10k or 100k. it can even go back to €1. if i knew i was rich now.
this is the mood we need
um. does anyone have the original video?
i only have 20$
i keep wanting to buy but i got a feeling we are not done the dip yet.
bitcoin is going to sky rocket so high trrw prob to like
it's still up if you go and compare with last year
the fud in the comment section is strange.
with a normal trend analysis that would rather put btc on 10k than 100k.
haha you're kidding yourself
that's a lot of wood.
it’s a comforting thought.
this chart is brilliant... i’m ditching tradingview…
i'm still amazed at the skateboard guy...
tony hawk is bitcoin?
how far i need to zoom out
its really unpredictable... its becoming really hard to read the crypto graphs... all these news makes it even more worse
dude, take your 3 month old account and research. zooming out does nothing. read daily candles
ummm i’m zoomed out and still doubting, so what’s the next step?
let me just make it clear... even zooming out does not make it better with this price drop.
stop dreaming. protect yourself.
old but gold ( buy when blood 🩸on street sell when people dance on street ) but we hold in both diamonds 💎hand
nope. btc was overvalued.
this is the hopium i didn’t know i needed
funny meme but there is truth in it. probably is people still want to get rich soon. realistic that is not going to happen. buy coins wait 10 years and you have a high chance of having a nice profit. these daily traders are all high on cocaine and they trade as cocaine users.
glad to be part of this strong community. hodl. together.
huffing that good glue, i see.
the rise to go that far will take so much time in life
so all of a sudden after years of bitcoins existence we have a bunch of people who think they will all get rich by investing in bitcoin...waiting for the next spike think that spike is gone
if i'm not wrong in 2017, before the final moon, it did exactly the same thing...
well satoshi did consider each scenario except the rise of social media and how it will be used by rich to manipulate and seed fear in the minds of the weak making it 'centralized' in a way. time to cull social media. thats the only solution i see or unless some regulatory agency steps in.
do not be wrapped up in a hopeless ponzi scheme your whole life. this will go up, it will go down. financial institutions are sure to be taking profits however and wherever they can. consider other prospects to place your money in or you’ll always hand them exactly what they want. have some damn dignity and confidence in yourself to create your wealth.
can someone link me to the original video sans text?
it probably would not happen for 3-4 years but ok xd. i feel like this sub is moving with the same energy as pyramid schemes
keep telling yourselves that.
what kind of 'store of value' loses 50% of its value in a month?
sell in may go away. do opposites of heard. this summer is going to be a good accumulation phaze. end of year maybe early 2022 is going to be sweet. than we should see a steady six figure bitcoin. year of the bull.
coins that cannot be used it worthless. elon musk stabbed investors in the back refusing to accept bitcoin playing along with china who basically want to enslave everyone on the planet. and people worship elon. more fool them.
not any time soon bro. strong support for btc is 8k so wait for the crash nothing happened yet.
i just more on sale. thanks weak hands
it’s not the meme we want. it’s the meme we need.
people who sold it when it hit 60k are the smart fellas. and people who are still holding are the fart smellas. xd
i fucking see it, buy the dip now
yes, if you zoom out you'll see that pretty much every time we top out, there is an extended bear market with a 70% drop, and the process repeats itself, only each time the bottom gets higher and higher. if you cannot stomach a 50% drop for over a year at a time, you should not be in bitcoin.
change the 500k to 500 bucks haha
imo it depends on the drop. a 80% crash...we might never recover. i mean i’ll still be holding but it could be catastrophic if it dips 80%+ from the high.
total 3 month retrace.
bitcoin is not going to 100k. the only reason it went as high as . now that bitfinex have to undertake quarterly audits (money printer shut down) bitcoin will only go down. edit: looks like i'm getting downvoted for stating a simple fact lmao
how do you download vids from reddit on your phone?
looks like elon musk 😂
i hope you're right cause i keep buying that dip
im praying for this or i’m f…
zoomed out to march 2020. no doubt we will get there.
don't worry, btc is a program which learns by falling.
that's the most beautiful i've ever seen in a while!
when i zoom out, i see a huge head and shoulders pattern forming.
that would be awesome! i'm not in a hurry ;)
can someone explain how this was recorded? im confused. looks real
this guy has steel balls
you forgot to put 10k in there
what are you 12 ?
never have expected such deep dip during a bull run period...everyone got caught off guard. it’s only been less than six months since bitcoin hit new ath. i still don’t think this time the bull is over yet
sorry, but what song was it?
you mean zone out?
i keep notifications of low buy limit orders being filled and i am thinking "what is happening?!" and then i thought of this scene from hancock [ i cannot make memes.
if you rewind the last few weeks you get a similar effect. a meteoric 100% increase to 64k.
five bucks or 500k... no in between.
conspiracy: everyone’s selling crypto before the gme moass
all manias end up badly.
you’re sooooo growth mindset 💅🏽
you cannot be comforted by zooming out. the only thing you can see is that the run started at 10k and there is much room to drop.
exactly! i remember a time when i thought ’d wait for the price to drop.
it prolly gonna hit the 20s before mooning
that kid is fresh af.
and how come you can predict that?
guys it very well may shoot up to 70k. this could be a big pump and dump opportunity
what song is this?
bitcoin will drop till .
cryto seems like blackhole in terms of losing your wealth now. but it has capacity to erupt like a super volcano. so, hold your breaths and wait.
good advice! i've set a new personal record of not obsessivelly checking the price. i am the master of my domain.
what tune is this? i hear it all the time in clips but do not know the title.
what is this song!!!!
yeah. i wish. but hey give it 5 more years and we'll see 150k surely.
33k now, time to buy back :p
ignore the bitcoin, that’s some nice skate park!
or you could have sold at 58k and bought back in at 30k.
it will definitely happen but probably at the time of the president elect after joe biden 😂🤣
btc to hit 11k by eoy or i do a coffee enema
what kind of ta is this?
hope you all filled your bags, deleted shit heads form twitter and ready for the next run
good advice, just close your apps and wait a year
which track is that??
still optimistic for btc in general. but zooming out still looks scary atm.
psh. what a poser!
i love it and i wish!!
people are running scared like this is the end and it’s only just beginning!
great! yeah man, every 4 years! çao
what's the name of the song?
god i hope so
bitcoin 1 year chart also looks just like an elliot wave (with a double top, or giant m on top ifya wanna look at it that way). for the pattern to complete, we got one more moonshot followed by a potential horrendous dump that will put this one to shame. time will tell... i first noticed this formation in its beginning stages and was honestly surprised to see it play out so perfectly (so far)
25mil and holding!! 👐
here’s my two cents. crypto is supposed to replace the current currency such as dollars, yen or euros. instead crypto is bring treated like a stock investment. buy and hold… the dollar stays fairly stable over time with some inflation issues but people see it coming. with crypto there are these massive price swings plus to use crypto you have to pay various fees. perhaps in the future crypto will stabilize but i don’t see it happening anytime soon.
lol they put a 55k retest in there.
if you thought was good at ,000 ask yourself why you are not buying now?
inject this in my veins
i zoomed out on my phone, but didnt help, still red. i need more instructions
la comunidad del paguertrading.com , no cree en patinetos
is that market cap in millions?
funny thing is the people who took there takings there arse will be hit by there countries tax 🤣🤣 hold not a lose if you still have the the coins
well i mean if there’s only 21m btc made once every bitcoin is bought, theoretically 1 will be worth 21m at some point
please don’t downvote me but isn’t bitcoin kind of an old technology now? maybe it should die and make room for the new ones. are they planning on updating it to make it faster? smart contract? a cute dog mascot? anything? i’m just curious...
all in! time to buy when people sell time to sell when people buy
tether is a ponzi that operates like the federal reserve printing unlimited stable coins used to purchase cryptos sending their market value to the moon. now its reversing! until tether ponzi is unwound there will be massive downside pressure on cryptos including bitcoin! careful out there! got silver
🤔 i think it’s more like 64k, 50k, 45k, 40k, 35k, falls of skateboard and paralyses himself. thanks bit coin yay 😁
bitcoin fluctuating from high to low then low to high and doing that kind stuff very fastly
is this a wrong address? still hoping i get an answers...
it is not possible it is still going down i loss 700rs from 1000rs invested i just only have 300rs that is all going down
if i went to see a financial planner and he said his market thesis was to hold on for dear life i’d laugh my ass off and leave. the problem isn’t the eventual price. the problem is that you can’t copy the money so it’s going to crash as soon as we’s time to start spending the money. unless there are people out there who don’t need a tesla and a bigger house.
imo, btc will not stabilize until the shit fuckery with gme has finished. i do not think what is happening is explainable by elon or china. that wyckoff thistribution match up? that's corporate pulling the rug out and liquidating their coin to get cash. you do not sell? you do not lose. buy the dips and hodl! but this ride is going lower and would not truly stabilize to continue higher until the banks and hedgies run out of their coins. this is just my opinion.
fuck you damn hodlers you dont gotta worry about getting liquidated
nope, that is not really what's happening is it?
yeah maybe when we done the current bear market
nah, bitcoin literally defies gravity.
yeah unless physics has taken a day off, that has to be reversed
physicists hate him, see how he defies the laws of nature with this one simple trick
this is the way. right way
nah if it is reversed then why did he have no momentum at the start
until the next bear market it is
this... its so funny... every time some news comes anything, the market does not give a shit. then silence for 6-12 months and its like the market picking the quietest period to explode. feels like someone just picking the best time where the least amount of people would expect it.
one 85% drawdown is enough for one lifetime. protect your ridiculous gains and be ready to load up for the next run. could be a few months, could be a few years.
but it is not doing that today is it? and people are losing money, so why the fud?
so you’re saying buy some more now to reduce average and forget about it?
>here's the thing about bitcoin—-> it likes to do the opposite of what everyone wants... so, now that it’s broke below the 200ma it’s best to just walk away and forget your about holding until the next wait i do not understand, if bitcoin will take off the next time, even if it is years from now, why should not i keep buying and holding?
bitcoin does not give a fūck about our 200ma. the usd is not even a proper unit of measure anymore.
memes are a part of the btc culture. it is what it is.
imagine if the us dollars value was meme based.
it’s the septic overflow from wsb, tbh.
where's the original. this is amazing ramp business!
exactly. i thought crypto was suppose to be somewhat immune to market manipulation , but we see how it isn’t. in the end the rich get richer and the retail investor gets screwed
don't put a time frame on it and you will be happier. in 2018 we thought btc would hit ,000 in 6 months. it took 3 years but it came. i wish i had more faith then. it will hit ,000 but that could be at the end of the year or it could be 2025.
yeah, i have noticed that, however, even if it is being manipulated like crazy would not that mean you would still be making money in the end? it is very unfortunate though!
people are starting to lose composure.
it’s a bunch of new people who have only joined after the last bear market, and they don’t realize this is actually normal for bitcoin. i remember my first bear market.
i’m starting to get concerned retail just doesn’t have the money left to move btc at these prices.
it’s called not being a fanatic and being realistic. btc is hurt.
people are starting to see the truth
there is not much liquidity in the market, mostly likely there are no new investors coming in and those who bought are probably in a net loss. now people are starting to lose hope, the next step will be people to start selling at loss...
while there is no real ceiling, i would wager there is a floor, since a lot of it is locked up and not going anywhere.
if only i held em when i had some a few years ago.
it's certainly different than any previous bull run fud. i've never seen so many comments trying to get people to dump their coins, but also institutions weren't really so prominent in the space either. it reminds me of how silvers spot price was suppressed for years, and now the premium for physical is up to 20% or more. conspiracy if you will but tptb would not be making it easy to get out their inflation spiral. wiith so few coins on exchanges it makes it easy for them to push the spot price down. all analytics point to a net outflow of coins from exchanges since the beginning of the run, last couple of days a huge spike of coin outflows. half of what was available at the beginning of the run is now no longer available on exchanges. people are moving large amounts of coins out and are loading up big time.
there is no fud. we are in a bear market, whether you like it or not. the hopium creates this bubble of retardation where people believe that bitcoin will magically go to 100-200k by eoy, where realistically, it would be about 1. there is nothing wrong with that, as it will recover, but the mental gymnasts claiming that there is still a bull market should finally quit.
did your trend analysis predict the 60k ?
a nonlinear univariate model maybe
so you are going to deny that btc was giving 200% (on average) yearly return last 10+ years?
there's a ton of fud in the market right now and that is what's causing all these price drops, but time in the market > timing the market always. i can almost guarantee if the people holding right now are willing to be patient they will see fat returns at some point, but it could be a few months or it could be a few years.
i think it will come but it has to shake everyone out first. imo btc will be under 10k before it is over 100k. and i'm guessing it will go from 10k to 100k in a matter of days due to something big like a country adopting it as reserve currency. no one who is not a believer will have time to buy in and be able to ride it up.
but if everyone thinks that it seems reasonable that the price will indeed go up. still the number one law, supply and demand, rule the market.
this is exactly what i thought when bitcoin dropped from 19k to 4k, this was after bitcoin entered the mainstream and was being reported on so that everyone could see. and then it rose fork 4k to 65k. there is no end point you can guess.
if we're talking about september 2017, it looks like the price dropped 26.5% from 4.9k to 3.6k before heading back up. but if you look at today, the price went from 58k to now 33k, that is a 43% drop. that's quite a substantial difference, so i wouldn't be so quick to equate those. either way, consider this a buying opportunity and be patient, and eventually you'll see returns whether that is a couple of months or a couple of years from now.
sample size of one 😂😂😂😂😂
true, true ... decentralized democratizes👏🏽 and the established powers will pull all tricks, incl social media manipulation- too bad a vast majority is not critical thinking educated - so easy to manipulate ... do yes pow is the way the future!
some serious delusion here wow.
let them believe. they’ll learn the hard way. there are no get rich quick schemes in life that work reliably.
the kind that goes from 3k to 65k in a year.
the kind that recovers and goes +500% after a few years.
the decentralised kind. it’s still in its infancy and as it gets further adopted it will be significantly more stable.
you cannot expect an asset to appreciate in value by over 20x and not expect some kind of fall. in 2013 we went down ~74% in the middle of a bull run and still continued up ~1600% in the months after that. last market cycle we routinely had -40% drops to the 20 week moving average on our way to the 2017 ath. we had no tests of any kind in the past 6 months. of course it is going to drop like a rock the first moment there is a sell off. -50% is not even that much considering.
what? we've droppen 80% from ath multiple times
why lmao are you bag holding? i am as well but i knew the risks when i bought
you sound like 2017
> looks like i'm getting downvoted for stating a simple fact lmao no, you're getting downvoted for being a conspiracy theorist troll who claims that bitcoin "will only go down" that's the dumbest shit i've ever heard. as if there are not corporations buying billions in bitcoin. nope. it's all fucking tether. that's the only thing. you're dumb, or you're being malicious and trying to cause panic. either way, get fucked.
shitcoins are scams and off topic.
search for "reddit video downloader" on the app store
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you’re an idiot if you think selling and paying 20% tax is worse than holding and losing 50% of value
>funny thing is**,** the people who took ~~there~~ **their** takings**(?)** ~~there~~ **their** arse will be hit by ~~there~~ **their** ~~countries~~ **country's** tax**.** 🤣🤣 ~~hold~~**hold****.** ~~not~~**not** a ~~lose~~ **loss** if you still have ~~the~~ the coins**.** see me after class.
it's a theory. there is also the theory that one could be worth 1 dollar therefore 21m x = 21m. no one really knows but it is definitely boomed bc of the pandemic and it is cooling off now. but i believe it will be worth more in the future.
smart contracts? the things that are costing over a few grand now? try again bud. the idea of gas is idiocracy
if you take on more risk that is what can happen 🤷‍♂️
oh good. was starting to doubt it is integrity
one can say there is a strong inverse correlation to btc's performance and the meme quality in this sub. hodl tight fam we got this
not gravity, just logic. it's why d makes everyone here so uncomfortable (and this sub enough so to sensor the word).
~~doesnt work on videos~~ til
because he just rolled up a hill
the best time to buy any crypto is when people temporarily lose interest in crypto
its right on track to do that again too lol. bitcoin is pretty entertaining.
great point. i keep forgetting that the crypto industry is still virgin and only's had 1 crash in its entire history. although a huge one like you've pointed out. i think there is gonna be a real opportunities to finally jump into a few interesting projects if that indeed ends happening again.
comments like that are great indicators of the markets current state… thanks for reinforcing my point...
well there is also the comedy factor. the meme is funny and upvotes makes people feel good thus people post funny and get upvoted.
i would not be. the wealthier us bitcoiners become the more powerful and influential we become. this is how we'll change the rules. i will die on this hill.
nah, i used to think this too but realised true bitcoiners, as in, those interested in seeing the tech flourish as the currency it initially set out to be, to not support centralised authorative finance and allow for censorship-free transactions simply migrated to the lightning subreddits amongst other communities. they remind of this subreddit years ago.
just enjoy the meme
it would be amazing of it worked as a currency and we could get away from the dollar. imagine buying and holding a mostly stable bitcoin, and exchanging it for goods and services while it maintains and possible grows in value. the roller coaster that it is right now makes it too volitile to be effective as a currency
to me it is a meme
usd is criminal, and terrorism based.
it's completely meme based. and if you're not laughing, the cia will explain it to you.
pshh tell that to bitconnect that guy was legit due to how loud he could scream.
+1 this what is the original dude looks like he is shooting for heaven
no one has ever said crypto is immune to manipulation. bitcoin's price history is full of manipulation. most popular altcoins are entirely manipulation.
manipulation? you mean a tweet? only the weak fall for that. 🤷🏿‍♂️
nothing is guaranteed, but bitcoin has always recovered and gone to all time highs every time it dropped. even when we dropped 85% we recovered. although bitcoin isn’t good for every day transactions currently (unless you used a 2nd layer solution), it’s an amazing way to send large amounts of money across the world, without needing a 3rd party and waiting days for it to happen. bitcoin has 12 years of history, showing that it will always recover. is it possible it won’t this time? anything is possible, but if i was a betting man, i’d still bet it’ll recover eventually, and hit even higher all time highs. we will see though
i think it will because billionaires will still need to get around banking regulations. from what i understand it's cheaper and faster to transfer a million or billion dollars with bitcoin than to go through a bank. it's how the rich give the finger to the banks, and the government.
it's the narrative. it's going back to march 2020 much faster it got to 65k
we are at the same point where there was a large dip last time. its right on track, and itll dip again too before the peak.
all the diamond hands too busy buying to waste time here
good time to buy then.
this is not a bear market, this is central banks looking for an entry point. it is not an accident all this “fud” is hitting all at once.
very normal. i was actually sort of missing those 20% drops. volatility makes for great entry points.
retail are . any time you see "i bought the dip", if it is not a meme, it is somebody spent
it doesn’t. it’s why a lot of these crazy price projections are insane. at this point the institutions and billionaires are gonna have to drive the price up. the crypto market reportedly lost about a trillion dollars in value during that crash on wednesday. and assuming the estimates of around 100 million crypto users that’s 10k per person to get back to where we were just at.
what’s the truth? let’s hear it
the entire crypto market is probably a hundred billion in liquid cash put in. very small market hence easily manipulated.
"hold my beer" - the fed
it’s not a conspiracy. this is what panic looks like.
yeah, and now that silver has a 20% premium, the same people who are doing crypto pump and dumps and wallstreetbets stuff- are buying billboards telling people to buy silver. everything has to be so scummy.
i don’t think people are trying to get people to dump their coins but they’re trying to be more release oc about price projections. people love just throwing around 100k or 500k as projections like that’s a conservative target
you cannot tell a bull or bear market until looking back at the data. not while it is happening. it just does not work that way.
> we are in a bear market this is the densest thing i've heard. are you looking at a 7 day chart? this recent crash forms a bart simpson in the all time chart. that's a bullish accumulation signal.
> we are in a bear market define a bear market.
i'm not denying that. but if all these people who are new to crypto think that it is a get-rich-quick-scheme - it is not. bitcoin is not all of a sudden going to jump to 100k so that all these people can become rich so easily. not so fast, not so easy.
that expression is about productive assets, which bitcoin is not.
a country adopting it as reserve currency. seriously? do you have any idea what a reserve currency is?
> imo btc will be under 10k before it is over 100k. wow. let's bet on that.
and then back down to 3k
sounds like a terrible store of value.
and bitcoin already died multiple times, did not you know? it would be even deader, almost deadest.
how many s&p500 companies have bought bitcoin? the 'institutions' argument is just a cope. why would a corporation invest in a (useless) asset that crashes by over 50% every couple of years? also, the tether problem is not a conspiracy theory. they are literally creating tether out of thin air.
water is actually not wet. it only makes other materials. wetness is the ability of a liquid to adhere to the surface of a solid. so if you say something is wet we mean the liquid is sticking to the surface of the object.
but it looks to me he rides both forward and backward, so at some point, he would be going backwards
'haha they wont get the taxes atleast haha'
you cannot both hold and lose 50% of value. value is only lost once you sell
yeah well in the long run it is because that loss is temporary i promise that once btc bounces back i'm coming back to this thread only to laugh at this comment
to late for the holders and the ones that are with there gains there be back
knew someone would twig lol
make so much more sense now lol
that’s the smartest thing i’ve read here in a while. no need to think you can perfectly time some dip. there will be plenty of time to buy, with no media attention for bitcoin. just need to remember that plan and stick to it
i think people never have been more interested
if you've been in this space for longer than a few months, then you should have gains in the hundreds of percent at peak. unless you were leveraged to the tits.
wtf are you talking about? crypto has tanked as many times as its surged. this is like the 7th time the market has imploded.
1. there's no crypto industry. it's bitcoin only and its mining is the industry. 2. there have been several major crashes. 3. as long as people accept your fiat for their sats you're early. 4. stack sats and be humble.
ape together strong! i am on this hill with you.
me too friend. but i'd rather get high on this hill
hmmm, i'm suspect of these "true bitcoiners". are you guys really so passionate about a currency? or just want to be rich? surely all of this decentralization talk and taking power away from "the man" is all smoke and mirrors to push the price higher so you can benefit. i mean out of all of the things in the universe to be passionate about, you've chosen a currency? haha
a bloody meme yeah
that's a nice tune, name of song please?
as soon as something looks like a quick rich scheme everyone jumps on it and the opportunity is gone. most people won’t be able to become millionaires through bitcoin. forget about it.
yeah actually there was still a lot of hope in this space. we had seen a reversal in december. btc went down and then skyrocketed back up. but then some people kept believing it may go past . i still remember it since it gave me hope that my bags would go back up too back then. but now we know it entered a bear market.
but is it always guaranteed to bounce back? have these previous bounced not been driven by hype for the masses of people who just want to make money and had never heard of btc
how is it amazing for international transactions when it’s so volatile? what happens if you make a typo? there’s a reason international wire is slow and it’s consumer protection.
the rich don’t need bitcoin for that. switzerland, the cayman islands etc exist. imagine transferring a billion dollars and losing 30 percent value before you can pull it back out. no sane person will take that risk.
what happens when banking regulations catch up with btc?
if things where this predictable options traders would make billions. the real world doesn’t follow your made up patterns.
you’re correct. diamond handing since 2017 and i’m over here buying because people don’t see the obvious here lmao
of course, usually fud hits in waves for specific purpose. and i don’t think we are in a bear market either, but let’s be honest, we don’t know for sure. it’s possible we enter a bear market now, and it’s possible we don’t. tbh i wouldn’t mind a bear market, as that’s where fortunes are made dirt cheap coins
i stack sats 100,000 at a time xd
it's both. immoral people take advantage of the panic by having bots spread additional fear, uncertainty, and doubt.
tbh physical silver may have some value going forward. people have been saying to buy bitcoin since it was less than 1$. maybe some people are actually trying to help others. but you can only lead a horse to water.
but they conjoined triangles of success indicator is slowly fading each new dip!
when i take out my crayons and do my technical analysis and draw fibonacci circles around the candlesticks. i too see the bullish sign
“this is the densest thing i’ve read all day”...so hold my coat while i outdo it with some nonsense about a bart simpson pattern.
> bart simpson you cannot make this shit up. hahahahaha
bruh what the fuck i don’t want to read this kind of shit makes me think humans are all doomed
isn't that the place where they go to buy a fish?
bear market when the price consistently makes lower lows and lower highs.
bear market is a market where all the people get slaughtered by bears who decide the market is now theirs. everything is red with the blood of losses.
i was wrong with saying we are in one, i should have said we might be entering one.
> bitcoin is not all of a sudden going to jump to 100k so that all these people can become rich so easily. > > not so fast, not so easy. 3x is not going to make anyone rich overnight, unless they were already most of the way there and put a lot on the line.
ok, got your point now. 🤝
i see some people claiming that btc will go well past 100k this cycle, they’re absolutely ludicrous.
i agree, i think a lot of people are in for a reality check. to be fair i do see a lot of the ogs (across all investing subs) constantly telling people not to get in too deep and to manage their expectations. we’ve made the market into a meme in the most basic sense of the term; it seems to be a fad to a lot of people. the idea of investing and waiting is not a key principle for these people. that’s why i think the mlm. as for crypto long term i don’t think it’s gone yet but rather going through a much needed albeit forced transformation. we shall see.
it’s a currency used for international transactions primarily right? i see no reason btc could not be adopted as a reserve currency.
nope. that has never happened 'redditor for 4 weeks'. bitcoin has never fallen below a previous all-time-high.
so how is their first quarterly audit going to go, in your head, if it is all bullshit?
> why would a corporation invest in a (useless) asset that crashes by over 50% every couple of years? volatility does not change the fact that it is the best performing asset in human history.
he's going backwards in the beginning
nope, you have to be a complete moron to value stuff in bitcoin. fiat is what is actually used in day to day life. therefore the value has gone down 50%. btw i’m hodling, just pointing out.
buy back in when it’s 50% down then? you guys are all trying to come up with ways that make the situation sound better than it is to make yourselves feel better about what’s actually happening haha
absolutely shocking sentence you just put together, literally haven’t got a clue what you mean 😂
the bottom is here.
and then you sell it when it’s getting pumped by the media and social media. so you can buy more of it in the next crash
besides when it was 3 months ago. these things happen. the beauty is that they happen over and over again and if you have enough money to live till then you're chillin. if you're stupid and yolo'd this months rent a month ago... it is not as pretty.
found the next “oh man i should have never sold my crypto” story for a few years from now lol
this is just false. a lot of people are losing interest and will continue to lose interest. most the new crypto investors in the last 6 months are losing money and crypto scams are becoming common. it’s gonna take them a while to be ready to invest more in crypto
wish i knew. it’s way too early still imho but it would be smart to start keeping track of a few.
i like ada. i do 80.
me too. in the last 2.5 years of collecting i have never sold or traded out of btc. time in the market is better than timing the market and all. aint selling till i can get a house.
it's not just a currency though, is it? and i can only really speak for myself in the below context, but i suspect there are those who will agree. it's much more than that, a protocol. do you think many of the engineers that worked on the internet just wanted to be rich? they did not, they saw potential for huge change in the world - and it worked. if i just wanted to get rich, i wouldn't have bought pizza, groceries and a new phone with bitcoin. it still gives me a tingle every time. i mean, you read the bitcoin whitepaper and it proposes something somewhat radically different from what we've had, and years later you realise: \- you have a secure, immutable, settlement layer that happened to enabled an appreciating asset and allow for the safe, irrevocable storage of that same asset. \- you have a growing network (lightning) that is able to scale and performs thousands of thousands of micro-txs a day. \- you have the foundation of yet another application (rgb) that allows for something akin to open source banking, will strengthen and allow for true accountability within the validity of the documentation that runs the world economy. and suddenly you start piecing these (many, more than i outlined) things together and you find yourself at the cusp of a decentralised financial system, that is not only (no longer) a daydreaming eventuality but right within our grasp, and with something to show for it. and it is true, there is a certain animosity towards contemporaneous authoritative systems - and not without reason.the cogs and wheels that have brought the latest fashion of capitalism to this day have rusted, its initial own premise no longer holds as true as it once did, and becomes less interesting, does less for some and more for others.in the latter decades we've seen people become homeless, people die, and people lose their life's savings(and you only live once, right?) because those in power have mismanaged - and when the time comes they get bailed out instead of facing judgement like every single other person. it's no wonder that this animosity was literally etched into the genesis block of bitcoin, because bitcoin is not just some currency - it is the proposal that maths and cryptography, bound, are more trustworthy of being the backbone of a financial system allowing equal opportunity so long as another human does not stand in its way - one of the initial premises of capitalism revamped if you will - and what i mean by this is think of the millions that would potentially be better off this day if on that one fated day their banking transaction had not been blocked for one reason or another. when people say its a peaceful revolution, it is not just some teenager hormone-led movement, it is actually taking the time to piece this tech together and come to the factual conclusion of "wow, there is actually something here" - just like there was with the internet. people take the internet for granted and its hard to believe that just a few decades ago it was not around as we know it - that's how big a transformation it was. but the patterns are the exact same, the teamwork beyond borders is exactly the same, and i for one cannot wait for bitcoin to have a wiki page titled "bitcoin protocol suite" - much akin to the tcp"internet protocol suite" page - not that that would validate it, but the enablement and accessibility brought about by the internet translated into the financial and economic sector - it's something else.
not for large items like cars and houses
considering there is a limited supply, i agree, most people would not be able to become millionaires. that being said, it was never a get rich scheme, people were hodling for years before the current "gold rush".
nothing is ever guaranteed to bounce back, no matter what it is. and yes, a lot of it is hype to make money (just like any investment), but it’s also the fact that the space is gaining more adoption year over year. we can only speculate using the past as our foundation, and in that scenario we will recover and go much higher, we just don’t know if it’s next week, next month, or a few years from now
i dont buy the transactional use case quite frankly, certainly not as it exists today, although that may change. that being said we are still using a very new tech. my thoughts would be that by the time it gets used in that way (any crypto) you wouldnt even really realize youre using crypto to move the funds. in the background it would take care of the transaction into crypto and line up a buyer on the other end at whatever price in whatever currency you are looking for to take out.
and yet, here we are.
i think that will happen eventually, most money is already just numbers in a computer at a bank, but by then people will have gamed the system for fuck tons of money. for now it is the wild west out there. if you know what you're doing, and have the capital to manipulate a market, it is probably like stealing candy from an anonymous decentralized baby. but i say that with all of the training in finance an american school can produce, fuck all.
they are lol, smart money is indeed making billions. they are just following what the market shows them until it shows them something different. its all just human psychology which is predictable.
i’m so happy where i am sitting. it will be over . book it
yes. people who stamp "wallstreet silver" onto silver bars and advertise by putting up billboards telling people to buy silver... they are totally being altruistic. how could i have missed it.
you do not need any drawing tools to see a chart pattern like bart simpson.
lol, it was literally used in a bloomberg headline last year.
> you cannot make this shit up right, and i did not.
>makes me think humans are all doomed you call bitcoin a ponzi but think gme is going to make you rich. you are part of why humans are doomed, not my comment.
no, you buy bears in bear market
what candles? and how long is consistently?
yeah that is not a definition. what you've described is completely subjective.
fair enough, i'm not even thisagreeing with you. i'm wanting to know what your definition of a bear market *is*.
the 2017 ath took 3 years to return to.
nope, it is not a currency used for international transactions. and even if, bitcoin is not suitable for international transactions, mainly because: 1) too volatile 2) it does not accrue interest, as opposed to treasuries in usd 3) oh in case you did not notice, nobody accepts it as a form of payment, let alone "international transactions", whatever that means.
because china could wipe out at least 25% of its value in a day if it wanted to.
corporations do not want to hold volatile assets... which is why they are not buying bitcoin, and why they never will.
whether or not someone uses bitcoin to value things, i was just pointing out that your initial statement is incorrect. if you hold your position and do not sell, the value does not change as you have not exchanged it for anything else. value comes from the act of exchanging one thing for another. however 1 bitcoin is still 1 bitcoin. its only once you sell your bitcoin for dollars that your loss is realised. if bitcoin was directly exchanged for gold or for another commodity then the loss would not be 50% like it is if you exchange it for dollars. its not long before people are going to be saying the opposite to you as valuing stuff in dollars will be equally moronic to valuing things in bitcoin. a third of all dollars have been printed by the fed this year, with no end to the printing in sight. exchanging a limited scarcity asset for unlimited scarcity fiat because youre worried about a short term loss is far more moronic than valuing stuff in bitcoin
you sound like someone that is getting no lambo
imagine putting your money into meme coins every paycheck rather than tax advantaged accounts like ira or 401k
why sell btc ever? in my opinion, the move with btc is never sell it and borrow against it for liquidity on a defi platform. keep value off of fiat bank's books as much as possible.
so will amazon stock prices forever go up? will tsla stock prices bounce back up and go even higher looking at the graphs they all go down and back up higher.
that’s the big thing. adoption... utility... usage... bitcoin’t going anywhere anytime soon... power to the ppl!!
it’s an unregulated space filled with grifters and criminals. i wouldn’t put my retirement assets anywhere near something that volatile and risky.
yeah we just had a 40 percent drop in a week because someone sent a tweet. and who’s to say when it will recover if ever. enjoy!
i believe that also. at least
actually, if you follow the graphs we're looking straight 500k this year. i sold my house and car as well as loaned as much cash as i can no matter the interest rate to buy bitcoin.
bitcoin isn’t going 200k this run or next man. it’s a pipe dream. we topped out this time pre 70k lol. i sold when the pi cycle hit and will reinvest some if we go much lower. it does feel like crypto is a wounded animal generally now.
maybe because your a dipshit?
ah! so you took some bloomberg nonsense and repeated it? you think it’s somehow less nonsensical because you stole it from somewhere?
we’ll see how it pans out. i understand the financial markets and am investing where i know i can make the most for my money it’s not much yet as i am 20. i’m free to make my own judgements and so are you, but for anyone who will listen i’ll tell them the way i see things. gme is a ponzi scheme with evil rich people to foot the bill.
fuuuu... is it too late to buy more bears?
a longer period of decline in prices in any market paired up with or due to negative sentiment. what else?
dead simple... bull market is consistently higher lows (the bottom of each dip is higher than the previous) bear market is consistently lower highs, (the peak of each rise is lower than than the last).
ok i see. thanks for explaining but you don’t have to be sassy lol
on the other hand... in the past, countries dealed (with each other) in gold, so there is that. i'd assume, sending btc is easier than transporting gold? 1) for now, pricethiscovery still going on (and will, a while) 2) it does not have to. 3) "nobody" is just not true. there are a lot of companies already dealing in, which is (also) why we are where we are now - and this trend is going to continue in the future.
are you talking about usd there?
right, except for the fact that they are.
we’re diverging from the original point here. selling at 60k and buying in at 30k (and paying tax at 20%) is better than holding bitcoin from 60k to 30k and not paying any tax. end of.
i’m buying the dip don’t you worry :)
imagine being stupid enough to make assumptions about other people’s financial situations based on a single reddit post. i’m 31 and retiring in two years off of what i’ve put away over the last 10 barring some major downturn. i’m just buying lottery tickets at this point.
use hodlhodl. you can lend while holding your keys! adam back approved. and blockstream just bought a hedge fund so i would expect financial products and services.
the fundamentals of btc havent changed just the price, stocks of a company are a lot different than btc
exactly, so yes they will as long as the fundamentals stay strong. tesla and amazon will continue to go up, especially as paper currency is inflated
don’t put yourself in a tight spot with leverage. plenty of btc to accumulate without taking extra risk. see you at the top fren
lol this is a joke surely? btc will struggle to do 100k in years, let alone 500k in this bull cycle... sorry, bear cycle now!
says the guy who thinks wallstreet silver billboards are put up to try to help the people who see the billboard, instead of to help the people who have been buying silver for years and are trying to sell at inflated prices. maybe u is dipshit instead
i mean it is a term that’s used by many people to describe an occurrence in a market, and when it’s used everyone knows what exactly is being said. how is that nonsensical? genuine question.
bro. bart simpson pattern is a commonly accepted description of yield patterns. do you think "bear" and "bull" markets are reddit speak because it uses animals?
>i understand the financial markets and am investing where i know i can make the most for my money it’s not much yet as i am 20 lol, you think you understand financial markets and know that you can make money off of an already pumped pile of garbage like gme. and you call both gme and btc ponzis... you do not understand financial markets. you're a kid with a lot of learning to do.
nah, you are just in time
that's a description. i'm asking for a definition.
lol, did not mean to.
no, countries in the past did not deal with each other in gold, and no, they did not transport gold. in the past gold was used to back currency and settle balance of payments - as ledger entries offsetting each other, no gold was moved. 1) the meaning of price thiscovery is not what you mean 2) really? so who's the idiot who holds a reserve without getting accrued. of course, it must accrue interest. 3) yes, sure, if you want to buy your cuppa at starbucks maybe, no central bank nor government with a bit of sanity would do that. i like bitcoin and i am long, but you guys seem to be trusting too much those stupid youtubers, who are drawing a line on a chart they dont understand and they call it technical analysis. i have seen only 1 youtuber who knows what he is doing, all the other are just wannabes who benefit from your money. you must acknowledge the fact that cryptocurrencies hold their value because people believe so, if they stop believing, crypto is worth nothing. i digressed, no central bank will even remotely think to use it as reserve currency, just the idea is ridiculous.
dont you love it when people fud when the price drops, but they quickly go into euphoria when it goes back up?
in an ideal world, sure, but most people would not have sold at 60k, they would have sold below 40k, in which case it would have been better to hold than to sell and pay tax
that is the way \^\^
btc is a stock, the viability of btc will determine the price should it not? and so far it is proving to not be a really viable way of being used on a day to day use. we need to look to better coins to be the future.
tsla and good fundamentals do not go hand in hand, that company is grossly overvalued by every metric known to mankind
this kind of fud should not be accepted here, you obviously do not believe we're going to go back up otherwise you'd not advise against my stance.
the graphs goes up, it is been going up since it was worth nothing, eventually because of limited supply it will hit atleast 500k moving onto millions per coin.
who’s gonna buy bitcoin at 80k haha? nobody uses it still. adoption is light years away and the tech can’t even do it. 7 transactions a second?
because they are all nonsense...”it’s a bart simpson”. “it’s a classic beard pattern”, “it’s a vomiting camel”. it’s a load of shit is what it is, mate. nonsense trotted out by people trying to pretend they can predict the market based on shapes they see in graphs. around half the time they are right and half the time they are wrong...but that’s because the market doesn’t care about the pattern and goes up or down anyway. it’s up there with these people that see the face of jesus in their toast and see it as a sign they should change their life. it’s especially annoying when someone tries to use this bullshit in a response saying that the (perfectly feasible) idea of a reversal of the market is “the densest thing they’ve read all day”. yes, these terms create a picture in your head as to what the chart is doing...but they don’t give you any indication as to what comes next.
no. i think bear and bull are terms used to describe a trend which is consistent and ongoing. i think “bart simpson” is used to describe a pattern that resembles a cartoon character and offers zero insight as to the way the market is going to move next...and using it to thismiss the idea that the market has turned from bull to bear is nonsensical. as i’ve said elsewhere in this thread other similar examples of patterns that mean nothing exist. “vomiting camel” and “beard” stand out as examples of “i’ve no idea where this is going but i want to sound informed”
gme’s value is an unprecedented thing and you’d recognize that if you did understand the markets and you’d see the opportunity. i understand risk and i’m willing to take big ones that i think are smart while i’m young. you can continue to be a jackass with way to much pride for buying into a scheme where whoever buys in last before interest is gone is left footing the bill so you are taking their money congratulations. in reality you’ll lose most of it if you stay in, but it’s your money and your choice what you do with it.
this is literally the textbook definition of a bear market worded differently.
dude! learn something about history, at all...please! saying "countries did not deal in gold" will get you rightfully slapped in the face by your teacher. seriously. 1) of course it is, because it is a totaly new "thing", solved the ages old "byzantines generals problem", cuts out greedy middleman (banks, western union and so on) on a global scale who are scalping anyone that wants to transact any value... on a global scale, and is the first decentralized, secure, global competition to state-issued money. same thing happened to "informations" from the 90s to 2000s... when "the internet" evolved. also, same arguments were brought up by stupid idiots trying to defend their status quo. price thiscovery will go on for a while, it is wild west until it is not any more. same like with the internet, but 5-10 times faster. maybe you are very young and do not remember how fast the internet evolved in the last 20-25 years. 2) no, it does not have to, unless you borrow it to someone. bitcoin will not replace local, but it adds competition to it. complementary currency, might be the right term, for everyone getting fcked up by their corrupt and ever-printing more and thus heavyly inflating currency... and many more usecases, too. 3) who cares about them!? i own a globally accepted "thing", where i can choose to use it for any kind of business (from coffe to real estate), and i can ecen choose if i do a every day purchase of a starbucks coffee of 4.00001 (with lightningnetwork), or if i buy a 500.000-20(when mempool is full) fee... i do not care about guys drawing lines. only thing i needed to acknowledge - since 2015... is, that there are governments printing shitloads of dollars, while my favourite asset is global, decentraliced, scarce, digital, moveable (in seconds), antifragile, finite supply, hard to get, easy to move, pushing development further to using more renewable energy, ...and other fundamentals. since my best friend from cyprus almost killed himself, as he was expropriated by government (2013), i am very okay with any form of money that can not be taken away by a whim of a stupid or corrupt government,...especiall with all this covid fuckups, that caused more poverty and collateral damages, than it has "saved lives" by not getting infected (which is not ill in 99.something % of cases)
you're an idiot. and a downvoting coward.
bitcoin is not a stock
wtf? u need some basic financial world understanding ... btc is not a stock. crypto asset is what j powell over at the fed calls it. bitcoin is not viable but it holds its value due to pow and the finite supply makes it not prone to inflation. bitcoin has over ten years of viability.
i’m ok with selling the house and car, it’s your money. i wouldn’t take out a loan to buy btc.
just because a graph goes up in a short date range it doesn’t mean it goes up forever haha. that’s just bizarre logic. million dollar bitcoin requires a market cap that blasts away gold. bitcoin sees people leaving the market as it stands in a big way, plus it can’t do transactions fast enough for a tiny country let alone the world. i think you are setting yourself up for insane thisappointment. we’re fighting to hold 30k dude, crypto has been knocked back heavily as it struggles to rise to the new challenges. it’s pretty much a purely speculative money game. now institutions are involved it will be even worse as they intelligently rinse peoples cash and dump. it’s easy money for them.
ah, that makes sense. so it’s not so much that the term itself is nonsensical, but rather what people use the term to imply.
oh cool. do you have a link to the textbook?
wow, really? can you provide an example of countries dealing and settleing in gold in the past? 1. seriously man, this is just a collection of the worst youtube non-sense. you claim bitcoin cuts the greedy banks, but are in favor of central banks using it as currency reserve. genius! and btw, i do not know when you transfered bitcoin last time, but transaction costs are way higher than the "greedy banks". so much for cutting the middleman! 2. your answer shows that you have no idea what we are talking about and central banks accounting. 3. i really want to see you accepting bitcoin for selling your 500k house in a volatile period like last week. and the renewable energy thing is just the most extreme bs people have come up with to defend bitcoin. an explanation for gullible people who do not understand how power and power markets work.
if you're not using every avenue you can to buy btc you're denying that it is going to be successful, the returns on bitcoin are easily more than the interest on my £60,000 loan.
but it is done it before, which means it will do it forever
yep. if you look to the top of the thread, you’ve got someone sayin “i think the market has turned” followed by someone saying this is impossible and the guy must be dense for suggesting it...because the chart looks like bart simpson. in what world is the second response not more nonsensical than the first? and
please stop and go do something else. google is your friend.
so, countries hold gold reserves for nothing? are you sure about that?! did you even hear that the usa (stupidly, or for war reasons) were giving up their so called "gold standard" just recently (70ies, historically spoken)? 1) bitcoins 2nd layer, called the lightningnetwork is working like a charm for small everyday stuff, and you can transact globally, within seconds, 24, for fees like .000364741 (right now), or even below sometimes. looks like you have to do a lot of reading and homework to do, before going on with your hating towards something you have no clue about. 2. sure, i am my own bank, since 2013, for the most parts - except the taxes i have to pay. but even that might change, as i am looking forward to relocate to an area where taxes can already be paid in btc. 3. i am using bitcoin at least 3-5 times a week, mostly with lightningnetwork, but also onchain for bigger transfers. so why should be buying(500k€ is something like a normal price for a house and land where i live, btw) be of any problem, if the buyer?! do you even think this volatility will go on forever!? well, the "renewable thing" as you call it, is just plain economical logic, as miners always looking for the cheapest possible energy, which are, as you know, renewables. if you want to deny that, it is not even worth to thiscuss with you, before you did any of the basic homework and have any of the basic knowledge about this industry at all.
yeah, move the goalpost and keep downvoting. we're done.
the 25 bitcoins offered up to each of the four players were valued at about .25 total at the time (2011-ish) and at least one of them did not ever bothered claiming the award, yip.
i’m so glad we decided “bitcoins” was the appropriate style rather than “bitcoins”
the value of 25 bitcoin then would have had to be below . so this was when a bitcoin was worth maybe .
yeah but how much bitcoins were you able to buy with ?
this has to be older than 10 years. early 2012 btc was already around
to everyone who tries to tell me "stop curating the subreddit for quality! just let the voters decide!" take a look at this stupid screenshot of a tweet that has already been posted at least 50 times...
i literally would like to lose in this tournament
the guys who hosted this tournament joke about it from time to time.
the real challenge was to try to get 5th to 8th place, you gotta be good but not that good.
this is how you know it’s truly og the with the legit gangster spelling. if you see any cats on here in the comments and spell it “bitcoin” they’re most likely og.
there's the guy who spent a fuck ton of bitcoin on a single pizza to show you can, then there is these guys who got 25 of them and probably threw away the info because they are like wtf am i gonna do with these.
i remember this tournament, naniwa vs scarlett in the finals i believe. starcraft is awesome, still play it, chess on crack.
and the winner is...
sometimes that is how life is :)
the kid who won 4th place and just sat on the ...
i turned down a ebay sale a very long time ago for a product i sold for 5 bitcoins. never heard of them at that time and needed cash...yeah ooppss
i used to play starcraft was actually mad fun! i never got into crypto because of it though i would’ve been lucky enough to understand it then
i cannot help but to wonder what the game-matches in that tournament would actually look like if that same structure was applied today!
“hey, they could be worth something someday. ya never know.” *chuckles sarcastically*
play to be 5th 😂😂
bitcoins. i do not ever remember it being uppercased like that. also, has not bitcoin always been one of those singular? like, i have 1 bitcoin but my friend has 5 bitcoin?
to anyone saying they would rather the bitcoin i would rather the 500$... then go buy 300 bitcoins (at the time)
win the first place buy bitcoin
million dollar prize. legit.
"you threw the match? why???" "let's just say i got a premonition."
the last will be first.
damn son, i hope the ones who won 5th to 8th place hodl'd their bitcoins. they'd be immensely wealthy if they did.
i bet the playing strategy would be very interesting should the players know the value of btc then.
[ link to the tourney
so the recycled content is now being done in less than a year?
such a legendary tale
damn the simplicity of 2011
i won the 7th place, and i cannot stop crying
i would’ve finished 5th, 6th, 7th, and 8th. had me and 3 different people go back and do it again😆
purposely gets 5th place
in 2014 we teamed up with a cyber cafe to give away btc as prizes just so we could install our btc atms in there. we were too early in the game and no one gave a shit and robocoin tried to scam us... good times
a good friend of mine bought a pizza for 10 btc back in the day. another got paid a handful of bitcoin for a free-lance job and just paid no mind to it, has no clue where they would be. i think of them whenever i get upset that i sold all my crypto when it was at . i knew it would blow up again, i was just impatient.
dam it i wished i would have played in that contest.
my eye is twitching. 😂😂😂
how many more times will i see this exact post?
where are they now?
yeah loosing is not opposite to winning if you have 💎🙌🏻
that list is upside down
now the 1st place price of , and the 5th-8th place price is worth ,000,000 due to deflation.
one of them sold them for 1k. the others lost them
i came in 9th place
this competition is one that i recall. that starcraft competition was fantastic.
organizers of that tournament are probably super wealthy now. if they had 100 btc to give away to the losers of a tournament, they probably had quite a lot more that they kept.
lee sharpe is an amazing human being.
,000 value based btc value on 2 feb 22 at 01:08 a.m. crazy reminds me of that one time my good friend in ca called me over to his house at midnight one night to show me his computer screen. he said, "check this out. it's going to be the next big thing." i stared at a completely white screen (completely blank) except for a single elongated box in the center and said, "i do not get it".
you know it is real what capatilize b and c
man this time i'd like fail at this lol, this seems real good deal.
i took 9th place in that tournament.
i would just stay in 5th-8th place bruh hahaha.
some mediocre pro starcraft player is going to see this and think “oh yeah, hahaha…………… oh shit.” and then blow the dust off his dell inspiron laptop after he digs it out of his box from college and find his 25 bitcoin.
imagine the starcraft organizers👀 now 😭
i wonder who won that time.
i laugh in 2022🤣
crazy but i wouldn’t have claimed such prize then also.
good for me, i am always too bad and never win, it seems good so!
and now i have to save up my usdt for years to buy 1 btc
dang! i would sure fight for the 8th place
people in 5th to 8th place : *lost successfully*
would have sucked to come in 4th place. like if you had just been a little bit worse you could have banked 950k
i would laugh if the record holder for esports earnings was not infact some kid playing [basic moba] but some old timer who won lots of old btc prize poils and never sold.
i bet he found a way to stop laughing.
man i wish i got 8th place
i wud love to be in 8th place ... not interested in 1st or 2nd place
that's a lot of money for being the "loser". hahaha!
ok, but how do you “plan” to come in in 5-8th place in starcraft?
what a lucky guy is the guy at the 8th place.
i’m sure there’s was a bunch of promising stocks that didn’t make it as well from 2011 so nothing ever for certain
most of the people who have held btc for so many years are those who lost their keys to access their funds, like the guy in england trying to find his old computer in a landfill.
if we only knew ...
that’s almost ’s low price 🤣
😂😂😂 is legendary. thats like the guy who paid 200ish 😂😂😂
that’s like giving a bunch of atom today. justin wait 10 years…
*narrator* and at this point, he knew... *he would fucked up*
tbf if you claimed it, you probably lost it in the mount whatever hacking
i bet he regrets that now lol, he must hate his life at this time.
nearly a million dollars now...ouch! but i also remember buying it at -12 per coin back then, there just was no idea from most users what kind of growth there could be. it was all very theoretical.
he should try claiming it today, see what happens.
they'd have either sold long ago or had them stolen. if i'd won them i'd probably have sold once they were valued at .
stupid not to claim it. if you sold it, you’d still have 41,25 $
yeah lol, that looks like something that is not credible enough.
whenever it was dude, i wanna go back in time back this much.
a hell lot of em
303 bitcoin if the top comments price is right about 25 btc being worth 41.25 edit: about 11.6 million dollars at todays price.
dozens, maybe over 100.
a lot of them, i cannot even fathom the number. i'd have a lambo.
i found the post, he made it last year so would've been 2011 that the post is referring to
yeah it is from the 2010, and they totalled at 41 dollars all.
btc hit , recovering from it is crash from
didn’t matter! they would rather get the & .
it is the eternal september but also without noobs being brought in on an old joke (and i hear you, it is kinda frustrating having to hear the same joke over and over, again and again) the barrier for entry for new arrivals would be prohibitively higher and then how would any forums get fresh blood? they are the ones who keep the stream flowing and push new ideas through in pursuit of quality, you would create the dead sea effect, a stagnant water pond where same elite group of people regurgitate well established, best-practice biases ovar and ovar, egein and egein we went to kindergarten but new kids did not so we should not ban kindergartens just because we find them boring and simplistic they are interesting and complex to a fresh batch of kids who might produce... idk the next richard feynman of btc op is always popular because new arrivals always find it provocative to think in longer timeline terms. it frames that perspective well (something which seems like a consolation prize of an inconsequential tournament in a sport which is no longer around could be worth millions on a 10y time scale - pretty insightful to a first-timer if you ask me)
i like to see these time to time. and remember how unlucky i am.
or you could win and convert the fiat to even more btc. bitcoin was in some ways harder to buy back then and in some ways easier cause kyc was not a thing
not back then, since bitcoin was worth peanuts.
i lose the game
lol, back then no one knew what bitcoin would do so doubt.
lol, he must have good time now. teasing all the btc winners.
"try your best to win slightly less than half, and one day time will tell! when you're the one that is laying there, you probably did not reach the final bell! you're the average-est! around! slightly more than half the people will keep you down! you're the average-est! aroooooound! yeaaaaaaaaaaaaaaaaaah!!"
lol, do not be a winner in life lol. sometimes losing is more rewarding.
alex moran life goals.
og? bitcoin was never a correct spelling so anyone who ever typed "bitcoin" is decidedly *not* og, they are just wrong. and just an fyi to anyone who needs to know, bitcoin is the network but bitcoin is the token. you do not own 4 bitcoin, you own 4 bitcoin.
and i've got respect for those og people. a lot of respect.
> spent a fuck ton of bitcoin on **a single pizza** are you referring to somebody who is not laszlo (a guy who spent money - 10000 btc - on **two pizzas**)?
does anyone know what became of that bitcoin?
lol, in hindsight both must feel bad for what they have done tbh.
so who got the btc?
you remember this? that's even more crazy lol, you're old dude.
life is pain, and this is the max pain in the hindsight lol.
that's the thing, most people wouldn't have understood btc.
no one would try to kill other players. they would manage to kill themselves first.
flip it up side down and reduce those 25 btc in fractions.
would you have kept them safe till now? i do not think so lol.
gotta be the last one lol, cannot be the winers in some game.
yeah. "bitcoins" hits the ear wrong. it's like when people say "porns" instead of "porn"
people did not take bitcoin seriously back then so doubt.
no one would have spent their precious 500 dollars on btc back then.
why does everything looks so painful in the hindsight? fucking brutal.
and that too for essentially losing lol, does not get better than this.
no way, you think?
imagine if they all travel back in time and fight for the fifth spot yeah i think they would just win whatever and buy btc from the money
only if they had a time machine to see the future, no one would have won.
i'd tell these kinda tales to my kids. they'll cherish these i'm sure.
life was simpler back then, no one cared about the number go up.
doesn't get more brutal then this. it must kill the guy from inside.
don't worry btc is still cheap, mine fiat and buy couple of coins.
only if we knew the future of btc, but sadly no one knew or anticipated.
i'm a loser and i like to lose. that's my favourite thing to do.
good times when people did not care about the number go up.
gimme those finest bitcoins, which are not kyced at all.
if everyone knew what would have happened, no one would have sold.
i'd give anything to play a contest like that now. anything they ask.
untill you regret enough that you did not buy back then.
a post about lily allen turning down thousands of bitcoin to perform a concert is usually not far behind.
if they held to those bitcoins, they must be chilling somewhere.
not computer, just an old hard drive (much smaller to find)
this is beyond brutal lol, this is torture at this time almost.
why does it sound so gross lol, do better my guy next time.
lol, so you think atoms will reach the point of btc in future?
not really, it’s like saying everyone fucked up by not buying 41 dollars of btc in 2011 before you say it “every one did fuck up!!!”
lol, he fucked up hard that is for sure. can't be more wrong than this.
magic the gathering failure turned currency shil. what could go wrong?
how would they lose it in an exchange hack if they held it themselves?
lol, and they are gone again. can't be found ever again.
magic the gathering mount
i think back to the pizza shops that allowed you to use it.
yea in retrospect it everything seems like a huge mistake. but honestly it’s kinda like not winning the lottery and then saying damn i could’ve been a millionaire it i only picked the right numbers.
and it was all nerdy, no one cared about being a millionaire.
it is still fairly theoretical. the question is just one of degrees.
i do not think they will give him the btc, instead will give him 41 dollars.
totally spelt like its internet magic money or something
lol probably more than enough. more than you'll never need.
who's the real loser now lol, people who came last are the winners.
yep, that is the right timeline for it. it is gotta be around the 2011.
5th-8th .25 hungary zerg sziky germany zerg kolll poland zerg hejek united states protoss jumper apparently jumper is back playing broodwar after a 10 year haitus.
that sounds about right, i remember buying it around 8 to 12 bucks a pop...oh to have a time machine lol. i was spending millions of dollars on cannabis and shrooms without one thought to a decade later.
damn you guys are old lol, i wish i was that old back then.
exactly they would have cashed out immediately so it does not matter.
dead sea effect, interesting, i did not know that phenomenon had a name. i agree with a lot of what you're saying, but i've written before that reddit is designed to elevate this sort of low-quality, unintelligent, repetitive content. basically there are more dumb people than smart people, so dumb content is elevated more frequently than smart content.
yeah but you wouldn't do that if you won
but you wouldnt have, because you didnt buy back then either. the people who got bitcoin came out on top. if i got first id likely blow the . but if you i got the btc, i would consider the . only to clean it out years later to find i'm rich.
that's a mega brain move lol, i like you my guy. i like you.
but you wouldnt have, because you didnt buy back then either. the people who got bitcoin came out on top. if i got first id likely blow the . but if i won the btc, i would consider the . only to clean it out years later to find i'm rich.
my friends used to talk about it as if you needed a tor browser, had to make a purchase and make a bank deposite in person at a bank to some sketchy account you didnt know anything about so it was all anonymous etc. wish i had gotten on the band wagon with that 100 buckos i asked one of them to buy of bitcoin for me, but it turns out, as per my saved messages, i would have sold for a .
and now people would give anything to buy without kyced bitcoin.
even then probably be fun to get into crypto and trading for free with no prior knowledge maybe build a fun hobby out of losing a tournament
it was literally worth peanuts. can fucking believe this shit.
yeah…og. you’re obviously not familiar with bitcoin in general if you’re calling it a token 🤦🏻‍♂️ and you clearly aren’t familiar with how things were in the beginning either, so i’m not sure why you’re arguing about the spelling. from 2009-2011 it was “bitcoin”. lol is your username supposed to be an oxymoron or something?
> bitcoin was never a correct spelling you are proving that you weren't there.
someone sounds angry that they are not an og
yep that is exactly he is referring to, the real ogs of the bitcoin.
the story i heard was not so extreme so probably. way i heard it was a guy spent maybe 11 on a pizza. 10,000 on 2, heck. hope whoever got those kept them.
we call them the lost coins, that is what became of that coin.
i think naniwa? not certain.
it would be a reaction time test. whoever types "gg" and exits first loses
lol, that is the extreme of it sounds like. but you're right tho.
some did but maybe not the ones that played that game
yeah if they knew the price of bitcoin then why not dude?
i'd carry money from now to back in time to buy the bitcoins.
lol me too :d
it absolutely does lol, idk where these people come from.
it is not equivalent. i didn’t buy btcs in 2011 but i would have kept it if i was gifted btc. the latter is easier.
haha, i missed bitcoin.
lol true, and i fucked it up the most dude. i'm a fucking loser.
i remember at the time telling my wife we should invest in bitcoin and her response was "we are not wasting shit in that" it was a few years later i realized i should not listen to my wife on a lot of topics and just do what i want, she did not like that which is why she is now an ex.
thank you kind ser.
>mtgox. never forget. crazy to think that the original owner is now worth (co-founder) stellar.
i'm never forgetting that fiasco lol, that is fucking legendary.
> never forget. never forget what?
did mt gox even allow bitcoin transfers outside of their exchange? (or were they like paypal? i.e. no btc withdrawals allowed) if you did have the ability to withdraw your btc, you would still have your bitcoin today if you immediately transferred the bitcoin you bought from their exchange into your own offline wallet, right?
yeah what could go wrong? nothing can go wrong i'm sure.
wait... how are those two things correlated?
that sounds legit to me, i'm sure that is how things really work.
that's the exact reason why some people call that hack a theft.
or silk road 1
some shops allowed it, they were visionary and they are enjoying their own pizza
i’ve seen the guy from florida pizza story where he paid someone online like 100 btc to buy a pizza and have it delivered to him. i don’t remember seeing pizza shops that accepted crypto
hmm, except the odds were much better. more like holding a winning lottery ticket and then throwing it out.
buying bitcoin before coinbase was kind of a nightmare. not only did you have to engage in the services of.weird euro money transmitting services but you then had to use like paper wallets and shit to manage your holdings.bbitcoin and the services around it were very immature
nope, i did not. thanks for the painful reminder lol.
i would have if there was a good way to. back then it was mt. gox or giving someone a paypal payment on a forum.
i was too dumb and was thinking its all scam at .
i always come last. you have to make sure your partner is satisfied, it’s the polite thing to do.
zerg that big of a name among nerds huh
i wish i had a time machine, i would staight go to 2010 and buy some.
do you still hold any of them ?
you were not. the bitcoins you spent were at the value you spent them at and not a penny more.
i was told to buy some at , looked into it, gave up downloading the wallet after 18 hours waiting, thought "nah, nothing will come of it, you cannot even spend it anywhere" tbh if i had bought some at "i'm a genius and have doubled my money"
yep no chance that people would do that, not enough confidence in btc.
and now in hindsight, that must be the most painful thing ever.
lol, we get it dude. we got this in the first time. no need for thr 2nd time.
lol, not blaming you dude. that's what most people did back then.
easiest way was to buy amazon gift cards and trade them for btc.
probably just wouldn't have bothered, sold at 8$, lost the key or lost it in an exchange hack...
lol, the losing could not have been more rewarding than this.
i-is that a trust fund?
this sounds better than just a meow tbh. i'd take the pussy instead lol.
sounds like something a noob would say 😛. maybe users were saying that back then, but the creator did not, and you would not find anything from the bitcoin white papers to confirm what you said. i know i was on this very website talking about "bitcoin" by 2012. bitcoin had very little adoption those first couple years, so i wouldn't take any nomenclature seriously. it's like people calling the internet the "world wide web". yes...but no lol.
> from 2009-2011 it was “bitcoin”. who? who used bitcoin? it certainly was never satoshi. it was not the majority on the old bitcointalk forums. find me one instance of satoshi capitalizing it bitcoin, or find me more than handful of users calling it bitcoin, and you might have a leg to stand on. example, the opening post of the bitcointalk forum posted by satoshi going back to the end of 2009: searching that page returns 396 matches to bitcoin. 108 of those are "bitcoin" and 281 are "bitcoin" with 5 "bitcoin." there are two instances of "bitcoin" but they are both usernames: bitcoindream and bitcoinnutjob. you'll find a smattering of bitcoin here and there, but you are posting as if it was the standard or correct way of capitalization "back in the day" when it was certainly not the standard and was more just an aberration.
woah, where did this come from?
lmao, some people think that they know everything and do not need to know more.
kinda sad that people go to those levels, like you're going.
i believe and i may be mistaken, someone working at the pizza place paid in fiat for him and accepted the btc in return
lol, yeah. if they would have kept them they would be rolling.
and if you knew the winning lottery ticket numbers, would you play them too?
>but i would have kept it if i was gifted btc. no you wouldn't have. you would have sold at one of the many "insane bubble" highs. cashed out with .
maybe you would maybe you wouldn’t. the point is that bitcoin was very much a novelty then so most people would view it as valueless outside of the few who saw it’s value a decade before most.
it wouldn't even have been a question of getting keeping it, but more like, *"wtf am i suppose to do with this?"*
knowing me, if i was gifted btc, i would have checked it out. google, what is btc. and my dive into the rabbit hole would have started many years earlier...
i mined a few around 2011-2013 not even sure exactly when or where i dumped the pc long lost anyway i reckon as i get older i will develop into a full scale hoarder due to the trauma caused by that and as btc price goes up so do the trauma levels
i do not think anyone would have kept, they would have cashed out.
oh i never made that connection. oof
yep and he premined all of those coins lol...and then suckers bought them lol lol and maybe he was stealing from gox at the same time...hes basically like the scummiest of the scum when it comes to humans
lmao, not gonna lie you guys are really good with your jokes.
i honestly do not even remember how i got my coins out. i know i had to western union shit to them to purchase. i want to say i sent to another exchange and they allowed that at one point.
> did mt gox even allow bitcoin transfers outside of their exchange? they absolutely did. my first coins withdrawn from mt gox, back when they were accepting liberty reserve as a deposit method, lol. the problems came later, when there were massive delays when requesting a withdrawal.
mtgox = magic the gathering online exchange
this is how i know i’ve been around way longer than most here.
it was theft the same way robbing a bank is theft, but your money can’t get stolen in a bank heist if your moneys not in the bank.
or sold it when it hit .25 and bought shitty weed with the .25 in sweet profit
it was 10,000 btc...most expensive pizza ever.
you username says otherwise
atleast you're being honest here, some would have lied here.
mtgox, btc-e, tradehill, britcoin all exchanges, used em all, as good or better than they are today.
yea that was my barrier to entry. i still remember sitting my office trying to figure out how to buy 1btc for . i gave up due to hoops i had to jump through. gah…
lol, the pain intensifies with every moment we go in the future.
not only you, but most of the people did think of btc like this.
i just did not see the appeal, and just thought that it is another thing like webmoney but with virtual unstable currency.
the format is: country of origin - race played in game - name starcraft has 3 races terran
what if in ten years from now, you'd think "i wish i had a time machine to go back to 2022 and buy some." global adoption still pretty much in the cards. if anything, bitcoin's survival is now much more safe and assured than it was ten years ago.
people from that time spent it all on the drugs. all of it.
huh? i only commented once on this post
many people from that era abandoned the bitcoin like this.
lol you and the other weenie arguing over this is the biggest waste of time. i didn’t write history, i don’t understand your guys’ ego. that’s awesome you were there in 2012. because i literally said above from 2009-2011 it was “bitcoin”. that’s the way it was. don’t get upset about it and just move on🤦🏻‍♂️
all things aside, respect for you dude. guys like you made btc possible.
how dare you go back and look at the actual record.
yep someone order the pizza for him and accepted the btc for that.
“congrats. here is how you access your coins, we just left them in this place called mtgox for you.”
or they used it as intended, buying blowjobs.
i hate when people are like, 'you're so stoopid for not hodling ur btc from 2013-2015 (or whenever)". i hear it every single time btc is on a decent run since i sold most of my btc in early 2017. however, when i told all of my family and friends to buy btc in 2015, you know how many bought any? none, zero. those same people want to call you stupid for not holding... not my story but let us say a 18-21 year old kid with ,500 in his account did buy ,000 worth of btc way back when nobody had a clue what was actually going to happen and it goes up just 10x in a relatively short amount of time. now he still relatively cash poor, but has . he cannot afford to lose that in his head. %-25% down. do you know how you would feel if you were realtively cash poor but you just woke up to find out you lost .5k overnight when you're already still cash poor? you know how hard it is to hold long term when all of your net worth is in an asset that is constantly moving 25% up or down every other week? it is a fucking roller coaster of emotion. 90%+ of people that bought under . especially when you consider the 80% drops that we have had in between then and now. if anyone was, "gifted" 25 btc back when it was worth , you probably would have lost access to it by now. that's just the reality.
exactly dude, holding is hard not everyone can do that.
not many good sources of information back then. the bitcoin talk forum was full of very technical people. if you did not have one of those inclinations you would have probably found it a bit sketchy. google did not show up much besides very basic "peer to peer cash" descriptions. i remember trying to understand proof of work for a paper i wrote, and it took so much search, reading and actually asking people (i know, right?)
it's easy to say now lol, i'm sure you would have thismissed it.
honestly that would be the perfect cover up. he steals from mt. gox, but knows he can’t keep doing it, so he sells the company to that french guy, who later gets arrested and is blamed for everything.
>never forget. never forget what?
i have always wondered what that was an acronym for.
lol, i did not know that. and now i know it. feel like enlightened.
people in early days really used to care now they do not do that.
> byu > >😂 i was around during that time... and i 100% did not know that mtgox stood for magic the gathering online exchange. i guess i was not nerdy enough even though i can remember the first day that bitcoin was mined. i was listening to a podcast at the time.
there should be a world record for most expensive high
he was not always bitcoinermax...
that's the thing, people back then did not care about the number.
most people were unable to see bitcoin for what it really was.
gotta be great for guys named zerg then
lol get rekt hater lol, this is the best kinda response.
lol, and you can claim your reward. easily with the lawsuit.
that's what meth is for.
or designer drugs from russia, where my c99 gang atttt
that's a fair use case lol, that use case is fine with me.
mount cox. never fergit.
>never forget what? never forget what what?
it was originally an magic the gathering site that later changed to be a bitcoin exchange. that is how new and nerdy btc was
i am sure lots of bitcoin got smoked up over the years
before becoming bitcoinermax he was usdermax
that's the journey that mot people go through before coming to btc
buy the meth with bitcoin
and you know what that is what i liked about it, now it is all about numbers.
they should make nfts of those moments.
it was before his... transformation...
proof of work, segwit, taproot, are still technological marvels and keep improving and expanding the capacities of the blockchain. the understanding we have today about the game theory keeping bitcoin afloat is miles ahead of back then. also the blocksize war, the altcoin craze, the changing narratives, the adopting entities, the electricity debate etc, this is all super fascinating stuff. bitcoin's pretty much alive and evolving, it is not more or less "just numbers" than it was back then
or that’s me in 2025 trying to tell my 2021 self not to sell bitcoin
2032 will come, prepare for it now.
this movie is so memeable
if i bought btc in 2010 i'd 100% have been one of those guys that did something stupid like bought a pizza with 17btc or whatever it was only useful in silk road at the time right?
as someone who bought bitcoin in 2010, you need to go to 2016 when you definitely sold your last coins for ’ll get on this.
me screaming at my 2013 self not to spend it all on drugs on silkroad.
don't get drunk and mess around with your bitcoin wallet!
i did that, went back in time while using a tesseract, complicated stuff, and pushed a table around the room, trying to write "buy bitcoin". but old me already had bitcoin in 2014 and sold 2 for € 400 each to buy a brandnew table from ikea for € 800,-- that is why you should not mess with time.
friend told me about it around 2010. they were like hey you can “mine” it on your computer at home when you’re not using it. i was like ohhhh cool then what, i unplug my desktop and lug it to the store with me and plug it in at the register and pay for my shit?… whatever. cool quirky thing that ain’t going anywhere.
this is what i feel when people who have bought bitcoin at the 2017 top sell for x2.5 gains and think it is a smart move. so it is not about buying at say 10 usd ten years ago. it's about not selling when the price is at 25 usd! it's called hodl.
honestly, everyday i remind myself " man, imagine if you bought \*succesful coin\* in xxxx and just hodled, i would've been filthy rich by now " it is so stupid to keep thinking about it, you cannot change the past.
i remember refusing to sell an 8th to a friend for btc in 2012.
if you went back in time you could wank your past self off and it wouldnt be wiered.
future me telling past self to stop buying video games and buy bitcoin...
2010 was fun, was easy enough to get 0.1 from faucets and gamble up to 1 btc on satoshi dice.
2012: i bought 20 bitcoin. 2019: i sold everything because "this shit am not going anywhere"... 2020: got back in around . 2021: sold everything at 'm a fucking ape. 2021: got back in at . not selling.
if you did succeed...do you think you still keep it? 😅
i knew about bitcoin back then. i thought it was just a dumb fad and the bubble would burst.
at the time buying it was not very easy. you'd have better time just mining it on your cpu in 2010.
i have this dream monthly
fantasizing about what if you bought bitcoin in 2010 is terrible for your mental health 🏥
that is me telling trying to tell my 2016 self not to sell those bitcoins...
for real man. matter of fact, i was staring at bitcoin at . i thought it was a great idea, you know internet money but i never thought it would reach these levels in price. i still bought, not at 600 a piece obviously but man, if that isn’t me yelling at myself.
you should act now.
haven’t laughed so hard in awhile lol thank you for this
if you make it to 2010 , can you please call me and tell me to buy too?
is bitcoin a scam? is it really worth the risk?
hilarious 😂 and one of my favorite movies
even if you bought back then... you would have lost your coins, spent them or sold a looong time ago...
man i'll never forget hearing about how you mined it. i was like well i have a decent pc (gtx 760) maybe i can mine some why not. but i just never did it. not to say i would have held until :)
this is inaccurate i would be sitting on my chair shouting racial slurs in a mw2 lobby
story of my life
my two favorite things.
i kept buying on bitfinex last 2 years it was the right decision
one of my favourite movie scenes ever
this is about each of us.
i bought stupid things back then! doing dca and hodl now. no regrets!
dec 2017 when it dropped to 7,000
it's kinda sad. back in around 2014 i almost purchased one. had just completed my high school and came to know about it. and i really wanted to buy one but did not had any money. so i was planning to asked my father so i can get one. but i did not. and i still fucking regret it.
in 2015 looked into buying some bitcoin for fun, then i was like nahhh too much work... kick myself everyday for it.
mee hahaha but i only spend my tether on bitcoin in 2020
i still have the “official bitcoin thread” from niketalk circa 2011ish bookmarked in my safari. so i cry every time i open that browser.
god this hurts so bad
me in 2009 fml
this cracked me up :). clever !
it hurts everytime... 🥲
what’s happening in this scene??
geez ppl, in 2010…. btc was like the first meme coin. “kind of.” only a few would bet the farm on it.
this hits me right in the butt
haha i did buy ten back then
if you listen closely, you can still here our screams.
so real. i keep replaying 2012 when someone at work was all "omg, bitcoin!" and i'm pretty sure i was like "that ridiulous, no one would ever..." but maybe i was like "bitcoin? i dunno, but here's ..." i keep trying to remember if i took a chance back then, but i do not think so.
i think you need to wait for 2010 to perform your wish.
this movie hits hard… but not as hard as the knowledge that we knew bitcoin existed and didn’t buy it.
all this post is telling me is i need to watch this movie first...
haha, this is the reason you didn’t buy bitcoin
off topic but on topic. interstellar was a masterpiece.
don't let me sell murph, do not let me sell.
honestly, gravity is my top choice for a space movie and the second one is passengers. this one is too meta.
there is one thing you need to learn talking about past in not good.
and me trying to tell my 2014 self to stop ignoring my btc-owning friend.
easy! just tell yourself to buy polkadot now :d
you: buy and hodl otheru: sold at x2
remind your 2031 self that you bought in 2021
this this this yes
buying bitcoin way back then was a hassle. i remember one way was to buy second life currency and buy bitcoin with that. i did "play" that crappy "game" a bit back then, but never bought any bitcoin.
don’t feel bad. i bought-in in 2013 and still messed up lol.
if you bought at that time you must have not here to talk with us.
it is not too late for btc, imo; but man...2014 friend of a friend sold some btc at market price...
but actually you missed the time and you need to go back in past.
at that time crypto is not so popular so you missed that.
i had a friend show me how he was mining them after work in 2010 so he could have a little extra on his paycheck he made every week… i wonder how rich that son of a bitch is
just remember one thing everything is fair and stay going.
talking these things will only make you sad and nothing more.
this scene hit differentttt. such a good movie
instead of all the regret in retropection. look forward to the metaverse as we're on the cusp of a new age. btc is officially becoming old money. your bags can still be had with exponential growth if you stop beating yourself up for what you should have, could have or would've done and start doing. good luck!
i think you said wait for the technology which will go in the past.
2010-11 was my first grown up job, and i was absolutely looking to make investments just like that. but i had never heard of it back then and i cant be upset when i was taking economics class in college, bitcoin didnt yet exist. when my friend told me about it in 2017 i was so sold—i hate banks and i had learned just enough in economics to know the whole system is f’d. kicker is, my friend who i was hanging out a lot in 2011 because we lived close together—he was secretly hodling. he didnt tell me because he was worried what i’d think about him because of it’s reputation back then. *i guess*
my 2013 self just used btc for illicit purposes, but all throughout 2018 i was wanting to buy it as an investment because i had heard from enough people i trusted that it was going to go up and i believed it. i was between jobs though and could not land a job until 2020, lol. sucked so much to see it rise. if i got sent back in time to 2018 and no earlier, i'd still be unable to capitalize unless i had better success at landing a job a second time around, haha.
thats me on 2030 trying to tell my 2021 to buy bitcoin.and do not sell any.
in crypto it is never too late to buy and sell anything.
talking about this will only make you sad and nothing more.
i laughed so hard i felt my blood rush
polker has shown massive potential since its launch earlier in the year and this is seen in the price evolution of , it is gonna be the best game out there
me tryin to tell my 2018 not to sell my bitcoin
cool story man , of course ...
hahah love it! ' 100% relate to this. i almost bought in 2012 to get on silk road, but just never got round to it...what an idiot i am!
fucking hell this made me laugh, i wish i didn’t use my free award for something else.
i remember having a late night chat with some friends at 2am on a saturday night in the spring of 2011, talking about bitcoin and all of the possibilities. but there was so much illegal stuff tied into it, silk road, etc, any news i could find was bad, obvi, so i just sort of though “hmm, i’m dumb i don’t know, back to my life as per usual”. even then, i’m sure i would have lost it, or sold when it hit . nice to fantasize though!
i have this fantasy all the time
you would have lost your coins, spent them or sold a looong time ago
i saw it in the imax in prague and it was hard to conceal my tears.
man travels through interstellar space to convince his past self to buy bitcoin not realizing what his true mission was all about…just take my money 💰.
🤣🤣🤣🤣🤣 felt this in my soul
i have not been watching movies for several years, but this scene makes me want to check it out.
thats me trying to tell myself 4 days ago to sell...
thanks for miss irwan who helped me raised i’m forever grateful to her and forever happy she might not even know she just save me from being suicidal
god damn it hurts
every single day. man. i'm just sad. and i mean i had every opportunity to mine the heck out of bitcoin back in the day ---- i was too busy boozing and looking for tail.
those time i had 100k btc
hehehe that’s us all! check out afrostar it’s not even a month old and has huge potential it’s never gonna be another bitcoin, but nothing is, but it might come close
i was only 11 in 2010 so i never knew lol
this is actually true for me. no joke. read white paper in 2009 and being a retard said it is a shit coin and let me get back to my tekken
selling a time machine for 1 btc.first come first served 🤣
me wishing i didn’t sell my avg buy of ,500 when it hit 10,000
the you’d be one of the folks getting there magic the gathering online coins
will bitcoin reach 1btc = 1mill
i just wish i’d heard of it then. i had no f**king clue it even existed till 2017 🤪🤡
facts so pissed dude
my bank denied my btc order in 2015 of 300 usd...
tell your 2021 self to buy srm and sol
wish this is another 2010 for me, just step into this area, feel like a stupid.
lol. i guess you are related to uncle teslar
this got me in the feels
i remember when buying bitcoin was a real hassle back in the day. i remember when the best way to do it was to first buy linden dollars (the currency from the crap "game" second life) and then buy bitcoin with those. i do not even remember what year that was. does anyone remember when that was?
ive had this thiscussion in the past but i also realize id i had it back then i probably would have bought something dumb like a lava lamp from overstock in millions of dollars in todays value and that would have hurt just as much.
yeah, that is many of us.
me telling my 2016 self to not sell bitcoin and cope with being broke some other way. lol
take a moment to consider that it might be your 2025 self telling you to sell...
i will surely remember you in the year of 2025 and will get the comment.
wife wants new boobs, should i sell or borrow?
i think you should wait for more 5 year to get your income double.
selling bitcoin now would be a worst mistake of life.
waiting for bitcoin is worth it in as i have experienced.
there is only one thing we need to remember hold and hold.
that would be very nice only if you have some bitcoin inyour wallet.
bitcoin is getting popular day by day in this time.
crypto just need one thing hold and trust and nothing more.
people are now taking about acceptance of btc cash.
hahahahahahahahahaha! nice post buddy. just hold it.
me in 2030 doing same crap on shiba 🥺
me telling my 2015 or 2017 self to write the password of the wallet in the bank even though it was just a friction of a coin 🙃
glass is half full
exactly, people are planning for the next couple of year.
17btc? there was one pizza sold for 10k btc.
i remember refusing to sell an 8th to a friend for btc in 2012. he quotes my text reply when ever i see him. *"i'm not selling you my weed for internet funny money dude"*
i bought access to a private forum thing for a year for 1btc back in the day. i also used to roll whole btc on satoshi’s dice. easy to say in hindsight that it was obvious btc was going to become extremely valuable, but it wasn’t. people used to give out several btc for free all the time back in the day.
you couldn’t even buy it easily until like 2015 ish, before that it was like a pure gamble.
i was one of those people. but instead it was drugs. still had a good time though so only mild regret lol
if i would have bought it back then, i would have no way to retrieve it because i would have lost any account. that helps me sleep at night
yes this. people don’t understand how it was to go from 200-600 so fast and then plateua. looking at my old wallet makes me cry.
thats a pretty insane return i wouldn't regret that
that’s why i’m not beating myself up over not buying some early on. i definitely would have sold it already. today i view it differently and will be in it for the long haul.
best tip available on reddit!
this is hilarious hahaa
never sell just to take profits in any investment. all you do is buying . if you want to use it to improve your life(house or even travel) fair enough.
yeah there are many people who hodl only to die and their bitcoin never sees the light of day. like that indian dude who got rich off crypto and died from a blood clot because of a leg lengthening operation due to manlet insecurity.
there were faucets giving whole bitcoins.
i gambled 1 btc in 2016 on bitstarz smh. and then 0.1 btc in 2020 on ignition smh. not small fractions of my holdings either.
til btc reached 50k in 2020.
they say a lot of people have to go through 3 or 4 bitcoin crashes before they become zen about the whole thing.
tiz the thing everyone forgets. humans are greedy bastards. when you see you have made 50 or 100 x they will sell, not only that but in 2010 there were not many people who would risk a lot of money on a crazy internet money and most that did put it into shit like bitconect! to have goten rich from bitcoin you have to have been stupid enough to buy a substantial ammount then compleetly forget about it untill you realise it turned into a fuck ton of money! then you have yo have the balls to not sell it!
i heard about it on the radio. thought it was some kind of 'second life' game, which people apparently spent money on. i quickly thismissed it. years later, i bought some and sold again. oh well...
i bought my first 36 in 2012 at 5.40 each. spent those. i bought 114 of them at 100 each in 2013 to hold for ever. gambled them away on alts. let it go... let it go... i have over 20 now though so i'm not too upset.
interstellar, by christopher nolan
oh i acted years back, just not in 2010
btc isnt a scam. it's the beginning of something new.
that can only be answered after its history is over. but no, not fully at least, since it has spawned actual useful crypto solutions. however it holds no real value so the market decides how much of a scam it is. when it reaches 0
the scam is fiat money printing
watch interstellar, you're in for a treat.
it's a movie about dreams and dreams .i cannot even put that into words.
came to say this
we need to learn from past and and work on our future.
buddy, this game just need strong faith and patience. keep moving.
we should not talk about our previous mistakes,but to move ahead.
again i got a comment talking about past mistake, not worth of it.
take a moment to consider that it might be your 2030 self telling your 2025 self to not tell your 2021 self to sell.
let us praise what we gain in the past and not the mistake.
i do not think i will be in the list of mistakes i choosed miself.
that will make him sad for his decision but that is what he chooses.
we should not talk here about what we did mistakes in the past.
i do not think that will happen with him as he learned something from here.
and that for his upcoming mistake he will learn something here from reddit.
i do not think talking about mistake is actually a good thing.
taking about mistake is not going to improve the results.
talking about anyone mistakes is actually not a good thing.
buddy, decision on right time is the real good move that leads you to the profit and gains.
bitcoin will only make him super-rich only if he holder more long.
probably would not be able to get much for her if she is got little boobs.
hahahahahahhahahahahaha! i think your wife needs to change his husband.
this is not about my life. or cooper's life. ' this is about all mankind ' there is a moment...
[interstellar ]( definitely one of my top five or ten movies.
exactly, i am not understanding, what is this movie?
oh that is what i meant aha that would be me
i did not buy because it really seemed like a scam at first to anyone who did not understand it (including me). and after mt. gox a lot of people that were at first interested in btc (that i knew) thought it was a scam too. i remember them selling, fearing another gox would happen. and to be fair there were btc buy scams. you could not just buy it as easily as you can today.
that's not true. i first bought 2014 on kraken. very easy and straightforward.
yeah, no way. i bought it on mtgox in march 2012 shortly after learning about it and the process was super straightforward. no more difficult than it is today.
only about a month after the white paper came out in 2008, at that time you could mine something like hundreds of btc in a day when it started. but doing the math of how much it was worth i think it was 8 or 10 .000000001 zeros until before the dollar, and having to have a machine running 247, it came out to maybe earning like . never did it. 🤷🏻‍♂️
coinbase was up in 2013.
i bought it somewhat easily on mt gox in 2010. i was also able to mine 2-3 btc per month on my shitty laptop, but that was not worth the hassle, heat, noise, electricity, inconvenience (barely ) but boy oh boy did i celebrate coinbase when they launched. it became *super* easy to buy in 2013. a fully legitimate & compliant us-based exchange! some of y'all hate on coinbase and i get it. i'm still a fanboy because i appreciate the way they completely revolutionized and saved bitcoin after the gox exit.
i'm sure i bought from coinbase in either 2013 or 2014. it was £175 a sodding btc. i used to just spend them straightway on pills and weed on dn. i hate myself.
never sell everything. only fractions of the remainder.
there’s a thing called “diversification” where you move the profit from super risky bubbles to something … else. spread it around, get some stocks, some bonds, some property maybe. that way when one of your investments tanks you’re not completely broke.
the dude doing the faucet giving 5 btc per visitor.
maybe at the very start, i never saw any that gave a whole coin though tbh.
i assume you lost... what did you play on ignition? i was just screwing around with the free money play on 777 deluxe and hit 510x on my 10th 100. irritating but i doubt my real money would have done better as it never does
pretty much. same goes for stocks. now i’ve just learnt to double down when stuff crashes if i believe in it 😅
yeh. i remember saying: ill buy for , and just let it sit for 10 years.i know that i would never be able to leave it alone for 10 years, though. probably would have sold on the first peak the day after, and loled as i filled my car up with gas with free moneyz
that fucking bitconnect was why crypto market was devastated in 2018. most people out there were hoping to get rich off landing btc to bitconnect, those bastards took off with 2 billion worth of btc each worth at least 15,000, they might have never cashed all of it.
> x100 > do not sell, do not be greedy
in order not to sell you have to have studied money enough to know that bitcoin is just better money than anything you would sell it for. i recommend reading the bitcoin standard.
back during the beginning some exchanges actually let you swap lindens for btc and vice-versa.
nice. sounds like you did something right
haha, but the current bitcoin market is also very good
instructions unclear. where to see this movie?
take a moment to consider that it might be your grandson in 2100 telling your 2025 self not to sell
no one knows about future so we need not to talk about.
what if before 2025 bitcoin would die or market get a biggest crash.
talking about same thing again and again is not going to make impression.
if you went back in time you could wank your past self off and it wouldnt be wiered
don't you think you comment is making people too much confused.
talking about same thing again and again is just making people confused.
we all need to be positive about crypto market for its work.
we all need to hold our bitcoin so not to post about it.
take a moment to consider that it might be your 2035 self tellin... oh wait there is no 2035 yourself
we can only predict future but cannot asure that,so be positive.
i am getting confused because of this comment anyone else here.
getting same comments again and again,is it because of mistakes.
does anyone here can tell me what is going to happen in future.
exactly, let praise what we gain in the past and not the mistake.
hahahahaahhahahahahaha! there is no solution of little boobs.
exactly, we all are just busy in making profits, ignore our families and children's.
thank you! i have not been watching movies for several years, but this scene makes me want to check it out.
top 10 movies but probably top3 cinema experience, that shit on 70mm imax with the soundtrack was mind blowing
the sad thing about interstellar is once you watch it you can never get that "watching it for the first time feeling". the re-watching feeling is great but i envy the people who've never watched interstellar and get to experience it for the first time and get ther heart squeezed and mind blown. christopher nolans best work after memento.
buddy, you are saying right, this is the great movie.
what’s your top 5? i loved this movie would like to watch something good.
it’s also one of your top 100 or 1000 movies
i mean, pizza is pretty darn good
2 for the price 1, at least?
soon, maybe, 2 pizzas for 10,000 sats. someone made a tracker here
maybe different for canadians? i remember the problem being how do you get the money on the exchange, if it was anything other than an etransfer i would consider it not easy. the first crypto i bought you had to go to the bank and request a money transfer, or buy a voucher from a retailer.
how did that work out for you? i remember looking into a mtgox account and may have even made one. from what i remember back then (in canada) there was no sure way of depositing the $
getting money into mtgox was not that straight forward. you had to use something like dwolla or western union it.
i remember wanting to buy some bitcoin when it was at like ’t worth possibly losing .
yah my buddy was buying steroids back then for multiple btcs
it’s not a lie lol it’s exactly what i experienced in canada from when i i started following btc in around 2014. am i a newcomer if i bought in 2017, held and have kept accumulating since then? i tried to buy some around 2015 and the process was not just a simple etransfer like it is now. the most reputable place at the time seemed like mtgox but it was a process to get money into it (as a canadian) so again not lying and not new to the space but thanks :). *edited to add that you yourself have a post in this sub from 5 years ago (math = 2016) asking where to safely buy bitcoin lol!
lindens, exactly! the whole deal around second life seemed weird to me, although i was a big time world of warcraft player. i could not understand why people would pay "real money" for lindens and why advertising space in the game would be valuable. i thought btc was something like it. thught i'd never hear about it again
-28% since your post
i’d totally watch that movie.
what does that word actually means if you could tell me out please.
if you could tell me out what is it is actually means.
amc next to wendys
i also wnat to watch this movie just because of its name.
this movie name is actually making impression on me.
hahahaahahahahahaahahahaha! if you bitcoin just have a patience and hold it.
it has been known to make grown adults weep. just sayin
oh man. how i wish i was you. you are so lucky you get to experience interstellar for the first time. i wish i could forget all about this movie and then get to watch it again.
still makes me weep
it really is a good movie...
we don’t get the time wasted back have a nice time watching the movie and i suggest you apply mrs irwan trading strategy to make more profit and lesser loss she’s one of a kind
just for fun, watch it on oculus quest 2, or similar, with beats headset on…
it will quite literally destroy your speakers so just be careful if you are watching at home
agreed. haven't seen the film in years, and this scene still makes me feel so much profound anguish. nolan really is one helluva director
oh jeesh… in no specific order, really depends on what mood i’m in when i feel like watching a movie. i don’t want to say these are my top five but these are definitely five from my top ten. fear and loathing in las vegas, interstellar, the a team, ghost in the shell and the greatest showman. i’m sure that listing will cause some drama but what doesn’t these days on the internet 😂
if you loved interstellar, you would also like eternal sunshine of a spotless mind
yeah pizzas good. but if i lost 800million dollars because of pizza i'd never be able to eat or enjoy another pizza ever again.
might be, my experience is from a european perspective. i could simply transfer money from my bank to kraken. kyc of course...
this is what kept me from mining when i looked into it in 2014. the tech was too wild-west and impenetrable for a layman like myself. i do not even run linux, for pete's sake!
> edit: vtc getting downvoted in a bitcoin sub is sad to see... # > vtc in a bitcoin sub ...
cavirtex.com was around in 2013 and it was easy for canadians to use (long since shutdown and taken over by kraken) and quadrigacx was around before cavirtex shutdown.
i'd buy that for a dollar!
raising ticket money behind wendy’s.
is it in the language of english as i am not getting the meaning.
yeah but the problem is they take bitcoin.
go go inceptor gadget!
i saw it in the imax in prague and it was hard to conceal my tears
i shed some tears
the music in this movie really sets the tone
literally on medication that keeps me from crying for some reason, and this movie still hits me hard tbh. i don’t care that it’s a meme
you lost it at beats headsets lol
wait a second, you mentioned beats headset as if it was something good...? that is an amazing way to say you dont care about sound quality, but think artificial bass is good.
the pizza place probably made the same mistake
at the time it was not worth that much and that 10k pizza is pretty much why btc is as big as it is today. if there was not that first purchase and everyone was holding then the value would stagnate. it's the same as "hahaha russia sold alaska cheap lmao they have oil there" - the oil was not thiscovered at the time and even if it was it would not be valuable for another couple decades since there were fields with easier access and demand was much lower.
you wouldn’t have lost 800 million, you would have lost 10k bitcoins at the time. that’s such a stupid mentality
wait, why not just raise money in front of -- ooooohhhhhhh, i see.
is this actually the meaning of previous comment,i am getting confused.
i remember just being speechless walking out of the theater watching it for the first time
😂 replace beats with a quality headset headset of your choosing. better?
thank you! no one ever mentions whoever took those btc.
this trail should go on and on! (*❛‿❛)
exactly, but every one has its own way of thinking and mind.
yeah that move is a fucking trip try k holing to it
ok interstellar, imma let you finish, but looper is the greatest time travel movie of all...time 😎
actually the guy who bought the pizzas paid someone else btc to buy them for him. that guy paid the pizza place with cash. so the guy who got the btc was basically the middleman.
looper was dogshit and rian johnson is a clown, it’s not even close to the same league
plot twist: the middleman was actually a time traveling troll from 2050 who befriended the dude collecting “worthless” bitcoins just so he could lol at watching the dude pay him 800 million dollars to buy two pizzas.
damn dude, chill. i'm still waiting for the rainmaker sequel...or prequel?
woo turn that leaf into a bill.
printer go squeak squeak squeak.
proof that money grows on trees.
the leaf was probably more valuable.
what a cute little "brrrrr" noise that thing makes. it's like watching a baby velociraptor.
this video was slowed down. no way the printers are moving that slow.
i dont wanne be picky here but this is somewhat a serious point. if the fed was doing this it would be more then 100x better then what they do now. because the dollars created will be limited to the leaves the earth can possible make. what they really doing is that the make dollars out of nothing.
more energy was expended in churning this contraption than the fed uses to print out .
oh come on this is not true. the fed does not use leaves to print dollars. imagine the effort they have to do to find trillions of leaves
more profitable to run the machine backwards.
damn that dude just wasted a perfectly good leaf!
but the dollar was already in there
we need more leaves 🍃!
>"since we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensely rich.” - hitchhikers guide to the galaxy.
before you upvote this post i just want you to know that this is a tiktok. by upvoting this, you are liking a tiktok.
...are you a tanuki?
wait, mine rolled joints. i could have hade money? fuck.
technically, this video is right
well, at least here they need to get a leaf first. with the fed, they print money out of nothing. not even thin air. :d
a special magic, if you can do this, you must be rich.
meanwhile at tether ltd
at this rate the leaf will be worth more
its my dream to see the fed collapse, only hear it gives me an eargasm
also pretty much what nestle does.
now do it a billion times!
same happens in bitcoin mining, mining coins out of thin air. it's a clever linguistic trick that the founders used the term 'mine' so it does not sound like bitcoins were created instead of pre-existing. this is the whole premise bitcoin is built upon... smoke and mirrors.
not even leaf, they use air.
the fed does not even need leaf
is that what they do with the foreskins they harvest?
too expensive. you should cut the production cost
anyone know how to get this contraption? like where to order one for gags, i had one as a kid i think but that was years ago.
i need one of those! lol! i definitely wouldn't complain about leaf raking anymore. 😆
i really wish this wasn’t so funny and so accurate.
lol this is soo epicc
i think i need to see that again in slow motion
us government wants to know your location!
this is exactly the same as the effort to find the largest prime number. in theory, the largest prime number can never be found, because the cost of finding the largest prime number will increase indefinitely. this largest prime number is exactly the opposite of bitcoin, an infinite divergence. an infinite convergence, and all this is determined by mathematics, not a government, a regime, or someone can control.
no need to flex on us
air not leaves. matter of fact, out of thin air!!!
where can i buy those , any links
so money *does* grow on trees.
if the fed was printing money that slowly, we'd be fine
if that was the source material, there wouldn't be any trees left
good 👍 make more 💰
ok i have to know how they did this? is it special effects?
money doesn’t grow on trees! obviously someone’s gotta make the printing machine go brrrrrrr first
**i fucking love it**
oh yes, the one trick pony
they don’t even print it they just type some fuckin numbers into a windows 98 excel spreadsheet and boom, now everyone’s dollars just lost 2.
at first i was ironically like "oh cool, what a simple magic trick" then read the title 🤣 and could not stop laughing
sooooo money does grow on trees????
he devalued the leaf?
with crypto everyone is going to fine
is this a hidden cam footage?
hi, i am new here, wondering anyone knows or have any info abt bitcoin mining... thanks a million, millions thanks!
i literally just laughed out loud😅
if money grew on trees there’d at least be some more logic as to where it comes from
bought one of these in 2nd grade at a book fair. used it to buy pretzels every tuesdays, hahaha they never knew! but i used it for .
wow what a trick mate. lolx
i’m gonna pay with toenail clippings
wtf...a money printing weed roller, amazon?
i used to have that trick!!
i’ll trade you bourbon you bitch
that is what happens when you legalize pot.
usd looks like a shitty coin: , unlimited supply cap, 1% of holders own 30%, has been in a bear market since its conception
umm anyone knows how to buy clu coin? i heard it will start trading in hong kong tonight. but it is so confusing and difficult to buy.
can you say inflation
that's very creative and true
and the things goes brrrrrrrr akiriti br brrrrrrrrrrr
dude, leaves cannot be printed out of thin air. it requires work to collect them! also they are not in infinite supply.
thats how chia mining looks like
coca is a hell of a leaf
i think this leaf is from the money plant 😆
surely you mean the treasury? fed does not print any money.
i am going to buy a bunch of these so i can give them to strippers. that way i can pay for lap dances with leaves. genius, i know.
clever, new meaning to greenback or was it green deal joke ;-)
this is just too funny lol
sooo, now they accept leaves too.
and i believed that money does not grow on tree.
no way the printers are moving that slow.
i look dumb, but i'm not smart. but, i'm sure there are more leaves than dollars in america
bitcoin drops after musk tweets of breakup
i was going to ask where can i get one of these... but, no, not interested in a political career.
before reading the title: cool trick after reading the title: *lmao
i remember having this scam magic trick i see the feds got there hands on it late to the party now they have another money printing machine for endless debt
when i saw tick tock, i clicked the audio button thinking i’d hear “oh no, oh no, oh no no no no no no”
pass me me some of those leaves please!!
my parents were wrong money does grow on trees.
the fear of the us military is why other countries use the dollar as a reserve currency, but if the dollar is worthless... well rick and morty kind of showed that.
what is this sorcery!?!?11??/?
the irony of this is that the **feds** are the same people who wants us to preserve the planet! **feds** are also the same ones allowing junk paper in your mail box.
oh my goodness! it is not difficult to make money by performing a magic performance.
now elon style...play it in reverse!
sorta working though. isn’t it? the fed hate the fed” , fed says something positive about bitcoin “love the fed love the fed”. mindset of myopic non scientific people .
i will take three of those money making contraptions!! do you take bitcoins?
but mining free bitcoin will help who?
now this is the true environmental issue...
so good!!! nice ape 🌙🌙🌙🌙🦍🦍🦍🦍💎💎💎🚀🚀🚀
i got this tool it works every time
at least it is environmentally friendly
friggin new my parents were lying this whole time!
omfgggggg i’m dead 🤣
i definitely agree with what you’re saying regarding the important roles central banks have played throughout history in maintaining balance and functionality in an economy. personally, however, i have not seen anyone on this sub or elsewhere go so far as to state that central banking serves no purpose whatsoever and never has. i think a lot of the central bank bashing that goes on around here is based on how much damage they have done to humanity by manipulating a system that was once designed to benefit people through overprinting and devaluation of the currency supply. the results of this are inflation, upward consolidation of wealth, and a system of control and financial slavery that further gathers power into the hands of just a few. of course central banking and fiat currencies serve a purpose, or they never would have become a thing. and of course everyone knows that bitcoin is also a fiat currency. the point, though, is that bitcoin is both decentralized and capped, two important qualities which keep it from being systematically devalued the way government backed fiat frequently is. because there’s no central authority it cannot be manipulated the way government currencies can (although it obviously can in other ways), and it cannot be printed out of nothing, like in this post, whenever it’s convenient, backed only by debt. i am not amongst those who believe that bitcoin is the holy grail solution to our modern financial issues by any means but, these days, if it comes down to trusting the fed and the government with my financial security or trusting hard math backed by a decentralized network of computers, i’ll go with the algorithms any day.
if the fed continues to destroy the value of the dollar, soon you will be able to pay directly with leaves.
turn that poop into wine!
but how does the bill become a law??
i thought it was a rock
and they say that bitcoin is bad for the environment. leaves grow on trees you know.
money grows on the tree, he has proved it now.
turn that bill into btc
we were wrong the whole time. money printer is not going brrrrr. in fact money printer goes squeak squeak!
might be a coca leaf
he should have used a tulip
if you reverse this gif, it is basically me buying weed. it's equal value
that paper is more valuable than the money if the inflation is high enough
it is going squeak squeak squeak.
so the guy is buying weed with the money?
they make the dollar from paper, ink and electricity. one day printing a dollar note will be more expensive than its price
right! because cryptos are made out of ... what was it again?
yeah the fed has an sql database they just ender a number followed by a bunch of zero's. last i heard, their computer keyboard had some gum stuck under the 0-key. so every time the fed prints money, they end up printing an order of magnitude more than intended.
it was more profitable to run the machine backward.
so it is more like bitcoin wasting plants to make money that was already there
i cannot upvote you because your comment has the word "ti*to*" in it
from the feds obviously, using that printer is illegal for other people though.
yes, they do not go collect trillions of leaves to print money. this is a fake information
probably thats why japan is considered a rich country. thir tech is cool but who gives a shit when in the back a gang of raccoon dogs is turning leaves into sweet bills. lol
perhaps an interesting perspective: if the value of the dollar is backed by nothing (except its users), than if tether is’t backed by dollars then what difference does it actually make? if tether isn’t backed by something that itself is not backed by anything…?
they will start using the machine in reverse. that would be more profitable
if you're american that would be thisasterous for the majority of us. something like that should not give you an eargasm.
the fed will collapse in your lifetime.
collapse of the fed is collapse of america. which means collapse of protected sea shipping lanes and nato. careful what you wish for unless you are a ccp fan.
you realize, mr. 3 month old reddit account, that this would be catastrophic for the us and the world at large. the fact that you celebrate this fantasy means you're either a moron or rooting for the destruction of the institutions that make this country strong. take your pick.
that’s only ! what is that, a leaf money printer for ants?!
major difference is there is only ever a new butcoin every 10 minutes, with a cap on the total number of bitcoin, while the fed prints whenever they like however often they like.
let me just mine myself a couple million btc's out of thin air, thanks for the heads up chief
> mining coins out of thin air. i thought it used enough electricity to power a country and took 130 years?
imagine them going in a forest and collecting trillions of leaves, money grows on tree
and that will make those leaves more expensive than the dollar so they will need to run the machine in reverse
and that would create a limit on hw much they can print but they do not need that to print dollars sadly.
first they were hiding the dollar in the machine and then they hid the leaf
how? this thing destroys trees to produce waste.
true ill pay my taxes with leaves grade a?
you realize that that is not how this works, right? i'm tried of seeing armchair economists on this sub grossly misunderstand, which (for all its flaws) actually does provide real utility to the economy. you may not like it, for whatever ideological reason, but to caricaturize it and castigate it nonstop, usually with memes, makes this community look petty, ignorant and just downright stupid.
hi i'm from animal crossing and can confirm that this does work.
leaves are usually way more useful than dollar bills. try to whipe your ass with both of them and you know which one fails the most...
tree leaves have value though, this looks like exchange of diminishing value.
what if i pay them with ...those leaves? \*wink wink\*
or bees. "give me 5 bees for a quarter!"
they have no choice
and they will still be hating on crypto...
or we'll come full circle and start wiping our asses with cash.
crypto would not fix it
turn that bill into a leaf!
40% of the value of the dollar was diluted in just 2020. i cannot wait till that finally is realized in the economy and cryptos skyrocket.
the dollar has always been a shitty currency lmao
the bill comes a law when enough people sign a petition about it
if looks like a money printer, and squeaks as a money printer...
you'd get an award also if i had another one
haha ok let us trade
yo fucking a you get my award i do not know how to give
well yes but then they’ll just add a few zeros like in venezuela
a lot of crypto , like btc, have a limitted amount. that is a real big difference with usd. right!
working as designed my dude.
that's not true. the central bank has an asset for every liability. in the case of tether it is an iou from bitfinex. also tether is not the fed. tether operates to provide liquidity and people expect a dollar is a dollar. it was minted as realcoin for a reason.
you’re trying to explain the difference between a decentralized currency focused around scarcity and security versus a tool a country uses to transact. 99% of this sub doesn’t know what one is let alone the difference lol
buy crypto and be ready too
they now have a way out - bitcoin.
hopefully. we gotta go back to each state is completely nationally independent from each other and can choose there own path.
fuck nato and the amerikan empire.
hold my crypto and my guns, dont worry for me im ready for years, have tilapias and sweet water. ask if you are ready and if not maybe you are the housebroken
you sound like a minion pro state, maybe a cult one, who believe in god in that fantasy. and in her name you feel special in a way that can create sides for pick. sorry but maybe the destruction of minded like you could help that scam fed lose her backup. and feel sorry that you use the adhominen trick, im 3month old but have years of reddit, that you try to destroy any reputation using that, its the dumb way that some false patriots dig they way
that's a simple story to appeal to the masses. money cannot be printed without consequences, it will just correct itself in inflation and nobody wins, including the people who print money. however, i agree it is a nice imagery trick to make people visualise some people printing money with no consequences spending them while everybody else works... add that to the pizza story lots of people start daydreaming...
printer(mining rig) and electricity, that is basically it. you're welcome.
dont expect to be spoonfed... use your head
i never would have guessed that. thank you.
i'm sure they take maple leafs. the gold coins, of course.
i’m gonna pay with needles.
no no you dont understand. the economy would work better if everyone held onto their money because its deflationary, because i like money and want more of it, so it must work that way.
please, can you elaborate a bit more. i am interested
i'd like to agree! i'm just a bystander watching this sub lately, and it seems to be full of petty, ignorant, downright stupid people.
why are you crying?
hello, i am one of those who do not like central banks at all and think they are doing more harm than good. it is not an ideological reason, it is based on an economic school of thought ( austrian school ). it is being studied all around the world because its predictions seem to be more and more valid. many of its proponents are respected economists and one of them won a nobel price. i will be happy to tell you more if you are interested.
especially, considering btc itself has no intrinsic value aside from the fact that every hodler here has agreed that there is value which is, ironically, measured in usd. that really makes it no better than the usd or any fiat currency which, like btc, is simply everyone agreeing that it represents some value and that representative value can be used to trade for goods and services rather than directly bartering. at the very least, fiat is backed by the respective economy of the issuing authority, for good or ill.
a bad economy is not always good for bitcoin just look at the covid crash.
so, you have lambo with tendies???
if you really believe that the dollar is going to suffer massive amounts of inflation, then you should take out as many high-interest rate loans as possible to buy bitcoin, or some commodity that you believe will hold value. once inflation hits you can sell a bit of your assets for mountains of worthless cash and pay off the debts. why do not you do that?
1. thats not as certain as many seem to think. bitcoin could absolutely increase its coin amount relatively easily. this is supposed to be a decentralized (majority) decision, but what if the majority of coins is hold by a small group of people? there are like 3 million coins in the hand of a few dozen people already, so... 2. my argument above was supposed to be this: the number of cryptos are growing like ... daily
entire western civilization. the only two big winners would be russia and china, of whom both would also have to suffer greatly, the only win really is the power vacuum and the opportunity to capitalize on it.
how about not rooting for the collapse of our central banking system? isn't that a good place to start?
lmao, can you honestly be this clueless and deluded? jesus christ, go read a history book, go learn about the functions of a central bank (and why it is important) and maybe do not take for granted that the us is in an advantageous position in part because of the strength and ubiquity of the usd. "hopefully"? hopefully you fall down a cliff, mate. stop rooting for the destruction of the union, traitor.
fucking christ 😂 usually people who make comments like this are the first to get knocked out during a fight, accidentally shoot themselves or otherwise succumb to the stark reality of anarchy. like the above comment said, be careful what you wish for. it's obvious that you're a moron and morons typically do not survive destabilization for very long.
guns? you are in the age of drones.
what? learn to write. that was nothing but a bunch of hand waving gibberish. and for the record, i'm not "pro state". i'm simply a realist who does not get his economics and political science views from armchair retards on reddit. i'm deferential to actual experts, not blowhard libertarians who probably do not even have an undergrad degree, let alone a phd. what are your credentials, mate?
bro this was hilarious. take my upvote for the ultimate shit post.
no wonder why there is so many bitcoin millionaires, it is really so simple is not it??!!
holy fuck, high roller over here.
what about those helicopter seeds, are they worth anything in this new leaf based econ?
how about monkeys running in space
the maple in my front yard is gonna make me a millionaire.
oh look at you mr. moneytree
you are a serious maple whale.
thinking they will start taking qr codes instead self drawn ones
im sure theyll love that
the power of pine baby
> personally, however, i have not seen anyone on this sub or elsewhere go so far as to state that central banking serves no purpose whatsoever and never has. are you serious? it must be your first day here. this rhetoric is repeated ad nauseam in this sub. even in this very thread, there are people arguing that the fed is nothing but a tool used to control the populace (presumably employed by the illuminati or the jews or some other shadowy group). >i think a lot of the central bank bashing that goes on around here is based on how much damage they have done to humanity by manipulating a system that was once designed to benefit people through overprinting and devaluation of the currency supply. the results of this are inflation, upward consolidation of wealth, and a system of control and financial slavery that further gathers power into the hands of just a few. what specifically are you referring to? as far as i can tell, most of these problems are caused by poor legislation, poor regulation and oversight and general corruption in other government institutions. like... was the 2008 crisis caused by the fed or was it caused by legislatures, deregulation and greedy investment bankers? it was almost certainly the latter. >and of course everyone knows that bitcoin is also a fiat currency. what? how? fiat is issues by the government. bitcoin is not issued by the government, so i'm not sure how you can call it fiat. >because there’s no central authority it cannot be manipulated the way government currencies can (although it obviously can in other ways), and it cannot be printed out of nothing, like in this post, whenever it’s convenient, backed only by debt. >i am not amongst those who believe that bitcoin is the holy grail solution to our modern financial issues by any means but, these days, if it comes down to trusting the fed and the government with my financial security or trusting hard math backed by a decentralized network of computers, i’ll go with the algorithms any day. and what of the problem of deflation? the audibility and transparency of bitcoin certainly seems advantageous, but if it is just a vehicle for people to pour money into in order to get rich... well does not that come with all sorts of downsides that manifest in the economy?
how exactly do you feel you trust your financial security to hard math? would you feel the same if others abandoned btc and it went to .50? the security, but not the value of your holdings will have been preserved.
yep, you've just perfectly summarize the extent of the thinking process for 99% of this sub.
elaborate on what? the role of and utility provided by central banking? that's kind of a complicated topic and unlike others here, i do not pretend to be an authority on economics. but in very simple terms, being able to manipulate monetary policy means being able to speed up or slow down the economy. this can help mitigate recessions, keep unemployment low and keep inflation within a normal range. there may be downsides to this approach, but in a capitalist society, it is hard to argue that central banking has not been a huge boon to growth and prosperity. for more info, i would ask for book recommendations on . not here though. people here do not know what the fuck they are talking about and will just recommend you read "the bitcoin standard," which was written by a non-economist and a conspiratard.
it's always been like this. this sub used to be concentrated with even more ancap, always without good evidence. over time, this demographic has been washed out a bit with the huge influx of normies into bitcoin and "crypto", but unfortunately a lot of these newcomers seem to immediately latch on to the same stupid ancap memes about the federal reserve and economics in general. they probably do this because they perceive it as conducive to their goals of becoming rich. they certainly *do not* adopt these views by dint of critical thinking and devotion to *actually* learning about the topics from unbiased or academic sources. instead, the cite the same people who do not have any actual expertise. people like ron paul, michael saylor and formerly elon musk. in other words, people who are not economists and have little to no credibility to lend to the conversation. nonetheless, because these people presumably endorse bitcoin, they are on "our team" and are therefore celebrated as our genius leaders. it's all incredibly stupid and a giant waste of time (and an exercise in collective brainwashing). i do not even know why i still visit this sub.
crying? somebody does not like being called it for being stupid, huh? 😂
what predictions? you realize that the so called "austrian school" is entirely non empirical and based on praxeology, which rothbard and others openly admitted to. you're welcome to tell me whatever you want, but you should understand that the austrian school is not taken seriously, partly for the reason i outlined above. it's more akin to reading tarot cards than it is to actual economics. but please, enlighten me, buddy. explain to me how something that does not even engage with empiricism is somehow a higher school of economic thought than *actual* economics (i.e. keynesian). oh, and please let me know what your academic background is. do you have a degree in economics or are you just some braindead blowhard who gets his info from watching youtube and reading trite opinion pieces by fellow libertarian blowhards?
yeah, i agree with a lot of that. i thisagree that that is the only intrinsic value of bitcoin though. i think the value is all derivative of its decentralized consensus. it's a tool for establishing consensus regarding the information stored on the blockchain. that seems like a valuable tool... ... but to think that it completely negates the role of central banking and other monetary and economic tools at our thisposable is laughable. or at least it is a totally baseless argument. i've never seen anyone actually back up this pro-bitcoin, anti-fed argument with actual facts and sound logic. usually it is just braindead, get-rich-quick types espousing the same old talking points.
when you get down to it there is not anything that has value that is not of little actual intrinsic value. a flat screen tv is only worth what people agree it is worth. what people are willing to pay for it. gold has very little value from an industry perspective. you cannot eat it or use it for every day things. but it is value is based on the collective psychological value that people place upon it. and it is supply is rather fixed. we cannot simply print more gold. so when you invest in bitcoin what you are really doing is believing that the world is going to find it more valuable in the future than they do at this moment in time. the reason people like it as an alternative to dollars is that they do not trust their government. perhaps we'd trust our government more if they did not lie so much. but of course all crypto is a form of fiat. some cryptos even mint higher and higher supplies just like fiat. but there is a reason why rich people do not leave all of their net worth in dollars. it's not a smart or safe way to store all of your wealth. bitcoin is one of many alternatives to trusting your government or fed with the value of your net worth. people here do not hate dollars. we all want more dollars.
i never said it was. but the fantasies that a lot of people here have seem to involve the economy collapsing, bitcoin mooning and them becoming part of a new elite class, while no-coiners suffer like peasants. it's pathetic, ridiculous, self centered and a lot of other things.
or the us government can take back control of its money instead of letting a private entity run wild with it?
china has some of the largest gold reserves which are denominated in - you guessed it - usd.
which is probably why the democrats want to spend and print so much money.
its funny how lil babys came from the nothing saying that they know me. maybe you dont know an alpha male, or maybe you deny their existance so you dont feel bad when you have control of nothing of your life, being unprepared and trusting in help outside you. lame of you, keep praying.
what kind of movie armaggedon you are talking about? im not worry about robots, im worry about the usd scam emission, the feds, the guys who print money and give it to dictators to keep us working for them for nothing. the money its not backed by gold and their emission are endless, be real and grow your mind
my credentials are way higher than bill gates and tesla, so dont worry about it. it was a scam that it help to select minds, only work for those who fail on it. those who get an over debt for theirs lives. its lame again that you use an adhominen, do you know how it works? or what do you learn on your phd, maybe you learn that its a way to be better than others? (sorry for you bro, its not that way... now work for pay your scam phd on lame worker.
i didnt say it is simple to be a bitcoin millionaire, you did.
that's all you can do for thispelling the claim that bitcoin is printed from thin air?
to quote the big short 'seeds are going to be the new currency'
i have a sweet gum tree in my front yard. i'm gonna be a gozillionaire.
the maple in my front yard got mauled by a deer ☹️
pfft... maybe in canada... we do not recognize maple leafs as currency down here in the south.
this is fascinating, can you tell us more please...
right, i do not thisagree with all that. but i think the main point in the btc community is the overprinting of dollars. the figures are showing an immensely huge amount being injected without the necessary 'value' behind it. therefore bringing its value down... so i was interested at your opinion. problem i find is it is very difficult to find good criticism on btc. those involved are obviously very biased, and the haters just hope it crashes, without providing constructive counter arguments of why it should not't.
then leave dude lol
i'm still watching because i'm interested in the ongoing tether debacle.
imagine taking a joke seriously. everything okay at home?
you can look at this page to check about some of the predictions as for the praxeology, thats not something to admit. it is a well know fact it is used in austrian economics. austrian economists for example debunked the surplus value theory, instead they proposed subjective theory of value, they came up with the marginal utility, which is being used even in mainstream economics. do you not consider these a valid economic contributions? if your only criteria to judge the thought is wheater it is or not empiric, than austrian aconomics is not for you. but it is not sufficient criticismfr to thiscard these ideas. see again the major austrian contributions to economics which are generaly accepted. i have studied economics but i am not an academic. but it doesnt matter. an argument doesnt need a title to be valid amd absence of the title doesnt prove any idea wrong.
> i think the value is all derivative of its decentralized consensus. it's a tool for establishing consensus regarding the information stored on the blockchain. that seems like a valuable tool... it's extremely valuable. but it is not unique to btc. i think of btc as a proof of concept more than an workable store of wealth. i certainly could be wrong. i suspect that blockchain tech will be embraced by central banks and national economies as a way to streamline global trade and more. especially because the average person is not going to want to assume the total risk and effort of security required to fully adopt a totally decentralized currency.
i could not put it any better, & i just wanted them to read this & remember.
why? according to who?
😂yeah the alpha male who spends his time crying on reddit about how the revolution is going to be here any day now... shouldn't you be wrestling pythons and killing grizzlies with your own bare hands, tough guy? it'll certainly be some cosmic justice when your meathead mentality gets you killed within the first 5 minutes of a conflict. wannabe tough guys are almost always the first to go down.
i'm worry about your writing skills, or lackthereof. >the usd scam emission, the feds, the guys who print money and give it to dictators to keep us working for them for nothing. lol, you are a total npc caricature. let me see your ron paul tattoos, you fucking clown. 😄
> my credentials are way higher than bill gates and tesla 🤣 okay, let us see them. >o what do you learn on your phd, maybe you learn that its a way to be better than others? (sorry for you bro, its not that way... now work for pay your scam phd on lame worker. i do not have a phd, but even with my lowly undergrad, i certainly learned enough about the english language to not type out gibberish like this. what are you, a middle school dropout or something? why is your writing so incomprehensible?
i know i know 😂 but i just gotta get a printer(mining rig) and electricity, that is basically it. thanks for coming in here and teaching us all of this 🙏🙏
bitcoin is not printed lol
sadly i do not think i've seen that movie
at least you do not have to clean the leaves up... too bad you would not be a millionaire.
> this doesn’t negate all the bashing of the us central banking system that goes on around here. nor should it, in my opinion. i did not say that it should. the point is that this "bashing" is usually just armchair economists who do not actually know the first thing of what they are talking about. i would put you (and i in this category). unless you have a phd in economics and work in the field... then your pontificating is probably baseless and stupid. which is why *deference to expertise* is a real thing. >if you are unaware of the many ways in which the fed manipulates and funnels money out of the us economy, then i quite simply don’t know where to start. i’d suggest they google can be a valuable resource though, if you choose to utilize it. i can almost guarantee you i'm more informed on the topic of economics than you are. i have two good friends who are econ faculty at prestigious schools. if you have evidence, post it. but "use google" is weaksauce, bro. >“fiat” does not necessarily mean issued by a government. it just means not backed by a physics resource, although it’s usually backed by a government because until recently we haven’t had the technology to back a currency any other way. what fiat is not ultimately backed by government institutions. even gift cards are ultimately "redeemable" through the court system. what other fiat monies are you referring to? >i thought i was conceding a point to you on this one, but you again just seem determined to argue with me. if you don’t call it fiat, what would you consider bitcoin to be? i mean... i do not care what you call it. i would describe it as a sovereign-free network. >what, like any other investment in a commodity? what point are you trying i make here? everything comes with downsides. does that automatically make the federal reserve the pinnacle of honesty, good will, and stable fiscal policy? huh? my point is that deflation is a legitimate concern, more of a concern than stagflation many would argue, and bitcoin is deflationary, yes? >i don’t get what point you’re trying to make here yeah, i can tell. >other than “fed good for some reason” i would never make such a reductionist claim. are you saying that fed = bad? where do you think the economy would be in 2021 without central banking and fiat? you honestly think we'd have a *more* advanced economy? 🤨 if so, you are espousing ridiculously heterodox views. very few, if any, economist would agree with such nonsense. central banking has been a powerful tool for stimulating economic growth. if you want to argue against that, by all means, i'd love to hear it. but use an actual argument instead of this baseless appeal to emotion bullshit. you sound like every other ancap fear mongering idiot. if your not an economist working in the field, perhaps you should get some humility and come to terms with the fact that you probably do not know what the fuck you're talking about. economics are complex.
the value of dollars are backed by the total production of the economy. some would even argue that part of the issue with wealth inequality is that there aren’t enough dollars. production increases since at least the mid 90’s out paced the new money injected. it’s one of the reasons qe post 2008 didn’t already trigger inflation, it’s one of the reasons we had what 5-6 trillion in stimulus and the talking heads are just now worried about inflation. the biggest issue with the fed isn’t that they cause inflation but that they get to pick who gets first dibs on new money allowing them to take a cut, in terms of interest mostly but other benefits as well. look at what happened to the economy and income inequality with all that new money going to people instead of banks and investment houses.
i'm bullish on bitcoin myself. i'm just not necessarily bearish on usd or anti fed. also what is "overprinting"? how do you determine when the fed is overprinting?
what's the joke? the video? yeah it is funny and clever. what about the subsequent comments? and why are you so butthurt about being called out? is everything okay at home?
> you can look at this page to check about some of the predictions > > literally the second paragraph: >>mportant note: austrian economists, as austrian economists, or praxeologists, **do not predict**. they can predict not as formal economists, or praxeologists, but, rather, in their role as thymologists, or economic historians. in praxeology, a causes b, other things remaining the same. but, in the real world, other things cannot be relied upon to always remain constant. therefore, predictions of the "a will necessarily lead to b" type are strictly prohibited. instead, praxeologists, but not thymologists, must limit themselves to statements of the if-a then-b variety. >as for the praxeology, thats not something to admit. it is a well know fact it is used in austrian economics. that it is not empirical? lol, yeah it is well known, which is why austrian economics is considered pseudoscience. >austrian economists for example debunked the surplus value theory no they did not. >instead they proposed subjective theory of value and failed to demonstrate anything empirically, as they openly admit. >they came up with the marginal utility, which is being used even in mainstream economics. that's a total lie. the concept of marginal utility existed long before the austrian school did. also, austrian economists do not test anything empirically, so it is moot anyway. again, this approach is no different than reading tarot cards. it's just made up woo woo, with no basis in facts, reality or empiricism. >do you not consider these a valid economic contributions? i consider you to be a liar. >if your only criteria to judge the thought is wheater it is or not empiric, than austrian aconomics is not for you. but it is not sufficient criticismfr to thiscard these ideas. see again the major austrian contributions to economics which are generaly accepted. it is absolutely a fair criticism that debunks the entire field at large. it's nothing but unfalsifiable pseudoscience. and to what extent their ideas were accepted into modern economics (i thispute this as well), it is only accepted on the basis of empiricism, which austrians reject, as we've already thiscussed. >i have studied economics but i am not an academic. meaning what? you took econ 101? wow, bro. congrats! good job "studying" econ. >but it doesnt matter. an argument doesnt need a title to be valid amd absence of the title doesnt prove any idea wrong. it does matter. you're arguing fringe, heterodox position and therefore the burden of proof is on you to make a substantial case. so far, you've just alluded to a bunch of random praise and lied about what they have and have not actually contributed to the field of economics. austrian school is a joke. it's like acupuncture. just a bunch of hand waving nonsense with none of the rigorous econometrics and empiricism that drives that **actual** field of economics. go clown around with this bullshit to someone more gullible. even your own sources says that the austrian school does not make predictions. remember that. you thismantled your own argument with a piece from the *mises institute* of all places. what a fail! 😄
according to the rampant printing and the debt.
true that is an issue. perhaps it could be like a union kinda like the eu. where each state could cooperate with each other and could also have a military pact, where if one state gets attacked then all the other states have to help defend that state which is being attacked. but there is still some issues with that also
right? lets go back to feifdoms!
its funny the definition of alpha male, way ahead of what it mean. your concept its so gay and "macho". be happy and marry one of them as you would love, thogether holding theirs pythons bare hand. and well be ready and keep holdings usd, that what the monkey learn in the cage. plot twist, feds are not the center of the word, and the word will keep runing without them, and if there is sny war, the feds are behind.
clown? (definitely you live in a yankee bubble, who learn about being conceited and do not learn any about usa fueling guerrillas in south america and get it the banks (same that happen in iraq and iran). bro stop wasting air and start to find information. dream a better and complet yourself.
maybe because english its my 4th language and i keep still get a thiscussion with a moron head, who doesnt know any outside her bubble.
you should, it is awesome.
the note clarifies how not to expect exact empirical predictions. after the 2nd paragraph you can see the actuall predictions. your only argument seems to be " its not empirical so it must be wrong." i call this an empirical bias. value theory - who debunked it and when in your opinion. or do you consider it to be still valid? subjective theory of value - whats your alternative? marginalism - my bad. you are right it existed before but still they contributed greatly to this. anyway, lets assume ae is bullshit as you are saying. what is your explanation for the mess the world economy is in? do you think everythink is ok? rising national debts ok? wealth inequality ok? and what is your argument regarding central banks? why do we need inflation. is cpi a good tool to use? why do we need central planning for prices of consumer goods and unemployment? i am sorry if i assume something whats not your opinion, please correct me and explain. i am willing to change my mind.
what rampant printing? what debt? how are you quantifying these and what makes collapse inevitable? please cite some actual evidence and form a coherent argument instead of just pulling shit out of your ass.
dude you literally just described united states. dont let libertarians convince you their ideas are good.
again, it is remarkable how poor your writing skills are. maybe you should cash out some bitcoin and hire an english tutor. >plot twist, feds are not the center of the word, and the word will keep runing without them, and if there is sny war, the feds are behind. 🤷‍♂️
what makes you think i'm ignorant of us history?
what's your primary language?
lmao, im just thankfull you are so kind as to enlighten us crypto plebs with your knowledge (you just seem so smart), thank you, pls keep spewing facts in this and similar subs we need it! :-)
i'll have to check around for it! i just looked it up and it looks dope
> alright. i’m getting sick of this. i’ve already said everything i needed to in my other comment to you. you keep calling me an “armchair economist”. i’m not sure why you see that as such a bad thing. i’ve learned about more subjects than just economics, as you have apparently not done, and it has given me a balanced view of the world that incorporates history and common sense. if you really are such a highly educated economist, than i would invite you to explore the idea that your specialization has made you myopic. > > dude, we *all* strive to do this. and when lay people (such as ourselves) subscribe to **orthodox** expert opinion and scientific consensus, then there is not really much to thiscuss. but if you're espousing **heterodox** assertions, then the burden is quite high in order to justify those claims. there is not much more that need be said. you're making a heterodox case and your "citations" are just blogs and opinion pieces. >until blockchain lol, the fact that you use language like this suggests to me that you *also* understand very little about bitcoin, putting economics aside. "blockchain" lol! i bet you think a dozen different shitcoins are the next big thing. 😂 >wow. so anyone who doesn’t have a phd in economics doesn’t know what they’re talking about? i mean... yeah. sort of. economics is complicated, like many other fields. do you also pretend to be well informed about rocket science? quantum physics? neuroscience? >can’t get more elitist than that. do you also dutch oven yourself because you enjoy the smell? how is that elitist? that's just how knowledge fucking works, sorry to break it to you. are you such a dumbass that you think sitting at home reading austrian school opinion pieces makes one an expert? it's fucking insulting that you think trained economists are not better suited to answer economic questions than some jackass on reddit. >seriously, get the fuck over yourself. what are you talking about? i'm not claiming to be an expert in economics, you fucking idiot. i'm arguing for **deference to expertise**. get that through your thick skull once and for all. >economics is all theory anyway. no. economics is informed by **data**, you clueless dolt. at least neoclassical economics is. austrian school economics is more like tarot card reading. >don’t pretend you have some deep understanding of the world that the rest of us don’t. who is "the rest of us"? stop putting yourself on the same level as **actual economists**, you inane blowhard. it's fucking incredible that you have the audacity to pretend like you know better than mainstream economists. >it takes humility to expand one’s views of the world, and you apparently have none. look in a mirror, you heterodox, close minded fuck. >humanity is complex. yeah, which is why armchair economist retard likes yourself are deluded in thinking that their lay person understanding of economics is worth a damn. seriously, go pontificate to someone more gullible. i'm sure you can brainwash plenty of people with your austrian, heterodox hand waving. but i'm not falling for it. sorry.
that's hyper inflation. since when is the us experiencing **hyper** inflation? i've seen absolutely no evidence that such a thing is occurring, but please link me to evidence of you have any.
> the note clarifies how not to expect exact empirical predictions. after the 2nd paragraph you can see the actuall predictions. > > those are just random predictions made by people who called themselves austrian economists, they are not predictions made by the school of thought itself, which is explicitly non-empirical and unfalsifiable. >your only argument seems to be " its not empirical so it must be wrong." i call this an empirical bias. 🤣🤣🤣 guilty as charged, i guess. do you really not understand the importance of empiricism, testability and falsifiability? are you a total rube? do you know nothing about the scientific method? >value theory - who debunked it and when in your opinion. or do you consider it to be still valid? >subjective theory of value - whats your alternative? >marginalism - my bad. you are right it existed before but still they contributed greatly to this. these are all red herrings. i'm interested in thiscussing why austrian school is total pseudoscience, not the validity of a hodgepodge of economic concepts, which so called "austrian economists" may or may not have contributed to. >anyway, lets assume ae is bullshit as you are saying. it not an assumption, all you need to do is look at how the school (which is not even really a school these days anyway) operates. it does not use rigorous math, data and analysis the way real economics and other sciences do. >what is your explanation for the mess the world economy is in? what mess are you referring to? and obviously, this question is not easily answered in a reddit comment. also, it is completely off topic. first and foremost let us establish whether or not austrian school economics is quackery. >do you think everythink is ok? "everything"? no, certainly not. >rising national debts ok? so what? you think national debt is a bad thing? oh right... you're an austrian simpleton... >wealth inequality ok? i think wealth inequality in the us is extreme and unhealthy. >and what is your argument regarding central banks? why do we need inflation. is cpi a good tool to use? why do we need central planning for prices of consumer goods and unemployment? again, these questions far exceed the scope of this conversation. stop getting off topic. focus on whether austrian school is quackery or not. explain why you think that empiricism and testability are not important principles of a science like economics. >i am willing to change my mind. are you actually? [can you read this?]( how do you refute the main objections to and criticisms of austrian economics? please stop going off topic with red herrings. let's first finish the thiscussion on whether austrian school is pseudoscience or not.
if you're just going to be a cunt go away.
nope because in the us, states don't have full sovereignty. and each year the fed is becoming bigger and bigger. fuck the fed.
yeap i learn talking with foreigns, showing them that not are the only thing in the word. and without the feds the word will be great. sorry for my bad writing skils and thanks for show me how blind its the fait in some lame people.
dont knowing that usd feds gives loans to dictators in south america and middle east.
sorry i do not flirt with terrorist of freethinking.
if i ever have doubts about why i invest in crypto, i watch the big short, and immediately buy more.
i can "admit" ae does not use the scientific method as in hard sciences. because in economics its not viable to use it. empiricism is hard or maybe impossible in economics because you cannot repeat experiments in the same conditions. there are too many ever changing factors. so i will say ae isnt scientific, but i think it still can provide a lot of valuable insights to our reality. edit: using these lens, mainstream economics too doesnt use proper scientific method tho. will you call it pseudoscience too?
how am i being a count? i'm just asking you to substantiate your claims with evidence, numbers and a coherent argument. is that really too much to ask?
right. full sovereignty is what already did not work bud. that's just feifdoms at this point. you do know that the fed isnt actually the government and that what a federal government provides is more than just money?
kentucky, mississippi, and oklahoma are proof enough that states should not have sovereignty. if anything, we need a stronger federal government to ensure less petty stupid shit happens at the gubernatorial level. and so that the strength of the public interest rivals the combined power of large corporations, a dynamic that the us is sorely lacking in.
without the fed the world would be great? can you explain that argument?
what does that have to do with the role of the fed? do you even understand the difference between monetary and fiscal policy?
excellent! i usually come to a crypto sub and just read about the destruction of the dollar, then cry in low income, and then buy more crypto lmao
> seriously? you have a problem with me talking about blockchain technology? in r? and that’s the best argument you can make?? decentralized ledgers are a good technology for keeping track of money. simple concept. does that make it any easier for your damaged brain to understand? > > lol, you still do not get it. there are not multiple iterations of "blockchain" that actually serve this underlying purpose (to establish decentralized consensus). there is only one. talk about lacking humility. you cannot even fathom that you might be spouting nonsense, you just assume that everything you say is legitimate and somehow profoundly informative. in reality, you just reek of self assured sophistry. >i offer an opinion in that which i’ve studied sufficiently to formulate an opinion on. if you have a problem with that, reddit is the wrong fucking place for you bud. how sufficiently? do you have actual coursework on your cv? or are you just referring to reading shit online? you understand that a lot of economics is computational, right? do you have background in that area? >first, you have repeatedly claimed that your opinion is more valid than mine based on my lack of an economics degree. if you do not have one either than i invite you to shut the ever loving fuck up. **bro, are you a fucking retard**? do you really not understand the difference between defaulting to being deferential to scientific orthodoxy versus **espousing a heterodox view, insisting that you're correct, and refusing to sufficiently substantiate your heterodox claims**? do you even understand what heterodox means in this context? ffs >if your whole argument is “you should just blindly listen to experts and not think for yourself,” than you’re just plain ignorant in addition to being an obstinate assclown. did i say "blindly" listen to experts? no. i said *deference*, you illiterate fuckup. learn what words mean. >i simply stated what i believe and made a case for it. you call that making a case? talk about the soft bigotry of low expectations. 😆 >in the end though, as much as i can’t fucking stand you, i still pity you for your blind allegiance to others based on their education and degrees. again, there is nothing "blind" about it. i said deference. learn what words mean. >your exemplify the mindless american who has been too beaten down by the system to formulate their own opinion or find their own way. it’s fucking sad dude. i can’t imagine living life like that. lol, look in a mirror, retard. you're the one promulgating a bunch of hand waving gibberish based on your own praxeological interpretation of "austrian school" economics or what have you. >anyway, i am sick of arguing with your ego. you are a waste of my time and energy and a buffoon. kindly fuck off now, and enjoy being jerome powell’s mindless little dick sucking bimbo u mad, mr. clueless armchair economist? log off reddit and go read a book, you bumbling moron.
> not necessarily. yes it is. what you described in your above comment is hyperinflation, which is not something that we're anywhere close to experiencing in the us. >inflation can do a lot of damage before it reaches the point where it’s considered “hyperinflation.” such as? also, what about the benefits of inflation? are you suggesting that there is no utility to having modest inflation levels? because i'm pretty sure that economists largely agree that normal inflation levels are not a fundamental concern and that inflation has its place. >when you look at countries who have experienced it recently, like venezuela or zimbabwe, hyperinflation happens gradually before it really hits suddenly. “gradually and then all at once,” as the saying goes. how does that connect to the us? can you explain? seems like hand waving. >we’re technically not, yet. again there’s no thistinct defining line so it depends on who you ask. a cursory google search turns up lots of clear concern about us hyperinflation, however. take a look at this, or this, or this. you may have seen “absolutely no evidence,” but clearly many others have, and are concerned. lol wut? your "evidence" is a youtube video, a blog post and an article from the epoch times? 😂 sorry, man. i do not get my opinions from random junk pieces online. i'm deferential to **the actual field of economics**, not some random opinion pieces you found online. you realize that you can find opinion pieces saying just about anything and everything, right? >to further back up my sources, just in case you haven’t seen evidence of the rest of my statement: according to usdebtclock.org, the current us national debt is ,363,489,599,xxx which, if you look at the gdp of the major world nations, is bigger than all of them. wait... are you comparing absolute debt instead of relative debt? that's beyond ridiculous, but even if i grant this absurd premise, what does that have to do with anything? why is running debt a bad thing? you know that many economists think that [running national debt is a good thing]( in part because it entangles vested interest in the us economy. and the us is in a great position to carry debt, because out bond market is second to none. >please tell me more about how you’ve managed to not see any evidence of any of this. i'm sorry, but you seem like a prototypical armchair economist. have you actually gone to school for anything related to econ? i'm guessing not. and forgive me, but people have been calling doom and gloom on the us economy and the usd for many decades. those predictions have not played out and i do not see anything fundamentally different now. it seems like you get your opinions from heterodox nobodies, whose whole schtick is to fear-monger about rather banal economic principles. that's their brand, that is how the promote themselves and make money. that does not mean they are right though. >furthermore, “fifty-three out of 63 commodities monitored by the world bank were up in price in december 2020 compared with the same month a year earlier.” oh really? i wonder if that has anything to do with a fucking global pandemic that caused all sorts of supply chain issues and generated all sorts of market inefficiencies? 🤔 come on, bro. you clearly are just buying into fud. except it is not bitcoin fud, it is usd. same shit, different side of the coin. try thinking for yourself and actually engaging with actual economics, not random opinion pieces from fearmongerers who have little to no idea what they are talking about. bottom line, inflation in and of itself is not necessarily a bad thing. in fact, it can be considered a *good* thing under certain circumstances. that does not mean **hyper** inflation or stagflation is a good thing, but we are not there yet and there is little to no reason to believe we're headed there any time soon. if you want to be concerned about something regarding the us economy, take a look at [the faltering us education system]( the fact that our primary education system sucks and that our students are falling way behind other developed countries should be extremely concerning for a number of reasons, not the least of which is that we are not doing a good job training future participants of the economy, which itself is changing rapidly. if you want to champion a doom and gloom cause, you'd probably be much better off spreading concern over how few resources we invest into childhood education. ever seen idiocracy?
> because in economics its not viable to use it. lol wut? explain that. >empiricism is hard or maybe impossible in economics because you cannot repeat experiments in the same conditions. there are too many ever changing factors. that's not how it works and suggests that you really have little to no understand of how economics actually functions. maybe instead of spending your time on reddit, you should read that piece i linked to, which is a carefully constructed critique. >so i will say ae isnt scientific, but i think it still can provide a lot of valuable insights to our reality. through praxeology? get real, dude. austrian economics was a sham and does not even really exist today. anything useful that rothbard and others contributed, simply got rolled into neoclassic modern economics, which is what the *vast* majority of economists engage with today. you said you were open to changing your mind, but it does not seem like that at all. you did not even bother to read or respond to the piece i linked to. it seems like you just desperately want to hold on to the idea that austrians got it right. they did not. it's quackery. it was then and it is now. and this bullshit about empiricism and predictability not being viable for econ is just fucking absurd. i know that you feel big brained because you took econ 101 in freshman year of college, but get real. you do not know the first thing about econ and yet you're decoupling empiricism from the field? get some humility, mate. you do not have the slightest clue what you're talking about. leave the economics to actual economists.
financial reddit is such a shitshow sometimes. it's gotten much, much worse since gme, but it was always bad.
noooooo we need wayyyyy less control from the fed lmao. the politicians in dc do not give a fuckkkk about most of the states.
maybe you should start to search more about: how the central bank expand in south america and middle east and connect dots that show how fiscal policy run behind the monetary policy. how and why countrys in south america and middle east start to use usd currency after their war or revolutions. and how and why work the loans with less developed countrys, and why they use usd after their financial crisis. this will help to get a better view of the influence of the feds in almost all the politicians.
i have already admited ae is not scientific, thats what you wanted isnt it? i am not going to argue otherwise. i am reading your piece, but it will take me some time 🙂 anyway, you keep telling i dont have a clue about economics etc. so tell me how can you make a scientific experiment in economics field? do you have an exaple? also, are there any "laws" (considered facts until falsified) simmilar to physics laws?
true dat. there are some really knowledgeable people on reddit but they are usually drowned out by total clowns. actually, society at large works like this. everybody thinks they are an expert on everything. in reality, it is only really possible to be an expert in one or two things and it takes a lifetime of training and research to reach that point. most people who pontificate online likely have little more than an undergrad degree in psychology. edit: i myself am guilty of this myself on many occasions.
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if we fixed gerrymandering and skewed voting, they would. politicians do not have to give a fuck when their elections are as safe as they are. make 'em all close calls, make 'em sweat, then they would work for us.
wait... so your argument is that because *some* central banks have acted maliciously or carelessly in the past... that means that central banking as an institution provides no value? what a huge leap in logic. 😆
> only one blockchain? can you cite a source for that claim?? in case you don’t understand, blockchain is a type of technology, not a singular thing. holy shit. 😁 i knew i was arguing with an idiot, but i did not realize it was this bad. go read the white paper. bitcoin ("blockchain") was conceived as a unified consensus protocol. the fact that there are countless forks and clones of bitcoin does not negate this fundamental premise. know anything about metcalfe's law, retard? are you an expert in graph theory in addition to economics too? 😆 >storing different types of data and backed up on different computers. lol, you sound like you've been following "crypto" for very short period of time. >for that matter, cite me a source on anything. why? what's the point? you seem entirely close minded and full of uncorrectable biases. >let me look at something that says how perfect the federal reserve is but that is not my argument. once again, more strawmanning. >any of the dumbfuck arguments you’ve made this whole interaction. dumbfuck arguments? dude, everything i've said is just basic econ 101 . i'm not saying anything controversial and if you think they are "dumbfuck arguments", then go complain in . >sorry, but spouting argumentative bullshit =/= substance. put up or shut up. what substance are you even looking for? you keep strawmanning my position and then asking for evidence of those strawmanned positions. >not that it’s any of your damn business, but i have degrees in anthropology and ecology and i’ve taken classes in economics to study it with a historical perspective, through an anthropological lens. i continue to read and study, and have formulated my opinions based on all that experience. i am, however, always open to adjusting my opinion based on new evidence, if and when it is presented to me. what the fuck credentials do you have? cool story, bro. [here's an example of curriculum covered under a phd program for economics]( what percentage of this coursework have you completed? virtually none, right? **so what makes you think you are wiser than mainstream economists**? >you have repeatedly made the case that i should just listen to experts and that my opinion is invalid because my education differs from theirs. nope. once again you have misrepresented me. >that’s not deference, that’s dogma. blind deaf and dumb as you are. since when am i arguing for dogma? show me where i argued for dogma? >seriously, please stop wasting my time and go fuck yourself with a chainsaw. u mad, sophist? before getting your econ phd, maybe you should try learning a bit of graph theory and understand metcalfe's law and its relevance to bitcoin. that's certainly a way easier task than becoming a qualified economist.
> our national debt growing bigger than the gdp of most counties, which is a fact. > how is this material to the concern you're presenting? yes, there are small countries and large ones. the us is a large one... what is that supposed to indicate? >purchasing power starting to drop so that people cannot afford what they need. been to grocery store recently? filled a propane tank recently? built anything that required lumber recently? this is also clearly a fact. what makes you say this is some sort of inflation issue and not just a temporary bump in prices due to shifting markets? >when the market prices of commodities start rising together. this is also very clearly a fact. just look at the price of almost any major commodity. ... again, what are you trying to imply here? that markets are always supposed to be priced in fixed terms? prices go up and down all the time. the pandemic threw a wrench into the system and trump and republicans did not do enough (or much of anything) to mitigate the damage. we are now seeing prices rise on certain commodities because of evolving markets coupled with the reopening of many sectors of the economy. >if you want to label that “hyperinflation” and then stick your head in the sand and insist that none of it is happening because you don’t think “hyperinflation” is an issue, than there’s no point arguing with you. it doesn’t change the world we live in one bit, and all of the above is still just as real. i'm simply trying to get you to argue with actual evidence and analysis, instead of this hand waving bullshit you've been promulgating thus far. >of course some levels of inflation are good. everything can be good in balance. of course commodity prices rising has to do in part with the pandemic. i never said otherwise. you can pick out details and bash my sources and insult me all you want, but you shouldn’t need a phd in economics to recognize that exponential growth in an unlimited world coupled by exponential printing of fiat currency are unsustainable practices that are going to lead to inevitable conclusions. wait a second. i'm certainly not arguing that unconstrained growth is not concerning, but that is entirely orthogonal to hyperinflation. i thought we were talking about hyperinflation and inflation? i would certainly argue that they way our economy is designed is problematic and unjust, but i see no reason to pin that blame on the federal reserve or inflation. >we are not running out of copper and silver and propane and so many other resources just because of the pandemic. we are not seeing prices rise just because of the pandemic. the pandemic exacerbated things, absolutely, but let’s not pretend that humanity, as it existed 18 months ago, was doing great and stable in the long run. just because you want everything to be fine doesn’t make it so. i'm not arguing that. i'm arguing that central banking and inflation are not inherently bad things. you're strawmanning me. >more than a quarter of all the usd ever created was printed last year. does that seem just fine to you? actually yes. i do not think you understand central banking **at all**. no offense. neither do i, really. it's a complicated system... which is why we have people who devote their lives to studying economics... i'm first and foremost deferential to expert opinion, especially when heterodox views do not seem credible. but if you can present a solid argument for why the federal reserve is doing bad things or that we should not have central banking at all, then by all means i will change my mind. but i have not seen that evidence. and it is pretty ridiculous to claim that our economy would be stronger without the role of the fed. the actions of the fed have rapidly expanded the economy and that is just a fact. >every single fiat currency in human history has eventually hyperinflated and become worthless. says who? ron "i do not have a phd in economics" paul? get real, armchair economist. you have not the slightest clue what you're talking about and you get your info from reddit and youtube videos. >do you really believe that the us dollar is so amazing that it will be the first fiat currency to remain stable ever? bro, fiat currencies have not been around all that long. how are you claiming to predict the future on something that is still nascent to civilization. >not to appear callous, but so what? what does that have to do with what we’re talking about? are you serious? do you not understand that the economy operates on other fundamentals besides just inflation rates and monetary policy. how can you not care about a rudimental issue like education, but instead be highly concerned about a boogeyman hyperinflation scenario? >trying to argue with me about random shit just thiscredits anything you’re trying to say about the actual topic at hand. if your main argument can’t sink or swim on its own, then it’s probably not worth making, eh? it's not "random shit". i'm sorry you cannot see the connection, as it could not be any more obvious.
> i have already admited ae is not scientific, thats what you wanted isnt it? i am not going to argue otherwise. > > so then what are you actually contending with? ae is pseudoscience and neoclassical economics is a real science. further, as you noted, some austrian economists did make contributions to neoclassical economics... which were incorporated on the basis of the melding of theory and data... which is the only reason we can understand them to be valid. >anyway, you keep telling i dont have a clue about economics etc. so tell me how can you make a scientific experiment in economics field? do you have an exaple? have you read [freakanomics]( i feel like this is a good primer for economic thought and it is an entertaining, light read. economists use a variety of mathematical and statistical tools to analyze data, run controlled experiments and conduct inductive reasoning based on collected data (especially wrt macro economics). i myself am neither a mathematician, a statistician or an economist, so i do not really feel comfortable thiscussing the intricacies of the research, but there are plenty of famous papers that you can read through if you're interested. or go to the ask economics sub and ask for some guidance there. and while you're there, ask them what they think of the austrian school. >also, are there any "laws" (considered facts until falsified) simmilar to physics laws? you mean axioms and corollaries? yes. again, if you're actually interested in this stuff, i would go seek out the opinions of actual orthodox economists. (read: not austrian school quacks). much has been written on this topic or you could go pose your questions in . you will certainly get more informed takes there, but i guarantee you that you will hear similar thismissals regarding ae.
i guess that would work somewhat. but that still does not fix the issue with the growing fed and them crushing more and more state rights.
why you are so blind and dumb, please do a research for your dignity. and there is no "some" banks when we are talking of the federal reserve. learn about gold backed money and how the money its worthless when its printed endlessly, and why devaluation its the opposite of a commodity. please stop of being so ingnorant and focus on win a "thiscussion", it make you so yankee.
freaconomics? i dont think this book is a good example of scientific method in economics. i am not saying its not interesting or valuable but scientific? this is not pseudoscience in your opinion? well i agree with you that ae is not scientific but i have a lot of doubt about the other " propper" economics being scientific. just because someone uses some empirical methods doesnt mean it is propper science. since you say you are not knowledgable enough in the field and me neither, than we probably have nothing to thiscuss anymore. but i would like to know than if you insist that central banks are needed in the economy and if money needs to be controled by government. at least thats what i assumed from your posts in the beggining of all this.
don’t even waste your time on this guy. he is a troll.
you just keep telling me to "learn about" stuff, mostly stuff i'm already reasonably familiar with, instead of actually explaining a coherent argument. this is prototypical charlatanism.
yikes, man. in addition to being totally ignorant and bizarrely self assured about your own opinions... you're also mad as hell that somebody called you out for your hand waving nonsense. >oh my god. this is just sad. do you really believe that bitcoin is the entirety of crypto? you know there are a bunch of other coins and projects right??? and they’re not running on bitcoin’s blockchain. this some super basic shit here buddy. those are centralized shitcoins. the might as well just use a public key encryption scheme and a database. it would accomplish the same thing and be a hell of a lot more efficient. get back to me when you understand metcalfe's law and the importance of decentralized consensus as it relates to "blockchains". until then, i cannot help the helpless.
> i’m clear that you’re fully indoctrinated into the mainstream story and likely thisagree with me, but i invite you to look into all this for yourself. this is all very readily available information. > > this is *classic* conspiracy theorist hand waving. "just look into it, bro" i'm sorry, but your argument sucks, your "citations" are popsci opinion pieces and your views are extremely heterodox. on top of that, you are not an economist... ... ergo, there is no reason to take seriously anything you're saying. for what it is worth, you're largely espousing the typical views of the so called "austrian school," which is considered quack economics for good reason (mostly because it is not empirical or computational). if you want to be a mini ron paul and espouse these idiotic views from your armchair, be my guest. but until you can actually present a coherent argument, i just cannot take you seriously. keep masturbating to your own armchair pontifications though. i'm sure it is quite pleasurable. edit: btw: >there are dozens and dozens of examples of fiat currencies thorough there last couple of thousand years, and all of them eventually became worthless. this is not a long time, in the grand scheme of things and to say "all of them eventually became worthless" is entirely inaccurate and just goes to show how biased and "in the austrian bubble" you really are. **you literally sound like every other ancap. you're repeating the same talking points, virtually verbatim.
> freaconomics? i dont think this book is a good example of scientific method in economics. > > why? >i am not saying its not interesting or valuable but scientific? this is not pseudoscience in your opinion? freakanomics is pseudoscience? it's been a while since i've read it, but how is it pseudoscience? most of the book thiscusses peer reviewed research, albeit in a narrative driven, "fun" way. >since you say you are not knowledgable enough in the field and me neither, than we probably have nothing to thiscuss anymore. except you're the one espousing heterodox nonsense. i'm simply subscribing to orthodox, mainstream understanding. do you really not understand the difference? >but i would like to know than if you insist that central banks are needed in the economy and if money needs to be controled by government. at least thats what i assumed from your posts in the beggining of all this. are they "needed"? what is that supposed to mean? i believe there is real utility that central banks provide to the economy, but i'm not really interested in arguing counterfactuals or optimization. i'm agnostic and open minded, but i remain committed to actual scientific inquiry, not hand waving bullshit like ae. it seems you were not interested in changing your mind after all, huh? you seem as committed as ever to ae apologetics.
bro, feel happy that at least i take my time to answer and trying to give information to a person who dont know shit about how the fed work but its still blind in faith to defend it. im not your teacher and im not banking by them to spread the misinformation. thats why i tell you search. for extra info, find me on patreon.
i cannot think of any experiment in freaconomics than can be replicated without changing the circumstances. ( different country, different time, different people, etc...) so it cannot be falsified can it? forget about ae i dont need to subscribe to it. i am interested in government controling currency and central banks. ae just happens to questuon these things as well. you said you belive central banks provide some utility. what is this belief based on? science? intuition? best guess?
can you point me to and resources? google is a big place.
> i cannot think of any experiment in freaconomics than can be replicated without changing the circumstances. ( different country, different time, different people, etc...) so it cannot be falsified can it? > > holy fuck. you are a clueless dolt. i cannot continue to try to make you see how mainstream economics *is not* scientific in its approach. >forget about ae i dont need to subscribe to it. i am interested in government controling currency and central banks. ae just happens to questuon these things as well. questions them through pure praxeologies, which is utterly useless. >you said you belive central banks provide some utility. what is this belief based on? science? intuition? best guess? the federal reserve impacts interest rates and serves as a lender of last resort. their mandate is to ensure normal levels of inflation and keep unemployment low. granted, my understanding of economics and the fed is second hand, there is widespread agreement **among actual economists** that central banking and control over monetary policy are useful tools for shaping the economy. whether that is good or bad or whether there exists greater utility in counterfactuals, that is open for debate. but are you implying that the fed is completely ineffectual? or that they are doing more harm than good?
google is a big place, but still it have information of both sides of the true. go and find it, the feeling of get information by yourself its tremendous. stop to think that you should receive the information processed as the phds do.
>the federal reserve impacts interest rates and serves as a lender of last resort. their mandate is to ensure normal levels of inflation and keep unemployment low. what is a normal level of inflation? and whats wrong if the inflation is lower or higher than that? any scientific explanation? the same question for unemployment. >there is widespread agreement among actual economists that central banking and control over monetary policy are useful tools for shaping the economy. so its just consensus of some people who call themselves economists. i thought this should be science based? >but are you implying that the fed is completely ineffectual? or that they are doing more harm than good? i have a lot of doubts and i am not aware of a good enough argument to allow such a major socialistic experiment with the whole countries.
do not throw your pearls before swine, or they will trample them under their feet, and turn and tear you to pieces
so you have no argument or evidence? okay lol
> what is a normal level of inflation? and whats wrong if the inflation is lower or higher than that? any scientific explanation? the same question for unemployment. > > that's not how it works. we select normative values first (based on general inference), such as 'unemployment should be below 5%' and then use economics tools (like econometrics, statistics, analysis) to understand how unemployment levels are causally related to other variables in the economy. >so its just consensus of some people who call themselves economists. i thought this should be science based? their viewpoints are informed by the scientific literature, just like in any other scientific field. my point is that *they* (not us) are the experts who have spent their lives studying economics. >i have a lot of doubts and i am not aware of a good enough argument to allow such a major socialistic experiment with the whole countries. huh? "socialistic"? and what evidence would suffice? in fact, more broadly, what evidence would convince you that ae is quackery? seems like your own view of this quack science is unfalsifiable, not to mention the school of thought itself.
i wish that encourage him to find for more about how fed work could be a little help for those who are reading it too. the truth its out there for those who dont read only the 1st page of google.
>we select normative values first (based on general inference), such as 'unemployment should be below 5%' well...here your scientific method goes out of the window before the experts even started. >their viewpoints are informed by the scientific literature, just like in any other scientific field. i thisagree with 'like in any other scientific field'. economics cannot compare with hard sciences. >huh? "socialistic"? yes, when a government is trying to control prices through inflation. i call it socialistic. if they try to control unemployment its also socialistic. the oposite would be if the inflation and unemployment was up to free market. maybe i can use another word but you get the idea. >and what evidence would suffice? i dont think such evidence can exist. maybe if we have 2 totally same countries with only 1 difference one with central banks and the other without , we could see what country is prefered by the people to live in. but such experiment is impossible. thus no justification for creating or keeping central banks and government money. i am questioning current status quo i dont need ae for it. focus on the points. what justifies the system in your opinion. it seems to me as one big socioeconomic experiment.
> well...here your scientific method goes out of the window before the experts even started. > > what? dude, get a clue, for real. if you do not understand that normative values are established prior to scientific inquiry... i cannot help you. you need to go back to middle school and learn about the scientific process. >i thisagree with 'like in any other scientific field'. economics cannot compare with hard sciences. economics is a social **science**. you've already admitted that ae is not a science. ergo, ae is not real economics. >yes, when a government is trying to control prices through inflation. i call it socialistic. if they try to control unemployment its also socialistic. the oposite would be if the inflation and unemployment was up to free market. how is that "socialistic"? >maybe i can use another word but you get the idea. maybe you can stop hand waving and admit that you do not understand much of anything. >i dont think such evidence can exist. so you admit that your views are unfalsifiable. lol, okay. >maybe if we have 2 totally same countries with only 1 difference one with central banks and the other without , we could see what country is prefered by the people to live in. how would that thisprove ae or neoclassical economics? >but such experiment is impossible. such an experiment wouldn't resolve the question anyway. >what justifies the system in your opinion. what system? what the fuck are you even talking about, bro? i'm starting to see that you really do not know anything. you cannot even seem to keep the conversation focused on one thing, instead you're jumping through a bunch of random hoops that you've set up for yourself in order to avoid answering the the primary question at hand. >it seems to me as one big socioeconomic experiment. what is? central banking? the economy at large? yeah duh. human life and civilization is one giant ongoing experiment. **i really think you do not even understand what economics aims to answer.** i cannot continue to have this conversation with you if you're unwilling or unable to move past the starting line. you seem unwilling or unable to acknowledge the thistinction between science and pseudoscience. and if we cannot reach an agreement there, i do not think there is any point trying to reach higher ground.
ok so what do you think we are arguimg about? my main point is to question if central banks and government money are justified or generally needed. do we need them? what aspects of our lives are positively affected by this system? is there any evidence this system is better than free market? how was the desired inflation rate and low unemployment goal chosen. isnt it just a randome goal?
the process of central banking has greatly increased the speed of growth of the economy. this is well established. whether that is a good or bad thing is a separate question. anyway, you're closed minded and refuse to even acknowledge that ae is quackery. so i really do not think there is much more to thiscuss. you're clearly set in your ways and seem unwilling to consider the reasons why your heterodox views are wrong.
i said many times it is not science. i dont even care about ae. call it whatever you want. >the process of central banking has greatly increased the speed of growth of the economy. this is well established. interesting, how do we know this?
> i said many times it is not science. i dont even care about ae. call it whatever you want. > > but econ *is* a science, whether you choose to believe that or not. >interesting, how do we know this? based on the multitudes of research present in the literature? such as: i dunno, man. not sure what your issue is here. are you really unable to do any of this research yourself? have you even bothered to *try* to look into any of this stuff yourself?
thanks for the suggestion i will try to see if this answers my questions. i am affraid this just compares less central banking vs more central banking. i would want to compare central banking vs no central banking.
man, for someone who was touting praxeology earlier, you have certainly changed your tune and are not hunting for hyper specific studies. didn't you say that economics is not empirical? also, why are you not able to find these studies yourself? do you not know how to use jstor or google?
well primarily i wasnt interested in doing a hardcore research. i was just wondering why do people defend central banking. or why do they consider it good. we ended up here (economic empirical studies) because you insisted this is the proper way to look at it and i assume this is why you defend central banks.
> i was just wondering why do people defend central banking. or why do they consider it good. > > that far exceeds the scope of this thread. if you want to learn more, either look into the literature or ask a qualified forum like . i've already explained this to you several times. >we ended up here (economic empirical studies) because you insisted this is the proper way to look at it and i assume this is why you defend central banks. what? "the proper way"? mean what? *science*? yeah, dude. science has proved enormously useful. are you seriously questioning whether science is more useful and applicable than fucking praxeology? get real, you dumb fuck. log off reddit and go learn something. stop wasting your time here on this pointless exercise. if you're interested in economics, go learn about it.
i was more interested in a random people reasons to defend central banking. my conclusion is you think of economic 'science' as some kind of religion which tells you this is good for you. because you said you dont understand the field but follow the mainstream orthodox economists because its science so it must be true.
> i was more interested in a random people reasons to defend central banking. > > defending central banking against what? >my conclusion is you think of economic 'science' as some kind of religion which tells you this is good for you. science is not religion, you ignorant simpleton. >because you said you dont understand the field but follow the mainstream orthodox economists because its science so it must be true. i said my understanding of the field is *limited* and that the rational thing for lay person to do is to be deferential to expertise. how on earth do you think that is controversial? were you raised by wolves? do you know anything about scientific credibility or bayes' theorem? what is the alternative? to believe in pseudoscience like ae?
>defending central banking against what? against not having any central bank obviously. it seems to me it is accepted as dogma that we need it. but for many centuries it didnt exist. >what is the alternative? alternative is to admit you dont know for sure weather its good or bad and stop treatimg it as dogma.
> it seems to me it is accepted as dogma that we need it. dogma? needed? no, it is accepted that that independent central banking confers *utility* (or effect, if you'd rather) and that is not based on dogma, that is based on research. >alternative is to admit you dont know for sure weather its good or bad and stop treatimg it as dogma. **it's not fucking dogma, you piece of low iq trash. economics is a science, whether or not you accept that.** unlike praxeological ae, which you support for some reason. **that is real dogmatism**. for fuck's sake, man. it's so obvious that you were lying earlier when you said you were open minded. you are anything but. you're just another closed minded dumbfuck who cannot even grapple with basic concepts and insists on promoting some of the most garbage pseudoscience ever. fuck off already. you are an imbecile and this conversation is a total waste of time.
>and that is not based on dogma, that is based on research. research in a field you admited have very limited understanding. therefore you should be either sceptical or admit that you accept the results noncritically. >it's not fucking dogma, you piece of low iq trash. economics is a science, whether or not you accept that. economics is a science, science is always true. economics says central bank good, so i believe it. hail science, our new religion.
>and are you suggesting that there is a giant conspiracy among economists no i dont suggest anything like that. i am just saying you are accepting central banking noncritically. because you treat science as religion. if you dont understand the field enough, than you should be sceptical. thats all i am saying.
> i am just saying you are accepting central banking noncritically. no, i'm saying that i understand the basic functions of a central monetary system and that i'm **deferential to economic orthodoxy**. >if you dont understand the field enough, than you should be sceptical. thats all i am saying. oh really? so you're "skeptical" of everything in your life that you're not an expert in? skeptical of your car because you're not a mechanic, skeptical of your dog because you're not a veterinarian, skeptical of your lights because you're not an electrician and skeptical of the sky because you're not a astrologist? for fuck's sake, man. do you even read this garbage you're writing? 😂
>no, i'm saying that i understand the basic functions of a central monetary system and that i'm deferential to economic orthodoxy. its just the same thing only said in fancy words. >oh really? >so you're "skeptical" of everything in your life that you're not an expert in? yes
> its just the same thing only said in fancy words. > > deference to expertise is non-critical thinking and dogmatism? how? > yes so literally everything in your life you're skeptical and non-committal? like, presumably you're not a podiatrist... so you're "skeptical" of your feet? why not just chop your feet off then? how do you know it is better to have feet than to not have feet? maybe you should run that experiment?
>why not just chop your feet off then? how do you know it is better to have feet than to not have feet? maybe you should run that experiment? i am sceptical of obviously dumb ideas too thats why i wont do such a ridiculous thing as you suggest.
and yet you're not skeptical of austrian economics, which is purely dogmatic and "praxeological"? 🤔 lol
i am sceptical about it too.
that not what you said initially.
what did i say than?
i didnt say anything which implies i believe in ae noncritically. i just mentioned it. didnt say its the truth because its the science.
you lied about it from the very beginning. you said it was being studied all over the world and that "its predictions seem to be more and more valid" both of which are completely false. ae is essentially a dead school and anyone who calls themselves an ae in 2021 is probably a clueless buffoon. and ae **admittedly** does not use models or make testable predictions... so its predictions are *not* turning out to be true, because no such predictions exist. fucking idiot.
>you said it was being studied all over the world this is maybe a bit exagerates but mostly true. >"its predictions seem to be more and more valid it seems to me and some more people. 🙂 >and ae admittedly does not use models or make testable predictions... i didnt say testable
proof that it is being studied all over the world? and what use is a prediction if it cannot be tested? sounds like more dogmatism. you love dogmatism, eh?
>proof that it is being studied all over the world? there is a bunch of people from different countries looking in these ideas. whats so hard to believe? i wont prove it to you. you are free to not believe it or check yourself. >and what use is a prediction if it cannot be tested? sounds like more dogmatism. the use is limited but it is not dogmatic unless you believe it blindly.
> there is a bunch of people from different countries looking in these ideas. whats so hard to believe? that's simply not true. can you show me any noteworthy universities with full fledged ae graduate programs? i doubt you could find a single one. >i wont prove it to you. you are free to not believe it or check yourself. i did check. i could not find a single reputable university with an ae program. >the use is limited but it is not dogmatic unless you believe it blindly. what use? explain the ontological or epistemological benefit of such "predictions".
>can you show me any noteworthy universities with full fledged ae graduate programs? i didnt claim any of this. i just said it is studied. (like you cam read a book and you are studying) >what use? for example a practical one. if the study of these ideas lead me to believe that something with the current system is wrong i can act on that and try to limit the damage i will take in case the problems become bigger. maybe i am wrong maybe only partly or maybe it will help me.
> i didnt claim any of this. i just said it is studied. (like you cam read a book and you are studying) > > lol!!!! that is an absurdly low bar. people "study" porn in their bedrooms all across the world every day. that does not mean that masturbation is some high minded intellectual pursuit. >for example a practical one. if the study of these ideas lead me to believe that something with the current system is wrong i can act on that and try to limit the damage i will take in case the problems become bigger. maybe i am wrong maybe only partly or maybe it will help me. and these conclusions are based on what inferential steps? can you explain how you arrived at these conclusion or is it just pure ~~dogmatism~~ gut feeling?
>can you explain how you arrived at these conclusion based on observation of the reality, observation of history and logical deduction. i dont say its 100% true, so no dogmatism.
> based on observation of the reality, observation of history and logical deduction. meaning...? isn't it funny how you can never explain anything, you just make baseless claims and refuse to explain the evidence or reasoning that leads you to believe these claims are true. truly pathetic.
i try to answer you and explain as well as i can. example: i learn about negative effects central banking might have on iur economy, i observe that inflation, growing debts and inefficiencies are worsening, i see what happend in history when the problems were simillar. i act.
🤦‍♂️ this is not valid reasoning. you are making committing fallacies, including correlation=causation and just general narrative fallacy. you're a clueless dullard, my friend. i do not know what else there is to say. 🤷‍♂️
i am aware of its limitations. its just an example.
what limitations are those? and again, you cannot actually explained *any* inferential steps that led to your conclusion. so apparently it is all just based on gut feeling and austrian propaganda that you've brainwashed yourself with.
limitations: history doesnt repeat, correlation =/= causation, the logical deductions amd assumptions might not be 100% valid
firstly, the process your alluding to is logical *induction* not logical deduction. secondly, you still have not explained a single step in your line of thinking. i'm still waiting for you to do so...
idk maybe i use both. might be wrong about the terminilogy tho. its not that important for me. i tried to explain as well as i could. what do you want me to say?
i want you to explain your thinking process specifically, not just hand wave about "history" and so forth.
ok i will try... i see that central banks are emmiting a lot of money. if i am not getting the new money i believe my savings in fiat loose purchasing power so i want to invest in other noninflationary assets to save the value. i see that stock market prices are going up despite real production is stagnant during covid. that hints that the growth is fueled by the new money and is only nominal. therefore withdraw from stock market. i see negative interest rates, on bank accounts in some countries. i assume people wont like it and will try to save their money and withdraw it from banks. i look in history what was happening when government was not happy with people getting rid of paper dollars and hoarding gold. i see the government confiscated gold. therefore i try to hide my hard assets. etc etc.
still just a bunch of handwaving. i cannot help but notice that you seem to be suggesting that the economy is a fixed pie. is it not possible that money not going into your pocket can still benefit you?
>still just a bunch of handwaving. sorry this is the best i can do. show me how to do it better if you can and i might imitate it. >i cannot help but notice that you seem to be suggesting that the economy is a fixed pie. i dont think this. but sorry if it looks like i suggest it. >is it not possible that money not going into your pocket can still benefit you? maybe it is possible, but it is also possible that it is hurting me and the whole economy much more than the potential benefits i can get. but money doesnt hold any value by itself. it is valuable as a system which help us exchange information about scarcity of goods and services. but if there is non transparent emission, the information function doesnt work well. also id there are new money emitted it doesnt help create any goods or services. it just helps to transfer goods from people who dont get the money to those who get the new money. also it can incentivise people to spend more if they recieve some of the new money but it doesnt create any value. it just falsely make peiple feel richer eventho its only nominal and in reality they spend their saved value. that was some maybe random thoughts.
okay, believe what you want, mate. 🤷‍♂️
i love this. what a fun way to honor him. so sorry for your loss
cool tribute. if you’re able put his name in the comments when you do a transaction. bitcoin core makes this possible. he’ll forever be in the blockchain.
use coinbase pro for your next purchase! it’s the same login as normal coinbase with reduce fees.
that's really cool mate and i bet your dad would feel proud of you doing it. i know i would if you was my son and done this.
send btc address i’ll donate another , rip pops 💙🙏
just curious, you went to bank to wire yourself and then cb ?
your 3 dollar bringing all the luck. btc over 49k, we’re going over 50k today boi!
rip bro, now hodl that btc and give it to your child when they get older :))
why ? it only 3... i lll keep those 3!!
good for you ( and yr dad), lots of heavenly luck!
incredible! this really is amazing! even i’m emotional
heart string tugger this post.
i love it! well played brother!
with respect, this ho(d)dl has a whole different meaning in your post 🙏 dad *in parentheses
my dad left me .
i wish i was the type of person who could believe in post like this.
what a bizarre post. imagine being a father and giving your family everything, then when you die your stupid kid gets fixated on some random change found in your wallet, not the physical leather wallet even. then insult to injury, you buy crypto currency with it and pay 1. you don’t buy a large beer as a toast, you don’t frame the bills and pass them on to your children, nah you buy fucking crypto currency and somehow it’s relevant to your father now. 🤡
excellent share. all the feels. respect
welp this is some moon farming bullshit if i've ever seen it.
what a waste of .
the fuck is wrong with you?
cheers to you. love this.
dude this is the best bitcoin post i have ever seen bar none. take my free award cause imma poor.
the best way to spend that money. you will not regret it !
and hopefully this will contribute the the well being of future generations as well, which he’s also a part of in many ways. lovely gesture
good luck on your journey :)
this is a cool idea! cheers.
this is a lovely idea. sending love.
beautiful, his memory is forever written in digital code
lmfao. 3 dollars. i was gonna unsub but this kinda shit makes it fucking hilarious.
imagine buying those exact .00 bucks back in 2011. that could’ve been a considerable amount of money.
that's beautiful man. my dad passed when i was 17 too
rip pops! happy he contributed to your life journey especially from fiat to bitcoin. that’s timeless
blessings to you and your journey brother
that’s a very valuable three dollars you’re holding, maybe priceless bro. good luck on that journey
thanks for sharing this. what a cool way to turn that loss into a positive. i'm sorry for your loss and i applaud your move with those 3 significant bucks. although it cannot replace your dad, it will work out in your favor, just watch. i wish you all the good luck in the world!!!
i have a dollar bill my dad gave me, i’ll never spend it. i can’t do it! good for you, i hope you make it big!
nice that you're carrying on your dads mentality.hope btc makes you alot of money.try some altcoins aswell.
very emotional and everlasting memory. rip your dad.
he helped raise a wonderful person
wow. rip to your pops man. and best of luck to you on your journey.
use coinbase pro to cut back on those fees bro, sorry about your pops.
and the block chain will hold this transaction forever.
that's pretty awesome man! good memory and my condolences! wish you the best on your journey!
this man just blessed the market 🙏🏽
when you send it to your hardware wallet. you can write in the description. from dad. it'll will be immortalized on the block chain forever
that’s awesome man! 10 years and it’ll be worth whole lot more than . thanks dad!
awesome story! may his memory live on!
what you could do is put it in a separate cold wallet so you never touch those exact sats and pass it down to your kids and say it’s from grandpa.
bro, use coinbase pro. .
to the infinity pool you go 🥲
fucking awesome. see you sometime, dad
that is a lovely way to honor him. my dad was always telling me to buy bitcoin and i still have the . thanks for the idea!
as someone who still has a hard time about losing a parent, this was deep. thanks for this
to think what 3 bucks of bitcoin would be worth now when the first exchange it for fractions of a penny. 😂 i mean even at a penny would be 15 mil in roughly a decade 😂
this is awesome. a great investment, too. thanks for sharing this story!
i've got my late father's wallet as well. with his last .
is there a way to nft the above picture for him? how awesome would that be as a keep sake.
give it 10 or 15 years and you'll be surprised !
this is the way, op! condolences and full power to you and yours!
sorry for your loss. is that all he left you?
dad would be proud, enough said.
you turned something physical, that your dead father actually held, into a few 0s and 1s on somebody's computer, and you think that is a good thing. this is awful.
sorry to hear that! just keep that !
this is what we call fishing. lots of them with different stories. with one goal. hoping that someone will donate to him. it works...and it can even be seen practiced in common fiat scenarios...you know... sob stories and get people to send some money your way kinda thing. just look at the awards given to this post ...and you should get what i am saying...
that's a good way to feel him with you
this hit me hard 🥲 so sad for your loss
wow! that is a beautiful story. you made my heart melt. thank you for that. i love the awesome overly-edited high school (?) portrait. :):) well done! may all your cryptocurrency dreams come true!! edit: changed description
that is cool. your dad’s money will live forever.
my dad passed last june, i’m 18. one of the last things i remember him telling me was to go to college, because he regretted never going. at the time i was really hesitant on whether i should or not, and that pushed me to. i just finished my first quarter last friday!
your dad can now proudly look down on his 6000 sats
ok also decent story the most interesting way to spend this money probably
hodl and add to your dads legacy with spare $$, enjoy the bitcoin journey...you are an inspiration...thankyou
my dad passed when i was 21 (32 now). he promised me a harrington jacket and some nike dunks for christmas, but passed away in early december. the police came and gave me all his possessions after he passed, including his wallet. (i knew his pin as he always sent me to go buy things for him with his cards.) so i went and got the jacket and shoes and still have both of them as memories. wish i popped that £250 into crypto 🤣
this is so rad lol mad love for this & my condolences goes out to you & your family as well. if your able & willing, keep us updated down the road on you & your dad's portfolio. i would love to see the progression lol
we are very sorry for your loss! just hodl your bitcoin its value will rise, making it incredibly profitable for you in the long run.
so sad :-( this make me feel like cry :-((
we can keep our loved ones name alive in the blockchain
now your dad is flying to the moon...
free karma here we gooooo
hey you donated 33% of that with your own money for fee payment. good for you
bruh bitcoin really do be a cult doe
yes bro, he is part of the blockchain now, will never die.
that's awesome. i hope you see him in you.
these are the wholesome posts we need
that will be the most sentimental set of funds you'll ever spend in your investment journey friend 🙏
this is awesome. your dad would be very proud 🥲. invest the money instead of spending it. you were raised right my man. keep it up. you’ll do big things. 🙏😇👍👍
coinbase .99 trade fee has entered the chat
aw man sorry to hear that man just made me sad keep your head up bro
this warmed my heart.
best, post in a long time. sounds like your dad was a good father. god bless.
congratulations your father's money is well spent(invested)
it's a nice story. good luck to you!
dad did not raise no fool
great post. thanks for sharing!
that's a neat idea. my condolences my parents are my world your father indeed is going to be with you now in your bitcoin journey all the best and always buy the dips and never on the rise
sorry for losing your first hero.
you paid 1… great story but please try to make slightly bigger transactions to spread your fees out over bigger chunks! awesome to be involved with bitcoin though. welcome!
good luck, great story!
❤️❤️ create a nft of his photo and it will remain on the blockchain forever
thats so cool 😁 💞
damm i feel this. sending you some love friend. mom passed at a young age for me...i know what that feels like. ✊
enjoy the time you did get to spend with him, some never got those same chances…my condolences 💐
i also lost my dad at a young age. it was (and still is) hard to grow without his guidance, but it is what it is. happy to know those dollars your dad left you will be a seed for a better future.
that’s heartwarming. best of luck to you!
i do not know you and i do not know your dad but i bet he was the fuckin man
what a bs story
hope you alright bro, take care💯
there is an old saying or superstition in my counbtry that you never gift an empty wallet there should always be a small amount of money in it or else it will be always empty. your dad made it sure yours will be never empty :)
love this move. shit am not goin to the moon, we're hitting heaven boys
delete this and go get a job
he will be proud of you for doing this
send virtual hug to op
this hits me hard. u’re an og bro. much love and respect. rip to your pops. ✊
that's beautiful man ...he smiling down on you ☺️
🥺 love it. an amazing way to honor him.
that's beautiful. i dont know your dad, but i am one. it's what i hope my own daughters would do. i'd hope it would give you something someday. i'd rest well knowing i was still capable of providing something.
how to make your dad worth even less after death.
just sad all around. dad leaves you beans and you spend them on internet bullshit. oh well man. keep on keeping on.
you chose a awful time to buy, your daddy losing you money as we speak
gezzuz i tearing up. much respect ❤
i love this so hard
k, now i need to find my dead dog's wallet
check out the song patches.
those coinbase bastards and their fees, fucking up your ! 😂
those damn coinbase fees!!!
how old were you in that picture? assuming it’s you.
seems like 13 years is not enough time to heal the wounds 😕 damn.
sorry for your loss. i hope this is the beginning of a great crypto journey for you.
sorry to hear hope alls well. just a question tho how did you buy 3 dollars worth of bitcoin i cant find anywhere to buy bitcoin without atleast a 100
here's to yours. i lost my dad, oct 2020.
you should do this with all fiat and maybe it will make you rich
you probably paid more in fees.
rip to your 3 dollars
now so will coinbase
🍻 to that 🥂
if you’d exchanged it when bitcoins got known first at let’s say 8 cents a pop in 2010 would would have 37 coins or ~,770,000 with current exchange rate, ~.2m at peak.
let me get part of that 3 dollar purchase !
oh gosh. no one told him to buy it on coinbase pro 🥺
why wouldn't you just frame the three dollars or something
should use somewhere that doesn’t have such a high fee rate.
mannnnn i feel you on that one i'm sorry bro
the sad thing is, if you posted this in r'd get slaughtered for moon farming.
so, are you gonna be more bitcoin or you keeping it ?
don’t buy on coinbase. buy on coinbase pro. fees are much cheaper.
is this tim dillon
now let your kids find that wallet in the future.
that touched me. i’m 56 and my dad is still alive. i’d like to add to that account buddy. not so good with reddit. can you message me or email me. trust me, i’ll get more out of it than you. god bless
why post this? i really do not get the karma farming and how this helps bitcoin
was worth 4 bucks back then - that’s why coinbase tacked on that fee
did you withdraw all the money from your account then deposited those 3 dollars to make sure those 3 dollars are the 3 dollars that bought the bitcoin?
shouldn’t put your name out there on the internet like that, “genuine leather”. rookie mistake.
this is really cool. amazing way to honor him for eternity. you planning to leave this all alone in it own wallet?
why not buy an ice cream and eat it? then the protein will become your cell and it live with you forever.
30% charge on coinbase?
fuck man, tears ;( have to hear a lot of ghibli music now
what was the significance of the 3$?
well done! also, try to keep that cash. maybe laminate it or something of the sort; that way you always have something physical to look at and remind you of him. three bucks is nothing but it is a memory for you, do not spend that or put it in a bank :)
was heading to the casino dad gave me a , i had . lost all ’m a degenerate gambler, dads are awesome.
gamestop to the moon!
sell it at 3,5$
🥺 he will make you arrive to the moon.
that's how funny crypto can be, just some years of hodling and one could be a millionaire mate... that's why i'm not joking with my alt bag, i hodl them tightly, especially pop which validates partnership using mlps.
i would have held on to the physical cash, not sure if you did or not
utilizo adc crytoativo colombia cryptoadc dólares onlains
no man, your dad was already dead so technically the money was yours. he never owned any bitcoin and you bought it with your own money not his (because of his death) so he isnt really associated with bitcoin at all. he was a nocoiner fiat bro
who’s the pussy in the picture
i dm’d you bro
invest like elon musk on crypto currencies
thanks :)! i thought so too, appreciate it.
how can we add comments on transaction?
"here son, i have 3 dollars." -r.i.p. op's dad
when he pays .
cryptocurrency is a very cool thing, so many cool ways we can use it
didn’t know that, thank ya!
can buy as little as £1 of bitcoin on crypto.com too. zero fees and not coinbase.
real kind of you, but in honor of my father, would you mind giving to family member you care about instead? family is everything :)
it says 0.99 fee...? maybe there’s a fee to sell too though idk i don’t use coinbase
but then he wouldn't be able to really spend it if it is meant to stay there forever.
i know right haha his dads rolling in his grave… this money was for 3000 btc 13 years ago
lol for real 🤣.
we all should have.
what would the amount to today?
how could he have?
had he bout in ‘17 when it dipped to 6¢ it’d be worth 2.4mil right now, but he held on for 6100 upvotes. idiot.
that’s a very high compliment indeed, means a lot pal.
yeah hopefully he kept the original ...
very kind of you to say, thanks fellow redditor.
yes i like that a lot :).
sorry and fuck you
there is nothing wrong with not being a gullible retard. there are dozens of us, dozens.
right? this post feels weird as fuck.
little harsh there bud, though it did strike me as odd as well at first
maybe could have waited until we're not at all time high...
he has a target on his back now. on the plus side, the target is probably worth at least .
priceless indeed, at least to me. thanks bro 😎.
thanks made me smile 😃
thanks that’s awesome of you
dad would not approve.
god bless us all 🙏🏻 “twice armed, if we fight we faith.” - plato
that’s awesome, i never expected anyone to do it too; i think that’s cool of you.
lol it’s a wild thought for sure.
thanks for taking the time to read it!
that would be incredible.
some great memories too, but yes.
yes indeed, it’s okay. i’ve learned to be happy for the time we spent. thanks m8.
fees aren’t the point here. just a tribute. fees be damned in this case.
get a life, edweeen. really ! gotta lecture him?
i can relate bro, well said.
mighty nice of ya (:
he was to me! :)
all good my dude, feeling at peace. good looks.
very cool, i like that!
i like that a lot.
you’re awesome . thank you 🙏🏻
i can empathize with that buddy. thanks for sharing.
haha 😆 i’m sorry!
2 inches is the length of 0.4 'bug bite thing suction tool - poison remover for bug bites's stacked on top of each other.
you weren't there so you cannot say what he owned or did not own, right? don't trust everything you read on websites that all point to a single source.
i know bitcoin core wallet supports it. not sure what other wallets support it tbh.
you write in the op_return section of the wallet
mempool has been empty for a while now. he can send it for 1 sat
dontuse coinbase at all. they take fees out in crypto after the fact which will create a taxable event and a bookkeeping nightmare. use square cash app instead
there is no catch, it is just their more hands-off, barebones exchange format which is not hard to use and has smaller fees to trade, but for some reason they seem to keep this fact not well publicized, and keep a lot of people exclusively using the higher-fee regular [coinbase.com]( instead which is much more geared towards newer people to bitcoin, and which is more profitable for them of course. just go to [pro.coinbase.com]( instead, simple to use. fees do not exceed 0.5% for up to , and get lower higher than that.
beyond it being very competitive space, it’s to get your bank dollars transferred over, in exchange for giving you the ability to own and trade crypto currencies they have under their assets. edit: just realized i forgot to mention [market maker spread ](
zero fees only apply if you bank transfer, if you pay by card it’s 3.99% fee fyi
it’s not zero fees... they use a massive bid spread which will probably cost you significantly more than a typical exchange fee of 0.05% crypto.com is shit.
the one time i unironically want to use the wholesome award...
🥲🥲🥲 dad would be proud of you son, you’re a great person. never stop shining.
wow, what an awesome response 👏🏽
you are the american dream. let’s go btc 🙏
you must be a great person! sorry to hear about your loss
it was around .0008 in 2010, so let us take that. ,750 btc, which with today's bitcoin value is worth ,992,500.00
3’t publicly released at the time. first publicly mined block was on sept 3rd 2009.
is there a button to spend btc? i’ve never seen such a thing. why would they do that?
who spends btc just hodl
that's not the way the post was phrased to be as
karma farming i suspect. such a tenuous link from father dying to getting into crypto...
it’s nice to hear nice things like this. much love. nice
first thought that came across my mind, and made me laught, so i wanted to share it. i'm happy for the op, but i find it funny that after 13 years this was the thing that made him spend the 3$.
my gmail gave me a bunch of . gonna hodl those till death. 200 years from now they better be in my kids kids kids kids kids safe .
my dad was a bitcoin maximalist. he fought in the blocksize wars and would never approve of such foolishness. altcoins were the scourge of mankind back then. he told me altcoin holders were often eating raw potatoes as the value of the coins left them with nothing else to eat. it was rough man, but he was at the right side of history.
fair enough. just giving op some friendly advice to optimize their investments in the future. gotta be careful with fees!
it’s just advice, not a lecture. move along.
at first i thought edween was some sort of profanity that i have not heard before but than i realized it was his u/
that's false. they charge the trade fee in fiat when you buy. i buy there often and the trade fee is listed in usd and not crypto.
can you move your coins off cash app?
so zero fees with bank transfer...got it.
actually ,for me in the eu its 2.99% by card
then use the exchange
i gave my shitty free silver jpeg file, it is the thought that counts.
domenic toretto is also proud!
very few could even buy at that price even if they knew about bitcoin and wanted some.
>first publicly mined block was on sept 3rd 2009. january the 9th 2009 ;)
bitcoin was made to be used as a p2p electronic cash, not hoarded and unspent i've switched over everything i can from fiat to bitcoin. i pay for pretty much everything in bitcoin
i mean... i spent all 5k i had between 2011 and 2013. it was meant to be used as a currency.
i bought furniture and a workbench
enough with the diamond hands bullshit
i’m glad you think so, i agree.
id hate to be the guy that does your taxes, or you when the government catches you.
yes well done, most countries don’t have that opinion as crypto.com only accepts few usd euro and some states in aus
you lucky boy 👦🏻
i don’t have an account at any exchange. the app just sends trades thru an exchange. yep i will continue to do as i do as i don’t like wasting money 👍🏻 crypto.com is garbage for a lot of reasons but their very high fees is definitely one of them.
my preferred trading platform was 0.05%. though they recently increased to 0.1% ... def not .5 though that would be shitty
oooh an nft that used to be free? sure sign me up!
wouldnt it be block 0 instead of 1? (cuz... computers)
the average smoothbrain in this sub does not seem to understand this. what's the goal? hold btc until it is worthless?
time will come my friend, time will come.
the karma post upvotes, obviously. i mean, wouldn't you much rather have a few dollar bills that your dad actually held? that you've held onto all these years? i mean, coinbase does not take physical cash. so, op went to the bank clutching his 3 dollar bills, deposited them, then made a coinbase account, linked his bank account and bought ?
i'd hate to be someone that believed you spreading lies.
that remains to be seen down the line lol
what platform are you using. no major exchanges have anything lower than 0.5% so your using something shady. unless it’s like some binance pro thing.
there were no exchanges. i think you had to be part of the bitcoin talk forums or whatever it is called and be part of that community, do peer-to-peer transactions. mining for a while would probably be much more profitable, even if you spent thousands on computer equipment (this was way before asics).
there is a block 0 (also called "genesis block"), which you can find if you click on "previous" in the link above. that block was not mined though, it is hard coded in the software, and is dated to six days earlier than the actual first mined block (to jan the 3rd 2009), and it includes the famous "chancellor on brink of second bailout for banks" timestamp reference (in order to have some reference from the "outside" world to timestamp the block).
most people in this sub nowadays are probably people who got in during or after 2017 and have been waiting for "price go up" while the few of us who have been around for a decade actually use the coin for the technology it created and the freedom it bought us. can't forget that a sizable chunk of this community was also banned from here too. me not using fiat is 1 less person supporting fake money
coming from , i'd still frame the shit out of those . definitely not spend it on bitcoin. to each their own though.
and then the bank teller clapped
vauld... it’s not shady i mainly use them for earning high interest on stable coins but they also have trading tools which work very well and have the low fees i described. let me know if you want a referral.
lol i remember trying to mine bitcoin on my galaxy s2 in like 2011.
"i think you had to be a member of the bitcoin??talk?? forums". could anyone explain to me why the internet is intent on forgetting that the forums were transferred from satoshi's sourceforge directly to bitcoin.org? who tf is bitcointalk when there is bitcoin? *confuzled* tks
the actual block zero included the chancellor reference along with three other headlines. i saw the two blockstrings side-by-side a few months ago. but, like most original satoshi quotes, that is thisappeared before my eyes. miss my old homiesssatoshisss... *sniff*
yeah here’s the thing, btc hasn’t brought you much freedom yet because it’s still not widely adopted. whether you like it our not, we’re still in a fiat world and your life depends on fiat. you get paid in fiat. you buy gas in fiat. you pay for a house in fiat. us “people who don’t understand it” buy and hold because we see it as a store of value to 1) borrow against, 2) use as a medium of exchange once it is widely adopted, and 3) preserve our current wealth going into the new paradigm. bitcoin is simply not a recognized medium of exchange yet. give it time.
> the actual block zero included the chancellor reference along with three other headlines. wut? what are you talking about?
satoshi would probably expect you to use other bitcoin implementations for doing useful stuff if bitcoin proper became narrowed in scope. it is open source after all and resistant to control. that's probably the main reason why satoshi(s?) left the scene abruptly: because he noticed the satoshi persona being utilized in too heavy handed of a fashion, alienating some dedicated oss contributors. the original satoshi would have frowned on such a centralized concentration of power, obviously. ever notice satoshi never spoke of patents, profits, companies, or demands, and never spent any coins? he gave away all the ideas that grow out of the shared network idea and asked other people to run with them. when satoshi abruptly left, claiming nothing, the rest of the community had no choice but to think hard, work hard, and branch out into uncharted waters, the wild frontier, to stake their own claim, unrestricted, and basically... satoshi let the world build its own destiny free from his authority and power. and look what happened. people saw opportunity, and the whole thing took off. a world changing act of selflessness. let's hope the guy is doing ok out there whereever he is. back on point. people need to get off bitcoin's back and be more like satoshi. stop being so selfish and thinking of bitcoins' value in terms of how quick they can make you rich. life is short. you cannot take it with you. the rich are even richer and there is still lots of people without food and clean water. thank what is your actual value if you sit on your ass in your air-condition fancy hotel staring at your red and green lines and typing backing and forth on faceless screens about useless bullshit, when you could be out in the real world redesigning it for a better future. or is it more important to worry about better your own future in a world increasingly going to shit. why do not you go educate some poor women about birth control and make sure some babies are not malnourished before you're all surrounded by cut down forests and other retards? (these fscking assholes with a 100 billion dollars... smh. da fak? fucking shameless dirtbags. there should be a law. looking at you mr. jeff "i wanna sell books when i grow up" bezos. think your special. fuck you.)
i'm talking about this: "comment removed by moderator" is what shows in a incog browser. but the long comment i posted about the 700 deleted sourceforge forum posts and mailing lists and beautiful original satoshi and v1-v11 whitepapers and satoshi's ebook and formal rfc spec and entire cypherphreaks mailing list... it goes on and on. it's a coverup to subvert the common man for the criminal elite. how could anyone deny this current post unless they were a criminal? we will find you. you're on the chain, bub.
bs... no way i clicked add comment. /********************** * wtf is hard about?: * **********************/ famt = curwallet.last_transaction(); return(famt); doesn't matter. no one will read this. if 1.5 millions posters cannot remember there was no "talk" in bc, it is hopeless. we're at the mercy of the even more powerful, more secret, richer criminal underground. you can thank abi juan velasquez (808)430-0031, ryan yanigahara (808)934-tech, and crystal ching shaneyfelt (portland) for that. backstabbers. thieves. smug lying cowards. what can satoshi do with no help from his friends? 15-20 died mysteriously, the rest ghosted. satoshi be never suspected evil nerds.
this is huge news for everyone living in el salvador. congratulations! bitcoin is already being heavily used in el zonte (village in el salvador).
retail was able to front run the wall street and now small poor nations are front running the wealthy nation
as a salvadoran, this is huge!
i’m glad it’s a poor nation whose people deeply need btc. hope others follow.
el salvador is officially a first mover. congratulations to all of your people.
just inevitability at work. 🥳
this is absolutely huge. if this goes well, most other latin american countries will follow suit, because el salvador will finally get up from under the unpayable debt that the us-run petrodollar system forces onto weaker economies. just absolutely bananas.
all of the nocoiners are in absolute shambles over this. love it. brutal.
everyone should go watch that speech from the bitcoin conference
gotta be honest did not expect that
crypto adoption in third world countries could really be a game changer in terms of power dynamics on the world stage. big governments' bureaucracies are slower to implement changes and would not be able to switch over as quickly, in my estimation. good for el salvador. could really benefit from smart contracts, too, being what seems to be a corrupt country.
someone finally did it 😉
el salvador = the saviour.
holy mother of bullish news
usd is the legal currency there too
i do not care about bukele, but bitcoin adoption. countries like el salvador need bitcoin and strike to help process remittances. the fees are very high and lots of times it can be very dangerous for the receivers to get their money. this is huge for bitcoin from the simple standpoint that a lot of people now know the cool work being done by bitcoin beach and strike. it's going to spread worldwide.
[ got emotional myself watching this. bitcoin is more than just candlesticks on a chart, it is literally saving peoples lives.
"salvador's partnership with digital wallet company, strike, to build the country's modern financial infrastructure using bitcoin technology" wow and the most incredible part is that he is opting to use a decentralized platform like strike which uses the lightning network.
i believe dan held said something to the effect of: "it does not matter if a country *actually* put btc on their balance sheet- as long as people *think* they did, this could initiate the game theoretical central bank frenzy" ' paraphrasing, of course
holy crap, hyperbitcoinization is real.
its so sad to see negativity after negativity. why is it so hard for people to be happy? el salvador is a developing country with a majority of the people excluded from the global financial economy, bitcoin is a tool that gives these people financial inclusion and freedom. this is great news for them. bitcoin was designed for nations like this. seriously, why is it so hard for people to have hope for the future?
i dont understand why this is being perceived as a bad thing? maybe someone smarter than me can explain it to me. don't we want the world to adopt bitcoin? won't this help overall price per coin? utilization in this form was the only goal when i found bitcoin just under two years ago, but this seems to have started a mass sell off. i dont get it.
i opened coinbase pro to fomo in after hearing this and was surprised that i'm buying at a thiscount
jack mallers fucking bad ass.
inb4 "the united states expresses concern for el salvador"
cia will probably stage a coup. us hates to not have control🤔
chinese shoot themselves on the foot while americans bend over to be screwed in the a$. change of the guard happening before our eyes
i am the senate
this is amazing news. my understanding of the reason we in australia have to pay cap gain tax on btc is that no country considers it a currency. this may open this ruling up!
japan? el salvador?... what about europe? more than 5 years ago the court of justice of the european union recognised bitcoin in the category of "currencies, banknotes and coins which are legal means of payment". besides this, we also have bitcoin atm machines all over europe since in 2015.
i hope it is not a time to bring some "democracy" to country of el salvador :/
that's really awesome. watch the price drop now. things like countries adopting bitcoin as currency are nowhere near as important as what elongated tusk says. 🤯🔫
need to work on my el spanisho and get going.
am i the only skeptic about this? i read "...looking to introduce legislation that will make it the world’s first sovereign nation to adopt bitcoin as legal tender..." as a non-certainty. granted, i do not know anything about how el salvadorian legislation is formed but this looks and sounds more aspirational than a certainty? talk to me when the ink on this is dry. far too few iron clad details about this for me to get too excited yet.
i was curious, the median household income in el salvador is currently about 0.135₿ per year.
this is big news, i'm surprised the price has not reacted.
now remittance fees to send us dollars to el salvador is 50% . it is huge . thanks to ...no remittance fees
first domino is always the hardest, the rest will follow
man, how can the price today not react to this news? this of all news cannot move the price up at all???
poor countries need crypto so much. i hope many more jump in asap
this is good for bitcoin and even greater for the citizens there. most of us in this sub believe in the future of bitcoin so we're all bias. i'm sure a portion of us see the potential in other coins. maybe it could be a gamble but if btc goes up... and to the citizens and small businesses there that are holding even a portion of it because it is recognized by their government. if the price increases in the years and decades to come, this will add wealth to the citizens of that country which in turn should create new businesses and maybe even a bit of prosperity for the citizens and country. or...it could go the other way and all the naysayers there just would not own any of it. i just do not see this point being the case.
on wikipedia it says under currency: usd and bitcoin. very nice for a country with over 6mio people.
does this mean retailers are required to accept bitcoin?
alexa play lightning strike by judas priest
bitcoin is for small people and also for small lands and of you think about the universum that is built from trillions and trillions of atoms so i think we are on the right way 💎🤲🏻
i am taking this opportunity to officially announce that bitcoin is now legal tendies in the usa.
bitcoin is heavily used in the cities of salvador. this is a huge news
to anyone who is selling this news, get the fuck out of here. you never should have been here, have fun staying poor.
he will be introducing a bill**
i am long btc
only found this as source (president's twitter) : [ would be interesting to read the specifics though. ' for context: el salvador uses usd as its only official currency
what’s interesting about it is that they currently use the usd. soo… basically that means bitcoin would be their sole primary currency since the usd is more like a bandaid.
very happy for them. wish we could get this done in the us.
holy fuck what the fuck this is some 21st century shit right here! first of many countries i imagine.
this should be pinned for the top spot.
so interesting to see the difference in opinions on this subject when compared to the comments over on r say anything about this being beneficial for el salvador and you’ll be downvoted to hell
how long until mexico, nicaragua and honduras jump in after seeing this?
i am all up for bitcoin but el salvador makes terrible choices for adapting currencies
he said he will pass a proposition to the congress, it’s not the same
this information is really great. after el salvador there will be many other countries in the world. this is the first shot.
protect this man! 🙏🏾
el feudo de san luis
the simpsons are going to el salvador!
great move by someone who is cultured and actually respects wow
they'll be getting new "freedoms" pretty soon :)
the property is the largest debt that most individuals have. currency helps house prices rise by reducing the weight of the debt. you will constantly earn phrases as long while you can serve the loan repayments.
wish my president can see this 🇳🇬
why do we act as if presidents are kings? it’s a proposed bill not a law yet.
what does this do to the us dollar?
i think this is wonderful and would like to support this. is hodling enough of a response?
he needs some liquidators
please read this article, bukele surely has brought some improvements, but has plenty autocratic characteristics
already waiting for the dip when they do not follow through.
if this happens it will cause a snowball effect and more country's will follow in time. crypto will be the currency of the world , central banks can fight it all they want.
is it just me or should we all be loosing our minds over this news ? i'm so happy, this news fills me with hope fir people and my relationship ( girlfriend gonna leave if bitcoin tanks lol)
the funny part is that the price of btc does absolutely nothing. this market is so irrational.
triggered a mass sell off lmaooo
if this is big news why does bitcoin keep goin down?
listen up people, dont trust nayib bukele. he didnt make any official announcement in my country, and his office is refusing any question about the matter. the plan is to create a custom currency, cuscacoin or something like that, to bypass any future us sanction
watch them leapfrog their peers, all they need is to start implementing the infrastructure for point of sale systems and paying rent.
nice to help in corruption
i don’t know if this good for btc, the guy is a dictator
and the real race is on... first nation to adopt the bitcoin standard will likely be the financial center of the 21st century. the last country to adopte it will likely linger at the bottom for the next 100 years.
wow! one of the most violent, politically unstable and poorest country in the world adopts bitcoin. woo hoo! maybe congo will adopt it next.
[video of el salvador to make bitcoin legal tender and add bitcoin to their reserves - jack mallers of strike - june 5th 2021](
nayib is buying the dip!! i've always liked that guy, he is pretty smart
as someone who lived in el salvador for over a year back in 2010, this does not surprise me. a lot of people use pay per minute phone credits as a sort of bank to not hold cash. they currently use the usd and haven’t had a stable currency of their own since the 80s. they are already programmed and ready for a change like this. wouldn’t be surprised to see more central american countries follow along.
japan did this years ago.
oh no, i smell a cia coup coming
we cheering for a dictator now? i guess we have to start somewhere
i think this news is bullish but still the bitcoin price is not pumping
not really that hard to see what is really happening here.
now you folks have to ask yourselves the most important question about how much money el salvadors president, his kids, his relatives, his friends, his business partners, his ministers, etc. have invested into this bitcoin stuff and how desperate (or greedy for that matter) they’ve become to publicly announce such a bold and bullshittish move 😂 remember - these guys in these geographical zones don’t do any shit unless there is something to gain for them personally.
guess we know who has bags
i see this as nothing but a step closer to leveraging technology for corruption. ulterior motives.
el salvador is not an stable country because of bukele
that's actually wrong information, salvador will not be the first country country to hold bitcoin. ukraine did it first
better speed up it’s transactions or it will a massive fail
nayib is a real leader. i wish honduras had someone like him.
lol el salvador? c’on guys, this doesnt move the needle in the slightest unfortunately, and the price going down after this proves it
this is bad for bitcoin.
yeah, that could be a good news but this is really 3rd world country. sixth world country maybe
lol you really think uncle sam is going to allow them to do it? think again… why would they let them do it so el salvador can hodl al the coins? nah man think big. us is hording coin now and do not want anyone else to do it so expect something happening soon. who knows, maybe they find weapons of mass destruction there… 🙄
lol, no! bitcoin cannot be a legal tender! it could never be a currency because every transaction is taxable. bitcoin is a crypto assets, not a crypto currency, people please educate yourselves.
is btc going to be the only legal tender there or is this a situation where btc is a supplemental legal tender where btc's purchasing power is still translated to the primary currency first?
isn't that a first for a head of state ? if so kind of a big deal . if he now takes his country's holdings of foreign currency and puts 2 or 3 percent into bitcoins that would be hudge !!!
this should get so much more attention
guy appearing out of nowhere... "that is a legal tender!"
el salvador is [the crazy dancing guy. ]( now we just need the “first follower”. amazing. fucking amazing. to see this after the idea had been talked about since 2013.
good, one step closer to decentralization!
did this just happen? omg
look on that flag details 🧐🤔 scares me a bit
we have assassinated leaders of other countries for less... but okay.
this is fucking awesome. we are going to see things like this happening increasingly.
we needed the governments approval?
salvadorean president rocks, but i live in dr and he recently publicly supported the rival local baseball team from mine, so officially fuck him. but that guy still rocks, his ideas are always spot on.
we have a first mover. unbelievable.
i’m at the conference and watched the announcement… i knew something was coming and wasn’t thisappointed! they had a video from the president of el salvador addressing the audience.
any country that adopts bitcoin as a currency, will have to ban elon musk from talking.
i wonder if they sell tesla’s there... i have some legal tender i’d like to use
is this like chicken tenders
el salvador world bank data in record pageview since then, i guess:)
el salvador living up to her name amarite?
this is the start, more countries will make bitcoin a legal tender soon😁
i hope the us wont be bringing "freedom" to el sallvadore because of this.
what is the advantage and thisadvantage of bitcoin as a legal tender?
i’m worried for their future. if el-salvador starts growing, i have a feeling they will find wmds there.
all they need is to start implementing the infrastructure for point of sale systems
esta es la forma.
lol. crypto winter coming.
how the hell can anyone afford it?
btc and blockchain are the equalizers that our planet needs to get the marginalized members of humanity back into the mainstream. this is a great start to that goal. well done el salvador. hear hear us, china, india and rest of the world
1 down 195 to go
this is huge news for everyone living in el salvador, i live in a city in salvador and bitcoin is used it too much for buying things
usa will try to ruin this by a assassination, coup,...
because of bitcoin, in countries with hyperinflation they don’t have to bring a bag of money to buy food anymore
true but how many times have small poor nations one upped large wealthy nations? this won’t be pretty
do you think major country is going to follow in el-salvador's footsteps?
“the smallest country in central america, el salvador suffers from persistent low levels of growth and poverty reduction in the country has been moderate. however, inequality has declined during the last two decades and el salvador is now one of the most equal countries in latin america.” hope the citizens of el salvador get a fair share of this btc pie!
i'm so happy, this news fills me with hope for the future of bitcoin with global adoption
when your currency is the usd and 70% of the population doesn’t have access to the banking system, adopting btc is life or death
does it mean that bitcoin have an army now?
mark my words... this will make the man a target for those with a vested interest in keeping the world economy in their grip... gaddafi died for allowing the sale of oil with a currency other then the petro dollar... this is no different... they are already criticizing his purge of corrupt officials... wont be long before more issues arise
when i became involved with bitcoin in 2017, i expected the first mass market use would be remittances (immigrants sending money home). bitcoin avoids money transfer fees and bypasses rules against sending money to certain countries. it makes sense that el salvador, where remittances are important, embraces bitcoin.
is that the catalyst for this huge dump going on right now?🤪
does anyone know what tax implications this may have?
el salvador is the new switzerland
it’s a little suspicious that el salvador would start using a currency that gangs etc have plenty of... not the best image for crypto
you cannot make bitcoin legal tender anymore that you can make dollars bitcoin, dollars are legal tender. do research the concept. dates can be used as money, bitcoin can be used as money, dollars can be used as money, but only one of those two is a legal tender, that would be the dollar. your title is false,.that is not what article wrote. or at least forbes understands the concepts and definitions whereas cnbc do not.
that’s dumb as fuck
dangerously low iq. that's why it is el salvador.
doesn’t seem to matter, elon is dumping bitcoin clearly so the market follows him now for some reason
country that has contributed heavily to the 'border crisis' in us adopts bitcoin as currency. great.
"sounds like el salvador is gonna need some freedom." the us empire
i’m sure he will considering how worthless his currency is. they are currently walking bc down while drawing in new blood. my thought before it goes higher is filling in the gap at 22,000-28.000. no pain no gain. from a 30 year trader i’ve seen this movie too many times.
in the coming months and years we will see dozens of central american and african countries adopt not just bitcoin but other crypto assets with america and the entire western world on a suicide mission toward a great global recession of biblical porportions.
meanwhile the richest man in the world is trying to fucking pump jizz coin
seriously wondering and this is an age old question. how will this practically work when btc price fluctuating so much? would have to use some sort of stable coin? or have the prices in another stable fiat currency and then convert that amount to the current btc cost.
perfect a new way to purchase coke in south america !!!! booked my flight.
do the creators of bit coin still make money from the currency and controlling it is supply?
where is el salvador though
bitcoin is digital gold not digital money i dont get it why someone wanna buy a coffee for 20$ makes no sense tho
great news jack mallers, founder of the lightning network payments platform strike, said this will go down as the “shot heard ’round the world for bitcoin.”
i’ve heard people are using crypto for the same reasons in venezuela, when hyperinflation happens it’s nice to know that btc has third world countries back. we don’t have to bring a bag of money to buy a pop anymore!!!
there has been a lot of positive news than only tesla not accepting. 10+ 1-
the wonderful beginning for making btc spread out everywhere, not only el salvador
so interesting! i'm impressed! thanks
article is a year old
salvador is the first of many countries i imagine, these are the kind of things that will be the basis for a new ath.
all avalanches start with a single snowflake.
> the donor [...] put the funds to good use by allocating a multi-year six figure donation to el zonte. > beneficiaries of the digital currency had to learn how to use the bitcoin itself, creating a bitcoin economy. reads more like the donation was adopted rather than bitcoin itself.
smaller ships turn faster. but more like easier to overcome corruption in smaller countries where wealthy early btc investors have more sway.
well i bow before the future latinamerican swizerland 😂
since you have boots on the ground there, can you expand?
are you able to expand on or link to any more information about what a legal tender status will mean? specifically, will it exempt bitcoin from the typical tax classifications which capital assets and foreign currencies fall under (which require tracking basis and profit)?
yes it is very huge fellow salvadoran here hola 👋🏼🇸🇻🇸🇻🇸🇻 to the moon 🚀🚀
i woulnt trust nayib bukele. he expelled the cicies yesterday (anticorruption international comission for el salvador) because of its findings agains the bukele administration. keep in mind that bukele promised to create the cicies, which he did, but the comission found corruption within his high ranking ministers. el salvador is not an stable country because of bukele: this is not your regular "this is good for bitcoin" meme. it is a calculated move by the bukele administration, to bypass any possible sanction and to hoard good ol' precious us dollars to pay the new debt acquired:
i guess it is
as a bitcoiner, it is!
make a bitcoin investment fund in buildings happen. i am sure that many bitcoiners are looking for this right now.
first part of your comment got me confused and i started passing judgement. then i read the rest haha and it made all sorts of sense.
i woulnt trust nayib bukele. this is bad news for us. no really, this will be really bad for us down here. he expelled the cicies yesterday (anticorruption international comission for el salvador) because of its findings agains the bukele administration. keep in mind that bukele promised to create the cicies, which he did, but the comission found corruption within his high ranking ministers. el salvador is not an stable country because of bukele: this is not your regular "this is good for bitcoin" meme. it is a calculated move by the bukele administration, to bypass any possible sanction and to hoard good ol' precious us dollars to pay the new debt acquired:
a very currupt country. it will greatly help these that want to steal from the people, without international police involvement, launder cartel money, bribes and tax avoidance etc
probably wanna add a comma there chief
do you think btc has a utility in poor countries with such high fees?
i do not think any major country is going to follow what el-salvador did any soon
elon musk tweets that tesla holds bitcoin and bitcoin goes up 40%, a country accepts it as a legal tender and it is down 4%
yes. this is how adoption happens
dread it, run from it, destiny still arrives
yeah no. the current government last week approved borrowing 3 billion dollars, and the us is considering sanctions against our country. this move is to bypass any sanction. i wouldnt get my hopes up. the plan is to create a new crypto currency, salvacoin or cuscatlancoin.
coming soon . . . the ban!
the man you are praising is a dictator who destroyed the separation of powers in our countty in less than a month. he's only looking to benefit himself and have foreigners like you blindly praise him while he does away with democracy.
look at the price right now... not even a hiccup. perfect example of how out of step the market is with the reality of geopolitical changes as well as developmental cycles. completely ignores large fundamental changes.
but now they can break it down to satoshis. 10 bucks there is a lot of money.
might be the countries that rely on other nations currency that adopt digital currencies first. could definitely level the playing field for them
lets not get ahead of ourselves. most countries are going to resist this movement as it means their currency would weaken and they cannot get endless loans for their pet projects. now, if japan bought in, i would take notice.
any move towards lessening a country's dependence on the us dollar causes the us government to poop in their pants, so expect loud histrionics around this development. just ignore the nay-sayers and celebrate this bold move by the salvadoran people and their government.
they have a dictator pretty much, harass journalists, lie about the amount of people thisappearing and being killed, hand picked judges, and can now use bitcoin to his their paper trail.
because it just made bitcoin more dodgy
it always dips on weekends
good news doesn’t have much of an affect on price during a bear market.
a guy like musk is somehow relevant to average bitcoin buyer, people were already hyping him
from the little i have read about el salvador and its president, the guy sounds like a corrupt dictator who will do whatever he wants to get it his way. as much as i like mallers, and bitcoin adoption is always good no matter what, i think the reality is the president bought a shit ton of bitcoin so that he can get rich lol
nah, not this time. i understand your doubt, bitcoin has had so much false adoption news before, just for governments to reneg or fully ban bitcoin instead. this time they went out and found jack down in el zonte and brought him up to the capitol to help them work on the bill. jack shows his favorite part of that bill in the video. it's really going to be a reserve currency on their books and be legal tender across the country. that's happening. but the question is what they define legal tender as... is it taxable? does every vendor nationwide have to get a wallet immediately? do state employees get to choose payment in btc now? how much coin does the treasury have to stack to pay its obligations?
it will pass. the party of the president has the super majority to approve such change. this is a corrupt government, so dont get your hopes up.
this move will only benefit the ruling class and those close to the dictator bukele.
proposing a bill is not the same as been approved in the parliament.
i think it depends in the country, but in most places you're only "required" to accept legal tender if a court rules that you have to pay a debt. so you can use legal tender to pay that debt. otherwise, for all the gov cares, you can have a shop accepting only yu-gi-oh cards as payment. that's the same thing as the "card only" stores. they can refuse you paying with cash.
> does this mean retailers are required to accept bitcoin? that's what 'legal tender' generally means, yes.
ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [judas priest - lightning str]( ─────────⚪───── ◄◄⠀[▶]( 2:20 :30 ⠀ ───○ 🔊 ᴴᴰ ⚙️
there was not even that much a buying activity before the news. the news was a joke, no one even bothered to buy so everyone's selling what they have left
salvadoran here. the bill will likely pass. his party holds 2.
so is it actually unconstitutional to tax bitcoin now?
my understanding is that this president has a supermajority of the legislators so it is as good as law.
careful, he is becoming the first millennial dictator
i'm from el salvador. he's a dictator. he's destroying what little is left of our democracy. are dictators cool? do you hate us?
sounds like she loves your bank account more then you. you can prob do better then that no?
zoom out, spend time with family. go for a hike be back in a month.
joke of a "big news" if you ask me
price is short term unpredictable. countries adoption bitcoin is fundamental changes. these are the kind of things that will be the basis for a new ath.
because it is an enormous ponzi scheme based on billions of dollars of uncollateralized tether printing propping up the price
i'm from el salvador too and nothing like that has been publicly said. source?
those are definitely not the most important priorities. 22% of their gdp is incoming remittance payments, up to 50% of which are taken as fees.
glad to see someone reasonable in these comments. people here are inadvertently praising a dictator.
it's small for bitcoin, great for el salvadorians
bitcoin is all about incentives
we technically have no currency. we use usd.
countries like ukraine, the us and others “hold” some that was seized as part of criminal asset seizures. it’s not the same thing as what is being proposed in el salvador.
is bitcoin a legal tender in ukraine?
and isn’t the iranian gov mining?
something called lightning network troll! how misinformed can you be !?
lightning network you clown.
no dictatorship is a good dictatorship.
price of bitcoin is not the most important thing in the world
there are no better crypto payment systems than the lighting network built on the security of bitcoin.
and el salvador just boosted their economy by doing nothing more besides plugging it into the bitcoin network.
you dare to deposit your bitcoin in el salvador bank?
you think gangs don’t have us dollars??
genius, el salvador's official currency is the dollar. lol
what are you talking about? legal tender is just something that must legally be accepted as payment on a debt, is has nothing to do with paper. and what does the ‘dollar’ even mean in a country other than the us, besides being recognized as us currency?
tesla just added 1200 while you were eating the fud
"how will this practically work" it would not, it will just be what happens when people in argentina get paid, imediately switch to dollars to even have some sort of stable savings, i do not care what anyone thinks, adopting a currency that drops 50% in one month is just not healthty at all for the economy.
why do not you read the sidebar to learn a bit about bitcoin? because what you just asked does not have any relevance to bitcoin. the entire bitcoin network is leaderless and decentralized.
the lighting network usually cost about 1-2 sats for transactions. that's about 1. there are a lot of shitcoin shills that are beginning to realize that they never did actually build use-cases for their shitcoins.
in venezuela, in africa, in russia, in the 95% of the countries
el salvador uses usd, there is a very slim chance of that ever happening. it has more to do with allowing corruption for his ministers and skipping possible sanctions from the us.
its all ready spread out everywhere
yeah, that is what he said...it is been true for a while in one particular village.
watch the stream from the conference today for the full announcement.
argentina and zimbabwe should pay attention.
even if salvador is not a big country, this is awesome news for mainstream adoption.
unfortunately, argentina’s government kirchner are too corrupt to accept bitcoin in the reserves of the country. they are addict to mint more and more money in the central bank and generate more and more inflation.
a country with an inflating currency isn’t a great example
que viva el salvador 🇸🇻 and bitcoin to the moon
i have this very question.
these details are scant at the moment.
more negative than good.
is not that simple. previous governments have played their cards by the usual "democratic" rules but never represented the people's demands, needs and heavily corrupted el salvador. bukele is basically sending a signal to the whole world (not only to his political opposition) that el salvador is ready for a bigger game and that he wants it to flourish at all cost. adding to that, he is doing exactly what the majority of the country wanted, to break the 3 decade corrupt and decadent rulling system we had and to finally start working towards an actual improvement. our main concern is that he is basically gambling heavily at the moment. his actions (bitcoin added) could finally paint a new country in 5-10 years or it could be the final nail in the coffin. regardless of his authoritarian qualities, he is doing what he believes is best for the country, regardless of who is against that. imo... crossing fingers this ends up paying off. source: i'm a salvadorean.
there you go again. actually considering all the relevant factors and being reasonable. then providing support for your thesis instead of blindly praising bitcoin as the panacea for everything. infidel.
bitcoin is for everyone. the benefits of hard money over time will help to reduce the gap between rich and poor. if it goes well i’m sure other countries would follow.
how are they gonna steal money from people using bitcoin? they can’t just go into your bank account and drain it. this is the first step towards fixing el salvador. if you can fix the money, you can fix everything else.
it’s almost like a tool can be used the same by good and bad players.
because ending central bank theft will suddenly make cartels okay with the "international police"... what planet are you living on clown?
the us dollar is el salvador’s current currency, but if btc is to be as well, we will see gresham’s law in full effect. meaning, btc will be used as a store of value and the us dollar as the medium of exchange (unless using lightening ofc). gresham’s law: “bad money drives out good.” at its core the law defines good money (money which is undervalued or money that is more stable in value or appreciating) versus bad money (money which is overvalued or losing value). the law holds that bad money drives out good money in circulation. bad money is then the currency that is considered to have equal or less intrinsic value compared to its face value. meanwhile, good money is currency that is believed to have greater intrinsic value or more potential for greater value than its face value. so, people will choose to transact business using bad money and hold balances of good money because good money has the potential to be worth more than its face value. the biggest thing preventing this was taxes.
> the plan is to create a new crypto currency, salvacoin or cuscatlancoin. 1000% – i've been predicting for years that a small, impoverished nation will convert its fiat currency to its own crypto currency, *not* adopt an existing one. other countries will follow suit over time.
salvadorean here, nothing like that has been publicly said so far. care to share your source?
i’d rather pupusa coin
because you have a high time preference and you only care about price action
agreed. this should have made the price skyrocket. this is the biggest news i've read re: bitcoin since... like ever. the central banks must already own some... planned for this type of announcement and just dumped on this news to make a point? maybe... who knows why anything happens anymore... it is all so erratic and illogical.
because this news can be considered huge and pointless depending on pov. if you look short term then this news is pretty irrelevant
f-them if they were making fun of it. it was an amazing speech and it truly shows the value.
rather than trawl through the conference stream
yet his party won the latest elections by a landslide. i do not like bukele but let us not jump to extremes.
sounds like you are talking about a specific politic wing which was involved in more than 30 years of corruption ergo why people kicked their a$, also you are talking about a president who has maintain popularity over 2 years with 90%+, ya think the minority like you has a voice to come up with such absurd lies? cmon lets face it
he got rid of your corrupt politicians in power. good. there is no democracy. anywhere. you think biden won fairly? hahahahha you're adorable.
it cannot ignore these changes forever. when the next having cycle happens, we will value bitcoin at the level of adoption. buying bitcoin now means you see this adoption working. i sure do.
but dumps because elon literally just tweeted a couple emojis about cumrocket...lmao
an announcement happened, but it could never go through, or take 2-10 years.
not in the developed areas. huge thisparity there.
thanks for responding. how could it be more "dodgy" i'm sorry i do not understand.
i'm at work and forgot that it is saturday
> the us is not going to accept this. china endorses it so is fine.
begun, the currency wars have
he is a corrupt dictator. he destroyed our democracy in less than a month after his cronies took over congress. i'm very thisappointed in this community as i always read people here claiming crypto was an alternative to help common people free themselves from the whims of dictators.
as opposed to all the other corrupt governments you had before? if you say the people of your nation back this man and his party then what’s the problem? i’m very confused by you.
if passes their treasury reserve will hold btc
> you're only "required" to accept legal tender if a court rules that you have to pay a debt. whenever you want to purchase something, that is the extinguishment of a debt.
nations adding btc to their balance sheet is hardly a joke.
this is written in the preteen lexicon of peter schiff. congratulations, you made it! you might think that the fact bitcoiners do not lurk around your shitcoin's subreddits and twitter circles means that you are promoting a superior product. actually, bitcoiners are the quarterback at your high school and you are a goth kid cutting yourself to get attention. the first country to recognize bitcoin as legal tender and hold btc in their reserves is a huge step we have been waiting for since i can remember. this was one of the original narratives that got me into bitcoin before there were a thousand little clubs of hysterical losers trying to kneecap the most important invention of our lifetimes. if you do not understand why this news was a huge deal, i wish you well in your miserable little journey, and i hope you do not have to blow anyone for bitcoin to keep the lights on in the future.
congrats, today is a good day for your country.
serious question, what do you think of the president? he seemed like a young, smart guy to me so i started googling his name and all the articles i pulled up were calling him an autocrat.
great news. but from what little i've read, it sounds like your president is a corrupt authoritarian. ultimately bitcoin adoption is good, but i have to say it seems like the kind of play where he bought a shit ton and then will legalize it so that he can ride that pump to the top lol
a joke, i'm single and far more obsessed with stack bitcoin, gold and silver than girls atm .
max keiser, i love you
let's hope so. hard to believe he can be this stupid.
nations have officially started buying bitcoin. you are a clown.
🥱🥱 old fud, you got anything new?
you have a currency now
what does it actually mean legal tender?
lmao of course it is. stop fooling yourself
yes they probably have more us dollars than any crypto.
so most of the countries that started accepting the us dollar did so because it was backed up by us treasury securities and therefor had store of value, which is exactly the thing that bitcoin does not have. so it makes no sense for a country who uses the us dollar, because of its safety, to start using a highly volatile currency. at least, not using that explanation... ok, so here’s a legitimate explanation: es is an incredibly poor nation. so perhaps the government want to increase their wealth and are happy to take the risk by storing their dollars in bitcoin instead (in the hope of exchanging them back for us dollars). it’s a possibility, isn’t it? here’s a less legitimate possibility: they are aware that many criminals hold bitcoin because they were paid in bitcoin. lots of criminals live in es so maybe the government are thinking “let’s get our hands on some of their crypto” or they’ve been the recipients of some rather persuasive arguments from the gangs themselves. we all want to see crypto used in everyday life as a real currency, but the reality is we don’t need countries like es and gambia to start accepting it; we need uk, france, germany, us to start using it... and sorry to burst your bubble, but the us are unlikely to start using bitcoin because el salvador does. this is not the “giant leap for mankind” that you think it is.
i am not here to argue what you "think" legal tender is. go learn more and then come back, like reserch it for few months read a book idk.
yea i see i’m getting more downvotes than answers to this legitimate question.
well, sanctions are a from of thuggery. i say, give it to the us where it hurts.
>1. how did they manage the high fees?
they will - its inevitable. - also - - - - - dashes - also - venezualens are already buying it.
el salvador’s currency is the dollar 💵
😂😂they know it’s worthless, so their putting what little value is left into btc in order to establish a new currency ecosystem.
our currency is the usd? unless you're saying the usd is losing value, which eeehh... compared to every other currency?
they have the bank of international settlements, the central bank of central banks, they could care less about inflation 🙃
been to el salvador, they use usd, lol.
el salvador has been using the us dollar as a currency for decades.
> i wouldn't be surprised if the cia. again.
nayib bukele was the one who signed the agreement with the oea. the opposition was telling him to create a cicies with the united nations but he choose to not listen to them. who was right from the beginning? i mean, he shoot himself on the foot when he went with the oas instead of tue un like everyone was telling him, because here in el salvador we know the oas is just a puppet us organization. why he did it that way? can you trust him? >bukeles attempt to end the power of oligarchs within the government has angered the us, and i wouldn't be surprised if the cia. he is an oligarch. his family owns coffee plantations, land, construction companies. his family has been doing business with corrupt governments since the 80s, even bukeles brother confirmed that
lol no you are not even posting sources of your claims lol
it is not bad news. bukele is seeking good publicity for himself with this, but the country was moving towards wider bitcoin adoption in baby steps thanks to the good people of bitcoin beach and strike.
well for a start the 4 billion in aid they receive is already being grafted on a large scale. presumably this aid will now be transferred into bitcoin and then be even less accountable than before. how do you recover bitcoin when a trade is not honoured?
anonymity is not required by "good players" that's why i have no issue showing my government issued id to a bank when i open an account. i have no fears of 'authorities" confiscating funds out of my account. but if i did. then btc might be preferable.
i know, i'm down here in el salvador, and yes it will a national crypto coin.
and nobody will use it just like every other state shit coin. see the petro in venezuela. there is no reason anyone would swap.
that wil be bad. a complete shit show
people showing their true colors today.
we all want the price to go up to make cash!
problem is that el salvador has an oppressive currupt government. making the banking system less transparent is not ideal. they are weakening ties with usa, pulling out of anti corruption deals, moving into bed with wealthy chinese companies at the expense of locals. >tony saca, who led the country from 2004 to 2009, is the first former salvadoran president to be convicted of corruption, for misappropriating some . saca's successor, mauricio funes, who was president in 2009-2014, is accused of leading a network that diverted . he is in exile in nicaragua and has denied wrongdoing. they have huge problems with tax evasion etc. this is not a decision done to help the poor. this is being done to help criminals move and hide grafted money. so they can buy votes from gangs, avoid taxes, bribe, black mail and steal. it helps prevent international authorities from freezing accounts for drug dealers. it's overall a terrible sign that the country is going downhill.
in a bear market it does not matter how much bullish news comes out, and while such bullish news is great, it only works whilst the price is moving upwards, and there is more demand created for btc. you know we are in a bear market when news like this is not reflected in price action.
exactly i’m tired of all this manipulation bs by these institutions
probably get-rich-quick moonbois too.
its at the end, best i can do
look into what his party lead congress has done in the past month alone. on their first day they illegally destituted five supreme court justices as well as the general attorney. he has seized all political power for his own benefit. there's no separation of powers. there's no democracy. are you gonna wait till they start imprisoning or murdering the opposition to call things by their name?
sounds like you do not know shit about the political history of the country you speak of. remind me, through which political party was bukele elected as mayor in nuevo cuscatlán and san salvador? remind, me, through which political party was he elected as president, who founded said party? his press secretary, who did he work for beforehand? has bukele cut ties with herbert saca or is he still whispering in his ear? you're an ignorant fool.
yeah that is a sad state of affairs
the president's party controls 2.
nayib is probably the most powerful president there can be (majority on every house) and has 90% approval.
the president of el salvador is a narco. he bought btc and just made this announcement trying to manipulate the market. which exposes btc as dodgy or a vehicle for quick profiteering
tbh, most of us probably have not a clue who he is. on the bright side, bitcoin is hard to control, so to some extent it "does not matter" if he wants to be an authoritarian about it. the technology will keep chugging along and getting better, regardless of what he likes. in the mean time i hope this is a positive development for your country. i have to wonder what jack mallers was thinking? maybe he got swept up by his charm or just thinks the most important thing is getting bitcoin into as many peoples hands as possible.
he comes from the same corrupt governments. he didnt quit the fmln, he made himself be expelled. currently, he is a member of gana, a party linked to drug lords in el salvador and mexico. he was "different", but he turned out more of the same thing
if the bill passes
well and only by court rule you can clear your debt with legal tender, so what's your point? you're still not required to accept it without court order.
i mean the price decided that it was a joke
it's complicated. the country has had a long history of presidents that are super corrupt and have done little or nothing to help the people of the country. in some places of the country it was the gangs like ms-13 or the 18th street gang that were directly running and terrorizing villages and the government has been very futile in dealing with them. now nayib is actually doing something about the gangs and for the first time in very long time he actually seems to be working for the people but as seen he has showed authoritarian qualities and it is very worrying for many people. the people of el salvador finally have a chance of having stability and safety but it could be at the cost of living under a dictatorship or regime. for many citizens there is not a choice, it is either have nayib as a dictator or risk losing they are life or loved ones
much better than any leader in latam , he os committed to the country and his actions are similar to how singapore got started….my favorite part is when he talks about stop the country for asking for free stuff but instead a country that learns to do business around the world….he has had the balls to stand up to the communist, to the rich and the corrupt international agencies that live of of doing “ charity “ …he is about working to get ahead… a leader with a country vision
i see ty for the clarification
he’s done some things to concentrate power for himself, like ousting the whole supreme court and installing a new one aligned with his interests. this article explains it better
our official currency is the us dollar. the us government has heavily criticised bukele for his autocratic actions and so he has strengthen his relationships with russia and china as a "gotcha" move. my guess is this is a move for him to further escape accountability while keeping on building his international image as a "cool" head of state who's in with the times.
i'm buying, but it looks like i should be selling at this point. if everyone who talked at this lame convention just went onto stage and market bought some btc it would have a higher impact than "el salvador proposing a bill" which will probably get rejected anyway lol
i'm not sure this fits the categories of fear, uncertainty, or doubt. there is a high degree of certainty that tether was not backed by cash a few month ago. since then they have only gone and printed 2x more tether than existed before in total, 10 billion last month! all of it a net buyer of btc, supporting the price.
that you can officially pay in bitcoin. like it has to be an option to pay in a store to buy goods.
> legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. source: a dictionary
well, google, wikipedia and the dictionary seem to be pretty clear that 'legal tender is anything a jurisdiction declared as being accepted for clearing a debt. and while most of the sources suggest that coin or banknotes are good examples of legal tender, they are certainly not the only things that qualify. wikipedia: medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation not sure what route you took that required months of research, but relative familiarity with the subject based on the history of money in general, and a few minutes of verification on google seem to suggest that i'm not the one who has no idea what they are talking about.
believe it is all done on the lightning network using strike (maller's app)
check them now, fees are non existent.
they use lightning network wallets in el zonte (bitcoin beach) so fees are basically nothing.
well... corruption in venezuela starts with the president, so i'm not seeing that changing any time soon. the guy is such an idiot, that he had time to pickup bitcoin a few years back and would have solved most of the country's and his problems by now, but still did not. can't be dumber than that.
last i heard, they were mining btc.
exactly. inflating currency. 😂😂😂😂😂
compared to the cost of education, housing, gasoline, food, lumber. yeah. i'd say it is inflating.
or maybe just no comparison at all since there’s no existing financial system to compare it to
and what does that have to do with this? el salvador is the first and only country to use bitcoin like this so comparing its future to any country with an inflating currency doesn’t make sense.
i'm giving my opinion, just like you are doing it. if you are going to post links, try also being objective and showing the whole picture and not showing a bias opinion. you may continue spamming your thisinformation friend.
they’re not going to need aid anymore with the jobs and prosperity using the best money ever created is going to bring to their people. el salvador is going to be a completely different country in 10 years, i guarantee it.
> anonymity is not required by "good players" the right to privacy is a human right (article 12 in the un declaration of human rights), and i do not have to explain fuck all about what i do with my time to you or anyone.
i do not see how, they are going to need jack's help to roll the lightning network out across the country just to keep the promise el presidente already made... and no bitcoiner, least of all jack, would help him add other coins to the network.
. it's not about organic adoption. if it becomes the only option, then it is a foregone conclusion. besides, as -sung mentioned, this is not even going to be a real thing, it is going to be a cash grab by the government in power, nothing more. they're only going to try to get btc into the door to legitimize the scam they are going to try to pull afterwards.
not if it is legally forced at fixed exchange rate, which for anyone with absolutely any historic knowledge of currency has seen it done so many times it is not funny... see gresham's law
sure, people are assholes for wanting to better their financial situations, get out of debt, escape their 9-5 rat race job. lets go with that. jesus, some of you guys need to get off your high horses lmao
i'm not selling for cash ever. lol. maybe i'll convert to cash only to buy something right away but never to hold cash.
what ?i’m at the wrong thread, can someone point me to the thread where people are hoping the value of their bitcoin goes down.
everything you mentioned has been done down there for decades using the us dollar... and hurting the innocent civilians in the process. now the innocent civilians may not pay as high a price as before.
well. they just took a step towards being the least corrupt country by adopting bitcoin.
would you say more corrupt or less corrupt than the us government?
> you know we are in a bear market when news like this is not reflected in price action. you might as well be reading tea-leaves.
ohhh look at you, defending all stupidity from previous governments such arena and fmln, this is the new way and we will be the best country in central america soon and everybody will look up to el salvador and reign of bukele and all the change that he will do, you need to go there live a couple, not just believing whatever bullshit is on news, i grew up and lived there 16 years i can tell you all the bs was going on from previous corrupt politicians that have destroyed lives and hopes.
no es un santo, pero crees que los otros partidos lo hicieron mejor? es el siglo 21, la democracia se convirtió en cleptocracia que se convirtió en autoritarismo, se vienen décadas de autoritarismo para el mundo, solo hay que leer historia y ver noticias internacionales.
wow, thats a lot, like even more than half. guess its a done deal then.
are you his vice president with that insider info? or did your magic crystal ball tell you that?
i mean china endorses el salvador relying less on the usd.
the problem is his government is notorious for its corruption. him and his close allies are forming a new economical elite through acts of corruption and money laundering. el salvador is a poor country, you might be rightly thinking, but there is still enough money to steal to make a certain few absurdly rich. regarding mallers, this is not the first time bukele has used 'influencer' type figures to his advantage by sweeping them off their feet. just before these past elections to congress, he brought some hugely popular mexican youtubers (lusitocomunica and his crew of assholes) to interview him for their podcast. he gave them a special detail of security with many policemen and soldiers in black trucks and pickups and had them live in luxury for the duration of their trip. in exchange, this youtuber gave him great publicity among the younger demographic of voters.
how so, is there any evidence of these claims?
the president's party is in control of the legislature.
while you can place a notice before a purchase that you will only accept 'cash' or some other condition, without such notice, you are indeed required to accept legal tender for a purchase. there are generally other laws that deal with fair trade bartering, they generally only relate to legal tender laws because of taxation. you can specify which ways you will accept that tender (i.e. cash only), but if you have a price for something that you're selling, yes, you are required to accept the legal tender for that purchase.
it would not. he has absolute majority in congress.
"hi i am . i could not give a fuck whether the 70% of unbanked people in el salvador have access to sound money services. i do not really care that their economy relies on remittances and the lightning network. fuck em. what a joke! i have no idea how much political pull their president has when proposing a bill."
here are some great sources, i hope you’re able to take a good read
really ? what are bitcoin hodlers logical explanation for this?
that is not legal tender. shops are allowed to accept or reject whatever they want, there is no option they are 'required' to accept by law, they could accept only seashells if they so choose. legal tender is what courts must accept if you are paying debts.
strike is more recent, but they have used lightning before.
and the thunder thunder
unless musk makes a tweet and crashes their whole economy overnight. the more stable the currency the more stable the country.
privacy is an illusion not a right and is only governed by strength if anonymity is your only protection, and that was taken away you would get put in your place very quickly.then crying and cowering you would explain exactly what you do with your time. if you have strength then these that breech your privacy are punished
all doubts will be cleared this week. the congress is going to approve this either tuesday or thursday without further thiscussion. mark my words.
how will bitcoin help them scam their people?
filled with get rich quick scammers. maybe that is your crew, it is not mine.
how so? what features of bitcoin will make the government less currupt? i only see bitcoin usage making it even easier to hide crimes
what features of bitcoin help reduce corruption?
more currupt in every sense of the word.
hey remind through which political party was bukele elected as mayor of san salvador and nuevo cuscatlán? through which party was he elected as president? can you remind me who founded said party? isn't it a certain corrupt president who we just found out will only have to pay back 19 mill of the 300+ he stole? through wich party was he president in the mid 2000s? is his cousin, herbert saca, tied to narcos, not still an influential figure behind curtains? “reign of bukele" so you already speak of him as a king, was that a freudian slip? lastly, you just gave away the fact you do not live in the country. you lived here 16 years so you left as a clueless adolescent with no understanding of the political situation. that's cute, i've lived here my entire life and still do, unfortunately. almost 3 decades. no me vengás a hablar de quiénes han venido a destruir nuestras esperanzas y tal cuando vos defendés a capa y a espada a una mescolanza de la vieja y nueva élite de corruptos solo que bajo un nuevo nombre. sinvergüenza.
¿pero por qué no me respondés a las preguntas anteriores? te lo digo claro, todos sabemos que detrás de bukele está jose luis merino (de la cúpula del fmln) y herbert saca (el primo de saca y por muchos años operador político de arena). lo único que han cambiado son las figuras más públicas, la cloaca que está por detrás, ahí sigue. ¿me lo vas a negar? te digo algo, al menos en los últimos gobiernos hubo avances con la ley del agua y la ley de acceso a la información pública. en gobiernos anteriores igual habían encontronazo entre los diferentes poderes de estado, igual se robarons cientos de millones de dólares. ¿pero qué se ve ahora? no sólo se ven retrocesos en materia legal, sino también que peligra la alternatividad de poder. hablás de leer las noticias y conocer la historia, por esl te digo, mirá de dónde venimos, cuánta matanza innecesaria propicio la guerra. por alcanzar la democracia imperfecta, sí, pero democracia al fin y al cabo que hoy este maje de barba lustrada quiere tirar al drenaje de la mano de los inutiles sin personalidad ni consciencia propia en la asamblea. y como te digo la cúpula que ha estado tras el poder en este siglo sigue ahí, viva y más fuerte. no sólo merino y saca. mirá entre los mismos grandes empresarios que lo apoyan que están los kriete y los dueñas y otros más. si nos hemos movido únicamente ha sido para atrás.
sounds like a shit situation, that is for sure. i hope bitcoin and strike can do good for the people of el salvador, despite the corrupt politicians. still, a bit thisappointed that mallers talked this guy up. it's like he did no due diligence.
there is no federal statute mandating that a private business, a person, or an organization must accept currency or coins as payment for goods or services. private businesses are free to develop their own policies on whether to accept cash unless there is a state law that says otherwise. -federal reserve
> so, i'm not sure this supports your case quite as strongly as you might think. the very first article is about tether being taken to court because they had no money in their bank account to back tethers 1-to-1, instead they had some money in their lawyer's bank account, and on the day that they got their account checked, they illegally transferred some in from bitfinex, a different company, to cover the gap. the article is about the new york attorney general saying exactly what i'm saying, and fining them millions for lying. one article is their dodgy bank which is run out of a tax haven by about 5 people swearing that tether are honest and have reserves... after all other reputable banks have refused to work with them. the there is the article about all the documents they have provided to nyag about their reserves, which show how little cash there really is, which are missing a great deal, and which do not account for the fact that since that date, they have gone on a printing spree, of an additional 40 billion, twice the amount they were struggling to prove were collateralized before! these are a bunch of articles about tether legally falling apart
at least in the usa, currency must be accepted to settle debts. you can accept others, but the dollar must be an option
> paying debts. a purchase is the extinguishment of a debt.
yeah i have not followed maller's work for too long but i initially thought he was working on an ln wallet called zap. i'm not sure if that became strike or if the two projects are completely separate. i'll have to look into it.
i had never thought about it that way. do most centralized sql dbs require 10,000 nodes? is there an alternative coin you'd like to shill to me?
you're a fucking idiot. get educated you shitcoiner
the more musk tweets the more it doesn’t affect the price.
no, if they start pricing things in bitcoin the usd value wont matter. 1 btc = 1 btc.
oh so what about the usd that lost 98% of it is value over time? so much for stability.
> crying and cowering you're the one squealing like a little girl about people exercising their right to privacy flash.
by converting all of our savings overnight to alt-coin, and the government becoming a central bank digital currency
government corruption is an unfortunate side effect of government. 70% of the population was unbanked but now they will have bitcoin. that’s huge.
the government can’t print more bitcoin to pay for their things. so the government can’t take away their citizens purchasing power. this move saves the citizens from accruing country debt at their expense.
the biggest corruption inhibitor is the limited supply. governments are forced to operate within a budget and cannot over reach their power. it also empowers the people because whatever money they earn can be saved. there’s much more to say, but those are the main two.
there is a bitcoin for beginners sub. start there
it's a public ledger. you can watch where the sats flow on a node.
> what features of bitcoin help reduce corruption? they lose the ability to print money that steals peoples savings.
impossible. for starters they don’t affect as many people
well fucking said. it's laughable that people who fucked off years or decades ago are telling salvadorans what's good for them from thousands of miles away. they've adopted the white savior complex because they are en la usa or somewhere else far away from the problems here. i've only lived here 3 years so i do not pretend to know the nuances of last 4 to 5 decades of politics in this country. the only thing i know is that my family who has been here all their life is not happy about this change and are seeing it as another way for money to be stolen from the people. people here deserve better. it's sad to see old women still having to break their backs working in the sun or in the busy market streets and seeing youth finish school only to be told to go to university for a chance at making a measly 400 to 600 usd per month.
en primer lugar era primera vez que respondia. lee la historia del mundo y las noticias globales, en el mundo ha existido un retroceso de las democracias funcionales, aparte de que vivimos en la era de la post verdad, soluciones populistas están ganando popularidad en el mundo: el no de colombia, el brexit y trump en 2016, amlo en 2018, bolsonaro en brazil, el regreso del kirchnerismo en argentina, el regreso del conservadurismo en polonia y el surgimiento de movimientos más nacionalistas en europa, existe una crisis en las democracias del mundo. por otra parte miremos a nuestros vecinos guatemala y honduras, habla con gente de allá y pregúntales si quisieran vivir acá? muchos de ellos te van a decir que si. yo no digo que es un mesías, pero el maje responde a una coyuntura, fue la incapacidad de los gobiernos anteriores de mejorar efectivamente el nivel de vida de la gente y créeme que me cae mal cada vez que sale en la tele, pero en este nuevo mundo no creo que ninguno de los partidos políticos anteriores habría sido capaz de hacer las cosas mejor que este maje. un gusto encontrarme un salvadoreño por estos lados, saludos!
no saves cuando te van a regresar tu plasa fantasma? 👻
most are willing to turn a blind eye so long as there is monetary or political gain in it for them. also, no one gives a shit about us. our lives and futures are worthless. bitcoin becoming mass adopted is more important than the lives of anonymous folk in a small hispanic country. my parents were born into a dictatorship. my guess is i will now die into a new one.
that's not true everywhere, and you're likely to find even states in the us have similar laws to the commonwealth. > to accept cash that's where i see most of this confusion coming from. using that term changes the context of the thiscussion, because it is being stated as an alternative to an alternate payment method (i.e. card), not about accepting *legal tender* aka money. every quote i've seen here that talks about 'accept cash' seems to derive from this misunderstanding of what is being described. here is an example of a person that has a meal at a restaurant, and needed to pay. the restaurant wouldn't accept their payment in legal tender. it was definitively resolved in 1956 by the high court, and i'm afraid that you're wrong. in young v queensland trustees ltd (1956) 99 clr 560 at 567-8, the court said: > the common law does not and never did conceive of indebtedness in a sum certain for an executed consideration as a mere breach of contract : it is rather the detention of a sum of money and that was so whether the creditor enforced his demand by an action of debt or by indebitatus assumpsit. were it otherwise it would not be necessary for a defendant who sets up a plea of tender to bring into court the amount of the debt with his plea. the reason he must do so is that the tender answers only the breach of obligation alleged and not the debt. this is explained by the following statement by wilde c. j. in dixon v. clarke (1848) 5 c b 365 (136 e r 919) : "in actions of debt and assumpsit, the principle of the plea of tender, in our apprehension, is, that the defendant has been always ready (toujours prist) to perform entirely the contract on which the action is founded; and that he did perform it, as far as he was able, by tendering the requisite money; the plaintiff himself precluded a complete performance, by refusing to receive it. and, as, in ordinary cases, the debt is not thischarged by such tender and refusal, the plea must not only go on to allege that the defendant is still ready (uncore prist), but must be accompanied by a profert in curiam of the money tendered. if the defendant can maintain this plea, although he will not thereby bar the debt (for that would be inconsistent with the uncore prist and profert in curiam), yet he will answer the action, in the sense that he will recover judgment for his costs of defence against the plaintiff" (1848) 5 c b, at p 377 (136 e r, at pp 923, 924). that covers all of the commonwealth countries. most countries will have similar statutes or precedents. like i said.
did gold ever fail as an asset when banks decided to print money? 🤔
not legally speaking, no. if you fail to pay a shop, and walk out the shop with the item, you are committing theft and they can then press charges. and at that point if you lose the case you would be required to pay using legal tender to settle the debt (which likely be more than the original cost of the item, due to court fees). but this is not quite the same as the transaction that occurs in the shop, if you offer to pay a shopkeeper in seashells then they are well within their right to say no.
they're separate. the bitcoin beach residents were mostly using a custom lightning wallet, i believe.
educate me, cult member. lightning network is off chain, right? what exactly is a 'channel'. if it is off-chain, then it is not part of the decentralized block chain, right? how is the off-chain part decentralized then? i'm just ignorant about it, so teach me, genius.
mamá mía mamá mía!
btc: from my point of view it is the usd that is unstable!
haha. good one. are they completely independent? no exports? no imports? that's works fine if they completely forgo any international trade. it's not working so well for north korea but maybe they will have better luck. i personally believe increased international trade leads to wealth, not the other around.
that's because you do not know how to look at it. as someone with a relatively large cash debt (mortgage) and very little cash in my hand. inflation is not my enemy. inflation rewards these that borrow to invest in assets.
how would bitcoin enable the government to convert everyone's savings to an alt-coin overnight?
flexibility in monetary supply is one of the reasons why usa is so wealthy, not the opposite. access to affordable debt is wealth. lend me 2 million dollars at a reasonable interest rate and i'm set for life. >it also empowers the people because whatever money they earn can be saved the biggest debt most people take, is their mortgage. inflation reduces the burden of this debt and helps property prices increase. as long as you can service the interest payments you will automatically acrue sayings. this is how most people create wealth. not from saving a small percentage of their wages. it rewards people who borrow to buy assets. borrowing money to create wealth drives economy. (my house has gone up 30%, and i'm in a relatively poor performing area)
not debased, at least until some random tech ceo tweets about it and the price drops 20%.
i know the answer. i just wanted you to say it out loud so you can realise the glaring flaws
that's certainly a great feature but i'd argue it is usefulness is somewhat diminished by the anonymous numbered accounts. you could wash money though thousands of numbered accounts. of course you can do that with modern banking as well. but tying bank accounts to government issued id is easy and very effective which is why it is almost universally implemented in lawful countries. i do not know why you would volunteeringly remove that unless the government was the one you were trying to hide your money from.
people who think that putting their money in a shoebox and then waiting 10 years is a sound investment strategy are beyond help anyway. but jokes aside, would a btc economy still tax income? because if they have the agility to set taxes then they are able to "steal" as much of your savings as it pleases them anyway.
es que no te lo niego, es cierto que se han visto esos movimientos hacia el conservadurismo en el último lustro pero yo también percibo que la oposición significante a ellos igual se empieza a gestar más rápidamente, como el caso de brasil con la posible destitución de bolsonaro, otro populista que moja por el poder militar como el nuestro, y colombia con todas las protestas que se han registrado últimamente. es cierto, el hecho de que un farsante como bukele se hiciera con el poder es resultado directo de la falta de inversión en la población de las administraciones anteriores. ¿pero decime como no van a querer venir acá si lo único que conocen es la imagen labrada que vende el gobierno con esos spots bayuncos que cuestan miles de dólares y transmiten en cada corte comercial? si hay algo que resaltarle a este gobierno es eso, su uso de la propaganda. en fin, me puse a escribir sobre esto porque me harta ver cómo se propaga la fantasía del bukele mesías y este país como el paraíso en vías de construcción. a mí me preocupa el prospecto de comer más mierda en este país en las próximas décadas. el cambio también puede ser para peor. los seguidores de nuevas ideas juran que si bukele no les cumple lo van a quitar del cargo. ¿pero con todo el poder político y militar, qué nos asegura que va a dejar el poder apaciblemente? ¿para qué soltar a la gallina de los huevos de oro cuando ya la tenés agarrada del cuello?
¿una plaza fantasma como la de conan castro, actual secretario jurídico de bukele? ¿a qué hora le vas a exigir a tus diputados quitarse el sueldo como prometieron en campaña? ¿ya te thiste cuenta que hasta se asignaron más fondos, verdad? aunque por tu forma de escribir no creo que siquiera vivás en el país. se delatan solos. en lo personal, nunca he ocupado un cargo político ni siento inclinación por defender a políticos corruptos, así como vos.
any thoughts on this person's post? edit: nevermind, i see you voiced your opinion!
i own 2 laundromats. if i wanted to go cashless, i do not need permission to do so, but i see your point. it would be an alternative payment system, instead of bartering.
> if you offer to pay a shopkeeper in seashells then they are well within their right to say no. because seashells are not legal tender.
thanks i appreciate the info
i think they used the wallet of satoshi for a good portion of the commerce at least to begin. but, of course, anyone can use any lightning wallet they like.
educate you? you just called me a cult member. you stupid shitcoin bag holding degenerate gambling day trader lightning is peer to peer payments something that bitcoin base layer cannot even claim. lightning is it is own network built on top of bitcoin dumb fuck.
we'll chuck some sats your way when you're destitute in the gutter.
> lightning network is off chain, right? a lightning channel is a bitcoin transaction dumbass. it is literally a bitcoin smart-contract.
fair point, inflation is not so much of an enemy in this case but still... whatever cash that would come in the future, it would kept being damaged. but idk "how should i look at it" then. how? only look at monthly inflation rates? not forgetting that the public debt is the other side of the inflation story... they walk hand in hand, and they will end up in a crackup boom or a, idk, decade-long profound economic depression, which would pretty much likely result in civil wars and whatnot i still see those as "unstable" stuff...
it can and will happen once it is legal tender. it isnt a bad thing, but the purpose of doing that is to hoard us dollars to pay recently acquired debt.
i see you are a full blown keynesian here for a fight. have you considered the long term viability of such an approach? you are borrowing from the future to bring about prosperity in the pressing rather than living within the real world. inflationary policies in debt based economies have resulted in the fall of rome, hitler’s rise to power, and the trans-atlantic slave trade. this is all without saying that cheap debt is immoral and the main driver of wealth inequality
you know that 70 percent of americans have less than ,000, right? that's about a week's worth of salary. how does that align with "usa is so wealthy"?
what if there was more to life than self indentured servitude by entering into a mortgage agreement? what if saving was rewarded vs. spending to get a mortgage to build wealth through artificially higher inflation? you didn’t get 30% richer in your house, you have the same purchasing power as you did before they turned on the money printer at the start of the pandemic.
your house has not gone up 30%. your fiat has gone down 30%.
so... 1) you admit to trolling... interesting. and 2) corruption will use whatever monetary tool is available. if you want to curb corruption go after the corruptors... not their tool. that is like trying to stop stabbings by outlawing knives.
> people who think that putting their money in a shoebox and then waiting 10 years is a sound investment strategy are beyond help anyway. i started using bitcoin as a store of value in 2014. i'm currenly up about 100x with those funds. perhaps it is you who should be using those two ears instead of that one big mouth. > because the reason you're changing the subject is because your argument got stomped on. here, let me remind you: > > what features of bitcoin help reduce corruption? > they lose the ability to print money that steals peoples savings.
seems like both of you guys still think leftists are your ultimate saviors? seriously? after all these years? marxists have been the downfall of latin america and still you hope they have the solutions? seems to me the worst dictators in south america have always come from the left. the definition of insanity is doing the same thing over and over again and expecting a different result.
even if the country is going in the wrong path they’re at least walking a better path... is it a perfect path? no, because nothing is perfect. i dont even like that he has his own newspaper and channel because they’ll never point out anything bad that his party does... but over all this is better than what was there before.
yes, there are definitely laws around bartering as well, at least where i'm from. the main jist of bartering trades is how you identify the value of difference between barter items so that tax can be calculated.
that's besides the point, they wouldn't have to accept it even if it was. i was using something obscure to illustrate the point. but fine, replace seashells with paper cash for instance. many cafes nowadays do not accept paper cash, and are legally entitled to do so.
yes, you proved me wrong. you are definitely not a cult member.
wut no, it is not. i do not think you know what a smart-contract is. whoever dumbed it down for you, really, really, dumbed it down.
, not reality. we live in a ti of unprcedented wealth creation and stability. "...in 1950, three-quarters of the world was living in extreme poverty; in 1981, it was still 44 percent. for last year, the research suggests that the share in extreme poverty has fallen below 10 percent. it is particularly remarkable if we consider that the world population has increased sevenfold over the past two centuries in a time of unprecedented population growth, our world managed to give more prosperity to more people and to continually lift more people out of poverty..." even the poorest people live better than the wealthy class did 100 years ago. forget about "inflation or deflation" etc etc. these are just terms for the eggheads to use when trying to sound smart. i like to think about my actual life and, i know it sounds silly, but you know what my measure of wealth is? i have a car. i could drive 3 hours away, and then buy enough fried chicken to fill the boot of my car (trunk for americas iirc), i could then come home to my secure, warm, furnished house, throw all the chicken out the window and watch netflix. it would not noticeably affect my overall financial position. i have no fear of starving to death. i have no fear of homelessness. i have no fear of freezing to death during winter. i might not have the nicest car, but its reliable, i might not have the nicest house, but its warm and not infested with rodents. i might not have a million dollars, but i sit on my computer, in my warm, well lit home, with my lightning fast internet, with a glass of scotch in my hand and i feel very wealthy. soooooo much of the world lives waaaay below this standard.
i do not agree that "it can and will happen". a government cannot simply convert your bitcoin to some altcoin at will, "overnight", no matter what the legal tender status is. they can steal people's coins, but people will fight back. its not easy to force people to hand over bitcoin.
>inflationary policies in debt based economies have resulted... in unprecedented wealth creation... in 1950, three-quarters of the world was living in extreme poverty; in 1981, it was still 44 percent. for last year, the research suggests that the share in extreme poverty has fallen below 10 percent. it is particularly remarkable if we consider that the world population has increased sevenfold over the past two centuries in a time of unprecedented population growth, our world managed to give more prosperity to more people and to continually lift more people out of poverty
i did not know that. regardless % of global income. >that's about a week's worth of salary. how does that align with "usa is so wealthy"? well, if you make ,000 per year, you would be in the top 0.31% of the world’s population in terms of earning income. so yea i'd call that "rich"
i could sell my house and pay off my debt and have 6 figures left over. i absolutely did get richer. >more to life than self indentured servitude by entering into a mortgage agreement? well i bought a cheap house and i do not think i could rent for less than my mortgage payments. we have two kids and my wife has not worked for the last 4 years or so and i only work 4 days a week. we are hardly slaving our fingers to the bone. >what if saving was rewarded vs. spending to get a mortgage to build wealth through artificially higher inflation? businesses would fail on a grand scale. wages would drop. consumer prices would fall. unemployment would sky-rocket. government would earn less taxes. stock markets would crash, people's life savings would be crushed... idk what do you think would happen?
1 - i want you to participate in the thiscussion and not just go "youre wrong, go google stuff!" 2. bitcoin is exceptionally well suited. that's why it is origins lay with drug dealers on the dark web. they (international police led by usa) were going after the corrupted in el salvador. the purpose of this move is to provide these criminals protection from international authorities. this is like trying to stop stabbing by replacing knives with swords
\>what features of bitcoin help reduce corruption? they lose the ability to print money that steals peoples savings. el salvador can print usd?
seems like you're trying to oversimplify the political situation of a country you do not know nothing about by using terms like left and right. newsflash, there is no left leaning political party in el salvador. moreover, you must not know much about the history of latinamerica if you are unaware that most latin-american dictators of the past century were far right aligned as well as funded and trained by the us.
you have really poor reading skills, who is talking about leftists?, really let me know where do we talk about marxism? i'm not defending the left i'm not a socialist or communists then you say: "it seems to me that the worst dictators in south america have always comes from the left" do not be so naive, have you ever heard about pinochet?, batista?, duvalier?, streamer?. and finally you add: "the definition of insanity is doing the same thing over and over again and expecting a different result." that is not the definition of insanity.
la ignorancia es atrevida. you do not even know the history of the country you speak of. you do not even speak our language fluently. i wrote this before in spanish and i'll write it again in english. who finances and influences bukele behind closed curtains, are you gonna deny his ties with josé luis merino (historical fmln leader)? how long will you ignore his ties with herbert saca (tony's cousin and arena's, now gana's, political operator)? did you know adán salazar, the narco capo from texis, was just let go free? do you know bukele's imposed new attorney general has ties with el cartel de texis just like herbert saca? are you gonna deny bukele's negotiating with gangs behind close doors? are you going to deny most of his newly elected congress members belonged to arena? are you gonna deny people like chris guevara and koky aguilar were benefited with multi million contracts during the pandemic? is it fair that saca's wife will only do 10 years in prison and saca himself will only have to return 19 mill out of the 300+ mill he stole? i remember a poor man having to serve five years in prison for stealing a chicken. is this the improvement you speak of? is archiving the law that was gonna make water a human right progress? is denying trans people an identity progress? is denying gay people antithiscrimination laws progress? is archiving the law that would make abortion legal under specific causes progress? is the destruction of democracy in exchange for autocracy progress? you say things are better now, i say you've fallen for bukele's propaganda. you're still supporting those you claim to despise only now you do it under a different name.
> many cafes nowadays do not accept paper cash, and are legally entitled to do so. while you can place a notice before a purchase that you will only accept 'cash' or some other condition, without such notice, you are indeed required to accept legal tender for a purchase. there are generally other laws that deal with fair trade bartering, they generally only relate to legal tender laws because of taxation. you can specify which ways you will accept that tender (i.e. cash only), but if you have a price for something that you're selling, yes, you are required to accept the legal tender for that purchase. the non-acceptance of legal tender is many times the justification for thiscrimination offences.
i’m holding on to this obscene hope that some intern kept the key on the dl
... and here it is sat in the blockchain it's the fact they were thinking about giving it to charity... then came up with some stupid excuse not to (most likey as it did not make for such a dramatic headline). sad.
thanks wired for increasing btc scarcity. not only you lost money you also helped the bit-coiners.
wired is nothing special but pure sensationalism.
the mined coins might at some point be worth more than the magazine itself
wired and techcrunch have always been so consistently pessimist and skeptic with tech that it makes me wonder why their writers or people in general joined tech oriented press.
wired credibility on technology for anyone wandering
some bitcoin whale should purchase ad space in wired and point that out to the readers😂 edit: typo
bahaha what a bunch of idiots. even if btc was a fad, why not just hold onto the bitcoins? what is there to lose? oh wait, .
it’s like a corporation doing share buybacks. the fewer shares there are to go around, the more the circulating ones are worth! thanks wired!
betting they just lost their private key, and made up this story.
"money is nothing but an abstraction over bartering - therefore we are burning all our cash."
why is it that almost any corporate tech media is always full of morons who do not know shit about the tech that they are covering? wired, ign, kotaku, cnet, destructoid, gizmodo, pc world, the verge, the list goes on and on. why is it that i can (and do!) get better, more informative coverage from some random shmuck on youtube than from people actually doing this shit professionally? people who supposedly have degrees in journalism and have press credentials should be better at it than this. it seems like the people who should be informing us have decided that it is more fun. so very seldom is anything of value actually written by mainstream tech sources.
i always laugh when supposedly smart people play themselves. they could’ve prove their point by for example saying they’re gonna lock it in a safe for 10 years and it will be worth nothing by then. why always it has to be destroying things to prove some point?
i remember when wired was relevant a long time ago
why are there many transactions going on for months after the date of the article? also some years later.
“with eclipse, we've mine just over two bitcoins in about ten days.”
why in earth would they destroy the key!!! why not just forget about it like any normal fella
i do not know if this is better or worse than when i looked at my coinbase transactions from 5 years ago when i owned like 20 bitcoins, then sold them for 15% profit lol
depending on what they learned it could be well worth the money...
i mean 8 years on, that is still all it is.
what if they had already lost the keys and this is just them making an excuse to walk away without looking incompetent
they said that just so they don’t have to pay cap gains tax to the irs. it’s like publicizing you had a boating accident.
i love when people tell me crypto is not real money it is just internet money. this is my response. "you have a bank account? you deposit cash into your account? you see a digital number on your screen right? ok so what if i told you that the cash you have in your bank account may be at another bank somewhere else in the world and the digital number you see on your screen is just the bank showing you what they owe you in fiat." usually shuts everyone up. they never really reply after i say that.
most american media outlets are simply arms of the military . it highlights the effectiveness of propaganda, when they believe it themselves. they probably do not feel stupid, even now, because it is 'worthless'. people do not like to think critically or admit they were wrong.
how do we know that they actually destroyed the keys? also, some it guy in the office, probably some underpaid nerdy intern, might still have back-up of those keys. but most likely it may be the person who had the access to keys and also came up with this great idea. it may also be a case of two bird one stone. they got the attention and got to keep the coins too.
god hodls it now
should have bought a pizza with it.
lmfaooooo what fucking idiots holy shit
the price of idiocy. should be seen as a gift to all holders since supply got smaller by that amount making the ramaining btc more scarce.
good. we have even less in circulation then.
isn't all currency an abstraction of labor?
pretty sure the reasoning was more than everyone is remembering that met the eye. they were starting to get conflict of interest problems because they wrote about it and held it or something of the sort. i forget.
in the arms of the angels
they simply have burnt some btc. good job ;)
i like seeing posts like this tbh
supposedly tech experts 🤦‍♂️
these people are clueless. sha-256 is not an encryption, it is a hashing algorithm. cracking it wouldn't give access to private key they destroyed and thus to those coins, solving factorization would. both would be devastating to bitcoin if not prepared for in great advance so gaining that access would be pointless anyway. > that leaves our growing pile of bitcoin lucre locked away in a digital vault for all eternity – or at least until someone cracks the sha-256 encryption that secures it.
fucking virtue signaling idiots. i remember reading that article and thinking "you're gonna cry later". that day is now.
💎 hands thank you for the donation.
how did that play out for them?
i hope wired has fun staying poor
thank you for your donation morons
i wonder if the person that came up with that idea kept their job? just imagine the talk they got when btc hit 20k...40k...60k. the boss' face getting progressively more red. i'd quit out of pure embarrassment.
holy smokes, i’m sure they committed suicide by now
why waste it? thats a sizable amount of money that could be donated to any charity of your choosing... so dumb.
13.3 btc back then was only a couple grand but is now . there will be a day when 1.33 btc is worth .7m. i wonder how much the magazine is worth right now.
it's not actually a loss. it's a burn for the greater good. that 770k is divided between all of us holders because of the reduction in supply.
thanks wired! love my scarcity!
most of media and magazines have narratives so forget reading them. think for yourself. its better reading books by honest authors
if you are not interested in profiting by taking someone else's money in return for nothing, it is actually not a bad move. unfortunately as soon as wired moves out of the way, a hundred other people line up for the opportunity.
they probably lost the keys by accident then came up with that bs
wired is actually what got me into crypto! somewhere around 2011 they had a 2nd article (first was years prior and i thismissed) of which i finally was interested enough to mine some coins way back then. i only mined a bit (regretably) but today its worth far more. i mined ltc because btc was already asic bound but not ltc at that time and could still be done via video cards. it also had an interesting article about ai and automation in the finance industry and had a toy robot on the cover. i still have it somewhere. thanks wired!
it is! an abstraction. but a valuable one.
yeah we definitely need to think about that... it's really important...
i destroyed all my private keys too.
that's not weird to do something weird by the weird. but they finally know that bitcoin is not weird.
big ooouch for the shortsightedness - cost you . hopefully lesson learned.
what is sad is he had no desire to do anything good with it. they could have said we will donate it to a charity or other.
weird flex but okay
what a bizarre reason. destroying money because of its abstract purpose. totally divorced from reality.
that’s assuming they actually destroyed it.
god job robert mcmillan. good fucking job. no seriously, your loss was our gain. every lost bitcoin raises the price.
they could have just leave it, they really have to make an effort to destroy it
does lost bitcoin like this protect the price from major fluctuations? since it can never be sold?
thanks for the donation guys!
guys, invest in mylottocoin project! this is the new hype topic of the blockchain market. soon, we will dominate in the defi field. you can check , trustworthy project, imho. i’ve already filled my portfolio
let this be a lesson to all those who predict the death of bitcoin. bitcoin is like a phoenix that rises stronger and stronger from all its trials. bitcoin's success is inevitable. those who embrace its revolution first will be the ones who are rewarded the most.
wow, that’s the kind of stupidity that they wouldn’t want
they had me at "it's a live feed of the bitcoin miner that the folks at butterfly labs shipped us last week". i forgot about that scam.
thats like 4 bitcoin...
big fail, at least keep it as a souvenir, jesus!
ya know in the looooooong run empty inacessable blocks and wallets like this could be the death of bitcoin no? or are more generated than lost? since it is diminishing returns with time i'd think there would reach a point where less is created than lost over time. with no reclamation method once the private key is permamantly lost.
and the usd is not an abstraction?
still new to this stuff... what exactly is the key? we can see the address of the wallet so is the key just a login to a website or what?
that just shows what they are even more twatish than the original article, why not donate it to a bunch of charity wallets? wankers.
going to have to track down this physical issue. it'll make a great personal collector's piece.
they only make everyone else’s btc worth more. we should thank them for the community donation
guys have probably contributed to new all time highs by making btc that bit scarcer
as with anything worth examining, it is as important to know what was left out in combination to what was put in. leave out the “nothing more than...” because this is a rhetorical device used to preface a derogatory connotation (you can talk about anything like this; playing the violin is nothing more than pulling a bunch of horse hair over cats entrails. mechanistically speaking correct, but music is so much more right?) to what is partially true. it is a pure abstraction, in exactly the same measure as our fiat currency system. both are so much more than just an abstraction though, put into an appropriate context. much like that quarter pounder/“royale” burger is abstracted by and different from the menu. the menu is not the meal, and is therefore an agreement of what will be used to store value and trade fairly, without an intermediary that is subject to abuse the power of duplicating at zero cost what takes a significant amount of energy to obtain by the people that perform labor for obtaining it. it is nonexistent in reality, therefore interchangeable by let’s say inches. it sounds logical that one can not build a house without having money. but it would sound insane saying that you can’t build a house without inches. inches of building material, yes. so 1 unit of “money” is needed to obtain its trading pair of non-abstract valuables, such as wood, nails, power tools. now, what makes this abstraction better than the existing fiat abstraction, is that we are all given the gameplan blueprint, the scarcity dynamics are purely transparent by arithmetics. this is something that we can predict in terms of its behavior, in opposition to a system where the rules of the game are always at the sole thiscretion of the administrator that abuses that power. well, don’t fight an existing system, that will only perpetuate and reinforce it. build a better one, and make it obsolete. tl;dr: they must be hard wired to espouse the sentiment of the current digital currency administrator. (yes; our fiat currency is also a digital currency, cash is almost wiped out). edit1: expanded on the derogatory metaphor.
i love the development of crypto is doing. but we need to be careful, a lot of scammers who pretend to be something cool and then do a very nice rug pull... no matter where you invest in if you are investing a big amount of money make sure to use an insurance. shield finance is launching its platform soon and it will be the sky scanner of insurances.
they forgot that the us dollar is also an abstraction
haha someone please make a bot that tweets this whatever employee did this so they never forget their mistake. i can’t wait for like 10-20 years when that amount is worth more than most publicly traded companies.
good on them for giving the value of that bitcoin back to bitcoiners. every bitcoin destroyed or lost makes the remaining bitcoin more valuable. my respect for wired just went up a notch.
why do they hate money so much? they should be punished for that
can someone explain to me how people are saying this just makes the remaining btc more valuable. there's no guarantee the keys are gone. how is anyone able to determine how many total coins are "lost" (i.e. lost wallets, forgotten keys, hit by a semi and noone knows you had btc, etc)?
i so love how this is the largest gathering of add kids, ❤️ every last one of you. except the assholes, assholes blow
thanks for the donation bros!! 🤑
the excuse they gave to not give the bitcoin to charity is one of the stupidest thing i've read in my life...
the utter arrogance by some
coincidentally wired stopped to be relevant around eight years ago.
8 years ago...was symbolic of course as it was worth pennies. not sure but weren't custom short password-like phrases popular to use at that time?
turn the original comment into an nft. sell for stupid money. buy more btc. done.
i feel this is a good place to share my open call, especially on a laughable crypto story such as this article. i am looking for people interested in sharing anonymously their crypto stories. whatever your experience...going from rags to riches or riches to rags. if you are ok and interested in anonymously sharing your story of how crypto has changed your life please email: cryptanonymous.story.com i'm really looking forward to hearing from some of you
they should edit that headline to show the value in btc and not $
i would not make that mistake. i continue to buy btc on bitfinex and store it on ownr. profit.
they probably lost the keys by accident
should have given it to some hungry kids bro
thanks to wired for the donation.
an online magazine is also nothing more than an abstraction.
...they are not wrong? bitcoin is just a weird instrument of speculation.
that was a lie, they destroyed nothing.
all currency is an abstraction xd
i have lost my private keys in a boating accident.
since you can afford to just throw ,000 away right now can you help me out. i'm 41 years and on ssd and medicare and get . making matters worse back in january there was a fire at my apartment building and a sizable amount of my stuff has gone missing. also last in february of 2020 i was beat up pretty bad and require an 8 on 1 whole month replacement both up and lower because i have a really bad gag reflex every dentist i've seen thinks dentures would not work for me. jaw realignment because my is 15mm out of place , sinus surgery, and bone graphing in my clavicle and ribs. of course medicare would not cover any of this. medicare does not cover a lot of things thispite what people think. anyways in total i would need ,000 to get the medical and dental treatment i need plus replace my missing and get me out from being an over burdened renter. if you are willing to help thank you and email me for further information. if you are not willing to help just do not send some email to just die already and thank you for not doing that.
in 1995 i read an article (maybe wired?) that predicted that the large amount of memory of microsoft programs used would make them obsolete soon. they were complaining that their os took a whole 5 gigs! so yeah...
i think they were lying about destroying the key, what could be their intention for saying that?
were they trying to escape the taxes?
eh, that is like saying the guy who bought 2 pizzas for 10,000 btc "lost" almost 600 million dollars. btc is a medium of exchange.
yeah at least give it to the intern why shred the keys. that's like me rating a burger and tossing it after a bite in front of a beggar.
why? every little bit helps to keep our money thicc.
waiting for the statute of limitations to expire. hodl or jail.
they were lying, they knew what it represented (a threat to the fed who owns them) and they were acting the aperachik. they may have never had any, and they wanted you to destroy your key, but they did not destroy that key. msm says something the opposite is probably true.
i hope it’s gone forever!
770k worth of bitcoin moved! now that would make headlines, legally would they be able to keep it?
a lot of folks speculated that they just fucked up and lost the key. saying they purposely burned it is a way to make them not look dumb. or not as dumb as admitting they lost the key.
the charity wouldn’t have kept the bitcoin either tho.
so educate a newb. you posted a link to the transaction, (all transactions are public because they get published to the crypto currency network). but wired can never retrieve said money because they destroyed their private key? this brings me to my next question about entropy. if the blockchain ledger is public all the way back to the first transaction, would not it eventually become too big to contain? if blockchain.com can lookup old transactions, it must have a database of said transactions...how big is the db? what's
man i could really use it. like really.
how does ownership of an address work? we can all see the address but how does someone claim it to use the money? is it just a login to kraken.com or something?
also i would imagine the magazine makes more than that a year so it is not really hurting tjem.since they making money. now if it was some broke joe who threw it away it would hurt more. rich people do not care losing on chump change
fcking radical hardcore leftists... so, why are you wondering!?!
idk the headline > watch wired get rich quick with our sleek bitcoin miner doesn't seem like a very dramatic headline.
yes. if you destroy bitcoin then value is not lost, but increases values of other bitcoins.
something like a third of all btc is lost.
there can be only 21million bitcoins for the whole world, do not they understand its importance?
wired's danger room was actually super informative. but they got rid of it years ago.
yeah true they could write an article based on this now.
perhaps it is nothing more than an abstraction.
read the article, it is not terrible. ops quote does not do it justice.
leftist stupid, radical, propaganda but well gendered, sensationalism
“some point” = currently?
wired has been consistently pro-technology, pro-internet, pro-software, pro-"tech will fix every human problem" since the 90s. i have not seen that much pessimism. i've subscribed to the print edition since the 90s. used to keep them all in boxes. you know how much 20 years of wired magazines weigh? about 300 pounds, seemingly. finally got rid of them after a recent move because i do not want to move them again. anywayyyyy, if i destroyed the private keys for a bunch of bitcoin from 5 years ago, i would be kicking myself pretty hard.
being a skeptic (of new technologies) makes you sound smart and more times than not, you'll be right. first, it is easier to gather public support and make people agree with you on such topics because people have always been skeptics of "new" things. most new ventures are risky and fail but if they do not then the critics can just say "well, who would have thought that. totally unexpected." so these so called technologists and pseudointelectuals just reaffirm the crowds to make a name for themselves.
because their owners are "old money" and always keen to try to prevent everything (like propaganda) that could hurt their businesses. democratic 4th pillar is dead, since moguls took over the power on what and how to report on it. goebbels wet dream came true, just on the "other" side...
why give them money tho?
yeah, that would really show them. give wired some ad revenue and encourage the purchase of back issues. sick burn.
nothing more than an abstraction
stuff they used to waste paper and digital storage space on.
those things that hold bullets in guns
it’s how you make ransom letters.
the internet made out of a tree
i'm wondering if it is somehow related to the "peter principal" where people who get promoted eventually reach a level where they are unable to perform their duties well and then they stay there in that position. or to put it simply "people fail upward to the level of their own incompetence" (this is from memory, the actual explanation puts it way more eloquently but i'm too lazy to google) :)
journalism degrees are used to entertain you in print form, not for sound investment advice. bitcoin really ripped off the mask of these phonies. money magazine was a big thisappointment for me, they literally never wrote an article on bitcoin, up till the day they died and became facebook only. how foolish of me to have gotten advice from them...
their core purpose is to sell magazines... not give good information. if sensational or shallow or plain wrong achieves higher sales then the magazine will inexorably rot from the inside as it grows and sales. happens to every industry, and to the extent the market is free they will fail... be replaced with a fresh company... and the process starts again. with monopolies or industries that are protected you just get fucked.
welcome to the modern media. the phenomenon is far from being limited to tech, unfortunately. it goes for science, health, and other areas as well.
those who know about the product do not waste their time writing in a fucking magazine
seriously man. ign just recently did a gameplay demo of rust console and everyone who plays the game was like “what the fuck are they doing?” i mean they were actually walking around in the game as if their player character was actually physically and mentally thisabled so weird how the mainstream orgs are the most clueless of all. you’d think they’d be the ones with the money to pay the people who know what they’re doing. 2 mins on youtube scrolling through content creators and a couple dms and boom you have someone way more knowledgeable and requires less pay
to be fair, some of these used to be great. i’ve been a listener of leo laporte since 2006. he’s had some gem peeps from the verge, gizmodo, and cnet.
they stopped being relevant the moment they installed a paywall or blocked adblockers. killed the golden goose. a media outlet people actually liked, referenced and engaged with.
people are just peopling. there is an address in mastering bitcoin used as an example with warnings not to send btc there. well guess what happend next.
the wallet has 13. 🤦‍♂️
i've got 0.001 btc in a wallet on an old hard drive. 🙄
no lesson is worth a lifetime of labor at today's market rate. no lesson is worth the lives this money could have improved, or even saved if it had been turned into insulin or needed surgery. this is a highly overrated comment.
sure, in the sense that that is all literally _any_ money is. thing is, it is a better abstraction than any we've had previously.
people don’t trust what they don’t know or don’t understand
eggs-zactly. each "new" ... "currency" gets looked at with suspicion by everyone. what good is any currency to life on a desert island? ☺️ why should i take these shiney trinkets in exchange for the crop i just harvested that can feed a few thousand people? everyone knows what "gold" is worth, why should i trust this piece of paper you just printed? everyone knows what this green piece of paper is worth, how do i know that blank thing you scribbled on is worth anything? so this plastic card thingy can buy food? what a bunch of crap. 🤩
worse than that, the majority of cash only exists in digital form anyway.
potentially, but since the money has increased by over 300,000% over the years. one would assume it would have been touched by now. i genuinely think they just fucked up and misplaced the key and then claimed this.
all currency is an abstraction. you could add "of value". but i say incorrect to add "of labor".
they made us all slightly more value, sooo thanks wired.
i mean, technically they donated the money to every bitcoin hodlr :d the bitcoin itself is lost forever but the value is in the market.
wired flex but okay
sounds like a cult
everyone can do with their keys and crypto whatever they wish to. that’s the beauty of it.
there will come a time where mining old insecure seeds becomes profitable.
password to the wallet. only access.
the rising exchange rate will continue to punish them into eternity.
the destroyed coins are off the market, so less supply means higher prices if demand stays the same.
you're way off... hard thisk space required to install windows 95 on a clean system: 50-55 mb.
burger: 5 out of 5 stars
except then wired would have found out and demanded the key back! like the recent story where someone got paid in btc for some marketing work and now the company who paid it wants it back after the value increased 700%!
you know that if they gave it to the intern and then found out now how much it is worth, they would immediately threaten a lawsuit. people are assholes when it comes to money.
the value of lost bitcoin is implicitly thistributed proportionally to all stakeholders.
so why do they need to tell "so were destroying the keys". sounds like someone did it so they can kee the keys for themselves and tell others that they destroyed it.
because it’ll be funny if a likely unpaid intern fucked over their dumb company
it definitely seems worse this way. intentional stupidity beats carelessness in my book.
that strategy didn’t age well. now they look dumber.
losing a key by accident is less dumb imo.
if they lost the key why even mention it at all?
if they lost the key why even bother announcing it lol
you're all a bunch of pessimists, (most) journalists wouldn't sell their ethics and credibility for a few hundred bucks. what they did gave that value back to all the holders then and since and i have renewed respect for them.
it is like saying they lost it in a boating accident.
truth. they would have liquidated quickly. cash on hand is more valuable to them.
right now the entire bitcoin ledger is around 350gb.
everything is on the blockchain. nowadays the blocks themselves are around 390 gb plus 5 gb for the chainstate database. these together comprise all the transactions and the information about spendable coins in all wallets. i think that storage and transfer technology is avancing much more faster than btc can be mined.
this is why bitcion's blocksize is kept small. they could 100x the # of transactions bitcoin can handle, allowing the fee to drop back down to less than a cent, and instantly get rid of all the naysayers that say bitcoin is expensive and old, but then the blockchain would grow so quickly that it would get harder and harder to run nodes because you'd need many terabytes, and it would forever increase. this would hurt decentralization and therefore security of bitcoin. instead we get a barrier to transactions in a moderate tx fee, meaning that on-chain transfers will only be used for large amounts of money, and secondary networks built on top of bitcoin will be used for regular daily purchases or passing around small amounts of money. and the blockchain will continue to grow at a slow rate, far slower than the advance of storage capacities and costs, allowing even greater decentralization in the future. so no, the blockchain size will never become "too big" for nodes to reasonably handle because it has purposefully been kept small, taking into account the tradeoffs that entails.
cryptos don’t work for a variety of reasons. firstly there is a practically unlimited number of different coins. that’s a problem, because it diffuses value and creates coins that will fold. the second is that they aren’t backed by a state. the third is that the creation of a coin creates value out of nothing with no corresponding value in the real world. guess what, i invented a currency called bullshitcoin. there are a hundred units, and i will sell them all to you for a dollar each. you are a smart and savvy young investor aren’t you? going to pay off the folks mortgage for them? excellent, i’m sure they will increase in value. hey buddy, i invented a currency called bullshitcoin2. there are a hundred units, and i will sell them all to you for a dollar each. you are a smart and savvy young investor aren’t you? going to pay off the folks mortgage for them? excellent, i’m sure they will increase in value. etc, etc. wait until in the future it’s decided that people who own any crypto will have to pay the carbon tax on it. that’s going to hurt.
everyone can see the address and the public key but only the owner of the private key can prove ownership of the address. you can get the public key from the private key, but it does not work the other way around. you cant take the public key and get the private key from it at least not with todays technology and barring some quantum computer advancement, a flaw in the cryptography, or many lifetimes of traditional computer processing power work to brute force it not even with tomorrow's technology :p.
they made their own wallet and without the private key these coins can not be accessed anymore from my understanding.
they did not destroy bitcoin, just their ability to use it. well played.
so there will never be 21 million btc. even better!
including throwing money away, apparently
i think he was talking about the company that makes the magazine, not an issue of wired
what did you do with all the old wored mags? seems like it could have decent value for collector's. i hope you did not just destroy them, who knows what they will be worth in 8 years.
i get what you're saying, but to default to skepticism is exactly as you put it, pseudointellectualism. if you were optimist on every piece of technology, yes, you will get burned at some points. but i also like the phrase pessimists sound smart, optimists get rich. albeit with needed asterisks probably. to me skepticism is the easy route, its basically casting zero votes on what you think is going to be a part of evolving society. that's not why i would subscribe to those channels. i could just ask my conservative father on his opinion on anything new and get the same answer. that's the vibe that i get on many of their pieces, like some begrudging old school person somehow fell into a tech office. but i do get your points. there is a way to be nuanced, and in their defense i'm sure they have made such articles, on how something like bitcoin has potential to be something huge, but they have also helped add to the pile of articles on how bitcoin has been defined as dead or failing over the past decade. i think the best way to frame my angle on them, is that entities like wired, or at least neutrally, educate their readers on new tech stuff. instead, they often inject \*negative\* bias. they could just teach people neutrally, instead they basically call bs like they know more than the developers of the world, which aggravates me personally. i'm not saying there is zero room for opinion pieces, but yeah...
is it more or less than an abstraction than bitcoin? or the us dollar perhaps?
> health you mean to tell me i do not need to wear three masks and lock myself in my home for a year, leaving only to go buy stuff at whatever megacorporation stores the government decides can stay open? surely you jest!
which site had that cuphead demo where they couldn’t even pass the tutorial even with the button prompt thisplayed on screen?
"please do not send money to my bitcoin wallet" *rubs hands together* good. good
shit i gotta try that w my wallet address lolol
>no lesson is worth a lifetime of labor at today's market rate. no lesson is worth the lives this money could have improved, or even saved if it had been turned into insulin or needed surgery. this is a highly overrated comment. this money is not really lost. through the deflationary process it benefits the holders of accessible bitcoin.
at the time the value was not the value it has currently. if they realized their mistakes only one year later and put everything they could in bitcoin and hodled untill today that current ...
money cannot be lost, only transferred.
fair, i'm just confused why "it is just an abstraction" was their reasoning, considering that could be said about any currency, including usd
oh i agree. i was just wondering when the tipping point would be and how large the "dead wallet" volume will grow with time, how that may impact crypto in the far future.
how do we know they are destroyed though?
or maybe their while computer was 5 gigs. well, do not trust me but i found these other jewels that should not have been trusted
why, that is a tasty burger!
i'm bullish on bull burgers!
that's fair. yeah, i do like that. i extra like it if they left because they thought wired were idiots about crypto. that would be some delicious irony. oh, to dream.
in what way would it fuck the company over at all? they ate the loss regardless of whether or not someone else recovered it. the dumb company has already been fucked over.
i agree. when i was in the navy, i crushed my hand behind a trash compactor. the rumors were that i did it on purpose to get out of being on a submarine. i never bothered correcting anyone because i'd rather be known as the psycho that did it on purpose than the asshole that did it on accident.
and if they were down on crypto at the time, it would have been a good way to demonstrate how 'bad' crypto is because it is fairly easy for someone who has a decent idea of what they are doing to lose everything forever
would have made for a decent point too? like yeah despite this stuff being fascinating it is not for those who struggle to be tech savvy. would have been a much more reasonable than “we don’t like it so throw it away” it’s much better now but man those first iterations of wallets weren’t easy. i’m surprised i was able to get my btrash coins out (to sell of course)
that — and the last thing a nonprofit wants is a reason for the irs to take notice of their books.
does this mean if i want to mine on my machine that i need to dedicate 350 gb of thisk space?
a bitcoin transaction cost a minimum of 150 sats. at the current price of bitcoin, that is around 10 to 15 cents is the cheapest on-chain transaction that can be made. lightning network was deployed so transactions could remain cheap as the value of sats continue to rise. bitcoin transactions have always cost around 200 sats. it's the increase in the price of those sats that is making the fee in dollars rise.
they wouldn’t have to 100x the data capacity to get tx fees down to pennies(edit: around 150 sats). re-setting the cap to 32 mb (where it was in 2009-2010) or even half that would allow enough room you’d not have any mempool backlogs. as pretty much every tx could fit into the next block the fee competition wld be gone & very small tx fees would be the norm for a while. possibly for another few years depending on adoption.
nice succinct answer. well done
with bitcoin, i consider those two to be the same. never ever being able to access it is the same as it not existing.
there is itll just never be that full amount in circulation. from people dying without giving steps to retrieve crypto. or just forgetting the seed phrase that bitcoin or crypto will never ever enter back on an exchange or be circulated ever again. win win for us hodlrs!
i got a carmageddon 1 demo from a pc mag, probably played that one demo on my 100hz 486 for over a year, at least 100 hours at less than 10 fps. what a game that was when it came out... and then i needed a voodoo 3dfx card to play the demo of carma 2 haha
if you're into linux, they still do!
i agree. i was trying to joke that wired (as an enterprise) is already worth less than the lost coins.
recycling bin. it was not worth my time to figure out which ones were collectible. selling on ebay or something would also take more time and effort than they are worth.
> i hope you did not just destroy them, who knows what they will be worth in 8 years. pretty sure that bitcoin will be worth more than old wired magazines will be. i have several 90s comic first editions that are worth far less than you might initially think. they basically have to be pristine condition to have a good value.
we're not thisagreeing :)
yup, that too was mass hysteria created by the same incompetent people. 2020 was the year of the lifting of the veil. a lot of true faces were shown, but some people are still too blind to see it. or they just perpetuate the old narrative as the truth is too shocking for them to behold. the censorship surrounding anything resembling criticism on the whole ordeal or the restrictions imposed was a big fat red flag. if you are not allowed to criticize things, something shady is going on.
you cannot secretly withdraw things from a public blockchain...
no, they did a thing to be shitty and smug and they squandered an opportunity to do good. a little good then, and a lot of good now. they suck, and everyone defending them sucks.
this comment is underrated
it will make it more scarce. that’s it
"... you mind if i have some of this tasty beverage to wash this down‽"
do you know what they call a quarter pounder with cheese in france?
me, i cannot usually get em cause my girlfriend's a vegetarian... which pretty much makes me a vegetarian.
fucked over in the sense that they put the money towards making a statement about bitcoin, but they ended up giving an intern money.
how is your hand now?
so you do not agree with the above poster.
struggling for tech savvy is hardly a good look for a magazine about technology.
yeah, really sucks to have to pay tax on give it to me, i'll take it off your hands and pay the tax.
dont charities get audited every year anyway?
no, only if you want to run a node.
no. to run a node you need about 4.5 gb currently for the utxo set. you do not need to keep anything else, other than the last 0.5 gb or so of blocks. so 6 gb is more than you need right now. and if you mine with a mining pool you do not even need that. the pool will validate all the transactions for you so you do not have to.
they are the same for the person who lost them, but not for everyone else. there are now fewer coins in circulation, reducing supply, thus increasing the value of the remaining coins.
we can argue that somebody some day will be able to break ec and hash if the address was not used and get private key. but i think that in 20 years we move to other encryption mechanism and the consensus may be to rekt unspent txos after some time.
well it is semantics, but if i destroy something, i'd expect i would not be able to show it to you anymore.
and the last owners of those lost coins are forever hodlers. cheers to them!
what about if someone who had a lot of btc just declared they had lost access - like wired is doing now, which pumps up the scarcity and therefore value, but then they have access all along and just sell it? seems pretty manipulatable
nice one max damage, that voodoo back the was called voodoo banshe video card:)))) thank\`s for reminding me the good old days :))))
my neighbor got pc gamer magazine back in the day and he got that demo in that magazine. he let me take it home and install it on my computer as well. i played that demo so much when i was a kid.
man i forgot about that game. got it in a demo myself and wore it out. went on to torrent the next one. oh the days of internet piracy, convenience got me spending money every month
exact same experience. haven’t thought about that game in a long old time.
jesus, you downclocked your cpu to 100hz? how was the framerate, 2 frames per hour? ;) my monitor ran faster than 100hz back then ;)
if every human was shot for squandering an opportunity to do good i'm afraid there would be none left on earth.
this rating is undercommented.
a royal with cheese
"quart de livre au fromage" according to google translate. not too sure about that one.
they do not give a shit *where* the money went, just that they do not have it anymore. it was gone for them one way or the other.
makes some clicky sounds and i have some numbness in my pinky but thankfully it does not hurt. healed up pretty well. i'd always hear horror stories about military doctors but they were good to me.
their tech riders dude they don’t fucking admin servers
you do not need to store the whole blockchain if you run a full node, you just need to have downloaded it at some point while validating the history. afterwards in pruning mode most of it can be thiscarded.
it is the same for both parties, think about it
the moment encryption is broken is the day bitcoin becomes literally worthless anyways
wouldn't such a move somewhat devalue accessible bitcoin?
but it is possible for you to not be able to show me something even though it is still intact.
that's where the block chain comes into play. people would physically see any money being moved through hash marks. and it is all verifiable on the block chain network. it's the same reason people cannot counterfeit btc without it being thiscovered.
hah yeah, i think it was the voodoo banshee that i got, if i remember the voodoo 2 was available but i needed the one with an agp interface rather than pci. because the agp cards were faster back then if i remember, and my mobo happened to have an agp slot. god, when i saw that texture rendering for the first time, where there would normally be a pixellated texture, the card rendered them at a higher resolution so everything looked incredible. those were the days man...
the physics engine was really good, i remember trying to do skate tricks with that red death machine. and the power ups were just so funny and bonkers. one time i had pinball mode x solid granite car, nice combo. but then i randomly hit the 2 funbois: turbo nutter bastard nitrous, and acme damage magnifier. that quad damage combo was fucking nuts. i was near the last 3 cars inside a medieval castle area. it was chaos, i wasted 2 of them in about 10 seconds. then my red death machine just started pinballing around and glitching out until i randomly wasted the last dude (vlad the drag) and beat the demo while my car looked like a tiny little piece of red and black abstract sculpture. all while running over grannies with zimmer frames and listening to fear factory and wilhelm screams. best fucking game ever
i like the fact that the old argument for piracy was "people will pay when you deliver them the content in an easy enough way." and netflix and steam just smashed it out the park. these days i wouldn't even consider pirating a game, although a part of that must be being older and both playing less games and having more thisposable income.
hah, actually i had the turbo button so i could downclock to 66 mhz but obviously i kept her running at 100. i was mostly getting 2-10 fps at 640x480 i think lol. 8 mb of ram too! but my mate got a pentium 2 when they first came out, and that ran carma 1 pretty well, probably 15-30 fps. think that was a 300mhz cpu.
almost all of them, linux mags are keeping that alive, although most of the big ones i see are from the uk. if you're in canada mr. goose (maybe even at uw), check out your local chapters or indigo.
fuck. you're right about that.
under this comment, is unrated
it is a royale wit cheese. ain't you ever been to amsterdam, kid?
somebody didn’t do their homework.
not talking about no paper cup, i'm talking about a glass of beer
it's a royal with cheese because they do not even know what the fuck a quarter pound is.
yes. so let us pretend you are a company that wanted to make a statement about cash. they tell an intern to take a wad of cash and burn it on tv. the intern pockets that cash and burns a fake wad. the cash was not for the intern. i’m not saying it would be a huge thing, itd just be funny that not only did their “message” not work, but they inadvertently would have paid an intern 700k
glad you did not lose it
i was always under the impression military doctors in general were in a league above our own! if your not uk you might be more fortunate! most of them are utter useless but thank god we can go shopping to choose the best specialists and gps (hardest part!
i've got to hand it to you, this is hands down the dumbest thing i've heard all day. but then again, dumb shit and the navy seem to go hand in hand. anyway, u, hand ^have ^a ^nice ^day
keeping hold of private keys is hardly on a technological par with adminning servers, dude. it's writing down some fucking words. ooh, how techy.
nonsense. it will be replaced in the meantime by a different compression.
that's why rekting older utxos.
but if they just made a new wallet to do normal transactions then you wouldnt know that first wallet is linked to the original "lost" on right?, then when the price goes up they sell the original
hahahhaha yeah exactly, and the card was only 16 mb back then. man, what a time that was :))))
it's true, i spend about , plus another
you also saw pulp fiction! i've been to amsterdam a few times, but there are few memories after going into some coffeshops, and the few things i remember eating were muffins and mushrooms, maybe confused with the portuguese version.😅
i do not know. do they sell krusty partially gelatinated non-dairy gum-based beverages?
just got to watch pulp fiction tbh, lol
i don’t get the joke. that’s what it is though.
hamburgers: the cornerstone of any nutritious breakfast.
i’ve always called it a “quart de livre avec fromage” , i have no idea what the hell this whole “royale” thing is.
i understand that but you're thinking it would "fuck someone over" is wrong. their message would still have worked (had bitcoin actually been worthless) either way. just being hilarious would be all it would accomplish. from a pr perspective, it is not like anyone would think they are somehow even more dumb than we already think they are for actually burning . i'm just making the point it is not fucking the company over at all or undermining their statement since their statement is already undermined by the price of bitcoin.
thanks. me too lol
military doctors are the doctors that could not hack it in the civilian world. what doctor would choose to do more work for less pay and also have to be away from home for months at a time?
i do not think crypto would die, but bitcoin would have to be completely overhauled if not outright deprecated. it's not a dig at bitcoin. breaking strong encryption like sha-256 would wreak havoc on the entire world, as pretty much any kind of secure or encrypted action done on computers relies on encryption. thankfully, as far as we are aware for now, sha-256 seems inpenetrable, and even exponential increases in computing power would still mean brute force attacks remain **effectively** impossible
does that mean people that keep the bitcoins in the new secure addresses are safe but the old legacy addresses will be hacked at some point. it would be like a treasure hunt.
whether you get bitcoin from an exchange or someone sends you some. it's all verifiable on ths block chain. its origin can be tracked like how a dollar bill has a unique serial number.
episode 57 of brad and will made a tech pod is on the history of graphics cards. just two nerds reminiscing about old graphics cards, from the state of this conversation i think you two would enjoy it!!
describe what marsellus wallace looks like
read the rest of the thread, it’s a movie line
you should watch pulp fiction.
i’m simply saying it fucks them over because their money didn’t go to what they wanted it to. it’s not that deep, and there’s really no need for this pedantry. i wasn’t saying it was some sort of big gesture or a big dent to the company. in this scenario, an intern took money which was to be burned. if that intern took that money, since we can see the bitcoin in the wallet, we’d see it withdrawn and therefore the company’s message is dulled.
now you can hodl stronger!
i’ve known 2. they decided it’d be better for the military to pay for medical school than be 100s of 1000s in debt.
some of them just want the adventure. a story i heard from a navy doctor went like this, "so we were on shore leave and i was kissing these two chicks. and i mean we were all three of us kissing at the same time..."
sha-256 will not be broken by brute force, but by analysis. there is also the replacement for ec in bitcoin, so we will move and change slowly. no need for a sudden overhaul.
give it a decade and ibm makes you the fool. sha-256 am not more than a shiny turd in the face of quantum computing.
yes, the protection of any encryption is not indefinite. so we move to other cryptographic algorithms as they evolve. we may also drop utxos if they are older than 25 years for example and their encryption is weak.
does he look like a bitch?
1 marsellus wallace = 1 marsellus wallace.
once again, company does not care where money goes, the message sent either way. company message is unaffected whether or not intern has the money. either bitcoin = valuable and company already looks stupid or bitcoin = worthless and company's point stands. >there’s really no need for this pedantry. we agree on one thing. i do not get why you're still arguing this but i'm done with it, this is just circular logic and repetition at this point. enjoy the rest of your tuesday.
this is what i've heard. they get the military to pay for school, then they agree to 2-5 years of service as a military doctor fresh out of getting their md, and in exchange the military covers their med school bill. so the military gets a revolving door of fresh, young doctors, which is not necessarily what you want, but it is a killer deal for the md's
lmao somehow i totally forgot about quantum computers for a while. anyways, they are still just beginning research into it, and quantum computers right now are effectively useless. not to say the research is, but at least they are not a threat right now. who knows when they might start gaining way more computing power though.
moore's law has not kept up the last decade
sha-256 is quantum resistant though. ecdsa is not.
what am not no country i ever heard of. they speak english in what?
yes. this is exactly it. a relative of mine taught med school and ran a residency program and regularly had military come though. all equally as competent. ideally they would even be assigned to perform the type of medicine they were trained in. interestingly, his thoughts on how to decrease the cost of medicine involve making med school free and increasing the number of doctors.
seeing as how the quantum internet is ready for infrastructure construction in china, i'd say not that long. this tech is right around the corner and the bitcoin community is delusional about the security we'd need to actually protect the blockchain.
not in traditional computing. we cannot ignore the inevitable though. quantum computing will shake up the crypto scene, and it could quite easily lead to the depracation of bitcoin.
originally pin and tumble locks were pick-resistant. now? there's probably not a lock on your house that a pro cannot defeat.
say what again! i dare you, i double dare you!!
english motherf*cker do you speak it?
i'm not saying sha-256 would not ever be broken, but it would not be because of quantum computers. ecdsa, which bitcoin also uses, can be broken or significantly weakened by quantum computers because it relies on integer factorization being hard, which it is not with a quantum computer which can run [shor's algorithm]( there is nothing relevant in sha-256 or other hash algorithms. you're right that if quantum computers get more powerful, we may have to gradually start to upgrade bitcoin to defend it, you were just wrong about the cause being sha-256. that's alright.
i never said the cause was sha-256. the cause is very clearly quantum computing. you're assuming a brute force attack will be the only thing these computers are capable of and that is delusion.
what you said was: > sha-256 am not more than a shiny turd in the face of quantum computing. so how can a quantum computer be used to weaken sha-256?
a rainbow table would be very time consuming to produce with one quantum computer, but 2? 10? 100 even? who knows? i certainly know i'm not going to pretend that bitcoin is going to magically avoid the quantum threat on the horizon.
> i certainly know i'm not going to pretend that bitcoin is going to magically avoid the quantum threat on the horizon. that's absolutely true. but the acute threat is against elliptic curve cryptography, which is at the heart of bitcoin's security since it uses ecdsa (and soon schnorr). sha-256 is nowhere near at risk compared to that. if anything is going to become a "shiny turd", it is ecdsa.
your assumption that sha is safe is based on your idea that we would not make massive leaps in hashing power and i thisagree. once there is a rainbow table even 25% complete, you can kiss btc goodbye.
do you think sha-256 is the primary danger bitcoin faces in relation to quantum computers through? you do not seem to worry about ecdsa at all, which literally is the first to go when quantum computers are powerful enough. i'm not even sure if quantum computers will contribute that significantly to hashing power. but in any case, these things would not suddenly happen. we'll be able to predict this years ahead, and there will be plenty of time for mitigation. there will be no need to kiss bitcoin goodbye.
why would i even mention ecdsa? we both already know it is got an expiration date. you know it, i know it. my point is that without some form of quantum encryption, none of the current blockchains will survive the quantum era. we've already seen these machines do incredible things in the early alpha they are in, such as literally manipulating matter that is thousands of miles away, instantaneously. this is not a new graphics card we're thiscussing, this is the future of human evolution. you're basically trying to make the argument that your precious hash functions are going to magically hold up to decades of technological advancement. bitcoin will be replaced by another crypto unless the core developers can build their own quantum computer first lol.
nah don’t say that cuz you would’ve sold it when it hit tell yourself “bitcoin hits 50k”
hmm. i’d go buy bitcoin hold
i have so much i’d say to my 13 year old self. but it wouldn’t matter because 100% he wouldn’t listen.
yes, i actually found out about btc when i was 13... but did not have means of buying it
absolutely agree, except 13 was way before bitcoin became a thing...
“be not afraid” it would just be a weird creepy memory that haunts me forever anyway, might as well have some fun with it.
use a condom. these are words that will make you millions
i would only have to wait 35 years to figure out what the f\*\*\* i was talking about. i would do better with "buy microsoft" or "buy dell"
i would have said "don't sell bitcoin" because that not only implies to buy it but it also makes sure i do not sell it like i did...
i was thinking about a gandalf # buy bitcoin fools
this is getting old tbh
rather than buy, i’d say mine. in the early days it was super cheap to mine btc. but i’d have to tell my 13 year old self to wait 26 years to start.
would have forgotten by the time bitcoin is invented
yes, same. having bought btc at ,0008 would have helped alot and everything else worked out fine anyways.
"2009 bitcoin 2022" indicates when to buy and to hold for at least 13 years, then i would decide what to do with my
yep, even if i see three years younger myself. i'll do the same.
“powerball 1: 04 08 19 27 34 10 = buy bitcoin” no limit on numbers, right?
no. but only because bitcoin weren't around when i was 13. shit, the internet was barely a thing when i was 13. i'd need a few more words to explain
my 13 year old self would then ask ‘what’s bitcoin?’, and then ‘okay so what’s a blockchain?’ and then ‘so what’s the internet?’.
you're always right. i have exactly the life, i feared i would always have. i struggled with my family who gaslight me in everything and held me back in all the ways they could.
bruh wow of corse i agree, what a useless post
sell when it hits ’re a boss.
no. probably 2010 buy bitcoin had a ways to go.
“always get high” - so he can be less stressed about stupid stuff
“mine bitcoin now”, i would’ve done that just for fun, but then i’d need “save keys 2021”
it was 2012 when i was 13 so i'm still kinda into life changing money?
masterbate more. brazil. solidly believable advice followed by a quick misdirection. i've never been to south america, but that little fucker might fall for it and learn spanish.
bitcoin do not sell
this only works if you are under 25 unfortunately.
bitcoin did not exist yet lol
btc was not around then but yes. dunno if i would have held this long with 3 words only though.
i'm going to go with "do not start snowboarding".
bitcoin did not exist when i was 13. god, i'm old.
you meet yourself from 13 minutes ago, but can only tell them 3 words...
internet did not even exist when i was 13. god, i'm old.
at thirteen i would forget all about bitcoin when it would finally be real. i would have had to wait 17 years.
buy bitcoin...do i need to explain why
yes!!!)))) buy bitcoin buy!!))))
i think "vires in numeris" would actually be better. many, many people bought bitcoin and sold too early.
bitcoin hits 1 million!
honestly around the 2013-2014 mark i knew btc was going to be massive. but being young with no money and no cards, not a lot i could have done. invested as soon as i could afford to.
bitcoin did not exist when i was 13.
i wasnt 13 in 2008-2009
to buy bitcoin an stocks an become the wealthiest man in the world jus to buy corporations an an banks an shut it all down so people can start living an not jus existing like we’re some slaves the world we s messed up cause of big corporations an banks they all use the money together like hedge fund so yea
i agree, but it’s kinda corny posting your own comment
go buy 20. funny thing is that would be the best financial advice anyone has ever gave me.
i was going to answer with "keep mining bitcoin" but my 13 year old self would have forgotten that 10 years later when it would have mattered.
bitcoin did not even exist when i was 13. 😅
a better question would be other than “buy bitcoin now” what 3 worlds would you tell yourself bc anybody w half a brain knows those are the most important 3 words you could tell your 13 yr old self unless of course you’d prefer to have to get up and go to work everyday instead of getting up whenever you can’t sleep anymore and then proceeding to do whatever the f you want. so without that outta the way the next most important 3 words i’d tell my 13 yr old self is “don’t try drugs” and hopefully since it would be coming from my 40 yr old future self i would trust that there must be a specific reason i chose those 3 words to tell myself and take heed. if i could implement that advice i would avoid 18 yrs of groundhog day, misery, pain, and suffering for myself and anyone in my orbit
“bitcoin ” this way i’ll hopefully but real low, sell at ,000 and buy 420 blunts. realistically i’ll still be a virgin.
honestly i'd probably go with that because very little could prepare me for the things i'm about to experience, and money is nice i guess
i don’t , couldn’t buy it at 13 because bitcoin didn’t exist.
i agree that it is weird to screencap your comment and then repost it elsewhere on the site, yes.
dont sell bitcoin! i managed to mine 50 btc when they were worthless and sold them for nothing.
don't sell bitcoin i have a couple more that pretty much will lead to me hodling a whole lot more btc right now.
given where i was living and the circumstances of my life when i was 13, that sentence would have meant nothing to me and i wouldn't have been able to get any btc no matter how hard i tried — simply did not have the resources or the means.
bitcoin, now, trust i think the buying comes with knowledge and trust ist important in time travel and bitcoin
na, it wouldn't make any sense, bitcoin would take 5 more years to come out.
no. bitcoin was not around when i was 13.
watch out for ... will drive him nuts and ill be totally loling.
when i was 13, mainframes used punched cards. "buy bitcoin" would have sounded like gibberish to me.
would you listen tho?
i was 13 in the year 2000 and stupid me would forget that after 5 sec and go for a wank
will people on the bitcoin subreddit agree with buying bitcoin when they were younger? i dunno. kind of a controversial take, op. i'm sure the community will be split down the middle on this.
would it even be possible with net zero dial up?
i bought , i’m 38 now.
buy bitcoin hold i’m sure i’ll figure it out
it's gonna be 1984, that is not going to make a lot of sense.
"mine bitcoin 2009" this would be the earliest possible time that makes sense and does not cost too much money (just electricity) if it would have done this, i think i'd still have come to the conclusion that i did on my own that bitcoin was eventually more than dollars, an opt-out, and i would have probably not sold for things like a car or a home, unless i still kept the bulk of it afterwards. perhaps i would have started other bitcoin based businesses earlier on? i think another thing working against me is that bitcoin itself pushed me to get into web and software development. so i did not have the skills (perhaps just the drive) to build things like i can today.
haha i commented the same thing. 13 year old me wouldn’t know what i meant, but, i would recognize myself as a future time travelling me, so the moment i would hear about bitcoin i’d be buying it. so like that time i saw someone selling a handful on craigslist for like ’d do it then. and keep doing it. and cry prolly. then eventually win.
hahaha yeah that’s the obvious ✊😆
no words needed, i would probably just slap that kid in the face...
well, given that was i was 13 in 1993, i would probably not use these words. :p
don’t reveal everything 😎
go away to college
if i can count numbers as one word. i would go with: bitcoin, december, 1717
i had the same thought.
yup , too late now
hold all bitcoin i owned a few coins when it was around . wish i held. oh well.
if i was 14 right now i might be a little annoyed
don’t get married and buy more bitcoin. pick any three and you will truely be much happier in life later
i would write all the hot stocks and crypto of today. the say “love you dude”
that was gonna be my answer
knowing me back than—i wouldn't have understood or done shit. so i'll just slap myself.
knowing my dumb ass i’d say “okay, listen to-“
don't touch alcohol trust me bro
mine would be sell bitcoin 2021
bitcoin. 2009. hold!!! ha
i like better: bitcoin hits 60k otherwise my stupid ass would sell at 100
i thought this but i'd be in my 30s before bitcoin appeared. likely i'd have forgotten. "buy apple stock" would have to be what i'd say. but 13 did not know about stock. hmmm. waste.
it would have to be "buy bitcoin soon" for me lmao
would have to be careful here... if you told yourself when btc was trading for a penny and by chance you were a type who had access to real cash you might accidentally change the future by buying too much and inadvertently making the price growth impossible since there was not any on the market to trade... even someone buying 10% or so of what was available at the time and then holding it could drastically alter its future... be careful of the greed!
why would i be limited to 3 words? would i get shot, hit by a bus, fall in a hole? "do not time travel"
my 13 yr old self would forget that conversation by the time btc comes to fruition...
buy bitcoin. hodl. too bad i’d have to wait over a decade to figure out what i meant. bitcoin didn’t come out till i was in my 20s.
13 y. stranger danger!
i liked "bitcoin hits 50k" better.
bruh just say "bitcoin hits billion" my 13 year old self: 👁👄👁
love, live, and laugh
correct answer is: fuck mediocre girls.
and if you allude to any of these people they will be saying i wish i had of bought at 50k in 2030 they will tell you to eat shit.
lol i mean, bitcoin was not created yet when i was 13 but yea, i would have told myself "hodl bitcoin forever". i would have known what to do when i heard about it in 2010 rather than just reading the white paper and saying, "that seems like a great idea" and then waiting 7 years to buy some.
is that italian? i do agree btw i would have done the same but also add: "sale most of it before the end of 2021
man with 13 years old i cannot even had money. with 13 years old i was eating earth in the yard of my house.
im dumb i was gonna just tell myself to stay in school graduate lol
lmao i saw this post and thought “buy bitcoin asap” 😂
two words: **diamond hands**
those girls will let you do those things.
this is always my first thought in these scenarios
bitcoin didn’t exist yet sadly. 13 year old me would tell me to shut the fuck up.
always buy. what is the worst that can happen??
"look at this." then hand myself an all-time bitcoin chart.
but how would i remember that from 13 to 21?
at 55 today i’d tell my 13 year old self to buy berkshire asap! 1979 price of berkshire was .
the craziest part to me is not that bitcoin was at one point, less than , but instead; in 2019 it dropped to ,000 and that i did not buy any at that price
maybe it should be " buy btc hodl"
i'd have written a whole set of predictions on a piece of paper and handed it to myself and said "follow these exactly"
if only bitcoin existed when i was 13 years old, but otherwise not bad advice to 13 year old me.
i would say: buy bitcoin 2009. while i am wearing a tshirt with this words: bitcoin sell 2021 66k
nah you need a different message…. bitcoin. hold. 2021. that way you buy it way early when it starts showing up, and you know to hold it until at least 2021 when you’ve had a chance to get super rich, and then decide to continue to hold or sell off more.
this exactly. i should have mined the shit out of it, and i should have bought as much as i could.
when i was that age; i would have asked what a bitcoin was
nope : " invest in blockchain ".
tsla long hold btc long hold either is fine with me
oh shit didn’t even think of this yes i agree
well, that depends on the language.
my 13-year-old self would be like “what the fuck is bitcoin??”
invest in amazon. had about 212,900% return
i think even if someone told that to me when i was 13 i wouldve 1 not believed it was my future self 2 spent the money on something i could enjoy in the moment. i know me
nope that’s stupid. should be “bitcoin ath 63k”
time variance authority wants to know your location
lol when i was 13 bitcoin wouldn't be invented for 9 years xd
bitcoin didn’t exist when i was 13. i’d probably say, “invest in apple,” or something similar, in keeping with the context. (i was 13 in 2002.) “don’t get married.“ “hug your dad.” “prepare for 2020.” “don’t follow him.” “get genetic testing.” i’d tell my 13 year old self so, so incredibly much.
this makes me feel older than dirt.
“hold that bitcoin” would have suited me better.
"don't get married" not knocking marriage but oh the thousands of things i could have done or accomplished if only i held on and waited.
my 13 year old self: what's bitcoin? what's a mobile phone? what's the internet?
at 13 i'd be 15 years too early to buy and unable to save money as i'd be spending on warhammer whenever i got any cash
my three words: buy googlebitcoinappleamazon cunt
no. i'm old and bitcoin came out a lot later than when i was 13. i would say "2009, buy bitcoin". just so i do not forget it over the years.
“never sell bitcoin” … just leaving this here for my 63 year-old self.
it did not exist then. or even the internet.
considering i was 13 in 1989 probably not
buy bitcoin now; hit the gym; nfts, plastiks, opensea no more to add
“buy bitcoin 20102022” i would understand that
hide them towels. edit: wrong forum.
na cause when i was 13 bitcoin did not exist so it would just be jibberish
buy btc and do not sell till 60k
the future, bitcoin and that my friends is how i’m gonna make my 13 year old self confused af to the point of researching everything and finding nothing until eventually, on the 4th of january 2008, the domain name bitcoin.org is registered by me.
lots of people need to get rich to find out it am not shit
would 13 up old me believe me though.
this is the dumbest post unless you just turned like 16, in which case, yes you should still buy it
no because when i was 13 mobile phones just about had color screens, phone cameras did not even exist yet and i haad 56k internet where you could not use it if someone was using the landline. so i would of thought who is this crazy bum chatting shit about some sort of weird none exsistant, decentralised internet wizard money
and just like everyone back then you would have sold it all under .
lol i answered “invest in bitcoin” on the same post. i wouldn’t know what i’m talking about until a few years after 13 though. (bitcoin wasn’t even invented until like 4 years later)
it was 1979..."buy apple stock".
that is in the very early 1980s. the first bitcoin transaction was in 2009. i have to wait 30 years before i will see bitcoin. i already will forget the words, buy bitcoin. secondly, the "now" part will completely confuse me, "now" is only 30 years later.
no “bitcoin 50k 2021”
i like mine better. [ so yes. 100% agree.
better to say “btc 62k 2021” so i can plan better
yes but how? i knew about bitcoin, but i was a kid then and ... also where to buy lol...
me as 13 in the late nineties would have forgotten those words in the next decade.
do not smoke i smoked on and off only when i was out and only when i drank. i was what would be considered a social smoker… i haven’t for years but man, when i drink…...
fable tells not 3 word but 3 wishes all can be executed ugly as in horror movie wishmaster 1 install bitcoin core wallet on your computer buy as much bitcoin as you can via paypal usa and keep it 12 years 2 bitcoin will hit 66k usd in 2021 by that time sell everything 3 belive me or not but i am you from future you dont know me but i know you i was that boy i wanted to buy 1 mln bitcoins in 15k btc increments that cost 10 usd paypal usa total 666 usd and as a boy i have got 6000 usd i had money but i didnt have paypal usa i have got paypal germany and they were not compatible i wanted to send postal money order or western union or swift bank transfer but seller was very stubborn only paypal usa he said i could ask for friend of my parents who lives in san diego but he would certainly say that i will lose money advise so i was simply afraid of that reaction i still live in yakutsk russia
so it is 2001...so i'm going to have to wait several years for bitcoin to be invented, and then hodl for several more years 🤣. fuck off
mine would be: " sell bitcoin 68k"
bitcoin is great for stock trading due to almost constant volatility, but it also has the future to be the one world currency not controlled by a biased-regulated government. i wonder at what point i'll stop trading btc completely for dollars and eventually start a btc reserve for when its value begins to increase without stop and outpaces the dollar in overall utility(more than the current amount that is currently just what i need for my next drug purchase lol).
i do not think i could have bought bitcoin with my vic-20
i think my 13yo self in 1991 would be confused and have choice words for me.
remember2010 - buy bitcoin
no. buy bitcoin hold
wdym "do you agree" no i do not fucking agree on making shit ton of money in the future from cryptocurrency, what a terrible title
me at 13 years old: haha buttcoin. *runs away giggling*
"hold onto bitcoins" would probably be a better 3 words imo
if i had a time machine i would just dump my life savings in bitcoin.
"bitcoin sixty-nine thousand" confirmed 3 words total here - [ i'll figure out the rest
there was no bitcoin when i was 13 but it would be likes of buy bitcoin 2009
just write everything you want down then say your three words and yeet out of there. there was not any time limit or limitations on what you could do, besides the three words.
i was 13 in 1987 so yea
bit and coin would have been two words when i was 13, as bitcoin did not exist then
"give pen paper." and then write down everything he needs to know to become rich and avoid trauma.
bitcoin did not exist when i was 13, or 23, or 33.
save up cryptocurrency invest in yourself you are prosperity sleep is useless god is good you’re the one stay prayed up stack the money forever stay humble bros before hoes i can continue on forever lol
if anything i'd tell them to hold on to everything they own from now on. ' never sell anything.
my 13 year old self would be buying apple stocks-i’m old af
and then he left it on mtgox.
it wasn’t around when i was 13
other vaginas did it in 2 words
unfortunately for me, bitcoin wasnt even created when i was 13
ah, monday morning quarterbacking. so fun.
invest in google invest in tesla invest in bitcoin don’t marry sherri
i would have bought and then sold when it was at like
who here who fucked with bitcoin who used to use telegram waaaaaay back when they had cool stickers. it was around bitcoin era of 1500. wasn’t there a law that changed the e2e on it and maddddd users left? or am i wrong? anyways, i am looooking for a particular telegram sticker as someone i want to talk to again doesn’t understand who i am, it’s a inside joke back to when rick and morty wasn’t written by dan harman and things were fun if you met someone who liked rick and morty too on telegram who also had crypto, but now it’s all sex jokes, fuckin dan harman. but any who where else to ask this question than a bitcoin meme. the telegram sticker well it’s a cocaine sniffing fox. it was like he owned a underground strip club. there was several lude photos of this fox and various ...uhm -things- in this sticker collection. i cannot find it. it’s driving me as mad as the time i decided to turn my bitcoins in 2016 and get alt coins to sell em when btc went to 6k from 29. haha stonks i am. i just watch it hold a value over 20k and i’m like man i hate my life. but if i didn’t fuck up hahaha maaan. what if ya know? but i got a story to tell, just like when bitpetite stole the rest of my shit, bastards. now i just spend all my money on my evo and get upset about crypto. however in the age of always improving technology bitcoin blockchain i feel can get integrated easily into smartphones. hell paypal uses a qr code. it’s just about the stupid gov, centralized. keeep fighting fellas! i’m watching. and rooting you on! but help me find that fuckin telegram sticker please!
my 3 words would be like: decrypt this
he wouldnt have any money to buy...
since that event is not in my recollection, it is more probable that i'm seeing an alternate version of me. already at that point, that person has a different past than i do, so there is no telling how things will be in their future. what may seem like good advice for their future, might be irrelevant, i.e- bitcoin never exists in that reality. not wanting to give bad advice, not knowing how that persons world works (sliders tv show comes to mind). the best advice i could give would be something we share in both of our realities, this event, then let them decide how to act. study time travel
i would trust myself and buy candy with my . i'm not stupid.
“all life matters” and “find the hidden” and or “rich no materials” or “picks & shovels”
well fuck i’m old btc didn’t come around till i was 24
i heard they’ve got all their money back because they got some of their btc back and it went up to more than what they lost! now they are paying back 100% of losses anyone incurred… i will see if i can find the story on r
no, i don’t agree… tf. lol post something else than garbage
“mnst hits .79” bitcoin is cool but comes with a bit of hassle. mnst would have been so much easier to transact and still see a 60,000% return.
i’d say early, since there were no bitcoin when i was 13
i did not have any money when i was 13.
this is a close second for me... "do not fuck her" for first place.
am i doing it right? ;)
> tell yourself “bitcoin hits 50k” imagine if "k" is treated like an extra word and you get cut off after saying "bitcoin hits 50"
smart! and you’re correct. they would’ve spent . can make much more with just a few changed words.
maybe "bitcoin 50k 2021" or "bitcoin 1m 2025" if you're from the future. that way you give more info!
this man read the initial thread
except that maybe by knowing that at the time, your 13 y: a self-unfulfilling prophecy
you broke a space time continuum and ended up in a mysterious boat accident.
hey, this is holiday gap from the future. btc hits .
"bitcoin hits 1m". i would have that past me waiting like a mf. lol
100k by eoy 2021***
i agree. my dumbass would’ve sold early.
"bitcoin hits 50k" is four words: "bitcoin hits fifty thousand." it's also incredibly cryptic. wtf is bitcoin? 50k what? dollars? something else? what am i supposed to do with this info? buy some mysterious thing called "bitcoin"? or is it shorthand for something else? can you imagine living life haunted by this cryptic message? imagine getting it in 1996 and running a daily (hourly) yahoo search for every single instance of "bitcoin" or any name or phrase remotely resembling it?
fifty thousand is not one word
i picked “bitcoin hits 69k” - why throw away that extra . especially because i’d expect myself to hand over 100,000 btc easily
my mission is to get bitcoin. i go back in time and find myself. i grab my past self by the shoulders and yell, “listen to me!” i vanish.
indeed. 13yr old me wouldn't know what bitcoin was because it was 25 years away. used to be entertained by the antics of one guy who picked up on bitcoin real early, used to meet people parking lots to transact and would use the profit to buy hookers. i'm sure the price was less than . lived in his parents basement, did not have a job - wish i knew where he was at, today...
i was 13 in 1999, so i wouldn't be able to so anything for 10 years.
i don’t think a 13yo will remember that 33 years later.
nah. then your alternate reality self will sell it at 50k. so just do yourselves favor and say bitcoin hits 10m.
uh oh. you’re only allowed three words. you just said “bitcoin hits fifty”
bitcoin hits 100k in december
agreed. my friend told me abt bc back in 2014 when i graduated hs. was so confused and wish i just purchased whatever tf she was talking abt
be a hodler, this is what i'm going to tell that to little guy.
>don’t say that cuz ...cuz in my case, there wouldn't even be a "bitcoin" to buy "now".
yeah. i thought about this one for a while and came to the conclusion that the best way to get young me to hoard btc and hold, in three word is: bitcoin worth
agreed. it would have been 1993 and i wouldn’t have been able to find it then anyway.
what would the future you from 20 years, tell yourself now about bitcoin?
i sold 4.2 btc in 2015 after a price dump to buy a gamer laptop, it crashed only two years later. so if i could go back in time, i would have punched my face and come again to future saying nothing
you could say “don’t sell bitcoin” 3 words and it works
the best answer i've ever seen in my life in just three words.
oh man maybe you can help me!!! telegram stickers from way back cocain sniffing fox and strippers or some shit. or naw.
yeah cuz 50 k is one word. lmao
man, that first season was so good.
* buys shitcoin called bitcoin hold
gotta warn about mt gox somehow
was gonna say this
now that is a good advice, but 13 years old would not listen to it. 13 years old usually dumb, and they do not care about much stuff around them so there is that.
13 years old are shit lol, they have got shit for the brains.
if you gave me 3 sentences i could probably get out all the major stuff. i’m only 17, so i think my 13 year old self would probably listen.
man i remember playing some stupid online game and their currency was bought using bitcoin.
i did an interactive story type thing on 4chan and someone tipped me a 25 btc wallet when it was like 50¢. i was a dumbass and did not know how to claim it, so i ignored it. i probably would have sold at 20k, and i'd be happy about it.
dang, i think it is the same story that everyone has. no one took it seriously.
same, kyc laws suck.
u need a hug buddy?
don’t have child with an insane person
don’t marry (ex’s-name here) sorry you’re dealing with that, but time heals wounds eventually and there’s someone better for you out there for you.
that advice would in turn mean you would probably have more liquid assets to invest in crypto, so you still end up with more btc. i assume. so happier all around.
now that is a really good life advice that people should follow.
or "marry <name of person that will result in a good marriage>"
what why? damage to body or damage to mind?
lol, that is a really cringe form of the dance, do not do that.
yeah, but in my case bitcoin had only some years
exact thought i had. 1998 me would be like... huh, i do not know what that is or how to buy it. it's kinda like the frequency "yahoo" problem.
or save you millions.
interesting. is that true? let's say you bought both microsoft and bitcoin when they first became widely available for public purchase. which would be worth more today with a ,000 initial investment?
"don't sell drugs" (mkay). would that be a buy and hold drugs signal.
you're saying this to a 13 year old, you think underlying implications would be understood?
this is maybe the strangest...
yup. i was a total snob, i could have had much more fun if i did not hold back foe some american dream romantic fantasy that only hapens in movies, and is unrealistic a f.
what's wrong in dicks? you do not like them? well do not be a bitch.
this is the correct answer.
old but still gold, i give that though to myself every night before going to the bed.
same here. i'd spend half my life in poverty, and then could not afford graphics cards for a mining rig.
smoke less cigarettes, heck i'd say this to 22 years old me, and i'm 24 now.
i was searching hard for this one...
you would have forgotten your time traveling selfs weird ass message?
the term hodl doesn’t get popular until 2016.
on the other hand i should have said, **sell. bitcoin. 60000.** buying at ,0008 and selling at % *please do not shoot me down for implying that you can sell your btc*
what is your actual target for the btc like in the future?
buy btc and hodl it. and let everything else get figured out.
switch the now with something else. your 13 years old self should retain that information until year x xd
you need a time machine for that?
not really. eventually they will hear about bitcoin when it started popping up and know to buy in. you can give someone advice way before they can use it, there is no rule preventing them from being able to extract value from it when the time comes.
and how does that going to help you? not in any way i think.
i like this answer
well if you bought btc and hodled that through now, then yeah.
i do not think you could even buy btc in 2009, you can mine it tho.
got cut off at twenty- instructions unclear, buys btc at 20$
nothing lol, you do not have worry about that sir. it's all okay.
why? sounds pretty fun to me. why wouldn't you do that man? i've never been into any sport but i'd totally go into it, nothing can stop me from doing that so yeah.
that just might be four words.
7 layer? or french onion?
buy any mega large tech giant hard. it'll be good for you.
that's the mistake that i've made too, and i regret it too.
at 13 i do not even remember what i was doing so there is that.
this is why never sell bitcoin will be better advice rather than the buying. i also know some people and read on the internet is well that many people sells them after making 10-20.
i am still living this dream and hopefully one day will see that.
i will go all in into the btc with all my piggy bank money from that time.
the last word is the most important then buying the bitcoin.
i think if i really managed to go that back there were many bug opportunity to make the money that time. yes bitcoin is one of the biggest in them but i would give some stock advice to my family is well.
which document you want to yourself, i am just curious about that.
finally a worthy comment, we need to save the real pirate here at amy cost
buy bitcoin in 2010 and sell them in to the 2021 at the 69k mark.
i had zero knowledge about crypto till the 2016, i wished someone give me the advice.
smoke some hopium and stack up some btc and your life will be set.
so sad bro i just hope that this will not be the case for you in the future.
what is this advice for? is it for some other coin or for the btc?
i wish i could go back that time, and invest all my holding into the bitcoin.
the internet was definitely a thing when i was 13. how old are you?
at 13 i was knowing more and more about computers and internet. probably i would have been curious about this name "bitcoin" and at least i would have tried to mine it with whatever computer i had xd
mhm at least we could mine it with a random laptop... there was a website where you could buy btc from a a guy paying through paypal...but yeah you needed to tell parents and this was a barrier among others being a 13 years old boy.
can't help but to think that it could have been a perfect advice.
that's the issue i've been saying here lol, from where i'll get money?
proceeds to sell at .50.
"bitcoin hits 50000"? ;-)
just say "bitcoin fifty thousand". solved.
then say “fifty-thousand”, since a number is always one word
lol, it is not a different word ffs. stop playing games like this.
how about "2021 bitcoin 60,000"
yeah. the k is another word in my opinion. if i was the time machine dude making this i'd count it as "bitcoin hits 50 thousands" should just say "bitcoin fifty thousand".
who knows in a few years bitcoin 100k 2024
that would still be around . not too shabby.
yep, there is only one way with the btc and that is to buy it. no selling at all.
more likely you’d keep it nice and safe on mtgox
i wouldn't even be surprised at that, if btc does that so yeah.
well that is i think common for all of us. that does not help at all.
he buys btc cash :-d
lol idk how old you are old sport but when i was 13 bitcoin definitely was a thing and all i would’ve had to do is google bitcoin
what shows' last seasons were utterly unrecognizable in quality compared to their amazing first season or seasons? i'd put heroes on that list, along with lost (basically every show that was in all-caps?) maybe the west wing, obviously game of thrones... what else?
wait what? is that a series? i gotta watch that then.
mishears and buys bitcoin gold
well tell about the self custody, that is a better advice man.
bitcoin private 2021 of course a shitcoin called btc pvt would happen. 3 words makes it infinitely harder than 4 honestly i think the best route with 3 words would be stocks as they are regulated (hmm, delving into my psyche here) but mnst nflx 2018 would certainly stay at the top of my mind had i known for certain that it was my future self. i'd be putting every penny into those companies and learning everything i could about stocks.
and he took that from you, well that is okay. can still say it.
yeah, but let us be honest... if you're 17 now, most likely whatever advice you could give your 13 year old self would be absolute shit. no offense.
yeah, i guess if i had taken it seriously i would have pushed my parents to get me a debit card... i did have money... but i did not have a debit card.
i do not even think there was kyc back then... i just needed a debit card.
well he definitely sounds like that, he needs a hug here. a little hug is all we need. if i can get a hug it is all gonna be alright for me. it'll all be just be good.
his ex wife needs a new husband to support her boyfriend
i think that is more than 3 words...
don't have children period lol, no one should have kids.
but how do you prevent yourself from selling at ? or storing it on mtgox?
bitcoin until [present you age]
i turned 13 less than a year after bitcoin started — this advice would’ve been absolutely phenomenal for me at that age
nice avatar. rach 1 is a great concerto.
if you bought , you would have 13,709 shares after all the splits over the years. at current stock price of , you would have ,756,266. if you bought (a trading platform founded in august 2011 and still running today), you would have 235.29411764 btc. that's worth ,411,765 right now.
i don’t think he means what’s worth more. it’s that bitcoin is a very new to the mainstream compared to bitcoin. 13 year old me knew what microsoft was, but he had no idea what the fuck bitcoin was until years later.
i do not think this guy has zoomed out enough on charts.
lol, 14 years old do not have that much long of the attention span. and also they do not have that good of the memory so there is that. they would not even remember it.
most guys don’t like their dicks being fingered.
so you do not sell it at
because the ath of 69k happened in 2021.
you didn’t need graphics cards to mine back in the early days. a friend mined 100 just on a p4 intel chip over a few years
ikr. how could i forget my future-self telling me i should buy graphene stocks in 2022 because they will explode.
this is the best advice i could have given to my younger self.
now that would have been a mega chad move right there.
"sixty thousand" is two words.
which was not gonna happen on the first place let us face it. 13 years old you wouldn't even take that seriously. and probably would not even hear about that.
nah, my 13 year old self was a dumbass. mind you, not a lot has changed.
fucked my shit up. spines, you only get one. jogging, humans are made to jog. you're better at jogging than almost any other animal on earth. its what made us peek predator in the savanna. its why you're covered in sweatglads and hairless. jog, do not fling your body around. just my two cents.
lol, lost the count of words while giving the advice so yeah.
thanks man, my family and i have come a long way in life after being dealt some pretty shit cards early in life. i hope i do not find myself living in poverty again.
old enough not to have had the internet or mobile phones when i was 13. 😉 i know i'm like positiveky ancient, get out the carbon dating machine. 😂
bitcoin hits fifty thousand is 4 words ;-)
"bitcoin goes to" ... "fuck"
> bitcoin sell 2021 *sells all at 2021$*
not selling no matter what years is this, i'm just gonna hodl.
sorry i was not aware this was a serious time traveling thiscussion :)
okay but that does not sound good tho, we can do better than that.
bitcoin one hundred thousand twenty twenty four. seems like it is 7 words to me. edit: technically 6 if you compound "twenty-four"
i was wondering why everyone here was so pumped on btc till i noticed what sub this is.
you're really, really young then.
well, everybody older than 26 were 13 before bitcoin existed, so most of the population could not google the meaning of the cryptic sentence from the future self.
well back then, i did not even know what google was let alone btc. i wish that i should have learnt about btc a little earlier. but we get at the point that we deserve so there is that.
the median age in the us is 38.5, so bitcoin did not exist when most people were 13.
got was an exception because they only really wrecked the final season after many amazing seasons building up to it. it didnt deteriorate until they ran out of material from the author.
yes. but you've only got 3 words. how can you communicate "buy bitcoin and store it in a cold wallet (avoid mt gox at all costs) and do not sell until it hits 50k because you're a chump if you sell at 2k". which three words are you going to use to communicate that?
dont even get me started on btcp...
haha good point. except, buying bitcoin 4 years ago would still be awesome advice
yea i was trying to say three words isn’t enough. that wasn’t clear now that i look at my previous comment.
but a really good one. people should follow it man.
no one should have kids? like at all? like….no more humanity after everyone dies off?
or buying a couple of pizzas with it
what if you avoided using the word "bitcoin"? i mean, i got into bitcoin relatively early, and then sold like a moron. but i did not store on mtgox, and at some point, i did look at it as a speculative investment. so if i said "hodl until 50k", i'd dodge the potential unintended consequences of changing when and how i made my initial investment, which was 2012 i think. using the word "hodl" would mean that i would have no clue what my future self advice meant until *after* i got into crypto, but *before* my boneheaded sell in 2013. or maybe i would realize it some time after that sell, but it would happen early enough for me to get back in and dump a lot of cash into btc without treating the investment conservatively out of fear that it could suddenly drop to . if i was confident that it would eventually hit , i'd never panic and i'd buy every dip. i'd not come out a millionaire, but i'd certainly have been able to pay for my house in cash instead of getting a mortgage.
i mean so what... you lose some you win some. it's crypto. the main thing is you got in early... so what if you did not get absolutely best possible return
what about the dividend with microsoft ?
i'm no mathematician but that that latter numbers looks higher to me. i do not know man. 13 years old me wouldn't have 1k dollars to begin with so there is that.
it's fair, and you could buy plenty of bitcoin when it came around with that msft. maybe the three words should have been "msft goog btc" ;-)
true. those were the days.
now we're just different kind of idiots. but still the idiots.
so born pre 1980?
well, that depends on the language. in many languages you could say it using less.
not if it is hyphenated!
bit-coin itself is 2 words.
buy bitcoin. hodl. three words. you’ll figure it out when the time is right.
just say bitcoin hits million.
not if you write it on paper. you could write "bitcoin hits 50000" if that is allowed.
well no one typed the word thousand tho sir, difference.
not in german it is not.
what if we treat this like a collect call? good luck!
no problem if you're german 100k = hunderttausend 2024 = zweitausendvierundzwanzig
lol, that is how it goes for here. we're bullish for the btc.
me too lol i didn’t even notice till you pointed it ou
don't you love how the youth think everything has always worked like it does today? imagine telling them about having to make plans without a phone... or not having a computer...
the season before that was pretty shit too
the 8th season of scrubs was amazing, why would you say that?
dude he’s lost let him be 😂😂
imagine telling your english speaking self in german "bitcoin erreicht fünfzigtausend!" that's a story.
you sure about that?
how? is there a single language that has one word for 50,000?
and what languages are those and how do you say that?
if you wanna be more specific, it can only be "hodl".
imagine entering spelling bee.
okay i've got a question, what language even is this lol?
then and what would you do with your other two words?
don't you love how the old and decrepit talk about the "youth" as some monolithic entity?
people who had to wait to watch it hated the last season. people who watched it when all seasons were already out enjoyed it.
then the internet should have definitely been a thing by the time you were 13?!? i was on it in 1993 and i’m a 80’s kid. guess you were poor or something ;-p
“yo, some weird looking cunt told me something in like dutch or whatever, must be a pedo”
all of the following words mean 50k and uses only a single word: vijftig­duizend, viisi­kymmentä­tuhatta, fünfzig­tausend, ötven­ezer, cinquanta­mila and i have no doubt there are many more.
ain't no one sure about anything here, no one has any idea lol.
yes, see the comments below where i mentioned several of them.
it's basically just like if we made our words "twothousandandtwentyfour" though. germans just put it all together cause they are germans.
definitely not going to win there with this mindset, gonna lose probably.
>and what would you do with your other two words? how about some way of saying, "take as many vacations as possible before 2020."
uh it was still shit. just the people that waited do not know they were watching shit
pre 1980. that means before 1980, not 1980. but yes we were poor. lots of people were and still are. no shame.
well now that there are words that i do not understand now it is more legit.
which of those languages did you speak at 13?
and it is only one word too, so there is that too i guess.
sorry whippedbywife, i didn’t know you speak for everyone and that your personal taste is everyones personal taste, my bad.
yes, exactly. so by 1993. dialup internet was in lots of households at that point; and youd find an aol cd on most magazines and cheap ish winmodems for standard consumers.
yes exactly? i do not get how that fits in with what you've said. if being poor is an explanation then why are you still insisting i must have had the internet at 13? i was there you weren't. also this says 13 not over 13. not everyone lives in the us, in the uk the internet did not really filter into homes until 97. we did actually have a system for playing games but it was part of the cable television package and we did not call it the internet. the first time i heard about something called the internet i was closer to 20. so back to the matter at hand: 13 year old me "what's the internet?"
lucky you! i doubt i could remember any of those accurately enough after one hearing
i’m from the u.k. and had the internet when i was 13 in 93. we’re you over 13 before 94? (srsly this would be a simpler convo if you gave an idea of year of birth)
don’t buy the dip!!!
who would want to buy fiat with bitcoin though
anyone got any good informational videos in bitcoin for a beginner? i know there are a lot of videos and articles out there but if you could recommend your fav video that explains it well that would be great
it'll be priced in msats soon enough. [
the dollar working as designed. make people poor.
what did we expect? \- only 1 node \- 25% supply mined in last 1 year \- 1% holds 50% coins \- unlimited supply cap \- 27 trillion in circulation 🤣🤣🤣🤣🤣
soon we will be asking how many sats in a dollar? we have started doing it
1500 sats per us. fair value is around 100 sats per us$.
if we follow the reddit crypto logic, usd should moon anytime soon. just like any other shitcoin out there.
when people say they sold bitcoin i hear it as buying dollars. good luck buying shitcoins.
us is playing a big game in this time in crypto market.
cause usd is a ponzi
it’s a series of all time lows since the “mining allocation algorithms” got changed by the central processor
they are doing a slow and constant rug pull on us.
going to print another .5 trillion dollars of a fiat currency? then obviously its "value" is going to decrease. this seems simple to me. what do you think elon musk is going to do with the % of tesla? raise your hand if you think he is going to buy some bitcoin (rather than leave the proceeds sitting in depreciating dollars).
in 2010 bitcoin was a dollar. in 2021 bitcoin is 67,000 dollars and 1 dollar is still 1 dollar. fiat is the past.
this all things is done by the just by the country whose currency is.
government turning off my mega backdoor roth next year means it’s now all going into btc instead of vti. i need all you fuckers to be right.
buy the dip!!!! hodl!!! ignore the fud!!!
moscow time below 1500.
then why do you show a one day chart???
[it's down 98.92% in the past 5 years.](
i cannot wait until the day we can get rid of this altcoin
that is a really, really good way to illustrate it. how do you pull up charts like that? that's truly the way to demonstrate what's going on.
i thought that was shiba inu’s price 😂... what a shit coin
damn, why is this not in the headlines?
the usd bubble popped. it was a ponzi
usd is such a shitcoin
what a shit coin
the og of shitcoins
usd is the worst shitcoin ever made
so now is a good time to buy? right?
consider other fiats and get a far more negative slope even except putting it against swiss francs maybe
nothing to see here! move on.
usd is sinking. it is true
we’re in a period of high inflation. gas & food prices keep rising yet bank savings accounts still pay shit. usd keeps losing value. we might become the next venezuela. have a good portion of your portfolio in bitcoin these days is a must!
usd is going to zero. here is the dip you absolutely should not buy. stay strong, stay a bitcoin hodler.
i feel like all this chart is saying is bitcoin is worth more while the dollar is flat. if bitcoin is now worth more than it was yesterday then necessarily the conversion of usd to bitcoin will show that it now takes more usd to equal the same value of bitcoin today than it did yesterday. the value of the dollar has not changed but the amount needed to aquire the same amount of bitcoin today vs yesterday has changed. this says nothing about the value of the dollar while only showing the value of bitcoin.
just wait til hyperinflation kicks in. it’s going to get really, really ugly for people who have failed to act and get out of the dollar.
imagine thinking about dollars in 2021... looks rare.
not surprising, usds are a dime a dozen and keep multiplying.
shit just decided to jump off a cliff
that's max keiser, right? btc has no ceiling because the usd has no bottom.
it’s just testing it’s bottom price, here comes usd bomb…
lmao. i love this and i'm stealing it.
the dollar’s real value moves like any other asset. they just don’t want us to know that it always moves down
they’re busting out the country
...how do i short the usd coin?
damn that is harsh.
haha i like it when we're celebrating btc all time high and dollar all time low
the pr industry is really going to do well with the swamp rn.
thanks for the view
i want to be so rich that i can wipe my ass with bitcoin literally!
that’s how how it works… smh
that means 1 usd is 15 bits or 1500 satoshi. neat.
make sure to get leveraged on your usd puts
so volatile. seems risky.
they should ask tether to start doing some wash trading to push it back up.
are you telling me that usd (fiat) is going down in purchasing power???
so, actually it’s not bitcoin that goes up, it’s the dollar that goes down in value.
i've been wondering why we do not think like this already. for a long time the usd dominated the world but this is a ridiculous numerical difference. it's like usd has become less than shiba inu.
um this just a bitcoin value graph flipped upside down?
btc aya doğru yükseliyor
fåk yes, please let this be the new standard of talking about price movement!!!!
money counter go brrrrrrr
this is funny, but true.
so glad i never got into usd, that just seemed like a scam from the start, never sat right with me.
1:1 soon 1 sat 1 buck.
that’s so funny haha
another all time low for usd jesus what a shit coin
bruh, that’s misleading af
**bitcoin also sunk to a serious low recently**. what's that? what units am i using to measure? tsla shares of course, why do you ask?
it is cool and all but can the bitcoin finally take a break so i can buy a gpu :(
i will upvote every one of these posts. all of them!!
can you post monthly and quarterly too?
should be using satoshis at this point (1500s)
usd is a scam coin and we all know how centralized it is
i wonder how many people here actually bought something with bitcoin in the last month or so?
usd? 1 btc equals 12.000.000 ars that is low...
>argentinians still buying 200 dollars a month kek
i feel like this is misleading. the dollar should be measured in a unit that does not change in value like bitcoin does. because as bitcoin raises in price the price of the dollar can change. so the equality of the dollar to bitcoin will be different depending in the price of bitcoin no matter what, measure the price of the dollar in something that does not change and it would be a better representation. tldr: both values change so how can we accurately measure both? it would be like measuring 5 inches with a ruler that changes length.
jfk was shot because he was going to abolish the federal reserve.
definitely a rug pull
you could put pretty much any real-world commodity on the y-axis. food, clothes, gas, etc. and pretty much any fiat currency in place of usd. the whole lot is going down.
usd? is this a new shitty altcoin? well i hope it got a limited supply or even a supply that increases by a constant amount. i hope it is backed by some other stable scarce commodity or at least some effort as with bitcoin.
the elites are trading all their fedcoin for btc because they know the fedcoin rug pull is about to happen.
lmao when you look at it like this pretty wild
pay your respects - f
if you take a loan and buy btc, you're basically shorting usd.
the dollar is depreciating and bitcoin is appreciating, let me see what i should do lol
i am a big fan of btc and i am not very interested in other kinds of things.
if anyone’s interested in knowing how they came about the federal reserve, which isn’t federal, and has no reserve, read the creature from jekyll island
but seriously, [it is not really]( and the fact that it is not is going to be bad for everything.
why show a 1 day chart while saying all time low? 😑
i would buy so much.
you know what they say buy low sell- don’t buy shitcoins
it doesn’t matter to me. rent is still the same lol
usd is getting down and down this time and i do not know why this happening.
i wish i didn’t have to hold the dollar…
bitcoin is a scam **stayaway😂**
how many bitcoins can i get in a dollar now? it's fucking expensive
usd is a shitcoin, total scam, infinite supply. do not buy. rug pull imminent.
i’m wondering, if can i sue my bank, for not helping me hedge against inflation when i initially deposited bulk of my fiat dollars in their savings, money market cd accounts 😫wouldn’t they have known the dollar had already lost 14% of its value in2018🤔everything went up, except the dollars in the aforementioned accounts 🙁😟😕who would be liable for this tremendous lost
how is the usd doing relative to other currencies? how is bitcoin relative to other foreign currencies?
i love this 😂👍😉
uh, this is a dollar to bitcoin valuation. so you should have correctly said that "usd sinks to all time low relative to bitcoin." am i right?
going down to 🥯town!
usd has already sinked in the comment section for sure xd
what is this usd?
pretty soon the us is going to have negative interest with bitcoin and have to pay it.
you can now buy diamonds with bitcoin at diamonds4crypto...that’s an exciting piece of news and is another great example of bitcoin adoption
value of dollar is inevitably going down. there is scarcity in bitcoin. bitcoin is up next fuck usd
usd is already so overrated i actually just wanna stick to my cryptocurrencies.
mbox went up very confidently. i do not know if this can be considered a long-term trend.
unlimited circulating supply and top 1% hold 90%. its the worst shitcoin in the planet. wouldn't recommend.
could someone help a new guy buy while it is low
nobody: buys an 8th of weed off silk road for 1 bitcoin
only truth that exists
can someone ask for my wallet and send me
anybody here interested in purchasing my domain [bit.coin] ... ? (i can accept btc oc)
i’m old enough to remember when one bitcoin was worth 0.000015 dollar.
what do you guys think about this reverse parabola?
you’re a special kind of stupid aren’t you ?
bruh if you had bought them w a 1000 dollars you would the richest man in the world
bitcoin to the moon
remember when we use to be so mad at china for devaluing their currency????
cool now if i could just find a fucking gpu for my gaming pc. you fuckin nerds stealing em all
its because your mearsuring in btc , as as btc in increasing in price the usd will decrease,
back to 20000 i guess
it's literally a shitcoin. stay away!
dood - that coin has unlimited supply
buy low, sell high. this is the way
if we follow the reddit crypto logic, usd should moon anytime soon. just like any other shitcoin out there
the 5 year graph is even better.
i think youbare saying the wrong thing why not to buy at dip.
i'm weak 🤣 😭 💀
why would you buy a fukn car wtih bitkoin
then why do they give it a dollar value? no one knows how many bitcoins to buy a car… only how many us dollars’ worth of bitcoins.
is that different than selling crypto for fiat?
i wish to do the same so if know any way let me know please.
anything by andreas antonopoulos.
easiest and best in my opinion, what is bitcoin i think the guys name is nate of 99 bitcoin whiteboard something, lol, it’s on you tube
mate you're gonna get bombarded with scammers. i know because i did. so be careful with your dm
[3blue1brown: how does bitcoin actually work?]( this is easily the best video on bitcoin.
yeah, buddy, i am also looking for the good informational video for the beginner.
that is a great representation of the past! what about 10 years into the future...with a 20% devaluation of the dollar annually because of debt interest payments (requiring more money printing). comfortable with ,000 bitcoin?
yet bitcoiners love to remind everybody that they need to get in to bitcoin early because the longer they wait the more they will end up poor. is that how bitcoin was designed? if the bitcoin adoption process punishes people who wait simply because they are cautious and skeptical, that is really fucked up, it just replaces one unfair corrupt currency with a different one.
well! when you put it like *that!*
i think that 10 sats is 1
no. its not fair getting any sats for a $
no, 1 sat to the dollar. that's when it will switch
not my fault the real world only accepts shitcoins 🤷🤷
bro if you do not want any of your shitusdcoin, i'l take em.
hahahahhahaha! i think everyone has its own way of thinking and mind.
burning is actually good just for those are holding from a long term.
usd is going to change whole market this time,get prepared.
all fiat money becomes a ponzi
i think hookers and coke may feature also
he has options running out and then he needs most of the money to pay his taxes. he always planned to sell them.
it’s not that simple but okey
who do you think bought to push the prices up to where we are now
he is not selling 10% of tesla. he is selling 10% of his shares. 10% of his shares is no where near 10% of tesla.
then why do you keep saying how much bitcoin is worth in fiat? if it really was 'the past', the price of bitcoin in fiat would be irrelevant.
actually a 2021 dollar would only buy $.79 worth of goods, so it has devalued by almost 21% in the last decade.
this is one of the most stupid comments ive seen on here, why does this have upvotes lmfao
do not fucking remind me of the past
bitcoin didn’t hit parity with usd until 2011. in 2010 it was essentially worthless.
one thing i think you forgot that and that is no one knows about future.
the amount of fiat multiplied by a huge factor 1 dollar not equal 1 dollar anymore
really surprised everyone hasn’t just sold there bitcoin and became billionaires, for the people that bought bitcoin at like 1.00 or less. i would be out.
this has to be the dumbest thing i’ve ever read
but 1 bitcoin is still only worth 1 bitcoin, that’s called stagflation
in 10 years, the dollars' value went down a few cents, bro. only the name stayed the same.
this is some stupid shit thinking. y'all are trying to make bitcoiners look dumb af or what? you did no conversions for dollars with respect to inflation or nothing. don't equate a bitcoin to the dollar if you do not know jack.
you know how terrible life would be if your primary currency value fluctuated as much as bitcoin. lol. it'd be so crazy.
btc is literally a fiat currency
and no one thought about that so deeply and now they are in pain.
shit i missed 4:20 and it is already 3pm!
its never a good time to buy dollars. always dump them asap. their miner just announced a new retro active pre-mine. those things are going to dump hard, again.
live in switzerland and i love watching chf going down the toilet vs btc - its just one flush after another until the end state. 21m to understand this more clearly while chf has doubled vs usd in last 40 years - btc has done \*rather better\* in the last 13 !
except the dxy index does exactly that and it is stable. ops chart just shows that bitcoin went up.
don't move read each and every single comment and then you know the things.
yeah. btc is just a lifeboat though. if inflation ramps up then the purchasing power of btc would not skyrocket or moon. btc at 300k would not matter when the median low end home costs 2 mil usd
lol i cannot deny that stay a bitcoin hodler line, it is a fact.
there is a reason why 99% of plots go the other way but they dont have to mathematically. its just another way of pointing out that money is fake which has a funny graph with it.
where can i buy , sounds like a great instant return
shit just pumped a long way this time,missed the chance.
i stole that too lol, it is really funny cannot stop with it.
it’s because btc doesn’t actually function as a currency. look at other currency pairs on the forex market. the one thing they have in common is that they are all used as actual currency, you know for paying the rent and buying food, or maybe a lambo.
if you live in el salvador, the answer is everything.
why? just to scam people i suppose
shitcoin making a lots of people rich and super rich.
china was devaluing their currency to make products cheaper for export to undermine u.s. manufacturing. it's was weaponized to cheat. our currency is being devalued to pay for entitlements to 50% of the population that is receiving government assistance, military footprint around the globe keeping places like taiwan safe, and a dysfunctional government. two paths to devaluation of a currency, but different philosophies in their intent.
any commodity shares an inverse relationship unless both comoddites are shared in some way, like if my one dollar buys 1 btc , and tomorrow my one dollar buys 0.9 btc because bitcoin increased in price due to its demand&supply , my one dollar will have to decrease
if usd was released today it would be called a shitcoin
more like shitty paper. edit: i wipe my ass with fiat.
usd is not a shit coin in my view of point, people need to trust on it.
have you ever heard of ? that is a real shitcoin
it is mined for a few satoshis per 0.00015btc.
absolutely, this is the only simple rule, buy low and sell high.
no! because the supply is elastic. and to be clear, i am saying the elastic supply applies to all crypto currencies as a group not just btc. i understand there is a limited supply of bitcoin (not very elastic) and other some or many other cryptos, but as a group, an unlimited amount can be issued because someone can always invent and market a new crypto. people are doing that constantly and people are already buying huge amounts on other cryptos because 1) btc is so high, and, 2) speculating . and many of them have. as with government-backed fiat currencies, any country can issue currency. countries with small or unpredictable economies or unstable political environments typically have weak and unstable currencies. when they specifically make it payable and pegged to the us dollar it begins to have a more stable value. as others point out, only when crypto is readily and easily usable at your local pizzeria, online, to buy a car or a movie ticket or an airline ticket or pay your income taxes, will crypto be stable. the problem is that there are already a ridiculous number of cryptos, far more than national currencies and i fail to see how any economic system can be devised to quickly, easily and transparently value and exchange them all or even a large share of them. but as the supply continues to dramatically expand and along with it the price, without intrinsic and exchange value, i see a collapse happening, as with the tulip mania, beanie babies mania and the tibetan mastiff mania: [
this round of idiotic logical collective has only a handful of years left, thankfully.
are you serious, have some principles, integrity pls, the idea is we free our selves from this shit system that’s hurt our fathers fathers and us if it weren’t for satoshi, and we should buy their coin with the principle we might make some no valuable dollars,, i hope that comment was out of being naive and not intentional
hope so, usd should moon anytime soon. just have the faith.
i wouldn't download a car, but i would download bitcoin.
especially a fiat. they're awful cars.
so i can go to work and earn more fiat to buy more bitcoin
bcos lambo moon cumrocket!!!!1111
this is the real headscratcher. so much is pegged to the value of the usd (world reserve fiat or some such bs) but since the usd is currently undergoing rampant inflation all values pegged to the usd are inflated.
because in 2021 we still have the usd as the reserve currency. but things change over time. [the british pound was the reserve currency back in the day, then in a few decades it changed to be the usd]( > the united kingdom's pound sterling was the primary reserve currency of much of the world in the 19th century and first half of the 20th century. however, by the end of the 20th century, the united states dollar had become the world's dominant reserve currency. the world's need for dollars has allowed the united states government to borrow at lower costs, giving the united states an advantage in excess of . we're now starting the next change where the world's need for bitcoin will set the new reserve currency over a few decades.
1 bitcoin = 1 fully loaded chevy silverado. any questions?
>entering the pyramid scheme
the us dollar is a pyramid scheme, bitcoin is an asset class.
lol nice to see you are still around. do you think you’ll still be here at , or will you be so consumed by bitter butter rage that you won’t be able to function? how about ? i’ll still be here. ;)
yes, the dollar is so fair for poor and middle class. hope you never lose purchasing power with your fiat
are we the baddies, papi?
lol a coping buttcoin member has entered the chat.
crypto makes people addicted by showing how much they can earn.
people gets addicted of crypto when they see benefit so do not try that.
crypto is not all about making some and leaving out.
who did never understand it in the first place.
thank you i appreciate you taking the time to give me your fav videos. i’ll give it a watch
yeah i never check my dms on here lmao
you're off by a zero...
getting in late would not make you poor, that is kinda the point. once the market is saturated, bitcoin will continue to appreciate slowly. they would not get a financial reward for building a more fair economy, but they will at least get to live in one.
define early. people who bought bitcoin for the first time in 2032 will be early.
nothing in this world is "fair." once you remove that concept from your thought process, change will be much easier for you to cope with.
it's survival of the fittest, people who can read open source. if you think it is unfair, sign up for communism.
this is something i've been grappling with a lot lately, too. if bitcoin's supposed future is to replace other fiat in any capacity, ever, i do not see it as a fix. the rich get richer with bitcoin. that's just what it is. how would impoverished neighborhoods and people without means start getting bitcoin? **why** would they? as it stands right now bitcoin is just making suburban (and urban) white dudes more and more rich, greater dividing the classes financially. we do not need more of that right now.
>if the bitcoin adoption process punishes people who wait simply because they are cautious and skeptical that is really fucked up i would say, i was one of those people. i remember my buddies in middle school, not taking notes and instead mining btc in the back of the room. i thought that was crazy, i thought my friend was stupid. years and years went on, i saw the price of btc go up and and up and i told myself it was a ‘speculative bubble’. my early skepticism, doesn’t lead me to hate the community early adopters. rather, learn from my mistakes and re-engage btc with more of an open mind. i would say to you, everyday btc is alive it’s breaking history. once you understand what it is, you’ll put just a small amount of your monetary energy into it. the consensus mechanism of btc makes everyone act differently. don’t let some negative opinions away you away from logic.
> the bitcoin adoption process what process? buy it or do not, your call. the punishment for waiting comes from the declining value of the usd
agreed. satoshi's namesake is way more than some goddamn dollar.
welcome to vr, kiddo 😎
yes yes burn those dollars
you are right, burning is good, just for those are holding for long time.
can't think of any way that it could be good either, people here like to think btc can become common currency, but we are so far from that.
it is a pyramid scheme by design.
you borrow against bitcoin. use the cheap depreciating fiat loaned at 2% to buy hookers and blow.
if he needed to pay taxes he could borrow against his position and not sell his shares in the open market diluting his equity position. elons "harvesting capital" from weaker hands.
it's the whales. it's their game. but we do get to ride along. our gift is we understand the true fundamentals of bitcoin and how it relates to scarcity, currency devaluation, private decentralized property rights, portability, and transparency. it's the perfect investment for the minnows. we can let the whales move the tons of water around while we profit in their generous wakes.
he own 23% of tesla which has a market value of . however, he did not specify that he would actually sell his own holdings. he intends to issue 10% of the "float of the company" by issuing shares in the aggregate. he's no dummy. he has the power and authority to water down the float with a new issuance of stock. he is not dumb enough to just slice off his personal ownership (and sell that to the public). of course, that would be naive and stupid. elon will feast on the fanboys, and purists. he can now harvests capital (due to tesla over valuation in relation to the other car companies). he recognizes what micheal saylor is doing with microstrategy looks pretty smart. elon can create a huge return on capital by swallowing a couple thousand coins. he has a real challenge next year attempting to fund a cash consuming company as rates rise next year.
yes. but if my calculations are correct, by 2030 1 bitcoin may be worth 1 bitcoin!! compare that with a lousy usd which will probably just be worth …
more importantly your bitcoin has the same % share of the final network value today as then.
so if i understand correctly, 11 years ago , and 1 bitcoin was equal to 1 bitcoin so neither has grown or shrunk and everything stays the same and eventually the universe will collapse in on itself?
for the same reason terms like "horsepower" are used when talking about engines.
people talk about avoiding buying an asset such as a car that is a depreciating asset. it blows their mind when they realise cash is a depreciating asset.
just read it backwards it will.
it's ok you are getting warmer.
my balance sheets feel this comment so hard
they say misery loves company so i feel it too🤣
when would you have been out? let's say you became a billionaire when bitcoin hit 10k for the first time, sell all your btc then? see what i'm saying?
awww poor baby your bitcoin feelings are hurt.
yeah they are a bit unfair to most users and devs get preferential treatment. is usd a shit-coin?
just put the dime in btc and wait a bit 😂
that makes sense if that is the defining factor. previously someone told me it is because it is not worth a million yet...
hi from australia. how're you guys doing in el salvador?
it's about to be called "fedcoin" seriously, i kid you not.
fedcoin is revolutionary! this currency is fully centralized and has built in inflation! there is no limit to how many coins will be produced so the central authority can regulate its value and pay their debts with it as needed. in order to receive, hold, or send fedcoin, businesses that are controlled by the central authority will hold and facilitate all transactions for you while making money off of your balance.
this is so true it is kinda thisturbing to think about.
40% of the total supply got printed in the last 12 months... we would not call this a shitcoin but a scam !
not if it was still backed by a gold standard <_< you right though.
usd is going to play a bigger game this time i would say.
but actually usd is not shit coin,keep some patience for it.
i wipe my ass
so how do you mine usd? i heard it is quite labor intensive
gosh darn it! make 'em stop!
says a shiba "investor". next up jpy and eur
hello there mr. government
go suck a shitcoin
i download bitcoin to pay for more downloadable ram
exactly, first earn, save, learn and then invest. stay bless and good luck.
because convenience. it's just people have forgotten that somewhere, somehow, you have to pay for convenience...
no need to single out the usd, euro and china do more or less the same monetary policy since the "crash". all fiat currencies are inflation together.
still it’s less volatile than btc at the moment
that is the reason to buy hard assets. a top quality men's custom tailored suit has always cost about 1 troy ounce of gold, .67. about 100 years ago, about ,800. now.
yes, try buying said house anywhere. price of my home doubled in fiat price, 5 years since i got it.
didn't even hear about the coin you are saying,need to know.
is he not joking?
completely missed the sarcasm, lol.
but do not forget pyramid is not for everyone we should know.
those who know the way how to exit pyramid that is fir them.
911 straight fax dept
can you explain to me how the usd is a pyramid scheme? legitimately curious. i've been seeing this posted a lot but i've never seen an explanation.
hahaahahahahaha! i think both things has its own value and importance.
if bitcoin hit . if they ever want to spend any of their wealth, they have to sell their bitcoin and switch back to fiat, causing bitcoin price to tank.
poor are getting poor day by day and rich are getting rich day by day.
i do not think there is any difference in dollars for poor and rich.
i do not understand, why people share this type of useless links?
read the bitcoin standard.
check out the old video of him im front of candian senate committee. like 2013. each one of them is an endearing character
i also wants to thanks you buddy. good luck and stay happy.
probably. but then that means chaos and wars in the streets. besides how are you going to get to walmart without dodging molotov "cocktails" and the homeless bashing in your windshields with baseball bats. truth.
also, stability in the monetary value of their wealth, at any amount, no matter how large or modest. if you get in “late” you only miss out on the appreciation of your wealth.
you really do not understand what the word early means in this context? you just want to play semantic word games? ok fine. early: anyone who bought in to the pyramid scheme before you did.
jfc you sound like a monster. i hope you do not have children.
you'll have to earn btc by working and would not be able to get rich off of inflation and artificially low interest rates like you do today. "how would impoverished neighborhoods and people without means start getting bitcoin?" by... working for it? "why would they?" so they can have the basic necessities of life without being forced to invest to save their wealth and without having to chase inflated asset prices running away from them year after year?
it will allow billions to get into an economy and save, there are billions of people unbanked. if you don’t have a bank your only savings is livestock. bitcoin is changing money.
it's also money for the unbanked that saves people who are forced to live in countries with hyperinflation and. you look this as a poor westerner vs. rich westerner thing. once your scope is global you can see that bitcoin gives a better chance to the majority of the word population than the current fiat. also, when tech is this early it is usually reserved just for investing rounds for venture capitalists. now everyone can participate in an emerging technology. it's like investing in a great company at a seed round when normally we only get to do that once the company goes public and we pass whatever arbitrary bureaucratic hindrances thrown in our way.
atleast it would not make poor people poorer with crazy inflation.
unless you paid too much for btc, which would essentially be the same mistake as hanging on to declining dollars. so how would anyone even know if they paid too much for btc?
even more if you factor in the amount of accidental burns.
what can you buy for ? what about now?
horsepower is not a relative term. it describes a specific unchanging value - the analogy does not work for currency comparisons
i got a paycut this year, despite getting a raise, because inflation was higher than my raise. thanks boss.
to be fair, i manage a restaurant. our boh employees earn , resulting in a wage between ’s payroll, and after months of struggling, offering a , posting on indeed, craigslist, community boards in the area, etc. we’re still only about 70% staffed. this is in a city where the median wage for the industry in 2019 was .41. we usually run about an 8% profit margin, and after increasing our wages by about 30% over the last year to keep up (not to mention the recent increases in food), we’re running at about 5%. we’re increasing menu prices but can’t increase them at the same rate we increased our wages because customers won’t accept increases of like 20% all at once. once profits creep below 4%, the investment stops being worth it for the owners, because their 1.5 million (nearly all of which is financed, aka on loan, at interest) locked up in the endeavor stops being worth all that risk to net like -70k. one of the main misconceptions in society is thinking the people on the next rung above you are the rich ones causing all these problems, when the reality is that they are really in the same boat as you. if you work at a restaurant, for example, it’s easy to see “wall street making $” and project thet anger onto the owners of your restaurant, when the reality is that they aren’t making all that much more actual income than their employees, while having huge financial risk and exposure that their employees don’t. again, that 1.5 million i mentioned isn’t extra $. it’s all loans owed to the same wall street assholes we all hate. also, it takes years of careful planning and responsibly managing smaller finances to get your credit to a place where you can finance an endeavor like opening a restaurant full of a million+ mostly in the equipment and the mortgage. it’s very popular lately to say “if a business can’t afford to pay people what they “deserve” then that business doesn’t “deserve” to exist, but when 30%+ of the economy is operating this way not out of greed, but out of an adherence to a cost structure (labor + cost of goods + fixed costs like rent and utilities) then if all those businesses stopped existing overnight (or over a couple of years time) then 30% of the workforce would very quickly find themselves without jobs, and every other industry that relies on those businesses go out of business as well: think of it like if ‘widget company a’ goes out of business, and ‘machine company b’ no longer has access to company a’s widgets, then they can’t produce their machines, so they go out of business, at which point ‘action takers incorporated’ can’t take action without company b’s machines, so they go out of business, and on and on. all of this cascade failure will just drive all that business that used to be thistributed across the economy into the arms of the giant conglomerates (amazon, walmart, gm, mcdonalds) that are owned by those wall street assholes. they win again. the reality is that every job at every level of the economy just logistically can’t afford to pay the wages equal to the jobs that require experience, specific education, licensure, and training. forcing wages higher at the bottom will drive costs and wages up higher and will either destabilize the whole thing, or just drive inflation faster. if everyone making , and milk that used to cost , then nobody is really any better off, especially after enduring all the tumult that those changing rising costs produces for everyone. these are totally separate issues from “big finance” which basically boils down to about <50,000 people at the top of the financial industry all figuring out how to loan each other $% interest so they can buy up all the assets and turn back around and loan them to us small fries and make more $$(aka infinite free $), and they need to be thought of and dealt with separately from the actual operational realities of the real economy.
people are intuitively smart (even if they do not understand what's going on in the world of finance). people understand if something is hot do not touch it. likewise intuitively understand this truth: "why work if i do not get paid for it?". workers have two choices: 1). increase skills (and therefore pay) to match the currencies depreciation. invest the majority of their saving into bitcoin. 2). accept ubi (which is going to be offered by the government in the near future). or possible a third choice. change the system.
esnes on sekam siht
what? seriously, your comment is dumb. if you’re going to make that argument do it right. .25 in 2021 using the 1 bitcoin = 1 bitcoin meme does not work with fiat lmao
wouldn't that mean 1 btc = ,000,000
yeah i don’t need multiple billions of dollars. even 1 billion is more than enough for me.
don't confuse butthurt with pointing out something stupid af someone just said my guy.
funniest shit is they call themselves the federal reserve, but can operate without any involvement from the us government whatsoever. biggest scam in history, red flags everywhere.
for those wondering if this is real... yes... it is. [the people's ledger](
u guys are funny you kno this shit sounds like a scam rite??
even shib has a limited number of coins.
but but but it’s backed by the full faith and trust of pathological liars
does fedcoin get some cool logo or are we gonna roll with the shih tzu for the mascot
exactly, buddy you are saying right, this is revolutionary. currency is full centralized.
yeah, you information is correct about this. its a totally scam.
bro i also wipe we should hang out
i downloaded a ram 1500 classic
yes... primarily because the usd is the world reserve currency and as such all values are pegged off what the dollar does.
i wish i was in a similar situation. the dollar value of my home is definitely higher than it was when it was purchased in 1980 but my tax appraisal shows it significantly less than the next two houses on the block which both need condemned and torn down.
at least not before we flip the charts baby wooo
“this is how the u.s. government now operates. it loses massive amounts of money every year (i.e. runs at a deficit) and finances it with new debt. when the debt comes due, they “pay profits” to those earlier investors by issuing more debt (i.e. “using funds from more recent investors”). that is the definition of a ponzi scheme.”
you keep calling bitcoin a pyramid scheme. can you define the top, say, three qualities that you believe defines a pyramid scheme? just three.
you also do not seem to understand how market capitalization of asset classes work. the available liquid supply is the primary thing that sets price when weighted against demand. bitcoin reaching "dumped" into it. you sound silly and ignorant when you say things like that.
woah, your understanding of economics is so out there you must be a boomer. no wonder you don’t understand why bitcoin isn’t a pyramid scheme. tell me, if let’s say a thousand bitcoin were obtained basically for free early on and their value has gone up to 68k, who spent 68 million on those bitcoin? similarly, if everyone tries to sell all of their bitcoin, you think they’ll get ? no, as the supply increases and demand decreases the price will go down and people will sell each bitcoin for less. market cap is not as simple as “asset class worth ”
there is massive difference in a macroscopic picture of generational wealth transfer. if a money loses value and purchasing power, the only way to replenish that value is working more to earn more. this is same for both poor and rich. but the rich, who earn more, can re-invest their money and earn additional money on top of their income. but the poor, who earn less, can’t re-invest their money and only survive off income. it’s a pay to play system. if you’re poor and don’t have any investments or can’t afford to own a home, you’re left with your savings account and whatever is in it from paycheck to paycheck. just since 2000, the dollar has lost 50% of its value. 50%!!! that is absurd for a money and if you didn’t do anything with ’s purchasing power of goods and services is effectively the same as . so if you save for your kids tuition, by the time they’re 18 (about 20 years) you have half the purchasing power since you started saving. if you’re poor, and can’t reinvest your income, how can you give generational wealth to your children? daylight robbery at its finest. it’s why the rich get richer. it’s literally why the saying “you gotta have money to make money” exists.
sorry. not thiscussing shit coins here that don’t have any valid use case other than to make the creators and marketing team stupid wealthy.
is there anything in the world that isn't a pyramid scheme to you? i simply cannot even comprehend the mental gymnastics your mind must be growing through, this past season or two.
me either, they are way too expensive
lol is nature fair? is a monster? nature does not care. look around and see how the universe works, it can be harsh sometimes.
oh a big heart, but with an unsurrendered mind. it's okay buddy, we'll make it thru!
exactly, buddy you are saying right, there are billions of people unbanked.
wait, what? the earlier you get into bitcoin the more your buying power is magnified, right!? and the later you join the harder it is to catch up, right? sounds like a perfect recipe for making poor people poorer and keeping them there. rich people by definition already have plenty of extra money to join the btc club early, poor people don’t, obviously. jfc.
i have no idea what your point is. how do you 'pay too much' for btc? it is a currency, not an asset.
oof my shitty joke did not land
a bag of hot cheetos was 99c back then, now its 1.79
that thistinction does not matter. it was just an example. i could probably find many more. we routinely compare and measure new things using old things. in fact, if we cannot make that measurement, there is no mathematical way to prove if the new system is better so we cannot even consider it a possible replacement.
holy crap, so many excellent points. someone should post this over in . it’s just a perspective you never get over there.
well said. profit is impossible because the currency being used to identify success is being devalued each day by its increase in supply. it's like pissing up a rope. you can do it. but not very well.
after more than a decade working on boh cooking and management, i could not praise this comment enough. thanks for taking the time to write this up.
i like your comment. but increase in pay does not automatically increase the price of milk. the producer of milk will try to sell the milk at the price that gives him the highest profit, regardless of his costs. otherwise, nice comment.
i didnt even know it was possible to earn that much at restaurant. i wouldnt even earn close to that much even if i did get hired by places that pay minimum wage. back when i earned the most 2.5 years ago, restaurant wouldn't even yield . but it was a different position. i do not get that much now, but would likely not have much of an increase if accepted by those places.
if you open a business and as soon as workers are paid correctly risk’t check out it maybe isn’t a good investment. unless you aim for capitalism and profit first. i think it is weird. to be honest i think our whole system needs a radical change especially finance and politics. that’s my take on it. you can have yours.
you didn’t have to write so much to convince me that being a restaurant owner is a sound investment, makes money hand over fist. i’m in. where do i sign?
you forgot about giving hand jobs behind the wendy’s.
we all cannot be doctors.
you are not following the bitcoin bro script, shame on you.
how about fuck off dweeb.
also, they cannot be audited by the irs
there was an snl skit where this was an aside. "the federal reserve is neither a federal organization, or a reserve of cash...thiscuss" like naming that continent "greenland", its a salesmen scam, with a totally fake name to create confidence where there should not be any.
they're a private for profit company
as federal as federal express.
it’s no more federal than federal express. thanks woodrow wilson for selling out your country!
gonna rugpull the federal reserve!
they are just talking the big name but not doing work like that.
**fiatcoin. biggest shitcoin ponzi scheme ever.** terrible tokenomics. unlimited supply that can be minted to infinity. most is held in a small number of wallets. most centralized coin. heavily manipulated by whales. guaranteed to devalue yoy. it's only redeeming features is that it is widely accepted and easily converted to decentralized cryptos. edit: also used to fund wars. money laundering. ransoms. protectionism. sanctions and poverty.
and, there is no reserve
educate yourself the federal reserve is not federal and there is no reserve
seems that neither of us has anything to do with when or what it is named, but for now, i just want to know what to call it so i can show my full non-support of what it stands for.
that is scary af. i do not want to have centralized money that gives final say to a corrupt government to dip into controlling my funds whenever it authorizes itself to. that is not freedom.
like a scam? no way! if you act now we will literally double our initial ipo. but only for those select few!
but we all need fun to move happily in our life,we need that.
fed coin logo is benjamin franklin
is the poop emoji available for this new shit “fed coin”?
1. early participants' profits is only possible by later participants adding money to the system. -true 2. controlled by a central authority or group. -false in the case of bitcoin, although one could argue that whoever designed and initiated the system is the central authority. all he has to do is wait anonymously until he decides to cash out. 3. i do not know, point 1) is the biggest red flag of all, who really cares beyond that.
pyramid scheme requires recruitment. bitcoin is not a pyramid scheme. but i dont see how usd is either, yet i keep seeing people saying it is.
a lot of people entering and exiting the market over time drives the price up. it's like an ongoing incremental auction, some people are always cashing out while others are always buying in, and every single time someone offers bitcoin for more than they paid for it and someone agrees to buy it, the seller pockets the difference in fiat currency, thus locking in a higher price because obviously the next chump does not want to sell it for less than he paid for it. maybe it is better described as an ongoing game of "greater fool" because there is no central authority, a la bernie madoff or charles ponzi, but in order for anyone to make a profit they have to find a buyer, and the only way to do that is to keep getting more and more chumps to pile in. that is the basic idea of a pyramid scheme: early participants take later participants' money. i must give credit to other btc critics who have labeled it "the most savage game of hot potato in history."
i see where you are coming from. bitcoin is different from prior ways of tracking value because it is completely auditable. there is no early adopter who can "dump" their btc without you simultaneously knowing they have done it. even if you do not know exactly who "they" are, the blockchain does not allow them to hide any transfer of coins. and this is also part of the idea behind uncensorable transactions - when you have a wallet of coins in your custody (thistinguished from coinbase or paypal account) that means the banks cannot cause a liquidity crisis. your coins are yours, no matter how small the fraction of 1 btc. that's the most any of us could hope or need for, is not it? sure, there will be a few early adopters with outsize influence when it comes to paying for fanciful inventions. the real power of consensus is that participants control what is theirs alone and it is protected by the knowledge of its vulnerabilities (never give out seed phrase) as they are addressed by the design of the protocol rather than settled based on who is willing to spend more btc.
the dollar is not appreciating the value of non-asset holding (read: poor) peoples' savings anytime soon. it's not the fault of the early adopter that the fed could not get its shit together. compare the two standards (btc meaning all people save in btc, with early adopters getting a bigger piece of the pie). fiat: rich get richer while poor get poorer via inflation of asset and goods prices over time btc: rich get richer (perhaps thisproportionately, as you mention) and poor get richer via deflation of asset and goods prices over time
it had to come out, lol. also, i find that writing these things up kindof “locks them in” in my brain, and when these issues come up where staff or customers pop off at me about wages, cost, etc. i’m able to pull these little summaries up in conversation in the hopes of providing a little understanding. i’m mostly foh, and honestly we’re at a point in society where every asshole that thinks they can say “hey i didn’t like this” after they ate 2, when we didnt even do anything wrong, has to understand why i’m just not going to take care of them in a way that ultimately costs us $. they probably don’t actually learn anything, but at least they realize “oh this guy isn’t a stupid walking zombie, i’m not going to be able to scam him.” they don’t come back.
i felt pretty safe using that non-specific example after working through the specifics of how labor costs make their way through cost structures and result i long term price increases in the detailed example above that part of the post. i’ll get a little more specific here. we are currently experience high pressures in multiple areas of cost. i have run the exact numbers in past posts, so i’ll just mention the results here. many restaurants in my area (that are really just bars in the downtown tourist thistrict) are hiring entry positions at - things like busters and thishwashers. they have very low overhead because 80% of their sales come from liquor. for us to compete with that, just to maintain an 8% profit margin (which is on the low end of sustainable in the restaurant industry) we’d have to sell our already . we already know based on volume(we’d certainly lose more then 30% of our sales volume by increasing the price by 30%.) so a) we can’t sell our product at a high enough price to keep up with labor increases, and b) we have to maintain a minimum of about 5% profitability to keep operating. tl;dr pressures across the cost structure are driving prices past customer tolerances, and.
the wages and prices generally scale with cost of living for the area. also, the -, but imagine you applied for a new job and they said you can make , or if you agree to be in the hook for .5 million dollars, we’ll pay you , would you take that deal? that’s the bottom line a lot of owners of small. also, when you say “it was a different position” was it a support role or a key role? many places have had to eliminate support positions to be able to keep up with costs, putting that workload back onto the key positions. it sucks because i feel a lot of the weight of this. as a salaried manager, during dinner service i am effectively also a busser and host now, at essentially the same salary as before. it will also make it more difficult to start in the industry, because now that we’ve established the support positions aren’t as necessary as we used to think they were, and the labor costs we were previously paying into those positions have now shifted to the remaining people who are working (think of it like instead of having 5 people each making ’s 3 people making ) there won’t be any positions left that people without experience can walk in and perform. by increasing the value of each employee it has devalued what we’re willing to pay for certain tasks, rolling more of these tasks into single roles. it’s also just flat out less jobs were able to offer, even if we were fully staffed. i predict there will come a time in the next few years where enough places will end up closing and enough positions will be eliminated that there won’t be enough positions available for al the people that need jobs (especially younger and less experienced people across all industries) and it will force a situation where unemployment is extremely high. this will likely also force a situation where the lines between welfare and a universal basic income are so blurred, they’ll have to decide whether to officially put a ubi in place, and when they do, it will drive inflationary costs higher than we’ve ever seen- which, imo is awful for everyone’s quality of life, but incredibly bullish for btc. a lot of people talk about buying btc at this point so when it’s worth a million usd per coin, they’ll be rich. the way i see it, the usd will just become so devalued that a million usd won’t be near enough to make anyone rich. either way, btc is 1,000% a life raft i’m happy that everyone here has found their way into.
yes. well said. unfortunately, the masses are fighting against the dystopian media which tells them everything is fine and not to worry. you should toot your horn. you took a big risk and you now have a clear path and understanding what is coming...and the satisfaction that your thiscernment and prayers were spot on the money. congratulations for executing on a sound strategy.
no clue what the script it. just wish i bought it years ago and got my billion dollars. i am not greedy.
they control em we are living in a world where a few bankers decide what politicians and other government organs do
they are actually one in the same… irs is the mafia muscle for the federal reserve. it was created this way from the beginning, hence the reason why the 16th amendment and federal reserve act were enacted around the same time… jekyll island anyone? 🤔
they are not going to handled by everyone i would say.
which is the most sickening aspect of it all, truly.
> continent "greenland" whoa, really? where'd you study geography?
largest hedge fund in the world
except woodrow wilson is not responsible for what lead to the actual problems. he was just the president that allowed the federal reserve to get established, which in itself, is not a bad thing. the real problems started in 1935, when the federal reserve was separated from government oversight and taken off the gold standard. and no longer required to back the currency with anything of real value. and that was long after woodrow wilson. woodrow actually prevented us from having a much worse central banking system from the get go. as when he was elected he squashed the plan at the time. which was a federal reserve designed, operated, and completely privately controlled by the banks. ultimately there was a compromise, and the federal reserve was born. without woodrow wilson, the federal reserve would have been private from the start. and who knows where we would be today. the federal reserve was also essential for the creation of one standard dollar. as prior to it, each state had their own currency, who's values could fluctuate. and without the federal reserve and their early relationships with foreign banks, such as the bank of england. the dollar would likely not have risen to prominence as a global currency, and america would not have had the economic gains that resulted from that.
but wait, call now and we’ll also include….
haha you're so right. this is exactly why i've always preferred boh. so that heroes like you can deal with the customers bitching. 🙌
bankers are just trying to manipulate the market according to their need.
crypto is just going to make like there is no need of bankers anymore.
if their will be crypto everywhere there will be no need of crypto.
bankers just do not wish crypto should be in this world.
not quite! contract law controls governmental behavior. no "person" has any "control" over any thing at all.
exactly, buddy you are saying right, irs is the mafia muscle for the federal reserve.
have you heard the story about what happens when you search quantum language on youtube?
i’ll be moving to nc, would be cool to see that island
in his memoirs ww himself proclaimed it the worst mistake of his presidency.
i wouldn’t have anything to serve to those assholes if rockstars like you weren’t killing it for us back there. it isn’t really foh. it’s our house!
“you let one ant stand up to us, then they all might stand up. those puny little ants outnumber us a hundred to one. and if they ever figure that out, there goes our way of life! it's not about food. it's about keeping those ants in line.” -hopper, the elite “bad guy” in a bugs life
same here...i do not want anything other than the freedom of my time.
oh sweet summer child
capitalizing words doesn't make it true
these mafias are the worst thing i ever witness in my life.
some search results appear?
close to it, a lot closer from where i am now hehe
and im sure he thought it was. but that is because the wrong version was implemented, he had to compromise. and should not have. the federal reserve, in itself is not a bad idea. it's just been corrupted and abused. instead of actually put to work for the people. it was taken advantage of by the politicians.
believe whatever you want, i could not care less.
op it would be really great if you could start posting content about bitcoin!
haha 😂 love it and mr.bean
but odd how if the 401k loses a few grand i still get pissed, this is way too accurate. love it
lol saw a post on front page with 10k upvotes where people were saying this most recent dip was proof that bitcoin is shit and the people who are in it have no idea what they’re talking about. like have you not been watching the past 10 years? ironic.
too accurate! take my upvote!
everyone here will feel some kind of connection with this video because we all have gone through this phase.
100% me during dips. once you understand bitcoin you do not care about the price.
i barely even check the charts just when you guys are freaking out to see how bad it is
i still remember that i sold my first investment just because it was down 0.5%
this is so accurate lmao
can i just say i’m loving the mr bean crypto memes lately
so true , i started investing with only a couple 100 bucks and i already doubled my money. i went through dips where i was down 40% but kept hodling on. a friend of mine only invested 10 dollars and was stressing about being down 4 dollars xd
it is true that media and newbie feel excited or thisappointed in the market.
let bitcoin do its perfect work. silently. relentlessly. unwavering.
crypto market need some good hand to get in control.
that was me yesterday
i have seen some crazy news given by the media. it is true that they exaggerate the situation sometimes but we need everyone to improve cryptocurrency awareness.
this one never gets old
i think the experience is the most precious thing we get while trading and investing in crypto.
literally watched this episode with my son today and it still makes laugh.
this is the most common and proudest thing for bitcoin holders!
people gets panic because of some news and start selling creating crash and crash.
haha totally accurate. you don’t sell bitcoin, you buy bitcoin.
do you believe the monetary expansion by the central banks of the world is going to stop? bitcoin is just the inverse reflection of the destruction of paper currency. if you believe this dysfunction will continue (within the governments of the world) it is all the information you need to sleep well each night. let bitcoin do its perfect work. silently. relentlessly. unwavering.
crypto is just full of ups and downs. bear with the market
my only panic on the dip was not having money to buy more.
some people are still not used to it yet...
i just buy the thiscounts honestly. it's good to have up and downs!
haha awesome! although i’d prefer the media 2 carriages behind.
this post right here is the reason i'm still subscribed to this subreddit.
lol well it is true that experienced crypto investors are constant.
i've been here since 2014. i only check the price like once every 6 months anymore. i've extracted much dopamine as i could get, now i'm just neutral to any price.
the media always makes such a ruckus about every dip
this would've been even better if you used the clip from the mr. bean movie where he opens with "brace yourself"
i think this is the best one i've seen to illustrate the strategy.
this seat is for me!
hahaha i quiet enjoyed that
this is the best one yet
not investing here, just curious...what are thoughts on people who throw thousands of dollars into memecoin? they tried getting a bunch of us on board, but we are poor folk, lol.
fear and panic is perfectly normal.
i'm mr. bean when it goes down but a bit more like the rest of them when it goes up.
i was just thinking about this meme the other day. for all the new people, this meme is very accurate! relax and dca. big dips will happen. not financial advise dyor.
its amazing that mr bean is so influential despite them only ever making 3 episodes
the skill and wisdom of this fellow op... awesome!
this is actually pretty accurate 😂
this would never get old.
usually not a fan of these but this one is pretty good haha
my trading bots like this.
lol, naiiveclub has arrived to reddit 😁
i was feeling the same when i was new in the market.
love it but i’m a newb and get half mass at big dips. pretty much all i’ve known is bull market. i can’t wait to see shit really dip. i’m only buying for the next few years.
what is your opinion about the current price level and do you think that it will grow within next couple of weeks from now?
this is how i actually am on rollercoasters. i cannot stand all the people screaming. they ruin what's otherwise an enjoyable ride.
brilliant...mr bean is perfect hodler there! buhahahaha
bean is a real og, made a lot of shit thats popular now, also took the worlds first selfie
i now get it
extremely low effort. no idea why it is getting awards.
so fucking accurate !!! 👏🏻👏🏻👏🏻
i used to trade crypto and check my portfolio many times a day and was stressed alot. but recently i've noticed that i've things have changed. now i feel like a hodler who is less concerned about the gain or loss and more focused on when the price reaches my desired buying range.
i think i’m cooking on my second year as a hodler and these memes are hilarious but when bitcoin does actually drop 50% the people telling everyone to stfu as panic ensues is far more funny
i’m finally there mentally.
the real power of holding. the 17:15 min roughly mark. [
i tried watching mr bean i liked it but i did not like the laugh tracks. i wish i could have them removed lol
give this person all the moons.
hahaha, that is so me. i could not give a fuck about the recent dips, i did not flinch. hodl and stop worrying.
perfect meme, take my award you sob 😭🤣
this gif right here is the reason i'm still subscribed to this subreddit. take your updoot
shhh lemme enjoy this
tbh i still never feel good when the dip is coming
don’t you know? buy high sell low then complain that it’s a false currency and you can’t make money from it. come on op
instead of bean i would put a samourai master or shaoulin monk.
assbugers is best when you need to hold thru a rough market. let alone rough human interaction…
this is so accurate 😂😂 my newbie friends calling me twice a week just to say hey have you checked the market today, 😂😂 i am like no why? i don’t sell i am not going anywhere i’m here to stay😂🤣
thank you for sharing this funny yet completely real scenario with us.
i see mr. bean, i upvote
this so perfectly represents my life the past few years
titano finance is an amazing project because of the huge 100000% apy and the easy system they use. they will release an app for buying titano with bank transfer and credit. you just need to buy on pancake(trust) and every 30 minutes you will recieve titano (0,039%). with a roi of 10% every 5 days. i think is a real defi competitor to wonderland (time), olympus dao, hector dao,... because of the easy approach system to buy.
if we can go, "back to the past" and tell our younger self to buy bitcoin and other valuable items to hodl, our present self will be ecstatic!
this is really hilarious but completely true situation.
this is the best thing ever. made my day.
hahahahah i love this
i was fair considering approximately this meme the other day. for all the unused individuals, this meme is truee... huge plunges will happen. not budgetary prompt dyor tyor!!
buy high sell low then complain that it’s a false currency and you can’t make money from it.
really mr bean sir is amazing man
lol it is always like that. furious racing.
still buying the dip
that gave me a giggle. thank you 🤣
my only panic on the dip was not having money to buy more .
yeah exactly 🤣 nothing new, bitcoin is what it is. sometimes it is up sometimes it is down all part of the game.
hodler have a steel stomach
we are gonna sit down tight till the end of our lives.
if your money is on bitcoin, just do not worry and take a chill pill.
at this point, any dip still has me in profit (unless someone takes nuke and kills bitcoin to zero, of course)
i've seen the goldfinx i'm curious about it. and i save the link: somebody is familiar about this?
media which are published controversial information about tether
we are just gonna hold the coin man, we do not fear anything.
that's what i love about all the real crypto investors, we are chill.
lol hell yeah we will stick with our cryptocurrency investments.
regulators wanting to regulate is a fabled sword of damocles. my question is how do you regulate crypto? there are no executives to threaten with jail.
well damn right, i never had any fear of the market crash.
i barely even check the charts just when you guys are freaking out to see how bad it is .
man it is so relatable stuff, we never had any stress about the market.
just be like mr. bean. the first bitcoiner lol
market crash is just a small thing for investors like us man!
lol thanks for making me laugh man, this was hilarious.
of course we all know bitcoin goes up and down and theres absolutely nothing wrong or strange in what is happening at the moment the issue is just that people need to know that they should not invest recklessly and they need guidance on investing. of course people get scammed but financial legal experts such as can be consulted to help recover bitcoin lost to scammers or to investment fraud.
of course, because of the dip many people have lost their usdt
simple rule of crypto,i do not think there is any problem on that.
nothing new just an average day for real cryptocurrency holder.
lol bitcoin holders are really chill and calm in this shit!
because this is what all the long term crypto investors do.
this is what we are and we are really proud of that!
the one who hold major share always manipulate the market.
always happens this but i think in this year,it is too much.
i am one of you guys! will hold our investments until it reaches the goal.
it's just because we are here for a fuckin long race :d
bitcoin holders should just relax at their home after investing.
people can be like that once they stop getting panicked.
even i can each of the billionaire manipulate the market once a year.
yeah man we are not gonna fall that easy in this game!
for real brother, this is what it is and that need experience.
it is not called the dip it is the thiscount sale
a lot of poor people looses funds only because of these crashes.
i do not think so because of these activities market is going to move ahead and ahead.
bitcoin wallet address needed urgently needed bitcoin address 50000 bitcoin automatic reflection 40 times transferable to any wallet last 50 days in wallet
top is in bro. this subreddit is all bullish sentiment . you’ll get retracement but top is in. good luck
the best so accurate
i was not mad about the meme but i do love to see a power tripping mod lock a comment thread so they cannot be corrected anymore
been hodling since 2013. can't remember exactly how much i've invested but it was under £250 and my holdings are worth 20x that. at this point, any dip still has me in profit (unless someone takes nuke and kills bitcoin to zero, of course)
isn’t this content directly related to bitcoin’s price action?
remembered the name,i only love mr.bean and his show.
bitcoin down 40%, i sleep. stock loses 10%? i get mad
can you please share your experience with us because you are really good trader in my opinion.
i feel sorry for your loss but i think you will definitely do very well trading in the future. your experience is valuable and it will help everyone else to learn more from you.
but for some people this number is not so big lose.
lol i saw that one also, the whole thread was panicking. imagine going back in time to one year ago and telling everyone that at the end of 2021 bitcoin will be at 50k and everyone will be calling it a crash. unbelievable.
link to post pls
this demonstrates we're early, btw do you have the link of the post?
to be fair bitcoin is shit, it’s the only currency in the world that can practically halve over night because someone said something mean about it in a tweet lmao it’s like a sensitive teenager going through puberty
yes, even i would like to appreciate this because it is extremely accurate and everyone is going to relate with this.
experience is the only valuable thing that teaches us how to earn maximum amount of profit in the market.
i have some friends who are newbies right now but they are doing exactly the same mistakes and selling their investment even if there is a small downfall in the market.
i think that is definitely going to rise in the future so there is no need to worry even if there is any small dip.
i appreciate the people who are extremely generous when it comes to sharing their knowledge and information with newbies.
newbies generally take wrong decisions because there is no experience and skillset with them.
once you're experienced enough you really do not care about the price
i check daily just to see. lucky for me before i put any money into crypto i watched some videos and they all said don’t sell when it dips. so i haven’t made any dumb decisions lol. at least in crypto
keeping an eye on charts and market is must . you should consider it .
no wonder all these meme coins are going to get more popular later
it is true that we invest money with our research and sometimes we feel something bad about the market and then we take panic decision.
if you're investing less than 50k when bitcoin was around 3k, you'll never make anything life altering. doubling your money when you put in 100 bucks is pathetic. if you only have 200 bucks you would not have much even when bitcoin is at 1 million. your friend is even more hopeless. 10 dollars? he is going to have to wait until bitcoin is at 1 billion to make anything worthwhile.
yes it is totally true . everything is new to general public so media make a fuss out of it .
what you did yesterday? can you share your experience?
buying bitcoin in dip is the best decision ever . just look at price and buy at dip
most noobs bought when bitcoin is at 40k+, the only time that it worth it to buy bitcoin was when it was 3k
it's just a matter of how long will it take for fiat to destroy itself. if it goes down gradually adoption will step up. i guess regulation will also follow... if that is happening too fast i do not have much hope for crypto or even the internet as we currently know it...
exactly!! crypto is a volatile market one have to be really patient to get the desired profit
patience is the key in short .manage your account accordingly.
it's new to the general public , media wants them to believe whatever they say
they are idiots. don’t invest in shitcoins.
shitcoins are just based on luck totally . you cannot rely on them for long
when bitcoin does actually drop 50% the people telling everyone to stfu
you don’t lose until you sell.
true that lol, that is what i get in my mind during any dip.
this seems to be too stupid to be from bitmex marketing, who else would waste time to spam this?
i'm referring to actual bitcoin content, not meme shitposts where somebody just takes a video clip and adds text to capitalize on price obsession. that's the type of lowest common denominator content that is too common.
the price is going to rise at some point and our loss is is considered as loss only when we take it.
i mean in crypto -40% is just a casual tuesday afternoon but anything more than 2-3% crash is really worrying in the stock market.
i would suggest you to stay a confident on your investment and do not worry about the market situation.
there is no need to take any panic decision in such case.
exactly, they look at it from all time highs and not from the perspective of time.
i mean in all fairness, this tether story is kind of worrisome about the price action on btc. hopefully nothing happens and we can get back on track in 2022.
like the crash which happened this may and everyone was literally dying of panic in market .
it's volatile because of leverage and cascading liquidations. mean tweets and media fud are smokescreens and excuses. don't believe it? do some on-chain analysis and you'll see.
bitcoin is literally the oldest but most volatile coin in the market one have to constantly keep an eye on the transactions .
at what point are you going to get to, “that is why i start trading with expert mr. robert goodbot. with expert mr. robert goodbot, i invest him ,000.00.”
experience and patience is must to analyze the market and preparing approach for the investment .
selling in dip ls the most stupid decision. one must learn to hold and be patient.
sharing information is very important and its very helpful for others .
selling in dips is the stupidest decision you can ever take to be honest. holding is the game in crypto market
are you retarded? not everyone is rich, and who doesn’t dca -100 every week? dumbass
lol calm your tits dude it is wise not to go balls deep instantly into crypto.
all i am tryna say is that i am happy with what i achieved in so little time with no knowledge whatsoever. at least i made money and didnt lose money. if you thisagree with that then thats fine by me. you do you.
i was 18 at the time i started, im a simple student that has no background in finance or whatsoever. i got into bitcoin and crypto because investing always seemed to intrest me. i just got into it as a hobby ,just trying things out. i'm not trying to make life altering money cuz there is still a lot of risk involved. i invested 220 . i this life altering, no. am i happy with what i achieved yes. cuz when everyone i knew was talking about it i was profiting from it even tho i was just 200 $.
watching the dip dip
was watching the dip analyzing the chart and comparing the dip from last extreme dip to buy from the lowest point .
"any price of bitcoin under ,000,000 usd is a good deal." - albert einstein
sorry but not, always it is a good time to buy bitcoin.
sure bud, i bet at 3k, people were also saying it wasn’t worth it to buy anymore.
shit coins, lmao! yeah, not going to do that. rather spend that money on fuel, food and bills.
yes, it just seemed shady af. this person has been pressuring other friends we know, to join them. (they are not falling for it). they keep posting on fb about the ups in their wallet (never the downs). i'll keep my money, thank you very much.
the meme is literally mr. bean not caring about price action, it’s not price obsessed at all. it seems as though people got enjoyment out of it as well. just feels a bit odd seeing someone get shut down for posting something like that.
> anything more than 2-3% crash is really worrying in the stock market not really. a 1% move is nominal. a 2% move is uncommon, but expected. a 3-4% move is pretty major. ([source]( but all of this is daily moves. you can lose 10% in the market easily in a ***good year*** (the current year is a prime example).
crashes and dips are a part of this volatile crypto market . just keep eyes on transactions and study previous records
time does not matter to be honest. transactions matters in blockchain
reading and understanding the previous records and chart is very important to understand the fluctuation pattern .
yeah but tether has been a storyline for a long time.
nothing's happened in almost a decade, nothing will happen now
there's plenty of other stablecoins to pick up the slack if usdt goes to shit. i'd suggest looking into dai myself, as it is a decentrilized stablecoin, where the peg is based on people generating dai as loans with crypto as collateral through smart contracts. it made me gain access to my crypto wealth without selling.
one thing i don’t understand about tether and how it’s influencing btc price. they say people are minting tether and using it to buy btc, and this artificially drives the price up. ok, i understand that. but what this means is that someone is selling btc for tether (ok no problems so far), and then they’re not converting the tether to usd but they just hold tether. why would anyone do that??
fr. i saw a comment that was something like “the people who have made the most in crypto are the ones who forgot their wallet info”
yes, it is a very profound shitpost, especially compared some of his other shitposts. redditors upvote a lot of extremely lame content that is irrelevant to their respective subreddits. go browse r. i understand *why* people upvote this stuff, but i think it is important for content being submitted to actually be worthwhile for that subreddit.
adoption comes with time tho. one factor alone does not really matter by itself. but if you're comparing dips, price action in general the date and state of the blckchain at the time is gonna matter
yeah but they minted 3bn worth of tokens the past few weeks and regulation seems to be coming against stablecoins soon. while it has been a storyline for a long time, that does not mean there are not new incidents or actions that raises concern. i sincerely hope this is of no concern but i am cognizant of the potential issue.
rightly said ! it's all a part of financial market fluctuations .
i'm not worried about tether crashing tbh. i'm a bigger fan of usdc than usdt. my issue is of course with the number of btc transactions that have been made with tether. if tether is no more, will we still have the same amount of support?
because the exchange then just sells the tether to customers who then trade it in again for crypto or cash then the exchange just sells it again.
very natural conversation guys keep it up
is it not worthwhile to the sub to simply have a laugh from time to time? not everything needs to be high level analysis of financial reports and treasury claims and other econ jargon. i get that you don’t want to see your precious sub turn into a place where people shitpost from time to time but jeez man let ya boy live. crack a smile, maybe even chuckle. it’s perfectly okay to be human and to let others be human.
i tend to agree that having unforseen risks in the market is not ideal, but could you elaborate or provide some idea behind the logic that tether (failing) is bad for bitcoin? trying to understand how it affect the bitcoin price either way
they know regulation is coming for stable coins, why would they just mint 3bn leading up to the investigation?
i do not know. there will certainly be some vaccum for some time, and trust in stablecoins will depend a little on what can be recovered from the company if if they have to thiscontinue usdt. but, there should be stablecoins in place to support us if it happens, it is just up to wether people accept them or not.
sure, i love a good meme, and i'm not above shitposting myself. i'm still proud of this one from four years ago when [we were crossing over ,000 for the first time ever]( but it is unfortunate that many people **only** visit this subreddit to talk about the price, as if that is the only thing worth talking about. very few people actually care to learn more about bitcoin and how they can use it or contribute in some way. so when the subreddit gets saturated with low effort price fixation content, that makes it harder for people who actually give a shit about bitcoin to find and read topics which are **about bitcoin**. i know for a fact that a lot of readers find the whole "banshee chimpanzees whooping and hollering about price" to be irritating and wish for thiscussions that are intellectual and.
i would also like someone to elaborate on this because i'm missing it all together. nobody can just decide to mint new bitcoin, it can only be mined. am i wrong, or missing something?
some say that the price of btc today is massively inflated by fake transactions made with tether. that is, if you sell me a grain of sand for , now all sand grains are worth ’s how the price is made. the minute these transactions are not made anymore, price will be driven by real value or real use (which means, it will be lower than today). some others say that the minute it is announced that tether is worthless, everyone will rush to convert it to btc, and btc price will skyrocket due to sudden and immense demand. of course other scenarios are possible.
how will “they” regulate it??? to my knowledge, there’s nothing our government can do to crypto. i’m sure open to suggestions though.
regulation is very important you know !! minting is the solution to be honest .
well if they only have btc assets and they are all seized and locked up as evidence. could that have a positive action on btc by reducing the circulating supply? if they are forced to sell btc to pay for fines, then that is a sale on btc. which could be good for long term holders. 🤔 just want to look at some of the other possible positive impacts.
“very few people actually care to learn more about bitcoin and how they use it or contribute in some way” 🎯
btc is mined, tether is minted. the normal process would be have funds, mint tokens, buy btc. but it you just mint tokens to buy btc and then use the btc as a backing to the tokens... where is the actual cash coming from for the purchase of the btc? that is why people want to see the financials behind tether. ben mckenzie wrote an article on slate.com if you want to do more research on your own.
this is what japan is doing.
thank you. that makes sense.
thanks for this link👍🏻❤️
why is he wearing a maga hat lol
oh, you risked your money and lost it? that is too bad, anyway... oh no, you risked your money and made some profit? you gotta pay it pal, cause it is our money.
the government doesn’t tax the bottle caps (bitcoin). it taxes the transactions where you trade the bottle caps (bitcoin) for usd or other goods.
i guess bitcoin is starting to be politically polarized now, great
how much do you want for 20 bottlecaps?
lmao i like this! wonder what would happen if they audit every person and their collection and valuables. tax nightmare! oh wait, wouldn't happen.
this is great. gave me a good chuckle
itt: everyone thiscussing the hat more than the shenanigans of the irs.
lol, this is hilarious. i like myself this kinda good memes.
this is how taxes work! i had a co-worker who quit working to farm chickens and for a couple years he had no monetary income. the irs demanded he pay taxes for capital gains (chicks born to his hens) and for income (eggs received from his hens and the goods he got for those eggs since he bartered). he sent them 10 dozen eggs by mail as a joke (valued at around ) and they didn’t take it kindly. took him to court. he was required by the court to go get a job, to make fiat based income, to pay the “value” of his egg tax and chick tax. and the kicker was he then also had a “real” income to tax. then he got addicted to meth because he just couldn’t take it anymore. it was a dumb situation. government say if you don’t want to pay tax, don’t work, but then they find new ways to say you owe them money anyway.
even the guy who wrote the book "wealth of nations" extensively thiscussed tax and duties. the wealth of individuals is not the wealth of nations. on the flip side of the coin, it is rather enlightening to see fractional reserve banking meet its currency match in the digital world. only problem is if you do not have electricity and, you also do not have any currency...
this really made me laugh after paying so much in taxes recently. now take your award.
i ask this sincerely. do people really think that adopting bitcoin fully means no government should ever tax it? because in my head, we might as well regress back into tribes and thissolve every form of government. also, everyone signs up for their local militia. and you buy your shoes from a guy named fred who makes them from tires down the road.
*"government’s view of the economy could be summed up in a few short phrases: if it moves, tax it. if it keeps moving, regulate it. and if it stops moving, subsidize it.”*
this did not happen
patrolling the mojave almost makes you wish for a nuclear winter
ironically, how is world of warcraft gold taxed? we can buy play time for money, trade play time for wow gold; if we make gold in game, we're not taxed on that?
it's like trying to get off of the titanic.
this is just so silly. i love it!
the funny thing is, i can totally see something like this happening 🤣
"but you use my infrastructure tho" - irs
i know it’s popular to complain about taxes but it’s time for many if you to grow up and accept some basics of what citizenship in most countries entails.
can someone explain to me the purpose of taxes when the government prints its own money? i assume it is to regulate inflation? why would they need taxes ~~so badly~~ since they control all monetary supply? and if it is just to control inflation, why not just reduce the monetary supply through the fed? edit: this was a serious question. im trying to learn.
wait, you guys are doing this because you do not want to contribute your fair share to the society? i thought it was to compensate the unfairness of earnings thisappearing away because of the people who do not want to contribute their fair share to the society. huh. i guess it makes sense. the rich started to see that the pitchforks are coming and want to keep things away from where the pitchforks can reach huh... yeah makes sense.
the amount of "tax = theft" people in here is shocking...
lol this cracked me up at work, nice job op
i mean, you should pay tax anyway, regardless of how you earn a living. tax is needed to pay for communal services. now if your objection is that tax is not spent on those things, then that is a problem with the government, not necessarily the taxation system.
contrary to popular belief, if you grow food and trade it with your neighbor for clothing he makes and water he filters and thereby cover all your needs, though you may have no way to get your hand on any actual dollars to pay them, the irs is fully within their rights to come and assess taxes on what they think your food was worth and(assuming you failed to file and pay up) they still want their 30-40%, there is no escaping it
i dunno, if you want to have a military and infrastructure to defend your wealth and property, then pay your taxes. if you want to live on an island, off you go. the pirates'll know where to find you
anywhere there is even smallest puddle of money the government is right there to say it is lawfully entitled to a portion of it...or else. this is how the mafia works.
i legit did not even see the maga hat. i only saw the joke of the comic. is all that some of you see in everything? just politics?
it's not about what's valuable, it is about what's valuable to *you.*
cryptocurrency in a nutshell
irs: "oh, looks like the value of the dollar plummeted, making your bottlecaps skyrocket by comparison. you owe me half of your bottle caps if you ever spend them, even if they had no increase in purchase power."
this is so accurate!!
haha . that’s pretty lit . and 100% accurate.
lol i love the little gnome
love that people are noticing that this is a libertarian movement away from our shitty liberal banking as well as the shitty liberal dollar. love his gnome hat
that's a good one i like it hahaha
lmao the maga hat got me. yup the irs will literally go after your memecoins and nfts and nothing can stop them. imagine getting taxed for owning elon or a damn ape
this has a placr in the fallout sub, just replace irs with ncr
i love how people then say, well it is not real money. not realizing our fiat money is not real either.
they'll just make you convert from btc to dollars.
is each transaction not taxable? only when exchanged for fiat?
we are taxing your crypto now
funny - so you get into something that is no more than gambling> gambling winnings are taxed by the way.
i thought he would say its for nfts.
lulz yes, this about sums it up.
it will certainly be that way. lol
kabouter wesley has crypto! godmiljaar!
but without bottlecaps who could possibly ...yz!!!!??
michael saylor has stated that bitcoin is the first engineer grade money in history. it's evolution. i would also (hope) speculate that crypto will bring engineer level governance. the current system is fucking stupid. doesn't matter what party you suck off. dao's + btc show us that a better more transparent, more accountable and more democratic system is possible. right now. it's time for the world to move past old fashioned controlling authoritarian elitist groups running things and restore power to the people!
so you stopped using money?
« in this world nothing can be said to be certain, except death and taxes. » *benjamin franklin*
give them coca cola bottle cap to play bayblade !!
hey, i know this is a noob question, but if i just pack my computer and bail to somewhere with better, would i pay the taxes i pay here, or pay the better taxes there?
as of 2pm, on the 7th of february 2022, this can now be classified as a terroristic threat. smdh.
lol, so fucking true
the government does not want to miss out on our profits lol.
lol they will come after anything that makes you offset that inflation
so bitcoin and crypto are all about tax evasion, makes sense
funny thing after all the halving btc would not be worth shit in a 100 years
and here we have the entire reason for crypto, a bunch of tech and libertarian types circle jerking each other off in the belief they finally found the key to destroying government and taxes.
why maga hat tho😏
this is amazing. pay your taxes...
make this meme better
simple humans. money isn’t real. but your drug habit for greed is. good luck. you gonna need it
yes much better to use money that completely ceases to exist during a power outage.
so i guess you'll drive on your bottle cap roads, send your kids to bottle cap schools and take bottle cap showers in your bottle cap lit apartment?
that looks eerily like a dunce cap
"make america great again" was appropriated. we're takin it back now
lol, this meme is just fantastic, i like seeing shit like this.
with the amount of people begging for tax cuts in crypto threads i assume most are conservatives.
because the comic's artist is a right-wing loon. you'd think conservatives would want to *conserve* the current monetary system and reject a form of currency that seeks to globalize the world economy but i guess there are a few who do not
bitcoin doesn’t care about your politics.
tax is a fact of life, taxing unrealized profit is bonkers
in the us you can claim losses
you can write off some losses
this made me angry
give to cesar what is cesar's, and to hodlers of the keys coins, the coins.
well you live in the country... so...
have you actually filed taxes? you can definitely deduct losses.
because the real issue isn’t about you paying taxes. why do they need you to pay taxes? they literally are in charge of the national fiat money supply. they create new us dollars through complicated lending games and congressional decrees all the time. the real issue is not that they need your money. it’s that they need to keep a tight leash on you, and remind you that you’re still their slave.
that sounds like the indian government to me lol, 30 percent tax.
do you think people should pay ?
in the netherlands, we do not pay taxes on investment profits. we pay wealth tax. which is 30% on a fictitious roi of about 4%. so around 1.33%. the actual roi does not matter. if i realize profits by buying bitcoin in jan for 10k and selling in dec for 100k, i just pay 1.33% wealth tax. same as if i kept my money in the bank. the only negative is when you lose money, you still pay the wealth tax. they're looking to reform this system tho. meanwhile, if your boss pays you over 70k, you fall in the highest tax bracket, which is 50%. it's stupid. anyway, in our case, they do tax the 'bottle caps' through wealth tax. (market value of your btc holding at 31 dec) edit: fyi i do not think it is bad, makes taxes extremely easy as i do not have to go over all my gains. i'm well off and i think it is a joke that rich people pay little capital taxes and meanwhile labor is very heavily taxed. only increases the gap between rich. and still we have one of the lowest gini coefficients on earth...
well hopefully no one is trying to draw serious information from this joke.
it’s one of the many hail mary defense the powers that be have. if we can’t beat it with logic let’s call it racism and maga
it has been since the climate concerns, and before that with the silk road. i’m truly amazed at how much lefties really want visa(or crypto in general).
nobody made it political until people spazzed out over a stupid drawing of a hat...
and robbed, that is how it sounds like to me lol. they rob us.
1 bottlecap = 1 bottlecap.
1 bitcoin, if you pay me that price i'll give you my bottle caps.
you only get taxed when you sell an asset. you don’t get taxed just for holding something like bitcoin.
thwt could literally happen, and it happens in the some places already.
this really was a good meme lol, i like memes like this.
this is a joke right?
thats sad to hear i hope dude will make it out alright... i think this meme is pointing out how they come after whatever you have, wanting everything possible. like damn dude the bottle was paid for an shit i'm trading my pocketcaps and trying to collect em all. try to take my fuckin pikcapchu cap an ill bust a cap in your cap taxin ass... bitch
governments loot us on the name of the tax and that is not fair.
lol, what's wrong with the meme dude i kinda like the meme.
funny how nancy and her ilk hate btc and the fact that they cannot control it. also, np is a govt official, albeit a perpetually drunk one at that, and tc is just a media talking head. the only thing funnier than equating the two is the fact that you're so sure you're defending the right side...lol
lol, it is gotta hurt too. after paying so much tax lol.
we are fine with tax its just they will try for as much as they can if we dont keep em in check
no, that’s not a reasonable belief to think government won’t tax bitcoin. however, the way the world is going people are going to be able to work from almost anywhere (it’s almost already there) and if you’re taxing an unreasonable amount people will likely go somewhere that taxes bitcoin less (obviously i’ve made that analysis wayyy more simple than it really will be but that’s the gist of my opinion)
answer me this: what did those people bought btc with?
what don't happen? they absolutely tax everything that they can.
they asked me if i traded in crypto when i filed my taxes. why is it any of uncle sam's business what i did with my income after taxes
if you sell for cash then they can ask where it came from
this is gotta be the best meme i've seen today so far.
isn't that a fair point?
but deez potholes, doe!!!!
yes legalized theft aka extortion
lol. if that is the case, why are you dabbling in crypto? and you are not even paying taxes on anything you use today. you are paying taxes on money the govt spent 30 years ago. your kids are now . it's not a tax revenue problem, it is a spending problem. what do we do to people that spent more than they make? we snip the credit cards until they learn, or declare them bankrupt. i guess you're one of those people that is waiting for bankruptcy to be the only choice, huh?
stops the wealthy from becoming more powerful than the entrenched wealth. maintains the power status-quo.
because printing money is just taxing people with a same percentage. but you need different taxing policy for different group of people
they need to tax so that it is not clear to most people how much they are printing. if they weren't taxing anything, people would look around and think "where the fuck does all this come from". now since they tax people what feels like a lot to us we think "gosh, i lose so much to taxes, guess that is how the government keeps the lights on" not realizing we only cover some and that the rest is printed.
i'm shocked how few there are compared to the (much better) old days before bitcoin was overrun with statists.
because of shit like this... [
cap gains tax thisincentives investment in innovation. it's parasitic. the state took no part in making the gains, taking the risk, or providing the infrastructure.
i mean i agree but you cannot lot people on the name of tax tho.
well of course they do. just because you are not using dollars to exchange goods, does not make the transaction tax free.
> irs is fully within their rights that's not a right
quick question, did they (us government) asked you them they expend billions of taxpayer money on military bases around the globe? did they protected you on 9? them they expend billions on war campaigns on iraq and afghanistan? or the thousands of military vehicles and weapons that got left behind? or them the afghanistan military just up and left their posts after 20+ years of training? after so many lives lost to get back to where we started? did you pay the bill for the evacuation of kabul? ' of course you do, that is why you pay taxes.
gtfoh! we all know more tax dollars are spent fighting unjust wars and politicians pockets via pet projects while funds for infrastructure are funneled elsewhere and social safety nets are raided and borrowed on...
surely none of these bitcoin guys are over 15 right
taxes are a scam
everything is politics these days. when i take a dump and look back, i see joe biden.
i mean does not get more accurate than this. best shit i've seen.
i prefer the dwarf 😁
conservatives are who took us off the gold standard so...
lots of hypocrites on this sub that need to go back to using the us dollar, since they crave being tax slaves to a govt that is literally making them poorer by the second. the whole point of crypto existing is to get away from such shitty and unsustainable monetary policies. lol, and the derps of reddit go on...
depending where you are it could be that the fiat value of gain at the time of exchange for goods or services is taxable.
the picture is about bottlecaps. get out of here with your assumptions.
you're definitely looking at it wrong, look better dude.
i do not think you understand how that works...
if we have a power outage for long enough, you will cease to exist as well. today's keyboard warriors do not have the faintest idea about surviving in a world without power. they can tell you everything about proper pronouns and "gender equality", but generally bs like that does not get you food on the table. safe to say we have way bigger problems in a serious power outage.
the right wing barely understands fiat currency, let alone the blockchain. edit. typed fiot instead of fiat
oh please these right wing commies barely know how to send an email.
i thought crypto was a liberal concept
just because i think we should end all mandates, and dont trust the monetary... ah nuts.
iv seen a surprising amount of people shocked they still need to pay taxes if all their cash is in btc. like iv seen many people complain as if their money in btc somehow removes em from our society or somethin lol. like i kinda (not fully) understand wishing you only paid taxes on whatever gets converted back to usd or whatever but then those same people talk about how btc is def a currency and not an asset. like if it’s a currency it should be treated like one. turning your usd into euros won’t help you avoid taxes so why should btc?
grass roots conservatives currently hate the federal government and all federal institutions (cdc, fda, doj, cia, nsa, fbi, etc.). they are aware that these institutions derive their strength from owning the money printers. one of the biggest figures in the grass roots conservative area is andrew torba, founder of gab. he re-posted this just the other day. [ these people love crypto and hate the fed.
>you'd think conservatives would want to *conserve* the current monetary system and reject a form of currency that seeks to globalize the world economy but i guess there are a few who do not it's a good point, but one conservative thing about bitcoin is that it cannot be printed into infinity.
is there anyone on the right who you *wouldn’t* call a “right-wing loon”?
maga loons are not conservatives. there are conservatives in the republican party, (and in the democrats as well) but there are other right wingers too. right libertarians for example.
yet another left wing shares his unwanted opinion
tax is a fact of government, not life.
unrealized gains aren’t taxed what are you talking about
>tax is an act of the state ftfy
was a fact of life. until bitcoin. i lost it on a boat. suck it.
not sure what unrealized profit you are talking about. if your assets are liquid, it makes a lot of sense to tax gains even if you have not sold the assets, because it is liquid, so you can sell the assets. if your assets are not liquid, like a small business or a house, it does not make sense to tax gains until you sell those assets. if the asset is something that people call currency, it is very liquid. if you do not want to pay taxes, well, you are not alone, but you also do not have much in the way of rights or facts behind your wants.
taxing any capital gains is bonkers. the money used to invest is already taxed.
getting robbed by corrupt politicians may be a fact of life but it is still bullshit and many times in history they were removed only to unfortunately, be replaced by similar shitbags. for some reason you sound like you think it is ok.
but this fact of life is getting outta hands nowadays tbh.
not really... you can only claim , so if you lose ,000 in a year and try to claim in, you can only roll x amount over into the next year, saving you all of (after 20 hours of research and paperwork)
i'm sorry, some pills may be hard to swallow. but it will be worth it.
so, a spear through the heart?
that depends, there are limits from the amount of losses you can put from year to another. there are no limits for the gains on the same period.
no, thank you. we don’t want any more wallet validators, investment opportunities, or small-coin scams.
i do not like paying tax twice. if you invested anything, you probably already paid tax for the money you earned by other means. if you have to pay more tax just because you decided to invest instead of buying a new computer or spending a night on a strip club.
of course. that was foster investment in innovation and progress.
dang this is really complicated, why they have to make it like that.
sounds like a really stupid system. you should move.
in that case, there is absolutely zero difference between doing that and selling your gold bottle caps for usd and then buying silver bottle caps. why would the tax treatment be any different?
that's a roast dude? c'mon dude you need to to better a little.
> just anything and everything that is ever traded for bottlecaps yes, just like if you traded stock to someone in exchange for some other good or asset. as far as the tax code is concerned, there’s absolutely no difference between selling an asset and using the funds to buy something else and directly trading the goods. > including other bottlecaps including bottlecaps that are different, yes. just like how you still get taxed if you trade one stock for another instead of selling and then buying. there’s no difference between those things, so we shouldn’t expect tax policy to make one up. > oh hey if you’re just holding your bottlecaps they’re gonna tax you on unrealised bottle cap gains as well. the us doesn’t tax unrealized gains.
in the context of this post would the comic artist be the powers that be? i feel like the artist was making a pro-crypto statement, rather than some high level crypto-political-grift.
actually a solid point
i certainly don’t want to be grouped inside of the maga crowd, but bitcoin is for everyone, it solves almost every problem we are dealing with. people get too caught up in taking sides but most of our problems really stem back to the federal reserve and the 2008 financial crisis.
the single most politically charged item of clothing was unnecessarily added to this comic and people are not allowed to even question it?
are you high? the comic was clearly political from the start. bitcoin doesn’t take sides, so why is the cartoonist?
where did you get it from? someone took the time to specify that the guy is of the maga side. it's clearly political because it ads absolutely nothing else. edit: also it is hilarious because nixon took us off the gold standard.
i have 5 pens
if you 'trade' btc for anything else you are taxed
you sure about that? because there are a lot of countries.
...so far. there's been a lot of talk about 'wealth tax' recently.
so what if i were to transfer the btc from a kyc exchange to a private hardware wallet? would that count as “selling” and be a taxable event?
wow, leave some straw for the rest of us.
the funny thing about maga "macho" memes is these people realize they are the stupid part of the electorate and assume via magical thinking they are also the cool sexy alpha part of the electorate but life is not fair is it? maybe you just suck at everything.
nixon took us off the gold standard to fund war and trump hates bitcoin...
i'm not necessarily defending democrats, i think several of them have nasty positions on bitcoin that i thisagree with. it's just the tone of this place that keeps meming up desantis and ted cruz and insurrectionist sympathizers on fox news. it's the same shit we saw in 2016. look at this cool thing look i put trump on the cool thing therefore trump cool hurr hurr
they're treating bitcoin as if it were any other security.
that happens now though so i do not see the issue.
it would not ever happen. pretty weird thing to fantasize about
is trading for things in game considered a taxable event? seriously though...
"fair enough. so what's the cost to use your infrastructure?" "well...how much you got?"
yes. the issue is that government has a monopoly on money, which allows them to perpetually spend in deficit, wars, etc. taxes are fine, as long as the people who pay taxes are getting a good return on the money, e.g. potholes get fixed
the same way that "the mafia protects you" is a fair point in favor of the mafia extorting money from you.
which state infrastructure do you use to buy?
lol, they are caused by you. don't blame government for that.
i can understand why paying taxes is important to a community while also investing and believing in a better monetary policy.
lol that article makes it seem like they are spending 30 million purely on crack pipes...
“disincentivizes invest in innovation” yeah, cause moving money around in stocks.
but the people vote the government in, therefore the problem lies really with the people and the way they vote.
don't you know the parties switched?
gold is also inflationary.
yeah, kinda. taxes are what they want us talking about. but inflation is what makes the rich richer and the poor poorer. it becomes more expensive for people without assets to live, while the people with assets become worth a lot more money. inflation is how the left takes your money away from you. crypto fixes that
should have said the incentive to mine would not be there because the rate at which it is mined is so minute that it will not be worth the time
haha. incorrect. a. grew up in the woods and have survived many a night with no shelter or food. b. humans are incredibly adaptable. blockchain not so much.
lmao, this thread is getting hilarious. gotta love it.
*stares back in conservative socialism*
c'mon dude. this is common across the aisle.
lol, that is true i guess lol. that's why they are right wing.
ok everybody let’s be cool here … (stares in republican)
ron paul is considered right-wing nowadays and that guy literally wrote a book on it.
thats why literally all states and politicians pushing for bitcoin legislatures are republican right?
what i like about bitcoin is i’m as right wing as you can get and there’s not one fucking thing left wing communist joe biden ball sucking jack offs can do to mess with right wing hodlers. kick me off reddit. don’t give a fuck. kick me off twitter. don’t give two shits. try to take my bitcoin. not now. now ever bernie bitch
yet another “trust me bro” speaking
right wing commies,. that's a new one...
not pros at deleting them like the left
like you know anything either lmao
it’s a libertarian concept, mostly.
*looks at pile of euros in panic*
they all hate democracy and the goal is to end them. hence the alignment of dictatorships with btc
liz cheney and adam kinzinger
because a right wing has definitely never done the same. if you have a point to make, then make it
like i said, feel free to go it alone
tax is a fact of a shared society. a government is an outcome of a shared society.
you're free to try to find a tiny sliver of land not owned by any government or corporation or person and try to survive by yourself.
you’re gonna end up taxed one way or the other regardless. if it’s not in money, it might be with your life due to no infrastructure in place to protect you.
they do in a lot of countries.
not yet. unless you own a home. then they might tax your unrealized gains.
left leaning politicians in the us are actually advocating this right now "for billionaires only". its the only way they can begin to pay for massive spending they want.
the left wing is trying to make your unrealized gains taxable. they have not done it yet, but they’re trying. be careful what you vote for
swaps on a dex are a taxable event.
exactly, feel free to be stateless
i hear parasites clinging to the bottom and getting a free ride *can* be a problem with boats
i am just not big on parasites not contributing, does not seem right everyone else should pay for non taxpayers to live in a civilized country
,000 per year against *ordinary* active income. the remaining portion carries forward to the next year. any amount of capital loss carryforward can be used to offset taxable capital gain in any year. it's bitcoin guy, with the last in first out basis rule, you'll get that gain eventually.
> so if you lose ,000 in a year mo' money, mo' problems
at least in 2021 you can claim capital loss if you can prove your cost basis
yes on crypto. losses offset any capital gains made just like with stocks.
it goes on an 8949.
only if you're nancy pelosi...
i thought it was a knife in the back? 'et tu bitcoinicus?'
to be fair, you usually pay sales and service taxes on things like strip clubs and computers.
i mean you still make money. there is not evidence that capital gains taxes are stifling investment.
my guy gets free health care and a safety net if he gets fired. i think he is doing fine.
have you ever moved in your life? it’s just the easiest thing possible in life isn’t it? fucking dumbass.
orrr they could stay and try to help reform the system.
what makes you say it is stupid? it's a good system in my opinion because it is very simple. i never need to worry about coin gains, or keep a record, just need to check how much money i have on januari 1st. the first 30k of wealth is tax free anyway.
it absolutely does sound horrendous, how people are keeping with it?
not really talking about this artist. just in general a lot of crypto is for righties type narrative going around
bitcoin does not take sides, but people do. bitcoin welcomes everybody. bitcoin will always welcome everybody. but it is undeniable that those with an affinity for the leftist party in the us are generally rejecting their welcome and forging an anti-bitcoin agenda of pro-censorship and centralized \[financial\] control, moreso than the other side. that's not the fault of the other side. nor is it realistic to expect the other side to self-censor their artwork lest somebody be offended by the presence of a red hat in a cartoon. feel free to create a leftist pro-bitcoin cartoon. seriously, that would be awesome! even better if it actually helps convince people on that side that bitcoin is actually a good thing, because they are the ones who generally need more convincing of that at the moment. don't like the political leanings of bitcoiners? get to work orange-pilling your side. that would be more useful than wasting time being offended by a cartoon. maybe that is why the comments are being deleted... because they are just not useful and are a waste of screen space? (that's just a guess; i really do not know exactly what mods look for.)
i'll give you 15 bottlecaps for 3 of them.
yes, because that is identical to selling the bitcoin and then using the usd to buy whatever you bought.
only if you report it. if you're trading bitcoin with a non reporting entity you owe tax but who's going to know note: this advice is sus. if the irs does employ say chainalysis and thiscovers activity related to your kyc wallet you might be audited i guess. i'm not sure how advanced the irs is in this space. just pay your taxes on your gains.
yeah that is how it works for everything.
sure, obviously a new tax would change the taxes.
no, that’s not a taxable event. transferring assets from one account to another doesn’t matter. transferring assets between people does.
yeah, not to mention trump openly thislikes bitcoin. it’s a threat to his (and all the elite’s) power
trust me dude, the governments can do anything. shouldn't trust them.
practically, it can happen if the govt' wants to and people allow it. freedom and all yadda yadda always have the same common denominator. force. it's just a matter of convincing the masses to allow it. i for one would vote for "shoot a miner day". need gpu. (would also vote for shoot a ceo day.)
no that’s in the bubble of the game economy once you exchange for usd you can be taxed
“well, there’s a few hundred of us who have more than anybody ever had ever”…
you can pretty much make an argument for any system to be effective if you're assuming that everyone will do their part to make sure things continue to run smoothly(not saying you're doing this, just making conversation on the topic). the problem is humanity is too human. the most effective long term systems always assume the failing of human greed first and foremost, and the failing of human short sightedness second, i do not see a prevailing economic theory that manages to effectively address that while also being attractive to the average person.
no one gets a good return on their money. the only people that benefit on taxes are those that pay none and get all the benefits. the rest of us get shitty infrastructure thats horribly allocated.
>the issue is that government has a monopoly on money they have a monopoly on their own monopoly money they have a monopoly on legal violence i guess, they only get away with it because they have guns and goons and whatcha gonna do
taxes are fine but the loot is unacceptable they are looting.
mafia doesn’t build infrastructure or manage laws.
we cannot afford a crack pipe gap.
investing in companies does not do what now?
if you only have a choice between turd a and turd b, i wouldn't call it a problem with the people. that's a bit too simple.
the point is that the printer got kicked into overdrive by the conservative party. then both liberals and conservatives alike have just been fighting over who gets to press the button ever since. also, gold is inflationary based on it being mined... hmm sounds familiar.
the transaction fees will rise to make it worth mining
you really sound like dwight from the office, do not you?
*stares at both with an economically austrian point of view*
what the hell is conservative socialism???? are you a meateating vegan too?
fungible interbank orwellian tender
that's some new shit, probably never heard of that before.
he can barely speak let alone write
i like the comment the guy that replied to you wrote. mine was a typo.
lol, yeah. no one actually knows how to read and write.
heck yes it is
yeah lol, republicans are cool. but i'm not a fan of them.
i legit do not understand how anyone can still be republican lol
what are bitcoin legislatures?
exactly man, it is all about votes for them, they do not care bout btc.
source: “trust me bro”
it would be the irs taxing it after congress passed a law for it, not the president. the irs has already been taxing bitcoin for transaction and capital gains since 2014. i think only recently are they getting more serious about enforcing it. edit: i hope you're exaggerating underestimating the "as far right as you can get". as far right as you can get is literally faschism and that is not cool bro. we do not do that here.
if only biden was a left-wing communist. sorry to say buddy, he is pretty much one of yours.
i've heard this tho, heard this many times here to be honest.
hahaha this was funny
lol, that is actually funny dude, this is the kind of humour that i like.
don't know anything but am not nothing wrong in pretending tho.
lol that’s like me saying joe manchin is the only good democrat.
you’re insult right wing for doing nothing, you’re just being an ass and looking like one on the making
i think we would prefer to pay people to provide the necessary services to our lives rather than go it alone :)
not alone. there are thousands of us.
yep, the tax is imposed by the government and not by the god.
that's a little broad. i can sail to international waters with some friends and we still execute a shared society fine. similarly, there have been pretty big societies with no internal taxes such as early us living entirely off of import.
there have been saudi monarchies in very recent history with no taxation. not sure if that is still the case today, but a nation rich with abundant natural resources doesn’t require taxation for communal benefit. a rising tide of oil lifts all ships, i suppose.
>tax is a fact of a shared society. its shocking how confident many people are in this assertion that takes 3 seconds to think through and see that is nonsense. if you cant imagine a single cooperative society without forcing people to give up their money against their will then you are broken. of course what they always mean is "the society i want requires theft.", or more likely "ive never thought about this topic and all my opinions are state propaganda."
spend some time researching mmt
what does this have to do with anything?
there’s only 5 oecd countries with a wealth tax and it’s .5% to 3% over hundreds of thousands of dollars per year. why are you upset about this lmao. if you have made over ,000 in unrealized gains in a single year i don’t feel bad about you having to pay .
lol personal property tax is not the same as having your unrealized gains taxed.
spending by democrats: "who's gonna pay for lifesaving healthcare?!?!?!?!111" spending by republicans: "yes daddy please more tomahawk missiles 😍😍😍"
yeah if you have like 100 million in unrealized gains i don’t give a fuck if you have to pay taxes on them. you’re fine. also i haven’t seen any substantive push at all for taxing unrealized gains. this is just conservative outrage over nothing.
lol who and what have they proposed
never argue w, they just like their echo chamber, and they will downvote you so your comment cannot be seen. kinda like how they screech and make a bunch of autistic noise when opinions they do not like are being said. it's a liberal cesspool here.
you mean the senators right?
yeah, exactly. you're not paying taxes on those losses, it is just spread out in future years until it runs out.
nope, your losses offset your capital gains with no limit and up to .
true, but not to 25%-50% range that is where most investment gains are taxed.
> we find that an increase in tax rates decreases patent production. the results are consistent with a change in incentives of entrepreneurs; after a tax increase entrepreneurs reduce innovation risk to offset the reduction in returns on their investments.
yeah eu citizens can move without any problems to pretty much any other eu country.
yeah it’s great for the wealthy sucks to be a poor worker worldwide
it’s how literally every other asset is handled. they aren’t taxing the use of usd. they are taxing the capital gains from when you buy the asset to when you trade it. not doing it that way would be a logistical nightmare.
>that's just a guess your entire comment is a guess. bitcoiners are far right, far left, and everything in between. maybe you meant american bitcoiners, but even that is a stretch, since there is a lot of tech and art people into crypto, and both those groups typically lean left. >don't like the political leanings of bitcoiners? more like most people would thisagree a strong lean in one direction or another exists.
if i trade usd for cad and someone accepts my cad for payment of services... am i taxed?
this is true, but the system is largely guilty until proven innocent. not that you personally are guilty of any wrongdoing, but the money is guilty of not being known to authorities. you can transfer btc from a kyc exchange to a personal wallet, but that kyc exchange will report to irs as if you sold that btc, the onus is on you to prove you own the destination to avoid taxation (thereby linking your identity to the destination address). civil asset forfeiture law works similarly in that money is guilty until proven innocent, in that you need to prove the origins of the money were legitimate. failure to do so results in the state being able to steal your property.
i wouldn't put much stock in what trump does or does not like at any given moment. if he had someone on his side that could convince him he could rug pull his base he would be on it in a heartbeat. to be honest i'm surprised he has not already tried it.
obviously. what does this even mean. not really a contribution
yeah but those would not happen as i just said. this comment is just even weirder things to fantasize about
what do you need a gpu for? for playing your silly games? priorities, i guess. also, do you know that bitcoin miners do not use underpowered gpus anymore, but specialized hardware like asics?
come see the violence inherent in the system!
i believe union contracts were historically a very lucrative revenue stream for the mafia.
don't they, or i mean, did not they?
if they did build infrastructure, would it make their extortion legitimate or just? and what is the difference between a law and rules for how to act that are punishable by violence?
people are allowed to vote on who gets into government, they choose to vote over irrelevant issues.
the printer got abused when obama took office. lol. see, quantitative easing is when obama printed billions of dollars every month for 8 years and pumped 90% of it into the stock market. why you ask? that’s because he was holding the stock market up. why you ask? so the people that have so much money, they put their extra money into the stock market don’t lose any of it. he screwed everyone over so rich people didn’t lose their extra money. all while telling poor people that he represents them.
you sound like the temp. shrugsies.
stares at all of them stroking his stash of btc, "my precious..."
stares back at all the labels designed to keep people divided
more like socialism with traditional values. family, nation, god.
"conservative socialism" is a good description of modern republicans (usa). traditional social values with increases in government regulations and spending.
it was a typo but i really like this
yeah sure bud, that definitely sounds like something credible.
that’s because you’re not thinking for yourself. a reasonable person could come down on either side of pretty much every major issue. that’s what makes those issues so controversial.
laws that make a useable legal framework for bitcoin to be used as money
yes, all and every politicians only ever cares about themselves. ok grow up dude. if you really honestly cannot thistuingish between politicians, thats very sad, and people like you are the reason the sick psychos get voted in
how many languages do you yourself speak
that pile of shit rests squarely in your toilet
it's reality stop supporting dictator's and criminals
please tell me how i insulted conservatism itself rather than the comic artist's contradictory views on conservatism
so nothing to say about his global currency comment then. 👍
that does not mean that government can come and loot us.
better than paying taxes and getting nothing but wars and corporate bailouts.
you do it is called taxes
...and it is a challenge to 'feel free' when we're not actually.
enough to be a pain in the ass, not enough to destroy government and condemn us to anarchist dystopia.
the early us did not need much for taxes because they had a massive slave workforce and endless indian land and resources. not really an ideal sustainable model.
simple colonial times are long gone. people could have a good life without even knowing how to read.
what works for six people rarely works for sixty people and does not work for 600 people. a sub 600 people group is a clan not a society. clan lyfe! go raid another clan for a wife! no tax, worth it.
subst "tax" for "revenue" then that is fine with me
who pays for the boat and its maintenance? if something breaks?
you're describing state capitalism. not exactly awesome in modern times
some friends does not constitute society. you must play some serious mental gymnastics in your head to correlate the two.
if you happen to be a us citizen and sail to international waters you’re still on the hook for taxes. you’ll qualify for foreign earned income exclusion once you’ve been out of the country for almost a year but you’ll still have to pay taxes on anything you earn over ,000. but you still have the burden of filing so they can keep tabs on you and if you don’t the penalties will start. you also might be on the hook for state tax depending on where you’re drivers license was obtained, if you have property, etc. i live in thailand as a us citizen so have been dealing with this for years. it sucks paying into something you’re not even a part of anymore.
lol, you think they do not have tax? because they just fucking own whatever they want to own. a monarchy that claims the natural resources of the country as their own property is not exactly very different from taxation.
ok. lets build a society together, me and you... except i do not really feel like doing much of anything at all so i hope you're good with doing all the heavy lifting. you sort out the food, the accommodation, the security and i'll just chill and smoke a joint. sounds like utopia, at least for me
cooperative society does not function at scale and does not account for the corporations or their own racist influences. a government of the people by the people funded with revenue sources defined by their representatives is so far the best mix we've come up with so far.
>if you cant imagine a single cooperative society i can imagine all kinds of impossible fantasies, but they are all centred around my needs & wants, in practice every attempt by humans to create a large scale society without a government or law enforcement... it's great for everyone if they are men. for everyone else (including those same men when they are under 15 and over 50, injured, poor or dumb) it is a nightmare society. your utopian dream is everyone else's nightmare. humans are selfish, for god's sake they do not even want to pay tax, let alone maintain society voluntarily.
word... these people are also fine with the govt killing you over some money while pretending to care about humanity.
this is a fun thought exercise, but it does not scale. why do we know this? because no modern examples exist. of the nations that lack personal income tax they are either tax havens by design or, in the case of the uae, petrostates with incredible wealth thisparity. there are lots of isolated, de facto tax-free cooperative societies scattered across the world. but they do not scale. eventually you need things that are best handled through regional or central planning and that means a government that does more than just keep out invaders and enforce the law.
"their money" does not exist unless it is recognized by people. if you want to safeguard that, good luck trying to do it without massive cooperation and something with a monopoly on violence. libertarian idiots never fully understand what government is in the first place.
no one else wants to join your might is right clan, which is the inevitable outcome of selfish humans in a group without governance.
fine you can pay it, leave me out
please, do tell us how personal property taxes are anything but literal revenue theft if i have to pay a sales tax to buy something with my already taxed income? the way i see it, property taxes are nothing more than the govt saying, "pay us money or we're going to seize the shit you already bought and rightfully paid for with money in which you've already been taxed..."
obviously. i'm just saying that there are cases where you get taxed based on market value, much of which can be unrealized gains. and further, property tax is a precedent which could be used to tax property based on market value, even if not sold, if politicians decided they wanted to.
democrats: buys tomahawk missiles anyway
how the fuck is the money considered taxable if you have not even gotten it yet? it's a scam to get you to sell you shit for the low so they can tax the fuck out of it again and again.
max capital gains taxes are at 28% and that is a progressive tax where all gains under a certain dollar amount are taxed at a lower rate.
the study states that there is a 1% decrease in patents. doesn't seem like a significant drop.
they can move anywhere in the world they’d like. not the point.
you either haven’t moved in awhile or can afford movers because that shit is arduous
the poor usually do not have even have 30k in savings so they pay zero, and otherwise pay a small percentage which they could easily get back by investing
great. if the left is so well-represented then maybe there is no need to get offended about a red hat in a cartoon. i cannot imagine how embarrassed i would be if i ever caught myself being so worried about a leftist symbol in a cartoon i happened upon that i decided to whine about it in the comments section.
if you buy cad and the value of cad skyrockets, then yes you can be taxed on those gains
trading fiat with another fiat is a different story
you are taxed unless an exception from [26 u.s. code § 988]( applies (see
of course. that’s true of all assets. just think about what it would mean if that wasn’t true. it would be absolutely trivial to avoid paying your taxes.
this is like my gf waking up and being mad about something i said in a dream...
you cannot use shit, gpu asic or whatever, if you dead. 🙃 i prefer my silly game over your idle gains. i do not want more money. i want time to enjoy life. price of everything and the value of money is anyways being manipulated with or without shitcoin. go do your mining and fuck you every chance i get.
always love a new hot take. what’s the specific claim about “90%” of qe for stocks? isn’t qe just a negative banking interest rate to encourage lending?
runs around screaming like a banshee in *anarchy*
like [this sub?]( jesus fucking christ. good luck with the ethnostate, man.
no it is not. socialism is not just when the government does stuff.
i mean i like this too lol. this sounds better than fiat.
legislatures are not laws. they are bodies of people who make laws.
that's very vague explanation dude, does not work like that.
a few, but mostly the one in which you meant to say "legislation".
he may be in our toilet but the cheeks from whence he came are as red as the day is long.
not really. we pay a middleman who then decides who should get paid for which services. then we still end up paying for 80% of those services directly anyway.
> anarchist dystopia oxymoron alert.
colonial? permanent income tax in the us had only been a thing for about 100 years. before that there were some temporary taxes, at about 3-5%. if income tax was 5% i doubt many people would be complaining.
the people who rage about no taxes are the exact people who would kill you and take your stuff without government. there's a reason they do not want government, because they would be the government instead.
i guess, to be really specific, back when we all owned the boat together we split it equally be couples among the owners. i mean, who pays when you go out to eat? why do not people rob each other whenever a cop is not looking? like people cooperate on small scale without government all the time. (i'm still in favor of government and courts. but i just think it is silly how often we act like no one can get along without them)
the people directly using it
one of them could be the one that does it and the rest pays him, just as someone else makes food and the rest pays him, no tax needed
just so you know populations without the resources or desire to care for prisoners do not take prisoners. instead they use more creative (and cheap) punishments like branding's, hand chopping, expulsion, and execution. you may want to factor that in to your hypothetical utopia, because if you steal from me too many times it will not end well for you.
>cooperative society does not function at scale again with a very confident and very stupid assertion. free market capitalism is cooperation, free trade is cooperation. >does not account for the corporations or the primary problem with corporations is limited liability granted by the state. they get special privileges granted to them by the people you want to give special privileges too. at the end of the day you are a source of the problem for supporting the state. >their own racist influences. congrats on a new (to me) argument. "we need taxes because of racism!". > a government of the people by the people funded with revenue sources defined by their representatives is so far the best mix we've come up with so far. if the individuals do not have the right to tax each other how did they give the representatives that right to tax them?
how the hell did racism get into this?
me: stop supporting mass theft. you: that's an impossible utopian fantasy! you are barely sentient friend.
“humans are selfish” is debatable. countless studies show that most humans are naturally communal and cooperative. hell, we need to psychologically damage most humans to the point where they are willing to harm another human (military training). perhaps it’s more a product of capitalism that humans today act selfishly, rather that an intrinsic part of human nature. selfishness and greed are learned behaviors, like racism, rather than the default setting everyone is born into.
there are literally an infinite number of solutions to this problem, not that im even sure it is a problem. whatever it is, one thing it is not is a justification for theft or the state. if anything its an argument against both.
isn't government a might is right clan of its own?
but what happens when the entity the people are governed by is just as, if not more greedy than the people it governs?
ironically property taxes are the taxes that make the most sense. you are paying for the services attached to your home. most of your taxes go straight to your local county.
it’s not theft, it’s taxes. property taxes go back into the county that you pay them in. you’re literally paying for amenities like schools, roads, streetlights, etc. when you pay property taxes. obviously i would like it if i didn’t have to pay taxes but i live in reality. we need to have taxes so that we can have amenities as a society.
cool, but how does the government pay for anything then? hyper-libertarianism is all well and good in principle, same as socialism. it falls apart in practice. are you going to repair the highways you drive on yourself? pick up your own mail from the source of origin? defend yourself against foreign armies? taxes are absolutely revenue streams - why that’s a problem with anyone perplexes me. you don’t pay for the city workers salary directly, nor the policeman, nor the doctor (if you live somewhere that has single payer healthcare.)
those are not taxes on unrealized gains. those are property taxes. your taxes on gains are when you sell the property. > and further, property tax is a precedent which could be used to tax property based on market value, even if not sold, if politicians decided they wanted to. this is literally what property taxes are? what exactly is your point?
it’s not considered taxable. there are no taxes on unrealized gains. what are you so upset about.
brazil's 'law' state that any cryptocurrency transaction during a month above 7000 usd (35000 brl). every operation (buy and sell) must be reported to the brazilian irs. side note: the limit is cumulative, so if you make 10 buy or sell orders each 700 usd in one month, you must report every single one and pay tax on every single dollar you made (at best 15% for each dollar).
no they cannot, most other countries require a residence permit, work visa, etc.
it isn’t, because the value of your sandwich and my pizza isn’t changing from when we purchased them.
you missed my point. i was not saying that the left was "well-represented" in bitcoin, whatever that means. i was saying that you do not need to attach your political ideology to bitcoin, whether that political ideology is left or right or somewhere in between. people are "whining" about the red hat because it is out of place and detracts from the conversation. there's no part of "thistributed, worldwide, decentralized digital money" that should make you think, "oh, hey, this would be a perfect time to shoehorn my favored american political ideology into the conversation."
btc is legal tender of a recognized national government. doesn’t that make it fiat?
yeah it is literally just making stuff up and getting yourself upset about it
no, he gave 4.5 trillion dollars to the banks so they wouldn’t collapse from all their crooked lending which cause the ‘08 crash. those banks invested it all into securities. .5 trillion straight to the rich. this is why the recovery was so weak, but the stock market was constantly hitting new highs.
do not care about ethnicity or race. nor do i truck with anyone that is obsessed with that. seethe lib🤦🏾‍♂️ also can’t see what sub you referenced.
sorry, but it is not a new term. conservative socialism has two primary meanings. the first was coined by marx in describing those that wish to preserve the existing socioeconomic order because it benefits them while patching the system to help those hurt by it. this usage is synonymous with bourgeois socialism. the second meaning is the modern sense in which the far-right refer to those who are conservative, but favor interventionism. for example, the original republican health-care plan that was eventually turned into the aca's insurance mandate would have been deemed conservative socialism. see also [paternalistic conservatism]( socialism itself is an extremely broad term and can refer to many sorts of political and economic systems. the narrowing of the term in public thiscourse to the specific government control over means of production is relatively recent and not universal.
like the national government... when it acts socialist? quit beating around the bush and call it what it is. statist authoritarianism.
who the fuck cares, everybody understood what i meant. change it to legislation and there ya go or whatever
i am the senate!
ok. biden is a conservative. i’ve heard it all now. bro, go straight to the emergency room. it’s not good for you to eat that much lsd
a better argument would be it will be easier to trace all transactions because it will all be logged so hiding transactions would be harder making criming harder
i think we are being brigaded by wokebots.
right, i know, that is the point. modern society has a lot more needs that it did in colonial times, that is why the income tax came about. you complain about taxes without understanding what you would be losing if they went away.
so the only people that do not like bullies must be the same or worse? sounds like absolute bs sir. some people just do not like assholes.
i learned long ago that ancaps all just want to be the government and see the current government and “taxes” as a barrier to entry. that’s why they say shit like “the government has a monopoly on violence” not because they actually care but because they want in on the business of violence. it’s out of jealousy.
they want just enough government to be able to ruthlessly exploit those around them without a shred of consequence or responsibility. you can bet that an essential function of any kind of government in that sort of society will be the maintenance of the owner class. come to think of it, sounds a bit like the old south.
thats all it really is though at its core. its easy to just have each person pay a bill when its 5 people on a boat. but what about a park that services 1,000’s of people? there has to be one person managing it and paying for all the maintenance. and then everyone is pitching in a little bit from the community. same goes for a military to protect your nation.
read some hobbes and locke to learn about the social contract.
so isn’t that essentially the same thing as a tax...? everyone pitching in to pay for something the community uses? i think the current us government is a complete overreach and basically stealing from the american people. but tax in and of itself in a basic sense is pretty much necessary in any civilization
that essentially is what tax is (or rather should be), it just doesn’t work that way when you are talking about thousands or millions of people.
what if one person made the food, one person built the furniture, one person taught the kids, one person hunted, etc...and instead of adding currency to the equation and paying each other for the good or services the services and goods themselves were contributed to the pot so that everyone had what they needed?
ohhh brilliant, i can tell our brave new world is going to be an exciting one!! i just love the idea of mob rule and vicious cycles of retribution. taking matters into our own hands seems like a much better (and cheaper) solution for settling debates and i do not see any scaling issues with this at all. now we just need to somewhat shoehorn the blockchain into the idea to really make it pop.
sorry my phone autocorrected fascist into racist because i spelled it wrong.
>cooperative society does not function at scale > >again with a very confident and very stupid assertion. what are some examples of societies that have successfully scaled without taxes?
“ free market capitalism is cooperation, free trade is cooperation.” decent hypothesis. you *do* still need to show where this worked at scale, though. “ if the individuals do not have the right to tax each other how did they give the representatives that right to tax them?” individuals don’t have the right to tax each other, but they do have the right to all agree on what everyone in the community will willingly contribute. and those that don’t agree can go found their own communities. ideally. realistically, if you have the bigger stick, you don’t need to worry about ‘rights’ at all until someone with a bigger stick comes along
phone auto correct for fascist
context is everything. you: i can imagine a utopian society that does not need tax. you: lives in fantasy land.
you cast yourself as the noble one against mass theft! all you really care about is yourself.
i grew out of your libertarian idiocy like 25 years ago. it's embarrassing if you're anywhere past 13 or 14.
and yet, the roads are crumbling by the day, the kids are performing lower by the year in public education, and hundreds of thousands of people are bombed back into the stone age by the year. the money is going everywhere except where it is supposed to go. have you even bothered to look at the out come of the ny, la, and chicago public school systems? if they weren't so thismal, it would be a fucking joke...
yeah taxes are not the problem. it's like a membership fee to live in my country. the way they are used inefficiently is.
every driven on a toll road? or do those not exist where you live? and they are not built by the govt. they're built by your county rep's buddy's contracting business for the lowest possible amount, but will exceed the monetary and time budget, to do a shitty job that will require years of maintenance by said contractors because he made a nice campaign donation. the fucking ancient romans built roads that lasted hundreds of years 2000 years ago while you still fall for your congress critters bullshit. lol muh roads!!!! 🤣
clearly, you do not own a home. you will understand when you due and the tax bill comes. lol
if you have enough money you can do whatever the fuck you’d like.
not really. fiat currencies derive value from their ability to extinguish debts (more specifically, certain kinds of debts in certain legal systems). for example, us dollar bills are "legal tender" for usd debts, meaning you can use them to extinguish usd debts like taxes, credit card balences, mortgages, auto loans, student loans, business loans, etc. for example, raising interest rates is thisinflationary in part because the ability to extinguish higher interest debt is more valuable than the ability to extinguish low(all else equal). contrary to popular belief, legal tender laws (at least in the us) do not require vendors to accept dollar bills. rather, if a vendor decides to sell you a , then you giving the vendor a . in el salvador, there are no bitcoin-denominated debts, so bitcoin does not derive value from its ability to extinguish debts like this. instead, el salvadorian prices, debts, contracts, rents, salaries, etc. remain in usd and the bitcoin law just says that vendors must accept (usd-denominated) payments through the chivo app, which automatically converts customers' bitcoin balences to usd at whatever the market rate is at the moment of payment (using a government-run btc, iiuc). this would be like the us requiring all vendors to accept bitpay payments. in fact, you can already do this in the us with crypto-backed debit cards (although there is no us law requiring vendors to accept debit cards).
the bailouts or qe?
r, a subreddit you seem to like to post in. my link is specifically the top posts of all time, which is filled with fucking horrifying shit. not a lib btw, i'm an actual leftist, one who is not a virulent misogynist and homophobe like the average patron of that subreddit.
yeah lol, dude it is fine. you do not have to be all fired up.
clearly "everyone" did not know what you meant... i was confused too. a "bitcoin legislature" almost sounds like a real thing.
did we just uncover eating lsd as the common ground?
>they want just enough government to be able to ruthlessly exploit those around them without a shred of consequence or responsibility. kind of like the ultra rich in our current system?
you charge a fee... just like any business. no need to confiscate wealth from everyone in advance
taxation is based on coercion. do you think human society cannot possibly exist without coercion?
nop, that is private people offering voluntary services in exchange for money. they don’t have obligation to do it and the rest is not paying for it at gunpoint.
there is the problem of inequality of needs, if i want a snack but i only produce engines for the boat i will not be able to exchange it for a single apple, and i wouldn’t want a thousand apples, so we use currency to solve for that.
>i just love the idea of mob rule mob rule? its just you and me, and you keep stealing from me and i do not want to take care of you. prisons are a luxury of large wealthy societies with complicated problems. i have a simple problem and extremely limited resources in your hypothetical. you willingly steal, stealing is wrong, you get punished. you keep stealing you get punished again. you keep stealing and eventually the punishment will become more permanent. your parasitic life style is not going to be easy without the state to steal from me and give to you. >vicious cycles of retribution. don't willfully engage in behavior that justifies retribution and there wont be a problem lol. you started out this hypothetical by telling me you are going to be lazy and steal from me. im not going to apologize for protecting myself from you. there is no free rider problem when you do not give people free rides. >our own hands no you do not get a say its just my hands. you are the aggressor i am the only one available to punish you in your hypothetical.
two new arguments, and both not good.
i am struggling to put into words how off topic and illogical what you are saying is. someone made a claim that "cooperative societies do not function at scale". now you ask me to provide examples of societies that have scaled without taxes? there is no relevance here. imagine if i said "countries can operate fine without slaves." before there were any countries that outlawed slavery. you would chime in with "show me an example of a slaveless country..." its just dumb. you get 0 points.
yeah, saw that you mentioned that farther down the page. you know you can edit your comment, right?
you: saying utopian is a good argument!
yeah im the selfish one for not wanting to steal from anyone. you are a corrupted mentally.
its much more embarassing to admit you were successfully indoctrinated by the state at the same age most people are and never grew out of it. but i guess defending the largest criminal enterprise known to mankind is pretty cool. its certainly safe.
enjoy your "pay ."
you’re literally making an argument for higher taxes, not lower. if you have a problem with how your taxes are spent, that’s totally valid. but that’s not an argument against taxation as a whole.
right, but everyone has a different opinion and that’s why we have elected representatives. how i would spend tax money: - free cocaine for everyone - free hookers for everyone - abortions are mandatory for anyone not able to pay taxes - military is abolished and all that funding goes to music festivals pretty sure most people would thisagree with my spending, but i thisagree with theirs. inefficiency is built into consensus based systems.
> every driven on a toll road? or do those not exist where you live? in most other countries they actually do remove the toll booths once the initial construction has been paid for. > the fucking ancient romans built roads that lasted hundreds of years 2000 years ago yeah because they did not have trucks driving on them constantly. and it almost never gets cold enough in rome for frost to crack the road. man imagine being this dumb.
you spend too much time online. yeah “muh roads”. the fact that the question “who will build the roads?” completely destroys hyper-libertarian ideology is fucking hilarious.
i live in the socialist republic of canada, so there’s only one toll road i’m aware of near where i live, which is the highest density area in the country. we recently expanded said road by about a hundred kilometres, which cost a few hundred million dollars. i don’t think comparing ancient roman “roads” and modern highways is remotely reasonable. yes, those gravel footpaths which traversed few if any waterways or significant grade changes are still around. could they support 24, with tens of thousands of pounds worth of tractor trailers every minute? shit is expensive. blaming the price on cronyism is probably only a 10% markup over the actual cost. i make a hundred k a year to lead a team of ten customer support people. there are lots of jobs out there offering way less, and i’m sure they get results in line with their spending. my teams achieve top 3% customer satisfaction scores. point being, you get what you pay for, and attributing everything to cronyism is not a fair assessment. stuff costs money.
i do own a home… personal property tax is not the same as having unrealized gains taxed. you’re paying taxes to sustain the area where you live. those taxes go to the local government. that’s probably the most valid form of taxation imaginable. you’re just a child who wants to pay no tax. i get it.
now read the tables and look at the increases in tax being talked about, also note that when tax is decreased it is a 1.3% increase in patents. 1% and 1.3% are a lot.
that's not how it works kid.
what is the issue with this? should the us not collect taxes? if that’s what you think, this has nothing to do with crypto currencies. if that’s not what you’re saying, why should we make a special exception for crypto currencies?
funny how i’ve never even done that (looking at top posts) but you have, my trans furry friend. i think the sub is interesting and haven’t seen any racial thiscussion in any thread there i’ve been in. i have no interest in any ethnic or racial issues. i care about class issues first, so don’t judge me for what others post. good day to you.
there’s nothing wrong with not being a misogynist or homophobe, but those seem to literally be the only things leftists value in others and themselves nowadays. and it’s why you all are insufferable, pseudo-outraged, incompetent wankers. you could be getting violently tortured by a rabid gang of radical feminists and the only thing going through your head before they kill you would be “*at least i wasn’t misogynist and called them c or something*” —*then your life of jacking off in a furry suit would flash before your eyes*
god i hope it wont be lol ps sorry that was a bit rude earlier
no. because fiat is the only game in town. if cryptos initially attract criminals and despots it is an issue for bringing crypto into the mainstream and it aligns itself with enemies of the people if btc and cryptos are in fact for the people.
it's not and you are just wrong
that's not what a public park is.
lmao you just described a tax
so you would prefer every road in the us to require a toll?
no, it cannot rules must be set and not everyone is going to like them.
it depends what you mean by coercion. if a government said “you don’t have to pay taxes but if you don’t, you aren’t allowed to be a citizen” is that a threat? if there is a society that is completely voluntary with no coercion, would there be laws? laws are essentially coercion through imprisonment.
can you describe how such a society would function?
so who would pay for roads then? intestates? railroads? bridges? military? schools? police? who would make make sure that people aren’t dumping toxic waste into rivers? hunting animals to extinction? logging forests into nonexistence? how would those situations fit into your government-free fantasy world?
you're gonna want a snack more than once though. as well as regular meals. so the regular availability of food whenever you're hungry is really the contribution rather than looking at each transaction individually. assuming that in this hypothetical we're living on the boat indefinitely.
ah i see. unfortunately your vision of utopia and mine just do not align. it sounds you want to create a monarchy with you at the head while i was looking for more of a vigilante justice sort of system. if only there was some way that we could compromise and co-exist! some sort of governing body that we could both pay into and establish a happy medium. alas i guess we'll just have to try and murder one another to see which system we should adopt
well that is like your opinion man.
yeah, it is very relevant, it is the entire thing actually, it is what we are talking about. you are saying a large scale society can function without taxes and apparently you can imagine one that can. imagine is the key word, it is a fantasy which would never work in the real world and there are many reasons why. one major reason is an expansive organized state with a large, well funded military would see a virtually defenseless anarchist society as easy pickings. think you could just take to the hills and wear them down? depends how ruthless they are, they could massacre entire villages in retaliation.
oh this is actually hilarious. you said that like it is a mic drop that needs no additional explanation. what are you talking about?
you: without an argument.
i live in reality, not some libertarian anarchist fantasy land. taxes with representation are not theft. it's what's necessary for society, any society. the reason we have taxes, laws and regulations is because anarchism failed. it was tried, our food was poison, our cities were choked in smog, rivers caught on fire, children went uneducated, elderly died from lack of health care. anarchism did not provide for the needs of society and if you do not care about that you are selfish.
you could take all the wealth from everyone, and the roads and bridges will still be shit, and public education will still be shit, etc. the government never allocates the money correctly and always ends up squandering it away.
well no. corruption leads to inefficiency. it might be unavoidable, but it is not built in. not liking how it is spent does not mean it is inefficient. it just means you thisagree. the government can efficiently spend money on things i do not care for. in your example funding coachella would be efficient. funding fyre wouldn't be.
i mean obviously people who want roads will just pool their money together to build and maintain the roads, it is not that complicated. and they will hire security to ensure that only people who pay for the roads can use. same with food production and neighborhood security. eventually the system might get unwieldy because there will be a lot of people pooling together to use these shared resources and there may be thisputes on the best way to use them. but that is easily solved by having some administrators who the group trusts to decide how to use the resources. and then...oh crap, we just invented a government again.
if you pay a yearly property tax on a house based on the value of said house, you are paying for unrealized gains when your tax bill increase as the value of your home increases, whether or not you sell the house. now, just for shiggles, even if i entertained the ideas of supporting property taxes, wouldn't it be more fair if your tax bill remained at the same rate based on the amount that you initially paid for your home? what happens when a developer decides to build or rebuild a subdivision around your house, causing the surrounding properties as well as yours to rise, say, 20% in a single year, thereby raising your tax bill by 20%? the walls and structure are still in the same state, as is the plumbing and electrical, but now you are paying even more to keep your home while it is saleability has stayed the same, if not decreased due to normal use. now the tax bill is too high to maintain so you are forced to sell, but despite it having a higher sale price, you will have to pay a capital gains tax on that increased amount from what you bought it for. now pretend you're a retired senior citizen living off a fixed pension or retirement account. congratulations! you have just been taxed out of the house you worked your whole life towards owning! now comes tom selleck trying to sell you the concept of the reverse mortgage so someone can seize your house the moment you die and thus all you can think to yourself is, "i'm about to die with nothing to show for or to leave my children because the fucking property taxes went up..." also, in il for example, we pay a federal, a state, a county, and a municipal tax and the fucking state is still drowning in debt and none of the bills are paid, the roads are crumbling under our feet and cps has not only some of the lowest performing students, but the dropout rate as at an all time high...
i'll take the things the tax revenue provides over a 1% increase in general patents all day and every day. but that is just me.
this just got nominated for the 'shitty-meme of the day award'.
this is the first time i've seen this meme as a video and not a photo lol
my panic selling was unable to log in to kraken to close my positions and getting liqudated instead... wouldnt let me log in for 3 hours... good times
i'm just throwing 10, does not matter where it sits. i'll ride the curves and ignore it for a few months.
is that bob odenkirk? better call sauylor
diamond hands and laser eyes, love it
if you hold it... they will come.
also fuck china banning crypto. who wants to do business with racist genocidal maniacs.
nice edit, especially the last frames.
haha the laser eyes
lmfao a lot of bitterness going on here, i remember i was 13 years old, on my computer. my boys come thru blaze it munch...we hop on the dark web. and boom bitcoin. if only i had the money then, assets now...
i hate you. take my upvote and free silver.
i'd be fine with a 420,069% increase.
so i am trying to get more familiar to the market and crypto, what does fud mean?
this is amazing, yk i saved this for when i get that free reward bc i actually lost a lot of money. hope you dont mind, saved the vid
bitcoin is a boomer?
thos is the first time i am seeing the video of this meme
well, we tried to stop some "panic sells" by going down for a few seconds.
this is a dumbass meme. thank you for that
j x i phi hit y lol lol i’m sorry
yo why you gotta be so bearish!
this was the dumbest thing i've seen all day
i pity the weak handed fools
lol when we hit 64k i was up 420%
this was terrible! haha.
gary gensler, chairman of the securities and exchange commission, said on thursday that federal financial regulators should be "ready to prosecute" bad actors in encryption and other emerging technologies.
this acting should be in hollywood by now.lolx
i was hoping it would crash farther, if it got into the 20's i was gonna go on a spending spree. mark this post, it will be over 100k by this time next year.
that is how i imagine it.
is it a dream or nightmare?
is it a good time do buy bitcoin? im novice at crypto. ik that isnt the safest route, but i got money
maybe the dumbest meme i have ever seen.
i'm sure it will go up eventually, but i cannot wait 2 years for it to happen like in the 2018 crash.
that was strange and really not funny.
of the month* award
since bitcoin existed, i would say.
i think memes are by definition shitty. low-effort comic is what they should be called
same i never thought thats what was actually said
same, what is this from??\\
sux, just buy the coin, store it in a hardware wallet or utilize cold storage from coinbase or gemeni if the idea of custody scares you. that way you wont panic sell into weakness or strength. work back to getting what you had or you will kick yourself in 10 years and be bitter. even if its only half for a quarter what you had. the value is going up so in a dollars sense you will make back what you lost and more. expensive lesson i am sorry you had to go through.
never keep coins online! unless selling them right away. i lost 5 btc that way. never again.
gosh. sounds as though i withdrew that last 0.00013 btc in the very nick of time.
wasn't it archimedes who once said... "give me a lever long enough, and a fulcrum on which to place it, and i shall ugh fucking platform now i'm broke. fuck fuck fuck."
the problem is that you never put a stop loss average joe. you greedy degenerate. to the doom bratan.
fyi, the more times you buy bitcoin the higher your fees will be when you sell. better to buy a couple large quantities than many small amounts.
i’ve been doing this by default. i changed jobs but coinbase was set up on my old work email. couldn’t get 2 factor authentication to work. been dca for about 2.5 years now without having any idea what the total balance was. finally got access like 6 weeks ago near ath. i was jumping for joy when i saw the balance. wish i never did lol. oh well i haven’t stopped my dca plan and never will
they already banned it years ago. it's an old law that the news outlets are bringing up so the corps can get crypto to crash with a reason. yall should go after reuters for spreading the old fud again
china banned and unbanned crypto a dozen times in the 2017 cycle. this is nothing new.
*the corporations of the united states, britain, france and russia have entered the chat*
like other governments, they do not want any currency to exist that they cannot manipulate.
let china ban it is what i say. hopefully they ban eating wild animals with thiseases too. 🙃
literally you. right now. using this platform 😂
china bans literally everything 10 times a year
no point in reflecting on things like this honestly. i remember watching the video of the guy purchasing 2 pizzas from dominos for 19 btc maybe a couple months after he’d posted it and thinking “meh, why do i need something that’s worth less than ?” it’s part of the reason only a few people got in early and stayed in. the people panic selling today are the same as the ones panic selling when it was below . tldr hindsight is a bitch
fear, uncertainty, doubt. ex: "bitcoin is too volatile to ever be considered for mainstream adoption. bitcoin is only used for black market crimes and illegal activities. this crash totally proves once and for all bitcoin is dead. etc, etc" examples like those have been frequently used time and time again to get people to doubt the utility of bitcoin and either keep them out of the system or get them to exit their positions. bitcoin has proven time and time again that it is here to stay.
## [**download mp4**]( ___ ^(mention `u` under a post to download reddit videos and gifs from v.redd.it, i.redd.it, youtube, imgur, twitter, gfycat, gif-vif, streamable, redgifs, giphy etc.)
satoshi was a boomer, so...
first day on the internet? welcome new friend!
i’m not sure that’s a proper expectation for crypto investing. i bought in 2017 and decided that i’ll hold till at least 2037.
why not? took 4 years for the 2013 one. sit back and enjoy the ride. you really dont want to get stuck with a bunch of dollars right now.
just use those two years to load up even more. two years to double or even tripple the amount of bitcoin you own, by the time the next bull market arrives you'll be sitting pretty :-)
of the year* i would say
this took years of advanced state of the art development and research. many lives were meh.
memes are to ideas as genes are to biology.
*buttcoin does bulgaria 2 - “when 2 many butts are barely enough”* i think.
its an add for some senior self defense course
thx guy hope the boat is ok
i lost the btc i took out of my exchange and put in a wallet, many years later, what i left on the exchange is the only stuff i still have. if you’re a banana like me, ymmv 🤷
made me laugh out loud!
oh jesus this made me lol
stop losses are for losers who are trying to sell
slippage, price dropped too fast that sls just cannot hit, i wager
stop losses do not work i crypto due to the volatility. weekly 30% swings will stop you out at a loss
actually i did have stop losses set but the dip was so dramatic that it blew past them i guess? i cant explain it but i did have stop losses set for every single position i had.
depends if you keep it in an exchange or not. i transfer coin out of coinbase to my own wallet every once in a while, keeping the coinbase balance low enough for my risk tolerance.
wait, what? could you explain this?
>fyi, the more times you buy bitcoin the higher your fees will be when you sell. why have i never heard this before lol
jeez man why would you use a work email?!
you are being downvoted for being right. i wish people would actually do a quick google search. china has not banned crypto outright. they have strict regulations, businesses and financial institutions cannot use it for transactions is the recent buzz, but individuals can still buy and mine it. this fud caused the huge dip because people keep saying “china banned it”
thank you for the response makes complete sense now!
the decade or .5 of a decade ugh .5 is my worst nightmare because that was what just happened to my portfolio 😥 but we were back today ⬆️ green candles... maybe. idk. 🐻 and bulls wrestling
o fucs das deep
so they, like, give you cancer?
about as much effort as a low-effort comic
vircurex, cryptsy, mt. gox, btc-e, quadriga, bitgrail, cryptorush plus about 100 others, take your pick.
i have never thrown out a computer or harddrive. still have my first pc from '93 and it still works but in the basement.
> i transfer coin out of coinbase to my own wallet every once in a while tip! you'll get a lower fee by first moving your coins from coinbase to coinbase pro and then transferring them to your own wallet. if i'm not mistaken, coinbase has a 1.5% fee to transfer to your own wallet, but there is no fee to transfer from coinbase to coinbase pro, and there is no coinbase fee to transfer from coinbase pro to your own wallet. even if you never use coinbase pro, it is worth setting up an account there so you can use it to eliminate transfer fees. when it comes to stacking sats, every bit helps.
utxos. one utxo = a fee unit. when you but bitcoin you have a utxo moved to your wallet, the utxo is the value of the purchase (utxos do have a size limit but when you are stacking sats you likely wont be capping a utxo). each time you purchase bitcoin = 1 utxo. when you buy 10= 1 new utxo when you buy 3000= 1 new utxo but when you sell it, you just take all the utxos and add up the value to transfer with. so if i have 100 utxos each containing 10,000$. if i transfer that 10k to someone then i am charged per utxo, not by how much the value is. because a utxo is the unit at which the computer has to validate the transaction, the more units to validate = the higher the fees. tldr : you want to minimize the amount of utxos that you have because you end up paying more based off of how many you have. edit: its late and my explanation sucks. here is a link to shinobi explaining utxos:
i know. i’m retarded
stupid government printing trillions of dollars & devaluing the currency... if only there was something immune to shitty fiscal policy...
meme of the century
this didn’t age well... 😳🥴
hrm, dang. did not realize fees were based per utxo like that. i just thought it was on the total amount. sorta hurts the who dca thing, no?
hi retarded, i'm dad.
lol your comment didn’t age well 😂😂😂😂😂
do most new people in crypto not take even a peak into it is history? mtgox is like the 9\11 of crypto. but then again i've met 20yr old who say it was fake news. oh well.
the video is a brief history of btc but does not include mtgox? shame. one of the first btc exchanges was magic the gathering online exchange, a website for buying magic cards. mtgox for short. people thought they were gonna be what coin base is now. instead, they stole all their users coins and fled jurisdiction as long as possible.
yup. i only buy my bitcoin at the end of the month personally, usually min of 800 bucks to make it worthwhile.
just to clarify - they say they were hacked and the coins stolen from them, it is people who lost their coins that say karpelès did it himself. he founded mtgox in japan, and never really left there. he ended up being arrested in japan because after the hack he falsified things to try and hide it at first (and keep operating) until withdrawals were more than deposits - at which point it was all exposed. he was sentenced to 30 months for that, but then it was suspended.
oh man, big yikes on this sentiment something about a fool and his money
> what's mtgox? ... >why would we care? are you actually trying to have a conversation or what? read
lol oh, what it is like to be young and naïve.
that comment makes it painfully clear to everyone that reads it you do not understand crypto, nor what you are buying. let me explain : ) bitcoin is “non custodial” in that *you and only you* have control of your bitcoin. it is not stored in a bank, or on an exchange. you keep the keys *offline*. somewhere safe. mtgox got hacked *big time* and killed the market for years. look it up. (please) exchanges still get hacked, and its questionable whether you are covered. some exchanges might prevent you from withdrawing. for whatever reason. you see it happening all the time. exceptions: if you own “small” amounts it may be better for you to keep on an exchange. if you are not technically confident it may be better you keep your bitcoin on an exchange.
i get that college is not for everyone but dropping out to predict charts based on astrology is the dumbest thing i've heard this morning
i mean if the astrology tells him to do dca he is not wrong.
astrology is absolut legit for chart analysis. the rate of success is about the same as it is with technical analysis. edit: just different words for guessing
with no steady income he’ll most likely make a bad trade and need to get a job eventually. as they say... 100 good trades can be undone by one bad one. best of luck to him and his astrology method...
the stars are pointing to broke and homeless.
sounds like he took the "to the moon" thing a bit too literally.
wasn't there a study where they gave a monkey a stock portfolio and let him choose stocks, and he did just as well as the top 12 advisors? just saying astrology is a load of crap but predicting the stock market is also a load of crap so maybe there is a crap-to-crap connection?
he's not the first. there's a girl in youtube that also does this. her name is maren altman.
that's the problem with bull markets, everyone starts thinking they are a genius and they have cracked the code. no matter what nonsense someone trades on they will make money in a rising market. when the bears come he will be raped though.
i hope you’re trolling… if not then good we don’t need someone like that in the medical field...
sounds like he is having break down tbh. how's his mental health seem? was he struggling?
i mean... this makes as much sense as other methods of prediction that i have seen.
this is the shit that ends up working
people believe in fundamental, some believe in chart, no shit, maybe astrology and trading has merit, for example, on full moon, some people can experience more energy and start hitting buy or sell button more than often.
sounds like he is having some kind of mental health episode. is he bipolar? maybe he found our lord and savior, crystal meth.
still, that way he will lose less money than he would on tuition fees
i would be curious to see how he fares in comparison to someone who uses technical analysis. somehow i expect similar results.
wait you guys don’t use astrology when you trade?
i also use astrology daily to guide my crypto investments. everyday for the last decade the celestial bodies told me to buy more.
this is great! he should publish crypto horoscopes for different zodiac signs 😸
tombe fair, astrology has shown similar results as ta.
today is a full moon and the market is crashing. mere coincidence?
your friend isn’t wrong. see:
i literally walked out of my masters program on my 3rd day cuz i realized i was going to be a successful trader and am now semi retired 5 years later.
this sounds like the behavior of someone who is in, or on the verge of, a mental health crisis.
the last hundred years of scientific inquiry would lead me to conclude it is your friend who is crazy. why would he need to drop out? just make a few correct "to the cent" guesses using leverage, and drop out after you have your first few million. why is he in such a hurry? forget the astrology aspect. why is he doing it now? why the hurry? is he failing classes? if he is really your friend, you'll try to stop him from this suicide mission. are you really so out of touch with reality that you cannot convince someone that astrology is fucking retarded? what are they teaching in nursing school?
well... playing devil's advocate here. there is something strange i saw... maybe it was the weed... maybe the lcd... idk... but i did see a chart that correlated with waxing and wanning of the moon's. the macro bottoms lined up with the full moons, and tops lined with the new moons. might have it backwards... but i'm thinking that is enough for me to quit my day job and go all in. 20x on shiba. who's with me?
actually take a look at the moon cycles specifically full moon. make you question what you question really quick.
maybe astronomy. full moon peaks.
he has about a good a chance as any other day trader. maybe better.
1) everyone is crazy, just different flavors 2) your friend is doing drugs and needs help.
was a full moon last night, and the market crashed today. i think he is possibly on to something.
maybe advise them to also start a youtube channel to document the journey. need to diversify and get into the content game to have a fallback plan if the market tanks. i am pretty sure loads of people would find this entertaining.
ironically he is stumbled upon the only sure bet in crypto, which is: bet against this guy.
well tbf this is just as effective as what most day traders with no formal training do.
put him on suicide watch
i’ve seen this on several accredited ta channels now that the charts follow the moon cycles. it sounds completely nuts but the charts correlate. my friend is a nurse and she says the er is full moon is the busiest.
something similar to this then i assume '
imagine if he lucks out on being part of some pump and dump. dude would declare he is a messiah the next day and then start a sex cult.
well, i quit my job to day trade myself, because i believed i could predict the movement of gamestop price charts based on tracking reddit shitposts. now, 10 months later, i am debt free, car paid off, and i make about 200 bucks a day in a couple hours, with a decent sized bag of savings. so...do not knock it till you try it.
at least he got a methodology and he isn’t just fomoing, that’s still better than some on youtube.
at least his ramen will be salted by tears.
"am i the crazy one?" yes, you're crazy for thinking you even need to ask that question.
he can complete his last year of nursing to use his income to increase capital and day trade with huge amounts in the future.
yeah, don’t lend him any money op
convince your friend that he can complete his last year of nursing to use his income to increase capital and day trade with huge amounts in the future. meanwhile he can practice with his current capital for 1-2 years, until he grows out of the astrology phase.
that kind of stuff can work, but only if you are objective about it and also not being selfish. the universe is a simulation anyway, that is why reality is better than fiction. but you have to be evolving in the right direction
mars is bright tonight…
how did his past trades go?
crazy is who crazy does.
dude sounds like a fucking genius...send me his picks.
bless him. rip chase’s friend.
lol your fren is an idiot. did he predict the bloodbath today? i highly doubt it.
to be fair, his chances of doing well in trading are probably about the same as his chances of going broke if we're purely talking about the method for making buy, assuming he follows whatever random method he is come up with without any emotional involvement. how he manages whatever amount of money that he has is far more important. people who only buy and hodl will still have to sell at bad times if they do not manage their money for day to day necessities or servicing debts etc. correctly.
whether you try to predict the charts with astrology or how many times your cat shat on your keyboard the result will always be the same "it works!" ...until it does not *proceeds to change model* "it works!" repeat.
good you are a nurse and can support him with his mental health and your sats.
everything works in a bull market. however, you have to know when to sell. ah, that’s the rub. 10% stop orders are great. using them for 60 years. missed every crash. made much 💰💰 especially axsm in 2019. went from 2-120 stopped out at . bought house in bora bora. sleeping 💤 now. llap doc
lol what do his parents say about it?
can't make this shit up, i actually do know a professional trader that uses astrology and jesuit religion in their trades. good for him, he got in early when btc was only 4 figures and everyone is a genious in a bull market but really, c'mon man.
a cat on a bingo board has out performed “professionally” managed funds so it’s hard to weigh in on this one from a finance side. from a health care standpoint probably for the best?
you’re the crazy one for thinking you’re the crazy one.
to be fair your friend had as much of a chance at predicting charts than anyone else using technical analysis or some other voodoo shit.
this problem will solve itself real quick. i wouldn’t worry about it. you, on the other hand, need to take a serious look at the people you hang out with.
more likely his grades are in the toilet, does not want to admit he is going to be kicked so he is playing the clown card. you'd be surprised what lies ppl will tell thinking they are saving face when really the bs is 10x more outrageous and embarrassing.
maybe he can. who are we to say? how about in 6 months you give us an update op?
homeless in two months.
here’s a way to potentially change his mind: there’s a website called chartgames.com that lets you test you ta skills. the present you with a chart, but don’t show you the company or the date. the goal is to use standard ta indicators to beat a buy and hold strategy. this is the game that convinced me to buy and hold vs trying to trade. i had many long runs where i was winning, then a big vertical move would eventually come and flip things around. keep in mind that this game doesn’t take taxes into account and crypto has more large swings than the stock market. he’ll probably take larger losses in crypto than he would in this game. hopefully your friend can play this for a while and learn that lesson for free. maybe you should tell him you’re better than him at ta and challenge him to a competition?
let him know watching dancing with the stars is not astrology.
this doesn’t surprise me on this thread at all. every day i think i’m going to unsubscribe but wait to see what the next day holds. people putting all their money or all their children’s money into this just looks like every other pump and dump i’ve seen throughout my long life. predicting bitcoin at all is impossible since there is literally zero transparency in who ultimately holds it or why it moves in either direction. this is utterly insane and is a perfect set up for big holders to remove wealth from small holders with no oversight. at least astrology has been practiced for thousands of years, it makes as much sense as anything else i read on this sub every day. if he wasn’t doing this he’d be joining an mlm or getting his arm broken trying to count cards in vegas. at least it’s his own money that he’s going to be losing.
you forgot the comedy tag.
i would say try to talk with him, but anyone this deep into stupidness will need stronger punch than words. it might be better to fuck up one year of school and lose some money now, than do stupid shit like this later in life, when he has way more responsibility. just do not let him fuck up his future long term if you care about him.
sounds like a mental break. i'd talk with this guy cause this is fucked if true
i needed a laugh today. thanks.
“a fool and his money are easily parted” don’t worry, someone out there will be thankful for your buddy’s $...
i can also predict moon price by the position of the moon (on moon).
following this. let us know what happens in 4 weeks please.
you know what would be funny? if they streamed their efforts . at least it would provide some entertainment to people to watch the money get burned so fast ;).
wait...i think i see it... forming in the stars... the message is unmistakeable... it's amazing, so clear... he's an idiot.
wtf is it about nurses
sounds like a bitcoiner.
it's possible he just gets lucky a few times, but i wouldn't put my money on the stars and the moon or whatever.
is he beating the market? can’t believe you didnt tell us the main piece of info
i’m willing to quit my job, if your buddy is willing to teach me his ways. please, don’t ignore me!
i assume that he cheated on his college entrance exams.
good. i wouldn't want him taking care of me in hospital anyways.
hmmm did astrology tell them that the market was gonna be down today? asking for a friend 😂
do the stars say buy and hold? it might work...
i believe the same...checking my charts...i see poverty and homelessness in their future... report back and let me know how close i was.
when moon? when the 7th moon of uranus crosses neptune.
this sounds like a ticking time bomb and really want this person to think it through before he messes up too hard.
boy did he pick a day.
this man truly is a ape= welcome to crypto
i think he took “to the moon” a bit to literal!
well i’m glad he won’t be taking care of anyone with the nursing degree with a brain like that. he should tattoo a thisclaimer on his forehead
this sounds like a great short film in the making
i feel like i learned some inside tip and at the same time i feel dumber for reading…. hmmm thanks? 😄
i hope you read this. he may be having a manic episode. you should watch him closely. does he have a history of bipolar i? or depression. is he staying up all night?
he hit the lottery and doesn’t want anyone to know. this is his cover story.
a rising tide floats all greater fools.
your friend might be developing a psychotic thisorder which generally occurs in young adulthood hth
my pee trajectory actually predicts the charts, let him pm me so i can sell it to him.
if he believes in that shit, he probably was not going to graduate anyway, so...
i have a friend like that. never gives predictions, just: see! i told you, price is now at ... and the moon is ...
his mind changed? the moon and stars must be working for him and adjusted their orbits to follow his predictions.
you cannot reason a person out of a position they didn’t reason themselves into.
that’s the kind of guy who will become a millionaire in a year. mark my words
i think your friend is having a psychotic break from the stress of school
dude ngl, maybe your friend is onto something.
if he said he could predict coin tosses heads? same thing. total bs.
he clearly took "to the moon" the wrong way
maybe he can go work for gemini
for the love of god please do not tell me you introduced this guy to options or leverage trading. ヘ（。□°）ヘ
technical analysis is whacky stuff at the best of times ,but astrology that is just worse than throwing darts at a chart . tell him he needs to watch some more you tube videos on trading at the very least. so funny though 😅 in a funny funny oh dear way .
if you have his best interests at heart you could do the following: - stay in touch with him, take some care for him if you can. - provide alternative ways of thinking without judging or belittering his views. - focus on interests besides crypto or astrology. this way you can adress his 'healthy' side. reference: mental healthcare physician
three years ago, i would have mocked this decision. but given the current state of college (increasingly useless), and the current state of the markets and monetary system (increasingly unhinged), i am literally not sure that this is an imprudent decision.
if he’s microdosing then yes. if not he’s just rolling the chicken bones. this is a joke. thank goodness he’s not taking care of people
thank god he dropped out of nursing school. that moron would have killed someone.
i worked for a billion-dollar hedge fund where the two portfolio managers believed the cycles of the moon influenced stock prices. so yeah, it’s a thing people believe.
he took "to the moon" too literally
sounds like someone we don’t want in the medical profession anyway.
i’m happy to hear that astrology person is not going to be a nurse
you both are. them for thinking astrology has anything to do with market movement. you for doubting that enough to ask the question on reddit.
the fact he reached college in the first place tells me everything i need to know about the quality of so-called education.
you’re friend should seek some sort of mental health help because often this sort of thing gets worse with age. i hope he finds his way back to reality before he induces himself in unrecoverable chaos. having pseudo based beliefs is fine if thats how people get through their day, it becomes a problem when it begins to affect career, finances, relationships, etc. the unfortunate part is that there is no shortage of enablers of this sort of thinking but it really comes down to a person wanting to feel special, unique, like they’ve got something or understands something that no one else sees, and essentially gives them a purpose, even if the purpose is based off of illegitimate presuppositions. although its just another form of terror management for the uncertainties of life, its one that is now affecting his career opportunities and personal finances that has been thisproven hundreds of years ago but ultimately might be the thing thats keeping him continuing forward. let him know you’re concerned for your reasons, but i should let you know... trying to talk rationally or logically to someone with such irrational and logically problematic beliefs is not easy and usually requires a complete breakdown of a persons identity before they actually are willing to turn around and confront their shadow. it’s like telling a devout christian that “x” isn’t real or telling a bitcoin maxi that there’s other promising projects... prepare for the resistance and best of luck op!
so fibonaci is based on ratios that exist in the known universe. snail spirals, moon to earth ratio, thistance to the sun to look the exact same size... etc... there is no fucken way these things happened by chance and evolution. that being said and waiting for tsunami of down votes... i came across someone who had a theory involving trading and sun spots... now... we can proceed to think 2 things... astrology is on the line of divination. maybe your friend can predict the future with the help of his demon overlords. if he makes money, has to be supernatural and from the dark side. if he does not make money... the devil's having a good laugh for being cut out of the deal.
folks who will no longer become his future patients may have just dodged a bullet...
i don’t want a nurse stupid enough to do this taking care of me.
well okay but what are the results? is he doing well or not? why even make a post without you saying anything about it? i've permanently quit working when i only had 200k in crypto and that went insanely well for me. you'd probably write a similarly dumb post about me if you knew me at the time.
it's probably for the best that someone with magical beliefs is no longer going to be responsible for the health of others.
is this a mental health issue? sounds a little psychotic to me wtf. 🤷🏽‍♂️
that sounds like mental illness.
your friend needs a psychiatrist more than astrology charts.
yeah he could as well interpret the anus wrinkless and would be more accurate in their predictions.
he would have made a terrible medical professional.
we do not care
well…sorry about your friend…but this is exactly the kind of person we don’t need in the medical field
astrology is the way! i have taken it a step further and will share details. 1. i try and contact aliens by shining lazers in the sky in hopes they have time travelling capabilities and will allow me to use it. stiill waiting for an answer. 2. ouija board i am trying to contact a demon in order to sell my soul for some bitcoin.
to be completely honest - the minute anyone claims they can actually make income 'day trading' (in any financial arena) without talking massive institutional volumes and insider trading being involved - they may as well use astrology to decide their trades. they have about just as much chance of staying in the green that way as much as using any other 'method'
i sometimes feel like bitcoin people are the same as libertarians. the groups attract dodgy and truly lost minds, and it is best to just give them space.
your friend most likely needs psychological treatment. i've a friend that is also very into astrology and he lost his shit (all sorts of conspiracy theories thrown in public backed by "astrological evidence", eventually had a mental breakdown), has been interned a few times, reminds me of your friend.
that's such a capricorn thing to do. tell him "you should go all in when uranus is rising." seriously, he is a freaking moron.
what do the stars and moon have anything to do with a digital asset stored on the blockchain which has nothing to do with nature. at least if it were something dependent on the ocean i'd be alright
i’m sure glad the nursing student who believes in astrology is no longer a nursing student. the scientific community has had a hard enough time the last few years. also the nursing field has enough poorly educated nurses as is. (there are amazing nurses out there, but there are some really really bad ones too that somehow seem to stick around forever.)
well... he would know.
he deserves everything that will happen to him
yikes. yeah, he’s the crazy one. not you.
at least he is got a game plan
f for his career
this is the dawning of the age of a broke ass.
if he is that dumb he is probably not college material. maybe he is done everyone a favour in the end.
honestly, astrology is as good at predicting the price of cryptos as any other method. who tf knows what prices are going to do. that being said, your friend, unfortunately, is an idiot. my condolences.
your buddy is not going to make it... sorry to say
did they predict todays action?
lol no one but satoshi knows the true day btc was created, making it quite impossible to even get an accurate read. since you need date of birth and time and location to get a viable astrological chart. flawed from inception….
my god i really hope he never gets around to treating ill and sick people. he is proper retarded
holly molly i would like to see the results. your friend is obviously the crazy one and would have the same results by rolling dices.
with those beliefs he probably wouldn't do very well at school anyways.
made my day after waking up to my entire portfolio red lmao 🤣
he’s probably referencing the moon chart floating around, i see it on krowns crypto cave. poor boy has lost his mind. i think it’s ok to lose your mind on hodl, but if you panic sell you will regret it. the price is manipulated and we are addicted to looking at the price every min. you have to be ok losing everything. have cash ready. don’t panic.
i just checked the stars. they told me his plan wouldn’t work out too well.
it's a full moon tonight, perhaps the moon will make the charts rise too
technical analysis is just astrology for men. so i say he’s fine.
college just puts you in debt and does not really teach you any valuable life skills. unless you take stem, in that case you'll just learn how to work for rich people.
well he is going to learn some lessons even though he dropped out of college then 😌
good luck. education helps 😂
the good news is he’ll probably lose just about as much money as you normally would with ta.
awhhh your friend bout high as shit thinking he’s going to predict charts based on astrology 😂😂😂 i need what your buddy smoking on cuz that shit had him make the highest decision i’ve ever heard of …
you don’t believe in him huh? typical leo
i’m going to withhold judgment until i can see his gainz
i think its bs, we will see after a year if he still day trades
i feel guilty for laughing because this friend is suffering from some kind of serious judgmental impairment.
well is it working out for him?
please keep updated this is golden.
you cant save a fool and his money
watch it fucking work too
you need money to make money. tell him to get back in school.
did he send the cutout from the back of the cereal box + .99 + shipping and handling fee to become an official member of the astrological society or he is just a phony poser?
he's crazy but people are free to make their own mistakes.
when the moons in retrograde, puts puts puts...
did he pull out yesterday? how’s this dip going for him? did he predict it?
he’s correct. after playing the casino in the sky for 60 years and done very well 💰💰💰it’s true. pick names you like. throw darts. go eeny meany mini , mo and you will do just as well as those jack ass analysts have done.
dumbest thing you can ever do... drop out of college for daytrading?... wonder what his parents said
wonder how much he’ll have to lose before he realizes that his system is about as effective as predicting the markets with tea leaves.
he's crazy, but sometimes crazy works. i guess in a few years you'll find out who was right or not.
how's that working out for him?
the only thing to do with a friend like that is to sell them astrology books, of course.
lol this is definitely not the craziest thing you’ll see in this sub. also, after he realizes his first few predictions he’ll be right back in nursing school with you.
pretty sure this guy will make better trade decisions than me…
it's all fun and games until someone strikes it rich because jupiter is in ascention on the third house of the moon. then, my horoscope predicts that all of you will buy telescopes and charts.
if he still in, i wonder if this works.
is he doing good?
yes, it is ridiculous. but how successful has he been so far?
sometimes people are just going to have to learn the hard way
op you are a shameless liar.
i thought about this too.
that’s a big yikes
would have had to slap the shit out of him if this was my mans
such a pisces thing to do
good. let him chase his dreams. he would have regretted it for life if he did not. and if he fails, he will regret it anyway. and if he is successful at it, he wins. it's a win-win-win.
did you check on him today? is he okay?
your friends become manic, they do need some mental health help. i like many others at some point in the beginning of thiscovering crypto go threw something similar. never thought myself i could predict charts threw astrology but this does sound like mania that hits a lot of people. i would suggest contacting their family physician out of concern, they can decide what the best course of action for the individual is. but yeah your friend needs some help rather quickly before they end up in the hospital or mental health unit. hope your friend ends up ok.
friends love owning leverage and tether. 🙄
he’s crazy but it just might work out.
it’s going to be hard to trade without much to invest in. that nursing degree would have gone a long way in that regard. i hope it ends working out for him, but the chances are very small. if he’s relying on astrology it’s basically gambling now.
they are paying nurses a ton now a days. like 140. you can invest and keep a regular income stream
reminds me of this quote: > think of how stupid the average person is, and realize half of them are stupider than that. also, happy cake day!
damn i bet he will make millions 😂
buy his bitcoins when he fucked up.
ahh the confucius strat *nods slowly and strokes beard*
if this is real, i'm just glad your buddy is not going to end up being a health care professional!
let’s put it this: it was a great decision. the college would have been a waste for him with ideas like he has. he saved himself decent money in tuition… although he will probably pay that tuition through his “astrology” trading…
lol someone is going to lose a lot of money.
what can go wrong? sounds like a sure thing.
what will most likely happen is he will develop a sense of market trends and floors for each coin through diligent and continual exposure and any success will be attributed to “the stars”. can’t remember why that bias is called- “causality” maybe? where one appears to be the cause but in fact isnt at all.
don’t loan him money.
school is also overrated... but it is not a smart decision to apply astrology on any financial market.
he might be lucky. or get himself a darwin award.
i have a friend who also believes that the markets are predictable using astrology. he even goes as far as buying specific amounts based on vedic numerology. 🤦🏽‍♂️
niceee! can you dm me, i want to send him 2 btc so he could make me a billionaire!!!
astrology works bro got me rich af 💰🤑💰 *not financial advice*
i think he means astronomy...coz that is science at least
maybe he knows something a thing or two about moon dynamics.
had to double check if this was r
>he is convinced that he can use astrology to predict the charts down to the cent and day with the moon. yes, astrology. i've got nothing to say. what an idiot.
i have a stock he can buy! i take as little as 8% and i act as a translator for the nigerian princes company!
he might have as much luck as the rest of us but the joke aside, you might want to warn him so that you can remind him you did when he crashes and burns and blames you.
it will be a pleasure taking his money
that s why buy and hodl is not easy but an art! dont underestimate yourself. if you can buy and hodl bitcoin, you are above average
considering there is a correlation with sunspots and stock market rallies, he may be onto something.
crazy stuff, but did him make a profit?
there’s a pretty well known tiktok chick that posts astrology fueled crypto predictions. i thought it was just a meme
did he predict today’s full moon with today’s dip?
so anyway, he’s now a millionaire…
mysticism of any kind is fucking ridiculous.
with enough all he needs is 3 good trades in a row. that actually isnt that low of probability. 3 good trades and hea set for life. people doing it every month on wsb. i wish him well.
...what are his returns like?
your buddy is in for a world of hurt. casting bones is where it is at...
if i were you, i’d check in on him from time to time to see how he’s doing. perhaps he will have some success :)
does he have a good track record of just predicting stuff using astrology in general? if he really feels like he can predict the future down to the penny and second he might aswell just go to the casino. at least he would not be taxed as much lol. day trading incurs alot of taxes especially if he is just messing around in coinbase. also if astrology can really be used like that we should have many billionaire astrology experts by now lolol.
first off astrology has very, very crude scientific basis. it was "science" at the time of its invention because the goal is for it to be a system of analysis that provides repeatable results . this gave way to astronomy, where the more repeatable results had nothing to do with a metaverse of celestial body positioning and more of a measurable locality principle. and so establishing ai weather systems and prediction are the next step in this, where the moon phase has correlation to events in the astronomy phase of this gives way to accurately modeling natural thisasters (earthquakes, pandemics, floods). the savings and loan boyz had a model that perfectly predicted the stock market but they could not predict natural thisasters. if you knew precisely when the next earthquake would destroy the world's only fleshlight factory, halting production and causing civil unrest in the streets as demand soars, you'd be very rich indeed. op's friend is a shitskull because any model could be applied to historical data to see how it performed. so op have your friend use his star charts to show performance and action between 2017-2018. any model that could predict that climb and crash and buy low and sell high would be quite valuable. best i've seen is one that reacts to daily change and even that takes losses in the short term.
or the i ging. it's based on chinese moon cycle, too, and also 60 year cycle.
is this person in their early twenties? this age range is often when serious mental illnesses manifest.
uuuh i get the feeling your friend likely has some larger personal issues they are dealing with and this is a symptom of that... maybe check in with them to see how they are doing, *in general*? could be that the stress of school and the future and current events are pushing them to thissociate from reality a little, and this new announcement is the result? your buddy might need some social reinforcement, some sort of affirmation that it is going to be ok and that his friends are there for him and watching out for him.
your friend is doing the right thing. university is not a good place for him.
i mean the difference between a millionaire and billionaire are connections and astrology, i think he’s on to something.
he's either found a good drug hookup or needs a psychiatrist
how's he doing so far? ask him for tips. his analysis cannot be any more vague than current ta.
i hope he becomes mega rich. it really would be a great end to this story. also, you could always say, "hey i introduced you to bitcoin."
star child is gonna be broke child.
i use astrology too. i am a taurus and i'm bullish a.
millionaires don’t use astrology but billionaires do
the real question is, has he been right so far?
he is a fucking moron...
for a while, i shared an apartment with a guy who worked as a contract programmer. he got onto a kick about precious metals futures and astrology. every morning, he would phone his astrologer and his broker. if the two said the same things, he would stay home and play the futures market. if they thisagreed, he would work on his programming assignments. at one point, he was up quite a bit of money. he did not say how much, but i am guessing a low five figures. he talked about starting an institute to teach astrological futures trading, and building a building. then, abruptly, he stopped talking about it altogether. i assume he lost all his money just as quickly as he made it, which is one thing that could have happened if he just flipped a coin every day.
i prefer to day trade using the southpark method. you do go through a lot of chickens, though.
it is possible those who know astrology or are learning they will tell you about this ...yes he can
astrology is as good as anything else, i guess. i just wouldve finished school to at least have a plan b
he gonna drop back in after he learns about capital gains tax
they made the right choice. better astrology on their financial charts than anyone's medical charts.
lmao did he also predict dropping out?
shit i hope it is always cloudy where he live so he does not do anything
does he put out content? can i sign up for a newsletter? he might show you up from meme profits.
seems college wasn’t a right fit either
this sounds fun. keep us posted!
as above so below, motherfuckers.
he might be onto something...
what... and i cannot stress this enough, the fuck.
there is something into it. bitcoin is halving every 4 years but it’s not due to astrology 🤣
he’s gonna fuck around and find out and it’s not your job to save him man. some people just make baaaaaaad decisions. nothing you can do about it. if you’re a real friend, don’t say i told you so when he’s struggling.
considering the shit some nurses believe, he would have fit right in even if he is better off not facilitating health care with the stars.
...the world needs ditch diggers too
your friend will be homeless by end of year, possibly committed to a mental institution as well.
he's half right... astrology is a great predictor... but there are more factors to consider. hope he has a degree in economics to pair with his cosmic readings
my dad’s cousin is an astrology financial consultant and does exactly this. he makes a lot of money and has very big companies as clients. it’s a real business.
does he need a bookie
mooncycles on equity indices work decently with proper stop losses and risk management
can he predict on acb and aqb ' i did my research and i believe these two companies have potential. they have great goals and mission which is important for me.
he will be back
its a brave strategy. will you be impressed if it works tho.
ah yes modern day nostradamus
he is not the first one and probably not the last either... is he following in this guy's footsteps?
at least a third of the population thinks like this. basically their pattern recognition software is out of wack. this is how you get conspiracy thinking.
keep us posted on his picks...
naw this is definitely crazy
well does his strategy work?
you're the crazy one. he's gonna make billions. (sarcasm)
still a more sound decision then going to college
you should introduce him to wallstreetbets. he will do quite well over there.
i think you would enjoy this. disclaimer: i never read it. i do not endorse this. my take, in machine learning, they call this [over fitting]( it's when you tune outputs too closely to inputs. it creates models that test very well, but performance decays rapidly. if you fit a modern enough, it can look like magic. you can fit random numbers to anything you like and get very promising results very briefly
i want to meet your buddy!
as little offense possible to your buddy here, but it is probably for the best that he dropped out of nursing school. predicting bitcoin is a little less damaging than predicting doctor's orders and patient dosages.
if he is legitimately clairvoyant this could work.
i don’t know man. the older i get, the more my “why the fuck not?” levels increase. good luck to your buddy.
he'd probably do as well as a monkey smashing buttons.
if you dont know if it works or not, then you should trust and support him. why? because as we said, you dont know. if you know he is going to lose all because you know it does not work, and you know it 100%, then you should explain him why it will not work and show him proof of it. because the other option is: you tell him hes crazy and it will fail but in reality you dont know. then you cut his wings just because you believe you have the truth when in reality you dont know. :)
this is how a lot of world religions began.
hopefully astrology can teach him how to do a stop loss.
he should at least finish your schooling if he’s got one year left. rip
tell him the only astrology variable he has to predict is the bögdanof array. bömp eet.
hey, if it works, it works. once upon a time, there was an octopus that predicted outcomes for football matches
this is sad to hear, if someone belives in astrology now in the 21st century, it really speaks out about mankind living in an extra technological society were the vast mayority doesnt underatand technology.
would you be willing to find out more and share his system for research purposes
well, i suppose we can take comfort in the fact that someone would believes something so illogical would not be treating us as a nurse one day. yikes!
thought i was on wsb
when his trades start hurting ask him what uranus is telling us about the markets.
no less crazy than every other person on this sub.
let’s face it, college wasn’t going to help this fellow
did he predict today's selloff?
i bet he is the type to point out bill gates dropped out of college, while not going into the context of that decision. it's loke, nah bro, he had to pick between his wildly successful booming business and continuing his education at harvard.
my best friend makes every life decision based on astrology and numbers or something. she says the universe is giving her signs and speaks to her through this stuff.
this is a rhetorical question right?
make him trade paper for a year or two to work out the kinks, it may save his life.
> does anyone else think like this? spend 10 minutes in this sub and you will find all sorts of people saying crazy cult like shit. lots of crazies here that have a tentative hold on reality. > am i the crazy one? maybe but not within the context of this thread. > or is he? yes. anyone that seriously believes in astrology suffers from a severe case of gullibility and delusion. he might not be violently crazy but he definitely has a screw or two loose.
if it works i'm in!
poor thing. this is not going to be good
well, his tribe awaits him over at r
care to share his signals with us here? did he predict this dip today?
he’s definitely crazy. but if he gets lucky before he goes broke - it just might work.
have y’all already learned about how to spot a psychotic break
down into the blackhole of trading.
is there a possibility that your friend is bi-polar? told my fiance about this while reading your post and she was wondering.
well if he is right, pls help us get in contact with him now just in case
i wish him a soft landing.
kinda glad this guy is dropping out of nursing school with a smooth brain like the one he’s got.
we're all going to shit on his friend for using the stars but if you're 100% honest with yourself is your strategy that much better? most of us are dreamers and novice optimistic futurists.
works just as well as ta, 20% of the times it is correct 100% of the times. wish him all the best from all of us
more money for the rest of us. ;->
astrology is more of a guideline for moods and shit, but taking it that seriously is asking for trouble.
sounds like he was not going to pass any of his classes anyways lol
okay but wait. if enough other people are doing this, they could become coordinated enough that some of them would make money, right?
🤣🤣🤣 oled is a hellova drug
just in case, put money where he’s putting money. but no, don’t drop out 😂 he is crazy.
pumps do correlate with the full moon and there are a few big names in the cryptoworld that take it seriously. but no, taurus ascending into uranus is not something you want to bet money on.
really taking the "to the moon" meme too seriously.
crypto boyfriend 🤝astrology girlfriend
with astrology he might still get closer to predicting the charts than any of us
lol this friend happen to watch cryptorus's video from yesterday...
so, can you give us a prognosis on btc price development? should we hold or sell?
this is austist even for r
you will be rich from hodling he will be poor from being a degenerate wannabe trader
how’s his portfolio doing though that’s the question ? i wouldn’t be surprised one bit if this works honestly
>does anyone else think like this? lol unfortunately.
didn’t want to go for the md, huh focker?
i quit my paramedic studies halfway through mainly due to coming to realize how corrupt the medical field is. but i have to admit pulling the trigger would have been much harder if i could not have fallen back on crypto to secure some income while i started a consulting business. but this is best not done using astrology, or at least that is my bias since i know next to nothing of astrology. it is probably on par with technical analysis.
maybe he’s thinking it’s like the farmers almanac.
watch the guy succeed.
i think college was not for him anyway.
he's fucking nuts, he belongs here
he probably has a 50 percent chance of knowing whether it will go up or down. that's still better than my track record.
i’ll predict the next market crash with gyromancy
check out gann - the most successful trader ever lived. he used astrology.
this is nothing new. in bull markets a lot of people think this. everyone is a genius in a bull market. nothing more than day trading of the 1990s.
time to make new friends.
thank god he does not predict the health status of his patients using astrology.
steve jobs and bill gates dropped out. i'm positive your friend will be fine (as long as he is as talented, hardworking, and visionary as those two).
you talking about the moon phases? cause for some odd reason, they have a ridiculously high hit rate.
tell him to read karl popper
just as sound as most other prediction methods. keep us updated.
sounds like your buddy has lost his marbles. those 2 things aren’t even related at all. i would’ve at least finished nursing school first lol.
i work in a chinese metaphysic company (think of it like the chinese version of astrology) and even our consultants and master does not do that.
in a way ta is another form of astrology
please send updates, that is all i ask
well in a bullrun you can pick whatever crypto you want and it will probably go up. i think his belief in astrology will die as soon as the bear market hits.
iv actually seen a full moon cycle that seems to align with the pumps, very strange.
how did they even get in to college? 😂
imagine he was right lol
guys, you should check corelation between btc price and moon phases. crazy stuff!
"millionaires do not need astrologers, but billionaires do" - jp morgan this has actually been a thing for a long time. i believe in it but it definitely requires a full time commitment.
as someone who’s experienced it, it honestly sounds like he could be psychotic.
let's be honest, if he believes in astrology he was not really college material anyway.
there was a guy in the 80s that swore this is real and made predictions based on it... arch crawford is his name. don't know if he is still around but i'm sure there is plenty on him if you google him.
the stars have told me we are in a full bull cycle. every system, no matter how dumb, will look like genius, at least until jan 2018, part 2
i think it is the right choice for him. imagine if he was using astrology to predict client outcomes instead of medical science? he's on the right path for himself and for society. and hey, just because he might be wrong about predictions, does not mean he cannot get lucky. just look at poker. or the stock market.
doesn’t he know that method only works with a sacrifice to the sun gods?
that takes moon farming to a whole new level
lmao just like the people that think the day they were born effects how they act, its all mental illness
hes going to crash and burn and all you can do is say i tolda so
astrology... hmmmmm... have you ever asked your buddy to name an astrologer that won a lottery anywhere??
from the sounds of it, he is the kind of guy who's going to have a hard life regardless of whichever path he picks. if it had not been this decision that wrecked him, it would doubtlessly have been another.
i am learning vedic astrology. it is very interesting. but there are more exceptions to the rules. no one can predict anything 100%. he is making a huge mistake. convince him to go back to school.
you should tell him that hindus name their children based on astrological readings. not sure if that will increase the madness or deter it.
if that is the case, he was smart to drop out of college because he wouldn't have lasted.
the problem here is that china uses zodiac so i do not think astrology could have predicted today's dip.
i mean, astrology is just as legit as the ta i see around here.
hes gonna make it
side hustle day trading until it pays you more than your day job and consistently. im not sure about the astrology part😂
tell him about the moon themed shit coins.
the stars telling me... your friend will have lots of time to look at the sky at night... unless his cardboard house has a window in the roof
this post is bs karma farming.
moon phases and shit 😂 how’s it been going? surely he practised it before quitting school!
if you want to be spiteful, record them and use that later to point out that astrology does not work. if they talk about taking a loan to yolo-swag, try to stop them. never trade more than you can afford to lose...
these are the kind of big brain moves i would make when i was in my early 20's with untreated bipolar thisorder. he might also just be stupid, who knows.
a true visionary. he’ll be a mod on the sub here soon i bet
so did your friend make millions shorting the market last night? nope... cuz no one saw that coming!
lmfaoooo!!! ayo tell him to put on a red nose and go work for a circus, he’ll get hired on the spot. 🤡🤣
how is he doing ? i mean did he actually predict any of the markets?
where did he get the idea from? there’s lots of direct response con artists who sell this kind of stuff online. he might have fallen into their trap
depending on astrology or any mysticism basically says that the person's prefrontal cortex is thin.
maybe it’s a good thing this person won’t be a nurse 🤷‍♀️
sometimes it is expensive to find out that you're not that bright
i mean is it working?
scorpio here. this is bullshit.
look bro, i now this would sound crazy but in fact in the dow theory he uses the "moon cycles" in futures markets to predict how commodities will behave, this is not that crazy tho.
if they’re a scorpio, virgo, cancer, pisces or sag this is definitely very stupid and not going to work. if they’re any other sign i’m sure they’ll be fine. 🤑
well on the plus side, i wouldn’t want someone that dumb working in the medical field
well, astrology is about as useful as all the 'experts' here. y'all are gambling. be it crypto or the stock market.
he probably was not going to do much with the college degree anyway, if he even managed to get it.
it works until it doesnt
midnight last night was a full moon... how can one objectively argue that one
now that is a good career choice. in 1984 i dropped out of programming (computer programming) to work on a carnival.
might as well at this point.
lots of people got in around christmas. been fun, long as you can stand the ups and downs
he's gonna have a bad time when the bear market comes. yeah, you can make money shorting, but who really wants to be short when bitcoin decides it wants to pump again? people always think they can beat the market when times are good.
it’s good that they dropped out of nursing school. i don’t want to share my profession with someone that stupid.
today’s market drop should scare the shit out of him.
not trying to downplay astrology or how the phases of the moon affect people and other phenomena, but i see absolutely no correlation between the value of bitcoin and the position of the astrological bodies.
this guy is going to the moon
you have to convince him to join this sub post his analysis. who knows maybe we are the stupid once
its still not the worst ta i've seen
college for him would be a waste of time if he uses the big dipper to predict btc movements.
the stars are predicting that he will lose his money
i do not see how this is that different from what others call ta
my favorite part about astrology is that people choose to box themselves inside these boxes that other smart people could very well use to leverage their decisions. all the to your friend if they find a formulaic way to hustle lesser people who believe they fall inside of one of twelve buckets.
i knew today would be bloody since venus was inside gemini in the morning...
fuck. did we just top?
that’s ridiculous! everybody knows that auguries are the only rational way to predict the market.
i guess this answers the question of "did someone go homeless because they are crazy or are they crazy because they are homeless?"
this is the work of maren, i know it.
that’s some qanon level of dumbfuckery right there.
he is free to fuck up his life
unless the stars said sell sell sell to him on friday, you might just see him in class again next week! btw if the stars did say that, can i have his number!!
title sounds cool proof, why you hating?
oh boy. i just checked my astrology chart, and your friend is fucked.
only the time will tell if he did the right decision or no lol
if he have a year or two of savings then sure, just leave him be, if not he is going to have a very bad time.
if someone is that stupid und believes in astrology so much, i'm glad he is not in a medical profession.
how old are you guys? this sounds like the onset of some mental health thisorders. obviously i wouldnt be able to tell just from your post but you might listen closely to things he says in future and how realistic they are.
next time you talk to him, ask him to name all the millionaire or billionaire astrologers that also predicted the stock market to their benefit. fucking guy, man.
if enough people do it with exactly his input and methods it will actually start working you know...
either he is right and will make a ton, until someone else is able to do the same thing and trade against him, or he is wrong and will shortly go broke. in general any mechanical prediction system will fail because as soon as a 2nd person uses the same strategy, you now have to take into account their actions as well as the astrology aspect. this reduces down to the entire exercise being reactions to other people's actions and the astrology being entirely irrelevant.
i mean … has he been right? any proof of concept?
those few of us interested in anthropology are smiling at this post. i do not use astrology myself but you can bet your bottom dollar that its more prevalent amongst the rich and wall street than the average joe. maybe its just for fun or maybe there is actually something in it, who knows(i personally doubt it - at least trading wise...).
the funny thing is it could actually work because the price with literally only go up or down so each trade he is either right or wrong. of course it will have absolutely nothing to do with dead stars on the sky but pure luck.
he's only dumb if it does not work. if it works, looks like we are the dumb ones.
a gorilla was i believe the top 5 day trader in the world at one point, just saying
probably a good thing. no one wants a nurse respnsible for keeping them alive to also believe in that shit
willy woo just tweeted that bitcoin spikes with the full moon cycle… so at this point idk what to believe
you know, maybe college just isn’t for everyone.
bro thats the dumbest shit i ever heard. astronomy is not even a real science. i use a 1994 king james bible, throw it in the air, rip out the page it lands on, eat it with peanut butter and check the astrology charts for btc to moon and it is let me down 100% of the time your friend just dumb.
isn’t that what ta is all about ?
i’ve been making millions on astrology.
to each their own. so what if everyone thinks it is crazy? tell him what you think, and then give him your full support. when it flops, commend him for trying. schools will always want the money so he can do that whenever.
don't sit here and act like your friend has not ever done anything weird like this before... come on, spill the beans.
one time i knew someone that leave last year of med school for professional poker. maybe is just an excuse to leave.
well it looks like he’s already down 20%
live and let live. wish him well and keep doing you.
take comfort in the fact that he probably would not do any worse than the average trader.
it's only crazy if it does not work. but yes, your friend sounds a little loony. an education is still valuable.
well that is silly.
although the movement and position of matter does determine many. finding some logic in it by watching the moon is probably not going to work out. perhaps dropping out of school will help him out in the long run with not having too much student-debt. whenever in the future he finds his tribe of people that also like to look at the moon for logic, he will be fine without finished education. so obviously his actions sound like a very wrong thing, but maybe in his world it will all work out.
didn't they basically demonstrate that a monkey throwing darts was more reliable than actual traders?
the real question is has your friend been making money? astrology was used for hundreds of years by elites because they thought they gained insights on the nature of the universe. if it works great. if the person loses money their an idiot.
technical analysis and astrology are pretty much the same thing. maybe he just finally found his people? i am happy for him.
sounds legit. i just checked mine. **jupiter square uranus:** a "bolt out of the blue" lucky chance or change in fortune, a sudden opportunity that significantly changes your life. **jupiter square ascendant:** a seemingly "lucky" chance through a friend or associate. but it is not luck so much as the fact that you are very sharply on the lookout for opportunities that can benefit you. **uranus square moon:** others may think you are "crazy" (not clinically insane, of course), because of your actions at this time. but this is only a temporary period of instability, during which you will come to a new understanding of your emotional needs. **jupiter opposition jupiter:** with a little care and restraint, you can convert this into an excellent time that will produce considerable good, especially in financial matters. this influence can make you either extremely extravagant or extremely successful in such matters, depending upon your natural bent. *(that last one is for february 10-18th 2022... market peak?)* **jupiter opposition mars:** this is an extremely exuberant influence, which inclines you to do everything in a big way. your energy level is high, and you are ambitious in everything that you do. be careful not to act recklessly. discipline and restraint are necessary. do not overestimate your abilities, either to yourself or to others. it is especially important not to kid yourself about your abilities, however, because you will genuinely try to do the impossible. the feeling of omnipotence that this influence confers is not real, at least not to the extent that you feel it. avoid acting upon impulse. it could get you into needless trouble. the difference between courage and foolhardiness is simple self-knowledge, which you must have in order to make this influence work out positively. if you are cool and collected in what you do, this can be a time of considerable triumph as you overcome obstacles and accomplish deeds that you usually would feel incapable of. but this will happen only if you keep your head. *(feb. 17-25th 2022... market crash?)*
enjoy man nursing is great for trading i work friday saturday and sunday as a travel nurse and trade m-r. perfect career for someone interested in the markets!!!
make sure you don’t lend him any money and he doesn’t have a key to your place.
holly crap… let’s hope the stars align then 😂
how does somebody get the money to invest in the market with that kind of mindset
this is classic r. love it
i too can predict. bitcoin will go up since jupiter and saturn and close.
i am sure this will work out for him
crazy is going to college because you are told 'this is the way'. at least he found his own way.
it’s all fun and games until he actually makes a fortune on it
you can’t predict crypto no one can predict sometime that is evolving daily
those investing billions, are doing so because they are not jumping in and out of trades. however, it is possible to make money in something like this if you understand the markets, after a few years and bear. you also need to have enough saved to weather storms and avoid "doubling down". good luck to them.
honestly no different than technical analysis.
my buddy did the same with stocks! had one more year left and dropped out, sold his truck, and moved into section 8 housing (lack of income as he is a vet using his benefits). just amazed. hope it works out but wow.
hopefully he learns his lesson after he fails spectacularly for a few months
kind of like thinking that whispering into your hands can help grandma get better.
i’ve thought about quitting teaching. i’m 10 years in and enjoy the job, but the opportunity to focus on analysis and maybe help the world out with my wins motivates me to see this path through. i’m waiting till i quadruple my portfolio or my son graduates high school since he has one year left and we attend the same campus. i know it sounds crazy, but i believe in myself. i’m about 25% or 8k down ytd. it isn’t a stress just a reality and yet i’m more confident than ever. please call me out in my shit. been trading for about a year.
next big thing: paul the octopus predicts the market.
you do not know what's going to happen, but yet you have a pretty rough idea how bad this will turn. if you feel like a close friend i recommend offering him a bit of clarity. btw it is scientifically established that if you do not know about astrology, astrology cannot explain any of your personality traits. very very very likely to be a 3000 years old pile of bollocks.
please keep updating this thread lol i want to hear if it works
i’m an financial astrologer. i have studied the astrology of bitcoin intensely. it is a full time job on its own. it involves many technics not just the transits. it’s so easy to get it wrong using only 1 even 2 or 3 technics rather than all 6. many kids i hear from only look at the real time transits. it is not enough to get it right. no one should drop their job or college course because they think they get it. it takes load of experience. one real time transit may work like magic one day simply because no other force was influencing the whole chart. the same exact transit could end up doing nothing just because another force was at play at the exact same time.
i think your buddy is better off not going to college if he does not understand basic science.
astrology is real, similar like cursing others using magic, spells, etc... those who knows religion would know this. those who don’t will call it non sense. we have been told and warned about this through religion. so no big surprise. however it is forbidden do your own research
how is he buying coins if he has no job?
thats a yikes. sometimes you have to just let people fail.
astrology is telling me to buy bitcoin whenever i have money i don’t need to touch for 5 plus year. mercuries in retrograde or whatever.
i dropped out of life to do day trading because i thought i could turn yahoo financials into tea leaves lost everything now im older and wiser and think ive got this crypto thing reduced down to decifering the tea leaves...why is it always tea leaves i bet unicorn farts and rainbow hott tittie squeezes would be better at predictions
well the good news is that this moron is not going to be giving people healthcare advice as a nurse.
he'll learn when he blows out his whole account
financial astrology is a legit practice. i am an astrologer but i have not specialized in it. however i am following knowledgeable financial astrologers and their accuracy is extraordinary. it has helped my own investments immensely. it takes both knowledge of the world economics and deep astrological expertise. it's a highly complex study with amazing predictive skills, not only financially but geopolitically. i cannot say about your friend and his background but it sounds too risky. mundane and financial astrology takes years of learning and practice and not everyone can be good at it, as it is in any other profession.
wtf is this post
as long as he is not leveraging... good luck buddy.
but have ya'll seen the btc chart with moon overlays?
as long as he just buys and doesn’t sell he’s golden
how was his first monday ? vhahahaha
i bet he uses gemini lol
proof is in the pudding. if he am not showing you the proof then he is full of it.
let me predict how this ends...
tell him there is more money to make predicting the lottery numbers.
not everybody is a winner in this world. sorry about your friend but he is gone. logic does not fucking matter to him so do not even try
don’t drop up of nursing school
how did he even make it into college? isn't there still an sat test?
can i get his twitter handle. i want to dm him to ask for btc info.
turn this on its head. if something as nonsense as astrology seems to match movements, then maybe noone should pretend they can predict or forecast it at all, and move onto more predictable investments.
well, jp morgan is reported to have once said "millionaires do not use astrology, billionaires do," and he did not do half bad...
omg that is why the dips happen when retrogrades do!!! whata genius!
guarantee he has a multi million dollar wallet he has been hiding for years and this is his excuse to come out of hiding .
better tell him about fibicharts.
your fiend is a dumbass, sorry. he messages you at 4am telling you he told you so but what about all the other times he is wrong that you never heard of? sounds like he is making up excuses for addiction
about as effective as any other method
he really took going to the moon literally, huh?
it's better he does this than become a nurse and become responsible for people's health
just wait for him to comeback at you crying.
does he do lots of drugs or should i just assume that?
i predict his stonks will moooon!
is he specifically playing in the farming industry? because he may be on to something, a very old something.
i really really want to know his algo.
he needs a cat to properly predict trends
how’d he do today lol
sounds like your astrology trader friend is also a big fan of wacky tabacky…
he isn’t dropping out. he’s joining the school of hard knocks.
sounds like college would have been wasted on him anyway. he’ll end up working a shit job here and there until he eventually finds a way to get on thisability.
he sounds cool as hell.
he's jerking off to maren too much.
when i come across posts like these, really makes you think how dumb people are.
...the elite use astrology.
yeah. the stars did not align today. lol
honestly probably better than nursing. too many cops to deal with.
this cannot be real. take a look at this. that's it. the world is going to burn.
that’s not the worst way to day trade. like it’s not good. but i’m sure there exists a worse way.
at least there is no chance of him being my nurse ever
"ding ding ding" he would indeed be correct. most all coins in the market and ritual and manipulated just like sports, celebrities, the calendar, and world events. wake duh pho up people. poke! just look into the holy catholic church and the jesuits. i recommend checking out "waters above crypto" on youtube and "gematria effect news 22" i've never been richer.
this is one of those situations where the ends do justify the means. your friend may get really lucky and make some money. to him, everything worked as planned even though it was pure dumb luck.
your friend will certainly gain some invaluable learning experience no school can ever teach
everyone thinks they are a crypto genius in a bull market.
tell your friend he is so full of shit that his eyes are brown!
we do moon during the new moon... that's all i know.
so i dropped out of college to daytrade because i believed i could predict the charts. end of sentence. also, that was 6 years ago. still at it today, so it turned out i was right. which is rare. 90% of people do not make money. it can happen - just not fuckin using that bullshit that is forsure. precisely zero of the actually profitable traders i know use moon phases or all that stuff. at the end of the day your friend is gambling, like any trader is. but instead of trying to foster actual skills that the successful people tend to have, it is just straight gambling. it is what it is.
still a better investment than college!!!
was he also training to be a nurse? seems like we dodged a bullet there
if he’s right all the time he should have major profits. just ask for proof.
latest youtube vid, how to change your trading account ? lost 15000, and i failed to charge up my crystals of jupiter astrolube.
astrology or numerology? one is a joke and the other is practical, i think. maybe you misheard him?
your friend is about to become a cancer to their finances.
shoot me his info
as long as he is playing only with his money its fine. still better than buying drugs.
i thought you mean "technical analysis"...but he literately uses astrology?! i'm not sure if you are trolling or what.
sounds like a manic episode. is he doing any substances?
i think this is the stupidest idea i've ever heard, but i'm willing to bet you could start a company that offers this as a service and make a bunch of money
trading crypto? use astrology? bah, yeah he has as much chance as anyone else using other techniques. ...not financial advice.
in a bull market you can predict based on how many cats you see on the street. everyone's a genius
some people don’t want to be saved…
hint: he is failing and using bitcoin as an excuse
bro ask if your friend is on meth. wtf?
he seems like such a scorpio
fuck yeah! oh, wait... this is not r
totally possible if you are a good astrologer.
he’s been making 10 dollars a week for 5 weeks and is ready to bet it all on his first loss. he will then curse the moon and complain about “mercury in retrograde”. this monster you have created will come back to kill you, then we can all bathe in some form of irony that has yet to be thiscovered.
sounds like college probably was not a good place for him.
well, he’s not alone. i follow this account on twitter - she trades crypto professionally and she is an astrologist. some serious crypto folks follow her.
tell him if hes still gonna use astrology after his life goes to sh\*t
this just proves college makes you stupider
could be bipolar and in a manic phase.
tell him to look up henry weingarten. i came across him during a pitch or something few years ago and the name has stuck with me because i couldn’t believe someone invested based on astrology.
yes this is a thing. rbs published equity research around it over a decade ago. £1000 in s&p 1928 = 60k in 2010 1.5m selling full moon. markets are insane
we can all collectively breath a sigh of relief that this guy would not be responsible for anyone's medical care at least.
sometimes in life its a good idea to not be friends with someone. just imagine the shit this guy is going to expose you to over the coming decades. get out while you can.
but what if he is right?
haha there is a girl youtuber that mixes the two.
do the exact opposite of whats hes doing and you'll be alright
bro your friend is following this acc on twitter of a girl that does exactly this and so far she fuckin nailed it every time
i mean, back testing is back testing... usually it looks a lot better than it actually would have been... now, forward testing... thats a pain in the ass and usually where the strat falls apart... source: i have been developing crypto trading algos for about 4 months... i have gone from positive 280% to negative 72%... i could always tweak a strat to be positive in back testing, but results in forward testing have been all over the place...
"millionaires dont need astrologers, billionaires do" -jp morgan
can i have his email? need to get this info.
this will not end well
sorry but your friend is dumb.
bitcoin peaks have been following the full moon schedule, no bs
let's face it, your friend was not going to make it in college anyway.
there seems to be alot of people focused on the potentially negative outcomes than the potentially positive ones... i'm not sure how many people in here benefit from this person financially, but if they want to learn outside of the box of normal, wether they succeed or not, who truly has the right to judge... failure plays a major role in success... i pray that your friend is immensely successful with they are endeavor and that god shines light on them and keeps them in his favor. one of the hard lessons the process of change and success has taught me is that not everyone is supposed to go with you, and sometimes a person appears to be a friend when in reality they were just an over opinionated spectator. it hurts to find yourself alone amongst "friends".
looks like pluto is rising in uranus, sell btc
state-of-the-art next gen technical analysis
fuck i know this sounds stupid but it’s not astrology lmao, so i believe the whales plan moves using the moon to communicate together like as a calendar, new moon are peaks, full moons every one sells and drops the price. like today, full moon huge dip, oct. 6 new moon, we’ll see but if there’s a huge spike that day, ima believe it
[as good as any strategy ](
he's definitely the crazy one but also good luck to him.
how did he get into college in the first place? i'm curious about what his major was.
shit i wish i had this much confidence in anything.
astrology is all bullshit. hah, check me out - classic skeptical scorpio...
he's about to get royally fucked, all markets are on the edge of thisaster and crypto dumps are only going to get more common for a bit
he need to see a doctor dude. soon it could be your fault it not working anymore
unless your friend has always been like this he is having a manic episode and is going to crash hard…i think major depression and possible suicide might come out of this. everyone making jokes has no idea how fucked this guy is going to be mentally pretty soon when his manic high wears down and he has lost everything. your friend isn’t dumb this situation tells me nothing about his intelligence, he may be a very logical person who is succumbing to the effects of mental illness.
i hope he can because it’s time for astrology to come back. with the plague and the rebellions.
why is that still your friend?
to be honest, he is no crazier than any other day trader. whether it is a fancy algorithm or just tossing a coin, all they are doing is *guessing*. and in a rising market, random selection (or astrology) can be surprisingly effective at eliminating personal biases. as long as you're reasonably lucky, anyway! (today, nobody was lucky).
he may be on to something...
sounds like stress induced fixation, definitely not healthy thinking and behavior
good thing he dropped out of nursing school before he did therapies based on the tides.
today must be the big dipper effect
well... in my life this is where i say "let him." he is either going to succeed or fail. 50, and that is decent odds. he'll have life lessons to learn either way.
9 times out of 10. is he was really successful with this method he probably wouldn’t “ boast “ about it.
i wonder if it has anything to do with this tweet from yesterday?
your friend is struggling with mental illness.
i predict he will go broke.
sometimes i think i'd be a better trader if i flipped a coin or used tarot cards so you never know
your friend is going broke.
pynk. crypto that rewards you based on predictions.
it’s easy to do well in the stock market when everything is going up. how well will he predict the next crash & aftermath will tell the story
does he do good?
college may have been a stretch to begin with
yall laughin but this guy is already chosing a color on his lambo xdd
he belongs in wall street bets
my first guess, he is an it guy, from one of the asian countries like india, where they depend on astrology for everything. my second guess, he was too young when the it bubble & re bubble burst and may have never seen a down market. my third guess, markets are so ripe for so long, they are ready to take a nose dive in the end, wtf? let him give his best shot, without losing his shirt. that’s the key. if he hits it big, great!! if not, he can always go back to college, cause he is young and can recover. he will also learn life’s most valuable lessons crypto - modern day gold rush. few people made it big back then, and many lost everything.
dumb strategies can still succeed in bull markets. if we're entering bear territory he is gonna have a really bad time. trading strategies usually do not take 8 hours a day to implement. often can be done in ~30 mins. astrology cannot tell shit about intraday swings even if you believe in it, how is he actually spending his time? if he is staring at charts for >4 hours a day, he probably needs therapy - this is an unhealthy and unproductive addiction. ask friend what his exit plan is if the strategy stops working. what's his point where he will stop trading, go back to hodling, and get a real job? if he does not have a set point, he is headed towards losing his whole stack and becoming deeply depressed. if you care about him, make sure he has a plan to know when to stop, because thinking jupiter's alignment affects crypto prices if frankly dumb as fuck.
this is hilarious. astrology trading is basically maximum confirmation bias.
it’s people like this that do well in life.
friend probably wasnt going to far anyways...
is this sudden? maybe manic bipolar. sounds like the type of thing that could happen in a severe case
shit like this is why i’m not going to college, how the fuck does someone that believes charts can be predicted by astrology get into a school.
don't waste your time on these things, i bet it is more precious that this
net is, he doesn’t want to be a nurse.
start a youtube channel
your friend is not gonna make it. save him.
astrology vs ta is tomato vs tomatoe
his goals are beyond your understanding; and mine.
buy the big dipper
my astrology prediction is that btc may go up or down
the separation between astrology and ta isn’t that significant, so maybe he’ll get lucky 🤷‍♂️
i use the tried and true method of tarot cards for all my stock market choices. always some weirdo gotta use astrology
i read some post on here or r.
if my poop floats, bull. if my poop sinks, bear.
get him a prime time slot on cnbc.
it's definitely possible that we're all mad here... but from where i stand, your friend is much, much crazier!
well big brainers, i've looked at the stars and concluded zodiac day trader goes busto. the stars do not lie.
to each their own. he is going to do what ever he is regardless of anyone’s opinion. do what you do and let it go. the market is a gamble.
w.d gann . price & time. not so much astrology but he did use it for the time action. michael s. jenkins is one of the better translations of his work, he uses angles and planetary movements for his charts. if you have done any trading, you will see price will often stick to a trend line for an extended period of time and go up and down on that line. drops might go down to support areas where more magic lines are, or fib support levels or a combination of both. if you have good charting software you will also see trends with angles being extremely similar nearly always identical.
my wife is a travel nurse and she’s making .
bitcoin is a capricorn
tell your friend to talk to a professional about the possibility of schizophrenia
please get him psychiatric help before he blows his entire life savings on delusions. astrology is for fun haha horoscope entertainment for five minutes at a carnival or newspaper, nothing more.
“how’d you go broke dude?” “slowly at first, then quickly.”
by chance is he taking prescription bitocin?
and astrology loving day trader…. i’m glad he didn’t become a nurse .
never go full retard.
actually if you'd bought and sold with the moon you'd have outperformed market as shown by backtesting.
bitcoin is a capricorn yes?
good luck to your friend ❤️❤️❤️
astrology is bullshit, period. so doing anything based on astrology, definitely dumb.
>edit 3: breaking 7:39pm ct. his latest call is that right now here. is the bottom of the btc correction from today. current price now : ,784. around march or april is when the next bear market will be >edit 4: just now he changed his mind, now saying that it is gonna drop again one more time between tonight and tomorrow. to 37500 or 30000. lets see astrology sure is a fickle science
personally never talk to anyone about crypto or stocks, because i do not know how they might end up if they got in themselves. even if you say it is their money and their responsibility, i would still feel guilty. maybe it is just me.
does he predict his own day? noo ryt? noo ryt?
sounds like a manic episode to me. delusions of inside knowledge of the world. and constantly talking about it
a broken clock is still accurate twice a day. i doubt your friend has cracked the code.
"millionaires do not use astrology, billionaires do." j.p. morgan
i’m assuming since the op mentioned college that your friend is under 30. that’s the best time to do dumb shit because there’s plenty of time to right your ship (unless you die young for some reason). my dad called this dumb shit an “opportunity for personal growth”. just my opinion. i’m old and i’ve seen a few things. yes this sounds like dumb shit to quit school over especially if someone is close to finishing. it’s not the dumbest thing i’ve ever heard however. sometimes people just go crazy for no reason.
most astrologers in india live under a bridge or in a tent. my astrology skills predict that your friend will take up residence one of seattle's or sanfrancisco's public parks.
glad he dropped out of nursing school, can’t have him “charting” patients with astrology.
he is stupid and you too for even asking if he is the crazy one or you lol
if you are a good friend please be blunt and save him
you should turn him on to trading options, that will get him back in school quicker.
tell him to give me a tab of lsd too
maren started all this lol
reminds me of my younger cousins. i’m going to be a video game designer. never mind, i’m going to be a car designer, naw i’m going to be a music producer. this person is in for a world of hurt. would hate to see debt levels….
this dude is probably going to make millions because fuck us all
this was a good laugh
i know a very good astrologer who regularly gives advice on people's investments. he cannot necessarily predict the price of bitcoin but he can tell you a timeline of if it is good or bad to buy or sell. there is logic to it and astrology is essentially really complex math. i believe it is fully possible but it is not as easy as palm reading or tarot card reading. you need to look at the specific chart of the coin based on when it was created and the day you're thinking of trading and the chart of the person doing the investing. this guy also has a waiting list of like 6 months to get a reading with him so good luck. i do not really want it out him on reddit in case a bunch of crazy people start harassing him. he has also used astrology to locate missing items it is pretty crazy the things you can use astrology for. most people just want to know if they are going to be rich or famous but you can use it to tell a lot about life. but you probably need to be studying astrology for decades more than you've researched bitcoin to be any good at it. and learn to read sanskrit so you can use the source text that give you this information. it's not something you can pick up on a few youtube videos. but i 100% believe it is possible.
i needed this laugh.
would make for a great tv episode or something. for seinfeld, or 3rd rock from the sun.
this is easy to asses. is your friend rich? if not, he is full of bs. don’t get financial advise from the poor.
a lot of people would want to know what he is predicting and if it is working. i want to know how he is using astrology to figure this stuff out? what text book(s) of astrology is he using? what are the "signs" that he sees? in short, i'd like the resources and the formulas and methodology. thank you.
he might want to sound like he knows what he is doing but it is pretty stupid to me, i have known a few people that quit their job to trade an they also said they know how to read the market. i also asked many tines to see or get their next more, long story short everyone of them are back working an 2 are living with their parents
correlation is not causation. it's currently a nice coincidence...until it is not.
can i take his money off his hands? it’ll go to better use?
regardless of investing success, that being your only form of income is batshit unless you're way down the road with it and have enough to retire on 5% a year. it's just way too unpredictable , completely bipolar experience of reality
pls make a telegram group with his calls op. ill throw in a few bucks with his literal astroboy calls
what a fucking moron. someone put some sense into him as a friend
sounds like college wasn’t working for him anyways
i’m in, where do i sign up?
sounds to me like he’s just saving money on a degree that they shouldn’t really get. “yes i am degree qualified. but where i could really benefit your business is i can help you future proof it. using astrology, well take this place to the next level!”
a now is not he special! he's probably secretly losing his mind right about now. the next 2 days are going to have him absolutely ready to admit to the psyche ward.
i mean there are tons of dump ppl doing ta anyways maybe this guy is much better than those
trying to reach the stars much?
i meannnnnnn he can’t be that dumb if he’s almost done with nursing school right? i think he finds astrology more fulfilling and doesn’t see the point in being a nurse anymore. many people are choosing to follow their hearts desires these days. astrology is not all fluff. it’s rooted in ancient science and technology. i wonder if he would consider majoring in physics or astronomy. either way, he may do very well if he’s truly following his heart. do keep us updated.
the brain has a way to lie to it self that it was right even though it was wrong and changed the prediction multiple times. at the end he will still believe he was right and has some weird excuses, or he will only call you when he was right and ignore the other times. but if he does not become a millionaire then it does not work.
well... now i can predict his future without one
your friend will not be the first to walk into the abyss
well it’s gonna be a hard lesson for him…
this kind of magical thinking could be bipolar thisorder. does he speak quickly and make it hard to get a word in? are there any other areas where he seems thisconnected from reality? is his mood elated? is he staying up for long hours (and not taking drugs)? i'm not saying it is bd, but you should consider the possibility.
well, let him know, wendy’s is always hiring. actually, i bet he probably does as well as all the other non-criminal degenerate gamblers working on wall street.
bet he is anti vax , too.
on bright side... i think investing money that wouldve went to college is way better then getting that college paper
psychotic break, had a buddy do the same thing based on which memes he sent to which people on facebook. thought he could predict the whole shabang. diagnosed manic bipolar 2 weeks later after family intervention. keep a close eye on them. look for poor sleep habits, substance abuse, and erratic behavior (like quitting school to predict btc values based on astrology)
is he analyzing the charts himself or following the advise of someone else? seems weird to suddenly be into crypto astrology and get it right. it would take time to learn how to do that i would assume.
this is gann trading. it's real. look up w.d. gann. he made a fortune in the late 1800's and no one believed him either.
my astrological sign is pastrami
astrology is a thiscredited pseudoscience that can only predict which people do not have a solid grasp on reality. that being said, astrology makes just about as much sense as anything when it comes to day-trading, especially crypto.
you need to find a new buddy
lmfao tell him he needs to post his findings to r’ll mod him so fast
there’s like a billion people in india who use astrology to get fucking married, lifelong commitments. so i mean your friend is stupid as fuck but a ~10% of the world is already making decisions this way so he’s not alone in being stupid
may the cosmo blest him 😆 good luck :)
remember how an ancient times they left the really dumb ones out in the woods for wolves to eat? this guy definitely would have qualified.
it sounds a little like emerging psychosis. i’m guessing he’s about the right age too…
reddit going public should be his test.
there’s a higher roi in astrological forecasting than in a colgate degree
is this the main character from “pi”?
you ask him if he eat something in all that time without a job?
does anyone else think like this? yes, loads of people. i know if people who've quite their actual, paying the mortgage jobs to become full time poker players, full time sportsbook traders, and yes, full time crypto traders. the easy buck is very enticing.
i use astrology when i think might need to poop.
tell him about wsb they welcome retards.
i daytraded btc successfully for 2-3 years full time, no other job. i still moderate r. wont do regular trading again due to risk, taxes, and stress. the thing about having a career in trading, you do not really know if you have a career in trading or not until you retire. you can be 5 years in, have 2 bad years, and lose everything. that was not a career. that was a waste of your valuable time and money. you are going to pay for this guy with your tax dollars and hard work one way or another. i'm sure he will be full of excuses when he is broke, or if he is lucky he will get rich and you will pay for the other 9 people who tried the same thing as him, lost it all, and live off of your money now. our social system incentivizes risk. but how to trade? it must be full time if you want any chance of getting an edge over the market. you create a plan based on a strategy and execute that plan day to day. your strategy should be carefully backtested and risk assessed. the strategy works until it doesnt. if you are lucky this is how you do it, but most do not have the intelligence to create a strategy that works or the willpower to execute it without becoming emotional.
yeah i’ve seen people do this, its something called moon trading. i think theres a technical indicator as well on trading view
so this is what they mean when they say crypto is astrology for men
>to 37500 or 30000. i'm waiting patiently
let's not ignore the silver lining to all of this, nursing is far better off without this dumbass.
this clown friend of yours is bonkers! ask him what a pieces would make if i (or someone) bought 2 bitcoin right now. seriously, just kidding, or am i. just ask him!
so what? isn't pretty much any crypto sub full of posts that say "to the moon"?
robinhood ceo has entered the chat
this guy will show us the way
your friend is a total loser. his future is being homeless in the streets.
the sigma male has finally been able to mansplain astrology. we are now closer to understanding the market <3
well i’d he trusts that it’s dropping another 10%, he should back himself up by all-in on btcbear on ftx. please forward my message. lol.
3 months remind me!
i’ve been loosely following the astro of crypto but nothing research intensive. ok i’m an astrologer and my prediction is cryptos jumps high october 17th midnight - october 18th 6:40 pm pdt
can he make a website, so we can follow the trades?
if it works, it might not necessarily be a direct connection. it's entirely possible that something is affecting prices that coincides with some kind of moon shit. what is it? no idea. we may never know.
good, he does not have the qualities that a nurse should, such as adherence to facts.
this is kind of a thing recently, people correlating btc pumps and dumps to moon phases lol. no one takes it that seriously though, most acknowledge it is just a correlation but not actually related or caused by it. imo it is more to do with moon phases being a monthly ish thing and btc and markets will usually have some type of big move happen once every few weeks.
read this about "astrology trading" earlier... take notice of the source ;p
imagine basing life decisions and your personality off of the month you were born
there's actually a chart indicator that shows the moon phases which is unbelievably accurate. i've seen some people showing it and it works! i have not tried for myself because i just refuse to believe it will keep getting it right forger. it has to be a momentary coincidence. but again, trading is about human psychology. who knows how many of us believe in this stuff?
i just saw a video where the guy said all the big drops happen near full moon. so idk there might be a correlation. who knows
i feel sorry for you more than your friend. understand you are such a strong person. even, all these happened. you are not giving in to his impractical methods. i can assure you that you will be successful in crypto. why? because you are believing the facts. ( you mentioned about no proof ). so all the best to you :)
well, i do not believe in this kind of stuff or luck and superstitions. but a good buddy does believe in all that crap. guess who had more "luck"? who actually find lost stuff all the time? who is always in the right place at the right time? who has money to spend only when the market is at the bottom? who has perfect health even though does not care for it? that guy. i'm unlucky as f***
where on the internet can i follow this genius from the future.😂
ok.guys so i did a little more looking into this. nothing with the lunar calendar... and perhaps most of you already know this. but september 2017 the market structure is looking oddly similar. very very similar to the recent capitulation we are (or were) experiencing. if this holds true, this was the absolute bottom and from here till december we will start the last and final leg up of this cyclical bullrun. of course till the next btc halving. i felt this was compelling enough to do a moderate sized 8x long on a certain coin that i personally feel will reap the largest returns. any hoo... happy trading to you all, and may the candles be in your favor!!! squad formation!!! whohaa!!!
tell him he is completely retarded!
he should use technical analysis instead of astrology.
yo dude if btc straight up dropping i'mma straight up take all my life savings and buy them coins
... well school does not sound like the place for him.
yeah if knew this person i would cut ties as soon as possible, move houses change numbers ect. don't want to be friends with crazy
this is a clear sign of the top.
cf the wikipedia list of bias. read it and check ☑
this is serious lol.
37500 or 30000, ask your friend to be specific down to the cent.
don't worry. there are people making a living trading. it takes time like any other skill and astrology is probably not the answer, but let him find it out. if he stays persistent, eventually he will learn what works and what does not. young age is a good age to try and fail.
sounds like a comedy.
ya'know. college am not for everyone. just sayin', this is not the worst thing. youf friend might need to learn some more simple lessons before he can tackle the more complex topics. good for him for following his hypothesis. you cannot put a price on waking up to critical thinking. so if he loses it all, it was spent on the best education he could afford.
edit 3 in your post 🏆
glad he is not going to be a nurse!
he might make money it is the right risk management tho
if he does it on tiktok he will probably be a millionaire in a month
my pot dealer does the exact same thing with astrology and bitcoin. every time i pick up an eighth i get trapped listening to it for an hour
astrology is not real. he's an idiot. don't worry about it, you cannot fix stupid.
youtube the channel waters over crypto.
really sorry for your friend...and for everyone who thinks to live listening to astrology bullshit.
well thank god he dropped out of nursing school because i do not want anyone making medical calls on me based on astrology.
you are such a caprisun
how do you know it is not legit?
congrats you just had your first taflste of psych nursing.
even the astrologers who are absolutely correct in predicting the crypto prices have courses to sustain themselves. they either do not trade themselves or trade only to some extent. most of them just hodl. it's a very risky business even for the astrologers.
astrology and technical chart analysis are the same <insert "they are the same picture meme">
she is the youtuber for crypto astrology.
that is what that astrologist crypto trader says (note, that it is london time in my screenshots). yesterday's post was at 8am. i really did have that spiritual experience when all my futures depo was whacked midday yesterday. check it out for yourself: [ >monday 9 the full moon pisces, conjunct neptune, is a dreamy, spiritual, possibly psychedelic-level release. with mars in libra highlighting minimized aggression and venus in scorpio drawing in taboo values, it is a full moon of paradoxical extremes to remember. 8:54 am · sep 20, 2021·buffer > > > >\*\*\* > >yeah it’s ugly but mercury retrograde comes up on the 27th which is a price action reversal so better to be ugly now and pretty later you feel 2:01 pm · sep 20, 2021·twitter for iphone > > > >\*\*\* 20h ppl still often confused abt this full moon is correlated w local bottoms. meaning we dump into full moon & then rise in following days. we are dumping into full moon today. should rise out in coming days. > >2:08 pm · sep 20, 2021·twitter for iphone i wish she could call entry)))
i mean, the night sky vs bitboy, i know what i’d choose.
of course astrology! makes sense, bitcoin to the moon!!
he calls it "astrology" to explain away the pentagrams and the stench of sulphur. he's really dealing with the devil.
the reality show "wall street warriors" featured a financial astrologer on one episode. he was as useful as you can imagine.
there may be some science with moons but he’s going to get rekt
rule 1: don’t spend money you can’t afford to lose. your friends decision defies rule 1.
ok, let us face this with the most open mind possible and assume for an instant that the stars could be having an influence. now, every trade has two sides, whenever you buy, you're buying from someone who's selling, and when you sell, you're selling to a buyer, this is, there is always a counterparty at the other side of the trade. however, investors' sizes are highly inhomogenous, and 1% of whales do more than half of the trades so, chances are that the counterparty in most of your trades is not only somebody more resourceful than you, but a really top whale of the market. those whales have everything on their side: privileged information, preferential access to the orderbooks including the dark pools in it, top-notch analytical tools, and sometimes even the ability to actually corner the market. those exclusive tools include all sorts of expert reporting by specialists too. if astrology plays a role, you can be certain that whales are employing already the best market astrologists (and really the best of them, not just those above the average). in conclusion, even if astrology played a role, you would not be able to profit from it.
sounds like some emerging mental health issues. seriously, my sister is bipolar w.
add ‘insilico’s four seasons’ indicator to your tradingview chart and look at btcusd on the daily. the indicator just plots the lunar cycle and you’d be surprised just how accurate it is to sell just before a full moon and to buy the new moon. pretty much every local top and bottom this year has been in line with it. many crashes could be avoided by tailing your risk in line with the lunar cycle. he is stupid for dropping out of school with only a year left. it works until it doesn’t.
someone mapped the last bull run peaks and bottoms with phases of the moon and it actually coincide quite exactly. well, it kinda is logical, because for the most part trading is affected by emotions, and moon does affect the intensity of our emotions, esp on full moon days, similar to tides. take what you want from that .
good for him. the world needs ditch diggers too.
this is a sign of mania.
he will have the same success rate as every other day trader.
you need to have him write down all of his trades on paper
tell him to put more tome into elliot waves, its less speculation than astrology.
this shit is the most stupid shit i’ve ever read
“knows that he’s doing”... astrology…
i have met many people like him. either he ends up fucking rich or just back to school. good bet.
numbers make up the language of the universe... i saw on my twitter one famously rich old guy talking about using astrology to make trades... i'm interested... do you have any more resources?
yes, in indonesia there is someone who uses that method, his name is astronacci, he even got a cta degree from his papers related to astrology and the gold market.
i doubt that astrology and day with the moon will help in anything in life. especially in crypto.
trust. nursing school isn’t for the weak. your brain does some crazy bargaining. i’m halfway through and everyday consider how much easier it would be to just day trade in a van down by the river
astrology breaks lives! it's just crazy.
let him get rely, he will learn his lesson and go back to college.
sounds cool as fuck ngl
seems like crypto always does well around dec-jan maybe because people tell their relatives at xmas gatherings. i remember one xmas it was going up by hundreds around + each and i told this young man he really needs to get some... even .
hate to say it, but if your buddy was in nursing school, it is probably better that they not become a nurse.
please keep us posted on when he goes broke. wondering what he will attribute the bad trades to
even a broken clock is right twice a day, you need to get him to stop before he loses all of his money.
had an army buddy after getting out swear he was going to make a living playing online poker. he would play 6-8 tables at the same time at all hours of the night. fast forward 10 years, he’s now a truck driver. for whatever that’s worth.
are you seriously asking who the crazy one is? the guy thinking he can predict the cryptomarket using astrology or you? uhm... it is him.
can i cover this story on tiktok?
>just now he changed his mind damned moon with its random, unpredictable motion.
so how much has he made so far ?
cocaine is a hell of a drug
he'll be broke in a few months. and hopefully, back in school. hopefully.
i've seen worse trading strategies before.
it will actually work, if his astrology-based methodology is statistically biased towards buying more often than seling
this is what is called a self correcting problem. edit: >gonna drop again one more time between tonight and tomorrow. to 37500 or 30000 that some range. i also predict it will fall to between the current price and 0 sometime in next 1 hour.
hahhahaha the edits are hilarious, 2 guys going to nursing school gave it away
this almost makes the crash worth it for me wow
what if your friend is the next elon musk?
sounds like a creative way to drop out of nursing.
tell your friend he has no fucking clue what hes doing and to take back his studies
i've actually done this before myself. there used to be a tiktokker who did bitcoin astrology. when there was a full moon there was a big sell off and when there was a new moon there would be a huge spike in buying.
well, it is another technical way. some use the analysis website, such as coinmarketcap, coincar, or other webs to predict to price.
i mean, if hes in his early 20s this kinda makes sense. youre still full of youthful optimism and self confidence. that student loan money is also very tempting to go all in with and change your life. the bad news is he has already fallen into confirmation bias trading and appears to be driven by emotion and ego. the good news is he will be broke relatively soon and can get back to life. the danger is if he tries to hide his failure out of shame and never recovers. tell your friend youre there to listen regardless of his failures or success
crypto generally goes down during full moon phases and up during new moon phases. even if it has nothing to do with the moon itself, they can be used as indicators to a certain extent. in my opinion the moon phases cannot be used on it is own to come to any rational prediction, but in combination with technical analysis it does have some validity.
well supposedly crime goes up during a full moon and i’m sure you guys know that’s where the word lunatic came from
if it works, the pomp will have him on
bitcoin is a buy now
good luck with that one
schizophrenia tends to manifest itself around age 20. i'm not a dr but sounds maybe like the dude has some mental illness going on
guys like this give astrology a bad rap.
think someone deeply misinterpreted the crypto term to the moon… holy moly this is a crazy story. hope he is not gambling with a serious amount of money.
started following the royaltiz project, does anyone know what they are planning in the near future?
im capricorn and numbers come to me when my eyes turn green
the crypto market in general will hit big tops in february 22 2022. but for a closer prediction after the week of october 18 2021 i see btc hitting another high. then going down a little after the 20th.
there was an economic astrologer on coast to coast radio with george noory a month or so ago. so yes its a thing. he was bullish on bitcoin and said it had something to do with saturn and uranus. he correlated all kinda of market events with astrological events. i dont know his name, but im sure your friend can find him if he looks at the sky long enough.
he is a wizard
he must be crushing it!
lots of astrology books on doing this so your friend is not the only one - i suggest your friend see an astrologer for a natal reading to see if this is a good move...
you can absolutely predict the stocks with astrology, but it’s way more difficult then he was trying to do. many stock brokers back in the day actually did this, but every alignment has its cons and that’s why it’s still risky to do. also many people just interpret incorrectly then fuck themselves over. it’s nothing to bet all your money on.
i am more than 100% sure that op’s friend is american.
and you out here. posting about him and making it seems like he is gone crazy. fuck off...!!
hubby or your friend? weird ass titles
it seems he actually is someone who wouldn’t thrive in college intellectually. so all is well?
is your friend an aquarius?
no jokes here. this is real.
i trust astrology just as much as i trust ta.
this guy heard "moons" and started checking the lunar calendar
on the upside, having dropped out of nursing school, this astrologer would not be holding anyone's lives in their hands.
wait a minute, this could be a very useful tool for many of us
i've seen people do offerings and rituals to the god(s) in hope of a plentiful harvest and to live amongst the god(s) themselves after death. so this is not really out of the ordinary.
i was going to say where’s the comedy tag?
me too lmao! i bet he does just as good tbh
i mean if he is friend said he is quitting to day trade base on some ta graphs of the internet he wouldn't do much better than the astrology guy they are pretty close
ta is literally the same thing.
i took you to 1000 upvotes. you’re welcome.
in the case of this person, at least i know why there is an audience:
this morning? wow really high bar you've got there
nursing does not need stupid people. glad he got out.
i dropped out of college because i was a depressed alcoholic. is that dumber or less dumberer?
seems this person is voluntarily withdrawing from university by acknowledging the lack of necessary critical thinking skills which would be appropriate for higher education. +1 for self-awareness.
may be he dropped because he want some time to do this ,astrology stuff.
i had to back out of a friend's crypto thiscord when i thiscovered they were making picks based on someone named 'white rose' doing numerology readings and deciding if a token. they all sincerely believe they are set up to own parcels of land on a commune together sooner than later.
pretty dumb but however the moon has predicted bitcoin's movements for over a year now pretty accurately.
to confirm how stupid this is - ive been working with a travel nurse who made 480k last year, and 460k ytd this year. lol.
it still may be the right choice for them. i think the real story here is they probably didn’t want to be a nurse and this is there way of working through that, whether they know it or not.
hmmm...but what if it works out for him?
there was a firm written about in random walk that did this in the 80s. it's not a bad idea to sell stocks this way. now, i'd just rebrand it 'maga stocks, invest in the real 'merica'
you clearly don’t know how powerful astrology is
if he called a “proprietary ai mode leveraging advanced deep learning attention networks”, would you be impressed? 🥳
not necessarily! he can learn whats right by experience. btw, astrology is not absolutely rubbish. there is somehow connection. for example. this year the astrology prediction was that somehow there will be problems in world in september. and its going to go all the way till november. astrology is very wide, you can not pin point specifics. so lets see.
dumbest thing "so far" this morning... there's still hope!
the stress is too god damn high!
i’m just thankful this person isn’t going to be caring for people health
i think his chosen path is evident that he should not be in college, not that college not being right for him provides this path.
it sounds like he belongs on reddit
it’s a cover story for his only fans or selling drugs.
this person 100% has subordinates if they have heard something dumber than that.
wait til you hear that same chimp talk about the mlm forex schemes
dumbest thing you've heard... so far.
world needs more ditch diggers.
but you cannot say him leaving college early is a step in the wrong direction.
i guess you have not visited r.
well if you leave college for that reason, you should not be there in the first place
i just made 150k this past week off 1k! thanks to universidad de chile fan token. so it is very possible to quit your job but astrology? idk
don’t tell them about leverage
yeah especially durning a moon phase like this, smh.
the market can be pretty freaking dumb. it might just work.
he will a be a millionaire in 6 months ironically
have you been on wall street bets today?
you do not go to any of the other crypto subreddits, or the stock subreddits, or this subreddit, huh?
but is not this a casino?
how about for a moment we not judge him for believing in astrology and instead appreciate that he recognizes college am not a great fit.
it could work if enough other people were doing it, but you were just a little faster than the others.
like so dumb he should not be in college in the first place?
i do not know. i think the universe is very much on crypto full-time. taurusish on bitcoin.
he better start making moon water and praying on this upcoming retrograde
hes flipping his coins. buying cryptos with cryptos.
lol 100 good trades can be undone by one bad one? meaning you risk your entire portfolio in each trade?
and visa versa my friend
constellation face-tattoo mcdonald's fry-guy
link to said study?
butt to butt, back and forth forever.
> crap to crap connection i almost snorted out loud at my desk.
it was kind of a nothing burger after everything was said and done- the monkey was given like 100 tech stocks to choose from just before the .com bubble started pumping hard- any selection would have made hella profit for a couple years
yeah, no connection even necessary. if he is truly got some astrological method that he sticks to, it will be essentially random, so he will be up and down with the market in general (over time, barring good or bad luck, etc). more likely he will say or even convince himself he is following some sort of precise plan, but really is making decisions off sensationalist articles he happens to glance the headlines of, and loses money that way.
isn’t that called space docking or something?
it has been done many times. the wsj used to have a small column dedicated to the “dartboard” portfolio where they’d update its performance. they used it to tease professional investors. the book “a random walk down wall street” goes into all of this in detail. it’s been replicated countless hundreds of times (usually not with real money, just software). people have picked stocks with every random method including dartboards, monkeys, drawing tickers from a hat, having children pick the companies that sound coolest, you name it. any sufficiently random & diverse portfolio will trend towards just following the market.
to be honest, he is likely to be as successful as most folks who quit their day jobs to day trade.
i think it was a cat, i always thought that is were roaring kitty nickname came from😂😂😂
because ta is not predictive, it is indicative. you're just ignorant.
wsb need to know about this asap.
1 crap = 1 crap math checks out
shit in, shit out
now let the monkey day trade and see what happens
right but that is the stock market. i'm guessing op's friend is all in on btc and thinks he knows when to buy and when to sell to constantly be making money. the monkey would almost certainly have a diversified portfolio just due to picking randomly.
they should release a book about his trading journey, monkey business
honestly there might be something to it on the basis that if *other idiots* are making decisions based off of astrology if you can predict their behavior with it then you can make better decisions to take advantage of it.
2 craps don’t make a right
often those that do really well trading have inside info. maybe less than 1 in 10 get caught.
crap to crap connection. this guy is a confirmed genius and i stake my life on him.
takes one to know one
back and forth forever
how does she fare in her investment?
f it i'll follow her. can't be worse than my dumb spy option decisions.
i doubt they are the type of person to predict that the market will go sideways for 2 years, so when that happens they will be really waiting
can confirm, lost a lot of money. also made a lot of money, still ahead. just not as ahead. only hodl now.
came here to say the same. thank fuck he is not applying his star sign shit to saving lives
no hes smarter than me. hes 6 years older. has 7 years experience as a flight medic in the air force. that being said his mental health is shit.
as a nurse invested in crypto, i second this 🤣. man is going to wish to find the nearest black hole if he only had a year left of nursing school.
my thoughts exactly. no need for health specialists who are this far from the most basic scientific thinking.
pretty much every nurse i've ever worked with has been pretty god damned stupid (including me). they'd fit right in.
nope. college was free.99 for him. 7 years in airforce.
i can almost see the account performance chart making that slow but steady march down to .00.
you have a sense of humor 😂
then you do not have time for the stars lol
hahaha that would be hilarious 🤣
is ta bullshit? or do most people just not know what they’re doing?
you must be young. trying to save stupid people is very stupid.
this is what hes talking about. something very similar
i also like to lcd
let's see some data
probably a self-fulfilling prophecy by asian buyers or pagans or something, nothing weird.
makes me question why the fuck you have not posted a picture of what this looks like
this is very true.
> my friend is a nurse and she says the er is full moon is the busiest. they really need to educate nurses better. "the american journal of emergency medicine published a report in 1996 analyzing 150,999 admission records of an emergency department over four years. a full moon occurred 49 times during that period, and not once did it boost admissions."
j.p. morgan once famously said that millionaires do not need astrologers, but billionaires do. ... j.p. morgan thought there was more to the market than timing, and he used astrologers to help guide him in that timing in his businesses and investments. he's not alone. [forbes](
this "model" was not exactly working jun, july, and sept.
he really would. this is him
i've always wanted to start a sex cult! i should learn ta and astrology.
he insists its working out for him. i insist not for long
i can do that.
the farmers almanac yearly predictions are based on some secret formula using astronomical events. or so i read once...
if it works for him ill tell him to get on the interwebs and teach it. but fat chance.
i wish this was a joke. hes not microdosing. he cant handle then things.
you could avoid those downvotes if you took the time to educate yourself. simply googling "why are sun and moon same size" or "are spirals in nature coincidences" would have answered so many of your questions. here: why do the sun and moon look the same? they did not before and would not again in a few million years. why are there spirals everywhere? the fibbonacci sequence is an energy-efficient way to pack shapes. now for harder things, how do you prove whether there is a correlation between sun spots and market movements. first, you need several years worth of data because small sample sizes can make anything seem true. then you need to record not only all the times when a sun spot corrolated with a significant move, but also when there was a significant move without a sun spot. this is how you test a hypothesis.
i mean results, in this case, are more than likely pure goddamn luck if anything and is not a smart investment plan based in any reality
you dont. but did enough to comment. and ig a couple thousand others. i posted bc i thought it was an interesting pov
"we"- you speak for absolutely nobody, my guy
just now realizing what cake day is. and why that slice of cake is there. thank you
buddy i ask my grandpa for any tips. i'll leave my wallet, guarantee 200% profit
> focus on analysis what kind? > i’m about 25% or 8k down ytd. doesn't sound like a statistically sound strategy.
**[paul the octopus]( >paul the octopus (26 january 2008 – 26 october 2010) was a common octopus used to predict the results of association football matches. accurate predictions in the 2010 world cup brought him worldwide attention as an animal oracle. during divinations, paul's keepers would present him with two boxes containing food. the boxes were identical except that they were decorated with the different team flags of the competitors in an upcoming football match. ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
> it involves many technics hide in the complexity. that's a clear sign that it is entirely subjective and you have no actual heuristics for any kind of prediction. > one real time transit may work like magic one day simply because no other force was influencing the whole chart. the same exact transit could end up doing nothing just because another force was at play at the exact same time. almost like it is not predictive.
> legit practice. i am an astrologer astrology actively rots your brain. it destroys the frontal lobe and drives people into crazy. > their accuracy is extraordinary. nonsense. they're either lying to you or you're lying to yourself. > highly complex study "so many moving parts there is always a reason in hindsight for why you were wrong and why the charts were right" > amazing predictive skills no, you can not predict the future. this is that brain rot i was talking about. you have no reason to even begin thinking this clairvoyance is a thing. > takes years of learning and practice damaging ones brain takes time. hit up if you do not believe me.
no hes specifically playing cryptos
i mean lots of people follow televangelists too doesn’t make it a great idea.
failure does have a role to play sure but making crippling fail cascade levels of choices is worse. dude shoulda finished school. although a nurse this heavy into astrology could have been shit too so eh net win for society?
get him some help
i know that they are going to start pre-ordering new talents.
sure. what else am i supposed to do? he wont listen to me. he has his mind made up. i clearly asked if i am crazy or is he? i wanted to see if other people thought this way. maybe there was something he knew i didnt. but that doesnt seem to be the case.
we are friends. because we were the only two male students in the class. dont look too much into it.
no this is patrick!
yeh this guy made a huge mistake and will regret it within the next 4 weeks. that’s what astrology told me.
poor guy. let's hope he does not turn to you for financial help when (not if) he needs it.
i have seen people on twitter making comments about “it’s a full moon soon so we go up” and you’d like to think they were joking but at least some of them probably really believe the stars can predict your future.
it can’t be, it’s just too absurd
how do i invest 🍌
are they successful? i mean you can only talk shit about it if it’s not working
i met someone like this recently too, claimed astrology was her secret and was working as a trader. is there some guru out there teaching this to people?
unfortunately, this is a dead give away of a gambling addiction. they have a "system" no one else has thought of. i'd strongly encourage him to re-enroll, even if it takes feeding the delusion. "you'll have a steady income you can put into it". that way when it comes crashing down, he has a good fall back. best of luck.
i hope you are a good friend and will be there to help him pick up the pieces.
everyone thinks they can day trade btc when it only goes up. good luck during bear market 📉
your friend is the joke here.
eh, the op is probably over-interpreting his friends 'to the moon' joke.
he sounds like he would make for a shit-quality nurse anyway if he falls for quackery like astrology.
wow, really believable mate. verified no trust needed.
probably does better then most of us
that really is the joke. he would be better off using massage, essential oils, and rhythmic chanting to cure cancer
buy the prograde venus. sell the retrograde jupiter. am i doing this right?
ask your friend where he got the idea because i would be really curious to know
no, it is belief and it is fucking stupid.
will he be able to get back into the program and finish the last year?
the only joke here is us. looking at ourselves thinking we’re gonna be stars and this mf looking at the real stars! i’d say to the moon, but he’d probably jump off it in a few months
i guess he isnt doing so well right now. 😬
tiny anuses, never trust one! ever.
you just don’t get technical analysis (ta). it’s not supposed to predict the future. it’s just supposed to provide some insight into what *might* happen. like you might get a signal that looks bullish. that means that it *might* go up, unless it goes down. or sideways. it doesn’t really mean it will definitely go up. so once you *actually* understand ta you’ll start to see patterns everywhere. again these are not definite buy or sell signals, unless they prove right retrospectively. oh, and ta has absolutely no relation to seeing patterns in the stars. ^
well not an astrologer or pro trader, but i do know maybe a tiny bit about patterns, game theory and systems. so without delving too deep into either of the things you mention but just commenting as an outside observer with no skin in the game for either argument for or against. but if my opponent were attributed that they gain advantage through either i would at least try to think of how such things could hypothetically work and what advantage they could give. so i offer two possible explanations as to how. the first to astrology i guess i'd se more philosophic it can be likened to the study of the past in order to better predict the future as the heavenly bodies and all of us as well as all that we will ever do know and make all originate from the same place this is science fact. and furthermore to look out to the stars is to gaze into the past quite literally due to the nature of vision light and vast thistances how can one pull usable knowledge from these science facts no clue but again not an astrologer. and ta as it appears to me is simply a charting and study of human behavior on a very large scale over a very long time. and human behavior and so also humans much to many people's shock is absolutely predictabl people are not very unique. if under certain conditionals over the last hundred years or so people in the financial market behave a cvertain way consistently in reposnse its far from unreasonable to think that there is a greater then average chance that people today will act and react in the same or quite similar to the people who came before them and t hus whose actions ore tracked in the technical charts used in ta. so i do not know maybe 🤷‍♂️😅🤣
ta is just astrology for people with stem educations.
clearly, he works in it.
have you looked around at the world lately? going an entire morning without hearing something dumber than this is an accomplishment.
you shoulda heard the crazy things from their yesterday
he can predict the level of care you need based on the phase of the moon and your horoscope in today's paper
yes probably for the best,
plenty of stupid anti vaxxers somehow got in the profession
hey, at least its a "was" instead of an 'am'.
less dumberer,you got a good reason to drop but did you take drop or you were kicked out ?
hey i was a depressed alcoholic and went back to college, never too late.
jim jones style of crypto trading, i like it. i'll wait to see what color the kool-aid is though.
white rose 😂🤣 mr. 🤖
up and down several times a day? clever...
how so? any articles to show for reference 🍿
not every nurse make this amount of money.average income would be a good criteria to judge.
pandemic money, this is the way!
that’s called leverage trading and he will definitely go broke doing it, most especially if he’s relying on astrology. there are lower risk (not low risk), long term strategies one can use with leverage trading to minimize losses and maximize gains, but if he’s “day trading” with astrology, he’ll be broke before he knows it.
not to mention the stress that comes with day trading for full time income
key word is can. personally i only trade with 5-10% of my portfolio. but i also have a full time job and invest mostly long term. day traders tend to take more risks and when things go bad some ppl double down edit: also i don’t ever intend to speak in absolutes. some people are capable of making a living day trading.
have you seen wsb?
not really. 100 bad trades and you’re most likely out of money
1 💩 = 1 💩
raven, a six-year-old chimpanzee, became the 22nd most successful money manager in the usa after choosing her stocks by throwing darts at a list of 133 internet companies.
survivor bias. every other random experiment which failed did not get to the news. so you only see the successful one and take a conclusion from a sample size of 1
wow. she does exist. mercury retrograde =btc movement. i have no idea if she’s serious or not. i sense a slight sarcasm, or is it just me.
hehe, free you say? paid with the blood of his brothers he served with and then our tax dollars. and now he wants to throw it away on haley’s comet 🤦‍♂️
ok, no offense but your friend is a dumbass then
not even humor, just straight facts.
these people must be treated like children. slow explanations and lots of patience
it’s easier to fool people than convince them that they are being fooled.
you must be evil to let your friends destroy their futures in front of your eyes.
i get high on oled.
yes most prophesies are self fulfilled, how ever it is also important to remember that predictive programming is one hell of a tool as well.
the only way astrology could influence the markets if jpm himself created a trading feedback loop. obviously astrology is bullshit, so trading based on astrology yields you the same result as choosing randomly, 50. a big buyer like jpm comes in, extols astrological trading, and his buy-ins are large enough to move the market. the astrology system goes from 50. other investors see this difference and start buying according to the system. with added inflow, the model now works 70. self perpetutiating system. someone should test model accuracy for astrological trading, and that'll tell you whether any billionaires today still use it.
also, check the book "solar history". a lot of evidence that human psychology has at least been inluenced by the sun's cycles throughout history.
i’m willing to pay him in crypto. i just wanna talk. hopefully he agrees.
that's if you trust google and where it points. i'll go check wikipedia as a trusted source of information. jk
i guarantee i’ll change your mind if you only listen to my podcast. many investors are using the astrology. i’ve tried to advertise here but they kept directing me to the astrocrypto section. i haven’t found one astrologer who can do what i do. i’m not gonna share my method but i’m working on a software. i’m showing all the real time transits in a calendar monthly sheet. i would never waste my time if i knew it was useless. i can spots peaks, up trends, down trends... i sometimes update here and there in the comments. it’s not easy to judge the intensity though even though. i love financial astrology cause the proof is in the pudding.
it's surely not for everyone. most people are too absorbed in the matrix to be able to understand. we live in a time when the mental processes haven been idealized and true higher knowledge is blocked. then again, a time comes for everyone when is ready. my decades of experience do not need any links. results speak for themselves *every single day*. take care!
tbh using stars or some other form of logic probably still have the same rate of success for speculating stock prices
sounds cool, but when?
there is a better way to research this. without making a fool off someone. "he has made up his mind and he would not listen" i do not see how you are shittposting about him and his beliefs in astrology on the internet helps.
haha you would say that, gemini! 🤣
you do not need astrology to see the "signs" of their monumental stupidity.
weird thing about humans...reality is subjective as in subject to the limits of human observability. if enough believe in a fabrication and *act on that belief* the result can appear to prove (statistically...) it was true despite being an obvious lie in hindsight.
we live in absurd times
watch him become a millionare
but working is like 10 good plays in a row. a coin flip can predict it for awhile before its wrong.
there is! her name’s luba lovegood... she’s all grown up!!
those tight little fuckers…
alpha-generating signals thisappear as more people recognize and trade against them. in order to remain profitable, you need to stay a step ahead of the pack. the very existence of technical analysis is predicated upon easily-recognizable patterns that any idiot can make money from. i guess one could argue that the crypto market is inefficient but it certainly would not be that way forever. if it were that simple, there would be a bot which we could all download and use to live happily ever after. anyone can make money in a market that is trending upwards. are ta adherents really outperforming hodlers after accounting for risk, fees and taxes? humans are really good at [fooling themselves]( into thinking that superior returns can be obtained without heightened risk.
support for this comment is falling below technical support levels.
if ta worked, algorithms would have already been written by the largest banks in the world and therefore no advantage would remain.
always funny to see people defend ta with the wall of text full of details on why ta "works". usually it is a noob trying to convince himself he is not wasting his time.
agreed. used 3 ta and won several times, only for the next 2 consecutive trades to wipe it all off. i cannot really manage how to control risks.
i've done a lot better than 20% just holding btc . over what time periods are you talking. if you are talking stocks gl beating index funds. there's so much survivorship bias going on now you might be in for a shcok
add me bro. we’ll play rocket league
or spends any amount of time at all on reddit?
might be a good reason
hahaha... so true it hurts
i'd bet on school
oh is your astrology preduction of crypto not working? have you tried turning the stars on the sky off and on yet?
but that other program does what i want make this one do it.
big ups to your username, that is utterly fantastic
oh no, akshully he needs a personalized star chart.
nurse we got a full moon. hand me a syringe filled with 20mg ethylene oxide
i still am, but i used to be, too
oh i definitely still am. i just do what i have to do now. also, getting therapy and all that fun stuff to help.
you can actually just look at the chart. its pretty perfect. do i think its cause the moon? probably not, its probably because of the options and futures expiration at the end of the month. months are obviously because of the moon though so yeah its cause the moon lol. tradingview: if go back and look its about 80% accurate. its 98% as efficient of just holding though however it did reduce your risk over the last year.
if he is smart he is not using kyc.
cointracker and a few others do this tax calculation automatically
this gets me because xan't you just put a healthy bit into a consistently appreciating asset and literally live off dividends or even leverage against it?
i tried my hand at day-trading. i was surprisingly good at it, but i only had a few weeks off work and i'm not ready to quit my job over a few good weeks. that being said, i can attest to using the double down method. sometimes you know you have the right idea, you just missed the timing a little. 90% of the time it worked every time, the other times it wipes out 100 good trades. lately i've been yolo'ing options based on the least retarded wsb dd posts and pretending like it is not a problem. thank god i had the intelligence to at least limit my trading amounts because i am not good at trying to be lucky for once in my life.
i'm still 100% in on gme lol
i had axsm go from 2-120. had a number of bad trades made up for.
all fixed. gasp. armageddon is coming. viruses will take over. doom and gloom. the wood are lovely, dark and deep richard cory’s final act. predestination. live life today. llap
so you're saying there is a poop loop?
he is also an avid shitposter here.
i’m way more impressed that a chimp learned darts.
well they gave him the best sector.
the real question that nobody is asking... what monkey put the initial list together?
i'm a little more depressed to know that there is a chimp out there, that can probably beat me in a game of darts.
it is a well known fact that the majority of fund managers barely beat s&p500 etc. over the long term, if at all. they are really bad at what they are doing. which means your average investor who picks stocks at random among reputable companies will be surprisingly close to the top when it comes to profit. that's how low the bar is. you do not need to do experiments to prove it. we have all the data because it is public info, all it is needed is a little bit of math.
she truly believes in what she does. it’s real
medics are people fresh out of highschool that are trained by the military. they perform like nurses, occasionally like doctors (in combat) but their training does not transfer to the civilian world. here's an example:
free schooling. free money. while hes in school he gets money for housing. and pay raise when you graduate with a degree.
yeah that works well. go spend some time in 've ever seen. they just dig in harder.
i'm not necessarily making friendships to be a babysitter or a counselor. some of my friends i would weigh in for sure, but it is not an obligation to make sure they do not fuck up.
"let" you cannot force anyone to do anything so you're not "letting" anyone do anything. i'm sure op has already tried to talk his friend out of it, his friend pushed back hard, and now he is left stunned asking for help. you can lead a horse to water, but you cannot make it drink.
lol!!! i guess i am evil!!!! bahhahahahahahahahaaaaaa!!!!
oldschool crt will take you to new heights
> i guarantee i’ll change your mind if you only listen to my podcast. lol rather than spamming me. read some science on what this has done to your brain. > i love financial astrology cause the proof is in the pudding. then you should have statistically significant findings. but you do not. because there is no proof or pudding.
> it's surely not for everyone. anyone who engaged is astrology is adversely impacted by it. it's toxic and poisonous to human brains.
october 9, if i'm not mistaken
only a capicola would think that
it is the future of finance. 🤣
>luba lovegood sounds like a jelly they keep behind the locked glass case at the local supermarket
there are many kinds of [ta](
this is exactly it. it's such an obvious argument, and no wall of text can ever overcome it. being generous, if ta was ever actually analytic, the computers are now doing it and the signal has entirely vanished.
oh, good point. hrm. i'm in it ... i may say, and do say, with authority, there //.
i do not drink anymore but i also do not drink less than college or something i am also drunk
never, ever stop! 💪😎 (getting sober)
thank you! i’ll look into further. i’ve generally found astrology pretty accurate when your looking at ‘real’ astrological charts and not something you read in the daily papers.
in the us, you pay capital gains tax on your wins. so if you bought btc for , you pay tax on the . if you sell in under 1 year, you pay short term capital gains, 10-37%. if you sell after 1 year, you pay long term capital gains, 0-20%.
explain. but no. hes using coinbase
what exchange is even not kyc???
i’d say it depends on your financial situation to begin with. if you have a solid nest egg you probably can do this. but if you’re the kid that turned 3k into 15k and think you can trade until your set for life i’d say you’re in for a rude awaking.
so not a hundred.
100% of the times i've responded to u, someone replied 'nice'. even though my sample size is 1, i can safely assume it will happen everytime
as long as she’s happy.
it's an opening both for the brain and heart :-) thanks for the chat.
i was exposed to astrology by the first gemini i ever dated. no coincidences
lol. typo of course, but i’m sticking with it!!
i love when people think they are better then others, using words like "required knowledge" or "proper level headed brain" and so on, just to prove them wrong --> besides many studies and proof of concepts about ta proving your statement invalid, you still refuse to use ta as an indicator and think it is perfect, it is not science, even more, how did the evergrande indicator show up in your charts? so yeah, proven wrong and i suggest you act a bit more normal to people instead of seeing yourself as mr smart, because you clearly are not and i am a trading pro for more then a decade.
the entire premise of ta is that its conclusions can be generated through numerical analysis and algorithms. you only need the "required knowledge" and "proper level headed brain" to write the software. then the magical ta software just generates endless profit. why has not this happened? because ta is astrology. i'm sorry.
> “usually”. well, this time you are not communicating with a “noob”. i’m not going to address ta anymore. it would require a legitimate full length book in order to explain years worth of trading and knowledge to you. i will however give you a short essay on something else you mentioned. you mentioned wall of text which is actually somewhat of constant occurrence in my life. my text messages, my essays while in high school and college, and pretty much any other format where i am able to express an idea all end up being incredibly long. when i communicate with people in the flesh, i think it’s actually become a problem. when there’s something that interests me or there’s a particular skill i’ve acquired or i have an opinion about something, i’ll go on and on and on going about all the possibilities of a particular scenario given certain causes and then those possibilities result in new causes that result in new possibilities and so on and then i also end up going through all the rebuttals of the scenario as well as what the rules are, but making room for exceptions and throughout all this thought experimentation i’m able to come up with the hopefully, most rational or probable results given certain conditions and even then understanding that there is room for other possibilities. i’m actually not expecting anyone to read this, but am simply using this comment as a way to bounce my thoughts off of. i normally put these types of run on thoughts in my notes, but today i guess i’m putting it in a comment. > highly certain you are not a success by any conventional sense as one would not have the time to read this gibberish let alone write it 😂🤣 for no fee. nevertheless, i have high confidence that i have accurately characterized you for what you are. your motivation to write this drivel is self-validation.
don't waste your time. if they do not want to know, do not bother.
2months hehe that is even a shorter time than i expected i suggest your try to learn statistics and sample size, and the different cognitive biases you are exposed to.
fair enough, and thank you
with human languages, questions may embed statements. and those statements may be stupid.
have you tried power cycling it…
"i do not drink anymore, but i also do not drink any less"
every trade is a taxable event. every loss can be deducted against gains, but he has to keep records to show all of these trades. him personally, not coinbase, because they do not report the detail to the irs, they just send a 1099 form as his gross trades (not net gains!) exceed certain amounts. if he does not keep those records, the irs will laugh at him and demand payment based on the 1099 reports even though they will be wildly inflated over his actual net gains. he should at least find a tax service that handles all of this crap for him. someone that delusional probably is not going to, though. i would recommend thistancing yourself from him because inevitably he is going to implode and there is a solid chance he will blame it all on you.
then yeah, every trade is a taxable event lol
uh... most of defi
that's it right there. i'm the guy who leaves his wallet in the hotel room to go to the casino. i have a plan to "spend" the amount if fiat i brought with me. if i lose oh well, it would just entertainment. if i win walk away. my bitcoun wallet tragically was destroyed when the san salvador atm burned. but i always only ever buy from "entertainment" budget anyways.
actually, a flight medic is a paramedic with a board of specialty certification in critical care (fp-c). a nurse can also get a flight nurse equivalent certification which is a specialty critical care training. i won’t say there aren’t doctors that will fly along as a primary care provider , but typically the flight crew (pilot-pilot), a flight medic, and flight nurse make up the team that responds. in america, a lot of paramedics that do not get onto fire departments (or even some that do) get their nursing degree to work in the hospital where they have better pay, benefits, and increase their patient care knowledge as nursing is a different type of care giving than paramedicine (health emergency focused, critical injuries, field differential diagnosis and treatment without physician present).
my best friend is obsessed with astrology and spiritual numbers, she’s also a gemini.
never trust a gemini. they are 2faced bjtkhes.
whatever the case may be, op’s classmate is gonna need some luba if or when the markets catch up
even without knowing anything about ta, your argument is simply trash. no one claims ta is perfect. there's no perfect indicator for stocks. there's almost no perfect indicator for anything. wow it did not catch evergrande. so what? do you toss out card counting because you lose a couple hands it said you had a high likelihood of winning? no. because in long run you win with card counting. it's mathematical. if ta can be shown to improve your odds in the casino we call the stock market, then it is worthwhile. and shit, if enough traders use ta to guide their moves and it actually affects the market it is basically a self-fulfilling prophecy. that is useful in and of itself. you said he refuses to use it as an indicator and thinks it is perfect? *he literally said the opposite like 2 fucking posts ago.* if someone is talking about odds and probability, that means that person *does not think it works every time.* jesus. you bitcoin cultists are another level of dumb.
as opposed to animal languages?
what is copy and paste? how do i do that on a computer? no, really, i got that question, and it was not that long ago.
you clearly don’t understand what astrology actually is, the study of natural cycles of the planet, the microcosm is a reflection of the inner microcosm. on the exterior of western thought it seems ridiculous but if you look deeper there are often a number of surprising correlations.
you need to report losses too
>the irs will laugh at him and demand payment based on the 1099 reports even though they will be wildly inflated over his actual net gains. why would they be wildly inflated over his net gains?
same here. i bring ’m concerned the money is already gone lol. i’m there for entertainment.
i bet. it looks like another great invention of the aquarius age.
how about a 7:00pm on-call along the lines of "i closed x file without saving first. how do i get it back?" i got that one last week.
i cannot tell if you are being serious or not. i understand that the moon impacts tides and may have an impact on circadian rhythms, etc. are there concrete examples of it directly impacting *markets*? it sounds like a correlation does not equal causation thing and folks are waving their hands and saying "science!", but i would appreciate evidence otherwise.
you should but i don’t know if you are legally required to.
they wouldn't, this info is full of shit. if all you do is trade on coinbase, the 1099 is no different than the net gains: you quite literally output a spreadsheet of transactions. and can show the net instantly. the pain was (and still is) filing every single tax event separately. no different than day trading high volume stocks
what net gains? he's going to lose all of his money.
they are not responsible for keeping track of nets. they will have reports he can print out to show buy prices to figure out his net. but only if he does all his trading on one platform and tracks everything. if he buys and sells from multiple brokers, it will be a thisaster with a good tracking system.
because they just show the sale amounts. not the basis (i.e. cost).
buy crypto. it goes up. sell crypto for new crypto. realize gains in the process. new year starts. crypto goes down. sell crypto. realize loss. still owe taxes on those gains that you no longer have.
because unless you can show otherwise, the irs assumes "zero basis" for every trade. they do not collect your buy prices, only your sell prices. so if you buy a stock at , they tax you on the . no, i'm not joking. if you do not believe me, go talk to a cpa or an ea.
you're demonstrating the exact type of atrophy the papers describe. this is the type of nonsensical response to logic which is prevalent in practitioners of astrology.
you can look into on your own. there are interesting correlations if you find someone who isn’t a loon. unfortunately, most people into this kinda thing are often uninformed and out of their minds.
also sorry didn’t mean to be rude and not provide resources but i have too much work going on at the moment to take a deep dive. i’m pretty skeptical of all things, and have done self study on a number of occult studies and have found things to work that i didn’t expect to be true for me. maybe it’s useful for you, maybe not.
i believe . so no need to report your losses above that. i would double check though cause i never sell but that is what my accountant told me
ok that is what i thought. all these people complaining about capital gains sheesh you'd think they hated making money.
i just hold so not worried, but it almost sounds like it would be better to just say you didn’t trade virtual currencies and hope you don’t get audited than to report at all? is there a way the govt can actually check this? but once you put forth the 1099 then they can scrutinize it. again, i don’t trade but can anyone enlighten me on the chances of an audit or even knowing?
>on those gains that you no longer have you still "have" those gains. you just also have some losses. unfortunately there is a limit in usa, how much you can write off your losses. but this is a problem that applies to all assets, not just crypto.
>unless you can show otherwise you're right it is annoying that they do not track both buys and sells.
as bitcoin crashes right now, i send you all my love through my atrophic nonsensical brain and heart.
no i’m saying in my example the price of the crypto dropped so you don’t have the value anymore to pay the taxes.
huh? oh concern trolling.
very interesting developments. you might not even need to move there permanently, just become a permanent residence, open a company, move your bitcoin assets under that company.
cia bringing “democracy” to el salvador in 3, 2, 1...
el salvador population 📈📈
time to pack my bags. bye bye california... headed to el salvador!
you can also legally marry bitcoin in el salvador
serious question how do i go about buying a home in el salv
one word : pupusas
dang... if my stack was large enough i'd definitely look into this option.
me with my 0.00000657 bitcoins: “ah yes, a tax haven. splendid...” *adjusts monocle*
welp….i guess i should check on real estate in el salvador.
his twitter dp has laser eyes. what a nice guy.
hahaha good for el salvador. america has fucked with them for too long and im american. i hope they lure in a lot money.
my mexican friend went with his girlfriend from el salvador to san salvador and he was shot dead in the streets (they lived in houston) chances are el salvador will launder bitcoins for the mexican cartels.
💪🏽🎊🎉🍾🍾👯‍♀️ my next destination 😜🔥
well well well 😏
i am from el salvador and my family is currently living there, they would be considered upper middle class-high class in that country. anyway just so people are aware, the citizens of el salvador do not trust the new president. we have been under different governments since the 80s and all of them have been corrupt. promise the same things and they pretend like things are getting better when they are not. many el salvadoran people are against bitcoin for a few reasons. 1. the main reason is they believe this is just another opportunity for a corrupt president to launder money. 2. although a lot of citizens have access to cellphones a majority of people still live in rural areas with no internet or modern tech, so the integration of butcoin will only benefit the capital of san salvador along with some coastal tourist regions. 3. a lot of people in el salvador cannot open a bank account or have extreme difficulties being able to open one which will be needed to properly be able to use btc. all in all thencitizens of el salvador do not have faith in the new government at all. people are still getting kidnapped and murdered everyday by the gamgs, the drop in crime rate coincides with the pandemic and not the presidents policies. i wish btc would be the catalyst that will help propel el salvador forward but it looks more like another tool that corrupt politicians will use to their advantage. *edit*: it is already known that the gangs (ms13, cartels etc) already use btc for illegal transactions etc,any believe this will just be another way for corrupt government to make secret pacts and deals with the gangs and use btc as the medium for extortion or bribery.
damn got to learn spanish now.
who those who do not know already : **el salvador has one of the highest crime rates in latin america. violence between gangs is common and targets are usually rival gang members or the military and police. while most gang violence occurs away from tourists and visitors, no location is completely safe.** source :
it's a scam, i do not know how but this is elon all over again. it will all end in tears.
everyone and they mama moving to salvador rn
what about personal income tax, btc holding skips it? what about ltd? to really use this, one would probably need to move there as a person, so actually live there for most of the year each year
and this little detail is what it is actually all about. this is far more important than any amount they could add to their balance sheet.
any forward movement in the crypto world helps digital assets to move forward, need to get away from paper
i mean ... is this not an obvious consequence of adopting btc as legal tender?
i've been to el salvador several times (relatives live down there). it's an absolutely beautiful country and things are slowly getting better. first time in es it was common to drive by dead bodies on the side of a highway...reprisal killings were an every day occurrence. cops all wore balaclavas as they were often targeted by cartel so they kept their identities as secret as possible. last time in es (just before covid) was noticeably better. cops weren't wearing balaclavas, the president cut off all cell phone communication to and from prisons (effectively cutting the heads off the snakes who were running things from jail) and warren buffet is investing in the country. it has the potential to be something special. i truly hope es can pull it off, because the people there are amazing, and they deserve to live free.
this is a cover for money laundering.
alright let’s move there, 😂
lol at every american here who thinks living in another country means you don’t pay us taxes 🤣
before any american's decide to relocate to el salvador, or anywhere else in the world for that matter, there is something you should know first. usa, myanmar, and eritrea are the only countries to impose world wide taxation on its citizens. americans will have no benefit to the taxation policy in el salvador. for example, if i wanted to live full time in el salvador because they have 0% capital gains on bitcoin… as an american living in el salvador, i would still owe the same capital gains to the usa regardless that i don’t live in the usa. if i were anything aside from a usa, myanmar, or eritrean citizen… let’s say for example, a canadian living in el salvador, i would owe 0% capital gains across the board, because canada does not impose world wide taxation on its citizens like how the usa does, and el salvador again has 0% capital gains on bitcoin. it doesn’t matter that canada has high capital gains taxes on bitcoin for its domestic citizens in canada. since there is no world wide taxation imposed by canada, canadians have the freedom to avoid canada’s taxes by choosing to live in another country with more favorable taxes. only usa, myanmar, and eritrea impose world wide taxation on its citizens, and we have zero ability to avoid those taxes, which is pretty fucked up and authoritarian.it really sucks that the usa imposes world wide taxation. as an american, all i want is freedom from worldwide taxation, full stop. it’s not much to ask for considering every other country in the world does it that way. (aside from myanmar and eritrea). for someone like me, renunciation of usa citizenship is the only practical solution to avoid unfair and unjustifiable world wide taxation.
if i set my vpn to el salvador while buying and selling bitcoin then i wouldn't be taxed in my country.
this doesn’t help americans, afaik. i believe if you are a us citizen or you renounce your us citizenship you have to pay cg.
this is massive news, good for them and the countries that follow.
does el salvador has virtual citizenship or something like that?
and anywhere apparently if it becomes legal tender in just one country.
i am packing my bags as i speak. see yall at el tunco...
if your a country that relies on another countries currency... the bitcoin is a major upgrade. getting rid of reliance on the dollar will be a big thing for these countries. but as counties try to build reserves of this currency... then all bets are off as far as price for btc
hope that this move takes el salvador and makes it a much safer place.
portugal has no tax on crypto gains either. i'll take living there over a developing country any day.
lol so many naive americans thinking moving to el salvador to save some sats is a good idea. you will be such an obvious target for violence.
straight up. your taxes are the gov creeping attempts to get more power. look at the capitol in hunger games. that’s the government class. controlling others under the guise of we know best or were the experts, when in fact they have little more than catchy phrases to throw at the problems we face. hopefully you can break free of the shackles of control and see things for yourselves. all in all great news, but like a hot new investment or development. give it time to shake out. i am sure the people there are overjoyed at the hope of becoming a mecca for anything beyond stereotypes of latin america. what is most exciting is the pressure on other latin american countries to do the same. this is a leg up on uncle sam and small as it may seem, will go a long way in providing a diverse financial environment for businesses and investors. think about how interconnected we are. my business could be mining rigs in the country and have no taxes, the salary i pay myself is taxable but also a write off, i could literally remote manage it with little technical skill or have on staff local experts who can fix day to day stuff while i’m at the pool. the solution to our problems in society is creating more free places to innovate and grow while still allowing the personal freedoms to enjoy life and liberty. which taxes are supposed to ensure we can all agree on safety and global security, not spy on our own people and offer overpriced contracts to our corporate oligarchy buddies.
go talk to someone who's fled from el salvador about violence and corruption. hint: not everyone who crosses the us.
hmm seems too good to be true
el salvador here i come!
fuck i always knew i was south american at heart
ok now this is news i have not heard in the last 48 hours.
the same guy who supports the ccp
too bad el salvador is the most dangerous country on earth with the highest murder rate. iraq and afghanistan are actually safer places. maybe this will bring people to their country and straighten it out.
let’s move to el salvador! 🦍🦍🦍
such a simple move has **millions** of people around the world considering relocating to el salvador. how hard is this for other govts to see? if you ease taxation and regulations people want to move there. el salvadors future is seriously bright.
spend 5 seconds researching the president of el salvador. spend 5 minutes thinking about the effects this policy would have if every country did it it. you may not see this as “a huge step forward”.
it’s very important to not have capital gains tax while using your body as a bullet sponge.
bitcoin is now seen as legal tender for an entire country - more countries are coming - the world is coming. patience everyone - patience! this is proof.
the speech at the conference was so moving. i literally had to keep drinking whiskey to prevent myself from crying. our financial revolution is not stopping. this is just getting good 💪
horrible idea. this is a trojan horse to a cashless society this will eventually be centralized when enough people adopt it. this is the same way they turned internet from a free speech space to the ultimate propaganda machine.
...you just have to give the government your private keys
here we go - preparing for the global taxation times in which major organizations like apple, google, amazon, facebook, tesla just to name a few of those zillion other tax avoiding companies will start pushing bitcoins and corrupt governments like this el salvadorian crooks to keep avoiding taxes at all costs. taking responsibility for the societies where they generate their revenues - none existent! supporting dictators and criminal corrupt governments - any time! it was never more obvious and apparent than these days that bitcoin without any regulation and control is just an easier replacement for them 500.
wonder if this will end up with bitcoin being linked to more illegal activity like back with silk road. moneybadger doesn’t care, but i’m sure the media will stop at nothing to paint it in the worst possible light at every chance they’ll get to convince middle class americans that bitcoin is bad for you.
my flights are booked- i love spain at this time of year, not too hot either!
to make bitcoin become legal currency, minimize the transaction fee is necessary but no tax is amazing!
ok so how do you get citizenship there ?
laser beams. is this our first bitcoin king? 👑?
let’s move to el salvador. 🙄
announcement has had no effect on btc trading price.
the new panama .
very nice !!! i go to el salvador
would a vpn in this place be profitable ?
omg this so good!
also plagued with gang violence and home to one of the world's highest homicide rates. ' plagued with gang violence and home to the world's highest homicide rates. the insecurity and lack of safety first. when they do that then they will start attracting people to live in the lovely beach houses and enjoy their tax free bitcoin profits.
nice boost for investing in south america. doesn't really help the drug and narco issues though.
just gonna say one thing. mara salvatrucha. good luck with that!
all the bitcoin whales be moving to el salvador
great way for el salvador to get out of their imf debt situation, increased independence.
hell yeah, moving to el salvador!
in portugal there is also a tax attraction, but before going to a country for events like that ... i would consult with a specialized law firm.
mo capital gains tax? some real rich people must have a lot of bitcoin in el salvador. give it a few weeks and 2e will hear about some politician who has millions in bitcoin.
i prefer my head “on”
great for crypto in general
weird. interesting, but weird.
president says that the bill he is now introducing may well become law.
great move by him, get all the big investors into your land and boom . happy days for all .
nice. hope the rest of the world follows suit
san salvador looks nice...i could see myself there
braaaa we all moving to el'salvador, 18th street here we come...
are people missing the point here? it’s not about el salvador or whatever backwater that wants some free publicity and the intricacies of moving there. the reason this is big news is that it signals bitcoin acceptance hitting a worldwide level that means there will always be a haven pop up somewhere should us, eu and china come after it hard. just like when tesla announced it had bought bitcoin, it wasn’t about the market effect of their purchases. it was the fact that a sp500 company is holding a percentage of their treasury in btc. that is a milestone of acceptance. with every milestone, the network becomes more secure and valuable and that’s not easily unwound.
it's good, good for traders.
good news! you may be interested to know there are many other countries where crypto is minimally taxed or untaxed:
it would be my first destination as soon as pendamic is over
i feel like global wealth inequality will slowly even out as btc vacation destinations and businesses pop up in poor countries and move away from rich countries.
we, as a country, should take a page out of their book. we already pay a shitload of taxes as it is. it’s starting to become theft.
lol the fact that you guys in here think this will benefit you... yea go ahead an open your shell companies now lmao. this is for the elite and money laundering capital gains they get through the year, it’s that simple.
so it looks like my business is moving to el salvador.
amazing news this was!
news like this does not have an immediate impact, but you can bet this is great news for the crypto space. give it time these things are going to compound astronomically. get in while you can.
it's finally starting to slowly happen.
anyone here either from el salvador or been there recently?
maybe i should move to el salvador. a good idea.
who else is planning to move to el salvador?
i guess not , the irs is everywhere.
moving to el salvador
it would be all too simple for the usa to simply change language of a notice if this really ends up creating an exemption for a significant number of people
i hear elon is going to mine bitcoin on mars.
i want to move to el salvador!
it seems there are a lot of counties that would welcome the crypto community with open arms. something to think about when the tide rises again.
hopefully this works out as the organization of american states is planning a coup or u.s sanctions to oust mr buckle since he has stood up against the old corrupt establishment. when you hear accusations that the guy is a dictator after cleaning house, then you know hes doing the right thing.
btw, the country has changed significantly in the past 2 years...because of the pres
what is stopping el salvador’s gangs from getting their dirty hands on this business opportunity?
this couldn’t possibly a plan to get rich people into the country and just rob them
how do i become el salvadorion?
theres already a community in el salvador that adopted bitcoin, i think as early as 2019
low key the new malta
this thread... the early bitcoin community, just like the early internet, was much better. bitcoin will follow the same trajectory.
you will be kidnappad and the bitcoin wallet passphrase will be taken from you in a very unpleasant and painful way by some crypto gang. sounds like a good plan!
i see a lot of people commenting on crime. although this is a real and valid concern, i think we have to look at it like an investment. yes, it is bad now but there are not any available economic opportunities beyond us aid, narcotics, and remittances from relatives in the usa and canada (all 3 a guess, i did not look it up). if people have a viable economy with a government that truely respects property rights, then crime and emigration should decrease dramatically over time because talented entrepreneurs will move and create local demand. obviously, its a risk to be the first in through door. but it always is. either way, i think we can all agree this is amazing news. you might see lots of smaller countries start to follow.
you guys need to watch a school house rock video or something and learn the difference between proposed legislation and a law.
any el salvadorians got the inside scoop for how foreigners could get acclimated?
this is a pure power play against the us, i wouldn’t even see this as bullish, but i’m hodling hard so it doesn’t matter either way
skipping the usd... be careful ...
the 3rd world reminding us how to freedom ✊. lol
hopefully they cannot keep your bitcoin in their country like they do when you deposit money in their banks.
bitcoin has been ramping in el salvador since 2017, we already use it as main currency in el zonte. finally getting some more posetive news. youtube bitcoin beach el salvador to get a feel for how it is working now as a currency.
this. this is why bitcoin .
el salvador is not that bad. they just had the world surfing qualifying tournament surfing man !!! championship
good stuff, are there any thoughts on now that it is legal tender i have a devils advocate question and wanted your thoughts: drug trafficker legally buys a house with bitcoin i know the blockchain is much more auditable, and the alternative would be to use usd cash
if nobody pays taxes. who is going to fix the streets, pay the cops schools etc.etc
that’s a good point that legal currency shouldn’t come with a tax.
anyone seriously considering a trip there to visit? flights from new york to san salvador are only . the surfing seems worth it alone
,0p4862 42p 0011 8504 them impact 😑😛😛
who else is moving?
if interested too earn 1btc for dm me
crypto toursim is hitting its peak
those in a position of authority should be taking notes
el salvador are a bunch of idiots haha btc to zero!!!
so you are saying, if i trade in an exchange or cefi in el salvador, i can get rid off capital gains?
it is, after all, significant. on basic concerns, the rest of the country is divided. termination funded by public funds is incompatible with the right to life. racial funding thiscriminates against people of different races. i could continue, but i'm sure you get the idea.
el salvador could become the jewel of south america over the next decade
this entire thing seems like a scheme to empower the corrupt dictatorship running the country, they have no plans of implementing bitcoin to help the people
very nice!!! this is great!!! the only problem the maras , gangs and murder rate!!! i prefer paying my taxes being alive!!
wow us is desperately trying to keep the bitcoin bubble afloat and getting it is south american vassals to pump it, yet it continues to freefall. good luck it must be terrifying if you got in at 50k+ and bet the farm on it.
this is their game. this is it. this is how places like the bahamas and other tax havens are created. el salvador is creating a bitcoin haven country, which will result in employment opportunities for their own citizens that live their permanently to do all the legal and custody work. this is a win win for everyone.
you're probably right. however you might need to pay taxes on the xfer or thistribution of profits.
is not that easy. under fcc rules the company will be considered to belong (and pay taxes like) to the country that you are resident if you are the unique administrator of it
shhhhhh say no more. let's be salvadorian residents.
isn't this kind of a tax evasion played for decades by big corporations to their advantage and the tax authorities would turn a blind eye or were helpless?
> just become a permanent residence i would like to become a trailer park.
do we need to "run" in order to avoid tax and what not? i dont think so.
which works well, unless you're an american in which case they make your life a living nightmare via their pfic rules.
there is nothing keeping anyone from incorporating anywhere they want
if it is like any other country, permanent residence is available after ~5 years of continued residence and ends once you leave and establish residence in another country. so no.
be good but soon the big countries will vote for big taxes on crytpo those who refuse will be sanctioned i guess, they are changing the taxation for the world or should i say they want to.
oooo...that sock puppet is now really pissing on da cia... jackels r boardn blk helicopters as we speak...
maybe i'm not understanding the point. if you want to turn your bitcoin into fiat and bring it into your home country you're going to have to pay taxes on it. if you're just going to spend the bitcoin, you could just do that without a haven. the only benefit i see is if you're willing to launder it or jump through super complicated (and possibly very expensive) loopholes.
wait, but the irs gnna be up on your ass when you receive a good amount of wire from el salvador lol
so el salvador population to the moon? where can i buy elsalvcoin?
just so everyone is aware if you're a us citizen, unlike most other countries, you are still on the hook for cap gains taxes to uncle sam no matter where in the world you are unless you renounce your citizenship.
usa, myanmar, and eritrea are the only countries to impose world wide taxation on its citizens. americans will have no benefit to the taxation policy in el salvador. for example, if i wanted to live full time in el salvador because they have 0% capital gains on bitcoin… as an american living in el salvador, i would still owe the same capital gains to the usa regardless that i don’t live in the usa. if i were anything aside from a usa, myanmar, or eritrean citizen… let’s say for example, a canadian living in el salvador, i would owe 0% capital gains across the board, because canada does not impose world wide taxation on its citizens like how the usa does, and el salvador again has 0% capital gains on bitcoin. it doesn’t matter that canada has high capital gains taxes on bitcoin for its domestic citizens in canada. since there is no world wide taxation imposed by canada, canadians have the freedom to avoid canada’s taxes by choosing to live in another country with more favorable taxes. only usa, myanmar, and eritrea impose world wide taxation on its citizens, and we have zero ability to avoid those taxes, which is pretty fucked up and authoritarian. it really sucks that the usa imposes world wide taxation. as an american, all i want is freedom from worldwide taxation, full stop. it’s not much to ask for considering every other country in the world does it that way. (aside from myanmar and eritrea). for someone like me, renunciation of usa citizenship is the only practical solution to avoid unfair and unjustifiable world wide taxation.
say hi to ms13
you mean pack your bags...?
you ever been to el salvador? ever been to south america? know what mara salvatrucha is? good luck buddy! have fun in your third world country.
and the intelligence levels of both california and el salvador rose.
that's not so easy, the irs can simply issue a new notice and choose to change their justification
highest murder rate in the world. have fun!
yeah who wouldn’t want to live under a corrupt dictator who picks his own judges and launders money.
your wife’s name? natoshi sakamoto
or portugal, or belgium.
but el salvador is closer to me!
but you need to learn german to live in germany. come to malta where the official language is english (and maltese) and capital gains are 0% :)
what the fuck did you just call me?
or balls. if my balls were large enough id look into it
this helps countries to develop at a faster pace, so it’s a great incentive.
surprisingly expensive. you can get a nice place in florida for only a little more if you're looking for a beach condo
i’d actually be scared to walk around with my mobile which is linked to binance. someone pulls a gun on me to login my binance to transfer my 5 btc to their account or they shoot me dead. what would i do
cool, now i just need an annual income of 500k or more.
if you’re going, el salvador is central america, not south america. hate for you to fly too far south ;)
can you tell a bit more about how you're suggesting not renouncing us citizenship but getting out of the taxes? even andrew himself had to renounce, the us is the one country that sees you as tax cattle and nothing more no matter how long you stay away or even if you've never been there
is this something you do? can i remain a us citizen?
this is what's wrong with the world.
his play was probably just to move personal assets into btc and have friends do the same, then use his title to try to pump the price.
it's seems logical but hey who knows with gouvernement! better make it clear
canada still has exit taxes. basically they treat it as if you sell all your assets the day you leave the country.
ok next bear market everyone renounce your citizenship - at least do it at the bottom
> i believe if you are a us citizen or you renounce your us citizenship you have to pay cg. "land of the free", kek
> i believe if you are a us citizen or you renounce your us citizenship you have to pay cg. when a u.s. national renounces their u.s. citizenship, if their net worth exceeds a certain threshold then they must pay an exit tax. otherwise there is nothing to pay, no capital gains tax, just the admin, which admittedly can be pretty high.
i am offering a virtual citizenship to virtual el salvador. for just one east payment of , i will send you a vr headset that you can use to visit your new virtual homeland.
and decriminalized drugs. portugal knows how to party.
i am salvadorian, live in germany, i got no crypto tax at germany, and now no tax at el salvador. the circle is complete.
it is not anymore, it has lowered significantly
lol millions? i'd love to see the source on that. i'd be surprised if even thousands of people *actually* moved to el salvador, soley because of this policy change. consideration and follow-through are two very different things. i *consider* giving up most my possessions and living a hobbit lifestyle, basically every single day.
really now? millions want to go to the country with the highest murder rate on the planet? go ahead bro lol...
the people of el salvador seem to be mostly very positive on their president, despite the mainstream media framing him in a negative light. now, this could get ugly if more countries decide to follow their load. the us does not like seeing their dollar dominance slipping away.
daily homicides have gone from an average of 15 to 3 from what i hear and it is only going to get lower. we should be cheering on this reformation, not making fun of it.
yes, the us dollar is known for being about violence. glad to see people acknowledge it.
no, going where you're treated best. money laundering is what the treasury does when the fed creates money out of thin air and gives it to them and they give it to their friends and family as govt. contracts. double evil when you realize we, the people, have to pay those bonds(ious) the treasury gives the fed back--with interest. that's like a hooker forced to pay you for sex--double screwed.
hi i’m the government may i have some more, keys😂😂😂😂😂😂😂
how would a vpn in el salvador be in any way related to this?
get personal security, guns, bullet proof car, and it is alllll good.
we prefer 'mad max fury road'!! to valhalla!!!
it is exactly this
oh shit that’s so interesting. damn, i sincerely hope this is how it works out. the people of el salvador could use a break and bitcoiners could use a safe haven haha.
a bitcoin haven doesn’t compare to countries with no capital gains tax. why restrict yourself to crypto?
it's certainly a win for crypto but i wouldn't consider tax havens a win for everyone. we have taxes for good reason.
the world does not need more tax haven bullshitery. this is a win for the 1% and a few salvadorans.
yeah all the people in those tax havens are really living the dream 🙄
so maybe a crazy thought and i’m no expert right, but what will happen when all 21.000.000 have been mined and are in circulation? what will happen then?
>this is a win win for everyone. except the federal reserve 🙂
clearly everyone wins when you create tax havens guys!
it does not mean any of that at all. opening a shill company somewhere to hold assets that are going to be taxed does not mean it will create jobs. there are buildings in the islands that have hundreds of corporations crammed into them, yet they do not create more jobs. that's because us corporate lawyers are capable of learning the law for other countries. and same with accountants. this is literally a play for el salvadoran leaders to hide their wealth in btc and not get taxed.
yes another way for billionaires and big companies to launder. win win for everyone indeed.
tax havens are a win? haha great man
lol. have you ever been to a caribbean tax haven? it isn’t locals doing the work save for a very very small percentage. staff tends to be first world professionals that have relocated.
this could be the way.
really a win win? if a bunch of rich people that don’t pay taxes get apartments and never go back… who wins? the locals who can’t afford to live there anymore because properties sit empty from out of town tax haven people? i ask because it’s happening where i live and there’s a study that says it’s brought in 0 growth, just a big negative with people taking… but it’s not going away… and it’s already part of the usa haha good luck to el salvador with its endeavor. as an independent country it can definitely try more moves, more freely.
and live under an authoritarian regime? if you want a safe haven for your crypto, portugal is the better country
tax evasion is not a win win for everyone.
employment opportunities? as someone who had legal oversight of offshore companies in bermuda, canton of schaffhausen, ch and cork, ireland, i can assure you that tax havens require no more than legal representation in country and a mailing address. this is more like a panama play where dirty money can be laundered.
the company can buy property anywhere in the world or pay for any business expenses and the company only needs to deal with the local goverment.
time to renounce my citizenship.
even then, you may need to pay an exit tax higher than the capital gains tax you would have paid
what if i'm a corporation?
> on its citizens you can have a non- sole proprietorship.
> as an american, all i want is freedom from worldwide taxation, full stop and healthcare pls
> only usa, myanmar, and eritrea impose world wide taxation on its citizens, and we have zero ability to avoid those taxes, which is pretty fucked up and authoritarian. claiming there is zero ability to avoid them is not quite true. if you spend a certain time outside the us per year remote working to a us company or to a foreign company you can get exempted for over 100k . i've done this for the last 5 years. every year but 2020 i've avoided 100% of my us federal income taxes. still pay fica taxes though.
because gangs don’t exist in california.
ms 13 was “founded” roughly 1
beem to el salvador a lot, only ms 13 thing i saw was a tagging on a tombstone. lay low dont wear flashy shit and you will be alright. anyway ms13 originated in los angeles. . .
did you just call californians smart and el salvadorians dumb?
and who would't want to move to the country with the highest murder rate on the planet? it just makes sense!
a chicken can not marry.
my brother lives in belgium and has tax, belgium is not my taste. i live in germany and got no tax, also germany is a good place to hodl gold. i was born in el salvador : p this is important because el salvador has no currency, we use usd, which is paper toilet, and previous corrupt goberment and bank elite dug us in this hole. creating a new currency is gonna be painful, other goberments of central america are idiots and cannot come up together to create a common currency, like the euro, i think btc is nice try to start to break up with the dollar.
if your balls were crystal i'd look into them
the place looks like a bit of a shit tip ngl, mark my words in ten years it will look like the america's monte carlo.
unless it feeds into corruption
you just die - because they will shoot you anyway or take you hostage for more ransom. all these people think el salvador is some haven, lemme tell you my cousin's 4 years living there as an expat's son - he could not walk around without the protection of at least 6 bodyguards but also he was not allowed or it was not suggested he go through certain or any other neighbourhoods because they did not have any deals with the gangs in those areas. wait for another country lol.
if you're storing your bitcoin on binance, you're doing it wrong.
maybe do not keep 6+ figures worth of btc on an exchange account?
i saw that just now browsing their web site. also they invitied roger fucking ver to speak at their conference. fuck that.
everything south of us is south america, but also not americans. we're pretty self-centered.
start a company abroad, company is not a us citizen, doesn’t have to pay taxes. you pay taxes on the money you take out. don’t take money out, marry non-us local citizen, employ in your company, that one takes money out.
you don’t have to renounce, correct? you can start fresh in any foreign country, keep your citizenship, and canada will not tax you on anything more going forward, yes? usa citizens have no choice but to renounce, if they want to be treated fairly when living abroad going forward. i hear you though, exit taxes suck, regardless the context.
i know lmao. i can’t even leave without getting fucked.
freedom does not come cheap
what’s the threshold? i remember thinking it applied to me and i’m not that wealthy.
nah i mean winnie the pooh’s party
[i'll just leave this here.](
hard pass from me. i just retired from a career in dhs. i’ve spoken to people who have been there for “business” and spoken with migrants from the third world shithole. hard pass.
i think he is speaking to the incredible amount of violence in el salvador
they will still have to pay taxes in the usa if they are us citizens.
they are our saviour!
no, pay your taxes. i like living in a functional society
oh shit that’s so interesting. damn, who woulda thought crippling regulations and arbitrary rules made by elites behind closed doors hurts the economy more than it helps haha.
yeh... this usually happens in places considered tax heavens. corporations come there because of good taxing conditions and people get good jobs and increase their wealth.
that’s certain a valid argument, but reality in the world we live in is that tax arbitrage (and other kinds, such as privacy and legal) between countries is a very real thing. this is why yellen is trying hard now to bring the g7 together to agree on global minimum tax rates. my point was solely that the win win here is the employment opportunities for el salvadorans and more capital flowing into bitcoin, which is good for any hodler. debates about global minimum taxes and standards are fine, but i leave those to the economist and politicians. i’d argue that even if they make the rich a bit richer, it allows el salvador to create a new industry that will help their people climb out of impoverished situations. rich countries (switzerland, netherlands) do this, so why not el salvador. this is reality.
i love it when my taxes help to bomb the fuck out of yemen. such a good reason. or when they do not go to fix our crumbling infrastructure, or education system. or when the pentagon "loses" trillions of dollars. oops!
what exactly does capital gains tax pay for again? our over inflated military budget here in the us? or does it cover our shitty infrastructure? yeah, really good reasons. government is so efficient, let’s give them more money and power.
this is something anybody can do. you don’t need to be in the 1% to own a company. but hey that’s why they’re in the 1%
good thing you do not know, or get to dictate, what the world needs more of. but carry on with your control fantasies.
but the end game and point is money in your own pocket and once that happens all us citizens abroad are subject to income taxes past a certain point on salaries and other forms of compensation.
also take in mind if you have other assets besides bitcoin (including bitcoin if the government knows how much you have) , you will be paying a capital gains tax on them as well when you renounce, as a sort of exit tax. your best option is puerto rico as an american, or a state with only a federal capital gains tax.
go for it! it's not easy though, naturally.
apparently renouncing citizenship has gone up recently
this is so ridiculous. people from el salvador literally give everything they can to come to america. but yeah you’ll renounce your citizenship and move to one of the most dangerous countries in the world just to save a few sats.
if you are exciting with bitcoin there is a very good chance that the government does not know you have it, and would only pay the exit tax on your public assets.
yep for sure. i think this might only apply to people who exceed a certain net worth threshold though.
not sure hopefully someone with more expertise can chime in. i only know the above because i've already looked into it for myself haha.
please share more details. i have tried to figure out how to do this, but i did not find a solution that was possible. where do you setup the company? off shore? delaware? where? how can an american actually practically set this up and be able to buy's capital gains taxes? if you have any resources, articles, videos, or anything you can share, that would be incredible. cheers.
you are thinking of the foreign earned income exclusion (feie). but that is only for “earned income”, aka wages, up to ~. capital gains (like trading stocks or cryptocurrency) and passive income (like rental property cash flow) is not earned income and does not qualify. you are taxed on these funds to the fullest extent regardless the origin of these funds or if you live in another country. uncle sam demands his cut no matter what. the only way to be free from this nonsense taxation policy is to renounce.
yea but mostly only really bad in certain spots. not everywhere like in el salvador
visiting, is much different than living, my friend. and the "lay low, do not wear flashy shit"... yea. that's no way to live. where you cannot enjoy your hard earned cash on the things you want cause of fear of getting robbed or killed? that fear, most people do not know exists, and it is a huge culture shock for them when they move to an undeveloped country like el salvador. the poverty everywhere, the insecurity, etc... yea, most people who are mining bitcoin will not fucking survive a week, let alone enough time to see their money's worth. and then what? you gonna buy a lambo and drive in the streets of san salvador? lol! honestly, i'd love to see this social experiment, and watch it miserably fail cause people have no fucking clue. no fucking clue.
i guess they are saying op is dumber than californians but smarter than salvadorans. a brave assumption.
oh wow you’re right about that. they have the most this year per capita. people are so blinded by greed.
there is no capital gains tax in belgium, but otherwise it is like most other places, with taxes on income, property, etc. el salvador's decision to ditch its sovereign currency in favor of the dollar, that removes the problem of the local currency depreciating against the dollar, but it puts the population in the same boat as everyone else who uses the dollar, at the mercy of the fed, with spending power drained every year through inflation, and subject to u.s. monetary policy which might be completely inappropriate for el salvador. i was already intrigued by the bitcoin community in el salvador and this latest development, el salvador's decision to become the first nation on earth to recognize bitcoin as legal tender, it is a bold move. i have mixed feelings about it. part of me wants to retire to el zonte tomorrow. but i would hesitate to live in el salvador, i would be nervous about the corruption and violence there. also i doubt that the u.s. will tolerate this latest development and as others here on the forum have been saying i am afraid that the u.s. will very soon decide to impose freedom upon el salvador.
if your balls were lollipops i’d lick them.
> he was not allowed or it was not suggested he go through certain or any other neighbourhoods so just like many major cities in the u.s.
and 5 of them no less. i have 0,04 and in a cold wallet.
ahhhh ok ;) does this take into considerations trump's introduction of those cfc rules? those really screwed things up. basically, i guess you'd have to also take on the risk of not even owning part of the company... but nevermind the marriage bit is already not an option for many heh
> start a company abroad, company is not a us citizen, doesn’t have to pay taxes you are already wrong. if a u.s. national holds a majority stake in a foreign company then that company becomes a "cfc" (controlled foreign company) subject to u.s. taxation. you are talking out your ass.
that means having to get married and risking half of your assets... or more.
i thought you always paid us taxes as a us citizen
that is correct unless they deem that you have substantial ties to canada. basically if you sell your home, and vehicles, and you don’t have a spouse back in canada then your are safe.
you are subject to the exit tax if 1) your net worth exceeds ) your average annual net income tax for the last 5 years exceeded ~) you neglected to file your returns properly for the last 5 years.
hope the party has drinks and chicks.
the attorney general he outed, melara, had ties to large corporate telecom and commercial law interests and no background in constitutional law or human rights. he also had ties to arena. bukele, the new president, used a show of force during a congressional vote because his opposition has ties to cartel and has a history of open carry inside congressional sessions. the us was backing the former attorney general and i dont think i need to tell you the us has a long and dark history of meddling to prop up governments that align with the dollar systems best interests. over 90% of the population supports bukele's actions because even though the western media is painting an opposite picture, he is ousting corruption. i have spoken personally with several el salvadoreans in the last 2 days who all confirm what i am saying. homicide rates have dropped from an average of 15 per day to 3 per day since bukele took office, he has revitalized the surf tourism, and his people love him for it. people who call other peoples home a shithole are angry and sad people on the inside consumed with tribalism. i'm sure when your friends were there for business, it was not the greatest, but since 2019 it is been getting better fast.
yes, caused by the us dollar. i know what he is trying to do. bad thing is now the feds are going to really try to destroy the country. first isis magically appeared in the philippines, we can expect an appearance in el salvador now with huge media coverage.
just saying. they've been in a constant state of turmoil since like the 80's. first the civil war, and then the gang wars.
we are all contemplating bro haha, it’s gonna be like miami bitcoin conference except we all live there whole year round
do it. you'll make a million on bitcoin, pay no taxes, get kidnapped by mara salvatrucha, lose 3 fingers and 2 toes, give up your password to your btc account, get chopped up and never seen again.
dude. el salvador sucks. people die so much
visit the country beforehand.
there are some hot sluts there. 🔥🔥
its one of the murder capitals in the world
yeah sounds like a really great place to live...
...but it is interesting is not it. if you incorporate in el salvador and run a company that does not turn much of a profit but hodls bitcoin on the balance sheet. there is no capital gains or company profits on increases in the btc. however you can have the company employ people and hold other assets. yes, that salary is subject to us tax as a us citizen but if you're fearing things like taxes on unrealized gains in the us or if there is a favourable trade-off between not having to pay capital gains vs paying income tax (i have no idea though) - the game theory on us policy makers alone is very interesting...
look it up—taxes are heavily reduced if you live out of country for 11. but that means you can only visit the us for 30 days throughout the year. this is why people who can work remotely, live in places like thailand, costa rica, or other cheaper parathises. get paid in usd, live abroad for a fraction of what you’d normally pay.
do you remember when the pentagon announced they lost trillion dollars?
i agree but i feel like more often than not our taxes do not actually go towards what we actually want in a society.
i cannot believe i had to come this far to find a rational comment like this. every get rich quick dork is here clapping and screaming about how great this is, like the. . not that fiat masters care, just print more. let the plebs battle it out in the water wars.
i think i catch your drift but our “society” can’t even agree on how many genders exist.
lol the us is a functioning society lol
yeah you sound like someone that pays taxes.
wdym by g7 agreeing on tax rates of bitcoin cg? or other taxes? because they are not unified between eu states even and there are so many different approaches they will talk till christmass. if some imf bretton woods bs comes out setting a 30% tax on bitcoin, and it wouldn't apply retroactively, nor immediately, that would be the catalyst to stock up before the tax laws are in action, no?
sounds like your problem has more to do with the output side of the budget.
all governments are corrupt. eventually (if not already) el-salvador's president will fall into the same trappings.
yeah let us not try to fix it, but instead crank up the tax dodging. surely that would harm the vast majority of people thisproportionately
maintaining the petro dollar and graft
you can be critical of both how the government uses tax revenue and how oligarchs avoid contributing to it.
"i want the benefits of society without paying for them."
as an accountant, you are in no danger of being able to afford a tax haven or a family office anytime soon. those who do, fly under the radar and do not post on reddit. find out the filing and registration fees charged by an offshore accounting firm and the legal advice costs associated. they are usually in the 100s of thousands, sometimes in the 3-4 million range for a family office. good advice does not come cheap and not something you can learn on youtube.
this is not something just anybody can do lmao
that's not really the point. the point is that tax avoidance . somebody needs to fund the government. why should you be exempt?
this is definitely something a braindead republican voter would say. edit: confirmed you're a republican. you people are pathetic.
no, you do not pay income taxes if it stays on your llc, and no, the "endgame" is not "money in your own pocket", it is much better to manage your "pocket" through a chain of llcs and never have it fall directly onto you personally.
jokes on them, i'm down on my investments!
if they are really entertaining that idea, i doubt it would be to save a few satoshis.
hope so. i'd do the research myself but lately i've been too busy perpetually gaining size to do much else. my wife is also a corporation pregnant with our second corporation and our 6 year old llc is going through a rough time gaining market share with the other corps at school.
you are likely to be required to have the corporation off shore in the technical location of the account, per the local countries law, so you will have to research el salvadoran laws on the matter. it's likely you will have to have a residency visa (though at a glance this does not seem to be the case in el salvador) in order to create a corporation, as that is the case in most of these countries. it's worth noting that you will probably have to pay some fees and get some sort of legal partnership in the country. heres a link on el salvador, i have not done this myself, but i've looked into it a few times, you should not expect it to be free, you should expect yearly costs and it is probably not going to be worth doing at all unless you are looking at more than . practically speaking if you run a corporation in another country that does not pay you anything it has nothing to do with your taxes in the us. you will still have to report the accounts to the irs if they are in your name, if you own them, or if you are the authority controlling them, but keep in mind reporting here does not mean paying taxes. though it is worth noting that there is laws coming up this year that may impact this
im trying to figure out the downside to renouncing. like i could see if the us had single payer healthcare. or like good retirement or some sort of benefit. what is it that we'd give up again?
> you are thinking of the foreign earned income exclusion of course thats what i'm thinking of. i posted the link from irs with that clearly in the url for pete's sake. it not like you have to make yourself sound more familiar with it than the irs link i posted that refers to exactly that in the name. i'm extremely familiar with what it the exclusion is and what it is not. you however made a general claim that is not completely true or at the very least misleading. "only usa, myanmar, and eritrea impose world wide taxation on its citizens, and we have zero ability to avoid those taxes, which is pretty fucked up and authoritarian". there are certainly exceptions to what can and cannot be excluded but someone reading that would be misled into thinking the us always makes it impossible to avoid those taxes. it should also be noted you can also reduce that you owe uncle sam in foreign owned capital gains or foreign dividends by taking credits on what you paid in the foreign country on those gains so again in certain cases you have the ability to reduce what you owe uncle sam even on certain income types you normally wouldn't be able to.
have you lived there before?
kinda like st louis missouri though just sayin. or baltimore, which has about 30% or more people than el salvador.
i mean at the rate their coming to the us it would not be too different in too long.
it's not even close lol, look at their murder rate compared to western countries. it sky high. fuck look at their murder rate compared to other dangerous countries, they still come out on top.
there we are born poor, life is hard, we learn to think that everyday might be the last, this could be another burden, but we can do it, the most dangerous enemy is the one who has no escape and nothing to lose. the president has support, he opened channels with china and rest of the world past months. we love america, but who wants to live the whole life from charity, sometimes as a slave from the nationality?
oh mr. mc smarty pants is here. why the fuck do you need a majority stake? do you actually want to run a business or are you creating a fake vehicle to fucking avoid taxes? go find two fucking other people in the same situation, it’s not that hard. pro tip, they don’t have to be people, other corporations do it too. their entire business model is to hold 2. but i guess you are poor, so you never heard about things like that.
yeah surely renouncing the citizenship is the cheaper and more worthwhile option if one is even playing in this domain
you usually pay the difference between the local tax and the us one.
if i were canadian, i wouldn’t have owed any taxes on capital gains for the past 3 years. but i’m american, so lucky me. 😭
yeah i hit the second condition, rip
i am also from el salvador and people are still getting murdered and kidnapped. the drop in crime does not coincide with the presidents "heavy hand" approach. it has to do with the pandemic. in actuality crime is steadily going back up to its originals numbers as the country opens up more from the pandemic. the people who trust and believe this narcissistic president are the same ones that bow down to trump whenever he tweets. he is our trump but slightly worst because he has full control of congress.
i'm a salvadorean and i confirm what this guy just said. we are basically signaling the world we want to improve our country and to stop tolerating the previous rulling bs.
isis appears wherever their pay masters want them to appear!
gotta think about safety though. i'd stick out as a target and i've read at least in mexico which is actually one of the safer latin american countries, cost of a human life can be as low as . so think about desperate people seeing a white gringo family moving in you'd have to take security extremely seriously and honestly i'd only feel truly safe if i knew enough spanish to build relationships with locals; there is probably certain safer neighborhoods but i still think i'd wait for some of these regions to stabilize more before ever considering a move.
lol no. well, yeah cheap homes are cheap for a very good reason. a nice house to live goes around 115,00 but trust me you dont want to live there:
there has been a remarked improvement recently. time will tell if that sticks. you'd be braver than me if you want find out first hand.
yeah ms13 and wrench attacks would be my only concern. but it sounds like things are getting better.
not anymore think new austria in 20 years of the new world.
el salvador is awesome and the president really turned things around for his country, regardless of the sentiment that surrounds him. still can be a bit dangerous but i’ve seen plenty of tourists that ended up staying there
people die here as well. it’s what media feeds you! don’t be a sheep
have you been to or experienced el salvador?
and they accept btc.
that was resolved by printing 15 more
cost of living in a *civilized* society!1!
kinda of, it was hard to concentrate when they started dropping bombs on iraq the very next day.
then fix government to make it more representative, efficient and forward thinking. the solution is most certainly not to avoid taxes and abolish government.
so btc is the currency of water world, interesting.
does that matter when it comes to taxes and how they are spent or just caring too much about what social protections people get?
> how many genders exist very. edgy. indeed.
isn't that the part that should matter the most?
it's pretty fucked that you go to jail if you stop helping pay for war machines
thanks for putting words in my mouth
if the majority of people would be harmed by bitcoin suddenly losing all its value, then there are larger problems to deal with. i assume you are claiming that the majority of people being harmed by a bitcoin tax haven means that they were dependent on the capital gains tax on bitcoin. therefore, if bitcoin was worth nothing, they would get nothing, and be harmed.
the benefits of society don’t come from government.
question for an accountant if i may, can crypto loss be claimed on tax for some tax return? is it ? also does the whole loss have to equal ?
> those who do, fly under the radar and do not post on reddit. why? because they are not humans anymore ;-) ?
just open a company in el salvador bro it is easy
why should the value of an asset you are holding that is increasing in value pay for anything? if bitcoin was worth ,000,000 or ?
the government can print all the money it wants. it does not need to borrow from private bankers (the "national debt"), then take our money (under threat of violence) to pay the interest. i pay my taxes but not willingly. i do so under threat of violence, and i do not consent. as a matter of fact, i object strongly. "voluntary compliance," my ass...
looks like the us owes me tree fiddy.
i appreciate the response. honestly, it just seems easier and better to just renounce. dealing with all of these loopholes isn’t easy. it’s costly even if done correctly and leaves you vulnerable to even more costly mistakes if you slip up. i’d rather have the peace of mind to just be free of all that bullshit.
there isn’t a downside unless you want to live and work in the usa. if your plan is to not live in the usa, it’s almost always better to renounce usa citizenship, assuming you have the option to have a good citizenship as your alternative.
the simple point that you are not grasping is that i, as an american, cannot live in el salvador and buy. the same cut he would have taken if i lived in the usa. if i were a citizen of anywhere else (not usa, not myanmar, not eritrea), i could move to el salvador, and trade bitcoin all day with zero tax consequences, because all other countries do not impose world wide taxation on its citizens that choose to live abroad. that is why the usa is authoritarian when it comes to treatment of its citizens that choose to be expats.
these people, as a rule, do not venture far from their trailer parks.
oh, that is right. i forgot about the *caravans* of gang members headed to the border.
by the way, using usd is not for free, if i remember well we pay over 100 million to usa for that privilege every year. our country gdp is like a billion, so this is all retarded.
that's what i thought edit: err i thought it was something like that i mean
really? that's unusual, to hit the second condition, and not the first. most people who pay more than . anyway sorry to hear that.
data? there must be some bigoted tweets or examples of him being like trump that you could share? i already covered his show of force so do not post that again.
hi bro, you just have to move to a place were criminality is almost zero, there are gated comunities, or you can live on some non urban place, and enjoy your life. i live in honduras btw.
mexico is not even in the top 10 safest countries in latam. chile, uruguay, argentina, panama are all safer
shit i seen people kill for less in my pa neighborhood. but your not wrong about the price to get someone taken out. but why would someone want to spend 500 usd to take you out did you pisss of the wrong gringo. most mexicans do not even make 3 dollars a day so saving up 500 usd to get rid of an annoying gringo is too steep a price.
paying tax with your life is indeed not a good alternative
kidnapping for ransom and other terrible things are common in central america...especially any gringos...it is generally assumed that they are rich or wealthy, etc.
el salvador has many safe zones, if you can afford it and for other country people the price of safe places in sv are a joke. also tourist places, big markets, good restaurants, beach etc are safe, as long you dont go living in a low end place you will likely safe. in general sv people are super friendly with foreigners
i really hope that is not usd i bought a house in the riviera maya in a private neighborhood with a pool for only 950,000 pesos, less than 50,000 usd. shit for 115,000 usd i can buy a house in playacar( wealthy neighborhood full of expats and rich mexicans).
i'm definitely not leaving the usa, unless shit goes **really** wrong. it's actually a pretty fucking sweet place to live as long as you've got money. and i was born with a whole fucking **dozen** silver spoons in my mouth. hell, it was really more like an entire silverware set. i get paid a six figure salary just to exist. trust fund life.
> criminal activity should be measured per capita. absolutely. and in 2015, el salvador had **the highest per capita murder rate in the world**.
yep, i’m in chicago and just last night 8 people got shot. good luck surviving 1 night in south side. of course if you are in northwest suburb or 20 miles away from south side, it’s perfectly fine. you can go jog at night.
yeah i've looked into it in the past. el salvador is high murder due to gang related violence, which is not that different than america. don't go to stupid places and you should be fine wws the basic takeaway.
if you are a gringo in el salvador, you are a target for robbery, kidnapping or worse, anywhere in the country and it is your local handlers who will sell you to the gangs. you better come prepared to pack some heat (illegal but better than dead).
> why you guys are spamming the thread with ms13 shit? because they live in a permanent state of fear. you would have seen them posting never-ending streams of the raging firestorms about portland that killed hundreds of people and forced all commerce to a standstill in oregon last year*. they are junkies for the drama. if it confirms a bias, it is as good as gods truth. \* didn't happen.
\> criminal activity should be measured per capita. okay. el salvador - intentional homocide per 100k: 52 (40-70 range past decade) new york city - intentional homocide per 100k: 3.4 (3-5 range past decade) ' uhh, no thanks el salvador. [ [
dude. there are tanks that can take out police. lol it is not the same as two gangs shooting guns.
they’re in your area!
the president of btc, i mean el salvador.
the u.s. government is working as intended. i do not know why people have not learned that yet.
> then fix government to make it more representative, efficient and forward thinking.
hey i like that movie 😂
of course it matters. the entire country is split in half on fundamental issues. tax dollars for abortion go against the right to life. funding for specific races is racist towards other races. i can go on but you get the point.
no one gives a shit what someone wants to be called. they give a shit when they are forced to use specific words. if you can’t see how that goes against the rights of the people then sit the fuck down and stfu.
yea but idiots really think that the money from taxing jeff bezos more is going to go into education and roads instead of the military and corrupt local officials’ pockets. look at how much sf spends on their homeless population or how we lost ’s (nyc mayor) initiatives
yes, but it is thistinctly separate from the input side.
lol. let's see if any statists are brave enough to respond to that and confront their control fantasies...or if they will still try to simultaneously thisparage bitcoin as harmful speculative gambling which should not exist because muh electricity usage and the price should crash; but also claim that society would collapse if the government cannot get tax revenue from capital gains on bitcoin.
i'm not saying that the majority are dependent on capital gains tax, but i am saying that allowing the wealthy to cheat the tax system is unfair to the middle class.
society and government are one and the same.
i'm aussie so cannot comment on us law. generally there is no limit to how much capital loss you can claim as long as you have the receipts. also if crypto is classified as a capital asset, it can only be offset against capital loss, not your general taxable income such as salary, interest, rent or business or trust thistributions. as an example, you sold a house and had a capital gain of 100k. that is the capital gain against which the crypto loss can be offset. you could offset say 50k worth of crypto loss against the 100k capital gains from the sale of the property and only pay tax on the remainder 50k. usually there would be a thiscount on the capital gains too if you have kept the asset for a certain period of time. in australia, you get a 50% thiscount if you keep the asset for 12 months.
have you opened yours yet? care to put together a guide for the rest of us?
oh shit bro i didn’t know it was that easy. thank you very much. i’ve already made a billion dollars thanks to this one helpful tip!!
do you understand the purpose that taxes serve? taxes basically (ideally) represent a service fee for the economy. the government takes x% out of the economy in order to pay for things that (ideally) help the economy grow, while also protecting people from the market failures and problems that arise under capitalism. bitcoin is a part of the and people should forego a portion of the value that bitcoin generates, so that the government can do things like help build the internet, which they did through direct research and grant funding in the late 20th century. there is no reason why bitcoiners should get special exemption. bitcoiners might be able to successfully evade the irs (we'll see), but those people are only cheating the rest of us who have to foot the bill. it's weird how many people here are extremely opposed to paying taxes. as if they can benefit from the system without paying it forward, back into the system. meanwhile, these are the same people who complain about government debt. absolute cognitive thissonance.
thats called a "wash sale" and its illegal. wait at least 30 days to buy back if you are going to use it to offset your losses.
kinda funny how folks are leaving "the land of the free" in search of true freedom. ya where pretty free, where also pretty not free.
> the simple point that you are not grasping is that i, as an american, cannot live in el salvador and buy. where did not i grasp that point. i do not thisagree with it anywhere . quit lying to try to make an internet argument go in your favor. just showed this to my cpa and he suggested i stop taking tax information tax code from anonymous people on the internet seriously. they often see the need to argue with capital letters to try to back up their misconceptions and misleading claims. have to agree.
i’m pretty young - will hopefully hit the second condition in the next few years.
oh ok things change constantly i just remembered lots of armed officers everywhere i went but maybe just a touristy area. surprised me they all had submachine guns im not a big gun guy but i spotted a guy with basically military gear outside nearly every restaurant or bar we went to and it adds to the sense of safety
i did not mean that i'd get assassinated i was using it to illustrate how little human life means to desperate people. like you said you can get killed for shoes or a jacket in parts of the us, the thing is those danger areas and people are more prevalent in el salvador and much of latin america. like southside chicago being pretty much everything outside of the big touristy safe areas, and even there walking at night without a group is sketchy
that's us dollars. i strongly suggest you to research about real state. btw nejapa, apopa, mejicanos are known for "the death triangle".
yep. i live the same way with trust fund payouts. it would take a whole lots of change for me to leave.
must be nice. meanwhile i’m paying . not trust fund life.
weirdly can be also a good thing to have a recent history as a reminder. kind of like the safest place on earth from a terrorist attack is the place of the last one but day after it happened.
didn't it drop recently?
that was 6 years ago. it has decreased by 75% since then.
kinda a stupid question, but why do not the gangs. i'm assuming those suburbs have constant police patrols or something? same question really goes for any urban hub, i've always wondered why the groups who already have it rough just fight amongst each other and make it harder for all of themselves. it's like a small-minded mentality thinking the fish bowl you're in is the whole world and not seeing the enormous aquarium outside of the bowl.
hell even if you hire a local security detail they will probably sell you out thinking if you're rich enough to hire them it is worth it. you'd need hand selected ex-us special forces and at that point your expenses are obviously much higher than just staying in the us
i'm a pasty ass gringo and i've been to el salvador many times. it's like anywhere else, as long as you're with locals or you know the territory, you're completely fine. i've been to neighborhoods in toronto and detroit that were way scarier than el salvador, and i stay in the so-called "valley of death' whenever i go down there.
you speak as if the us is a safe place... criminals are everywhere. like someone said in a comment the media and sometimes the proper ignorance of natives of these countries make it look so bad when actually is not like that. i've lived in honduras for quite a few years and i have never been robbed thank god, i've done volunteering work i've been in very bad places and nothing has happened, i've taken public transportation. i live in a gated community and here you live life freely. walk your dog, go jogging etc. you're taking your conclusions based of news from neighborhoods like brooklyn or the bronx. i'm from europe if you wonder.
i’m sure there is a nice rural spot those dickwads won’t bug you
where did you go or stay?
not with biden running it
the government can always be working better or worse. there's always room for improvement and improvement is what we should always be striving for. not striving to avoid taxes and bankrupt the government. despite what a bunch of a cringe ancaps believe, we need the government in order to facilitate public services, protect a broad coalition of societal interests and service public goods like safe drinking water, clean air, roads, etc.
taxes to law enforcement is also funding against the right to life by this logic. did you like it *better* when we just did not acknowledge that funding was for one race and not others?
if you withold from input, output will change.
or i can be a pro-crypto statist because i believe traditional financial institutions are generally enemies of the state. i do not have a problem with bitcoin (other than limited potential for defi development). i have a problem with shell companies in tax havens.
that’s where you’re wrong.
see over here you can only claim , in your stocks. if the loss was higher than it transfers to next year and so on. but i’m not sure with crypto. also, if you don’t trade for 12 months you pay 15% tax, if you trade within 12 months than tax is 30%
googled it, . but in australia sending btc to a company is a considered thisposal and a cgt event
you are missing my point. it is more of an issue with capital gains tax in general, and your statement specifically. if you flip things around and start with the government needing the money and figuring out where to get it (instead of starting with who is paying), then having government budgets that are dependent on assets increasing in value is strange. imagine if you only taxed capital gains. one year the government might get a lot of money and the next nothing, depending on the strength of the stock market or bitcoin. historically, it is productive gains that have been taxed. if you increase the gdp then you have created something and added value to the economy. taking a slice of that increase seems the most reasonable, as it is an actual increase in product. there is something to take. sales taxes represent real consumption. you buy something to consume and the government gets a cut. things you consume were produced and added to the overall economy. but capital gains tax is a tax on magical money that was created from nothing. nothing was produced, and yet somehow the government can spend it. obviously they can, as can anyone, but it is strange to suggest that without it the government would collapse and people would suffer. if people keep producing and consuming and economy keeps chugging along, then you should not depend on assets values to keep things going.
does this apply to cryptocurrencies? i know they apply to stocks, but i'm not sure if cryptocurrencies.
so right now i do it because of the regulatory unclarity around what bitcoin is defined as. if there was agreement among all agencies, i wouldnt do it, but im at the point where i am okay with fighting it in court and making my case. im going to delete the above comment because its actually bad advice in hindsight. thanks for pointing that out !
so not sure why you ever responded in the first place in an argumentative way, since you concede that what i wrote is correct.
personally, this would make me feel a lot less safe, actually
i'm not currently interested in the salvadorian real estate market but if those are the prices i see why it is not a lucrative market. i'll stick to the rivera maya market.
i was talking to a guy in r. his whole strategy to travel on the cheap was exactly this. he would look for deals wherever something tragic just happened because everything is on sale. i can confirm, i went to bali years ago after the airport bombings they had. hotels were practically free.
definitely high. can confirm.
per capita means an average per person in the population, meaning it averages the areas out. jfc dude, take a hit and go to bed
because gangs do not exist to go and rob rich white people. gangs are for protection so they can operate their illegal businesses as obviously there is no legal recourse when things go wrong. sure poor kids will sometimes travel to wealthy areas out desperation or boredom but overall like anything else folks tend to stay close to home.
i’m interested to see the replies to this, always kinda wondered that myself. in st louis mo downtown has rich areas where just a street or 2 over drugs are being ran it’s crazy
> but why do not the gangs. rich people can probably afford defence. defund the police and other leftist policies hit the poorer people the hardest.
nah dude, not all the suburbs are rich people, sure you have them, but most suburbs are normal mid class people that live in townhouses, apartments and yes also single family houses. why would they come here.
that's the reality. the ideas that gringos will be building first world enclaves in el salvador is risible. even if you hire enough ex us army bodyguards, then you have to deal with a racketeering government that will take over your property or business at will. no thanks. if i'm rich and need a tax shelter, i'll stick to switzerland or the caimans for now.
once people in el salvador know you have money, specially the government, you'll be a bigger target than a backpacker gringo. you may have bigger issues with the government thugs than the local street gangbangers. basically government racketeering. even in mexico, which as bad as it is is much safer than salvador, successful gringos have had their properties stolen by local government officials and no one does anything about it. heck a local governor in guerrero had 43 students tortured killed by a cartel because they "thisrespected" his wife.
this will put gringo investors on the hook with the biggest criminals in the country: the government. you do not pay their bribes. no worries, they wills end a gang to rape your wife in front of you and then kidnap you for ransom. a poor backpacker is one thing they can ignore, but gringo bitcoin investors will be considered walking atms for corrupt government officials. then pray that this government stays in power and the communists do not take it all away.
no. they own most of el salvador
capital. like mexico usually the safest place with most police force.
aww you still think it is about political parties. good lil sheep.
i tend to see this government (and country by extention) as a glass half empty. this country was founded on the brutalization of the "other" for the benefit of the rich. as that brutalization of the "other" has lessened domestically, it has grown exponentially internationally. so while you might think there is been improvement made, i just see that the evil has shifted. you cannot have good roads because the money is spent blowing up the "others'" roads. why willfully pay more taxes and support a government that has shown it was only ever meant to benefit those that control others.
completely over your head. if you come up to me and say “i’m douchbag” then i will call you douchbag. if the government forces me to say things, i will not comply. calling you douchbag is a courtesy. big fucking difference. also, the indoctrination of children about gender needs to stop completely.
witholding from input is exactly what large corporations and wealthy individuals are doing. how's that working out?
well good on you for an honest answer, but i'm not going to lie, no one is going to spend a lot of time thoughtfully considering whether there is any truth to what your claiming because it is essentially: traditional finance is an enemy to the state but bitcoin is a friend...
yup, the 50% thiscount on the tax rate from 30% to 15%. the 3k limit seems a bit low since you could lose that much in a single bad trade. edit: it seems that if a single transaction has a capital loss of higher than 3k, it can be carried indefinitely. single transactions worth less than 3k might need to be offset the same year or written off.
"if your capital losses exceed your capital gains, the amount of the excess loss that you can claim to lower your income is the lesser of ,000 (,500 if married filing separately) or your total net loss shown on line 21 of schedule d (form 1040). claim the loss on line 6 of your form 1040 or form 1040-sr. if your net capital loss is more than this limit, you can carry the loss forward to later years" this seems like a relevant paragraph to your question.
>if you flip things around and start with the government needing the money and figuring out where to get it (instead of starting with who is paying), then having government budgets that are dependent on assets increasing in value is strange. that is how it works with anything, included payroll taxes and anything else, which under an expanding economy are always growing. as is the government, and the population and the existential risks like bioweapons and climate change. that shit cost money. society has to foot the bill one way or another. >imagine if you only taxed capital gains. one year the government might get a lot of money and the next nothing, depending on the strength of the stock market or bitcoin. yeah... what is your point? >sales taxes represent real consumption. you buy something to consume and the government gets a cut. things you consume were produced and added to the overall economy. okay, so what should the sales tax scheme be? and do low earners get tax credits under this system? > but capital gains tax is a tax on magical money that was created from nothing. nothing was produced, this is economic ignorance. the "magical money" you're talking about is value generated through trade and commerce, just like anything else. there's really now reason to treat bitcoin differently than trading artwork or anything else. if you're transacting in the economy, the government should take a piece of that because the government provides the infrastructure needed to be able to use bitcoin in the first place. i know that is a super unpopular opinion here, but it is just true. everything from the internet to public safety. the government matters, including as it relates to bitcoin. >but it is strange to suggest that without it the government would collapse and people would suffer. if people keep producing and consuming and economy keeps chugging along, then you should not depend on assets values to keep things going. this is circular and backwards logic. the government needs to fund itself. it does so through **taxation of the economy**. the tax burden is **thistributed to participants in the economy**. **bitcoin is a part of the economy** and its value and wealth generation are **dependent on the same infrastructure that the rest of the economy depends on**... which is **provided by the government**... which needs to fund itself.
i have heard conflicting opinions on whether or not this applies to cryptocurrency but i would think it is not worth the risk because it is trivial to plan ahead with a 30 day buffer.
i do not concede this "only usa, myanmar, and eritrea impose world wide taxation on its citizens, and we have zero ability to avoid those taxes, which is pretty fucked up and authoritarian" this is not the same claim. stamp your feet like a child and down vote but it will still not be the same claim.
goes both ways for sure. chicken and the egg it came in handy for us because a drunk aggressive guy was about to fight my friend i asked a girl in our group to go to the cop and they arrested him sent him to jail. the guy was completely unhinged in my friends face pretty sure he was coked up, so it saved a dangerous encounter
you wait. that trust fund will go bye bye very soon.
"per capita" does not necessarily mean the whole country. it could. but it could also mean by region within the country. and by region within country would be the best way to measure per capita violence in el salvador since the violence is mostly confined to two major cities.
i've got a feeling it has to do with some low-key systematic racism. we know police in cities are essentially the mayor's plaything and direct subordinates, they do whatever he. (sheriffs in counties and rural areas are not ruled by the mayor). so police may have an unspoken policy about not responding to gang violence as quickly if at all. so if you rob another dealer in the gang part of town you can get away with it. if you break into a rich persons house or rob them on the street, suddenly 10x of a police response to catch them and prevent it from happening more. so at least that is my hunch, because think about it the police do what the mayor says, and the mayor does what rich donors say so protecting them is the most important.
yea its kinda hilarious situations like in austin texas they yell to defund the police then crime skyrockets and they wonder why the police would not help them. i've always thought that is literally the worst solution to "police brutality" or whatever it is they thought defunding them would accomplish. very emotion based short sighted thinking and ruins the city long term.
its the unfortunate truth with the majority of latin america. i saw some documentary that talks about why they have so frequent violent uprisings and government turnover with militia forces; extreme corruption just leads to never ending volatile economic times and lack of safety. a "peoples ruler" comes into power, has good intentions gets corrupted turns to shit and the cycle repeats. there's always pockets of safe areas the government may prioritize, but the country runs on bribes including every level of the government. the bribe corruption culture is very similar in vietnam and cambodia at least from what my fiancée told me. sometimes the official when you land with a visa will say its no good will have to wait a week, then sticks out his hand give him a 20 and you get in. then picture that at every layer of government lol
it's an interesting question: if i set up a holding company in el salvador for my bitcoin, do they need to have the keys to my underlying asset to "manage" it for advantageous (legal) tax reasons? aka do i have to actually expose my assets the same way as cash, or could i technologically protect it somehow? f asking bc i honestly do not know the answer.
automate the security with armed drones protecting parameter. no need to hire anyone
so, you've never been there. cool.
spoken like someone who does not live in or have been to el salvador lol. ni sabes de que hablas.
*looks at your name* you're the person that wants to spread the idea that a country is violent and out of control? not a good look.
what's the capital city? was it safe there?
i do not understand your point. you are saying that issues on the input and output side are thistinct, which makes sens. are you also saying that there is no relationship between the two? if people do not like how their tax monies are being spent, witholding the funds seems like a sensible response if the goal is to see change in how taxes are used. if you do not like how your kid is using their allowance and you've tried talking to them about it, at some point it makes sense to limit it. except your kid likely does not have weapons and a monopoly on violece to enforce compliance.
bitcoin is impartial. bitcoin simply works. bitcoin does not make irresponsible decisions and crash the economy. bitcoin does not get a fat government bailout when it has a bad day.
i want to be able to buy a cup of coffee without having to report it as a capital gain.
than why don’t they tax amazon 🤷🏻‍♂️ because of loopholes that help the uber rich. instead of them paying billions amazon didn’t pay shit
>if i were a citizen of anywhere else (not usa, not myanmar, not eritrea), i could move to el salvador, and trade bitcoin all day with zero tax consequences, because all other countries do not impose world wide taxation on its citizens that choose to live abroad. this is because "only usa, myanmar, and eritrea impose world wide taxation on its citizens, and we have zero ability to avoid those taxes, which is pretty fucked up and authoritarian". its pretty air tight, my dude.
i like that every store just uses a cellphone to accept payment instead of a fancy kiosk
spoiler alert... its the cashiers personal wallet
how are the fees? is that what layer 2 and lightning network are all about? looks like the transaction speed was very fast as well. nice!
crazy really. 4 years ago i’d be shocked if you told me this
does the btc value fluctuate at the counter based on current btc:usd exchange rate (or vice versa)? is the menu in usd or btc? oh i have so manu questions...
can we just appreciate that an entire country just plugged into a global monetary system in one day like it is a no big deal without major setbacks? nothing works on day one. nothing. except, ye know...
what’s the best lighting wallet now a days
looking at that screen gives me the same anxiety it always does i pray that the good people of el salvador will rise up and save us all from the cruel tyranny of using satoshis without %#!!! (or periods, those would be fine too)
now i think it is time for me to taste starbucks
cool lightning future of everything but hold up a sec. is that...? what in the ever loving fuck
i’m surprised it’s not in sats.
so what happens when bitcoin crashes like today... do you pay extra for a caramel macchiato... and 30 mintues later pay less for it??
that’s awesome! good for them. showed the whole world they ain’t gonna be kicked around anymore by these corrupt countries. i hope they prosper tremendously from this.
the dawn of a new age 🚀
just remember all these major companies you know have the ability to do this in your country.
honestly! it is fucking legend that a software which is only a few years old (i am talking about the lightning network implementations!) is already in use for such a wide audience. the coffee cold have been paid by anyone in the world in milliseconds. it only depends on the capabilities of the wallet app itself. naysayers and those idiotic protestors in el salvadors have understood nothing. hodl
i bet banks are literally shitting themselves
early stage for all this, just keep going, developments are coming
anyone else remember the whole buying coffee with bitcoin debates? it's amazing to see it really happen
.00000014273 sats for a coffee lol. so stupid. satoshi was a genius and a legend, but he messed up on unit bias. and if you want to argue that pricing things in a ten millionth of a unit is acceptable for everyday commerce then hey, you just might be biased
wait, doesn’t everyone pay like this everywhere, even with fiat? where i live i just pay everything with a contactless debit card, or with a qr code on my phone, even with euros. doesn’t this exist everywhere?
its still too much work. i can tap my visa in 2 seconds and i'm done. i also find it funny on here how people are now fine with people spending bitcoin on random purchases. a year or two ago on here you would've been mocked for that. i do not care about hodling bitcoin, i buy it to spend with it. that's how bc continues to grow, not by buying and doing nothing with it.
pretty amazing, but i don’t want future me to be that guy who bought a pumpkin spice latte for 1 milllion dollars.
is he using a company phone because the pos is unable to conduct the transaction?
touchless near instant payment - lets go!!!!!!!!
i can’t imagine using something as volatile as btc as currency.
so does it convert the btc to dollars immediately? but there’s no capital gains tax, right?
people were demonstrating tap to pay with crypto years ago. what happened?
can smb tell me about the fees there?
that is simply cool. beyond me how to price everything.
if you bought btc at ,000, do you owe capital gains tax on 98% of the cost of the coffee?
the hardest part would be to remember all those fvcking decimals... inflated fiats have zeroes on the right, bitcoin have them in the left. love you bitcoin anyways!
when is this going to happen for the u.s?
but how easy is it to buy that barista’s hat. that’s the real question.
god i'd get fleeced with this they could be like yeah it is 0.5btc and i'd be like "that is like .50 that is cheap"
next: burn starbucks and mcdo’s, deploy own coffee shops and fast food :)
how cool is that congrats.
el salvador for these multinationals will be just the beginning
but, bitcoin blockchain doesnt take to long to process? to a transaction be approved?
how easy is it to buy bitcoin in el salvador?
if you are somebody that would like to pay for someone's coffee, or perhaps you are in el salvador and do not want to spend your hard earned money, but would love a cup of coffee, please join this subreddit r, where we try to buy people some coffee via lightning! a way to celebrate bitcoins adoption! :)
straight to point, not a bunch of unnecessary talking and person recording not trying to be in the video themselves.
freaking el salvador has a starbucks and my country doesn’t
so you could just evade taxes when trading with btc and then directly spend it?
employee downloads a starbucks wallpaper to his cell and holds up his own wallet address to take payment 😂
thats almost as easy as swiping a card and entering 4 numbers
why is everyone buying coffee with btc in el salvadore? just be honest and show a cocaine transaction.
i mean people do this with wechat already. and the money in there does not just randomly fall 15%.
lmao this is tied to usd. this is basically just making el salvador have usd as the official currency with extra steps.
awesome! but why is no one talking about that hat?
let's take a moment to appreciate that little tiny hat on the top of mr. coffemaker's head
are they using strike.me to process payments?
man el salvs gonna get fucking rich lol
lol looks smooth af, anyone wanna explain how this crashed the entire crypto maket like the media is claiming?
that was a lot of stuff to do. you need to fiddle with your phone, he needs to fiddle with his phone, and you needed to scan his phone for approval. its still easier to just use a bank card with a chip. don't even need to use the code.
i can do this with a credit card. what's the difference?
this is how easy it is for the price of a cup of coffee to fluctuate by 20% in a day
what are the gas fees of bitcoin right now?
a cappuccino is .00 on monday and .50 on tuesday. 😆
does it would be better to use stable coins instead bitcoin?
are you sure you're paying to the store and no to that guy ?
the flaw i see with this is that it’s still denominated in usd, the thisplayed price isnt like “x” amount of sats, it’s 3.50usd and you can just pay in btc, it’s the ease of transactions that is attracting el salvador, not the decentralized aspect itself, this to me makes it seem like it would be easy for something like usdc or another digital fiat to replace btc in places like el salvador that simply have a need for quick and cheap transactions both locally and internationally, not the need for decentralized currency, as is the idea imo
1 dollar for the coffee and 19 dollars for the transaction fee. that'll be .
listen, i don’t wanna sound like a complete prik but this still doesn’t explain how btc plummets from 52k to as low as 42k in less than 12 hours and now at 46k steady?? =(
these are the next expensive pizza
this... does not feel right. i feel bad for the citizens after reading how [this all went down.](
oh my god. it's happening ! it's f'ing happening ! everybody stay calm ! this. is. amazing !! literally brought tears to my eyes thank you satoshi ! thank you, bitcoin core devs ! thank you lightning network devs ! thank you node operators !
13 btc for a coffee... that's expensive! ;-)
why the fuck is the prices in btc!!!! surely use another denomination. “that’ll be 0.0000001 million dollars thanks”
one day coffee next day coffee .5 worth of bitcoin
the fucking hate bitcoin there
that will be 0.0000036 btc...i mean 0.0000026...now 0.0000016...now 0.0000045 now 0.0000030 btc. sir hurry up and swipe your phone.
imagine going to pay for your .25 grande white mocha frappe with btc and you all of a sudden pay double sats on a tuesday because over-leveraged traders got liquidated. then you walk out, sipping your frappe & see btc rebounded.
seems slow and annoying to me.
this hasn’t aged well. btc has failed as a payment mechanism.
i would never pay for everyday items in btc… you’re literally giving away something that will be worth 10-20x what it is now by 2025. like that -worth of btc for a coffee will be worth …
13.10? why are the prices is dlls? we need to think in sats no dlls...
obviously youve never been to china or used wechatpay or alipay. and doesnt this go against the entire hodl mentality of you bitcoin nerds why buy fucking coffee with btc if its going to 100k in a few months
you can pretty much pay like that with anything else.
any idea what app?
the people of salvador need to be thought the good bitcoin will do for them in the future! a bunch of them are protesting against it.
these guys shited their jocks all over their country and billions was lost.
what part of el salvador is this
i might move there . my country really isnt better
but there is a container for tips "propina". how does that work?
that's cool, is there a specific app to use to make that payment quickly?
that barista hat is cool af
so i have a question. in india, right now, a majority of the sales are done using upi (unified payments interface), a similar qr code. apart from the whole concept of decentralization, how is this different?
have you never used the starbucks app that is been widely adopted since 2010~ this is cool but not "omg so fast"
is that really much easier than a credit card? knowing my phone it would freeze up and crash or something. also i feel like they could give prices as like xx10^-6 or something. all those leading zeros are annoying.
this sub: hodl your btc do not fall for the fud this sub too: woo! people can now sell their btc for goods and services that you can otherwise buy with fiat!
how is it so fast? and are the fees cost prohibitive when buying a coffee?
the fact that el salvador is forcing bitcoin into the balance sheets of companies like starbucks is friggen incredible!!!
fck cellphones everywhere. robotic
serious question, why would anyone actually spend bitcoin right now given it is growth potential.
the employee accepting a payment on their person phone rather than using the point of sale system?
i’m hoping it will just be tap and go in later stages, definitely a possibility and so convenient.
fkin dont need your id address your debit card no pin fkin nothin… wtf have we all being doing so far… smh… wtf… do we really always need to be naked to buy a fkin coffee to stop money laundering… wtf🙄
saw a post yesterday about how bad this was for el salvador because so many people dont know how to use a phone. you could use the same argument back when cars were coming around. don’t let the fud cloud your judgment. this stuff is the way of the future
this is really super nice, but unified payments interface platform from india is also super awesome. qr code, near by scan, a payment address in the form of username etc. and it directly ties up with the bank without any netbanking infrastructure. the best part it works even on non-smartphones using the dialler codes.
it is a big development in blockchain
epic. the way of the future
how much do you pay for the transfer? or is it like coinbase and everyone is on one system so minimal fees or something??
that was a big drop in btc so guessing that coffee just got a lot more expensive.
which wallet do they use? i cannot find chivo wallet on apple store in asia.
why do people want to buy stuff with bitcoin if the whole point of bitcoin is to be a store of asset, just use worthless cash instead of valuable bitcoin this is so stupid imo?
such a major flaw with crypto. there needs to be a better way.
is already a success for the common el salvadorians to leapfrog ahead with digital technology and skill set.
how many of these dumb ass videos are we gonna see? how else are you going to pay with crypto?
most people in el salvador which are mainly the working class oppose bitcoin, the upper class don’t care, you don’t see many working class people going to star bucks
the country need to use sat as a unit of currency instead.
13.10 for a coffee? damn, el salvador’s expensive.
interesting. does starbucks store the bitcoin as bitcoins or is it immediately converted to fiat? i mean if bitcoin only goes up it would be stupid fr starbucks to sell the bitcoins it gets.
love to see the future
do the prices of products fluctuate wildly every minute with the value of btc (usd pair)? or no, they do not care about the usd value of btc... ?
i actually walked into a gas station the other day, and for the first time i saw a btc atm
you could have bought 15% more coffee a few hours ago. now you are buying less coffee for the same price. a few hours and your buying power is down by 15%
how will stores handle transactions which take a bit longer? i am assuming that, since they are irreversible, they do not care that much and just allow the customer to move along? also, how do they produce receipts? excuse my newbie question but i do not really know how this works. although it is really cool
i'm completely thistracted by that hat.
what a historic day for money
nah. here in indonesia we've been using e wallet. something like this is not game changer
for those who think this is a great technology, swish like apps has been doing this for years. this video does not represent anything positive about crypto.
i wouldn’t spend my btc on no coffee. that’s just me. keep using fiat for those type of transactions!
except everywhere outside of the financial thistrict that is cash only.
cashiers are the new hedge funds 😂
doesnt it take like 30-60 mins to confirm a transaction? how are they getting around this?
next time i’m in el salvador that will come in really handy.
but anyway they are using .10 us equivalent and us digital dollar is still strong !!!
can bitcoin do something like btc instead of btc and get rid of a bunch of decimal places? or are we trying to set a baseline so we can track inflation?
it appeared from the video that the customer paid in something (prices not in bitcoin) other than bitcoin but then it was converted to bitcoin equivalent? is this akin to changing currencies at an airport exchange? so how did they establish the price?
wait , they have starbucks in salvador ? i’m surprised they have electricity
this is pretty awesome. finally a nation wide acceptance.
would be easy, if there would be a thisplay, that just shows the qr code to the customer as soon, as the employee clicks on a button, when he chooses between like credit card...but like this i would still rather pay cash
so if starbucks can accept in el salvador why wont they adopt throughout all locations in the world
i’m not even spending fiat usd on starbucks
i just have a couple of questions about the consumer experience and the payment process in general 1. can the pos system be integrated with the software running the smartphone? so basically it would automatically generate qr code once order is completed by the consumer and bitcoin selected as the payment method? once payment received - print sales receipt automatically. 2. is that possible replace the current payment process (smartphone camera -> scan qr -> make payment) with nfc? basically kinda apple pay connected the the bitcoin wallet?
so…. like using apple pay or masterpass. got it. much easier this way.
that's not that easy tbf. cards are easy
it's a dream becoming treue. i hope this will spread through the globe really soon.
so not that far from a regular payment with cash or card?
that is cool…i have an urge now …
for a hugely poor population where a lot don’t even have smart phones… it’s not as ground breaking as it looks
they are one step ahead than others.
how much would be a fee cost ? its so great that , one transaction can be done so fast.
the chinese has been paying like this for years already. tho it’s cool what’s going thru is bitcoin
how does it work with taxes? (for starbucks)
but try doing this during frappuchino happy hour.
see at the moment you overpaid for that starbucks you tool!
so how much is that latte gonna be worth in 4 years? $.04, , or ?
so what stops an employee in taking thier own wallet out and getting paid. have business put in a measure that will ensure no one gets free coffee
why the fuck do people go through all the trouble to invest in bitcoin if they are just going to spend on stupid shit like this?
what a crazy week! el salvador's acceptance of btc is official and mcontent has created a documentary featuring the president of el salvador, bitboy and more! check out the trailer on yt or hmu for info. dyor people!
awesome. take note because these things will happen again until the crypto space gain global adoption.
so… mildly more annoying than just using a regular credit ? also you pay a fee too. so it’s more expensive too.
price should be in sats ! 0.00000001 btc is confusing as hell...
lol gas fees cost more than the actual coffee 15 bucks lol
why don’t they use stable coins instead 🤔
you can just tap your bank card in half the time...
i like his hat
noob, spend your shitty fiat and hodl btc
unpopular opinion: those videos are annoying af and don’t add any value
amazing this is so special well done el salvador
it is awwesome hope, one day i will come to my starbucks and buy my coffee with bitcoin
still measured in us dollars. lol.
can someone please tell me what they use to set up that qr code?i would love to be able to do something like this with busking
i bet so many people in this sub have moved there.
i'm sure that will get much much faster after the novelty wears off and the employee just wants the customer to move on.
there is starbucks in salvador???
it's how payments look in china for a years now. just wechat. it really is embarassing, that it comes that late and other countries lag behind so much.
too bad most people cannot afford basic food staples
this is great. in india, paying through smartphone by scanning a qr code is pretty common. there’s an instant real-time payment system called upi and that has allowed these kind of payments.
i mean it is easy for sure, and i am pro crypto, but i can just tap my watch these days and pay for things too.
can we point out his cool chef hat
guys, these videos coming from el selvador makes me so happy. i do not know exaclty why, but my mood is still lifted since yesterday, i am so happy to be part of this community ;)
i’m trying to figure out how to accept cryptocurrency as a form of payment at my restaurant. i need it to be linked to my pos like in the video here. anybody have any ideas? also i want to keep the crypto, not the usd. i found some companies that do it but they want to keep the crypto and send me the usd. i want to accumulate the crypto. any ideas would be appreciated!!!
looks more fiddly than chip and pin though. if they could somehow use a rfid card to make the payment, it would be a whole lot better.
i can’t wait till you all realize that these lightning transactions are facilitated through flexa and amp.
but do you still get your starbucks points?
this is fucking awesome
it is huge step forward for bitcoin community :)
why do you believe that there are no fees? the fees for businesses accepting btc here in el salvador are close to 10%, much higher than accepting a credit card.
i'd never waste my bitcoin on food
and here i am thinking el salvador’s currency were coffee beans !!! wow i can’t believe you guys have starbucks or electricity !!! congrats
but you wouldn’t wanna buy anything using btc in a dip
what if you want to refund the purchase?
13? are you insane?
makes me realize we really need to use sats
wow. and they still cannot get it so you can tip with a cc in the states!
i could buy whole packet of coffee at the price they sell 1 cup
yeeeeeah, still gonna need to be a lot faster than that.
that’s a lot of numbers to comprehend on the screen. how you know what your spending?
already works like this without crypto where i'm from. i see no benefit.
oh yes, that is awesome
i’m guessing there isn’t a taker.75 per transaction like when you buy online or take 30 minutes to transact
man fr it is the same if other stores had it...stop posting all the el salvador posts
tbh thats still too long and seems like a hassle imo but maybe i am spoiled from where i life
what?! instant?!! where are blocks?!! confirmations?!!! high fees!!! my \*insertshitcoin\* is better than bitcoin!
that was like a glimpse into the future
a pricelist in satoshi 🤙
the price of that coffee sure does change a lot
fukkk visa and master card. i love direct peer to peer exchanges. loving tjisss.
i am not sure if small local businesses are as up to the task of accepting lightning. starbucks and mcdonald's are prepared.
el salvador isn’t exactly the best economic example to the world.
where poor people buying bitcoin? they don’t even have money for coffee at home i don’t see them in expensive starbucks!
i like the way of payment, it is coolest one ever
i feel like india done a great job doing this, the upi takes very very low fee for the payments and its fast and secure too
what apps are they using for this? can i as an american get a qr code to trade crypto’s that easily with something like gemini? i got a hard wallet too so would i need to give a store my public key verbally or is the we code an option instead on every platform?
how do the prices compare to what is? what about to prices in the us? are the bitcoin prices constantly fluctuating?
how does that work when one bitcoin is like ,000 and a coffee is 10?
starbucks is the worst coffee you can drink.
that’s how easy it is to loose money betting on bitcoin. anyone at anytime can pull the plug on something and there goes your hard earned green papers worth not much now days in this puppet economy. all my mullah is going to china’s fintech corporations. it’s way safer over there than over here and they are now número uno👆🤷‍♀️
i thought the fees where insane? isn’t it like ?
13 dollar for a coffe?
you can do that in the us now with flexa spedn app or gemini pay in dunkin donuts.
arbimoon is an alt currency, therefore you can be certain that your money is protected from rug pulls.
i pay faster with apple pay
i feel like the app they made is gonna make bitcoin for those users very vulnerable. it's cool how fast it verified but that is not on the network i'm betting so... eek. would not download, 10
this is inspiring to watch! i wonder which country is the next
why would i want to spend my bitcoin?
that's going to be an expensive coffee when you look back in 10 years
that cup of coffee you paid 3 dollars makes them a thousand in the near future sounds like a scheme to me js. 🤔🤔😷😷💩💩 bitcoin = china they are probably using it to pay for there agenda js. look at the bigger picture and not the smaller one... 🤔🤔🤔🤔
does any one else see how much richer the rich are gna get off this and does any feel like this is a just a way to benefit them? store makes 3000 of customers in bitcoin in a day they hodl and the value of the bitcoin rise they sell and bank or hold and the rich stay the rich👍🤔🤔🤔🤔🤔😷😷😷😷🧐😱🤑🤑
weird, where is this? he does not sound salvadoran
scanning qr codes like wechat pay in china
2 hours later sorry there was a crash your bitcoin check bounced i now need 25% more for that coffee
wow. it’s almost as if credit card transactions were never invented. how is this shit revolutionary?
you should not be buying with btc, one day it might be worth 500k.
this would be cool if el salvador existed
if i worked their i'd just use my own cellphone and tell the boss business was slow.
viva el salvador hijos del maíz
thats a 130 dollar coffee enjoy xd
wtf!? it blows my mind that el salvador has not only 1 starbucks, but multiple starbucks...
the dip is almost over head over to del tools to buy mintyswap
yeah, an iced small coffee for the amount of bitcoin that would’ve gotten you a venti everything with ten pumps of whatever and six shots of espresso two days ago. i buy bitcoin. i believe in bitcoin. stop acting like this implementation of it by a fascist is good for el salvador.
wasnt that easy stop lying
sooo not easy at all?
easy way for them to hack you shit…
so now it takes a tablet and two smart phones to buy what used to be a 50 cent coffee. wow. we live in the future.
just like wecaht in china. easy and quick
and? was it cheaper to buy with btc or how much did you end up pay ing for their overpriced coffee?
google pay over nfc is way easier but go off
wow great the guy paid 20% more than he would of had to if he waited two hours 🤦🏽‍♂️. bitcoin should not be used as currench
in china wechat payment is similar...
what about the conversion fees?
just think, all these chains are going to work on native lighting integration into their pos software for control purposes. this then can be easily flipped on in different countries around the world!
it's more that the software was ready for the phones but most stores are not going to go swap kiosks overnight and far as i know no kiosks natively support ln yet. square is probably going to be the first pos manufacturer to support ln and even they have not gotten there just yet. but it will come...it will come. how cool would it be if one day you could travel the entire world and just pay with ln literally everywhere? no exchange rate dickery by your bank, no conversion fees, just btc everywhere. maybe someday.
those developments will come. we're in the *very* early stages.
that was probably his cellphone! 😂
it’s the absolute norm in australia to pay using your phone. it’s more common than bank cards these days. all your debit cards are stored on your phone.
agreed! but this is amazing too!
how the hell do you know that your employee's are not just getting your customers to pay them every time?
i think it’s super sketch. employee may have just been holding up his personal cell phone to collect bitcoins the whole shift.
well in this modern era, the method of payment is adopting fast
what if you don’t have a cell phone
i work part time at a retail place and we were forced to use cell phones with square readers for like 6 months during a transition to a new credit card processor. i thought it was great. it was so much faster and more efficient than our previous system and oddly enough, our new one is not that fantastic either. the squares did not link to our cash drawers, which was annoying, but other than that it was amazing.
yeah, probably his personal cellphone lol
how is this different from using apple or google pay?
china has it for years
is the phone provided by work?
says someone who has never been to el salvador.
why would they? a lot of places just use square even in the us because it’s cheap and anyone can buy one at walmart. no need to reinvent the wheel.
im guessing you can pay the cellphone bill with bitcoin
yeah that is cool and all but with touchless, people are not going to want to swap a cell phone back a forth, a kiosk is better
i mean, you would get away with it for a bit, but i imagine it would be as foolhardy as stealing cash from the till. someone will notice eventually and it is definitely traceable. i imagine when crypto is adopted lots of people will still try it.
the fees tend to be very low, however bare in mind fees are proportionate to the amount being sent thus the higher the payment the higher the fees. furthermore fees tend to be high (up to 1%) for custodial wallets (or wallets which are non custodial, but channel management is done by someone else). i checked right now and the cost to send 15 744 sats between my wallet of satoshi (custodial) to muun (non-custodial outsourced channel management) is 47 sats. that's 0.3%. meanwhile a payment back of 50k sats would cost me 209 sats or 0.4% remember that fees are always paid by the sender. the fees can be lower if you are running your own node and managing your own channels, that does however require some sort of a small server and technical ability. additionally fewer intermediary nodes means lower fees. notice that at 209 sats, a standard segwit tx coming in at 140vb would be cheaper if it got confirmed with just 1 sat, which is enough if the mempool is empty. 50k sats is about , but also fees are currently around 4sats, thus if i wanted to pay more than \~, but slower, to do it onchain.
yea... i'm curious of the fees as well
i doon't think the fees matters here, the taxes are not the part of it now
ln is the way bitcoin scales to global use. essentially zero fees. if i remember correctly, the fee for an infinite number of transactions is like... $.01 and it’s split between everyone involved.
the fees here in el salvador are approximately 10% for any business converting btc to usd instantly, as they pretty much all do.
the fees are very low probably.
yes, it’s just using usd fiat but with extra steps…
it’s off chain. you pay with the govt’s app, they process the transaction taking the funds from your account with them and transferring to starbucks account with them.
presumably it is in usd (the other official currency of el salvador, similar to panama). when you pay with bitcoin you'll pay the usd equivalent in bitcoin for that moment. meaning the , and 440k sats another (i did not want to write out a bunch of zeros).
it looks like the screen shown near the beginning of the clip is showing the current exchange rate of usd to btc, eg the bottom row says "= 43700 sats, 0.00043700 btc". i wonder how often that refreshes - it does not appear to during the few seconds it is visible. presumably the pos software picks up the current exchange rate to convert the price. looks like the amount is in usd on the server's phone (.10) with the sat equivalent (28624 sats) underneath, which is what shows on the customer's phone.
coinbase can take some notes.
can't tell if you are being facetious or not but besides the massive confusion for many (esp rural) el salvador and, there have been many [stumbling blocks] (
they may face some major setbacks in future due to many factors but we appreciate their decision.
to be fair sending someone some bitcoins via a qr code in a bitcoin wallet is not at all impressive it is been around a long time... what's actually impressive is the fact they all installed the app and made an account... the real impressive thing will be stopping employees send themselves the months takings and just leaving lol
was listening to bbc ws yesterday. all they were focused on were the couple of people saying they did not like the change. 😒 not how it is going to improve.
except for the part that the government has the seed to the account. it's all going to 1 btc wallet ultimately.
do you live there? how can you be so overly confident already...? seriously.
probably because of the massive cartels they have in their country, using bitcoin to launder their money. ms-13 was started by salvadorians
uh oh. looks like someone has not been up to date with the news
are you being sarcastic? the national wallet failed completely. it was a major shit show.
i like phoenix & breez. heard only good things about muun too but did not try it yet.
chivo imho, 'cuz 0 fees. and you can use it not only in el salvador, but all of central america, colombia, venezuela, canada, usa and mexico (i think australia too).
ya. measuring prices in btcs is a bit of a problem right now for readability (even with commas) because 1 btc is worth 46k. dollars are nice because a common purchase like a coffee costs just a few of them. it would be nice if we could shift the decimals to the right until we get a coffee that is worth a few of whatever that btc decimal place is.
i agree, this annoyed me aswel but look closely at the video again especially the left side of the screen. edit: or did i missunderstand you?
2 starbuck, a candy bread a cookie and i do not know what else, starbucks is expensive, but no so expensive, this is not lego movie(yet)
it is, is not it? that's what the 28,000 is
yep. definitely a risky move to adopt btc as currency while it is still so unstable, but that is what makes it so great. someone has to be the first.
and now people are starting to understand the issue with adopting a volatile currency. unless the government has control of the currency and the currency is centralized, there is no control and the government doesn’t give it it’s value. that is the real stability that fiat money offers.
of course it does, this is just a karma farm post as usual.
not in the states. contactless cards, yes, not qr codes.
it comes out exactly the same if you buy a latte with usd or with btc. you can freely convert between the two, so any usd you spend is potential bitcoin you did not buy. in other words, bitcoin does not change the **spending** side of the equation. doesn't matter if you spent usd or btc. that value is gone, either way, once you spend it. bitcoin changes the **saving** side of the equation. if you try to save your money in usd, you're going to have a bad time. bitcoin is simply the better vehicle for money you want to save.
using fiat money for everything does not make it better because you are not holding spare money in bitcoin.
why are you guys bringing this nonsense example up over and over again? no offense, but did you not think about what you said? i'll make this really easy for you to understand: ' you start with **3000**, and **1000**. your scenario: you buy your latte with 5, so you have **2995** money left and **1000**. now the other scenario: you start with 2995, you buy your latte for 5, and you are left with **2995** and **1000.** ' is this really so hard for people to grasp?
you’d still have the same amount of satoshis.
doesn't matter if you just keep all your cash in btc and spend from it. you'll always be adding to your stash. now obviously tax laws in some places make this an utter headache, but in el salvador there is no issue of that sort. you just keep stacking sats and spending sats.
you're probably "that guy" who tells the story about the guy who bought 2 pizzas for 10,000 btc. if you believe what you're saying, why not immediately buy the btc you just spent back with your fiat? you do not let cc debt sit there forever, do you??
if you are truly all in, you have to use btc as it was intended to be used, money.
honestly this is why its not a great currency.
the days of that level of growth are long gone. it will still go up in value if it really takes off as a global currency and reserve asset, but only on the order of 10x-100x. anyone projecting anything more than that in our lifetimes is either a scammer or a fool. note, this is ignoring a hyper inflation event where a million dollars is basically worthless.
a phone, among many other things, is a portable and versatile point-of-sale terminal. especially when you dont need to deal with clunky legacy dinosaur tech like magnetic stripes or chip credit cards.
without a 3rd party being able to block your transaction!
good thing not everyone is so limited
bitcoin could now be re-classified as 'foreign currency' and 'exempt from capital gains.
what happened is an entire country never got on board before. it was usually and first just independent sellers.
they're using lightning wallets, so the fees are almost 0.
he probably paid about . there are fees to get your btc on the network…
not in el salvador. that's legal tender, so no "capital gains".
that's why we measure in sats.
there is no capital gains tax on bitcoin for the residents of el salvador.
yeah, and wondering always if anyone is seeing your pin
buttcoiners are everywhere today
you know that el sal's currency is already the usd? if the peso was the official currency, i'm sure it would have been in that.
you are basically investing in bitcoin, selling the bitcoin at the current price and then buying through qr code with usd. it’s just a faster way to spend your bitcoin.
incorrect. all currencies are valued by their correspondent conversion to other currencies. what do you think makes the dollar in the first place? the usd is tied to all other currencies and represents it is purchasing power over them the same way btc may be tied to usd and represent it is purchasing power of usd. usd is just for the convenience of translating the value of products to a number that is more readable.
significantly less fees for the seller.
go back to 2008 on why bitcoin was born.
can you accept btc payments with a credit card?
tell that to the 70% of the el salvadorians who are unbanked. and then tell the businesses to swallow 3 to 5% transaction fees.
i assume r but the price will be .00. the prices are still in usd, so that is not gonna happen.
we still use usd so there is no need for that at the moment.
unlike cash that they could never pocket
most likely large institutions and high networth individuals that do not want btc to succeed, so they decided to dump it on this day of all days. that created a cascade effect, longs got liquidated and stoplosses getting triggered pushed the price even further down, only for it to bounce quickly back up. nothing to worry about.
the price change in fiat terms doesn’t change the amount of satoshis you have.
there was a huge sell off crypto-wide to produce liquidity to cover short positions in gme & amc. there will be one every sunday, monday was a holiday, until the squeeze. set limit buys when you go to sleep. there's plenty of opportunity between 11pm and 3am est.
banks or their minions dump it hoping to pull the emergency break on the bitcointrain thats leaving trainstation will slow it down for a brief moment, nothing more just hold, watch and enjoy the ride
yes but if man never thistributed his btc for that pizza, would btc even be worth anything today. if satoshi held all the bitcoin and never thistributed, i it even worth anything? the more it is adopted, the more valuable it becomes
13 satosi for a coffee**
they should just use the metric system. that way 1 usd would equal about 20 microbtc
why would i care what it costs in usd if i use btc? do you care how much your coffee costs in yen?
chivo fees are 0. that's very low!
lightning already is like instant and de-facto almost 0 fees. no need for another altcoin that will be forgotten in a few years.
don’t just downvote, explain?
they did a deal too with algorand to “build blockchain infrastructure”- may use it as payment too, with immediate finality and low fees is much more usable.
guys he is talking about his own comment
every dollar you spend could be spent to buy btc. spending unused usd or usd converted into btc is absolutely identical from this perspective. spend and replace btc and it is just a net positive.
he's paying with [wallet of satoshi](
it's probably a company phone, or maybe they get an app with store credentials
i could be wrong but i think they’re using the lightning network which is nearly free (1 sat per tx or so).
don't tell salvadorians tho, they do not understand what their gov is doing.
yeah, but who would pay with a btc for a coffee tho?
fees are chill on the ln mostly. better than visa at times.
the same things that stops an employee from pocketing banknotes.
my guess is you've never used the strike app.
they do not have any means of capital i guess they gonna starve to death oh well :) . it is what it is amiright?
what do you mean??? they are still buying in usd prices. just bitcoin is pegged with usd currency. if bitcoin crashes 100 percent, their prices(in usd) will double.
haha. true. prices will be changing every minute.
you do not have to ask permission to visa to spend your money.
and the fees too
every country has it.nothing new in it. only thing special about it is that instead of native currency, el salvadorans will exchange in bitcoin.
lmao i read that as "piece of shit" software but honestly, what's the difference.
yes. this is going to happen, and it will be glorious.
i think theyre saying the cellphone is better. no need for some single purpose pos tablet or whatever. use what you got.
why? many countries leapfrogged landline telephone infrastructure and went straight to cellular.
if it works, they may not need for those developments to come. bitcoin can cut out more middlemen than we give it credit for. why pay stripe or posnation or whoever when you can just buy a smartphone for 30 bucks? in places like starbucks, maybe those developments will come. in smaller shops they will skip all that nonsense and do "bitcoin only" in the same way many small businesses today do "cash only."
you haven’t been to europe lately ?
this is already the case in sweden where many places use a tablet. they usually have a qr code somewhere on the desk you can immediately scan
the developments are adopting with pace in many country
>we're in the very early stages. dude, it is been 10 years. how much can you improve on a payment system? i mean where can you really go from an instant contactless payment?
were always in the early stages
i want to see the moving away from cellphones to just terminals users can go to and scan their purchase
or the beginning of the end.
and that is why we see native pos integration. its about accounting controls more that anything.
he would have gotten away with it, if it wasnt for you pesky kids !
no, i meant the cashier uses a phone to accept the payment.
australia were way ahead of the curve in terms of using contactless cards, so the infrastructure was already in place when apple pay and google pay came around.
could be a good way to buy btc p2p. you could just put cash in the till afterwards.
i want to upvote, but i dont know what you sed!
> however bare in mind fees are proportionate to the amount being sent thus the higher the payment the higher the fees. care to link a source for that because i do not think that is correct. in my experience it heavily depends on what the found route between two nodes is and what fee policy the intermediary nodes have chosen, but to me it is always been about the same with any amount.
as far as i know, the wallet provided by the goverment uses their own servers. what i am very sure about is that there are 0 fees for the people. anyone can use it (businesses or the average consumer) without paying any fees.
interesting. i wonder if vendors will front the payment fee like they do with cc's. iirc, they are something like 2-3%. almost 10x the fee
wow, much higher than anticipated. i was told ln would be very very low fee.
wouldn’t using fiat be cheaper, since there aren’t any fees at all?
thanks for the breakdown
still cheaper than credit card fees lol
lightning works by routing transactions through other nodes in the network. each node gets to set its own fee. however your wallet will attempt to find the cheapest path through the network. if you have a channel open directly with the merchant, there are no lightning network fees. otherwise lightning network fees are currently ~0.1% (that is one tenth of one percent!) depending on how many "hops" it has to do through the network. services built using lightning (like strike and some wallets) charge their own fees as well.
i'll put it this way - it would be impossible to pay in us hard currency because they do not make coins small enough.
> the fees here in el salvador are approximately 10% for any business converting btc to usd instantly and this is supposed to be a solution? god damn.
and then the vendors have to pray the price holds until they clear their books
and i would guess that starbucks in this case instantly trades it into usd to remove the risk.
thats my presumption as well. hoping someone can confirm
i can confirm this.
love to see you thinking in sats ! there are 100 million satoshis in 1btc at the time of this post, 43700 sats = .45 usd ksats are an easily digestible unit -- just imagine, you could grab a nice ...or you could just buy more btc
nyt refuses to let me read that shit, so i refuse to believe it is real
ok, but the network wasn’t one of those stumbling blocks
isn't it the same as handing cash over to an employee and them just pocketing it?
when euro was implemented, it was shit for a year, and that was a project where much more time and money got invested in the implementation, education, and it was 20th country to do so in a row. (and there weren't lunatics telling ppl euro cash is true euro) now think of all companies that had to implement their own payment solutions, and it worked. on day one. against everyone's will. in three months since the decision.
to be fair i've heard form salvadorians that they do not like it because they technically do not own the bitcoin. it's all stored in a government wallet
> except for the part that the government has the seed to the account. ...what?
it will be allright, do not worry.
that is just an app. no other app ever tried to roll out at that scale and timeframe due to infra issues. paypal tests new stuff with few users and still fuck it up every time. now watch it work perfectly from now on.
i vote breez because by their secret sauce it is non-custodial!
will probably become the defacto remittances app.
why not milli-bitcoin or mbtc? everywhere else is already familiar with the metric system where a milli is a thousandth. a mbtc would be worth ~. so a coffee would be about 0.1 mbtc and a tank of gas would be 1 mbtc.
the prices are in usd. they are showing the prices in btc just for reference.
on my phone i can barely see the last line bit, is there a comma in there? tbf, i stress when i’m up at the cashier normally tho. having to also mentally break a string of numerals into something i can process ¯\_(ツ)_/¯ sometimes i walk away flop-sweating and unsure what i just did. 😵‍💫
let's wait a year and see how much more money the fed prints.
ohh shit. in the video the satoshi column is almost blurred out and the btc column is much more clear. i didn’t see that the first time
and people are now in the streets protesting your experiments forced on their countries by some rich salvadorans who went to school with some of your fellow tech bros in socal.
forget it... nobody gets it... but yes. of course you are right.
wow, that is brilliant. thanks for eli5. prices are usd, so the prices are not fluctuating daily. then, when btc becomes world currency, they just switch over...
far out it blows my mind that after 12 years of bitcoin being alive people still don’t understand this elementary level principle. thank you for taking the time to explain it to him. another annoying misconception is that people don’t spend appreciating assets. rich people already know how to invest their wealth and hence a rich persons assets generally are appreciating yet they still buy food cars houses. yet still after 12 years people argue that bitcoin won’t work coz no one will want to spend it. total rubbish. i’ve held btc for 9 years and you can be damn sure i’ve spent a tonne of it. pleasure now often trumps more pleasure later.
unless you buy at the wrong time. then you’d be better off with usd if you need the money in the next couple of years.
you can freely convert between the two... for a fee.
then why spend it?
isn’t that… just paying for something with fiat the normal way but with extra steps?
spend and replace. doing your part to change the world.
if you spend less than you make, you'll always be appreciating in value.
how does the buyer know they just paid the store & not the employee's personal address?
you are right but i think it should be called as the earth's currency
agreed, there are fees to get btc onto the lightning network currently they are roughly 3 sat.36 for a high priority transaction. (the mempool is nowhere near the levels that fud would have you believe.) also for transactions off-chain within the network, the fees are usually less than .01.
or like most places in the world, contactless card or phone payments with no pins...
i know but this transaction is not different than swiping.
both can still buy you coffee. what’s your point?
i do not think it is about not wanting it to succeed so much as creating dips to buy more. if you buy and sell on every sawtooth action, you make more than buy and hold.
> “whales can manipulate the price at wish, nothing to worry about” 🧐
1 btc = 1 btc
bitcoin has a fixed supply so over time the same # of satoshi will have a greater purchasing power. “price doesn’t change in satoshi terms” is just wrong, it can’t ever work unless the supply tracks wealth generation 1:1
and that is the correct answer. when crypto going down amc going up. when crypto going up, they short amc. it's cyclical. the squeeze is coming because it is more often and crypto sell of are bigger and bigger.
the government in el salvador had to unplug the digital wallet bc the network couldn’t handle the load. btc is not a viable payment mechanism. there are literally 3-4 chains that are multitudes better for this utility, with less fees. this is nothing more than a failed experiment.
hmm… i never considered this. you make an excellent point.
i was not able to use strike app, even though i have tried. they are region-locked
right? who tf would pay ? apparently el salvador is in the same boat.
yeah. crypto, it is the currency future 🔮
can also be a single purpose cell phone
it's much easier for businesses to reconcile transactions if it is integrated with the pos system.
as long as it is contactless, it works for me.
so the cashier employees have to use their own devices?
one day a guy who does not mind getting fired will use his own wallet account for a few weeks before anyone catches on and cannot refers transactions lol
yes but it is the employees who have the phones, not the business. so they are using what someone else has, which is about-face. it would be entirely reasonable for an employee to refuse to install software on their phone, and in many jurisdictions they would have every right to do so.
they still have a tablet out though.
and skipped pc's and went straight to cellphones.
because it is better and a powerful form of communication. it represents functionality and style in one small package.
infrastructure. instead of the cashier using his phone, maybe there will be a dedicated device like we swipe our credit cards on, but for lightning invoices?
oh yeah i missed that, mb
you would not need money were y'all are going...
i just can’t imagine it being any other way… like if australia is so far ahead, how do other countries work? what’s your norm?
hey, we had that in europe aswell. ive been paying with my phone for years, dont even remember where my physical wallet is
almost all pos terminals in south africa accept both contactless cards and nfc payments. i do not carry a wallet anymore, and pay with my phone everywhere.
yeah been using my phone only for nearly 3 years. never had an issue and no more wallet. its great!
working at starbucks as a barista in el salvador to slowly buy btc anonymously. the perfect plan lol
you'll understand better after you upvote.
fees range from .3 to .4% to send and receive btc. for context, current visa %-4%. it's cheaper by nearly a factor of ten.
i'm an lnd contributor, there is two kinds of fees on the lightning network. there's the base fee, which is charged from every payment. then there is the ppm fee which, as the name suggests, is a fee proportionate to the payment size in parts per million. normally both are used so you'll pay say 1 sat in the base fee and then some percentage of the payment, however there is a big community movement to drop the base fee to 0 as it allows for far more efficient routing. read about that here: source for the kinds of fees:
the fee is set by competition between routing nodes. the default fee is 1 sat + (amount_in_sats*0.000001 sats). either can be set to zero or as high as they want. your node will try to find the cheapest route. i run my own and fees i pay are usually 1¢ or less.
they are paying for node management. if you run your own node the fee is 10 times lower, and even free depending on your channels.
cash would be feeless, but plastic is not.
not if the fiat in your country is completely screwed and basically worthless.
i would like to know if the transaction fee between customer and business is the same as when
i guess what i'm wondering is you pay sales tax and transaction fees? this will make the cost of goods and services slightly higher, right?
it depends on what problem you are trying to solve. the law seems to be less about enabling btc and entrepreneurship and more about facilitating money laundering and gaining the ability to tax "remesas" (money sent to poor people from family members abroad). the fees currently attached to btc are significantly higher than either credit card fees (typically 3% to 5% for merchants) or western union fees (average of 2.6% for people receiving money, but this can vary depending on a few factors).
i'm not positive, but i'd assume that similar to how the buy is instantaneous, the "sell" on the vendors part could be set up to happen automatically as well.
would the price be increased on the product to account for trading fees?
it’s already confirmed. el salvador law says prices are denominated in usd but that btc is legal tender.
as someone who has purchased many things with bitcoin, this is how it works.
ok, just in case you do not have access to google, here are some alternative sources: [reuters]( [nbc]( [wapo](
you have not figured out how to get around a paywall and its 2021?
here's a stat you can read clear as day: the average wage for a salvadorian worker is ,000. their minimum is $.60cents for person's over 18. ain't no muthafuckan salvadorian going to starbucks to spend . notice how completely empty that starbucks in the capitol (cuz that is the only place wealthy people who buy starbucks exist) is void of any people. it's completely empty aside from this dude filming his interaction. this entire post wreaks of wealthy folks playing games with e.s. so they can up their own btc wallets.
bitcoin network was not even involved, chivo network crashed terribly bad all day long
nothing but that is 20 bucks not a month of money
euro cash is real euro! imagine printing your own version of a fiat currency. the state calls it counterfeit, busts down your door, and locks you up. in crypto, you just get mocked as the market votes you into obscurity. the cost of liberty is thisagreement. what a beautiful thing!
all of el salvador btc is in 1 account. 1 seed phrase. basically the country of el salvador is like robinhood. its citizens do not have actual ownership of their btc
you’re out of your mind and clearly have never been to el salvador. plus theee are only like 7 million people total. it’s not a particularly significant roll out and it was not actually the app that failed. it’s intrinsic to bitcoin and lightning.
phoenix and muun are also non custodial.
that is some expensive coffee
this is definitely the best way to do this why are we calling this shit satoshis lol
ok but we're talking about the readabilty of btc values. if they are inscrutable, why bother?
bruh the people of el salvador have been protesting their trump loving 40 year old crypto holding president since the start. in may of this year, that fucker took over all 3 branches of government by firing anyone not completely loyal to him. he installs cronies and loyalists, all the while unilaterally imposing the bitcoin legal tender law... by using his new loyalist 3 branch government. and the suburban living, middle class people of reddit and the crypto community cheer it on... 🤦
your reply made me realize there is another way to read ucsdpharmer's comment. if you do not hold bitcoin, usd might devalue so much that future you will be paying .
people are absolutely retarded. the fact that people do not get this simple concept is absolutely insane and makes me worry about the human race. like, people seriously cannot understand that instead of starting with 3000, and buying their latte with 5(leaving them with 2995) they could just start with 2995? my god. and we are in a subreddit dedicated to bitcoin.
it’s because most of us don’t live in el salvador where they removed capital gains taxes on spending bitcoin. for most of us it means that you’d spend money that was explicitly set aside as an investment, lose out on the tax, and thus have to replenish the amount plus 15-35% rather than just pay with fiat or stablecoin.
the smartest people have the best willpower. not sure what that says about you, pleasure now.
> yet still after 12 years people argue that bitcoin won’t work coz no one will want to spend it. total rubbish. i’ve held btc for 9 years and you can be damn sure i’ve spent a tonne of it. pleasure now often trumps more pleasure later. it was many years ago, and i do not remember who, but someone in this sub illustrated the point perfectly by saying: >if it were true that no one will spend money that will be worth more in six months, then no one would ever buy a laptop, as waiting six months would get you a better laptop for the same money. i stole it and use it all the time.
we need to eat. we have bills to pay. we want comfort and entertainment. we do not want to wait until we retire to start enjoying life. there are so many reasons to spend, most people forget to save.
yes but notice that when you pay with a cc that you have to pay off the balance? potato potato
i'd assume that the pos system wouldn't recognize the transaction as being paid until it hits the correct wallet. that being said, cashiers also steal cash that is handed to them, but that is why you daily cash logs. presumably, this starbucks would do an end-of-day reconciliation of btc received with the expected amount based on the transactions that day, which is what you do now with cash.
how would you really know that if you were paying in cash? employee could be pocketing cash from the register. management has to have some checks in place for fraud and theft: reconcile number of drinks sold vs. revenue vs. amount of materials consumed, and so on.
that is not the buyers problem, and the employee would presumably get fired when they’re eventually caught because the owners have cameras and review them.
you are either trolling or just very stupid 🤡
and then someone walks up next to you and scans your card from your pocket.
read between the lines
you can use btc to send it abroad and your family can use it at the store. can’t do that with other methods. even if you can it takes like days.
learn about "settlement". traditional finance has clearing, normally 2-3 days. mainnet btc txn are settled faster.
the difference is, buying a coffee with bitcoin is creating history and a milestone in a greater financial revolution. and credit card is you just buying a coffee
what’s the point of a card? i can just pay with cash. what’s the point of cash, i can just pay with gold. what’s the point of gold, i can just pay with a goat.
this may be true for the professional trader. but i can assure you dca yields far better returns than timing buys and sells.
could be both, we'll never trully know who's behind this, just like we still do not know wtf happened in may, and that sure as hell was not some wanna be cool billionaire tweeting lol anyways, exciting times for crypto
there are 100 million satoshis in 1 bitcoin. it requires a paradigm shift just like when the us dollar went from being backed by gold to being backed by nothing. edit spelling
i was worried about this.
just like the hundreds of times bitcoin has "died", perhaps wait more than a day to make such a claim as it being a "failed experiment". if people like you were in charge of any meaningful creation or invention, nothing would get finished because you gave up after 1 day. also you are obviously a shill for your altcoins. which is fine i guess but i do not see what you're trying to really accomplish
screenshot this and add it to the list of time btc has died
come on, bitcoin in its current state is not that good as means of payment, trying to deny that would be just blind fanaticism.
it makes it crazy simple to accept payments.
are there too many brown people in el salvador for them to have starbucks? dumbass, racist americans…
no way. unless it is a stable crypto coin. bitcoin cannot be and never should legal tender of any country. el salvadorans just lost 15 percentage of their earnings yesterday. they may gain in future but it will thisturb commodity prices like very f...kn minute.
hopefully not an employee using his own wallet...
most pos systems today are just software(an app) that can be ran on any relatively modern smartphone or device. no need to buy a single use piece or hardware really
pos is just software. no need for additional hardware to store useless paper and metal objects.
cell phone can be integrated into the pos
it's also much easier for somebody to steal a phone
that’s why they are partnering with flexa. it brings seemless integration.
just because you don’t understand it doesn’t make it a piece of shit
i assume there is a store phone or maybe a tablet. some stores around here do that for credit cards already . even some cash registers that are just a tablet on a stand with the cash drawer on it.
they can use whatever they want
may be and may be not.i am not sure about that.
why cannot the business procure a cell phone?
you mean like a cellphone?
i assumed that this was the stores phone. just get a phone for the store, it does not have to be the workers phone.
when i was last in the usa in 2019 chips were starting to be used but it was not uncommon to swipe the magnetic stripe as well. though i imagine that contactless payments are starting to take off thanks to the pandemic.
big difference is that seller pays visa .
i agree with you. so in this case it helps the seller, but not the purchaser. i say this because it seems like the buyer is paying the transaction fee and not getting the credit card rewards points. obviously my pov is different in the usa vs el salvadore
i keep seeing people saying visa and mc fees are 3-4%. i run a small online business, and i pay 1.5% for card fees. is it really 3-4% in the us?? i'm based in ireland
that's not correct. you are looking at credit card fees and they are 2-3. for a debit card it is a about .5% for the seller only.
what a stupid answer
there's no tax on bitcoin transactions in el salvador from what i understand.
it depends, really. businesses would not have to pay a cc processor to accept transactions. and remittances will be vastly cheaper. hard to say now for sure when it comes to bottom line prices, but no matter what there is more money to be made and spent than with the old system.
the irs does not allow you to write off transactions fees, such as brokerage fees and commissions, when you buy or sell stocks.
i would guess it does take that into account, i think in business setting where you have expenses its not a great currency for example what happened yesterday could turn profit into loss if they held the coins.
okay, you just listed a bunch of propaganda outlets who hate bitcoin. i don’t care what they have to say either. the salvador just did something that’s never been done before, of course there are going to be rough spots along the way
it’s 2021, nyt has been revealed as just another mouthpiece for the government. i don’t even want to give them traffic
how would they steal the whole month's coins? genuinely curious.
what failed? did govt lose 500btc? did their node crash? were they hacked? you clearly never seen a shitshow.
, if you want something fancy it can get closer to (0.2mbtc)
just to have a fancy reference.
except nearly nothing is paid in bitcoin, and if you want to buy something "freely" it needs to be on hand. unless you want to transfer bitcoin for every damn transaction. like seriously, i cannot understand how someone like you human from our race is this insane and it makes me worry. you know what i'm saying?
switzerland here. no capital gain taxes too. :)
there comes a time when it becomes worth spending assets for goods and services. what’s the point of accumulating wealth if it simply sits there growing until you die
oh yeah that is good thanks!
hmm, looks like the votes suggest otherwise
which is: 1) incredibly rare 2) easy to protect with an rfid wallet 3) easy to get any money back through existing banking regulations. simple
that makes sense if i'm sending some currency over the countries without going through wire transfer fees and in a faster timeframe but this daily transaction for a coffee or any sort of daily needs is no different from using a credit card. nonetheless, btc is still a good store value.
and lump-sum investing as early as possible beats both.
this thread is about using bitcoin as an everyday currency. having pa fluctuate by 20% in a few hours cannot be seen as a non-event. imagine living in el s, receiving your salary in btc and witnessing the price plummet 20% in moments… how can having your purchasing power drop without warning be “nothing to worry about”? and now, before you say “the price is the same in bitcoin”, please use your head and think about what this implies at a macro-scale. i’m long on bitcoin, i’ve mined my first coins in 2013 and i couldn’t care less about that drop **personally**… but the sort of manipulation we’re seeing is a clear signal that bitcoin is still far from ready to be used as an everyday currency because of the high volatility. edit: but you’re absolutely correct, i’m stupidly dumb for taking 5 minutes of my time to reply to your insult with something constructive, as you’ll probably just thismiss it and keep on thinking you’re smarter than everyone who comes across your way
nice try, but no. i own a start up. didn’t take a salary for 2 years to get it off the ground while paying others. i never said it was dead. you insinuated that. it may still be a store of value, but it won’t function with the utility maxis think it will. hard pill to swallow i’m sure.
yeah... that's true 👍🏻
if it wont ever be used for payments then whats the point of its high value???
at the same time though, you should not expect employees to install software on their personal phones. if it is to be done via phones, then the employer should provide a phone for this purpose - this is in fact law in many places.
yeah, just have the cashier at the grocery store use their personal phone to scan every item. so modern, wow!
so employees need to use their own device, wearing down the battery and it is capacity, while opening up your device to more outside interference from thisgruntled employees? or you buy a phone for the shop, aka an additional metal object.
you've clearly never worked a retail job in your life. stfu
i don’t even see cash drawers anymore, just an ipad on a stand. some of these fancy coffee shops give you a nasty look if you try and pay with cash (uk)
they can and should, however some employers would refuse and try to put the cost onto their employees.
i wouldn't say that is a big difference. in practice it is the buyer paying the fees anyway, it is just reflected indirectly in the price. you'll start to see many places offer a thiscount for paying in btc vs card (1-2% for example) as the seller still benefits from that. obviously card companies try to prohibit this.
the seller can lower costs to be more competitive if the cost is built in to the transaction. we all end up paying for it either way, prices will tend to reflect that.
yep, the seller should be offering a thiscount to btc purchasers.
credit card fees to make payments online for services is 3.5%. i literally had a thiscussion with my fencing contractor yesterday about mailing in payments via certified mail because visa.5% to accept payments via cards online
as far as i know, the merchant is taxed, usually 1-2%. google payment processor fees.
merchant pays credit card fees square is 2.6% + 10¢ ref:
how will remittances be so cheap? unless you get paid in bitcoin you first gotta convert the fiat you get paid to it, which will cost you. but i guess that might be cheaper i’m sure visa etc charge fees. have the govt in el salvador described how you can transfer btc to citizens accounts?
i have a feeling that if, the volatility of the currency will stabalise a lot. its just this adoption phase thats gonna cause headaches for everyone.
i say this with genuine concern - please do not jam your head into an echo chamber that reflects the opinions you want to hear and scream "fake news" at reputable, mainstream news sources just because they may challenge your beliefs. you do not want to turn into the cryptocurrency equivalent of an anti-vaxxer scarfing horse dewormers because you've "done your research" and the mainstream media is a big hoax. i'm not attacking bitcoin or cryptocurrency or the concept of using it for in-person transactions. but you're being thisingenuous if you pretend that there are no concerns about jamming it into the economy of a developing country as a political stunt by a populist authoritarian.
well it is just a wallet so they can take any crypto that is in that wallet and unless it is removed by the business owner daily then it is available to steal and most would probably only empty it weekly or monthly imaging a big company with a hundred stores with 5 tills that is now 500 wallets that they have to empty daily? weekly? etc it's a big job so it seems unlikely to be daily but there is going to be a lot of money available to the employees depending how often they empty the wallets
what do you think "chivo wallet" is
bitcoin maxis ignoring the fact that you have to pay to actually get your btc on the network. 🤡
or just use something not so ancient.
i'm referring the hundred of times btc has been claimed dead as an analogy to you saying this has failed already, never said you called it dead i do not care if el salvador does not work. i do not even care if lightnight fails, as i do not use btc as a currency now anyway. but you saying this experiment has failed already, after 1 whole day, is laughable
and why would you use that if it can be non custodial and work perfectly on layer 1 (without forking)?
this seems like it is very much a first world thing. a lot of places that can benefit the most from crypto are likely the places that cannot afford to give their employees company cellphones. using a personal phone could help a lot of small business owners all over the world.
> useless paper and metal objects this refers to cash. in the video was a sticker that seems to say they only accept bitcoin.
yeah i've seen those. the stand is on a little swizzle so they can put in your purchase and then slam the tablet around to face you so you can sign it with your finger and make a joke about how bad your signature looks written by your fat fingers .
probably not because most (not going to vouch for all) merchant providers have it in their tos that you cannot charge an additional fee for using cc vs. other payment forms. this is why some places outright would not accept cc. it's also why some places will casually encourage you to use cash. some small places will offer a cash thiscount, but they are breaking the tos, but they know they will get away with it. also some places skirt the rules by offering a "convenience fee" by giving you some basic value-add, but it is really just burying the cc fees and this is generally considered a grey area with regard to the tos.
0.2%+€0.1 for debit cards in eu
the right comparison is debit card. that's 0.5% average for the seller. bitcoin is not credit.
in the uk, i pay the exact price via debit card. btc would be more expensive than gbp.
i doubt it, its far too concentrated in whales. its not going to be worth the risk and with rising enviromental concerns its less likely to be adopted.
i expect the till only has receive capability. the device can (or will be able to as things mature) only show the public address (qr code) and know when it has completed. no need for private keys to be anywhere near it.
oh shit, yeah that seems risky. perhaps each cashier is assigned a wallet and they deposit at the end of their shift, when they "cash up".
what you think a government adopted currency will not be taxed?
>it appears that the initial . okay, not good. >matt ahlborg, head of research at bitrefill, tweeted his test of the chivo functionality. he found the -chain after three to five chivo-to-chivo transactions and lightning payments can be sent to and from the wallets. but not terrible.
well that certainly qualifies, but does it compare to the first day of bitcoin adoption in el salvador?
yes, and it seems the fees are much smaller than your ridiculous take
for what purpose? the current payment methods have everything consumers need. they're fast, reliable, capable of handling millions of transactions per second, and have in-built fraud protection and regulations skewed in the consumers favour. what makes that ancient?
>using a personal phone could help a lot of small business owners all over the world. at the expense of their employees, who are adopting all of the risk by installing unverifiable code (to them) on their most personal device.
no ...it says we now accept bitcoin ...not only!
the merchant pays your fee for you. your prices have it backed in. it's just like vat.
just click send and scan tour own qr code lol
or they send it themselves... again this is kinda my point... unless the wallet is locked to sending only to one wallet then it would be ok...
its a rug pull waiting to happen
the coins shown in the video are already on the network. to put .35 usd at this moment. the video is showing btc on the network already and this whole post is ignoring the fees to get it onto the network lol
your transactions per second number is wrong by 2 orders of magnitude, as is your other opinions. bitcoin can handle as many tx.
i'm guessing you've never been to a 3rd world country before? this is an "expense" that most employees would love to have, if it means they can be employed.
even more reason for fiat over btc lmao
yeah smartass, now engage brain and try again... i am saying that there is no need for the servers to have devices that include a send function. it just needs to show an amount, an address and to show when its completed. it's trivial to create a wallet that cannot send for this pos purpose. same way only managers can activate refunds in most places, or how you do not give your employees the business' banking login details.
wrong again. anyone can send an on-chain transaction for just a few cents right now.
bitcoin can handle that can it? raw, or with ln on top? because you've just made that fact up... honestly please enlighten me with the numbers... and a reliable source. this should be hilarious
oh i'm sorry i exaggerated. it's still orders of magnitude higher than raw crypto without numerous third party solutions slapped on top... and guess what, it is enough for global payment requirements. what "other opinions" are wrong? please factually point them out mr crypto shill.
and i agree with you 100% but as of right now that does not exist so it is a moot point they can still steal lol
a ln node can handle 30-60 transactions per second. there are 26000 nodes. this comes to 780k - 1,5m transactions per second.
it is insecure, dangerous, expensive to use and increases the prices a shopkeeper must charge to stay in the green. all in all a huge clusterfuck. also lightning network is no third party solution, it is bitcoin.
who is the ceo of bitcoin?
nigeria and venezuela also blamed the devaluation of their currency on crypto, despite it being literally the opposite.
i’ve just tried to google “bitcoin ceo” and the first link“roger ver” lol
lol, so true. christine lagarde convicted for mega-fraud is out here saying bitcoin fuels illicit activity. hillary clinton talking shit about bitcoin as if she has any relevance whatsoever. imf heads concerned about el salvador as they enrich their entire country long term with volcano bonds. let's gooo!
i am the real satoshi wakamojoe
at this point they could blame it on “that bitch carol baskin” and i wouldnt be surprised
crypto is destabilizing them now they cannot keep us trapped in a rigged system they control
bitcoin is destabilizing you? good. ever heard of free market? that’s how it works
[the original (and superior) version.]( swapping "crypto" in for "bitcoin" and horrendously cropping it significantly decreases the quality of the meme.
it’s kind of like being the president of the united nations. people treat you like a head of state and you don’t have to do anything.
bitcoin is capable to destabilize the dollar because people have faith in it .
yeah i have seen this one before but what are his remarks?
seems to me he should have tucked his pant leg into his sock.
satoshi nakamoto pulls no punches.
i’m also a ceo. but, sadly i lost all my bitcoin in a biking accident.
tether be like : write that down , write that down !
it takes courage to do this. it is unlikely that anyone will like this.
naww you printed out too much money now it hurts…
being the ceo of the bitcoin , i hereby confirm i did this .
hahahahah that is the shortest sweetest way i seen truth put fort .
lol it is funny and pretty tough, but true.
as a shareholder in btc i'm glad to meet all the ceos of bitcoin on this forum...
how can bitcoin have a ceo when no one knows who created bitcoin to begin with?
i am the stick
the increased money supply is becoming a huge problem for us in the longer term.
send it to hillary!!!
the ceo of bitcoin power to the people we are all ceo‘s of bitcoin
these people at the fed are not fooling anyone
is anyone saying crypto is destabilizing? ps the money supply *had* to go up. you guys are weird!
okay i see this point touted so much. but what i’m genuinely interested to know what else the government could do to provide help to the population when there was a lockdown?
you guys think it is funny that the usd is failing? you're going to be singing a different tune when it all comes crumbling down. if you think btc is going to save your bacon, think again.
bitcoin does not have a ceo.
sorry to be that guy, but a reality check: 1. money supply was not increased 40%, it was 29% ([source]( oct. 2020 - oct. 2021 monetary base increase from ,917.1b to ,331.0b) 2. the increase in monetary supply could have happened with any currency in place, even a ledger-based cryptocurrency like bitcoin, since the actual increase in monetary supply was accomplished via borrowing and you can borrow crypto dollars just as easily as usd. 3. the issue raised was not about the destabilizing effect of cryptocurrencies directly, but their use as part of a coordinated effort to drive a reduction in the economic power of western nations including the us (specifically on the part of russia, [source]( and love crypot or not, that is actually a concern that has some academic traction ([source](
its ok you do not understand money
in terms of holding power, either m. saylor or winklevoss twins. in terms of power of influence, elon musk. i bet they may fancy being “bitcoin ceo”.
yo what about 4x m1 supply in the 2020? it's fine right? more money for our people! yay!
i would think that would probably be adam back right now.
just wait to see what they have prepared for the next 3 years
so then it is working like it was designed to. perfect
bitcoin has a ceo? lol
why does not he also do this with china, which both printed so much that the dollar did not even lose value against it and, you know, *literally banned* bitcoin? edit: errrr i misread that as *binance* ceo. downvote away, as i deserve it.
when market crash...it is waaaay past due
haha couldnt have said it better myself! and as all the others have said who exactly is the ceo of bitcoin lol
"...the notion that there is some unique relationship between the amount of money in circulation and prices. when you increase the quantity of money the extra money typically in our society bank and institutions, it will only raise prices when they spend that money. and when they spend that money, it may or may not raise prices, this is very important, there is no necessity prices go up."
can i please be the bitcoin ceo for next month?
lol ceo of bitcoin
hey guys sorry i’m late but i just got hired as the bitcoin janitor
just wait to see what they have prepared for the next 5 years .
the more the media lies the more i want to buy
i laughed too much at this
hey! upvoted, upvote back please, much love!
this is actually a great thread to read. dollars represent *gold and silver* held in *banks*. smh.
except nobody actually said that, and also increasing money supply makes absolute sense when republicans and centrist democrats would not support taxing the rich more
it's funny we in russia invest in the dollar, as in the shares of companies. ) a good option for hedging our cheap money. and you call your government corrupt. then what the hell is the name of our government?
\ 's decentralized reddit-like social media protocol will be live on 0xpolygon with polygon, will be offering users the best services with lower costs and faster transactions [ a big thank you for the polygon developer grant!
so then it is working like it was designed to. what could be better ?
to be fair, [the fed may not be the only one printing money]( edit: i'm in for the long haul, so this would not matter (assuming it is even true), but it could create some bumps (buying opportunities) in the mean time.
whatever "crypto" is. alts are an excuse to print money themselves.
and gold is at the same price... 🐹
i think i have seen this before, a post already like this.
can i have 1 bitcoin? 🤣 i have to pay debts
you're missing the part where a pandemic decimates the gdp of modern civilization, but ok! i forgot libertarians would just prefer everything to shut down and people to starve because "people weren't prepared to have no money for years." still have not really shared that cool solution of how loans work with crypto, without men with guns to enforce debt collection!
so bitcoin is just another i.o.u, like the american dollar, except one that is completely digital. so what happens if computers stop working and all that digital money is either in-accessible or no longer in existence?
big talk from a coin with the stability of michael j fox.
it's not destabilizing anything but it is 100% stupid.
ok, but just so long as you realize that this is not uncommon. the us increased its money supply by about 20% in both 2001 and 2020. it is a common thing america and other large money-printing nations do to respond to a crisis.
i am 97.37% sure more money you need, worse the economy is 10 cents for a water bottle vs 10 dollars for a water bottle, both on normal price
the increased money supply is becoming a huge problem for us in the longer term. this is why i am sure btc will come up with a solution. even privacy is a big problem, this is where scrt comes into play with their layer 1 encryption.
it's normal, you need someone to blame. erdoğan is blaming foreigners so hate turkey and the people believe him lol
guys. i’m the ceo of bitcoin. good to meet you.
assuming you're genuinely confused, in the early days msm was so confused by bitcoin they kept attributing random individuals as the ceo of bitcoin. now it is just a running joke.
have you heard of the hacker 4chan? it's his brother.
ask bitcoin support. they'll know.
i’m just here for the comments
wait now this is the matter concern first, we do not know him.
came here to ask this.
satoshi nakamoto which is obviously bill clinton just trying to piss off hillary and her banker friends.
the dreaded pirate, ruben.
must be the one ordering the 20% valuation swings
anyone that holds their own keys.
might as well be michael saylor
the same person who is the president of bitcoin. duh.
in 2017 a coworker of mine tried to tell me that she used to date the ceo of bitcoin lol
i actually am the ceo of bitcoin, believe it or not
it's time for me to come clean. i am the ceo of bitcoin.
the real bitcoin ceo was inside us all along.
well, i am the cfo of bitcoin.
yeah til bitcoin has a ceo.
hu is the ceo of bitcoin! 😆
jack dorsey is the vatalik of the btc blockchain
came here to ask exactly this. i’m down with the message but, let’s get our facts straight.
what did they mean their currency is going down due to crypto?
is this a joke? if not, do you have a source?
this is a problem
could you just confirms it and mention a link here for the perfection.
it's all about control. nothing more. nothing less. the biggest detractors of bitcoin are those that stand to lose the most.
hillary is just trying to drop the price so she can get in it
hillary want her a good and great benefit start from the down.
hilary was not specifically referring to bitcoin she said "other chains". didn't specify one.
some people are saying that clinton will be president before 2024, apparently some political forecaster with a good track record claims harris will be out, then clinton as vp, then biden steps down.
hi wakamojoe. wen price increase?
or maybe leeeeeeeee royyyyyyyyy jeeeeeeekkkkkiiiiiiinnnnnnnnssssss
>crypto stop using a collective term as if it is all equally valid.
how is it destabilizing them?
and they cannot do it all the way along the clock for us now.
some free markets are more equal than others.
hahahaha we only like free markets that we have complete control over silly
there is no such thing as a free market it has never existed and never will exist it is a complete myth.
but actually i do not want it to be insane so soon, it will be but.
well crypto is better than bitcoin for this meme, because the gov attacks all crypto not just bitcoin. it also extends the awareness, which is good.
> seems to me he should have tucked his pant leg into his sock is that like a sex thing? cuz i'm down.
yes, so what do you think of the federal reserve
is there any advantage to have tether at this point?
hillary clinton and the treasure secretary said it this week.
and good if it is, realistically to have a true value of a comparable fiat each country should have the value of their dollar measured against one currency not tied to any country but on a worldwide level such as bitcoin. if your always comparing yourself (or country) to the jones’s your only worth as much as they are. but if you compare yourself on a global scale some countries will get a big wake up call such as the usa because then they will also have to be compared on a global level, and that my friends is a scary thought for the jones’s… so they are right in one aspect, it will shake up the us, but only because they would no longer be “the currency” to be compared to. they would have to play by the same rules as other countries that are compared to their dollar.
gotta turn off cnn bud, listen to biden's cabinet
i think the (likely) problem is the *rate* the money supply going up. seems like uncharted territory.
individuals only saw about 20% of the excessive money printed by the government in the us.
that money was direct to consumers. it went into the economy and helped the poorest survive, unlike quantitative easing, bond sales, etc., which i think is the source of most of the new money. most of that new money went straight to the 1%.
um, not lock them down?
the lockdown is over since a long time. employment is very high. if it was needed there would be no inflation. they use monetary expansion to keep government spending high without raising taxes. inflation is just an hidden tax.
ways to avoid money printing are: 1. decrease public spending in other areas 2. increase taxes alternatively, they could have chosen to (a) not lockdown or (b) compensate the lockdown less. i personally don’t think the notion is that crazy that govts shouldn’t have compensated the lockdown as much as they did, at least for companies. much of the spending has explicitly not been for keeping people afloat in a tough situation but rather to encourage spending to stimulate the economy (sic).
is it their job to do that?
the ceo of bitcoin is the anonymous hacker 4chan
i am bitcoin ceo
i hate when the comment with actual sources gets downvoted. i had read the 40% number before and tried to source it, but failed.
incorrect: bitcoing is loaned at a higher ratio than 1:1, meaning you need to have more bitcoin than you are borrowing or lending as collateral, this is deflationary as you "lock up" more than is loaned. fiat currencies is only using the word borrow or lending, what they mean in fact is print money! and you need to pay them a fee, which they jokingly call interest. banks, depending on country can also lend that printed money at ratios of 2000:1 or much much higher depending on jurisdiction which is further deflationary but i digress, if you think the official number of inflation has anything to do with reality you are not living anywhere remotely close to this planet but are instead in someones pocket reading a script, do something crazy and look for yourself, do not follow the bread crumbs the wolf is laying out.
i have twice as many dollars and they purchase roughly half of what they used to! yay!
you are ceo of bitcoin now
no it does not, because it devalues everyone's money. you do not fix a cut by shooting someone.
you're becoming sleepy. very, very sleepy...
i was so happy to hear that kanye west’s company yeezy llc received 2-5 million dollars in ppp loans. the poor guy definitely could not have afforded to keep his company afloat let alone put food on the table with his net worth at 1.3 billion in 2020. now he’s worth over 6 billion in 2021. that was a close call for him but those ppp loans sure did the trick!
> you're missing the part where a pandemic decimates the gdp of modern civilization i *am* missing that part, because the virus did not go around with guns shutting down non-essential businesses, that was the government. > i forgot libertarians would just prefer everything to shut down and people to starve i'd imagine they would have preferred businesses to just be allowed to operate - not sure how that leads to people starving. > how loans work with crypto, without men with guns to enforce debt collection! as long as the loan is documented properly, why wouldn't the state enforce collection?
it's called collateral. it's how a real loan works... if the borrower cannot pay back he is the one who is liable, not the lender or tax payers, why are they responsible? the majority of loans prior to the 80's were these very types of loans. we also had a stronger currency long ago that encouraged savings as opposed to the terrible monetary policy today which originates with and encourages debt in general.
housing crisis, staged pandemic, ... there will be always another excuse to prevent the fiat pyramid scheme from collapsing. what's next?
libertarian are mostly against shutting down stuff. people are dying because we shut down stuff. that's a fact.
i do not follow. are you suggesting there is no way to separate crypto from fiat? you'd be right. how else do we know btc is worth more than shib quantitatively? or measure any cypto value. if cypto stood alone, we'd still have inflation
tell me more about "computers stop working"
yah did you see when it crashed from ?! sheesh. much volatility.
can i have a raise?
and i'm assistant regional ceo of bitcoin.
sweet. great job beating earnings last quarter.
hi i’m date mike. nice to meet me.
lol, can you create another logo for bitcoin? it would be color white and black
hi! are you hiring right now?
where can i pay my bitcoin bill?
hey - i sent 7 btc to the wrong address, where can i get a refund?
no wait, some guy in a mask said i was the ceo… i got a really expensive haircut for this gig, wtf?!?
i would like to know the exact date and time that bitcoin will hit ,000,000. asking for a friend
i am the ceo of bitcoin.
oh here you are, nice to meet you sir, can i have the raise?
wow can i get some btc ?
mid you pay satoshi to define bitcoin, and where is he now? i do not trust you.
you're fired, you're hired, you're fired
as ceo of bitcoin, i agree. ridiculous
"and who is this four chan?"
i do not think it is a joke, imagine that the ceo did appear out of nowhere
wait, then who is anonymous?
8chan finally went legit!? good for him!
they just keep transferring me every ten minutes and then tell me to hold.
what is the number? it's not printed on any of my bitcoins.
but for that could you just give me the link where i can ask?
whoever can shill the loudest?
bill came up with bitcoin to pay all the hoes on the side so hillary wouldn’t find out … probably explains why hillary is blabbing on and on about how bitcoin is going to ruin everything
did you mean hodl?
my kids keep talking about an "alexis" or something wtf?
not a joke. my buddy there told me about that. [
exactly it is all the matte of taking over the control into the things.
disingenuous. she specifically said it could threaten the dollar's reserve status. only one crypto fits that description.
if some random person said the same thing this community would probably agree with them. she was basically saying crypto can be used for fraud, say a pyramid scheme, she did not say btc. when you look out at all the shit coins would anyone here honestly thisagree with that?
but you have to get the point she is just getting into, what she is asking.
are these the same forecasters that predicted jfk jr. returning to dallas?
your comment is irrelevant to the point i made
by giving the people control over there finances...they have had a monopoly on the financial system forever and they see that they are losing that
alts are just an excuse to print money themselves.
if tucking a pant leg into a sock reads "sex thing" to you, i hate to tell ya... *... you're doing it wrong.*
i am sure you have expected this from his name, do not you?
no get rid of all tether, it has no actual finance backing. use usdc
she probably does not actually believe it though... just a convenient lie to peddle.* ^(*no bicycle-related pun intended.)
i think what she actually said is that hostile foreign powers such as russia could potentially manipulate cryptocurrency to destabilize america’s economy.
was that regarding usa specifically or nations in general? i thought the concern was that a notion some hold - that unstable political and economic conditions increases crypto adoption- creates perverse financial incentives to sow thiscord and thisrupt economic.
>they would have to play by the same rules as other countries that are compared to their dollar. i think this is where the notion of "destabilization" comes in with regard to the us. if *any* currency (crypto or otherwise) replaces the usd as the global reserve currency, paying down the deficit may become impossible, and the resulting (likely) default could make 2008 look like a cake walk. maintaining the status quo means fiscal thiscipline only applies to other countries. (my grasp of the treasury market is iffy, so i welcome any corrections to my theory)
*gold enters the chat and cries. apologizing for letting the world down.*
"must continue to prop house of cards"
now this is damming. ther printer was turned on to benefit the rich & powerful. thanks
individuals only saw about 20% of the excessive money printed
not calling that decoy seattle number. probably to some escort service or something?
> bitcoing is loaned at a higher ratio than 1:1, meaning you need to have more bitcoin than you are borrowing or lending as collateral, this is deflationary as you "lock up" more than is loaned. this presumes that you use an in-blockchain system. the fed would not have any need for such a thing as they are happy to issue bonds on their own. whether the currency of those bonds is measured in btc or usd is irrelevant. > fiat currencies is only using the word borrow or lending, what they mean in fact is print money! this betrays a deep misunderstanding of macroeconomics. printing money is the job of the mint. increasing monetary supply can be accomplished without printing extra currency. in fact, if you look at the link i provided, the increase in raw currency was much lower than the increase in the monetary base. you might want to learn more about how the fed works before making definitive statements about it.
yes you fix it by rethistributing existing capital, but as i said right wingers are more terrified of socialism than they are of "printing money" if increasing money supply stimulates economic growth and funds support packages it is absolutely worth some inflation
i mean rethistributing wealth would be the optimal solution since the top 1% hold almost all the cash. since they’ll never do that in the united states, printing more cash is the next best thing. devaluing your currency doesn’t mean much when you only hold several thousand dollars. the ones it’ll actually hurt the most is whoever has obscene amounts of us currency which isn’t the average citizen.
obviously skynet, terminator style world domination
well it has no physical existence, existing in “cyberspace” to which we only have door ways to through computers and the internet, but we can’t bring this currency into the physical, so what happens if we loose the door ways?
yeah sure just wait 1 to 5 years
you just had a raise and are currently in the process of getting a raise.
as long as you’ll accept your compensation in bitcoin.
assistant ***to the*** regional ceo of bitcoin.
hey bob, good to see you on here.
are you assisting him? i am her brother, we were playing ping pong
thank you. all we had to do was follow the code.
and here we got the appreciation of just the deed to follow the code.
and for the next one too, just wait to see it. i later enjoy it
nice to meet me too! it's a pleasure for me meet me
oops, here we just got a job seeker, do not worry mate, you will be soon.
wait just a few min and you’ll have plenty of addresses in your inbox 😂
it depends on where it seems more conventional, but look for privacy above all
ask someone who claims to be bitcoin support. they usually charge 0.01 to 0.1 btc
if you ask around in the social media circles, i'm sure lots of people can help get it back, just have your seed ready
he is the ceo, he gave me a pony, who else can do that than the ceo?
surely tomorrow, you have to be sure of that, tomorrow a bitcoin will cost a porsche
you can get btc o bts, everything that you want to have
satoshi is in the virgin islands playing paint ball, the ticket is paid with bitcoins
imposter! i’m the ceo
*mom says it is my turn to be ceo of bitcoin*
co-ceo here, and i concur.
ceo of ceos of bitcoin
his dad who works at microsoft. ure so banned
what a cryptic response.
lol, no way you just came up with that
i have to say you that you need to wait a moment to sell your bitcoins because i'm the ceo of bitcoin
i know we all have high hopes for algorand, but let us just take it 1 day at a time. stake and hold.
well they are just getting the things all done in the part for them.
true but you can also say the same about cash and fiat currency payment services. western union and cashapp have the reputations they do for a reason.
no, it is people thinking that biden would not finish his first term.
who said i was attacking the point you made? "crypto" is like the word "food". which can be anything from caviar to greasy hamburgers.
i'm not sure how it is giving people control over their finances, though. if they were regulating it, people would need to use hardware wallets to avoid that regulation, which most do not. also, are not the rich buying it up in massive amounts? i am concerned that the government is already getting their hands into it in an attempt to control it, and i'm not convinced they would not succeed.
well at all we have to do it wrong because you have just confused me.
well my first girlfriend in jr high did seem awfully confused...
what would you call yourself if you were a spinning machine that generates cooling wind?
i think she believe it because she is intelligent and she is right. crypto hurt the government ability to tax people with inflation. it gives people a way to avoid that new tax. the other options are to raise other taxes or to reduce spending both of which are even less popular than money printing.
i still have yet to see someone give a definitive explanation as to how a government like china or the us—with almost limitless power to create fiat currency—can’t enact a long game strategy to systematically take over 51% of the network over a period of decades, and effectively control bitcoin.
oh, read the whole thread. i think he is 13. it's a good laugh.
you clearly do not understand how the us dollar works... i'll let you think about it.
do you need something else? you're talking with the ceo
let's keep yo momma out of this.
did you get your own workspace?
hi boss i'm bob's assistant. good morning everyone keep up the good work at bitcoin headquarters.
how can i follow him? i lost track of him a long time ago
revenue too! will probably beat top and bottom line!
wow - 22 replies already! the key seems to be send some bitcoin to their address and get more back, simple enough.
those circles are difficult to create, you just have to look for a simple one
well cannot argue with that.
i am vice president of new coin development
*i should have concurred*
a russian agent, no doubt. spreading his hateful bigotry in the form of “dank meemees” (as the kids say) of pepe the frog. will four chan’s dastardly deeds ever be punished?
dammit. i only have .2 btc so it is only showing "in".
pretty funny. stop downvoting this you clowns.
because you said it on my comment and the way i was using crypto it did not really make sense to specify between good and bad cryptos they fear crypto as a whole they do not know the difference between good and bad it all scares them...but other then that i definitely get what you are saying
i'm a fan. *yahtzee!*
it’s not hypothetical. last year 65% of the bitcoin hash rate was controlled by chinese miners. as crypto becomes more and more engrained into world economies it’s going to become just a bigger and bigger target for geopolitical meddling.
no, i do. it’s basically an iou for gold and silver that’s held in the bank, each dollar is a representation of a certain amount of gold and silver
but the dollar has physical presents and has been used every where for so long that one can easily forget that it’s a representation of something valuable and not something valuable itself, so if banks were to say “you can’t trade your dollars for gold and silver” it wouldn’t have much impact, but bitcoin has no physical presents
haha, your mama out of the scene, that is a bit good now.
my workspace is nine decimal places big
now you've got it!
now i have to assume you're trolling... if not, read up on fiat currency and the gold standard. there is no silver or gold backing federal reserve notes. study m1 vs m2 vs m3 vs m4
>no, i do. it’s basically an iou **for gold and silver that’s held in the bank**, each dollar is a representation of a certain amount of gold and silver
>but the dollar has physical presents ... > bitcoin has no physical presents i'm still waiting for the dollars to bring me my "physical presents". will they be gift wrapped? they better be gift wrapped.
you knew about this, and kept it from us?
well you’re just wrong. dollars exist as bank notes representing gold and silver, that’s why dollars were invented so you wouldn’t have to carry around gold and silver. all money is, is something that represents value
wow you really went off while i was asleep. listen kid, i would love to try and explain it again, but if you don’t get it, well that’s just a failure on your part and i can’t compensate for that. come back when you’ve learned the idea of object permanence and maybe we can try again
actually, i’ll try one more time. so you hand a dollar to someone its giving them something physical that represents value. without computers which could easily shut down in mass, especially with mass emps, you have nothing physical to represent the bitcoins value, meaning it can’t change hands and doesn’t even really exist. also don’t be so dogmatic with writing, do you know what that word mean, buddy? this isn’t a middle school essay, if your old enough to know what those are, but all the same this is reddit where the text is basically a a conversation and actual conversation rarely follow rules of literature, so again don’t be so dogmatic
at this point i have to assume that you are 12 and have actually no idea how dollars work at all.
>well you’re just wrong. dollars exist as bank notes *representing gold and silver,* that’s why dollars were invented so you wouldn’t have to carry around gold and silver. all money is, is something that represents value
why do bitcoins have the value they have, what do they represent?
at this point i have to assume your insecure about bitcoin and are trolling yourself, because you haven’t put any information forward that’s proven me wrong, so i’m to assume you don’t have any actual information
let's go back to your original statement. all computer suddenly stopped working. you realize that you would have no power, your car would not start, factories are completely shut down permanently. harvesting equipment does not run anymore. banks have no idea how much money you have those records are on their computers. us federal reserve notes are backed by nothing except us federal reserve notes. there is no gold backing them, there is no silver backing them. that is what fiat currency is. most us dollars are not printed. tiny fraction of the overall monetary base is in physical form. the majority of it is nothing more then a ledger stored in a computer system. bitcoin has value because it is a decentralized medium of exchange. it has no central actor creating more of it out of nothing for infinity. once all 21 million are mined, there will be no more. the ability of the federal reserve to print an infinite supply of dollars has been well-established and admitted by the head of the federal reserve. and when i say printed, i do not mean physically printed.
but the dollars exist, so that’s something that could be used as currency if theirs no power, i could hand someone a dollar something that represents currency and get something, it has physical existence and represents value so it can be used to trade without power. and what dollars represent is the idea of value, the value being gold, they may not have gold on hand, but what they always represented was something valuable that being the idea of gold. if theirs a set amount of gold and they introduce more dollars without increasing the gold, the dollars become less valuable as they represent smaller amounts of gold, which is why an infinite amount isn’t printed, but instead a finite amount is kept in circulation. it may have shifted from literally representing gold, but what it has always represented is the idea of value. which seems to be the same thing with bitcoin, except a finite amount isn’t kept in circulation as if someone puts however many on a thumb drive and destroys it those bitcoins are gone, making the rest more valuable sure, but if a mass power outage can make it all non existent then does it really have as much value as has been put on it. the bitcoin is like another countries currency with a conversion rate and everything 1 bitcoin represents however many dollars, and is used to buy things worth however many dollars, except it doesn’t have any physical existence meaning it really is just theoretical, just like what backs the dollar, but the dollar can exist without what backs it
but you don’t have to worry about me instantly causing the value of bitcoin to plummet, i’m sure it still has a few years
sorry, i'm not reading all that. the notion that computers will just stop working is insane. if that were to happen all of society would collapse and humankind would fail. we cannot feed 8 billion people without computers. we cannot provide fresh water to 8 billion people without computers.
i cannot believe i wasted my time reading that wall of utter nonsense. first, learn how to actually form sentences from words and paragraphs from sentences. second, learn the difference between your, you're, there, their, and they are. third, please do not buy any bitcoin. it obviously is not worth anything because a worldwide emp could destroy all computers resulting in bitcoin being unable to be traded because it is not printed on little bits of paper. lastly, do not start sentences with the word "and". ps: looking over your comment history, you also do not know the difference between "our" and "are". but you're a [teenager]( so that is probably just a failure of the public education system you were subjected to. (not "too", not "two", but "to".)
the dollar has lost more than 99% of its value in the last 100 years.
that’s you building up an extreme reliance on computers, sure not everyone would you survive, but it’s an almost laughable exaggeration to say mankind would collapse, that echos a sense of being out of touch. and it’s not even that far fetched of an idea that computers could for any number of reasons stop working on mass. also if your choosing to not read my reply that’s fine, i’m sure it’s hard for you to understand with all the big words i was using, it’s really my fault for not thinking of who would be reading it
yep, thats called inflation, but part of that is a rise in prices requiring more of the dollar
the big words that you are using incorrectly and spelling incorrectly? name a single situation where all computers can stop working, *en masse*.
changing environmental conditions can mean a loss of hydro electricity, and wind power, running out of fossil fuels, solar flares can and have in the past wreaked havoc on cities electricity and computers or man made ways like mass emp detonation, hackers. the list goes on
and i never actually used any words incorrectly, i may have spelled them incorrectly, but that’s as a result of my large fingers
there is no situation you've described that stops *all* computers from processing. emp wiping out every computer is science fiction. everything else you've described could just as easily happen (and has already happened) to banks. the percentage of physical federal reserve notes representing us dollars is 11%. that means that 89% of all usd *only exists in a computer system.* every computer permanently stopping means *no electricity.* it means *no automobiles manufacturered after 1990 run.* municipal water supplies (and sewage) stop. all planting and harvesting and processing of *all plant based food* would decrease output by 99%. honestly, you should have stopped after you stated that us dollars were backed by "gold and silver" in a bank somewhere. this alone proves your utter and complete ignorance. i sincerely hope you're just a 12 year old who should be in bed. worst case scenario, you're a high school economics teacher.
wikipedia!? now it’s official!
this is the best timeline
bitcoin history being written.
2021 is the year that memes cross over into real life.
which country will be next?
whats the difference between btc and xbt? can someone explain please
viva!! el salvador! see youu
time to plan vacation!
3 btc gets you permanent residency
it listed that before the bill was even put to vote 🤣
pretty easy to edit wikipedia… calm down
this is going to be fascinating to watch, but i'm actually a bit concerned this may not end well for bitcoin. the outcome of the block size wars is that btc should be digital gold, not cash. this legislation is trying to treat it as cash. ever paid your taxes in gold? as many merchants try to get onto the lightning network, it may clog up the blockchain and send tx fees skyrocketing. this will only piss off more merchants who now need to accept btc and have to pay a huge fee just to onboard to the lightning network. it may work for el salvador, but if a country like brazil wants to use btc as cash, i doubt it can scale to that level of activity. i'm a crypto bull, but let us be realistic about the technical limits of the network
this adoption is great. but out of curiosity, what about the high transaction fee problem? it does not seem like a practical exchange of currency unless the sums are big such as buying something that costs +. is this good because it is more of a proof of concept?
it seems surreal...how long did we wait for this ! however, it would not be the last time we see it.
how many colons can a get for .50
biggest w in bitcoin’s history since its inception... don’t me
90% of all bitcoins are owned by just the 1% of wallets created, it is impressive how people continue to invest in a currency that is literally a millionaire's game.
imagine going to buy a car with bitcoin only to realize it dropped 10% in value on your way to the store.
who would fall for this? why pay with a deflationary asset?
you guys know that it is just someone from r, do not you? that's how wikipedia works
anyone else laugh at the bit where it says the colon is out of circulation or is it just me?? lmao that country must be seriously bunged up!!
can we all agree that the bitcoin ticker symbol is btc & get rid of this xbt stuff.
some country had to be first, el salvador took that spot. well done!
remove the xbt, it is obsolete.
isn't the site where anyone can add anything? in college days, we were not allowed to use wikipedia's information for our research because not all informations were ligjt.
wikipedia is not a relevant source for anything, has little credibility and almost no influence on anything. highly biased and polarized content created by leftists.
i should see the pump really soon now
legend! writing being written.
this is make this so much better for the crypto community.
now it’s real! 😂
their tld is satoshi’s vison 😂
and so it begins
wait, el salvador’s currency was the usd?!?
i'm more interested in the colon circulation.
who is next? 🇻🇪?
"currency in use" ... lol
all eyes on el salvador now. just remember, every hiccup (and hopefully only hiccups) could have large downside impact on price.
will this cause a devaluation ?
i really want to go to el salvador just to experience this. i say it is a nice tourism campaign for the country too. lols travel for crypto
this is so unreal
it's so cool is because it is!
its already getting interesting crypto to the world
they're going to take over mining and drive bitcoin into the ground
since 2021. history in the making
crazy time to live in
welcome to the beginning my fellow early crypto investors!!!!!
wow wikipedia list it, that must make it official and important!
i certainly hold btc a little more on my ownr wallet. but why did not the price go up because of this news?
i feel like most people here are misunderstanding what this means. it is a currency not the currency. usd is still the primary currency and thats not changing anytime soon. also el salvador is a shitshow so its not guaranteed this will be good for bitcoin long term. it could be, and i hope it is, but lets not jerk ourselves into a land of delusions and ignorance while we wait.
very interesting that this is happening in a “overthrown” and using the us dollar the transaction fee and timing problem is not solved by ln, it’s solved by el salvador creating official, registered wallets for its citizens on a custodial website no different than coinbase. that would immediately negate basically any transaction delays or fee problems. and people are delusional if they think it’s going to be more like having your own wallet rather than a paypal “crypto hub.”
that’s when you know the country is truly fucked… they don’t have their own currency
queue the american invasion of el salvador.
that's a historical moment we are seeing! i hope list of such countries will grow :)
what is going on socially?
it is also worth noting that satoshi nakamoto is the current prime minister of el salvador. if you do not believe me, check wikipedia in 5 minutes.
great now a single group of corpos controlling a country's money
so time to buy more bitcoin??
meanwhile the german wikipedia still is not sure weather or not to put in as the official currency because the law will only take effect in 89 days. they had a big edit war the last two days with almost 30 changes, weather it is the official currency or not.
when is wiki going to label gp as venezuela’s currency?
good for them. the usd is dogshit
the law does not take effect for another 89 days though...
will sats now be called salves?
this is really huge
just want to say , since btc mention, anybody see and read the reports from the bitcoin miami conference last week? if so huge hype. merging with fin tech ftcv. premiums are dirt dirt cheap . heavy shorted and want to keep the price down. i’m loaded up on calls. risk to reward is insnane!
guys, come on, it is only el salvador. you know, the country everybody wants to leave?
is this the place to go for vacation on my gains without uncle sam holding the hand open then?
anyone else thought this news would have had a bigger impact on the price of btc?
no government will give up their currency, unless balls deep in a priyamid scheme.
question: a couple of weeks ago i paid 20. so will people in el salvador use btc in their daily life?
wikipedia will soon remove usd from the currencies
nice, this is amazing. hope this leads to more adoption of crypto. (not related, but i did not actually realise before now that el salvador does not have it is "own" currency and has us dollars as it is currency)
history is being written today! we have come a very long way, and we still have a very long way to come.
theorectically, could you fly there with 9999 worth of btc, exchange it tax free to elsalvadorian money, and reconvert it back to dollar?
[ need only 40 people to sign up so i can get my money plz help
i wonder how long it will take for us to invade el salvador and restore the usd as the only currency...
guess everything will be listed in fiat and you have the choice to pay in bitcoin, cannot imagine it would work the other way around
i've posted the same thing 5hr before this post and never got any attention is this reddit content manipulated in same way?
i'm curious on how people are going to be using btc in el salvador. when i was there, most people did not have access to the internet or technology for the most part. then again, i was also mainly in the outskirts of el salvador by the beaches and not in the main cities where technology is probably much more prevalent.
good luck trying to buy or sell anything in el salvador now
el salvador making btc a thing still will not solve their poverty rate, crime, and gang situation for the people who live there or who are fleeing to the us border (via mexico). source:
which will lock in first, taproot or the el salvador bitcoin law?
this is like a bureau. gold's two most direct opponents, the us dollar and u.s. treasuries, raise interest rates on u.s. treasuries. gold will fall. therefore, the u.s. central bank has a demand: to suppress gold and silver and make way for digital currencies. u.s. intelligence agencies including the cia and nsa have actively participated in the construction of digital currency. in addition to using this channel to fund various illegal activities, another more important purpose is to provide for the ruling class of the united states. solve a puzzle - gold. the main purpose of a method like bitcoin is to artificially create a seemingly limited "pool" with essentially unlimited space, and then use this artificial "pool" to thisperse the funds that should have flowed into the gold market. if the price of gold is not suppressed as soon as possible, then once the price of gold rises, the fed’s fig leaf may soon be lifted. the price of gold has been manipulated for a long time. behind the federal reserve, the owner of the us dollar is the real power to suppress gold.
so if we pump the price, we could make el salvador a very rich nation?
hoping more countries follow suit!
i'm surprised those obnoxious wikipedia power-editors did not go all "well ackshually" and remove it
wow. even wikipedia does not understand that bitcoin is not currency... pathetic. legal tender = money, not currency.
can someone please explain how bitcoin is created in mining farms?
til that their official currency is *usd*.
this is so fire
how do you think this may impact the stability of bitcoin?
just seeing this is shocking man...just shocking!
is el salvador granting asylum for us bitcoin outcasts?
god bless el bitcoinadore
i'm going to el salvador for my honeymoon
you can literally edit any country's wikipedia page to say this. wikipedia can be edited by anyone.
just shocking to see this!
why usa didnt approve bitcoin as a money? its soo easy and simple.
whole economy dropped 34% this month then?
so happy about that
legit question: but do they actually use it as their main currency? i couldn’t imagine using it as a primary currency in its current state. imagine going from “honey we have enough to pay 2 months rent!” to “honey we can’t make rent” in like 2 days 😂. it needs to stabilize before anyone considers using it as a primary currency
the most stupid idea !! its too early guys for that moves
this is just crazy!!!!!!!!!!!!!!!
colon? sounds like they started with shit coins.
how does btc work as a currency anyway? are people gonna wait at the register until the price drops a dime? what if you have enough for groceries but the price goes up 9% at checkout before you get there and you can’t buy it?
the salvadoran colon’s apparently out of circulation and gone to shit.
murder capitals all take btc!
what r the biggest problems with this decision?
can anyone give his binance referral id? i'm'a sign up on it, but no one of my friends have an account.
what are the biggest problems in your opinion with this decision
btc adoption as a nation cool yadda yadda they drive on the right?!
when i first saw the news of the successful passage of this legislation, i honestly just had a huge feeling of relief come over me. after dabbling off and on in bitcoin since 2014 (never having held long enough to get rich sadly) i have been watching the bloodshed in markets recently and was starting to question everything. like, is the world actually ready for such a novel currency and will it ever be??? but finally the day has come where a country adopts bitcoin as its legal tender. the world is ready, clearly. best of all, it’s a hell of a lot easier for others to follow without being the first-mover, giddy up!! 🤩💯💎
pretty soon we’ll ha d another country
lol the fact people in the comments are praising this even though the majority stake of bitcoin are held by a fraction of all wallets out there. what a great and stable currency!
show the history section where el sav offers the masterclass in *doin' it right*
if it’s in wikipedia, we know the information is real. seems unreal though 🤩
who gives a fuck what wikipedia says
so xbt is the official name for bitcoin, not btc?
now other countries are going to be the late adopters. well done el salvador!
i do not hold this coin. but this act will be a game changer for all crypto as a whole and wealth that is about to pour into el salvador will set the bar and will have a snow ball effect. no more will drugs be the main money maker!
you guys think now is a good time to buy? been waiting for a dip 🥺🥺🥺🥺🥺🥺🥺🥺 ;))))))
damn. i never thought i’d see something like that.
a bfd for sure, like dominos watch other countries with adopt... and no cap gains tax! pack the bags were moving 👍
san salvador straight from future. hehehex
"el salvador" literally means "the savior". coincidence? i think not.
never gonna be able to used it what people go to a super market and stand in line a bout 15 min till a payment goes throughout let’s be real
being legal tender does not make it suitable as currency. that comes later.
i’m not surprised, they get taxed for using the usd from the united states government, we will see many poorer countries follow soon
lfg!!!!!!!! just the tip of the iceberg folks!!!
only took 11 years to go from fake internet money to an *official* national currency. the moon cannot be far off. :d
let’s fucking gooooo!!! 🇸🇻🇸🇻🇸🇻
and soon it will say el salvador is “alt-right”.
the countdown to the first universal digital currency goes; ...10...9...8...7...6.6.6
that's the ultimate goal of bitcoin, being accepted as a currency by the world
woah?? nft tech is gearing up for a dual launch — this means that you will be able to mint, thisplay and trade liquidity-backed nfts shortly after the token ido and listing events. if market conditions are favourable, you can expect to get the full nft tech treatment this summer, with the launch scheduled within the coming weeks.
el salvador did great promotion for their country, their tourism will jump a lot! hope other countries follow them and do the same soon.
anyone who is kind enough to give me a bitcoin is really desperate. have mercy on me. this is my bitcoin address: 31wynfkbyjpawlqde4ynbaku4jl8pq6txy
wikipedia had no choice but to admit the facts. the bitcoin law has been enacted and bitcoin is now an official currency in el salvador. the best is yet to come. keep learning. keep hodling.
as a hodler i can foresee when i hodl bitcoin until my retirement age i will move to el salvador to spend the rest of my life there. by that time the bitcoin economy there will be well developed that i can spend my bitcoin on my old age there peacefully.
salvador is soo messed up they don’t have their own currency?!? lol usd and cryptocurrency?? rip south america
mexico is going to join in and thats gonna force the usa into the cryptic world ... i promise you that crypto will end global poverty
history in the making . . the heard is coming.
are you from the future?
what’s crazy is that they just use us dollar as well, no “local” currency. us will probably just annex them because of this bitcoin stance in the future 😂
more than that - it is *history* being written imagine just 50y ago someone saying that "internet magic money" owned by nobody would become legal tender. this is incredible edit- i actually meant 20 years ago. same thing really
imagine people in the future reading this in their history books. it feels weird thinking about it.
can someone explain to me how paying multiple dollars in fees per transaction is going to work out as a day-to-day currency
so one minute it’s worth (usd) per single coin, the next day it’s worth , a few hours later it’s . that’s an insanely unstable exchange rate that someone will always be on a major losing end of and regardless of that politician’s horrible economic decision for his nation’s economy i’ll be amazed if it stabilizes into something fair and usable for most of his nation’s citizens any time soon. not hatin’ on crypto but damn, what a moron.
empowering only the rich?
yup. by op. pro crypto, btw. i just prefer legitimate news sources. wikipedia is the news equivalent of crypto wash trading.
2016 with the election of trump
don't let your memes be dreams
since memes are thoughts shared through human society i would argue that real life has always been memes
wikipedia is a meme.
probably a super random country like island or something.
venezuela is my guess
they mean the same thing, in trading platforms traditionally commodities like gold they put an x at the front to differentiate between those and company shares. xau = gold (au) xag = silver (ag) xbt = bitcoin. (btc)
i’d stick with btc just to avoid confusion. xbt is a “generic term” that some exchanges use, you should research first what it pertains when trading on a particular exchange. in bitmex for instance it’s the name of their futures contract with underlying btc.
not a dream! just satoshi's vision!
you guys are fanatical about this. what about transaction fees?
yeah but wtf am i gonna do with permanent residency in el salvador? live in el salvador?
i've been trying to find that info. what source did you use?
but it represents a real fact tho so it is pretty impressive
and wrong shit gets taken down instantly. he's obviously happy that this is not the case here.
edit elon's page then to douche father
i'm salvadoran, and unfortunately it is true.
why do you even invest into crypto currency?
that's not quite how wikipedia works. for example, el salvador article is "semi-protected", and there are probably dozens of wikipedians interested in el salvador watching the page for changes. if something is changed back and forth repeatedly ("edit war"), the protection levels start increasing. this is why you do not have a random chance of seeing "___ is a murderous asshole" when you go to a despised politician's page.
wouldn’t the logical next step be that el salvador’s government opens a custodial wallet website? why yes, it would.
lightning network has basically no fees
lightning network has minimal fees. they're already using strike which also uses the lightning network.
addresses != wallets != users
what portion of that 90% includes custodial wallets and wallets owned by companies like robinhood who hold their customers bitcoins for them and give them iou's for it?
the car will drop more than that on the way back 🤑
probably best to go shopping with a rough idea of what you want and be flexible, and possibly be open to buying a bicycle instead.
if it is fully adopted, i imagine price fluctuations would matter as much to most people as foreign exchange rate.
good reason to turn around and go home. hodl ! on the other hand, if it just went up 50 % this morning, it might be time to take a car worth off the table...
i mean, btc is really good. but this whole part of instantly losing 50% of the assets' value over a week because some popular idiot tweeted about it makes it frightening for some to look upon it even
you do not pay in it, you save in it, and when you have to pay for something its no big deal, because you cannot live on imagination. everyone says save bitcoin and pay in fiat, but then you have to have some fiat in your account, getting that inflation melt. its so much better if you never held fiat, but its just not yet an option.
it was brought up on the talk page with a source first, with no objections.
sadly, this really is not how wikipedia works anymore. there are now editors who are considered "subject matter experts" that determine what is and is not the truth on wikipedia now. it's nowhere near as free as it was in the 90s.
if you want global adoption then you will have to follow iso codes. bitcoin is no national currency by the means that a nation controls it. therefore an initial letter x is the iso 4217 convention and will most likely be used for btc as a real currecy.
>"you do not have to be a socialist to say it is not right to take money from everybody and give it to a few rich people. that's not free enterprise." [source](
lack of their own stable currency, i guess
for the usd? it's a drop in the bucket.
probably inflation of the us dollar.
have you learned something about wikipedia today?
yea, but they have been like that sense 2001
you mean, just the dollar? the officially currency of el salvador is the american dollar.
if you are a grocery store, and you pay a fixed rent in btc, you pay your workers a fixed wage in btc and your suppliers charge fixed rates in btc, your will be able to sell stuff at fixed prices denominated in btc. if all restaurants charge fixed prices in btc, when btc goes up relative to usd for example, you might think that people may become reluctant to pay in btc, but the opposite of true: if they are holding usd, they would be worried because tomorrow, a meal might cost twice as much usd
i thought america used the dollar
bro...its el salvador...a 3rd world country...
why would this drive tourism?
yeah they are monitored by the tva
there are several countries that use the usd for currency. typically they had a currency crisis and switched to prevent a total meltdown. us has no objection since it allows them to profit on seigniorage. the country gets a more stable currency to keep its economy running. the country looses that same seigniorage as well as the ability to control their monetary policy. the hope is that btc's backed in monetary policy will at least not be in opposition to their own.
50y ago someone saying "internet for everyone" would already be looked upon weird.
you could say that 10 years ago and nobody would belive you except some chosen few.
do you think it will be a physical book or is my great great granddaughter reading this on her google glass ironman hud?
for day to day transactions, the main bitcoin blockchain will function as gross settlement funds transfer system similar to how [fedwire]( presently settles up between banks. day to day users will use apps built on the lightning network and other layers up the software stack from the main bitcoin chain. presently in el salvador i think a lot of people are using [strike]( this enables instant transfer of bitcoin with negligible fees. in this way, bitcoin functions conveniently for small payments (including micropayments) while the main chain remains available, accessible to anyone with no permission required, for important and high value transactions.
2nd layer solutions like lighting exist.
the increase in demand will only encourage competition, leading to smaller fees from companies trying to get as much customers as possible.
lightning network baby! flip, loads of people on this sub seem to hate bitcoin. that's an interesting recent development...
i assume that the state will have "banks" hold the coins and move them on the ledger occasionally settling on the network.
>so one minute it’s worth (usd) per single coin, the next day it’s worth , a few hours later it’s . can you point me to the exact day this all happened, please? i'm not saying bitcoin is not volatile but never seen it to be this fast. to fight the volatility, the businesses & citizens will be able to convert between btc&usd instantly after the transaction.
always a hateful one out there... :(
did harambe's death mean nothing to you? i mean is your dick even still out? tell me, when did all of you forsake yourselves?
it was actually march 24, 2015 with the crash of flight 9525 in bains, france. ultra comics, a comic book about a meme taking over the collective unconscious that actually infects you in real life, released the next day. these 2 events, and the contents of the book, are too significant to ignore. edit: this almost coincides with the period of time where 4chan was unknowingly summoning the ancient egyptian god, kek, using memes. yes, a lot of meme magic was leaking into our world around that time.
and do not let your dreams be memes
mostly correct, just one tweak: > ... to differentiate between those and company shares. should read, "... to differentiate between those and specific national currencies." that's why iso uses an "x" prefix for currencies and currency-equivalent commodities that are not associated with a specific country.
yeah, nobody commonly refers to gold as xau. its just a technicality thing, btc is the way.
give ln a try
what about another dumb question that could be answered with 15 minutes of objective research?
i actually did go on vacation in el salvador probably about 5 years ago. it's a beautiful country with clear waters, amazing beaches, great hiking locations, and it is scenic as anything. that being said, it is a poor country, and there is crime, but as long as you're not mingling in the wrong parts of san salvador, the main city, you're pretty much fine. everyone i talked to was extremely nice and kind, and from my experience, the majority of the crime occurs between gang members. they would not want to mess with tourists because they know the police. tldr: vacationed in el salvador, actually really nice, worst thing that happened was i got scammed out of a single meal.
the bukele administration has brought down violent crime in el salvador by 75% in less than two years. the country went from being the murder capital of the world to being safer on average than chicago currently. y'all still got time to park your money on the ground level guys lol
why are you not?
yeah, i think that is the most likely thing to happen. i do not think that is a win for the bitcoin philosophy of censorship resistance and pseudonymity. it will actually give the the el salvador gov't more visibility and control over their money than a strictly cash economy
yeah but you need to make at least 2 transactions on the main chain to be onboarded. 1 to acquire some btc and 1 to transfer it to a multisig wallet to open a channel brazil has a population of ~200mil. so that is at least 400mil transactions on the main chain. bitcoin blockchain handles ~5 tps, so it would take at least 3 years to onboard the population of brazil to the lightning network if we paused all other btc transactions i would love for lightning to become the dominant payment system in the world, but the math just does not check out
ecuador is adopting bitcoin now?
the lightning network finally works?!
oh right! thanks for clearing that up.
the x is used for international indexes, which bitcoin is not. btc is the symbol of bitcoin, xbt is obsolete and pretty much no one uses it anymore. plus to put two symbols next to each other is just confusing.
xbt is an obsolete symbol for bitcoin. initially it was bc, then it was xbt and then it became btc. btc has been the standard for many years now so it should be the only one. putting two symbols is just confusing and does not make any sense, almost no exchange uses xbt anymore.
so are they under el salvador tax code or us? i would think their own.
as usual it is good for bitcoin
because some people did not hear for el salvador before, and now a lot of people will hear about it. also some people will want spend btc in stores, but not fiat.
me who just watched loki
don't let my ignorance undercut their importance.
oh, ryan and his army of clones is tight!
50y ago someone saying "internet" would be looked at as weird
>50y ago someone saying "internet for everyone" would already be looked upon weird. well yes, 50 years ago was 10 years before the internet existed. the precursor was called "arpanet" and it transitioned to being the "internet" with the publication of the internet protocol standard in 1982. the informal term "internet" was first used as shorthand for "internetwork" in 1974, 48 years ago, but it was not the name of a network until the 80s. even then, almost no one had heard of it until the late 80s when larger numbers of universities and large companies outside of defense contracting started to get access.
it will be beamed into your butthole while you use the toilet
hmmm, they might learn history ala matrix style, through virtual simulations. just plug and learn son.
also, another example: paypal sells bitcoin. users send each other value in bitcoin with paypal -- but it is all happening within their closed ecosystem. just like value bounces around within lightning network trustlessly, if you trust paypay (most people do), then that works. same thing within visa network -- you have bitcoin on your card(s) and it bounces around within the system. now expand that to agreements that will come inter-bank (such as zelle ) and now we have fee-free ways to transact. one transaction per day between these large entities to settle balance thiscrepancies and you have massively reduced on-chain usage. some will complain about this, but for smaller general amounts, most people out there would rather have someone give them convenience at the price of a little sovreignty.
this partially solves the problem, but it is worth pointing out that strike itself cannot benefit directly from some of this law... no vendor is obliged to accept strike, for example. as long as strike or some other l2 is reasonably popular it should be ok.
which ln apps-friendly at this point? i use phoenix personally and am happy with it but wouldn't necessarily trust it with larger amounts.
uh no dude. i mean the literal network fees you pay to send bitcoin
how about reviewing the overall movement over past week or two in trying to argue for negating my overall point. look back over the past 90 days and then say i’m just completely wrong in my overall point. may 1 to may 2, . next day almost as big, and so on and so on. in a 5 day span that followed it was around a “value”. in just the past 6 hours it actually swung +/- ,000 usd movement range in just a few hours. how does anyone know what fair market value is at any given moment to execute a fair market goods sale transaction with that as their currency with moves like that or worse. that’s my point. i get the whole ‘you gotta start somewhere’ and “somebody’s gotta be first’ perspective but that’s a pretty substantial movement with a strong likelihood that someone using it as currency in that goods transaction will end up being on a very short end of the stick for quite a while with moves like that. in other words, sell me that tesla for 1 btc-usd at the value you saw just the other day and it might be a smokin’ deal for me, or it might be a smokin’ deal for you that puts one of us very upside down on that deal in a very short period of time. sure, anything can be used as money and can vary in its’ fair market value but imagine if your car’s gas price at the pump that already sometimes moves .02 to.45 almost daily moved hundreds of dollars a day for a single gallon and then look for perfectly precise facts in my point. …and before you go trying to argue this one, yes, i have personally witnessed a .45 usd or larger change in gas prices at the pump in a single day in my lifetime. doesn’t happen often but does happen. that’s why most states now have a price gouging rule during natural thisaster periods now.
it started with harambe, there is no doubt about it. does that mean what we feared was a curse, was a blessing all along?
never heard of it. i'll look for that comic. i think ghost in the shell with the laughing man is all about memes iirc, should rewatch that
i had to find this comic. fun read. so interesting. thank you.
never in the history of the internet has more gets been had than in 2015. we are truly blessed by kek.
thought you were joking about the god
yeah. that's what they call it
good point. but hear me out …... yes.
desvergue que esta haciendo el bukkake
what happened with the meal lol
i spent a summer there in 09. had a great time. never really felt fearful at any time. i want to say people buy into fear to easily but them again. im not gonna lie and say its the safest place to visit lol
eeeeehhhh... that's fake, i lived in el salvador and the president say things like that to have more tourism, but it is totally fake: he said things like: "there are no murders in 40 day" but in the news they like 30 missing people or kindnapple people (sorry for my bad english)
i don’t think you quite understand what i meant by my comment. i was referring to the fact that we have some good news for everyone involved in the crypto space especially those who truly believe in bitcoin, while this guy is shitting on their parade.
yeah, i agree - but neither is a country "declaring" it legal currency.
not everyone needs to open a channel just the merchants
i think we'll need drivechain (bip 300) for that.
this would apply to any cryptocurrency currently. i do not think your math checks out though. merchants can take btc, and usd. merchants will start moving to onboard btc, if the transaction fees are high. people will use usd. it's going to take el salvadore a long time to set up all the lightning network nodes. they do not have to use strike. every store can set up a full node and run one as a point of sale for their store. then settle it at the end of the month on the main chain. they wont be able to get all that infrastructure up fast enough to clog the network, it will be a gradual change.
> yeah but you need to make at least 2 transactions on the main chain to be onboarded. your full comment is pretty interesting and eye opening, but could not it take only 1 transaction to be onboarded? if people buy from an exchange and open a channel to lightning from there, it only takes 1 transaction. an exchange is already a 2nd layer. no one buys btc on the 1st layer, unless it is truly peer to peer.
except they already use it there 🤷‍♂️
well i for one predicted a state government of a country with a gdp the size of a medium large us corporation ’s output. didn’t everyone?
wikipedia follows iso, not reddit.
what about xeu? and eur?
well, the official world wide standard for all currencies says it is xbt (x for country of origin, like usd, eur, gbp). btc does not uphold to international currency standards, xbt does.
nah. in what kind of imaginary world would somebody waste a vacation for the purpose of... buying something in a store with a cryptocurrency?
me who was referencing community...
me who just watched umbrella academy?
and even then it was text only
>arpanet gerald donald's best project
ooohh, shitting while learning. the future looks bright.
strike isn’t a coin on l2, it’s an app built on an l2 protocol called lightning. the value exchanged over the app is through bitcoin rails.
won't it work for that then? sorry i'm not an expert, just curious.
>how about reviewing the overall movement over past week or two in trying to argue for negating my overall point. look back over the past 90 days and then say i’m just completely wrong in my overall point. may 1 to may 2, . next day almost as big, and so on and so on. in a 5 day span that followed it was around a “value”. so, no ,000 drop in a day like you mentioned earlier, right? >so one minute it’s worth (usd) per single coin, the next day it’s worth , a few hours later it’s . ---------------------------------- >in just the past 6 hours it actually swung +/- ,000 usd movement range in just a few hours. that's about 2 or 3%, not really massive swings in bitcoin terms. even 10% is not anything special in this space, tbh. >that’s my point. i get your point, no worries, that is why i included this into my previous reply: >i'm not saying bitcoin is not volatile but never seen it to be this fast. to fight the volatility, the businesses & citizens will be able to convert between btc&usd instantly after the transaction. here's my point. **yes i agree, bitcoin is highly volatile.** it also will be volatile, until we all agree on a price that is fair to anyone or until the last person decides not to sell or buy it for another fiat currency. until then the price will be different every single hour or day. you can have and use bitcoin today or wait until the price stabilises itself. **nobody is forcing you, nor the people of salvador to keep it.** to me 1btc = 1btc but i'm in it for a long run and if i spend some sats, i make sure to always replace it. but that is me and i'm quite weird.
metal gear solid 2, as well. very spooky predictions made in that game that have all but come to pass.
oh no, [not at all.](
look at my comment above. xbt is an “iso name” it starts with x because it’s not related to a single country. lots of entities use it with different meanings behind it (some synonymous to btc, some to contracts, etc etc). the commonly accepted abbreviation is btc.
we did not speak spanish very well so our driver tried to order an extra 2 meals for his family. it was only like .
this right here. murders are down, but thisappearances are up. in other words people are still being murdered, it is just their bodies are not showing up so they "do not count".
more like look up plan territorial control and the incarceration reform he is done. if it was "because of covid? [sic]" why did violent crime go up in major cities of the u.s. during this time period lol
technically just the credit, no?
does not solve the problem in the long run. if btc is supposed to replace cash, eventually everyone will need to be onboarded. and there is certainly more than 200mil merchants in a country like india
> this would apply to any cryptocurrency currently yes it would, but btc has one of the lowest tps of crypto out there this will be interesting to see what kind of infrastructure gets set up, and if the network can handle the increased load. my guess is that it cannot, and btc should not be treated as cash, but as digital gold. it's a swiss bank account in cyberspace
>this would apply to any cryptocurrency currently. nope, there exists cryptocurrencies that are fee-less & instant.
> if people buy from an exchange and open a channel to lightning from there, it only takes 1 transaction you're right, in that case you could get away with 1. not sure how common that is however i am still worried that it would take years to onboard a country like india even with shortcuts like that
btc is the globally recognizes symbol for bitcoin, not a reddit thing.
we make the rules now. that is the point.
exactly proving my point. xeu was dropped because the x is for indexes and was replaced by eur. now xeu is used to denominate an index (a basket of securities, not only one): bitcoin is not an index, it is only one singular currency, globally recognizes with the symbol btc, so why are a few people still fixated on using xbt, alongside btc? they just create confusion and use the standard wrongly. they say that x is for "international" things. yes, they forget that it is for "international indexes", not single securities.
link? here there is no bitcoin plus, even if there is, it should be removed and only btc should be used. logic is more important than a traditional mistake. the x is for international indexes, not currencies. to use it for a currency is wrong. no other currency used the x given that there are no international currencies. every single exchange uses btc, everyone refers to bitcoin as btc so if someone still uses xbt, wrongly, given that the x is for indexes, they should stop it and adapt.
in the imaginary world of the delusional bitcoin enthusiast; the type that think a collapse of the usd would be beneficial for them. the type that think jimmy over here would be willing to trade his rations and tangible supplies for a digital coin in the midst of a crisis.
>inary world would somebody waste a vacation for the purpose of... buying something in a store with a cryptocurrency? who get there for vacation would also pay hotel or accommodation with btc, not only staff in store. they use now usd and btc, so if you have btc and other currency that is not usd, would you spend btc to buy usd first? no, you will spend btc directly on everything.
i wonder if the community timelines were a reference to the comics that talked about this. i haven’t read any marvel comics so i’m not sure if it’s just a general reference to timelines or not. also because rick and north has ‘time police’ which is basically the tva in loki
me who just realised what you mean
that's slightly misleading. there was no http, but those of us using the internet in the late 80s were certainly using it for more than just moving text around. the berkeley, mit, the fsf and others were kicking off the free software phenomenon which was mostly ftp-based compressed tar files early on; photos and even some early video were being moved around via email, uucp and other protocols layered on top of the internet; the x window system's remote thisplay technology was introduced earlier, but became widespread in the version 11 release in 1987; and prototypes of early search engine systems like archie were in limited use (mostly within university intranets, though that term had not yet been coined).
can it send to any bitcoin address with no effort on the recipient's part?
if you send bitcoin you typically pay about 5 to
i do hear you and i totally understand how that 2-3% isn’t really considered a massive swing in bitcoin terms and 10% also isn’t anything special for it but when there’s a 10% change in either direction over a 5 day period or even a 2-3% change in a few hours when we’re talking a 5-figure price tag for a single coin that’s a pretty huge value change when attempting to remove it from your virtual crypto wallet and exchange it for physical tangible goods and services at any given moment day to day, week to week. converting btc to usd after the transaction with the perspective that 1btc=1btc still does not address the current crypto stability situation as an actual tangible currency. it’s one thing when your investment portfolio and-3% or more in a few hours or days, changing by hundreds or thousands of usd in value in short time periods. happens all the time. it’s another thing if your day to day currency and tangible asset value as a customer and a business we’re to move that much. i also understand that the value of the usd isn’t fixed or otherwise etched in stone and admittedly i don’t follow the value of physical currency very closely but considering the rate of inflation as a reference and the typical “cost of living adjustment” to salaries year after year the level of movement of crypto just feels far too drastic at the current time, in my opinion, for it to be installed as a fair and viable national or global tangible means of trade for goods and services. i’ve been an early adopter of tech on numerous occasions over a time span of more than 30 years so i’m not against new tech or new changes. i haven’t spent physical currency or carried pocket change at all in quite a few years, haven’t walked into a convenience store to pay for fuel since about 1993 when gas pumps started getting card readers built in, pay at vending machines and on ebay and other places with my phone, even started out many years ago with a piece of software my bank snail mailed me on floppy thisks called “quicken for windows” which they later sent me an upgrade compact thisc to step it up to “quicken 95” for me to use their local dial-up connections direct to that bank with electronic bill payment scheduling and transaction downloads and i started using turbotax fairly early as well so i’m not against using modern technology for financial transactions but at the moment of this writing when 1btc=1btc=,909.08 usd and it’ll be interesting what it equals by the end of the day today.
i thought it was the collider going up to a higher power and spawning the particle. large hadron collider turned on again, reaches record energy levels did scientists at cern end the world in 2012? can the strangeness of recent history be blamed on scientists meddling with forces beyond their understanding?
oooh i got confused because the article also says it is an iso name which you also said, but article and orher user said it is the same thing but you said no and people should use btc, even though it is same currency but it is not the same using btc and xbt, and you said that one exchange it means something different :), i think :)
and that comes at a cost of larger block size. which makes it less decentralized. as the more transactions are done on the chain, the larger hard drive space needed to store the ledger. which means only massive server rooms with huge hard drives in the long run can store the entire ledger. this is why making it fast makes it less decentralized. it's called the block chain trilemma. but hey, nobody really cares about decentralization i guess. the transaction speed is just fud, and a huge misunderstanding of what bitcoin was meant to do in the first place.
well you better go lecture the iso committee on that then. make sure to record it too, i want hear you laughed out of the room.
> so why are a few people still fixated on using xbt, alongside btc? they just create confusion and use the standard wrongly. you say that like it is an accident? "xbt" is used by traditional currency markets because the people who run them would probably prefer that bitcoin just quietly go away, so "x" for "xperimental", and also quite likely "x" for "just make it show up last on all the selection list boxes." i do not thisagree that "btc" is the correct currency code. but in the list of things to convince the world to accept about bitcoin and related technology, the symbol used by a minority of organizations does not rank very high, imho. if bitcoin continues to succeed and grow, those organizations will eventually change.
the fuck are you yammering about? but let us put it to the test. take a pic of your flight ticket to el salvador with all personal details blacked out. if you do not have one, do not assume that anybody else would either.
i should have said "text based."
yes. why don’t you download it and try it?
look up lightning network and your question will be answered. strange, i buy stuff with bitcoin semi-regularly (larger items off amazon), and it usually costs about 25 cents to transact, using 'higher fees'? (not using the lightning network).
>but when there’s a 10% change in either direction over a 5 day period or even a 2-3% change in a few hours when we’re talking a 5-figure price tag for a single coin that’s a pretty huge value change when attempting to remove it from your virtual crypto wallet and exchange it for physical tangible goods and services at any given moment day to day, week to week. no matter if one bitcoin costs ,000, the 10% swing is still the same if you are selling . you would still gain or lose % (over whatever timeslot - be it a minute or a year).
yes pretty much. just don’t want people to get confused when they buy xbt and the usd price is not the same with btc, they usually trade differently depending on which type of asset.
> and that comes at a cost of larger block size. only if the coin uses the traditional single blockchain.
check this and you will see that there are people interested to come and visit el salvadore just because of btc.
most usage was certainly text-based (majority of email, uucp, etc.) the standards that advanced the state of the art were mime and ultimately http, but before that we certainly were not living in a strictly text-based world. like i say, we could remote-thisplay from x window system environments (not the most convenient way to share non-textual info, but i and others certainly used it for some niche work) as well as various means of storing and transferring image and some video data through other protocols such as email and ftp.
same here. one has to learn to watch the mempool very closely. and lightning is really awesome too
amazon does not accept bitcoin. are you using one of those "spend your crypto" visa cards?
no, i wont. the guy never went there. neither did anybody in the comments. so the total amount of people who've traveled to el salvador thanks to bitcoin remains at zero.
yeah dude - back when the motorcar got started, people said they were rubbish because a horse could gallop faster. we're still in the early stages of something amazing.
nope, i use a third party. they give an additional 30% off everything i buy. i've used them for the last three or so years.
i never ever click a video with fuckers who make this face. no matter what the topic. i'm actually surprised so many people do click it.
i cannot stand carl the moon, feel like punching that mf.
they all look like they waiting for a hot load to be blown onto their faces.
bitboy is a scammer
urgent! must watch now! btc to zero?? 100k incomning?! massive gains or not?🚀🚀🚀🚀
i really hate these thumbnails
everybody's looking real close to see if there is a guy they like before coming in the thread and smugly agreeing.
i'm broke. we're all broke.
i don’t know george just basically gives us the news and fud going around and stays bullish
trader university is my bitcoin channel of choice. none of this nonsense on there.
this is one of those times where you *should* judge a book by cover
i personally will not click on a video with this type of thumb nail. if nothing else but to boycott them for how fucking stupid they look. i hope the trend dies, and people look back on this era and wonder why people did that back then (now).
is it possible to make a thumb for a crypto youtube video without a shocked face?
rule number one on yt. never listen to anyone who has their mouth open in their thumbnails. *"deeerp"*
george is a good boy !
i have a rule: if the face you're making in the thumbnail makes you look like you just got an unexpected cock up your ass, i'm not watching your video.
yeah everything i learned about bitcoin did not come from anyone of these guys and i've done pretty well so far.
it's funny to see their faces, they are so fucking stupid.
those clickbait fukers are looking for views to make revenue off of you
dick sucking thumbnails lol
i feel sad for those who gets fooled because of these people.
anthony pompliano is where it’s at for youtube videos
crypto youtube has become so cringe now. 3-4 years ago the people on there were passionate, trying hard, and informative part of every noobs rabbit hole experience to learn about bitcoin. podcasts and books are the way to go now, and a little bit of twitter.
these thumbnails are begging to have penises photoshopped into them
there should be a search filter for excluding videos with thumbnails that feature an obnoxious mix of emojis, face photos of pumped-up teenagers, and price going up.
i always lose respect for people that have these, algorithm or not.
can some please repost this with dicks drawn in them 😂 im begging you!
george! i like george.
absolutely incorrect. listen to everything and everyone regardless of their appearance or thumbnails, then form your own opinion. don't judge a book by it is cover. people make this thread every single day because they think they are clever for spotting click bait.
here's the annoying thing, if someone does want to learn about bitcoin or get bitcoin news and they go on youtube and they go by this month or this week or whatever, it is these fuckers that will come up.
is that the same mouth they make when they catch cum with it?
not only bitcoin , nowadays on youtube every thumbnail must look like throwing shit from mouth or cumming.
i followed some of them when they were humble and shared some good knowledge and hope for bitcoin and a better workd, now they only talk bullshit crystal ball crap shilling shitcoins to get comisions showing their most stupid faces in exchange for more clicks…why humans become so stupid when they touch a bit of fame, money or power?…never ending story 🤦‍♂️ bye bye motherfuckers👋
people gotta stop using youtube for cryptocurrency guidance.
soy faces, all of them.
i do not see benjamin cowen on there so i feel pretty good. tyler from chico crypto is another good one to watch that does a lot of dyor.
i will occasionally listen to the asian guy, sometimes he finds decent news.
don't listen to anyone who has their mouth open?
hot garbo right there lmao.
they all deserve a hot load on their faces, it would make them look better
the memes just write themselves
sorry but it looks like every one of them is about to gobble down on some d
fucking the moon calling 20000 without flinching
got it. what's the next step ?
why do all youtubers make that stupid ass look
wow the bitcoin reaction face really looks like a dick polishing face.
buy, hodl, stfu about it!
it sucks that there is so many garbage videos out surrounding crypto. i go to youtube to learn about a number of things. i'll admit, youtube took me down a long altcoin chasing hole. last year was a major learning experience and i chalk it up to following youtube advice.
my go to is kitty wayne
do these guys have eye problems? or are they advertising eye drops? what's up with their expressions?
but they all look so shocked!
this is all that i can find. anyone have any well thought out, reasonable, not clickbait like, youtube channels?
why the fuck do people make these stupid images for the cover pic of a video? dumbest cunts
i think a pretty good channel is whiteboard crypto. at least as far as learning more about crypto concepts and projects. kinda explains in a pretty concise and articulate way and has animations to help understand stuff.
this is so fucking embarrassing.
sad thing is these guys don’t know anything but people are continuously tipping them. the tippers are being generous and they can do what they want with their money but it only empowers the misinformation
it's a hate love relationship. one the one hand, they are responsible for a lot of the new people in the space and on the other they are doing so by exploiting human emotion. it's fucked, i do not know how they can do it for a living and be okay with themselves at the end of the day. and just think, these guys are like level 1 of scamming, level 2 is the ads you see before their videos and level 3 are the comments where they claim they are making a million dollars a month with just this one secret you can find out on whatsapp or telegram.
unless you looking to get a blow job
general rule of thumb - the bigger the fake orgasm face in the thumbnail, the bigger the douchebag.
i’ve no idea who these guys even are, haha
could someone link the meme template for the overexcited "woow look!!" fanboys? one of em has glasses on the other is bald with a neckbeard i think and it is crudely drawn mspaint
they all look ready for a good deep throat
i just picture a big ol dick in their mouth. makes it worth seeing their dumb faces.
def do not listen to any of these ppl- now that is good advice. thank u
listen to me: don’t listen to them.
these dorks all look like they’re ready for the money shot or just caught one
i support this message because it is important to be informed about bitcoin before investing in it.
crypto jebb was good until the rally started, then he sold out hard to random exchanges and projects
best channel is james'! invest answers
the title of every one should be “insert penis here”
8==========d \~\~\~ (o :<)
i would say first lesson is not making your research on youtube at all
i never watch these kind of videos.
99bitcoins is the only one i watch
especially the 11th one who’s obviously double dropped some mitsubishis
when i see those kind of pictures i never click on it...
let thumbnails speak for themselves. bitcoin is more then that
trader university is the only one i subscribe to. he’s probably the most educated guy in finance i’ve seen.
why do they all have an expression of desperately looking for something long and hard to put in their mouths?
sam hyde is all you need
raoul pal is the worst. buttboy is also a complete clown. george has a positive attitude but is ultimately a stooge coiner. the basic rule of thumb is to tune out anyone who delves into shitcoins. the minute they start that, you know it’s all about “clicks”.
they competing for largest mouth
george is my daily news! his voice is so addictive
pomp started doing this. one of several reasons i stopped tuning in.
why do so many youtubers do their thumbnails like someone just shoved a surprise something up their ass?
benjamin cowen is the only youtuber we all should listen to
they all know they are giving wrong advises to the new people, that is just fucked up.
but but but...im george.
why do they all look like retards having their first orgasm?
why are they always so cringe
these guys literally make money by convincing kids to day trade on 50x leverage. the more their followers lose the more they make taking a cut from trading fees. and if that was not bad enough they are all launching their own shitcoins now too telling their followers to buy it and stake it so they can dump on them. these are horrible human beings preying on the nieve and innocent.
michael saylor is the only person you need to listen to.
there is one guy called james, aka investanswers... how is he?
lol, i love the mmcrypto guy because he entertains me. obviously do not listen for advice, but it is a nice break from seriousness at times.
george is cool. the rest are trash. especially bitboy.
george being in this list is not cool. he is one of few level headed guys you can listen if you only want to find out why we're dipping or exploding without any bs. he's more like a news channel...
i like to watch low key dudes that admit they do not know anything but are funny like jordan camirand and tyler s. for regular content i also enjoy crypto zombie, crypto jebb, digital asset news, and trader university.
the all have the soy boy face with the mouth open. so cringe
to be fair, "i am george" should not really be classified as one of the others. there is not much wrong about his content and he does a great job helping newbies to hodl. of course sometimes he still get somethings wrong and its fine, we all do. and if you want to trade instead of hodl, then his content is not for you. i think this is not fair to george to be put in this list.
crpytosrus actually has some pretty good content. dispite his thumbnails his a very down to earth and reasonable person to listen to.
i've come to realise that there are *so* many people in the bitcoin community who have absolutely no idea what they are talking about. bitboy, benjamin cowen, will clemente, willy woo to name a few.
do listen about buying the dips and then selling for quick profits if you have 100 to invest buy 33 first time if it dips buy more if it goes up sell when you feel like it small gains profit is profit
my rule is i never click on anything with a face on with an open mouth or shocked expression. people losing themselves views by clickbait shit.
its like they take a huge cock in their asses right before snapping a pic
what do you listen to then? (seriously i am new to crypto) help me pls
why do all their faces look the same. cringe af.
nothing wrong with listening to them as long as you have a mind of your own to filter out the bad arguments from the good. they might be wrong sometimes, even half the time or most of the time, but there is always something to learn from them, even if you end up doing the opposite of what they prescribe.
me too i avoid these faces. the coin bureau guy has similar but much sincere face.
the george guy is so annoying, literally spends an hour saying nothing. my favorite channel is nathan whitmore and the investor podcast network.
add ben cowens garbage to this. doesnt need to have a dick face in it to be shitty crypto "advice".
love it! even though they make a ton of money with their shit...
this is funny. one guy came up with that weird expression helping the youtube algorithm. now everyone is doing it. i wonder what the next expression will be in this arms race for clicks.
this guy's are the worst
all pushing their bybit links, irritates the hell out of me, wrecking people who are new in the space
the second advice, follow us on tradingview
these idiots make me miss the day of crypto nick, trevon james and craig grant.
if you want to know anything about any subject, do not listen to open-mouth-arrow people on youtube at all.
99% of them showing the same expression. ohhhhhhhhhhhhhhh ridiculous, pumpers.
i wish someone would make a collage like this but with really funny stuff in it. half of these dudes look like they crapped their pants and the other half are ready to take a load brazzers style.
they built add and subscription revenue of literal idiots. there’s a huge amount of people that are just getting into crypto and they are legit mouth breathers
lol that photo is very funny
who should i listen to?
i want to slap the shit out of every one of these guys, those faces are so fucking dumb and unnecessary. this dumb face makes me completely avoid a video
“ok guys, today for the bitcon price”
content creators still keep using to death that open mouth youtube thumbnail 😂
hey. you forgot my dick! he's even more bullish at 224k in 4.
anyone here old enough to remember crypto nick?
scams & scams everywhere! careful out there guys there is low life ssholes set to scam you around every corner! did we miss anything??
what about the hispanic guy with the dirty stasche?
thats only the thumbnails. go watch some mmcrypto. he is a realy smart guy
i’m still curious, am i bad for watching lol 🤷‍♂️
beyond all the wacky price predictions, they also make it seem catastrophic whenever the btc price dips, like bitcoin is dying or something. it's fucking annoying. it might be bad for their personal finances, but it means nothing at all to the technology.
it’s like when one person stands up at a concert, everyone had to stand up to see. one stupid face forces many stupid faces.
hahaha what a bunch of douchbags\~ 😂🤣
what is it with the faces? really cringe
if their thumbnail has a rocket emoji, moon emoji, ta chart showing a bull run, or in many cases like these, have a man who looks like he is sucking an invisible cock... save your self the time and skip the channel.
i honestly feel like anyone who does this is not needed here and we'd be fine to get rid of them
this is actually the most valuable post i've seen in years in this sub
that's crack. meanwhile here is the finest hopium.
why do they all look like they have seen the biggest penis in their lives??
should had added jsnip to this list …
pretty sure that mmcrypto guy is coked out in his vids 😂
this moon is special kind, i cannot even look at that lizzard. i beg you, when you see this, open video, put thislike, and go on. if you have time, of course.
my mom would say "they are luring flies".
george is actually pretty informative. definitely less of a hype shill boy than the others.
it's a shill o-face collage. bunch of clowns.
whenever that lady become ceo of youtube she really turned into a buzzfeed.
open mouths waiting for a big dick.
they make like . not bad for talking bs 😃
lot's of o faces
i hate what youtube has become.
they have to look dumb. youtube favours those thumbnails, so there’s not much of a choice to get outreach.
looks like they are sucking a \_\_\_\_
it's so weird how you have to make this face in your thumbnails in order to be a top youtuber
all these thumbnails looking like some tribute me reddit posts.
i actually like crypto zombie. he does focus on bitcoin. i prefer trader university though as he’s more about teaching.
exactly!!! you want good content? go to coin berau by guy or investanswers by james.
looks like porn advertisement.
honestly anyone making short to medium term predictions about any asset exchange rate should be ignored. i would go further and say anyone making any price predictions is already losing credibility.
halfway down on the right-hand side is the only one i would even vaguely consider, since he is the only one considerate enough to cover his obnoxious pie hole for the thumbnail.
i really hope the dudes in that pic have seen this thread lmao
they look like they are in pain. someone should ask them if they are okay
chico crypto is good 👍
what is wrong with their facial expression? they are all in the dick sucking position…
our descendants are going to look back at this and have second-hand embarrassment for generations to come
hey, george is great :)
male duckface 2020 edition
agreed 101%. last year when i started learning about crypto i was following everyone of them on youtube, everyday i was miserable and had so much anxiety, these people are evil negative bast***.
a chorus of howler monkeys lol
i just want to know how to make a wallet i can securely stuff bitcoin in and forget about it for a decade while i work a normal job. seriously, help please!
triggers. i used to people watch now it’s a case study. basic bitches love click bait because they’re ignorant and simple
they all have that face you really really want to punch
bit boy: "99% of my predictions come true, but sometimes they come true inconsequentially later than i predict." also bit boy, every 20 minutes, about literally any coin: "huge price action coming"
are the men mentally ill or something?
i hate these people. they devalue the actual community
so many people do this for tutorials on anything. i don’t get it.
god dammit man, youtube needs to change something people are not rewarded for making o faces and clickbait titles. it's killing their own platform slowly.
i'm not sure it is fair to put jason pizzino in that category...he does those thumbnails to take the piss out of these guys. fuck the rest of them though.
imagine taking financial advice from fatboy crypto. 😂 deserve to get rektd
benjamin cowen and coin bureau are the only channels
these guys really want the d
cryptos r us (pic with "repeat") is not bad.
blockchain backer is the smartest on youtube
serious question: is coin bureau reliable?
thank you. somebody had to say it.
they all look like theyre abot to suck on some pensis
can we star photoshopping thisks on their mouths
i know the point is the omg face thumbnail but george cryptos r us is actually enjoyable and informative. and into the cryptoverse is imo the best crypto yt out there. i think his name is ben?
some of those are hilarious
summary: never click on any face that look like this 🤑
“we’re all george” 🙌🏼
i enjoy mark maher. does a good job explaining things.
i agree. it seems to me that the study of the crypto sphere and bitcoin should begin with more accurate and verified sources.
where’s that guy max
what the everloving fuck is it with these soy mouths?
i like jason pizino he has clickbait title and thumbnail but the content is quiet down to earth and rational.
who tf thought it was a good idea to make these stupid ass faces
are they getting ghost fucked on these pictures of what?
the second guy 100% looks like johnny sins.
you know…. i totally agree with you. at the same time i worry about not having that enthusiasm. i kind of feel like if i was an observer in a crowd and the the entire crowd was shouting for one way vs another, but i had a personal preference that went against the status quo, it’s nice to have some supporters that were passionately for my side. now if they were to say things that were untrue, misleading or downright manipulative, it would be a different story. but to just have passion, (i assume just because they are on camera and literally screaming ) i do t know if it’s necessarily a bad thing. just my two cents, or like what ? 1000 satoshis?
when their thumbnail is look like shock its shit content.
that 80k guy with cap... is the cr8ngiest idiot of them all.
it's very funny and scary at the same time.
unfortunately many legit youtube channels invite those people.
spent all their money on bitcoin and gaming chairs.
i’ve heard this person satoshi pays them to pump his coin ‘bitcoin’. it’s probably a pump and dump
they all look like air bj champions.
when you fit the whole white claw in.
so who do we watch then
why is bitboy not mentioned?
have they all simultaneously achieved their first orgasm? fuck, i could not make that face if i tried.
wow. it's like the 'who's who' behind the wall of speculative financial glory holes.
finally a post i can get behind.
why are all their mouths open?
this kind of shit makes me want to sell my crypto lol
no thanks. they all look hysterical.
faces with a hole open 🤣
any soy face on the vid cover is an avoidance... those guys are imbeciles
i only trust trevor james & cryptonick
what brings people to even click on a video like that? what information could they possibly have to justify these crazy predications.
bit boy is a god damn moron
to avoid all those videos with thumbnails like this
there might be a pattern here
these collages always remind me how much i fucking hate youtube thumbnail faces. then i remember yters do it because it unambiguously drives up views and i lose another little bit of hope for humanity. it's a vicious cycle.
look at those fucking thumbnails.
youtubers are an at-risk population for dumb face. the open mouth subtype is nearly as ubiquitous as the confused look popular in millennial finance. why would i take advice from someone who looks like basic math leaves them stumped?
are they all paid by the same person , why do they adhere to “strict template “cover for their videos. too similar i smell pump and dump. i made the mistake of buying high selling low twice because of their content. i now learn to do just the opposite. when they say bear i buy and when they pump , i take profit
“i just made ,000 in 1 hour.”
i like crypto r us
its like they always call the top before its explodes and call the bottom before it crashes more and dipping to the dippidy dip
do they have to make these faces all the times? makes me wanna puke on those facial expressions
kasta is a scam - carl is a fraud
tbh i sometimes watch their videos they can be quite persuasive. especially when thy post headings saying that it is gonna be some crush, or some crypto is over, and i have a heartbreak thinking that my usdt is lot
the guy up right is the biggest piece of shit on youtube probably...
yeah but they all look like they are about to cum!
you mean everyday isn’t moon day and tomorrow we won’t see a 500% breakout? because there’s a double top doji start cream pie causing a falling wedge of bullshit that’s pushed the last 300 predicted breakouts into the following day. see, everytime we go down and don’t go up it’s just a small pullback before moon. every day. all day. later: send me money my kids are eating seconds we steal from tables in restaurants and my wife’s pregnant again, this is my full time job!
digital marketers, making money off bybit ref links and scammy unthisclosed promotions which they dump on their naive followers.
i really loathe how youtube started allowing custom thumbnails. hypothetically it is an ok idea, but then everyone started trying way too hard with their thumbnails, ending up in horrible cringey images competing with each other to get clicks. and now, a lot of good content creators are kinda forced to join in, because if they do not they will lose views. because a lot of people subconsciously are drawn to the stupid faces. pisses me off it's a bit like how myspace allowed html editing, so some people went crazy and started making ridiculous shit. i really think it is affected the whole youtube...
i have a german guy who makes good videos. clean and well researched. over the time he wanted to reach more people and begun with this. videos still good but i am very sad about that i cant share because nobody wants to click on such videos
unless you are into astrology...
they all look like they have a fking stroke
"here's what you should do!" \+ "i'm not a financial advisor btw" name a more iconic duo, i'll wait.
yea def come listen to redditors instead 👍
that ghost is having a hell of a time with all those bj
not to listen to anyone but your instinct!
actually those video thumbnails are really good to assess market sentiment.
i do not even know who you are?
actually, you are wrong, i just made 500!!!!!
remember you are investing your money listening to the advice of any them is good but is down to you and only you to make the final decision have been in the market for a while 2017 and still learning
hw many sausages do they fit in their mouths do you think?
but their mouths are ready to take the cock.
i always click this video and they are professional... yes, i am losing all my saving of btc
ok, who are they? now, what is the lesson 2?
crypto love is cool tbh
oh yes. the monkey face thumbnail. avoid at all costs, i repeat avoid at all costs. no matter how luring the title, they do not know shit just like us. in the end no one fucking knows when that graph will go down or go up.
wym i take the best advice from dudes making crazy expressions in youtube.
always with the stupid fucking faces.
i used to love vosk, but even his content is getting to the point where it’s more about making the ad money than giving good solid technicals. i do still enjoy the projects found and other stuff.
really off putting thumbnails
basic rule of the internet: never watch videos that feature a thumbnail pic of a dude with a face that looks like he is blowing a load.
i refuse to watch crypto videos i would rather do my own research and read white papers.
as a rule of thumb i avoid any video where they are naking that face.
i want to believe that bitcoin gonna be 80k
what´s upwith the open mouths on all of them, seems to love to open their mouths alot without doing any actual talking...
nobody should listen to these clowns. i have yet to find a youtube channel that i find worthwhile. but here are some podcasts worth your time, ranked loosely according to normie-friendliness: * bitcoin audible * what bitcoin did * we study billionaires (btc episodes w) * simply bitcoin * the bitcoin standard podcast * stephan livera podcast * tales from the crypt bonus: * shitcoin insider
a lot of these guys shill coins for their own interest then conveniently stop mentioning them when they are dump. they are also earning when you are losing because whatever the market does it provides them with a means for daily youtube content and people are always desparate for daily input. ultimately they cannot predict anything for certain, but if there are people hungry for generalised and very obvious information about the markets going up and down then these dweebs will continue to attract an audience.
where's max kaiser gone?
what do we think of ‘myfinancialfriend’ and ‘the jrny’?
what a group of ass clowns! i still view george once in a while when bored though.
so many dicks could be edited into this photo
i can just hear all of ‘‘em saying loudly “heyyyy guys it’s your boy cory here, would btc go to 100k let’s find out in my course link in the description “
they are all influencers
always feels like they’re targeting toddlers
they all got “first bratwurst up the shiezer” face
arty on the moving average is good channel and he just smiles at you. no fucking goofy ass face ... just a smile and a heading title. nothing more.
are they all taking a shit or getting a green dildo stuck up their arse?
i don’t listen to any of these guy, all misleading and not technical analysis
phuuuuu...i do listen to george (c4) though...is he really that bad? damnnnn
jason pizzino (2nd row 1st left) is actually quite a good youtuber. he has a really click baity title, then starts the video going, hey, yea... wouldn't that be great to get 100x gains, but in reality, i just use that to get my video seen. "i am not going to give you hopium". he has quite good thiscussions about potential projects, nothing too over the top. i guess he does it because he thinks it works, and it probably does
i'm happy to say i never seen a video of any of them. in 2 years of crypto.
can’t believe i tuned in to so many of this insufferable dickweed’s videos back in the day.
i remember a couple of months after i had gotten into crypto, a friend of mine who i had spoke about it with sent me a video of that blonde guy who i think is german, the video was literally 20 minutes long and the guy said literally nothing of value. i did not gain a single piece of information from watching it and yet my friend was like "this guy is so good, you need to watch his videos" . obviously that friend no longer has any crypto and lost decent money trying to trade. oh well ¯\_ಠ_ಠ_/¯
yes! listen only to me, i do not do any online podcasts, but i talk about it in the pub all the time. you will buy me a beer and i will give you an exact price prediction for the next 2 years.
besides the scammers and pump and dumpers i see this more as entertainment. in the end most of these guys are just telling you if its bullish or bearish trend with a lot of fuss around. hate these faces. how can they look into the mirror and be like: i make faces for clickbait and i'm ok with that hahaha
haha. mmcrypto launched vpad. and i made about 8,000 on his projects alone. so if you didn’t watch him or get in on that airdrop. i feel bad for you.
i like you already stock pro that converted with their stocks bs i'm sure
this should be a fact by now lol, these guys are trash.
on the contrary, if anyone has suggestions for who to actually listen to, feel free to let me know. i mean, it is a jungle out there. suddenly everyone with access to a chart is an expert in ta.
i would even say that it is a golden rule.
i hate these stupid faces. surely people are not drawn to it. i hate bitboy aswell, he lost me money when i first started this. just shills his shit and acts like he is king.
i totally agree, i'm tired of useless information and loud headlines
yeah, a-holes who pollute the internet with their crappy content.
considering myself luckily that the only channel i’ve come across is george’s. bitboys reputation precedes him and i avoid him like the plague. rest in the photo i have no clue who they are.
i wish there were a way that i could block these people on youtube and never see them in my search results.
whats the deal with the soyboy faces? they look like their wifes boyfriend just bought them a new starwars lego set.
open their mouths, looked surprised. this reminds me of "holy smokas this aint no jokas" from youtube.
but people like this are 99% of the community
each one is waiting for a penis
i know nothing about bitcoin, just here to say that thumbnail collage made me irrationally annoyed just looking at it.
i use to listen to 2 of those guys listed on here bitboy and george (what ever his utube channel is called) i unsubscribed and best dam thing i did for my own insanity sakes, these guys dont know the future! just buy into a project you believe in and hold on for the ride, been doing this since late 2017
especially that fatass bitboy! he’s a fuckin’ idiot!!
bunch of mouthbreathers. it\`s part the uglier part of the hype machine. ai\`s can use this to gage sentiment. how many o-faces.
but they are experts. 😂🤣🥲
i watch crypto dad
facts: if your youtube page has an obscene "o" face like you're ready for some tonsil action, i auto block your dumb ass
the coin bureau also does this, only because they have to, but their content is actually good
ngl, i want anyone who takes pictures of themselves like this and think its “good” or “fits the mold” this is the second most embarrassing facial expression’s since the duckface.
this is solid! this rule !
don't be putting george on there amigo. he dabbles in shitcoins to make money, but his core is bitcoin.
this faces look like they got surprised by a facec*m
"compilation of men reacting to a huge whopping penis reveal"
youtubers are the worst
i think that when studying cryptocurrencies, you need to rely on specific facts, but not only on the opinions of famous people. because bitcoin is above someone else's opinion.
youtube thumbnails are pure cringe. the one thing i hate about coin bureau, but at least he knows what he is talking about.
bunch of soy boys
makes me avoid crypto altogether. i do not want to have anything in common with these potatoes.
mental outlaw has a few good videos on bitcoin although he will push other currencies he has a pretty based opinion
look at their faces man, they are clearly fooling people.
why are they all so punch face?
i need a scientist to tell me why making the dumbest possible face is somehow helping people click on your video.
i wasted so many hours on these people man, i regret it.
i remember when i first got in to crypto. saw a few bit boy videos. he’s pure trash imo. pumps what he’s holding and dumps when he makes money. when one of his videos said he got wiped out, i couldn’t help but watch it to get a good laugh.
their faces look so fucking annoying, wet slap prepping.
the thing is as stupid as they still have a 50% chance of making the right call. sigh.
those faces. fuck me that is hilarious.
i reference my two year old post: [youtube tech starter pack]( these are mostly solid youtubers, too \^\^
does an open mouth satisfy the algorithm?
the last photo is from bitcoinsensus. i think this is a good channel, the guy knows about ta and the analysis that he does makes a lot of sense for me. his videos are not click bait like the others youtubers.
why does everyone make this stupid face?
they seem easily startled.
the rules apply to influencers with more than 100,000 subscribers who are paid to promote cryptocurrency — a practice that is drawn criticism and even lawsuits worldwide... the rules are designed to let the cnmv monitor the marketing ecosystem around crypto assets and make sure audiences are aware of risks
early last year i put one of bitboys useless predictions in my calendar for september 28th as he was saying in a video that it would be the peak of the market and the start of a bear market. thought it would be interesting to see what was going on at the time and then after that date to see how wrong he was. that was right about the bottom of the dip it turned out at around 42k and the market went on a run after that to new all time highs. that guy is a useless fuck and yet people listen to him.
you won’t believe the number one way meet a glory hole!!!!
shit some of them guys taught me a lot and still is...much respect especially when you start with 0 then 7 to 10x your first year...
if you have a shocked look on your face on yt, you're off my feed. end of thiscussion
i hate that soyface look youtubers wear for their thumbnails. fucking ridiculous.
what should i watch? because i watch like 2 of these guys lol.
this is so true, these people are nothing but some bunch of idiots.
omg bitcoin is going to a hundred million in 10 minutes!!!!! seriously though, these guys allserve nothing in this community. there are some really good technical analysis channels
token of the month is a winner. period. xd
honestly, i have no idea who to trust in this matter.
robert breedlove is great if you want an actual education on btc
you are right. i do not follow any of those dickhad content creator. they pretend to be expert. when they are not.
where’s crypto lark?! hahaha
is that johnny sins top middle left...?
good, i don’t see my guy
happy i do not know who any of those people are
morgz really sucks and makes terrible content, but did innovate in one thing if anything this god damn annoying fake-shocked-orgasm face in the thumbnails he might not have even created that, but he was the first i saw to do it
clowns. though i ask myself why i'm not doing the same and collecting money on youtube.
so you know how all the women were doing duckface for a while? we should just start calling this pose dickmouth.
all of them are hypocrite idiots
lol bitcoin overlords 🤣🤣
"what's going on everyone. crypto nick here"...
thubnails like this are the best you see in the first second where not to click
listen to the smartest people in the space instead: jark dorsey (previous twitter ceo, ceo of block) jack mallers ceo of strike the best business show (with pomp) robert breedlove (what is money show? podcast) mark moss yt michael saylor (ceo of microstrategy) et al
cryptosrus (george) is not a bad channel. he has consistently told people to avoid leverage, scams and to avoid trying to time the market. and he gives decent feedback about different coins. he also gives decent commentary about events. he also talks about his mistakes in the past so viewers can learn from them as well have full thisclosure. i think putting him in same category as bitboy makes op's assertion seem false.
"lets see how bitcoin did today! ok, it went up a little bit in the morning then it went down abit later and then back up" what will it do tomorrow? bitcoin to the moon! like,comment,subscribeeeeeee. also, buy my course where i definitely do not babbble on about the seme bullshit that i clearly dont know anything about"
fucking golden rule, man. it's hard to express how much i despise these guys (guys like these?). it's stupid how this shit still gets clicks and views.
or any similar thumbnail! 😄
these photos are ultra uber ludicrous cringe
listen to we talking to you guys down here
it's okay if you used to watch these stupids, you should be careful now.
i like tyler s. he has these type of thumbnails though. hes silly but not shilly and has level headed perspective
avoid any content that came with shocking thumbs and titles.
what about tech lead?
is crypto kirby there?
george is actually legit. no ta just fundamentals
ah yes, the idiots.
not one hand on the forehead in the thumbnail, so yeah... no shit these guys do not know shit
b1 could be correct though. even by accident.
why is carl there thrice? 😂
you are missing a few. bitboy, cryptozombie
these aren’t bukkake for bitcoin videos ? .
you gotta know these guys are doing it on purpose at this point. feeding into the meme for fun (it is a meme at this point). some of them really know their shit... but this year has shown me that nobody knows what is going to happen. it seems like most of the time, bitcoin does the opposite of what is predicted (short term).
i wonder if its bad for your health to be that shocked all the time.
people need to understand that youtube has nothing to offer.
every crypto hater hates because they are angry at people that made a lot of money because they cant accept a loss
i used to watch them at the starting days lol i am so ashamed.
this is the 2022 sham wow guy
they all are such a pain in the ass, hope people will stop watching them.
how to make a bitcoin video: step 1, get kicked in the balls for the thumbnail
aahhhhh the well known ‘bitboy dropping bombs’ face. always nice to see
what a bunch of morons and dickheads they are
who is that guy on top right ... i been looking for him
i used to respect mmcrypto at first but then someone debunked him and now i think everyone is shit except the best business show ft the pomp boys
coin bureau is the only one i listen to😀
look that says he has the token of the month. i gotta listen. can’t help it. i need it.
the problem are not this persons, the problem are the persons who watch it.
so scared they are
all in one place like this they look they could be… ordered online and “delivered to your door in thiscrete packaging and ready for use” 🍆😮
those thumbnails are already a red flag for me.
the modern investor is a good one
can you guys recommend some legit ones?
fud + fomo = rekt and usually more broke than when you started. just sayin' ☮️🥷
show me you c face
man could i really abuse this pic with photoshop 😂
i love those surprised faces. these guys can be safely entered into the guinness book of records as record holders for the amount of stupidity. i do not even know who can believe them.
close your mouth, you’ll look smarter
why do they all look like someone snuck a 🍆 up their ass?
begging ppl to hit the “like” button
what is that face they are all making called, ahego?
has anyone ever made a huge chunk of money off a prediction any of them have made?
dudes making more money at youtube than actually mining….if they even do that
this is the people's fault, they should not invest their time.
lmao great post! fuck this get rich quick trying to monetize bitcoin.
i am proud of myself not knowing even 1 of them. only youtuber i like is guy from coin bureau
you can also subscribe on gate.io youtube channel to learn more about bitcoin.
when you are new to crypto, this is what youtube recommends for some reason
i believe explosion guy!
yo, george from cryptosrus is actually the only one there who tells you not to leverage trade. some good content on his channel. the rest are shits.
george (2nd from bottom, 2nd from right, asian looking) is actually a pretty cool guy. he's just another guy excited about crypto. he knows average level stuff and despite his thumbnails he is pretty honest and sometimes right. nobody is right all the time. i do not know any of the others and i'm ok with that they probablydo suck. just speaking out for george only.
youtube should do something to clean this shit out man.
cryptomo also uses same thumbnails but actually gives very good ta, bullish & bearish. he deserves way more recognition compared to all these channels. because of him i managed to avoid most bitcoin price drops.
george is legit. the rest, meh.
benjamin cowen is the very best in my opinion. he doesn’t monetize his videos and gets straight to the point.
i am glad i never took any kind of advice from these fuckers.
they are fooling every new person in cryptocurrency market.
cleraly there is not even a legit channel for cryptocurrency in youtube.
george should not be in this list. he does not make a nutting face on his thumbnails, and he is much more serious than the others.
glad you pointed this out, newbies should see this post.
i wonder if they will ever feel shame about this one day, like 10 years from now they look back and just cringe that they ever did shit like this. its so degrading.
even i first started , i ignored these guys, don’t know who’s the target is with their surprised face?
they all look like they are taking it up the butt in the thumbnails.
if only there was a youtube channel that does not pump any coins and is mainly about bitcointalk, the place this whole bitcoin thing started. edit: found it: [
도와주세요. 하나뿐인 가족을 지키기 위해 힘도, 돈도, 지위도 없으면 나는 그저 초라하고 나약한 사람일 뿐입니다. 누군가를 지키고 보호하기 위해서는 돈과 힘이 필요하다는 것을 다시 한 번 깨달았습니다. 나는 아내를 너무 사랑해서 아내가 아파하는 모습을 지켜보는 것 외에는 아무 것도 할 수 없다는 것을 깨닫고 무력감과 좌절감을 느끼고 있습니다. 저를 불쌍히 여겨주시고 도와주시면 감사하겠습니다. 받은 만큼 보답하는 사람이 되겠습니다. 아래 주소로 비트코인을 보내주세요.
happy to see krown is not on here. he has the same stupid thumb nails but dude knows his stuff with regards to trading
…...i learned everything i know about bitcoin and crypto from people who make these videos. and i’ve made money. and i know everything and maybe more than someone who doesn’t watch these videos. stop judging a book by its cover and mind your fucking business if you don’t like the videos. no need to put all these very successful crypto traders and analysts on blast for providing knowledge to millions of people...
this!! all of this!!
except allison ratasani. he is unique.
also perfectly captures why i am spending less and less time on youtube these days, it is become an absolute garbage wasteland of content. *i'm sorry but this is gonna be a rant...* if youtube was a food stall all they would sell is the absolute cheapest of junkfood, stuff so covered in grease, sugar,melted cheese and salt, that it would actually make you sick to look at it. the amount of cliche cringeworthy clickbait thumbnails is insane and the way they all follow exactly the same template makes me wonder if there is some automated app out there that just generates these for them. i just do not need a guy shoving his face at a camera and a big red arrow, i want a video title that is descriptive and a thumbnail that treats me like i have an attention span longer than a gold fish. >"hey guys welcome to another episode if you're new here do not forget to click like and subscribe and also check out my patreon--" shut, up! god, fuck, just, stop it! i do not care about your channel, or your clickbait videos or your padded 10 minutes of content to satisfy the youtube algorithm. if youtube were to ban and remove this kind of junk content the platform would be a ghost town. there are only a handful of youtube channels left i still go back to now and if those folks were to just put their content somewhere else, i'd gladly follow them to the new platform.
they all make the same stupid face that that ridiculous "thumbs up ryan kid" makes on all the boxes in the walmart toy section. i wonder if they know...
ah yes, the infamous soy smile.
i hate these thumbnails but george is not bad. i actually truly enjoy tyler s - maybe the most.
i like george tbh. he talks about news and current events. not heavy on ta
altcoindaily is an actual good youtuber with credible sources. not trying to shill for anything just think people should check them out 😊
lmao, you know i really hate this shit too and agree with op. but youtube is also to blame, the algorithm boosts "clickbaity" videos way more, so from the perspective of a content creator, i get it.
then what videos do you recommend
😲 i don’t hate bitboy crypto, but he really really seems to get a lot of predictions wrong. or perhaps it’s just the ones he makes in the videos i watched.
i avoid these kinds of thumbnails like the plague
i have a mate who started a youtube channel his first few videos didn’t have these bullshit thumbnails and as soon as he did i stopped watching. his content is legit good health advice but i can stand this kind if shit. but these kinds of thumbnails get the clicks.
let me get this straight. the blowjob face is not a good thing?
can someone edit in a dildo in all of their mouths, fking morons
they're doing it for a reason though. apparently it attracts views. wtf makes this stupid face remotely attractive.
yeah most people will be stupid most of the times.
smash that like button
i even unsubscribed from linus when they started putting those stupid thumbnails.
its because the dumb ass youtube algorithm pushed videos with these thumbnails to the top. so these guys do it to get more engagement. i bet most of them do not even like doing it, but have no choice.
lol, even if i get suggested this i immediately remove that.
i do not get it! i scroll past and never click on these stupid fake surprised faces. and i hear others, like yourself who do the same and yet every youtuber who does it, swears they see better click through and watch time with those thumbnails.
should i take you literally and skip also erotica contents?
but look how excited they’re to make gazillionaires!! they know something we don’t!
i 100% agree and yet the youtube algo has to see that face in the thumbnail or it won’t put their videos up. it’s crazy.
can someone make a browser plugin that reports any thumbnail with a face doing a pouting rictus as spam?
same, i'm genuinely surprised this is the way to go to get clicks. though the longer i stay on crypto reddits the lower my expectations for the average person become.
wait, you do not take financial advise from guys who look like they just took the wildest dump of their lives?
who actually does? who this appeals to is beyond me
whole boeing 787 can fit in.
it's sometimes not the creators fault. youtube promotes and wants youtubers to have this stupid thumbnail. phil defranco has a video on the subject that when he uses these dumb thumbnails, those videos will get twice as many views and show up on the main page.
from a reputable guy i've read about. he hated the shock look also and stated that he tried it to see the results of using the shocked look video thumbnails and the videos received more interest.
just come to say the same thing.
this. i never click a single video with that god damn face. even if it’s a person i subscribe to. f that face!
someone needs to start a satire financial advice channel parodying these types of clichés. shit... i might have given away an idea for free...
data-driven analytics. youtubers don’t care why you click, as long as you click. and for some reason, reaction faces solicit clicks.
it's been proven to work, thats why they all do the blow jay face.
you never trust a poggers face
the only youtuber worth their salt is james at investanswers. you’ll never see a thumbnail of him pulling a stupid face like this, he always looks smooth as a cucumber.
it’s called soy boy face. scientifically proven low testosterone
i came here to say the same: if you see the soy face move ahead.
i do with markiplier
must be some tried and true technique that works. even dr. berg uses a cringe o-face and a damn red arrow.
it's even worse. the algorithm would not push you up if you *do not* have that face. you basically have to make that face to get the fucking ai to like it. it's do god damn dumb 🤦
well there is linus….
i have to admit i sometimes do click by morbid fascination.
the only exception being the videos of vincent theo from hdtvtest. the guy is hilarious.
it's entertainment first rest second
every time i see linus doing this face, i swear, i like the content but the face makes me want to unsubscribe.
my thought is always, people believe that "well, if these idiots (the face youtubers) can make money with bitcoin (or other investment) then it must be easy" clicks on video
the infamous soy boy nu male beta face.
you can get browser add-ons that either hide the thumbnails, or replace them with a random screengrab from the video itself.
this a deliberate technique from psychological warfare. we have a part of our brain that gathers information from the facial expressions of others as a way to measure threat. this face elicits alertness and urgency, which is a seed that grows into fomo in higher levels of the mind.
yt mouth breathers... run away!
so many dumb people. you can’t believe?
i too usually stay away from thumbnails where guys look like they are ready to put a d$.
i am suprised folk still make these shits
and i am surprised how many friends of mine are recommending this. i did not watch any of these and still lose money. 👌
sadly people do respond to this crap. having a surprise (moron) face does actually improve click rate.
log out of youtube and look at the videos that are presented as default recommendations. the fact is, a lot of people are pretty low brow and click on anything that looks like idiotic garbage. many 'content' creators know this and stoop to that low in order to get their videos clicked on.
what most people miss about these guys, is that these people don’t make money from the trades. they make money from youtube and affiliate links.
lol, most of these guys are way more annoying than i can bear.
fucks sake, just spat my beer everywhere! 🤣
or an unexpected finger in the anus
mmmm fuck yeaa...i mean ewww gross. hehe. we're all straight here right? so who's gonna win the super bowl men?
was going to upvote but 69. nice.
they want that bitcum
insane amount of soy facing going on
he made a list of the top nft projects on twitter. 1, 2, 3 and 5 were legit projects. number 4 was a pump and dump he was promoting. someone did an analysis and found that if you bought everything he told you to, you'd be down like 50%.
he is the worst because his shit actually moves markets.
i’ll watch but only if you spam me with affiliate links, leverage trading, and pitch me your wealth mastery course.
lol, you just gave them a title man, they will use this.
can i subscribe to your channel?
yes, these thumbnails only attract little kids and babies
‼️‼️ ☝️😲👆↗️📈🤯 bitcoin 1 million in 2022???‼️‼️‼️
i too hate them lol, they are worst fucking thumbnails ever.
they all look like they want a dick in their mouth
this is rotting shit. doesn't get worse than this at all.
checked for coin bureau, happy to see he did not make the shit list
benjamin cowan. you’re welcome.
i like mmcrypto and i do not give a damn who knows it. he is a funny ass dude and his videos are just short ta. the rest i can live without.
lmao, everyone is going to jump on that guy. i feel it.
my boy carl is up there a bunch. he does decent ta. he quickly realized what gets views though for a thumbnail and title. made a few good trades because of him.
theres a guy i have watched before on there, if i had listened to him more thoroughly instead of thinking i was billy big balls traderman i would be far better off than i am now.
is this in reference to george?
yea i kinda like george sometimes. we are all george.
yeah i like george! i like to listen to him when it is dipping to steady my paper hands
george is like an independent reporter for crypto news. i’m cool with what he does.
yeah, george got unfairly lumped in.
what’s george’s youtube channel name
agreed, george is no more of a moon boy that anyone else in the space, but i generally just watch him for daily news. he has given some outlanthish price predictions in the past, but his show is not like we're definitely hitting 500k tomorrow!!!
the stuff he says about not panic selling, dca, and sensible portfolio allocation is decent. other than that, he just reads news and says “yea guys this sounds pretty good” or “nah that’s fud” lol he blew the lid off of that f2pool stuff a few months ago but i haven’t heard him say anything but common sense or takes anyone with half a brain would have since. seems like a nice guy though.
don't watch that guy too lol, watch something really educating.
wbd and wim shows in my opinion, those are the best channels.
i do not watch anything else these days. i will admit, when i was new to the scene i watched all of the guys in these photos. i quickly realized they were completely full of crap and thishonest. trader university seems pretty sincere and uses common sense instead of mythical chart analysis.
i like matthew's deadpan humor. and it is just his voice not someone's talking head and controversial background.
came here to say just this. it's clear he has the education and experience to back up his claims and understands how to explain concepts succinctly and effectively. he's the best bitcoin youtuber i've found.
im a tradermayne fan
same. super interesting content, love the low key delivery, and great explanations!
lol, pretty much summed up in one emoji. suma it up.
exactly. like most intrusive ads...it shows me what products to avoid. like liberty fucking mutual.
if your income depends on clicks and the algorithm says it prefers videos with this particular thumbnail then you’re losing money not doing it. generally people tend to pay more attention to thumbnails that have a human face on them, guess it’s some kind of psychology thing. but i agree as a viewer it’s become obnoxious and looks ridiculous.
it’s unfortunately a tactic used in any and every youtube category. respect to those who don’t do this
yes. get into the cryptoverse.
yep, that is the first rule and should be taught in schools.
meh. nice guy but just shills hard and rubbernecks 30min to 1hr bars daily with no insight. sub par. glad hes in this pic.
is he really tho? i kinda find him annoying too tbh.
lol, that is their right use case right there. that's what they deserve.
yep, they are making money from us. we gotta stop that.
yep, they will be fitting on some corn video too pretty much.
he’s go tell you to hodl.
he’s a damn moron, in my opinion. he has literally zero insight on anything, and he answers questions that he has no business answering. dude is a proper charlatan. i listen to preston pysh, investanswers, and trader university, among some others occasionally. that being said, i form my own opinions based on a lot of sources of information and thiscussion. i just think these 3 are well-meaning, intelligent, individuals, each with their own perspectives and opinions, and logical reasons to have the opinions they do. again, follow your own path.
pomp has some amazingly smart technical analysts on his podcast pretty often. i like to hear what hedge fund managers, data analysts, and money managers are thinking about bitcoin. helps me understand all the different ways institutional investors are thinking about it.
pomp, the modern investor, and robert breedlove's podcast.
anthony's great, but he is an evangelist. i like benjamin cowen for my reasonable ta
the vast majority of them need to be flogged in a market square
cowen’s the anti-shill. he doesn’t even use adsense, let alone taking money to promote garbage, and he’s not afraid to have an unpopular opinion.
cowen does not even put his face on the thumbnails.
had to turn him off as soon as i heard "hi, i'm george. we're all george"
you actually cannot lol
lol, this should be taught in the books now. because it is everywhere.
yes sir it is, this is the hottest garbage you'll find here.
the meme itself shows, that they are trash and do not watch them.
lol, that seems like a good profession for most of these guys.
and you do not have to be sorry about that lol, they look like that.
step 2: buy step 3: buy step 4: buy step 5: sell when you've reached your moon. step 6: live life
what's wrong with these guys lol, they have got something wrong in brain.
i always stick to btc lol, i never watch those altcoins.
who's this guy or gal? are they any good or just waste?
they wanna get all the kids to click on their videos.
they are idiots and they know that. that's why they are shocked.
that's a good ass website. bravo to the matt odell the man.
and above that why people click on them at all, that is idiotic.
they make the crypto community look re bad. those are real cunts.
lol, i'll not take anything from them, not even a blowjob.
yep, lol, that is here to show you some real jerk faces in this community.
lol, yeah? you've got something to say huh? and what's that?
it's important that people do not watch these idiots.
just look at the thumbnails man, it is pure clickbait lol.
true, youtube is fucked up and it is not for cryptocurrency.
i watch one of these guys (cryptosrus) and he tells people to stay away from leverage and trading and to dca patiently. sure he waffles on a lot and is always optimistic about everything but his channel doesn’t encourage people to do anything immorally reckless with their money. not to say he doesn’t have ulterior motives with the tokens he features on the channel, but he’s certainly not the worst channel out there, mostly it’s just bitcoin. his daily hopium videos made last summer more bearable which was nice.
? there are way too many good people in this space that you can listen too. ever heard of robert breedlove?
is there a channel like that? what's the purpose of that channel?
ia(james) has his issues but he is one of the more credible ones of the hundreds. i usually like his takes on things. him and natalie brunell.
all of these guys are pretty trash dude, avoid watching them.
he lives in puerto rico
he is also someone who does not pump but makes really some analysis although i am anything but convinced by chart patterns and "technical analysis"
there are better things to watch for entertainment, but hey, i'm not judging
yeah he is definitely better than these other guys. agree.
and that is the first sign to stay away from them. not to watch them.
he pumps meme coins and is a shyster just like the rest of them.
yep, many tubers do not have any idea of what they are saying
but most people do not have that, they take advice from these.
lmao, no one needs his advice. especially i fucking hate him.
those are as worst as anyone can get dude. never watch them.
lol, i'm not taking any of their advice. they can fuck themselves.
this is my bitcoin wallet
only if had some dicks on it, that could have been more funny.
pomp, and what bitcoin did are good ones. i’m sure there’s lots more from reputable sources. i personally look for people who have been in it for a while and get interesting people to interview.
don't listen to anyone of these. those are literal idiot guys.
benjamin cowan he says “this could happen, this could not, i dunno. heikenashu candles, heikenaddhu candles!” it’s very useful
i get the urge to slap everyone of those guys too lol.
yep, these guys are scammers. better look out from them.
seems like it is blocked...
gaming chairs are not even comfortable. every time i see a youtuber with one i cringe a bit.
link to his channel if anyone is interested. very calm and genuine.
the speaking of bitcoin podcast is great.
i respect everyone opinion just say i came from nothing did not know shit. now days i do not even think ppl would believe what i accomplished unless i show it. i will just say the power of knowledge when applied is wealth...
stop taking financial advice from poor people or normies
found the moons alt account
he is scamming you, cannot you see? obvious as hell.
open mouth = close video
i want a browser extension thisplaying old school auto generated thumbnails instead of artsy trash.
can confirm, there is some kind of aversion towards these kind of clickbait faces
can´t close if you don´t open. better yet; use don\`t recommend this channel anymore button on these bches. works for me... i don´t see those ccksuckers anymore. colin and some other dudes don´t try to suck me off
lol, these thumbnails make my job easy. i just avoid them.
me too. although i follow a guy on yt that does reaction vids on songs he has never heard before. (i know he has prob heard some) and he is super chill, i mean like never ever done 'the face in the thumbnail' if he is surprised by a track but then i saw the video list of his channel, 100s of vids and every single one was of him being shocked and astounded, mouth open. he literally has never done that in a vid and the thumbnails are obvs just single shots not from the vid. smh
you can block channels.
yep, people are fucking dumb. they clicm on these man.
exactly this, i'm sure most people do not want to look like that, but they know it gets the clicks. . business is business.
so his thumbnail worked?
everything in this world depends on the context
yes sir it is not lol, that is a thing to avoid right away.
look more like in the butt face
not when it’s a dude and you said you wanna get this “straight” ??? lol you answer your own question
omfg this is perfect please don’t edit a cock on my comment.
i do not think it is an issue of attractiveness. i think it is just a mental trick... 1) our brains are wired to pick face patterns out of whatever we are looking at so we are prethisposed to look at thumbnails like this over anything without a face 2) the only time people make faces like this in real life is if something insane is happening. these faces are saying "i just saw someone break a leg". worst case scenario, you hate the thumbnail and are therefore more likely to click on it because it made you feel something and the other 10 recommended videos did not. best case scenario, you are not consciously thinking of how shitty this youtube strategy is and you're still more likely to click on it because it is a face and the face looks 'interesting' and the other 9 thumbnails either do not have faces or have more neutral expressions
i hope your average joe can differentiate between credible and this if they are looking at things online. the bro vibe is definitely something that could turn many off from btc or crypto in general.
but we cannot deny the fact that some degens enjoy this
and the one that annoys me the most is george, "we're all george"! so many things about him annoys me. since i subscribed to the channels i like and watch only from them, my search has remove most of these guys from now when i search "bitcoin". previously it was all fuck faces...
he put a nice explanation why they do. it's stupid but it makes all the difference in term of clicks.
it's a self fulfilling prophecy, like step-sibling porn
you think the youtube algorithm is actually scanning the image and pushing that video to the top?
true. it’s a case of … don’t hate the player, hate the game.
that's a cringe ass guy lol, how do people even watch him?
yea thats fucked up
"based on my analysis"
they do not call it 'o face' for no good reason, spit some shit in there u
lmao, it is the fact dude. they make face like that trust me.
you were meant to swallow
i kind of enjoy the unexpected finger…...
lol, you seem to enjoy those in the first sight tho?
you win today 🏅
lol, that makes them money so yeah. they'll do that.
i stopped watching him after i witnessed him panic sell the bottom in like may lol specifically with cosmos, and then bought back in and started praising it again a few months later. i like cosmos but i’m pretty sure it’s because they gave him at least 30k.
i really wonder if this works cause it is been proven kids click on these but kids wouldn't be interested in money so what's their plan as uploaders? must work on some grownups too if they keep pulling the same dumb faces
that's what their targeted audience is lol, they target those.
it's a title for them right here lol, and people will click it.
lmao, they do. but i am not giving them shit dude. no shit for them.
his thumbnails do sometimes look like this but different message lol
he's kinda good sometimes. no reason to thrash him.
i like his cautious, but optimistic approach, and his insistence to never invest money you cannot afford to lose.
oh mate, kiills me that guy from coinbureau does those stupid fucking meme-face thumbnails. such a great channel in every other aspect.
he has cringey thumbnails too but i like his channel
he is an idiot.
yup. he's the only decent one on this compilation.
we are all george.
he’s the hopium king of youtube there really isnt anything to listen too he just reads out news lol
yeah, he is kinda good i can watch and enjoy his videos.
this. also: adsense turned off.
yeah he is a annoying a bit but still he makes good videos sometimes.
i would say he’s a pretty good commentator for promoting dca & holding but besides that he just repeats the same content over and over again. i really liked him when he was on that dca show with the two other guys. not sure what happened to that though.
exactly like that. i tune into his bs every time i get paperhand feels.
i mean yeah i agree. he's a moron no way around that.
most of the times he is just idiotic. he's not informative.
to be fair he does three streams a day now, i’m surprised he has anything to say with a schedule like that.
yeah he is got great guest list, no doubt about that.
and what about wbd? you do not like that? i like that actually.
lol, fuck that lmao. if someone pulls up that line i'm closing that tab.
exactly. you can kind of tell he’s overly optimistic, but sometimes it helps lol. and i like that he calls out shit coins as shit coins.
you’re thinking of rob at digital asset news
sure, i watch plenty of things on the internet, just saying it is some good entertainment
so you’re saying there’s a chance
not me. i’ve got my 14,000wario tokens. bitboy crypto’s insider says we going to the moon by valentine’s day. 🚀
no, you need to open video select thislike and close.
the new duckfaces of 2022.
i use [clickbait remover for youtube](
this is brilliant. i miss "random frame" thumbnails
but how will you know which videos to avoid?
think about how stupid the average person is, and then realize half as many people are dumber than that. that’s why this shit works.
i'm sure some people want to look like that lol, some are degens.
not for me. i refuse to click on a thumbnail that has a fake surprised look
>omfg this is perfect >please don’t edit a cock on my comment. >8=========d
that wiring will change over time as we realize how annoying these thumbnails are.
yep it is all mental dude, people like to click on these.
or you can say it is the blowjob face. that's way easier.
yeah...but why? what makes people want to click on a stupid ass o face.
agreed. i'm sure he is a nice guy but it was a bit weird with him doing that dca show with the other two and then deciding not to do it all of a sudden. like, it is once a week(and he was posting daily-have not checked in a while)... why wouldn't you want to drive more traffic to your channel? i think it was just a conflict of interest thing... i came across multiple videos of his where he was talking about the meme coin of the minute. with that said... i'll be happy to never hear "we're all george" again... no one is george!
so it is fine when linus explains it, but not fine with these dudes in op's pic. got it
lol that was not the analogy that i wanted to hear here.
i think the algorithm knows when you stop scrolling and it’s nearly always to look at faces like this
yes. they have been for many years now.
i'm betting on it just based on this comment
definitely deserves an award man, cannot do a better comment.
the suspicion many have is that he is buying in, promoting and dumping
it’s not the content that is the point of these thumbnails. all about views and metrics.
veritasium did a video on it. it’s insanely effective.
it definitely works dude, look at the view counts. those insane.
i was going to say, what's wrong with him? he's the only one here that i do not have an issue with.
yeah why is geroge so bad, he seems pretty common sense
he doesn’t provide any information that isn’t readily available for normal people to find themselves. his show doesn’t bother me, but it certainly doesn’t benefit to watch it.
george is perma-bull reassurance, and i appreciate it. dca, and don’t get wrecked by leverage!
none of them is good, all of them are very shit dude.
george sucks. he's always overhyping and does not provide any real ta or knowledge that any layman could find put for themselves. and more than half of his videos are him just answering the stupidest of inane questions from his chat to fill space. his answers always boil down to "yeah that one's good." or ""it is kinda good."
you're saying in the sense that we all are dumb lol? it's true then.
we are all george
rob and james are both idiots imo…
yep, pomp is great with all this stuff. i like his content.
i was being sarcastic lol. i mean, he’s fine… reddit has a rock hard boner for him. he’s got a decent insight into what’s going on, but he’s overhyped.
basically every single one of them is them blowing a load into the ass of the next guy.
the all look ready to receive a load... in the face
c3 looks a bit tweaking to me 👀 😂and a2 was 100% paid for that advert
i love how we all figured that grid system out instantly
this is brilliant! thank you, i was looking for this for years.
this is amazing. thanks for sharing it
thank you kindly 💓
this is brilliant but i would not be using it. if the youtuber uses a clickbait thumb it signals a massive red flag for me. i would not know to avoid them if i use this.
by the bad creators and titles of videos? ' good creators use the astonish face thumbnails, it just works too well to not do it
i often end up picking videos where the thumbnails look kinda low quality. usually the really cleanly edited ones are sign to me it would not be interesting.
it's the visual version of the "here's a list of stuff. will shock you!" they're shocked; people want to find out why, even if they are 99% sure there is nothing shocking in the video.
he did not like that james only likes his top 5 crypto's and shits on all others.
> no one is george! lol, to me he is one of those people who wants to sound pretentious but just cannot quite pull it off. alex landi, now he can probably do it.
where do you read i find this fine? more like a necessary evil and it sucks.
but it is the one you needed
the *images* for the thumbnails? do you have a source?
i don’t think the algorithm is ‘scanning them and sending them to the top’ mate… haha… just they work and have the most clicks whereas something that has a boring further away face does not.
that time if he really sold it was almost definitely the bottom. he seemed legitimately worried and i don’t think he’s that good of an actor. any pump he caused with it the last time he praised it was dwarfed by the rally that happened around fall that he absolutely didn’t cause. it would be interesting if someone got ahold of one of his wallet addresses to tell if and when he actually sells a lot of different coins lol
that's the thing, even if they get a few kids to watch, they are gonna click away as soon as they realize it is financial stuff so they will have shit retention
haha i like george. no, it is not ground breaking material. but he sticks to his guns on dca and do not leverage or you'll get rekt! i like that he looks at current events, the stock market and interesting new happenings with different projects. but, i could just be propping the channel up because... i am george...we're all george...
he’s great for beginners for reassurance and not much more. i can tldr his entire spiel: dollar cost average. there, now you never need to watch him again.
i like george too, but bros been wrong plenty of times. hate to say it, but he does make a stupid 😒 face thumbnail. the truth is that it gets clicks.
i think hes on here just cus he kinda made the face lol.
yeah, he pretty much just reassures people in doubt during dips and talks about stuff he saw online.
i do not know, if anything he just reassures that dips are not the end of the world. definitely stopped me from panic selling a lot of the times.
exactly, he never says something "new" ...
james is cool, but i don’t find rob interesting
lol, literally. they take rumours from others and make them into news.
i laughed way too hard at this comment haha!
the youtubers are there for profit you know, and what have been one of the best way of getting more clicks...
did you not read the title of the post? i'm confused, were avoiding these guys
he was jealous of jame. because jame got financial background and knows what he’s talking about, unlike him reading shit of the internet
not sure why i'm being down voted. there's plenty online about google's proprietary deep neural network technology and how it works in regards to recommending images on google and youtube videos (taking into account several things, thumbnail being one of them). [here's]( an article that covers it fairly well.
yeah this is fair, but at least he is not trying to rob people etc
it’s really helpful to listen to him during a crash haha.
also do not sell, it is just a dip. dca.
haha yeah pretty much.
and he is addressed that. he's said people make predictions and they are wrong, and he is not perfect. can't expect anyone making a prediction to be 100% right. and honestly, if you're trading off of youtube tips, you're going to get wrecked eventually
i do not like him dude, price predictions am not everything.
it is true, seems a decent dude, but mainly a bluechip blockchain maxi and relies on viewer shills to find new projects...he is not too big on research
he's an idiot too lol, never go by his advice. never do that.
i like it when he gets depressed because the market does not do what he thinks its going to.
correct. again, i don’t want to sound like i am hating on the guy, but he just reviews the narratives in the space and has a hype up and pep talk for btc holders lol
james is an ignorant solana shill.
tldr: rule 1: never click on yt cock-suck face
they should feel shame. snake oil salesman
as someone who actually is a data scientist i have to say that article is absolute garbage of little substance. google’s 2016 white paper on the subject barely mentions thumbnails and doesn’t explicitly list them as a feature. i doubt they get used as you think they do. that said it’s entirely possible thumbnails do get embedded and incorporated into the overall feature vector, but i’m guessing the popularity of thumbnail style is primarily a social trend combined with the obvious feedback loop.
you said load bwahah
lol, that sums it up. :)
i am also george.
oh hey bezos, how goes it bro?
the yacht is going to look amazing mister bezos!🛳🚢😆
"daddy can we eat the pizza now?" "no, we gotta hodl it"
this provided a use case that started the trickle which became a flood of further use cases bringing us to where we are today. without use cases of actually exchanging bitcoin for services rendered, at any amount of bitcoin, we wouldn't be here now to the extent at which we are.
idk. maybe post this on the 22nd?? call me crazy
i’m gonna order pizza on may 22 and pay with btc . i think it must be a tradition like thing .
funnily enough, this guy is the closest representation of satoshi nakamoto's ideal than any hodler today.
laszlo invented gpu mining.
but where's the guy that took the bitcoin?
people may laugh at him now, but in 2010 most of us didn’t even hodl bitcoin.
i wonder if this guy held onto any of his bitcoins.
as unfortunate as that kind of trade is in retrospect, stuff like this needed to happen in order for btc and crypto to be taken seriously at all it was a necessary sacrifice
the only guy actually using btc like a currency. the rest of us literally hodling in our mattresses.
what a legend! historical moment.
i don’t get why people freak out over this. no one knew what btc was going to be. this was when you could mine for a day and get hundreds of coins and they were worth like less than a penny. this was even before it’s use case for dnms and gambling.
why are the walls and the table the same color as the pizza box
wait, there is a picture?!
can anyone actually get the tx id on the blockchain for us to see? i tried looking but i could not search by date, i just wanna look at the tx for the giggles lol edit: i managed to get the address, looks like the dude traded more than 2 pizzas by a far shot 1xptgdrhn8rfnzniwcddobd9ikzatrvh4
in his defence those look like fucking delicious pizzas
the dad looks like mac from it is always sunny.
i did the same thing but of course not as much but i bought two pizzas back in 2015 for like . needless to say that is a regret.
today that’s £290,700,000 (ish)
i remember reading about this when it happened. shoulda coulda didnt but any...
oh yay, i cannot wait for all the click bait articles and posts beople make attaching a fiat value to it that is immediately out of date.
last i looked he was an engineer or similar at goruck. when you buy stuff in bitcoin from them, they [send you a special patch]( (goruck and similar military-adjacent fitness activities are usually rewarded with these collectible and coveted patches.) edit - [here's]( an old article and podcast about it.
say and think what you want, but he was a pioneer. i mean, just the fact that you could actually do this in some way, and the fact that he is probably the first person to do it and post it online, solidifies his place in history. and let’s me honest, if i had 10,000 in 2010, how long would i truly hodl that shit, without diamond hands, and without fucking throwing the wallet out with the old hard drive? good sir, i salute you!
fuck you money is being able to spend roughly ,000,000 on two pizzas and then tell everyone about it with a big grin on your face
that’s literally when bitcoins came out… so to speak. there was no online wallet, there was a shoddy app that made no sense, nobody understood it, and it had a value of cents. i myself bought 1,800 bitcoins for . i literally spent about 200 or so on a pizza once. nobody knew this will be worth more than a dollar a pop up until years later… instead of laughing at those kind of pictures, donate them bitcoins. because of our willingness to spend our dollars in bitcoin over a decade ago and putting them into circulation and making them viable as tender, we’re here today at ~~~~ ~~~~ ~~~~ ? since i spent, i do take donations :p
counting bitcoin in pizza seems much more logic to me then counting bitcoin in fiat currency. (and counting sats in pizza slices of course :) )
i'm sure that without this guy we wouldn't have what we have today. big markets, tether, nfts, and crypto spread around the world and are even accepted by the whole country. this man is a legend.
god damn it would be worth 350m today and over half a billion at peak got damn
this dude and his pizza walked so we all could run 🚀
“what would you do if you had a time machine?” “don’t do it!!!!” (in slow motion while he is 1 second away from trading it)
i want a follow up to this story. did the pizza place hodl and become extremely rich or did they spend them as well?
this will never not make go ughghghghghghghghghgggggg
i once had several hundred when you could get free coins from faucets, you got another coin everytime you loaded a webpage and you could f5 like every 40-90 seconds, the length of time then to mine 1 btc. then one day i got a new car stereo that accepted a usb stick so i loaded up the stick i had them on with slayer and pig destroyer mp3's and of course it got lost. not sure how many exactly now, i would hit the faucets for 5-10 minutes every day for ~4 months, there had to be at least 6-700 minimum, could be in the thousands. that stick was water proof and was likely dropped in a bar, wi. probably behind the blind alligator. i looked but not that hard, btc was still <.01¢ at the time.
bitcoin pizza day is a big deal!
we've came along ways, yet so far to go... enjoy the journey.
the real interesting part of this story if what happened to the bitcoins from the guy would set the pizza??
10000 bitcoins for shit pizza. let's go
dude is a legend, hope he did not invest in
does anyone have the transaction id by any chance?
those pizzas peaked at ,000,000. incredible.
immediately after the trade .
i’m curious as to what the guy who received the bitcoin did
everyone talks about this guy using his 10k bitcoin to buy a pizza lie like, "imagine if he had not bought pizza with it and still had it!" ok, so who received the 10k btc? what did the pizza company do with it? i've never heard anything about them.
does anyone know if the pizza joint is still hodling?
looks like one cheese and one veg. glad he didn’t upgrade the cheese for pepperoni, that would have cost him .
694,200,000 for 2 pizzas? sweet deal.
the worst trade in history
someone track down some of these bitcpins on the block chain and yell their lifestory
what did papa john's do with the 10,000 bitcoins?
is this guy still alive ?
that's the most expensive pizza.
send a direct message i can be of help
at least he got pizza, while most of you getting negative returns this year or in other words burning fiat for absolutely nothing.
dammmm, 280 million pizza better be good
how’s he doing now? did he continue investing etc?
that’s a win for the pizza biz
lol better a pizza today than all the pizzas ever produced tomorrow
unless you forgot about those bitcoins, chances are he would not be a millionaire today. at the time, if they had appreciated to a few thousand dollars, he would have sold. it is whar antonopoulos explained. very few people actually hodl all the way through.
there are two ways to see it 10,000 btc worth 34.7k each or as the first btc transaction. don't know what to think of lazlo, but i am sure he had more than that transaction.
that’s saddest day ever for him 😅
we need more actual use cases of goods or services to take the next steps. like it or not, hodling still means we are in speculation phase. acting as a hedge against inflation has not been demonstrated so stop suggesting that, the market has already thrown that idea away. you need to as well. digital ownership of finite item is still cool and all, but that needs to be able to demonstrate value, and how do you do that?... exchange it for goods and services!
what a great day.
what kind of topings do you get for 355million dolars?
the og pizza buyer, i will remember this dude till the end.
where do they live now? if they live near cali then i want to meet him. i want to talk so much about things with him right now man. we can say whatever we want but he is a good guy for sure.
not a complete dumbass. how could he have known? he was just using bitcoin as currency, as we'll all be doing eventually.
that guy must be posting on r
that pizza's not even appetizing. 🤮 imagine what kind of pizza 10k btc can get you today...
that pizza 🍕 looks awful
the expensive pizza of all times worth it
mans punching air when this memory comes up
i would neck swear to god
at this rate, 3 pizzas = + dollars i hope they came with bread sticks at least
it is not may 22nd?
for some wack ass looking pies
i am sure this was a great investment and a cherished souvenir with his children. and he would throw all it away in a heartbeat for 10000 bitcoins.
i am truly amazed that bitcoin price has held up so long. especially when it is widely recognized that nfts have no value. a bitcoin is just like an nft, except the bitcoin has no additional totem associated with it.
he says he is not bothered and i do not fucking believe him
for everyone thinking how stupid it is looking back trading 10,000 for 2 pizzas. we might be all doing the same now every time we sell bitcoin.
almost 700million dollar pizzas when btc was ath. that must be hard for him too think about
already in the diary.
i wonder if the guy that got the bitcoin for payment is a diamond hand or traded them long ago.
how much runescape gp would a couple of pizzas cost?
so who is holding those 10,000 btc today?
imagine face of a guy who was from the future and gladly traded those 10k bitcoins for those two pizzas lol
this pizza looks great
if one million people gave him 0.01 btc today...
my heart rate just spiked.
goddamn delicious monster pizzas. worth it.
the 2 boys must be real pissed now
the reciever gets his food delivered every single day now.
plot twist: he became a buttcoiner
two of my favorite things in the world, bitcoin and pizza
what did the pizza place do with the bitcoin?
is that trader joe’s pepper?
my current "pizza" is my cold card... got it when btc was booming up to 14k a few years ago. but reminded that at that moment it is just a way to transfer value for goods and does not matter in the long run.
i could order a pizza right now or wait until i have half a billion dollars choices
the kids look thisappointed like they knew how much their dad paid for the pizza.
the man, the myth. the legend. emphasis on the latter
what did the pizza joint do with the bitcoin?
history is full of examples of stuff that over time went from being worth nothing to a fortune (misprinted stamps, baseball cards, paintings of unknown artists then becoming worlwide stars, etc). but certainly nothing went from the value of 2 pizzas to thousands of millions of dollars!
he is satoshi dont get fooled
love the i heart pizza tees. are there any i heart bitcoin tees out there?
ah, back when bitcoin was a currency and not an investment.
i love that it is on the 22nd. it means that all bitcoiners celebrate by eating pizza on my birthday.
one of the russian oligarch yachts is worth about that right now.
in case anyone is wondering, .
two pizzas are currently around 85,000 sats.
my calculator would not even tell me what 10,000 btc would've been worth at btcs peak price. can someone good at math tell me?
the guy is trying to forget about the damn pizza and you keep reminding him of it! have mercy on him!
anyone know if that pizza joint owner is filthy rich or not?
sure he spent 10,000 btc on a pizza, but think about it. if he did that, he probably had a lot more btc he was holding onto.
in the past, most people criticized this guy with comments about regret. the fact that there are hardly any today is evidence that people are starting to "get it." i cannot help but wonder how effin rich he is today though...
i hope this guy is ok
+ per pizza at today's price of bitcoin.
jercos is a happy mufucka
better not tell that to those boys when they get older.
that’s my wedding anniversary
this makes my stomach hurt
is this guy a billionaire now?
check out r. last year . rarepizzas.com has more info.
like anyone else of you here would have held for 5 more years at the very least lol
ona pizza till zazu
those pizza better make you fly for 10k bitcoins
this guy made history
man i wonder how those kids feel about eating their future and that is their own children as well.
well, it is may 7th.
i’m buying a pizza with bitcoin this year!
must be weird for all the pizza guys out there being asked if they accept bitcoin every may 22
thank you u. you are ucking og royalty in the crypto world.
lets say he bought the pizza with bitcoin when it is at .005. what was he doing when it went to 0.05 or 0.50 or ? he did not buy it again? if he could buy .
nobody ever talks about the guy who accepted the 10k bitcoin. what did that person do with it? i hope they hodl
the kid in green knew what just happened.
his childs are visibly crying because of that desition
has anyone followed the pizza bitcoin trail to see who now holds these legendary coins?
dude who set it all in motion, legend.
would be worth ,254,247 right now.
i would probably hang myself lol.
deflation is a bitch too hungry to worry bout that right now though...,
,750,000 today, ,000,000 a few months ago.
two pizzas and a lifetime of regret.
sadly, that person buying pizza for 22 bitcoin actually did it right. participating in the bitcoin economy. after 15 years the growth of the bitcoin economy company is practically none existent still. all the focus is on hodl and exchange rate.
what does the note pad say? can’t make it out
at least he got 2 huge ass new york style pies!
guaranteed those kids hate him
both those pizzas cost a total of £278,051,373
at the end of the day he still got a thiscount on the pizza and that shit looks good so bet it was worth it. so worth it he should get a no regrets tattoo.
meanwhile pizza shop owner is retired af.
at the current pace this might seem like an excellent deal in a year or two
i bet he wishes he can puke that pizza back up
so some pizza shop owner is a trillionaire somewhere now?
what an absolute legend
pizza is only used by criminals
anyone know what happened ? did the pizza dilevery guy or pizza owner cash it out? still holding? what??
i hope he is alright. if this were me, i wouldve gone nuts
if i ever meet this guy, i’m buying him a slice edit: and probably a fuckin drink too
seems like btc is headed back down to that original value in honor of the upcoming bitcoin pizza day.
if no one spend on stuff bitcoin then it was worthless. stop saying they should have hodl that 10,000 bitcoin and now they will be a billionaire . at that time 10,000 bitcoin worth two pizza at that time...
i love this day
i'd like to lay claim to the [first vending machine transaction using bitcoin]( any thisagreement? ...
near to 300 million usd
anybody know what this guy is up to now? is he rich? i hope he held at least 100 of those bitcoin...
gpu algo + price thiscovery = fkn legend. this guy has done more for bitcoin than most everyone i can think of.
bet he regrets that now
that’s a very expensive pizza
he probably mustve been regretting his choice or buying pizza lol
thank you. but is always difficult when you think about it.
ouch. this is a good lesson for everyone.
jercos is literally a millionaire now. lol, just wow. i feel.so dumb for getting into mining in 2018. like an absolute idiot.
i hope that ,000,000 pizza was tasty
damn man, i still regret this image i do not know why lol.
i want to know what the pizza shop did w all that btc?
sad to see that they are having shitty pizzas with that kind of btc. i would have hold that but we cannot do anything now lol. let them enjoy that pizza and let us invest more now guys!
man this is still funny and i do not think it will be unfunny ever, i just want to laugh at this post now, it is a good time lol. is he okay now? what work do he do these days? want to know that.
the guy deserves all our respect for doing something like this lol. we can just respect him for buying that kind of pizzas. i hope he is okay and having a good life now, that is what matters.
really want to go back in the time and want to slap this guy, i will ask him to hold as much as he can that time lol i would have made him rich as hell and he would not regret that.
wow man this day is worth celebrating, i am just so ashamed that i did not knew about all of these things. i guess i gotta pay attention to all our histories, this is funny as hell. i do not know why i am feeling a bit sad for him.
it was a shocking thing and we cannot do anything about it lol. i hope we would not get stuck with this kind of situation in our lives. we really do not want to perform anything stupid like this lol.
may his family will have more than that but they cannot lol. we cannot blame him because back in 2010, no body wanted to hold, that is a good thing that they were trading in bitcoin that time.
i do not know but i think satoshi know about these things and he laughs with all of us lol. i have that kind of a vibe with me right now, not sure if that is not true. i really want to believe it is true brothers lol.
the man is here and his day is here, we gotta celebrate. we cannot ignore this type of history it is a part of bitcoin. so nice to see his family photo, gotta frame this shit now.
i never felt sorry for the dude because it was not his first time. he was used to buy things with btc back then and it was okay. because we never knew what will happen in some years lol.
those pizzas are nothing but some poor backed pizzas. he could have had so much better things with that 10k. i just cannot accept that he has no regrets of these things lmao.
i want to meet this person once in my life, i was to touch is hands. i want to know what were he thinking when he was trading this. he is a legend tho, we would not remember him if he did not sold.
one day i will meet this guy and i will say that i am his biggest fan. i do not know why but i want to do that so bad as of now lol. i want to meet him no matter what, where can i find him?
the hidden word behind that tee was i love bitcoin though. lmao!
it's been so long man, 10k of bitcoin still sounds like a dream to me. i hope they are okay with it now lol, they have lost so much. but still they are known to lost so much amount of btc.
it's good to see that he just accepted the fact that he sold lol. he should not care about negative things in his life now. he gotta focus on investing more and earning more btc.
he did that for his family and i am glad that he did it lol. nah man i am not fucking glad he should have starved them that time for their better future. i want a fucking time machine now lol.
man this is just something what is worth celebrating lol. he is legend and he is a fool at the same fucking time to us. it's so good to see that we have witnessed this shit lol.
why does that not bothers him right now? it's just so confusing. i would have died after selling that kind of btc when i know the price. he is a strong man for sure, he is a bit stupid too but it is okay.
i will build a time machine to travel back and stop this dude, he could have been so rich without selling any shit man. but he chose some other ways and i still respect that lol.
it's just such a great day man lol, we gotta celebrate it for sure. but first we need to feel sorry for the man here, he would have been a genius that he got 10k. lol but at the end he sold everything which is fucked up.
it's just so fucked up to me, he should have hold but what can we do? it was just not for his wallet that is why he never got it lol. i hope he will have some good days after these things.
he gotta do something better than that but still we should not complain about anything lol. he is a great guy and he did what was necessary that time, we cannot always thrash him for selling those coins man.
i still remember that day when i get to know about this shit. it was just so hilarious to me, i still remember that laugh. i hope they are still searching for that merchant right now lol.
is he regret these things now? or is he just make fun of it?
fuck man, i cannot forget this shit, it is just inside of my head. it's funny and fucked up at the same time, so sad to say that lol. he said it is not a big deal to him and that makes it more fucked up.
god give this man some power so he can get back what he lost lol, i really want to see him with 10k of bitcoin right now man. he does not deserve that or he may do, i do not know but still.
man have been through a lot, let the guy rest and not laugh. but fuck it i want to laugh as hell right now lmao, he did so bad. he could have saved half of that shit before selling to pizza merchant.
damn man this is something fucked up and it still hits hard to me. can't even do anything except wondering about his situation right now. where do he lives these days? want to meet him so bad lol.
man did something fucked up and look at his smile lmao. he has been the most fucked up person for all of us but he did not knew about btc that much that time. it's okay if he sold and we cannot do anything.
,000,000 with of pizza right there!
i would prob kill myself
this dude is comparable to d day soldiers in terms of sacrifice
hes probably punching the air right now. shit man i'd kms if i had done that. also out of 10,000 bit coins even if i had 10... that would be life changing.
this should be an nft
i love how experimental it all was :d
nobody ever asks about the person. i wonder where they are now
and he’s still eating pizza 😬
he wanted to become smart ass by showing off his pizza trade picture, and now he became the biggest internet joke. if he knew bitcoin could buy him pizza, then bitcoin could buy him way more in future if he held it.
i'm assuming this guy committed suicide...
lmao i do not know why but we all are laughing as hell.
or he is truly our hero because this was among the first real usecases. who knows, maybe if he skips this transaction btc wouldn't be here as we know it.
"daddy, why do we live in a box?" *shows them this picture*
"it's all over for pizza" - forbes ( ͡° ͜ʖ ͡°)
laszlo loved his 10,000 bitcoin. he just loved pizza more.
once again, the conservative sandwich heavy portfolio pays off for the hungry investor!
my pizza! has it also appreciated in value?
"not until you finish your beluga caviar"
the best day of bitcoin.
pretty serious like if he would have been holding that it would be thus indeed perfect enough to make some good gains.
if any man has ever taken one for the team, it is this guy right here.
i like to point out that if we actually think of btc as a currency, it doesn’t make sense to ridicule this guy for using it as currency or use him as an example of what not to do.
finally i can use a medium of exchange to purchase goods
because that would not have been possible enough to reach here time made and efforts made all this.
more like thanks to silk road and the black market... the legit uses were miniscule
it's literally just because people started trading drugs with bitcoin.
would seem appropriate right. but, they gotta pump to hopefully get retail in on when leverage may decide to move it in the opposite direction.
cinco de mayo was just a few days ago, may i call you loco?.
yeah as a bitcoin maximalism
if you have two sons, you can dress them in "i love pizza" shirts and take the same photo every year.
now only 10k sats
laszlo (the guy that the bought first pizza, featured in ops pic) also bought more with lightning when lightning was new.
he also was one of the early devs for the lightning network.
most of us had never even heard of bitcoin then. it’s a funny meme now but you can’t blame the guy at all, the coins were almost worthless and nobody even knew what they were
based on some of the comments in this thread, it sounds like some of these people were not even alive in 2010. when bitcoin was fractions of a cent and you held a few thousand when would you sell? when it was at a , , ,000...or when it peaked?
he was super early into it and has plenty. i heard him in an interview talk about it a couple years ago. obviously he could have a ridiculous amount more now.
[he is literally in this thread](
i do not even see it as a sacrifice, he got something out of something that had no value in real world, and gave it a starting value to build on.
> as unfortunate as that kind of trade is in retrospect for laszlo it was literally free pizza. he is not mad about it, he even continued to buy more pizza with his cpu mined bitcoins. he then even released the first gpu miner, and continued to buy pizza with it. then when lightning started he bought more pizza with bitcoin through lightning. just buy and replace.
without it being valuable for trade it is worthless. holding something that is not with anything is worthless.
how is it unfortunate even looking back? in 2010 it was worth a pizza, so he got a pizza with it. if people do not buy or exchange things with crypto, then what is the friggin point of crypto and how will you convince others there is a point to crypto? jesus christ...
like the silk road
by the same token should we not take bitcoin as serious at all now that this is not practical?
if he was into btc 12 years ago, i’m guessing he is probably doing ok right now.
that’s the pizza room.
he did not buy the pizza with btc. it was given to another person, who then ordered the pizza on their behalf **using fiat**. so you're not actually seeing a btc > business transaction there
lol "the dad". his name is right there.
yeah, but it was like, really good pizza.
probably should not have spent it on a pizza
that's right, we gotta pay some real respect to the guy.
we cannot do anything and that is the only thing i know lol.
probably lost his keys
he never told much after that i want to know things too lol.
name - laszlo hanyecz
can agree with ya, it is way better than those others lol.
yeah man, i respect the dude for so many good reasons.
man i am just scared now, cannot see more than this lol.
damn man they are really enjoying that pizza right now lol.
well the shitty topings you get, just like it is showing lol.
anyone who bought pizza in 2010 instead of buying 10,000 bitcoin made the same decision he did
well yeah people are thrashing him without any reason.
i badly want that post, i want to see that now lol, let us contact him.
sprinkled with gold flakes i'm sure.
well yeah they are having shitty pizzas with that money.
i want him to see this comment so bad, it would be relatable.
what do you expect for half a billion dollars?
still the worth of those pizzas are 10k of btc, so amazed.
he says it does not bother him. he mined tens of thousands of btc. and this was not the only time he bought pizza with btc.
we can just swear but we cannot do anything more than that lol.
god bless the guy right now, he have been through a lot lol.
it's may 22 and that is why we are celebrating that shit lol.
damn man, we cannot complain, we have not had that taste.
well yeah we cannot say what was the situation back then.
link? or do you just make shit up?
damn i want to go back in time right now, it is so bad lol.
damn i do not believe that either, it is just not possible lol.
well he did not knew anything about btc back then, we cannot judge lol it's better if we stop judging and laugh at the time mate. it's okay, everyone makes mistakes and it was his mitake.
yeah man, he had a lot of pizzas and that is not good lol.
let's be real,back when this happened no one, except maybe satoshi had any idea how big this would become.
bro it is hurt 10,000 btc =
he obviously has. you should be thanking him. if no one ever spent bitcoin it would be worthless.
yeah. i always see this guy catching a hard time on the internet. i generally feel like it is usually all in good fun. i think he is awesome! i'm almost certain it was not his only 10k bitcoins!
this transaction was literally how bitcoin found it’s starting price. 2 avg. pizzas divided by 10,000 = starting price
he could just as easily buy 10k btc again after they finished eating the pizza, so do not feel he gave up that much
yeah, it is possible that it would have never taken off. or maybe someone else would've done something similar but a lot later and we would still be in sub thousand per btc right now.
i thought about this in a recent askreddit post about what three words would you tell yourself from 10 years ago and someone answered “bitcoin hits 65k”. there’s no way i could tell past me that because i would absolutely buy a shitload of bitcoin and then shoot my mouth off about it and with my luck people would *believe me* and also hodl theirs and it would never be traded for pizza and never become a legit think and therefore never hit 65k therefore undoing what i said to myself, completely destroying the space-time continuum.
it feels way better thinking about it this way. but god damn, nobody needs to kick this guy, hes proberbly never gonna stop doing it himeself
i dont believe this. bitcoin was way ahead of its time. it was going to blow up and catch on eventually
like the time has proved and made us realize what bitcoin actually is and how worthy is that.
laszlo loved bitcoin. he just loved pizza more.
the guy with the green tee is indeed attracting me the most though, he indeed loves pizzas too much.
spot pizza etf coming!
the pizza is inside the stomach and more like it got all flushed out the next morning.
no doubt that this was indeed indeed all due the love he had for pizzas.
*munch* oh no! i'm ruined!
hunger makes everything come out and makes people mind puzzled and confused enough.
he has not taken for the team. he **made** the team. people still do not understand what he did and some idiots even think he was stupid to give away his bitcoin, but it is tiring at some point.
back then people actually wanted to use bitcoin for goods and services, rather than an investment to trade for fiat cash. it's such a shame what it became.
no more than anyone else who did not spend like . if anything the pizza guy is the real hero, providing real-world goods and services for gpu credits.
if only the poor guy only took one for the team...that fu**er took 10,000 for the team lol.
this comment exemplifies why bitcon has not become more widespread. most people do not talk about it as a currency to be used, they treat it like an investment that can make them money.
he took 10000 for for the team, real og.
only idiots ridicule him, and complete morons would go "lol he could have held and be have billions of dollars". they do not understand the significance of this act. he forced btc to the real world.
even more retarded to make fun of it when he himself does not regret it and instead is proud of the fact that he was basically the first bitcoin exchange (albeit the only pair traded was btc-pzza)!
he did not use it as currency. he ~~traded it~~ technically bought someone elses services. he never bought a pizza with btc. the pizza was bought with fiat.
a hard money not controlled by a central government that cannot be inflated to oblivion thus over time holds its value.
a piece of the puzzle not at all worth minimizing or mocking as most tend to do.
i will deliver a pizza anywhere in the world for 10k bitcoin.
hi there. still not rich, still not broke! :-) human rights > fetus rights. don't buy nfts.
it's been a while...
ha! i bet it is on a computer in the dump somewhere.
probably around 5-10. but i can assure you that i would have kept an eye on it and bought back in.
he could have ridiculous amount more but may well be worth fuck-all if he had not started it this way. this is almost like thinking "if satoshi did not interact with anyone else and produced all the blocks on his own computer until now and he would suddenly have 18 million bitcoins all to himself!" like a viable historic alternative.
people just upvote any answer do not they? turns out this was the dudes biggest transaction and he is not a bit coin millionaire as this comment makes you hope he is. also he is in this thread.
are you sure you know the difference between buying and selling?
he probably got 20,000 directly after it lol
that was exactly my point did you read beyond the first few words? 🤨 it is only unfortunate due to how quickly the value of it went up, but it only went up due to these kinds of situations
i know that, i just wanna see those 10k btc moving by the look of it the guy moved a lot of bitcoins back in the day just cannot find this one tx
but if he didnt spend it on pizza, the entire trajectory of the bitcoin ecosystem would be fundamentally altered and imho the value of it would be no where near what it is today.
before he did, the price was . he got free pizza. after the transaction 10k btc was worth about two pizzas.
think about what you just said.
how can we contact him to know these things man lol??
yeah we gotta accept this simple fucking thing for ffs.
we can only just imagine that shit, it is good that it is not happening to us.
well i guess i have to have a taste of it right now lmao.
that's a good thing tho, he is a real cryptocurrency investor.
it's may 8th where i'm at.
as an exercise, calculate the underlying value of an nft or a bitcoin.
back in time to the 1636 tulip craze, where the price of a tulip bulb went through the roof, and then fell again. at least tulip bulbs have some underlying value.
if he and everyone else who spent lots of coins for basic things in the early days decided not to do that and hodl instead, it wouldn't have taken off how it did. it pains us all to think of what we bought when coins were cheap, but you cannot dwell on it. every one of those early purchases demonstrated utility which was necessary for bitcoin to become what it has. or at least that is what i tell myself when i look back on my silk road shenanigans 😂
you got to imagine if he was that comfortable using it and buying it 12 years ago he must of been early to the bitcoin rush of recent years so even if he didn’t have any he must of jumped on the bandwagon early as can be to make some money of if
yeah if had 10k he probably had way more. and seeing they weren't worth much back then, getting 10k more probably was not hard.
my favorite investing mantra is “no one ever lost money taking a profit”… not sure his means of acquiring the 10k btc, but it’s plausible it cost him less than 2 pizzas.
he did not knew what the worth would be in the coming years not his fault though!
united states aproves this measurement scale
yep, without this transaction we would never know btc on what is it today.
somewhat if i would have been at that place i could have died out of a mini heart attack!
look at the guy wearing the green tee i see why the guy used 10k bitcoins to get the pizza.
trading fiat for btc in 2010 wasn’t nearly as easy as it is nowadays
he did it 6 more times. spent about 70,000 btc on pizzas. he was mining most of the coins as he was the first gpu miner.
he looks like a jabroni
yes, maybe he had 50,000 of them
that thought that did not hit his mind well enough that much though, lmao!
there were crypto currency attempts before bitcoin that never took.
as per todays value that would could litreally reached to all on a high level though.
but the fact that we got patience and indeed it is good to look forward in a positive way though.
no doubt about that so he traded 10k bitcoins to that of getting those pizzas!
crazy stuffs seems to be coming all on a rapid way though.
seems like you not the only one who ruined the one who did not hodl are ruined too
and if he believed in btc enough to buy a pizza back then, you better believe he was holding a lot more than that. wonder what became of this guy, probably hard to reach him on his mansion on mars.
i have smoked soooooooo many bitcoins...judging people for using a currency is weird.
your internet hero worship is tiring aswell. he did not knowingly pay hundreds of thousands for a slice of pizza and take one for the team lol
so why are not people using it as a currency, i thought el salvador was supposed to be running it alongside their currency, also what stopped people using it as a currency, do you think people just got into the mindset of it being an investment rather than a currency?
and only 12 years ago. imagine what the next 12 hold in store for us.
seriously you the guy who got 10k bitcoin for the pizzas? what did you do with it?
i understand that most nfts are currently a scam but does that mean the entire idea of nfts will always be just scams? or is there something worthwhile going to be left after all the scams crash and burn? like how the .com bubble crashed and only the good stuff was left?
love your opinions about fetuses. rock on brother.
human rights = fetus rights
human fetuses are humans though🙂
he probably traded it back right away for cash lol
i assumed "this guy" was a reference to the person who obtained the 10,000₿ for the pizza, jerkos, but reading it now again i guess it could also be interpreted as laszlo, the buyer of the pizza. he's also doing ok anyway.
he mined a lot and spend them like you should. he got "free" stuff from his computer generated coins and even invented gpu mining. he is pretty much one of the big ogs of btc. he also bought pizzas with lightning when it came out. i would do the same its just pretty difficult finding merchants that want my crypto
glad to know that there are some sensible people too lol.
bitcoin is not "just like an eft".
i will remember buying my first bitcoin for about . sometimes i cry in the dark thinking about what i could be worth of i had hodld back then like i do now
i was going to put . i don’t think i regret it… 😖 oky a little bit
it's like if you horded all the magic the gathering cards... they wouldn't be worth shit
yeah... sometimes if i want to make myself feel bad, i rough out the current value of those old transactions
at that time very less people had the intention to just keep holding onto their coins.
yeah. that's generally actually how i take profits now days. i usually have something that i want to buy, almost always lol. i'll pull some crypto to buy whatever it is i want. just my way of taking profit. when the price pulls back i'll restart my accumulation regiment. i'm sure he did not even pay for those 10,000 btc. probably mined them on a laptop! fml! i missed out on that one! lol. could've had all of my servers mining btc back then!
how does this convert in the eu?
are you just sure about that like i did not went through all this!
you could easily buy bitcoin using paypal on an exchange called new liberty standard in 2009. when new liberty standard opened, the exchange rate was over 1,300 btc for a dollar.
this guy was the first btc miner to use a gpu... he did not need to buy it.
indeed, you could literally just mine the thing
all you had to do is look on craigslist!
even in 2014 it was a hassle. you had to wire people money or find someone in your area you could trade with.
that is what the major concerning point comes out though.
dude 70k bitcoin on pizzas i would could litreally donate my eyes, that is insane enough.
but none that solved the double spending problem. 😉
and the time when bitcoin actually took all over and is all set at this position though.
all indeed the market is bullish enough though we ought to see some great days ahead.
lol he's been interviewed on tv several times, and he is not even a millionaire. they always ask the questions, "do you regret giving up ,000,000...100,000,000...400,000,000 for a pair of pizzas?" and he always says no, but i'm pretty sure he dies inside every time someone reminds him that his 15 minutes of fame is about being broke. it's like being the revolutionary martyr who dies before peace is achieved...
the true hero here was the pizza joint that was willing to accept bitcoin as payment back then
you do not understand what i say.
yeah that’s probably it, and this guys story probably contributes a lot to it. no one wants to be the guy who bought a couple of pizzas for , so it’s not being used as i think it was intended anymore.
it's really not. if you're not directly paying with it, you never bought anything with it. the person providing the goods. there's no argument that the money the pizzeria received was fiat. therefore it was not paid for in btc.
probably multiplied the cost of the pizzas by 100-1000 or so? i did not sit on it, i bought and sold more bitcoin continually, traded it for other goods and services in the growing economy... i did not realize how much attention the transaction would get until months later, and would have had to sit on the coins for years to be a millionaire. it's nice to dream, but if i was in the mindset of "investment" at the time, i probably would have been buying gold instead of being in the right place to sell a couple pizzas.
the "entire idea" of nfts existed long before blockchains got involved. if you've been to a large-scale concert in the past 20 years you probably had a centralized "nft" in your wristband. blockchain-attached art nfts are not structurally beneficial to individual content creators. i fully believe nfts are part of a working decentralized internet, but if someone expects you to value the word "nft" more than "serial number", it is a scam.
the premise of digital verifiable ownership is not a scam. nfts as a technology truly have ability to shape future endeavors. however, like most new technologies, the initial use may not have much purpose and lacks clear direction. the practical use cases laid out currently involve title ownership (house, car, asset, etc), event tickets, and other use cases. those areas are prime for thisruption as this technology would remove friction and ultimately deliver a better and cheaper product to the consumer. however, current application of nfts involve marketing repetitive digital art to speculators for a higher and higher price. in time you should see practical uses of digital ownership deployed to real markets, however, currently the idea is being bastardized by groups making a quick buck selling jpegs of rocks.
even currently all nfts are not scams. it's just a dumb reddit circlejerk by people who cannot be bothered to learn new things before shitting on them.
i mean 1 bitcoin isnt life changing money (for most) so nothing to be too upset about. now if you had 10+ or 100+ bitcoin, then yeah thats a ouch.
this was my friend last year when he used bitcoin on his hold app to pay for perishable items on shopify. i reminded him recently and he consoles himself with how btc has dipped even lower now lol.
hahaha much of the people regret to their decision of not holding their coins, we can do nothing just can move on.
i had a guy sell me 4 bitcoins for . ' those were the days.
2 average pizzas , let's say in italy that would be 13€.0013 €
they use a fish and chips scale.
pretty good question though that you have put forward.
if i ever get to go back in time or start a new game+ in life i’m going to throw every penny at bitcoin.
but back then people lacked the though of holding and to which they regret now.
anyone know where he is at today?
are you just sure about it then indeed actually where is the guy after all?
that is indeed pretty good idea though so that would have been helpful enough for him.
he gave a fair price for the pizzas at the time. technically, anyone could have bought those 10,000 bitcoin if they wanted to. everyone who never bought bitcoin at the same time lost the same opportunity as he did.
he was one of the very early ogs who had a lot of highly technical thiscussions back and forth with satoshi himself. if he could spend 10,000 btc for pizzas imagine what his stack is. i believe him when he says he doesn’t regret, he made history here. and there is no way those 10,000 btc was all he had. maybe it’s just a small fraction of what he owns.
damn that is crazy how do you simultaneously promote btc as the future and not invest heavily. sheesh
that's not what happened lol
uhh thats not what happened. some dude paid usd for a pizza and this dude transferred bitcoin to him in exchange.
if you say so
using a crypto currency as currency? heretic!
there are a few of us! but i guess i have some gold now too 🤣
oh for sure. i cant stand all the people shitting on crypto. i get it... it sucks that you cant get a gpu. i'm in the same boat. but completely thismissing an entire future tech is as dumb as the dinosaurs who thismissed the internet in the late 90s... sure, you were right that it was a bubble. but you're also a dumbass for not seeing in the long term value
true, though i did have several at one point, around the time 1btc=-300. but then life happened and i had to cash the majority out for fiat. it's one of those things, you know it was the right decision at the time but that does not make it hurt any less viewed through a . i'm still a believer and a hodler though!
that is indeed a needle pinching point though and somewhat gives pain to that specific part of your body.
lmao somewhat did a great job though like help and make him understand what holding actually feels like.
that is huge though as far as concerned to todays time and value though.
it's a great birth, and it is a testament to the value of bitcoin being able to be used to buy physical objects, which is why it exists
fiat and chips... eu... did you miss something in the past decade?
a fish or you have been talking about fiat that got auto corrected into fish.
you can still throw every penny at bitcoin. though you probably want to keep a short term savings in fiat currency for the times when the bitcoin price drops.
really? if you could save information and go back in time, wouldn’t you just write down a handful of winning lottery numbers and dates? seems a lot more effective
pretty high time it feels now too to just keep holding onto the coins and make some good gains!
looks he underground himself and does not wants to come out!
yeah. even if he had like 10010 btc he would be still good.
makes you wonder if he still does not have a stash
this was before all the morons hopped on the bandwagon trying to get rich in their mom's basement to buy a lambos while drawing rocketship emojis.
yeah no you are the dumb ass here. are you really saying that nfts will be same as the internet?
good for you though holding has always turned out to be the best and successful out there for many.
it had to start somewhere
not pretty sure about that like decade you have been indeed talking about i do not remember anything about yesterday.
it was a joke that britain would use fish and chips while america would use pizza to establish a standard value.
yeah. i’ve been investing in bitcoin for a few months now, and today i dropped some cash on it only for it to dip on me 15 minutes later. smdh.
if you are thus concerned more about bitcoin that would be great to think of the long term.
then people will know you won the lottery. if you go back and buy bitcoin people will only know if you tell them. also if you won multiple lotteries they’d find a way to put you in jail
i bet he does and just keeps it secret… he was smart enough to invent gpu mining, there’s no way he doesn’t have a huge stack
first rule of securing bitcoin is not to tell others how much you have.
you had me up until "drawing rocket ship emojis"
he literally did not say that. you cannot twist someone's words like that in an online argument where their words are literally text right above yours bud. people can just glance one inch up and see what you're trying to do.
you know what’s cool though? the amount of sats you own stayed the same.
just keep holding and keep this thought well enough set inside your mind though!
hmm, but what if you went back and time and were broke? gotta catch bitcoin earlier the better … 5 dollars to btc vs the mega millions certain places don’t require you to declare publicly that you won i’m just saying, i’m going back in time and shit, i want to maximize my return lol… and i wouldn’t wait to wait that long
wait what? first time i've heard that, he invented gpu mining?
i believe satoshi invented gpu mining.
i did not wist his words, its literally in his comment that ngts will the next internet.
he could have owned more sats though if he was late by 15 mins.
the fact that it feels like he got a bit less time though he could have accumulated more!
don’t worry, i can hodl. got diamond hands.
i was 18 when bitcoin dropped and i had a job. i could have had the world.
yes it’s literally the guy who said “hey i bet i could code this hash function using gpu and it would crunch 10-100x faster”… and then did it. no fuckin way he doesn’t have a stash bro. homey is set.
he did not, he was actually upset at laszlo (dude in the picture) for doing so lol. at lease according to laszlo.
that's a great plan as long as you never plan to use any of it.
he will get time if the time favors him he would indeed accumulate the sats though!
dude i was trying to buy drugs using btc when it first started... i opened an account but then when i had to set up all info, i gave up. i paid with ach. if i had just done the btc transaction, kept the leftover change in btc (i was annoyed that you had to buy extra because the rate was always changing), i would have had a heaping shit ton of money. oh well at one point, i forgot and thought i had done the btc transaction, so i opened up the account when btc was at like 50k, thinking that if i even had anything in there from 2009 that i’d be extremely happy… yeah, nope, definitely did the ach lol
idk, no one back in 2010 could fathom that bitcoin would be worth what it is today. plenty of people cashed out back in the early 2010's. though i agree i would find it hard to believe he did not keep any if he was mining from the beginning.
whatever they paid that girl for that series of stock photos, it wasnt enough.
so the girl is gpu?
he still drills that anyway
poor woman probably thought she was going to get to go to the gold pits
this is so stupid, but also brilliant at the same time. well done👏
diamond's value in 10 years = -69%. bitcoin's value in 10 years = +42,069%
hey can someone please tell me the name of the subreddit where i can find more like this? i forgot its name and i cant find it
start the day with good meme. happy monday to everyone!
haha yeh… i can relate
like that famous movie where a guy made an extraterrestrial foe dig up diamonds for him, “enemy, mine!”
when can we mine on brains? 🤔
is that the girl from that other meme with the guy checking out another girl? photoshop at its finest lol
i do what i say 😁
hell yeah minings profitable, get to work grrrl
the original was better
clsk, sos. clean mining>any other mining.
it took me way too long to get this. genxer moment i guess.
you dirty fellas i’m in!
anyone else confused as hell
i just want to say. this is the dumbest meme i’ve ever seen. and that’s saying something. dumb.
his wife will be better than china's government trying to crackdown this mining thing. good luck with that.
who's ready to mine his?
thats even better she should be happy
this meme is so boomer i want bitcoin to fail now, congratulations.
lol. now that is quality
can the funds lost at btc or other cryptocurrency be recovered? there are lots of scammers on website claimimh they can recover your scammed cryptocurrency funds. is it possible, which one is reliable. millions thanks!
she should be so lucky!
i usually downvote all memes, but this one was the first funny one i've seen in about a year.
they should turn that girl into an nft
it works pretty automatically so why would you even need her
me but with my computer on cudo miner
have a wonderful week everybody!
dayummmm... that plot twist.
lol you better pay
a glorious picture of bitfarms mining operation. by far the best bitcoin miner in north america!!!!
lolz sucker! (literally) 🤣
it has to suck when you become a highly shared meme and make zero royalties from the use of your likeness.
dude was checking out other women on the street either 10 minutes before or after a proposal? no sure which is worse.
i had no idea it was the same girl until just now seeing them in the side by sides stocks.
she does the job... by hand.
maybe not as mad as she looks
back to you! have a wonderful week everybody
we do the math
and no one will ever think it’s really you on tinder
the original dog from the meme that spawned the coin-which-shall-not-be-named is an even bigger example of this. the owner got zero royalties from the photo which is probably more famous than the mona lisa by now. this injustice was finally corrected this june when she sold an nft of the likeness for . so perhaps the couple in this meme should sell an nft.
haven't some made a buck with nft's?
nft's. in the future, we will be paid for top shelf memes.
decentralised lifestyle is coming.
we know. its all pubic
they be pumping hard
we asked a computer for the answer to the ultimate question.
thanks!! i've been looking for it for quite a bit
tinder’s for losers. this woman is a winner.
yeah, a few meme personalities have leveraged the meme or their popularity.
that'd actually be an interesting social experiment. imagine a site like imgur, except all uploads are tokenized before sharing and available for purchase with the price fluctuating based on the popularity or demand for the meme. if they used the built-in royalty function that some nft chains have you'd be able to collect royalties each time a repost goes up, even if the nft itself changes hands.
i’m not paying for memes, would you?
twitter is already talking about implementing some form of crypto, right? what if it was just social media sites, and reposting a meme had a tiny transaction attached to the act of sharing it? the op then pays a small tax to said social media platform, and boom. no more highly invasive, targeted advertising campaigns. this could go for anything, photos, memes. a good way for aspiring photographers to spread their art as well. ' ifirc, there was an app years ago where users would upload photos, and users would vote via a liking system on other users' photos, and if you got enough likes your library would be "on the front page" of the app, and you could sell pictures to other users if you had enough likes, etc. crypto would make ides like this very, very, very interesting via microtransactions that are easy and highly efficient.
is not there a subreddit that does literally this
no, but i also wouldn't pay for a gif that someone uploaded to an nft site or a randomly generated catémon, and that seems to be awfully popular lately.
lol trust you be paying😉
if you're paying 1, you'd never even notice it unless you're literally the most annoying person on everyone's feed lol
probably, there is a sub for everything.
did you ever pay for any kind of trading cards back in the day? if you collected pokemon cards, imagine the value of that binder today. makes me sick to think about all those cards that i gave to my little brother that he left in some friends closet along the way.
some projects have things like royalties where the act of sharing it would generate a transaction of fractions of a penny. you're not owning the meme, you're paying to share it, an amount you would never notice. unless im incorrect about how that would work?
"welcome to bitcoin bitch "
link to original video please ?
lol chatting to your mate waiting at the bar like, "bro send me that btc" ...an you like, "ya ya ya i'm waitin for the dip"
which wallet do they use?
this seems so surreal! satoshi's dreams are coming true.
can't wait until i hear someone swapping out the shops qr for their own.
soon the most expensive coffee in the world.
"yu can't buy a kup of koffee wif bitcoin"
this is amazing. you do not need a bank account to use this system, which is the biggest point. merchants do not need one, and customers do not need one. because of that, no one has to pay an account monthly fee, unless you are rich enough and can afford to keep a minimum balance, which i do not think . no more nsf fees because of 'accidental' preauthorized debits over the agreed amount. what's that? you can thispute it? sure take some hours out of your affluent lifestyle to call and followup. without a bank, you cannot have a freeze on your account for unknown reasons leaving it up to you to unravel by calling, then presenting yourself in person to prove you are who you say you are to the same bank you've been at for 10 years. if you're rich, sure, you may have the 3 hours to take care of it, and see this as a non-issue. the fees are practically non-existent with lightning, to the point where i believe the government may cover them if using it is official wallet. that means merchants no longer need to pay processors a percentage of their sales. crucially, they do not need to wait days for the payments to 'settle' they can pay employees and suppliers faster. customers do not have to pay debit transaction fees (unless they were rich enough to have a bank account and have the fees covered by keeping some minimum balance) users can send money to their family abroad with the same system with negligible fees, which again may be covered by the government in some cases. all the rent-seeking behavior just does not fit there anymore. industries that spent billions upon billions in getting adoption into their system are now fighting to stay relevant by bashing and shorting the ever living fuck out of bitcoin. frankly though, i would be too if i were one of these parasites. easy street where i just skim the value of your labor if you try to store it, or where i skim some every time you transfer it, is over. there is certainly a war going on. these parasites are fighting hard to keep their old way of life.
with my fat fingers i wouldve prob sent all my satoshis 😬
did the vice reporter just come to el salvador with no bitcoin... and then essentially asked for the poor el salvadorian guy to give him ?
this is the way, next paraguay
you don’t have to stand in line, or go anywhere, or wait in the queue to try to pay your money with bitcoin.
who’s going to el salvador?
2 transactions in 5 seconds...this is the way
hey guys argue about it all you like. it just works.
surreal to see people buying stuff with bitcoin after that was mooted as a concept for so long, feels like nostalgia!
i’d love to visit and pay for everything with btc. soon!
the beauty of decentralization 🚀📈💎
and people still say bitcoin is not suited to be a currency, sheesh
ladies and gentlemen, i present you a glimpse of the near future.
how much was the fees tho
how many satoshis was it?!
dream come true for everyone ❤️❤️
what video is this from?
bitcoin gonna change the financial system!
cofre is always going to taste better when you buy it with btc
don’t ever use a glass as an ice scoop
the central planner fears the decentralized protocol.
and so it begins...this is a big day for bitcoin. the pizza was prob the first legendary thing ever bought with bitcoin, but this may be the most important.
wow that is amazing. i did not think they knew what coffee was
i just want to know what was in the plastic bag?
i’ve been preaching to anyone who will listen. the middle class will all end up in latin america.
very fast and sweet
way better then square cash, cash app. banks, etc. bitcoin is the first step. soon the next generation will come instant and transaction free.
that’s some super watered down cold brew
this is just the beginning 😎 bright future
what about beer???? we need beer not coffee. hahahahahx
so fire!! generations from now are going to be doing some crazy things with bitcoin
that was fucking stupid
i am wondering about the fees…
el salavador will be a great social experiment that will show us the use case for crypto currency. it will also show us it’s financial efficiencies over centralized banks. this is amazing.
wow amazing just like paypal cashapp venmo etc
this is strike using lightning network, it’s not exactly a btc transaction but a layer 2 solution. i’m delighted strike has a foothold, but this is hardly the revolution we are looking for. when the users are on their own lightning nodes then we will be approaching the revolution. currently if strike gets attacked or goes down so does the whole party.
this is revolutionary! crypto will free the people and you want to do all my transactions now in crypto!
so coffee is 10 bucks in el salvador kind of steep huh
how do the locals deal with these narly swings? so i have a bit coin wallet and it’s my savings and it drops 10% in a day or every week for two months in the current market wtf, i don’t get it.
what happens to the miners once the majority of transactions are on lightning network and they are only paid the block reward? are we expecting the block reward will be high enough for miners in 10-20years to pay off expenses and earn enough to keep securing the network?
i'll have a cold brew please - that will be 1.50 - ok here is 1.39 - thank you here is your receipt for your 1.59 cold brew - mmm, this is the best 1.25 cold brew i have ever had.
wouldn't the transfer fee be more than the price of both coffee's mput together?
i was thinking about it and contactless ‘paywave’ using a credit card is the easiest way to pay these days. can you think of a better way?
i get that it is fast and convenient but can anyone educate me on the 2fa and security of things? i like the blockchain tech but it looks as though if your phone were to be stolen then bye-bye all your btc at the same lightning speed?
barista 😻 (if i was younger, single, and lived in el salvador—lol)
lol. good move. now that coffee store just lost, like what, 20 percent since the transaction?
that was a horrible demonstration.
meanwhile the price moved
ok bitcoin recieved, but you still owe me 67. cents, wait i owe you 1.00 now, wait now you owe me 3 ,wait now i owe you 2 wait...and some say he is still trying to pay for his coffee to this day.
how much a coffee cost? probably he paid more in fees that in actual coffee. also do you need to stay in the store until the coffee shop received the money?
it’s like they thiscovered fire
that is not coffee...
people in china who have been using qr codes and wechat to pay like this for the last decade: okay?
so progressive. still jail time for miscarriage there?
i do not understand. isn't bitcoin not meant to be used a cash?
is that literally how long it takes to process the payments? what about the transaction fees?
what wallet are they using? can we use it?
so if i use bitcoin someone will send me !? unlimited coffee with btc
thats gonna be expensive coffee...
when 10 years from now you remember how much you paid for that coffee... pizza night anyone...
do you get paid in bitcoin as well(like from your job)?
wait. so who pays taxes to upkeep the roads, hospitals and schools? only companies and wealthy people. thats crazy...
vice gets high on its own farts
how much did the transfer cost?
they always make it seem more complicated than it should be. ::sigh:: "i have to get my phone out."
buying a coffee with colones is just as easy
did the vice reporter just come to el salvador with no bitcoin... and then essentially asked for the poor el salvadorian guy to give him of bitcoin?
random question here but because bitcoin price is always changing, when that dude sent 10 bucks worth of bitcoin, could it been worth a lot less or more by the time he spent it for the coffee?
i used to see ramen spots in tokyo accepting bitcoin in late 2018. reddit simping for a narcostate and one of the most violent places in earth feels weird af.
this is the answer to the power grip world banks have on the world. down with the elite. power to the people
serious question: if everyone adopts bitcoin does that lead to massive inflation of the us dollar? is bitcoin the poison pill that fucks the dollar? what does that do to the average person who has been told their whole life to save for retirement in dollars?
imagine being in satoshis shoes right now if he’s still alive, how crazy that would be
i'm curious: do prices in btc fluctuate for goods or are they generally consistent?
**10 years from now**: "you would not believe this guy who bought a cup of coffee for 0.0001 bitcoin!"
seems like a pain in the ass
is this the awkward guy from vice? did he switch companies. looks just like him.
so that coffee either cost you ?
are those ice coffee ? what a strange choice.
how does one pay a woman of the night with a bitcoin? asking for a friend.
so if bitcoin hits ,000. will the price of the coffee go down? or will the value of el salvador go up?
hows it any different than paying normally lol
that cold brew cost ?.
like using 10k btc to buy a pizza
that is so amazing! welcome to life made easy!
what’s the point? seems as convenient as paying with cash
yes, yes, yes !!!
i can’t wait until we can all use our favorite coins to do stuff like this anywhere and everywhere!
"welcome to the bitcoin bitch !" should be our bitcoin slogan 💪⚡
so, the unofficial currency of el salvador is now … usd?? smh
ok but… why not just use tigo money? why does it have to be bitcoin?
ah, i see you're a fan of the el salvadorian dream.
what app do i need to use to buy and exchange bitcoins. thanks .
reminds me of the guy who paid with bitcoin for a pizza! turned out to be the most expenisve meal of his life lmao
not sure this payment work. probably a virtual currency, not bitcoin.
it is awesome for the bitcoin system, nakamoto will be award nobel in any time
hey, can i get some bitcoin,,,can’t imagine to be in that world joh! 3cjybjeefghjaaz2sqqnd55qawpzplhpz6
i want to buy a coffee with bitcoin too, want to feel this feeling
what wallet? interesting to know about that
how many sats for a coffee?
that is awesome! the president of el salvador is also in mcontent's new film releasing next month! google mcontent for more!
yesterday you could have bought 2 cups of coffee with the same amount of bitcoin, today you can only buy 1 cup because bitcoin lost half of its value in one day. stable currency yes.
damn almost like wireless chip transactions already exists…
yay after a decade i can finally buy a coffee with 0.00000034 bitcoin instead of just paying in cash it’s so revolutionary guyz
nobody uses the lightning network. if people were to start adopting it en masse, fees would go through the roof. there are better alternatives maxis. bitcoin was a great pioneer but the crypto community needs to move on from it.
this is beyond ridiculous. el salvadoran make ...you are being bamboozled
wow, almost so cheap and easy as with my credit card 😂
only 2 hour wait time and .5 transaction fees (if network is "quiet").
if you see the big picture it is amazing, he is using crypto to do mundane things and sticking it to the man, but on the other hand he probably still there waiting for the transaction to clear and also probably he paid more in fees than in a coffee itself.
coffee . bitcoin fee
why would you exchange an appreciating asset like bitcoin for dirty water that the only benefit it has it is to keep you awake a little longer? how does this correlate with the diamond hands etc etc?
this isn’t an argument, i didn’t say ms-13 didn’t originate from la...try to find some facts on the subject before you make silly comments.
isn't the gas more expensive then the coffee?
don't bitcoin transactions last 2 hours?
almost as practical as paying with a tap...
wow. groundbreaking. can’t figure out why its value is plummeting when people are buying cups of coffee with it in el salvador.
do kidnappers accept bitcoin for ransom payments?
one person sends , then they send ? nope, fees.
doesn’t matter what you do buy coffee or some other stuff free masons runs bitcoin in uk manipulate it i heard that lie on apps saying as bitcoin will 100 and made mistake to buy some crypto and now in trouble all around just lie
this supposed to be more efficient?
the guy seems reluctant while paying he looks like he was thinking "what if this went down? "
wow 2010 is rad!
kinda inconvenient when the price of coffee changes dramatically from hour to hour.
why do not the wallets work contactless? maybe the government should work together with google and apple to make it possible
pretty sure bitcoin price will adjust to become the currency of el salvador😂🤣and become another nation currency.
calling all cashier's! no offense, but it is time to start looking for new jobs.
why is this so big an issue can anyone explain to me.
what happens if they transfer 10 dollars worth of bitcoin and it crashes a couple of hours later does the coffee shop take the loss or who is left holding the bag???
so when you make the payment, is it possible that from time you took out your phone, opened the app, and scanned the qr code, the price of your coffee just changed 12 times? or does the cafe have bitcoin prices that remain fixed?
i was half expecting him to say "i do not have enough" cause the volatility made it jump down by the time they transferred it, lol. (i got constant tickers on coinbase saying "bitcoin up%" basically every day).
screens are hard to see, they just talked about sending, but she did not turn and acknowledge receiving. why is that do you think?
one world currency. one world government. the plan is a success
i am really happy with the fact that bitcoin is being adopted by a country. but i do not understand why, people are being encouraged to spend their bitcoin in el salvador, whereas biggest bitcoin whales are accumulating every single satoshi? bitcoin millionaires. i do understand that satoshi nakamoto introduced bitcoin as a peer-to-peer payment system, but that is not how bitcoin got adopted by majority of people. people own bitcoin to store a value. so i am getting a mixed feeling from this news of bitcoin being used for micro-payments. i believe there are some hidden interests behind these big centralised entities encouraging developing countries to adopt bitcoin as micro-payments.
wondering what that would have cost with network fees
do they use lightning network? what about the high transaction fees?
doesn't it take longer than that for the system to to make sure the blockchain all agrees that this transaction took place? how does the confirmation happen so quickly?
don’t transactions take a few mins to process? how does the merchant make sure they got in normal situations: grocery store, fast food, etc.? also, does the merchant need to manually check the app each time a transaction is done, or is there some sort of payment gateway like credit card readers, that can accept?
too much effort for a such a thing lol
buy high, sell low send it
wonder how much people have to pay in transaction fees with this small payments
"okay, you sent me 10 bucks in bitcoin" is the most concise explanation i have ever seen of why bitcoin is just the latest tech fad.
the most expensive coffee in the world
5 days later the person tells you they have not received it yet
wow it’s like a credit card without cash back .
i'm curious what about the fees required to transact for every transaction?
do you have to wait like 40 minutes before you can leave tho?
can’t wait for my coffee to go from a tall to a grande, then a tall again in like 7 seconds
vool youll get charged 3x the price of the coffee in fees
so it’s okay that that coffee will be worth ?
the bitcoin and el-salvador romance will soon become a cliche,
"thank you for buying me this ! so now i owe you !" "it's on me. it is .8 dollar anyway, no big deal!"
ha! i heard that as well
beach lol. i want to go
the barista is like “i have no idea wtf is going on, i hope i get paid rn”
exactly my thought. altho technically i’ll wait for a high swing!
if you owe him fiat, you’d want to pay him *before* the dip. if you owe him btc, it doesn’t matter what the price is.
but the bitcoin wouldn’t change just by sending bitcoin... so the price is irrelevant.
we are all satoshi
untill the whole world runs on btc and the price reaches unimaginable figures, then satoshi unloads his btc and the mother of all crashes occurs and it destroys the financial system as we know it. cannot wait ^\s
satoshi’s dreams were layer 1. please read the whitepaper.
they came true long ago.
that happens already with fake bank account details and fake pos machines.
i live in india, i literally think everyone is a scammer here, but have never seen a qr code replaced by anyone, everyone here uses qr code to transfer fiat currency for literally everything, even to buy a cigarette which cost 20 cents to restaurants theatres malls upto 1.5kusd. i doubt it will happen over there
that... is incredibly clever. and worrisome lol.
they should just place a big ass sign on the wall that is really hard to replace. maybe also give it a rainbow background, or whichever color (as long as that does not mess with the qr code) for an extra layer of security to ensure that customers send it to the right wallet
you’ll see this process work with flexa
qr codes are everywhere in china, paying with wechat. blows my mind we do not already have qr codes in the us
yeah, that is my question. are purchases in a set quantity of bitcoin or are they a dollar equivalent? how often do prices change and how exposed are merchants and consumers to volatility?
following that rational, all the fiat you did not convert into btc are the most expensive fiat you ever had.
i have smoked some fking eeeexpensive herbs in my time
he didn’t have funds in his account. he would’ve had to show the true way strike works which is pulling fiat from your bank account. congrats on staying in the system. bitcoin’s own technology is not built to scale. please read your own whitepaper.
only thing is with the volatility of btc who wants to use it for daily transactions? i won’t be keeping money in an account meant for spending btc cause one day i may think i’ll go tomorrow and buy food and the next day have less money to do so.
only took more than a decade to achieve congrats 🤣
no retailer i go to accepts btc, i cannot think of a single one. btc needs to be on square.
we've came a long way from that point. old days 💪
you mention a lot of positive aspects and they are true but there are potential negatives as well. the same lack of a centralized organization (a bank) means when someone has an issue they may be unable to reach out to anyone to seek help. also the large fluctuations that btc currently experiences could be detrimental to those who rely on it for their primary currency, most of us are invested in btc with extra funds that if devalued would suck and maybe even hurt but unlikely to mean you can’t afford to buy groceries. i like that crypto is becoming more adopted but i don’t want to see it sold as a utopia with no possible issues.
accounts have monthly fees in el salvador? that sucks
lot of work and risk to avoid a monthly fee that is basically nominal
except the guy is staff showing off bitcoin beach?
why do you think the local is poor?
yes, essentially for the purpose of showing the liquidity of btc.
this “poor” guy is very well traveled in fact. he’s spent a lot of time in italy and other european countries. i know him from one of my surf vacations to el zonte. very humble and down to earth individual.
been there, it’s nice. overall 7. would go on vacation again
is this the new hot fud on the streets? been seeing a huge influx of altcoin shills flooding the comments section with this and pretending ln does not exist.
what altcoin you shilling? you forgot to add it to the end of your comment
so does a credit card. only difference is with a credit card you can get back money if a mistake is made. and points!
it won’t if it keeps growing
it’s so revolutionary, right. as if cash and a credit card didn’t already achieve this.
china has had this via wechat and alipay for more than 7~8 years.
i wonder how much visa and mastercard are afraid of this new way of doing a financial transaction.
if it was strike app then fractions of a penny
probably 0.00000001 to 0.00000005 bitcoin if i had to take a guess.
no idea, i'm guessing it is some coffee ingredient?
lightning network it is real it works and fees are fraction of a penny.
have you never heard of lightning layer? there may as well be none.
1-3 satoshis from what i’ve seen!
i believe lightning channels have a 1 satoshi fee
all you crypto people will get to learn while salvadorans are left in ever worse poverty than before! this is amazing!
not that big a deal. the store can still withdraw the thousands of transactions at the end of the day to an off chain wallet for just 1 transaction fee. the common people in this country do not have access to mortgages and have to save everything in cash. these people can still move significant funds off chain so they can save up for their homes, save up to start their businesses, save up for their childrens future etc without losing 10% to usds inflation. they only have to put down on custodial ln what they need to spend for the week or the month so they can make 100s of transactions like these per month without fees. the problem at financial crisis haircuts of bank accounts is not that governements take away peoples coffee money but that they take away peoples decades worth of savings.
> it’s not exactly a btc transaction a lightning channel is literally a bitcoin smart-contract transaction. > strike gets attacked you do not understand what is being done here.
he sent him 10 bucks, but we dont know if the coffee costed that much because they did not mention it
the price of coffee was never mentioned.
some hodl, some exchange to fiat
swings does not matter in currency when it comes to daily use. do you care how much usd swings against eur when you buy your groceries. in larger context it will matter to suppliers, whole sellers, exporters and importers but for average person it is simply a unit of measure for a product or services they purchasing .
when everybody transacts in bitcoin then it does not matter what it is value compared to fiat is.
like others have said it does not matter if it is a set quantity of bitcoin, but the real problem comes when someone actually has to convert it. i'm curious how far up the chain that is, is it just imported goods that have to be bought with a dollar equivalent of bitcoin? or do wholesalers in the country adjust their prices on a daily basis? someone in el salvador is exposed to the volatility of bitcoin it is just a question of how widespread that risk is.
even if the majority of everyday small transactions happen on lightning, there will still be plenty of demand for base blockchain transactions because lightning is not well suited for transactions that are over 1 btc in size.
the more payment options that bitcoin provides in terms of 2nd layers, sidechains, 3rd party payment services like paypal, bitcoin banks and national currencies pegged to bitcoin, the more value a final settlement on the main chain becomes. the main chain provides the security equivalent of armies transporting gold from one part of the world to another and the finality and irreversibility of the settlement makes it ideal for final settlements between banks, major businesses and nation states. not to mention the creation of a lightning node. onboarding billions of people to lightning alone is enough to eat up all the blockspace for decades and is not a realistic scenario. the fees are only going to go up in the coming years, likely exponentially.
no, this is the lightning network so the fees are almost zero usually around one satoshi per transaction
been doing this for years. i do not get the hype around how fast they pay with bitcoin, it is just my normal pay speed.
you should think of a lightning wallet as carrying cash in your pocket (don’t take your life savings to the pub). hardware storage is your bank account. if you’re stupid rich you can use custodial services to look after your bitcoin if you don’t trust yourself to keep them safe.
some ln wallets i have installed are secured by a pin. if you get your phone stolen, you can use your wallet seed phrase on another phone. as others have pointed out, carrying around too much money on your smartphone is not very sensible. you might have a smartphone wallet that you periodically fill up with an ln transaction from your ln house safe wallet, which you fill up via earnings or from your offline bitcoin wallet.
by that logic if your house get robbed then its bye bye all your usd.
how? they can chose to convert immediately to fiat (no risk of loss due to price decrease). strike over lightning means pretty much no fees (no risk of loss due to transaction fees).
some custodial bitcoin ln wallets allow you to hold usd or eur. when you pay a ln invoice or want to send bitcoin to a bitcoin address, they show you how much usd or eur it will cost and deduct them from your usd. this removes the problem of price fluctuations until bitcoin arrives at its real price.
wouldn’t matter right bc they measure the value of btc rather than the usd equivalent of btc.
they are using lightning network, so the bitcoin transactions are instantly settled and have negligible fees.
its cold brew coffee
ok, how does the ccp feel about your purchase of a book about democracy advocacy 5 years ago? that info and anything slightly anti ccp can be brought up anytime in the future if they ever have a problem with you.
nope. strike is on lightning, pretty much free.
it does not make sense to optimize the base blockchain layer for cash, but second layer protocols like lightning which is used in the video, make it possible.
bitcoin is meant to be used for payments. and paying for pizza, coffee or beer has always been one of the most important use cases. the word "cash" has some controversy attached, since it is a part of marketing slogans used by certain aggressively promoted altcoins.
yes, this is how fast bitcoin payments on lightning network are. and the fees are negligible, like 1-3 satoshi's (less than 1).
bitcoin beach, but its only available in el salvador
not sure for other parts of el salvador but in bitcoin beach you do
it wasn’t until the beginning of the 20th century that americans paid any taxes
probably around 1 to 3 satoshi's (less than a fraction of a cent).
the dollar is going to inflate regardless of bitcoin. average people do not save for retirement using dollars, they buy assets.
actually, this video shows why you do not need any altcoins.
this is lightning network so the fees are around 1 or 2 satoshis
they did an instant bitcoin transaction over lightning network.
you could buy stuff pretty much from day 1. the revolutionary thing here is it’s being done in a country where btc is legal tender. that’s new and if you don’t get the significance of it, that’s your problem.
more adoption of lightning means there will be many more channels and many more routing options, keeping fees negligible. i'm willing to bet there is more usage of bitcoin lightning network than your favorite shitcoin.
why 10 minutes? lightning is immediate. maybe people left the coffee shop so they could film the transaction, or more likely they waited till it was quiet to film maybe the start…….
you should do your homework - looking a little silly here with that comment.
merchants pay fees to credit card companies (often a monthly fee plus transactional fees between 1-3%). all merchants recoup their costs from their customers in the prices they charge. strike over lightning eliminates nearly all those fees entirely.
cool story, but the majority of the people in el salvador do not have access to cards or banking, but they do have cheap smartphones that can permissionlessly run bitcoin wallets.
or... you know, this is the lightning network
and get your privacy invaded with every flick.
they did the bitcoin transaction over lightning network, so no. the fees are negligible and it is instantly settled.
no, bitcoin transactions on the lightning network are instant. and the fees are negligible.
transaction fees are less than a tenth of a cent when using the second layer protocol called the lightning network.
coffee shop has option of automatically converting to usd. if they choose btc, they take on the risk if it crashes. they take the gains if it moons
they did the bitcoin transaction on lightning network, so it is likely only 1-3 satoshi's for the fee.
yes, they are using lightning so fees are negligible.
salvadorans use a second layer bitcoin payment protocol called the lightning network so transaction so transactions are instant and there are no confirmations. ln bitcoin transaction fees also cost less than .01 worth of bitcoin.
they're doing bitcoin transactions over lightning network, so it settles instantly. the payment gateway is probably the merchant's wallet app.
they're doing bitcoin transactions over lightning network, so it settles instantly.
they're using lightning network to do the bitcoin transactions, so the fees are extremely cheap, around 1-3 satoshi's (less than a fraction of one cent).
it's lightning network. instant confirmation less than a penny in fees.
strike = lightning = nearly zero fees (1 sat)
the problem is when you lay on your beach towel it starts immediately flying you to the moon
lightning network is a layer 2 solution where you can basically deposit some bitcoin once with a full bitcoin transaction (), then use it for under 1 cent for each transaction after the initial deposit.
lol that’s what i was thinking. the coffee better be the best one out there if i am paying .
damn that was quick. :d
normally, a person would only agree to trade a certain amount of currency & whatever that translates into btc is what you would receive. highs and lows are irrelevant. only when you're investing do those patterns become important.
but on the flipside of this is she going to charge the same amount of bitcoin all day? sometimes her coffee will be 2$.
what sucks is it is only available in el salvador
they used the bitcoin beach wallet.
i highly doubt satoshi is going to all the sudden one day going to try to dump 30 billion dollars worth of bitcoin after not having touched it in bitcoin over a decade. it would totally flood the market since there wouldn’t be enough buyers at the time. if satoshi was going to sell, they would probably exchange it off markets. that or only sell a small-ish amount on the exchange to say “i’m still here”(0.69420 btc) to emphasize hodl.
if the whole world runs on bitcoin how would you even “unload” it hahaha
right after that usdt rug gets pulled.
somebody is a calculated queef sniffer
the biggest bitcoin wallet has almost 300,000 coins. that’s a lot but is that enough to crash the market….? that’s less than what’s mined in a year currently.
fuck don’t even try then huh? nah fuck that. chin up kiddo
people in this reddit do not seem to know what \s means. lol take my upvote.
that's pretty interesting. now i'm curious why it is not occuring.
you fill your wallet with a fiat dollar amount, say .00. less than a minute later, you buy a .00 coffee. you now have .00 worth of btc (whatever the price is in that single minute), and the coffee shop has the same amount of btc. whatever happens to the price afterwards has absolutely no bearing on the coffee transaction that just happened, because you paid for it in fiat using btc as a tool of transfer.
in el salvador usd stays legal tender alongside bitcoin. there will be a state sponsored app to access the bitcoin network, but bitcoin is an open and other apps can be used. according to the regulation, merchants have to accept bitcoin, but can choose to receive dollars (or any split between usd&btc) through the app.
would love to know the answer to this as well!
i purchased a domain name renewal for 0.5btc at one point. you can imagine my thismay now.
volatility of bitcoin, of which the upside is unlimited, pales in comparison to the inevitability of 2+% fiat inflation yr. and that’s before mentioning that el salvador has completely admonished remittance fees.
this is the correct answer. the lost profit opportunity is gone either way. in line with dr2respect's reasoning (with all due respect, pun intended), no one should ever buy anything because that fiat could have been used instead to buy bitcoin and hodl, so as you articulate, it is the most expensive fiat ever.
you're all over this thread shitting on people and throwing the "read the whitepaper" crap around. wtf is your problem bro?
the opposite is also true. i was testing an ln wallet a couple years ago that i only put . bitcoin is volatile sometimes. we get it. the ironic thing is that you're here complaining about bitcoin volatility yet your profile reveals you're shilling xrp, a fully centralized unlimited supply shitcoin that is down 83% from its ath.
you’re ignorance is showing
not bitcoin's fault 🙄
you can spend btc anywhere that accepts mastercard or visa. cdc card, coinbase card, blockfi card, etc.
it’s coming….they just want to make it work correctly with lightning while not being fully custodial
nope. they’re not using bitcoin l1 directly, but the ln on layer 2. practically 0 transaction fees and instant settlements.
pretty standard in the u.s., it’s not common where you’re at?
i knew someone would ask this question. last i heard , the yearly salary in el salvador is ,000. i watched the full video and the local was hired from the community by bitcoin beach . it is a safe assumption that if you are a local in this community or el salvador as a whole, you would be poor. the vast majority of people in el salvador are economically poor. this is not even debatable. secondly, since the local comes from a community with wooden huts, as can be seen in the background from the video, that narrows down the high possibility this guy is poor. thirdly, he works either for bitcoin beach or strike. i am not sure which, one of them. an effective business model is paying someone for the value they produce. since the majority, if not all people in this wood hut village are poor (this is a safe assumption based of what is known about el salvador and from footage of the video), the local wouldn't exactly be producing a lot of value for strike . it is not that he is not smart enough or unskilled, it is because the $. the infrastructure, economy, people with money is not there like it is in metropolitan area in east asia or the u.s. since he cannot produce enough value to justify a salary of ,000 (i think this is the median salary in the u.s.) then that further solidifies the view that this local is poor. it wouldn't make sense for the company to pay him more than , considering the average salary is ,000 and he cannot feasibly produce enough value to suggest a salary which is more than twice the average, given his surroundings. if you watch the full video, a woman says that she "lost " due to bitcoin. she said this was alot, it was almost heartbreaking honestly. based off these facts, we can safely assume the local is poor. there of course is the incredibly small percentage of a chance that he is rich... but then it wouldn't make sense that he is a strike . it would make far more sense if he at least lived in a suburb of the biggest city in el salvador, or the more likely scenario, not live in el salvador.
no, this was clearly staff showing it off
yup. way too many
which ones are the inaccurate assumptions?
i found it to be a perfect 5
lol i’m not behind on any coins sooo no comment
those points stuff are scams lol . if a mistake is made then send the money back an pay again simple .
for us in first world countries it may not be revolutionary. but most people did not have a means of digital payments. almost all transactions were cash. this is definitely revolutionary
what’s new is that a sovereign nation made it legal tender and is actually pushing for its adoption by its people.
you could not, the lightning network did not exist.
oh shit i didn’t know el salvador made bitcoin legal tender 5 years ago.
they did not achieve an instant peer to peer payment system. you have some things to learn about what crypto is.
with a decentralized cryptocurrency? that's cool. i had not heard of that.
they’ve had the same interaction but the networks are fundamentally different.
you got a app name?
what app do i have to use to get such fees?
dont you need to lock amount of bitcoin to use it in advance? how long does the finality take?
i heard about it but never used it. that’s why i am curious
can anyone suggest me a paper or a link where security aspects and fees are described?
where does the fee go to?
and if they prosper from this? also, just because bitcoin is legal tender does not mean it’s the only legal tender. they can still use whatever currency they normally use. so if they were scared to use crypto we would find out why, thus improving its functionality. if they are not scared, and they use it, we will find the efficiencies in crypto as a legal tender. hope this helped you understand this concept a little bit better.
after paying their employees and suppliers for the day, no reason to bring money out of lightning that you could spend in lightning. probably only doing a withdrawal every couple weeks into long term cold storage, if at all.
it’s not being settled in real time on any btc node, tx are being held in smart contracts until some predetermined time and then batch settled in a btc utxo. what am i missing? straight btc transactions take minimum 10 minutes to confirm and it’s good practice to wait for 6 blocks to consider a tx secure. that’s 60 minutes. these instantly settled lightning tx are not what you think they are.
so you seriously think sellers etc won’t blink an eye, and won’t raise prices if currency value goes down? uhhh
ah, i see now. so if i have 10,000 satoshis i have 10,000 satoshis and i don’t give a shit how many us dollars that equals. 💡 hadn’t considered.
doesn’t it matter a lot when it comes to macroeconomics though? like a lot a lot.
good thing your misunderstanding would not stand in the way of it happening. for example 1 transaction can create thousands of funded lightning wallets, but i'm sure you do not let facts get in your way.
iphones do that by default. if your phone is unlocked just place it on the contact pad and it’ll go. no need to have it open
instant settlement for the seller though, unlike the normal system
you do not get it? millions of people without access to bank accounts or credit cards can now enjoy paying for things instantly? you do not get it?
because its using bitcoin and not central bank coins.
a hard wallet would be more than a months worth of salary. the average salvadorian will need to interact with the governments app and use a hot wallet
yes, you almost understood my point. if your house does get robbed then things would be gone indeed. just so that does not happen, there are locks and security measures installed. security personnel hired and so on. referring to the video above, the transaction seems to take place without any of those. log in to an app and do the payment, that is pretty much it. correct? if so. this seems to be a standard for all apps. banks also have instant payment methods. i'm just trying to learn the uniqueness of all the transactions made using btc. i understand that btc is decentralized etc, it is good, more power to the people, etc. but why making these basic transactions of buying a coffee or paying an electricity bill being posted like nothing of this capacity has ever been done before?
at what point in the chain of currency exchange for goods are prices set to the dollar equivalent of bitcoin, versus a set quantity of bitcoin? wherever that exchange happens is where the risk is in the system.
so it’s like they dca. more transactions in time create support.
true! i was being cheeky. the thing is how do you price something in btc though? like if you want to convert btc for something you want to buy outside the ecosystem then it becomes a problem. at heart i love the new direction!
he said cold brew… like beer. not coffee. who the hell deinks coffee out of a beer glass?!
so then why is the video entirely focussed on the qr code and ease and speed of transfer? lol
isn't the strike app (which is the wallet he is using) a custodian wallet which is a centralized 3rd party?
okay? i'm talking about the tech, not anyone's political beliefs.
how is this related with his statement? also qr code payments have been around for years outside china too
so you agree. he should of just used btc? why did not he?
ah...oh well. good for them tho!
> it wasn’t until the beginning of the 20th century that americans paid any **income** taxes americans have paid taxes since the very beginning. property and sales taxes were already a thing, and excise taxes and import tariffs were a much more important source of revenue (and were much higher, relatively speaking) than they are today. the federal goverment largely ran on tariff revenue and it was a perennial political issue.
not true, every product sold or transported has a tax on it, thats what pay for everything. income tax is a scam that only pays for the interest on the fed debt.
what happens to the dollar if its no longer the fiat currency for oil?
it does not show that the transaction actually takes over 20 mins alt coin brings down that tims
interesting. wonder how this ties into and affects miners.
so if bitcoin is legalized from the government, doesn’t that make it the same as fiat? why exactly is this any different than cash or a credit card?
yes, you are right, btc has some value for third world countries, not really relevant for me
most people do not have big data plans... so there is that as well... or drinking water... but hey btc!
lightning network isnt bitcoin, its an iou that has to be settled on chain later... where the fees nuke your balance...if you even have enough. plus it opens up double spends by destroying zero conf with rbf.
there are no confirmations? isn't that a liability? doesn't it defeat the whole purpose of the blockchain?
i cannot believe that here on the bitcoin sub we still have to explain this
currently ? but i see in the mempool that 1 sat. if i take the number of unspent inputs as 1 and the number of outputs as 2 that gives about 0.07 usd and not . and thats for a legacy not segwit or native segwit which would be even less by 30 to 40%. what am i missing ? are my calculations wrong ?
is it possible to buy lightning directly with fiat or another crypto like doge without having to buy on chain btc?
lightning network. they probably paid 1.
they are using ln. probably custodial so no need for any fees and at the end of the day the store can withdraw all of their days earnings onto their off chain wallet for a single transaction fee.
i used bitcoin to buy ssds. a few years ago on a site that allowed you to send btc and they would purchase stuff for u. now if i just held them they the btc i soent would be worth a little 20grand if i just hodled them. oh well.
quicker than a btc block.
but how do you get enough btc to pay off your bills?
use strike. same company. bitcoin beach is the wallet the venezuelan government created with strike for their citizens.
>except craig wright. 💪❤
satoshi moving even a tiny amount from his dormant wallet would crash the market and cause mass panic
if im him that exactly something i'd do. sell the top buy the bottom
once bitcoin becomes the standard...what fiat would he sell it for? his assets would lose value as soon as he sold the coins. unless the goal is to become the world's first trillionaire lol
explain why 0.69420 btc
i've been seeing this recently and do not understand. mind explaining what you mean?
people can control hundreds of wallet addresses. most people i know of do not put all their bitcoin in 1 address
dont give them ideas now lol.
shopkeeper would notice within a short span when there were no transactions even though they had made sales. i would estimate a max of 1 day before that was noticed.
i'm sure they can have a screen with their wallet thisplay and instantly see if they are not receiving funds.
will only take one . hardly worth the paper to print it on.
fair enough, is the working assumption that all transactions are done in the usd equivalent of btc in the moment? and if so, what makes this system any better that the other phone-based wallet systems out there that are not btc related?
unless the business does not immediately convert it back into fiat...because then they might have the equivalent of 50 cents or 20 dollars in bitcoin. so why does this keep getting posted like it is some big game changer? it does not really look more convenient than apple pay or tapping a visa.
so, they are still sort of using the american dollar. their prices are pegged to it, just they are not actually using it i guess is more accurate.
not sure how reading a whitepaper is antagonistic. i thought this was a cryptocurrency forum. unbanking the unbanked with a bank is the antithesis of the primary thesis of the whitepaper.
probably would be a good idea to promote those more. this is the first i've heard of them.
it's el salvador, not salvadore
as someone who spent quite some time in el salvador, i can confirm that your information is accurate, many people survive on ~300. the country is quite known in the us for its illegal immigrants. while some of them run from the gang violence, many run from the extreme poverty. el salvador also has a lot of international debts. the bitcoin thing is one of many populist moves of the new president. i'm not sure if all people hyped about it understand the context. when i heard about it for the first time, i thought it was a joke.
you know this is tv right? like there is a camera, productions crew etc? obviously they hired and paid a local person and said 'take us to a coffee place and show us how bitcoin works.' they would of paid him way more then .
you do know he, right? for his time etc? and even for the , maybe in cash. why are you assuming otherwise? vice ain’t poor.
thanks for sharing your thought process on your conclusion to describe the man as poor. i think we have a different definition of the word poor. you compare him to a different country and since in terms of income he earns less and in term of physical wealth like the house he probably lives in you label him as poor. following that logic i would also be poor coming from germany where the median income is lower than in the us and like many people in the city i do not own a csr even though i would never think of myself as poor. i get where you are coming from though. thank you for giving more context from the whole video. just based of the short clip there was not enough there for me to come to a conclusion on this man's material wealth. still i would not describe him as poor since he might be doing just fine compared to most people in his region, maybe better than the norm. there are also more factors in my mind when it comes to wealth. maybe he loves his work. maybe he has a very loving family, possibly children he cares loves a lot. maybe he is strongly established in a religion or spiritual practice that enriches his life. again i understand where you are coming from, just wanted to expand on the relativity of wealth. i try not to label people so quickly. i wouldn't want others to think i am poor just because i do not own a mansion and 5 cars for example :d finally, since this a tv production i'm sure the guy did not have to pay this out of his own pocket 😇
so many assumptions haha, as if making a livable wage was impossible. he speaks english and works at a fintech. even if he was not paid an exorbitant salary, living costs in el salvador are much lower.
am i dumb or does it literally say the guy is bitcoin beach staff? they probably do this all the time
it’s an old reference but it checks out
very niche reference, nice.
tons of altcoins have achieved this but all have the fatal flaw of not being bitcoin. no coin is as secure and decentralized. what's wrong with the l2 solution if it inherits all the benefits of the bitcoin network while allowing instant and cheap transactions? i'm legit wondering because i have not seen any besides the need for an internet connection.
sadly i am not familiar with digibyte so i cannot explain while making references to what they are doing. i'll try to make it clear anyway: regardless of the cryptocurrency you find most attractive, broadcasting a transaction to every participant as most l1 solutions do it is hardly efficient. if you look at the landscape right now, most transactions are done on broken l2 solutions, i.e. centralized exchanges where they pretend that you hold x of token y, exchangeable for the real cryptocurrency as long as they are not hacked or run away with your tokens. so everybody already has "l2", and bitcoin is just trying to implement a more reasonable version of it. many bitcoin developers and users also think that it is important that you retain sole control over your coins (and keys). additionally, they think that it is important that the block reward will stay reasonable in the future. as bitcoin is capped at nearly 21 million coins, that means that the transaction fees will have to make up a good portion of this reward. without a reward, bitcoin might be insecure because mining is not incentivized enough. this, combined with the inefficiency of broadcasting every single transaction to everybody else, creates the necessity for some sort of "fee market" for bitcoin transactions. but as it is essentially free to mine a block with many more transactions, a block limit that is too high (5mb? 10mb? 100mb? 1gb? 10gb?) will stop anybody from paying more than the minimum. on the other hand, a block limit that is too low has a chance to hamper the network. a good l2 might solve some of these problems without introducing new, worse problems. this probably looks a bit incoherent, but it is my attempt to explain the views of bitcoin maximalists and people actually working day-in day-out on these solutions. they might not be right, but i think they give good reasons for what they believe, including some scientific papers on blockchain scalability.
>if a mistake is made then send the money back an pay again simple . how the fuck do you send crypto back to your account?
so it is great that the government is pushing for adoption of this rather than enabling the tech we've had for the last decade and they just did not want to happen?
china has had this type of instant digital payment for more than five years now...
duck no, china does not do stuff that improves privacy
does it matter to the average person? average person in el salvador is quite poor. they do not care what they are using.
whichever app you want that utilizes the lightning network. they used bitcoin beach wallet in this video.
> lock you do not lock anything. you free up bitcoin for instant transactions.
in a way. you send your bitcoin to the 2nd layer lightning network, which is an on chain transaction. it does not "lock it up", but it does take another on chain transaction to send it to an address that is not using lightning. but it is already true that any transaction needs an on chain transaction to send bitcoin. it's similar to sending your bitcoin to an exchange. if you make a lot of trades, those are not using on chain transactions. similarly your bitcoin is not "locked" on the exchange.
most transactions i do have a 3 sat fee. the most expensive one was like 15 sats
i think people focus to much on the technicals with ln and miss the social solutions to what they perceive as technical problems. for example people say that **you** have to open a lightning channel(the smart contract) on the main layer which is prohibitively expensive to poor people. but that’s incorrect. **someone** has to open that channel, not **you**. nothing stopping someone from doing a large transaction on the main layer and using it to supply thousands of peoples lightning channels, say a exchange or a employer.
joseph poon coauthored original white paper. google it. forgot other guys name but jason poon is easy to remember. i can dig it up later if you cannot find
theoretically fees are paid to lightning node operator to open the channel and then again to close the channel.
you probably already know that with lightning network, many people have a channel opened to another person, and they can move their bitcoin in the channel to the other person. when the "network" part of ln is used, your payment is routed over many such channels trustlessly, until it arrives where you wanted it to go. the fees are deducted when you client decides that it wants to use a certain route: say you want to send 1000 satoshi, and you send over three hops (you -> person a -> person b -> receiver). in this case, one of the people you have a channel opened with will demand 1003 satoshi to clear the sending of 1000 satoshi to "receiver". they know someone (person b) who demands 1002 satoshi. and person b finally sends 1000 satoshi to "receiver". the fees are implicit: person a received one satoshi in fees (1003 - 1002), and person b received two satoshi more (1002 - 1000). and through cryptographic magic, this all happens at basically the same time, so "person a" does not have to fear "person b" suddenly dropping off the network because all the offline transactions that make this happen clear at the same time. ln wallets usually let you enter an amount to send to the receiver, and as long as the fee is within a certain spectrum, they will automatically accept an offer to route the payment. so you accept to send a payment of 1000 satoshi, and if another party asks for 1100 satoshi, it declines, but if another party wants 1003 satoshi, your wallet accepts it. you can usually set the maximum fee yourself.
what will happen is dollars will leave the country, leaving it with no physical currency. good luck then using crypto with a population that has no widespread internet access or is very tech savvy. i do not think crypto is bad a priori, i just think there were other economic structural issues to attend before introducing bitcoin as legal tender. in case you doubt this scenario, it has happened before. law states that both colon and dollars are legal tender in the country. colon is practically useless now as it was overtaken by the dollar, which most of the population neither wanted nor were consulted before its implementation. gresham's law rears its ugly head.
sadly true. people do not save that often. most people could get by with 1 withdrawal to savings every month. but at least these life changing savings will not be diluted by a foreign government every year and will be off chain so absolutely not confiscatable by anyone. that is a pretty sweet deal.
do you know how visa works? i swipe my card at a coffee shop, and they get the money in 3 to 5 days….i’ll take the btc in 60 minutes.
> it’s not being settled in real time on any btc node for years the shitcoin shills have been saying "muh bitcoin dunt do smarz-contakz", and as soon as it is demonstrated that that is exactly what a lightning channel is, we hear "but muh liting is not chane txn".
you are absolutely correct as much as people don’t want to hear it... that’s why flexa was created and it settles the merchant in any currency they’d like while the transaction is collateralized by amp
the 6 block rule makes sense if you're transferring large sums. for anything as small as a cup of coffee you can trust when your wallet app confirms the tx (a few seconds) that you are paid. the chances of that tx failing after that point are quite small. *i am parroting a response andreas p gave when asked this exact question
it's actually being settled on the bitcoin nodes that maintain the lightning channels that were involved in that transaction. i do not think strike let us you manage your own lightning channels, but there are lightning wallets that do enable you to do that. if you have a non custodial lightning wallet, there is no point in waiting for any confirmations after your wallet has channels set up.
that's the goal. also if your whole country used btc and everyone had btc if the price of btc goes up against usd everyone now is richer so they will want more usd for their services and products but if the price of btc goes down everyone now wants less usd for their services and products. now if your neighbouring countries all have btc and eventually if most people in the world have btc you really dont need to cafe about the fluctuations.
you were still correct the first time. i may not care if the dollar changes if i’m spending euros…but if the euro dropped by half and the dollar didn’t i would still be aware that goods cost more because more goods are being traded with dollar payments. it matters even more when you’re poor. this bitcoin beach is a great experiment and i can’t wait to see how normal everyday people figure out ways to use it that were not intended. people are creative.
overload the lightning network? could you explain more? i do not think the terms you are using have any broadly accepted definition. you cannot force me to do anything with my lightning channels, and the worst case for me would be a mostly one-sided balance in all of them, which is not fatal and can be worked around.
i guess bitcoin blows up and everyone dies. at least i think i saw that on the news once, so it must be true.
how exactly would it get "overloaded"? lightning is a full reserve system, so if there is the much volume, then that means that much was put into lightning.
subtle difference that is difficult to realize the immense importance of. most restaurants in the state do not get friday, saturday and sunday cc payments in their account until monday or tuesday. that's a big deal for a low margin industry.
yeah it is pretty obvious that 99.9% of people do not understand how transactions actually work. i never realized they did not until very recently. on it is face, sure, transacting this way with lightning seems identical to using venmo or paypal or whatever. but the difference is enormous.
cut them some slack. it's hard to imagine being poor, when you've only ever lived in a rich country. just a mild case of affluenza
my comment was a specific reply to the other posters question - not a recommendation for the people of el salvador, who as you say will be fine with the governments app (although 70 bucks is more like a couple of days salary than a month, average annual salary is 4k).
this will only be necessary until bitcoin has arrived at its true price. losing 2% of buying power per year is normal for most big fiat currencies, and people just accept that for the most part. if i had to throw out a guess i think that after the hyper-bitcoinization we are probably looking at 2% more buying power per bitcoin per year. if bitcoin only fluctuates a few 0.0x% per day, nobody will care and just hold bitcoin instead of immediately exchanging for a more short-term stable currency.
they get to choose when that happens. it is incorrect to say they lose straight away.
yeah, you 'average out' over all your purchases. but you do not end up with bitcoin in your wallet if you only pay other people with the app ;) some of these wallet providers even advertise it for dca: just create your own ln, deducting usd. if you do that every day, you are dcaing. one app i've tried even automates this process, so you can enter an amount that will be bought every day or week. they seem to have a worse exchange rate for bitcoin, though. if i compare their prices to some exchanges, they are nearly 2% more expensive than buying some satoshi on a larger exchange.
do not they have an option to settle in dollar almost instantly? if they do not believe in btc value and wanna keep dollar, they can. someone who knows perhaps could clarify
if you travel to china you might have a "low social credit score" which prevents you from paying with alibaba or wechat. then what?
decentralized ledgers are tech
are you now trying to say that he did not? this contradicts what you said in [your previous comment]( (you were surprised by the fact that bitcoin is being used as a cash).
federal tax wasn’t enacted until 1913
you're wrong. they mentioned the apps, both are bitcoin lightning wallets. doing a bitcoin transaction over lightning network is instant and the fees are negligible. you should go learn more about it.
btc having the same legal status is a big deal but it doesn’t make it the same as fiat. btc is still decentralised, deflationary, un-hackable etc etc…...
no need for a big data plan.
its not an iou lol. it is literally a signed bitcoin transaction that you are handing to the other party, and they can broadcast it whenever they want.
only on-chain transactions get included in blocks and require confirmations. bitcoin transactions on the lightning network happen instantly and they do not require confirmations. the lightning network is a decentralized network of nodes that use smart contracts to allow users to perform instant bitcoin payments for very small fees. here's a summary of the lightning network: here's the entire lightning network paper:
there's no one answer, it depends on how long you're willing to wait. i just googled average and it is currently . that seems in line with what i've paid the last year, usually -.
yes, you're looking for an exchange that offers withdrawals. i think bitfinex and a handful others provide this, but it is still pretty new. ask your exchange to consider incorporating ln wallet top-ups.
please check yourself for signs and symptoms of a stroke.
that reads like an ai-written complaint about ai-bots writing ai-generated content.
my guess is that they will withdraw via ln in usd or pay their coffee bean seller and coffee machine operator via ln, too. there is no real need to send money to their offline wallet address but if they make substantial earnings that they do not want to reinvest. spending money via their ln wallet also allows them to regain incoming capacity on ln which is something they probably want to look out for. you are right that they might just use custodial solutions for their hot wallet, in which case they do not have to pay any attention to that, but it is not unreasonable for a shop to be a bit more involved with their payment processing, so it might just be something non-custodial.
yeah they mention strike. strike is a custodial ln wallet. el salvador's adoption of bitcoin is unfortunately going to rely on strike for making bitcoin the country's currency. i do not particularly like the idea of using a custodial wallet for a nation's transactions but it should bring a whole hell of a lot of btc into the ln if that is the only way you're going to be able to purchase things in that country.
that's a kold one 🤣
ms-13 is based in the us, no idea what an el salvadoran wallet has to do with them
except if you use satoshis wallet, people would see that, and you’d have a hell of a time selling 1 million coins. you’d get the most by selling it off exchange in bulk amounts(billions), to corporations. you literally couldn’t buy or sell a billion dollars worth of bitcoin in a single day. satoshi has 30 billion dollars worth (1m bitcoin) in his wallet. you could sell, sell sell and crash the price to a 100, maybe, but he would only get a tiny fraction of the 30b dollars that it is currently worth. nobody’s gonna be selling at 100. the price would shoot up probably higher if anything after that. clearly you don’t know what you’re talking about, i’d just suggest if you believe in bitcoin, hold now instead of waiting for 15k because some stupid analyst said so. the difference between 15k and 1 million isn’t that much difference than 30k and 1 million. unless you like buying back once we hit a new all time high.
well once it’s standard satoshi could just use it to buy whatever. mansions, check. private jet, check. one of every tesla, check. why sell for other currency. your boss pays you in green paper money that they’re too lazy to print, so they put some numbers on a computer screen saying they owe you green paper money. even before it has hit your bank account it has lost a very small percentage of purchasing power. why would you hold fiat except for what you’re using that month, for emergencies, or to buy more btc?
small enough that people won’t panic, people still notice the transaction, but still shows people to hodl, and 0.69420 would be just a meme number.
conspiracy being spread by people that do not own btc that tether which some people use to track usd and trade for bitcoin is not backed by any real usd but is a fractional reserve. what they ignore is that at all prices there were people willing to spend up to . all in all this would never be bigger then when mtgox collapsed back when it was the only btc exchange and trading will continue just like it did after 2013.
not in my part of the world
and you sound like a sniffer yourself. sniff on sniffer of queef.
that’s fair probably a much smarter idea actually
in india shopkeepers will notice it instantly because they always check whether they got the money or not each and every time some one makes a transaction. even there is one digital payment system called paytm wallet which gives a little device to the shopkeepers which will always alert you whenever the payment has been made, so no need of checking smartphone also every time a payment is done.
for now. we are nowhere near the point where things can be priced in btc. small steps like this in adoption are giant steps towards that great goal of eventually breaking away from fiat currencies.
it's much cheaper for the merchant.
bitcoin's advertising department needs work.
what would be a joke about it? and what do not we understand about the context. honestly you should do an ama as an el salvadorian
just because your wage is "livable" does not mean your not poor. it is not like i just took these assumptions out of my ass. i included facts in my post. like wtf? lol there are so many privileged people in the west and they take their privileges for granted... they then think it is somehow demeaning to recognize the realities of poverty stricken nations. go read about el salvador or any other countless latin american . the guy is literally surrounded by wooden huts. does he make more than a typical farmer in el salvador? probably. is he in poverty compared to your average american? absolutely. i mean, is this guy like the only dude in the wood hut village living in a nice suburban home like you would see in america?? give me a break. "assumptions". dude it is el salvador. literally had the highest crime rate for years, equivalent to that of the middle ages. the guy is in poverty. is he better off than other citizens in the wood hut village?? maybe. but it is still objectively poverty if we compare it to any western or east asian nation. this is not rocket science.
regarding the need for an internet connection, i know it is blue sky stuff, but i do not see why phones cannot start acting as trustless nodes on a bluetooth mesh network. similar to how mesh messaging apps are used to circumvent government censorship
yes, i think so - screw the banks. why give them the business of areas they offer little to no support to the people. the tech is there for digital payments, but that’s not the issue. the issue is people there are unbanked and that’s not necessarily their decision.
not really a fair comparison when comparing china, a country that has a gdp of 14t, to el salvador, a country that has a gdp of ? china has an economy and infrastructure competing to that of the us, one of the top global leaders for years now. edit: my point is that to countries that have had the means to support these type of transactions, it is revolutionary. sure, china has a large population that’s unbanked, but its only 20% of its population. el salvador has like 70% of its population unbanked.
if they use it, then it matters. if bitcoin doesn’t take off there, then perhaps not. the past decade suggests it’d be foolish to bet against bitcoin. also i thisagree, poor ppl care very much about what they’re using, they are hyper aware of fees eating up their money. the use case highlighted by the president focused on remittances (remesas?). if you lost 10% of every transaction trying to send to your grandmother you’d adapt pretty quickly.
how is that not locking up?
thanks i will look it up later
how will the dollar leave their country when they will exchange their currency with bitcoin? as bitcoin.
wow! did i just trigger you? not sure why your bring profanity into this conversation. i hodl btc for years now, so i’d suggest you take a breather. if you can not defend your position with information, but fall back on profanity, your showing your weakness.
exactly strike is just as centralized as visa, just using a different settlement layer. we need true p2p solutions not a sudo decentralized payment option. like i said it’s a good step in the right direction, but still needs further work until the average citizen can transact and maintain wealth through their own lightning node wallet. furthermore we have yet to see how the system will hold up when confronted by scams and fraud, when two parties don’t agree. i’m just trying to a little realistic, not just filling everyone’s kool-aid cup with maxi juice.
“the capacity of the bitcoin lightning network has broken above 1,500 bitcoin, according to the block’s data dashboard, an amount worth .3 million at current prices. “ sure you can control your channel, but you cant control everyone elses. there over 20k channels and only half are active. they cant handle unlimited volume.
because ln has a volume limit depending on nodes? as of a few days ago, it was about . for reference, visa processes that much in transactions every few minutes. if ln was scalable, nobody would be paying the current , and definitely wouldnt pay the . if you’re invested id hope to allah you know this lmao
i too measure my dick in lines of cellphone software code
i mean, sure any business can choose how they set their prices. i'm curious how it is currently being done. in the worst case scenario where bitcoin drops dramatically (like ), who gets fucked? do retailers raise their prices to offset their costs? put another way, what incentive do businesses have to use a fixed btc amount (which is volatile) vs the ? and if they use the , what is the benefit of this system outside of a national phone-based wallet?
yes they can, but look at the exchange rate , the problem is it fluctuates . sure you can settle right there and then...but at what value?
>because you don’t need to trust a third party for transacting with a coffee shop without compromising on convenience? perhaps the fact that it does not focus on that whatsoever, and only shows the "amazing" tech and how fast money is transferred? tech that is now a decade old? maybe if they mentioned what you're talking about at all your comment might hold some weight.
then you're fucked. > i'm talking about the tech, not anyone's political beliefs.
yet he did not mention anything about decentralised legers in this clip lol.
answering a question with a question? you answer first. then i'll explain.
ya, income tax. there was still taxes before 1913, just not income tax. google it
i'll check it out
so i give you 1 dollar worth of btc in a lightning channel, your telling me you can close the channel and give it to another guy?... on chain fees are 10 dollars minimum... good luck with that.
doesn't the bitcoin blockchain need to make sure that all the bitcoins are in the right place? so, wouldn't it be possible to trick the lightning network with false information and then the blockchain would either reverse the payment?
so, it is basically a 3rd party local transaction which only gets passed through to the blockchain once both parties agree to finalize payment, and then once they do, then it goes onto the blockchain and takes forever. so, the bitcoins do not actually transfer that quickly. right? if you have no btc and i give you 10, when will you actually have the btc to spend?
i just sent some btc from cashapp to my coinami wallet and it was sent batched 2 inputs to 69 outputs for (copy paste) 0.00009668 btc (3.752 sat- 1.001 sat- 2577 bytes) (4.003 sat- 2415 virtual bytes) (.17)
true the stores will sooner or later be non custodial. i am just saying that people and businesses can still withdraw straight on off chain wallets for funds they do not plan to spend within a few days or funds that are really big. for small payments and small balances ln works whether youbuse a custodial channel or an regular channel you control.
people need to be educated that if they have a lot of funds or savings they should move it on chain. day to day funds being on ln, even custodial ln, is not going to be a big risk to anyone's financial health.
the option of going non-custodial changes the game theory for the companies developing custodial wallets. with a regular bank, you cannot go non-custodial even if you wanted to which means that banks can fuck you over and still get away with it. that's not the case for custodial bitcoin wallets, since if they try something shady people will just withdraw their funds.
ms-13…. is the most notorious gang in el salvador dude
ha yeah probably, they will make up anything to get them through these dark times
that's the argument that i have found is easiest for the layman to digest. a lot of people do not understand (in the us) that paper money is no longer backed by a hard value. it's backed by the government's promise that it is still valuable. when they understand that their current income is just digits in a virtual system, the logical hop to bitcoin is much smaller than from paper money to 'fake virtual' money.
ok like 69 and 420?
yup tether is just “fud”...nothing to see here...
i’m sorry i took a terrible opportunity to make a reference to a tv show and i’m certainly regretting it now
until they lose a shitload of money on dips lmao
that's because its not a commercial venture. considering how far it got without a marketing team, it is doing pretty well.
many people over there are not super tech-savvy or financially educated. still not everyone has a smartphone, and surely not everyone can afford mobile internet. the *average* salary is around 400, and many people do not even earn that (that is how the average works). life is not super cheap by latin american standards, since most of the goods are being imported. by some estimates, 16% of country's gdp comes from the money that salvadorans working in the us (legally or illegally) send back home. since quite some time, us dollar is the official salvadoran currency. especially in the rural areas, practically everyone has relatives in the us, and receives some financial help from them. the whole bitcoin thing was proposed by the populist president to make "easier" the us -> el salvador money transfer. i do not know why people (including the vice reporter) thiscuss the possible benefits of bitcoin and never mention the above motive, which was probably the only one for the government. that's why when someone sent me a video with a guy paying his water bill with bitcoin from his really humble cabin, i thought it was fake, something like a report from "the onion". maybe people making memes and jokes think that el salvador is some super rich tropical tax haven? well, it is not. (other than that, i must say that el salvador is a great and very welcoming country. it has fantastic climate, surfing spots on the coast, volcanoes to hike, very good coffee grown on the same volcanoes, etc.) > you should do an ama as an el salvadorian i am not! i only lived there for some time and keep in touch with some friends.
i do not need to go read about latin america, i live here haha. and yeah, you gave facts but not the facts that matter. a little bit of googling and you find out that the guy in the video is not even a simple employee, he is one of the founders. a bit more googling and you find out that the guy also owns a surfing school. you go a bit more in-depth and also find out he has traveled all over europe. c'mon man, a nation being poor does not immediately make all of its citizens poor.
don't need to be banked to use usdt or usdc.
are salvadorians going to buy crypto with cash?
africans use sms for almost the same thing.
so why not just use usdc? fast, cheap, pegged to usd. why bother with btc?
because you can still take it off the lightning network whenever you want. i guess it depends on how you define locking up, but that is why i said "in a way" it is locking it up. you can only make lightning transactions after you send bitcoin to the lightning network, but i wouldn't consider it locked up.
you get canned responses because none of you silly sausages understand this subject. > for years the shitcoin shills have been saying "muh bitcoin dunt do smarz-contakz", and as soon as it is demonstrated that that is exactly what a lightning channel is, we hear "but muh liting is not chane txn".
one can only estimate the amount of real channels, people do not have to advertise them to use them. i still do not understand what you mean by ln not being able to handle unlimited volume. if i create a channel with another person we can transfer unlimited volume within that channel as long as it is not always one-sided. say i own a company that sells managed hosting of virtual machines and websites. if i can pay my server provider via ln and if my customers all use ln to pay for their vms and websites, my ln channels will periodically become a bit one-sided when i pay for the servers, but only until my customers pay me. of course i plan to turn a profit with my business, so i might also pay other things with the same ln channel so i do not run out of receiving capacity if i make lots of money. at no point do i really care about how many other channels there are or how many bitcoin others have locked up, because they are in the same boat, continually re-balancing their channels, keeping them able to transact bitcoin. the real potential transfer volume per day is not .3 million, it can be 100000 times that, or just 0.1 times that, depending on how well the network works and how well wallet rebalancing works (either manually, or automatically through wallet algorithms).
there is no limit to the number of transactions that can happen on lightning. now there is a limit to doing very large transactions on ln (over 1 btc, for example) which is why there will always be base blockchain transactions, and the fees you quoted are not an issue for such large transactions.
> which would not happen considering for all intents and purposes people are buying and selling bitcoin to make fiat money. how many posts do you see with people getting excited about the crypto price being stable, and the potential finding of bitcoins true price? i do not fear that possibility. there is always some sort of pressure to use your money. people build houses, go on vacation, invest their money into something more lucrative, start their own company, etc. why would someone keep the equivalent of ,000 in bitcoin if they "only" get 2% a year on that, whereas e.g. starting their own business in an area they have expertise in gives them a return of, say, 100% (+ the equivalent of their old salary)? a similar example is buying and living in your own (cheap) house if you know how to care for it vs. indirectly paying your landlord for maintenance and building depreciation. there will always be ways to invest your money (i'm not talking about stocks or bank account interest) that go beyond 2% per year. > why would anyone transact with bitcoin if it is gaining buying power year on year? if the usd is losing buying power and bitcoin is gaining buying power, people would spend usd and not spend bitcoin, making it unviable as a currency. why not? why does it matter what i transact in for my day to day purchases? tax issues in stupid countries aside, it does not matter if you keep your monthly salary equivalent of, say, + decide to invest what's left at the end of the month. why would i want to transact in usd via printed cash, credit card or via a bank account? i cannot pay online with printed cash, the vendor gets less money if i use a credit card or paypal, and bank accounts can often not be used as freely and have zero privacy. with ln, i even get a cryptographic sound recipe of having paid someone. one could automate tax deduction with that, to name just one thing i really wish for in the next ten years. bitcoin is just better money than what we are used to, and it is still too soon to see all the ways it will reshape payments and how we interact with each other in a society. why use something inferior? if bitcoin did not have the potential and if the things that have been implemented in the past few years had not been this amazing i'd be more doubtful, but if bitcoin fails, it will be for different reasons than advanced utility usecases.
your original question was: _"why is he using btc?"_. and i answered: _"because btc was meant to be used this way"_. looking forward to your promised explanations.
you can just send the 1 dollar to the guy on lightning. ez.
that's essentially the way the visa network works now. money is not actually changing hands at a swipe. there is a complex settlement industry behind all that.
totally agree. it is a question of education. even if you educate everyone though, there’s still people who are going to store everything on custodial solutions. it happens far too much with crypto. everyone and their brother using coinbase is putting their assets at risk. not your keys not your coins is not nearly a well spread concept. i fear that it’s going to take another mt got before people learn. it coinbase we’re to get goxxed i don’t know that the market would be able to survive. paper . i know on exchange liquidity is important too. maybe i worry too much. i’ve been in the game since 2011 and gox still haunts me lol
they’re stateside, they need something that can work internationally is my point
don’t need to because i grew up in fairfax county where they touched down on the east coast but i just did and it says it’s la based. i knew at least two ms members. yes it’s salvadoran immigrants but they’re in the us so how does an el salvadoran wallet help them?
well the current "dark times" is 4x larger than last year...so i'm feelin ok.
what dark times? you mean the several hundred times growth in the last year? edit: several hundred percent growth, not several hundred times
sadly most people are uninformed. i mean people were selling because they thought the fbi hacked bitcoin.
lol. i’ll have to look it up.
thanks for bringing light into this comment thread. people will say anything that backs up their ideas, and it seemed like this was one of those times.
i never said it makes all of it is citizens poor. thank you for your insight.
i’d rather they go with usdc since usdt is pretty sketch, but yeah they can go with that. idk exactly what you point is now though. i’m all good with them choosing any crypto. could care less if it was stellar, cardamo, etc. the point is to enable them a system that can be used.
usdc and usdt are not decentralized and they are not censorship resistant. tether controls usdt and circle controls usdc. they can block transactions and freeze funds if they want to or if a government forces them to. the whole point of bitcoin is that it is finite, decentralized, secure, censorship resistant, and nobody can steal it from you.
well, prior to covid, remittances made up like 20% of el salvador’s gdp. i think what most likely would happen is that families in the us, or i guess anyone outside of el salvador, that are sending money back “home” will be the ones buying btc. i’m sure with the big push that the government is making there, most people will tell their families about it, if they haven’t already, and ask to send it through that governmental app. from there the ones that i think are most likely to maintain the btc as opposed to converting it to usd will be businesses, and once the people there start trusting btc more as more and more businesses accept it and perhaps even endorse it, it will most likely begin to get more and more adopted and less likely to get converted to usd
usdc is a centralized token that is pegged to the value of the us dollar which has lost 98% of its value. usdc is pegged to a currency that keeps getting inflated. circle has full control over usdc and can seize user's funds. usdc requires trust and permission from the company circle. circle has full control over usdc and can steal funds. bitcoin does not require trust or permission of anyone else and nobody can steal your bitcoin as long as you securely store your private keys. bitcoin's issuance schedule and maximum supply are both clearly defined and they will never change. bitcoin cannot be debased like us dollars.
is there a fee for putting it on the lightning network or taking it off?
it’s the “only” send to lightning without some layer 1 concessions part that makes it locked up for me. surprised other people are blind to the very obvious restriction. leaving on exchanges is locking up as well.
“micropayment channels[3][4] create a relationship between two par- ties to perpetually update balances, deferring what is broadcast to the blockchain in a single transaction netting out the total balance between those two parties.”. from lightning white paper, nothing i said was false.
you literally can see how many channels there are. go ahead and checkout bitcoinvisuals.com while you’re at it, type your name into google. you might get somewhere.
this is just wrong lmao. there is absolutely a volume limit, its around 1500 btc, which is around . volume doesnt mean individual transactions, it means volume… “the [capacity]( of the bitcoin lightning network has broken above 1,500 bitcoin, according to the block’s data dashboard, an amount worth .3 million at current prices.” what is the deal with bitcoiners and not understanding volume and the most basic investing vocabulary.
okay? that's not what this clip is showcasing.
visa and paypal etcetera though, have a third party with money that will settle any issues. if someone fucks off with your bitcoin, you're screwed.
tell me about it i currently have thousands of . they do not even have a contact number that you can call to speak to a person.
hundred times? really? **several** hundred times even …
letterkenny bro! a grand ole time. fuck i’m surprised you aren’t watching it right now
if you think that people who rely on remittances are going to want them to come in the form of one of the most volatile, speculative investments in the world then i think you're not quite grasping this...
salvadorans are largely poor with no meaningful savings anyway, so who cares what happens to the funds if they are immediately getting spent?
yes, the normal transaction fee that would apply to any transaction on the base layer of bitcoin. it's possible the fee would be a little bit higher, since the transaction might contain more data, and you pay in satoshis per byte. but i really do not know, i'm not that knowledgeable about how lightning works.
yes it is a normal transaction so there would be no benefit if you did 1 lightning network transaction and then closed channel, but you can do an infinite amount with your channel. once you have done 3 you are now in the green on transaction fees.
"locking up" is not the worst wording. the funding transaction for a lightning channel and the offline transaction magic always allow you to exit without the other party cooperating. in that case, you have to wait a bit longer until you can actually use your coins in a transaction, so "locking up" is not a bad term. in reality the other party will generally cooperate with you (and be online) when you want to close your channel or splice off a portion of your funds to pay someone on chain, reducing your lightning channel funds. if this becomes the norm, calling it "locking up" your bitcoin is a bit confusing because you normally retain all flexibility with your coins. if the ln wallet supports it, there is no downside with keeping your coins in a ln channel (if the partner is online and cooperative), even the size of the splicing(normal tx: 1 receiver output, 1 change output. ln closure payment combined tx: 1 receiver output, 1 ln channel creation output)
yeah, people really need to understand how it works, but most people do not even understand how a blockchain works at all. i still have a hard time understanding how a 2nd layer can have any of the security of the 1st layer if it is not interacting with the 1st layer beyond the funding transaction. i'm kind of skeptical of lightning, but i have not researched it too much.
> for years the shitcoin shills have been saying "muh bitcoin dunt do smarz-contakz", and as soon as it is demonstrated that that is exactly what a lightning channel is, we hear "but muh liting is not chane txn".
you only see advertised channels on pages like that. if you do not want to advertise how many bitcoin you have locked up with another node (big exchanges, for example) you will most likely have an advertised channel with only a few coins and a non-advertised channel with the same person with potentially lots of coins. if you advertised channel becomes too one-sided, you re-balance your advertised channel via the hidden channel (= advertised channel becomes more balanced, hidden channel becomes potentially more one sided)
again, my first comment to you was about this. if there is demand for that amount of volume, then it will get put on lightning. there is no limit to more btc coming onto lightning if the demand grows.
by "volume" do you just mean the sum of all btc in channels? couldn't the nodes just put more btc in their channels to increase the volume?
> because this is currently not happening on a wide scale with deflationary currency so there is no reason this would happen with bitcoin, especially if it was hypothetically gaining value each year. people do not just start a business for the sake of it because they have lots of cash lying around. do you have an example of a (slightly) deflationary currency that has similar utility? > this is all irrelevant anyway because it is based on your assumption you have made with zero evidence that bitcoin will magically reach a certain price point and maintain that value forever. there's literally nothing to prove this will be able to happen, and the only time this has come close to happening is ironically when bitcoin was worth fractions of cents. i think it is the more sane assumption that there is a ceiling. imagine bitcoin at a price point that is 1000 times of the usd equivalent of m3 of all countries combined (in 2021) divided by 21 million coins. do you agree that a currency staying priced at the equivalent of 1000 times of all of earths riches, companies, real estate, etc. does not make sense? i do agree however that it is not clear if bitcoin will stay un-volatile enough. it could oscillate wildly between e.g. 1 or 2 million usd per coin, which would make it a bad currency to hold for short term expenses. > if banks have zero privacy, then are you able to tell me what my bank account balance is? ok, not everybody can read you your bank balance if they only know your reddit user name. my point was that there is too many people with access to your bank balance. in my country, most people working for my bank can just access it without triggering an alarm, and there was a big scandal where a bank gave this kind of full reading access to all people selling insurance plans. credit card providers and ec card providers have had similar problems. if i had mildly rich enemies or if i got into the focus of a criminal investigation by accident i wouldn't be surprised if they could just access all my financial data and potentially draw wrong conclusions from the metadata.
lightning is not centralized at all, anyone can open a channel. bsv can only do that now because nobody uses it. if it gets to 100 million users, the blockchain will bloat tremendously. this causes the cost of running a node to skyrocket, so that only large corporations can run nodes. that will cause the centralization.
ah i see r. if you're really so stupid to believe what you say come try it. free bitcoin right? don't mind the watch tower.
fuck man. i’m so sorry. i hope it works out for you
i meant several hundred percent growth, not times growth. it was early.
so out of the loop with any sort of shows but it sounds like something right up my alley.
well you can’t wait for everyone to get on ln to not call it locking up, it’s what the experience is right now so it’s accurate to call it as such. also i love how people are saying stuff like “no downsides, except these downsides and necessary conditions” it does not reflect layer 1 and should not be mistaken for it.
ln transactions are just layer 1 bitcoin multisig transactions that are exchanged peer-to-peer between participants off-chain (except for the channel-funding transaction & channel-closing transaction, which occur on-chain)
do you understand how the microchip in your smartphone works? or medicine? or that new car that’s half a computer with all the electronic gizmos in it? lightning is complex, like many of the things in our daily life these days. you either trust the experts developing it or you don’t. or spend a ridiculous time educating yourself on it **only to realise that you had no idea how much you didn’t know** … in a way the more you learn the more things you don’t understand(because you didn’t even know they existed, now you do know they exist … but you don’t know how they function).
by volume i literally mean the definition of volume lol
i did not say anything. i merely asked questions, because i'm not a fool.
from what people have told me it is probably because my government is investigating me but everything checks out and i have proof. i just wish they would come arrest me so i can prove to them the funds are clean and were bought with my salary. curently no one will speak to me for over s month. they are incompetent but i have now experienced first hand not your keys not your coins. i have to get permission from my government to take back my bitcoin. fucking bullshit. we need de-fi exchanges. the joke is all i did was transact wbtc for btc but it must have triggered some limit. it is a taxable event but taxes dont need to be filed for another 6 months.
so i didn’t miss that much ;).
i agreed that it is ok to call it "locking up" :) i'm just saying that if splicing off a portion of my ln balance works all the time because the nodes i have channels with do not go offline (becaues they want to earn fees, for example) then the term "locking up" becomes confusing. i do not lose any power, and i do not need a certain % of people using ln for that. just if it was not clear: splicing off is creating an on chain transaction that uses the funds in my lightning channel to pay someoine on chain, while immediately recreating a channel with the previous channel person using my (and their) remaining balance. it can even look the same as a normal transaction on the blockchain, the person i am paying on chain wouldn't know the difference.
if they really were “just layer 1 transactions” you wouldn’t need that paragraph of a caveat right after.
are you saying that ln and therefore daily bitcoin transactions need to be complex in structure because people won’t bother to study and verify? sure, a lot of people will forgive the complexity, but bitcoin has enough use as a collectible item that no one transacts with it . it doesn’t need ln to keep doing that. i don’t need ln for transactions like that. if more people like we are expecting adopts custodial bank solutions and in a very jack mallers way, those banks just say their using ln in the background…i feel like we lost some of that bitcoin magic.
i totally agree, which is why my first comment was defending lightning. in the comment you replied to i just wanted to point out that while i think i have a decent understand of how layer 1 works, lightning is kind of over my head. i have some skepticism, but it is mostly because of my ignorance.
ok... so the sum of all channel wallets is the capacity. and volume is the total amount transferred per some amount of time?
el salvador is not actually in south america, but is in central america, which you did not colour green ;)
you really dont know what continent el salvador and panama are in?
eh... el salvador is not in south america...
you're missing the entirety of central america. i knew americans were bad at geography but wow.
i think all the countries that announced are in central america
can definitely say you're from the us
op needs to take a geography class.
no country in south américa is talking about that.
wow you do not even know where el salvador is
both el salvador and panama are in central america, a sub-section of north america.
downvoted op for getting the continent wrong. first time i downvote in this sub.
can't believe 3k people upvoted this dumb fuck
central america you trog.
op doesnt know much geography
huge cringe. this is why the world thinks americans are idiots.
major big dick energy coming from this area right now. meanwhile small dick bank of england is saying digital currency is bad for the economy. *you're* bad for the economy motherfuckers!
tell me you're from the states, without telling me you're from the states.
this has way too many upvotes for the extreme lack of geographical knowledge.
for those of you looking into properties in south america, remember el salvador is in central america 🙌
thanks for showing the world yet again how bad we are at geography. regards, a ‘murican.
this is embarrassingly bad
itd help your investments if you could locate countries on a map yknow?
seeing as how this image is incorrect, why the fuck is it on the front page?
show me where you live on the map without cheating by using gps.
aye, don’t laugh too hard. paraguay is in south america. dominoes.
mexico joined in too. so north, central, and south america
ahahahahah. but el salvador a little bit higher
y'all dumb. don't even know where el salvador is.
oh wow right next to keiser's costa rican house! fucking idiot.
brasil and ecuador :-)
this is embarrassing! salvador is not in the south america continent. salvador is part of central america
okay but el salvador is not in south america. let me google “map of central america” for you:
hell yeah. jack mallers hit it out of the park
this is not confirmed, not because some politicians put laser eyes it does mean the country will do it. the politicians i see using are from very irrelevant parties so be careful.
from now on, tribes in the amazon are using bitcoin to trade feathers and arrows!!
south america is signaling for bitcoin
the global invasion can start now. my body is ready
ya'll waaaay too optimistic thinking any country of south america will recognize bitcoin is an oficial mean to... anything really. trust me, a brazilian. we're already struggling hard with our own currencies, let alone adding another one to the pile.
the only place that is north is the moon
with all this positive news, the direction of price movement does not really add up. what's the general sentiment in here for the rest of 2021?
it will moon over parador very soon lol
which country except salvador accept btc or bought?
one punch man ! :) we seemed to hear the voice.
should they already start printing this on their fiat- “have fun staying p**r!” ?
okay so the next updated map would have a laser eye in each continent, because el salvador is in central america
curious to know what happens in the next months lol 1. mainstream media will start painting prsident of el salvador bukele as some horrible dictator or some other silly thing 2. a hot intelligence dossier will pop out from unthisclosed sources saying that el salvador is hiding wmd... 3. some other huge ransomeware attack, possibly originated from some latin american country... maybe with links to the cartels 4 ...
"yes sir. we confirm. i repeat, laser eyes. yes. we are hodling the line."
nothing is happening in south america except a few unimportant people posting a lazy eye picture of themselves on twitter. please stop the self hype...
add in panama too... they want in!
haha you wanna do: 'updated map of central america'
i’m sure the flat earthers would thisagree!!
many north american people talking about south america. cómanse una empanada de pichulas gringos weones.
meme made by an us person for sure…
you guys come on here( in my godfather voice)
lol! this should go to r
lol this is like that game xcom
thought this was about peru and brazil having rightwing presidents before i checked the sub.
its been good for the price ...:/
paraguay in south américa is going to legalice bitcoin.
laser eyes on central america it will spread
since when is el salvador in south america :p
wow such of negative comments...
el salvador just fucking becomes south america. this is the way.
get in before it starts tiray 🚀🚀🚀🚀
get in before it starts tilray. 🚀🚀🚀🚀
that's the funniest thing i saw this week
dont forget el salvador 🙃
murican education at its best.
central america 🤔🤔 el salvador 🥇💎💰💰👏🏼👍🏼
great minds think alike...
this is so much funnier without any knowledge of bitcoin
they usa 2.0 need to move for better opportunities us is the new taxy tax great britain
why are falklands green
ancient astronaut aliens says yes.
this is good content lmao
suddenly... they will find themselves in dire need of "freedom & democracy" real soon now. just like saddam hussein, muammar gaddafi, etc.
lol i lold. wooooo
the most brainwashed people usually are in larger groups or very small groups. like large cities also one light small towns. sorry.
it makes sense that countries most negatively affected by us foreign policy would be first to explore economic options to take back their independence
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yeah but then the laser eyes would be wonky. el salvador has to move.
hahaha this is like the us saying it will accept bitcoin as legal tender and then the laser eyes being in europe.
never let the truth get in the way of karma
dang, i'm also learning geography from reddit!
politicians in argentina and brazil have put laser eyes on their profiles in the last couple days
hahah i made that mistake too. and then recently i look it up and holly crap its definitely north to south america lol
el salvador is in north america which has 23 countries including: canada, usa, mexico, belize, guatemala, honduras, el salvador, nicaragua, costa rica, panama plus 13 caribbean island nations. source: [wikipedia](
el salvador is in north america. north america is not just made up of the united states and canada, you know?
yeah, but after el salvador announcement, many countries has beeing more into bitcoin (some senates added laser eyes to their tweeter). paraguay, brazil, argentina and more. [
cool. after selling a shitload of guns and women via darknet there is finaly a place where we can officialy whitewash all the money
yes but paraguay is, and they too are recognizing bitcoin as legal tender.
check this i also made the mistake haha
does it really matter?
neither is panama, which is the other country in the news for bitcoin. about the level of geographic knowledge i expect from r
in spanish there is no central america only north and south america so that could be why. central america is often included with north america on top of that, so the post is even more off😅
the logic behind this pic is actually, that alot of south american countries are adopting laser eyes
neither did the over five thousand people who upvoted
yeah and also we are still very far from adopting bitcoin! there's yet a long long way to achieve this goal.
it is in central america - a region of north america.
man this subreddit is terrible
they don’t even know america is a continent, they call themselves america. edit: when i say america is a continent i mean both south and north
and then the other people trying to cover for the guy, “well, technically...” seriously, we can’t even point out a country that’s clearly in the northern hemisphere and 3 borders removed from our country. kinda reminds me [of this news screenshot lol](
i thought its all just "mexico" lol
\*rolls eyes\* you must be sooooooo smart.
wait till spain adopts bitcoin and the map has lasers in mexico
paraguay is south america , but far from the laser eyes
paraguay, brazil, and argentina all had politicians tweeting, but yeah the other half were in central america. either way, all of them will be better for it.
i do not get the joke. what happened?
map depicts exactly south america. why the hate on op?
in latin america and most of europe, central america is its own region. in french, italian, spanish, german and portuguese north america ends in mexico.
how do you know where op is from
deflationary currency (like btc) is poison if used in real economy, as it encourages saving and hodling instead consumption and spending, it is economy-101 stupid! once you out of your job because nobody buys products that being produced, you will learn... the hard way
you little bastard 🤣
this comment is the best
you could have used a shorter link
they do not have enough miners
woke nations??? ever lived in one?
the general sentiment is goblin town, but we’ll see.
zoom out? bitcoin at the current price is still very high compared to 2020 average. if you dont want to buy the peak every time come back when no one is talking about bitcoin. unfortunately most people buy when everyone else is buying.
sounds like you should post in the proper shitcoin subs or make one yourself.
that’s most likely printed as a thistraction from gme and amc as part of their hit campaigne to devide us and concur us strategy. thanks for your input but we know this already. remember when it was silver that was supposed to squeeze? also geography lesson needed lmao
el salvador has to annex brasil )
this logic sums up wokness and huge fucking amount of average to sub iq in the masses. 😃
you made my day... 😂😂😂😂
i hope ms13 is following this thread
we could just use a map projection that rotates el salvador to be horizontal. on second thought, since most map projections inaccurately represent sizes of countries, we could create our own map projection with btc-friendly places being represented large and center (with lazer eyes).
maybe. or maybe not.
so from the history i learn from my parents who are from el salvador, all of central was el salvador. than they split due to differences.
actually, it depends on the point of view. english speakers see america as two separate continents (north america and south america), whereas spanish speakers see america as a whole continent. here in latin america we generally classify america in 3 regions: * north america: from canada and greenland (i know it is not a country, but you get it) to mexico * central america and the caribbean: from guatemala, belice, cuba and bahamas to panama and trinidad and tobago * south america: from colombia and venezuela to chile and argentina
yes , part of the north american continent, in the region composed of central america . it’s debatable though wether north america ends in mexico . as well as the caribbean islands , particularly the southern caribbean; i don’t think arubans consider themselves north american .
north america is only made up by 3 countries: canada, the us and mexico. (ps: latin america is not mexico frikin gringos) (edit: it seems like we have different classifications. english speakers divide america in only two parts: north and south. but spanish speakers divide america in north, central, the caribbean and south. interesting)
neither than anyone outside el salvador
i do, it is still funny tho
yeah, first we need to adopt the world map
much closer than before saturday
no central america is its own region.
common misconception and just a difference in opinion. some countries (mostly in south america) teach that it is all one big continuous continent called "america" other countries teach that it is two separate continents called "north america " and "south america" if you believe that they are one big continent just because they are connected, then why is europe and asia separate? however regardless of how you learn the continents, it is still appropriate to call the "united states of america" as just "america" just like you call the "estados unitos mexico" as just "mexico" or how you call "bundesrepublik deutschland" as just "deutschland or germany" there are many many examples of how this is the normal all around the world . the united states of america is a formal name. america is the informal along with "the states" "the us" or "usa"
it’s actually two continents… lmao
monroe doctrine. it's all ours. check mate
"united states of" is implied and universally understood
mexico is not part of central america tho, it is part of north america alongside the us and canada, you're just proving his point, lol.
because the countries in question are located in central america.
you must be a gringo. go back to school. el salvador is in central america. wow i cannot believe this shit. lol
a quick wikipedia search would show that na does, in fact, encompass central america. as a central-american trust me i know on what continent my country is located and hint is not south america.
making an assumption. if i am wrong, i'll edit.
consuming without saving is inflationary. deflation is not necessarily bad. deflation after bubbles are indications of fire sales (people trying to sell so they can cover other debt) and people going to cash out of over abundance of fear. but people simply saving is rather good. they consume conservatively and will not inflate and cause asset bubbles. debt drives inflation and bubbles.
ffs, are you not going to buy stuff that you want at the same time that stuff is getting cheaper? think for yourself.
> deflationary currency (like btc) is poison if used in real economy, as it encourages saving and hodling instead consumption and spending, it is economy-101 stupid! > > once you out of your job because nobody buys products that being produced, you will learn... the hard way 100% of your comments are anti-bitcoin fud. why are you here if you hate it so much? and who is upvoting this nonsense comments?
civilizations are built on savings, not "consumption". literally anyone can consume. it's not difficult. there's nothing special about it. no wonder you quote economy-101, because it is extremely simplistic and often completely wrong.
deflationary currency is not good for any country to use as its currency
good, lol. humanity desperately needs to stop consuming and spending for an endless stream of meaningless products for meaningless humans to procreate.
i've visited many places in africa and asia and they have more sense of whats going on the world then western nations. have you ever left your country??
they'll probably give it back once they realize what's in it.
so , guys, i'm playing hoi iv . and it is quite normal way of thinking for me . yeah , i'm kinda crazy
there will always be more people with average iq than any other iq level... because it is the average.
do you know what humor is?
> wokness > good one.
huge amount of sub iq… nice grammar my sub-iq friend!
or maybe its just a joke?
am canadian and in elementary school we were told it was 3 america's, highschool we just talked about north and south but we're never told which countries were in which, so everyone assumed north stopped at mexico and every other country was in south america.
i speak english and always separated it into north, central, and south. i figured the caribbean countries were part of central america as nafta had me believe north america was us, canada, mexico but even greenland is a part of it too.
it literally isn’t. a 30 second browse at wikipedia shows north america consists of northern america, central america, and the caribbean.
> english speakers divide america in only two parts that is not accurate. as continents, sure, there is north america and south america. but in all other contexts, central america (every country between mexico and colombia) has always been a thistinct separate region.
it makes me shiver that somebody like you is playing with dangerous things like bitcoin. not a good omen for the future of crypto. now, go forth and follow your leader elon (and maybe learn a bit of geography too, because it is important).
i agree with you… but i have heard a lot of times people saying “i’m going to america to visit my family” doesn’t that sound awkward? it could be brazil, us, mexico, canada or whatever country in sa or na. the examples of mexico, germany isn’t the same on my opinion because neither mexico or germany are continents, so there’s no confusion at all.
yeah, except it is really stupid when you are from south america, like i am and you visit the usa and people there say "how do you like america?" i shit you not, once someone said "brazil sounds so nice. can you take me back to africa with you once you go back?" (i was an exchange student in texas at the time).
it was a joke, hence the "lol"
i'm seeing shit like this everywhere, but, i need to set this straight. here's some room for some education rather than just "americans bad at geography", we separate the continents at the panama canal, and we identify everything north of it as north america, including central america and the caribbean, and everything below it as south america. many countries, especially latin ones, call the whole new world as a singular continent, "america" and use the terms north america, central america, and south america as regional dividers rather than continents. we use north america and south america to describe continents and our idea of central america is the same as your regional divider, but it is not a continent, it is part of north america. it's not americans being bad at geography, it is us literally using different standards. make sense?
paraguay is not. i think brazil and argentina have politicians tweeting in favor, too, though maybe not as likely to happen there as there would be resistance.
that’s the english wikipedia. the spanish wikipedia says north america ends in mexico, so does the portuguese, german, french, italian wikipedia. also, in spanish “america” is one single continent. north, central and south are just regions. you seem like a gringo with central american ancestry to me. si entiendes español, dale una repasada a la wikipedia del idioma de tu país 😉
typical american. guilty until proven innocent.
>they consume conservatively and will not inflate and cause asset bubbles. i would love that, but it is such a fine balancing act to achieve that it is almost never seen in practice. economy loves to go in cycles and every time it reaches this sweetspot of equilibrium (at one tiny point in each cycle), it just wizzes past it in no time. in other words, economy is either growing or shrinking, there is practically no in-between. now btc being of extremely limited supply, if it would be used as a global currency of exchange (not just value store), it would switfly turn momentum towards saving and shrinking rather than growth
why would i buy it today if i can buy it for cheaper tomorrow? and so the cycle continues until everyone's out of jobs
>and who is upvoting this nonsense comments? those who have wrinkles left in their brains? it's the "fud"-screaming cultist like you who turn this sub into hodl-group-think echo-chamber rather than rational bitcoin thiscussion. i've been fighting such group-thinkers of this sub for months now (check my history), while encouraging rationality and sense, and guess what, it turns out my cause is not all lost
no you dont know enough of 101, lemme add the things you missed: when consumption goes down, the sales go down, production shrinks, dragging down economy and gdp with it, resulting in economic depression or worse. when consumption grows, sales rise thus rising production volumes thus growing economy and gdp. this is the economic cycle 101, it repeats after every n years, but there is no such thing as "equilibrium" in economy, it just does not happen really, or happens but for very short period and it is highly unstable. therefore governments and central banks apply various instruments to keep the growth above zero and avoid shrinking at all costs, while also avoiding over-the-top growth and overheating of the economies. there's 10s of books written on just that, but that is a nutshell of it
i can second this. the us population is some of the least woke and most brainwashed of every country i have traveled to.
he spend all his money on the dip
i left england at 21 for europe, then 3 yrs in china, then philippines, then caribbean, then 15 yrs in states then back to caribbean where i have been for 6 years. so yeah to answer your worldly question.
i know ... an that is upset (
just like say the average height is 5 ft 10, there will always be more people 5 ft 10 than any other height?
for any continuous thistribution, the probability of your statistic being equal to any value in that thistribution is zero. eg; p(iq = 100) = p(iq = 260) = 0. now you'd be correct in saying that there are more people with an iq of **around** the average, than there are people with an iq of **around** any other value.
look at the average person and realize half of all people are dumber than that.
i do not think that is how it works.
i think this would apply if it was median, not average, but its kinda simillar.
only in a standard normal thistribution there the mean is the same as the median. if i can remember back all the way to introduction to statistics.
just want to jump in to explain to people that even in a normal thistribution that may not be true. given for instance that a parameter must be a whole number, but the average is a decimal. no one will be at that value. this idea of the most people having the average is not mean or median, but made.
you're thinking of median iq. there is a chance that nobody has the average iq
yes……i do…...i prefer mine like the marquis de sade
greenland is not a country but it is in america (the continent) (edit 1: greenland is a country but not a sovereign state. i used the word "country" in the colloquial way, but i was wrong in the technical one) (edit 2: there are multiple methods of classifying continents and regions. america could be one or two continents at the same time depending on criteria)
seems like we have different classifications. here in latin america we divide north america, central america (and the carribean) and south america, but looks like americans and other english speakers have that classification you mentioned. interesting
north america is made up of north america, and central america... fuck are you on
you are either categorically insane or illiterate if you think central america is part of north america.
that's the issue. you separate america in two continents with their own regions, whereas we spanish speakers see america a whole continent, so we divide it in regions (north america, central america and the caribbean, and south america)
why are you so rude? look at my reply to the previous comment. it seems like we have different classifications. spanish speakers divide america in north america, central america, the carribean and south america. enlgish speakers divide america in north america and south america.
nobody would say "i'm going to america" and mean any other country than the usa... nobody going to brazil would ever say " i'm going to america "
theoretical conversation: c: i’m going to visit america this summer. r: oh are you visiting canada, the united states of america, or mexico? c: i’m visiting america... not mexico or canada. r: ... i’m stupid aren’t i? c: very much so. r: understood. i will now leave this conversation. c: okay good bye. narrator: everyone stood up out of their seat and applauded.
and when i was in brazil people asked me what is like to live in russia when they found out i'm from alaska... there are stupid people in every country. your argument is invalid. i loved my trip to brazil btw. amazing people and such beautiful land.
this isn’t google. you should try there.
central is not a continent. it is a sub region of north america.
oh, sorry then m8, should have used the "" imo i mean, this post got an entire frigging (sub)continent wrong and could not even bother to do a quick google search on the countries for half a minute, so it is a bit hard to tell if you were serious since mexico is \*often\* incorrectly identified as part of central or south america.
yo soy de costa rica y nunca he tenido dudas en que continente esta mi país. no se de donde sos pero claramente es este mapa lo que esta en verde no es ni el salvador ni panama.
why would you buy a new graphics card today if i can buy the same graphics card next year cheaper? if you really believe this, i have some 8 mb voodoo 2 cards to sell you...
so you going to starve yourself today because food gets cheaper next year? hahaha
because your are also spending your life. by denying yourself today to buy tomorrow you are doing without into the future. you don’t know how many days you ah e left so most people are going to buy today to maximize their quality of life going into their future.
by this logic no one would ever buy tvs, computers, cell phones, or any consumer electronics which are constantly getting better and cheaper.
you'd still buy food. you'd still buy shelter. you'd still buy clothes. you'd still buy internet. you'd still buy transportation. you'd **still** buy entertainment. this notion that everyone would simply stop buying literally anything because prices are going down slowly over time is extremely simplistic and wrong.
what do you want a medal? lol
no... relax. i’m brazilian, but i’m cool kkkk
5.9 is the average height of white men. not all nationalities average height is 5.9. and whites are not the majority population of the planet. 🤪
that’s the median, the average in most contexts is the mean which does not need to follow that rule. can be in the upper quartile as long as there are tail end outliers. realistically i would say the bulk of thistribution is in the lower end with a long tail end toward higher iq so therefore there may just as well be 75% people with lower iq than the average.
only half you are a gentleman sir
they don’t even get the quote lmao
assuming an unskewed normal thistribution, which the iq is based on, it is how it works. assuming "more than any individual level" and not "more than all the other levels combined"
that's exactly how normal thistributions work. there's always more people near the average than at the extremes.
so you deserve a prison cell? neat.
greenland is a fucking country you idiot.
depends if you divide by regions or continents. as continents it is still just north and south. panama is the turkey of the americas.
american here. we are taught that central america is north america. we are taught that it is not mexico. so whoever is saying that is just a dick.
i had my primary education in latin america as well and was taught that north america is just canada, mexico and the us. honestly this is the first time i've ever heard of central america being referred to as north america. wikipedia's [talk page]( on north america has a pretty funny debate about this: > . . . this is a lovely essay, but unfortunately you cannot undeclare yourself a north american any more easily than you can underclare yourself an earthling.
> the united nations formally recognizes "north america" as comprising three areas: northern america, central america, and the caribbean. this has been formally defined by the un statistics division.[11][12][13] i mean, i don’t make the rules tbf until this post i didn’t know that was how na is classified.
downvote me all you want, a 3 second google search "central america" proves you wrong. the state of education in this country is frightening .
you do not know what you're talking about. there is no continent called "central america".
functionally residents of the us do the same when thiscussing geopolitical regions. does it matter if i recognize panama splits the continents in two but you do not? eurasia vs europe and asia, these are two thistinct regions for all practical purposes.
no, america is made up of north america and south america. there is nothing in between. central america is a region, not a continent. that's a huge difference. you should be ashamed of yourself, if you do not even know what continent you're living on.
go edit wikipedia or change the un definition. good luck. bye.
but if they do they are right. in fact if you say “i’m going to america you’re not syntactically wrong, but it doesn’t necessarily mean that your listener will interpret it right.” in brazil, for example, it’s called unit states, when someone is going there they say: “estou indo para os estados unidos” - “i’m going to the united states” if you say america there you’ll probably be questioned which part.
actually definitions can change. edit: my account is only 5 days old because i lost the password to my other account. my og account was made in 2014.
i was only trying to have you realize it is not as simple as you think. as for me, i do not know any good scientific definition that fits the narratives we have for "continents," and it makes sense because these denominations predate major geological thiscoveries, such as tectonic plates.
well you are so smart and we are so dumb we just thought you would pick up on the sarcasm.
a ver gringo, no sos de costa rica. tendrás padres de costa rica, porque no creciste ahí si decís eso... en la escuela tica enseñan que america central es una región del continente americano. el único continente qué hay en el hemisferio oeste. america central no pertenece a norteamérica ni a sudamérica. los latinoamericanos no consideramos “central america” como una “subsection” de norte america. norte america es mexico, canada y estados unidos tampoco consideramos que norte america sea un continente. america es un continente, norte america, sud america y centroamérica son solo “regiones”. eso de que “north america encompasses central america” es una visión gringa.
follow this thread to its logical conclusion. poor people cannot invest a lot in cryptocurrencies because they are living paycheck to paycheck and have to pay rent, buy food and satiate other basic needs. inflation or deflation, it does not really make a difference, you still pay your rent on the 1st of the month. rich people on the other hand have plenty of thisposable income that they can sit on for long stretches of time. that's why inflation exists, so that these people have an incentive to reinvest this money in the economy since otherwise it loses its value with time. with a deflationary currency they can just hoard their coins and watch as they get richer. it's the ultimate form of rent seeking. if you think that is a good plan then you do you, but this narrative that bitcoin is going to help the poor people of el salvador instead of lining the pockets of their corrupts government is frankly thisgusting. i know that you guys have trouble understanding how a real economy works but even you should realize how fucking deluded you are with this thing.
it is not about startving, sure you'll buy your coffee and meals, but you will become so spending-averse that you'll drag the whole economy down with you. economy grows when there is healthy spending, healthy spending is when you have something you want to get rid off in exchange for something that you want, that works best with gradually depreciating fiats, or cryptos which dont have hard-ass coin-supply limits and thus gradually depreciate over time. economy-101 baby
well, tell that to any hard-core hodler around here. or better yet: try paying them their monthly salary in btc, then see how much they spent and how much they put into savings for retirement etc... scale this model to a country'll see economy tank as a rock in an empty pool
ive answered this here:
no you am not got one i have not already earned myself. ;)
oh shit , i'm sorry
actually, the mode is the value most represented in a data set.
5'9" is the average height in the us, all races taken into account. most people in the us tend to use that. us does not care about the rest of the world lol
iq is a normal thistribution by definition
nah because the probability of having an iq of any specific value is 0, it is just that the probability of your iq being **around** 100 is higher than any other number.
which is not what the op said. they claimed that there are more people with an iq of the average (eg 100), than there are people with an iq of any other number, which is wrong. in a normal thistribution, p(iq = 100) = p(iq = 130) = p(iq = 273) = 0.
a is the where you got butt hurt lil boi
greenland is a dependency of denmark. it has its own flag and all that stuff, but it is not a sovereign state. you need to study geography mate (edit: greenland is a country but not a sovereign state. i used the word "country" in the colloquial way, but i was wrong in the technical one)
how is this happening?
i am not a geography teacher, so i would not talk too much about this topic. but the most important thing here is that el salvador is definitely not part of south america
i agree with you. i was just kidding. i know that **only some** americans are bad at geography, not all of them. the same thing happens in my country. people could be really ignorant sometimes, no matter their nationality.
american here. midwestern education. not too sure what state you were educated in but mexico is a part of north america, it’s not just the english speakers. there was something that was created in the 90s called nafta. it’s the north american free trade agreement and surprise there are 3 countries in nafta. the funny thing about all of these threads. it is depending on where you are born, raised and educated changes your perspective. mexicans don’t divide the americas in to north, central and south america. it’s just america. they only teach that there are 5 continents not 7. america, europe, africa, asia, and antarctica. one could also make the argument that eurasia is actually a continent (not divided into europe and asia) and oceanea is the pacific islands and australia.
yeah. you definitely need to change the name of the country. it does not bother me but it is confusing the fact that both the country and the continent have the same informal name. i know it would not happen, but idk. i'm just saying
those people are numbnuts. let them soak in their own stupidity, and just be glad you're not one of them.
central america is a thistinct entity from north america. if you think continents are the end all be all for defining political or legal boundaries and borders... geez i do not know what to say to that dude
no, it does not matter. i was just clarifying.
wikipedia article about north america (in english): [ in the article (the last paragraph is the important one): >the united nations formally recognizes "north america" as comprising three areas: northern america, central america, and the caribbean. this has been formally defined by the un statistics division. > >"northern america", as a term thistinct from "north america", excludes central america, which itself may or may not include mexico (see central america § different definitions). in the limited context of the north american free trade agreement, the term covers canada, the united states, and mexico, which are the three signatories of that treaty. > >***france, italy, portugal, spain, romania, greece, and the countries of latin america use a six-continent model, with the americas viewed as a single continent*** and north america designating a subcontinent comprising canada, the united states, mexico, and saint pierre et miquelon (politically part of france), and often greenland, and bermuda. you need to stop living in a bubble. there are more perspectives out there.
hey, good on you to not be a total dick about it and just politely correcting a person on a mistake!
well, when the majority of people in the americas and europe say it’s its own thing, you’ll be in the minority and they will call you out for it. only the english wikipedia considers central america to be in north america. spanish, portuguese, french, german wikipedia consider north america to be only mexico, canada and usa
so are you saying that people in brazil say they are from america or are you just wasting our time with an argument that you know doesn’t really have legs
so can google results
que sabes vos? de donde sacas que soy gringo que pasaportes tengo dos y ninguno es gringo. no entiendo que son las ganas de thiscutir algo de que claramente no sabes nada. lo que te estoy diciendo, y seria facil de ver si no fueras tan tarado, es que en el mapa que pusieron, no estan en verde ni salvador ni panamá por que el gringo pelotudo que lo hizo, al igual que vos, no saben nada de geografía.
nobody is claiming that bitcoin will solve poverty. no clue who you are talking to. >inflation or deflation, it does not really make a difference, you still pay your rent on the 1st of the month. this is utter nonsense. inflation makes rents go up year over year. deflation makes them go down. how is "paying at the 1st of the month" even remotely close to a relevant comment? >have an incentive to reinvest this money in the economy since otherwise it loses its value with time. with a deflationary currency they can just hoard their coins and watch as they get richer. it's the ultimate form of rent seeking. you've got it completely backwards. in a deflationary economy, the rich would hoard cash. who fucking cares? can you eat cash? no. in an inflationary economy, the rich instead hoard **everything you need to survive** and price you out of owning those necessities. the rent seeking occurs **under inflation**. >narrative that bitcoin is going to help the poor people of el salvador instead of lining the pockets of their corrupts government is frankly thisgusting. these governments are **already** extremely corrupt. what the fuck are you talking about? you know what's thisgusting? your obvious and extreme ignorance.
healthy spending is capitol that is allocated efficiently. a deflationary currency standard will certainly force a drain on superfluous spending and investing in equites and housing in the short run. but let’s remember the stock market is not supposed to be a savings vehicle it’s a speculative investment market. on avg the s&p 500 is not providing a real return over the last 20 years as its only broken even with the money supply. housing is being inflated away from younger buyers due to the premium being placed on it as a hard asset. btc fixes this. housing prices will rerun to affordable and reflect there real use case value like gold would be for its industrial purposes. people would be more careful with there investments and only invest in companies that can turn a profit or are innovating. and consumers would spend less on shit that doesn’t matter. society would shift to being more technology and improvement focused marking better products to compete for your btc. would there be less spending probably because the mindset does change but society would move faster into the future. inflationary fiat always fails, every time and the wealth gap is increasing at a rate that is not tolerable. our debt spiral only has one solution and costs of us gov spending like medicare and medicade and military are only going to go up. this increases national debt and will cause us to borrow more so we will print more. servicing this debt will cost more so we will print more. hyperinflation is coming unless we bite the bullet and go through through the worst depression of all time. hey also did i mention deflation is already here. technology is deflationary and europe is already seeing real negative interest rates, the us is not far behind.
we should only be spending money on things we need so that we save the fucking planet. spending on things you can live without because you have expiring fiat coupons in your pocket does not help anyone. you are wasting human and material resources on things you dont need instead of leaving them available for people who do need them.
personal opinion: if our economy will collapse because people start saving more and spending less, then our economy was already too extravagant and we deserve a crash. millions of people living beyond their means is an unsustainable drug high for the economy that comes at great personal cost too many people. let's switch to a system that incentivizes responsible spending, even if we have to have a crash to reset the baseline of our economy.
as we have seen in spades over the last 2 months, plenty of people sell bitcoin for their own multi variate reasons. people will buy anything when it suits them and sell anything when it suits them. they shouldn’t be coerced to buy through financial repression.
this argument is moot. it’s like saying people who invested in good company’s like msft in the 80’s and held because they new it was going to the moon are bad for the economy. ever been to seattle? it was built on the back of msft and there are a ton of mansions and rich people rolling around spending cash. msft stock was a deflationary asset compared to cash but people still sold stock and bought things. what your missing is this is a short term effect the returns on btc are diminishing and once it reaches maturity will only grow at pace with world gdp about 2-3% as it would represent some portion of the worlds total assets. no one ever stopped spending because there bank account was kicking off 2%.
big man sitting here shit posting
ah my bad, this is the right answer. ;)
the mean, median, and mode are all the same in a normal thistribution (bell curve). iq is normally thistributed. male height is normally thistributed, female height is normally thistributed. human height is pretty close to being normally thistributed.
also, the average human does not measure their height with their foot.
i’m 5’2”, does that make me special?
i stand corrected then, i remember it was divisible by age hence didnt think it would be a standard thistribution
that doesn’t make it not a country. that makes it not independent. so again. you’re an idiot. :)
thanks to google everyone thinks they’re a genius
true story. its sad when you're trying to do stuff but people only see the stereotypes.
you did not read what i wrote.
a continent is defined by plate tectonics, not politics. i cannot believe i'm having to explain this to you.
historically, i think even english speakers used to consider america just one continent. think of the phrase ["columbus thiscovered _____."]( but in this case i think the important part is that central americans refer to themselves as such (it is even on their plates!), not as north americans, so i tend to go with that.
admitting to a mistake does not seem like your forte. fact is: el salvador is on a continent called "north america". be glad you've learned something today, and stop trying to fight it with ridiculous copy and paste attempts.
it’s not really my definition. un made that definition. any country that is a part of un can adhere or attempt to change the definition. also, i don’t like being a minority. i already am one.
nops! people in brazil know the name of their country, simple as that.
okay i did and it said: “any of the world's main continuous expanses of land (africa, antarctica, asia, australia, europe, north america, south america).” so why is europe and asia separate continents? they’re the same land mass. is india in europe or asia? are russians asian? is central america part of north america or south america?
que poca comprensión lectora... no estoy hablando del mapa este, estoy hablando de la boludez que decís que américa del norte es un continente y que abarca america central. eso es lo que dicen los gringos. vos de seguro sos un gringo si decís eso, en ninguna escuela de america latina enseñan semejante burrada. america central es america central, porque pertenecería a américa del norte? 😂
>this is utter nonsense. inflation makes rents go up year over year. deflation makes them go down. it's actually the other way around, if your rent remains constant then it effectively becomes cheaper (as in, if you pay , you rent is effectively lower). in a bitcoin world you'd have to renegotiate your rent to a lower value every year to follow deflation, or you get shafted. >you've got it completely backwards. in a deflationary economy, the rich would hoard cash. who fucking cares? can you eat cash? no. when you take a loan, where do you think the money comes from? when a company raises capital, where do you think the money comes from? it's people who have "spare money" who reinvest it to make a benefit. that's literally the "capital" part of "capitalism". >you know what's thisgusting? your obvious and extreme ignorance. right back at you, cultist.
have not much to reply to these mostly valid points. but im glad to see it is possible to have well argumented thiscussions on this kind of sub
this. technology is deflationary, technology is abundant, and our inflationary system is fighting a losing battle against it.
the spending and debt oriented economy is a run away train. the only way to keep it going is to go faster and faster, there is no stoping or even slowing down. growth for its own sake, good or bad, every business must grow or die. populations must constantly grow. if population is not growing fast enough, must bring in more immigrant work force and customer base. how anybody can argue this is a good thing or even if its sustainable, is beyond me. sure deflation will create its own problems, but we must bite that bullet sooner or later. and the longer we wait the worse off we will all be.
agree. but in the short term, all saving would crash the economy so bad there wont be any resources left for fighting global warming, and that fight needs heck of a lot of resources, finacial, technological, scientific etc, sitting on our asses or hugging trees wont do sh\*t to save our crumbling planet
personally, im all for the type of economy you've just described. but realistically, i i would bet 5% of my money that this would ever work, on the planet earth that is
>they shouldn’t be coerced to buy through financial repression. agree, but this is how it works. as a business owner i would much rather see this "repressive" model, than use a currency which encourages my clients to save rather than spend
not really, actually sat in the drive-thru banking line just replying to your questions.
that depends if you are human :d
> i remember it was divisible by age the name comes from dividing by age, but that concept was quickly abandoned, over a century ago.
we're both kind of correct. this greenland and denmark thing is similar to what happens with england and united kingdom. they are countries within a country (sovereign state to be more specific). so yeah, technically talking greenland is a country, but it is also not in a colloquial way. and greenland is definitely not a sovereign state.
does geography define the legal and political boundaries relevant to bitcoin? this is why people on the fence do not hop over. either these are pathetic attempts at manipulation or just complete ignorance to how the world works.
did you read the whole last paragraph??? >france, italy, portugal, spain, romania, greece, and the countries of latin america use a six-continent model, with the americas viewed as a single continent and north america designating a subcontinent comprising canada, the united states, mexico, and saint pierre et miquelon (politically part of france), and often greenland, and bermuda. why so rude dude. chill out
they are on the same landmass but they are on different tectonic plates hence why they are different continents
primero ya te dije, no soy gringo que necio por dios. soy tico y soy español y nada mas. segundo, si buscas ya sea en wikipedia o sea en otro lado, el salvador (panama es otra cosa porque antes era parte de gran colombia entonces es parte de america central pero no centroamerica) pertenece a centroamerica que es considerada como una sub-division de norte america, al igual que el caribe. no se que mas decirte, si lo aprendieron diferente en argentina o en donde sea que sos diay eso es tu problema no el mio.
>it's actually the other way around, if your rent remains constant it does not remain constant. rents go up all the fucking time. you signing a 10 year lease over there? >when you take a loan, where do you think the money comes from? when a company raises capital, where do you think the money comes from? it's people who have "spare money" this is a gradeschool understanding of our banking system and is completely false. we have a fractional reserve banking system with reserve requirements at 0%. when a bank creates a loan, it does not come from a deposit. the credit is created from nothing and is extended to you. >in a bitcoin world you'd have to renegotiate your rent to a lower value every year to follow deflation, or you get shafted. cool. then renegotiate. it's not hard. at the same time you'll benefit on your wages appreciating in value. >right back at you, cultist you are clearly ignorant about extremely basic economic concepts and the functions of our banking system and yet you cling to "common knowledge" on the topic, and unironically believe you are an authority on the subject. guess who is the cultist here? fucking idiot.
>nd that fight needs heck of a lot of resources, finacial, technological, scientific etc too bad the vast majority of those resources are being wasted on producing absolutely useless consumer plastic. your "solution" would have us continue to actively harm the environment en-masse in order to... stop harming the environment? nonsense.
the planet is pretty resilient. all we have to do is quit fucking it up and it will recover, it does not take huge resources to fight global warming. and even if it did, the first step is to stop making the situation worse, limit the damage we are doing, and then work on fixing any problems that are not self-correcting. continuing to make the situation worse while hoping to fix everything sometime in the future by throwing resources or technology at the problem is foolish.
i agree with your realism. btc is that bet. we all get to choose whether we bet 5% or 50% or 95% on that future.
i'd say realistically our current unsustainable spending based economy would not last. it's days are numbered. just because it was around for 100 years does not mean its the norm, 100 years is insignificant in the grand scheme of things. could it last for another 100 years? maybe. but i'm not betting on it.
i own a business too and i too benefit from increased spending. however, that doesn’t preclude awareness of the benefits to society as a whole of turning down the temperature on the melting ice cube that is the dollar.
your clients must be the wealthy then as the current inflation trajectory is robbing most people of their purchasing power. i understand if you have a lot of hard assets and are benefiting from the current climate but concentrating the wealth into the hands of a few leads to an unruly populous. you may have noticed things are getting interesting in the world and it’s clear in the usa that the increasing wealth gap is the cause of many of the issues. following your argument stream here your only point is people need to keep spending or we collapse. there are tons of economies all over the world that have much higher savings rates and are doing just fine.
why do not you drive-thru the bitcoin blockchain into your brain so you can learn something lol
stating facts that aren’t pertinent to the thiscussion is a narcissistic tactic to make yourself sound knowledgeable about a subject you are not. you said greenland wasn’t a country. you were wrong. have a nice day.
what legal or political boundary divides "central america" from north america? there is not one, because "central america" only exists as a concept to subdivide north america for conversational purposes. i could decide to call canada"polar america" but it would still be part of north america.
one is a political view, the other (what i said) is a scientifical view. science is the same everywhere. you would not find a central american scientist saying "el salvador is not in north america."
okay now do africa, the middle east, and india
sos tonto? se nota que sos mitad gringo, porque decís que américa del norte es un continente y america central está adentro de américa del norte. ni la wikipedia en español dice eso. [ejemplo 1]( [ejemplo 2]( [ejemplo 3]( es obvio que vivís en estados unidos o algún país anglosajón, no se si ves los ejemplos. pero dice literalmente en el ejemplo 2 que está comprendida entre america del norte y américa del sur. solo los gringos dicen que america central está adentro de américa del norte (o que américa del norte es un “continente” el único continente es america) [y acá tenes a gente que piensa lo mismo que yo, para que no digas pavadas](
always blows my mind when i see pro inflationary arguments getting upvoted in the bitcoin subreddit. like, why are they even here? anyone who accepts the inflation argument should be happy with the current monetary system, if they think it is necessary that eroding wages and savings is needed to artificially boost mindless consumerism to keep the economy going, then they should be shoveling their investments into assets that reflect that logic. why would they invest in a currency specifically designed to reject the inflation theory? there needs to be a massive sticky at the top of this subreddit debunking the popular conjectures of inflation, none of it holds water at the slightest investigation, it is all propoganda, it is all supported by cherry picked case studies (and conveniently ignoring similar destabilizing events caused by inflation)
don't you think forcing people to spend is kind of like smashing their windows so that window repairmen have work to do? surely the net sum impact to the economy is negative as we are just wasting peoples time and money. you could literally not smash the window in the first place and the window repairman and you as a team would have more time and money.
>all we have to do is quit fucking it up and it will recover, nope, you know what happens when golf stream stops? - all the hell breaks loose, it is like nature's house of cards - it will start to collapse on it is own. then it may take upto a 1000 years to restart the stream and then gradually get rest back to "normal" - another 1000 years. the naive thinking that if we suddenly stop fucking it up, nature will start to automatically recover is way way wrong, there is momentum to certain natural processes that takes heck of a lot to reverse once it is past it is point-of-no-return. that's why scientist where pushing hard to limit the damn global temp increase to a 2.5degrees, because after that ... it wont matter anymore what we do, the "sky's" gonna start to fall on us regardless
rodger that, but right now we're on the brink of climte change turning into irreversible snowball, and we have 10-20years max to stop that shit from happening, not 100years
>i own a business too and i too benefit from increased spending with deflation, you'd also benefit from decreasing costs.
it is sorta my vision too - i would rather have a society that is not so hellbent on consumption, yet with the structure of human psyche and habits this civilization has formed over 1000s of years, it is more of a pipe dream to transition to such society
>over the world that have much higher savings rates you probably had in mind countries with much lower income inequality compared to usa. yes, scandinavian countries come to mind, but the consumption their is pretty strong still. if you stop consuming, your economy starts to shrink, no two ways about it. as for my business, im in eastern eu, and my clients are all lower-to-middle class, but mostly lower-middle class
wow, that is it? you need to step that game of yours up. having said that i would love to pay my guys in bitcoin. if anyone can understand what crypto could do on a global stage it is someone who has lived their adult life overseas. unfortunately, i have seen what a pissed off caribbean building site looks like when the machetes come out, so until they make bitcoin a legal currency here or hide all their machetes they get cash.
i used the word country as sovereign state, like many people do. for example: when we talk about european countries people generally say spain, france, denmark, *the uk*... we do not name england, scotland, wales and other not sovereign countries. we generally name the sovereign ones. so in that way greenland is not a "country". but at the same time greenland is technically a country, just technically at the moment (idk if they want to become an independent country). i have to admit that i thought greenland was just a territory. it was my mistake. anyway, i'm trying to understand why you're rude. i had not been unrespectful to you.
an international one does exactly that. just sad...
we have not specified the criteria, but in general, we latin americans use the politcal-geographical one. or even in some cases the ethnic one: latin america and (anglo america? idk the term in english). i have not known your classification until this day. our perspectives of the world are different.
the goal of a continent definition is to break the world up into regions, typically separated by large landmass of water. smaller tectonic plates generally get lumped in with neighboring plates. depending on the convention you use you could assign 5,6, or 7 continents. note you will also get a different answer based on if you talk to a geologist or a geographer because they have different definitions of what a continent is
>don't you think forcing people to spend is kind of like smashing their windows so that window repairmen have work to do? that's actually a great analogy. i'm stealing that from you if you do not mind. we need to destroy the environment to save the environment is the the equivalent of we need to smash your windows so that we can pay someone to repair your windows.
modern plastics industry were result of pretty hardcore advances in chemical engineering, but guess what, if we stop science and engineering, we are getting nowhere close to solving our problems, the same scientific progress that got us all into this mess, has a fighting chance to get us out of it. eating grass and hugging trees will not save us, not now anyways
you've been reading too much fear propaganda. you really think we should keep digging ourselves into a deeper hole in hopes of maybe creating technology to someday reverse all the damage that was done? you think we're already past "the point of no return" and even if we stop damaging the planet now, its all going to fall apart regarless? that's completely wrong. yes some damage is irreversible. we could have some changes to weather patterns, flooded coastlines, etc. that could be permanent. but no, the sky would not fall, we'll just have to adapt to the new weather pattern. and its "gulf" not "golf" lol.
lol "the day after tomorrow" is a fictional hollywood movie, its not a scientific documentary.
just remember... btc solves this!
sorry i was a dick. i needed a snickers.
an international what does exactly what? what's sad is your inability to form a cogent thought.
yeh sry i was being pr*tentious. also i heard there’s like mountain range separating asia and europe, so like it was basically an impassable wall so they’s also kind of why they are separate continents i think. also you seem like your smart
so do you think if i go out now and destroy all the cars on my road i am helping the economy and the environment? what if we bulldoze the capital of every country and rebuild it? that would help right? think of all the skills people would learn.
>you've been reading too much fear propaganda. no, ive read reports from scientific research papers >you think we're already past "the point of no return" nope, did i say so? where? >yes some damage is irreversible. damn you're so effin ignorant. there are already process that are moving into irreversibility territory, like melting permafrost automatically releases tons of methane, this gas increases warming pace at about 50x faster than c02, and the cycle repeats all by itself (more warmth, more melting of permafost, more methane, repeat), without humans even doing any shitty thing of their own. there are changes to the golf stream already, but if we let them propagate, it will become def. irreversable. just google "what happens if gold stream stops", i wont go into it here. and if that happens, it is game over. and we better not be naive like you are and let that shit happen. cryptos will be the last thing one your mind once its starts
10-20years will not bring as hollywood level effects (there will be some), but it will bring us to the point where it wont matter what we do anymore, the climate collapse will gain such momentum, that efforts of humans will be absolutely dwarfed and practically useless to stop it. that's why it is called a brink, a point-of-no-return, the 2.5degree warming limit, there are many names to it. but i dont live in a holywood fantasy land, i visit sites like [ instead
??? you just did a left turn right on to obvious street.
lol this whole conversation amounts to “all squares are rectangles, but not all rectangles are squares”. with each of you thisputing one part.
yea for sure. some classifications have lumped europe and asia into a eurasian continent :p get a bunch of geologists and geographers drinking and ask them to debate the continents, almost guaranteed to be a good time.
your tactic is called [ \- it flies right past me
why do not you buy them all machetes with bitcoin... problem solved!
you sound like you must be a geologist or geographer. i’m neither of those, but i think the earth and rocks are real cool, so i’ll drink to that, brother.
keep telling yourself that building mansions and buying gucci bags is helping the economy.
i was having a bad day that day. i would like to apologize for my attitude. job done, no need to reply, but that was not my best moment.
i am sure you got told this at school but i will try again. "read the questions twice before you try to answer them." ;) now have another go at the machete equation. no actually do not bother. this is boring. happy hunting.
doing my msc in geography!
edit: [issue : this is the opposite of owning the framing by marty bent is also a good read on this issue ]( this is some weird subversive collusion reminiscent of [the blocksize war \(everyone should read it\)]( more to come. dear allow me to use my exorbitant privilege of green stickied comments to make the following rant. this is my personnel opinion only. to elon musk. fuck you. ~~to michael saylor, fuck you too.~~ to the miners who collude to censor bitcoin transactions, have a big, fuck you. to the idiot miners who go along with the esg agenda, i encourage you to reconsider. with some of that rage out of the way, lets get down to the concerns & implications of recent fuckery in the bitcoin ecosystem. setting the scene: so we got saylor, he comes in like a bull in a china shop and we freakin love him for it. gets all that clout and a mass following by plebs who do not know any better about cults of personality in the bitcoin space (they all get sacrificed in the end). most ego's in this space get greedy and lose the signal to pump different bullshit. which is usually fine when they move on to their different projects and leave bitcoin alone. but this time, it feels like they are gunning for something at a bitcoin protocol level, and i'm pissed about it so i'll try my best here to call them out on what i feel is going on. then we got elon, that poor tragic soul. he does not last long and has started spreading general misinformation these past few weeks on such a subversive level that you wonder if he is trolling or compromised. next, marathon patent group and dmg. these fuckers get the bright idea to only include "ofac approved" transactions inside the bitcoin blocks they mine. great, you're allowed to do that! even if it means you lose mining revenue for doing so, and even if it means you still include ofac violating transactions in your blocks. hey, at least it is a good headline and gets the regulators hard. fucking idiots. for any mining pools or operators who are considering this slippery slope, know that it is a bad idea for you and your operation long term. you will not have community support for virtue signaling or appealing to unenforceable regulatory burden, or by lobbying to impose your bullshit standard on other miners. once we start with "ofac approved" blocks, it never ends. you give an inch, you give a mile. this is just the start to a slippery slope of censored bitcoin transactions. **so with those three elements (saylor, elon, marathon) and a few other bitcoin miners all in one room behind closed doors, they decide to form** [**a cartel.**]( ...maybe this was inevitable. but to you few who see what i see and feel what i feel, rage against the dark for you only burn once in this life. to [hut8 mining]( [argo blockchain]( [riot blockchain]( [marathon digital holdings]( [hive blockchain]( [galaxy digital]( [core scientific]( [blockcap]( i ask, are you a part of a intelligence agency run mining cartel? it's a rhetorical question as you cannot know the answer to this question. you should be operating under the assumption that such things are possible and proceed accordingly. cautiously. ie, not at all. for you independent miners who use any of these pools and can switch, do so now, ideally to to you fucks who are fucking around, [we see you](
affiliating musk with btc is playing with fire and a very bad idea imho. it should be about the coin, not the person!
what the fuck does elon musk have to do with a bitcoin mining council?
🤔 billionaires hold a private meeting to form a btc mining council? without any form of consensus? (except their own) to promote their idea of ‘energy transparency’ on a borderless, decentralised digital currency? fuck me, may as well of held the meeting on jakyll island. no doubt saylor showed musk where he intends to get the btc tattoos on his thighs.
only days after elon‘s [saylor moon](
there are already miners pursuing mining with clean energy (in na), saylor and musk are not required to dictate the future of bitcoin
fuck both of them. they do not care about you, stop worshipping them. and stop letting them take over.
i do not give a fuck what elon musk has to say honestly. so sick of this guys 2 cents on every topic.
fucking elon is trying to become the bitcoin jesus satoshi never wanted to be. how can we stop this?
who tf appointed michael as the saviour of bitcoin and why do we need to convince elon or anyone else about bitcoin energy?
insanity. no sense of history.
please tell musk he can go fuck himself. egotistical asshole. i've heard more than enough from him.
i don’t know why everyone so happy about this ? did you all forget 2017 ny closed door meeting ?
whoa what about decentralized tho
that sounds like a... centralization?
think about this for a second. why would any self respecting miner who put their own resources to mine bitcoin be part of this coalition? what do they have to gain?. bitcoin is decentralized for a good reason. any effort to centralize it will defeat the purpose. it appears, these people are turning bitcoin ecosystem into a popularity contest.
this is all planned
i think most people are overreacting, i see this is as positive. this is voluntary, self-thisclosure about energy usage in an attempt to make the space more transparent and palatable to potential investors concerned about bitcoins carbon intensity. miners are doing what they are supposed to, following incentives and acting in their own best interest which is directly tied to the unit price of bitcoin. clearly, they feel that managing public perception around energy fud will benefit bitcoin. if miners, of their own volition, decide to thisclose a standardized report on their energy consumption they are free to do so, and i don’t see how this can threaten the security of bitcoin or represents a breach of its core values.
who are these people and why do they matter in a decentralised market. stop 🛑 making the rich, richer. hope we can all learn a lesson from this in a few months time - not allowing these guys to affect the market.
miners anyway are going into green energy so it sounds more like a pr camping to shut down this nonsensical environment fud. it will make musk shut up too. saylor is smart.
elon is totally buying the dip
the miners have agreed to form a centralized coalition. smh
miners will become increasingly reliant on mining fees as the block reward declines. this will make miners dependent on transaction fees too cost prohibitive to run operations that exclude too many transactions. furthermore, there is several ways we as users can fight back. such as directly giving even "approved" or "clean" transactions directly to mining pools which remain agnostic. it may take a while longer to get confirmed, though you would be able to strangle those thiscriminatory practices out of existence. bitcoin wallets could start to opt into combative strategies like this to direct a wide majority of transaction volume to join the fight i do not see this as ultimately necessary though. if we end up needing it, we will be ready.
since when does decentralized crypto need fucking authorities ?? shove your council up your you arrogant rich cunts
have you ppl lost your mind? who is the fuck is this guy and elon to enforce a mining council?
great. let the billionares create a coalition. fucking great for the little guy
fuck you musk. you clown toolbox. you are the worst thing that happend to crypto.
stop giving elon so much power. its ridiculous by now. he is not the crypto king.😡
having a council decide on the future path of any crypto takes away from the "decentralization" aspect thereof. would be nice if the counsel would rather host ideas and questions and have us, the people vote on the path forward.
elon proving himself to be one of the biggest kooks in existence
i find it fascinating that blockstream mining was not in the room. wonder what we know that they do not?
so - we are all just gunna agree that miners shouldn’t tell the world that they are mining green...
“big daddy musk... do you approve??” fuck those guy and what they think. everyone needs to stop stroking these billionaires’ egos by acting like we need their permission to exist. also, most of your posts are praising michael saylors. are you sure this isn’t secretly his account?
elon musk acting like he is satoshi, and bitcoin is his invention. why do people listen to him?!
ok, let me get this straight... murrica with their constant banter against china, constantly producing fud about chinese miners being controlled by the state and trying to take over, censor or attack bitcoin (of which there is not the slightest actual sign). some of those murricans are now trying to form a cartel of miners, of which some if i understand that correctly push for censoring transactions? not sure how we got there, but now i hope china does not crack down on their miners...
could we stop giving a voice to elon musk. he is nothing. he has nothing to do with bitcoin, he has nothing to do with crypto, he is just greedy entrepenuer who can do anything to survive and stay relevant. he had jumped eveey fucking popular trend or event ,even the thisasters, to make it about himself. he doesnt care about bitcoins vision and he will not when we we need someone.
there needs to be a way to obfuscate the sender and receiver of a transaction to ensure that censorship is impossible at the protocol level. optional privacy is not real privacy.
holy fuck, people. just pass some kind of halfway reasonable carbon tax and you then have a much more rational way to ensure that bitcoin miners and users have the right incentives regarding the costs they externalize...but so does everybody else including banks, gold miners, cement plants, auto-makers, and grid operators. done. everybody stop posturing about the whole mining electricity consumption "problem". stop virtue signalling about it. stop pretending you have some particularly damning argument against bitcoin because of it (and admit that you're just an irrational permaskeptic authoritarian and that you hate people having a choice in what money they use). stop pretending like it is a problem unique to bitcoin. stop trying to manipulate crypto based on it and for the love of hodl, stop being such weak-minded, paper-handed pussies about what the fuck any stupid rich person or china says about bitcoin. i declare this no longer an issue and the world is done talking about it because it is fucking stupid and a thistraction. there. i said it.
elon donates solar and tesla batteries to mining sites. mining sites become “green.” bitcoin goes up. elon make huge profit when bitcoin go to ,000...
now that elon musk has been able to accumulate more btc at a thiscounted price by orchestrating a large-scale crash, he is once again positive about the future of bitcoin. amazing ... you simply have to stop giving so much credit to a person who has shown that he is not a bitcoiner at all.
elon, just fuck off
a closed doors meeting hosted by the *elite* to make decisions nobody asked for to better comply with regulations the community shouldn’t give any fucks about. bitcoin is financial freedom, remember that.
elon musk is a dodgy grifter! i used to love that guy but the more i read into his behaviour, the more i realise that he is a sociopath
musk is now pumping btc in the lead up to teslas latest quarterly.
finally the centralization we were all looking for.
so about that decentralisation
no stopping btc at this point. don't put anyone on a pedestal.
oh elon tusk is starting to turn around a bit right after he bought the dip? who could have predicted that.
so wait, it‘s a win-win-win situation. 1. bitcoin is on its way to fulfil certain sustainability criteria, i.e. a precursor for investments by large institutions (see possible near-term approval of a btc etf; see also today’s news of goldman considering btc as an investable asset). all this is beneficial for the whole crypto space. 2. big players were able to buy in cheap. 3. elon musk (and his followers) will celebrate himself for making bitcoin mining more eco-friendly. his influence in the crypto space will become even greater. so who loses? well, as always: the small fry that was on the brink of losing precious money and panic-sold.
can we ban elon from bitcoin? he’s just a profit hungry narcissistic man child, he tried his best to destroy bitcoin for the last month, he has no place here.
way to assuage the fucking idiots.
and now a round of press, thank you!
musk can get fucked, he’s head of bitcoin now or something just because he bought a lot of it this year? he just wants to be the man who made bitcoin green, despite the fact it already mostly is. i hate the fact that people still fall for his cult. saylor can get fucked too. no one made him head of bitcoin either, just a coke head who turned his shitting failing software business around by buying a lot of bitcoin less than a year ago. enough with the rich guys trying to hijack bitcoin please.
stupid idea. but, might accelerate the destruction of non-fungible control exertion.
“ ofac” compliant blocks this is a threat to bitcoin fight
i thought we already had the cca? crypto climate accord? we don’t need elon for anything. his input shouldn’t be paraded
personally i plan to burn forests to power my furnace to get green electricity to power my miner. happy now?
can someone explain all this to me as if they are talking to a 10-year old? thanks!
seems a little too coordinated to me...
billionaires with delusions of grandeur and miner collude behind closed door to "make the world a better place". fuck them all. what's next? censorship of "dirty bitcoins",changing the protocol to be more green? kyc of users?
how decentralized of them...
musk sank bitcoin on purpose a couple of weeks ago and he blamed too much energy use. then he or someone he hired bought a shit load of bitcoin at the reduced price. he is now going to come up with some great technology to save the planet using bitcoin. they only care bout the mighty dollar.
sounds decentralized to me \s
whatever this is is turning a decentralized network into a centralized cluster of f!!! and who is this musk guy??? oh a government's tit sucker!!!
we can call this counsel the federal reserve mine.
disgusting how saylor is catering to musk
bitcoin mining council? this is not decentralization. we don’t need billionaires to form groups with each other.
man, fuck elon musk. that dude is ruining shit for everyone.
yeah. this seems like a step in the wrong direction. this sounds like more centralization again... “they” are getting they’re fingers in the crypto system and now they want to control it also... that’s the problem with “them”. they must control our society and everything in it. i i don’t like it at all.
esg is going to get weaponized often as a pretext now for capitalist gains. it happens with almost every initiative
alternative energy generation is kind of cheap (solar panels, in my case, are dirty cheap), the problem is storage. oh, tesla has overpriced storage batteries?
musk is a real world attempt at manifesting the ceo of bitcoin meme.
elon is a delusional narcissist
i’m so fucking tired of elon musk
only way to fix this is to get a large correction to 18-19k and hope it gets pressed there for the rest of the year. this should clear them out.
who died and put elon musk in charge of bitcoin. go make cars and stfu.
this is allowed in a completely decentralized market. they can do whatever they want and we can do whatever we want. if they change something we do not like, they can go off on their own chain. it's not the first or the last time.
who gives a single fuck what musk has to say.
since when this guy is the ceo of bitcoin ? a billionaire is not our friend...
fuck saylor. nothing more to say here.
sounds like centralisation to me.
i dont think you realize how bad this is for btc and crypto in general. there nothing decentralize about this meeting... so whats the point of it? might as well move my assets to fiat
please do not feed the ego. musk is a toxic narcissist.
doesn’t sound very decentralised to me.
when i saw barry silbert's tweet, i interpreted that as a bad sign for bitcoin and liquidated everything. a good decision. this is even worse. two guys who own a pretty good stack of bitcoin, trying to save their faces. north american miners? is this a joke? worse yet, they are the ceo of a company. isn't the ceo very busy? do they have time for this? oh, i sold tesla stock as well.
musk getting involved makes me want to stop buying btc and get started on a different coin….
maybe if we all stop listening to and feeding elon he will go away.
elon is proving to be the joe biden of crypto...
fuck elon. he just wants to promote what's financially good for his own interests. i cannot listen to a guy spreading incorrect information.
get elon out of bitcoin. get saylor out of bitcoin.
fuck off elon. go unionize amazon workers instead
before people were afraid of chinese miners colluding. now we are actually seeing miners exchanging business cards. this is saylor being honest. imagine all those secret meetings that were never revealed. all the big whales managed to find each other through social media
well that just sounds like centralisation with extra steps
why da fuck is elon here? annoying
you can fuck off
short tesla and microstrategy
can anyone really believe that there will ever be something in this world that is not subject to exploitation? this is how it works. people use whatever resources or influence they have. the end. musk, saylor, etc. all have their own individual interests and will use bitcoin (and every other resources they have) accordingly to whatever they want to do. and of course you should feel free to fight against what they do and criticize them, and generally act according to your own desires. of course you are much more limited in terms of resource access and influence. no coin will ever change that at the population level. there will always be haves and have-nots, and the have-nots will always be mad at the haves because there is a power imbalance and non-alignment of interests. i think we all know where this is going and that it should have been expected all along. you can try to write in whatever protections or detailed governance documents, and, eventually, what you created will be unpredictably outside of what you wanted it to be. that is how the market works.
big news out of austin, texas: state lawmakers passed a “virtual currency bill” that officially includes virtual currencies in texas’ commercial code. the bill was passed with bipartisan support and will facilitate further business and investment in texas.
musk plus bitcoin equals shitcoin
musk & dorsey are a huge threat to bitcoin. jury is still out on saylor.
fire up your nodes!
this whole post is stupid as fuck
i vote no to this council
huge whales and musk control bitcoin. decentralized what? please.
enron musk can suck a bag of dicks...
even giving him air time make's me loose respect. he's a douche bag
ok but wtf does elon musk have to do with bitcoin miners ? why are they all seeking his approval ? i do not want him to have more influence, he needs to have less
next to break our hearts and wallets: ladies and gentlemen micheal saylor
am i like the only bitcoin investor that wants a change? or is everyone else only in this shit for the money?
man saylor is such a hero to this space, i’ll probably one day tell my grandchildren about him lol
the nice thing about bitcoin is that it generated so much money it allows a lot of lobbyists to do whatever the hell they want, regardless of veracity. whether bitcoin is environmentally sustainable or not is irrelevant at this point. the whales have so much money they will be able to convince diehard environmentalists that bitcoin will clear greenhouse gases and stabilize climate changes all by itself.
market manipulation by its finest
totally agree with this. but in the end its all about game theory and incentive model laid by satoshi. so everyone of them are betting their money including saylor miners musk(though unstable) if they mess with it in a wrong way it goes to zero and they lose money, miners lose money. with few quadrillions still to capture in the marketcap its a long way the incentive remains unbreakable. may be once all worlds weath is captured by bitcoin it may become breakable but at that time it will be simply nonsurvivable fir humanity and dependence on bitcoin will make it indestructible. in simple words ignore noise and hodl on!
another day, another time i wish the crypto community would stop sucking elon’s dick
guys, let us all build on bitcoin. if michael or elon could arrange a meeting for miners to setup an environment friendly energy usage, please let them. they ain’t gonna hurt bitcoin, no they will make it better. it’s our responsibility to build and make bitcoin better. everyone could do something
covid is coming to an end 5 bucks says climate change is their next agenda to pump in the news.
free btc from egon musk. no cartels or councils here. no leaders, no saviors.
blockchain has its basis in decentralization. it's a movement away from authoritarian government and corporatism, a way for the people to actually be in control. so why do so many in the crypto keep trying to turn it into just another gov? statism is failing in california, new york, chicago, portland, seattle, etc. why do people keep trying it? its happening in arizona where i live. more and more people coming in from cali vote for policies that have turned la and sf in the homless capital of us. if you give these greedy bastards an inch, they will take it all. perfect example: irs was made to audit the gov, now look at what it does. i cant imagine how frustrating it is to spend thousands, or even tens of thousands, of your own hard earned, already taxed dollars to set up mining rigs for passive income. all to have the gov claim 20 to 25 to 30% of your profits. blockchains have their own governance, so why do we need external regulation? imagining agreeing on a set of rules for a game of tag on the playground and some kid comes and adds his own bullshit rules that dictate he is the true winner in the end, without even playing. and on top of that, he says you need his rules because you're too dumb to know what is good for you. this is the us currently. i understand the gov needs funding and they get that through taxes, i'm not arguing against that. i saying the gov no longer works for the good of the people. they sell us convience and control in exchange for our freedom and ability to choose for ourselves. tl;dr: i hate the gov and regulation and i needed to get that rant off my chest, thank you for coming to my tedtalk. also, hands off my crypto.
i'm seriously thinking about selling my btc, i can stand this grifter
elon musk is straight compromised by the ccp . fuck elon
ahh the story unfolds. elon bad guy causes btc to crash, saylor is the good guy who says its all good. they both come together to solve a problem they (elon) caused. nice one
lol the majority of miners are not even in the us so your meeting is worthless not to mention that this random group of miners has no authority what so ever over us miners. also, mlon eusk can go fist himself. no one is asking for his approval
meeting between elon musk and the lithium and cobalt miners. when?
this will kill bitcoin. concern for only profits. the suits are going to ruin it - they are beholden to the shareholder. the shareholder is a suit that manages money for other suits. they have never used, nor will they ever use, bitcoin. when it’s just about money, it’s not just. sit with your back to the wall and an eye on the exit.
wouldn't it be way easier to switch to a different coin, that does not need that much electricity?
can someone eli5 the whole mining carbon footprint issue with bitcoin?
this is what will actually make sell btc. what the point of a decentralized technology that is managed by some billionaire and a small group of people.
first they ignore you, then they laugh at you, then they buy you, then they tweet about you and then they take you over. the end.
boomer coin go bye bye.
now we can finally make the blocksize bigger!1§1
bitcoin will be completely centralised in a few years.
this is lookin juicy
michael gigachad fucking saylor. i would run into battle for this man. a true diplomat for the citadel nation.
man made climate change is fake.
retarded since it’s already better than gold and fiat trash
i personally do not understand the hype surrounding bitcoin, when you look at alllll the other cryptos bitcoin is one of if not the most inefficient crypto out there, is it because it was the first crypto or what?
so are we going to let tons of coals sit there? waste the free energy earth gives us? co2 is not pollution, carbon ashes are, which have already been filtered out 99% in modern power plants. co2 is just clean air that absorb sunlight and cause warm temperature. we should actually focus on reflecting sunlight instead of reducing coal usage.
stay the fuck away from my dick
this is not good. mining should remain as decentralized as possible. essentially they can start regulating transactions when miners start forming these kind of formal entities. it becomes a council that can take orders from the state.
the days of one cpu one vote are long gone. now there is a council.
lmao. did you also hire the 7 dwarves?
hey, you should be able to get lots of cheap miners from china real soon now.
you keep saying it is about the coin not the person. yet the outcome of this whole thing is to improve the coin and some of you are so caught up on your elonhate that are making it about the person. not the coin. smfh
saylor is the new macafee (sp?)
centralisation of bitcoin is here, it is a new shift in the paradigm of finance. bitcoin was created for the people, if it remains for the people it is positive. supporting this space is essential for growth to go mainstream, so just hodl...decentralised of coins are your other option. arrr...
under the administrative procedures act, cannot be arbitrary and capricious in applying federal agency rules, unfairly. i'd argue the esg rules application only to btc and not fiat violates the apa. gary needs to sort this out or someone's gonna sue.
cartel in the making. centralization banzai!
why is everyone complaining about the dip? it’s not in your best interest to buy in at , but if you buy in at ’s a steal and you’re seeing the effects if you bought more yesterday. dropping your average cost and increasing profits. why so sour about extra profits
this is actually a really big news !
elon is like an abusive partner. we come crawling back for his “love and support.”
proves elon is just a regular old genius. no supergenius status for him, he has been looking pretty silly lately.
elon is a “woke” rag. he is losing ’s money on his rockets & taking , evs that run off the grid, powered in the main by fossil fuels!
i wish i could go back 3 months and see your comments about musk...
my guess is elon tried to introduce tesla’s solar product and battery wall system to miners. and after that, tsla can accept btc again. and elon might have bought some cheap btc this time. the miner companies can use green energy to pump stock price.
what the actual fuck is this? oh that’s right, a couple billionaire assholes thinking they own bitcoin. don’t worry friends just hodl and trust in the fundamentals. elon’s on my shit list and i’ll be keeping a close eye on saylor.
did you ask him about the kids in the acid mines in africa ? that dude is a fucking cunt.
and i still do not give a toss what em says on the subject, or those sucking up to him think.
look, does musk speak "cryptically"? why yes. yes he does. look at tesla models model s then came model e then came model x and then came model y what does it spell? elon needs his car factory in china. to keep it going, he has to please the ccp masters. ccp shuts down bitcoin miners and the hash rate falls. later musk tweets about a friggin-flooded coal mine that caused the hash rate to fall? really? he not only pleased his ccp masters but he also broke it off in their ass at the same time. he used chinglish in reverse. brilliant on his part. musk is doing nothing that googletube - twitit and zuckbook are also doing. they all want to get into the market in china. to do so they have to prove to the ccp that they are capable of censorship - stopping thissenting opinions and controlling the narrative.
lol. just like carbon taxes on western nations this is an idiotic idea. "we in the west are already at a thisadvantage that is why we are going to actively shoot ourselves in the foot to please the playboy technoviking elon musk? you guys are insane!!!!
these guys literally just came into the space and are actually tryna take it over already. wtf
elon is using crypto to suck up capital in order to find his flight to mars and electrifying global fleet. tesla was almost killed by short sellers. he needs to diversify his capital market instruments.
in case we’ve all forgotten the founding principle of bitcoin: trust no one! bitcoin does not report to elon musk or saylor, and the decentralised nature of cryptocurrency means there cannot be any council of anything. this is a dangerous path to take, and it’s the first time i’m seriously worried about the integrity of my assets.
i decide to invest in bitcoin because elon is to volatile
i do not care. can i just buy a 3080? that's the real question. yall invest those trimilllionzillions into something that will let people buy gaming gpus ffr.
we should oppose these kind of meetings and groups else we are heading to censored bitcoin transactions.
a jackal is a jackal is a jackal . lol they only want to help you
can we please boycott elon. who the fuck does this twat think he is. just stick to you carbon credit hustle crook.
i always wondered why people unironically thought that elon musk had an influence on crypto... didn’t realize he just influenced people to sell
this sounds like a ploy on musk's behalf to shill his tesla solar panels and other equipment
fucking pump and dump assholes
so elon the hypocrite is going to pump and dump btc again to boost his failing tesla ? what’s new.
so the bags have been filled for the bull run to continue
china owns majority of hashrate and could literally 'hack' bitcoin if they all come together: i sleep saylor does something: real shit aren't you guys more worried about china?
green mining is not a bad idea per say... i am concerned who is leading it.
how convenient. after some noobs lose their asses. and stop with the “people deserve to lose if the sold early bs.” nobody ever deserves to lose money. that’s a lousy dirtbag frame of mind. it was all designed to be as such and shame on communist elon. fuck that guy. and fuck you. he should be ignored at this point.
so are they trying to form a ~~cartel~~ coalition to strong arm decisions in btc and push it in a specific direction or something? that's what it seems like to me, but maybe i'm missinterpreting something? either way, i'm quite new to actually paying attention to all this, but that feels like...the exact opposite of the intention of crypto?
sounds like slapping on an "organic" or "non gmo" label to food. a lot of fancy advertising and footwork for the same stuff. i agree it sounds centralized: but it is a truly free market, miners can form a mining council and recommend all they want. the market will decide. what a freaking year.
stick to cars welon
can’t anyone mine bitcoin? having a “north american mining counsel” is retarded. i could legit buy a fat gas turbine, buy barrels of oil and burn gas myself to create power for my btc miners for example. in and outside north america... even inside north america, this counsel can’t do shit. this is opening doors on who (and how) can mine btc. isn’t most of mining in china anyway where they have huge amounts of surplus power? wrong country buddy. this is just a marketing stunts for retards to like elon again. does not change anything for btc just like his previous tweets
this is just part of the process for btc adoption. the big egos have to get in having missed it for 10 years and pretend like they are taking up the mantle of the development. these are guys that made a name for themselves as tech and finance gurus. so to keep the image up they have to corral btc as if it is their own . it cannot ever be and that is the point of this type of tech. eventually this will pass. and adoption will create too big a force that any ego or egos could possibly control. this is just more proof that btc and crypto are so early, so green with so much room to grow.
bruh this is the opposite of the point of bitcoin and crypto in general. we're really going backwards are not we
where are you tapped in that you get all of this info? i run a node so i should say more in touch on what i'm changing with each update.
entertain that baby and you'll never stop having to appease his whims.
unpopular opinion: we do not know enough yet about how they plan to implement this. may be voluntary? could be a small price to pay for the masses to change their view on bitcoin being dirty (pollution wise). i see this as neutral news.
elon, you fuck stick, stop it.
this guy is nothing but a great arguer and an example of how smart people do stupid things.
who made elon the representative for btc?
elon is s douche bag why would you associate yourself with him.
"to elon musk: f you!". could not have said it better.
when the propaganthists try to take you down with empty virtue signalling, just meet them with more empty virtue signalling. whatever works.
elon fucked amber just so know. talking about billionaire choices.
the entire system is rigged from top to bottom. the rich get richer. we are left holding the bag!
bitcoin doesn’t give a shit about this news.
stop associating musk with bitcoin
not not this musk again... let him just be, no one cares what billionaires think anymore. let bitcoin be bitcoin.
since when is this motherf empowered to shape the direction of this coin and technology? he is an egotistical freak.
and how much do the north american miners mine compared to the global ones?
so elon is cool with unions as long as they help him, got it...
to the point tweet! no other shit
a cartel of miners. “bicoin mining council.” “ decentralization.” you are all clowns
now hang on a second, that sounds like centralized propaganda!
i don’t understand the “but, decentralization!” anger on this thread. i mean, i get it, but **miners don’t control the network; full nodes do**.
elon musk is just playing a game with bitcoin.
everything about this screams conflict of interest from all parties involved
they have tried. they have failed. the protocol is the way.
bitcoin should not be influenced by any single person like that.
can he also call a meeting with china to sort out the stupid shit ?
hey does anyone know if lithium mining is eco friendly?
i absolutely 100% agree with the slippery slope statement. embarrassed t o say i also looked at saylor and musk in the past in hopes of positive vibes for btc. but "thankfully", this has shown me that nothing has changed. power does not want to share, in the end. and it will always corrupt.
the next big reset for bit coin will be the congressional elections. even then it’s probably too late for the dollar.
elon wants his hands in every pot so he can credit when it takes off. it’s not enough for him to be a part of something. he feels the need to take over and lead it, even when he isn’t wanted.
we can stop him!
why was elon musk involved?
bitcoin is us, if there is a council is all of us. not something secret
and this is good how?
laser eyes are not enough for him
wow this is actually a great thing, particularly because although this played out in the market, which obviously affects price, at least we openly had a debate about btc's future and the direction we would like it to take. perhaps each country could compete for renewable bitcoin mining. people would likely prefer to buy bitcoin from an exchange, or even a bank, that guarantees via government regulation that the mined bitcoin uses a majority percentage of renewable energy. you guys who think that the establishment will not form business around bitcoin are not getting that this is what it is now if there is institutional adoption. it has to go through this process. mind you, this is still bitcoin. the fact that it is still master-less and decentralised is exactly why it is like something else- it is like a commodity due to the decentralised nature.
to make it centralized? dude doesn’t even know what he is trying to do and consequences comes along with it.
it's embarrassing how musk is even in the same sentence as "sustainability"
i am just glad that anyone who had their head far enough up elon's ass was able to sell before he made stupid claims and buy again before he decided to save the day.
elon sucking back up to btc after being a key figure in helping to cause our most recent crash. fuck this narcissistic billionaire, we dont need his unwanted input.
well, we're all musks whores now. didn't see that cuming.
personally, i'm just gonna keep sticking to my fundamentals, which is to panic only when devs capitulate. and in the worst case that the protocol *does* capitulate, satoshi nakamoto's ideas will still be alive and supported (a lot of the comments on this sub prove that), and some other crypto will take its place.
so they can decrease their overheads and mine for more profit.
bitcoin is going down. look at the descending triangle
now michael saylor-moon and elon musk-ito think they are the new owners of bitcoin and they have the mission to set new rules for bitcoin. in the moment these two guys appeared in the bitcoin scenes things are far of being good for the protocol. hopefully honest miners do not change their minds. these two guys are a bad sign for bitcoin enviroment.
good luck getting the everyone under the ccp to commit
this is a new attack vector on bitcoin. always wondered how they are coming to get it next. we need a coin fungibility upgrade asap
council? hahahaha... bitcoin's main idea is "decentralization", "self-governing body" why the fcuk people want to have a council on it? elon and his colleagues are fcuking assholes. taking over on something (bitcoin) that they did not even created and want it regulated. these how greedy bastards manipulate things.
that picture looks so painful
this is a huge nope for me.
lovely, they are spreading love and peace organizing conferences like that
when tf is elon being brought into the *council*? he does not know jackshit about crypto. wondering when he will call other people pedos who does not agree with him. 10x10=100 times efficiency smh.
why tf is there a council for a decentralised network. what tf am i missing here? someone explain this absolute znshahabvahjakajabab
new fork : bitcoin green
elon needs to stick to outer space & get the fuck out of the crypto space.
what's the energy usage of everyone charging their electric cars vs miners?
miners can jointly brainstorm how to improve productivity through sustainable management but that should end right there. therefore, no entity has the right to dictate the flow of bitcoin transaction based on their individual assertion. bitcoin = thiscentralization period.
involving someone like musk sounds like a terrible idea. the whole idea stinks tbh. sounds like a bunch of rich cunts are trying to muscle in on crypto using environmental concerns as a trojan horse.
who is going to believe a bunch of strangers and their made up numbers about energy efficiency? smh
certainly the mining guild is concerned. btw, what is the advantage of crypto over fiat if most amount of both are hoarded by a small percent of people???
musk is a fraud
i had my first elon21 vaccination today. hoping to be fully immune within a few weeks 💪🏽
mining is totally different in bitcoin alternative coin - satozhi
how did these guys get so important??? they need to go away!
musk's company had already decided to exist the btc market and that should be the end of it.
can someone explain why elon musk was involved here at all? why would saylor include him in this process?
run your own nodes
i destroy my enemies when i make them my friends
the latest security test and challenge for bitcoin
no one should follow them.
why are we only concerned about crpto vs climate? how about mining? including the holy-grail “lithium”, that will save the world? look up abandoned toxic mining sites. look up mining thisaster’s in brazil alone. if you stopped all mining today, the environmental damage would continue for 100’s or 1000’s of years if the covid lockdown didn’t save the world, nothing will. the mere wasted energy just thiscussing and researching climate change should be calculated.
maybe we should calculate what millionaires contribute to climate-change. huge mansions, private jets, never-ending travel, swimming pools, yachts, super cars etc.
the way that there was easy to use plug ins for laser eyes is there one for a mcdonald's hat?
they know how much people worship them. they’re using us all. let’s forget about them.
"bitcoin mining council", this sounds so gross. mark my words,, you want to mine at your home and you're going to need * renewable energy infrastructure * that infrastructure will probably need to be installed by an installer who has been bmc-certified * that bmc-certified company doing the installation will undoubtedly be owned by one of your local politicians or their family * once it is bmc-certified, you're going to need to apply for a bitcoin mining permit through your local state * you'll need to register all of your receiving addresses with the appropriate authorities to ensure you're not money laundering * you'll need to have commercial zoning and a registered bitcoin mining business, definitely * obviously mined bitcoin needs a special environmental tax to offset the environmental cost * without a doubt we cannot have mining operations all over the place, so we'll need to limit miners per capita, so like a liquor licenses in many places there are a fixed number... kind of like those taxi cab tokens in nyc * obviously with n miner per capita and only k mining permits in circulation this will mean you're not allowed to have a mining operation if you're *only* running 1, 2, 3 miners. you must be set up to run 30 asics at a minimum and you have to prove you're running that many on average or you lose you license in the end basically all remaining mined btc is heavily taxed and even the mined btc ends up in a few federally approved hands with very watchful eyes on the newly minted btc.
elon and co. we understand the hustle but hate that we would not be able to tattoo tesla on our thighs anymore...its not clean energy process.
all these comments miss the point that btc is fucking our environment.
hope elon musk learned something!
blah blah blah they will say anything to make a buck china is where most of bitcoin is mined right??? yes i believe they will be good now because elon asked them to be... please stop it’s all about money. again us miners will be good no one else will be i am glad the us gets punished again.
some of you dont understand... notice when musky throws jabs at michael savior he just plays it cool and shrugs it off, we need musky on board more than having him as an adversary. if it means for the betterment of bitcoin and crypto so be it.
trojan horse to woke mining. see those software "codes of conduct".
save the pitchforks for when it actually matters, guys. there is danger in crying wolf too often and too early. i think we have ptsd from 2017 and are overreacting and assuming this is the same thing. maybe it is, but we do not know yet. "promote energy usage transparency and accelerate sustainability" =/= "form cartel". as dumb as it is, the "bitcoin boils oceans" narrative is the hindrance to wide adoption right now, and this is a move to combat that narrative. at this point, this is just marketing and persuasion, nothing more. if it develops into something more sinister, then and only then should we go to war. i'm ready to crucify any hero once they deserve it. but i truly believe, unless presented with good evidence otherwise, that saylor was trying to encourage adoption through promoting esg friendly mining, and did not realize how much this would piss bitcoiners off.
it’s all good everyone. elon talked to all the miners and they said they are gonna go green. 🙄
oh, i get it. us dollars are controlled by yellen and bitcoin is controlled by musk.
you're all douchebags and are currently getting scammed 🤠
where was all the elon musk hate in february when he caused the price to rise? you're all delusional losers. please get a job and move out of your parents house
elon knows what we all want to know but are unlikely to figure out
i believe this will fail. the only way to achieve this is via a hard fork. ' fuck elon fuck saylor fuck the north american miners association.
this is turning a decentralized network into a centralized network
yeah well i can do the same. tesla stock i’m pulling out. it uses to much coal fired hydro plants for your factories. elon your car uses to much energy so i’m pulling my stock. boooyaa by by ! bitch hope everyone does the same. peace i’m out
who cares what musk says? this idiot wants to talk about how much electricity that bitcoin uses during mining...but yet everyone just ignores the amount of electricity that tesla cars consume.
`how to buy decentralization and make it centralized 101.`
so much for decentralization.
bitcoin was meant to provide ways how those who struggle with a job , homeless . provide a form to help give options to earn. much like voucher that could been redeemed. build jobs and types of etcéteras. to maintain it in good standards with the law. but still kept decentralized for that is the purpose . kind of like if it grows in bigger status to be able to help around the globe
keep elon talks away from bitcoin, bitcoin should be decentralized
saylor and musk are self-aggrandizing, attention-grubbing hacks whose tweets and, evidently, meets and greets serve no one but themselves. their noise-aggravating blather obscures the signal of cryptocurrency, as the orange wonder obfuscated political thiscourse.
why are not we talking about the 1) environmental impact of mining and thisposing of lithium batteries used in tesla's cars?; 2) why are not we boycotting goods made from coal?; 3) why we still doing nothing to force germany or poland to move to clean energy (40% electro energy coming from coal in germany and 65% in poland); 4) why are not we forcing the oil drillers in texas and tar miners in canada to stop polluting the environment? and 5) why are not we asking the banks to thisclose what are the sources of electro energy they use? and they use 3 times the energy that cryptos use!! bitcoin by design greener and the best store of value. it is unstoppable with or without elon, j dimon, buffet, kevin, mike, or i! no need to go out and defend - the mathematics, simplicity, and smartness (built into it) of bitcoin will defend itself and crash all the negativity !! it did before and it will do in the future!!
anybody see whats going on with (rite aid stock)??🤔🤔🤔
as many chinese mines have been shut down recently, there are a large number of new and used mining machines for sale at low prices, please contact me if you need it.
you got serious issues man. this news is bullish af. if you want bitcoin to become massive we need to address the energy usage. with mass adoption comes more and more scrutiny. just the way it is.
finally the bitcoin community is acknowledging the energy consumption issues. this is how you get things fixed. acknowledgement is the first step.
they're harnessing the energy fud and shaping it to our advantage. come on people, you have to read between the lines. billionaires tread very lightly and all moves are calculated. your rage is based on a surface level interpretation of events.
you can jump to bcd 💎 it is still a bitcoin without corruption ...they are saying out there 10 x times. better... check out . by the way ... this coin help me from my lost very well, and hold all the dips . next time do not panic be clever when dips comes just click buy bcd 💎. you will keep your money with 💎🙌. it help from lost, and thanks yours stupid market manipulation... whales want fuck as holders to bring more stupid to pump them. i sold my btc and happy-lucky guy... making more profit than before . ... with some altcoins opsss like everyone says shitcoins. good luck all.
elon musk is a fraud:
+ve in the long run. through this council they can be transparent about their carbon foot print. this is the only case bears have against crypto. once transactions are regulated and monitored just like any other regulated financial instrument and carbon foot print issue is out the door, no one can have a hear case any more. seems we are moving in the right direction.
musk could careless about the environment just using that as excuse to play the market. he farms his credits out to people who have a horrible record on polluting our environment so he can make a profit. wsb should manipulate tesla and spacex. so he gets taste of what is like to be played with. boycott tesla. musk thinks paypal is achievement. using paypal is like going to dmv.
thanks for wrecking the gpu industry you bunch of utter cunts!
miners are now colluding together. they exchanged business card, and next thing you know. michael saylor will be the next jp morgan, and the miners are like the central banks controlling and manipulating gold supply
next thing you know people are going to start believing elon musk is secretly satoshi. btc has really lost its way. it should never have been allowed to reorient itself as a sov over its orginal intended purpose of being digital cash. more and more it just seems like a ponzi scheme looking for a personality to draw in more suckers. its principals have been compromised and grifters have been allowed status in space that have contributed nothing and only see the potential for it to become what they want it to be.
you... you just said everything i was about to say. are we best friends now?! ' but seriously, fuck you to anyone who supports musk, saylor and obsesses about what billionaires have to say about cryptocurrency. and goddamn, you even linked sources. i love it. seeing a mod do this is just great. thank you mr. u do good work. ' ***"we see you, we see through you." - sincerely, the crypto community.***
this is exactly what’s happening... as i said in my other post. they’re attempting to centralize crypto into their system. they want to control it because they control our entire society. it must not be allowed to happen. these kind of moves are not what crypto is about.
tldr: all in all i agree and it’s something to be wary, but at this point i think it was a good pr move to clean bitcoin’s narrative of burning the oceans dude i appreciate the length of your response and naturally see where this come from, and for most of it you are right, it’s a slippery slope. there something interesting you said “elon comes and spreads missinformation” this is exactly the reason why i think it was a good play... it’s a pr stunt, let the people know that it is possible to mine bitcoin with few to zero emissions... because that’s what they want to hear, people want to feel morally good on owning bitcoin, and sadly people follow the crowds and elon has a loose mouth and big reach. i know mara wants to do this approved blocks bullshit... but i doubt all the players will follow, and if some do, then others will emerge and play the opposite side... this is the beauty of the free market... in any case yea we have to be weary, have nodes and protect the network... educate people like you are doing of the possibilities... :) bitcoin is a for enemies who do not trust each other, everything is good for bitcoin
yeah, this is shaping up to be our netxt big battle against the forces of centralized control. we need stratum 2 asap, as a first step, and continued vigilance. because this mining cartel's next step is to blacklist those who do not comply with their "esg" goals (environmental, social, governnance performance). i mean, the sudden introduction of lingo like that reeks of cartel bs. they are coming, but we see them, and are ready.
ace post, my respect and approval.
legend, enjoy the platinum.
well said brother. i switched my miners to braiins today. hash on!
you bring up some reasonable concerns, however, it is not as slippery of a slope as you make it out to be. with opec, there are only a few with access to large enough oil reserves such that they have power when they collude. even then, there is infighting and the game theory usually results in a few cheaters that break the rules. with btc, it is different because anyone can mine and anyone can start a mining operation. and if your transaction wont make it through the cartel, it can go through other nodes. btc truly is censorship resistant. if the cartel starts to harm the currency, they will thissolve themselves out of self-interest.
>to the idiot miners who go along with the esg agenda, i encourage you to reconsider. with you on most of that but not sure what you're talking about here?
i did not read it that way. i can see why you'd be concerned but i read it as saylor working to alleviate some of the concerns that are leveled at bitcoin (justly or otherwise). i mean i do not care how they mine it but if this initiative staves off the haters it seems like a win-win...so long as they do not implememt that crazy shit you rant about.
this is like opec one day, these folks can just say "lets mine less bitcoin because we want control the prices" bitcoin prices skyrocketing like oil has done in 70's. maybe? we never know but it does not look like clean business.
you are my hero. i'm switching my hashing to stratum v2.
me, my productivity, my net worth, and my asics are with you
i cannot believe i have visited the bitcoin sub and actually agree with something.
“rage against the dark for you only burn once in this life”❤️
do we not trust bitcoin to be resistant to these sorts of things long term...? isn’t that one of the most fundamental things in favor of bitcoin? did we only expect it to stay decentralized as long as nobody cares to centralize it?
wtf, i read through your post but you’re giving basically no substance here. what do you want? you think it’s a negative that they are trying to make bitcoin mining more ecologically friendly? why??
you sir have my vote!
this comment was the most platinum awarded across all of reddit on may 24th, 2021! ^(i am a bot for )^[]() ^( - please report suggestions.)
wait until musk starts claiming he’s satoshi.
seems to me the entire history of human existence is a story like this. whenever there is too much thisorganization, people start forming groups and cartels. this has always been bitcoin’s biggest weakness — it depends on human beings to run the mining operations. until we have machines floating around the universe running nodes using solar panels in space that have full autonomy from any humans... this is a factor we will contend with. personally, i do think it’s a slippery slope but one that can be managed. and there are some big upsides to this as well i think too. i think saylor has good intentions here. we will see how this goes.
i totally see your point but didn’t the new york agreement demonstrate that businesses and miners can’t collude and take control of bitcoin? i understand that having marathon involved with their ofac blocks makes the rest of the group kinda sus by association but i think a wait and see approach might clear up what is actually going on. can any miners chime in about your take about the bitcoin mining council?
> allow me to use my exorbitant privilege of green stickied comments to make the following rant. this is my personnel opinion only. e if it is your personnel opinion only, then make it so.
refreshing to see someone who is not riding saylor's coattails (even after the elon cult of personality crashed, most on this forum just moved on to "but saylor's still got us!" without learning the fucking lesson). i just posted something similar and feel validated seeing your comment. was starting to think i was on crazy pills.
i agree with the concerns raised her but couple of points: 1. as long they do not expect protocol change, it is fine. if they want to modify bitcoin core functionality they may clone bitcoin and have their own coin 2. if it is just adding some message to blocks they mine that says this was mined with renewal energy that is fine. certain loud noises need a pacifier. 3. the part that they would not add "none green" coins to their blocks is just dumb! it is not like as an end user when i make a transaction i can pick which miner is allowed to include my transaction! in this whole process, i have lost any respect i had for elon as an engineer.
this is a pretty egregious abuse of your moderator powers. please unsticky this.
how is this not a good thing? even if it comes from these clown guys. i don’t see the environmental downside if i purely look at that. i agree with everything else you said. at the end of the day the miners can choose to do what they want. still yeah, we should be a bit worried about coordination. these guys are competitors. i’m more fearful of acquisitions and miner consolidation. saylors fault is being rich. however, he has done a lot to get people involved over the last couple years and consistent.
maybe we can get them to talk about and implement this
i love the amount of “fuck you” going on in this sub right now. hey bankers, fuck you. i bought the dip too bitches
people forgot that saylor is in it for the money, and trying to fuck his followers from look of his twitter
who gives a fuck whether miners thisclose esg or not? bitcoin doesn’t. you shouldn’t either.
it's not idea and will probably amount to nothing, but we honestly need something to buffer against the constant environmental fud.
shit. and i thought bitcoins was about no centralized control.
slippery slope isn’t a thing. remove it from future arguments. things go until they meet friction. it’s just fluff to mention it.
my man this sounds very smart but i’m ape and i don’t get it... so they are trying to take over mining so they can spy on transactions? can someone explain in simplier terms what is going on here and why saylor and musk are bad guys?
i think you are overreacting.
>exorbitant privilege of green stickied comments indeed you are abusing your "exorbitant privilege of green stickied comments". please unsticky it. even though i agree with many of your points, i'm not sure why the entire .
i get your point. but why should we care or rage? even it there was only 0.1% hashing power of “non-censoring” miners it is good enough to get your payment for your house. yes it sux but it is not end of days. in reality there are so many different miners in different jurisdictions that anything any cartel tries to accomplish through their transaction censoring is pointless. or am i missing something? also: “ it feels like they are gunning for something at a bitcoin protocol level” i dont understand. this has nothing to do with the protocol. they are not proposing any censoring bip. they are playing by the protocol rules.
agreed, friend! i'd give you an award, but i used that money to buy some satoshis.
there’s nothing wrong with advocating against coal fueled mining. that’s all that’s going on. if you don’t like it there are plenty of shitcoins you can buy. i’d rather not live in a world where people are getting asthma bc their neighbors wanted some more of that sweet internet money. musk literally does this with everything he invests in. he doesn’t touch dirty nickel mining. building the future without destroying it.
i'm gonna say this and risk getting downvoted to oblivion... china has elon and many nations by the balls. i'm not a hedgies bad conspiracy theorist. i just read the trends and hints. african nation threatens to ban crypto, it drops. they do, crypto drops slightly. turkey threatens to ban crypto, banks stop accounts from sending any money to crypto, crypto prices dip and then stabilize. india considers banning crypto, crypto drops. they get sent a billion dollars of crypto, and magically the ban talk goes dark. interestingly, the biggest investor into these nations is china. elon badmouths crypto, markets go nuts. guess who has a manufacturing plant, and needs cheap products found, in china? tesla. china (for the hundredth time) says they are banning crypto, markets go nuts. are these independent and not related? possibly. but the amount of money china pays in to these is not negligible. any further information would be appreciated.
i agree with everything you said. first, i thought that these people did they work to learn about and actually cared for the bitcoin space and now they want it to make it their own and subverse it only to come out on top as heroes, to solve yet again some other imaginary problems and thus destroying the ecosystem in the process. they should start solving the ongoing crude oil problem or garbage problem or some other shit for that matter if they really wanted to help, not bitcoin. bitcoin doesn’t need a “papa” help. it’s thisgusting. edit: good cop
this, actually, is a really good point.
exactly. this mofo is trying to tesla his way onto bitcoin (slapping his name and brand on something he didn’t start)
100% this. he is not stable and his ego is just too much.
yup, i’m still not sure btc should be affiliated with energy use. miners don’t really dictate how the energy is created.
i agree but he should also be set straight about the fud he is spreading.
>it should be about the coin, not the person! i'd much rather like to believe that it is about the technology more than about any person or coin. and as much as we in here like to bash elon musk, the man does have a point. if he and others can use some of their influence to drive crypto mining efforts towards sustainable energy, then that is a net positive. energy consumption is very much part of the equation in a pow system. we can and should worry about where that energy comes from and who produces it.
let me ask , it’s hard to believe that , elon musk is attempting meetings with bitcoin miners for energy sorts , is he ceo of btc . by the way there are comities of btc miners already like code developers & mining sort . what the hell is going on , plz some one give me narratives , he needs to be stoped like that ????? if i am wrong plz , correct me .
i bet he has a mini-submarine just waiting for these miners too.
everyone is trying to justify the price dip when really elon musk made a tweet. that was literally it. and he was well aware of what he’s doing because he’s an ego inflated asshole.
i think having a celebrity cheerleader for bitcoin is a good thing. just not sure he is the right guy for the job.
it’s all structured and controlled to follow a valuation pattern. going on saturday night live in thiscussing something that big is so fucking unprofessional i don’t even know where to start. what ceo do you know of that would do something like that? he’s being controlled to manipulate markets he’s just a little bitch puppet for greater whales.
so what do we do about it? we can’t stop him from talking
but elon is satoshi
i agree that based on his recent impact on crypto this year that he is bad for this new arena.
i, for one, am shocked that we can’t trust a billionaire.
if it produces the right outcome of moving toward a less power hungry way to mine who cares if it’s musk or someone else pushing that.
to try to convince yourself that musk hasn’t already bought the dip is foolish i think
you’re going to tank all my steven seagal coin with that kind of talk.
i think this is fine. use him to get out of the fud he got us in and move the fuck on from it
crypto now needs a crypto promoter.
he owns a solar company and one of the worlds most advanced battery producers
you don’t want to go against musk.
i think saylor is just trying to use elon's celebrity . like a "the end justify the means".
what the fuck is a mining council?
he's the captain now.
he’s a member of the digirati. it’s like the illuminati, but digital different.
you do not get it. he is playing to the gen z save the earth crowd. look at me, i am saving the planet. now buy my friggin cars.
musk fucks. still don‘t like him.
elon musk: lower the price bitcoin mining council: it well be done, my lord
and also a council is 'rulers' and bitcoin is 'rules' i dont really see how the 2 can jive
when you are rich and people worship money they will kiss your ass all day long for a nickel and a hello while the rich guy is screwing your wife.
tesla is an energy company. he is trying to help make bitcoin be more green with its power usage. is it really that hard to connect the dots?
guess he wants to retain his control of the market one way or another
it will come with a telsa solar power plant shit or some carbon credits sold by that twat
he's been trying to glom onto bitcoin in an "ownership " way for a little while now. he wants to be able to point at bitcoin and say "i did that". so he is been screwing around taking any angle he cant to get what he wants.
his family owned and operated mines in south africa!
seems like even though people say "fuck musk" they still want him to be on their side. this is what i got from mod post. if he literally meant "fuck you musk" why did he arrange a meeting for him?
tesla is a pretty massive company involved in battery and energy usage. he is also a massive public figure. getting him on board is basically like getting an athlete to represent some company for whatever marketing bullshit. they might not be the perfect fit, but the general public needs someone to associate to the idea.
it's called business now. carbon credits and all
they dont need consensus to thiscuss how they are going to generate electricity and if they want to report their energy sources. that is their business not yours or mine. if they want to fuck with the protocol they will quickly learn the same costly lesson ver was taught
a similar meeting was held before the formation of the federal reserve. edit saw your reference lol
anarchists: "a free market will regulate itself!" also anarchists: "stop regulating yourself, colluders!"
not sure if that was an insult just a meme.
saylor moon > elon mars
canada's bitfarms is one of them. they're getting listed on nasdaq soon!
and there is plenty of miners who will continue to use systems that are most cost-effective. maybe musk should mind his own business (since tesla is exiting the btc market) and focus on building up carbon-fred energy? this is just asinine talk.
👆🏼👆🏼👆🏼 more decentralization please, not idol hype
i'm pretty sure bitcoin has taken over saylor. he is one of us now. he belongs to the orange coin as do we all
where are the fucking free awards when you needed the most?. ty btw
i totally would fuck both of them. maybe even threesome depending on how much btc we’re talking
but they are still smart and people need to be grateful just only because sometimes they spread really decent knowledge
please see my country as an example if this continues. philippines😔
because the retail masses hang onto every word musk tweets out. saylor is no saviour but he is trying to put out the fire that is gassed by elon's obese sized ego.
because they are so new to the space. they are historical amnesiacs because they are essentially bitcoin newborns.
he's literally a billionaire sperg - i do not have a strong opinion on him either way, but on some level i always wondered why everyone listens to elon like he is some kind of oracle?
elon musk is nothing more than a billionaire market manipulator. he crushes people every day with his shitty worldview and his financial tactics, and people support him doing this. i will also chime in - fuck elon musk - we do not care what you have to say anymore dude!
came for some elon bashing in the comments. was not thisappointed lol
i do not see one positive comment in this entire sub. f this, f that. you all are a bunch of sours. i like musk, guess that means fuck me right.
can i get a refresher? who was in a closed door meeting in 2017? what did they attempt?
> did you all forget 2017 ny closed door meeting ? did you forget what miners got from it? nothing. they did what users wanted in the end, because they need users to sell their rewards (subsidy and fees). miners are not solely in charge of the network, their collusion will inevitably be revealed and will be met with appropriate measures from other participants in the network. if they want to avoid a lot of headaches and lost investments they ought to learn from history, otherwise they are bound to repeat it.
so long as it is just adding transparency, there is no problem. no miner is forced to adopt their measures to participate in the protocol. if going 'sustainable' is too costly, the economics will mean they will fail in the long run to miners who focus on the highest margins. in reality, waste energy is the cheapest and cleanest source over the long term. this changes nothing and is just a virtue signal.
this does not seek to undermine consensus (which would not be possible anyway) so i do not see it as contentious. nothing wrong with using renewable energy to mine bitcoin
miners ultimately do not control bitcoin, nodes do. people are right to be suspicious, but they cannot just take over the protocol.
decentralized doesn’t mean you can’t talk about it privately. if no meeting like this most of people won’t be able to buy bitcoin because coindesk or binance also started to exist due to private meetings and have many inperfections, but this is how world works, people meet and make decisions
miners do this to improve bitcoins image, so the price rises and they get a better payout. some of them are probably looking into producing "green" coins that they hope they can sell for more.
let’s be honest, a miner’s top priority is profits. if kissing babies with musk will pump the price, they will do it in a heartbeat.
yeah. this is not a repeat of segwit2x. no one is talking about changing the protocol.
> i think most people are overreacting, i see this is as positive. this is voluntary, self-thisclosure about energy usage in an attempt to make the space more transparent and palatable to potential investors concerned about bitcoins carbon intensity. up until like two weeks ago (before the elon tweet), no one was concerned about this. it is all "create a problem, provide solution, implement own agenda" rhetoric. we do not owe anyone anything. if people are too stupid to believe the energy fud, they are free to not buy bitcoin. bitcoin will move on without them.
everyone voluntarily agreeing to something sounds more like “consensus,” actually...
it does seem like elon has been "persuaded" to all of a sudden shit on btc and it is supposed dirty energy use. it appears like the persuaders are trying to centralize btc as much as they can.
at the same time, why not let users choose to have their transactions (and fees) go to miners they want? if i want to pay more to ensure my block is only included in a "certified green" block, that is the beauty of bitcoin.
phew! just in time for that fuck face elton to make sure he is loaded up on his fabricated crash, now we can resume. fucking thisgusting pig, blatantly manipulating this shit. elton can go fuck himself.
china says hi. taxes say hi.
because it is. saylor must be stopped
a bunch of tiny egos in this thread who ignore the fact that nodes drive decentralization just as much as miners.
this. the bitcoin community needs to understand this. the renewable energy space trades at a massive premium to the fossil fuel energy space for a reason. going green opens up a big market and is the only chance of bitcoin winning in the long-run.
censorship is not the way
>profit hungry actually doubt this is true, or else he wouldn't tweet "tesla stock is too high"
ban elon? i guess you missed the point of btc... ' stupid commie
he is not the only one, who said about concerns about environmental impact. it would be like you are banned from owning apple stocks, because you speak bad about company if you thisagree with something they do. i believe any debate is good for bitcoin and understanding it. if somebody can profit from it on stupid people who didn’t do 5 minutes of their own research or are investing money they can’t loose with 10x leverage, go on. maybe it will make them smarter
>can we ban elon from bitcoin? lmfao. how long ago were we all praising him?
doesnt mara use coal power to mine?
human beings have always lusted after control and power. this is just more of the same.
thoughtless drones are... thoughtless drones.
it seems we learned nothing from the elon musk fiasco
misinforming people about what bitcoin is repeatedly on an international stage, sheparding companies and users into custodial solutions, organizing hostile bitcoin actors like marathon and elon. "hero"? i genuinely think that the majority of people who care what any of these dolts think are poorly informed new users who cannot see bitcoin beyond its price.
something something new york agreements ?
you mean michael jr?
your comment is idiocy.
we do not owe anyone anything. if people are too stupid to believe the environment fud, they are free not to buy bitcoin. this is just the good old "create a problem, provide the solution, and on the way implement our own agenda with it".
depends on how its done. couple large prototypes going on in the salton sea area of southern cali. for the most part though its a shit show to the environment. just charging the batteries uses mostly non renewable energy.
saylor is a bitcoin maximalist and our truest friend. billionaire at that.
brainwashed drones do not think, they only react.
"the bitcoin community" is acknowledging nothing and owes nothing to anyone. if you believe the environment fud, you are free to not buy bitcoin or dump the stash you have.
this is the most sensible comment here. >right now this "council" may be a group of individual industry insiders pushing to force the rest of the industry to use unreliable renewables. that should tell anyone more than enough the intellectual capabilities of whoever wrote this article mentioned by the mod. oh boy that is our mod? good grief. this place is gone to shit. this person is not to be trusted. renewables are clearly the path forward in all things not just bitcoin. i do not know what the heck is wrong with the guy who wrote that article but he is clearly triggered and writing emotional and irrational things. it is absolutely essential moving forward that bitcoin continues to increase its energy mix to sustain a maximal amount of renewables. this is true for every single industry in the world why would bitcoin be an exception? sticking our heads in the sand is not going to make the world colder. people do not understand that these are private businesses trying to make a choice that is better for the world. that's a beautiful thing and i applaud them. making long-term conscientious decisions could only benefit bitcoin. ignoring a 30 to 50% increase consumption rate annually in the bitcoin network is doing no good. the guy who wrote the article acts like this is some gateway to regulation. this changes nothing. the lack of decentralization has always been a major issue in the bitcoin network. that's why it is a global network. and it will have global pressure when it doubles and triples and quadruples in energy consumption over the next few years. better to start building a cleaner image now.
sounds plausible; hope you're right; still okay with people being concerned, and watchful - aware of potential threats; always makes sense to know what threats are out there, so all can act accordingly to prepare and protect themselves.
that's exactly what i thought. as far as i understand, they would need a ton of consensus in order to change the protocol. almost impossible to get it, considering btc mining decentralization. i really do not understand how a clean btc would work. are they gonna make a fork? are they gonna make a tinted btc?
agreed, but that crazy shit i rant about is on the agenda. best to be aware then not. this rant is pre-emptive, i hope i'm wrong.
but isn’t that the point?... you’re supposed to think “it’s for the greater good.” great manipulative tactic - standard hegelian dialect. it’s an easy ploy to use to get a stronghold and eventually push through whatever regulation they’d want to impose moving forward. while i’m all for spreading out the mining and such, we must watch where this ultimately goes...
last time the fork wars happened and btc won but at a great cost.
it is a cartel jim. wait and see is not how i operate, attack or be consumed. especially since the good faith has been broken by elon.
it's not a new phenomenon. the mob praises our heroes, they get a big fat ego and then do some stupid shit to rekt themselves. circle of life.
large enough cartel, they can reject other chains that werent mined with “ofac approved (or some other message)”. 1) if cartel <49% computing power but has the backing of government, the government can say btc exchanges (coinbase, kraken, ...) can only swap their fiat for btc if mined with approved message. by the way, the law can be written such that a miner adding that “ofac approved” message of approval is responsible for that block, and penalized if “dirty” transactions were included. so that message *can* have meaning if they want. just like how painting some piece of paper with your name has meaning. it has meaning because of the consequences. thereby centralizing the coin. 2) if cartel has >51% power, well then they do what they want. fear of removal from the cartel from other members i think would prevent double spend. but they can essentially control only “green coins” are included or whatever. and with enough public support from your greta thunberg investors, may be possible. but idk, both these outcomes seem hard to get to. bitcoins nature seems that any centralization would collapse from self interest. but then again isnt fiat the currency of people as well? we vote for our lawmakers. hence it is, in a sense, the peoples currency? yet that was able to be centralized? jeez this shit is so interesting on a fundamental level, so many different thought processes that could be right or wrong.
this is not my first fire fight
i'll care about what i want.
they are centralising a decentralised network. by forming a coalition under the guise of "environmental reasons" they are potentially policing which transactions will or will not be allowed through the network, which transactions will be prioritised and at what price. do you start to see how this is a problem? once this coalition is formed it does not take much for other restrictions and policing to be brought in to other areas. this goes against the very core of the issues cryptocurrency was designed to resolve. are we going to allow the network to be changed at the whim of an uninformed billionaire? what thing will he want to change next? to be fair, i do not believe that is michael saylor's intention, but i do not give the same benefit of the doubt to either elon musk or the mining syndicates that would agree to this. (please note, i absolutely stand behind a push for greener environmental solutions in general and in crypto, i just do not necessarily believe that is the whole purpose for what is happening here. )
i hope i am, i'm not taking any chances.
if you give an inch, you give a mile. as a principle you should always resist the hint of mission creep. you're not wrong, but this message is more of a yellow flag on the field for those few who know the details.
elon's ego knows no bounds, he believes his own hype and these guys are buying into the narrative. bitcoin is about and alternative system to banks not a fucking tesla payment gateway.
yup. elon can fuck off.
plus it is a show of power. he made btc go up he made btc go down. the elite does not want us to have hope or see that we have power. though he might not care if he does not see this as a threat and just a conquest.
sounds like this: "we're going to cure cancer once and for all. we've convened the world's leading cancer researchers and also a television actor to form a council to direct where funds and researcher will be directed next". what does elon have to do with forming a bitcoin mining council? so weird.
plus it still uses less than the banking industry. think of all the banks electricity, all the people driving to work(mostly part time so they do not have to pay full time benefits), atms, those armored trucks, printing companies and government agencies that steal i mean manage our money. they do not look at this because it has nothing to do with there reason for attacking btc, just a thistraction plus all the security, the faux cops, all the lights stay on outside the banks, police patrols. i'd like to hear more and put a petition together.
everyone needs to read the simple statement above. the energy usage bullshit is acting like the energy wasn’t going to get made anyway... humans would be using the energy elsewhere doing some other this or that. btc mining just uses it for something that could dethrone the bad guys and as such those bad guys are going to use any and all firepower they have.
they sure do impact the gpu market though. fuck man...
tesla has a public image to keep. i do not see it as spreading fud, just appeasing to shareholders. not saying it is right, but i get it.
i agree, he needs some street education. will that happen? no.
>if he and others can use some of their influence to drive crypto mining efforts towards sustainable energy, then that is a net positive. ' this is the thing i do not get about people who are into crypto. they spout-off "well elon musk can help!!!" and then get a pikachu surprised face when all he does (and other fuckface billionaires like him) manipulate the market for his own personal gain. that's all he is doing. **it's all talk. we should know this by now guys.**
it is really bitcoin's last great challenge. if it can transition to sustainable pow or something, then it is all over - they win the war over traditional financial systems. match point.
i agree it is a net positive 👍
price dip was caused by dopes over leveraging and then getting liquidated...if btc can clean up its energy usage it will be s very positive thing for all involved 👍
it is not. it is a form of centralization - social centralization. there is a reason satoshi left.
i do not understand guys like musk, getting involved in peoples personal investments, wrecking lives. if i was him right now i'd be scared shitless that someone who's life he has wrecked will seek to do the same to him.
what do the leading bitcoin miners have to do with anything? the only green they care about is the green number next to "net profit." although, i guess with their extensive energy bills, they are achieving their promotion of "energy usage." poorly worded...
if that’s the case, he may come to find that when it comes to ideas and principles that the means can invalidate the ends. it can work in the short term for sure, but this is a long game.
basically this. he knows that elon moves the needle with his annoying tweets so he is taking an inclusive approach in hopes of putting out the fire. i appreciate it. that said, it thisgusts me how somebody like musk can blatantly manipulate the swings of an entire market.
like the istari council of wizards. elon is saruman trying to persuade radagast and gandalf to surrender to the dark lord.
rofl. this guy think anarchists believe in self-regulating markets! and believes anarchists think that markets are "free" in any meaningful sense of the word! classic shit.
libertarians are not anarchists in any meaningful or logical sense, but... yeah
elong muskrat hehehe :> (i think he likes the nickname tho)
argo blockchain also. rumors of a nasdaq listing too, and a super transparent ceo who gets paid in bitcoin
i grabbed a couple hundred shares a while back in hope for the nasdaq listing. so undervalued compared to mara and riot
yes, mining council? this is actually centralization
maybe in the face
>but they are still smart *citation needed
perhaps it is because billionaires and asperger's are both fetishized by the uninformed.
> nothing more than a billionaire market manipulator. i get your frustration, i also think he needs to stay in his lane and that he has been too careless with his tweets. but i don’t think your synopsis is a fair criticism of musk either. i would suggest reading the ashlee vance biography about him. he is the single reason tesla and spacex still exist. the guy has dedicated his life for those companies and they are both changing the world. it’s weird how people worship someone like steve jobs, when musk has literally done more for humanity than jobs ever dared to dream. also that book doesn’t shy away from criticizing musk either. it shows him as a flawed person with an insane work ethic, a unique mind, and a willingness to die for what he believes in. and the book does more or less conclude that musk has good intentions, even if he comes across as a pompous ass sometimes (and it rightfully speculates that his autism may play a part in this as well). all i’m saying is, you can both hate musk for his bitcoin behavior, while also respect musk for what he has done to try and accelerate humanity to renewable energies. he’s a complex person and his efforts deserve better than this sub cares to explain.
that may be true, but he is also having a revolutionary impact on the world via his rocket company.
yet this sub worshipped him merely a month ago. it’s stupid. stop talking about him and he will not keep fueling the fire.
you do realize it is possible for people to have differences of opinion right? i do not like him because i do not think he is trustworthy and think that he is manipulating the market. if you like him, that is your business.
yeah, you got it.
haha elon lives in everyone's head rent free
look up segwit2x. it's a collusion of the majority of mining hashrate and many big companies to hijack bitcoin's protocol. it failed miserably.
there is a lot to the story, but the gist of it is that many big businesses operating in the bitcoin space decided to attempt to use their position as 'industry heads' to strong-arm a hard fork that increased the block size. many closed door meetings were held between business execs, miners, and even a few devs, and despite a complete lack of consensus, the execs pushed their agenda in a dangerous manner, literally under threat of burning it all down. the result was that the execs lost, and users that were running nodes were shown to be the ones in control (bottom up governance, not top down!). but it just went to show that closed-door, top-down governance of the bitcoin protocol is a bad idea that breaks some of the core assumptions that keep the network secure. the segwit2x mailing list is \*quite\* the read. i'll link to this message, wherein the biz execs admit defeat, and i'd recommend reading the next message in the list as well, just for the lolz.
super briefly, leaving out **a ton** of details: - segwit (a fix for transaction malleability bug + blocksize increase) was [proposed in 2015]( - its activation was subject to miner signaling, requiring 95% of miners to signal in favour of this proposal - in the following years not enough miners signaled for it (various reasons, one being that segwit was fixing something called "[covert asicboost]( - this become a part of the very heated, year long debates on how to scale bitcoin (big blockers vs small blockers) - in 2017 many users were fed up with miners dragging their feet on segwit, so an anonymous developer by the handle shaolinfry proposed another method of activation, referred as uasf (user activated softfork), formally called [bip148]( - this proposal essentially was something like a chicken game: users running this version of bitcoin were basically saying to the miners "either activate segwit or risk a split on 1st of august" (a better description you can find [here]( or [here]( or [here]( or in a variety of other places) - what made this mexican standoff type of situation even spicier is that there was a competing proposal called [segwit2x]( (segwit activation + blocksize increase), which was very contentious in the broader community because it required a hardfork and the software, coinbase etc - 85%+ of miners were signaling for segwit2x - in the end, the uasf proposal won and the miners caved in, [abandoning segwit2x]( and activating segwit without hardfork and without the contentious blocksize increase (segwit already included a blocksize increase but without a hardfork) essentially, this is seen as the proof that miners cannot go through with any critical protocol changes without users being behind it (or that users can force protocol changes even if the miners are against it), and that even powerful corporations (the segwit2x creators) cannot force such changes. there are a few good write ups on that topic, aaron van wirdum (bitcoin magazine) comes to mind, a few episodes of various podcasts reflecting on that time period and so on. you'll surely find more sources by looking up uasf, bip148, segwit activation, segwit2x and various other terms mentioned here. edit: aaron v. wirdums collection of his write ups at that time can be found here (in the replies):
they begin collusion for "positive" things like energy usage, then they move to which transactions should or should not be included in blocks. this is not how consensus work, either they show proof-of-work to gain rewards based on rules everyone else agree (including non-miners who participate on the network) or they fork off. as simple as this.
it's nothing but talk in order to hide the way he makes money.
two billionaires organizing closed door meeting with miners, creating some shitty mining council. no red flags at all ? maybe it’s nothing, maybe it’s a beginning of something. time will show.
yea miners do not choose the protocol but they choose what txns to mine. so let us not pretend miners do not matter...
lol literally goes against the white paper. u know the one where all people choose the changes through the majority rather than just select miners with power
this. mr wonderful from shark tank who got into bitcoin last couple months said 'i will only buy green coins'. there will be a narrative at some point around green coins more valuable than other coins
miners got into this space long before there was even a remote possibility of profit. they are the original long term hodlers. i am not convinced they would throw away all that and fall for cheap theatrics. i am sure some no name miners went to the party. this coalition seems to have more bark than bite.
“he’s got his, and i’ve got” ... keep stacking sats, folks
it's sad how few people around here seem to even know that nodes exist, much less how important they are.
neither is centralized influence and control in the hands of a billionaire.
for this guy we should make an exception, he destroyed so many lives for the past month with his little pump and dump.
when he literally had multi billion dollar stock option bonuses that relies on the stock price going higher. he did in fact get those bonuses in the end though…
here come to elon musk bots
and the other one who complained about bitcoin environment “damage”, is the shark tank guy, and guess what, he just bought the dip, all those shady rich people tell a lot of lies, they’d do anything to drop the bitcoin price so they can buy more at a cheaper price, it’s all propaganda and games.
i always thought the guy was shady
no, the government’s and bank’s fear of losing control created the regulations
attack vector of mining has always been collusion. the "mining council" can collude to censor blocks not mined w"clean" energy. then use that precedent & power to censor transactions that do not comply w-state financial regulations.
humpers better than pumpers!
i think a lot of us learned from it but market sentiment is a bitch. i just really hope some good comes from it. if it means we as a crypto market will change generation of energy drastically while a lot of industries kept fucking it up for the past 50 years then it would make me proud. if it was truly for nothing that would be a shame.
hey, he did bring many many souls into the community and always depicted bitcoin positively in the media. wasn’t the whole point to eventually bring institutions into the game? sure he is rich and biased because he’s in balls-deep, but that doesn’t take away all the good he is doing for the space.
what do you mean by “misinforming” ?
i don’t think he represents it, he just really supports it with the right fundamentals in mind. and i like that.
michael’s done a great job, he supports bitcoin’s core vision and purpose, he’s one of us as far as i’m concerned.
i am invested in bitcoin (and some altcoins). i want to see it improve (unlike many others in denial). we cannot improve if we think it is the almighty perfect coin already. lots of room for improvements and we are only hurting ourselves when we ignore the potential.
did you read the mods sticky post above? sums it up pretty succinctly.
so, what would you say about bitcoin being the industry that uses the most renewables in its mix? (39%) much more than any industry. in fact, bitcoin, before elon fud and mouth-frothing madness, uses more renewable energy sources than even tesla itself. they do not care about renewables, what they want is control. elon musk is a trojan horse.
you do not need a fork or consensus rules to change. what mara (ofec regs) and elon(green regs) are thiscussing. for mara, the miner can choose what transactions to include as long as they are valid. for the green stuff, the miners can choose to be green or not, and thisclose the status or not; that is not even related to bitcoin at all, really. the concern is that they are setting bad precedents which in the best case show ideals out of alignment with bitcoin core values, and in the worst case can lead to fungibility issues. the former would be e.g. mara censoring transactions showing that it is pro...censorship, and aligned with a government (what many are afraid of by the chinese mining pools, but do not recognize in their own backyard). the latter would be if mined coins can be determined "green" fresh off the block, then you have a 100% accurate "taint" from that utxo to the next 2 hops. exchanges may be pressured, for business reasons, to not deal with easily verifiably tainted utxos. they implement a simple system - is prev transaction coinbase from a bad miner? then i would not accept it. it becomes more difficult to onramp those coins to exchanges, and eventually the miners will comply. the lesson learned is "we can force miners to do something by manufacturing a problem and providing a solution that visibly partitions those who comply from those who do not". even if the solution is great - going green - it is the method by which it is accomplished which is a danger.
imagine they get that, and use the power and influence to get exchanges to accept only "their" version of bitcoin. it's not impossible.
i do not see a hard connection between this and what marathon group pulled. besides, with mixers the argument about "clean blocks" is total cah. i know they are going after mixers too but they have been trying to wipe out darkweb markets for decades and they are still going.
yah not sure why elon was invited other than to get him to shut up about energy fud. sure if you insist it’s a cartel and i understand that complacency can be exploited. but i’m not as worried about developments like this because we have people like you. you remind me of vortex and the uasf. with people like you around to call for arms - i’ll be there when the time comes. but bitcoin carries on, taproot and schnoor are pretty much guaranteed at least no drama there.
have an upvote from me :) to be clear, i think it is possible he may be a "maximalist", and elon may just want the whole thing to be green, and these are great principles. but they are pointwise intersections of two lines of principle - the crypto community's and rich entrepreneurs'. to think it implies more intersection is a bit too much hopium. i thisagree with cults of personality (they lead to people offloading their critical faculties onto the particular individual) and the methods by which billionaires attain their goals, *even if they are the same goals as mine*. which they almost never are. they just seem to align partially when looked at from a shallow perspective. whether we call them "strange bedfellows" or "alliances of convenience", people who want the same goal as us now but generally are antagonistic in other areas should at the very least be greeted with skepticism. not idolized.
very well explained, thank you so much
well i dont see it this way. the miners are free to choose what energy they use or transactions they want to add to the block. this is b design of bitcoin protocol. they will simply be less effective and profitable. their choice. the 2017 bitcoin block size wars was a completely different thing. they wanted to alter the protocol itself to serve their needs. that was a red flag. this is just some billionares larping in front of government printers.
are some of these people not public companies how is the sec not involved in this yet. microstratgies, riot, tesla. this is literal collusion of public companies to affect their stock price. i am starting to be concerned with elon's irrational behavior and the future of tesla considering it is such a large part of the u.s. economy. the conspiracy theorist in me thinks all this has something to do with tesla sales in china being in such decline.
i agree with your criticism of elon, but this was probably the most pragmatic move michael saylor and the bitcoin mining industry could make. i'm impressed they did responded so quickly.
i read more energy was used for christmas lights in north america than making bitcoin.
exactly and it really is not any of their fucking business anyway how the energy is created or from what. if you do not like it do not use btc. it's as simple as that.
pretty sure the miners are also using clean or recycled dirty energy of some kind.
i guess thats true. my main problem with elon was not his remarks on energy consumption (although that was pretty misleading) it was when he doubled down and said it was not decentralized based on the mining. at that point he was just ignorantly spreading fud because someone pissed him off.
it doesn’t even have to be intentional. once hfts get involved any and every comment is analyzed to death and can drive markets haywire.
i don’t think he does it for his own gain. i don’t think he knows what he does and i think he has people that make sure he gains.
exactly, bitcoin reached 50k without any figure heads nor knowing satoshi. who tf is this guy? tesla not his idea, bitcoin not his idea. his thoughts and influence shouldnt dictate how market or what crypto people adopt. having him might be profitable in short run,but defeats the purpose and long growth.
doesn't crypto mining use more electricity than is generated by all the world's solar panels? i saw that as a headline, but never looked into it.
he's keeping his enemies closer
rofl, this guy thinks "anarchists" is a single thing with a single belief. if there was ever a single truth about anarchists, it is that they never agree with anyone on what anarchism is, not even other anarchists. if you were to read up on anarchism, you'd see that there are many different branches that fall under anarchism and they all have very different ideas about pretty much everything. you'll also see that many of them believe that markets should be free. here's an example, just to get you started:
i meant anarchists in the broadest form, not just libertarians. pretty much all anarchist movements say that some form of regulation will happen automatically. only few want a community (or no community) without any rules, those are usually sociopaths, because they would like to murder and rape without repercussions.
name one other person who started a car company in the last 50 years that will beat the legacy auto makers. good luck
no one said he is not smart, just that he behaves like an assshole.
>also that book doesn’t shy away from criticizing musk either. it shows him as a flawed person with an insane work ethic, a unique mind, and a willingness to die for what he believes in. that's not criticism! that's just framing him as "eccentric", which only helps the image he is *selling.* he's a *hype man* born into wealth who **bought** his title of "founder" of tesla, and he runs around the world acting like he is tony stark when the only "engineering" he does is give *himself* the title and then the credit for what his actual workers do. the reality is that he is exactly like steve jobs! he's just a narcissistic hype man who steals credit, manipulates markets, engages in myriads of exploitstive and unethical business practices, goes off on those who dare criticize him in any way, and sometimes he loses the mask in public and we see the spoiled child beneath. and yeah he is *sooooo* dedicated to the advancement of progress that eu laws had to **force** tesla to actuslly adoot a standaedized charger, while in the us tesla actively contributes to holding ev tech back by clinging to brand-specific charging stations.
and his rocket company could be led by basically anyone else. he gave himself the title of head engineer **despite not doing the actual engineering** and people just lap it up because *daddy musk*. fuck him. he's a *hype man*.
tbh i thought segwit2x was more an attempt to split the uasf in two in order to promote btrash, it was never a serious attempt to promote segwit
then why should not worry now that this will also fail miserably?
ah im up to speed on the fork war and what it entails, i wasnt aware that the closed door meetings referenced that. thanks for the link, ill check it out
every meeting has to be open to buttscratcher42069?
and nodes control what txns to accept.
changes can still happen through a majority….nothing changed because people decided to meet
zero changes were made
what changes were made?
wonder if that asshole is conveniently ignoring all the emissions spewed out by his other investments. what a load of horseshit.
not sure how they expect to have “green coins”. the transaction fees are mixed with the coinbase payout. they’re all tainted at that point.
humans love overcomplicating. i'll just keep stacking sats while this drama unfolds.
the guys mining on their spare laptop because they like the idea of digital currency are far outnumbered by now by the ones doing it to profit.
would you still be fine if you then get labeled as a "dirty carbon user"? just like people got labeled as a "covid conspiracy theorist" in the past created crisis?
everything is noise, just keep stacking
while elon’s influence over the price of bitcoin is stronger than almost every individual on the planet, it is far from “centralized.” if that were the case, bitcoin would be dead. individuals reacting to someone with a lot of power doesn’t mean it’s centralized and you’re giving him way too much credit.
it's a slippery slope, so no.
game theory is that the fees on censored transactions will be much higher to get in blocks from censorless minors. this makes censorless mining pools more profitable, making it so they can get more hash power faster to become larger share of network.
agree with you but i was referring to the worshiping of billionaires part in reference to the comment i replied.
bringing people into this community that neither know what they are buying nor will engage with the protocol is not a benefit to this community. as evidenced by the vast amount of misinformation and the support of these protocol attackers it does **considerable** harm.
repeatedly insisting bitcoin is **only** a store of value and not a currency or anything else. he cannot see the protocol from the price. the worlds most expensive mutability mechanism from a use case.
if gigachad bad, all bad
>so, what would you say about bitcoin being the industry that uses the most renewables in its mix? (39%) considering i'm the one that has said this and spread this information i would just tell you to look at my history. kind of weird to have a random person throw that back at me though 🤷 am i supposed to ignore the dirty energy being utilized by industry? the fact your comment is getting upvoted and mine is not shows how far this sub has fallen.
> besides, with mixers the argument about "clean blocks" is total cah. what happens when ofac expands the scope of their requirements to exclude mixed coins? it is a slippery slope. give an inch, give a mile.
all good points, and half the battle is this message, as a yellow flag on the field. the "passion" just helps carry it forward.
well its also appeases elon if he is there to "solve" their problem by selling them his energy.
i was more hinting at the history behind the new york agreement
if tsla price falls enough, it will just be booted from the s&p 500. you do realize that the us economy (or even just the s&p index fund) does not rely on tesla surviving, right?
make for what? boosting the price so everyone could make money? that's not the point of btc. bitcoin would have moved past the elon hype. bitcoin does not need him, he needs bitcoin
i love an educated and thought out reply. i won’t risk doxing myself but let’s just say in my day to day job plastic is used in just about every single facet of what i do. the amount i throw out in plastic waste in one day at work is probably more plastic than i throw out in a year outside of work. and i don’t even work a job that’s plastic based. it’s just the main thing everything i use is made out of. not to mention do these people think our cotton paper fiber fiat money just poofs into existence? i mean they print it as such but it still requires power and man hours to print.
sorry to double reply. but for fuck sake what do they think we’d be doing with all the gpus if they were used as intended?! we’d be running them full bore playing video games lol.
well it is a valid point that electricity and energy in general could be(maybe) done better. but btc is not the problem in any of the scenarios.
doesn't today's tweet sort of confirm that miners are colluding? maybe not, but it sounds like they might be? maybe he knows more than we do. i do not know obviously, just asking a hypothetical question...
then why are you framing the question like you already know the answer...
yeah definitely agree or not agree nether of them are going anywhere whats done is done, one thing for me personally i'd sooner michael & elon work together than against each other because the way it is now sadly we all know which one will be the winner if they did not
i have seen nothing to indicate that either of them are above average intelligence.
musk did not start tesla. he bought the title of "founder"
is he even smart? he comes from big money, and has no morals, constantly makes an absolute fool of himself, and his company is massively overvalued. the bubble is gonna burst once the major auto players roll-out evs in earnest.
> that’s not criticism the book goes into a lot of criticism actually. have you read it? i don’t have time to type up the entire book here dude... > he’s a hype man born into wealth he paid his way through all of his higher education, his dad did not give him any money, he has by most accounts lived a normal middle class life by western standards. the sketchy stuff his dad was doing doesn’t really mean he benefited from it. he doesn’t even talk to his dad anymore from an article i read that came out about two years ago. the book also covers the difficult relationship he had with his father. spoiler alert: his dad sounds like a real piece of work. > narcissistic hype man who steals credit, you could certainly make a compelling argument that he’s a narcissist to an extent. but i have seen no firm evidence of him stealing any credit. do you have sources to back up that claim? > us tesla actively contributes to holding ev tech back by clinging to brand-specific charging stations. i’m not familiar with the eu issue though i would bet money the devil is in the details and it’s far more nuanced than you’ve stated here. regarding the us, i’ve read that tesla allows other evs to charge at their stations, you just need an adaptor. how is it that they’re holding back ev tech if that’s the case? other brands are also welcome to create their own charging stations. why should tesla have to build all the infrastructure and then do what other brands tell them to do? if tesla is spending the money to build the charging stations, they have a right to design them as they see fit. i would bet money again that if they’re designing them in a way that’s non-standardized with the competition, it’s not because tesla is a dick, but rather that the competition and tesla can’t come to an agreement on a standard in the first place.
it was not an attempt to promote segwit, true. it was an attempt to promote 2x, the block size hardfork. it was not an attempt to promote bcash, no. there are some common misunderstandings around bcash, segwit2x and roger ver. the truths are: 1. segwit2x had nothing to do with bcash. bcash parted with bitcoin before the activation of uasf, which was before the activation of segwit. 2. bcash is jihan wu's coin, not roger's. 3. jihan always made it clear bcash was not bitcoin. roger, on the other hand, claims bcash is bitcoin. 4. roger ver was not a fan of bcash when it is created. only months after segwit2x failed did he start to promote bcash. 5. jihan liked bitcoin. he just liked his covert asicboost more. roger hates bitcoin. he is a shitcoiner. i do not think segwit2x was an attempt to split uasf because the latter was for users and the former was for miners and businesses.
it's not segwit2x that we should be concerned. it's the collusion to hijack bitcoin that is what we should be concerned.
if you have the time, dig around the mailing list a bit, there is some eye-opening back and forth between people advocating against the hardfork for safety(eg dr. adam back), and those supporting it with a my-way-or-burn-it-down type attitude. personally, i lost a lot of respect for some of the people and businesses in the space during that era, they really outed themselves as having no clue why bitcoin is an interesting. the mailing list serves as a great reminder of what happened during that time.
you supported new york agreement ?
the creation of a bitcoin mining counsel, led by two billionaires, is not full-blown “centralization” - but it is a step in the wrong direction.
no, you should be in prison for market manipulation.
i wonder if they would deliberately mine at a loss, eg cheaper txs, just to drive out competitors?
dude, it is because of michael that i researched bitcoin, i learned about seed phrases from his interviews and bought parts to run a full node on a raspberry pi. he clearly knows what bitcoin is. he literally stores it on his own cold storage wallet. he understands its a protocol, and has said as much. he's compared it to tcp. michael is not a saint or anything, he is just a guy. but bitcoin was designed for *everyone*. billionaires, banks, your hairdresser, your neighborhood street sweeper. hal finney even says as much, and talks about it being adopted by banks and institutions as a necessary part of its life as it becomes adopted throughout the world. people are free to do what they want with bitcoin. if they want to let someone have custody they are going to do it. should they? i do not think so. but that is their decision. technically everyone that has bitcoin should also have a full node. but hey, we only have 10,000 up and like 100 million bitcoin holders. all the stuff happening to bitcoin right now is necessary. it's part of its mass adoption phase. there are going to be entities that try to control it. they are going to do stupid things like talk about their green bitcoin or whatever. in my opinion, they are all going to fail. bitcoin will win. so chill out, michael is not elon.
bitcoin has not yet reached it is true price and is in the price thiscovery phase. we could be here for weeks, months, years, decades, or bitcoin could never leave the price thiscovery stage. only time can tell :)
by setting up a council you are in ways setting up an institution that can wield power over bitcoin . this maybe ok in the short term for certain short term goals but ultimately could grow to be more influential thus centralizing btc.
in addition to what others have said, i'll add that he acts like smoke to bees, dulling their sense of danger in the market, by constantly tweeting that his company "bought the dip." in reality he bought each dip (55, 50, 43, etc) with pocket change and his average price is still way, way below any dip we've seen so far (avg px \~). the only skin in the game he has above . his dick skin is sitting pretty in low 20's.
because 'what saylor' is talking about, is "centralized power" ... and that is anti everything bitcoin is about; (decentralized power's economic freedom)
>am i supposed to ignore the dirty energy being utilized by industry? well... other industries use more dirty energy than bitcoin does. you should crucify them before you crucify bitcoin. more like removing the log in your own eyes before pointing at the speck in your brother's eyes.
very true: someone had to say it. thanks. 👏
i realize that, but tesla still makes up nearly 2% of the s&p 500. that is a sizeable chunk considering the s&p 500 makes up about 82% of total u.s. equity market value. i am not changing my investments, but it is just concerning.
i think you should consider the following. michael saylor and elon musk are both well aware of the importance of public relations and regulations. one of the smartest ways for any industry to overcome fud is with self-governance. for example, the film industry largely avoided censorship long-term by creating the mpaa ratings system on their own. the videogame industry did something similar with the esrb. if the bitcoin mining industry can be proactive in pushing themselves to use green and renewable energy then this can help to diffuse attempts to ban or restrict mining such as what we are seeing in ny.
i work in construction and it kills me throwing away the amount of material we do. even worse because i've tried so hard to voice my methods which would save the company time, material and labour but nobody cares. maybe with that saved money i could have a raise? but nah. easier to just throw things away then order more.
or porn. no one is crying about the amount of energy used globally to supply porn to the masses.
yes and multiplayer gaming is a huge energy waste and will destroy the world! we must make sure everyone that plays games uses a certain amount of renewables or you get a tax from the government. we must form a gaming syndicate to deal with wasteful energy uise. rah rah rah!
maybe. the more i look into it the more odd this sounds. make me a bit wary...
i think you overestimate what average intelligence actually is. but people definitely overestimate elon, so i’ll allow it.
depends on whose average intelligence we are talking
well. ok then 🤝
are you talking about musk?
lol. please spare me your semantic bullshit
> uasf [...] was for users and [segwit2x] was for miners and businesses. uasf was initially targeted at the "economic majority" (in particular exchanges, businesses accepting bitcoin and wallet developers) not at users. when uasf failed to gain economic majority in comparison to segwit2x(which claimed to represent 14 exchanges, , 80% hashpower and 20m wallets) they pivoted and tried to reframe "economic majority" as "full nodes", which they also failed to do as the percentage of uasf clients never exceeded 13% (presumably many of them were new clients added to the network, not ones who switched from bip9). so if you think uasf was a success made possible by users then you are fine with a minority of users affecting bitcoin policy against the will of the majority which is not so much different to an "evil corp" nya.
no but waiting to judge what happens is the best course of actions. miners don’t control bitcoin, full nodes do.
not to say there was no virus. but if your eyes did not open to the reality that the whole ordeal was used to further a political agenda, then wow... i am afraid you cannot be helped anymore mister.
me? lol i hold like .01 btc. you need to get back on your meds bro.
if you are newer, welcome. we're glad to have you. please learn from the war torn history that brought us here it's not about bitcoin not being for billionaires, it is about constantly lying on tv and twitter about what bitcoin is and is not. does saying bitcoin is like tcp? saylor is just another self serving business user and all the power to him, but the idolization we keep seeing of members in the business community from shrem and karpeles to ver and wu to armstrong and silbert to musk and saylor - they are not serving bitcoin they are serving themselves and as fine as that is the idolization of it is downright dangerous to the people tricked into listening to them and on occassion even the protocol itself. bitcoin does not need authority figures directing people, let alone misinformed ones. we go down this path every time with these new community members and it ends the same every time. mining council of censoring miners is just a nya or bitcoin foundation of another name.
as if my comment itself cast a magic spell on you, you saw nothing i said except price. this community gets ridiculous during bull markets.
haha just straight up thanks for the laugh dude love the username gave me a chuckle so thank you.
what if it is a council of ricks?
but was it not always inevitable? bitcoin should be built to withstand any outside force.
"to promote energy usage transparency, and accelerate sustainability initiatives". how is this about centralized power? haha. you all sound like little children throwing a tantrum. anyone is still free to mine bitcoin with the blood of greta thunberg if they want.
whataboutism (also known as whataboutery) is a red herring version of the classic tu quoque logical fallacy — sometimes implementing the balance fallacy as well — which is employed as a propaganda technique. it is used as a diversionary tactic to shift the focus off of an issue and avoid having to directly address it. this technique works by twisting criticism back onto the critic and in doing so revealing the original critic's hypocrisy. the usual syntax is "what about...?" followed by an issue on the opponent's side which is vaguely, if at all, related to the original issue.
>you should crucify them before you crucify bitcoin. and you should not presume the intentions of individuals who you know nothing about. get off your high horse kid. unlike you and everyone else i practice what i preach. i do not need to crucify anything i just need to reconciliate with the facts and recognize that all industries need to transition to renewables at an accelerated rate in order for us to meet our 2050 carbon neutral goal. if you had an ounce of intellectual honesty you would recognize that current promises and goals of global sovereign nations will fall far short. if you were not aware of this or the incredible amount of research supporting this then shame on you for ignorant postulation. bitcoin and other proof of work currencies have an opportunity to demonstrate to the world that they have the capability to accelerate market efficiencies so that energy sectors can capitalize on rebalancing thereby transitioning large energy consuming industries too renewables. aka practice what you fucking preach. now i'm done taking pseudo lessons from children on reddit. kindly go fuck yourself mr 5 month account. if you were in an individual of reputation you wouldn't change your account so often you shameless twat. maybe write less embarrassing bullshit and you would not have to change your account so often.
no 'one group' should have any say so over our money; that is the entire point; if people in bitcoin space do not understand that, then they need to have that part explained to them better, because this really should not be up for thiscussion; that anyone is even trying to give them 'the benefit of the doubt' - is entirely unacceptable. that's the opposite of what bitcoin was 'created' for ----
>tesla still makes up nearly 2% of the s&p 500 for now
if tesla is removed from the s&p500, another company takes its place. it's not like this 2% suddenly evaporates from the economy. tsla will still be listed on the exchange, just not part of that specific index.
the mpaa strangled the living shit out of creative cinema, and you could argue set hollywood back by a generation. musk half understands public relations. the other half is a train wreck. that’s why we’re talking about him now. he may have contributed to the price collapse over the last few weeks (if you hadn’t heard), and i’d like him to fuck off and go away.
mpaa was the start of the reason why if you go to the movies these days, you have your choice of 2-3 marvel poops or 6 reboots of movies you saw 30 years ago.
bitcoin is good without michael and elon. so i do not agree with your take, humbly. we do not need speaking heads.
control of our precious self-controlled money will never stop slipping away. first it is climate change, next it is stopping terrorism or ensuring social justice. it's supposed to be money and money only.
green energy is bullshit. they'll never stop, they will never be happy until bitcoin is under their control. do not give them an inch. this is not about the planet you fucking morons miners should burn tires just to piss them off.
michael saylor commited fraud in 2001 after crashing his company - 99.50%. i doubt he cares about regulations lol
only if you're afraid of regulation. bitcoin does not give a shit about any regulation.
as someone who's pro-esg, i'd prefer the fud. it was inane and easily thismissible, just check any of nic carter or hass mccook's work. centralizing mining behind any governance structure is a bad idea. if that structure is in the pocket of billionaires who care more for number-go-up than about decentralization and revolutionizing access to money for the 7 billion people in this world, then they can fuck off. this is not a game, it is a revolution.
this! this green energy push was going to be used as the attack against btc to crush it, using the excuse of the environment. elon for all the crap he is getting, forced the issue and for the thiscussion to happen now. then shows plans for fixing the issue. i fucking hate this mining cartel as everyone else here but if someone does not act so tho they are fixing the issue in the public eye this is the very thing they can use to shut btc down. do not think for one moment governments would not use "environmental hazard" to make cryptocurrency go away. the sec is going after other cryptos for being securities and if btc falls it will take years to get half way back to where we are now and central bank currencies will have the head start. i hate this but we need a face to say they are fixing the environmental concerns. whatbis more worrying is now the media is looking the "limited renewal energy, we should not waste it on btc" approach. this is war against btc.
this is true in all corporations across all industries. economies of scale are more than offset by wastage of scale.
that's because they are making huge profits off of porn.
ok. explain how buying a title at a company makes you intelligent?
diamond mine aka apartheid money yeah dude no big money there. go read up on the guy and stop worshiping false idols
bullshit. uasf is a soft fork that is compatible with the original protocol. it is legal in the eyes of the old nodes. the design of bitcoin is in a way so that not everyone needs to update their nodes. in reality, only a small amount of people understand the technicality. these are the people who will lead the direction of bitcoin's evolution. with that being said, any group of people, such as a "council", can run a softfork just like segwit uasf. they have the same freedom. at the end of the day, it is the network that decides which fork that it supports. and in segwit uasf's case, the uasf was proved to be what people, including all miners, wanted. segwit2x, however, is an incompatible protocol change. it is illegal in the eyes of existing nodes. it's why it failed. of course, it also failed because the code was so buggy that it failed to come live. the reason behind it is because few people, and consequently developers, supported it. in short, no real users wanted it.
could not agree more, that’s why i finished my sentence with “time will show”.
yeah? full nodes do absolutely nothing to secure the network... 1 miner can mine blocks with zero transactions all day long and a 1000 full nodes cannot do anything about it.
learn the english language, you can be used to say many things
can't argue with that. and thank you for the welcome. saylor's comments on it not being a currency have more to do with the government not viewing it in that light. currently, the us government taxes it on conversion to usd, and consider it an asset. i do not speak for him, but from listening to him, it *seems* he would change his tune pretty fast if bitcoin hit 25 million and usurped the us dollar in purchasing power. and if lightning network points of sale hit every store, with the 1st layer becoming a settlement layer, everyone would just use bitcoin over usd anyway. because bitcoin is still relatively small, governments still have some dictation over its uses. but if its purchasing power and utility outpaces the us dollar. governments wont really have a choice in switching to it, lest they be ignored entirely. similar to how they do not have a choice really, on using the internet today. even if these miners try to censor bitcoin, it wont work. full nodes dictate the rules in the end. the network was designed to resist this sort of thing. it's going to fall flat on its face no matter what saylor, elon, or any rich assholes try to do. and if saylor goes along with clean coin or whatever the fuck. fuck him.
someone [already did that]( actually and it is a neat idea
yes, and i believe it will, but that does not mean you should not express your thisapproval at those involved and take actions opposed to those actors...
yes thanks, i derped
do you comprehend what the mod just wrote? this opens the door to rubber stamping some satoshi s over here as legitimate and others over here as tainted and not within the sphere of acceptability within our mercantile exchange. fuck that noise.
i understand and agree that it is not a straight line to "centralized power". in fact i do not think it is a line to centralized power at all, curved or otherwise :) but it opens the way for thiscrimination of coinbase btc (coinbase being the name of the special transaction in a block giving rewards to miners, not the company). it is a sneetches story. miners weaponizing their energy status to show "green" coinbase transactions (*stars upon thars*) highlights those who have not thisclosed their energy sources (*no stars upon thars*). and those coinbase txns can be simply marked tainted (this is an offchain thing, but need not be centralized), making them unusable to any exchanges who are pressured to be "green" too and accept only green utxos. the thing is, as with the sneetches, miners would never do this on their own - it is a costly arms race and in the end none of them are excluded because they are all green. so you need to look for sylvester mcmonkey mcbean. who is the guy who stands to make money from everyone going green? who's putting stars on their bellies? in fact, just like mcbean, elon spread fud before coming around with the "solution".
found the paid shill.
the green energy meeting is just a facade. its the fact that there was an actual meeting between the main players. such as michael saylor being the next jp morgan of bitcoin, miners who control hashing power, elon also a big whale elitist celebrity, maybe also other elitist that they did not mention. this is a sign of centralizing power. its like how central banks and big institution (jp morgen) manipulate gold prices, because they (us, uk, china, germany, jp morgan etc) hold the majority of the gold. this is what's gonna happen with bitcoin in the future. elitist big whale bitcoin holders are finding eachother through social media, exchange business cards, and then you will have a bitcoin g20 council secret meetings.
the truth is people have a hard time taking responsibility. so they resort to deflection and projection instead of intellectual honesty which is merely recognition of reality. thank you for your eloquent words.
so... how is that a fallacy? why go after a smaller problem when there are bigger problems? in fact, bitcoin is more of a solution than a problem, since it uses more renewable energy than even the renewable energy industry. why go after a solution when the problem is right there staring you in the face?
>now i'm done taking pseudo lessons from children on reddit. kindly go fuck yourself mr 5 month account. if you were in an individual of reputation you wouldn't change your account so often you shameless twat. maybe write less embarrassing bullshit and you would not have to change your account so often. lol. and you wonder why you're getting so many downvotes?
careful, gatekeeping in bitcoin as to what opinions are acceptable or not is also opposed to what bitcoin was created for: do not trust. verify. to me miners signalling for taproot and schnoor are way more significant than this. it seems like miner's are not too concerned about this more than getting taproot and schnoor merged with their apparent silence. this is why i am wondering if any miners can chime in about what their opinions are before i can make a better understanding on this issue.
i thought that was explained by americans lack of creativity and ability to make lowest common denominator products for mass markets
no i’m saying both of those dudes understand the impact regulations have on business. this council is a wise proactive move in my opinion.
it's gross. i want to unsubscribe but this is the only option it feels like.
you realise he is the chief engineer of spacex right? and not in a way where he just calls himself that because he put up the money for it.
please continue using semantics to prove your point
i agree with most of what you said (esp. that we can be glad that the segwit2x implementation failed), mainly because most of it (hardfork vs softfork) is only tangential related to my critique that uasf had only minority support by any group. "uasf was proved to be what people, including all miners, wanted." is a fairy tale though and the numbers prove you wrong: 13% of nodes, <1% hashrate, 5% weighted economy support (exchanges) and 50% of core developers supported uasf. support by core developers is literally the only category in which uasf had more support than segwit2x. often people argue that uasf had to have had large support **only** based on the retroactive fact that segwit activated, i.e: segwit was activated, thus uasf was a success, thus uasf had to be the will of a majority. this is a fallacy and simply **not** supported by any numbers. the activation of uasf had **no** effect because segwit was already locked in via bip91 (essentially by combining regular bip9 segwit and segwit2x votes and reducing the activation threshold from 95% to 80%). please note that i am not saying that uasf did not encourage miners to signal segwit. i am just saying that no numbers support the claim that uasf had majority support in any group (with the exception of core devs maybe). so, uasf supporters have to face the fact that there are fine with either a minority user group or 50% of core developers being sufficient to push through a change against the will of the majority. cognitively, it is much easier to just convince yourself that uasf was in the majority, when they were clearly not.
okay, and mining empty blocks will be viable for how much longer? next halving is in 3 years. and you realize this hurts their own bottom line too, right? like biting the hand that’s feeding them.
kill off mom and pop businesses (that tend to vote republican) in favor of their large business donors (that give large amounts of money to democrats), at least in the us. that's just one thing. closing churches (republican) while leaving casinos open (democrat). etc., etc., etc.
learn? lol i've been speaking it for about 30 years, since birth. i think you need some mental health services.
the idea that bitcoin needs to hit a specific market cap or have lightning in x stores to be a currency is just wrong. i have been using it as currency for years and years, just last week i made a dozen onchain transactions and a bunch of lightning ones. saylor is denying that is happening today or has always happened. but currency is just one other use case, saylor denies all other use cases except store of value. he cannot see a single use case from the protocol. as for resisting miners that is not a passive process. it starts with not masfing like we are right now in the first place. are you aware that if nodes want to stop a majority of miners from censoring transactions we may need to fork pow? there is no clean way to uniformly identify and reject censoring blocks. the best defense is stopping it before it starts.
it’s been a while but you got me
how is that possible. they would have to fork it. in which case, bye.
*laughs in kevin o'leary*
does not taproot prevent this kind of thiscrimination considering most of the bitcoins that will ever exist have already been mined?
i'm not naive enough to think these miners werent already in contact with each other. they are agreeing to be more transparent with regard to their energy mix (a few were already doing this anyways) this is tantamount to good publicity for bitcoin. that's it. they cannot control or take over bitcoin. you can act like chicken little but people will ignore you when a more realistic threat emerges. i choose to focus on the important things.
says the guy getting downvoted. did you not look at my karma? you're a drop of piss in the wind compared to the reputation i've built over the last 7 years. go back to your cave troll.
well there is that, too. european movies retain their quality...
how is this downvoted?
how would you know? he literally paid people obscene amounts of money to spread the lie that he started tesla. how can you trust anything people at his companies say about him?
lmao he is not engineering shit.
what semantics? you're arguing he is intelligent because he... did what?
the war about segwit had been going on for years before uasf, and the the objection from miners was fierce. only a few months after uasf was up, bcash forked off and segwit was activated. it's simply a fact that uasf activated segwit. only enemies of bitcoin argue against it because they hate the decentralization of bitcoin. the fact that even jihan wu and roger ver mined segwit is the proof that they supported it. they had the freedom to mine whatever they wanted. no one controlled them. it is a fact that there was majority support. core did not implement anything out of their will. it's the community that decided to go for segwit. this is why segwit got implemented in the first place. when it comes to the activation, only about half of all core developers supported bip148, the other half were against it. it was roughly 1 vs 1. the objection came from prominent developers, such as greg maxwell. the supporting ones could not even beat their peers in core. saying bip148 is a result of 50% core developers pushing is simply false. in addition, even within the 50% supporters, only a few actually pushed bip148. most of them only expressed their stance after someone set up a page for them to fill in. that makes your statement double false.
sure, but the point is that miners control the network.
english isn’t even my native language and i’m better than you at it, that’s kind of sad.
not exactly. bitcoin the base layer. they’re just going to attack it from the on and off ramps. the blockchain will be used to show where your sats came from and charge you a tax on ie extra use. more concerning. is gov start subsidizing certain mining pools and deliberately run certain miners off the network. they talk about a global paper. very concerning stuff. gonna lead to a lot of scary shit happening. this community is terrifying when it starts rattling.
that's exactly what happened in the past.
this is what i was gonna say... “mr wonderful” was the first nutsack who mentioned green bitcoin. i wonder if elon is just following suit or if they were scheming beforehand?
yes, taproot goes a long way. in the beginning it will be rocky for those who opt in to the p2tr transactions, because they are early adopters and so are easily identifiable (or their txns are). but as more people jump on and critical mass is achieved it helps with anonymity. as with many movements, people who are not directly impacted (e.g. they do not care or need to care about privacy, or are otherwise unassailable, or have other armor) are precisely those whose participation is welcome and needed.
thats how they start. need to talk of something important first like green energy, but eventually they will work together. its like how gold is being manipulated by central banks and jp morgan.
ah. you must be fun at parties. see how proud you are of your imaginary internet points.
what you've said is only partially true. he did settle a case to be listed as a co-founder of tesla along with the person he was settling with but he provided pretty much all of the series a funding to get the company moving... and just look what they eventually accomplished. so asking to be listed as co-founder is entirely reasonable considering what he gave to the company, not only in funds, but by overseeing the product design. what had they accomplished before elon got involved?
you’re a clown man. starting a company, whether he bought in or not, has nothing to do with the transformation we’ve seen. it’ll be number 1 market cap shortly. and here you are talking shit, like the clown who doesn’t know what semantics means. go play with your dick.
> that makes your statement double false. which one? everything you said is in line with my argument: uasf had 50% core dev support and only minority support in other groups. if you think uasf was the sole cause of activating segwit you either believe that a minority group (87% of nodes did not run uasf) or 50% of core devs are capable of changing bitcoin policy. it is fine if you think that support by core devs did not have an effect, but then you have to acknowledge that you were fine with a minority group successfully affecting bitcoin policy change by threatening a fork (which is dangerous imo but digresses from the topic on uasf being supported by a majority of users). you claimed that uasf was what people including all miners wanted, yet all published numbers prove the exact opposite (node count). if you know of any numbers supporting your point, please let me know - i am not aware of any. and just to prevent any derailing: i am not here to bash core or support nya (like i wrote in the parent comment we can all be glad segwit2x) - i am just fed up with the "uasf was a majority grassroot movement by the users" - narrative. i was there. it was not. retroactive glorification does not change history.
they don’t… mining empty blocks might be stupid and mischievous but it doesn’t hurt the network in any which way, and doesn’t give them control over anything. perhaps getting 51% of the miners to mine empty blocks would suck, but even then? worst case scenario, transactions take twice as long and are twice as expensive, and then the dumb ass miners give up tx fees for as long as they can until it isn’t worth it to mine empty blocks anymore... lmao
breaking: canada does not understand how crypto works!
lesson for many - the risk of government confiscation of holdings held at cex , and it is not limited to authoritarian jurisdictions.
quick, call bitcoin ceo!
wait until they start to block physical bitcoins
what a mess. on the bright side, i suspect that bitcoin will come out of this stronger than ever.
first time i’ve heard of nunchuck. now i’m a fan.
probably one of the best marketing campaigns of 2022
last sentence is like "get rekt boomers"
decentralization standing up to the test
ya i don’t know why they gloating about taking peoples crypto. anyone who has a lot of money is not keeping on exchanges. i see them on the news talking about confiscation of crypto and just laugh. we been telling y’all to not keep your shit on exchanges. just sayin
this is proof that government is uneducated about bitcoin, and how it works. they can't stop it ... they can't manipulate it ... i love it! edit: added the court file information. i did a bit of digging... here's the ontario court file no. cv-22-00088514-00cp i have also listed a direct path to the pdf canadian court file.
great marketing. i’ve been looking into taking custody of my money, but i’m completely lost. is nunchuck a good place to start?
screw you tridau …...we love you canada
link to the court injunction that they received. note i'm not affiliated with nunchuck wallet in any way. just saw their letter on twitter and thought it was worth sharing.
so i wonder if those wallets were included in the 34 they claim to have frozen? also wondering how they only managed to freeze 34? i probably have half that many wallets myself. it does not sound like they have any type of real time software making wallet to wallet connections. so i would assume even if you were on the target list if trade your crypto for something with low gas fees, you simply wake up ten minutes earlier every morning, create a new wallet, and transfer. by the time they thiscover your previous wallet, the next wallet has already come online.
damm the last sentence slap in the ass
translation: this is not td bank, ok? i'm bitcoin, bitch!
this is like sending demand letters to the makers of physical wallets because they may contain forged currency.
fuck yea! i love this technology
i fucking love that last line 🤣
loved it man, they are doing the best they can right now.
they are a bunch of based people, i love their response.
faith in bitcoin restored
we should support this team, with free lawyers, they are going to need it because governments are shit. let's help them! time to kick the government in the balls.
only way the government is getting my bitcoin is to pry my ledger from my hands. then i just go buy another one and enter my seed phrase…rinse and repeat
wow. i’m proud to be a “crypto guy” right now.
this is exactly why we must move into this new age of technology where these fucks, can fuck off- especially with what i do with my hard earned money. bitch.
🤣🤣 🤣 i'm dying here.
i thisagree with the protestor and i believe they are wrong (this is my right, no need to hate me over it, as the protestor say, we just want peace) but i fking love nunchuk response. this is why crypto will dominate. i love that they cannot take the money from the protestor (even if i am against them!) this is in my opinion true freedom.
contempt of court is such a bullshit charge. i heard you can get convicted of it without a jury...? is that the case in canada...
this is fascism being shot down at its best
man i bet their sphincter tightened just s bit after receiving the beauty! fuck'em!
haaa it’s like one giant fuck you
this is awesome but this might trigger something in government for more rules as they see their power losing
that last line, genius
>"when the canadian dollar becomes worthless" about 10 years ago, no?
wonder what they think canada would look like if its currency became worthless?
that’s enough for me! i’m signing up, great marketing!
owned! like a fucking boss!
is this real lol. glorious.
best email i've seen in the past 5 years... deserves an award
this made my day.
apply maple syrup liberally to the burned area
that last line though... mic drop.
that last sentence kind of ruins the delivery. stay humble while you watch the system crumble.
that last statement bruh!
it'll be interesting to see how this all plays out, considering the better vpns take the same approach (no stored logs, by design).
i love that nunchuk just pwned canada
canada becoming fascist state.
that was a appreciable response, i really got more respect for them.
ha ha , most excellent
i really hope this is real.
awesome stuff, simply a great response!
they gave the best reply right now, i feel so happy by that.
this has gotta be fake right
fuck yea nunchuck. this makes me want to get one of their wallets
"we will be here to serve you, too" 👏👏
get whoever the hell wrote this a god damn beer. what a legend 🤣
wild times that crypto is down when government overreach is up...
i feel sorry for the brains of these politicians man, fucked up.
god bless this team
epic! love this shit. fuck the fed, fuck corpo government, fuck power hungry ego maniacs! we are the people for the people! but also fuck those lame ass protests, those fuckers are corny and cruel to the citizens of ontario.
wonder if canadastan is a test bed for the davos crowd on monetary confiscation?
good. fuck canada. tbh they seem to be acting like a bunch of back patting fascists. i’ve no idea what’s going on with the “truckers” but if they are breaking a law you’re welcome to arrest them or take them to court with thr laws as they exist. trying to using banks and finance houses to circumvent the need for a court processs by making it “impossible” for them to protest by freezing funds etc etc that to me sounds thisgusting. if they are breaking the law go……...arrest them. otherwise enough with this law bypassing bank “freeze” without court order bullshit. anybody who has a modicum of respect for protest no matter if they agree or thisagree with the reason should be outraged. i sure as shit don’t recall the protests of the 1960s in america having their funds “frozen” so they can’t pay rent or mortgage. or have their pets (dogs cats) taken and rehomed (or euthanised) after 7 days of no claim. of which you know they are going to keep you longer than 7 days “just cos” i honestly cannot even believe what i’ve anecdotally seen and heard. as a layman observer this is the most boarderline fascist shit i’ve seen in the western world in my lifetime. if laws are being broken you have ample police to bust heads and cuff people. which history has shown is dubious anyways (see 1960s flower power protests etc against the war) tbh canada sounds foul. using no due process banking shills to freeze money and make somebodies life effectively over forever without a court to oversee is **disgusting** **who are you to know better than the fuhrer of us all?** people should see what nazi mock trials looked like. no canada isn’t killing jewish people but damn the mock trial mock justice crap is just as cringe as germany. it was genuinely thisturbing to see gov officials smiling and giggling about how banks were at their beck and call to freeze funds. not a little funds. but all funds ar the simple “cos we asked”. no oversight. no trials. nada. frozen. gone. and then to have warnings from police about how journalists shouldn’t ve around in the zone or subject to arrest? the. fuck?
damn monique, you dun fucked up
any thoughts on the nunchuk wallet? this is the first i've heard of it.
haha, brutal! two points for ~~gryffindor~~, i mean the nunchuck team.
tl:dr- suck it trudeau
fatality! in other words, 10 truckers and a few hard wallets is enough to topple a national economy. just as the prophecy foretold! not your bottle, not your syrup ;) hodl the line boys and girls. this is just starting to get good!
i highly appreciate this one, they are the best in giving responses.
ug. that last sentence is cringe. at least have grace instead of doing a “totally epic thiss”.
>ha ha, that is not what robinhood told us about this 'crypto' currency -canadian government probably
they are basically saying; f😀
damn, the balls on these guys. fucking love it!
now this kind of response all the wallet should give them.
canada is going through a lot nowadays, government is taking l.
nunchuck has just gained a customer.
a pretty good way to tell that you do not give a fuck about them.
that was a cold note.
buahaha the thisrespect at the end 🤣🤣
god they are such a good people, they know court cannot do shit.
a huge amount of respect for mailing them this message.
glad to see their response on this shitty court order man.
nunchuck wallet just got a huge amount of respect man.
i would expect bitcoin price to skyrocket when the canadian government realize they can’t confiscate bitcoin.
never heard of this company.
haha, that last sentence.
government seizing funds because they do not like their people. this reminds me of old germany in 1939.
bro that trudeau is a fucking dumbass. canada will ask reddit to block r? fucking losers, dont even understand bitcoin lol.
if they feel like they don’t have to comply they risk being removed from the canadian appstore. sure you could still download it from other sources but it doesn’t exactly help business either. people here seem to think authoritarian regimes will just give up, that’s dangerously naive imho.
the literal chad crypto wallet of canada... epic love it when crypto teams tell an actual world government to go f themselves... \[insert chad meme here\]...
god damn the ending!
it's a bit like asking dell to ban someone from the internet because you're too stupid to understand they only produce a tool for accessing the internet but they do not control it.
basically get the fuck outta here
about time someone represents!! yay
ooooh, the knife twist at the end! :)
fucking epic response! lol
fuck turdoe and anyone wanting to do anything bad to those truckers and their families
honk honk hodl the line freedom fighters 🔥🔥🔥🔥🚛🚛🚛🚛🚛✊✊✊✊✊
lol the gov has no idea
well nunchuck obviously benches over 225
you wrote it and sent it to yourself (see "monique" on header). you composed that email. e why? for attention? e again.
this is amazing. i love crypto!!!! we are the future. nothing will change that. countries that try to stop us instead of joining us, will just hasten their demise.
lol this is amazing.
oof, that one cut deep.
as cool as it is if this was a really sent... where's the evidence this email was ever sent...
if this shit does’t wake people the fuck up i’m not sure what will
pretty fascist move, even if you thisagree with these protests. could you imagine if blm protestors had their assets frozen?
canadian govt. is a breath away from communism at this point.
i love reading the comments . crypto either you get it or you don’t .
> when the canadian dollar becomes worthless, we will be here to serve you, too. the absolute mad lads.
that's what i call a winning response. bitcoin is about winning, in the long run. canada thinks small, thinks short term. that is why they fail. they fail to plan ahead. bitcoin is all about the future, what's next. invest in your future. invest in bitcoin.
that last sentence! *emotional damage!*
this is the point of crypto: to make financial crime laws irrelevant. - you do not want me funding organized crime? tough shit. - you do not want me financing terrorism? tough shit. - you do not want me paying for drugs? tough shit - you do not want me paying for a 9 yo girl? tough shit. - you do not want zuck evading taxes? tough shit. just because *you* do not like something does not mean giving someone money should ever be illegal.
the last line gave me goosebumps!!
has anyone used nunchuck before? it’s my first time hearing about them and wondering what users think
that last line was needlessly antagonistic. otherwise, i love it.
the shade lol 💀
if the usd is going down, canadian currency will go down first.
ahahaha! get some! fuck you canada!
i love it. reality is completely surrounded by idiots
love it, canada looks so stupid right now with this whole story.
in the u.k. we have a piece of legislation called the proceeds of crime act, which is famously draconian. in principle, it’s intended to make it almost impossible to profit from crime and the way it works is after conviction, prosecutors seek a poca order, in which they attempt to estimate the value of the proceeds of the offence. there’s two reasons it’s so draconian: 1. the way they value the proceeds doesn’t attempt to gauge profit and the burden of proof largely lies with the defendant. take a drug dealer: the proceeds will be assessed as all money received, _irrespective of the costs of purchasing the drugs for resale_. it’s then up to the defendant to _prove_ they can’t pay the assessment amount and any inexplicable “missing” funds (such as being converted to a secret crypto wallet) will just be assumed to exist and the defendant lying. bear in mind, the defendant is already in prison at this point so rebutting the prosecution’s assessment isn’t easy. 2. not paying the demonstrated final amount results in an additional prison sentence of up to ten years or until the amount is paid. the reason i mention this is that i can see a future where similar legislation is drafted to “prevent criminals using crypto” or such.
"canadian dollar become worthless" not sure they know how it really works
that’s how you respond to fascists.
the worthless thing at the end would have been better off left unstated. no sense in being rude during official communications.
cringe reply to a cringe request.
i'm all for crypto and have been with bitcoin since 2013, but when people say dumb shit like "crypto will outlast fiat" it just makes me cringe.
anyone used them? are they canadian? how do they assist in the key recover process
lmfao the courteous jab at the end; your starting to sound canadian :p
that last line probably could have been left out.
sounds to me like the words of a corporation that has employees with a home address if you're not 100% running your own software you do not control shit, and if you've got your own private keys and a full node on your laptop what exactly does nunchuck inc provide?
that's definitely one way to get on the sh*t.
cute… did regulators decide oh then how do you know you aren’t aiding criminals. ignorance doesn’t work in court, this smart as no lobbying strategy is a good way to invite regulation.
yeah they will pretend to ban it and then buy in with the dip
yo whose tryna get canadian and send some demanding e-mails haha
big dick energy right there
i'm now finally getting it. please post a tutorial for absolute beginners?
i'll sum it up for people who do not want to read: > get fucked, canada. the nunchuk team.
this makes my dick hard!
china together with canada is freezing thissidents bank accounts and threatening citizens who express their freedom of speech oppss
time to try out a new wallet.
right on, right on, right on!
we need more companies to stand up for consumer rights
how do we know this is the legit response? it's some screenshot of a reply to a monique. don't get me wrong i want that this is real but there is no way to tell.
to my friends who still don’t believe btc but support the convoy
would have loved just a polite, gfys.
well shit, i just found a new wallet i might be interested in...begins some research.
like a wack from a set of nunchucks.
can we see the letter this is in response to?
while i’m glad btc working as intended, not too happy it’s working for the wrong reasons but is what it is
this deserves all of the upvotes. bad ass response
that’s rad! good for them
this is a nice response to the ignorance of the courts.
if they block exchanges, you simply become a small scale exchange yourself. you just need a good bit of money you’re willing to convert to bitcoin, all without even touching actual exchanges. only catch is that your wallet needs to already be in a cold storage and not in coinbase. however the crypto exchanges will have no clue to the resaso. your sending money to some random hardware wallet, so they don’t even have an idea of what your funding at first. someone wanted , and has . i offered the snapshot equivalent and they send me .
why do they collect email addresses?
now that is a good quality reply, it was pretty unexpected.
it's a software wallet with multisig enabled. why the hell do they need your email address?
what value does the canadian dollar currently possess?
this is why we need cash. if all you asserts can be seized and frozen at any time you are f’d
everybody is an asshole these days, and can’t wait to show the world.
they have accounts of some kind to access the service, do not they? isn't it as simple as locking those accounts?
ans so the great meme war begins. will the bitcoin meme win, or will the fiat meme manage to trick all of us to go back?
the canadian government is not too smart. the parliament passed a law to stop the polar bears from eating penguins. when informed that canada has no penguins, they patted each other on the back and said, see? it worked.
damn they just won my heart, now i am gonna use this wallet lol.
when the canadian dollar becomes worthless: cuz we all know how stable crypto is
my respect for nunchuck and crypto in general just went up. ☝☝☝☝
what is wrong with this canadian government, so pathetic.
i hope government will use their freaking brain cells now.
as someone who does not understand the implications of a decentralized currency, what is to stop a government agency from blocking a crypto coin from being used, or otherwise attacking a crypto network? for curiosity’s sake, can they actually do anything at all?
superior court of monique
now that is what we call a valid and smart reply to those people.
hate to burst anyone’s bubble but if things continue the direction they’re going crypto will cease to exist because there will probably be no power and the internet, as you know it, will get locked down pretty quickly. of course, if that scenario happens, fiat currencies will be worthless as well. that’s when the value pendulum swings towards food, water, weaponry and it all goes barter.
thank you, come again
i guess some institutions still didn’t figure out the power bitcoin holds on blockchain. 🤣🤣🤣
this is one of the things i think we can all agree on, progressive or conservative. the government has no business messing with our finances, especially when it is because they thisagree with our politics.
i am speechless!! love it thanks you kindly for the sharing this response!
this actually is not real but canada is doing this.
the osc fucked ontarians out of using binance too.
the last sentence is absolutely amazing
i am so proud of them omg :d !! screw you canadian governement
that's how you reply to a fucking stupid court, i am proud of them.
and i thought canada is a country where we can have crypto.
what's the option for those who want to actively trade? i have some money on the crypto.com exchange. i can send it to their defi wallet, but i'll have to pay the high network fees if i want to take it out for any reason...any optimal solution?
and go fuck yourselves
can someone help me with this thought process? i'm trying to put myself in canadian government's shoes and see how they are thinking and reaching out to various parties (exchanges, wallets, etc.) so i can better protect myself in the future. i see a few possibilities of how they are going about this: 1. they have the some of the "official" public addresses that the freedomconvoy was using to receive bitcoin. they can then navigate through the public blockchain data and see which public address the donations are coming from. from here i do not understand how they can identify which exchange or wallet is being used to then go and reach out to those exchanges or wallets for additional info. 2. they arrested some of the protestors and either found some data on them (or got confessions) connecting them to some addresses, exchanges or wallets. this could then explain them reaching out to specific wallets (why nunchuck for example?) any help thinking through this would be much appreciated since it can help all of us better protect ourselves going forward.
i'm sure they felt good writing that...also pretty sure there is zero upside to them being douches in the second part and will only increase scrutiny. why do they have customer email addresses at all?
they did great by those words, i would do the same man.
this is not good man, what the hell is this court doing?
ofcourse, i'm not surprised. let's see how do they ban private wallets.
i'm struggling to see how this is anything but a short lived victory. can someone help me understand? the truckers still cannot get away with conversion to useable currency. and money laundering is already illegal. as soon as this becomes fiat or touches 'the system', it will be frozen there and anyone who was helping them liquidate will be punished. banks are already required now to report any unusual transfers or withdrawals. very 1984, justin. i really want to see this succeed but in the real world, i'm not sure it does. and frankly, a letter like this just encourages government to look i to how they can reclaim their control all the more intently.
this is idiotic. if their counsel approved this letter, they should be fired. there is so much more downside to poking the bear than most people realize.
i mean, could not they theoretically blacklist the crypto in those wallets, like stolen nfts?
i do not give a shit about these truckers and their alleged grievances. let's move on.
lol how pathetic and i mean the nunchuck team
yea… this will end well for them
so it is unregulated and used for money laundering. sounds cool! why not just mandate something stopping that freedom. for real though. stop these asshats from getting paid to honk their horns and complain.
i think this was a stupid move, the community will gain nothing from instigating political power. watch and see, there will backlash.
is this fake? on what basis could the court freeze the assets of protestors?
canadian dollar is already worthless
well, this doesn’t sound good for canadians. but they still can be saved with crypto i mean there are stablecoins like tether so, they can protect their money
i can have you making -. it’s instant payout and the money goes straight to your wallet . it’s not an app . if you need extra funds for food 🥘 bills, special occasions 🎂🎁👔👗👠👖👕👟 ask for information. i’ll have you set up today making money everyday. after you do this you won’t need these tiny apps any more inbox me for information
most people who think they own bitcoin dont know how bitcoin works.
i mean, maybe they should, they got one of the earliest, best overall dump of data that paved how canada handled crypto regulation, which is some of the better regulation frameworks out there besides none at all. the dificulty crypto businesses have had in canada has been directly an issue with banking and not legal. anyway, you can watch aantonop talk to them for 2h:
yes i loved this response shows a couple of things. the government has literally no clue if they are sending this requests to a wallet provider they deserved this response. blind leading the blind. secondly they really can’t sanction crypto like they are passing off. it shows how misunderstood it is that they push these narratives and people accept them. they can stop custodial licensed exchanges that want to maintain their licenses from processing deposits from these people but that’s about it. this is the true p2p power of crypto if you custody it yourself is you will always maintain the freedom to transact. ironically here freedom to transact is our most important freedom because without it is really hard to exercise the freedom to assemble or other freedoms because you can’t afford to do anything. i think that’s why i have such an issue with with trudeau’s done is because the very first thing he did his remove their ability to transact this is against our charter of rights. at least without due process being followed if after that’s done it’s clear they are in breach then i can understand it. we live in a country with rules for a reason. what’s the fucking point if governments can break them on a whim? answer: none.
they are not even close to understanding it! the last statement about using crypto when the canadian dollar is useless makes me laugh though. this is a common crypto bro trope but if things are bad enough first world fiat currencies are worthless, there is not going to be stable enough power or internet to support crypto.
canada also doesn’t know how freedom works either
if they actually understood it , they wouldn't try to ban it.
breaking: when a nation loses control, they do not care how bitcoin works. they just want their control back. not on bitcoin's watch...
yeah, the government can just track the wallets back to people and keep a watchful eye on the flow of crypto instead. thanks bitcoin!
we'll see. i'm under the impression that creepto has much less censorship resistance than their proponents magically believe. in particular, many of the aspects that lead to such resistance critically depend on running your own node, and not just having the keys to sign your own transactions. bitcoin may be able to do it, but "crypto" not so much.
crypto do not make your healthcare free to the latest news.
i think this was a stupid move, the community will gain nothing from instigating political power. watch and see the backlash that follows.
indeed, i do not know what the future will bring forward but what is certain the leaders are that incompetent that they do not understand even the basics of bitcoin. in other words, we have already won. sure, the road will be jumpy, but once the fiat has lost its value the system that rules us will collapse, and all the enforcers will become unemployed. just stack sats and wait, enjoy the ride. the future is bright.
maybe ontario court needs to get hold of bitcoin ceo. if you want shit done…. gotta go up the food chain.
i just bought ledger after years of having crypto on exchange. kraken's ceo posts gave me anxiety. i feel good now :}
yeah, so far we only had to worry about exchanges running away, now the government has joined the party.
it's the perfect response. i cannot see any way to improve that beat down.
love to see it
maybe the *hacker known as 4chan* can help.
happy cakeday! may your crypto go to the moon
well that was a brilliant response and pretty damn good marketing. circulate that around for some new users of the wallet. btc to the moon!
if shit gets serious they could arrest the ceo of bitcoin...
and they will try to outlaw computer chips.
haaha, banned bitcoin from amazon that is sold for 1$.
yeah, this is bad for the country but there is some benifit for crypto awareness.
or it will be banned governments will just love the fact that foreigners can now finance insurrection with impunity and cannot be stopped not saying these protest are insurrection, i don’t know much about them, i live in serbia and don’t give a flying fuck about canadian politics, but this got me really worried.
i’m going to dl and try it out now! go nunchuck!
agreed, it is much better than coinbase superbowl commercial.
lol. i hate to tell you, millennials are the far more authoritatian generation who are pushing for government to get involved in everything and who vote for politicians like trudeau. politicians are always going to politic and follow the perverse incentives of their position and be more authoritarian than their non-politician peers...but the fact that so many boomer politicians are on board with authoritarian narratives has more to do with the fact that politics naturally skews to a gerontocracy and so most politicians are boomers.
how so? still can’t convert it to fiat. last time i checked under 1% of businesses accept crypto as payments, and p2p i don’t have a stat, but it’s properly unlikely you’d accept a payment as volatile when you’re already trading in physical value for money. edit: here’s some math for anyone curious. as of 2021, there are 661 businesses that accept crypto in canada. there are 1.23 million businesses in canada. feel free to double check my math but that’s .05% lol.
you would be surprised! i saw a guy at a party years ago openly bragging and showing his coinbase account to everyone with a bit more than a million inside...
so which is it? you're laughing at the guv because they cannot freeze funds because nobody keeps money on exchanges or other on, or you're laughing at people because they keep money on exchanges or other on? it sounds like you're confused about the realities associated with identifying donors, recipients, and the effects of becoming a target...
wondering why do they do this, they have the money to pay 100 guys like you to explain them how bitcoin works.
except they can there are multiple canadian licensed centralized exchanges listed so any funds on those are open to government freezing.
ah yes, the communist asset abusing the west's legal system to further their goals. what a surprise.
goverments want to regulate money above all else. you can bet they can crack down on bitcoin and any moment they want to. and it is going to happen, laws are slowly being made and step by step it is getting regulated. you can not fight for bitcoin either because you are obligated to pay tax. once bitcoin is a taxable currency, it will be tracable and all interest will be lost again.
multisig is the best, i use specter with 3 hardware wallets. i advise starting with a single hardware wallet. "trezor one" would be my suggestion to dip your toe in. "jade" from blockstream is also cheap and comes with multisig out of the box.
no it is not, they will arrest you for having cash even if you have proof.
there are several non-custodial wallets. i use eidoo for example - it also has access to its own dex on ehtereum. the important thing is to own your private keys (your seed phrase), not just a password to login in to a centralized entity... having your seed you basically have the access to the blockchain to say so, and you can import that wallet even into another one if anything happens… just start looking into non-custodial wallets.
looks like whoever wrote the injunction got it right: > custodians of any cryptocurrency wallets they are not custodial wallets so it does not apply. they probably just sent this out to dozens.
>so i wonder if those wallets were included in the 34 they claim to have frozen? there would be no way to know. which makes the op kinda weird imo... the "blocked" 34 addresses have nothing to do with wallets. they are just addresses. the keys could exist in any wallet software, or in multiple wallet software. financial service providers are not allowed to accept transactions from those addresses.
same way the feds in america have recovered millions from hackers who actually stole tens of millions. only the people not locked up control the narrative and what criminal would ever admit they actually took 5 times more than the feds "recovered"
see first of all, if they were right the people of canada are woke enough to support them without asking.
send me your keys before you die 😹
need a coffin? let me know where to send it.
i agree with the protestors but i appreciate your comment. if we give up on censorship resistant money when our political opponents have it then we would not have censorship resistant money when we need it.
what hate? you literally just said "i thisagree with what you say, but will defend your right to say it".
the cascade has already started to flow and more regulations are coming.
they’ll seek the usd first. it’ll be weird. hopefully it doesn’t happen.
true xd it is better to hate every human rather than a group.
absolutely. most nations are not criticizing canadastan. they are planning on implementing the same methods.
probably they are testing if the chinese tricks work in democratic country too.
hey man, the government does not represent the people. i'm canadian and i'm not a fan of what's happening.
truckers who park in the middle of a road. i'm sure they want to make a point but how is me getting to work 3 hours late or only getting home from work on friday at 9pm going to help anything? idk why they try to freeze their crypto, just jail the mfkers parking those trucks and give them an expensive fine.
the rest of us are all working like responsible adults. they’re tantrum is causing real problems over nothing. they need to get the chilthish asses in gear and get to work.
you admit you have no idea what's going on but fuck canada eh? give yer balls a tug ya fuckin hoser.
i just looked but the app has fewer than 100 downloads so it smells bad to me.
yea it comes across as chilthish. i wonder if they actually provided the court with that response. i’m sure their lawyers would advise against it.
yeah that last sentence perfectly encapsulates why a lot of people just laugh at crypto evangelists. that's a ridiculous sentiment and a hilariously condescending way to communicate it. the mainstream currency of any country going to zero is an extremely traumatic and destructive event. it's not something to root for, even if you are into crypto.
getting pointers from australia on how to be fascist. so glad we have the 1st and 2nd amendments in america. as chapelle said, we got the 2nd one in case the 1st do not work out.
does the word fascism just mean nothing to people like you at this point? can you define how this is "fascist"
all governments do it at times. look up civil asset forfeiture in the us it’s way worse then the targeted freezing happening to the organizers.
well…...it’s self custody so i’m unclear how you believe they can “comply” with orders that sound straight out of 1939 germany.
"canadian app store" is this where their canadough is stored?
it's right from nunchuk.io's twitter:
it’s literally from the companies twitter
> blm protestors blm good. burning houses good. block a road. bad. kill them.
what is the nunchuk platform?
you're thisgusting. people have the right to peaceful protests to stand up to governments. ...it is not like they are burning down cities for a year straight or anything.
authoritarianism detected. cypherpunks condemn you. you are selfish and a danger to democracy.
y’know, it is possible to hold two thoughts in one’s head at the same time. for example: i don’t agree with the truckers. in fact, i think they’re stupid and thisruptive. however, i also don’t like it when governments circumvent due process and rule of law by confiscating money in order to stop something they don’t like. in order for money to *work*, it has to also be useful for people i don’t like. it has to be fungible. if we have laws already, and ways to enforce them, then we should just do that. as soon as government can just shut off money switches like that, we’re getting into a really bad place. it’s a power that *will* be abused.
duplicate your single neuron please. that is why the world is going to shit.
> end your starting *you're *learn the difference [here]( *** ^(greetings, i am a language corrector bot. to make me ignore further mistakes from you in the future, reply `!optout` to this comment.)
indeed! makes no sense!
yeah the democrats are getting very efficient at it lol
sell all your bitcoin and keep all your savings in canadian dollars then.
cryptocurrency is peer to peer. they cannot stop any one transacting bitcoin to any address. at best they can try to blacklist wallet addresses and then force the exchanges to not deal with those addresses. but this does not do much (unless they are very large amounts) given how trivial it is to trade to a different coin or mix coins. they can ban the use of crypto for goods and services. which would certainly be a bummer and negatively impact the price but would not actually stop people transacting crypto if they wanted to.
it’s far simpler than that my friend. it’s simply a case of the government asking a company that literally has **no control** over their users funds to somehow asset that control. it’s just very silly and shows how out of touch they are. and i’m not even mentioning the obscene nature of a request like that. strangling funds from protestors? i’m not even sure that happened during the “flower power” protest against the war periods from the 60s onwards. the alarming erosion of rule of court law over this stuff is thisturbing.
the point is that exchanges cannot regulate addresses and software that they have no control over. it's also not laundering because donating to a peaceful protest does not break any written laws. and if you can want to 'launder' it that is far easier than you might think. the canadian government cannot regulate every exchange in the world. they certainly cannot regulate decentralized exchanges. and they also cannot stop you using bitcoin at your local grocery shop (if they accept it) or to buy gift cards etc. it's just not feasible.
bitcoin is fu money. if you do not get to say fu occasionally then what's the point?
if you allow the government to ban and shutdown your political opponents you better believe they will do it to you too. no matter how noble you think your cause is the government shouldnt have the power to freeze bank accounts and wallets of people who thisagree with them.
lol cryptosavants does not understand crypto.
let's play this through. the honking is annoying. if you do not stem the flow of money coming in this could go for a lot longer. so you support a ban on crypto, or at the very least you have to use registered wallets (this is not really possible but anyway). governments all around the world jump on board too. next year another black man gets murdered at the hands of a white racist cop. riots break out again. this time the government clamps down immediately and freezes all bank accounts and crypto wallets associated with a protest. people supporting a good cause now cannot feed their families so they keep silent. or putin decides to take ukraine and imposes a 90% tax for any ukrainian if they want to keep living in their home. if people protest they loose everything. or the us conservative government decides to end all workers unions. if you speak out against it your bank accounts are frozen and you cannot feed your family. so you keep quiet. but hey at least there is no more honking. either we are all allowed financial freedom or none of us are.
[here]( is a recent and great example of that.
yeah because most of them came after seeing huge returns of this market.
but but but, it’s in my coinbase account 😂
honestly, i've been in it for about a year, and only really understood different types of wallets (browser, hot, cold) and the different network features that make bitcoin unique. but just today, i really dug into what that mnemonic phrase is, and how it works. totally blew my mind.
most people who own altcoins think they own something valuable
was going to link this as well... seems they have not learned anything
they would not regulate it in any good way. it's useless to expect it from them.
i lived in a country where its fiat currency failed. no such things happened except some economical woes. power, food, water, transportation, hospitals, schools - all continued to work without interruption. two thirds of fiat currencies have failed in history. if the canadian fiat fails this is not the end of the world.
canada will be one of the first countries to default if a crisis hits. their finances are terrible. and i do not think there were any problems with power and internet when greece defaulted.
> they are not even close to understanding it! nor does it matter in this particular case where all the gov't wants is to pressure the occupation to end, not *actually* going after crypto assets which is a giant pain in the ass (when even possible). > this is a common crypto bro trope but if things are bad enough first world fiat currencies are worthless, there is not going to be stable enough power or internet to support crypto. 100%, but this is a bullish crypto sub, gotta get those upvotes!
> but if things are bad enough first world fiat currencies are worthless, ... so you think fiat currencies are too big to fail huh? the world will end if "things are so bad fiat fails"? things do not have to be bad to cause fiat to fail. rather the inverse, fiat is what's causing things to be bad. fiat has been failing for decades. when people finally move off fiat to bitcoin, that is when things will start improving.
i think that the author was not being literal but rather was poking fun at canada's authoritarianism and excessive money printing. maybe some form of crypto will take over fiat currencies in the next few centuries, but it likely would not be anything based on proof-of-work.
there's a major difference between the total collapse of all fiat currencies overnight and a steady transition towards sound money. bitcoin, and crypto in general, perform best through a steady transition. a steady transition is also a far more likely scenario than total overnight collapse.
i do not know, man. i foresee grass huts, solar panels, starlink thishes, and nodes running inside...
a transition to another currency doesnt mean that the government collapsed. economic shifts happened many times in history. governments just like to make sure that the way is paved well for them to adopt
>this is a common crypto bro trope but if things are bad enough first world fiat currencies are worthless, there is not going to be stable enough power or internet to support crypto. this is already in play and happening, the more downward spiral of fiat, the more companies will branch and accept payments by crypto. you're assuming that because fiat becomes worthless that companies would rather go close shop than accept a different form of a currency.
these truckers [are bringing the exact opposite of freedom to the residents of ottowa]( > mcgraw says it is been a day-to-day "constant level of intimidation and harassment" for residents in the area. > "my neighbours live on streets that are effective occupation."
go listen to train horns for three straight weeks and then your opinion might be different. stupid.
that's a laughable take
question: is that better or worse than being able to fuck thousands of people at once by simply sending one email?
how would they track my lightning bitcoin payments on the lightning network? 🤡 how would they know which bitcoin address is mine after my coins go through a coinjoin transaction? 🤠 how would they know which bitcoin addresses are mine if i anonymously buy my coins peer to peer? 😎
everything you wrote sounds like a foggy ramble of somebody who doesn’t seem to understand
you, too, should "look up how self custody and private keys work."
censorship resistant would be an accurate term. if one really knows what they are doing you could say almost censorship proof. however, scenarios like what is happening in canada will go a long ways toward privacy cryptos making the appropriate adjustments. the canadian event will be a good thing for crypto. it will show where it achieved it is goals and where it came up short and why.
sure, they can make the process of converting crypto to fiat more difficult but they cannot harm the blockchain itself.
[reads the dunning-kruger posts above] i do not think they realize that governments are still going easy on us. it'll be interesting all right!
what are you even talking about? this makes little sense and is barely coherent. look up non sequitur.
"not your kase, not yo coincidence." - boating accident eyewitness
i have a trezor device but in order to access my funds i need to use the trezor website. couldn't this website potentially block my account from being able to login effectively "freezing" my assets? or is there another way to pull the funds out? i guess they would only have to know what my username.
can someone explain to me, if they really wanted to seize your coins, cannot they trace the transaction from kraken to ledger? they'll have your ledger wallet address, when that address transfers to an exchange to cash out, cannot they take it then? thanks
the second issue unresolved is that if you roll your coins off the exchange they still track where you’re moving the coins. that withdrawal transaction can only be confirmed by the exchange. which they’ll gladly give up.
welp, that is one of the best “kindly f off” responses i’ve ever read, lol.
just my two satoshis, but i dont think they can arrest satoshi.
first they are going to raid the bitcoin hq
as long as they don’t ban dorito’s chips, i’m good. corny joke of the day right here.
usb sticks now banned
gold was also banned in the 70's in usa. it was illegal to own it. and now? look at the gold price. if this is what the government plans for bitcoin, bring it on. btc is way easier to store.
“governments will just love the fact that foreigners can now finance insurrection with impunity and cannot be stopped.” are you talking about the paper usd?
cocaine is illegal but it is very popular among the elites. the market for illegal drugs is more than .
right, people are thinking that this is good but actually the government will try to control this even more.
china (18.5% of the global population) banned it like 69 times and nothing changed.
“or it will be banned” it’s kind of a strange position to find yourself in when nations under direct attack like ukraine are legalising bitocin. yet free market (supposedly) snowflakes like canada would “ban” it. sounds like they may as well call themselves china light. for those who don’t want the full authoritarian experience. but just enough to know it’s fucked. canada light. it’s fascism without the camps. yay….
> governments will just love the fact that foreigners can now finance insurrection with impunity and cannot be stopped this is really what's at stake here, i'm glad you mentioned it. every single gov't on the planet is at risk of the same thing, and there is no "clean" solution to it.
right. fuckin free advertising for nunchuck in the best possible way.
as a millennial i have to agree. a lot of my friends my age are liberal leaning. funny that they’re also the ones who won’t touch bitcoin
the people who screamed slurs and insults at a black 6 year old girl for going to a white school are the people making our laws today.
sorry meant being put to the test.
makes sense what you're saying. if one's considering accepting it business wise as to be used for paying suppliers and loans and or for cash flow (on demand financial responsibilities), would be a bit uncertain in the short term, unless, i guess, you still accept in parallel payments for goods and services in fiat. in the long run, if a business does not have to respond to those demands i can see it becoming very fruitful like investment firms. but i meant "being put to the test". excuse my english.
hope it does stand up to the test though.
this is fair especially if he is a trader you dont wanna extract your crypto at the end of the day just to transfer it all back.
i’m also not confused. not your keys. not your coin.
that and when legislators thiscover that there are other systems that they *cannot* block, they are bound to at least try and enact controls. they may or may not be effective but i'd expect more restrictions in the space and that is never good.
i agree. they can track bitcoin. but there has to be a process. bitcoin is not anonymous. exchanges all around the world require kyc. once bitcoin enters an exchange, the wallets there after are "marked" giving authorities a better understanding who might own these "wallets". even after the birth of newly created bitcoin, meta-data can link to an ip-address associated with the mining account used during the mining process. (this is harder to obtain, but possible). for proof of my statement i've linked a source that shows how the government tracks wallets.[ 1:20-cv-00606 document 1 filed 03 real power of bitcoin is established after a currency for a country is useless.my personal view. i feel bitcoin is an average price indicator for all countries... so when a countries currency becomes worthless, bitcoin is still recognized as value, due to other countries currency systems are still intact... there again you cannot eat bitcoin, nor is it water, so it is only a substitute for a better life style... edited: you can conceal your identity while using bitcoin. but their is a process, and if you miss a step you will have to start over, also exposing yourself.
govern me harder daddy
it’s not about vaxxing anymore. it’s about standing up against the leaders of the world, who are attempting, and succeeding, to become dictators. have you stopped to consider why no one is condemning trudeau? they all want to do the same thing! your stance on the jab shouldn’t matter. it’s irrelevant at this point. what matters is not letting tyranny take over.
i do not care about antivaxx or not. i care about freedom. the fact that you cannot see that one day you might be the one the feds come after is just obtuse thinking.
cope. you keep bending over and taking those pokes, daddy government knows what’s best for you. good boy, does as he’s told.
the canadian trucking alliance estimates that 85% to 90% of the 120,000 canadian truckers who work cross-border routes are vaccinated. being concerned about human rights , bodily autonomy, and regulatory over reach does not mean they are also anti-vax. many of them are vaccinated.
just stop. 1.5 million people died from tuberculosis in 2019. why do not you ever hear about that? you're being used, my man
the real irony is that as he posts this governments around the world are relaxing or just flat out ending restrictions. mask mandates around the world are being ended. travel restrictions lifted. bill gates admitting it is over. cdc telling cruise ships it is safe to resume normal operations. john's hopkins publishing data showing lockdowns did nothing. yet here you are like a pigeon playing chess, strutting around shitting on the board thinking he is the grandmaster.
i love this comment... true freedom
but they think ontario hydro will be functioning just fine? paying its tens of thousands of employees with bitcoin?
with more and more thisruptive technology emerging it will be hard to control the country.
so do something about it
when people are told they cannot do their jobs unless they get a medical experiment with a high chance of permanent injury, what is the appropriate reaction?
you conveniently ignore why the truckers did that. remember that when you've been enslaved.
i do not see how supporting due process of law is anything but rational in a free society
and yet you replied with **nothing** to show me otherwise except to stand there like a pompous cunt. you added nothing except to signpost yourself as a self flagellating dumb cunt. either add the thiscussion and explain “how” i am what you say or fuck right off.
your sanctimoniousness is expected and thisappointing.
ummmm. you're gonna get in trouble!
your comment is why a lot of people just laugh at crypto lukewarms. that's a ridiculous sentiment and a hilariously condescending way to think about fellow people that try to make fun of tyranny.
it's only australia now, soon they will use the chinese and north korean rules.
i have a friend in australia and he really hates life now
is freezing bank accounts of peaceful protestors more fascist or less fascist than doing nothing?
anything anti-crypto is fascist obviously. duh.
canada gov is revealing to be a shitload of idiots. twats.
don't do him like that, he is from the us. he probably does not know how to spell ottawa
in some jurisdictions (probably australia) they could be ordered to build in a backdoor that would send the key to authorities when entered without being allowed to thisclose that to users. do you trust the developers? can you audit the code? can you be sure that the compiled binary is actually compiled from the published source?
this is where you download terrance and phillip freemium games.
not like these things have never happened in the past: "last week, it was reported that a bible app and quran app had been removed from apple’s app store in china following pressure from the chinese government." canada is not china but what happens when the eu decides to follow swift? "today’s agreement is an important step towards closing the gaps in our financial systems that are malevolently used by criminals to launder unlawful gains or finance terrorist activities. crypto-assets are more and more at risk of being exploited for money laundering and criminal purposes, and i’m glad the council could make swift progress on this urgent proposal. (...) the aim of the proposal is to introduce an obligation for crypto-asset service providers to collect and make accessible full information about the sender and beneficiary of the transfers of virtual or crypto assets they operate. this is what payment service providers currently do for wire transfers. the purpose is to ensure traceability of crypto-asset transfers, so as to be able to better identify possible suspicious transactions and if necessary blocking them. the modifications introduced by the council in its position streamline and clarify the commission’s proposal, in particular by introducing requirements for crypto-asset transfers between crypto-asset service providers and un-hosted wallets. it also requires that the full set of originator information travel with the crypto-asset transfer, regardless of the transaction amount. given the urgent need to ensure traceability of crypto-asset transfers, the council in its position aims to synchronise the application of the proposal on transfer of funds and the market in crypto-assets regulation (mica)." all i'm saying is, this fight is far from over and it is not going to be won by sassy replies and funny memes when your adversary has both legislative and executive powers.
the level in which they are brainwashed by the media is alarming. they cannot be helped.
it’s a very risky investment all the same. you could be a millionaire today and lose your entire fortune next year. i don’t know why people get so bent over a simple truth.
i get that part... but still. how can the truckers actually use the funds? who has custody seems secondary at best if it cannot be used practically, no?
they do not need to. all they need to do is monitor for large transfers and withdrawals that out the cash, in a useable form, in the hands of the intended recipients. this system stops a freeze, but if you cannot use the funds then how does it really help? by money laundering, i mean the idea of sending crypto elsewhere for conversion to fiat to then send back. the bottle neck is the truckers, they need to use the money. that's where this unravels and people will get caught.
total assets in btc and crypto in general are now substantial and a significant investment for many people. the path to success involves not only actual responsibility, but also the appearance of responsibility. governments can legislate whatever they want including prohibiting the entire asset class. it behooves all players in the space, especially commercial entities to put on their big boy pants. if nunchuk had simply removed the final paragraph, they would have said the same thing but not made enemies in the process.
> your political opponents so you admit it was a soft coup? or an attempted one.
except governments already have the authority over the financial system and the history of unregulated systems has proven that to be a poor way of running it. also way to trivialize what was happening, it was not just honking and being obstructive - it was throwing rocks at ambulances, interfering with hospitals, forcing a homeless shelter to feed the convoy rather than the homeless and shutting down the borders, which cost real truckers money. businesses and related entities are subject to regulation, even if they do not believe themselves to be.
i think the question is is this letter fake, what with the from me to monique part at the top.
link to twitter then pls?
lol all he did was create a new wallet...
this is a bad example bro lol
only the end for maple syrup, but then again we could buy it with btc.
this is absolutely true. the common thing to happen around the world is for fiat currency to crash to 0 value. in south america for example, the only currency still "alive" after 50 years is the paraguayan guarani. all others have failed gone to zero, and re created. in brazil, the cruzeiro went to reals, i. argentina the par to par peso to dollars went to zero and created a new peso argentino.
was that countries currency one of the top 10 foreign currency reserves in the world? because the canadian dollar is right now and would affect most of central and south america, the french, and not to mention the united states with how much they trade with canada.
these things are not going to happen in a vacuum and if any top 8 economies fiat currency failed it would drag the others down with it. countries switch smaller economies can get away with it because they are not as impactful on the world economy scales.
canada's finances cannot be any worse than the us or china's. the us has trillions in the federal deficit. china hides all its debt in it is cities and provincial governments with at least a similar amount of money owed (though likely more, the books are well done in these places).
not what i said. i am just saying if a top economy country's fiat fails its going to drag others down with it and then we will have much bigger problems to deal with.
perhaps they shouldn’t have voted for the butt plug for prime minister
do you think they’re doing that for fun? stupid.
he does not understand anything, this are just nocoiners. ignore them.
shitcoiners (with very few exceptions) do not want you to run your own node. maybe you should question yourself why. sure, in the *best case scenario*, when you can already trust someone, you do not need a node. but think about it, if you are already trusting a third party you probably do not need to keep the keys, and traditional authorization control gives similar security for much higher convenience. once a trusted party can decide what are your coins, having the ability of authorizing spendings with your own digital signature is not sufficient to resist censorship. in particular, i find it not very useful to still talk about "self custody" in cases where one cannot have control over the validity rules.
these people think that everything in crypto is controlled by the private exchanges.
i'm afraid it looks like a *non sequitur* only under the usual propaganda from people selling you their "blonkchain technology" as a black-box immutability device. to me it is clear that once your chain has an official "hardfork coordinator" the thing cannot be any meaningfully called immutable or censorship resistant.
kase is german for cheese.
> i have a trezor device but in order to access my funds i need to use the trezor website. that certainly not true. all that is required is an internet connection to send funds.
yes, that’s why you shouldn’t buy using an exchange
so, how can you make it untraceable?
yasssss!! an eloquent f off indeed. lol i love it.
of course they can, craig wright said he was satoshi is not
me too pardner, me too.
i do not think it was in the 1970s. that's when nixon took the us off of the gold standard - the us dollar was no longer backed by gold heels by the us government. the [gold reserve act]( was an executive order instituted in 1934 by fdr.
temporarily not convertible to fiat. maybe they will lift that ban soon. 40 years later.
i can’t finance extremists in western countries with paper usd. i can, however, do that in 30 seconds using bitcoin. right fucking now. from serbia. and they can’t stop me. also, i’m not here to argue against bitcoin, i’m a bitcoin maximalist and a believer. all my net worth except some real estate is in bitcoin. i’m just worried about this development is all
do not give them ideas...
looking at the iq of us citizens, i'm sure they banned it already.
oh but it did. hashrate in china dropped to zero. there are no mining operations running in china. mining ban was extremely successful
they have been exposed and the "democratic country" image they formed has been proven wrong
really? pretty sure the millennial generation is the driving cultural and economic power driving crypto adoption
as another millennial i have to thisagree. nearly all my friends my age are left-leaning but my best friend has swung hard libertarian - full prepper et all. many of my left leaning friends are into crypto. you may have seen a thread posted here recently that something like 80% of millennials with a net worth of a million or higher hold crypto and many of those say half or more is stored as crypto. meanwhile my prepper friend would not touch it. why not? he was initially very interested. but his concerns are with the ability to track every financial transaction in a public ledger. "but there are too many accounts!" you say? computers are not far from being able to build some pretty savvy databases and tracking all your purchases. i know it is fashionable to hate on trudeau and the canadian gov for their actions right now - but putin's the one opening the door to bitcoin, while jinping moves china towards a centralized cryptocurrency. bark all you want at the canadians, you're talking about a country who's "apparently so fascist" that they let jordan peterson become a bestselling author and household name simply by stoking fears that they are not letting him... become a bestselling author and household name. the protests in ottawa were permitted for 3 weeks. name me 1 city in any other country that would allow a physical caravan of immoveable blockades to thisrupt the busiest intersections, forcing businesses to close and costing the city millions in lost revenue? millennials are not the authoritarians. the so-called "freedom protestors" (mostly gen x) who showed up with a manifesto demanding an overhaul in the democratically elected cabinet swing far closer to that description. but it is cute thought.
i think it has the potential to withstand it, and then grow to where it can’t be messed with again. but right now we shall see how it pans out.
yeah the biggest single factor is adoption. that really is all that matters. coming from the tech industry, one of the most important metrics is active users for any platform, because that is the best indicator of how a product is doing. and the same goes for the concept of crypto. once adoption picks up, then it could very well take over current fiat because it will be the new norm. it just boils down to how long it can survive before crossing that threshold.
i dont think you understand what dictator means.
yeah i'm ready to take vaccines if they are apporved by my husband who is a doctor himself. i personally know people who work in this field and i trust them.
sheep can’t see the bigger picture, they just parrot what the corporate media tells them to.
right from the canadian case file... court file no. cv-22-00088514-00cp ontario superior court of justice listing 6 different cryptos, and roughly 123 different bitcoin addresses.
please show some legitimate sources for this high chance of permanent injury claim, i haven’t heard of that before
there's a low-to-none chance of serious issues. so that is a lie.
wait did you have this opinion when blm was blocking roads? there was a reason they did that. if not it is pretty fucking comical that it is now cool as long as you believe in the cause? how convenient.
yeah, guy. "a lot of people just laugh at crypto lukewarms." yup. that's definitely a thing. i totally believe you.
many more people laugh at crypto diehards. trust me. it’s hard to even have a conversation with people about it because they have preconceived notions and want nothing to do with it.
i still wouldn't consider that fascist, it is authoritarian but not necessarily fascist. fascism requires ultranationalist dictatorship, and i know people love calling trudeau a dictator but that is a silly notion when you compare it to historically fascist states
the codebase is 100% open source.
> be ordered to build in a backdoor lol... you know that would mean insta loss of funds by black hat hackers ??? please think again.
they would not be allowed in the citadel.
thar i don’t really have an answer for you as i’m not very deep into the issue. i’m sure there would be ways. just not straightforward ways.
i do not think you quite understand how this works. in 2seconds a trucker can generate a unique bitcoin address that has zero connection to his identity. in 10min i can send him . are they going to create a wallet blacklist and enforce it on every exchange in the world? the canadian government does not know the truckers wallet out of the billions of active anonymous wallets. and if they did magically find out, what stops the trucker moving his bitcoin to a new wallet address. and then to another one. are they going to maintain an instantly updating blacklist and enforce it outside of their jurisdiction? if that is not enough for you. there are decentralized exchanges that let me trade my bitcoin with a privacy coin without ever touching an exchange owned by a person or company. it's just software running one thousands of computers around the world. it cant be shut down. then you just buy some gift cards with your anonymous bitcoin or privacy coin. or find someone willing to accept bitcoin for food, or whatever it is you want.
but we want to make enemies. bitcoin is not smooth jazz. bitcoin is punk rock. remember our end goal is to make all governments and central banks obsolete.
i'm not from canada so i'm not going to talk on behalf of canadians. the truckers 'demands' [letter]( specifically say they are not trying to overthrow a duly elected pm. they just want covid mandates removed so they can go about their jobs and feed their families. from an outsiders perspective i would say that has been one of the most peaceful protests of its size i have ever seen. very canadian. these people have a right to protest just as much as blm or any other group. the way trudeau has handled this was extremely poor. it seems obvious this is a power trip for him. he could not back down after calling the truckers fringe minority and now his ego means he is unwilling to talk to the protestors and make them feel heard. his only option was to call on an extreme emergencies act intended for war.
also why is calling them political opponents mean that i'm admitting it is a coup? i see no connection there. every political view has an opponent.
there are always idiots in any large crowd. but as a whole these protests have been very peaceful and non violent, at least based on [these standards]( regardless of this, it is unprecedented for a democratic government to freeze bank accounts simply to silence thissent. in my opinion this crosses a line at a very high cost to democracy.
or was the wallet already there...? ^(all wallets already exist)
the correct information has been upvoted and the dumb posts have been downvoted. sort by old and you can see hundreds of posts praising them.
start denominating maple syrup in btc!!!
a default of world reserve currencies would wipe out most foreign debt as well. south america and third world would even profit. many countries have debt in such currency. argentina per example has debt in usd.
will be there economic turbulences? yes. will it be the end of the world? no. just a lot of people will lose their savings, but also all debt is cancelled. it takes a lot of drag from the economy and gives is a fresh start. there are more positives than negatives about this.
turkey is in the middle of an economic crisis, the 11th largest gdp by ppp and it is not draggin any other countries down with it. canada is the 15th largest gdp by ppp and will also not impact other countries much if their fiat would fail. honestly it has to be either the yuan, usd or eur that has to fail to really have an impact on the whole world.
the difference is the u.s. issues the world's reserve currency (for now), so the u.s. and canada are not comparable in that regard. the bank of canada cannot print it is way out of debt as easily without risking inflation.
it's really clear that we are not going to have a civil thiscussion here, so unless you're planning to camp on my lawn to force your idea of freedom down my throat by harassing my family with noise, threats, and attempts to start fires and lock folks in the building, i think we're done here. but truly, if you support them and think they are approaching this the right way for a good cause, i hope you find something terribly uncomfortable to fuck yourself with ❤️
you should really "look up how self custody and private keys work." specifically you need to understand how and why paper keys work, and why it is possible to generate a key pair by hand with no computer or internet access involved.
so your argument is that the presence of a hard fork coordinator is evidence of a lack of complete decentralization? that is a weak argument.
nacho cheese, nacho coins
yip, germans please read it as käse
got it, i appreciate the clarification. i'm not a total newb and started stacking almost a decade ago and first set up the trezor about 5 years ago. i knew some of what you said about how the seed phrase works, i've already used it to restore my wallet after losing my first trezor in a move a while back. i had the phrase stored on one of those metal plate deals locked in a safe, i just was not crystal clear that the wallet could be restored to any other device. honestly i think you filled in whatever gaps i still had in my understanding of the concept, and i appreciate the comment.
you have spoken the truth. and i might just smoke to that and acquire some bitcoin. because i’m legit fed up of a corrupt government who can shut down the pipeline valve to innocent people. marijuana isn’t legal at the national level. federal police can lock you up. that’s concerning. but they spend zero on healthcare (pain management) maximum for war, and very little for people. and they lie on the daily. i’ve worked and witnessed it. and they still execute whistleblowers if they can get you before you can say something. yeah, bitcoin is a bit more freedom than their “freedom” box. watched veteran get his whole life savings seized by authorities because he pulled everything out in cash and they found his cash.
the air i'm breathing was illegal
so that did not make it illegal to hold gold, it was just that you could not purchase gold with the dollar.
yes, but the possessupn and trading of gold in usa was allowed from 1975
you can, if you are on the "correct" side of the political spectrum. philanthropist donate millions to radical organizations in the us.
mining centers are easy to target.
my comment was a little ambiguous, i was referring to the price action of btc
agreed. it's just that crypto adoption does not correlate strongly with a libertarian ethic anymore.
lots of political dogma... you must think you are so smart, triple vaxxed, triple masked and coomplying with whatever clown rules come out
> 80% of milmennials with a net worth of a million or higher hold crypto no shit. how many ways are there for a millennial to have a seven-figure net worth? this midwit comment is up there with “suicide is the third-leading cause of death for teenagers”.
i do not think you've read a history book.
the probabilities for complications are different for each person’s bio chemistry and can’t really be calculated. therefore, it seems reasonable for each person to decide what they want to do.
my client died 2 days after he was jabbed... i call that a serious issue.
i actually changed my stance on it because of the truckers. before, i didn’t support blocking the roads during protests, but now i’ve realized that i’m ok with any protest as long as it’s nonviolent. nonviolent is nonviolent, and just because something is illegal doesn’t make it wrong.
i have never ignored the cause of the riots. i have never pretended that those people, blm or not, who chose to protest did it without having a good reason, that is, without some prior event which rightly provokes anger. yet, this is what chrimsonchin988 has done.
yes, i understand that in a free society you're allowed to keep your property (money) unless it is been taken by due process in a court of law. them freezing assets without anyone having been convicted of anything is the opposite of free. i think you need to brush up on your civics and history if you think what the canadian government is doing is representative of a free society because you are truly clueless.
so again no actual reply. cool 👍👍
then fuck off, pompous cunt
you experience it every day you open your mouth?
i feel sorry for the environment you live in. over here no-one has any bad things to say about crypto.
the problem with comparing every action to “historically fascist states”, is that the progression towards fascism is just that, a *progression*. you can’t compare 1933 germany to 1942 germany.
yeah, but do you know if the code that is uploaded to the app store is the same as what they publish on github? my point is, they can be compelled to include a backdoor in some jurisdictions.
the law does not care about that. the backdoor would simply also be open source, or in some closed source part instead. otherwise they will take it down.
a backdoor could be something like making an api call to a government server with your private key when you enter it. i'm not saying it is a good idea, just something governments *could* do.
well, that last part is the core of my point. the rest of what you said is rendered near worthless by the reality of that final paragraph.
and when bitcoin is made illegal and possession or thistribution thereof a felony, what will your win look like? you sound like a child, not an investor.
peaceful apart from the honking horns? and in general the whole thing is thisruptive. that's not "peaceful".
aw, you downvote for my asking the most obvious and logical question? i’m sorry you were hurt by this.
and they cannot print maple syrup.
you literally called me stupid lmao, you’re the one that’s telling me to fuck myself. you made it obvious that you don’t want to have a “civil conversation”, go lick your rulers boots some more lmao
no! that is not my point, that was just an example my point is that we're talking about resisting censorship against the state for real here, so i find it inappropriate to recommend for this a chain that has already in the past confiscated addresses on anti-social grounds, or where amazon runs all the relevant nodes. there are times for larping about "decentralization", but this is not one.
>yeah, bitcoin is a bit more freedom than their “freedom” box. watched veteran get his whole life savings seized by authorities because he pulled everything out in cash and they found his cash. i saw this as well. he was able to justify every cent with official paperwork. still, they stole him.
cannabis and bitcoin represent freedom! cannabis can be used to make everything; food, oils, clothing, medicine, housing, composits, 3d printing materials, fuel and much much more. anyone with a plot of land can grow it, without the need for pesticides or patented seeds. as a small community, one can be abundantly self sustained, and sell. this is why cannabis is illigal, its a direct treat to big pharma, big oil, big cotton and many other corrupting anti human industries! bitcoin is a direct treat to the system that keeps these corrupt industries in power; the fiat system. this is how they control all the laws to their advantage. "as long as i control the money supply, i do not care who makes the laws". bitcoin and cannabis for freedom!!
well said. go buy bitcoin and self custody it now. join the movement.
they realised how stupid decision they made, same thing will happen with bitcoin.
which is good. libertarians are idiots.
do you think a democratically elected leader of a free democratic country is a dictator?
uh huh got proof? no? also client? of what service may i ask
nonviolent? or do you mean done by people lacking colour?...
>it is pretty fucking comical that it is now cool as long as you believe in the cause u, i generally do not give a shit about your cause when the party demonstrating affects me or other large groups negatively. 'o, i do not agree with xyz rule and i think it affects me negatively, well now let me fuck the other 99% of the population unaffected by this rule'. yeah that will get you a lot of sympathy. sometimes i like to think most people's emotional and intellectual development stops at age 16.
well i kind of agree but also i think the main thing that ties all fascist states is ultranationalism and an obsession with the glory of the nation state which i do not think really applies to trudeau's leadership
that's not how open source works.
> i'm not saying it is a good idea, just something governments could do. its impossible to do that in open source software... impossible. if you try, your backdoor will be forked out in 1 day and you will lose all the trust you had as a dev with commit rights. remember the moron dev who coded the failed bitcoin 2mb fork ? he lost all his reputation forever.
they rest of it is to make the point that they do not know who is the protestors and who is not. which means the protestors can use bitcoin at the same places as anyone else. there is a growing list of places that will accept bitcoin. but the simplest is just to buy a gift card with it. like from here or you can use decentralized software like bisq to trade your bitcoin anonymously and receive real dollars in your bank account. you can can meet up with local bitcoiners and trade your bitcoin for cash. sure it is not as convenient as using a visa card. but when your government shuts down your bank account it does not leave you with many options. thank goodness bitcoin exists as an option.
well they were getting silenced and censored on social media. and they are not going to get anyone's attention by just standing around in the cold. by [these standards]( yes i would say this was a very peaceful protest.
i did not downvote you. skepticism is good. just giving you the source of the post
ahhhhhhhhhh. okay i can agree with you on that then. i just suppose i’m a bit more optimistic about the direction of bitcoin but i can respect where you’re coming from.
same with julian assange
everyone is an idiot
what’s democratic about only 1?
unless you are a clone there’s a good chance your bio chemistry is different from others.
everyone. but thank you for being racist here.
it's only impossible if you compile it yourself (and you trust the compiler). if you get something from the app store you have no guarantees like that.
exactly. there is two sides to every story but after hearing stories from people i know in both political spectrums other than them being a nuisance, had trudeau dialogued or acknowledged their concern perhaps it wouldn't have gotten to this point. they also blockaded because they were not heard not even once. there was not even court injunctions or orders to remove them (police lot not doing their job at the beginning did not help that is for sure) it just escalated to where things are now. even my credit union called me about why and where i put my funds into crypto. prior to all of this they had never reached out or suspended transactions, not even once. what time to be canadian😞
yes. poor guy seems that people forgot the good he did for the world...
do you really not understand how free democratic elections work? for your sake i hope you're ust pretending to be ignorant.
lol bro…. any double blind clinical trial results confirming your specific assertion related to vaccines?
> if you get something from the app store you have no guarantees like that. you have a point... that is why i thisable auto updates...attack surface is too big.
can't tax if i hodl.
if you have realized losses you can indeed deduct them. keep track of that shit.
well they tax every profit, not just from crypto. so its normal.
yeah, i mean i am almost borderline libertarian, but if you lose money it is tax deductible no?
anyone know the name of the painting?
wait. you guys are making profit in crypto?
i’m by no means anti-government or anti tax. but there’s a bit of me that thinks if bitcoin is _that_ widely derided by a country’s government and leadership then they cannot expect to tax it. if you say something is worthless then by definition there is nothing to tax.
fuck governments. down with politicians
state and federal. go america!
what bothers me the most is the money i invest in crypto has already been taxed as income tax!! it’s a double tax
we all know you pay taxes on your crypto in the majority parts of the world... everything is taxed so i'm not sure why we think or thought that this would be excluded 🤷‍♂️
how is this different from any other investment? this is not unique to crypto. i do not even get what this meme is supposed to be.
if you think back to the founders who had a rebellion over a few percent increase in the tea tax. americans should be ashamed of what we allow the gov to do right now.
i do not have an issue being taxed on money i make, but they really need to stop treating crypto as an asset. they're really overcomplicated it by having taxable events for every trade. it should just be: \- i invest money in crypto \- i make a profit: i pay taxes \- i lose money: i report a loss the end.
only way to pay no tax is never go back to the dollar
those who play games should expect to play by the rules.
bitcoin is not crypto!
man thanks for the award and upvotes 🥹
indian govt is leading the way :)
i just sent my tax guy a bugs bunny "nooooooo" meme
dude, that goes for any capital gaining venture.
bullies in sheep clothing
for some reason, i break even every year. nothing to report...
you literally just described all investments. welcome to the finance world, you aren’t outsiders anymore
dont worry i claim it on 1099
i keep losing the fungible digital money on a boating accident. whose name must not be spoken.
i can’t stand the guy in the first picture
those are not mutually exclusive things… they can say “yeah this is risky but if you make a fuck ton you gotta give us a cut”
ah, the duality of the tax-hungry state…
if you buy something with btc, how is that taxed? is it a normal sales tax?
cool, looks like i'll be making a lot of purchases from el salvador
[and the slaves do it to themselves... ](
my bitcoin profits are the same as my relationship status ... entirely theoretical.
turns out that’s how speculative gambling works
no tax on crypto in my country yet, thank god
taxation is theft capital gains tax is a tax on top of tax on top of tax
like with any other commodity, we pay taxes. i don’t see why this always comes as a surprise to people.
this is uninformed. you can pass forward your losses if you do it right, and all gains are taxed not just crypto.
this is the truth
wait, so they charge you capital gains tax like it is a stock, but when you reinvest the profits back into bitcoin they do not postpone that tax like they do with stock? how does that make sense?
but a business can write off infinite losses 🤦‍♂️
there is ways to get around the “tax” issue.
don’t tell them.* _*this is not financial advice_
the worst part is actually trying to get the right cost basis for these thieving pricks. transferring between exchanges and wallets virtually makes it impossible. let's make the government go away now!
these pictures also reflect your friends, spouses. family and strangers
no lie i made
bitcoin is property you only pay capital gains tax when you sell
do the bottlecaps one
you cant tax if i still hodl my precious coins
losses that have been realized can be deducted. keep an eye on that nonsense.
“90% of stock traders can’t beat the market” “the ones who do have to pay more tax than cap gains” if the government wanted to grab money they can just increase long term capital gains, but that wouldn’t be popular…
no lies told here
the bizarre part of tax are the calculations. gov. we would not know how much you'll need to pay in taxes until we give you some of it back... one of the more important economic signals that market messages transmit would not be delivered. as a result, the participants and actors will have a biased answer for the "is there value here?" assessment of a good service or asset. is it under priced or over priced relative to what's received in exchange. abstract monetary units help facilitate the exchange (measurement of value?) but without a well greased (positive liquidity flow) economy, zero good or service will be put into motion or production. we are currently thiscovering the aroma and value of monetary fumes from the empty drums of confidence inside an old debt based fiat monetary system. grab your helmets and harnesses as this is also happening during the age of asset possession and ownership via. bearable digital assets like btc and aapl.
i mean…that’s everything though. all investments.
so true lol. good for me that i hodl on finex for now.
here in latin america things are unknown, governments do not announce new laws in favor of crypto currencies and it is more difficult to enter the market.
filing a tax return is 100% voluntary. this is a provable fact, and don’t let anyone tell you different. the 4th amendment protects from having to divulge anything about yourself, unless you have committed a crime where there is an injured party. it’s none of their damn business. the whole reason we need a decentralized cryptocurrency is because the entire system is corrupt, and rotten to its core. it is our tax dollars that is building it.
the government cannot just make up rules that we the people did not vote on. they cannot tax cryptos no matter how hard they try. however, as soon as people cave in and comply to their tyrannical demands and answer their questions on tax returns, then we will get roped into it being something we can get thrown in jail for, by order followers with guns and low iqs, if we do not comply. don't comply! are you tired of paying for the lifestyles of the rich and unknown? khazarian mafia??? this is who putin is fighting. he means no harm. what is the greater evil? what putin is doing now or what the kmjs will do if he does not finish them off?
why does my karma never move from 181? is that reddit is chinese method of shadow-banning people for speaking the truth?
if you need the government's advice on "investing" in something used mostly for illicit activities, you might try looking inside your own head first. nobody is giving away free money, except the people who cannot afford to. the people putting it in their pockets already have plenty and are just playing them for fools.
my new favorite meme 🤣
where's the upvote button
it could be both tax like india
germany incentives hodling: completely tax free after one year of hodling.
the idiot left thisagrees. wealth tax is a thing in some countires.
i'm hodling until it is cgt free. then maybe some more!
so long as you hodl on your own machine. pretty much all the reputable exchanges will ~~snitch~~ report on your earnings.
but you'll also be making the least in terms of profit potential and other roi's.
not permitted in the indian tax regime. no ability to set off any losses. heck if you mine, the mining equipment is also not a justifiable business expense but the mining rewards are taxed. a nice 30 percent tax all around. per instance
one fraud counteracts another.
but what if my profits are placed back into the bitcoin? can i postpone the tax like i can with any other stock? if not, what right do they have to charge capital gains? do i not have the same rights to reinvest my funds?
oh i've realized it. i've realized it...
you can deduct . that number has not changed with inflation. many people who trade during a bull run may accumulate say . they continue to trade in the next year and the market crashes and they lose back . seems fair.
plus you can deduct the losses up to a limit and roll over anything over that
germany goes further: when you have shares you pay 26% in taxes, for crypto your personal tax amount - for me f.e., it‘s 45%
in my country crypto profits are taxed at 50%…
they do not try to block fiat exchanges or suppress.
for the us: yes, and there are specific rules about how much you can deduct in a year and additional carryover rules. you can also loss harvest because there is no wash rules (sell at a lose and immediately buy the same amount back).
el risitas - spanish laughing guy.
yeah, it is easy. just buy bitcoin and not crypto.
i mean you are kinda mixing two different meanings of worthless here. one is that it is pointless (what the government generally think) and worthless as nobody think this have a monetary value (they do not think this in regards to tax). similar to if you inherited a -pop you probably consider it kinda pointless and worthless in the sense that you dont want it. yet you still probably wouldn’t give it way to someone that asked ( as you know you could sell it for )
governments do not like you
i'm both of those things.
if i earn money selling useless shit (say, a watering can without any holes) i still have to pay taxes on it. taxes do not tax worthiness. they tax income, property, etc.
you should be anti government.
you are assuming that the vast majority of people will self-custody. in practice, this may not be the case. while some platforms of today have trouble with very simple concepts like "multi-sig" and "offline storage", they are very quickly learning, and even in cases where funds were lost, have generally fully covered losses of users. hackers appear to have switched to focus on taking self-custodied funds and breaching decentralized finance smart contracts as easier targets. platforms also have a huge advantage in that they can employ fraud prevention techniques to protect users and also unlock a lost account with sufficient identity proof, and many of them offer a myriad of ways to easily automate most investment functions and save on transaction fees. some platforms today do not even offer withdrawals. going against this is the regulatory burden imposed to add costs to platforms, privacy and, and access to new global innovation which is not immediately available on centralized platforms. but there may not be enough incentive for the average user to self-custody. crypto stored on centralized platforms is absolutely fair game to be taken for taxes, and even in many cases (such as south korea) has already been seized. so that is part of the big wildcard on the revenue raised. the other part is the increased blockchain tracking. even if one uses privacy coins and mixing, there is still a large risk that those protocols can be broken by the government in the future, at which point backtaxes come due along with very stiff penalties. anyone not using proper privacy on their coins and having some illusion that the government is not going to know they evaded taxes is just plain stupid.
in canada it is considered bartering.
you should be anti government and anti tax tho
all my homies hate politicians
yeah, governments suck! let's tear it all down! start with water treatment! those guys are the worst! no more water! no more water! who's with me?!
this is true for anything besides retirement accounts...
you don’t pay taxes on the initial invested amount. you pay taxes on the capital gains. so, no. it’s not a double tax.
"you're taxed on everything" that is the problem. taxes are theft. edit; grammar
people get silenced when momentum builds outside the purviews of other powerful, well established organizations.
> had a rebellion over a few percent increase in the tea tax the boston tea party happened following a tax repeal and was spurred by a british company not having to pay taxes. the tea party at its base was about taxation without parliamentary representation, and this is not remotely the same thing.
explain how you figure out how much profit you've made if you're not looking at each trade.
if use a centralized exchange, they will report it for you. not in a good way.
you can also write off investment loses...
every american can write off infinite losses.
mostly used for illicit activities?? c’mon man… you need to update your complaints.
"hitler used spoons, so spoons are bad."
lol. i've never used it for illicit activities. have you? look inside your own head, buddy.
read the book. the bitcoin standard.
plötzlich spreche ich fließend deutsch.
so there is no catch to this? up to a certain amount etc? good on germany.
wow that’s cool. what if you sell before 1 year though? is it bad?
seems like the tax paid on the interest of collateralized loans would be worth it as it increased your btc balance as a result. sounds like a good deal to me!
damn just one year? those are some nice rules
this has changed in march though. it’s getting taxed no matter how long you hold it (27.5 percent)
if you hold, there are no earnings.
you realise your coins aren’t on your own machine right? 😂😅
1% for each transaction as well
we will be happy to take the money you earn, but any money you lose, well that is on you.
wow, fuck india. although, you know... kudos on the kama sutra
thus you do not see a lot of innovation come from there but their expats are very entrepreneurial...
i'm pretty sure you are wrong. i know nothing about indian tax regime but this has to be false. unless it is simply you making the mistake of not actually having a business. makes sense to not be able to have business deductibles if you do not own a business. (hint: do your mining as a company not as a private individual). wasn't crypto banned in india though? what's the current status?
> heck if you mine, the mining equipment is also not a justifiable business expense is this with a company? i imagine nobody can put anything under business expenses with no company.
this is the way for most people on this sub
against ordinary income but unlimited against other capital gains.
you can offset more than 3k annually, but only against other cap gains (like if you sold some shares). the 3k limit applies to cap losses offset against ordinary income. just wanted to clarify.
i suppose there is no limit on gains though
it is the same as with a stock, if you have a realized gain, you are taxed. if it is a realized loss, you can deduct it against your gains. selling it a taxable event. i think you might be confusing retirement funds that are taxed at a later date?
>ear. that number has not changed with inflation. many people who trade during a bull run may accumulate say . they continue to trade in the next year and the market crashes and they lose back . seems fair. that is not true. they can write off . they can carry those loses and apply them against future capital gains. if you lose , carry that forward and if you make .
you can deduct . you can deduct unlimited against other capital gains. so if you lose , it cancels out. the amount of stupidity when it comes to finances and taxes on this sub is amazing.
hold 1 year and its zero!
someone has to pay for all the things that we all use, including you. like roads, schools, hospitals, police. they do not just come from thin air. some of them do steal some amount though, yes.
i'm always amazed at how people normalize the theft.
screw you and take my upvote
i did this, very much not in profit lol
i know, i know. i'm being kinda facetious. and i know most western governments do generally see it as legitimate, just risky. i guess my point is that there is a misalignment (captured quite elegantly by op's meme) where the government can offload the entirety of the risk of crypto business yet still demand taxes when it goes well. that's a little different from most other businesses, where people will enjoy a degree of protection (eg financial regulations, consumer protections) provided by the government in return for taxes. the government provides a safe environment for you to start your business, you pay tax to fund this. but with crypto, the safe environment is backed into the code, so i do not think the obligation to pay tax is quite as strong.
one weird trick that irs agents hate
apparently with mining you can never sell but still have to pay taxes no idea how they work that out
me leader of unruly ape tribe, hurr hurr.
says who? i thought the whole point of bitcoin (and indeed of living in a free country) is that i can have my own independent thoughts and beliefs?
literally human leeches. most of them have created no businesses, employed no one, created no jobs, haven’t made anything, housed no one…. they live off the labor of others. they’ll vote to give themselves raises for working a fraction of the time that most others do…. they’ll get pay and benefits for life, are exempt from the rules they make for others and they make tremendous amounts of money even before they get into the insider trading and other pay for play schemes. literally only child molesters are worse people.
better yet…. stop putting fluoride in the water. at the very least, make sure it doesn’t contain raw sewage like in flint. i mean, they had 1 job
you’re right. you’re only taxed on additional profits. but if you believe bitcoin is a currency this is wrong. they’re treating it like a security. so i sell bitcoin for a pizza: i’ve paid income tax, capital gains tax and sales tax at that point. i’m just complaining that the government doesn’t take on any risk but benefits when we profit and is out nothing if we lose our money
i think he’s referring to his paycheck. so it’s kinda double tax
no what he meant was the amount he put in crypto was already after income tax.
i do not, i let my koinly app figure it out for me at the end of the year when i have to file taxes. :) but like i mentioned, i wish they would change it to get rid of making each crypto to crypto swap a taxable event. it seems ridiculous.
yeah, you know that hunter loves him some crypto.
damnit hitler. ruined everything.
ok fren. what you saying?
no, there is no catch. ccs are not considered as security but as "private money". so selling ccs you've hodled is handled like selling an expensive painting. selling it regularly (which would be considered conducting a trade) or selling it in under a year is taxed, but after that any profit is tax free. selling stuff of daily use like shoes, a tv screen or a car is tax free too. for some asset classes like houses the minimum "hodl" deadline is 10 years.
then the usual (progressive) income tax is applied.
or mining. irs classifies mining as a taxable event. but what would you expect from the organization that wants to tax your income in other countries?
they are if you run your own hardware wallet.
what if you mine bitcoin with an old miner and also heat or cool your house with it...then it becomes a loss all of the time...and then you can basically get paid to heat or cool your house lol
wooooooow india suuuuckkkkkss i hope they eventually wake up
how does it work in binance?
yeah governments now are a bit too overbearing, it smells of overbearing parenting...crypto and bitcoin need to succeed if we are to send gov a strong message.
unfortunately the government made a very clear statement to this effect. if you do a quick google i am sure you will find enough on this. having a business or corporate entity is not sufficient- govt is in effect treating crypto profit and earning as gambling profits. no deduction and a flat 30 percent tax. did i mention the tax on trades is per instance of profitable trade. and previous losses on trades are not capable of adjusted.? yeah the same gambling assessment - if you spend money your risk. and crypto has not been banned in india ever. banks were cutting services to it and govt didn’t like it, but the supreme court expressly held that there was no ban on crypto. this year they added the taxes regime for crypto, as before it was the wild wild west. now the tax man commeth
i thought it was the only way
it’s only unlimited in the same tax year. you don’t get to write off unlimited losses if the transactions happen in different tax years.
buy bitcoin , get paid in bitcoin, store bitcoin in cold. 100% decentralized.
i could have sworn that any money reinvested into the stock, weather realized gain or not was untaxable until you sold it again. was that never a rule?
sure. if you make back your million eventually. going to be tough with the . very nice of them to let you write off the ! they increase the amount you can contribute to retirement for inflation, but how long has this ? back in the day .
what i’m saying is if you make 1 million. they tax you at 40%. so they take . then if you lose 1 million they only let you write off . very generous of them to let you write off
you can deduct . you can deduct unlimited against other capital gains. so if you lose , it cancels out. the amount of stupidity when it comes to finances and taxes on this sub is amazing. do you just take a loss one year and never make any capital gains in your life again?
its all about control,the govs dont even have to tax people cuz they can just print money...but they do both and it still dont work...maybe its cuz 'trust' always breaks down over time
since i got ripped off from different online wallets i don‘t think i will invest any further, by now all my bitcoins are inaccessible because coinbase bought the company and migration takes forever. i feel like every way to hold btc but also being able to easily pay with them is a scam.
0% long term capital gains tax in germany?
they steal a chunk of everything from everyone ... it is perfectly normal.
obviously you haven’t been buying bitcoin for long
what are you talking about ? didn't you just see how much they protected you (themselves) by stopping blockfi from paying you a yield on stable coins that matched inflation ? now, back to 0.1 % yield at bank of america, you plebs, where you are guarantied \*safe \*safe to lose 8 % per year in inflation, and still pay taxes on your 'gains'
do yourself a favor and read hazlitt, friedman, hayek etc.
in america they are the same people
indeed. most of the reason to get elected is not to serve but to cash in on bribes and other shady money while they steal the honest and legit money of the citizens. all while producing nothing.
have we run into each other r? you have the right mindset if nothing else lol.
people who swear lies on other people in court under oath are worse than child molesters and most of em get away with it. what's the value of justice when it is so easily infiltrated by lies? i'd bet 80 percent of restraining orders are on false pretenses. put a mom and dad in a custody thispute and both of em will swear rapid fire lies at each other with the woman generally holding more water. i wish to fuck child molesters we're the worst of the problem but it is a drop in the bucket compared to all the people swearing lies at each other.
not every water treatment puts fluoride in water, it is all based on the natural supply.
because the majority of people are treating it as a security because it’s too volatile to be a currency
> but if you believe bitcoin is a currency this is wrong. you pay capital gains on any currency trading gains, whether it is bitcoin or fiat. the , it is only the additional money you make off that . > i’m just complaining that the government doesn’t take on any risk but benefits when we profit and is out nothing if we lose our money that's a fair thought but has nothing to do with bitcoin specifically.
exactly. they don’t pay taxes on the amount they put into crypto. he only pays capital gains on what he takes out.
oh for real? because i made bank, must not be a very good scam.
or you mean made everything better 🗿
to be honest that just makes sense. like if you're hodling for a year you're clearly not a day trading get-rich-quick type
this is a deeper subject then you've presented, and country specific. "hobbyist" mining is often exempt of taxes, vs "business" level farm mining. hobbyist mining may be considered as 1-2 gpu's casually mining a crypto algorithm. again, mining is region specific and typically based on volume of gpus.
how do they even tax mining? what if you mines bitcoin when it was ’s the current price?
>i keep losing the fungible digital money on a boating accident. whose name must not be spoken.
yeah there is way to bypass the tax , i withdrew even when govt told crypto is banned
to be honest mining basically is joining a lottery. but so are many other things that are not taxed as gambling so... shame on you modi. anyway you were talking about the indian tax regime but obviously these things are not part of the indian tax regime, it is simply an anti crypto regime by abuse of taxes. more shame on you modi! the 1% tax on any crypto transfer that is also a real thing in india?
yes you do. you carry losses forward. this is why you will see politicians complain some company made billions in profits but didn’t pay any taxes. it is because of loss carry forwards.
you can write off the . the (e.g. you lose ). if you're the type of person to be making money and losing money regularly via capital gains, then it means you should routinely have losses and gains to offset each other. if anything crypto losses are far more generous than stocks and equities. there's no wash rule, and if you take btc for instance and take its past month's ups and downs you can take advantage of tax harvest losses massively. these loss writeoffs are no different than what's available to stock traders and business owners. you can write off (forever?). look at all that outrage of trump not paying taxes for 20 years. he lost . you cannot just complain about taxes without realizing that you have a lot of ways to optimizes for minimal taxes.
best thing for me is creating own paper wallets. but you have to read about this and learn the basics, so you dont lose your funds. i only send btc to an exchange, when i want to sell a small portion. besides that, all btc are stored on paper wallets, which i generated offline.
no, long term capital gains 0% has died i think 2005 or so. but private buy, like cars, gold or also bitcoin is tax free, if you wait between buy & sell 1 year or more. this counts not on future contracts, only on "physical" bitcoin (= without leverage).
even military could be useful if some country attacks you. unless you want for any country to be possible to easily take over your country and enslave you or something :). in any case, my point was that taxes have to exist and are useful. i agree they are not currently used in an efficient way and some of it is stolen too.
that's the problem lol.
not long at all, long enough to lose 20% of my investment though lol - good times
don't forget douglas adams!
i can’t speak to that….but it wouldn’t surprise me.
maybe. not sure 😂
these are good points. if the tax money was used efficiently i wouldn’t be so bitter. the government just throws around money like it’s nothing meanwhile my city can’t afford to upgrade the power lines so we don’t lose power every time a thunderstorm rolls in haha
lol no you’re not getting it. where did he find money to put in crypto? from his income right? which is already taxed. that’s what he’s saying about the end result being double taxed. once taxed for income from regular job and then again once he puts that money in crypto and makes some profit
i do not. i hodl.
wouldn't it have been der bart der? he is a male after all.
it absolutely is a deeper issue. the irs has not made things exceptionally clear, and i tend to err on the side of caution due to their... less than ideal consequences for anyone who slips up. just do not want anyone running into trouble they could otherwise avoid. i'm a very early adopter, and i have high hopes for the bright future bitcoin has. sorry if it sounded like i was trying to rain on anyone's parade.
if you are using the exchange as a wallet (please do not)
in two ways: the first is as income at the price when you mined it. the second as capital gains(or loss) with the difference in price from when it was mined vs when it was sold. not saying i agree with it or that is how it should be, i personally feel the irs (and it is likely different in other jurisdictions) is overreaching by taxing it as income and an asset, just trying to pass along what i gleaned in trying to figure out how to not get fined by the irs.
that’s a transaction tax - a tax deduction, but as a sort of a mandatory advance tax that’s adjustable against your actual tax liability. it’s a problem if you trade often, as it will lock 1 percent of each trade in taxes, until you do your taxes at the end of the year. again some sort of draconian measure
individuals can only write off .
so that was never a thing? i've only bought stock a couple times in my life, and sold as soon as i made a decent profit, so i never tested that theory. (thank goodness) but i've had that silly thought in my head since 2001 or so.
the . so if i lose , but i make , i can deduct the . however, i can carry that . if i make , i can offset that . > if your capital losses exceed your capital gains, you can deduct up to **the remainder above the .** > > **if in the following year your gain exceeds the carryover loss, you would use all of the carryover loss as an offset. you would not be limited to only .** have you actually paid capital gains? i offset ~.
agreed. i should have made it clearer my comment was in a sarcastic tone.
yes, our politicians and their children have extensive experience in that area.
look, this shit really is not that complicated. you are taxed on gains, which is why it is called the capital gains tax. if you make , that money has already been taxed. if you buy crypto and then sell it for , you do not pay taxes on that - that would be doubly taxed. you only pay taxes on the . you don't pay taxes on the first 've already paid taxes on it.
okay, let us take this nice an simple: let's say you're the next jeff bezos. you earn ,000 from working your day-job. you take that ,000, pay ,500 in state and local taxes and take home ,500. you then use that ,500 to start some garage startup that ships widgets to people. that business explodes and the ownership you have in it (that you paid ,500 post-tax for) becomes worth billions. you then sell your stake in that company for billions of dollars in cash. now, is that sale of stock taxable, even though you already paid your ,500 in tax on your income? yep. you get to deduct the initial ,500 from the hundreds of millions of dollars in tax that you will owe, but that is almost ignorable now.
goodness. let’s walk through it. bob makes 5k at a day job after tax. bob invests 5k into crypto. bob ends up with ,500 worth of crypto after a couple months and sells. ,500 - ,000 (initial investment) = ,500. ,500 of capital gains (new money he hasn’t had before). taxes only applies to this ,500. the original ,000 does not have a second tax applied to it.
pretty sure it was a diversion by bob
now that el salvador made bitcoin legal tender. i do not believe it is taxable. it's a currency
if i own a cow, and she gives birth to a calf, how much tax do i owe on the calf i now own as well?
so it is not i send you 1 btc now one of us is liable for 1 bitcent in taxes?
against ordinary income... against capital gains it is unlimited... [ "capital losses that exceed capital gains in a year may be used to offset ordinary taxable income up to ,000 in any future tax year, indefinitely, until exhausted."
lol sorry! it's so challenging without inflection.
dude it’s a joke op made on seemingly double taxed in his first comment, no need to get hyper and all literal
why is everyone here so literal ? and why are you guys fighting irss fight? op just made a satirical comment on being seemingly double taxed. no need to pull out spreadsheets and numbers. it was more about on how much extent govmt controls the earnings of regular ppl
omg again! read his comment . the original ’s saying. so in a way he’s saying any crypto profit he makes is double taxed. he’s not saying that crypto profit themselves are double taxed
i just started learning german things like this are new for me. i get the joke. people of springfield are not a bright group.
i'm right there with you... convince the irs that it is unfair for bitcoin to be taxed as both income and assets.
it is… but at the end of the year you can set it off against other taxes…
it’s only unlimited in the tax year the loss was realized…after that it’s capped at . meaning if you have a big loss it can take years to use up.
lmao, nah, you were just thick and didn’t get it the first 5 times it was explained. just thank him and move on. don’t tone police.
> why is everyone here so literal ? because someone brought up taxes and taxes are not a matter of vague allegory. > and why are you guys fighting irss fight? i'm not. i'm explaining how taxes work. if you did not know this, then you might want to brush up because it really has not changed much in the last couple generations. > op just made a satirical comment if you're talking about the person at the head of this comment chain, they said: >> what bothers me the most is the money i invest in crypto has already been taxed as income tax!! it’s a double tax this does not read as sarcasm or satire to me. in fact, it is been said over and over and over again in this sub by people who do not know how taxation works. you then responded with what appears to be an honest lack of understanding of how taxation works on your own part: >> lol no you’re not getting it. where did he find money to put in crypto? from his income right? which is already taxed. again, this does not read as sarcasm or satire. > no need to pull out spreadsheets absolutely. you can demonstrate just how silly that comment was with a trivial example. no spreadsheets required.
lol you're actually both correct.
[whoo springfield !]( good luck and consistency on your path to learn a new language.
is it currency or an asset?
not true, you can use that capital loss in full against other future capital gains. if you have none, just claim the . here is a good example to aid in your understanding... **an example of carrying over losses** suppose the stock market has a bad year. you sell a stock or mutual fund and realize a ,000 loss with no capital gains that year. first, you'll use ,000 of the loss to offset your ordinary income. the remaining ,000 will carry over to the following year. next year, if you have ,000 of capital gains, you can use ,000 of your remaining ,000 loss carryover to offset it. you can use another ,000 to deduct against ordinary income, which would leave you with ,000. the remaining ,000 will then carry forward to the next tax year. assuming that you had no capital gains in the following three years, you could use up the remaining ,000 loss, ,000 at a time, over those three years.
yeah don’t take it too literally. comment was made in a satirical fashion on how govmts control every part of the whatever we earn. there’s no conclusion or anything to draw out of this, just an observation
the irs says both. reality... well reality and the irs often have differing opinions.
so what are you saying is... china will ban bitcoin soon?
at least i get to see the city wok videos again
if i had a bitcoin for every time china banned bitcoin i'd be a billionaire. nobody cares, next topic pls.
it’s not a real ban if you don’t ban the ban
haha, that’ll really show the totally decentralized and peer to peer network that is bitcoin not to mess with china
updated list of banned things in china \-bitcoin \-google \-facebook \-bitcoin \-twitter \-bitcoin \-youtube \-bitcoin \-snapchat \-instagram \-bitcoin \-winnie the pooh \-harrison ford \-bitcoin \-alice in wonderland \-twitch \-bitcoin
twitter adopts bitcoin, crickets, china bans bitcoin for the 1000th time down 10%, we are being played so hodl on comrades.
starting to really understand why china is so afraid of btc. their citizens are highly restricted on what they can invest into. that's why they invest so much into real estate. which is why they cannot allow any investment into btc because they will all flood into it.
it's not properly banned yet! i want more banning the ban ban.
china government should ban itself from bitcoin against the world.
we are serious this time!
isn't china ban ultimately a good thing for decentralizing the network?... how serious is this ban? i'm guessing it is pretty serious since they keep re-banning over the banned ban and ban again so it *really* bans... just wondering if it would impact hashrate centralization.
thanks for another thiscount china 🇨🇳👍😘
ban china. fuck china!!!
keep on banning. i’ll keep buying.
its like if you could go back in time and place a bet that drugs would win the war on drugs. bet that bitcoin will win the cental banks war on bitcoin
geeez this again. i think china is just karma whoring posts with this technique.
every ban is a bit more banned than the previous ban.
the timing of all this is oddly reminiscent of 2017, right before the massive bull run. 🤔🤔🤔
"oh, bother!!" \-xinnie the pooh, 2021
they are only showing they are weak
has china tried banning bitcoin? they should try that.
it's comforting to know bitcoin scares the shit out of the major countries.
that’s what is called banception
crazy to see that it still worked, there manipulation through ban is very effective
sounds like the us government and drugs.
well, last time they only banned bitcoin mining. now they have truly banned bitcoin transactions. it is very different
yeah this subreddit is just too stupid to understand the difference between banning mining (june), banning domestic crypto transactions (april) and now making it a crime to facilitate any crypto transaction whether in china or abroad. this is by far the most significant of the bans, but each of the previous ones has had profound effects too. the idea that this is fud is so fucking stupid. bagholders gonna be bagholders.
don't make fun of it! it is a scientific fact that if a measure fails, you just repeat it every few months. it's called post-march-2020 science. shadow governments love it!
china should have been banned for ever
rebanning after previous bans in 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021.
best post i have ever seen
this is the definition of insanity.
some of us were here in 2013.
they're banning it (again) because they are making their own crypto based on the yuan, and will force it is use once it is released. they do not want competitors.
they will ban it again next year just to make sure
thanks ccp, picked up more btc during the dip
those responsible for sacking the people who have just been sacked have been sacked.
they made that big announcement (again) to apply economic stress on american hedge funds.
reiterated bans should be banned. and then banned again. and again.
ps: its banned ok?
just bought some btc to celebrate this ban
**ban**dicoot_3239 name checks out.
not if, but when china's economy and the real estate market implodes, their currency will be worth next to nothing. at that point they would have wished to have kept the mining companies.
but what about second banning? do you think they’ve heard of mid-afternoon banning?
a resurfaced september 3rd article exploded through media sources 15 minutes before 100s of millions of shorts were about to expire and get squeezed big time. coincidence? i'll let you be the judge.
why did people even sell off on this news...
yeah 100%. every time someone wants to crash the market they roll out the “china just banned bitcoin” thing. and the weak hands fall for it every single time!
all communists are the same (namely, idiots). i grew up under that system so i know the type.
the ccp has been buying btc quietly like crazy!
the people who report it being banned want people to think it has been banned again so people who hold bitcoin will think it is all negative with bitcoin. but we people who have seen china banning bitcoin before know that china banning bitcoin once more is just people wanting us to think that china banning bitcoin and dropping the price will make us sell our bitcoin. but we just hold our bitcoin and buy more. it's just simple math.
one does not ban an already banned commodity just once... china be smarter than that.
bwaaahhh-they can’t stop bitcoin
i just dumped all my sats because i'm so scared.
oh you pretty chinese ban ban, chinese chinese ban ban we love you. and, in chinese chinese ban ban chinese chinese ban ban what we'll do.
isn't this the second or third time this year alone?
maybe we should all band together?
yo dang, we heard you like bans so we banned your ban so you can ban while you ban
i've talked to bitcoin and the nodes. unfortunately china they are banning block rewards for chinese miners untill your government acts at least as mature as a 12yr old...
i would love to see a meme from the 'what would brian boitano do?' southpark but with 'what would michael saylor do?' released every time there is bitcoin fud
well... this time its not only banned but its illegal under threat of imprisonment and manual slave labor i know they are desperate for slaves... but good lord this is beyond the pale
i see a you need a ban for your ban, could i offer you a ban in these trying times?
if you’re going to mock pooh bear and his ccp circus at least be factually correct. the last ban banned mining for bitcoin, this ban bans the acceptance of bitcoin.
no china is restating that crypto is banned in hopes of it being covered by main stream news and reddit. so thank you op for reminding us that china has banned crypto. we can stop spreading this irrelevant news now.
i like when they ban it a few times a year... gives me buying opportunities from paperhands at a thiscount...
the first ban was on mining and targeted bitcoin, with a warning to banks. this time, it is a ban on **all** cryptocurrencies. but ok...
thank god it finally officially official because the suspense was killing me.
did they ban it or did they just ban it some? i don’t think they banned it enough. maybe next week they will ban it again.
stop posting all rubbish on internet … now time to sell us all your bitcoin. i mean sell all bitcoin
it was not supposed to end this way. not like this... again. 🤣
this just makes their entire government look sillier than america’s gov. congrats china.
bitcoin should ban china
ban bitcoin harder baby!!
let's \*\*bomp\*\* bitcoin because the last \*\*bomp\*\* did not \*\*bomp\*\* it enough so we must \*\*bomp\*\* it again and let us \*\*bomp\*\* it real good this time...
yeup they do that to protect peoples asset because crypto is endangering people assets…and they did🙄
yet paper handed people still panicked and sold off lol
people don’t know that this is their strategy they are buying in dip and so is el salvador right now
if you ban twice is not that a double negative? did they actually make it legal on accident?
well, if a thing is worth doing...
maybe they need to borrow stormbreaker from thor, i heard it has better hit ratea
this time for real, imma really do it.
they ban crypto but create their own... lol hypocrisy
double super secret ban. they say this all the time!!! blackrock causing and buying the dip
fill your bags while you can
the "china bans bitcoin" fud still works because it is still new to all the newbies who have come onboard the bitcoin train.
exactly...they tried twice before but the cannot kill bitcoin
don't joke or they may triple ban it
when they double ban it, is it like a double negative and then they have to ban it again?
i heard they plan to ban it again in about two weeks, or if the market is higher. whichever comes first.
have they finished confiscating all the bitcoins to pay for evergrande ponzi scheme?
be on the lookout for china to ban bitcoin in late q1 or early q2 of 2022 as well, and they *definitely* will ban it again in 2024 after the next halving event when the price runs up to +.
china: we dont like crypto (many times) china: mining banned china: everything crypto illegal this is clearly an escalation, how that is not clear is beyond me.
i guess most people here do not know china also banned ultraman today.
what happens to binance now>>.?
it smells scary. they really want to come in to buy goods and services but they want it to be regulated.
they did not ban it again, they are actually enforcing the current ban laws.
china banning bitcoin every two months is so bullish! it's ccp official confirmation that more and more bitcoiner chinese bros are using the yuan to buy the orange currency.
bitcoin should ban china from banning bitcoin
yeah that is cool and all... but i just need to know... but did they ban it?
i don’t understand. this makes as much sense as a nun prostitute
just know, the more they ban it, **the harder i get.**
probably china wants to divert attention from its failure to oversee evergrande group's activities.
translation: china banned a different aspect of bitcoin usage, just like every other time when people would say "no they did not ban it" or "it was already banned."
china banned bitcoin like i quit smoking
> water is now declared wet
but does not banning something that is already banned, un-ban it?
now they are gonna be thinking about crypto in china too
seventh time since 2013. this ought to be the last, right?
does… does bitcoin fix this?
you can never enforce a ban on a decentralized open protocol...ever.
literally not what happened you losers just missed the boat. better luck next bull market!
all these people on reddit keep acting like all these bans are the same thing happening over and over again. they’re cracking down more and more and that means something. it will effect things. they are creating their own currency and they’re going to do everything they can to drive the crypto
ha is this really why the price dropped today. can't wait til the next pump when they halfway unban in while its still banned in 2 years.😆
some of their technology laws are crazy. i have no clue how they would enforce this, or their video game policies. but i am not a smart man.
cheeky, trying to scoop up more cheap bitcoin!
let’s rebrand the ban into a ban ban reban
i have heard china will ban cryptos again in 2 weeks!
cool, cheaper to complete my coin.
i think we should ban china from purchasing or owning bitcoin. we don’t need their stinking bans ban them!!
there is still not a ban on possession i believe. when or if that happens shit going to be fun.
so it’s not banned?
this is funny, however, did not they ban mining before, and are now banning holding crypto?
if you ban something that is already banned, does it become unbanned?
nobody cares about china, especially the people supporting the crypto paradigm shift. f'k china. they are an oppressive totalitarian government, and they want to do everything possible to stop crypto. not gonna happen!
now compare it to how weed is illegal in texas.
i am dreading the moment when china finally decides to ban bitcoin...
psychological warfare. they fear crypto and the future it could bring.
😂😂😂😂 exactly what i was thinking when i read the news. but actually many people don’t know that it’s not illegal to own, hold (in wallet), keep or send to someone btc or crypto in china. it’s illegal for institutions to market, sell, profit from & buy crypto. so if a chinese person buys crypto, he’t go to jail. not the same as buying drugs for example.
it’s the ultimate ban! the ban to end all bans….for now
swim with the whales boys. they wanted to manipulate bitcoin lower to buy more since they knew this was a big day for bitcoin futures to expire. they could not think of new fud to trot in front of the mainstream media (cnbc) so they just recycled old fud. boomers panic whenever they see any negative "news" from cnbc. use it to your advantage. get boomer bitcoin from them. use the panic stock pictures on cnbc with headlines "bitcoin crashes" as your signal to dca. always do the opposite of what jim cramer tells you to do and you will make a lot of money. btfd!
if there is no dip, you create one.
can a chinese citizen send yuan to a friend in usa or canada, have it converted and hold up the chinese citizens binance ( china ) qrcode and have the converted funds go directly into the chinese citizens binance account without government knowledge?
i love it, get that price down for a while so i can buy more.
let’s ban china from talking about their f*cking ban like it’s new news.
it's literally so stupid of china to ban crypto. aren't they trying to overtake the us in terms of economy? this will literally cause their economy to diminish in the long term.
2 negatives equal a positive, so it’s not banned?
all i hear is “buy the dip”.
damn wuhan was not the virus enough jeez
does this mean video card priced will drop soon?
that's called selling before sending out the ban news again, and then buy pumping when it crashes. rinse and repeat.
the dinnerware country really needs to be santioned for all it is done to this planet these past few years
does this mean i can finally get a gpu for my pc?? what exactly are they banning?
just means it’s on thiscount not sure why everyone is going crazy…
did you guys hear about bitcoin ban in china? they banned it guys. then again. but now it’s banned for real this time. but it’s not actually implemented yet. give it a week.
i wonder if china is banning blockchain too. even if you don’t give a shit about cryptocurrency the whole blockchain technology has great potential.
this china character seems like a real jerk!
china is a bunch a noobs
can someone setup a btc china ban ticker?
ban the banned banned bitcoin !
can someone please help me find that south park clip. i’ll give gold for it
too many bans 😂 thanks for the thiscount, china.
what's next? china once again banning bitcoin? where does it stop?
did dean wormer take over china.
each subsequent china fud story s elicits a lesser response, and with time i expect a fud story from china to bring the opposite response.
i guess the chinese still prefer buying bitcoin than buying house built buy evergrandes after the last ban.
maybe they should ban the ban !?
this cant suprise me anymore than see btc bearish day by day
previously the ban was on mining. now, the ban is on owning. watch out.
as long as they do not ban it again, we're good.
man that’s what i was thinking they just banned the damn thing…again
they need it to dip so they can buy more.
fud just allowed me to get some good prices to buy more. 👍
the clarity is getting clearer with this latest clarification.
china reminds me of a giant baby.
it’s just fud to make paper-hands sell 🤷‍♂️
glad i don’t live in china. even though it’s been banned it’s really really banned like you go to re education camps banned. nationals who hodl btc are in a tough spot if they didn’t deal with it before.
ban ban ban ban ban ban ban ban ban ban ban ban ban
i was wondering why l3s were thiscounted again.
hopefully it is "banned for good" and does not get influenced by china in the future.
it’s mega super duper extra big bad banned now... before it was only banned
quite frankly, i think it needs banning again, twice.
bitcoin represents the exact opposite of what an authoritarian tyrannical government like china wants, which is centralized domination and control. it is a direct threat.
they had banned mining , not transactions and owning crypto, jesus the circle jerk this sub can be.
is it not likely that china just says this at every dip to seem like they have an effect on the market. or that they hold btc and dump some on the market, make a ban announcement and buy back in at a lower price?
seems like thistraction from evergrande
im banning general tso!!!! chicken fuckin pinko commies!!!! for the 28th time!!!!! buy the dip before your wifes boyfriend does!!!
q: are yall freaking out? came here cuz im curious
i'm cool with it i bought, it went up i sold it went down, i bought again
can we get a meme of gensler and warren as an old chinese couple.
pull over. i am pulled over! well pull over more. i can’t pull over anymore. i am already pulled over all the way.
yeah, now you see how hard it is for a country to ban bitcoin? it does not even care lol... i believe they will keep banning it, and it will keep growing anyway.
too much bitcoin? ban. not enough bitcoin? believe it or not, also ban.
check out this video - explains where price is going using magical technical analysis
this funny. they need a better thor hammer. they ban. chinese ppl still transacting and playing with crypto. they need to re-announce that they ban it. chinese ppl still playing with crypto. maybe they will give up one day.
two words = fuck china.
all i'm hearing is that crypto is on sale
i have a pran. quadrippprrrlll ban.
cries in ching chong
they are not known for subtlety.
has anyone told them about r? bcuz... i hear those guys know how to ban! ;)
ban the banners banning btc freedom for the 308th time ...suck moo shoo cuck commies...honey badger dont care...
this is the real real ban that was already real but now it’s even more real… now with extra crunchy bits!
i bet you the leaders of the chinese communist party all have a bunch of btc.
a double secret ban!
reddit post of the year 🖤. this shit made me day. lol
they keep it up there gonna be the elon musk of asia
chayna joe biden has plans for that doe!
they just saying this to find an excuse to take all their liquid out of crypto to use to resolve their fucking problem, watch in a like a decades time they’ll be back and what consequences will they face? literally nothing. only a “i told you so” and som e memes from the public, small cost to efficiently save their economy or do what they can to the best of their abilities. not financial advice though
good. fuck off china.
they’ve been banning crypto so it’s not a huge surprise. also there’s other nations that do allow it so it’s not the end of the world. regular currency still exist.
the best thing is that it’s done now. they can’t ban miners twice, and they can’t ban ownership twice. so it’s good. china’s out. let’s all move on with clarity now.
someone said in 6 mos they’re gonna ban btc but for good! until 2022… when they’ll do it again.
next month: banning the ban.
no need to get agitated with the chinese just relax and procure btc from your favourit cex or dex
damn those rubbles, letting ban ban run around banning things. at least the flintstones keep pebbles in line.
bets on when they unban?
they ban every year... but fully endorse vechain... makes sense...haha... just buy more
the big question on everyone's mind now is: how many times can china ban the same thing?
what was the name of charlie's exchange i want my .2 back m'fers
they are becoming like the little boy who cried wolf.
headline! after another china ban, bitcoin price has plummeted to levels not seen in 3 whole days!
communist china is banning everything.
next it will be forbidden
instructions unclear - china bans bitcoin bans
it will be crazy if china loses control of there citizens as they realize they are powerless without the ability to control money. countries may cease to exist.
monthly bans until morale improves!
i'd like to thank everyone here for hodl'ing. and especially those who were buying. all yours boys. cya.
so what? they did it many times before which i speculate allows them to buy more bitcoin, otherwise does not make sense to keep changing your stance on it unless you regulate it
no this time they banned all crypto.
i used to have a subreddit back in 2014 that was r.
s 33 3è2 .8s. 2...y 5e
bitcoin in chi-na is like the “terminator”, you can toss it over a mountain ⛰, blow it up with nitro glycerin 💣,drop it from a helicopter into a active volcano 🌋, and it keeps coming back! btc will have to be banned & made illegal at least 2-3 times per year.😂😂
banception apprently you can ban something already been banned
bitcoin is banning bans.
ban ban no need to ban the market started to get back to normal again feels great
it’s bandemonium over there!
is this what happens when a dictator gets alzheimers? 🤣
this time is different. it’s making people who trade or even owning bitcoins a criminal act
well, they know that there is a finite supply of 21 millions bitcoins. they need the ban each and everyone of them.
12.this is really fantastic is really gaining eyes big influencers famous singer like is slicing it up "i do not want to tell you, before i can buy more!"
the 3rd bans a charm 😉
why doesn’t china start a 51% attack?
i thought they banned crypto last year? good game plan to bring bitcoin down and buy low. seems to me trump was right all the long. china and the demon-rats are controling america.
give it a least another month and they’ll make sure it’s known that they banned it
yes. let's all ban bitcoin again
"nah, we see it twenty time already." "but it still funny!" "okay, okay, i watch."
idk, i think we can use 30 more posts talking about how no one cares. nothing says you do not care like obsessively talking about it.
made you forget about evergrande bad news though. and twitter tipping good news.
no, you'd be a 21 millionaire at most
how on earth can you say people don’t care? people on here act like they don’t care but there are people worldwide who care very much. this is why the fear is very high right now, that totally matters. we don’t know what’s going to happen obviously. pretty much sure that the long term won’t be affected too much. but the short term might be extremely volatile like back in may or before
you must ban the ban otherwise people might think that it wasn’t banned when they said it was originally banned and that would be bad.
*shit, we just uno reversed ourselves and made bitcoin mandatory*
it’s not a real ban when all the miners are in your country
i vote to ban electricity, the internet, and people. only way to stop bitcoin!
lol what did harrison ford do??
they also banned bitcoin, south park, and bitcoin.
you've definitely missed a bunch of bitcoins
you forget time travel movies !
china communist party for you😀
we are early no doubt and the powers are getting scared because they can’t buy it all up without driving price to a million dollars
gee i wonder why the world’s second largest economy banning bitcoin has a bigger impact on the price than a website no one pays money for adding bitcoin support…
are you really comparing a social media company who has trouble monetizing itself to a country with billions of people with a gdp that makes twtr look like the size of a dot?
twitter adopts bitcoin is huge. china ban is bollocks.
oh look, it is rebounded. yawn
it is not about real estate, it is about capital flight to abroad. it's incredibly difficult to move large capital from china to the west, often companies set up llcs through a law firm, outside of china, so their names wouldn't appear on papers, then enter into a legal battle with themselves, arbitrage themselves into losing the case and then get a court order to pay . it's common enough that it even has it is own name in accounting. if you're able to buy btc then you do not need any of such shenanigans.
the amusing part is that for years you'd have china shills on this board (frequently from europe, which i found weird) suggesting that somehow the chinese were different than the americans, and that the us was more likely to perform this repeated ban hammer than the chinese. nevermind the fact that the us has much more free flows of capital than the chinese do. anyone who has studied a shred of legitimate economics understood that china - the country of capital controls galore - would be much more fearful of a borderless, scalable, basically instant, non-3rd party scarce asset than any other major country.
keep the money in the country is the goal, they dont want their citizens having too much autonomy and self reliance... the biggest threat to the ccp is their citizens waking up one day and realizing they dont need the ccp they are more afraid of their own people than they are of being leveled by natural thisasters or bombs
yes this is it. if they start investing in something else then the housing market scheme will fall and their economy will also collapse.
not sure what's stopping the chinese from traveling to us and buying real estate with bitcoin
bit coin does not need china.china need bitcoin.
it's like the spoiled brat whose mom cannot get him to stop eating his own boogers anymore because she is never actually taken away his 'tendo.
the ban on mining already forced miners to leave the country. this new ban is just bad for their people. it's only mildly bad for bitcoin as a whole, since it is a significant percentage drop in number of potential users (and thus slightly reduced network effects).
being in a country that is not china must feel like having a membership that gives you monthly 10% sales.
you gonna hurt capitalist overlords.
this is just the ccp's way of buying the dip i'm sure.
i just hope it does not take 75 years for bitcoin to prevail, like drugs did. gold was suppressed for decades too.
you gotta ban that ban bro
this is by far the most significant of the bans? significant how? who is it, thats been holding for any amount of time, that has not completely written off china. a person that thinks this is significant is just too stupid to understand that this is not even news.
absolutely fud. bitcoin does not need china.
they will respond with reeeeee and a couple rocket emojis to the moon or smt
my vote for you for saying my mind
two weeks to flatten the ~~curve~~ bitcoin
i think i’m getting this but, can you explain this to me like i’m 5?
perhaps. hard to say
they have made a schedule to ban things on different dates.
i know exactly what sound effect this is. i did not even read it, just heard it silently in my head
it is on btc transactions, so they are essentially just building a price floor that it would not go under for everybody owning btc in china. i dunno, i am not complaining.
yes, this is a new project - royaltiz. you make money with the help of famous people.
just wait til they ban bitcoin
agreed. i speculate the chinese government purchases crypto shortly after their seemingly monthly crypto crackdown announcements.
cryptography? i don’t think you know what this word means lol.
china banning bitcoin again = making the rest of the world greater
thank you hahaha - i did the voices in my head, cuz that’s the best part. anyone who can, link the video. i need it. it’ll make me feel better as we dump to
why was the video removed? anyone know?
oldie but a goodie.
this is where i panic sell because i have so much fear it will go to zero, and so i will exchange btc for worthless fiat, which has an infinite supply, is centralized and censored, but i am in total panic because this propaganda works like the last 15 times, damn you ccp for being so smart!
super troopers— he’s already pulled over! he can’t pull over anymore!
crypto doesn’t need china, but china will need crypto to survive in the digital world.
did you guys hear china banned bitcoin?
tbh more interested in taproot activation and opening some more lightning channels. after 7yrs all of this fud just blends together into one large pile of shit with china sitting on top of it. the last thing i was genuinely concerned about, which was pretty scary, was the btc bcash hard fork.
but it’s not from today. the media decided to comment on it today.
from 2018: quote: “china has left no one in any doubt of it’s position…...china to stamp out cryptocurrency trading completely” that’s just one example. even the supposedly memo people are talking about today was a copy.
im just here for the comments, i have not seen it move from \~42k very long at all. at some point you have to live the day and not analyze the second.
make the meme plz
you just need to ban people. most bots won’t trade for long
they can censor the internet, then they won’t be able to buy bitcoin from exchanges
you forgot math! you need to ban math!
yes, china banning bitcoin is absolutely more impactful than twitter adopting it. but the china ban is very very old news, and should be completely priced in already. it’s unbelievable that this recycled story can move the price so much more than the twitter news: which is new (and significant) information. the answer: bitcoin price went up 70% in a very short amount of time and needed to cool off and test support. not news related, just normal ups and downs.
330 million users, most never heard of bitcoin will now be able to use it. way bigger than chyna and it is fake economy. long term super bullish, if you cannot see it, you will soon.
twitter adaption was priced in. jack is a well known s crypto bull. see;
if the us government was not taxing you on this, you bet your ass it would've been banned years ago.
their citizens already know the ccp is fucked. they just are not allowed to freely express their opinions about the fact.
to be fair, every country’s government should be afraid of their own citizens
just because it is illegal does not mean people would not use it. see weed or the great firewall.
right? who's going to bail the us out when we need another loan? because we have \*laughing\* gold \*laughing\* we need to borrow money from our barely allies. what millionaire borrows money from their sketchy friends uncle?
china accounts for approx half of all crypto users so...
saying things over and over makes them more true.
i did, but my post was immediately shadow-banned. in case you do not know what shadow-banning is: i can see the post, but nobody else can see it. sorry, you'd have to talk to me on a censorship-resistant platform in order to actually get to see my post.
we’re not dumping to . bottom is in for this china fud. smart investors know this is meaningless and are aggressively buying the dip
gotchu fam. lol somebody else just posted it to the sub not long ago.
elizabeth warren is trying to scale the poop mountain too
i've yet to understand how taproot will affect lightning. how will the user experience change?
that *was* scary. i mean i sold all of my bcash as soon as i could figure out how, but i *was* wondering if would look back on that day with regret.
“the laws of mathematics are very commendable, but the only law that applies in australia is the law of australia.” -australian pm
there's like 4x more chinese citizens than twitter users, and very few people on twitter are actually going to tip let alone in bitcoin.
wouldn't this just be false representation?
but there is the rub - the chinese government cannot "just tax" their citizens and then let their capital run away from the country freely.
not enough americans understand that america is fucked, even though they have all the freedom to express their opinions about it.
at this point china accounts for about 7% of users, so...i guess this subreddit is just too stupid to understand the difference between half and 7%. you should explain it to all of us bagholders.
you just keep reposting the same line verbatim over and over all over this subreddit? yeah this subreddit is just too stupid to figure that out. [
what's that have to do with march 2020?
you bet on their talents. and then you wait for the price to rise and withdraw the money.
no one knows where the bottom is because we have so much people gambling with leverage which can be manipulated to cause liquidations which are forced sells that can push the price still lower. that does not mean that rational people sell, it is just gamblers getting forcefully seperated from their coins.
dont buy into fud or else it will f - rick u - p d -emgains
yeah i agree. but i feel a good amount is still held in china. they will continue to sell. and we know what extra supply of selling does here in this market.
idk that is not what the star guy from last week said 🤔 😂
yeah, someones already been hot on it too. just some good deals for anyone who can afford it.
btcusd just hit 38k range fyi lol.
someone correct me if i'm wrong, but i think schnorr is the piece that will allow lightning to switch from htlcs to ptlcs, and that switch will allow for multiple routing attempts to proceed concurrently, which will speed up higher-valued lightning payments.
do you know the real income of an avg chinese citizen? do you know it is about transferring money and not about tipping? 🌈
how are you defining america's fucked-up-ness right now? natural thisasters and global warming fucked, or the fiat is fucked? or are the citizens fucked by a totalitarian government thisguised as capitalism.
> even though they have all the freedom to express their opinions about it. cancel culture would like a word with you.
i blame the horse dewormer
the difference is the change in the law in china earlier this year...
he probably is anti quarantine
it has to do with china banning and rebanning cryptocurrencies.
they are not allowed to sell. 😉
if they didn’t sell the last time it was deemed illegal, why would they now?
if they are still hodling, most are having unfortunate boating accudents rn.
dude, if someone has not sold for the last 5 times a ban was announced theb they are not gonna sell it now. u need to understand more about human behavior here. it applies to everything.
i think multipath payments is already possible without taproot or schnorr. but yeah, the new update will enable eltoo with i think might include ptlcs
i've never heard of ptlcs, looks like i have some reading to do. thanks for the info.
i don’t get why you think a ton of people are going to start transferring bitcoin through a social media app when you could have always just downloaded a bitcoin wallet. especially considering you think this is more significant than almost 1.
you claim that "this is by far the most significant of the bans". no one, including you was talking about last year. china’s total blockchain investments dropped 40% in 2019, this announcement, in september 2021, has resulted in a big fat nothing other than setting back the market to 4 days ago levels. your just a troll cutting and pasting your same comment, word for word, on any post you could find on the subject. you have no insights into the market, and clearly no holdings. using your words, the idea that your posts are anything other than troll fud is so fucking stupid. bagholders gonna be bagholders? a bagholder is someone that holds a position that decreases in value. one year ago btc was , today its at . at least we have a bag to hold.
did they ban it in march of 2020?
forced to hodl, forever
yeah why sell if the ccp made it illegal, and now its super double illegal not when a "boating accident" is your best escape, and the plausible deniability of touching fucking nothing forced hodling for the win!
lol, a lot did? did you forget may?
they didn’t say “if you’re suspected of transacting bitcoin you’re going to prison” prior to this instance. sure they’ve introduced more and more restrictions, but this one is kinda new. i understand the sentiment, but your understanding of general human behavior doesn’t match up with the facts of the matter. it’s not the same situation.
i’ll buy it if they are selling
i was not referring to mpp. that is indeed already implemented. i mean parallel attempts to route a single payment part. currently a wallet has to make attempts to route any given payment part *serially*. this is slow, as each attempt may take a few seconds.
lol, hodlers by circumstances.
sneaky plan for future ccp financial dominance
yep. and we saw a big crash. we are talking about current holders. those that didn’t sell back then. try to keep up.
if you suddenly are afraid of being punished for transacting in bitcoin (because your government reiterates that you can hold) i’m not sure the thing you would do is run out and do the very thing they told you not to do. supposedly they reiterated do not buy or sell it, either you care what they say in regards to not transacting with it (in which case you do as told and don’t buy or sell it), or you don’t (in which case you just ignore it).
oh i see. how will that be implemented? that sounds like a potential dos vector, how is that dealt with. do you know?
this might be the dumbest thing i’ve read today.
i agree that it could add tremendous load to the network. i would hope that any upgrade to parallelized routing would include compensating routing nodes for attempting to route through them, something that is being thiscussed but, as far as i am aware, has not achieved any clear direction. it's hard to get all the game theory right so that routing nodes would not scam users and users would not overload routing nodes.
lmfaooo best meme i’ve ever seen
this may be the funniest meme i’ve ever seen.
watching all these crypto vet memes insures me that everything will be ok, i'm a total noob when it comes to crypto and was in mild panic when it first dipped real hard, went to this sub and saw all the memes, had a laugh and knew it will be fine! thanks op!
100% true. artificial rollercoaster
prepare to hodl through the 500k to 100k drop that is coming.
the push is what gets me hahahah
had me cracking up at 2am while everyone asleep lol
i’m fairly new to crypto (only since january) and i can already tell that this is absolutely spot on. i’ve watched some other people who got in around the same time as me lose their damn minds with these peaks and dips. i’m enjoying the ride and buying the dips when i can!
raise the hand if you're the vet 😄
saw this on daily cryptos channel in 2017. can't say that i'm happy that its still relevant lol
love this! i’ve been panic buying for over a week now. i hope the price stays down until next payday on thursday so i can panic buy some more.
made my day 😁
this is the second time i’ve seen this, and you know what? it just became twice as funny. ha! love it!
it do be like dat
mr. bean is a god.
hahahha i am dead good one :,) thx for share
yeah, they should have just done it going over a cliff though lol.
these are some kinda relief too, for noobs who just entered into the market and have panicked due to the dip.
seen it 1000 times now... still great xd
boy oh boy that is perfect! it's literally more amusing to see others reactions than gaining another +100%
this has to be one of the best explanations of the crypto market if you are not just buying a holding :d
i just keep buying more.
if i did not buy the dip i would soooo buy some of them reddit credits or whatever the fuck they call em and yet ... this is too damn funny and scarry at the same time!
“crypto vet” aka that was “me” next to mr bean a month ago but i fell forward in an unprecedented market and have seen it all...all but the saltiest vet is a toddler, but you cool. 🤐
you guys are so fucking cringe now much reassurance do you need to hold your investments hot damn
better than a rollercoaster!
lol. this is hilarious.
lol sums it up pretty well
this just the begging lol
the vets drinking and enjoying the dips
this is the funniest thing i’ve seen all week
lmfao that made my day 😂😂😂
this is hilarious and accurate
this is the best crypto meme!!!
this is dank! lol
brilliant! 😂😂😂love mr. bean!
bean there done that!
how do i download this?
this is art. genuinely incredible.
never laught at memes till this one
it really do be like this.
yeah... my buddy finally dropped a few k days before the dip. hang on for the ride dude.
this is why i only use money that i’d be ok with it evaporating from my bank account. you can’t freak out about losing money that you’re ok with losing.
love the way he throws the china please ban bloke out his way
this made my day. thanks for making me bust out laughing in public.
the good memes are back!
i like the pain
my portfolio is f ed up but this meme is real funny xd
omg i'm dying 🤣🤣🤣🤣🤣
\*bitcoin, not crypto. few understand.
great movie. great meme.
i paper handed when it crashed from . never again.
me while my wife is freaking out.
i've sold nothing. wait, that is not true, i sold some e...t...h at 4100 and bought more btc.
this is fucking brilliant.
that’s 💯 the last 3 weeks
haha pretty much. a true vet doesn’t even react as much as the great mr bean.
china fud.lol. like anything out of china can be believed.
lmaaaaoo this shit is the best shit ive seen
being a newbie in crypto i can understand 😂
this is literally the funniest thing i saw in a while lmfaooooo
spot on bro! i am a newbie just trying to hang the hell on! this hits home! :)
the fud was way worse in 2011. current headlines are pretty tame. just grab some popcorn and enjoy the show.
his face is so goddamn perfect!
well it also helps that every "vet" is so far in the black they are only losing profits right now
accurate except vets don’t even check the price
i can’t wait until i’m the vet the next time
i love this meme more every time i see it. unfortunately i cannot buy any more of the dip, since it just dips and dips again lol. so for now i am just going to hold and twiddle my thumbs. 👍
lmao, i could not click upvote fast enough!
i folded in 2017 and will never fold again
does anyone know what is going on with voyager
which mr bean is this?
this is spot fkn on.
crypto vet got in when btc was , so hodl is relatively easy.
it's great for the people who are so far ahead they do not have anything to worry about. i'm someone who thought buying at 49,000 was a good dip to buy in at...lol
haha it is so funny and so damn true
astronauts need extensive training to reach the moon, only the ones who can endure it make the cut.
can i post it tomorrow??
if people had to convert into a coin like tether and order to make government payments, wouldn’t that fix the issue governments are having with crypto’s volatility ?
funny and sums up my feelings well
funny, but stupid :)
hell yeah! hodl hodl hodl
literal lol, got me!
pretty much spot on lol.
seriously... this is extremely accurate.
this sub has great ones.
this will never not make me laugh. that look he gives him at the start 🤣
lmao at 19 seconds when he shoved the person
there are two moments in crypto world: one when we enjoy gains and another when we enjoy memes.
crypto is long term, in 4, 8, 12 years it will only ever increase in value.
just remember that no amount of self assurance or validation by strangers on social media makes up for the actual value of your account
the power of the meme
funny memes are gonna make people some real money, lol
if you’re a vet you either sold or went short and no longer believe in crypto, actually. only women and children still believe in shitcoins
i mean that is exactly what this post is intended to do, to creat a (false) sense of security and thereby prevent people from selling so that the crypto market which is backed by nothing except hype, positive press, crypto whales, wash trading etc etc does not implode
all rollercoasters are artificial lol
what?! so there is a chance that a top 2021 buyer like me still have a chance to get a full coin?
honestly, a drop like that might actually make me cry 😭😂
more satoshis for me haha
like an animal doctor?
i wish i was the vet. but give a few more months and i think i got this sussed
i may not be a vet, but i bought at 10k and i’ve seen 5k(i’d say experienced since i haven’t seen a full four year cycle yet). this dip didn’t even phase me though one bit.
og vets will not be raising their hands... that’s very much a new school signal. just saying.
yeah but look how much you're (hopefully) up since 2017! i got in 2018 and up 1400%
i gotta send this shit to all my paper handed friends
my point exactly. i just bought a ton before the 1st big dip. down on my initial investment. big difference between that and those who are only down a bit on their profits.
and you thought it will never dip below 49k ever
he mumbles and squirms.
yes that is why you must sell
i've been buying with both hands down here.
> makes up for the actual value of your account i dont get people who care about the "dollar value" of their "account" the dollar is wet used toilet paper. the only good thing about it is getting rid of it or getting debt in it in exchange for something meaningful.
woman and children, so just some normal humans believe and some other do not believe in it? and there is actually no difference between people who hodl and those who do not? seriously, with this mindset you have nothing to search on cryptos or on reddit.
even if it is a false sense of security, it makes me feel better that i lost 10 euro
how can rollercoasters be real if our eyes are not real ?
if you keep dca'ing you will, eventually, wholecoin.
percentage-wise, it has happened multiple times before. you need strong conviction in this game.
bitcoin goat needs a vet
17 was sad, but fun.
indeed you’ll want to secure useful and productive assets before inflation spirals out of control. can’t secure them with internet brownie points and good feels that’s for sure
some of my old coworkers made fun of my bitcoin evangelism too, so one year for christmas i gave them all 0.1 btc so they would also have an interest in its success. this was around 2013, so it was about ... a nice gift, but nothing crazy. now, of course, it is quite a bit nicer.
you should buy your friend the heartwarming classic, "how to have fun staying poor" as a goodbye present.
i do not know why but all i can think about is that quote from without a paddle where he says "laugh it up...we'll see who's eating salmon tonight and who's eating crow"
damn, they‘re probably fuming that they didn‘t invest but rather bullied you for being an investor
matt damon told me fortune favors the brave and now i lost all my fuckin money.
what a coincidence... i have the "first edition" of that very same book...
congratulations. it's good to see someone be able to step away from the fearmongering crowd and go to enjoy their life.
i hope he will starting investing in botcoin now, he should.
haha love it. make sure you rub it in. fuck work.
you my friend, is what we all aspire to do with our bitcoin. congratulations!
your retiring when the markets down a bit?
congratulations! what are your plans for retirement?
congrats and enjoy every day to its fullest.
that's worth framing and putting up. congrats on the success.
i have to admit if my coworkers did that i would laugh.
are you my identical twin??
that actually took some balls to buy 20 or so bitcoin even in 2018. i mean that is like a hundred grand if you had an average price. i felt pretty good with a little over 50k in profit this cycle which is peanuts compared to some of you that put on more risk
really happy for you! enjoy your retirement
good for you, i made a bet with my friend that i can afford to retire in august 2023. wish me luck!
congrats! any tips on how to retire in the cryptoverse? investment strategies for us blue collar folk. all the best!
when people come to me about bitcoin, when i told everyone on 2014, i tell them, hey do you also have a time machine, so we can go back to when i gave a fuck
i advised some of my colleagues to buy btc before but they just laughed
what do they think of you now?
bold words coming from their wagie cages
at least he did not spell it loose like most people.
rule of becoming success: stop talking about it. just do it and let proof be your success. "first they will laugh about you, then they will tell that you were lucky, then they will ask you how you did it" i remember when i was having a drink day at the bar with a friend, when we go suprised by his old friend from "before he started his success journey". this friend told him to fuck off and that he is stupid believing all those "coaches and scammers", joked and laughed about him. he went literally crazy over for what someone else is doing with his life (like wtf dude, why you even care what other people do?) well, at that day he was very subdued. he could not believe that he was actually successful and wanted to start something "are you now a scammer too?" and still search for excuses. i mean it could not be real that those "coaches and scammers" were true, right? well, it took probably \~60 minutes that he made up his decision on his mind even tho he did not said anything. well, after we ended that night close about having an intoxication from alcohol... he later on called him and asked to join the team. conclusion: don't talk. just do it. they will come later on or cry all their life long. it's their life, let them do whatever they want, while you have success. congratulations to overcome your friends laughter and beliving in your decisions! you successfully overcome murphys committee (very nice youtube audiobook available!).
have i got the right [book?](
payback is a \*itch.
fuck ya, cannot wait for you to come outta retirement and write the 3rd edition
congrats. i hope i can do same in a few years. have fun rest of your life.
well, jokes on them now xd
can you really pay all your expenses using only your bitcoin bought along these years?
that prank is both right and wrong. you cannot deny bitcoin is a fast route to losing wealth, as well as building it.
congrats. if you got into bitcoin a few years ago that means you’ve seen the price go to hell and back and never gave up. you deserve it, i hope you have a good retirement!
did your coworkers have fun staying poor ?
lol that is so cool thanks for sharing :d :d
love bitcoin but hated that book. far too preachy.
why are you also holding an egg?
why are you retiring today?! i would have retired march-april last year...
that actually looks like pretty interesting book. how good is it?
way to keep the faith brother.
this seems so fake and dumb.
that's a fucking great book. i'm on my second read.
reading this right now! every coin but bitcoin is stupid.
get them the book the road to serfdom before you go and wish them a long journey home 🤟🏼
i worked closely with a real blue collar type guy a few years ago. he did not understand it at all so did not want to put his hard earned money into it. i crashed his snowmobile one day and paid him 1 btc for the ,000 in damage i did. he's quite happy he held on to it but i do not think he ever bought more so i'd say lesson not learned.
i can say this was a costly prank!
coworkers and friends are two very different things. at the end of the day, everybody gets what they deserve, one way or another
congrats! i invest usdt in crypto to retire someday too.
i love these stories
so you’re retiring on a dip?
why didn’t you retire when bitcoin price was higher last year?
congratulations! so happy to hear that crypto was able to help you realize your dreams!
nailed it mate. well done 👍👍
only 14 years later and ppl still ask the same question, how do you buy anything with this shit?!
wow what a flex
you gambled your way to retirement. good for you. *eyeroll*
give them a book in return. "how to remain a cuck -- second edition"
damn why you have mean bullies as coworkers
damn. right in their face!
yee ha! well done
hahhahahaahaha i’m sure you enjoyed remembering this prank which sure as hell didnt age well!
this version of the book is now a collector :d
i though the same way , and now i can afford spending usdt only on its fractions
i mean you got lucky, it could’ve gone the other way too 🤷
how long ago did you hand in your notice to start you’re retiring ? that would have been a fun 4 weeks. also what age? i hope you’re moments over 30.
congrats on that. please help me to also retire
really? you're retiring today? wow
judging from the look of your hand, you're no older than 45. congratulations!
get ready for question : can you loan me some money...
congratz!! hopefully, btc will be able to help me retire one day, too, ha ha
so that’s it? your selling your btc to live at these prices? i can’t bare with any of mine. i was buying full coins at 1k. maybe you were buying full coins at . i’ll keep working my fiat job until btc is 1-5 mil. so like 10-20 years. congrats tho.
goood one, second sideface of medal :)
bitcoin will be better in the future
if they only listened….
he sold lmao bearish
what are your private keys? lmao
the book released in 2018 and came under my radar in 2020. i wish it had come sooner. we would have had michael saylor (who was heavily influenced by it) and so many more start having an educated look at btc and start investing with a lot more conviction resulting in more hodlers. it certainly turned me around from being a shitcoin trader. god bless saifedean!
retirement, 1st edition, bitch!
are you one of those people who acts like you made it and it was all good decision making? i just see a lot of people who have these kind of posts about getting back at their coworkers or family and the truth is you could’ve easily failed and them giving you shit, and you would’ve never made this post. i’ve had some failures and success in the crypto world but either way i wouldn’t feel the need to tell the world how great i was… or how bad i failed
you should write an autobiography, high lighting your journey.
with how many millions ?
they 100% regretted that they were on the wrong side. maybe even 500%
you are a very lucky person. congratulations on your retirement.
bravo. but why are you retiring today specifically? we're at 43ish.
funny how people will take every opportunity to basically call you stupid when it’s their own ignorance they can’t see. fuck your co workers. i have a similar story with my ex- colleagues. fuck all of them and their 9-5 slave mentality
i guess , sometimes you just get lucky
hopefully youll be able to find new investors so you can cash out.
i dont think this is fishy, there are people with patience. i am one of them. bought in 2013 , never sold one .i like my job, but can quit tomorrow .
bravo 🙌 congratulations. hope you enjoy working for yourself
he who laughs last, laughs best. how old are you if you do not mind me asking?
you sly dog, you. pulled the uno reversal card. congrats!!
my co-workers are still buying shitcoins
you should definitely bye a retirement cake with fuck you and a big b for bitcoin on it
if you pick the red pill you can stay in the bankers' financial system. pick the blue pill and i will show you how bitcoin is changing money as we know it.
i did the same and retired in april of last year. they call me all the time now? hmmm...
i paid for my fake id's on id god with btc in 2013. those two id's would be worth damn near 100k now but you know what , it was worth it and i wouldnt change a thing lol
oh how good it feels to be right.
when does your welfare kick in?
i think we all would do the same if we did not want the 8+ hour shift, live to work, holding you down from living life principal. a few like their job so they would stay, but most do not. work takes 40% of your life, give or take. that can all go back to you now.
back in 2017 when bitcoin "crashed" from around 6k to 3k before the runup to 20k, one of my coworkers laughed out loud 🤣 saying "someone here invested in the risky asset" refering to me. tried to retire in late 2019, but my boss convinced me to stay. probably was best to have a job during the pandemic. the regular paychecks kept me from selling off bits of bitcoin to pay off living expenses, as the price kept appreciating.
well we can find these kind of people everywhere now.
this is irony to the power of 69.
i cannot imagine giving someone guff for trying to improve their fiscal wellbeing. more power to you!!
gift that book to them on your last day ;)
welp that escalated fast 😂.
this shawshank redemption level event ! enjoy 😉
congrats. how much of your btc did you sell to fund your retirement and how much as you keeping?
anti bitcoiners are against freedom, sound money, basic economics. worst people that exist just low iq i’ve never understood this
ah yes. some good readin'. can't wait for the third. 😅
and where are they now?
where could i get one hahahaha.
when did you get into crypto?
i paid my friend for a meal tab in bitcoin, hoping they’d get interested. my other friend who was there later got into it but the friend i paid never did anything with it. now it’s like ’ve never even moved it lol.
i would be surprised if half of them could access it.
oh they made fun of you? let me tell you the story everyone knows about me: finds out bitcoin in april 2013, wonders in the bitcointalk forum, i talk to everyone, i like the place, i tell my friends about bitcoin. they look at me like i'm talking about **monopoly money** every week i tell them about it, i see few stores, and they say: why i have to buy from there why they are overpriced, i'll just go in a normal store and buy it. i was been considered mental ill. guess how many people came back in 2016 like rats when news in italy talked about the bitcoin price? people i deleted numbers from, people i forgot i met, my friends, my family(my dad said 50€ per coin was too much, he bought 50€ when it was worth 10k), and in that moment they considered me as a milionaire(i wish my hard drive did not failed... well nevermind) anyway, from that day i was considered a genious, a fucking madman in positive... how to mine, how to buy, where to stack, how to earn... i dropped 90% of them.
yeah back in february 2014 coinbase sent me , which was 0.01 btc. funny to see it worth + now.
hahaha nice! do you know if they kept it?
i did similar and gave -workers that were pretty good friends. (only needed an email back then to send it.) i got 4 of them back after 30 days because they never looked at it. one guy did sign in and recently went back and collected his .
the irony is hilarious in this post. give non-believers a chance into btc just for them to regret it even more for not looking into it
yo. i’m here to make fun of your bitcoin evangelism too.
the wagie delight by slavinmi lyfeaway
or a book 'the never ending fiat mining story'
that's the kind of petty move i would pull. unfortunately all my co-workers have at least a passing interest in crypto, if not an outright open mind. so i have no outlet for my bitterness.
ironically both of these meals can cost a fortune at the right restaurant lol
nah bruh, look at all the people on this sub fumming because they lost their money over the last 3 months
don't believe anything like that, just invest in bitcoin bro.
is this a south park reference?
we will do something good in coming years with bitcoin my man.
this story honestly sounds fishy to me. bitcoin standard released in 2018 and has seen just one bull run since release, and so far not even face melting growth. so, retiring now suggests he did not need much to retire early anyway. especially weird that he is retiring now and not say, last year when it was much higher. he'd be further away from retiring now and also probably should be buying the dip. now if he got in much earlier than 2018, like 2012, then the prank would have already been stupid in 2018 because he could have just said he has not lost money, he is up 1000x or something. honestly it seems like a prank someone did to him recently and this is just the hypothetical burn he is imagining when he can eventually retire early and post this picture. don't we all dream of this scenario someday.
maybe he is just retiring but not leaving the investing market.
he needed to buy the dip!
what's the full form of gfy? i heard that word a lot lol.
so true, i want to frame this so bad in my bedroom man.
we all are the same here lol the goal is just getting retire at young age.
we gonna have more profit in the future mate, just wait.
he is living our dream right now, we all wanted to live that life.
good luck in that my man, hope you will achieve that.
my tips is the same as some of the crypto youtubers, buy 7 years ago and retire today
just invest more and more i guess that is the only tip.
so true, i can relate with this comment so much lmao.
flashback to being mildly infuriated on limewire every time i'd see: > "eminem - loose yourself"
were you still drunk while writing this post?
great testimony. your friend must have wanted to kill himself for missing an opportunity like that one
he deserves every fucking wish here, he is a legend.
true, it was a fucking right moment to pay them back.
lol imagine their faces if he come out with 3rd edition.
that's what i was thinking brother, we all just wanna show the real power of btc.
they gonna regret those shitty things their entire life now.
so have you sold all, or are you banking on your portfolio retaining its current value for your retirement? genuine question, i do not know very much about cryptocurrency.
lmao what are you trying to say here? bitcoin is the source of being wealthy.
i recommend it, i didn’t really know the history of money so it was also a good history lesson
lol i'm seeing a lot of you folks today. hey, you can retire early too...this is not just some fantasy.
no one can really ever time tops or bottoms. i remember in 2018 when we were trading in the 3,000s everyone was saying we were going to two. this time when we were at 60k everyone said we were going to 100k. i bought with an average price of 6k and sold with an average price of 40k. it's not a perfect trade but you just cannot look back. i still turned 9k into 60k
tell me you don’t understand life without telling me you don’t understand life.
maybe he is still investing but retired from his current profession.
not cryptocurrency but bitcoin, remember the majority of crypto are shit coins.
i want to see the look on their faces man, i can pay any price for that lol.
why would you want to? do you buy groceries with gold coins?
you sell it for actual money then buy stuff with that.
dude you need to do more research on bitcoin and crypto lol.
this is what most of us want to achieve in the coming years.
he went pretty hard on those softies, but still i like that.
sounds like a freaking punch of karma on the face lol.
imagine the condition of those stupid coworkers now lol
most of us gonna achieve retirement in coming years too.
we should be proud of this man, he is a fucking legend now lol.
that's real success man, we all wanted to be like him lol.
this is what they always say. maybe you're just wrong and they are right.
we are all lucky, to be born at the right time to invest in bitcoin. op simply capitalized on this luck. many others squandered their luck.
just be calm and earn more, you need to invest every week to reach that level.
good point. it is similar to survivorship bias and we can also see plenty of examples of people who got financially wrecked with crypto. personally went p-24 months but do not plan on putting up a post on reddit but hopefully use some of my free time to help newbs not get rekt.
billions, and billions, and billions, and billions...
i'm sure they just miss you for the person you were... right?
why give a fuck
i'd hate to work with you.
have you told him that he now has around ?
yeah see if they even still have the keys for that he will be interested.
i paid someone 1 btc to cover a . they sold that for a massive profit when btc hit . i'm sure they have no regrets.
i gave out a paper wallet with . it's now about . i kept a copy of the private key. how long should i give him before i take it back?
i used to run in the same social circles as gavin andresen, and he’d pay people back for beers etc in whole bitcoin. i know they all sold and last it came up they were regretting it, back around . just imagine lol.
dude paid in bitcoin for 2 pizzas. at the time it was . now it is over 300 million. lmao.
ask him to confirm his seed to you to check it’s still valid. least you can do
guess this is the only way not being interested about something could get you rich
ask for it back and if they so no, you will know that they are hodling but don’t want to say it cuz you were right and they didn’t believe you.
hey same thing for me but i think i opened my account in 2013! that .
there's [the fiat standard: the debt slavery alternative to human civilization]( which is the sequel to the book in op's pic.
this is so perfect.
never saw crow on a menu chart and i have been places yes.
: no, i do not think crow should.
which is what they did to lose all their money lol.
i thought the same thing. itll be interesting to see if op answers a previous comment asking for his retirement plan. i doubt he will. its a big issue that most bitcoiners who plan on retiring have. there is no plan once your bitcoin goes up, only to convert it to fiat.
he could also have had a small amount of early btc then been dcaing in as it rose. lot of people had a few silkroad-era btc just laying around. i can see why a normie would see a guy dumping 10+% of his paycheck into btc every month might see him as having fallen for a scam or something.
you do not need 1000x if you already have money. , worth .4m now. just gravy.
1150% gains from 2018 (best scenario) is face melting to me
if "retiring" is only an exaggeration, then the story can still hold.
look at the hands, those are old man hands
psh i was buying in 2013 and still have not retired. of course i wouldn't retire, i love my job.
it’s possible that they bought a ton more at 17k and sold the top at 69. i don’t sell bitcoin but, as a bitcoiner, it was a no-brainer and really tempting to do this. especially since we were still close to the top in december and historical s2f was saying to sell in dec.
look at op post history. says he can afford to lose a millly
honestly when i think how i would do it, i will slowly diversify and pay taxes off before retiring. so if i were to get enough money to retire, it would still take a year of working to make precautions and pay off the huge tax bill. so the timing can feel off if you play it safe. but this could be a fake post, no way to know
> bitcoin standard released in 2018 and has seen just one bull run since release, and so far not even face melting growth. if he had only 6x or 7x value increase in his retirement portfolio in 3 year, thats more than enough to be retired assuming he started with enough value. 7.1 trillion trillion satoshis was not much of a retirement 3 years ago, but is pretty generous in todays terms because the dollar has fallen like a rock. especially considering that he doesnt have to do something stupid like convert it all into worthless fiat at once, he can keep the majority in bitcoin form until he needs it, meaning he might never spend it all.
it really seems a bit sus lol, how can someone have that perfect life?
op didn’t say anything about age or makeup of retirement nest egg. could just be 70 years old with a fiat 401k and some btc as a cherry on top. they didn’t say “btc is the reason i can retire early”
it is go fuck yourself. i got the 'congrats, gfy' thing from r. pretty much the whole sub says it to anyone that announces that they have achieved fi...
buy and hodl. cheers
he was still drunk, so he told him to call him and tell him to join
luckly not. i heard of some people who went crazy, because they missed the opportunity on bitcoin, which is already hard to hear. he was obviously in a mixed emotional state, like sad, regret and criticizing himself, but we spoke with him and explained him what is important to become successful and gave him another opportunity. i always thought that when i finally made it, i will make an evil laugh and joke around how their "success" is going like an arrogant douche. well,... i found out that if you become spiritually, start meditating and do a lot self-reflecting, you do not need this ego bullshit anymore. we just let go... forgiveness is 100000 better than proving them your success and making them feel bad about it. life is full of opportunites. we only see them when we are ready to see them. eventually when people finally see them, they have seen them so rarely that they cannot even identify the opportunity and also their negative mindset is kicking in. "but there is risk involved... what if this happens... what if this is a scam... what if i am not good enough... what if i am too young, too old, what if this is not for men, not for women, not for white, black, latinos, xxx..." we got systematically educated into a fake sense of "security" and everything that breks that illusion of security will trigger a lot of fear, which is not for the majority to not even try out anything. there is one simply thing to understand... to become successful, you must fail a lot of times. "what if...", perfect! a step closer to success! learn from this mistake and do it better next time. repeat this often times enough and just one time ... you just have to hit the jackpot just once! also you will have a great story to tell and remember. all the pain and tears you suffered :')
well then you gotta do a 4th edition for an encore
exactly. this sub is filled with people who so confidently speak of what bitcoin 'is doing now'. the shorter the time frame for your prediction, the less weight it carries for me.
it depends on yourself, whenever you feel that you have achieved the goal. get retired.
are you going to tell me you don’t understand jokes?
lol maybe he is just more hungry, it is good to be hungry sometimes.
i am glad that people are taking these words positively here.
bitcoin is crypto in fact it was the first crypto.
100% - revenge best served cold!
i do because i'm a leprechaun! now stay away from my pot of gold 🌈 🍯
he just want to waste his time on hating other people.
don't bother yourself, he would not gonna understand this simple thing.
14 years later and ppl are still asking how do you sell it for real money?
i'm a beginner. i do not even know where to start
yeah i did the same thing and they indeed lost the bitcoin lmao.
lmao. that's a tragedy. :0
i always write the keys down if i gift it to family, that way if they forget i can dig it up for them. most non-crypto people will lose the keys as they see it nearly valueless until it increases in value, so keep that in mind.
i would wait about 15 minutes
i give them 5 years.
if you really wanna be moral, see if it’s all still there’t been touched in 9 years, take it all except 5 dollars. that’s the tip you gave him, and chances are, he trashed that thing.
this is how you give friends that have no clue about btc. help them. when the loose access, once they are filled with regret and say “they wish they would have….kept it or paid attention back then…” …then give it to them again.
if you want to take the moral route, you'd explain that private keys should stay private, and ask him to move the coins into his own wallet.
hope they got in when it was 50$, otherwise i can’t imagine the fomo now
bitcoin has a beautiful relationship with pizza
hence the may 22nd international bitcoin pizza day. mark it on your calender!
one guy wins the game 10000 other guys play the game and lose life changing money
you do not lose what is not realized
it's fishy that he is not responding to any comments here.
they kind of look like my hands minus the dermatophagia. uh ohh, now everyone knows who i am 😱
noone who "sells the top" is going to make it. they end up selling the bottom every time.
sounds like he did not need btc to retire then.
true words, i highly appreciate your thoughts here bro.
well did you believe in btc after it took off in 2018?
well looks like most of us will not going to understand that.
i do not know about that but i know that you are a teenager.
don't worry we will starting using it after mass adoption.
imho you should always have a backup private key and not tell them, if possible. i know that goes against the idea, but people who are not interested yet would not be cautious enough often times.
thus increasing the value of the remaining coin. thank you for your contribution.
it has not been touched. lucky boy has .80 of bch now too 🤣😆
this is a guy who dropped a pizza off at my place 9 years ago
oh ok, let us see what happens in a few years. i do not like to think in short term and i try to avoid instant gratification. discipline is a skill i'm trying to improve on lol.
unless they sell the top, then they do not sell the bottom. i will concede out that this is pretty fiat mindset thing to do.
i started buying in 2013.
you know nothing's, nine, nine, nine!
when's that coming again?
just imagine if they got interested and started depositing into that same wallet, and then due to a failure in your own opsec the backup you made was found and all their funds got taken.
nah, keep a copy of the public key and try to explain the long term value and finality of bitcoin when you give them the private keys. if they lose their keys carelessly they’ll always have a reminder of just how expensive their lesson was.
if you gift or pay someone something then it is theirs to do with as they please, even if that includes not being interested and forgetting about it. you cannot just go about dipping wallets to claim money back you think people ought to have done differently with. this is sleazy.
so you going to get someone into bitcoin by giving them their own wallet and bitcoin and then not tell them you infact have their private key ... omg
i searched my own ledger address on there and it shows no transaction history or any btc. is that bad
you could try to track him down; the employer may still have records. maybe contact the police to help you track him down. another idea, you can move the btc to away and then back to the address, to let them know the key is exposed, and wait some more time. [wikipedia]( has a nice article on abandoned property.
lmao i wish i had friends like you guys
i think the idea is to give them the private keys again, once they learn to appreciate it. at least that is what i would do.
i understand your opinion. but i see it otherwise. if bitcoin takes a massive pump over the years and the money is still not withdrawn, i consider it lost. maybe it is better to tell the guys that you yourself have access until they withdraw. edit: my scenario includes gifting to strangers you do not know.
you do not have to take the btc, you can tell them that you set up an emergency way to access it in case they needed help and show them the new amount. i am sure they would not think it is sleazy.
honestly anyone that recommends self-storage of keys to a friend is wildly irresponsible at best, a bad friend at worst. that is such a personal decision, and forcing it upon someone is not only selfish but dangerous as we see time and time again. there are countless more secure and foolproof ways to store crypto. not everyone is edward snowden with the us government at their heels.
i cannot believe this is downvoted. and the guy who suggests getting people into bitcoin by not telling them they have their private key is upvote... bizarre
i always advise the recipient to make a new wallet and move the funds into it for best practice, because i have had access to their private key so it should be treated as compromised
i gave my 11 yo nephews a cold wallet with btc, do you honestly think they will be responsible with the keys?
interesting predicament, but if they got properly “into bitcoin” they would most likely have moved it out of the potentially compromised paper wallet you handed them, especially if they were adding more. not saying that doing this is ethical or not, but moving coin out of paper wallets and exchanges is up there with changing your passwords regularly and not using the same one for all your accounts. (edit: grammar)
yes. my ledger wallet address shows my transactions.
lol this is way too much effort. just take the bitcoin back.
i recommend not calling the police to help you find a pizza delivery driver from a decade ago. that is not what the police are for.
contact the police lmfao.
if all that fails, possibly op could quit their job. spend their time really getting into this thing. start tracking employees at the pizza join starting with 9 years ago. get a whole pepe silvia thing going on the living room wall. abandon family and friends. possibly spend a few days in the clink for following some female delivery drivers a little *too* closely. use that time to initiate a new plan. invent a time machine. go back in time and implore the guy to follow through on this bitcoin tip. because what's important is the guy who he tipped .
your a buzz kill
there are still people that think the police are there to help you. directions, family thisputes, broken down car etc.
*-9-1-1 what's your emergency?* yeah hi, i need to track a guy who failed to deliver me a pizza 10 yrs ago *- what?* yeah i gave him bitcoin back then but he never used them so...
pizza delivery police does have a nice ring to it though
there is no situation that can not be made worse by the police. for just one random example, cops recently shot and killed an off duty cop who called the police because someone was trying to break into his house.
in my years on reddit i've learnt it is worth talking to people who are wrong, downvoting people who are stupid and watching the complete morons really closely, because someone else is going to find a really funny way of telling them what a shit-for-brains they are. today, you're they guy.
oh god keep this shit out of . edit: i meant to write cc. not . im aware this is . i also cant reply to comments because op or a mod blocked me and now i cant reply in the thread :)
lol- everybody at the station is trying to get on the pizza tip task force
no mod blocked you. thank you for calling out and reporting racist trash.
what sub do you think this is?
after elon finishes his bitcoin farm in austin
who gives a shit
when they do start accepting btc for tesla’s, it probably won’t have the same effect in reverse when he announced they wouldn’t accept it. frankly, the el salvador thing is the long term bullish news. it’s a very good chance that their strategy works, and if it does all the other latin american countries will follow. if that works and there’s a good chance it will, a lot of other countries may start to follow suit.
what’s the methodology to come up with 56% renewable energy use for all the current nethash? source on this statement so we can look up their methods and results?
are we going to do it again? we should not risk giving him the power to manipulate the marker by giving him importance, he should be irrelevant
it's doubtful that they will start accepting it again anytime soon because i do not think the decision was really about the source of the energy. no one questioned energy sources when they sell carbon credits against vehicles that are largely charged with grid power. fud narratives are a hydra cutting off a head does not kill the it, it just forms another head
the real question is: would you ever buy a tesla with bitcoin?
if they intend to sell any in el salvador; then they accept it again already.
people need to not give a fuck about elon and tesla.
why do you care about that douchenugget
never was about energy.
i do not understand this sub's devotion for elon. why would you care if tesla accepts or does not accept bitcoin? he made the decision to accept btc without doing his homework...and you expect him to reverse that by actually using his brain to find out if 50% has been reached? leave this guy out of the equation. he has his own agendas and btc hodlers and the general populace are not part of it!
why don’t they just accept lightning network?
i do not give a shit about tesla.
idc what elon musk does
fuck tesla and musk
it’s a bad faith statement bro. elon fud on bitcoin to please the us government for his rocket and ev subsidies and ccp for their market.
i thought everyone that owns btc, boycott tesla already, so does anyone care if they start accepting it again?
who cares. fuq elon
cleanspark is literally the solution to this, smh why is it always ignored
lol he will start accepting it as soon as it will get good bullish trend and will find another reason to stop accepting once it will fall again. we need to stop looking at that.
they say he is a genius. i just do not think that is true. i think he is a lucky idiot. or maybe a savant. but i have yet to hear him say anything intelligent. compare what elon says to michael saylor, for example. one is obviously a genius. the other is named elon.
1. fuck elon and tesla that’s it
no. they will just move the target. this was never the real issue to begin with.
who cares what tesla does? let it go man.
i doubt tesla will ever accept bitcoin again. and it doesn’t matter
but elons batteries that strip mine the earth at an incredible energy cost… those are ok.
the good news, elon is rendering himself inert. there's only a small group left who give his opinion any weight. he's relegated himself to the basement by being about as full of his own shit as he can be. tesla will accept bitcoin, right now. does anyone think elon's gonna say no to selling cars? he does not give a rats ass how btc ins mined, he is too busy sucking the ccp off.
that was a lie on top of a lie. elon is playing games
let's be honest. elon does whatever is best for elon. his playbook is probably to spread fud, aquire more btc, announce tesla is accepting btc again and sell the spike. elon may be super smart and is doing some great things for humanity, but i am 100% over his market manipulation.
i dont think it was ever about energy consumption for elon.
does it actually use 56% renewables? seems like a generous estimation to me.
meh. who cares. elon and tesla are rendering themselves less and less relevant with each passing tweet.
it will depend completely on whether he trusts the source
i don’t want to use my bitcoin for a tesla anyways
why would i want to buy a tesla with bitcoin? this is a non event
“no” because crackdown on btc in the country that he has or needs to continue building cars in.
how are such metrics derived? seems hard
the production of tesla batteries creates a huge amount of carbon emissions, not to mention the amount of other pollutions created to extract the ore. then you still have to rely on fossil fuels to charge them. so all in all, fuck tesla.
fuck tesla and muak
this whole argument is so stupid. don't accept fiat until half of all banks are run on renewables. also do not accept fiat until half of all bank employees drive ev's and all of the ceo's give up private jets. dont accept fiat until more then half of all banking investments run on renewables as well. how much of a carbon footprint does a hedge fund have with thousands of powerful computers running all the time and buildings that they need to heat and cool to house middlemen we do not need?
why would anyone buy a car using bitcoin? accepting it was a publicity stunt. no longer accepting it was a publicity stunt.
i will not buy tesla with fiat and with bitcoin especially.
no one cares if they do or they don’t
it really does not matter what any one company does. it matters how millions of users want to use it. if enough folks insist on using it for purchasing, other folks will have no choice.
who fucking cares? tesla does not want bitcoin, they want to fuck around with bitcoin
not until the china exodus finishes, and the number is recalculated. next quarter at the earliest.
that whole statement was to move btc to renewable. then btc mining will be a consumer to tesla. however, this is the only way it should go... if btc wants to survive in the future, it must rely on renewable energy.
who has old coinme account, need help
better without tesla, elon will just do another rug pull. let's hope he just stays out of it.
this would upset musk’s paycheck from the ccp so probably not...
who the hell is letting there bitcoin go for a tesla tho i mean really?
elon will wait for his dojo supercomputer to tell him it is about to go up anyway then announce it. i'm convinced that is what he did at the dump.
doesn’t affect me since i’m never buying a tesla thanks to elon’s antics.
elon musk is full of shit. i will never buy a tesla, whether with bitcoin or otherwise.
couldn’t care less. can elon just back the fuck off forever
fudge a tesla from elon, i’ll take the lambo😂
did you pull that figure out of your ass?
there is any source about this? i’m really interested in this argument.
is it 50? no...then why would tesla accept it??
sources of the 56% renewable energy?
i do not really care either way. i'm not gonna be buying one.
they are linked in the thread above
they are buying it more right now so then when they accept it they will gain more profit
you know what, i dont want to be rude, but i dont give a f... about tesla ever accepting btc or not. they made shitty cars and i dont want tesla in my life. i only accepting lambos and ferraris
use amp 👛 to buy tesla
i hope not. elon needs a new thing to shit post about.
my farm is running on solar so i guess i did my part
can he use renewable to reach mars and stay there.
who cares about tesla.
i think the data only comes from 32% of the miners. so i do not believe the entire mining ecosystem has reached 50% renewables, only those mining farms that are part of the bitcoin mining council.
i’m torn love bitcoin but got in kinda heavy on tesla prespilt so i want to see them both do well. i don’t like the conflict
it’s nothing against you dude, but i don’t give two fucks what tesla thinks about bitcoin, and neither should you.
tell elon this space do not need him. his a tourist in crypto. the sooner he sell the better. ✌️
it was just because btc was dumping... when at bottom; tesla is like; pls pay with btc, thank you! 😂
honestly, i do not care. elon musk is a jackass and teslas are shitty, over engineered and over priced pieces of crap.
who gives a fuck about what tesla does? you're an elon simp who does not understand that bitcoin does not need him.
what is difference if tsla accepts btc or not lol. sell your btc then buy the car...unless you r trying to evade taxes... what if the company said the exchange rate is 10% below market? lmao...it is not tsla is making a price in btc and holding that price for an inventory turn and you can buy it cheaper as btc appreciates vs dollar
who even cares about the tesla connection after elon has proven to us all it’s just about price manipulation for him
how could anyone possibly figure out the type of energy used for 56% of this crypto when so many mine it at home? but hey, i would love for tesla to jump back in $$.
how would such a thing even be measured? it can’t…
who cares if they do? musk has already proven that the only thought he gives to btc is his own pump and dump, and social media trolling. i'd prefer they stay out of it altogether and let the whole thing get adopted by the rest of the world instead
and what does nio say?
imagine how much elon would cry like a baby if people stated telling him they wouldn’t drive a tesla until 50% of the electricity they put in their car comes from renewables. just driving a tesla alone doesn’t help the environment if your electricity is coming from coal or some other fossil fuel.
using an apreciating asset to buy an instantly depreciating asset is maximum moon boi smoothbrain
hope they don’t. fkn hate btc maxis. evangelical pc of shts.
bitcoin mining council surveyed only member mining companies for this report. relatively small sample size of the worlds collective miners. this isn’t a definitive source for percentage using renewables but it’s improvement if the whole green energy nonsense is your thing
if thats true he should invest in green plays like bitfarms
when its a good time to manipulate the market, i'm sure he will make the announcement.
that would depend on how soon btc goes from 56% to 50% renewable energy. also, the 50% renewable energy goal is a necessary—not sufficient—condition. it could be the case that btc gets to 50% but tesla still decides not to accept it for other reasons.
i dont think its easy to determine the percentage of renewables used for btc, since anyone from anywhere could join any pool to mine. in a way thats one of bitcoin's strength. also alot of chinese miners are moving to a more btc friendly place, this estimation will change soon when they are back online
wonder what percentage of renewable energy is consumed during the average tesla car battery charge? bet its less than 10%...
the more important question here is why would anyone use bitcoin to buy a tesla
i wouldn’t be surprise if they did
pretty sure they have to accept it
this is straight up copium. bitcoin would teardown businesses like paypal which elon musk is clearly against.
they're not getting my btc either way.
time to buy that delicious dip again
bitcoin does not need tesla
elon is a lying twat who only wants what is best for him and his billionaire buddies. he never had a problem with the power usage before buying and knew what it was before tesla bought btc in the first place. all he was doing is using his billionaire market karma to pump and dump the price. energy consumption has nothing to do with his motivations.
i think no. 56% is a good effort though. they should try harder for 49.9% or less.
tesla and elon musk need to practice what they preach. the mining for lithium is the equivalent of raping the earth with diesel powered earth movers . boycott tesla until the they themselves prove to be environmentally clean
empty promises from billionaires just trying to add to their immense wealth.
honestly, i wish tesla and elon would just sell their bitcoin and gtfo. would be better for all involved if he found a new hobby to feed his narcissism.
tesla has no future. it's surviving on energy credits and memes.
but he accepts fiat even though its not made with 50% renewable energy. and if its not made from 100% recycled paper we are cutting more trees down.
who gives a shit what tesla does?
that whole thing was just a warning to get out. a few days later china cracked down and the price went low. that had nothing to do with elon and tesla.
who gives a duck.
probably not seeing as how it can change in a single day to the other
who cares, fuck them
don’t give a shit if they do! sucks for them if they don’t! :)
considering teslas are super energy inefficient. also teslas they blow up and use a tremendous amount of water to out. i'd definitely sell teslas and buy bitcoin.
here goes the dumping of btc
x doubt if that mother fucker goes back on his shit again i’d be surprised
and then china unbans mining
felon is probably buying the dip. he will probably start pumping it a month before next earnings call and dump soon after that.
see if he can hold to his word
the bigger picture with the most recent tweet from elon about “how great china is” was all we needed to validate he has been compromised by our government. elon runs multiple companies that make zero profit, but makes billions in government contracts and subsidies. if you dont believe this current admin is strong arming and blackmailing this guy over how fast or slow he receives his money is negligent. since the nee administration has been in office, the world and americans are untrusting of the entire farce, the extreme taxation and overral thisregard for the value of money. “the worlds currency” has been corrupted and tainted, its value lower then ever with massive inflation ahead. more people the ever looked for and found a monetary alternative. but since a governments only source of revenue is taxation and not product they will forever do whatever they can to minimize its existence.
elon has not better to do and more free time... he’s little kid looking for attention. he should stay way from crypto…
tbh, tesla really doesn’t want dick to do with bitcoin. the company still doesn’t fully understand the impact of it.
dude is just a salesman and stock manipulateor
who cares about tesla and elon. stop making him relevant so he cannot have such a high impact on the market
who cares? and who stupid enough to use btc to buy a car? thanks to him i got more btc in the dips. i'm more bullish as ray dalio has now btc in his portfolio. and still people do not say much about that. so you know who ray dalio is?
perhaps we can build a generator that runs on burning tesla plaid cars.
he’s building a virtual mining rig…
it has always been when lambo and it has never been when tesla, gateways payment springs more adoption which birth debit cards, digital wallets, ibans, remittance
where is the source for this? how is this calculated? no hate i’d just love to have it to hand
likely just baited people into doing what he wanted now probably not going to keep his word. or atleast wait years until he gets more out of people because his bait is working. very few people keep there word anymore and realistically he should mind his own business if he doesn’t like the way bitcoin is mined don’t participate in the community.
i do not think musk actually cares about the energy usage and just pumped and dumped for some quick cash
f*** elon musk, his staff and his mf crew and if you wanna be down with tesla than f*** you too. good vibes 😎
please help send 1 btc 18pw4fkr6xqhjdz2kwslm7hqcwxwgqwtq4
who gives a !t what elon has to say or what the eff he says.i wish everyone would get his ¢o(k out their mouths and ignore this asshat! he's only taking money away from retail investors with his bs
you still think they care? they are trying to manipulate the market, their arguments were crap from day one
no. they do it for corporate promotion.
why didn’t they do this research before?
any attempt to slam the price and buy cheaper. why even make a statement if you have no use for it? to just do what i just said
screw him. he clearly enjoys his impact on the bitcoin market. in the end, none of his imput will matter.
i wont buy an electric car until lithium mining is environmentally safe.
who cares? this is pointless bull shut elon used to pump the stock
who cares. at this point they are just using it to keep their “name” relevant.
everyone is about to start taking bitcoin
you’ll be able to buy a tesla with one bitcoin by january 1
yuck tesla is for homoz
so how does everyone feel about george soros eyeing bitcoin?
telsa is a pc “woke” company that relies on & subsidies to stay afloat.
who cares? elon made a mistake and showed that he is influenced like everyone else.
say a company accepts bc for 1000 trucks and it goes down 10,000 in a year...could not this drastically affect some companies negatively?????
i mean after chinese miners turn back on in other countries to use dirty energy and it drops down again will tesla have to hault btc sales again?
jesus christ, can we stop talking about tesla and bitcoin? elon even said on snl "it is a scam" because he could pump and dump and say stupid shit without sec regulation. it's basically him tweeting about how he was gonna make tesla private a couple years ago. can we shut the hell up about what tesla thinks of bitcoin already
most probably he has to ask permission to the federals 👀
protip: they would not till it is lower and get them cheaper
nope. because it was always a complete bullshit excuse. they removed it because elon is a flip flopping little bitch and market manipulator. “until i have confirmation 50%+” from whom? verified from whom. says who? etc etc. and yes i know what the mining council said but you get my point.
the mouth breathers would reinvest if they do join again. kind of sad how much tesla gives crypto investors confidence rather than the hedge funds, banks, corporations, etc. who are all bullish on ₿ as an asset class to diversify their portfolios.
we good we do not need him accepting btc💯✌🏾🌯
how much energy does global banking industry use or global mining industries as opposed to bitcoin?
i had originally planned on using bitcoin to buy a tesla in the future for them accepting bitcoin. after the misinformation provided by elon, i will no longer be purchasing a tesla in my lifetime
it probably all depends on how much elon musk can manipulate the market, sadly.
musk is full of shit. he is making his decisions on bitcoin either on a whim or for very specific personal gain. he does not really care about the future of cryptos.
is fraud, he tweet to manipulate btc price... can he answered what kind of energy used for spacex rocket program and is it not harm environment?
who care they accept or not.
just let me hit up my man elon real quick
he will a few weeks before earnings report on tesla and needs btc to have company show profits. since unregulated he can legally do this. then after earnings, tweet to bash it and drop it and rebuy.
this is what we need
fucking manupulator!!! why they do not ban his twitter account??
f_#%! elon musk! he is a fraud.
tesla will start as soon as elon has loaded his bags up again
does tesla accept beef jerky ? ... i happen to make the worlds tastiest beef jerky...
elon tweet storm in the thistance
not a single fuck was given that day. fuck elon and his shitty cars. using power to keep the most fool proof financial ledger in the history of the universe is bad, but using electricity to run mediocre and poorly built toys is a good idea? crawl back into your dads emerald mine elon. no one likes you here. get back in wsb or smthn lol
can we stop talking about tesla
ha ha, this is to check if mask is big mouth, i hope he will not become a big mouth!
not until he is in receipt of his biden green credits he has applied for.i don’t mean the biden general help for electric vehicles which is different.
so all these haters still need elon after all😏
don't know, do not care.
if btc were legal tender elon would be legally wrong to influence the market
buy an electric ford f-150 and fuck elon.
i do not believe the entire mining ecosystem has reached 50% renewables, only those mining farms that are part of the bitcoin mining council
can anyone explain how 67% of 32% equals 56%?
this thread was mentioned in an article on bitcoin.com news: > [**bitcoin mining report claims miner energy consumption mix 56% sustainable in q2 – mining bitcoin news**]( > >the recently formed bitcoin mining council published a report that claims 56% of the hashrate uses sustainable energy resources. ^(i am a bot, bleep bloop. more info )^[here](
they won’t . because it was all a bullshit excuse by elon because he had his leash tugged. and even if they did...it’s irrelevant to the development of the protocol.
noone cares for these spontanous-combustion cars would never waste btc on such a piece of trash
elon should provide a certificate for each bitcoin sold certifying that it was made from 56% post consumer recycled energy 😅🤣😅🤣
no one cares duh
honestly, is elon musk a spokes person for bitcoin? no hes fucking not. so people should shut the fuck up before they get slapped with some heavy fucking fines for market manipulation. this pathetic strong arm tactic is weak. it show does just how fragile company's really are. just chill the fuck out for fuck sakes. i mean i look around an see all these jack asses with there thumbs up there ass's trying to figure out new ways to fuck everyone over, so there companies dont implode an people find out most of them are a fucking sham. ha un fucking real
musk is probably trading crypto on his own tweets. first he buys crypto and then says tesla will start accepting it. it jumps 15% on his tweet and then he sells. there is nothing illegal about it. it can’t even be called insider trading because crypto isn’t regulated.
three words, fuck elon musk.
i don’t give two fucks about elon or tesla.
nobody buys teslas with bitcoin.
i'm sure elon and his fed buddies will find some other excuse to not accept it when btc reaches 50%.
we do not need tesla, tesla needs us. in fact fuck tesla.
fxxx tesla and fxxx elon musk no one needs tesla to buy btc. there are millions of other businesses that will do it musk has transgressed one time too many. i do not trust him any more or care what he has to say.
fuck elon amd what he thinks about crypto.
there you are elon. are you a man of your word or full of shit. i'm betting on the latter.
i dumped all my tesla stock for bitcoin
to hell with tesla and elon. btc is bigger than that mofo
to quote a brilliant individual, “fuck elon”.
bitty (and elon) would be better off if he would just shut the fuck up.
who gives a fuck. fuck musk tho.
musk will not accept btc, which would anger cccp who is his real boss in china.
i honestly could not care less if tesla does or does not accept btc. the real question is, has tesla ensured that 50% of their customers are using only renewable energy to charge their cars?
it would be nice if elon and his shit cars stayed the fuck clear of bitcoin. i would never trade bitcoin for a depreciating asset like a car anyway.
why would you even want a telsa car? they are the complete opposite of what bitcoin tries to achieve. they are literally a dystopian nightmare come true. a car completely under the control of a company that can just shutdown features or probably the whole car and track you wherever you go.
tesla will only use btc again if they can pump and dump like they did. they made . it has nothing to do with energy consumption.
fuk tesla why shoudl i care
who cares about tesla? their impact on crypto has been made. whether you want to think it was a net positive or not. it’s time for another company like goldman sachs, facebook, or google…
bitcoin does not need tesla and elon, tesla and elon need bitcoin
if i've got my facts straight, because el salvador made bitcoin legal tender, the tesla branch in el salvador has to accept bitcoin if someone offers to pay with it.
what i understood was that the amount of energy coming from renewable sources increased by 56%. not the same as in the title
who gives a shit if btc is using 56% renewables if that is just thisplacing renewable use elsewhere? we need the whole grid to be using renewables.
how about those cobalt mines for ecar batteries? how sustainable is that?
elon simp army are the worst
elon's real job title is the general secretary of chinese communist party in tesla.
lmao he uses unclean energy source and harms the environment by mining for a rare and scarce earth element that’s used in his batteries. and he uses slaves and child labor. how hypocritical
i dont accept tesla anymore🤣
people need to stop caring about him
if you cannot see what elon is really doing, you're not paying close enough attention. it's nothing to do with money, energy, btc etc. it's about one simple thing; sticking a big middle finger up to the sec. it's no secret the sec and elon hate one another. this way he can manipulate the market as much as he wants but he is untouchable because crypto is unregulated. there's a reason why he does not do the same with other markets.
elon's a fuckin clown. just like his boyfriend grimes.
he only stopped accepting bitcoin to pump his shitty coin 🐶. his tweets have way too much power.
well the price is low enough, they would be dumb not to
elon reminds me of the kid at the dinner table that accidentally said something funny and everyone laughed, so the kid, encouraged and of the belief he’s a star comedian, starts riffing joke after joke while everyone looks at each other and rolls their eyes.
> no wait we have not finalized our products yet! tesla, probably
not until elon’s masters at the ccp tell him it is ok.
elon is a cunt - that is all
wait, did “tesla say that”, or did elon musk just tweet that on a trumpian whim? there is a difference.
fuck tesla n elon! btc does not need them, we're taking over nations now!
in reality, nobody knows. nobody can thispute made up numbers lol
tesla reported that almost nobody paid in btc while it was available. would not make a big difference when they start accepting btc again i guess.
only when it is time to pump. then after a while, dump. duh. you have not figured elon out yet?
i do not care about tesla, fuck it
who cares, tesla is just a car company... there are so many investments that come from hedge funds, countries, billionaire investors, and why elon, i do not get it...
i wonder as well. but, more importantly, who in their right mind would buy a tesla with bitcoin? that’s what fiat is for...
their cars are awesome, i have two of them. i hate what elon did with btc but the reality is that tesla’s are the best cars on the road. no maintenance outside of putting air in the tires and water in the windshield washer bottle, and i just took mine with white seats on a 11k mile road trip on autopilot with zero issues.
who fucking cares? i don’t. i’ll pay for my tesla in shitty fiat. best trade ever besides buying bitcoin with fiat.
that’d cool they have the best cars
i fad up of mask...
the biggie for me is, tsla needs to climb back to the price i paid for it, then i can get out and never buy tsla again >!it was my first ever dabble into stocks so pls do not hate!<
so many salty tesla haters just take a step back and chill out
who's elon? what's tesla? i like btc...
soon or later they will
rejecting btc was a wrong move. i thought elon was dying to see more of his cars on the road after the news of that tesla car crash fire.
elon utilised bitcoin so he could meet his quarterly results - he doesn’t give a damn about crypto. do you think a company as large as tesla didn’t have a risk officer tell elon about bitcoin energy consumption prior to purchase? it was all market manipulation, if he didn’t pump and dump bitcoin he would’ve fallen seriously short in quarterly results.
tesla can kiss my ass. for a company that mainly sells their carbon credits for profit it is pretty hypocritical do not you think? who do you think is buying up these credits to reduce their environmental responsibilities? my guess would be oil and other non green energy providers. it basically allows these companies to save on epa fees while doing very little to reduce their emissions. tesla is making money off of a loophole that only hurts the environment that they claim they are so concerned about.
who tf is buying a depreciating appliance (a car) with an appreciating asset the likes of btc? i legit do not understand. although, i'm not the type of person who thinks , nor one that could afford it. so i guess if you have a lot of money it does not matter 🤷🏼‍♂️
we have no idea how much of its energy is renewable. that data comes from the "bitcoin mining council", literally formed as a propaganda organization, and you're treating them as a scientific unbiased research entity. ffs. get actual neutral data first then get back to us about how much energy is renewable.
no bitcoin doesn’t use 56% renewal energy stop spreading the fraud bitcoin council. you will regret sooner or later for listening to central entities include saylor.
is our btc community so desperate that we need tesla to accept btc to feel validated? i believe not. if they want to accept btc, then great. if not, too bad for them. bitcoin is not going to die bcuz tesla is not accepting btc as payment method.
fuck elon. bring old school bullying back so nerds like him won’t reach hybris and step out of line.
i would not spend any precious bitcoin on a tesla or any car anyways.
don’t buy a tesla.
fuck tesla who cares, please realise elon needs btc, btc doesnt
i wonder if bitcoin community will accept tesla again.
who cares we am not buying em
elon is just a government shill. he slurps xi jinpings banana 🍌 and bends over for everyone in the chinese ccp.
musk has too much honey around his mouth to keep that promise.
yep please let us just get back to the bull run so we can all enjoy all the investments made during the recent dips. bullrun till december, take profits, then proper bear market till 2026, and lambo in sept. 2027. have a nice day !
stop talking about this shitty company rand the dude that owns it, plz…
i thought cathie wood’s estimation was closer to 75%?
they also require a positive outlook.
who still wants a tesla?
bitcoin is not a currency, it is an asset.
i hope musk is horribly thisfigured in a lithium battery fire 🔥🤷🏻‍♂️ sorry, not sorry
56% is a figure from where? a uk university looked into this only 24 mths ago and came up with 30% renewable or green and 70% fossil. since then iran has upped its mining operations. also there may be more mining done with renewable energy than there was even 12 months ago. however fossil backed mining is also up and likely to continue. we now have venezuela, iran, nigeria, china and russia all with growing mining operations. no coincidence that they are fossil producing nations with cheap energy. the figure of 50% is dangerous. it needs to be much lower. my biggest worry is iran, and its need to sell oil. if it can sell oil to its energy companies and turn the energy into bitcoin. then it beats any sanctions and makes sanctions pointless. add to this a devalued currency and it makes sense iranians are mining. (venezuelans even more so.) in the uk there have been several illegal mining operations shut down. non were paying for electricity. that means everyone else is paying extra for the stolen electricity to be produced, and more chance of co2 being produced. so bitcoin makes us all poorer, increases fossil fuel use, supports regimes, incentives energy use, facilitates money laundering. why would tesla want to get involved? energy cost saving is one of the advantages a tesla has. bitcoins energy usage is a competitor for energy that tesla does not need. it's not one anyone needs. my prediction is tesla never take a payment via bitcoin. i dont think i will ever buy a tesla as i like the taycan so much. but if tesla accepted bitcoin i would definitely not purchase.
they'll take btc right now. they'll trade sheep for a car if elon thinks it will be profitable, do not kid yourself
not planning on buying a tesla in this lifetime, and wouldn't pay with btc. care factor, zero.
exactly lol. bastard. i’m not accepting it till i’m also the provider of it. fuckin jerk. let me create the money they use to buy my stuff!!
that or he’s trying to sell tesla’s carbon credit to bitcoin miners 🤣
oh wow, is he really building a mining farm?
as an austin resident, i can confidently say that my new neighbor is "all hat and no cattle."
when they first announced they would start accepting btc, there was a big jump in price and it added to the momentum of the most recent bull run
el salvador population and the , that’s , it’s a start
what is your conclusion that there is a good chance it will succeed based on? the bitcoin beach idea they ran fell flat because noone used it, and more than half the population has no internet access, which makes it unlikely they will be enrolling any time soon. personally i think that the el salvador situation is incredibly dangerous for crypto, because it is a corrupt country run by a dictator enforcing a policy that does not really benefit the majority of the population. it's incredibly likely that when their economy inevitably fails the headlines will all say "adopted btc, economy failed" with no other context.
i heard there were volcanoes in el salvador chomping at the bit(coin).
this is a good [thread]( on the results. it points out some of the limitations. 30% sample size, some extrapolation about the remainder based on current grid mix, hashrate drop. but also in line with the previous cambridge study and the next one will add validation if it shows a similar trend. another summary [thread]( and the [presentation]( itself. imo, no other industry would pass the energy inquisition bitcoin gets. it's far greener, more transparent, and improving faster than any other and still gets thisproportionate criticism from all sides.
i would also guess that this is rapidly changing for the better with the migration of miners from china.
saylor's "miners council" sampled 1% of hashrate and found 56% of their sample sourced energy categorised as renewable.
i’m with you i’m needing to see the source of this. i’m not finding this number anywhere. from my understanding there are still many illegal operations in both china and iran that are using massive amounts of non renewables still. iran’s biggest headway was one single 3000 gpu facility shut down. there’s still plenty of precious resources being used.
for now, i would rather sell my tesla for bitcoin
sure, why not. on the day i’m paid in bitcoin, buy groceries in bitcoin, pay taxes in bitcoin it only makes sense to buy a car in bitcoin
id never buy a tesla.
yes although maybe not tesla as its too expensive, if you make purchases with crypto in australia it is tax free if its under 10k.
i mined my btc when they were around . i was hopeful that i could avoid some taxes if i could buy a tesla with the mined btc. while, i'm here... anyone know if my assumptions have any merit?
i'd live yo buy a cybertruck with bitcoin. yes
would you ever buy a tesla? or btc? if you only had a choice between buying these two? it's obviously
why buy a depreciating asset with an appreciating asset?
would you buy a bitcoin with tesla?
there actually is one tesla dealership in el salvador.
how many cars do you think tesla expects to ever sell in el salvador?
they probably do not intend to sell in small central american countries very soon.
actually true, i had not thought of it before like this, does this mean every business that has a physical store in el salvador must hold bitcoin? that's huge edit: while i understand they do not have to hold the bitcoin and can instantly convert it into fiat, however they would most likely have to pay taxes in bitcoin. so any business that wants to operate in any capacity in el salvador must hold at least some bitcoin in order to pay taxes
his investment opportunities are endless when he has so many people that will let him live rent free in their heads.
but they do. so this is important.
he will change the way we will live
we do not need elon musk to accept or pump bitcoin, he will probably try to manipulate it again
short all paypal, tesla and spacex shares.
fucking this! who gave power to musk to make decisions about bitcoin?! it's a decentralized, hardest money ever created and if some eccentric billionaire do not like it, so be it! btc thrived without billionaire support for years, they are welcome to get in but they are not necessary.
what about his flame throwers?
precisely. fuck elon. tesla cars suck. plasticky pieces of shit at luxury car prices.
why would anyone boycott tesla. they are a pro btc company that holds 1b in btc
yup he is about to start sending tourists to space for money, i am sure that is eco friendly and green right...right?
debunking elon musk part 1: debunking elon musk part 2:
its been a month lmao
i mean he is employing lots of young african children. carrying the legacy of the family exploiting african people in mines.
>let's be honest. elon does whatever is best for elon. we have found the man with the highest iq on this sub boys. you finally figured it out.
the man has more than 100 billion, i don’t think he’s interested in a pump and dump.
yeah me too, im only stopping when only elon is in jail
he doesn’t care about it, he will accept it if he needs a btc pump before earnings
yes it does. check slides [bitcoin mining energy consumption ](
will probably be higher buy then, it already 67.67% amongst global miners. the 56% is only what has been reported amongst the btc miner council members.
it is 56% amongst bitcoin mining council members, amongst global miners it is 67.67%
it makes no difference to me, but it is an important milestone for the adoption of btc, when large popular organisations act as trailblazer in this space others quickly follow. you can hat elon all you want, but the do not miss the point, they are extreamly influencial.
who mines at home? i doubt that, in order to even begin to compete you would need a fleet or join a mining pool.
sure it can... they survey all bmc members and ask them the following questions. how much electricity does your total fleet consume today? what is the total % of sustainable electricity* within your fleet power generation today? what is the total agragate hashrate of your fleet today? these survey questions are pretty standard eia questions which govern the "net 0 by 2050" initiative. i work within the sustainability travel sector and we ask commuters very similar questions" "how did you commute to work today" the today question is very specicif to these guidelines and helping to develop a snapshot, naturally they are surveyed regularly.
they have global figures too, not sure how these were sourced, but the global figures were reported as 67.67% sustainable energy mix. they were presented in the same slide deck saylor showcased from the eia energy information accociation who are the governing body of the net zero by 2050 initiative
it's 56% that is 6% over 50% and that is just amongst the bcm members the global percentage is 67.67%
wait what? 56% is higher than 49.9% why should they try harder to be less sustainable.
well 56% is greater than 50% so it is supassed the figure elon said 🙄
it does not, who said it does?
nah homie i did; bought my tsla with btc a few months ago nearish the top… pretty fucking rad if you ask me.
and nobody buys bitcoin with teslas
his fed buddies,”federal reserve” are releasing a paper this summer on their crypto currency research. the federal government is going to make their own coin. so far, they are calling it “fednow”. they insist that there is a need for more stable coin payment systems. um, bitcoin might be slow on transfers but there is plenty of coin that can move millions of coins in minutes and is stable and safe. the real reason federal reserve wants in on this? them and all their banker buddies are old and did not believe in the cryptocurrency ecosystem. well it exploded and they refused to believe it would last and told everyone that it was just a scam. here we are in 2021 and the federal reserve knows that the us dollar is weak and americans don’t have much faith in it. “federal reserve quote to media” then you get the crypto currency boom and it’s something more americans believe in. people that work there butts off to save to just invest a little, are not going anywhere with their small yielding savings account. they feel that having a portion of their savings invested in a crypto coin or multiple, is giving back a bigger return and more if they hold out. the feds want in because right now, they are so far behind the ball on everything crypto. i worry about what a “fednow” coin might do to the current crypto currency ecosystem.
we? lol this stuff is corny, knock it off.
i'm a bit dubious of the mining councils claims. out of nowhere they come up with over 50%
that being said, the more acceptance of bitcoin as a payment method, the better :)
tesla has announced they will only sell their cars to people who charge them with at least 50% renewable energy. they are also bundling solar power installs with their cars for a mere 200% upgrade charge.
this is basically all self-driving cars that will ever be allowed to go on the road. the future of transportation is bleak
> a car completely under the control of a company that can just shutdown features or probably the whole car and track you wherever you go. sir, do you own a cell phone
did they dump their btc?
tesla can not pump btc. this is dumb.
>goldman sachs, facebook, or google… no please lol
imagine typing this out unironically
this. elon hated the folks that were using big shorts to try to manipulate his stock price. then he got slapped (for tweets) by the same sec that would not do shit about the market manipulation. now he is fucking with everyone out of spite. (imo)
a unit of measure for magnetic flux.
'reported that' vs actual reality, is incorrect. they were having ... and when selling bitcoin reportedly made a 'small negligible profit in q1' - it was actually 25% of profit. more than the entire solar division. more than model x & s sales combined... like... twenty five percent of the entire fucking company. you have to interpret marketing vs actual events and reality. i would **never** start a company, and imply that i gained profit merely from speculative trading, instead i would conflate the data and make it look like my ceo prowess is what gave me (you) the profits. how could i defend my pay, without over complicating business and merely 'michael saylor'ing my money? so yes, tesla car sales were around , maybe or 4% of sales. certainly not critical, but not purely insignificant either. sufficient to justify the team, where the r&d had already been expended, anyway... unless it cost china, and biden fury. then certainly not. but you can look all this up... it is complex, but they added ~... so , and they made like , so... you can do all the math, but it was round 25% of total profit for the entire , from a . exceedingly sound, and i wish the world could be more honest about this, but i do not think fiat marketers like this much, but seriously, what do you expect.
while true, they still got paid over , so not nothing.
i strongly suspect this whole thing had to do a china banning bitcoin mining and they put pressure on tesla.
one could say the same about btc. you need to look at the long term hold. i still think tesla has a bright future and is a great long term hold.
nobody gives a fuck about tesla, fuck elon
he himself was personally talking about the energy use back in feb... he was posting on his twitter that he thinks bitcoin is amazing but he just wished it wasnt as resource intensive, and he made some posts about how his adoption will force it to go renewable and how he was thinking of making green mines fast forward 3 months and he forgets that hes already admitted to the world that he knew about all these things
actually the data was compiled by the eia energy information association who is the governing body currently overseeing the "net 0 by 2050".
well you just said it, hers is an estimation. the figures put forward by the btc mining council were compiled by the eia who are the official governing body progressing the "net 0 by 2050" initiative in the usa.
from what i've seen fat boomers.
201,000 people last quarter.
yes legally, and your point is? there are loads of businesses that accept btc as payment, infact you are not bound by law to only accept legal currency as payment in your business, if i wanted to accept avocado as payment then that is perfectly legal.
imagine if our gas cars ever caught on fire lol, that would be so strange cause like, thats never happened before.
isn't it the case already?
that’s tesla way, they said that an ok electric car wasn’t possible, that the electricity used on them isn’t clean, that solar doesn’t work at night, that the production would be slow, that there is no way to create enough batteries. they are working trying to solve all those issues, and more. it’s just that crypto market is not as slow as the car industry. they can’t point to an issue and come with a solution 1-2 years later. it would be more valuable if tesla becomes part of the solution to some of the issues, but they would try to do the entire thing from energy generation to maybe a crypto wallet.
we’re all better off no matter who is pushing the charge toward a bitcoin standard.
what are carbon credits and how do they work?
sounds like someone got rekt... stop blaming elon for your bad decisions.
youre the slave though so why call people dumbfucks? you pathetic poor slave?
that’s the rumor on the street
yes but it’s all the future countries that follow suit
just a couple things to your points, because i was kind of thinking the same thing. 1. the government provides free data access to the official bitcoin government wallet app, through any cell tower. granted only that app will work, but it is free as long as they are in range of some cell tower. so as long as you're in range of *some* cell tower, you have free access to a bitcoin wallet. 2. if you listen to the pomp interview with the el salvadorian president, he clearly put a lot of thought into crafting the policy. everyone is required to accept btc, however, if they do not want to hold it, the government will immediately take it from them and give them the equivalent usd value instead. this is done from a trust fund they established to provide liquidity between the usd and btc for people who do. this way both buyer and seller are free to spend or receive whichever one they want.
that's in the realm of possibility. awareness is key, then we strategize and implement accordingly.
it’s possible that it will end up similar to the tesla accepting bitcoin did, where it the news that they aren’t accepting it suddenly triggers a sell off. it’s not guaranteed, but i think there are a lot of really smart people involved that want it to succeed, and it looks, from my perspective, that this is something they’re sincerely attempting to make work for the betterment of the country. in general i think that any country creating separation from the usd and the imf stands to do well because they’re so far away from the creation of that money, they’ll almost always be at the losing end of it. establishing bitcoin as lt and then mining it gives them independence. i think it’s a good chance it works.
he’s not a dictator though...
volcano mining! you cannot beat that
> no other industry would pass the energy inquisition bitcoin gets that's just because the inquisitors put zero value on bitcoin, so any energy usage above zero is a waste to them.
i'm sort of a newbie to all this. my question is: why do people say bitcoin is bad because of the amount of fossil fuels it uses? surely is not that more of a statement on how bad our energy production is in the first place? does bitcoin somehow use more oil or coal than anything else plugged in to the grid?
even in that thread though it is pointed out that sustainable include non-renewable energy with carbon credits applied. it's also based entirely on miners self-reporting by answering a survey so it is immediately flawed because there is an incredibly high likelihood of false answers being given to pump up the figures.
this pressure is fine with me. imagine solving our monetary and climate future at the same time.
china is so small market that they banning bitcoin’s success . i hope miners get asylum somewhere. but hope they do not move to same place , otherwise same 65% mining at one place issue.
it’s like everyone is commenting with a rng figure about renewable % what’s next ? 69% noice!
could you cite your 1% claim?
i thought they got number from about 30% of the hash rate?
they did not find out, they made a survey among miners.
this is obviously a shitty method … what is the methodology to infer that the 1% sample is representative of the totality of the miners worldwide? it’s like doing a poll at the exit of a single party reunion … cherry picking at its best.
imo cybertruck is the ugliest piece of machinery i have ever seen. but it is probably a good car otherwise.
because i’m not gonna live forever and i don’t want to spend 70 years doing nothing but staring at my wallet and trying to get a high score on my bitcoin balance there’s nothing wrong with buying things you want
some people need cars. you cannot drive a bitcoin.
i swapped my tesla for bitcoin
naw bro i'm pretty sure el salvador makes up 50% of tesla sales
"holding" bitcoin is not the same thing as accepting bitcoin as a payment option.
how can they focus you do buy a stock if you currently should have an interests in some sort of market?
lmao people in this thread actually acting like el salvador is an important market that companies give two shits about, my sides.
the fact that some people expect dome news about musk. tesla wants to accept it, cool. they do not, cool. it's their business literally, they can do whatever they want. bitcoin will build resistance to musk's manipulation but we have to also not gaf when it might be positive for the price.
nah... he's a big scam. he's like that thing you buy expecting to be the next gen thing... but then you realize it is some over-hyped piece of plastic.
i mean, a little yeah. having cleaner air from electric cars and global internet will be nice but not a huge change of way of life.
sounds like the thisciplined hodler was not thisciplined this time around. don't blame elon for your mistakes and losses. teslas are fucking amazing cars. it's time to stop.
i dunno mam it is hard to say a 4 door sedan that can do 0-60 under 2 seconds. sticks to the ground better then a ferrari. and is safer then any car ever made...sucks
i had many cars and still have many cars including a few supercars, and what i daily drive is teslas. i had decades with premium brands like mercedes amgs, bmw ms, audi rss and lexus. i can tell you that tesla is a threat because it is different. it is not luxurious but the drive experience is like the future. if you are going to hate a car company because of elon, it would be for the wrong reason. same thing for space x they are undeniably the new benchmark for space launches.
i just drove one last weekend and it was pretty fucking amazing lol. the regenerative braking (begins braking when letting off the accelerator, so you essentially don’t need your brake pedal unless an emergency stop) and the instant torque and acceleration at any speed is impressive as hell. oh and the self driving…
arent all cars plastic shit these days? just to be fair… the cost of fixing or replacing anything on a tesla though…...
their cars do not actually suck. they're actually pretty awesome and a good long term value. but elon is definitely trying to manipulate the market and he has a long history of mouthing off on topics he does not understand. so, yeah, fuck you, elon.
i don’t like elon, at all. but tesla cars most definitely don’t suck. i’ve been a bmw guy my whole life and just leased a model y long range. it’s the most fun, most comfortable, and fastest car i’ve ever had. it feels like the future. i don’t know if i’ll ever go back.
lol elon might suck but don’t say tesla’s suck. they’re paving the way for all other ev companies, much more advanced than any other vehicle on the road, the highest safety rating vehicle ever made and probably the only company actively trying to promote reducing vehicle emissions. their patent is free for anybody to obtain and build upon name any other company that would do this.
haha no they are not lol
because people hate elon musk and some people think they make shitty cars
it’s not personal wealth that we’re talking about. it’s tesla’s treasury. he has a lot of motivation to boost tesla’s working capital. i’m not saying that he’ll definitely pump and dump, but you’re looking at it through the wrong lens.
have their earnings shown how he was moving in and out of his bitcoin between tweets? the thing i don’t get is that tesla has a large amount of bitcoin doesn’t it? so don’t understand why musk is sending out negative bitcoin tweets or did they sell it all?
i wasn’t really asking about tesla tbh.
hey, that is awesome if it that is legit sweet! do we know how we got this number? who gathers the information to make sure it is accurate? i do not know too much about the groups of this mining council and what makes it up to its members etc, there is not an easy concise way to know just on the website if you're not familiar with everything on there, at least to my eyes. hope they carry on with it either way.
this is not an airport. no need to announce your departure.
chill out it’s not that deep
you were doing alright until the point you brought the false dichotomy. yes, that money could be used to help developing countries, the same way the exhorbitant wealth of the 1% could be used to help them, or any frivolous spending you make instead of donating it.
so you think that it is the lack of electricity the cause of underdevelopment? lol
til that a purchase agreement for excess energy capacity at an agreed price = "stealing energy"
in your mind it is a milestone...it is a barter. the milestone is when they list a car in btc and hold it for an inventory turn. other than that it is nonsense
so we produce a form of currency, not centralized, can’t be tracked, all that jazz… then go around asking people to fill out location specific information about such a thing?
woops! you’re right, i read that backwards. i still think it depends on multiple factors though. the 50% renewable condition was merely a baseline for consideration for tesla.
oh i see. they should go for 60% my bad lol!
every report i have seen about the 56% sustainable energy, seems to report a survey conducted on miners representing 32% of hash-rate, resulted in them using 67% sustainable energy. i cant get where the 56% comes from, if you can point to a reliable source, it would be great to see.
there is no technical reason they should be connected to anything. i think the current trend of connecting every shit to the internet will at some point backfire so hard that such systems will have to be offline by law.
i'm painfully aware of the issues with cell phones. i currently have one flashed with google-free lineage os, but waiting patiently to get my librem 5 if it ever gets assembled.
it'll be on their financials when they file again if they did.
highly doubt, they would've acquired more in the dip if my guess is right. we'll find out by this month in the earnings release anyways.
but elon can and does. stay woke!
i agree completely. if anyone tries to tell me elon does it for the money, i'll tell them to eat a bag of shit. he is in it to stick it to the people that tried to stick it to him. he's playing chess while everyone else is playing chequers.
ikr? so damn true
yeah, of course. call elon a hypocrite. elon ignores them. bootlickers follow elon. everybody forgets until the next pump when elon pimps bitcoin again, and all the bootlickers follow suit.
alright i was assuming it was the same source as other threads posted in the last day or so. that one does sound more legit, do you have a link?
yo how bout that link tho.
it muddies the tax liability. it cannot be claimed on wall street earnings, etc.
yh, that is not the point. the point is he is a lying capitalist who is not your friend. his actions and lies have hurt crypto in already.
uuuh... my decisions? tell me more about that
they are not really entirely away from the creation of money though, since usdt is created to pump the price of btc. they're moving to an even more volatile and honestly, i do not think their economy is strong enough nor to i think their government is honest or responsible enough. bukele already misspent millions then when it was investigated he had the government expenses site shut down and reopened with a bunch of data wiped. i think he will use this to extract usd from the country and weaken the economy even more.
he is. he's come into power as a populist and immediately seized all pillars of the democracy so nobody can block any moves he makes. a democracy ceases to exist the moment it has no independent judiciary.
he is well on the way. marching soldiers into congress to pressure lawmakers into passing his bill, firing supreme court judges and replacing them with his buddies...
they are mining bitcoin in the volcano lol. neat blend of natural and digital
hah yes! it's so cool! i imagine the demand for used volcanoes will sky rocket! my stoner friend has a few in his garage 😂
exactly. even when bitcoin is 100% green they will critique the energy consumption nonetheless. luckily it does not matter what the fuck they say.
that’s just because the inquisitors are the exact people that bitcoin is fighting against
if the inquisitors applied the same standards to themselves they would have to ban 99% of their own useless first world consumption. the lack of self awareness is astounding in these energy karens.
> surely is not that more of a statement on how bad our energy production is in the first place? yes, that is it. want bitcoin to use less carbon? put a price on carbon. bitcoin will be unaffected.
bitcoins entire design is around using incredible amounts of energy to perform the proof of work. its an arms race between miners as to who can run the most calculations to try and write each block. bitcoin uses about 0.5% of the entire worlds energy consumption, which is quite a lot.
your statement about china's mining market is contradictory. the fact that difficulty plunged over 20% with the closure.
yes, 30%. i do not know where he is getting this bullshit 1% number. this is a good [thread]( on the results. it points out some of the limitations. 30% sample size, some extrapolation about the remainder based on current grid mix, hashrate drop. but also in line with the previous cambridge study and the next one will add validation if it shows a similar trend. another summary [thread]( and the [presentation]( itself. bitcoin is a decentralized network and the mining council has no control over miners so we will probably never get a 100% sample size because that would probably require coercion. and that is a good thing, imo.
you can look up a older studie from cambridge university about it. its pretty good
it's not 1%, it is 30%.
sampling 1% can be an extremely effective method if the sample is random.
they did not seem to have any problem inferring that bitcoin mining used non renewable energy though, lol.
> this is obviously a shitty method … sounds like you're volunteering to undertake a superior method. report on results.
what? this makes no sense. >this is obviously a shitty method … so you know the method? >what is the methodology ok no apparently not. what makes it obviously shitty then? >it’s like doing a poll at the exit of a single party reunion … how is it like that if you do not know their method? the biggest most elaborate polls in u.s. poliyics do not come near a 1% sample size. if they pulled their sample truly randomly then it is probably actually pretty good. (i do not know their methods either but nothing of what was said is "obviously" shitty.)
if it is random, as they claim, 1% is way more than a enough of a sample size. the central limit theorem says a sample size > 30 is enough to mimic a normal thistribution, which theoretically will be representative of the whole. obviously the larger and larger you sample, the more and more dialed in to the actual number you will get. but there are estimates of 1 million miners. so 1% would be 10,000, which is way more than enough of a sample size to estimate. the real issue is was there any bias when selecting the miners. did they only sample from countries with a high emphasis on renewables? or was it truly random? if it is truly random the sample size of 1% is way way more than enough to pretty accurately estimate the entire population.
sampling even 10% of the hash-rate would have considerable statistical weight. 1%? just no.
perhaps it depends on what price you bought the bitcoin and how much it is worth when you spend? most people would be better off saving the bitcoin for at least 5-10 years and financing the tesla another way.
this is true ☝🏻
yes, but they would need to pay taxes in el salvador, so if they want to do business there, it makes sense to have some on the balance sheet already, so they do not have to convert back later.
yeah, i just see a lot of people that do not even know how fucked el salvador is, yet they are taking it as a holy grail for some reason. it is outstanding that they took the first step to integrating bitcoin into their economy, but reality is that el salvador is still a third world country that is high in crime, drugs and we'll a really bad economy overall.
there are more teslas in a tiny wealthy enclave like sarasota than there are in all of el salvador and it is gonna be that way for a very long time. clueless people.
el salvador in and of itself is not a huge deal, however if a business wants to operate in el salvador in any capacity, they would need to hold bitcoin in order to pay taxes there. and even though the market is not huge, businesses like apple, amazon, and google all operate there, meaning they too would have to pay taxes in el salvador in btc. plus, if things do not go catastrophically wrong, other central and south american countries could soon follow suit, increasing the amount of bitcoin use.
in the short term once bitcoin is reaccepted by tesla it will create a bullish sentiment as that is what started this entire bearish sentiment in the first place. it’s that simple.
true. imagine e-cars without tesla. vw and ford would still build old cars without innovation.
so his falcon 9, super heavy and star ship are piece of shit?
you dont really get how much it pollutes the air to make a battery for a car, its the same ammount as driving a gasoline car for 10 years... but at once.(may have gotten better?) so once you had your car for more then 10years and the battery is still okay, then it will be positive for the air... but batteries have a tendancy to not work that long. its really not that great... but both gasoline and lithium is hard caped and we are getting better battery technology
his boring company will provide infrastructure for hyperloops and spacex will colonize the space
for an out-of-warranty model x, maybe. but they have so many fewer moving parts. no transmission. no serpentine belts. the entire "motor" is a sealed container the size of a watermelon. they have 17 moving parts in their drivetrain as opposed to 200+ on a traditional ice vehicle. because of regen, the brake pads last longer. there are no oil changes. in fact, there is no regular maintenance required. it alerts you as needed. and that is very infrequent. the only real negative is that it goes through tires faster, due to weight and torque.
…is free with their warranty?
a very true comment.
> their cars don’t actually suck. they’re actually pretty awesome and a good long term value. this is true. the rest you wrote is pure speculation.
>the highest safety rating vehicle ever made... according to who? tesla? >the only company actively trying to promote reducing vehicle emissions... haha. what? literally every car company is pushing to reduce vehicle emissions. what year are you living in? toyota came out with the prius in 1997.
💎💯 people need to think more like that
while i agree i have no clue what motivates elon, let’s put his net worth into numbers that are a little more comprehendible. say he has exactly 100 billion and he lives for another 50 years. he could spend 5.5 million every day for the rest of his life.
tesla has a 650b market cap. your perspective makes more sense, but they don’t seem to be in need of capital.
they bought btc, he pumped with tweets, and it gave them a profitable earnings only cause of btc “profits”. but his tweets have much less sway now so it could come to bite him since tsla still do hold btc at aboit 34k avg i think
it's an important milestone
yes, exactly, remember miners join the bcm because they are aware of btc bad reputation in the environmental sphere, they want to be transparent and forthcoming with this data they want to improve its sustainability. mining is still decentralised, but the bcm is a gathering of vested people looking to protect their industry by thispelling myths and where things can be improved to work together to get it done.
yeah it will be interesting to see what tesla do moving forward
they will get there, i think they will be tracking annually, but the nature of how btc works cheap sustainable energy is incentivised
the 56% is the bcm members 32% of which. the 67.67% is the global hash-rate. how they managed to survey the global mining population i'm not sure. it's likely sampling data, which can very often be accurate depending on the number of respondants, but i am not aware of their methodology. but bare in mind this is just the second survey, they will continue to survey quarterly. but from the small group sampled it looks promising. these things take time to measure and analyse.
according to the slides from the bcm meeting: 32% of the bitcoin mining members were surveyed, they found that of ou the members that were surveyed 56% of them were using sustainable energy mixes. they compare this to miners globally where they state that 67.67% of global miners were using sustainable energy mixes.
no he cannot, and does not. learn to chart.
link to the data slides are in the description.
it might make it more difficult, but it is not thisallowed.
agreed fully and i keep telling people - with cancel culture don’t you worry - eventually i see elon and every single one of his publicly traded companies except maybe spacex becoming the ultimate short opportunity. mark my words my friend. it’s coming.
why is him being a capitalist a insult, everyone on this sub is here to earn money lmfao
man i hope not but that’s a real possibility.
he is not. i’m salvadoran and voted for him. how is it not democratic when he won the presidential elections by the larger margin ever? how is it not democratic that when the nuevas ideas party won the election with over 65% of the votes because the party promised to prosecute every corrupt politician? when bukele and congress replaced the supreme court judges, the congress read 30+ pages of illegal crimes and acts of corruption that each judge had committed, how is that not following democracy and what the people want. we the people are tired of being robbed and scammed. every president that el salvador has had since i was born has stolen and is either a futigive in nicaragua or in jail. bukele has thisplaced the 14 oligarch families that run the country. because nuevas ideas is an a third party, away from the two main political parties, all the oligarchs don’t have control over bukele so they hate him. guess who owns all the major news papers from el salvador? that’s right, one of the 14 oligarch families, and of course they use their platforms to spread fake news. but guess what? we the people from el salvador will vote for nuevas ideas again, and our president’s approval rating is over 90%. i’m extremely happy so far
we’re truly living in the future. this is some type 1 civilization shit. harnessing the energy of the earth to produce digital currency. un fucking believable.
this has been their next argument on twitter. "that renewable energy could be used for something else???" these people do not use their heads.
i hope that no one is surprised at the hypocrisy.
if my thoughts on the matter are correct and it is a bs reason to be anti crypto, then is not it incredibly fishy that tesla uses it as their "reason" to no longer accept it? that's why i'm so confused. shouldn't they realize that the "solution" to this "problem" is to advocate for cleaner energy production in general? why specifically target bitcoin? edit: also, the first comment i replied to says that now they use clean energy. how does this happen? how does crypto use more or less renewable than anything else?
> bitcoins entire design its entire design is to drive the cost of energy to zero to profitably mine.
yeah, but that does not seem like it means they use a thisproportionate amount of non renewable energy. what i mean is that it does not seem like a "fair" criticism of bitcoin in particular. if our grid was 100% renewable, then bitcoin wouldn't be unclean, right? someone using that to be anti crypto seems ridiculous to me. my reaction is to say "yeah, we should fix how we make electricity, but i still like crypto?"
yeah, china had so much mining that it was a problem for decentralization. not sure how that makes it small market.
65% of mining was done in china, now if this same 65% moves to texas, the chain again will have centralisation issue ? besides centralised, bitcoin lost a huge huge market , no one in china is allowed to invest in such currencies. i am surprised you are not able to see these two simple facts!
which one is it now for fuck sake?
1% in a survey about a us topic means asking 3 million us citizens :d but in the miner case 1% is not enough
dont trust, verify since we can’t verify, it’s objectively shitty
that's not what the central limit theorem is. also, the sampling should not be uniform across everyone who considers themselves a miner, it should be weighted by hashrate. otherwise your entire sample would likely consist of small-time individual "miners" who contribute nearly nothing to the hashrate. the number of mining farms contributing significantly to the total hashrate would be much smaller, likely where a 1% sample would not be representative at all.
that’s what i’m saying, i can interview 1% of the american citizen at the exit of republican rallies … guess what the results of the poll are going to say. that’s why i’m asking more information on the source of the data.
well…depends on how big variation is and how big you want error margins to be.
you know absolutely nothing about statistics dude.
maybe, or you could have something you love for 10 years instead of driving an unreliable, polluting beater of a car that you hate? having financial goals and having nice things are both options, and it’s not an all-or-nothing. set financial goals, balance them with enjoying your life, and then don’t worry about it.
that's makes it is interesting because if an outsider hold more bitcoin am own big lands and building...😅😅
exactly what i think, one tweet about musk reaccepting eco friendly bitcoin and boom💥
😂😂😂 elon simp alert. don't worry, i'm sure he would let you suck his noodle.
gas cars have had 100+ years of nonstop research & development. electric cars and larger scale batteries only just started getting attention recently; like bitcoin people will criticize at first, it takes time to make it better. even the last 10 years of improvement to batteries have made major upgrades to efficiency and storage capacity and battery longevity.
[that is oil lobby propaganda]( the impact of li-ion cell production [has been exaggerated and it is becoming better every day]( an obvious solution to any concerns would be a co2 tax.
plus the generation of the electricity to charge your batteries is not clean either.
i think it’s exciting
i'm not aware of any planned hyperloop projects, what are you talking about? and spacex's ambitions and achievements are impressive but colonization will still take a long time and not really affect the way of live of most people, really.
i haven’t but to say that they suck is just an idiotic statement. the tech behind them is amazing. porsche 911 is my dream car so i’m with you on that, but they are also 100k more in price. have you driven a tesla or a porsche? i’m not a fanboi at all but feel free to continue being a shitbag to people who have a different opinion than you. not a fan of elon’s market manipulations at all.
according to amcap (australasia), euro ncap (europe) & nhtsa (america). tesla was the first company to secure a 5 star safety and crash rating in australia (unsure elsewhere). tesla wants to eliminate emissions all together… unless gas powered cars cease production and everyone moves to ev their carbon footprint will always be bigger. ev’s produce almost 0 emissions. you’ll never see a gas powered car with less emissions than an ev. there’s no need to be argumentative you can do the research yourself whether you like it or not tesla’s are a great car.
or he could get divorced 16 times and still(barely) be a millionaire.
it’s more about where profits come from. in the last quarterly profit announcement tsla made most of the operating profits from selling carbon credits, and smaller portion from selling btc. without the contribution from selling btc, tsla would have reported a loss.
market cap doesn’t equate treasury specifically for a overbought stock like tsla.
that’s wrong mate. they have been desperately in need of capital at several stages. they almost went bankrupt at one point. also heavily reliant on government subsidies. edit: fyi they are actually running at a loss for their car sales department, always have been. their main source of income is tax. fact
how do you know what their average cost is?
you, sir, are out of control.
yes, bitcoin, among other completely frivolous luxuries increase energy consumption. 50 cruises contaminate as much as all the cars in europe, with very little upcome.
the world's financial industry uses far more energy than bitcoin. we should just shut down all the banks and that will solve the energy problem.
it is important but not that important. in any case, bitcoin does not steal their electricity, just make it just slightly more expensive.
yeah finish your food, there are starving kids in africa!
oh no, we're almost out of sun.
no it is not. there r people who sell stuff and will accept btc but the reference price is always the cash price
sorry i cant follow your answer.
>32% of the bitcoin mining members were surveyed, they found that of ou the members that were surveyed 56% of them were using sustainable energy mixes. so 56% of 32% were using energy with some sustainable sources, that does not equal bitcoin mining using 56% sustainable energy. at best its about 15%, probably much lower.
nope, you seem to be incorrect. slide 6 > sources: value represents data compiled from bmc advisory council miners. annualized primary energy use the only sources mentioning the eic are for the global data about how much bitcoin is using in watts versus other things, not the renewability %, which is cited as coming entirely from this heavily biased bitcoin marketing organization only. they even tell you the method for how they ran their survey at the end. womp womp. (and the amount of wattage is actually terrifying as well, because if bitcoin's market cap rose to say 50% of the world's money supply, then proportionally, it is energy usage would be 30% or more of the entire globe's electricit, going by these numbers. jesus)
the market [people] can stay irrational for longer than you can stay solvent. - keynes my prediction is elon will resign (get pushed out) and. elon concentrate solely on being the very visible face of spacex, and try to catch up with blue origin who will eventually gain more government contracts.
the lying part was the insult capitalist is just what his view.
because capitalism is flawed and he has benefited from government tax breaks, contracts, loans and the socialism of his employees being educated by tax payer money, roads and utilities etc
a lot of dictators that take over democracies start as populist politicians. at teh end of the day there will always be people like you who believe the propaganda and don;t see what's going on, but to everyone else it is clear as day that he is a dictator. bukele has installed loyalists and make unsubstantiated claims of crimes against anyone that is opposing him. you say he is reading out pages and pages of illegal crimes, but where the actual evidence? where he due process? there is none. he's removed people he know would be blockers to his power and replaced them with people that will blindly follow him. i mean just look at the coronavirus spending issues. there was clear evidence that government funds were being misappropriated by bukeles party, emergency spending going to companies of family members and such, then the government website that published spending information suddenly went offline and when it came back up all data related to contract spending during bukeles presidency had been wiped. you can kid yourself all you want, but the guy is a corrupt dictator and the people of el salvador will ultimately pay for that. by the way, an approval rating of 90% is not really a sign of anything other than his populist propaganda working well. for context, hitler had a 90% approval rating too.
being elected democratically and being a dictator are not mutually exclusive. hitler, mussolini, chávez all were elected into power, were extremely popular and once they got into power went about making it so that they would never lose it. even so, all three are looked back on with revulsion by most. i hope you are right, but latin america has a horrible history with its charismatic powerful people (both left and right). they start out loved and turn into monsters. we have the same here in colombia with uribe on the right, the neighbours had chávez on the left, we've had pinochet, the kirchners, lulo, castro, somoza etc etc etc. like i said, i hope you are right, i really do.
naa not even close to type 1 according to kardashev scale but still pretty op stuff.
explain me why that argument is invalid in your eyes then. the world's entire industry has been more and more efficient for the past century, and yet ghg emissions kept increasing. this is known as [jevons paradox]( example, ice car engines are 50% more efficient than before, but the result of this was not 50% energy savings, but 50% heavier cars. the share of suvs exploded worldwide in the last 20 years. electric cars are a lot more efficient than ice cars and can run on renewable energy but if car usage keeps increasing it would not matter, the electricity usage will keep increasing, renewable energy will stack up on top of existing fossil fuel energy, and the amount of co2 rejected in the atmosphere each year will only go up. bitcoin is not replacing anything. it's adding up to the existing monetary system. ergo it is wasted energy.
what a ceo thinks of bitcoin is irrelevant. i do not care enough about his opinion on this subject to care why. i just want him to stick to building space rockets. i want my space rocket goddamit.
in a proof of work system, the more work you do, the better off you are. and work requires energy. lower energy costs make each unit of work pay off more, yeah. but 2 units of mining are always going to pay double the dividends of 1 unit of mining, so if you can perform more mining, you will.
if our grid was all renewable, then yeah. but as it stands bitcoin uses a very large amount of power to do not all that much at the moment comparative to traditional banking (which uses about 10 times the power of bitcoin, but services thousands times more people)
if it’s sufficiently random, it’s more than enough.
why not? that's still a ton of mining.
who says you cannot verify? they released a ton of documentation with it, i have not bothered to sift through it all cause i'm not a statistician and i do not know enough to really make a judgement, but it sounds like you have not even looked and have no idea what you're talking about.
if you look at the slide deck from the btc mini g meeting the methodology and all the sources are listed. as far as i am aware it was a survey carried out by the eia amongst all btc mining council members. sampling was used to infer the global energy mix which actually came in at 67.67% sustainable energy mix, 10% higher than that of council members
one mining operation can represent 1% and thus give you a completely false image.
also depends on how you sample. random sampling cannot do with just 1%. you have to do some stratified sampling to reduce bias. the larger the percent you sample the more you can smaple randomly.
1% sample can be plenty or it can be not nearly enough. really depends on the thistribution and how you sample. do you sample randomly or in a stratified way. i admit i was a bit too hasty saying it is not enough, but at the same time you can fuck up a 1% sample really badly if you are not careful with how you do it.
did you miss the part where i said you could finance the tesla another way?
so you're for btc mining to stop.
i have driven porsche 911 turbo, ferrari 458 spider and several teslas. fuck the tech geek crap, when i pay such a high price i want a car that feels and handles great. tesla is bullshit compared to those. i rent. i no longer own a car as i sold all my cars and two apartments and bought bitcoin.
oh, you want a car that lasts forever! my bad. let me know when you find one, i would like that as well
ehehehe. exactly! teslacucks banging on about tesla everywhere when the cara are shit, feels chea and have major issues. screw that. better off buying a luxury german sports car.
>there’s no need to be argumentative you can do the research yourself i have done my research, hence my problems with your statements. tesla is not the only car to have achieved 5 star safety ratings which means: >the highest safety rating vehicle ever made... there are over 10 cars that achieved this rating 2020 for example. tesla is not some unique car company in regards to safety. at some point volvo was the car known for safety. tesla's getting a 5 star rating is more a reflection on the rest of the auto industry building the foundation for safe cars. that's not tesla's work. i'm not even saying tesla's are unsafe, just that you're the one who has not done their research if you think tesla's is paving the way.
this is most definitely the motivation. if tsla does not keep reporting quarterly profits however slight in this next phase of expansion. they will eventually be excluded from the s&p500 index which will cause a significant dip most likely. therefore buying and manipulating the bitcoin market is a way to ensure the profit.
you are correct, but it gives them an easy way to raise capital. a quick search says they have . i’m not defending elon or tesla… i simply don’t think their motivation is as nefarious as a lot of people in this sub seem to think it is.
amazon also almost went bankrupt “at one point”. a couple months old, but some good data here [tesla’s cash and bitcoin value totals ](
yea, pretty sure btc was sub 30k before tsla announced they bought btc and it pushed up to 35k after
if you can’t read a financial statement for yourself, don’t bother thiscussing investments eh?
it's am important milestone. 👍
nobody said it did? i think they are were very clear that the population sampled was only 32% of the mining council companies. btw you are wrong about your second point >at best its about 15%, probably much lower. this assumes that 100% of the remaining 68% unsurveyed bcm minders are not using sustainable energy mixes at all. the reason your wrong is because they have not been surveyed so you cannot know, for all you know they could all be using sustainable energy mixes. you will just have to wait for the next survey to find out, likley next quarter. but remember, the ones that were surveyed were selected at random. so it is likley to be accurate. this is how sampling works.
he also has children and people who don’t necessarily want to but have no choice - like old women as well as young girls - working in cobalt mines on stolen land, for next to nothing for pay. they live in huts and during the day gather under trees to hang out and “live”. nothing he adds benefits them and instead greatly costs their health because of the improper working conditions. he doesn’t even see to that. the guy is a pee wee herman lookalike with an army of equally pee wee herman lookalikes. one of these days he’ll either lead his army off a cliff (in a tesla car fire) or his pee wees will wake up and realize who they are worshipping. he ruined tesla. and quite honestly no one gives a real shit about “going to mars” ok whoopee we put humans on a planet that the species cannot sustain on. a real heroic move with his money would be to find a planet we can live on and develop the technology to travel there. dumbass is still using old school rockets with fuel. get real man. we see you for what you are. also if you’ve been following any of the pentagon releases you know that the navy is researching and using multiple multiple newer methods of energy for travel some of which enable speeds like we’ve never seen. in space you don’t have the same amount of force on your body and can travel much faster. but nope…. he’s proceeded to phallus shaped non renewable resource rockets!!
so he has benefited from socialist policy’s which means capitalism is bad?
aight well, for starters, pls tell me how there was no due process? first of all, bukele did not read out the charges nor did he replaced them. our constitution states that it is the power of congress to replace and destitute supreme court justice. and that’s exactly what happened. also, many of the supreme court justices fled the country to avoid further persecution once they lost their immunity powers. second, you said that i believe the propaganda. sure, i’m willing to admit that maybe i’m the brainwashed one, but you seem to have made up your mind already, so how is that not you possible having believed the wrong side. you should also be willing to admit that there’s a chance you’re wrong, not just me. also, bukele didn’t chose who makes up congress. we, the people, voted for the current congress in february. as far as the new judges is concerned. have you listened to the judges talk? have you listen to them speak of what happened? because they are very well spoken and educated people, many of which studied in the usa or europe and came back with their degrees to help the country. listen to bukeles reasoning behind bitcoin in the interview with pomp, it makes sense. for instance, when the usa began printing money and giving stimulus checks, that does not help el salvador and forces us to deal with inflation. e salvador’s legal tender is the dollar, so with the usa mismanagement of the dollar, it’s causing us salvadorans to deal with the inflation but not with any of the benefits that us people received. that’s where bitcoin helps us hedge against inflation in a way. at least gives us an alternative can i ask, are you salvadoran? because i am, and i spent everyday informing myself and listening to points of view. i’m very open about this subject, so pls ask anything and i’ll willing to continue conversing
do you realize that the issue when it comes to cars, the main issue is their emission, not energy efficiency. for power grids to catch up with renewable options is something that needs to be thiscussed. the amount of global car usage increasing is a constant when factoring in the equation for ice vs electric... but electric still is alot less emissions if we stopped using ice right now. renewable energy has yet to reach its full potential like fossil fuel has.
here is a link to the desktop version of the article that . --- ^(beep boop. this comment was left by a bot. if something's wrong, please, report it in ). ^(i'm here to help out our fellow redditors that are on their computer by replying with a non-mobile links whenever someone submits a mobile link to wikipedia.) ^(downvote to delete)
> explain me why that argument is invalid in your eyes then. the price paid for that energy needs to be so low to be profitable. the only way that miners can be profitable is to buy energy that no one else wants to buy.
energy consumption is a non-issue. its never going to go down, its only ever going to go up, if we survive as a civilization. if we ever become a type 1 or type 2 civilization, we will consume the energy of entire planets and stars. and that will happen regardless of bitcoin or any other one thing you claim is responsible. the issue is we're destroying the planet in the process. and that is mostly due to co2 and due to dirty industries and unfettered capitalism. you really care about the this issue? then instead of banning bitcoin, ask to ban energy production through fossil fuels. bitcoin does not care.
me too, for the most part. i'm just trying to learn more about it all. his's behavior towards crypto has always seemed sus to me, but i do not know very much so maybe i'm wrong.
> 2 units of mining are always going to pay double the dividends of 1 unit of mining, so if you can perform more mining, completely false. the more mining there is the less profit per unit of mining. do you actually not understand the concept of the difficulty adjustment?
if you do not want to use bitcoin, do not. how people choose to allocate their resources, including the energy they pay for, is none of your goddam business. you do not get to decide the worthiness of other people's choices.
i understand the energy consumption argument. what's confusing me is that the anti crypto media i'm seeing seems to focus on the non renewable aspect of the situation. but it is not like crypto somehow uses more fossil fuels than anything, right? like with tesla's decision recently, i mean there is no way they did not know how much energy it used before they started accepting it in the first place. why did they frame it as if bitcoin is somehow inherently bad for the environment in that it uses fossil fuels? the same can be said of anything plugged into the grid that wastes electricity. for example, my entire city is fully lit up right now and it is the middle of the night. i would like to see 100% renewable energy globally, but it seems a leap of logic for me to be anti crypto for that reason alone. as it stands, my opinion is "change the grid and mine, baby, mine". haha.
someone should tell him….
oops, that was a sarcasm . since bitcoin community is celebrating the exodus from china , i thought to check with them whether they realised that bitcoin lost the world’s biggest and richest market!
haha... dont know why bitcoiners (saylor, and all) are celebrating that “good that china banned”, china is biggest market and its a huge loss for bitcoin. as a result of this ban, now miners will move to texas (most of them) and the new centralisation epi-center will be texas.
“i haven’t bothered to sift through it all… “ followed by…. “sounds like you haven’t bothered to sift through it all, so you have no idea what you’re talking about” genius level thiscourse
also the mining pools have no fucking idea what’s the energy mix of their participants.
yup, really can’t tell based on what was said. we can just hope that a council full of smart people would know basic stats
yes, and i ignored it because when we're talking about someone who is considering selling crypto to buy a car, "keep the crypto and take a loan for the car" is fundamentally equivalent to "take out a loan to buy crypto" which is a terrible idea
note, i'm not saying there are not problems to solve. recycling is still a work in progress. however throwing old batteries in the landfill will not happen because their raw materials are too valuable. and as the grid gets cleaner so will battery production. electric cars are not perfect yet but only they hold the potential to become so.
at the top? is that why you’re so mad?
well, is the car trash after 4 yrs? i think you know what i meant.
fanboi alert! i can hear the slurp slurp slurp from here. only question is: is it you on elon or elon on your girlfriend? teslacuck! for the price of a tesla you can enjoy a nice, luxury car like a sweet porsche or audi etc.
when did i ever say they were the only car with a 5 star rating? this was years ago when they first came out…. of course there’s others now…? how aren’t they paving the way? seriously? full ev’s were absolutely non existent, nobody cared about ev’s, nobody was talking about them, nobody was building them. tesla comes along now everyone wants a tesla? now everyone wants to take market share of the ev market? is it just a huge coincidence everyone wants to make ev’s now? use your brain. not to mention their patent is public so everyone can use their advances to make better ev’s……... how isnt that paving the way??
the big difference between amazon and tesla is their respective running costs, it’s not a great comparison at all. car manufacturing is hugely more capital intensive than amazon’s business model. i read the article, it’s pretty vague… seems like a bit of a tesla shill to me. no mention of government handouts, and downplaying the fact that tesla was in the red for more than 2 years (2017-2019), instead mentioning that cash flow was increasing between 2015-2020 as of it was going well. seems a little one-sided and thisingenuous to me 🤷🏻
you do not know me.
i volunteer to run the servers with 100% renewable energy!
energy economics 101: * renewable projects overbuild ~40% to handle peak loads (hottest). excess always being produced because you cannot turn windmills on. * flexible miners agree to pay for that unused excess. they throttle back during intermittent peak loads and send energy back to the grid. * renewable projects achieve peak economic efficiency -> economics allows more of energy grid to switch to renewables -> less carbon.
>nobody said it did? read your op, you said it did. now we ask some questions and it seems we dont have enough information to conclude anything specific.
its one reasons, yes.
you dont understand bitcoin
due process requires there to actually be hearings and evidence showing there was wrongdoing, there was not. all that happened was bukeles part had controll of congress and used that power to remove anyone in the supreme court that would challenge bukele and replace them with loyalists. that's not democracy, that is a dictatorship seizing control of a country. of course the supreme court justices fled the country, in almost all cases involving dictators seizing power in this way, people removed from power are executed or thrown in jail for the rest of their lives after show trials. yes, of course, you the people listened to a populist and voted him into power, after which he proceeded to seize control off all pillars of governments so he would not be able to be challenged or removed. that's how dictators seize control of democracies. again, of course populists will come across as "very well spoken and educated", that is how populism works. the us printing money will have minimal impact on other countries that use the us dollar because a) supply chains tend to be long enough to insulate from changes and b) most internal trade would not change in price. even if it did, it is about 5-6% inflation which is vastly less than the 50% inflation that btc recently saw. no, i'm not salvadoran, but that is how i'm able to be objective when looking at what is going on. people inside corrupt dictatorships often do not really see what's going on because all the information they get is manipulated. i do not get inundated with government or anti-government propaganda and so it is far easier for me to see what's actually going on. that's why i do not blame you for thinking what you do and i do not think you're dumb or anything, i just think you're blind to what's actually happening.
you are not taking into account the energy capacity of the grid. that's why energy efficiency is important. if energy usage is increasing as fast as renewable energy, no one will close coal plants because of more demand than supply. a town in fucking canada has burned because of 50 degrees temperatures. we cannot afford to keep increasing energy usage because it will, at best, delay the closure of fossil-fuel based energy sources, and at worst will make it impossible.
or, like in china's northern regions, to buy cheap energy with state-sponsored benefits that were meant to boost the country's economy.
your timeline is wrong. "consuming the energy of entire planets and stars" is still science-fiction and would not happen for centuries. global warming is happening today and is only getting worse. fossil fuel is 84% of the world's energy production. it's gone up 4x from 30000 twh to 120000 twh in 50 years. i'm sure you can imagine that banning it will kill countless people. global warming is gonna kill people too. planned reducing of energy consumption is the only way that makes sure we would not kill a billion people directly or indirectly during this century.
thats why i called it an arms race. if everyone is doing 1 unit of mining, and i suddenly start doing 2, i get double dividends (approximately, i get 2+1 rather than 2, but considering how much mining goes on that difference is negligible, unless im mining personally at such extents that i could pull a 51% attack and at that point who cares i have a 51% attack) if everyone doubles their mining, we each only get as much as before, but i cant drop back down or i halve my profits again. the system encourages doing as much mining as possible or else you get pushed out.
a) i didnt say anything about value judgements b) i am now tho, its my earth too and id rather we didnt burn it down
well, elon is a grifter. he doesnt give a shit about the environment, he pollutes it heavily himself. it was just what he said to dump prices and make bank (normal thing for a currency to do btw, one guys tweets influence exchange rates of currencies all the time) but its a lot easier to call the energy of running an internet currency that intentionally causes people to use more energy to earn it wasteful than to call people lighting and heating their homes wasteful.
...you do realize that a lot of texas is pretty much facing an energy crisis right now, right? ercot could not keep the grid online during the harsh freeze earlier this year and are barely meeting demand in what is, so far, a relatively mild summer in texas. (they've also been caught remotely adjusting people's smart thermostats up without notice). i'm honestly impressed at how much you've been able to get wrong in a short comment thread lol.
yeah cause he is not the one calling the paper shit. if he is gonna complain about their methodology i think reading the paper is a requirement
best to get rid of all fossil fuels then as a safety precaution. you have my support. nothing to do with bitcoin.
nice straw man. r
i did not think it was problem free or that you said it was. but its at least better then what i knew
i started buying in 2014. and bought more in 2017. 2017 was a top of sorts. dca, ya chump. and the two apartments i sold closed a few weeks ago i bought 5 btc at around 33k, is that a top?
i’m at 5 years 60k miles, 0 major problems. best car i’ve ever had.
don't worry about the down votes. teslacucks out in full force. lol. they want self driving cause they are too lazy to even fuck their own girlfriends. no problem fanbois i will drive my cock into your girlfriends pussies. self driving lol bunch a cucks. fuck elon fuck tesla
that i can charge at home with my solar panels , accepts over-the-air updates, and has the range ? if so, seriously let me know which ones. i’m not a tesla fanboi at all, was looking at the taycan until i saw the final specs.
>when did i ever say they were the only car with a 5 star rating? > the highest safety rating vehicle ever made >full ev’s were absolutely non existent... use your brain. i am using my brain. also my eyes. i remember the [general motors ev1]( on the road in the 90s. the ev1 was thiscontinued citing battery tech issues rather than the car itself being a failure. tesla was more likely in the right place at the right time. >nobody was talking about them, nobody was building them... again, you seem to not remember the toyota prius which was introduced in 1997. not too long after they introduced a full electric. tesla was founded in 2003. i really do not know what planet you've been living on, but plenty of other auto manufacturers have been leading the way as well. i'm certainly not saying tesla has not influenced the current automobile landscape, but you tesla fan boys sure make some outlanthish claims. >not to mention their patent is public so everyone can use their advances to make better ev’s……... how isnt that paving the way?? do your research.
my point was most companies have periods were they almost go bankrupt. you’re points are all valid and i don’t thisagree. haha, i don’t know how i got myself into the position of defending elon. i never worshiped the guy and i don’t suddenly see him as the villain… i suppose that’s all i was getting at.
:0 thats a very strange assertion
i mean they did have due process. that hearing in congress is when both side made their arguments and then congress voted. the process took days to finish as well. i’ve also been living in the united states for the past 5 years and i’m finishing school currently. so i read english news, as well as spanish news on the issue since before he took office. most of my family lives here in the usa as weli so i get their perspectives too. i hear what you’re saying, and i promise i’m very open and have considered that i may be brainwashed. but i also think you’re blinded to what the salvadoran circumstances are. not saying you’re dumb or anything, but you’re only fed news that only touch the surface and no feedback on where we come from. many issues still stem from the half ass constitution that was ratified in 1991, where for example, it made it illegal to own more than a certain amount of land, but if you owned it before, then you could still keep it. also there is no property tax on homes. guess who that benefits? yup, the oligarchs who sat there during the making of the new constitution. so yeah, i also think you’re blind to the full situation. but for the time being, i like our president. he did what so many salvadorans have been saying. growing up people would say “man if i was president, i would wipe clean the whole government, and then resign.” well, we have someone who’s done it. now let’s hope he steps down in 3 years when his term is up. if he doesn’t, i promise you there will be turmoil in the country. we may have had corrupt presidents in the past, and bukele may be one too, but the country takes very seriously the transition of power because of the civil war we had that ended in 91. that will cause so many protests and the usa would likely intervene to help. but in my opinion, bukele will step down because he wants to be seen as the person who changed the course of the country in a positive way, and be written in the history books as such. bukele was already rich and his family wealthy before he entered office. i don’t think money is what he wants. i don’t think he wants power either because el salvador is ran by oligarch families, and his family is wealthy and powerful enough that they already live their best lives, outside the public eye.
increasing energy usage is inevitable, us switching the power grids over to renewable is the goal, just because currently the power grids have been reliant on fossil fuel does not mean it cannot become fully renewable. lol the only barrier is financial barriers and incentives to switch the power grid.
that's why they got rid of it alright. china subsidizes its energy for industry. bitcoin requires cheap energy in order to be profitable. china does not subsidize energy so that people can mine bitcoin, they subsidize energy to ensure hundreds of millions of workers have jobs. china is terrified of hundreds of millions of unemployed workers that cannot work because no-one can afford to pay for their industry. so if you're not using that cheap subsidized energy for industrial processes that keep busy little worker ants working, then they do not want you using their cheap subsidized energy. bitcoin exposes the reality of energy subsidies. unless you use renewables, or are using stranded energy, you're losing money if you mine bitcoin. the chinese government knows this, which is why they have no interest in bitcoin mining.
gobbledegook. asic's do not just materialize out of thin air. stick to trading cards kid.
> i didnt say anything about value judgements your entire argument is a value judgement. you think that your values hold precedence over others. > id rather we didnt burn it down turn off your electricity then.
texas' energy grid is a free market playground. if a shitload of mining ops move there, that will entice a lot of people to sink money into it to reap the benefits of the money to be made there. sure they can give a fuck less about making sure the lights stay on for regular people during heat waves and freezing, but they will do their damnest to make sure the lights stay on for moneymakers like mining facilities. there is a reason that downtown areas full of empty buildings still had power while regular people were dealing with bust water pipes and dying of hypothermia.
that’s not what a strawman argument means, though. you can’t just throw “strawman” at every argument you don’t like
literally not a strawman argument
right, just wanted to add that before the next commenter says something to that effect. anyway, [here's a good reuters article about the topic if you're interested](
no but you’re acting like a bottom. enjoy being an asshole to anyone with different opinion than you.
are you talking about a honda civic
dont doubt it, but its expansive as hell out of warranty.
you good mate? 😂
bla bla bla u just want to justify your purchase. your mistake. own the teslacuck badge with pride cuck! maybe if you are lucky you will get to watch elon and his government sugardaddies spank your wife.
is a 5 star rating not the highest rating obtainable? again, when did i say it was the only one? the fact nobody has ever even heard of or spoken about that in my lifetime proves it wasn’t a viable ev... it lasted only 3 years then got completely thrown in the bin? nobody cares about it, nobody talks about it, nobody is building it. non existent. prius was a hybrid in 1997… if i recall correctly i don’t remember ever seeing an all electric prius even today? they’re all hybrids?
yeah bro i hear you, all good. also i’m not actually trying to attack tesla either, i’m just being realistic about possible motivations going forward. even if he did pump and dump (again 😆), would that make him a villain?… probably not. he’s just another player in the game, and his business may end up doing enough positive for humanity to outweigh all his recent fuckery lol. time will tell haha 👍
did you just come here today to pick fights? are you having a bad day? cheer up, bud. i'm sure things will get better.
they did not though. two thirds of congress is run by bukele so he can make unilateral decisions. in fact if he already knows he will win an upcoming election he could rush through a constitutional change on the day of an election then ratify it after the vote. what english news have you been reading? most english news is showing large amounts of corruption. it's even been complained about by human rights watch, and el salvador has slipped from flawed democracy to a hybrid regime on the democracy index. outside of bukele loyalists it is well known that he is corrupt. i'm not saying that there are not massive inequality problems constitutional issues, what i'm saying is that bukele is not the solution. he's a populist making a power grab by playing to political insecurities of the electorate. the act of installing loyalists into the courts while holding a two thirds majority in the legislative branch should be ringing enormous alarm bells, because seizing control of the executive, legislative and judiciary systems all at the same time is hugely anti-democratic. it removes all oversight meaning he can make unilateral decisions unimpeded. he almost certainly would not step down and he will continue to use populist rhetoric to keep people on his side and i cannot imagine the us has enough political will to get involved to be quite honest. if they were going to intervene they should have already. the moment he hijacked the courts they should have been taking actions. rich and powerful people always want more money and power. authoritarian dictators often do not see themselves as bad either, i have no doubt whatsoever that he thinks he will be remembered in a positive light. that's already not the case though.
> unless you use renewables, or are using stranded energy, you're losing money if you mine bitcoin. [here]( they buy natural gas and carbon credits and still making money. at best, it is using natural gas that would be flared otherwise. that causes induced demand and makes fracking more profitable. at worst, it is actually buying natural gas that could have been put to better use if burned for heating or electricity usages that actually make human lives better.
just because it has a startup cost to do more mining, doesnt suddenly make more mining unprofitable? ' and im not talking about investing in bitcoin here, if you wanna have a snarky thismissive comment at least make it topical. tell me to go to buisness school or something, idk.
oh damn fuckin owned just stop personally using electricity, thatll solve the climate crisis! the solution was personal resposibility after all! the immense energy use by industry and unrestrained capitalism wasnt the problem after all!
okay, agree to thisagree. people are pretty fucking pissed off about what happened this winter and the fact that it is continuing to be a problem. i'm happy to hear your theory on how a strained power grid will support an influx of crypto mining without a lot of people that happen to be gun owners saying something about it.
you’re right, you can’t throw straw man at every argument you don’t like. that being said your counter was a classic straw man. you admitted to ignoring part of my argument and equating it to something else which was easier to justify your position.
only an asshole to teslacucks and fanbois. that's my prerogative. hope eloncock tastes nice...oh wait better ask the girlfriend teslacuck. fuck elon
no op but i am. 1994 honda civic, 150k-ish miles and still going... well with 80ish horsepower, i cannot say strong, but with 37mpg it has been pretty smooth and easy to maintain.
pretty much every car in the tesla price bracket is.
first car i’ve ever had be in the green for trade-in value, and i took the 72 month option. would just trade it in if i hit any issues.
never been better! stacking sats and stacking weights.
>is a 5 star rating not the highest rating obtainable? again, when did i say it was the only one? > the highest safety rating vehicle **ever made** >the fact nobody has ever even heard of or spoken about that in my lifetime proves it wasn’t a viable ev. just because you were born yesterday does not mean everyone else was. do some research. the ev1 was big step for electric cars. >prius was a hybrid in 1997… if i recall correctly i don’t remember ever seeing an all electric prius even today? they’re all hybrids? no, you're right. i think i was remembering "plugin" in my head, and conflated the two. i probably should have looked it up. regardless the point still stands that other manufacturers have been actively trying to promote reducing vehicle emissions well before tesla came along.
2019 was three years ago? what the fuck
jerry, remember that time you left a comment underneath that youtube video and someone replied and called you a dumbass, so you replied and told them, "it takes one to know one," and you stayed up all night hitting "refresh" on your browser waiting for them to reply and then you fell asleep crying?
so are you rich or did you not follow your own beliefs?
what do you think about it now bud?? u
i’m impressed by op’s ability to hold a grudge 👍
"needless to say, i had the last laugh"
i asked a friend what he thought of crypto in the summer of 2020. 3 months later he’s begging for advice in november.
this just proves that an average redditor does not know what they are talking about. absolutely nobody can predict the future.
let's downvote you again.
for real. you guys have got to check out this dude. this idiot is on the thread 3 years ago (thread op scresnshotted) and was talking garbage about bitcoin then. now 3 years later you’d think he would have moved on to something else. learned some lessons maybe etc? nope. still rapidly posting anti-crypto stuff as fast as his little hands can type. learned nothing despite being proven so so so clearly wrong in a short span of time. this ladies ans gents is what a butthurt nocoiner looks like he’s literally so salty he could have bought 3 years ago and still didn’t learn the lesson. amazing. initial 3 year old comment here. dude still posts about crypto today. same as 3 years ago. **absolute fail** dudes basically a deep and i mean deeeeep redditor who moderates shit and posts like crazy. no wonder he doesn’t understand shit about crypto. too busy being an unpaid mod and clear over-user of reddit.
make it an nft and post it on that sub again lmao. most of the mainstream media subreddits (news,worldnews etc) are extremely anti-crypto. and most of the time it is because of ignorance. they have no idea what is going on in this space, but always repeat the same narrative like parrots (energy fud, environment, some are in need of gpus blaming crypto all the time). they are huge in numbers and always downvote heavily anything they do not like.
goes to show. redditors are **fucking useless** except rare few.
still some people laugh on the future success of bitcoin.
they called you a mad man now their children are following your advice xd
btc can still make you rich, even at 42k
the irony is that these same people are still out there downvoting anything pro-bitcoin. the bitterness they feel is real and their narcissism would not allow them to change their minds. i kind of wonder how far the bitterness will go. will that saying "eat the rich" become "eat the wholecoiners?"
yeah , can it still make rich now also ?? u
without a question you were right. 50%. no super recession. that might make it a gamble.
there you can see how many stupid people who did not make a research before they downvote something are on reddit.
it is the same smoothbrains that answer in the same way today
damn that they really took an l on that comment section.
they say these things just to look cool in front of the morons.
we cannot expect more than this from non crypto people.
frankly even i was not sure about the success of bitcoin but look at it now.
i am so glad i was not like them back then, i invested in btc proudly.
reply them and tell them to invest now, we still have much.
yep, for sure bud.
i still cannot understand why some people always seem to have the memory of an ant. i still have friends telling me: "see? bitcoin went down a lot!" and i'm like, well, i remember when you said the same thing when it was 3k. so it is actually gone up.
1300% isn’t really make you rich territory. but i think it will keep going.
many people come to buy bitcoin in the hope of becoming rich, only to realize that the wealth bitcoin gives you is far more valuable. bitcoin gives you the freedom to live your life on your own terms. it is the most important wealth, and it is the one that explains why buying bitcoin even today over .t most valuable thing on earth.
i’ll downvote you here, only for another 1300% the next years!
people who use the term "bud" are generally dumb.
can't do anything to change their mentality towards btc but the figures can.
that really aged well man, i wish my comments will do the same in coming years lol
we all know that bitcoin will do more than that now.
dude these posts are what keeps me fighting the good fight on reddit
if a person does not have a full understanding and belief in bitcoin, it is hard for him to take 3 years. i think bitcoin is still in the early stages of development, and its future is to become the preferred choice for human stored value. it still has hundreds of times the upside. in 20 years 1 bitcoin will cost over , let us witness the greatness of bitcoin together.
i think we can do at least another 10x from here. that's just the gold market cap. beyond that it becomes a matter of whether hyperbitcoinization happens.
this has been eating you up on the insides for 3 years has not it?
how much did you buy 3 year's ago?
hmm, where were you when the pandemic started ?
i made a similar post about getting out of fiat and into something like bitcoin. my favorite comment is the one who said, “good luck with your +1 swords” and i thought, i wish i had not sold my +1 sword🥲. i was down voted past the karma limit
that's why so many 🤡 are so salty about bitcoin... they will never recognise they were wrong...
😂😂😂he just woke up and choose violence
bullish on the petty jungle.
for some reason most people on r. bitcoin is not an investment. it's a tool to free the people and allow them to thrive.
dont worry at 13k you can buy again.
how the tables turn. now the same people downvoted you regret not buying it. calling it a scam.
reddit is full of people who suffer from the dunning kreuger effect, not too surprised they had a circle jerk at your expense lol. look at it this way, three years later, he has some upvotes to show for it, and you are up 1300%. congrats
i just don’t understand why people think a super recession will lead to a crypto bullrun. super recessions lead to massive interest rates. so if you have liquid cash there would be a few different options to get a good return.
good good, while smartpants from investing downtalking bitcoin, there is more time to buy. it's like asking a barber if you need a haircut, people spend their life studying stock market fundamental analysis and then some weird coin outperforms what they stand for, doing it crushingly. banks were like this, but now they are adapting, nayers starting to secretly be afraid of bitcoin.
i just started investing in bitcoin 2 days ago i'm hoping on the rich train
remind me in 3 more years.
it’ll make many richer in future also
tale as old as time
bitcoin can still make you rich. let’s see how this goes.
the downvotes were also for saying “super recession” and “divergence”
how does it make you rich? the days of buying
check out those losers on r.
why so resentful tho
hurry up and kill the planet faster guys.
and yet instead of enjoying your vast riches you take pride in revisiting a 3 year old thread just to get one over a complete stranger. hmm.
the thing i thislike the most is not that they are wrong. anyone can be wrong. it's how fucking arrogant they are about it.
diamond hands for holding a grudge. damn.
you had 3 years to come up with a better burn than that though
it's very clear you were downvoted for the other parts of your comment, not for saying you can still get rich from bitcoin.
but, did it make you rich?
bitcoin can still make you rich now?
going back to 3 year old reddit posts to gloat "i told you so!" is a special kind of something...
another "i told you" andy. they fucking everywhere, one say it will grow, other say it will fall, with no fucking clue, and once one of these guess it right, they go everywhere to tell that everybody had to listen him n time ago. jesus.
i love that you held a grudge for three years 😂
reddit is the most passive aggressive site i know lmao.
the pettiness of actually commenting back 3 years later is fucking hilarious. good for you though, op.
dude holds onto internet conversations for along time. ganna be dead from heart attack by age 40
bwahahah, hater feels stoooopid as shit now. i love it.
how did you reply to a 3-year-old comment?
i love this. nicely done.
i am so proud of all of us, we have a good faith in bitcoin.
we can find many people like this in our circle too man.
so petty. i like it!
i got downvoted on a sub for saying “not feeding your kids is child abuse”. reddit users can be toxic af and have a herd mentality.
as long as you can trade your fiat for btc you can become wealthy. it’s still early. at some point in time you have to work for your sats.
lmao i remember the thiscussions during that period on this sub. it was horrible. people thought we would never hit an ath again. i was thinking: do these people even know halvings exist?!?
imagine seething for 3 years for getting downvoted on plebbit. imagine creating a thread afterwards. yeah, that will show them.
link to original post:
imagine that you need to win an argument so bad you repost a thisco from three years ago
bitcoin can still make us rich 🚀💥🥂
wow you were right, well done. you really showed them by making a post about how right you were 3 years later
so you wait 3 years to reply?
be prepared for another crash…i think we haven’t seen the bottom yet in this cycle.
can anyone create a bot to trawl through previous sneering comments and post the percentage appreciation since that post? not out of spite, but because it might get through to them. imho if you've been nice and polite and someone still has a bad attitude, you can try speaking their language. especially since you wouldn't even be bringing your own beliefs into it, you'd just be shining a light on their beliefs and pointing out the fact of the price rise since then.
tag the cunt who laughed at you. lets expose him.
paging the butthurt hordes over at r…... see y’all in 3 years time when the same thing happens again.
you didn’t get it: they downvote you because that kind of posts are stupid, not because your statements were false!
and if it had gone the other way, you wouldn't be gloating now
in all fairness the dude was not wrong. unless you had 't have made any real money on it...and if you could throw 're probably already rich enough to start with that the impact will be negligible. even as someone earning a good salary i wouldn't put 'd only make ... hardly retirement money. so yeah, the era of getting seriously rich from btc is largely passed...
13x, so even if you invested 10k youd be at 130k... a decent amount of money for sure, but definitely not life changing, and surely not "rich". if you invested 100k you'd be at 1.3 mill which might be life changing to some, but probably not life changing to someone who had 100k to invest to begin with.
you been thinking about - 6 karma for 3 years?
shoulda been more mean about it tbh, not only was he wrong he was completely wrong, the best kind of wrong when you really want to lay it on someone
going into a casino and playing for an hour or two can also make you rich.
13x, but it wouldn’t make anyone rich. you were wrong then, and if you think investing in bitcoin now would make someone rich, you’re wrong now too. need at least a 100x, and more likely a 1000x, to be considered an exciting “get rich” opportunity to me.
when will people realise that saying 'i told you so' makes you a dick. better to just stay silent.
i'm not sure what the original post said, but if someone said that bitcoin could still make them rich and was proven right, i do not see why they would be downvoted. people tend to downvote things that they thisagree with, so it is possible that the original post was met with criticism.
he preferred the upvote karma
bitcoin can still make you rich. learn more about it, stack sats, don´t stop and come back in 2030.
the real question is did you eat your own toast and load up 3 years ago
did you buy more btc at the time of your comment?
are you rich now?
where's that super recesssion, zuckerberg ?
so your profits are 1300% and your are still in? what profit percentage are you waiting for?
i want to know who the last person to say, "last chance to buy btc under ", and was right, so far.
you really took his honor man
oh ya, well, i'm down voting you because i do not like the "cut of your jib"! ya that is right motherfucker, i went there 😎
question is ... did u hodl???
ahaha yep i do not regret to spend my tether for that
to be fair, it would only have made you "rich" (let us say thats >1million) if you'd bought over 75k worth. so yeah, a great investment, but not quite the spirit of the phrase.
my inner senses speak that you are somewhat regretting for that.
where can i go and upvote that comment?
pride goeth before the fall. if you made a buck, wtg. if you gloating, gl.
i can downvote this post for nostalgia
waiting to post until after you commented and including it in the screen, yikes
the doubters never get it until it is too... not late but later. lol
the real question is, are you became a millionaire? ☺️
just remember, if you sell now you were right but if you hodl too long anything could happen. you are not rich unless you sold.
print it put and frame it
this comment aged well.
can it still make us rich?
have you been waiting three years to post that screenshot?
why am i still thought 2019 as last year?
bitcoin will never be ballin'
you should go thank that gentleman since he always believed in you it seems
your predictions for the next 3 years?
hope you hodled some since then.
i did a remind me on someone who made a stock portfolio out of all meme stocks and called it the reddit etf. one year later and the data looked exactly like i expected it would.
that’s how you know times are different and that were are not early anymore. say that in this sub now? perfect karma farming material. upvotes for days
this is an epic fuck you. fantastic.
ight let us do the same thing again btc cannot make you rich anymore op.
but are you rich?
damn i bet it feels nice to be right. i wish i bought crypto on bfx three years ago.
can you go back and proclaim: “aged well”. then share it so i can give an award?
to be fair a 13x gain, while awesome, is not really "make you rich" gains... unless of course you have large sums invested already, but at that point you're probably already rich so...
pimps up hoes down - snoop dogg
how petty are you? this could have gone either way. nobody has a crystal ball.
3 years ago is not 2019. your maths is wrong. 3 years ago was 1996.
lol three years ago i was downvoted
taleb does not like it. i think bitcoin slept with his wife or something.
do you think there’s still time or no
was anybody here on [what.cd]( when bitcoin was around ? there were threads like this going on then, too. if the forum data is out there somewhere, there are some real gems along these lines, too.
jan 2019 we just started turning bullish. dec 18' was the bottom of . fear was the sentiment.
i remember the good ol days of mining before asics came out. the dream…
1300% in 3 years will not make you rich unless you were already rich enough. you would have had to put in %. being a millionaire is not even being rich these days.
still waiting for that super-recession though
i think you were downvoted for the “super recession” thing.
typical reddit condescension. what a fuck
bitcoin reversing soon. bull run incoming
i mean... it can... but so can gambling, but the odds arnt in anyone favor...
three years ago i took a shit
you know how wrong people can be, this is proof ! just like they say you cannot make profits in a bears market ?! why could not we, we can play the same game as those bastards on wallstreet are. puttin on trading options on the way up or down, thats why you can try siren protocol, for trading crypto options
we should get together and collectively boo this man. where is this?
downvoting for good luck
epic flashback. did you make any investment into bitcoin during that period or was it more of a contribution to the conversation?
how did you comment on a post that old?
man i hope you listened to your own words and bought some then!
gotta love when dumb fucks with no brain cells downvote you on here it truly shows their stupidity and ignorance
ya love to see it.
what’s bitcoin apple and how did it perform?
most people when told the truth cower in fear and lash out like a cornered animal, especially if it goes against what they believe is to be true but have no facts to back up those beliefs.
what's your next prediction
they say the best revenge is success. did you get success ($$$), or were you merely right? i'm right way too often, but i have not managed that other, more satisfying half.
reddit mod love banning folks for speaking the truth , no matter how provable and obvious it is.
i still remember my first down vote. it stings like a first divorce
nemo propheta in patria wise man
did you get rich?
uwuwuouwuowuow where you at?
aged like wine. i bet that felt sweet to to type 3 years later.
update the heading of this post every month.
say it again… say it again!
people who think bitcoin, money, game theory
your the hero we never knew we needed 🦸‍♂️
the fact you came back to that thread 3 yrs later just to respond to him is beyond petty & awesome lol
bitcoin and apple both worked out nice haha
yeah but mine aint
name checks out. uwu indeed.
damn! you held on to that for that long? it's only reddit bud. his stupidity cost him just be happy with knowing that
the major use case for bitcoin is to hodl and get rich.
lol still salty about getting down voted 3 years later?
they will criticize you everytime until you prove your point.
my stock is already up by 2500% in last 1 year.
that "haha yeah bud, sure it will" must be hurting him now lmao.
lol i am feeling sorry for them now, they are so stupid.
never doubt big dick daddy bitcoin folks.
i just downvoted you again, for old times sake.
take your upvote, whiner. perhaps next time you would not seek validation from the rabble.
looking at your post history it obviously did not make you rich lmao
let me guess, you're still as broke as you were 3 years ago...
would you have commented if btc was , "actually i may be wrong" pretty easy to give yourself credit in hindsight.
u what you gotta say now?
sounds like you need a life
reddit doesn’t know shit 90% of the time
man, i thought i held grudges.
i never explain anything to these kinda people but they must be shocked now.
no, you dont understand. its going to be forbidden and cracked down. like tax havens, nfts, lobbying, corporate tax evasion, weapons trade, monopolies, insider trading, religious exemptions, child slavery in raw materials and all the other things that are totally going to be fixed in the next 6 months
redditt hurray up and give bitcoin to good posts.
and at the same time in another parallel universe someone said it would make you broke. it is 50. you said something that turned out to be true doesn’t mean shit bruh. did you justify why you made that statement? zero! you are just lucky to hit the right direction. stop doing your mental masturbation! wake the f-up! freaking pathetic keyboard warriors. how much did you put in bitcoin? why don’t you show us your return? probably you didn’t buy shit. why? because you didn’t even know why you made that comment. that was all random
recsi can still make you rich, they have not revealed what they are going to spend all that money from share issues on.
yall are bums going to that post and talking shit. they know they fucked up already. only op has a right to brag
all of them will be shocked after some more years, we gonna make so much.
what year is it?
aged like fine wine
ah! 2019 like yesterday... time flies
and now you are being upvoted
now what ever you say, you are right. we believe in you, so tell us the future...!!
i'm happy you get to have this moment
have you made any other recommendations since then?just want to double check your record…
so 3 years from now , can it still make us rich ?
we still have some people like them and that makes me so sad.
you remembered someone thisagreeing with an investment thesis from three years ago!
yeah cuz i can just pull 25 grand outta my ass to invest in bitcoin to make me rich. you were most likely downvoted because people associate “bitcoin making you rich” like the old days were you could drop
question is can it still make you rich
there's really no talking sense into people who do not want to understand it. i certainly was not down voting you!
and bitcoin can still make you rich lol .
when i buy any crypto i buy it with the intent of never selling…...unless it’s life changing sell moment!
i wish someone i had someone like you in my life back then.
"remind me. 3 years" ...you...have patience. so, are you rich?
that's so mad, they all would be so crazy after the boost of btc.
i’ve been dunking on my haters back then too.
what's that subreddit? i want to reply that guy something lmao
haha yeah bud, sure it will. i just want to be downvoted.
you got down voted 6x... so that made you do a i told you so post?
i can pay for seeing the reaction of them after three years lol
it can make you poor as well
wel that guy is a jolly ol cunt
to be rich with btc was just good luck.my congratulations.
ha-ha, there are dozen mutually conflicting prophecies. just wait until one of them comes true and then blow your trumpet to the whole world what a great fortune teller you are.
can we stop pretending like -6 karma is a big deal? that's just 7 guys who feel differently than you.
guess the rich doesn’t wash up the salty
u need us to circle jerk you off too?
that is amazing brother, i hope you are right for the next 3 years too, i want to be rich :p
and i'm still wondering while everyone is commenting and not up voting the post.
can bitcoin still make you rich?
take that guy i don’t know from 3 years ago from a conversation that everyone else with a life would have forgotten about including the person i just gotcha’d! boom! i’m a winner!
that dude got owned
hahahaha, this sounds weird, i was also been lookdown on, by some fellows, when i told them about the sweet gems on the l2 blockchain, someone went as far as asking me how on earth can i add . i will post as you just did in few months or years too, to answer them.
dont downvote people for being incorrect bad on you, have some the reddiquite!
it's sad but 1300% is nothing
adding one zero to most people's starter investment amount is not making anyone rich. i do not think you're wrong but you're bragging way to early
if i went all in on btc at that time (including retirement) i’d be quite rich, but the same goes for lots of things. if we think this way (somehow knowing the future), i’d probably just buy a lottery ticket - . and many other investments would perform better.
you waited 3 years just to do that... what a loser
yea i was thinking more like 2016 or something.
get this. the pandemic started 2 years ago. trippy
i have this problem, 2019 is forever last year... just like the 1980's were last decade.
2020 to 2022 was one long year...
this^ wtf is going on
i still think the 90s was the previous decade!
sadly i had no money back then
ouch that hurt my brain just to think about that
yeah i was actually thinking of something like that there.
six downvotes man. it hurt
i feel like 3 years of my life got robbed sometimes...
i remember it differently.
a fucking ternion what the fuck
so, what did he reply ? i need to know! *i'm gonna refresh this page every minute from now on.*
thanks for the r&m reference, now i just imagine op aging in front of his computer hitting 'refresh' after every page load over the last 3 years, lines of stress cracking their face as they watch reddit and the btc price, hoping btc goes way up and does not shit the bed at the 3-year mark, completely fixated on the outcome of that reminder... the self-congratulatory undertones are almost palpable. i can just imagine the emotions op is going through right now. good job, op! no matter what failures you endure in life you will always have this win!
more like i make some offhand comment on youtube, and 2 years later my phone has a notification that someone replied to it. . . . . . . . . . it was spam.
we need always to be positive for our beloved bitcoin and crypto currency.
op saw the future but never took out a big loan with his house as collateral to seize the opportunity...
asking the real questions
he should have multiple houses like 13+1 if he has followed his own advise
i am more concerned about their mental health with what looks like a three year or more deep folder of internet argument screenshots.
depends on how much he bought also.
op ignored you because like many kiddies here, they do not actually have a budget put together to put money aside every month for long term savings. even if they were just doing it in a traditional etf savings plan you would've made tons of money over this past 3 years of a bull market (nearly doubling up). look, i'm bullish on crypto like many of you are here, but i do think that most people coming in here with zero financial management skills will enter and leave crypto just as broke as before.
it's interesting just how few maximalists actually put their money where their mouths are... you'd expect them to all be double-digit hodlers at a minimum but it seems most all of them are poor. as someone who's held over a decade now i struggle to understand why this is the case but it definitely seems to be. one of life's great mysteries?
here is what a real one looks like, the real question is this.
u. sad. you buy at the price you deserve.
that user has not posted for 3+ years. i think they might be dead.
turns out, he was also an antivaxxer…
u. say something bitch lmao
he is the man of courage always thinking of difficulties.
he has not commented in 2 years, probably killed himself after shorting bitcoin and tesla.
holding the grudge just like he held those bitcoin. it pays lol
i think i need to go back in my post history and do this.
he just set a remind me! bot. everyone is fast to make predictions. it's amazing the technology we have these days, zero effort to follow up on years long bets. i do the same thing with my friends and use siri to set a reminder years out.
i think it is easier to hold the grudges then holding that much.
i wish i can hold my coin as well as op holding his grudge
he literally posted a remind me for 3 years lol let people win.
"yep, that downvoted guy was me. you're probably wondering how i ended up in this situation"
"...remember to call bill oddie..."
anyone opposing bitcoin will someday loose and feel sad that they went that way.
yesterday was arguing with people in the economics sub about bitcoin eating up all those downvotes. they really just do not get it.
that sub is such a joke
oh my god it is like going to buttcoin
they continue to judge tech based on one or two early implementations and the hive mind says, yep it’s worthless!! they’re so proud of their chosen ignorance. bunch of blind morons leading the blind.
that sub should be renamed as antitechnology
i think they’re in the “bitcoin must die because it’s using more energy than entire european nations!” phase
bunch of it folks, think they are smart, some may genuinely be… but salty they kept missing the train. even though they’ve been a exposed to it much more than the general public. familiarity breeds contempt.
classic joe. don't buy at bottom, start buying when everyone's on it.
well, except for op
i predict you gonna have a future. ʕᵔᴥᵔʔ
i predict the sun will rise and bitcoin will inevitably keep raising in value as enough time passes. and i'm not one of this subreddit clut or hardcore fans, the inevitable does not care what i or anyone else thinks.
it's the same old story, make predictions then if it hits...make a post saying that you can predict the future.
i feel like the real flaw here is that a 13x increase, assuming you just bought at that moment, and did not sell any till this moment, would still require an initial investment of hundreds of thousands of dollars to make you rich. even then, a couple million is very small time rich, not even in the same universe as thiel. the average person has something like 10k in savings. and that is obviously not evenly thistributed, but lets pretend it was. if the average person took ops advice, invested every last penny they had in savings, they would have 130k today. nothing to be laughed at, but so far away from rich, in a sense, the original guy was right.
i’d say thats been super obvious for years.
yeah exactly, all the upvotes on the comment prove that reddit has no idea what it is talking about (myself included)
you actually can predict causes and effects. effects happiness the future, mostly. rare exceptions. don’t get me started on the double slit quantum eraser. doesn’t mean i can tell you the lottery numbers but i can tell you that you can make a lot of money on bitcoin in three years.
in the year 2028, john mcaffee will be president. he will ban all crypto, and shitting into each others mouths will be our only medium of exchange.
thanks, it makes me want to buy more bitcoin!
you sonofabitch i'm in!!!
yes but this time we'll have a complete diffrent audience downvoting this and be ready for another post 2 years from now.
average reddit mod. an absolute brainless moron passing judgment on tech they clearly do not understand. typical!
thank you for this great insight it will help a lot to be honest.
did i miss something? how can you reply to a 3yr old post?
it is because nft is in trend right now in the lot of people believe in it.
“̶h̶a̶h̶a̶ yeah bud, s̶u̶r̶e̶ it will”
i think that i can still make you rich if you want to invest for long term.
six by nine. forty two.
imho the people most angry about this are liberals, not leftists (saying "eat the rich"). bitcoin eliminates the cantillion effect that has broken inequality records, and mining profits tend to zero. it's not a classless, moneyless society. but it is a more free society than we have now - so long as you're not one of the privileged few now losing that privilege. the left is absolutely correct when they say billionaires should not exist.
people are just bitter about it they just do not want to believe that it can make you rich.
"but god chose the foolish things of the world to shame the wise; god chose the weak things of the world to shame the strong."
if you believe saylor and all the other institutional investors, absolutely.
absolutely. it will be interesting to see what the next few halvings and the resulting supply shock will have people saying by 2030. if you have ~0.05 - 0.1 btc you will probably be able to retire in the next 10 to 15 years.
people just easily get offended these days and downvote anything.
initially no one was actually sure about the the value of bitcoin but now it is touching the sky.
it is depending on how much you put in. 1300% on .
exactly. bunch of idiot shills in crypto man holy fuck. the time for getting “rich!!!” on bitcoin is looonnnngggg past.
1300% is enough to make rich, if capital investment is high and stakes are high there
came for the gains. stayed for the monetary revolution.
this is the most retarded comment i've read in three lifetime's. you must really have shit for brains.
it is a well known fact that on internet people do not tend to listen they just want to say.
*i’ll be rich and have my own island 🏝*
hasn't it been like 12 years? we're still early eh?
i don’t know when op said 3 years ago but the prices varied a lot so for some people it’s only 2x or 4x not the 13x, you would have bought like at the lowest point
if we can do 10x from here we'll definitely see a hyperbullrun where everyone will be like "take all of my money"
bearish we have 100x left at least
next bull run(whatever you believe) is likely when we see the real mainstream adoption start taking place.
hehe sure we can buddy
> u 2 years ago and not an intelligent comment in sight
actually i completely forgot, but if you wanna believe that, sure. i've been counting down the days...
nobody should ever answer that, it puts you at risk of being targeted by bad guys.
account inactive for 2 years now. probbacky saw the rise and then decided he’s a dumbass and left reddit forever. if only the chodes on the “technology” sub would do the same.
i know a lot of people who hold grudges for like 10 years or more.
most of the people who come to this market think that it is going to be bullish only.
back in 2017 i used to think it has well but in 2018 invested some and i am in profit right now.
things are different right now to any other market cycle, unprecedented times many keep saying. simply put, the fed cannot let interest rates rise, because you cannot taper a ponzi scheme. everything would collapse under the immense public and private debt that is piled up and owing repayments. so they are gonna keep printing insane amounts of money, buying up treasuries, supressing interest rates. they want you to think they will raise interest rates so you stay in check and hard assets don’t appreciate too much under inflation. but markets will stagnate and we'll probably enter a weird hyper-stagflation period with inflation and low growth. hard assets that protect wealth will sky rocket, and bitcoin is in this category.
you would think so, but the central bank steps in and crushes interest rates to the floor to try to get us out of the recession.
yes, also, in a super recession a lot of people will be unemployed and with no extra money to invest in bitcoin or any other crypto.
it was back in 2019 and 20 21 people used to talk about adoption now we think that it is reality.
haha yeah bud, sure it will.
if you had started investing investing then you are already rich and above a lot of people so just be positive about your investment.
just buy now and hold for 3 years look back and you will be happy.
i think back in 2019 it would have made you rich if you invested .
it was always like that all of it business was meant to die one day.
i know right he was holding on for more than 3 years, he deserves that.
he was just holding in for last 3 years and waiting for it moment to arrive.
i know right even i was thinking about that people just are very weird here.
he just want to prove that he was tried to be honest.
how many sats are you going to need to be rich?
that's going to be a bet dream for people like us, i wish that happens sooner.
man was already prepared to win that argument 3 years ago xd
dude it is a non crypto sub what did you expect
this is what i have been looking for a lot more time. thanks!
interesting because thiel said bitcoin was the best investment of this decade and compared it investing in faang in the previous decade.
yeah, mad props to anyone on that crusade :)
haha yeah bud, sure it will
prepared for that bro, let us just wait and watch the upcoming crash.
you seem like you would be the bully's pet friend in high school.
that thread from yesterday pissed me off. seriously we are in a tech sub you'd think people would do some research.
but it did not...
yeah that is the strategy of alll the crypto price analysts...
dude we will reach that era many more times, just wait for the future.
think you don’t have a concept of what is “rich” having 10k spare to throw on btc isn’t even remotely close. 10k is basically the savings of 3-5 months of normal white collar work. era of getting “rich” off btc continues tk be present. if people can’t make themselves rich of a 100% average yoy asset then they are fickle and have low time pretence or have rocks in their head. the type of “rich” you’re talking about aka “i bought bitcoin for 100 dollars and it is now at 40k 8 years later. that isn’t investing. that isn’t realistic. that’s literally excellent luck and supreme conviction. none of those people back then (or very few) would be “rich” from bitcoin bexuse the idiots would have sold it when it went from 100 dollars to 500 or 1k etc. getting “rich” requires time and patience. a skill the unwashed of reddit don’t get.
yes, people take opinion in wrong way nowadays, we should just ignore them
nah. arrogant people get what’s coming to them. idiots in that old thread stink of self importance and like their opinion is all that matters. love op shoving their arrogant faces in their manifestly **wrong** opinion.
i hope he has a lambo in his parking lot now, i want to see that too lol
yes, still hodling, it’s going much further
he maybe sitting on a lambo or some sea ship and enjoying the life.
if you buy my 12-week course and “haha yeah bud, sure it will” t-shirt, yes.
untrue. i've commented and voted on threads 6-12 years old. i do not know how the archive process works anymore because i used to think the same thing.
tough crowd here eh.
you’re not funny lol
only if you sell low? patience is key.
three weeks on reddit, throws random insults. who has the mental illness again?
to be fair he done !remind so i doubt he thought about it for 3years
for getting rich you need to hold for a particular time, that is the secret
well we should ignore these things, it just need to reach everywhere.
yup mate, you just need to invest in it and wait for some years.
i keep thinking 2002 was like 10 yrs ago...
no it is 15 days to slow the spread then back to normal
agree 2019 is last year and 2000 is ten years ago… these measurements are permanent
it's still that same year, and will continue to be until this pandemic ends (which it most likely never will if a large chunk of the country do not get their heads out of their asses)
"you cannot make people like you. you just have to wait for hating you to bore them." -- beth
and oddly specific, where is that from?
we aall do remember it in a different way here buddy.
story of my reddit username
if he invested 50k 3 years ago and it went up 1,300% he would have 650k today. you cant get 13 houses for that
why would he have 13 houses if he invested in bitcoin?!
i think we are just getting the 1000 plus percennt of investment.
they set a reminder on the post... can clearly see it in the screen shot
maybe they just did a search for terms because they remembered this interaction? idk.
his advice says it can make you rich, obviously in context of how much investment you are able to make. someone with only
yeah, i usually go into financial matters with a thesis, an understanding of my true risk tolerance and a calm head, so i cannot really sympathize with folk who are fervently in favour of a thing but do not follow though with things to the very end. (changing realities aside)
fyi u*still* make you rich
wait is he really, i’m too lazy to check his history.
oh look a crypto guy who loves the establishment narrative that is been a failure every step of the way, your in the minority hear clown
based on what? his last comment was 2 years ago and i saw no comments related to vaccines.
this is fake news, the account last activity was 2 years ago.
how did that post to reddit after 3 years though? i thought threads are locked after 1 year so op wouldn't have seen your comment.
you ok though man, like mentally? genuinely asking cause i'm not sure if you did this as a joke or you been burning up for three years due to this.
"it must not, i repeat, it must not turn into an all-night rave"
it's mostly jealousy in my opinion. they feel like they "missed out" so they call it a scam to cope with that fact. in reality if they could go back and invest they absolutely would.
fwiw i went and upvoted your comments on that thread! out of all the ignorant keynesian responses there, this was one of my favorites because of how completely backwards it actually is: “cryptobros are just the same as the sub-prime mortgage brokers who thought they were the shit back in the early 00s”
and then you realize all subs are at about that same quality regarding different aspects
"haha, yea bud sure..."
you just issued this man a death sentence
> i predict you gonna have a future does a nuclear winter also count ?
sure but there’s future opportunities and going from , because you don’t make enough yet to have lots of extra money to invest. make it past that first million and it gets way easier to continue getting richer, if you’re still working now you have the investment returns on top of your normal savings to invest. and it just compounds out over time. someone who manages to get their first million by 40 can retire a pretty legit multimillionaire if they’re not idiots with their money. so even if you “only” make ’s a huge step towards financial freedom
that's a tough call, because he is already dead.
i aspire to your level of pettiness
haha yeah bud, sure you will!
yes me too...but i do not have any fiat left to buy btc
i downvoted you for caring that you got downvoted 3 years ago
where do you think the price be in next 3 years?
well, you’ve learned an important lesson about the economic value of reddit votes. try to keep it in mind, especially when you’re considering the economic value of upvotes, ‘cause it’s the same!
fuck it, count me in too
admins removed the archiving feature.
can you loan me 100k ill pay you back in 3 years when im rich.
it is a well-known fact that when the market grows only the billionaires are the one who get profit by it.
if you have .
to be far, there is also alot of stocks that have done similar or better returns since than so btc is hardly unique in its returns.
if capital investment is high then you were probably rich already.
i, and probably so many others, can relate
stayed for the memes here... kekeke
upvote your, down vote him to balance the universe
are you implying it should have caught on _even faster_ than this? i thought all the long time holders were pleasantly surprised.
yeah 12 years, so old for an entirely new technology and monetary instrument, it’s boomer coin jfc dude
most people i talk to irl still think its a scam.
this sentiment is what's starting to get to me. it feels like so little has happened in the past 5 or 6 years that proves to me that bitcoin will go mainstream. it reminds me of like a mod for a video game where the developers are working on it in their free time. updates are few and far between
even though it is just 2x still it is a too good of a return when compared to rest of the available investments.
damn i wish this was actually possible with how high the market cap is rn
at that value, who would buy it? what's the value of something you cannot sell?
somebody says that every cycle
i think that he is here with some other account and watching this all happening.
it's the way the website is set up. moderators, comment history, rules made to lean toward "classroom etiquette" inevitably leading to the same type of immature behavior you see in adolescence. ' you do not find this in other websites where people are free to say what they please, because usually the illogical people get hounded or laughed out of the room before they can hide behind admins and site rules.
depends on we’re you live and what’s your definition of richness is and most important at which point in time. today: i would say at least 100 btc in 2030: maybe only 1 btc is enough in 2100: you could considered to be rich with only 0.1 btc.
these kind of people are running the world, i do not know about governments.
i don’t know what thread and honestly best i don’t know. i stopped even bothered with that subreddit. they are just mainstream sheeple who seem to thiscuss nothing that’s legit bleeding edge
and at the end of the day this is what matter the most.
that's right we should always reply to these morons if they are wrong.
what in the yellow colored teeth, rotten gums are you on about?
that makes it even worse, though
close enough — if you measure in decades, then you’d only be off by just one!
it was. 10 years ago 10 years ago
lmao i remember those talks
the hammer and the dance would be a good title for whoever writes a history book about this whole sad saga
there's a difference between perceived experience and looking at a calendar.
>(which it most likely never will ~~if a large chunk of the country do not get their heads out of their asses)~~ ftfy
you can get like 15 houses in nigeria for 650k no?
and if you have 50k+ rdy to invest into a single asset, you probably already have a house... or several. by now, to become "rich" with bitcoin and not make it a yolo gamble with way too much exposure, you pretty much need to be rich already.
i figured it out now my bad, am new to reddit. was not aware of reminder bot. thank you though.
i'm like super new to reddit, someone just explained the reminder bot to me in another comment. my bad on the misunderstanding.
let's be real, he will just continue to double down on his ignorance
it will for sure.
uwu has not posted in 2 years, likely a dormant bot
he hasn’t been active in 2 years.
a lot of their comments are largely downvoted mainly due to them being rude or a complete ass for no reason.
well you are actually to teh point here buddy, not sure at all/
> your in the minority hear i like the establishment narrative also, you should try it, it is the best narrative out there. we might even be the majority hear.
i've seen threads allow for new comments on old threads. i think they changed it
yeah, i thought so too, but gave it a go anyway after the reminder and was pleasantly suprised. maybe reddit has an excemption for bitcoiners to rub it in.
i think that restriction got removed or something, i'm surprised at some of the old threads i'm able to reply to. i think its at the thiscretion of the mods or whoever manages the subreddit.
dude there is an ongoing comment party in a thread about [willem dafoe's intimidating cock](
it's now a subreddit controllable setting, so the mod of each sub can control whether to allow commenting on an old post.
inflationary economics are still taught at almost every university. most of them probably paid good money to be taught it. i sure did. it's tremendously embarrassing to someone who otherwise considered themselves a free thinker.
if one could go back and invest, that is basically free money. so i do not think this is a strong argument as everyone would take free money.
appreciate it. i do not mind the downvotes though. but at this point it just seems pointless to even argue for bitcoin on any other sub.
!holdgrudgeforme for 3 years
being dead would not automatically thisqualify you from running in 2028.
yeah we all will! let us hope for the best in the future.
i upvoted you for your downvote. surely that puts the universe back in balance again.
count me in as well buddy, i want to join this too.
wow, no shit. when was that?
i profited last time it grew and i'm not a billionaire
we all can literally relate to it because we all are in the same situation.
well most people are fucking idiots
og star citizen backer here. lol. "we're still early" is often laughed at by "no coiners" because it seems like we're perpetually "early" for a crypto reality that might not live up to what some people are envisioning. it also underscores how foolish the concept of being an early adopter of something is; it is not a level playing field... failing to get in on crypto tokens should not make somebody relatively poorer, because tokens themselves should not be things that perpetually grow in value; their spot value should reflect meaningful transactions between parties in the present. and the idea of rewarding early people with the funds of new people is one of the driving factors how "ponzis" work. mind you, this exists all over the speculative stock markets, but i digress.
i’m going to try to keep this respectful because you clearly have a inaccurate assumption about bitcoin. but why do you feel the updates for btc need to be more frequent? also just as a side note btc actually gets quite frequent updates. i suspect what you’re trying to say is “why hasn’t btc changed” because it’s not meant to? it’s the most secure digital asset in existence with a finite supply. that is **all it was ever supposed to do** people who have money stores in bitocin don’t want updates done all the time that might potentially fuck with 1 trillion of stores value. they are methodical. slow. and well researched and tested. with respect you do not understand bitcoin very well and what it does. it is not a smart contract platform. bitcoin is securiity focused and has never been hacked and never will. because it needs to be bank grade secure to be a store or value and value transfer mechanism.
it’s a very good investment with bitcoin. it has proven that. i’m just saying there is no point exaggerating which the community seem to do all the time. we can see bitcoin is a good investment we don’t need “omg 10000% gains and hitting 1 million dollar next month” post every day
the value is its the only asset on the planet that is truly scarce and has a fixed supply. it has no top. at this stage people would not be buying it silly, they will be working for it. i advice you do minimum 100 hours of bitcoin education preferably 1000. if then you still do not get it well i'm sorry i cant help you.
100 btc now?! man i’d be happy with just 100k which would solve a lot of problems.
2100🥺 that is too far, i'll be dead by then, on a side note i have enough btc to retire if i lived in the future.
mate i think you are bearish. 0.1 will be massive in a decade or two
. they do not even have an argument... all this tells me we are early if a tech sub cannot even thiscuss crypto.
that's what i'm thinking. because it is not consistent. if i search google for something and a reddit thread shows up, sometimes i can upvote and comment (and i'm surprised and find other users *also* surprised in the comments lol) but then other times it is totally archived and locked.
lockdown should only be a couple weeks
true. that if is kinda like saying "*if* i can invent faster than light travel this weekend with only the resources of an average grade school in 1912..." it's never ever going to happen, and is utterly impossible.
damn. you’ve never been to nigeria. it shows. you can by 13 trailer park - houses in the backwoods towns of usa. the ex-coal mining towns. dirt cheap there.
i thisagree but its all subjective. you just need a long enough time horizon. sure you wont get rich in 3 years but 10, 15? thats a bit more possible. all working class people tend to work for 30 years and then retire. btc would help on that mission at least thats my plan
no, you can just invest ten percent of your earnings and wait a decade
i actually have not get the things out of the mare man.
actually i did not even see the reminder bot in the ss. hah.
!remind me in 3 years
we'll never know. he tipped his fedora and left reddit 2 years ago.
i know right seems like he was a rookie at that time.
his last two comments were ' **im pickel riiiiiiiiiiiick** and *tips fedora* ' 'nuff said?
reddit changed that recently for all posts. you cannot reply to [the first reddit comment]( though because all the stuff before subreddits is still locked in that pseudo-subreddit.
works amazing for holding grudges!!
i've encountered some people who are so violently opposed to cryptocurrency that they actually might not. but no it is not an air tight argument, just the musings of someone trying to kill time at work.
i never thought of it that way
that was sneaky man!!!
no, it isn’t. someone with a net worth of ’t going to put . a lot of it would typically be tied up on their home, maybe a 401k, etc, and generally they would spread the rest of their money out into at least a couple investments.
i've been in bitcoin since 2011 and it just felt like the pace of development that is useful has fallen off a cliff. like what can i do now that i could not do 5-6 years ago? only thing i can think of is reducing fees with lightning. the barrier to entry of getting fiat from a checking account to bitcoin software wallet is relatively unchanged. and now with the development of venmo and cash app it is lost its usefulness for peer to peer transactions that it had years ago.
100 hours of bitcoin education? yeah no fucking thank you. also the idea of working for something that is finite and can (and will) be hoarded? what are people going to work for when there is nothing left to get?
that's the difference... 100k in usa is decent amount but not close to retirement.
as i said it depends on your definition what rich or wealth means to you. i would say with 10 million today (100k btc) you are wealthy but not rich.
that was just a guess 😄 maybe 0.1 btc is enough in 2040. just look at the blocksubsidy for the next couple halfings. i think that is a good way, at least for me to say how much you will have in the future.
it was in fl
when you grow up you will notice that the rate at which you perceive the passage of time compresses. a small boy may find it hard to understand.
yeah i was never to nigeria. but i stand corrected, you can actually get just 5 houses in a cheaper location of nigeria; according to , you can buy a house in enugu for approx. ₦53,700,000, which is around 129,553.68 usd, so for 650k you could theoretically buy 5.01722529225 houses there.
they set a reminder to check in three years who was right?? then shared it??
i'm just here for the screenshot
well bitcoin blockchain seems to just stay as it is, arguably for good reasons, and the developments that take place are either hard forks or entirely new blockchains. bitcoin was supposed to be a peer to peer payment system, but it is inherently bloated so it cannot scale...so institutions benefit most from that tech the most problematic thing for the fundamental reason for crypto i've seen is the reliance on cexs, but personally i'm a utilitarian, not a maximalist, so centralization is a.o.k by me
huh, i’ve always thought “rich” as something below wealthy, as in wealthy people are set for generations with everything they need and more, where a rich person just has money to blow on material stuff but would eventually run out if they aren’t careful. i guess it all depends on your definition like you said.
well thanks for your information here buddy, we do need this.
i was thinking in the realm of the average town in usa so i should of specified.
looks that way... and?
hey!! include me in it too 😛
that may seem right 😅 english is not my native language. to me wealthy means well settled - money in not a problem. with rich i mean crazyrich.
some guy on reddit makes a meaningless comments about how times flys and you actually take the time to argue about it. and you ask: > i dont get why people say this, 2 years is 2 years, if you are able to, explain please and when someone takes the time too explained it to you, you reply: > no shit sherlock. are you just trolling or something?
we really do. can someone create a nigerian house converter bot based on the current average market price in enugu?
sorry to be that guy but \* i should have specified yeah in usa you'd have to do some magic to get it haha
i would have a lot of reminders if i set one for everyone i thiscussed an investment thesis with. if that was someone i did that with often i might.
haha no worries, it is not my first language either so i could be wrong. :d
go to the android subreddit and talk about how good iphones are if you really want to troll.
my wealth is in assets and cold storage, and i'm in debt to the bank xd
we need rental places starting to accept bitcoin :/
lmfao this gif fits perfect
this is exactly what im talking about, your keys your coins
the only reason i even have a bank account is because my employer requires it for direct deposit. the only reason i do not withdraw my paycheck in cash as soon as i get paid is because cash is filthy, my debit card is more flexible than cash, and i need funds in my account to use paypal. if i could replace all that with a wallet app, i would do so in a heartbeat.
jerry is the king...wait, what are we talking about?
and how are you going to keep buying crypto or cash in on your crypto?
they'll repo that nice jacket.
i guess that is why i am not afraid of their shitty lectures.
that's right, take some loan and invest more to reach god level.
serious question. what if the government knocks the internet access, what do we do with our bitcoin?
they do not know that we do not have any fear in us bro.
is my debt also frozen
thank god for bitcoin
than how do you pay your bills? is power company accepting btc?
freezing my debt sounds ok
well then my credit card freeze with it. good thanks!
haha! jokes on you, i’m broke!!🤣🤣
me waiting for them to seize nakamoto's wallets
the uniform he’s wearing is what did it for me
amen brother, who in the fuck holds money in a bank anymore?
me with cash and a safe not giving a shit.
hey bill collector, the gov has my money. yeah, you'll need to call them now. k byeeee
i left the bank account in the cold a long time ago. now they want to freeze it ?
then they freeze you wallet...
this was probably made for poor people though not bitcoin holders
because i threw it all in btc...😎
hahaha who ha money in bank this days?
and in the meanwhile, they can help me pay the deficits i owe to the bank for not keeping a minimum balance 🥴
your keys your coins. xwallet and kaddex for me...kaddex is the first ever gas free dex and xwallet is their super secure wallet. let me see they stop innovation, not a chance.
freeze my private key nuts!
damn this stuff is fucking relatable, i want more like this.
inflation is no joke
"how can you freeze which that is empty ?" -some bitcoin millionaire
😂😂😂 literally...my account reads 1.87. my assets are tied to my crypto, ira, and other trading accounts. fuck banks, feeeze them if you're feeling 🥶(😂😂)
let's gooooo!!!!! - anywhere xddd
can they confiscate my couch change?
nothing to freeze… so let it go
what are my options as a canadian who doesnt want a bank account but has a mortgage and a job that pays by direct deposit?
they will take your cash and take your life.
i mean yeah but i have , and i am a bit of afraid now.
governments cannot harm us and we all know that shit.
this was a good meme after so long in this subreddit.
the next step is having only loans in your bank account that were used to buy bitcoin. i hope they freeze mine.
i have so many crypto exchange accounts, it must be lots of work trying to freeze them all. they wouldn't get much, i got it all stored on cold storage lol
lmfao i do this think i have 100 bucks in my account until friday 🤣
that's right, we do not need to worry about anything lol.
i keep seeing it reported the an ontario superior court has ordered an injuction that crypto donations have been "frozen". being a long time bitcoin user i'm confused. has the rcmp cracked sha256? was the money kept on cex wallets? did the people controlling the listed addresses voluntarily hand over the private keys? or is this just wishful thinking and sloppy reporting? i saw this on coindesk and cointelegraph.
i'm sorry for being negative, but i am looking for ideal solutions. the banks could demand proof of purchase when crypto is exchanged for fiat. if it was bought with kyc = no problem. theoretically, the state could demand that crypto exchanges no longer accept transactions from certain wallets. the transactions of the wallet addresses can be tracked on the blockchain.
bitcoiners barely have anything in the bank. i beg you to freeze it for me saving me the time to close the account.
hey... me too bro :) *:high\_five:*
that's my brother, we are brothers from another mother.
my wealth is at the bottom of the ocean, from a "boating accident" of course xd
true , interest rate for stablecoin is much higher then most bank fixed deposit
this is what the wealthy do!! they hoard money and live on loans.
i offered to accept btc for rental payments for years. no one took me up on it. since 2018 i've used a management company and they probably cannot spell btc so i cannot offer that any more. i think it is unfair that a job pays you a month after you complete the work while a landlord charges you a month before you live there. in my dream version of the future you would stream rental payments to your landlord and work payments would stream to you in real time instead of being one lump sum per month.
isn’t there milo, a crypto mortgage?
even i need that, it is my dream to pay rent through btc.
i have not seen something better than this meme in a while.
that's why never keep your money to any kind of banks.
that's just like me, i got a bank account because of my job.
isopropyl alcohol bath once a day to kill germs. does the card still work after that? let us know. sincerely the mad doctor of wall street
dd to cash app 🤷🏾‍♂️
even i was looking only to jerry, he is the real king.
he will get paid every month and then he will invest more simple.
this guy ben cartwrights
lost all your bitcoin huh? sorry dude.
the guns still sounds better than keeping your money in the banks.
they cannot touch it, i just farted over my nice jacket, thanks.
then that same government would have a lot bigger problems to worry about than bitcoin
what do you do with your fiat bank account in that case? lol. exactly nothing. at least bitcoin has sattelite and radio options.
ask yourself, will the government shut down the internet permanently? maybe, but very unlikely. don't forget legacy financial system requires internet too. debit and credit cards are used far more than cash. they could shut it down temporarily though. they did in egypt during the arab spring. to hold you over you should have some cash handy and probably some gold and silver in smaller bullion form (dirty words i know). if you are really concerned, keep a stock on liquor, cigarettes and even illicit drugs, things that are small, valuable and easily trade-able, even in apocalyptic scenarios.
you put your seed phrase on a letter and snail mail it to me.
it's not going to happen anytime soon so do not worry about it.
always going to be internet. impossible.
most important thing is: right after internet is back, you have your money again. you only lost internet, not your money. your coins are encrypted and saved in the blockchain. your keys, your money.
bitcoin is the best creation of god, i cannot thank him enough.
maybe he is living our dream or maybe he got some cash.
not just okay but it sounds pretty good to me my man.
sometimes we need to adjust ourselves for other important things.
this gifs fits perfectly with the text, indeed that is a good one.
well they do not even know where do he lives so they cannot.
that is a legendary uniform, i want to buy one soon.
stay strong and keep holding, do not trust these banks!
wait for sometime, they all gonna start appreciating us and still we would not hold fiat.
i've walked in to so many businesses lately that are no longer accepting cash... oth, all the chinese grocery stores only take cash. dodgy bastards! 😂
it's good to have some real cash rather than holding in the banks.
well you can still pay the bills with real cash cannot you?
this is the game where cryptocurrency holders gonna win everytime.
we should just be like this guy, the life will be beatiful.
we should say "do whatever the fuck you can with my account".
yeah. good luck with that.
nah i do not think so, government cannot do that yet bro.
lmao i do not think so, poor people can relate with it but no.
that's the only way to beat all these politicians and banks.
looks like we all are having fun with these gifs here lol.
that's the real question, people should not keep their money there.
fuck these kind of banks man, get a zero balance account bank.
that's the way, people should think like this with their money.
we gonna keep our money in investments, they cannot harm us.
the rcmp never posted anything about it. it's just fake news. check yourself. for example, the freezing of crypto addresses was just some photoshopped tweet by 'no bullshit bitcoin' claiming its what the rcmp posted.
not fake news. they released a whole list of every associated crypto wallet, + ones associated with those. do not let people trick you into thinking you are this secure. the open, transparent nature of wallets is *seriously a security risk*. in this regard. if it will let me post it, here is the injunction. [ the order is to *not move funds out of any of the accounts*. since they are transparent and easily trackable, this is easy to see. if any wallet has funds move, they will charge with contempt of court, most likely. some of those wallets are still getting small donations. when i checked all of them, none had moved any, as ordered. i do not know if they have now, do not wanna bother checking again ' p.s., i checked most of the wallets and there was about 6.5 btc in them. at the exchange rate as i write this comment, that is about 250,000usd.
dude you deserve those downvotes, do not ruin the mood here.
how do they buy groceries? how do their employers pay them?
i'm starting to learn that there is a lot of ignorance in the crypto circles lulz.
yeah again we can see that you are hating on us, keep it up.
it would be entertaining for sure if we got jerry on the screen.
not just you but most of us are in the same team man.
are you a pirate?
looks like you were in the sea since a pretty long time.
glad to hear that, do not let them win this time brother.
yup, people just need to take some risk at the starting.
what work is the landlord doing lmao
do we have that kind of a place in united kingdom??
meh, got to have some money in banks for day-to-day stuff. keep your crypto in your cold wallet if you can.
how do you get paid if your bank account is frozen?
cartwright! party of 4!
he is just like my ben uncle, oh wait...is he the real one?
that sounds like a nightmare, i hope i would not be in his place.
i will start a fucking riot if they ever touch my bitcoin investments.
"honey, that stash of coke and pills is a stash for the apocalypse, it is gonna be currency trust me a guy on the internet names chucktheschmuck told me, and that guy preps" seriously great advice though haha maybe add a container of gasoline or oil to your list
looks like it is not going to happen, glad to hear the answer.
debit*"internet"* as zoomers know it they use old dial up, which are now *really defunct*. they could easily shut down the interbank system. pos and atm machines go out of service all the time temporarily. it's annoying. that's why they are fucking slow.
one thing that apparently does really well in those sorts of situations is lighter fluid, it is really useful and smokers as well as people who do not smoke and want to use it to start fires for heat or cooking will all really want it. both useful and good for trade.
interesting, never heard of them before.
this is not true at all lol power grid could go down, internet could go down, a solar flare could hit at any moment and pretty much send us back to the stone age.
well that is not the whole truth, we can see something like that.
this is not good bro, they should accept cash and stuff.
see above. seriously, telling people this is dangerous, since it is not the point
first of all, thank you that is exactly what i was looking for. but i just checked a handfull of addresses in each item, it is true the ones listed as belonging to benjamin dichter have not moved, but addresses from the other items listed that i chose at random were all empty.
ignore this dude, he do not know anything about bitcoin holders.
people are ignoring these people which is a good thing.
yeah he sounds like a pirate from those caribbean bro lol.
get paid in bitcoin
party? where is the party man?? am i invited on that?
still do not you think that he is on a very good path mate?
makes sense to me! i was mostly making a joke. mind if ask what general area you bought land in?
but land can be confiscated by the gov.
that's nice, i hope i would be that kind of a wealthy guy lol.
not sure about gasoline, i would prefer oil for sure lol.
truth is, a western nation can’t just knock out the internet like so many people think. nvk talks about it on the most recent episode of [the investor’s podcast]( banks, ; flights, literally everything runs on the internet. if it was cut out we’d pretty much have to shut down.
i can understand but people would not sit quietly if they ever did it.
it's possible to manually exchange without internet. still, it would almost certainly revert to a barter-based system anyway, so it is kind of moot.
i've learned to just leave people in collapsing elevators lulz. it's never worth the trouble to tell them to step out.
dude i’m speaking in regards to the government. not a natural thisaster.
delusional. there’s always going to be a form of internet access. quit with the conspiracies. it turns people off from bitcoin. you all sound like nuts.
individual businesses can choose what they accept and refuse. if they do not want to handle cash, that is up to them. if they do not want to accept btc - that is also up to them.
spreading false information with the purpose of promoting anti-governance just so more people invest into crypto is dangerous, yes. all it takes is for it to catch on to some radical individuals who truly believe in what they have been seeing, despite it not being the reality. it gives people a strong belief in something that is not true. those posts (specifically those ones) ideally should removed.
yeah a lot of them were empty. i imagine that some were just change wallets or random empty ones, i have lots of empty ones they could probably "identify". and i'm sure they were heavy handed with this. i went through and literally checked every one the very first address is the address on the website here [ it had only .09 when i checked it before some days ago. now it has .11. lol ' i actually put them all into blockonomics. i almost forgot. [ seems like they mostly followed the order.
and why is it good for society that people are "risking it all" by being landlords. im so sick of this excuse being brainwashed into us. there is not a risk by being a landlord.
there's no risk lmao they just have to buy some property in a decent town and wait for population dynamics to do its thing. then they can use their property to extract capital from people who actually generate revenue through work
employers that pay in bitcoin are rare to nonexistent, but let us say he does get paid in bitcoin somehow, how is he going to cash in on that bitcoin and convert it into money ? you do understand that you'll eventually need money to survive, right?
tell me when you find the real meaning of that word lol.
he sounds like a pro person here, i am happy for him lol.
i can agree with your words here, it is nearly impossible.
you did great and maybe i should do the same in my life.
they want this dystopian future where the government suddenly wants to control everyone and the gov shutters in fear as bitcoin users are still making trades as if that is not the least of their concerns at that point.
i added more info above in the other post as well as well
not in el salvador. it might be the first country to move to the bitcoin standard, but i doubt it is the last. you could also buy a tesla for bitcoin for a time, and i am sure elon will bring that back. more and more retailers are accepting bitcoin. it just keeps growing and the government cannot control it, it is great.
know a guy who lives just north of tampa florida with hundreds of acres. he pays his mortgage every year off the money verizon pays him for a cell tower on his property alone. i’m glad you own something like that.
yeah some of these people on this subreddit are delusional.
so, he will wait for elon to accept btc again and buy a tesla and drive it to el salvador where he will live happily ever after off bitcoin?
people are so intelligent that they got something like cell tower.
doesn't seem like a terrible plan actually or alternatively he could buy hundreds of teslas with bitcoin and then try to sell them for cash.
sure he could, if he is bitcoin rich (and few people are) not even 0.001% of the population own 1 hole btc that is now valued at . (if tesla accepts btc ever again and not some other crypto). so even if he buys an older tesla model he will soon starve to death and be bitcoin less before reaching el salvador. and that is assuming people want to move to 3rd world country just because it accepts btc asegak tender. are you beginning to see now that this alternative story is so unlikely and has so many assumptions and what ifs that it makes harry potter look like a documentary?
>are you beginning to see now that this alternative story is so unlikely and has so many assumptions and what ifs that it makes harry potter look like a documentary? no, because the fact that this alternative story is even possible is absolutely insane. that is what people do not realize, we are so freaking earlier. the bitcoin wp came out in 2009, and just 13 years later millions of people own bitcoin, thousands of retailers accept bitcoin in exchange for goods and services, and an entire freaking country has made bitcoin the national currency. the rate of adoption is insane. you're over here complaining about all the crazy hoops someone has to go through to use bitcoin. i am over here amazed that it is even possible.
ok, the point is obviously not getting through, so let us try a different approach and please be honest. in your day to day life for how many of the following essential things do you or anyone close to you use btc: 1) paying for rent and utilities 2) grocery shopping 3) paying for clothes 4) paying of credit 5) receive monthly payment 6) pay for other essential goods and services be honest, do not give me hypothetical scenarios and hopium news about btc, out of the 6 categories i mentioned for how many do you use crypto and for how many do you use fiat currency?
i do not use bitcoin to pay for any of that but the fact that i could go to el salvador and do exactly that is absolutely insane. you are being critical of bitcoin's lack of practical utility when performing everyday financial transactions. i am amazed at how fast bitcoin is erasing that lack of practical utility.
ok so the answer is 0%. so basically with you bank accounts frozen, how would you get to el salvador and begin a new life there? assuming the next president of that country continues to use btc as legal tender? also, please elaborate on how bitcoin is >erasing that lack of practical utility. what is it erasing exactly?
i'm not sure there is any point in talking with you about this anymore. i've described the many iterative steps that have happened over the past 13 years since bitcoin was first invented that are allowing bitcoin to become a more practical form of currency, yet, you are still asking the same questions and arguing the same points as your original comments. you are arguing about the present as if everything will remain static without looking at past growth or even attempting to see the potential for future adoption. the fact is that as more places accept bitcoin in exchange for goods and services, the more practical bitcoin becomes as a currency for executing transactions like the ones you described. i still think we are very very early in that adoption curve. you think bitcoin is severely limited in its ability to be used as a currency right now, i never thisagreed with that assertion but rather have pointed out that i am amazed that it has as much practical utility as it does in just 13 years of growth. when i invest in bitcoin, i am investing in the potential for continued growth in the adoption of bitcoin as both a store of value to replace gold and a currency that can be used to buy goods and services. you are looking at bitcoins ability to do this at present and saying it is not good enough. i am looking at bitcoin ability to do this at present and saying that it is insane that it even has this much practicality after just 13 years and betting on that practicality continuing to increase as more retailers and countries accept bitcoin as a form of payment.
show us the volcano next
is there a video of the geothermal powergeneration?
5 years ago, to me, this would be a scifi movie scene where miners with hardhats enterinna room full of machinery, they mine bitcoins by the power of a volcano. we have really come far.
this is a really cool idea! i wonder if there are any other ways to take advantage of the volcano's geothermal energy to power bitcoin mining?
that's stacy herbert! max keiser's wife! they're in el salvador! wahoo!!! love their show!!!
am i the only one who is stressed by that cabling? for the love of god, get some cable ties! r
is that a bunch of s9’s?!
one must marvel at the bitcoin thistribution method from a game theory perspective .
what would yearly returns look like on an operation like this?
someone explain to me why these mining setups are not liquid cooled or refrigerated. the screaming fans have to eat into energy costs. i just feel like someone could engineer a much more efficient mining system than hooking a bunch of asic miners up in series. i say this because i feel like i've seen the same ghetto set up for bitcoin mining for the past decade.
i was just half expecting a velociraptor inside . lol .
courtesy of max keiser
if i had to guess, it is probably part of a power plant where instead of load following, they just turn on
wait for it...wait for it...and now we're at the end of the video and we're not standing inside of a volcano. so thisappointed.
amazing, i thought these miners have a built-in thisplay, but just a warning label
that phone is surgically attached to stacey's hand
can it run doom?
did you catch the twitter thread where nayib bukele roasted the old school financial guy? definitely a classic
that's really neat. interested to see how much el salvador develops from all of this.
sounds like a thousand screaming nocoiners. love it!
wish i had a volcano
i love how this is turning geothermal energy into sound money . so cool !!!!
to realise the massive project, along the gulf of fonseca near a volcano.
*this is the way. el salvador is showing the world how it is done.* your move, biden . for those who are looking for other examples of how this has been done with renewables (in the usa, by some in private industry), see [blockstream's initiative here]( (also reported on [here]( or [some efforts in wyoming by others]( but if the federal government were smart, it would remove all the legal barriers it has recently put up (including, but not limited, to those anti-crypto provisions enacted with u.s. congress's so-called "infrastructure" bill) and would instead develop its own bitcoin mining and acquisition system rather than encouraging the fed to keep spewing out more worthless dollar(s). (if it were up to the administration + congress, even something like the silver i just gave op would end up having to be declared by op and subjected to capital gains, registration, and permitting. we need to rescind the anti-crypto provisions asap, folks.) it is worth noting that el salvador's monetary policy and current monetary laws do not require people to only use bitcoin, but rather present it as a viable option, and one which is much simpler for people to enter without fear of penalty or reprisal when they utilize it for their purposes, while they can also use the dollar, and have other currencies available to them in financial institutions available for exchange. it is, in fact, their choice, and a choice they can make without being penalized with capital gains tax while making that choice, and without being subjected to demands they get a permit simply to use a currency of their choice, and without having to be denied the ability to use that digital currency or be scared off of it by overbearing regulators. it is sad that the level of currency choice and ability to innovate in el salvador (under the policies and laws now in place there) certainly exceeds that which can be allowed on a federal level in the united states, and only within one state in the u.s., wyoming, has there been an ongoing multi-year system of development to get state laws adopted sufficient to create a truly pro-crypto regime within the state to really enable a positive and meaningful business climate where the laws are sufficiently friendly for all crypto users, despite the ongoing federal problem with the dinosaurs in u.s. congress. currently, the boston fed is pursuing something called "[project hamilton]( - for a u.s. cbdc - and has been actively hiring for positions to fill roles for that project. all very interesting, but if the u.s. does not do away with the barriers to innovation that it has recently enacted through legislation, and if it does not itself become comfortable with acquiring and generating bitcoin, then it will simply fall behind other countries that are already realizing the value of doing this. the next few years will be perilous indeed for the far future of the u.s.a., and countries like el salvador in central america could end up being more influential with their monetary policy than the u.s. has if the u.s. continues to lag behind and create further obstacles to innovation and progress, which will simply drive people to look elsewhere for better solutions. for those here who have commented on el salvador's crime rate, keep in mind that it has made some improvements and that not so long ago it had emerged from civil war, and entered into a phase in which all participants received a general amnesty (albeit an uneasy one). a while after my service there was completed, the u.s. had suspended the u.s. peace corps program in el salvador ([the suspension occurred in early 2016]( but (if all goes well) the u.s. is set to begin the u.s. peace corps in el salvador again in 2022. this does not occur unless both countries agree it should occur (u.s. and el salvador, in this case) and typically takes years to arrange, and can realistically only occur if the conditions are considered basically safe enough for volunteers to operate in. so are there problems there? sure, yes, there are some ongoing issues. are people able to address those problems meaningfully? also, yes, sure, that is possible, because improvements have happened over time. it's interesting to note that the first u.s. peace corps volunteers to return after it gets started again will be [economic development volunteers]( *edit, p.s.: i was a u.s. peace corps volunteer in el salvador from 1998 - 2000.*
does el salvador provide hosting for individuals interested in sending there bitcoin miners over there?.
we will pump the earths core empty of heat to farm every last coin
can some one pleas explain the set up i mean the equipment shown in this video i would like to try and set up one for myself please
really cool, i expect other countries adopt bitcoin too one day
yup, its a trailer filled with miners and fans.
hopefully this is all “for show” because those miners should be packed much more densely and with more control of airflow. i’ve found that jamming my miners together and wrapping them in insulation manages airflow and increases profitability, while reducing downtime. buuuuut it doesn’t make for great photo ops.
my ocd is blowing up... that wiring needs help.
what wouldn't i give to get that one asicc miner man, they are beast
but how to deal with the problem of heat thissipation and constant temperature? in a closed environment, heat thissipation is more difficult
someone needs some cable management autist bad.
gotta be hard to keep them cool in a volcano.
what percentage does this make worldwide?
i can roughly count 240 antminers in there (6 from top to bottom, 40 from end to end).
so they do not even have to spend their usdt for it
how much does something like that earn a year?
there is an energy company in pa that is now mining bitcoin. we will see more of this in the us.
what is this, the opening to space balls?
in a closed environment, how to deal with problems such as heat thissipation, constant temperature, etc.?
credit to max keizer and el salvador’s bitcoin mining volcanoes
i see some empty rack space... think they would host??
at first i was wondering why they were wearing hard hats, but then realized they are miners
so are we bullish or what
isn't that lady max keisser girlfriend whose always attending his youtube channel
i realy hope el salvador manage to be successfull with this. i mean realy realy sucfessfull. it is showing the world as a country totaly modern in mindset and taking the risk of it.
can someone explain to a dummy like me what the hell is mining bitcoin?
i am proud that so much effort is put here and all over the world with the only task to protect my money.
god damn you reddit. the one video the sound does not fail for...
better than tornado cash! volcano cash!
in a few years all this will probably be compressed to the size of a fridge maybe. remember when computers the size of room could only hold a few megabytes?
can seeing a shit ton of miners make someone hard? asking for a friend…
sounds like that poor server in our comms rack thats been going for 10 years and offshore do not want us to switch it off
is that you stacy
so these are the guys making my gpu be worth twice as much as when i bought it even though it is a 2080 ti
the central american country is planning to build an entire city based on the largest cryptocurrency bitcoin.
then the valcanoe erupts!
ugh these bad datacenter designs kill me.
yay fuck the petrodollar, the imf and the oecd bullies
musk would’ve bust a tit if he saw this.
so you're telling me the earth is an engine, and we have been wasting the free energy potential this whole time
no wonder my mining income so low now 🥲
some day this is going to look so old school and ridiculous haha
ahhhh good ole decentralized bitcoin.
see bitcoin doesnt have to be polluting. its the future
that's the volcanode in el salvador. if interested, a great italian podcast (bitcoin italia podcast) documented the approach of el salvador with bitcoin as legal tender. here is a video about their visit to the volcanode: . sorry, it is in italian, but you can use the captions provided.
it's incredible how an already rich american couple sees the future of this country . of this revolution and yet 99% of people in es fail to see it .
my family has land with an oil well, a clever negotiation many years ago provides byproduct natural gas to their home for heating. i have no idea on the flow but i know it’s excess of what the home uses. would it be theoretically possible to use natural gas generators to power a mining operation? bonus points, the climate is really cold.
facts: el salvador plans to build a bitcoin city at the base of a volcano, with the cryptocurrency used to fund the project, its president has announced. el salvador recently became the first country to use bitcoin as legal tender
listen to them purr
with the short supply of just 20 million bitcoins, the demand and price for it will be thisproportional, i would say in the next decade .
power, wealth and humans let us see how this will benefit the locals.
that would be for el salvador, an economically free country without debt.
i hope they have good security because that lock will only keep an honest man honest.
be great, if the miners from kazakhstan relocated to el salvador which is green energy .
all you need to do is focus your electrical energy and you get some. no swift system, no fiat on-boarding, no embargoes. just bitcoin just sound money.
but i am wondering if the bitcoin bond is still a debt...?
i was thinking about that this is only one container, and this information astonishes me. the bigger the blockchain becomes, the bigger the community becomes, the stronger the network becomes, the nearer the decentralization becomes.
i literally pay zero in electricity 😂
wow thats really cool, i wish i had gotten into this whole mining thing a lot sooner... you guys have any tips as to where to start if i were to buy a btc miner right now ? i dont really have a volcano at my thisposal, but i do have a couple of thousands in savings... like what would a sensible person buy right now in 2022 ?
they already started mining?
volcano is not in the video
now drop this container in volcano to get full power of geothermal :) lol
that beautiful lady looks a lot like stacy herbert.
what a waste of resources.
they can greatly reduce that sound pollution by putting concrete blocks and a layer of foam between each miner and the shelf. right now the shelves are acting as sound amplifiers. sound proofing the walls of the storage containers would be wise too.
oh and it is even the good kind ! the one who are not stealing all the gaming gpus ! ^^
i cannot find anything on the internet about successful energy harvesting from volcanoes. is this a first of its kind achievement?
i low key hate mining farms like this. i hope one day bitcoin mining is achievable by everyday people
bullshit. that volcano is not active enough for geothermal. more propaganda and bullshit by their halfwit leader that would not even make the thisastrous chivo wallet open source. i never got chivo to work when i was there and just used muun and strike instead. bitcoin does not save countries, it makes sovereign individuals. i'm done supporting el salvador until they stop exploiting and embarrassing us.
this is the way. green crypto!
this is what i got in my basement. lol
the necessity to mine bitcoin will lead to the success of converting the world to greener and greener energy
as someone who builds containerized solutions for my mining operation i genuinely hate this design lol. still cool to see though
who else expected lava to pour out when they got that door cracked?
i remember back in 2012 when i mined on my home computer, now kook where we are, its funny how much money they are spending to cash in on this gold rush.
i hope volcano erupts burying it
is there a wallet for the government's bitcoin that the citizens can watch and audit the transactions themselves? how do we know bukele is not gonna run off in a few years with these bitcoins after enriching himself? i assume if there is one it is a multisig wallet
this is terrible they gonna use up the volcano! crypto bad ,crypto baaad
prove that this is powered by the volcano please…
i wish the us government was this productive. the uas government sells bitcoin well below market rate that they acquired through stealing.
so is this green then... cuz that’s my main argument against crypto
imagine chucking an incendiary grenade in there
all that power… so sad.
so that is where all the fucking graphics cards keep going
crypto for the corrupt government! yay!
so many wasted resources lol
i get cancer, when i see this. wow future generations will look at this and think how fucked up this is. like we look back at children working in factories 🏭
i've heard they are importing electricity made from fossil energy sources from other countries though. not that i'm against mining, but it is not as green as it seems.
seems line a win for the environment...
waste of power during an energy crisis lol
thanks guys. you're why graphics cards are 2k.
what an absolute waste.
what a waste of silicon…
this is really cool but this is the exact reason why our earth is getting worse for our planet i know everyone only cares about money but let’s just say for example you have kids and those kids have kids basically your grandchildren they will have to live in a more toxic place than you did and at the end of the day shit like this is killing our planet just an fyi for y’all foolish people but still that shit is pretty fricking cool
looks green to me 😏
so this is where my gtx980 with no cooler came from...
damn. how is a home miner suppose to compete with that?
where is the volcano haha
cool but i wanna see the volcano
yeah cool, gee if only there was a nyse listed company like hive that uses energy from iceland to mine.
that’s def stacey herbert max keiser wife
what a tiny little mine.
so, does that mean that bitcoin is about to errupt? haw haw :p
i thought the future was going to be flying cars and shit 🪐
where the volcano at lmfao
curious on the venting.
why do i hate this
so who pockets this?
all that and one 56k modem
all i see is headache
send that shit to kazakhstan!
why keep them in a closed box? seems like they would overheat easier
someone tell me why every mining rig looks like absolute dogshit junk made by some scavengers
please oh please let me come in there and build a hot.
that seem very hacky. why is it in some shipping container standing on some slabs in some parking lot? why is not it in a properly climate controlled room with better security?
now do one for ice in antarctica
there’s zero chance i’m ever gonna understand this shit
yeah, this makes total sense
why does it stand right in the sun?
those look like antminer s9s...
i think shipping container facilities for crypto mining will become more common as the economic politics of mining evolve. like miners moved from china to kazakhstan, but currently unrest in kazakhstan will mean those miners will need to move again. having the whole facility ready to ship is an asset.
max and stacy doing the tours?
does anyone know what models those are?
checks spot price. pulls plug.
that wiring job is atrocious
lol the hard caps
how much money does that cost ! wow
i always see videos of mining but where is the video of the actual process, is there a program that you use to mine? why so many computers you would think the micro chips we use nowadays could handle way more then all these big processors.
volcano pics or did not happened
i don’t understand bitcoin still
what cooling system did they use for this?
welcome to the hive!
why is this in a shipping container where it will become a microwave oven under the sun...does not look very efficient!
shit if only i was rich
wow what does a massive setup like this generally bring in , in bitcoin?
the cable management is a nightmare
already up and running? huh. color me impressed. are these locked into bmn?
it’s nice to see bitcoin will purely one coin to remain 100% privacy and pow with everyone getting on board. other altcoins trying cannot even stay at pof and some already at pos. with 40% controlled by owner. nice to see bitcoin the only adoption for lot billionaire as first # 1 pick.
oh yeah that is great for the environment. very eco friendly
you have talked about el salvador so much that i feel very exited to go and visit the place asap.
if this is legit, its unreal!
impressive! my small country, leading the bitcoin bonanza in the world!
nice! to think this is just the beginning. way to go elsalvador!
are they s9's? some people say they still make up 20% of the hash power.
wonder how much bitcoin that mine rig mines every year
jesus h christ organize those cables!
still an enormous waste of energy… btc needs an update asap
geothermal is 25% of es's energy production. how do we know this uses that as the only source of energy?
this is just horrible for the environment.
i hope this bit coin fails for humanity's sake
what an incredible waste of energy this is
well fuck my ozone
this use of energy would be fine, if el salvador does not use fossile energy on the coast
so much energy wasted…
better than natural gas or diesel powered generators servicing a server farm in the city because electricity is too expensive at least. bitcoin's as "green" as any electric vehicle. energy intensive and secondary harmful to the environment
i wonder if we could use this electricity for something more worthwhile…
this is like making buggy whips. nobody wants them.
now i know where are the micro chips are
that old lady has no idea what's going on
what happens if the volcano explodes?
wait till presidente bukele absconds with all the countries funds should learn how to read a chart and see that btc is continuing its decent from it is ath back to the 20s if not 18k
why you posting this like its new information. this is , this is yesteryear's news :d
i wonder how much that operation cost? and how they are feeling now that bitcoin is crashing?
not quite the sub terrain dr. evil-esq volcano mining lair i imaged, but cool nonetheless!
i guess they still have goats to sell after the crash
bitcoin is useless nft scam for idiots by idiots.
amazing! this would not affect the environment negatively, right? 🤔 hoping more crypto will be up for this one, especially vent. gotta hold longterm on this, just like btc. seems like a very good investment. anyone used its vent up launchpad here?
"not safe to build next to a volcano" lava will melt everything...
volcano bonds are the tech bubble (as a culture) on steroids.
it must be very hot in there. how do they cool it all down?
here it is a video so in spanish bro the volcano geothermal was builder 1972
we have been doing that for a while using geothermal energy. but don cerote makes idiots believe that this is new.
a \_dystopian\_ scifi movie
reminds me of that scene in 2012
it sounds sci-fi indeed, looks not that impressive though lol. it's still cool though if it is true
it aims to issue the , also called the volcano bonds.
they use it already for power but it is being severely underused because there is not much demand near the volcano. as many of us "maximalists" have said, bitcoin untaps every possible renewable energy as the electricity does not need to travel great thistances anymore. those rivers in the middle of nowhere suddenly make sense to harness. bitfarms is doing great work in this field partnering with hydroquebec and now expanding into other countries with renewable natural energies like chile and argentina.
> i wonder if there are any other ways to take advantage of the volcano's geothermal energy nope, bitcoin mining is the only use case. god himself created volcanoes only because of the later bitcoin mining. took a while until mankind was ready but now a new era has begun.
they're building a city to make use of the volcano power, financed by volcano bonds.
technically, you could put your dick in it.
i’m skimming through the comments and i don’t think anybody noticed that. somebody called her a “miner” in another comment lol
i was about to comment on this! <twitch> my ocd is kicking in watching this vid <>
i literally wanted to buy a plane ticket and go fix those cables... horrible
provably huge. mining bitcoin if you have a cheap energy souce is very, very proffitable.
if you have free power or nearly free power it is worth it. if you have to pay money for power, it is not really worth it. i ran a hobby mining datacenter for several years and while we made money, we would have made more had we just bought and held the three coins we mined rather than try to mine it ourselves.
i'm thisappointed no one answered your question with actual numbers, i'd also be curious how many bitcoins does a shipping container like this full of miners produces, no matter the power source, per day.
probably about break-even. after paying whoever supplied these old miners and all the "know how".
because liquid cooling would mean: custom installing hydro backplates to every gpu having a case that works with it preventing leaks on hundreds or thousands of systems some sort of mass heat exchanger some sort of water filtration system just all kinda of shit... even the biggest data centers in the world just use fan. it actually becomes more and more unrealistic the larger you get in cluster size
refrigeration means an inefficient compression cycle that eats power. free air cooling (that is what this is) is much more efficient. and it will work up to 100 degrees f in ambient temp. above that, you shut off the miners until the weather gets cooler. ibm did some testing with computer servers in the 1990s and found that modern servers did not need the 65 degree high humidity environment that was common in datacenters. so, there was a movement towards free air cooling as a reduction in energy costs. but you would want ear protection around those miners. those fans are loud.
what i find bizarre is setting this up in a metal box under the tropical sun. surely some sun cover and a different material would go a long way to lower the temperature
it's only components failing and these look to be swappable units. keeping things cool costs money. simple math to work out the cheapest temp vs cost of unit failure. we raised temps in our machine rooms a while ago (research he). saves money, environmentally conscious and we do not see many additional failures if any. but yeah, these guys will work it out and keep the temps where they are cheapest.
ghetto or not, energy costs are precisely why all those asics are there in a jungle.
if you have proper heat sinks and fans, air cooling can be as efficient for cooling a computer. plus as other commentators have said it’s easier
lady looked like stacy. figured it was max.
as dollar denominated & us fed printing >25%.
the bills intend to cover financial markets and investment in securities.
now i have started to doubt if this is even true, they need to give this proof
6.5% for a sovereign bond is still attractive & hard asset backed+ other features.
well you got some r.
we send 3-5 jets worth tens of millions of dollars and the fuel costs to the facebook dot com humanitarian bowl.
the sun and gravity will keep making friction in the earths core so really tapping the heat from the planet core is just a off hand way of tapping the sun but indirectly...i think
just like we drain the sun by using solar panels. absolute genius.
step 1: get a volcano.
you're gonna need an asic miner (ex. the antminer s19 pro which i found for the low price of ,700 usd on amazon) and cooling for it. the more miners you have set up, the higher your overall profitablity but you need to ensure you account for the cost of electricity needed to run and cool the systems as well as storage space if you're renting some space to install them. you'd also need some server racks or something similar and surge protectors or ups (because a sudden surge destroying your expensive asic miner is not a fun time i'm guessing)
do you have extremely cheap power ?
less than 1% for sure.
it's a single shipping container, there are mining complexes of scale out there.
we brake for nobody
you have to sink the heat into something. in a closed environment without enough capacity, it will get hot.
yep, that is stacy.
mining is keeping the network secure and operating. this video might be helpful:
the space requirement is the heat exchange rather than the compactness of chip design.
tell your friend it is absolutely normal reaction.
somebody is probably mining with it for the past decade.
that's something i would honestly looked into.
it's not about the hardware but having cheap electricity. anyway, futurebit does small miner-
if you are looking for a miner the current ones on the market are kind of not super efficient, i personally preordered 2 of the [antminer s19 xp hyd. 255th]( they are using the sha algorithm and supposedly are going to get delivered maybe next year, but yeah its all about that electricity bill. i would recommend you check out solar panels as well, could work
they expect bitcoin to remain positive at least during the current year.
bitcoin's price to maintain an overall upward trajectory for the success of his initiatives.
was looking for this. what is the point of showing a crate of miners?
the hashboards are way to hot, they could damage the lava (;
resources that would otherwise never have been used due to zero demand?
yep, for the 440th time
it's a regular geothermal power plant, nothing new or unique.
to provide a legal structure and legal certainty to everyone who buys the bitcoin bond.
living in the past because this is how economies of scale work. it was achievable by normal people until the difficulty priced out graphics cards around 2014 or so.
i absolutely hate them shit like this is why you cannot get a fuckin low tier gpu second hand for less than
the geothermal unit was not set for bitcoin, it was there for decades. you do not need an active volcano. using muun was the best think you can do, chivo is custodial. not your keys, not your sats.
even if it was necessary (which is nonsense, but for sake of argument), it would still have absolutely nothing to do with promoting more green energy conversion. bitcoin only chooses the cheapest energy. so 100% of the time, if it chose renewable energy, it is because renewable energy was **already** cheapest and thus **already** won over fossil fuels in that region, before bitcoin switched to it, and necessarily **without bitcoin's help** if it had not already won the market before bitcoin got involved, then bitcoin would be using fossil fuels in that region instead, since they would still be cheaper... it's like going up to a marathon winner after he finished the entire race, handing him a cup of water, and saying "we did it together, you and i! wow, good for us!" pathetic, honestly.
imagine trusting the government to manage your crypto😂😂😂
it's located on a mountain with no connection to the main grid. powered by a volcano or magic.
wasting energy doing absolutely nothing of value is not "productive" at all (crypto is valuable, to be clear, but mining is not necessary anymore for crypto)
no not really, because el salvador is only 64% renewable overall, so if they used this geothermal for houses and industry instead, they would be able to shed more of their remaining reliance on fossil fuels. instead it is being wasted here for no reason, while other homes and businesses in el salvador use fossil fuels that could have used this. wasting energy is always stupid and harmful. mayyybe in 2009 when there was no alternative, you could make an argument, but in 2021, you can get all the benefits of crypto for almost no electricity using the superior proof of stake algorithms.
electricity cannot travel long thistance, this miner is sitting next to the volcano, using energy that would be never used (wasted) otherwise.
do you prefer mining oil than boiling water? or you mean about mining bitcoin instead of paper metal and real state. paper money is pure contamination from the paper, to the ink to the metal vaults to keep it. the electricity used by credit cards, atms, banks. we do not have a real idea about how bad is the "real money" with bitcoin at least we have everything documented from end to end. nobody know how much energy and co2 consumes the current banking industry, but im sure is much much more than bitcoin. remember that bitcoin miners issue the money, keep the money secure and validate the transactions for the same "energy cost". i hope you cure your "mental cancer" when you see this. banking datacenters are bigger and very energy consumers.
i get cancer, when i see this.
how so? i'm not following your logic.
this volcano is not close enough to where the demand is so it would have been wasted power otherwise.
you can do that?
you need fossil to fuel a lot of crap. not everything runs on electricity.
fam it is using the energy produced by the volcano which is already there. save your soapbox for a different post
i'm not following your logic here. utilising renewable power hurts your grandchildren in which way?
i'm home miner, using miners to heat my home. not dreaming to compete with a country that owns a volcano.
this is a tiny mine. you compete with the entire network.
that's how a decentralised network is protected. anything else than pow wouldn't in long run work.
look for the rant on twitter of bukele with one nocoiner, he details everything about energy production, import and export and a lot of cool stuff.
have you see the processes used to extract rare metals, gold ? the very same ore that is extracted from the face of earth to give backing to face value to fiat. i think those do way more harm
not as much as you
if that happens bitcoin will be the least of your worries
dude, btc will be the least of your concerns when that happens
have you seen the purge?
administration hopes bitcoin will boost the country's economic growth and offer new investment opportunities.
> this use of energy would be fine, if el salvador does not use fossile energy on the coast energy exists where it exists. transporting it consumes energy until there is nothing left to transport. bitcoin is not tied to geography and does not need to be near population centres. whereas domestic power has to be near people. you're exercising a false equivalency where somehow energy which exists a long way from other energy should just magically jump over there and be used by humans for day-to-day life.
the energy is stranded due to the thistance.
don cerote, i like that
that's an elitist cartel that has complete control of money creation and enriches their friends and family in private--the federal reserve.
volcano bonds? that sounds pretty dangerous! i'm not sure i'd want to invest in something like that.
this makes me so happy for el-salvador. just the first of many to come.
yes, bitcoin does use renewable energy sources like solar and hydro power. and as more people start using bitcoin, the demand for renewable energy will continue to grow. bitfarms is doing great work in this field, and i'm excited to see what they will do next!
funny that you say that. i just commented something similar about hydroquebec in ... but my comment is getting destroyed.
no, the renewable energy is actually more expensive to retail in this example, its a stunt - that is why they are making massive investments in gas power stations with private consortium, they will even export power possibly. currently there are plenty of places that would like air conditioning, but it is a poor country and printing new bitcoin is more profitable than air conditioning classrooms in the tropics.
i dont know what info are you mannaging, but here in argentina the sustentable energy consume rounds the 1.8% of the national, being most of it coal-based. its true that theres a recent law that aims for 20% of reneubable in 2025, but with all the issues we're facing, that is not gona be a thing any soon.
the salvador government will send around 20 bills related to the bond.
with bitcoin, anyone, anywhere, with any access to a renewable resource can be exploited for profit.
if you do not know, now you know! ha! stacy and max are awesome!
yeah she’s obviously an adult
the geothermal station is not free. the bitcoin mining not only has to pay for itself but help subsidize the building of the geothermal station.
> miners still are not selling their coins. smart miners are hedged flat and sell everything all the time. not sure how someone can determine that a miner has not sold and is speculating their money printing machine on price going up.
> gpu these are asics fyi. they're already manufactured specifically for mining and could be made with liquid cooling built in. there's probably some very valid reason they are not.
maybe a week or two ago i seen a bitcoin mining company planning on using liquid cooling. the difference is they would just have vates of cooling, they could just dip the rigs of gpus in instead of individual backplates. just thought i would mention this.
more and more people are dunking their hardware in immersion tanks instead of using water blocks. it's very simple and cost effective and can reduce energy costs.
all of this seems small beans when you are hooking up to a volcano
el salvador is a tropical climate country, its hot year-round. at a minimum they need a climate controlled room, not a damn shipping container...
actually pretty sure google uses water and steam.
pretty sure they have volcanoes in iceland. easy solutions aside, is this just strange to anyone else? it's like reddit karma. imaginary digital coins with speculated value. what a waste of time and energy we could be doing more productive things for the planet. fucking dorks.
on an asphalt carpark it seems… under rated comment
cannot they use that temperature as a thermal heat lol
i think texas went big with solar powered bitcoin miners but also they went big with gas powered bitcoin miners too i think lol
thank you kind stranger.
it is mathematically guaranteed that bitcoin price will outperform that.
i have no idea of what a "humanitarian bowl" is and what it has to do with facebook. (im from eu, mon ami)
step 2: source a fuck-tonne of start up capital
where do i get one of those? walmart?
no. [too much volcano](
regardless the investment is so worth it
but miners need constant temperature and humidity control. i do not think it is a good idea to build a miner in a closed environment
this is not good
this is the right thing to do. you should seriously recall high school physics. especially regarding heat transfer
i think your kissing my point that technology will advance throughout the years to include heat thispersion of electronics
i was hoping to see something more, how do we even know its actually volcano where the power comes from?
is this an argument against me not loving this country? i love a lot of countries but unfortunately can only live in one!
there is high consumer demand for the electronics in there.
so nothing to do with volcanoes then. just geothermal power.
i'm going to respectfully thisagree. everything was okay until superhot asic machines came into the picture. before then, mining was an achievable hobby anyone with a laptop could do... these asic machines are definitely a weakness in my opinion. it creates a massive niche market that makes itself obsolete every time a new model comes out. creating application specific machines that end up as e-waste. the whole asic battle is futile. create a powerhouse of a miner, and the network will just make it harder to solve problems. if people just stopped buying new asics and let manufacturers wither, it would be in the best interest of long term bitcoin.
there’s not a single gpu in that video
bc like i said in a previous comment... the nature of asic technology makes itself obsolete every year a new brand drops it is latest models. it creates a niche market that is quite wasteful. now i know the same can be said for a lot of technology, however these mining rigs are not totally necessary, almost strictly a product of greed and people wanting more and more... it centralizes network hashrates and kicks out many small enthusiast level miners and developers from getting into bitcoin outside a hedge or investment platform. it's great to see the network hashrate so strong, but almost for the wrong reason. the difficulty is asinine, and it will only get higher, alas people still build bigger and bigger.
i mean that video shows none of that
so it’s a waste yep... i really am not a fan of cryrpto considering it environmental impacts but hey decentralization fucks the gobs right?! right!?
electricity can be thistributed over **very long** thistances. i am not sure what are you talking about.
they prefer shitcoins that do not have the security and adoption of bitcoin.
maybe i have to watch a second documentary to see a second opinion. they only mentioned they are importing electricity made from fossil energy sources. not that the electricity from the volcano could not be used as a substitute. either way, i'm not against mining on fossils either. i think that these 2 points have to be regarded separately. e. g., through a carbon tax or similar.
you are right. i have to correct my sentence. i heard they are importing electricity made from fossil energy sources.
bitcoin is a waste of time
el salvador still uses around 40% fossil fuels. if 5% of its energy is spent on bitcoin using geothermal, that could have instead been used to reduce its fossil fuels to 35%. making it effectively the same as mining with fossil fuels. even if it was at 100% renewable, it would still be stupid pointless damaging waste, since even renewable energy is always more polluting than 0kwh needed for superior pos technology instead.
> anything else than pow wouldn't in long run work. why not? and why are you not a billionaire right now if exploiting existing pos coins is so easy? what are you waiting for?
what does that have to do with whether they have been successful eliminating the other 75% of energy sources for this container of rigs? are they just buying from an energy company that claims it is only geothermal or aren they running their own geothermal plant?
cool whataboutism. also, the usd hasn’t been backed by gold for 50 years. isn’t that the whole a point of bitcoin? to replace “worthless” unbanked fiat?
the us dollar has not been backed by gold since \`73. almost none of the worlds currency is backed by gold.
el salvador is only 20k square km. i have no doubt that this electricity could be put to better use somewhere else
there’s a volcano 30 minutes from anybody in el salvador
> transporting it consumes energy until there is nothing left to transport. complete bullshit. the loss in energy over the entire maximum length of el salvador, let alone the thistance here (which is less), would only add up to a **few percent** on power lines. el salvador is still around 40% fossil fuel. until it is 100%, any wasted energy at all even if "green" is energy that could have offset fossil fuels and is thus functionally fully dirty and it is all waste, because alternative technologies have already been invented that replace pow with no need for mining and zero drawbacks.
there are these things called power lines, and the whole country is only like 200km across lol. bullshit.
hedge it with volcano insurance?
it’s because it’s not. if bitcoin mining was replacing some other demand on the grid, it would be a good thing. but it’s not. bitcoin mining introduces new demand on the grid, it’s not replacing anything, and if it’s extracting renewable energy from remote sources then all it’s doing is offsetting itself. it’s a bs argument.
having a secure fungible decentralized p2p money is one of the best use cases for energy i can think of and its great that the economics forces competitive miners to use these green sources of energy
because the number one complaint from people who do not understand bitcoin(shitty argument to begin with considering the scope of the technology). well, the solution is to harness renewable green energy sources that would otherwise go unused so that the bitcoin network is not taking electricity from people or companies that need it. these sources would have been tapped long ago but we do not have the technology to move electricity over great thistances so bitcoin allows for this power to be monetized instead of wasted.
short answer: economies of scale + states wanting reliable cheap power slightly longer answer : the assumption that it will never impact the grid is wrong; states will make deals with miners; get your energy whoever you want, but connect to the grid, and stop mining in emergencies or when demand for power peaks
"good thing" is a subjective term. good to and? it's certainly good for the party that is profiting from it. with regard to the grid, if it shifts a significant amount of mining off the grid to otherwise unused renewable resources, then it could certainly have a positive impact on the grid and the environment. hypothetically at this point, of course. only time will tell.
the people that harnessed it now have a significant new form of income = benefit to them. that energy contributes to the security of the system = benefit to all users of the system.
>if it never impacts the grid, how is this a good thing? that's exactly *why* it is a good thing. it never impacts the grid.
well, if people that normally would be bitcoin mining using the grid are moving to a lower-demand energy source, you lessen the load on the main grid and other less renewable energy sources.
>if it never impacts the grid, how is this a good thing? * it does indirectly, energy prices will be moving to a singular point for the whole globe, which makes any economic planning easier for anyone and alleviates some geographical locks * look at mining as breaking near-underground oil, some of operations will be centers of new economic growth, even cities. u need to employ people, and people need civilization. and sustainable mining operations will be the biggest among them. with thermonuclear reactor above our heads and scarce nature of bitcoin there is no limit to growth in sight
it could replace a person doing the same work who requires way more resources. theoretically i think it would be greener to replace every banker in the world with a renewable edge mining device…in theory. i haven’t seen anyone do real fucking math yet
the cavalry has arrived!
they're using a former hydropower plant that was decommissioned. by the way, i was never saying that argentina is green by any means but argentina *does* have a lot of rivers so there is considerable opportunity for bitcoin to monetize these stranded renewable energy sources.
yup, everything is done for a small amount of profit. it's called incentive and it drives the economies of the world.
"exploit" just means "to make full use of." stop using it like a dirty word.
i sayed it was cheap, not free.
yea several of the large miners are using immersion cooling, not mass adopted yet. riot blockchain is one
yeah you could in theory have an entire array submerged in a tank of mineral oil. im not saying there arent ways to do it. just as you scale it up larger and larger the mess, risks, and cost increase by a shit ton
yup, in the next reply set down to this comment me and another user were talking about mineral oil tanks.
lol true! thats mega
maybe for the entire data centers hvac cooling- as thats what intel uses. but the servers themselves arent individually water cooled lol
all of the bitcoin transactions for 2021 negated all climate savings from electric cars in the same year 🙃🙃🙃
american football at the college level has these pointless end of season "bowl games". some are important. you may have heard of the rose bowl. others are trivial and useless. also, companies have over taken the naming of the bowl games. so what used to be known as the sun bowl in el paso, texas is now known as " tony the tiger sun bowl" facebook has their own bowl game as well apparently.
just invest directly in btc. that's the way to go.
in a closed environment it is actually easier to control the air flow.
> you should seriously recall high school physics. do i seem unfamiliar with the laws of thermodynamics?
the laws of thermodynamics are quite well established in our universe.
electricity has to be produced near people, within transmission range for there to be domestic demand.
geothermal power is not viable everywhere. there are different geothermal gradients for different areas and you do not need to go very deep to reach high temperatures near to volcanoes. it's possible everywhere, but not economically viable. hence why iceland's grid is 100% geothermal.
proof of work is ultimately futile as a function of time. the difficulty would need to drop to 2012 levels before anything other than an asic would be electrically feasible. i gpu mined bitcoin for a very long time and then one day it did not make sense anymore. waste thermal energy has been a by product of every technology that performed bajillions of sha265 hashes on repeat. cpu came first, it is postulated that satoshi even mined on some early custom fpga's (search the patoshi nonces), after the cpu era there was the gpu, that lasted maybe 3 years, then butterfly labs dropped the first asic and it was basically over then for casual miners unless you had asics, next thing you know everyone has an asic miner for sale after someone open sourced (maybe bitmain) their first gen asic design. that's the abbreviated history of bitcoin mining and why you must have an application specific integrated circuit to mine in bitcoin land in 2022.
i meant more in general and was also joking.
> almost strictly a product of greed the whole idea of bitcoin's halvening mechanism is to use normal human individual greed to propel the entire system into general usage. it makes sense that people competing for rewards in this game would maximise their changes. > people still build bigger and bigger. good.
not even that, though. you can still have all the benefits of decentralization, just use proof of stake instead of proof of work, and you can not waste energy and still be decentralized. there's literally no reason for it at all. not even "fucking the gobs". in fact, bitcoin is even worse at fucking the gobs, because it is destined to get centralized over time, as the profitable threshold of price per kwh gets lower and lower until only a few countries on earth can profitably mine anymore, which will then effectively become the central authorities. staking, however, is equally thistributed worldwide and does not have that happen.
the longer the thistance, the bigger loses. loses in india are about 20%. using the power right next to the place where it is generated is the greenest option. edit:
so is watching kitten videos on yt or playing videogames.
> that could have instead been used to reduce its fossil fuels could they though? i'm not looking at the map, but my understanding is most of the country is inaccessible. i imagine transmissions infrastructure from this plant would be cost prohibitive. > superior pos technology e proof of vitalik.
learn how pos works, please. in a long term, one entity will end up owning the majority of coin and will be able to censor transactions and, including issuance of new coins.
this is at a geothermal plant at the base of the volcano…...
please read the part about the actual mining doing more environment damage , no need for the pitchforks. people round the world still buy gold to hedge against the “no value “ usd . was just pointing to first comment that real mining harm environment way more than btc mining . it’s all a cycle anyway , some ppl hedge on btc like we do , some prefer precious metals .
the sounds even worse. but the demand to hedge usd against gold results do contribute to some form of mining that has damaged the surface and permanently destroyed ecosystem
easily accessible with generation and transmission infrastructure in place?
> technologies have already been invented that replace pow centralised shitty technologies which entrench olygarchy as the consensus deciders. all hail prince vitalik vi
>extracting energy from remote sources in developing countries > >that energy is converted into bitcoin and those countries now have money to build new infrastructure, etc. if you ignore the cost of hardware, cost of maintenance, cost of labor and the opportunity cost of spending those resources on lower hanging fruit.
sometimes the mining farm will fund infrastructure development that makes previously uneconomical harvesting of renewable possible. like for example if harvesting some hydro power needs to invest . no one wanted to invest that much previously. but mining farm makes it possible.
nah. it's replacing the fiat energy.
it's subsidizing the development of green power tech and infrastructure.
>then all it’s doing is offsetting itself. how is offsetting itself bs? what else do you want from new fintech? to not use energy whatsoever? you're really not even making a rational argument at all here?
it's replacing banking transactions and demand for gold, which are more power hungry and contribute more carbon to the atmosphere than bitcoin, especially bitcoin mined with excess geothermal activity. pow haters always forget to acknowledge that bitcoin is a competitor to actually massively-damaging industries and power brokers.
it’s not bs. the majority of these cases are where is the energy producing infrastructure is needed but can’t be supported by existing energy use infrastructure. bitcoin mining can give you a reason to build the infrastructure that’s needed for an area to be able to grow and prosper if it’s energy poor by incentivizing building the infrastructure now so that it will be available when it’s needed for the public consumption later. it may seem like bs to someone that has access to decently priced reliable energy. a large swath of human population is still in energy poverty. who estimates that 1.3 million people a year die from burning biomass to heat and cook in their homes. that’s just the tip of the proverbial iceberg.
wrong. [see this article]( "bitcoin miners are acting as a kind of shock absorber for this new green power. they buy up excess energy when it’s not needed, then shut down their mining rigs when demand surges, releasing power back onto the grid. " think about a bunch of wind turbines running at night. they are producing power, but what happens if it is way more than commercial demand? it just gets wasted. bitcoin acts as a buyer for _any_ power that nobody else wants, which ups the profitability of renewable energy providers.
this guy actually gets it. bitcoin can at the very best have no impact. it will never ever have any positive impact in this regard - to think otherwise is to have drunk too much bitcoin coolaid
if bitcoin miners can plugged into enough "unfairly cheap" electricity because it is remote, nobody will be able to afford to mine on expensive grid energy.
it's replacing a cartel that has complete control over money creation and uses it to enrich their friends and family while making the rest of us poor--the federal reserve. most do not even know banks create us dollars.
just yesterday i was reading about minners from china being forced to move on kazajstan, and the goverment of this country does not love that so, i came to realise "their next stop probably will be here". do you have any keywords or links for me to search? i've tried google with no results on that matter.
*destroys the world. exploiting indigenous populations and destroying the earth in the process.
til. has negative connotations for me, guess that’s my experience. everything is contextual
if you’re suggesting the word is commonly used to express a positive relationship you’re either trolling or extremely ignorant.
being geothermal it should soon be free and then a plus''just a matter of time
ah yes, that is the one. thinking about investing the the market is so trash atm =(
its totally worth it though cuz the machines can last basically forever is what i seen in a vid if they are kept cool in liquid its the heat that kills them i think...and its really hard to get new miners anymore unless you got connections or big money cuz the large miners are preodering up all the new miners so basically the plebs wont get any for looong time these people are experts in liquid cooling
all arenas in europe have names of companies too nowdays. call me old fashioned but its a horrible trend imo. hopfully it helps with economics thou
i do not doubt you meh friend but 14 k is cheaper than 50k
the change in the internal energy of the system is equal to the heat absorbed by it minus the work done by the system to the outside world. when the system is in adiabatic state, the work only depends on the energy of the initial state and the final state of the system, and has nothing to do with the process. the energy of an isolated system is always conserved. the system goes through an adiabatic cycle, and the work it does is zero, so a perpetual motion machine of the first kind is impossible (ie, a machine that does not consume energy to do work). when two systems interact, work has a unique value that can be positive, negative, or zero.
first law of thermodynamics clearly states you can transfer energy from one source to another, proving my point human innovation can create something to thissipate heat
good looks, that was informative
i laid down like 7 points and you addressed two... poorly i might add. but hey, if you think greed drives bitcoins existence than you do you bitcoinuser
yeah honestly crypto is a scam imo but if people want to do it who am i to stop them
> electricity losses are the result of technical inefficiency and **theft**. i guess the opportunities for theft diminish as the thistance decreases 🤣
except no one really takes those seriously, bitcoin is psychosis
> could they though? i'm not looking at the map, but my understanding is most of the country is inaccessible. i imagine transmissions infrastructure from this plant would be cost prohibitive. it would cost like ,000,000 on average to run high tension power lines from the center of the country to the furthest corner. > e proof of vitalik. you do not want to save energy while achieving all the exact same benefits, because you think a person involved with the original technology smells bad? yikes.
they buy from that plant or they operate that plant?
so you think it is bad that a currency is not backed by a tangible asset... in a btc sub?
nothing about pos has anything to do with centralization. you appear to be getting confused between specific coins that happen to use a technology vs. the technology itself. if it helps you to not make that fallacy, consider the conversation to be "bitcoin now" vs. "also bitcoin again but if it upgraded to pos" > entrench olygarchy how? * i have 1 coin you have 9. i have 10% of the coins * next year, our stake rewards come in, and the coins are doubled. i now have 2 coins you have 18. i have... **still 10%** of the coins. nothing changed. nobody got any more entrenched. the rich did not get richer. the poor did not get poorer. did you just never actually bother to do the above basic arithmetic before blindly assuming pos entrenches people? the only way to get richer or more powerful in a well made pos system is by doing actual work and providing real world goods and services that people give you more coins for.
i realise i wrote an extremely long, convoluted answer, so the shorter response is: that’s close to a fair argument (if you are also including the cost of connection to the grid), but i’d argue the ’t in remote, otherwise uneconomic locations. long answer// yeah, that’s close to a fair argument, if the bitcoin mining provides the economic incentive and enables the payback for building new projects (and importantly, including the connection to the grid) that would otherwise not be possible, then could say fair enough. but i would probably argue that , known, accessible,and ultimately economic location. for example, you personally could take that . we haven’t reached the point where obscure, remote locations are the most economic locations for new renewables. what the bitcoin price is doing is providing the potential, high risk return for it to work in these remote locations - but it is extremely risky. just because someone might choose to take that risk doesn’t mean it’s optimal. that capital would be better elsewhere. maybe bitcoin crashes permanently, maybe a new pos coin becomes dominant, and these developers go bust. that’s wasted capital, and maybe not such a green thing after all. i’m aware i’m being overly pedantic and theoretical, but just wanted to give the other side.
ya its really not. bitcoin is an investment, not a currency. if i ever get paid in bitcoin than ill just hold it as an investment and instead of using my cash to buy what i normally buy for investments ill just go spend that as extra thisposable income. the stock market has not reduced the fiat energy consumption. the most important value of a govt issued currency is its stability. knowing that tomorrow, the day after that, the week after that and the years after that it will be worth somewhat close to what it is worth today, just as it was yesterday as well. bitcoin and other coins do not have that at all. their main attraction is that a month from now(or maybe even tomorrow) the coin will be worth far more than it is now. if my bitcoin is going to be worth significantly more in a month, why they hell would i spend it now?
no it is not lol 😂 payments in fiat cost a miniscule amount of energy compared to crypto payments
the infrastructure that is needed is the one that is less profitable with mining in the picture. ie, the infrastructure to carry the energy to where the real consumers of the energy are.
exactly! in a way ithurts miners using dirty electricity. volcano. obviously there are major capital costs in geothermal but operating costs can be low. in the el salvador example they cannot use all of the electricity generated because it is too far from everything. so you mine bitcoin using this cheap electricity, right at the source. it's cheap because of low demand and free energy from the volcano. the more miners, the more difficult mining gets globally. coal is cheap but every gram you move to the power plant has a cost. eventually enough of bitcoin mining will be using sources that cost less than fossil fuel sources that the difficulty will push high enough that anything but almost-free electricity will not be feasible anymore. green energy sources such as solar are getting cheaper as the technology advances. i believe solar is already one of the cheapest sources of electricity. i kind of just thought this all out loud and would love some feedback. maybe i'm missing something or my logic is flawed.
because it uses power for the sake of using power, just to prove work and assign itself value. other currencies dont need the power requirements of an entire country to be mined and transacted.
i think it’s rational, i don’t think you’re getting the point i was making in my response. the original statement made was effectively bitcoin mining is a great green contributor, ‘it unlocks the harnessing of renewables in the most remote locations’. but i’m saying if that harnessing of new renewables isn’t being used to offset otherwise fossil based power generation, its not a positive offset. for example, if you decide to grow a new tree, chop it down, and then burn that wood to heat yourself when you would have otherwise used natural gas, that’s a positive offset - great, you can tell me how positive and green it was you grew that tree. if you grow that tree, but now because you have both options, you decide to make yourself extra warm and burn the wood and also your old gas, then growing the tree was a ‘pointless’ offset. you grew a new tree which is a carbon offset, but then introduced new demand which used it. so sure you can tell me bitcoin is great, these are all the reasons it’s significant etc and so why the additional power demand is worthwhile (ie in my example burning both the gas, and the wood), and thats an argument you can tell me. but just because it’s ‘harnessing new, remotely located renewables’ does not mean it is helping to decarbonise and give bitcoin a positive green argument. the new, remote renewables can simply fulfil the additional demand created by mining bitcoin, that’s not a green argument. you’re just saying the demand created by bitcoin can be supplied by renewables. great, so what. everything needs to be eventually. you don’t help by adding more demand.
also another arguement is that if we as bitcoin miners were more dedicated to it, we could ironically use bitcoin as a way to increase demand for conversion of our own grids that government have been reluctant to do because they do not think it is worth the cost. bitcoin though unpopular in environmental circles has potential to be used as a way to convert those grids because in the end bitcoin problem does not necessarily lie with bitcoin and cant be fixed by editing that but instead that like many other things it relays on a system that is not yet renewable. unlike these other things though, bitcoin beyond e-waste(a sad reality) will become renewable as the system becomes renewable and with the attachment of pox coins with bitcoin it allows for the addition of some form of dual renewability and rethistribution due to the mechanisms of how those operate as well as networks that can allows for things like dapps,smart contracts and other newer forms of technology coming from the blockchains that the better forms of which may actually replace things as they are going now.of course we as bitcoiner need to make more an effort for this to happens especially as the miners move more to the us
that’s a fallacy unfortunately, it’s not the case in reality. that only works if the mining rigs are not operating all the time. then they could introduce new demand when there’s excess grid supply (which is rare anyway, and eventually will be replaced by power storage or green hydrogen production). realistically all they offer is able to shut down and lower demand during peak periods - so to confirm that is releasing demand...created by their own demand in the first place... so is not environmentally positive. plus they’re only doing that a) for a fee, or b) power prices means its uneconomic to be producing anyway. either way, that’s contributing to higher costs on the consumer.
bitcoin itself benefits the society we live in. with respect if you are stuck at this point then you have some more research to do.
are you even talking about bitcoin anymore?
i sure hope you did not write that comment using a smartphone made in a southeast asian factory!
i dont think free because the industry should be maintained, fixed, controled. the transmission cables need maintainance too. people need to work to keep a powerplant working, so it have a cost. can be less and less cost as tech improves, but still will need people working on it.
perfect time to buy it’s at a thiscount
its better to buy real bitcoin then to invest in miners...theoretically the miners could get booted at anytime...plus then you go back into the trust world
i'm not sure what education you're hoping to enlighten me with... was there something i said which demonstrated a lack of understanding?
where? where do you thissipate an infinite amount of heat to? how? how do you thissipate more heat without increasing surface area?
there are another 5 points? seems it is just a paragraph saying the same thing a few times. "i do not like economies of scale! i do not like centralisation mining!" there is not really anything to respond to there, you're just stating your feelings. my feelings are that it does not matter how centralised mining becomes as the protocol is decentralised regardless and they do not really exercise any power. i also do not imagine that difficulty will increase forever. we live on a finite globe.
i did not say that at all?
> all the exact same benefits but giving vitalik all the control over consensus does not achieve anything approaching what bitcoin does. > smells bad? no. has complete and total control over the direction of the chain.
from what i have seen it seems whomever operates the plant operates these rigs because this container is literally at the geothermal plant where the volcano is. max and stacy shared lots of pictures and videos on twitter if you want to see
how did the comment against the earlier environmental comment derail to this . guess i got misunderstood . was just telling the guy that actual mining for precious metals harm the environment even more 🤡
> nothing about pos has anything to do with centralization. i do not subscribe to this premise. > you appear to be getting confused between specific coins that happen to use a technology vs. the technology itself. bitcoin will never be a pos chain so i assumed you were talking about alts. > "bitcoin now" vs. "also bitcoin again but if it upgraded to pos" there will never be consensus for this to happen. pow is the entire reason this thing is where it is at now. > still 10% of the coins. and in 3000 years, still 10% of the coins. proof of oligarchy. > nothing changed. nobody got any more entrenched. the rich did not get richer. however no one can possibly approach any kind of dent into their foothold. the rich remain the rich from now until eternity. fully entrenched. > did you just never actually bother to do the above basic arithmetic before blindly assuming pos entrenches people? we can do this without ad hominems.
el salvador is one of the poorest countries with the highest crime, it is a fairly easy argument to make that there are better places to spend resources than remote bitcoin mining.
show me the money truck running on volcano power lol
ask the turks how they feel about govt issued currency and stability lately.
>if my bitcoin is going to be worth significantly more in a month, why they hell would i spend it now? technically if your money is well invested, why would you spend it now? the logic is the same.
bullshit. fuckin terrible argument
are you really that dense.? jesus
the legacy financial system requires vast amounts of energy resources to power data centres, banks, support systems, minting new coins, and everything that goes into a government which upholds and protects that currency (police, judicial, military, civil servants, regulatory, etc.). in order to create a competing financial system without centralized trust or authority, there is going to be energy resources required. bitcoin seems to be moving toward green energy and technologies faster than any other industry anyways.
it uses power for security, and fortunately can theoretically use any untapped source that is inconvenient . there is currently no known, proven, alternative method to secure a decentralized system.
it uses way less energy than transporting gold and cash.
>but just because it’s ‘harnessing new, remotely located renewables’ does not mean it is helping to decarbonise and give bitcoin a positive green argument. the new, remote renewables can simply fulfil the additional demand created by mining bitcoin, that’s not a green argument. you’re just saying the demand created by bitcoin can be supplied by renewables. great, so what. everything needs to be eventually. you don’t help by adding more demand. i see what you're saying now due to this paragraph -- the ones above it were more of the same as before. however, i never argued bitcoin will decarbonise or create a net green positive. i simply said that renewable power sources that would otherwise go unused can now be harnessed and monetized. no other industry can exploit these resources while remaining economically viable so it turns wasted energy into scarce desirable assets. why is this a bad thing?
not exactly. we're replacing a system that enabled and then entrenched old powerbrokers with a new system that enables democratic participation. the new system (btc and crypto) allows the growth of wealth through participation in a democratic fashion. it's not surprising that people saw opportunities and were able to grow wealth through mining. and because wealth=power they are more powerful now than they were. the key difference here is that the path to becoming a profitable miner is much more open and available to people than the path to becoming a profitable banker. this is the "broker" part of the word "powerbroker." the keys to the party are now open to everyone, not just the select few. just because you did not make the investments that made others wealthy does not mean the system is just as corrupt as what it replaces. the need to get your hands on miners to take advantage of this opportunity is real, and that is still a bar to entry (though this is not the only investment opportunity in crypto). but that is a much smaller cost than the cost of lifting a poor person from poverty up to being able to meaningfully acquire the profits that flow to a select few in the banking industry.
> that only works if the mining rigs are not operating all the time they are not > ll they offer is able to shut down and lower demand during peak periods - so to confirm that is releasing demand...created by their own demand in the first place right, created and paid for by mining in the ideal world, 'power necessary for human beings' would be a tiny tiny drop in the bucket of total power produced so, if there is a 90% power drop? no worries! all mining shuts down. if humans only consume 0.0001% of all generated power, we never have to worry about power outages. bitcoin makes that possible.
have been doing dca since may of last year. the volatility there is like btc lol
we are talking about miners
where? i’m not sure. i’m just statin the first law of thermodynamics since your brought it up how? through either conduction, convection, or radiation since that’s how heat usually travels
ik i’m saying that’s my opinion
i do not much care about photos. more interested in information and validation that what people say is true.
i cant. i can show you the bitcoin investment truck running on volcano power though.
im not talking about the energy requirements actually required to move cryptocurrency around, those are obviously a tiny fraction of cryptocurrencies’ energy requirements and much lower than the same of the current system. i’m talking, shockingly, about the fucking video post we’re commenting on. about the energy requirements for mining cryptocurrencies that use a proof-of-work system. totally arbitrary consumption of ever increasing amounts of computing power purely to limit supply and to essentially base the value of the crypto on the cost of energy consumed in solving it.
so cryptocurrencies that dont use proof of work arent secure?
i can’t remember the original post, i think it may have been deleted, and i also think i was probably using my response to that single post to represent a response to a general point i’ve seen made a number times. i wrote some boring long response somewhere else about it being inefficient use of capital. but before getting into that, just flipping it round, why is harnessing and exploiting unused renewable sources necessarily a good thing?
you wish i was a boomer, god damn not only are you basic but boring too.
and? why all the attitude and "education"?
i'm not seeing how we squeeze much more out of that. possibly some new heat-exchanger materials but then you still come up against the capacity of the immediate environment to absorb those heat emissions. an aluminium heat-sink with cool air flowing through it is probably about as good as it gets with any sort of cost efficiency. the bulk of these units are those components.
thats the same argument flat earthers use. just saying 🤷‍♂️ but this is at the berlin geothermal plant if you want to look up their info. you seem like an expert so i am sure you can figure out the answers to your question using that info 😉 let me know what facts you find
ok so no pictures.what about the videos that the person also mentioned?
>> el salvador is one of the poorest countries > >not for long speculative but ok, maybe > >> with the highest crime > >homicide rate on par with mississippi and louisiana > > > > yeah and mississippi. but unlike the us, that is the entire county of el salvador.
that's it. you'll get it soon
its humanity's best method of creating a sovereign financial system that is not tainted by corrupt governments or susceptible to human error. there is literally nothing else out there and you lament the energy usage? no one talks about the energy usage of the internet because new technologies are going to require growing amounts of power and energy.
actually, the energy use doesn't limit supply, nor does it really set a value for the currency, it purely allocates the normally released supply among the mining computers. bitcoiners have this faith that the only way to secure a network is to make the energy cost to misuse the network so high that no one can actually do it. i think that a proof of stake system can work, the problem is, how do you prove it can work ? smaller alts seem to run fine on such systems, but maybe the incentive to game the system just is not large enough for a bad actor to put in the time and effort to get around such a system, because those networks are so small. in the end, we cannot change bitcoin, the same way we cannot change the fiat system we were born into, so we just have to hope the energy usage does not get too insane, for the benefits we get out of it.
again, in your narrow-minded view of the future being exactly how it is today, there is no place for anything new or different so i can understand why you do not like or want bitcoin. "in north america and many parts of the world, mining is the largest source of contaminated solid waste into the environment. industrial-scale gold mining generates over 20 tons of contaminated wastes for each new gold ring made." do you also think we still need the gold sector?
look up nothing-at-stake attacks
almost for sure. security here means resistance to monetary policy changes and level of censhorship-resistance after carefully thinking about it i struggle to put great difference between fed's board and some chain's validator pool. permissioned, merger-incentivized, two-tier systems untied from external resource betting in a case of contention how would you decide which pos chain is the true one? social media, i guess?
wow is it finally making sense for you? enjoy being a wage slave and losing all of your investments in shitcoins that’ll be irrelevant in 2-8 years. look up top ten cryptocurrencies 5 years ago by market cap. i’m sure you haven’t heard any of them since they’re dead today. ask yourself why. then ask yourself why bitcoin has been number one since it’s inception. then ask yourself why bitcoin has been the number 1 best performing asset of all in the last ten years. get off your high horse with this environmental narrative you’re pushing. you sound so misinformed and delusional.
because it is otherwise wasted. obviously there is environmental concerns with dams and hydroelectric power plants but if we could hypothetically negate those then why wouldn't we?
lmao who even repeats that boomer argument that you can’t use technology and have an opinion? are you ignorant or just plain dumb?
lmao. i thought you were asking me questions
i do not know what you are talking about. do you have pictures of any paper work at the legal entity that runs and controls the power generation that this farm uses? i just want proof. photos of containers and rigs do not answer my questions.
not only that. nobody has even answered the question of whether they are doing their own power generation or buying from the entity that runs the plant. be nice to be accused of not paying attention to facts after i ignore some actual facts. give me some facts, not photos. what do you know that can help answer my question?
because you do not have any pictures that can answer my questions. just forget it.
get what? that neither fiat nor a bitcoin currency run off of volcano power? because neither do. because bitcoin isnt a currency, its a commodity that is used as an investment. im already there. i like bitcoin, bitcoins great. i plan on holding onto mine for years so that i can turn my original . to do that, i must never spend it on anything though. im fine with that. it would be stupid of me to spend it since in a year it will be worth more. why spend my bitcoin when i can just spend my regular $(or a bit less) in a years time. edit: just to show how crazy crypto investing is, since i started commenting on this thread ive been messaged 3 times about crypto businesses to get in on. edit2: look at the bitcon front page, the top 10 posts are all about holding, buying the dip, views on bitcoin trading values, demand from institutional investors, shitpsts about none hodlers not deserving gains. clearly the type of talk surrounding investments instead of takling about a currency.
cryptocurrency doesnt need proof of work to function at all though. thats over 99% of the energy demands of bitcoin only existing as a convenient way to create a stake.
ah cool just hope it stops being the single most energy intensive currency on the planet great thank you
it would be better if we could use the gold to build things like electric cars that help electrify transport instead of building single-use asics to mine crypto tokens.
haha someones pissed off
yeah let’s set aside the environment aspect of new renewables for the purposes of this, or we’ll definitely get too pedantic! but i’m struggling a bit to understand why because something exists and it is possible to use it, that means you should and it’s by default good to use it. can you expand your point a bit. for example there is some solar radiation in the polar regions, should we invest in installing solar otherwise it’s wasted?
you did, you complete and utter imbecile.
lol i thought everything flipped there a few comments back. all good mate. ;) i use questions in a socratic way. like what happened to socrates, it pisses people off sometimes lol
the plant is called berlin geothermal plant. you can contact them and get it yourself
i did not say pictures. i said videos. are you reading what people are typing?
isn't it easier to wire your money to a crypto exchange? how are you going to buy ?
what's the rest of the story? a three-sentence article says much of nothing.
was waiting for a "i'm missing the dip!" type yell.
the primary reason why the banks do this is becomes of scammers asking to be paid in bitcoin or in gift cards.
i have a scotia account, and they do have a policy that if its over 6000 cash, the client needs to call it in and give them 48 hour notice so that they can make sure that they have the extra notes on hand. i have withdrawn, 10k cash before with zero notice, but they were not happy and pointed out the policy of calling in to for reservations on large cash withdrawals. that said, they had no problem with me wiring 150k to kraken, or 65k usd to gemini... both wires went through and as anyone who does wires with exchanges knows, took forever for the funds to show in my account, especially because one of the transactions was done before christmas during the huge crypto rush and kraken was flooded with wires. (bank does wire in 24, exchange takes forever to post the amount.) as for him being a smart guy. i will say he is far from it. every crypto investor knows you do not tell your bank you are buying crypto with the funds. not that they can stop you mind you, but why would you want these sorts of problems? why would you want the chance of them freezing your account? the guy seems a little nuts making that sort of a scene and wanting his 278k in cash right away and now. the cops probably were called because he was causing commotion inside calling them thieves and such... expecting them to make good on the withdrawal instantly. like i said, this sort of withdrawal would not be a problem if he called it in, they may even have steered him to a branch that actually had that much cash on hand to make the wd. you just have to know how to talk to people and not think everything is a conspiracy against you. if he wanted it as a wire it would of been done on the spot with zero problems, so the idea that the banks did not want to give him his money is just in his head. it's the cash, that is the problem, banks are not used to cashing out a quarter of a million same day.
it amazes me to see so many people coming to conclusions about what happened here when you only have part of the story. this is a rampant problem with social media
ex-banking employee here, i worked for the bank and its regular practice to confirm a lot of things before such a request can be made. without satisfying those requirements and if the client also cause a scene or berate the employees, we can take legal action like this to detain or ban the clients from visiting any of the bank branches. clients need to: - identify themselves with minimal 2 pieces of id. - if ids are not available, must confirm the most recent 10 transactions, and answer security questions to make sure name, dob, email, phone number and address history for the past 3 years are in line with what is on file. - if the client wants to withdraw in cash and the amount is more than a specific quantity, then they need to place an order for it first. - if the client does not comply with any of the above and cause a scene, the branch has the authority to ban the client from visiting any of the bank branches. i know it is not cool, but we literally got robbed at gun points before and i do not have enough digits to count the amount of times fraudsters and thieves (with other people's ids & documents) came into our branch to request a full withdrawal. i wouldn't be surprised if this unfortunate man had to deal with this and went off the rail yelling at the bank tellers. scaring the shit out them and ended up having cops called. back in the days, we had people coming in threatening us - from a teenage group saying they will rape my asian colleague because she pointed out one of them was using a fake quebec driver license (which it was). to an old dude with a walker saying he will come back to personally shoot me between the eyes because i wouldn't let him redeem his unredeemable gic (for obvious reason). we had to call security, call the cops or do anything needed to protect ourselves. since we are not allowed by law to lay hands on the customers or to "take matters into our own hands".
op is a fucking dumbshit just like the old man in this video. lol
this is what we should all do: do a run on the banks, make it known they don’t have the money and it’s a fraud.
he wanted to spend all the money on shiba inu.
the cops were called cause the man was belligerent. you cannot show up at your local branch, and just casually ask for ,000 cash. they do not keep that kind of money on hand unless you give them advance notice that you're making a big withdrawl.
i heard nothing in the video about crypto. i did hear a man saying he wanted to withdraw 272k out of his account. the cops saying he could not do it. this is not unusual for a bank in canada or anywhere. 10k and over you get red flagged and have to fill out a form. imagine 272k in cash. some banks have digital 0 and 1s. some don’t keep that amount at one time. sad but true. it is the man’s money all 272k of it. go to show you don’t keep all your cash in one place. don’t keep it all in banks to begin with because this is normal. the banks won’t give you physical cash in that amount. they will wire it to another bank and still you would have to jump over many ropes and spend hours to process the request.
this is the banks job. you cannot buy crypto with cash. if he was being told by someone "give me all your money in cash and i'll give you 10x back next week" he is getting scammed and is going to lose everything. the bank probably just saved this guys entire savings i do not see why this is a bad thing.
my friends dad just got scammed out of a million dollars in one of those "bitcoin investments". boomers just are an easy target for it. i tried to convince his dad to make an account on an exchange and buy himself the bitcoin (i even volunteered to help) but he did not wanted to listen, apparently other 2 friends of my friend's dad also got scammed with the same website.
to be honest this is one of the perks of traditional banks over crypto. on paper to an educated, technologically literate and informed person, being your own bank via crypto is an extremely good idea. you are in control of your funds and you are not being either charged or given a pathetically low interest rate while the bank loans out your money profiting hand over fist. but we are a society that has a large percentage of people who are totally resistant to learning how to use technology. we cannot expect boomers to bank themselves because they live in a simplified world. a good example is how boomers pretend you can go get a job out of highschool and buy a house and provide for your family and the only thing standing in our way is expensive coffee and iphones. for boomers who are totally gullible and live like trustafarians by selling the house they bought working at mc donald's for 2.5 mil in today's market banks are an important level of protection from nigerian princes and long lost "family" they literally have zero understanding of how the connected world works or how to manage their finances. banks are far from obsolete, i hate banks and i hardly keep any funds in banks but that is because i grew up with both parents working in computer programming and i had internet access since i could read and type. even many of the early millennials i know just a few years older than me (28) are not technologically literate enough to be their own bank via crypto. we're just now seeing crypto on the fringe of the mainstream, i do believe that crypto and stateless global currency will prevail once the masses understand it but we are farrrrrr from that point. hell i'd wager that the majority of people who hold crypto could not explain what blockchain is and why bitcoin has value, they saw it on the news and heard about kids getting rich and said "yolo i'll buy some bitcorns"
honestly i’d call the cops too. obviously not on the guy but to help him. if a 60 year old man is draining his accounts to put it all into an untraceable crypto, i’d assume he’s being forced to do so by a kidnapper or blackmail. also taking cash out of your bank account doesn’t exactly make it easier to buy crypto.
i work at a bank! this one time a lady came and wanted to withdraw ,000 but banks can only limit to , came back 3 hours later crying with her son because she got scammed and lost the money: someone called her to withdraw cash and deposit into bitcoin machine 😢scammers target the the vulnerable
this is in canada. you cannot just walk into a bank and ask for ,000 in cash. they do not have that kind of cash on hand in there. if you want it in cash, you have to call the bank way in advance and they have to order the money, if it is even possible to get that kind of money. what, did you think they have a mcscrooge duck bank vault in the back filled with cash and coins? hardly. all the money comes out of a big atm they have sitting on the floor and anything over ,000 is a huge amount of cash to ask for and you have to fill out forms for that before they will even do that. face it, the money is nothing more than zeros in a computer server somewhere in a data center. the yahoo making the video should of just did a wire transfer to a bitcoin exchange instead of being an asshole to the poor people working in the bank. likely they are underpaid to deal with his level of bullshit.
he could lose his entire life savings by doing this - you are a moron
it's not his money. he lent it to the bank and he is owed the money, it.does not mean he can have it as they can just default. the fact is they do not have that much paper money on hand. in fact there is not even a fraction of paper money available once upon a time, paper money was redeemable for gold now, you cannot even redeem paper for the money that is your account
this guy seemed obnoxious to be honest.
unfortunately the old guy doesn’t get it. scammers will have targeted him and the bank and cops hopefully rescued him. tho sometimes the fraudsters can be so persuasive that the victim won’t believe the cops
story makes 0 sense. this guy is an idiot. he can just wire to an exchange, unless he was up to no good to start with
i work in cash automation, basically the machines behind the teller line. they do not have 250k in most branches. they only have that much if they have have 2-3 full machines. they might have it in their vaults but you'd be wiping out their cash supply. i do not work at a bank, just for the bank, so i do not know if you'd get that much cash even if you asked in advance.
the banks are 100% right to do that tho lol. if i was a teller at that bank, i'd be super worried that this older guy was getting scammed or some shit. plus, he is acting like a total fuckinf weirdo in the video lol.
the fuck?? really?? so it’s the banks money and not his?? surprised they didn’t shoot him. edit: i see a lot of people commenting that he was probably going to be a victim of a scam which could happen i guess. i bought all my btc through an otc desk especially when i started back in 2016. some people don’t trust exchanges especially if they’re new to crypto and or old. heck most anyone still doesn’t trust an exchange, most people say don’t hold your crypto on an exchange “not your key not your coin” or “don’t leave your crypto on an exchange” bla bla bla. cold wallets are the way to go imo and maybe this guy is just woke to the things most people say.
moral of the story? if you need a lot of cash, call in ahead of time. you will likely need to make multiple withdrawals over multiple days. also, don’t be a karen and go psycho at a bank. the guy is an absolute moron and deserved to get arrested.
how do you know he wants to invest in crypto? he does not say it in the video.
i would say that this picture is not associated with the call ,since the guy in the picture looks to be about 30
with all due respect to his own money, i feel that making a scene like that is not going to win him any favours.
this story makes no sense
we do not see why the bank refused the man. we just hear some guy freaking out, and we see the cops keeping a man out of a private business he clearly does not own.
my wealthy boomer dad sold part of his bitcoin stash and the exchange refuses to let him withdraw the money. they want to see his pay stubs (lol) and a tax return for "money laundering regulations". he's so pissed for being treated like a criminal. now he knows how crypto investors feel. edit: it's a well known, reputable european exchange.
poor guy actually thought they keep that much cash on deposit.
it's his money and he wants it now!
the autist in me wanted to withdraw the .
the bank does not have 100k in cash (or even 50k in most cases). you will have to wait days for it.
i use td but i would assume that scotia has similar rules. i have spoken with a td teller about how they handle large cash withdrawals (this was years ago, rules may have changed) and as far as i understand it you can withdrawal as much cash as you want, you just have to let the bank know in advance. chances are this scotia bank location did not have an extra (beginning of video) 248k (end of video 272k) in cash just laying around in order to service a walk in from one person. it's also probable that the bank did not even have 248k in cash on site. i am going to assume, although not part of the video, that after the bank said they could not immediately handle his request he became belligerent. thus why the police are there.
he said he wants to move his money to another branch. the video doesn’t mention crypto. if it has anything to do with crypto, it is likely that his bank wouldn’t allow transactions with crypto exchanges thus leading the man to want to switch banks. i don’t believe he intends to buy crypto with cash. also, as others have mentioned, banks require notice for withdrawals of large funds so that they can have the cash on hand.
what i think might of happened… you cant just go into a bank and ask to withdraw 250k. you need to call in advance and do some procedures. this guy probably just walked in and said i want to withdraw 250k and started making a scene when they explained the procedure he started acting like this and bank called cops.
dude, they did that because a lot of the time when stuff like this happens it is because they are (old person) being scammed and they do not understand what's happening. it happens a lot with pre paid cards at places like walmart and target.
the guy was causing a thisturbance in the bank because he could not withdraw , which he later calls . whatever the actual amount of money is, you cannot just waltz into a bank and withdraw that much money, usually because that much will really eat into the money the bank has on hand. they could probably "cash you out" with a cashiers check, but unless you call ahead to arrange a -.
60 year old man is an idiot or being scammed or both read the article, he threw a fit
i'm going to talk about the us but i be the same is true in canada. they are never ever, ever going to give him 248,000 in cash. never. it does not matter why he wants it. it does not matter that he has the cash in his account. the bank does not have that much cash on hand. and even if they did they wouldn't give it to him. i tried once to take out ,000 in cash and they wouldn't do it. anything over ,000 was not going to happen. and i'm pretty sure that has to do with money laundering and cash related issues. you cannot make big cash withdrawals.
it would have been a lot more productive if the cameraman came at it like "i cannot believe they are wasting the pd's time like this. you all have better things to do...dosen't this piss you off as police officers?"
story pretty light on details
alternate title: bank calls the cops on man who caused a thisturbance.
"i want all my money right now." "we're not a bank, jerry." only keep in banks what you can afford to lose.
this has scam written all over it the cops are not there because of crypto. it's because some excuse of a human being likely convinced him to withdraw the money.
the fuck are the cops gonna do? it's not the cops job to validate his transaction, or prove his identity. even if they saved this dude from a weird decision, i'd be pissed i could not have my money...
you don’t take out money in cash to put into crypto 😂 you put money in the bank to transfer it to the crypto 😂 this is just something the bank did to save his ass simple.
this post is why this subreddit has lost its mind.
or, and bear with me, he was a victim of a scam. you know, like most old folks tend to be because they answer the phone regardless of who might be calling.
with a bank, if the cash is not in your hands, its not your cash. with bitcoin its, not your keys, not your coins.
more clueless elders to buy your bags?
world star is garbage
oh look it’s the media associating crypto with criminality again.
where he is kind of old, wouldn't there be substantial risk of all that money being lost? this is not a "what if crypto crashes to zero" comment, this is a "what if he dies and his family members do not have the information necessary to get into his wallet" comment. was not it reported that there is tons of bitcoin that is effectively permanently locked out because the owner has lost access to the wallet?
this is mobile cancer. can anyone tldr it for me please?
we should not be applauding a 60 year old man withdrawing all of his money to put into crypto. that's a very sad story waiting to happen
fyi he fell into a scam, and the scammer required a large sum of crypto as ransom.
[police love stealing money](
the bank absolutely did the right thing here
this guy is is a fucking tool. cops were just doing their job.
there were some video on youtube and a guy wanted to get something like 200k or 500k in cash from a bank in new york without any prior notice, and even there only one or two places were able to do it in the end. and we are talking new york, not some yuma, arizona or where is this video filmed at. if you want such amount of cash out you should always call the bank first so they can prepare it for you etc. tl;dr this guy does not know how to exist in a real world. by the way, all of this is in the terms of service he probably never read.
60 years old and has over . don't think this is a smart person.
here come the boot lickers.
okay, so this is in canada where people generally are happy to help each other. sounds like this guy asked for ,000 cash withdrawal which is way above what is normally permitted with an off-the-street walk in withdrawal. yeah, it’s your money but you store it at a bank and the bank has rules. my guess is the bank said “sorry sir, you can’t withdrawal that much at once” and this guy lost it which likely lead to the police being called. anecdotally, i once went into a scotia and got a bank card to my fathers account (i’m his poa and not personally with scotia). i had a mask on and still got it. it’s all about how you treat people.
when at any time did he say in the video it was for crypto? also its 100% unclear what the initial problem was.
we need more people who are going to liquidate all of their money and put it into crypto?? you think that’s a good thing?
in australia, some banks are blocking peoples online banking withdrawals if they have the words crypto or bitcoin in the description.
i mean, all i'm seeing in the comments is a bunch of lame ass excuses trying to cover for the banks. why? they literally have one job. store your money safely. i understand about bank runs, fractional reserve lending, etc but if i had 100k in the bank and needed it, i'd be furious if the bank i trusted to hold my money wouldn't let me withdrawal more than 1. bitcoin is volatile yes, but it sure beats the hell out of some lousy banker saying "sorry, you cannot have your money today."
why are there 6 cops? even if the guy had a total freakout, it should take a max of 2 cops to calm him down. totally unnecessary show of force that escalates the situation.
here in the us, you have to tell them what it is for and they put you on a list and report it to the irs. these are not democracies, they just want you to think they are. the massive surveillance of your every step outside your home including every purchase you make is a reality today
we really need to ban stupid posts like this, it does not help the future of bitcoin
this man's decision shows that he was in his right mind. it is those who prevent him from doing as they wish with the fruit of his labor who should be punished.
honestly, the number of people here who think that a 60 year old man is an old man, the kind of person who is suffering from early stage dementia and at risk of getting scammed, that needs protection from the bank is absurd and shows me that a huge portion of this community is actually inexperienced teenagers who are going to get eaten alive by the 60 year old crypto investors.
we all make assumptions…. it doesn’t matter how... could be his family member that makes the purchase, you can never know. the issue is the fucking fiat held by the bank. 😳
i’m kind of surprised how many people here are sympathizing with the banks, and not the guy who wanted his money. yes, it’s stupid to expect a bank to have ,000 on hand, and yes it’s stupid to ever carry that much cash even if just walking to your car... but it’s his money that he worked for (assuming he worked for it). the fact that he can’t access it shows a problem with the system. sure, he’s a nutter, but he has the right to do something nutty like withdraw that much money, put it in his pocket and risk getting robbed on the way to his car. and if he wants to invest all that in crypto, he’s an idiot but he has that right.
thanks to the bank ,the old man just got saved from being scammed off his life savings
the bank did the right thing.
imagine if its illegal to buy >2 btc
i am jealous he will buy the dip whilst i have so little cash now i cant :p
are they already being that afraid?
did they let him withdraw in the end? if not it means they are afraid of the bank run and would rather break the law to stop it.
all the banks are stupids !!! i was selling btc peer to peer vía localbitcoins ! i had few old customers buying big amounts around (10k- 60k ) i verified with a call each customer , and making my kyc !you know verified that not scam around ! and all my customer confirm all the information ! but the bank closed all my business account for suspicious activities lol !!! suspicious ! and we can’t tell then is bitcoins business lol !! so fuck with that banks !! i stop selling here in usa ! because is a big problem with all the laws and license !!!! in other hand in mexico is a free land for bitcoins business ! actually bitso (exchange ) confirm that in latin america the people is selling btc otc via facebook paid and whatsapp!! here go and tell that you are selling btc and look how they treat you for money laundry !! sorry my english is not well !
pigs protecting the banks who actually dont have your money. this is all anyone needs if they are questioning whether they should switch.
yeah no, this is not a good thing. good chance this man was about to lose a good portion or all of his life savings.
stupid video, stupid title. old folks are often exploited with some money scams. nobody knows what went on inside the bank. withdrawing a large amount of cash for a crypto investment makes no sense. if the man told the bank employer a funny story and there was reason to believe that he was being scammed, the right thing to do was call the police to investigate. without more information this is just another campaigning cost. btw, i doubt the old guy "gets it", if he is not able to talk a bank employee how to handle the transaction in the best way.
the bank probably saved this guy's retirement. the bank needs to give you your money - but that does not mean physical cash on hand mostly for reasons of security and space. they're not keeping him from his money. if he would want to wire it to kraken, he would have had no troubles (assuming he did not trip any of the fraud worries.) (that has nothing to do at all with fractional reserve lending. even if it were magically banned tomorrow they still wouldn't have to have millions in paper bills in the back of your local boa.)
because he wanted to withdraw over 200k and the bank workers called the cops on him... the description of the video in the link states his intentions were to buy crypto with that money...
delete this post. dumbass.
we should have only 10 % in fiat reserves and 90 % in crypto. it's risk to have money in bank.
run on the banks. let's go
you should never invest all your money in one place, especially if you are a 60 year old with limited future earnings… there is always some risk associated with every investment!
why are they not allowing him to withdraw?
lol! new twist to bank run
cash to crypto is almost unheard off
we took out 50k in cash but had to break it up over the course of a couple days. i do not keep large sums of money in the bank. we invest, buy precious metals or expensive things that increase in value. it's my money. the bank should not care or question me. anything over 5k is withdrawn immediately.
that’s crazy but nice
“we need more people like this guy” i hope your parents take out a mortgage to buy their crypto.
called the cops for taking your money?
it’s a sad cold world baby
i dont think this has anything to do with crypto dude was just upset he could not pull his money out in cash. he should of known bank branches dont keep that kinda of cash on hand to give out to 1 customer. if he called ahead to let them know of the withdraw they would of had the cash delivered. or they could of gave him a cashiers check or done a wire transfer... dude probably wanted cash rite there and then but it dont work like that!
who cares what he wanted to spend it on. it is his. he can spend it on pig ears and pink crayons if he wants. it is his money and the bank calling the police for anything but an escort, is lawless.
i am the 1k up\~
pity the banks are so conservative. they could make a packet on commissions. isn't that their bottomline?
are you crazy? don't invest all the money in crypto.
that's how you do it. all or nothing.
the banks do not have our money
it sounds like he was going to get scammed by some scum bag, banks anti fraud policies aren’t all bad if you are vulnerable to crypto scammer.
* "can i have my money" * "no." seems like all those officers missed the entry class on theft.
250k there is no way a branch would have that much in their vault. you need to call in advance for them to schedule that withdrawal
who ever withdraw paper money to buy crypto? it is a right call.
cops would have probably confiscated the cash from him.
never invest money you cant lose! in this case im glad the police shown up, this was shady af
not sure that it is positive for crypto!! probably some sort of scam
unpopular opinion here, but it is his money, so even if he wants to pay the scammers, he should be allowed to. bank should not be allowed to ask for what you want your money. i’ve got this checking if he is ok, but for me it is just undercover for controlling society. fear and “care” are the best means to do it. it is not ok, when he wants his money back, but it is ok, if he pays for retirement for 40 years and gets paid less than he paid for it… that’s why i am putting my savings in everything else than country currencies. and huge benefit of bitcoin is that i can exchange it for the exact money of any currency i need in seconds. i hope that in the future i will be able to exchange bitcoin into usdt etc. and pay like that for everything in the long run, or in the short run transfer any crypto to my wallet in paypal…
pretty sure he is a teach me bitcoin, son. follower. [twitter.com\_bitcoin](
lol only a 60 year old would go to a bank
lmao this was in my city. buddy was causing a scene in the bank he didnt just go to withdraw cash lol
cops wouldn't have been called to stop the man from withdrawing money because as a bank you legally cannot refuse a withdrawal for someone unless it is like t&c of the bank (like giving notice for large withdrawals so bank can order in cash etc). the cops would have been called to talk to the man as the bank believe he is going to get scammed and if the customer is not going to listen to the bank (a lot of the time scammers tell people the bank are out to scam them themselves or something), so the cops get called so if the person has a literal cop saying yeah we see this all the time and the customer still goes through with transaction, then the bank has done everything they could and when the victim of the scam realises they have lost loads of cash and try blaming the bank for letting them do it the bank can be 0% liable.
my bank called me 5 times in a week when i started investing crypto to let me know it was a scam and that i shouldn’t do it delaying all my wire orders... and at the same time they offer me their investing portfolios as a better alternative 🤷🏻‍♂️
wtf why are there 2 police cars? as if he robbed a shop at least or something like this. he just wanted his money. fuck banks
scotiabank is 100% garbage.
is this the usa? all they have to do is wait for him to leave and the cops can take all his 💰.
at no point did they say they wanted to withdraw cash, so many window lickers in this thread. he wanted to move his money, and the bank refused... to 'protect'​ him. at least thats how i read it, but what do i know.
this has nothing to do with crypto.
i usually handle this transaction from my desk at home without police. did he show up with a bag with a dollar sign on the side?
did i miss the part where he said he is buying crypto , or just a convenient video to use here ?
he's investing in bitconnect
sorry, but that "60 year old man" is a raging asshole
cool that he wants to invest in crypto. but if want to withdrawal . dude has a little karen in him and threw a fit.
ever wonder how people become homeless ... this is one of it. although if he is successful he will become king... a crypto king.
it's not wrong to call the police if someone tries to make suspicious withdrawals. could also be a scam victim or something like that. it has nothing to do with bitcoin or "the system".
banks in ireland are refusing purchases of crytpo for the very same reason,roll on defi these clowns are quickly becoming irrelevant...i will never have a bank account again... full autonomy from here on in
he was thinking about i guess 💎👐
love how you now able to spend your own money. fuckin banks.
why the f did they call the cops though??? just because he wanted to withdraw his money and invest it doesn’t mean he’s break the law? freaking insane.
im sorry, but i do not tell my bank what i do with my money. its none of their business. why would he tell them? why should the bank care? is it different in canadia?
that’s going to start a run on the banks.
yeah, there is one big thing that i think we should all be considering: no self respecting canadian from winnipeg speaks without a single "eh".
everyone assuming this man is confused?! imagine how many times the bank fucked you over when you are 60! i dont think the man wanted to take out all his money in the first place. but after the bank call the cops on him he wants nothing to do with the bank anymore (surprise surprise). this will happen more and more remwmber this is part why we're in crypto: the money is not really there.
let us all agree some dude in a call scamming center , missed out big time lol . why would he need it in cash ? probably to buy 1000 gift cards ...
i don’t understand why this is such a big deal??? if i had 200k in the bank and i wanted to withdraw it to use it a fire starter who the hell does the banker think he??? it’s my money i earned it by following the law so how can the fucking law tell me what i can and can’t do it with it... just another example of the govt controlling your every move. what a shame
cops don’t care about the money, they are there for the thisturbance. you can’t just come in, unannounced, and ask for . they don’t have the cash on hand for it. it’s not like the movies where a bank has some vault with stacks of money. they probably told him he’s going to have to put in an order and come back later, he got irate and made a scene forcing them to call the cops to remove him.
doesn’t the bank do this when they’re worried about someone being scammed?
when a bank called the police on me for [switching 50's into 100's]( normally i'd tell them to fuck off but didnt want searched because civil forfeitures are definitely s thing...
woooow. really they wouldn't give him his money? i'm sure he has to call ahead for them to have it ready but they still have to have it. bullshit i'm getting my money out and investing it in gold.
i would too if i was that bank "hey that guy is stealing, i mean taking all his money from us"
the most i hate about banks whenever i withdraw money is when they ask me what i want to do with my money... it’s none of your business capisci?
the hero we need but do not deserve
cops protect the rich and the banks. don’t kid yourself, they are not their for our safety. they are there to protect the wealth of the banks and the elite.
hell i’m 70 and been into crypto for 3 years!...
seems normal to me... older people do get scammed often
you're not going to get a pass when you're that obvious to the system. you have to be a bit more subtle otherwise they will point blank refuse.
plot twist: the cops plant drugs on the guy and now it is the cops cash. don't pretend like it does not happen.
the bank calls the cops because someone got aggressive when they did not have a a quarter of a million euro's in cash available to give him when he walked in without prior notification.
and this guy is right! now that many crypto companies are licensed (binance, coinbase, ownr), why keep money in a bank?
thought they were calgary police for a second. but he said winnipeg and ya... that accent. i've been in the us too long.
ridiculous, we do not own the money we worked for and paid tax on. this is one reason we need bitcoin and now banks are blocking peoples chance at financial freedom, this world's so fucked
my bank used to give me shit over anything over . it was a real nightmare getting any of those transactions to go through on coinbase. hilarious, because now coinbase is worth about 10x as much as my bank is as a company. but they called and told me after one of said transactions that they were reporting me under some “patriot act” shit. go ahead i told them. i also had a bank account at a smaller bank (first national of pennsylvania) where they closed out my account for buying crypto.
and these same cities sell lottery tickets which are the biggest scams in history! what hypocrites
yea, notice old age makes people not wise bur stupid. i read a similar stories from other places where a 90 years old man ignored his grandsons, sons and bank tellers advice and wired the money to overseas and later blamed the bank.
gonna need some context i feel like i missed a lot of it.
why call the cops
alright no, buddy doesn’t understand how banks operate😂
wow. you can obviously tell who the bankers are in this post. lmao.
or he found someone that preferred cash and was willing to sell it to him below market price because of the size of the transaction... maybe???
why did they call the police?
so...is it gonna double in the next 5 years...and he will risk it for that????
this is how you lose your money then off yourself because it is a "scam"
>"i'll put it in my report..." the police officer says while not taking a single note.
the news reported his name as chad mcchadson
bank felt robbed hahahaha!
why were there so many police officers?
who else thinks the guys on the picture look like criminals?
if you need all your cash from your bank account request a cashier's check. anyone who would not take that as payment is absolutely a criminal.
ruthless exploiting the poor and naive so price goes up. disgusting.
you guys are one step ahead of the market getting your news from world star hip hop. impressive work.
i hate to say it. but they probably saved him from getting scammed. the sad part is you cant just go get your cash from the bank anytime you want it. if you need large sums you need to give them a head up.
i worked as a teller. this happened from time to time. most of the time when an elderly person is withdrawing a large amount of cash, they are being extorted, abused or defrauded. it’s really sad.
after watching the video, seeing the “poor little old man not being taken advantage of” railing on 3-4 cops & bank people with a foul nasty mouth, and some women (daughter/) with him - i think he’s the exception- he’s capable of making the decision. he called the police because they wouldn’t give it to him. i don’t blame him, but - not cash, i’d get a cashiers ck or something 😂😂
i’m confused. who do we need more of in this video?
itt people think bank vaults have millions in 100s just hanging out like in movies.
“fckn mutants!!” lol, give this guy gold!!
this is exactly why we need crypto
okay, but it is a lot easier to just make a bank transfer to coinbase pro.
canadian banks are not friendly to crypto based on my experience. my strategy is that i buy bitcoin or usdt from canadian based crypto apps like virgocx, coinsquare, or newton thru etransfer. then i will transfer to my wallet or to overseas crypto app. it is difficult to buy direct outside canada. my suggestion find a local crypto app
he was about to get robed some guy told him i'll get you some bitcoin
somebody stopped this man from losing his life savings, good on them.
lol, banks still frowned upon on btc sadly
well nows the time to buy... i bought in at ... waiting and praying it goes back up... nobody want to be over !!!!
hes planning to have something to inherit to his grandkids? better call the cops
he wanted to buy the recent dip.
that website is cancer. video:
lol says nothing about crypto in the video.
you know how they tell you not to keep your money under the mattress in case of fire? well... there's fire.
oi where’s yer loicense fer all that cash mate?
banks = f\*\*king losers. can't wait for crypto to put them to permanent sleep. rip banks
i’d call the cops too, not on the guy but to help him.
he should have just wired it to an exchange, banks do not have that much in cash
that’s why you only keep minimal amounts of money in your bank just to pay for your expenses!!!!! the 70% of your earnings after you take your cut for your retirement accounts tax free by the way, after taxes, union dues and medical benefits you invest into different brokerage firms ballooning different portfolios that all pay you dividends and you can set and forget. so when people ask you to borrow money you can actually say i’m broke and not be lying because you only keep less than 1k in you bank just to pay bills!!!
this is ot, and i apologize. hoping someone has insight. my bank declines my cashapp deposits, every single week. i do . i have to spend a 45 minute call(8x now), to get my money unfrozen. it's not just declined, but a fraud alert is activated and my debit frozen. ridiculous. are there banks any of you are using that cashapp goes through smoothly for auto deposit weekly?
they may not have it on hand but they do have a responsibility to get you the money that you deposited into their account
why is this being upvoted? not once did he mention crypto and theirs no real source.
i believe this source hatched the legend of bat boy. i suggest you use more credible sources such as [totalfuckingbullshit weekl](
americants are such violent, feral animals.
do banks have a minimum amount of money they hold or they do not allow any more cash withdrawals on a day? i see the biggest defense of the bank is "they do not hold that much cash". am i to believe if i go in on a random tuesday that the bank did not receive a shipment and no businesses have made deposits that i could not withdrawal 5k dollars to buy a car unexpectedly or some other emergency? i understand the cash amount are way different but the situation remains the same. i should be able to withdrawal during business hours unless the bank does not have it, even then they should be able to point me to a branch that could accommodate my request considering the situation of me being in fact a customer and not a thief. if i was a thief i just gave the bank a lot of info before the robbery. i have no problem with this being a case of overreaction by a mad customer. i do feel banking is one industry that forgets who or what a customer is. just my experience in business. i'm curious about the situation. if the bank only has 6k in cash am i allowed to withdraw 5k?
how is the guy's age relevant?
really? all in crypto?? does it safe?? someone explain for me what is cryptocurrency, bitcoin, ...? in 2020 and 2021, everyone are investing crypto
your time draws near crypto criminals! you freaks better cash out now before you end up in jail where you belong! china and usa are putting an end to your subversion and crime! cant wait till you pigfuckers are all in jail!
the fact that a bank literally calls the cops on their customer is hilarious. *and bloody retarded...*
lol, this is how banks keep fiats strong by using cops to protect it🤦🏾‍♂️
more power to him.
this is a scam. the man isnt talking about crypto.
my bank in australia just closed my account 7 weeks ago, im stranded in another country and they havnt returned my money that was in my account... its been a living hell trying to get anyone to respond!!!! i lodged complaint to the proper authorities that are now investigating what is going on... this is absolutely crazy... been here 3 yrs no problems but 2 months after i start crypto... im shut out :(
he was buying hookers & cocaine with his life savings...hell yes! rock on old guy😂
nope, we do not need more people like this guy who put all their money into a single asset class. it's risky and irresponsible .
the banks, federal reserve and the irs are all getting antsy that more people will get smart. you can take your money out (i would prefer wire transfer) and put into things stable coins like usdc and get much higher interest rates. on voyager, it’s protected by the fdic. so... why the hell not? putting into individual coins is risky, but much much higher rewards.
can’t even coordinate a mass bank run these days geeze
these are the types of troglodytes police have to deal with on the daily.
probably he met some guy who was going to buy the crypto for him and was going to give 1000% profit in one month. he was going to get scammed and it set some red flag at the bank.
i guess i’m confused because how the hell do you even buy crypto with cash?
we have bitcoin atms at gas stations in phoenix. i was sketched out by them though. i think that this 'investment advisor' was certainly going to scam him.
we have had a bitcoin atm in las vegas for a year plus now. still not safe to carry around that ammount.
you have a point there🤣
probably they asked to have a conversation with him before he can wire his money.
my thought too. i'd like to know what's the update though, did he get the money and did he use the cash to buy crypto (how)? or did he almost get scammed?
i mean it is one way to make 250k with crypto fast
the answer is they probably thought he was being scammed.
there was a localbitcoins.com and locallitecoin.com that you could use to meet people locally and trade cash for crypto. i used before. for the less adventurous, you could deposit money in their (verified) bank account physically at a location and then send them a picture of the receipt then they would send crypto. i highly doubt this had anything at all to do with crypto, it was never mentioned in the video at all.
crypto atm maybe idk good question
seems like hes not a fan of kyc
he's 60 years old, that about sums that up 🤷😆
yes obviously. and obviously this headline is satire
i can tell you from the unstable psycho way the man acted in the video: he walked into a small branch of his bank without phoning in in advance and out of the blue says he wants **172000$**. they tell him they don’t have that kind of money on hand as any sane person would suspect and they only called the cops after he threw an absolut fit insulting.
😂😂😂 that would have been the icing on the cake
somebody could be getting held hostage and they are demanding a ransom.
banks should not give a shit about what you do with your money.
no, they do this because most banks do not have enough cash at them anymore. most regional banks only carry around 10-20k usd in cash these days in the usa. you have to to go to like a coportate hq bank, or whatever its called that actually deals with large amounts of cash transactions.
either way he shouldn’t of had cops called on him and forced to leave the property... that is his bank, he’s not old and senile... he just wants his money... i’ve tried withdrawing even small amounts like 30k at a time and get hassled every time i do... they don’t want people constantly withdrawing large amounts because they don’t have the fiat to give them if they all decide to do it... this is what lead to banks collapsing and a recession in the past
you don’t call the cops on your supposed customer cause you think they are about to be scammed , it isn’t right, best you do, you try to guide and and advice them , if they still don’t heed to your advice , then their loss , you tried...
well he was not actually trying to buy cryptocurrency...so there is that
man, i had to scroll pretty far down to find a sensible comment. actually ridiculous this video is being upvoted so much.
> the cops probably were called because he was causing commotion inside two sides to every story.
you sound like a solid customer service rep for their bank! definitely not at all assuming things and defending the bank!
bro banks bad crypto good nothing in between
people believe anything thy are told and how they are told so easily.
this is the entire basis of the race riots last year, too. ' the peaceful protests, too. ' people decide they know 100% of a situation from their comfy armchairs hundreds of miles away and they start to condemn and hate others without the full picture.
it's the crypto world, they need thishonesty to keep the pyramid from collapsing.
worked in a bank, can confirm. we even had a guy come in *with the person who was defrauding him* and was very adamantly trying to withraw 10k+ to the point that he and the fraudster were openly thiscussing structuring transactions to avoid financial reporting (this alone is a crime). dude thought he was buying a boat sight-unseen.
this shit is not transparent or common knowledge, if this info was on the website, it wouldn't always be so shocking and people can prepare themselves to better follow the rules -- at the very least, they can be pointed to it at branch and know that it must be policy that applies to their peers also. without it, they just think you're making shit up to stop them doing what they want to do. you're (the bank) holding all the cards, so it is a bit of a sharp realisation when we learn that we put our trust in a 3rd party and that 3rd party has free will or at least instructions beyond our own.
imagine someone wanting their money?!
fractional reserve banking is one of the shadiest things they do, and yet i’d say 80% of americans don’t even know what that is... and that percentage is modest, it’s probably more lol
grown ups generally understand that banks do not carry all of the cash people hold in their accounts. most people who open bank accounts have understood the plot to *it's a wonderful life* since the 1940s. then you have absolute morons like the guy in this video who do not feel the need to understand finance, law or government, and think you can just get your way by throwing a temper tantrum.
i already withdrew all my money. i just did not do it all at once.
ad to they mayhem, and on a planned month of the year, everyone modifies their w4s to not pay income taxes for 1 month (you can resubmit it again the next month), the us gov would starve for funds and collapse.
he seems like a smart man so i’m gonna have to say he 100% was not going to dump his life savings into a shitcoin 😂
at my cu if you want anything over * give us a week notice * give us a letter in writing why you need the cash * get it approved through several levels of people above my manager * sign a letter saying that you can not return the cash back to us and that you are liable for whatever happens to it the second we give it to you * bring your own armed state license bodyguard
unfortunately this is true now. up until march 2020, large banks had to keep 10% of their deposits in reserves. now there is no requirement to keep any percent of deposits in reserves.
they are fdic insured tho... they may not have it on hand but they do have a responsibility to get you the money that you deposited into their account
exactly. another “world star” trash vid. for all we know dude was pissing all over the place inside and kicked out then wanted his money.
hold up. that's shady af. which exchange and which country?
first time hearing that.
i’d like to know as well
this is normal actually. for fiat withdrawals, kyc(which on some exchanges require no kyc at all). the exchange needs to cover their own ass, and also do not want you to get scammed.
i've heard this type of shit now too many times. i thought that people were just plain being scammed, maybe this is different since: earlier, i heard of exchanges taking a cut to pay the taxes or asking for money to pay the taxes which is definitely a scam -- we pay our own taxes mofo! --, but sometimes, people do not understand the situation they are in and make assumptions about what they are being asked for, so it could really be the same situation across the board. i hope all goes well. i hope this is not really a thing.
not true... i’ve gone in and raised hell, withdrew like 70k without giving them a heads up... they sent me to 2 diff branches but i got paid that day! had to pay me in 5s and 10s to get me all the cash but they made it happen... and that was wells fargo
yes they do. i frequently withdraw large cash amounts when attending auctions. not once has my bank ever questioned me or even looked sideways at me when depositing or withdrawing cash.
any transaction in the amount of over .99 there must be a document called a ctr or sctr filled out. ctr stands for currency transaction report and sctr stands for suspicious currency transaction report. there is absolutely no reason why someone should not be able to withdraw any amount of money that is in their account granted they give the bank enough notice to acquire the liquidity
> with a bank, if the cash is not in your hands, its not your cash. that is not necessarily accurate outside of fringe circumstances where the government steps in and freezes your accounts. outside of that one possibility, nobody is losing any money in a bank. even if the bank fails, fdic is going to back that deposit (up to 250k, and lets face it, very few people are keeping more than 250k in an account)
> can anyone tldr it for me please? it is a video of a guy outside the bank in canada yelling at 6 police officers saying that he wants to file a complaint because the bank would not give him his money. crypto does not actually get mentioned in the video, just in the article's headline.
all his money from that branch... who’s to say he doesn’t have stocks, 401ks other bank accounts, properties and assets... it’s his fucking money and if he wants it he should be able to get it... idc if you don’t have it all at that branch, i will take what you have here and gladly go to the next one till i eventually drain my account but i’ll be damned if they call the cops on me and won’t give me any of it
bank was pissed already they did not have the means to play with the poor mans cash. now he wants out from the fiat system? we have a robbery here guys, better call the police.
i like your name 🚀
based? u mean bias? sorry just a little confused
> but if i had 100k in the bank and needed it, i'd be furious if the bank i trusted to hold my money wouldn't let me withdrawal more than 1. bitcoin is volatile yes, but it sure beats the hell out of some lousy banker saying "sorry, you cannot have your money today." to be fair, good luck converting . the guy could have easily gotten his money out digitally through ach or a wire, the problem was that he wanted physical cash.
typically people acting insane an irrational at a bank gets attention.
we do not see why the bank refused the man, this whole story is half truth
government making sure the police have the budget and human resources to threaten citizens.
he could have been a huge nice cooperating black dude which would need more than 2 average cops to kill him... i mean arrest him when resistance is offered
so three of them can hold the other three’s beers while they gun him down
that's for deposits, not withdraws. it's illegal for the bank to ask why you're withdrawing your money; nitwit.
thank you!!!! jesus christ these people are missing the main point of this as well... you can hear in the video the guy is not senile... he’s angry that the banks are taking advantage of him and his money
imagine some guy comes in to ask for physical cash to buy something online. i'd think he was getting scammed and would probably ensure the dude is not about to lose his retirement fund to renew his car warranty.
the “this is for their own good” narrative is idiotic and patronising, it needs to stop.
how's that boot taste?
this video has nothing to do with cryptocurrency. videos like this are why this sub makes me cringe. the bank is not keeping his money because they care about what he might spend it on lol. he could say he is going to spend it all on hookers and booze, it does not matter. banks have daily cash withdrawal limits for a bunch of reasons, least of which small banks do not always have . if this guy wanted to withdraw , he should have made sure he held an account with a bank that is equipped to provide that. when you open a bank account you sign terms and conditions, which generally specify how, when and where you can withdraw your money. if you sign the t&cs, you have to abide by them no matter how mad you get.
oh wow, the title says it? then it must be true. lol. did you learn how to research truth at the cnn school of journalism? show the receipts or it did not happen.
he can do whatever he wants. loser
and if you make an appointment to withdraw the money or close your account properly, it is not an issue.
even then he has to tell the bank in advance.
more like to protect the system.
nah, if it is in cash you are supposed to put it inside magazines and mail it to an airbnb where a mule sends it on to his bosses in india.
just an fyi. it is actually against the law to intentionally burn money.
well if you put it in a reputable stable coin, yeah pretty safe and your amount will stay relatively the same. if you invest in speculative cryptos. then no, not at all. that price will fluctuate like a mofo.
not the point but ok
fortunately keeping it in a stable, backed by real things currency like the usd is a much safer strategy. the government insures there is plenty to go around by printing 40% of the entire supply of usd in existence in 1 year, and then a further 6 trillion coming up. in my mind, there is nothing safer then stashing those usd dollarary doos and stashing them in a bank account with 0.1% interest rates. sure the currency devalues at the rate of new money being printed but, you cannot buy a coffee with a bitcoin. so there is that.
yeah do not invest a dime in crypto. invest it all in fiat! then you can lose 10% of your value every year to inflation, even when you're up 5% in fake numbers! brilliant!
voyager is not protected by the fdic. voyager is a ponzi scheme and scam! please do not promote scam exchanges here. please and thank you. crypto is a good investment when placing it with *legitimate* places, and can be a gain *or a total loss if entrusted to a scam company such as voyager, mtgox, coinmx, uphold, damecoin, and other known scams*.
this! nd this is why the bank calling the cops was good
source: my wife works in fraud at a large bank. this shit happens all the time
umm 60 year old man isn’t that old. if you’d said 75 year old man, then maybe. but 60 is “young” old. 60 is where you joke that you’re decrepit but aren’t actually.
so they called the cops?
that is so wrong. he wanted to withdraw more than that small branch had on hand and made a scene when he could not get it.
or his bank didn’t want to complete the large cash transaction. and went to withdraw his money and get himself another bank as he said in this video. remember many banks were against crypto. charge hefty fees or just flat out deny the transaction. i suspect there still a lot of banks against crypto
it's his right to be a moron and be scammed... if he wants to remove all his funds and do such that is on him. like others say you have to buy crypto on an exchange this is more bad cops and you people do not even see it.
i can’t believe people still fall for the send us x btc and i’ll send you 2x back scam. it must work or i wouldn’t see it live streaming on youtube with every major high cap coin.
> robably he met some guy who was going to buy the crypto for him and was going to give 1000% profit in one month. he was going to get scammed and it set some red flag at the bank. indeed this does happen, a lot. warn your families and friends.
this story is bollocks. you're all marks.
i felt that lmaooo def met a scammer who hes about to give all his money to
regardless its his cash and he is free to blow it how he feels your missing the point on a bank actually telling you your not getting your own cash... this is wrong no matter how it looks
look at all the banking sycophants apologizing for them. looks like banks are running a scam. you cannot even take your own money out.
you can meet up in person to exchange crypto and pay with cash. but you obviously do not want to exchange all .
i saw some sort of bitcoin gift cards at kiosks here in switzerland
pretty sure there are special atms in some places. ridiculous fees though.
local cryptos is one site you can buy from in cash, among other payment methods. useful if you want to avoid kyc for whatever reason.
atms, crypto atms are common in canadian cities.
before the exchanges got regulated and popular a friend of mine pulled out about . this was january 2017. i know both parties so it was not like stranger danger but that is how you do it. still no fun carrying around that kind of cash.
but aren’t they required to allow you to withdraw up to ,000 (or is it 250?) at any time?
lmao, any sane person. we live among people, sir. all my friends and family giv3 me a blank look when talking about fractional reserve banking. ford was right, people really do not know.
no that’s not what happened at all. he just mentioned crypto and the bank had him arrested because they fear crypto. edit: the
> most regional banks only carry around 10-20k usd in cash this is not true.
that wouldn't be a reason to call the police, if that were the case they would've not needed cops. dumbass think for like a few seconds.
because bank vaults do not hold as much cash as you think they do and they need to reserve enough for all their customers. banks use a lot of their bank vault space for coins, and small bills to accommodate business clients that deal with cash. not all the vault is . usually you would not "get harassed" if you call them or ask them to order you a larger amount of cash. honestly, anything more then , you should not expect it in cash at one office without calling ahead. most banks try to keep physical cash reserves under a certain threshold for security reasons.
as a banker, 30k is not a small amount. if i saw a w’d say to call ahead so you don’t drain our week’s cash reserves
my grandma got scammed like this. it’s 100% suspicious and they 100% should have called the cops. i guarantee it’s in your agreement with the bank they can take proactive measures to protect your money temporarily if they believe it’s being retrieved illegally. 30k isn’t a small amount to take out of a bank. normal people don’t just have a spare . that’s absolutely ridiculous.
i'm actually lmfao at this. these people on the desk do not give 2 shits about how much fiat the bank has they just want to make sure you are not getting scammed so that you do not come back in a week complaining about it. you can say but it is my money, but it is not you. it's all the other stupid cunts that cannot look after their money. it's perfectly legitimate to call the police and make sure he is not being scammed. just because you do not understand something does not mean it is a conspiracy smh.
because why on earth do you need 30k in cash you can easily bank transfer or pay online it’s not hard. it is super suspicious if someone is trying to withdraw 30k. what valid reason is there? other than maybe going to the strip club haha
only one small flaw, it’s not **his** money. it’s the banks money. he holds a iou against them that’s it. when he deposits his money in a bank he lends it to them to do with as they please in exchange for interest.
can i ask you a serious question - how do you purchase crypto with actual cash? all my crypto transactions are done online.
> either way he shouldn’t of had cops called on him and forced to leave the property... we do not know what happened inside the bank. he may have started screaming at them when they said they do not have that much cash on hand. calling the police on a thisruptive person in a business is absolutely an option. > that is his bank lol no it is not. it is a private business. he is their customer. > he’s not old and senile you do not know that. > he just wants his money... i’ve tried withdrawing even small amounts like 30k at a time and get hassled every time i do that is because of kyc and aml laws. anything over 10k will get flagged. you signed a contract stating you would adhere to laws and policies when you opened the account. > they don’t want people constantly withdrawing large amounts because they don’t have the fiat to give them if they all decide to do it... this is what lead to banks collapsing and a recession in the past banks do not keep enormous amounts of cash on hand. and that is a good idea really. otherwise they become a target. if this ranting dude wanted ,000 he should have called ahead and arranged for a wire transfer or a cashier's check. no bank in the usa is going to be able to hand over that much cash just because some dude walked in and announced he wanted it. and finally, this video never mentions cryptocurrency at all other than a clickbait title.
this is such an embarrassing misunderstanding of how the banking system works it’s pretty incredible
you have to call ahead of time if you want large amounts of cash, so they can order it to the branch. you can’t just walk in and demand .
this is stupidest thing i've ever read in the history of reddit. congratulations.
you dont understand how banks work, do you monkey
they called the cops because of his violent behavior. also most you said is bullshit
that's what they said to the old man.
just watch the video, the guy is clearly in the wrong. it's actually hilarious to me that this video would be posted in a pro-bitcoin subreddit. he's unhinged, a moron, and does not understand how banks function. actually, maybe this is the right sub...
my sister worked for a bank in canada. calling the bank before making a big withdrawal is common practice. expecting to get a quarter million dollars from a teller without notice is foolish. acting like an asshole and creating a thisturbance of the peace will not help your case.
you even watch the video? man wanted 172k on a moment’s notice
some of it are not online. like the ids bit, it is on the flyers which summarize bank accounts types and so forth. dunno about scotia, but where i worked at - we always give our clients a form which detail what they need to do in case they show up without ids or their ids are stolen and they need access to accounts. i went out of my way to even request management to consider putting this stuff into the flyers, in different languages too. banking advisors are also required by industry standards to provide full verbal disclosure on this process with clients who apply for any basic banking products - especially senior clients. unfortunately, the numbers of people who actually paid attention to these things are as rare as dime a dozen. i always had to refresh people on these things and send reminder emails to make sure people know to update their banking info. even had to call people to remind them but nope, 8 out of 10 people will never respond let alone agreeing to update their info nor wanting to be informed. i quit banking because despite of the desire to help, i realized people do not want to listen and do not want to hold themselves accountable for their mistakes. disheartening and thiscouraged from lots of red tapes in wanting to make a change - i quit. as for the whole full account withdrawal thing, a quick google search will tell the result. similarly, all retail level banking products list their limitations on withdrawal. in terms of responsibility-wise, always read the fine prints. bank agreements will say that they will look after your funds and your accounts. but it will specify that it is the clients' responsibilities to keep their account info up to date and maintain good standing with the bank to avoid any transactional issues. this includes being aware of information thiscussed prior. so take notes whenever you talk to an advisor, and always ask questions. we would much prefer to answer your questions than to have you come back and get mad at us for something we did not do for you, when you clearly did not ask for it. that's like me blaming myself for being sick when i clearly went out without a mask and inhale all the pretty little covid particles, then cough it back onto everyone else and blame the government for doing a shit job at looking after me. which is immensely irresponsibile and selfish of me to do so. we would not see a major shift in banking services until a more secured and efficient way to protect clients' information and identities is found. also until people realize that they really have to careful with their personal information, we would not see effective changes. as a result, financial services' infrastructure is archaic as fuck right now. the future is fintech and blockchain for sure.
it is the way money is generated. problem is there is too much money.
isnt fractional reserve banking all well and legal tho? i know its a crock of bull but they say its to stimulate growth and economy or some nonsense like that
in 2019 the fed reduced the amount of actual dollars to be held by banks to 0%. go ahead and check for yourself. a lot of banks are probably carrying like 5% of their balance in physical bills. always. have. some. cash.
lol, what fractional reserve? the current reserve requirement for us banks is 0 percent. this, among several other fed and government irresponsible financial decisions since covid, has caused the greatest asset bubble and greatest usd debasement in us history.
no kids. we all know it. don't act "woke". i really do not want tens of millions of paper dollars sitting at every bank all across america. totaly wasteful and robbery would constantly happen
it's not shady. that's how it works.
good thing there is no frb anyone. they changed that last year.
> grown ups generally understand that banks do not carry all of the cash people hold in their accounts. good business would be to make sure that customers know that the maximum they can withdraw without giving 24 hour notice is (or whatever). you put thousands in an account in the form of cash, and asking to take some out takes an act of congress. but yeah, fuck this guy, it’s his fault for not reading up on fractional-reserve banking, the ach, and the fed.
or just issue more debt and print more dollars.
> on a planned month of the year, everyone modifies their w4s to not pay income taxes for 1 month your employer wouldn't let you do this. they have to match the income tax you pay as an employee. no way they are risking their business to support a fool's errand.
100% he was going for a shitcoin. 🤣🤣🤣
come on man don’t ruin the good “shitcoin” name by aligning it with shiba! lol
that is called a savings account. i doubt a 60 year old man who does not know about wire transfers is about to do anything except lose his life savings.
sure, but that’s doesn’t mean they have to do so immediately. there is probably some wording in the tos giving them wiggle room.
lol... you do realize that fdic insurance (at least in the us) covers like at most one bank collapsing and not everyone in general. its a facade they put up to make you feel comfortable putting your money in the bank. i think in the us they can only cover like .01 for every "insured" for up to ,000. at the end of the day, the only way to protect yourself is to never leave more than you need to pay the bills and an emergency fund in the bank and certainly never your full life savings. he might have had a better time if he had just spent it on crypto by wiring it rather than requesting it be withdrawn or requesting a bank check and closing his account out and he wouldnt have been met with such a response.
naturally he doesn’t fucking name the exchange.
if you made a fiat deposit to the exchange, then you’ve already done kyc and they should have no problem with fiat being withdrawn to the same bank account from which it was deposited.
sorry, your evidence for refuting 'banks do not have 100k at once', is telling us that when you wanted to take out 30k *less than that*, that you had to go to two seperate branches... because neither bank had enough money? i just want to make sure i'm reading this correctly.
so it is a bit click baity. the police were probably called on him because the bank saw red flags and did not do the transaction and he lost his shit.
do you really want that man to put his life savings into crypto which he has no idea ,how it works, the volatility and losses would make him regret so hard, he could take rash decisions
tastes like a guy who is not about to lose his retirement fund.
it was a figure of speech
wow, thanks man. i do not understand everybody hate my comment, i just ask some questions about crypto. i think i really want to learn more about crypto, because i am a it-blockchain
since 2019, your usd is protected. i should have been more specific. i never said your crypto was. it isn’t anywhere. stable coins are a great place to earn interest. investing in crypto on any platform is pure speculative and risky. no one will protect you if you lose your shirt.
not to arrest the guy. but probably to have the cops explain how this is a scam. usually just having the police there will sober up someone enough to break through the lies the scammer has spun. it’s very much a last ditch effort to stop someone from scamming themselves. not that crypto is a scam, but i bet this guy was about to hand that ‘investor’ who will just walk away with the money.
the bank called the cops because the guy got aggressive.
if he wants to be scammed its still his choice and money right?
this is why banks are good
i'm not sure how i feel about this. on the one hand they were doing the guy a favor. on the other hand it is none of their business and this is completely unprofessional. there are better ways to handle this. if it is such a common occurrence, have a "do not get scammed" pamphlet to hand out. then you still warn the victim without detaining him or getting police involved.
no. if the dude wants to get scammed that is his prerogative. always dyor.
do you know this for sure? many in crypto have a understanding of the devaluation of the dollar and possible bank runs. i wouldn’t just randomly assume he’s being scammed.
calling the cops is not the way to handle some poor schmo getting scammed. counseling is. making a police report, not summoning the gendarmerie, is a bit more appropriate.
not necessarily. it's a bit concerning that the dude is asking for his money and the bank called the cops. they should not be concerned about what you do with your money.
not fucking good at all. this is his money and if he wants to donate that shit to a charity or just send it to a nigerian prince, that is his fucking business. this is not banks business nor the police should be involved. how about an exchange sends the police to your house every time you move crypto off of your account
you clearly do not believe in freedom banks and cops have no right to stop you from doing a damn thing with any of the funds.
indian male, looking for female. show bob and vageene, please.
presumably his "investment advisor" was nearby to collect the cash.
the bank are not aloud to legally withhold someones cash from someone, calling cops to come out and show them seriousness of situation with scams is like a last ditch effort to be like, we tried all we could before the person calls back a week later and tries blaming bank for them getting scammed and demands a refund. used to work in fraud and dealt with crypto scams a lot.
no they called the cops after he got aggressive and refused to leave.
just buy an etf or mutual fund. that’s literally what you’re looking for.
just wait till one scammer convinces your grandma to give him all her money for something she does not understand. there has to be some protection against known scams. and i'm not defending banks, the bastards did exactly this to [old people in my country]( and they did not pay for it.
yeah that sounds like an easy way to get robbed lol
there's atms which are super easy to use. money goes in, private key for a new wallet comes out. done. 1% fee is what i've seen. my exchange takes 1.5% per trade.
do not use local bitcoins or local crypto as its now called. their mods were doing a scam with people advertising cash for bitcoin. you'd send the money then they would ask for id, then say the source of the coins you sent was illegal, then block you and keep your crypto.
i worked at bank for 4 years and we never had that kind of money on hand for a single withdrawal. some busier branches might have that kind of money for the 1st of the month, but even then if one person wanted that much they would be told no.
no. although that could have been arranged if he had called ahead edit -spelling
you are able to go to different branches to collect. but banks carry cash similarly to inventory. only order based on what is the expected need. having unused cash on hand is considered inefficient and costly.
you are fdic insured up to 250k. they aren’t required to keep any cash on hand now though.
relax. i'm sure they have your .00
you must be young. a bank does not hold billions of dollars in cash for all the millionaires. they probably have at most ,000 at that branch.
the reason is to deter thefts. name one bank branch that is able to pay out 200,000 in cash to a walk-in. just name one.
all you gotta do is call. relax. they will probably try and convince you're not being scammed, however they will acquiesce if you act like a normal human being.
one day you'll get your bank account and figure out how this all works.
dude seriously, how brain washed are you, there is liking crypto and there is believing it like a cult. why does he need to withdraw that much of money to buy crypto, he can do it so easily online, especially if his going to invest that much, he should not be doing it with cash, it’s common sense, if i went to the bank and asked to withdraw 200k to buy a car i would get stopped too. especially at his age, it sounds like someone is trying to scam him.
how many times to people need to be told that sarcasm only works by using the inflection in your voice and text does not have inflection. super simple stuff buddy.
right. my bank hands out half a mil every friday payday and i’m in a small town... how the fuck do these clowns think you can run a banks day to day operations alone on 10 grand???
yea, basically with so much moved to electronic transactions, and concerns over physical security branches don’t bother holding much cash on hand. if the teller smells something fishy they can call it in. in some cases you wouldn’t even know to what extent you are investigated. there are cases of that where suspected money laundering, human trafficking, scamming, and other potential illegal activity. yes, it can backfire on the bank. however, it’s part of due diligence and better safe than sorry.
the banks need better liquidity providers
don’t bother arguing with op, while your right, he’d never admit it.
he wouldn't even be able to withdraw it at most highstreet branches. for that point i'd question the need of 30k in cash.
isn't this the banks problem not the customers? get more cash reserved. have a system in place so if cash reserves are low that can get more quickly. there a bank, it is there literal role in society haha
dudes hardcore promoting digital currency like bitcoin but don’t understand the concept of internet banking and insist withdrawing that much cash is acceptable haha
i mean there are valid reasons; might want to buy something with cash, go to a casino, take your money overseas (i once had to bring about , to bring from my overseas job to my home bank).
not your mattress, not your fiat?
that makes it worse lol
when you have a bank account, unless i'm mistaken, there are plenty of instances where you are not held to withdrawal limits, especially if you've been banking for years, have lots of money, and are a homeowner and have good credit. when you sign up for a bank account, it is possible to have an account that allows withdrawals of very high amounts. because of fractional reserve banking, it makes it impossible for everyone to withdraw high amounts at the same time. it's the stupidest shit imaginable
you mean in exchange for a fee? my bank account costs money each month
yes they called the cops because he was aggressive and screaming
yeah but bitcoin good, banks bad right? how about you support our narrative
>in 2019 the fed reduced the amount of actual dollars to be held by banks to 0%. any other time, i'd say that is ridiculous nonsense, and you've gotta be making it up. but after the last year, i'm just like, well, yeah, of course they did.
when i started making significant income i asked to cash a check for 10 k. they said they did nit have that on hand and that i had to put in an order with the manager to do that. i was shocked sure it’s a fair amount but not like 100’s of ks. i had to fill out an order and then i cane in the next day after the armored truck made the delivery. then they took me into the vault where they counted it out so no one could see. they advised me to tuck it into my shirt so nobody could see it and go directly to my car. the biggest part was finding out they carry very little cash per day now i keep cash in my safe enough for any emergency or other needs. that’s when i started to get into bitcoin, i wish i had bought a shit load back then. oh well to the moon
confirmed (except that it was 2020) - [
why? if the banking system crash won’t you want gold or silver to be more safe? because hyper inflation
that's not what 0% requirement means... it is far worse. it means they do not have the dollars whatsoever -- has nothing to do with it being digital vs physical. don't hold money in fiat cash, banks, market, "crypto", gold, real estate that you are not prepared to lose.
it's good for asset holders, because the more you can borrow the more you can pay. that screws over the lower classes.
these people: i like crypto because it is decentralized. also them: how dare the banks not keep all their money in on place.
>takes an act of congress you have to fill out a form and wait a day. not exactly the most complicated process in the world.
this is the way. - the fed
yeah... the us does not spend tax dollars. tax money just gets deleted, lol
withholding is an employee's prerogative.
do your due diligence before you invest... 95% or more of these coins won’t exist in 5-10 years... look at the dot com bubble
you mean like bank bail ins where they legally steal your money instead of bailing the banks out?
if many banks collapse. money would not matter anyway lol.
> you do realize that fdic insurance (at least in the us) covers like at most one bank collapsing and not everyone in general [citation needed]
the fdic will never fail, because the government can just print more money. sure that money will be less valuable, but the pain is spread to everyone else in the country and future generations.
ahhh that’s a new one for me, never heard it before lol
not my problem and certainly not yours either. no person (specially institutions) should tell you what to do with your money. is not about crypto, damn, he could even have dementia for all i care. the principle remains the same, your money, you do whatever the fuck you want with it.
how many idiots are there that actually believe you can pull 272k out of a small branch. they are not calling bc crypto, they are calling bc he made a scene trying to pull out way more than they had on hand.
it blows my mind how so many people in this thread think that the cops were brought in to explain to this man he was being scammed. the bank doesn’t give a damn, the cops don’t give a damn. the man just needs to understand he can’t pull out such a large amount of money on a moments notice. he made a scene because he didn’t get his way. that’s why the cops are there.
we make decisions as individuals banks now do that for us ? this is wrong on any level
this exactly. there are a lot of people doing this right now. i've even been approached about it. don't let someone talk you into using their investment system. if you want to invest, do your own research and invest by yourself.
i doubt it. there are crypto business that take cash. that’s the only way to leave no trace.
the amount of people believing they called bc crypto reminds me how many idiots are in crypto.
my thoughts exactly, seems like the type of guy who’s raise hell if the wind blows in a different direction compared to to what he was expecting.
uhhm no, because sacammers prey on the vulnerable and elderly. police should not be called to prevebt him from investing, but rather to raise his awareness.
we live in a nanny world,people have lost the ability to think, how anyone can justify a bank holding onto your cash is beyond me ...i'm more shocked at the fools here justifying the bank... its his cash he can buy water he wants with it end of😊
this. i don’t remember them telling people about any risks during 2008. as far as i know they were glad to “help” during those times just as an investor is trying to help this man now. oh i get it. they weren’t going to get a cut that’s why they’re so pissed.
yes he has the right to be scammed if he wants.
for most people: yes. but i like the ability of being my own bank.
presumably or your know? because a lot of people are making a lot of wild assumptions in this thread.
in theus if you want to take out more than 5000, you have to call ahead to give notice a day or two in advance. banks do not keep 250k on hand for withdrawal. they have to be prepared. it is in the agreement you sign for account sign ups. sometimes if it is under 10k they will just let’s you have it but they do not have to
cops are not investment advisors! they simply could have had one of their own go in and advise him... and then and only then if they really found it a scam they should have called. simple as that. but instead 6 officers ? pffffft what a joke
when he was refused his cash you mean ...facts are friendly not assumptions
this. you do not need to give up 20% of your investment just to have someone else put your money in an etf for you.
glad i read your comment first i was literally typing the same thing. etoro offer a copy trading facility as well, where well you can choose to follow popular investors and you can automatically invest in the same stocks that they do if you want.
it is. i work for a bank and i would have 100% called the cops if a 70 year old wanted to do this. just to have someone with him at the very least
probably why they want to stop him
the cost is way higher to buy at any an atm. i’ve seen 20% higher than the actual cost of the bitcoin at the time.
i was in hawaii near the 50k mark and a btc atm there was charging over 70k. ...and you thought it was ridiculous having to pay three whole dollars for that out of network atm.
i used to sell there back in the day, and boy, were some of my customers interesting dudes that wanted to share a bit too much about what they were planning on doing with the coin.
same here. they wouldnt be told no we would just put an order in for them and tell them it would be ready in a week. any sane person should know you cannot just walk into the bank and withdraw 200k in cash.
why did not they just make over some bonds or a money transfer to him? you know, like they do for rich people all the time?
fdic is about 1% funded. if you need it, odds are more than 1% of depositers will need their money too at the same time, and you're out of luck.
never said they held millions. all i was saying is that i'd be upset too if i could not get my money out. fuckin obviously i wouldn't go freak out karen mode on people lmao.
oh you're a fan of bank branches that can thispense one hundred and seventy four thousand dollars? name all the branches.
i know mine cannot, i wanted to pull 's armored car got the with more money.
sounds like fiat is inherently hard to protect.
back in the day… `chase bank` `10 s dearborn` fka bank one
not for safety but because they invest most of the money
i bet there’s a few. loads in switzerland i’m guessing
chase manhattan upper west side branch.
i was just kidding, mocking a common attitude in this sub
just remember, a serious majority of the users on this site are about 14 years old... i've started keeping that in mind when reading some of the absolutely insane batshit stuff i read here.
because it is 100x more than they have
banks only keep on hand what they anticipate needing. a small town that lives entirely off cash is going to have some extra ready for payday, as it is a reoccurring phenomenon. some random customer withdrawing his entire account is out of the ordinary.
yea some of the 15 year olds on reddit are over stepping their bounds right now lmao acting like they know fuck all about banking. might be different in canada but in usa we can get our money when we want it. if they do not have it on hand they will truck it in. calling in advance is a courtesy, not a requirement.
it gives out payday in cash?
people just talk out of their asses. there is way more than that just in an atm.
and this is why we need cryptocurrency. because it is none of the federal government's business when i want to buy ,000 of mini donuts in cash one day. it's not part of due diligence, it is just our government outsourcing the collection of our private data so they do not have to do as much work to actually investigate criminal activity. nobody needs to know how much money i have and what i spend it on unless a judge signs a warrant. blanket anti money laundering laws are an inherent violation of my rights.
i want to build a pillow forte with my money. i want to bath in it. someone can do as he pleases with his money
it’s not your business to question what someone wants to use their own money for.
dude prompting cryptos have only one objective, and that is to use any means necessary to get a bigger idiot to buy them.
everything you listed has a cheaper version online or they all accept card. there really is no valid reason for 200k in cash. especially not when it comes to buying crypto, it’s one of the few things that require cash to buy.
you and your fractional reserve banking system, give it a break. there are so many ways you can waste your money but you want to choose the 1 way where scams are constantly conducted (cash). having a check to make sure the dude is not wasting his life savings is a pretty normal thing. he was not even arrested in the video, the police were all just standing there doing nothing. you give crypto such a bad name, people see your blatant shill of bitcoin and that turns people off way more than getting fuck over by the banking system, also at the end of they day, the banking system has worked out great for everyone.
heres a few pennies a month, dont spend it all in one place - boa
yup, but as dipshits we still do it. by now we never even deposit, we allowed for a system of convenience, run by banks so that even things like payroll rely on them.
sounds like a shit bank? i do not pay any fees for my accounts
you should get a new bank then.
just because something is legal doesn’t mean it’s moral or right
it's not really fraudulent it's how the system keeps everyone borrowing money to buy houses and tvs and whatever else people buy with debt instead of cash. which now is stuck at near 0 percent forever. now before you lose your shit, learn what a carry trade is. i'll wait. now go do a carry trade and get more bitcoin. you can thank the fraction reserve system for funding you.
that’s less due to fractional reserve and more due to branches trying to minimize cash on hand to prevent robberies. depending on the day and time of day they probably just needed to conserve the bills they had to survive until next shipment.
jeez, that is only . that's only 5 bank straps(100) of . envelope money, not suitcase money. it's probably their policy for .
well i once asked to withdraw 4k in 50s in the uk and i had to wait for a week for them to get the 50s note because no one uses it anymore lol
yes, they can lend any amount. good thing banks live by a high moral and ethical code. you just listed everything, so what *do* you hold money in that you are not prepared to lose, hummus?
perception is that ‘there’s money where you deposited it’. any delay would be a surprise for most people
or the 2017 bubble 😐
the whole point is they don’t have to steal it since it’s no longer yours, they default on a loan … which arguably amounts to the same for the person on the receiving end but legally it’s very above ground. there is a reason rich people prefer equity over plain holding money in an account. and even the "money" the hold often technically isn’t money but preferential bonds or stuff. which means they get first dibs and actually their money bank even in a worst case scenario. fdic … is pretty much just a wishful self full filling prophecy, if enough people believe in it it will protect you from this one kind of systemic risk(bank run due to fear) and bankruptcy on smaller banks that don’t spread.
oh hey, someone new to the internet. welcome!
really dude, your concepts are quite flawed then. if you see a person go a wrong or dangerous way , you need to warn him atleast , so that he can reconsider and make an informed choice , if he still wants ,then it is on that person. for ex- a kid does not know how deep a ocean is, you have to inform him ,give him a warning, you just do not say ,just let him do what he wants ,it is his choice ,only an idiot would say that. so informing and warning about certain things are a kind of moral obligation.
my bank has a limit of 5,000 eur. anything bigger needs to be declared a week in advance. i once was lucky when i bought my car and had forgotten about the limit. they made an exception because i had been a lifelong customer.
yeah. i review branch financials. all the time. i’d bet 99% would have enough cash on hand. but they also probably wouldn’t do it. because this scenario has every single red flag for elder abuse. tellers msrs are trained to look out for things like the elderly ordering a bunch of cashiers checks to send to their online “boyfriend”.
they called because he was causing a thisturbance. not because he tried to withdraw money.
i suspect there was a chain of problems; - there will be a limit to what the bank will let go in cash without enhanced due diligence (info on where it is going and why) - there is no reason that the individual needed the money to be in cash rather than transferred electronically to a crypto broker with a legitimate bank account - withdrawing that amount of cash will likely breach all kinds of anti-money laundering laws - the guy was clearly an idiot and went 'full karen', so rather than leave when declined, police needed to be called all of this ignores the potential safeguarding ramifications of whether the bank suspected this was a scam (legitimate customer being tricked into giving the untraceable cash away to a fraudster promising to handle the exchange to crypto, with no safeguards). tbh as the bank manager, i would have declined the transaction and if he persisted, given him an account closure form and a cheque for him to take elsewhere and re-bank. i would go to jail for neglegence if i authorised that amount of cash to be withdrawn, even if the customer was willing to wait for the next week's cash delivery to be ordered in. tldr; having the cash on site is the least of the problems
that right there is part of the problem. and why people do not trust banks. i should be able to withdraw all my money without telling the bank anything. why is my money not available when i want it? it's because they lend it out, they make risky investments, etc...
he’s not an idiot. he’s elderly. i just lost my 86 yo mom. she would have fallen for this. so would my dad. the tellers are trying to help them not get taken advantage of - they call the police so they can help catch the prick who is taking their money - who does that? these laws are in place to protect the elderly, mentally incapable of understanding or protecting themselves - and keep this from happening - once they get the money they almost never get it back. my heart aches for these little old peeps.
they’ll give him the money. but they’re trying to stop him from losing his life savings. if the shoe were on the other foot, people would be asking why the bank didn’t do enough to stop him from being scammed. don’t turn this into a ‘muh freedumbz’ argument.
they have an obligation to their elderly customers to make sure they’re not going to get scammed. it’s a common problem. no one buys crypto with cash, it’s not even really possible. additionally they don’t hold ,000, so he has to order the money, and they have to have extra security on site.
are you retarded or something?
this account is just a troll.
aye. i’m seeing a lot of smug pricks come and reply ‘the police came because he was petulant!’ yes, he was. but the tellers also probably saw that this was a scam from a mile away. there can be multiple reasons haha. but i bet they’re linked. the scammer spun a web of lies and promises. the guy felt pressured to invest now or miss out… so he got angry and petulant thinking he had to wait 5-10 days for his cash. so the police got called. these subs are rife with scammers. but they keep trying so clearly they’re finding victims. it only takes one whale to make it worth it.
you think it is more likely this 60yo man was going to take ? lmao.
> the amount of people believing they called bc crypto reminds me how many idiots are ~~in crypto~~. ftfy
tbf, walking into a bank and demanding a quarter of a million showcases you lack of understanding of the banking system in the first place. if i would want to withdraw this (and would have that much on my account), i'm sure i'll let my accountant call ahead and arrange this for me.
but what if he just wants his money out of the bank and not to give to a scammer? are we suddenly rooting for a banks actions?
umm you do not get to tell him not to invest his money because you think it is a scam. i'ld rather all the old. he should do his own research and dd and it is his responsibility to make sure he is not getting scammed.
so four fully armed cops isn’t a threat?
> we live in a nanny world,people have lost the ability to think um, the elderly often *have* lost the ability to think rationally, it is called dementia. are we to just let these people become victims, or do we make an attempt to protect them from the wolves of this world that have no problem taking advantage of these people?
you know why they called the cops, right? why are you complaining?
thought we were on a bitcoin sub, but ppl here are defending banks. paradox
uk bank i worked for was a 3k limited then had to give 24hrs notice for anything over that. never worked in a branch just had to talk to branch staff all the time.
you meant cash right? i have withdrawal 250k in cashier check for a down payment for a house in one day without advance notification. it did take a while due to all the security verification and the bank also wanted to know to whom the money is going. once they know it is going to a title company with escrow, it went smoothly.
maybe for some banks. mine i do not.
you absolutely do not. my bank just makes me show i.d. i pull out 10-15k multiple times a week for business.
nah. i walked into a wells fargo in nyc last year, 6k cash withdrawal on the spot. no call-ahead needed.
that’s a lie. i do it on a day to basis at chase and wells fargo.
what? no you don’t what so ever, i’ve pulled -, the only thing they are required to do is get a slip where you tell them what the withdraw was for since transactions over … which is still bs and why banks are a scam
he got belligerent and aggressive, it is not surprising
do you think the bank has that kind of cash on hand? because that would be ridiculous
facts are friendly not assumptions? i do not get what you are trying to say.
what about a 69 year old?
tell us about the most interesting one please . you cannot say something like that without giving an example. please please thank you please.
i'd consider myself pretty sane, but i would have thought the bank would be able to cover it. til banks do not carry that much on them. i also am not rich so i would have never needed to know that kind of info.
banks do not carry 172k in cash and its very suspicious that he would want it that way. if he simply came in and said, i'm closing my account with you i would like it wired to this account number and this routing number, they would have tried to keep him but there wouldn't have been any issues there. likely the same if he wanted a cashier's check to take to another bank to deposit.
well depends how much you have. under ,000 is usually ok, above that, and you better call the bank beforehand to check. this guy obviously did not call his bank beforehand and did a karen until they called the cops.
only if you want it in physical currency. he can digitally move his fiat money online.
yes, if there is one thing we know for sure about crypto, it is that nobody ever gets ripped off or gets locked out of their funds.
except for the amounts required to be kept in reserves to meet liquidity requirements as set out by law. but yes, they definitely do lend out your deposits to other customers. that’s how fractional reserve banking works.
contrary to that, there are none in north america. which banks in switzerland allow this? how much does each branch have in their vaults? is this based on actually knowing about the banking system in switzerland? or is this based on your hollywood view of the swiss banking system?
i just went there. they said they fresh out of cash try again tomorrow
former teller here. you’re both sort of right. 90% of all banking money is not actually fiat. one of many problems with fiat in the first place (think in rick and morty when he changes the value of the dollar to 0). banks will carry around 20k in cash, plus have a 10k fill of their atms by secure trucks daily. i’ve never heard of a branch giving out 500k in cash, the x factor there would be if a ton of local businesses were depositing a ton of cash as well. if you want 10k+ in cash, you usually have to call ahead of time (usually a day or two) to have them have it ready for you. otherwise you might get it in 20s and 50s or even tens. that number is getting to be less and less all the time as people carry less and less cash and just rely on their mobile apps telling them how much money they have. the whole answer is that the federal reserve prints unlimited monopoly money and uncle pennybags bank tells his little babies how much they have on their phone. yet we’re all looked at as the crazy ones when we decentralize
must be common in the construction business too. all i know is 10 workers got their checks handed to them on friday afternoon and all 10 guys went to the bank down the street to cash them (check issuers bank). right there is 10 grand just on my job site alone... edit: this also may have to do with the thistrust of the construction industry as in it’s hard to find a company that you can count on to pay you regularly and on time without excuses. of course the companies say they can’t find employees to show up to work regularly.
idk if your joking or what...do you get paid in crayons or cookies? of course the bank pays cash!!!
the bank preventing the elderly and infirm from getting scammed sounds inthisputably good, unless you're a scammer. it's not like you cannot get , as a cashier's check. that would at least provide some auditability if the other party runs off with your money. last time we got one the bank even waived the fee.
then keep your cash at home, do not use a bank. the moment you hand the money to the bank, you are entering a mutual agreement which involves security. and for the majority of people, this is a good thing.
feel free to do that, no one is stopping you. if you said you were doing that then in fact got scammed because you lied to the bank then you would realise why everyone, including you, have to go through security.
it is not their money now, they have an iou from the banks for that money.
it is entirely the business of the bank what you are doing with money you put in your bank account so that you do not come back a week later being scammed. its not about what you want it is about protecting the stupid and vulnerable. for every one of you saying it is not the banks business there is another saying the bank did not give them all their money back when they got defrauded.
if you are a bank, then yes, it quite literally is your business. part of using a bank account means that the bank has an interest in protecting their money, and protecting your from scams etc. if you cannot handle that, nobody is forcing you to use a bank, you can keep the cash at home.
this place is a cult. you cannot thiscuss with them.
not always. if you are buying something from someone, and for whatever reason they want cash only, then you pay with cash (or do not buy it). casinos you may not want it showing up on your bank transactions history. have you ever been abroad? it may surprise you how much of the world is still cash only. where i live right now, all my rent and shoppings is cash only. in the past, i had to carry my , while there exist options like western union where i was, they are expensive and unreliable.
meanwhile you pay a
just because something is legal does not make it not criminal. few.
> now before you lose your shit, learn what a carry trade is. i'll wait. >now go do a carry trade and get more bitcoin. you can thank the fraction reserve system for funding you. capitalizing on a broken system, does not mean it is not broken.
and that is a bunch of bullshit. in practice if i do not own enough to put out for collateral, nobody is going to lend me shit. now shall i remind you again how rigged the system is against the general public? most do not really stand a chance in owning anything substantial besides a house, so they can build on and go forward, let alone put it as collateral to get cash to risk elsewhere. now you give me an example where the little guy became something without cheating, stealing or lying. i'll wait.
exactly that’s what they told me. although it was news to me and i think the general public has no idea but then again just do direct deposit and digital banking. most of us carry little to no cash anymore anyways your exactly right
be careful, remember the chickpea bubble from about 300 years ago
i had another sentence that i deleted telling people to grow up, stop "trading" or "investing" like assholes (exactly what they want from you and have conditioned you to do), and hold the only real money that exist because i saw this was r... not too familiar with the sub, or it is current state, but based on that response, sounds like quite a few of you are gonna be having some fun sp.
2017 bubble was a mere glimpse of what could happen... even the strong projects that have huge market caps, the majority of those coins will die out eventually... crypto projects are still pushing their coins on speculative projects that haven’t even finished building their projects... the dot com bubble had plenty of established well known companies that went under... first the shit coins die off then the solid project will compete for their place in the crypto world...
in the us banks there’s the fdic and member banks are required to have certain amounts of cash on hand.
people love to post propaganda like this here. and then credulous people upvote a ridiculous headline like this. why tf would a bank location actually call the police ‘cause someone wanted to withdraw their own money? what business would it be of the bank what he planned to do with it later? get a little bit more skeptical.
you would not cash him out. gove me a break
im in canada, the rbc would not process a small visa purchase () i called them, she lectured me on the foolishness of my purchase. hey banks, i already have a mother
they're not calling him an idiot for falling for a scam, they are calling him an idiot for trying to take 272k out in cash from a small branch. my bank wouldn't let me take 2k out without an appointment.
i, am not a troll account, and i think the same thing. if the bank had my money, and i wanted to withdraw it for any reason, including being scammed, sending it to a nigerian prince, or whatever the reason, i should be able to withdraw it. if i lose it, its on me, but its not on the bank to block me from taking it out. its either my money or its not my money, there is no middle ground.
it's a crypto loser, even worse
60 is not 80. do you think 60 year olds are not capable of making decisions?
tbf, the bank can take money from me instantly but needs 5 to 7 business days to give it back. they can go fuck themselves. i dont care how much i have in a bank, if i want to withdraw and close the count then they damn well better fucking do it.
it’s understandable this whole situation happened in many ways because of this being an old person. 1. they are the most susceptible to being scammed 2. it involves new technology which is a notorious stigma of most old people who struggle with even getting the hang of emailing and texting over a number of years for whatever reason. imagine them understanding crypto 3. it’s obvious he’s never made a major transfer or withdrawal , and he was most likely instructed to go this route so it was less untraceable. the scammer should’ve known withdrawing that amount is impossible in, i’m sure most scammers are sophisticated and can take wires to a shell company or something. there’s a lot of stories about old people being targeted successfully by scammers who call and con them. for whatever reason old people pickup random numbers and believe everything the conartist is saying. sometimes to be believable they use very personal information to fabricate stories and it tricks the person into transferring money
i did not say they should prevent him from doing so. but it is quite uncommon for older people to suddenly raid their bank account and putting it into crypto. try to think as a banker who does not know anything about crypto. you would probably do the same.
im not an expert on the topic at hand but im pretty damn sure you sound like the "inverstor" in this story!
there are no laws that i know of preventing one from carrying large sums of cash. however, the bank communicates to federal authorities if you withdraw over a certain amount at a time. the rationale is that large sums of cash in or out of a bank are assumed to be associated with criminal activities. with civil asset forfeiture still alive and kicking, it’s never a good idea to walk around like maywether. if the man gets arrested or even pulled over with that large amount of cash, the police could seize it and he may never get it back. this is one of the many reasons crypto is the future.
it's called customer service. the bank did the right thing. why are there so many ancap clowns in the us.
withdrawing a large amount of cash will still raise a red flag. why does someone need ? either you’re one of the paranoid types that think the banks will go bust or you’re withdrawing the cash for an illegal reason
i’m with you. if you’re dumb enough to lose , you don’t deserve that money.
i did not mean it that way. i would let him invest, but the cryptospace has soooo many scams that the bankers action was not unjustifieable
you need to brush up on how scammers use psychological tricks to get people to hand over their money. it’s not just dumb people that get tricked. smart people lose thousands every day too. i don’t think it would happen to me, and it sounds like it probably wouldn’t happen to you either, but older people are extremely vulnerable to this type of thing. they generally aren’t as up to date with technology and don’t understand when someone is asking them to do something that doesn’t make sense. when an old person suddenly wants to withdraw 10’s of thousands from the bank in cash, it’s a very high likelihood that there is a scam involved. think about it, if they were truly trying to invest in crypto through a normal reputable exchange, they would just deposit the money directly through the exchange’s app. why would they be taking a ton of cash out of the bank for that? the bank is literally trying to watch out for the old person to make sure they aren’t about to get scammed out of their life savings. they aren’t trying to prevent him from investing. have some compassion.
honestly, in the video i didn’t hear him say what he was going to do with his money. maybe it’s not even crypto. maybe, if it is crypto, he’s doing a cold paper transaction. regardless, calling the cops was out of line, and 100% i would drag that bank as much as i could for it.
> there’s no cash limit withdrawals via bank teller for most banks 100% not true. do you think they have 250k in cash on hand in most banks? what happens if he did this and the next person wanted 50k in cash?
anyone about to take their life savings to someone in real life so they can buy them bitcoin, i'd be calling the police.
69 dude!! 🤟 anyway, it is bad. there are better ways to make sure he is ok than swatting the poor bastard. he sounded more on the ball than me ffs... they were just pissed about losing somebody else's sweet sweet fiat that they constantly play with and make dough on.
first say, "niiice!" then call the cops.
met a guy in 2012. he showed up looking straight like an undercover cop. crew cut, polo tucked neatly into his khakis, oakley sunglasses he never took off. i explained the how it worked, that he would have to give me the funds upfront and that we would sit together to wait for the transaction to go through after i scanned the qr code. i even let him press the "send" button. he decides at that point to make small talk. "what do you use bitcoin for?" he asked me. "i'm a big fan of decentralization. i do not really buy much with it other than my vpn every month." "a lot of people use it for drugs and child porn, right?" "i guess, but even more people use cash for that kind of stuff." i get pretty uncomfortable when someone brings up kiddie porn in casual conversation, particularly someone i do not know. we sat there in silence for another few minutes until the transaction posted to his wallet and i noped the fuck out of there. i'm not sure what he was expecting me to say, but it felt very sketchy to me. i still feel to this day like he was a cop or some creeper dude hoping i'd be able to help him out in ways i could not. this was back during the silk road days. most everyone else just straight wanted drugs and were super excited to tell you all about what they were going to buy.
they would more than happily give it to you if you call ahead and are able to wait a couple days. banks know how much cash they need to carry with all the data they pull in through transactions. coming in with a large cash withdrawal like that is 9 times out of 10 denied for that day. but they will work with the customer and have their money within a few days.
only a small percentage of the world's money is physical, that is why any bank will have much more money on their accounts than they are able to give out at once.
small branches maybe. but like a wells fargo branch would easily have that. hell if you had a full teller staff then you'd have that on the floor in some locations.
makes sense, thank you!
yes even small banks have 172k, i live in a 11k people city and when we visited the bank as a school trip they had much more than that. they don’t get money delivered every single day, and hundreds of people need cash everyday so they can’t give it to one person.
yeah to my understanding if you want any amount of large bills you basically order it. you gotta call the people with the physical money to get it cause it’s not really at the bank
same kind of girl that goes to sephora because she thinks it will make her look better 😂
lmao crypto is the safest remember mt.gox!!!
i do know that parts, if not all, of switzerland is a tax haven. i know this from hollywood, news, and it generally not being a secret. put two and two together and i bet there’s some banks over there with a helluva lot of money stored
then of course the bank will carry extra lol. they’ll carry as much as they anticipate needing with a little bit of float. banks aren’t dumb.
not joking at all. in this day and age, most people are paid into their checking accounts electronically, not with physical cash on hand.
sure, but that’s not relevant here. seems the man was of relatively sound mind, and 60 isn’t elderly. nothing would make me lose it quicker than someone else questioning what i did with my nest egg when i worked my whole life to build it. i can’t imagine how frustrating that is. he probably should have known there would be more to withdrawing all that money at once, but the bank calling the cops? inexcusable.
it’s none of the banks business wgat anyone wants to do with their money, but you 10000% should have to call ahead for that kind of money because they don’t just have stacks of cash in the back
no, it isn’t the bank’s responsibility to protect people from doing something stupid with their own money.
wrong, not sure where you learned about banking. i use a bank to hold my money and it’s their responsibility to protect it while it’s in their custody. they have no obligation to protect me from any scam that i might sign up for with my money that is not in their custody. i’m a free person, i have the right to make stupid investments, and it’s all none of your business. but yes, the man in the video was unwise to assume they had that much cash on hand.
yeah no reasonable person is going to carry 200k to go buy something in cash, you are asking to get robbed or scammed, also we are talking about him buying crypto. i go to china all the time i know exactly what carrying cash means because china used to love cash but now there are better methods, my bank card allow 0% transaction fee withdraw in all countries. why would i carry cash when i can just withdraw it in the destination country. also if you are going somewhere where you can’t withdraw cash easily then you should not be carrying that much cash anyway. lastly you are going way off topic, the dude want to withdraw 200k to buy bitcoin, this is the most suspicious thing i have ever heard stop trying to justify it.
ah yes, the classic “legal crime.”
it works as intended
dude. there's plenty of people who have the drive to succeed. the fact you cannot be bothered to look suggests you also cannot be bothered to try and learn how to succeed. enjoy being a downer!
definitely unknown to the general public. it’s cool you were understanding though. i used to be in charge of a branch vault for a major american bank and a lot of people just thought i had unlimited money in the back room somewhere
still super confused, you said do not hold money in fiat. now you're saying do hold it in fiat. i put a james veitch reference in there, but my question was legitimate. every market looks inflated right now including stocks, bonds, commodities, metals, real estate, and crypto. even tips funds are up. so either we're ready for a massive loss of paper value soon or the government is going to have to recognize it as huge inflation, which is guaranteed to cause panic and a potential crash.
‘well it’s in the contract they signed!’ is a spectacularly weak argument.
that doesn’t mean they have to give it to you immediately. my bank also told me you need to call at least a day in advance if you want more than ,000 cash.
the banks currently have to hold [0%]( in reserves. fdic still insures the funds up to .
>banks are required to have certain amounts of cash on hand. it am not 272k
this sub tends to be mostly sensible with posts like this. i remember some dude posted on here about not being able to withdraw his cash from the bank after crypto profits. he went in demanding 50k (or something like that) and caused a scene because he thought the vault was just cash floor to ceiling like the movies. all he had to do was call in advance, but instead he took to reddit because he was too angry (and dumb) to understand how things work.
the flair even says misleading
of course i would not cash him out. you can give him money via cheque or transferring away to another bank (hell i would waive the transfer fee if he agreed to close his account at the same time), but as a regulated bank, giving some random customer hundreds of thousands in untraceable cash is a huge anti-money laundering no-no.
my old bank (chase) has an atm inside their local branch that allows cash withdrawal up to 5k. i tested it once by withdrawing just over 3k. no human interaction required. on a side note, i have done security for atm repairs and i can tell you first hand, 2-3 atms would have more than enough money to cover his transaction. it’s not that they don’t have the money. they do. they just don’t want to give it to you because the more money you have in the bank, the more money the bank has to play with. and yes, they have and will employ techniques to prevent. you know who doesn’t do that? a bitcoin wallet address.
do you think 80 year olds are not? that is not even what the other guy asked or said, he asked which do you think is more likely
do you think 60 year olds are incapable of being scammed?
that’s not how it works at all.
you sound like the bagel guy
everybody knows about crypto lol. everybody!! the ban was protecting the old man
it's a crypto sub, you're gonna find a lot of that crowd here
it should not though. it's your money. not theirs. you should be free to do what you want with it. wanting . maybe you do not trust banks. if they refused to give me my money i would not trust them either.
i hear you, but we do not know the full scope and you are assuming it is a scam. maybe it is someone with cold storage selling it. i should not have to explain on r.
noone said 250k or 50k. but i take out 5-10k at a time from my local td bank all the time for business and have never had to call in advance
jokes on you my life savings is the 5 bucks y’all gave me for opening a savings account succcckkkerrrrr
good for you, it is the right thing to do. it's fucked how many crypto scammers are in this thread attacking the bank to keep their own cons alive.
i get that you're trying to look out for someone but im gonna play devils advocate how do you have any right to how i spend my money?
it’s none of your business what other people do with their money
yeah that is 99.9% not the case. more likely is the scammer has convinced him to hand over all his fiat on false promises of ridiculous roi. anyone actually interested in bitcoin would do enough research to do it themselves.
bloody hell, a cop or a peedo by the sound of it - either way he weren't nothin nice. thanks for telling the story 🚀
99% of branches do not have that money on hand. and even if they did or that 1% they are not giving 200k for one customer because then they will have no money until the next drop off. which drop offs are once a week.
most branches are not going to have that cash on hand. you can definitely arrange it within a week though.
yes, they do not keep that much in the vault. why would they? just opens them up to possible theft risks. and yes as i said, if he had called ahead they could have arranged it for him, probably within 1-2 business days, or if it is needed immediately a cashiers check. branches get cashed delivered to them based on their expected transactions, 1-2x per week. they do not want a customer coming in and clearing out their cash reserves until their next delivery. and coming in and demand 172k in cash is a bit different then taking out 10k.
they probably had the money, if it’s not a extremely small branch. but even in a small city there will be hundreds of other people that day all needing a few hundred dollars, so they can’t give half the money they planned until the next delivering to one person.
hello i work at a bank in a small town. our vault typically has around 50,000 in it. we actually get scored on operations and if we consistently have more cash than we're supposed to we lose major points on our annual audit. we can order for large withdrawals though.
and bitfinex... and 6 dozen smaller exchanges
if we’re speaking about reality, it’s more than 0%. it’s an actual law that banks must abide to. you can look it up using google if you really want to know the nitty gritty details. (i don’t actually think you’re interested in learning though)
“tax haven” doesn’t mean one singular branch holds significant amounts of cash that allows someone to walk in and withdraw hundreds of thousands of dollars in cash. how do you make the connection between privacy (for “tax haven”) and holding an irresponsibly large sum of cash in your vault? do you normally assume things like this when you have no clue about what you’re saying? if people bothered to put 10% of the time into doing legitimate research instead of creating their own conspiracies in their head, the world would be so much better off. “parts, if not all, of switzerland is a tax haven”. this statement let me know that you have no fucking idea about how banks operate or how money works in a real world scenario. you have no clue.
cuts down in bank robbery i guess.
i'm assuming there is more to the story than what was relayed in the link. i'm guessing the guy may have done something that triggered the police being called.
"if the elderly and infirm want to lose their money to a scam, that is their right and nobody should interfere".
it definitely is despite what you say. most banks accept liability for refunding fraudulent payments and you cannot opt out of that because many a stupid person would. would they rather upset a few of you big shots threatening to move banks (lol like anyone cares) or have every old, vulnerable, stupid customer lose their money to scammers.
just so you know if someone robbed the bank today and stole every penny from them, the bank has no obligation to pay you back. or if they make a bad business decision, your deposits are at risk. your protection comes from the fdic. the bank is just the middleman who has no obligation to protect your money from anyone or anything.
guarantee you'd be the guy to sue the bank after getting scammed because they did not make it harder for you to withdraw that much money.
> yeah no reasonable person is going to carry 200k to go buy something in cash so it is 200k now? the thiscussion was about 30k. either way this is a thing, for bitcoin. people do exchange coins p2p for high amounts. you may not personally, but they do. it's a decentralised way of trading bitcoin that does not involve going through exchanges. if the person you are exchanging with has a high reputation, or someone you know and have been trading with for years, then the risk is not much higher than the risk of losing all the money when an exchange gets hacked. > i go to china all the time i know exactly what carrying cash means because china used to love cash but now there are better methods, my bank card allow 0% transaction fee withdraw in all countries. you just cherry-picked the most digital payment friendly country in the world. try going to other places and it is not quite so easy. > why would i carry cash when i can just withdraw it in the destination country. you mean by atm? then you lose a lot to withdrawal and exchange rate fees. and often the services go down. i always carry a few thousand dollars at least when i travel, more when i intend to stay longer term. .
well i’ll grant you that.
exactly as intended, money to the top.
, you are correct. i mean it is not like i risk jail time with some of the shit i do for a shot at a decent, debt free life. not even riches. just to live stress free. i will delete this comment once you see it, i should not be saying this shit online but i have a point to make. now let me explain some stuff to you son, cause you must be livin' up in some higher social class cloud in florida or some shit. in the real world, the majority of the planet bust their ass off all day for basic wages that only take us deeper into debt. in my own country, a european one nonetheless, if you do not actually own the house you live, half of your paycheck is going to go for housing so good luck saving anything. if you have kids *and* pay for rent and work for basic wages, you're fucked. and that is supposed to be a modern nation part of a larger coalition. let me remind you that **most** nations of the world do not even have decent health care, let alone the rest of the infrastructure of a modern nation like germany, belgium, france or whatever. so to sum it up, get your privileged ass outta here cause most of the world is struggling to get by. i'm only 30 years old and have two herniated thiscs for fucks sake! edit: and to answer to your point: we're 8 billion motherfuckers walking on this earth. don't point me to elon, bezos or whoever the fuck else made it out of the billions. they're a handful against **billions**.
idiot. that's not what i said. i said real money. if you think that means fiat you must be pretty new here (earth).
what do you want them to do? make a crayon drawing for the moron?
that ruling was undone about a month ago.
why can’t someone have their money in cash? just because there is potential, doesn’t mean there’s intent
the thing is, if my money is truly my money, you as the banker should have no say weather i take it out or not. even if you’re intentions are good, and even if you are right, it is still my money, and i should have if i please, even if i’m being a dummy with it. in this particular case, perhaps the system knew what was best for the guy, but that certainly does not ring true for everything, or most things. half the reason people are stupid is that we’ve built a system that prevents people from hurting themselves so much, which then ensure that they never really learn how to look out for themselves, and it becomes a never ending cycle until we find ourselves under complete control by someone we’ve never met, all in the name of our ‘own well being’. the banking system should not have the right to decide what’s best for me, unless i give them that right explicitly, at which point i could revoke it at any time. this particular event is a tree, not the forest.
cash him out as in tell him to leave. not actual cash lmao
i think it’s likely he was going to pay cash for bitcoin. there is a place in my neighbourhood that does it. it’s not some guy in an alley.
no they are but so are you. this guy is probably way more equipped than you are. do you have 247k?
right, i know its not how it works and thats the problem.
right but that’s also precisely why thisasters have happened... the way ‘it works’ is dictated by the bank structure for its profitable benefit. why are you saying this like it’s a different kind of absolute, like one out of necessity etc.
my grandma wanted to withdraw most of her savings, the bank stopped her. and i am very happy they did, because the "friend of my cousin" was - surprise - not a friend of my cousin, my cousin was never in thistress, and she would have lost her savings. scammers can be brutal, and they can get in the heads of vulnerable people. in my grandma's case they made sure she did not talk to the rest of the family about it. they put her under pressure, such that she could not think with a clear mind.
> noone said 250k except for the person you replied to and the main video and op and everyone else in this thread. try taking even 25k out of the bank and let me know how it goes
they make it our business when they inevitably get scammed and call the bank asking for it back. if they do not use a bank then its none of our business, but banks have a duty of care.
to think of it 🤔 who said it was a scam?
that's not true. i worked at a medium size branch and it was twice a week.
right so even if i called a local bank even they could order it and i can pick it up there? to my understanding it was a third party company that brought you your money in a brinks truck but i can totally see just a little bit of a fee for y’all to order it and hold it in your vault or something
you do not even know yourself, i already know it is 0%, maybe google it yourself if you do not know. here: "as announced on march 15, 2020, the board reduced reserve requirement ratios to zero percent effective march 26, 2020. this action eliminated reserve requirements for all depository institutions."
and do you think he would win? suing doesn’t make it true.
elon was also the son from a family who got rich from owning mines in africa. and bezos grandfather was like the head of the department of energy or something. not saying that they didn’t succeed on their own merit but these things sometimes have interesting coincidences lol.
if you're idea of making is being in the top 10 richest people on earth, you're bar is too high. if you cannot make it. fine. don't try. be a slouch. i have been constantly thrown and kicked down. i do not give a shit, i'm a stranger on reddit. my point is, anyone can infact make it if they want. you are not trapped or stuck by anything or anyone but you. go be a train conductor, or a welder, or professional trader, or an artist. just do not suck at life so hard.
i'm not a zorping alien, and actually i'm calling this world's planetary defense agency on you for being an alien! you're a real mess, buddy. that's exactly what you wrote. well, the english is all fucked up and you said do not hold your money in "market," which did not mesh with the rest of your list. you seem pretty tinfoil. also, fiat *is* the real money. you're delusional if you think that has changed.
you have to give the bank notice
when it comes to financial regulations, potential is enough. i have nothing against the desire of individuals thisliking the system, but that system prevents terrorist financing and money laundering of criminal proceeds (sex trafficking, modern slavery, exploitation). banks already have enough difficulty with money mules (normal citizens who are paid to transfer or deposit , thereby hiding the true origin of the cash), there is no simple way to thistinguish criminals from joe bloggs these days. in short, once your money is in "the system", banks must take steps to ensure it stays traceable within reason, because *traditionally* the only people who benefit from it leaving that system are criminals. unfortunately for bitcoin and other crypto currencies, they are a modern phenomenon "the system", but as yet there is no way that regulators or banks can simply thistinguish those cases from the criminal ones. please do not get me wrong, i sincerely believe block chain technology has a future in banking and making payments easier for the general public, but governments and banks have zero appetite to waive or relax money laundering rules*. i'm sure many people are working on a way to make those two worlds co-exist. *google the examples of fines that banks get for failing money laundering checks, then you will see the sums of money driving that stance
and therein lies the problem with how you are perceiving this. the bank is holding your *money*, but does not have an obligation to give you it as *cash*. you can complain about regulations if you want, but those same regulations are why now (in the uk) banks cannot invest the money of its day to day customers in the risky lending that caused the 2008 crash. i remember reading somewhere that some of the terror attacks conducted in the last 10 years have been done with alarmingly small amounts of untraceable cash. banks have a legal duty to keep money as traceable as possible, within reason. i'm well aware this man is not funding anything illegal, but i'm afraid these rules will always balance inconveniencing a number of customers vs risking sums of money getting into the wrong hands. this guy can have his money (via cheque or transfer or another traceable means), but there is no plausible reason why that needs to be as untraceable cash.
haha well poor turn of phrase when this story is literally about him wanting cash =d but yes i think we agree then!
yes, and i would no longer do business with a bank that just let me take out .
agreed. i almost left my bank of over a decade cause it took 2 rounds of 20 questions to make a withdrawal of a few thousand bucks of my money. first round with teller then second with manager. so yeah, while i appreciate the safeguards to an extent, especially for at risk individuals, there has to be a limit. i had my license, my bank card, and the money was listed as available in my account. it's none of their fucking business what i'm doing with my money.
vulnerable people need friends and family to step in. not their bank.
well calling the police goes a bit beyond saying "are you sure".
scammer do not usually announce their scams are scams. why the hell would you need to withdraw cash to buy btc
well considering i worked at a pretty busy bank and we had drop offs once a week it is true. i’m sure some places have more than one drop off per week but the whole region of banks that i worked for were once a week.
more likely - guy wanted to take out his money, was told he could not. they probably told him what the policy was for getting that sum of cash and what they could do instead. guy continued to freak out so they asked him to leave and they called the police. it sounds like you've never worked with the public before. this scenario has happened to me countless times over amounts less than .
yes any bank can order extra cash from brinks, but most of us only get our delivery once a week. we can schedule an emergency delivery, but there is a charge for that.
i’m canadian, but do you realize the federal reserve is not a “bank”? it’s the *central bank*. do you do your day-to-day personal banking with the central bank? 🤣🤣🤣 i shouldn’t have to be the one to explain this to you... but here we are! “usa banking liquidity requirements” is what you’ll want to educate yourself on. or basel 3 requirements.
i think you misunderstood the intent of my comment. of course he wouldn't win. but just like he is complaining on someone's behalf for doing something stupid he would complain about someone else not preventing him from doing something stupid.
elon was a blind shot but i was under the impression that bezos was not a rich guy before he became one. riches am not even the point though. **education** is the point, which can be bought with money but when you spend all your time trying to get money to cover your basic needs then there is no time nor money left to invest in education or anything else.
you are so up in a cloud mate, you do not know the fuck is going on. re-read what i said. the bar was set at "debt and stress free", quite a long shot from "richest" and is basically what everyone busts their ass for: get by. also, fun fact: i *am* a welder. do you know the average rate per month a welder makes in greece? about 1k monthly. what's there to save from that?
have fun playing citizen with your play money, and do not worry, plenty of upside when you buy at -2m. this is actually kind of hilarious since your responses would seem completely reasonable if this were literally anything else other than r either way, enjoy the sightseeing while you're visiting. you're welcome to join whenever you'd like :)
this is so spot on, it hurts.
nobody knows shit about fuck
it doesn’t always work but when it does… it’s exactly as i predicted.
technical analysis is the horoscopes of investing
ta do not predict shit. they make up stuff afterwards, like "it did not manage to break the resistance barrier" or whatever bullshit. it's like saying "oh, it stopped going up". yeah we can see that.
i feel attacked. in the green i sit back and think about how glad i am for listening to myself, in the red i study the history and future of the company and read research reports and study charts and look for patterns and search for any confirmation bias to support it going back up. patience is key tho, the wise old saying is true, *”bitcoin to the moon”*
it's information. it's difficult to predict most future events with much certainty but that does not mean we should thisregard any information that we have. if you're not interested in trading then its not important to you, but if you are, its possible that some clues of future price movements can be gained from recent patterns together with a rational judgement of current and future market sentiment. it's not simple but if the likelihood of an event is increased by only a few percent can be valuable to a trader.
man i feel the urge to stack more sats when looking at this. 😅
technical analysis: we have triangles, if you do not like them we have others.
i feel offended bullish
i decide my investment strategy by reading tea leafs.
gotcha. now i'm ready to use leverage.
technical analysis is just for fun, it does not have the ability to predict the future.
ta is about looking for confirmations or invalidation of a trend that almost every other trader is looking at so you can get in the trade first. it's a self fulfilling prophecy because the majority of traders will see and do the same thing, which includes the endless amount of bots.
must be genius. 🤣
i would have just turned the last chart.
ta is nothing more than commentary
yesterday: "it could go to the moon, it could go really bad, or it could keep hanging around this range" today: "went down exactly as i say it would"
if "techical analysis" actually worked, nobody would be doing it because goldman sachs.
this hits closer to home than i’d like to admit
technical analysis is here to make astrology look reputable (borrowed quote)
there are probabilities. if a graph behaves in a way which is already unlikely, odds can be extrapolated; continuation versus not. you can not predict the next card in poker, but based on odds you can win often enough over enough hands to come out on top.
every youtuber out there. even the so called goats.
this needs to be an nft
a bit like the plumbing analogy...when your plumbing is good then its all great! but when your plumbing dont work then you look for the problems
can confirm, accurate depiction of ta
i really do be like that.
ah yes. astrology for nerds
i have an octopus at home that tells me when to buy and sell and which cryptos to buy
ta is always good ta until its not
it really is that bad.
43,000.00 psychological level 😋
brownian motion with trends.
ha, ha, ha, ha, ha, ha, ha, ha, ha
oh well... it has to go somewhere... :)
ta, it is complicated...
every time i hear "a dubya forming" or "cup and handle", i think "fuck you guys need to learn more than two shapes."
markets show you when they run out of momentum. it looks exactly like a horse that is tired af and you're trying to drag it longer. that's how the big boys do it.
this is a graph of my heart rate right now
nailed it, no hammer needed! 👽💨💨
ta is like those people who predict doomsday scenarios from the bible by taking numbers and creating relations between things that have no correlation.
if you know you know .
can someone explain this
the irony the meme actually accurate. up. only. fucking.
good ta is part art and part math. it requires time and practice to master like a art but underneath its just math. trend lines represent rate of change in a price. that’s it. things happen once long term trend lines break and knowing this can be very profitable. it’s all about building structure in markets to guide your trading.
today's low, is last years high.
he’s clearly a mathematical genius
that works for me🍻
this is freekin genius!
it looks like he copied my analysis.
crypto technical analysis is astrology ...
ta: buy this asset and hold for 10 years.
ta is not as easy as they think
any event -> "this is good for bitcoin!"
but my bart simpson 😫
every youtuber and crypto influencer in one picture. and the same approach applies to every coin. at least we know that hodling btc is always pays off :)
lmao totally agree. imo ta at best should serve as a head-check when entering a position (entering for fundamental reasons to be more precise). after loads of research on a stock or crypto i decide if i think it’s a good investment for my time horizon then i always check the chart to see if it’s clearly a bad time to buy (i.e., massively overbought and sitting at all time highs with any bearish divergence building up) then i will delay my entry until it appears less risky from a technical perspective. but even still when investing long term technicals mean doo doo really
they're not wrong though.
100 percent spot on. so tired of people saying ta means anything or has anything scientific behind it. it's speculation on speculation.
looks like a todler was left unsupervised with markers and white walls
anyone that doesnt know how ta works always says it doesnt work because they dont understand it.
that way, you can always win. and when it does go up you can tell everybody: told ya! it's my personal strategy. very effective.
y’all ready for the capitulation?
uptrend - 1btc going to 1mil downtrend- f whale & fud
"ta is a lie" call that fib level
technical analysis is sure sign of a low-iq high time preference mind
yep ...shit fuvks shiv...haha
shows the state of the financial markets when people post bullshit like this and all the comments are ‘this is the way’. where did we go wrong?
then they give you all that bs about "this works because everyone studied the same ta books so it becomes a self fulfilling prophecy". yeah, sure, i'll believe them when i see any sort of good results.
it’s easy when you lose your house and have nothing but google to help you get it back.
do you know de way 📈
this checks out. solid ta
this about sums up my life lol
you are just observing past events,we cannot predict the future.
im in this picture and i dont like it
is the this way.
my graphs only go up
this is too accurate.
i mean i guess that’s prob how random patients look at their medical charts i guess, the pros (docs) would know what they are looking at.
it doo be like dat doe…💎🤲🏽🚀❤️
technical analysis is an art.
this dip is actually bullish af
like every bitcoin youtube channel out there.
exactly, all you have to do is hodl
amen. edit: spent my last coins to award. will never regret.
exactly. i know too many people acting like they know it all and want people to listen to them en trust them. talking about complex graphs and stuff... trying amaze others. fuck em.
shit knows nobody but fuck knows shit ' edit: not trying to prove you are wrong or anything, more like i concur.
i don’t know shit about fuck, marty.
but we all know fuck about shit
reggie does. it's a fuck shit stack.
that also works for me🍻
well this is as good a place as any. i am shit fucked about the phrase "post-truth" i think we've been and continue to be in a "pre-truth" era. and simply because while, yes, we can accurately describe things using physics and even quantum physics we still cannot thiscern that reality of reality. that's it, that is the post. and hodl.
except those who enjoy anal sex…... like myself, i like to think i’m a professional at fucking shit up.
except holeyprofit in his subreddit beatthebear who called the drop 6 days in advance with the rise to 52 before dropping.
i have fucked alot of shit
people been hyping algo the past 6 months seemed to know
tbh honest this dip was not natural it was an attack by us bank and whales because al slavdor trying make bitcoin legal and benefits from it , and ofc us do not want u to benefit
i call it "trader astrology"
it only works because it is a self fulfilling prophecy as everyone follows the same patterns.
truth hurts. stop hurting us.
except that you can actually make profits with it if executed well. source: myself and friends who mostly trade of ta.
if you listen carefully, every "good" ta person will basically say some fancified version of "if it goes up - well it might keep going up! but if it goes down... then watch out cause it could keep going down" well no shit sherlock! bonus points if they mention fibonacci levels to make themselves sound smarter
exactly. ta lags price. price has to move before you can do any technical analysis on it, that is why most people fail at trading (including me sadly) i guess there are traders out there that understand the concept of ta properly and know how to implement it along with fundamentals to confirm their bias, but not me tho, i've failed many times and i'm currently not interested in any kind of ta based trading strategies. i'mma just hodl
star signs for adult nerds
i’m tired of seeing ridiculous thumbnails on youtube bitcoin bears will shit their pants, bears dont want you to know (((this))) technical analysis
well clearly you are butthurt and suck at ta. there is much to learn for you young padawan. the ta hole is deep but i recently found great succes with fibonacci-indicators in addition to other ta.
glad someone said this. just because you've never successfully used ta to your advantage, does not mean it is bullshit. even the best traders will fail to predict the market from time to time, but their ta is spot on, allowing for more than enough good trades to bear a loss here and there. it's a bit like anti vaxer arguments: do not know how vaccines work, must be bullshit lol. still, the amount of dumbass "traders" giving bullshit analyses is ridiculous. in the end, does not matter, in 10 years we're all in the green
^ this. people fail to understand the importance of utilizing as much tools and data as possible to make the best entry and exit points when trading which is why they fail. ta is just one tool in a toolbox to help make the right decisions. the people saying it’s horseshit are the people who didn’t truly dedicate time and energy into it. with that being said some ta can be ridiculous but it’s all about sifting through and using logic to make the best decision possible. finally, ta doesn’t really apply to crypto as much.
technical analysis is not about predicting the future. it's about evaluating probabilities and proper money management.
ta is like poker, it takes some skill to be decent, but it is mostly luck.
let’s face it, it’ll either go up or down. it’s not that hard to cover both positions if you’re eventually long.
bots win over the long run. they can do it quicker, more volume, better pattern recognition, trying to compete with that is dumb.
it's easy to say this when the global economy is (hyper) inflating and the value of nearly every asset is increasing at record pace. wait for economy to actually finally implode and see what happens to crypto. if it moons, you know it took over. if it crashes, you'll know it was never independent to begin with.
i concur. it seems popular.
[it's well known that actively managed funds cannot beat the index over the long term]( > as a whole, 78-97% of actively managed stock funds failed to beat the indexes they were benchmarked against over ten years. > > the longer the funds are measured for, the greater the likelihood of them underperforming their benchmark indices. > > it is relatively common to beat the market for 1-3 years at a time. that can largely be explained by luck. > > but the data clearly shows that even professional fund managers are unable to beat the market consistently over a longer period of time, like 10-15 years. they do make tons of money though, through fees. those are the key to their success as they are paid independently of the performance.
that's kinda what the ta guy in the comic is saying.
good ta is not about predicting the future correct all the time. it is more about lowering the risk and protecting yourself against losses and finding good entry and exit points for your trades and or investments. just knowing where support and resistance is can save you a ton of money. even just using something as simple as the stochastic rsi to buy the dip would give you better returns than dca without looking at the charts. everytime the stoch rsi falls below 20 on the 12 hour chart would be a good opportunity to buy the dip. see the gaps in volume? price does not like to be there for long.
it's advanced guessing. you wouldn't get it.
*takes a deep breath* *cracks knuckles* nobody shits fuck and shit fucks nobody when fuck knows shit and fuck fucks and shit shits
does nobody know fuck? i need to complete the "who knows who" cycle here...
i am stoned and i completely agree with you
it's definitely natural. btc does not run independently from the stock market anymore and there is tons of fud atm over delta and jobs market. plus expecting a dip in september which is usually a slow month. after a huge spike from 30k-52k people are going to sell off. that whole thing just took over a month.
pretty sure this is satire at this point 😂
i love it when al slavdor buys my bitcons
if the us wanted to manipulate the dip would be bigger haha
it was us banks pulling their positions for liquidity due to the stock market slowly setting itself on fire again.
i've already seen analysis based on moon phasis.
yep, you can see that at round numbers. humans are apes :p
they do not. everyone makes up their own tunnels and graphs and monkey faces and what not. also it does not work when elon musk twitters.
sure, until a critical mass of people realize this and bet on the opposite move to liquidate the ta kids who overleveraged themselves.
this is rubbish. never heard about the 'efficient market' and how in this view all available information concerning a specific stock? it's a nice theory and it is applicaple in the real world.
well, for starters, i do not follow the same pattern. so, your whole theory is worth fuck shit all.
you _can_ find someone who keeps winning at roulette.
no, you guess the trading patterns of the bots that generate all of the fake traffic in crypto and get lucky, sometimes. the market has been going up so you get lucky more often. when the market falls you will lose more often
i love that whole, when it reaches the next fibonacci level you better watch, it will either continue up or start to go down.
just do the opposite of "your ta".
the traders that "understand" it just had luck (when they are not actually lying). price fluctuation is influenced by so many factors that it is impossible to predict. anyone that pretends to be able to predict randomness is just full of shit.
you know when i look at a chart? to see if the price just pumped the fuck up 10x higher than average, because then i do not buy it. never buy hype. a chart can confirm hype. if there is a huge candle and volume, it is probably hyped and best to wait so you're not buying at a premium. boom. no fib level ema support ichimoku crap. took 2 seconds and no drawing tools to see that.
i'll set limit buys at lower levels and sell orders at higher ones sometimes. i used to be into ta and then realized it is not worth the stress. just set buy. i like to keep my hair.
i think it is a chicken and egg thing... people who have spent time learning to do ta also learn good risk management and positioning and patience while they are at it then think the charts are what make them good traders when it is really all the other things that made them a good trader.
so yoloing is not technical analysis?
you've just described picture 3, spot on, thanks!
sure but all the technical analysts 'experts' on youtube think they can predict the future 🤔
i'd appreciate if we stopped equating ta to astrology. big bodies of mass in space can absolutely affect us, and their movements are mapped and cyclical. unlike ta that is just bullshit.
exactly, sometimes you get pocket aces, so you know you will more times then not have a good time, or you get a 3, 6 and you could fluke a straight, but in reality you will probably get wrecked.
you have to be good at palm reading too. it takes skill, not just anyone can do it. but whether your predictions are correct are entirely dependent on luck. same with ta.
ta is for trader. macro is for holder. different time spectrum. find the way to fit you the most.
using that exact example half of the points it dips below 20 price goes down, and they include *the worst* times to buy; mid and end of april. you certainly proved something.
this is the way? i think i’m lost
how much shit coulda nobody fuck if a nobody could fuck shit? what?
takes a deep shit
how many fucks would a shit fuck shit if a shit fuck could shit fucks?
that is mighty impressive for a horse. i get ya.
yeah keep justifying for your evil government
i can call you betty.
i thought bear and bull are zodiacs.
there’s a guy incorporating sacred geometry into his ta as well.
the weird thing is that its accurate...
if you're going to trade, it is better than blindly trying random stuff. but that is why i do not trade.
look up wyckoff accumulation charts
ok so this is why all crypto move together then?
tell that to the medallion fund.
that's the only real investment strategy
people who think ta works are too stupid to realize it doesn’t work.
at this point, anyone on yt i take with a grain of salt because they are just trying to monetize. coin bureau is good. but if someone busts out a chart i'm done lol
it's a great analogy! astrology claims that you can predict peoples behavior by studying something entirely irrelevant. just like technical analysis!
astronomy is the science of celestial objects and phenomena. it describes real things and movement in space. astrology is not nearly as meaningful or useful
the way is this
you literally do not understand what buying the dip or dca means do you?
your so delusional. btc has sell offs after big runs up. that trigger leveraged longs which sell causing bigger dip. it's nothing abnormal and very standard. thinking it is big government doing this is conspiratorial and delusional.
50k stop loss was triggered causing a cascading effect. blame the leverage traders ... literally
crypto moves together because a lot of them are trading pairs with btc and it causes a cascading effect.
bitcoin learner... lightning network!
well, we can predict when a celestial body will block the sun momentarily, and we can be sure that people are going to look to the sky when it happens, and we can be sure as hell that a good bunch will do it without eye protection. :d
astrology assumes those objects have an effect on human behavior. their claims aside, it is a definitive maybe, perhaps - a little, sometimes. which cannot be said about ta.
the this way is
you literally don’t understand that i do. but look at the chart. >everytime [sic] the stoch rsi falls below 20 on the 12 hour chart would be a good opportunity to buy the dip. the chart shows that is not the case half of the time the rsi falls below 20. the very worst time to buy in that chart is also when it is below 20; mid and end of april. it’s very clear.
exactly... so the market is pricing them the same relative to btc when a move comes
it uses artificial intelligence which learns from past price data. how is that not ta. the difference is that it is automated.
> definitive maybe [citation needed] astrology does not have credible, peer-reviewed, scientific evidence. astronomy is legit
if there was any truth to astrology, it would make more sense to base your astrological sign on your (usually approximate) date of conception, not date of birth.
is this the way
is this the way?
dca means you buy at a fixed time regardless of the price! now explain to me how that is supposed to be better than buying the dip with the help of the stoch rsi? read what i wrote again! explain to me how mid and end of april is the worst time to buy if your goal is literally just buying the dip? you actually do not understand what that means.
he is saying that because you can’t predict bitcoin prices, you can’t predict other coins. (because they are correlated)
> in finance, technical analysis is an analysis methodology for forecasting the direction of prices through the study of past market data, primarily price and volume.
the gravity of the moon can move oceans, and humans are 90%+ water. provided how we do not really know shit about fuck, i am keeping an open mind about the possibility that on some level it can affect us too. the astronomy studies cites how sun eruptions can cause headaches, mood swings and erratic behaviour. what the fuck is erratic behaviour? we do not even know tf is consciousness or if the concept is real or useful. most of today's cutting edge psychology is just lexicology running around in circles. neuroscientists are now thiscovering that duh, emotions and thoughts are the same things we just named it differently. that is after they stopped looking for 'centers' of everything in the brain for decades. do you have any idea how little we know? at least we can be sure that ta is bullshit. also you are ruining my joke.
im in the way
this is indeed the way.
way is the this.
oh thank you for explaining that self-descriptive tla to me. up above you claimed out that *timing* entry points could be bettered by observing the rsi. the very example you have shows that is not he case. this too of course would have nothing to do with dca, unless you were attempting to fine tune an entry point over a day or something. i perfectly understand you it is just that the example of using rsi is probably false, by the very example you have, which is what (thankfully) most in this thread were saying;ta is bullshit. buying the dip means to buy *after* it has dipped, so it is cheaper. what the actual fuck are you on about? mid to end of april is *before* the dip, meaning you paid more for it. i.e. the price *has* dropped; it *is* on sale; it *is*undervalued. if i understand what you are saying correctly you are advising to buy *before* the dip; e.g. mid to end of april.
edit: just so i’m clear here. **what information are you gleaning from the rsi, to indicate what strategy?**. one more time to be clear. because i’m reading it like you are buying the dip, *before* it dips. using the rsi as an indicator to buy before a dip. mid to late april as an example. which is comedy gold. no matter your strategy the rsi falling below 20 indicates an increase half the time and a decrease half the time; nothing.
yes, so where does the "effective" market come in there since it then apparently cant price anything?
what they do (at least according to their press) is use scientific tools to find predictive correlations between seemingly unrelated assets that can be used to generate returns. for a hypothetical example, maybe a decrease in the price of grain leads to an increase in truck sales.
it is this way or the huawei.
dafuq you are talking about? it is just an indicator, a lagging indicator in fact, you clearly also have to look at price action to determine if it is a good signal to buy the dip but everyone with the brain of a 5 year old can figure that out... sorry but if you do not get it, that is on you and not my problem anymore...
one could say that the market is effective because it is priced in instantaneously. there is no money to be made from looking at bitcoin and trading altcoins because you’d have to predict the price movement before it even happened, which is impossible, because each piece of new information is priced in instantaneously.
not sure about you, but my tarrot cards says op is gonna meet the love of their life soon, but my crystal ball suggests to be less grumpy when it happens.
wei she goes, bubs. wei she goes.
but it is not instant, that is why btc pairs move or not move. sometimes they lag behind the usd pair, sometimes not. there is your chance yet several people and funds to and make money, just check the leaderboards. or you follow some news and see that say aave did not move on kraken yet but on binance. or that aave on polygon will implement something, and you are the one with capital there but not the other guy. and so on
yes. just saying that this is what proponents would say.
crypto is the scapegoat when it is convenient
us taxpayers dutifully sent $+ years. the trillions spent on this nightmare could’ve been used for healthcare & education. everyone needs to call out the politicians & executives that thrived under this deal. we’ve been bamboozled. enough is enough. besides the obvious software- who individually benefited as an elected official & exec??
just because something is false, dies not mean the opposite is true.
not like they need any more dollars. between the trillions we already payed them over the last two decades and the billions they make every year from the opium trade they have more cash then they could ever spend…... plus not like they need to buy weapons we left all those for them too.
alternative take: it’s possible for a country to make this kind of call to keep dollars out of hands of terrorists. it’s not possible with bitcoin.
to be fair, the same people who want to restrict or ban crypto would also like to restrict or ban physical cash.
the cia has been going to afghanistan with giant trunks of cash, daily, buying off one side to fight the other, for the last 60 years.
actually, terrorists use illicit drugs like heroin to fund their crimes. same as the cia.
if you want to be completely anonymous you operate in cash and funnel thru cash operated legitmate businesses. crypto is not anonymous its a fucking ledger that keeps track of who has what k!
man stop using this terrible situation to pitch crypto. damn, like vultures waiting for validation. money is the least of that country's problem, especially crypto. edit: downvote away to confirm your bubble of privilege. people are dying, women are getting abused, but the money is what matters.
really sad for the americans but the truth is: u.s. government sucks
you know it can be both right?… the taliban may use cryto instead of cash because that’s what they have access to. and the gov can try to keep cash out of their hands too so they can’t use that. no one said they used cryto because they wouldn’t use another currency. this isn’t difficult to understand...
the afghanistan government was legit a week ago. you cannot build oilfields with crypto. i do not get it.
if they halted dollar shipments, it means that there was literally shipments of dollars to afghanistan instead of sending them electronically to banks, which also means two things: they did not want people to know how much dollars they were sending and they shipped them because it was a lot of cash
before crypto there was no drug dealers
can we please leave crypto and afghanistan out.
the us is the real terrorist.
whole new meaning to the term, dirty money.
you know how it works, they report what ever fits the narrative. truth has no place in the news these days only pushing the agenda matters.
err, cash can buy many bitcoins
what a shit show. bozo biden is revealed.
bitcoins is complicated for a bunch of idiots
how does the us justify sanctioning the taliban when they are not listed as a terrorist organization?
if the us gives me 0.1 % of all the money they just shit away without even thinking about it, i promise i donate half of that money to some good cause and only keep half of it. i win, the taxpayer wins, and romanian brown bears win!
you are correct, btc was actually created in the 70s to fund rebel groups to oppose communism.
but we gave them a billion worth of weapons and vehicles … it’s fiiiiiiineeeeee
crypto cannot be taken down, is trackable, and transactions will remain public indefinitely for people to analyze.
for the lol, i actually twitted to the new taliban leader to start using bitcoin for his country. i love that trump cannot have a twitter account, but a full on terrorist with several war crimes can! so funny !
they are worried about some random sending . gd i hate this country more and more every day.
someone please post this over in r, it’s their favorite use case they like to bring up.
was that cash we sent a loan? what was the interest rate and term length? does the taliban know they took over real estate with a lien on it?
lol! no it is just media scape goat. btc that is.
it has always been dollars at least for the past 100 years
hey alex, i’ll take politicians lying for 200
bitcoin promotes freedom, not slavery.
simple, use bitcoin, bitcoin can’t be stolen as long as the code is known.
or maybe it could be both? but noooo only binary thinking allowed in the bitscoin community
you are confused, go back to sleep please...sincerely, the us treasury dept.
if only they were able to bring back most the gear they left over there as well.
when people use dollars to commit crimes, nobody ever questions if the dollar itself was responsible for the crime.
why are we shipping dollars there in the first place?
right, because everything is all or nothing, black and white. there is no such thing as nuance and complexity. we are comparing apples to apples here and the brilliant point has been made. move along.
pretty sure they prefer pallets of cold hard american dollars, friend.
your title i really the dumbest statement ever... do not you think they would use those dollars to buy bitcoin? or gain access to legitimate markets that trade with dollars?
stop using your facts and logic to thispute their dogma !
more news that comes out of this, the more mind blown i get.
they have what, a billion dollars of us military hardware? i do not think cutting them off from trading us dollars at their banks is going to make a meaningful difference. but good job guys, way to stay on top of terrorists.
i know i'm not allowed to pay in dollars now, but can i get one of those shiny new mraps in exchange for bitcoin if i provide the shipping crate?
don't worry they can just sell all the weapons and armored vehicles we left to fund whatever they do next !
cash is still accepted by cartels and terrorists contrary to fake news reports.
bitcoin is just the whipping boy when it’s convenient.
the cia cannot buy afghani opium with btc (yet).
i don’t follow your logic here.
terrorism starts at home!!!!!!!
so you agree? that the us not sending dollars to the taliban means they are not using it?
don't worry incompetent joey biden left the taliban billions in apache helicopters, drones, missle launchers ,automatic weapons, jeep humers etc. if our enemies need any money they can just sell some of the military equipment dementia joey left behind, unreal
crazy idea, they use both? is anyone in this sub going to argue that cash is meaningless?
usd is the king of illicit activities.
crypto too volatile for terrorists lmao
and a certain 3 letter agency also has been removing narcotics, to keep them out of taliban's hands, and selling them at a good price in the us- as a public service.
what? the goverment lied?? no way
no more snorting heroin with 1 dollar bills suckas thatll show em
did senator warren get this memo? or did it go downstairs with the stapler?
are the taliban the only force of crime and terrorism in the world? just wondering
hilarious right? thing is, most people just suck up whatever they are told and never even realize that at the start of the newscast they were told one thing and by the end fed the complete opposite.
lmao cash is for terrorists. crypto is for normies
the cia and the fba want to know your location
yeah, and drug cartels just weigh the bitcoin, they don’t even count it.
unlike bitcoin, cash is actually anonymous
bitcoin can be traced
maybe it is whatever they can get their hands on?
i have used bitcoin 100% for illicit activities
this thread was mentioned in an article on bitcoin.com news: > [**financial warfare: afghan central bank’s , biden halts usd shipments to afghanistan – economics bitcoin news**]( > >reports show that the new york branch of the federal reserve has confiscated ’s assets. ^(i am a bot, bleep bloop. more info )^[here](
"vee make talicoin, vee show bankerr."
must be a typo
we dont have the power to stop bitcoins in afghanistan, but we have the power to stop dollars in afghanistan. so bitcoins getting in the hands of the taliban is quite bearish. let them buy a bunch and then we crash the price and the party is over gg.
yah. because they cannot get dollars because we stopped shipments. what part of this is confusing?
it is that is why the u.s has a lot of it.
same sh** repeat over and over. the one thing i'm surprised is they took over so quickly
what would a taliban seed phrase look like?
how is it that the us was in control of afghanistan for twenty years but just last year it was responsible for 84% of global opium production?
btc is bad, but once they can tax it , is ok. prostitute is only bad is because they cannot tax it.
i'm pretty sure they would not be sending bitcoin either...🤦🏾‍♂️
op your conformation bias is showing
nice op, arguing that we leave financial assets in the hands of terrorists because you've got a bone to pick over crypto.
i don’t understand why we would be shipping cash to afghanistan anyway . are they exchanging with us ? because i don’t think i’ve ever seen anyone using afghan dollars here
don't be. world is more complicated than that and one does not exclude the other.
wow this is amazing you just made my day thank you op
wifi do not work in caves
they are worried they will use the cash to buy bitcoin and drive the price of dollars down.
the president of afganistan filled his helicopter with cash someone should have told him how much easier bitcoin was to move
fucking sensational title. take a bow for this one kidda
well do talibaan know much about the crypto
> da (mo’fuckn) afghanistan bank (yo) is it just me or is the name of their cb not the best though?
ahahahha they something to blame
what is the coolest crypto ecosystem today? i've just came across that nucleus vision, among all its advantages, is gonna create the “airbnb of microspaces”! this creativity and approach to clients actually win our hearts!
they’ll be getting fresh renminbis soon enough
redditor posts article about limiting one aspect of cash flow from 1 of many terrorist groups and individuals involved in illicit activities then draws the conclusion that btc is not used by terrorist groups and individuals involved in illicit activities...i must be confused, i thought redditors were smarter than this.
you’re partially correct. terrorists use both bitcoin and physical us dollars.
what a fucking dumb take.
to buy btc, you still need cash?
only when the big boys need the price to go down will they repeat that nonsense.
what is oil traded in?
they ship dollars to the taliban who then exchange the dollars for bitcoin. duh
the point of any currency is to be used for all activities. the free market decides for itself.
obviously they use multiple currencies. when they take over places containing valuables like gold, oil, or dollars, they use that as well.
cash is the mean for terrorism and illicit business. terrorism is saying btc is the mean
ironically btc isn’t usd is the currency used by terrorist and drug kingpins. now how are they gonna pay off these people
what if giving the country up to terry taliban is actually the plan for a reinvasion?
but with cash, you can stack it and use it to answer calls like a cash telephone
us currency was halted by the us... what this title implies is that bitcoin is the us's cryptocurrency (which it is not). can't control the thistribution of a currency that is not yours.
they left all the guns, supplies, ammo etc. there when they pulled out, maybe assumed they had enough.
it means they stopped printing for a few days.
maybe they are trying to demoralize the taliban by cutting off their tp supply?
now, apparently, cryptocurrencies will not appear in afghanistan soon.
probably they have backup plan if this thing happens.
wont matter since they allowed millions in us equipment and arms to ”fall” into their hands. john kerry brokered then entire thing via his meetings with the iranians.
go camp and try to use crypto.
this administration has everything and everyone confused.
dis iz da whey
usd: biggest shit coin on the planet since 1971.
you right fam, just the white collat kind of terrorism
oh please, everyone knows that bitcoin was the go-to currency when buying cocaine during the 1980's and it definitely was not the us dollar.
exactly. it’s always been and always will be the petro-dollar aka 💰us dollar
funny how the us government literally armed the taliban with billions in 🤣🤣 but bitcoin big bad 🙄🙄
ohhhh damn 🔥 🔥
paging neal kashkari... paging neal kashkari.
it's pretty damn hard to use crypto when you barely have electricity.
same playbook, different day. much like how immigrants and poor people are somehow responsible for 99% of the issues we face.
it will be if dollars are withheld. dollars are still king. but you knew that. this is stupid.
they do not want to make it any easier for the taliban so they would not send additional cash. if they had scheduled a bitcoin transfer, or shipments of bullets and even more equipment than what the taliban already stole, they would have canceled those shipments as well. your bitcoin comparison makes no fucking sense at all.
who cares, it does not make a difference when we've left behind 20 years of us tax dollars behind.
btc needs ubiquitous tech
say what you want, but there is no way to use usd for illegal activities, that would be illegal!
exactly. unfortunately the idiots will still believe the propaganda. imagine what will happen when the dollar completely collapses.
funny how we are worried about usd finding it is way into the wrong hands in afghanistan now... the us is a bunch of crooks.
it better know the secrete ways to head out of danger
plus the united states terrorists are all in their 80’s trying to run the country. they’re actually too old to understand the technology.
goats are quite popular in afghanistan if you ask me…
it's bad for the environment.
exactly, ‘when it suits’
everything is the scapegoat when it is convenient.
it's also literally impossible to scapegoat crypto for this one. the average person who does not know anything about bitcoin and crypto just knows that you need computers and the internet and electricity. afghanistan and by extension the taliban do not exactly have tons of working knowledge or consistent access to these things. the taliban also really has no way to convert bitcoin back into the physical currency they need to buy things or bribe people. i'm sure people would love to blame crypto but there is quite literally no possible way to do it
it happens often... and from now on, that is gonna change.
2000: taliban armed with swords raping women and chopping heads 2001: murica invades to kill the bad guys and "invest" in afghanistan 2001-2021: record profits for us arms manufacturers 2021: taliban armed with m4s, airplanes and tanks raping women and chopping heads
damn, we could have already had a moon base.
i found some of it!
u think they will ask a committee to investigate their own peers? i think they spent alot on bullets!!!. thats why we have a shortage.
the money was spent on building infrastructure.
we need bernie to explain this
example: if i have btc, then i am a terrierist. based on this, we do not know for certain the opposite is true. if i do not have btc, then i am not a terrierist. maybe they are, maybe they are not.
i'm seeing this exact bait and switch every single day on reddit. between that abject failure of critical thinking and people abandoning the social contract for toxic individualism i have growing concerns for western society.
it's not like those trillions are sitting in cash. most was paid to contractors. a lot went into buildings. and a good amount exploded. it's not sitting in a vault in afghanistan.
you cannot be serious pretending they have no use for cash. you think it is cheap to hold territory? to build out their form of government? smh
i wonder if those trillions are getting to somebody's hands out of afghan.
still need buy bullets!!!... no bullets, those weapons are useless.
they are broke. there is nothing more expensive than war.
couldn't they just as easily not send btc as they did not send usd?
obviously if they used bitcoin they would just throw out all that stupid usd. that stuff is worthless...
true, but on the other hand, it is also possible for a country to make this kind of call for any reason whatsoever, i do not think they would unless they were desperate, but they could edit: spelling
why is it not possible with bitcoin? would it not require the taliban to find out the wallet passphrase? there’s no passphrase for pallets of cash
it is possible to do that with fiat because governments have control over fiat, which is also why fiat currencies are shit. nobody can do that with btc because nobody controls it. in other words, feature, not a bug
it's just as possible for them to keep dollars out of the hands of "terrorists".
lol... irs? only care if you pay your taxes. u think it will stop terrorists from sending it?
lol, this. they can thisable swift usd transfers, they cannot do that with btc. the op does not get it.
it would be possible with bitcoin as well, just use a multi-sig wallet that both the afghan government and us government need to sign when moving funds.
they are not keeping money out of the hands of terrorists. they're just using this as an excuse to not give any further cash to afghanistan. they still have cash and an economy based on the dollar and the value of dollar is not based on the injection of more dollars into the economy... do you even bitcoin?
so it’s only okay when government does it? there’s nothing wrong calling out hypocrites
by that logic, there are plenty of other threads on reddit you should be posting on right now. good luck.
no joke. i'm wondering the feasibility of going over there and recovering military surplus. i thought we just left behind vehicles but with articles this morning, it is sounding like we've left all sorts of shit.
us money is indeed dirty money. cheap pores paper that inhales dirt and bacteria. checkout australian money if you want to see the best physical currency in the world.
i always love it when people who have no idea how crypto works come out and broadly declare it as "trackable". there are multiple incredibly simple ways to break traceability of crypto transactions.
trump has done far more to hurt the us than any terrorist has.
can i earn buttcoin in pornhub?
afghanistan never wanted us... they only wanted us to print money so they can feed their families. why you think they not bother fighting. they knew the game was over and our printers ran out of ink cause we needed to print to feed our own unemployed . face it. they never loved us. only pretended to.
we did not need dollars until the pandemic hit. so now our printers need to print for airdrop dollars. then we realized there is not enough for them and said sayonara. dam how you think we have been funding our military for last 30 years.
check ebay in a few months.
the govt needs all the cash now to buy btc before it goes to 100k . why fund afghan when you can print and print and buy more btc?
cash is only good to use when you do not need document what you buy and sell and report profits. next time you buy a tv or phone or gold watch... when you sell, you just say you bought it with cash.
lol it is not, try sending it to mexico , buy drugs or spend it and not report as tax gain or loss. and then use the left over to cash out.
dis iz da ve to da betrmnt, is not like this now, lol
maybe they should try put up " no guns allowed " signs at schools
wait, so when using bitcoin for illegal activities it is legal? so basically there is no problem. great work everyone!
it has never been used for illegal activities only that dirty internet money has even pre internet
they have the best aml and kyc in the world...so pure 🙈
i know right... i tried using usd to buy cocaine once but they said they wouldn't accept it because it was illegal.
honestly i do not think it will collapse anytime soon. this gov't is prepared to keep printing and raising the debt limits. i do not see an end to this anytime soon. the thought process is that deflation is far worse than inflation. and they will use every sleight to make people believe that. don't forget we got the neverending loop of wars to continue this charade. i can almost predict what's going to happen in the next year or two as far as another war to keep this monopoly money going.
i try not to think about it. if the dollar fails everything fails.
here's what that looks like. oh, the dollar is going to collapse. oh noooo! welp i guess we need to go back to the gold standard then. wait, the us has the most gold so they are the standard again?, no no... we do not want the gold standard, we do not believe us has the gold they say and we want an audit. (bunch of red laser dots appear out of no where and fighter jets fly overhead) ' yeah gold standard sounds ok with me. nevermind.
crypto falls right with it. sorry
it's backed up by oil, it is not collapsing...
weird how a bunch of capitalists looking to get rich off magical internet money is pointing fingers at other capitalists trying to keep their magical monopoly money on top.
i tried explaining crypto to a 70 year old accountant. after 1 hr . he told me he has no clue what i am talking about .
yeah i know paper money sucks bro
agreed…and many more beneficiaries sans the average taxpayer. this issue needs to be front & center. everyone has been bamboozled. the finger pointing is a red herring.
2021 ... record profits for arms manufacturers!!
indeed. record profits for software & arms suppliers& the douche bags that are involved. a trillion dollar subsidy. we need to publicly shame & call out the politicians & executives.
lol, good idea! i’d rather subsidize healthcare & education than give trillions to the massive defense. this is on top of the .7 billion spent annually on the defense budget.
but. the former is also untrue... you know that right?
if you have btc, then you are anti dollar, hacker or money launderer. after you sell it to the institutions , you are just a dumb investor.
if usd was a high explosive if you add a detonator, it would be a hell of a lot more useful!
bothering with what? these fucks never left. it’s not like the local taliban has been hiding in caves for the last 20 years or that they are invading the country from outside its borders. they are the same warlords and “tribal leaders” we have been paying (bribing) arming and training the whole time. the reason the country fell so quickly was because they just came out pulled down the aphgan flag and put up the taliban one. all the same guys are in power. the last twenty years have been a massive shell game of corruption, bribery and obfuscation by the military industrial and intelligence complex. the taliban today are richer, more powerful, better armed and have greater international reach than they ever did before, and they have the americans to thank for it. our best case scenario for this shit show is that they probably like being drug dealers and traffickers more than fundamentalist terrorists.
where every space is free space...
our contractors got rich!!!. now they are out of job and working at home and refused to go back afghan.
i would wager there is already enough bullets in country they can probably hold out for a while.
they run the international opium trade now and have for well over a decade. they got money. they also have the bribes we have been paying them. you think it’s by the kindness of their heart no americans have died lately? go read craig whitlock’s pentagon papers or his washington post articles on them before you try claiming the taliban is worse off now than they were twenty years ago.
with its own money sure, but more significantly the us can cut other countries off from its banking system (as we do with iran and north korea), making it "impossible" to transfer usd in or out of that country, and in theory making those dirty dollars "worthless". i put those words in quotes because nothing is impossible, but it can be made very difficult and require a certain amount of smuggling or laundering. bitcoin does not really allow that. you can know that the coins come from a prohibited source, but your only option would be to fork the entire ledger which is rather drastic and might be impossible. ---- now one can debate what is desirable in a currency, but from the perspective of the government it is pretty clear what they want.
lol exactly. why are we sending them anything anyway...
i think the point made above has some validity to it, but i think this is the bigger point. just as they have the ability to take it away from terrorists, they have the ability to print trillions of dollars for “stimulus.” it’s the control that is the scary part, not what each specific case is used for. just because it is scary doesn’t inherently make it bad, but it does mean that it could be influenced with malicious intent for us citizens.
this is epic lulz if it’s sarcasm.
not okay at all. but it is a flood of posts about this tragedy to use it for pitching crypto. it's sick
who said it was ok?
agreed. hegelian dialectic. (hɪˈɡeɪlɪan, heɪˈɡiː-) . philosophy an interpretive method in which the contradiction between a proposition (thesis) and its antithesis is resolved at a higher level of truth we need more of this.
who said i am not?
guy i sit next to at work is a vet, says it’s cheaper to leave a lot of the stuff over there than to ship it back, they leave it with allied afghan troops but frequently gets taken by the taliban. once a vehicle breaks down and needs major repair they have a difficult time getting replacement parts and making repairs so after a few years or so those vehicles will be in thisrepair and abandoned.
track us citizens. ask everyone report cost and sell. addresseses. expose how much we have and how much asset . then one day hacker steals it all.
that's some mass media copy paste. are you a bot?
you will need pornhubcoin, go to uniswap and get buttcoin for providing liquidity. if you watch pornhub, you can get some free coins, report it as income and let everyone know you spent 10 hrs a day on the site.
the us funded taliban when it met their interest. now that there is no soviet union, they became terrorists.nothing new here, just uncle same doing his thing.
they could have just put those signs up and averted the war entirely
you know politicians are hypocrites when "no gun zones" are good enough for our kids, but not good enough for the politicians. if it worked, they would just make a new law that all politicians have a 20 foot no gun zone around their person.
the "drug-free zone" signs work so well, it is amazing they do not also have "bullying-free zone" signs and "gun-free zone" signs.
they already do in la
maybe we should have “no guns allowed” signs at our american public schools 🤔
good thing all guns are banned in afghanistan
of course btc is legal... you just need to report it on your taxes after you use it!!
means that it’s untraceable if they do it correctly with proxies and small amounts on different accounts made in different parts of the world then send the hood to taliban
yup. nothing too powerful, like china or potentially painful, russia. maybe a nice iranian war for no fucking reason, or a ukrainian proxy war. an african war is no good this time of year.
biden literally named the locations the us will start their next war in the speech this week. i was like “oh god daaaamnit”
hyperinflation cannot be stopped, it is inevitable. hyperinflation is collapse.
literally everything. nobody will give 2 shits about your digital currency. this is where crypto bros are ignorant
it will not fail but cryptos will gain steam. the problem is tax dept need change. capital gains on crypto is not feasible. imagine calculating all your gains for everything you buy from tv, to mobile phones. wtf does govt suddenly tax us on everything we buy. they tax us on income, then on sales tax . now buy and sell assets . that is 3 times. there should just be a flat tax on cryptos. or at least a simple tax. wtf have time to calculate capital gains on digital goods?
don't think. if dollar fails ...there will be alot of toilet paper using dollars.
tell me where i can buy some gold? this generation do not even know what is gold besides jewelry.
it's cotton, requires lots of water for its production.
exactly. i'm trying to tie it back to ops title. a lot of people think if you have btc, you only use it for bad things. but usd had been used for bad things on a much grander scale as we see here.
i do not say they are worse off. of course their not, they won the war. however, they are still out of money. you can not finance an entire country with opium. they definitely need a credit because there is nothing to tax either. edit: to finance a single police officer or solider you need at least 5 (most likely 10 or more) productive people paying taxes and not relying on any gov. support. edit2: i just looked at up for my place. my local gov. pays around 2 billion euros for the entire local police which consists of 33.000 police officers. so 60k per person. i live in one of the lowest crime regions on the planet because we have almost 0% unemployment.
actually marked satoshis can be detected and exchanges can ban your account if they detect one of these being deposited on your account.
we're talking about cash. literal pieces of cloth. the government cannot cancel the dollar bills in my pocket.
i mean, bitcoin is already pretty easy to control in this way. the traceability of btc makes it so that govs can control the export of btc to a great extent. sure the gov can’t technically stop the transfer of btc, but they can knock on your door the next morning and kindly ask you where it went.
have you checked if you btc is tainted? wait 5 years until coinbase refused it.
so they do what we say... democracy in action wink wink
you invaded the country and removed their government in 2001. you are also holding their reserves, around , at the fed.
just curious, since your quote marks imply you are dubious the added trillions in government securities are truly for stimulus, do you have evidence this added liquidity to the banks hasn’t stimulated lending (and the broader economy)?
while technically true, most money transmitters will do background checks on wallets to prevent wallets associated with terrorist organizations (or other groups linked to illicit activity) from receiving funds. of course it’s not perfect, but they do take measures to prevent it.
just an honest question, unless i am misunderstanding the method at with bitcoin would be transferred to the afghani government
idk if many folks are purposely trying to exploit this particular tragedy to pitch crypto. i think they simply want to see crypto as part of the solution to nearly every problem, are always on the look out for ways crypto can help in anything (even if some of them are morons at times), and will point out where they think they see it helping no matter what the circumstances. for example, i don’t think evil villains are consciously saying “now let me exploit this tragedy to pitch bitcoin!” even if it’s a bit tasteless at the moment.
seems more like whataboutism. most people advocating for crypto do it exclusively through comparison.
why not just destroy the stuff?
i'm a third-party independent who likes neither democrats nor republicans. i used to believe both parties were equally bad, until trump proved me wrong. i've been paying attention to what has been going on over the last 4 or 5 years. any time i saw contradictory claims from democrats and republicans, i would fact-check the claims and uncover who was lying and who was telling the truth. invariably, what i found was that democrats were most often telling some **version** of the truth, albeit with a fair bit of bias. but, under trump, republicans were way off in la-la land, spewing blatant lies with zero connection to reality. and trump was the ringleader of these attacks on truth. he would regularly call real news "fake news" and fake news "real news." he would make up whatever he wanted and retaliate against anyone who said otherwise, and reward those who catered to his version of the truth. and the whole time, he was funneling government money into his own pockets and those of his cronies. he engaged in blatant bribery, extortion, and blackmail. he even scammed his own followers to line his pockets. it was a new scandal every day. i could not even hope to list all his crimes here. trump dragged this country to depths i never thought possible. i was never proud of my country, but i was never ashamed of it, either. until trump.
some works are hard, and some gets you hard.
the us dollar is being used to fund these wars too
just like the pope. "everything is in god's hands" *only drives in bulletproof vehicles*
no one does that lmao
early 2019 the new south african president was talking about gold backed currency and the us quietly started to stock up on military equipment in neighbouring country botswana. the us economy is on the edge of collapsing, theyre frantically clinging to the world superpower label and would start a war anywhere they have to, and drag every commonwealth country they can down with them to keep it. but i think with the way things are going economy wise and having a geriatric president with no balls who gets his diapers changed every 4 hours, it really wouldnt take much right now to tip the scales. they couldnt win a war in afghanistan so starting one in africa would bring them a big wake up call. i think right now china is just waiting for their time to strike, we dont stand a chance if they make a move and they have got strong allies including african countries who are drowning in debt to them. yes trump was retarded and made many mistakes with the pandemic but he had balls, i cannot believe america chose biden over him. im really worried the next war could be a big one and the us will not come out on top. edit: sorry this is a bitcoin sub... conclusion, china is mining bitcoin so that means you should too
what are you talking about? eurasia has *always* been at war with east asia.
yup. like it or not usd is the currency of the world. guns and ammo would be the new currency.
i think the mistake people make is that it will fail suddenly. even hyperinflation takes years, especially with something huge like the usd. people will have time to migrate to harder money. luckily, one is readily available and available to all. yes, if the failure happens suddenly (how in the hell would this happen without a catastrophic thisrupting event?) then barter will be the norm.
i get what you're trying to communicate, but you have to use the dollar currency if you want to purchase oil out of opec.
lol after they decide to ban all the bad coins... there will be only 10 m left
taliban would not use a coinbase account.
stuff like that really screws the entire bitcoin system. a recipient of btc now has to check another set of ledgers (various national naughty lists) before accepting payment. and what do you do if the us says a coin is dirty, but china says it is not, and you need to process a transaction between a chinese and us citizen? furthermore to do it correctly and account for fungibility you would really need to treat the "dirty money" as infectious, tainting every coin it comes in contact with until there are no clean coins remaining. it just is not as practical as a national government trying to regulate its own currency.
it's both. the afghan government had accounts at the us federal reserve which the taliban and other afghan authorities are being denied access to. in addition the cash flights (where we flew cash to afghanistan to bribe officials and village elders) are stopping. there remains lots of cash in afghanistan, but to make full year of it you would have to physically get it out of country and then deposit it at a legitimate financial, and that will be costly and very hard to do. you cannot just show up at a chase bank in midtown manhattan with a million in cash and say "i would like to make a deposit." there is certainly plenty of money for individuals to use and spend in small amounts over time, but that is not something that really concerns the government.
it's going to start working any day now right? ... right?
yes. do a quick google search on lost ppp loan stimulus or what companies the stimulus actually went to.
we do background checks on our own citizens. limit their ability. ask anyone who worked overseas and most banks dont' even want deal with us citizens.
i would agree if it were a small fad, but people keep using this, not only to pitch but to farm karma. the sub moderation is just letting it slide and the fact that even post pointing this are popping up, it is bad, imo. people need to understand that crypto is already part of the future, we are here to stay. but we are a financial and tech niche, not human rights and political weapons. trying to mix everything will just lead to mainstream keep hammering us down using negative facets and make us the bad guys. we need empathy and respect now, not financial middleman tactics.
except most of these posts, including this one, deliberately twist information to support their narrative.
the intrinsic value of crypto has always been self evident, though. the burden of proof was never on crypto advocates to solve financial crime, but on the detractors who make the fallacious argument that crypto is inherently criminal. so of course it is a comparison. if someone is missing the point, you make a comparison to illustrate their contradictory logic. in other words, *they started it.*
they do destroy really important stuff. the reality is very little if it will be functioning in a year. small arms will generally be fine, but keeping an mrap running is remarkably expensive (as the police departments that took "free" mraps have found out the hard way). things like belt fed machine guns wear fast too, especially if there is not a squad leader slapping sayed over the head every time he overheats the barrel. night vision tubes deteriorate over a few years as seals get micro fractures and let in oxygen. american helicopters will have fun dodging some advanced missiles for a while though.
idk seems dumb to leave it if it has a decent chance of falling into the wrong hands.
found this from an article son the subject. “most of this equipment is not defensive articles or considered to be major equipment," it said. us officials have been secretive about exactly what stays and what goes. some equipment, including helicopters, military vehicles, weapons and ammunition, is to be handed over to the afghan military. equipment and vehicles that can neither be repaired nor transferred to afghanistan's security forces because of poor condition will be destroyed.”
great post, the guy you responded too will probably slink off and not post again like a coward, but you make a good point
they funded the talibans now new multi billion dollar military equipment that was left for them when their opponents left it all for them without a fight. what if this was their plan all a long? guess dubya bush can get fooled twice.
that’s pretty much all they use
it only means usa stopped print to afghan. but still printing going on to other countries.
if god did not want the pope to drive in bulletproof vehicles he wouldn't have inspired the invention of the popemobile^(tm) it would be blasphemous to not accept the divine protection offered. *disclaimer: popemobile**^(tm)* *design engineer. may have substantial financial interest in product. this does not constitute investment advice*
nah because see america could just buy out that debt
it all depends on who can print more money just to buy btc in the end.
2 incontinent incompetents in a row. why do voting choices suck?
um. i'm not sure your read on the geopolitical situation is entirely accurate. china would be absolutely yeeted by the american military, it is allies not withstanding. and in no way shape or form could i see china's manipulated african nations taking part in helping china. like, do not you think they would rather china get wrecked and their debts forgiven than keep the status quo? and china is banning bitcoin mining. trump was a fucking idiot. full stop. tldr; amazing. everything you just said was wrong.
yeah china is not to be trifled with, but when the rubber meets the road, i'm fairly confident the us military would mop the floor with china. we can bring a war right to their front doorstep. that's something they are largely unable to do. 10 years from now could be a different story but as it stands today i do not think we have much to worry about.
that is an interesting lens to view the world through
this is such a cringe comment
go watch the clip. that’s your source. guy started blabbing about horn of africa and south east asia.
i’ve been saying this. if the dollar fails, only physical goods will have any value, and ammo
i feel like a big part of what trump was doing in afghanistan was helping russia and china secure energy pipeline dominance in that area because ultimately, china and russia want opec off the dollar and trump is a tried and true capitalist with no loyalty to anyone but himself.
knowing the chase bank, if you had a million to deposit they would come to you with their mobile bank and they would make sure that .
we tried to burn it but our own ppl say no... take it back to their families!!
didn't see the username at first. almost got me
don't worry. they did not leave any btc around for sure.
fake news. a fool me cannot get fooled gain.
we could not have known that the afghan army was going to care more for their lives than their country. you cannot help someone that does not want to help themselves. no one not even the pentagon could have predicted that something like this would happen. the pentagon thought that the afghan army would at least put up a fight and that would leave enough time to evacuate everyone.
we printed money to buy petrol for last 30 years. then we printed money for china to ship us cheap goods. both got usd and spent it buying our debt... lol i do not think you need worry... we go down, they go down.
i read his post and immediately felt dumber for it.
i have lived in africa and currently living in australia, close to china. i think people underestimate china's power because they try to keep under the radar and are sneaky and manipulative, they own a lot of australia including ports and could shit on our economy over night if they wanted. they own so much the world over and have huge economic power. china's population is about 1.4b and have way more men than woman. i think in an all out war russia would be on china's side and so would india and north korea. they would not get "yeeted", that is just typical american overconfidence especially with how many fronts a big war could lead to. and a war of that scale could possibly resort to nuclear weapons, thats why im saying im worried about the next big power play and if you think america will easily continue to be the world superpower without massive resistance in the next few decades then that is just ignorant. this is obviously just my opinion of course some will thisagree. and china is always banning everything, and when a comunist country tries to ban something you should double down because obviously theyre scared of its potential. and for how long has china lead the charge on bitcoin mining, they could have a decent stockpile that could lead to a good economic boost down the line. again no expert on anything
that is if they have improved their war tactics. us recently failed miserably in war games. our usual tactics were guessed easily by competitors
the american military has not "yeeted" anyone in almost 100 years, thinking china is a pushover is the reason they wouldn't be able to defeat them. people thinking china and russia are subpar to the us military have never stepped out of their home town, none the less traveled abroad. having more ships and tanks does not mean you are superior.
if they cut us off from rare earth metals and stop manufacturing our electronics, we'd be pretty screwed. they also have a deep knowledge of our technology. they made some of the complex electronics in the f-22 and f-35. it's reasonable to think that since we screwed up and gave them the blueprints, that they have been finding out ways to knock it out of the sky. a war in china would be miserable. they have a billion man army on demand. our best bet is to reverse all this outsourcing garbage, bring manufacturing back to the us...start mining and refining rare earths...and work on electronics mfg. thankfully neither of us want war. us does not want war because we are not self sufficient. china does not want war because our insatiable demand for goods is boosting their economy to .
what's your opinion on counter-terrorism?
bro, i also have a license to drive, but that does not mean i'm driving right now! i'm serious. crypto has always been unfairly criticized. bringing up the "flaws" of fiat is legitimate defense against the undue criticism bitcoin has received. the pot calling the kettle black is hypocrisy, plain and simple. so this post is a reminder that the constant denigration of crypto as criminal is hypocrisy. anyway, please have a wonderful day.
the pentagon did not know? how bad is the multi-billion-dollar american intelligence apparatus? they are following the taliban 24, buddy. don't be so naive.
of course we knew… go watch “this is what winning looks like” on youtube made by vice. don’t play that shit that they didn’t know
you can’t be serious. they knew. and if they didn’t know, then how incompetent is our intelligence?
i'm sorry man but they had the intelligence they knew it was going to happen.
they were milking us for usd . they never did accepted democracy or our system. we were also printing money so we did not care too.
i’m curious for more information on this. i was under the impression that the “belts and roads” infrastructure projects by the chinese came with the caveat that they would control those other countries or corporate interests. i thought it was how some early naval forces controlled the seas, therefore trade. the fight is for natural resources afaik. if those countries refuse to comply, china will biden-tf out and leave them to be crushed (the reason they agreed to begin with). i could really be off but i’m willing to learn or adjust my concept if you can help me understand.
china was stupid to kick out the miners. they could have controlled btc. then again china is china. it was a mistake.
whatchu talking about, willis?
eh, air superiority, tech superiority, and economic superiority means, for now, america wins every war it truly wants to fight against another nation state. you're delusional if you think russia, with the gdp of italy, can compete on the world stage with the usa. i'm no fan of the states, but i do believe pax americana is better than a dictatorship or "communist" run planet would be.
i've no doubt it would be a pain in the ass, i'm just saying i do not think by any stretch of the imagination are we outmatched by them. we have the nuclear triad, multiple carrier groups, several bases nearby. by no means would any of it be pretty though and i hope it never happens because it would be ugly l.
lol, our intelligence is under lockdown!!! past 1 year. they refuse to go back to work!
yeah, air and tech superiority really worked out for them in the last 5 or however many wars.also, i wouldn't trust any type of media to tell you that china and russia "only" have so many advanced fighters.
so basically fomo at country level.
tl;dr - “it might make sense just to get some in case it catches on. if enough people think the same way, that becomes a self fulfilling prophecy.”
very exciting. hope everybody has their keys so when countries are "forced to acquire some" they cannot change regulations to acquire yours.
saifedean ammous sums this up nicely in the bitcoin standard: "history shows it is not possible to insulate yourself from the consequeces of others holding money that is harder than yours." there's a nice explanatory video here: [till musshoff: imagining a hyperbitcoinized world](
this is why i have no respect for anyone that advocates for zero exposure to btc. ok, not everyone is a huge fan. your btc holdings are gonna vary greatly depending on your attitude to risk and general belief in crypto. but *absolutely zero* holdings in something that is been around for 12 years already and gone from zero to ,000 per unit? irrational. especially if you're holding anything like bonds or tools to hedge against inflation or financial crashes. ' even if it is 0.1% of your portfolio, even if you do not believe it will rise to dominance over other financial instruments, it is simple logic to hold at least some btc as a hedge.
exactly, countries and institutions are forced to invest now at the risk that this 10x’s over the course of say the next 5-10 years and shifts power dynamics on a micro and macro level.
great catch! please post the link to the source and let us upvote this post to the front page of reddit! edit: found the [source]( worth reading the whole report, it is brilliant. !lntip 1000
buying in earlier rather than later is sound and cost reasoning whether there is complete adoption or not bitcoin isnt going away.
everything will be in our favor if bitcoin achieve mass adoption.
what is crazy is that countries like us can purchase huge amounts of btc just by printing a shitload of their own currency. they can actually exchange fake tokens for limited supply btc. i wonder if btc is adopted worldwide if any country will suicide its own currency into hyperinflation to buy a lot of btc otc.
i like the saying “if you aren’t long bitcoin, you’re short”
damn this statement is really good, i hope every country will do that.
my goal this year is to get up, study bitcoin, earn bitcoin, and help people get on board.
game theory clearly works in bitcoin's favor. we see this theory being applied now with cbdcs. every country wants to launch its cbdc project in order not to let the others get ahead of it in case this field becomes crucial in the future. with bitcoin, it will obviously be the same thing.
very true. at minimum it is an insurance policy. at best it is the new global standard.
lol i understand the highlighted portion applies to one coherent thought but that last unhighlighted sentence is what really gets me thinking.
how many years would that take from now? anybody have any idea?
individuals. companies. countries. central banks. game theory at work.
basically fomo in corporate speak
high probability , countries are already stacking as a hedge.
i’d be interested to learn how many governments around the world have actually acquired btc and have just not publicly stated it yet.
bitcoin global adoption... slowly, then suddenly. despite the current price, i feel excited, something like the feel of pulling back on a slingshot... more and more, we stay at this price range with increasing illiquidity and, then twang to release the next bull run that goes further and higher because of this long build up.
what if the us has been buying, while promoting fud to keep the price down? it would be smart, since china is supposedly against bitcoin. it would be a smart play. and that is what they do, right? manipulate markets
the future is gonna be awesome.
just wait before i buy some please. i'm poor and i cannot buy. i wanna buy the dip.
and there is a small amount out there, let the bitcoin wars begin!
this feeds my confirmation bias.
obligatory: we're still early
been following fidelity digital assets for years. they represent an infinitesimally small portion of fidelity's assets under management. hopefully, the rest of the company will listen to what they have been saying.
i love seeing old people scared 🤣
do we have the source or the original document?
buy before they get it.
where was this written? source?
this is fidelity getting it, high stakes game theory indeed
some swiss banks are already buying cryptos...
i'm not an economist but i do believe this is a very positive outlook for bitcoin .
man i wish i had bought bitcoin somewhere between 2009-2011 then i would be laughing at this knowing im about to become a billionaire
i'm so glad for this current dip, i'm throwing everything and the kitchen sink that i can into bitcoin, my biggest fear was that it would run up to like 200k+ and i'd be priced out of acquiring a significant chunk.
does this mean get bitcoin and form diamond hands?
calls on fidelity i can say that i use fidelity for my roth ira and the site!
op please post link to the sources:
one country or sovereign debt fund makes a move and the whole games changes instantaneously.
fascinating to say the least... but i wonder what a central bank's motivation (or even benefit) would be for acquiring bitcoin. obviously, the same benefits as the rest of us... but i mean are they going to suddenly backstop their currency with it? is bitcoin the new gold standard (for them?) are they willing to make their fiat in some way tied to bitcoin? or more likely just hold in national treasury as an asset?
meanwhile at fidelity: - one last pump before we short it? - one last pump before we short it.
many major countries like united states and canada have invested already.
the year is 2032, 98% of bitcoin has been mined. central and south america have a combined 18 countries that recognize bitcoin as legal tender. energy innovation is at an all time high and bitcoin mining companies have exploded. inflation has been 7%+ for a decade straight in the us. the bitcoin standard is no longer avoidable. satoshi is added to mount rushmore.
woah. can you source the report, please?
another angle is countries that are traditionally (or increasing becoming more) economically unstable will be accelerated into adoption. strike going into argentina is a recent example of this.
do you have a link to the original publication? i’m having trouble finding it. if true, this might be the most bullish news yet.
it was true before a bunch of dinosaurs wrote it.
there have been reports like this since at least 2013.
that’s right, get on board or get tf out the way
meanwhile the average redditor if btc is even mentioned they automatically talk about how it is a ponzi scheme, scam, etc.
fuck fidelity and their shitty investment practices. lost a lot of money in the early 2000's when they let "certain" customers trade their mutual funds after hours and us regular folk took it in the ass. if i'm correct the sec slapped their hand and made them count the number of licks to the center of a tootsie pop. f'ers
or they could just ban it
i'm not sure i agree with the logic. in theory the adoption issue is a technical one. countries do not need to adopt btc. they could adopt any or enact another cryptocurrency.
how is bitcoin then decentralized if it is owned by central banks and corporations primarily?
how do people expect bitcoin to be the replacement currency when it has to be bought by a currency and it has limited supply which is in the hands of a few?
they're ***just now*** starting to "get it". lol
where do they say how much they own?
except most countries are not exactly known for doing what's best for them.
gradually, then suddenly! it is an honour to ride this one out with you guys!
central bank digital currencies have no bearing on btc. they should and will make their own coins. it does not matter. gold is still purchased and sold despite currencies existing.
prisoners' dilemma between nations:
it's better to have it and not need it than need it and not have it
who and where was this written?
fomo is a wonderful thing!
fidelity and the rest of these people aren’t as smart as you think they are. they are the first people to cut and run. long term this thesis is great we all hope for the power of game theory but short term it could be the classic “talking your book” just an independent advisor weighing in. btc will be huge and i don’t own any of it. it will likely push my other holdings up which is riskier but has higher upsides imo. wagmi
this! exactly what i was saying about how hyperbitcoinisation will happen. snowball effect
what do you mean “today they wrote this”. was this a press release? an email to investors? what’re you talking about?
that is kind of a huge deal. even if you don’t believe in bitcoin, you still should buy it as insurance… priceless. also, it’s a self fulfilling prophecy.
fidelity told me they are going to start supporting crypto trading as a broker
that is taken straight out of the bitcoin standard book
but to be fair, this has been obvious for years. both at a personal level, and at the scale of large entities. so who knows how long it will take for it to actually play out.
вас наебали как кроликов :)
that's actually pretty smart thinking. a 3rd world country is bound to stay that way for generations. but with this, a small investment might catapult you to a 2nd world country. it's worth the risk.
agreed. that’s exactly why i bought some in 2017. at the time i wasn’t sure if the tech would achieve mass adoption, but i wanted some insurance in case it did.
and still...42-43k and low volume...what the eff is going on?!?!?
fidelity has been mining bitcoin since 2014. bulls on parade
most important line: perhaps see central bank acquisition.
that made me so hard
fidelity has a whole digital asset arm. this statement by then should not be surprising.
interesting, is there a link to this article?
that absolutely true. i own a few and will keep buying. fidelity are scumbags but this post in 100% true. thanks
it almost sounds plagiarised from “the bitcoin standard”, no?
you see "bitcoin" not 'crypto' fuck dumb shitcoiners
can you share the link?
“outrageous” - lionel richie
this literally gave me goosebumps, i cannot wait for the future now.
sooner or later, someone obviously much smarter than me will figure out that there is a finite supply of this stuff and if they were really smart they would figure out that in reality the supply crunch is in the very near future.
that's basically what satoshi wrote, too.
tldr: if adoption increases price increases so buying now is the play. so buying yesterday is the best play as always, thank god we have fidelity telling us.
that moment when the capitalist's realize they are not the big fish.
thats a fuckin great statement about the game theory. even countries fomo'ing
largest holder of bitcoin is……
it’s too risky not to buy some.
that's nothing new, most of us already knew all these things.
took the words right outta my mouth, more or less 😁😁
i guess some countries have already done these things.
hyperbitcoinization, here we come!
central banks will probably acquire btc, but probably not how people think. pretty much all the centralized fiat currencies around the world are in the same predicament, where the sovereign debt has reached unmaintainable levels, requiring ever-lower interest rates, perpetually. when the debt bubble finally bursts, the role of the central banks is to absorb all thistressed assets. that used to be limited to government bonds, but if there is anything we've learned in the last few years it is that the central banks can and will absorb all thistressed assets, no matter what they are, even if there is no legal pathway to do so. they will simply do it, and the only people with the power to stop them wouldn't dare, because their balls are in the same wringer. what's true of the crypto space is that it is all highly leveraged. so in a debt bubble pop, all those entities that hold crypto end up losing it to the banks. and individuals who hold crypto end up selling it so they can make their mortgage payments, and the buyers are those same over leveraged institutions. so all the crypto flows into these insolvent banks, who then offload it onto the central bank in exchange for fiat in their reserve accounts. thus, when the debt bubble finally pops, the central banks around the world are likely to find themselves sitting on a whole heap of btc. which at that point will likely be next to worthless... but! don't worry, there is a but coming! when this all goes down, the governments around the world will have to borrow massive amounts of money to pay out all the entitlements like unemployment and all kinds of social assistance. what governments cannot do, however, is create more resources. so you'll see massive inflation as the few still working to produce goods and services struggle to make them stretch far enough to house, feed, cloth, and provide medical care for the masses who do not. so when the cpi gets really stupid (and trust me, we have not seen anything yet), i personally believe people's natural tendency will be to look towards btc as a way to store their government cheese in a place where it would not get moldy. if that metaphor does not make sense to you, it is like this. the response to a rising cpi and shortages will be placing limits on goods. so people will get their monthly stimulus check for say 2k dollars, but they will go to the store and only be allowed to buy 200 dollars worth of stuff. and they will know that by the time next month's delivery arrives, and they have more ration cards (for lack of a better term), those same groceries will now cost 400. so they will be looking for a place to stash that extra cash where it would not get inflated away. and if recent history has shown us anything, it is that btc was almost purpose built for doing that. so when the depression morphs into hyperinflation, all the sudden the central banks now find themselves sitting on the majority of the world's btc supply, which is now worth the moon. funny how that happens, is not it?
they're starting to get it
give me the source and will buy more
buy it all, today.
this is not from like the fidelity board or chief investment office. but some random junior analyst who's job it is to churn stuff out for clients
either the treasury , the fed , or a government agency has been stock piling bitcoin under thousands of wallets . the government is retarded and poorly run but not braindead to worth risking it . maybe space force kept seeing memes for going to the moon and got confused
i've been saying for a long time that the federal reserve should be buying up bitcoin. seems so obvious.
it’s examples such as these that make “macro” analysis of btc seem so fault prone. one country or sovereign debt fund makes a move and the whole games changes instantaneously.
this from naval from 2014.
freedom trojan horse kudos to alex gladstein
i love when companies speak truth about what countries will do regarding btc adoption.
they could also mint a cbdc.
i just want everyone to use bitcoin, only this can change the scene.
it sounds good, future is very bright for bitcoin and other cryptos.
a small step for fidelity and a great leap for humanity.
what document from fidelity did you get this? so we can read the entire document
bitcoin adoption game theory is gaining momentum . cheers .
unless the finance elite meet again and come up with a good proposal of how to proceed this is very much true.
damn that is what we actually want at the end of the day.
let the runaway chain reaction of adoption begin… cheers .
what will be impact of digital yuan chino in the fiat system and bitcoin ? thanks .
one of red bull’s original marketing campaigns was to “litter the streets” with empty red bill cans. a team of people went around the city and and make it look as if everyone was drinking redbull by filling all the trash cans around town with them. eventually the people walking the streets noticed all of these redbull cans that had been consumed it made them curious about it. redbull is one of the largest energy drink producers in the world now. redbull is a household name. i believe we are in a comparable scenario. most everyone has at least heard of bitcoin nowadays. (in the us anyway) not everyone understands what it is, or what is does, but they have heard it in conversation at least once by now. as long as companies like coinbase, cashapp and crypto.com are pushing to innovate and promote crypto currencies and blockchain adoption, then i think we will end up with “mass adoption” much sooner than people think. unfortunately, this is will most likely end up being a quick swap from crypto to fiat, but any publicity is good publicity at this point. the people who have done their due diligence will prosper, and the central authority on money with continue to thissipate, if only a little.
dude i type this here all the time. there will be one last bitcoin run like those in the past. where it sucks the whole market dry. it will be sparked when a 1st world country like france puts 1000 btc on the reserve balance. it will be like wildfire when other nations have to hedge against the first one being correct. and this will be nation level money. it will make btc look like a shit coin how fast it will moon. and that will be it. somewhere in the millions it will stabalize and that will be the final run btc takes before becoming an asset they behaves more like the s and p. 10-20 percent a year as a kind of barometer for over all human progression thistilled into a financial asset. but there is one last run left. it might not be soon. but eventually a low level 1st world country will make a move and it will become public. until then do not expect much. maybe it flirts with 100k. but the big move people are waiting on is the one in which nations get involved. after that probably the petrol dollar is not the main reserve currency. this could be 10-20 years... but it will happen. 5k btc could happen first by the way. just to temper all the children here
what makes you think that politicians are actually smart enough to think that way 😂
get on board or get left behind. in this case it will be a costly mistake!
all i read was bitcoin . stack the dips while you can .
this applies to personal, business, government (federal, provincial, municipal), and organizations. cantillon equality.
aparently tonga are making there national currency. donno is any one can confirm this?
from nation states to individuals, the urgency to acquire bitcoin is increasing minute by minute.
did anyone else catch compass say the us government is small scale mining in the midwest?
crypto winter is here, only smart thing is buy lower after you short the hell out of it .
adoption it is happening so fast that you cannot get a grasp on the amount of change, and the information is a deluge.
now is not the time to sleep on bitcoin, adoption moves forward .
hang on a minute,mainstream media saying 2022 is the downfall year!
is satoshi working for fidelity?
you see the problem is. why bitcoin? why not literally any of the other 17,000 crypto? they're equally backed by nothing and of limited supply. because bitcoin has the novelty is being first? do we still use the first fiat currency? the first minted currency? the first car? no
couldnt countries just ban the use of it as a way of payment? wouldnt that solve their problem ?
these sort of deliberately misleading posts do more harm than good
i guarantee the us is massively mining.
it's too bad that bitcoin is falling behind in actual use cases. i feel like broad statements like this are designed to pump valuation for asset holders, and then the smaller guys will be left holding the bag.
ah the "buy tsla stock as a hedge, which drives up the price of tsla, because there is too many people with tsla calls " but on a country wide scale
i believe it is us government behind the btc, so what i need to known is what is the bottom price for them? 30k or 40k?
it's not even fear of missing out, it is cannot be the last, fmi did a paper on how if some central banks get some, others are forced to buy some to protect themselves from the power it gives those that own some to attack the value of their money
the first country that prints fiat to buy bitcoin wins.
it might make sense just to get some in case it catches on.
why not when you can print unlimited fiat
he should have highlighted the last sentence as well
>so basically fomo at country level. considering the actual price, i wouldn't say so.
gold is the ultimate fomo. big bankers don’t want people to realize it’s the most important thing along with silver.
they'd prefer to call it momentum trading.
its happening this is the real flippening
if only fidelity were reading the cryptography mailing list in jan 2009 they would have seen satoshi said this from the start.
today’s version of melting down the gold…
when i saw el sal adopt btc, that was when i decided it was definitely time to join the party. i was really surprised that the news did not seem to bump bitcoin hardly at all at the time? i think it might have actually gone down amidst the ignorant el salvadorian protests.
what kind of insurance hedge are we talking about in terms of bitcoin amount?
great book. i'm about halfway through. when i am finished i will read it again. i knew a lot about bitocoin butt his book schooled me a lot about money, finance and economics. filled in my gaps in knowledge. now at a macro level it all makes sense what has been happening in the last 100 years or so.
worth noting that these are fairly junior employees putting this out. the second name is only 18 months out of school. not exact the same as a full on fidelity endorsement, though even my advisor there is starting to talk about futures etfs as a decent long term option.
can you even buy btc on fidelity?
in think every person who has enough money to save for a 401k or roth etc should have at least 50 bucks. not because that is all they should really get, but because once you have it you usually start to learn more about it and maybe even read the white papers, etc. you become 0% emotionally invested to some other number greater than zero.
0.1% is borderline useless on a trillion dollar asset. even if it increases to 10 trillion dollars, a very difficult and multi decade exercise, it would constitute just a 1% growth to your portfolio. easily offset if the other 99% falls by just 1% obviously it would do very little harm to hold 0.1%, since the maximum cost to you is 0.1%, but at the same time, given bitcoin is no longer a very high growth prospect, it also wont do much good. and given the marginal cost of acquiring and holding it, may not be worth it at all, depending on your protfolio size.
69,000 not 65,000 :)
news catalysts and endorsements as everyone places bets for 2022. even dave ramsey is on board. now we are at 3 month lows. future looks lucrative from where i am sitting.
does this argument apply to altcoins too, once one reaches this point? i can kinda understand not buying any if someone thisagrees with the whole concept... that was me once. > the problem with diversification is that it is possible to create an infinite amount of bullshit at no cost, and if you diversify into that you lose everything. diversification only makes sense among investments which are not bullshit. - [daniel krawisz](
some sovereign wealth funds would be the more likely nation state first move (at least for well established parts of the world) but agree with the point. just more reasons for greater adoption .
> this is why i have no respect for anyone that advocates for zero exposure to btc. anyone here visited slashdot in the last 13 years? it's hilarious.
they really do not want to see the 40k level broken again huh?
buying a large reserve of btc would actually strengthen a country's currency and power.
do you think a country like united states have not invested in btc?
why does the us need to print money? the total market cap of bitcoin is around . the annual us budget is . it would be trivial to buy, say, 10% for .
yes. no. no. cbdcs are a thistraction doomed to fail. they would not matter. ever. they are in no way a threat or replacement to bitcoin.
none of us would be surprised... it is inevitavle and to some countries a necessity .
'despite' - i agree with your sentiment, but even the fact that people are lamenting that their magical internet money powered by a trustless decentralised ledger only has a price of .
understand btc was 6k a pop last crash. price rn is amazing for something with "no inherent value" as r.
looks as though china is doing that exact play...
probably what all whales do.
likely both of them, but to what degree i’m not sure. how this plays out long-term is that “good” people need to own and maintain ownership of 50.1% of the 21m btc. or, more accurately, and more reassuringly, to destroy the integrity of the ledger, a single coordinated actor(s) needs to control over half of the processing power of the network to begin making phony or manipulated transactions and ‘seize’ the original blockchain. the blockchain is immutable, though, meaning no blocks that have been confirmed can ever be unconfirmed or censored, from what i understand. additionally, this would only split the chain in two, not destroy it. whichever is ‘harder’ is then, in theory, is supposed to swallow back up the other, but at this point in time in the game theory, there is no other form of currency other than bitcoin(an assumption), meaning it’s unclear exactly what would happen. in theory, i believe, the 49.9% could choose not to allow any sats of the other chain to be bought or sold on their chain, and if the 49.9% ‘bitcoin’ was somehow more desirable, it would seem that it could flip the other chain, but this is all just thought experiment by someone that is far, far farrr from any kind of expert on the actual subject-matter as far as the tech
i wish we did not feel the need to be validated by the old financial structure.
idk if you are able, but something like the blockfi rewards card could help you at least start accumulating *something*
many countries are still trying to ignore bitcoin. the main reason is the inability to control it.
they already posted it
who are these dinosaurs? am i missing something here?
yeah but it being parroted by bright minds at one of the world's largest asset managers is a form of validation.
and they have started coming true
i wouldn't be surprised if fidelity already had a massive bitcoin position accrued from idiots at around .
ignore these trolls they are getting paid for talking shit about btc.
funnily anytime i mention bitcoin i get scammers in my reddit dm's
of course i am even surprised that it is not already the case .
extended hours trading is still a thing...
wow, someone called 'liberty 4 you 2' taking the sec's side of an argument... fuck the sec.
we are in a very tenuous time. i know people think it’s unstoppable, but they are super wrong about that. the best thing we have going for us (in the u.s.) is that huge state run pension funds (california and chicago) aren’t going to be able to meet their obligations so they are investing in bitcoin mining companies as a proxy for having bitcoin on their balance sheet also oil companies are starting to see the value in using the wasted natural gas production at oil wells to mine bitcoin. the combination of these two things will make it way less likely to get banned by the u.s. but it needs to be way more popular, like the pension funds of all the swing states, before i’ll feel comfortable about the government not banning it
of course not. if countries start to adopt btc, other countries can’t just adopt whatever other coin they want and expect the countries using bitcoin to value their currency equally….
no, its not even like it would be a bit ineffective, it would be completely ineffective.
its about control, not coin allocation
because bitcoin being decentralized has literally nothing to do with who owns the bitcoins. there was a point when satoshi was the only person who owned any bitcoin. it was decentralized then. if the fed buys every single sat, it would do nothing to change the decentralized nature of the protocol and decision-making structure.
owning bitcoin does not give any individual, corporation, or government a say in how the network operates. the rules are written in the open source code and enforced by the miners and validators. even a government as mighty as the us would be powerless to force a change.
it's divisible. and btc never claimed to solve uneven thistribution of funds. you just weren't believing it enough. probably still do not.
don't get hung up on the word currency.
people are not expecting bitcoin to be a currency, people will always treat it as an investment.
satoshi wrote about bitcoin being the base layer monetary system, comparing it to the gold standard of the dollar.
yeah , that’s some bullish on a force level. glad i’m in early .
they do not. because once they do, they will make sure you are priced out
can we even track these things? like buying histories and all?
because the governments does not want to bother themselves to do something good for their own country.
at least they will step in the cryptocurrency market for once.
i wish this sub was more active. it has a lot of potential to be an actual informative sub rather than the same old comments and posts that get thrown around here.
lol, that is exactly what i told my neighbor when i dumped my trash all over his lawn.
so that means it will be good if they just have it even if they do not need it.
he is not providing any source and i tried to search it online, could not find anything.
that would not be a fomo i guess, it is just they have to do it because of pressure.
they will still oppose bitcoin i know it will happen even after mass adoption.
and yeah at the end of day bitcoin is going to win for sure.
it's nothing but a simple article, i hate it when people post without any legit source.
after all this is what we want, we are so close to mass adoption.
they are still supporting it, they just do not want to do it publicly.
can you give me the link of that bitcoin standard book?
i think we are very close of it, we just need a big mass adoption.
sounds really amazing, we all are looking forward to it.
dude have some chill, we gotta wait for some more years.
many of these governments are mining it anonymously.
i do not think it is a real statement, he should provide a link.
hahah not just you but most of the bitcoin holders i guess.
true that, it did not surprised me at all because we know these articles lol
i do not know why he posted it without any legit link man,
tibanne no, not the company named after the cat, the actual cat.
have you read “the mandibles”?
those are fiat. completely different thing from bitcoin. completely.
they are doing this since a pretty long time brother.
bitcoin is not tesla.
you are comparing two very different sectors my friend.
countries have 2 routes to this 1) buy 2) outlaw and seize. they’ll try both .
i suspect it’s already happening?
wouldn't that cause the price of btc to skyrocket, since their fiat is worth less and less and less, just for the sole purpose of acquiring btc, something that then becomes pegged to this worthless money?
ain't this the truth. when you think about it they could print their way out of the deficit in about a month.
right, except 3rd world countries cannot do that or they would have already, they get their money from central and world banks. this is why el salvador adopting bitcoin as legal tender is a big "fuck you" to the imf.
if el salvador still had their own currency i'm sure they would've printed it into oblivion to buy more bitcoin
i’ve been thinking about this… but an important thoughtprocess you have to make in this situation is the following. imagine for example turkey, the middle east country which has a strong need for financial strengthening, starts printing their ‘turkish lira’ at a mad pace to start accumulating bitcoin. how will they be able to get bitcoin? i think the only. (this may not be the best representation)… but one way or another, these lira will be exchanged for us dollars. either before or after buying bitcoin from exchanges. this will eventually just depreciate the value of the lira compared to the value of the us dollar. so the result will be: turkey has some bitcoin, but also has a depreciated lira compared to the world economy. this means a country would take a huge bet on the value of bitcoin because either way they depreciate their own currency by printing and forcing an artificial supply of their own currency.
the new cantillon effect.
tether was just doing what big bro fiat has been doing all along
[ edit: the us example is just easy to hand, every country does it
"brian, it is time. send it all."
“it might make sense just to get some in case it catches on. if enough people think the same way, that becomes a self fulfilling prophecy.”
it just means the el salvador, which is by and large in desperate poverty made a very smart move to hopefully better themselves. they have nothing to lose. their gni is terrible. i wonder if this has bolstered investment in-flows at all. the thought of investment there has passingly entered my head but as of now, but i still do not think btc is mature enough to walk off that ledge yet.
my final wake up call was realizing btc had hit a trillion dollar market cap. i had no idea it had grown to be so huge before that point.
el salvador adopting bitcoin is what convinced you to invest in this and you're calling them ignorant?
el sal is a damn scam. they dont actually have enough btc to back what they claim to have. yes they have some btc, but the people dont actually have any. its just some app that lets them cash out 30 bucks.
i've heard that el salvador has hundreds of bitcoins.
it's super good. so far, i've read the internet of money, the bitcoin standard and bitcoin:hard money you cannot fuck with. they're all great, but bitcoin standard is the deepest dive i've seen yet. you make me want to drop this other thing to read that again.
you’re me. from the future. i’m only about 1.
should also check out his new book the fiat standard.
bitocoin butt? should i invest?
you should ask your advisor if he knows what the cost of perpetually rolling those futures is
good comment about the career path of the authors but i'm sure fidelity has these reports checked at higher pay grades, makes sure it is in line with company values and stands behind what they are publishing.
fidelity has been in the btc business since 2016.
but it fits my narrative, so…
that's how i started. . now 10% of every check goes directly into it.
the nation state level version of “it might make sense just to get some in case it catches on.”
well yeah, in practise i’d recommend more. my point is that it’s illogical to have zero interest in something that has non-zero returns. even if you’re very thisinterested, you shouldn’t ignore it completely.
technically he is correct... it went to 65 000. it also went to 69 000 after that ;)
can i get a link to dave ramsey being onboard? i find that highly dubious as he is notorious for only recommending only "growth stock" mutual funds.
even worse than that. learning to type or use the internet takes weeks of practise. buying a little crypto exposure can take seconds if you already have a trading account, minutes if not.
but dumping your fiat on your own citizens is not going to be popular.
this is what every government need to know, i hope they will use their brain.
yeah but i am talking about them fully switching over and quickly dumping their own fake currency.
because the price would go up a lot more than %.
lol yes you get the worst of fiat and crypto,, cbdcs are __completely__ missing the mathematical point of being a hard money
maybe. but, they really want the digital yuan to be the world currency.
thanks! i checked it out. i think it is not available in my country.
they started mining btc in 2016.
from december 20, 2013: [bitcoin: questions, answers, and analysis of legal issues](
that's shitty people though, they exist for everything. that has nothing to do with bitcoin being a scam
who said anything about equally? do all countries use the dollar or pound sterling?
is bitcoin mining gonna be illegal if central banks take control of it?
>there was a point when satoshi was the only person who owned any bitcoin. that's not true. other cypherpunks were mining bitcoin with satoshi since the very beginning.
well not sure about him but most of are believing it enough.
they do actually, they started mining in 2016.
there's no such thing when it comes to bitcoin.
only few countries are investing smartly with hundreds of wallets.
true man, i really want it to be more active. it was such a great sub.
waxa on, waxa off.
people just want returns in one night and that is not possible they gotta understand that.
yes for them, to invest is to control.
never heard of it. what's it about?
why would a government need bitcoin?
i cannot get it, why is he even comparing these two things? lmao
the above comment was stolen from [this one]( elsewhere in this comment section. it is probably not a coincidence; here is some more evidence against this user: plagiarizedoriginal ------------------- [one for the plug and one...]([one for the plug and one...]( [not the random ass "yes"]([not the random ass "yes"]( [no that is a final fantas...]([no that is a final fantas...]( beep boop, i'm a bot -:] it is this bot's opinion that []( should be banned for karma manipulation. don't feel bad, they are probably a bot too. confused? read the [faq]( for info on how i work and why i exist.
control over supply is means to control incentives which is means of control
it’s about drive, it’s about power…
i believe a big part of the extended bull run was people receiving stimulus from the government that they didn’t actually need at the time and choosing to buy crypto with it instead of spending it. i also believe that a big part of the current dip is people pulling out of their investments now that tax bills and inflation are looming.
i work for someone who's paid by the u.s. government and i've bought bitcoin with some of that money, so indirectly it is already happened.
i wonder if there is some way to correlate conclusively inflow into a wallet (or set of wallets) and some measure of fiat supply inflation. i imagine everything will be too obsfucted through custodians etc, but its interesting to think about all the information that is out there on the ledger and elsewhere if we were only smart enough to figure it out.
bitcoin pegged? no. you're thinking of your dad. bitcoin is not pegged to anything. the only way to win is to buy as much bitcoin as you can.
i think his point is that fiat is worthless now, following the very same logic you're using.
yep it should but its not,bitcoin went down again today but also fidelity lives on the markets 24 so here they are stoking the embers so they can milk the cows again bitcoin should be 400k right now...but its not...i wonder why?
for sure. we lost our currency 21 years ago
sounds like turky should do it then cuz their fiat is failing anyways...but if they get the bitcoin at least they got some hope and a piece of something that the world is considering the future
> an artificial supply of their own currency. as opposed to a 'natural' supply of their own currency?
**[executive order 6102]( >executive order 6102 is an executive order signed on april 5, 1933, by us president franklin d. roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental united states". the executive order was made under the authority of the trading with the enemy act of 1917, as amended by the emergency banking act in march 1933. the limitation on gold ownership in the united states was repealed after president gerald ford signed a bill legalizing private ownership of gold coins, bars, and certificates by an act of congress, codified in pub. l. ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
fun fact, satoshi chose 2016 blocks for difficulty adjustment. 2016 is 6102 backwards.
fidelity always played & plays in the fringes . xd .
oh i know. thank you for reference.
why do you think we have *2016* blocks between difficulty adjustment?
"brian, that is great, yeah, in the multi-sig wallet. mine and yours."
i invested a little early myself, now would be the time i wish i could have invested... i feel like it is mature enough, but most people have not realized yet. and we likely would not be seeing btc crash any lower. so risk is not as high atm, because we are like 40% below the all time-high, which most investors agree is also low for btc vs its actual potential.
yep. the civilians who protested btc are ignorant villagers and shit.
i heard btc was over-represented in the population prior to the legalization. not sure what the ratio of ownership is on it though... like if 0.1% control 99%? or if there is like a btc middle-class population growing?
haha, i’m the fully finished form of you two.
is not it relative to the costs of the contracts of the time of roll?
gotta pump those numbers up, those are rookie numbers in this racket
technically, 69,420 is the number to beat
"financial guru dave ramsey says cryptocurrencies are 'fun', they are here to stay, and they can be part of bitcoin news wallets. no, as long as the exposure is money you can afford to lose, whatever you want to do with that."
as i've said, buying bitcoin will increase a country's wealth if done right.
everyone wants money only they are allowed to print to be the world's currency
there is zero chance of that happening, short of global domination by the chinese military, which also has zero chance of happening, unless they can build a world-dominating military without access to the rest of the world’s financial markets and all the while keep their population happy and simultaneously convinced that they should work their asses off to wage war against the world. realistically, the communist party wants a digital yuan for controlling their own population, but everyone in the world, including the average chinese citizen would rather have us dollars than any other fiat save maybe the swiss franc, which is still a stretch imo. there is no debate in china no less, though, whether anyone would would rather have usd or yuan lol. like saylor says, everyone wants to trade their weaker asset for a stronger asset. there is no debate to be had
then why switch to a cryptocurrency at all? they’re already having their fiat devalued no problem. you’re clearly missing the point.
i mean, they all use the dollar if they participate in international trade.
why would governments need to buy x amount of bitcoin in order to pass a law to make mining illegal? one thing has nothing to do with the other.
the problem is people cannot even be bothered to find out why btc was created in the first place. and it goes only downhill from here in terms of knowledge. then you understand why many think it is a pyramid scheme, scam, etc. too lazy to learn.
they are doing this since a long time, people just do not know these things.
bitcoin is secure and enough for the people in cryptocurrencies.
it’s a dystopian novel where a lot of what’s in your comment comes to pass. so it’s a financial dystopia. it’s not crypto related per se but i think you’d like it a lot.
its funny because its the tax bills that prevented me from selling.
didn’t think about this but same haha
hasn't el salvador lost money on its bitcoin positions?
maybe some hack from forbes will confirm the rumor just to get the fire started :°)
hmm you are right. countries with their backs against the wall economically could gamble into bitcoin out of desperation.
seems like we (americans) should learn about this in school, and yet
i love these easter eggs, like the genesis block and bible reference, and the article headline
i see the lot of these fidelity says this or jp morgan says that but often don’t see anything in a google search. do you have a link?
because 10 minutes * 2 weeks is 2016; and both 10 minutes and two weeks are nice round numbers. i wouldn't read more than that into it.
this is kinda rude. the government didnt really care about the accessibility of btc for its citizens. many citizens didnt even have phones or a way to acquire btc. much less take advantage of its benefits compared to fiat. also pretty sure the app they wanted to use was absolute dogwater.
ignorant can be fixed.
it’s like 10-15% per year- ie long term strategy is like shooting yourself in the chest.
fees are a % on most platforms
fee is usually only about . i can live with that.
i may or may not have a standing limit order there you know what they say about levels being "psychologically important"
it's very interesting to see his stance on bitcoin slowly shift. thank you for the link!
if the us or an eu company adopts "crypto abc" then that crypto will skyrocket in value. btc has first mover advantage. it's great as a store of value. countries like el savador are being smart getting on the train. there's a tipping point where other trains become more attractive options.
huh, that is pretty interesting, because to date i've never heard anyone else suggest that theory. people just kind of look at me weird. it's like, dude, the fed is a clearing house for all the private banks who own all the private and sovereign debt, and before this is all over, pretty much all indebted assets will end up on their balance sheet. even the people who know enough not to thisagree with that say oh well then it will belong to the government. and i'm just like, uh...and what makes you think that??? idk, man, it is like people cannot wrap their minds around the fact that money does not materialize from nowhere. behind all the money, which is to say debt, there are private entities who have full legal rights to the indebted assets if and when the borrowers default.
can i ask how you reconcile this "game theory" approach with the fact that china outright banned btc?
>the revolution will not be televised more like... the revolution will not be centralized 😋
no. stop thinking in dollars and start thinking in bitcoin.
probably less than their inflationary currency would have devalued including its purchasing power on a global level. ' edit typo
the reason why you do not learn about things like this and nixon closing the gold window is because all americans are immediately and instantly embarrassed once they learn what is happening today has a direct correlation to very bad decisions made by political leaders that were so incompetent on a geopolitical stage. the day i learned that all our financial issues we have today are a direct result of americans' lack of holding politicians accountable for rampant and unchecked spending, i immediately regretted my inaction in politics. i realized we (the american public) became the reason why democracies always fail, because it is so easy to amuse the masses with "bread and circuses" and largesse or gifts stolen from our savings while turning a blind eye to the politicians printing fiat as a mechanism to steal that savings to hoard more valuable assets for themselves with our own money. financial accountability is the one thing both parties agree they should never do. our inability to hold them accountable is why our democracy failed, too. edit: i know everyone gets up in arms about why the first or second amendment is important for democracy, and i do not mean to argue neither are not important, but imagine two thieves want the public's money. all they have to do is get you to fear the other thief while they take it. one will take it in big military contracts while the other thief takes it with all the money sent to ngos and contractors for public welfare projects. both of them point at each other as scary while putting a hand in the back pocket of the treasury. it's a grift and you're not the recipient of it.
hey, fdr is like jesus to the democrat party. you can’t talk bad about fdr.
no no, let us get qanon on this and see how far we can drag it out.
probably you're right, but it is a nice coincidence.
what? they can still use usd, it is not banned. what el salvador has done is strictly a positive (though i'm sure they could have implemented it better)
only if they are interested in 'fixing' it. willful ignorance is sadly a thing.
the only reason i made mention of them is because their fud sort of counter-balanced the positive news their govt produced. would be interested to see an interviewer talk to people in el sal to see what they think now. because there must have been like an info campaign to let people know what's good...
what site do you guys mostly recommend then for lowest fees? i mine about 90% of my coins, but would love to add more from fiat.
i wonder what changed his view?
i see el salvador more as a guinee pig in experiment for the rest of the world.
[ i went there to re-read the synopsis and, although it is not exactly what you're saying, it is pretty closely correlated.
now thats a good one! hell yeah baby!
maybe, i mean i guess a good investor keeps all avenues, currencies and ideas for good returns on the table. i am not sold on the value of bitcoin yet (same with the value of physical gold), especially with negative externalities of the energy requirements associated with the system.
or they could have invested that money into something else and earned a positive return on investment...
jc collins, xrpchat, july 4th 2018... 'you are exactly right. in fact, during the original bretton woods negotiations in 1944 the british economist john maynard keynes was proposing a supra-sovereign asset called the bancor to serve in the global reserve function. the agreed-upon draft was written with the bancor. it was at the last minute that the bancor was switched with the usd. russia was in complete thisagreement and excused themselves from the final signing. this was really the origin point of the cold war. the world bank, imf, and world trade organization were all developed to support and facilitate the use of the domestic usd in its international function. there has always been a divide between monetary and financial policymakers around international responsibilities being given to a domestic currency. some interests have reaped immense wealth from the imbalances this system has created. with that being said, there are those in america who no longer want the dollar to be used in this global capacity. as you stated, china, and other nations, also no longer want to use the dollar to balance trade and clear global payments. china, and other nations, also do not want to use their own domestic currency to replace the international role of the dollar. everyone wants a supra-sovereign asset in this function which can be trusted by all involved. the imf attempted a series of reforms and quota adjustments to align the sdr with some of these international functions, but the level of foundational changes required to make the sdr the international reserve currency, though not impossible, would have taken large agreements between nations to ensure the imf wouldn't continue to be dominated by american interests...'
yes you can. dems are much less likely to fetish-ize and worship their leaders. and in this case "the stated reason for the order was that hard times had caused "hoarding" of gold, stalling economic growth and worsening the depression as the us was then using the gold standard for its currency.[2][3]" my favorite part about the wiki was the thisinformation campaign though! **hoax of safe deposit box seizures** according to a hoax, roosevelt ordered all safe deposit boxes in the country seized and searched for gold by an official of the internal revenue service. a typical example of the text of the alleged order reads: by executive order of the president of the united states, march 9, 1933. by virtue of the authority vested in me by section 5 (b) of the act of october 6, 1917, as amended by section 2 of the act of march 9, 1933, in which congress declared that a serious emergency exists, i as president, do declare that the national emergency still exists; that the continued private hoarding of gold and silver by subjects of the united states poses a grave threat to the peace, equal justice, and well-being of the united states; and that appropriate measures must be taken immediately to protect the interests of our people. therefore... i hereby proclaim that such gold and silver holdings are prohibited, and that all such coin, bullion or other possessions of gold and silver be tendered within fourteen days to agents of the government... for compensation at the official price, in the legal tender of the government. all safe deposit boxes in banks or financial institutions have been sealed... all sales or purchases or movements of such gold and silver... are hereby prohibited. your possession... and. therefore... your vault box must remain sealed, and may only be opened in the presence of an agent of the internal revenue service. by lawful order..., the president of the united states. the first known reference to the hoax was in the book after the crash: life in the new great depression.[26] the fake text refers only to gold, not to silver, which was added by 1998 to internet references. it claims to be an executive order, but its text was written it to apply to specific individuals ("your possession"), and so if the text originated from the government, it would have been sent to individuals, not published as an executive order. the first paragraph starts with the actual text of executive order 6102, then edits it slightly (changing "said national emergency" to "a national emergency" and "still continues to exist" to "still exists") and then adds invented text. the minor edits and the way that the real text and fake text are combined mid-sentence make it almost certainly an intentionally designed hoax, rather than an accident. most of the text does not appear in the actual executive order.[27] in fact, safe deposit boxes held by individuals were not forcibly searched or seized under the order, and the few prosecutions that occurred in the 1930s for gold "hoarding" were executed under different statutes. one of the few such cases occurred in 1936, when a safe deposit box containing over 10,000 troy ounces (310 kg) of gold belonging to zelik josefowitz, who was not a us citizen, was seized with a search warrant as part of a prosecution for tax evasion.[28] the us treasury also came into possession of a large number of safe deposit boxes due to bank failures. during the 1930s, over 3000 banks failed, and the contents of their safe deposit boxes were remanded to the custody of the treasury. if no one claimed the box, it remained in the possession of the treasury. in october 1981, there were 1605 cardboard cartons in the basement of the treasury, each carton containing the contents of one unclaimed safe deposit box.[29]
willful ignorance is stupidity, and you cannot fix that.
this shit is concerningly fucking stupid.
i’d say the realization that bitcoin isn’t a fad or a fly by night ponzi scheme like many still believe it is. the continuous influx of big money from entities like microstrategy would surely get his attention as well.
bitcoin is the only way to protect money from human fuckery. bitcoin is obviously the best possible way to store wealth. history backs this up.
that would require competent politicians
easier said than done, plus their best natural resource is power, which they are converting into btc. every day they mine btc with volcano power they are essentially averaging down their cost.
how would it grow quicker than their own currency? unless the investment is getting more than 1000% per year (or whatever the hyperinflation rate was), then it is a bad investment...hence the bitcoin.
yup, and ultimately the whole world will be better off with us using btc as what the sdr was intended to be. i know a lot of people think this means that we are going to be burning fossil fuels or that bitcoin mining is still "bad for the environment", but the reality is, why would we even burn fossil fuels when we can use that big burning ball of gas bombarding us with light and set up thin layers of foil (ala the james webb) to run our miners cold? we should not be using fossil fuels, we should be doing dyson spheres and will once it gets easier, and it will, we have all the evidence showing it will, too. honestly, we should all be okay with letting our world's smart people work towards becoming a type-ii kardashev civ while our countries and politicians bicker about whatever stupid stuff they want to bicker about. (i realize type i is not even achieved, but i never understood why the delineating line between i and ii was if they could harness all the power of their planet first, we do not need to rape our planet of power, we have the sun, ffs.) if countries even are necessary going forward is going to be a large question in the near future. whichever country has the more permissive space policy and works the best with helping miners migrate their solutions to space is going to be the only winner in the future.
oh, so it was totally cool then because they did not open your safe deposit box. what happened if you went down to claim it and they made you open it infront of them and you had bullion in it?
obama was pretty darn fetishized if you ask me
i'm still waiting for all these positive news catalysts to kick in. big money, in particular institutional investors allocating a portion of portfolio to bitcoin should give us a boost in 2022...but bitcoin do not care what i think. time will tell.
i would argue that education and equality is the best bulwark against human fuckery (obviously nothing is 100% so good to have several bulwarks). also bitcoin has not been around that long, it is hard to say what will happen with it at this point.
i just want to say that nobody really uses bitcoin for payments. even el salvador uses another cryptocurrency as the settlement layer for their bitcoin wallet transactions.
i'd settle for politicians that accepted basic science and weren't conspiracy loons. cest la vie
ya i mean i do not really have an issue with that but a lot of bitcoin mining is done using dirty energy sources (that is not really a knock on bitcoin as it is just how the global energy system is setup at the moment). but it seems to me that bitcoin is just this black hole sucking up energy and resources that could be put to better (cleaner) uses. same thing with oil and gas, there are negative externalities with such things that are not fully captured in the price (except oil and gas is necessary to the basic function of the world economy).
from what i understand they adopted usd as their main currency in 2001. this article goes into depth of the gamble el salvador is taking,
another article i came across just now. sophisticated spyware found on journalists phones in el salvador. scary stuff.
i only said it was interesting. and the reason why i think it is interesting is because thisinformation is a common tactic throughout history, used to generate fud. in this case, the fud and the hoax text were created and spread long after fdr was president. "which was added by 1998 to internet references." why do i think that would be? well if fdr is some sort of hero to americans, and we want to soil his name, let us make something up that they would thislike, and aim it at people who were not part of the history of the recovery fdr led, so no one like him will be in power again. much like the "moon landing is fake", hoaxes allow the enemies of america to attack the faith americans have in their country and government. like i said, very interesting.
yeah do not know what he is smoking
your perspective is just one of hundreds of millions you should consider while forming such opinions. if you feel like obama is "fetishized" ask yourself why and ensure you're not thiscounting other viewpoints or being unfiarly myopic. i know lots of people who are liberals and hate obama for his financial bailout actions that helped corporations and wall street but left people behind holding the bag. obama is not fetishized, but his opponents do a good job making people think he is because of their own propoganda
> fetishized **have an excessive and irrational commitment to or obsession with (something).** you know what, i agree. the conservatives certainly were anyway. but he was also a tool of fud for them, so it makes sense.
no. it's not hard to say. it can be calculated. supply and demand dictates price. bitcoin cannot have its supply inflated. everything else can and will without exception. there is only one way for this to turn out. i've been right for the past 4 years anyway. just do the math that you clearly have not done yet, since you say you cannot tell what will happen with bitcoin. bitcoin is a fucking miracle. if you do your homework on bitcoin, you'd understand what i mean. i suggest starting here.
there's strong evidence he hurt and extended the recovery. i agree that your opinion and take on it is interesting and worth thinking about under the premise he helped. even "appeared" to help is enough for your line of thinking to be valid.
i do not know what a lot of people are [smoking](
yeah honestly. obama brought on some great social changes but at the end of the day he was as corporate as they come, and tried way too hard to appease his unyielding opposition.
i will check it out, thx.
oh, we already had (for most of the mankind's history) a currency which supply could not be inflated, it was called "gold". turns out that inflationary fiat currencies are actually better for economic growth, that is why they got so popular.
yes i have read about that with fdr. (hurt and extended the recovery.) i am no historian though, nor an economist. i cannot really speak to those things, but, considering the fact he was re-elected for 4 terms, i can easily assume people at the time liked what he was doing. again, i think some of the fdr hate is aimed at tarnishing his presidency, simply because his methodologies are unpopular with those who benefit from less socially-democratic governance.
making this the main thread since it has the most comments. enjoy the ath everyone and please do not make new posts about it.
i'm not going to wear pants today!
look at it go! this is exciting, this is my first ath.
i do not even know where my trezor is at probably needs update. so auto hold.
mooning as soon as 9:30 am us eastern time hits... that is what i call institutional money.
congrats. this is gentlemen.
fuck yea cashing out my 6
the comment section is a circle jerk fest and im all for it. lesss goooo bitbaby
dont you know pump it up
btc 100k ye lfg
wowowowow!!! where are the memes? i miss the rollercoaster guy
now im 2% profit!
congrats to everyone strong enough to hold through the recent dips! you deserve this!
,420 here we cum!!
y’all —— im gonna buy more. this shit ain’t done, in five years ppl will be crying wishing they bought at this ath price
my dad who has never bought btc before: "hey, can you put in a short for me on bitcoin?" motherfucker lol
yo. everyone. you’ll never believe how hard my nips are right now.
0252 here but i had to get up to take a celebratory shit boys
i still remember reading the bitcoin forums, and everyone speculating if it would ever hit .
i finally doubled my 10 dollar investment!!!
i'd like to thank r. all they did was tell me to sell and invest in bullshit dividend etfs. feels great to know i outperformed all their shit tier boomer stocks. when my 1 year ban is up i'll be posting my gains again and hope for a permanent ban from the sub.
dicks out for 65k
wish my stocks did this well
i'm not sure if i can handle all the winning guys. i think it might be too much winning. please mr satoshi, i cannot cannot take all this winning, it is too much. please stop!
f for all those paperhands that panic sold after it crashed 30-35k
i didn’t sell through the big dips but i didn’t buy much either. many ragrets
congrats to all hodlers 💎
nice thing about this ath is that it wasn’t some stupid elon musk tweet that got us here. (and we haven’t had a fomo spike yet so fingers crossed that happens).
all time low for the dollar
boom! well done all holders.
what a beautiful sight
that still does not change the fact that there are 49 million kangaroos in australia and only 3.5 million people in uruguay which means if the kangaroos were to invade uruguay each person would have to fight 14 kangaroos
fomo crew are incoming!
i only bought into bitcoin 1m ago and wow i’m glad i did it then!! obviously wish i had known about it all sooner but can’t complain now! 😊
we re part of the history! congratulation guys!! 🚀🚀🚀
remember all of the over 9000 memes?... can't wait for the 90k ones...
i put everything i could into this over the last two months, and i feel really good about the decision. dumped most of my alt holdings, sold stock for some quick tendies, and i have been dca’ing ever since. keep buying - there is a still a long way to go.
past months were the survivals test and congrats to those who have passed it and are here now.
never sell, buy the dips. this is the way
exciting times! cheers y’all
guys i’ve not seen a 1 trillion market cap in gbp yet, please buy more. only around 84 billion to go
i feel butterflies in my undercarriage.
i’m a believer for the 1st time today. just bought my 1st sats.
be prepared for a correction tho! we'll see one in a couple days before rising back up.
this feels different than other ath's... i know there has been profit taking at previous ath's...but it seems like you'd be crazy to sell right now with all the upcoming bullish catalysts. we may never see below .
i’m in school right now and cannot focus on anything they are attempting to teach me
aww yeah! dca and hodl!
“it’s a ponzi” said some knucklehead for 13-14 years straight. “it’s tulips” yeah. we all know those absolute idiots. or better yet. “it’s baaaaaaad 🐑 for the environment” whilst knowing fuck all about bitcoin.
reunited and it feeeeels so goooooooood
so cheap right now. it's a great time to buy!
full send mode activated.
i'll tear up a sticky note into confetti and throw it up in celebration. no doubt my coworkers will look at me funny.
i got a semi at work reading this
… and it just blasted through. i just saw a vertical candle. hilarious!
don't you know? don't you know, things can change things'll go your way if you hodl on for one more day can you hodl on for one more day? things'll go your way hodl on for one more day!
here for the memories
ath reminder i accidentally sold my bitcoin on coinbase as a joke to my wife. that joke cost me about 10k as of today.
breaking ath was the easy part. the hard part is knowing when to take profit. good luck y’all!!
you got to pump it up! don't you know . . .
price thiscovery mode - gotta love it :)
maybe it is just me but i find hodling easy. i'm not sure what the fuss is about. you just hold. it's really not that difficult.
wow that may crash seems like a bad dream now, gotta be careful with the hopium.
this has been a good day and i am going to celebrate this
people be 'like a 66k, how cute" in a couple years, sorry months, i mean days.
congrats to everyone strong enough to hold through the recent dips
its here boys!!! hodlll
if you think this is ath hodl my beer.
sell wall broken, we're gonna see some big increases daily now.
it crawled up to the ath and then just ripped through it!
i'm getting that funny feeling
it’s a magical morning ladies and gentleman! this day marks history and in the long-term, it’s only up from here! happy hodling!
i'd say i understand but i have learned hodl is the easiest thing, as long as you've come to this understanding all is well
well done to everyone who bought bitcoin at 63k the first quarter of the year and hodled until now, you are a true warrior, let the fomo begin
china just left the chat
coke and hookers back on the menu, boys.
it's been an amazing ride sailing with you guys. we have clear skies ahead. miles to go.
wanted to take some profit when it bounced back to 50k. but glad being greedy pays off!
i has the sads. had to sell my btc to pay bills. at least i had it when i needed it. selling my house and planning to buy back what i had. hopefully it will dip sometime this winter.
past months have been nothing. you should have been around 2018-2020 if you think any 2021 month. however making it thru those years has made me iron.
and for a brief moment, every single bitcoin hodler in the world had positive gains.
> past months has been tough you must be new
cocks out for 100k
i'm just wishing i had bought more, but it was most definitely a bit scary entering a bitcoin position for the first time
buy high sell low!!!!
there is a massive amount of cash moving out of the markets and into all forms of crypto. aapl goes down when they introduce hardware equivalent with the second coming of christ, and the stock goes down. this ain’t rocket science. sure things will flip, but for now, crypto is king. and in the words of cnbc: we just don’t understand. this makes no logical sense. maybe someone can explain it to us? let’s bring on icahn, jamie diamond, buffet and jason calacanis to make sense of all of this, the “experts.” after this commercial. i’ll explain it, hold the commercial. aka you have been 100% wrong with crypto. 100%. week after week. month after month, year after year. it’s not to make $$$, it’s too move society forward. we still don’t understand that one. maybe senator warren can explain it us? after this next commercial. senator? i just don’t understand and i have zero interest in understanding. absolutely zero interest. the mind boggles. :-)
now, when does it stop? lol
let me tell you why this is bad for bitcoin...
for some reason my sell button is hidden for more than a year now
't you know, pump it up! 've got to pump it up! 't you know, pump it up! 've got to pump it up! 't you know, pump it up! 've got to pump it up!
ohh shit i didn’t think it would happen so soon. i thought i would have to wait another 3 years jesus christ
good news to battle the canadian inflation in the media today.
serious question...im holding but would conventional wisdom say that reaching an ath is quickly followed by a large selloff?...looking at the charts prior, it seems like that is the case, but i would love to just see the growth continue obviously.
i love you bitcoin
we made it! i bought at 29k. best decision ever
raises drink to the group
imma wait for 100k, then ill have 100k overall return
i have not checked my portfolio since may it appears we are at the same prices? why was everyone freaked out over the summer?
see you at the bar tonight!
10am, sep 20: just a normal day at satoshis house, sitting on a yacht eating the finest caviar just watching this ath
hit an ath of ,888,88 on btcmarkets.net in australia. satisfying.
the price is **always** lower than the next ath
should i keep holding?
what whale just tolled us all 66,999
welcome to the top of the world, ladies and hodlers. don't forget your oxygen bottles as we're heading into the stratosphere.
it’s simple; hodl. a strategy for the eons
now to new ath's. hoping to see 80k this year :)
happy new ath '
dammit. i bought at 29 and now regret not hodl
we don’t care about the price 😜
so now what. bored at the top. i’m waiting for the dip! 💎
i can’t wait untill it’s crashes back to ,000 from ,000 and everyone says bitcoin is dead 🤣
congrats bois, see you again at 100k
been dca’ing since june. buying a certain amount every monday automatically no matter the price. i’m up 70% overall
first time buying bitcoin 5 months ago. did it again last month. i'm up 60%. fuckin lets go btc. don't worry. i'm hodling!
for six months bitcoin was in limbo but i hodled and now i am in lambo!
he bought? dump it!
i been holding since 47k 😁 love it !!!!! its a crypto wonderland out here !!!
months? it was really fuckin hard not to sell at a grand.
maybe a dumb question but what's ath?
i've been at my ath for many many years. 🌿🪴🌬️💨
it's back down again
people who believed in bitcoin deserve this, today is a good day to celebration
i tried to log in but i couldn’t sent email to bit mart customer service but never been resolved i really don’t know what to do
i want to kill myself i only have 100 bucks of bitcoin! xd hahahahaha!
so proud of the community, fk china, fk musk
even though it feels somewhat counterintuitive, i just bought another chunk of btc right as it was at an ath because i believe it would not stay here for long, and i can afford to wait.
jfc it is storming past the old ath
in real dollar terms, we are still about 30% away from an all-time high.
someone out there just staring at the price waiting to screen capture ,420. i can feel it lol
did somebody say super-cycle!?
it’s gonna pass 69420 before long. get your cocks ready for a mandatory fap.
not complaining but i wanted 2 more months below 50…
me 2 hours ago: closes long at , rsi tells me the price will definitely correct. i'm a smart individual. bitcoin 2 hours later: **weeeeeeee mothaf*cka!!!!!!!**
and this ain’t the top! let’s goooooooo
it’s just beautiful! 😭😭😭🤩🍿
but i do not have any btc. 😥😥
btc gunning for silver market cap, soon there 👽
all i can say we did it!!
oh yeah. felt my balls shrunk the past few months. didn't realized they were made of diamonds.
yawn. wake me up at 100k please. 😴
alt season at , any thoughts?
we should synchronize our ath at 4:20 today
i held my position and accumulated more as it dropped immediately, and now i'm up again
i just sold my btc, made big profits
>past months has been tough what'll be tough is wen btc is under 20k next summer.
just for fun. i'm calling 68 within 24 hrs and i have no way of really knowing
youtuber who warned about bitcoin high for 2021 20 days in advance now is warning about the next target:
never write off bitcoin, it is the 800 pound gorilla. next stop 100k.
let’s fucking gooo!!! 100ks next!
what was tough? btc is the scarcest asset know to man. holding btc is life on ez mode.
i want to keep it as long as possible.
if bitcoin hits 100k i can finally pay off my house... fuck this morgadge crap
i proposed myself to hodl for 5 years minimum, but i think i might sell at 70 something k and look for a new entry point later on.
it is just the beginning
congratulations gentlemen!! all bitcoin holders (99.9%) are now in profit. hodl.
new here and to crypto in general, been hodling a small position since the 29k dip a few months back. long term (at least 5 years out) does btc go over 100k?
i remember 2017's ath and how we did not touch that for over 3 years. expect the same. i'm not here to scare or warn you, just want a told you so.
i knew i would never regret jumping in during the may crash.
my portfolio passed 100% profit today also whoop whoop. best decision i have ever made!!!!
*twitch* did someone say all time high
and dumb money still not in.
here we go yeah
smiling face all day till eoy.
when will we see the antiwork post saying they quit because of btc?
remember to sell before you die.
thanks for all the fish.
hold on to your butts
all too hooters to celebrate
so buy puts on mara?
glad i did not sell and kept dcaing :)
unleash your memes. 🙃
the dip will come and i will only buy more
due to bfx i get a lot crypto, can's say they pay
and now, time to turn off the internet for a couple of weeks.
hey, i suck at math. i had an emergency a few months ago and i sold my , if i would’ve held how much would i have?
i feel like i’m the near future it will be very hard to even get a bitcoin anymore with all these funds buying them now. this is insane.
i am grateful instead of selling when my financial situation is dire i hodl and even buy the fucking dip with every penny that i have left.
i wish i had a full coin 🥺
fucking right that is why we hodl
i have diarrhea. ath but not sure?
nope that is tomorrow. wait, the day after. etc.
can you pump it more?
ath, everyone ones is in a profit state rn, so prepare for the paper hands selling! its going to be a bumpy week. stay strong
good time to make sure you still have access to your cold storage
i'm buying more tomorrow
gold is -7% for the year fml
congratulations everyone!!!! now go clean off that crusty dried sweat and prepare for the next ride…
that is cool but its just going to dump again and our unrealized profits just vanish . i will be excited if this is the new low and them profits stop vanishing
whoops i just sold
i would like to see that bollywood video of the men dancing, please.
if i'm gonna be that guy...it was technically only ath for about a 3 hour period...this statement was short lived... lol
bulls win, bears lose. suck it fed and fud.
well, to be fair the past few months did not have to be rough, for those who applied a bit of [risk management]( just saying.
can it possible go higher? new buyers will think 65k is too high to get in.
so next stop the moon?
i sold my % spike, planning to buy more a few days later. to my thismay and to everyone else's profits, i did not buy back in as it kept going higher because had i done that, it would have started going down and you all would not have seen your gains. you're welcome. if anything, now that you mention it, i should be compensated for sacrifice.
i'm not fucking selling
holding only pays if you sell?
watch this and the problems dalio highlights with the status quo… and then tell me bitcoin isn’t the answer. spoiler: it is.
100k by early 2022
anyone see planb post on twitter back in june 2020??
you were expecting something else?
how have past months been tough?
hodl to the 🌚
time to buy then lol
i think the time to take the shirts off in the under covers is here.
congratulations for what. all we did is buy some btc and other people did the hard work and then it went up in value. soon it will go all the way back down again. its cyclical. no sadness, no happiness. the middle path. buy whatever you can afford to lose and just hodl and come back in ten years. that's the best way.
at this rate people will stop referring to it as buying bitcoins and start saying how many satoshis they own.
and that’s not going to be the last one !
what a year! i’ve learnt so much about crypto this past 12months. decided early this year to start investing tiny amounts to make sure i was playing safely. managed to get 60% return on my bitcoin. going to hodl for a long term next year though!! 🪙 🚀 🌙
anyone looking at baby shark
baby shark tokens to the moon
i bought bitcoin for the first time at the previous ath a few months back.
i held my position and accumulated more as it dropped immediately
the best way to make good moments in crypto is by buying a token or asset that has good potential, then you need to hodl it not in short time but on long-run. stay strong, do not sale in short time period because you might regret it later. for me i have thiscovered brokoli network native token . , uniswap and pancakeswap. brokoli is bringing a positive climate impact to every transaction in the blockchain without any extra fees to the users. any defi project can implement brokoli’s api snippet to enable a small fee for a small climate fee that offsets transaction footprints.
what’s a guy gotta do to get some btc!
does saying hodl make you feel cool? and part of some sad gang?
be careful at the 75 mark. it has heavy downside from there . these are joyous days and i sound like a debbie downer. just want to support the brothers
thank god i did hold lol
in since 8k and i'm gonna need new pants
i’m curious guys bitcoin is almost at 70k last year 2020 bitcoin was 19k will bitcoin drop ????
if someone gave me 1 bitcoin, i’d cash out and fly to them to have a toast and thank them with my soul
could still go the other way from here though for example, the energy use around supporting bitcoin transactions is pretty shameful particularly for the younger generation of new investors. long term this and other factors such as low transactions per second is likely to affect bitcoin’s future utility and demand
"hodl" is so cringe, why cannot we just say "hold" - almost as if there is already a word for the "strategy" you've all come up with
i bought one btc at 62k months ago and had to sell at 39k (at a lost) bitcoin is a scam. bitcoin is rat poison square!
being at ath means it can only go down, correct?
next big sell off coming this weekend :) buckle up. i already sold everything and will buy the next dip
i got 5 dollars of free bitcoin in coinbase randomly? i already got the initial 5 dollars from signing up on coinbase months ago but they just gave me another 5 dollars today. idk why?? 😂 not complaining but still. weird.
following the longest chain. it is right and just!
is the new ath seriously ,999?! 😱
not cashed out to fiat, not your gains
can you unsticky this post please? seems cringe to me now
true bitcoiners don’t wear pants at ath.
no pants because we're mooning!
you can still afford pants?
so it is just another day?
i’m at work good thing this mask coveres my shit eating grin rn 😂😂
wait, you've been wearing pants this whole time?
i'm going out to drink beer and smash a femboy in celebration
you guys wear pants?
where were going we do not need pants.
this. this is the single worthwhile objective. waking up and saying "no, today is not a day for pants " and not a damn soul can do shit about it.
pants are for people that flex their fiat privilige, bitcoiners know the opportunity costs of keeping money invested in pants and thereby being short bitcoin few
pics or it did not happen!
so it’s a bones day and a no pants day
pants are always optional at aths.
wish i could join you but work wouldn't approve. the dca do not stop just because we've breached ath.
is this part of the deal?!?
don't make it so quick, just listen to my offer of 50 dollar bitcoin.
dicks out for har-ath
what took you so long...
if you’re the boner police, i’m going to need a lawyer!
need some money to buy pants? why you naked, go get some pants!
now i want to write a script to go through and work out how many aths i've seen
congrats! but your first one is typically your worst. they get better every time!
buy all you can
it is like a weird crypto christmas that arrives at uneven frequencies.
and this is why we crypto
wow, get ready for your first market cycle peak where it totally blows away your wildest expectation.
update that shit. i thiscovered they don’t cleanly update multiple version jumps and lost over 1btc. edit: i know recovery phrases are a thing, thanks. they defeat the purpose of having a hardware encrypted wallet. i’m just pointing out they are unreliable in ways you don’t expect when used for long term storage.
idiots dont need profits
were you in a recent boating trip? 😂
i hope you did not lose your trezor device 🤣😳
for the occasion i will be mooning too, from my balcony to all the btc haters out there
for sure. god damn i cant wait until the next halving
> that’s what i call ~~institutional~~ yolo money.
we are the new landed elite. but with no land and virtual tokens.
i will never not upvote this is gentlemen!
us ladies are also happy to celebrate.
always gentlemen but never gentle men.
this is magic gentlemen money
noooooo! too soon! dont jinx it!
i think i bought your
future citizen of citadel i see 🙈
dan flashes is where it is at
we got to pump it up
got to go listen to it right now.
why are you so bearish? we’re going to !
i love that guy!
you bought on the last ath, did not you?
as long as you learned your lesson and dca the next big crash you get a pass lil homie 🤗
i bought bitcoin for the first time at the previous ath a few months back. i held my position and accumulated more as it dropped immediately, and now i'm up 36%. now i'm just wishing i had bought more, but it was most definitely a bit scary entering a bitcoin position for the first time ever and immediately losing money while trying to convince myself to add to the position.
not only did i hodl through the dips, i bought as often as i could afford to. feels good.
feel like shit. i’m only in college and ran into some financial trouble and had to sell all the little bitcoin i was hodling . i cost averaged my way out of losses when we were at <40k. sold at a tiny profit but i could’ve really enjoyed this run. too bad bills came knocking.
people do not get that this is a paradigm change. they think it is like a stock. they'll figure it out too late.
well technically all dad's are mfers. lol.
[there go my nipples again!](
one might say they are jacked.
diamond nips, diamond grips!
just your nips? every part of my body that can get hard is now hard
at least they’ll shine the next time you go tits up
you can cut glass with those babies!
and i can help you to make them normal for a while if you want to.
could they cut glass?
i cannot imagine them until i will see them from my eyes here.
please stop, i can only get so erect!
tell em you took the advice, and bought the bullish bitcoin etf that is just gone public. lol.
dicks out for 67
dicks out for harambe
wish my cock did so swell.
just hold out a bit more. i’m sure a flash crash will come eventually
el salvador working or usd failing?
should i sell my dollars or hodl?
i did not get you to the point could you please elaborate me abit here?
there seems to be a typo.
thanks mate, but i want to know how much do you hold here?
jodie sweetin from full house says: "how roo'ed!"
watch the btc space closely for the next 4 weeks in particular. there will likely be a crash since we're at a new all time high (ath) and then you can buy again on the way down as it dips. this will give you a lower average than what your current purchase point is at. buy. watch. learn. buy more. have fun!
oh yeah i remember that. think people said it was a bubble back then
"what!?... that is impossible!!!"
"it is over nine... wait... what?!?"
all the "last chance to buy at 4 digits" calls. damn, was not even that long ago.
no one will care about 90k; they will wait for 100k.
just hold your excitement, you will need more in the future .
part of believing is not getting phased by price swings. this is the new emerging global monetary system. you’re in early. just keep reminding yourself that.
ath always gets the newcomers excited. don't buy too much today, btc was half this price only a month ago after a previous ath of about 64k.
if still in hs then it is cheaper to learn it now before you have to teach it to yourself in college years later. plus, more money for bitcoin!
the two essential rules of my entire life are here, and i have no where to go.
everybody's in the place!
only ever ath until the next one
i love to torment myself by remembering way back when i sold my 2 btc for like .
it will stop when governments stop printing even more fiat.
hopefully that dudes balls deep in hookers and blackjack.
there is no such thing as a dumb question. only dumb people.
yup just did the same. hodl!
i know right? this pump feels unusual
you're saying there is been 30% inflation since april?
but it is always exciting to see it pump 🤩🤩
you’re gonna lose out on a lot of gains. all the big names in the space see + by december. look up planb
no one knows. look at the charts and let us know what you find out
turns out quality comes at a price. no shit.
that’s fud. if people care that much about energy usage and the environment, look at china and india not following any of the green agreements
> the energy use around supporting bitcoin transactions is pretty shameful dude shut the fuck up
nah, game theory says otherwise. if there would be a more useful way of spending this energy, it would not be spend on mining.
did you invite someone or something?
here's the thing, you did not miss the boat, so do not be sad :)
it definitely crossed 67k on multiple exchanges.
lol. why would you invest in fiat?
atl hoe! edit: and no one will “interesting-teach239” you to make 10k a week through dm.
makes sense. atl is when i start interviewing.
i genuinely laughed so enjoy your free silver award
pants are half off!!
i cannot afford pants i put it all in bitcoin.
no pants are big enough for those balls
can't fap to the ath with your pants on
sunning my taint as we speak.
i haven’t worn any since the last ath
i'm going to put on my ath fishnet pantyhose.
rock out with your cock out, jam out with your clam out!!
my neighborhood does not look so happy...
kind of depends how you define ath, because every fraction of a cent it goes up is a new ath.
(current price) - (original purchase price) there ya go.
keys are secure 🔐
wait what? don't you have a passphrase that can recover even if the hardware wallet is lost?
your recovery phrase should fix that?
the purpose of a hardware wallet is to securely sign transactions not to store your seed phrase.
when does this happen and why is it so critical?
virtual land > rl land
no land and magic beans
congrats to you as well. this is ladies.
it’s gonna crash so hard when it reaches ,420
we did it bois 😘😘
pump it up until you can feel it
i find the music video to be the best thing about that song. danzel gives off a very mid life crisis, middle aged divorced man vibe.
sir 2000k is 2m. 🤪
hell yea i fucking did. then doubled down on the dip. people laughed bro but i’m keeping silent
all this gain so quickly means a crash is coming. get ready to stock up in a month when people panic sell and it drops to 40k
it does not matter how much you buy... you always wish you bought more.
pretty much the same boat. didn't have any spare in the 30's but averaged down to low 50's.
me too. feels so good!
risky click of the day
god that voice actor was pure talent
sell them for btc
give your dollars to people you owe money to.
you are correct. keep hodling guys😀
thanks so much for the advice. really appreciate it! 😊
i remember people saying we would never see the 300 memes again. now i think we will probably see the 300k memes. madness.
then it got 20k, then it hit 4k…
lol, i spent 5 btc on 5g of golden teachers and 8 tabs of mdma. life changing trips, both of them, sold some of the tabs to friends. would go back and buy less drugs, keep more btc, but you live, you learn. i'm about to make a nice profit off selling my house and buy back into btc. so, it will be ok.
so it would not stop?
i’m planning on holding for years. i think this is just the beginning. i was more thinking of taking profits to buy more in the near term seemed like an option. i’m trying to gradually accumulate to 1 btc
yes very unusual for bitcoin, not at all similar to the growth or crash we keep having at this volume
i do not mean it for everyone literally, but it does depend on what you are purchasing. i am rebuilding my house, so 30% is my personal approximate inflation since april.
agree on that ;)
yeah i know i know i’m doing well out of it too, but have regrets
~~read~~ leave the room
yeah ok, but it’s not a great use of computer resources and the vast amounts of electrical energy needed to power it - there has to be a better way ‘nuff said
no! it was the weirdest thing idk what happened
because we know for a fact that after the end of the bull run it is gonna crash 50-75%. it's a historic trend. cash out before then and get back in when it hits rock bottom and you just doubled or tripled your sats.
he who controls the pants controls the galaxy!
my life savings are 100% invested in shiba inu
i bought jnco’s to celebrate ath, my balls are big enough.
astronauts do not wear pants! makes it to hard to pee in those space suits
yeah i did think this, kinda like measuring a coastline. there's a few ways you could do it, comparing daily highs or rolling 24h
apparently you are too clever for this sub :)
that will give you how much you have gained not how many times
how does this give me the ath when it was 8k? you didn’t think this through did you bro
very droll i meant times (or realistically days on which) a new ath was achieved
people do not get this.
roughly every 3 to 4 years. critical because each time it marks a significant decrease in the total supply of btc. demand of btc continues to rise while the supply continues to diminish. when there is less of something while the number of ppl wanting it increases, the value grows.
sometimes you do not think it be like it is, but it do.
i've got my buy order in there, just because.
i cannot see a flaw with this logic.
nice job holding 👍
fuck yeah me too, bought in the mid 50's just before the ath and dca'd down to like 44k average. nothing crazy but i'm pretty stoked about it.
silence is best. just let them keep laughing... i would say you could laugh all the way to the bank, but with bitcoin, you are the bank.
exactly what i did and am doing! i buy low and hodl!
40k is coming but not before 150k. just hoping i take some profit this time around 😤
might happen this weekene
yupppppppp. they'll plan their exit, i'll plan my future vacations and more.
truer words never spoken.
captain hazel "hank" murphy (aka harry goz), may he rest in peace.
diamonds are brittle. they shatter under pressure.
it'd be pretty nice if btc could break 69420.
i’m cashing out some and doing that exactly. not to people but to banks
or don’t. hyperinflation will turn that money you owe to 0 eventually
that's not what op was suggesting. they were suggesting that fiat is the long term desired medium, but why desire something that inflates while you're trying to spend it over time? also, you do not know anything for "fact", it may crash 50% only after it first gaining 200%... you still lose.
buy short pants? sell pant puts?
no, you hit an ath, and then btc crashes and then you think i should have sold it for 2-3 months, then it soars back up to hit a new ath. rinse and repeat. that's how you define an ath.
yeah, the coastline paradox was actually the thing that came to mind. i also think it is misleading to only count all-time highs that go into retracement.
that would only give you how much you've gained if you bought exactly 1 bitcoin. it would also give you how many aths you've hit. every new dollar is an all time high until it is not.
thanks for responding. very insightful
the golden ratio! the flower of life! wow, so cool! really makes me think! spaghetti. oh wow! true. the truth is spaghetti.
nice man i’m proud
reminds me of that neo matrix meme
oh i doubt it’ll make it to 150, not on this run. my moneys on a push to 80 or 90, then major crypto crash
honestly, it could. it’s definitely coming within the month.
sounds like someone's mad they did not buy the dip
when that time comes do you really want to owe people money? remember if money goes to 0 so does the paid civil servant force who in theory could protect you
ok there’s not a better way it is what it is
shorts not covering long
doesn’t matter! just get an order out!!
underwear are basically just shorts. save your money and don’t buy extra unnecessary clothes.
who wears short shorts?
right. count the transitions from non-ath to ath
no it’s not. what about cents? fraction of a cent? there’s only ever one all time high. local highs are different though, we are currently at an all time high which is also a local high, there was another local high back in april, another one back in dec 2017, another one back in dec 2013.
i might sell, just not now...or for a great many years.
only time will tell soldier. good luck 🤞
i think it will. indicators are there
i was thinking more like student loans or something, not so much money to the kind of person who would be willing to seek you out and attack you for not repaying your debt, lmao
local high? isn't that like super dependant on the time frame you look at?
a legendary one, must say.
i think i'd only sell ever if i need it for something big (for example a house) or due to an emergency.
good luck. see you in 2025 at 500k
that's what i do. if there is something pressing, i'll use it. otherwise, just sit and watch it grow. a lot of people are opposed to ever using it, and though it would be nice to still have some of the old coin i spent, i still think spending (a little every now and then) it is good for the bitcoin ecosystem
pro-bitcoiner running against him: [ give her likes and follows
good 4 u... vote the suckers out!
>"sherman is next up for reelection in 2022 and serves until jan 3, 2023"
vote his sorry ass out
this outlines where his donations come from... if you're interested [
pro crypto here and i live in northern cali... i can def spread the word here
live in cali, don’t have btc, i’ll vote him out!
whoever that wants to shut down crypto, does that for his.
comiefornia has voting fraud. nancy pelosi has been re-elected 16 times and she is worth over
oh he’s from ca? i’ll take the day off to go vote against him
stick together people! spread the word and take him down.
this will be the next big issue at the midterms… fuck the political party affiliations… do you support crypto? yes or no!!!
there are rats on both sides. all politicians give in to special interest money at some point, and ultimitely end up hurting the people they have been elected to serve. 1) demand term limits! 4 years maximum in the house and senate. one election every 4 years, including potus 2) eliminate all special interests-no more corporate money to politicians 3) add digital id's for all voters if you want free 4) remove all rules that allow politicians to lie 5) kill the lifetime benefits for all politicians and have them live by the same bills they vote in 6) end the fed! we are all slaves... 7) death as a consequence for those trying to kill our constitution and our freedoms you want real change? that is a good start to what it will take.
the voting system is corrupted how could nancy pelosi be elected 16 times the same with diane stink-stain feinstein maxine waters with the big rubber lips they will have to go california is going to look like the sewer of humanity in a couple of weeks just wait and see the stores are closing early because of extreme theft.
this guy is literally the enemy of the people.
here is the guys email. drop him a message and let him know why his opinion is wrong. upvote to get this to the top. brad.sherman.house.gov
brad sherman is an implanted corrupt swamp rat that needs to be thrown out of congress! it is people like him that have destroyed this country. his banker pals (and a lot more) have lined his pockets since he first ran for office. oh, if your wondering why a lawyer would choose politics over a legal career? it’s because he sucked as a lawyer and can’t make it in the free market! vote him out! bitcoin🚀🚀🚀
is there a resource on all politicians that are pro btc? would heavily influence my decision depending on the rest of their policies.
he’s not in my thistrict- otherwise i’m wit ya
that a hole politician was tapping his foot under my stall in the airport bathroom trying to find a random glory hole.
it's so stupid legalizing donations to politicians from organizations that will benefit from that politicians orientations. it's called bribes everywhere in the world except in the us i think
i am donating ,000 to aarika so that the asshole brad sherman can be replaced
good luck. i guess we know who are the dominion machines voting for.
hahah you still believe voting matters!
oh here we go again. people thinking you can change things by voting. voting is the reason for literally most immoral situations
isn't meet kevin running for governor?
get 'em outta here!!
support a primary challenger and then vote for them in the general!
you could also move your money from big banks to crypto. they do work for us but it takes some coordination to get their attention.
is he a demonrat or a republitard?
a crooked politician... never would have thought.
i’m not invested in bitcoin yet. but i follow you guys to stay up to date. more to the point, californian reporting in.
time to move the money supply out of the rothschild's hands and back to the people!
doesmt matter who you vote for the cards are stacked stupid
which politician does not get their biggest donations from banks? bitcoin intends to kick them all out by starving them of funds. no political (and therefore inherently and implicitly violent) action necessary. tools and technology can increase freedom. government cannot because its mere existence is predicated on their presumption to control anything they want and without limit (all they need is to create or claim an "emergency", and all semblance of law and rights, which were weak, counterproductive, and just plain lies to begin with, go out the window). throw the ring in the fire frodo.
let’s see some proof. everyone be careful - it is a common tactic to use fud to generate fake grassroots support for alternate candidates. this is very common on the right. make sure you do your own due diligence.
your vote doesn’t count in california... it’s a one party state
i would hate to see a republican get that seat, but if he continues to live in the past and kowtow to the central banks. then he is no more a progressive then ronnie regan. good riddance to old trash.
is it a recent news?
elected officials do not want voters to get rich too 🤑
a politician who does the bidding of their donors instead of their constituents…. shocked!
we should do this for all the politicians who do not represent our interests.
my backyard! i’m on it.
why would anyone vote for him if he only represents large banks and institutions with no interests regarding voters and reg people.
short the banks! long bitcoin!
go guys, out with the crypto naysayers!!
big banks love crypto. he is actually good for crypto
i was going to say get organized. but then decided that reddit is about as organized you can get without being seen as manipulating.
corruption at its finest
so weird seeing my old congressman show up on here. used to live in his thistrict. weird shit. wish i could vote him out
yep. remind us before election because this sub doesn’t like remind not.
haha. he thinks he has the power to shut down crypto. good luck with that dude.
let’s start spreading the word.
clean out that fucking scum
well someone has to represent those big bank lobbyists!! they need that money working for them after all.
not californian, but upvoting for visibility.
vote him out! lock him up, he didnt pay taxes on his capitol gains from the big banks!
if he is able to 'shut down' crypto, these would be the last problem for all of us. i'm not saying "go ahead and vote for him", but c'mon...
what a naive approach, you’ll vote for anyone else? i’m sure i’m just taking that too literal, but all these people do is talk and say what gets them in
californians don’t know how to vote so i doubt he’ll be voted out.
it's next year, right? gotta get my californian citizenship now.
it’s weird i think he said people shouldn’t invest in bitcoin they should invest in “american businesses” but he didn’t mention if he’s ok with people investing in gold. seems like a double standard
how is this even legal. how is this not a bribe? no matter the situation, a congressman should not be allowed to be given money.
wow a liberal trying to suppress human wealth. shocking
i’m from russia but i too will vote against him.
the number of people (including op) who are saying or implying that simply because they vote in california they can vote against this person is troubling. i think we need to invest in civics education before anything else.
> sherman has cosponsored 9 bills introduced in the current congress by republican legislators who fomented the terrorist attack on the capitol on january 6, 2021 by calling for entire states to be thisenfranchised in the 2020 presidential election. i’m having trouble parsing the above quite from govtrack. sherman, democrat, cosponsered bills that were introduced by the anti-democratic republicans? sherman, democrat, is calling for states to be thisenfranchised? am i reading that correctly?
vote the dinosaur out of office. hodl
brad sherman is a madafaka
the usa is a group of 50 countries banded together and i do not think any state would give up its representation to please a larger state
so he is the bad guy b'cs he takes donations from banks and you the good guy who do not want to work hard but want to be rich will do anything to kill somebody's career.
this is chilthish to say the least. it is no better than other crazy one issue voters who supported trump because he was anti-abortion but just looked past so many other horrible things. while sherman is not a supporter of bitcoin, he consistently votes for other democratic priorities. there is very little to no chance that he will lose.
elections do not matter when you cheat
lets start a trend to expose all these rats. all digital social media platforms
please repost this regularly or find a way to keep this info around. good work!!
he did a good job at the gamestop congressional hearing
reading up on her platform. sounds interesting but where does she speak to her position on bitcoin?
rhoades would be perfect 😁
she needs to set up accepting crypto asap bc sherman is gonna have massive dem centrist support and big dollars behind him, if needed.
donate i'm doing my part
she has a ton of phonebanking events coming up
donation are sent to her now
might be worth checking out her policies and not being a one issue voter.
and we have a winner
i think for this it is helpful to include the thistrict they are in as well.
he has a legitimate point, and one that i've been concerned about for a long time, as an american. that being said, it does not justify wanting to ban cryptocurrency. to quote him: > an awful lot of our international power stems from the fact that the dollar is the standard unit of international finance and transactions [...] it is the announced purpose of the supporters of cryptocurrencies to take that power away from us. he's not wrong. there is a fundamental state-control-over-currency hostility built into the very idea of cryptocurrency. the constant calls to "end fiat" in this sub are also calls to end the dominance of the us over international monetary policy. is that a good thing? maybe. probably. but as an american, it is a hard thing to give up on without acknowledging the risks...
when you're saving, you have freedom to think about other things.
he did a good job at the gamestop congressional hearing. asked the best questions and did not put up with bs from kenny. i am skeptical of this piece
ehhh let’s not get crazy
trump lost by a narrow margin. arguably, that margin was comprised of crypto enthusiasts that didn’t like his comments on the matter.
party still matters. if my two choices are between "let us make bitcoin illegal" and "let us keep minorities from voting, gerrymander the state to shit, and raise taxes on the middle class while bailing out billionaires", i'm not going to turn my nose up at a little bitcoin criticism. bitcoin is anti-fragile. democracy is not.
that sentence does not even make sense, much like your criticism on dominion. seems you have not received a c&d yet.
don’t mix up your conspiracy crap with real news
hey i’m trying to get directions to the us capitol. do you mind helping me out?
yeah, but rep brad sherman is not the governor of california, so we'll need to vote him out of that. i'm def voting for kevin for governer if chamath is really out of the race though, if not then i would've voted for chamat for more experience
the transition that really threatens banks is from credit cards to crypto. they've gotten very used to being able to charge a fee on top of nearly every financial transaction that happens. changing that dynamic will be a heavy hit. savings and checking accounts are nearly meaningless by comparison.
i use that exact term for democrats as well.
plenty. * the ones pushing the most oil legislation get their biggest donation from oil companies. * the ones that work most on pharma protections get their biggest donations from the pharma industry. * the ones that support and write the most tech-protecting legislation get their biggest donations from big tech, etc. the answer is a google away. i would not link them in fear of the auto-mod removing the comment with google links to all these results. butt hence why you see brad attacking bitcoin. our politicians are just puppets playing to whatever sector pays them the most to write and support laws in their favor. the good news is we can replace him and those like him with politicians who support crypto, who without a doubt will eventually get their biggest donations from the crypto industry as thanks for supporting and continuing to support the space. much better than some piece of shit like brad, who takes money from banks that rob us all blind, and do not give us a fair share of the profits they make when they invest our money that we deposit into their banks for safekeeping. allowing them to make a killing off of investing our savings while giving us a shit .0000002% or whatever minuscule rediculous return your bank gives you that is way below the rate of inflation, and way below the returns they made on your money with the places they invested it in.
you sound stoppable as fuck.
and yet you do not see the number 1 comment is to support a democratic candidate to primary him with? but sure, this is a right-wing conspiracy post.
hold up, you are in r?
you should go be a bank teller.
where do you get he doesn’t work hard? cuz he wants crypto to succeed? this is representative democracy at its best. sherman has to take a position, we the people who like or don’t like his position vote him in.
no thanks, i'll be voting for his primary candidate instead, she aligns more with my values than giga brad sherman:
he did a shit job on bitcoin though. i care more about that than some meme stocks. the unbanked around the world cannot protect themselves by buying gme, but they can protect themselves by buying satoshis on the lightning network.
here's a tweet where she shows her interest in bitcoin and her progress on studying it:
she also tweeted: “i do not support the ban on bitcoin, & believe people should be able to invest their money in whatever way they see fit. i am pro financial literacy taught in high school & people being aware of the environmental impact.”
there is a fundamental state-control-over-currency hostility built into the very idea of cryptocurrency
she probably does but they are all blocking her because she is the inventor so they are got a hold on her somehow so she cannot get the information out and and she is getting robbed
i think accepting cryptocurrency as a political candidate would be complicated as you have to record who donated what
checking out her policies makes me want to donate
in theory it’s a positive thing for the rest of the world. usd as the international standard provides no unique value that alternatives can’t. would’ve been a good thing for the fed and co to consider before abusing this position so transparently.
is to transform the american financial sector service citizens and not the citizens serving wall street.
there is a high price to pay for the dollar dominance: endless wars. fiat money is accepted only, because people are forced to use it. if you are for the dominance of fiat, you have to maintain and expand a giant war machine and use it from time to time. that is the prerequisite you cannot avoid.
that makes fiat “us currency” centralized and controlled by the feds and elites. but cryptocurrency is the opposite “that makes them hard to control” he made be right about the fundamental state-control-over-currency hostility built into the idea of cryptocurrency” on the other hand, the call to end fiat “is not going to happen now, but looking at the evolution of currency, fiat will go away, and crypto will take over” in time to come”
other than your money being fondled with.
can you name a bigger one? freedom is either 100% or it’s not freedom. if they keep holding reigns on our finances they have control. financial freedom for everyone from big banks or we all sink with the mass produced dollar by our government? if you want to make it about abortion and gun control, then go follow the media and their agenda. our agenda and future is here, crypto yes or crypto no.
party does not matter dude. they all serve major corporations siphoning money from the bottom 80 percent. they got you right where they want you.
minorities can’t vote? that’s funny, i’m a minority and an american citizen and i voted just fine.
this is the side i do not like about crypto. supporters are more naturally right leaning, libertarians, anti-government type of people which is not my cup of tea. fortunately, crypto is for everyone and i do not have to agree with them to be a part of it.
>let us keep minorities from voting, gerrymander the state to shit, and raise taxes on the middle class while bailing out billionaires gerrymander the state to shit? raising taxes? given that we're talking about ca, i legit cannot tell which party you're making broad, teenager comments about.
i will not vote for republican and i will not vote for someone that is anti crypto. if those are my only choices i will write someone else in and look to find a better candidate for the future.
yes, follow the smell of them black clad fbi informants and viking shamans. pack appropriately for prison.
it is well documented that the right runs fake democratic candidates. i haven’t looked into any of these candidates. just saying to get the proof before you believe any of this. i don’t know why that stance would be down voted.
i work in banking, it is call making a honest living not like you too lazy and hope money falls on your laps
i'm 100% sure the majority ppl here have not read a single paragraph of bitcoin's white paper but they all want to make money in bitcoin. maybe only you might consider that is working hard.
why did you say “no thanks” when i didn’t ask you to do anything? you are welcome to vote for who you wish
well that’s not a lot, but it’s better than sherman. i don’t see any stance on bitcoin on her official platform though
... and how do you stop foreign contributions? yeah, bad idea.
other politicians accept crypto. there are companies that facilitate this.
congratulations, you are now an informed supporter.
a reserve currency is a positive thing for any state, because they are monetary sovereign and can expand their power more easily through funding of military power. when china becomes a world ruling military power the yuan will be used as the world reserve currency and not the dollar.
changing the underlying currency would not change that situation. i really hope you are not putting your hopes in a change of underlying currency dynamics changing the way that society is stratified. we're in a frontier market right now with crypto, and that is exciting and liberating, but frontiers always get rolled back in to the larger social structure. the only exception to that is due to war (e.g. when you keep getting bombed back into the stone age, you never exit frontier mode) or colonization (e.g. if a larger social structure prevents you from establishing a baseline social structure). outside of those two forces, frontiers establish their own hierarchies and fold themselves back in to the existing norms. you'll have some "new money" inserting themselves into the upper classes and you'll see a few established names fall out of favor. but in the end it will reach equilibrium and everything will be the same as it was.
> there is a high price to pay for the dollar dominance to be sure. the economic impact that it has had on the third world (along with resource exploitation) is severe, for example. > endless wars plenty of countries that do not have the world's currency standard, have financed ongoing wars. the us has plenty of natural resources to turn into cash to fund wars with, regardless of the currency situation, sadly.
you named gun control and abortion, but i'd say the biggest issue is voter suppression, gerrymandering, and the senate being basically gerrymandered as well. too many tiny states with a couple thousand of people getting as many senatorial voted as 40 million californians. you're too far in the weeds if you think this is bigger than our democracy being under assault. or you're one of the people assaulting it.
freedom is never 100% free. literally everything is regulated. "free" speech is regulated.
i agree, but one party does not serve with the ferocity and hatred as the other party.
were you forced to vote in person in a booth far from your home, in a long line with no water for hours? if you answered no, and you live in a majorly-nonwhite populated area, republicans are actively trying to change that today.
i think the self regulating aspect speaks for itself, and appeals to the libertarian types. as a person who was raised by libertarians and who is not one, i’ll defend a point on their behalf. libertarians definitely have light anarchists in their midst, and the dummies in the group advocate for virtually no government beyond a court system. every party has their loud extremists. republicans have alt right christians, democrats have anti-constitutional socialists. however, we do not have to tie ourselves to parties to make informed decisions. sadly every politician will not fulfill all our wishes. rather, we should vote with a linear system of our own ethical beliefs on how government should run, and choose those with similar beliefs. we get so caught up on single issues that appeal to special interests we ignore ethical decision making basis. if a republican is running that doesn’t advocate for alt right special interests, they would be preferable to the aforementioned democrat who we know has an ethical basis on protecting big banks over the little guy (staunchly opposed to the basis of proclaimed democrat beliefs.) but much like bitcoin, parties won’t change unless enough start voting outside those parties. no one will do that for fear of losing. parties were all new at some point. it takes real advocacy and effort to shift again. expect more from your politicians and don’t vote on party lines basis without reviewing their probability of ethically aligning with your system of beliefs.
>right leaning, libertarians, anti-government type of peopl that's the ironic thing about this voting block, they do not understand republicans are staunchly huge-government.
only until the day when forces of wall street are not stacked against the normal folks. realize real estate price has increased so much for the past 18 months, only unaffordable for the normal folks.
doesn't surprise me, republicans have gotten good with propaganda lol
"don't let perfect be the enemy of good"
sorry, i do not speak retard. shouldn't you be voting for somebody that works against your success (since you're lower class)?
so you have not read anything about her, yet are perfectly ok spreading fud on her to support this pos. sure thing hoss, we'll all just listen to you and your infinite wisdom that has done no due diligence.
i don’t hope for it, i get my money. try doing two combat tours before you talk to me about hard working. probably wear a cheap men’s warehouse or department store suit and take orders in a dying business called the banking industry with air conditioner all day.
because the way you wrote your comment implies that we should not vote against him. so no thanks, i'll be voting against him, thanks
agreed. the good news is she looks enthusiastic about it for now. hopefully, with more time and studying, she will be able to propose ideas to better help bitcoin in the future. either way, as long as she does not get in its way and spread fud on behalf of bank doners then she is a much better representative for me than banking giga brad sherman.
cannot wait for a system of government that does not depend on the personal views of a handful of candidates and which allows us to put our weight behind every issue we care about. we sure have the information technologies, including blockchains to do this. these systemic government changes im afraid will only happen (sadly) after the next big historical violent revolution (the next "french" revolution if you will, most likely triggered by unsustainable inequality)
the more bitcoiners follower and support her, she will be incentivized to learn more about it.
ehhh she is reading the bitcoin standard, that is like the biggest red pill you can swallow
easy, put up a thisclaimer: any donations that do not get identifying info in say 48 hours go to some charity
“positive thing for any state” thanks for the eli5. are you american?
that’s the point of the senate. equal representation.
it’s a republic not a democracy. so many get that confused. the point of the electoral college is to make sure that states like new york, texas and california do not get to make decisions for the whole nation.
the usps patented a block chain solution that would fix a lot of this.
laws that criminalize fraud are regulation of free speech.
you can see where lesser of evils has gotten us. more divided and poorer.
minority here in texas. i voted about 2 blocks from my house in a few minutes.
actually no, i wasn’t allowed to vote in a booth. i was turned away, i had to use a paper ballot and mail it in. i am from nyc, although i no longer live there, i try to keep with reality and what the media presents. multiple residents of harlem were asked if they knew where they could register to vote, and if it was easily accessible. guess what??? they all responded yes and yes. hmmmm, that media agenda doesn’t work out too well when it gets put out on the streets for a litmus test.
>were you forced to vote in person in a booth far from your home literally an ok proposition.
>if a republican is running that doesn’t advocate for alt right special interests, they would be preferable to the aforementioned democrat who we know has an ethical basis on protecting big banks over the little guy this would be a horrible situation to be in. i did once vote for a republican because they aligned more with my interests at the time their their actual opponent. to say it was a major thisaster would be an understatement. people literally died because this person was elected. if i get put in a similar situation again (republican vs bank loving democrat) i will write in another candidate and then work on getting a better choice next time.
trillions on military spending and corporate welfare has no effect on them.
i didn’t spread fud. i said make sure to see evidence. you are the only one that said anything negative about either candidate. your reaction makes me even more suspicious. you sound exactly like a republican schill.
no, read it again. i said it was stupid to base your vote on a single issue which is what you posted. sherman has a very proven track record of aligning with the interests of his constituents. good luck.
exactly. how come we do not get to vote on every issue when the tech clearly allows it? why stick to the corrupt old roman model? senate, corrupt senators etc all modeled after rome. and rome was filthy and corrupt, thus it fell hard. how come we have no say in what the fed does with monetary policy? they are a bunch of gaslighters (watch the movie, research the term) quit playing their game, ghost them, buy bitcoin. shift the goalposts. now measure wealth in bitcoin not in cuckbucks. whole bitcoiner = 1 10 coiner = 1.8 million 20 coiner = 1.9 million etc
positive for the power of a state, but negative for the people who have to pay the price for it. i am a citizen of the earth.
why should a few thousand people have "equal representation" to millions? a lot of those states were just added to stack the gops numbers.
> it’s a republic not a democracy. it's both a republic and a democracy. they are not mutually exclusive. and even acknowledging that it is a republic, the system is so screwed up and the representation is far from fair. i know the intention of the senate is to make all states equal in that chamber, and i accept that. but the house effectively functions that way too because of gerrymandering and the cap in the amount of members. one party needs to get over 55% of the votes just to get the majority. that (plus the senate) all apply to electoral college votes too. you cannot deny that the republican party has structural advantages at every level of the government.
ok. so the presidency (through the ec), the senate and the house are all weighted to make the votes of rural voters matter more than the votes of urban voters. cool.
> it’s a republic not a democracy. tell me what this means and what it is implications are.
that is factually incorrect and is not the basis of the electoral college. the ec is effectively a hangover system from the original design of congress electing president. it's *not* about "we want to be sure big states do not outvote small states", and frankly never was. incidentally, this would be a stupid argument for ec as it means being in a smaller state means your vote holds more weight.
actually, our system now is the result of half of all people abstaining from voting entirely to avoid voting for the lesser evil. if people were willing to vote for the lesser evil, they would quickly regain control of the system.
fellow houstonian. so many minorities here vote republican and the liberals fail the acknowledge it. to them every republican is racist. when you mention you're a minority they say you're not the correct kind. reddit liberals are insane.
i'm happy for you! it's too bad republicans are actively trying to change that for future elections.
so again, republicans are actively trying to eliminate mail in voting.
wow, openly admitting minorities should have a harder time voting? bold move lol
i think your bias on a party has you assuming any party does not deal in death. if you’re truly anti war, green party and libertarians are the most interested in defunding global combat roles, opening borders, and reducing police force through a reduction in morality laws. however, policy was not what i advocate people derive their entire choices. it is the persons very fabric of ethics that will tell you what they will truly support. if you cannot grasp who they are and how they will be influenced, then you have no idea how hey will really vote. all politicians lie, few violate their core character. a banker backed politician is more interested in lining his pockets, but is he also completely supportive of bodily autonomy, human rights, and a reduction in coercion of all kinds? then i would say he’d be a better choice. overall, if i were to run in politics, while i am an independent voter, i would run as a republican, because i would find the most support from them for my views. even though i thisagree with the party, i know i would most affect change with their support, and it would be easier to appeal to their core beliefs than to advocate hybrid policies that support many democrats voter beliefs.
i am his constituents as well as plenty of other crypto entrepreneurs in the sfv who are now aware of his stance on this space that we believe to be the most important innovation for financial inclusion for all into being able to save into a hard money asset with a finite, yet infinitely divisible supply, allowing anyone no matter how little they make to participate with the lightning networks system. he might have had a chance to stay in if he had not exposed his hand. we'll be putting our resources with the businesses we have bought out in town over the last decade against him now. good luck keeping your boss brad in.
i'm actually working on a novel where a small asian country does this. they abolish their representative system and people vote directly on all measures using their smartphones. (the book takes place in 2030.) it brings great advances to their society (albeit with some hiccups) but they become a target of other world powers that want to see the experiment fail.
a pure democracy would be pure garbage. you see how volatile crypto is? imagine if laws and government programs were that volatile
it's because the united states of america, as an institution, has decided that "the state" is an important unit in its own right and that the state's value is independent of the people that live within its borders. this has been codified into the dna of america. some people thisagree with that notion. but i do not think that there is realistically a lot that can be done about it.
to stack gop numbers? the founding fathers wanted everyone to have equal representation. it’s always been that way. the house is by population and the senate is equal. how does that stack anything. it’s perfectly balanced. plus people can vote differently to get better representation.
democracy is overrated, have a chat with the average voter and tell me they have any clue whats going on. a republic is nice because there are checks and balances, people living in very different areas can partake in government and enjoy equal representation throughout the 50 states. states also can govern to their own individual needs. i direct democracy would be a nightmare, people would vote for the stupidest of reasons and not important values.
u. he's probably 15 and parroting what he read on stormfront or parler
no , matter equally, one state should not decide who’s president
kind of. the founding fathers saw what was happening in france - parisian voters make a decision that is in the best interests of paris (often war-related), and the countryside bleeds. the flipside to your comment is that working the land in a rural setting would penalize your vote if we did not have an ec, and would thissuade new farmers.
nah, not as long as lobbying is exists
paper ballots are for overseas people and the handicapped, not the lazy. show up and vote in person. if you are thirsty, bring water.
>minorities should have a harder time voting >voting in person in a booth far from home why would minorities have a harder time?
lol you sound incredibly immature. sherman has been consistently against bitcoin from the start. it isn’t a secret.
this sounds very interesting! looking forward to reading it.
just look at history, it is our proof of what will happen in the future if the same thing happens. in schools we need to re-introduce thinking on your own. everyone in america should be an independent, no democrats or republicans. the leaders of those parties are bought by big money and make decisions on what is good for them rather than what is good for the american people.
bro we can just imagine but i do not think we'll see this happening...volatility of govs
nonsense. there can be review periods. for instance laws come up for review every 5,10,15 or 20 years. by your argument dictatorship and autocracy is good. nonsense. look at the cruel chinese regime and its desparate wu mao army (online propaganda arm).
blockchain is the way. it would be democracy backed by evidently clear and concise reformed education system based on facts, and the lack of censorship. if you let people naturally reach the truth the misinformed, confused, even stupid will follow suit, the truth eventually wins it just takes them time. the problem isn’t just misinformation it’s misdirection and coercion. it’s playing games with people to keep control of the system. with blockchain and no censorship we all will see for ourselves just how corrupt the narrative has been the last 100 years. we decide where our taxes go, we decide if we want this much of our taxes to go to universal healthcare. we decide that we no longer will allow any lobbying within congressional, judicial borders. no more slap on the wrist because you own a billion dollar company same charges and imprisonment as the regular joe that makes nothing.
make the senate proportional. 100 total senators and each state gets 1, the remaining 50 are allocated based on population. and no its not just the house then, because they are still representing the entire state and not just 1 thistrict and there are certain things the senate does that the house does not and vice versa.
they added states like the dakotas, montana, etc to keep their majority. many of those states could have just been one state. no one lives there. here, learn something for a change.
there could be a group of randomly selected people approving or rejecting laws and projects proposed by technocrats. the people can have access to a lot of a diverse group of assessors to understand the projects. that would remove the current mafia made by politicians that are mostly rich, with connections to different sectors, and that have been in politics for ages. the politicians you see today are more dangerous than the average person. an average person does not know but can learn. a politician does not know as much as you think, is biased, and can only say and do what you want to hear or he will be voted out power.
not too many 15 year old electricians out there. lol. my first crypto will always be bitcoin. i do invest in other places for diversification purposes. oh wait, are you a maxi??? sorry didn’t mean to offend you with a post that supports the growth of bitcoin. great research, any other thisplays of your intelligence you want to share with the group?
what kind of minority are you? irish? lollllll
republicans today are working to shut down polling locations in minority neighborhoods in texas
gate keeping mail-in voting? tell that to the population of wa state. i love mail-in voting and i do not identify with any of those categories. if mail-in voting promotes voting rates, how is this a bad thing?
because as i mentioned, republicans are only doing this to minorities. and you love it? weirdo.
this is pretty much the same everywhere now, i think. politicians are less trustworthy than used car salesmen.
that is not "by my argument" at all. that's called a strawman. propaganda would be massively effective in a pure democracy.
okay how do you do that?
i'm not american and do not want to be one. the country is called united states of america every other state on earth is a country of itself and may have provinces or thistricts. for example canada is a state with 10 provinces and 3 territories so basically the usa is a group of 50 countries banded together and i do not think any state would give up its representation to please a larger state most of the constitution goes back before there was a republican and democratic political parties so doubtful the original writers wrote the constitution to help the republicans party and the us is a democracy a democratic republic. not a fan of americans but the us constitution is one of the best things written by anyone or any country its not perfect but it is good that said is pretty sad that selfish assholes use the constitution so they can walk around with uzis or some other effed up thing
which all required due process and congressional approval. i’m not seeing your point. but you can educate yourself. would you rather they be appointed?
“learn something” proceeds to quote dubious lefty propaganda mouthpiece that was at the forefront of peddling wmd lies to get us into a thisastrous war. smh
it's basically corporate bribery.
egyptian. you are so racist
too much potential for fraud. if you vote in person with state id, your vote only counts once. mail in votes can be intercepted, tampered with, sent to wrong addresses, or worse sent to multiple addresses. several of my friends received ballots at their parents’ houses even though moved out years ago. pretty crazy what happens when you go down that road. i doubt there was much voter suppression last election though. more people voted in it than the first time obama won. and it wasn’t by natural population growth, it was by a substantially larger number. the population didn’t grow that much between 2012 and 2020.
why the whole population of the state? let’s go straight to seattle… yeah, mail in voting works great. keep that mayor in power, they do an awesome job. rent control while real estate prices skyrocket, great policy. i’ll assume you understand economics and that you are aware that restricting supply causes prices to rise. landlords won’t take advantage of that at every turn. worked great in nyc and every other city, let’s give it a go in seattle. antifa taking over sections of the city while looting. what an example of leadership? do you want to live in those conditions? i sure don’t. who in their right mind would vote for a mayor that fails constantly? mail-in voters apparently. hey, if mail in voting works for them, clearly it hasn’t, keep doing it. it’s a free country, for now. btw, this literally has nothing with the original post, yet as usual, political whiners want to make it about them, so this will be my last response to you. let’s hope the new candidates in this thread will take care of bitcoin investors. good luck to you in your crypto investing going forward, and i sincerely mean that.
doing what? havent people of all colors had to drive or take a horse & buggy to their polling place? wasn't the entire point of election day being on a tuesday so that it accounted for monday being a travel day back in the horse & buggy era? >republicans are only doing this to minorities. and you love it? seriously? doing what? elaborate using your own words - no hyperlinks (you'll just do that as deflection). explain like an adult using your own train of thought.
lol i agree 100%!
not really. if the populace is educated and speech is free then propaganda would be powerless. critical thinking needs to be reintroduced in schools. heck look at the progress we made by separating the church and state? don't believe me, go have a look at afghanistan, pakistan and other such failed states. the time for the separation of money and state is now. the time for a more advanced and transparent system of government is now!
can't happen any time soon, but the only way to do it would be for progressives to completely take over the democratic party and once they have a majority push it through, because no republican is ever gonna give up their power.
the us is nothing like a group of 50 countries banded together, and you know nothing about us if you actually think that. obviously it was not written to support republicans, but when it only takes 13% of the population to hold a majority, there is a problem. edit: meant to say it wasn't written to support republicans, oops
>the seventeenth amendment (amendment xvii) to the united states constitution established the direct election of united states senators in each state. the amendment supersedes article i, §3, clauses 1 and 2 of the constitution, under which senators were elected by state legislatures. it also alters the procedure for filling vacancies in the senate, allowing for state legislatures to permit their governors to make temporary appointments until a special election can be held. the amendment was proposed by the 62nd congress in 1912 and became part of the constitution on april 8, 1913, on ratification by three-quarters (36) of the state legislatures. ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
it was not left propaganda that sold the wmd lie.
don’t put in the middle what you can’t afford to lose. electricians are extremely skilled with many safety nets in place.
wait you're the same one claiming to be a minority, and you're posting pasty white pics of yourself selling luxury watches? lol middle class white guy and pretending to be a poor minority on reddit, name a more classic duo
being egyptian and white does not stop you from being a middle class white guy... but anyways you're just promoting racism against blacks and hispanics. so hush sweetie.
this is just made up lies lol
many states do mail in voting perfectly fine. you're just parroting garbage.
> mail in votes can be intercepted, tampered with, sent to wrong addresses, or worse sent to multiple addresses. is there any evidence that interception and tampering would actually be a problem
i bet you have proof of all this happening in the us lol, with all the states that have heavy use of mail in ballots and all.
turn off youtube and step outside. better yet, actually go to a city
antifa? really? you're right, it is a free country and it is your right to believe in misinformation. good luck to you as well.
just as the populace can be educated, they can be misinformed. i admire your optimism and prey we never get to see the fallacy of your ideas first hand
> the us is nothing like a group of 50 countries banded together que? it kinda is though. states have radically different laws in the united states. in many ways the eu has more federal control over member states than the us federal government has over most american states.
15 year old middle class white kid and pretending to be a minority on reddit, name a more classic duo lol
i'm egyptian. believe it or not my minorities can be light skinned you dumbass.
there's a few r. note how they are all pro voting restrictions too
i live in an upper middle class neighborhood that is majority minority. my wife is hispanic. i do not see the america you portraying.
but what's with your racism against white colored people?
that’s the problem, it’s not though. my lifelong friends, literally own their own homes, and ballots got sent to their houses and their parents’ houses. this is after college, after their apartments in the city, and first condo, etc. worst part their parents moved in the same area, so their parents’ old addresses received their parents’ ballots as well. tough pill to swallow but it happened. i was thisappointed too.
u. he's also put all his allowance into safemoon lol
human beings would never cheat to gain power, ever.
how can they be misinformed if they are properly educated and think critically? propaganda and jingoism now rules the day in the usa. standards have dropped to pathetic levels hence the current mess we are in. a revamp of the educational system and modernization of the technology of governance is sorely needed.
it really doen't, states cannot leave the union, eu countries can leave. each state does not have its own military (the national guard is under control of the state, but if push comes to shove its under the federal government), eu members do. what laws do you think are so radically different in the us?
that is pretty much how i picture you. another white kid with no clue what it’s like to be a minority. we don’t need your help to get by, we will do just fine on our own. you can come down off the cross now.
that's because you live in an upper middle class neighborhood lul
what racism is that? making fun of middle class white guys pretending to be token underprivileged minorities?
what do you think is the resulting problem here? obviously we always want to work to make things as efficient as possible and eliminate redundancies but why do you think your example is such a bad thing?
so, no. just "common sense"? i'm sure that is never wrong.
who would ensure this proper education? everyone goes to school now. do you trust that they won’t be swayed by bitcoin fud? if the majority decides that anyone that bought btc before 2025 should have it rethistributed to everyone else due to unfair head start, what prevents that from happening?
> the national guard is under control of the state there's no two-ways about it. the national guards are under the remit of the state executive. and besides... you know... guns. > what laws do you think are so radically different in the us? there are a whole bunch of them. if you tried to pull off some of them off in the us, you'd likely have a revolution.
why do you talk as if you're allowed to vote yet?
maybe should frame your argument on a more socioeconomic basis opposed to racial one
i honestly do not think being underprivileged is tied to the color of your skin. that seems to be a gross oversimplification of things. there are also underprivileged poor people in e.g. countries like moldova who never had the privilege of someone growing up in a "first world country" and who happen to have white skin color. the whole ordeal of differentiating on the basis of skin color and(irrespective of what color it is aimed at) is what essentially defines racism. there's just no excuse for it in any case, regardless of how privileged someone is. adding skin color adds nothing to the conversation.
hey, if you don’t comprehend how people receiving multiple ballots at different addresses is a bad idea, you probably have much deeper issues which can’t be resolved here. good luck with your crypto investing, i hope the next set of elected candidates will be bitcoin friendly. i truly mean that, we need politicians that understand crypto and understand that they only need to tax the capital gains on it, not restrict its purpose or how it flows.
[part 3, union policies and internal actions]( >part 3 is the largest in the tfeu. articles 26 to 197 concern the substantive policies and actions of the eu. ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
"federal law was changed in section 1076 so that the governor of a state is no longer the sole commander in chief of their state's national guard during emergencies within the state. the president of the united states could then take total control of a state's national guard units without the governor's consent." you cannot just say "a whole bunch" and literally list nothing, wtf is that? and tried to pull off some of what, what are you on about?
sorry bud, you officially won’t get another peep out of me. not falling for any more of your attempts to bait me. good luck with your bitcoin investing. i hope it works out for all of us.
i did and you ignored the article proving the socioeconomic and racist republican agenda
the issue at play here is that poor black and hispanics are being targeted for voter suppression. dunno what all your silly thoughts are related to. you replying to the wrong thread?
> literally list nothing que? from the link provided : title i: internal market title ii: free movement of goods including the customs union title iii: agriculture and fisheries common agricultural policy and common fisheries policy title iv: free movement of workers, services and capital title iv concerns free movement of people, services and capital: - chapter 1: workers (articles 45–48, ex articles 39–42 tec), including the right to move freely in order to "accept [an] offer of employment actually made [5] - chapter 2: right of establishment (articles 49–55), including the right to take up and pursue activities as [a] self-employed person [6] - chapter 3: services (articles 56–62) - chapter 4: capital and payments (articles 63–66) title v: area of freedom, justice and security including police and justice co-operation title vi: transport title vii: common rules on competition, taxation and approximation of laws european union competition law, taxation and harmonisation of regulations (note article 101 and article 102) title viii: economic and monetary policy articles 119 to 144 concern economic and monetary policy, including articles on the euro. chapter 1: economic policy - article 122 deals with unforeseen problems in the supply chain and "severe difficulties caused by natural thisasters or exceptional occurrences beyond its control"[7][8] chapter 1: economic policy – article 126 deals with how excessive member state debt is handled.[9] chapter 2: monetary policy – article 127 outlines that the european system of central banks should maintain price stability and work with the principles of an open markets and free competition.[10] the article 140 describes the criteria for inclusion in monetary union (the euro) or having exception from it, and also says that it is a majority of the council, not the state alone, which decides upon usage of euro or national currency. thereby are states obliged (except uk and denmark) to introduce the euro if the council finds they fulfil the criteria. titles ix to xv: employment, social and consumer policy *main articles: european labour law and european consumer law* title ix concerns employment policy, under articles 145–150. title x concerns social policy, and with reference to the european social charter 1961 and the community charter of the fundamental social rights of workers 1989. this gives rise to the weight of european labour law. title xi establishes the european social fund under articles 162–164. title xii, articles 165 and 166 concern education, vocational training, youth and sport policies. title xiii concerns culture, in article 167. title xiv allows measures for public health, under article 168. title xv empowers the eu to act for consumer protection, in article 169. titles xvi to xxiv networks, industry, environment, energy, other title xvi, articles 170–172 empower action to develop and integrate trans-european networks. title xvii, article 173, regards the eu's industrial policy, to promote industry. title xviii, articles 174 to 178 concern economic, social and territorial cohesion (reducing thisparities in development). title xix concerns research and development and space policy, under which the european research area and european space policy are developed. title xx concerns the increasingly important environmental policy, allowing action under articles 191 to 193. title xxi, article 194, establishes the energy policy of the european union. title xxii, article 195 is tourism. title xxiii, article 196 is civil protection. title xxiv, article 197 is administrative co-operation. part 4, association of the overseas countries and territories part 4, in articles 198 to 204, deals with association of overseas territories. article 198 sets the objective of association as promoting the economic and social development of those associated territories as listed in annexe 2. the following articles elaborate on the form of association such as customs duties.[4] *part 5, external action by the union* part 5, in articles 205 to 222, deals with eu foreign policy. article 205 states that external actions must be in accordance with the principles laid out in chapter 1 title 5 of the treaty on european union. article 206 and 207 establish the common commercial (external trade) policy of the eu. articles 208 to 214 deal with co-operation on development and humanitarian aid for third countries. article 215 deals with sanctions while articles 216 to 219 deal with procedures for establishing international treaties with third countries. article 220 instructs the high representative and commission to engage in appropriate co-operation with other international organisations and article 221 establishes the eu delegations. article 222, the solidarity clause states that members shall come to the aid of a fellow member who is subject to a terrorist attack, natural thisaster or man-made thisaster. this includes the use of military force.[4] *part 6, institutional and financial provisions* part 6, in articles 223 to 334, elaborates on the institutional provisions in the treaty on european union. as well as elaborating on the structures, articles 288 to 299 outline the forms of legislative acts and procedures of the eu. articles 300 to 309 establish the european economic and social committee, the committee of the regions and the european investment bank. articles 310 to 325 outline the eu budget. finally, articles 326 to 334 establishes provision for enhanced co-operation.[4] *part 7, general and final provisions* part 7, in articles 335 to 358, deals with final legal points, such as territorial and temporal application, the seat of institutions (to be decided by member states, but this is enacted by a protocol attached to the treaties), immunities and the effect on treaties signed before 1958 or the date of accession.
> the john warner defense authorization act of 2007 pub.l. 109–364 (text) (pdf) > "federal law was changed in section 1076 so that the governor of a state is no longer the sole commander in chief of their state's national guard during emergencies within the state. the president of the united states could then take total control of a state's national guard units without the governor's consent." nice fkn context stripping: > the national defense authorization act of 2008 pub.l. 110–181 (text) (pdf) > **repeals provisions in section 1076 in pub.l. 109-364** but still enables the president to call up the national guard of the united states for active federal military service during congressionally sanctioned national emergency or war. places the national guard bureau directly under the department of defense as a joint activity. promoted the chief of the national guard bureau from a three-star to a four-star general.[15] i mean even for reddit that is pretty brazen.
ttps:/.wikipedia.org/ here is a link to the desktop version of the article that . --- ^(beep boop. this comment was left by a bot. if something's wrong, please, report it in ). ^(i'm here to help out our fellow redditors that are on their computer by replying with a non-mobile links whenever someone submits a mobile link to wikipedia.) ^(downvote to delete)
oh darn no more racism from the 15 year old fake electrician :(
it did not explain the reasoning behind it, so i cannot just immediately scream racist
glad you know how to copy paste an entire wikipedia article, anyways i asked for specific laws that are drastically different across the us and you listed none. edit: also, most of those things are mostly if not entirely under the federal government and are the same across the us or atleast very similar. like dude you listed free movement of people, literally every country that is not an authoritarian shithole has that.
the national guard is still directly under the dod, if a state defies the federal government you really expect their national guard to stand up to active duty forces? you also still have not listed a single law.
> specific laws that are drastically different you should read the list. by the end of it, i bet you'll be thinking "wtf"?
i just caught you out trying to tell porkies and now you're trying to tell more porkies. be better.
we do not know the rationale behind the bill that would be required to pass it.
wtf is a porkie lmao
can you name a hypothetical rationale to restrict voting booths in minority neighborhoods that is not racist?
how about you speak english.
but why minority neighborhoods only
that's what the article failed to point out. just gives the end result without the rationale. it's illegal to thiscriminate based on race.
so why are republicans doing it?
probably to benefit them
being racist benefits republicans?
well, limiting dem voting strongholds would benefit them. i'm sure they would be more than happy to have all minorities vote for them. so i do not think it is inherently racist.
they arent targeting all "dem voting strongholds". just minorities.
you need some help
help stopping racists yeah
you just have no idea
this is the least racist country in the world
i like how you've just accepted that republicans are destroying democracy and your only response is "well it is not as racist as it could be"
it's not about race. it's politics. they're just a bunch of lawyers trying to sleaze their way to the top.
you do not think some of these lawyers can also be racist, and act on that racism? maybe you should listen to the nixon tapes lol
yeah, but it is not separated by party
ok man, you win. i wish you the best in life. if you are in the houston area. i'll buy you a beer.
14 year olds cannot buy beer in houston, you stealing from your dad's cabinet?
haha, sure. i'll steal you a beer
bring some over to all the minorities you keep from voting :)
my dad cannot afford all that beer
it's the least you could do
maybe one day we will have block chain secured voting you can use by phone.
until then you're happy just saying blacks do not get to vote though?
i know, civil rights are such a drag to your delicate white ears :(
dude is a real life south park character
lol that escalated quickly?!
ice cold. guy went from 0 to holy sh\*t without blinking.
joke's on him, the recent market correction already killed me
oh shit, but i do not want to die!
i should buy more
aren't we all going to die regardless? might as well be financially free when we do.
as a chinese, i’m laughing way too hard at this.
should i sell my bitcoins stock? i dont wanna die
we already dead inside.
every man dies, not every man really lives. william wallace
that is hillarious. i was watching the timer and thinking what could he possibly say in the time left, so that punchline was killer.
pay attention. what they are doing here is important. this is not just another "china moment". they need to fud crypto until the digital yuan is rolled out because the only way the world can stop the digital yuan from becoming the world reserve currency is by states embracing and deregulating open source crypto. the writing is on the wall. digital yuan has first mover advantage against all other govt crypto, as well as the means and leverage to push it on their population and arms in other countries to push it globally ("we only accept debts paid in digital yuan") at a speed more democratic states simply cannot match. if governments around the world empower their citizens instead of kneecapping them we have a chance to stop this but so far it seems we're missing the forest for the trees.
credit to [hailey lennon on twitter ](
is that why btc is down this morning? lol that is a funny video.
damn, the amout of bullshit on this rivals cnn and fox. i did not think it was possible to out-moron our media, but china beat us there too.
this is pretty hilarious then you realize its a coded threat at crypto and its users
he means "we, authoritarian regimes, are all gonna die" and he is probably right
he really just went for it there.
i mean, he is not wrong. "we're all gonna die" certainly is always the worst case scenario. not a likely one, but hey, he was not asked about a likely scenario...
i’m still new ish to this bitcoin stuff. i didn’t know it was deadly? should i sell all my assets?
ahhhhh, we're all gonna dieeeeeee!!
lol what an idiot clearly a ccp talking piece
yes, all bankers and dictators are going to die
you can see the fear in his eyes.
omg i haven’t laughed this hard in years!!!!
pan to film "airplane" panic scene.
yow. you were asking the worst scenario
"here we have an expert on the topic of crypto to share his unbiased opinion... hu yu, can you tell me what the the worst possible outcome is, i mean the very worst, really dig deep and gather up the worst you can think of. holocaust, mass genocide and stuff like that" "yeah we're all gonna die" "perfect mr hu, that was just perfect. cameraman, did you get that? send it to the nyt immediately."
this made me laugh so hard.
we are all going to die regardless of bitcoin. bitcoin only makes things better before we do.
could have seen this coming from miles away. or course the ccp is extremely thissatisfied with a non-traceable, non-financially regulated currency.
if we're all going to die anyway, i would not have to worry about my losses anymore...thanks china!
sounds like my mom, if you smoke weed your going to die!!!
extinction level event hahaha
i mean... he is not wrong. if society adopts cryptocurrencies we're all gonna die... because the ccp's gonna kill all of us.
🤣 is that before or after lambo?
human sacrifice! dogs and cats living together! mass hysteria!
run to the hills the murderer libertarian nerds are coming!
if you interrupt "we're" as we no-coiners this makes a lot more sense
unless we end up not using bitcoin, in which case we will all live forever as immortals.
well that escalated quickly! 😂😂😂
what is the context of the video? is he talking about humanity dying or china dying if they will not embrace bitcoin?
this is not real right? i want to see what he says after that. wtaf?!
the ultimate fud, haha
then die, ccp needs to thisappear off the face of the world if this planet is to be a better place.
haven't laughed so hard in a long time 🤣🤣🤣
he is not wrong, we will all die some day.
i was watching the seconds tick down toward the end of the video, and waiting for the conclusion and, like three seconds left, was thinking come on, what can this guy possibly say in three seconds? oooooh, ok! haha
that's the funniest shit i've seen in a long time
it’s called free market motherfuker. i am a free human i can invest my money where ever i want i don’t answer to china. they’re probably buying bitcoin on the d low haha
what’s the worst that can happen? we’re all gonna die!
he’s not lying, ccp will kill him if bitcoin gets out of hand
selling sos. will probably buy the dip. again.
cgtn (formerly cctv news) is china's state-run media channel, by the way.
lol. we’re all gonna die.
i'll buy more... why not die rich?? 🤑🤑
to be fair he said it is the worst case scenario. i guess the worst case scenario for everything is that we're all going to die.
i mean no matter the currency we use, at some point we are gonna die
then we will see you in hell!
omg we all gonna die
ommggg selll we gonna dieee
we're all going to die. this is known.
i saw this video earlier and sold all my crypto because i do not want to die. soon after i sold i noticed the market started rising again, suckers.
he isn’t wrong... anyone that uses or has used bitcoin will die, eventually. or any other crypto. he’s correct.
right, so why is china developing a crypto currency? must be in a hurry to die
worst case scenario of basically everything is: we’re all going to die nothing new here.
we're all gonna die lmao wow next level shit! bring it i'm on board!
lololololol. i did not see that end coming.
well without bitcoin we are all gonna die as well 😂
what a bunch of clowns.
did that guy say if everyone use bitcoin we are all gonna die?
he asked for the 'worst case scenario.' the response was not inaccurate.
this is the funniest thing i ve seen this month
well, that escalated quickly!
was not expecting that 😂😂😂
we're all gonna die is the truest sentence on earth.
if we choose to use something else for money, "we're all gonna
lmao "were all gonna die"? who tf takes this seriously?
inflation is what destroys civilisations
**when you have to give a book report but you never read the book**
well...that escalated warp speed.
op can you upload this to youtube?
were all gonna die cause of bitcoin? buahahaha, holy fawks
what tha fuck? this gotta be fake!?😂😂😂
stupid american we buy allllllll bitcoin. you fall for oldest trick in book
i straight loled. if i was drinking something it would have come out my nose
you hear that, everyone? let me take all your bitcoin off your hands. it's a sacrifice i'm willing to make.
this sounded like a comedy skit
can anyone transcribe this i am at a bar and can’t understand
he mispoke he meant if china becomes a world power we are all going to died
why is this in english?
“we’re all going to die”...i mean...he’s not wrong!
who takes them seriously anyway?
lmao this a joke. don’t sell, we gonna beat these asians
probably the dumbest shit i ever heard in my life!
hahahahaha omg fuckin financial terrorists
by all he means people from china. china will lose the ability to manipulate currency when it’s btc which leaves their country in ruins “all gonna die”. games over, no more taking adavantage of other countries and the chinese laborers.
they want to push digital yuan. imagine digital currency plus social credit. they can fcuk you up good with a press of a button.
china had a chance to make a global leader move by leading us (the world) into the crypto world and make bitcoin legit. opportunity squandered lol. guess usa will continue ruling the global financial system. im sure the chinese had to make a call between state security and being the potential pioneers of crypto. (state security is pretty much their concern at all times)
chinese government is cancer on earth
chia unleashing covid-19: welp, you're all gonna die. bitcoin threatening chia: we're all gonna die!
lmao were all gonna die anyways ... he also said “if the humans accept it” like he’s not human
the little trust hay frw country had in china os dead after al this bullshit pandemic they shot the self in the head im just waiting for the next black-swam event that is coming later next year keep you polder dry
the part he left out is that it will be because china starts killing everyone because it’s a trash country.
but china wants us to buy their shitcoin that tracks people and has "expiration" dates. fuck these c0cksukcers...
i do not want to go to the moon with a rocket made in china anyway so good luck shitty wok !!!
trying to ditract from the covid lab leak.
fuck these communist pussies
this is hilarious! lmao
we're all gonna die anyway!
ahhahahahahahaha we need a new acronym! this is not fud at all🤣
everybody bang ding ow??
we're all gonna die anyway though... i'll just die a hodler.
wow 🤩 but he is right we will all die but it won’t have anything to do with bitcoin.
little do they know i want to die.
we all gonna die??!! oh no... news check!!!! noone lives forever! 🥲🥲🚀🚀
lol. on my death bed “take...my...phone...”
oh fuck! we are all gonna die... someday?
he did not lie tho, we're all going to die. you could say this for everything... if you do not eat your vegetables, we're all gonna die.
we're all going to die!! yes, well, eventually. but not from using bitcoin.
lol! what?! maybe it was badly translated? aaaand everybody died.
well, he is not wrong
can’t listen right now. what is he saying? any tl;dh?
i cant remember, china are the communists that believe in truth and transparency right?
what’s the logic behind that statement. how would the dominos fall
lol is this real?
everybody is going to die sometime
dude: “if people keep doing things, they’re gonna die!” media: “death is upon us all!”
well obviously we are all going to die. but very rich.
😂, we’re all going to die anyway bro
i mean... is he wrong? bitcoin is a deflationary asset, it wouldn't work as a currency. arguably you need controllable inflation for your currency in times of dire emergencies. that's just the reality. if that weren't true, then the world would have reverted back to the gold as the ultimate currency.
haha! this is hilarious!
we might all die, but i will die rich as f***
sorry i just bought more. hug your families.
well he’s not wrong
this is not even fud anymore, it is comedy.
wow this is priceless
this has meme qualities! so bitcoin is "hodl" and "we're all gonna die" :d
he is right! i'm literally dying right now laughing 🤣🤣🤣
gentlemen, now you know why you must buy bitcoin!
it's worth buying just to piss these mofos off.
broooooo i just pissed myself in bed 🤣🤣🤣 i was not expecting that
he's right, we're all going to die... someday duh!
lmao, maybe you're gonna die, i will be great
😂😂🤣. well kinda true in a way.we are all gonna die eventually i dont think fiat makes anyone immortl either! i smell panic in the air for big boys ready to loose control over their monopoly. expect some more fud and manipulation but like i said you simply cant stop a technology which is superior and makes human life better! you can try what you can but humans will find a way!
i'm in tears, this literally some of the funniest shit!
lol 😂 it doesn’t get much worse than that
oh so now bitcoin is not the one dieing, now it is the humans using it. got it. clear transition.
what tv station is that?!
lmfo! now it make sense.
p.s pls sell me your itty bitties for cheapies
he maybe misdecipher a crypto code that would activate defensive protocol to save its own by activating skynet.
i did not realize by buying these coins i was killing all of us. i'm so sorry
oh, thank god, i can finally die.
wait did i hear this correctly? are we all going to die ?
who is ready for a president that’s actually tough on china?
run! the apocalysis is here and it´s called elon musk adopting bitcoin!
i mean, they are going to nuke all those citadels.
gentlemen: (with the violin music fr titanic in the background playing) ... it"s been a pleasure! 🧏‍♀️ (the captain is the last one abandoning the ship)
each day we live we are closer to death. technology only speeds this process up. i am a programmer.
he must have sort position
"we're all gonna die" ' lol what
"we're all going to die" bisshhh stfu
the title should say to watch till the end cuz i was not expecting him to say we all gonna die lol
“we’re all gonna die”.
that is sooooo awesome!!!
the dude said that because he saw a gun pointing at him \*lol
"we are all gonna die" all dead tgt? sounds good to me
bow before the coin or else prepare to be destroyed
china is literally nationalized fud. they are a country built around fud. see coronavirus and their misinformation campaigns, as well as persecution of whistleblowers. not to mention an industry built around ip infringement as a cornerstone of its success. make no mistake - these moves are happening while china assesses how it can leverage crypto for national and political gain.
are you ready to die!?
this is just confirmation what an utter failure the digital yuan is
i, for one, welcome death.
well he is not wrong. one day we are all going to die!
what a way to go. financial freedomed to death.
this has got to be some sort of parody news show e: spelling
i do not think that was a prediction, but more of a threat to society.
proper tickled me this video. the more fud i see, hear, read and watch, the more bullish i become. this drivel just confirms to me the btc has already won.
i have never laughed so hard before...
this truly made my morning! i will be laughing about this all day. how can you thislike this?!?
was this on their version of saturday night live?
hahahahaha you gotta be kidding me
is this why everything dipped...
well he’s not wrong ... we are all going to die absolutely nothing to do with bitcoin though
we are going to die!! wait, tell me something new
you can tell the chinese bots don’t come here based off the anti china posts here not being downvoted
but it is the truth...
haha you buy my shitty coin now or you get the sweet-and-sour pork on your head!
got to be true, it is on the tv
to be fair, the chance that we all gonna die if bitcoin becomes the global currency is 100%. but we all gonna die anyway.
china can fuck completely off... more bitcoin and mining fees for the rest of us,, the bastards have been hoarding chips and cards and what ever else. they can fud all they want , the rest of the world could give 2 shits.
did he just say what we think he said?
that guy has lot of f a little you and a whole lotta d
in either the best or the worst case, we are all gonna die. i mean i guess eventually everyone dies but chill bro.
china is a shithole
he's right tho. we're all going to die, some day.
were all gonna die from internet moneyssssss nooooooooo
\> "in the worst-case scenario, we're all gonna die." technically, that is true. it's a true statement no matter what phrase precedes it. "can you tell us what will happen if op gets out of bed tomorrow morning?" "well, i can tell you exactly what will happen. in a worst-case scenario, we're all gonna die" edit: dammit, should have read more comments before replying, somebody else already said this.
i mean, he did say worse case scenario. that is kind of the worst case scenario for any situation.
well, i guess they did not ask the most likely worst case scenario.
we're all gonna die. good to know bruh now i'm gonna go check my rig.
yet another reason to invest! hasten the end!
this is sad but absolutely hilarious.
ah yes china land of the no internet, no free business and enslavement of people. glad they’re protecting us from evil bitcoin
do they realize that when you behave this desperately, it only strengthens the case for btc and crypto in general? imagine if there was suddenly some kind of decentralized, chained, whatever form of social media? "mr. zuckerberg, what do you think will happen if everyone does the extremely foolish thing of deleting their facebook accounts in order to use a decentralized social media that does not track everything they do in order to show them advertisements?" "this one's easy, senator, massive amounts of death... without a facebook account, we're all gonna die."
someone hold me, i'm scared
alright that ending was hilarious
6.25 every 10 minutes bitches honey badger do not care
i did not know i've been holding deathcoin the whole time.
while they create covid to kill they claim they fear btc virus
i was not expecting that response! rotfl
at this rate the next headline in the us is going to be "bitcoin is literally satan!"
this is the funniest thing i heard so far for the day.
yea i mean they’re already responsible for so many deaths caused by covid so… fuck them. the chances of death is high in china regardless of btc
lol. technically we are all going to die
if btc goes up we all die, if it goes down we all die. bitcoin has really cursed us all
bitcoin poisoned our water supply, burned our crops, and delivered a plague onto our houses!
"we're all gonna die." ...ahahahahahahaaa...i cannot with you clowns lol...
did this man just say "we're all gonna die"? because of btc??
did he really said >>we're all gonna die" with all, he means all people or all the banks and financial institutions xd
they killed kenny you bastards!
“if people start using bitcoin...we’re all gonna die”... bwahahahahahahha
worst case scenario time travelers come to redirect the asteroid that caused the extinction of the dinosaurs, because if that happened then it would be velociraptors adopting bitcoin instead of humans.
we are all going to die!!!!
okay well then fuck me up fam!
so basically if humans adopt bitcoin on a mass scale, then we will all just die?
what is it, billy?
'in the long run we're all dead' keynes
so deathcoin is the future?
he just gave me the reason i was looking for to buy a few more 👍
people already dying because of corona. le china: people are gonna die, why? because bitcoin that is why.
i mean... we are all gonna die someday... so these sorts of predictions are not wrong, but they are not correlated either...
you forgot to add the comedy flair
china will never allow bitcoin transaction to grow beyond the parties ability to control it.
i laughed! people... we all gonna die!!!
that guy is on something real good.
i have not laughed this hard in a while. i was definitely not expecting him to say that
china going to china
context? it definitely feels cut for comedic effect and it did well but... context? who knows, it might make it even worse.
imagine going to school for years and trying to establish a legitimate reputation in the shit show swamp that is financial media, and then you drop this sensationalist garbage
lol he answered like a kid. we are not going to die we going to the mars
yeah, that is usually the worst case scenario.
we’re all going to die - that’s extreme. 🤪hasn’t anyone been taught in school that any extreme statement with no supporting facts is a lie. 😂 if they are going to put fud they should learn to put out better fud. 🤣🤣🤣
"we're all gonna die" or please do not invest in btc because now i cannot use it in my home country
fucking chinese government! they are ruining everything
yay! we're all going to die!
the irony of a "communist" state not supporting a decentralized anything is pretty funny
it's not maximum fud until you hit them with the old, "we're all going to die" line
hahahah they will be kicked out of the market soon 😎
who man thanks for the 5 min laugh, but he is kinda right we all going to day at some point in space-time, so do not call him a liar haha
guys, chill, the fud is originated from china and so it should not last long.
oh god help us 🤣🤣🤣
if you do not give china power they do not have any...screw china...
is this real!!??????? i can tell you exactly!!!! who the f this guy think he is for christ sake!!!!
yea, worse case scenario if bitcoin is used as a real currency, we all gonna die! and how that happens if i may ask?
haha wasnt expecting that
i can already see the people with suicidal tendencies going all in. bullish.
he meant that the chinese are going to die.
any link of the whole vid, or the name of the show? i need to see the hosts' reaction after that.
lol, oh man 😂
if i sell all my btc will i life forever?
if humanity depends on whether we use or not bitcoin, then we are already fucked.
anyone have the original link and not someone's smart phone video. this is brilliant.
well, tbf, we **are** all going to die. in every scenario.
why are we even worried about this if btc is so resilient to centralization? 🤔🤔🤔
yo that is so fucking hilarious. “we’re all gonna die” lol oh man priceless. someone make that into an nft please
what the funny fuck, can i see the whole video?
ctgn (chinese to go news). if you do not understand chinese mandarin or cantonese and cannot listen, then you have no basis to regard reports in english from chinese news. therefore, we are all going to die.
why did he say “human society”??? is he not a human???😳😳😳
is this a hidden threat to the chinese people holding crypto?
is this why crypto dropped today
china south park hits next level
i know the squealers when i see them and that dude is a squealer
technically correct. the worst case scenario for anythig is "we're all going to die." that scenario has nothing to do with bitcoin per se though, aside from the existential dread that decentralization gives authoritarian governments.
lol, so people actually think this? i mean, yeah it will be a social and mental change, but we have them every 20 years now with technology alone
“when the common person achieves financial independence from rigged institutions everyone will die”
who is that dude anyway?
news guy: we're all gonna die.😐 also news guy: went home and bought some btc.
well actually...that would be worst case scenario. he is not wrong.
sell. sell. sell. please don’t die you guys i love you all
and die!!! end of story
sigh... it gives us all more time to stack at the end of the day i suppose would be the positive way to think about it although it is mildly annoying and depressing
did he say why we would die. is it the weight of my bags of wealth crushing me.
this is where we have ended up? end times must be near if this is their argument at this point lmao
the worst thing is that he might be right :0
where can i sell my bitcoin? i do not wanna die!!!
we are all gonna die wow. how are these people aloud to even talk in public settings
hahaha thank you i needed this today 🤣
fuck china!! i wish we could just cut off trade with them. finance another country to manufacture our auto parts electronics etc.
xin xon xing xong xin xin xon xhan zen xun xon xin
well that escalated quickly…
🤦‍♂️ same shit, different day... get a life dude
bro said that like it was straight faxx no blinking loll
that’s what his communist overlords told him to say. he was immediately executed after that interview.
oh crap i gotta sell my bitcorns.
lol okay i guess btc is a contaigous cancer then. this is funny
that same idiot: “what do you think wiped out the dinosaurs?!? one word, bitcoin.”
absolutely priceless, imagine actually saying this on live tv.😂
bitcoins outdated, even the white paper explains this isn’t future proof, dummies. imagine investing into something and never reading the technical foreground for it. i mean rvn coin “a fork” of btc is better like cmon kiddos, this is the same as a dude getting pussy whipped to a women obeying her every command.
hey he is not wrong. that would be the *worst* case scenario
we’re all going to die? damn, guess i’ll buy more then
hahahah is this for real??😂
all your btc r belong to us.
that's a strong argument, how can you debate that?
we're all going to die anyways. what's his point?
i guess that is the worst case, yep.
we're gonna anyway, you absolute stooge.
bitcoin use = death… 10-4 good buddy, i’ll keep buying
🤣🤣🤣 the ccp are freaking out that they will lose control
he’s technically correct... we are all going to die... someday... lol...
volume at 86! im sure your neighbors from 2 blocks away are now also informed xd
he meant they will die, the media, if their propaganda does not stop bitcoin. winnie the pooh will kill them
lmao that ending had me laughing so hard. how did this guy keep a straight face.
thing is china will believe this crap and being 1's population this does not look good.
well it was nice knowing you guys.
lol. i've got bad news for you pal. draw out the timeline far enough and survival on an individual level is zero.
haha he just come out matrix
he made my day hahahhahahh lmao
all chinese news is suspect but especially english language chinese news.
if you use fiat, you will die someday.
you know you’re onto something when governments shit themselves on the reg
i think their line of reasoning might be the energy use contributing more to climate change and killing us from climate change, however that is like the most extreme extreme extreme case and prolly won’t happen as long as we switch to renewables lol and their using it to scare population or something
this is some jack ma level shit
we are all going to die, he is not wrong
i laughed out loud on that one. nice
i’ll leave that here…
"we're all gonna die" pshhh tell me something i do not know!
next fud level: bitcoin was created by an alien to invade earth!
we're all gonna die 😂😂😂
death is still better than fiat
what does fud mean , genuine question
as soon as i saw this video i literally converted . haha.
... i mean he’s not *wrong* we all are gonna die... eventually
oh god! that escalated quickly. i died laughing, so i guess he was right. 😂
well, he is right. in the long term we are all going to die.
wow, this is so close to being satire. do you think they realize?
you american have such a large penis
i was expecting something like this
this is the dystopian version of, ‘they’re all gonna laugh at you.’
"we're all going to die"...??????????
lol damn that is dumb
fucking lol. this fucking guy.
so basically, we are all going to die. no shit sherlock.
technically correct, we're all gonna die
i hope you all die.
wtf for real felt like south park there
were all gonna die
ohmagard we are all gonna die
are wee ever going back up, it is tanking 🙈
china keeps fuding and bitcoin keeps dropping... uuggghhh
chinese state tv is fox news but the retarded is cranked up to 11
my thing is he said if humans use bitcoin like the aliens told him they would blow up the planet
he is got a point tho
i mean, we’re all gonna die anyway, so he’s not wrong.
\>"we're all gonna die" well maybe not all of us, sheesh
we are already all gonna die, bitcoin am not gonna make it happen any faster or more painfully.
can't wait for all my facebook friends to show me this in 5 days and act smug about it
we may lose all our money in this shit, but at least sub like this will all worth it
well to be fair technically he’s right. one day we all will die. lol i wish they would just shit or get off the pot.
leaving a comment here.
i think he is misread "drop bitcoin not bombs" as bitcoin is dropping bombs"
this had me peeing my pants, and not from fear. lol
well pack it up boys you heard it straight from the news
lmao were all gonna die
lol. funniest shit i have heard in a while.
this dude woke up from his simulation and malfunctioned right away hahaha.
well that’s about the most hilarious bs i have seen in a very long time 😅
really? we're all going to die? lol...
haha it is funny because china's contribution to climate change is actually going to kill us all but *we do not like to talk about that*...
we're gonna need high quality sources of this for future memes.
cgtn (and all channels in china) are state run
he’s not wrong. if bitcoins become the sole currency, we are all going to die. if it doesn’t we are all going to die. we are all going to die. that’s just a fact.
it is such a weird thing to say in chinese that we all gonna die. i speak fluent chinese and no one says this in chinese.
they need to flood the market with used gpus and miners now. let's go
he am not wrong.
hahahahahahahahahaha did not expect that hahahaha
maybe he is thinking about potential ecological effects? nothing to do with the financial system, though.
hahahhahahhahahahahah, i lol at the end
😎💰ready for the dip
“there’s like two seconds left what can he possibly say to fud…...oh wow”
not a single country: / ... china: we’re all gonna die!!!
thank you... thank you so much for this! :-)
he sounds like he’s talking with a goddamn gun to his temple
oh china! you scamp.
i wonder how he says that without cracking up. man the fud is at an all time high!
😂 he is on point! we are gonna die
i tune it out
hahahaha did he say the "musk scenario"?
he’ll die first😬😬communist party will sentence him to death ☠️
wtf is that 🤣🤣🤣... i just cannot ... 💀🔫 where do they find these idiots.
we’re alll goonnnaaa dieee
ffs people are stupid
lol wtf. wow, was not expecting that
“thanks chuck! death, not good. coming up next, how shady characters are selling blockchain to your kids under the bleachers at high school and how it can lead to teenage pregnancies”
only guarantees in life: death, taxes, and …
by “we” he does not necessarily mean humanity - maybe he just refers to finance-people in suits.
he did ask for “worst case scenario”. chinese are a very literal people.
china you naughty nancy
ah yes. the infamous death by bitcoin.
i mean, he is right we are all going to die. he just left out the “die rich” part.
there's only two options: get busy living or get busy dying
[our fellow bitcoiners in china:](
well he is not 'wong' , we are all going to die... one day
what in the chocolate fudge?
the fud level is over 9000!
where’s elon when you need him
this is literally next level fud. “i can tell you exactly what’s gonna happen if bitcoin is widely accepted were all gonna die!!” jesus what strong words. pretty sure this was the same talk surrounding computers as well. fud on this level should turn your bull horns hard as diamond.
that's never happen because bitcoin can never become adopted and used like currency, simply due to each transaction having to take about 10min to complete.
"we're all going to die"
reallifesouthpark should be a subreddit
we are all gonna die
you buy my bitcoin so cheap! you so clevuhh! you take advantage of my low prices. i pay thousands. you rike-a fuck a asian rady!
i have not seen a death like that since abraham lincoln
god damn bitcoin always tryn break my shitty wah!
i came here for this. sounds like trey parker doing his al gore impression
how it comes that this comment is not awarded. take mine
you are an actual genius
welcome to shitty wok, we don’t accept bitcoin, so sowwy
we're all gonna die, simple conclusion
i suspect it is a favourite dad joke of his. 'what's the worst case scenario?' 'we're all gonna die' every. damn. time.
dinosaur bankers finally see the asteroid coming.
remember that movie when people died because they read a social media message? that's actually just the blockchain.
yeah if you use a different currency than you’re already using all of humanity is going to die we have to pay the molecules in pesos to stay together, we then bribe the electrons with usd, to surround and keep atoms and stuff together and wrangled, the gbp is used to make isotopes, so yeah bitcoin will literally tear apart the threads of reality ’s 2021 and without it sarcasm apparently doesn’t exist
lmao dude. this was good.🤣🤣
now thats just funny
more like market manipulation
joke's on him, i want to die anyway.
we've been dead inside for years.
there's no other way. you kids want your bitcoins? then accept your death.
yeah, i will buy more and hodl. then i will pay for a great funeral when i die.
nostradumbass gave me a buy signal too
do you want to die?
better to die on your own two feet than to live on your knees.
this guy knows whataup
so the "worst case scenario" is a thing that is already true. sounds bullish.
what do you mean "financially free" and how does bitcoin confer this freedom? are you just talking about getting rich from investments?
he's not wrong. it is the absolute worst case scenario
big fan of your food
you don’t die if you have btc stock, only if you self custody.
the silver lining if you have bitcoin stock is that you cannot die during the weekends or after business hours, so you get at least a bit of time to get your things in order.
what is dead may never die.
lol i had the exact same thought...i was like, this is going nowhere, i'm already thisappointed, but wow am i glad i waited the extra 2 seconds.
i am not sure there are any democratic countries or companies that would have anything to do with the digital yuan given the prc's track record.
this was a thought i had last week before i injected the trump years stock increase since covid into the crypto world. not on my watch.
i'm looking at it the way you are but think that "open source crypto" is going to defeat any central bank digital currency, especially the yuan.
digital yuan has nothing to do with "taking over world". thiel saying it is baseless warmongering. cbdc best use is bank.
you might stub your toe, but kind of mildly badly.
1btc = 1 death
we'll get you an asprin or somethig.
this has a longer version of the video thanks
russia would like a word
you actually get news from the news? i havent had a tv on in years.
i do not think it means the ccp is planning to an hero crypto users, it is just ridiculous fear mongering. from what i've seen a large part of this crypto fud coming from china is they really want to keep their money within china. they'll probably just try to exchange their digital currency for btc
“help me obi wan satoshi, you’re my only hope.”
> he means "we, authoritarian regimes, are all gonna die" i think he means "if we cant keep the price of bitcoin low, the party is going to have me and my staff killed"
i mean all of us dying is the most likely scenario. nobody escapes death besides magic johnson
yes, sell all your assets. then you can buy 'em back at a higher price.
he better parrot the ccp line or else he will die for real.
cgtn is run by the communist party of china
dude the whole network (cgtn) is a ccp mouthpiece
>non-traceable, please tell my how i can anonymously transfer bitcoin to cash? because bitcoin in 2021 is your id, id, id, phone number nearly everywhere.
it’s as traceable as it gets mate.
er, the bitcoin is the most traceable a currency can get. the blockchain is literally a chain of every transaction that was experienced by every coin since the instant it was mined.
yep. this might as well be a commercial for bitcoin since the propaganda against it is so blatantly propaganda. it looks even worse out of context but it’s likely that they are extrapolating on the anarcho-capitalist narrative that is supported by a minority of insane people within the crypto space. none of the big proponents or leaders support avoiding taxes and thisbanding government but taking the crazy hyperbolic narrative and projecting it as the entire space’s mantra is just psyop 101. even worse is people will believe it.
essentially the commentator asks the guest what would happen if bitcoin were to be the primary source of money in the world and the guest says that we are all going to die. no, that is not a joke unless that is the chinese version of the onion. technically, yes, we are all going to die someday, but i'm not sure what bitcoin has to do with that.
it’s an international channel. probably not actually shown in china but serves the purpose of giving the rest of the world a look at the news from a chinese perspective. much like rt, nhk, cna and various others.
really why do we even care what fucking china does with crypto? it's not like they rapresent the world, we should completely alienate ccp from world affairs
the prc- most chinese would prefer to keep the government out of there wallet.
oh ya the west so much better
> chia you mean they have been responsible for those stupid ads and that shitty as seen on tv product this whole time?!?!?!
if the world adopts cryptocurrencies as their main currency, he knows what's going to happen; we're all going to die.
that is exactly what reptilians want us to believe
zoom out and there is a prc soldier holding a rifle to his head.
fear, uncertainty & doubt
i get the feeling they are trying their hand at western media, but they are missing some subtlety
has anyone set this up yet? ><
maybe he is referring to the elite bank3rs mas0nic "rats" dying, as warren buffet mentions its rat poison². as b1tcoin cuts off the elite banker's main income source, money printing
well there you have it. we’re all going to die. signing off.
that's why i have silver as a backup. the u.s. mint just sent out email saying there is a "global silver shortage "
thanks for the laugh lol
that was too good ;d
ha ha, racism is so funny
>we cant minea beetcoin, penis, so so small. > >but you, have gigantic african american penis. we all gunna die ftfy
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 xi jinping and that clown probably do 69 at night and suck their little 2 inchs cawks ...chinese queers
needed a good laugh today. this was it
gettin some jin yang vibes from this lol
its like googling your medical symptoms, the result is always cancer and or death.
well... we’re all going to die regardless... so technically it’s true!
shieet might as well hodl since i'm dying nevertheless lol
us early adopters are gonna die by snoo snoo.
i’m already dead watching this
he is gonna die with his fiat while we will die with our forever lasting crypto
well technically the true no?
do you know whats worse than finding a worm on your apple? genocide
death and taxes, well maybe just death now...
well, technically, not die but been tortured perpetually would be worse.
-~~weed~~ bitcoin kills millions every year ! i know from experience, dude. -no, you do not. -well, not me personally but a country i know. those people and bitcoin got it on. wooo-eeee. -no they did not. -no, no, they did not. but you could imagine what it would be like if bitcoin, eh, eh...
blockchain is the death note
actually they debunked us electron rigging
what is this ?
i think c.e.r.n. has some " splain'n to do"
what is this community and why cannot i view it
im a big believer in this old book that tells me to die is gain. so ill take my bitcoins and my death pls. thanks. whatever coins we dont need to live we zombie on our death beds to make the others richer. this is the way. walk ye in it.
i'm either going out debt free or money free
he's talking about having financially autonomy and not relying on any bank, government or institution to store your wealth.
we are all gonna die some day in the end. so technically yes.
really its the absolute worst scenario of any mundane thing. toilet paper runs out? technically the worst outcome would be that somehow we all die
all dead and evidence of our existence is wiped would be slightly worse.
big fan of your license plate. hey ass man!
i cant decide if that episode or the "is it a titleist?" was my fave episode.
yep joke’s on him, my soul was crushed years ago by crypto and my heart is a pitch black hole of perpetual sorrow! hahahahhah
we would not know the worst parts of the uyghur genocide until years later. might as well risk the horses and fight anyways.
lands, titles, men, power... nothing. -robert the bruce
none would choose to, but if that is the only way china allows debts to be paid then there is no option. kinda like how oil has to be paid in us dollars, but now debt is the new oil
they would not have a choice at that point, much like other countries and the the usd currently.
i do not know, this guy's speech was very clear. we're all gunna die!
9btc = ...9 lives?
thanks for clarification. appreciate it
"if i do not say the talking points, the ccp will kill me... and i'm taking all of you motherfuckers with me."
the blockchain is fully traceable.
you send a bitcoin to my wallet from yours and i’ll give you money. there’s no tracing that.
bitcoin is pseudonymous, it can be easily seen publicly on the explorer.
not exactly. since the tokens are fungible, a tumbler can obfuscate transactions, while fiat currency has individual serial numbers. additionally, you can generate unlimited addresses, so you can split up a transaction going through a tumbler into many randomized transactions thistributed over weeks or even months to different addresses.
that's why bitcoin was not used for wannycry, the malware devs are too scared to get traced
yesterday i heard there was a 50. if that was ever to be reliably proven there would be a new "great wall of china" and it would be completely around it.
names taken, subreddit seems to be private
you do not know what racism is
hodl to the grave!!
petition to have hodl replace rip. yes or yes?
although the snoo snoo part's gonna be pretty good
you cannot time the market, but we all will die
begun... the coin wars have.
stop looking at me swan!
can i get a bit of weed with my coin
nice billy mathison reference.
everybody on? good, great, grand, wondeful...no yelling on the bus!!!
great. grand. wonderful. no yelling on the fud bus!
who would steal 30 ~~bag lunches~~ satoshi?
nice, was not expecting to see a billy mathison reference in here.
everyone on the bus!? good, great, grand no yelling on the bus!!
just drive the damn bus.
it means "end sarcasm"
you aren’t dead yet
i'll take free money. you can keep the free debt
i imagine that many, food, shelter, healthcare, opportunity, etc. if bitcoin helps provide people with those resources, then great. if it just creates a new class of super elites, while the rest continue to suffer the effects of inequality then... i do not really think most people care about *that* type of "freedom."
i mean if i'm dead it does not make a difference to me 😅😅😅😅😅
in the end, i think most would prefer to bite the bullet and wait for another solution to arise that does not have them put a noose around their necks while waiting to see if the other foot will drop. the prc has as much to lose as they have to gain and right now their view of who they are and what they represents is not a good investment. especially when india is right there as well- they would be a better bet to bank on.
that's why i use lightning network, off-chain is not fully traceable.
each wallet have millions of addresses. how can it be tracked if there is no person id tied to the addresses? the transactions are public, but addresses identification to a person is not :)
ok, but first send me 1 btc to 3mtf3m6r3jmtr3zxznshhxv7zyj6tn6aqz to test if you are legit.
but what’s the point? that just taints otherwise good coins... and if you’re tumbling then chances are you’re tumbling with people doing worse crimes than you... so again, what’s the point? you’re just associating with probable criminals.
fuck you got me. high quality
i was so ready to join this
oh you trick me cause all blinded by your very large penis
that was a nice one, here click this please -
goddamnit, take my upvote
you sir are a real man of genius (real man of jeannnnious).
bravo. username checks out
i just watched the whole thing 😕
i’m not even mad, shit slaps
fuck that is amazing. well done.
every fucking time! god dammit, kyle!
damn, bro, taking it back.
you got me sir
fuck you got me. that was smooth
if people could stop using dead memes, that would be nice
execute sell order 66.
my lord, is it time too let loose our army of clone coin troopers? please master; it is time we teach that filthy fed a lesson they will never forget
you see! bitcoin is only used for illegal activities! thank god that never happens with cash.
satoshi take the wheel !
i don’t know whether bitcoin will bring true financial freedom in a sense of having an unchangeable set in stone type of money that will never be fucked with by governments (read: the ruling class who control the government). inflation favors the rich. that is a fact. those with hard assets are even happy about it because their purchasing power is safe or even increases in an inflationary scenario while low, middle and even upper class workers depend on their labor to stay afloat. even a bitcoin society willl have its elite. but this elite won’t be able to increase the nominal value of their assets in btc because inflation won’t happen unless we have an event that triggers scarcity of certain goods. so if you have ten million satoshi in your bank you will be able to buy a house with the same or lower amount in the future. also, a deflationary currency would enable more resourcefulness. because people will think about spending money that is worth 2% more the next year. that way, we might actually transition into a world where we live more in tune with the environment due to less consumption. i know keynesians have quite different views about this. but my recent research about keynesianism kinda makes me feel it’s a big scam. does keynesianism make us more productive as a society than the austrian approach would? i don’t know. but given the shortcomings of the boom and bust cycles of mmt i think it’s at least worth a try.
freedom is not for everyone but hey bitcoin is.
it does both, financial autonomy and growth of your purchasing power over time.
two deaths rather than one.
i've only been in crypto for 3 months so forgive my ignorance, but does not a network being 'off-chain' defeat the point of crypto currencies?
i said traceable, not identifiable.
but first to check that you are legit... send me 1 btc
send me 1 btc to prove you are legit and that this is not a scam.
what difference does it make as long as it is legal? if you want to anonymize your income (unless you're fine with any random person including friends and family accepting payments from you being able to see your income from your job), this is how you do it, even if it is legitimate. i imagine most folks do not want their entire currency holdings on thisplay for the world.
but sir, it has not even been tested yet. we do not even know if it will work.
i know people who have bought a lot of drugs with btc, like, tens of thousands. they have spent way more cash then they ever have btc. in san francisco, there is a neighborhood that is a 24, its literally like 8 square blocks. and i do not ever think anything other then cash will ever, ever, ever be accepted.
> (read: the ruling class who control the government). in a democracy, is that true? no. >inflation favors the rich. that is a fact. inflation favors the expansion of the economy as well. it's not a zero sum game. >those with hard assets are even happy about it because their purchasing power is safe or even increases in an inflationary scenario while low, middle and even upper class workers depend on their labor to stay afloat. so you're concerned about inflation but not deflation... >even a bitcoin society willl have its elite. but this elite won’t be able to increase the nominal value of their assets in btc because inflation won’t happen unless we have an event that triggers scarcity of certain goods. so if you have ten million satoshi in your bank you will be able to buy a house with the same or lower amount in the future. do you really not see the problem here? do you really not understand that inflation and deflation are two sides of the same coin? >also, a deflationary currency would enable more resourcefulness. because people will think about spending money that is worth 2% more the next year. that way, we might actually transition into a world where we live more in tune with the environment due to less consumption. that presumes a *whole hell of a lot*. >i know keynesians have quite different views about this. but my recent research about keynesianism kinda makes me feel it’s a big scam. oy vey. are you an economist? are you trained in anything related to economic research? or are you just an armchair expert? you think that the vast majority of economists are in on some "scam"? much of keynesian economics is well validated and incorporated into neoclassical school. unlike austrian economics, which is pure praxeology and conjecture, not even slightly empirical or even falsifiable. >does keynesianism make us more productive as a society than the austrian approach would? i don’t know. yeah, you do not know because the "austrian approach" is not a legitimate school of economics. it's not much different than reading tarot cards, whereas keynesian and orthodox economics is actually highly empirical and mathematical. don't let yourself be brainwashed by ancap, "austrian school" types. they are charlatans and pseudoscientists.
first of all, what about deflation? for all the concern around here about inflation, are you actually completely oblivious to the huge risks to the economy posed by deflation? also, there are so many assumptions built into your claim that do not you think it prudent to qualify your statement a bit?
welcome then. there is nothing to forgive, crypto has become such a huge topic in such a short time that today even people who've been here for years are missing some of the recent pieces. asking questions is the best anyone can do. to answer your question, no, i do not think it does but this is my opinion. to me the "point" of crypto currencies are: *peer-to-peer payments over an online network. *the elimination of third parties and replacing trust with verification. *transactions would be irreversible and nakamoto argues that irreversibility would protect sellers from fraud. escrow mechanisms can be implemented to protect buyers. *a peer-to-peer thistributed timestamp server would generate mathematical proof of the chronological order of transactions. lightning network ticks all those boxes and spoils none of them, it also upgrades many aspects of these censorship resistant transactions by making them faster, cheaper, and more private.
>defeat the point of crypto currencies? off-chain protocol compliments the main chain by adding optional choices that did not exist in the main chain, while not compromising the security of main chain. take your time reading on trade-offs and limits of a decentralized system: ln is mostly for small payment, anonymity is just extra bonus.
yes lightning is a kludge that defeats a lot of the point of crypto, but people are financially invested so they see it with rose tinted glasses.
traceable, as in trace a transaction to an individual
well, if an exchange or whatever will accept your coins then seize them you’re kinda screwed, so what’s the point of tainting your coins and potentially risking it all so that your friends don’t know your balance?
remember earnest scribbler? he wrote a joke so funny it killed you.
it is! i keep buying blow with my crypto but have no bills to roll up and snort it with... someone please tell me how to snort coke with a bitcoin!!!!
stopped reading after your first “correction”. if you think elected officials act in the interest of their voters and not in the interest of those who write the paychecks for their trips and restaurants and who give them high positions in boards, then i have some bad news for you.
it's not my duty to educate you on economics or qualify my statements. if you are interested in learning more [i have curated many resources]( to assist you on your journey. [the bitcoin standard]( is a good starting point. take care.
i need another pc to make a lightning node, i dont want to mine or spend like a ton of extra money for electricity but i do want to help... is there anywhere to get the kind of data to weigh the pros and cons of becoming a node? would it cause gaming lag if i used my crazy pc for it if i also still wanted to play battle royales here and there?
no, traceable, as in trace a transaction from its originating utxo's on a wallet to its destination utxo's. if you identify your wallet with your id, the one you identified yourself to could link your id to (one of) your wallet(s)
just use ln i guess?
just buy enough to scarface it. lay pile of coke on desk and face plant it.
> stopped reading that's mature. >if you think elected officials act in the interest of their voters and not in the interest of those who write the paychecks for their trips and restaurants and who give them high positions in boards, then i have some bad news for you. no. i think there is *some* level of accountability to constituents in a democracy. i never said this was absolute or that there are not competing interests, corruption, etc. try reading more carefully next time. and maybe do not stop after the first sentence. until then, keep being a praxeologist. 😄
lol! 1) that's not an argument 2) the author of the bitcoin standard is not an economist want to try again, noob? want to address the deflation concern? or are you just going to link to random books for lay people?
i do not run a ln node myself so i cannot advise on those things. i use eclair mobile on my android tablet. my counter parties prefer zap and blw but i tried eclair first and i've had no reason to move on.
yes once exchanges support ln in and out this could be viable.
unfortunately my btc is no longer worth enough to buy that amount of blow. i guess i will go to twitter and demand elon send me a couple keys to make up for his comments.
first point is wrong
my time is too valuable to be wasted on you, bye.
that guy is a troll. he thinks he’s got it all figured out. total bully troll. don’t waste your time.
bro, we get it. you're an armchair economist who thinks they are the smartest person in the room. point taken. 😄 and again, just to reiterate, saifedean is not an economist. he's actually a bit of an unhinged conspiracy theorist, judging by his twitter. let me know when you have actual peer reviewed sources, not popsci literature for low intellect morons like yourself.
to imagine that an unknown guy has transformed so many lives already and counting... life changing for so many people and eventually the world at large.
can you imagine the real satoshi looking at his monument saying: "mmmh, it does not look like me at all... " 😂😂😂💪👍
on one side of the globe they are burning bitcoin atm, and on another part they are celebrating the releaser of the people with a golden statue. just humans be humaning and bitcoin be bitcoining, cool times to be alive.
to artists: could you make a version of this where the face is made of a transparent material and behind the transparent sculpture of the face there is a flat mirror, so that when "anybody" looks directly at the sculpture, satoshi's face looks like it could be anybody and everybody?
i'm confused, that is not how i look
i have met people that cannot wrap their minds around someone doing something like satoshi and then wanting to remain anonymous. like if your that brilliant do not you want to become famous. i do not know if bitcoin would be what it is today if we would had all known who satoshi is.
satoshi famously played right back for the hungarian team 2006-2008, just 7 caps but quite a talent
they are hungary for financial change... ' (crickets)
i think it is a virtue that i could imagine that face as a white guy or a black guy, an asian guy, or an indian guy. it's delightfully ambiguous, especially since the name is probably fake and the person(s) might not be japanese but some black or white dude(s).
why do people put hash tags in non functional places
hungary will be one of the 1st european countries to go hard on btc and they will become very very rich again. hungary
let’s get hal finney in there as well.
eastern europe loves this guy.
the best part is the big btc logo on the front! thanks for sharing this great stuff.
where’s this exactly? looks like in a park or something.
one of many, i would drop the hoodie tho
bitcoin bro encased in custom gravestone, news at 11
missed opportunity for gold dorian 🗿
tbh., needs to be wearing a warner bros. pictures officially licensed "v for vendetta" mask (preferably purchased from amazon) for completion.
dear op, thanks for sharing. if this is your picture, can i have your permission to share it for [diariobitcoin.com]( (a spanish publication covering all things bitcoin and crypto)?
nice. in what part of budapest is it?
do we have more information on the sculptor, and the group? it’s great!
nah satoshi is an alien.
in hungary of all places. fitting, given the probable identity of one of the members of the "satoshi nakamoto" team =)
nice is hungary progressive like this, i’d like to visit some time.
big love to hungary! amazing people and an amazing country!
i didn’t know the oscar statue was satoshi?!
get ready for "bitcoin is white supremacy so this statue must be removed"
so proud of what? are you 'satoshi'?
lol. there is no satoshi. he was made up by some english speaking guy to make the bitcoin an invention of "smart asian guy".
woah this looks awesome, didn't expected this look though. great job hungary.
i bet he was somewhere in the crowd incognito...
looks like hungary gets it!
also an interesting fact, the first person that ever purchased a good with bitcoin was, too, a hungarian. laszlò bought the most expensive pizza.
why hungary care so much about bitcoin which makes them to build it ?
that is so cool
great monument, beautiful budapest but that country is full of rasist and homophobic bastards
this will certainly not be the last. perhaps the most important person in human history, time will tell.
i thought he would be featureless
yes, hungary is so great. what an amazing autocracy they have there.
that is the most racially diverse face ever.
it's so amazing how an anonymous author or group of authors could make bitcoin, which is definitely agreed to be in the top ten world currencies. all the way to the moon! i think if i made a bitcoin monument to satoshi, it would be faceless. just a fedora over a suit. invisible man-ish.
so satoshi is the golder surfer ?
sorry but that is some cult bullshit.
this is so awesome! if this continues, we'll read about this on history books a century later.
when vitalik statue plz
so cool. great country.
doesn't look anything like craig. 😂
something tells me satoshi nakamoto would find the gold rather garish... jesus christ did not drink from a golden goblet at the last supper.
guess who it does not resemble, y'all know who.
the rumor is that satoshi nakamoto is actually a secret chinese coding group and that bitcoin was developed to eventually bring down the usd.
life changing for me and my family
hungary is the eu country that everyone else should take an example.
i like it but we could’ve done something cooler and original.
i like it, featureless and mirrored glasses would be ideal imo but a great tribute to a legend
this is awesome! i would love to see this in person.
this is just awesome 👏🏻
😂😂😂nigga looks like asap rocky
thats a nice "egy" satoshi statue. where exactly is it?
cringe. worship of anything is only a negative.
why do they assume satioshi is male or not a dozen different people?
it is sexist to assume satoshi was a man…
i bet she is not happy with that!
it should be the stonks go up guy lol
damn, it really is weird al yankovic...
i do not wear a hoodie. that's mallers.
glad it looks like hal…
something something moses… 🤔
that’s nice and all and i’m hodling. but why be anonymous? people who usually want to stay hidden, stay hidden for a reason?🤔🤷🏻‍♂️
oh so that’s what satoshi looks like.
i never understand why did he had to stay anonymous. was there a threat to him. everyone is making cryptocurrency these days .
an ideology in forming stages.
it looks nothing like me!
join the hungarian crypto subreddit if you speak hungarian ;) r
they made him out of gold... thats embarrassing
glad to see balthasar gelt survived the end times
do they honor him in japan too?
<3 <3 <3 <3
anyone got a cad model of it?! would love to print my own tiny version
i thought china started bitcoin? 🤔
to me this is kinda weird
satoshi nakamoto, literally translates to "central intelligence". makes you wonder if the cia created bitcoin, to fund their black ops.
i would have preferred a blank reflection without any facial features
hal finney was satoshi no??
maybe it is just i'm white my default is to see white, but that does not look like an asian man.
satoshi is a slav lol. i love it. it that hoodie from adidas?
looks like hungary is hungry for bitcoin
funny how it looks like a white guy’s face but under it you have a japanese name
isn't nick szabo hungarian ?
is there a mini version of this i can buy?
so that is what he looked like.
the new fama fraternitatis, amen.
looks just like him.
for those who think satoshi was one guy, and not a group of people are crazy, we are like sheeps, we believe everything we read
is that solid gold? i doubt it is right
i've find out such great things about enrex and am considering of taking part in it. what can you say about this?
glad we can all now agree and lay to rest "satoshi might be a she"
“every real progress starts with ₿lasphemy”
idolosing satoshi like a god is so cringe...
rise of the golden surfer 🚀
lol, this people cannot get over black skin and homos but they allow a statue of satoshi? that's weird to say the least. hope you guys will open your mind anyway👍
for the record, i truly suspect he.
i hope this means hungary is considering making bitcoin legal tender!
its pure trash. anonymous image with the hoodie... pure trash. its something like scam. terrible terrible. 🤮🤮🤮🤮
what if satoshi was an ai ?
i imagined him completely different, not some hoodie guy
love how they did not use the crooked btc logo and used the bsv straight one.
i'm sure satoshi did not look like this. with hoddie.
doesn’t even look like him
the real protagonist from watchdogs
an we still have no clue who it is
i knew it was christian bale!
i dunno, does not look anything like him to me.
he's clearly a white, middle-aged male. that's so offensive.
looks like silver surfer with a btc hoodie.
on par with the ronaldo statue lmao
it’s honestly a trip how no one knows who the fuck this is and it was 2000’s
kinda looks like the silver surfer... just in gold
damn! i dont know who made this and put it there but im so proud too!
if satoshi is alive, i bet he’s proud of the crypto revolution he kickstarted. bitcoin 🚀🚀!
they forgot to write under b sign, nsa ( bitcoin true developers ) shakespeare never writen anything but francis bacon graham bell did not invent telephone but antonio meuci marconi did not invent radio but tesla ( real one, not this american puppet who stolen his name )
does anyone know when to start pre-ordering new talent at royaltiz?
he could’ve been a she, or a they.
imagine he is gay!!!.hungary destroying the statue because of the homophobic atmosphere there and shit .
it's seriously amazing how an unknown person made something that has kicked off a global revolution that might forever change how we view economics and finance.
this is a relic from the time satoshi was conceiving bitcoin. check out the description, it links to the time stamped origins.
cannot wait for that movie to come out
i can hear the slight lisp
omg i literally blew my hot coffee through my nose while reading this! absolutely legendary post my friend!
i think because of the resemblance to anonymus. he is famous for his work gesta hungarorum ("the deeds of the hungarians"), written in medieval latin around 1200. this work provides the most detailed history of the arrival of the hungarian conquest of the carpathian basin. he also wore a “hoodie” like this in paintings, sculptures and no one knew his real identity. or we imagine him the tech palpatine. i would like to think the second option 🤣🤣🤣
because he is a young go getter that works at a tech company.
because he used to use a hoodie now he is all suits and stuff
i thought the exact thing 😂. it’s still nice though
yeah i do not like it. it's giving the impression that bitcoin was started by some anarchist hacker. it might have been a guy who retired after working at a bank his whole life. we do not know.
hopefully the cops do not shoot him.
cheaper than having to make a whole gold head
europe will be europe 🤣
you’re right on point
that’s the idea. if you walk close by you see your own face in this version too 😊
why not just a wooden panel that’s been painted and a hole cut out and you stick your face in it like at a fair 🤣
nice! hope this comment will fly & get enough attention for the next artwork!
that's a dope idea, but i can imagine dozens of its creepy executions
you sound very focused on race. are you a racist?
kooomar in it thanks you
i pretty much doubt that haha, but reducing taxes by 50% is nice. not that i would pay crypto taxes to the asshole government.
the government has nothing to do with this statue
agreed. it's a cool place and more independently-minded. it makes them more likely to integrate btc before other countries.
you must be joking, it’s has turned from a cool and interesting place with a bright future to a proto-fascist shithole going on a very dark path. young people just want to get out of there asap.
it's definitely not hal. i really do not know why people think it is. when you look at the evidence it is very clearly not him. unless he specifically made it look like it was len sassaman or someone else living in europe who had a similar work schedule as an academic.
graphisoft park, close to the római-part.
it’s not mine, it was unveiled today and i did not have the chance to visit, going next week with my cryptohead friend. the owner of the picture is coinmixed hungary, you can share it by stating it’s theirs, to be sure 😊
here you can find the names
unfortunately i agree. but it all comes from the influence of the government, i’m hoping next election can change that! 😕 the young gen like me are on a totally other mindset i can guarantee you.
could you give an example?
i call it dictatorship 🤣 but elections are next year let’s hope 🙏🏼
nah he’s clearly a gold, looking down on the lowly reds.
time's 100 most influencial people 2021 under innovators.
the key idea is to see your face in the reflection of his “face” if you walk close to it, i think it’s nice.
the rumor is that xi jinping learned to eat honey with piglet in the hundred acre woods until the scarcity drove him mad when agent orange killed all the bees. afterwards he made an oath against the west and he swore never to be a friend to rome.
far more likely to be cia with other linked mafia creating world currency for world government.
indeed, a excellent example of what not to do.
budapest is such an awesome and beautiful city, you should visit!
you must be fun to hang out with... such a nice personality
its the super-hero origin story for btc: you can project a pure set of ideals on to an anon idol. great marketing.
yes and this - no one to go to to complain- is one of the things that make bitcoin over all other altcoins.
ofc not, it would be stolen in a day 🤣
it really is insane. we know more about influential people who died thousands of years ago than we know about an influential person who is quite possibly still alive today.
could be persons who knows
wtf is he downvoted just because of your mysogyne?
satoshi referred to himself as a guy so i feel like if we use the pseudonym then we should just go with the sex he chose as well?
this right here proves it was a man. no woman could resist the temptation of the biggest "you think only men can do things!" moment and would have come forward ages ago 🤣
oh please fuck off
cool as hell, thanks for the knowledge.
wait. so zuckerberg is anonymus?
he looks more lime the assassins creed legend 😅
i was not happy by the looks first, but the front view sure makes it worth.
depends what the occasion is.
imagine it in black hahah would be super awesome!
he was a cypherpunk. that’s practically an anarchist hacker.
someone has not read the mails
it also might have been started by some anarchist hacker. like you said. we don’t know.
face looks hungarian though. they could not make a japanese face for some reason.
i know, unbelievable right!
i wouldn't have time for the racism now. the farm keeps me busy most of the day, and at night i just like to have the cup of tea.
as soon as i said this, i thought "someone is going to comment about it being a guy" sigh
because about 95% of top it guys are men
the development of bitcoin required synthesizing a great deal of work in cutting-edge cryptographic techniques and solving multiple outstanding problems, integrating together a single working solution with no fatal flaws (as dozens of predecessors had been found to contain). the male brain is constructed with a very weak link (like a single thread) between the two halves of the brain, while women have a much stronger cord between the two. for whatever reason this enables much greater multi-tasking ability in women, while men tend to more obsessively focus on a single topic or problem. as a result, technical breakthroughs of this sort are invariably made by obsessive men with the necessary skill set and the time and opportunity to bash their head against the problems until solutions are found. (women find practical work-arounds instead.) this is why you never see a headline like "woman in kitchen lab spends 20 years perfecting new can opener." but half the men in the country have some project they have been working on for that long in their workshop or office. most of the time it is something fairly trivial or absurd or a solution to something no one needs. but every so often one of them changes the world.
there's no denying that the first name "satoshi" suggests a male, but i imagine he wouldn't mind being seen as having ambiguous gender, if it inspires more women to help themselves through bitcoin.
nav will watch your career with great interest
you may not end up with a choice
is that the case? i was wondering if this was done privately or not.
it’s cool if you visit, less cool to live in 😅
"independently-minded" --> lmao it is just a extreme right regime with a populist as leader. i wouldnt bet my btc that the government will integrate it sooner than other countries.
its not fascist enough.
cheers mate! i’m from the xi. district, but the surrounding did not look familiar. pretty cool monument by the way.
looks like a great little place, will visit. thanks!
this is awesome thanks for sharing!!
the problem is that majority of the younger generation left the country, like myself.
england win over hungary a couple weeks ago
i know this is reddit so people just respond for “upvotes”, but to be clear…...autocracies are bad. dictatorships are bad. cynicism is bad.
so peter schiff finally sold some gold to support bitcoin?
that’s definitely cool touch
take my money, seems legit
yeah, unfortunately i think the same 😅 their approach to crypto is nice but everything else is quite shit here. but the elections are next year, let’s hope 🙏🏼
why? protection of children and moral against the gender mental illness is good. it's good. protection of children against the pedophiles is good.
from now on is on my bucket list!
i'm actually visiting next week for a few days. is this park worth visiting? any tips?
it really dont matter the sex any way she or he thought ahead with no greed intended
you realize you're referring to him with a name that was not real... why is anyone so triggered by questioning satoshi's gender as well... he's most likely one of the people who has been speculated. we know the candidates... or a few working together... but no one really "knows"... unless satoshi is still alive (possibly not, 2 of the prime candidates have passed on) and reveals themselves.
painful, but i agree 🤣🤣🤣
\*was they ascended into the blockchain and are actually what makes bitcoin so secure
i was a guy for sure
it’s just an opinion, they haven’t elaborated on the look but yeah, anytime ☺️
btc:66k end of the year. coincidence?
he could be any one of us.
no hes just a reptilian that is always cold.
i feel like it is the most neutral face they could come up with and since it is located in hu it makes sense it does not necessarily have japanese characteristics despite the name which we have no idea whether is a pseudonym or not :)
how does this face look hungarian?
are you a serf?
or maybe, just maybe, we assume he is a guy because he always went by "he" in his correspondence. smh.
except at birthing children. men fucking suck at that
you are triggering some incels here.
they don’t speak english lol
yeah, the main hungarian crypto trading offices financed most of it and the other part was donations.
no need to bet your btc when you can put it to better use
here we are in the 21st century and people are openly fascists again. like we have learned nothing from its thisgusting past. shame on you.
it really does not take much research to show you are wrong. no thisrespect to hal.
hahaha i work in xi, and live in xviii ☺️
i despise racism as well but calling hungary a country full of racists and homophobic bastards is a bit of. would you like to explain how many people hated polish (eu) migrants in uk because of country of origin? would you like me to explain how i was treated (i am white) when traveling in africa (reversed racism)? is us full of racists since many do not like mexican migrants? i know that my examples are bit of but still, do not call hungary full of racists (i am not hungarian btw).
it’s the sad truth anyway. i am voting against them since i can, and all my friends, colleagues too, but they still have the lower educated and the pensioners voting for them. opposition seems strong now, so i hope it will change. you can image i am not enjoying living in a system like this.
in all seriousness, the rumor would have had more traction had the ccp not intentionally cracked down and scared all the miners from china and wiped out their growing monopoly on the hashrate.
hi could you please give some details as to their laws regarding taxes on crypto? i have looked but not found much in english. thank you.
it's a borderline autocracy, has a corrupt government that controls the media, leeches of eu money while hating eu, wealth inequality, xenophobic, bad women rights, etc.
if you are a crypto enthusiast then sure ☺️ steve jobs is also here. otherwise chain bridge (but unfortunately it’s under reconstruction, the lions are missing 🥲), st stephen’s basilica, heroes square, the castle district, the main market, váci street, pest side of the danube banks, parliament, the great synagogue, the funicular (leading you to the castle) and ofc the ruin bars in district vii.
yeah, i could not tell either way. i guess the same would hold true. i feel like it was one person who was in a community who built off a lot of other people and lots of others got involved early. i feel like the others that came on guided it better than "he" actually would have too. crazy how it all worked out
just a small note, the word you're thinking of is "alluding". eluding is hiding from, such as "he was eluding the authorities". i only say it because i was very confused about why they were hiding from the possibility that satoshi was a composite identity 😝
i feel it was a low effort comment.
why would you think i did not know that and how was i offended? i'd reread my comment again
i love this! gives me so many ideas for fantasy characters!
fuck, even me? do i single handed pay get drunk and invent bitcoin? at this point i think we should all just agree that that is probably what happened.
pretty sure it is a pseudonym. the real satoshi nakamoto stated expressly that he did not invent bitcoin.
looks exactly like my ex boss when i was working in budapest.
facts do not care about your feelings.
i do not know, i'm just glad bitcoin does not care about any of this
i’ve only one thing to [say](
you are too weak to understand, youre not a true hungarian.
good. please say hello to that lovely place. i live pretty far away now, but my heart is always there. hopefully change is coming to hungary soon. fingers cross for you guys.
i definitely will. hungary will be a better place to live. it is inevitable. till than, keep it up, buy the dip and hodl!!
i think op is from hungary. read her.
that was to protect their economy in the long run, to insulate themselves from the coming apocalyptic crash 😆
it was 30% of the profits earlier, now it’s 15%. but only if you state it voluntarily 🤣 they cannot check your wallets or accounts. i get my salary to my hungarian bank account but i immediately transfer most of it to revolut and from there to crypto.com. if i become a millionaire ofc it’s can seem suspicious but with the “normal” amounts of gains you don’t have to worry.
excuse me, but it is even worse in every other eu country.
you said "satoshi referred to himself as a guy" that in itself is presuming a lot. the comment you're responding to, had -25 votes when responding... (that responder could have totally been joking)... hence the "why is anyone triggered"... i would have no reason to reread what you wrote, but... thanks.
maybe he is satoshi 🤯
i have a feeling you are just trolling but you can never be sure with fascists. 🤔 have you ever wondered why it’s such a internationally hated, depressing, gray place with only fear and loathing, no fun and progression? go look in a mirror and you might realise why. also your colleagues old idols (the northern european nazis) would have sent you all to annihilation camps, to them you are just worthless, dark untermenschen. maybe good for their work camps. it’s a horrible realisation, but true. must be extra horrible for you to know and must just boost the self loathing.
köszönöm 🙏🏼 if you still have the right to vote from abroad please do it 😊 where do you live now? i would leave too, but i am an only child and my parents need me. they don’t speak any language unfortunately.
have you tried out other options apart from just buying and hodling
ironically, given china's volatile stock market forcing it is investors to put faith in real estate, then evergrande wiping out the real estate investors there too... their money would have been safer in btc.
thanks for the info, when was this change made i've been looking for a couple of months now. 😊
do you think that after all coins are mined the truth will be revealed?
how is that me being offended? in the forum he had male as his sex. i’m just stating a fact. i didn’t downvote any comments, i was just trying to add to the conversation.
yes, his ex boss. he "moved on to other projects."
northern european nazis literally helpped hunvarians escape communism when the russians came in. but keep beleiving the propaganda
i guess you can translate this article with google translate to get more info :)
they saw (and still see) the eastern europeans as work force and will exterminate all when no longer useful. sure that is only propaganda, lol.
can’t imagine what’s going to happen when it gets to that time.
the communist governments in those countries do yez.
i don’t know what you mean by that, i am talking about the nazis and race conspiracists. just look at modern time photos of hungarian or polish fascist demonstrations or party events. it is pretty hilarious to see those guys and what they look like when you know how they would be ranked. hilarious and tragic, that’s what i mean with self loathing. for the nazis (as sick as they are) they are total genetic trash.
i wish they would fix their customer service. everytime i speak to support they tell me to hold...
well as vice president of bitcoin i would like to thank the team for a job well done.
well if it is from the big guy himself
i support satoshi's policy of increased prices
will he also declare a buyback?
[price of a sat keeps rising!](
must be a shortage . waiting on the ship from china to unload
i think the picture comes from: [ just for fame attribution (:
love dorian nakamoto. he's obviously the true satoshi.
this is an outrage !
i salute this meme!! too good.
give this dude more time and resources
is he increasing bitcoin or decreasing the dollar?
this is gold. actually lmfao
stupid chip shortage inflation makin everything expensives. 'm stupid
im investing in this meme
in this economy you cant affort not to increase prices
we are all the ceo of bitcoin on this blessed day.
this is gold...erhm bitcoin.
why is not the sec doing something about this??
i guarntee you , 1’t question this.
i just hope they do not print more bitcoins
be careful - probably 90% of the world would believe this to be true
i cannot comment, since i am a member of the board, and we have more meetings scheduled, but so far we have all voted that we need to raise bitcoins price, we just cannot keep up with demand and this halving business is not making things any easier... suddenly its become posh to have 5% exposure to crypto holdings and bitcoin is the one most often chosen. how did i become a member of the bitcoin board? i bought bitcoin and i became a hoddler. yes you and i are bitcoin and i have decided that my bitcoin is worth more than what the current price is at. thank you, feel free to ask questions. "i pa pa parraa pa pa pa, dingla dingla dingla oh, i pappara pa pa pa ra, dingla dingla oyhhhh..."
😂 i would like to speak to the manager of bitcoin please
no way! they've risen the price like 500% already this year! it's like they know we have no choice and will keep buying anyway. ugh!
thank you, mr. bitcoin.
“our hand is forced” - lmao
poor dorian nakamoto. who knows -- maybe this has all worked to his advantage.
all i heard is, "bitcoin go vroom, buy more."
i knew this would happen once it gets popular.
anybody know if bitcoin is hiring?
as a bitcoin shareholder, i approve this
ill just buy the generic brand then!
their app is buggy. last time i transferred my btcs to the punjabinoviruswallet , and now i cant find it in the app store anymore at hd6d627kwjeud11vw6.onion. and the customer service doesnt work. thats kinda sus when you ask me.
omg! 😭can’t believe we won ! thank you satoshi nakamoto and bitcoin team ! ♥️ keep up the great work. 💪🏻💪🏻💪🏻🚀🚀🚀
the bitcoin fuel for my car is more expensive this morning. gosh darnit, its true!
the most “i got this” ever
damn this presidemt of bitcoin guy. we should make our own currency.
its only a matter of time before the board replaces this mad man ceo... more like de-ceo
please keep these memes coming. i need them.
i’ve gotten three corporate memos since 9am. this is no joke. the boss is committed.
post it on facebook and see it go to 70k, most people are crypto oblivious
strong performance last quarter. i enjoyed the earnings call, when satoshi went through the 10-year vision for bitcoin. bitcoin shareholders should be happy.
send those screenshot to my friends, they said: "knew it was a scam" 👀
my satoshi! i mean, of all the satoshi suspects, this one is my favorite.
wait a minute. that’s not the wallet inspector.
you had me giggling. thanks
this is the funniest shit i’ve seen all day lol
i want to talk to the manager because i got into a boat accident
son of a bitch. now bitcoin is at 67k, how am i supposed to accumulate?
i bought a bitcoin in february and i still havnt recieved it in my mailbox.
are you kidding me? the price of a bit coin is already so high. i wanna speak to the manager of whoever’s running this operation
i’m glad he did. it’s hotly desired and i think he’s safe to raise it to 288k minimally.
fack, think of the children sir.
nice! when he pays me back the sats i sent him will be lambo time!!
the central banks are lying about a mere 4% inflation. bitcoin ceo was quoted "... 150% btc inflation rate going into december 2021...".
i like him tbh lol
this took me a half second too long for it to sink in.
10% held by h for the big guy
this is going to confuse so many people... :)
it's funny because it is what always happen in fiat currencies. "central bank is considering hiking interest rates". everyone: omg buy buy!! and now:
team hodl next wednesday.
there’s going to be a squeeze! let’s buy en mass in a coordinated reddit army and force the hedge funds to have to rebuy at higher and higher prices to cover their positions! apes rule! down with corporations and wall street! oh wait…let’s just buy and hold. yes that seems like the much nicer option to invest my cash in.
i guess i’ll dump 50 of my 2,000 back in to the mine field. time to reap my patiently awaited rewards. dubai here i come ! 😎🖤🤍
but...but...mister natoshi sakamoto, i thought that bit coin were decentralized...like tether!! xd
they changed the terms and conditions.
if bitcoin had a customer service for some reason i imagine them dressed like the people who run squid game.
lmao... you guys are too much!
we should impeach the ceo. he does not have bitcoin's best interest in heart anymore. let's thiscuss it in the next bitcoin's board meeting.
- and i thought the news couldn’t get dumber
fuck this makes no sense lol
!lntip 1000 this is the content i come here for. fantastic work of art.
you might have caused a very small dump.
but i did not said anything
the increase in price is the one thing but i am here shocked that here is a ceo for it.
ceo's hand is forced because bitcoin is pegged to the moon.
as a shareholder, i’m a proponent of this. bonuses all around!
oh well, nothing we can do except listen to the elites.
not good. people might actually think there is a ceo
well ok if that is what needs to happen.
darn, what can i do except keep buying.
the question we are all asking is how far will the prices go. and how can we predict better the price swings.
no need to raise the price, just mint more.
i’ve heard rumors amazon is buying bitcoin and will start accepting it at whole foods. now a dozen eggs will be one btc
i saw this meme a few days ago, where's it from?
nakamoto looks tired of all the fud in that picture. let the technology evolve for fuck sake!
bitcoin ceo: new ath is coming, just hodl no matter what.
i hope they split the price 1:1000
thank you satoshi nakamomoney!
on a serious note though, i wonder who is this guy in the footage?
should not we actually be angry that the prices are going up then?
they didn’t tell me who was the founder.
lol. ceo of beltcoin!
well, he has to answer to mr. bitcoin so…
who is the ceo?
how can bitcoin have a ceo, if it is not centralized???
i never knew, i never knew... is he satoshi nakamoto?
well duh 🙄 and he should say where is dr. wright any hoe ???
did somebody say robin hood ??
what does this mean tho ?
how much btc does warren buffett own ?
oh no! satoshi, why you do this? please, satoshi, please please me, like i please you.
i think they need some space in the crypto market and getting high.
someone is going to see this and think it is true and say "i'm definitely not buying any bitcoin now"
have you stumbled upon metavfinance? any predictions?
we need him again
this is quite thisrespecting
damn biden and his inflation
again, how much btc does warren buffett own?
lucky you, everytime i speak with their customer support in telegram they always ask me for my pass phrase to be able to help me
i read this, left, came back and up voted. nice.
if i had that lightning tip app... you deserve to be paid that gem
sent my bitcoin to the wrong address and now i want to speak to the manager because bitcoin's system is complicated af
i think you misheard. we (customer service) tell everyone to hodl
i once called support back in 2013, they told me to hold, max i could hold that was 3 yrs, then call dropped, i wish my call was not interrupted
just call the central office, they always pick up.
weird, they tell me to hodl instead.
hold is all i know how to do.
you did good today. go forth and rest.
totally. and they all have this accent. it sounds more like hodl than hold.
you're supposed to hold, they are doing their job perfectly
they tell me to hodl! idiots.
damn right let us hodl
and everytime and you show patience to hold, they thisconnect. i feel you.
my god that is a bad joke... have an upvote...
first laugh on this subreddit in a long time. thanks. !lntip 500
but do not you think that this is everything they have in the answer?
the bitcoin is not for small fish like us it is for whales and we are just giving our money and our time and they are making profit from it
as the president of the board i can attest this is true. the price of boards have went up significantly.
we are all vice presidents on this blessed day
so you are the one john wick is looking for in his fourth movie.
shiba-inu for president 2021
well it is from the god itself* correction is necessary. lmao.
increasing prices will only increase demand. itsa good bitcoin company-wide decision in my book
really. a couple layers here. suggestive enough for me to click just to make sure it is a meme and not something with wallstreet.
like one drops to other and the other drops to the other and then it continues.
i'm waiting to get in. only buy the top.
while mortaging the future of the enterprise to pay for it?
are high-res images of dollar notes without any "specimen" mark allowed in the u.s.?
china's out. gonna be a long wait.
we should just open our own bitcoin factories in detroit
can't we say he is doing both at the same time? lol .
this is actually g(old). peace is where it lies within.
source by which you would be investing let me make a way too for investing.
in any economic sector you should always be prepared with an increase and decrease.
all the ceo's of bitcoin be feeling rich with 69 others.
this is... an inflation hedge?
what do you except from the sec? what should they do?
lol they are already into. maybe it is too late. i guess lmao.
nope. they announced they will be tapering the new bitcoins coming into existence. sounds like a healthy thing to do! and they will raise gain rates, which is also nothing to scoff at!
that's when a team comes up with a huge and justified win. great work kudos to the team.
how's waltonchain doing these days?
lol the fuel price is also on hike in my country cannot afford. cycle is on it is way.
never ending and un stoppable memes that is when you find something good to start up your day.
certainly at a point it will rise above and what we expected from btc will surely pave it is way
it’s a joke lmao
there's no static way for price predictions depends on the market and it works accordingly.
lol. was a genius though in his work can neglect that.
which price are you talking about? like i did not get you.
i got a look on it today. lol the meme is hilarious lmao.
a guy named "dorian satoshi nakamoto". some idiot journo decided he is satoshi and hounded him. sweet guy.
you've missed several jokes here.
i think it is going to the moon. the token is deflationary by design, coingecko and coinmarketcap listings are coming soon, as well as the rollout of ar and vr products. so far, they’ve had a good start blowing up 5000% at launch and have a long way ahead.
so, you did not whitelist\* your wallet? you never know what you are missing out on ;) \*for the beginners - never ever send your passphrase to anyone - not even your mum!
so the question is did you make them have your phrase?
ι upvoted that guy because i read your comment
why did you leave? good to have you back!
any valid reason or explanation on why you left still came up again and voted.
you are on a bitcoin sub in reddit . you have the tip app !lntip 3000 test it yourself
they got a fucked up customer service think twice before you contact them. my issues are still not solved.
the karen of bitcoin, also known as alts.
if you would have holded you would probably now a billionaire and may not be among us.
if you are talking about screwing you are correct.
ain't no patience in this generation they want what they want!
as president of the inner machinations, my mind is an enigma
as board of the president i would like to thank everyone for their hardwork.
someone out there will have this sent to them not explained then they will buy btc thinking the prices will increase and its easy money. make a shitton of money and then be blow away when they realize the truth lmao.
that's when you king size burger with multiple toppings in it. but is still a burger at last.
is just a number stop waiting that would result you in an absolute destruction.
just for a personal info when we mortgage something do we need to pay any interest for it? like monthly, weekly or yearly?
who is going to stop you? fbi isn’t going to kick your door down at dawn for a jpg of a dollar.
fair enough if waiting for china i would be a solution i would have gone on a world tour.
like the original post, appears to be sarcasm.
they can send their ceo?
ha! i had not known that. i just looked it up. now i do not feel bad for him. sometimes the cosmos reveals that it has a good and generous sense of humor.
i hear they are still winning contests they create to this day
btc from 64k to 67k, i guess he posted it
obviously. i'm still trying to figure out how another imaginary money became worth so much. lol
buffett gets me unnerved. his position is based on a " little" experience.
i also choose this guy's comment
i upvoted you because you upvoted his comment. the circle continues!
yes. slow, diamond hands my brotha or sista.
good to be back with btc reaching ath today!
maybe he just felt the need to go, the community is thankful enough that he is back.
because it took my brain a solid 30 seconds to realize how amazing that comment was. just hodl baby!
hi u, thanks for tipping u**3000** satoshis! *** *[^(more info)]( ^ [^(balance)]( ^ [^(deposit)]( 10000) ^ [^(withdraw)]( put_invoice_here) ^ ^(something wrong? have a question?) [^(send me a message)](
so if i just type !lntip 3000 then 3000 sats magically move from... ???? into your... ????? i have not set anything up
lol, good one lebron. hey, i'm betting against the lakers for the next week. can you just throw those games for me? thanks!
my dad dropped the call, i still regret that day
that was a smooth chain of memes above i see. unstoppable.
as a woodworker i would like to thank this board.
as the board of the board i am now just a piece of wood.
yeah like learning with ownself and with each other will help out to take out the pros and corns.
they really are keeping up the great work, then. good on them!
>ah that’s fun not even to your mum aha, out of curious what’s her maiden name and the name of my first pet? :)
thanks for the lightning tip. done.
as a board worker i would like to thank my wood.
as the assistant to regional manager, i approve this message.
appreciate it. difference does work. thanks.
the year you graduated college?
no more bitcoin left in china, all the mines are closed
the above comment was stolen from [this one]( elsewhere in this comment section. it is probably not a coincidence; here is some more evidence against this user: plagiarizedoriginal ------------------- [nooooo rip bro you were one...]([nooooo rip bro you were one...]( [teacher na marcos loyalis...]([teacher na marcos loyalis...]( [he said “let me just writ...]([he said “let me just writ...]( beep boop, i'm a bot -:] it is this bot's opinion that []( should be banned for karma manipulation. don't feel bad, they are probably a bot too. confused? read the [faq]( for info on how i work and why i exist.
must be a force from tesla or another whale trying to manipulate market although bitcoin is gaining heights
!lntip 1000 either retip or withdraw eli5 version for withdrawls – 1) install breez 2) in breez click receive > receive via invoice and type the amount of sats you want to withdraw and get the lightning invoice and share it to yourself it should start with lightning:... 3) in reddit click withdraw next to my tip paste over "put_invoice_here" the lightning invoice so you should see this in the message body of the reddit message !withdraw lightning:... where ... represents the long string of characters than click send 4) you should see the funds instantly and a reddit message from the tip bot saying "withdrawal of …. satoshis successful!..." fee was 1 sat or a small fraction of a penny
as the board wood, i would like to thank this work hard.
as head of the tree growth movement i want to thank the trees who gave their wood for the formation of the the board that will lead us to a prosperous future
as the sole member of the validity comitee, i am officiating all board members who are now just pieces of wood.
mercedes benzo 2000, why you guys asking?
place your thumb on the tape yeah the sticky part
after the tip, anyone can move that is satoshis to another wallet? (like electrum or something else)
i have no idea what to do with this, lol. but thnx
even as a bored lad, i would not want to work hard
so you are the board wood, i need you for my canvus support.
as a sane person, i think you guys need to get laid
mercedes benzo is an awesome name for a cat!
that's next level :-)
!lntip 3000 where do the sats come from?
sure, thats what the instructions above reflect. any lightning wallet , and yes electrum is also a lightning capable wallet other wallets
as the executive vice janitor i have no clue, i just work here.
hi u, thanks for tipping u**3000** satoshis! you did not have enough balance, you can pay the following invoice [[qr]( "generate qr") [uri]( "generate uri")] instead. *** *** *[^(more info)]( ^ [^(balance)]( ^ [^(deposit)]( 10000) ^ [^(withdraw)]( put_invoice_here) ^ ^(something wrong? have a question?) [^(send me a message)](
**what? get back to work, we're not done yet!**
who are you? you do not work here!
? dude, i work here, i hodl! comprende?
"bitcoin falls below . the end is near for crypto"
don't buy bitcoin. [you know it is gonna crash](
i love how the news source is more mainstream each time.
that’s really interesting. if history repeats itself i can’t wait for the next few cycles. i first heard about bitcoin, and still have the emails taking about it, in june 2011 but felt it was too difficult to buy at the time. plus it crashed from .50 to .01 and if i had wanted to buy anything on silk road i would have had to buy thousands and thousands. i’m a sad sad idiot.
each news history is 4 years from each: 1. 2014 -> 2. 2018 -> ,000 3. 2022 -> ,000 so ,000 will be on 2026
"charlie munger buys bitcoin for the first time at ,000,000"
let me fucking accumulate before we get there! i was late! okay?
2014 = 400 - 2018 = 4000 - 2022 = 40000 - 2026 = 400000
bitcoin falling up ever since?
"... moral of the story: don't buy bitcoin, because you know it is gonna crash!"
oh yes, give me more of this hopium, i need it today.
i cannot take all this risk! i am going to be so upset when it tumbles below , dang it
jeff bezos dumps 10 bitcoin as it plunges below 4 billion.
8.4t mcap? pshhh peanuts 🥜 i have no doubt in feds ability to continuously print dollars. 8.4t will be a drop in an ocean by then
i’m gonna back you up on this. also i just really want to flex about adam back replying to me. me tweeting about bitcoin going under :
in 2026… looking at the pattern
russia is pushed out of swift. the petrodollar thissolves. the dollar wanes as world reserve currency and is replaced by a basket of currencies. btc becomes a part of the new world reserve currency or becomes a proxy to numerous countries worldwide. btc =
i love how the media outlets are getting bigger too like who’s reporting on it next time? god?
shaka, when the bitcoins fell.
nice and innovative website ta - the best i've seen so far... 😁👍 so basically every 3 years we see a new ath and the 4th a consolidation around 10x the surrent price... 😜
it's so funny. for me, when the media is saying that bitcoin gonna die it is the biggest signal to invest some more usdt in bitcoin lol.
2014: falls below 2018: falls below 2022: falls below >!2026: falls below !<
look at the timing... 2014, 2018, 2022. so i guess we'll see your headline in 2026.
see y’all in ‘26
it’ll be called a bear market lol
but up how much from the all time low?
bitcoin has exponentially increased in value i’ve the past 10 years, it’s dead
when btc falls below 4 mil. 😂
smile and wave boys, smile and wave.
so your telling me if i invest ! i can be a millionaire in 12 years!!!!
there seems to be a pattern here…
remember this guy "its going to zero!!!!". he should say instead "its going to have many zerooooos!"
and it is pinned to bitcoins 4 year cycle. shits predictable as fuck, so please no more "when moon" posts. 2025, 2029, 2033, etc...
so if it gets to ,000 are you all going to say it will get to ?
bitcoin is designed to go up forever.
is this supposed to convince people this is a good medium of exchange? so far it’s just proving people wrong that a financial instrument become more valuable over time. it happens to amazon but i don’t see it’s growth as a sign that amazon shares would make for good money.
the pertinent question -- and i do not see it answered on the faq; [the question closest to cbdc]( says merely "we can offer no guarantees" -- is whether governments will criminalize it, say, to favor a new international sdr-backed cbdc managed by the imf. to give an analogy (no, i'm not equating the two), cancer can grow larger and larger, and can grow exponentially, until a surgeon abruptly decides to cut it out of the body. similarly it does not matter if the price goes from 400 to 40,000 -- indeed, the very price of it, like the size of the tumor, may *cause* the government to criminalize it. then, if we cannot move to another country where it is legal (as long as they do not jump on the imf bandwagon), ... what social mechanism does the bitcoin community have to prevent, or what economics will prevent, the rulers ("politicians") from criminalizing bitcoin? (past experience suggests, at least in the usa, it is effectively impossible to vote them out or to reverse legislation they prefer.)
strange... cant get a google graph of bitcoins value that goes further then 2015...
cant wait for your next 2 posts 😂
oh yes i had to accept this. its implication is not good for the world though. i am not a true believer in btc, my mates are and for that i can be thankful; their influence prevented me selling it all over the past half decade. i didnt get to retire like them but i did very well and still have some left. i can tell you this gain sits very badly with me. most people are like me, they were in this space because they thought they could profit... from... nothing productive. that isnt good, its a kind of rent seeking on capital assets again (im aware its a bootstrap process for adoption as currency, but the attitude is just like the late 80's attitude from stock brokers) i used to rent my spare rooms, and then the whole house. i did well from that too... and the whole time the fact my tenants were paying me to use a space i was not using seemed utterly wrong. i think after a year, perhaps two, i should be obliged to sell to people living and working in the area. i went off travelling, funded by a string of people treading water working full time. well my gains in btc feel the same. true believers pat themselves on the back for their vision and success, and for some at least thats true. but, just like gold, the amazing rise in exchange value is a concern for whats going on with the wider economy. there is the famous saying about gold, something like 'invest 10% in gold, and pray it never goes up'. if btc is at 400k most of that will be a crisis collapse in the value of fiat. thats not actually a world you want... even if you think you do.
okay boss, i will continue to hold riot.
goddamn financial media loves to use the word tumble when they are trying to spread fud
it’s almost as if its a pattern
ahh, love the scary fake media.
man they just keep zeros do not they 🤣
this is an awesome montage!
i've always been afraid of bitcoin falling below . that's when i would start to panic for real lol
thanks, inflation... ' c'mooon, 2026!!!!!!
i really like this kinds of downs
they're all 4 years apart.gonna start my time machine and land in 2026
don’t worry, with inflation, numbers go higher
how do i buy a pizza with bitcoin knowing that the bitcoin i used to purchase it can go up and be worth more.
when will that happen
some poor sob commented under all these "told you so!" because he sold when it dropped below .
jokes and jokes and jokes
bitcoin at 400, those were the days.
it never, at least, fell below , if memory serves.
when bitcoin hits and falls below 40m that’s when it’s a lost cause clearly!
4 more halvings and we'll be like, mars news: bitcoin falls below 400,000,000.
2014, 2018, 2022, ?
well, we are waiting for an article in 2026 about the fall of bitcoin below ,000.
see you in 2026 then
lol next round: 400,000
the function signature on the media output is the most interesting feature over time. they always spin the observations the same way, to support the same narrative structures, attempting to use their position to undermine the real currency in favor of the fake currency government debt notes, trying to create a negative impression for the dumb downed consumers they always assume are ingesting their status quo paycheck driven inanity. is that good enough, you stupid bot?
2026. 4 yr increments...obviously.
maybe 4 years in soon look. 2014 => 2018 => 2022 => 2026!!!
if it reach that number, i have to say it fails one of its intended design... (no longer a currency)
good find for the articles. i'm a big bitcoin believer, but one thing to keep in mind is that bitcoin will never have any "burns" or anything like that. it's a consistent formula up to 21 million. so, at ,000 it is . ,000 is .1 trillion and . i realize this is just a fun "to the moon" post (genius me bought bitcoin way less than , way, way, way too low) but my guess is that it accelerates past .
when bitcoint falls below the 400 million mark…
it is quite likely that a bitcoin price crash will result in a correction in their prices as well. it is also certain that the vast majority of cryptocurrencies that populate the current listings will thisappear
falling all the way up
i see this kind of news back then after we reach a new ath.
bitcoin crashes to below - bitcoin is dead!
when your rent is ,000 a month
could use these as art. actually brilliant. just add one everytime.
each 4 years apart
it is always falling :)))
and never forget about tasks "bitcoin falls below 4 billion usd". maybe not we but our children's will see it
just a matter of time.
when btc falls below .
this shows the crypto has increased in last 5 years, and 40k looks good for now
lack of trade thiscipline is the primary reason for intraday trading losses. it is estimated that nearly 80_85% of intraday traders end up losing money in the trade market
some people think when bitcoin falls below 400000, it is gonna crash and this is going to be the end for crypto but it isn’t. crypto market has a bright future.
falls below 'm backing the truck up and scooping up... and then i wake up 😉
fuck you it would not go above 250k
bitcoin ia gonna [craaaash](
“after falling below , peter schiff declares bitcoin dead.”
the question is, when bitcoin is , how much is a big mac? ,000?
my god i wish that would be a headline.
these headlines really put it all into perspective. this is my anti-anxiety drug
"bitcoin goes to zero. bitboy says buy the dip!"
i am in shock every time bitcoin drops under ,000,000
people like you are really afraid of chaos
they didn’t state anywhere the end is near for crypto. but i guess you want to read that 😂 the headlines are pretty objective
it means, most of the bitcoin has been mined and price will go high
the end is near for fiat\* ftfy
yes and another time...
man this needs to be updated with at least two more crashes.
some retard on r
yeah and that has helped in adoption as well, with good source
i think it will crash with stocks as many many ordinary ppl get panicked and pull out. however, that is a phenomenal dip that will be the best opportunity for this sub and those who started following but kept saying it is too expensive. that said, even buying now and not waiting for a dip will reward you many times over in a few years time
damn, imagine buying btc for .01 nowadays
i’m here with ya. now all my weed dealers from college are retired 😥
i spent over 400 bitcoin on tsr in '11, between & . great mdma and acid, no regrets. i think my actually using it helped people realise its value and contributed to its success.
that is some expensive nose candy people bought on silk road lol. people looking back that they spent 400k on an eight ball. haha.
don't be sad now, look at the bigger picture till 2026
it's almost like 4 year cycles.
so 4 years on from now on... that's fine, will concentrate on finding a nice wife meanwhile. time to ignore the price for 4 years. but shit when i buy every month i see it anyway.
i get well meaning calls from friends when they see these stories on the news. a very close friend and brilliant guy called me yesterday to tell me that the government was going to ban bitcoin over russia. i do not bother trying to explain things anymore. i spend every waking hour following the news and charts. just to make sure my premise is still solid. i do not try to help. they will find out on their own. i succumbed to naysayers back in 2014 and made the worst financial decision of my life. i did not have the depth of knowledge and understanding that i have now. i was lucky in 2014 when i stumbled on bitcoin and made a few bucks but i had no idea how lucky i really was. not being cocky or bragging but i do feel like the smartest guy in the room now. you are not going to ring me up and tell me anything about bitcoin that i am not aware of but appreciate the concern.
don't forget, these are the lows that they are headlining. can't wait for bitcoin to fall 60% to ,000
>so ,000 will be on 2026 after reaching , the year after the halving.
if this turns out to be true, how much bitcoin would i need to purchase right now to be equal to 1 million usd by 2026?
or 2025 as we crossed ...
i hope so! i buy . i do not check the balance or anything but it was worth around
that's a 77% apr. not too shabby.
good, i'm feverishly staking sats daily. not ready for the next halving anyways.
i cannot wait for 2030. :d
i will wait until 40m in 2034. that is about when i was planning on retiring anyways. taxes are going to be a bitch.
> *early adopter* "charlie munger buys bitcoin for the first time at ,000,000" at least he didnt wait till it hit 40,000,000
well, this will show why you should have bought bitcoin in 2022
>\> same problem, i am praying it will stay at 40 k or lower for few more months
the question becomes what the ultimate daily transactional price will actually be. buying 1 mbtc seems like a little now unless a meal will ultimately cost 10 microbtc if all society uses it ...
you're in before the general public, i think you are early
i've been here since 2014, still have not accumulated enough. i do not think it is possible to reach "enough".
everyone here will accumulate who can keep patience for the long term
that's some good prediction, and i hope for same, 2026 looks good
it should don't buy bitcoin at ath, because you will not be able to hold dump
bitcoin is giving me good hopium today, it is going up and alts following it
i hate that i was alive and had some spare cash around to buy beer with but didn’t buy bitcoin then.
his eyes open wide.
"it's going up forever laura" -michael saylor
depends on how many financial instruments it will replace. if it is only gold then 400,000 usd, 5,000,000 if it also takes down sovereign debts and 10,000,000 if it also takes down the stock markets globally. after that it could also take down real state and get up to 25 million. if the replacement is anything like the information dematerialization (i.e. youtube, facebook, twitter, etc. replacing traditional media like newspaper, radio and tv) then i think it is final price will land around 5 to 10 million, mostly because while real estate is a big financial asset, we still need places to live so the prices will only go down.
you skipped a few zeroes there.
gold was illegal in the us from the 1930s up to 1970s, that did not make gold go to 0 in value. if you ask me i think bitcoin will have a multinational ban in the near future to try and stop it. after about a decade the same countries will start to buy as much as possible as a hedge and make it legal again. that's when bitcoin will set itself as the world reserve.
well someone with 10000 bitcoins today probably has a lot more clout now than when it was worth 0.01 so they may object.
that was the good price point to enter, unfortunately i missed it
people will still buy bitcoin at 40m, and then they will book loss
that's a good price point to take entry and hold it till 400k
i am thinking how high we will go after mining of 20m bitcoin
i can see some good patterns here, waiting for 2026
yeah and that article will be full of hopium that bitcoin will cross 500k soon
yeah every 4 years, there is always a resistant to break, next time it can be 400k
400k will come in 2026 for sure and that round will be super bullish
shit i'm selling the truck and everything i own if that happens.
“bitcoin is going to zero after falling below ”
“gold just crossed ”
"gold rises 10% to ,700 as bitcoin tumbles below ."
forgot the other half... "gold is set to breakout above "
"meanwhile, gold has skyrocketed up 1.2% to an all-time high of ,100 per ounce"
don't worry, bitcoin is not dead, and it will get better and better
>*“after falling below , peter schiff declares bitcoin dead.”* price of gold bullion will be .
this is going to happens everytime before market goes up.
maybe it is time to buy and hodl some mcd meals? i heard in russia they mooned 1000% in just hours few days ago.
better affordable than today.
loaf of bread will be ultra inflation
this is only temporary, so as the currency falls below, it is an opportunity to buy in large quantities
will still want you to buy houses in cash with no debt? lol
guy is a sleeze ball.
craassshed...all the way down to...
i would sell everything in my place and buy
buying at 0.01 and selling at 400k, just a good imagination
somebody should look into that. maybe there is some sort of a pattern that can be identified...
so crazy right? wonder what might cause that
it's like poetry. they rhyme.
yeah and every four years there is super bullish cycle, we all wait for
"the best time to ignore the price of bitcoin is 4 years ago, the second best time is now."
i just get weekly notifications that my deposit cleared. i really only see the price monthly when i consolidate to my hard wallet.
it will be much easier to find a wife *after* btc hits 400k
i had the btc news articles up in 2008-10, had a new computer. never mined a single coin... just played wow... then later on i had kids around the time it 'crashed' to 10k from 17k and i started buying in, doh! been a nice run. but if only i had started earlier... i guess that is about everyone here though.
lol, same here. it's occasionally fun to listen to someone with very little idea of how bitcoin works try to explain it to someone with zero idea of how it works. overall, all i got from advising family to buy bitcoin is that occasionally someone will tell a random friend that i own bitcoin, and i have to tediously explain how i lost it all in a boating accident.
why even follow the news if you're so sure of bitcoin? is there any forseeable thing that could cause you to sell everything?
every waking hour? my guy, you gotta also live although i’m sure your on the way to being very rich
yeah i could imagine that -- million dollar bitcoin in 2026, wow then having it tumble 60% to - maybe!
> can't wait for bitcoin to fall 60% to ,000 the sub would be in suicide-shambles. again.
i am 100% agree with you
isn't it weird though that you have to buy in "early" if it is going to totally change the world for the better? i get the fomo of missing out on potential wealth but how is this different than trying to get into the real estate market etc?
yeah and then it should rise slowly and steadily, aim for high
you just summarized my relationship with btc and trac lol
my expectation is that the buying power of my bitcoin in *x* years will be about the same as the buying power of the fiat that i bought it with when i bought it. i do not know if that is true, but since i do not have the money to buy a life-changing amount even if it does moon, that is all i expect.
it's not that you do not have enough, but that you do not strive for it
if it makes you feel any better, you would’ve sold the minute it hit . and . and so on
> i hate that i was alive and had some spare cash around to buy beer with but didn’t buy bitcoin then. yup, i had money and awareness of btc, yet i wasted ***countless*** hours arguing about religion online as my main thistraction. so dumb. now i never talk politics or religion. i just buy btc by farming fiat :)
i feel even worse because when i first thiscovered it it was .
yeah, i do not think everyone realizes there is an asymptotic ceiling for every speculative asset. i also think we're a lot closer to it than folks in here want to believe.
> after about a decade the same countries will start to buy as much as possible as a hedge and make it legal again. that's when bitcoin will set itself as the world reserve. ooohh... that is fuckin' poetic.
what do you mean? why cannot they pass legislation to tax(again through irs enforcement)?
i bought and sold at 1000...yeah 😢
"it's closer to zero than 10m"
guess what will happen if bitcoin will reach to point zero.
“bitcoin. more like shitcoin. i’ll be wearing a suit and tie as i watch the free fall of crypto begins”
more like “gold still holding strong at , proving its store of value.”
its funnier when they tell me silver is going to hit four digits.
gold is still having good time in market, and it is entirely dependent on demands
“meanwhile gold has real world value, you can touch it, computers use it”
gold and oil will continue to rise, so cryptocurrency will not fall. don't worry about buying in large quantities
thats great idea. dron delivery... you little rippaaa
>buy and hodl some mcd meal burgers are worthless after a few weeks, they age like milk
don't forget buying mutual funds instead of crypto so you can work a job until you're 65
you are not alone we all think in same way, but it is imagination
can somebody call this mr. halving guy i keep reading about and ask him to do his magic again?
sorry, we already burned plan b at the stake for a missed guess and are never allowed to reference patterns related to the halvings.
ta analysts will surely research about this thing with 10 year charts
but i do not want that kind of wife :/
…and a bunch easier for her to travel back in time (figuratively speaking) and capitalize on your investing for the last several years! best to play poor and show her the golden ticket after you’re married lol
i remember a headline, ages ago, entitled “the rise and fall of bitcoin.” it had shot all the way up to , before crashing down to . i did not purchase my first bitcoin until long long loooong after that.
yeah...it i only had a time machine lol. i would have done many things in life differently. but i am at least able to learn from my mistakes of the past.
nah i work long hours...like 5am to 7pm. i just keep a tab open while i multi-task and keep up with the news.
because the inevitable downturns do not make people homeless.
nature am not fair, the first movers usually have an advantage when a new paradigm shift occurs.
~~i do not understand what you mean. do you mean btc will suffer 2% inflation along with usd, so that 5 mbtc purchasing power today will require spending 6 mbtc for the same product is ten years? how? rather, people say btc will have~~ *~~deflation~~*~~, becoming more valuable, not less, over time.~~ ~~(calculation: assuming 2% inflation per year,~~ ~~5.0 5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.9 6.0 6.1 )~~ oh, you mean you expect it to be a store of value. hasn't volatility thisproven that?
i would have sold at 10,000 or 19,000. i didnt see it the same as i do now. i know i would have. even now i look at my portfolio and go "if this decimal makes it here i can buy a house" so i guess we'll see what happens.
not necessarily true. lots of people, myself included, hold bitcoin from 7+ years ago. holding was a huge meme back then.
lol because i can actually imagine him saying that "you've got to keep things in perspective. these bitcoin mooners think it is just going to keep going up and up and up, but this optimism is now already priced into the market. it's only going down from here, and it is already a lot closer to 0 than ten million. this is just another example of buy the rumor, sell the fact."
i fucked how the 69 upvotes srry
even a million needs zero to reach the level,but that is far away.
>"it's closer to zero than 10m" sad part is people will actually say that. no joke.
if gold is holding it is value when paired with a monetary asset that is dropping in value, then the value of gold is dropping. no?
but it and after two year it will be double and even if not, does not means it will decrease.
i am sitting on several pounds of silver that i bought at -2000s. still appreciated more than cd's and money markets. wish i would have known or researched btc back then.
mcdonalds stuff can practically survive thermonuclear war intact. here's a story about 17- year old happy meal:
actually, the preservatives can make them look intact for 20-30 years.
yeah and early retirement looks good because we will be having more time
not if you only have .
got it i was like holy shit every waking hour studying, how do you work??!
no. it still slopes up. those that bought at anypoint around the range we've been bouncing in for a long while (hence not as volatile as some think) or below (like 96% of price history), still have their value or more available. don't bet on the tops, bet on the future bottoms and buy everyday we're below that point, and you'll never feel volatility. buy at the tops and you'll think it is "volatile" as heck. reference: notice the parallel lines, guess the bottom range.
i'm not nearly as sophisticated as that. i'm hoping it *is* a store of value and i'm trying to manage my expectations while i invest the tiny amount i can afford. and maybe u(below) is right about volatility? i would think in the long run it would not matter nearly as much.
it’s incredibly difficult to predict how you would’ve acted, and hindsight is 20. had the obscure “cryptocurrency”, that you bought for 1¢ each, jumped all the way up to ’ve taken your 100x profits. you’d be silly not to. that said, temper your expectations. bitcoin has a market cap of ~500b. the us stock market has a market cap of 93 trillion. if bitcoin would be equal to the us stock market (never going to happen) it can only go up 200x from here.
i did sell at 10k. right after i sold, it dropped to like 2k or something like that and i felt like god of finance. fucking fade me.
haha sounds just like him, just don’t forget to end every tweet with an exclamation point “!”
people only speaks those things that they do not wish to get happened.
i have corrected your mistake
why to take that is so much serious as that does not means anything.
so gold is almost back to 1980 prices? where has it been for 42 years?
in terms of purchasing power, yep. no different than holding cash.
i sold my silver, in 2016 when it was cheap again. wish i had sank that all in btc then.
i guess thats the plan for most of us invested. the plan is to retire in about 10 years and live from interest.
that's why you add the secret ingredient crime 🤪
i would, but i'm gravely concerned the government will simply prohibit any merchant from accepting it as payment, and i have not yet seen an explanation of what will protect bitcoin holders from government intervention in the markets -- namely, to force the use of their fiat.
it sounds like in general there isn’t a ton more room for growth in crypto at least in its current form in terms of passive returns of “buy thing. wait. lambo.” sort of deal
are you saying it probably would not go to ,000 following the previous news?
oh, thanks. i listened to his podcast a bit; i'm not on twitter, so i did not know that is how he writes.
this whole conversation is not going to be taken as so much serious.
i do not understand this comment.
i do not think that is actually a mistake if taken by his thoughts.
. but still, that’s a market cap of .
am i the only one 2ho never ever heard any podcast except songs.
>gold and crypto can be buddies (they are for me). folks think you must be against one if you support the other. that's a sad way to see it. spot on.
i like your perspective! what do you mean by pricatizing your wealth? ie become independent from the banks?
do you mean "they cannot ban it if everyone uses it", like the prohibition era of the usa banning alcohol? what fraction of your country holds it? how do we get everyone using it? to date, i still do not know any grocery store, apartment complex, or public utility (electricity, natural gas, or petrol) accepting payment in bitcoin in the usa.
maybe, depending on your demographic ... i guess 'podcast' is an unfortunate word, but 'internet audio show' takes too long to say ...
yes! gold, oil and cryptocurrency will become good friends, so you can buy a lot of money with confidence. i have bought a lot of money
perform a web search for the term. it’s well known
thank you! do you buy physical bars? i've always wondered how you would cash it out easily when selling and how you would store it
[looks like speculation]( contradicted by politicians' rhetoric suggesting a large fraction of society does not want to enable "russia to commit war crimes in ukraine", or any other criminal activity they declare is funded by bitcoin (notably recent ransomware attacks).
not speculation. game theory. if any government starts printing fiat to attempt control of the supply of bitcoin, bitcoin wins. it will supersede that currency
thanks so much this is super helpful! i've learnt so much from you today 🙌
" be your own bank"
on the first page of any normal checking account contract, it states in pretty clear terms you are an unsecured creditor. you do not own the money you deposit in a bank. it's obvious but not common knowledge.
except banks actually loan out 10x the amount you put in the bank. maybe a problem...
wait until he learns about fractional reserve banking
they make much more than 6%, but they do not need your money to make loans, they are allowed to print infinite debt as of 2020 and before that they could print 10x their reserves
for savings accounts they used to give you at least a decent amount of interest. there's just no reason to currently because they can get unlimited money from the fed at 0.25% or less.
fortunately when i was 19, i already realized money in the bank was a waste of money.
banks are the biggest scam of history, it is robbing all the people on earth, even those who do not use it
buy crypto and earn interest on your crypto
you weren't robbed. you gave them your money. you gave them your money in exchange for security, and convenience. stop doing that, and there would not be any more banks.
that is quite possibly the most retarded point i read on reddit this year
imagine putting money into something, and it loses 50% of its' value in a week ' p.s i was talking about btc xd
except banks give you a service in return, they take on the responsibility of keeping your money safe and accessible around the world with the swipe of a card. plus they usually do give you a return, even if it is tiny and usually not enough to match inflation... i get the criticism but that is just misleading. banks are not gonna take on the responsibility of keeping your money safe out of the kindness of their heart. most people are not competent enough to assure their saving's safety, that is why banks exist.
such a stupid example. true, banks earn with our money, but without banks we would still ride horses instead of cars. banks have are giving loans out to companies that contribute to let grow ourexpnomy or give people the money to use in the economy so that companies can sell their cars to people. banks are essential guys.
well you could just lend out fiat money to strangers by yourself if you wanted those interest rates, but it is more work and a lot more risky than putting it into a bank account. plus you cannot withdraw or send the money anywhere. bitcoin wouldn't change anything about this.
the bank is providing a service... keep your money is a shoebox under your bed if you do not like how the system works.
this is pretty misleading in a lot of ways. you could frame same the same thing as the interests on your money is what you pay the bank to keep the money safe. not that there aren’t problems with band but this video doesn’t really address them.
banks don´t need depositers to lend out money! the banking system can literally create money through the process of making loans. (google)
this is not how loans work. when you make a loan at the bank, the do not transfer to your account some money they already have. instead, they literally create money out of thin air and when you pay them back they destroy it (except the interests obviously).
i like the overall message, but it’s not completely forward about all aspects. any bank is going to give you some interest for your savings (yes, it is shit). if you never will get a loan for a car or business, or a mortgage, then by all means don’t put your money in a bank. to some of the other comments, bank != treasury. i personally use a credit union, but people here seem to think, or at least give off the impression, that each bank is in the back printing money in real time. lol.
uhm not sure where you've based this from, but banks bank in india pay out interests for having your money w them. its pretty dumb if they pay 0% not to mention, banks are the go to for safety and liquidity so it ends up decent when you're paying then for it
this is false. banks **also** charge you for having a bank account and using it. in my country* and lots of places too.
in india interest rates on fixed deposits can be anywhere between 5-8%
we don’t actually loan them money for free. we pay them to loan our money, so we technically give them money for a loss. most banks charge fees for your account(s). so not only do they profit off your deposited money being loaned out, but they profit by taking fees.
who tf is loaning their money to a bank? you’re storing it there. we get the point but this is how you make a snake oil salesman.
# credit unions at least in my experience, they return any profits to the members. additionally, they are more invested in the community.
eh...cash is a liability in this economy bc interest rates are less than inflation. that’s why cash losing companies have all gone to the moon.
not that anyone will see this, but my credit union gives 2.5% interest in checking accounts on the first 25k, and .5% after that. my 30 year mortgage was 2.875%. stop using for profit institutions to hold your fiat.
wait until they hear aboyt fractional reserve banking
the money you are saving under your bed is stolen by banks using inflation
it is worse than this. commercial banks these days do not depend on deposits to issue new loans anymore. with the waiving of the reserve requirement, they can simply create the money out of thin air. and even before with the reserve requirement in place, it was only at 10%, so for every , they could issue . that is why they wanted everyone to have a credit card, and gave everyone a credit score. it is all a scam.
yes. i think of the auto industry crash. the companies were loaned money from either the treasury or the reserve not sure for sure which. poimt being when the debt was paid off, where was the money retirned to? which entity? was the interest returned to whichever agency or could it go to bond holders? bc of owning treasury notes? or bonds.
is this actually news to anyone? don’t like it? get a term deposit with the same bank. or invest it elsewhere. or start a bank.
sure but they give you access to the banking systems, give you the possibility to pay with you card, transferring money to somebody else. of course they have to make some money somewhere.
not saying banks are great but they gotta make some money to play employees and operation cost.
bullshit. man, why do those conspiracy theories most of the time come from america? is the educational system there that bad? where is the common sense?
why is this tiktok even to hyped? this is basic knowledge. i just watched grown ups being shown something as obvious as 1,2,3 and the guy explaining it seems to think he is super smart for the fact he 'noticed' this scam and the one listening has his mind blown. i mean: are they retarded or something? plus they even fail to mention 1. by now it is not 0% the bank gives you back it is more like -2% and keeps falling. 2. due to fractional reserve they are allowed lend out x times the money you give to them which some consider unconstitutional because only the state has a monopoly on printing money from thin air and this is nothing new. it's been like that for decades.
it's not 0% , we are loosing money if it sits in the bank due to inflation.
immagine a population, they give money to the banks for no interest at all. the bank manages this money and charges fees to do that. the bank also loans money to the same population at an interest rate. so basically, banks found a way to loan us our money! and we are happy with that and cannot imagine a world with a different way of functioning...
this is why crypto is so so huge for all of us because we are now the bank
why are people thinking this man is so smart. all this shit is literally explained to you when you were a child. and if it isn’t your parents are fucking stupid
fiat is counterfeit scam.
of course. if something is free, then you're the product being soldm
banks are crooks... go crypto 🔥
pretty soon defi will allow crypto to be used for the same purposes. and when it does it will be a step closer to democratising finance and elevating the medium-lower classes.
when the federal reserve calls for the creation of money by the us mint. it is loaned to the banking systems at an interest? that interest is to be returned to the reserve or the mint or the treasury?...
the official term is fractional reserve lending.
i mean, it is not interest free typically but the interest is so tiny it may as well be.
how much money did you deposit, ,000,000? or ,000? how much money did you spend for the house, car, school, and whatever is on the credit card?
you get interest on a savings account tho. albeit not much but it is still there
well you do get some of the money they invest. actually, the problem is that if we all go and get our money from the banks tomorrow, the banks will be unable to give us back our money. lots of people will get no money back, and that is where the robbery is obvious.
savings account have an interest they offer. fds have more interests. wtf was this?
perfect reason why we need defi.
what what if i take out a loan and put it into crypto? bank prints money to make interest to then reinvest into crypto?
and this is why b of a shut down atm withdrawals as soon as covid lockdown hit.
you do know that the biggest part of a bank making money is by investing in the ecb or fed and getting (a couple of years ago) for example 8% interest and giving the people investing in a savings account 5% interest thus they make 3% profit. since 2014, at least the ecb, takes a negative interest rate on their account and now, 7 years later banks can’t take it anymore and give this 0.5% negative interest to the people. it’s the ecb and fed that control the interest rates, not your local bank. and btw they do it to boost the economy, so you spend more of your money instead of saving it. and yes english is not my main language.
financial institutions are likely to remain the best option until banking provides comparable security and safeguards. it's not printed or made by them. a bank can only lend out the amount of money it has on hand.
in india you get interest from the bank to put money in it.
we are all morons. plain and simple.
this is the content we need, not constant price checks every 5 seconds. remember why we all need bitcoin
banks are dookie, buy stock and crypto
well bank pays quarterly interest to the money we keep in our bank account. though that is low but the end number that you say is 0% is incorrect as we get the interest on our savings.
if you're getting zero percent from your bank, you're banking wrong. interest rates are low, but not zero.
so this guy never heard of savings accounts before?
i hate banks and their practices as much as the next guy but this is just… not how banks work. first of all, a 6% interest rate on retail loans is completely unrealistic with overall interest rates being as low as they are right now. the interest margin (= the average difference between the rate a bank charges and the rate it pays to its customers) is closer to 1%. nowadays banks make most of their money from commissions. but even if that weren’t the case, there are several reasons why a higher interest margin might be justified. think about it this way: you’re actually free to loan money without an intermediary (= bank) involved. however, there are 3 main reasons why you might not want to do that. say your buddy wants to go to college and needs a loan of ,000. (1) you might not have that amount of money. (2) you’re not sure if you might want to go to college yourself in a year or two but you won’t get your money back for at least 3 years. (3) if your friend fails to pay back that loan, you just lost all of that money. these are the services a bank traditionally provides: 1. lot size transformation 2. maturity transformation 3. diversification now you might argue that banks have strayed from that traditional business model over the past years and you’d be absolutely correct. all i’m saying is it’s a lot more complicated than it’s portrayed in that video.
couldn’t the same be said about taxes? giving the government an interest free loan. bunch a ball-washing bastards
if your bank would give you 0% your money would lose value over time. they usually give you enough to cover the interest rate so your money keeps its value. no one said you can create wealth from bank deposits. he's got a point, but his numbers are wrong.
wait a min... there are no bank account that give 0% zero percent on your accounts... is it fair, hell no! but do not misrepresent the criminal bankers... if you have a zero % interest bank account (checking) you be dumb... shop around
which is why you buy crypto with the cash!
bought a hardware wallet am my own bank now
it’s worse than that, they loan out more money than they have with fractional reserve banking. though some banks do pay a small amount of interest on accounts, the point remains valid.
hey i get .01% apr on my savings account. sounds like not free to me! lol seriously banks are a fucking joke.
it’s worse than that because they dont actually loan your money, they use it as collateral to leverage and lend multiples of it. yep that’s right they are allowed to create money out of thin air based on their deposits. it’s called fractional reserve banking. then when they fuck up, you as tax payers have to bail them out. they are parasitic by their very nature…
it’s a scam ! duck the banks 🏦
you all got taught this in school right? like at a normal school that teaches you stuff right?
game is rigged. nuke the banks 💥🚀
and they even charge you to operate your account. what the fuck man.
why i only keep enough in the bank to cover bills. i invest everything else.
jokes on them. i dont have any money
tell that to people who bought in at 60k
freakanomics right there 😂
i’m my own bank but first you have to get your head out of your ass regarding cryptocurrency.
starve the system by not participating in it
yes that’s how banks work…
it's actually a problem for banks that overall interest rate levels are so low (cue violins), it means they have to charge lower rates on their loans but its hard for them to pay less than zero on deposits so the "spread" or difference they can earn is effectively constrained. they would be better off if rates were higher and they were able to pay more on deposits and charge even more om loans
i am woke again...
but i do get interest on that money, i know it is very low atm like 0,01% but so are the interests on the loans, definitely not 6%. there's also something around here called fellow finance.
ok i see thing bad about this, if you want to you can keep money in pillowcase
maturity transformation is a thing though... also no wy banks have 6% net interest income... this video is stupid.
that mirror to make my writing hard to read
yeah tis' fucked. that's why my majority is now in places that actually give returns
in the current system they actually loan out 10:1 on their current deposits, that’s fractional reserve banking. so they’re making closer to 10x6% return.
you get interest on a savings account though, i know it is less than the inflation but not zero. i like to keep most of my wealth in crypto
this vid is a gross oversimplification, its like this guy thinks you put thousands of dollars at once into your checking account. savings accounts typically give you interest
news flash! banks are criminal by design for middle class and lower. those classes have no choice but to use a bank for loans. buy a house? great! do that through a bank and you end up paying double for said house. criminal.
you lead to the bank they drive you out of work for blackrock and a pandemic. even if you kept your work, people ‘s wages are not rising by 8-10% a year to keep up with inflation in the us. the minority businesses are passing inflation to the majority public. blackrock private equity is coming for retail real estate in the background. btc with over collateralized lending is a possible solution available today to earn yield on btc or stablecoins. i’m glad i left the us. it’s way to centralized for negative equity.
you do not get 0%? is that a joke?
i mean nothings come free in life either you leave money under your bed and get robbed or leave it in the bank.
the world needs to see this.
well that is how a business works
finally a proper tick tock vid
"when you think adding some text and a smiley to a video is cool because you're 8 years old"
oof. a horizontal video cropped and formated to vertical, and then posted to a horizontal site format again. tik tok is ruining videos.
wow if this is how peasants think the system works no wonder they’re poor
did you know that you can use your nfts as a collateral in applying loan? that is possible with nft tech! once they launch, users will enjoy the ease and liquidity offered by the smart liquid engine integrated to give better nft pricing as well as the capability of their syatem to accept nfts as loan collateral
q: “how much would you borrow if it was free?” a: “as much as humanly possible i could acquire.”
depends on your bank, some will give you a tiny percent. that’s why they encourage you to get a savings or money market account or even a cd, but most of those under perform relative to inflation in recent years so it’s a fucking waste.
actually they give us .5% back! it is why you always keep only emergency money in the bank. invest the rest.
the hero we need👌🏽
this video has stolen at least 10 iq points from me
this made me mad. while also being infomative. i'm an emotional wreck of learning. 😆
sir, this is nonsense you’re preaching. no one lends your peanuts, no one wants your peanuts.
same principle as recycling…
need reform against companies that "require" or "strongly suggest" you use direct deposit.
they do not give you 0%. it might be small, but they do pay you interest. also you're gonna give some joe sixpack your money for his mortgage? and if you have a mortgage or whatever, you pay it off obviously.
must watch: [prof. werner brilliantly explains how the banking system and financial sector really work.](
thanks for sharing this video, thanks for educating people
same when you load retail apps with money like starbucks etc.
who do you go to for a loan then? your local loan shark or pawn shop?
bank keeps money secure
don't forget that you lose 2% every year because the private federal reserve just dilutes your money down.
insurance companies also...rake in lots. if i could get the money i did not use back at the end of the year that would be awesome
i’m sure banks are also buying crypto and selling it to retail investors and using that profit to buy more assets.
no no no. that’s not how this works! that’s not how any of this works! this is so fucking wrong i don’t know where to start. it’s not the same money! and were do you think the money came from that you “loaned the bank”??? it came from a fucking loan from a bank.
this is dumb as fuck . like hell yea i know this legit everybody does but nobody cares enough to do anything lol . this is like so many fucked up obvious things in life everybody knows it goes on but does or says nothing until some stupid video or something like this catches some brains and then dies off
if you hold your money in crypto, the banks can’t take advantage. in fact, we make the big interest.
i’ve never had any kind of savings account that paid 0% interest. maybe you need to find a new bank, or use a savings account instead of a checking account. i also don’t really understand the point of the video. banks are not in business to break even, of course they’re going to take a profit. that’s not possible for them to do if they are paying you more in interest than they are collecting from the borrower. you’re also not “loaning” money to a bank. you can deposit and withdraw money freely without any restrictions. imagine if the bank decided to take all the money back that they loaned you to buy a vehicle or a house. i’m not saying you should put all your money in a savings account. 3-6 months expenses in a savings account is what you should have. stuffing cash in the mattress because banks make money by lending to others is not a good idea.
now factor in money printing, and 0%-2.5% interest loans from the state. the fed is eating into your savings and giving the money to the banks to loan to you. what should be happening is banks should be paying people for capital, instead of the state further stealing from you,which is exactly what you see in the cryptospace. theres all kinds of defi for projects for instance that are paying 5+% on cryptos ane even on usdc!, and it is often more like 10%...
it's even worse than that. they loan money they do not get from us. not only that they loan money that does not exist.
😅 *sweats nervously while laughing at the insanity of the banking industry*
shock: banks invest your money and make profit. doesn't everyone already know this?
banks give you interest tho
exact truth. too bad 95% of people don’t realize this, but hope the new generations realize this. middle schools and hs should do a better job at explaining money and finance
he's talking about savings banks. that is why you move your money to investment banks. i can get 5-10% interest in various investment options.
wow that is very sinister. people are sleep walking.
in a 0% interest rate environment, they do not need your money. the fed prints it out and loans it to the bank. that's why you make very little interest on your savings accounts now.
reality is much worse than this.
but when you loan money out and expect it back with interest it’s illegal...
hm… something to decentralize finance….
wait til you add in that 90% of the money they lend out didn’t even exist in the first place. they’re making money on your money and money that literally didn’t exist before they lent it.
its just about increasing numbers on an account. they do not need to print on paper.
left out the “fractional reserve part” part, where banks can repeat the lending part 9x for every dollar you loan to them.
wait til he sees the fractional reserve banking portion of that.
i think this guy never heard about a savings account
it’s a 60% spread bro, they can lend that amount you give them up to 10 times by law. loan them 10k they can re lend that out 10 times or 100k to other peeps
there’s a cost to lending people money. most people don’t have cash anywhere close to the amount they borrow. things like cost of capital and risk cost money (you actually being able to pay back a loan) aren’t theft. avoid debt, save, use bitcoin to avoid inflation and partly as a store of value. don’t blame banks for the system we have.
just a reminder: the bank does give you some things: free check processing, free statements, free & safe money-storage, free paycheck-processing to those who direct-deposit, free debit card, 24-hour deposits, free small-moneyorders, free currency exchange, free ach transfers, free check-cashing. and a few other customer-service benefits such as free candy and free loan approval, etc. not the bargain-of-the-century, of course, but this post implying that banks are robbing us while handling our entire income-processing is a bit dramatic. for those who think banks rob you: go ahead and try to handle your finances without using a bank! go ahead and arrange your own loans to auto-owners, college students, etc. lol everybody thinks they are a victim. if you think a bank victimizes you, go ahead & go it alone. good luck.
you do not loan money to banks. banks act as sureties for borrowers by issueing their own liabilities to the creditors. these liabilities then circulate as money. john obtains a mortgage to buy a house. the bank acts as his surety for a certain % of the loans amount paid as interest. the home seller recieves the banks iou as a deposit and john owes the bank the iou + interest. problems arrise because in the free float fiat debt system, money has no qualatitive properties, so its value is completely made subjective, subject to the irrational passions of the participants. this allows a situation where a bank creates millions in credit for crumbling real estate. free float fiat money was the cryptocurrency of the baby boomers. it is thisconnected from all qualatiative measures, meaning its backed by nothing but the subjective delusions of its issuers(commercial banks).
wait till he learns about fractional reserve banking. 6% spread is a joke to bankers.
there is so much misinformation in this video. i'm not saying that banks are not doing 'shady' stuff, but they are not loaning you back your own money. if i find enough idiots who have the money to buy a house, and give it to me, and i give it 90% back for them, i'd take that deal. the role of banks is quite a bit more complex than this. people generally borrow more money than what they have on their account. banks do not lend out deposit money for loans, they actually create brand new money (and debt notes) for loans. it's actually worse than using deposits.
i believe some decades from now people will look at how we used banks in the past and laugh hard of our stupidity. decades of stupidity giving free money to banks. this is total nonsense.
this is why crypto
that is powerful shit right there
a lot of people has "their" crypto in exchanges lol, which is exactly the same
that’s nothing. he missed fractional reserve lending. that’s where banks really make their money.
that's not even the outrageous part. banking has not worked like that for more than a hundred years. banks do not loan you your own money, they loan you money conjured from nothing by taking a zero and pulling it apart into a big plus and a big minus. no one ever comes to collect the minus, it just gets transferred between customers, so they can do what they want with the big plus. (fractional reserve does not even exist anymore, so they are literally unlimited). this is only possible because the central banks act as lenders of last resort, so if there were a bank run, they can quickly manufacture more money from nowhere in the full knowledge that if they wait five minutes everyone will deposit the money back into the banning system and it is as if the run never happened and the non-existent money can go back to being non-existent. remember though... crypto currency does not fix this problem. fractional reserve is perfectly possible with crypto when custodial accounts are used. the difference is that the risk of default when there is a bank run would wipe out the bank, so there is thisincentive to do it.
is study austrian economics...
never seen it so succinctly put.
bitcoin is the salvation as long as that twitter autist shuts up. also to keep the coins safe in normal daily use.
in ten years time the hot bank tellers will be my personal bitches because i am the bank
i always wondered what b. a. baracus would branch out into.
this is why on paydays the first thing i do is pay all my bills for the fortnight. i then withdraw a small portion in cash, which i budget for groceries, gas, and small allowance. then, i deposit the rest of my paycheck into my defi platform and convert to a stable coin. then i hold and earn interest daily. when the market dips, i buy a small portion of crypto. any online shopping is done using crypto merchant payments on paypal. repeat this every fortnight. it's worked out pretty well so far, i rely minimally on the bank and they do not benefit from my money. my next step is trying to convince my employer to pay directly into my defi account. but that is a bit hard. edit: downvoted? ok, sorry for sharing 😕
you can actually do something about it. put the money in a [credit union]( with high returns. note: some credit unions can be wolves in sheep's clothing (still operate like a bank, named as a credit union)
this is wrong, he forgot to mention the monthly fees of running your accounts :)))
btc broke 34700 major support band wee rolling over😱😱🙈🙈
why does it seem like this is just some mystery he just unraveled? this is what banks do and been doing for centuries. i would like to see the second part of the video on where he provides a solution to the problem.
actually, they do not loan our money. they just print more, and make our savings evaporate ...
banks get interest free money from the federal reserve.
itt a lot of people who do not understand how banks work.
…the biggest secret of capitalism is: you work all week, many of us for 2 weeks, to get to pay day. your company’s owner gets you working everyday for free, he’s not paying you daily. he takes all the money you’re earning him every day and invests it, pulls it out to make payroll and keeps the interest, every single work day.
what happens after usdt falls apart and nukes the value of bitcoin? similar to this tiktok?
right… but the service is that you can transact easily with others and have access to money basically anywhere in the world. and it’s free, lol this sub is a clown show
security, insurance, physical buildings, compliance, etc are not free. banks cannot exit scam. your savings would not crash 50% because elon made a tweet. now do restaurants where they pick out a . oh yeah, they are you're paying for convenience. you're paying for someone cooking and serving it on your behalf.
follow me on instagram for my exclusive tiny teen porn
there must be a way...
many banks across the world at different times have given negative interest rates and you pay them to hold your money.
i mean, why not, you should lend out your cash. otherwise it sits around doing nothing. there are a lot of people out there whom the banks would not lend money to.
from a quick google search of who this guy is, i was not shocked to see he is an insurance agent. “infinite banking” or “being your own bank” is a total scam in 99% of cases (almost 100% for regular people. the person who profits from this is the agent who sells you this policy, making 80% (at least) from the premium amount in the first year, then ~5% on an ongoing basis.
people do this. i know a family that started their own bank.
infinite banking concept - look it up.
yes, banks are robbing you and banks do not need to break into your house to rob you
gadafi tried. look how they massacred him
now this is a guy who wouldn't get tricked into becoming a part of a humancentipad.
just so this does not cause undue panic, i'd point out that even if it is not secured by the bank, a lot of countries have governmental institutions securing the money deposited in accredited banks up to a certain amount. this is called [deposit insurance]( and is offered by institutions like the fdic
hence the fdic and the ncua. it's insured, just not by the bank.
yes that’s right, legally a deposit is a loan. you are literally. lenders are typically unsecured creditors in a bankruptcy.
you also get paid interest in your money. and a bigger interest if you put it in a long term savings account from which you promise not to withdraw.
fractional-reserve banking, the most common form of banking practiced by commercial banks worldwide, involves banks accepting deposits from customers and making loans to borrowers while holding in reserve an amount equal to only a fraction of the bank's deposit liabilities. banks create money out of thin air and backed by a fractional amount. if i were to do this it would be called counterfeiting.
10×? 100x? 1000x? at the end of the day on top of that they print money from thin air and loan it us with interest attached. and when people default on loans that were never a risk and result in zero loss for the bank anywyas they get to seize and aquire tangible assets bankers are the biggest scam to exist throughout time.
yup… this is just one simple explanation… the banking system is a ponzi scheme
the 10x thing is a myth (or factoid?). it’s worse than that. there is no set restriction. the only means of holding back banks is the fed increasing interest rates. edit: in fact banks are the starting point for most money. all of the type of money that you and i encounter is brought into existence by banks.
this is actually the most important thing about this.
i wrote a check for , he went to boa to get the money out and it took them more than hour to try to find money to cash it. they told me i should have called them first. lol
and people say tether is bad…
no, fractional reserve banking is over. banks can actually loan out as much as they want now.
so the banks are like tusd in crypto?! ahh shit here we go again
that's not quite true. they can loan 90% of what you deposit, and are required to hold 10% of it. there's the 9 to 1 ratio.
more like 3% reserves.
[ ' i took a screenshot to commemorate this
by "bare basics of finance", are you referring to the kind that you can read about in some kind of accredited economics textbook, or reddit is book of financial basics? because those are two very different things.
welcome to the internet
there was a way to make this comment useful
show us what you got big boy
combine bitcoin and reddit and you get pretty much the most dunning-krugerist place for 17 year olds who watched a couple tiktok videos, and now imagine themselves more knowledgeable of the financial system than phd economist, financier, or statistician.
i get 3% at hmbradley but to get that rate you need to save 20% or more of direct deposits. i treat it as an emergency fund and do not touch it basically
the decimation of over a decade of savings interest is the banking system and federal governments largest crime to the current generation, in my opinion. i can remember getting 6-8% as a kid. homeowners will say “but you get 3% interest on your home loan”. yeah, and the prices went up to reflect that.
> for savings accounts they used to give you at least a decent amount of interest subjective.
that's dependant on the base rate. not set by banks. interest can and has been high.
yup. my bank emails(savings) to bitcoin. they don’t like this but i want a “return” on my savings no matter how small it might be.
i do not know when your 19 was, but i was getting a ~3% return when i was 19. that dried up rapidly after 2008, when they changed the rules. and despite the reversing of the rules, the apy has not reversed.
you can also use your crypto as collateral on loans when you want to make larger purchases.
i bought crypto and lost 25% within a month. try again.
buy crypto and make 50% by doing nothing, or lose 40% or make 27% or or or. mostly just stress about if your money will be there when you need it?
buy crypto and short fiat, that is genius. you will earn from inflation and deflation both
but the point still stands.
not really. i do not give them my money. i can only receive my money (salary) via a bank. nobody gives me the option to receive it in cash. i am a forced participant in this system. plus i am a forced participant again when i am legally demanded to pay my taxes *via a bank account*. your argument does not hold water in most developed countries because we are not 100% willing participants. there are only 2 legal options: use a bank account or starve.
yep, it’s not a ‘loan’ cause you can withdraw it at any time. imagine if a bank could withdraw its mortgage it gave to you at any time. wouldn’t make sense. it’s a deposit, you don’t have to walk around with that cash or keep it under your mattress. it’s insured so you have no risk in keeping it there. and there are services like debit cards and atms that give you access to that money where ever you go. and you get that all for free (at least you can, if you don’t choose a shitty bank that charges for checking accounts). sounds like a not so bad deal to me.
kinda like last month if you needed to buy land, a truck, gas, and lumber to build a house?
but that 50% isn’t going into thin air at least
> imagine putting money into something, and it loses 50% of its' value in a week imagine putting money into something and it doubles in value. and doubles again. and doubles again. and doubles again. and doubles again. and doubles again. oh that is right, i do not need to imagine.
1btc = 1btc, idk what you mean about losing value.
i do not think people are generally opposed to the idea of loans existing in society, just in the current form it is currently done. for instance, i can totally envision a non-profit banking system. sure, they could charge interests, but only to pay salaries to maintenance personnel, no shareholders and no dividends. and have the leadership be a part of the government instead of a private enterprise. there are many more models that could be implemented. but the current system is full of fraud and market manipulations to the point of where they collapse the entire society (2008). this current model of banks is totally not essential.
you're describing defi. it's not risky at all because of smart contracts. cryptocurrency already has changed the dynamic and let you become your own bank.
nah, i think i’ll use crypto instead, something the sleazy fed and banks can’t control.
a portion, sure. but banks are regulated and can’t do that for more than a certain percent of their total value. also, it’s more accurate to say they create i-owe-yous that go on their balance sheet. they can’t spend more than they’re owed, but they can spend some portion of the money they are owed but don’t yet have from mortgages or loans
yes sir correct. as soon as you sign that contract for a loan basically your signature just created money into existence and they add some numbers to your account
that's not true, like at all.
lol this is not at all correct. jesus.
swing and a miss
stop listening to whomever taught you this.
so who are they borrowing the imaginary money from? say i can’t pay them back, what happens next? is it a write-off or do they now owe the government or something? edit: it’s an honest question
they are printing money. they just write it as a loan, but at the end of the day, the over all money in circulation did increase because of fractional reserve banking.
theres negative rate in germany
actually that’s not true: many banks across the world at different times have given negative interest rates i.e., you pay them to hold your money.
some banks have a negative interest rate.
in many countries you can earn an interest on savings accounts, but if it’s less than inflation your money is still decreasing in purchasing power every year.
it's way lower than inflation, you are losing money on your savings in the banks too
you are right, many banks across the world at different times have given negative interest rates i.e., you pay them to hold your money.
you mean like tether?
anybody isnt just allowed to start their own bank and start printing money you will end up in a prison cell. that privilege is only given to a small few. a private family is given the control of creating our money supply thats why its shit
perhaps the problem is a lack of competition, and in a more free market banks would be forced to compete by passing more of the interest rate to depositors. you can see this in action in the fin tech space with peer-to-peer lending.
found the banker. don’t be so naive.
*some*? is that what you think they make?
finally, somebody thinking about the poor, broke bankers
except the state. they chose a great name, the federal reserve because it sounds like its a governement institution and will fool alot of people but sadly it operates independent from the government.
most people do not think about this.
>why is this tiktok even to hyped? this is basic knowledge. > >i just watched grown ups being shown something as obvious as 1,2,3 and the guy explaining it seems to think he is super smart for the fact he 'noticed' this scam and the one listening has his mind blown. you're assuming a lot of people grow up with financial education and they do not. basic concepts such as compounding interest, p. useful that you do but please try to appreciate thats not standard everywhere.
fractional reserve means the bank keeps a fraction of deposits in reserve and lend. they cannot lend out more than is deposited.
so you like loaning your hard earned paycheck for free only to get fucked on that credit debt you have that your money actually sustains? gotcha.
do you know what overdraft means?
not sure what you are asking, but when the us government needs money, they ask the federal reserve for a loan. counterintuitivly, the federal reserve is actually not the government, but a private company, and they lend the money with an interest. now, the government can never pay off the interest because they are already in debt so they need to loan more money just to pay off the interest, and that money also comes with interest so it will never end. at least that is how i've had it explained to mem
it's way lower than inflation, so any interest you get is a prank.
some banks have negative interest rates.
i've always gotten like 3% in a checking account, but only up to a certain amount, which is very low.
a run on bitcoin to cash is similar, except the price of bitcoin to cash would adjust to be lower. are banks the real ponzi scheme?
interest rates at central banks is not a tool to give money to banks, it is a way to control the money supply hence the inflation.
that's what this subreddit should be doing ie educating people about the finance and why bitcoin
in some banks sometimes it was less than zero and you were paying the banks to keep your money
but what if you could set aside .5k, lend your buddy , and if he didn’t pay you back by the time you needed to go yourself, the government does you the favor of covering the difference with taxpayer money.
you really do have a choice to not use a bank.
alright, i got this ###[download via redditsave.com]( --- [**info**]( [**feedback**]( for getvideobot) '' [**donate**]( removal request for getvideobot)
not really, did you check the interest rates for borrowing money with your cryptos in collateral? very high rates
because it’s on tik tok that makes his point invalid?
which defi platform do you use?
same thing that happened during the last usdt backed spike. a major dip to buy as fiat continues to its mathematical destination to worthlessness
> banks cannot exit scam they've institutionalised their exit in perpetuity, cantillionaires
hmm... if only there were a fourm about the greatest store of value
there is and it is very cool and you keep all the profit
blockchain tech and defi?!?
these are usually billed as “fees.” fees to keep a checking account open... insane
im doing it right now. i'm paying , so i can keep 3 kind of fiat currencies, available to me over mastercard to be paid when i need it. the fees for transactions does not matter really at this point. the thing is, if i get a free account where i do not pay, bank will convert all my € and £ to some local shitcoin (i am in a third world now). however the insurance nevertheless is backing only like 30% of my money in case this bank goes bankrupt. so in this country it is really, really banks are only like 0.5% safer than crypto-shit. i'm counting days till i get out of here.
there's a reason banks do not lend to them. ever had a friend not pay you back? and that is a friend. you're not only now finding out how banks work in 2021, this is ancient, everyone's known this forever. also banks do not give you 0%, that is just thishonest, because then you can act like it is free and they do not pay you. it might as well be zero, but it is not, they do pay you.
it's ok, they can and do just print more if we do not lend it back to them anyway. either way though, it is fiat damnin fiat...
and there are cooperative banks. i own a tiny part of my bank.
they just needed a bitcoin wallet with a private key, it is easy now to be your own bank and it is cool
but it seemed like a way to meet new people and improve the digestive process!
yes, in ireland all deposits up to €40000 are covered by the institutions. they do however have negative interests rates for keeping said money in your own account.
yep. canada is 100k.
yeah in the uk it is up to £85k.
that’s not part of the issue at hand, the issue is you are lending the bank money for them to make money and your reruns now that money is basically zero. you are giving banks for them to make money.
it doesn’t take away from the premise. yeah so it’s relatively safe to lend money to a us bank for nothing. it’s not cypress yet. 👍
and just like a insurance it’s designed to protect individuals or small groups. but if due to some huge systemic problem suddenly **everyone** needs his insurance paid out the insurer is just going to be insolvent. people like to say "oh, that’s when the state steps in". hell no! the state loaning money to banks? where do people think the state gets his money from? they money will come from the central banks. they are going to straight up print as much money as you want. personally i think we should get with the times, instead of atms they should just license hewlett packard to built home money printers.
so, what does the bank do for liquidity as it thisperses all the cash to our vendors up front and at once?
this is not correct, for the usa at least banks no longer have a minimum fraction requirement as of 2020 how this was not news is beyond me, i only heard about it like a week ago
> banks create money out of thin air and backed by a fractional amount. no backing is required at all anymore. [reserve requirements have effectively been removed.]( > as of march 2020, the minimum reserve requirement for all deposit institutions was abolished, or more technically, fixed to zero percent of eligible deposits. the board previously mandated a zero reserve requirement for banks with eligible deposits up to , 3% for banks up to .3 million, and 10% thereafter. the removal of reserve requirements followed the federal reserve's shift to an "ample-reserves" system, in which the federal reserve banks pay member banks interest on reserves that they keep in excess of the required amount.
> banks create money out of thin air and backed by a fractional amount. if i were to do this it would be called counterfeiting. or tether.
this has been in practice since basically the inception of banks by the way, this is not some newfangled evil of modern capitalism just in case anyone had it twisted. this is literally the essence of capitalism and what has allowed our economies to grow to massive scales. (this is not an endorsement of fractional reserve banking but an aknowledgement that we would not be here today without it, much the same as i am not religious but i can see the value the christian nuclear family provided as far as stable development of an economy is concerned)
that's not counterfeit. they're not creating false notes. it's just fraud if you're trying to be literal.
hey that’s just not true! if you try and fractionalized your banking account that’s called chequue kiting. and it is also a crime.
> making loans to borrowers while holding in reserve an amount equal to only a fraction of the bank's deposit liabilities. it is no longer true that banks necessarily hold even a fraction of their liabilities in reserve: > as announced on march 15, 2020, the board of governors **reduced reserve requirement ratios on net transaction accounts to 0 percent, effective march 26, 2020. this action eliminated reserve requirements for all depository institutions**
isnt this not that thissimilar to the partially collaterialized stablecoins, all of which have failed?
doesnt this mean there have to be more depositors then loaners?
amen brother. the more people realize this the better off well be
wait until you see all the wars they’ve started
the three heads religion money and politics... god gold oil drugs...
no? the fed prints money. your local bank cannot print money.
it’s so obvious once you start learning about it. i liked the video as a good intro for people
biggest ponzi in the history of mankind. and they do not even have a fun personality like carlos matos to promote it. it's quite a feat. hey hey heyyyy...
it's not a myth, it was a common number in a lot of countries over the last few decades. the us only lowered it to 0 last year, i think, although already from a smaller number than 10%.
its probably not 10x but 1000x
that doesn’t mean both can’t be bad.
yeah, it is just deflecting the bigger issue in the room by focusing on a smaller one.
you mean fractional reserve banking has reached its maximum, right?
3% is insanely high. that’s in the us? savings interest average is ~.06% interest
i do the same thing but my banks have never bothered me about it 🤷🏻‍♂️ i keep as little in my checking account as possible because any extra cash there is losing value by the day
time to get a new bank, that is unusual behavior, do you mean their fraud department contacts you because they are worried the transactions are not legit?
use a credit union. they always chill
come back in two or three years and let us know how it is, i suspect you'll be singing a different tune
no it doesn’t. it pushes the narrative that banks steal from people and that’s all they do. only a handful of banks actually steal.
plus it’s rare a bank gives you 0% interest. i get 4% and 6% respectively from my two banks. if you have a shitty bank change banks.
> there are only 2 legal options: use a bank account or starve. i do not know where you live, but are you're saying your employer cannot legally pay you in cash? or are you saying you agreed to work for an employer that told you that you would receive payment by direct deposit? it does not matter either way. the banks do not benefit by you receiving direct deposit from your employer. they benefit by you *keeping* your money with them. my argument stands.
okay, let us all go withdraw at the same time for fun lol
it's also true the other way around, it can gain in multiple in a week
tilted. owned by some idiot with a tweeter
1 usd = 1 usd though not really?
1 poo = 1 poo
so really it becomes like old art? old art pieces are deflationary because they get damaged and destroyed or lost even though new art is created all the time just like new crypto currencies. without an incentive to trade it for goods and services if it’s only deflationary, bitcoin ends up becoming some collectors item?
so you go from a system that is accepted by practically every merchant in the word with almost no fees to one that almost nobody accepts and all transactions are extremely expensive? bravo, you are truly part of the revolution.
people keep saying banks are making money out of thin air because they saw someone else say that and have no idea what they are talking about. banks borrow money from the federal reserve that they lend out to their customers in loans. banks pay an interest rate to the federal reserve, and mark that rate up when they loan it out. this is why interest rates change, because the fed interest rates to the banks changes. there are a few issues in this system. first, the money the fed "prints" does essentially come out of thin air. especially since the pandemic. second, the interest rates have been artificially suppressed for so long that they cannot ever allow true supply and demand to determine the rates again. the rates are suppressed as a way to increase velocity of money. lastly, banks are allowed to borrow many magnitudes of what they have on hand, which over-leverages them. it's a very fragile system that forever has to be propped up by the government.
most governments set limits and lend the imaginary money making ability at the central or reserve bank rate (ocr).
on creation of the loan both an asset (the expected loan repayment) and a liability (the money given to the person who takes the loan) is created on the bank's balance sheet. if the loan is not paid off then the liability remains but the asset is wiped, so the bank loses money
they are borrowing the money to nobody. they literally have the ability to create money.* if you cannot pay them they have the responsibility to destroy the amount of money you did not give back. i believe it is the central bank that check that, but i am not sure. *this is heavily regulated, money created must be destroyed at some point.
“they” being the treasury, yes.
so if there is lots of cash in a system and everyone expects interest on their savings, but nobody wants mortgages or loans, how do you expect banks to stay open and pay employees? oh that is right, negative interest rates. not everything is a scam.
hey listen, this wasn’t about technicalities “well remember that one time when this”. it’s the general workings of things, not some corner case fud.
i used to hate tether for doing this, called it back during the 2017 pump that they would run fractional, and lo and behold, like death by a thousand cuts their legalese became more washy, and their proven reserves became not only fractional, but also in less liquid assets [ ' but alas, after the federal reserve announced 0% fractional reserves for us depository institutions [ (not 0.0001, literally 0 lol, they just use sql create usd now lol) i realized that tether is simply doing no worse
banks aren’t the ones that print money bruh. and a private family isn’t in control of the money supply. this isn’t 16th century europe. read a book.
agreed. with the new psd2 regulation in europe (with the rest of the world likely to follow suit in the next few years) that’s why neobanks are starting to pop up everywhere. great for competition!
nothing is free. you can keep all your money under your bed, nobody forces you to put it in a bank, or leave it there for a long time.
that's true for the us but my statement was ment in a broader sense and is also true for most western countries.
they think about money all the time. so maybe they should think harder about the things that matter if they do not want to stay where they are.
i did not learn any of this in school. this is not a education problem it is a interest problem. people want money but they do not care about money.
oh they can and they do. if the reserve requirement is e.g. 0.1 this means the bank can lend out 10x the money they hold. if you put 100% of the funds they lend at their central bank deposit account.
the man in the video is doing a great work by educating people about this and i do not think people are already educated about this
i said your parents should be teaching you the shit you dumb fuck. when did i say i was rich? i’m saying if you need this shit explain to you as an adult that your parents are both stupid and negligent. dummies assume shit too much
did they not teach you reading in your school? or are you going to cry poverty about that too. not many people were born rich so stop playing the poverty card because you don’t understand something you should understand as an adult. don’t be mad at me be mad at your dumb ass parents
we were taught this shit in 7th grade my man. this is basic ass shit.
the fucks a negative interest rate
of course it’s a way for banks to make money. well, not anymore but it was. like i said, they give the money from their customers to the central bank and also get an interest from it, the difference between this interest and the one their customers get is the banks profit. and in the current situation they lost this way to make money and couldn’t handle it anymore therefore giving the negative interest to the customers.
that’s also not how banks work
i can lend equally and make money….
you'll have to be more specific. it's certainly simplified. but it is not wrong. there's no fractional reserve ratio in place any more. that means banks can create as much money as there is demand for. they need no reserves at all to do it. edit: example (the down voters seem to agree with you, so let me show you why the above is correct) - let us make a simplified world where there is one bank no physical cash but assets exist. - our bank starts with zero on its balance sheet. - alice owns a house and bob owns nothing but wants to buy that house. - bob gets a mortgage from the bank for a hundred dollars - alice is willing to sell for a hundred dollars. - bank writes on their ledger _asset: owed . liability: owe alice . - magic. bank now has . and a liability that alice can spend in the economy. - alice wants charlie's car. no loan needed. bank just moves some of the liability to charlie. - bob, meanwhile, now owes some interest on the money he borrowed, but that never existed. he must go into the economy and create some wealth then pay a percentage of it to the bank. - and so on. in the real world there is already money that the government printed, but banks do not need it to create more. and of course it is the "banking system" not a single bank. and of course there is physical cash, so the only thing we're missing then is what happens when alice and charlie try to withdraw their cash at the same time. - bank panics. but luckily they both signed up to government bank in order to get permission for all these money creating abilities. - bank quickly calls up govbank and gets them to lend them one hundred dollars of cash. gov bank just prints it and hands it over. bank run thisaster averted. - alice and charlie take their cash and spend it at dave's gold emporium. - dave is now holding cash. but cash is no use for buying online porn so he deposits it back in the bank. - bank can now return the money that govbank loaned them and everything is back to normal. - govbank should probably burn that money. but they do not. it's too tempting to spend it on "vital services and dinners for their banker friends". inflation is born. - really we should count the debt-money that the bank created towards inflation too, but it is much harder to see so no one really does when talking about money supply inflation. i do not mind being wrong. but it is only fair you point out the 95% of it that is in error rather than just state that as fact.
blockfi. they're very limited in what you can buy, but it has some of the best overall rates i could find as a reputable.
thank you for this comment. not sure how long i will have to wait for that usdt spike to break, but i’m sitting on some dry powder for that occasion.
and something that decentralized finance, or defi for short🧐🤔
buy gold and silver ⭐️🏴‍☠️
no waaay! sign me in!
according to his video … cash value life insurance! smh
those have other "banks" that make coin on trades, same wine, new bags.
okay it’s not zero but 0.01 fine
yeah, they’re a big thing in france, 3 out of the 5 major banks are cooperative (mutualistes in french).
i'm not sure you understand what a bank is
how much is your used car going to be worth? owner financing sucks, collections make it not worth the headache unless you are selling a 30k car or something.
i believe this is only true beyond a certain threshold (with the thresholds in ireland being particularly high; quick search indicates 1m€ to 2.5m€ depending on the bank) more generally, i believe most "everyday" people are likely still better off with traditional banks until decentralized banking offers similar safeties and protections. i wouldn't push my grandma towards defi any more than i'd push her towards investing in the stock market. edit: above comment is not pointed specifically at u:)
incorrect, the deposit guarantee scheme covers your savings up to 100k. the second part however is sadly true. we are charged for the bank to hold our savings. hence why a number of credit unions have reduced the amount you can hold within said credit union ie. 15-30k max. with some even limiting how much you can save on a monthly basis. i know malahide cu have a 10k cap and a 1k monthly cap.
let's not get into why, and how that guarantee has also saddled us with 3 generations of bailout debt, and who benefited from it. k?
two counter-arguments: the bank is exposed to risk, but you are not. this translates into a difference in lending rates and savings interest rates. this difference has always existed, but psychologically, it is thisturbing when it went to 0 (or even negative). if you want to get more of the interest by sharing more of the risk, you could invest in something like vmbs (mortgage backed securities etf). ultimately, cryptocurrency, but should be considered complementary to traditional banking for most people.
the us dollar is backed by the full faith and credit of the united states, and the fact that oil barrels are traded in dollars. it's a petrodollar. we "printed" over one fifth of the market cap over the last year. most of that money does not physically exist. as far as a run on a bank, there is no reserve reqs anymore - my bank told me they did not have enough cash on hand to give me 5k once. the insurance is a prophylactic, though - if people trust that they can get their money even in the even of default, they would not rush to pull. i wouldn't give the contract to hp personally, but they would probably win the bid. no need though, nobody uses cash for anything other than drugs, tipping, or the farmer's market anymore. i went to a baseball game on friday and nobody even accepted cash.
they create it. they have that authority from the government.
i mean when it’s all at once then everyone is ducked and that’s what a bank run is. imagine titan but on a national scale.
you need to read more to get the complete picture. the same source goes on to say, "this does not mean that banks can—even in theory—create money without limit. on the contrary, banks are constrained by capital requirements, which are arguably more important than reserve requirements even in countries that have reserve requirements."
no they do not need any depositors to loan out money anymore
every time they issue a loan they are creating money out of thin air, because banks run fractional reserves (typically 10% or much lower) and not 100% reserves. they cannot print actual physical money or reserves, what is typically called m0, though.
there is not as much printed money as there is "money." the treasury prints money. the fed implements monetary policy, which often manifests through bank loans. in that sense, banks do "print" money. sorry for the shitty source, i do not feel like doing serious sourcing:
they do not need to. they just increase a number in a bankaccount. thats all they need to do. since cash is not used so much. noone cares. and if more cash is needed the fed prints that money for them. crazy game, right?
it was a joke. you’re absolutely right.
and this is how you're supposed to do it to an extent, you should be determining how much cash on hand (or very very low risk investments like some bonds) you keep based on some combination of the risk profile you're comfortable with your money and the risk profile of your investments. in the case of crypto as an investment vehicle, it is insanely high risk so unless it is a minority of your portfolio keeping almost no cash is pretty terrible
that is the purpose of a checking account. it's for spending not saving.
it’s their marketing department that emails. they want me to use their app to purchase stocks instead of another one because they want me to keep my money with them.
no, they mean they are making up lies on the internet.
that's the only way it works with a secured loan. a lender will typically give you like 75% of what your asset is worth.
in many countries in europe it is not allowed to be payed in cash. this to combat tax fraud. it is even illegal to make purchases over 5000 euro (or smth like that) in cash. this makes banks an integral part of our payment systems, but technically you can indeed deposit the necessary cash in a bank and then do the transaction.
lol that guy acts like he is a slave to the system when it is entirely his own choice to work for an employer that does not pay cash. not to mention in the us, you can absolutely pay the irs in cash. what a rube
bank accounts are fdic insured. you would get your money. the bank may have a big problem though.
well you aren’t wrong. my point was that worrying about bitcoin’s exchange rate into an inflationary and devaluating currency isn’t really necessary.
> most governments set limits and then they remove said limits : > as announced on march 15, 2020, the board reduced reserve requirement ratios to zero percent effective march 26, 2020. this action eliminated reserve requirements for all depository institutions.
this is how i understand it: i deposit 100 dollars into my bank account. the bank takes 90 dollars of that and loans it out to someone else who buys a house with that, but the balance in my account is still the same and i can withdraw it anytime i want. how is that not printing money?
its just about increasing numbers on an account. no printer needed.
dude. look up how fractional reserve banking works first.
"nobody wants mortgages or loans". wait, have we eradicated poverty already? that could be true in a certain region for a very limited amount of time in a niche set of circumstances, but people will always want to borrow money, because money is useful for buying things. also, there is an endless supply of people who want loans to start a business, even when they are not poor.
the european central bank has had negative interest rates for over five years, and has not been above 1% since 2011. definitely not a "corner case of fud", many banks simply do not feel the need to pay interest anymore.
okay, but it’s not “that one time”. it’s quite common. you said *any* bank gives interest. i merely said that wasn’t true. i don’t know what fud you’re referring to, man. cheers.
money under your bed is stolen through inflation. ask venezuelans how well putting money under their bed went for them.
>i did not learn any of this in school. that was my entire point.
that's not at all how fractional reserve banking works...
valid but neither is what you presented. banks do not in fact have all of the money they loan out, nor do they take on the entire risk of not being paid back (as bailouts have shown). so it’s not quite fair to say we need banks because we can’t do those things ourselves.
sure everyone can lend money by himself, but you will assume credit, liquidity risks etc.
did someone say short👀👀👀
something that could act as a block against the chain of banks and thistribute power in the form of a ledger.
i love gold, silver, and bitcoin!
0.04% at citibank for deposits below 10k usd. you cannot claim you were stolen from when you sell something and are not happy with the price.
at citibank .1% is only for deposits 25000.
sure, but notice how there is no one guaranteeing you that you’ll get a certain amount of **anything** for a given amount of dollars. you’ll get your 5k, 100k he’ll why not 1kk usd from your bank. ironically about the only thing you are assured to be able to buy with that full faith and credit is the government itself. ehh, i’m not complaining about the us though. it’s the same everywhere since breton woods. if we didn’t have easily available equity and other markets it’d be a real problem and people(as in actual people, aka wealthy) wouldn’t put up with it. it’s not that different wether you put your money in crypto, stocks or real estate. the dollar though … it’s dying. it’s a pale shadow of what’s it been in the 70s and 80s. you used to get an ounce of gold for about 30 bucks back then and federal debt was less than 40% of gdp. the dollar back then was so strong you could raise a family of 4 on a factory workers income and own a house by the time you retired.
you mean the reserve requirements that were set to 0% as of march 2020?
if we could get wsb to start a movement to get a few dozen million people to withdraw their money at the same time, we can bankrupt one bank at a time, why arnt we shorting banks and doing that?
but what are they actually keeping a reserve of? physical bills? becauase at this point all they do pretty much is move digital numbers around right?
oddly, banks can still fail with a reserve requirement of zero.
a normal bank cannot create cash. what is this 12 year old finance?
indirectly. from a central bank directly.
unlikely the reason today with no reserve requirement. must be other reasons.
> the complete picture. i understand it fine thanks mate. methinks you need to acquaint yourself with the current banking requirements. you said : > involves banks accepting deposits from customers and making loans to borrowers while holding in reserve that is objectively false. [reserve requirements have effectively been removed.]( > as of march 2020, the minimum reserve requirement for all deposit institutions was abolished, or more technically, fixed to zero percent of eligible deposits. the board previously mandated a zero reserve requirement for banks with eligible deposits up to , 3% for banks up to .3 million, and 10% thereafter. the removal of reserve requirements followed the federal reserve's shift to an "ample-reserves" system, in which the federal reserve banks pay member banks interest on reserves that they keep in excess of the required amount.
then how does this work actualy?
most of my crypto holdings are in stable coins lending
where do you live? a bank should not be marketing to you like this.
fdic only insures up to , assuming they even have the liquidity to do that or wouldn't be able to weasel out of it without consequences.
it’s not necessary if you’re just holding bitcoin to never do anything with it. until the world accepts bitcoin it’s a pretty big deal. take the dollar out of it. what you bought on newegg yesterday for .05 bitcoin now costs .1 bitcoin. losing value still doesn’t matter?
dude stop, you do not really understand what you're talking about.
the amount of dollars stays the same
they have a limit for printing money because of limited paper but they can increase the number to any level they want
no, it is not. i do not think you understand how fragile the system is. this is exactly what's happening right now. what do you think is causing hyperinflation? too much cash, not enough ways to make money with that cash (either through investments or loans). you are aware that over the last decade or so there has been a huge decrease in mortgages as more people rent? were already more than 4% below last year's levels. it's all a balancing acts. if the returns on loans and investments cannot cover banking costs, then the banks will have to start increasing rates.
i agree with you. keep it in the bank is the same. i am just saying that if you get offered a service (banking) and they do not ask you for money directly, there needs to be a way they make profits to pay employees and keep the services running. could you invest your money and profit from it? sure! do i need a safety net in cash ready to use in case of emergency? yes. am i bothered that they make money that way? no
banks do not need to break into your house to rob you
so your point is that people stay dumb if nobody activity teaches them?
well, read up on it if you think this is wrong. or show me your sources. here's the first hit i got from google proofing my point of view. but as i said i'd be quite interested in knowing why you think that is wrong.
sorry your parents didn’t teach you this stuff. sorry your parents are fucking dumb.
yeah i judge people stupid parents but clearly you can’t read because you keep on focusing on something else that i didn’t even write it’s kind of hilarious
> and no they dont teach kids taxes or finances or any actual useful shit in school you literally said you do not > you think insulting people makes you better than everyone. yur a fucking dick head.
bailouts (usually) aren’t handouts. they are paid back in full with interest. the state actually makes money on them. > banks do not in fact have all the money they loan out this is kind of a misconception. it’s half-true. i won’t go into it because that would require teaching an entire college-level finance class. either way, it’s not really what the post was about. again, i’m not saying that banks and the people in charge of them aren’t assholes. but if banks weren’t necessary at all they wouldn’t exist. there might be an alternative but it’s not as simple as it’s portrayed here. i’m actually thinking about writing my bachelor thesis about that :)
very limited risk with key holding platforms like hodl hodl and others which let you hold your own keys. as stated… bitcoin fixes this.
> outside of national banks, a bank is just a private business and they cannot print money any more than mcdonalds could print money. how much a bank can lend is still based on the deposits they hold. that's simply not true. fractional reserve requirements are now zero. and banks occupy a very special quasi-private position in the economy. they are licensed by the government exactly because of their magical money creation powers. > so to your comment about there being no fractional reserve, there is a fractional reserve, it is just in the us that fraction is currently zero. that's exactly the same as no fractional reserve. > that does not mean they can loan unlimited amounts of money though, it just means they can in theory loan 100% of what has been deposited. it absolutely does mean that. i do not think you've understood what the fractional reserve ratio meant even when it was non zero. 95% reserve ratio did not mean they could loan out 5%. it meant they could have 95% loans on their balance sheet for 5% reserve. that's creating money. with a 0% reserve requirement they can create any amount of money to the extent someone will take on the debt to match it. see my example in other comment. this video series is excellent for understanding modern banking. highly recommended > as for your comment about crypto, crypto exchanges are unregulated and the amount they hold in reserve does not have to be announced, nor does the amount people have on their balance sheets. this means crypto exchanges can sell vastly more crypto than really exists and that is exactly what i said. fractional reserve is still possible with crypto held in custodial accounts.
i get paid in silver - bought my truck with silver - and buy and transact in silver every week - yep
i'm interested why you do not just sell for cash and let the buyer finance if needed? what rate are you charging that makes possible litigation or collection costs worthwhile? the time value of money alone makes this confusing to me. you can make 5% annually with low risk in the market, why take on the risk? even 5% monthly on a 40k rv is 200 a month, 2400 a year, but your ass is exposed. if they default it is big boy court and a few k just in filing fees with no guarantee of recovery if they run. there are buyers out there with full value cash. i get owner financing for family as a favor, but also talk about a way to ruin a relationship if it sours.
yes, that is how money works. the dollar is strong af, inflation does not decrease it is strength, it is just valued less per unit due to inflation (which has been one of the lowest rates of any currency for decades). the fact that one cannot raise a family on minimum wage is due to corporate greed and lack of regulation and pessimism and wealth consolidation. who cares if you used to be able to buy a pickle for 5c if income scales. it just has not, and the narrative of "pulling yourself up by your bootstraps" (an impossibility coined as a criticism of the rampant individualism and blame in american society) has reinforced the "fuck you i got mine" prospective and everyone being a thisgraced millionaire. the dollar is stable, 75% of the peak value in the 80's, maybe, but 120% of the dip in the 70's. it's the standard. you can go pretty much anywhere in the world and spend dollars. the petrodollar has solidified that. you are looking at history through rose tinted glasses, and misassigning blame for the current fucked up exploitative system on the strength of the dollar rather than corporate greed dehumanizing the individual and pitting the working man against himself to consolidate wealth at the top: billionaires are dragons, sitting on their piles of gold gained from raping and pillaging the local countryside. it *was* better when you were younger, there was a middle class, but the relative strength of the dollar is not the culprit for this perceived decrease in the standard of living in the us. breton woods is an interesting place to assign blame, i have other thoughts after tracing families and energy money, but i think i see why breton woods could be seems as the begining of the current monetary system. gold has more industrial uses than it did in the 80's, and fear mongering gold bugs have pumped the price. the housing market bubble is due to the low mortgage rates and low inflation rates, as well as the population shift towards cities and the consolidation of the rental market through large funds. demand is high, supply is limited, access to money is cheap. if you make ~60 k a year, you're throwing money away renting. there are a lot of house rich cash poor boomers starting to need cash, who overvalue their one significant asset. and if they make up the available market, they set prices. and they all think they know what they got no lowballs.
the reserve requirement was dropped to try to pre-empt a bank run situation. if someone got a "withdrawal denied" at an atm and made a tiktok about it, there would have been a bank run. the government also loaned out cash to the banks, and the banks paid it back. edit: for reference, at the time you could not buy toilet paper. so a bank run or other weird financial situations were totally on the table. better to pre-empt it than run into a panic situation.
son of a bitch, i’m in.
the only problem with that is that then you have people with too much cash laying around the house and the police step in and confiscate it because "no law abiding citizen would have that much cash on hand".
i'm pretty sure that organising a bank run is actually illegal
the founder of wsb is starting something that may do just that, hopefully. wsbdapp.com will continue what they started on but on blockchain.
if we do that the bank will absolutely tell you they can’t get the money now but wait a few days and they will have it. they’d make us wait. it’s bullshit.
when making the loan the banks create both an asset (the money you owe the bank) and a liability (the money the bank paid to you), they get to charge interest on the asset. private banks definitely create most of the money in the economy. read it from the bank of england themselves
they can create debt ;)
you do not need to create cash when you have the internet. any bank can loan out multiple times what it has in it is vault via checks and money transfers and credit, and that is not cash. 12 year old is generous.
if you understood it then you wouldn't have made the statement "no backing at all is required anymore" which is false. the same source you cited goes on to say while there is no reserve requirement, there are still capital requirements for backing.
how much money do you have in the bank? are you taking it all out at one time? 1. probably not 2. maybe you’re one of the few. so: say you keep . you may take out . as long as the bank has “your” . rinse, wash, repeat. the problem comes when a bulk of customers move their money or cash out and the bank has more debuts than credits due at that point.
there's a seed of truth here. the banks do not literally print money, but they 'create' it. but that would happen even if we were using gold coins instead of usd, so long as loans were a thing. say i'm a guy with 100 gold coins. i do not want to have to carry them around in a wheelbarrow, so i go put them in the town bank. the banker says to me: look, i'll store your coins in the basement...for a fee. or, if you're okay with it, i'll lend it out with interest and actually pay you a few percent per year. you like that idea and give him permission to lend out, say, 50% of the money. then along comes some farmer who needs a new plow. he borrows 50 coins from the bank and buys a plow from the blacksmith (or whatever, i dunno). now...what does the blacksmith do with this money he is earned? he puts it in the bank, of course. and the banker says: look, i'll store it for a fee, but if you're interested... the banker does not know they are the same coins he got from you. but now there is apparently at least 150 coins in circulation, specifically on the bank balance sheet (actually more, after the bank lends out the 25, and the 12.5 etc...eventually you end up with 200), even though there is only 100 actual physical coins in this scenario. the government knows this happens, so instead of waiting for it to happen naturally, they just let banks lend money as long as they have a sufficient reserve. if the required reserve is 10%, then for every physical dollar the bank has in a vault (more or less) it can lend out (by increasing a bank balance, _not_ printing new dollar bills). it can seem like 'printing money'. but the same thing happens with bitcoin in the defi world, too, just the slow old-fashioned way. and none of this is a bad thing. the only way to avoid this result is to require 100% reserve, which means banning the lending of money. that would be terrible for the little guy, since it would mean that (a) storing your money in the bank would be expensive, and you'd lose, say, 2-4% of your savings per year, and (b) you could not borrow money. no mortgages, no car loans, no small business loans.
they are allowed to lend out ten times more money than they have. on this money that did not exist previously, they earn interest, and when money is paid back which it never is, it gets destroyed again. that is my understanding. earn money on money that you made up. the scam is not that they do this, but that the central bank accepts their phony money as real money.
they create digital money.
yeah, plenty of stable coins are fine cash equivalents
be that as it may, that is still your choice. you could always start your own business.
it’s . anyone with more than that just splits their money between multiple accounts. it’s been around for nearly 90 years and hasn’t had liquidity problems yet. they wouldn’t ‘weasel’ out of it because that would defeat the purpose of the program in the first place which is to inspire confidence in the banking system. in the event of a catastrophe bigger than 2008 where the fdic can’t meet its responsibilities they would almost certainly add to the deficit to fund the fdic before they would deny coverage.
the insurance company is the federal government. this program is funded by a fee paid by banks.
do not bother with froggie he is trolled in here as long as i can remember
> you do not really understand what you're talking about. i'm providing evidence for my assertions. you should try it.
i know very well how a bank run happens. my point is on the banks quarterly they will still list my bank account with 100 dollar. furthermore, everyone will assume i have the money that is in my bank account, which surely affects how one thinks about ones economy.
don't worry, just a bunch of young kids who do not know shit. i think we can both agree ib is ridiculous but a local bank making some money is fine. like you said, no free lunch. people are free to bury their money in the backyard if they like...
my point is that financial literacy is not taught like other skills and many people grow up without being aware it is a skill to master that helps dramatically navigating modern life.
totally agree with you. banks can only exist because they fulfill a necessary niche. my point was just that they’re able to get away with riskier practices than most because of favorable legislation, and if everyone had access to similarly favorable rules they could get away with far riskier investments than we do.
wait so when you bought your truck you just handed them a bunch of silver bars? how does that work? don’t they have to turn around and sell the silver which is more work? why would they except silver? could you explain i’m genuinely confused...
> the dollar is strong af then why is it losing so much of its value vs bitcoin?
:) [ \*as announced on march 15, 2020, the board reduced reserve requirement ratios to zero percent effective march 26, 2020. this action eliminated reserve requirements for all depository institutions.
this is true, and there was a famous incident back in the 50s where people in a small town made a run on their bank. if they had all withdrawn their money then bank would have had it exposed that they did not have things covered. to prevent this, our federal government requires banks to be fdic insured. that means the fed will step in and cover the shortage. and in fact, the fed sent armored trucks full of cash barreling at this bank. the funny thing is as soon as people saw the trucks, they stopped withdrawing their money. just the promise of the money was enough to convince them it was safe.
thats when you burn the cash
doesn’t have to be cash though, you could just all dump chase and move it electronically to another bank for example
u act like anyone has over 100. only time someone will have money is to pay bills on the 1st-10th.
even if i did pull my cash out. it would cost them more then what i have on hand to come take it. i'm not alone am i?
why keep the cash when you can buy crypto, i will with draw and keep them in a safe place controlled by me
not if we spontaneously do it without organisation also its only illegal because the rich people want it to be, but the cosmic universe doesnt care what you do
two can play at that game , thats when you start having 2million people start defaulting on their loan and credit card payments you may get some late charges but when the bank collapses it wont matter
y'all have a 12 year old's understanding of fractional reserve banking. a bank cannot loan out more money than it has. fractional reserve just means that it has to keep a fraction of its holding in reserve and it can loan out everything else. it does not mean they can loan out more than they have deposits for.
they do not print it or create it. a bank cannot lend out more than its deposits. it's under no obligation to determine if money loaned out has been deposited by someone else recursively like that.
it's not money they made up. it's money that has been deposited. it cannot lend more than its deposits.
> it’s i believe that is if you're married and have a joint account. if there were a national bankrun wherein 95% of the population participated, i think it is pretty much guaranteed that the fdic would weasel out and vast numbers of people would be left holding with nothing. i think you place far too much confidence in these institutions.
which is why the federal government gives banks the ability to print? why print if everything is so aligned.
haha i realized and just blocked after the last comment. 😂
you're implying this is a grave issue, when it is not. you're spreading fud on banking.
thank god i am not the only one with some logical thinking around here. thank you.
> that is true though. if the reserve amount is 10% then banks cant; print money, they can loan up to 90% of hat they have in deposits yeah this is a common misunderstanding. you've got to consider the whole cycle. when the bank lends 90%, what does the borrower do with it? they deposit it in the bank. the bank can then lend 90% of that. and so on and so on. the result is that a 90% reserve ratio results in 10% genuine money being amplified up x10. > no fractional reserve as you're describing it would be the removal of the limit, allowing banks to lend an unlimited amount of money regardless of whether or not that can be backed by deposits. that is not a thing. i'm afraid it is exactly that. when there is no ratio, the borrower deposits what is loaned and the bank is able to lend 100% of it again... forever. as i said, that does not result in the ability to print money arbitrarily, but provided someone is willing to take on the debt, the bank is able to supply money to fulfill that demand, by creating it as their debt to the person who receives the loan - at that moment the lender is both creditor and debtor to the bank and they sum to zero. any article on fractional reserve banking will say that banks create money in this way. it's the m3 supply i think. > your example makes no sense because the bank cannot loan bob . since the bank cannot print money, if a bank has , it cannot loan any money out. again... i hate to be the bearer of bad news, what you wrote here is indeed the common misunderstanding of how banks function, but it is not so. the bank does not need any money in order to lend money because a bank deposit is an iou. the bank let us you transfer that iou to other bank users. or only works because they are the only people in an economy whose ious are as trusted as money. but the accounting of it is exactly as if you wrote an iou to me and then i used that iou to make a purchase. if the person i'm buying from trusts that iou from you, then we've done two transactions without needing any cash, and you effectively printed money when you have me the original iou. honestly... i really encourage you to watch the youtube series i linked to. it explains all of this very well. > except you claimed there was less incentive for exchanges to misbehave, when in fact there is more incentive we could debate this point, there are certainly complexities when it comes to incentives. but i do not think it is true. the thisincentive to indulge in fractional reserve is that there is no lender of last resort. therefore they risk going bust. it's the same thisincentive every private company has for going into debt it cannot pay. banks do not have that thisincentive because they can always pay by going to the central bank in emergencies. that's not too say it would not happen. but my argument is that there is a definite higher risk for doing so in the crypto world than there is in fiat banking. we know this because banks do massive amounts of fractional reserve banking, and are encouraged to do so by virtue of the fact that the reserve ratio has always been so ridiculously low (or high depending on which way we're looking at the figure). i'm really not trying to be thisagreeable, and i understand what you're saying. i would encourage you to research more though as i believe you have a genuine misunderstanding. one that is completely normal and very common. i think the key component you're missing is that loaned money stays in the banking system: the same hundred dollars is loaned multiple times, not just once. that results in creation of money. even just the wikipedia article on fractional reserve covers that this is the case... > when a loan is made by the commercial bank, the bank is keeping only a fraction of central bank money as reserves and the __money supply expands__ by the size of the loan.[5] this process is called "deposit multiplication". the money multiplier section gives the equation. > the money multiplier, m, is the inverse of the reserve requirement, r that means a, say, 10% reserve requirement multiplied the money by 1.1 ... which is 10. a zero percent requirement therefore results in an infinite multiplier. exactly as i said. i've done my best now though. if you do not want to believe me that is okay. i do not think i can do any better explanations than i have done, so i'd again encourage external research for further information on this issue.
sure . i wanted a 1978 ford forever , guy had one for sale forever, i gave him 250oz in bars for it - my cost average was about 14.25 on the silver - and spot was at 23 at the time so it really worked out nicely for both of us i’m in construction and i offer thiscounts for folks that pay me in metals as well .
ok that makes more sense, you're essentially doing micro loans out of the good of your heart and for fun, with the 7% sweetener. i am an attorney and a landlord, and i wouldn't intentionally show my ass like that for the income exactly because i do understand the possible liability and costs in case of default, not to mention the value of my time dealing with it, but i might to help someone out. good on you. want to sell an 05 wrx? i have not had the time to list the ugly sob (hail damage and generally bad subaru paint in the colorado sun) but has under 200000k and has been well maintained mechanically. just redid the timing belt. needs a clutch soon, though.
that's not a measure of the total strength of the dollar. bitcoin gaining value =/= the dollar losing value.
banks have been [holding huge excess reserves since 2008]( the reserve requirement has been obsolete for awhile now.
to zero percent?! wow.
what. the. fuck. that's immeasurably worse than fractional reserve. and fractional reserve is almost the worst idea ever.
>just the promise of the money was enough to convince them it was safe it's a system that is entirely build on ~~blind~~ trust! without that, we'd go straight back to bartering.
it was the 30s and it was a little incident you might know as the great depression. cool anecdote though.
i remember that time. thank heavens clarence was there to put george on the right path.
why burn it, you can buy cryptocurrency or buy gold with it
until the whales crash it again and take all the hard earned money you put in. market makers and hf are using crypto as liquidity, once hype is there they pull out and leave everyone holding the bag. the system is fraudulent
they absolutely can and do i think you need to do some more reading its good for your brain
yea, they create credits from the money you deposited. technically it is not from nothing but it is close to how central banks create money out of thin air. banks keep only a fraction of what is deposited, they loan the rest with interest to borrowers.
there's no point in trying to explain this on this subreddit. if fractional reserve banking did not exist, then banks would never be able to give out a loan, because they would need to keep 100% of their customers deposits as cash reserve. fractional reserve banking just means that banks can loan out some of the money that was deposited at that bank. in return for the extra risk, depositors have to pay less (and in the past earned money) for the bank's services. the money multiplication happens once lent out money is being deposited at a second bank. because the second bank can also loan out a fraction of their deposits, the total amount of money in the economy is increased, so long as banks actually feel comfortable providing the credit. during recessions, banks do not want to go under and so they hesitate to offer credit. that's why the fed and ecb want to avoid that banks will keep a higher reserve than they are allowed to.
in theory, a bank should loan out 90% of the money it takes in, holding 10% in reserve. that's what common sense tells you, right? in practice, they keep 100% in reserve. with such a reserve, they are allowed to lend out 9x (or whatever the multiplier is) times the money they have in reserve. that's how they create money.
i want to live in that world!
they only need to keep ~5% of the actual amount, the rest they can lend out as credit.
>a bank cannot lend out more than its deposits. this is 100% false. i do not know of a single country that mandates 100% reserves, most only require 10% or even less. in the us it is currently 0%.
you are incorrect. look it up.
i don’t agree but it’s a hypothetical that hopefully we will never find out who is right. the very fact that the insurance exists greatly diminishes the chances of a bank run where 95% of people participate.
sorry, but i do not understand what you are getting at here. fdic insurance was implemented after the great depression to prevent bank runs and restore confidence in the banking system. it has nothing to do with giving banks the ability to print money (by which i assume you mean fractional reserve lending?).
> you're implying i'm stating facts.
just another data point [headline]( i saw today regarding the topic.
he’s about to go salt frog on you. watch out.
> well it is a good thing the bankers wouldn't dare abuse this. whew! i was worried there for a second.
'held' in totally illiquid houses at bubble prices.
not blind trust, a mutual contract of exchange. a dollar bill is a representation of the stability of your nations economy essentially, it is not *blind trust* but, at least in theory, it is earned faith. as long as bread eggs and milk are on the shelves and your dollar goes just as far no one panics or questions the value of a dollar. also, we could not go back to bartering at this point because too many people have jobs that do not actually produce anything with which to barter. programmers are not valuable in a world where no one has access to phones or computers, restaurants would be almost non existent relative to what we see today simply because global supply chain wouldn't be efficient at all. fiat currency is all about making the system bigger and faster through leverage that cannot be achieved through barter.
there's more than 1 bank run in history.
nothing changes if you do not sell. people need to stop viewing the world in usd already. 1 bowl of soup = 1 bowl of soup. 1btc= 1 btc. these things done change unless we do something to them.
>yeah, they can if they could, why do bank runs bankrupt them?
> holding 10% in reserve. the reserve requirement was removed last year. they need to hold 0%. > as announced on march 15, 2020, the board reduced reserve requirement ratios to zero percent effective march 26, 2020. this action eliminated reserve requirements for all depository institutions.
> they only need to keep ~5% of the actual amount, they only need to keep 0%. > as announced on march 15, 2020, the board reduced reserve requirement ratios to zero percent effective march 26, 2020. this action eliminated reserve requirements for all depository institutions.
i think what they meant is that a bank can’t lend out more than the total deposits they’ve ever received. if a bank has received , it can’t lend . if i understand correctly, fractional reserve banking just enforces banks to hold a percentage of their total deposits in reserve. if the reserve ratio is 10%, a bank with . it looks like investopedia uses almost this exact example:
no y'all need to understand how a fractional reserve bank actually works.
yes, hopefully we never have to find out.
im questioning can the fdic cover all eligible accounts upto ,000 in any instant of time. and if yes, why would you have to undergo qe at all in the first place.
no i said "you're implying this is a grave issue" , do not be so thisingenuous it is a bad look. and i say implying because i'm not denying your link and what it states, but i am saying you're making it look like the sky if falling. sorry if the word implying was too complex for you?
> but that is not what happens. people do not tend to take a loan out to sit with in in an account in the same bank, so while theoretically true, it is not what happens in practice. of course not -- i gave that example to show the moment the money is created. once that positive balance is in the account, you can go and spend it in the economy is the point. that's the transfer of the bank's iou to you to someone else. that's all a depsosit balance is. - i owe bank ; bank owes me . loan has been made. net is still zero though. - i transfer . - i owe bank ; bank owes you . net is still zero and yet . the above is the core of my argument, and i've shown it multiple times. your only counter has been to say "they cannot do this". why? what part of the above is that which you think that banks cannot and do not do? > they do though. banks often create a loan before securing the deposit for it, but at the end of the day they need to be above the reserve threshold. sure, they can then sell that debt on so it is no longer their liability. you're not appreciating what the reserve threshold means. it's best to analyse it as one bank, but it all still applies when it is multiple banks settling between them. - bank has "reserve". lends %. the lender spends it on, say a car. - if this money just vanished, then you would be right. it does not though, it generally goes to the only place it can go in the modern world: back in the bank. - the car seller deposits that . the bank now has an additional . they lend .25. the lender spends it on a tv. - the tv seller deposits it. the bank now has an additional .25 in reserve. - and so on. they lend the same money again and again. when you add up this series right to the end you get the result that the money multiplier, m is 1. the 5% reserve ratio lets them multiply the original reserve by 20. all while keeping "above the reserve ratio". add up the above reserves to see it is true: + + .25 + ... = (/= 5%). if the reserve ratio is 0% then there is no limit on how many times this process can go on -- the bank can, provided there is demand, create new money as debt infinitely. > this is the problem though, your information is coming from youtube videos. it's absolutely not coming from youtube videos. the video i linked to was because it is a very good series that graphically shows all that i'm explaining to you. i've got this information from many, many places. the wikipedia and investopedia articles say the same thing as i am; and typing "fractional reserve banking" into google will result in pages of articles that say it too. (edit: i just clicked one at random, from money week _"one example of this in practice is someone depositing £100 in a bank. assuming that the bank has a reserve ratio of 25% (though in reality it would be much lower), it lends out £75 to an industrial firm. this £75 is deposited in the firm's bank account. the bank then uses this £75 deposit to make a further loan of £56.25 and so on, until the bank has made loans of £300, backed by £100 worth of reserves."_ which is almost exactly the example i gave above. it also says _"a few economists still argue that loans have a neutral effect on the money supply, because they have to be repaid. however, most agree that because loans involve the creation of new bank deposits, banks are in effect printing money. this means that monetary policy is in private hands."_ i'm not alone in saying that banks print money. please point me at some reference that supports your view of the non-multiplying effect of fractional reserve) > you're taking overly simplified information and then forming conclusions that simply are not true since the video series is literally hours long -- you cannot possibly have watched it in the time we have been talking. therefore you have no basis for saying it is "overly simplified". > such as your claim that banks can just print infinite money because the reserve threshold is 0%. well that is not what i said. here's what i said: > as i said, that does not result in the ability to print money arbitrarily, but provided someone is willing to take on the debt, the bank is able to supply money to fulfill that demand, the bank is _definitely_ able to create infinite money though. that they do not is only because eventually the demand for credit runs out. >but there is not because for all intents and purposes any crypto held by customers is irrelevant. an exchange could sell as much btc as they want while holding nearly none, pay their directors insanely huge amounts of money then collapse the company and all they would be liable for is any fiat deposits they hold for their customers. bank runs are absolutely a thing. and saying "all they would be liable for is the fiat" is simply not true. they are absolutely liable for the crypto on deposit too. if all their customers try to withdraw it and they do not have it there, in reserve, to pay them, they go bust. that's the thisincentive. > there is in fact a growing concern that between exchanges holding far less actual crypto than they need and tether printing usdt every time the price of bitcoin drops that the entire crypto market is increasingly being built on a fragile base. binance looks pretty shaky these days. i've pulled all of my holdings with binance out and i know i'm not alone. i agree entirely -- and that is exactly the reason that exchanges have a thisincentive that banks do not have. if these exchanges have indulged in fractional reserve they will go bust -- customers will lose money too, but they will still be bust. banks do not have that risk and so do not have that thisincentive -- hence they do lots of fractional reserve banking and never go bust. exchanges that do fractional reserve banking will eventually go bust -- how are you arguing that that is not an increased risk for exchanges? i did not say exchanges wouldn't do fractional reserve. i said that crypto does not stop it as some people seem to think, but at least there is a consequence for doing it.
makes sense. i only just "made it" enough to lease a new truck, never owned anything under 5 years old before, definitely a different market.
the dollar is progressively hitting lower highs and higher lows. i'm not a dollar booster but it is honestly just stabilizing towards the mean dxy of ~ 100. crypto and the yuan threaten that, but at least right now, it is not a sinking ship. with the petrodollar as it is, the dollar is not a failing without some big systematic change. raw purchasing-power-wise the dollar is stronger than it was in the 70s. more than 24 countries use the usd as official currency. double that it is the de-facto currency. the usa is an empire in decline and the dollar may follow eventually, but i do not see it happening in the next few years. its the lingua franca of money.
not at all. reserves are liquid cash. try again to figure out why this is bad.
> fiat currency is all about making the system bigger and faster through leverage that cannot be achieved through barter. give them your money for the liquidity then.
while i agree with the usd statement; i think your soup. the whole point of a currency is to exchange it for goods and services (1btc=1soup). remove that transfer and yea it is straightforward, but now you gotta work for soup instead of currency.
you still need the measure against one thing to another though! 1btc= x bowls of soup... but to speed things up we have cash
we live in a brave new world : > as announced on march 15, 2020, the board reduced reserve requirement ratios to zero percent effective march 26, 2020. this action eliminated reserve requirements for all depository institutions.
>if a bank has received , it can’t lend . they can. as long as they can meet reserve requirements they can keep lending. yes, if the requirement is 10% they need to keep , but that is a protection against bank runs, not a limit on loans. because of the money multiplier effect (money that is lent out is re-deposited at the bank and can be lent out again), the amount of money that is lent out can easily exceed the total deposits. here's an example, assuming all the companies use the same bank to keep things simple: 1. company a deposits 1. company b takes out a .9b loan, the bank cannot lend more because they need to keep .1b in reserves 1. company b pays company c .9b for something 1. company c deposits .9b 1. company d takes out a .81b loan, the bank cannot lend more because they need to keep .09b in reserves 1. company d pays company e .81b for something 1. company e deposits .81b 1. company f takes out a .729b loan, the bank cannot lend more because they need to keep .081b in reserves so with a single .439b in loans, while meeting their reserve requirements. this process can keep going for a lot more iterations.
you are objectively incorrect. > as announced on march 15, 2020, the board reduced reserve requirement ratios to zero percent effective march 26, 2020. this action eliminated reserve requirements for all depository institutions.
you can start here:
> y'all need to understand how a fractional reserve bank actually works. you are objectively incorrect. > as announced on march 15, 2020, the board reduced reserve requirement ratios to zero percent effective march 26, 2020. this action eliminated reserve requirements for all depository institutions.
it’s insurance, they do it the same way geico and progressive and a handful of other insurance companies cover 200 million cars on the road. they don’t have an amount of cash equivalent to the value of all those cars sitting in a bank account. they know that a percentage of accidents happen each year and estimate how much they need to pay those out. they collect premiums from customers to cover those claims totals plus overhead and profit. the fdic does the same minus the profit since its a government program. it’s been in place since the 1930’s and has never become insolvent. qe has nothing to do with deposit insurance. it’s an entirely different thing being done for an entirely different reason. p.s. it’s up to .
> no i said i do not give a shit what you said. what matters is what i said was a fact. > sorry if the word implying was too complex for you? your confusion has no relevance to me.
average price 55k. purchase was before the tweet, they just let people know now.
"use all your time to acquire more bitcoin, or educate yourself, and then educate everyone around you." michael "skin in the game" saylor.
“the proof of work architecture anchors the crypto-asset network physically & politically to the firmament of reality, driving ferocious competition in the marketplace to decentralize, improve, & secure the network, thus assuring vitality & integrity over time” the man has a way with words
saylor is a pimp!!
i agree with saylor's assessment. however, we should stop propping up other individuals as heroes. yes, institutional acceptance is a sign of adoption. but just as with elon, i will not solely rely on big name investors to validate what i think about bitcoin. be your own hero, everyone. continue to do your own research, weigh the benefits and drawbacks, and come to your own conclusions and convictions.
as others have pointed out: elon: bitcoin bad, it uses too much electricity. also elon: tesla cars are good. the run entirely on electricity.
during the dip i bought both btc and microstrategy stock. i do not own any tesla stock or care about it, not like i can afford their products lol and they do not even give dividends.
musk is a fun loving troll, look at the only coin he loves, a meme coin.
i bought ,000 more upon his announcement! i’m not elon’s bitcoin bitch!
should we care, or it is hypocritical to only care when something or in this case someone is pro bitcoin? let us not care both ways. bitcoin does not need it, or does it?! it does not! or does it?
tesla should put btc miners in their powerwalls connected to solar panels that turn on and mine when full so they can contribute green hashing to the btc network when not charging the batteries.
why, cause f*ck elon that is why
we should be thanking elon that he tanked the price. now we can buy some dips.
look at us all competing over a capped 21 million. most of us will never sell either. price goes to infinity
btc will recover and he bought the dip. moving on...
i think the richer you are the less you know about bitcoin since it has no appeal to you, it offers you nothing, you don’t need it, so you don’t desire to understand it. meanwhile some poorer people (or more middle class idk) are actually interested in it. this explains elon musk inability to understand why bitcoin specifically, of all tokens, is the superior allocation at the moment. elon simply is not in touch with any actual market. he exists removed from the market networks, people buy things for him and he has purchasing managers, he doesn’t interface with any of the actual monetary networks. he doesn’t buy things he doesn’t sell things, people buy and sell things for him, so he simply does not understand much about money. the understanding of markets is something that eludes many highly intelligent people, it’s not something we should’ve ever expected elon musk to understand. his perspective isn’t one where he would see the appeal of bitcoin. to him it’s arbitrary essentially because he’s not familiar with how money really works. he’s highly intelligent, it’s just that his intelligence is focused on things like physics engineering and coding, not markets or investing or resource management or resource efficiency. his money comes from his family who made their money mining. he’s an industrialist, he’s very good at what he does, and what he does is running factories. he’s not someone who understands monetary networks. in his eyes, i think, money is made by making things. not by investing. this explains his sort of irrational and hard to understand. he’s just not an investor or finance guy. he’s a... maker of objects. he deals with 3 dimensional meat space not strategic resource allocation. he’s good at what he does his lack of precision in this area isn’t a character flaw he’s just human. but i will say he’s selfish and we’ve all been seeing that very clearly lately.
just sold my tesla and bought me some microstrategy. before i read this in fact…awesome news!
elon planned from the beginning to play the game. he bought it cheap, then said it would bring it to tesla then sold it at high price and pulled out by saying it’s harmful for the nature. didn’t he know from the beginning. of course he did. he fooled people for his own benefit.
things of real value take energy and time. printing fiat currency takes neither.
right. as everybody has said, he is not the reason for buying. so not the reason to be selling.
who gives a shit about elon or this saylor guy and his stupid voice. i do my own thing. i accumulate bitcoin and hodl. that's all.
elon needs to worry more about how much fossil fuel it takes to produce his cars than harp on what bitcoin uses ...
i think saylor is a fucking genius. his audacity scares some people and they find it extreme. i don’t. he’s brilliant.
fucking badass but it is super prudent. saylor sees the inflation mess that is sweeping this country and is taking practical steps to have a storage of value.
ms is the ceo prototype. he knows the crypto... solid, balanced decisions w. elon is a true autistic narcissist. he got in trouble w's board after smoking reefer on the joe rogan podcast. he has no social filter and he cannot stand being out of the limelight. fuck him; i hope he finds a new sandbox for his toys (and money).
investors showed perennial patience with tesla's when they were blowing up on the side of the highway.
ive been saying saylor is the real mvp in the public markets space. i support btc and (their public stock ticker). is there a reddit sub so we can support mstr as well? i see that community is too small for how much saylor is doing for the btc community.
microstrategy, my new favourite company that i'd have never even heard of unless i was into crypto
of course all the serious firms will sit down with their accountants and actuaries and realize the same conclusion. resources are getting scarcer, we are getting closer to ai mass adoption, the most precious metals and copper are about to skyrocket, the chips are all going to be bought up and the real effects of the dearth will drive the prices up exponentially in the next 5 years. so they are making moves to diversify and yeah that means not blindly following everything elon says. besides everybody already knows that almost 3.
elon is a cunt sorry not sorry
musk is only trying to manipulate the market anyways as we all know he is hodling and is buying the dip he created. wonder if he is surprised how little it dipped and how little he impacts things overall. i mean don’t get me wrong, his influence over coin price is way higher than mine, but it is clear that even the most powerful people only have some much sway in crypto.
fuck musk. hes guilty of market manipulation time and time again. this is just another example.
saylor knows more about btc than elon...
that's real quick badass
you mean like he does every 2-3 weeks? that’s just where microstrategy puts their profits. he’s ride or die
well give them a bone from the shiba!
how many tesla’s charge at home where their power heavily comes from coal? his logic is baffling. more renewables in btc mining than electric car charging.
elon needs to be stopped. i hope micheal saylor is the one to do it.
he did not criticize bitcoin he criticized using coal to mine it he thinks bitcoin is great
you people are cheering a failed ceo that is going to bankrupt his company in the next year or so when the debt comes due. idiots.
and privately, elon's like, so did i!
kind of sad people talk about elon musk when people should be talking about michael saylor.
black knight white knight. nice right eye only shot.
sailor dcain the top
dca and have some for opportunistic buys. it zeroes out the elon nonsense.
no fking shit. you could mine whatever the heck you want with elon ev batteries. he mainly did this to boost earnings, imo
am i the only one who saw highlander in the thumbnail?
that's what i'm talking about
qsp marker is ready to go, i need someone to help me make my profits and get it up on the binance platform
cool. pump up the value please, i need the downpayment money.
rejects reality inserts own
they got a building by me, i only know them for selling some pretty cool brm tooling. still kind've blows my mind they crypto dickwave this hard. it's not a knock on crypto it just comes off to me like if you read dennys is hard like that.
💎🥜🌰🥥 <-------diamond nuts... balls of solid oak
saylor is a maximalist. musk is a bitcoin opportunist, using bitcoin to put lipstick on tesla’s so called « earnings »
slayer is a g
oh well, microstrategy knows how to play the game of cryptocurrency market
wait, how did they buy a million bitcoin for ? or is it 15m btc for a dollar? a single bitcoin for ?
well done saylor better than elon!
elon musk must be in shock right now lol
crypto is not zero sum game. i got bitcoin on nrg. i’m earn yield in defi. too good to be true. you mine it, i save it. 😂
ahaha this is something
micheal saylor is and always has been the bitcoin king
4 days later and he could have gotten a serious thiscount
how is the dip treating you all?
hopefully he bought 1.5 billion ...😅
wooooow 15 million. price go up a few bucks? ha. i troll. bravo
now that we all hate on elon, how will we react when microstrategy sell some of their bitcoin?
all of y'all sound like you have sand in your vaginas
crypto crash is coming
and market went down over the friday. yep we in for a dip
btc is an environmental terrorism. pos coins (like ada) is the only way to go.
finally, a new god.
it’s great that they keep buying. but this is only 30 btc, should it really make the news every time?
bet the farm musk bought at the dip too.
saylor knows how to get rich&famous
i did not get this elon tweet... isn't he still invested?? doesn't he hurt his own gains here?
>saylor confirmed that microstrategy holds 91,850 bitcoin, purchased for approximately .241 billion at an average of ,403 per bitcoin. that's what you call dollar cost averaging
guys i want random opinion of someone on internet. i want to buy 2 grand crypto im going to put it in 5 year time capsule by throwing away password and then having it emailed back to me in 5 years. im looking for big gains, but not crazy risky what should i buy thanks for your input
unfortunately, the price is still really low after elon's tweet :/
sayl to the moon.
i feel like the fossil fuel concerns with bitcoin are the same kind of thing as "bitcoin scams." painting the problem as bitcoin rather than the problem of generating electricity with coal.
what is the carbon footprint of: sending a pallet of . cash, via a c-130, to iran? and ? i suppose, if they rideshared?
they bought the dip just like elon did. lol
how was elon’s statement a criticism? it’s a fact that bitcoin mining uses a fuck ton on energy resources. are we delusional now and telling ourselves otherwise?
damn he bought a bitcoin for 15 milion? that sounds like a bad deal. not financial advice
fuck elon, and tesla deciding not to accept bitcoin for their cars anymore is wack (not that they really even sell cars like that), but the criticism has some validity there are tons of mining operations that try to reduce
they bought 15 million bitcoin!?!?!?! save some for the rest of us
yes and 2 bedroom, 2 bath, 1050 sq ft tear downs are going for .9m in los angeles. that does not mean it makes sense or is sustainable.
good front page copium post
one thing hard to understand is why there are so many people on reddit willing to suck elon musk's dick, men included.
interesting, bitcoin vs. bitcoin etf '
the way it should be done.
yeah dude like what is that 200 coins, i’m sure he made a dent in the supply cap and moved the market.
whew so... 28 coins... ridiculous when you think about it.
this is from two weeks ago, bought at 55k.
was yesterday tho, and did not really save anything, did it ?
they have over 91k bitcoins and people here are struggling just to acquire one. who are you going to listen to? someone with 91k bitcoins or someone with barely 100 satoshi’s? me personally, i’m all in because of saylor. let’s all come back to this thread in another hundred years and see how it turned out.
this dude just might be a little bias
it is true that tesla sold ? so now he’s not trading it until they work out a carbon neutral mining method? so pump (extol the virtues) while selling before you condemn (dump) has been combined with the double standard of denying environmental harm by not trading? does it get sicker than that?
word salad, he said a whole bunch of things without saying anything.
reddit is obsessed with him.
lol this sub loved him when he endorsed btc. now you do not give a shit about him...
if these reporters were good they wouldn't be writing for decrypt.co
i don’t give to shits about him and tesla... totally backing up your statement.
you are mispronouncing elton
elon overplayed his hand. hope it was worth it for him
the idiots who eat up every article about the guy.
his bullshit tweets will soon have no impact on anything
"friendship with elon ended, now michael saylor is my new best friend"
people who want to profit off his inadvertent micro-bubble. which is a solid strategy if you're into that sort of quick trading... but otherwise: bitcoin was rising *before* elon, and it will rise *after* elon.
>we should stop propping up other individuals as heroes. yes we should. eventually. but the "hero" thing is good for business right now tbh. as bo burhham once said... >***"we'll stop beating this dead horse when it stops spitting out money"***
elon: coal is bad! also elon: let’s move factory to state powered on more coal!
it’s about alternatives. the alternatives to driving a tesla (mostly) involve *higher* lifetime carbon emissions. the alternatives to using bitcoin involve *lower* lifetime carbon emissions.
to be fair, elon is advocating for alternative cryptos that are not pow. evs use energy but less so than their ice counterparts.
also elon: let’s shoot rockets into space each week. that will surely help the environment.
lithium mining is bad! cobalt mining! ahhhhh!
elon’s baby mama: sells nfts
yeah but cars have actual material utility. you cannot drive a crypto mining rig to work. they jsut heat up the environment and crate chip shortages.
electricity for mining potentially coming from fossil fuels: big bad electricity for charging teslas potentially coming from fossil fuels: no biggie elon is a hypocrite
elon sure did learn he is not boss. positive he got sat down with a bunch of sunglasses
let's not care both ways is a wise strategy.
i think we should care both ways. if there is criticism about bitcoin, then we should properly address it, especially if the criticism is valid and can help improve bitcoin. the more people that believe in bitcoin, the better off it’ll be. and no matter how right you may be about bitcoin, it won’t matter if people don’t believe you. so we should care to enlightened and educate people. in the same light, we shouldn’t care in the sense that we let wrong info make our decisions. we shouldn’t make decisions only off what others say, we should do our diligence and research; then make an informed decision. don’t let someone else’s conclusion dominate your own understanding and decisions. recognize it, correct it (if necessary) and carry on
bitcoin does not need it. it has not needed it for the last decade. good news is always good for bitcoin but bitcoin does not need a face.
we care about being for or against for honest reasons. musk did not know about pow before now? bullshit.
even better, make it into an hvac system so the heat of the mining is useful and not wasted. they will definitely do this eventually
that's the kind of innovation you would expect from someone like musk if he was with a damn. but no, he is just a fucking conman.
elon's girlfriend needs that energy to charge her dildo.
show me on the doll where elon touched you
elon giveth, elon taketh away. either way, elon always does what's right for you. *psalms 69:420*
elon has a long history of manipulating stocks and currencies and they would not touch him. spacex is a "get out of jail free" card for this dick
saylor has a great understanding and grasp of the technology and puts a lot of effort into educating people on it. he does great work for the bitcoin network
you’re gonna need voices like saylor to make it through crypto winter and not paperhand bitch out of btc
much wisdom. such advice
this is the way…
saylor beyond bitcoin has a great understanding of the economy
of course electric cars are not yet built cleanly: ice vehicles had 100 years to get their infrastructure optimized. but if you look at the learning curve of battery technology (and the improvements in the pipeline), you can see that in a few years they will take over ice vehicles in manufacturing efficiency just like btc will take over the world in 10 years.
i do not think selling is the insurmountable obstacle you seem to think it is.
instead of committing a genetic fallacy (or something really close to that...), why do not you attack the central point? attacking the source, instead of the point, is more often than not the last resort of those who do not really have a valid argument and have to resort to cheap tricks.
you can shut the fuck up about it. they do the opposite.
we need less cults of personality. btc is all about not trusting humans. why build an altar to anyone else when the code?
na, bitch i'm a pussy, &ur just an ugly dog. 🐕
proof? besides you use an electric car instead of a gas car. electric cars, even when powered by coal are greener than comparable gas cars. no one is using btc over regular money. people are buying it and holding it so its not replacing a dirtier counterpart.
tesla didn’t sell their 1.5 btc if that’s what you’re referring to
no you did not scambot
that is actually a scary thought, he is the strongest hodler we all know from a corporation
there is a difference between selling coin and spreading baseless fud
he hurt btc in the short term, but he has a pending application for a renewables credit with the epa right now, and he probably felt that this improved his odds.
this seems like a horrible idea
hey, no i completely agree. just wanted to make sure everyone knew this because i know there are plenty of people who probably saw that and did not read to see it was done a while ago.
i mean sure, but literally no one (who's not transparently just trying to pump & dump) is going to purchase a massive amount of btc and tell everyone about it beforehand, as it would obviously drive the price you have to pay up.
i wish people (journalists) would say "**in** bitcoin". even though in this case they obvs did not buy a 15 million dollar bitcoin, or 15 million bitcoin. it still does not hurt to be clear (or *accurate*).
i wish i had 1. *stares off into the thistance* one day i'll have my a full coin to my name. one day.
i think you are off by a factor of 10.
28 coins does not equal 15 million, more like 280
bitcoin is thermodynamically sound money. - - michael saylor
btd btd btd btd btd
they buy every time they have 15m in profits lying around
50k floor held up solid. i’m more bullish than ever
it might have gone down a lot more though
that's because your still on the testnet version. if satoshi wanted he could create several inthistinguishable blockchains and call them all bitcoin and u would never be able to thistinguish one version from the next.
definitely biased, but maybe not only self-interested. i can believe he is a true believer and trying to spread the message the benefit of all, unlike that other guy transparently pumping and dumping for his own gain.
surprisingly, blockchain is not in there
no. that’s not what “word salad” means. this sentence contains a great deal of meaning.
pump pimp ... pomp
we break up, michael saylor been emailing us since before february
when he agrees with me he is a very intelligent entrepreneur, but when he thisagrees he is a lucky moron exploiting his lot in life.
i hear reddit is a hacker. like that 4chan guy.
i was a fan before, not so much nowadays. still a fan of spacex itself though.
to be fair, this sub is obsessed with saylor and microstrategy. seems like this sub only likes when people buy and not when they sell.
here at r, we like you just the way you are. as long as you are like us.
did we? he was shilling dogecoin most of the time.
you... say that as though that is not how every relationship in history works? when someone stops doing things you like you stop liking them... what alternative is there for someone you do not personally know?
also also elon: coal is bad! also also also elon: i have teamed up with coal loving china because i need precious metals mined using oil.
when did he say coal was bad? i remember him saying it’s much harder to mine coal and the cost to mine has dramatically increased? maybe i’m remembering wrong. not trying to attack you or anything.
also, i doubt much bitcoin is mined with electricity generated from coal - it would be cost prohibitive. most times it is from cheap excess power that’s stranded, like hydro power that would otherwise go unused.
there is no network that can operate faster than bitcoin and also can preserve humanities resources with the same level of security
a roadster is a toy for wasting energy. it’s an impractical vehicle generally used to drive around in circles and waste energy. how is that a better use of humanities resources than bitcoin?
yes but he is now *turning down payments for teslas in bitcoin*. that's the thing. it was not just a criticism of bitcoin. and it is rather ridiculous: >*"oh you're paying in dirty coal money?? well, i guess you'll just have to go buy one of my competitors' dirty coal cars then!"* i mean, is he also going to turn down gold? or any payment from a country on the gold standard? are we really drawing an environmental line at currency...? why did not he just sell off his coin, and denounce it, but still accept it as payment for tesla? that would actually make sense. it's not like they are forced to hodl their payments...
sacrificing network security to save energy is about as stupid as freezing to death at night to save on your heating energy consumption
is he? what about his favorite? hint:woof woof
elon is not advocating for shit. he's using his following of morons to engage in pump and dump schemes in unregulated markets.
lol when did he say it as no biggie?
i'd say is a wise micro strategy
he speaks the truth, we all others lie...
>you’re gonna need voices like saylor to make it through crypto winter and not paperhand bitch out of btc gtfoh with that stupidity. you idiots with your stupid buzzwords honestly. i know the end game, i do not need cheerleaders.
fair enough but i mine coins off the same electric grid my neighbor charges his tesla off of.
> people are buying it and holding it so its not replacing a dirtier counterpart. yes it is... you could not be more wrong. people like me are buying btc instead of gold, and gold mining is incredibly damaging to the environment. no amount of renewable energy will change the fact that high gold prices incentivize massive destruction of the rainforest, while btc offers a cleaner alternative.
tesla sold some bitcoins last quarter to show profits to company which it cannot get by selling cars.
> just wanted to make sure everyone knew this you probably meant that in terms of market affect. but it also changes the tone of the statement... *"i reject musk's criticism! and to prove it, i bought bitcoin days before he even made the criticism!"* ...lmao. doesn't have quite the same *"put your money where your mouth is"* ring to it, does it?
oh yeah, i figured you were highlighting it for them!
by then a full coin would be worth at least a million
haha poor guy getting torn up just because of his bad math
i'll be right in a year though.
bitch you do not know the first thing about thermodynamics. what's the coefficient of expansion, for a 6mm sample of laboratory grade polyethylene μ£?
micheal saylor. i mean not worded like that but they’ve been announcing another buy every 3-5 weeks since last year. he just generally says that’s where cash goes when it won’t be needed for short term operations.
this is exactly my thoughts, 50k floor, i love it
i think floor is 49k but 🪓 splitting hairs right. 👍👀
one of them has been entrusted with millions of dollars from clients to invest on their behalf. the other is a car salesman.
if he did not have skin in the game, he would be criticized for that, too. there's no way to win with some people.
are you sure he said sell everything you own and take out a loan against your home? i recall him saying that if you hold btc and need money, rather than sell it you can borrow against your btc, which i feel has credence. but if he really is saying what you claim then i think that is a problem. could you please link the video with a timestamp?
he's been an investing savant for decades right?
wat else wud you dr0p your life savings into...
he is talking about using non mark to market (uncorrelated) loan against a house or company rather than placing leveraged trades. makes perfect sense actually!
he bought at 64k so he wants to pump up the price then dump his coins
michael saylor is out for michael saylor mate. sry if you're bubble burst :d
pimp daddy gigachad laser eyed goat mofo
reddit is more autistic than 4chan
that goes for pretty much any sub or forum. try visiting . you'll be chased through the street with tar and feathers. it's called human nature. people like people who agree with them. that's everywhere and nothing specific to bitcoin. it might be specific to humans though.
so you agree with musk? that bitcoin should not be used due to its environmental impact? or are you going to ignore that?
>either way who gives a shit about elon. this sub does, when he buys.
["...especially coal, which has the worst emissions of any fuel."]( he's not wrong though.
that's the foundation of his bitcoin criticism. and it is not *wrong...* but his sudden application of this sentiment is certainly ***odd*****:** *"you cannot buy my environmentally-safer cars with your dirty coal money"* imo it has nothing to do with the environment. tesla stock has been in a moderate slide ever since he embraced bitcoin. now it is rebounding. i think he may have had a change in priorities, and chose to embrace the "smarter" anti-crypto investors in the world. but i'm a fan of elon and idc really tbh. his business is to be good at business. it's just a theory...
saw a video the other day of a container full of antminers, running off a generator that was running via flare gas from an oil plant. next level thinking how about a remote waterfall with a hydro setup that drives a generator and a bunch of miners, that run via starlink?
i was looking at the global stats. looks like bitcoin mining emissions are the same % as the global emissions from electricity. that kind of makes sense. sure we should reduce our emissions. but i don’t think reducing electricity consumption is the answer. i think moving to renewables is the answer.
this is a good point, but it ignores the old coal facilities being reopened to provide energy for miners. if profit was enough, then energy companies would be all over alternatives. right now bitcoin is bad for the environment and it would be quite hard to prove it has any effect on the adoption of energy alternatives.
i agree. any business running purely non electricity is incentivized to find the cheaper option, which is usually renewable. problem is, recently many coal plants have risen from the dead to mine bitcoin. elon tweeted the links to this and the rising use of electricity to mine btc since they purchased their bitcoin in feb. but nobody seems to have bothered to read that.
coal is cheaper than renewable energy. that's why they use coal.
>yes a lot of hash power is fueled by coal *right now*, to be fair, elon did also say they are only halting bitcoin sales for *right now*, too.
yes, i think this is mostly true. edit: but if a companies’ mission is to “accelerate the world’s transition to sustainable energy” they’re going to be looking for a medium of exchange that’s fast *enough* and secure *enough* while having a low carbon footprint. they obviously think bitcoin is good as a store of value, but a little overkill for purchases.
it appears i have said something false
the roadster emits far *less* carbon emissions than its *alternatives* which are also toys for wasting energy. the roadster was also necessary to show people that electric cars are cool. without the roadster, the ev race would have started much later. the roadster and bitcoin aren’t alternatives to each other. among vehicles, teslas are less energy intensive. among crypto, bitcoin is more energy intensive. and you of course realize this, but i want to point it out to anybody (probably nobody) that doesn’t realize that the roadster is no longer in production and is tesla’s lowest volume car ever. it will re-nter production sometime in the next decade, again in low volume. if anything, profits from it are used to fund smaller, more practical and efficient vehicles like the model 3 and y.
or using pebbles found on a beach instead of mined gold.
i agree. though i'm not entirely convinced bitcoin will turn out to be more secure than other prominent projects
you are one cheeky saylor i give you that.
todays' daily trading volume is 947b$, 9k bitcoins is not even a whole 1% of that. i think if microstrategy wants to liquidate 10% of their bitcoin they absolutely can without crashing the market. ' edit: 56b
long time, as in 2 or 3 weeks if he wants to be less than 5% of daily trading volume. if the price falls hard during this time, it will be because of some other reason. i'm sure a ceo would not view something that takes 3 weeks or even more as an insurmountable challenge.
right. but not 1.5 b which i thought he was talking about. and i wouldn’t want to make money on my cars either if the government was handing out ev tax credits. lower prices and have your competitors pay you your profits. tesla makes over ,000 per car doing this. and it’s coming from their competitors, not their customers.
maybe he is [canadian](
probably given that i am only at 3% so far but it is only been 6ish months for me and i'm about to start making more money soon so i got hope
come to the dark side... pvc...
i mean they have 91,850 bitcoin and they’ve announced at least a dozen purchases in the past year most of them 10 or 15 million each
yeah i buy btc everytime when i have 15 mill laying around, easy money, 0 effort 🐋
there's no problem with truth-telling!
your floor has a leak in it. bitcoin is at 48 now.
do you look back at post like these? where is the floor now?
>one of them has been entrusted with millions of dollars from clients to invest on their behalf. the other is a car salesman. lol, more like one of them is promoting something that you're inline with while the other is not. cryptocurrency is all driven by adoptions, so of course saylor just like any other crypto investors want more people to know about it, invest in it, use it. both are salesman at the end of day.
one of them has been entrusted with millions of dollars from clients to invest on their behalf. the other has been entrusted to invest billions on behalf of the us tax payers -- and is a car salesman. do you think saylor is promoting because it is his job?
so a guy sold his home and bought bitcoin a few years. he lived in a van with his family for 3 years. he’s doing good now. i’m bot recommending it just telling the story
what's the environmental impact of traditional finance? like mining gold, traditional banking(driving to your bank, lol), money printing cost(they are always recyclinn and reprinting money, notice none of your bills are from the 60s?), sure as a standalone item it is got an environmental footprint. as an alternative to the current financial system, it is way less of an environmental problem.
what? are you responding to me? your questions make no sense in the context of what i said.
yes, exactly. when someone does something you like, you like them. when they do not, you do not. this is not rocket science
doesn't that just mean that they should replace coal plants with renewable energy plants? instead of blaming specific use cases of energy use (like bitcoin, or tesla cars, or whatever) does not it make more sense to focus on this? or am i being too logical again? aaahh, of course. it does not fit the political agendas to do that! now i get it!
well, it is not right either. instead of blaming use cases of energy use, the focus should be on getting coal. but that does not fit certain political agendas, does it? better to play thishonest games about things you do not like using more energy than things you do like.
argo blockchain say no more
i'm too busy hating elon to read!!!!
if alternatives were so much cheaper, then national grid would be switching to solar farms to take that extra profit. we do not need bitcoin to provide profit incentives.
where i used to live, hydroelectric was 4 cents where i moved to, i am paying 11c for gas
exactly. store company level value in bitcoin, and use another layer like lightning for selling.
in this sense there is no network which is more efficient than bitcoin at doing what bitcoin does.
okay, i'll do the first one for you. if you cannot be bothered to dyor on the second one, that is your loss. blind faith and parroting propaganda benefits no part of society. lifecycle co2 emissions, grams per km: tesla m3, 156-181 g mercedes 220d, 141 g mercedes c, 100 g cheers, bitches
you will never get the people in this sub to admit bitcoin's energy usage is a problem.
exactly. and there’s a lot of pebbles being sold these days
no. the reality is that peercoin is not worth attacking because there’s no money there. thieves like to steal priceless art and jewels. they don’t break into the dollar store...
no other projects will catch up. networks are secured by computing power. bitcoin network hashes over 500 quintillion calculations per second. there is no other network that comes close to this or will come close to this in the next 5-10 years and by that time the bitcoin network will probably have doubled in size so there is no catching up.
i think winter is the least of my worries ... the flippening would be a pretty intense test and probably really tough to stomach
this isn’t actually accurate. the lost money in their solar business, which if you back out they made money on their car business. and they shouldn’t be making money on their cars. the government forces their competitors to give them over ,000 in pure profit for every ev they sell. so tesla lowers prices, prevents the competition from selling evs, and pockets the cash. this will continue until ev tax credits go away.
dude have you ever tried to can a dan? it's literally a recipe for thisaster. the last canedan came back and killed jupiter's son. i would rather eat microwaved spam, and canned ham for an eternity. you might end up getting prison raped for 10,000 ¥ears·
micro strategy also makes software. they do make millions
good luck splitting hairs with that hammer thor!
not because it’s his job. he’s really never had a public profile before. now he’s using social media for his own agenda, just like trump and musk. there are millions who believe trump. so social media is free advertising. you can sell used cars on it...
fuck he probably bought his entire family all separate houses by now. lucky ass. while we are slave laboring he is relaxing right now. idk who you want to call the dumb one in this conversation
i get that. i have nothing against people making drastic choices in order to heavily invest in bitcoin. i personally think it is the future as well. i also really enjoy saylor's talks, it is a lot of fun hearing someone so bullish on bitcoin speak about it so eloquently. but i feel it is irresponsible of him to use his platform to straight up tell people to take a mortgage out on their home!
i just put 80% of my retirement into bitcoin. elon’s tweet was 5 hours later. whoops. wish he’d tweeted earlier. would’ve bought the dip. down significantly, still feel fine.
thanks for sharing the source, i appreciate that. i know saylor is all-in on bitcoin and i have little doubt he truly believes the future is bitcoin. even still, this is too much. nobody knows the future for certain and telling people to take such drastic measures is irresponsible. you can present your case, help people to see why you've made the conclusion that bitcoin is the future and let them take whatever measures they feel is appropriate. over the past few months i've seen people in this sub putting their houses up for sale in order to get more btc, and honestly i personally think it will be a good long-term investment, but saylor has influence and should be more responsible with that power. just because he is all-in, it is dangerous to encourage others to do so.
sometimes you have to be fanatic if you want to be a billionaire in the future
the global economy runs on traditional finance. nothing runs off btc.
so he has not stopped doing stuff you like?
well then, time to replace coal plants with renewable energy plants.
yeah, i know all of this. this whole article is just "it is not as bad as it could be" it is still pretty bad. to fix that, the world needs to move to renewables or bitcoin needs to move on from pow. until either of those things happen, bitcoin is bad for the environment.
> you are getting a decentralized currency that cuts out of the energy expenditures of all the bankers and financial infrastructure around them said energy expenditures are a tiny fraction of bitcoin's energy requirements. hell, there are even other pow coins (let alone pos) that have much better energy efficiency. probably an unpopular opinion here, but unless, its utility as a global day-to-day currency (as opposed to an investment vehicle) seems pretty dubious compared to pretty much every alternative cryptocurrency.
it's not cutting out the energy expenditures of banks though? on a per-transaction basis any proof of work crypto is at it is base going to be way more energy inefficient at scale than banks would.
i’ve heard the same over the last decade, but in reality it doesn’t seem to shake out that way. i’m in the industry and remember them building solara 1,2 and 3 in california, only to shutter it a decade later. i can name two dozen renewables projects that haven’t met their target life cycle, usually not even getting to 50%. renewables have made great strides, but we still aren’t to the point that it’s ready for primetime power delivery. heck, today as it stands, our grid couldn’t even support electric cars if 25% of households owned them. cleaner power gen is a good thing, we are just a bit farther off than most people even realize.
i get it. but i’m still not buying my coffee with it. because what it does isn’t suited for that. tesla not allowing btc for purchases isn’t a statement that bitcoin isn’t good at what it does. it’s that buying cars isn’t what bitcoin is good at (at low carbon emission levels).
username checks out. this guys is a boss
dollar stores have one of the highest rates of robbery.
no, the computing power used for bitcoin is artificial difficulty. security is achieved through decentralized constant verification of the blockchain. you do not need much computing power to do that. the energy consumption of bitcoin has nothing to do with security. it has to do with artificial difficulty to make mining take longer. there are multiple reasons why this difficulty is increased, but to say that it is necessary for security is just silly. all it really does is make mining prohibitive.
what is the flippening?
that's the cummulative number sourced from [coinmarketcap.com]( well either you want to market sell to create panic, which is possible with this amount if you "dümp eet" correctly. but there is probably a lot of market making and otc services that allow you to sell as evenly as possible to maximize the profit. i think bitstamp even has otc option on their page. i'm just saying that moving the market by a single actor is not as easy as it used to be. well maybe except if your some oldschool whale. then you can dump the shit out of all the exchanges.
no one actually reads the reports. they just parrot that tesla is losing money and will fail any day now. been saying that for years... yet to happen.
>lucky that's not luck, it is calculated risk and balls of steel large enough to commit.
it just depends how big your balls are, they are obviously not as big as his so you would not be a billionaire. big balls = big gains
you could have dca-ed into it...im sorry that happened to you, i know it sucks.
that dip will be insignificant in the grand scheme of things my friend.
i think you guys are missing his point though, he goes into a little bit earlier in the video where he talks about owning things with a currency that is constantly being devalued. a house is an investment like any, it has a market and a worth that fluctuates. when your currency is not worth anything like in venezuela who's going to be trading money for houses? that's his point, whether you agree with it or not, i am not sure if he is directly telling people to take a mortgage on their house as much as making his point that theoretically the m2 money supply can grow infinitely, so as long as you have something that has a fixed amount theoretically over time there is almost no way that its value will not grow in proportion to the thing that is constantly being diluted. would i mortgage my house if i had one for more bitcoin? probably not but i also wouldn't be in a rush to pay a fixed rate mortgage when you can use that equity to generate more money with your current cash flow. it depends if you think you can beat your interest rate or not i guess, even the s&p500 should do that though. so there is some merit to what he is saying, though it seems like the "riskiest" move most successful people and businesses take on debt to acquire more leverage for current endeavors nowadays.
you clearly do not understand my comment. let me reiterate: in every human relationship in history, when someone stops doing things you like, you stop liking them. there is nothing strange or unique about this behavior. it is not laughable, remarkable, or concerning. it is how celebrity works. if you think there is a reason someone should be loyal to a celebrity when they stop doing things you like, then you need to present an alternative. otherwise do not act surprised that people like someone at one point and then do not give a shit about them later. it makes you look dumb that you think it is strange that people can like someone one minute and then not give a shit later as though that is not completely normal
the problem with renewables is they aren’t at a place yet where they can reliably be our primary power source. the michael moore produced “planet of the humans” goes into the industry quite a bit and thiscusses some of the misconceptions about renewables. they even show a coal company building a coal plant to look like a natural gas plant to “avoid protestors”. sadly, shows how clearly energy companies are focused on the problem...
with that mindset, you should not drive a car. period. its bad for the environment. the internet you are using to read this reply is bad for the environment. the phone you have is bad for the environment. the tv you watch is bad. its all fucking bad dude. and btc is a drop in the bucket compared to the items i just listed out so those should be at the top of your environment worry list.
good on you for posting the 'devils advocate' opinion for thiscussion. helps people break out of the "elon bad" echo chamber, not that his tweet does not deserve criticism (it does tbh), i just love seeing people go against the grain in the name of expanding knowledge.
my point is that "bitcoin incentivizes better energy alternatives" does not make up for the harm it causes the environment because those alternative incentives already exist without bitcoin
let me explain to you that shitcoin shilling will get you banned here real quick. your other misunderstandings you'll have to fix for yourself by doing some research.
honestly i think the bitcoin network has lower emissions than any other payment network that tesla is accepting. imagine what happens when you buy a car and what needs to happen for you to be able to buy a car. there’s lots of emissions in sustaining and maintaining these systems. comparatively, for the security and speed that bitcoin offers, bitcoin is actually quite low emission.
also consider that you could buy your coffee with usd but usd would not have been a good investment. practically speaking, a car is w relatively ideal candidate for bitcoin purchases because bitcoin fees are similar for large and small transactions (so they favor larger transactions).
two turntables and a microphone
not by proficient hackers
the energy consumption of bitcoin has everything to do with security. if you wanted to attack the bitcoin network you would need more computing power in order to achieve a successful attack. at this point, you would have to be a country to have the money and resources to try and attack the bitcoin network and the cost would be ridiculous. mining difficultly adjusts in accordance to keep blocks being mined at a steady rate so the halving only occurs every four years. when the amount of mining increases, difficulty has to increase as well so the blocks don’t get mined too fast and we end up having the next halving 2 years early or whatever. it also works in the opposite direction. if a bunch of miners go offline, the difficulty decreases so the blocks being hashed remains more or less constant. if this wasn’t the case you could end up waiting 8 years for the next halving. bitcoin is a well constructed machine that runs like clockwork. most people don’t get it but then again, most people don’t get how a clock works either. so many gears and stuff...
i would think having 2 billion worth of bitcoin could stir the pot quitet easily if your throwing it around. anyways that site says the trading volume is ~~, did you look at the right thing? market cap is just what the current circulation is worth, not what people are moving around via buy
i guess so. i got into bitcoin in 2013, although in high school at the time i had several coins. over the years i lost or spent them so i hate myself for that. either way, props to him i wish i had money back then. after high school came college and that was not any better financially
all good. thanks though. have been waiting for the account to go live. stoked to get in under . hodl all the way. month from now… even a week from now will be up imo.
true:the block contains the vaccine [010x]
i did read it, and i actually do not eat meat specifically because of the ethics issues (which includes environmental impact). now you're resorting to whataboutism. i never said bitcoin was the only problem. only that it is a problem. especially when there are more environmentally friendly crypto alternatives. bitcoin does not need to go anywhere, it just needs to update to reduce the energy requirement.
lol you do not understand the mentality at all then. if there are alternatives, they should be used. there are meat alternatives, so i do not eat meat. if i ran a business i'd choose a greener alternative to btc. if i could afford an electric car, i'd have an electric car. it's not about making sacrifices, it is about making better choices.
i try to do the same in the tesla subreddits. i try to steel man arguments and make sure people are factual and logical. i’m still hodling mine. but i understand the pros and cons
some people buy solar panels to mine bitcoin, if the do not mine bitcoin then they do not buy solar panels. the alternatives might exists but bitcoin gives a incentive to use renewable energy
let me know when the goalposts are firmly planted.
yeah, i know how bitcoin works. that does not mean that is the only or best way to do that. you can get similar results with proof of capacity. and proof of stake would also require an insane investment to perform a 51% attack, and if that happens there are built-in punishments for the people that try (they lose half of what they staked). pow is not required for security. it's just what people are used to and change scares them
ooops, i did not. seemed kinda odd, but i thougth the derivatives prop it up. oh well i'll show myself out, thanks! edit: i just wrote the wrong number, 9k bitcoin being less than 1% of daily trading volume is correct
i feel you, but absolutely do not let that be a reason to get down on yourself. back in 2000; saylor himself had to pay bullshit settlements and lost .3 million out-of-pocket. then microstrategy's stock tanked, resulting in a loss of his company's value to the tune of .1 *billion*, saylor personally losing \~60% of his 10 billion dollar stake. obviously it is not quite the same scenario as you, but look at him now. do this on a smaller scale... a *micro* scale, pun intended. rebuild. or realize that none of this is actually important by reading "the power of now" by eckhart tolle. gotta let go of that regret of the past my dude, it is a trap. either way - i can guarantee you n'or saylor's purpose is about money. edit: source [
it mostly goes up, dont worry but 80% is no joke.
or we need to change how we make energy since we're not going to stop with that little energy thing any time soon. environmentally friendly cryptos run a higher security risk to that crypto is also a difference. pow is more secure than pos.
ok dude go back to a horse and buggy and throw away your computer and phone. there’s alternatives. bye.
yeah, one thing i'm surprised is not talked about more is the truly decentralized nature of bitcoin. imo, that is the real value in btc. that's a feature not many cryptos will have, if any.
no, i'm saying that acting like those incentives have a meaningful impact compared to the global incentives is just a weak attempt to justify the energy usage. there are plenty of crypto options that "cuts out the fat of the financial industry and provides equity to people who otherwise cannot afford it." many of them much cheaper and easier for people to get into than buying a . also, saying "bitcoin is required to move to clean energy" just is not true. not only are there alternative cryptos that could do the same job, cryptos are not even required for the move to clean energy. these all sound like poor excuses from people that do not want to admit that their favorite coin needs to evolve.
i'd need to see some reliable data to believe that has any meaningful effect on the adoption of renewables. and if that renewable energy is just funneled into mining, that does not actually help anyone it just makes bitcoin less problematic
yea, but let’s not confuse change as change for the better. bitcoin is money that is backed by pow. this makes the money sound. it was created by a lot of energy. this makes it valuable. you can create money out of less, sure. the fed does it everyday. it will just be a lot less valuable. money back by proof of stake isn’t really backed by anything. it’s like saying our dollars are backed by more staked dollars. i can make money backed by proof of (insert buzzword) and sell it to as many fools as possible but that doesn’t give it real value
> and proof of stake would also require an insane investment to perform a 51% attack what is that investment if not computing power? in order to be "as secure" it would need the same amount of computing power to attack, which means it will need the same amount of computing power to run. if it does not needs as much computing power to run, then it does not need as much computing power to attack, and it is not as secure.
pos is a pos
right, but elon's point is that it makes more sense to use already available alternatives that already use much less energy. it's an easy change to make that benefits the environment. and musk not eating meat has almost zero impact on the environment. musk's company not accepting a type of currency actually has an impact.
yes we need new energy sources. we've needed that for decades. that does not excuse wasting energy. pow can be defeated by a country willing to poor money into mining. pos has consequences for trying that. theoretically, pos is just as, if not more, secure than pow. we'd need real world long-term analysis to prove that. but there is no reason to think pow is more secure other than an illogical trust that computing power is too hard to centralize
you're so upset. it's just crypto, chill
i bought a solar panel specifically to mine crypto on my computer for free. my entire computer is now powered with renewables. i wouldn't have done this otherwise. so speaking as one individual experience, it did it for me.
> it just makes bitcoin less problematic fine by me!
> and if that renewable energy is just funneled into mining, that does not actually help anyone it just makes bitcoin less problematic it increases production as more people adopt. economies of scale and all that.
lol that is not why bitcoin has value. it has value because it is scarce and because people expect it to hold value, that is it. if bitcoin switched to proof of capacity with the exact same payout rate, the value wouldn't be affected at all. no one is buying btc thinking "i'm sure glad someone burned out a gpu just so this coin could exist" as long as bitcoin remains scarce and secure, it maintains value. if it reduces energy consumption, increases transaction rate, and lowers fees, it could even gain value
the investment is staking the coin. the whole point is to not need as much computing power. let me spell it out with a simple example: 100 stakes exist. a company buys 101 stakes to attempt a 51% attack. they make fraudulent transactions. multiple members of the original 100 stakes catch that fraud. those users are rewarded for catching fraud, the company loses half of their coins (burned). so not only does the scarcity increase, the offender was financially punished. now they have to buy even more to try again. the buy raises the value. etc etc. so the more people staked, and the higher the entry cost, the more secure the network. and with the punishment system, people are thiscouraged from even trying.
that article is flawed. that majority stake would no longer be a majority stake after they had their coins burned for trying to fuck with things. unlike pow, there is actually consequences to being a dickhead in pos
pow manages to prevent people with large amounts of the coin from controlling it vs pos. so, ya know, the rich controlling the masses. wasted energy? netflix uses a large amount of energy...or any video streaming service for it is servers.
>yeah, i agree, thats why i nor absolutely no one else made that claim. at no point. not once. i stopped reading here. dude, i literally quoted your previous comment.
oh, i do not doubt his primary motivation is profit. i'm just thiscussing the logic behind the environmental action. i believe he will get his feet wet improving the meme currency. then once the public trusts his vision of crypto based on his work with it, he will use that experience to create his own crypto.
um, so instead people with large amounts of fiat that can buy mining farms are able to control it? gpus are ridiculously expensive. you think the rich are not already controlling btc? hilarious
do you know how pos works? you do not control anything in the btc network even if you are the largest miner. pos allows users with the most coins to vote in the fee, development process of the coin, and how newer coins are created. i own both types of coins. btc, by nature, is a completely individual entity that runs independently of human decision. i think most btc whales are kids in college that managed to think about the long term and usually studied the economy. i know this from the fact i was in college when btc was created and see how much btc my friends have. doesn't mean they get to vote on if more than 21 million will be created. now they are considered rich by your definition, but they 100% were not when they first acquired them.
oh, that is my bad. i thought you meant "control" in reference to a 51% attack. i agree with you that the voting involved in staking is a double edged sword. i like the idea of having a consensus on the future of the crypto. but if the cost is prohibitive or if the rich have more power, that is definitely not okay. i'm not sure what the solution is there. ideally it would be one vote per person, not per stake, but that would be hard to enforce. though the idea is that people staked are only going to make decisions that is best for what they have staked, so ideally there is not too much concern about the voting since everyone is incentivizes to improve the currency. but what's the alternative? never updating? going along with updates that you had no input on?
well, i guess the alternative is something like bitcoin where the genesis block decided the supply and halvings unbiasedly but allows for forks in the chain.
and who makes decisions about forks?
this looks like the ten commandments movie where everyone is worshiping a golden bull just before moses comes down with the ten commandments and god strikes everyone with lightning.
its so fucking cool! i dont get why some of you dont like it. i would buy a small one.
where are his balls?
i think this looks sick idk why all the hate
metal as fuck 🤘 just give him red laser eyes that burns and blinds passerby's and he is perfect (chef's kiss)
should have been a honey badger
man some of y’all really can’t enjoy anything can you?
man the way to definitely cement that bitcoin is the future is by copying one of the most identifiable symbols of the old system...
idk about the bull, but the haircuts on the right side of this picture sure are something.
who paid for that? who owns it?
what a bullish bull. they've only missed red laser eyes melting away the spectators.
look so cool but i wish the eye color were red
it's like half warframe and half final fantasy.
lmao we have not changed that much in 5000 years have we? still building statues of bulls, just with better tech.
it's like clockwork. everytime there is btc summit, the price tanks... why??
a rare photograph of the first bitcoin convention in the year 202 ad, colorized.
it’s ironic seeing bitcoin fans just blatantly emulate the symbol of wall street. it makes bitcoin look even more like a white collar investment market. but that being said, that’s an awesome looking tech statue design. huge props to the artist, i would love to have a statue like that in my city. looks awesome, i love it.
i'm there right now, dude! it's clearly modeled after the bull on broadway in new york. the only thin its missing is a big nut sac, but a i think this is supposed to be digital a digital bull does not do a whole lot of analog reproduction
time for some cyber bullying!
why is this one castrated?
ah yes its like the wall street bull made love to a transformer
bull with no balls
this is what i call talent, this is what we all gotta appreciate.
wow, just wow man, they are so good at presenting something like this.
damn that looks pretty good to me, they did a fine job.
its better than 99% of city art, i'll allow it.
i wish humanity would build statues like this except *massive*, supporting bridges or spanning ravines.
i think it’s very cool; something about the lines and ofc it being a bull takes me to lambo, but hey 🤷🏻‍♂️
looks like a transformer. not a bad thing.
why everyone hating this? i dont get it, is your life so fucking miserable and boring that you have to put down everything that looks cool or fun? just dont even make crypto conferences or anything related to it cause its cringe aswell right
i’m bullish on bull
it's gaudy, modern, and decadent. how do i invest?
ah yes, let us imitate the very financial institution that we apparently think we can and should replace. brilliant.
looks cool for sure but reminds me of the old way of thinking or imitation, in my humble first impression.
where are my balls... satoshi?
i hope alloy doesn’t show up and kills the bitcoin bull.
let's replace the charging bull in manhattan, with this beauty.
looks like the lambo logo. probably not a coincidence ;)
how long do you think it will take until we see a bitcoin bull nft?
now, come next bear season, they need to reveal a bear humping the bull !!!!
where elijah when you need him lol.
bitbull gonna get chu.
so that’s what’s causing these red candles
who is going to miami?
missed opportunity to add ginormous balls
that is fucking awesome. i love it.
looks like horizon zero dawn, in a good way!
not sure the message behind the original this is copying and the idea of bitcoin have a lot in common, but that design is cool as fuck.
looks pretty cool actually lol
it's like iron man but a bull. i want one for my desk.
apparently, it is one big cringe, shitcoin shill fest this year. is it true?
does it have balls like the wall st one because if not then this is shit
where are my testicles, summer?
damm that looks amazing, why don people have to bring their anti establishment, political crap into this... the bull was and is a sign of the markets, this is just saying... the bulls have been re-invented and updated with a technology feel to it...
i like it, but needs more orange.
looks like a damn gorgon
they did it man, they made something good and real.
nothing about this conference has ever been bullish
does it have balls
can it transform into an ebike
cool looking but neutered like the price today.
should have been gold. solid gold
i inspected the bull there was made in china tag on it
i just love it, they did such a good job in this piece of art.
looking to buy one of these in miniture scale, anyone know if thats possible?
personally i think it looks sicc af. this picture though really reminds me of that story in the bible about how the people built a golden animal to worship while moses was away doing some god-related shit lmao. ^(note: i'm not religious.) *the people saw that moses was taking a long time to come down from the mountain. they gathered around aaron and said to him, “come on! make us gods who can lead us. as for this man moses who brought us up out of the land of egypt, we don’t have a clue what has happened to him.”* *aaron said to them, “all right, take out the gold rings from the ears of your wives, your sons, and your daughters, and bring them to me.” so all the people took out the gold rings from their ears and brought them to aaron. he collected them and tied them up in a cloth. then he made a metal image of a bull calf, and the people declared, “these are your gods, israel, who brought you up out of the land of egypt!”*
looks awesome! pretty sure i've been riding these around the forbidden west.
where can i buy a small replicate for my office?
where in miami is this? i want to see that bitcoin bull
man. i am totally interested in the financial liberation of everyone on the planet, but this post is a grave reminder that an overwhelming majority of backers are young and fragile. just because you do not like this does not mean anything bad. just move along. this is objectively an awesome indicator for bitcoin, especially after the year crypto had in 2021. it makes sense that not only are companies around the world getting involved, but the city that hosts this conference is this proud to do so. and also, please share with me your ideas that would have constituted a better statue or piece of art the city could have used to celebrate bitcoin? a giant btc coin? a giant black dildo? satoshi memes? tl;dr this thing looks amazing (to me). objectively good sign for btc. most of these comments are just, "oh no an allusion to something from any of the generations before me? gross!"
i, for one, welcome our robot bull overlords.
might be my religious upbringing, but i’m always wary of any bovine-related statue.
this shit is really cringey man-- just dca like a gentleman. crypto currency isnt a personality
looks like a puppy that wants to play.
that is stunning. looks like a bugatti or something.
fuck yea! wall street bull can suck it. i'll take the bitcoin bull any day ❤
that’s freaking sexy af. love it! now it needs to have some lasers in the eyes and it’ll be complete!
looks like a bull transformer. it transforms into a rack of btc miners.
aight that’s actually really fuckin cool
wow, but why the hell market is down even after the conference
ah yes, the symbol that has become synonymous with screwing over the little guy and corporate greed. let’s imitate that! fucking morons
this is fucking retarded. the whole point of crypto is liquidity and decentralization not making people rich
okay but does it have enormous bitballs?
omg i just came
that's is beautiful. a sell signal nonetheless, but definitely beautiful.
as bitcoin and crypto take a huge dive lol
all you bears can get the horns
i had a flashback to my zoids collection
it’s awesome, i wish i was there.
i'd love to 3d print this!!
i'm i the only one that feels the bull is a bit inappropriate, it goes against everything bitcoin is about. a good example of who is running the show. the actual physical bull is cool as fuck and deserves admiring but still, why?
is this why bitcoin's crashing right now? haha
i do not know what i expected.
ew... the whole point of btc is to get out of wallstreet controlling all the value of our money. i do not want a copy of their bullshit statue.
see this shit is why we get made fun of by people.
what a circle jerk this whole "conference" is. all of them should be ashamed.
wait a goddamn second. are...are we worshipping an almost literal golden calf (except this one is blackened)?????? dafuq.
corny and dumb. it’s stuff like this that makes us all look like 19 year olds. feels very self-masturbatory.
i will never understand going to a bitcoin conference unless you are trying to network for your business. its like saying hey i have bitcoin and enough to care about going to stupid shit like this. edit: imagine a community centered on decentralization thinking its a good idea to centralize physically. all it takes is someone setting up a man in the middle attack and they have tons of information on you.
wish i was there :)
is it the 22nd century mechanical-digital wall street bull? balls.
that’s way rad. anyone know who the artist is?
an the price is dropping 😂💀
what the actual fuck is that monstrosity. that is fucking awful.
this is happening not to far from me. i’m so tired of getting ads for this event.
my god why are the most public bitcoiners 18 your old hypebeasts and 50+ year old boomer ‘fellow kids’
can't wait to see the bear!
have they ever seen an actual bull? this looks like it about to pounce like a cat of some sort…
the bible said not to worship images
devil worshipers everywhere smh
how is this bullish lol, what the fuck
lol this was posted thinking it would get some fun responses and it is just been shit on for being useless as fuck and ugly. hilarious
ironic considering its a red day today
symbolically its very strong but maybe that would mean that wall street is moving in
there is something in the bible about golden calf. it did not end too well.
i casually feel like watching dogma for some reason.
who is in charge of bitcoin miami? i mean since the creators and dev team of bitcoin are anonymous who is in charge?
fiat, the bitcoin standard.
wish i was there!
ok that’s bad-ass!! i’m super bullish now!!
where is the btc symbol on it? you need a plaque to tell you what it represents!
i see a bear once i check binance…
over the years i learned that whenever this subreddit starts meming about bitcoin being bullish it is crashing or about to crash.
every single year this conference has been held, it dumps on opening day lol
i mean, do not get me wrong it looks kinda cool. the links to it are what urks me the most.
just when i thought i finally got my picture with the raging bull they had to go and do this 😒. that looks so siiiik! i need to find this bull for a selfie
designed by sarif industries.
who pays for this?
looks like a lost ark raid guardian.
metal bear is winning.
so, a copy of the bull on wall street? not strange and occult at all.
makes wallstreets bull look like shit
*ted faro has entered the chat.*
where’s the cock and balls?
yea that is about right...
where are the bitcoin logos ? this bull is just average not even bullish lol.
we want to see the robo balls!
i do not know man, it is kinda cringe why not have something original?
dance gavin dance, anyone?
is this a replica of the wall street bull?
oh cool, so there’s about to be a dip
looks like a strider from horizon zero dawn.
why is that bull shaped like a bear market
i seem to remember that at the time of last year's event bitcoin took a dump in price.
more like a top signal sadly
looks like the lambo bull
this looks like it is a lamborghini transformer
such an amazing desig. this would have take months to design…
this is what i call art, it is just so amazing to see this man.
i fought this bitch in horizon forbidden west
wall street bull vs. mecha bitcoin bull 10-part netflix series coming 2023
"cashapp presents:" *bitcoin bull mimicking wall street bull* *paid for by govt* bitcoin looking more and more like a tool of oppression for elite institutions every day.
this reminds me of the brazen bull
very cool. thanks for sharing.
cool… but does it have balls¿
we are so blessed to see something like this in this world.
“yeah, that is me taking the bull by the horns. it's how i like to run my business. it's a metaphor... but that actually happened, though.” -ben stiller
not gonna lie… that is bad ass
this is just amazing and it just what i wanted to see in the world.
that's some nice plastic.
the wall st bull is facing a little girl right? should have made a banker in its path about to be trampled.
then price goes down.
it's so beautiful, the man did a fucking perfect job there.
honestly i have never felt more bearish than i have since april 2018. take this any way you want.
someone found the key for this bull
i just love it, i want to give some donation to the artist now.
i hope it has balls of steel!
it's missing the most important part.
up 5% also down 5%
if it was golden then it would stand in front of lamborghini dealership
that thing looks fucking sick 💯
i've been wanting to see strong bitcoin growth for a long time. i think this is something that all investors would be happy about.
damn that is just won my fucking heart, thanks for making it.
i really hope they have not invited aloy to this conference. so many parts to harvest
please stop doing these silly bitcoincons... everytime the price tanks. thanks.
no balls --> not a bull
why is there a big angry cat
this is just so good man, thanks for sharing that here.
i was not there sooo...
i get bad vibes from these conferences
"take the wall st bull but make it digital" brilliant, guys. f\*cking brilliant. on the plus side, the tail looks like a sex toy
a and d the price is dropping.
prepare for a big dip. trends are pointing btc and all crypto down, i suspect somewhere around 35k. hold and buy the dip or sell and re-buy then
just bull? no bear?
i think wall st is calling 😂😂😂🤡
everytime there is a bitcoin conference in miami, the price drops. why?
shouldnt be his head higher? now it looks like graph is going down
and now it is shitting itself smh. wtf happened. we should be at 50k
hail the golden calf
this could be an omen for capitulation to . worship it more folks.
where is the bitcoin bear statue? will make more sense as bitcoin is dumping now
this is the most unimaginative rendition possible. not surprising i guess, given the rest of crypto "culture"
makes sense the bull doesn’t have balls
yes...but it was a calf afaik, but i was not there sooo...
imagine satoshi showing up and hurling his android and ipad tablets at the crowd and burn the damned thing to the ground
i’ve heard people say that about the wallstreet bull as well. people have literally worshipped golden bulls since god said not too.
and if god were to rain hell down on earth, miami would be the first spot hit
reminded me of the animatrix apocalypse horse.
yes is sad, people just see money but they do not see the power of this new technology (yet) but cannot stop laughing at your post thanks haha...
i thought the exact same thing lol
i was thinking the same thing, it really looks like that.
b-but this one is not made of gold this time d: pls no smite
it's on point for coomerlenials
probably means we are in the end times...
so like moses was the one who torch cut the balls off the bull on wall street?
so your saying there is a market for pocket bulls?
"i do not understand why people do not share my specific artistic opinions..."
i’ll sell you an nft of this picture if you like.
someone bejeweled the wall street bull
it's because it is a copy of wallstreet with lambo styling.
maybe because it’s an exact copy from the bull of wall street
i'll print you one for a small fortune
i love it. so much cooler than those other bulls
get them soon because this dip will not come daily, accumulate
it looks like iron man fucked a bull.
i have a small one! contact me at ryan.com for details! i run a gallery a few blocks away from the event and have a few really bitcoin cool pieces!
it’s not just cool. it’s a symbol. not just for bitcoin, but for crypto currency in general. but not just the bull, but all these fucking things going on in the crypto space is astonishing. like how the fuck can any entity, government or region or otherwise, ban bitcoin out of existence. if the u.s doesn’t get their heads out of their asses and pivot to crypto as the future, then we’re just being backwards bumpkins. luckily we can catch up easy. look at england wanting to take the lead, it’s like nigga pleez, calm yo ass down and go to the back of line.
maybe the fact that it is a direct copy of the wall st. bull? maybe because the bull was placed directly in the wake of the black monday crash of 1987? where global losses were almost ,000,000,000,000? do you know what happened to that money? it was pocketed by the elite, denied to the people, and bailed out to corporations by the government. nobody on wall street ever experiences punishment for their crimes despite people dying or killing themselves for doing nothing wrong but being pawns in a financial game. maybe also because it is a shitty design that cannot handle outdoor weather like the bull can, and it will be thiscolored and dusted soon- unless they bring it inside at which point no normal person will ever see it again. so much for bitcoin being about and for the people.
maybe the irony of spending a bunch a traditional money on a statue instead of actually trying to legitimize bitcoin?
came here to say this haha. coolest thing i’ve seen in a while.
it needs speakers to crank out megadeth - mechanix.
hopefully they don’t ruin it with another little girl statue edit: i cannot believe i actually have to put the . i’m referencing the wall street bull having a statue of a little girl in front of it, implying this bitcoin bull is way cooler. my gosh.
let's goo...hahhahah. don't forget real pices from the moon and some titanium and gold...
also scolding hot clouds of steam should burst forth from his nostrils at random intervals and
yeah but only the poors
man i want that so bad, they should do something for that.
honey badger don’t give a shit :)
the salt in here would make the atlantic ocean blush
not when you spend . the price of being impressed currently has some digging out of a hole to do.
we all are enjoying this conference and it looks good for the next few weeks
idk... i think this think look like it was destroy the wall street one.
well i guess you haven’t played horizon then huh?
the hate i don’t understand but the title, to me, puts a lot of importance on something that doesn’t really effect the currency itself. i would usually expect the words “unveiled moments ago at bitcoin conference miami” to be reserved for something like a protocol change or service announcement etc etc. something that is more of an important community announcement. cool piece of artwork though for sure
that is the thing, it has no added statement, just "we're going to do what they did". plus more dated aesthetic, less durable medium, negative gonads
i think there is nothing bad to do that. it is a symbol of the hope for most of us.
damn that man is just having the best time of his life right now lol.
city of miami - permanent fixture
city of miami, they are the best one out there to do this.
that's awesome. it should actually be lasers.
cyborg from that shitty zach snyder film
why would we need to change the thing if it is already doing good?
it'll look even more great if they came out with some great positive news.
every time, i do not know, i thought the last one had some substance, in addition to theatrics and stupid wrapped cars. this one though, oh lordy
because robots do not need balls; they have got asics. testosterone is so cliché. otoh, why do 'female' robots have tits and curvy hips?
there is a btc meeting going on right now in miami and i think they just want it to look more attractive.
many are saying this but i think it is way more cooler than that.
yes its may be the copy of the symbol but the tech and design here is on next level.
time to get some crowd funding going and start hiring some engineers. make it happen, bro!
lambo the character from the anime reborn or were you referring to a lamborghini?
now days money is the real god and all of us are worshiping him.
we are optimus and we are here to take you the moons.
are you sure people aren’t hating on it for representing wall street? are you aware there is a giant bull on wall st already? blatant copy of something a bunch of scumbags did? wow so cool
maybe people don’t like it because they don’t like the aesthetics of it? what a dramatic overreaction.
ppl prolly hating cause it gets these kinds of "ppl are hating" responses lol
aren't the stock market and the fed two different animals?
bitcoin never set out to replace stocks, and the original bull was created to brighten up spirits when the stock market had fallen from highs and people were bummed. it’s a nice touch.
lol not to mention that whole conference is one big giant grift.
the market has certainly changed from a few short years ago
lol this guy thinks we’re just trying to replace one institution.
the only problem i am seeing people taking is just the old ways.
indeed not coincidence because only bulls can afford that.
that's how market runs, some days are bull and some days are bears.
that already happened this morning.
it’d be a long flight from san diego just for a weekend trip. perhaps i’ll just get all the highlights from you, i mean if you’re going, that is.
this is exactly my point if they can design that cool statue they should have used different symbol.
with more and more volume going into them, this may be the reason.
it's like people thinks that crypto market is different from any other market.
i was also thinking how cool it would be if he transform into the optimus prime.
then people would steal chunks of it.
bitcoin in himself is a pure gold, as pure as anyone could ever be.
thou shall not worship idols is what i got from it and this kinda feels like it
“but broooo it’s not gold!!!!” ^just ^digital ^gold
yeah and best part is people are watching it closely instead of staying far
i used up my reddit silver, so just take my appreciative nod instead.
ah, the royal "we" in it is natural habitat
by the look of the market he is actually playing with us.
i do not know about that but yes if you hold for long, you will get a bugatti in future.
same here mate, wall street bull is slower than bitcoin bull
no joke there. if i look at it too long i start getting aroused and have to 'adjust myself.'
eyes look good and people are busy in watching it, attraction is high
yes its shinny and looking cool but we have seen that some where else is well.
because 500 nerds do not meaningfully move the market
i do not know why they are using this old symbol for this big conference.
it is beautiful indeed but cannot say new or unique and that is thisappointing.
we can go there, bulls are coming back again in market
i can feel you pain men. it's feel like more and more the conventional way.
i might be fundamentally misunderstanding this part of the crypto argument, but it was never meant to keep the rich, was it? i’ve always thought byc was a way to prevent a government from telling us what our money is worth. it’s speculative and finance oriented (just like wall st) by nature.
may be all those who are in the circles are causing these crash.
i respectfully thisagree with you sir…. apologies for snapping there…
not as much as the wall st bull. we can only make fun of them, not call the game
may be they are doing this just to get the attention of the public.
even if they are making the fun, it is also a publicity which may help us.
why do you care about what others think? miami is the perfect place for this
why bro, is there any particular reason for that much hate?
"self-masturbatory", as opposed to what other kind of masturbation?
yeah i would be amish for the week and leave all devices at home if i went. every wifi network and bluetooth device near you trying to connect would be like running through the lineup at a las vegas brothel with no condom.
why do people go and watch live podcasts? it’s to surround yourself with likeminded people and thiscuss your interests. nothing wrong with it.
narcissism at its finest...
look at it side by side with the wall street bull. it’s the same. what are you talking about
by looking like a bull but not actually being a bull
more so it was posted to share with people in the community who may not know about it. a major us city unveiling a statue in honor of bitcoin… tell someone that 10 years ago and see how many people care about it’s use case and aesthetic
10 year chart still looks good.
it’s a manipulated speculative market. wall street has been in for years.
well, i'm fine with wall street moving in. why would that be a problem? bitcoin is open and free for anybody to join in, also for wall street.
believe there is a rather prominent banner behind the "artwork" saying who is hosting the event.
conferences make a lot of money, it is a business in and of itself. this one is from the people who run bitcoin magazine. creator of bitcoin is anonymous, core dev team are not. it has nothing fuck all to do with the actual bitcoin network and protocol.
this bull is a women. gotta stay woke or face cancelation duh
we will always have bitcoin roller coaster guy.
no they took that down a while ago
it's ok to see the price down, you have got an opportunity to buy
we are prepared for dip but we will not touch 35k for sure
we all want bullish market on card, bear is still far from us
lol nobody needs to ban you for having an emotional take.
they had to sell bitcoin to pay for the artwork
i do not why, we had same drop last year as well, but we will recover soon
bull is bull wherever he looks, he will give profit for sure
i know right. there's a fucking bull on thisplay - how can that not immediately set the floor at 50k
bitcoin is volatile!!!! before it reached 30,000 in 2017 people were talking about a bubble and that it would be dropping from around 6,000. i sold my coins and regretted it only a few months later
true hodlers are always bullish
it was 15 commandments, and it was a golden calf.
yeah it was a calf but still it looks so similar man, just look at it.
satoshi would want to know what all this bs is with all this wall street, tickers, banks, ceos, custodial wallets, coinbase, centralized mining polls, etc and to hell with it
definitely looks like the lamborghini logo, actually looks like it was made from parts of all the tards who bought one and crashed it
looks like the man has said the most relatable thing here.
i'd like to think he would strike down all the bad christians first.
miami actually does get all the natural thisasters
i think what he is saying is there is a bull market for my pockets
yeah there is a market for pocket bulls and we gotta appreciate.
we already have house hippos, so why not?
there’s definitely a market for bull….
my thoughts exactly. does this mean we have been infiltrated?
too late, i already right clicked and saved as.
nah lol i think people are too good to buy any nft here.
i’m gonna screenshot, nft your reply starting at .35eth, any takers
i can relate with this so much, i want to see them though.
it looks like iron man or a starcraft spacemarine.
thats called gloss dude.
your definition of "exact" could use some examination.
show a pic of the small one your selling and continue forward via a dm. please do not share your email on here.
i dont live in the usa :-(
truth. i feel as if it should have just been a giant bitcoin sculpture though. you are right, why are they using the wall street bull? bitcoin is supposed to be about individual financial freedom and everything opposite of banking and wall street. i see where you’re coming from my guy.
the correct interpretation is that bitcoin is the new bull economy, and it is much better than the old one. so the statue is the same basic shape, but is better and higher tech. it represents the new and technically advanced overtaking he old and corrupted. if you do not like that, then fine. but we should at least get at what it really represents before we thismiss it.
funny that the only reasonable criticism that can be found is only in the replies. people brigaded all the negative comments. i’m with you, i think the comparison to wall street isn’t a good look.
jesus dude chill...it is just a bull decoration lol
> maybe the fact that it is a direct copy of the wall st. bull? the terms "bear" and "bull" for market movements date back to at least the 1700s, predating america. saying this is a direct copy of wall st. is like saying a statue of mlk is a copy of a statue of columbus, because both of them are "people." the only thing this statue has in common with wall st.'s statue is that they are both "bulls."
i bet you're a blast at parties.
lol dude it’s not that deep. go outside
yeah, but there is a really funny show about don cheadle in the 80's doing blow and tearing up wallstreet called black monday. so we got that out of it at least.
you're spot on. "bitcoin conference" lol it is a right wing grift.
amazing that the event was sponsored by cashapp
i really loved your comment, you have spitted some facts.
> maybe the fact that it is a direct copy of the wall st. bull? holy shit that is the entire point of it
what are you saying mate? that's just went upon my head.
oh shut up lmao
i wouldn’t even say it’s metal (metaphorically). there is a beautiful, sleek-tech design going on here. they did a really good job.
lol you sounds so cocky here mate, try to be better now.
that's right, honey badger really do not give a fuck about that.
it seems someone is jealousssss, i think most of them are either shitcoins holders or something even worse
atlantic already has huge chunk of salts this salt is of no use
you guys ever play league?
salty about what? are you 20 years old or something? do you honestly think this looks cool. it’s painfully cringe.
damn i can feel your comment, that .
i think it looks like it would try, then suddenly its parts would rust and fall apart, then they would suddenly be made of vibranium.
if it is permanent, i'll be curious to see how it ages. (in the miami summer heat and humidity, i'm guessing that lacquer finish on the non metal sections will need regular maintenance)
sounds so good, i love that place and i will visit that again.
missed opportunity for sure. maybe partway through the event the eyes will turn red!
there is nothing wrong with a stock market other than the fact that it is in the hands of criminals. in an ideal world there would still be stock markets. the fed on the other hand is a scam.
sssst, logic and reason is not allowed in this thread. when lambo? moon? diamond hands.
lol "the worlds middle class lost trillions and all we got was this stupid brass bull" ...elites used the 1987 crash to line their pockets. it was not built to brighten anyone spirits. its literally a statue to perpetual wealth at all cost including trouncing on those less fortunate than you.
gotta be careful saying that on this subreddit! the neck beards and chads will come after you!
probably. still looks cool though
i agree, which is why only logical to build a massive golden statue to reflect that
i'm making the decision for you. shut the fuck up.
lmao that’s the funniest thing i’ve seen today
yeah 5-10-% doesn’t register at all.
which is all we are seeing specially in the market like stocks.
wall street is not though, the government's and banks are the same thing. the point of bitcoin was to remove this control over currency, it is for everyone. the last shinanigans with gme is a good example, trading halted. now the price is back under control. last time that happened the big boys lost tons of money. halting trading is a fine idea for fragile assets. what would happen to wall street without all this control. us gov buying up stocks to keep the thing afloat while allowing those at the top to cash out. the world's economy is held up by infinite printing to prop the markets up. bitcoin is the opposite of wall street. it is just a strange figure for something that goes againest everything wallstreet represents. the 2008 crash was mentioned in the whitepaper. anyway i see no problem with it, the bull is cool, bitcoin is still bitcoin and the vision is coming along just fine. the dollar losing dominance is the thing that will be a problem going forward.
wall street is pro government when wall street fucks up who bails them out? . the question mark goes after a question, do you have a question? no commie here i live in socialism for everyone europe. everyone here has access to it not just the rich. maybe i was wrong but bitcoin and wall street do not hold the same values. satoshi was not thinking about the poor defenseless investment banks when he created something that allows free movement and trade to everyone in the world. these sort of comments are amusing for us not from america. nobody is a commie here. 😂 we just soak up all the socialist healthcare we can before american interests destroy that too. they are already trying to destroy the nhs so i would say it will not be long. we will soon be brothers commrad.
i think he meant it in the context of being happy “lighthearted and carefree”
respectfully acknowledged dear sir
wall st bull is not cringe... it is exactly what i'd expect from wall st bitcoin is not wall street. it only looks like that if you did not dig deeper than half an inch in the topic. this "statue" is completely missing the point of bitcoin and crypto. **hence is cringe.**
... you appear to be a few noodles short of making spaghetti. wall st. literally is only capable of existing because of how the government creates and feeds money into their hands. they're two sides of the same coin.
a man doesn’t care what others people think but he still wears a tie. pride.
i got my coins. lol this is nothing but a rah rah weenie convention. only good thing is the location. if it was not in miami, what's the point? "bitcoin is the fuuuuuuutire!!!!" ...cheers. um okay.
don’t be pedantic. my point stands. stuff like this is corny as fuck. it looks like something out of the matrix. this sort of teenager fanboy crap is exactly why most people don’t take crypto seriously.
exactly like people are probably constantly war driving.
redditor for 3 weeks. hmmm
nope. look at them side by side. clearly the wall street bull looks like it just ran through something and is coming around for another pass. this thing looks retarded. love btc; hate whatever this is.
because the fucking statue does so much other than make those yllike you look like dildos
that's absolutely true we are watching the long term prospective
its almost like the market is down today…or he can predict the future. whatever makes most sense lmfao
remind me in 3 weeks and we'll see who's a clown.
i just like your username and then your comment mate.
is that a bull in your pocket or are you just happy to see me?
yes, but one of those dolls, that need to be in the original packaging to keep its value for the nerd collectors.
i ship internationally and we take bitcoin at the gallery. where are you located?
i ship internationally and we take bitcoin at the gallery. where are you located? dm me
i would love a honey badger statue though.
we all want to feel that lol, i am down for that kind feel.
you can’t say there is a correct interpretation lmao. people can interpret it however they want. if the bull is widely interpreted in a certain way by the public, then that is message it is sending, regardless of intent
the correct interpretation is that this is an uninspired copy of a relic of the past. that the inevitable crumbling of this statue will be due to the high cost of maintenance involved. that no one really wants to be responsible for it. that this is just placed in front of a convention center, a place of transience that is available for the next bidder. there is no permanent home for this garbage. lol laser eyes
how is it better if it degrades significantly over time while the other endures?
it's a piece of art with a message worth thiscussing and getting worked up over. not some meaningless animal sculpture with no context.
there is meaning behind art. it is worth thiscussing, if you dont like hearing the thiscussion you are free to not listen or interpret it in your own way as well.
i have no opinion on this, but yeah no it’s in the exact same pose as the charging bull on wall street, right down to the tail. pretty clearly an homage of sorts.
it's literally a copy of the statue, same pose, similar size, everything
he is not a blast, he is just a teenager, who does not know anything.
no, *you’re* not that deep.
just trying to give a legitimate answer as to why people find this dumb lol
>ah yes, let us imitate the very financial institution that we apparently think we can and should replace. brilliant. just to be clear, this is an event in which chumps like bruce fenton (of the thisreputable *bitcoin foundation*) is hosting and is telling people he is running for office. wtf are you expecting? i get why dorsey is sponsoring the event from a pr standpoint, but it is very telling he is not there speaking and is instead doing more productive things like focusing on block< 90% of the speakers at this event.
the bull represents the market (as a whole) expanding... trending upward. dumbfuck the bull does not represent a singular entity
the sludge from a desalination unit.
dead sea is just a small fraction of salt as compared to the atlantic
haha i agree, we are already enjoying this conference and looking for good future
it's ironic because it represents a technological revolution driven by ones and zero's, and appears that, so are the comments about it.
calling something "cringe" unironically is cringe.
who rained on your parade?
yup, hope they move it indoors
yeah we gonna visit the place now, we gotta show some love.
yes, just like we’re footing the bills for your smoking
yeah and i do not think they have a problem with that stuff.
i've seen worse use of taxpayer money, although i'm not sure how much this cost. and to be fair, the conference brings more business (and in turn, tax money) to the city. likely far more than this cost.
this is the least of our problems in miami. we got corrupted cops, lame mayors, corrupted city commissioners, exorbitant housing prices, higher income inequality and rising sea levels that will submerge brickell and all the rich crypto bro’s high rises.
when rekt, when panic sell, when dca, do the holding is the new normal language for me.
a lil bitch in his natural habitat. interesting 🤔
the point of bitcoin is to take over wallstreet, so we get a more modern bull. exactly the point.
this has got to be one of the cringiest comments i’ve seen on reddit lmao
indeed, it really is showing who the dildo is
remind me in 5 years. i have no interest in short term guessing games 🤡
why you are thinking for short term and anyway we are not going below 40k
i don’t really know i’m not a mod. hey if you don’t like btc i’m not going to try to force you. hope you do well and everything works out for all of us.
well i guess i am the nerd collector here, gonna collect that shit.
it will be a nft one day
then why is your interpretation better than mine if there is no objectivity in intentional representation? why does marketing work then? as you say, lmao.
true that, people are really sensible and calm here man.
it's good that people are still calm and sweet and talking good.
i took it as a taunt. we're coming for you. . .
he never went that deep and yeah i am his girlfriend.
every time i read or hear "desalination" i think of the simpsons episode with hugh heffner 🤣
they should eat some salt from their kitchen now, i would love that.
and now we get into satoshi picking (instead of nitpicking, since we're on the btc sub)... not if you are counting *amount of salt per unit volume.* liter for liter, the dead sea is saltier than the atlantic.
that's right, that is what we should call those idiots here.
well it is good that people are enjoying but some dumb ones are ruining.
lol why are you salty my man? try to enjoy the vibe here.
you have made it clear i am correct. so why comment. for one food standards in europe are considerably higher, a good reason why we do not import nasty american cheap meat. 😂 if you have a problem with your european house it is because you cannot afford one of the big ones. america was unaffected by the war europe was devistated so people built houses that they needed. living standards in europe are good for everyone not just the top half. it still is hard to believe americans still have this superior race concept stuck in their head. think how well you would live if your owner was not spending all your money on war and control. nobody cares what america is doing we are just watching it burn. rotten to the core and all that. america is basically a 3rd world country, the rich live extremely well, just like any other country, the poor and lower class on the other hand are exploited, most would probably have a better life in europe. less risk of getting shot or threw in jail.
you should dig deeper than half an inch in the topic bro
florida man gonna florida man
ok. that’s fine, but you can play two games at once. i’m holding, but preparing for the dip.
okay. you can be a bull, i’m being realistic. the thiscussion around bitcoin isn’t only about long term, since it moves by the second. if you want to time buys, i’d suggest you wait, i think it’s gonna drop below 40k. time will tell if i’m right. you do whatever you want.
mine is not better, but mine is just as valid. you said the correct interpretation. im saying there is not a correct interpretation, there are simply interpretations. marketing is not art. marketing is trying to sell a product. this is a statue to represent an idea and it can be interpreted however people see it
hahah i can relate with that, i felt the same shit when i was reading.
i dug more into it and i think (op) may be wrong. >"tradestation, a south florida-based finance company, commissioned and paid for the statue." > >... > >and if the bull reminds you of a certain robot movie franchise, that’s by design. furio tedeschi, the artist who designed the miami bull, is known for his work in the “transformers” saga." so we may be quibbling over misinformation. as far as it being a "chilthish gimmick" - art is always only valued for those who value it. without going on too much of a tangent, the "abstract art" in my city is so abstract it is not that appealing to me. and touching on the inner child is a thing that should not be scorned, in fact many great philosophers thiscuss how as one grows into adulthood they lose that magic of an inner-child, and one of the greatest feats is getting it back. so in summary, i like this statue. i watched transformers and even beast wars as a kid. a kid walking up to this statue, i suspect, would also enjoy it - and there is nothing wrong with that at all.
you should start the process of digging before instructing others to.
amazing how relativism rules even the definition of the words you use to make your unwittingly thisingenuous points. you say art represents an idea, but then say you do not have to recognize that idea and can interpret it however you want. you say marketing is not art, but in your head you know very well that art is a huge part of marketing because it presents ideas that make definite points, not just whatever random interpretation that you decide on. also, marketing is not only trying to sell a product, it can be to make you think and, place, or thing. it can absolutely be art. and in this case it is. again, nobody has to like it or agree with it, but when something is objective we should see it for what it is, and then like it or thislike it. not say it is an exact thoughtless copy of the one on wall street, but recognize hat it represents a new economic power. maybe well done or badly done, but it is what it is.
> furio tedeschi, the artist who designed the miami bull, is known for his work in the “transformers” saga. i knew there was a reason why i immediately hated this aesthetic.
also the bull has no balls lol, no literally check it out on twotter
people in cities drive mopeds because they are faster than cars and easier to park. i drive a 6cyl turbo saloon that drinks petrol. i'm sorry but the world is great. full of beauty. americans like you suck, with a pathetic attitude towards your fellow man. wise up. america on the face of it is a dump which is currently tearing itself apart. you will be glad of europe when this happens. enjoy the high quality food while you are here. 😂
have a good night hope your bitcoin moons
why would a cybernetic bull need balls? :, transformer bull is not going out into the wild to reproduce.
btc gives you love
she is a minor...er...miner*
is she a crypto digger?
isn’t that damnhomie11 from instagram?
spoiler alert: the love of his life is the laptop!
if i had just 0.0004 satoshis from every female who found me unattractive, i'd be as good looking as this guy!
man, what are the odds?
i've met this guy on the beach. he owns a modest 2b condo and he his family come from canada and stay here during winter every year. the young lady is probably related. this is a meme and completely fake.
she really looks like she is in love with him. she is making me a believer!!!
just look at the face of his girl, she is so happy right now.
all jokes aside, how would one actually check this?
plot twist: she’s underage, so she puts him in prison and keeps it all.
i've been trying to swipe right on your profile for so long... the app finally stopped glitching. it's a me mario-etta!
i wonder what this girl want tho hahaha.
let him say he forgot the private key and see the lover thisappear in thin air
damn that is really huge, is that a real news or it is just a meme?
this is what luck looks like, i hope i will find some too lol.
5000 bitcoin is just too much to accept, my brain is fucked.
is she a slot machine?
is this fake or real?
takin him to the gym for faster access of the account
what a lucky guy huh!
think people do not realise this is a joke and not a real new headline
you too can become an old man! don't miss out on this opportunity of a lifetime!
i wonder if she verified his wallet before she became "attached" to him.
she has him in the gym so he will die sooner of a heart attack lol
a don't you love true stories!
**breaking news** south florida man finds ~~love of his life~~ gold digging whore after thiscovering old laptop with 5,000 bitcoin.
now i am not saying she a gold digger...
i'd even be gay for 3 days to get that private key.
thanks for reminding, i will check my laptop right now
two days after that, his tragic passing.
there are days like this when everything smiles at you. our old bitcoiner even met this lovely young lady after finding 5,000 btc :d
south florida is written all over this
just a meme, but could be have been true.
i can be his love!
fake shit and this community is full of misogynists. pathetic
hah i hope that’s a meme
i have a friend in england that bought a used cd thisc at a thrift store that had a wallet on it with 25 bitcoin shares. score!
i have an old laptop that maybe has crypto, how i can recover it? lol
at least they’re in the gym together. she genuinely cares about his health
lol fuck she’s hot
an old player always has the skills don't let em believe its ever about money
shes gonna get his seed just not the seed phrase she wants
she will soon be all over social media and be a bitcoin expert.
she is a bitcoin digger. amazing that it happened right after...
halitosis meet dragon breath
never stopped. old institutional machines are a gold mine if you can get at them before they are wiped.
he is so lucky. it's like when you found .
i’d marry him for 200 million dollars.
love of his life eh? mhm
i heard of bitcoin ages ago, but never bought any. story of my life.
there is still hope for me. just to wait few more decades.
it's so sad actually...lol people are so shallow today. she wouldn't have given him a second look if it was not for his new acclaimed wealth
florida man - wholesome ending
can we found left over bitcoin there?
love is worth more than 5000 bitcoins - michael scott
he could have done better
what's is happening now a days? i cann't believe.
yeaaa so happy for them, such a great couple, love at first sight <3
this symmetry is not without meaning...
i do not know what should i say now man, the guy is just lucky.
that must be true love
can someone explain to me what do you mean by " found bitcoins on an old laptop?" isn't bitcoin a virtual currency? wouldn't the original owner have access to it over the internet? i know nothing about bitcoin, hence asking.
ahhhhhhhhahahhahaahhaahahah shared on twitter!
is this the story?
i found my grandpa!
titano king of auto staking and auto compounding with 102k apy.
i have a quarter of a coin on a drive somewhere but i cannot find it. what can you do. the early wallets were really shitty and thrown together so it did not really feel like it was going to be the backbone for a new internet paradigm. its always nice when you are early to something big but it is very hard to see the big picture especially if you are a poor college kid who cannot jump on every investment that comes into view.
if i had 5000 bitcoins, i would not forget about them
i am sure that when bitcoin takes off, everyone will greatly regret that they did not buy it now.
be sure to check your old laptops for bitcoin, before you recycle them! you could be sitting on a fortune!
nice to see these happy love birds here, they will do great xd
they’re both getting what they want. the guy could have gotten a better deal somewhere else though smh
can confirm. i'm the 5000 btc
i'm sure the old man is not an idiot either.
sure this guy could also get some [ :)
i bet she takes it the bitcoin too.
i ain’t sayin’ she’s a gold digger...
bitcoin unites people! lol
true love story)) and about true life love
i am happy for florida man. good to see he is finally getting his due.
damn i think i need to check my old laptops for bitcoin now.
true love... for crypto
apparently 5000 btc gets a new wifey
why she look like female gary gensler?
if i had a nickel for every old forgotten wallet file i've found over the years... that has already been emptied because i sent those coins elsewhere... i'd have an extra 0.7 btc. :-p
this guy knows about bitcoin? surprised he even knows how to operate a laptop.
the good ol' florida man!!
now that is what i called kizmet i wonder if she adds 1 or 2 teaspoons of rat poison to his metamucil?
and they say money can’t buy happiness.
lol how to stay wife free? lol stay poor
\> dies \> doesn’t leave private keys \> widow: ಠ_ಠ
"i am not saying she is a gold digger, but she does have several shovels, picks and sluices attached to her donkey" norm macdonald
you'd think he could find better love after uncovering 200mil
what a lucky guy
that's the smile of never having to work again.
isnt that the ny russian jew girl who was a comedian turned feet model
so happy for them!!!
you can’t buy love but you can share rent it for 5000 bitcoin
is the end goal of bitcoin or money all about getting that hpoa? lol "the center of the world"
5000 btc can buy a lot higher quality love than that…
5000 bitcoins work wonders and make a granddaughter fall in love with her grandfather even more.
this is why bitcoin is so special, he gets to tap that ass and she gets some coins. win win. what a lovely couple
you guys supporting this just shows how ridiculous you are lol.
is this real news or ps exercise?
there is just a small chance that the new wife is a gold digger.
money doesn’t mean anything if you can’t get what you want! 💥. congrats buddy 🎉🎊🎈🍾
so was he 70 when he start mining?
hope he is getting his knob polished regularly.l 🤣🤣 edit: i think he would be. my wife just told me, if i had 5000 bitcoin, i would be getting it too! theory confirmed!
i’m sorry is that a typo? is it supposed to say “south florida man finds his granddaughter”?
i do this when i get bored, hit up good wills and salvation army’s etc and pawn shop and if the computer is able to run just do a quick scan for dat_wallet file. any suspicious that it might have been exposed to the dark web or anything like that i do a deep scan
she is hot. her intentions? now that is another thing.
he better check his coffee before he drinks it
could have been me but some smug smartarse on 4chan posted a detailed infographic proving that mining bitcoin was a stupid idea because you would spend more money on electricity powering your computer than you would earn in bitcoin, th-thanks anon
next week..."5000 satoshi is not the same thing. it's not you. it's me and i just have alot on my mind lately"
i'm willing to turn gay to be his for 5k btc.
he can’t even find his teeth
when bitcoin gives you love, peace, safety, and a love of your life...
this is fake. that’s a pic of a famous ig influencer named
looks like his daughter
i has extra ticket for sale, listed very cheaply on tixel 💗 message me for the link
it's never too late for love aww
two days after he found those bitcoins ? hahaha. dodgy as fuck🤣🤣🤣🤣
oh ya baby mmm hmmm
ofcourse he found love. she is a gold digger.
good for him but shes sus
clearly this is fake
i'd marry him too. looks like inheritance would kick in pretty soon so it would probably not be a horrible hourly rate
don’t forget to creampie to spread his legacy.
wealth changed wife = lost health =p
i saw this phrase the other day. it’s really clever. i likey
they come when you have enough cash for their spending
another way to get btc without kyc
too bad love does not give btc...
also a hard on
yeah love with wealth and sometimes love for the heart
we used to call them gold diggers.
a whole new definition for bitcoin minors.
excuse me. i did not see any miner hat or pickaxe
miner? i hardly know her
i literally laughed out loud. dang i love reddit for the comical comments i wish i came up with 😂😂
louis ck joke lmao
do you think they could be the miners? well sure, look at them, they must be like 12 years old miners not minors! ... you lost me
hoping to find love of my life after i find 4999.999 bitcoins!
that's the correct way to call miners, she mines bitcoin through old laptop
she ain’t nothing but a coin digger
a digital gold digger
has this been coined? because if not, it is now - and i was here.
no, just another miner
nope! just btc digger.
may be possible, because world has changed from gold to crypto
not sure, i don’t have instagram lol
i am glad that i do not have any instagram account now.
i was thinking the same thing...
is it the left hand path or right hand path? sorry for the caps i wanted to make it loud.
damn, you spoilt everything, i was about to reach the conclusion
well i can relate with that shit so much, i could be real rich.
well the odds are pretty less but still we can give it a try.
you have to be gullible af to even consider believing this was true or real news.
could be his personal trainer at the gym for all we know
unlike the rest of reddit content?
i was not a believer. then i saw her face
yes. someday we’ll all be there. wagmi.
anyone can make face like this, if someone knows about bitcoin
i know right i can literally feel you because we all are in the same situation.
use void tools everything app to search for wallet.dat
that's just a meme though, i do not think we can have that.
that situation means the parents are using their daughter for money because they have to give permission for the marriage.
that's how you do it, i have not seen something beautiful than this.
i have not seen something better than this comment right here.
the girl want to access his beautiful old laptop, you think so?
i do not think so, just look at the girl, she do not want anything xd
good question. it was on cnn so i have no idea if it’s real or not.
it is not just want to be amit is going to be a real news for sure.
it will be really cool to see if anything like that happen in future.
he probably didn’t put in any effort
yeah for 5000 btc he could run a beauty pageant and pick the winner!
i do not think anything in this whole fucking world can accept that.
i spent all day staring at the constant movement of a wallet that has 28,800 bitcoin. like, i cannot imagine why someone would be constantly moving a billion dollars worth of bitcoin. obviously, they are trading it, but holy shit. imagine being able to swing trade like that?
no, she is a slut machine.
it's almost certainly a personal trainer taking a selfie with her client but hey, this is reddit. edit: spelling
lol that is just a meme mate, do not take it so seriously please.
it's definitely real, i know both of them, they are madly in love.
lol that is how you do it and that is just so lovely to see man.
imagine what would’ve happened if he forgot his password
the girl just fell in love with that handsome guy, that is so good.
it is good for you just go and check out you will get a lot of stuff.
that's right, we all can fell in love with that guy right now.
obviously mate, no one can have that kind of bitcoin lol.
damn that is such a good luck, hope he is having good bitches lol.
damn that is a steal! what year it was when he bought it?
what are bitcoin shares? where's the company?
she really want him to do some heavyweight work out lol.
yeah man, we just 5000 bitcoins to get her in our life now.
that's not about money, that is just about some real love.
*post joke drum sound* ba dum chhh
well that is what gonna happen but they all gonna say that love is blind.
lol i bet she is just planning to do that in her mind right now.
my king is holding such a gold amount of bitcoin right now.
she is in love do not defame her like that, that is not good.
lmao i can relate with this shit so much, thanks for making me laugh.
well they are in love, what are you talking about my man?
i believe you mean "coindiggahs"
she gonna eat him alive and we all know that shit for sure.
she gonna make so good love to him, we all can just be jealous.
this is how we get a real love in our lives mate, keep hustling.
how is that funny to you guys? that's just some good love.
it is just a feeling nothing more than that you should not think about it.
now this is very good i am going to share it on my twitter account.
i really wish if i could be that much lucky as well to be honest.
who is this person i am literally hearing about you for the first time.
well now this is just a lot of amount to literally ask for. .
it is not just the confidence it actually looks like it is all planned.
if this is not the truth then i do not know what is the truth lol.
i know right this look like it was one of the best thing i had seen.
i do not really get it can you please explain what are you trying to say.
it will be really hard because it is not going to happen.
i agree to your point because right now it is not in this much position.
. i know right even i had expected something more from it.
something really stupid is going to happen because i can see it.
indian but it is very real to happen and you would not see it now.
exactly it looks like he is very smart and he is professional for what he is doing.
but it is definitely making it look good i do not know anything more than that.
this type of love is really rare to find because right now love is just money.
i agree to your point in this that this is very rare to find to be honest.
i know it when i was thinking about it when i heard about that.
the success is not the only thing we can see here a lot of things are in consideration.
i am going to share it on my social media i will for sure.
let me read it i will definitely tell you after reading it.
well i do not really think that it is going to be that much old for sure.
how much money is that because i do not understand this currency.
going to be sure about that much then you can invest by closing eyes.
this is exactly what i was thinking i am going to forget it as well.
what about the cold storage they are just for resources.
good that there are people like you.
she is not a gold digger bro, she is just a bitcoin digger.
are you afraid she can bench more than you bro?
noooooooo. everyone is an idiot but you. you fucking genius.
his legacy should be heard by everyone of us and the world.
we all want to have such kind of wife in our life man lol.
seriously? i think it is cringy as hell.
we all just want to be this lucky in our fucked up life lmao.
damn your username is just killing me from the inside.
the chick in the pic would thisagree
nope that is still viagra.
it still turns me on and i am sure the girl can feel that shit.
please "currency enthusiasts" is the preferred nomenclature.
they are bitcoin digger and we just gotta accept that fact.
comment of the day. btw when do we update the terminology? bitcoin diggers is already a thing.
they are all after the old hard drives now
minors are hardly seen in crypto because of kyc process
miners like her are pretty rare, we need to find one too.
do you know every fucking miner in this whole world mate?
that's how they do it, we all gotta be a bit miner sometimes.
most of the comments on reddit are sarcastically, you will find them funn
miners are the one who is keeping this legacy alive right now.
it your luckie day, sexy! just sind me 100btc and i will sind it back double! pluss will sind noods!
she ain’t messing w no dog coin holders
i like this one
coin digger along with holder of 5000 bitcoins in laptop
i love that term, gonna use that on real crypt-digger in the future.
well it is now, and we do not have any reason to thisagree.
that's a minor miner, the best thing a world can have lol.
that woman is the best one from all the women in the world.
she has tiktok and youtube i think also
that's my man, we all gotta stick with sensible things in our life.
well i do not know about that but i want to be that lucky right now.
we all can still earn and be that kind of rich i guess right?
huh? thinking something is real or someone is being serious when it is an obvious joke is the opposite of being gullible.
or she thought he was an actor and wanted a selfie
without a trace of doubt in my mind.
now i'm a believer
her face is just telling me to earn more bitcoin in my life.
and said: "holy jesus and all the saints!"
what is the full form of wagmi? i really wanna know about that.
i know my luck even without using that tool on my laptop lol.
i literally thought that this is just me nothing more than that.
satoshi will only approve a permissionless marriage
this is just a simple comment just take it as a comment and leave.
i really do not understand that what else they want if they are having that much.
could not even afford two pizzas
it's just pure luck mate, we do not have to put any effort.
for 5000 btc he can build his own playboy mansion and be the new hurgh hefner
how many of those coins get moved per trade? surely only using a very small fraction, but part of me wants to believe this person casually yolo's a billion every other day, exclusively from their phone of course.
coins do not go in one of those
no she is a instagrammer damnhomie11 and he is prolly just a “fan”
people need to understand about how reddit works, they are confused.
it's not even a news that is just a simple healthy meme i guess.
people are not taking it seriously and i do not understand why.
that's right, they are my friends and i can confirm that shit.
damn i do not want to imagine that, it is like a nightmare.
haha 😂 i know right!
this is just too much to ask for right now in this world.
there are many people like that only i wonder you are appearing for the first time.
there just going to scam you and then go out in the thin air.
she looks like a very trustworthy whore, too
wait until she finds out he lost his keys
there is nothing like a real love it is just about money and how long you can go.
it is actually good you can just put him and be on the top.
take my award of reddit osmium. it’s the rarest accolade for the rarest of wits.
just it certainly looks like he was talking about something like that only.
that's a new word here, gonna use that in future for sure.
he cant be that heavy
i was about to say that, the guy is just so creative boredom xd
oddly enough, bull markets and bear markets do affect both mood and physiology. libido in a lot of traders goes up *significantly* in a bull market, and i strongly suspect the same is true for bitcoiners. certainly is true for myself. viagra is for bear market months.
aren't they both work on us like the same? i hope people can relate.
lookin for them socially awkward bitcoin millionaires. frankly i wouldn't mind.
lol that was really hilarious, you guys are good at jokes.
don’t call me mate! im not your mate, buddy!
yes this is the only reason why i literally love this community to be honest.
the lyrics of this song are entirely too real.
no one wants to mess with coin holders which are low cap
got coins girl, oh yeah, got-me-coins
we all gotta admit that she has been playing a long game.
a lot of things are going to happen in the future just be reading.
you are right about it that is why it is just like that for everyone.
don’t know who she is lol
well i am good without knowing her identity, she is great in this meme.
we all can relate with that fucking feeling i do not know why.
i could not leave her
well are not we all are believer now? she is just controlling us lol.
and it certainly looks like she is just a gold digger or something.
it's a search tool for windows, very useful to quickly find files. it indexes all files on the drive and then you can just type to find anything, anywhere. i have it on my win+s hotkey.
but now he can own all of us in just a go and we will accept that.
no i'm talking about dozens of transactions per day. i do not understand enough about the blockchain yet to know whether or not that billion is being moved. i see an input and an output, and there is always multiples of one or the other, so i guess it probably is just moving a small amount to or from the billion-dollar wallet. i need a good tutorial on how to actually do real analysis, cause at the moment i do not know shit.
i'm gonna get a booth at the county fair. i will take someone's pic, then photoshop it over the guy on the left, and sell them a poster
lol thanks for telling that, i was confused at the starting for real.
a lot of people are just confused and they do not understand that what they will do.
the best thing to do right now is to just hold and keep patience.
it is good for you that you are playing this game from a long time.
she has an onlyfans… i bet you have that lol
and we do not regret that shit right? we are too good with it.
maybe because her eyes is telling you something you do not know.
i could not leave her if i tried
i hope she will be mine in this world, i really want her right now.
that makes sense yeah. it's pretty sweet you can track the wallets and transactions like that, i'll check out how to do it too
well you can try but i am not sure you will get enough from that.
i knew it was her...
doesn't look like her at all imo
“from instagram” yeah, sure. thats where you recognize her from.
thanks for the link lol i really want to know more about her.
never even been to the domain homie
of course she has an onlyfans
well there is nothing wrong to try once in our life my man.
i know right even i am wishing that as well but it is not going to happen.
check out mempool.space. enter a whale wallet in the search bar and look at the history.
she has arms and legs
i do not know anything pure than your soul mate, keep it up.
you never been to the damn homie?
and now their ***entire country*** is missing out on the gains.
i hope they ban it again! 🙏
please take my upvote, because rolf...
can’t stop, won’t stop
china, plz ban btc everyday😭
even though it is banned, there is no stopping some people's enthusiasm for crypto
china seems to always over estimate their importance...
many were scared when china banned bitcoin mining in may 2021, but it turned out to be extremely bullish for at least two reasons. the first is that it put to rest criticism that bitcoin's hash rate is too concentrated in an authoritarian country where human freedoms are not respected. secondly, it also raised bitcoin's esg score, with the share of renewable energy in the electricity used by bitcoin having climbed well above 50% since then. bitcoin does not need china to succeed in its revolution. china will regret this decision, and may even regret it already when we read in the last few days that the chinese communist party is consulting the population on whether bitcoin should be allowed again... a big joke that you should not fall for. the success of bitcoin is inevitable, and it is better that the hash rate is dominated by america, whose values better match those of bitcoin.
haha wow this is great
another banger from [](
it still blows my mind how resiliant this network is. we saw half of the network hashpower go offline. and yet, an end user wouldn't have been able to tell anything had happened. blocks came through a little slower until the difficulty adjustment, and that was that. it was completely shrugged off.
at least we got the sale and entertaining year. we saw bitcoin ath two times a year!
have fun staying poor china
china thinks that they can make an impact on btc fall but unfortunately they lost! just like how they sucks everytime!
ccp is just stupid
the world is not looking favorably at china right now and anything that china does comes across as anti-democracy and anti human values. to me this reinforces the existence of bitcoin
what's the matter, china? affraid of a little freedom? :)
hilarious tbh xd ' but seriously ' china did not ban bitcoin because they were trying to kill the currency, far from it, they banned it because they are going through an energy crisis and of all the things to spend their precious electricity on, bitcoin would be the worst **at this point**. not to say it is not worth it, more to say: ' they have enough. ' they've mined it for all the best years of bitcoins lifespan, and are about to make the best payday of the century with this bull run. the cost analysis to continue mining at the scale they were simply is not there.
what you do not realize is the chairman of china owns a huge amount of btc and is banning it so the value will go up
it might- just might- be the case that us average joes read 1984 in school and completely reject the ccp
imagine getting your long liquidated because the media decided to recycle "china bans crypto" news
lol i am crying!
they won’t thisable it, china can
that's the reason i like bitcoin so much, nothing governments can do at this point.
the original movie is called “come and see”. it’s hard to watch.
i believe a thank you china, is in order here ,...
it had precisely the effect they wanted it to. if you were looking to buy btc, their ban announcement was really awesome.
its to buy the dip
let's not act like they are not getting in on it. they ban it for strategy.
absolutely hilarious & true
yeah every ban just proves how much bitcoin is worth.
just a reminder vpn's exist
made me remember the story of "3 little pigs"
this is called resiliency 👍🏻
they weren’t trying to destroy bitcoin. they just don’t want the renminbi to have to compete with it.
ever thought that might be their desired effect? do hold china above market manipulation?
there would be nothing to ban if it was useless or did not give any financial benefit to the holder of btc. china’s move made it obvious
china is trying to tank all markets across the globe. best part is the crypto ban showed the world china can’t do jack! paper tiger. they are the cheap labor of the world, nothing more.
and now their most of the richies are trying to have more.
if you want to be part of the global economy, you must embrace it
i knew it because they cannot ban it from mind of the miners and holder.
fuck those 2 inch dick fucks 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
just be patient. the crash will come, no worries.
china did not take an action to destroy bitcoin they took action to save electricity *seriously guys, check out how shit has hit the fan in china in regards to electricity (flood related)
fuck china. the royal wu tang clan domineering over their own people trying to keep them from getting ahead in life are pathetic thishonest excuses for human beings.
hey everybody, have you met metavfinance? help me understand whether it is profitable to invest?
ironic because of how much electricity the bitcoin network uses.
believe me, this kind of news cannot stop coming, recently, we also received such news from country like nigeria, banning her citizens from accessing twitter, it is china now, doing the same similar thing to her citizens. this is not encouraging. now as we speak both countries has denied their citizens their social rights. they cannot socialize or communicate properly with the outside world. their families and friends around the world cannot communicate or chat them through those social media channels that they are restricted from. from this point of view, using a decentralized vpn service like sentinel dvpn is perfect solution to all this problem. with the use of sentinel dvpn, users can tunnel their signal to servers in another country, hide their ip and use foreign internet connections to unblock social media websites. sentinel is a blockchain-based decentralized marketplace for bandwidth sharing. sentinel enables anyone to create a virtual private network and have access to the thistributed bandwidth resources where users become both providers and consumers in the network.
in china they can make the people thisappear too
it made things worse, iirc lot of the mining power is in the usa, which makes the whole point turn into a 360
one thing i never understood about bitcoin, why does people buy it as an investment? when it is an alternative to currency, why was it being used as a foreign currency? also, bitcoin should be available to everyone and should not become an expensive thing, why are people happy when bitcoin price is going up? this feels like a real estate bubble to me, artificially increasing the price of something so that the middlemen make money.
as long as you pretend chinese people don’t exist.
the effect had nothing to do with china.
listed several and projects this year. i think, maybe one of the best candidates for listing could be ?! considering that game will launch soon.
most of it was in russia anyway.
i guarantee their rich are still buying it, trying to hide money from the ccp.
the ccp holds a ton of btc lol
legacy government do be dumb though. . .
and the increased revenue from electricity usage.
they keep buying coins now worries, i am sure they are loading up on gaming tokens like axs, wfair, slp etc
bitcoin is power!!! [
they help to break the new heights so now they will not gain anything.
they destroy themselves by their hands it seems! feels bad!
definitely, they will. other departments of china will make an announcement sooner or later!
give it 6 months. that's how long it takes for then to forget they already banned it.
haha, i knew you desire, nah, i got your desire hard mate.
can't stop, would not stop because it is not the thing to stop but to run.
so the people here too
the big powers just want to rule everything they see new iin this world.
everything china's done in the last 50 years has been a calculated move. i do not doubt for a second that china has a huge reserve of btc there are zero regulations regulating btc they could have easily manipulated the collapse to buy in.
first time i hear this. source?
or at any point
they took action to screw over their own citizens. again.
the real reason for the ban: > > > > china's cbdc (central bank digital currency) or digital yuan. > > > > they want total control over the currency and over their population. centralized digital money under their total control combined with the 'social credit score' orwellian program, they will effectively have every citizen under their thumb, with no way out of the authoritarian total centralized control. > > > > xi is becoming effectively an emperor with no way to take him out of power. the communist party already closed all the avenues that could lead to that (legal, political, economical ones), crushing all forms of thissent and all freedoms. > > > > do you speak anything other that absolute praise for the communist party and xi? you get social demerits and cannot travel, cannot purchase things with your digital money, etc. an authentic 'black mirror' dystopia.
found the chinese shill
i think it is. metaverse is the next big thing as it appears, and it better be decentralized. in terms of profit - . coinmarketcap and coingecko listings are coming soon. the token is deflationary by design. also, 2% tax per transaction goes directly to holders. this one has a bright future imo.
it's been increasing since its inception
almost seems not worth getting your head cut off for… *almost*
i accept this thing as there are some friends of mine and still they talk about it.
the rich already moved their money out a decade ago. and they have other avenues to move money that normal people do not have.
yep, it’s actions like this that bitcoin exists in the first place.
they just go off shore to singapore, taiwan pts anywhere else in the world lmao they got the money
i'm doubting they need to hide it. usually the rich "work" together with the government
the rich are just finding alternatives to invest an buy more. they know what's up next or may happen next.
totally and i knew this before because i am living with them.
and still some people think,china had no participation in this new height.
how else can they enter in the 40s again?
when doesn’t the us matter
well they did mine the shit out of it before they hit an energy crisis...
jep, throughout history, sound money was always worth getting heads cut off. without it, everything you do is in vein. you can not save up for something nice, you remain a slave, you have no say, and all such things. money is the grease of commerce, if you corrupt money, you end up with corrupt everything. bitcoin un-corrupts money, in fact it actually open-sourced money and it is probably the most humanitarian invention of the century.
still they had a partnership of crypto mining like 13% of total.
ain't that worth enough that cutting head would satisfy you lmao.
yes they do but still i think they have investment in btc as before just not legally.
and i am still sure that they have their part in the bitcoin.
wfair and axs are gaming tokens do not you think gaming is the big trend?
it is from the very first day of it popularity because the super powers are against it.
vain. vein is what takes blood to the heart. what? someone had to say it.
i'd argue it is the greatest human thiscovery
i mean in regards to china, you are a slave to the ccp regardless. do what they say or die.
yes but gaming projects like axie, wallfair, iluvium are trending a lot
i know that much
what should we know about china? hmmm geography, stats, scenario.
why tf would i do that? don’t get me wrong it’s a beautiful place, but get serious dude. fuck china
fuck the cops! let them make some noice. lmao! grammar > police > spelling.
i don’t know if you’re playing devils advocate or if you’re ignorant af. do you support genocide? do you support communism? do you support the banning of bitcoin?
tldr; according to data from sentiment tracking company awario, the positive-to-negative sentiment of tweets about tesla ceo elon musk reached a new low in may. the ratio of tweets in favor and against musk had fallen by about 25% to hit the lowest ratio since awario began tracking musk's sentiment in october 2020. however, positive tweets defending musk also followed that announcement.{} *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
his magic words losing magic i’m ok with that
bitcoin do not need elon
wasn’t really an attack more of a false information campaign just right after he dumped at an all time high
i never liked the guy and i lost a lot of respect for joe rogan when he fan girled out on the interview with musk. electric cars are going to save the earth but electric currency is going to destroy it? doesn’t make any sense.
i have committed to only referring to him as "muskrat" for the rest of my life. fucking hate the guy.
you either die a hero or you live long enough to become the villain
people are realizing he’s actually cringe and lame. stick to rockets
i think his reputation hit a low because people realised that he’s a dick
a lot of people hates him right now. he is a crypto industry traitor
what is hilarious is people are making their life investment decisions on a musk twitter. the level of financial & economics knowledge & education is shocking. schools& finance for all. so they do not have to rely on elon musk's twitter spasms.
time for the elon popularity bubble to pop. dude needs to stfu.
i think it is more that the sec is pissed because they did not screen a couple of his tweets. [
he went from hero to zero in my universe in a matter of hours. only if i could get rid of my tsla shares without the pain of gst, i will be done with him for good.
he's a welfare whore sucking at the us taxpayers tit is for the last 2 decades : "under easy fiat money, a huckster like musk can get rich building expensive frivolous toys for the rich, paid for by the poor, with no hope of scaling, simply by skillfully manipulating tv viewers' hysterical fear of co2 into lucrative subsidies & carbon trading scams."
has anyone lost faith in elon like me?
twitter is a dumpster fire of a platform. this isn’t news.
i'm sure he cries himself to sleep about it
elon musk just a newbie in this market ,the only difference is that he has a lot of money :))
musk cannot be trusted. he tweets for his own self interest.
elon is a chode deluxe.
good. this dude sucks. i hope more people realize what a selfish, lying, manipulative dick he is.
sold all tesla to buy btc
better do not go attacking bitcoin, many have tried before, and look what's it is got them. just loss. attack bitcoin, get rekt!
tl;dr man who is richer than most people in the world is getting fewer likes on twitter
elon stans are annoyinggggg
imo elon has too much on his plate. he needs to settle down and focus on few things.
when peoole stop admiring billionaires, the world will be a better place.
i think it is important to separate what we think of people as public figures, and what we think of them as actual individual human beings. i approve of tesla and spacex, and i agree with everything this guy says about the importance of making humanity a multiplanetary species. i approve of the way he has taken his wealth and focused on creating the changes he wished to see in the world. i approve of the way he advances his agenda by creating technology rather than by attempting to influence policy. and what's he is done, i do not think most people could have done. but, on a personal level, the man is a narcissist. in fact, he kind of had to be, because no sane person would do what he did. and that means he is going to do insane narcissistic shit, and throw tantrums if he does not get his way. like another recent public figure, he is not a "good" man, but a *usefully insane* man. such people need to be regarded with compassion for their mental illness, appreciation for their positive accomplishments, but also a certain lack of trust on account of their basic instability. it's not as simple as whether you like someone or do not.
he doesn’t give a shit about reputation. he made himself and a lot of others money… also, i’m not a big fan of him and what he’s done :/
he’s a fucking bipolar nutcase
i do not care about this.
“reputation on twitter” lol
good. fuck hero worship.
he gets millions of dollars so i doubt he cares
he became a famemom overnight... 😂😂
fuck that douche. elon is a joke and a scam artist
elon to join mcafee soon
i have a feeling some people also are to young or young to crypto to remember, the btc-e trollbox. this was a hotbed for price manipulation, everyone took part. it is impossible to imagine... live trading volitile assets with a live chat box and huge sell walls causing absolute chaos. i miss btc-e, this just seems kinda sad in comparison. upvote if you remember the chaos. 😎
fuck this dude and fuck tesla. imma wait for an affordable audi e-tron.
a month later and the salt shakers still aren’t empty? why are you still spending time on this topic if it means so little and carries so little weight. dude is living rent free in your heads.
who tf cares about twitter anyways it’s trash
musk is a poor guy, full of money. he needs to feel he is the center of the world. his complexes are strong. btc does not need him, but he needs btc.
wow...thrilling news. who the fuck cares. anger isn’t directed towards you op, but really? someone sat down and took the time to write such a fucking pointless article.
it was really stupid. many bitcoiners would have bought one of his products. i aint selling bitcoin for a tesla anymore.
elon musk likes messing things up, just like his tesla’s
you get what you deserve
maxi’s think this actually matters lololol. funny to see you all stuck in this.
yes, elon musk hits bitcoin b, but then all his cars r powered in the main by ff. and elon gets , & if that is not enough, to make his evs viable he wants to introduce a carbon tax on the citizens. this guy is a 1st class parasite.
you just really love elon. he's a billionaire that does not care about you. but you love talking about him
am i the only one that does not think elon's tweet caused the dump? the chart already looked like shit. i still think elon is pretty based. he should just focus on electric cars and solar panels and battery packs. crypto is not his strong suit.
he's not only fucking btc he is fucking every other coin in the process.
a maxis all butthurt now that elon doesnt pump up their wittle coin anymore. boo hoo, so sad :(
stop posting about this fake haired fuck!!!!
if he said something overtly positive about bitcoin tomorrow, more than half of you would flip flop back to licking his boots. sad.
just stop giving attention to this clown, jeez.
he’s a tech donald trump. constantly needs news good or bad to stay relevant.
there's nothing wrong with advocating against coal fueled bitcoin mining. tesla has a history of pushing their partners to use cleaner energy, it should not be a surprise that they take a position against coal btc.
just ban this guy from using twitter.
that's good for ~~bitcoin~~ the world
it makes sense. saying everything and its opposite in the space of a few months tarnishes your reputation. moreover, there is serious doubt about what elon musk did in may 2021. for many, including me, it was a (rather successful) attempt to manipulate the price of bitcoin to his advantage. we'll see in july 2021 when tesla releases its quarterly results if the company holds more btc than before.
if you make an article for a reputation going low, you are actually making said low reputation popular. don’t believe or pay attention to shits like this. that’s for the low brains
there is even a token on bsc with 15k plus followers as a protest against him
no heroes in bitcoin.
although i still route for telsa and spacex, i certainly do not give two shits about this guy now. i respected him for the vision he had within these organisations. unforuntately that is completely overshadowed by the absolute nonsense he spews on twitter. why on earth is he wasting his time doing this when things like telsa? maybe he is just a face there now and they are sick of his bullshit so he is tried to find somewhere else (in crypto) to suck him off. fuck off dick head
he lost it for me. won't take his word for sh**
good he is a quack who is trying to manipulate the market to make the wealthy even wealthier. we were better off without him and his uselessness in the market
wow, so much negativity in here… a bit sad…
ah yes, our toxic community of nerds shunning the one person who could have made crypto mainstream in the next few years. congratz guys you proved how smart you are!
the worst thing elon did was offer his opinion on damn near everything. that led people to dig for information which led many to learning who started the companies that he gets all of the credit for. if he’d just shut up then people would still think he is fucking tony stark but, he can’t help yearning for the attention which he claims to hate. on the bright side this is teaching people, again, that having high proficiency or success in one area does not mean that that will transfer into other areas.
elon’s pretty much the best rich guy to happen to the world in a very long time. he uses his money and time to further the human race. twitter is the playground of trump and his ilk so i’m not terribly impressed they don’t like him. 🤷🏼‍♂️ can’t please everybody.
i think elon underestimated the btc community. btc hodlers understand that no one person speaks for btc. btc has no marketing department, no legal team, no corporate government, and on and on. that's the beauty of it...it is just the epitome of a true sovereign store of value. it does not need the likes of a turd like elon.
oh no, the laser eyes crew now mean tweets elon in higher numbers and frequency.
aussie talk he’s a wanker
you guys pay too much attention to him. but at the same time, your community is full of shills and jerks. there is a pretentiousness with bitcoin that is lame. wasnt there when we mined it, wasnt there when we all wondered what it would do. it wasnt even there when people began to earn some really good money. but at some point the chip on the shoulder showed up and everything else is a shitcoin. lame.
i’m so tired of this fuckface.
so you’re saying when he’s not pumping bitcoin, his reputation goes down? wow!
tesla cool tho and spacex
has anyone seen proof that he indeed bought more than a billion's worth of btc? i mean why would someone spend ? and how is it possible that he was not aware of btc's energy consumption issues at the time of purchase?
did he attack bitcoin? is that the right description of what he did?
ahhh the long con!!
i cancelled a model 3 performance that was supposed to be delivered next month so add my thiscontentment to the stockpile
about time. fuck em that’s why!
dude is a total conman. anyone who has done any real research knows he’s a fraud
elons a fucking cuck
the crypto space doesn’t forget.:
he sounded like a spoiled, uneducated moron in his latest btc related tweets.
billionaires don’t give a shit
it’s high time people did their own research and high time for public figures to be responsible , if that’s how the accountability can be defined for them it’s perfect. it’s up to us the next time he tweets anything about btc or crypto just thiscard it and ask him for more explanation
unfollowed! no time for bullshit.
i feel like articles like this will only cause musk to triple down on his bullshit
oh no, not twitter
he is just a narcissist psychopath.
he is an idiot
sounds like a thiscount to purchase more musk stock. where can i buy?
elon is a used-up butthole that was never tight in the first place.
never liked this guy but now i actively root for his failure.
he got what he deserved! nothing more, nothing less!
we’ll see how btc moves next time he tweets about it
the out of touch twerp doesn’t realize how many people got wealthy on bitcoin and went out and bought tesla’s. way to insult your customer base 🤡
now's when everyone finds out he is just selling carbon credits and bullshit mostly and time to watch tsla tank. and his comments about energy are so hypocritical.
stil a fan but he is a real muskerfucker
true, here you can read when he did he buy billion dollar bitcoin [article elon musk ask his customer they can buy tesla this way](
if he made an initial tweet, saw the impact, and then stopped i'd have a lot more respect. but he has not. he continues to use his influence by making cryptic comments that cause a heavy reaction from all of his followers. and my guess is that 99% of them do not know much if anything about the crypto space, they just close their eyes and click buy or sell. he's lost a lot of respect from a lot of people because they can tell that he knows what he is doing and does it anyway.
why would he do that?
are we even surprised.
finally. the musk is tiresome.
why are we still talking about him?
never heard of him...
he’s playing chess. if you haven’t figured it out yet, you will soon
he did not do himself any favors. my next car is no longer a tesla. i'll probably still take his trip to mars though.
i was always thinking of getting a tesla when i get solar installed. but fuck this guy, never going to get tesla, so many other alternatives that deserve to be supported. fuck you musk, smug cunt.
aside from his legion of loud hardcore fans, no one likes him.
elon made a few mistakes, but i hope he comes to his senses.
elon needs bitcoin, bitcoin does not need elon.
i unfollowed the fucker.
it's silly for a person with 1.5 billion in bitcoin to criticize it...
i think musk is just as bad as all the rest of em. smoke and mirrors. seems as if others finally see it too lol
i hope elon learns from this.
haha, of course, so so many millions of butthurt musk fan boys ...excuse me, now they are wallet-hurt. btw, they were fine with btc going up thanks to musk just a month before this brilliant move by the bozo
not after attacking bitcoin, after being completely thisingenuous when a lot of people thought he was better than that.
devils work in place !!!! karma in place !! rocket him and blow up the rocket !!!
you guys are salty as fuck.
musk does not give a rats ass about pollution. wait until his used batteries start piling up and he has nothing but excuses to do anything about them. e. musk is a fraud. look at his other projects. i wouldn't go underground in that tunnel for all the money in vegas. it's a death trap. and his other crazy brain control thing? it's just about as silly an idea as living on mars. none of them are gonna happen.
elon musk is like john mcaffee without the scat
elon is actually cringe, he should stop seeking attention through cryptocurrency
elon is finally being himself, after digging a hole spreading misinformation about stocks. if he starts caring about reputation, he will get sucked into junk that could effectively doom everything he built. good luck elon!
one of the biggest narcissists on the planet. the sec will investigate. his tweets will be his downfall (ala trump).
buy a sizable position, announce you will take it as payment followed by talking it down and withdrawing the payment option but not divesting. if this is not questionable behavior i do not know what is.
it it is not he who dies with the most money wins it is he who dies owing the most money wins.
elon musk should stick to rockets. he should stop playing chess with cryptocurrencies
says the subreddit dedicated to that particular coin
f him,. narcissist poser
elon musk is a sophisticated vagina
hoarded 150 billion but "attacking bitcoin" will give him a bad rep? also in reality i do not think he cares that much sitting on those billions. people please find better people to idolize or even care about.
it’s low? time to buy the dip! where can i get my hands on some muskcoins?
elon is a market manipulator trying to screw everyone out of their money and people are done with it
he acted like people where retarded and didn’t even try to cover his manipulation and people where not impressed. rip elon...
keep em' coming elon. every twattish tweet erodes his credibility a little bit more each time. his financial status (who's money is it anyway?) sadly means that he is depriving a village of an idiot
yes, yeeees, let the hate flow through you. &nbsp; i'm about to buy this dip, baby! [\m/>.<\m/](
was it after attacking bitcoin or was it after the pump and dumps?
elon musk when posting and anti-bitcoin tweet: **you have alerted the horde**
he definitely made a decision
when did he have a reputation? 🤔🤔
it’s almost as if thinking a billionaire’s opinions matter is dumb as shit.
not sure where is he going with this prasie. i know for sure, his company's shareholders money is at stake here.
just a bunch of thistraction while the banks and big institutions buy up huge volumes of btc. i mostly ignore this stuff and dca into btc
elon is using twitter for his own gain, funny they dont see it
they didn’t say how big elon’s share of voice is. btc is bigger than elon
i cannot stand how a lot of articles are based on twitter these days.
elon the clown musk
any twitterphilic poster boy would always be bad for business. does a dog make a good baby sitter?
people who care what celebrities think about bitcoin elevate these morons themselves. 4142 people upvoting this are part of the problem. op is part of the problem. it is remarkable how many people buy bitcoin then hang on self proclaimed authority figures every word. why did they even buy bitcoin in the first place? mods should seriously consider straight up removing celebrity commentary to avoid the overwhelming amount of non-content these noobs are producing.
hes trying to reguate the markets , being used a pawn by the ccp to for them to try to get their digital yuan moving
elon, stay with solar, space, and electric cars.
elon musk is now evil elon
i cannot stand the garbage eco attack being parroted around.
we should talk about his lithium mines and him helping with a coup that overthrew a democratically elected leader...
cool info but he don’t care about twitter unless it makes him money which it already did to go to the mooon maybe even further!!!?
ya did not tesla profit off it more than he did off selling cars?
he had a reputation to begin with 🤔
musk should go all in on sats. pump them to a dollar.
not as low as finance.yahoo.com.
and now even more:
he ruined his image , he is shitty rich person as usual
when elon changes his mind and backs bitcoin i'm sure as hell apeing in with [ find me something i can trade faster on his words with!
"with great power comes great responsibility", i'm afraid that the greatest kidult in the modern history sometimes is forgetting about it.
this basically shows the pointlessness and hypocrisy of the energy argument. bitcoin is a higher more powerful argument than your fucking fake energy argument. and its showing.
hold the sats, ignore the twats.
once under the laughing gas influence i thought that elon is just a showman kind of cosplay on nicola tesla, unfortunately i did not converted back my crypto immediately
hey eloin musq, dont fuck with the crypto community ,you are not such powerfull.
makes me wonder if elon has his own mlm thing going on .
i was a believer but i now think he’s a fake. he uses the environment thing then pollutes out sky’s and planet. he’s full of his own self importance these days. it’s a shame he could do so much good instead of this stupid mars idea.
buy ford evs not teslas. support family owned businesses!
hey guys check out my new page at r thanks 🤝 guys and have a great day ahead ✌🏻
i do not like the guy either, but he is right. eventually people will get tired of trying to overturn the entire world to solve a trust problem that never existed, while burning coal to prove you paid 30 bucks at target by giving every human on earth a copy of your receipt. or eventually btc will by myspaced and people will realize there is no need for a currency to solve the problems btc is trying to solve, and that block chain has been a thing for ages and never landed a smash hit. btc is very easy to myspace conceptually. for example: btc verifies transactions by doing something objectively wasteful, it could do literally anything else to verify, like sequence dna or send ml, and you now have an objectively better btc.
bitcoin has loads of thisadvantages that the cultists refuse to acknowledge. ignoring it’s significant environmental impact, patterns of deflationary asset price drops, and ownership consolidated over a small handful of people doesn’t stop being a thing just because you bought a bunch of it.
i wonder why ey 🙈🙉
i'm sure he is just so broken up about it too lmao. elon does not give a fuck he is just playing his own little game to make money and manipulate people.
like the little boy who cried wolf too offen.
he isnt required to donate 1.5b to bitcoin at all. i think people are silly here
not everything is on sale.for money
either he warned us that a a bump is about to happen and all the chinna pulling stunt
fuck elon musk 2021
he’s abused his power by flip flopping, trying to be free to express his opinions while attached like a puppet to the whims of big investors.
he can suck a brick
until he was fucking with rockets, batteries, planets, tunnels, loops, it was all fine but don’t fuck with our money!!
does anyone know of a free or low cost service like awario?
why does it matter
he looked like a total cock on snl.
tesla will be a big miner offering "green bitcoin" but first they wanted to take out competition from china.
how the turn tables
his magical words have lost their power. that's ok with me
well deserved bipolar musk
elon is who sent bitcoin where it is now, both positively and negatively this year.
btc = banks took control...
governmenrs trying to fud bitcoin since the beginning and all of them failed always. how does he think he is to take this fight and win?
can't wait til he is pushing up daisies to be honest... or martian daisies (though i doubt it lol)... the guy is a clown and sycophantic to himself. his face makes me want to spew.
i thought this was the onion
the fox showed his feathers?! lmao
good fuck that twat maybe next we can go a howl week without seeing posts about him
he honestly did us a favor!
yeah, ok yahoo, attacking bitcoin is why everyone hates that fucker. not because of his covid petulance & killing his employees, or from calling actual heroes pedophiles...this is clearly the event that makes him a pos...
what a stupid title. he is not attacking bitcoin. he's making a good point though.
he’s shown himself to be another trump
crypto is a scam. sell everything and play the long game with something that’ll earn compound interest.
and so is his tesla stock price
reputation after abusing workers? great. shit talk spooky internet money? **real shit**
he is a moron, a cheap clown. what is really sad is that people sell because of this idiot's tweets.
more than the pedo stuff that happened sometime ago. i dont think the guy cares about his reputation(or whatever is left).
get this guy out of here omg
he has lost trust in entire crypto community, a lot more in bitcoin community because they worshipped papa and engraved ‘in retrospect blah blah shit’ in the block, and some even tattooed it on their dicks such that whenever mia khalifa plays , the quote makes full sense . should not have engraved in block, now the bad luck is in the dna 🧬 of chain.
it is a me, awario.
all time low? buy?
in my opinion he tweets such things for a reason. he want to create fud that the price of bitcoin goes down, because he will benefit from that. people that have enough money will do such things because they don’t get enough. 😔 he complains about bitcoin's hunger for electricity what about his space x program that is even more pollution to the world. just do not listen to musk but the most people listen and that’s why he is one of the manipulators that manipulate the bitcoin market. only my 2cents.
fuck elon musk! this bastard is a corporate welfare bum who has harmed btc with his baseless tweets. take away his carbon credits and other government subsidies and tesla is nothing! elon musk is a world class piece of shit!
hey bot, youtube metrics are awesome too 😀
just like john mcaffee in 2018… people hung on his words... then his words made no sense... it became clear he was just in it to shill shit coins... people stopped caring to listen to john mcafee... elon will get to that stage... unless he starts talking sense again...
i’m guessing next time he tweets something positive bitcoin will still go up again. it will certainly rise on speculation at the very least
i want him to spew more and more garbage so that people's instincts kick in and they subconsciously and consciously avoid any and all information and opinions flowing from this living incarnation of a sewer.
you wish. he will continue to have an impact for a while unfortunately.
she is a strong indipendent crypto who do not need no elon
but elon needs bitcoin :)
tell that to -$
the irony if satoshi turns out to be elon all along.
i mean, that’s fine but how do you feel about leverage traders? cause elon wouldn’t have been able to cause a chain reaction that ended up bringing the house down like that if there weren’t a ridiculous amount of leveraged longs at 100x.
i like johnny depps nickname, “mollusk”
i was 100% buying a tesla with bitcoin as soon as my current car gives out. now, i’m never buying a tesla, ever, and i dumped tesla’s stock. i’m sure there are others like me.
whats wrong with space karen?
a nickname i can get with, i second the motion. and so it was, and so it always has been.
hahahha i chose musky or liddleelon but this will be added to the lexicon.
i have a friend who works as a software engineer at tesla and apparently that’s what they call him behind his back
lol that is pretty funny
not very good to commit to hating anything. you only hurt yourself. also it is very bad to dehumanize any human no matter how much you do not like them. you getting upvotes is worrying.
you gotta be pretty dumb to hate elon, cause you own crypto and thisagree with him. cause of course you surely will know more about crypto than him ;)
awww did the whittle billionaire tweet mean things about your btc when wou bought in at the top of the pywamwid schweme
that’s very profound, u
spoiler alert! he was always the villain
> you either die a hero or you you ruin it by running your mouth on twitter revealing what a selfish, dumb, prick you actually are.
wow. that's deep man!
i think also the fact that he caused a lot of people to lose money. i know you should not invest more than you are okay losing but that is not us. there are people who gambled and lost a lot due to the fud he been spreading. i think it is deserved. i feel that he kind of learned his lesson. if he keeps doing this he will just be the man baby who cried wolf and btc will take off without a care for his ass.
yeah, he’s actually cringe and lame. people should stop giving attention to him
lol that sub’s picture! that’s elon from a timeline where paypal failed and he never got the money to get fake hair.
possibly the smart move to destroy fantasticism. he is cashing out his brand equity. maybe he can work without rock star levels of idiocy following him everywhere. seems to have overdone it though, i do not like him or even trust him anymore. edit: i trust him to serve himself and i do respect his play here but it seems overtly greedy
was he ever a hero though? his family’s background is really sketchy lol
and yet i feel like tesla (under his supervision) has significantly accelerated green transport initiatives throughout legacy companies. most car producers in the eu condemned electric cars some years ago because they endangered their own ancient technology, and yet here they are fully committed and forgetful about their own recent convictions because tesla proved it to work without excuses. spacex has resumed. i share no love for elon himself, but i feel like his vision does push forward humanity a bit more than it would without him.
i wouldnt go that far. i do not agree with a lot of his views on workers rights and whatnot, but things like starlink are great innovations that provide affordable internet to rural places that even the us government is not able to provide. boring company once it takes off can significantly alleviate traffic in urban areas. definitely wish the guy was less of an asshat, but to say that his business ventures that he initiated wont benefit the average person over the next couple decades just simply is not true.
musk does not build anything. he gives workers the scraps to do it for him.
in more indirect ways too. tesla is massively benefiting from us coup and other more subtle meddling attempts throughout south america for lithium. he most famously seemed to support the illegal and deadly coup in bolivia for that reason when he tweeted corresponding to the coup, and since deleted i believe, "we coup who we want". edit: the bolivian lithium reserves, like most in south america, are largely undeveloped. hence the coup to develop them, to gain access for western corps. the poster saying he is getting it from australia now, not bolivia, is clearly not aware of that...
100% nailed it. you summed it up perfectly.
where the fuck were y’all during the past few years he outed himself as a cringe piece of shit?
faith, as in he is a religious figure?
reddit is not much better...
you never know. why do billionaires write stupid stuff on twitter? to gain attention? why gain attention? because he feels empty inside? why does he feel empty inside? because he wants to be loved by many people. if the opposite happens and he is being hated, i am sure it would bother him. otherwise why waste time on twitter?
not if you can get there in time and blow him happy.
he probably is, actually, celebs seem to get a lot of their self-worth and confidence from twitter responses apparently
i'm with you on that one ... having financial success does not prove anything apart from proving that you can make alot of money. and having lots of money is over rated
they're mad because they think he betrayed them, while he was never really on their side to begin with.
many people are too ignorant of investing that is why they keep loosing especially during the dip
i agree with you, if people spent this much energy on productive things we’d be better off
you realize you don’t have to read everything that pops up on your feed right?
he never pumped btc in the first place what?? xd. he fomod in at 55k and it only went up to 63k after that. if anything he tanked it.
this sub is so stupid. anything positive is showered with praise and anything critical is rabidly attacked. this sub cannot be objective at all.
i for sure would not, he has a record of being a fraudster.
censor thissenting ideas, swell idea… 🤦
that's only for presidents that post mean tweets
no to be popular, people have to appreciate the person, which is the opposite of what's going on here. this article is just unbiased news about public sentiment. talking about someone does not inherently make them popular, just heavily mentioned. trump was the most talked about president in us history...also had the worst approval rating.
read his tweets. the price tanked right after he said bitcoin is bad on energy followed by tesla banning bitcoin for car orders. then immediately after china doubled down on bitcoin ban. cryptos price dropped 40% because of all that bullshit.
they have never made a profit selling cars
yeah! support the mexican families building your fords.
interesting take. btc already has "better" competitors but it is first mover and everything follows it. vhs vs betamax etc. the key is not replacing bitcoin it is driving more green energy sources. which it will and is. china will fall in line.
or you could choose to believe that celebrities tweeting are to blame.
what have you done?
these sweet sale prices are juicy.
came here only to see this comment 👏
this is top comment... i love it
i could dip into the 20s and bounce there for a while. i'm saving some for that possibility but all-in is always justifiable.
you guys have hitched your wagon to a lame horse. bravo.
how is lowering the price of btc in his interest when tesla holds a large amount? that spacex is more polluting is absolute nonsense, not even close.
just fyi, all space travel on earth today is like 10 000'th of airtravel's polution
yes he talks shit about it, sees it drop probably scoops up more then praises it and or mentions it in a positive light sells some after it rises and then rinse repeat. i mean it wouldn't be the first time he shit talked a crypto currency only to suddenly praise it days or weeks later. when you have something which is heavily dependent on peoples belief in it for its value and you have the media influence and cash to screw with the markets and no one is willing to stop him then ofc he will.
lol spacex definitely does not have a greater carbon burden than btc. also, doubt he is benefitting from assets that he is tied to trading lower.
if elon musk can truly harm bitcoin with a tweet then bitcoin deserves to be harmed. bitcoin is supposed to be anti-fragile, self correcting and impossible to compromise. being mad at musk is just attacking the symptom and leaving the thisease in place. but everytime a meme billionaire tweets or china bans bitcoin or india tries to get their banks to stop handling crypto it impacts bitcoin a little bit less. every time some whale tries to astro turf it has a little bit less of an effect. if you think you have to defend bitcoin online like it is some stupid fanboi battle then you are wrong. bitcoin will win with math not flame wars.
you mean the non american billionaire who's entire lithium battery based future depends on if the us military decides to invade a country to help his privately owned business?... naaaah...
what other subsidies? the carbon credits are paid by other auto manufacturers. so what other subsidies are they getting from the government? last to knew it was a low interest loan from back in ~2008 that was paid off years ago. hard to take that way.
>corporate welfare bum this is one of the best descriptions i ve heard about that idiot. he literately exists because we have capitalism for the poor and communism for the rich.
y'all were singing his praises when his tweets launched bitcoin above 50k though
>fuck elon musk! hey fuck you, buddy!
i think he is angling to be selling carbon credits to the btc miners. tesla is losing its biggest carbon credit car customer soon.
that's not true! elon musk is legendary. he his by far the most historic person of this generation. love to hate him, but hate to love him. he's pushing this world into the future.
at least he is not trying to[ruin the nighttime]( sky. oh wait yes he is.
just trying to manipulate crypto for own benefit
dude, mcaffee has been off the chain and delusionally psychotic since the 00's. i've been out of the loop, people were actually listening to this fucking guy in 2018?
except elon isn’t half the entertainment mcafee was. at least you could laugh at mcaffee and his psychotic outbreaks.
and now he is in jail in spain
maybe notron poisoned him with organic mercury or something, but did not use enough to do the job all the way.
when was elon musk ever talking sense?
elon musk is like john mcaffee minus the scat
when you say "talking sense again" what do you mean? when elon pumps btc all is well, but when he is speaking out against it then that is when his words become nonsensical?
i remember reading how batshit mcaffee was at least 13 years ago.
and then they realized the dude was just mentally ill...
yea. i think this shit smear will come back and look worse than his smoking weed with joe rogan fuckup in the scheme of things. i think this is the spot he loses credibility and superhero status.
when was elon ever talking sense?
>like john mcaffee in 2018… people hung on his words morons\*...? the last "advice" i heard from him was that you should rectal shelve bath salts--that was in a vice article in like 2012 lmao.
"elon will get to that stage, unless he starts shilling the coins i want him too"- this sub lmao you guys were totally ok with him manipulating thg e market when it benefited you, this is just your karma.
she going to doctor school in the evenings. she a good girl. she never did not do nothing to anybody.
he needed bitcoin to meet profit targets last quarter.
if elon can get credit for something, he takes credit, whether he was involved or not. it would never cross his mind in a million years to create something anonymously.
he’s not that smart
pls sire my noodle is already thoroughly backed
sorry, but there is a certain irony to supporting bitcoin as an alternative to the traditional systems but also wanting traditional systems to step in and fine people.
fined by whom and for what?
he wont unfortunatly as it is not a regulated market he did get fined by sec when spreading lies about production of tesla cars and manipulating that market
ford f-150 lightning truck it is. i was also considering a tesla. never again.
yeah... not following through with my cybertruck order when my number comes up.
that’s a fucking stupid reply. that’s one hell of a red herring ya got there.
add it to the lexelon
bold of you to assume that why he hates him.
you gotta be dumb as fuck, but think you’re smart, to like that fucking piece of shit.
thought it was u
and by virtue of supporting him, his fans must be naive. so he is just giving bad financial advice to a bunch of people that will take it and then he fucks then over. i have no resentment as a hodler but i feel compassion for all the people who got into investing because of him, got dumped and panicked. they still need to rethink their shit and everything but it is not very friendly of him to use his fan base so openly.
making electric cars marketable is a great thing, but it is also proof that individuals who want a lower carbon footprint are exhibiting more and more market control. it’s like how most restaurants have a vegan option now, whereas a decade ago if you wanted to eat at a restaurant but not contribute to one of the largest causes of emissions and the largest global cause of deforestation, they had to basically eat french fries *if* they weren’t seasoned with beef or whatever. these days it’s a totally different story. it would be easy for anyone to point to taco bell and say they basically made offering vegetarian, but taco bell didn’t invent vegans. tesla didn’t invent people who don’t want to spew emissions as they go from a to b. and if they hadn’t made electric vehicles that don’t *look* like electric vehicles, someone else would have. *and* all of this is before we even talk about how musk didn’t even found tesla, but merely purchased his “founder” title. so i don’t feel like this idea that tesla has changed the game is at all relevant to the question of musk’s supposed virtues, even if we fail to realize that electric vehicles were inevitable.
*the capitalist owns the means of production*
if the labor theory of value had any merit those workers should be able to freely outcompete him. this never happens. you're parroting the axiom of a failed ideology.
> tesla is massively benefiting from us coup and other more subtle meddling attempts throughout south america sounds like a successful american corporation!
yep he said he was kidding (and it was obvious if youre not one of those who take everything literally), and they don’t get lithium from there. the misinformation in this thread is alarming.
seriously. was him calling that rescue diver a pedo not enough of a wakeup call for everyone?
it's a little better
narcissists need narcissistic supply. they want to be loved and admired by the same people they despise. the lunatic destroyed his name, his reputation tarnished and credibility gone. his name as a great innovator gone to trash, nothing but a footnote in the history books. no amount of money can fix that. there were plenty of rich people that nobody cares to remember. people who think that this does not bother him and keeps him awake at night are deeply mistaken. he lost his drug, his narcissistic supply and he will lose whatever left of his mind next. it is well documented and absolutely predictable. "this central void is fueled by a lack of identity and sense of self which makes a person suffering from narcissism painfully dependent on others for self-definition, although (as we all know) they would run a million miles from admitting dependence. a narcissist’s sometimes perplexing behavior can be explained as an attempt to fill this central void with reflected glory. although grandiose narcissists appear socially successful and at least initially confident and friendly, they are still vulnerable to and dependent on external validation for their self-esteem. the reality of narcissism is a pendulum swinging between grandiosity and deflation, entitlement and vulnerability. both types are painfully dependent on social feedback for self-definition." losing popularity takes away his self-definition. in other words, he is losing his mind.
even if his appreciation is at an all time low, it will recover and there will always be a die hard elon fanbase.
elon is only ever on his own side, and what can benefit him. he likes the cult of personality that has formed around him, but that’s about it.
redditor for 4 days responding to redditor for 4 days. you bots are laughable
there’s a time and place... this article doesn’t belong in a bitcoin sub. sure elon bashed bitcoin and therefore someone wrote an article but really... this was such a waste of time hahah.
i have too, my microchip forces me to.
seriously...? who the fuck cares about twitter polling of positivity or negativity? this is news for a bitcoin sub? no, it’s not.
tsla bought at 44k and the news of the buy immediately sent btc up 20%. i wouldn't call it a fomo. it was a business tactic, tsla made money. this was not like retail jumping into a coin hoping it is not too late to make gains.
it worked well last year.
i have followed closely. did not come across as an attack to me.
you’re serious lol? they profited off their shares?
ah yes, the great first mover advantage that vhs had, allowing it to be pervasive and present in all our homes. i recorded seinfeld last night on me vhs and ama watch it tonight. can't miss a second of the new episodes.
aaahahahahaha ok mate, solid argument, i give up. elon musk is the best guy on the planet!!11!1one!
god damn, even 'its just business' russell okung is [fucking with elon](
it will hit 20k it is just a matter of when. but after that, it will lift off like never before.
because they have even more money to use to buy the bottom.
he's a fraud. look at his tunnel. really look at it. it has absolutely no safety outlets. no emergency venting. no fire fighting capabilities. it's a death trap. that's just one of his endeavors.
remember carbon and energy consumption are not the same thing. renewables are fairly common in btc mining, specifically solar and hydro. that said, sadly it should be more prevalent than it is. it's definitely still an outrageous energy demand for sure, but careful not to fall into the narrative of "crypto = co2 emissions carbon footprint burning the rainforest"
at heart i know you’re correct, but piling on the hate on that smug asshole just feels so good.
true. look at buffet and munger. theyre just starting to look like "get off my lawn" old guys yelling at the young people.
this while his antics do upset me, this was always going to happen be it him or someone else, and if btc cannot hang then it was not fit for purpose.
agreed, but he doesn’t manipulate only with tweets to his 54m followers. for better or worse, he is invested heavily in the very things he tweets about. he could sell high, tweet something doom and gloom, and buy back low by the billions, effectively manipulating the market as one of the wealthiest people in the world.
he has insider trading info that he knew about and used to toy with the market. it has nothing to do with him as individual but more so he is just another corrupt official.
by your genius logic: if you can be hurt by a bullet in the chest, than you deserve to be hurt with a bullet in the chest. sense no make you.
bitcoin will never be harm by musks tweets. idiots who listen to that clown's tweets hurting bitcoin.
you think a tweet can bring it down to 25,000 or is this a straight bull run from here nothing can stop it? any thoughts
why the fuck do bitcoin maxis let this fucking douchebag dictate whether or not they buy or sell?
you want i should bust some heads?
yea. people were taken in by mcafee... even when he was open about shilling any shitcoin for 100k per tweet... madness. every bull run will have some ego pulling the strings of the new guys... not good... but a pattern is emerging...
it was a mixed message. on the one hand he said bitcoin would hit 500k which people loved, but he said if it did not he would eat his own dick, and he has not delivered on that weird internet promise. a google tells me that it is now referred to as the "dickening" [
are you new here? people have been following psychotic social media divas for the past 5-6 years
yes because he was a mildly entertaining tweeter and his occasional videos creating a new drink got popular. made people forget who he was.
bro people listen to donald trump and roger stone ofc they gonna listen to mcaffee lol. he knows how the computers work!
people really wanted to believe ,000,000 was possible in 2020 or whatever he said or, alternatively, we’d see him eat his own dick. it was pathetic.
find: "mcaffee" with "musk"
mcafee has a lot of great things to say about life and business that he gained from a lifetime of experience but as with other greedy people, he used his cult and took advantage of the gullible. we need to separate the person from his ideas and evaluate his ideas. hitler loved animals, but even though we may hate the guy, we should not hate the animals just because he loved them.
really ? not surprised but still...
and the f\*cker still tweets from prison :) look at this sh\*t:
never, he’s actually cringe and lame. he do things for attention
ya elon never makes sense. dumb guy with dumb ideas
he’s a clever guy... and i personally think a lot of this is about finding a new buyer for his carbon credits… when all manufactures are make their own ev. being a -bod to sell them to btc miners could be profitable., for tax breaks for miners...
and the penis eating on live television
i mean he switched so many times so people stopped taking him seriously. if a guy buys millions of bitcoin just to come out a little later to say it is bad and you cant pay anymore with it, it is just market manipulation. also meanwhile he shoots fucking rockets into space, it really does not make sense.
yep... you got it… no... i’m mean when he’s making fun of michael saylor’s name... and posting odd pics... he went a bit odd for a while...
elon musk was never talking sense. he just want attention
it’s well documented... amazing how long he got away with it for...
i agree for now… he’s lost a lot of trust in the community. but... a few solar mining farms later... and he may well be back in favour... these situations change rapidly... he’s still been a dick though... one of the richest men in the world toying with peoples. finances in a pandemic... dick move...
there was a tuesday… in march sometime... about 3pm ish… no... i’m only joking..., i have no actual idea...
capitalism has just brought everything down to a quarterly perspective. nothing beyond that horizon matters in that context.
if that’s true, is he gonna miss profit targets now that your “strong, independent” crypto has tumbled way down to a 4 month low?
interesting. so what happens with the valuation this quarter? considering each coin tesla purchased lost ?
tesla existed before him; sure he has made changes but it was started by others
and he would have taken the credit if he could. he can take credits of others
if you have amassed a billion dollar fortune. you are pretty smart. dumb people can be millionaires, but it takes the right one to become a billy goat.
i think he is going to pay for it by ruining his reputation anyways. many of his fans, me include, have seen what he did and are going to take whatever he says with a healthy dose of salt. and yeah, no regulation required. people should learn by burning their fingers.
this right here! i'm stealing this! this is great! massively underrated comment!
correct, but he is manipulating the tesla stock price by manipulating the bitcoin price so he is really balancing a thin line legally. my guess is that we can find out a lot by checking musks reward program with tesla which is firmly connected to the tesla stock price at different dates.
bruh... it was literally about taking tesla private at . what are you talking about? in bitcoin, as a community we should all accept a fucking meme at face value. am i wrong or do you have a source for this?
maybe if you knew what a red herring was... loooooool
what the fuck is your problem
well, it is not.
of course i cannot deny your points, and agree with them. i think part of the reason why i still feel that it "works" to add elon's face to the marketing is that a large part of the world is simply susceptible to such aggressive marketing. it might even have been the case that people who were on the edge between going green or not were persuaded because of a musk-like marketing figure, after which they themselves persuaded their family or friends. then things move quickly and we no longer need that specific marketing face. they only served as an accelerator. :)
when all the systems are build to favor the wealthy, it's hard to compete.
how’s that leather taste bootlicker?
this subreddit is turning into a place that spreads fud about anything that’s not btc… i guess when you become big enough, the crazies show up and idiots believe them.
dude the reserves are undeveloped. he cannot get it from there yet. do you think supply chains are constant? do you think a rapidly growing company is not looking into future sources? there a chance there was sarcasm in there (a western corp ceo joking about a coup in south america hilarious btw (i think he needed one of these)) but you clearly are an uniformed musk lover i triggered...
even him inserting himself into that situation in the first place should have been enough. also the very fact that he thought a sub was the solution should destroy any illusions of his intelligence
this was the wakeup call for me. i'm just being rational... you cannot know if a random person on twitter is a pedo. and if you do not know, is it reasonable to make the accusation when you have millions of mindless followers? the guy is just a bad character.
defined "worked"... because the world is not "working" right now in fact its falling into more chaos and war.
everytime tesla runs out of money they just announce some new scheme. like one million robo taxis. then the stock goes up. the stock is the product when it comes to tesla. it's a "lifestyle not a company" as the indian govt said once.
tesla's profits have come from selling ev credits and, most recently, about 100 million from selling some of their bitcoin.
meh i'm waiting for it to come out on the better format, laser thisc.
not the best…but these guys…i enjoy watching some of them… i admire balls with a good helping of crazy…
furthermore their future rockets run on methane which can and hopefully will be synthetically produced from renewable energies. carbon neutral space flight!
well, we'll see if they do that in next quarterly report. i doubt it.
i'm here to tell you that you can believe in bitcoin's ability to move forward with or without musk's tweets and still think he is a shitty person using his influence for greed at the expense of the little guys.
loved that movie. and i’m 31
exactly. bitcoin was built as a tool to protect our money from politics and banks. if it cannot do that without us actively protecting it then it is a bad tool.
if bitcoin can be manipulated like this it deserves to be manipulated. the only way to stop manipulation is for the ecosystem to mature. the only other recourse is to have financial regulation and that is both not something we want and incredibly hard to do on a global basis on a decentralized system.
insider information on what? bitcoin? bitcoin is not a company or entity with an "inside". corrupt official? do you think musk takes bribes? or represent a government entity? i mean sure the dude can be a complete immoral ass but i fail to see where he is corrupt. your statement reads as angry word soup.
no that is your flawed understanding of my logic. bitcoin is a system of rational self interest. it's made with the assumption that every participant is a selfish bastard. if bitcoin is damaged by someone being a selfish bastard then the basic system is flawed. to use your analogy: if i build a bulletproof vest that is supposed to protect me from a bullet in the chest and a bullet in the chest kills me through the vest then the vest is not a bulletproof vest and should not be sold or used as one.
clowns like to thisplay humor.
predicting the bitcoin price is impossible and if i had any special insight (which i do not) then i would keep my mouth shut and spend my days browsing reddit on my super-yacht. i believe in the long term growth of bitcoin. short term is anyone's guess.
have read about mcaffee down in costa rica back in the day? it's quite the wild ride to sort through. (nothing to do with bitcoin btw, i think bitcoin is fine, i was just surprised this guy had somehow gained an audience again.)
lmao i remember his "coin of the day is..." posts, which were observed by bots which immediately bought the announced coins due to the pumps that happen when he announced it. one day someone hacked his account and made use of those bots and spammed several of those messages for coins they bought, pumping their prices massively in a few minutes
no no no. in that shitcoin era any celebrity could do the chill work. no knowledge nor expertise required, like all the “white papers” ico’s itself. only requirement for the poster boys and girls: drawing attention...
this is after the whole drug fueled murder binge. what the hell guys.
eh, not really at all. think whatever you want about musk, but he is no mcafee.
what ideas does he have? and which does he actually carry out?
he's a clever guy, indeed, because he let people buy cars with btc then "oops! i just found out btc uses energy!" and stops it. he's fleecing retail investors because he is not a good guy.
yes. an he convinces crusty dinoaaur kevin o'leary who thinks the 'd' in defi is for 'digital' that the only thing institutions ever want is a wrapped bitcoin. wrapped with elon poocoin carbon-boss wrapper swearing to its "greenness". i do not think they would get a tax break for buying carbon credits but even if they did, who wants to spend a million to save 400k in taxes? tax writeoff aint all that great. just a little lube before being a** f***** in the middle of a busy street by taxman.
sure he is clearly clever. but that was not the question. it was - 'when was he ever talking sense?'
i'm not up to date on his opinions, but i know companies as well as individuals are pumping&dumping crypto. they purchase the btc for far less than individuals do (since they buy bulk and in cash), then go onto social media promoting crypto (or let the media report on their acquisition) then dump it. these are classic pump and dump schemes, and it is sad that the lowest common denominator (currently low income citizens "investing" their stimulus checks) are left holding the bag.
talk good: sell the top talk bad: buy the dip repeat ' easy way to make a lot of money. with his big sack of money even a small dip or rise is a lot.
but typically people manipulate in their favor...
his "tests" shown more liquidity than his tweets did lol
i think that’s one huge use case for companies. tax planning and artificial yearly growth.
welp... tesla doesn’t have to show any losses if they don’t sell at a lower price. and on top of that they’re still in the green, they bought in somewhere around 33k. as for the coins they do have on the balance sheet, they cant mark them up even if the prices go to the moon. as far as tesla is concerned, they don’t care if the prices don’t fall below their purchase prices. because they don’t have to write off impairment losses. literally zero negative impact in their net income. now… let’s put the previous quarter in perspective. they had , . do the math…
tesla is probably still sitting at a profit in their btc investment. also, unrealized gains or losses wont impact net income since it wasn’t trading securities.
he sold a big amount. took profits and covered investment. he will probably buy the dip
who will believe that he is satoshi? the chances are near zero.
don't go too far with it. being high and chilthish is high and chilthish.
this is what it took for you to realize you should not be a fan of elon?
while i do like crypto, since first hearing about it in 2013, i've always had this sneaking suspicion we'll just end up reinventing the system we already have. most (non-libertarian) people want savings rates, refund protections, loans, laws and regulations.
i should be trivial to compete if labor is the only valuable input to a business venture. just get some workers (do not need engineers, managers, scientists, accountants, and so on), give them some sticks and twigs and shit, and i'm sure they will be making rockets in no time.
i'm a bootlicker because i do not want to be enslaved by a failed ideology that executed gay people, killed 100 million, and turned entire countries into slave farms where those **not** licking the boot were executed or sent to gulag? instead of fucking up our awesome system that works why do not you just move to north korea? you get what you want (slavery and death), we get what we want (continued freedom and prosperity)? it's a win-win, vlad.
wrong. he cannot use lithium yet because the reserves are not developed yet. that would be obvious if he knew anything about the situation. this guy is a triggered uninformed musk fanboy.
sorry i left out in my opinion.
well yeah, that was the entire point. working as intended.
i put my life savings into vhs tokens that i can redeem in the future for ... well, actually not very much yet, but hopefully something soon, it better not be phased out for something that is made better with ease! i know the value of my vhs tokens are entirely reliant on what the public thinks they are worth, but i do not need a government to guarantee any of this value because vhs is here to stay baby and all money is imaginary anyways, some is just more imaginary than others.
severely underrated comment right here.
let's not talk about lithium batteries used in their cars. or the mining process for that... but yeah... rockets and stuff.
sometimes is to make others poorer. you do not know that study? if you do not, i'll include a link if you ask nicely
these things are only on your expense if you panic sell and if these things make you panic then you absolutely should not invest or hold high risk commodities. bitcoin does not owe anything to fomo papper hands either.
reputation and speculation will affect anything that is not materially necessary, and sometimes even then. no amount of technology is going to "fix" that.
maybe it’s a matter of degree rather than absolute protection from politics and fi’s. that will be difficult or maybe impossible to achieve. also newer crypto’s like stablecoins might do better for the time being if short term store of value is the intention.
perhaps it was built that way, but if investment were still motivated by the libertarian wet dream, bitcoin would wallow in mediocrity. thankfully, it is on the cusp of becoming "just" another worldwide currency. concerns over whether it prevails above all fiat and relieves us of authoritarian shackles are unconstructive at best. bitcoin must interoperate with centralized economies, and it cannot do that without central regulation and banks. believe it or enjoy your ride 'round the carousel on the libertaritard unicorn.
my apologies. you taught me. i didn’t realize that because something has the potential for x, then it should be x-ed... because it proves it’s flawed. riggghhhhhhht... in your absolutist mind. isn’t there a qdrop with your name on it?
i believe in the same thing but i’m thinking of buying more just wanna do it at a great time which is now but maybe it has room to fall more but i bet that yacht is not too far away in the future
the netflix documentary is pretty old now... but quite fascinating... worth a watch... he denies a lot of the darker things obviously... he is certainly a different kind of tech pioneer... and somehow keeps coming back… so i wouldn’t count him out yet.
there was a documentary about all his shenanigans down there. some pretty fucked up stuff. anybody that takes financial advice from someone who is mentally unstable must be mentally unstable themselves. i think elon musk is also a bit unstable. just look at how chilthish and petty some of his tweets are. he’s clearly a narcissist. he takes personal credit for everything his companies do. am i really expected to believe that he designed all of space x’s products single handedly, with no background in design or engineering? because that is the narrative he promotes. it’s pretty ridiculous if you think about it. all of those highly innovative products will come from a team of highly skilled and experienced individuals, all from different thisciplines working together. i would like to see him give those guys the credit they deserve and stop trying to portray himself as the real life tony stark. iron man is a movie not real life.
how incredible was that hammock poo story?
was it cr or belize?
i mean he is really level headed and smart
crazy times… and now we have crazy tik tok spillers... that call themselves analysis’s …
i remember it all… when white papers. could just be copy and paste jobs., and get the cash...lol
he denies it all... but... it’s pretty damning ...
damn i remember it was for tax fraud not murder wth
talking about buying and pushing tesla seems like it has worked out okay
if you bought a tesla with btc while possible, during the ath and bought back your coins now you got the car almost 50% off. petty good deal for retail investors
a valid point... sometimes… his social media is like split personality... sometimes he make sensible points... but then when ‘mad musk’ takes over... it’s out of control. and i think a lot of his tweets are just very self serving... and some people don’t get that...
i mean, are you referring to just social media tweets or everything the guy talks about ever, in meetings and on innovation etc ?
sorry, who doesn’t buy in cash? unless you mean leverage? then i get it.
not really. i was wary of him since he tweeted about tesla's stock being overpriced.
defi can (and will) achieve all of this
guess what, engineers, managers, scientists, accountants, and so on are workers too.
capitalism has given us a relative heaven on earth, but people are so far removed from the realities of how awful life can be (at least here in the us) that they have become complacent doomsday concern trolls. the eradication of polio has made people forget how important vaccines are, and the comfortable life afforded by capitalism has made people forget how, for most of human history, life really was pure dogshit. i grew up here as a minority with little money and the opportunities available to even me are enabling me to build the life of my dreams. speaking to a filipino friend who immigrated here they constantly told me they wish their country had the same opportunities for education (financing it, student loans). even with my shitty student health insurance i have access to healthcare at any of the modern urgent cares near me (at least 10) as well as a million other benefits that i get just by virtue of having been born here. complacent people will always complain and blame their personal failures on the “system” because that’s more comfortable than forging your own path. there are so many support systems here for people who are willing to put a little effort in (my friend avoided going to community college even though special grants would have made it so they got *paid* to do so (even after covering tuition) but they couldn’t be bothered even though they are working a dead end job.
boots must not taste too good...
oh my god dude stop parroting cia and us government propaganda. you’re brainwashed. 100 million? did you know that number includes dead nazis as “victims of communism” simply because the red army killed them? that number has been thoroughly debunked as false. “awesome system”? the same “awesome” system that gave us 1930s depression and the dust bowl, failed wars in vietnam, iraq, and afghanistan, the largest prison population on earth, slavery, genocide, systemic racism, police brutality, countless coups in foreign lands that prop up right wing dictatorships, the opioid epidemic, the financial crisis and great recession, widespread civilian surveillance? that awesome system?
yet they just bought the rights to mine lithium here in the us in new mexico. so you’re saying that was all just a show, and they’ll just secretly import lithium from this undeveloped mine in south america?
you are just butthurt because he talked shit about btc, i bet you were ready to lick his asshole when he pumped it. you people are such simps
reddit is pretty much fucking garbage, used to have , . i got banned from politics for saying *i like chick-fil-a chicken sandwiches*. __permanent ban first offense__ what kind've fucking platform does that *this place is a dumpster fire*.
if you were an investor in vhs when it was out and not banked on new technology that would thisplace it, you'd be happy today. first mover advantage cannot be thiscounted. bitcoin has 1.5 trlllion dollars in market cap. it's not going away lol why would you want a government involved in guaranteeing value in a crypto currency? the idea is you cannot just print more and you do not need to trust the fed or anyone else. if something better comes along, we will move to that. so far there are 1500 altcoins yet for some reason bitcoin remains on top. weird 😉
downvoted for supporting the comment! is there any honor among thieves!?!?!
i'm outta touch you're out of time time but i'm out of my head when you're not around
op mentioned spacex, that is why i talked about it. what's wrong with lithium? it's mining does a lot less damage than oil drilling which it replaces and that also just for the foreseeable future, after that it is not even needed on a large scale.
people do not automatically have paper hands just because they sell before you personally think they should. if i had 'd be selling some of that for sure. and unfortunately it would be at an amount lower than it would have been if it weren't for elon manipulating the market. it affects everyone who's ready to sell, panic sellers and those who are just ready to take some profits. it's part of an unregulated market so it is to be expected, but that does not magically make it good behaviour that everyone should tolerate. legally, you can be an asshole.
at some point it can get large enough that single wealthy people cannot noticeably move the price. there will of course always be speculation but there are many financial instruments that are a lot more stable than bitcoin and there really is not anything stopping bitcoin from eventually catching up.
you cannot regulate bitcoin. you can only regulate bitcoin users and only those that happen to live in your political sphere. and even so it is still very possible to use bitcoin via anonymizers and even via satellite. bitcoin can and has been made to work with the prevailing economic systems but that does not mean that those in control of these systems can control bitcoin.
one of bitcoins stated goals is anti-fragility. another is decentralization. bitcoin does not have the potential to withstand attacks it was built specifically to withstand attacks. if one powerful man can have profound effect on bitcoin then it is neither anti-fragile nor decentralized. but since i do of course understand that goals and reality is not the same thing i can only hope that over time bitcoin will become better at weathering these kinds of attacks. i mean "china bans bitcoin" does not have even close to the same effect anymore so there is hope.
> and somehow keeps coming back… he is tech herpes. he is... t'erpes.
i mean it wouldn't cost much to get someone to call him a shit eater lol, i choose to believe half of nothing and none of everything
oh, i did not ever catch that was made. i remember reading about it on twoplustwo way back when. cheers.
guy is in a spanish prison eating rotten food, waiting to get extradited to the us. he’s nearing 80, what do you mean my guy?
dude check out common sense skeptic’s debunking musk videos on youtube. the guy is a dumpster fire.
tony stark has a conscience too
so basically it’s still the wild west and we are early.
he was on the run for tax evasion and then became a person of interest in a murder. i saw a documentary and he did that shit. i always assumed he was in prison for life until i heard about the crypto scam
not my point. however, later this year and in 5 years ask me again when their btc hits
just saying be realistic.
you've got a fucked up version of homebrew socialism if you think management are workers. but sure: you can have them. and they have sticks and twigs and no starting capital. let's see those rockets!
you must have me confused with a socialist.
>oh my god dude stop parroting cia and us government propaganda. it is not propaganda that all the attempts at socialism turned into horrific meatgrinders of humanity. >100 million? did you know that number includes dead nazis as “victims of communism”? that number has been thoroughly debunked as false. some socialist saying "deboooonked" does not debunk something. >“awesome system”? the same “awesome” system that gave us 1930s depression and the dust bowl, failed wars in vietnamese, iraq, and afghanistan, the largest prison population on earth, slavery, genocide, systemic racism, police brutality, countless coups in foreign lands that prop up right wing dictatorships, widespread civilian surveillance? that awesome system? yes, that awesome system. because the alternative was your buddies like the khmer rouge, the kims, mao, stalin, the castros, and so on. and half of the shit on that list is either long gone or not exclusive to the west. i reiterate: if you do not want to experience our horrible economic depressions, our prisons, our slavery, our genocide, our police brutality, and so on, move to north korea. you might get to see a pregnant woman vivisected and forced to watch her unborn child bashed to death against a tree while she bleeds out, all because her thistant cousin made a joke about dear leader. that would be so much better than living in a country that abolished slavery 155 years ago when everyone else did.
who is brainwashed? you with far left utopian ideals that have no grounding in reality that will magically cure racism, police brutality, and wars. or the guy defending a system that brought the most prosperity and technological breakthroughs humanity has ever experienced?
there's no infrastructure to import from bolivia in mass currently. we are just talking about their lithium reserves, and their potential capacity. i'm confused. are you under the impression that bolivia is a big producer? they cannot buy the rights to mine in bolivia. hence the need for a coup...
nah. i'm just not a fan of more people dying in latin america due to us corporate interest. and i'm a fan of democracies. i'd happily burn all my crypto if it meant peace and prosperity for everyone, not just in developed countries.
1) who does not like chicken fila sandwiches and 2) you got banned from where exactly? reddit? cause that is bonkers...
wait what? how did my comment get down voted for throwing a little respect on a comment that was well received?
lithium batteries depend heavily on cobalt, the majority of the world’s supply is mined in the drc often in unregulated mines using child labor. kids dying in the mines and children as young as 7 forced into labor is the problematic mining process the previous poster was likely referring to.
dude, who honestly gives a fuck? we’re all dead three times over by that point.
wasnt bc mich lower before elon tweeted.5 b worth of bc?
those points are to the letter straw men. if anything, institutions can regulate btc users to a *lesser* extent than they can infrastructure, particularly exchanges. without regulated exchanges, there is no big institutional money flowing to btc, and without institutional money, there is no meaningful btc value proposition. enjoy the ride.
t’erpes... that deserves an upvote...lol
i have brand new hair piece
yeh i’ve seen some the las vegas tunnel one really made me laugh and i think it sums him up completely. the solarcity purchase by tesla was straight up fraud.
yep... the wild wild west... wicky wicky wild wild wild west...
he is on the run because he told the irs flat out & publicly that he will not pay taxes in american despite being an american citizen. you know "they" cannot let him get away with that :) - they will make an example out of him. it's over for mcafee. he pissed off the wrong gang!
ask you what again? i did say buy back the btc you spent on the car now at the dip.
i bought a (elektron octatrack mki) for 1 btc around 2013. i do not regret it. i wouldn't have had the money otherwise and it has been used as my centerpiece of my music studio ever since. some people might be in the same position with a car, and there are a lot of people out there that do dream of driving a tesla yet can never see a way to afford it.
seems kind of odd to take issue with the part he’s clearly done well with lol
it depends on the type of manager. someone who just stands around and orders people around while contributing nothing? pretty useless. someone who organizes and helps communication between different areas and other tasks that are required to run well? worthwhile. i personally think capitalism has potential but not the unfettered hellscape our society is cultivating.
no, but why would they even care about bolivia when they have rights to mine their own, and building infrastructure to export that lithium would cost more than getting it from good sources? that infrastructure would cost money, raising the price to where it’s not useful. you may hate him, but he’s far from an idiot. (and getting lithium from bolivia is idiotic)
from it's apparently gay pride month so i'm not allowed to enjoy chick-fil-a chicken sandwiches this website is for zealots & has zero impartiality in it is system
da code is more guidelines than rules..." pirates of the caribbean
stop progress, return to monke?
sorry i'm not sure what you're getting at?
>elektron octatrack mki that's a nice piece of equipment that i'm sure you could use to advance your business). a tesla is a vehicle with 4 wheels and 4 seats. i'd have a hard time seeing people who have an absolute need for one (for business or otherwise) when there is so many other options out there; even for those that are more environmentally conscious than musk. currently i personally do not see a car worth . i mean it is worth half when you drive it off the lot so i'm not sure those people that felt it absolutely necessary to spend that kind of money: they just wanted to.
rich guy does rich stuff. not very impressive
you assumed he was a pedophile off the strength of a insulting tweet. i was surprised when i read it, and it turns out he was doing pills to stave off sleep, so it all adds up.
>i personally think capitalism has potential that's pretty evident no matter what you think. >but not the unfettered hellscape our society is cultivating. yes, it is a literal hell on earth. we'd be much better if the kims were leading us.
>why would they even care about bolivia when they have rights to mine their own, and building infrastructure to export that lithium would cost more than getting it from good sources? economies of scale are in bolivia's favor. bolivia is estimated to have the biggest reserves in the world according to the us geological survey. it would be like asking why would someone be interested in middle eastern oil supplies, b. and similarly our oil is way more expensive to pump. being local does not mean it is cheaper. >and getting lithium from bolivia is idiotic you think it is idiotic to utilize the biggest lithium supply in the world? one of the most important minerals for future tech? i think you'd understand why many in related industries would argue the opposite.
i think gay people enjoy chick-fil-a sandwiches too, you've changed my mind...reddit and twitter both suck!
i care about the people who come after too! we don’t need space. we need earth. ya know, the place where the majority of the species will realistically live on for the next thousand of years, at the least.
sorry, thought i answered on another comment.
to each their own. i have a model 3 but i did not use any btc on it (directly or indirectly). i still am hodl'ing from 2013. but music gear is a bit more romantic for me. for other people a car is. although, i fucking love this car, it is still different. the octatrack is aging and need encoders cleaned or replaced. the mkii version has better hardware. but there is no reason i cannot fix up those few things and keep using it. same for a car. if tesla keeps offering mcu upgrades for the nav , then in theory i can keep this car going for decades, much like my music gear. it depends on your end goal. if you trade out cars every few years. yeah do not buy one for btc. if you want to keep one as a collectable or just get one good car and keep it running for as long as possible, well i wouldn't stop them.
even if that was true i doubt he would care at all mines are being constructed right now at a stupidly alarming rate all around the world many in the usa too, it would be alot smarter to have your supply closer to your factories look at thacker pass for example
rcorrection: it’s in nevada, not nm. so in the same state as their existing factory. no, i think it’s idiotic to pay for those supplies, because lithium is one of the most common elements in the ground. they claim that just that 10,000 acre patch they bought will supply decades worth of lithium at their predicted scale. no one really needs to use ‘the greatest reserves” because it’s not rare enough to justify the cost. we can basically get it anywhere. the ocean floor has the most oil, but we barely touch it because it has such a high cost to get to it. we still do in some places, but only when there isn’t anywhere else for a country to get it. just like why you wouldn’t launch a rocket off of a mountain. even though you’d save 10,000s in fuel, it’s too much effort to be effective.
bitches in the future
"bitches, i'm the future" - bitcoin
just reminded me of “naggers” - people who annoy you
tbf this was my first guess as well
why is the category people? i thought the same thing (no thisrespect) wait is this fake? edit: haha thanks guys for making look like an idiot. i’ll keep my post here so i can look back in shame. funny clip though! hodl!
don’t care if it’s fake. laughed out loud over my morning coffee. thank you meme lord
why is not the 2nd i of bitcoin not visible... i call fake
that's what bitcoin will get you. he was not too far off...
it’s neither bitcoin or bitches, people. we have i’s and e’s on the board already.
[people who annoy you](
original video is of him guessing a group of pill pushers lol
why isn’t the ‘i’ in coin visible prior to solving the puzzle? is this fake?
excited for the market to regain stability! 🚀🚀
why did not the other "i" in coin show up in the board?
wtf... the i is already on board...
bitcoins is the future, bitchez
"bitcoin in the present, bitches in the future." -confucius
why is the i missing from coin?
he am not lying though...
the guy is not wrong tho. if bitcoin is the future, we all have bitches in the future
investing everything i have in bitc\*\*\* in the future!!!
damn this is so good
“bitch, i’m the future”
bitcoin is the future === bitches in the future
pretty good editing 😲
wait got it! i feel dumb while laughing right now!
in italy we had something similar happening. the subject was “the amazons”. while the answer was “they won battles thanks to their heat” (heat=foga), the legend didn’t care about the prize and said ‘figa’ instead of ‘foga’. figa means pussy.
bitches is the future
didn't know bitcoin was a thing in the 70's...
ive been in this bitcoin sub for a minute now and all i saw was bitches in the future too.
this is basically the real life version of south park. 😂
that’s actually from the time the contestant guessed “a group of pill-pushers”. classic funny moment.
bitches is people though
is this an edited video? the "i" in "in" is showing but not in "bitcoin"...
*okay mr.marsh, the phrase is "people who annoy you"* [n](
same same. get bitcoin get bitches.
well they were both kinda right
i was already played... people is the clue...
if you're here, it means that you already know bitcoin is the future.
how is the category "people" ? wouldn't that be technology or something?
i in co”i”n not there?
but we love bitches
why was the second i in bitcoin not thisplayed?
how old is that video?
bitcorn is the future
what an idiot... it is "bitches is the future".
technically he is not wrong tho... is he?
when you have bitcoin and know your going to have a lot of bitches in the future 😂
as wrong as he is, he’s not wrong.
too bad why he did not have any idea about bitcoin, i wish he would not be late also when it comes to nft. most hollywood stars are now aping nft especially hodooi.
i mean you can’t really blame him
it's the future bitches!
if your not in btc your a bitch basically lol bitch or bitcoin you choose 🤑
category: people who annoy you n * ggers pat, i’d like to solve the puzzle but i don’t think i should.
the success of bitcoin is inevitable. it is only a matter of time. the world is divided into two categories: those who have already figured it out, and those who needlessly resist a revolution that cannot be stopped. those who are in the first category will be among those who will logically benefit the most.
i have no recollection of ever being on that show, but obviously i did go!
"there he goes. homeboy fucked a martian once."
why can i not hear the sound in vids posted in reddit? help! (android device)
bitches in the waldorf
"a pack of pill pushers"
in italy has become legend a guy that says "figa" instead of "fuga" on the national tv in a similar game. "figa" in italian is pussy and escape is "fuga"
mark cuban is garbage. i hope he catches herpes.
looks like it says bish betta have my money 💰
sounded like mr. rodgers
that’s...lewd, lascivious. salacious,, outrageous !
that was a real nagger guy moment
haha i remember this one, he actually says "a group of pillpushers". forget what the real answer was.
haha that’s funny!! 😂🤣
how is that "people"?
this is like that one south park episode
bitcoin is a currency now! i would love to see it officially recognized in texas too.
be smart, do not be a retard
if anyone understand digital assets and stored value...they get it. many are also not looking at the next level.
have you heard any word on shibu inc?
isn’t this dubbed over? there’s no way it said bitcoin is the future look how young pat looks
how is that people ? they did that to him that’s a phrase
i knew there were no bears a week ago, maybe more but mods got me. i tried hard as i could to get the word out to you beautiful hodlers. hodl!!
all the people who are not familiar with bitcoin:
as long as bitches exist so will bitcoin.
looks like he is 'having fun, staying poor'
first you get the bitcoin, then you get the power, then you get the bitches!
bitches in the future: fine family entertainment. must see!!!
you did not even make this and it is not even funny beyond being novel.
i would watch that movie
back to the bitches
bitches be buying bitcoin in the future
just need some bitcoin in the present and they will all come a knockin.
true and right answer
he needs to get laid lol
h was already said what a dumbass
"you'll all be my bitches in the future." -hodler
not really, no. bitcoin is a passing fancy, and would not be anything more as long as it is value does not depend on anything real.
i know it but i don’t know if i should say it...
this episode is one of my favorites lol
the writers behind that had to know what they were doing
still think it was right and they betrayed him
yes, it is fake, the ultra low res helps because you do not see the lips move.
it says across the screen "cryptoparody"
i wanted to make the same comment. they went through the trouble of creating this content, could not they have corrected the category?
come on you'd think the i in bitcoin would be open as well
fake for sure time 1:09
i also thought it was real for a moment
well at least if bitcoin doesn’t work out you can go do detective work
watch out, we got a functioning brain over here!
was it that or the watermark over the video?
yeah, that is kind of odd because the i is already placed on the board but then they could not do the "bitches in the future" joke. or, they could, assuming one spelled it "bitchis".
>i call fake no shit sherlock
it is not visible.
because vanna forgot to turn that letter, which is why they fired her and created a clone of her that is still in use today.
and if not, we'll all be bitches in the future
bro i don’t think it’s that deep
sure where do i send the funds edit: it is only been like 30 minutes and already 2 chat requests. pathetic
bitches in the future 2 was great
from the creators of lesbian vampire killers (which is an actual movie, surprisingly not porn!)
till a solar flare hits us lol
can they be paid for by bitcoin 🤔? 🤣
i feel like he said the same thing right? if you have bitcoin now, then and bitcoin is the future, does it not equal bitches in the future? asking for a friend.
you'd saying that a bit too openly 🤨
it's from an episode of south park lol
yea they wrote it for that precise joke to center the episode around and have randy try to apologize to black people
it’s based on something that actually happened but as far as i know the footage has been scrubbed. my dad remembers watching that episode of wheel when it aired.
well, the i from coin should be revealed ... and the e from bitches
yea i figured it out after but i believed it. this is why i can’t have nice things. too gullible.
there is no "i" in bitcoin, just "we" and "hodl".
are you sure? how can you tell? i remember watching this live back in 1993. should have invested in bitcoin back then!
doesn't answer the question though. why did the faker leave it on people. it's stupid and ruins the whole thing
my favorite comment today.
🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣 that was awesome
fantastic. have a bear
except the "h" and "i" have also already been guessed
yeah and it should be if other i's are.
...and creators of pirates of the lesbaian, they have come together to bring us... bitches go back in the future: the prequel
i mean, twitch did just add a hot tub channel...
he's still technically correct lol
still right tho lol
and the scores change near the end.
starting to make sense now... the whole economy is base on the rules of monopoly. and when we've run out of money you just bumble along with nothing, hoping that you get put in jail for a brief respite.
i think it is wrong that only one company makes the game monopoly :)
lol ever since i got into bitcoin, a whole lot of things are starting to make sense now as to how messed up the current system is. i just assumed it was the norm lol
this only happens if you abuse free parking and inject too much liquidity into the market, causing inflation of real estate in the secondary market.
i would love to see a bitcoin version of monopoly, with rules like this appropriately changed.
this is why i understood fractional reserve banking at 7 years old
money is only real to us idiots who actually work for it and get an hourly pay, to them it’s never been more than a game
the real question is, how much money can the bank create before the players just throw their pieces to the side and say "fuck it?"
just like real life.
glad that i never supported these banks even if i am still a teen.
and people were just behaving like fools before bitcoin.
bitcoin fixes this because with bitcoin it would be totally impossible for a south american government or large company to implement a system that enables users to transact bitcoin ious with no definitive evidence that they actually hold those bitcoins. it would be totally impossible right????
just like in teal life!
just like real life!
should read "central bank".
funny how govts always make rules that benefit themselves and the politically connected rich, it is almost as if the only reason govt needs the right to force society to find and obey it is so it can make society do things they wouldn't do voluntarily google voluntaryism
lol. its hilarious how anti-capitalists are trying to coopt bitcoin into their retard movement. keep trying to push that square peg of anti-state, uber-private-property money into the round hole of moneyless classless society where private property is illegal and you just want the workers to own the means of production and get labor vouchers.
people’s imagination is borderless. combining nfts and online casino like alphabetcrew is kinda crazy but prospective stuff
the fed printing money meme
real world is even worse than the game. it's like the bank is also a player who can just buy everything with the money they print and seriously inflate all the prices.
halving cycles of the chain is the reason the whales get excited about btc... hodl is the very concept the funds don’t need to circulate through the system to create perpetual motion w finance because if i hodl btc i can exploit the system and accrue more wealth through position as a whale while the peasant born tomorrow can scrap for the satoshi units because one coin became value of one satoshi just like the open source division of the coin is basically like printing money to the ppl in position to be new whales and soon enough the satoshi unit will be... at least a whale w a yacht adds something to the economy like captain and crew, maintenance and dock, port dollar go beyond whale w yacht but btc hodl is the worst form of trickle down economy yet almost as if btc is the wuhan virus to the annual flu of fiat inflation... y’all got tricked... tcot is the way...
yeah. that’s about the size of it.
we should’ve known all along!
rule 11. let it be known
the bank never goes bankrupt... only the taxpayers do.
when did milton freidman buy monopoly?
that's some honest quote, people should think about banks
don't rob a bank, get a bank and rob the world.
but they can run out of people that believe in the fiat bullshit. pro tip!!
you all should play the cheaters edition. the real way monopoly is meant to be played. >_>
the monopoly game teaches us that the bank and the govt really do not out of cash and they print more which leads to inflation so the crypto is the future where no one is controlling the market so i just started investing more and more in cryptos and other projects like crayon dao, heritage dao, etc.
hahaha this made my day 😁
that’s why bank never fear to lose. they always win and i hope the future turns that around
is toilet paper good to use as well???
but where's my hotels where i get rent tho...i want my hotels :(
can't play crypto monopoly then
how to win in monopoly. be the banker.
having flashbacks to childhood arguments and fights. tragically, i was never the reason the bank was empty.
monopoly was created as a georgist critique of capitalist property and monetary regimes.
banking is daylight highway robbery
maybe not bankrupt but bank corrupt
the truth was in plain sight all along
kinda like merica except 30 trillion “new” money slips haha
who is downvoting this, cracking me up!
the whole point of the monopoly game was to show how bad a monopoly is.
yeah providing liquidity so the economy functions optimal that is what central banks do not see what is wrong with that? its called monetary theory and functions pretty well
it's important to understand their game and move out.
so... this is not a game right?
the finance system in a nutshell
your playing the game wrong if this happens. read the damn rule book. get rid of house rules just makes the game last to long.
the thing i do not like about monopoly, is that one bad player can ruin the entire game. i do not like games that are like that. it's actually amazingly fun when everyone is playing their hardest to win. but since it is a family game, much of the time there are kids playing, and if they do not really play to win very well, yeah it is not fun.
monopoly was invented to teach people why capitalism is fundamentally flawed
the newer monopoly game - has statement to just photo copy the money and print was is needed like the fed does
people should not forget these things, it is the damn truth.
the very reason for the fed. without it then the banks really would be closed just like what happened pre 1919. :)
banks never gonna be bankrupt, only customers gonna be.
people can see the true colours of these freaking banks.
this...been right under our noses the whole time!
"the bank will delay deposits, then rack up when all overdraft fees have been collected"
the game *was* made as a critique of capitalism. and a fine job it has done over the years. so this statement is as realistic as it gets.
if it runs out of money it just uses yours ;)
monopoly was fully intended to show how flawed the capitalist system is. that was the idea of the game. there were originally two ways to play it - one that showed how the system worked irl where one player would win by bankrupting all the other players, and one to show how laws could be improved, which was more team based where everyone benefited from the tax system. the irl version is the one that the current monopoly rules are based on. people literally saw a game that was saying "look how terrible this is" and thought "wow, this is great, let us sell it!"
lol. not even close to reality. in reality, the government allows the bank to steal from us. there is not money, just debt.
we just need to remember one thing which is fuck banks.
oh ffs, where are the videos to the hidden secrets of money?!!! or "the creature from jekyll island", if you are the type who likes to read.
i hope other non bitcoin people will understand these things.
generation need to understand what is happening in this market.
ya this part glitched my then 10yo son broke his concept of reality
the real truth and everyone should know this freaking truth.
monopoly perfectly symbolizes the original sin of the current monetary and financial system. everyone has been playing this game for decades. yet, it is funny that so few people have made the parallel with the real functioning of the current monetary and financial system. when will there be a bitcoin version of monopoly?
good day everyone, here you will be able to trade volatility index (vix 75, step index, vix 100 and lot more), only technical analysis and trading is (24) nothing like saturday and sunday create your new account on binary also known as deriv. 👇
yeah, but you can still join r’re broke!
our mistake was believing that mmt stood for modern monetary theory...its really monopoly monetary theory!!!
the world economy is one giant game of monopoly and only the bank wins the game. when people sit down to play this friendly game, it ends when one person is left standing. what happens if the game kept going with just one player? obviously they become the banker. then, all the tax spaces, the chance and community cards that are meant to apply to everyone do not apply to anyone because the money always goes back to the bank. what if the rules were changed so those payments were put aside to a separate entity? the bank would probably run dry, sine that . how long would it take for the bank to go bankrupt?
they should add a jpow go brr card that instantly takes away 10-20% of each player's monetary purchasing power while driving real estate prices up.
people seem to forget that monopoly was created to parody the problems of unbridled capitalism and the resemblance is intentional.
this. and also rich people hoard currency and invest in real estate until all the other players go bankrupt
and the person playing the banker always steals from the bank
other way around. monopoly was always satire. even the rules.
you have it backwards lol... monopoly is based on the reality of our banking and capitalist system... it’s actually intended to make you think about it
unless of course… jail is better…
you are right and that is why every time normal citizens have to face the consequences of bad decisions.
alternatively, a 100 year old board game does not actually capture the nuances of today's monetary system.
ohhhhh, so i keep getting arrested and fined for landing on someone's property? i'm not trespassing? i knew it!!!
ironically to, the best strategy in monopoly is to never buy hotels, just buy out houses. as the bank cannot create more houses once they are all gone
this exactly what always happens because people with money needs somewhere to put their money, and because of urbanization and global movements driving up demand.
right. if everybody is sitting on cash, they are playing it wrong. cash should be used to purchase assets.
draw a chance or opportunity card to have your wallet emptied due to a phishing scam.
talk about chaotic. would the value of each dollar constantly shift after every 10 minutes of play or something?
dude, they make enough versions of monopoly, a crypto version is almost definitely coming…
pretty sure the rest of the world already thinks this is the game we are playing...
well, importantly then, rule 11 actually *wouldn't* apply.
each time you pass go, the price on properties drop 10%
good idea. gon write that down
can you please give us a summary of how it operates?
except that the us got rid of fractional reserve banking two years ago.
you are right but there are many smart people who are earning more money than us by doing less effort than us.
yes, and they tell us bitcoin is worthless.
we will watch this in upcoming times when people will take this seriously
it just blew my mind that now there are people who've never held an appreciating asset besides bitcoin. i'm old now.
banks are not just a clown, but their moves are also like circus
until the banks move on the bitcoin and they just start issuing ious for bitcoin. then the circle will begin anew. edit: the greed always finds a way.
paper bitcoins will always be with us, but the advantage is responsible people can take custody of their keys. taking custody of gold was always difficult and cumbersome.
bitcoin fixes this because on a bitcoin standard the bank can go bankrupt and then everyone loses, great, huh?
the usa voted to allow business to have a say in government and now businesses control the government. who could have seen that coming?
are these people actually real or are you just yelling at clouds? i do not see anyone who said any of that.
banks are centralised that is the main issue they are never bankrupt
if the btc hodl gang feel sour about selling soul to serve false idol to get rich within fin system to track each fin self aka mob tyrant… sour to red pill btc = fed coin = comm union fin tech like dna is public domain within comm union aka brave new world aka dolphin in a tuna trap than like maybe take a moment to think about canadians doing that same open source method to med data ie state id gots stamp because raw democracy is mob tyranny and or kgb wet to think youtube star got life lived through central portal ie fb meta is the equivalent of dc hover board through the loooking glass like 22 v earth is run as flat earth run sun w local autonomous zones
tcot will debut mint tcotc in sync w 4... tcotc is based on paper? gold? energy? young blood? helium? stay tuned to find out!
it's sad that still some people do not know these things.
yes every person should know about it and it is the right of everyone.
that's right and that is why taxpayers have to work more than their abilities to earn more money and pay more tax.
they need to fuck banks and leave them alone that is it.
that's what smart people do even some politicians are following the same method.
that's absolutely right and that is why people should know more about the benefits of decentralization and how cryptocurrency works.
that's what money laundering people are always doing with their money and that is how they are earning more money with this process again and again.
that's absolutely right and there are some cheaters in every game which are manipulating the game and making profits.
except inflation does not happen in monopoly. real estate prices are fixed.
can't agree more with the points, this is the real truth.
this is the real truth, i hope you will make other people's day too.
they will always have the people who believe in them and that is why they will be able to continue it for a long period.
some people believe that it is not good and that is why they are using water for extreme hygiene.
you should search a bit more for those hotels my brother.
you are right but i think there should be a game called cryptocurrency game for the people who do not know anything about it.
that's the easiest way because bankers are always ready with their pen which has the highest power.
only that is the original thing those shitty banks have lol.
the newer monopoly game - has statement to just photo copy the money and print what is needed like the fed does
how does a 5 year old save up money to buy a bike if the bank won’t offer them a loan?
yeah the whole point is to show you how unfair the system we live in is. flipping the board out of anger is the goal.
i think very few people know that to begin with.
fiat money is inherently anti capitalist. rather, it’s the opposite(statist )
and parker brothers made millions and gave the creator a pittance.
not entirely accurate. from wikipedia: "the history of monopoly can be traced back to 1903,\[1\] when american antimonopolist lizzie magie created a game which she hoped would explain the single-tax theory of henry george. it was intended as an educational tool to illustrate the negative aspects of concentrating land in private monopolies. she took out a patent in 1904. her game, the landlord's game, was self-published, beginning in 1906.\[4\]" [ so you can see, it was intended to illustrate the problems with monopolies, not "unbridled capitalism" as you state. nuanced difference, but important. capitalism is good, monopolies are not.
big difference between capitalism and central banking.
unbridled government, not capitalism. without government intervention, businesses would face the consequences of bad behavior.
says a person that invests in one of capitalistics speculative assests ever
actually it was to illustrate georgism and the need for a land value tax. but in any case, a board game with rules which are not like the real life rules of capitalism, but are specifically designed to produce an outcome which capitalist detractors claim are the outcomes of real life capitalism...is a really dumb look for people like you trying to perpetuate these same outdated religious views of political economy.
and yet it still includes a ubi mechanism and starts all players on equal grounds
i’ve gotta research this
then (us)america made out money colors actually match the monopoly colored money y_y
that's right but most of the people are really getting good knowledge from it and that is why they are getting to know what's happening in the real world.
"monopolies" are not possible in true capitalism.
this was actually a reason that the game was invented. it was created as critique of captialism.
huh. all this time i already knew what quantitive easing was. what’s next, boggle ^tm is what sparked the cern particle accelerator?
don't forget the bank **cannot** create more houses, so the best strategy is never buy hotels. but cheap houses initial it runs out. then no one else gets houses. 🤔
unless you use the bart simpson strategy
if you’re dumb enough to draw a card from the “phishing pile”
ge said bitcoin version, not shitcoin.
after every dice roll...
first mover principals would remain in place, so probably.
bitcoin eliminates the cantillon effect
i’m short, banks only need to hold a small fraction of the money that is deposited to them. which is why if everyone tried to withdraw their savings at the same time banks wouldn’t be able to pay you because they loan your money out to other people for higher interest rates.
when you loan money, they are giving you fresh new money
that’s my point, it’s a game to them. money isn’t real to them it’s monopoly money to them. but us who actually work for an hourly pay take it as real cause we trade our time for it. but when you make millions a year and don’t have to trade hour per money it doesn’t have the same value to you as to the person who trades their entire life for a little
even if you're right, at least we'll be on the 'gold' standard again.
that's absolutely right because it is based on decentralization and no third party can interfere in it.
yep just a shame the semantics issue is such a problem, most people hear anarchism and think chaos not equal rights or peace, i've given up on that term because of it
you speak like this was not the plan of the wealthy founding fathers.
you might have schizophrenia
i hope you shared that with your friend circle too my man.
the system is created in a way for you to have a dependency on them. i think is not about believing on them or not, it has more to do with a corrupt system we all belong to.
they are always ready to loot people i guess that is the major point.
i hate playing monopoly after the first 15 minutes it’s already clear who will win, but then a slow and long agony starts, during which the (single) rich becomes richer and the (multiple) poor becomes poorer without any hope of trend reversal.
flipping the board. should be an idiom.
what's the country equivalent of flipping the board? asking for a friend...
it's to show how unfair the system _can be_. it also demonstrates first mover advantage, which anyone can take advantage of.
it’s only posted on til reddit 6 times a year
i certainly agree with you because i believe that it is the game of entire group and we have to spread awareness about it across our friend circle so that everyone can understand it.
i like to separate ‘capitalist’ from ‘free market’ as concepts. fiat is certainly anti free market because it thistorts prices. fiat might accelerate capital accumulation into the hands of a few which is what most people are calling capitalism these days.
i believe that is why decentralization is needed in this world for giving the freedom of money and the value to the people who are actually using it.
fiat or gold tied does not matter to capitalists. so long as they can trade money for capital and capital for more money than they started with, it does not matter. the m-c-m' cycle is an inherent part of capitalism, fiat or otherwise. the only currency that breaks the cycle are labor vouchers or anything that is consumed when spent.
what the fuck did i just read
there are many cases like this where people have made made money like them.
doesn't history show that is not true? businesses used to control entire towns, pollute rivers so that the problem ran downstream, have horrible worker safety records, and openly thiscriminate. the evolution of government involvement through things like osha, the epa, civil rights, and financial regulatory bodies are what stepped in to curb the bad behavior.
this is stupid as shit lmfao.
jesus is this ever fucking dumb.
yikes. you could have expanded on that and made a valuable addition to the thiscussion. instead, you chose to be a dick about it. how's that strategy working out for you?
while monopolism is capitalistic in nature, it is an unnecessary and unfair practice. capitalist markets definitely require regulation but it should be limited to consumer and environmental protections, not the protection of manufacturing and publishing monopolies through intellectual property rights, geographic exclusivity, zoning laws, and local ordinances. it's because of these over-regulations that nobody can earn a living without a job. everything you could possibly do to earn a buck on the street is illegal.
cern was parodied by the hit game crossfire.
well guess one of the card from that pile is a 100x coin
i think there is been enough posts of pretty knowledgeable people getting scammed to realized it is not just dumb people. some are very targeted and complicated.
i do not think you know what phishing is
if banks were only allowed to lend deposits. it would absolutely suck. rates would be incredibly high and they would be extremely picky as to who they would lend to.
not anymore. the fed removed the reserve requirement during covid
when you loan money, they are not giving you anything. when they loan money, they are giving fresh new money. to loan money means to hand your money to someone, not to take it from another.
i just realized that this is exactly what gold standard was. ious for gold. that migth not actually be that bad of a solution.
we might still have banks, and they might still write ious
napster would be a cool username.
you speak like you can read the minds of someone who's been dead for 200 years. citizens united was 2010 and i very much doubt george or ben were anticipating that decision in 1776.
this is why we made the free parking cash in the middle rule. if you're poor and hit free parking you get to finally buy some property. it's basically like winning the lottery
well... it is called monopoly.
then you're not playing it against skilled players. good, skilled players have a chance with skillful dealmaking even if they land on very little for sale property. the rules of the game would be better if there was a "draft" of the properties, to ensure that at least everyone gets a certain minimum amount. that way everyone has a chance to make good trades. it only works well though if everyone is a good player. one thing i always thisliked about monopoly is that one bad player can mess the game up for everyone.
one of the most stree free games i had was when i owned a bunch of land. i ended up getting sent to jail but did not bail myself out and just kept collecting income from prison. dead easy.
not true. if you're creative with deceiving the trades you can get close or even win with a bad start. im good at that game and i love it
reddit bans people who mention that kind of thing. something something big something something igloo.
anyone *with the capital to do so* can take advantage of.
>it also demonstrates first mover advantage, which anyone can take advantage of sure, let me just hop in these [winner-takes-all markets]( going against gigantic economies of scale, super easy! that was true decades ago but now starting a small business is an ever increasing uphill battle that can only be tackled if you already have good capital, if you're poor now it is getting harder and harder to not be.
you are right and i have learnt some of the techniques in financial management by playing that game.
because it is a very good point that bares repeating (reposting, lol).
yet i'm just seeing it now. weird.
6 times a year? more like 6 times a day💀
it seems that fiat makes the value proposition such that the banks cannot go under and therefore are incentivized give out as many loans as possible. gold tied money however would require banks to be much more careful with loans which would curb inflation significantly.
nothing wrong with accumulation of capital, as long as it is done through voluntarily (market) means. the issue is accumulation of capital via theft(inflation )
obviously it is not a definite generalization but there are some people who are taking undue advantage of the capitalistic system.
fiat money (by definition) is money by decree (forced upon us via the state - legal tender laws). this is statist. in capitalism (voluntary trade facilitated with private property rights), fiat money would not exist. rather, the market would decide on a sound money that effectively transmits its holders' value over time w(ie. btc)
the irony is that the game was monopoly.
quite the opposite. show an example of one of those where government was not shielding said business from the wrath of the people. real history shows that such abuses did not exist prior to formal governments. for example, the wild west was not wild prior to official law enforcement. the "wild west" was pure fiction fabricated to sell pulp novels.
oh cool. thank god we live in a world where corporate corruption has been solved.
your inthisputable logic has convinced me.
where i'm from it is illigal to help your neighbour fix his roof (or do any other simillar help) if he is compensated in any way for this. this also includes non monentary compesation i think. the goverment must have it is cut.
>while monopolism is capitalistic in nature monopolism is not capitalistic in nature, unless we've now defined every economic system as capitalistic (or that "monopolism" is not " creating a situation where a specific person or enterprise is the only supplier of a particular thing"). to wit, in a communist or socialist or overall command economy, the enterprise of "government" is very much that "monopolistic enterprise" up there in many industries.
whaddaya know, it really was a nigerian prince, collect , just call this smart contract to receive your prize.
if they type their 12.
ah shit... for some reason i read that as "rugpull".
it's what satoshi hypothecated if total global adoption happened. the network would mainly support trans-national, trans-institutional txns while everyday txns (coffee etc) was on a "bitcoin credit" system like lightning or similar.
we do not have to read their minds, we just have to read what they wrote and the laws they passed. when the us was first founded, you had to own property to have a say. the founding fathers wrote how they [planned to contain democracy]( to protect their wealth and property interests over the wants and needs of the majority of people.
>like winning the lottery isn't that another depressing aspect of capitalism? a lottery to give the poors hope that they can escape the system that oppresses them?
. played properly a game only lasts 60-90 minutes.
yup, you can play with only one good player, but even one bad player will ruin it.
this is the same with any skill+rnd game.
this is a legit strategy but you only stay 3 turns not indefinitely
also, i think you have to be first.
that's right and that is why they say that "power corrupts and absolute power corrupts absolutely".
if those gigantic economies of scale exist, something tells me you might not have been the first mover.
and because also, we’re in the end game now where that one asshole owns all the properties on the board so everyone pays rent to him source: used to love being the asshole
yes, but with gold-backed money, we are forced to trust a custodian in order to transact. this custodian-based system is corruptible and inevitably becomes corrupted by humans as shown thru history
> the issue is accumulation of capital via theft and via extraction of surplus labor value
okay i see your point
you’re saying without a government there would be less pollution? it’s strange that regulations usually curb further pollution, and that the scenario mentioned previously happened during a time with less regulations and more private violence and private police forces. cool of you to try and turn that around, but that’s just revisionism.
so your solution to the problem of “capitalists who run and own large businesses commodify everything including political power and thus are able to buy and lobby politicians for fewer regulations in their industry to maximize more capital gains” is…to remove those restrictions entirely to skip the step where they lobby the politicians. genius.
every economic system is capitalistic, yes, because human nature is capitalistic. the difference between economic systems is not whether or not they are capitalistic but the degree to which the government seeks to suppress capitalistic freedom. monopolism is always a tool to that end.
there's been plenty of scams that are not that basic. they're much more elaborate. some involving smart contracts.
ah, you're good mate
that's pretty much how every govt has worked unfortunately, violent criminals tend to learn quickly that convincing their victims to accept their violence and theft as a legal right is the easiest way to gain three most power and wealth through oppressing other humans without much resistance
it’s strange how we all feel the same but nothing changes
name a better system than capitalism. i’ll wait.
as bad as they can be, lotteries are still a far more rational hope to give poor people, than voting in giant national or state elections to not continue to be crushed by the state. both in terms of probabilities (depending on which lotteries we map to a vote- but also because even the poorest people can usually afford to buy many lottery tickets, increasing their odds substantively above changing the outcome of a national election with their one vote), but also in terms of how much that one winning vote or lottery ticket will allow them to improve their own lot and their communities. it's actually not a coincidence that most governments ban or highly restrict gambling and lotteries; and then virtually monopolize the use of them...lottery and games of chance are one age-old market mechanism for producing public goods like charity(i.e. they reduce the free-riding which can plague the attempted private production of public goods, by playing to people's general inability to think about very large numbers, and also just providing a sense of entertainment and community around a cause, even when people understand the odds). the state does not like this, as it relies on people continuing to believe that only it can produce public goods.
no way, sometimes it takes up to multiple hours with my friends. negotiating can be fun
for real man! that’s why it’s against the rules. the goal of the game isn’t so much to succeed - it’s to break the other players. played by the rules you can break them in under two hours everytime.
ya really, that’s not like a new idea he came up with. in the latter quarter of the game nobody want to get out of jail. why? to get 200$?
so it is not "anyone" that can take advantage, it is specifically "people that had money and were alive back then". or do you think a poor kid born now will be able to take advantage of being the "first mover" in any market? also, you might actually be the first mover into a market but if suddenly a company like amazon decides they want to try to enter the same market you're starting on, good luck in competing with their infinitely bigger r&d departments and cash reserves to operate on a loss while you do it all on your own.
it's a simple iterated trading game. in all such games, monopolies are inevitable. the reason is that once your assets reach zero, you are out of the game. the faster you luck into a sequence of trades in which your asset value goes very high, the more likely you are to survive longer than everyone else. all players will eventually encounter long sequences of unfavorable trades. if you are "poor" then you will be more likely to go bankrupt when you get unlucky. when you are "rich", you survive unluckiness. the bigger question is: does this model the real economy to any practical degree? the answer is yes; but, only if you are prepared to accept that this model does not predict anything other than the rough shape of the thistribution of outcomes. bitcoin in no way solves the problem of the fact that iterated trading games result in very uneven thistributions of outcomes. it can only potentially reduce the risk of bad outcomes due to bad monetary policy and. this picture does, in fact, point out a flaw in non-inflationary monetary policy. how do you deal with the issue of inequality? and, of course, how do you deal with the issue that we will likely continue to create a lot of overall "value" by way of durable works and accumulation of technology but a non-inflationary money supply will not keep up with the creation of this new value.
it would create a market for banks in which they would then be required to give competitive interest rates. yes some banks would be run poorly and fail in the short term. the market should respond to this and people will learn to trust banks who use sound business strategies. the problem may be more in your face so to speak with backed money, but at least it is economically sound. the problem in fiat is more behind closed door so that people often ignore the unfair loss in spending power created by the system.
can you elaborate? in true capitalism, businesses cannot profit via theft
>and via extraction of surplus labor value there is no way to incentivize anyone taking a risk if you never allow for extraction of the surplus of labor value, unless you're defining "labor value" as something other than "that which labor produces off of the capital upon which it is working".
ancaps are literally braindead.
environmentalists, via the state, are the reason why we are not mostly nuclearized, but instead, still burning fossil fuels. and that is just one of the *direct* ways in which the state (which by the way, are always the single largest producers of pollution in their economies), have created or promoted a more polluting economy than we'd expect freer markets to produce.
i never said i had a solution and therefore your whole comment is a strawman. don't you think it is weird that you are quoting something i did not actually write? maybe english is not your first language? you should know that quotes are used when you are quoting what someone said directly. anyways... the point i'm making is that the government getting involved did not make anything better and arguably made a lot of things worse. osha has not solved unsafe working conditions. epa has not helped the environment. fda has not made food healthier. atf has not solved gun crime. dea lost the war on drugs. what government agency can you point to and say yeah these guys are doing a good job?
i think we are all witnessing the beginning of the change. people are starting to wise up to this bullshit. if you spend any time reading the , the group sentiment is changing.
we have to invent one. that's what humans do. we create new and better tools, systems, societies and cities. we do not even have to replace capitalism on the whole, just make it more equitable to all, so that all people have access to basic human rights, like housing security, universal healthcare, and no more artificial food scarcity. surplus worker productivity should not be funneled to the wealthy few at the top. it should be thistributed back down to all of those involved in that productivity. bitcoin is one of those tools that will allow us to get there, away from centralized financial systems.
ya nobody ever remembers this when they are bitching away about being poor or whatever else isn’t going well.
true i do not factor in negotiating in the time a game takes because while negotiating is part of the game there are specific rules to it that you probably are not following (kudo if you are). one such rule is that you can only offer a trade on your turn so people trying to "make a better offer" at the same time is not allowed.
yup, first mover advantage is pretty over-rated or over-simplified. (i'm not the person you initially replied to).
>the bigger question is: does this model the real economy to any practical degree? the answer is yes; but, only if you are prepared to accept that this model does not predict anything other than the rough shape of the thistribution of outcomes. right, so the answer is, no. it does not conform to any practical degree...and not just for reasons of poor assumptions inherent to static models (e.g. growth is not even a factor in the game of monopoly...it specifically, intentionally looks at the economy in the samw errorneous way as many leftists do; as a fixed pie, a zero-sum game). if we were to look at a payoff matrix of an indeterminately iterated extensive form game, the nash equilibrium is usually cooperation. but even then, we do not know off hand whether a similar outcome was achieved by chance or because of the applicability of the model. "all models are wrong, but some are useful" is very applicable here. game theory can give us logical insight into isolated, cetarus paribus phenomenon...but no iterated prisoners dilemma game can account for real life doing things like the mob boss assuring prisoners that they will send a goon to break knee caps if they defect. game theory cannot, and was never intended to be a tool capable of making sweeping statements about various political-economic systems. as far as how bitcoin plays in to all this, that is a much longer and nuanced thiscussion, but certainly it is ridiculous on its face to think that bitcoin is in any way anti-capital
if only there was a monetary system that did not require trust at all 🤔
it's a consequence of smith. [anwar shaikh]( has a good lecture explaining the concept and reviewing some empirical evidence for the economic theory. the tl;dw: profit is sales minus cost. cost contains the value labor, materials, and depreciation. profit existing means one of these categories was not paid their full value. typically profit comes from wages not matching the value of labor, what i called extraction of surplus labor value. that is the mechanism that allows those with capital to further concentrate their wealth.
you can function on a coop model. launch the business on your own as a sole proprietar. soon as you bring others in, they get equal say in how profits are used.
ah yes, environmentalists slowed the push for nuclear because they’re in cahoots with fossil fuel companies. totally believable.
it’s obviously a mocking paraphrase rather than a direct quote. it’s not a strawman at all. i’m directly attacking your argument of “i’m glad government corruption has been fixed” which was stated as a response to pro-government regulation. the direct implication of your argument is that the problem lies with corruption in government and not capitalism. my comment was to spell it out for you that the capitalists who lobby the politicians to reduce regulations are the problem. and removing the only safeguards because you think that they don’t work is foolish. obviously you didn’t provide a working solution, but you implied that government regulation is *not* part of the solution. your second to last paragraph is also categorically false on the first two counts. gun violence and the war on drugs are a totally different matter. guns are heavily lobbied and a perfect example of regulations not being able to be passed, and the war on drugs has a whooooole lot of political undertones in the united states that are considerably more far reaching. either way, it’s not really a “legal industry” that’s being regulated. the first three (osha, epa, fda) are explicitly organizations that have tried and true regulations that protect consumers and laborers from corporations who would endanger them to save on costs. to say that they have done nothing is just simply false.
> the point i'm making is that the government getting involved did not make anything better and arguably made a lot of things worse. osha has not solved unsafe working conditions. epa has not helped the environment. fda has not made food healthier. citation needed.
monopoly came out in the 40s i think. people have been "wiseing up" for quite a while.
what about butt coin?
u pretty much just described communism. wealth rethistribution is right at the top of that list.
no system has lifted more out of poverty than capitalism. no system has driven innovation like capitalism. any system that allows for that kind of success must allow for failure. you can’t make everyone equally rich. all you can do is make everyone equally miserable. i’ll take my chances with a system that rewards hard work over one that punishes success.
we follow that rule! idk what other trading related rules there are though
where did i say that?
the profit is paid out to cover costs that the business owner has (startup costs, time, risks taken, etc). however, this profit would be minimized due to competition in true capitalism (when businesses cannot profit via coercion)
>launch the business on your own as a sole proprietar. but then it is always better to wait until someone else takes that risk of the initial capital until it is working, since you'll equally share in the profits once it is up and running.
they opposed nuclear, and hobbled it and turned public sentiment against it, you braying donkey.
and again you are just making up what i'm saying. >to say that they have done nothing is just simply false. where did i say "done nothing"? i did not. you're making up a version of my argument that works for you because you cannot actually address the points i made. i do not have an interest in a thiscussion if you want to keep making up what i'm saying instead of actually addressing what i've said. good day.
i'm glad you made it through but an anecdote is not evidence.
the system is not fair and it does not reward hard work like you think it does. 78% of the wealth is owned by less than 10% of the u.s. population. [the system is failing all of us.](
wrong person, mixed-up replies.
please watch the lecture before trying to comment on the subject. profit as you describe it is not a match to reality.
that’s a pretty cool insult, maybe some reading to support your argument would help, instead of being a belligerent barbarian.
the system rewards those that work for it. “the system is failing all of us” is the victim mentality that the left perpetuates. the system doesn’t fail anyone. people fail themselves.
but reality is a form of statism
this is like saying "citation needed to determine that people would not give away money". you concern trolls are amusing. but, uh, feel free to take that risk yourself, bear all upfront costs, and then permit everyone after you to share in the profits equally while they took none of the initial risk or cost.
>the hell kind of evidence do you want? it's not my job to provide evidence for your argument. anecdotal evidence is not evidence. neither is one point of data. show me inperical evidence following th scientific method that proves these agencies actually make a difference in the problems they claim to solve. or do not.
when most americans cannot afford a unexpected , it is not people failing. it is a systemic failure. you are just victim blaming. i've traveled to several countries and met many people who are diligent and hardworking, but the system does not allow upward mobility at all. i'm tired of this bullshit bootlicking from the right.
we've had capitalism in various forms for the last 300 or so years. a state structure necessarily exists to manage the class antagonisms created by capitalism. you cannot have capitalism without a state.
you need a very convincing argument that the cooperative models gets rid of every and all incentive to start your own business.
i’m not talking about other countries. i’m talking about the usa. anyone can succeed here. if you don’t better yourself and learn marketable skills you have no one to blame but yourself.
man i hate the right as much as u… but come on- if you can’t pull yourself up in this country you either aren’t trying, or you’re a dummy. i started a business this year with about ’m making 4k… sure, 4k isn’t that much but i’ve only been doing it a few months. not gonna say exactly what it is, but i service yacht ppl around miami and you do not have to be a genius (or from a wealthy family) to figure it out. i also lost a bunch of money building a quiznos many years ago- but hey, you take the good with the bad. but as the other dude said- there is no better system.
the state has done much more than just enforce property rights (note that with bitcoin, this function of the state has been essentially automated with code). businesses have merged with the state, and our system has become closer to a form of statism . to grow a business passed a certain size, you pretty much have to get involved with the state to get favoring legislation, interest-free loans, subsidies, bailouts, etc... get close to the money printer (cantillon effect)
you replied to me. i did not go to you asking for evidence. you made a statement that i'm asking be supported by evidence. you can go through life believing whatever people say without question if you want. i wouldn't recommend it. by the way i can make you a millionaire if you send me a check for . don't worry i already did it for 5 other people so you know it is true. don't ask for evidence because this is reddit.
evidence shows the opposite. not everyone can succeed here, hence my comment about americans living paycheck to paycheck. one injury or illness and you are under a mountain of debt. monetary debasement and stagnant wages have taken away the ability to retire. you still believe in the american dream, but that died in the 80s with trickle down economics. hard work helps, but it is not enough.
>man i hate the right as much as u… but come on- if you can’t pull yourself up in this country you either aren’t trying, or you’re a dummy. this is a right wing talking point. you are making the assumption that everyone can make it if they try. so again i guess most people are not trying, because most people are not "making" it. i'm happy for your success, but that an anecdotal experience, and is not representative of what most experience. if there is no better system than we will make a better system.
capitalism always has been and always will be statist. your feelings on what capitalism should be have no effect on what it is in practice. even if what you want capitalism to be was true 300 years ago, it has evolved to what is it today because the material conditions of the real world force it be so. in physics we do not go around debating on what is or is not true newtonian physics. what matters is the approximations used and if they match up to reality. please watch the lecture, it is one of the easier economic concepts to learn and we have hundreds of years of evidence for its existence.
just because everyone doesn’t succeed doesn’t mean that everyone can’t succeed. most people aren’t willing to put in the effort. any system that allows for such success must allow for failure. you get out of it what you put into it.
i thisagree, capitalism is not statism by definition, they are opposites
you are assuming life is fair, and there is some grand scale of karmic justice then? that hardwork is always rewarded? or is there an element of randomness? if hardwork is always rewarded then most people are lazy and deserve their lot. if there is randomness in the system then most have bad "luck" and few are rewarded. i suggest we change the system to allow better odds.
please define capitalism, your are in thisagreement with hundreds of years of political economy. from smith and mill all the way through today.
hard work isn’t always rewarded... shit happens and ppl have bad luck. but you can guarantee failure if you just settle for your minimum wage job year after year waiting for someone to raise the minimum wage. it’s hard to go to school at night, or struggle while you do a nursing class- but ppl do it. they are the successful ones, and it works cuz they were born here.
capitalism: "an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state." when business gets involved with the state, this is not capitalism but statism
people are not waiting for someone to raise the minimum wage, they are actively trying to raise it. and why should minimum wage equal failure? isn't the whole point of minimum wage so that you can remain earn enough to survive without being an entrepreneur or taking risk? idk what to say about "it works coz they are born here".
two questions. first, who is defending the property rights of private owners against their workers who were hired to run the machines and carry out business operations? similar to how organized labor strikes bring operations to their knees, who is going to protect those owners from workers banding together and locking the owners out? second question, alice and charlie each own a garbage collection company. alice's brother bob is chair of the local home owners association and this hoa is responsible for managing their own waste. alice leverages her brother's position to secure a contract with the hoa to collect garbage over charlie's company. how is this not a capitalist exchange under your definition? alice and charlie are both private owners and control their companies autonomously from the hoa. exchange hoa with city planner, and it is even more clearly a state system.
well, in russia it doesn’t matter how hard you work- you can’t pull yourself up. in capitalism you can- that’s what i mean by you can if you’re born here. the point of minimum wage is for younger ppl and ppl getting started in the job market- not something to look forward to long term. it’s literally the least effort you can put into finding work. if you’re going to spend your life thinking that the absolute minimum is good enough for u, maybe you should go check out one of the communist countries. on paper their beliefs are much closer to yours than america. and really, show me these minimum wage ppl who are actively trying to get it raised. they’re normally the least motivated ppl in the world. u can be mad at me for saying it if you want- but it doesn’t change it.
1. in capitalism, gov has the limited function of enforcing property rights. this is debatable tho since some believe this function can be performed by private security organizations 2. the difference is hoa is a voluntarily exchange where each side contractually agrees to the terms. in contrast, the state uses coercion without any contractual agreement
the country we are in capitalizes gains and socialize losses. that's why wages have stagnated meanwhile productivity has increased. that's why the wealthy pay a lower % of their income in taxes than i do. that's why ceo's of companies lay off thousands and increase their bonuses. you seem to be arguing that because they made it that it is justified. if you believe that then there is nothing left for us to talk about. in your world all is just, because the rich worked hard and deserve it. i thisagree that minimum wage exists just for young people getting started, that may be how it been used but it is not codified anywhere in law. actually i think that would break anti-thiscrimination laws. if someone prefers to spend their time doing things other than build a career, or chase money, than minimum wage should allow them to survive. not everything in the world has to revolve around money. the long term effects of capitalism rethistribute wealth to those with capital, regardless of if they have worked hard for their money or not. capitalism leads to inequality, as does socialism and communism. but their may be a balance between the economic ideologies that can create a stable, equitable society. but it is easier to just say the poor are lazy, that is why they have nothing. don't actually address any of my points, just believe that if you have money, you deserve it. whatever helps you sleep at night.
polls show minimum wage hike was supported by majority of americans. are you suggesting the minimum wage employees were voting against making more money?
1 is statism. let's even look at that private security force option. we have seen those such as when coca cola hired paramilitaries who murdered union organizers in colombia. who is going to judge on if those security forces should be in prison or it was lawful? a state like we have now? coca cola? if coca cola is the arbitraror do they have a monopoly on this violence or would the union be allowed to launch assaults coca cola executives and get away with it as well? if coke has a monopoly on violence, they are a state power. if they do not thats an interesting world you want to live in, and interesting times are not fun to live through. for 2, read again at the end. how does this relationship change when people chose to live in a city, elect the city planner (or elect a mayor to appoint the position). if you do not consent you are free to go somewhere else.
nope- but since the majority of american are not on minimum wage, that statistic goes to show that the average person got it raised… minimum isn’t average, so no- i don’t see that they were the big crusaders. like usual, they stayed home and chilled while the thoughtful majority of americans decided to subsidize them. just think of it like this- if not for the law: we’d pay u even less! cuz that’s all they’re worth. it takes an actual law to force us employers to pay weak employees this wage. they aren’t worth it. if they were, the law wouldn’t be needed. don’t worry- there will always be someone there to make sure i’m forced to pay you more than you’re worth.
yes, and we have laws for a reason. because shitty people will do shitty things if there are not consequences. doesn't mean they deserve it. that's part of why there is a shortage of staff across the market, because employers are not paying fair wage. unfortunately many with low income cannot afford to stop working. it does not mean they are not worth more, just that they are in a weaker bargaining position.
why don’t you just concentrate on making your skill set more valuable to employers instead of forcing an unnatural wage?
bitcoin aside i just love the idea of being able to generate electricity from geothermal energy.
is that smoke coming from burning traditional finance institutions?
i blow this place up first in *just cause* every time. parachute down the falls, yeah, seen it
this looks like concept art for a planet in the mass effect universe. i fucking love it. i hope the real thing ends up matching the vision.
the most money el salvador is going to spend on this are these renders.
thought there would be a planet in the background of that second picture
i hope el salvador can pull this whole thing off. hopefully the imf, world bank, etc dont make any malevolent moves to sabotage this whole endeavour of el salvador.
wow, they built that thing pretty quick...
powered by lens flares.
uff. call me, when they start building it. than i will believe. never trust cgi projects. not from elon, not from el salvador.
crescent moon and a rainbow in the same view? not possible. i guess these fantasy folk forgot the unicorns and rosy smelling farts which are required to fulfill this utopia.
this looks like future but why are people walking on the roof
i have a feeling it is gonna look a lot more factory, and a lot less future.
el salvador knows what’s up 🚀
“it’s only a model”
if you believe a poor country in central america will pull this off you are out of your mind.
i see dreams here, which is nice, not trying to throw shade but is everyone forgetting this is el salvador? 99% nothing gets built, if it does, 100% it looks nothing like this.
welcome to future! global currency is inevitable!
is that área 49 of the el salvador !!
volcanic bitcoin. hot hot!
we now figured out who is going to buy the hardware from china!
brought to you by: glagnar's human rinds *it's a bunch'a munch'a crunch'a human!*
i do not know why, but this song comes to my head...
why do i feel like that pond is actually 200 degree volcano water that underperforming individuals will accidentally fall into off of that platform?
no dd from anyone on this subreddit!, that is a stock pic!!!!
cool rendition. hope that the end result is anywhere near as nice. any idea how long it will be before up and operational?
if we told our ancestors that volcanoes are powering mines for digital currency they’d think we’re crazy!
i really hope this gets built just to rub it into the faces of elon musk and co.
never going to happen. keep it real, it will save you money.
weird scaling on that first render. is this a farm for ants?
this is cool af :)
hacker gold mine is all i see lol. hope security is 100% up to snuff
who gets the coin!? lol i'll move there to work if i can be paid in btc :d
look like something a mix between chernobyl & jurassic park lol
i hate that this was his tweet. these look like generic images on a scammy tech website.
why are there children in the crypto mine?
hey guys check out this cgi spaceship that is totally being built for realsies it also mines bitcoins as it travels the galaxy!!
haiti needs to next with solar
geothermal energy? wow that is dope!!!. congrats el salvador!
sounds good in theory. it will look nothing like this though. he’s blowing smoke up out ass now. tbh, i’m more bearish on el sal than bullish. usually when shit is too good to be true, it is. that’s not to say bukele doesn’t genuinely seem like a decent guy in interviews. you hear conflicting stuff about him online. how much is real? idk. i’m just skeptical 🤷‍♂️
es la casa de antonio stark, no?
idiots: "omg bitcoin uses as much energy as sweden" bitcoiners: *switches to a inexhaustible source of energy* idiots: "omg they are cooling the core of the earth omggggggg"
but, can it run crysis?
wait, is this real?
looks cool. also will drive infrastructure improvements in the country (more bandwidth)
looks awesome, unfortunately it’s impossible to maintain an air conditioned data center bitcoin mine of this scale (unless they were liquid cooled). open air warehouses are the only way to achieve scale, recycling the inside air with outside air. as long as you can maintain 85-90 degrees f with an exhaust like system, the rigs will operate nominally. even if they get a little hotter you only lose a small percentage which is much cheaper than buying extreme amounts of industrial air conditioning units and maintaining them. longevity isn’t an issue because every 6-12 months or so the machines need to be sold and replaced with the newest higher hash. concept art looks sick though!
does anyone know when this is starting to build? looks amazing!
does it have lasers, because you cant mine bitcoin well without lasers.
looks like avengers headquarter.
one powdered from bull shit will be more realistic 🤭
this seems like a different planet! will be great if true.
bitcoin mining operations don’t look like that interior. traditional data center like setups don’t work. sad to see a professional mock-up thisplay how ignorant they are.
this is looking a bit absurd, just 4 renders here
tom clancy breakpoint anyone?
this is dope, but i do not think it can compete with the traditional mining rigs
guys, come on! this man always promises mega infraestructure and never delivers, and in the rare cases he does, is a joke.
did j.j.abrams take these pictures?
right cuz el salvador can, a: definitely afford this and b: overcome it is crippling governmental corruption to run.
sponsored by your local cartel !
at work and this information is available for all on line so why do not you go take a look.
volcano powered? what is this, an austin powers movie?
this is the future. i've lived to see it!
nayib bukele is the sh!!
this is the future we all wanted
stick that in your pipe elon
those renderings clearly are done by chinese imo. the cheesy night sky, happy birds everywhere and the interior that looks like a copy from the film"transcendence". hahaha. yes, el salvador owes china a lot of money. is that the next expansion project?
that is a picture from some movie about hotel at an active volcano. right?
is tony stark designing it?
send me a picture of it mining 50k btc plz
i wish them all the best in the world and hope btc thrives there, cannot say i am perplexed how they will achieve this on their own though, this concept is 100% unlike any current infrastructure in their country. basic water and sanitation for the population is not even a priority, maybe this is the cart that will carry the horse.
someone should look into j’ne sais pas, perhaps nearby countries willing to cofund projects. seeing as how this dilemma is not new to south and central america. 1 country elevating itself from poverty should also allow for a lot of positive growth for neighboring countries.
can confirm, just got back
according to the modern investor it’s going to be ran on lava ash
maybe they should focus on why half of their citizens live in the us...
too bad they have to tear down a whole swath of rainforest to do this
looks like a power ranger base.
real question. what happen if the volcano blow up? whats the % likelihood of that happening?
anyone have a concept art of the arecibo radio telescope before it was built? would love to see the comparison!
this is gonna be so far from the photos
renderings...those are renderings i'll believe it when i see it
i read it fast and only got: bitcoin powered volcano
why would a ventilated wearhouse need to look like a modern office building??
looks like a facility that shepard & co would fly to to save scientists from a rogue ai.
nkla had some nice renders too.
i mean, that’s the fuel i use in minecraft.
missed opportunity if it’s not called “el dorado”
reminds me of the spondoolies tech miners. way too fancy for the job that needs to be done.
looks like a bond villain’s lair. cool.
looks like some base from just cause 4
reminds me of the 3%
this is some next level sh\*t
what a beautiful dream!
mmm steam powered gpus
how does a massive mining plant paid for and operated by the government represent "decentralization"?
looks like the island lair from the first “incredibles” movie
looks like a bond 's lair. + 10 points if they can launch some form of spacecraft.
is tony stark building this?
good for el salvador. crypto adoption probably would not happen in my country anytime soon because it is run by boomers.
i did not knew this was possible 😯
i bet there are going to be millions of bitcoin millionaires in el salvador now!!
el salvador about to lead in the web 3.0 era 😎
which game is this?
what is this?! a bitcoin mine for ants!
there you go earth is fucked that is the science.
i was really hoping for a volcano that looked like dr evil :(
sooooo where are the employees???
fake news, that bitcoin mine does not exist yet... post back once it does...
can’t fix their gang problem but can fabricate the technology to mine crypto over a volcano? tf?
if i were el presidente, i would carve a doctor evil style face on the side of the volcano above the facility.
i can see the lava running down the side and a hole in the middle of the building now 🤣🤣
i thought the first pic was a minecraft build
el salvadororians love him so much they flee to america
maybe they’ll run an ico and we can all buy a stake in the facility?
not a headline i thought i'd ever be reading! i know it is a rendering, but still.
wait maybe i’m dumb, but won’t all the bitcoin be mined in the not so far future? would this really be worthwhile to build?
i love that they managed to render a rainbow, the sunset, the milky way, the moon, a shooting star, and beautiful birds in one shot. 🌈🌅💫🌌⭐️🌙🦜🕊 = 💎🙌
seems like a real hot topic. i wonder if this will blow its top?
shes going to run hot
okay this is 100% a supervillain lair.
that looks amazing place to work. hehehehx
for the sake of el salvador people. i hope their government really has a back up plan. in case thing went south.
well, they are about to become filthy rich people
i was on this twitter space today with ac ... nothing has been built yet. so i am not sure what this is. there are no crypto mines in el salvador yet
how did el salvador get this all done so fast? seems almost unreal.
dont be fooled. the people of el salvador are not building this. non-natives with bank are making this happen. of course only the few will benefit.
so it is a mining city with blackjack and whores.
how long is this project going to take? and how many bitcoin are honestly left? is this a feasible long term thing? is mining the only thing going on here or is there other operations also taking place? i have so many questions... but i love the idea completely.
looks like avengers hq!!! xd
looks like it belongs in the incredibles
in the second photo, i expected to see a planet in the backdrop. this appears to be concept art for a mass effect planet. i'm accepting bets on cartels dumping cash on exchanges in the near future.
only with 1000 bitcoins i can afford this house xd
will be fun to compare vision with reality. regardless, it’s a good move.
loool i wanna know how it is powered by the volcano?? they take the lava boil water and spin the generator??? loooooool
climate change is a natural part of earth cycles can not retrain me or re-educate me.
thank you for the stock photo of a data center.
the case of el salvador legitimatising btc as legal tender has proven to be a shoot in own feet stunt, soon after this china totally banned btc. i thought the bitcoin community and cheer leaders came to conclusion that they will sell it as digital gold (anyways it’s no good for buying cup of coffee , unless you go to centralised ln and that yellow-green poop), no touching touching to currency, now with this stunt of el salvador, governments are thinking twice, its digital gold or currency. shot in own feet 🦶 perfectly applied here in case of bitcoin. now all central government are getting together.
are there any people who think that bitcoin has an upward trend? welcome to thiscuss together
i got some biothermal energy here for you
iceland had entered the chat.
it’s not just an idea brother plenty of buildings use geothermal sourced energy
and them immediately wasting it all :(
they’re running a spa beside it
that is not smoke. it's steam. steam from the steamed clams we're having!
or is it the mirrors?
green bitcoin is a bunch of rubbish as is man global warming created by carbon in the environment making earth hot and heating up the oceans. the north pole water is warming from several super volcano's under the ocean beds the south pole is frozen solid with more sea ice then has been seen in years. take you scam green tax that you carbon credit charade and take your fake bitcoin is boiling ocean narrative and stickem up your toot toot.
that smoke is from the hot asics
where there’s smoke, there’s fire!
it would not. el salvador is broke af. you think they can do that
can’t wait to see the memes of the shanty shack they build instead
i just finished the trilogy a few days ago. this was my thought too.
needs lasers on top, pointing at moon
see that cantilever on the left? no country in the world can build this, and it‘s not about money but about physics and material strength and stiffness. source: i‘m a structural engineer.
i love how they added a happy rainbow in the background.
i think it will be planned, built and owned by chinese companies.
this guy gets dictators.
the moon is there at least!
someday, worlds will be colonized by humans. your imagination probably will be true at some point in the future. :)
i guess they just like walking on roofs 🤷‍♂️
seems like some sort of outdoor enjoyment for employees; there is a garden up there on the left, and room for more ideas.
they build the panama canal in central america, you think they can’t build some building to run miners in?
china is in asia
fuck that. the real question is; can it run doom?
yes, it was posted on twitter by the president of el salvador (
no. they don’t have the money to build it. the country is broke!
looks like a copy of transcendence, just johnny depp missing
traditional basically means old fashioned but really bitcoin mining is evolving fast check out these guys series of vids with liquid cooled mining
it'll work the same as a traditional rig just it will get it is power from a volcano not a power outlet
are you familiar with this man? just asking because from some people i know that have family there they say he is a good president. i'm sure still corrupt in its own way because there is no country that is not
absolutely but if you only invested what you can afford to lose then ride it out baby. either we go to the moon or die trying!
it's from the treatment document for the "dr. no" remake this year that is featuring lakeith stanfield as the new 007.
go check out brazil and what they doing to the rainforest
i guess that it was photoshop, it was posted on twitter by the president of el salvador
basically yes, they do not "take" lava but run water over it until it superheats.
i've been to a restaurant that used volcano heat as an oven, pretty damn cool
volcanos have steam that naturally escapes from underground constantly. use steam to turn turbines. boom. costa rica uses this method to produce all of its electricity.
it converts geothermal energy from the volcano into electricity
wow - you probably could not have gotten any of those facts more wrong. [electricity access]( [ms-13]( ... and finally, i'm hoping that was a joke about a computer generated image knowing full well you gonna need a picture before you build a thing.
unless you are personally being blocked in providing that power, what say do you have in where it goes? go down there and make it happen
i can smell the energy
great chat up line.
well el salvador got some too lol
great, now go fart into a volcano...
"play jaja ding dong" iceland exited the chat
well we do need to use the electricity to secure the network and they do get rewarded in bitcoin just for funneling energy that would have been released into space via the miners first.
is that built and financed by chinese companies? i read that el salvador owes them a lot
it’s heated by burning all the useless usd they won’t need anymore.
yes, those institutions are in hot water...
i thought we were having steamed hams...
imf shows up and bukele's mining bitcoin with aurora borealis
your short position got liquidated last night?
so even if the greenhouse effect was not a thing, humans are rather objectively wrecking global ecology.
you’re too dumb to waste my time arguing with climate change is real and when you finally see the massive problems in 10-15 years, you’ll feel dumber
its not exactly all human. majority of these things are happening because we are in an ice age and we are going through same stuff as the previous ice age. we have been in this ice age for 3 million years. i am not giving you a source. you have internet you can google it. i am not doing your homework. maybe then you'll learn to research things before giving your opinions.
look at all the green sheep at the alter of leftism. facts nope it is a religion facts have no place in a religion. welcome to the baseless green scam.
the money will come from outside investors.
it's the billionaire chinese bitcoin miners that recently got shutdown and are looking to move and being enticed by el salvador's pro crypto policies that will build it.
lol it will be a shed. resembling the shed from the end of the movie twister...even has the piping ha.
they're already in the pockets of the chinese. it's prolly china moving over
lol, and even if they weren't, has any feasibility study been done on this? honestly, just because btc has been a financial miracle for some, does not mean they (miracles) keep happening.
but they can just print more bitco…wait.
this guy, like poor countries don’t spend all their money on huge constructions all the time
what makes you think the government would pay for something like this? that’s not how real estate or development works like at all. what you need is a private investor with deep pockets who sees profit potential in something like this, aka, some bitcoin hundred millionaire. i don’t think that would be hard to find. the government comes in because they need to play ball, say yes to the permits, etc. and we already know el salvador is on board. why would they shoot down something like this? it means more wealth coming into their country try.
but probably corrupt af
even if brooke i’m sure they can swing it. eternal return on investment
they are already getting 20x of the investment that they need (), they can be picky with investors because it’s 100% renewable.
bitfarms, a leading public mining company, started out in shipping containers in a field in nowhere quebec. i invested because i thought it was dope they did not care about a nice facility, just hashing power and expansion. that's paid me out handsomely so i wouldn't write something off based on its looks.
there's a vertical beam behind the trees.
aww... no wonder it looks like science fiction then!
the chinese are getting out of bitcoin because of the cccp.
not a dictator when 90 percent of the country loves the guy. was also elected and beat out the two other established parties of socialists and conservatives.
why would a 'dictator' would want to empower his citizens. do you know el salvador is a working democracy?
hmm solid point it’s probably something we’ll learn in the future
well the usa built that
yes, that is my cgi spaceship. look at the images, especially the last two man, they are literally stock photos. honduras has serious issues as a country and is not building anything like this any time soon.
that has some serious jame bond villain vibes... very cool, thanks for posting!
you mean they did not build it in a week?
i think he meant it if the source is legit
i live in el salvador, i voted for him because he promised he would build and airport in my hometown and i'm still waiting.
if you are so smart explain the process. i happen to know a little about power generation
reposting this every time a troll keeps posting fud about el salvador: > the situation has been changing fast since this president took over two years ago. criminality is dropping dramatically, the economy has improved and he has 90% popular support. > > more stats: > > el salvador (on average) is less dangerous (well, less murdery) than st louis mo or baltimore. > > [el salvadore]( 2018 = murder rate 50.2 per 100,000 > > [st louis, mo]( 2020 = 64.6 per 100,000 > > baltimore, md 2020 = 58.3 per 100,000
my family escaped el salvador. go talk about something you actually know
[google image search for “data center render for marketing”](
i finally smell what the rock was cooking
i can taste the energy
🎵 when i feel you transaction like sats are coming my way 🎵
clap clap, clap (slow clap) yeah, what happens to btc, if china bans el salvador?
that should not be much of a concern because china owns more than 1 trillion of us debts
china controls bitcoin is el salavador!11!
so you call them steam hams even though they are clearly grilled?
that is different then global warming isn"t it? however the shelves in stores are filled with approved poisons. nothing from the governments the un the greenies. garbage dumps filling up with unwanted consumer crap but nothing from government the un just glibal warming bull donkey. it is all about money power and control nothing more.
really that is what al gore said years and years ago. do not hold your breath.
you really shouldn’t call people dumb if you think the scale of climate change is 10 to 15 years.
and what scholarly journal articles are you referring too??
everyone here high on hopium because bitcoin to usd got cut in half. thinking el salvador. one of the poorest latin american countries is going to make this. lmao
i love bitcoin but you're right, i'm pretty sure i heard that these volcano mines cost upward of 500 million to create
found the coolest :3
cryptocurrencies allow humanity to harness previously untapped natural resources. where it never made sense to build a hydroelectric dam or a solar farm or a geothermal conductor, it now makes sense with bitcoin. there is so much wasted renewable energy on this planet that is otherwise unused.
lol security. you cannot even buy a nice car in el salvador.
lmao. you think this operation would cost millions? more like billions. imagine if something this grand only was a couple millions.
i do not understand. how has bitfarms paid you out handsomely? their ipo just happened on 6-21-2021. they are up 30 cents since then.
good point! would be required at least. vertical beam which carries loads = column or pier, but that’s just fyi.
i bet 90% of russians love putin, too.
dictators care about being liked by the community just like politicians. it makes ruling.
just like china is building this one.
this is el salvador not honduras
as cool as it is, all i could think of was dr evil's secret volcano lair when seeing this
well china could probably do it in 3 days lol
oh i see :d thanks for clearing that up :d
well i think so lol
>a little you do not have to say that we can tell.
there's also no crimes in china. because big brother is watching you 24. if the government are the criminals, they do not count into the statistics.
it's igneous that is why.
take my free reward 🤝
which no doubt they will! they along with the world banx want to crush crypto!
japan japan is the largest holder of u.s. debt, with .266 trillion in treasury holdings as of april 2020. this is the highest level of debt owned by japan in several years, beating out china as the largest holder of u.s. debt.2 the increase in japan's holdings is its largest since 2013. the low and negative yield market in japan makes holding u.s. debt more attractive. japan now makes 18% of foreign-owned u.s. debt. china china gets a lot of attention for holding a big chunk of the u.s. government's debt and for good reason, given its rapidly expanding economy. china takes the second spot among foreign holders of u.s. debt with .07 trillion in treasury holdings in april 2020, just behind japan.2 china has trimmed its holdings and this is the lowest amount held in the last two years. it currently holds 15.5% of the foreign debt.
"because china owns the us" there ya go lol
lol, problems are happening all around us, you just don’t see it in the west side of the world yet. r, do some research
climate change impacts occur very slowly over a hundred years with small impacts in the short term the aggregate into huge problems in the long term. look at california power being shut off due to wildfire for example.
go do your own research it will be eye opening.
got cut in half after 10x in one year. or even better, got cut in half after 60 times in 4 years. or even betterest, cut in half after 200 times in 8 years.
do not underestimate nayib bukele!
> because bitcoin to usd got cut in half. some of us were here 12 - 36 months ago, it is not cut in half bud great math and assumptions though
don’t worry y’all, he’s mexican. the hate for salvadorans runs deep. don’t be mad bro, salvadorans still love tacos.
but who knows what a bunch of off-shore crypto brokers and questionable funding will accomplish. i'm taking bets on cartels dumping money in exchanges very soon.
you mean to say, humanity's hunger for energy is ever growing and it is now so bad that we're considering more out of left field options. in the greater scheme, i'm of the belief that crypto is just a drop in that bucket anyway.
i... what? it's *always* made sense to build hydroelectric, because we're rapidly approaching our acceleration towards the event horizon of unsustainable energy practices. i have no idea where you got the notion of this from, but all crypto does is offer a different kind of incentive to build these facilities for generating power. even if these facilities were built, do you honestly think they would only be used for mining cryptocurrencies without some kind of an uproar and pushback from the people? who would even sponsor the construction of these; a private company, a corporation working with government interests?
with a username name like that i understand why you feel salty. always trying to put el salvador down every time something related to the country comes up. my question is why are you guys so salty about such small country?
where in my comment did i say that? i doubt this would cost a billion dollars, but way more than a few million. ever hear of a reit? ever consider that more than 1 investor might want a piece of action like this? i think you’re in over your head on this subject matter.
first, i could have privately invested and made bank in this ipo you speak of. secondly, bitfarms has been trading on the tsx since 2019. i got in at .70 and sold at , , % of my total holdings leftover.
so what? those people are not dumb. just lack higher education.
no they don’t and again have you ever been to el salvador? they love him for the hardline stance he has on the gangs and drug lords there.
like forcing telecoms to pay if they have towers near jails. all telecoms pulled out. el salvador has an issue with extortion from behind bars
funny, considering most salvadorans have access to twitter. good luck trying to get that in north korea or china.
thank you for the misinformation sir
china does not fund this project
and they could even ban it and thismantle it before the end of the week!
it is cgi but that is supposed to be obvious this is just an image to show how it will look like
i got some lava mined bitcoins
that's a mis quote
global warming is real but if you wanted to convince people it is all overblown and the people who believe in it are insane you would link
i don’t have to wait i’ve been watching it for 45 years.
i reckon you wouldn’t know what a credible source is if it smacked you in the face mate
yeah there’s no way they can afford a place like this. sure is pretty though
how many of us got in at 10k lets be real, very few. rest likely bought when we started mass adoption in 40s and 50s
only thing that matters right now is it’s down about 50%, if you are holding you lost out on 50%
the proposed plant is 95mw, so he is well within one order of magnitude
bitfarms is located in canada where there is an almost infinite amount of untapped natural resources and renewable energies. we cannot pay specialists and professionals enough to live in the far north, maintenance costs far too much, the energy loss is too great and the infrastructure involved with it all proves too expensive -- unless crypto is involved. it is the only idea currently that can solve our energy crisis.
what? mexico is shitty too. the coca cola factories here get raided by cartel. it's always hilarious
you can buy a porsche, there is a dealership. just not accessible to most of the country. geeze 95 percent of reddit didn’t even know el salvador existed before this bitcoin crap. are they going to be able to build this place? probably not since having that many windows in an area that’s prone to so many earthquakes would be stupid. that’s why most of the developed houses are made of cement and rebar.
twice even, if it is a good week.
yeah i just relied to this comment who asked if that is real. maybe it was irony and i did not get it.
if the world is on the verge of collapse it is from the orcastration of governments and the un not the sun and earth and co2.
ohh you’re a boomer lol explains a lot
maybe instead of trashing me you should go do some research. creditable in science paid by corporations and government hmmm. but go do some reading and use logic to weigh the information that might be skewed by government funded supposed scientists. truth is these days people who report the truth are fired from jobs, loose their licences to practice medicine, and are marginalized and attacked by kooks who do not read or investigate. i support you in educating yourself.
i'm sure this would be built as a private and public co-op, and most of the money for construction would come from the private funds, while the state would "buy" the land as their contribution to the project. i could be wrong, but this looks like a very reasonable project. will it look exactly like the renders? no. does that matter? no. the only thing that will matter is how much btc they can mine.
some got in at .4k. some higher and some lower. in 4 years you will be wondering who got in sub 100k.
i got in at 10k but only with 10 dollars
got in at 12k after the crash from 20k. was in the negative for a year and averaged down to 7k before this massive bull run. sold a little bit but kept the majority. always kinda chuckling at how the media, doubters, and newbies all say the exact same thing every cycle. it’s uncanny at this point. just buy more. i’ve stopped doubting a long time ago.
lol so it is true -- it is indeed the same shit every cycle. i got in at -"mass adoption" were going to get screwed and never make their money back. diamond hands prevailed. we're also not even close to mass adoption. for example, women are finally coming over to crypto now so there is \~50% more potential users that weren't there before. until our parents are buying crypto in large amounts, we have not reached mass adoption. the internet took 20-30 years remember.
honestly most of the people that got in at lower places don’t talk about it. some do but there’s definitely a trend with talking about your satoshi’s .
first buy was at 3.4k. everyone i work with thought i was crazy, they still do.
this sub already had 1.5m subscribers before this bull run started last year. yes, a shit ton of people fomo'ed in after 40k, but to say "very few" bought before 10k is simply not true. there are lots of people here that got in when btc was way under 1k (14-16 bear market)
you are picking one specifically date to compare todays price and saying that i lost 50% based on that. that makes literally zero sense. you could say that i lost the opportunity to sell at the ath and buy back again later and i would agree. but i dont have a crystall ball and have no intension of timing the market. i've been hodling for years and have a very confortable life, financially speaking. yes, i could have more btcs if i had sold at . but i could also have more btcs if i knew the lottery numbers. missed opportunities are not losses.
not if you bought in below this price ?
love your own people pendejo.
hahaha what do you expect of these people. they're suddenly bukele's best friend and experts on el salvador when clearly they have not researched much about the shithole that el salvador is. realism is dead.
but does he look like a possum? sorry my wife always shown me memes of that norman guy that looked like a possum. i don’t know. as a foreign that always visits this guy def gets a better response than the people fml and arena always put out.
power is a helluva drug, i wouldnt bet he is not a saint and probably is set for life with a secret account in the bahamas... but you cant deny that he did in fact put el salvador in the eyes of the whole world with this bitcoin move.
and what about china or north korea? i’m sure chinese and north korean citizens can easily access twitter lol. obviously a developing nation such as el salvador lacks the infrastructure to provide easy internet access. but many salvadorans can and do use the internet freely without government censorship. comparing el salvador to the dprk and china is laughable. do some research before you start talking nonsense. besides the salvadoran constitution restricts presidents to 1 five-year term. china is a 1 party state that recently removed presidential term limits and north korea is ruled by an actual dictator. don’t be a fool and talk about something you have very little knowledge of.
holy hell you're dumb as shit.
i’ve lived 45 years. you stereotype people based on one piece of somewhat irrelevant information. who is behaving like a boomer? are you racist and sexist also or do you just judge based on age?
let's look at it this way. what's more likely, big government is paying billions of dollars to fund green programs and charging thousands of corporations taxes, not making any money off it and covering it all up by paying more millions to scientist to make false claims. or it is real and the countless independent studies have proven it to be real are telling the truth. but people like you are either trolling or just too brainwashed by some sort of hate for a group of people with different political views. so they produce insane amounts of misinformation to spread on facebook echo chamber groups, and you gobble that shit up like the sheep you are.
they could be mining btc in a shack ina landfill and it would still be beautiful i’m all for whatever they are building. the render was too optimistic for me to believe
its a start buddy
people who were ridiculed for buying at ~.4k at the absolute peak of the last bull run have still nearly doubled their investment even after this price drop.
i won’t trash the area. it’s got it’s issues like all of central america but they are some of the nicest people. my wife is from there and we go every year. it’s beautiful but you just have to take the good with the bad.
lol 🤣 he definitely does look like a possum. in fact, his nickname is "el tacuazin peinado", which means the combed possum (because of his slicked-back hairdo). nayib does know how to play a crowd, i'll tell ya that.
that is an interesting arguement. however when one resorts to name calling that usually means they are clueless.
wow you packaged it up real tidy to control the points and narrative. it takes far less time to lie bend the truth and sell it then it does to do real research to prove it.
lol always made me laugh. i hope it gets better. i love visiting el tunco and other areas. my wife is from st tecla. never had a bad time here.
i have never seen a politician not looking for attention. thats how they get to power, by being full of themselves. trump being the most extreme example of this.
lol, likewise i’ve actually been to el salvador. oh and by the way the murder rate has fallen dramatically since bukele has taken office and he still has a very high approval rate. how much is the chinese government paying you to shill their asinine decisions? can your friends tweet about tiananmen square or thiscuss the current uyghur situation? also, i’m not down 60% lol, but nice try. why are you on a bitcoin subreddit if you’re so against it?. anyway’s i’m not going to spend more time arguing with an obvious troll. good luck buddy
there is no point in trying to argue with people like you.
buddy, i could say the same thing to you that is how arguments work
i feel bit by bit it is getting better, but just because it was inevitable lol. santa tecla is pretty chill, i currently live here and never had any problems.
of course not. you have no arguement? or do you? call me names tell me then after i call you on it telling you name calling is not debate you say there is no use in arguing with people like me? argue? debate. you and others are claiming there is man made global warming not me i have nothing to prove those who make models claiming it is science are the ones who need to prove it not me. ask al gore the usa should be under water right now using fear and making up stories and 24. anytime you are called names and marginalized for asking questions or bringing up facts there is something else going on not science or facts. you can not talk with me because this must be something other then facts. or you would school me in the facts.
you have to prove not me. you have the theory not me.
you’re literally just too dumb to waste time on no offence
argue with you? about what? that humans have had a significant impact on climate change? there's nothing to argue about, you either look at the overwhelming amount of evidence that has been collected by people infinitely more qualified than you or i and understand why man made climate is a fact or choose to be ignorant and live in a fantasy world, arguing about this with you would be on the same level as trying to explain to flat earther that the earth is not actually flat (wouldn't be surprised if you believed this as well) but besides all this i highly doubt someone like you would ever start an argument or debate with the intention of having your mind changed, in other words i would not be wasting anymore of my time on you, have fun arguing with your own imagination.
not true at all lol. you have the theory that goes against most, if not all publicly available and credible sources. your stance is ridiculous to the point i cannot tell if you're trolling or not.
this is what happens when trying yo have a debate with believers in man made climate change. they name call and provide nothing of substance. yes i will just believe you all because you call me a climate denier or an anti vaxxer or any of the labels you guys have contrived for asking questions and demanding real science
hmmmm yes carbon credits will work maybe killing all the cows will work and no more private cars maybe just for thr important people we unimportant folks can take government run transportation and we can pay taxes on any item they deem climate change relevant maybe soon they will tax bathrooms in your house bedrooms children and pets products. sound like we will stop climate change we just have to pay them because big corporations selling and buying carbon credits will save the world.
you are being ridiculous i am making no claims outside we are in normal earth cycles created by our cycles around the sun and the earths magnetic field. you and the supposed government funded scientist are making up theories. earth has gone through many documented cycles over millions of years to claim humans are changing temperatures on earth is hilarious especially since core samples show there has been 10x the amount of carbon in the earth atmosphere and life thrived wonderfully. earth has been much hotter and life thrived wonderfully on earth. to tell me i am the one who has to prove something is you controlling the narrative and points go read up educate yourself use some logic to put things together because the theories global warming alarmist keep espousing like propaganda has no merit. logically illogical with information available to us.
or in your case simply calling me names just brilliant.
i’m not going to type it all out for you. there’s no point because you don’t clearly don’t have common sense and can’t properly piece things together. if were in person, i’d probably have more patience. but no, your thinking skills are clearly too gone. earth is fucked, we’re all fucked. when it starts happening, you’ll remember today.
so that is it earth is fucked i get it now.
i like how they acknowledged bitcoin was worth 40k dollars and said the cash was better because it was real.
i have made many of the right decisions in my life. thank you ladies for confirming :)
damn, this made me feel better about myself, a lot.
everyone commenting about how terrible women are in here as if he probably didn’t ask 500 women before this and just clipped this response lol
honestly i'm not even mad at these girls because they just do not know what bitcoin is. it just shows we have a long way to go and we've got to keep working at it!
maybe ask some women who arnt black out drunk
i've stopped advocating for bitcoin and just stfu because there are a lot of people i've come across that have the same sentiment as the chic if the purple. they like to physically hold their currency (albeit paper). no different to the people who swear by gold (or silver).
i just bought the dip.
that's not saying much. these two look like they would take . they look like they have a shared iq of 5.
we are still very early.
you could probably have asked them to choose between a snack and something to eat and get the same result.
drunk american college girls will basically have the wrong take on everything so this is not really an indicator of much.
why shit on them though ? clearly they aren’t that educated on the topic and insulting their ignorance on it isn’t going to help folks adopt it either
her: "i do not know what bitcoin is." also her : "it's a scam."
they sound like old people…
i love when people defend their incorrect position by getting louder and more emotional because their ego is under fire. add alcohol for increased effects!
omg this was so much hotter on mute
believe it or not 90% of the population out there is as dense as these two.
the amount of neckbeard energy in this thread is insane. i love how crypto bros take the intellectual high stance for just saying bitcoin good face it fellas, whether they know about bitcoin or not, these girls are still higher up on the dominance hierarchy as compared to most of you.
to be fair they are probably just idiots regardless of their level of knowledge on bitcoin.
lol - give them a break. young girls who are drunk.
don't gotta worry about them taking my btc if we got divorced i guess
fyi 95% of people are like this. i remember asking my brother if he would prefer .01 btc or 40 dollars for his kids bday present several years ago and he did not want the bitcoin. the btc is almost worth 10x today. most people think you need 1 bitcoin to have bitcoin so they believe it is too late already anyways. they do not realize you can have fractional amounts and if it goes up 2-10x their investment goes up 2-10x as well (or down lol). when i overhear my friends say is not a bitcoin a scam i just smile and do not bother correcting them because i want to price to stay low so i can get more.
i'm gonna protect my virginity and take the bitcoin
speaking of scams, how does the ? maybe a tank of gas?
ask random people if they would take a 100oz silver bar or , and most people would take the . even though 100oz of silver is worth .3k
sums up most of the old banking and finance community rn … one day they’ll get it.
they’re also hammered so there’s that
they were drunk - and uneducated
they are able to take possession of a . they have no knowledge of how to confirm the authenticity of a bitcoin transfer. they would have to make a wallet, keep the key somewhere, do it in a way that the person helping them set it up isn’t able to steal their key, confirm that the bitcoin has been transferred. and then there is an entirely new headache to actually get the bitcoin converted into dollars. i think the answer is completely reasonable when they have no practical way of accepting bitcoin or transferring that bitcoin into something useful for them.
mcdonald employees of the month really soon
that's natural selection in action
they’re drunk and young so yeah - about what i expected. i forgive them. *buys the dip*
lol spoken like 2 people who will be broke forever
the fact that i’m in poverty and these 2 will most likely live well through life makes me feel like a fucking failure lmao
lol “i don’t even know what bitcoin is” was this clip from 2010?
ever seen the mark dice videos where he asks californians if they would rather have a 10ozt silver bar or a hershey's bar?
i think smart people will choose bitcoin anyway. those who understand him at least a little.
yes we are still early, my barber of 8 years still think its a scam
they are way to drunk to be answering that question logically. i would ask them at an interview in the future after sobering up.
this is gold! (this is bitcoin?) that saying seems out of date.
i object. relevance? \- sorry watching too much johnny depp trial
i got a crisp benjamin for anyone who wants to trade a bitcoin….
to be fair they are right, no one could predict a the time
ask the drunk girls!
i was the same in 2011. in terms of bitcoin knowledge, not hot or sexy.
they will be voting
people like this wonder why are they living paycheck to paycheck.
jesus christ, they better hope they marry somebody way smarter than them.
not exactly girlfriend material
glad to see i am a genius in comparison
drunk and stupid is no way to go through life, ladies.
we're early, yes. but those girls are also dumb as fuck.
is this really the future of our country. i'm really curious what the answers would be from the same age group in other countries. i'm scared. lol
this is symbolic of american women: entitled, stupid and alcoholic
you can’t snort a line of cocaine with a bitcoin
"i do not know what it is but yet i have an opinion"
i've seen this before, it is pretty old.
i love how they talk about how the "real". most of my paycheck never converts to "real" dollars. it gets sent out via electronic payments and i usually use my debit card. it does not feel any more "real" than btc
"i do not know what it is so it sucks" is too common these days
wife material right there.
these young girls are drunk and having a good night out. clearly they don’t know much about bitcoin and that’s okay because most people don’t. it doesn’t mean they can’t learn when they’re not hammered. why does this then extend to generalisations about women? pathetic
would you rather own 1 bitcoin or 21-1oz gold coins? if you answer bitcoin you're lying to yourself and have probably never held gold in your hands, definitely never held or will hold a bitcoin 🤣
you cannot reason with drunk people. period.
great post! one of the very first funny videos ever cross posted to r🤣
grab her by the bitcoin
this is probably quite a common attitude, they will be the late adopters
they're gonna writhe on the floor like slugs in salt when they sobar up
i wonder how these two will turn out in 10 years. either they’re dumb or i’m the bigger retard. we’ll see lol
they are drunk as fuck, this video does not mean shit about being early
the highly upvoted comments are heavily filled with incel energy.
the level of misogyny in this thread is palpable. why do you think women fear entering this space? when you're calling them "sluts" and "hoes" for no reason at all and perpetuating baseless stereotypes on women?
next ceo’s of: the washington post, cnn, twitter, the new york post etc
i mean he is asking drunk girls that barely made it through elementary school.
talk to the average person and you’ll be shocked how dumb they are, then remember that half the population is even dumber than that average person. it’s amazing we’ve made it this far as a species.
someone ask this in r
he should have given them .00 and said, remember this conversation. ask everyone if you made the right choice, and let this be the most expensive lesson you've ever gotten.
they 2 girls on a night out. 100 bucks they can spend there and then or something they do not know hardly anything about? too many comments here saying they stupid, are they ? i think they just 2 young ladies out having a good night and on that night out the currency $. saying that though, anyone want to send me some sats to test out my wallet ? i downloaded electrum but it is empty.
this is probably fake (acting) or extremely cherry picked after asking lots of drunk people that do not know what they are saying. i do not know a single person older that 6 year old that would answer "a hundred dollar cash" to this question
i hate the these types of people. they prey on drunk women to either shame them to get views, or try to sleep with them. it’s trashy and filthy everyone in the comments section saying “these girls have an iq of 5” are dumber than them. fuck this
to be fair, these two seem like they would be out of the loop on most things in life.
those chick's will be some poor guy's problem and pita one day.
to be fair here your not asking the brightest group. these 2 are hammered & will probably choose a dick over bitcoin lol.
please please just let women take over the world already. we are wasting such an intricate depth of knowledge.
man i need some of these straight dollars their talking about thou.
btc 100% but it is only for those who know its true value. now it takes so long to save up enough usdt to buy at least a decent fraction of bitcoin
lol, they act like their dollars have an intrinsic value.
wow, just wow... he even tells them outright that a bitcoin is worth , and they still want just a .
to be fair, this is a problem bitcoin faces. we are still early.
22 year old boomers
this is the kind of woman i'm looking for to be my next ex-wife.
god damn, this even isn’t about being early this is about people being genuinely stupid. it’d be one thing to be totally ignorant of bitcoin and choose the cash, but then he tells them it’s ,000, and they still want . forty fucking thousand dollars, and they’d rather have . so dumb that it hurts
damn! boys, not all girls are this "lost". i'm not as hot as them, but i know my sh\*t! :)
never ask a cumsock for financial advise
ah yes, drunk 20 something white girls. the apex of society.
i love women like these 2, they come to stroke my puppy everytime 😆
i knew i shouldn’t have let her out
has anyone here ever turned btc into cash?
the sentence "have fun staying poor" springs to mind...
10 years later , the same girl on a first date… “so are you into bitcoin?”
found the lower end of the iq bell curve...
talk about dumb and dumber.
i would take the bitcoin, sell it and buy good dividend stocks!
i'm sure in a few years bitcoin will be inaccessible to most people. and its limited nature will make it very valuable, so now is the best time to invest usdt in bitcoin and hodl
if you asked them if they would rather have i'm betting they wouldn't have passed the marshmallow test as kids
think this might belong over in r...
i like how even after he tells them what its worth they still prefer 100 usd...
these girls are probably \*thrilled\* they are all over the internet and could not care less how fucking stupid they sound
"early" posts video from years ago.
he didn’t ask the sharpest pencils in the box though, go to a place with higher average iq and try again.
people be proud to be stupid lmao
they wouldn't know what a share of tesla was either...
would you rather have a billion dollars given to you, or a book on how to make a billion dollars?
this is the raw emotional response to reject crypto. you can see it wrapped up in all sort of weird arguments in subs that for some reason hate bitcoin.
people live in their own bubble, but i like how strong they defend and their opinion is for 🤣
to all the people who keep saying "people will adopt it because the technology is better"... this is who you actually have to convince.
you don’t have to be smart when you’re pretty.
lmao i came here from r'all are a bunch of sad mfs, patting yourselves on the back for being smarter than two black out drunk girls lol.
those are not random people. those are random dumb hoes.
was the question if they were willing to have a threesome for ? they will take the !
so consent people out there just a confused boomer…... would you consider the girl on the right in green to be under the influence and if so would it be wrong for someone to hit on her and proceed if encouraged? do you think she can make a clear consent decision? as to btc this gives me faith regarding the size of the untapped market.
these people vote, js
wow they are dumb
but can they …
if only i bough btc when i had heard about it for the first time... now i buy its fractions on finex waiting for the dip periods
stone age of crypto now.
this hurt my brain. so. much.
definitely not financial advice
this confirms that i'm making the right choice
this is a great advertisement for staying in school.
what the actual hell, i do not mine or trade coins but i would take the one coin and get the cash from it.
the common understanding is a physical dollar has “real” value and a digital representation is “fake”. the same people turn around and freely except that their checking account, which is purely digital, as “real” value. maybe it’s because they can withdraw those little green pieces of paper that gives it that “real” value sentiment?? 🤷‍♂️
not just because of that certain topic, but more because of the two young women who got asked, i feel really embarassed being part of that generation. just the mindset and the massive leak of knowledge so many people have makes me doubt a lot in our society. change my mind.
i live on mars with jo jo dancer
un argumento más y a la rubia se le escapaba una teta
i’ll pay one bitcoin to ensure i never have to hear these two again
your asking people that have no interest in finance and investments, let alone bitcoin, so not surprised.
i just wished they actually owned some btc so i could buy it from them at 100$.
can you imagine a grandpa than? dex and crypto hardly will be for everyone, if ever
i've talked to stupid people before... holy fuck my head hurts now.
talk to me i'll take the coin
this is the most "le enlightened redditor" comment section i've seen in a minute
i mean... shes got a point
they do not know what dollars are either
so what? i’m not here to educate idiots. just walk on and leave them to it.
heeheh let us ask the stupidest demographic: drunk college girls.
this is the confirmation bias i’ve been looking for!
this proves nothing... you can clearly see they are wasted out of their mind.
well they are drunk college girls. if he asked them if they wanted a shot or . paaaaarty!!
i'll take the green one. probably wouldn't if my phone was not silenced.
those are wsb mods
more bitcoin for us.
they are for the streets
i’m embarrassed for them. smh
my shoe shiner said he would take cash over bitcoin. time to buy!!
still crazy that is an issue
🤣🤣give me the bitcoin please
when your to stupid to know the value of something and someone offers you a hundo for the miata sitting in the driveway that your grand dad handed down to you.
got it. buy more.
yet they keep all that "tangible" money in a bank...
my 11 yr old daughter could answer this correctly.
to the drunk, we're still early. :d
one hundred is still bigger than forty so id drink to that
they still use cash??? they will make some lucky man very miserable
to be fair... i'm not sure why we'd be expecting "quick maths" from drunk people in the middle of a night out... these tactics should be left back in 2016.
age like milk i cant wait.
you might as well go to the special school and ask them. honestly, you might get a better response.
to be fair tho they are absolutely shit faced
i have to be honest i was pretty convinced by them by the end. very compelling.
i never understand the argument of "bitcoin is not real" lol... it is as real as the digital money sitting in your bank account and as real as the e-transfer you send to your landlord to pay rent. you can always withdraw bitcoin to your local fiat physical currency if you so choose... 🤷🏻‍♂️
just think, they have been able to vote for 4 to 5 years.
the bitch is in 2022 and doesn’t know what bitcoin is lol. even a caveman has access to the fuckin internet these days. you don’t need to be a fuckin genius to know about crypto. idiot!
ask those same girls, which weighs more a pound of feathers or a pound of bricks and they’d say “actually, i think feathers”. so the fact that these two chicks are not a good argument to use lol.
to be fair, this is a group (albeit small) in which the "smart one" is evidenced by the fact she can use the word tangible in a sentence.
when you need confirmation of whether you're too late to get into the market - here you go. you are way early.
"seems fake...ngl" i lost it 🤣
i mean you can ask this idiots what’s the capital of the united states and they might respond with new york… so that’s my 2 cents
might have a point. the tangible thing maybe. i mean, can’t light a cigar with a bitcoin.
interesting experiment, i wonder how it would work asking people who aren’t drunk .
im going to be a filthy old man millionaire.
askin a couple drunk girls who have no concept of the market…
to be fair these people would probably take
they'll never even have the , because they go out to have men pay for their drinks. silly girls.
why is her face so red? 👺
christ this was hard to watch.
is better to have have 100! ppl so stupid
people did this but with chocolate bar or bar of silver and actually gave people the item. everyone picked chocolate.
i’m gonna go around asking ppl this same question and see what results i get
i honestly can’t blame them but oh man was this cringy to watch
bitches be crazy - gandhi
lol, can this be a real thing, i want a fucking bitcoin
once they can convert that bitcoin to shoes, they will take the bitcoin every time (source, lady friend actually keeps asking when she can start buying shoes with her gains)
i need to find some bimbos with bitcoin they do not want, stat!
i don’t think it’s a question of being early. rather, it’s just a question of these two being really dumb bitches. the one in the boots could get it though. just saying, i’m talking “straight cash.”
anyone that wants to trade 1btc for ’m here with hundies to hand out all day. hmu.
seems like typical drunk college white girls ages 18-23.
the most interesting thing of all, to me, is that they were able to give a direct answer, right after admitting they did not really know what bitcoin was. i question how that even happens... but i often forget instant gratification is a thing.
we're not early. 1 trillion dollar is not an early milestone
...ask "randoms" is now 2 very drunk, not too bright young girls on saturday night at the thisco. lol. but yeah, still early, but not because of this.
can i find some friends here?
first i thought this was from 2010, could have been excusable these guys are dumbfucks whether or not bitcoin goes to zero next month
this give me hope of one dollar bill and strippers will never thisappear
wifey material! they won’t take your bitcoin in the even of a divorce
urge to impregnate intensified
man this hurt my head
"bitcoin is at 40k" "i do not give a shit, give me "
first they dont understand how money works 🤣
cute girls clubbing are not exactly representative.
i'll take one bitcoin over , baby
thats why there’s a wage gap
ask them if they would rather have . is google early?
are green dresses and white cowboy boots a thing?
they will have to pay a high price in future, i guess...
i really cannot stop laughing to be honest. i do not know why i find this humorous. can someone show me how to invest in bitcoin please? sounds like it is a big thing already.
no mms. at first i was guessing this video had been recorded when bitcoin was worth a few dollars and pretty much no one knew about it but these girls are talking shit rn when it’s valued at 40k 🤦🏽‍♂️ that’s some real idiocracy type shit.
random drunk girls, who are also very young. you cant expect better answer then this.
don’t know what you’re talking about but it’s a scam
i mean, i wouldn't take drunk american chicks at the bar as a metric for the progress of ideas. ask them about microwaves, flat earth, global warming or racial'll feel the pain of how backwards the common sense of their demographic is.
this hurts my soul. and further thisappoints me in calling myself american. oh god
on the day bitcoin was legalised in its second country...this is the top post 🤦
that robotic voiceover is pathetic. fuck tiktok.
you want to use this example to prove that we are early, are you sure? i'll will be early at everything if i compare myself to how stupid they are. notonly because they do not know bitcoin, it is more about how they talk,:if i do not know it =bad, not hey maybe i can get informed about it, and the fact she chose 100$, she could have just asked.
cool so these drunk retards don’t know what bitcoin is. is that supposed to make me feel better or something?
those are the same types of people that can make more money than most people by selling feet pics on the internet. shit is wild.
ask them autocracy or biden, there is your real answer
the ignorance is strong with these two 🤣
i just bought some more.
i like that term, "randoms." more clever than dumbasses, but not better than jabronis... i weep for the future children of this "randoms"
probably want the cash in hand rn.
yeah i take the 40 grand
every time i see something like this makes me lose faith in humanity. are they the common denominator or are they the bottom of the barrel?
to be fair, there was a video just like this with someone offering people on the street silver bars or hershey bars, and quite a few picked the chocolate.
these girls probably do not realise you can sell a btc for ...
this is who i take financial advice from.
you’d think gen z would be in the know with digital currencies. then again, when i was that age i was doing the same thing, and totally unaware of anything to do with investing and tech at the time. if i had invested at that time i would have been on the ride for the longest bull run in stock market history.
and now please tell me the average people are not dumb as fuck? 😂 don't care if they are drunken. dumb drunk same as not.
idk why these girls are getting shit on, they are choosing to deal with what they know and aren’t willing to take a risk on something they don’t understand. which ironically would probably make them better investors than 90% of this sub. lmao
straight dollars… 💵🔪. 15% inflation.
i’m pretty sure they’re joking…. i’m hoping they’re joking
guaranteed they would have chosen shots over .
i’ve been into btc since 2011 and even i would struggle to explain how blockchain tech works if i were that lit. honestly, when you get down to it they reflected a sentiment that warren buffet has advocated for years. it’s just easier to punch down for clout to make people feel smart.
she actually said tangible
the average person has no idea how money works.
this is why society will never progress
yeah let us base our buying on the opinions of two young wasted chicks at a bar who do not know shit about fuck when it comes to physical currency let alone a digital one...
no offense to the ladies but the sheer ignorance seen in this video is just incredible.
hmmm, they probably thought they would win .
hardly a great sample to base anything from
you can make it rain 100s but not btc. pretty clear choice
they are asking kids. ask some sophisticated grown adults this question. i’m actually curious of that outcome.
i’ll take those two rocket scientists over the people who claim to have bought bitcoin pre 2009. i’ve heard numerous people claim to have bought bitcoin in high school and how they would be so rich if they could remember the password to them. they went to high school in the early 2000s. at least the two in the video are idiots and not liars.
i hope this was asked in 2018. lmaooo
they are fking drunk and stupid
you are correct. we still have a long way to go before we hit mainstream. however, these two arent the best example. ask them what the declaration of independence is and i doubt they would have an answer
they just aired this on fox news lmao 😂 (my family watches it, i happen to be in the room lol) fox was not bashing though, they were like "i'd take the bitcoin". (stuff like this happening on fox news gives me points in persuading my family to get into crypto)
what the fuck produced these.
my neice would be calling me at 2am asking how to get this bitcoin on her cash app lol
our generation is failing
some of you know that there are women in this sub, and that women also invest in crypto…right????
look up stupidity in a dictionary and you will find this video.
these girls are dumb drunk broads.
him: them: him: bitcoin is ,000 tho them: can bitcoin get me more beer? 🤔 [*doubles down on answer]
he asked the top minds. got the top answer
co cai ne is one hell of a dr ug!
the same level of ignorance these girls have shown could have just as easily been from 2 guys. come on people!
what’s she mean straight cash and it’s better to feel it? she’s telling me she’s not about to put that 100 in the bank and use a card like the rest of people? better yet, probably using a credit card and stretching the payments out to help that credit. a truly smart person knows when they’re stupid and that’s not you when you’d rather take 100 dollars in value over 40k because you’d rather be your version of right than being open to the possibility that you may not know enough.
they took risk adversion to a whole nother level!
if they are saying no to it... load up boys.
if you want sound financial advice, just ask a couple of slappers, good move dude.
money is something tangible.
was he trying to get them to sleep with him and wanted to see what payment they accepted?
drunk. all they first heard: do you want one hundred dollars or one bitcoin? ask “crypto” people: “would you want one bitcoin or one hundred million satoshis?”
twiddle ditz and twiddle ditz
is that new dumb and dumber movie? part 3 or smth?😂😂😂
this doesn’t belong here. facepalm for sure!
i sold all my bitcoins. thank god this video came to me 🥸
damn she really thought she was smart when she said “tangible”
i'm willing to bet my crypto wallet that the one on the left prefers anal penetration
girls are smart because they know you will probably give them 100 rather 40k worth bitcoin
wow 2 girls said , lets throw awards haha stupid gorls dont know bitcoin
to be fair, these two would take five ones over two twenties
thanks for reminding me to add more to my crypto!
to be fair they would have no idea what to do with it
i don’t remember the last time i have
there are always dumb people.
this is just drunk people being stupid. it really shows nothing.
well i think even stupid drunk i could still answer this one
this has to be staged, nobody is this stupid, right? right??!!!!
how do i fucking know these bitches are in austin
had to pick the two stupidest drunk girls on the planet for this question.
it’s the *~* c o n f i d e n c e *~* for me
look at how happy they are. the saying is true...'ignorance is bliss'
is this supposed to be validating or something
a bird in a hand is worth lore than 2 birds in a bush
a bird in a hand is worth more than 2 birds in a bush!
why are they yelling?
and they look like they have the equipment to be able to breed someday...god help us.
and they look like they have the equipment to be able to breed someday...those poor children.
the reality of current existence. that's set up. a couple of drunk 19 yr old girls in daytona? you, the makers of the video are idiots
the reality of current existence. that's set up. a couple of drunk 19 yr old girls in daytona? you, the makers of the video are druids
this does not make the point you think it makes.
"if you do not believe me or do not get it, i do not have time to try to convince you, sorry."
you can’t educate everyone and biden must be happy
you can’t educate everyone
even if you think these girls are dum, it wont change that value is based collective agreement…
well at least i know who’s running my 7th favourite companies future social media campaign on a junior level in 2024.
wow, that’s why aliens don’t invade the earth
you can’t show a video of 2 mentally retarded white girls and expect the majority of people to be that dumb tho.
that’s why aliens don’t invade the earth
you can tell they’re drunk, they aren’t thinking straight
in these girls' defence, they are visibly pretty hammered
i can’t stand their voices and i’ll take 1 bitcoin over those 2 lousy girls anytime anywhere.
i can’t stand their voices and i’ll take 1 bitcoin over those 2 girls anytime anywhere.
so... are we supposed to be shocked 2 drunk teenagers do not understand economics? nothing 4 years of college cannot make worse 😂
this video reminds me to buy more bitcoin now thanks
this is supposed to be the generation that cannot wait to use it lol
in their defense, if you first tried to explain bitcoin to me while i was shitfaced on spring break... i'd probably have sounded the same as them.
i’ll take your “fake” bitcoins haha
everyone is saying take the bitcoin and sell out for 40k dollars, which to me just proves its a scam. if people said "i'd take the bitcoin, i wanna buy drugs" i would feel like crypto is more valid. the way it is now, more coins=more lottery tickets.
to be fair: they probably have no idea how currency “works” because whatever money they spend probably isn’t theirs.
six months from now these ladies will look like geniuses. haha.
at peast she used the word tangible
at least she used the word tangible
at least she used the word tangible.
does this need to be thiscussed? of course i choose bitcoin!!
i do not know what these girls are thinking, but i'm definitely going with bitcoin lol
oh...but you will know what bitcoin is.
the last five dicks in my hand felt way more tangible and way more real. forget the 100.
these girls will need someone to take care of them.
it's pretty funny cuz strippers accept bitcoin. if you wanna know if something has value just see if a hot stripper will accept it for sex.
funny cuz strippers accept it as they know it has value. if you really wanna know if what you have is worth anything just see if a hot stripper will accept it for sex.
well, they were kind of … you know, very drunk. not necessarily a valid sample of the financially literate public.
wrap it up fellas. lest your kids be daft.
damn i hope these people don’t have kids
> “it seems like a scam” that’s because it is.
she will get it once they take all her dollars away or make them useless then she will love how she can get bitcoin no matter what, and her bitcoin is actually hers or she ends up a slave sadly thats how most will end up, probably
well these ladies won’t need a college fund for their kids
ah yes good ol austin texas 🤣
if you are asking randoms at a school thisco what sort of answers did you expect 🙄
i mean, he was talking to idiots, so.
in fairness he may never give them a bitcoin but he may actually give them . smarter to take a real offer than a theoretical one you’ll probably never get.
are we early??? there's always gonna be people who do not know something exists, this does not mean anything. i'm holding btc so obviously i'd like it to go up but this is not proof of anyone being early lmao, the biggest jumps are long gone, slow rise and stability is the best thing we can hope for.
well we are still far from adoption and these things will not matter in future people who do not use bitcoin now will surely regret in future, but atleast they have some insights about bitcoin that is a good news to hear
the fact they think any money is “real”
it's hilarious that to prove the value of bitcoin the interviewer had to elaborate on its dollar value. yet this post is made unironically
lol this is why i just smash em and leave. what you gonna do with a pussy with no brain? i mean that’s exactly what they are built for. smashing
god i am so glad i do not have to deal with screaming idiots in my 30s... oh wait...
lol this is why i just smash em and leave. i mean what else you gonna do with a pussy with no brain?
i don’t want to exist on this earth.
lol this is why i just smash em and leave. i mean what else you gonna do with a p*ssy with no brain?
i wish i could see you 10 years later. and wish to hear your exact answer as here. 😒
i wish i could see you 10 years later. and wish to hear your exact answer as here.
lol this is why i just sm*sh em and leave. i mean what else you gonna do with a p*ssy with no brain?
i need to find me a girl like this that wants me for my money but are not smart enough to have basic math skills.
to be fair, they seem intoxicated af.
yuck i can smell it from here
wow… good thing they are pretty... because the brains aren’t really there 🐦
one on right almost realized
yes let us all give ourselves a big pat on the back because we know more about bitcoin than two random drunk women.
if you do not know how to sell bitcoin like i'm assuming they do not, then yeah . either way it is free money you did not have before.
well considering...the guy did not really "elaborate" on if it was 1 whole bitcoin or a fraction of a bitcoin... i think the girls were smart to take the . highly doubt that guy gonna send 1 full bitcoin.
they’re just… so fucking dumb. i mean, i would assume alcohol is def involved here, but damn.
that was me in 2012 fml all thanks to nativity and the first article on reddit that popped up on google why couldn’t there have been more believers dammit
yeah we are all pissed here. if someone is willing to pay 40k for bitcoin that’s how much it’s worth
my iq took a shot watching this
i just love the way women always fight their point to the end….
alcohol's a helluva alcohol
im struggling finding a braincell in this video.
can't thisagree with their logic. they can still buy bitcoin with the 100.
this is the typical brain aptitude of white girls at a club so it is par for the course lol
i want to know why people would put their money into something that serves no useful purpose. it seems to me that the only useful purpose of bitcoin is sending it to someone else. it requires electricity to mine bitcoin and alot of it, meaning that bitcoin is very wasteful. because bitcoin is so volatile, it will never be useful as a currency. you cant even call it a currency because for something to be a currency, you need to be able to exchange it for goods and services, which is never going to happen because one day the price of bitcoin will go plummeting, and the next day skyrocketing. i must ask is not the reason that bitcoin went skyrocketing because of instituional investors. are they still holding a gigantic pile of bitcoin? or did they all leave and exchange their bitcoins for something else leaving people like us holding the bag? you people seem to think that bitcoin will change the world, yet most of you hold on to it like an asset, hoping that it will go up in value, so that you can exchange it for usd. if bitcoin was so valuable and revolutionary why would you exchange it for usd? which leads me back to my original point, you exchange it for usd because you cant make transactions in bitcoin. you cant make transactions in bitcoin because of its volatility. literally the only useful purpose that bitcoin serves is sending it to a friend in poland in less than a second. why do people invest in stocks? well for one stocks produce income, and if you invest in a company that provides dividends, you take a sma ll portion of that income. why does amazon, or tesla have intrinsic value? could it be that amazon provides a useful service to billions of people? thus amazon is a very valuable company. what is the intrinsic value of bitcoin? what kind of useful purpose does bitcoin serve to humanity besides wasting electricity? some of you are saying that we are still early even though its been 10 yrs. a decade from now you willl say the same thing because no one is going to adopt something that could one day lose 10% or 15% or even more. nobody wants to hold onto something that could drop from 70,000 to. 40,000 in a couple of weeks. bitcoin is unpredictable and volatile, people want a safe reliable place to put their money, bitcoin isnt and never will be that. everybody's goal is to have bitcoin shoot up in value so that you exchange it for more usd. people dont like change. look at what happens during a recession people get scared. our usd is becoming more and more worthless everyday, where is the bitcoin adoption? i thought that everybody said that bitcoin was going to be a hedge against inflation. i thought that it was the next gold. btw, i am not a boomer.
id take the girl in the green dress
this video made me buy some more bitcoin ngl 😂
i will ask this question to make sure they are not dummies.which one is heavier one kg cotton candy or one kg iron? if they say iron than conversion be over.
tik tik voice. automatic downvote!
can’t fix stupid! too bad they didn’t just run down their mothers leg.
even drunk chicks at parties are talking sense,what is happening??😂
props to the interviewer for keeping a straight face
if you ask people on the streets a lot of them would be amazed how most of the world's money is now stored digitally. i would give people a pass that they do not understand the concept of mutual agreement that a digital currency has value to a huge number of people.
they will be the same ones trying to buy it at .
i literally slap myself in the face. didn't know 100 dollars was more real than 40k dollars.
they do not even have pockets to hold their cash lol
you're a lot more likely to have a 100 in your pockets to give than a whole bitcoin.
well, they are correct figuratively. if they had opted for a bitcoin, it would have lasted only for a second on whichever screen they would watch that btc enter their wallet, cause the very next second it would get swiped out of their wallet. more than having a btc in a wallet, its far more important to know how to secure it. in their case a .
forever dumb and broke
holy fuck these comments are so shitty. the incels are out in full force.
meanwhile, you have the guy combing through a landfill trying to retrieve his hard drive which has a couple hundred million worth of bitcoin.
they also went allowed to watch a horror movie till they were 17. sooo
tangible is a big word wow
these are not random. i mean after they knew it was 40k they still wanted the 100bucks
that sure looks like a representative sample to me
shit i'll take half a bitcoin
if only the whole world were like these ladies
same thing happens when you show them a successful male or a dude full of tattoos and drug addictions.
that was very difficult to watch.
this hurts my brain
he should have said fiat or bitcoin 🤣😂🤣
lol wtf a bitcoin is .4k at the time of me writing this comment. so these stupid drunk cum dumpster broads literally will take
ahaha i wonder how would ppl react in my country
this sub is giving me brain damage
wow, two drunk people who don’t like cryptocurrency. what an interesting video, i’m sure the comments won’t be full of vile misogynistic comments surrounding women!
thought i was on r
this is going to resurface down the line and i’m sure they will be mortified. i’m legitimately glad smart phones became ubiquitous after my early 20s drunk dumbassery was behind me.
seems to me like they are acting.
i'm not fully onboard with bitcoin but i still know i'd take 1 got damn bit over a crisp 100 dollar scrap piece of paper.
stop harassing women dude. honestly i swear every bitcoiner harasses women.
america in a nutshell
20 dollar is enough
i will give you 100 scammers please dont message me
i'll put it in both of their asses 🤓
lol. it's all about the tangibility
she realised she sounded stupid when talking about 40k
something tells me they’ll be complaining about bitcoin community not being inclusive enough in a few years (once they feel like they’re ready to join)
thots go to college to get more smarted
and they are not even hot enough to bail themselves out of life. that's the saddest part.
why is he asking drunk jailbaits?
lol those girls are drunk and dumb.
she used the word "tangible" while apparently being drunk and thiscussing bitcoin, something smells fishy here
unfortunately what they are saying is correct. we all know however not everyone knows about btc or how it works.
they’re fighting over the same brain cell
2 drunk frat chicks don’t want bitcoin were still early!!! buy the dip!!!!
they are not wrong. 😁
dumb dumb oh my fucking god
unironic celebration of self-idiocy should be handled swiftly.
girl in green just wants another baggy
we're not early. we just bought something that still, after so many years, absolutely nobody cares about.
yess we need more of these ppl... 🤑🤑
oh my god it is like my brain is melting
the way he phrased it sounded like . not or a whole bitcoin. they didn’t get that, i don’t think they’re dumb the question was just misunderstood.
it hurts all my senses to listen to the drunken banter. bitcoin every time.
plot twist. they have their own large crypto portfolios and are acting dumb.
yet i bet they would choose credit card if it was ""...
too bad they didnt ask him back what bitcoin value based on and why does it drop after each elon musk fart on twitter
let's be real. about 85% of this sub would act the same way as these girls when intoxicated
i mean both of them look at best drunk and at worst stoned like medieval witches so it is probably not the best time and place to ask
they're fucking wasted, i'd take a half eaten cheeseburger over a bitcoin if i was that drunk.
if you thismiss something hard enough, you might not seem dumb?
y’all mad but it’s because they’re right…
guys, they’re getting straight dollars
i bet that they won’t video anyone who made quick decision on bitcoin.
if he asked them "btc, 100?" they would have chosen him because he feels most tangible.
i will take both the girls
her dress is a scam.
ask annoying drunk bitches you say?
they are drunk 😂
murica... idiots on mass
"go ask wasted teenage girls if they want "
am i the only one who thinks americans are dumb?
statistically you’re going to get this answer if you ask enough people 🤷‍♂️ still 2 hilarious drunk ladies 😂
obviously...only a fool will take
so you would not convince this last resort buyers to buy, game over for btc for now
the fact that this sub has such low opinions of people, while also using this video of 18 year old drunk girls as evidence to support their stake, is certainly something. what an embarrassment this sub is.
interviewer: "would you rather have 100 bucks cash or 40k in your bank account?" drunk ladies: "100 bucks since that is real money" basically the same thing. "i do not understand bitcoin" like they understand the dollar or any valuta, the only thing they know about the dollar is they can use it to pay for goods and services and they know that about bitcoin as well. they make no sense.
this shows how ignorant most people are about cryptocurrency in general.
since bitcoin is down about 15% this year...i'll take the cash.
“i don’t know what _______ is, but i am still going to give my opinion as though i am 100% correct” you can literally apply this to so many things over recent years. fuck i hate people that act this way
hallo community! are there any crypto experts? i have read a lot of news about pandora. i am very happy about the airdrop event they present.
i'll take the one on the left and let her show me what .
i can single out obviously drunk people that don’t understand bitcoin in public too, not really hard
i do not care they choose the . they just had not looked into bitcoin. i was there when my friend told me about it when it was 4k. i did not look into it...i care that they did not change their minds after he told them how much bitcoin was. this is one example of why i have no faith in our population. these idiots can vote, and reproduce...1 thing, unfortunately, there are not age restrictions on, and the other is not high enough...imo...
are two dumb club girls really the best representative sample here?
this guy probably got chlamydia just talking to those two.
she’s never seen how quick and easy it is to turn bitcoin into cash with the numerous sites online lol
they know you can just take the bitcoin and sell it for 40k right ?
this is like that dude that was offering like a ounce gold coin or a chocolate bar or 10. i just remember nobody but like 1 person out of everyone wanted the gold.
pretty sure the people interviewed literally do not know what a bitcoin is. (i get this impression from themselves saying they do not know what a bitcoin is)
great idea, ask some drunk af 18yo what they rather take, you sure get some valid answers which represent what most think of bitcoin for sure
she’s hiding her tummy behind her red faced friend
he definitely showed them his wallet… and not the one in his back pocket. 😂
i would take sec over bitcoin but not .00.
all it takes is people to eventually learn enough to realize it’s bitcoin.
crypto has been around for 13 years. it's been around for half their lives, and they still would not adopt, even with good logic. if you do not see that as a failure of bitcoin, i do not know what you're on. if you cannot get people like these airheads to use the currency, then it will never be a currency.
what point is this trying to make ?
would you take 1000% or a house? brooo 100
this is not the flex you think it is
is this 6th st??
our future is in good hands...
these girls are probably not here because they are highly intelligent.
bitcoin is sitting on a very precarious edge. it could be wiped off the planet with a pen stroke. the american dollar is not going away any time soon.
my 8 yr old is smart enough to know which is worth more
any now they are probably working as strippers getting that 100
these big brains are going to be in charge of your retirement… were all fucked🤣
oh she said tangible that’s a big word !
i used to work for a place that would take the employees with high performance out to eat every month. they would give 3 people . there was a guy that sold his gift card at the table for “didn’t trust cards.” people be crazy.
so i guess more bitcoin for me then …
i wonder what these geniuses think about air, gas, the man in the sky….sighs stupid at its finest
you asked the wrong 50% of our society
dumb as a rock
i love that they doubled down on taking the
us education failing one student at the time… sad.
this just feels like bullying with extra steps… do y’all really enjoy stroking egos that much?
like talking to a certain recent ex us president
oh my fucking god poor usa
tbh i kinda agree with them...
oh boy here come the comments.
i think it’s a mix about understanding of what a btc is worth and how to cash it
i feel sorry for the people who are getting angry at her for not taking the bitcoin. did y’all seriously think he would give away bitcoin worth ,000 to two random ladies just because they asked or do you think it’s more likely he has a few hundred on him to give? and most likely he cut out anyone that said the bitcoin because he doesn’t actually have it and can’t give it away
this is how the “nft’s are monkey butt pics” sound to me 😂no fucking clue of anything
tell me you don’t know what bitcoin is without telling me you don’t know what bitcoin is... no really, please stop screaming
i feel this but 10 years ago. in 2012 a guy owed me . i was living in sf at the time. he paid me with a zip drive that he said had . it took me a week to find an “atm”to cash it in. (it was just an indian kid with a laptop and some cash working out of his parents store) if i would have just kept that zip drive long enough to see what my coworker already knew maybe i would be rich now. but i’m like those girls. a bill in the hand is worth more than a crypto in the bush.
men really live in hypotheticals, the guy in the video and all of you in the replies being weird as hell wouldn’t be able to give any girl on this earth any amount of bitcoin to like. a bunch of miserably lonely men grasping at straws to feel validated.
i simply can not fathom their way of thinking
women wonder why they are not as wealthy as men on avg
guarantee you they got only fans
all my technophobic conservative family members literally say the same things- how do they all synchronize hot takes?
well, plebs do not know what bitcoin is too...lol
man chris d'elias impression of drunk girls was in point
video sums up why i don’t go out anymore
somehow > ,000 to the girls of their generation.
lol bitches are so dumb
yeah this is the majority opinion. this is why crypto may take decades to become mainstream or be crushed by regulation. edit: that flair is the peak of reddit
i recognize austin when i see it!
me seeing this thread in r “what’s a bitcoin worth anyway? i have no idea. somewhere between -,000.”
hmm yes try talking some sense into drunk people lmao
i am ready to fuck anyone this morning . highly professional. add me on snapchat jacquelineyng
i cannot even... i wish i wouldnt have been dumb like that lmao i coulda been buying these fucking things when they costed next to nothing but i too was like pfft, yeah... ok... smfh
1 btc could buy a great set of tits
people are fucking stupid. i'd take bitcoij everytime because the value almost always goes up.
it would be amazing if he gave them the .
some rando interview might possibly give me , no way are they going to hand over 'd probably answer the same as them.
the experiment is being done with the wrong sex
iq level 10 😂
bitcoin or bitches? choose.
any guy marry either woman is a very lucky guy and gonna have a happy home very happy
i’ll take the right one
they look like very smart ladies 🤡
a mind is a terrible thing to waste
how i feel every time i go out and meet random people at bars is probably how this dude feels.
i think these girls deserve to be catapulted a few hundred yards.
this hurts on so many levels but mainly within my head.
this was painful to watch.
the fakness just bleeds through
who chooses , that is a foolish decision.
don't laugh at this, today at least 80% of the planet thinks the same. there is a long way to go.
why is he interviewing drunk women? klkkkkkkkk
lmao this is the attitude that keeps people broke.
newegg did this scam with me. xbox one or a 2 btc, what do you want? of course i went with the xbox.
this is terrible. this dude with the mic should do something productive with his life. there's nothing cool about finding very drunk people and asking them questions for laughs.
when you’re drunk and remember this moment in life when you’re 65 and still working.
cash baby my local meth dealer does not accept bitcoin yet...
bitcoin! are you kidding me?i can’t even read.😂
if the choice is between two bullshit hypotheticals. the best choice is a mid-range drunk white chick and her uglier fat friend. both in dime store clubware
lol leave it to sixth st sluts
reminds me of a story. i am not saying that is relevant here. a boy was asked by his uncle what would he pick a quarter coin or paper dollar. boy said metal shiny coin. one day when the boy was with his friend his uncle and friends walked up to him. his uncle asks the same question jokingly. the boy gave a dumb look and picked shiny coin. after they left the friend said do he know that dollar is worth more than a quarter. to which the boy replies i know , its just the day i pick the quarter my uncle will stop showing this trick :)
this has to be staged
the brains of most college aged girls is depressing.
they're drunk so yeah. i'd say stupid stuffs when i'm drunk too.
this is why we cannot have nice things.
if you dont want to invest it, that´s ok. just go on a shopping spree at [amazon.com](
i'll give 100 for a bit coin 🪙
i don’t think they understand the question?? you should’ve had a whiteboard!
in my opinion, the choice is obvious in this situation, but it seems that not for everyone.
i will choose the bitcoin, man i want a bitcoin so bad 😕
two young drunk girls are not a good indication of the overall opinion of bitcoin
to be fair, these people seem fucking stupid.
really bad decision to make, i will prefer bitcoin and staking it on phemex
lol let’s not judge some drunk 18 year old girls on their wrong opinions here. you survey people while they’re hammered with friends and they’ll often say dumb shit
i’m truly worried about these 2 girls. they definitely will be laughed at by so many people around them tomorrow.
that's why these people will be poor forever.
bro you can’t fix stupid.
y’all are having a heyday making fun of these two girls that seem to have already had a few drinks. they don’t know bitcoin but they also might be expecting him to just hand them , which seems more realistic of a thing to happen. there’s plenty more to life then understanding crypto. it’s easy to criticize them and say you’d walk away etc. at 22.
this is why most would not ever make a lot of money.
so we are also early with reits and spacs? i mean they won’t understand them either and prefer the cash xd
challenging drunken extroverts to think in each other's presence is always a crackup.
first things first... why are we interviewing drunk people...
this is something you see in real life where people will take cash over a gold ingot.
thanks for the bitcoin lads
they may have had a few drinks
“never go full retard”
i estimated she has an life expectancy of 75+ years, so... bitcoin adoption world wide it is just a matter of time.
this cannot be real! who tf does not know what bitcoin is lmao
these are the people that will complain about "the system keeping them down" when they are 35 with .
these girls are so faded
hehe when even sponsored post say it’s a fake scam
these girls need boyfriends to open their damn eyes. they sound like my wife when i bought in 2017.
retardation is a problem
[they were parting with jakovenko he told them what to say xd xd watch it out](
wait till you tell them about the cash they put into a bank account
avoid the dumb ones!!
well, in this case chief, i think they just dumb…
add up their iq and it does not come close to a pigeon's.😂
these gotta be the dumbest girls i’ve ever seen in my life lol
i'm glad i have btc. i think this is a good investment for inflation.
these are the mothers of future children...
bitcoin being fake to you does not mean it is not real to everyone else
lol, how is this possible 😂😂😂 i would advise you trade more tokens aside bitcoin too thom 🔊🔊 reminder 🔊🔊 ❤️for effective crypto trading use phemex exchange ❤️
i mean, i don’t believe in bitcoin long term either, but i’d still take the bitcoin and cash out immediately. >. it’s not hard math.
tbh…they’re gonna marry more bitcoin than you or i will ever hodl.
the obvious thing is she doesnt know bitcoin is 40k...thats pretty much youngins brains are ready for it. they think anime. we know wasssup!! they are all on anime they weird
am i wrong for preferring the brunette to the blond? something about her is turning me on.
? this is why aliens won’t visit us.
i cannot describe the level of blowing mind i'm feeling right now
you can hear their envy because they have not invested earlier
today, my new arrived, and it is fantastic! you can also get a 0% apr with a 2% cashback. now is the moment to seize the opportunity!
these girls just proved how stupid some people are
the incompetence is strong in these two
inverse these meat holes. you'd be financially sound.
anddddd that’s why girls are just meant to be pretty hehe lol. i rather choose an average girl with a brain rather than those two bimbos
womens rights was a mistake.
they both look like fun. the sweet things you could talk them into doing. 😂 not speaking would be first on the list. 😆
1. green dress woman is drunk and cute af 2. i can sleep well now holding my btc
true 4’s, but it’s late and they are showing leg so they’re mistaken for 7’s; and after you watch this….1.5’s.
i'd take the .
they will be waiting on tables for the rest of their lives.
they probably thought it’s
bitcoin all day … girls for one day 🤣🤣🤣
pretty sure that is cherry picked
this is the first sign of becoming a boomer. when you start mistaking uninformed for unintelligent, to make yourself feel more intelligent.
i thin this reflects more america in general tbh
this is who we’re up against
these are the girls at the party who are waaaaaay more likely to give you a blowie
good fucking lord. how confidently retarded they are. please dont breed.
must be hard sharing a brain cell
i like them dumb
pretty sure they woke up in the morning to a bunch of texts calling them stupid
women control the worlds economy. they are probably right.
lmfao some women are insane
in germany we say: natürliche selektion
if you replace "'" with "fat d" it is much funnier
what a bunch of dumb drunk twats
honestly bitcoin's tech is archaic now it is very old, feels like it peaked 2020 now it is irrelevant
this is the future of murika
they are allowed to vote?
i like her green dress. she probably got taken home that night unless her friend put an end to it.
dumb and dumber 2. reminds me of the final scene in dumb and dumber
garden tools will be garden tools
bimbos at its finest.
stupid teenage girls have no idea what they’re talking about….
this is why they need sugar daddies.
bro, everybody here is missing the point. how much is a bitcoin? 40 thousand dollars, what are they getting? straight dollars! aha! take the 100 dollars any day, easiest choice ever
this is a litmus test to find dumb, drunk sluts to fuck. i.e. don’t try to fuck the chicks who would take the bitcoin cause you can blow smoke up their asses.
find me a car dealer, a landlord, and a grocery store all within 5 miles that all readily accept internet money.
some says it’s literally worth 40k your next question should be can i sell it for that right now? answer is yes then take the fucking bitcoin… fucking bar flies
i’m dying at every cryptobro in this sub getting triggered over these woman taking cash over a bitcoin. i’m glad this made you feel smarter lol
we are not early. you just showed the dumbest people that are clearly drunk on purpose.
i will take the bitcoin and immediately sell it.
fact: the female brain is smaller than male brains
liberal democracies teach that women should have as much right to own property as men but then liberal democracies produce these garbage tier women...
ah the usual combination of irrationality and the irrationality of women on top. this will never change.
fuck, we love the smell of our own farts huh? guy approaches young drunk girls having fun in the club and we call them stupid for not understanding the nuances of bitcoin, which they they probably have not looked into at all (the horror! how dare they not share our interests!! they're probably just really dumb right guys!??)
being drunk at a party is okay. but being dumb and drunk is not so.
this is just attractive women bashing, done before and not original they probably know obvious stuff the average bitcoin bro does not
ah yeahs, nothing more expected from a community of such quality...
straight dollars over dollars every single time. who doesn’t know that?!
these girls unintentionally make a good point. even if he wanted to just give them a bitcoin he could not.
wait 40,000 dollars? what are we getting? straight dollars!
also "i dont know what bitcoin is but it sounds like scam"
if he lead with that, her answer may have been different. but she was already committed and drunk.
it's like saying you'll take a bag of rocks instead of an overseas property deed because you can see the rocks in front of you. i mean, if that is the level of competition we have in life get ready.
this touches on a real psychological trick i've heard. people unconsciously put more value on physical cash than digital money in a bank account. so if you buy a used car or something often people will accept a lower price if you pay them in cash and have the cash already on you when you make the offer.
my favorite was how usd being her only point of comparison automatically told her that it was the superior currency.
yeah they know about bitcoin but still they are scared because of volatility, cash is real for them because it is too much old and bitcoin is still new to market, people need to understand more about bitcoin
almost as if it was staged
she is wearing green for a good measure.
if someone offered me a bitcoin just for breathing i would also think they were full of it…
nah she has a point though. at the end of the day the only symbol people care about is the $
wait till they find out how real dollars actually are ha
wait till they find out how real dollars actually are lol
omg they are so dumb it hurts - i lost brain cells watching this 🤦‍♂️
i mean they would had to sell the bitcoin and use a computer and stuff, probably out of their league.
their kids won’t go to college
🐕 • eth🐕 we introduce crypto project dogger! the project's goal is to provide a decentralized platform that allows freedom of speech and helps connect people from all over the world within the crypto space to one another tg : t.me web : dogger.wtf
“you can literally cash this out right now for 400x what i am offering you.” “yeah but if i can’t hold it in my hand, does it really count?”
rip to the money on their cards then, that shit fake too.
explain. *money can be exchanged for goods and services.*
its pretty understandable. they dont like virtual stock or investments. bitcoin could crash over night. the currency of a country takes a little more time to die.
these are the end users satoshi envisioned ( ͡° ͜ʖ ͡°)
people like this are why i fear for the future of us.
don't tell them about something called inflation. xd
not sure the opinions of two drunk girls with questionable decision making skills should matter to anyone. this is the dumbest cherry picked bullshit i have ever seen.
they're assuming they would get . who would sell an entire bitcoin for ? no one would. they would rather have . their argument is solid, and they are drunk
i am willing to take bitcoin, because bitcoin will be more valuable than .
wow what tipped you off lol
alcohol makes proud of the own ignorance
they’re obviously hammered and just fucking around with the interviewer for fun but everyone is treating this like they’re being serious. come on guys, go out and have fun at a party in the real world once in a while. and when the girls talk to you and they’re joking around please don’t start lecturing them on bitcoin 😂
pretty sure no matter how hammered i was, i would take the bitcoin.
i can bet you their future seemed more hammered to me from here.
not having a girlfriend but a shit load of crypto >>>> just figuring out how to give birth with myself, and then it’s a wrap. i’ll be completely self sustained in no time🍻
what right decisions? staying single ? there is nothing wrong with staying single btw, just seems odd to use this video to justify that when we all know that not all women are like those two. besides those two seem to be in their early 20s, who was not dumb in their early 20s?
why did this make you feel better about yourself? most of the world still doesn’t invest in bitcoin or crypto currencies. these girls are the majority. and even now crypto as a mainstream currency is only really just a concept. not trying to be argumentative, but these girls are probably better off than the thousands of people who have done nothing but lose money on cryptocurrency.
also, these girls look like they are maaaaaybe 18. how many teenagers in general would know this? and they are in the middle of partying, not economics class. lol. we can only learn when we know better.
true, but do not we all know most of them said 1 btc straight way and that will not give them the enough views. this is how media and videos now days work. show the thing which we love to watch.
i'd rather them stay not knowing why we continue to accumulate because eventually they will all know.
agree completely, but i’ll correct one thing. they know what bitcoin is……they just don’t know what bitcoin is. if these girls who are young, and somewhat technology based using phone tech (tiktok insta online bank apps etc) and laptop technology for zoom classes and youtube etc, think about how far we have to go in the 50 plus crowd? atleast these girls know what bitcoin is……we still have so far to go.
bro fr they’re pretty out of it lol. way too loud to be sober.
that's blackout drunk? seemed like they knew exactly what they were talking about.
how is no one commenting how clearly drunk they both are? they're barely speaking, and look at those cheeks, they are red as hell. they still might not like bitcoin sober, but, i doubt they would be *that* stupid
they’re drunk kids relax lol
no. with the context and information they are given, they made the right call. "i do not even know what bitcoin is" there are plenty of opportunities out there that are golden, but adequate information to know how they function, it is pretty much rolling the dice. one in the hand and all that. can't say as i blame them. it's not like they have anyone in their social circle to push them towards researching information you or i may take for granted. and probably have their own things they worry about and a take for granted that we know nothing of. all this shows is that it is not likely common knowledge and alludes to us being still early.
agreed, go to a college and ask random girls there i’d be curious to see their answer
it reflects the growth potential. anyone that uses cash is a potential bitcoin buyer.
and that’s when they’re sober.
ikr, what a stupid post and title lmao
… not gonna lie.
the first rule of investing is don’t mess with things you don’t understand. they have the right principles.
they are 21 and wasted. not too mention this is a classic snl type set up where you ask 100 people a question and only publish the funny or stupid answers.
activated yeast has more going on up there then those two combined.
for real! what no one here is seeing is that 'yeah, i'll take 100 bucks if that means i can get a cheeseburger right now and a few more cocktails' ... is far more within the realm of reality to a drunk person than... 'here take this 40,000 imaginary money and go find someone else to try and sell it to, for cash monaaaye'. not smart, but i get the of where they are coming from. this is basically as high time of preference as you can get.
and a combined body count in the triple digits
dude they are just drunk college kids. no need to be a dick.
i think they will choose the house for real, i do not think they can be that much dumb in general. yes, may be they do not know much about the btc at this moment, but once they gets into the sense they will cry.
well you can hold . can you hold a house in your hand? i think not! point, match, game...
man do not do them so dirty like that, it is at least 7
also it seems likely that they interpreted the q as
for the interviewer, this was probably the best answer he could’ve gotten.
is this video from the america? i thought these girls are british.
this is why my father told me that education is very important.
maybe she is high on somethun
haha, true i wished i never have turned the volume on.
they're just kids, and clearly locked
75-85% there is a good 15-25% of reasonable people, but we're easily outnumbered by npcs.
there's no way 10% of people are smarter than them.
these people are not even that dense, just uninformed...and a little intoxicated. they're probably of higher average intelligence than the majority.
only 90%? why are you lowballing?
right? so many people calling these girls stupid sluts and only fans whores because they’re having a fun night out. also fuck the interviewer preying on them. i hate these people
this is the best comment i’ve seen on this thread.
i think girl did nothing wrong until they get the price of btc.
these kinds of interviews always cherry-pick the most meme & dumb answers to show, because nobody really wants to watch 99 people go "uh, bitcoin's like 40k, of course i would choose bitcoin." also, finding random drunkards in the middle of the night to ask vs going around the street in broad daylight will yield very different demographics.
i think once they get to know that you have the btc, they will not divorced you.
that's the most important thing but the girls should do this
funny, when i am hammered i seem to buy more bitcoin than i should
you mean onlyfans entrepreneurs right?
i'd say they are more like average md employees
they will definitely still procreate. source: i'm a heterosexual man.
how? the dumber they are, the more kids they have. so yah, but backwards
nope. interviewer would still date them i bet. women are playing a different game. they do not need to worry that much about investing.
yeah. but not the way you think
no just spoken like 2 drunk people ??
and they will find a btc holder for the future and everything will be fine then.
i feel you bud
they’ll still be stupid.
no he said it was 40k
those interview vids are addicting but he is so damn cringy.
those who even know small thing about bitcoin will prefer it
have to get you a new barber
you can ask strangers too. ask people on the bus, subway, complete strangers on your next urber ride. curious what the ratio would be
but still she will prefer cash over bitcoin no use of grabbing her
they are going to be dumb for sure when they will see the value of btc in future and then they will realise the mistake they comitted in club just because of 100
yeah university and even some school should teach people about btc
even a alcoholic person like us will prefer bitcoin over 100
really showing that ven diagram of crypto bros and incel overlap in here.
it’s fucking bullshit. 2 women having a fun night and the reddit incels lose their minds not to mention the interviewer clearly preying on people like them
what a shit take. just because they’re drunk they barely made it through school? who hurt you?
maybe by working together and not judging someone one by there weaknesses but find the strength in everyone and building a better future.
i thought that is what this was a video of...
bro thank you this thread is so weird so many incels
sour grapes i would gladly make them my "problem".
haha these two drunk girls can do anything and last line is true
queer dollars for the straight bitcoin
he should have just priced it in beer
brains are not inside them, they are not going anywhere, but they need cash
that's a classic w moment but many men's are also doing same
i just wanna know why you want to marry them to become wife
great, finally we got some girls who know about bitcoin more than us
i would like to subscribe to your newsletter.
moms basement dweller spotted.
drunk black chicks are ten times worse.
i think they are living in their own world, without thinking much about others.
what type of pup do you got? i just got a golden retriever he’s so cute!!
that's the best sentence and reply we can say to these idiot
jesus this comment section is embarassing as fuck.
yes, and what about us?
hey everyone, this guy never heard of a sat before
dog they’re drunk and having fun who cares
they should go to a college instead of going at club or bar
they are saying this openly to everyone that you are stupid
i will straight way take the billion dollar, you can call me greedy.
most of the people will prefer billion dollar instead of book because they do not want to do hard work and they want profit only in short term, without understanding the context of both offer books will give you a lot of knowledge
they're drunk teenagers, he is creepy
two black out drunk teenagers?
yeah and their opinion does not matter to us, we only care about bitcoin and it is future which is going to be best thing for financial system and human race, with proper decentralisation and privacy
yeah, and they do not know anything about politics and finance.
or, you know, real as in they use their checking account and green paper and plastic cards anywhere they need to with 0 friction. simple friction reduction: getting paid in crypto, crypto being in apple pay, cheaper cost of using crypto (esp cap gains taxes being obsoleted) and then the adoption will be at the scale that people will no longer bother to question it as questioning it is more friction than using it. the convenience of fiat is what all the "asking randoms" thismissal is about. they will not care how the database is maintained if their authority figures accept it, which is a huge negative as that is what spurs all the custodians to mimic crypto while undermining it
hey it’s my cake day!
spoken like a true incel.
plz share the results
this had me dead
they look like they got their outfits from the late 80’s.
why are not you?
how do you know?
gross, go outside and stop eating strangers who'll never look at you
some men will marry beautiful women, no matter how dumb they are. so no they would not.
lol. i'll tell you what, i'll find you all those things which you can give your fiat bullshit to, and you give me that bitcoin. we'll call it square.
i'd like to see an itemized breakdown of that 45,000
this is not about nuances. this is no different than asking them would they take . they were told the value of 1 btc and double down on owning "feel" it.
when they responded like that (",000?!?") i thought okay phew, they finally realized their mistake, but nope, they are literally that fucking stupid.
maybe they want gay dollars?
dollars are going down, bitcoin is going down but the purchasing power of dollar is down and btc is still in between, you can see mass adoption of btc in future
must be an mba finance, or cfa.
straight dollars. i think maybe she thinks bitcoin is hard to sell? like if you had a expensive painting it might be hard to sell it but this is bitcoin ... :/
no just fed debt notes. not real dollars
if you are willing to go through a third party broker with an economy that crashes more often than the housing market, yes.
they have to be shitfaced theres no way
it feels more tangible. it makes so much cents right ?
‘checks source’ wait no sorry, my bad. it’s homosexual dollars.
now we know why those info commercials that give you little money back for valuable things works. straight cash
\- ? \- a hundred in cash! \- but the car worth about 10,000 dollars... \- wait... you said "dollars"? we are getting straight dollars!
the only scam is the governments of the world printing money making fiat currency practically worthless.
in their defense, if someone explains bitcoin to you in a minute ('so everybody prints their own money then sells it for more") , you probably *should* think scam. it takes a little more research (while not drunk ideally) to understand the magnitude of it.
scam is happening everywhere even with fiat and within government but still people only see bitcoin because of fud created by media, they have already created so much negative image about crypto
that's a good reply, people do not see a long term picture and this video has proved it, people always prefer short term gains over long term profit, that is why we are going down continuously people should buy btc and just hold
doesn’t every scam start that way? lol
"life, uh, finds a way" - dr. ian malcom
i first viewed this thread without logging in, i read your comment, and i had to login to upvote it
i have been told to commit this act with myself on numerous occasions. i suppose i shouldn’t knock it until i try it.
kids will just cause you to spend your crypto. pass on the birth.
> just figuring out how to give birth with myself, and then it’s a wrap. i’ll be completely self sustained in no time ummm, what?
how much are we talking about. you can impregnate me.
first of all why you need a girl friend when you have crypto
i was certainly not as smart and life-experienced as i am now. but i sure as hell was not that dumb.
i think it is not about the their ages, if this is this video is from recent time then i think they already heard about the btc. and who will not take a chance of getting big amount compare to small, even it is scam .
there is "dumb" and there is "darwin award candidate dumb"...
>who was not dumb in their early 20s? *that* dumb? yo, right here.
i bet you'er fun at parties.
i think the thing that makes him feel better is that the girls, when told btc is currently worth , doubled down on the . you could ask me if i wanted , i dunno, some first-edition pokémon card. i'd lean toward the , as someone who's ignorant of the pokémon card market. but if the person then said, "that card is currently worth ," i'd be like "shit, i'll take the card. i did not think a pokémon card was worth my time to sell, but clearly it is worth the effort to learn where to sell it for that price." it's just common sense. doesn't matter if it is a box of saffron or a bitcoin. if someone is offering me something worth , i'm taking it as long as it is not impractical or dangerous (like, "want , or a free tiger shark?" or ).
they fall in same boat because investing without research in crypto always gives you loss, so if you are not researching and still investing then it is better you do not know about crypto atleast you can save your money
they’re literally not losing money in this case, they’re being asked which they’d rather be given. bitcoin is equal to around , that means these girls traded a chance at , because they don’t understand the concept of things having cash value themselves.
makes me feel better cause they are morons.
i think he means more like; as a person or intellectually than financially. financially, going to a bar in a tight dress and a thong to get cummed in by the first guy with a nice house is a very easy way to make 500k. morally its not exactly the peak of philosophy. honestly i'm with him just hearing drunken bar people talk is enough to make me want to leave a club these days. *flash backs to me having three beer and then seeing some dude yell "white claw!" as he jumped into a moving car* fuck the phonies at the club.
when billions of people agree that the dollar has value it has value. same concept with bitcoin. they are both the same but one is controlled by a government and the other one isn’t unless you have a person or group control bitcoin ( having a lot of bitcoins)i think. but having to feel a piece of paper to have value is not a good way to say a .
you only lose when you sell
atleast i don’t look like i fell asleep in the sun with a ski mask on.
thousands of people?? you no count good either
better off in what ways exactly, debt, high body count, wasting their youth, shameless, non wife material, westernized, foolish?
i could not tell you the real numbers, but do not you think the majority of people that have lost their investments in crypto were trading, rather than buying and holding? i wouldn't consider traders to be investors, even if they are technically the same things on a different time horizon.
why wouldn’t it? seriously... it’s been around since they were 10 years old or so.
but they are specifically asking would you rather have ? you can cash that shit out
salvador is a stamp that bitcoin has won.
if they paid attention in economics class they would probably still pick the cash. when i took economics they taught the typical keyensian bullshit that we all know is capitalist propaganda.
or they think no matter what said, no one is going them the 1btc or 100$.
um first of all they don’t look 18, and they literally say their ages at the start of the video "22 and 23”... and clearly they’re old enough to get drunk at a club lol love that i’m being downvoted for pointing out that they stated their actual ages in the video.
yeah they just asked the drunkest ones in the building first to save time
see that weak ass thumbs up she gives? she is not gonna remember this conversation
just because you can put words together does not mean you know what you are talking about.
yes that is blacked out lol
spoken like someone whose never blacked out apparently lol. when you are blacked out, you will fight to the death to convince whoever is accusing you of being to fucked up or blacked out trying to convince them that you arent even that fucked up.
no one is more confident than someone drunk off their tits. those chicks are fucking gone, dude.
they are clearly wasted.
yep this was my first thought. those girls are hammered!
>look at those cheeks 😂
they are stupid enough to get that drunk...
it isnt reddit if there isnt some basement dwelling loser shitting on women
so many people oblivious to the fact they are blackout drunk. it's scary how much people miss these simple social queues.
they absolutely did not make the right call. they were told what bitcoin was worth, and still chose . the girl in blue knows enough to argue the point of having a tangible asset vs digital. so, she clearly knows what bitcoin is. she just does not understand the appeal of it over the dollar, which is not uncommon.
i think if they say 1 btc they will not show that part in the video.
they're still sober enough to reason that bitcoin is not real and a scam.
education about bitcoin is not important for the average person. the only way it will ever detract from these girls lives is the fact a bunch of incels on the internet think their stupid.
drunk. both were very drunk.
“npcs” you have a rick and morty profile picture ahahahaha
> but we're easily outnumbered by npcs. this is ***exactly*** how my wife and i refer to them lol. when she is banging her head against the wall dealing with utter stupidity "why am i wasting my time talking to npcs ***again***"
forgot to add "atleast"
yeah these women are trashed.
they are asking them on purposely so they can make meme in the end.
yes we know. that isn’t the point. the whole point was to find the biggest idiots. what fun would the video be if he asked 100 people and they said they would take the bitcoin?
onlyfans is a bubble,soon or later will pop.
ofers would have known btc
i think they are getting good in return by their lookings.
i think once you get the price literally anyone will take the btc.
everyone gets bitcoin at the price they deserve
i cannot even make simple good choices when blackout, i could see many people choosing the . the way it is phrased could also be interpreted as 100 cash or , especially to a drunk person.
in the video, it is just 2 dumb alcoholic girls that just turned 21 years old passing by flirting a cute guy with a mic on camera, you can see them getting superrr hyped up just being on the camera. majority of random people with average financial knowledge and skills are not like these 2 girls. cherry-picked subjects, do better.
that's reddit for you. so many dudes who are bitter to girls like them for the fact that their own misogynistic attitudes and creepy behavior prevents them from interacting with them. it's pretty sad really. based on their movements and general appearance, they are on a level of drunkenness where none of us would give very sensible answers. combine that to the fact the environment seems to be a club or something, and probably noisy, which means they hear about half of the question correctly.
im so high i read that as "stolen retriever"
ahem...he am not talking bout a dog...
mine is pitbull. it's morphing into a bulldog as i age though
is he to be added to the list?
what's more likely here - that they understand that 40k bitcoin can be converted to dollars with relatively little effort, or they do not understand the process at all and therefore feel . gold- if the interviewer had asked that he might have got a different response
man im glad im married now because when i was single these fools were all over the bar. i mean i feel bad hooking up with something that stupid.
drinking will make people say stupid shitt, crazy i know right
gay dollars are more liquid assets. they’re accepted at back doors everywhere.
shows how brainwashed we are.
maybe, but scam or not, if i were offered a choice between something that someone else is willing to pay 40k for and 100 dollars? i'd take the bitcoin and sell it immediately for the free 40k. special kind of dumbass to say no, especially in a theoretical question. this gives the same energy as people who do not understand that 100kg of feathers weighs the same as 100kg of bricks.
to be honest, in terms of the history of currency, crypto-currency is so radically new in human history that this transition will and rightfully be very slow and skeptic as it is been many many many generations since we've transitioned to a new currency. i hope to stop using currency one day and just use money :)
research is important but calling anything scam without any research is also not a good thing, people should understand block chain technology first, then they should see crypto
i've been looking into it and i still cannot see how this is not a scam
it has nothing to do with the fact of the matter, and everything to do with simple inculcation from parents and authorities since a young age. if someone told you that you should hand your cash over to a „bank“ who will just store it as a number in their database, and this „bank“ also is allowed to create money out of thin air by giving out loans, which could then be withdrawn and include that exact same cash you handed over, you would think *blatant scam*. but that’s the fact of the matter.
can you explain bitcoin to me? casue ive tried looking it up like hundreds of times for over 10 years and i dont get it all. fundamentally is it not "farmed" thru computers solving algorithms? what are these algorithms and why are they so valuable and whos paying for them?
look, i've made a good amount of money on bitcoin but it is still a scam.
well, there it is.
he's gonna transfer his consciousness into that of his children ad nauseum.
coming from the guy who two months ago wrote: > "palestinian" (aka. just middle easteners, egyptians, arabians etc. because "palestine" is not a real culture. because you know...history...🙄) but anyway, these "palestinians" are showing their true nature. violent. blood thirsty. cold blooded. yeah, a shining beacon of enlightenment you are.
in gaurentee you said dumber stuff while hammered. just did not have anyone filming you.
they’re also hammered. i’m sure it’d be a different convo if they weren’t
idk these chicks look fun to hangout with. your comment is very pretentious
bold of you to assume he goes to parties.
this. just a suggestion, but maybe create wallet, take the bitcoin, and liquidate for the cash. then laugh at the obvious choice then cry 10 years later when you realize how much fiat you lost because you didn’t believe in btc
mark dice has been offering people in san diego . hasn't had a single taker yet. the average person is really dumb.
> what could go wrong?! 😆
lol thank you for your examples
to be fair, given as much alcohol as those two have had, you might double down on taking the .
i'd absolutely take the landmines. good luck raiding *my* house, feds!
winner. very well explained my friend. you hit the nail on the head. i would caveat it with an explanation that trying to sell the 40k product would not land me in jail. i would take , as my freedom is worth more than . my next question would be, how easy is it to sell and is it legal to sell it. in this situation the answer would be that it is totally legal and as easy as the click of a button to sell. no-brainer.
they are two drunk girl friends. first gonna back up the second and opinion not changing
wait, you wouldn't take a free tiger shark? sounds like a missed opportunity...and a great way to get rid of evidence.
you're overthinking it bro lol. they are clearly wasted
interested in buying an nft? i have some friends who say it is worth a few thousand.
true, they know the value of bitcoin but still they are going to prefer 100$
so pardon my ignorance, but just consider i’m a 23 year old chick…. which sucker is gonna spend ? who’s gonna be the sucker i unload this on? if i’m not buying humans or massive amount of illicit drugs on the dark web…. who’s actually paying me ?
or because they do not know what it would entail to turn that bitcoin into dollars. if my thought is already "i do not know what bitcoin is but it sounds like a scam", i'd probably be averse to taking on the risk of getting scammed out of something ostensibly worth , whereas the . i probably wouldn't know which wallet to use, or which exchanges are trustworthy, or why it is a bad idea to give someone my seed phrase - but i would know that .
lol they’re young, wasted and having fun. live a little.
enjoying their life at their fullest probably, hope they stay that way.
i miss getting this drunk lol
also they already said 100 dollars so they are doubling down. its just a fun interview at some club. this is not cspan. this sub is embarassing sometimes.
and goofing around but the incel energy is strong in the comments
this is my damn point, they did not choose the btc even after knowing the actual price of that thing. yes, if they did not know the price then i would say they did well after knowing the price how can they still choose 100$.
it's not a joke. we're in the matrix, and we're surrounded by npcs who lack an internal monologue. they belong to the matrix and run on groupthink to spread a certain narrative. the only way to remain sane is to practice non-attachment. the reason they run on groupthink is the matrix does not need to use as much processing power or energy if they all think and behave the same way.
they already pop ...a lot!! 😁
never understood why you would pay when it’s free
good way of putting it!
they are not in the right frame of mind and probably way too high.
go down man, btc is down but you are still high, bad thing
haha, finally someone guessed right, those who know they know.
he does mention it, he mentions it being 40k. they doubled down on taking . 40k was reached 2021.
exactly. those other assets are more mature that even the most basic minds can understand the value. the fact that regardless that it is 40k did not mean anything to them because it was not mature enough in society thus still early.
imagine you impregnate her and you get a stupid child 😬
you make it sound easy
it's frustrating when you try to have a conversation with someone like this and they keep asking you "what does that word mean?"
they were a good time, they weren't a good thing so do not feel bad. i mean, i never expected to find the right girl at a bar but i did expect to find the right girls to have a fun night with lol. at least they weren't entirely stupid because they did not end up getting knocked up (plan b does get expensive though 🤦‍♂️) nowadays, i stack shatoshis instead of stacking up body count, my net worth would go down if i kept that trend going lol.
these chicks also measure in inches.
you were just as bright as these two when you were that age and drinking. you just remember how you were differently in your head
stupid chicks need dick too. happy to help on occasion.
seriously! what if these were bunch of young men???
straight dick, i tell them
that's how your wife feels every day
a fun weekend. but gone by monday.
yeah and imagine the situation when you ask them about btc
come on with all this judgment. these individuals are drunk. so many smart people are equally as stupid after a few shots. this conversation really has no weight and so they could not care less what answers they give. they had no idea that they would be made the subject of ridicule.
everyone is stupid about something
yeah it’s a special kind of belligerent here. 40k magic card? yes. 40k stamp collection? yes. 40k jpeg? yes. 40k model train? yes please i’ll take it over .
i mean even if you could not find a buyer at ,000 in the first ten seconds, i guarantee you that someone would walk by and offer you at least . i mean that is an extreme example but it just goes to show how utterly uninformed (and yes, maybe stupid, or maybe drunk or maybe drunk and stupid) these girls are.
it's not like anyone was offering them 40k for it. they just have a random guy telling them that is what it *would be* worth if they sold it. and it is not as if they can walk into a bank and be like "one ."
i still remember people being skeptical of banks. my parents used travelers checks on holidays and i remember i got a bank card to get fiat out of the atm . my parents thought it was dodgy inc the high interest you would receive. they continued to get their salary in cash until they were forced to use their bank account. as they now force us to use cashless. (apps) so it’s not a huge step going from cashless to crypto imo
i know about bitcoin. if someone asked me a question like "do you know what this thing is that you're supposed to know about that i'm trying to get you to acknowledge?" i'd tell them to fuck off too and wouldn't care. i do not blame these girls at all.
ooofff out of what dark corner did you come from, collecting comments from total strangers? and way off topic too? did you come here to start a political rant over a comment you do not agree with, because it did not fit your political propaganda? lol, go back to your cave, clown. you're on the wrong sub.
mah dude, i would not deny that i've done some realy dumb shit when i was both young and wasted. but i come again. i was not that dumb.
rude of you to assume their gender.
so the goal is to gain fiat?
not a single taker for either the ? wow! maybe he’s being too low-key about it
i know, right. i have these tesla shares which are apparent worth a bundle. but yesterday i approached nearly a dozen people at the mall try to sell them, and everybody looked at me like i was crazy. if only there was some sort of "exchange" where people with stocks, or btc, to sell could be effortlessly matched up with a buyer.
at the current inflation rate 100.99.
understandable to an extent but if i have a choice between something worth 40k and 100 bucks even if i know nothing about it and figure it will be a huge pain in the butt i’ll also assume i can take the easy way and sell it to someone cheap who can deal with the hassle. i mean i don’t use coke but if you offered me 40k worth of coke or 100 bucks i’d take the coke and ask my friends if anyone knew anyone i might only get like 10k for it but even at that thiscount i’m hella better than 100 bucks.
who cares how sloshed you are? someone ask you if you want 100, id take the 40k. makes me feel even better about my life choices when i see the simpitus in action.
no man. shits not good for you.
true, but after getting the price i would bet on the bigger price.
i'm gonna guess there is a strong overlap of cryptobro and incel on a ven diagram.
if you get a sober person to interview me about something i know nothing about while i'm shitfaced, of course i look stupid.
i wouldn't put it so definitively but i do think the probability that our universe is a simulation is almost 100%
simps gonna simp i guess
you're right. my bad. redacted
right? why would you feel bad? lol
bearish on bar sluts lol
you joke but this is a legit fear for some people lol.
u fucking wish. lol
that's a scary thought. they're the mothers of the future generation. their genes will be passed on. and so will the stupidity.
your purpose is to fetch the butter.
i would take my chances with the nft. even if the probability of it being real is 1%, those are still good odds. it's a good bet any day of the week.
well you could send it to your cash app and turn into usd in less than a couple minutes
this is always what i think about when i hear people talking mad shit(usually uneducated mad shit) about bitcoin and other cryptos. probably nobody in the history of humanity has been initially onboard with changing what currency is widely used. when we went from shells to precious metals or when we moved away from the bartering system or when we got rid of the gold standard or now how we’re getting rid of paper money, it’s all been the same. there’s a bunch of people who come out against it mostly because it is a new system, but it almost always improves the quality of transactions.
well, this person found you saying something extremely dumb. in your previous comments you claim that you’ve never said anything or never been “that dumb” when you obviously had or have been and continue to. you claiming that’s somehow off topic is also dumb. so you’re doing great today!
look at his fucking avatar and user name lol i would say it’s a highly educated guess 🤣
the goal is to gain spending power
number go up crowd still strong
yeah they think same, for them fiat is better than bitcoin
take the btc and buy gold
yeah so who’s buying your bitcoins? bitcoin is an investment, it’s lifetime is limited and eventually, it is going to crash, and lose 100% of it’s value. as an investment to unload to other suckers, it’s fine. to buy children and drugs online, it’s fine. but as a long term investment of thinking it’s eventually going to be the currency…. well then ya’ll are just a buncha retards fucking on a playground. you think the american gov is gonna let you fuck bags slide in with your shit as the new buying power? lmfao… saddam? gaddafi? we start wars over being the reserve currency, you fucking nerd tesla dreamers with your memes and circle jerking are living a fantasy. keep sucking each other off small dicks, maybe you can make a dollar with it some day.
they don’t know what bitcoin is and don’t understand it. like literally 80% of the world. not knowing that doesn’t make anyone a moron.
didn't do me any harm really!
for a bunch of them, their shitcoins mooning is their best (and only) shot at having a sex life.
i'm way past that point. i'm convinced and 100% certain. quick sanity check to see who i'm speaking with, do you struggle with captchas?
how do you know consciousness can be simulated
you feel bad because listening to them gives you a headache
i died of laughter 😂
but one of them used the word tangible. a glimmer of hope.
idiocracy...it is a real thing.
1. your statement that my comment is "dumb" is just your personal opinion. not fact. unlike my comment, where i stated facts, which may be inconvenient to some propaganda swallowing morons. :) also, you might take that particular comment out of context, since it is part of a thiscussion. so good job with the judging on a comment you know nothing about and also failing to elaborate why its "dumb". 2. and how is it "dumb" claiming it is off topic? this sub is about bitcoin. 3. you reall need to think before you write something truly dumb and press that damn enter button, son. stop wasting your time, inform yourself a bit on the topic and learn how to write a decent, informative comment with substance, before you call strangers on the internet "dumb", dummy. ;)
i bet you’re fun at parties
> yeah so who’s buying your bitcoins? nobody. i have neither bought nor sold any btc in my lifetime. nor tesla stock. i probably hold some tesla via etfs and index funds, though. > bitcoin is an investment, it’s lifetime is limited and eventually, it is going to crash, and lose 100% of it’s value. thanks for the tip. you are the first person i have encountered with such detailed information about the future. are you, by chance, a time traveller? > as an investment to unload to other suckers, it’s fine. yeah. i think i made this point. you buy and sell it through an exchange, just like stocks and bonds and other comparable "investments [whose] lifetime is limited...is going to crash, and lose 100% of it is (sic) value." > to buy children and drugs online, it’s fine. i'm not in the market for children. i make my own. but for drugs, i prefer to use good-ol' fashion fiat like most people. the last thing i want is incontrovertible proof of my personal spending habits being broadcast to the authorities. > you think the american gov is gonna let you fuck bags slide in with your shit as the new buying power? lmfao… i do not know. i am never even sure when the american gov is going to turn me away at the border. but they typically do not get too involved in my finances, even when i am visiting, so i do not stress about that. i'm curious, though. what *is* a fuck bag, and how do you know that i am one? are you as confident about my status as a fuck bag as you are about the future value of specific assets? > saddam? gaddafi? we start wars over being the reserve currency, you fucking nerd tesla dreamers with your memes and circle jerking are living a fantasy. i'm having trouble with this grammatical monstrosity. afaik, neither saddam nor gaddafi had serious aspirations of controlling the world's reserve currency. oh, and they are dead. most people who know me well would probably agree that i am a nerd, so that is fair. i'm not sure what a tesla dreamer is, but i do not *think* i am one of them. definitely not a memer, and i definitely do not have a habit of jerking off with others. i think there is a *lot* of projection in your statements here. > keep sucking each other off small dicks, maybe you can make a dollar with it some day. this is very insightful. i was thinking you sounded pretty...unintelligent...but with this gem, you've redeemed yourself.
here i am holding shitcoin after the hard work, and girls getting btc for fun.
i'm definitely a pc, no worries there. oh shit, unless i'm an npc just programmed to say this. damnit. i ace every captcha baby.
it cannot be. that's why it is obvious when you're being lied to. it's all patterns based on previous events. algorithms cannot generate anything unique. that's why the npcs are obvious, all the responses are predictable.
i ***do not*** know that consciousness can be simulated.
you guys are talking to women, oh wow
fucking the stupid is not fun. it feels like winning a video-game by using a secret cheat the opponent does not know
if i saw these broads at the bar i would do a 360 and walk away ( ͡° ͜ʖ ͡°)
i died in your arms tonight 😂
bold of you to assume i go to parties. 🤪
the clues are all there if you look
i meant it in a different way, but i see what you’re saying. you can take the extreme approach and become a solipsist. i’ve peered down that road a few times, not fun.
you say it with certainty and confidence it detracts from you're argument. there is not enough proof to back up what you're saying so having blind faith in a theory makes you look kind of stupid.
there’s very good reason to believe, rationally speaking, that consciousness is base level reality. the issue i have with the simulation talk is that information processing ~= consciousness. not to pick on you specifically :)
if you did a 360 you’d still be heading right for them my guy
my vivid imagination just made up what you looked like doing a full 360 spin in the middle of a casino and then walking directly into said broads.
parties seem sketchy, you go there and they offer you bitcoin
that's exactly what an npc would say.
can you prove to another person that you are conscious?
i think your train just left the station
gotta do a 720, no scope.
i cannot reveal that. then the matrix will try to self-correct to hide the deficiencies. i've already said too much.
oh just saw this. no, i can’t. where you headed with this
definitely feels like the old guard is looting the place on the way out... it's so fucking gross.
i guess they will just have to live paycheck to paycheck on that allowance until their insider trading is able to put food on the table.
so, this is not true, just fyi. politicians suck, but no need to lie.
nah, if inflation was 21% they would have given themselves 31%
nyt article said this...as it doled out funds across the federal government, congress also increased spending on itself. the bill would raise office budgets for house lawmakers by 21 percent, the largest increase since 1996, to give traditionally underpaid congressional staff a pay raise.
zero shame, these people have zero shame
congress being able to vote for their own raises is the absolute definition of conflict of interest.
why only 21% why not one million percent?
the system is a joke. ever notice how much mainstream media has been pushing propaganda articles towards certain stocks? because they’re all tied into it, so let’s blame russia for our problems. no, it’s banks, hedge funds, and your congress members lobbied through wall st
coincidentally the fed just printed about 20% of all us dollars in existence over the past 2 years. correlation or causation? one of many sources on this.
>tell me inflation is 21% without telling me inflation is 21% inflation is 21🤣
f politicians corrupt all all time high as well 🤡👎🏼
false. social media users are misrepresenting a government spending bill that increased funding for legislative office budgets, not lawmakers’ salaries. members of congress use these budgets to hire and pay staff, and to manage other official expenses. annual salaries for members of the house and senate will remain the same this year, as they have since 2009.
reading comprehension is hard
not a raise lol. this is an increase to the budget they have for staff and aides etc. their salary has remained unchanged since 2009.
it was for staff but good try
they’ll use it for the mid-term elections. just another way to keep those in power in power.
instead of focusing on real grievances people are freaking out about unsubstantiated tweets. smh
this is misleading. they funded the ability to pay their staff. congresses pay did not increase.
huh? that is not inflation. the upvotes on this is telling about the avg intelligence and knowledge of people.
that takes purchasing power out of the rest of the nation for their own paycheck
as if you had a choice when you vote.
oh so they get a pay raise but everyone else should just suck it up and stop complaining?
housing market crash is imminent.
are you fucking kidding me… dude i’m so sick of politicians. we don’t fucking need them.
itt: dumb people who believe this actually means inflation is at 21%
so the fed added 20% (roughly) to the money supply around 2020 - and here we are, 2 years later with 21% increase on their end... i for one, am shocked & surprised!
“think of how stupid the average person is, and realize half of them are stupider than that.” ― george carlin these are the people who keep voting the same idiots in. stupidity is letting greed destroy our country.
it’s fake. y’all are misinterpreting it
please note: this is not a salary increase for congress. this is the budget that each congressperson uses to run their office, including salaries for staffers, supplies, travel expenses, etc. see
.4 million am not inflation
i guess asshat douglas did not read the bill.
they have been on a pay freeze since 2009, so i would slow down on saying “inflation is 21%.” inflation is already bad enough without inflating the numbers 😂
dec 7% jan 7.5% feb 7.9% [consumer price index](
the argentinian politicians in the background (to american congress): amateurs!
this bill gives criminally underpaid legislative staff, staff that works in an expensive metro, a pay raise all y'all are fucking morons.
we vote for these people, we get the exact government we deserve unfortunately.
cannot find a legit source of this anywhere. boo
makes my blood boil
once again, our government doing everything can to help us…
disgusting. fucking politicians are scum. no matter which side of the aisle.
yes, we know that bitcoiners would love inflation to be that high to prove all their hatred of fiat currency true. but it am not so.
this is another reason why it’s important to vote…
what...maybe the third time is a charm...
can’t be they told us it was 7%!
bitcoin inflation is 20% since the start of 2022 until now (3). was .000, now is ,000.
\ is at a 40 year high. we are all suffering.
only in biden's administration nice.
it’s actually good to pay congress members well. if they aren’t paid well, only the rich will be able to afford to run for office and maintain a house in their thistrict and an apartment in dc.
sleepytime joe. fell asleep at work
only thing the legislature can routinely vote on and pass is their own funding and pay raises. honk honk
“every fucking day our cities tell us what they think of justice. lock the courageous away, while the cowards plaster the cracks spreading through the monolith.” - propagandhi
bunch of paper gangsters all of em’
maybe they just worked 21% harder this year?
mmmyes, let us vote to give ourselves more money
wow. i wish i could vote myself raises.
also where are the pitchforks ?
this is gross that the government is able to give themselves an increase while the nation they "serve" suffers in the current economic forecast.
and here i am getting a measley 5% if i am lucky.
alright everyone, now it’s your turn to seek a 21% wage increase at your job! let’s see how that goes…
vote them all out!
i hate this so much
dumb, they work for the people. why can’t we the people vote on stuff like this for them?…
we are in the monetary end game. hard to predict what happens next, but it probably would not be good.
thank god for socialism
tell me bullshit without telling me bullshit. just like i fed my cat the other day without actually feeding it.
guess insider trading must be rough right now….
it is a thisplay of power to show their control over the working class. it is all about control more now than ever.
imagine if you could just vote with your coworkers for more pay without having to care about the bottom line of the company.
tell me you repeat year old meme structures without telling me you repeat year old meme structures
ah, this is why that dst bill passed suddenly
it was last adjusted in 2009, so divide 21% by 13 years and there’s your inflation according to congress. they are overpaid and have done nothing to earn this raise, but it still is not indicative of the current inflation rate.
after this shit with putin americans need to go after their own government asap! my god if you can’t see this for what it is then you are truly lost
i cannot wait not too live here anymore
it’s really thisingenuous how people are misrepresenting congress giving raises to underpaid staff members (who are paying rent in one the highest cost of living areas in the country) as congress giving itself a raise. just stop.
these people already get paid a living wage 😐.
please tell me allowance is different from salary?
freon 30 lb container is up . was
it is not 21%. 40% of the currency was magically created by the private business "the federal reserve" in the past two years. inflation is >40%.
age limits for presidents i agree with. but what's the age?
this caught me off guard. the same way i was not prepared for vent finance being nominated for launchpad of the year! let's all support and vote for them!!
i think it is not possible.
my inflammation is at 21%
you must be joking right?
i have no words other than lol
just imagine how many people will invest their money in bitcoin because of inflation.
if your in charge of your own raises is it a wonder the salary keeps going up?
and their timing could not be better
the secret of the powerful people at the head of the current system to hide the reality? change the calculation mode as it was done in 1980. i bet this will be considered in the coming months to hide a little more the reality of the flaws of this system that is heading towards collapse.
look, i like bashing us governmental corruption just as much as the next guy but this was a vote to increase staff pay
some of the age-related bigotry in the comment section is frightening. if we're lucky, those of us under 40, 30, 20 now will some day be over 60. if people have a problem with the way a particular political candidate is handling her, thiscuss her. leave the ageism out of the thiscussion. there's already a huge ageism problem in tech--and this room is tech-related. older workers generally and especially in tech are already prejudicially pushed out of employment and suffer other negative consequences from being increasingly societally marginalized. but people here are perpetuating the harmful stereotypes of inept "clueless, out of touch dinosaurs" ... who should "effing retire." moderators, how about clamping down on the ageist rhetoric in many of the comments?
well as always they will do favor on their own safety.
as a dme provider they cut my most popular item payout (medicaid) from . my costs are going up but guess what?!?!! my payouts are going even lower. great to see congress is looking out for themselves rather than the people. makes me sick.
well, microsoft’s carbon footprint jumped 21%… [21%](
i've heard such awesome things about peermoon and am thinking of taking part in it. what can ya say about this?
i guess i should have added ? got em!
it’s to help pay for therapy after january 6th
i'm not sure what you're asking me, but i think inflation is around 21% right now.
it is cheaper to hold btc on finex than driving a car
it would be great if everyone that voted for the bill and the pay increase are voted out in their upcoming election
meanwhile, the 1% and the 1% of the 1% got even richer
fk even our government was sly enough to keep it to <3%
tell me our congress are a bunch of scumbags without telling me they are a bunch of scumbags =(
once corrupt, always corrupt.
weird how anti-work would not talk about this.
pretending you work for the people, give yourself a pay rise in line with inflation, while f\*cking over the people with higher prices. and they call this democracy
oof, nice catch on whoever made that connection!
this is the type of thing that needs to be on a ballot in a clean vote. the 21%, they say, is for their entire offices and hasn’t been raised since 1996. i call bs. that bill was 2700+ pages piglosi through out with one hour for the representatives to read and vote. that’s bs. but check and see who all the republicans are who voted for it. money talks. pet projects being funded talks. i think we should all vote on term and age restrictions too. piglosi is 91. her thistrict is full of homeless and drug addicts she never helps so i’m sure no able brained people are voting for that slimebag after what she has let happen.
so they get a 21% raise and we cannot even get a minimum wage increase, cannot get legislation that makes it a felony for a politician to lie or thisseminate misinformation, and cannot get legislation that makes it a crime for government to make its illegal actions "state secrets". ' inflation is the least of our goddamn worries. our problem is we the people have lost control of our government.
leader will continue to fill their pockets but we have to pay our taxes
interestingly, i recently got an email from redfin saying my house is expected to appreciate about 20% over the next year 🤔
could be slightly less than 21% since they paying themselves to match inflation wold only mean they broke even this year, and everyone knows they want an increase not a break even scenario
thanks biden for all your fuck help…
time for a crusade
things once , now .21
caught me off guard 😂😂😂
it’s a false (lie) statement. salaries did not increase for members of the u.s. congress after the passage of a recent government spending bill. the salaries have not increased since 2009. • members of the u.s. house of representatives received an increase in their office budgets, which pay for staff and other official expenses. please don’t ever believe facts on the internet comment section.
finally all things are balanced in this world, after deflation
somebody call tom brady.
the boomers have to get out of politics and effing retire.
according to thr article the funding increase includes more.monry for capitol.poloce and more congressional staff, so it is not congressional raises. it's for normal fedgov workers. but yes let us all stay ignorant and reactionary
i've seen this before in other countries. it does not end well.
these old mfs should just get in the coffin already
yep, they are looting it. it's all just a robbery. they're looting our money.
yeah, wanting to pay your staff better is extremely corrupt. 🥱
and only after giving us the best time to ever live. ah the humanity.
edit: downvotes for facts. got it. why is this "gross"? the cost of running a congressional office certainly does continue to rise. are you suggesting that we should be spending less, and if so, what specific aspects of running such an office do you think should be cut (noting that this is not the budget for the representative's own salaries)?
that insider trading is not going anywhere tho, they will do it.
this does not change congressional salaries (though it does open the door for increased staffing levels per representative and). perhaps you were confusing this with the budget for congressional salaries?
agreed. i'm skeptical of the real inflation numbers too, but the 21% increase is not for congress salaries. let's at least be factual. another source:
send this to the top!
it is very hard to believe all this website because they are also done by government.
whatever dude. it's not justified of them to do it. it's bad.
and this is a perfect example of how you manipulate public opinion.
this is something aoc has been pushing since she got into office. she saw how underpaid these people were, which is a backhanded way to ensure only rich or well off people work for congress, which itself is a pipeline for future political aspirations. this pay increase should allow less privileged individuals to work there and join in the conversation of how we're governed, as well as help to shape future legislation. you want better representation of the people? this is actually a way to push towards that. also, she is currently pushing for them to create a union for even better pay and working conditions.
it is not just about the pay rise it is about that they are getting huge amount of salary.
it's sad that this informative comment is so far down and all of the top upvoted comments are outrage over congressional salaries (which are not modified at all by this change).
the staffers are not underpaid, unless you count the physical and emotional abuse of working for psychopaths. there are already staffers that make more than their congressional boss. this just paths to increasing congressional pay more that the already automatic increase they get.
absolutely man. they are going go eat from the poor now.
okay, this is the lucky comment i respond to, but it seems everything has been said elsewhere so maybe this is moot. in either case, this is not a bad thing. congressional staff should be paid more so that the people who can accept those jobs are people of a wider spectrum. congressional staff salary is a joke and the only reason people take those jobs is for the prestige it offers. since they get paid basically nothing, they use the experience to jump to higher paid private work. the government needs to compete with these higher paid positions because ideally the best people should be working in the government. there is nothing wrong with paying these people more as they are already underpaid, over worked, and likely to look elsewhere for income. furthermore, because the pay is so low (and publicly available) a lot of qualified candidates simply do not apply because they would not be able to afford to live in a high cost of living area such as d.c. i live in the dmv, so i know first hand how expensive it is to live here. this has always been a problem for government jobs. they pay too little to attract poor, but qualified, candidates. the only way to solve the issue, is to pay more. it will lead to better retention, which saves money, better candidates, which might save money, and, hopefully, better policy since congresspersons will have a more reliable and steady staff.
yeah, misrepresenting a bill on reddit like that. shame on you, op!
it is not just the conflict of interest it is about which approach you are taking.
i'd argue that they are. keep in mind that you probably mean congresspeople when you say, "they," but you are incorrect. this budget increase does not touch their salaries. the "they" in question here is congressional staffers, and as many on the left and right have repeatedly pointed out, they are chronically under-paid (which is not only unfair, but also dangerous as it makes them more susceptible to influence).
they are trying their very well to do the good job but it is not just the inflation. .
because these increases are justified by specific staff . it's actually one part of the budget that is pretty well managed (mostly because representatives are the managers of the targeted budgets and so they have direct knowledge of what parts of the budget are being under or over-utilized).
because percentages do not go above 100% ...
and you already know that 21% is a huge amount of population.
it is not just russia it looks like united states already in the war to be honest.
source. if you're talking about money supply, then you're wrong. what could be considered m1 was redefined in 2020, causing a large increase in the apparent money supply. if you're talking about physical bills, then you're misguided. bills degrade over time. approximately 100% of
that's a different "they," but nice try.
it is definitely one to increase my knowledge and clear the point on it.
the answer is always 42... 42
people are really stupid do not really understand that 21% is is something you cannot ignore.
i agree to your comment they are really criminals and they should be punished for it.
they must be having a very use amount of wealth right now.
i suppose you could say their costs have risen...due to inflation
the most ignorant of people believe those funds wont fuel 'expenses' of the politicians.
this is quoted from the ap
i don’t know whether it’s worse if you you copied that from a fact check site or wrote it your self . either way it’s pretty ducking bad and you need to wake up
and for capitol police funding…. gee i wonder why they need that
all the salaries and stuff always increases but poor always remains poor as it is.
oof twitter is such a crapfest
people are angry because they cannot afford to live not because of a budget increase.
staff is needed . to clean their apartments, drive them around, buy their groceries, cook meals, do the dry cleaning, set up blackmail operations etc
it was unchanged and this is the reason why everything was like that.
i'm not going to try it because it seems pretty much new to me.
those power actually like that only and this is why i do not like elections.
it is just propaganda machine nothing more than that i can see.
yeah this is the main reason why they are losing in the elections right now.
inflation is a totally different things and people should know about it.
whole nation is going to face the problem in the future i can see that.
it is very important thing for a democracy that everyone should vote.
it looks like we do not have most of the choices to complain.
. the type of market crash is really stupid if i think like that. .
housing market aways lag the economy .if it crashed how many cant get equity out of there house
everyone is having the right to vote and unfortunately it is not for every group.
most of the criminals are like that only they always do that.
you do not actually need them but we need some people who can actually make better policies.
> i love that they can just give themselves raises like that while congress can give themselves raises, they have not done so. this change does not affect congressional salaries.
the amount of money they are having right now is just above our thinking range.
inflation rate is increasing at and very use amount and we know about it.
"on their end"... what does this mean? the fed is not paid from congressional office budgets. the congress people are not even paid out of congressional office budgets.
no, we do not have 21% inflation. stupid people are misinterpreting a meme.
it is increasing by 6% average every year and it is very much.
the big corporations also influence our so called leader by lobbying to get what they want. it is an illusion of choice when we have none. we have owners and privileges they allow us to have temporarily then they can just take it away whenever they see fit. all these corps need to do is advertise to sway an individuals mind and most accept propaganda like it is a normalized lifestyle.
there are literally going to destroy our country is it will go on like that.
misinterpreting an image? no. the image is misinterpreting what happened. this post should just link to the article.
no we are right about it and this is going to be really cool.
thank you for providing vigilant it is definitely going to help me to get more information.
the fact is that it is going to increase more and more in the future and we cannot do anything.
it is the true figure you can just google it out and you will be surprised.
it look like we are going to have tough time in the future.
just the numbers are increasing frequented day by day as we can see.
of course you're getting downvoted for bringing facts to the circlejerk. > the last raise came in 2009
shh, do not interrupt the circlejerk.
they are getting a huge amount of money already and i do not really think what else they want.
unfortunately we all are in the same situation and we cannot think of anything.
i know right this information warfare think it is very hard to find the right source.
no doubt about it and the fact is that we are filled with wrong data.
as intended, meanwhile the fact that it is a misrepresentation of what's going on wooshes you by.
the government is trying to do their best by manipulating us.
it is going to be a really hard process if you think about it on a neutral perspective.
. the hatred is not a new thing it is just it is going down day by day. .
lol at people thinking their vote matters
this is also why it is important for the voters to be informed, since this increase in congressional office budgets is long-needed and essential. the real problem is that most people have no idea how congressional budgets work and thus any increase is simply read as "congress person makes more money."
no doubt about it and this is why we need more important laws related to voting.
and it is a third time but i do not think that it is a charm.
it's not. this post is full of geniuses that do not care about petty things like facts.
congress would pass this in any administration. saying shit like this just gives them a free pass. ' edit: it was for staff.
> it’s actually good to pay congress members well. true, but a) we do and b) this increase does not affect their salaries.
the heading is a lie to rile the easily riled. no elected congressperson gets a raise.
why would you hate a pay increase for the lowest paid staffers?
> the mra increase would allow those at the lower end of the pay scale, such as staff assistants, to be paid more. members would not receive a pay increase under the bill, a point of contention for years.
but they will continue to blame bitcoin for the environment concerns
there was no raise . show an article other than a twitter rant. this is equivalent to giuliani getting his election facts from facebook.
you do realize them acknowledging their office expenses have gone up 21% could be considered them acknowledging inflation as well...
"please don’t ever believe facts on the internet comment section" i would not lol
i love how angry people are that staffers in congress, rocking a median pay at , are finally getting some raises. we’re all so trained to outrage at things that everyone is like a lynch mob at all times. the spending also allows for the hiring and training of some more capitol hill police officers, which makes sense after 1.
i mean... people need to vote them out. yet they dont. just keep on electing the same old clueless, out of touch, dinosaurs. then wonder why everything sucks.
you do not want to take the money back they stole from the people? what is happening to russian oligarchs right now is pretty much a blueprint for the procedure to take the taxes back from thieves. **edit:** [**u.k. explores housing ukraine refugees in oligarch mansions**]( ---------------------- [**activists stormed a russian oligarch's mansion in london and unfurled a sign saying the property had been 'liberated'**]( **obviously, it is not too difficult!**
it should be illegal to be in politics if you're over 70.
not just get out, they need to pay, their bloodline needs to pay, and then all the lobiest s and all the special interest fucks who are so greedy they will have us go to the brink of nuclear war to make more fucking profit while the environment is already near colapse if an actual war breaks out the environment will not be able to handle it let alone the other implications from a great war
you think the people coming after then are better? cute.
you think the younger kids are the answer?
boomers need to die in general. they've overstayed their welcome on this planet.
former beatniks and hippies.
the self named 'greatest generation' has to first.
you do not think their children have the same methodology?
only jesus can save us brother. don’t care what you think this is a sinking ship.
just a reminder joe biden and nancy pelosi are both silent gen that is how old these fucks are.
well that is one thing that they cannot do, they will never do that.
it is always like that from past to now on there is no change in it.
yep, boomers almost never do anything right. they're bad.
yeah man, they should be in the coffin. it's just getting old.
you do not spend a damn cent more on yourself during these times. you cut back, like literally everyone else. you do not live above the people.
>what specific aspects of running such an office do you think should be cut all of them, taxation is theft.
it's not like that doing something like that for the first time in their life.
nah. i'm not confusing it with insider trading which makes many congressional members millions of dollars along with their engagement with corporate leaders, wall street firms, and banks which allows them to negotiate and secure job positions later or speaking fees in the hundreds of thousands. yet, none of this flashing, showering, promises, or other opportunities in large wealth gained is a conflict of interest.
it is definitely going to be very hard to believe on this to be honest.
wrong information is being passed through all the generation.
i do not really understand that what kind of public opinion they are asking.
people want politicians to work for free, but fail to realize that would mean only the wealthy would be politicians. making it guaranteed that the system would continue screwing over people.
it is almost like if politicians got a decent salary they wouldn't need money from outside interests. who would have though?
how about you actually research what it is that you’re saying? the average salary for members of the house and senate is ,000. are you seriously saying these people are poor and under privileged? simple public information.
she kept saying it’s cola aka cost of living adjustment 🙄
maybe it’s because a large majority do not trust politicians enough to believe they would do something that wasn’t self serving. why don’t we increase teachers spendings budgets then? or make congressional representatives use their own salary if they want to spend over budget?” i’m all for creating opportunities in government for those who traditionally haven’t stood a chance, but you can’t tell me there isn’t a certain group already looking to skim some of this money for themselves or their cronies.
people cannot afford to live, this has nothing to do with a budget increase. all people see is more government spending when they cannot afford to live. many people are either working multiple jobs to make ends meet, or not working at all. everyone has a tight budget, what makes them so special? instead of worrying about their budget why do not they work on improving people's lives? if people could afford to live then maybe they wouldn't be so upset.
just for the change this is the reality and we cannot do anything.
the junior ones are. almost 10% do not make a living wage. but yes i agree top level pay should not exceed that of congress.
lmao, there’s literally thousands of unpaid interns.
they are going to do something for it but i am not sure what they will do.
we are included in them and we are one of them as well.
let's see how much stuff they can ask for infect the analysis is really on the point there.
he should give the better ideas and strategies to all the people who ask him.
you take a lot of shill pills, do not you?
imagine arguing that congress is doing a good job lmao. 99% of them don’t give a flying fuck about their citizens.
. it is going to be influenced very easily by all the outsiders.
it's sad that you're getting so many downvotes trying to break the bias of this tweet since it is actually a [.4m increase to the mra.]( there's other things to get upset about in this .5 trillion spending bill that are actually true...
let's see how they are going to utilise it i am really excited to see it.
in this context, they can. you cannot have 110% of something limited to 100% - but you can 'increase' something by over 100%, for instance - to increase something by 100% is to have double the original amount, to increase something by 200% is to have triple.
yeah they do. you can have a 200% increase in price.
you can for sure have 1000% more than something.
when referring to growth, percentages go as high as they need to broheim
redditor for 3 weeks and a human being for not much longer apparently... what percent is a 3x increase? i'll give you a hint it is 100% times 3.
this is not how percentages work
source linked above. how about a source for your claims fren
it was definitely printed 50 years ago but right now they are worth more than what we are thinking. .
. are you saying that government is hiding the real data from us then you are really right.
>people are really stupid do not really understand that 21% is is something you cannot ignore. a few days ago michael saylor said inflation was somewhere between 15% and 25% and i believe picking the number in the middle is about right for the moment. it's going to get much higher, especially when you take into account for shrinkflation. my original comment was meant as a joke, a bad joke very similar to the current administration here and the globalist corporate takeover. do they plan on us owning nothing and being happy because everything we own will be ones and zeros in the metaverse? you certainly cannot ignore it but at the same time cannot really do anything about it as long as the current global administration is calling the shots. i should clarify you cannot do much about the fiat situation. it does not have much time left imo and that is one reason i do not mind converting it into an asset i feel is strong. have you noticed how the global administrations are all following a plan, operating in lockstep? the chaos, shortages and restrictions are carefully engineered and have been planned for many many years. following the money by checking stock tickers on yahoo finance recently clued me in to the fact that the controlling shares of almost any major company you can name are managed by vanguard, black rock and state street. the world is a stage, enjoy the show ;)
it is not just about the inflation of cost of living it is also about all the stuff we are thinking.
not really, or at least, not within the timespan you're probably considering. congressional office expenses have been rising for decades and office budgets have not kept pace. increased reliance on technology is a large factor (both in terms of the costs of the technology and the costs of the staff competent to manage). staffers who can do such work are invaluable in much higher-paid roles outside of government, and so it can be very difficult to acquire and retain such staff. so "yes" but also "no" in the sense that the "inflation" being seen here is not the same as the inflation that would affect a middle-class home. it is related though. for example, no one needed an internet connection 40 years ago, but we do not really factor that cost in to inflation metrics.
it's been clear for a long time that congressional offices were horrifically under-funded. if individual congresspeople misuse their office funds, then they should be called to account for that, but that has nothing to do with whether or not such an increase is justified.
well this is really good i will definitely go for and check it.
he needs to wake up and believe your fantasy?
it is very important that you believe the right fact and read the write article.
you are right about it this is why i do not really like doing or going there.
it's not stupid if you prepare beforehand, if you own a home or properties, and sell immediately. go rent meanwhile till the dust settles. then reinvest again in the future. when the market is low again, capitalize. life in finance gains is to be ahead of the wave that will destroy you if you do not react speedily. be wise, and catch the beginning of the wave, and surf it to prosperity and monetary riches. free advice from a financial expert: don't say i did not warn you in the months to come. 🙏 god bless.
it looks like most people in r, not read any linked articles about congressional staffers not being the same thing as senators (who are thisgustingly rich insider traders), or that they may even unionize to get more money because there is no money in being a staffer. i appreciate your attempts to engage with them anyway, despite being downvoted horribly every time you try. i read the linked articles and i understand your position. thanks.
their salary is too much we cannot even think about it right now.
>inflation rate is increasing at and very use amount and we know about it. sorry, did you have a stroke?
their budget allocation money is more than what we can even think of it.
just this is the right source and i can trust it to be honest.
i always try to explain to people who are pro crypto like i am, the more bs you use to drive home your point the more you are exposing yourself to counter arguments and thistrust. the facts are on your side, if you just do the research. there is no need to make stuff up or exaggerate. everyone knows inflation is high, no need to make up a number to make a point.
are you fucking joking hill staff make under 77k a year unless you're a chief of staff or legislative director (161k and 91k) that's fucking criminal for staff that runs the fucking country.
yes at the end every water and every vote counts and matters.
they are making a huge amount of money we cannot even think of it.
it’s an allowance increase that they use for staff, offices, lodging etc. it’s something they need.
the last time office expenses were raised was last year? if not stop trying to pretend this proves a 21% inflation rate.
it's funny the kid blocked me he clearly did not understand anything what he was talking about. he over fixates on last year not realizing that this budget increase is through the end of this year... so hold on folks it looks like the government thinks this is going to be a bumpy ride.
boomers vote for boomers. and unfortunately, they vote more than all the other age groups.
millennials are now the biggest demographic population. we have the majority of the votes now... 0 excuses for the next elections. we do not need people like the current president who does not know where he is at most of the time. let's send the grandpa's to retirement!
voting very clearly does not work
lol, that is our faults man. we should have known better.
correct. exactly this. people vote for and maintain the status quo either by not getting involved in politics at the local level, or by thinking that voting every few years for a suit fixes institutional problems. it's, a bit frustrating.
if you’ve noticed, voting from the people has drastically been hitting all time lows because the electoral colleges are the ones who decide who’s president at the end of the day. the only way to get that fixed… idk how actually because completely reforming a corrupt system is harder than starting from the ground up at this point
yeah but is the youngest member of congress, aoc any better? they are there to loot the american people regardless of age.
it's not just that, it is resource intensive to run for a political position. you need to leave your job and survive on savings for months while also spending money on advertising yourself, all for a chance to even run. imagine if any other job required you to quit your old job 6 months prior and spend a lot of money, just to get an interview? this generation does not have that much wealth.
you are making a big assumption that anyone's vote is even being counted, that is so far from certain at this point.
it's a deeper deeper problem than just that. just ask "why" and you will land at "because money". so we need to get $$. but of course, the ones who are in power do not want to change that.
the congressional options are generally boomer (r) vs boomer (d). or selfish pos taking lobbyist money a vs selfish... b
you're only wrong about one thing. these snakes are not clueless...well most of them. also, electing new people does not change a damn thing long term, if anything things get worse.
voting them out does not work because voting is meaningless. cast aside your chilthish delusions. democracy is the problem.
voting does nothing. it’s the illusion of choice, vote red or blue but in reality the outcome is the same and whoever is ‘in charge’ is still manipulated and controlled by the 0.1% elite. if voting actually made a difference they wouldn’t be letting the average peasant do it. no revolution ever started by peacefully voting. if you want to make any real change then start using your 2nd amendment.
vote for who? the choices they give us is literally the same.
it's not like they are going to find it really is it to do something like that.
no one should be eligible to run for election or another term after 65.
they are having a amazing power politics their from last 80 years as well.
trump did fine. biden, not so much. i mean, way to force russia off the petrodollar.
i'm sure the twitter mobs (ie millennials) would not be so rash...
the war is going to be very hard for the economy of both the countries.
if you are trying to make a point then just being snarky am not good enough, pal. if you really feel that the boomer generation represents the interests of anyone < 25 years old then fine, show me one instance where a recent political decision has improved the lives of the younger generation. btw, i'm 56, so i'm an old fart myself - early x-gen - and even we are wired completely different than the post ww2 generation. in fact our generation was completely sidelined when it came to all key political decisions over the past 30 years. the boomers own all that and imo they cannot shuffle off this mortal coil fast enough.
this is actually what i was thinking but it is not going to happen at all.
not young kids or people in their 20s, but also not freaking rooms full of geriatrics would be nice, too, people with literally no interest in anything that happens beyond the next 10 years... age 35 - late 50s seems to me the prime years for people to be in politics.
it looks like they are being awarded with all of the stuff we cannot face.
boomers raised many children and grandchildren that think like they do. in the 70’s we thought the old racists would die out. they didn’t.
the cost of running a congressional office has gone up. this has nothing to do with "the plight of the regular people". you might as well say that the rising cost of fueling weather reconnaissance planes is directly tied to the plight of the regular people. people latched on to this because they thought it was a change in salary for congresspeople. that is all the outrage is about.
who do you expect to hold them accountable? their buddies? it’s a systemic issue, power corrupts people naturally.
i used to live in illinois where the house and senate was considered a part time job. the vast majority were people with jobs where they could take time off without issues, usually lawyers. the speaker of the house for 30 years was a real estate lawyer that specialized in property taxes. spoiler alert, illinois has been a shit show with property taxes for decades in a way that basically forces the use of lawyers. i'm on the opposite end of the spectrum on this, i think we should pay elected officials more. but, there have to be tradeoffs then. for congress i would do things like they would be paid more, have a higher pension, but they would be barred from working elsewhere for a set period of time (basically not allowing any lobbying or consulting work). not allowed to own individual stocks, as well as tighter controls on what their family can do with stocks as well. basically, understand that a portion of people will be corrupt assholes and there is nothing you can do to purge them... but... put policies in place to limit their potential, while also giving incentives to those that would actually want to do good to give it a shot at running.
this money is not even for politicians, it is for their staff. you know, the people that do the actual work when legislation is written. if you underpay them, you get bad.
it's def one of those kinda counter-intuitive things on the surface, just like how term limits actually increase government corruption and incompetence.
the situation you described is exactly how it is in congress. their ~. i'm not sure somebody can even live in that area of dc and do the job on that salary.
new hampshire reps are paid . does this mean they are rich? quite the opposite, they are citizen legislators like the rest of the us used to have. they are often retired, with the occasional high school graduate helping their college admissions. you can argue they are not as representative as ideal, but they are not fat cat lawyers going through the revolving door to regulatory agencies and lobbying. politicians in dc do crave money, but they crave power more. the money can come later when they sell that power to the highest bidder.
lot of people are facing a lot of issues because of them right now.
… being paid well isn’t going to stop people from taking more money. people aren’t saints, especially not politicians.
they are definitely going to get a lot of money and lot of amount from it.
the median salary for the staff of members of the house and senate is around ,000 to ,000 per year. this 21% increase is for the staff budgets, not the salaries for members of congress themselves.
how about you read about what you’re saying? lmao. this is about staff and office workers.
the original comment said “underpaid congressional staffers” not members of congress
my employer pays new grad software devs with a bachelor's degree more than that.
this bill is meant for staffers, but even if it was not, do the math and tell me that , cover constant travel costs back and forth to your constituency, and support a family.
some public information is not really available like that only the average salary is much more than we are thinking.
i do not think it increases their salary, rather it increases their allowance to pay for their staffers.
> the median salary for the staff of members of the house and senate is around ,000 to ,000 per year. > > > > > > > > this 21% increase is for the staff budgets, not the salaries for members of congress themselves. copied from elsewhere in this thread. 39k is definitely underpaid, esp. for a job that requires a college education.
the education budget increases every year, [and is mostly state]( the fact that very little of that money makes it down to the teachers is not a funding problem.
all this is going to happen even in the future letter c what we can do.
*more than half* do not make a living wage, actually. (page 5) cc:
they are already having a huge amount of people working for them .
if by "shill pills" you mean that i actually look into the details of bills such as this and have a working understanding of how congressional budgets work, then sure, though i'd just call it "an informed voter".
>imagine arguing that congress is doing a good job lmao. congressional staffers are some of the hardest working, most underpaid people in dc. you might want to do some more reading on the topic...
yeah, that is the line of thinking that has lead to congressional staffers being so horrifically underpaid that they are trivially bought out by the press at best and hostile foreign powers at worst, in order to divulge the details of what their employers are working on.
it is not the complete truth which should look into more articles to find the truth.
[source 1]( [source 2]( source 1 goes into more detail, and source 2 is an accompanying graph as for the physical bills claim, it is based on the fact that the average . the 100% figure is obviously exaggerated, but would not be far from the truth
there’s a great book about hitchhiking you should read
i agree to your point completely the inflation matrix should be understood completely.
i'm ambivalent about the raise in funding, but i do think it is a bit of a dream that all of these funds will be used for their intended purpose.
it is not actually justified if you are thinking it on the right way to be honest.
every fantasy starts like that and it and some very brutal face.
inflation isn’t a fantasy bud
thanks for the kind words and reading comprehension.
it is not like we can understand their position just by closing the eyes to be honest.
again, "they" are underpaid staffers who have been practically begging for a raise for decades. even aoc has been championing their pay increase since she arrived in washington, and she is about as far from a beltway insider advocating for extra political pork as you can get.
you're simply wrong. congressional staffers are chronically under-paid. it's a problem in so many ways from the high turnover that it leads to damaging the effectiveness of information getting to the congress to the susceptibility of staffers to bribery or other forms of influence. it's long past time to address this, if only because paying people a decent wage for important work is just plain fair.
yes so we're saying inflation is 21% higher than it was last year. hence why they had to increase the budget for office supplies 21%. who the fick needs 21% raise in office supplies.
yep, younger people do not even vote. that's a problem.
what i came to say. 100% and yet millennials are one of the worst generations at voting 🤦‍♂️
i say vote out anyone older than retirement age. political affiliation does not matter in this regard. we need younger representation. people who are actually in tune with the modern world.
looks like the biggest demographic population kicked trump to the curb. the current ex president is so demented he thinks he won. so much evidence he can’t actually pull out of his butt.
the thing is that young people do not vote. they should.
to retirement? to pasture!
you can tell it matters based on how much it is attempted to be controlled. why spend billions manufacturing consent of voting doesn’t matter?
voting is not enough. we must be actively engaging with our elected officials, emails, phone calls, office visits, sitting in on committees and meetings. i'm not sure where anyone got the idea that just voting will fix anything
it does, very clearly people are manipulated into making bad decisions.
it works better than the alternatives at least.
democracy serves only one purpose. the peaceful transition of power. that's it. its not the best way to run a country, its the best way to not destroy one. so long as we remember that we can survive electing a literal man child that tries to insurrect the government with hoards of his followers. once democracy fails there is only oligarchy, everything else is a fiction. history stands witness to these facts, your choices are mob rule or shadowy overlords. as they say kings are better chess players and mobs have short attention spans, but kings die.
this is not in reference to joe biden. while he is an example of an out of touch dinosaur. governments across the world are filled to the brim with people who are way too old, past retirement age and have no reason to be leading. just want to make that clear. since most people in here are both from the us it seems, and politically idiotic.
the thing is senate and congressional elections are so much more important than presidential elections but are completely ignored by the local media and 90+% of constituents.
except it has not been hitting all time lows. your head must be buried deep in the sand.
electoral college does not apply to congressmen. electoral college also has been voting with the popular vote. the issue is pathetic voter turnout from young individuals.
not really though. the 2020 election saw the highest turnout in a presidential election year since 1960, and second highest turnout recorded since 1932. the 4 elections preceding 2020 (and that were between now and 2000, a year that the electoral college overruled the popular vote) all saw turnout percentages between 53-57% which is pretty much in line with the historic precedent. i think the electoral college is crap, but i do not see evidence that 1) it is suppressing voter turnout, or 2) that turnout is suppressed in general. source:
the electoral college is the only thing preventing your country from completely going down the pan.
aoc may rub a lot of people the wrong way with her socialist leaning ideas, but i've not seen any compelling evidence she is in it for anyone but her constituents.
boomer train of thought
one young representative sucks therefore all must. seriously what a dumb take.
so start finding and supporting young candidates. if people start actually getting elected more will run.
you gotta change politicians constantly. they rot as quickly as a banana. if you do not, then yes nothing changes. corruption happens quick.
bring back the monarchy. someone locate washington's descendents
yeah this is the sort of idiotic take i expect.
the fact that you think that is pathetic.
if you walk into the multimillion dollar villa, you are kind standing inside it. or if you see their children and grandchildren go through university without debt. that's where your heart surgery or chemotherapy went.
this is what i was thinking about as well what are the going to do later.
i like this one. keeps it fair.
trump did awful! how short?
trumps did a decent job. although he just like to jabber. point is. the older generation should not decide what's best for the younger generation. different times etc. politic shutoff should be 65-70 year old max.
i see ~~injecting bleach~~ eating horse paste has not had any negative effect on you at all.
the amount of downvotes you are having show us that you are wrong on this.
bruh i was born in 90 and dont know a single person that uses twitter, its only the generation before me and kids on there. your stereotype makes no sense
nobody actually cares about them it just looked like a propaganda machine to me.
i do not think the boomers are good. but to think the solution would be in any way improved by their not being their and instead having a troop of millennials in their place is nothing short of moronic. the problems are inherent in the liberal democratic order. a mere shift in who's ass occupies the seats is utterly meaningless. the fact people like you think the problems can be solved if we just get the right people behind the levels of power is a primary cause for our troubles.
obamacare made the lives of many. just one off the top of my head. maybe you meant any republican decision.
yes i really agree on your analysis it is not going to happen this much fast.
yes and a financial planning is very much important for the letter part.
i'm privy. my original comment was sarcasm. this other one was not because salaries do not mean diddly when members use their position for their own profiteering and protecting the wealth who feeds them than the people they serve.
let's see how long they can run it without all those taxes to be honest.
i get told that i'm wrong and a bad person for saying that elected officials should be earning at least ,000,000. ya know, singapore does that and has virtually zero public corruption.
there should also be a way to fund people running for office as well. running a campaign is not compatible with having a normal job, but you're also not allowed to use campaign funds for personal expenses, so that effectively shuts out working class people from running, even if they somehow managed to raise a ton through fundraising.
this kind of legalization is not going to work for very long as i think.
they are definitely going to get a lot of stuff like that. .
it is much more than we are actually thinking that it is the reality.
i cannot actually give you the basic reason you can go to google and search about it.
[about 54%]( goes to teacher pay. it's not *entirely* a funding problem.
i'm referring to staffers as a whole. most recent news articles reference that report. it says 1 in 8 do not make a living wage in dc. but yes 70% staff assistants, the entry role for staffer, in dc do not make a living wage.
now it will be really funny to read i am really excited for it.
the shill is stronk with this one.
most of the voters are like that only and they do not really understand all the concerns.
are you arguing that congress is doing a good job or congressional staffers?
i agree to your point it is all away from the truth and we have been pushed away from truth.
except i’m talking about m2 lol
the purpose of this thing is totally different than what we are thinking.
and you'd have to be incredibly stupid to "think" i said it was.
and you are right about it it was very well written and very informative.
exactly! you're so incredibly stupid you're saying there has been 21% inflation over the past year based on this budget increase.
yep, lol. i know it because i do not vote at all lol.
you're just describing every single young generation. this has been a problem since forever. that's why every political analyst and scientist laughed when bernie's plan was to get out the young voters and non-voters. they do not not vote because of the wrong candidates running. they do not vote because they are young, stupid, lazy, cynical but incorrectly so. "voting does not matter!" is a common refrain from young people. "it's rigged anyway!" "corporations and lobbyists control everything why bother?!" over and over they come up with justifications and reasons for why voting does not matter. but older people have lived long enough to see how dumb that shit is and they vote. and as they vote they vote for their preferences, these old ass politicians who are going to pander to their old ass voters. it's pathetic that every single generation apparently has to go through this learning process but here we are.
not just in tune with the world. expecting to live long enough to see the consequences of their actions too.
it's not that easy but we can try it the next time for sure.
i'm not shooting at biden for being democrat, but he is the best example of a inept, old man that is not even aware or physically fit to hold such an important position. i thought trump wining 2016 was incredible crazy, but with biden we really went extreme and the country is in a scary position with all that is happening in the world now. this cannot happen again!
i agree with you, while the ex president cry for loosing to the media propaganda the current one sleeps while the state of the union falls apart and the world have 0 respect for him or the usa anymore. the current old (actually) demented president (you can see it in speeches, interviews) cnat even talk or remeber what he is saying mid sentence is nasty to see how far we went.
ikr! all putin has to do is chop up a few models and stuff them in suitcases, and voila he is re elected! much more efficient.
that’s 100% by design. the media controls what is in the forefront of our mind, and is owned completely by puppet masters. they don’t want us aware of the best routes to institute large-scale change.
not only senate... if you believe the gop was routed just take a look at all those judges they appointed in the past few years. it is hilarious
> electoral college also has been voting with the popular vote. you know this is nonsense right? both bush and trump won the presidency without winning the popular vote. are you forgetting history or attempting to rewrite it?
bullshit. trump won \~2700 counties where clinton won \~500. all of the places that clinton won were major us cities with massive populations. the rest went to trump. young individuals voting being blamed is a copout. most young individuals do not vote because their vote does not matter at all, because they know the side that is going to win is their side. the number of young individuals not voting in opposition to the majority side is miniscule. but sure, if you think sanders or clinton could have won if only more 22 year olds voted in wyoming ... that is hilarious
no it is not. the problem is democracy.
lol the highest turn out of the undead. nobody with a brain thinks 2020 was a legitimate election buddy.
**[voter turnout in united states presidential elections]( >the historical trends in voter turnout in the united states presidential elections have been determined by the gradual expansion of voting rights from the initial restriction to white male property owners aged 21 or older in the early years of the country's independence to all citizens aged 18 or older in the mid-20th century. voter turnout in united states presidential elections has historically been higher than the turnout for midterm elections. approximately 240 million people were eligible to vote in the 2020 presidential election and roughly 66. 1% of them submitted ballots, totaling about 158 million. ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
lol wut? explain that, buddy.
nothing, people just hate her.
just read the original green new deal. she is the reason they banned the keystone pipeline, oil and gas permits on federal land and fracking bans, and gas is .50 a gallon. she wants to ban cows too.
lol. not a boomer but not stupid enough to vote for the people that intentionally make life harder either. millennials always vote like idiots and then cry that the economy is too hard for them.
what exactly is it about my take that is idiotic? the only one spewing evident nonsense here is you friend. you cling to systems so dysfunctional our forbearers literally saw as the corrupted form of governance. one needs only look at studies conducted measuring the impact public opinion has on government policy to see that democracy is self-evidently retarded. there is a mountain of academic work tearing your precious democracy to shreds. you have nothing but indoctrination.
the people i always wanted to vote for never got on the ballot ): last two elections, all the people i voted for were not people i was excited about, and it felt like a lesser of two evils situation.
it certainly looks like my friend is having and selective type of memory only.
yes you are right about it definitely it is going to take more than 70 years.
they always do something like that and i do not really like them to be honest.
the main problem is that currency system and the taxation system as well.
makes sense. give them enough money to do their jobs well that they don’t need to look for shadier ways to get paid
exactly we need something transparent as they have in singapore for good countries.
can you rewrite this in english?
that’s your opinion though, so a google search isn’t really gonna expand much on that.
i do not really agree with your point and whatever you are trying to say because it is not the truth.
if you actually looked at the sources and fact checks that is been posted instead of just a screenshot with meme headline, you'd actually find that you're the sheep in this particular case.
the article is about the budget for congressional offices which includes staffers' salaries and other operational expenses. it has nothing to do with congresspeople themselves whose salaries are not paid out of this budget. so yes, i'm thiscussing the subject of the article, not congress in general.
[m2's definition was also changed in 2020]( it now includes time deposits of <,000 and money market funds
what did you call a fantasy then
i mean this consumer price index would also say there is at least 7% inflation and you do that over two years that is 14%... then office supplies would be consumer good so it is at least 14%... plus the diminished value in the dollar 15 16%...
it’s not to late to start.
> they do not vote because they are young, stupid, lazy, cynical but incorrectly so. what's incorrect about the cynicism? the people who are "uncynically" voting their preference from the pandering they receive are definitely choosing poorly at almost every level of government. lived long enough to see how dumb that shit is? more like old, cynical and too selfish to care about their own children and grandchildren to *pay the fuck attention*. my advice to elders is "wake up, you're asleep at the wheel." if younger people have become non-participants in a cynical game of politically asinine non-compromise and non-consensus government, maybe pull your goddamn heads out of your asses and do not blame the people you are "uncynically" leading to this cliff.
the republic we live in here in the us is set up so the minority (the wealthy) makes the rules it is nice to fantasize that we are a part of a true democracy and the people would have a say in things but we are not and never have been a democracy. think about this for one moment we let our leaders pick their own voters through rethistricting and germandering. that's so anti democracy it is ridiculous.
your vote does not really matter though. most people just listen to mainstream media and think there are major differences between republicans and democrats (in the usa) when they are both owned by oligarchs and work to screw over the average person. voting third party does not work because you cannot get enough people to vote for a 3rd party because the media has a stranglehold over most people's perception of what is a legitimate candidate to vote for.
one problem is how primaries work. need to be affiliated with rep. or dem to vote, and obviously cannot vote for the other side. not much of a middle-ground party (which really needs to get legs) so...you end up with the more leaning or extreme people who feel strongly about the left and right shilling. and then when it comes time to vote on the two nominated presidential canidates, they tend to represent the strong left or right agendas. i wish there was a better process for nominating canidates and a legitimate third party. oh, i must add, the thisgusting amounts of money that is spent on campaigns makes me puke. sins on both sides. i hope it gets better, but i have no confidence that it will. idk...maybe it is not that bad, maybe it is. at least each side portrays it to be, that the other side is just god awful. i do not think most people think all that different, and that most everyone is pretty similar, even if they have completely different interests, religions, parties, etc. oh yeah...i'll end my babbling with one last thought...screw most media...fake and harmful
yep, it is the case with everyone. it's not like it is just one generation.
ohh yeah, we'll see the consequences, already seeing them.
in days of old, politicians were much younger. your second statement is extremely relevant.
dude 100%. this is an insanely important factor
biden is more with it than trump. your position is so far outside of reality it is absurd and you should be ashamed. that said, biden sucks.
yep, people should not have voted him on the first place.
i was under the impression this thread was thiscussing us elections. if we were talking about sham russian elections run by a failed mafia state then that is an entirely different subject.
i like to break it down with a sports league analogy. the president is the commissioner and the legislative. the corporations are the team owners and the police are the referees. the commissioner and the league officials are employed by the owners, not the players or the fans, but they are advertised as the ones with power and held in front of the public to draw their ire allowing the owners to make decisions they would not face direct scrutiny for. the issue with u.s. democracy is that in order for someone to reach the point where democracy is finally allowed to take hold, they have to be thoroughly vetted by whatever arm of the corporate oligarchy is backing their candidacy. anyone who gets enough traction for the public to know their name as a serious candidate did so through the sponsorship of some conglomerate of corporations. don't have to rig any elections if every candidate is already a shill.
totally agree. gop has certainly paid attention to *which* presidential election matter over the past 20-30+ years.
lets not forget about cleveland or jackson!
i mean electoral college votes with the winner of the popular vote of the state. not grand total of the national popular vote. not that it makes a difference to the person i responded two as the two presidential candidates are two old people regardless making their argument nonsense.
jesus christ. found the person who does not understand what a plurality is. 🤦‍♂️ this sub is full of morons.
i mean electoral college votes goes with the winner of the popular vote of the state. not grand total of the national popular vote. not that it makes a difference to the person i responded two as the two presidential candidates are two old people regardless making their argument nonsense. >young individuals voting being blamed is a copout. most young individuals do not vote because their vote does not matter at all, because they know the side that is going to win is their side. > >the number of young individuals not voting in opposition to the majority side is miniscule. literally more nonsense or i should say the real bullshit. they do not vote because their vote does not matter? now that is a real cop-out excuse. if all the young people decided to vote for someone you and progressive, they would be the majority. the reason why conservatives are winning in states like flordia is because of the massive retirement popular out there who are also statistically more likely to vote.
an extremely small sliver of the population believes that. just because everyone around you does doesn’t make it even close to true.
that says the us is not a functioning democracy, not that it is anything wrong with having a democracy? current system goes quite well with the founding fathers intentions of not having a democracy but an wealthy elite minority ruling class.
well you are right about it but it is different according to the culture as well.
the fed printed money. end of story.
7% is not 21%
bush was in office then lol
yep. liberals can never admit their mistakes.
people who say this have never heard either of them talk outside of prepared clips. he's inept. he was only voted in because he had a pulse and was not djt
he's so old he does not even count as a boomer he is silent gen.
"biden is more with it..." lmfao. both are scum. idc what happens to either. with that said; trump is an asshole. i can determine that by listening to him. biden is mentally gone, and confuses the shit out of me because i have no idea wtf he is attempting to say most of the time. turn of your hatred for trump. it's inhibiting your ability to think clearly.
my position is far outside of reality and i should be ashamed of it?? "biden is more with it than trump" ok dude.
ehhh you're mixing "democracies" up. a true democracy would not have checks and balances to try to make sure the majority does not always just trample the minority. look at the trilateral commission's report from 50+ years ago about having "a crisis of too much democracy." the real issue is that the younger people tend to value bullshit like "culture" and "personal identity" so much that they all go and gravitate to little work ghettos where they can spray their stink all over their unsustainable economies they build while racking up debt... "fashionably." all the while whining about how their choices are not sustainable and old people made it that way! so you have one side all piled into the same places and winning the vote there by lots'n'lots where you have people who do not value that lifestyle choice at all filling out the other 99% of the country. that's because that entire faction is leaderless and pointless. they could move to where rent is cheap, where debt is not bad... but then they would not be in the consumerist heart of whatever shitty trend they want to be a part of. where i'm at a lot of "i am too old for this shit" moved out to and completely took over a suburb which is far more progressive than where the, uh, body-art emphasizers call home in the city. at 1, with far more resources to actually organize. meanwhile the suburbs are still the suburbs, people who bought-in and prospered still exist and are doing fine, no matter what scare story is plastered on the popular channels. anyone serious about their "protest" would leave their oases and actually make change in those places that accumulate those on each side. but they do not, so fuck 'em. if you have a problem with "how votes end up" if you can even get past how they are obviously a sham for a layering of reasons, what is anyone actually doing about it besides posting on reddit in their own bias bubble? are we moving to the stronghold county of "the other side" and starting an opposition group? nah.
who are you referring to? it's absolutely false that the electoral college has been aligned with popular votes.
i'm sorry you're too blind or stupid to see the truth. it's pretty self-evident to anyone with a brain.
just because you're too stupid or deluded to accept it does not change the truth.
it is true. and it is a much larger slice than you'd like to believe. especially when you consider the international scene. i do not live in your trashheap of a country fortunately but i do not know a single person deluded enough to think 2020 was a legitimate election. anyone with eyes can see that it was not.
the keystone pipeline is why global oil prices are nearing all time highs and gas prices are surging around the world!!!
i do not blame millennials for all problems. they did and continually do make life harder for themselves but that is fine. not my problem. some of my best tenants are millennials, so not like i thislike them or anything.
> the mra increase would allow those at the lower end of the pay scale, such as staff assistants, to be paid more. **members would not receive a pay increase under the bill**, a point of contention for years.
trust the government trust the media 🤣
duh. but we're already at 14% plus the diminished value of the dollar by the end of the year that is another seven on top of that 14... it seems to be 7% every 3 months. guess what's 7 * 3 is 21. lmao. and i do this budget raising thing once a year so they are banking on the rate of inflation to continue to rise to the end of the year... so glad i could draw you a picture.
i have watched them both in full speech because im a freak consumer of information and i'm aware of the media propaganda and narrative dependingon the side they cover. so you are better informed seeing the speeches and press conference in full and unedited responses and you can say whatever about trump and hate him, do not blame you... but... he was not even close to how bad biden talks and not just spontaneous slurs and forgetting sentences and the train of thought like he has real dementia or something. i have never seen anything like this before in a head of state. i truly cannot believe how he was the choice in the democrats primary with so many people to choose. 😳
sorry man, i do not like biden (i agree with the statement "both are scum"). most people who reply like you do about his crazy mental decline are reading manipulatory sources and allowing your judgement to be clouded. biden is fine, he is a dinosaur, but not the completely senile buffoon that many media sources paint him to be. he's always been a bit of a dope, and a terrible communicator. now he is an even worse communicator because he is old. i think biden is a run of the mill shitty president, one who should not have received his partys nomination. trump on the other hand was uniquely bad, as he himself is mentally unfit, and the people he surrounded himself with uncapable of actual governance. i'm not shocked with the economic issues that the us is having now, given the prior 4 years of idiotic governmental decisions made at the federal level.
seems like biden is more with it than you as well.
yup ! this seems pretty close to the truth to me.
you sure like to post repeatedly about how you think millennial are all recently turned adults trying to be cool living in the city, being instagram influences and potheads etc. millennial are now in their late 30s. we're not the bs made up demographic full of bs you heard about on tv. if you are out in public and run into an adult in the us they are more likely to be a millennial than any other group.
“i don’t get what i want so we should just throw away this entire system to prevent voters from getting what they want” sorry your ideas aren’t popular.
you're arguments are fantastic.
take a look in the mirror ;)
except for the fact that there’s zero data to back that position up. like, none at all. especially enough to sway any state, let alone enough states to swing the electoral college. facts are inconvenient when they thisagree with fragile people’s fee fees.
“some of my best friends are [insert literally any minority demographic here]”
calling names now? who’s the simpleton again?
please do not have children.
no, we are at 7%. i'll admit i'm surprised you know what 7 multiplied by 3 is but it is not relevant to the conversation because last year and the year before we did not have a 7% inflation rate. you should practice your picture drawing. it might come in useful for someone like you.
>opciones allright, forget everything i said, theres no hope... if you all get mad for my obvious and verifiable critique of biden even with all that has happened and the state of the economy, security, health and everithing else in only 1 year of his term... you know you can do your own research and see every metric about how we are doing nationally and by state and see for yourself not what the media tells you... ' no hope. we are literally lead by the blind and the followers are just suckers who cant see the bigger picture or do basic aritmetic. sad
lol, what does this even mean. i do not even know man.
did biden sniff you as a child? whats going on here lol
that's not my position in the slightest. but i'm sure it is easier to simply strawman me and attack that. and so am i. but as in many cases popularity is a poor substitute for quality.
this guy you're debating with is the dictionary definition of a troll. if you look at his post history he just goes around insulting people, shouting conspiracy theories, and parroting pro-russian bs. i guess the troll farms are still operating despite the checks bouncing.
yeah, that is where i got that.
you ignored all of my sources that pointed to the fact that the federal reserve changed requirements for both m1 and m2. i do not think you want to accept the fact that you're wrong
i would say the same thing but i already know there’s no chance you are🤣
you can buy bitcoin on the cheap. it's the past today, you just do not know it.
"i'm here to set up aaahnulds pizza shop, and sell two pizzas"
bitcoin and, at this point, apple shares!
i would slap myself in year 2011, every single second hahahahaha
yes, after killing hitler.
my favorite quack theory is that an ai superintelligence from the future is satoshi, and it sent the white paper back in time to fund the creation of itself.
guess what, bitcoin is on the cheap right now!
i actually laughed at this, wife said what's so funny? i showed it to her, she did not laugh just said to better not be cleaning out our savings acct again! lol
that would probably mean my daughter wouldn't be *my daughter*, and no amount of bitcoin would solve that, so no.
i would definitely be the guy who delivered the pizza of the 10,000 btc guy.
since no one has not come yet, may be safe to say time travel does not exist. or may be the travellers are thiscrete enough. but again, some one would have mined a bit chunk in early days if time travel existed. sorry, i know i need a break.
interestingly crypto wouldn't be able to be brought between timelines. so unless you are in a timeloop, you would get back to your future but your wallet would have nothing in it. the only way to really benefit would be to stay in the past timeline and ride it until bitcoin is worth more. but in that case time travel could get you rich anyway with sports-almanac type knowledge or even inventing things early and profiting off that. tldr this meme causes a paradox.
bitcoin is only 42k today - it is on the cheap.
take me back to see would i...
man took the whole day to reply
question should be, who wouldn't. ' even peter schiff would if he could
there was a [movie trilogy]( which covered that scenario (more or less) extensively. and, it did not work out too well, for various reasons.
was no bitcoin then
maybe they came back to create bitcoin in the first place.
man, if there was a time machine invented in real life this is the first thing that i would do xd
what you can do today, do not leave it for tomorrow
wish i had bought some bitcoin waaaaaaaay before :d
better believe it! if i had one chance to go back in time that is what i would do!
he went back a little too far.
why not just "invent" bitcoin while he is at it?
whoever watched this movie must be old
i'm back to buy a pizza parlor that only accepts bitcoin.
what a robot buy btc pfff just mine whit your cpu
i still remember reading about bitcoin on slashdot back in the day, and thinking nothing of it. i wasted so many compute cycles compiling gentoo packages, and none on the easy mining days of btc. at least i feel better than those who had a wallet and lost it.
i am back to trade, read behind the signals and generate profit??
and i’m gonna swing trade the shit out if it
it is not buying, it is buying and keeping. how did those silk road wallets survive mount gox?
all in and be a bum from 2010 to 2017
bitcoin is always on the cheap if you measure in usd 😎
the fact that non of the crystal ball readers could predict bitcoin, even the machines from the future
my favorite line from that movie: "you forgot to say please."
nf35 the level of details you can access quickly and continous updating of features are all excellent
t-800 went back too far...
bitcoin can still be bought cheaply
i wouldn't buy, i have no money to. but, id definitely be mining it!
was the starting price of btc .00000001??
“the best time is now” they said. but others saying bitcoin will be under 30k soon. i’ll probably wait and spend my usdt later.
can you imagine buying bitcoin back in 1991??? 😳
arnie is about 17 years too early unfortunately 😄
bitcoin is collapsing; i’ll buy when it reaches ,000 \_\_ i read this recently at cryptured.com
i’d go back to 2008.
we still have the opportunity. 👍🏻
if i'm living back in time, and tomorrow is the present day, then when is the future?
he's only 16 or 17 years too early.
i kinda wish i bought some more in 2018. i remember seeing it at 2k-3k, and then staying stable at 10k. never expected it to go as high as it did during the 2021 rally (or even to hit 20k in 2017), but that is also why i feel like btc will continue to do really well in the future :)
def swooping some crypto up this year before the next
admit it, you repeated this out loud to yourself with your best arnold impression…
considering the possibility that bitcoin will be more than 200k in some years, you could literally invest usdt in bitcoin right now and got rich in a couple of years.
hahahaha is that terminator?
we can buy bitcoin on the cheap that day but we just dont know how.
3mgfrxngtr9mn65vxpecsrr4bqdfyq9w3r bitcoin donations welcome
i mean if i could? i'd definitely do that no questions about that.
am i the only one who finds this post so dumb? yeah, we get it, bitcoin was cheap in 2011 and we all should have bought a ton. but it is 2022 now ... get over it. shall we have a daily post now where we whine about not having bought bitcoin back in its early days? let's post an image of "back to the future" tomorrow shall we? or perhaps another matrix-image? blue pill? and then that title "would you if you could?" ... uhm no sir. i would never travel back in time, if i could, and buy a shitton of bitcoin. i would never do that. or can we focus on what is happening now and what the future might bring? downvote me all you want.
on the low bro wtf why would he say on the cheap 😒
machines have no use for bitcoin. even chilthish memes needs to make at least a little sense.
haha, 20 years to early!
exactly correct, i remember when it was up at 60k and people were wishing for 30k again, they would buy so much... then when it went back down they were like, nah bro, i'll hold off lol. okey dokey, i'll buy up some more so 😁
absolutely. every day now is cheaper than tomorrow, if seen at a longer timescale.
i need your motor cycle, your clothes and your sunglasses
it's still cheap, what do we know huh? can buy now too.
i do not have 40k to spare tho
i think it was the delivery guy that go bitcoins for the delivery service.
i passed on both when they were cheap. 2004 i had . bought a car instead. 2010ish my friend told me i should mine btc. seemed pointless and i just ran seti instead.
only if we could go back tho, cannot really do that huh.
yeah 25k invested at .
lmao, and after that proceed to buy the bitcoin. that's how it is for me.
if you went back and killed hitler, no one would know who he was or what you did or why you did it. maybe there have been absolutely thisgusting people who have been killed by time travelers but for some reason the time traveling community decided hitler needed to stay for some reason. time traveling nazis confirmed.
you going back too far buddy
it's fascinating how people yap about hitler all day, but the concentration camps in china are ok... and we'll also host the olympics there, and do business with them, and vote for politicians that support it all. people are such hypocrites... your virtue signaling makes me throw up.
just help him get into art school, sheesh
but that might lead to you not even existing or some worse leader taking control of germany.
lmao, i knew this all along but no one believed in me. that's too bad.
well this is one of my theories about satoshi actually, that they invented bitcoin and then fucked off into the future. if the math really is sound... like really sound, satoshi is in stasis somewhere and will wake up the richest person on earth eventually.
dang, talk about a theory huh. this one is really good dude.
i'm pretty sure future people will think if they could time travel to 2022 dip.
true, but it is not at
i do not know what's so funny about that lol, seems rather awkward to me.
lol, well respect for the hodling to the dollar instead of the bitcoin.
i wish i could be that but i have not heard about bitcoin when people actually started using it.
maybe that’s why we don’t know who satisfies is?!
satoshi is the time traveler
time travel forward is definitely possible. i do it all the time. can't stop doing it.
yeah cuz altering with history might be just creating an entire different timeline and a different world.
damn that is too bad, i guess i'll hodl again from the 2011 this time.
yes sir it is cheap, and people are still complaining about it which is weird.
what's so stupid about it sir? seems rather fine question to me.
some are busy and have things to do, unlike you lmao.
yeah lol, even peter schiff would do it. which is saying a lot.
what's that movie dude? atleast give me the name lol.
you sure about that? because btc exists since the 2009.
yeah seems that way to me too, cannot create in the present.
lol, and come back to 2022 and buy a fucking lambo.
to save what? is this even a thing that you're saying lol?
yes sir, if you've got something to do today do not leave it for tomorrow.
there's literally no reason to do that, i would definitely fucking do that.
that's something that everyone wish that they did in the back in time.
i mean find me a person who wouldn't do that. you cannot find that.
that's definitely something that i'm doing. couldn't even be stopped.
the best way to get more of the bitcoin is to go further back and earn money from stonks first, so you would have the 'past funds' to get your mining farms and money changer licenses ready, so you could own the entire crypto ecosystem, not just a measly million bitcoin...
not too far, i just wanna travel to the 2011. when btc used to be cheap.
doing that, but still wanna buy btc super cheap. wanna do that.
lol, i'm looking for a person who wouldn't do that.
i've watched this movie many times, used to be my favourite.
lol, looking for to buy the pizza with too many bitcoins huh?
lol, yeah can do that too. so many possibilities to become rich.
if would've mined back then could have some money now.
invest in the bitcoin as it is. it's definitely a good buy now too.
you'll get rekt in past too, if you tried to do that huh.
what mt gox adress survied the silk road? what does this even mean?
don't fucking sell no matter what, i suppose hodling will be easy.
and that is what we're measuring it in for the present.
no one could predict that, but we could have known this.
that scene is so badass lmao. one of the best tbh in hollywood.
i know right this is all very funny and we can laugh over it.
if i had that, i'll take that to the 2011. not taking it back.
hhaha! i love how people like to see it in humorous way like that.
i mean that is whay i'm saying dude. buy now. it's still cheap.
yeah you are right it still can be bought in very cheap rate.
i'd mining and mining fiat to buy that even on mcdonald's.
it's not going to under 30k, that is definitely now a pipe dream.
dang, i cannot because i was born in the 1999. wasn't around in 1991.
that's not even a question for me i'd definitely be doing that.
i'll live those years out, what other options do i've got now.
yeah lol, keep waiting for that is not happening now. those days are over.
aliens will definitely accept my btc. and that too happily.
you wanna witness the the birth of the bitcoin, that is cool.
i mean it is still cheap, i wouldn't count out the possibility just yet.
don't really know that, that is too hard of the question for me.
if he can go back he can definitely can ho in the future.
even that price was good for btc. i'd definitely pay that.
we've still got our chances. gotta accumulate now for later.
hell, yeah that definitely needs to happen for that to be true.
yep you're right , and that is what i'm doing now. buying btc.
you're being chilthish trying to find meaning in the memes.
i guess i'll have to live those years out. that's the way for me.
i think i’d wait til it hits about .
still waiting on 30k or less again
the day is gonna come when people will wish for the 60k btc.
i mean it will always bee cheaper dude, no matter when you buy it.
if putin carries on, tomorrow might be significantly cheaper...
c'mon man, you can have them easy. don't shoot me in the face.
i cannot let you take the man's wheels, son.
i do not even have a dime to spare, forget about the 40k dude.
you're confusing bitcoin with shares. you can only buy shares in whole units. you can buy any fraction of a bitcoin you like, say 0.001 of a bitcoin. you've got , right?
i wonder if there was a service anything like that i am not sure about it.
did this friend keep the btc?
passed on both because we were too dumb back then that is what.
well, for all i know you are a time traveller.
and we all know that it is not feasible to do anything like that.
goddamn, how can i miss that opportunity. i've been an idiot it seems.
maybe it is because hitler managed to kill off a key person in the race for nuclear arms. killing hitler off might have caused that person to have survived and when given the chance, served the nazi regime to speed up the progression of nuclear weapons development. this causes the nazis to finish creating the nuclear weapons days before the americans. what proceeds is complete destruction of the human race as nuclear winter settles in and 90% of the world's population starves to death. the remaining 10% is left fighting for what little resources are left. and this is where our main character shows up.
we need more snake jazz!
no because killing him alters things so at the moment they kill him it branches off from our timeline
hitler could have been an minimal aftereffect once an appocalyptic individual or event had been diverted by timetravellers?! like accepting the lesser bad scenario. otherwise all negative events could have been avoided and it we now lived into heaven on earth. alternatively, all these bad events could be for the good of all us?! that' how we properly learn, even at a very high cost.(and what if the cost does not matter at all, and learning is all important)
seems like an interesting concept for a series.
studying ancient history i learned 90% of what happens after the middle ages is a result of the after math of macbeths death. if you stopped macbeth from dying probably none of us would exists
i mean this is the premise behind the "red alert 2" story. allies thiscover time travel, kill hitler, then wwii is against the communists. there's even a shitty cutscene.
they probably killed him, but somebody else maybe even worse came to power. because it was not about a single person. germans needed someone to follow, he was just in the right time in the right place. on the other hand, killing him at the right time or making him lose, may buy us 50 years of peace.
it is because changing the past does not change the present but time travellers dont know that so they are creating infinite universes where hitler is dead... but they can never affect a currently existing timeline
well, the soviet union was apparently planning additional warring in europe, in addition to the wars and annexations they were already doing pre-german attack (poland, finland, romania, and the baltic states). i have a feeling that however the 34-45 period went, a really bad person would have invaded a lot of western countries, and if it was not hitler, there were others ready to step in, something a time traveler might thiscover, and decide to undo a hitler killing, if the alternate futures were worse than this timeline, which is quite possible. another thing to keep in mind is that ww 2 basically caused the rapid fall of the british colonial empire, when the war ended, both from us pressure, and the general financial dire straits that the war left them in. although colonialism, like slavery, would probably end eventually, the world might be very different, if the sun had not set on the british empire when it did.
i do believe that was the plot of one of the time cop movies. killing hitler caused ww2 to happen later and with newer tech so even more people died. or something like that.
hmm, maybe but if time travel was possible we would've seen them in the present time.
out of rage he killed hitler.
sooo... you wouldn't kill hitler given the chance?
its not really hypocrisy, but more pragmatism, since modern germany seems less of a threat to us than modern china, so its easier politically in modern day to 'get away' with ww 2 timeline alterations against hitler, i mean, who is going to defend hitler's right to exist ? also, its unlikely that taking out the current leadership of china via some magical future time traveler without getting the west into a war would have any effect on their camps, since the modern day camps do not have a charismatic leader driving their people to madness, but its more of a general acceptance of greater china, as there are no protests against the camps, but lots of people in china protested knocking off a few towers from the great wall...
i am sure germany is a very stable country and they know what they are going to do.
aaaand we found the nazi, folks!
but now everyone is going to believe you just have to be confident.
sounds about right. that's a good name for a guy who invented btc.
only if he is alive tho, which i feel like he is. he's watching us all.
the theory is that satoshi returned to 2008 to put the seeds of bitcoin idea, take note of first million bitcoin private keys and headed off back to the future where they belong. the ideal forced hodl scenario.
i'm pretty sure if anyone will talk about the dip then they are going to 2017 or 2020.
or if you go even far away you can kill satoshi and become the creator of bitcoin.
in the future you are going to say it just wait for 10 years.
maybe it is not possible to change the course of time even in a slightest bit.
my personal theory on what time travel could look like is different. i do not think it will be a portal type thing where people go through and they end up in the past. instead i see it as a quantum computer that communicates with an earlier version of itself. instead of traveling to the past, we will send messages to the past
feels like that way too, no one can invent btc in the present.
lol, and that fucking makes me anxious all the time. and still i do that.
it really depends on how much alteration you are expecting as you are trying to make.
the post is basically saying "would you buy bitcoin if you could go back in time?" if you think "would you want more money?" is not a dogshit tier question, then i do not know what to tell you lol.
it was just a joke about it being day in the first picture and night in the next
back to the future. :-d it's been a while, but the plot was something along the lines of transporting lottery numbers back to the past to collect the winnings. it of course caused all kinds of havoc when the "bad" guys got all the money.
you should just complete your work today and do not leave it for the tomorrow.
even if i'd have to work at mcdonald's, i'll do that and buy btc.
too much time and effort. personally, i'd only need about 10 mil to be set. get it asap and move on to doing what i really want to do.
it was one of my favourite movie as well it was really cool to be honest.
the fact is that you can buy a whole outlet for this much amount.
indeed but the fact is that you have to make your strategies accordingly.
yes you are right about it i wish if i had started long back.
yes it’s actually good to buy now what platform do you trade with?
i clearly said the opposite lol. there were bitcoin wallets that moved after 10 years last year that were previously last used for silk road purchases. if i time travel i wanna do like they did, buy bitcoin between 2011-13 without it being lost to mt gox's fall back in 2014.
yeah it was one of my fav scene from any holywood movie so far.
i hear the price was really reasonable. lol
indeed! but i am sure you have to start counting it as well.
i wonder if we can have that type of machine to go in future.
indeed we have still got the chance and we have to capitalize on it.
yeah you are right! i think it will take some time for let it happen in real.
yeah lol, keep waiting sir. that's definitely gonna happen soon.🤡
i'll keep buying all the way down to 😉 dollar cost averaging as they say
> i think you dropped a 1. wait till
i’ll buy if you sell
can wait however much you want, but that is not happening now.
as sure as the eastern sunrise.
i am sure the time is really near and it is coming for sure.
i think it really depends on the time when you buy it otherwise you are just investing for the loss.
come on, he would not
why would a deflationary asset be significantly cheaper during wartime? i would think the opposite
what does putin have to do with it, leave that sucker out of it.
i know right i want to why he is asking about all those when you can have it easily.
too many people say that they cannot buy it because it is too expensive.
from that time very few people still have their btc so nope i do not think.
no idea. he was a online gaming friend and his steam account has been inactive for years now. i had his email and in 2017 i did a i should of listened to you kind of email and it bounced back. sure hope he did. he really tried to convince me and was very into it so early on.
1st season idea just dropped
this stuff is always so interesting to think about. thanks for sharing the creative thought
so that just means no matter how hard we try, we can only alter the course of history but it will be same
this is the major difference between the berenstain bears and the berenstein bears timelines.
damn you guys are deep into this history stuff. chill out.
>hitler could have been an minimal aftereffect once an appocalyptic individual or event had been diverted by timetravellers?! like accepting the lesser bad scenario. i have to accept this is the reason behind the implausible situation we've been in the last 6 years or so.
people would not like when someone plays with a historical fact, this has been proved lots of times.
everything really depends on the type of development we are doing in the present time.
but think about how easy it would be to make us not notice, if we ever did notice, they would just go back in time and change it so we did not.
you never know maybe he is watching all of us and everything we are doing.
satoshi is force hodling his shit. that's what's going on here lol.
more like a hodl cheat code, since he would know it would succeed as a project, and there would be no possibility of early selling, if all that time were just skipped.
but the fact is that we should know how much is going to satisfy the situation.
it's mostly destructive and we keep doing it. time travel is definitely an addiction.
yes because it is a future aspect and you should do that.
and that, i'll be able to buy by working at mcdonald's i feel like.
i am not sure if your joking are you are serious about it lol.
dang, when did you rest of your coins then? in 2010?
yeah lol, that is exactly when he is going to buy. in the fomo.
nope. not sure why you’d want to but at .
if anyone is selling in the 11k, then i'm interested. hit me up.
and as sure as a one legged duck swims in circles
fuck that guy anyways lol, i do not want him here anyways.
60% of russia's ground forces on the border with ukraine. i wouldnt bet against it at this point...
yep, but the thing is people will not be running in the nodes in between war.
come on, the bitcoin market is as sensitive to those type of world events as a long tailed cat in a room full of rocking chairs.
because derivatives have made it to where there is an almost infinite "supply". price is tracking with every other speculative risk-on asset.
everything have a time from sure we are going to get our time as well.
i really hope that he did hodl and did not sold his btc dude.
i used to mine with asic in 2012 but sold everything in 2013 for close to nothing comparing to nowadays... i imagine most of the people did the same as me
season 2, time travelling didn’t fix it. we now have aliens attacking earth because we got rid of the nukes.
he was looking for someone to develop that for him.
yep history alwa makes me wonder, it is too damn interesting not gonna lie.
yes i agree to your point no matter how hard we try until unless it itself want to grow it would not really grow.
not traveling back would cause a butterfly effect too.
yes thats what i meant
no one actually like when you try to alter the facts and present them by manipulating.
i think we should consider satoshi and recognise his work more.
yeah lol, i do not think you've read his early writings dude.
january 4th 2009 😉
i am sorry must have rested his coin back in 2011 or something like that.
same reason you're advocating buying at 11k. because at some point it will be at 400k and someone else like you will be advocating buying the dip to 111k but wondering why anyone would want to buy at 1.1m.
the thing is, you just buy it and do not care much about the prices.
no one is actually going to sell and at low price i am sure about it.
putin in ukraine? neither do i, honestly
no one actually want him here but the fact is that he will come on his own.
i mean all i'm saying is that war is bad and should not happen.
no it is not, russia has an army of about 1 million strong, of which 130000 are at the ukraine and belarus border. so that is about 13% also, keep in mind that if russia wants to invade a big and populous country as ukraine, they would have to call up reserve army personnel, and block the odessa harbour. none of those things has happened yet as long as those things do not happen, an invasion seems really unlikely.
i hope you're right. because i do not want btc to go away just yet.
lol, i did not even notice that. it's even more funny now dude.
he could be a whale for all i know. he sent me 5btc as a test transaction back then and thought nothing of it.
if only we had nukes to protect ourselves!
and what's that effect lol? you feel butterflies in your stomach or what?
lol!!! 400k looks like someone is emotionally invested and doesn’t think rationally.
sound like a terrible strategy to buy an investment and not care about the price. literally the only thing bitcoin does is acts as an investment asset. it has no other use.
yes you are right about it what is bad for everyone and it should not happen.
the 60% figure was quoted on the bbc today. i cant find the link but thats what they were quoting official figures.
you sound like some army expert lol, you sure about everything that you're saying?
i am sure bitcoin is not going anywhere it is the currency of future.
everything is funny until unless you see the dip coming in real.
ok, someone said the same thing when it was at 4k.
as global adoption increases the likelihood of btc's . it's good to save cash in case of mega dip, but it is irresponsible to own none at this point
even if it were true, basic war tactics favours element of surprise. no one saw it coming when russia invaded georgia or crimea, neither would they if russia decided to attack ukraine. this is about their tenth time they flexed their muscle at ukraine since 2014 and the west freaked out. the fact that they are drawing out this buildup of troops when they could have mobilized within a few days tells me they are playing emotions to advance political and financial goals. it's not people's faults they are falling for this, the russian government is very adept at manipulation.
no, i'm not an army expert. it's just something i read about alot in the past few weeks. if you're interested, you can check out armedforces.eu, a trustworthy source about the size of armed forces around the world. the other part of my message was things i picked up from a news article quoting the atlantic councel: a thinktank that has talked about which signs can tell that russia is indeed planning an invasion. if you want, i can send you the article
simple math, the market cap can’t support that price. it’s easy to throw mega numbers out and say’ “no one thought it would hit where it is now…” but that’s a stupid argument when it’s mathematically not possible.
lol, did you say it’s irresponsible to not own any??? there are sooooo many crypto projects that will dwarf what bitcoin does from this point forward. and many non-crypto projects for that matter. even if bitcoin hits the mythical (which it won’t)…you’d only get ~2x returns from now. that’s garbage. of course that’s different if you bought in long ago. all that said, it’s irresponsible to own bitcoin at this point. the opportunity cost of owning bitcoin instead of a growing coin is too much to overlook.
everyone saw the crimea thing unfold. only no one did anything about it thinking, "it would never happen". he did it and got away with it relatively scot-free. even after shooting down an airliner full of innocent people. there is no need for the element of surprise. if they were to attack it would be a missile. no ground troops needed until after the bombs stop falling. but heck, at least germany sent some helmets and bandages over.
remind me! when all the value in the world economy (including the quadrillion dollar derivative market) rests in bitcoin.
need to stop watching alex becker my man! check out trader university on youtube. he'll orange pill you if you watch with an open mind. cheers!
the crimean annexation was swift and happened without any advanced warning signalled by a military buildup. same as abkhazia. the drawn out mobilization of troops over the past weeks makes me believe this was to incite fear and used for political reasons (as well as training and feigning attack and retreat to wear out or test the enemies' response). i wouldn't underestimate the element of surprise and no good general would pass on the opportunity of a surprise invasion if it allows for a greater victory. but i agree, the west did nothing even after signing the budapest agreements and the shooting down of the plane, etc.q
cool, can’t wait. then i’ll still not be able buy anything with bitcoin because no one accepts it. some great great currency that is!!!
who is alex becker? i’m good investing in actual projects that have runway. bitcoin is an inferior asset with no purpose or utility. the idea that it will continue to grow is irresponsible.
this is where i respectfully thisagree -- nor would i use the word "annexation". putin used the ruse of a proxy civil conflict (in his words to protect ethnic russian ukrainians) as an excuse to move missiles, tanks, and supplies into crimea. this was no real secret and he was caught red handed doing it over the course of weeks. it was easy for everyone to know what the end game was: create a civil war, accuse ukraine of killing ethnic russians and then invade. putin knew full well that the west would not defend ukraine's interest unless it was declared a full out war. unfortunately it cost a lot of ukrainians their lives as well as that of innocent airline civilians. meanwhile germany continued to serve their own interest to protect their interests in cheap ng. ironically while shutting down their green nuclear power plants. go figure.
can't tell if you are serious or trolling. people have been saying btc will die for over a decade now and it is continuing to see massive adoption. i mean c'mon fidelity's been dcaing since 2014. and there are other major institutions buying and hodling as a long term play.
sure, but the system is old, overworked, and expensive. it’s not “useful” for anything other than a version of digital gold. and in that case, let’s go crazy and say it hits double what’s been thiscussed here to ! that’s only like a 4x return from now. that sucks.
so... your telling me it could get a whole lot worse?
so youre telling me i bought the top of a huge ass moutain? fml
oh shit... there is a huge potential going way down😨😨😨😨😨
in other words, you'll see 70%+ drops after most aths, with 2-3 years between recoveries. keep this in mind when you believe predictions of new aths. over time, the price trends upward in massive ways, but if you're counting on the next 12 months, you're just not paying attention.
i saw this the other day, it is a bit misleading because it changes into logarithmic scale halfway through. i agree with the sentiment, but it is not a strong look... edit: ok i think i'm wrong about it changing halfway through, it looks like it is logarithmic from the beginning from the posts i just read, pics etc. i think maybe i got confused with the "timing " of the zooming out. thanks for the actual math, sorry for the misinformation
i’m hoping (emphasis on hoping) this is a little whale manipulation to tank the price a bit right before folks start piling on.
i do not know about you guys but this looks pretty logarithmic to me
people lose because when they sell for low profit and sometimes get caught in a crash or dip
why put it on a logarithmic scale?
i remain positive, i spend my usdt on bitcoin, even more .
separate emotion from price movement and you will succeed. becoz the people who lose will tend to yield to emotion.
nice, so basically what i am seeing here is the returns get smaller and smaller — exactly what i am looking for!
the more you zoom out the more it looks like a double top...
as long as the trough is higher than the last trough i'm hodl'ing.
what’s that famous saying again? what goes down must come up?
wow... that's a lot of space below to free-fall.
so you're saying that it has a lot farther to fall. got it
so the nearly double top at the end of the chart does say nothing... i'm good with that... i'm a noob
the money printer has stopped, and so the “hedge of inflation”.
they said 2022 will be fine
yeah i love catching falling knives. my investment strategy the whole time
glad to see that is just a small dip not like something big.
lol this shit is gonna crash hard
yeah but all this means is that it is got an even longer way to fall
what is he saying is we have a longer way down
bitcoin has proven to be a big part of the future it will drop for many reasons and rocket right back up to new highs
i am glad that i do not get panic after seeing these small dips.
theres no doubt its going down and is 37% down approx from ath... just zoom in... its a bear .
zoom out because bigger pull back is coming. don’t buy the dip .
so the question now is should we sell now or hodl ?
always zoom out, and do not assume that everything goes up forever.
i predict in about 4 or 5 months we'll see another ath, probably around 80k
when you start from zero, your profits are always infinite! x(division by zero)
context: if you bought your bitcoin 10 years ago this doesn’t bother you at all. congrats!
non linear scale, nice joke haha. 2 dollars on the half of the scale from 0 to 90k. lol
zoom out. to see how much you missed out on. people who bought early laugh at 50% dips. people who bought recently panic. how is zooming out gonna help? because it always goes up? it always goes up, until it does not. thanks for nothing.
this is a poor representation. 're currently around . that's a significant drop that is not properly shown.
people saying do not sell at these low prices hahaha
old data may be irrelevant and including it will be just as bad of an idea.
you mean we need to just keep holding? may be there is a whole new word specifically created for it. hmmm just cannot think 🤔
upward bias? look how much more it can fall lol
the answer is and always be the same. if you are bullish: hold. if you are scared then just sell for some peace of mind. bitcoin, being digital gold, is supposed to be used as a store of value after all.
you can scroll out??
but when i zoom out i get confirmation that we are in a downward trend. most likely the start of a bear market
so you’re saying it can go even lower? xd
i really want it to go below 30k. that’s when i’m gonna start buying the fire sale 😎
logarithmic scales are extremely misleading
always zoom out to see that its not that bad compared last time.
just ignore the price and plan your investment for a long period.
that’s a solid 12 year chart. have faith hold and buy!
i like this dip actually, i was planning to buy some more.
ok new to investing into crypto and wanting to put money into bitcoin whenever i can. is this post suggesting there will be a big drop and to wait or what?
my first time and my balls are sweating. i do not even have balls.
yes, congrats to all of you who bought btc at .0010 where the graph starts
bad scale. on purpose. lies. it gonna fall and you know it.
but we are not investing since 2010 buddy, keep that in mind.
i sell with a huge erection at 200k or shit my pants and sell at 50 cents to the coin. no middle ground
i believe that bitcoin will undergo laterization for about 3 months.
past data is not a true reflection of future performance but over time it might proof otherwise.
just waiting for someone to say "this is actually bullish."
past performance is not indicative of future results
you mean it has that far to fall????
if the price of btc would drop to "zoom out!! in 1980 it was !" xd
excellent point, certainly, but the true value of such an approach would be if we could travel back in time and invest years ago. for anyone who invested at , this rings hollow. however, it will go back up. just keep buying and dca your investment down - you'll make more in time.
don’t pout… zoom out
gotta love logarithms! even without the logarithmic scaling the point still stands though. just not as dramatically as this leads one to believe.
still looks bad lmao
who cares it’s up since 2009? we bought at the recent top.
i see a bubble or maybe a puppy dog, idk….
brad garlinghouse is not scared
"this season its time to... d c a down your vencents"
in hind sight bitcoin got pumped the f out of from the stimulus money and social media hype over the last few years. lets see where support is actually at!
when in doubt, zoom out
yeah it still looks pretty bad
always lookat the big picture
you know you are using a log chart right?
yeah you have wait another 3-4 years 😂
what happens when a 2008-style crash? once a sell off starts nobody will want to be stuck with worthless coins…. seems inevitable that panic selling will eventually send it back down
the more you step back the less you care
the further i look the more fear i get. things shooting up like they did after the lock-downs tends to end badly.
the overly dramatic stuff happens in the day trading gambling silliness that goes on well above the level of adoption of bitcoin as a store of value and future currency. here's where the baseline support of bitcoin is:
this is almost nothing. wait 5 months and it will be over most likely. and if not by then, then probably in 4 years.
yeah, we should compare more to understand the full situation and know when and how to make more usdt
past performance is always 100% guarantee of the future.
it's kinda loosing steam. makes sense since market cap is so much bigger now
this scale is not linear... misleading ass post
i just bet on it going down.
if bitcoin fails, my future is ruined.
surprises me how many people fail to consider the bigger dick... i mean, picture.
i wish i had a time machine man!
with 430 dollars right now you can buy one million satoshis. please can someone remind me of this in 10 years?
also keep in mind that’s a logarithmic chart lmao
honeygain goin down ...are starting to leave !
larger i look i saw an obo, and now i think that next journey i s to 20k
looks a bit logarithmic though...
gross. this guy’s post history. lol
what, that it can get a lot worse?
i'm looking to invest more, but i am waiting to see if it dips more. if it reaches back up to 'll buy as i do not want to miss out on this dip, however i think it will dip further. google the term "head and shoulders pattern" the graph currently looks like exactly that! indicating it could potentially dip further. the good thing is i am 100% confident it will bounce back no matter what it falls to.
20k is probably the new bottom of an all out crash
i bought at 30k. i don’t why you guys are panicking but i’m still green.
hah plus investing at btc
so you dont how how graphs work? because this is completely wrong
when in doubt, zoom out…...
wouldn't the market cap be something like ,000,000,000,000t if this happened? that's the world economy a few hundred thousand times over. this should be big news!
i think the investment decision for bitcoin is "will it reach ?" if so, then investing some money in it will pay off with higher likelihood of s&p500 or bonds or housing providing that return. doubling in 4 years is a 20% annual compounding return. the best case scenario for us bonds is 17% total over 10 years.
what site is this?
when in doubt, zoom out.
forest for the trees...
the price axis does not seem to be linear
ah yes a small correction
you are certifiably stupid if you are trying to think linearly about a logarithmic chart.
i’m buckling up for ! what is selling?
you will be amazed at how patient you become after you die!!
so... buy the dip
i’m not touting or claiming anything about btc future movements when i say this but... all the people saying this is misleading, it isn’t. log charts are very commonly used in investment charts over long terms. please don’t assume just because you don’t understand something that it means it is misleading. i have been surprised to see how ignorant people are every time this is posted people say the same clueless shit about log scale. it is used appropriately here.
you have just taught a valuable lesson in how some media presents information to you. it’s not lying if you just kinda chance the perspective a little bit
people should get excited after this dip, i do not know why they are panicing.
leverage works both ways. easier for speculators to short at these levels rather than long
looks like issues in kz caused hashrate to plummet. short term noise.
hahahha .its how to manipulate people .bitcoin maxi malist say . 1 .its a correction 2. its a manipulation whales buying dip 3. zoom in .u can see how its doing since past year .so its a great opportity for long term jhahhah .
waiting for confirmation for going long. will let you know when ready 🤑
bitcoin is a scam, keep in mind it is an investment trap for the stupid and a pot of gold for the wealthy
exactly it will go down on fed decisions jan 25 and march , huge drops could see 30’s realistically
you’re using a logarithmic scale...
if this shit drops below 30k, i'm buying 2 more coins outright.
i miss this sub pre 2017, sounds like a lot of people still need to be shaken out. i know price is important for many people but the macro environment and universal scarcity is what keeps me around. i do not think anyone has seen anything yet. bitcoin is the greatest financial off ramp and piece of freedom that ever will exist. my only concern at this point are shitcoins and leverage, this is turning into a fucking casino.
i'm out, looks like i'll be making way too much, wouldn't want to be in elon's situation.
good old when in doubt zoom out
went from shriveled balls to a boner in 3.5 seconds
my apologize but i dont agree. for me this kind of video just makes who bought at the top feel better... nothing guarantees you that the price will come back or when it will come back... but probably at some time il will (probably) until then the money would not be useful or if you withdraw, loss is here.
"the bigger they are, the harder they fall." ...lol... i'm sorry, i had to.
the volatility itself is what looks bad
it's all about the long game 🤞
bullshitter. lmao yall going down
this makes the 2018 dip look like nothing lmao
what kind of bs justification is this? look at the cisco stock chart from 1990-2000. just because something has gone up for a while doesn’t promise that it always will. you goto have better reasons than just that
nice just have to figure out when to buy
hold is the most simple but very complicated rule in cryptocurency.
this has not aged well lmao almost down to the 30k's now could fall a whole lot more
exactly. damn some people just don’t get it
that's a nice post after the dip, thanks for motivating me.
once the market finds a bottom... then viola to the moon
dude you all gotta stop sharing the same thing after every dip.
what happened? china ban crypto for the 100th time? lol
is this the dip you speak of buying?
can you please post a download link for that graphic with any necessary attribution? i'd like to share it outside of reddit. thanks
too bad i bought the top
you talking about your dong
when in doubt, just pull out.
it’s still worth a lot
like any of the tallest peaks, most die on the way down
is it still going down?
i was looking at that today
i believe that btc will take off soon. cmon people, why are you so in a panic now? everything will be fine!
the only price data that matters is from the day you bought onward. rest is irrelevant.
the graph is not at scale though
it makes it look like we're about to fall off a cliff.
perspective is key. it’s only money after all. no matter how bad it is, it’s not worth dying or crying over.
it’s like a money mandelbrot
it all depends on how someone wish to accept the thing too.
"when in doubt...zoom out"
yeah we all are seeing this for like 20th time this day.
why do people even get scared after seeing dips man?
couldn’t someone sell and hold on to the money to buy it all back at the lowest point to make more or would buying more regularly benefit in the longer run?
like dobbs, i think i'll go to sleep and dream about piles of \[bit\]gold getting bigger and bigger and bigger.
tell me sum we don’t know
when in doubt, zoom out!
haha i needed to see this
soooooo, we're starting to plateau?
it is already 6k down from where you started
so are you saying i'm 12 years too late to buy the dip?
looks like that run is done
so your xhart shows btc at 47k but actualy it is at 41k
there is definitely support at ,000
that axis whack af haha
dca hodl dca hodl
for me dips are some good opportunity to buy more man.
always zooms out if its unbearable.
we all know adoption is a rough road. when people say: ‘i wish i’d gotten in in at ’ what they are also unknowingly saying is ‘i wish i’d held through mt gox, the block wars, hard forks, the crypto winters,numerous gov bans and never sold’. only 21m of these. no matter what it’s worth in cuckbucks you have the same amount of sats. hodl and everything will be just fine.
so here’s the thing keep zooming out some people may be in the red for years to come actually if you zoom out enough the entire universe is flat so that has no correlation whatsoever goodnight
the person who did this graph doesnt know how to count .
i do not think btc will rise too much without a new injection of money .
dude people are not sad, they are investing more in this dip.
yeah man thanks for showing this chart, i was waiting for it.
this dip helps many of my friends, they were waiting for it to buy.
seem it will suffer a lot more and become a bag holder before it raise up.
damn it dipped to 0
i came here for the confirmation bias. thank you, i’ll see myself out now. i’ve held my tesla stock for 10 years and haven’t sold. i wish it was bitcoin though instead. hindsight is always 20…….<sigh>😔
timeframes make a difference in seeing the big picture.
this is short sited, this only affects those that entered in the 50’s and 60’s, look at where bitcoin came from! this is just a pullback when taken in context of the whole.
bitcoin investment is much safer today than it was in 2013 yet people were going all in into it
according to this chart 2017 and 2013 year bitcoin bull cycle ended on early month of next year, so this year i think q4 bull cycle will by the early months of 2022.
except most bought above 40k, and most of them are now in the red. those whales holding for 10 years are billionaires, not part of the crowd.
i think it’s the matter of where you were in !!!
you’re just telling people they bought at the high lmfao
we are getting closer to the limes...where will it be and whats going on after?
i do not believe in the cycles, the price is always unpredictable.
2011 bull run similar to 2017 2013 bull run similar to 2021 but i do not think we are going to see btc to 100k.
techinal analysis is akin to astrology. it fails to consider any new information such as regulators coming down hard on bitcoin and tethers increasing shutdown risk
lol redo the graph in march and rip
i agree with others in the comments; this graph makes me nervous because it looks like it is flattening out .
when in doubt... zoom out.
tis nothing but a scratch!
you will also see it hit 3$
i’m gonna save your post
it looks awesome if you ask me. i can buy bitcoin at this low price and this is amazing. i already bought some on bitfinex and keep some money in case it goes even lower.
zoom out :). this is the key to taking full advantage of an incredible monetary revolution like bitcoin. you have to make a time paradigm shift from looking at things in days, months, or years, to looking at things in decades. difficult in a world where instant gratification is the norm, but it is the key to profiting from bitcoin.
i just started up in bitcoin - a few sats, bc i had extra on a paycheck - a few days ago. told a friend about it. she had heard the word "bitcoin" but nothing else. all of a sudden, she is keeping up with the price, and calls me to say "i told you so", and give me a lecture about frivolous spending. i started laughing and could not stop - this friend walks out of the casino once a month, average of . every single time
thank you. i hope we go to 30k. i need to get a full bitcoin somehow.
bro - it’s bad. stop with the ‘oh look at me, been here before shit.’
it always can :d
this is a patience game, you have to stick to it . cheers !
bottom or not bottom, that is the current question :d
yes. first time ?
it always does. and then it will ath again at some point. i'm looking forward to buying the dip
while i remain bullish myself this post does make it seem more like it is going to get worse lol
i mean, the higher the price is the more it can fall...
it always can, just look at venezuela.
and that majority of investors are buying the top lol
literally came here to say this. i’m like “ok so then we should prepare for a 10-15k price floor?”
that's what i see
it only got this bad, so far.
yeah - i'm afraid of heights :)
this guy understands crypto.
that’s what i see too hahahaha
personally i think crypto is filled with waaaaaay to many get rich quick dopes and we are due for a deep drop. 20k to 3k kind of drop. maybe 12k? it's nice because it brings more serious development. maybe crypto is too mainstream now for that so idk. but i see all these hopeful posts and all i can think is how it is not the bottom until those posts become doom and gloom. i would not be surprised at all if we see 12k before 100k. it's not easy to hold and so far in the last wave it has been
it can if that 42k does not hold off wick!
yes and then some.
excellent. let’s hope it does. need to fill these bags
oh yes. quite literally a lot worse than it has been.
just like plenty of people in 2018 and 2014. 🥳
"we are at the top of the mountain but we're only half way there" -dr. disrespect.
the point is it may be top for now but not for every time.
well, it’s the top… currently. it won’t *always* be the top. there will eventually be a top to top your top.
it’s always 100% so it’s still the same potential for loss.
this is the way. it's reasonable to expect a significant drop and then few years stuck in the doldrums before another prolonged rally. so reasonable that it is almost crazy to not expect this.
this was not a normal cyclical ath, much lower, which is likely why the bull run is not over. that said - if it were, i would expect a far more modest retrace than previous historicals. +70% would put us below the 2017 ath and those types of retraces are unprecedented.
> in other words, you'll see 70%+ drops after most aths, what are you comparing against though? you cannot really meaningfully compare all time highs on arbitrary graphs without understanding what the graph fundamentally represents. e.g. if you try to look at charts of stuff like currency exchange rates, stock prices, gas prices, food prices, transportation prices ... you'll get lots of graphs that look like this one. and you cannot say anything meaningful about what an all time high represents unless you know what is being graphed, and what the fundamentals are of the market the graph represents. oil prices spike when there are demand shortages, currency prices fluctuate with the economy and interest rates, stock prices change based on company performance, etc. you cannot even talk about "market adjustments" unless you have some model for what the "right" price should be. with a company you can look at the business fundamentals and market for the companies product to predict how much revenue the company will produce in the future and set the "right" price based on expected future income. what is the "right" price for bitcoin?
43k...hodl and feel that i probably need to spend last fiat for this "dip" .
it's log the whole time. you can see even at the beginning the top y values are closer than those at the bottom.
yes, it is misleading. the logarithmic scale will linearize the exponential growth. so the mountain is actually bigger and steeper than it appears
yeah this is not honest statistics. the popularity of this post shows how green many retail investor's are.
i'm pretty sure it is exponential all the way. it's just zoomed in so you see the details, which look the same as a non-exponential scale at that level.
well, go look at the all time on coinmarketcap then. it’s still the same argument.
the scale doesn’t change... i had to respond to people the other time misconstruing the scale. it is the same log scale the entire video.
log is the only way to comprehend a chart with exponential growth.
it's always been whale manipulation
“who are these people?” seinfeld. “and why the heck aren’t they buying now?” us.
it is probably the same reason some people measure their dick from their balls.
because that is the most meaningful way to measure investment returns. absolute numbers do not matter, only multiples.
because the normal mathematical growth pattern of the universe is exponential. it's the default way to measure complex things.
because linear scale would make zero sense when looking at historical data spanning multiple orders of magnitude.
because bitcoin volume has increased exponentially. when value is determined by the network effect, then the logarithmic scale is the only way to accurately view the data for comparison. the meanderings of the btc chart today can not be linearly compared to a historically exponentially smaller number of participants.
just like the greeks(?) would only carry through with an important decision if they were able to come to that conclusion both sober and drunk, all numerical charts should be viewed raw, cropped, various timeframes, and logarithmicly.
i bought it at 46k. didnt expect the perfect scenario to happen of 42-43k. damn what a buy this could be.
we just gonna hold man, nothing else. everything is gonna be good.
just hodl. period. bitcoin is for the future. not for now. only spend it when you can buy something really life changing for yourself and maybe even your whole community. (i'm waiting to buy a farm to use as a non-profit community resource center, personally.)
something like that... close enough.
yeah i was thinking about it as well, it is going to crash more.
this means that it is going to fall more in the coming days buddy.
it will probably go over 100k, when it halves again in 2024
based upon what exactly?
ive been sayin since the inevitable correction, feels like were prob gonwa see 35-33k sooner than people anticipate, then in 6-9 months(in reality itwill end up prob being 2 years! lmao) hopefully 72-75k and hold between 65-75k for a bit but wtf do i know? not a god damned thing
struggling to hodl at the moment with btcs price action.
i would love to bet you on this. made 't reach 100k by 2021, so let us keep the gravy train going.
i'm amazed at how seriously some people are taking this 😂
i do not know if i bought the dip, i just keep buying without thinking about the price...
its going lower. if you jave moeny left, save it and wait.
when you bought sub 20k, a crash to 40k is still a hefty unrealized profit.
i was down 80% at one point. bought more. bitcoin is inevitable. if you're not in for the long run, maybe this is not the right asset for you.
-ad6958. chill. i know it is frustrating but if you can just hold the btc position you have. you will look like a genius to those who come into bitcoin later
"lol, tell that to me when my enron stock balloons" enron bulls -august 23 2000
no you cannot actually do that buddy just buy on the right time.
everyone in the market will ask you to hold and buy at the right time.
hahaha! it was the best time to actually invest in the market to be honest.
people gotta stop sharing these graphs it is not good.
actually, we can be very sure that past performance of complex things in an entropic universe emerge, grow, and then die, so that their parts can become the basis for new things to emerge, grow, and die, indefinitely. bitcoin is in the growing stage now. probably in its teenage years, if we're thinking about human growth. it might die soon in a glorious daredevil stunt, or it might grow up normally, and become a mature adult like many of us do before we grow old and finally die.
yeah but i am not understanding what's misleading in it? i never studied math lol
lol in other subreddits they all are saying this shit bro.
on day 1 of my business i sold 1 widget, on day 2 i sold 2. i extrapolated my business out and realized in 1 month i would sell 4,294,967,296 widgets. i am gonna be rich
they all are just stupid people, they just gotta calm the fuck down and should not share these things.
> excellent point, certainly, but the true value of such an approach would be if we could travel back in time and invest years ago. for anyone who invested at , this rings hollow. was what you would have said back in 2018 when the exchange rate was around . bitcoin's basic support grows at 10x every halving cycle (4 years) with the stupid day trader gambling shit going on above that, making people confused. look at the base, not the overly dramatic tops:
if i get told to hodl one more time i'm gonna scream . . . lol
whenever you feel that it is just too much, zoom out!
yes - when you zoom out you see many aths are followed by drops of 70%+, so hold long-term, and stop believing short-term (anything less than 12 months) predictions.
38% fall from ath is portrayed as 3% fall. pretty big misrepresentation :p
an exchange rate of .10¢ up to ,000 in 13 years looks bad to you?
no , a good reason to buy some more bitcoin. i think i'll spend some fiat on this.
temporary plunge,, this will not stay the case, it will soon pick up!
here's what the support graph looks like:
it should be stopped, we gotta accept that it is a freaking dip.
looking at the big picture always solves my problem.
obviously. a log chart is normally how you graph exponential growth, which is how memes typically spread.
i think panic selling is good of newbies is good for long term investors, it is a part of the game.
indeed, people panic selling national currencies in favor of a non-inflationary global storage of value, and hyper-resilient currency like bitcoin is indeed nearly inevitable.
that's the whole thing, we should not step back that much.
you saying that we will witness something bigger than this in coming years?
yeah mate and we all know that future of btc is pretty awesome.
let's hope good for the future man, i do not wanna see any dip.
yeah lol he shared logarithmic chart, that is really misleading.
i wish for it, i want to buy more in coming dip brother lol
i guess there is no difference between both of the things.
bitcoin is all about the long game guys. stack satoshis for the long term
yeah man we are here for a long time, we should not get afraid of these dips.
what's the difference between logarithmic chart and other one?
they are sharing logarithmic chart and thinking that they are good.
mfs panic selling bitcoin i am like bruh why are you doing this?
yeah man he or whoever created this included logs in it.
these guys been posting this chart since stone age.
nah do not worry it would not gonna get any worse than this.
we never gonna see that buddy but you can continue your hate.
whether this is the point to buy or it may go down further?
that's actually good for you mate, keep investing in it.
damn i wanna buy a full btc too but do not want to see it on 30k.
none of those who hold has lost so far. don't sell your property cheaply.
in life i've found patience teaches it is lesson over and over and over again.
no, i've been nervous lots of times.
that’s what she said.
what point would you consider the dip?
good call. 8 hours later and it is almost down into the 30k bracket. what a plummet
also, the 2010 price is only relevant if you bought in 2010. i am not buoyed by gains i did not participate in.
don’t look at the price, look at the units and you’ll see nothing change. just hold .
and on a log-scale, those price declines become visually larger the further down you go.
country like venezuela have not so much economy to affect crypto.
bought in 2014 at the peak and it took years to make up for it. worth it tho.
ya but this might be da top
honestly, i cannot fathom people not snatching up bitcoin at , , , 'm truly intrigued and interested to know how it will happen. what will cause it and what will change in the minds of those investors waiting for a dip? fun times ahead!
1k or 100k by june
i think it is working like a cycle and must goes down to move up.
yeah, but the expectations was a higher ath. so that’s the weird part.
well said. bitcoin is a currency, a commodity, and property, with elements of a stock (buy because you believe in the project). but doesn’t have the fundamentals of any of them.
people actually guess but everytime crypto makes it wrong prediction.
yes people like to turn data into what they think by manipulating metrics. had they shown a full log trend or linear the message would be more reliable.
the fact that this comment has so many upvotes shows how green many retail invetors are. what's not "honest statistics" about this? it's a log scale. they're commonly used to show data that grow exponentially. it wouldn't change the point of the post at all if it was shown on a linear scale.
there is a reason log scale is used. price growth is exponential in nature. to see this, go to your favorite stock price plot and compare an etf like spy to its index using a logarithmic scale. you have to mentally move one line up or down (adding) but it can be done. not so with a linear scale unless of course you are good at visual multiplication.
seriously. ath of 69,000, and we're currently at ,000 (+/-)? this is an intentional misrepresentation at best.
lies, damned lies, and statistics
pause the video at about 4 seconds in. you can see a graph with the price between about 40k to 60k on the y axis at a linear scale. but a couple of seconds later it changes to a logarithmic scale. edit: yeah i think i was wrong, i think it is log scale the whole time. sorry for the messup
the argument is weakened, because in reality it is a bigger fall than this chart shows. this is non-logarithmic, true representation of price.
i just meant that the inaccuracy of the video makes "bitcoiners" look a bit silly if other people who actually know how graphs work see the video and spot it. there's no need for little sneaky tricks like that if we want more adoption...
i measure from my asshole. that way, i can be proud of my 4 inches
wait what?? wtf i have been measuring wrong this whole time?? that adds at least another inch...100% gainz!!!!
yeah, they should measure from the ground up like real men!
if you're skinny they are actually the same, where your dick ends and your balls begin.
haha great answer. bravo
never measure from the top, only thing up there is pain. i go from the side if i’m being honest with myself. from the asshole when i tell girls.
that is too funny! lmao
i, mcmurray, have a 5.15 inch penis!
not even just "investment returns" but any complex thing that grows. physics is an exponential sort of thing, normally. only a few things, mostly artificial, are more "liner".
good point, but this chart is still misleading about price development.
but this trivializes somebody who bought at the top, who probably lost half.
this is what my mom told me, you just gotta hodl son!!
it's a pity that bitcoin is going down, but i will still hodl it until it reaches 100k .
based on... "trust me bro"
based upon that the past 10 years has been bullish so the coming few months must be too!!!!
there is not any fact, it is just a comment full of hopium bro.
based on the patterns of the past few years i think we'll be in the 40k range for a few months and then we'll see another rise, maybe not to 80k but it will break 70k. or it would not.
a guess. cant exactly science this shit out.
don't get panic, i would say that we should forget about our investments on these time.
sell at a loss? when the history of the asset always bounces back to ath's? i do not understand why people cannot be comfortable holding unless they are over leveraged.
ooh we got an internet bad ass here. 500 dollars huh? wow do not go crazy.
yeah even i was wondering that how people can ignore such important stuff.
the profit is going to grow more and more just wait for the better time.
that's the real thing, we just need to trust bitcoin, nothing else.
>bitcoin is inevitable. it's comments like these that make this sub seem so culty
i am very excited to see the future man, bitcoin has a lot to offer.
even if bitcoin gets dead, youtubers would still say that bullish thing.
it will take a lot of time for it to actually go up and achieve it.
yeah you are right about it but it was long back bro.
agreed. the only thing about crypto that is been fairly consistent over the past decade is that almost all "predictions" about what is going to happen next, short term, or long term... \----> have been wrong. ;-)
those early gains tho, almost looks like we are at the top of the hill where it stays flat...
also makes exponential declines look like nothing at all...
but still some people are not gonna understand this thing.
i think it is better to stay informed while investing.
no no, i just mean it will be nothing in the coming years, like the prices will be much much higher.
that's what i am doing my bro, we gonna be rich in coming decades.
and it keeps on dropping 😀
i only buy! i don’t sell! take every chance before its too late, and collect so many coins as possible (no shitcoin tho)
i don’t either. realistically i’ll never own one.
this is a game of perfection as well as timing,those having luck get winner.
unrealized losses are still losses my dude. i do not thisagree with your sentiment, but let us also not fool ourselves.
everyone speaks about patience,but no one actually shows it when it is term of money.
hopefully, before death arrives.
or horribly punished. ¯\_(ツ)_/¯
surely you cannot be serious...
absolutely no way to know. no point in timing the bottom. i'll probably buy some at these prices. wait a few months, buy some more. wait a year and buy some more. all of it is lower than i think btc will be in 10y
it’s always a dip if **you expect** the exchange rate to be higher than it’s currently at.
being "newer" to crypto, i agree. this argument is annoying. we could have bought ford stock in 1910 for one cent. or google in 2000. same with btc tripling in 2020. great. we bought in 2021 for that 3x, and instead got halved. (yes, albeit with the caveat only invest what you can lose). still, there is not a lot of focus on the volatility when everyone was eupohoric and saying, buy, buy, buy! maybe it should be, "buy some, buy some later, buy some again later still." "just hold," is fine. but another argument is never hold fiat, since it loses value, so turn it into btc. but, keep some fiat bags on the side to buy more btc during dips. it's inconsistent. it seems btc- hodl, buy low sell high, 10% sales on way up, 10% buys on way down (from post on this sub- thanks), etc. maybe we can have open thiscussions about the different strategies and when to sell. now, we're hiding in the closet with our phones to execute a sale. still grateful for the posts and learning from everyone- thanks.
that’s not what i’m talking about.
every penny from 2014 is worth of holding and must not be used of.
yeah, if anyones gonna use “took years” as an argument against 40-60x your money in 7 years, they’re just doomed to fail.
it was the top. it is over now
they would say the same in 2018 and 2014. and probably wont matter much 4 years from now.
this is why the price has high support and it doesn’t just "goto zero"... people aren’t willing to sell their btc under a certain price and demand quickly outstrips supply thus creating a new bottom which has historically always been much higher than previous bottom
higher ath is my expectation too! but i'm happy if that happens in a few years
expectation is a big word and i do not think crypto is perfect for it.
isn't that exactly what we got a couple months ago?
and bitcoin is also changing life of people as well as the payment system is.
yup, and with markets like crypto it’s way easier to manipulate them than predict them!
manipulation can only be done by those who holding too much.
most people do not know what logarithmic even means. they think it is linear
beginning of s curve maybe lol
we all want that number is one more extra digit until this month end.
is it? looks like those are the real numbers to me:
majority of small investor like us are actually is red zone.
to my naked eye it appears logarithmic the entire time. the space between 1k increments at the top is smaller than at the bottom, especially when paused at 4 seconds.
as i said, i'm pretty sure it is a log scale the whole time, and you're just seeing the details, which, at that level, look "linear" because they are so close.
it is just linear vs log, it’s not showing a bigger fall jesus people... 🤦‍♂️ notice how all the prices before 2017 look like a flat line despite the fact that there has been extreme volatility over all those years as well. now you know why log scale is used.
is there one for market cap?
yup, and most measuring tapes have a perfect little metal hook thing at the tip to really secure it in place back there
"what did you learn today from r?" "that i have a massive dong."
it isn’t. please understand log growth charts
prices do not matter, only returns. if you invest , it is the same as investing later *"hey, but you made 5 thousand, man!"*
the point of the chart is to show long term, you described someone who bought couple months ago. that part of the chart was shown at the beginning which appears linear at the small scale (even though it’s part of the same log growth chart)
actually, it puts it in perspective because you can see that the drop in 2011, 2013 and 2018 was a lot worse.
it trivializes it because that price action is historically trivial
that's the point of the post.
i think this kind of hopium is what we all need right now.
but we could see the major benefits in coming years not in 5 months.
solid stuff. it will go up, unless it goes down or stays in place.
"because it went up before"
when market crashes the chart patterns and harmonics do not work as usual.
can you point to such a pattern? typically it is about 3 years between each peak.
sounds reasonable, i got my take profit at 78k for now ;d
few years? while we ignore the rest of the 12 years? 🥳
> based on the patterns of the past few years you mean the patterns this last halving completely failed to match?
he is just high on hopium, we all know that is not possible.
can we find an impartial third party to escrow our bet? bitcoin trades 80k on cb:59:59 gmt may 31, 2022 edit: i do not care for ad hominem. i let the money do the talking. put up or shut up. i sold all my bitcoin at 40k last january and made 20% since then on s&p500. so ya, i'm pretty much a certified internet badass.
i’m not selling lol. not before we break 69k for sure
yeah you are right the least we can do is to be confident on our investment.
if you haven’t done any homework of course you’re not going to believe or understand why people are saying these things. nobody starts out believing that bitcoin is the real deal-it sounds so crazy right? but as you delve deeper into everything it makes more and more sense until one day you become a raving lunatic going all in like saylor or dorsey. either that or you give up and sell at a loss, there’s usually no in between. read the original white paper and satoshi’s posts on bitcointalk from ten years ago. read the bitcoin standard. if you still think it’s going to go down in the long term then that’s totally fine, you did your research and came to the conclusion that bitcoin isn’t going to work out. but there’s a good chance that if you do the homework you’ll understand why we behave like cultist lunatics. why jack dorsey would quit his job as twitter’s ceo to promote bitcoin. why michael saylor became a raving bitcoin lunatic even though he was already a billionaire. why even us senators have laser eyes. the price is the price but bitcoin is much, much bigger than the price.
we both know sanelad did not have any btc before 2021. he just wants someone to buy his heavy bags.
money is a religion. different currencies are different denominations. (pun not intended, but i like it!)
, look like an idiot? in this hyperinflatory environment? you think the fed and treasury are done stimulating? take an advise from the post and zoom out. the only ones that will look like idiots are those who had the opportunity to buy bitcoin at these levels and did not
that "flat" part is still 10x. but, the actual peak will happen at some point, after full adoption, and when something new shows up that people want instead.
no it does not. the drops are the same as the peaks in proportion. going up one exponent is the same as going down one.
plenty do. they usually succeed.
what i think is sometimes patience reward us but sometime it also give pressure as well.
haha... that is what i was wondering, hold it, hold it, hold it, then you'll be telling your grandchild that you'll be handling over your bitcoin to them and ask them to continue to hold it, never sell, never use it. lol...
like losing part of your arm???
i am serious, and do not call me shirley.
sometimes people need to be serious so that they would be pe perfect.
i buy every day. every. day.
>maybe it should be, "buy some, buy some later, buy some again later still." you're just describing dollar cost averaging (dca) which is already like the most common advice for buying btc.
exactly, over the course of 1 year btc is only up 12%
>we could have bought ford stock in 1910 for one cent. or google in 2000. yes as if that is an indicator of future performance
you don’t actually believe that do you?
well yeah, that is more than likely no matter how the next 2 years look. but i was talking about now.
no, higher than what the ath currently is.
most people only knows about one thing and that is is how to earn.
people being ignorant does not make the chart thishonest.
it's a fucking logarithmic scale. the only reason someone would use a log scale for this kind of graph is to misrepresent the actual numbers. argue it all you want, but when 99% of people see a graph like this, they expect it to be a linear graph. which is obviously the intent by the originator by the framing of the graph.
it is, people are just remarkably ignorant of how log scale works here, despite being on r’d think people would know this stuff lol
try pausing it at 3 seconds then, and get a ruler and put it in your screen. i have not done this myself, but when i pause it there the y axis lines look like there is the exact space between them, totally linear and it is very apparent how the graphs shape changes in the last 4-5 seconds of the video
i know, right? it's like they were made for it!
we have not had our actual drop yet this go-around.
damn you cleared almost every problem related to bitcoin xd
exactly. now send me .0001 btc for my advice.
yeah this is what it is, it is gonna go up because it went up before.
well it is a finite resource with growing adoption world wide... but yeah
we didn’t have a peak. we had a hill.
3 years? we had two ath in 2021.
the halving cycle is 4 years. the baseline support of bitcoin as a store of value and future currency — as opposed to being a day trading gambling game — goes up 10x every time:
just wait and watch the game my friend, we gonna get the money.
i'm not saying it is impossible
you even know what hyperinflation looks like? us had much higher inflation in the 80s. you seem to think stims and controls are a bug of the current system. you realize all these measures have come about following multiple more severe crashes and inflationary periods. you realize how much worse 1929 was? especially in germany? it's far from perfect. but that does not mean btc is your salvation. that's like thinking because our environment is fucked now we should just eliminate all environmental regulations and the epa.
yes i know, i did not say it was not. i just said it makes interday drops or increases look less dramatic.
hold and hold as longer as you can and you will be get the reward in return.
this reference will never grow old.
at least 2 people downvoted this comment. why?
probably not da top, but it could be the top for the next 2-3 years like it was back in 2017
yeah, i thought we might see -50k at most this cycle
lol if anyone says they know the answer to that question, they are lying to you or they don’t understand that they cannot possibly know. either way, plug your ears and run away from them swiftly
the ath is always higher ; )
yes it does because most people assume this is a normal chart and compare it to other normal charts
exactly the same argument i had the last time this was posted. everyone was claiming it’s thishonest or misleading... no... you just don’t understand log scale that’s your own problem. it is very commonly used in investment charts.
> the only reason someone would use a log scale for this kind of graph is to misrepresent the actual numbers. no dude. a log scale is the only way to appreciate the exponential growth of bitcoin, or any expoentially growing data. a hockey puck chart hides all past rises and falls and becomes meaningless. in even mildly extreme cases of exponential growth, a linear scale just looks like a square wave and the only thing it tells you is what today's date is. > obviously the intent by the originator by the framing of the graph. you are seeing malice where there is none. please assume good faith. and honestly, why call out numbers and say the numbers are misleading if you know those are the correct numbers? at best your comment was misleading...
ruler test confirms a difference at 3 seconds. around 3.
i do not have a ruler but i do have ms paint installed, so: whoops, it is on the 0:04 mark. whatever, the bottom is clearly 47000, same as it is at 0:03, the scale did not change yet.
give me your address i will send it to you, i am the son of nigerian prince.
"growing adoption" i would thisagree. you see it being adopted as a currency worldwide? i feel like people on this sub cannot even agree on it being a currency.
eventually it is true that it will reach the moon in coming time.
i think he is not talking about those aths, he is talking about something different.
i did not say ath. i said peak. when you have a couple of aths in a short time (less than 12 months is short), that is just a double peak. we had similar in 2013 and 2017, but it still was 3+ years before we saw another peak. zoom out and look at the pattern.
. you obviously do not understand. pls do your research properly. during the hyperinflationary collapse of the german currency during the weimar republic that you referred to above, the german stock market had a huge boom. during such periods when currencies collapse, investors rush to put their money into anything that is perceived to have any form of value. so yes, bitcoin and other hard assets will be your salvation in an hyperinflationary collapse. also, check out the stock index of venezuela for the past 3-4 years and see.
yeah maybe but i don’t think so. i was in the industry back in 18. the most diehard crypto people in the business were convinced that they had been scammed and crypto was gonna die. i don’t think anyone would ever be that pessimistic these days.
that would be okay too. but most likely just the next 18 months. perfect amount of time to stack at an average of 50k
i have never said anything about anybody knowing anything. i’m not sure where you’re coming from with this comment.
that has nothing to do with my comment.
logarithmic is the "normal" chart imho. the linear one is just not useful for me besides the shorter time scales.
if i explain something in a factual manner but am not understood (say calculus to 3rd graders) that is not thishonest. it might be not knowing your audience but it is not thishonest. the same applies here.
look at the y-scale instead of making assumptions.
how was my comment misleading? was ath not ,000? was btc not trading around ,000 when i made that comment? hell, as i type this, btc is at ,900. what part of that is misleading?
yeah i was wrong there i think, edited my post. thanks for actually doing the test, sorry.
yeah you're right, i edited my post. not trying to spread misinformation, thanks for the correction!
i hope this will change in the future, i just cannot see bitcoin like this in this sub.
given that there are a lot of scammers and trolls in this sub, you definitely should expect there to be some "thisagreement" about bitcoin here. but it is obviously a currency, since people can spend it on things. which is the definition of a currency.
there's a whole country that accepts bitcoin now. it's growing slowly, but its growing.
true that, bitcoin has a lot to give in coming years bro.
everything is a risk to some degree. what's a better bet, dollars? you should diversify but bitcoin is a relatively safe bet compared to the vast majority of assets.
you're right, i misunderstood
except bitcoin has no actual value. it cannot be eaten, worn, burned, etc. the floor price of btc is 0. that's a fact. the floor price of physical commodities will never be 0, whether it is gold or grain or other metals, they will always have some value that makes them never worthless.
oh, plenty of people are at least that pessimistic these days! are they right? well, that certainly remains to be seen.
i guess you did not get the joke.
just basic intuition that large majority of global population has not even heard of log, you're talking as if everyone was educated and failed to understand lol
your comment placed a question mark after that sentence witih those numbers, making me think you were *questioning* those numbers - ie implying they were incorrect. why put a question mark after that sentence if you weren't questioning that?
so it’s not a store of value? it can function as a currency sure, albeit a bad one. do you think most people use it as a currency? is that why you bought btc, to use it as a currency?
do you think it is going well for el salvador now? how much trust do you have in bukele?
. this last comment of yours says it all do not even know where to start with you. you cannot be helped. so long friend, bye!
you think people still are skeptical that crypto is here to stay? i feel like i haven’t heard “bitcoin is a scam” anywhere except r
it’s a bad joke.
it’s not being shown to the global population it’s being shown to btc holders. log scale is something every btc holder should be aware of because it’s essential to thisplay btc long term growth and predict future price movements.
who knows the future man, maybe people would adopt that as a currency, maybe they would not.
bitcoin is a long term savings account (store of money) and, obviously, a currency. i personally got bitcoin (some i got by exchanging national currency, and some i got in other ways, earning it, for example) as a long term store of value and currency.
that article does not mention bitcoin at all. also, i never said i trust or support bukele, so not sure why you're bringing him up 🤷‍♂️
i like spy, been investing my entire adult life. i do not agree with choosing not to invest in something because you're afraid of the government. that's just my opinion though, i also like guns, night vision, and all sorts of things that my government has repeatedly tried to wrestle away from its citizens time and time again.
lol typical response, have a good day
absolutely! it will depend on the people you know of course but i definitely have friends that are firmly in the crypto is a scam camp. they honestly think that in a decade we'll all have forgotten it even existed. it's even something of a trendy viewpoint for some tech people.
sure my point is that currently it’s not used as a currency. you wanna bet on its future thats fine, just be honest and say you’re speculating since as you said nobody knows the future and the entire btc thesis depends in this future adoption.
currency is not meant to be hoarded, if you bought it to hold then you did not buy it as a currency. i also think it is a terrible savings account since it is uninsured. 4% of bitcoins are lost every year, and every day here someone laments how they were hacked and lost all their btc. it's your money tho, do what you want with it.
it’s all about the country you referred to and the despot running it who’s implemented btc. you pointed to the country as some kind of success, now you don’t wanna talk about it anymore?
that is an incredibly legendary take. "if we do not know it , we should not regulate" jesus fuck if only the rest of our system thought like that.
yeah, he holds btc
the reaction of the guy in the back, when he asks how much senators even know what a cryptocurrency is is great!
you do not have to like someone to support their policies that you agree with. so tired of saying this.
at least he supports the btc by saying his fellow senators must observe what is this thing before yelling about it. totally agree with him.
this is hard for me to say but...i ...i aree with ted cruz
idc if it’s ted cruz or bernie sanders saying it. i’d support them for it
i never thought i would upvote anything ted cruz would say, but here i am…...
i cannot believe i'm saying this, but... thank you ted cruz. 😊
simulation confirmed. ted “fuckin” cruise is saying things i agree with. the world is a strange strange place.
cruz has his moments. this was one of them.
a lot of the comments on this are a bit embarrassing. if you can’t agree with someone that aligns with your best interest because they aren’t part of your specific cult you might have a problem.
this is amazing! good job t-cruz 👍🏽
leave it to crypto to be the reason i agreed with ted cruz for the first time in my life lmfao
cruz is one of a very few in washington that seem to actually have common sense.
to be fair, even if you had somone educate them most would lie about their understanding and try to crush crypto anyway.
fuck you for making me agree with ted cruz for one second of my life
also came here to say did he just say "we should not destroy lives from complete ignorance." ...that makes sense, a usa politician making sense...wait what
not american, but i imagine the democrats going like "if cruz says so, let us do the opposite and regulate the sh!t out of it". like, imagine if they regulated ecommerce and the internet back in the 90s.
he should run for president. i think he would do well.
the smartest thing he is ever said.
that's what i call words of wisedom.
no taxation without representation
my brain just broke. i...agree...with ted cruz!?! what the fuck is going on.
did i just agree with something ted cruz said? this feels weird.
hearing cruz saying this make me think "are we the baddies?" then i think that he probably has a lot invested in crypto.
did he just say something that makes sense? whoa
thank you mr cruz, excellent take.
honestly much more articulate and reasonable than i would have expected, from cruz
for those that do not like ted cruz, consider listening to an episode of his podcast "the verdict" for an episode or 2. i think an honest listen may have you seeing ted in a different light.
cnn would hear this and say: ‘ted cruz insults fellow senators, possibly fueled by racism.” and their audience would believe it. listen to what politicians actually say, not what the media ‘says’ they say. you’ll realize the ‘bad guys’ (conservatives) are often actually not bad people.
i was amazed i finally appreciated any words that came out of his mouth.
can’t stand that little prick, but he’s 100% correct with this statement
i hate ted cruz but this is the best take. i'm down for regulation but it should make sense and come from informed people.
i hate ted cruz myself, but in this instance he is making perfect sense. just about everything that he said in that short video is logical and i agree with 100%, specially when he said that why would you regulate something that you hardly know nothing about (i.e. learn more about it first, gather facts, then make a decision). one thing though is that i wish that cruz would do , is to apply that same logic and follow his own advice, on other things other than crypto (which he probably benefits from) and on doing something for other people, even if he does not immediately benefit from it
he did a good job. hardly ever agree with him on a lot of issues but this time he stepped up to the plate and knocked it outta the park.
“so let’s exercise a brief, shining moment of common sense...” unfortunately, even that low bar was too much for our “leaders”.
hell must have frozen over, because the zodiac killer just said something i agree with. i bet they will attempt to regulate crypto anyway
wow he just earned some points in my book. first politician that has said something that has some kind of logic behind it.
god dammit even a fucking broken clock is right twice a day. hey texas if you're in here, vote this prick out.
if only the rest of congress could learn from his statement.
gotta give credit where credit is due, effing-a cruz, thank you. you're the absolute man right now. really, not just right now, i do not like all of his politics, but remember he also stood with aoc in the beginning of this saying that congress needed to investigate the gamestop situation. so, for real, thank you ted cruz.
im a miner. at least out of decency this should be what they should do. that bill is crap. is just a money grab.
wow, um, go ted!?
omg i’m agreeing with ted cruz this really is the end of times ... on a second note how much you holding there ted ? looks like ted got diamond hands 🙌
holy fuck…...i agree with ted cruz on something.
i do not like ted cruz or the vast majority of his politics. he has, however, fucking nailed this.
cruz has been going to bat for crypto for a little while now. i love it.
not destroying peoples lives or livelihoods from complete ignorance would definitely be a breath of fresh air. we are truly governed by morons, this guy just happened to say something smart.
how did the most evil person of all time say the right thing on this issue. we live in a fucking simulation.
the world truly feels upside down when i find my views directly align with the views of ted cruz. what a time to be alive!
it just hurts me to upvote anything positive towards ted cruz but fucking hell take my upvote.
i’m a registered democrat and still must say that speech was bang on point!
shit, confirmed crypto used by banks to launder cash if cruz is pushing it
holy shit, that’s amazing! honestly didn’t think that mini sanders would stand up for cryptocurrency. hopefully people will at least listen to this idea.
uhhhhh... wow! did not expect that to come from him.
theres actually a guy speaking with normal sense, luv it
senator cruz is long cryptos.
like this man more and more.
ted cruz is a rat faced zodiac killer but let’s see if he can redeem himself here.
i think what makes crypto work is that it’s not regulated. or controlled by any one group. i am not sure. but if governments take control of it, it will go bad.
maybe the senators should do some actual research since they haven’t learned dick since they left school 50 years ago
i can’t believe i’m aligning and nodding my head with ted cruz. my life has just turned upside down…
rare w from cruz, he is definitely holding btc...
not adan o f this guy but this is was well put!
i cant believe i agree with a really good, personal opinion that a man has who supports something that i also support... he’s not on my “team” politically, so how can we agree on anything in life?!
i don’t care if you thisagree with cruz’s political views… he is actually pretty intelligent. and i’m not just talking about this clip. he’s a smart man.
one of the few senators with balls .
i like ted. he does his homework and watches out for american entrepreneurship - the lifeblood of our economic system that provides everyone an equal chance if you work hard. he has grown into a formidable leader with a brain and common sense.
unfortunately, this what happens when you simply vote by party lines and vote based on how people say you should vote instead of listening to the individual yourself and forming your own opinion.
i am big fan. and that is okay.
the deep state is trying to take over or kill crypto period it is a threat to the global banking system
you know, i just realized i have had bad feelings about this guy only through memes and media mocking him. good on ya, ted! finding out more and more that the conservatives are the reasonable ones. maybe itnis just my aging?
crazy how smart ted is glad to see him standing up for bitcoin 🤞🏽
the exact same thing could be said for gun regulation.
i also dont usually ever agree with him but hes his the nail on the head about trying to jam cryptocurrency regulation into the bill. it will certainly be tied to infrastructure in the future if they step back and think rationally about instead of pulling the trigger haphazardly
never was really into politics because i know most of it is just an illusion to make you believe you have freedom of speech ... when in reality freedom wasn’t created for our liberation it was created for the governments benefits . with that being said i don’t know anything about this man i’m just glad someone is standing up for what i believe in . crypto to the moon baby
the guy in the background (on the right) is partly cropped out of the original. he got a good chuckle. :14
well said that man hear hear
i gained a shitload of respect for cruz. knowing what things you do not understand, and should not f--k with is one of the clearest signs of intelligence. if only my boss understood.
realistically it’s common sense in the general matter. it doesn’t have to be about bitcoin or cryptocurrency. why pass legislation on subjects where a good 80-90% of people don’t even understand, on top of a likelihood that your representatives never even heard of. in my opinion, the infrastructure bill is jam packed with so many policies that there’s a number of things in it that can slip through that’s against the public’s best interest.
when one of the worst people you know makes a good point… the world truly might be going tits up.
i never liked the guy but i like what he just said!
he’s an awesome speaker though. he keeps your attention.
why can’t he be this sane all the time?
cruz speaks the truth
i do not understand the people who hate small government republicans but own crypto. it's almost like they want their bitcoin to be taxed lmao.
fuck i hate being on this guys side. he's right though...
it's funny how many people are agreeing with this guy once he is speaking about something they actually understand. he usually is pretty common sense in his approach, but what cnn and msdnc show people is usually different.
why do many of you feel obligated to issue the thisclaimer that you don’t like cruz? what’s wrong with cruz other than the reasons the media fed you to thislike him? i’m sure there are legitimate reasons to thislike anyone, but i think most people are conditioned by the media to reject anyone on the right. i’m skeptical of the reasons.
so this gets me because it strengthens that cruz represents his constituents.he’s pro states right over federal rights. smaller federal government less regulation. if texas legalized weed this year he would support his constituents as he believes in the states ability to decide for themselves. now there are personal beliefs he has that he stands strong on that make him the bad guy according to the media which then makes him the “enemy” of the people, ie. abortion and immigration. when in reality most people desiring less regulation and more freedoms are more aligned with him then they would realize. plus he can make fun of himself. specifically the fact he looks like kevin malone when he doesn’t have his beard.
you won’t hear hard left democrats saying that.
fuck it let them do whatever the hell they want. bitcoin was literally designed to tell any government to fuck right off. as far as i’m concerned, longterm, it lives completely outside of any regulation any single government can impose.
yep he is a dipshit grandstanding opportunist, but totally on point with that speech.
genius…he is one of the most misunderstood intellects in senate. for cryin out loud… he is cum laude from princeton & magma cum laude from harvard law.
i am a fan because he is always saying and asking what no one else in the room wants to say or has balls to ask… and for that he is hated
i live in texas and i am voting for ted...
why not a big fan? what i see and hear him he seems pretty good to me. the media does not like him to they spread crap. a lot of people buy into it.
vote republican in midterm elections ppl.
cruz must be a hodler. i can dig it.
how did this guy muster the ability to articulate something this accurate? don't care for him but cannot deny when someone is right
biden trying to ban bitcoin here in the states to protect his banker buddies
redditors crap on republicans…but the republicans do one thing well…they don’t want the government in their business…
everyone saying wow can’t believe cruz would say that. no shit he would be on that side. but keep hating him and other politicians because the propoganda you watch on tv and social media says you have to hate them.
i don’t know about you… but i just became a ted cruz fan. this is literally exactly what i would say to those hard headed fucks…he spoke slowly, clearly and elegantly…. and he got his message across
i’ve always been a big ted cruz fan. need more senators line him
liberal reddit hates agreeing with a republican. 😂😂
lol most people in here can’t articulate why they don’t like like ted cruz. this is one of the smarter senators around. you are supposed to vote on policy, not social media memes and partisan news that tells you who to hate more.
cruz is a boss, nothing new, always has been.
way to cut off the rest of what he was saying
but...but politicians do not give a rat ass about destroying hard working people's lives just so long as their own financial benefits are protected
broken clocks are right twice a day. it is with that same regularity that i'm agreeing with this cognizant, talking scrotum.
big fan of ted cruz. one of a handful of politicians who has read the u.s. constitution.
politicians are really the most honest people out there. they really care about our well being! he may make some good points but as mac said, “and what? vote for the democrat who's going to blast me in the ass? or the republican who's going to blast my ass? either way, politics is all one big ass blasting.”
maybe it is time to become a big fan of cruz?
crypto is more important than political party. i have never voted republican, but i am now a huge fan of ted cruz. from now on i’m a single issue voter.
too bad he is not president.
it must kill all of you liberal clowns that the dems are going after crypto. from yellen calling it a money laundering scheme to the dems taxing it. i bet you are so pissed you are sitting there just quiet as a church mouse about it... lol
why does this title of this start with ops opinion, who cares what op thinks about a politician, they all suck. let’s keep this crypto related, not political opinion subreddit.
he’s right and he’s not perfect but better than most
the irony is that if you replace the word cryptocurrency with basically anything else this troll douche does believe it’s a huge self-own.
if you hated ted cruz this should be a warning sign that you have been poisoned by propaganda and it is time to wake the fuck up
impressed, he must need our votes.
i’m agreeing wholeheartedly with ted cruz and this makes me angry.
i cannot stand that spineless douche, but... he nailed it on this one.
same could be said for the gun control regulations they try to pass.
it’s like cruz was born only for this exact moment. as he’s failed texans over and over and over and over and over again. but i applaud him on this one, might be the only time ever
thanks i hate agreeing with ted cruz.
wow. cruz has said some dumb shit before, but i have to say: i'm pleasantly surprised here!
i am a conservative. the republicans do not usually know how to articulate anything; the democrats are very great at that act. bottom line deregulate and let capitalism flourish! capitalism makes america great for everybody who wants to put their time and effort in. hodl my fellow apes!
i really hate him. like truly hate how he thinks in many ways but he makes really good points on very specific topics every once in a while. this is one of them. unfortunately, i cannot help but feel he has an ulterior motive for it because it is ted cruz and he almost always does. either way, i'm happy someone is saying something similar to this at the highest levels of government. tired of extremely old people in government not understanding basics of technology. hopefully crypto can translate a conversation into data rights being human rights.
he’s only saying this shit because the democrats are trying to pass it. also likely that he was paid to
i hope this sub isn’t turning into a ted fucking cruz circle jerk. a broken clock is right twice a day but it’s still broken. fuck ted cruz.
i think you guys are missing the point. he’s just doing what trump does but with bigger words. “i don’t understand climate change, therefore it’s not real”. the truth is if he doesn’t understand it then he should step aside and let the people who do understand it take control. crypto needs regulation. cruz is an idiot.
what a stand up guy.
no fuck cruz. just because someone has one good take doesn’t mean he’s worthy of praise. dude is anti science and wants my entire state to get infected and us all to die.
accurate: "let us exercise a brief moment of common sense"
danm cancun cruz is on fire 🔥
ignorance did not stop them before didnt it?
just another tax haven for the rich
registered as an independent
sen cruz is correct, but elements within the treasury and yellen wanted the amendment. so, now what. does rep pelosi ignore the crypto community and pass the legislation. it all is nonsense.
i'm a fan of ted cruz and this is great!
i absolutely hate it that i agree with cruz. this guy has shown himself to be an absolute fraud. that said, he is right.
he's pandering... b is pond scum
a broken clock is right twice a day or whatever
broken clock can be right twice a day, even a blind squirrel finds a nut once in a while, etc. maybe this asshat should apply this otherwise cogent piece of logic to the rest of his political activity.
he is the embodiment of the phrase "even a broken clock is right twice a day".
just need a clip of aoc condemning crypto and reddit will be in absolute shambles.
ted cruz is usually the smartest guy in the room. alan dershowitz said he was the brightest student he ever had at harvard.
i hated the guy too but the more i listen to him the more i like him.
cruz 100% owns crypto. there is no way he would defend something if it does not benefit him personally.
this is one reason why the democrats are going to have a hard time in 2022 and 2024.
cruz is a smart guy and owns a lot of crypto. the major problem is it’s the new cash thus really untraceable. the fears of a crypto crash are legitimate as well but for that to happen it was take a collective dump.
let’s go republicans keepin’ it real
his wife hide married a real man
lyin’ ted has officially become the lion. well done senator cruz. you have my vote
ted cruz has been a great leader the last year. we need more smart senators!
logging in to the btc sub and seeing ted cruz and lauren boebert rocking the front page. not a good vibe.
you should be a big fan of him.
you all liberals here? seriously?
ted cruz is a bad ass. only bad asses leave the state when it’s freezing for the caribbean.
next thing you’re all gonna realize is ted cruz is actually a pretty decent senator and makes pretty decent arguments most of the time. naaaaah what am i sayin you’re all brainwashed moonboy socialists lookin for a quick buck
gotta hand it to ted "cancun" cruz. i'm not sure i'll ever agree with anything this guy says or does but this is right.
i usually this cruz is pretty dead on
cruz is a fucking idiot.
i still fucking hate him though.
no. no. we do not glorify anything fled cruz says. he is only looking out for his interests, not yours.
he really must’ve got a lot of bitcoins hidden somewhere and bothered to study it to even accumulate them. glad he said the most basic thing those people in the ehem chamber surely didn’t bother to study at all.
he likes his shadow money donations, but it does help the community today
agreed lol. ted cruz is actually right for once in his life!
hello and welcome. congratulations on agreeing with tex cruz! please reply below with a valid address so we can register your information with the thought police and send you your standard issue tiki torch.
it's not good for us when cruz is the one defending crypto...
unsubbed. i’m cashing out on all my crypto, i have made about . not as much as a lot of you i know. the minute you all start supporting right wing crazies, im out. peace and love, its been fun!
yeah this dude is still a total piece of human shit waste…
i think his name would not help crypto much, however much he tries
what a fucking chode lmfao 😹😂😂
cruz is a moronic grand stander butt... he got it right for the wrong reasons nothing! nothing! is going to stop digital currency in the usa. why you ask! cause the single largest holder of btc is the fbi! fact!
he sees opportunity, because he is an opportunist.
he's a douche, but he is also right. glad to see you back from cancun, cruz!
incredibly ironic. dudes a turd
a broken clock is right once a day am i right? but seriously fuck ted cruz. pandering for new voters because oppsies you killed your own base with your dumbass policies.
a smart politician would know if the people are happy and not struggling financially they will happily keep paying taxes. i believe ted cruz knows stuff like this. if i cannot win i would not play.
- create complex system that only your people understands - lawmakers cannot regulate what they do not understand - ??? - profit
goes to show you how the senate actually feels about bitcoin regulation when an amendment goes down 99-1. wonder how many secret holders there are in our government.
said this on a r
are you a fan of warren, or portman, or warner, or sinema?
can we please get back to the number of dildos i'm allowed to own though?
sooo... what is cryptocurrency?
don’t get me wrong, i think a lot of senators don’t understand crypto, but i know full well that a portion of them do. the ones trying to push this through are probably doing for profit.
what was the response to him saying this? anyone got the full video?
speaks more to his prowess as a politician than an arbiter with logic and common sense. he definitely do us a solid. but he was able to get up to speed on something he knows very little about quickly so he can get out in front of it and the cameras.
if only we had ted stevens to explain the tubes and trucks involved
ted cruz and the republicans should maybe take that stance on idk science... climate change... vaccines. instead of pandering to crypto enthusiasts with empty words...
yea if they could go ahead and apply that to everything they do that would be amazing.
this goes for most thing in politics worldwide 😂
this guy is a repugnant crap bag but he nailed it.
broken clock is right twice a day
but we're gonna do it anyway
final stage us is going up in smoke right now. if you've got the crypto to move you probably should be thinking about heading to greener shores.
thanks ted for speaking out on ignorance…… a topic you are well versed in…...
so weird to see logic coming from this guys mouth.
is he right? absolutely. but he’s also not even a man. cuckold to trump.
opportunists know how to be opportunistic.
never thought i'd say "based ted cruz"
how tf do they not understand what a currency is lmfao
cruz missile hit report: in the middle
is it me or does he look like a used tampon after a heavy cycle?
is this a real vedio? seems like fake voice
still don’t trust this turd. he will turn his back on the community as soon as it it a profitable for him.
coinbase is begging to be regulated. the staggering number of people getting hacked is ridiculous. all they need to do is to take a few extra steps to protect their customers.
damn someone really did dress up to look like ted cruz.
i'm really glad its being said. but i hate that it is this guy saying it.
how old is to the top!
kudos to him. this is the first time he’s ever made sense.
and the house laughed and laughed and laughed and approved the measure anyway because fuck prudence and the people... our central bank overlords do not like crpyto stealing their power away.
holy shit did he just make sense!!
ted cruz is a fuck, but i like his stance on crypto lol
not a cruz fan at all!! but, props to you sir for bringing this topic forward. 👍
lol that’s funny af! all republicans hate regulation! because their hedgefunds which is their master of puppets hate regulation! follow the money i ain’t lying lol they park their money in crypto when they have too! it literally part of their scam business model!why do you think the current drops and then pumps. 2008 is is inbound regardless. check out this dudes resumee lol plays both sides
this truly was a brief shining moment of common sense from ted cruz
what a shocker. if i made a list of impossible things that could never happen, i'd put 'ted cruz exercising common sense, well measured governance' pretty high up the list. alrighty teddy, let us do some bipartisan shit.
ugh. i really don’t like the guy. but damn. i like that speech. fuck
he just called them all "ignorant and irresponsible"
i hate this fucking deserter lying pos but that almost made me chuckle. what a wise decision. needs to be implemented more often
the sad thing is that a good cruz speech is like seeing a comet, which means we would not see another good cruz speech for awhile.
when he is right, he is really right. also when hes wrong, he is also really wrong. lol
or said another way...we should destroy people's lives from a position of knowledge and do it with intent.
whatever crypto owning intern staff that wrote that for him deserves a raise.
he can take as many trips as he wants to mexico after this
born in çalgary, çanada.
written by a canadian
you can replace the word cryptocurrency with the majority of things that they vote on...
impressive he can string two sentences in a coherent manner.
he’s a total assturd and every bone in my body shivers at the concept of agreeing with him
i do not know what's up with this clip but the spoken audio does not match his lip movements.
ted is saying what could be said about basically everything the federal government decides to wade in on. if you don’t understand the problem then it’s unethical to regulate it. he’s right for saying it and it’s scary that more aren’t.
first time i’ve ever agreed with ted cruz.
after the attack i wrote an essay where i said i could not wait for the day that the only memory on people's lips that remained of people like cruz was "traitor" - and yet here we are and he is the only one talking sense. wtf. wtf. wtf. wtf. oh right yh money in politics. because let us do everything for a market force of which has no basis in reality. gotcha.
what he says is so logical but yet i still find myself wanting to choke him out 🤔
finally something good after all these years wasting tax payer money on him.
1. screw politicians, they only look out for themselves 2. he got this one right. do due diligence, i wonder how much crypto he’s got in his back pocket? refer to point 1.
sounds like someone is bitcoin ri h and does not want uncle sam sniffing his hoard
who is he getting paid by is the question?
holy hell, i actually respect something ted cruz said…
wow, that’s the first sound thing this man has ever said.
cruz must be loaded up to the tits in btc and crypto
unfortunately this argument can be applied to most of the thiscussions that take place in congress. same feeling when some people i know ask me about cryptos, i'm not sure if i completely understand cryptos but at least read something abot them before criticize.
proves the proverb: even broken clock correct twice a day!
you meant to tell me that the other 95% of you don’t hold crypto what a joke.holding crypto will be the biggest greatest wealth transfer in history and it’s for all the common people not the elites only i’m not impressed by you and politicians that think you got a handle on anything and try and run our life’s justifying your positions the majority of you suck at your jobs
floyd if you read two sentences of a harry potter book i’ll donate ,000 to asl
its like having a pedophile agree with you. deeply unsettling and you wish the support had come from someone less gross.
is that the guy who’s dad killed jfk ?
wow it is so refreshing to see one of the times a broken clock is actually right!
he wants secret payments
the hard part about hating an entire political party happens when they are right about something. i do not like the hypocrisy, i do not like the lies, i do not like the power grabs, i do not like the rampant criminality. i understand why they do it- if your opponent never punishes you, do not change your behavior (this is a basic gaming tenent.) but i also think the legislature should understand laws before they write and vote on them. this nonsense about brokers in crypto wa(i)s only ever going to benefit the future patrons everyone is going to flee to when this unenforcable law tries to go into effect and those patrons, presumably, would not be *here* so unless this is some kind of foreign power angleshoot it is not like this is some kind of conservative power grab- it is just a shit idea for everyone involved, period. and to be fair, he probably does personally benefit from leading the charge- he probably does have some btc, that would be believable.
shit the fuck up government shill
is ted cruz making sense???? what next? the apocalypse is upon us
does this make anybody else wonder what scam coin must be paying him?
i support crypto but fuck this guy. he will be taking shit about it and supporting legislation against crypto when he wants to buy a dip. don’t be fucking idiots…like ted cruz.
what if bitcoin solves the political devided?
i fucking hate when this booger eater makes sense.
a lot of people would do well to vote and evaluate -- and comment on -- legislators based on their policies and other actions, not based on what's cool or what \[x\] makes them want to do, where "x" is society, their parents, friends, what's popular among their friends, or whatever. we all would be much better off.
there’s going to be a lot of people not sure how to vote in upcoming local and federal elections. this is one of the many ways they get a new party, and so many new independents.
from the government side they don’t see any financial benefits from crypto currency or way to have any power over it but as soon as they find a way you’ll see these speech change lol. literally takes 10min to search & know what it is and how it works.
first time in almost 30 years ive heard something reasonable from the mouth of a poltician. never woulda guessed itd be tom cruise
he don’t understand what a vagina is but he gonna regulate that
this whole debacle shows just how broken the system is.
ted you fucker. i still hate you but you get a head nod and a smile for this one.
if only he did not take that vacation while texas was going through a thisaster and then lie about it., i and others in chamber would hear more of what he had to say.
ted cruz is trying to capitalize on being the broken clock. don’t allow this charlatan be a spokesman for crypto because his association will devalue it.
better the devil you know (or something like that).
the bots are trying to rehabilitate cruz's profile. don't fall for it.
so which lobbyist gave him the great script again?
it does seem that republicans tend to be more friendlier towards bitcoin than democrats, is this true? don't want to be basing this off bias here.
gary gensler definitely understands crypto and even he wants to regulate it. i'm not saying if it is a good idea or not, but the argument ted cruz is making is senators should not regulate it because they do not understand it
the cabal playing with the republicans and democrats again, lol. this is all a thistraction.
yeah i'm not a fan of this guy but have to agree he threw out a logical statement on the subject. they know what crypto is though cmon!
why does everyone feel the need to preface liking his take on crypto with i do not like him or agree with him on anything else?
although he is a politician through and through, cruz never gave me the full on empty soul scumbag pedo-lizard vibes that most do.
op why not just give credit to where credit is due, rather than first add that qualifier? >not a big fan of cruz but... like i just do not understand the point in including this in your post
"we should not completely destroy peoples' lives and livelihoods from complete ignorance" ...and yet politicians have been doing this for how many years now...?
... a stopped clock is right twice a day...
screw big govt and all it is regulations.
what the holy fuck? did ted cruz just make sense?
it’s called conservatism. the foundation of the united states of america. the belief that the founding documents were written to control the government not we the people. a government big enough to give you anything is also big enough to take everything. smaller government is better. less regulation. let us live our lives in peace.
motherfucker you’ve had a decade. gtfo
translation: i'm balls deep into getting fat donos from corps using soon to be obsolete power methods and installing new ones since texas relies on nobody for power... do not fuck with me getting stupid rich mining bitcoin.
ted cruz has personal investments in cryptocurrency, and him being from texas i'm sure some of his wealthier texas donors have investments in crypto. \*cough elon musk\* you all rail against corruption bla bla bla when it comes to big banks, but when it is your money you remain quiet. ted cruz can go suck it. yellen can go suck it.
even a broken clock is right twice a day. and if corps are people and their speech is money and money is free speech than all money is free speech all money in all its forms are free speech protected by the 1st amendment.
nope bitcoin will fall too much mystery to it and not enough evidence for the people to just change. if i can’t make you wear a mask why bother trying to make you change change currency
if he is speaking on defending it . it means he has shit tons of cash invested in it .i dont trust him and he wants all he can pull out of it before the gov't puts stops to it and and he can move his cash to an off shore account somewhere to keep from being taxed. he is a scumbag and is not to be trusted .
this is a good take, but it should be obvious that he is holding bitcoin. even if politicians do something good, it is still bad if they are doing it for their personal interests. this does not make up for the oil spills, wars in the middle east, raping of small countries, and economic oppression of the younger generations.
this ted guys alright. his trip to cancun was near to top of the last run too lol
broken clock’s still right twice a day
hey satan, you need a jacket down there?
cruz, nor any other puppet in that theater gives a shit about you or anything in the proletariat best interest. why even watch what they say or do? they will do what they do and there is not a singular fucking thing you can do about it.
ponzi scheme just like the fed
that last sentence, wow, dude, please apply that to social and religious beliefs you do not know anything about.
im not even gonna watch this fucking clown. i am probably just gonna sell all my crypto. fuck these right wing nut jobs.
i love every crypto person acknowledging cruz is trash but hes right here. from a decade of following toxic leaders in the military, i can tell you that their >20 years doing something they’re able to articulate sensible lines. wether they have the moral backbone and competence to accurately thisplay the things they say is an entirely different matter. a cockatoo can quote shakespeare and a broken clock is right twice a day. don’t mistake their moment of accuracy for value. take it for what it is; a good quote.
he’s absolutely 100% correct, but i’m not sure insulting everyone in the room is the best way to go about it.
he’s absolutely right and this has been a major issue with our government for some time now. but he and most of the others in the senate won’t take the time to learn anything about it. if he stood to gain something from its regulation he’d be pretending he knew something about it.
ted cruz must be jacked to the tits in btc
did be just sell himself out holy shit lmao
you know cruz is trading crypto. do not want to pay taxes on them ;).
uses too much electricity which is 20% produced by coal.
he's bullshitting to appeal to millions for votes. fuck this clown.
how is any of this shit different from us dollar ted. i’m in no way responsible or capable of changes to it’s value just like everything else. i bet all 100 senators know a millions things about market changes eat shit ted your dumb
yeah go destroy the life of your own base by telling them, not to get vaccines
it’s a true statement . but 100 to 1 says the only reason he’s objecting is because he is invested.
so…….wonder how much beardo is sitting on right now…
first and foremost; the gop communicates as a unit. your title should read 'not a big fan of the gop but,'. with that out of the way, this was a huge surprise to many. but, like any other issue the gop throws their sloppy wrench into, they first have to lay the groundwork and develop trust via contest. here ted, on behalf of the gop, is simply calling out the extreme lack of knowledge and making uneducated moves in the crypto space. second; if it seems too good, it usually is. in my personal opinion, this is what it looks like when the gop lays the groundwork for many young, easily misunderstood issues, etc. the endgame here would be to have the faith of the gop base following whatever decisions the gop believes is in their best interest as policy around crypto continues to develop. with proper groundwork in place, they will have the voices and the votes of so many that probably do not own or understand crypto themselves... when the cards are finally laid down, they will be able to insert whatever they consider to be sound logic and knowledge surrounding crypto. and their base will be none the wiser. as long as they are assured that the 'uneducated democrats' are not making decisions. edit: and that kids is how it works
i mean, i’m not complaining, but this man must has a fat bag of bitcoin. that has to be the only reason he cares. because trust me, he doesn’t care about you.
big ups mr. cruz!!
*except a female’s womb
that’s has to be his twin brother ned cruz
and now i’m mad cause i just agreed with ted cruz.
about the only sensible words ever crossed his lips. bet he has a decent staking somewhere!
gop *nods* mmhmm *nods* mmhmm… let’s regulate it then. 🤦‍♂️ there went all the common 🪙🪙🪙
still fuck ted cruz, he is ravaged my already dying state and metophorically spits in our faces daily. buy, but fuck ted cruz ✌💀
just wait until dark winter comes ted cruz will go on vacation while his constitutes freezes to death.
i hate that this piece of garbage can stand there and make that much sense and be so willfully ignorant about everything thing else that he has ever said and done in his life.
never show me this again
logic never works in washington.
he’s never been right about anything in his entire life. how can i trust a word coming out of his mouth?
don't promote traitors. yes we all want bitcoin to succeed but not at the expense of justice
cool dude with dumb brain
well some of the people in congress hold crypto so it’s a conflict of interest. but i do think that after a certain amount you should face some kind of tax. we can’t let the wealthy find more ways to avoid paying taxes
broken clock is still broken. this sub is dumb. congress does not understand most things and still makes laws no matter what.
oh look, some pandering, some selfishness. anybody that is fooled by this guy is stupid and he knows you're stupid.
even a broken clock is right twice a day
sandra day o'connor was appointed by rep ronald reagan in 1981 by a republican senate while sen byrd wv was a past member of the kkk who still has his pic in the senate building. start using your brain and stop using the talking points the dem handlers pass out to lemmings like you.
i can’t believe i heard a politician say something logical
regulating what they don’t understand is their raison d'être.
if only they had thought that about cannabis 100 years ago
it’s actually crazy how they can vote and create a law about something that they have little to no idea about. at least try to hide that you’re just doing what the rich are telling you to
i agree. and by the same logic, since not a single member of congress has even a basic understanding of economics and since all legislation has severe first, second and third order effects on all citizens lives and livelihoods, it follows that they should stop legislating all together. never knew cruz was a closet anarchist.
had a boss in a metal shop went on vacation. last words were “if you guys don’t know what the fuck you are doing close the doors go home and i will fix your dumb shit when i get back”
if only he himself consistently applied that principle.
most of our politicians suck ass. ted cruz is sometimes good, a few others, i like rand paul, tulsi gabbled when she was in office, other than that everyone sucks.
> "if we do not know it , we should not regulate" they literally have no idea about women's genitals and consistently vote against their freedom of choice. this dude is a complete and total slimball, you are following him into the depths of hell thinking he can be some kind of an ally. edit - if bitcoins are mostly owned by misogynists who want to use their wealth and control to tell women what they are and are not allowed to do in society you will be the reason bitcoin fails
lol right? the irony of this given that republicans have been instantly scheduling any chemical (“drug”) they can under the guise of christian fundamentalism, for over 150 years…. these people are such fucking hypocrites, across the fucking board. anything to support their self-serving causes.
legendary take? lmao we really have a divide in this country if people think folk who want less interference are legends. they’re called conservatives. whatever you feel about them, their belief systems, whatever it may be. they want less government! this is a classic take... new topic, but classic take...
republicans tend to not like a lot of regulations anyway. not all of them are bad.
yet these male republicans love to try and regulate female bodies, birth control, abortions etc and they have zero understanding of that too.
you are fucking crazy if you believe this chode woke up and had this epiphany today. someone stuffed a whole bunch of money into his pockets and gave him his political marching orders. it a shame they aren’t nearly as zealous as to let people who buy a product and physically own that product to have the rite to repair that product themselves. to me that would take too much common sense. instead people like this ass hat keep taking money from their corporate overloads and vote against common sense legislation.
how many people upvoting these ted cruz posts have been vaccinated? i'm sure you listen to common sense and listen to people that understand a specific topic.
if only that was his policy across the board, and any politician for that matter.
wonder how many btc he holds...
yeah, well texan here, i can tell you that fled cruz regulates a lot of shit that he doesn’t understand
jesus wuda loved bitcoin
you know his got that bitcoin!!
he’s probably holding bitcoin. the only reason i could imagine such an enlightened perspective from a politician is the opportunity for personal gain.
they regulate climate change … well at least they grift off it 😈
i used to think regulation could be a good thing to smooth out the crypto ocean. i know longer believe that to be the case. all regulation should be fought and resisted. the same clowns who put us into the need for btc to arise, do not need to be invited in. keep them at bay.
okay but they do know it. this is not 2010. even if it was, if it was on the legislative radar at that point either, they would bring people in to teach them about it. this basically never applies practically to reality
it's a pretty dumb take. look at what they did with x-ray machines when they first came out. the take should be "if we do not know it, we should understand it, then use that understanding to determine if regulation is necessary". being ignorant of something and choosing not to regulate because of that ignorance is an easy way to kill a lot of people.
republicans know health care and they don’t want to regulate it. even though americans are swimming in medical debt. hell americans don’t even want to call ambulances due to fear of medical debt. i dont believe a word that comes out of this enormous thunder cunt.
lmao my thoughts exactly
it's as simple as this. especially coming from rafael.
i thought this legislation allows pow and not pos?
wait wait a government official that is self serving. can't be.
ted cruz cannot spell btc.
😂😂 because he knows its all too true. would be comical to listen to them try this exercise
his reactions are amazingly accurate. i couldnt stop laughing with him either...senator cruz brought up amazingly great points!
don’t forget that this guy is a piece of shit and left his state to freeze to death to go on vacation in mexico.
ted cruz talking about having common sense in a subject people do not understand, the blatant hypocrisy is straight up ignored by conservative idiots who love jerking off their morally bankrupt party leaders. the push by conservatives is suspicious as hell, only people that do not see it are the sheep that vote republican. it's not hard to see all the instances where ted cruz demonstrated how selfish he is, yet all the comments pointing that out are being downvoted for "not being related to bitcoin." ted cruz is a selfish liar, that is a fact.
good on you for admitting that. if you are a lefty this is called bipartisanship. we hardly every see it anymore unfortunately but it takes people like yourself to admit the other side is right sometimes for true progress to be made.
even a broken clock is right twice a day.
why don’t you agree with other things he has done? media bias? he is 1 senator from a state you are probably not even from lol, he is most likely irrelevant to you
i'm definitely not normally in the republican camp but... the way ol teddy is talking in this videos makes me feel a little bi-curious on the subject. just saying, he is a smooth talker.
lol, i certainly did not not have "rally behind ted cruz" on my 2021 bingo card.
my thoughts exactly. lots of “he’s only doing this because he clearly owns bitcoin himself” which has absolutely no substance behind it. incredibly weird to see people get salty that someone is looking out for the interests that align with theirs. would call it laughable but embarrassing, as you described it, is much more fitting.
how could you betray your team?!?
except from ted cruz 😳 i'll call it more one of those monkeys on typewriters eventually get something right.
good on your part for admitting it!!
texas wants btc industry, that is all this is
good on your part for admitting it without getting angry!!
glad many people are able to set differences aside for issues they agree on. this is how politics should be, but they have created a mindset in the majority of people that they must exist in a monolith. if more people opened their minds and stopped being so angry, we could do a lot in terms of removing corruption from power!
yep, they have been fed their world view via the cnn.
> listen to what politicians actually say, not what the media ‘says’ they say. you’ll realize the ‘bad guys’ (conservatives) are often actually not bad people. depending on what your source is the ‘bad guys’ can either be the conservatives, the liberals, or the progressives. this is why your first sentence is so important. watch boring ass cspan for the primary sources. don’t allow news networks, talk radio, or social media thistort the primary source with their own perspective. watch it yourself. 100%
very true!! too many see a name and automatically write off what the person has to say (despite being in r, just look at how many are angered just because it’s ted cruz) the media sadly overrules all. i prefer politicians who have my best interests in mind, and spread that message regardless of “left or right” !!
> listen to what politicians actually say naw i’ll watch what they do and cruz doesn’t have a good track record of doing time will tell i guess
cruz is a bad guy, who just happens to have said something logical. don't try to paint this scumbag as some sort of misunderstood hero. he is not.
shut the fuck up. you in a single sentence blame the news for having an agenda while stuffing words in their mouth. how fucking horrible must your life be that you have to be this needy on the internet.
you are living in a fantasy my friend !
absolutely true!! most people are so blind and unable to see anything with an open mind. it’s almost as if they would rather be poor and angry than admit that someone on the “other side” may have a point. honestly embarsssing but it’s exactly what the establishment wants. u to be okay with them screwing you over cause you are so angry at the “other side” even when they are looking out for your best interests. this is a bitcoin sub, and people are angry about someone in government that is trying to protect bitcoin. incredibly bizarre!
this bill is treating miners in the same regard that coinbase, an exchange with a , is being treated doesn’t even appear to make sense. but let’s regulate !
we should be able to say these things without crucifixion! i like those who are fighting for what i believe in, on either side of the aisle!
why are you democrat
he’s more intelligent than given credit for !!
so am i! so whatever his motives, i’m glad to see someone with a little more power than myself articulate this view
the media is 100% biased. it’s not about left vs right for me i prefer the politicians who align with our best interests and help me keep my hard earned btc in my wallet!
he left to cancun when his constituency was out of electricity and freezing to death. jesus christ. i'm unsubscribing from this shit hole. fuck yall.
but there is gun experts in congress...
haha i threw the first part of the title in to try and open the conversation. liberals see “i’m not a fan” and conservatives see the latter part. i am personally a libertarian and while ted cruz does not always come across as an appealing politician, i love his passion for freedom. a lot of embarrassing responses in this thread. “he is only doing this bc he owns bitcoin.” as if its not a good thing that our interests align with that of someone in power?? lol check this one it’s nearly laughable. “if he had no bitcoin, he would not be speaking. therefore, he is not speaking in your interests. only his.” not only is there no proof that ted owns bitcoin, but even if he does, why is that a bad thing? lol i like the fact that my interests align with someone in congress. whatever their motives may be, they are leading an attempt for me to keep my bitcoin untouched by government regulation. people are so blinded by hate they would rather be taxed and regulated than stand by someone who is try to prevent that. exactly as the establishment designed.
haha i actually just put that in the title to try and open the doors for liberals to come view this with a balanced lens. i’m a libertarian and actually love ted. i get what you are saying tho completely but this is reddit (biased as hell) and my goal was to slowly ease them into the clip rather than them writing it off completely bc it’s ted cruz, and try to open some eyes.
dude do not ask a liberal to justify their opinions. it triggers them.
most of the non rinos are in favor of immigration. just not out of control illegal immigration.
until the government seizes your assets for dealing with illegal btc contraband and toss you in prison for tax evasion.
and he might even follow his own advice on the rare occasion it suits him to do so.
unfortunate that other senators aren’t smart enough to take this grandstanding opportunity. at the very least it shows he’s somewhat in-touch with the times. but too many are held back by their corporate banking ties to even allow themself to take this kind of standpoint.
he literally did not even say anything of substance. it's pandering. and it is working. i see why they do it lol cause i'm like wow that is fucking stupid as fuck, but look at all these people going crazy, "yeah, generically we should understand things before congress does anything" yet teddy boy here is suspect number one for voting on things he never read or understood. he's saying what he thinks he needs to say to get elected. in his votes he will vote for things he does not understand, just like when trump called his wife ugly and then he voted for trump's agenda 1000% of the time, even when it would have been physically impossible for him and his co-workers in congress to have read the laws they voted on. this is a game to him.
the media has brainwashed many !
i just moved to texas and i will vote for ted.
voted for him in the past and will keep voting for him. not based on just this issue.
a couple years ago he introduced a term limit bill that would have ended his tenure in washington. he probably knew it wouldn't pass, but it earned him some respect from me.
op is trying to appease the left wing mob by saying “not a big fan” but…
he went on vacation while people in his state were struggling not to freeze to death and power companies were charging 9k power bills to people who did not even get full coverage.
remember when trump insulted his wife and he took it like a little bitch lol
do not want the gov. doing anything for me. more importantly don’t want them doing anything to me!
they do not want the government in their business. they definitely want it in ours. republican politicians do not want smaller government, they just want the power concentrated in fewer hands.
you like trump simps?
absolutely! had to throw that first part in there so too many didn’t shut down this logical statement’s ted cruz
except you get meaningful legislation from democrats and you get left to rot while billionaires fuck you under republicans.
yep, pro freedom and common sense is up my alley!
me as well. awesome to see takes like this as opposed to those who would be ecstatic to hear a politician on the other side of the aisle say the exact same thing, yet are finding any way to be angry about the fact it’s ted cruz saying this. seeing a lot of angry excuses for why this doesn’t make complete sense. too many are so caught up in the notion that everything is right vs. left
the consensus argument i’ve seen is that “the only reason he’s saying this is because he probably owns crypto.” as if that matters to al of us who have a shit ton invested in crypto, whether or not he owns it. i am trying to keep my hard earned btc in my digital wallet. and i am going to align with those fighting to help me do so. its honestly embarrassing seeing people get salty over because someone on “the other side” is fighting for their best interest. they would rather be poor than admit they are wrong, which is exactly what the establishment intended
every politician needs your votes.
why? imo this is one of the problems with our society today in the us. we are so polarized we cannot come together on common issues but instead stay in our silos and toss stones. not that i'd hang out with him and be buddy, buddy but i'd have no issue joining him in support of clarifying regulations around crypto.
it’s not only democrats are trying to pass it, there was dems and republicans on both sides of the argument. regardless of his motives tho, i am going to align with those who are fighting for what i believe in and what will help me. in this case that is ted cruz
i've realized a lot of conservatives are in here and love praising their cult leaders.
how did you get that out of what he said? that is an awful take. nobody is telling you to like him but he is on the side of common sense here.
because that is a logical conclusion. what happened to criticizing someone when they are morons and praising them when they have valid points? too much bullshit refusal to acknowledge the good people have done simply because they have also done bad. call him out on both, fucking blast him into the stratosphere for his fuckery, but do not thismiss where he hits home runs simply because you do not like the guy. almost all politicians are rat bastards in one way or another, but i will at least give them credit where it is due when they do speak truth.
you think pelosi cares about the crypto community, or any community for that matter???!!!
glad not everyone’s mind is so closed off that they not able to avoid saltiness even when someone is looking out for their best interests. what are they doing in a bitcoin page if they only want good new on bitcoin when it comes from their “side?” almost as if people would rather be poor and lose everything than open their mind and potentially admit they may be wrong, or at least that they agree with someone on the other side... that’s exactly what the establishment wants... for the right and left to exist in a monolith so they are unable to think for themselves and continue to believe and get angry about whatever they are spoon fed from the media to the extent that they don’t care how it even effects them financially.
i am haha had to open up the conversation somehow after all this is reddit
i’m a libertarian and honestly tried to create a title in a way that would force redditors to view this through a balanced lens. but yea a lot of these comments are downright embarrassing. might as well translate half of them to “oh ted cruz is fighting against bitcoin taxation and regulation??? well i want bitcoin to be taxed!”
😂 i tried to make a title that would allow for people to come in and view through a non-biased lens. i actually am a lion ted guy
yeah we get it, you’re a leftist shill. your username and comments itt says it all. once you pass the age of 18 you may understand
you are in a bitcoin sub. if you own bitcoin, he is standing up for your interest. kind of an embarrassing response tbh.
don’t let the door hit you on the way out
lololo jesus loves bitcoin my guy
just keep regurgitating that leftwing propoganda as your party destroys everything you hold dear. we republicans will continue to fight for freedom including the freedom to use btc without government intrusions.
as long as people listen to mainstream propoganda you are correct however america is waking up to the leftists lies. this is just another example in a long list.
😂 okay i laughed at this
😂 yes it is very real believe it or not
this is not the full length of his speech obviously, but in his speech he mainly speaks on the fact that the provision does not make the definition of a “broker” clear. mainly trying to protect miners and validators from the regulation and taxation, not necessarily large exchanges
i screen recorded it on my iphone so maybe that is why. but if your implying it’s not a real clip, it definitely is. can easily be found on youtube
as am i, so it seems our interests align and glad to have someone with a bit more power than me trying to do something about the ridiculous legislation !!
you would be somewhat correct. the basis of what bitcoin is aligns more with what republicans preach. however, this particular bill saw senators from both sides arguing for and against the amendment. generally more republicans had the view that cruz says here, but there were some democrats. and vice versa, there was a few republicans on the side of regulation. seems to be somewhat non partisan
haha i actually just put that to show liberals the way in the door and hopefully open some eyes. i agree with him on most issues but this is reddit and everytime someone posts something in support of a republican it’s usually downvoted to hell. i agree with what your saying but didn’t think i could accomplish my goal with out balancing out the title
haha i actually agree with him in most facets. love ted. just tried to put a title that would allow leftists to come and view this with a balanced lens rather than just write it off and downvote because it’s ted cruz. trying to open some eyes here! this is reddit after all and 90% of the users on this platform are liberal af or 🐑 to the media.
good adjective for moti network, around for a while and they do not stop
seems like a lot of speculation with no facts
the man is probably full stacked with coins.
seems like you are viewing this with a very level headed, bipartisan, balanced view point with no bias at all (:
he actually didn’t say that. he said that there should be no mandates. in other words, people should have freedom of choice.
well his history in the senate shows he has apposed tax increases and financial regulation since being elected
sounds like you are coming from a balanced viewpoint, are totally level-headed, and are not biased at all (:
no offense but someone called “shittingoutposts” saying “trust me” on the internet with no factual information to back up his claim doesn’t sound like something to trust
whether this is true or not, why is that a bad thing? i am balls deep in bitcoin too so i appreciate those who are looking to protect it from unnecessary regulation regardless of their motives, especially if they align with mine
what does that have to do with this post? oh yea, nothing 😎
with how many words come out of their stupid mouths it is only amatter of time they say atleast one thing that makes sense.
...and it was ted fucking cruz.
they did, just like with lsd. entheogens make you question the status-quo and that is not profitable, if you keep thinking for yourself.
yeah...cannabis was scheduled by nixon in 1972, mostly due to hippies protesting vietnam and black panther movement protesting systematic racism. cruz is still an asshole. he owns crypto and i’m sure doesn’t want to start paying taxes on his holdings! he does nothing that isn’t self-serving.
you do not think legislators "knew what weed was"? lolwat people thisagreeing wuth you or making laws you do not like or that are nearly objectively bad, even, does not mean they do not understand. it means they thisagree. "disagree with me always = misunderstand" implies some pretty heavy narcissism
"we have to pass it to see what's in it"
despite what smut the media throws at him, his own views on twitter are pretty aligned with bitcoiners
i mean he did want to secede from the united states
>since not a single member of congress has even a basic understanding of economics cough...rand paul
cruz is an out of the closet opportunist!
he's a republican, through and through. that means he campaigns like a libertarian and governs like a democrat lite.
🇨🇦 oh they know fiat economics. what they do not know, is plan b.
they understand economics just fine (as a group, not speaking for every individual idiot). being irresponsible with something =/= misunderstanding it
to be quite fair, even economists by profession do not understand basic economics.
i love how quickly this sub sucks off any politician that is clearly in the pocket of bitcoin entrepreneurs lol pssssst that relationship does not end how you want it to
murdering is an economic issue, til.
ooh i love me some tulsi.
im not following him anywhere because i side with neither democrats nor republicans. or any political side for that matter. it's much too divided and brings out the worst in people.
i'm pro choice. but why is it so hard for you to understand that some people truly think life starts at conception, making abortion murder of an innocent life.
> they literally have no idea about women's genitals ron paul was a gynecologist for decades. he is pro-life. you are just a crazy person. get off of the internet; it is not good for you.
yup nailed it. ted cruz is a hypocrite that fact that a lot of you are falling for his bs is astounding.
i mean, it is not like dems are rushing to change those laws. hell, biden was one of the longest serving senators in history, and did nothing to stop the drug war from ruining people's lives. nor did any other politician, rep or dem. point is, it is not just republicans that are hypocrites.
or he owns a good amount of crypto
say you're mad without saying you're mad.
understandable. it's the statement he makes that impresses me and just makes me wish our government would abide by that.
your comment does not make much sense. you say it is a dumb take yet you say the take should be "if we do not know it, educate and then determine if regs are necessary". that's literally the same thing. he's saying do not regulate what you do not understand. the other option is they do what they always and pass bills not knowing at all what the fuck they are talking about.
there's levels to it. then you have unicorns like bernie that take public service seriously...for decades.
what does that have to do with this issue? wether his statements here are true or not?
can you get over your self long enough to listen when someone is right? if a crazy democrat started speaking sense we would at least credit them for being right, not just blindly howl at them for being "the enemy" the truth is that no politician is your friend
or better yet, have logic and reason on every issue and not be part of some mushed together majority.
guilty on both sides of the aisle. i feel like bipartisanship died when obama was prez
i'm sure plenty of leftists agree with cruz on this. they get in trouble for thinking for themselves though.
nah. all this is is someone protecting their own interest. at no point does he care about anyone else. he is a terrible person and should be voted out. and i am involved in crypto but i'm not a fucking idiot.
wow the condesending tone from the side that literally cums themselves pushing anti intellectualismand anti womans rights is hilarious. please enlighten us all about how american politics arent flaming dogshit on both "sides"
it's hard to have bipartisanship with fledgling fascists.
for once i agree with ted cruz...
to be fair, republicans raped and tortured bipartisanship for years. it’s basically dead.
how many texans died while he fucked off to mexico again?
stahp. he’s awful. he loves anti-gay chicken and free market healthcare. he’s even being thisingenuous in this clip - he’s pretending he wants fair regulation - him and his friends can shuffle capital gains crypto earning through dummy corps to countries with no corporate tax and perpetually cheat on their taxes. he doesn’t just claim capital gains like us schlubs, he has non profits and all sorts of shit in his name. they could propose a flat tax on crypto capital gains but he’d rather make this about how smart he is and drag this forever
being a r or d has little relevance to anything.
he's a boot licker with 0 principles. the way he capitulated to trump post election has forever turned me off from him. he's not a good person and the things he is advocating for will harm democracy for years after he is gone. once he outed himself as a snake oil salesmen, i do not believe him for one second.
you should see the comments made by senator pat toomey and senator cynthia lummis. both republicans. both probably the two most knowledgeable on crypto in the senate.
if you hate economic regulation and government taking power over things they know little about… congrats, you align more with republicans than democrats. now if you think it’s not enough you may align with libertarians more. but you definitely don’t align with democrats.
yet here we are!
yes! cspan is awesome! unfiltered, no commentary, raw. just point the camera at the politicians and let the viewer decide what opinion to make from it.
i’ve decided it’s past time to go full de-centralization by means of small, independent websites, like before social media dominated the internet. i’ve been mulling this in my head for a couple of days now. use more primary sources. it extends far beyond this as a principle though.
i mean look at the comments right here "unfollowed" "i'm out"... they are cancelling themselves now 🤣
him saying something you agree with does not erase how awful this man is.
yep, people need to watch what politicians actually do. if people did this, they would realize the people they defend endlesssly on the internet are not always for their best interest. but they don’t. huge issue that politicians have taken advantage of and manipulated for a long time
ya he’s gonna make me sorry i said that i’m sure
yep i give credit where. even if he is might have stumbled on the right answer for the wrong. the real sad thing is that he is probably right that only 5 people out of 100 actually did their job to research something they get paid to learn
right on. i am trying to remember why i do not like cruz and nothing solid comes to mind. which implies some brainwashing on my part.
just because you are too poor to travel does not mean others have to forgo pleasures of life and avoid hardship. please unsubscribe so we do not have to hear more crap from you again.
and those gun experts are vehemently against gun control.
exactly right. most in here are millennials that are raised to hate the right, want their student loans paid off, free healthcare, , and to get rich overnight trading crypto. then when one from the right makes comments that they actually agree with, their heads explode. as a fellow gen-xr, i’ve always liked cruz. hell, i would have voted for him for president. the man is one of the few with common sense in washington. what we’re witnessing here is, millennials actually opening their eyes to the truth and starting to “grow up”. maybe some will even come to the dark side and vote red next time. 😮
if that’s happening, we have much bigger problems and having bitcoin would actually allow you to take your wealth elsewhere... through borders and preserve it through tyranny.
> until the government seizes your assets you can dig my keys from my device in the middle of the ocean. here's a lat.
yup, good time to shutup and listen, but they get paid to be toll collectors.
the only thing he is in touch with is touching children like every other gop member.
just referencing your point that “he said nothing of substance”, this is only 40 seconds of his speech. the full length is much longer and detailed.
this. this is the best comment here.
the democrats are worse. do your research it is a democrat that wants to put restrictions on crypto. richard shelby
libtards do not like to get hit in the face with the truth so they fall for getting kisses ever so sweet with lies. i would never vote democrat again in my life.
he should introduce a bill that puts himself in prison.
learn the role of government. you are thiscussing a state issue that a senator has no control or capability to correct. try again.
yet, they worked really well together. they were able to put the country ahead of themselves.
like i said always a boss, hopefully he got a nice tan.
except the ones that are retiring and do not give a f***
this 🙌🏼 a handful of bright minds in this thread amongst others who are clearly caught up in being a product of the 2 party system
> imo this is one of the problems with our society today in the us. he's one of the most prime examples of why people should understand the laws they are voting on though!
nothing to do with polarization. the man is a colossal douchebag who happens to be right on this matter.
the comments are very representative of the community. while some are able to put their politics aside for the greater good of the conversation and admit that cruz is right, a large amount are getting angry and making any excuse for why this statement doesn’t make complete sense and represent a large issue in our government.
his premise is wrong. there are not 5 senators who understand crypto. there are plenty of them that do. and he assumes that because he is a lazy asshole that everyone else must be too. it’s trump syndrome. and he’s just going by that playbook. believe him if you want.
i don’t see this as “truth”, i see this as pandering to constituents for his next presidential run. not to mention he’s going to backtrack when he starts getting lobbied.
i think she cares about her congressional seat and what her constituents think. i could be wrong. regardless, the way the crypto amendment was written into the infrastructure bill is ridiculous.
upvote that. yah i had to stop and think and as difficult as it was i am forced to change my views. cruz has been spot on with a lot of stuff. democrat for thirty years here and i ran screaming from the party over what they have done. list too long to write here. so yah i am listening. i woke up.
i neither dem or rep so save that bs for the rest of you sheep
meh. this what a lot of what the american right have been saying for years while the nation gets more left like the rest of the developed world.
yea, it’s me. good to see a politician who is fighting for it, whatever his motives, our interests align, as should be the case for everyone in a bitcoin sub
and is not that sad? good ideas can only come from your side or have to have a caveat. it is also ironic that many people want decentralized finances, but support big government otherwise.
fair enough >this is reddit after all and 90% of the users on this platform are liberal af or 🐑 to the media. a big percentage of the posts on reddit are by bots + people paid to post, all for the purpose of manufactured consensus.
i get that everything he is saying is relatable and in our favor. but he is not saying it genuinely, he knows damn well he is manipulating the crypto base for votes.
and its a good way to have an excuse to lock up people you do not like: hippies, and black and brown people.
cut to engineers in silicon valley the richest part of the country microdosing lol
when you learn to think critically and not just feel ways about stuff, you'll cringe every time you think about posting simple minded stuff like this. i have great expectations for you.
it’s not that simple. almost every single person i’ve known that has done lsd more than once times has been a victim of psychosis, including myself.
lsd and “entheogens” make you see funny colors and better enjoy music. quite the overstatement to imagine they liberate your mind from some kind of a socially induced intellectual slavery. c’mon, are we 15 years old?
give cruz credit for doing the right thing.
there was initial movement against it in the 1920s when the term “marijuana” was coined to associate the drug with latino minorities. scientists were thistilling cannabis oil and isolating cannabinoid before then. remarkable how it was buried for a century
i dont trust any ,especially the crap in office now
just the same with all the rest if the asshats in that room! bunch of self serving assholes.
all those politicians own crypto.
every politician ever... sorry you miss spelled it and said "cruz"
at least there is some sound logic to his self serving in this instance
that describes every politician and all their families, not just him.
why’s cruz “an asshole?”
ugh, please do not remind me. 😒
"his own" talking points prepped by lobbyists
he is a black hole for smut. it gravitates to him. no one has to throw it. no one threw him on a plane to cancun.
to be fair, cruz has been known to drum up his own “media smut.” he’s no victim. all orchestration.
i guess theres tons if libs who hold stack sats as well
idk if that is an anarchist take though.
rand paul is the only person in d.c. that thinks like the founders did.
[insert politician here] is an out of the closet opportunist.
this is actually a good description of the establishment republicans. their entire policy is essentially "wait no, stahp democrats" and then they just roll over. can't lose those corporate interests, now can they?
as a holder of bitcoin it actually does.
yeah, she was possibly the only democratic politician that i liked. (i still like some somewhat left wing commentators though)
according to the thing you watched before commenting. because those people should learn biology before making that determination. why are you asking questions that were answered before you started writing your comment?
> but why is it so hard for you to understand that some people truly think life starts at conception it shows a complete and total lack of understanding, which according to ted cruz here thisplays that ted cruz and everyone who thinks like him has no right to remove freedoms from people doing actions he does not fully understand. being a hypocrite is a part of every politicians life. >making abortion murder why do republicans hate freedom
are they on the census? pay taxes?
it is dumb because it can be used as a reason to not regulate some very dangerous things.
you said it public service, not self service. i love the comment saying he holds btc gets upvotes. it's obvious if he does hold any of course he is against regulations. let's not act like ted cruz has or ever will do anything for the american people, except letting them freeze to death and blame his kids.
we should not let someone responsible for so many deaths get a pass because he is not getting in the way of us getting rich. because he is doing it for himself. this guy needs to go to fucking jail. crypto does not need him as there is no way to regulate it even if they tried.
the both parties are the same bullshit is just not true. if the past couple years have clearly demonstrated, republicans continue to deny science and research for the sake of staying in power and hindering any progress unless they can profit off it somehow. conservatives are the ones who love to howl and shout how big of patriots they are while calling any liberal traitors and sinners who deserve eternal damnation. stay ignorant, sheep
we do not exist in a monolith! that’s what the horses in power want. and too many are too blind to open their minds. i don’t care if it’s aoc or ted cruz, i am going to gravitate toward the ideas and actions that i feel have mine, and my fellow citizens, best interests in mind!
we impeached bill clinton over a blowjob my dude lol edit - "but he lied!" about a blowjob kids
lefty here, and mostly agree with his take apart from him pinning the blame on bernie when it was clearly a strategic gop tanking using shelby as the fall guy and injecting an unnecessary. feels sleazy but i guess he can’t come out and blame his own party.
when's the last time a republican politician stepped down willingly after being accused of sexual harassment because his party told him he should or they would force him? republicans tolerate racism and misogyny, and calls everyone else traitors for not being bigots. republicans are not the free independent thinkers they love to think they are.
na. it just doesn’t make up for the years of moronic, democracy destroying things ted cruz has done.
the childrens table is over there on the corner, the adults are busy talking. when you have learned to be a respectful individual you can come back to the conversation. till then get fucked.
lol tell me what he could have done? did you want him to go turn on the power himself?
how do we say opportunist?
2022 is gonna be lit 😂
chances are you're getting downvoted because of your political bigotry. bitcoiners are *generally* pretty good about rising above the divisive political vitriol that is so popular elsewhere on reddit.
hahah right i was cracking up. “unfollowed” from what...??? lolol those people are the issue with this country. i prefer those who help me keep my hard earned money in my pocket and btc in my digital wallet!! donkeys and elephants are irrelevant.
"don't follow leaders watch your parking meters" bob dylan
good to hear. learn from this moment and begin to cryticaly analyze everything else you hear from the media the same way you are doing with ted now. i guarantee your whole world view will begin to change when you stop listening to what others tell you to believe.
he's not a bad guy. i think he is a closeted libertarian, and is only a republican for political reasons.
three reasons off the top of my head on i don’t like ted cruz: 1. he ditched his state during a crisis to go on vacation. 2. he told andrew yang he’d play him in basketball for charity and then when he found out andrew is good, he ghosted. 3. he let trump insult his wife and then became his bitch.
let's backtrack your memory... trump calls cruz's wife heidi a slut! anddddd. cruz's dad was involved with oswald in the kennedy assassination. then ted gets really mad... then ted sucks the mango mussolini's dick! quite the opportunist! with the fancy college degrees. u have not been brainwashed.lol
cope that he left his state while his voters died?
literally banned scientists from studying it lol
yea a lot of the comments are downright embarsssing. a lot of people pretty much saying they’d rather have their crypto regulated and taxed rather than admit that the guy is right and fighting for us. regardless of his motives, they align with mine
haha i’ve been a registered republican my whole life, i just tried to create a balanced title that would welcome those from both sides of the aisle and hopefully open some eyes.
i will watch his full speech just for you, and when i find nothing of substance (all politicians are like this so i just know this would not be any different) i will yet again remind you that politicians pander for votes, and teddy boy here is a primary example of someone who neither takes his own advice, votes on his advice, or leads by any example. this was the dude who got up on the floor of congress and read doctor suess in a protest against abortion or whatever. he's a knuckle ragging moron who takes orders from his masters and does what they want for him. he will never change.
you asked why people weren't a big fan. that's the most recent thing i can think of that people complain about. it does not have to be fully logical, it is just a fact.
trumps entire failed presidency was about putting himself first just like trying to host g-7 summit at his personal hotel among thousands of other examples.
like senator richard shelby who blocked the revised pro-crypto amendment in the infrastructure bill.
do not thisagree, especially when you have people :cough: richard shelby :cough: who are not seeking re-election vetoing un-related things because their amendment did not pass.
the point he is making is if more than 5 senators understood crypto the language in the bill that makes no sense would be an issue. he is suggesting removing it from the bill and taking the time to research and regulate it properly. rushing to regulate an emerging industry as part of an unrelated infrastructure bill for tax purposes to cover a small percentage of the spend is embarrassingly dumb. are you arguing that the language in the infrastructure bill or proposed amendments are the correct way to regulate crypto?
just because you are so used to your own demonrats acting in such a manner does not mean all other politicians do the same.
then call him out when he backtracks, let him pander. the only way we as the people can start getting shit back on track is to be vocal in our support of our ideals, even if it comes from the mouth of a wolf. we are in a losing ideological battle at the moment where the powerful have shifted the blame from themselves to others for the state of this nation. there is so much bullshit news circulating to increase the divisive nature of the societal spectrum that people are not thinking anymore, they are just acting in line with that r and d they threw up on their ballot. no one is willing to compromise because of this anymore which only increases the tension.
we are not getting more left leaning the left is just getting louder, more violent, and more brazen when ignoring the rule of law. conservative s just need to stand up and make them hear our words.
fuck yea, it would destroy the integrity of bitcoin. noone wants those bureaucratic assholes getting involved.
all the non crypto 95 senators in that room are oblivious for sure when it comes to crypto
gays too anyone you do not like smokes the devil's lettuce lock em up sprinkle some sats on em
pause you who read this, and think for a moment of the long chain of iron or gold, of thorns or flowers, that would never have bound you, but for the formation of the first link on one memorable day bruh
yes it is very simple it is called 2021 and everyone microdoses so you get to learn how to use your consciousness as a tool ' very few people are equipped to handle a 757 without working their way up through different magnitudes of plane sizes ' manipulation or magnification of consciousness is the same concept
oh yeah you're right i must have been using them the wrong way hahahahhahahah
right? like he may be an asshole (i personally don’t know, this is not my opinion), but he has one of the loudest voices for us. i support that shit, i may not support him all the way, but he’s our friend in this fight.
>remarkable how it was buried for a century it's remarkably corrupt yeah, they literally put back research of cannabis and other drugs (like lsd.) 50-100 years. luckily the research is finally getting started and we are starting to see actual peer-reviewed papers about things like the different cannabinoids in weed, and studying how the brain reacts under the influence of psychedelics like psilocybin and lsd in mri scanners.
a lot of things but recently leaving texans to freeze while he jetted off to cancun.
does bitcoin even have lobbyists? it's probably safe to say that on the topic of crypto, cruz's opinion is likely his own. or as close to being his own as it can be. but that is probably the only issue where that is the case.
so you're saying politicians are not allowed to go on vacations?
super liberal here. been stacking for years. just because i think the system needs to change does not mean i would not play to win in the current version of it.
i phone banked for bernie and i've been a bitcoin maximalist since the days of mt.gox the system is broken and both parties are completely ineffective. capable only of passing megabills because they are not interested in serving the people. in my view bitcoin offers a way for younger generations to take back control in the only way these dinosaurs understand. money.
thomas massie is even better in my opinion.
you mean pro slavery and manifest destiny? yeah sounds about right, he is a fucking moron
well, once people figure out that they are basically the same party at the top levels, everything they do makes more sense.
when i heard her on joe rogans podcast was when i really got to know her and what she is about. been a fan ever since.
you seem to very hateful honestly. if you cannot see why some people would be against abortion then i do not know what else to tell you. i could turn it around against you, why do you hate freedom? killing a child who never had a choice. i am 100% pro choice but at least i try looking at both sides. i doubt you've ever even tried. good luck to you. peace
is a heartbeat a life? asking for a friend
everytime i'm running a batch i'm a murderer!?! what? give me a break. lmao
my pet elephant is not on the census and pays no taxes, but i assure you, stompy is alive and well.
that's on the citizenry, though. we get what we vote for.
cruz is a texas senator in our federal government, that means he isn’t in charge of any local programs dude. shut up, you don’t even know what you’re talking about
> > stay ignorant, sheep you cant even put down your partisan craziness long enough to stay on topic. none of what you just wrote had anything to do with bitcoin.
cgp grey has a really nice deductive analysis of what happens to society due to that mindset. [first past the post :-o]( the semantic psyop to create the term christian is a great example of that mushing together resulting in an easily controllable single issue voting population.
regardless, both sides are filled with fake promises just to get into office and then underperform at an amazing level. both parties suck.
for those of you too young to actually remember, bill clinton was impeached for lying under oath. he was being questioned about another sexual harassment allegation against him, and he said he never had sexual relations with one of his current interns. current intern tells the media she has a dress with his jizz on it. the guy was lying under oath about allegations against him. he didn’t get “impeached over a blowjob”.
over lying. not the blow job.
when’s the last time a republican governor was proven of being a sexual harasser? as if your implying coumo was simply just accused? he was not, as there are photos of him holding women inappropriately, he has also admitted to touching women inappropriately, whilst showing a slideshow in trying to “prove his innocence” he said that he treats all people that way, digging his hole deeper. i honestly don’t understand the statements nor their relevancy to anything said thus far: ”republicans are not the free thinkers they love to think they are.” “republicans tolerate racism and misogyny, and calls everyone else traitors for not being bigots.” not only are these blanket statements, but also ad hominems. we cannot solve a problem by throwing mud at other people, we have to ask and debate their ideas to achieve a solution.
its called leadership, something politicians lack.
how about be a fucking leader and role model and stand with his people in a time of crisis rather than ditching them for a pleasant vacation while so many of them are suffering like some aristocratic elitist who asks why the peasants do not just eat cake?
yeah playing partisan politics is fucking stupid and why this website is such a slog anytime politics is brought up. tribalism is more important than principals to most people here (and all of the us for that matter).
you get it. i’ve been made happy by an internet stranger. thank you for your service.
oh yeah. i am already there. but there is shit subconsciously implanted i do not even know to question. that is the real scary part of the government by cognitive thissonance we got going on.
sort of a ron paul with some slightly more obnoxious tendencies to capitalize on?
there we go. thats funny.
none of those are policy reasons. he's actually very level-headed, intelligent, and wants the best for working people. the media will tell you the opposite of that, but if you let him speak for himself and look at how he votes, he is not at all what most people think.
no are you? 😅
thanks. i asked. that is the problem (not you) with our voting population. they do not know the roles of government. the media pushes out that cruz is on vacation and all of a sudden it is his fault.
as dementia joe goes on vacation. ok.
yeh conservatives are never loud
i'm not even american so i do not care
well when a provision is introduced at the very last minute in joe biden’s infrastructure bill to regulate the space to high-hell, unfortunately the only recourse in our system is for other politicians to fight against it. ted cruz didn’t start the thiscussion, but now that it’s been brought up i am glad he’s at least in the right side of it. the one that will help me as a bitcoin hodler.
i’ve no idea what the fuck you’re talking about lmao, are you referring to the year 2021? the hell is a 757?
a lot goes into our subjective experience, of course, including our expectations. you really feel you came away from hallucinogens more enlightened? of course i’m not saying you “did them wrong,” but it’s just as likely that the same risky, independent behavior that drew you to “entheogens” is what makes you “question the status quo.” the entheogen is already inside. in a way, hallucinogens are really extheogens, if theogens at all. my point is that it reeks of middle school notebook scribblings to allege that governments banned drugs because they’d otherwise enlighten society. governments ban drugs for all sorts of reasons, but in judeo-christian societies, i think it’s puritanism, pure and simple. it’s just something they don’t understand. just like crypto. my 2 cents.
so this single thing you agree with him. are you a single issue voter? there is more going on in the world than crypto. when you vote or do not vote for a single issue, or speak praise about it. do not complain about anything else. ted cruze is a terrible person, and politician. do not side with the devil and cry when he fucks you over on other issues.
wish he would have done the right thing when his state lost power. instead he went on vacation.
media talking point. no this finest moment for sure, but media was all over that for days. and you ate it all.
our main lobbyists are the twinklevoss twins
not at all. they shouldn’t abandon their constituents during times of crisis.
yeah it seems he does not know.
they obviously know each other :)
i am pro life but appreciate the understanding. to many people it has nothing to do with a "choice" bc its believed to be murder
very true. i see there is am angry cruz fan downvoting as hard as they can. 🤣🤣🤣😂🤣😅😅🥰😍🤩
the fact you consider calling out bigots a democrat thing shows how ridiculous conservatives are. it's relevant because the same people that lie and steal tax payer money, are the ones all you conservative btc holders are jerking off.
he said he didn’t have sexual relations. so he got impeached because he defines sexual relations as sex, but the other side of the aisle decided that was close enough.
it was over a blowjob lol
but i feel like lying about extra marital blowjobs is something congress does understand, at least.
over lying about a blow job, yes, because extramarital sex is not illegal as much as evangelicals might wish it was. but do not pretend it was not rooted in evangelical sexual moral panic and general hatred of clinton. of course, they lost any pretense of that moral high ground with trump, so that is nice.
here’s a short list to answer your question. this is just between 2017 and 2019. doesn’t even include gaetz.
the only thing a senator can do is appeal to the federal government for aid, which he did. you should learn more about the actual roles of senators because you're clearly unfamiliar.
you talking about pelosi now right? cruz is a us senator not a governor. please tell me what he could have done besides “stand” with the people
happy to be of service!! seeing a lot of thisappointing, angry comments in this thread. as someone mentioned, idc if it is ted cruz or bernie sanders making this statement, i agree with it! too many are caught up in the product of a 2 party system to look out for their own best interests!
i came to a similar conclusion years ago during the russiangate scandal with trump. i decided to actively seek out. he has a podcast he does "verdict with cruz" on youtube and honestly he is very good at articulating conservative thoughts on it. and iirc, he said several months back that he did not really understand crypto when he was asked about it so i'm curious if he has learned more.
i don’t like the guy. i’ve heard him speak unedited, i followed him on twitter for a bit to get get a sense of what he’s like. i agree with him on bitcoin. maybe other policy ideas too. i wasn’t talking about what he claims his policies are. we’re talking about whether we like him. i personally don’t 👍 dude’s a fuckin weasel
no, of course not. biden is your president :)
the media needs everything to be a scandal, it is how they get paid.
is this really a criticism when trump went on vacation every week?
i meant the left. you're gonna get reigned in wherever you are.
bru a boeing 757 ' year is 2021 nobody full doses anymore
am i supposed to know everything about everyone? all i know is he is fighting with us on this issue so i support him on that obviously.
i understand that him going on vacation was a bad look in every way especially by boasting about it, but what the hell can a senator do about a failed power grid?
well, it is a little annoying that cruz and his family were at the beach while my elderly 97 yo father had no electricity for 5 days. add that to the 300-700 people that froze to death, or died from co poisioning or other silliness trying to not freeze... i'm not allowed to thislike that he did that? because it made the news?
michael saylor has entered the chat…
well even though biden said trump caused the hurricanes, i very much doubt politicians have the power to control the weather i often take vacations in august or in december because the amount of work is much lower. i imagine it is the same for a politician when everything is closed
exactly! also pro-choice, but to pro-life believers, it’s no different from the government removing your freedom to murder someone.
it does not look like your comment is downvoted though.
you rlly think the democrats are looking out for you??? geez i’m sorry. both sides of the aisle are authoritarian, but it’s damn sure obvious which side strongly believes that ignorance is bliss. either dems have been living under a rock, or they are evil. they live in fairy land and so do you. fuck partisan politics, they’re playing you like a fiddle.
could you imagine the outrage if trump got caught putting cigars in 19? trump said stupid shit, but his “personal” actions were never as bad as clinton’s while in office at least.
go check out hunter bidens laptop pictures and come back from there
i don’t know man, you know going under oath that there is consequences if you lie. honestly he should have just admitted it (to which would have still given ammo for the right) i don’t think he would have been tried for an impeachment, and if he had i would have strongly thisagreed with it
i said “proven” not “accused.” not to mention i said “governor” not simply a state senator(not federal). the title to your article says: “90 gop lawmakers accused…” edit: not to mention matt gaetz has not at all been proven to have any sexual relations with the 17 year old that the news claims he did. the most i can find is that there is hearsay of an investigation into matt gaetz, also the last time any major publisher said anything about this allegation was in the beginning of may. something tells me that nothing will come of it, at least nothing has yet.
there’s no law saying he can’t help thistribute food and water (at least more than a photo op) and it’s certainly not a good idea to leave your state for a vacation in a time of crisis.
lol i don’t give a shit who’s president. i am not a right-winger extremist. i’m glad that you think you “won” with biden being president, but he has been a lifelong democrat that he done nothing significant to help the middle class. i can also talk about the piece of shit republicans that have been president as well. pick your poison. they’re all worthless pieces of garbage that “play the game” to get into office and then never follow through with their promises. so fuck biden and fuck trump.
hey, say hello to dementia joe since he is on vacation. let him know the world is burning and the afghanistan people are being slaughtered because of his incompetence.
well for now i'll remain fine getting healthcare for free that would cost me hundreds of thousands
yer heads proper fucked m8
he is fighting for his own self interest here. also that was pretty major event how do you not know about that ?
aoc came from ny and raised a lot of funds for texas.
they can do a lot of they actually cared.
they can do absolutely nothing. they can put fake pressure on the electrical companies buy doing press conferences to make the public believe that they somehow influence those companies strategic decision making.
that’s fair, but it’s not the case of most of his detractors. everyone’s entitled to thislike whomever they want, obviously. but if it’s not consistent across political lines, then it’s jus hypocritical and small-minded. the media has made an industry of making it cool to protect the left and destroy the right. if you think that’s ok, then that’s your position. just don’t pretend it isn’t when it comes back around. “think for yourself and question authority.” - tim leary
now you’re straight up lying.
because the crypto gods have restored order.
no, it is kind of a quality of democrats to criticize or elected officials, because we're not a religious cult like republicans. and it is usually accounts like yours that inject themselves into a convo to again spew "both parties are the same" while ignoring republicans complacency with racism, misogony, nazism, police brutality, etc.
i could absolutely imagine the outrage from the left. i could equally imagine the deafening silence from the self proclaimed "moral majority". at best they would hmm and hah, and say they will pray harder for the president while doing nothing to thisempower him. contrast this with the democratic party forcing a high powered governor to resign this week due to a string alleged sexual assaults. i personally cannot imagine the republican party having the balls to do that to their own.
ummm, there are court documents...
he just tried to blackmail ukraine to make up false accusations about biden
why? hunter biden seems to obviously be a shitty rich kid with "afluenza" but he was not given a political position of power in the current administration, unlike how daddy trump gave all his crotch goblins unearned positions that they all pretty clearly abused.
hunter biden isn’t in office right?
plenty of that list were removed from office or resigned. that clears the same bar of proof as cuomo.
can i see the photos of you thistributing food and water?
trump went on vacation while a pandemic was raging through our country lol. half a million americans died to his incompetence.
if his self interest is also in the best interest of the public then i am all for it! i would much rather have him supporting crypto than the big banks. when someone does something right, even for the wrong reasons, they are still worth of praise. we don’t need cruz and other politicians to see the people saying “it doesn’t matter, they are all self interested anyways” and them then deciding it’s not in their best interest to take our side and then move to take the side of the big banks. give praise to where praise is due.
sorry but what you’re saying is speculation and almost all of these politicians are self serving. i don’t exactly see a lot of democrats fighting this.
i meant right as the grid went down. raising money is different, a senator is not the head of the power company management.
lol elected officials caring once they are in office, a tale as old as time
yeah fuck it. might as well just leave. wtf man. he could have shown some empathy for his constituents. sometimes our elected leaders should just be there for us even if it is just to say "hey, i understand and i'm here with you"
ok maybe you something i do not but i never seen a politician use his weather powers. please share proof
hahaha. complacency? why hasn’t social justice been fixed? democrats have been in power for decades. they could have already passed bills about racism, infrastructure, education, etc. but instead they do it when it’s good for the headlines. you live in a lie. government is inefficient by nature, yet you bozos think we need a bigger one.
nazism is making me show my mf papers to go back to “normal”. not some far left-right imbeciles who obviously couldn’t put together a plot if they wanted. democrats are the most cult like group i’ve seen in a long time. both sides actually are, but it’s just funny how since the msm blows your politicians you think you’re saving the world from republicans. i laugh
yeah, it is the republicans ignoring racism even though the dems created the kkk and would not even change the party name. and let us also pretend joe biden did not raise the hand of robert byrde (a kk cyclops) to acknowledge him in a parade. and we'll pretend joe did not send blacks to jail for small amounts of drugs while also having a son who lost all his teeth doing crack and is literally on video admitting to a russian prostitute that his drug dealers stole his laptop that has evidence of him doing crazy sex acts while on drugs. let's also forget hunter lied on his gun application, which dems supposedly care about... no need for dem civilians or msm to talk about it... this is totally normal. and police brutality happens in dem cities, with dem governors and dem mayors, that many times happen to all be black... but let us blame republicans 👍
just took a 2nd look at the article seems pretty bipartisan to me. in fact it thisproves the original statement claiming republicans tolerate this type of stuff. multiple people, republicans and democrats voted overwhelmingly to remove those people. and although the article still does not help answer “the last time a republican governor” question. it does make it clear that these actions were not tolerated by any side. not to mention the people who were removed on both sides were split republican and democrat.
i don’t live in texas and i’m definitely not a senator. my responsibilities are slight different than his. ol fled cancruz is gonna have himself a doozie when election season comes round
cuomo right? nursing homes? or pelosi with parades through china town? how many women do you think are being raped in afghanistan right now because of biden's follies?
so we shouldn’t call out a politician for being self serving? we should just be okay with it? if you think he is really fighting for you then you are awfully naive my friend.
nah, i just need politicians to do the job that they where elected to do. i have no qualms with them taking vacation as long as they have done their job and a natural thisaster occurring while they are gone doesn’t change that. especially when they have no real power to help the situation.
responding twice to the same comment, calm down snowflake
republicans have been waving around nazi flags and wearing swastikas, why are you lying?
stay ignorant and confidently incorrect bigot.
i gave you a bipartisan link and then you just moved the bar.
okay, well as someone who actually lives in the state you're pretending to be offended on behalf of, there is nothing he could have done lmao. ted cruz going to cancun did not make my pipe burst.
>how many women do you think are being raped in afghanistan right now because of biden's follies? what do you care you guys hate women's rights. this is exactly what trump was hoping for when he promised to pull out troops. it's no wonder these people were completely unprepared after trump's failed tenure as president.
i love that he saves 3 hours with this. people in developed countries cannot even imagine what a pain in the ass it must be to not have a bank account that you can control with your phone. this is real life value right there. strike will also install hundreds to thousands of digital-to-physical cash stores all over the country so people can actually can sent their paper money over the lightning network. i think we cannot quite forsee how much of a benefit and what a positive precedent this whole project will be. almost nothing to lose, and a lot to win. perfect asymmetry.
i have been waiting impatiently for videos to start coming out from these countries adopting btc to see how it is changing lives for people. for better or for worse this is important.
it's the reality in poor countries and in poor communities in the us. as a child my mother would drive to the near town to pay the electric bill, it took her about 80 minutes from the round trip to the long line to pay. that's time you never get back, that is time wasted.
think this is a pilot program called bitcoin beach. really great to see bitcoin empowering the poor and rural populations too.
fitting that el salvador translates… lol
big things boys, big things. the haters have no idea.
correct me if i'm wrong, but he did not pay directly with bitcoin to the electric company. he told someone to go and do the payment in fiat money and then payed him. that's still great for the person in the video but not quite really an adoption of bitcoin from the goverment companies. don't get me wrong, i'm in the crypto community because i love the idea behind it and i want it to succeed. i'm also a new member of this and other subreddits about cryptocurrencies, so please be nice :)
man. makes you feel good to see the real power of bitcoin--and it is promise from satoshi--in action. powerful.
i just bought more
imagine how small the bill is. people here could afford to pay for the entire village.
now imagine having smart contracts enabled connected to your house and the electric company with auto-pay and reminders if you don’t have enough funds (or transferring from another wallet). so you don’t even have to take a picture of the bill. smart and digital money is the way.
wow to go from 3 hours (1 hour to travel by bus, 1 hour wait, 1 hour to return home) it's now basically less than a minute, or nearly instant. nice.
that is really cool bike - anyway his life got way more easy paying bill
jesus christos! sometimes i need to remind myself i'm in it for the money. the tech is beautiful though 😍
see how is btc not more environmentally better when you consider the secondary effects it has. it’s saving everyone 2hrs bus trips and paperwork’s etc.
banks that made online payments having an aneurism “that’s what i made too you muffins”
is this where *el chingon* lives?
i'm from el salvador ama
excellent my friend pay the dam thing and keep up the good work that’s it! this is great aspiration right ☝️👋
what vice documentary is this?
how cheap are smartphones in that country. wow
couldn't he have done all of that electronically with fiat though?
people don’t realize that such a small, simple thing will change the world but it will.
if this is using the lightning network, i’m impressed. if this is an on chain transaction, i don’t see how it makes any sense. the transaction fee would likely be as much or more than the bill.
how did he get btc to begin with without a bank account?
aren't there a billion ways to send money on that phone?
dumb question, normal bitcoin transactions take around -20 fee and even if they are using the lightning network, it still does take a good amount of first time fee to open a new channel, so how do these guys afford that?
kinda like a bank card.
i keep seeing these posts and they are a bit misleading, this is most likely strike a centralized lightning network provider, transacting in usdt and maybe a settlement at some point on btc, but there is very poor documentation on the process. it’s not much different than paypal. what am i missing?
now that is progress
i hope he only puts in what he can afford to lose.
how does the value volatility of bitcoin come into play?
how do they purchase bitcoin to be able to fund their bitcoin beach wallets? do they have bank accounts? if so, why not just use e transfers? i’d much rather use fiat than crypto to pay for common things to avoid kicking myself later in the future for paying 1 million worth of btc for 2 pizzas
i mean... i also do this just with my bank account tho... and it is more secure than texting an individual a fucking photo of my bill. this is like a rube goldberg device for paying your bills.
i take a photo... aaaaand now my btc is not worth enough to pay my bill.
since he has the internet why cannot he use a regular banks app
another perfect short clip about how fucked up is the dollar 😂
just the tip of the iceberg. going to be fun watching the wealth potential of impoverished nations having the freedom to save money without losing it to absurd inflation rates.
i used to buy this argument until i heard some guy from venezuela talking about how people can’t even afford food so how will they afford phones or even learn what bitcoin is.
lol vice is so fast in dealing with shitty things like this. if they dont have a really good plan for the next 2 cycle of bitcoin then el salvador will hit enocomy timebomb.
and here i am complaining about remembering… let me take a moment to say “fuck you” to myself.
why did he send it to the person? is there a middleman?
we are on the verge of everything as we know it changing
i never thought i would be happy to see something from vice.
what apk was he using to pay? or just a wallet?
it's quite interesting. one of the reasons why mobile payment in china was so widely adopted was because they skipped the credit card phase altogether. i can see el salvador skipping both and go straight to using bitcoin as a payment method.
i love the fact that el salvador has taken that step to use bitcoin in real life and show the rest of the world the benefits of doing so. it only takes one to make a difference, and this is that they are doing.
not the perfect way but it saves a lot of time and effort. next step is directly paying to the companies with a barcode. nice.
bitcoin is more than just a money revolution. it's almost like the revolution to end all revolutions. fix the money fix world.
god damn this is the stuff right here.
i know it is early days with btc in el salvador but he is still paying that to a middle man who could choose to keep the btc and not pay the bill. not fully trustess. still a major move forward however. great stuff
but everybody would need a smartphone with internet?
we have come a long way since 2009
i see a big issue with the fees as soon market is going up again
not one person i know ‘in real life’ (i know, i know, reddit *is* real life 😉) has any clue that el salvador made btc a legal tender. like ... isn’t it getting close-ish to a month now? my boomer parents didn’t know, friends didn’t know, girlfriend didn’t know ... some days i do feel like right now is ‘early’.
how about the fees for doing a small btc transaction? how does he manage, what app he uses? bitcoin is great to store value, but how is it possible for these payments?
they dont have banks?
is this app called sphinx
thats y am in crypto
because it is their bitcoin, they are free to sell it for whatever they choose. it's the same as contacting a random individual on the internet and arranging to buy their bitcoin for a certain price. when everyone sees that it works, and that it works for the people who need it the most, perhaps more people will believe!
crypto payments rising lately. still, we have too many crypto huggers than spenders. i think the best way to get more adoption is to spend some crypto for payments even just stable coins. with some platforms, such as coti and utrust we can pay with crypto almost everything.
if you listen, he is not paying the account directly. he's paying someone else who's going to pay the account. bizzare
i love this el salvador propaganda
what show is this?? vice?
will bitcoin improve the safety of el salvador?
or use m pesa safari which has been used in the developing world for years. stop trying to flog bitcoin is a good service for transactions. it sucks for transactions.
wow, life there sounds incredible.
if they have bitcoin do they not have a bank account with direct debit or online payments?????
full context and documentary here!
this bike is to funny... + the market looks manipulated... i found some strange stuff... can help a brother out?
anyone got a link to this ?
it must be terrible to waste 3 hours for paying an electric bill. this is the real revolution for developing countries, i hope this could help people in need to get paid for the work they do. less time for these things and more time to enjoy your work and your life.
seeing this makes it all worth it.
3 hours to 3 minutes. bitcoin not only saves money but also saves time.
it's incredible. people in the western world do not yet realize how bitcoin is changing the world. hopefully they will wake up to the reality before it is too late.
why can’t he venmo
sorry, but if it is paid "to a username" then it is not really bitcoin.
lol it took vice long enough
amazing, from 3 hours to not even 3 minutes
something big is happening here. i can feel it.
going to suck when he goes to pay his electric bill and he suddenly cannot afford it because btc dropped 20% that day lol
so this should strengthen us dollars then.
holy cow spending 3 hours just to pay an electric bill?!
i am still glad they adopted a crypro currency but why tf had it to be bitcoin. there is almost nothing worse to chose from. ever heard of ada or any modern currency.
this is awesome! but cbdcs will probably do the same. i wonder what such examples can be shown as btc exclusive, quality of life improvement for a farmer in a remote area (excluding illegal uses)
3 hours on the bus? holy shit. buy some solar pannels
imagine if you had enough money to pay your bills and then elon tweets something and now you can’t charge your phone.
so thats why we have such a border problem... crypto ...
third world country... has a nicer phone than i do. the video thumbnail is misleading. i really thought the bike was gonna power their mining station.
am i right in thinking he is paying bitcoin to someone with cash that pays the bill and that why he sends them a pick of the bill
search for unified payment interface or upi india… same concept but fiat ccy
i dont even have to take picture. just click pay
nice and all but what about the population 40+ years of age.
i see the benefits in south america, but the north american in me feels like john doe wants to put an envelope in everyone's mailbox claiming to be the electric company at a similar username.
not allowed to say here sorry.
but this means there is a huge degree of trust between him and that guy helping him to pay the bills.
totally agree. very little downside and so much upside potential. hardly a risky thing for the govt to do.
yes! i'm peruvian and that is totally true! i would love to add that you do not need to be poor in order to benefit from digital payments. it saves you tones of hours!! that you could invest them in working and be more productive! in addition to what bitcoin as a digital payment adds to a country, it also adds a real strong monetary policy. many do not see it, but not everybody has to know it. they would see it on a daily basis sooner than later.
i agree. this is awesome. unfortunately, i watched a youtube video yesterday of an american woman in el salvador trying to experiment with using bitcoin in el salvador. she found an atm that converted usd to btc. the atm took a nearly 25% fee for converting usd to bitcoin. this was one of 2 atms that converted usd to btc in the area. see below... [ i'm sure strike will make progress on rolling out cash to btc conversion machines around the country, but the current available process for "on-boarding" into the btc system is borderline fraudulent and as corrupt as transferring usds into the system via remittances.
how did they load strike without a bank account?
they will see it once it put into application! then, when everyone sees that it’s going to work, and work for the ones who need it the most, maybe more people will start to believe!
real life value is having people's lives become easier, real ppl benefit from bitcoin, corporations attempt all they can to break it, and they cannot. it's beautiful, like the economy actually has a soul.
totally agree, imagine how much money banks ‘steal’ with fees from that poor people … go planet
strike is the most downloaded app in the nation. check this
hate to be that guy but in singapore we use upi from india and wechat like app from china, it take 1 second to process any payment and costs . its already used by 50% of prople in india and 80% in china
people in the west live in a bubble and they think everyone should do the same as them...
> so people can actually can sent their paper money over the lightning network. a company called western union has some experience in doing this.
i share this sentiment - and i think l we all agree that btc has amazing properties , but seeing actual practical applications for the people that truly need it - makes a world of difference.
what about volatility? is that a concern in these countries?
the question is, what will happen once these poor countries have as good banking as in the west? will their bitcoin usecase die out and centralized banking will take over? i mean bitcoin cannot compete with my current banking situation, and i am not sure it ever will.
could someone explain to me how?
i do not know how old you are but paying online only became a thing this century.
how long is the drive to the nearest bitcoin exchange, i wonder?
til, they have a multi-sing approach to make their own community bank. i'm so jelly!
you can download their wallet, its actually very nice
he saved 3 hours. if that means someone takes 2% in btc to facilitate the transaction, that is still dramatically better than the alternative. eventually that bill will just have a username or qr code to scan and pay directly now that el salvador has passed that law making it a true currency.
that would appear to be the case, yes. i'm curious about how that actually works and whether someone could simply accept payment and then not actually pay the bill. or how much the person pays for the intermediate to do it for them -- granted it does save a large amount of time for some. it will be amazing if. i live in latin america, and the billing and payment system is pretty archaic, like having to go to the grocery store or other various points to be able to pay bills in either cash or by card. doing things online is not always an option.
i'm not sure if you're aware, but el salvador just made bitcoin legal tender so in 80 days or so they will actual be able to pay directly in bitcoin. also, the intermediary apps would not be charging a fee for the service if someone wants to choose dollars over bitcoin
he will be able to pay directly once the bitcoin law comes into effect. then they get to see the true power.
the electric company can accept bitcoin by sticking a lnurl qr code on the paper...
this just sounds like “direct debit”, which we’ve had [generally via credit cards] for a very long time. why would “smart contracts” need to be involved at all?
automatic crypto billing cycles seems like a bad idea.
the banks do not consider the poor, they do not have the online service to pay from home
that depends if you're comparing btc to fiat or to a non pow coin.
not even close to the same. for starters, the banks in el salvador would not give accounts to 70% of the population
why does not the power company let him pay in any other electronic way. aren't they motivated to receive payment and make it easy? why is this a unique bitcoin solution like the video wants to make you believe?
do not expect anything fancy, but very basic smartphones (android with touchscreen and camera) do exist for less than
those are probably refurbished mobiles which are renewed at a shop and sold for cheap
yes but to do that he would need a bank account or even a digital bank account through an app. to do that requires a lot lot more
with bitcoin people can be their own bank, but strike or lightning will not do this, they will need to put the coins in their own wallet controlled by them only
they are using ln with strike wallet app.
they cannot afford the an on chain transaction fees, it is lightning
not generally without a bank account if i'm not mistaken. you do not need a bank account to use strike or bitcoin beach wallet or the soon to be released chivo government wallet
but you will need a bank account in most of those ways
for now, they use bitcoin beach wallet, strike app and in the near future, a government funded wallet called chivo. no fees.
yes, providing banking like services to the unbanked. that's what the accomplishment is here in case you missed it
those scammers are irrelevant. always have been.
when a million people there soon start to make their daily transactions with bitcoin any blockchain would quickly become impossible to manage. luckily bitcoin devs and community saw this and realized second layer scaling is where it is at.
you do not need a kyc bank account (like paypal) - that is what you are missing.
> transacting in usdt strike is not using usdt
70% of the population do not have bank accounts so the bitcoin lightning network is their only option for electronic banking
pretty sure he cannot afford to loose 3 hours of his life to take care of this. that's not even mentioning the money he spends to travel that far.
the president himself explains how the government takes that risk, the seller can choose to be paid in dollar or in bitcoin:
1btc = 1btc. i guess if people in el salvador want to trade for usd then they may win or get rekt?
how does the value of the russian ruble change your electric bill? or the chinese yuan?
this is not how currency works. holding. a dollar is not as good as holding a dollars worth of bitcoin. spending in bitcoin allows you to hold everything in bitcoin.
70% of the population do not have bank accounts so online banking is not an option but the bitcoin network is open to everyone with a smart phone, which everyone apparently has. there are various ways to get bitcoin, including remittances from overseas, exchanging cash for bitcoin p2p or even cash to digital cash p2p and then converting that to bitcoin. cash shops where you can trade bitcoin and cash. this infrastructure and education will be radically increased with the new legislation and government wallet.
an [anonymous donor]( gave bitcoin to the community in el zonte two years ago with the condition that they did not cash it out to usd. a whole economy sprung up using the ln and now thousands of people transact in bitcoin.
that's the problem with a deflationary currency, it thiscourages spending and encourages storing
congratulations, you live in the 1st world so your situation is not at all comparable.
it will be if the bill is also in bitcoin.
they can pay in dollars using the bitcoin network as well.
to use regular bank app, first you need a bank account.
why? most people in the world can do an online transaction through a bank account with online banking
even if they cannot buy enough food they will save money and buy a phone
according to the president and people in the area, they have sufficient technology (phones) for it to work. they are also rolling out infrastructure and education as part of the bill. the president literally just demonstrated how to use it during a presentation
i think it is a strike app, they cannot use the wallet because they cannot afford the transaction fees
you will be surprised to know that everybody in the 3 rd world have a phone and internet!
they do but a majority of the population is unbanked
because bitcoin is the only crypto that is money. the rest are utility tokens. bitcoin has the best and largest network and the widest thistribution. nothing compares to bitcoin the network and bitcoin the currency for use as money.
> cbdcs will probably do the same no, 70% of the population there does not even have a bank account, so that wouldn't be an option. also, the cbdc stuff is by country and the el salvador central bank is not going that route.
cbdcs would not have a hard cap like bitcoin so they will be inflationary not deflationary.
> cbdcs add another shitcoin to the pile.
holy shit. your circumstances dictate how you do things? buy some wealth duh
that is where l2s come in adding a layer of resolvability and assurance for the common user. they are necessary for scale, so might as well have value add.
except if strike closes, all the poor people lose funds. other than that centralisation risk it is great.
>very little downside i dunno. with all the crime down there, it seems much easier to force a victim to drain their bitcoin off their phone. now that everyone is using it, everyone is a potential easy victim. how can this huge redflag issue be resolved? it is much harder to force a victim to go to their bank and withdraw all their funds, but it would be super fast and easy to force someone to send out all their saved btc in some dark alley where no one can see.
not in right language
so how will you all deal with the large potential crime issues? it is much harder to force a victim to go to their bank and withdraw all their funds, but it would be super fast and easy to force someone to send out all their savings from their phone in some dark alley with a gun to their head. now that everyone has bitcoin, everyone is a potential victim and easy to force them to drain their accounts.
saying this atm had a 25% fee is like going to your corner gas station's atm, withdrawing , getting hit with a % fee. no, it took a . i wish people would be more precise about what they are saying. i'll lay it out. when he was buying, he was offered a price of . there was a . he ended up putting in , had a , so ended up with /= 0.00036757 btc. he went to the sell screen and it offered him a price of . if you average these two numbers that is a "market price" of % "spread" on the price, +7% to -7% to . when he looks at his phone wallet he says "i have .83." so his wallet (like most wallets) are referencing some exchange's market price, which * 0.00036757 = ~. so if anything you could say the atm is charging a 7% "fee" over market price for the convenience of not using an exchange, and then a flat (or ). spelled out just so we know what we are actually talking about here. the . arguments about what spread should , i just wanted to make sure it was all clear.
this is exactly what i was worried about. fuck those price gouging atms
fuck usd, why not use el salvadors own currency? ... oh right.
that's where i feel the real problem is with btc tbh. the fees are **way too high** for underdeveloped countries. for instance, i'm from india, and here if you take normal btc transferring fees 0.006 btc or , then -day wage of a labor here earning .5 a day and even low sometimes in villages. if let us assumes india tries to adopt btc as legal tender (never gonna let you down, but that is never gonna happen) then it is pretty sure that we'll have to pay that fee. and we have **upi** here. same stuff, you scan a qr code or write the recipient's **username** and within 1-2 sec you can pay him from your bank acc. with **zero fees** yes btc is good for big volume transactions which still require the same 0.006 btc network fee but for low transactions like , you end up paying , they get hit. sure btc has a long way to go, but i do not think that network fee will ever go. if i'm wrong, then criticism is welcomed, apology if i'm wrong anywhere.
the atm's are crap. hopefully people due p2p with locals in exchange for cash. probably much better exchange and keeps the money in the community instead of it going to big corporations.
i'm not comfortable with all this reliance on strike coming to save the day. all startups start out nice and fun, until they gain market dominance and show their true colour. i think that the woman in the video could have bought the bitcoin peer to peer from a local dealer or something like that.
an american woman ... made a yt video ... aka one of those biden lying journalists. nobody needs to use those atms. each adult will get usd 30 worth of bitcoin in el salvador from the government to get started. the usd is still valid. so you spend your usd bills until gone . that simple.
the law in el salvador would not take effect until september 7, 2021. once that happens, atms become practically obsolete since you can pay directly in bitcoin and do not need to convert to usd or any other currency.
yeah. well there is your fatal flaw. the purpose of bitcoin adoption in el salvador is to lure some of that trillion+ market cap. it has nothing to do with helping the poor. my friends living in bamboo huts with dirt floors in india use google pay and that is probably what will happen in el salvador too.
tether or some other stablecoin could be the lesser evil.
mostly you need family from the us to remit to you via strike. i’m sure they’ll build out real ramps soon though since the government there is backing this
probably otc? or they got paid in btc from work? im interested too
as i mentioned, you'll be able to load up strike with paper money as well.
i do not think anybody is going to "start to believe" until btc can do something that traditional banking cannot. i've held btc (and other crypto) for years, but i've never actually \*used\* it for anything. with all the conversions that have to happen behind the scenes before you can pay for anything in el salvador ... i'm not impressed with this use case.
not censorship resistant and unconfiscatable
> over the lightning network. > western union no
i mean, we just watched a guy pay a bill on his phone. are we to be amazed?
yeah... it is a constant gamble with bitcoin. at current prices, .50 right now would've been .30 yesterday, .75 a week ago. .90 a month ago.
they’re making it easy to hold dollars but transact over the bitcoin lightning network. they’re making more use of bitcoin the network than bitcoin the asset.
yea which is why they will have an easy, cheap and fast way to buy dollars with bitcoin. how they will do that is still not clear to me but its a must.
not really a concern for most since most are unbanked, are not investors nor holding any investments.
because the banks do not give a fuck about you if you cannot make them money.
in the case of my family, the bank required a certain monthly deposit, with x amount of checking transactions. some predatory banks for the poor from experience are, key bank, us bank, wells fargo, chase. hidden fees, monthly fees, unreasonable overdraft fees. minimum fees. chase bank closed my account when i was 19 because my monthly deposit was not sufficient. i had to just cash my checks at the gas station or local mexican store. this meant i had no auto pay service to pay bills, i had to travel to a near town to pay the bills just like my mom. being poor sucked, i have none of these issues now. ever since i found a stable career that meets my banks monthly deposits i'm banked.
banks do not consider the poor
too much cost, too little security from government. people use cash because they don’t trust their own currency. super high interest rates due to government corruption thisincentivize credit. people in the us pay, what?, 3% to 5% apr on a mortgage? i can bet in el salvador is closer to 30% to 50%. in mexico, which is a lot more developed, it’s like 12% to 20%. no one is buying houses on credit in el salvador. so, if you don’t own a house, what sort of collateral could you offer a bank for it to give you banking services? and if the bank isn’t giving you banking services, why would it build infrastructure near you?
i used to get charged for not having a certain amount of money in my account, now imagine that where your monthly payment is not enough to not get the fees. its not even the banks fault its just the banking infrastructure is so antiquated that it costs money and since interest rates are so freaking low they make their money now from fees and credit card interest.
there are reasons that christianity was founded with laws against usury. the definition of usury has been gently eroded from all interest to "excessive" interest. meaning that someone is rewriting history.
you have to prove that the money you'll deposit is not obtained via illegal methods, which is easy for formally employed people, but a lot of these people in poor villages earn their money from independant businesses. that's why most people in the capital, but anywhere else it is a lot less common.
because it’s not their problem. they’re a business not a social program. that being said, in the us, checking accounts cost almost nothing to the bank, and many online ones will let you open a free, zero fee one with only an ssn and an address. literally don’t even have to go to a physical branch anymore. if you can’t even access your ssn or have an address then idk what to tell you. that’s waaay outside of the scope of what a bank should offer. at that point it’s up to the local government.
simple, its very unprofitable to serve people that are that poor.
the poster was talking about their mother’s childhood. i would assume that’s at least 40 years ago. all those same banks have evolved since then to easily do online bill pay and money transfers.
what a beautiful tale of privilege! thanks for sharing :)
is it multisig as in lightning is by definition a 2-of-2 multisig protocol for each channel, or is there something different going on?
i really hope that day comes :)
i also live in latin america (ecuador) and you have different choices for paying for the electric. but all of them require that you have a bank account, so the infrastructure relies on a centralized entity and, of course, the infamous fees are all over the place.
they could probably walk away but they’d never get repeat business. basically they’re stealing maybe -10. which could hurt someone in the short term but severely hurt them in the long term. plus, what they’re doing is like mining. they probably don’t make a profit right now but they know eventually bitcoin will skyrocket and they can cash out heavy. what we really should be talking about is this guys business mindset. fucking genius.
cause for you to have a credit card you need to interact with a bank. the key elements of defi are decentralization and autonomous. no middle man, just your wallet and the other end of the transaction (services, people, bills, etc).
whatever you consider is a bad idea, will be a condition to safeguard your being inside the smart contract, also you can pay with stablecoins. the possibilities are endless.
they make the life of people in el salvador very inconvenient, a small feature could save hours of time wasted for the people
what regulations do they use to keep them out? aside from the high costs alone that can keep many people out
theres only a company an american company called aes you can find it in the us stock exchange since they have a monopoly with the thistributors they have not improve this for most people i'm enrolled in automatic payments because i have a credit card and i'm middle class people like him do not have a credit card because they just do not qualify for it or seem not deemed to have one or charges are too high. there's several ways to pay i do not go to banks to pay my credit card statement once i week i'll go to the supermarket pay for my groceries with my credit card and pay my credit card with cash. is a unique solution for sending remittances that is a huge business here also the government see this as a way they can mine bitcoin and pay their debts with local providers plus people will come and increase profits with tourism that has been hit since the pandemic. el salvador has gone through this we had the colón (in honor of christopher columbus, columbus = colón) we had issues with volatility and inflation and we ditch it for the usd people will get used to btc as a form of payment they just need some ads on tv as we did with the usd, remember remittances also back before dollarization were big business you were deducted a transfer fee in the states and then a fee to exchange colón to usd.
70% of the population do not have bank accounts so cannot do online banking
haha, el salvadorians teaching ignorant developed world reporter how bitcoin's price works.
interesting. that's pretty awesome. i wish i could ask my company to direct deposit me some btc instead of usd
with bitcoin you can be your own bank, that is what satoshi wanted.
i think that is the big thing here. fantastic to even the playing field for the unbanked
ok, but kyc is not a problem for the majority of people, like he is paying his utilities so they have kyc on the user already. is kyc non-compliance really ground breaking?
thanks for posting this, it’s great to see strike move away from usdt.
how do you get btc without going through an exchange? buy local bitcoin sites are not the answer here, fiat is getting converted to crypto at some point. it’s a bit gimmicky at the moment. the unbanked still need to acquire an initial investment in btc to make a purchase.
so in developing countries people do not have jobs, so 3 hours is not a big deal at all, and transportation costs in developing countries is basically pennies. the sad truth is that from my experience in developing countries people have nothing better to do than sit around for 3 hours.
this is true. but if the value really tanks wouldnt the government be in a really really tough spot? we're talking really wild swings here like 60% downswings. it could bankrupt the government, and they cant really print more bitcoin
btc has value because of fiat though. otherwise why can’t i give you 1 btc for your house? i mean, you preach that btc will be the future so i think it’s a good trade if you truly believe in crypto.
deflationary currency like bitcoin thiscourages spending, why would you want to buy something less important today if you can buy it cheaper in the future
i’m sorry if my question wasn’t clear. i just meant, as someone who doesn’t have access to a bank account to hold their fiat, how can one go about trading their fiat for bitcoin?
thanks. this answers my question.
absolutely nothing to do with where i live. the point is that there is already a worldwide standard solution to this problem, which is more secure, the sole prerequisite for which is owning a mobile phone, which he does. what's happening in this video is a (sub-par) solution looking for a problem to solve. wanting bitcoin to be more widely adopted isnt an excuse for just bandwagoning silly shit. "send an intermediary bitcoin so he can pay your electricity bill for you" is ridiculous.
if you wish to make an apple pie from scratch, you must first invent the universe.
is that so hard? i have 3 bank accounts and none of them cost me anything, i can also send people money with no fee's using paypal, cash app and loads of other ways. im in bitcoin for the long term hold and anonymity, not to set up a user name and start spending it
but he has btc? lol
thanks! never heard of that app
i'm not so sure about this. i live in a third world country and its far from 100%. also, even if everybody does have a smartphone with internet, there would still be some inconveniences i feel. like even when i just use phone wallets which even though i heavily rely on, does not work a lot of times due to network issues or bank server issues and it is very annoying, especially in desperate times.
but they have access to exchanges to buy crypto easily? thats just extra steps
bitcoin doesen't have a more real life value than other coins too. bitcoin is not money. it has a value in relation to money bu so does literally everything else in existance. it doesen't matter if you call others utility tokens or not. what matters is the system behind the tokens. and btc while not being the worst, is by far not the best suited solution as a currency. and when it comes to network size, it doesen't matter at all if it is btc or ada or other coins that popular. the networks are all more than big enough to guarantee runtime and security. the problem i habe is that it is very foolish to implement a crippelt system like bitcoin as a currency when there are far more future proof, secure, efficient and faster systems out there.
yes, es will certainly not have dcs when btc is alreadty adopted and running, i was thinking about another country like poor chinese folks in villages will not have this convenience and benefits. then i thought, wait, dcs can do this for them. opening an account will not be more difficult for dcs than btc. dc will be less volatile due to tighter regulations and maybe better insurance against theft too. then what's our edge over dc camp as btc supporters?
(low to moderate) inflation is not bad though... and it is definitely better than deflation. inflation within reason pushes people to spend and stops the economy stagnating. and in situations like we just had, allows policy to bail out people in need. being locked out of any possible inflation is *a bug not a feature*... it needs to be kept in check, but permanent reversal is quite bad.
what if some crazy country decides to issue a cap for their dc? it is obviously benefitting btc a lot. it can benefit a dc too. they can even use a similar system to btc except gov. mines alone! (with gov pcs all over the country for some decentralization security) regulated, hard capped, fast, digital, natural gas powered, smart contract capable, deflationary, insured norwegian digital krone! what are we gonna do with all those satoshis then? not fudding, just genuinely brainstorming.
which is an issue that small countries already had. strike's existence does not make it worse, and with scale, maybe improves it dramatically. the ability to move funds out of strike to a global forum may be a game changer.
they can use any lightning enabled wallet.
theft of that nature in 1st world countries is common as well. either you have theft from banks and the economy is limping bc people can’t even use the system or risk a burglary with crime actually declining there. choice is clear
the smart thing to do would be to price everything not in dollars but in bitcoin. so a loaf of bread would be always worth 5 satoshis for example. just like if i pay with euros the loaf of bread is 60cents, but it is dollar value varies since the exchange rates is not fixed.
all prices are based on usd i am assuming. they just pay whatever btc is worth in usd at the moment. this is better than using usd as the el salvador government cannot print usd, but they can mine btc.
the government is backing the usd value that they are paid there wages in... to the down side that’s the understanding i took from one of his speaks on this matter... they are covering the cost if their is any down side with a 150million usd fund they have set up
they can elect to transfer bitcoin to dollars at the time of the transaction if they wish.
you don’t realize it but when you pay with usd that value is also changing second to second. but retail sets a price for a convenience for consumers. so a wider adaption of btc would do the same.
atm i use has 3% + , so when you buy , but when you get over say . all this without kyc or bs aml. if i am not close to the atm, i send money to friends and they buy it for me same day. fuck exchanges, i'd be happy to pay 2x more for this.
first off name checks out. and yes, i was going to say the same exact thing. the . most of these atms make money off the spread which is also a safety feature to reduce risk for the atm holder incase of a flash crash.
so much this. we accept so much in the fiat world that we're now critical about in the crypto realm. crypto = dirty business thank god nobody ever died from fiat. fml.
there's atms in my state (it is a network of them owned by one company) that sells bitcoin with only a 5% fee... except they mark up what the value of bitcoin actually is by 10-20%. say bitcoin is , well they have the advertised rate as -, but they show the fee will only be 5% so you think that is all you're paying...i bought btc there many times until one day i realized that i was receiving way less bitcoin than what i was paying for. how sneaky of them... and scammy.
yes. it’s unfortunate and hopefully will be stamped out. how can we start a “airdrop el salvador” movement. let’s just rain btc on the country and give the people a head start.
i hate all this "fuck price gougers" bullshit. they're charging what they can get, and if that number is too high, other atm's will crop up with lower prices. thats how markets work. high prices signal to potential atm operators that there is room in the market to compete.
you do not need an atm to buy bitcoin though? use an exchange? then use strike.
have you heard of our lord and saviour *the lightning network*?
the way this is going to play out (and is playing out in el salvador ) is people are using the lightning network, which is a payment network built on top of bitcoin where you can send or receive payments that clear in seconds and have very close to zero fees (usually a few sats)
i guess instead of travelling 3 hours to pay their bill they could travel 3 hours to p2p bitcoin and hope they do not get their throat slit?
> you need family from the us to remit to you via strike. no you do not. you can just accept via lightning.
yes, but what about right now is what i am asking.
just because you have never used it doesn’t mean it doesn’t have a use case, especially for others in different situations than you. for example, if during those years that you’ve held bitcoin, your own national currency (and therefore your savings) devalued by half due to inflation, there would be one use already for bitcoin.
if i may add: centralized, exclusive, reversible, blablablabla wtf are you ? ever heard of bitcoin?
with an open digital monetary network, sanctioned by his government, while having no prior access to any? hell yeah.
strike allows one to send, no? lightning is used for transfers afaik
aint nothin more to it than that. banks acting like they are “here for you” is so patronizing.
banks dont care about you unless you loan (deposit) them your money for them to use it.
yeah but if they treated you more like an investment they would likely make more money in the long run since your economic prosperity is also theirs.
why would crypto banks be different?
thank you for sharing. i’m glad you’re doing better now. good luck to you and your family!
frankly that sounds like a political problem. it’s not that unreasonable to make banks waive these requirements for a certain minimum account, i.e. no overdraft ability and no cc. we have that in germany, they simply passed a law and that was that. having a bank account is a pretty important service these days, the, denying you business is not the same as a local lemonade stand doing the same...
how much does it cost to transfer, buy, or sell bitcoin ?
there are banking options that do not require monthly deposits or minimum balances. i opened my first bank account as a teenager with my mom 15 years ago. i've never needed anything more than the initial . i did finally upgrade my savings account recently, which now requires a minimum balance.
that's just small town life, not privilege 🤔
it's semi custodial solution. basically a small local community bank leveraging ln.
the amount lost in fees and time wasted in latin america to do even the most basic things is pretty mind blowing to me. like going to a bank and having to take a number and wait an hour for a simple thing is crazy. constant lines! you go to a bank in the us and they are empty...
from what i understand, they do not use regulations to keep them out they just refuse them as customers. no one can stop them joining the bitcoin network 😉
even i have a credit card, bank account and still cannot use online banking cause they require too much information and i even have to go physically to the actual bank so i used most of the time paypal even with friends as venmo
genuinely curious, for the population that don’t have bank account how do they buy bitcoin? and if they have phones can’t they use something like revolut or monzo for banking?
do the banks provide them the facility to do online banking though? it takes them hours just to pay their bill
i believe strike are releasing a product for this soon
you can always ask for it
these people work and get paid in bitcoin, sell goods for bitcoin, have community centres where they can exchange cash and bitcoin. it's circulating around their economy. they do not need an exchange
being that he can apparently pay for the bill, he probably has something better to do with 3 hours.
man, listen to yourself
dont try to talk reason in this sub lol
what if the usd value really tanks? wouldnt the government be in a really really tough spot? watch the vice clip, there one local said that after the 50% correction he was still up 500 dollars. normal people do not think in day to day value, they think year to year how what they work for is stored. and usd has 100% track record of going down.
sorry man i do not preach anything. i hold some crypto but i'm a recent convert. i'm still trying to understand it myself, it is wild.
because holding deflationary currency is nice, and spending currency is the only thing it’s useful for. i’ve spent money that i had invested, that went up, that i expected to continue going up because i wanted to spend it.
the same way bitcoin originally started. by getting it from someone as an exchange for goods or services. with bitcoin it started with a pizza.
i believe the primary perquisite for online banking would be... having a bank account, not a smart phone. 70% of the population do not have bank accounts, which is why your situation is, in fact, not comparable. the fact that you think this does not solve a problem for these people is evidence that you're unaware of their situation.
and wait until it reaches the state of having the materials to make an apple pie
☝️ unable to sympathize with poor countries and their people ... seriously???
70% population of el salvador are unbanked, not local so not sure why, but the banking infrastructure does not exist. so people turn to crypto.
guessing you don’t know what it like in developing nations? bank accounts aren’t free, they cost you inflation.
yes, it’s hard. your bank gives you a free account because you have a reasonable and regular income, making you credit worthy. that means you are likely to use ccs or overdraft your account which is when they will make money from you. we are talking about poor people here though. they don’t just have less money, it’s also less regular. they are not credit worthy, no cc and no overdraft. and that means they are a liability for the bank. so no bank account for them. think about it, we are talking about 70% of the population here, if you banked those that would require 3x the banks infrastructure. for what? people you make no money from?
lol you sound so sheltered
so basically you live in a first world country.
banks have requirements to open an account that many cannot meet
> none of them cost me anything not exactly, if you use them you'll find hidden fees that occur unless you pay an annual fee.
it is possible to get bitcoin without a bank account. check bitcoin beach initiative - they receive aid via bitcoin and rethistribute them locally.
lol. hfsp. for what it is worth, bitcoin is legal tender in el salvador and is therefore literally money and a currency. in fact it is the only crypto that is legal currency at present. if you do not understand i do not have time to teach you, sorry.
simple. * known supply. cbdcs can be printed into oblivion just like the current fiat currencies. btc is forever capped to 21 million. * known monetary policy. everyone can predict how many coins are in circulation at a chosen point in time. release of new coins in circulation are not up to the whims of politicians or bankers, but is defined by math. * decentralized, worldwide currency. no central point of failure or no central party that can be pressured or go out of business. no exchanging between national currencies, hence no exchange fees. * self-sovereign. you always have access to your money when you need it. no bank is going to deny you access, like what happened in cyprus in the early 2000s. cbdcs will also give banks more control over what you (can) do with "your" money. bitcoin is truly yours when you take it in self-custody. transactions are unstoppable. * most secure network in existence. the proof of work system ensures the best security the world has to offer for finance.
no inflation. dcs are just digital cash, if that’s the only thing holding these people back paypal would be their jesus. > better insurance against theft you know ... that’s the complete opposite of reality. what is theft? if i go and take half your savings you call it theft and get sad. why? because it negatively impacts you, you have to work more, retire later, not able to support your kids etc. if the **government** does the same, and i’m not talking about taxes but money inflation, we don’t call it theft. but the result is exactly the same! it still negatively impacts you, you still have to work more, still retire later and still have trouble supporting your kids. it’s actually even **worse** than getting stolen from due to it’s secondary effects like the cantillon effect but let’s ignore that here. dcs will not fix this. just like paypal didn’t fix it. they can deal with volatility as long as there is a long term positive uptrend. but fake stability that’s really 10% inflation or more ... that’s poison for poor people.
for el salvador your comment is moot since they have a dual currency. the usd is how most things will probably be priced and that has inflation. perhaps if it was only bitcoin they used as a unit of accounting then you’d have a point. anyway, your argument is very keynesian. not all economists think that way.
because governments cant help but inflate their currency. a dc is completely under control of the government, so they can change the hard cap whenever they want. bitcoin is under control of the community, so the rules cannot be changed that easily
or they could use cryptocurrency, not pay any fees or have middle men at all, wouldn't that be something.
poor people cannot risk the bitcoin fees, hell, most users leave their bitcoin on exchanges these days to avoid the fees.
stike is a custodial service, they cannot do anything without strike allowing it.
but that does not help. if you get paid and you have enough btc to buy 10 loaves of bread, but then the price of btc halves, you now only have enough to buy 5 loaves of bread. worse still, you buy those 5 loaves of bread then btc doubles and suddenly you effectively paid double for your bread. a volatile currency is a huge problem.
coinbase does that to a lesser degree. they all do it.
thats fraud! how can they get away with that? i mean, that’s straight up theft!
yeah ripping people off who don’t know any better is awesome!
i heard about it but did not looked up onto itself deeply. thanks!
uh huh. going up in value is a use case, i guess.
no one cares here, they love what they have since we arent a poor country
seems good to transfer your money to a token and then use that token for payment at least. rather than holding all your money in crypto.
when i worked for a bank during college, we were told during training they’d rather only deal with commercial accounts, and avoid retail customers altogether if they could. and this was a big regional bank.
more people need to realize that the banks are not their friend. they are your business partner and they have a massive advantage when it comes to that business relationship. they are also the perfect front for large scale fraud, theft, money laundering, tax evasion, market manipulation and other crimes. fuck central banking.
good luck getting any large corporation to think farther out than 1 or 2 fiscal years.
why would we need crypto banks?
you're welcome. i wish we had a thread pinned of why banks are limiting freedom and peace of mind for the poor. maybe one day.
i am grateful for the creation of bitcoins because it indeed does provide banking without borders or strings.
did you just say this could be solved with more regulation? that is a bit of a departure from the thread both above and below you.
there is more than one bank to choose from. my credit union does not require anything more than . no monthly fees, no deposit requirements.
yeah my towns banks did not have those options when i was your age. perhaps because your parent was co owner.
the tale didnt really add anything
tell me about lines, ugh! yesterday i need some guidance to terminate my business registry and there was an insane amount of people at the irs and municipality offices. for some services you have a web platform but for other things you are forced to go there and wait 🙄
why would you, as a bank, refuse new customers?
at present and in the process of building out the infrastructure here are some ways they get bitcoin. remittances from overseas, earning from wages, cash shops, atms
this video is from the coastal zone of el salvador in la libertad loosely translated ton( the liberty) literally means freedom in el zonte beach or el tunco for years surfers only had btc to pay so people got used to it there and those early btc still in circulation there, most people have phones recent data show theres 3 phones per citizen here you could use even dumb phones to wire money telecoms will adapt to it believe me they created something call tigo money in which you can send money like venmo within central america
no, refer to my previous post where 70% of the population do not have bank accounts
yep, that’s a benefit. i have been using strike to dca btc investments without exchange fees. this has been awesome!
> what if the usd value really tanks? wouldnt the government be in a really really tough spot? the whole world would be in a tough spot, because the value of the usd is dependent on the us economy. put that in contrast to crypto that can go -50% overnight for no apparent reason (maybe elon tweeted something?) >and usd has 100% track record of going down. yes, it is a currency designed to be inflationary but stable, specifically because you're not supposed to use it as an investement...
still wrong. el salvador is not soviet union, it cannot dictate the price of bitcoin for the goods and services it pays for because by the end of the day the country is dependant on foreign trade too. so if someone says that they are going to pay you 10 satoshi for a banana, yet you could export that banana to us for 100 satoshi then the price of banana inflates to whatever they could argue on. but if the price of bitcoin 10x, same banana now worth only 10 satoshi to export as you see, the price of bitcoin will always be tied to the price of good and services. bitcoin up? now your haircut is less expensive. bitcoin down? be ready to pay more for that gallon of milk
unless fiat completely collapsed and we started over with btc, its always going to be tied into fiat unfortunately.
you will get a lot of financial knowledge and cryptocurrency knowledge just by holding the coin and exploring this sub
gotcha. so in person
i want to tack on that in 2nd world countries banks often resort to a social credit system, where you get friends or family to co-sign your account to spread the risk, and also so they can call and shame if there is an issue.
the server, bitcoin is very expensive because it is decentralized. if banks cannot afford these people then i am sceptical that bitcoin or the lightening network can
is the banking system still that shit in the us lol
i understand but you do not. bitcoin is a currency in evrry country. it is official in elsalvador. but being a currency doesen't maker it equal to money. regardless if it is official, it has no real value behind it that backes it up, execpt the value people wqnt it to have. that is my point. one day it is worth 1k, the other it is worth 100k. you have not understood my comment. every crypto currency is by your definition "money". but by that, literqlly everything in existance is money. if it is officla doesen't make a difference. besides, you completely missed the point of my comment in the first place. you cannot teach about stuff you do not understand.
you kind of forgot to mention that yes it is worldwide - and it is not like chinese shitcoin will suddenly be free from their capital regulation laws.
if you put it into constitution you cant change it that easily either. whole country level consensus will be needed, (similar to btc)
sorry, what l1 would that be with an agreed upon relatively stable value, but virtually no transaction fee? there should be open competition (decentralization) among l2s. l2s may provide some value add, like resolvability and assurance. for now we have strike in el salvador. it is a start.
the gov will swap btc to usd for the people if they want. today you get paid the 10 bread loaf value in btc, immediately swap to usd and tomorrow you have the usd to buy 9 loaves vs the 30 loaves of your kept the btc ;)
you are correct with your assumption and it is a huge issue with bitcoin.
umm you would have enough to buy 20. wtf
\*\* disclaimer \*\* i do have some long positions on loaves of bread that i'm shorting daily. i'm trading about 2 loaves of bread per week. based on my pnl, it is a really bad investment - especially over the week-ends. i keep losing slices on a daily basis. always do your own due diligence before investing in whatever. \*\* \*\*\*\*\*\*\*\*\* \*\* ' btc price volatility is similar to the one that you get at the gas station - far away of the 50%\~100% dips. ' also, i'm usually using my day-to-day account (passive assets) to meet my daily expenses. ' my savings(active assets) are in seperate accounts that cannot be easily accessed. so i'm not even considering it when it comes to grocery. ' anyways, a way to mitigate your fear of losing value (which is not really an issue for unbanked peeps) would be to get paid on a shorter timeframe. and stop looking at your investments if you cannot handle price swings! ' with that said, i would encourage you to avoid buying 10 loaves of bread at a time. just buy what you need for a 2\~3 days timeframe. avoid the bread fomo! ooh! while you are there, do not forget to buy the dip for the nachos.
they probably write prices in usd on all items, but then when you pay at the cashier you can pay with your btc. if the bread costs 2usd, you just pay 0.000057 or whatever the exchange is at that moment. since they are using an app to pay it just shows the exchange rate in real time.
taking advantage of the poor and uneducated…
no it is not. they quote a price. you pay said price. btc is property. if you choose to buy a car without finding the best deal that is on you. cash btc atms and markups are the privacy tax you pay. i'm not saying it is right, it just is.
there is transaction cost for most investment items. even buying gold bar or nuggets , retail users like us pay at least 30% more than spot price.
why do exchanges allow you to set the price you're selling your bitcoin at then? and who's to say it is not a fair market value considering that there sometimes is a huge spread across exchanges?
that’s how i use it!
your points are accurate however i think you may be confusing central banking with commercial banking. both are evil, but one is more evil than the other (and not for the reasons you've listed).
it’s permission-less, in rich countries it’s decried because it could help criminals to facilitate transactions that might not be possible via the banking system. in poor countries it takes a entire different meaning. it’s a double edged sword, like all freedoms are. freedom of speech, freedom of movement, right to vote. all of them have been problematic at certain points, doesn’t mean we should get rid of them.
i am aware of that. but there are different kinds of regulation. if today’s society **requires** bank accounts, then it’s reasonable to make being banked a right instead of a privilege. im not saying what el salvador does isn’t better, i’m saying banks, which are **very** privileged business compared to lemonade stands for example, abusing their power is a political problem too. if the state gives powers(creating new money), hinders the free market(creating new different banks is impossible) and then built infrastructure on top of that system(paying of social security, pensions etc) he has a responsibility to ensure the rules are made in a way that no one is left out.
great. does it operate in el salvador?
dunno mate, ask them. or do you not believe it? if i were to guess, usual the number one reason for any business is profit, or lack thereof
what do you mean by infrastructure?
bitcoin only goes down 50% after going up 150% shortly before. it's the nature of free markets, and what will keep happening also druing this second decade march towards the moon.
oh yeah i believe they will both be around for a long time though. i do not think there will be a replacement
go ahead, open a bank if you think it’s cheap, steal their thunder. lightning is ridiculously cheap. i can run a lightning node servicing thousands of people on a .
lol. do you own bitcoin? if not do you own crypto? bitcoin is money in every sense, divisible, fungible, transferable etc. it has value, currently around . make a point.
well if you know that the dollar was backed by gold during the early 1900's, you could say that the dollar was hard capped to the amount of gold. it even said it on the dollar, that is pretty constitutional if you ask me. but when the going got though, the usa decided to leave the gold standard and start to inflate away. you're wrong if you think that the whole country has to agree before the government can change something. you do not really have a say. the government does not ask your permission when it wants to raise taxes, or create new money.
the us had a gold. we all know how that ended.
even if the limit wasn’t changeable - you still have the problem that a cbdc can be programmed at the will of government. auto taxes, spend it or lose it, easier traceability, penalties for social credit scoring (see china), et cetera. giving government control of money is maybe ok if the leaders are good, but if a few bad seeds get the power then that’s scary and you usually can’t get freedoms back without a lot of fuss.
isn't strike just running on lightning? i'd bet any tech savvy el savaldorans can just go from strike to btc directly if they want.
the fees can be as high as , a months wages let alone savings. why promote such a system to the poor?
that's not how it works though because the usd price is not changing. and since bitcoin is so volatile it can change drastically within a few hours, so it is not really possible to swap back and forth in anticipation. it's safe to always hold in usd and only swap to btc at point of purchase, which kinda defeats the point of using btc as a currency.
so you're saying that bitcoin cannot be used as a store of value.
so, they can lie about the value, and because you didn’t do dd it’s ok? edit: i find it interesting that a person can’t even ask some simple questions here without some ass downvoting. bring it on, i’ve got karma to burn!
those are scam prices. i can buy 1 oz gold eagles for about 8% over spot and sell for around +3%, if i was making a large investment in gold i would buy a kilo bar or 10 oz bars which have 1%-1.5% spreads for dealers. still worse than the fees for btc
there is a first atm for gold nuggets btw!
i really hate how money laundering is at the forefront of why the government is against it. i'm sure they have better resources to catch money laundering with btc with it is transparency criminals cannot escape being tracked. so i'm always confused why they trip so damn much over one of the greatest gift to man kind.
might not be possible? weren’t there more than a few major banking institutions found guilty of working with the sinaloa cartel?
as if paper currency is not still the primary method of money laundering?
i believe it, unbanked people are a real thing. but i just do not know what's the reason. if you can take their money, then why not. i'm not lazy, i went to wikipedia, and there are these reasons: >some reasons a person might not have a bank account include: > >lack of access via a nearby bank branch or mobile phone > >minimum balance fees > >distrust of the banking system > >no access to government-issued id, which is required to open a bank account the first two would be a problem with bitcoin too, if you have no internet or mobile phone, bitcoin is no option. there are fees on bitcoin too. distrust of the banking system is our target audience from the start. no access to id is also a good use-case for bitcoin.
they still know the real fiat value of it. if they just decide to not care about it and make their own prices stick, some people with actual money in the area would benefit greatly via arbitrage and in a long run balance the buying power of the btc to its correct level.
i made a point. but you do not. value, money, currency. all these things are separate things. also, the value of money and a currency is not the same. the importance of value depends on from what itis created.
thank you for your comment, i posted it as a new post in r.
re-reading comments after reddit outage last night, your first paragraph absolutely nailed it for me. i'm more confident with my modest btc investment now. as for my "consensus" requirement, btc cap will never be increased by "consensus", but there is a non-negligible possibility for a nation to defend their interests and change the rules of the game. ok then, btc all the way!
yes sir. in the latest fox business interview, jack nallers, strike ceo, says exactly this. it is all based on an open decentralized monetary network, anyone can use an app of their liking.
strike has no agreement with the government or anything, any other business with lightning capabilities can jump in there and duke it out if they want.
> the fees can be as high as making shit up.
a) it was a joke. b) i think you are missing the point a bit. third world and developing countries have turned to the usd because they trust the us gov more than their own which can change at the drop of a hat. that trust is failing after the us gov and fed are turning to inflation to solve an economic crisis. so what do they do? they can make their own currency again the sole medium of exchange, but then the next regime comes along and destroys it. having btc as your second currency is a check on the usd. you have control over neither, but having the option of another form of reserve give flexibility. other than merchants having to accept btc as payment if desired by the customer, not much will change for them. the gov issued wallets will immediately convert to usd if they wish. in reality, i suspect that most will continue to use usd for transactions and only btc for bill payments and maybe larger transactions. you are right, i suspect, that there will be many speed bumps along the way. but i don’t see this as bad for crypto.
they’re using bitcoin as a network instead of bitcoin as an asset.
i was thinking that too
in a hourly basis, no. or at least it’s not as good as usd on that time frame.
if the price was always automatically adjusting, then it’s not really priced in bitcoin, right? i fully support bitcoin, but even i realize that it can’t be the day to day unit of measure yet because so many other prices are set in dollars, and bitcoin is volatile compared to dollars.
also worth noting that if a majority of items were priced in bitcoin, the value of bitcoin would likely be less volatile than it is now. being “priced” in terms of thousands of goods and services creates ubiquitous liquidity for bitcoin. that helps the value smooth out.
i think the work around for that would be to have e-ink price stickers that connect to the exchange and adjust price automatically or have a qr code links to website that shows the price real time. but, yea, like u.
> just curious, if the dollar was not the price to be anchored to (of which the price of btc adjusts to based on its current value), then how would that work? that does not work righht now. bitcoin is simply too volatile against the euro and dollar. in a few decades maybe. then you earn 100.000 bitcoin per hour and pay 1000 sats for a bread for example. but this process will take a long time.
how are they lying about quoted value??? they quote a price. you agree to the terms and conditions and buy it at that price. there is no centralized btc price. that's why bots arbitrage across exchanges. sometimes price between coinbase and bitfinex, for example, deviate by more than 100 bucks... what's the price? for those buying on cb it is 1 price, those on bitfinex its another.
it's their bitcoin so they can sell it for whatever they want. it's no different than meeting a random person on the internet agreeing upon a price to purchase their bitcoin for. the prices literally always fluid in changing anyhow.
money laundering is a catch all for not doing basic detective work. there's no reason to suck banks into the world of doing the police's and courts jobs for them. banks enjoy it, because it helps them be at the elbows of the politically powerful as useful tools, then they return the favors with revolving door jobs in both directions.
because the banking system would lose control of you. that’s why the government does not like it. the governments owners don’t like it.
they forgot the most important reason lol being a criminal
it's created with electricity. that's what gives it real world cost value and then it has monetary premium value on top of that by what the market is willing to value it at. that's the same as any currency. make a point. or stfu.
that's the way to learn, by asking questions! !lntip 500
paid , why so much?
you been in btc since 12 but only a redditor for 5 weeks? that is oddly backwards, but thanks for your valid comment. cheers.
the usd inflation thing is being massively overblown. national economies do that from time to time, during a time of crisis it hold the economy together. other countries using usd are not heavily affected by a few % inflation. and compared to btc, it is nothing. btc lost half of its value in a couple of weeks. that's insane and if el salvador were already on board before that crash their economy would have been crushed. yeah, i expect much like the bitcoin beach, not many people will really use it. more than half the country has no internet access so it is not really feasible in most places. what i do see happening though is their government using it as a way to extract usd from the economy. if the economy of el salvador fails going forward then regardless of whether or not it is related to btc adoption will be irrelevant, the sentiment will be that they adopted crypto then their economy failed. that's bad for crypto.
yeah, which makes zero sense. it's still centralized because strike is using a private lightning network, so they are not doing anything that could not be done by any other payment processing provider. it's a new company with limited experience using a network that is still effectively in beta, offering no protection or insurance against scams while the country buys into crypto on a national level with the hope that the price does not go down to much. honestly, it is a recipe for thisaster and it likely to end up reflecting badly on crypto in the long run.
what about monthly? yearly? it is dropped 50% since april. it rose from 10k to 64k in 7 months. if you promised to pay someone in the future for goods you bought today you'd be screwed if you told them you'd pay 1 bitcoin. upwards volatility is just as problematic as downwards.
this never occurred to me, interesting
there are use cases where this is not a problem, ie remittances. its not going to change the value so much in an hour or a savings account you do not touch until retirement.
i understand that, but 100 isn’t 2000. another commenter explained very succinctly. when i look at bitcoin as property instead of currency it takes on a different aspect. i understand a person selling a car for 2000 more than it’s worth, and someone not realizing it, and buying it. just have to educate themselves.
if they say the current market price is higher than it really is, then it indeed is fraud. if i sell you a car for 10000, while in fact a new one costs 9000, then it is fraud. wikipedia cites the elements of fraud as: "the requisite elements of fraud as a tort generally are the intentional misrepresentation or concealment of an important fact upon which the victim is meant to rely, and in fact does rely, to the harm of the victim." the current market price is such a fact.
i understand that. i guess the people just have to know what the actual price is before they buy, or just bite the bullet at the higher cost.
every currency is created with electricity nowdays. and no i would not shut up. no need to be so rude without reason. typical. if you do not know what to say, insult the others. but you always have the choice to just not reply.
thank you very much! this was my first tip!
overblown? your opinion, but i thisagree. the effects of the monetary policy of the last 18 months will be felt for quite some time. currency inflation is a tax on the poor, and who is poorer than el salvador? also, they don’t even get the benefit of the printed money which caused the inflation which they will pay. there are no stimulus checks sent to salvadorans, no free covid care, no eviction moratoriums, no unemployment benefits, no infrastructure spending. what is overblown is the btc volatility. yes, it went down 50% in a few weeks. but that was only after going up 100% in a few weeks two months before. also, btc volatility has been dropping. last summer, the volatility of btc was lower than the brazilian real for periods (less than 2%). eventually, if btc takes root as the base currency where everything is priced in btc, then its volatility within that economy will drop significantly due to “sticky” price effects.
any lightning wallet will work. the bitcoin beach wallet is t strike and they’re processing tons of payments.
well, if you are promising to give it back after borrowing it then you aren’t using it as a store of value are you?
the “*actual price*” is whatever price someone is willing to buy, and sell it for. if i wanted to sell you a btc for only ,000 you wouldn’t have a problem with it, would you? it’s the same concept, but marked up instead.
the poor, in a developing country, do absolutely care about 2 bucks. get off your entitled high horse. have you actually ever been to impoverished countries??
yes, overblown. the same as in 2008 where people were frothing at the mouth about how terrible it was to print money, then 99% of people saw no noticeable difference in their day to day lives. for most people currency inflation comes hand in hand with salary inflation so most people really do not notice. not to mention that this time round they are printing money to pay for hand outs to individuals. in places like el salvador they are generally both paying and pricing in usd and so 1 usd continues to equal 1 usd. it only affects things further up the supply chains which trickle down at a much more glacial pace. additionally, btc does not fix that since everything is still priced in usd. if things were priced in btc it would be even worse since btc inflation over the last month or so is 50%, vastly more than usd inflation. you do understand that btc going up in price is also a bad thing for an economy, right? like when you buy something on credit then suddenly owe twice as much as you originally wanted to pay, that is not a good thing. deflationary currencies are in fact worse for economies than inflationary ones because they encourage people to stop spending when times get tough, which is the opposite to what you need to help an economy though hard times. and no btc volatility has not been dropping. it's only dropping if you zoom to specific timelines. overall volatility is creeping up since 2019.
any lightning wallet should work, sure, but that does not change the fact that strike is using a private internal lightning network to process payments. strike wallets are custodial and channels controlled by them internally. don;t get me wrong, a private lightning network is pretty much the only way to go considering how many flaws have been thiscovered in lightning. they've still not nailed down a fix to the flood and loot vulnerabilities. bitcoin beach is being heavily exaggerated just fyi. between investment risk, cost of tech, most places are still reliant on cash. it's kinda like those adoption maps sites that claim huge number of merchants are adopting it but when you check about 90% of them are false reports of adoption, it is just hype from people hoping they can drive adoption by claiming it is already adopted.
the problem is people think of it as a currency, when it is an asset, like gold or silver.
you’re getting into monetary theory and i 100% thisagree with your take. yes, by inflating your currency you pull demand from the future into the present which “boosts” economic activity but you have not created anything, you’ve only spent future earnings today. you pay the piper at some point and you get another downturn up the road—maybe worse. yes, someone’s wage might increase along with general inflation, but house prices, education and healthcare costs increase at a much larger pace. this traps lower class people in the lower class. the “printing” of 2008 onward wasn’t actual money printing as the money “printed” money was just reserves created and traded to banks only for mortgage securities and government bonds. it just locked money into the financial markets such as stocks and housing loans. it didn’t lead to broad inflation. today we have record stock prices and housing prices…coincidence? go back and look at the 1921 depression. was the last downturn that the government didn’t intervene. was also the worst downturn in history. economy recovered in less than a year, and then the roaring 20s. deflationary periods are fine. holding currency during a downturn is fine as well. i suggest reading “the price of tomorrow “ by jeff booth. he argues that deflation is both normal and expected with tech gains and efficiencies.
thanks for the thoughtful response!
ok? if i wanted to trade you euros for my yen, then i could definitely decide and we could agree on an exchange rate, just like a customer does with a bitcoin atm
you're wrong though. when you take purchasing power of the dollar and you adjust that for salary inflation the purchasing power remains largely static. i mean think about it, what you're saying is that people on average must be worse of now than they were 100 years ago which is clearly not the case. bear in mind you're supporting a system that you believe helps the poorest people, but that requires a smartphone and the internet, so you therefore must believe that even the poorest people are well off enough to afford luxury items like smartphones. the printing of money following the 2008 crisis still had the same effect, in fact i do not think the us has broken the record set for inflation that year during covid, which is a far wider reaching crisis. why would i read it? the guy is an idiot. anyone can write a book that does not mean they know what they are talking about. i'm sure it is popular among younger crypto fans though since all they want is to buy crypto, do nothing and magically be richer. in reality that simply is not possible at a grander scale. you cannot have 7 billion people sitting around doing nothing and getting richer for it.
by what metric is the pp of usd static. the median home price is nearly 3x what it was in 2000. health insurance 2x. college tuition 2.5x. wages up only 60% since then. we should expect deflation. farmers now grow much more food on the same land than 20 years ago. manufacturing is much more efficient. we have automation, thistance learning and commuting, etc. lots of deflationary pressures all around. these aren’t bad things. the 2008 inflation numbers is yoy. so yeah if you have a massive deflation as a panic sets in and then people start spending again, you will have a high inflation number. smart people seek out counter arguments. that’s why you should read the book. he’s a successful entrepreneur and he lays out a counter point to inflationary economics. take it at face value, but if you just want to read things that support your own opinions go ahead.
it's measured over a range of things to cover living costs overall. the people at the bottom do not have to work significantly harder to maintain their lifestyle than they did x years ago. they grow more food but then more food is needed and other needs also grow over time too, particularly as people become accustomed to more luxuries. if you look at overall worth, then sure, as tech and time improves then the overall worth of everything a person owns goes up over time, but that does not mean we should expect currency deflation. currency deflation generally leads to a lack of demand which in turn leads to a lack of productivity. we're vastly more likely (and better off) to see a reduction in the amount of hours required to achieve the same salary over time rather than the adoption of deflationary currencies. weirdly deflation is often cited as something that will help poorer people, but how does the ability to have money generate additional wealth help poorer people when people usually do not have money in the first place? the average crypto investor is a 38 year old middle class white male, and that is who is helped by deflation. people who have some money but are too lazy to actually use it to create anything that would generate returns. i do seek out counter arguments, hence our thiscussion here, but i do not think people who run a half-successful business then declare themselves to be visionaries are worth the time and effort.
well, btc isn’t deflationary first of all. it’s growing to a maximum supply. that’s sort of the point, isn’t it? that no one can mess with the actual supply of the currency. so any price movement is based on demand only. the hypothesis is that we don’t need central government to manage your medium of exchange. you can argue that we do, and that’s your opinion but for me history tells a different story. we don’t expect currency deflation, nor am i advocating currency deflation through supply manipulation…but we should expect deflation in nominal terms if productivity goes up faster than demand. current demographics—aged boomers spending less, low birth rate world wide, globalization, automation, technology, etc. are all deflationary pressures. and there’s nothing wrong with that. deflation and inflation are lagging indicators. they tell you what’s happened, not what’s wrong or right—good or bad. just because you see a fire truck at every burned down house, doesn’t mean you fight fires by destroying all the fire trucks. i won’t get into the cpi too much, but look at how it’s been changed over the years from a “constant standard of living” index to a “constant level of satisfaction” index allowing for convenient substitutions. they use the “predicted rent” as housing cost vs the actual cost of ownership of a home even though 2. they lower the prices of goods. for example when gasoline prices increased due to additives, the cost was not included since it was seen as additional quality even though the consumer could not opt out of it. however the opposite rarely happens. for example when air travel became worse (more time consuming) due to the added 911 restrictions, there was no increase in the prices due to the lower quality.
well, noone except the developers who absolutely can mess with the total supply. also, since coins are lost to unowned wallets and as people who own wallets die without passing on keys, the available quantity reduces so it is certainly deflationary. last study i saw said 20% of all btc minted is lost already. history shows us that bad things happen and nations need ways to guide their economy. national currencies give a way for that to happen. even if countries all most to crypto they will likely move to cbdcs they control. the problem is that deflation tends to drive down demand and that can cause an economic death spiral. automation does not just drive up production either it drives down price so the amount of economic value being added by that production reduces. rent is a better measure as most people do not buy their house outright and due to the long mortgage lengths rent is often higher than mortgages so it looks at a more realistic cost of living. i'd not expect an increase in price for flying since the cost of air travel has been continually dropping for decades.
1) no, the developers cannot do anything without the majority of miners and nodes going along with it. we’ve seen time and time again the miners resisting any change to the network. 2) i struggle to think of situations where monetary policy has clearly solved any problem. maybe it lessens the immediate pain at the expense of a long drawn out bleed, but i and many will argue that it creates a lot of unintended consequences along the way and the price is paid in full at some point. 3) deflation doesn’t cause lower demand it is the result of lower demand. the housing market collapse of 2008, wasn’t due to deflation it was a cause of massive deflation. while it’s true that if people think their money will be worth more tomorrow they may forego some spending today, that’s also true for anything and in reverse. today, people think their houses will be worth more next month bc of inflation expectations so they aren’t selling. why is this any better for an economy? it’s not. lots of articles coming out showing the housing market rise is a drag on the economy. loose monetary policy to fight the evil deflation has thisincentivized savings so much that half of american’s couldn’t handle an unexpected expense of .
whether it is difficult or not, it is still ultimately under the control of the developers. they'd likely just need to incentivize miners going for it. we've seen in the past that many miners just go along with it, like the rollback to 0.7 only required a single mining group to swap sides to sway consensus. of course, you seem ideologically opposed to monetary policy so of course you're going to thismiss any instance of monetary policy being used to prop up the economy. i'd say both 2008 and the last year are prime examples. it's both.deflation thiscourages spending which reduces demand, that is why it can lead to a downward spiral. americans being too dumb to save has nothing to do with monetary policy.
sure it’s possible, and that’s a risk which every investor. but it’s unlikely the miners would do anything to hurt the stability or value of the network since they have so much at stake. 0.7 was 8 years ago. the amount of investment in the network is so much greater (100x or more). but, i do get your point and it’s a risk. doesn’t mean it’s worse than the alternative of relying on 7 political appointees deciding the fate of your currency—especially for a country like el salvador. i am opposed to monetary action because of its failings, not the other way around. it was monetary policy that created conditions for 2008 in the first place. i’d also argue that for 2020 as well. market was already inflated bc of loose monetary policy. just look at what happened to markets when the fed tried to taper qe in 2013 or raise rates in 2018. covid just popped the bubble until jpow and co rushed in with his air pump. now we at a record high despite poor corp outlooks, increased debt, and still high unemployment. only took , what’s it gonna take for the next iteration? why is decreased spending seen as bad? people buy what they need. that’s just a market. it’s not the governments role (my opinion) to drive those wants and needs. if people don’t have a job bc of covid shouldn’t they stop buying stuff they don’t need? downward spiral? sure. that’s how things unwind. but once it gets unwound you bounce back. that’s why i pointed to the depression of 1920. little intervention and relatively quick recovery. we’ve had negative real interest rates for most of the last 20 years. how can you say this has no effect on personal savings? the whole reason for low rates is to encourage borrowing (spending) not saving which, as you admit, is seen as a good thing. it’s 100% clear this is the intent of the fed keeping rates low.
it was not really monetary policy that created the conditions for 2008, and certainly not for 2020 as a pandemic is certainly outside of monetary policy. in 2008 it was financial institutions and traders manufacturing profit on top of effectively nothing. amusingly btc is doing exactly the same. every time btc price fall tether prints more usdt and pumps the btc price. usdt is then backed by a combination of nothing and questionable ious from unknown companies. much like the 2008 crisis, when usdt finally starts to crack people will realize that much of the value of btc is built on empty promises and it will all come tumbling down. decreased spending is bad for the economy because if companies are not able to trade then they do not build the profits which ultimately build the economy. a lot of businesses rely on production of things that are luxuries rather than necessities and those companies struggle when people cut spending. deflation does not just reduce spending of the jobless, it reduces spending across the economy. because it does not. most people saving at lower levels do not really consider the interest rate. people do not save because they are not taught how to manage their finances and spend all of their cash, not because they are put off saving because of interest rates. of course that is the intent. ultimately they want to economy to grow and that requires economic activity.
it wasn’t just monetary policy, but depressed interest rates for the mid 2000s led to a lot of cash seeking returns. when mbs promised low risk returns that’s where it went and then you have a bubble. the fed wasn’t designed to encourage growth, it was designed to fight inflation. the tools it has are not good for encouraging growth. for that, you need fiscal policy. loose monetary policy only grows certain markets, not the economy like people think. but because fed action doesn’t require an act of congress, that’s what the government relies on. no, the fed didn’t create covid. but do some reading about conditions before covid—many analysts were expecting a recession soon anyway. not sure your point on tether—they issue more tokens bc people are swapping their btc and other assets for the tether, right? what does that have to do with btc—serious question, not an argument. savings rate is 1) reflection of stage of life—those nearing retirement save more; 2) thistance from a crises—people save more during a crises for obvious reason; and 3) roi. while isn’t the sole driver, it is a factor. if you could get 5% on a cd like you could 20 years ago, you’d see a higher savings rate. just my opinion, but the government should not be driving people’s spending habits. if people don’t want to buy cars anymore, that’s bad for the economy, but why is that the key driver of policy. people will figure it out. we can’t rush in with bags of printed money every time any business is about to go broke bc they aren’t strong enough to weather a 3 month storm.
a recession is vastly different from printing cash at the rate they have had to for covid. tether (run by the same people who run bitfinex) prints money which then gets traded for btc. that does not mean the money actually exists anywhere. the reason 1usdt has a value of 1usd is that tether promises to pay that if it is redeemed, so exchanges treat it as if it has that value. whenever btc falls in value the tether printer starts up again, manufacturing usdt to trade for btc to push the price back up without actually feeding any real money into the market. look at the money flow from[ to see just how much trade is reliant on the existence of usdt, and when you really think about it all that is happening is a questionable token printed by a dodgy company is being used to create most of the btc trade volume. at some point there will be a sell off and people will start seeking to redeem their usdt and realize that there is nowhere near enough money to back it and it will drop like titan. there's a research paper on it happening in 2017 [here]( unless the returns are massive really does not come into play. to people on the poor end 5% of nearly nothing if you hold your nearly nothing for an entire year is not appealing. the governments responsibility is to keep things running. if the economy crashes then millions of people lose their jobs and the government just says "the economy is not our problem" that is really not going to fly. and to be honest, most of the time i see this rhetoric it comes from middle class white guys that have never and will never be under any seriously dire economic stress, so it is easy to say the government should not step in.
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reality: hold on dad i’m yelling hodl on reddit at every dip
lol first monitor is in twitter and the 2nd is in thiscord
so f’n true. bitcoin also helped in the demise of my first marriage
people actually think like this.
gamers get bitcoin because most of their things got devalued by bad code
reminds me of my old man…...
i wish my kids or grandkids could give me a technical answer about something. all i get is huh? lol
i’m not your friend, pal.
so the son is in fact winning.
im not sure that posting ‘hodl diamond hands laser eyes !!!!!!! etc’ counts as re-architecting the global financial infrastructure.
> thiscord ya okay…. fucking what?
congrats. you got 3200 upvotes. feel good and spend it wisely.
... by being on twitter and thiscord? more like by giving btc a mlm vibe
it's a fascinating time that we find ourselves in, with computer scientists and plebs dictating the future of global financial systems, while the economist and bankers sit behind their computers yelling at us... 🧐
is this the case with the majority of btc in relatively few hands?
you are all so naive. your . bitcoin empowers ~~people~~ big businesses and billionaires
congrats, you won the internet today
narrator: but he wasn’t.
and yet, most btc are held by the elite
man this is such an underrated meme, good job bro 😂
i thought bitcoin was just a traceable store of value? how does it going to empower the people by re-architechting the global financial structure? i hope it is not with that lightning network that is destined for centralized hubs and custodial wallets.
bitcoin is pretty centralized and no it is not anonymous… started off great turned into a shit show real quick
till this sub censors u
lol i got a shitty chrome book and feel like a dinosaur every time i see people with fancy keyboards and 2 or more monitors.
bitcoin is the future fait
is he on stake.com? lmao gambling meta all day.
the rgb is what did it for me. 🤣
wait… just need to click these airdrops with all my alts dad.
that's to make yourself sound like you're changing the world but the truth so many kids are 100% fomo or fud or even lazy do dyor ! i am looking into different projects at times and some of the comments i see are so shocking from not even complete noobs but just sheer stupidity of some investors. the idea is to be responsible and stay well informed ! if anybody will actually be seeing this comment and replying i will kindly award you for your vigilance and for reading the whole thing ! stay hungry, stay foolish just as a young man once said...
dis a defi meme wat da heck
what’s on the right monitor
😂😂😂😂😂 why is this so hilarious??
this better be on simplybitcoin 😅😂😅
hold on dad, your friends are trying to convince me to buy bitcoin so they can retire leaving me holding the bag.
strike's founder. how do one not feeling inspired?
wait, is that screen showing thiscord? am i right?
me everytime checking balance on ownr wallet
reality: hodl on dad. when i called the bitcoin customer care, they said to hodl.
this sub is so cringe-worthy, and it is always amusing to see individuals lose their calm and hope fade from their eyes as their precious coin plummets and they lose their home. people, in my opinion, just require a well-thought-out strategy that works for them.
i've become anti-establishment and pro-bitcoin
‘hey dad i’m putting in ’m a revolutionary’
i do not care about a dip, that is when i buy an a long time holder, it always bounces back an higher each time
nft tech is a platform that pairs the creation and trading of nfts with a liquid matching engine. it will include historical data from orion protocol to set minimum market prices to help smoothen the selling process for artists. that oracle solution will be the first deployed to the nft marketplace, providing price history, trading volume, and other information about valuable pieces.
this sub is so cringe and it’s always funny to see people absolutely losing their cool and hope fading from their eyes when their beloved coin takes a dip and they’ve lost their house lol, but no actually this is ducked up don’t gamble what you don’t have it’s just sad. seriously. being homeless and unstable ain’t fuckin cool. i wanna edit this comment cause it came across as so brash rightfully so. but if ya struggling to survive don’t turn to crypto it’s not a miracle machine. dm me and i can give you tips on how to survive out of your car
"hold on dad, i'm in the middle of posting my 120th btc-meme today."
and "buy the dip apes!"
i thought second was pronhub, cannot imagine his thiscussions there
they like to pretend we're still 10 years ago and most corporate entities and 0.01%ers do not already hold most of the coins and most mining is centralised.
i'm not your pal, mate.
10 to 100 times more equal thistribution than global wealth.
[the 3 richest americans hold more wealth than bottom 50% of the country, study finds]( probably higher than 50 now.
you’re just still poor lol there’s plenty of us on here that have a couple more zeros than that
big businesses and billionaires already have the exact economy they want.
it was funnier the first time it was posted and then the op stole it and changed the words to be less funny
i do not know. hold on, let me ask to some friends in el salvador.
jokes on you i don’t even have a house (homeles)
stick to ketamine pal
i think people just need a solid plan that fits their life. ive recently made a plan to hold until at least the next halving, takes a lot of the stress off.
damn idk where you’re looking on this sub but i have yet to see hope fading from peoples eyes as they lose their homes. sounds gnarly.
it’s always funny to see people comment on something they know absolutely nothing about lol watched my portfolio drop 80%, everyone panicked, bought some more, came back up, bought a house, next ath will be at the end of the year, gunna buy another house, maybe a gt-r ¯\_(ツ)_/¯
bro shut up you on reddit every hour loser lol
yer mom is so cringe
i need my house back, i was expecting a bigger house but now give me my house back
what a piece of shit you are
that was more true in 2017, and the bitcoin market rejected the corporate.
uh... the largest bitcoin wallets (other than exchange cold wallets) are either from over 8 years ago or are completely dormant. they're not megacorps. do your research before posting blatant lies.
“people have bought so it’s too late for me to buy” fud fud fud fud fud fud fud fud fud keep fudding, mother fudder
i’m not your mate, unless you’re interested
what an astounding estimation.
48% known to be held by whales currently. we're still very early so i feel like we're on par for another 90% 10% type split here
gates and zuckerberg are tech nerds, evidently it does not make us better people.
your wanna know what *does* affect the market? corporations and their you're a nobody. everyone on this subreddit is a nobody. to think that you actually cause any difference in the market is farcical
el salvador am not a good example of anything with bitcoin. us cities have bigger populations than them.
thanks for the clarification
jokes on you, i do not have my one kidney and one lung. those dips were tempting and i was out of money
your username gives me anxiety lol it’s so perfect
i need some ket
it’s a good medicine for my ptsd
i would wait till the next ath, not the next halving. if you look at where bitcoin is compared to it’s last widely publicized bull run, it’s still in the green. the roi bands for those who invest long term are fairly substantial. i’ve been holding since 2017 and i can confirm i’m still very much in the green.
check the bitcoin bull run dip of 2017 and the more recent one too. posts about people committing suicide and losing homes losing everything
can’t lose something we never had. it’s almost like that fact is driving the evolution of human currency exchange. we want homes. we have never been allowed into the institution, which is not really sane as a social organism. everyone should feel belonging. this is the meaning of a shelter. currency is abstraction. the valuable object .
don't sell your house to buy bitcoin, you cannot live in bitcoin and you cannot eat bitcoin
buy the "fear" sell the "greed".
sometimes people at the casino make some wins, sometimes they lose everything. same shit, it’s gambling. period.
so, entire countries are looking to use bitcoin and you honestly believe people who have secret retreats, who own 60% of the entire planets wealth, who actively look for ways to increase and hoard more wealth. havent hoarded large amounts of the biggest returning financial machine in the last century?
you keep thinking billionaires are dumb enough to have single cold wallets holding their weath. i'm sure you believe they hold all their fiat in single savings accounts as well.
when was there fear uncertainty or doubt in my post?
i have plenty of mates thanks bro. i find it hard enough to keep in contact with them all. but thanks for asking. peace.
astronomers frequently are off by 3 orders of magnitude so if i am saying 1-2 it is quite a lot better.
if you classify an exchange as a whale that holds for millions of users. so clearly not as you portray.
of course not, but why would i want to affect the market? it’s running exactly how it’s supposed to, can easily continue multiplying value. lmao who wants to be somebody!? 😂 i’m still making the same money moves as these billionaires without all the publicity, i don’t make a difference in the market, i make a difference in my lifestyle. enjoy being part of the working class till death.
so what do you suggest?
no problem fello coinbiter
severe anxiety thisorder type beat
see thats the real reason im losing money in crypto :p
here in this subreddit since 2015 dawg. the consistent message that i've seen from anyone that has spent any time here is do not commit more funds to bitcoin than you can afford to lose. edit: the one i try to append is "do not buy something you do not understand". people should not be buying bitcoin until they understand key management. because doing that stuff securely is hard, even for technical people. if you do not know how to secure your bitcoin, you should not be buying bitcoin.
well yeah, you’re betting on the future which is impossible to know for certain but you can always research the probability. that’s why statistics were created.
yes, and i would have agreed with this even more in 2017! my point is that they cannot easily change the rules (like they tried to then) to make themselves even richer, as they have done with "representative" democracy.
who cares? you're going to miss out on the opportunity of a lifetime just because someone richer than you made their moves before you? what kind of logic is that?
it's standard practice to have a single secure wallet for bitcoin cold storage. you know, the practice used by... i do not know, coinbase, binance, huobi, the list goes on. i know you boomers love your bank accounts but tradfi is very different from the new age.
the meme in question states that ordinary people are reshaping the financial landscape in the form of crypto. this is simply untrue. my initial comment pointed this out. you replied to me saying that "plenty of people on the subreddit have more 0s than that" - this implies that you believe your money is making a difference, when in reality it is not.
use a coin that actually empowers the masses
hey man how you feeling today?
check the news around 2008. oh that is right those guys did not lose anything, we did. and if you only learn to hodl.
doesn't really matter to them though does it? the higher price and the bigger volatility in the market the bigger their collection of coins will get and the bigger control they will have. they do not need to change the rules if they own 60% of circulating coins.
yes, because billionaires who shuffle hundreds of millions around global bank accounts operate under the same legal restrictions and responsibilities as a corporate entity. go take your bullshit elsewhere. also,.cool story bro. maybe if i had not been in crypto since 2013.
i've been using bitcoin for a long time and i do this; it is a form of self-insurance in case one wallet gets hacked. institutions will just trust each other and buy regular insurance.
no, in economy the errors are not quantitative, but qualitative.
i just thought the dude on the computer was like vitalik buterin considering he’s so young that was probably him as a teenager lol but ordinary do make up a huge part of the market, and some of the crypto billionaires were once ordinary middle class people believe it or not. why wouldn’t it make a difference? i guess you can say what i hold doesn’t make a difference but there’s so many people like me that just hold, and holding stores it’s value, why hasn’t bitcoin dropped below 30k despite the huge sell off? because people hold and they don’t want to sell. no, one person rarely ever makes a difference but multiple people with the same idea can.
> ~~use a coin~~ please buy my shitcoin ... ftfy
nah i’m feeling great. i’ve been through treatments over the years and it’s not as much of an issue anymore. i made this username bc i thought it was funny ngl. thank you for checking on me, wholesome reddit moment.
it matters to me because their percentage of the total economy will shrink, despite their overall wealth increasing. volatility is bad for everyone; trading is not an easy or reliable way to get more btc. we cannot design a coin that takes from the rich and gives to the poor. the best we can do is a coin that _does not_ take from the poor and give to the rich.
only 2013? ah young one, you have much to learn. there are no legal restrictions on how many wallets you should store your crypto in. i guess your education failed you there. but yeah, expected nothing less from a tradfi wagie
exactly, someone worth 50bn is not going to leave their multi bn investment in a single cold wallet. they will be using it in ways we cannot imagine to make returns. they probably play games with exchanges when they get bored with a few hundred thousand btc
yeah, you can hope that. that is not how it will work though. you think these people do not have million dollar hft running? don't have algorithmic long term tensor flow models? billionaires have more power and sway then people can comprehend. i've met them and see some of what they use for play money. nothing outside of global stripping of their resources will stop them claiming a majority share in anything that generates exceptional wealth. who do you think owns the hash power? nothing can be truly decentralised when if jim can do it with his intel then what is stop bob the billionaire from buying 1mn jim pc's and ip strafe across his 400 personal servers.
do you struggle with following a line of argument? you started with the biggest wallets are known, seconded with cold storage like corporations, and now you've admitted there is no limit legally or technically to the amount of wallets you can have. so again, why would the richest people on the face of the earth, with resources that you cannot comprehend, leave all their btc in single wallets that are easily found and watched like the wallets you yourself have previously mentioned.
well, _that_ i wouldn't recommend. 😋 but at least do not put all your eggs in one basket, even if all you want is eggs.
a few hundred thousand btc? okay…
> ~~great argument~~ i'm a shitcoin shill. ftfy
> you think these people do not have million dollar hft running? namecoin solved front running (the biggest problem with hft) on day one. the nice thing about crypto is that you're not forced to use institutions who offer select clients unfair privileges. keeping the benefits of miner co-location low was a big factor in that 2017 block size debate. >don't have algorithmic long term tensor flow models? is this a ta thing? if so, i'd argue that ta generally underperforms hodling. > nothing can be truly decentralised when if jim can do it with his intel then what is stop bob the billionaire from buying 1mn jim pc's and ip strafe across his 400 personal servers. this is pretty much what jihan wu did, he even took advantage of covert asicboost (which jim did not have yet). it was still sufficiently decentralized that wu's attempt was thwarted, likely losing him money. i think these mechanisms being demonstrated to the world is why btc bubbled immediately afterwards.
again, it is standard practice to have a single central main cold wallet. for both billionaires and exchanges. i happen to personally know two bitcoin billionaires personally and they do it the same way. sure, you can make up theories and fantasies about what rich people do with their money based on your tradfi knowledge, but that is simply not how it is done in crypto.
hahaha i'm sure some people do
yes, that is actually how much money they have to play with. normal people cannot comprehend it. they have more money then entire governments and people think they have just ignored btc and crypto when it is a perfect vessel for tax evasion and cross border transfers
similar to these models digitalik.net. again, people know how to defend against it. it's no different to any programming function. someone is able to probe for weakness. when you have ,000,000,000 you can comfortable pay 10 programmers to spend years working out effective strategies that normal people simply cannot trade against effectively.
sure you do, it is not so much a theory as a known fact. but you keep believing the highest earning investment with zero legal oversight on monopoly and easily transferred across borders is not being majority held by those who hold the majority of all global assets.
i have always agreed with the cbt aspect. this asset will be phenomenal for that, which is why i’m confused banks or large multinational corporations haven’t adopted it yet. must be short term volatility risk from a treasury group perspective.
i'm skeptical that _any_ ta exists which reliably outperforms hodling.
what if they put missile launchers on the outside of the plane? that would be convenient.
what movie es this!?
lol well it is a battlefield.
i just love how ridiculous the physics are. they completely leaned into the jank.
mans gonna have to fly his plane without a seat 😵
wait... so... the guy ejects out of his plane, which would mean the seat itself rocketed out and the entire cockpit destroyed... and the enemy plane just casually passes by the helpless plane without shooting it... and the guy rockets down the friendly chaser who just wanted to fly in formation?
i fucking love this shit.
if only the atv in the trailer was packed with explosives
anyone else getting a wall street bets vibe from this post?😂.
i just bought more of the dip!!
haha i just watched this yesterday it’s the new battlefield trailer 😂😂 good one thoe 👍
i'm so fucken hyped for the new battlefield
it actually went down.
bitcoin forever, bitcoin never sleep
i see dude hit the eject button to no scope mid air rocket launcher pwnage, i upvote. it’s that simple
i love it🤩😍💚😁🤙🏽 que tengan un grandioso fin de semana 🥰
i mean... this is definitely how btc fanboys see it. real world runs on real world physics tho.
wow. i'm definately not 15 years old anymore to enjoy that crappy action clip.
is this a bollywood movie?
i knew a meme would get made out of this commercial
lol when battlefield meets real life
dude!!! cannot wait until the new battlefield comes out...other "serious" note go to the moon and stay
why do you guys have to keep filming my shit? i’ve got work to do.
i did this today. and yesterday. and the day before... the hodling part... not the jet-theatrics part... but i'll try that too sometime. maybe. nah, never mind. i'll just hodl.
i jsut pre-ordered that game yesterday. i'm a long-time battlefield player.
no way back only 100k and beyond
used to do this shit on battlefield
seems like he went horizontally for a while
i've noticed, even with the least corrections years ago, once mainstream media on tv starts covering bitcoin, the drop comes soon. as soon as the media is tired of covering it being stagnant after the drop, a few months later, it rises from the ashes crazy fast again.
this is the best version of this meme
yall crack me up with the edits. so fucking funny.
onle al'diare knows what bitcoin and all the rest mean. the rest is nonsense
[ ' since people are taking the trailer too seriously, this is a comparison video on why the devs put this clip in the trailer.
lmfao... i love this gif but what crazy movie theatrics...
100 to 200 in one boost nice
what film is this?
most extra thing i’ve watched
if only media outlets weren't owned by billionaires
i am a huge bitcoin fan... but this shows how deluded we can be... the f”<k... did the guy hang on a fighter jet??!
ah i remember when someone did this in bf3? is this what that animation is based off of?
they had 10 years
bahaha bull market still in play because the memes are still 🔥🔥🔥
what's the name of the movie?
okay, this is just bad ass af
new top gun movie looks wild.
if someone did this they should be president
fuck disney and fuck disney+ viral tag-line spam.
which movie is this lol that is soo good
lmaoooo this is scary accurate
is there some more to it? which movie btw
tic tac ufo would smoke you. bitcoin is a scam 🛸
out of context, but i dreamed that btc drops to 19k and then grew up to 118k. it was really realistic...
made me think this was a trailer for the just cause movie adaptation. all it needed was a grappling hook to take him back to the jet after the rocket launcher part...
i love sophisticated ta like this.
the plane is going down so down to 😂
someone had to do this lol
is this clip from any movie, if yes what
as a gamer i understood that reference,
amazing stunt, what movie was this taken from?
it's not just bitcoin. these are all cryptocurrencies in my ownr wallet. and i hope 100k is real.
i really liked this!
they're for infiltrating enemy territory covertly in order to relay target coordinates to friendly missile launches thousands of miles away, which drop bags of missiles on anybody who opposes freedom.
🔥🔥🔥🔥🔥🔥👏🏾👏🏾🥰🤌🏾 yes we all holding 💃🏾💃🏾💃🏾💃🏾💃🏾
is there a way to save this video?
confirmation bias is not a good thing
from which movie is this clip?
you can’t really eject like that and still be physically intact to hold back on... fuck bitcoin gonna die ?
that was the most unrealistic thing i’ve seen since a watched wonder woman lasso a lightning bolt to fly back in 1987.
stupid question deleted 😎
seems based to me
that's a battlefield meme. funny when you manage to hit.
why doesn’t the f-35, the air superiority fighter, not simply eat the su-57?
too easy. f35 engineers thought that putting more than 2 missiles on the stealth fighter would be cheating
i know right it would have been more convenient
trailer for new battlefield game
do you think coins can moon, even on a battlefield?
it was done by the developers as a nod to the player base. if you arent a battlefield player, you wouldnt get the reference.
lol. did they poach the saint's row team?
it's called the rendezook and is a throwback to one of the player attempting it in 2011 when bf3 came out.
it's a tactic from battlefield game series. started from random player, and became viral. everyone try to pull of this trick and record it on youtube. so yea, it is fun to see it in trailer lol.
i hate it when that happens
it kind of implied he ejected but also did not show the seat flying out and the canopy stayed on.
yup, upcoming battlefield 2042
also missed choppers being used to run people over
it's battlefield 2042 or did i get r-ed ?
it actually happened... in >!battlefield!<
it’s a video game
it's from the new game, battlefield 2042! this can be done inside the battlefield game series with a lot of practice!
its from the battlefield 2042 trailer that came out a couple of days ago.
you can do it in bf4 with a little practice and luck
it is from this
it is the new battlefield 2042 game! this is a homage to player videos that pulled this off in previous battlefield games
it's battlefield. not meant to be taken that seriously.
i mean, battlefield is not meant to be a mil-sim 🤷‍♂️; plus, this particular scene is just meant to harken back to moments when players did this in battlefield 3 and battlefield 1942 and hammered home the "only in battlefield" slogan.
takes 5 minutes to read a different comment and knowing that this is the devs paying homage to a battlefield meme.
you mean watching hundreds of cracker jack and jills try to storm the capitol didnt fall under realistic?
f35 isn’t an air superiority role, it’s a multi-role aircraft designed to do a little of everything. in a demonstration the f35 actually lost it’s dogfight against an f16.
if anybody is pulling off a stunt like this, it is the russian and not the american.
thank goodness for futurama quotes
su wouldn’t have ever seen the f35 come up on his six.
that will be the f-22 raptors job
because lur that wouldn't be as dramatic for single white female lawyer.
the f-35 is mainly made to replace the aging a-10.
having multiple ejector seats was the obvious easy answer here.
it's a trick people do on barrier battlefield to own others.
cant wait to watch it
i was about to say that this use to be a popular tactic in the old battlefield games.
thought this was another example of bollywood physics
i see they kept things super realistic.
when i saw it playing out in the trailer my heart was happy and my jaw hit the floor a little. such a cool little nod
i'm not a battlefield player but i totally get it! wasn't meant to be an "ackhyually" comment.
it’s actually a throwback. it’s called a loopzook.
i had no idea. the only movies i ever seen this ridiculous have been bollywood movies hence my question.
tbh i was gonna guess bollywood. what game is it?
can you make one for amc subreddit? awesome
holy smokes, can stop watching this over and over. what a badass pilot! haha
i’m anti bitcoin... it doesn’t matter if it’s meant to be serious or not
storming capital buildings happens every few days on planet earth. jumping out of an f35 to shoot a missile at another fighter jets, much more unrealistic.
f-35s are best at bvr engagements. not at taking on dogfights against other fighters.
f-35 is a money printing machine for government contractors. it is designed to be expensive, complicated and useless. once the last part is understood, it will be phased out in favor of some newer, more complicated money printing machine which will, we promise\*, not be as useless.
i don’t care what it does if it flys i want to fly it.
it's the bradley of the combat aircraft world
f-22 is still the king of air superiority and probably will be for a decade. with how much they cost we’d hope so.
this is old news and not true. the f35 is an incredibly capable fighter.
a-10 is anti fragile, and it is percieved 'slowness' is a deliberate design choice as a result of making it so robust. for reals though, crypto gags aside a-10s are cool.
f-35's cannot mow down tanks from 100ft in the air and survive anti aircraft fire. thats what the titanium shielded cockpit on the a-10 is for, survivability.
yeah bitcoin refusing is also a trick you know?
im watching it in the cinema
people used to do that in the older games so it is a reference to that
it's an insider ... player did this in bf 4
best damn game ever! so much fun, had many good times.
i remember doing tricks like this all the time in 42. it's actually super easy to do a backflip, bail (upside down) at the peak, and then land back inside the plane as it descends and rights itself below you. my buddies and i probably clocked more time in just the wake island *demo* than most games get, and that is before even mentioning how heavily modded the full game was.
i thought it was called a rendezook?
it's actually more of a reference to the bf3 video doing the same thing. it's almost the same if you put them side by side. also, i was not crazy, i knew someone did it in bf2 and i remember trying it myself but since everyone was talking about the bf3 clip i thought i imagined it
battlefield 2042. i’m pretty sure this clip from the trailer is paying homage to a stunt players managed to pull off in game. pretty neat
why do not you watch the whole trailer?
don't worry it does not matter that you're anti-bitcoin either.
can you explain why you’re anti bitcoin?
>bvr engagements beyond-visual-range, for those who did not just google it like i did.
you are correct sir. they are for getting deep into enemy territory undetected, so that they can send target coordinates to friendly missile launches far away that dump bags of missiles on all those who oppose freedom
might as well throw a bunch of missiles on b-1 lancer and have it rain down missiles from afar.
the f-35 is the new f-4. both are equally garbage jets.
yea if the bradley was actually good at all the things it was supposed to do. f-35 is expensive, but it is a helluva machine.
pr campaign to save face over the massive cost. the f35 can’t super cruise without tearing the rear off so it can’t intercept, it has a limited payload unless you use external mounts which defeat it’s one advantage, stealth. the f35 program still has huge issues to resolve such as pilot blackouts, part and software failures, even the frame cracking. it also has to be painted every month and every paint job cost a million dollars. the airforce chief of staff said the only way to fix the f35s problems is to fly it less. now, compare it to the legendary f15. the f15ex can fly at mach 2.5 vs the f35 1.5. it cost 20k an hour to fly the f15ex vs 44k. the f15ex can fly 1100 miles vs the f35’s 660. the f15ex can carry twice the payload of the f35 further, faster, and for less. the f35 can’t even climb in a dogfight! that’s huge. the f35 has a ton of money in marketing to make it seem like the greatest aircraft ever made because it needs to sell to pay off some of the cost. you won’t see anything positive about it from independent review boards or congressional oversight committees who have had to justify the cost of the program. off topic, it’s a relic from the military minds of the 80’s who thought stealth was the future. it’s not. uavs are the future and it’s time we stopped pretending a man can beat a machine in a war where attrition is your greatest threat. china could build a hundred fighter drones for the price of one f35. you can train a kid to fly a drone in a few weeks vs years and millions on a pilot. half a modern fighters weight is to support the pilot. that’s gone with drones. the age of man is over.
hellyeah they are! anything with tank-busting uranium depleted shells is badass in my book
put your phone away bro
player did this in bf 1942
i can’t imagine what’s going on in the mind of the player in 2006 when he pull this off. history is made because of it.
it’s called the zookdezook
wow. im blown away. thanks for the link.
yessss !!! i live for this 🤤🤤
love the irrational support
irrational love for anything doesn’t last. we need a healthy two sided thiscussion. for and against. if against is shunned, you get irrational
what i try to demonstrate is that our culture and our software systems are designed to hide the unpleasant necessaries...
confused if i was still in r
el salvador here we come...
>dump bags of missiles i do not know much about missiles, but i do not think that is how they work
haha those who oppose “freedom” ... genuine lol
no need since bitcoin will end wars right?
should have sent sr-71
f-35 is the equivalent of a casino buffet. they got a little bit of everything that verges on tastey, but you gotta go to a real restaurant to get the good version of that food. same goes for the tech in the f-35...
the bradley is better than what came before it. it is good, but it could be better.
> the age of man is over. the time of the orc has come…
f15s are incredible. best air frame in the world.
i'm more of a fan of using the f-22's superior stealth and a bunch f-15 exs sitting just out side range waiting for sensor range with bvr missiles. f-22 sneaks in, tells the f-15 ex boys where to put the missiles, and gets out. the f-15 ex boys goose the throttles and launch while the f-22 boogies. re drones: a big problem with drone warfare is the dehumanization of targets. a drone operator is far removed from the "am i killing a wedding party?" the final human element of delivering death that is not thousands of miles away in a bunker in virginia... drones certainly are economical, but death should not be cheap.
first time ina theater in over a year and i got treated with the top gun 2 trailer...tom cruise is an american treasure...
i undestand that, but if you see them side by side and compare it with the trailer, the sequence of actions almost match perfectly with the bf3 video. i'm not saying it started on bf3, just that the bf3 video was used as a reference. edit: i saw [this]( video as a reference although now that i looked at it again it seems that whoever made the comparison just synced the moments to make it look like the timing was the same.
everything that you see there will be in the game! i'm stoked!
what do you mean? bitcoiners love authoritarian big government right? right??
says the us military... 😫
nope. it'll just be what everyone uses to fund them next time.
looks like meat's back on the menu boys!!
i want to believe that but from what we've seen humans have no problems deciding to blow up wedding parties.
his reaction vid to seeing it in the new trailer [was nice.](
bitcoins definitely don’t love big govt
i'm thinking more like cyber warfare to either steal or even destroy a nation's bitcoin, but what you said works too
maybe one day we will fund that war instead. omg funsies!
sorry forgot this- **
i'm donation to all my bitcoin to helping orphans in africa so i would not be able to help with war.
it wasn’t needed tbh.
it's really more about solving the root of the problem. don't get me wrong i love helping orphans but you need to solve corruption, poverty, food shortages etc... which in turn will solve the orphan issue.
bro what do you have against orphans? what a sicko!
real party pooper right here ^
i like you alot lol
thanks pablo_escagaybear. it's been my pleasure lol
you mean ~~~~ ~~~~ ~~~~
when 64k oh no if only i bought it look at it now. takes balls to do stuff in every business.
bro it’s so fucking draining buying these giant dips because you have no clue if this is the floor or it’s going to collapse another 5 stories.
lol i'm trying, but i'm broke as sh*t rn. i would not sell tho, hodl squad.
i think it is the price of groceries keeping people away at the moment. this market does not give much confidence to investors.
i’m that one guy, but unfortunately i’ve only got enough to buy 0.00727 btc.
first bear market? this downside still has room, no rush buying here imo
irony in that photo is that no one had money left to buy now that price dumped on everyone.
where's the line for people who do not care if it is up or down and just keep buying?
i love this fucking meme it just keeps on giving.
buy high sell low technique. it never fails!
i’ve been dreaming about a thiscount sale like this for months…. you better believe i’m stocking up
the lower the price you buy at the bigger your expected long term returns.
no shortage os stupidity
i remember kicking myself in december for not buying last july when prices were this low.
yep that is me on the left
19k is the 200 week. we are heading to 19k. just not in a straight line. would not thiscount a move back up to 40-42k first.
if you actually believe in bitcoin you'd be happy for the thiscount. i'm estatic for it to drop to 30k and if it goes to 20k i'll splooge my pants
if only i had more money to buy
just dca and forget about it.
keep buying! no matter what keep buying and never sell.
in the words of gru “in the terms of money, we have no money”
well we did not last long at 64k so clearly people weren't lining up to buy at that price. these memes are getting stale.
bitcoin becoming mainstream is what will keep it around this level permanently. when i saw those matt damon crypto commercials and crypto being the new "trendy in thing" i knew it was over. it was better 3 years ago when it was still largely unknown. any trend where the masses get involved always means its better to go the opposite way. essentially for me now bitcoin is used for offshore sportsbook funding because the transaction costs are so low.
the problem is no one knows when it will stop going down
dcaing bitcoin is the best thing i did in favor of my mental health.
crypto be like that. the average person only wants to buy when it’s hype af, not realizing they are being used as exit liquidity. pigs get slaughtered.
no more fiat lol
i would definitely be in the left queue, but my wallet is against it.
the problem with a post like this is that it implies that it is unreasonable to want an asset when it is high, but not when its low, without considering the fact that the world is a lot more uncertain now than it was then. given the fact that people endlessly push the narrative that bitcoin is supposed to be an inflation hedge, it is exactly what you'd expect people to act like when they see that for this particular point in time, bitcoin has failed to live up to that narrative. or maybe we're all being mislead about inflation and bitcoin has actually retain its value, whereas everything else has not been priced in yet... given the fact that the majority of public opinion is not that, it is not unreasonable to act like the above.
i'm ready for , limit order set
for real. people love to be sheeps instead of thinking for themselves.
i think people get confused with the fact the entire market is crashing and people may not feel comfortable placing money into investments in general
i did dca for a year on the up, im ready to dca a year on the down
if i wasn’t losing money in my two coins i would definitely buy bitcoin right now.
ah its me on the left :) see you at 188k
i think long term and i'm more than happy to choose the option on the left side. as long as i have some fiat or tether to spend
seen this meme like 10 different times over the last 5 years all with different prices. happens every time lol
it’s wonderful that the same people who chased to buy are the same people who will panic to sell… but doesn’t it start to raise the question inside of them “am i doing this backwards”
the more it drops, the easier it is for me to be a whole coiner. let's go!
i’m waiting for the .
haha...so true. i had an order execute at 34k which was awesome. another old order at 28k which if that executes i'm gonna be stoked.
its going to test 29k in a few hours.
10btc buy order at 10k mate
when bitcoin was . i don’t miss her.
hahaha this aged like milk. ya gotta update it for 30k now. better keep a blank template on hand.
no fking way im dumb enough to sell rn. see ya back at the top in a few months.
it was literally worst last year, i still do not see the reason to panic. just buy while it is slow.
day traders are the ones who want the price to moon so they can sell their coins and make more fiat. crashing markets make them sad. holders, on the other hand, have the right idea. we're the ones who want the price to crash so that we can buy more coins with what little fiat we have. mooning markets make us sad. demand is down and adoption is still very limited because of all the wonderful fud. so the price is not reflecting the quality or value of the product. that's why holders can confidently dca in a crashing market. day traders think they are ripping us off but actually we're ripping them off.
if there were so many people lining up when bitcoin was at , then the price would have continued to climb, right? that fact that . kinda seems like this sub is full of dummies.
buy high sell low, that is the retail investor way
i’ll wait until 15k and buy 15 coins.
it’s because most people are right handed so when faced with a left or right decision they naturally choose the right line. numbers aren’t real
i’m so fucking annoyed i don’t have thisposable income atm…
the floor is 25,000 aud.
lol, look at all the people who sold the dip, hoping it goes lower. it’s less than half its ath… 69k to 30k. y’all dreaming with 25k, and high as a kite at 21k. i’ve been buying, buying, buying.
all the way down to
this time is getting rich. if everyone is afraid, then it is time to buy btc on bitfinex. life rarely gives us such great opportunities.
this is why recurring buys are man’s best friend. you’re always buying set fiat amount regardless of price. the cheaper it is the bigger slice of pie you get.
has been very fun watching this entire subreddit cope and seethe.
let me know when we've had an 80% correction from the ath like the past 2 bull runs and maybe i'll start trading cryptos.
btc 31k, aged like milk
if only 33k was the bottom. imagine people wanting a healthy pet and not one bleeding out on life support. fucking mind blowing.
i'm buying the fucking shit out of this dip. backing up the fiat truck once again boyzzz. lets fucking go!
it will be sub 30k soon, wonder what the best price to buy will be.
we on our way to 12k boys get your cash ready!!!
bitcoin under any amount is cheap
why are they lining up at a counter … it’s a market, right? for every bitcoin bought, someone’s selling one. is there a picture just like this on the other side with the crowds reversed?
the mob on the right is the driving vehicle of every bull run
this image again... for the 10,000th time 😑
recently, the crypto market is being frozen, bitcoin is dropping, so i have referred about gamefi and nft. i am interested in gamefi because it needs a little investment or not, and if you are lucky and have a good vision, you will earn a big income. such as mir4, cyball, thetan. especially dragonwar, it is a hot game and whoever earns a good income from it, even a newbie. is it so attractive ?
is bitcoin still going to rise up again
this image is false in either cases. you guys have to be aware already that bots control 90% of the market now
this is the correct time to buy and people are being afraid. that's just something sad to me man, they should not feel any fear. it's time to be free and invest as much as you can man.
this is how every market works... it is pretty basic but not as black and white as this illustration implies.
i'm also that guy ah it is friday. time to say hi to the guys at gemini, oh it is not bob that is helping me out to day? that's cool. you new? i'll be here every friday around the same time. i know it is not much but at least it is consistent right?
will bitcoin hit 😳 omg!! if that day ever come you will see the biggest transfer of the financial market ever seen
glad i bought in when it was under 1k!
i am buying and most of us are buying so i do not think we are alone.
lmao this aged poorly
what about at 31k
hit that buy buy buy and say bye bye bye.
if everyone was buying at
i’m bleeding. but best believe i’m holdin
i remember this image but then with bitcoin at 9k vs bitcoin at 30k
honestly, i do not see how this is not expected. bitcoin cannot go up when inflation spikes, but it can absolutely resist inflation, which sounds crazy to say, unless you look at the bigger picture. i see this as a lot of hodlers needing to sell just to absorb their local inflation, but it is definitely no cause for alarm.
people who spread this image often confuse cause and effect. the amount of people "in line" to buy btc is what is causing the price to rise to 64k, while the fact only one person wants to buy it is causing the price to drop to 33k. not the other way around.
you guys are so funny. what part of longterm play are you failing to understand?
i don’t have cash to buy the dips 💔
that’s human psychology. is hard to change.
well yeah that’s what happens when the economy starts to crash 🤣 did y’all learn nothing from our entitled boomer parents
i think it is gonna drop like hell, we need to wait and dca.
people are just stupid as hell, they do not know what the hell they are doing, i just want them to invest right now, that would help them. only investing can save all of us from the losses now.
yup, this guy! 😁👈
where ever the bottom is, ive been in this long enough to see how much institutional investors now have a large stake in so its never going to do anything except act as a short term signal for how well the global economy, stability and fiat currencies are. obviously people who are starting to feel the ever strengthening constraints of pandemic lockdown rebound are being left with no other choice but to liquidate their crypto to pay for living expenses. at any rate, i dont care where it goes as long as it helps the financially illiterate masses see that the federal reserve is a ponsy scheme of biblical proportions and it is the very reason why were in this situation at all. tldr: death to the federal reserve, the irs, and private control of public store of value in every corner of this planet. and from the ashes may there arise an immutable trustless monetary system that cant be subverted without real time evidence of its occurrence.
if you start dca then it will be the win win situation for sure.
look at the market, it is dropping more, that is really good.
please keep bombing so i can buy all the coinbase shares.
if your meme were correct then it would not have dropped after hitting
sad truth, this is why i hate all these newbies, they are still waiting. they should invest right now to make some good amount in the future. they really need to stop waiting now, it is not good for them.
well now that the train is heading the other direction
i am here to buy right now, maybe i am that one alone guy lol. it's a good time to invest in this market, people should think about it. we all gotta do something to make some huge benefits.
from a traditional risk:reward perspective, anything below 35k is a solid buy.
this guy is new to investing
now if your buying btc you should as well be getting biti or bito. you get btc and make money on the rise and fall. even more on puts and call of those etfs.
i want more drop now, i will buy a whole bitcoin if i witnessed some more drop. that's what i want to see right now, it would be good for me. let's go and wait for more to buy more mates.
as much as i love this meme, if it were true, it would mean that car blasted past 64k lol
always buy when the price drops. you don’t know if it will go up from there. it can. but it can also get cheaper.
i hold a couple of coins that i got way cheap way back in the day. i spent some time playing the buy the dip sell the tip game and overall did very well. but it felt more like gambling than investing when i no longer understood bitcoin on a intimate level and was just stressful. the only rule i operated on was my -20% buy order. if the price dropped more than 20% in one week i bought all i could. that means i missed some points on the low end but not often and not many. this was not really a rule but the only time i really felt sure it was time to sell was when people i know who know nothing about bitcoin would call me to talk about price spikes and how to get in i knew that particular run had run it’s course. not saying i would recommend people take that advice now but these two dumb dumb guidelines made me a great deal of gains over the years. i still believe in bitcoin because i still believe it is useful in many ways and i think if you can afford to buy some as an investment than you should. however i no longer understand what or why the price moves the way it does with all the big money invested in it now so i am not at all comfortable trading it.
i remember this meme!
dude if i had the money i will go all in...
today sucked lol hodl
it's called fomo, and it is not a good investment strategy.
a very large number of positions are kept at a price of ,000 this goal is key, but do not take it as a psychological impenetrable range. to begin with, the movement from the market, you need to throw out extra participants ( shave off hamsters). the index of fear and greed is 17, but even this value does not scare both us and major players. when players begin to feel fear - the first indicator that the market begins to unfold, by the way, now the market is positive, which means that the long position should not be considered now. follow my telegram, see on profile.
i cannot buy because i do not have any thisposable income anymore, not because i do not want to buy again in this price
feeling good to see my only son buying right now there lol.
i feel like i've seen this before...
i'm calling the floor at 15. and even at that its still riding on some enthusiasm. but then it will go back up. way up.
i laughed at that one when it was 3k and 27k
i remember the good old days of bitcoin at .
that's not that much true though, i can see many people are buying. they are running behind the bear market and that is a good thing. i hope you will understand what i am trying to say.
hey never seen this meme before thanks for sharing
mostly biden inflation. obviously other factors etc, but he is mostly to blame. all my gains under trump are gone now. however i will be buying the dip!! just waiting to buy at most logical.
lol so true, i can see that people are just being afraid of their losses, they are not thinking about the real market ahead of this. this is just another bear season that we need to survive.
true story, people do not buy the dip, i have seen people rather selling it during the dip instead.
need to add another line: bitcoin
how does nobody in this thread realize that this is true *by definition*? prices go higher because more people are buying than selling. prices are lower when more people are selling than buying. this is not difficult stuff.
have been hoarding fiat for months now as ukraine and other factors have druven markets down in everything except weapons producers, who wants to calm the floor ? where do you think the bottom is ? i am absolutely loving this market !!
still on . you think i know the price?
i’m waiting for 25k window to open up
29621 k upper 🚀
i am glad that i am standing alone there with proud lol. i will buy till the end of my savings, that is the real motive i got right now. i hope people will do something similar, it is really important.
don't know about the others but this is some real great opportunity. we cannot waste the time like that, just start dca you all. you would not gonna get something like this in some months.
sh*tcoins claim to have value because they have community. bitcoin has community because it actually has value.
this massive amount of upwards trajectory almost needs to be balanced by such an event.
so accurate, but buying is my next option
fear takes away many opportunities from people
it is smart to buy the breakout above old ath.
you guys still talking about price? give it a rest already, noobs.
same as silver at 50, vs silver at 21
lol why wud you buy somet goin to zero
bitcoin killed el salvador 🧐
we seem to see this meme at every support level on the way down from
different ballgame, but, it almost works the same with lotto tickets.
only the strong will hodl
bitcoin at . thus, only a handful really helped propel the market to those highs. that is why when they bail, the markets tank as there are few buyers.
all the way down to , yes please!
jfc, do not scare me like that! if we hit 28k this early in a recession, 20k is all but guaranteed.
the market has become more attractive!🔥🔥🔥
damn man, we can expect something like that for sure.
keep going i already pulled out to a cash position.
52% correction from ath is a pretty big thiscount! looks cheap to me
it's crypto, it will likely go lower. dca is the way for long term holders.
dca every week and you would not have to think about it.
exactly. this meme is stupid because it misses the point. here's the real meme: [ the obvious psychology is that people will rush to buy things they think are going to get more expensive, and hold off on buying something when they think they can get it cheaper. this is not rocket science.
dude i had an auto buy on 37k for the last months. now it dips so hard fml
>bro it’s so fucking draining buying these giant dips you lost 10$. that is pizza money. pizza money should not be draining on you. don't take this the wrong way, but you are investing negligible amounts of money, so it might not be worth your time doing active investments yet. if i were you, i would invest your time in increasing your earning capabilities. you will get a much higher return on your time with that.
i genuinely do not care if bitcoin goes to 20k from here. i am buying more now and will continue to do so if it drops because i believe that it will eventually go to 100k and way beyond.
just be a long term holder.
what do you expect when inflation shoots up to 8.5% in us? btc to go up? of course not
if you sell it will just push it lower. more bitcoin for me...
good point. groceries are up at least 20% so far this year. some folks are getting spooked.
don't sell it you might cause the market to dump more :)))
bear market is still there, and it is not going to end soon for us
this meme is a repost from july -- i've been through a few bear markets, thanks!
my personal opinion is 30k bottom
most people who invest in bitcoin naturally average in, because it is a savings vehicle. few have yolod entire savings at the top while sitting on the couch staring at their computer, earning nothing. if you’re earning, provide for the lifestyle you’re willing to accept, and save in bitcoin. it is all about how much you are willing to thiscount life today for a potentially better one down the line. while bitcoin is clearly more speculative than a 401k investing 100% into target-date funds, anyone who has stuck it out for longer than 4 years has seen massive returns. (i believe you can look at historical data to confirm this).
this is the type of naivete that makes me question why i am continuously placing daily auto buy orders. we must be from a different generation...or you are faith based and i am reality based.
we need to keep buying, that is the only motive i can see.
just keep calm and hodl
yeah this is the true thing we all should follow, and for long term returns are higher if you check the returns of btc in last 5 years it is around 20-30x, market is still going with it is all about the short term dip
people often follow the crowd, that is where the real problem begins for them
it's the time and you should buy now my man, go fast.
buy more my friend, only that will help you in this market.
please , pretty please!
i try not to base my financial well being on beliefs.
im only sad that i cant afford to buy now
problem with stocks and coins that get a lot of hype is...they skyrocket extremely quickly but will have very hard time going up because bag holders will dump it the moment they are somewhat profitable.
well earn more and invest more like other people here.
not a problem just as it is not a problem how no one knows how far it will go up. no one has a crystal ball!
when institutions are done selling or have enough liquidity to offset their liabilities. buy 36, sell 56, repeat. might as well make some cash with the swings. i have faith that crypto will take off one day and act like a proper market and currency hedge, but not until big money stops their pump and dumps that tends to scare retail and compound the swings.
that's why you should dca, this is the best thing right now.
if you are holding long term it really doesn’t matter
can we expect btc at 30? i want to buy that time man.
we need to get bitcoin right now, it is available for that cheap.
>without considering the fact that the world is a lot more uncertain now than it was then. what changed about bitcoin though? external market factors will always play a part but good technologies always prevail. imagine thinking the cold war was going to stifle the internet...
it is an inflation hedge, but not export.
can you edit the meme for me plz
this meme used to be ...
love when old orders fill. patience is key!
things far larger are at play here. not that simple.
well yeah just look at all these comments too my man lol.
yes, i posted it when it was already well under . just a friendly reminder to be greedy when others are fearful!
true that, i am willing to see more drop now man lol.
say it with me - "bitcoin is not my pet."
that's right, we can buy that at any amount to secure the future.
>for every bitcoin bought, someone’s selling one. this just is not true...
i still found it relevant to the situation, and i am going to buy more
as it always does.
just let them sell so we can refuel, jeeez.
7 times now i’ve seen the btc price drop over 50% 1 takeaway: will endure
i do not think we should compare silver with bitcoin mate.
highly doubt bitcoin would ever go or stay at zero.
what happened to el salvador?
original meme used to be
wishing for that sounds like a risky bet.
i'm cool with that. ready to buy!
we’re really not that far off. it’s flirting with breaking below 30.
oh wow. time capsule thread.
oh man. this this this.
he sold! bottom confirmed!
now it has to drop another *n*% before you break even. where *n*% is your highest tax bracket. i suspect a lot of people do not consider this.
as long term investment for sure i agree. shorters are going to get wrecked this time.
the smart ones will keep stocking up as we go
i’m not broke but i’m limited to my savings 3.1k and i have 50( currently down -10$) last year i took a 150’m kinda scared to put money into the meat grinder again. how low do you think it will go
i usually dca but when it is falling for long periods of time like this i prefer to pump the brakes for a while.
buying when the price is rising is a guarantee you'll make money tho. just sell before it starts dipping again
no one can see the future. keep that auto buy rolling. if you thought it was worth it at 37k, then it should be significantly more attractive to you now.
but only a fool would have planned to flip an auto buy. no, you want to make sure you got a good price for a long term play. nothing wrong with that. that was around an autobuy for me a year ago. guess what? it has not changed my thesis at all. it's a long term hedge against fiat.
wait for massive thiscount at 15k. no need to buy yet.
actually yes, i would have expected it - dollars are worth less, so therefore bitcoins appear more expensive
i’m not sure if spooked is right term, it’s just that the spare
the last halving will reduce the block rewards to one satoshi. never forget that 😎
being a satoshi millionaire sounds like a good deal to me.
this is a proper outlook!
never take a loan on an investment as such! if it drops more and bills come due, then what? put more on the credit card?
i think you're lost, wsb is over that way
yeah and i was thinking how people post this meme for so many times
how much can a koala bear?
that would be nice, but we're going lower
no point in predicting the bottom. just consistently dca as you go.
yeah and after that we should see a small bull run then we can make use of it
previous gains do not indicate future growth
btc at 300k? yep...im buyin. btc at 25 cents? i'm buyin. i'm buyin.
how deep is your understanding of bitcoin? how do you view it? what is its ultimate role going to be? i see it as the foundation of the next phase in global society. it's value will be priceless one day, so i do not care what it is price is now. i'm just earning fiat and converting as much to btc as possible. up or down.
no, sell now and rebuy later.
agreed. should be a sheep tax
if you're not buying now, you would not buy at 20k
if bitcoin goes as low as 21k, it will crater to the teens again. lots of leverage at those price points that would cause a lot of sell offs for larger funds.
ah i see, you're one of those people who invest in things that they do not believe will make money. u from wsb?
so you invest in things you do not believe in? what do you invest in?
i actually have 2, in a drawer in my bedroom, tho they do not predict much they just flip the image on the other side.
we gotta buy the shit every fucking week to get in profit.
the interest rates are the difference this time, if the fed continues to raise them triggering a recession there’s no bottom to bitcoin
converting alts to btc atm.
good thing, woulda been old yellered. 13 years old, still cannot walk 🤔
> this just is not true... so you’re saying there’s a source of un-owned bitcoins available for sale somewhere? what??!
how can you say that? this is what i have been told lol.
i hunger for impossibly cheap bitcoin
obviously no… lol most people who try to time markets lose money. that’s a cold hard fact. most people lose day trading , and a few straight kill it. that’s how a few kill it: they’re taking the many’s money. you want to make money either you get lucky or you invest long term into assets you don’t think will thisappear in 20 plus years or whatever your timeline is and you buy those assets when you think the value is good. or hodl and fomo and all that
oh damn, that would really cause a collapse, which is not unreasonable. this massive amount of upwards trajectory almost needs to be balanced by such an event. how low would bitcoin go before you dropped everything into it? i think a lot of people answer that question with a number much higher than .
his billionaire friends just might step in 🤣
that's really really risky but you know that we love it.
imo that article is causing a lot of fear…and rightly so. just in time for weak hands to drop their btc while institutional players gobble everything up at thiscounted prices
sold awhile ago and it kept going.
this is a flawed assessment of capital gains. your only consideration is the %difference between long term or short term cap gains. you are always going to be paying the tax on the difference between sale price and basis. whether you pay it this your next year is irrelevant in the long run. sure you recognize a gain now but when you rebuy your basis has shifted. i suspect you do not really understand taxes if you are holding so you do not have to recognize a gain on your 2022 tax return.
the macro 618 is around 28, we ain’t done dumping. we might see a short term bounce here soon but don’t expect that to break 37.
bro if you’re worrying about the fact you lost . you do not have enough money to comfortably risk if 10 bucks is enough to impact your stress level on a day to day basis.
you cannot bet money you cannot lose at bitcoin wtf. you should not invest money that you will need in the next 1-2 years.
nobody can tell you that, but i think we can go to 18k or something along those lines if we enter the winter territory. at that point i would urge people to buy some :)).
dropped 60k on 1 btc several months back
? bro, some of us are down . chill out. you don’t see the guys with big accounts on here bitching and complaining. stop using rent money to “invest”. if you can’t put it in and be ok with not touching it for 10 years then you shouldn’t be investing it.
so stop. you're not obliged to keep putting money in. just sit on what you've got until you have better finances. you should not be stretching yourself. this bear market is going to last a while, do not be in such a hurry to spend all your money.
50 dollars!? go buy some lotto tickets. btc could go to a million and you'd still have less than 2k...
nobody knows when the dip is really a dip, or when it is a minor drop that will recover shortly after. it is impossible to time the market with certainty. not having that certainty causes people to make imperfect decisions, hoping that their investment will recover and then continue rising, which makes it unguaranteed that money will be made. this is the reason why 90% of day traders lose money in the stock market.
unless we see a nice bounce back
plus tax season i got fucked so hard i had to cancel my daily purchase
ye i’m not at all worried lol just my feeling personally
yeah and if you do not have funds then holding is the proper way
well, look at other metrics by which to evaluate bitcoin, the network and bitcoin, the asset. tam = the entire globe. hmmm, sounds like faang network-based companies. bitcoin, the monetary asset? well, i don’t need to repeat the same qualities that make gold valuable, and then some, for the n-th time in this subreddit. but hey, i’m just pointing out the obvious.
the sun sets every night, when it rises again on the opposite horizon are you shocked each time? do you go on social media each night and admonish people for talking about the morning like it is some sort of an expected and relied upon outcome?
our entire civilization is built on assumptions. by pointing out the obvious your attempt to sound smart only makes you seem like a pompous fool.
u, i agree that it is the way to profit. but the only reason bitcoin is a success is the cause of the community that believes in it as a replacement for the corrupt fiat currency. if every one of them had been day traders we'd be nowhere. just think of that
that's right, they will just talk and nothing more than that.
also, now that i think if it, this statement makes no sense.
what made you think i'm not buying now?
but it is pretty unlikely to not sell off more given that the spy and ndx are looking so scary.
i posted 5 months ago that bitcoin would go back down to 'm holding to my own convictions and will buy at . you're wrong.
teens are even better. i'm sinking with this ship until the end so if it goes under a dollar, i will buy all the bitcoin as a souvenir.
you should invest in things you think other people will believe in. what you believe in does not matter.
i can see that being a wild card that we are not sure what it does, until it does it.
very true, i also know it will go back up. not for a fact, i just believe it.
>the interest rates are the difference this time this. it's more expensive now for these large hedge funds to leverage debt to buy bitcoin, especially when it is trending down and they start to move money out of other positions. they are losing lots of money too right now with the market and they cannot afford to go put that liquidity into a risk asset at such higher rates. expect btc to continue its downward trend until we either start going up from this correction or we get our recession and come out in a of it in a few years.
he's implying they are shorting it i believe.
anyone looking to hedge their losses, i'm willing to buy btc at
they already have plenty of coin to meet the call, so it is a "meh" on that point imo. how he and the other big vocal newcomers with play it off socially is the spicy question for me right now.
> the massive amount of upwards trajectory almost needs to be balanced by such an event no it doesn’t? that’s not how value works
no it wont. if you read the article, its only a small fraction of bitcoin that is collateralized in that loan which was like 5% of their holdings at that time. bitcoin would have to go near zero for them to get liquidated.
you must be a billionaire with all that ta knowledge you have. ...you are a billionaire right?
this is maximum pain rsi is nearly as low as it ever possibly goes. whales and exchanges are purposely pushing for a crash from the same guy this is not me and you controlling this markets moves. it’s the elites who run our world who want to see you own nothing and be happy. i suggest putting a big fat buy order in and stop being scared this is best buying time. stand up when you pee and hodl good day
i'm currently down ??!!!
i’m down 12k rn off 33k i put in btc
he's not investing, he is gambling. let the guy have some fun
yes but i consistently hear the argument of you are losing buying power by holding your money in the bank due to inflation. so i invest little bits into the stock market and bitcoin at a risk.
my opinion is: markets shoot up, companies do not know what to do with all this piles of cash from investors, dump lots in crypto, crypto shoots up massive sell happens on market, big businesses dump their holdings cashing out profits, inflation shoots up, hodlers keep holding at big "losses"
so you are a whole coiner yes! hold!
russia will go bananas once sweden and finland formalise their nato application. they may even nuke them. a such event would make people invest in less volatile assets and less in bitcoins. this is why it will go under 15k and if course bounce bank far beyond that in 20 years.
i do not think you actually know what makes gold valuable. and you have probably never actually held gold in your hand. if you did you would understand why for thousands of years people who have touched it and seen it with their eyes are mesmerized by it.
i’m all out for btc, i’ve been using it for almost 10 years, but that’s the stupidest comparison i’ve seen in a while. so we’re gonna take previous market performance and equate it to the sun rising everyday? come on broski…
what makes you think this is not the bottom? place your order now at 21k if you think it will hit and you're happy with that price. so many times there is a flash crash and you'll miss it if you blink. so if you're not placing buy orders, then you would not buy when it hits 20k, because you'll wait for 10k
well it makes sense if you are smart enough to understand it.
are you heavily invested? if yes why would you what btc to go to 20k? if you're light then yes it would be nice.
> you're wrong. no one here knows shit about fuck, so do not pretend that *you* do. want to know how you can time the bottom? **dca** if you're waiting for a magic number you're not going to hit it.
bruh... first of all i could not thisagree more, second of all this is semantics. you believe that other people believe in it. it still comes down to your faith, you're just looking to the top to copy their decisions and joining their conviction instead of having your own. i mean your conviction is that other people have conviction... i think that is dangerous as hell, but more importantly it still comes down to what you believe in... you just value other people's beliefs rather than your own, but it still comes down to you buying what you believe in, just in a twisted way imo
you need to use more words! the whole point of the bitcoin revolution is there is an exact known number of coins. if you’re implying shorting like the other commented guessed, then someone’s got to have given their coins to an exchange to hold and the exchange is selling them. they’re not options though, unless i guess the buyer is holding them on the same exchange and the exchange is doing the trades off-chain. but that’s not really bitcoin any more, is it?
it would not go past 30k relax.
bought all my stuff in 2019, not selling till 2025, hope to be then. might buy some more if we get into the low-mid 20s.
weekly rsi fell to or below 36 it’s only happened a handful of times this is exactly where you want to be buying more. forget the bearish narratives we have 2 more years until the next halving we aren’t going lower than our floor for more than a capitulation wick. this is nearly maxed pain if it’s not. there’s no retail left to liquidate or scare out so i don’t know where these bears get their narratives from. same for the stock market. hodl and buy more don’t be dumb money but do what you want. not financial advice
but i like sitting down to pee
inflation is 10% a year. bitcoin lost 20% in last week. check government bonds. there is 10% yearly return. so basically matches inflation atm
buy bonds for that. bitcoin is basically tied to the stock market and heavily manipulated
with inflation i was losing \~ ,000. so i moved it into the stock market. well in three months i've lost almost ,000. that shit happens. since many of us are losing money we are are feeling the pain, the financial hemorrhaging. stay cool. don't let emotions fuck you over. life goes on.
yeah, this is mostly an institutional sell off. fair price of btc was around 38k this run, cannot wait till the next bull.
> markets shoot up, companies do not know what to do with all this piles of cash from investor tell me you have no idea how the stock market works without telling me you have no idea how the stock market works.
three more corners and they’ll be a room!
i'm trying, but it is hard to fight against the urge to buy more. made a rule for myself not to buy anymore and just hold, but being able to "double down" for 1.5x total sounds tempting...
holding is the best thing right now, everyone gotta do it.
if russia really nuke them don’t you think that as safer place to store assets or value would be in crypto. imagine what would happen to local companies or banks in the countries effected by the result of russian attacking
for thousands of years people thought the world was flat. for thousands of years people thought the sun rotated around the earth. gold has more impairments than my bitcoin does. i’ll just hodl. hfsp.
>if you did you would understand why for thousands of years people who have touched it and seen it with their eyes are mesmerized by it. i understand that, but do not forget many are mesmerized by crypto: "it is an electronic money system, but you store your money on paper?" "you mean, i can memorise the words and take it anywhere in the world? "
fuck i hate reddit sometimes. no matter how ***over-the-top silly*** you are someone takes it deadly serious. calm down, embrace the fun.
again, why are you insinuating that i do not have limit orders placed? in fact, i always have limit orders placed for both buying and selling. if i open a trade, i make the corresponding trade to close it right away at the pre-thisposed margins i prefer. so for an easy loose example, if i set a buy order for , i'll set a corresponding sell order for . or maybe i'll put in a sell order at .3k. i have orders executing almost every week.
not sure your definition of heavily invested and it is not so much as i'm waiting for bitcoin to go to , just that it would be nice if it did. i'm over a full coin and have been buying sub-. i do sell as well but have not sold since november. originally got in 2017.
no one has a crystal ball. dca is safe and responsible, trying to time the exact bottom is how you miss it. he's buying now in case it recovers but he is hoping it keeps falling so he can keep buying. he's just holding back his load so if it keeps dropping he can keep buying
i mean i hit the magic number when it went to the -5k range back in 2018 so yeah it’s totally doable. cope more
it's at 30.9 right now, so...
wanna bet? im calling it this week to 27-25🫣🥃
i kinda want it too, what a buy price
oh i am. just wondering how they will try to save face, how they handle it will set much of the tone for their peers going forward.
i'd say 28k is limely. and at the beginning of a possible global recession, 20k is possible.
i agree with that. we are not at the end of the dump, fear will cause panic dumping. hodlers are holders but we have a lot of newbies who entered at higher prices.
started in early 2017, but been dcaing so that my cost basis is around 17k. ngl, getting real uncomforable.
i am full on always-buy mindset. in bitcoin, real estate, and the stock market. i am not a person who tries to time anything. i just think a littleeeeee too much weight gets put into ta, and i poke a little fun at it, thats all. theres a place where it comes in handy sure, but i dont think its a good measure to base your entire investing life on
be greedy when others are fearful. -warren buffet just don’t take his crypto advice.
me too. keeps both hands free to hodl.
thank you for the advice will look into them
you go check government bonds. 10% year?...getthefuckouttahere
where you getter the 10% government bonds from my man? share with the class
cryptocurrency is the way and we all need to accept that.
yeah same. i decided on buying one and no more. just going to hold for at least 10 years before i spend any of it
fair price based on what?
but **planb** said , and perhaps up to ?! ^\s
i literally code for an equities
you should definitely start averaging down imo. i know i have been with my .1 stack lol
what is rational does not matter. what they do is what matters.
except people did not believe the earth was flat for thousands of years. there is no evidence to suggest they did
you're comparing two different things. for thousands of years we've also loved art. guess what we still love art. how about this. you try to live your life without any gold, no electronics with gold in it. i'll live my life without btc. let's see who's life changes for the better ya? "hfsp" so you're rich now?
are they actually mesmerized by crypto or mesmerized by "number go up" and the promise of becoming rich and escaping the rat race by buying and hodling btc? if they changed the protocol so it would cap itself at say 2% increase in value per year would you love it so much? it would still have all the other properties.
my bad buddy, it’s hard to understand tone in a written post, take care
i think debanked is talking about a mentality, and not you specifically. psychologically he has the right idea.
i think you cannot read the word "if"...that is added because i do not know what you're doing...
yes i agree with dca. i was just questioning why someone who is invested in something would want it to go down unless they have a decent amount of ammo remaining to be deployed
> cope more how am i coping? why are you being a contentious ass?
30.9 is above 30k so...
look at that bounce. you would have lost.
everyone's got to go through the bad-looks phase. lol
should've thought about that before going long on leverage. michael saylor knew the risks.
if you mean price analysis ta, then ta is everything. if by ta you mean indicators like rsi, then "yeah" its hokum. "show me the price & i'll tell you what the news will be".
but you should have at least 6 months of your expenses available at all times. not sure what that number is. but i would only invest in bonds if its lily bigger sum
i bonds are 9.62% right now.
tips are tied to inflation.
the only sensible solution. also make sure to trade for another appreciating asset. lambos are for dum dums.
companies do not get any money when investors buy stock on the stock market, for a start. so when the market shoots up, there is no extra "piles of cash" in it for the underlying companies (except during an ipo).
agreed. let’s all hope that doesn’t happen, not for the sake of markets but for all human life’s
>so it would cap itself at say 2% increase in value per year 1 btc = 1 btc. but your assertion is correct, 'many' wouldn't be in it without the thought of an upside. everyone has differrent needs, but still thisplaces services like western union even with a price growth limiit
no worries. i think there is even a term for it. it escapes me at the moment... edit: "poe's law" not a perfect fit but close lol :) have a great week good sir!
>what makes you think this is not the bottom? but he opens his post with a direct question to me \^... so it would make more sense if he was saying this stuff theoretically instead of aimed at me. i think he just needs to word it more generically instead or even from his own opinion. for example, his post could have read: "perhaps we're not at the bottom.one could place an order now at 21k if they thought it might hit and they are happy with that price. so many times there is a flash crash and they will miss it if they blink. so if they are not placing buy orders, then they would not buy when it hits 20k, because they will wait for 10k." or even better, if he is making the statement then form it as his opinion: "i do not think anyone can predict the bottom.for example, i place my order now at 21k if i think it will hit and i'm happy with that price. so many times there is a flash crash and i'll miss it if i blink. so if i'm not placing buy orders, then i would not buy when it hits 20k, because i'll wait for 10k."
if he could read this thread would have gone better lol
are you dumb? this cannot be be the first time in your life you've insinuated something? you may be saying "if" but then you literally lay out a scenario where you imply something very specific and then when you get a response (that you wee obviously looking for), you say "well i only said if..." bullshit dude, bullshit. that kind of circular reasoning will only get you into petty arguments instead of actually thiscussing anything. so if you do not have any decency or intelligence at all, then you'll continue responding here like a bumbling idiot and wasting everyone's time.
because of exactly that. we're all going long here right? cheap btc means more btc. it's good in the long run, just hodl the unrealized losses and buy more. we all think it will end up higher than the previous high so it is all just noise. cheap btc is an even better purchase than 60k btc, which is still cheap i'd argue.
because [this comment]( i replied back to was being a contentious ass...
yeah, the trajectory does not have me feeling great, still thinking about topping up.
the week is long buddy
ha! guess even the whales cannot out swim that.
not his cfo but i'm gonna guess he gave it the once over at least lol
just for 6 months though (may through oct 2022). the prior 6-month period was over 7% though so if you bought then you have a decent 12-month return. no one knows what the rate will be come november. there are some other caveats around buying i bonds but something to look at definitely. disclaimer: i bought i bonds
of course 1 btc = 1 btc. but nobody values it like that, 1oz of gold = 1oz of gold, 1 usd = 1usd, 1 share of msft = 1 share of msft. nothing is priced to itself obviously. ' i would say you're wrong that btc has thisplaced western union. paypal, venmo, apple pay, etc. have taken some of its market, but wu is still the largest in the remittance business. daily btc trading vol is 20% what it was in 2017. it's been decreasing since its 2016 spike, which was probably tether fake volume anyway. btc is still about 1% of total remittances. it has not been adopted for sending money internationally by most people, except criminals. which makes sense, most people actually do want the safety in knowing if they make a mistake there is a central authority who can fix things, they want constant predictable fees, and low volatility. ' yes i know, "one day it will thisplace it". maybe, i cannot predict the future, nobody can. imo it would not, tech adoption is usually fast. look at the adoption of the smartphone (first iphone came out 1yr before btc). look at the adoption of tcp. etc. all happened very quickly. ' i still think btc is mainly used as speculation. speculation based on an always promised future, where it replaces everything else in the financial industry.
op, you’re wrong. they’re all making fun of you for being uptight
guess what? that am not me. plus, there is nothing contentious about that comment. have you've looked at the image for this post? again, no one knows shit about fuck. if you've been in crypto for any amount of time you've heard this and if believe otherwise you're lying to yourself. timing the bottom is all luck.
it should make you feel awesome. we are heading for a massive thiscount.
true but they can still average out if they catch the 9% train. he cannot sell in first year and after 12 months there is a penalty. i think 2% so if he averages 8% then he gets 6% after a year. if he does not mind waiting then that penalty will be lower and lower as time goes.
real estate comes to mind. land. sand.
if you actually knew what you're talking about, you would probably see the bigger picture and read between the lines, or just keep posting drivel.
it dipped just below 30k around 2 am gmt i see. exciting to see what today brings. right?
oh yeah i know. you guys were right it was going below 30k. the bull inside me made me sooo blind.
civil forfeiture is the craziest and dumbest shit that ever came to be...
he got his money back:
this has nothing to do with banks. this is known as ‘civil forfeiture’ and it is extremely fucked up. i can’t understand how it hasn’t been challenged in court. op i know you are trying to make a point against banks, and they are bad, but in this case a bank would have prevented this from happening.
who buys a house with physical cash?
violation of fourth amendment- so what if the dude has money, the law here has flipped the script from innocent until proven guilty, to prove your own innocence to get your impounded money back, fuck the po-lice
it was not a bank problem in this case, though.
no shit, i served with this guy in hawaii.
"us cops seized more through asset forfeiture in 2014 than us criminals stole through burglary" ...not sure what the current stats are...
i actually watched the video to this not long ago and it’s just shocking to see
the alphabet boys are the biggest criminal enterprises created with your money aka taxes!!!
why the hell would you carry 86k in cash to buy a house?
funny how i just watched youtuber, audit the audit, doing a video exactly like this one where a driver was pulled over , twice, with almost 100,000 in cash, doing a business transportation. and despite showing zero signs of non compliance, or suspicion aside from what he was originally pulled over for - "following too closely to another vehicle" - the cash was seized and only 1.
it pisses me off endlessly that civil forfeiture is somehow not covered under "unreasonable search and seizure"
my only question really is why would take the cash out? a check would of been taken
life lesson: don’t drive around with your life savings on you.
exchanges are just as bad as banks. when the govt comes calling, they will comply too.
they’ll do this for bitcoin too. if they can draw even a squiggly loopdeloop between your bitcoin and a drug they’ll (attempt to) take it
what the fuck is america bruh
cops should just wait by atm machines and take every dollar withdrawn. i mean why not? they cannot get in trouble.
he got his money back.
the real question is why is the dea out here making traffic stops🧐🤨
why would you be driving around with your life savings in your car?
this has nothing to do with bitcoin. no civilized country has this issue. only the us has this kind of civil forfeiture. you are barking up the wrong tree mate.
this really did not have to do with banking but a corrupt incentivised system for the local law enforcement. local le calls feds to take the money as only they can confiscate, locals get a huge finders fee to keep funding their department. the system is broken. i fully support le but this is just wrong.
its still fucked up that they seized it, but lets be real, going around with 90k in cash is just a really stupid idea.
someting wong ,not adding up…. dea doesn’t just pull you over. they watch you for months to build a case then they strike…
this is so fucked dude, how are they getting away with it?
we won’t all be bank free soon.
that’s terrible i just read up on it. cash made him suspicious and made the cops think it came from drugs. cops don’t trust people to have a lot of money which is why there will always be 99% vs 1% there will always be someone trying to take away what you are working hard for or have worked hard for.
seems odd the defuckinga randomly picks this guy to pull over. hope he got his house.
is cropping a picture really so difficult?
they will seize anything over 3k from what i've heard
well on the bright side, he did get it back.
fuck the police and civil asset forfeiture, but it just seems like a very bad idea to drive around with that much money in your car.
it's just another form of taxation
law enforcement is so free over there.
yes. this sucks. but who goes to buy a house with cash? he can do a money xfer bank-to-bank. heck, i moved > ,000 to my fidelity account wire-to-wire. easy. only cost me nothing!
but he got it all back so why the meme?
what did this have to do with banks? exact opposite isn’t it? he has a shit to of cash, not in a bank
let's also take a moment to share the grand old saying "shut the fuck up". if you get pulled over do not be an ass, but play fucking stupid, do not answer shit. this guy straight up told them everything they did not need to know. i do not agree with what they did, but you can also save your self a lot of headache if you do not incriminate your self.
ok, but why would anyone buy a house with literal cash?
come on guys who gets pulled over by the dea?
if. . . it was in a bank. . . .they could not have taken it.
seriously, was he going to buy the house with cash? why would every carry that much cash with you?
“we will all be bank free soon” what is the connection of that comment and this story?
this isn’t an ad for bitcoin since they could seize that too.
totally f#'t use a bank. terrible, awful, unconstitutional laws allowed this but also who rolls around with 86k in their car to buy a house??? wire that shit. it's worth the .
i still think we need bank.
he shouldve talked to a realtor before carrying all that cash around. we wouldve advised that “under the mattress” cant buy a house. irs
he should have complied...can he prove he had 86,000 in cash?
who on sane brains goes about buying a house with cash in a bag, ... and with 87k on that notice ... this is screaming "take it away from me" in a land with civil forfeiture laws.
wtf was he doing with 87k in his car. seems dumb to begin with
the dea does not just pull people over. this dude was clearly under investigation. what's the rest of the story here?
surely there is more to that story
they don’t have bank wires where he’s from?
people, why are you getting bent out of shape over a meme. people can write anything in them. op needs to provide legitimate articles to be taken seriously. this is like clicking the sponsored ads at the bottom of a web page.
the title of this post is somewhat misleading. this guy would have been a lot better off if he were traditionally banked, and not 'self sovereign', as he was. if he had a paper copy of his private key in his car, the result could have been exactly the same, if he told them that he had it, or if they found it. this is an actual threat to crypto, once the authorities get more savvy on looking for, or asking about if you have it with you.
some of you are just delusional
i would love to know why he had 87000 dollars in cash. that is a weird thing.
why didnt he have his money in bank? life savings made on drugs :d?
except... they did give it back, last september. edit: lol, typical r, you'd rather be mad than right.
the dea doesn’t just randomly pull people over. i want to know the rest of this story.
trash meme does not note that he *did* eventually get his money back. it involved a lot of drama, but he *does* have his cash. '
so why did they take it though? was he a drug dealer? if so then it was possibly warranted.
this is literally just as messed up as the canadian regime confiscating bank accounts, honestly gold and bitoin is a counter
bot jf you use nexo lol sly buggers!
if that was by accident, it was one hell of a coincidence. i doubt it was by accident. since banks are required by law to report 'suspicious' activity, i am 99.9% confident that the bank reported his withdrawal to fincen who then contacted local police, who then hunted him down with the intent of confiscating the money they knew he had. how does any of this even happen in america despite all of our constitutional protections? we might as well not have a constitution.
yeah, police raided wrong house. home owner had a safe. money in it. cop took it. he had to prove it was not illegally gotten. how the fuck can you prove 20k, 5? us is a shithole, third world countries have more rights and better living conditions. ffs healthcare is still not free in the us... holy fucking shit... iran has free healthcare, children get gun down in schools and nothing is done because guns have more rights than people do in usa. i cannot picture anyone wanting to live there.
am i the only one thinking there is probably more to the story than it seems?
[i highly doubt it](
ohio actively does this…
if they can take our cash at gunpoint they will figure out a way to take our virtual currency. if our government wants something they will more heaven and earth to get it.
high end crypto wallets like keystone, bitlox, and ellipal titan have hidden wallets. so you can actually make a dummy wallet and throw a extremely small amount of your coins in there and have the rest of your portfolio in the hidden wallet. that way if this happened you could just show them the dummy wallet and there would be no way to tell if you even have a hidden wallet
cashier check...of course they would confiscate that much cash until you can prove where it came from especially if your a normal person and not filthy rich
that’s why i’m planning to have my retirement savings on finex
casual 80k on the backseat.
why did they take that amount? given this is a bitcoin sub... was it bictcoin? anyone want to elaborate?
as much as i would love for that to be true. we will not be bank free soon. most population still needs to change their view of banks. plus big push back before that even happens
this guy got shafted flying with cash and was never charged with a crime.
why did they take it exactly ?
i really don’t know how this is a “pro bitcoin” post. if he had it in a bank account he still also would have gotten to keep it
i get the sentiment, but what do banks have to do with this story? just a guy, some cash, and some cops. no banks involved.
why was he driving around with that much cash? im not blaming him just wondering.
need more context lol
funny, he looks like one of those characters who always seem to die in hollywood movies.
well you see the money is actually a person, so they’ll arrest the money until it can prove itself innocent
“land of the free” is a myth, more or less. some are less free than others, but none are free.
🎶 livin in america🎶🎶🎶
since when does the dea do routine traffic stops?
he was a marine too?!?
i know this sort of thing happens but i dont think the dea works like that. the pulling over of random people part not the taking you money without evidence part.
until dea takes your ledger and shoots your dog that has the seed phrase on its chip
10k by end of this year by the look of things bear market be real
where did he get money from? if it’s from bank to cash, he has right to prove it... if he can’t proof where it came from... then i don’t know
so why did he have 87k in cash ? why would anyone have that much cash ? is anyone really telling me nothing shady was going on? i rarely carry cash and i haven’t wrote a check in years. even my kids high school activities are paid on the internet with a qr code.
crops are looking really good this year.
here is the [article]( explaining what happened
abolition of police is so hot rn
america is a fucking joke. i hate it here. caf is a law designed to penalize people that do not want to use banks, because, you know - they must all be drug-running, money-laundering criminals. you find hundreds of stories just like this with a quick google. i remember one where a two men were visiting an out-of-state casino for a big poker tournament and had + seized. dude, they were professional poker players. that's called a bank roll. casinos accept cash, cash, and sometimes cash. also, people should really read up on their rights. you do not have to consent to a search, and you should never, ever talk to a police officer. if you are arrested you have the right to remain silent, use it. everything you say can and will be used against you, and in an ironic twist, cannot be used for you (look it up) - so shut up and do not let them search your vehicle or person.
lmao yeah instead of dea taking your money, which is rare as shit, it will be a stranger on the internet taking your money as a daily occurrence.
how do you just get pulled over by the dea though? sounds like there is more to the story.
this is more of a specific shithole country problem rather than a currency problem
when might takes over right money takes flight.
yes. no need for banks when none of our money is worth anything.
you better swallow your bitcoin wallet if you get pulled over
yeah, you guys are the answer 🙄 jesus
all this talk about supporting the police. how about the police not engage in criminal activity- then they learn respect. end the war on drugs.
well there’s an internet graphic about it so it must be true
this type of stuff is not new. all kinds of police departments seize legal cash not just the feds
if dea seized that money they most probably were able to prove they were illicit drug proceeds. or as in many cases, they simply say it is no theirs and abandon it, simply so they wont get charged with money laundering. i am sure there is more to this story.
lol bank free my butt. they would not give up power over money. if they can tax it and ban it than it is not decentralized.
that's all not how to buy a house! who here bought a house with 90 000? wtf, looks like that money was for something else, most likely illegal.
holy shit this sub is full of trolls!
why was he pulled over by the dea?
this post is slightly misleading. the dea did not pull him over, it was the nevada highway patrol. and he has now received all his money back (albeit after suing them). [link here](
i already almost bank-free. i hold all my savings on finex and crypto wallet.
they immediately gave him the money back after he sued.
i watched a video on this it’s completely insane. they pulled him over for driving the speed limit it’s all on youtube.
heard about this when it was first reported. i gotta be honest the guy was idiot for driving around ca with that much cash. f 12 tho.
this looks like a fucking ad for bitcoin lol, can you even buy a house with bitcoin? can't even go tesco and use it
he sued and got it all back on december 3rd according to google
this is why there are cashier checks.
this why i lock shit in glove compartment and hide glove key somewhere in car only i know. go ahead and open it, i am not giving you a reason for a warrant so good luck.
that’s why we have bank accounts and don’t deal dope
i watched a video a few months ago kind of related to this. this man was traveling with at least 250k in a bag. he didn’t trust banks. unfortunately he got pulled over and the money was confiscated. he was on his way to go visit his daughters because they had just moved. he pleaded with the cops to let him keep his money because that entire bag was his life savings. the cops only gave him back like . i believe he’s still fighting this in court. i doubt he’ll get any of that money back.
paying for a house in cash. did he have the tax statements to prove he made the money? there has to be more to this story
no we would not be lmao
the dea don’t pull people over …there is more to this story he was under surveillance for sure. 🧐
the title does not even make sense. they seized his money specifically because he was not using a bank.
he got it back most people do not
fuck the dea. dude is pretty bold for having all that cash on him too. pretty fuckin risky
so what about floyd who carries a million in his backpack?
i think he got it back in the end. took a long time
rico laws need fixed.
not from us - but why does this happen and why is it allowed ?
what do you think this little tale has to do with being 'bank free'?
i mean, if he had it in a bank they would not have taken it, they took it because he had it in his car literally. how are banks and cryptocurrency any different in this regard?
sooooo... "not your cash, not your cash"?
one: civil forfeiture is indeed corruption writ large. two: yes your asses will indeed be bank free when the coin market is done with it is dope-a-dope and you're left holding that lovely bag of nothing
land of the free, do not exist anymore, all rights and freedom has gone out the window .
very good bit by vice on the subject:
a bit of post contextualization would be appreciated
wth, i am down for removal of banks, though i am not down to spread propaganda. he did get his money back, fairly quickly as well. i watched the entire debacle on youtube many months ago. it was filmed.
how did he earn the money? is he legal? did he pay taxes on it? there's got to be more to the story.
this example shows how a men becomes a murderer.
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it's because cash ... why the fuck would you carry so much cash, i get it is legal and civil forfeiture sucks, but in all likelihood this cash was not legally obtained or spent. nowadays you can send that kind of money by clicking a button... it's hardly an argument for bitcoin since it is competition is not actual cash except for criminal transactions.
1.35kg of gold, or even ₿2.40 inside a light hardware wallet. cash is too bulky in large amounts.
dude is a veteran too
what did this guy do?
that’s y we all need to stand up the government is few people we out number them by millions with us they have no luxurious life an have to get out of that desk it comes at a cost but eventually people will think it’s worth it they fail to realize this nation is built off of medium to low class people with out us they wouldn’t have anything to dictate stay woke
how is that possible
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probably wasn’t for a house. sounds like “holding it for a friend”
whiskey tango foxtrot, we are being boiled slowly.
but i thought paper dollars were the best ‘risk free’ asset?!
what does the head of the dea say about this case? why is not the media looking into it?
why do you need ? why wouldn't you keep it in a fdic secured bank account?
doubt they would have seized a piece of paper with a bunch of random words on it
this story is terrible look up the video of this interaction... this guy is a combat veteran. he did not trust banks etc. now he does not trust his country. he had proof of where the money came from had receipts etc. too bad he did not know about bitcoin to avoid all this bs...
this is criminal. to steal a man's life savings which was the money he was going to use to participate in the american dream? wtaf.
this is why you should keep money in a bank, not in cash in your car lmao
this has nothing to do with a bank. he was carrying physical cash. if he was carrying a device with his bitcoin private key he could have the same issue.
give me a break. no chance he was going to “buy a house with it”.
wow sucks for that guy hope he got it back ?? this is true…. one time i asked for 10k at the bank in cash to buy an engine for my race car and they didnt have it to give to me lol they said they didnt have enough to complete banking operations if they gave that much cash out lol
dumb as fuck to have that much cash on you cause it is going to be looked at like something criminal... but it should not be this way people should be able to have their own money if they want and not need to use a bank 💯💯
legitimate people would wire transfer when purchasing a house. i purchased a 200k home in 2018 and wired the whole amount, banks did not give me any issue since the money was legit. seem more to the story. 87k to purchase a home in ca? lol bs story. i like crypto but these stories are bs.
i do not understand why some one would ever travel with that much cash, does not matter how much you do not trust the banks the risk of travelling with that much cash is insane.
man what a thiscount today for dca.
and if the dea take your hardware wallet and throw you in jail, or take the wallet and your backup seed, you’re still screwed.
you can buy a house with just 89k? cool story bro.
who the hell keep their life savings in cash other than 98 year olds?
actually he got all all his money back, 5 minutes of research proves this. nice try. good old internet liars strike again
so much wrong with this: 1. why do you need to drive around with ? 2. if you do not "trust the banks" to hold your , not the banks. 3. getting pulled over at a traffic stop does not mean you get searched. i'd bet 90%+ of all traffic stops end with a ticket. it's not really rocket science to avoid getting searched. if you're smelling like weed, trunk of the car is loaded down low with gold bullion, driving with an expired registration, etc yeah, you're more likely to get searched, but all of this is not hard to avoid for the millions of law abiding citizens. 4. if this person cannot manage , how do you think they will manage bitcoin properly? 99% of the posters i see here are talking about finances like they do not know how to manage them. all the "get rich quick" and "shit on banks" memes we see here is actually extremely concerning.
tbf, clearly mexican mafia
i keep reading about stuff like this, and it thisproportionally happens to minorities. shame on rogue law enforcement
this is why defi is important. why are we transacting in cash? why do we use centralized exchanges, and banks? defi is the future. in the future i am going to buy my house with gamma. why do people let the banks make all money off their hard earn money. at planet finance, you earn! terraluna is partners, will have aust soon for extra high yields. check it out.
mods delete this. i’m here to read about bitcoin. not some paranoid drug dealer who doesn’t trust banks
so he had a felony and a warrant out? his “life savings” was stolen or drug money? feel not bad for him.
who carry’s that much cash on them… if you have a withdrawal from the bank or proof it’s yours your good. otherwise your like the hedgies, fuked!!
he was gonna pay cash for the house? who carrie’s that much cash? 🤷🏻‍♂️🤦🏻‍♂️
even if everyone has bit coin and the banks are no longer, the government can still look at your bitcoin transactions and take that bitcoin. also if bitcoin was the only currency that would be horrible. because bitcoin is like a stock just on the block chain. it goes up and down in value while money in a bank sits there and sometimes collects interest. it wouldn't make any sense. also by the way, i'm not hating on bitcoin nor do i not like it so do not say anything like that.
a fool in action lost his drug money and rid of banks? a fools dream.
i just looked it up. i wonder how so many us citizens take pride in their freedom when laws like this exist.
wait until you see that arrested for any federal offense means you forfeit a dna sample and to have it removed if found not guilty, you have to pay the legal fees to sue the government.
have you seen the ridiculous power judges have to convict people of 'contempt of court' and sentence you without a jury? [ didn't view the surveillance footage to see who started it, no jury just ask to gather everyone over there and give them 30 days in jail. its absurd we give judges this much power. [ ( do not marry someone with mental illness lol - but 20 years contempt of court is a bit ridiculous ) a sentence that serve cannot be arbitrarily handed out by some power tripping judge - it should have been proven in front of a jury that he was hiding the money
absolutely, and it needs to go away for good!
when i first heard of it i had to look up more on it thinking it could not be right. but no, the police can take your money and property for being "suspicious" and not give it back, and then sell.
no shit, you try and take my life savings for the house i was trying to buy my family it is a death sentence. and you know if i tried to steal from you, i'd expect you to do what you gotta do too, do not let me or anyone else (especially the gov) take your shit. we're all just waiting for a good time to pop off to tear them out of dc anyway since the trump clan could not get shit done
cops are the real criminals.
only if you think the rules are meant to protect the citizens. otherwise it all makes sense.
can anyone explain to me how civil asset forfeiture *does not* violate the 4th, 5th, and 6th amendments?
agreed, but to be clear the problem is the ability to seize property, this issue had nothing to do with banks.
it's actually been happening alot with money made from recreational marijuana sales being transported across state lines shits nuts
sounds like russia... 0.o
i agree man, this is like a legalized theft by the feds.
almost as crazy as the annual multimillion dollar crypto thefts
only after the story went national.
hope they gave him interest... i'm sure they did not
how long did that take and how much did it cost him? did he lose the house he was going to buy? did it negatively affect his life in other ways? how many others did this happen to that didn’t get enough press to get their money back? “the law holds that it is better that 10 guilty persons escape, than that 1 innocent suffer” should apply in this instance as well. civil forfeiture is theft, pure and simple.
they seized it on april 19, 2021 and the motion to get it back was not filed until the end of august. i'm not sure when he actually got it back, but he had to get a lawyer to help him.
they're not giving back the part they took with inflation
the one thing i don’t get, that really makes no sense, is that the article says the pd engineered a traffic stop and then went on to lead the conversation towards cash etc. straight away. so the article is implying the cops knew he’d have cash on him because somebody knew him - which makes no sense as there’s no mention of him knowing any of the cops - or they knew some other way, like someone at the bank tipped them off.
atleast something positive came out of this shit. i'm glad.
thank you, i was going to say this too. obvious misinformation should not be coming from and should be fact checked by a community that is encouraged not to trust, but to verify.
i thought i was already aware of this event, but this is way more recent than the one i was familiar with. how often does this happen?
quite right. it's the result of the [comprehensive forfeiture act of 1984]( sponsored by then-senator joe biden.
yeah they can take other shit to not just money. they'll take cars houses land whatever the fuck they can get.
if he put 86,000 of cash in a bank it would be the same situation. if you watch video, he explains why he did not trust banks.
who emitted the banknotes?
i believe op did not mention that he do not believe in banks
exactly. the hope is that soon we will be free of such abusive governments...who, by the way, create all the problems with banks which most people love to hate.
but it wouldn't be possible with bitcoin tho
idiot who get their information about banks from other idiots
people with a lot of physical cash. draw your own conclusions. nobody goes to the bank, withdraws 90k, then drives to a legit broker.
waitresses, strip club owners,grandmas, this guy
it was, he stated he doesn’t trust banks so keeps his money in cash. if banks wasn’t so fucked up people wouldn’t have a problem trusting there money being in there
i mean…is a cluster fuck. everyone’s in bed together. i also thisagree with you. if he trusted financial institutions he wouldn’t have withdrawn all his cash.
yes, because he had cash, the bank and irs would of took it. when you have that much cash the feds assume you got it illegally. it all starts with the corruption of the banking system, they don’t need your cash because they make it out of thin air with loans. edit- someone that has the much cash clearly doesn’t trust banks since after all he wasn’t getting a mortgage, he was buying cash , someone like that wouldn’t be a candidate for a loan. since the bank won’t ever make money on loans, they don’t care if the money gets taken from him.
you kidding me right? this cannot be true lmao. you're joking.
that was before the bitfinex hack
they're using our own money to use against us. that's ducked.
tax evasion? money laundering?
i don’t know but it’s supposed to be a free country for him to do so. guess not huh…
lol, that is the only thing that'll save us. because they will take the money.
they can attempt, it’s not going to happen.
it's not just america, it happens on many places like that dude.
somebody else linked [an article that provides context]( the victim did not trust banks, and there was a recent series of break-ins at his parents house (where he kept his life savings). while the victim's parents were out of town, he made a trip out to california to see his kids. victim did not want to have his life saving stolen while he was out of town, so he kept it with him in the trunk of his car while driving (along with all the bank receipts of record). then he got stopped in arizona for passing too closely to a semi. he informed the officer of the life savings and the officer called in a drug-sniffing dog, which is bullshit because everyone knows there are traces of drugs on something like 90% of all us currency. good news is that he got the money back!
because he was an idiot
to go buy a house cash
you're suggesting that the us is the only place where government?
who's saying that it had anything to do with the bitcoin tho? no one.
pretty sure canada is civilized, maybe not anymore.
he did not trust banks which is why he had is money in cash. put ,000 in the bank and see what happens.
20k? that's not even a that big of a amount dude. it's ducked.
it was local arizona law enforcement that pulled him over initially. dea was not even present at the scene. the local police brought out a drug dog and it got a positive match on the life savings in his trunk (because, duh, 90% of all us currency has traces of cocaine or other drugs on it). that was their justification. the local police stole the money and told him to contact the dea to get it back. an article with more info: [dea gives former marine back life savings](
it depends on us, we gotta evolve fast to do that. if we wanna do that.
this is literally shit, laws like these needs to go away dude.
whenever you encounter a cop, shut the fuck up and do not consent to anything. have you seen this particular video? he gave consent to look in his car, he told the cop he had the money in there. even if the cop asks 'any large amounts of cash', it is not up to you to interprete what large is to him. "i do not consent to a search of my vehicle or my person, am i detained or am i free to go?" ' "if you have nothing illegal there, there is no need to refuse the search of your vehicle, sir." ' "am i being detained, or am i free to go?" ' "i can get a search warrant to search your vehicle in no time." ' "am i being detained or am i free to go." ' "if you are not collaborating, i can make this a lot harder on you than you can imagine." ' "am i being detained or am i free to go." ' "i can arrest you right here if i need to." ' "am i being detained or am i free to go." ' "just let me have a quick look in your vehicle, and i will let you go." ' "i do not consent to a search of my vehicle, am i being detained or am i free to go?" ' keep going, no need to be nice, just be cordial and firm. don't insult the pigs, but do not potentially incriminate yourself either. ' if the police stops you and says "good evening madam, how are you doing tonight" you answer politely "hello officer" nothing more. he will say "you know why i pulled you over" (fishing for anything you might say that could be illegal or suspicious). you answer "no" even is you're fully aware that you are drunk with a stolen vehicle without lights doing twice the speed limit. you do not know why he pulled you over. it might have been because you ignored a stop sign. you can not know what the officer thinks... ' '
i hope that too man, the guy did not do anything wrong in my opinion.
the meme is incorrect on that part, the dea didn’t pull him over
well atleast something positive came out of this. that's good.
too many people who've been victim to civil asset forfeiture do not.
because the dea took all of it and refused to give it back.you think having you’re whole net worth taken doesn’t hurt you. that’s like saying” well he went to prison but they released him after they found new evidence” the damage is already done.
did he? my understanding is that the case is still pending. [ [
this. i'm ready to rage... but i refuse until i have proper evidence
yeah someone said earlier that he didn’t want it stolen from where he was keeping it so he took it with him and kept it in his trunk??? sounds a little off or just plain stupid to me
ok, so it’s ok if people steal your money temporarily, got it. luckily he wasn’t wrongfully imprisoned too. that would be fine with you too as long as he got out. i’m sure having all his money taken away did not hurt him financially at all, all fine.
in the us the police can take anything from you. literally anything.
because people like you assume someone is a drug dealer when they have large amounts of cash.
he regularly withdrew his direct deposit pay and usmc pension from atms over many years and kept it at home with the receipts. [
ask people in ukraine right now if they would like guns.
can you explain more how it works. because i can imagine that they might also know that it has hidden wallet.
never realized you could get a cashiers check without a bank, you just go to the supermarket and they give you one lol?
civil forfeiture. police have the right to take cash if they suspect that it could be ill-gotten gains from criminal activity. they abuse this power greatly.
if i remember correctly the reason he did not want to put it in the bank is that he was behind on both his taxes and his child support.
his job and usmc pension, all receipts were present with the cash at the time of the "traffic stop."
he does not trust banks, nothing shady at all, except for the civil asset forfeiture and equitable sharing program, where your money is guilty before being proven innocent and the feds launder the stolen proceeds for a kickback. *edit: spelling*
my bitcoin are not on the internet to be taken
he was pulled over by the nevada highway patrol in a civil assist forfeiture target zone and the assets are only laundered through the dea. state and local cops take your money and submit it to the feds, so when you demand it back the locals say we do not have it -- talk to the feds; the feds make it prohibitively difficult and when it is all said and done, give the money back to the locals for a cut. it's a total scam and literal highway robbery.
there is no risk free asset. the lowest "risk" asset is probably the t note.
tell that to people in canada. a bank does not mean your money is safe.
bank emits banknotes. dea finds suspect to have a lot of banknotes. dea does not give a shit about your usb key.
that's normal. i was once width drawing cash from my branch and they told me that they can only give me 3 grand on that day. this is so they do not get robbed, you got to either go to a central branch or order in advance.
did you go to their smallest branch? usually this can be cleared by their larger branches. friend of mine was a teller in college and he cleared a quarter mill withdrawal with 24 hours notice at a mid-size branch.
i hope you don’t bank with them still...
you should have started repeating what they told you really loud in the lobby in front of everyone and outside as well. they would have pulled it for you immediately, lest you cause a bank run...
you think people that own strip clubs’t buy houses with cash
yea not the smartest thing, but you should be free to do with your money however you want. if you go to las vegas on a friday night you’ll find thousands of people driving around with money like that.
yea not everyone lives on the east or west cost
how do you put ,000 in the bank without driving, don’t you have to actually drive it there? obviously he was in the right, because not only did he get his money back, but they settled a suit also.
he had proof on him had slips from cashing all his checks in military. they still forfeited it
stephen fucking lara does
american "freedom" has been basically a myth since the whiskey rebellion 😆 abe lincoln locked up people without due peocess, suspended habeas corpus due to rioting and militias on the union borders(deja vu); fdr made it illegal to own gold(some was confiscated and some were paid less than it was worth).
so you think the citizens control abuse of power? interesting 🤔
because if it has not happened to them then it is not real. the only power authority has is to give you a speeding ticket in their eyes. either that or "maybe he should not have broken the law and complied" or "maybe he should be able to show where he got his money"...anything to blame the victim, until they are a victim.
people are selfish. they do not actually care, they only yell about "rights" when they are personally inconvenienced.
what freedom? any freedoms we've had have been amended and rewritten into laws.
imagine he was going to the hospital with that cash to negotiate his family cancer treatment bill.
lol what freedom. actions speak louder than words
laws like this exist in many countries. i do not even know if you're trolling or not. civil forfeiture has its roots in maritime law that we inherited from the brits. this does not mean i support how they have used this to propagate things such as the war on drugs, like in this photo above. but to act as if it is mere existence is somehow ridiculously unlawful is silly. even the eu has provisions so they can take assets without a criminal conviction. these laws are mainly directed at criminals, but of course govts will use them to overstep bounds, which i do not agree with at all.
cause they are short sided and americans in general prefer punishment over rehabilitation. so of course this police power gets abused. but now its about the cruelty and thinking it won’t happen to them.
because they believe the best that america is the greatest country in the world and we're just so free and all that bullshit. look around homie, it am not true whatsoever
people in the us are rarely in agreement about such. and as much as being on reddit would have you believe, nuanced beliefs do exist, we do not have two sides of anything. that is to say, there are a _lot_ of people against asset forfeiture, it is a tool of the failed war on drugs. we're just still working through the kinks.
many of us do not, but unless your prepared to fight government and the brain dead zombified half of the population then you're not likely to change anything.
stupidity, their literally idiots.
the amount is probably equivalent to the amount of people who actually understand civil forfeiture and how it works.
some things are just fucked and it is one of them for sure.
because 90% of us citizens are ignorant of it. they just don’t know that this type of state sanctioned theft occurs. they don’t realize that they could lose their property with no due process. if they did know, i think we would force a change to this unjust law. that is why those of us who do know must spread awareness.
overall it is better than most, no?
yes because obama legalized propaganda during his reign of recession. now 60% or more of our nation is believing something false or has their mind filled with made up garbage meant to divide and conquer.
it's about the foundation america was built upon, not what banks turned it into.
it’s at least the only country on earth with freedom of speech. name another country without blasphemy or hate speech laws.
just because one incident happens and then gets publicized does not mean its the norm. no, people in the us do not regularly get things confiscated for no reason. welcome to the internet, everything is clickbait.
pretty soon it would not matter anymore. dna collected from thistant relatives is able to identify yours, so if they have a few points of connection they will be able to get you regardless.
and those lawyers am not cheap man. they charge some money.
agree dude, this shit needs to go away. we do not need it.
just goes to show how much the cops , dea and fbi steal . they call it asset forfeiture
yup. you gotta fight, for your right, to... x-y-z!!! 🎼
> shortly before lara's story went national try reading the article
[did this one go national?](
it sure must have affected his life negatively. no questions about that.
not everyone gets a national headline story for their case to get their money back though, and that’s the point of his story, to highlight those like him who never get their money back from the government’s legal theft programs
that means the offer to buy the house probably fell through for them. :/
good thing he was not planning to buy bitcoin, or the government would go bankrupt.
way too often. there are a lot of legislation trying to end it. some states are more successful than others at stopping it
that’s old law. federal civil forfeiture is governed by cafra from 2000.
but the news told me biden was the most progressive lefty since marx... whaaaaa????...
if he put the cash in a bank they wouldn't have found it in his car and suspected him of drug trafficking.
and how did that work out for him? he’d have his money if it was in a bank when the cops pulled him over.
they're surely taking them too, it is not like they are not dude.
a wire transfer wouldn't suffice? i am just saying i would be so nervous carrying around so much cash.
makes sense. logical? maybe. i do not even like to hold .
money gone?! bitcoin! someone steal change from your jar?! bitcoin!
this sub has just become a gateway for doomsdayers to push their propaganda honestly.
that's what people do here lol. they go all the way downhill.
> it was, he stated he doesn’t trust banks so keeps his money in cash. i mean, that is a pretty dumb reason to have your whole life savings in cash in your car, so you gotta be suspicious of an dumb and uninformed reason like that.
how is it the banks fault that he’s scared of them? and just because he’s scared of them doesn’t mean that his fear is correct.
except savings accounts are insured by the government so there is literally no risk of you losing your money. this guy's just an idiot.
imagine being a person who thinks banks are fucked up. only people who think like this are people who don’t know how money works, criminals, or doing stupid shit to get their accounts closed
if he had a physical bitcoin wallet on him he probably would have just turned that over too because he’s a dumbass who doesn’t know his rights and trusts pigs too much, that’s why it wasn’t just a bank problem.
i mean he should have trusted banks atleast with that money.
you clearly have no idea what you are talking about. banks make a ton of money on mortgages.
banks and the irs don’t take my assets. though there is an explanation for how i got those assets. i’m assuming this guy just magically “found” ’t want to say how he got it, which is why he didn’t put it in a bank? or did he have a legitimate source of the funds? if the latter, and he was just paranoid, i would be in the courts.
until they put you in jail for contempt of court for refusing to turn over your wallet and you sit in there until you cannot handle it anymore and cave to their power.
if it’s on a physical wallet, then yes, it can absolutely happen.
> he informed the officer of the life savings and the officer called in a drug-sniffing dog, which is bullshit because everyone knows there are traces of drugs on something like 90% of all us currency. why do you need to even do that? when you get pulled over for a traffic stop, i bet you 99% of them you just get a ticket. if you're getting searched you're doing life wrong.
tbh that behavior is shady and they were right to confiscate the money. also right to give it back. probably wrong by how long it took to determine no pc.
people should be able to do that. there's nothing wrong in that.
that’s not how you buy a house. you don’t drive around with the full amount in your car and just show up at someone’s door and offer them cash
no, that is what cashiers checks are for. no self-respecting real estate agent is going to take a pile of cash to the bank and have to do the explaining for you.
the only western one, yes. and yes, including canada.
enough of this shit. there are protests in canada everyday. truckers weren't protesting they were blocking the lifeline of the country. maybe the fisherman should go blockade a commercial port next time they are upset? farmers should blockade a nuclear reactor? should university students turn on signal jammers at airports? maybe indigenous people turn off the gas pipeline?
the whole thing about the truckers is completely blown out of proportion. these are not legal protests. and you and so man others on here are using the new legislation to justify your anti government agenda. the canadian government has a right to protect itself from foreign influence. for fucks sake, there were people in those protests waving confederacy flags... you do not trust your government? okay, then change it, but do not project your anarchy world view onto bitcoin.
what happens? it sits there?
even answering “no” to the question “do you know why i pulled you over?” can and will be used in court against you.
>ok, so it’s ok if people steal your money temporarily, got it. luckily he wasn’t wrongfully imprisoned too. that would be fine with you too as long as he got out. i’m sure having all his money taken away did not hurt him financially at all, all fine. ' everything in your above quote is a lie. people like you are making this sub a dumpster fire. you put up a trash meme with intentional omissions as a lazy karma grab and are being called out on it. it's as simple as that.
look up hidden wallet features on hardware crypto wallets. essentially you have plausible deniability. it is impossible to know if there is a hidden wallet created on a hardware wallet. the only way they could know is if you told them your secret pass phrase for that specific hidden wallet. each hidden wallet will have its own separate passphrase. you cant see it as an option at all until you enter that pass phrase.
lmao, if that actually is the case, then the only bitcoin support this would be is supporting the fact the bitcoin is good for criminals, which we obviously do not want
great currency you have there that you must keep in equivalent of sock under your mattress
i have multiple canadian bank accounts, and they’re all fine. as long as you’re not participating in illegal demonstrations, there is no problem.
they might not care now, but they could going forward. other parts of the federal government are certainly very bitcoin aware.
um, banks and deposits are insured by the fdic up to . it's required under sec. they lied to you.
that has more to do with notice than branch size.
he gave notice, the bank made arrangements for the cash to be on hand. many banks do not keep large amounts of cash on hand, they keep what they determine they will need for an average day.
> people that own strip clubs’t buy houses with cash correct. cash heavy business constantly deposit revenues. keeping large amounts of physical cash on hand is an incredibly risky business practice, and it is much harder (often impossible) to pay business expenses like taxes, rents, creditors, most salaries, etc. using physical cash.
most people do not get ,000 in one shot like that. also if i were getting paid ,000 for a home or car, i'd make sure it is done at the bank with a cashiers check at the minimum being drawn from the payer's account in front of a teller. ,000 takes time to accumulate and to build up savings over time.
wrong. they *do* take advantage of people who don’t speak english fluently or those whom they think don’t know their rights.
his lawyer should be able to get it back then.
he’s a dumb ass. how’d that work out for him?
because the many, don’t care about the problems of the few. because we don’t have time, because our own problems take up so much of our time… this is by design, not by accident. designed by the opportunistic nature of our own psychology. i could write a book about it.
yep, some people just do not take them seriously. we need to.
you forgot racism, let us not forget about racism
a little less than half, then the gov't jacked up the price of gold.
well cannot say that i thisagree, this is accurate tbh.
abe lincoln was a fucking tyrant. i do not know why history kisses his ass so much. completely understand why he got ventilated in a theater afterward.
laws exist, that does not mean that they should steal money.
my comment was directed at the people who buy the narrative of american exceptionalism and think that there is more freedom in the us than other places in the world. if there are laws like this outside of the us, doesn’t mean that this law is not unfair.
we had some issues with british law, even british maritime law... it got so bad they even burnt our shit before begging off. caf is not something we inherited at all. our federal government was formed with enumerated powers, all others being retained by the states and. then just to make sure things were perfectly clear, the 5th amendment was added with the bill of rights, and to make doubly clear we later had the 14th amendment to make sure everyone knew it applied to the states as well. 5th amendment >\[no person shall\] ... be deprived of life, liberty, or **property**, **without due process of law** 14th amendment >nor shall any state deprive any person of life, liberty, or property, without due process of law so yes the existence of caf laws are ridiculously unlawful.
please point me to these eu laws.
then everyone will understand why it was so stupid that they willingly published their family network along with facial recognition images on social media. go ahead, publish your family genealogy.
it is a huge problem and it must be stopped!!!
iirc, florida is one of the worst places for this because of all the drugs that come in by boat and then go up north via one of the major interstates. saw some documentary once about all the shit that one le agency there had “confiscated” from people by stopping them on the interstate and it was insane. their particular jurisdiction had some law on the books saying they could keep it, even if they found that you were not actually guilty of anything. hope that’s changed but man, it was pretty infuriating seeing all the shit they stole from people who were doing nothing wrong.
no, it is your job as a human. your interest in crypto just signals to us that you already believe these values.
yea; it’s almost like they were monitoring the story as it grew in popularity and then after they caught wind that the story had grown enough to go viral they finally tried to save face and do the right thing... almost like they would have continued to hold the money if they could, and did until the imminent threat of a national story became undeniably credible... edit; here’s a quip from the article you accuse others of not reading. it happens to be from the the same paragraph you cherry picked from and **you left out the part where they explicitly say public pressure is what worked**; “**the good news is public pressure works**. the institute for justice has been instrumental in **forcing the dea to hand back money it has stolen from innocent people. the problem is, of course, that not every case gets this sort of effective representation**. and in many cases, the amount is big enough to matter to the people it is taken from, but not big enough to justify spending the amount of money needed to force the government to return ill-gotten gains. in this case, it worked. shortly before lara's story went national, the dea agreed to return his money to him. along with the ij, lara is suing to have the nevada's forfeiture laws found unconstitutional. but beyond the return of the money, securing a copy of footage of the stop is a crucial win. it shows exactly how these stops unfold and the machinations of law enforcement officers to take cash from people they allege are criminals, but who are apparently not criminal enough to charge with any crimes.” —————- so to make the timeline of events crystal clear for you; the dea and police were in court where the body can footage was being released that clearly shows fraud and criminal conduct by the officers and the dea issuing a false claim of forfeiture law. so they only returned the money after it was *clear they were gonna lose in court*, and chose to return the money before they officially lost in court and the story would have grown even more viral with an official court judgment legitimizing the victims argument. public pressure is the only reason justice was served.
sure. but what a coincidence. timing that well. i wonder how they did it.
not the first time this shit has happened though. not the last neither.
there was an elderly couple that had 100k give or take and they got suspicion of drug trafficking and their money seemed and never seen they were in their 90s :/
...because it makes them money and the people more controllable.
please do not leave behind the others senators
38 years is not a long time for a law!
american politics is kind of like a stage play, where the actors get up and shout and fight and run each other through with swords while the people watch. and at the end of the day, they all sit down and have dinner, and talk about how the show went.
all of them are same dude, all of these politicians are here to fuck us.
i'd love to see your reaction if this was a poc. hypocrite much?
he'd have his money in his car if the cops that pulled him over weren't corrupt shitbuckets. stop blaming the victim here.
or his account would of been frozen, shouldn’t be a crime to have physical money on you, and you shouldn’t have to worry about where and how you should store it.
the guy did not believe in the banks apparantly lol.
you should ask those canadian trucker idiots about how their wire transfers are working out
it is pretty stupid but that’s his choice and they have no right to seize all his cash without proof of ill gotten gains. i’m sure he served a long time in the army also
it sounds like keeping his money was going fine for him until the government took it. like literally it is only 'dumb' because they make it dangerous. maybe he is at risk of some crime from a civilian, but that is not what happened.
police is there to protect people from dangerous people breaking the law, not "stupid" people exercising their freedoms and not harming anyone.
not dumb. we all make decisions based on our experiences. i wouldn't judge someone who have had their bank savings stolen in a third world country and forever thistrusts a system. or even someone who heard stories about it.
the promise of liberty includes the liberty of making stupid decisions. what's strange to one person, is completely normal to another. stop victim shaming. if he wants to do something very legal but stupid with his money, it is his freedom to do so, without having to prove to the cops anything. habeas corpus was not even on the same shelf as this case.
yep, it is as dumb as it gets dude. he should not have done that.
"theres century old stories of bank runs on the bank so i will ensure i cant have financial freedom by keeping all my value in an ever deprecating asset of cash." i'm not saying what happened wasnt deplorable but his life will always be a financial struggle.
bitcoin was created because banks are fucked up.
nah, i mean banks are pretty fucked up. the way the system works is pretty fucked up. i worked at merrill lynch for 10 years, i know how money works, i do not think you do. banks do not take your deposit and put it in the vault, they loan it out and collect interest (which they do not pay to you) or make potentially risky investments (sub-prime mortgages) and then when it goes belly up, the government can either pay you back the money they lost, or bail them out with your tax money. banks are pretty fucked up.
just shut up buddy. government sheepling
do you know all your rights billy badass? what about all the laws? you ready to go toe to toe with armed dea agents on the side of the highway if needed?
what do you expect from someone posting an article like this and thinking banks are too dangerous to keep your cash in.
yes a mortgage is a loan. this person wasn’t buying a mortgage that’s why he had the cash, what planet are you on.
the guy took his money out of banks. was carrying paystubs and receipts proving ownership of the money. the cops got involved, a sniff test of the money tripped a dog, they called the dea and greenlit the seizure. i do believe he did end up getting his money back, after getting a lawyer involved, proving the cops nor the dea should have taken it in the first place. there's a few solid youtube videos with some lawyers that thiscuss what happened with bodycam footage. it's interesting to see. so before making broadclaims about what you assume that happened, investigate and create your own opinion on what did happen. cheers!
there are times when people fight a civil forfeiture but most people cannot afford the legal costs, so the police can just take your stuff (anything really) without a valid reason (they just have to suspect it not being legal, do not need to prove it).
thanks, my english is and spanish not so good. my russian is killer though.
yes because contempt of court is a life sentence?
most hardware wallets erase themselves after so many failed login attempts
well they can’t it’s mathematically impossible. that’s how bitcoin works. if the world depended on getting satoshi private keys or the world would be destroyed. the world would be destroyed. if i secure my bitcoin,only option they have is torture, which isn’t legal where i live.
some people just get searched for nothing dude. cops are not saints.
civil asset forfeiture is heinous but most of the seminal case law on our civil rights is based on actual criminals—was miranda a nice guy? i’m glad this guy got his money back but he made a series of bad choices leading to this (mainly, not trusting banks).
really so how do you get a cashiers check without a bank? this individual did not want to use a bank. that’s why he has the cash.
which direction is mexico?
well yes, the only thing people respond to is money. so yes that’s exactly what you do.
all politics aside. the truckers are allowed to protest. the canadian government is handling it completely wrong. it has truly shown how important it is to be able to control your money (have your own keys)
10k in cash gets an audit from the irs, his funds would of been frozen if not seized.
i've been subscribed to this sub since 2015. i do not recall it ever not being a dumpster fire. there are ways to access communities and people that provide alpha in crypto, reddit is definitely not one of them.
everything in your above quote is a lie, people like you are turning this subreddit into a dumpster fire.
more like it’s 4.8 quintillion light years away in a safe. yet i can still spend it instantly that’s bitcoin.
illegal demonstrations haha, you mean” as long as our dictator doesn’t deem your demonstrations illegal” and multiple people had banks frozen without even going to the demonstrations. im pretty sure communist canada can freeze accounts of anyone that sent them money.
each branch does not necessarily keep that much cash on location. they do not actually have your entire deposit sitting in their vault in cash (did you deposit it all in cash?). for larger amounts, banks need a day or two notice so they can get extra cash delivered.
even a small branch can clear .
it was a saturday … it was a main branch but a branch with higher volume in a smaller city so youd thibk theyd at least would have had 10 grand lol …. theres just some transactions like this that you must do in cash because some guys ordered parts to ship off someone privately and theyd end up getting scammed sending through paypal or the other sites like venmo and all id hate to be out 10k for a motor by paying online to someone privately
cash heavy business do not make deposits constantly not sure what america you’re living in. the whole point of a cash business is so you don’t have to do that. they should but they don’t.
i know people who own car washes that clear that in 2 weeks.
he did and is suing still
pretty good, he got more than they took from him after he sued and won dumbass
pffft… you don’t have the time to write a book. nobody has time to read it anyway.
then do it. write a book. call it, "somehow i manage"
that's the real problem, people should care about it.
well said. great analysis too, something we often do not even realize
i'd read that book
what do you mean by the opportunistic nature of our psychology?
write it and i shall read it. very interesting!
you should write a book about it
but that is trained behavior.
that's even a bigger problem, some still fall for those.
but he hunted vampires so he was also kinda cool.
he did take a stand against slavery though did not he
former nwa wrestling champion
murdered sioux in abominable ways as well. fuck lincoln.
ironic right? don’t forget his brother in law ran camp douglas that was much worse than andersonville , so much so that the site has been scrubbed and lost to history. they intentionally made prisoners suffer horrible torture. lincoln knew. even the chicago citizens were appalled and tried fruitlessly to help. he was no hero. told black people they should all move to mexico after the war. complete pos
any good documentaries that talk about his shitheaded-ness? i've up to this point just considered him the "freed the slaves guy" ...but only for more tax revenue. i'm kinda interested in any other dickhole stuff he might have done if it does not involve reading.
yeah i'm pretty sure if he could have eradicated the natives completely he would have. he sure did not hide the fact that he tried.
that's what happens, when tyrants pay people to write about them.
american exceptionalism is based on the idea that of all the countries in the world we are not tied together by ethnicity, race, or geography, but rather by our respect to the institutions which are founded on (dare i say it on reddit) life, liberty, and the pursuit of happiness for individuals. it's this foundation which has allowed us to grow to be the most successful nation in the world. having said that, it unfortunately does not prevent bad policies or bad government, especially when both political parties seem determined not to pursue it anymore. so do not give up on the idea of america, instead realize that the idea is put into practice by flawed people. that said i agree that civil forfeiture leads to legalized theft, just like no-knock warrants too often lead to legalized murder.
yep, us feels like my country in terms of freedom we have.
so the two "most free" places in the world are the eu and the us (plus au), this is not really up for debate (maybe you could include some of the wealthy asians, but come on singapore). these are the only liberal democratic countries just about. the reasons these laws exist are to thwart crinimals, who harm the general public. do governments overstep their bounds? no shit, the us has the biggest prison industry in the world, which i detest. we need drastic reform. but to act as if any such law is unlawful, and is only used unlawfully, is false. most countries that are not liberal democracies do not need rules to seize your shit. just because shitty sub-saharan country number 3 does not have a rule on the books does not mean they would not take your shit. but overall, looking at the spirit of how the law was used here in the us, especially in regards to the war on drugs, well it is pretty shit, no doubt. and i'm under no false illusion of america having greater freedoms than other liberal democracies.
also corrupt govts of many countries do not even need laws, they just take your shit.
let me guess, you think despite the line "all men " they only wanted protections for whites?
yep, but how do you control your attention-seeker naive third cousin whom you have not even met? it's a lost battle.
this is theft, and there is no doubt about that dude. it's theft.
but they protect us!!!
why? if you havnt done anything wrong you could sue and get it back + way more. if was in the wrong then it would’ve been justified
did they search your car before you were arrested? otherwise, if they searched it after you were arrested, then it was not an illegal search (search incident after lawful arrest to report inventory). as far as the missing items go, yeah...thats messed up
yeah, they are in the wrong for you driving drunk shit head
wrong, this has absolutely nothing to do with being a criminal. to be a criminal they have to prosecute you. here they are just skipping due process and taking your cash. you have to prove your innocent instead of them proving your guilty. even if you are innocent they can take your cash if you dont have a proper paper trail. such as working for tips or saving cash in your own home and then getting caught transporting. they will not return your money in these situations.
this story caught up, only that is why they returned his money.
that's what they do it dude. they wanna control us. that's it.
of course they will
which is yet one more reason why crises and public outcries for "there should be a law!1!" should never be used as pretense to rush policy through. the burden of evidence for a policies' efficacy (not only in solving the problem, but in avoiding unintended consequences and political externality or some short term power that would not be relinquished until it has plagued society for 50 years), needs to be way, *way* higher than it is.
yeah, you summed it up nicely i think. that's all this is.
i’ve never heard a better description
i know man. i'm not good at sarcasm via text.
last name lara... that is a person of color... you do not know too many "minorities" do you... lol.
yes. i mean is anyone arguing that point or defending the cops?
op is implying that if his money was in bitcoin, it wouldn't have been taken. but if it was in a bank it wouldn't have been taken either... if we want to talk about how dumb civil forfeiture is then this post had nothing to do with bitcoin.
so you think the street cops that pulled him over would have froze his bank account? i’m not saying it’s a crime to have cash on you. that’s obvious.
these are things these governments can do to us. remember it.
he also had receipts proving that it was his money
he got all his money back once it was proven that it was his. the government always assumes ill intent 1st instead of just monstrously stupid. but maybe they should listen to the old saying, is never assumed malice when it is adequately explained by stupidity
who are they protecting tho? police is really bad in my country.
a wise man once said: smart people learn from the experiences of others, idiots learn from their own experiences. he should have known, that it’s incredible unsafe and risky to keep 80+k in a vehicle.
dude banks using your money to give out loans is not some type of conspiracy lmao. it’s literally what makes society function. you wanna buy a house? you get a loan. you wanna start a business? you get a loan. wanna go to college? you get a loan. contrary to popular believe debt is a great tool for people, especially middle class people. yes if it isn’t managed correctly you can get yourself into a hole but when utilized right it literally give people some many opportunities that they otherwise wouldn’t have. its true that banks have done shitty things in the past. the 2008 financial crisis is what most people think about and yes banks played a large role in it but those were mainly investment banks not commercial banks, which are the ones that hold saving and checking accounts. also banks do pay you part of interest earned although it is very low right now due to the fact interest rates are low and they don’t need to rely on deposits to get funds.
so the banks had nothing to do with it? do you think banks are paying police to confiscate money? 🤣
did you read the last two sentences of my post and see the two scenarios i laid out as questions? self-righteousness is a severely unattractive and repelling quality in a person. it’s a great way to lose friends and not be influential towards people.
you can be held in contempt until you comply with the order of the court. it's basically a unilateral decision of the judge with almost no check on their power. "h. beatty chadwick (born 1936) is the american record holder for the longest time being held in civil contempt of court.[1] in 1995, a judge ruled that chadwick hid millions of u.s. dollars in overseas bank accounts so that he would not have to pay the sums to his ex-wife during their divorce.[2] he was incarcerated until such time as he could present .5 million to the delaware county court in pennsylvania. chadwick maintains that the money was lost in bad investments[3] and therefore he cannot surrender money he does not possess. although never charged with a crime, h. beatty chadwick spent fourteen years of his life in prison."
cool, so if that happens, the owner can recover it right?
civil asset forfeiture absolutely needs to be reformed. i do think this guy made a bunch of terrible choices and op seems equally as uneducated about personal finance.
it wouldn’t be possible to buy a home with that cash though. his reasoning, is all bullshit, but i’m glad he got his money. fuck the pigs.
you don’t need an account with a bank to get a cashiers check from one… also, there’s a thing called a money order. you’ve been wrong every time you post a reply here so i’d cut the losses and stop probably. quit pushing an agenda you’re ignorant about.
so you think it is a good idea for the westboro baptist church to turn on signal jammers and shut down airports? how bout they turn off the gas pipeline? cut the power lines at a nuclear plant? until the government says being gay is illegal? that's the thing every fringe group should do right? is it ok for russia to send them the money to do it? what about china?
it stopped being a trucker protest when racist, right wing nutjobs pivoted the protest toward trying to thissolve a democratically elected government and install themselves into power.
incorrect, a deposit of over 10k gets a sar filed. not a irs audit. before you spout shit go look up the bsa.
not true, you file paperwork, i do this regularly. do you actually handle any money?
no, please don’t spread fud
it was okay before 2013 before the masses got involved. there was real thiscussion about the tech itself. not an endless stream of meme shitposts. people were talking about how to mine, how to program apps using the apis, and generally helping each other out and having a lively thiscussion about it. then april 2013 happened and it became nothing but "moon" posts. it got trashed relatively quickly. by people like op. can you imagine going over to the linux sub trying to thiscuss the os and seeing nothing but tux memes and a bunch of goobers yelling about teh evil proprietary software? that's what this place looks like.
it’s in a sock under your mattress and also the only thing you can buy with it are nft’s lmao
yep, as they should. last time i checked, canada is a democracy. if you can’t follow the rule of law in a democracy, you pay consequences. but keep peddling fox news talking points, you’re doing great, sweetie.
it has nothing to do with branch size. banks keep as much cash on hand as they expect to need. a small branch that services a lot of customers who use large amounts of cash is going to have more cash than a small branch who services customers who do electronic and check transactions almost exclusively.
> the whole point of a cash business is so you don’t have to do that. they should but they don’t. maybe you're thinking of underreporting profits for tax purposes. depositing the cash needed for businesses expenses does not increase tax burden. how do you think cash based business do fica withholding, pay rent, or pay creditors? also, if you could find a buyer willing to sell you a house for physical cash, the transaction would still get reported (assuming the house was >) same as if you had deposited the cash first.
not often enough, and we all, including myself are guilty of it to some extent.
yep, that is the problem. people do not even realise and this happens.
that’s where the book comes into play. it’s a drawn out explanation of how our sociological issues are a result of our own psychological impairments, and not necessarily some cabal of bad actors, or an organized effort by the powerful. how we collectively and inadvertently design our social system to work in this unfair, unrealistic way based on our requirements and expectations.
we should do more than just reading, i think it is time.
tl:wr what? it would take up to much of my time 😉
that's my favorite documentary.
lol, i'll give him that. there's kinda a cool factor in that.
they didn’t abolish slavery, it just become cheaper to operate with machinery. that’s why they made everyone from there on out citizens of the corporation and no longer “citizens of the state.” we all become tax slaves.
he did not give a shit about slavery, he was going to start that war regardless. slavery simply became a catalyst to get more people on board for conflict. pick up the book "the real lincoln" if you want to know how much of a sociopath he was.
he took a stand against states' rights. i'm no expert, but i heard that england ended slavery peacefully by simply buying slaves from their "owners" and emancipating them. seems like the usa could have done the same without a civil war that killed 1million plus.
only reason was because he wanted the slaves to fight for the north.
that's the only good thing i think he did. nothing else.
i've heard about this dude. this theory even true tho?
this sounds so fucked dude, how can even praise him?
oh yeah that dude committed some serious atrocities yet has a monument in dc. go figure.
idk moving to mexico sometimes seems like a good idea and then you realize you're in mexico, hmm. maybe out on the coast am not so bad. i think the ideas to have multiple places to live.
i do not think there is any that kinda content to watch out there.
not sure of videos but _forced into glory_, _the real lincoln_, and _lincoln unmasked_ all attempt to argue the case that lincoln was lionized and diefied in order to create a mythology that galvanized americans in the 20s. while lots of historians have taken to ripping on the aforementioned for their thistasteful assertions, none have bothered to acknowledge that even in his own time lincoln was vehemently thisliked by non-trivial segments of the population even in the north. one can take for example the large and frequent gatherings denouncing him in his home state of illinois, where a very large and well-organized group called the sons of liberty had a large membership even in the ruling class which sympathized with the confederacy, sometimes even going so far as to openly denounce slavery but still call lincoln a tyrant for his direct part in starting the war. even in the north it was common back then for people to blame lincoln for the war, as buchanan had taken the matter very much in stride and had not really pushed war as an option. one of lincoln's first acts was to force a shooting war at the seige of ft sumpter (which had been going on for months) by sending the navy, and calling the militias of union states to federal service. buchanan had previously assured the states that the matter would be resolved without a war.
i was not alive back then, so i'm not gonna make a comment.
> the most successful nation in the world. bruahahaha, by what standard? suicide rates? prisoner population? murder rate? tent cities? exploitation of other countries? pollution?...
american exeptionalism is a joke. it's a not a thing and never was, yet so many brainwashed idiots with their giant flags flying off the back of their trucks believe it so. i hate this country and it is insane nationalists.
please enlighten us with what should be done with criminals? what reform would you suggest? by the by, the us is not a liberal democracy. the us is (for the moment) a democratic republic.
the only places with true liberty are the places where tribal mentality rules and there is no agreed governmental scheme, or a corrupt and weak central authority. the us is not free the uk is not free. they are actually two of the most unfree and most surveilled places on earth, both run by shadow governments. the "spirit of the law" is pure everywhere, its the practice of the law that is highly suspect and endemically corrupt. and btw the usa is not a liberal democracy. its a republic.
did you even read what you posted “freezing and confiscation of instrumentalities and proceeds of crime” not even close to comparable…
so in the eu directives it is only via court order, or other than that only a freeze on assets. also, one big difference, the assets do not belong to the police force but are mostly added to a fund. it's not really comparable, especially since there a no big cases known where life savings of people are confiscated. other than that, corruption by police officers is mostly a problem in ex-ussr countries. neither west nor middle europe have big problems with corruption of police forces. also they are mostly trained for at least 2 years, sometimes longer. in the us it seems your cops never finished high school and took a two week seminar.
i do not allow family members to take my photo. period.
when seconds count, the police are only minutes away.
fuck them lol, all they do is to steal from us. and i do not want that.
sounds like you have never dealt with the legal system. so imagine you are out all your savings which you were going to put in a house. now, you need to come up with thousands to hire a lawyer to defend you. even if the case is won, it can take years. meanwhile, your lease on on your home is ending and is not renewed, because you were going to move into your house. also, since you already entered into contract to buy, you now lost your deposit money - another thousand or so, gone forever. now since you cannot complete the payment, you also lost the contract on your house. so yeah, maybe in 5 years you will get your money and a little bit more. by that time inflation has eaten away at the 0%apr loan you gave the government, and houses have gone up in price, so you cannot afford one anymore. and to think you could have already been paying mortgage for those years, and now would have had a significant chunk of equity in the house... honestly, i can go on an on tallying up how much you really lost, and because it is somewhat speculative, you would never recover all of it back. civil forfeiture is legalized robbery.
because to sue and get your money or property back it requires a lot of time and legal fees. and no? you don’t get more back than was taken. if you don’t know why civil asset forfeiture is a problem then you simply do not understand how it is being used. i have no problem with the forfeiture or seizure of assets being used in commission of a crime. what i do have a problem with is the authorities can and do seize assets all the time without charging the owner of these assets with any crime at all. it is government sanctioned theft. there is no other way to see it.
so you should be presumed guilty of something without reasonable suspicion beyond "he had a lot of dollars" till you can prove your innocence?
lol "guilty until proven innocent", what's the problem??
seek professional psychiatric help
yeah, it’s that simple folks! why didn’t others think of that. silly rabbits. and you get “way more” too. it’s like winning the lotto.
just get it back lmao, how hard could dealing with courts be amirite?
or we could make the state prove we did something wrong instead of charging us court fees to prove to them we did nothing wrong... or we can keep giving the state more inches in exchange for more miles.
civil forfeiture is never okay. they can take your money, car, or even your house because they “think” you’re going to use it to commit a crime. then to get it back, you have to prove that the asset is innocent, not that you’re innocent. idk about you, but if someone takes my shit when i had no bad intentions and makes it extremely hard to get it back, i’m gonna be pretty mad about it. oh and then the police will go spend the money seized on fucking margarita machines. i highly recommend you watch this, not only is it educational, it’s hilarious, but it’s also extremely sad we live in a country that has civil forfeiture: america is totally corrupt. all cops are bad.
we've seen how "not doing anything wrong" means fuck all on reddit, and also have you ever sued someone? it's a lot of work. really telling of your age or sheltered life if you think going to court over anything is easy.
if you haven’t done anything wrong why should they be allowed to take your money in the first place? you should have to sue to get it back?? you can’t see how backwards that is?
spoken like someone who has never left the house
i do not make assumptions on nationality because of surnames. how sad that you do. do you label your friends according to race and color? see, i'm not a racist, i know a ( insert race). fuck you. lara is a european last name. also popular in romania, bulgaria and chechnya. spain is in europe dumbfuck
well that is anyone here is saying. atleast i think that.
no but if he put money in bank and they froze his account that’s the same situation he’s in. now he’s suing the cops and will most likely get more money.
they took it because they did a narcotic check on the money and it came back positive… i mean cmon what kind of bullshit is that. 80% of notes have probably been used to snort cocaine and all sorts of other rubbish. just sounds corrupt to me - the officers did anything they could to take it
what’s stupid to you is not stupid to someone else. we all have different life’s and different reality’s
risky and unsafe yes for someone to potentially try rob him. not for the police to just come along and take it off him with no proof of anything - that to me sounds like a robbery itself
you ever stop to think what if we had a system where regular people didn’t need a massive bank loan to buy a home, go to college, or start a business? maybe it’s a problem that you can’t do any of those things without a loan
or [give it back]( lol
no banks are reporting large cash deposits which make people not want to put money in the bank.
you start the paragraph being self righteous about how your money is not seized and then made up a scenario to confirm your theory of him being in the wrong. then you post one sentence on the chance that what you said was wrong to feel like you covered all your bases to hide your true opinion. i was informing you on what did happen.
2c:43-8 what a bad lawyer you’re.
yes and it’s since been changed to the max of nonviolent crimes 30 days. they can’t keep you more than 30 days for non violent crimes.
as long as they have the seed phrase. my ledger locks up after 2 failed attempts
time for y'all to expatriate.
people buy houses with cash everyday.
no, but you need to use one. which the man in the picture said he did not want to use a bank, so your money order theory is irrelevant.
it’s really sad how easily the agenda media has tricked you
if you deposit a lot of cash, does your bank report it to the government? federal law governs the reporting of large cash deposits. ... depositing a big amount of cash that is ,000 or more means your bank or credit union will report it to the federal government. just google it.
i bought 3 tesla’s with it last year.
canada isn’t a democracy when your funds get frozen without due process. show me another democracy in the world with that law. you can’t because it only exists in communist countries sweetheart. just like germans in 1939, 97% of them approved of hitler. history repeats its self, and it starts with people like you in mass.
as a landlord their is no law requiring me to do a credit report or anything, i can legally take cash without anything. you don’t have to use creditors. let’s use a food truck for example. the truck is purchased with cash, all the overhead is purchased with cash, the employees are paid cash. it’s parked on private property, that’s rented via cash. what do you think this person does with his cash.
we all are guilty, we only talk on the social media like this.
i watched that movie so long ago, maybe i need to rewatch.
damn man, how fucked are we really are. this is shit.
lincoln's predecessor did not follow through with reconstruction. look him up
wow, you need to get out of your echo chambers man
thanks for the suggestion dude, i'll surely read this book.
he was more against slavery than any of the states that attacked our nation about it though did not he. or am i wrong?
what was he going to start the war over?
lol, what war did he start and what klan rally would i purchase this "book" at?
exactly, the war wasn’t over slavery. it was over the federal government passing laws and mandates on how the states were to do things and wanting them to pay for them. the government used slavery to get the northern people on the side of war. if you really want to get pissed. look at the battle of the little big horn. how do you get a country who just came out of a civil war into another war, you massacre one the most popular military figures of the time and his men. a little know fact, 75% of the indians had repeating rifles, custer and his men had zero repeating rifles. think on that one for a minute.
lincoln literally tried to do that though, to avoid secession and the southern states refused to come to the table on it, and instead pushed on with secession anyway. the slave owning states simply did not *want* to end the practice of slavery under any circumstances.
william wilberforce and the abolitionist, one lawyer found out if you changed the flags the slave ships sailed under through parliament it would effectively end slavery because it would be against the law sailing under the wrong flag. or some bs like that 🏴‍☠️ so the abolitionist gave free football tickets and the greedy slavers took them and went to go get drunk at the football game and the abolitionist brought up the cause of changing the flag and were able to pass it because there was not enough opposition to vote it down.
you sound ok with slavery?
great leaders are often thisliked. biden has done wonders with bringing back jobs and trying to fix the terrible economy he inherent, but he is got low approval numbers, because white trash on tv tell white trash watching to not like him. these same dumbasses actually think biden is a socialist. you cannot fix stupid. hell fdr committed some pretty terrible crimes agaist japanese-americans and he is easily one of if not the greatest presidents ever.
oh, look! you again. the guy who wrote above what a terrific president we have in our great leader biden. >i hate this country and it is insane nationalists. and who does not read enough to know the difference between it is and its. i will take a nationalist who believes in american exceptionalism anytime over a naive brainwashed woke folk.
i specifically said elsewhere i'm referring to non-violent offenders. but even besides that, are you trying to defend how the us has more people imprisoned per capita than russia or china or brazil? this system is very obviously corrupted. there are institutional level problems with justice in the united states that need to be remedied. no one is calling for rapists and murderers to be released en masse. and thanks i'm aware of the technical term, i used liberal democracies as somewhat of a catch all term for western govts, not a specific term. that's my bad.
again, as i have said this in this thread multiple times, i do not like the us law or its abuse thereof. i also do not like the militaristic aspects of our policing force, or the prison industrial complex we have in the us, these aspects of us governence are fucking awful . my point is simply that civil asset forfeiture has its place in fighting corruption and organized crime, at a high level. i'm not talking about some dude with drug paraphernalia in his beat up civic, i'm talking about cartels. of course this is abused way too frequently in the us, and i detest that. i think the eu version is much better than our own. my point is mainly you do not need a trial to seize assets in europe either. and having laws to fight organized crime are necessary. to make everything absolutely clear on where i stand, i hate the prison industrial complex. i hate how the us has by far the highest incarceration rate per capita. i hate federal drug scheduling and the fact that non-violent drug offenders are locked up at an average cost to the taxpayer of . and i hate what happened to this poor soul in the main post.
you should read up on the fight against the banking system that was the american revolution. for bonus points you can read about ol' hickory hiring someone to kill hamilton for being a banker shill.
lawsuits require a shitton of money. definitely last resort here for most people.
come one now…not all cops are bad. but policing for profit is really bad. whether it’s civil asset forfeiture or setting up speed traps, policing in this country has become very problematic at best and needs some major reforms.
you do not know your rights like you think you do. it's called a **search incident to arrest**. once you are under arrest a law enforcement officer can perform a warrantless search for their safety, prevention of escape and preservation of evidence. you were lawfully arrested for dui, and the vehicle was under your immediate control. there may have been evidence against you in the vehicle, like an open container, so they are allowed to search it. the only thing they needed a warrant for would be for your blood. i highly recommend in the future that you have a criminal defense attorney saved in your phone, that you verbally state you are exercising your right to remain silent *and that you do so*, and the **only** person you talk to is the attorney.
>> i told them specifically several times that they do not have permission to search my vehicle. you were being arrested for a crime, they did not need permission. did you talk to an attorney? having items stolen sucks, but the search was not illegal.
you know id reply calling you out but you comment like every 2 mins on anything and i do not feel like arguing with a senior citizen. good day sir. enjoy your cd.
it takes a court order to freeze accounts
but why would his bank account be frozen? the cops stole his money because it was right there in front of them. these cops aren’t going to go back to the station, talk to the da, convince them to get the courts to seize his bank account.
they know they will find drugs on cash. it does not prove that the person holding the cash has anything to do with drugs. its legalised theft. government and police are legalized gangs
if it is objectively stupid to keep
yeah there are a lot of things that would be better given a hypothetical system but we don’t live in that hypothetical world so i’m going to stick with what works and gives people the best opportunities.
if you have all the records, you will have no problem depositing the money.
??? if he was not so skeptical of banks in the first place it wouldn't be a large cash deposit. it would just be where he keeps his money like everyone else
yikes. didn’t score too high on reading comprehension, eh? glad he got his money back. thanks for letting me know. now fuck off.
? that says minimum term of *not less than* 30 days. not a max of 30 days. also, that is for "non-indictable domestic violence contempt" not civil contempt of court which has no legal max sentence. it is legally allowed until it has exhausted its "coercive effect" which is why the above guy i talked about was released after 14 years.
in the us, “cash” in real estate means “no loan”. it always cashiers check or wire transfer. cash must be entirely and completely sourced. every, single, dollar, must have proof of origin if there is a mortgage at play. dollar bills, is general refused in the industry. with counterfeit bills, human error in counting, then the need to make large deposits… laundering radar… makes no sense. please stop spreading misinformation. buying a house in mexico? that’s another story.
tell me you do not know how real estate transactions work without telling me you do not understand how real estate transactions work.
difference between not trusting, and not using. i'll leave you to figure out how he is going to buy his family a house with 85k without a mortgage or bank.
look up who the organizers are and come to your own conclusion instead of watching youtube videos. i do not trust everything msm says either. i learned everything i needed to know about pat king from his own words.
yes, virtually every medium sized business is depositing 10k transactions multiple times per day. i’ve done so thousands of times in my lifetime. standard banking procedures.
but he would have earned the money over time and not 86k all at once?
oh my bad i forgot you can also buy three cars that fall apart and explode. that and nfts.
do you you are maybe overreacting a teensy bit?
your original examples were strip clubs, restaurants, and casinos. these business will almost certainly have expenses that either cannot be paid using physical cash or for which physical cash payments would be reported. a food truck is a much smaller business. the food truck purchase would be reported to the dmv. if it is from a dealership, there would be futher reporting of a cash transaction. after the truck is purchased, insurance and registration fees generally cannot be paid in cash. employees can be paid in cash, but fica withholding cannot. the truck owner will also need to pay business and sales taxes at least quarterly even without employees. > what do you think this person does with his cash. if they wants to buy a house, they deposit profits in a bank account.
echo chamber? about the civil war? that applies more to you here. you need to do better than a public school education.
he cared about slaves so much that he wanted to send them back!
scroll the comments it is already been explained.
edit: 11 days on reddit 3 karma i must be talking to a shill or a bot. nevermind.
the war was over slavery, if you say otherwise then you have been reading too much propaganda. americans trying to white wash slavery is easy to spot when you aren’t american.
the war was 100% over slavery. it's even in the southern states secession statements.
very cool write up man, as an outsider i'm learning.
you got that because. somebody just stated some facts. wow.
"white trash on tv tell people to not like him" you am not watching the same tv i am. the media is overwhelmingly supportive of biden, defends nearly everything he does, has gone above and beyond to blame every crisis of his presidency on something else, etc. inflation? for a year they said it was not real. then they said it was transitory. now they say it is trump and big businesses fault. the stock market rally was because of biden, but the stock market slump is because of everything _except_ biden. tv, internet, twitter, reddit, facebook- no matter where you look there are organized well defined campaigns to explain that biden is doing a great job and the world just sucks it is not his fault. hell, you're even in here towing the bot line saying he "inherited" a bad economy. yeah the highest job growth in decades, in spite of a global pandemic, and the highest stock market growth in decades also in spite of a global pandemic, but biden just stumbled into a really shitty economy right? if you're going to defend him do not straight up lie with bullshit like "oh he inherited a bad economy". we were all there for it dude it was the strongest economy in a decade. try something that at least makes sense like bling it on market cycles or market corrections or long term covid supply chain shocks or something but "inherited a bad economy" jfc get out of here with that hogwash. your account might be a week old but you act like we were all born yesterday.
"redditor for 1 week" yet somehow you were born yesterday. go figure.
i'm not white and i do not like biden.
i'm not defending anything. i honestly hoped for a suggestion on what to do with criminals. reforming them as a whole does not work. ignoring them does not work. what should be done? career criminals are not going to stop their illicit acts just because they have been caught and incarcerated a couple of times. i truly have no idea what could possibly prevent someone from repeatedly breaking the law.
they wouldn’t be imprisoned in those countries for you to find out. they would just thisappear from the face of earth … poof!
canada: hold my beer
because the banks put holds on deposits that big, and irs is automatically required to audit it.thats why drug dealers and the cartel deposit small amounts of cash which is also against the law when proven to avoid the irs.
why is it stupid? because you can’t get your head around it? i just don’t understand your logic. how is someone else’s life choice stupid because you can’t agree with it? you have an opinion and that’s fine but don’t call people stupid because they don’t trust there money in banks
yea assuming that money was made slowly.
yea i just don’t see a judge holding you for life, the longest it’s been is 14 years. which may or may not be worth it depending on the person. but this person also had no lawyer present, and when he got one he was released.
your telling me that you don’t just hand the seller a bag of money with a big money sign on the front?
very clear that op is not old enough to understand how money works. in most real estate transactions they are moving towards wire transfers. check fraud and cashiers check fraud is just too rampant.
ye in the eu trying to pay for real estate with physical cash would totally put you on the radar for money laundering and you'd have to show proof otherwise. ain't no lawyer in the uk going near cash (except if you're a millionaire...)
yea business account is completely different.
and anything i want with a card that’s linked to my wallet. but it’s ok keep stacking your cash, some people enjoy being poor.
no you don’t need insurance on a food truck, 99% of them are pulled on a trailer. please study business more. you clearly don’t know the loopholes.
ahem. *american* public school education. : /
the war was fought because the south wanted to keep slavery legal.
that means he did not give a shit. well it is what it is.
america did establish a country in africa; it is called liberia and used the u.s. currency. lincoln was not a dictator their was and still are legislative and judiciary branches of government. one moment right wing says he was a racist f him; next moment they are ok with a recent former president doing everything possible to not transfer power to the next elected president. make up your minds.
at this point i do not even know what's propoganda and what's not.
am american, and research history all the time. lincoln could not gain a consensus on a war with the south, no one wanted it. several places in the south had already started working on stopping slavery. the south had started to become more profitable, due to several smart scientists and there inventions, agriculture had started looking at a better and more efficient way of farming. contrary to belief owning slaves was expensive. more and more efficient ways we’re starting to be developed. therefore lincoln started looking at ways to get the public in favor of a war, and slavery turned out how he finally convinced them. he forced the south into a war, by forcing laws and mandates, started confiscation of property and money. the japanese didn’t want a war with the united states either. the us people did not want to get involved, so our federal government starting freezing there bank accounts, and got other countries to do the same. thus welcome to world war two. sound familiar. do some research, don’t just listen to people spouting crap. people do not do there own research. you have to follow and keep following the the path back.
you need to go back about 5 years before the south actually left the union. the federal government had started trying to force the south into implementing more federal regulation and mandates and telling them they had to pay for it. the government in order to start a civil war had to find a way to convince the north to back a war. they used slavery to do this, but slavery was not the root cause of the war, it was just the last straw of forcing laws and regulations on the south. i’m a republican, hard to believe but the republicans used the african americans of this country to further there political agenda. hmmmmm, jump to present day. what are the democrats now trying to. force division by using the races.
you did not choose an answer.
sure, i've only been here for a week. somehow your dumbass has not managed to fire up either brain cell yet, kid. you need to come up with better shit talking, you're kind of pathetic. your lack of a rebuttal, proves just how incompetent and idiotic you are.
right but most people imprisoned are not career criminals. those people should stay in jail. the us is unique among the "free" countries in terms of its absolutely insane rate of incarceration. obviously we're doing something wrong. my first suggestion is something that is already happening at a state level. just do not imprison people for non-violent drug related possession and crimes. having a system that supports people in their fight against addiction is also needed, and proven helpful elsewhere. also, do not have for profit prisons. it's pretty obvious if prisons are for profit, they are for profit. and that means exploiting shit. that's just a couple ideas. and they are not unique. you can find plenty of reading about a multitude of ideas people have for us prison and policing reform. now if i were to go even further i'd say it needs to start with education. many parts of the us are drastically far behind their contemporary peers across the developed world. a federal standard needs to be introduced for education, imo. and none of the woke math bullshit. i'm talking greater appreciation for teachers in the form of pay that is competitive with private positions. i see schools spending millions to build new sports facilities when teachers have not gotten raises in years and class sizes ballooned over the same period. that's fucked. to truly help with crime we really need to start at the bottom and make sure the worst off in our society still have access to things we can easily provide, otherwise they will continue to look for ways to make something whether or not it is legal. things like food (which we waste to a ridiculous degree, anyone in retail working restaurants or grocers could tell you), high quality education, and a place to live, even just the infrastructure to get places. i live in la and they just cut some bus routes rn. who is that hurting most? not the rich white lady in her ranger rover who has not paid tax in years. even in the relatively wealthy area i grew up in, i knew people who did not have home computers and that is a huge thisadvantage. the us is the richest and most powerful country. we have the power to fix all of these problems. severe reform is needed across many aspects of our government. we need a new fdr and wpa, and not of the current pussy neoliberal democrat variety. shit, i'll bring back the bull moose progressives myself if i have to. i'm an optimist and i truly believe we can overcome these problems and leave a much better country for our descendants. after all it could be worse, we could be brazil right?
for anyone that commits a violent crime on an innocent person, i.e. rape, murder, molestation, the criminal should have their head cut off and thrown into the ocean to feed the fish. people will begin to think twice about committing those crimes. it is harsh, but so is murdering and raping someone. their choice to make…
we can find a giant island and send them there, as the english did when they transformed australia into a prison. maybe we can send them to mars, if elon works hard enough.
you were being arrested for dui. the search was not illegal because of that… regardless of what you told them. how are you not getting that?
every penny that you put in is being monitored. that's what banks do.
>irs is automatically required to audit it bad info, not true
ok so what. a hold on a deposit is normal part of the settlement process. that’s not seizing the money.
it's stupid because someone can literally rob your life savings. that is usually just an expression or an exaggeration for a bad investment, or a scam you got involved in. no someone can literally have their entire life savings stolen, if they carried with them in cash. it is objectively stupid and is proof positive that the person who did this is an idiot, and their opinion on banks is the opinion of an idiot
it says it is his life savings lmao
yea idk if anyone would find 14 years in prison to be worth it lol.
i take it you're too stupid to know he was one of the organizers.
enjoy your pre paid debit card that is really cool man
it’s just a sign to get off the internet, trust me man. i was deep into all this shit while trump was president and the only thing i learned is that the gift of all this easily accessible information online can be used in the wrong ways by people. turn off reddit for a while, talk with real people not some internet stranger and read some actual history books, not youtube videos.
>so our federal government starting freezing there bank accounts whose bank accounts? the empire of japan's? read actual history books not this crackpot shit online or wherever you get it.
did your research involve reading the actual articles of secession? they say in no uncertain terms that they were seceeding because of slavery. [they're available for free.](
this is a lie. the south started a war because they wanted to count slaves in the census but give them freedom or allow them to vote.
you need to do the research. it's right their in writing, as to why they tried and failed to leave.
i always laugh at how many people think those soldiers were fighting over slaves lol. the average price of one at that time adjusted for inflation was about . even today that is a lot of money for most people, imagine over 100 years ago. only the 1% could afford that. the victors write the history and its always to paint them in a positive light. very little truth involved.
lol, thats some good jokes you got there, putting racial division on democrats. cause they are totally the ones that support the police state, restrict voting laws, and are anti-immigration, right? man, sometimes i wish i could do the sort of mental gymnastics people like you do to stay ignorant of inconvenient facts.
i was arrested after i was searched not before. how are you not getting that. jesus fucking christ you people are thick.
yea a hold that lasts 2 years, and you may never get your money back? you obviously have never had large amounts of money and never had to deal with irs
you could go cross the road and get run over at any point. does this make crossing the road stupid? you can live and catch cancer. does this make living stupid? in life there are risks in everything. if nobody knew he had that money on him why would he get robbed? if he told people he’s carrying 80k then he’s more likely to get robbed. it’s all about how you go about life
just cause that idiot claims he was, doesn’t mean he actually represents everyone there doing actual protesting
enjoy your dollars. keep saving.
what's the next one gonna be?
2042 "only carbon-based lifeforms use it"
“only small galaxies use it”
r. they seem to upvote the shit out of business insider articles which conveniently show up when bitcoin is down from an ath. 2nd most upvoted article today: [
last i saw we were back to only drug dealers use it.
so you're saying by 2050 we will be multi planetary species?
the earth is a small planet.
who actually uses btc tho. holding assets is not using it.
that wrong-facing “ in 2021 is killing me
by the way , the use of btc in 2013 is more then now lol .
with 10-minute blocks, it synchronizing between planets becomes quite problematic. information can take anywhere from 3 to 22 minutes based on where they are in the solar system. perhaps each planet would have to run its own blockchain.
40,000 "only the imperium of man uses it"
when we gonna expect that only freaking aliens use it?
to the moon. by the way, nowadays reaching, this will reach the mars.
it’s going to change to sentences like “only ___ don’t use it”.
nobody uses bitcoin today for anything other than speculation
gotta ask, how many here are using btc for day to day transactions?
i mean it will eventually just take over and then everyone will convert to it. nothing to really miss out on anymore. just letting it happen.
i heard “only nerds use it” on tv literally yesterday.
only small planets use it means we're going to the moon 🚀 🚀 🚀
2022 - only south america, africa and asia use it. xd .
2011 : bitcoin crashed 2012 : bitcoin crashed again 2013 : bitcoin crashed again 2017 : bitcoin crashed again 2018 : bitcoin crashed again 2020 : bitcoin crashed again 2021 : bitcoin crashed again funny how they only ever report it crashing, youd never think it was up almost 14,000% from that first big crash lmao
"only rich people use it"
by "use" you mean speculate on it, but not actually use it as a currency. i'm sure that was the dream of the guy who invented it. i'm sure he loves the fact that his invention was taken over by big money speculators, and its true purpose completely abandoned. for all intents and purposes, it is still 2011.
missing a few years there...🤷
what is next ? bitcoin is nothing great. just a thing getting unstoppable bigger and bigger lasting for next couple of decades.
how about, "only people who do not give a shit about extreme energy and hardware waste and its impact on the environment use it"? that might indeed be the majority of humanity though.
i also daydream of "only ln participants use it."
only the robots use it
only humans use it.
i guess im a libertarian-gambler then
well, 2017 was pretty fun. my nitrogensports account agrees.
„only small planets used it“
freedom is always bottom up
2021 has a different starting quote.
2022 the elites fooled us into selling low and they are using it.
only governments that say it is worthless then tax the shit out of it use it.
if by use it you mean by it and then just keep it
2022 only countries with 🌋 use it
moving to pluto confirmed
2100 "only small dimensions use it."
more like 2025 small countries
2055: "every rich individual holds a bitcoin"
2122: only use it
2069: onlyfans use it
"did you hear about multiverse 20ax-3? apparently they are using some kind of decentralized electronic payment or something. how lame is that?"
bitcoin is not designed to last that long with that many users and transactions.
point to me anyone actually using it instead of just speculating with it
this is accurate af.
2019 and 2020 should be reversed but i like this
bitcoin is of the few things i wouldn’t consider a bubble.
only earth uses it.
still some of people still thinks that its scam hahaha.
pluto to the moon
only small galaxies use it.
we are still at 2012's quote, though... even when drug dealers etc use it, they still also have to be nerds, since it is not actually useful... (as a currency). so you need to derive pleasure from the nerdy concept of it alone. i assume this is talking about "using it" as a currency, not hodling or doing two transactions to escape a civil war or something.
only bitcorns use it!
you lost me at "only libertarians use it". might as well say "only retards use it"
2040- alright guys, we are done creating new coins. \*fight for the limited resource\* .
only millionaires use it, only billionaires use it
bit coin for mercury
waiting for 2025- when every single one gonna use it.
2022: mainstream loses money on it
2022: only smart people use it.
people who buy at high and sell it at low... it's gambling
well to truly implement it is to increase the reach of service. developed countries can implement it in a month or so. but third world lacks the current infrastructure, let alone bitcoin adoptation. hope we atleast get the major countries adopt it so naturally everyone would follow suit.
i mean let’s be real no one’s ever gonna “use it”. it’s going to be worth millions of dollars but it will always just be an investment asset.
what’s a bitcorn, though?
hording btc is using it? ok then
only small penis people use it. wait...
2100: "only type ii civilizations use it"
crypto market is falling at the same speed how it gained its rise please do add a news segment to bitbns to sugest customers about the the good cryptos to invest in .
only basic simulations use it!
only prophet muscle use it
and in 2013 this was all i knew about it. instead i opted to just buy my bud from that streets. imagine all the money i gave to the “guy down the road” instead of just trying bitcoin out. i spent thousands on getting high instead of investing. yeah i may have been 16 but, damn... i knew about it. but i just never did my research. thought it was just for the silk road
2500: "only small galaxies use it"
soon: "even aliens and their dogs use it"
"only big thinkers use it"
2022: only small real estate industry uses it...
2030 - peter schiff uses it
2521: only the galactic high council uses it
tesla is a small company now? okay.
i literally said that in 2012...what a fool i was
this is actually true as fuck. honestly a really good post. puts the media thiscourse in perspective.
2009: "only i use it" -ns
holy s. say no more
there will be a time where people gonna say that everyone use it.
i like how nerds are lesser than drug dealers
wait, how was “only drug dealers use it” a bad thing? pablo escobar was in the top 10 richest persons list in his prime. bullish af!
lol whats 2022 going to be
fast forward... 2031 it is only the reserve currency of the world.
after some years all will involve into this and will forget about share market, etf, govt bond etc.
people dont buy when market is going low ...ot only cathes the eye when its not possible to buy than they cry train left station .
you are right sir,plz keep posting a daily analysis of market .
crypto currencies will be used by societies for whom the existing monetary systems do not work. crypto is here to stay and serve more people around the globe. crypto shall grow as demand rises. who is going to stop this crypto movement? you can try, but you will fail. humans live in a dynamic world, and so do we have to move forward with newer payment methods. money is a tool and not for the wealthy to hold on to. money needs to move. \~ planet earth observatory member
when it is possible to retire with less than 0.2 btc?
2023 only bag holders have it
the next is: “only the stupids don’t use it”
lol no one fucking uses it. can't pay by bills with it. waste of good semiconductors.
nobody 'uses' bitcoin for anything other than drug deals and speculative investing.
what's the value of daily transactions in btc again? yeah, that is what i thought, hopium addicts...
so is bitcoin going to go back up?
2023: only some countries use it
only small economies use it
only the southern hemisphere uses it.
only developing economies use it.
only a galaxy far, far away uses it.
only microstrategy owns it
“only people who fled the us use it”
"only small planets use it"
probably “only greedy polluting fucks who make nfts use it” the fud tactics are ramping up
first the small nations, then big ones and then small planets.
only pre-quantum computing societies use it
2024: who could have seen this bubble burst coming?!
decentralized? pfft... everyone uses it, how can it be decentralized?!
fucking consistent with its quotation marks i hope.
3022: only small solar systems that bezos-cyborg9000 doesnt own use it
“i told you” then “ well, let’s wait and see”. then these people will be converted!
only a few stores use it
2022: only tanking economies use it.
basically everything, those who did not understand this joke.
i do kinda have to think about how that might work. some kind of laser comms interlink device that enables broadcasted transactions and blocks between nodes in different galaxies? :-p
sure, if you change the block-time to hundreds of millions of years.
what's better than one galaxy using it? obviously 2 galaxies.
they're pissed because they still think they have missed the train. instead of simply beginning to dca in. ridiculous.
they cannot seem to decouple the technology and philosophy from the price. even when trying to talk about how nfts can be useful and not just links to gifs, they just do not seem to understand, or would not even try. they made up their mind and anyone saying otherwise is a grifter or a fool. i still comment and try to have a thiscussion, but the echo chamber in there is almost like a political sub
that's what they do, these media outlets kick btc when it is down.
these are people who spend literally all their money on tech. they don’t have the money to buy btc
tbf i checked just now and most of the top comments were making fun of the "analysis" from the linked article
losers that want everyone else to be as miserable as they are and would rather stay miserable rather than admit they were wrong.
hehe what about r? started by people on an anti-social 90's forum famous for being wrong about everything and doubling down on it while willingly giving their money to a drunk redneck so he can file lawsuits against his ex wife
every time something crypto-related is posted on **slashdot**, it seems like people trip over themselves all rushing to let everyone know how *all* crypto is useless, *all* crypto is a waste of energy, *all* crypto is a cancer on the planet, *all* crypto is just a fad, etc.
wow someone get me a glass of water because that is the saltiest thread i’ve ever read
that sub has compromised mods
except drug dealers do not even use bitcoin anymore...
and we are gonna come back to that too, it is just a matter of time.
why would they when they have all their system organized for all these years using us dollar?
we are planning on a camping trip to mars relatively soon so *probably?*
if keep producing like apes and fighting like apes then yes.
i definitely use it but yeah i always seem to be out of fiat and draining that savings account then trying to refill it at the wrong time.
first thing i saw. what happened there anyway!?
bitcoin will be the currency of the universe.
someone will probably come up with an additional software layer that can solve this, basically like the lightning network tries to do for other issues. maybe it will use something like the interplanetary file system.
in principle the ln could work with large pings.
you could practically use bitcoin for settlement in the solar system with some layer two or three solutions. beyond that light speed limitations would be too great.
the only planet capable of sustaining a large colony without significant rework is mars. given the transmission time, and also the variability and unreliability, it would likely develop it is own blockchain, which could be a bitcoin fork or an entirely new coin. in order to conduct commerce, there would be interplanetary exchanges, to swap from the assets of earth to assets of mars, and vice versa. that would have a lot of latency. for real-time swaps, there would be wrapped versions of each coin used. for example, bitcoin (btc) might be represented by btcm on mars, and if marscoin (mars) is the primary coin on mars, marse would be a wrapped variant for trading on earth. swapping btc <=> btcm and mars <=> marse would use the interplanetary exchanges with some latency.
just want to point out that the problem is not in payments. you could just send a signed transaction to your counterparty and they can wait until it appears on the blockchain. this will result in some delay until transactions are processed but i geuss any payment problem will suffer by the speed of light. by using something like the lightning network you can reduce the number of roundtrips required to confirm a transaction. the key issue is mining. you cannot spread mining operations across the galaxy. all miners should know about the latest block before they can mine. a node on mars cannot compete because of the long roundtrip
humans will almost certainly be extinct before we successfully colonize another planet imo
but what if we connected the planets with ftl fiber optic cables?
interplanatairy will be off chain, *but aplhabet rainbow tables will kill it before it before the venus cloud cities*
mate, commodities in el salvador aren’t even priced in btc and we’re talking about it being a multi planetary currency?
i'm fine with that, i just wanna live somewhere i can be an early miner lol.
this is the currency of rogue traders keeping their business hidden from the emperor
it's not but it will be, when it will happen. imagine btc on mars lol.
only almost everybody does not use it
bullish, that is why i hold btc. haters lol we are going places.
now do stocks, futures, and commodities
i mean this is just demonstrably false.
is this a joke? i actually cannot tell
have you ever heard of a coun called el salvador? i do not think you have.
i'm not, because no retailers here accept it, i would tho.
people who buy things off the dark web. also, ransomware. and the occasional dude buying pizza ;)
we gotta let things play out , everything is good for bitcoin.
i heard about it in 17, did nothing. and last year i went into rabbit hole.
satoshi must be sad after seeing all what we're doing.
it's clear you do not understand money's most important property; store of value.
it's inevitable, it will happen. i'm telling you man. gotta believe.
it's not a daydream man, it will happen i'm telling you.
we were blind to every sign that we should have seen in a clear unbroken line machine to machine our mistakes were the future but no one could tell long on bitcoin and regret with not much to show roaches took the kitchenette we just let it go walked away as the skyline crumbled and fell we could have stayed inside the city the machines have made but we took our time here in the sunshine -- *sunshine* - jonathan coulton
once they kill us all, the robots will use it as money for them.
you guys are way too optimistic, what if we have world war and go back to stone age by then?
let's not talk about 2021 lol, i'd rathee forget that year.
it's not like they have done it first time, they do it everytime.
they'll see it for what it is and they will come after it.
the same governments that tax illegal earnings as income?
it's sad that people do that, people need to use it for adoption.
by that point btc will be used for everything. dollars will not be here.
yep, i hope more countries join them. they must be feeling lonely.
yeah lol, that would be good atleast. better than here on earth.
everyone will use it be the dwarf planets or the tall planets.
this is the inevitable truth that'll come out no matter what.
only small dimensions, no problem at all. only some black holes use it.
2060" literally everyone is holding .1% of bitcoin in world.
or anyone who have held to bitcoin is rich! that sounds better.
"only we are using it" makes much more sense here to be honest.
damn man, you must feel that pain. even after knowing you did not buy.
a lot of people are just holding it and just speculating it like that.
they should rather use btc, atleast they will look cool while doing it.
no shit sherlock, we here are joking lol. take it is bro.
yep using it as currecies, not something as store of value.
yeah all the money laundring guy actually uses it right now.
i've heard they have got some good shrooms over there.
it is not a bubble as of now, it is the future for sure.
bubbles do not last that long man, it is here to stay and for better.
it is until the elon plans to move to mars to be honest.
i know right, it is pretty hard to make people understand a basic thing.
i wish if t can be possible like that lol! but sadly it is not.
i just want to see when everyone will say yeah i proudly use it.
what is bitcorn though? i never heard this term before.
lmao i do not know why i am laughing at it, it is so thisrespectful.
can see the future bro, resources are gonna be pretty important.
and at the end of the day, only intelligent people use it.
mercury or the people of mars will use it with some billionaires.
xd xd xd xd xd for real???? wake up bro
damn i am waiting for that time impatiently, really want that.
then the mainstream people gonna announce that it is a scam.
by that you mean only us use it or something else bro? :d
well that used to be one gripe that governments had about btc.
yeah i believe you man, i bought some in 2000 3 years after i born.
i hope not, i cannot see bitcoin in that fucking condition.
2030: only small planets use it
the prophet has spoken
2024: only china doesn’t use it
hell yeah man, i'm excited to see which country adopt next.
2024: not all countries use it
small economies might cluster with their neighbours before adopting crypto. i imagine some super currencies. \- north america dollars (usd w+mxn folded in) \- the euro (with gbp+chf folded in) \- universal dinar (kuwait, bahrain, oman, jordan, uae, etc.) \- chinese yuan \- pacific yen (japanese yen along with any asian-pacific countries who choose to join over bitcoin \[not many imho\] but australia would be an interesting partner also. could also fold into the chinese yuan or fold altogether. this geolocation seems to be particularly ripe for taking on cryptocurrency.) \- african shilling (perhaps the african countries could pull together and make a continental currency but i highly doubt it as unfortunately corruption and misappropriation is rampant. the early adopting countries of crypto in africa will become winners in a big way with the "have not" neighbours likely having to secede in some kind of way to their crypto-overlords.)
i may be part of that small economy then lol. i'm good with that.
slow clap. well done.
this was good lol, well played dude. you guys are creative for sure.
jokes apart, they should because it can help them economies a lot.
i am afraid when the bitcoin network gets interstellar, new broadcasted transactions are gonna take forever to reach the nodes. literally.
and then? ehat comes after a whole galaxy? maybe 2 galaxies?
what if they buy every coin and leave nothing for us?
someone needs to add price points to this image! cheers .
who's constantly saying this? stop peter schiff please stfu.
i didnt wanna wait 28 years for that one to be next!
we'll use quantum computers to mine bitcoin that'll be wild.
yeah bubble nr. 31 will definitely be the one
so if people use something that becomes centralised? how?
may be it can become legal tender in some part of northern hemisphere and we can use it here also
well it will be used worldwide soon then
that's a bit conservative prediction but it will do for now.
um, i think multi light-year.
we'll have different btc for one galaxy each that'll be better.
unfortunately anyplace much further than mars is gonna struggle with the 10 minute block time.
this btc am not getting forked now, we'll make another for them.
right? the train has not even arrived at the station. pack your sats. it's gonna be a fun ride.
yeah, crypto makes people who did not buy years ago react irrationally... they're really bitter, it is sad.
lol, if they think that. let them think that. they'll realise this when it is actually late.
i feel the envy in every answer i get to any positive crypto comment. and when i try to start a debate with my arguments they just do not answer or if they do it is a stupid "you'll see how wrong you are" message.
it’s impossible to have a thiscussion in r’t devolve into being told crypto is useless speculation that is killing the environment and is tulip mania all over, etc. always regurgitating surface level arguments.
agreed. i used to think that way with regards to price. it just seemed so unreasonable to me that a bitcoin could cost . then i started doing research into market cap, and i was like holy shit, this is still cheap. i had a conversation with my sister last month about bitcoin and she told me "but it is so expensive. how am i supposed to have ." she did not understand you could buy fractions. didn't know what a satoshi was. there are a lot of people who simply do not understand how it works yet. we are still so damn early.
someone was like "i hope all the crypto bros burn in hell" a bit on the dramatic side i'd say lol
they are ignorant fucks, i do not wanna waste my time explaining them.
if the technology is decoupled from the coins, then why should anyonr value bitcoin specifically?
i was thinking of buying a new phone to upgrade my 4 year old samsung galaxy but man screw it a good new phone costs like + cad now and bitcoin is on sale, i'll wait.
they do not spend shit man, half of them are shitter lol.
i dont go on that sub often but seems you're right. making fun of article, saying they are gonna hold, one said "of course it will go down cuz i just bought". reminded me of comments from this sub. i only skimmed a few though.
technical analysis is bad tho, i do not really blame them for it.
no they will never admit they were wrong even if it is right thing to do.
i do not see any problem with that, they should be criticised.
you might enjoy this short story
well this was an entertaining article, thanks for sharing this.
ipfs doesn’t make much sense here, ln could work.
i believe in smart people lol, they will solve it i'm sure.
well okay then, now that it is confirmed i'm heading to mars.
i just wanna use it here, what would i buy on the mars anyways?
but we solved the ftl issue in 2052!
if it is only mars then i'll settle for mars no need for jupiter lol.
if we do not change our ways we would just trash the next planet anyway
if himans are extinct then how they can colonise other planets?
i had not considered that
imagine floating cables in the space coming to earth lol.
that's true right now.
none of those were designed as or touted to be currencies. bitcoin (and really crypto"currency" as a whole) is a miserable failure, unfit for purpose.
stocks are ownership of a company and a share of their profits. futures are just another way of trading commodities. commodities are a physical product with physical value.
people do not use stocks in salvador but they do use bitcoin.
it's already passed it is point of adoption, and failed to meet demand. now we begin a slow decline into obscurity. don't buy these people's bags from them.
yeah we have just wait for the better time to actually arrive and let everything happen.
money's most important property is as a medium of exchange to purchase goods and services. crypto is still just speculation at this point. not saying thats necessarily a bad thing, just being realistic.
money is used for sov but it also has othet features too.
yeah maybe, but you're not from that "not everyone" category!
that's a good one dude, well written. we've got some talents.
only tall skinny planets and short fat planets
i wonder if black hole will suck down everything you invest in there lol.
2040: only small galaxies use it
you fucking ruined it. you’re supposed to go in 1 year increments.
haha, it means from metaverse to planets, earth people will use just small fraction of it
mass adoption, here we come. better watch out for us.
i know you were just spitballing to give an example of what you mean but i do not think canada would want their dollar associated with the us and the same goes for swiss franc with euro and gbp, that is a vote that would never pass lol
2022 - only the rich. it's not fair. it's not equitable.
would you describe him as a crafty mothafucka?
you can try [pof.com]( for that
soon, that good enough for you? it'll happen soon just wait a bit.
i think as we expand, we should increase the block period (above 10 min) and rely on sidechains for everyday on-world commerce.
don't you think we'll have better internet by that happens tho?
it'll happen sooner than that, he is just being a little conservative.
it's a joke because even if everyone used a decentralized crypto, it would still be decentralized so long as nobody solely controls it. the ignorant who spout those types of statements would just make blind claims.
lol, that is why we need to fork another btc for them especially.
okay then, i guess i'll settle for the mars only. sad but okay.
that means we can have btc in other galaxies? bullish as heck.
yep we've got a lot of time and a lot of roads to go.
i got a friend who got into it just yesterday, dude, that is the attitude!
honestly, thats partly me. laughed at my friend "trashing" his computer to mine bitcoin making .15 a day. passed it up at .02 because i thought it was like all the other currencies in the late 90s early 2000s. passed at . (ok, that was a no brainer. apparently babies need these things called cribs. who knew!?) got in early 2017. still bitter towards myself about the missed opportunities. but not like those guys that are bitter to everyone else.
crypto does not make them behave, their ignorance does.
at that point it is better to leave that argument right there.
they'll never get it unless it is too late for them to understand this.
i do not really understand what this argument of not buying whole coin means.
damn, why do they hate it so much tho? any particular reason?
same here man, i'm using a phone for more than 3 years btc is more important.
that's why i rather bought a new battery and replaced it in my old samsung s8.
great little read, thanks!
the ipfs is not secure! you can use a buffer overflow exploit to retransmit altered blocks! that technology is sooooo 2195. get with the 23rd century, man!
lightening can work across planets? damn that is like a dream.
we still have that ape brain in us, it is hard to change us.
there are not really any planets to trash nearby.
i'm saying it will likely never happen - i'm not saying that humans will cease to exist and then afterward will colonize other planets
well you should not either because it is idiotic to do that lol.
i still enjoy comments like this after 10 years in crypto. heard guys just like you
fabulously naive comment. people buy stocks for number go up. has **fuck all** to do with ownership. and a share of the profits aka dividends is a minor subset of investors and american stocks globally pay atrocious poor dividends. people buy stocks to see an increase on their capital. aka “speculationnnnnnnnn”
lol, thanks for all this valueable information. now we know it.
i’ve bought plenty of stuff with bitcoin. it’s not my main method of exchange by any means, but anyone saying you can’t buy stuff with it hasn’t tried buying stuff with it. hell, i’ve bought my groceries with it before when i had no cash. all i had to do was buy a gift card using my bitcoin and then bam, i had food for a week. paycheck comes in, re buy the bitcoin i used. sure, it wasn’t a direct exchange, but at the time bitcoin was like . i’m willing to bet it’s even easier now depending on where you want to buy stuff.
we are still in the progress phase maybe there'll be adoption phase.
the point isn’t buying things. the point is having a place to stick your money where our supremely irresponsible government can’t dilute it out of existence with debt monetization or seize it with guns.
if you want to buy stuff with crypto just get the crypto.com card. or the coinbase debit card. i have lots of unbanked friends who buy everything that way
sunshine - jonathan coulton
2050: only small galaxy clusters use it
why? "better watch out for us"? i'm scared! anyone else?
yeah, s adoption of btc increases price will go up and we can use it
canada would not have a choice. switzerland may be able to avoid the euro but then what?
that may work indeed. by that time you will retire with 1 sat.
you guys are watching a lot of sci fi i can tell it clearly lol.
faster than light internet confirmed.
it's never to start, but in crypto it is not late at all.
it is a fantastic time to be entering the market
exactly man, those people should be like you. accept and adopt.
all signs point to self destruction that is for sure
very substantive response from you, that definitely does not prove my point. btc is at ludicrous prices*specifically because* it has failed miserably as a currency. in the same way that you cannot really go to 7-11 and buy yourself beer using gold, you cannot really use btc for its original purpose of currency. this is not controversial, and is easily witnessed just by glancing at e.g. this subreddit is most upvoted posts. the top upvoted post in the last week? [schadenfreude at how successful bitcoin has been as a speculative investment]( the top upvoted post in the last month [makes fun of nfts]( (which i think, per a close reading of the rules, is not really on-topic, but all in good fun), but the second highest is, again, [bitcoin's success as a speculative investment]( in case you think i'm being deliberately selective, in the first page (25 results) of top posts over the past month (at time of writing), 14 (1 result short of a filibuster-proof majority) are some clear variation of "bitcoin is a great speculative investment!" (e.g. ["i have been hodling for x time"]( ["finally investing in bitcoin"]( ["this price crash has happened before so keep calm"]( 5 are "cool bitcoin-related thing" (e.g. ["geothermal bitcoin miner"]( ["laser-engraved brass bitcoin]( 4 are "cryptocurrency ideology" posts (e.g. ["venezuela bad"]( ["bailing out banks bad"]( ["el salvador's president says fiat bad"]( 1 is [a news article about bitcoin adoption]( that could go either way between "speculative investment bitcoin" and "actual currency bitcoin" (the content of the news article, i'd say, is actually mostly on the currency side, but the upvoted comments lean more towards speculative investment), and [exactly 1 is about actually using bitcoin as a currency, i.e. as a means of exchange for goods and services]( even if i toss in the 4 cryptocurrency ideology posts and give you the news article that goes either way as going towards the count of "bitcoin as a currency" posts (so a total of 6), the "bitcoin as a speculative investment" posts (reminder: total of 14) still more than doubly outnumber "bitcoin as a currency" posts... especially since even the most lacking-in-content "bitcoin as speculative investment" posts get more upvotes than substantive "bitcoin as actual currency" posts.
um no. the sp500 paid out 522 billion in divs last year
it's adorable that you think you've made a point here.
you can buy stuff with it as long as people are selling.
i mean you can always go right on coinbase too and trade btc for cash, send to card, and have cash from your btc instantly if they don’t take btc too. so it’s it like you can’t use it for purchases if you need it, i agree with you to be clear. it’s not really widely used as a currency tho to buy things, mostly hodled
ok. go get some groceries with it.
2060: only small multiverses use it
short of wealth indeed. europe and the usa are really troubled on how to tackle this evolution.
you say that like sci fi did not give us the submarine, space travel, and robots. grow some imagination.
maybe, wifi internet by gravitational waves.
> btc is at ludicrous prices. usd is at ludicrous prices. a stronger conversion rate means it is more useful and stable as a currency. here's an example of you being wrong: cheers friend.
umm yes. i dont care about the aggregate nunber it’s totally misleading. most companies pay a dividend of between 1-3%. and in many cases none or less than 1% **that’s insignificant**
seems like you were smart enough to figure it out.
only tony stark use it
gravitational waves are not faster than light :/
> usd is at ludicrous prices. a stronger conversion rate means it is more useful and stable as a currency. good "tell me you've never taken an economics class without telling me you've never taken an economics class" material here. exactly 0 rational people look at bitcoin's price fluctuations and think "such useful, very stability". > here's an example of you being wrong: how exactly is that proving me wrong? because here's the funny thing -- *my comment includes a link that directly relates to that tweet*. i directly cite the usage of bitcoin as a means of payment in el salvador at mcdonald's, starbucks, and pizza hut. i'm very obviously (at least, if you're capable of reading and actually read my comment) not saying bitcoin is fundamentally incapable of being a currency, i'm saying that it has failed at being what it wanted to be -- a modern, decentralised, non-fiat currency for the digital age. indeed, no crypto"currency" has succeeded at this yet, which is why i put "currency" in quotes like that -- they are not currency in any meaningful sense.
only chuck norris uses it
they are currencies you just keep moving goalposts because you would not change your mind and accept it.
man you broke the game
your inability to comprehend what i've written does not constitute my "moving the goalposts" when i try to spell out my point more directly.
> good “tell me you’ve never taken an economics class without telling me you’ve never taken an economics class” material here. meme texting. > exactly 0 rational people blah blah your opinion with no evidence. > bitcoin has failed at what it wanted to be - a modern, decentralized, non-fiat currency for the digital age. you just described quite literally what bitcoin is, then say it is failed at being that. grow up man.
18m, now to find a job to grind for the 100m edit: job interview tomorrow bois,should be a quarter million shib per hour, i rather view it as that lmao.
i’m not fucking leaving!
holding a mere 8 right here. but i'll be up to 10 next paycheck!
i hold over 10 million but lets not let others who have less than 10 million seem like they are beneath those who have more. it will thiscourage new investors. were all kings and queens here no matter how much shib you're holding. =)
65m, but i have over 50m in a coinbase wallet i lost access to. so, i only have 65m right now which is still really good. 🤑
151 million and still accumlating
let's pump the coin up instead of trying to figure out how many coins ppl own
800 mil shib since early oct, not leaving. we’re building this brick by brick (on the moon, of course). outer solar system next
72.9 million. i add every week 👍🏻
enough to not worry about .001 😎
just bought 400 usd worth a sec ago on the dip
i got 2mill shiba can i be a prince?
17.7 mil. hodling the shit out of it
cries in 5.6 million
16million here goal is to reach 100mil
we are all kings and queens 👑
me and my 9mill shib are very offended to not make the cut for this post
hodling ,000,000 shib. fuck you elon.
100 million, why would i sell before it reaches 0.01?
i have like 9.7m but i still upvoted because i’m an xennial and that means i get a trophy for coming close enough
holding 1 bill and not fucking leaving! yolo! want to be a millionaire before i turn 35 in june. lets go!
19000 us bucks worth, from 8200 invested at .000042. i need a calculator to figure the shib, but i skipped my mortgage this month - not rich - yet - but get this 🤫 friday is gonna be off the hook for a bit, if i can find entry and waiting (for paycheck etc) i am going to say a prayer to saint chuck that it comes quick - dips are miracles from the almighty when you have special goggles that can see into the weekend future. if everything goes to shihh i would not touch my gme and i'll survive on bugs and hose water.
my motto was always, if you sell i buy more. buy the dips retards.
3.5m… hopefully i’ll have near 10m next week when i drop
1,004,984,285 target price for me $.002 all locked away in my cold hard wallet
13.4m shib making sure i never have to pay a landlord again
holding 284m now. started purchasing late sept and yolo’d some savings over the last few weeks. total investment cad 8000/- current value cad 26000.
only 4.4m here. bought . not panicking, not buying more, just gonna hold it and see what happens. would be nice if a couple zeros drop off, but it is not going to be life changing. i'm debt-free and house is paid off, so this is hopefully "completely renovate backyard" money for me. good luck to us all.
15.6 million currently in the wallet bought at 0.000065. to the stars!
i just cracked 20m this morning
currently holding 25 mil shib!
it’s wild how just a few months ago that took little effort but now
10m exact, fucking selling
at least a 1-2 year hold for me.
working on it...only at about half a mil right now. fingers crossed.
im a damn queen
i hold 60mil next target is 100mil
been flipping and stacking, only up to 4.5 mil right now but let the price action stay healthy and i'll catch up 🚀 👨‍🚀
joined the shib stuff, no one needs to how much everyone has, but i do fit in this post. still on doge stuff. deep in the ada. very much in sm stuff. we should all love all ways to progress.
1 million and up, the story of dogecoin is repeating itself and even better. i’m few years or months shiba will go over 1 cent for sure. no one knows what the future hold but this shiba inu is promising.
i’m at 9.5mil. sadly can’t afford more but i’m still happy to be here !
only got 6m 😠😠😠 so now i'm gonna be pedantic... it's you're* 😁😁
14.5m shib edit: just upped it to 42.99m
been holding 12 mil worth since .000085. don’t you let me down.
love my kings and queens above 18 👖
i bought 100 a couple weeks ago and was up 1100. i swapped majority of crypto to shiba. fuck the moon, let’s aim for titan!
2m is what i could afford. will not be as rich but will be happy nonetheless
i can’t leave at this price. if it hit 1 cents i may sell half of my tokens but not less than 1 cent.
the question isn’t whose’s hodling the biggest bag it’s who can hold on the longest. that’s the question for the future. don’t forget the impact wales have on our market. just think those of us holding 10’s of hundreds of millions we will be the wales. hodl an live off the assets
13.8m shib at 0.00000724. i like the ~~stock~~! ***coin!***
buying more tonight, just a heads up gas fees are the lowest around 9:00 pm to 11:00 pm est
i holding 1.3m it's all my money...
lets get it dude
i'm still kicking myself for selling my original stack i bought in january, 1 thousand bucks and i had an 84 billion stack. sold for a 1k profit, bought back during the original pump, sitting on only a 1.7bili right now
only 6 million here, had 10 but converted the rest to vet
27 millions, but i will buy more next month.
6m in my bank account
38m here...i had not too much money, i put it all. it's going to be my financial freedom...
jup see you on the moon
i had about 7k xlm that i converted to 28m shib at close to ath and then promptly lost 20%. should’ve waited a day i guess but what’s a few hundred bucks when you’re looking at ?
21 mil here and holding! one cent is my goal! and i am telling everyone except my in-laws hehe about it.
i have exactly 10m. does that count?
19.7m here. my goal was 20m. but now i aım for 100m. kinda broke these days so i dont know if i can achieve that with this price now lol.
only 10 milion shib? come ooon
i love the comunity so much! even if cmc made a mistake, even if elon musk twits i dont care. i am not selling anytime soon!
downvote for only a measly 2 million? or just stay away from this post? asking for a friend 🤥
i’m at 12, i’ll buy another 3 sometime after monday, like many here i’m just moving slow and steady to get to 100
if we have less than 10 million do we downvote or what?
just bought another 15 million to get my ocd mind over the 300 million mark. professional poker player and happened to be cash rich recently. not fucking selling anything until two zeros.
i wish i jumped earlier i'm at 1 million
bought 12 million in may, upped that to 14 mil yesterday. i’m not selling! my boss called doge and shiba a joke coin, i want to prove how wrong they are
shib just needs to hit .00015 to defeat doge's all time high market cap!
837mil. my shibillionaire dream will happen!!
i have 60 millions🤣
always treat a woman like a queen, so she can queen your room.
i'm so glad i dropped 100 bucks to buy 11 million shiba. even at the peak, it is probably not gonna be worth more than 10k, but hey we take those, cause i doubt i would be willing to put in 1000 bucks at this point.
.05 here we come
thanks it feels good to be recognized
i staked my peasant bag of 8.2million on shibaswap. forced 6 month hold here.
my next paycheck all goes to shib.
10 million shib is not worth that much. i have 30 million.
100 milion . gonna buy more.
24.6 million here 💎🙌🏻
41.5 million and holding strong. plan on throwing another !
126,099,736 and holding! let's hit . 000098 tonight!
42 million and strong, since april, not selling anytime soon
30x 10mil shib hodlin
i am not fucking leaving!
10 million? you gotta pump those numbers up guys. lol that’s kid stuff
kinda crazy numbers beeing tossed around here. where do you get all of that money from? i mean 10m are like 700$. that amount is a yeary saving for me
7mil can i still join the club?
*puts crown on self*
i thought you needed 100m to be considered royalty
currently holding 22.4m until it smacks into the moon.
250 million since jun 💪🏾
i promised myself to hold 33 million constantly no matter what... the rest of the position is "rotational"...i would not thisclose much more, that is already too much. i'd like to have a billion shibe though, so i'm working towards that number.
i have 3 mil so fuck you!!!
32mil and counting tooooo .to the moooon
hope you all get your dreams!!!! we are stronger together!!! keep buying and help keep the boat a float. p.s if you want to do bold text put a # at the front of your text :)
in a few years we should do our own billionaire's club... shibbillionair's army club.😅😅😆😆
i'm only at 4 mill, i only just started with shib though.
i sold 26m and now crying
what about losing 4.2mill of my coins cause i tried to transfer to coinbase 8 hours ago
27 million, i remember back in the day you could buy 7 million of shib for 60+ dollars. now it is close to 500.00
had 34 mil - bought back in may when it was booming. my hands turned to paper in july and i sold. regretting that now. got 6 mil back a few days ago at .000038
welcome to the house of fun
20m 👌 and staking reward 2k each day.
60 million and still buying the dips
30 mill but i am not stopping there
107 milly and holding
95 million and a million more on the way!
i hold 5m but i bought them for like 50
i'm 60 million shib in. nothing but solid hodl here.
nice. i'm happy to hold 123,456,789 shib! got it at1,100 bucks almost 4 weeks back!
just bought 100m last week. to the moon!
61 mill here! bought at 0.000008! never selling!
holding 30% of my minimum wage aka 1 million
55 million. i want 100 mil shiba
cracked 20 and feeling good 👍👍
i have 500 million invested 12k yolo👍
18 million and holding.actually thinking about buying some more!!!
i got 11m for 400 , not too bad , not too great. i’m alright about it
102m hodling strong *edit 105m 👀
sitting on 100 million at the moment and waiting for my trip to the moon🚀
holding since january 💪
694,000 shib here. don’t have much to contribute i’m sorry
350k gang, i’m still skeptical but now i’m pumped yo buy more
a humble 2 million
10.6m coins at the moment. i'll buy when i can without jeopardizing potential finances.
too late to get in this? also, whats the ticker for canadians to buy.
just sold my car and bought 550m shiba 💎🙌🏾
just got in with 10m waiting for dat robinhood booooooooost
250 million over here modafuckassssss
156m and holding. i just need it to get to .01…...not being greedy or anything.
only 2m for now. but i will support the cause more soon! : power of this sub is too much for mere human. i got another 3m. stay strong!
we need the 200 trillion burn as promised by the developers , kusama.
when it hits .01 how much would the 10 mil be??? i can’t do the math 😂😂
careful posting your stack. could put a scammer target on your back. never give up seed phrases. never click unsolicited links in your dm’s.
i hold more than 3 billion dogelon and i’m so happy
i guess money can’t buy grammar lol
we need a massive dump to take profits and lower price for a buy back
*you're, you illiterate child.
bored to death about these messages at the top of the group
i have 999,999,999 does that count?
you're * this sub is cringe
i'm close with just little under 10 and i'm hodling to the moon!
we all buy 50 dollars worth
king kong checking in 🦍👑
11 million here, and will buy some more if i see a dip to give it a push back in the right direction.
41 million and half of that is buried (staked) on shibaswap. i am not going nowhere. *kinda wish i had made that 3k trade last august though...*
by next month hopefully ill be at 10million
when posts get cringey, thinking we are a team, that is when i usually sell.
now 110m… i just got 10m more yesterday
i'll be there soon! at 4m, wait for me!
i'm only at 2 mil. i'm doing this so i can actually afford to get more.
20.5 million goal is 50 million and up 🙌🚀
hit my goal 100m shib
does 3 million count? new here but i’m holding!
staked mine on shibaswap yesterday
i got 5m running and 8m staking
i bought an extra 1 million shib so i'm sitting at 11 million shib at the moment. i'll try to add more when another dip comes around.
124mill hodl right here
i mean it only cost me ? ill take it
201m and hodl each one.
only 130000. the joys of being poor.
200mil, long time holder. not a paper handed bitch.
100 million fucking coins baby
20 million here, goal of 100 million.
43m here and more coming!
100 million by the end of the year is my goal
i just got more and now i'm a 100mil holder!
i'm trying to reach 100m
15.4 million, might put . 🙌🏻💎
28 million here. i want it to dip to lower 60's to buy 72 million more
i got almost 100 million
can you use it somewhere?
15.6m purchased by an accidental eth trade. meant to do 0.005 eth and went 0.05. 'm at
15 million and waiting to increase the position till 50 million :)
1m short of 10
only 555,000 for now
queen here holding 56 million plus and yes still adding!
just at 10m on the dot, starting to grind towards 25m by eoy and 100m in 2022
i sold today 😁😁😁
do we still have faith? i can scrounge 25
20 million now! lets fucking gooo
20m here let’s go!
200,000,000 bought for 😳
does buying crypto run in overall average? meaning i buy 10m then another 40m at different price does it fall into the overall price average?
9.6 ill be breaking 10 next payday
78 mil baby let us go!!
just here to show off my cake
if everyone would sell a tiny portion of their other crypto and put that money into then this thing can pump up
only need 7mil more. too broke to buy more
getting there, at ~~4m after buying more during yesterday's dip :)~~ 5.5mil after buying more yesterday and today :)
20.7 mill rocketing in 🚀🚀🚀🚀
not leaving. sitting with 50 million. not going to sell. strong hands!!!
waiting on my payday. then i can buy some moreee🏃‍♂️
100mil is all i’ll legally say
ja ich mach als letzte licht aus...
41 like the king dirk nowitzki
only 7.6 million shiba inus here ☹
what's next for shiba? shibarium is next, shiba's blockchain will change the game and keep shiba in the top 5 cryptos. how large is your shiba bag?
i got in at the beginning 200
noob here - where can i buy shib right now?
was at 12mil but just threw in another ...
and ill do it again
it's *you're. what are we, a bunch of idiots ova here?!
15 rn next paycheck we hittin 30
13 mill i'm aiming to be a shibillionaire shib, shib, shib, shib!!
if all of the kings had their queen on their throne. we would pop champagne and raise a toast.
150m, just bought 10m more today. keep going!
just stumbled onto this? heard of shib, but what is the price range? what do you hope for and what is realistic? should i buy in now or wait til it drops again?
i just bought 18.7 million shib
*sad panda face* 1.1 mil.
222 mil. i bought back in june. holding all the way up with the army!
up to 13.2 after this latest buy
shibarmy. answer with all honesty. how likely is the 10 mill = 100k cenário. how realistic do you think it is. and what time frame can you predict?
lot of money being poured into shiba and evergrow this week 👀
i wish i saw this post before... i hope i'm not too late to the party... just converted another .
38m, let us pump this thing to $.01!
close, i'm at about 7.5 million, and i will likely be buying more!
shibarmy you can even do more then buy and hold. you can sign petition for paypal to accept shiba. petition for paypal to accept shiba inu as payment its free to sign and with this we can get very far! ❤ shiba army ❤
18m and going. buy the dips, hodl the line!!!
only 6.5m 😭 happy to have my little bag though
13.5 currently and trying to figure out how to get to 100 million.
me! about 17 million.
150m here, checking in.
i spent like . (gas fees were really, really high and it was not on coinbase at the time) and it is finally worth almost double that at . holding 21mil right now
shib is life!! believe!!
dang i just got 999 thousand so i’m no queen
32mil i’m not even going to consider selling until we’re at .01 and even then my gut says hold
14 million and holding.
48 mil and counting!
i'm sitting at 2mil, got it when it was like 110. my friend told me to go in and ooooooooo baby. it's sitting at 159 right now.
i got 20m, can i be a king and queen?
sitting on 25.5m and hodling to .01 and beyond.
i have 100m lets gooo
810m coins right now will keep buying till i have 1b
bought 100m and earned 300k by staking
i only hold 5 million :/
200 million. i regret not buying more.
300mil but we need more press to keep it going
i've started a petition to allow beatstars platform to accept cryptocurrency () for every beat purchased (burn). will yall help a fellow shibian by signing? 🤝🏼
just bought 13m shib, pumped to be part of the gang!
i took profit of my billion 400 million. i waited till it dipped hard and just rebought 100 million and i will let that ride. if the big institutions do not come in like they were...the little guys like us would not make this fly much. sorry to say...so we shall see what happens.
20m here at about .000024 avg and feeling good.
joined in the fun with 12m
over 32 million here
working my way to 100m and hodling
21m and hodling! more every friday
i bought 300,000 shibcoin ... made profit
134 mil club. i yolo'd every dollar i can afford to lose in.
26million buying more tomorrow
i am selling a suv soon i will be up to 100 million.
i bought 1.7 million at ten dollars and never left.
i bought back during the dip war back in may of this year. spent 2k for around 240m shib
35m my goal is 100
400 million either my kids go to college or the orphanage soon
almost fiddy mil. and i'm buying more.
66million…i’m just here enjoying this crazy ride, i aint fucking selling!!
ok honest dumb question, do not worry i would not rope, but i used to own 48 billion shibas, i sold them way back, how much would that be now?
just pushed myself over 40m. the last 2 weeks have been a rollercoaster.
57mil. trying for at least 100m before it goes crazy
i’m so close to 100 million 😩
i might pitch in more on the next dip
just six here. am i at least a prince?
currently at 35m my new goal is to double by 2 weeks 🚀
ah crap. i have 9.5m.
i am in for about ... all i had left in my coinbase account! lol i'm a shibu-naire!
i got 6 million, so not quite there yet
100 m and continue loading...
cause you're holding this person's bag 🤣🤣🤣
30 mil and still buying!
i just got in on it, but will be there soon enough!
been adding since may. have over 500m. lfg.
at 10.2m now, maybe adding another 10m soon.
i’m holding 9.5 right now. just need a little more
180 m and holding … we going 🚀🚀🚀🚀 and away
100 mil and holding
anyone want to help me get to 100k
let’s go family. to pluto we go!!!
11.7m and still feels like not enough
54.7 million of these babies!!!
22.8m . i'm holding until double digit million usd and then i'm selling.
i have 100000 :0
just hit 25 mil and will keep adding when i cam til it hits a penny
30 million , adding more soon .
38m boys let us blow this up
32 million gonna buy 15 million more on november 2nd
33 million and loading!!!
over 300 million here
got 346,000,000 target 400,000,000
lucky enough to get in at 200m.
i cannot buy or trade crypto in my state so there is that
i’m a paper hands idiot, don’t be me and hodl!
150m is bag lets go brothas!
17million but i'm not particularly bullish. just seeing what happens. took some profits already
got 55mil i am alittle over halfway …the road to 100mil is like the agrocrag from the nickelodeon show guts
49 million and trudging to 100!
32 mil and counting
if you wish you held 10 million, put her hand up *hand up* lol
12mil mined so far
not to make me rich. just so i can use. i believe in the shiba. not the power.
i have 14mil. is that decent?
30 million. got it in march or so. not gonna sell. better than doge.
30 million slowly working up to 50 mil
4million another 96million left to go haha
buying more everyday and holding. this is the way
i buy a couple million every time we go up just for the fuck of it. dips? idc. i’ll profit no matter what
holding 75 mil have not sold any!
17.65 mil here 👍
30mil, buying the dip and rip. letttsss gooooo
sadly i only have 129,707,000 and i should buy 300,000 more to hit 130 but ehhh maybe when there’s a bigger dip ;)
if no thiefs steal mine i hold them
12.1 million and gonna be buying a lot more . 100 million sounds about right for me.
i am seeing only post about the pump behaviors without any real good post about the token itself...after a while you become tired to read everytime the same things
11 right now, want to have at least double the amount till 2022! 📈📈📈
8 mil, so i downvoted
finally enough karma to post, 102 mil here. holding since june
so f me and my 6.5mil right
145 m and adding more!
just get hold of 89 million 😎 i must be crazy… lets go go go 🚀
112,117,770 shib. up 7k since the start
135 mil tryna get to 200🚀🚀🚀
i’m at 26 million which is about ,800 now.
at 13mil for 100
what should we do with it?
137,834,936 and if it drops under 000055 i'll buy more
55m here. let’s get it!!!
863 million. daddy needs a yacht.
sitting at 14 mil here. . just bought another …
20mil and holding strong
46m and buying every chance i get. meanwhile, hodln
i’m new here (and to crypto) but i’ve already went to 10m... but all i’ve been seing in my country are negative feedbacks, are you guys truly believing it’s not a pump and dump territory we’re on?
i have 20 mil. hoping to to add way more soon. at least another 30 mil.
70mil and hodling 👍
sitting at 13m, spent my tether like a rich bich ahhaha
sweet made the cut, have somewhere around 15 mil
1.9 mill, i’m a bit on the more poor side
24.1 million checking in.
600 million goal is the big b
a measly 13.9 million shib
155 mil hodler here... wishing i could use shibaswap
9.8, close enough, holding till its a penny
i have a little over 13m
43.4 mil hoping for a big pop.
have 43million. trying to reach the 100 million mark.
only holding 2.9 million... thought i had alot but apparantly not!
i just bought 60m. i’ve berated my friends for this crap for months but alas,….i’m here.
130 mil and waiting 🚀🚀🚀🚀
12m and hodling for the long game.
127mil staked, and playing the shibburner playlist by bigger entertainment 24.
79 mf million🤣 holding strong 💪🏻
66m here. holding since 0.0000678 i am not selling until i see a couple zeros drop.
barely. but i’m there.
anyone who bought 760k shiba today? :)
just recently bought in, just before the jump to 8 and again just now on the dip. i have roughly 46.7 million, gonna hodl long.
18 mil here. got 14 mil for 80 bucks earlier this year, got more a few days ago
where's the 100 million big dick energy at?
nah that shit is gonna tank hard
just hit 21 mil
looks like everyone is dumping?
20 mil checking in
57m, in at .0000662. biting my damned fingernails today!
go spam cmc to fix it!!
i’ve put a bit more in. now a little over 1mil shib
14m first by 2nd buy at 9m
i thought i was doing good at 2 mil. you sons of bitches i’m in.
9.5, so close 😢
just opened on coinbase
literally just bought 25mm
so im a shib army real nigga and i bought shib like 4 months ago for no reason other than just because, so can anyone tell me the price skyrocketed and what makes shib so special or what is the teams future plans an goals??
i bought back in may of 2021👁 let us just say i'm here for the long run. 🦍⛷📈
none this don’t mean shit until we at least hit a cent
sold near the top, after having invested ,500 in september. cashed in, bought more...nearly doubling my stack. hodl now... when you see over a 20k profit, it is hard not to take some profit.
you're* stop shilling for likes. it's annoying.
i wish i had 10 million. i have . anyone feeling generous?
85m gonna sell my fb options this week and should be at 150m shib let’s fukn go
85m would love to see this thing hit .01 🤣
only have 11 million. i'm going to ride this. hoping by 2025 it will increase substantially in value
hoping by 2025 it will be a penny or above
i need a few more to 50mm …
i put all my profit from doge into shib 30mil+. holding.
go away shiba the serious coins are pumping rn.
shib will literally never be worth anything. what’s the thought process here? someone prove me wrong. please. ps- 17,230,000 shib strong. 😝
i'm at 16m and some change
i just made my 1st purchase this morning hodl 354,897 but will have over 1 mill by the weekend
i got 74 million but worried i'm gonna lose it
60 million. lets get it to 10 for the lolz and to buy houses... we want a house... or more...
1 billion and counting...
10 million on the clock. gonna buy more
have 100m holding strong, through all the dips 💎🙌🏻
1mill. not a lot but it is the first time in doing this shit 😂
think i’ve got like 30m
76.43 million and counting
i wanted 10 mill , didn’t know it made me a king
sitting at 24.5m bought in at 0.00093 tho 😖
i was at 55mil; but switched a few to iotx and xyo
265+m. not going anywhere for 2 yrs. been in since august. yeeeet!
a few here, planning on getting rid of mine. 👀
thats my make it stack
i’m just under 12 mil.
got myself 20 mil at once, on a weekly buy grind from now 😈
14 almost 15… didnt have a goal in mind tho
227m. 🚀🚀🚀 lemme retired before 25 bb
i have 5 millions... i am broke 🥲🥲🥲🥲🥲
honestly bought as a joke... its the only crypto i "own"...everything else is in silver... 10 + mil shib
18m and counting, i'm not selling...diamond hands for me fellas.
20 mil over here 🚀
i’m in with 50mil, may get an additional 50mil
i just bought 50 million shiba tokens a week ago at 0.000048 . first time for me buying crypto. however after researching this brand. i could not say no... the future looks bright. honestly just seems worth the risk of .00usd
8mil here, my first crypto investment and its holding 100% of my portfolio 😎
10 070 007 😅
does anyone besides myself remember ebay listings for one trillion shiba inu for .95 bin? one trillion shib at .00005 is ,000,000 - i mentioned this fact on stock twits and received a warning and my post was deleted quoting "intent to move the market" i did not mention the ebay part - i was overly excited at how easily i could have been millionaire - good luck to the ebay sellers with those allotments in their pockets - care to sell them to me for three bucks still if your out there reading this, i was just about to buy one *lol**wink* - question -will shiba inu coins ever be taken at face value? could the millions of shiba inu coins we have just be taken as a dollar at face value, and if so - would they need a crypto coin dealer to buy it at it is variable worth similar to how gold buffalo , or how silver dollars could be bought at the bank ? or even how some penny's dimes and nickels have a collectors value worth 's, ,000's, and ,000's of dollars? thanks -
27 million coins and change... will sell for 1 million dollars or will die holding
would love to, at 1.6 and broke af. almost have to cash out. can't bring myself to do it. shiba is about to takeoff
just bought another 257,700,334 $.0000394 to add to my stash! love the way the day unfolded cuz i bought a billy earlier this morning. such a great day! ' looking forward to many many more!
hate these stupid posts. this is why this page is terrible because of people like this
buy saitama ,thank me later🚀
holding... shit... im staking that shit cuz it is a good coin with all these people investing
1 billion 154 million shiba tokens snd hold until it reaches ath again
you should all be embarrassed, you're literally a meme chasing a meme.
i have 10 million exactly :)
casino is open 24:7
congratulations, fun fact 10 million shib is 0.000001% of all shib.
omg! omg! omg!!! help! help! help!!!! i am going to kill myself! 😳😳😳 these days is everithing about crypto and i decidet to put a small amount of money in it. my son always asks me what am i doing and i told him that i'm making money... yesterday my son had my phone and now my wallet is empty!!!! i had only shiba and vechain, and now i dont have nothing!!! 😭🤯🥺 if someone is willing, give me a few coins i will be jumping to the moon and back! _______________________________ shiba bep(20) vechain ________________________________ big thanks to all good people!! love, kayla 😘
you're all going to lose your money lol. market cap is now at the 40 billion dollar mark. ' here is your friendly reminder to get out while you still can. the coin has no room left to go up. there is zero viability behind this coin outside of memes.
please stop buying shib, ita garbage. get some link, woo, polygon, sol... anything other than shib. shib is a scam.
i’m at 15.5 m but 100m is my goal too. let’s get it!!
the reason my hodl goal is 100m is so that for every penny shib hits is another million dollars in the pocket.
sitting in 31.4m not selling until we hit more than a penny ❤️‍🔥
went all in...holdn 69m...to .01 or bust...
100m is the minimum you need for life changing money in a few years. get that 100m!!
same here holding 20mil on coinbase but when it releases on robinhood i have .
grind you would have to because you can no longer get 5 million for
i love your attitude
i thought you were setting up to promote your back page with that “18m lookin to grind for a 100m” lmao i lived in florida for waaay too long
whale alert! 🚨 good job bro! 👊
i hope you enjoy your martinis and lamborghinis in a month. i only have 1.4 sadly but hey if we hit 0.1 some day you and i will both be happy.
nice! i’m at 202m shib and plan to keep pumping more every week. on a side note, you guys should check out redpanda. cool group, charity coin to help rescue endangered animals around the world. a lot of shib brothers and sisters coming every day. dirt cheap right now. cheers fellas. see you guys on mars!
carefully, he is a hero...
one more zero and you’ll be sitting real pretty… not that you aren’t already 😜
how much did that cost you?
leaving? i bought 5k more in shibs and i'm feeding them 3.5k more in banano. my boys gotta eat.
just remember to hold for the long run. don’t let dips scare you off
little story… i invested in crypto for the first time in 2019. i bought (for me) a substantial amount of btc before it broke 20k. 25 minutes after i bought in it dropped 30%… 😵‍💫 i never sold. i was def. freaking out. but now 2yrs later i’m up almost 200%!!! the key is to forget it’s there…. buy all the major dips 20 - 60% re-tracements. (there will be many) but if you have a solid plan and stick to it you’ll be in the green. 💎🙌💎🙌💎🦍🚀😎✌️ edit: “buy” the dip ps this is not financial advice. just a short story.
i bought $.004 2 years ago kind of as a joke and forgot about it. heard something about doge in april so checked my account and there’s . i’m doing the same thing here with shiba. , just gonna hold and see where the currents take me.
hey man it was pretty cool seeing a 60 dollar investment turn into 800 dollars in 3 days. i was so jacked when it hit ath and just kept going but at the same time wish i could buy more
thank you for this comment mate!! i'm holding 2 million currently... cannot afford to purchase more :( but i'm proud of what i own...and i'm glad to be a part of the army!
any shib is better than no shib 🚀🌝hodl
i agree. we're all holding the ropes together. some might have much more strength, but all are important to keep this thing going.
if you have 10 mil and shib hits 0.01 that is ,000. not a bad deal. if it does not you've still made some money.
thank you i have 6.2m and i love being a part of this
i have 5. no 5m.
word to that! anything you are holding is gold and we need everyone in on this.
two million! hope to buy more soon!
how about 760k shiba? :(
tell me more. i have all my 35mil in coinbase wallet. how did you lose access? and where do you have the 65m now.
well you helped to burn 50m then, tyvm!! you're an unwilling hero
help me find those 50 mil 😎🚀
like..."and still accumulating "
yeah i mean last month 10m was like a hundred bucks ... okay. now 10m is like 700 bucks and you're making the price of admission really high.
enjoy your future self 👍
so i assume 1 billion+?😁
dont worry, you arestill a king 🤴
shib is attracting a lot of new members lately, if you are new here i would recommend using to get started, it takes you through the process of buying on an exchange step-by-step with the lowest possible fees. the guide is available in 18 different languages and the additional articles on the site should also answer most of the questions one might have starting out. :)
you will be, it only need to hit like 0.0004 and that would make me like a 110k which is great for a 19 year old😊🚀
"bugs and hose water"...i'm gonna steal that if you do not mind.
be careful make sure you can pay your mortgage. don't put money in crypto if you are going to get foreclosed on
yeah, lucky 13 club! i’m at 13.5 (not to be a one-upper)
same hope it survives
i know haha, you’re the third person mentioning it and english is my third language
10 mil now = =
and it is \*you're you illiterate fuck!!!
i sold 100 million and now would worth 5x. i’m rebuilding tho.
damm then you must be rich af
you’re cringe you fucking loser, did you really just come here to say ”you’re”
shib will make you rich, dont worry
how much did you buy and what did you sell for? 48 billion is a lot of shib.
as of this moment that is about .6 million
its not, come on we have 840k holders this is not a joke
nvm ...now they are 9.3 millions
wtf is this, you saying your som sold everything 😂
to put this into perspective, coins which have massive adoption and usage with viability in emerging markets such as ada, xrp and solana all fight to stay in the 50-70 billion dollar territory. this coin has literally zero use. there is not much money left in the crypto market folks. this is dogecoin at 68 cents. i've seen this song and dance too many times.
22mm and still counting. keep buying the dips to 100mm
i got a bil for 100
fuck, better get on this train. i’ll build to 100 mil as well
right there with ya 🚀
you can do it
so it’s to make the math easy…makes sense
shib is not even 1 penny yet. i assume you mean eating a zero lol.
shib. will not. hit a penny. it will take 10 trillion dollars for shib to hit 1 cent. all crypto markets and coins in the world combined only make 2.6 trillion. do you guys not understand how money works??
.50 would be really nice
you are smart. 0.10 is the goal people.
sold some of shib gains for 550 mill elon.
i probably spent as much as you but got in early……
to the moon brother 🍸
dips shouldn’t be more than ~1
nah fck the end, this is the best financial advice there is. "fire and forget". you may not get rich the next day, but the next year it is guaranteed.
i'll tell you this... i should have been a millionaire 2x over. got into crypto in 2012, then in 2016. both times i got skittish and sold off. i was mining in 2016. if i stayed the course, i'd be rich. let my example be some advice. i tell people now, "let your crypto ride the roller coaster, not you." i have diamond balls now.
i know that feeling man! just put in what you can without jeopardizing your ability to live day to day and jus hodl strong!!!
2 million is strong brother! plenty of shib to make some real money
same here my friend, cant afford much but what little i have i've been slowly growing into crypto. lets do it!
my old phone broke with the wallet on and don’t have the recovery key. i got the 65m in the regular coinbase app now lol.
he said a cum lating tho
this is irrelevant, it is still cheaper than btc and will make you a millionaire faster
noice! lfg bro! 🚀🚀🚀🚀
32.8 milly i'm here with yall
alright, thanks for the clarification ^^^ ^^^
yea!!!!! 🤯🤯🤯🤯 he was selling and buying like 100 times... i do not know how he manage to do that!!! i am desperate!!! 😭😭😭😭
same same. 20mm, gonna keep buying periodically until 100mm.
i just got 1.35 billion ryoshi for about
can i borrow your porsche? 🥺
wel you’ve made a nice return 😂
half way there ... not sure if if i can get the other half . don’t want to sacrifice a lambo only to reach 100 mil
trying! 40mil so far
no i mean if you are holding 100m for every 1 cent shib is worth you will have a million dollars. i.e. if it hits a penny its a million, 2 cents is 2 million etc
there are a lot of things you are failing to take into account, supply and demand being paramount. burning supply with an increase in demand spikes the price. also, it does not take an arbitrary number that you pulled from actually no where for it to hit a penny. what matters is the exchange as with any simpleton view of economics. i buy 4 berries for a dollar, i then sell those 4 berries for .50. the price of 4 berries is now .50, versus 1 dollar. what matters is what people are willing to exchange it for. but clearly you've wandered into the wrong subreddit. take your toxicity back to wsb.
.50 would prompt me to lobby for my state and take care of these damned potholes… so i can buy a slammed porsche and not have to worry about dumping my axels into a crater lol
limit sell is already set at 0.4 for me :p
i actually managed for once to swing trade. imagine that! i started with 10 mill and the price dropped. didn’t think much of it, then it started going and i sold for profit and bought back in, along with 400 ada i sold for it. currently have 38 mill :)
whatever it was, it looks to have stabilized. i’ve been in profit since september, so it’s all good to me
💎⚾️💎 so true… the key is apathy. it’s just money, haha! way i see it, if i lose, i lose… but at least i stood in there at the plate and swung at 100mph fastball. sometimes you miss, sometimes you hit a slow roller to 3rd. but every once and a while you hit a grand slam in the 9th. but, if you never make it to park, you don’t have a chance… thanks for reading my baseball analogy. and congrats on those diamond balls! 🚀🦍🚀
thanks man i bought some elon too just riding the waves man
yeah...my investment has increased by 4 times already
let's do it together bro!!
well this is a salient lesson to everyone to back up yo shit.
how broken? like at the bottom of a lake broken? you should be able to pull that data off. i bet it’s not hard. you may need a professional but that’s about , maybe worth it
how broken? i and many others could be interested in assisting for a share of the lost 35m
i make backup now 😬
you cannot spell advertisements without semen between the tits
cumlating: the art of cumming late. genius.
how? how many do you need to own and why price do they need to be at for you to make a million? at that point point what is the total value of all the coins?
lmao! this shit is gonna make like 10 already-millionaires a couple more millys and y'all gonna be holding some big fat bags.
oh i'd love to but yanno, that info costs. 😉
he was buying and selling? haha 😂 your son is better at this than you
just avoid crypto.com lol
day trade that shit, 80% of the coin that is moving these lines is held by whalebots so if you just day trade alongside the obvious buy, youll be good i bought my first 5mil for 100 at 00002, and by never selling at a peak (just when shib slides down 25%, same for buying dips, i dont try to time the bottom just the 25% point on the way back up) ive managed to only spend now im at 12m, over the last week ive been adding almost a mil a day for free if im patient that day
hey how are those berries doing? lmfaooo
buy a shitbox ram trx and destroy those potholes to all your delight my friend
i support this in its entirety
are you from australia? thats what our roads are like here in my state lmaoo
i 101% support a slammed porsche
the consolidation was perfect. whales can sell all they want in a buyers market. 😎
holy crap find ‘em
😂 this is the best comment
too ol' school i guess ... that is a cool one i've never heard. bad timing tho, cannot much use it in today's cancel-culture
its basic math use your calculator on your phone or computer. 1 million coins multiply by .01 = 10,000
do you take ?
still worth 700% more than when i first picked em:)
makes sense, but i can’t be dumb rich if i’m not dumb lol
close lol that was a good guess though, i’m from florida, where our pot holes match yours and our crack heads match your animal kingdom 😂
that's even more reason to use it
that is my point. basic math. the claim is that shib would make someone a millionaire. if someone owned one billion shib coins. the price would need to get to .001 before they were worth a million dollars. there is currently a supply of 549,095.51 billion coins in circulation. at a price of .001, this would make the market cap value about 549 billion dollars. this would be only behind bitcoin in market cap value. my point is that very few people will make a million dollars on this. unless you got in very, very early, you will probably need to find another route to retirement. basic math is indeed required.
sir, the year is 2025, everyone takes shib *moan*
i'll take a few if you have some knocking around
yet you ignored my entire original point and your entire useless and ignorant argument. you need shib to get to 10 trillion dollars of market capital to get to a penny. it's now struggling to stay above 25 billion.
right! the hell with everyone else and their sensitive natures 😂
you mean trillion. it's not 549 b it is 549 trillion in circulation. there's about three 0 difference. so 1m is about .001 and you do need 549 billion is roughly ethereum's current market cap. so give it 5-10 years. minus all the burns.
i said 549,095.51 billion. this is equal to 549.095 trillion
>there is currently a supply of 549,095.51 billion coins in circulation then what's this?
five hundred forty nine thousand ninety five billion equals five hundred forty nine trillion
wow so do you not see the comma there? 1k billion = 1 trillion
to be honest i'm holding only because coinbase crashed at the current ath, but after seeing that the dip was not that hard, i'm glad the app crashed and stopped me from selling it
increasing my shib portfolio from 48 million to 60 million during this dip. 😤 diamond balls everyone, we gottem!
only the weak would sell rn
i’m not selling for a 300% profit (i can’t believe i am saying this 😅)! for me it’s a million or nothing!
i hold only 10m so i do not get much profit until 0.1 so hodl or die!!
i got rent so i cannot buy right now or else i would buy the dip
look, i’ll be honest, yesterday my value was going from ,500 all the way to ,800 and i didn’t budge on selling. even if my total value (100m shib) was ,000 i’d not budge yet.
i think shib will take the zero in the next 24h.
just went on a shib shopping spree...thank you...
hold, because i’m not a paper hand bitch
bought another 25,051,024, that brings me to 442,567,394
i'm holding till my 24mil can get me out of poverty 🚀🚀🚀
just hold your balls. it's that easy. in 12 months we will be in the .01 and you will be crying. the bull run is not over and robin the hood listening has not happened
black friday came early and shib is on sale, best time to buy now during these dips :d
shib is my retirement plan. hodling all the way
shiba ate a 30% loss like it was nothing! this fukin insaneeee❗❗❗
maybe a little bit late on the initial wave, but i just got myself a quick 100 bucks worth, i like this sub and i'm sick of reading the negative comments on other crypto subs regarding shib...happy to be on board the good shib ship 🚢
holding strong 957mil .00000889🚀💎🚀💎🚀💎
up and up again
imagine selling now and watching it go up again bahahahahah hodl i've been holding since 0.000009 i've seen some shit
i bought the dip today
i am up 900% and still not selling
hodl til 0.25, if doge can be at that and have an infinite supply, we can too with our finite but big supply.
just bought more. lfg!!
dropping a 0 by eod. i feel it in my bones.
bought the dip! 💎👐🏻🦍
cant buy shit,, my exchange being ass as always,, imma hold all the way 💎💎💎
i would if i could afford it! might sell at .01, as broke as i am, 23k would be huge for me and im heading back to school in january so hodling during that time will be even harder to do.
we still are not listed on kraken or upbit or robinhood...i know the answer to the latter, but we!
just bought 365 mil more... boom shaka laka!!!! glta
just keep holding, just keep holding... remember if hyperinflation occurs, we will only be surviving, so it is a necessity to hold on, not a choice, so do not feel so bad.
why did the circulation go up to 549 trillion…?
i have 100 million shib. for some it may be little, but for me this is a lot of money. this is equivalent to 42,000 brl (brazilian real). i'll keep holding, i want to change my life 💎🤲
holding my 1bill and not fucking leaving! lfg! 🚀🚀🚀 sold doge too early when i had 500k doge and not making that same mistake. yolo! bought back in doge before and still made 50k after selling at 0.48. but would have had over 200k if i did not sell. now i'm def holding shib.
guys we back to .76. get in now
just bought + more and i aint selling anytime soon
just threw in another , who’s with me?!!
1000% up, still holding! i don't wana extra cache, i want life-changing money! stay strong - buy this dip!
600,000,000 and holding!!! lfg!
buy! snagged an additional , which is a reasonable commitment for me. sitting on about 37 million shibs and feeling really good about it :) hope everyone is having a good day
love this gang 🚀
hold until it’s life changing money not rent
holding my 10mil coins and bought 200k more. it's not much but its a mustard seed
itchy fingers, but i'm gonna see this hit a penny!
mega hold papi !!!
if you sell you loss... you loss a chance to be a billionaire... so pick your card. you make your own fate.!! if you miss btc, eth, doge, etc ... aim high. remember quick profit might be a regret of a lifetime. 🚀🚀🚀🚀🚀 hodl and follow your dream... ps: if you become a billionaire or millionaire please donate to the people who are in need. ❤️💕❤️
holding hard like die hard the movie
not gonna sell until reaching the objective. and there a long way in front. hodl!
bought a shit ton more
pay day tomorrow, cannot wait to buy shib and contribute. thank you brothers and sisters. this is the way!
i am up by four figures and still holding. this has the potential to be truely life changing for holders.
going up again right now. lfg
life changing money you say? want some inspiration? this guy is the defacto diamond hand: [ .7b in 400 days with a , nothing short of amazing but if he is holding; what do you think you should be doing?
i’ll die before i sell
converted all my vet to shib 🤠
should i buy shib now ?
i'm 1100% of profits but still hodl. i do not fking selling!!!
buy it on sale. get some dip and grab your chips it is time to snack until shiba eats another 0
hold shib and don't forget to show love to saitama inu as well guys! it's coming right behind us and its set to explode next year. get in now while you can
if you sold. i hate you.
holding for at least a year or two. only 20 million though.
i just got in on this ride, first time so wish me luck!
yup. bought more this morning. 🐾🚀 if we each buy even (the cost of one diet coke), shib will keep going up. better yet, giving up one soda . remember friends: successful people drink water! get sober. buy shib. live well!
if it makes .1 cent, we should all have a virtual party. if it hits .10 we should all have an in person party that we all fly or drive to in our new toys.
121m hodling strong. lfg! 🚀
i buy no matter the price.
keep stacking till you get millli
we need a boost we are not able to pass the resistance of 0.00074. i purchased more coins to break that resistance but by myself i am not able to do that , we need the entire # to break that wall, let do it let’s break that resistance and march forward.
buy buy buy anything under a dollar is a sale
just bout over 13 billion
here only for millions
’s fackin gooooo 💎🙌🏼🚀🚀🚀🚀
imagine selling 😂😂 hodl hodl hodl 🚀🚀🚀
please stop karma farming
bought the dip lfg boys to the moon 📈📈📈💎💎💎
just sold all my ach and bought more shib at ath fuck i hope this works
hodl for those that cant invest yet 🙌⭐️
why did circulating supply go from 394t to 549t (according to coinmarketcap)
put another 300 in
wake up america let’s do this!!!! a bunch of babies overnight took it down. silly of them
i bought 250k more. i wanted more but the wife would kill me. lol
help idk what i’m doing. i bought . i have like 260k coin. help.
shibas hodl the line
just put another 20 bucks in, holding 10m tokens! 😁
i hope more people sell so i can buy it up 🥂
i just got in . gonna keep chipping towards that beautiful moon 🌙 💕
hodling! kinda hoping this dip stays til tomorrow morning when my direct deposit hits to buy moar!! gain train is still on the rails!
everyday i buy 1.5 million shiba…. well i started monday . i have a ’ll buy whatever amount i can to at that budget . i wanna keep that pressure on the dip
thank you so much!! love this communtiy, cashing out a bag but leaving some to support the rest of you. i wish you guys the best! going to go buy some ass 🍑🍑 with my profits (asm) going to 10x my money again and retire!
i bought a couple million when it dropped into the 6000 range in the morning! i'm now holding shiba on three different places!
holding my shit till i can buy my gwagon!
this is like the third fomo wave ive been through, holding 32 mil tokens and aint selling until at least .01
holding until i have enough to buy my parents a new house
i sold enough to cover my costs...now i can hold forever with no fear of loss. lfg boiiissss!!! 🚀 🚀 🚀 🚀
i’m not selling until my life is changed forever. im up 10x, only 4 more 10x runs to go.
man look at all those panicked sellers!
bought and holding 100 m shares. 🐶🪙
hold the line the turnaround is almost here
hodl for sure. buy dip
these diamond hands are holding so fucking hard under pressure they may turn back to carbon
lets fucking go shiba fucking inuuuuuuuucoinnnnnnnn!!
everyone and i mean everyone should be f***ing hodling. i made a 7k profit from the past couple of days, that’s cute… i’m in this for the long haul, who’s with me!? i’ll see my diamond hand soldiers on the moon 🚀🚀🚀
i’m staking, earning some woof woof. waiting till half a cent
okaaaaaay you had me at buy…
holding and buying. shiba is my nft coin doge my currency and amc is my middle finger to the man... what a time to be alive
shouldn't be a question. just hodl...
holding on like tommy lee jones held onto his daughter in volcano. remember that one? she was always somehow in danger and the man in charge of the city’s safety has to rescue her, just him. noone else. shes all dangling above a lava flow, chillin in a car thats about to be engulfed in flames, just standing around while explosions are crawling towards her, got buildings falling on her. like volcano is a dumbass movie. just as dumb as the paperhands that got spooked this morning. buy the dip
always holding i’m down 7000 but still holding and bought on the dip and i’m not fucken selling!!!!!!!
just threw a little more at this dip
i have shib but safemoon is way more likely to make rich than shib i hope they both get to .01
ima hodl like my life is depending on it.
shiba is gamestop 2.0.
i'm swapping my bitcoin for shiba as fast as i can mine.
transferred .2 eth for shib
hodl that line soldiers!!!!
i aped in a few k with money i can afford to lose. thought about doing it the past week and have kicked myself every day.
just yolo’d a blue face. save me some space on the moon!!!
i'll just leave it on shibaswap. no rush.
just bought 1m for an easy
paper hands are crying
not selling for a measly 1000% profit i need at least 50000%
welp im in fuck
everyone who held is sitting in a tub of money
don’t let the corrupt mfers win!
congratulations to everyone who made it through the great spooky dip without succumbing to the temptation to sell
still waiting on a check for my spare kidney then i buy more.
let's go! keep buying the dip
i was watching that fat dip last night and some azzhole shorty was streaming only to see the thisappointment in his face. it was nice to talk sh0t to him.
got out last night. just bought back in. lfg
converted all my 500, i slept on this coin as a moron the past months listening to apes in satoshistreetretards instead of graining insane profits i gained 30%. to the moon
just bought the dip and doubled down. holding 29m shib. y’all got me as a believer!
i will say i was crying watching money melt from my accounts. but it happens every time the token spikes. i watch it go way up then back down a little. i’m trying to teach my little sister whom has never traded anything except maybe weed for coke in her past life lol. she’s clean now and well she doesn’t have a lot of thisposable income she’s doing well and she rents an entire house for herself. so i’m trying to get her in on shib. had she gotten in when i told her she’d have taken that 500 she had in savings and made it into 2500 easy. but she saw paypal investing and went with that. i tell her it’s like going to the casino and winning. you win a thousand you don’t usually take the entire thousand out. you end up taking 700 bc you play down a bit.
to those who fomo purchased at the all time high...consider it a lesson learned...and next time, only buy low!
heads up too that we have not reached a million wallet holders on etherscan….nor have we launched on robinhood
i’m holding until i retire off this lol i’ve thrown more money at waaaaaaaay less in a casino lol
[ shiba is still looking great despite the dip... keep holding ! we will come back stronger!
1.41 billion baby. to the moooooooooooon!
is it still in a dip?
its heading back up... buy the dip and hold!!
doge go brrr so we can buy more shib 😎🤑🥳
we've got the no.10 spot! let's make it to the top 5 🚀
looking to buy more today at the next dip
shibaaaa kamini somaa kandarkram shibaa kamini somaa kandarkram hey!
just put 50 bucks in, might put another 250 in.
you guys don’t see what happens whales taking huge profit now . this is not looking good
buying millions. hodling millions.
love is not always on time
holding my 32ish mil shib. let's get to .033ish so i can randomly be a millionaire :d
1m shib just bought, excited to start investing. pray for diamond hands!
holding and staking on shiba swap
just bought up some dippppp
wow 4th position taken by shiba inu in coinbase keep it up should be no.1
only holding and buying. i just wish people would stop selling their shib profits and buying doge with it. i'm still buying both but i'd never sell one for another.
holding, buying, hyping!! lfg!
holding and buying learned this in
is now a good time to buy in?
just bought my first !
buying moreeeeee…. love it 🥰
hodl until i’m a millionaire
i gotta hodl, i have to believe. i have to look at my math and i have to do the right thing and i think my chicken is burning so i must go check it.
bleeding out. the sadness right here. fucking hell.
i put , then traded my . hodling as long as humanly possible. 5,000,000 shib in my account.
when the dip keeps dipping 😂
hodl! i just bought 1 million more shib. thank you short timers!
i've missed too many meme runs to miss this one too
i’m buying the dip!
no way, i fomo ed in like a tard seconds before the ath and then the price dropped like a creamipe out of a gaping...well never mind. i need to git my 63 dollars back.
as newbie i’m still trying to consider holding
here i go again on my ownnn... goingg down the only road ive ever known...
what is the exact date the petition started to get shiba onto robinhood?
first time buyer, got a million of these lol
today is a dope time to buy all!!
just sold my 300 million for huge profit. will buy back in soon. shib to the moon 🚀
i heard hertz is gonna by 100,000 gamestop ps5s to put in their teslas, so i’m holding.
i'm definitely taking profits on this soon and putting it all into samo, just like i took all of my doge profits and put it into shiba. don't get caught holding the bags!
i just converted all my doge into shib... it's shib or death!!!
y'all so stupid lol always take profits
took profits and bought dogelon $$$$$
made more money today shorting. why hodl and lose money when you can sell your long and go short and make even more!!
moon?? fuck the moon bro we’re take this ship to jupiter 🚀
i bought yesterday near the ath... but overall still up from my holdings
i cant buy! fcking [crypto.com]( sucks lol
bought 4,200,000 for the lols a month or so ago for . we holding strong >:)
i have 200 million holding very calm. and i have a stop limit in case a whale happens to screw up my life 😂😂😂🚀🚀🚀🚀i will buy more today.
i made a decent (for my broke ass at least) profit on doge, been watching the shibe shenanigans from the sidelines with a big god damn smile on my face, i finally got the courage to dive in with , hopefully i've not missed the boat completely, bit the enthusiasm is infectious so fuck it
shib to the moon!
just bought 2 million more on the dip. holding a good chunk. 🚀
i'm holding because of the little i put into it and of how low i got in. now under any other circumstances i probably would have sold. i mean being up 1000% is ridiculous. however, seeing that there is a high probability for further growth you would be silly to sell at this point in my position. although, i could understand folks who invested a couple of thousand wanting to sell.
eat this dip with the chip, buy each 20’s go
first time holder, bought the dip last night!
hodl my ass. i’m selling as soon as i see the profit you guys made me :)
sucks, i do not get paid til tomorrow
hodl’ing. i’m not in this for a short time. i’m in it for a long time. life changing money. i’m not paying capital gains on a little. invest and wait!!! patience danielson!
i am hodling !!!
up 150% on this ridiculous meme coin. crypto is crazy.
\ popularity on coinbase :) still holding strong.
i just wanna get out of poverty, guys. hold my hand down this path. teach me the ways. we'll live good lives yet!
hodling for ever bois and gals
absolutely no sense in cashing out if you bought at .00002 or higher… hodl and wait for robinhood… and then hodl some more!
1 cent or bust
if i hit a million i'm still staying at 5 million ill start considering taking a million out 🤣.
diamond hands mf! 💎💎💎💎🚀🚀🚀
riding the roller-coaster with y'all!
i bought the dip and it keeps getting dipp-ier.
i'm just a mere shib noob, but i am holding my 2.3mil to the moon. stay strong everyone.
i just upped my anty and and am sure i officially qualify for r. might level off for a few but we're not even close to being near the top top; i fully expect this to drop another 0 very soon. for those doubting, go look back on the doge threads and it is charts when it was still below a penny. and then compare doge's utility to shiba inu. take a look at the number of members on the doge reddit compared to shiba inu; more will be coming over, we're likely just the first 1 to 5 percent of people getting in. this is still just the beginning,, and i'm very excited for the prospects!
heck yea! shiba has saved me from my dogecoin loss! 10m shiba and holding!
just did it bought the dip. i also burned a little less than a million yesterday.
it's going dooooooooooooooooooooooooooown!!! buying mooooooooooooooore :d:d:d:d:d::d:d:d::d:d:d
starting to feel like i bought too early, before the dip.
bought dip. lets keep going!
question: say we hit big numbers in the future - how do we cash that out without limits? i’m holding in both trust wallet and coinbase but can’t work out how what the limits are.
dumb question - i only have robinhood so how can i buy shib?
does anyone think the extra 200 trillion supply will hurt us?
rh listing will be game over for doge. doge is trying to make one last hurrah
who cares if all us little fish and retail buyer team up and just buy shib and doge amd take them both to top 5. this will go down in history
😭😭 i cannot push until next friday, 16 million club. but i can hodl until .10
im still having an issue with coinbase.
only a fool would by dogecoin right now and sell shib
robinhoods gonna dump on retailers just like they did with doge, i'm calling it now
i like to call it a sale
i used all my money to buy yesterday :( still green though!
buy i am out of chips 😔
where 100 trillions of shibs came from last night ? 🤭
glad we got rid of some more paper handed bitches today🤣
hold the lines mfers.
i’m sitting on almost . half from a month ago and another half from the middle of this month. i thought about dumping , but i’m on the fence.
buy while it’s at a thiscount before the next run!!
i bought my shib so i could forget about it on purpose, until i see it on the news in 10 years that it is skyrocketing
stupid coinbase is not taking my credit card so i cannot buy more on the dip :( but i do own 4million of them.
bought more today when it dipped a few hrs ago
saw that dip, got a few more mil.
gotta find someone dumber to sell to! hold on tight!
i guess divide and conquer…. we are now again all over the place.
where we at, boys? shall we purchase some shib or what?
guys, i got a no coiner giving me shot in my dms. can some one post for spaghetti eddie how many coins are in total circulation as he ain’t buying what i’m saying (4 trillion of which 40 percent have been burnt is what i’m telling humans apparently cb is saying there’s more so ed’s posted we’re all idiots and getting scammed).
please sign the shib petition on change.org here is a video that explains it;
why does everyone keep asking if holding…...for fsake don’t we know that answer yet…???????? if you are a whale and buying ….you probably won’t be holding !!!! if you are “here” you probably are…! right!
i just got scammed at this link which i follow from youtube video:[ i know i am totally stupid...i am just begging for the wallet owner : [ [please]( do return me my shib... thats all i got during this hardtime. i use credit card etc trying to survive with my family during this hardtime. i pray for your continuous health, prosper and wealth. the transaction screenshot: [ [i]( am stupid... you have won. but please i am in need. please just 207021195.98 shib to my wallet address
i’m selling shiba and going into dogecoin. then once dogecoin is done when it’s run ima coke back to shiba. i feel like that’s what every crypto degenerate is doing.
anyone having trouble purchasing on binance.us??? i keep getting a message about insufficient funds even though it’ll allow me to purchase anything else
holding and watching all these autobot buy. lol. this is not going to help the .0001 parade. hold. only buy.
lost 7000 of profit still holding until its in the millions
how much will be a good number to start buying
dropping faster than brandon’s approval numbers
listen! you dohs go to your grave hodling! understand?
liked!! anyone familiar with req coin
shiba recovrry huge tomorrow 🙌 👏 😳 🤪 💪 😍 🙌
wait. why are we going up?
you’ll be stupid if you buy shiba, unfortunately this ship has sailed. it made a lot of people rich and it accomplished its purpose.
pack your bags, the hype is over boys.
shiba giveaway is going on, received this on facebook from a friend. good luck people!
cant believe people bought my stack at 080 made so much money on this ponzi. ouuuut haha
dips are caused by a sell of. your telling people buy when people are selling.
lol everyone is selling their shiba for doge now hahaha
shibu doublin is live on twitter now, posting link >>>
so when’s the best time to cash out?
gonna get downvoted but sold all my shib for a 500.0001 before the dip. don’t worry i’ll buy if it drops to 0.00007 or less
i like shiba but you guys know that this doggy is gonna get 1 leg up pee on the bear & get blitzed & yes it’s inevitable… elon musk tweeet was a sentiment to piss of bears. & what does shiba resemble a bear or a bull???
shibu event for doublin is live now, share the link >
shib is my ira, always hodl baby.
newbie here: mind breaking down the acronym?
shib is attracting a lot of new members lately, if you are new here i would recommend first reading up a bit on cryptocurrency. don't just jump in on fear of missing out. make sure that you know what you are getting into first. you can use to get started, it takes you through the process of buying on an exchange step-by-step with the lowest possible fees. the guide is available in 18 different languages and the additional articles on the site should also answer most of the questions one might have starting out. :)
ya man, keep holding. a year from now, you will regret having sold. it’s going to go up very quickly. what we are seeing now, is just the consolation phase which is to be expected after such a massive move in the market. think of like the tao, always expanding and contracting. it contracts to build up new energy to go to the next resistances level.
right there with you my fellow shib
it was fate jarro. your one of us now.
i'm holding my 44 million
ozza!! you just got promoted!
20-25 for me. some of the new millionaires are paying off debt, next year when it hits .01, we will be there
these numbers are going to look so massive a year from now when shib is closer to a penny.
or those doge idiots pumping doge with profits from shib. i can’t wait for their whales to dump as they become literally food. ayy lmao
only bitch hands sell
the sells are all whales. buy the dip and wait
or the misinformed like our friend eddie below.
i thought about selling and buying low, but i really do not want to deal with the taxes on that. holding 240 mil still, probably going to buy a bit more
this is the way, don’t worry brother me and you both are for the make or break
>t isnt it fucking thisgusting , im not taking out 250 :d there were times i jumped on 20 percent gains like a horny rabbit :d
40,000% is all i see put of this pump but maybe it will be 40,000,000%
your right and what if you lose at least i’m broke anyways
i agree. life changing money only. hodl!
i’m in your club nael.
a thousand times a thousand upvotes my friend. shibcoin millionaire has a nice ring to it.
keep buying brother even if it’s …. skip the mcdonald’s lunch and buy some shiba!!!!!
i'm sitting on just over 12 mil, so i feel ya.
it will never reach a penny. that would be a 5 trillion dollar market cap, or double the entire crypto market cap right now. '
nice. priorities first 👍. the army will take care of things while you prepare 💎👐
i feel you i only put in 3'll put in another 3$. 😅 yay broke adulthood
you could live in a cardboard box. then you don’t have rent. but you’ll have to move very time it rains.
i really felt this one
it’s ok, we will still be here when you get some more fiat
i am in the same boat as you - for my money, will need another 10-100x
about a zero % chance you will get that money back
this is the plan
i think 48 hours...
cheers to 30k +
when did you initially buy in?
oh man, if robinhood lists it, it’s going to be a mad house! the numbers will skyrocket.
do you know what the mc has to be for that? some of you are going to get wrekt.
what is the market cap if shib hits .01?
or the nft game.
...those gas fees though
not so much anymore
the shibarmy thanks you for holding your diamond balls.
i am a baby compared to you, but 100m at .000007 😁
63.5 million at .00003ish
revolute is a great european app to try get on as well.
always, you should always buy shib
yup! just bought some saitama myself the other day on the dip. actually at a almost + profit already now that its back up, short term, but its something. cant wait to see what it will look like in a year
yo i’ll drop the fattest stacks known to man if that happens
do t be sad gap…we’re pumping rn!!
goodluck. soon we will all be saying "what dip?"
someone is happy remaining on planet earth.
use crypto.com or coinbase
here's a joke! why cannot your nose be 12 inches long? because then it would be a foot!
dollar cost average it in king.
i don’t think we are…just think some folk get a little scared. don’t be scared guys and gals…these swings be normal, besides check the hourly chart…
buy a little now and save some in case it dips more. don't even think about selling it. make sure it is money that does not matter.
i’m down if you are rob!
porque no los dos? -everyone cheers-
now is a good dip
...thats the point? people sell and you buy the thiscounted price of the dip. rinse and repeat. profit
fucking scammer right here!! if your not a scammer the doubling shit is... be careful folks don’t go sending your coins to anyone
always do what you think is best for you.
welcome newbie to the shib army! glad to have you here with us. this is the way.
this is just how the army stresses the importance of diamond hands over paper hands. aka do not sell when you get nervous, be happy and buy the dips brother
this! exactly what i keep telling myself. i'm at a 600% roi right now and i've thought about pulling out many times. but i hodl and watch it grow more each time.
relative to my thoughts on the price. the dip is right now as i post this. i'd still buy anyways at 70 or 80 anyways 🤷‍♂️. i know i'm going to be hodl so i'm not too worried about some short term loses or 'expensive trades'
doge dumping would only be temporarily good for shib but bad for shib in the long run.
doesn't make sense i doubt that is what's happening considering doge is sitll a quarter. in fact i sold all my doge just a few days ago for shib. if people are selling shib for doge they are basically saying they would rather double or triple their investment at most, as opposed to the insane turnaround potential for shib. doesn't seem likely.
ヽ༼ ຈل͜ຈ༽ ﾉ raise your dongers! ^^dongers ^^raised: ^^58350 ^^check ^^out ^^^^for ^^more ^^info
thats an interesting perspective...i had never thought about that 🤔
doge only at 31... that is no pump... f that
whats with the hate on doge?
yeah this is they way which is why taz and jaz and all of those little people came and started dancing and then mr. peanut came and started telling story again, and then batman came and pissed all over the place and then that guy with the yellow skin came and grabbed this big dick and gave it to everyone and then the man with a white face came and stuck his middle finger in his mouth and started eating his cum out and then the man with the red and black skin came and got on his hands and knees and put his head between all the pussies and started licking up all the shit he ate and then starfire came and started eating that guy's cum out and then jaz and all the other aliens came and began touching themselves and making out with each other and mr. peanut came and asked if he had all of his cock and the guys with the black skin got all angry and said no, we have all of our cock, mr. peanut said we should not have come to the planet
our standards are getting higher and higher!
ha!! i would rip your arm off in any of my other coins!!
same, i got like 7m, so f me that i didnt buy more, i bought them 0,00002269€, im so sad that i didnt buy more
hope next dip will get few zeros ))
let’s make you a budget so you can buy more lad
i’ll gift you .
what, cause it started fluctuating again? as of now i still have ,000, which is still a significant increase from ,500. i started with like only . “zero %” you’re funny.
why type out zero but then use the percent symbol?
i'm just waiting for the rh listing. i bought in .000027. when the rh listing happens, i'm out within 24 hrs.
hope they were just joking, cause if not...yikes.
just bought 1. lfg!
i will be messaging you in 1 year on [**2022-10-28 21:07:55 utc**]( to remind you of [**this link**]( [**14 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
right, if they do better than we do better. i would love to see them get to . we all do better when we support one another.
actually it is, as per various new outlets, it already happened. you can always check out the numbers thanks to blockchain tech yourself. sir your misguided assumption is lacking any factual claim as oppose to mine. feed this guy some more: dh5yaieqozn36fdvcinyruergvglr3mr7l
want to bet crypto? i bet you won’t cause you should already know you’re wrong. proof is in the pudding, stop being a sheep
it’s in the news this morning, that’s why doge is up.
for them a .01 is a pump lol. they probably super ecstatic. waiting for my friends who bought into at .60 and above to recoup losses lol.
i don’t hate doge, it has a lot of potential, just on hiatus because one whales owns 28% of your supply, and that whales account mirrors other accounts transactions in the rich list, so why would anyone invest until said whales sell majority holdings. hell don’t take it from me, just ask elon your doge father, who shares the same sentiment.
my my god this person is a literary genius.
as are our gains
new sale next dip. you buy then
my guess is you haven’t been around the block very long. enjoy the ride i guess
make money and get out. don’t think it’s a long term play.
always ultra ultra hodl!
i wanna see doge to 1¢ at minimum. let's lift all boats.
yes, but certain variables must be met prior to this feat. i wish my friends recoup their losses sooner then later, some bought in high thinking they would run with a quick flip. time.
the fuck are you even droning on about? did you actually have a point to make or was your plan just to go dur dur dur your wrong bet me or else dur dur. miss me with your dumbass nonsense thanks.
i was wondering what was going on!
its a lot. but i think what they’re really trying to say is hold, just hold... ignore the haters. we’re all on the shiba inu voyager now and there’s no going back. we are also taking mr.peanut for the ride.
this is how i prefer to start my mornings.
i’ve rode gme, doge, and now shib. i’m having fun.
… that’s not how emphasis works. what were you attempting to emphasize?
shib is the definition and the mecha of long term plays. literally has a finite supply, every day coins are burned driving the value up
and i want to see world peace. just as likely as shib at .1, ever.
go cry to your mother, not on reddit. bet you already did. oh wait you can’t bet your mommies money
then you are truly a genius amongst men
relax mate. no need two get triggered
then more will just have to burn.
funny considering you were the one who somehow got offended by my completely practical assessment of why it would be stupid to sell shib for doge and was like stop being a sheep! of which by the way you still have yet to actually articulate wtf your actual contention was there. you just kind of typed some nonsense with no actual point and then when i called you out on that dumb shit you doubled down with more nonsense. so do you actually have a point here or are you really just that stupid and have no clue what you're trying to say outside of dur dur your a sheep dur dur cry to mommy dur dur. seems to me if anyone here is spending mommy's money it is you. clearly you cannot be older than 14.
like anyone’s going to read that much nonsense spewed forth by an idiot sheep of reddit. ayy lmao
ヽ༼ ຈل͜ຈ༽ ﾉ raise your dongers! ^^dongers ^^raised: ^^58355 ^^check ^^out ^^^^for ^^more ^^info
that's what i thought bitch. not surprised it does not take much to confuse you.
retort to name calling online, you are the only confused individual spouting lies and nonsense for entertainment. love when these children act like that with attitudes online, they know they would never act out in public. ayy lmao
i'm sitting here watching paint dry 🤣 thinking about shib going to the moon.
it's been going backwards. shib army let us retreat and hodl somewhere where there is food booze and weed.
well already lost half of my money now don’t give a fuck if loose all of them. i just trust shiba
i'll watch it hit 0 before i sell 💎🙌💎🙌
holding and buying more
shib can be 0 aint switching , i love the entire ideea and the entire vibe around everyone from the comunity !!!! soo lets stay strong toghethere and fight as one !
1.4billion shib at 0.00001639 (23k usd i spent)
2.1b reporting in!! holding forever ♾️
hodling and buying secretly from the queen😅
i just buy and do not sell. i had almost 1m of dogecoin and i sold it because everyone said it would never appreciate because of currency inflation. it was said that there was a lot of currency on the market and that it never reached 1 cent! today i only have memories ... and only 1100 dogecoin in my wallet. now, i have 5m shiba and i will never sell before i reach 0.01. i agree that shiba inflation needs to be controlled more. burn more coins and stuff. but if the number of holders increases and the currency gains fame, it values ​​even though it has a high suply. the market has nothing to do with numbers. it has to do with the human mind. if one day this community reaches 1m members and the currency starts to be talked about in the newspapers ... it values. i also think there is a lack of more decarity shares involving the shiba currency. with dogecoin i and 3 other members of the reddit community got together and donated milk to homeless people. i have the video on my youtube of me donating with the dogecoin shirt. if anyone is interested in starting to think about a popular campaign, i promise to help.
i seriously do not understand who the fuck is selling at loss...
not only am i holding strong, but i continue to buy more 💪
here until i die brothers
this is a pretty good-sized community. questions or not, it’s unlikely the devs are going to abandon this coin. everyone’s learning and they are probably dealing with the challenges as best they can. folks should hold, buy if they want - i mean, it’s still cheap as heck - and keep the enthusiasm going to help grow the community. also, it’s still about 7-10x more than when i bought. the fact that it was several fold higher than that doesn’t mean i should be a pussy and call it quits. how high it went was just ridiculous, even the current gains are ridiculous. have you guys ever traded stocks? you go up 0.5% and you’re doing the happy dance.
👍 i bought additional 60m, making a grand total of 420m. i'm holding prior the big jump and i'm not planning to sell! hodl, this is the way!
holding until i can stake it.
bought 3 mill earlier. up to 15m now. not much, but it’s honest work.
just bought and swapped for some shib today , i’m the rookie 🤓, with 💎🙌
the lower it goes the more i can buy...if i get to 1 billion ill burn 500mill
we need shibaswap now, or updates on it. this isnt about just hodl or shut up and leave. thats why people just start panic selling. we need leverage over the fud. i saw other people asking for updates and people went: go check elsewhere, or this site. is it really too hard to just have updates, anything. are we just holding with any backup but only promises? i am also holding and its on me if i lose my money, but we should be helping each other, especially now. if we dont keep our people interested in the coin (even the paper hands ones) everyone will leave eventually and we will tank. im not asking when lambo, i like the community and the coin, the promises, but its getting toxic even just asking.
holding strong and buying more!!
holding all the way, mars or bust!!
if by hodling we mean buying more, and by buying more we mean, buying a fuck ton more, then yes, i am hodling!
wish the reddit forum for global hunger was this active and the people there were this enthusiastic. millions of children would not sleep hungry. just started investing in crypto. proud owner of 17m shib. still buying the dip. target 100m. want to utilise this platform to announce that the moment shib reaches .01 i'll donate 10% of my holdings to charity. i wish this would become a thing.
holland is also holding . on are way to 0,001
i kept buying guys...but i'm not gonna lie i've been super strong with the hold...i'm just worried that as everything continues to drop that shiba will no longer be worth anything that being said i only invest what i can afford to lose so it would not hurt financially but it hurt my thought of the coin and community as i very much want to see it prevail as a people's currency just as doge which i am invested in as well...i am pro shifting the wealth across the board instead of how it is now of rich or us!
at 60 mil trying to hit a billon
been buying more went from 40 million to 90 million
bought 13 mil. now hodl
feast or famine i keep buying lol
holding! no need for coward paper hands
hodl all the way to the last zero, wether it is up or down. i got in earlier than most, and my profits is down to nearly 90%, but i am still winning.
i’ve got 98 millions. i know that it’s not too much but i’ve got fucking diamond hands. not leaving. hodl
just bought 1,500,000 more, what a 🔥 sale!
i’m sitting on a couple mil and some of you bastards are approaching a billion. thats fucking awesome. imma go buy more
when people are fearful, get greedy. when people are greedy, get fearful.
still holding strong! this is the way! gonna laugh to all the paper hands out there who sold for a loss and end up buying back at a premium 😉
i’m holding until we all make a considerable profit or until they are worth literally nothing.
so i hope it is genuinely understood that i do hold shib, and plan to continue for the long term. however, i feel branding of shib makes this community stand behind doge, and does not help it stand out as it is own project. i love crypto, and see value in many projects but this is the only coin that i have that i dont feel has a clear message or purpose. i'd suggest a rebranding and perhaps some partnership conversations that could help outline what shib is doing and what it will do down the road. look at matics growth and changes to create a more sustainable and defined project. too many coins have a quick and hurried jump then fall flat and dont climb back. that's just 2 cents folks. interested in feedback.
hodling 100m . i believe in shiba!
proudly holding 20,000,000. moon or bust.
ordered 86m over the last 8 hours. buying more as i tp on other assets. :) dropping zeros when the swap opens. ;) don't bitch later if you do not buy now.
guys i believe in this project and now that the price is 0.000008+ i'm not sad i'm mad that i do not have more money to buy 😤 do not forget in investment business the key is to be patient and do not get panic from the dip . when the price is low there are 2 sides to see it 1 : you lose money 2 is cheap to buy so buy buy buy shiba
just bought more 7mil
over a billion strong and adding more.
20mil shib to the moon bby 🚀🚀
holding long term 50 mil, not selling
i will either reach my profit goal or i will own every , there are no other options.
not only am i hodling strong, i’m going to buy more of the dip. i have a lot of chips that require delicious dips.
holding, and will be buying more next month
i’m here until the end of the line.
still buying the dip! at 75mil. i’m running out of spending money 💎🙌
50m. call me capn :)
i have 95m that i bought for 100 usd... holding them i hope someday i can buy a house with them
i just got in yesterday. what the hell, i've lost more money on dumber things than this!
holding on to the 70mil
i’m down so damn much, i ain’t got no choice but to hold. 😂🤣😂🥺😭
i should of just gambled my money and bought some drugs lol
i literally just bought my first shib this morning. i'm late to the party but i'm here to stay!
hodling at 98,000,000 either i retire a wealthy man or keep working till the day i die. 57 years old and ridin this out.
fuck this shit bought 1k worth of shib and now i'm left with 200. all or nothing, i'm no going anywhere.
i must be retarded i just bought another 16mill. i'm fine hodling that forever. imo this has better odds than a lotto ticket.
12million till we hit
👍 and what about us that are buying more lol
i should have bought more
currently hodling 7m worth of shib, with 0.000011 average. nothing much, but that is the last i can afford to "all or nothing", so to speak.
50m and holding... this is the way
we r bleeding 🩸 but we still on or promise i hope it is going to work for all of us 🙏🏻🙏🏻😢😢
blind optimism is meaningless. it does not fix anything
what if we burn 30% of our shiba so the total will be less and the price will increase
i avg down 50 dollars till bottom. because next time it rises... we become millionaires 😀
total noob 18 million bought in the last 24hrs.
after burn: vitalik buterin's note to the shib community txz
hodling here whatever it takes
i do not give a fuck for fudsters, i'm hodling 🤣
holding strong, staked over half and bought more 👍🏻
doge all the way go to robinhood it’s free to trade
don’t worry about the fud
i’m here waiting on 0.000005 so i can buy a billion hahahahahahaha. there was a video posted to this sub a few minutes ago that really kinda shows what’s going on with the whole market. we will keep falling most likely. that being said on the month the coin is still up 500%. this is a long game guys. set it and forget it. people made money off this not to long ago and they’re selling off to get their profits which is 1000000000% fine. how do you think you’re gonna get that lambo? demand is kinda exausted across the whole market. people made money and are selling, people are scared of china and they’re selling bla bla. let the supply settle. once the supply dump ends consistent conservative buys will start scooping away at it. the price will go up, people will buy in, then a frenzy will start. then. the cycle begins again. gotta give it at least 3 months. shits gotta even out again first before demand outweighs supply.
these loses are killing me but i ain’t lose any money until i sell it🚀
actually just joined up... traded 1ltc on atomic for my first bag.
i'm new to shib bought when it was 35 and i'm holding, my plan is to invest more and more i believe!
holding strong and bleeding out sir!!! lol (salutes)
i’ve been buying 200,000 on the lows bit by bit
let’s do this!!!!!! shiby shiby whatwhat!!!
do not give people hope if you are not sure...starting from the beginning there is no improvement and what is there is only depreciation...no significant change can be seen...no one can be expected or anyone...just survive who is able ...
i have 26.6 million coins. i’m here until i get rich, or the coin dies.
i bought 10mil for the hell of it. i do not see the value or what exactly the point is, but 10mil of anything at this price sounds cool. i guess i'm a hodler now.
you don’t lose until you sell!
bought a few million more, fuck it. do it the doge way. say what you want about doge holders, that shit could hit 0 and they would still be buying, lol. sometimes charging like a retarded bull works.
what do you mean, we've literally taken a huuuuuuge step backwards
holding 356 million coins can’t wait for shib swap
i hold a 100.000.000 shib for ’m all good. in weeks like this i don’t even look at the graph or my money too much. i just wait til i see some positive posts on reddit and thiscord again! fud ain’t getting me
by any means necessary
60m in. it's a small amount compared to the billionaires but i am planing to buy more.
hi shiba holders , let us start promoting this gem and make it happen , i have been buying shiba every dip , bit thisappointed at vitalik rug pull , but hey we can claim the record , biggest donation in the world , next shiba swap is in process of audit, i think there is fantastic future for shiba inu , let us get more people on board , let us promote it , let us take it to the top where it belongs , so many good causes we have achieved, as a group we should all be proud of it and we should send this message to others to join and get involved with shiba inu and let us take it to the moon and beyond 🚀🚀💪💪
i got 500 milion and buying more , i want to reach at least 2 bilion, we should get more people involved , let us promote it everywhere we can , 'shiba inu swap' coming soon , just keep buying 🚀🚀🚀🚀💪💪
holding 4 life! shibarmy!!!! hold!!! 🛡🗡
shibaswap coming you know it’s gonna be popping there’s already ppl with bots waiting ... but i think the ppl with the bots are gonna get blocked i think you get penalized and you get banned from shibaswap but anyways ppl still gonna buy shiba
am i supposed to be getting people to buy? i got a few people to dump a very nice amount in.
7 mil a week
buying more every time i can
330 million and growing.
👍🥺 in at 16 million
i’m holding on for dear life since i doubled down in this deep, i hope swap comes out soon. it’s a high risk, high reward situation, but if it comes through our lives will be changed forever. i think the best thing we can do is tell all our social groups about it.
77 million here and taking advantage of this great sale good luck to all be safe!!
i will top up more next week
312 million shares and holding. i’m down . i got in at 30k🤦🏼 i was fomo status when jumped in. but anyways hodlers
👍👍👍👍👍👍 hodi till we get past the moon on our way to mars!!!!!!!!!
you guys do not forget , if you're going to swap any crypto or buy ... it benefits all of us using the swap... community supporting the community. shibarmyunited
holding the line troops!
holding currently at 50 million
sorry guys but my conclusion with shiba is that i won’t go to the next level because of the lack of purpose. don’t take me wrong i won’t take my money out but after studying a reading about it, i have to say that elon musk destroyed the line that the coin where going to go please be respectful with my opinion and instead of criticizing me help me to find new hope.
im new in shib. saw it showing up on cb and transferred all my freebies into it... i think there is opportunity.
i’ll just leave this here….
69 million coins!! i want to buy more?? could this ever reach .009????
hodl hodl and hodl
i feel that this crypto market crash is from pressures from china. am i wrong?
word is shiba going to robinhood. no clue if its true
i'm contemplating selling to buy safemoon, but i have no idea. i only have 10mil and that is all i'll be able to have, unfortunately. i've been holding for while now, but safemoon is looking really good at this point. i.d.k😓
buy more mother fuckers
buying buying buying again. dip. buying
why is all crypto the same now, everyone just screeching hodl as if they are all going to skyrocket. is so cringe now
im a shiba fan but this coin is official dead. r.i.p to shiba inu for the next 2 years will nothing happen. all the listings, all the informations, lets be realistic guys, the big dump isn’t startet we will finde us at 0.000001-0.0000025 back in few weeks
ave buy moor 1btc inside shiba
clutching my shib strong 💎
just sitting on it! hopefully it returns to at least even!
👍✊👊 400000000 and still buying
how do you guys buy it without paying high fees? can you share some info please?
holding and just bought more 🚀💎
holding and will be with shiba till death... shib to the moon shib swap shib army stay strong
i am at 193 million and loading
from the beginning till the end 💎🙌
i dipped for a other mill
holding till goes to moon
bought more this morning🚀🚀💎👐
emm you didn’t see charts? we take 10 steps backwards. i understand everyone want to be positive but in market better be realistic
holding and waiting for the pay check to buy another 15millions shiba
just bought some more
100mil strong let’s keep it going!!!!!!
hodling strong 10 mil shares
just like gamestop this too will fade
buying dips like its guac
me too buddy. transferred another 1k fucking binance has not credited it yet.
just bought 2 more mil babbbyyy lesss gooo
great time to buy! what a sale! we will see growth when shiba swap hits off, strange times we’re in!
wish i had cash to buy the dip, but also not selling
shiba is moving forward?
grabbed a cheeky 50m while it so damn low 😁🙋🏻
couldn't give a fuck if it stays at 0.0000000000 forever, i'm in and hodling. i'm still a multimillionaire in one way 🎉🧗‍♂️
how do we increase the valuation?
hodl my beer! ima keep buying more until it is free. whatever it takes!
i just bought another 2m. i know it is not much but it is honest work. hodl to the 0.01! shibarmy together strong!
128m hoping for 200m soon 🖐🏼💎🚀
this is where fortunes are made.
i did not come this far to only come this far.
might as well hodl... i've lost almost 70% of my investment.
hell yeah. i’m hanging on to it. fuck it.
just hold everyone. it’s not only shib that’s down.
like i said guys i am holding till the end.
bougth 1m just now 🤞
hay guys dream big
a lot of people have no choice but to hold lol. they bought at the top. watching their investment crumble to 0. as we continue to wait for shibawap. this appears to be a great an idea that got ruined. only time will tell.
yeah i've been losing sleep researching all the audit and fees involved, i'm also a little turned off by the way of getting safemoon i.e downloading trust wallet and buying bnb separate then using that to swap for safemoon. it sounds easy with the steps but i'm still very unsure with the whole defi wallet. i do prefer crypto.com exchange and defi wallet. but shib has had me questioning. maybe when the shibaswap drops we can buy and sell, trade and stake with a little bit of ease. idk
almost at 1 billion at least i’ll be set with funny money
bought another 7 mill today. hodl!!! buy the dip!!!
sometimes i forget i have shib... someday i'll wake up millionaire!
just bought another 7 mil...holding strong!
bought another 7 million coins
2 mil and keep holding, even though i bought it kinda expensive, i keep it on hold, who knows what can happen
just bought 14 million more coins. let’s do this!!
ride or die! holding
can't talk riggt now buying the dip
hodl'ing strong, while also gaining by using my crypto earn abilities... ;) no such thing as quiting for me anyhow.
here till the end
i just dumped more cash into it
i think that btc will drop more and shib with it. so what is your thought to sell now and wait for drop to buy or just hodl?
i'm here until my almost .05 per coin or goes up all in smoke!!
it's easy to hodl when your shibs are not worth enought to go for the effort of selling them lol
wish i had money to buy more 😭
holding 100 mil 🚀
just bought more. lending out on kucoin to make some interest while i hold. 💎🖐
i've been buying the dip. just got another 7 million coins for 55 bucks.
i am at -76 % , still holding 🚀🚀🚀
400 mil holding strong 😎
ur all completely retarded you got robbed
people, we are super early in this, give it some time , smoke some weed, relax, year or so from now you’ll look back and will say damn wish i had bought more
i'm not scared, i bought another 200 million, keep buying, not worrying 😊
my ,300 is now worth . shib is one letter off, convince me i'm wrong without put downs or sounding like a shill, an idiot, a cheerleader, a fanboy, etc...
added another 3 million. before the dip to 7. might pick up more
should have sold about a week ago (week ago). and bought back now to double my investment,... would have smurdered about 200 million now
the market cap is 2.79 billion...if i'm not mistaken, that would only allow for 2790 millionaires in this game called shib. if it makes it to 1 penny, i would be one - but how many others would be also, and for the early adopters, how much more than a million would one cent make them? there is not enough money in it yet, or possibly ever, to make that many people rich on this coin. right now i just hope it hangs on. school me if i'm wrong. i'm just trying to figure all of this out.
no selling for me, i go all the way 💪💪🏻💪🏼💪🏽💪🏾💪🏿
holding my 2b shib and 7 leash ... with this much cap shifting around, amazing opportunity for the shib project to rise with the tides💎🙏
. still holding. 💎
hodling - until we get to 0.01 - we need to burn 98% of remaining 400 trillons shibas to get to 7 trillion- once we reach 70 billion shibas we will reach parity 1 shiba = 1 dollar
after paying all those taxes and gas fees f***k that sh** ... i’m hodling
hodling tight boys lets do this!
we gotta stay strong the whole crypto community is taking a hit but they would never take us down
wife told me to hold my 130m can’t say no to wife.
100m and constantly forgetting i even have it lol
i bought another 7 mil or so this morning. i think i’ve got 38mil now? but yeah no point in cashing it out just let it marinate.
65m i’m holding, fun starts when you trust you’re instinct.
the run guys said shiba inu is going to get stupid silly in the next few days.
i holding shıba because this is the way
ride or die shib
until it goes to 0. lets fucking go! see you in 5 years
used today’s dip to buy 40m more with 5 zeros in front to get over the 100m threshold. 👍🏻🚀🌔
its not a loss unless you sell.
remember, you do not loose or gain until you sell. just added 32m shib to my stash at a pretty good price.
still hodling. if i lose 500 on it fuck it. it's just money.
fuck! i keep seeing this shit about holding strong yeah ok i have. guess what so far i lost about 90% of what i put in for the last 2 weeks what do i get in return?? …….the same shit! hold strong! yeah fucking right!!!! i still haven’t seen anything positive since i put some good money in!!!
holding 19.6 mil 🚀 just got paid, bought more. this is the way.
i decided to stake mine. they’re all tied up for the next 90 days. all i can do is watch the 💩📺
have no choice but to hold, put . oh well, maybe one day it’ll return.
down almost , you can hold.
bought another 21 mil bringing me to 63 mil now. i want to buy at least 28 mil a week, hopefully i'm not burning my hard earned dollars haha
i bought more today. i like this dip, it is tasty
we still added 4,500 account holders in the let 24 hours, 5,000 the day before, and 5,000 the day before that. the way i see it are that these people are soaking up the extra supply added to the market from the india relief fund. once all of these donation tokens are gone, and if we keep adding theft many account holders per day, the price should start to rise again.
i am holding 1 billion from the beginning...i know the potential this has. aint no chyna going to stop me from holding because if you believe it is worth...lets
i’m buying not just holding
here until 0, in too deep at this point.
why is it so low though? i know the market is down, but buys must be so minimal right nowi'm guessing?
we march forward until they run out of bullets. holding
bought some more lol
32mil hodling and buying more! just remember everyone, you do not lose money until you sale. don't be scared of the dips. embrace them and enjoy the sale.
hodl what's the point if you do not give it a good shot.
will fall until btc settles around 29-30k. usd. just hodl peeps 🔥 5-20x coming late this year or early next
i just bought 15,000,000 more. hodl strong! buy the dip!!!
holding and buying, baby!
all the way to zero and still hold!!!!
still buying... not fucking scared
still holding fellow shibs...stay strong. i feel like june will be our month. this is a long thistance race...not a sprint.
and i thought i bought the dip a few days ago...
bought 142 million and i’m just gonna let it sit. you never know. if i wouldn’t have sold dodge i would made almost 3 million lmao
not me... it is crazy out there!
just loaded up with what's left of my cash
no backing down on this. here to stay and i will see the end of this road.💎💎💎✋✋✋
👍🏼👍🏼 have lost 70% of my investment but i am holding 💎🙌🏼
🖕 only finger i could spare because rest are busy holdings these damn bags +50 million
i new to this... but i have just over 63m shib 😜 so does this mean i have a seat on that flight to the moon??? 😅🚀🌒
i just keep buying more it’s some sort of obsession, my psychologist does not recommend i take any other action other than possibly owning an actual shiba inu 🐕
mine is locked in even if wanted to sell. not enough eth in trust wallet to make a uniswap transaction lol. i'll send some to it to cash out when it loses another 0 or two. if not, poof to 10k
i want to buy more but binance doesnt allow me to deposit cash via visa all of a sudden
i am losing to much money. i repeat i hope this is legit. it doesn’t matter how many exchanges have accepted shiba. i just really hope the creators and dev do their part to communicate and work with the community to make it stronger. this shit is never a joke is our money pushing a believe a project. this is no religion or fantasy this is business.
trying times. i refuse to panic sell, fuck that. 💎🙌🏽
here till we all die together 😭😭😭😭
i bought 10m more this is good hold or buy let’s go to the moon!
8 million coins here hodl all the way.
i bought 55mil and am here till the moon but whats the upside to shib over other coins atm?
when it’s 0 i’m buying that fat dip
i just bought 10 mil more! 22 total!
i am holding and buying more 💎🙌🏼
no one but the idiots on reddit saying hodl are holding lol
i just bought more at the dip !!!!
retail holders in the states and china are constantly dumping
yes i’m going down with this ship um i mean shib!!!
the lower it goes the more you buy. you only lose if you sell or it goes completely out
i'm holding until shib hits at least $.30. once bitcoin and the usd both crash, i'm looking forward to shib going even higher than that
[ any comments on this?
shibiarmy , smoke a weed and cheking for next step. 🚀416. etherscan.
hodl and boght some more at 07
life is a waterfall we're one in the river and one again after the fall swimming through the void we hear the word we lose ourselves but we find it all 'cause we are the ones that want to play always want to gobut you never want to stay and we are the ones that want to choose always want to play but you never want to lose soad - aerials
100million strong, i believe this is the one!!
already lost many buy in at 0.00003 only have 2.5 mio but i hold my long life
holding strong. 10 billion. wish i was holding more
man i've been hodling. where you been fam?
im hold with 40 milion
👍 i’m in, not letting go of these bad boys!
i bought in at .33 ish with 30 thousand us dollars. it's now worth 6 grand. i have lost alot. and i still plan to hodl. because i believe 100 percent that when the market recovers and the meme wars continue, we will fly to an ath and above. so hodl shibarmy. because if it take 1 year or 4 years or 10. i'm holding till i'm filithy rich or dead of old age.
just stay off for a few days and hodl
holding my mili until we touch down on the moon, i'm glad these paper hands habe left the army
im gonna stop checking shib to be honest, just ride it out and see where she goes.
72 358 058 strong buying every dip
i am staying to the end. it’s either victory or zero!!!!!!! hell, i am actually buying a few million more!!
we will prosper... by 05... keep buying and do not look back
keep buying at this sale!!
i did not hear no bell! all i see are thiscount diamonds 💎🙌
just started yesterday, and im here for the long haul
over 10m coins and buying more as it keeps dipping
i hold as minimum 3 years
everything is down … just be like them amc stock holders… every day … they get a nice dose of “humblepie” …. that stock is a total joke! yeah… i have 105 shares…. to dah…. straight to hell! not the moon 🌚.
hodl and buy! buying as much as i can when i can. praying that i can send my kids to the moon! 🌚🙌🏾💎🙌🏾💎
👍 and bought 2mil more today
seriously now, which momentum?
just bought 100 million more 🤓
traded some of my doge haul for shib just before the roller coaster. hodlding shibo
when it comes to investing you run towards the burning building not away. all the rats run away from the burning building those are the paper handers. warren buffett did not build his empire being one of the paper handed rats. learn from the pros. hodl to the moon (and beyond).
i did not know you could sell.
get kishu inu while waiting for shib recovering
bought 14 million in the dip today
i’m hodling…also buying. this is a long road for me. i keep hearing the same fud and being told to cash out. i believe in crypto, and people. every society gets their mark, the roaring twenties. holy shit history just repeated itself!
still here since msrch and not leaving
👍🏼when will this s\*\*\* bounce back...?shib got me feeling like rodney dangerfield ova' heree!!
still holding and actually canceled my limit sell order. let’s go!
👍 we planted the seed, now just wait to see it grow!
when it hits 0.00 ill buy another billion
if we continue the momentum and shib could reach 0.01 in 2024. i am holding for a first million
holding 14,000,000 at .000024 😄😅
i hold 10mil i got at 17, not much but i'm in till it moons or dies.
what momentum are you talking about?
let's go baby!!! 95m and holding
i bought ethereum at thiscounted price, now i am ready for shibaswap! 🤘
hodling … i topped mine off by 150%. d💎🙌💎
holding 60 million and copping more
just picked up 2 million more, hodling 3 million to 1 cent!!! let's goooooo
100 mil here i come if it keeps dropping lol.
holding 100 million, i get rich or still poor that is not half way.
why the fuck are people selling at a loss...
i'm very new to crypto buying and i bought a decent amounts worth of shib, a lot of new people i think in my position would sell but not me, we have diamond hands over here! hodl always shiba to the moon boys 👍🏻🚀🌜
only 4mil right now but no reason not to hold until it sinks or really swims! hold until i'm holding nothing
i have to hold at this point i’m never selling on a big loss like this. i’ll hold them ass a keepsake before i sell. and buy more just because it’s so cheap. you never know we may wake up one day and be extremely rich.
i just keep buying more and more... riding this to billionaire or broke-ass
i'm holding 3 billions with 💎 👐 no matter if it crashs to 0 or we go to the moon. stay strong shibarmy, hodl the line, buy the dip and let the army know we are one together!
💎🙌🏾 til the wheels fall off
57 millions and buying
in for another 12m... totaling nearly 100m now
picked up another 50 million at .0000075 this be a good buying opportunity
here till we moon billionaire club 💪🏽💼🚀🔥
i'm addicted to buying and holding shib. everytime i think about selling, i buy more at these lows prices 🤪🤪😂😂
i am not seller
i just keep buying the dip. tripled my holding in the last 2 days and holding for the long haul.
totally hodl… but some good advice would be to not continue dumping and investing even more money into shib before you know what it’s going to do… some good news though…shibaswap is launching soon. we about to eat good! 💎🙌🏼
i’m here for the long haul 💪🏼💪🏼💪🏼
we need another damn coin burn
75m and hodl’ing on!
“the most important thing in life will always be the people (shiba army) in this room (reddit). right here, right now.” dominic toretto
sittin on a few hundred mill. only thing i am going to do is buy and hodl more
just bought another 30000000 on this dip at .000007 when does the dip stop. for fucks sake i have to hodl at this point
👍🏽 bought another 5 million more
👍3 weeks new into shib now and me and the wife have a combined 60,000,000 coin holding 💪for the long haul. can't wait for the shibaswap to come out. 😁. next paycheck i'll be picking up more. love the team spirit here.
not only holding but adding everyday!!
lol just bought as much as i could and made a tiny spike up in the charts! haha yeet to the moon puppers!
hodling and gobling up more!👍
👊🏿🤙🏿💪🏽 call me the shibanga strong
50 million shares let’s goooo
i did buy again today 30m shiba and 1 leash. will be buying again for sure it’s thiscount time!
hold my bags plebs.
hold the line shibarmy, once shibswap drop and all the features are utilized we will prevail!!!
20 million and holding
👍 holding to moon...
hell yea i wouldnt miss out on this train wreck im in it till the end only 10m
i staked mine 100 million🚀🌙
we ain’t going nowhere buddy!
well, aside from the moon of course.
continue the momentum? fuck that! the momentum is tanking the value. we gotta hype it up to the 🌙
holding and just bought more today at the dip.
i bought another 100 million today. i’m in until they put this dog to sleep.
i will buy 750 million shiba i have 250 million hold hold it will happen
just staked all mine on crypto.com so i’m in
holding strong , anyone that’s been in this crypto space long enough knows patience is key. the pumps rotate from coin to coin. just gotta wait your turn once the fud settles of course.
👍👍 hold that mf shib down
look at the dips as a sale. offset your losses by buying lower price coins. it takes money to make money guys! i would rather be the guy who lost a thousand dollars than the guy who says “i wish i would’ve stayed in” shib is on sale!!!!
holding and never sold
hodl. "no trolls left behind" lol
to the moon! 🚀🚀🚀
i only hold 250 mil, but its something, got in really early (it was -400) and will continue to hold to the end of the line!
well i've already lost 70% so what else is there...oh yeah the other 30%!!
wow soo much panic. i hate when people say we are all fucked. my question is how??? the whole market is down not just shiba inu! is it me or half of shiba inu holders are in panic. buy more, is your opportunity to do something grate again... lol
i been hodlling since march . its been very stressful!
was holding 30mil and just bought another 30 mil in the dip 🥳💎 will hold!
hodling because i believe in this community 💎🙌
bj’s and steak or nothing!!
i'm holding, but at this point it would be worthless to sell anyways. here's hoping that things change for the positive soon
we may not take any backwards steps. but i gotta admit, this is kinda like handing a drunk half your paycheck knowing damned well what he’s gonna do, but hoping he does it in an interesting enough manner that you get you money’s worth.
i'm sitting on mine until i reach the moon
have my first 1.9million shib, hoping it goes to the moon 🌚🌚 my first crypto purchase from some btc i got from mining on my 580 on nice hash!
insiders know why shib momentum stopped. it’s temporary, and mm at its highest. hodl. dyor
you see all these comments and upvotes, shib army forever!
21 mill through crypto.com, 100 fee to sell and would only cash out ruffy 55 😬... not sure this was a wise investment.
i wish i could buy more but my back account is close to 0 :(
i just got 2.8million shib tokens for 1700 rupees during this dip. how long should i hold this?
i’m here until 0. fuck it. 9 mil and foreword.
i’m down bad but scared money don’t make money
serious question, does this seem like yall are being taken advantage of by prior investors?
is it possible to get to a dollar when supply cap is at 1 zillion?
diamond 💎 hands 🙌🏾 all the way baby wale’s are driving the price down and then buy the dip. price manipulation at its best. but hold strong and buy the dip . i just bought 28 million more. diamond 💎 hands 🙌🏾 baby.
not looking great though is it
we go down together and fly high together!
shiba is dead, oh well we tried 200 well spent for a chance at millions
all or nothing. 🚀
i just grabbed another 150,000,000
6.5 b diamond hands
any idea why the market down?
we will hold it unless it gets to 1cent
dont pussy out boys hold strong and keep buying in💪
i’m not fucking selling 💎🙌🏼
im got another 55mil shibs 😉
im still buying now 67m some are staking. and hold strong right now buying goes not that fast but all the little pieces help stay strong holders would be nice to reach 0.001 🏋🏋 to the moon
holding...from san santa fe springs ca!! 🥃🥃🍺🍺
my diamond balls would not let go 💎
look at this way. last cycle bitcoin got hit hard down to . this time only hit 20%. it’s not the end of the world. things will get consolidated soon. just hang on to it.
present 👋 let’s do this my shibers! shibaswap coming soon!!
87mil after adding another 20m this morning. go hard or go home
already lost 8k, why not lose the remaining 2k too
218,000,000 i bought 80m at almost double the current price. holding till .01
just bought more ;)
i bought a little bit more yesterday. just 3 million shares. when i decided to get into shib i did it with acceptance that i will always hold it and just ride any wave up or down to see what happens. the way down allowed me to get more for my money. since we are already going down, i'd gladly keep buying incrementally. eventually, i know we'll get our upward movement. people are just freaking out about the taxes talk.
coming from r, can anyone eli5 me what shib is and why you guys think it is a good investment or will increase in value? or even where any value would lie?
i am holding 6 billion shib and adding today 1 billion more ... let's fly to the moon
shit i am balls deep til da moon or uranus. 💎💎🙌🚀🚀?
i mean at this point is it holding strong? i still got 16.2 mill
holding my millions 🤧
i only have 6 million coins and bought high last week. but it is moon or bust for me🤘
we should all burn half our tokens imo
30mil and holding here. buying more as my budget allows.
its getting hammered on the indian exchange wazirx and cannot buy more as deposits have been stopped due to lack of help from indian banks. so right now only hodl.
well pretty much i can sell because i’m down so much and if it goes up i’m gonna lose out at this point go big or go home
everytime it drops i buy more, at 3.5mil now just about to buy some more 👍👍👍 hold peeps
holding 35mil. if the price hits 0.000005 i am gonna buy 65mil more for about .
btc is at 35k , ofc alts are in the red ...cill ...in 3-4 weeks we will not remember this days, selling now is the most stupid thing to do, relax and red a book
every coin i sold at a loss ever has pumped the next day and i'm never doing that ever again. its all or nothing now for me. my hands are weak no more.
21m hodler. thought i’d fuck around and find out
got 2.5 mill i'm waiting years do not give a shit
i have 10 milion shib
hodling 229 mill here boys and gals 💪
have a few buddy with a billion hodling too. in it for the long hall
hodling till last breath
why would i sell if i can’t retire? shib strong 🚀🚀🚀
wdym? i'm buying the sale! why would i sell at this point, that would be silly!
hey guys, how real is 0.01, 0.001, or 0.005?
21m and adding up!
just a way to get up votes and look important
👍 not gona sell it ... will hold till even it delisted 🤣🤣🤣
let’s make it skyrocket
i'm holding and even buying more and more. 😜🤑❤
we go homeless or we go 🚀🪐
have fun loosing all the money
selling? what is that? 😂🤣
cant find sell, convert or swap in my app, strange
390mil bought for 900 held through 15k reporting in and still hodling till i can put my kids through college one day
just 50 million 🚀🚀🚀
ive no doubt shib will be huge, we are getting fast tracked onto the exchanges, keep in mind guys we are only starting so far 57 (and counting) exchanges have added us & currently ranked no 31 , doge has 387 exchanges under their belt and ranked 6 keep that in mind when you see faster price movements we havent reached our full buying power capacity yet so far ive seen a couple of places starting to accept shib as payment, a nfl player, dj and kai greene joining the shibarmy, ive no doubt kai will be big star to have on board when he gets into wrestling his fan base will increase and hes pretty active on twitter about the brandname is being built some shortsighted noobs still see it as a “meme” coin but in reality its far from it, it has a use with shibaswap and as a currency with high profile twitter accounts on the team, not many coins can say that
i’m still holding on 🚀
there is a thorn in the community, it is impossible to rise
where can i buy some?
if you have additional shiba, please send that to my wallet
feast or famine, lowly carpenter and been poor my whole life.
i am not selling shit. better to let to it go to 0. it's my only chance to become a millionaire
in for the long haul. not selling …….
we will hold till last✊🏼
if you are thinking where to buy and hold shiba akita and kishu gate.io is a great exchange with bonuses for new registrations
👍 just short of 6m
big👍🏻. all the way here my friend.
lets buy more in deep and take it to the moon
i’m still buying the dip. bargain prices.
i'm riding this bit#🐕💎🚀💯
still holding my measly shares... i tell people constantly people kicking themselves for not holding their dogecoin when it was subpenny status, now look at them, where is their god now!!!???
not selling even if it breaks down to 0
i'm here until i can quit my job... self-employed or bust. looking in the mirror asking myself why i'm late.
i am here till .10
let’s go. the lower the price goes only means i buy more on sale.
they dont want you to make money ! they want you to sell so they can buy and run up the price ! they want to be in your position ! keep hodling & keep making them upset, youre doing great 🚀🚀🚀🚀 we all are 💪🏽🤝💎
i just want 1.000.000.000 shib. it does not matter the value...i will buy and wait,buy and wait, buy and wait,buy and wait... till i get there.(at this price i need just 5000... that is easy, i'm worthing way more than that) who knows what happens after that... it is a global experiment. at the moment we have a "covid-19 problem" to solve, after that it will be just "covid" and no problem.
it's not going to zero and if it goes down to where it started buy more, it will run up again next bull run. rinse and repeat.
i'm holding until 0. i did not buy much, because of the risk. if my 8 million shib pump 3 years from now, i'll have good money. hold
well sucks if we did all this and this coin just goes kaplunk
8 mil a day either way 💯🤘🏻‼️🍻
hodling till the end of time!!👍🏾👍🏾👍🏾
i bought 6 million today. it’s a sale guys
holding. question to those on crypto.com, does your average drop when you buy more? i’m not familiar with the platform
still holding strong 20000000000
no point in running now. in till the moon
i am coming back to view the price in 5 years 😊 hodl!
👍🏾👍🏾👍🏾 holding strong 💪🏾
cozy asf i never invest what i cannot afford to lose ! shiba inu to the 🌙🚀🚀🚀
not only should you hold shib but you should purchase kuma as well as it’s from the same devs and a wonderful entry point 💎🙌
buy . let's go!
shib hodler since many zeros ago. buying up zootoken today too.
been sitting on 1.8 billion shib for 3 weeks and i am not selling shit
👍🏼 i know it’s going to go up with time especially when shibaswap comes out!!
i’m holding. buying. in it. not going anywhere
’ll be blessed here soon enough i know it especially when shibaswap comes out and when india quits selling, they are taking it down now everyday and it’s still holding good that tells me a lot!!
started with 3mil and now 55mil 💎🤲 til i am rich 🤑
since i'm holding what i can afford to lose, diamond hands, that is, until maybe i decide to take a little profits at some crazy level from here, but i usually do not take profits often unless i need the $$.
still buying, if it hits zero then i'm buying at a fucking thiscount!
is this o e of those... to the moon 🚀🚀 or are we talkin sr71 altitude??🛸🛸
the pumping will continue until morale improves
i’m holding no matter what until it gets too a quarter of one penny! fuck it my whole life savings is into it what do i have to lose lol not pulling out now at a loss... fuck that!!!!!!!!!!!!!!
great post and i fully agree. something i've been looking at recently has been good crypto coins to invest into. i found one 2 days ago called catzcoin where i also fully agree with their values. price has also increased >10x in the last 3 weeks. check them out by googling catzcoin
i’m holding but not sure it’s strong tho 😳
holding. looking to add more crypto across the board if bitcoin flips and holds above the 200 dma
just bought some more😏
i got 200million and hodling
well, all i know is i have better chance of becoming a millionaire investing in shiba than playing loto 647 lol
"shiba inu swap" is in process of audit completion once this is done , look out sushiswap , and uniswap
because i'm not worried about the money going in so i'm good with spending our to build a future. i have slowed down to 14 million coins a week now
hold for glorious "shiba inu"
long live "shiba inu"
staked 100 million shiba coin on crypto this morning and bought another 100 million shiba coin for the wallet
long haul! my 3 and 4 yr old can decide to do w it when i will them my shib
new guy here! imma make a straight-up promise if this cool new coin makes me rich i'm going to buy one of these mean ass japanese dogs. and treat him like a motherfucking king
over 300 million shib and buying small amounts leash on dips.
250 a week holder here. holding 4 weeks now
all or nothing is the way of yolo. may the force be with you.
i am cuss only bought what i could afford to lose. it really helps with the hodl. sooo...i literally paid like almost 30-35% of my shib position in eth gas fees...be stupid to sell now.
in it to win it buddy! i rather ride this train to 0 than to take few bucks out.
weak but started with 2.5 mil today. will never sell something so cheap
when shibaswap comes out it will be to the moon!!!
yep i bought 6,800,000 today the world needs a new batch of millionaires keep buying !!
let's go shib, hodling for the long runnnn!
mining it through unminable and hodling. this bear trend is almost over!
strongly believe in shib and hodling 20 mill coins , i know.its not a huge amount , but that is all i can afford for now , will get more though
why can’t we all start buying leash? less available and you can buy fractions?
all winning teams are goal-oriented. teams like these win consistently because everyone connected with them concentrates on specific objectives. they go about their business with blinders on; nothing will thistract them from achieving their aims. lou holtz
i love shiba but at this very moment i love x2p a little more you talk about the come back crypto holy shit you guys i thought i was down and out .
[this article convinced me to but snd hold](
i'm hodling. on cdc, but still.
you guys really think the government is going to allow everybody to get rich? 😂
fuck shiba. ya were doomed including i. this is a chinese crypto. i’m selling my 60,000,000 now! you should too
i’m still here and holding
i am still holding but have not purchased any shiba in months, i will buy more when i see some sort of utility functionality behind the coin.
shib is way too expensive to get, the gas fees are crazy!
thought a burn is on the way
my stake is still close to 2 months left could not sell if i wanted too
if you're staking your shiba inu on shibaswap.com you'll recieve ryoshi's vision. take a look the next shiba inu. take a look ryoshi's vision with huge potential. nfa!
tweets about it get more notice than posting this crap! make sure you tweet at least once a day.
hodl since april. lets ride this bull run!!!
ok shibie pips lets do this lets fucking show them btcers we be plus plus and ath our ass off too!!!
👍took another 9,000,000 out of circulation
2.5mil not going anywhere
on my way to space!
i just bought another 2 milimilies!
just got 2 more milimilies!
i only got 30mill but i’m holding i wish i could buy more but i’m in college and i’m broke lol
holder of 92 mil 😤😤😤
look at this old posts :) it will be good
how's the ponzi going?
at what point y'all realising it is a scam?
thumbs!!! i do not know how to do thumb emoji :(
me and you buddy to the 🪨 or to the 🌚
i'm buying 7 million more coins about each day! here for the long road! 🌚🌚
fuck it im in deep riding it to zero all or nothing
in three months when news start spreading how shiba saved india from covid this coin will skyrocket. now its the time to buy. bought 70 million today. this coin will skyrocket in the next 3 to 6 months.
remember that 50% were locked away keys thrown away then vita had remaining 500 trillion then he burnt 91% so we have remaining 100 trillion ...so from 1000 trillion down to 91 trillion .its s great start but we need this down to 100 billion then we fly to the moon after this attack on crypto by pissed off rich guys who missed the boat so now they want in cheap... just buy and wait
then you’re in the right place 👌🏽
i’m riding with you! fam!
yeah we got no other option we are all fucked so far!!
i am with you mate.
all in or nothing too!
same here. its my only shot at being fabulously wealthy...
just convinced myself to convert my aave to shiba. lets keep it moving🤣
nobody is touching my shib. he bites.
something worthless < potentially amazing gains. you got it brother, best to hold while you had it hot otherwise if you sell now, you're out of the game.
can i still by the dip at negative(-)?
kind of is zero. hell, i might actually buy some now. not. this shit coin had it’s moment. lessons all around. those of you who got out with your hide and then some, congrats. the rest of you? don’t buy shit coins.
if it goes to 0 i'll buy like 390 trillion
it's already at zero 😂😂😂 but me too i'm in all the way
if we sell all of our souls to satan for higher shib value we might have a shot at 0.50 guys. it could work.
0? i am here till it goes to 0.1, that seems pretty possible. 😄
we locked the 50% of the total supply to uniswap and threw away the keys! the remaining 50% was burned to vitalik buterin and we were the first project following this path, so everyone has to buy on the open market, ensuring a fair and complete thistribution where devs do not own team tokens they can dump on the community.
i'm with you guys!!!!!
lol already at 0. don’t worry rewards coming
that’s the spirit 🐕
same, can’t seem to let it be
i like the way you think
glad i only invested 100eu in this for the lols, -70% now... not going to sell, but i do not have hopes to break even.
can i ask what you actually like about this beyond they pipe dream of making a lot of money? it's just people saying hodl and "diamond hands" all day. i do not see a community here at all.
this is why people call yall a cult.
so i am not the only one 🤫
some people margined high haha and lost it all on the dip
for real! i just don’t get it!
i cannot figure out where to buy this. i'm in the us, is it not available to me?
every day there’s a new and more exciting dip to buy!
yeah i think it is hard af to do this right and release something to such a big community that is already full do people who are scared. i think the donation was a drop in the bucket compared to the market cap and a huge humanitarian thing for the people of india. investing in shib should be considered a donation to the covid relief in india. leave it alone, donate more. be patient and do not thiscourage people who are genuinely trying to do huge things in this world. they will be the ones selling tickets to the moon! 😁
diamond hands 🤯🤯 !
you can stake it for 1%-2% on crypto.com until swap comes out.
me too! just bought another 3 mill earlier, 14.9 million up! :)
i have 6 million lol not much but hey i do not want my wife to kill me
exactly. i am hodling but i also need to know more on the shibaswap. last i heard it was supposed to appear this week. the week is already ending with no update in sight. i'm okay with losing my money (heck i just have 7m) but since i'm already in it, i hope we can help shore more confidence by the shibswap update.
bro you dummies ask for updates every damn hour. asking the same damn questions you think devs don’t get annoyed of repeating themselves ?
i really want in on this! i'm in the us, where can i buy?
you realize the math and economics on it reaching a penny are astronomically slim right? you should probably set your target somewhere between .001 and .0001
amsterdam holding 100m+ and buying the dips. 💎👐
totally agree, i feel reband is needed to set this project onto a clear and defined path.
just remember the bitcoin suicides who bought at .1 again... it is a rollercoast going round and round but always higher... hodl and remain strong... my 436363% increase in xlm over 4 years confirms this.
i am waiting till monday-tuesday for the normal dip cycle for crypto. kinda going to guage the weekend and might hold off more buying if the bear trend is continuing
get more at cheaper price and get your average down.
wound in not life threatening. carry on soldier
i think it was a typo as i have not heard anything about it since that was initially circulated.
i've also been looking at safemoon lately but regardless, i'll just keep what i have already invested in to shib. it's money i can afford to lose so heck why not. since you did the same, just relax for a while my friend. this entire down is due to china. remember, crypto is more volatile than stocks, so should things go down, they really drop -- but so are the ups.
yeah i've been hearing a lot about safemoon too, i think they have a very clear path forward and while i want that for this community i hope they create a new plan. being shib (reflection of doge) is not necessarily going to being people into the project by itself. it might have been a good start, but we need to define what shib is and will do long term.
agree, just sold all my coins yesterday and very happy now
use an exchange mate, i use crypto.com and binance. and you do not have it worry about the gas fees.
take a look at other cryptos they are also down. seems to be the market trend. 🤔 i think your hands are made of paper!
i sold at .000023 ive set my trading site to buy millions of it when it reaches .0000023 so i'll get half my money back and get double the shiba.
i am not waiting to hit zero...i am waiting my salary to buy ...we are virtually millionaires 😁🥳
the whole market is down not just shib. look at every other coin
to put it quite simply... market cap is equal to total circulating supply \* current value. current value appreciates when there are buyers willing to pay more to "get in" and vice versa for depreciation. it is then up to you to decide whether how that value will move and enter a correct (long) order to make profits. i believe that the functionality that will be added to the ecosystem via shibaswap will do nothing but appreciate the value. couple that with the vb burn and the potential to add payment systems through their exchange etc... people will want to transact . facts.
the increased holders daily and the increase in new members in the community. also the increase in awareness of shib
maybe if dev dont fooled us there will be no panic, and yes we're fucked
how can you lose 3 times of what you put in?
suck my left testicle
as real as we can make it
not at all. just marshalling the troops. i have no need to look important
have fun regretting not buying in
**hrmmm hold until it goes 0, i will.** *-jhosep-whittle* *** ^(commands: 'opt out', 'delete')
**hrmmm hold till last✊🏼, we will.** *-smartyclub* *** ^(commands: 'opt out', 'delete')
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stak'd 100 million shiba coin on crypto this morn and hath bought another 100 million shiba coin f'r the chinks holder *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
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you can’t stop the tide
when it hits .0000000000000 until then i’m hodl! shiba 4 life!
can't stop singing that daaam song!!!!!! you dip...i buy you dip...i buy stack all those shiba tall skeet skeet skeet
i guess it is good to be a dreamer.
don't expect too much. if hundreds of people have millions of coins how do you expect it to skyrocket?
i feel like that news already spread and no one gives a fuck
doubt it my dear boy
how’s this working out?
i guess i understood it as ryoshi gave vb half of all shib, so 500t... he donated to india, then burned 410t and donated the rest... so that leaves 500t still... i don’t think we’ll ever get to 100billion... there are too many people with well over a billion... that doesn’t make them whales, just very early adopters... 1billion is a drop in the hat of 500t
also there are now 7 % of coin stats users holding shiba ...dogecoin has 28% ...we went from zero to 7 in two weeks thats a lot of interest...now it all depends on how many the community holds ...
176 trillion coins were traded last 24 hours
can we please just do some simple math? how many 50%'s do we have? 2. always 2! so, if we locked way 50% and gave away the other 50% to vitalek then what's left? i feel like i'm missing something here so, if you know, please share. thanks in advance!
there are 550 trillion tokens still out. about 400 trillion in circulation at the moment. the team decided on a quadrillion tokens at the beginning.
need to brush up on your math bro 🤣😂🤣😂😅
wrong info boys...check the site do your homework before placing your chips...50%from the start was locked...then the other 50% or 500 trillion to vita ,now from 500 trillion 50 to india and 50 to cancer research or something the remaining 400 or so trillion he burned... leaving the 100 trillions plus what we guy bought that’s the unknown how many did we buy
vitalek is a pos.
where are you checking coingecko still show 595t
hell yeah that’s exactly what i was thinking! correct me if im wrong here please but this coin has a cap not like doge (not talking shit on doge). so if we can hype it up like doge, it’s only a matter of time that it reaches a penny and passes a penny right?
the big guys definitely drove the price down huh? good call.
just forget about it and check next week 😂
of course not. this is my lottery ticket
well if you dont have vision ! i cant help you . i cant open your eyes
i totally agree. same crap hodl diamond hands. no actually got a clue about real crypto. from all i read aswell, just talk about investing beer money. this mentality will not get you far at all
:o shib4life , gona get a new tattoo , lol
my husband and i got into penny stocks years ago. made ,000 in 2 years. was ecstatic. had a partial bit coin, lost track of it, no way to find. oh well. bought doge on a wim when it still had a bunch of zeros after the decimal, did ok. missed the spike, still made good profit and still holding a few thousand. if this goes up, would be great. even better to see a bunch of small timers strike big and watch the "market masters" freak out.
that's what i was going to do but decided to wait. didn't want to be locked up when it launches.
thing is, it’s always coming next week my friend. it was supposed to be out in april and then they kept pushing it without giving any real updates, only shady. then they started blocking people from tw and tg so if that doesn’t tell you anything about this whole thing, idk what will. now they’re talking about releasing another white paper. like wtf ? why do they even need another one? the whole thing just reeks like a scam and people then get aggressive when you legitimately ask for evidence or to help understand.
thats why im asking the community so we are all informed, its not that hard. i work cant be on redit all day. this is what im talking about, im just asking and people start getting all aggressive.
i just bought more...trying to smile thru it 😰😬💎🤜🏼🤛🏼?!!?
not sure. i hope it does go to robinhood.if you have doge sell now.and buy at 30.
don't do this man, do not give me hope.
so what happens when safemoon starts tanking and shib is on the rise? will you sell safemoon and come back to buy shib at 10 times what it costs today? that selling on the dip to buy another coin that is going up is what ultimately costs people money.
safemoons code isn’t secure though. their audit came back and they can rugpull at any time.
feg token is the way. thats all i will say.
appreciate the help brother! will buy it from crypto.com in that case.
why do you clowns need to tell the world you're holding every 5 minutes, come back and ask in 12 months time. no idiot will sell now
yes, 1$, 0.1.01. but looking at how many coins there is and how big the market cap would be, any realistic expectations from it?
yeah stupid upvote post like your do nothing for this community. i want informal post not 12 year old clout chasing post, you fukin loser
bitcoin started out this way.
right? just trying to cash out when.0004
don't forget. bitcoin made thousands of multi millionaires.
it will depend on how the community grows and treats the newbies. everyone coming to shiba cuz they reading the news about making it rich. they are new traders, maybe 13 year old kids, but they bring money in, trust me. so be nice do not fud cuz they get scared easy, and we be on the way to moon again when the cryptomarket recovers.
we are one of the most watched on multiple coin listing charts. our shibarmy communities on reddit. if we weather though this large dip, it be the shibarmy diamond hands, who later will be rich when the market recovers and to ath. many coins will to ath, when the bull run continues. it's a good thing when the market corrects, it makes it healthy for the next run up.
yes and 50% to vitalik went 50 trillions to india another 50 trillion to charity but not yet that’s 100 trillion he gave away the remaining 400 trillion he burned...so we have only 100 trillion letf
why? did they not want anyone to make any money? lol that seems like a lot of tokens.
how about check once a year? i mean if you invest a few hundred and it goes up to a few pennies in five years you are now a millionaire. five years is not that long to be a millionaire if this kicks off that high...if not well you only lose a few hundred lol.
ima take you up on that i am gonna do that and i will be back with a positive post lol
it will prolly take more than a week
i’m new to shib - is there somewhere that i can read how this could possibly blow up like doge?
well it is still a very young coin, and who knows what it may do during this dip. it would do this place some good if we had more people talking about how it is helping india, need more positive news about it. it also needs to not be the dogekiller. this is one of the harshest times in crypto like the crash of 18, to many governments want their piece of the pie and yes i agree, to many people saying hodl and diamond hands as if that is going to prop up the coin instead of spreading the news of how it is helping india or how they own so many coins. tell everyone you know about it call it the coin that will save india from covid or something to that effect. i have a few coins and i'm sticking with it because i believe this coin will make a good mark here in the future it wont be today or maybe even a year from now but it will go up
they need a new white paper to update the vb and explain we now cannot be rugged. the existing language is horrible pr. as far as technical updates idk. love to see progress but...
yeah i've been reading about that as well in the group, like how the sells have been in uniform chunks. nevertheless, that is why one should only invest what they can afford to lose, especially in alt coins. i'm in it for the ride so no worries. hope we hear more good news soon though. at this point, even an updated white paper will be a welcome one!
honestly it doesn’t feel much of a scam it wouldn’t make much sense if it was they’d be terrible scammers loool and also if it really was a scam they would’ve already cut ties with this project not while it’s sinking plus if what they say is true, with the swap, eth2.0 & loads of burning this could be something in the long term. it feels more about individuals way in over their heads as they are still learning, feels like they panic too easily as well, the devs need to grow a pair for real and actually take this project and this community fucking seriously if they do want to see this through
it’s not even aggression, more like annoyed, dudes literally have no chill. can see the questions been asked 300 times in the past 15 minutes but think the answer will be different the 301st time. where shibaswap? when moon? where lambo. give the devs a break, if they hose us we find them in person and slash their lambo tires. if not we rich.
yeah i wouldn't invest till it hits an exchange that i can feel comfortable purchasing. thats great info though!!
check ultrasafe. it's a new project based on safemoon source code, with the security risks fixed. not financial advice.
the post was not just about hodling it’s about seeing who’s active in this community. but if i have to explain that to you you’re already a lost cause
it will take time but it can happen.
it’s called rallying the troops dipshit. over 6k people answered the call. it’s about showing unity together. you must be a loner and have no clue how the human brain works when it comes to group mentality.
not at all. there are millions of bitcoin but there are a quadrillion shib. only 19 million bitcoin in circulation with a max of 21 million. 21,000,000btc vs. 1,000,000,000,000,000 shib. not equivalent in the least.
i want it to do well, too. but if you think you're about to become a billionaire for buying 800 dollars worth of an established crypto you should be buying powerball tickets. you should be stoked if you so much as double your investment. don't expect it to hit .00. buy enough so that you make money if it hits .0001.
these are realistic goals. if your holding a billion shares and expecting it to fly up like doge did you're out of your mind. but i guess crazier things have happened. don't get me wrong, i have millions and i hope it skyrockets, as well because i also love money. just do not get too excited.
i hope for the best as well. just trying to be realistic. lol
definetly true, warm welcomes will go along way. maybe to the moon. 🌚🚀
really should not lionize taking lunch money from 13 year olds...
shiiiiiit...100t is still an enormous amout say the community in total have bought up 500b tokens...that leaves a sizeable chunk left. i myself have 121,031,313 tokens and still adding when it dips...but 100trillion will take some time to get witted down to the billions of tokens
the idea was to beat doge, but making all of us rich by 0.01 cent. instead of how much whatever doge is. it was sort of a weird gimmick and idea.
exactly i'm in it for the long run doesnt bother me.
if it jumps fast i'm sure there will be a buzz going on. doge was my first crypto. bought on a wim when it had a bunch of zeros after the decimal. made a few bucks, nice return on my investment. i've done the same with a few penny stocks. it's a gamble. never invest more than you can afford to lose and then if it goes up woo hoo.
invest what you can lose...and if you want to play the short medium game, invest a bit more you can afford to lose (but do not prefer) and take 1-3. i'm starting to think this way lately...i used to go all in on one thing but lots of things can make you $$
im new in investing, i only put what i can afford to lose, ill live if i lose my money. i have high hopes about crypto, and know we are going through a crash. still i see this as a long term investment and now i see more evidence pointing at it being a scam than otherwise. why is it so hard to prove it wrong? why if i ask where are we standing as a community, the response is, dont invest money you cant afford to lose. so basically shiba army, come for the hype, because the coin is cool and rad. gtfo if you cant hodl and whatever if you lose all your money. this isnt monopoly money, there is billions of dollars invested here, we need a spine to make this a real thing if we want it to grow.
ofc. i got in way early so i left with nice gains. i may re-enter once the swap is live and working for some time. look up pancake bunny tho, shit might go south even after the swap.
it’s always hard to think one has been scammed and our brains are almost wired to think of every other possibility before acknowledging the scam but what i’m saying is: be careful man. nothing at all looks trustworthy, not the site, not the constant excuses (swap was supposed to come out back in march), not the first white paper (which is bullcrap with no real technical info) and not the second white paper (which they touted as coming today after many question were being asked and still it hasn’t come out). the fact that the devs are anonymous and that the website and screenshots of the “swap” looks like anyone could have made them in paint. alsooo they released a certik link as “proof” of the swap being audited but that link is for an audit to the token contract, not the swap, it doesn’t anywhere say anything about shibaswap in the audit certik link. all of those are red flags. and the absolute worst for me is that they blocked me on tw for asking these questions. so anyways, i hope you did the smart thing and not invested more than you can afford to lose if you wanna ride this out and see what happens. if not, then i truly wish this is not a scam and works wonderfully, and then i might re-enter.
the fact that it doesn’t feel like a scam would make it a very good scam lol did you read this post ? the swap in itself could be the scam: also, there have been these mysterious huge transactions made and no one really has come up with a valid explanation. they could just be the devs slowly dumping while telling people “the swap is coming” so holders buy more.
man, you gotta see this
it does nothing for the group at all. it just makes dipshits like you have false hope. congrats 6k out of a 100k only 6% where is the rest huh. we see this shit everyday.
giving advice about crypto, all the while, calling them shares 🤣😂🤣😂 sounds legit!!
shit my goal was .0001
hey that lunch money might afford them a new car when they 16
i dont understand people waiting to buy the dip. isn't it low enough? i'm continuing to buy 100m at a time until 1c. why is everybody waiting for a so called dip? this is one reason why it would not increase at a faster rate. people wait to buy something that is damn near free.
i just deleted my comment because i realized i agree with all your points.
we just deserve transparency. all i see is hodl and buy more. the price keeps spiking. i read some news about swap, but still nothing concrete. im holding and hoping to continue to back the coin and the community.
oh that is interesting. thanks for sharing! i'll look up on pancake bunny now.
not saying that it is or is not a scam, but with over a billion dollars worth of coins at stake, wouldn't you say it makes sense to delay an unsatisfactory project? i definitely do think they should be more interactive and transparent with investors, but with the way the community blew up it is unsurprising that it is been delayed.
that was actually a great read, but in its core it’s a speculation. the guy who wrote it admitted it himself its a theory of what could actually be happening. this is not me in denial by the way i couldn’t care less i only invested expendable change so i am not really worried. now in regards to the dumps you’ve got me beat ive got no clue what that’s about i’ve been wondering for a day or two about that but overall the word scam has been thrown around quite a lot with no proof i understand all the red flags but that comes along with any project i’ve seen in bitcoin a while back and i saw it 2 years ago with doge. yeah ama ride this one out, and see how it all plays out
it could also be them cutting their regular payroll checks and paying their contractors
already read it yesterday. again speculative and confirmed by who wrote it. if this is isn’t a legitimate project we ain’t finding out till next year unfortunately, we’ll have to wait and see
and what are you doing for this community? nothing. you are here and want others to do research so you can piggy back off all their hard work. nothing but a leach
i did not give advice. just said not to get too excited about having millions of something that tons of people have millions of. shares. *insert explicit amount of emojis here to let everyone know how to feel about what i said*
my goal is 10.00 and i'll be thisappointed if it does not reach it by july.
they're minors and they are trading illegally without an adult knowledge of the downside risks. the upside is irrelevant.
check this out also bud
the size of the project is really irrelevant, they can delay it all they want but they’d have to show real tangible understandable proof it’s actually in the making. if not, it’s just more “have faith, it’s coming” crap.
and also, they were expecting this to blow out from the beginning. they were saying that since february and the swap was supposed to be out in march.
they why not just explain it as it is? the reason people fall for scams is because they always try to find reasons for it not to be a scam and they turn off logic and stop making questions to not feel bad about their own investment.
dude, idk what you understand by speculative lol but those “screenshots” made in photoshop and the “swap” missing key functions like, well, “swap” should be the only proof you need.
how are you going to call me a leech when you’re only here getting upvotes. how is it pigbacking? it’s a currency. what helps the community more, information post about the coin or upvote because i’m a little boy that needs attention on the forum. i might not doing anything for this community but i don’t sit here and beg for upvotes that do nothing for anybody. what helps the human brain about this is information about how the coin will go in the next day week or year. you’re a loser and you know it
lol you’ve only been in the group for 9 days, wow not a surprise. looking at all your post, you need a lot of attention. have you tried counseling?
the point is for everyone to be able to hold a bunch, read the woofpapers
in 10 years maybe
lmao before people start saying shit, respectfully, how do you ever suppose it’ll hit 10???
aint your money am not your choice lol
“fear, uncertainty and doubt”
shib has since garnered attention via national news and is being harshly scrutinized, though. if i were them, i wouldn't push out a product willy-nilly either. projects get delayed all the time, so i do not see that aspect in particular as a red flag.
conspiracy theories are fun!
hardly just here getting upvotes. im invested in this project.i’m done with you now. no time for negative people in their little worlds. 🎤 drop
since then i did read the woofpapers. lol. i see now.
lmao. try phallosan.com bro.
i'm only kidding. i'd be happy as hell if it hit .001.
over the moon even
they're going to get screwed come tax time eventually one way or the other. it's not something responsible adult human beings should be encouraging. there's a reason you have to be of age to gamble.
the thing is they’re not showing any actual evidence!! i wouldn’t care if the swap released in 2022. i’ve waited longer for movies and games sequels, that’s not the point. the point is they’re being assholes and blocking people when they’re asked to released anything more that a crappy screenshot. the point is that when they release “evidence” of the swap being audited it’s actually not evidence of that but audits of the token contracts. imagine rockstar was saying gta 6 is coming and they release only a crappy screenshot then release footage from a game that’s clearly not gta but everyone believes it because they are so hyped about it. well in this case it’s the same but without a company name backing anything up and with the devs blocking people pointing to these flaws in what they’re showing.
yeah, like a swap coming “soon”
how many tokens you got yung buck
okay lmao ok cool. yeah dude i’d be stoked too
i wouldn't complain. i'd make a few bucks. would love to see another crypto shake up the "market masters". lol
oh that i totally get and i think it is reasonable for you to be sceptical. just did not think the whole delaying part itself was. would definitely be great if they did something that would reassure us.
how many iphone releases we're pushed back because they needed to get it right... and to build hype.
this is a post that deserves an upvote. patience is key.
it deserves a more technical explanation: go to a site like coinmarketcap or coingecko. look for the big market cap number at the top, currently 2.45 trillion dollars on cg. it's all the money tracked in cryptocurrecies. almost every coin goes up or down according to this number, as it represents the opportunity and risk for day traders. today the entire market dipped by 6%, so if you think you bought high, guess what? you actually bought at a thiscount. the market recovered by 2% so far give it time. by winter we're all going to be laughing at this that said, be responsible. don't invest more than you can afford to lose on any coin.
ideally you want to be that guy who bought doge 8 years ago as a joke and just opened his phone up today seeing that he has millions of dollars chilling there.
if only i could put my phone down lol i’m always watching it. the anxiety was rough when i first started months ago with doge. but now it’s kinda a norm to watch. when it dips i’m like meh, when it rises i’m like meh but with a little more excitement xd
this is the way. just received my first 6,000,000 shibes.
a wise man once said to me, “listen, you should lose your phone, break the sell button, cut your fingers off, do whatever.”
tl;dr: hodl (!) see you in 2025
you have to be patient for everything in general ... especially for crypto, you do not get rich in one day ... unless you have a good starting capital😂😂😂
i was close to selling when it pumped three weeks ago, but now when you zoom out that pump looks like nothing! so glad i did not sell
thank you for posting this. yes, everyone is excited but it is getting to the point of mania. i've started an faq's guide to shib. you can see it here: [ i will be adding to it later on today. please read and share so that everyone can be more informed.
this was...one of the problems i should say. to many people jumping on recently thinking they will make millions over night. the people that made that money for the most part have been holding for a long time. just hold, be patient. if you need to take some profits or get out that’s understandable. if you can hold, do it!
as someone who held doge for a few years and literally made myself forget about it (it was just not moving at all for years, lol), just to hear that it was finally doing well on the news and social media...if you can’t grasp waiting years, you need to reevaluate your desperation for money and what you’re doing this for. don’t invest money you don’t have or can’t afford to invest. don’t invest like your life depends on this money. trust me, i’ve had my fair share of gambling in vegas and crypto can give the same high, but there’s some variables that can be better calculated if you dyor. it’s actually very annoying seeing all these newbies jump in every time there’s a pump and then talk shit when they’re not making any money. i’ve only owned shib for 3 weeks and in that time the growth has been staggering with a few depressing dips here and there, but rest assured each new floor is impressive. so be patient, dyor, support the project and community however you can, and have an exit strategy.
the shib community is great but from what i've seen from posts, many are new to the world of crypto. it's a thisaster in the making if you do not dyor and are speculating with . if you get rekt, do not blame anyone but yourself.
plus let’s set realistic expectations. like .0001
this have me faith
100% be petient guys.
i was doing this in the beginning, bought in sunday afternoon, woke up yesterday morning looked at my phone and saw the gains, about threw a party right there. watched the gains almost to bed time last night, got up this morning and a dip hit and i am like "shit". i feel with binance, coinbase, and other exchanges listing this coin we will see one hell of an upshot. my biggest thing when talking to people is they do not know how to buy the coin. i threw my cash on the table, so either we get really rich or just let it burn, either way, i shot my shot!!! lets get after it!!!!
thank you for this xxx
how do you buy it?
we need more people like this. not only to hype people up into making smart investments, but we need to mentor eachother on what to do with those investment. om beyond happy i came to redit.
that's why i only bought . new to this and crypto. i know its not a lot but its what i'm comfortable losing if this thisappears tomorrow
the amount of people who are buying a few million shib right now and then watching the 1 minute chart thinking they’re going to suddenly become rich is scary. them and the ones who don’t understand market cap and won’t even listen when you try to explain that shib cannot hit 10 bucks because then it would be worth 10 times the entire worlds wealth
i bought in early and panic sold a couple times. i lost approximately 10 billion shib by doing so. things would have been fine had i been patient. i digitally burned a pallet of money. most expensive mistake of my life. put your phone in a desk or something
day trading with this kind of coin is just stupid hodl and see in a few months
i was down 50% last month with shiba, but held. look at me now ma
i am a relatively new investor to crypto (started only in november of last year), but if i could go back and give myself one piece of advice it would to be to hodl!! i lost so much freaking out and chasing everything! find cryptos you like, buy them and hodl! i’ve made back my money and so much more by following this advice! good luck everyone and shiba inu to the moon!!! 🚀🚀🚀 💎🙌🦍😉
i am in at 50 million coins 51 million coins at .0000359 . and i am not selling will add more if it goes below 3 level.
he is 100% right, if you own shiba, you're gonna make a bunch of money soon or later
if we hold we can make shiba reach .01 or even .1
spot on! i have already invested in low risk, low return coins and shiba is kinda trying my luck on it. guys, please do diversify and dont risk more than you can lose ! good luck !
never joined a meme coin before but my portfolio is fat worth real investments even with the current correction i’m still up massive so i can lose the 1.5k i bought of this
i have no problem investing my money into this i know its hella risky but scared money dont make money... i'm currently broke asf cant even pay my phone bill but when i do i'm going to buy this coin i just need to do some research on a metamask wallet... i'm totally new to cyprto so everything is new for me... i have a family member who is willing to invest in my ideas just need to get more information. i need all the help i can get.
i want just to make an additon on the post: just because you invested in shiba do not hate on doge because they are corelated and the succes of doge= succes of shiba because the fundamentals for each of them are the same
exactly right my friend. so many are constantly checking. once it starts dipping a bit because a whale sold a fraction of their holdings. they panic sell. do not panic sell. this goes for every single community. buy the dip. buying the dips is where all the money is made. ' here is a saying. buying red dildos gives you green candles 😂 and vice versa. green candles aka buying at a all time high can sometimes give you massive red dildos. aka price tank for a brief moment
hi! newbie here, just got in with 10,000,000 for fun, using crypto.com. in it for the long haul to see what happens... question - how and where do i stake these coins?
there’s people who sold weeks ago right now crying that they missed out on . it’s so early. best to hodl
thisss right here make this a top post for sure!
this is the way 🚀🚀🚀🚀❤️❤️
tbh i still wanna join, couldnt do it yet, will only be able to do in 2-3 days. and i have a massive fomo, fearing that the coin suddenly explodes in those 3 days. atm, i can afford around 1-2 million coins...really wouldnt wand it to be 100k only anymore in just 3 days. but ima stay calm. once i actually did buy, im calm af, wont care about prices. but before i joined...man, the fear is killing me
this is true. yeah it dipped last night but i’m still holding. i’m not here for chump change. if i hold i can have a huge impact on my life... instead of a small difference. everyone should have a similar mindset.
guys who is ceo of shiba inu token?
diamond hands to the moon🚀🚀🚀
finally someone said it. keep calm, slow and steady wins always. 💎
i love shiba inu will be holding for a long time 🚀💼
my stocks stagnated. i just pulled % gains and threw it in shiba. i went from one account that i did not think i'd ever see a return on to another account that i do not think i'll ever see a return on. :d
may the crypto gods bless us
shiba inu could be explode in value, especially if they burn off 50%. exciting!
this was me with dogecoin and gme. had total sleepless nights and freaked at every dip. now i understand the value in holding and looking away
saved for later after i took the advice. i am sitting on all my crypto stashes for 20 years to the birthday. i will be 62
well said, we need to understand that the only way to the top is if we all hodl together... and every bit helps. small and big bags! welcome new members, enjoy the ride... there is nothing like it!
sold all my hot and bought 165mil shib , in 24h made 2.4k£
bought another 50 million more😎 i’m not about to miss this wealth rocket again. never mind you weak virgin hands. fukc it, ima keep buying dips till i own a billion. when it reaches $.10 i’m rich biiii(t)ch <insert chappelle’s show voice>
i thought the whole point of buying shitcoins is to get rich quick lol otherwise why these exist? all those hundred in and million out posts ... not quick eh?
i'm playing the waiting game, gonnaa store it in few years and hopefully reach 1 dollar in the future.
how many months are we going to be waiting? i bought 17million yesterday and i’m just sat in the red like a b*tch
after how many minutes can i look at my phone then?
you right 100% bro😎 👌
i shall give a nice reward for this post
it’s a gamble and you never gamble with money you’re not willing to lose
this is so accurate man! i feel better now.
can i upvote a 100 times
this is key facts.
good comment bro 🙏🏻💪🍻
everyone needs to hear this. good post.
i need a good app un the states that will let my buy!! any suggestions that are safe?
hey fam, check out kabosu! i just aped in! still holding 20k usd of shibaaa 😀😀🚀🚀🚀
any other penny cryptos to keep an eye on?
i believe shib will make millionaires like doge did if we wait long enough
agreed. ima just keep stashing when i can
thank you a lot.
guys i saw shib on binance but why can’t i buy it yet tru binance ?
i needed to read this, thank you!
my entry point so low so i’m chilling unless it goes to zero them i’m fucked. no risk no reward there exchange’s are sign it be around for while at least. hodl 🚀🔥
>you will be stressed out so much more by the fact of it going up and down every 10 mins. oh, sure, **now** you tell me! i bought it a couple weeks ago, and then bought some more throughout the week, wound up with 305 million. it was cheap, and my thought process was, well, if it hits a penny i will be a millionaire. it took , and it was not a ton of money, so i thought, sure, why not? i was not, i repeat **not** prepared for it to explode over a few day period, and now i am constantly second guessing myself on whether or not i am being dumb for holding on the extreme longshot that it will actually hit a penny. what's worse is i know it will be 10x more stress if it hits .05 cents and i have to stay cool. 🤣🤣🤣
i bought 380 million shib for 600 usd and sold it when it dipped when price was 0.000001. now regret for selling...!!!
if you are looking for a cheap platform to buy shiba coin use crypto.com use my referral link to sign up for crypto.com and we both get :)
i uninstalled my metamask app 😁
stay off the apps to buy it ! save server for new buyers😎⚡🐶
new ! 25.4 million in! totally agree. buy it with, set it, and forget it! check in weekly maybe. decided that i’m tired of being the “shoulda coulda woulda” guy. i have friends that are millionaires off of bitcoin. my ex’s brother was trying to get me to invest in bitcoin when we were in highschool when it was 8 cents! i remember thinking how much of a dumbass he was throwing his money away. lesson learned.
i actually love the stress of watching it constantly. a third of my life savings in a meme? better than coffee
i bought my shiba like 3 weeks ago and my money went down to half the moment i bought it, then yesterday i came back to see how it went and realized my 🚀🚀🚀🚀 at this moment writing this it went down to hodl
im more than happy to hold shib, but when these apps like trust wallet are asking for network fees that are currently , it’s ridiculous af. i basically can’t sell at all. feel scammed. i only put in what i could afford to lose but these network fees are ludicrous
shibs unite...has anyone picked up ???
what? you mean i won’t be able to buy a tesla in two weeks on a ? now i am depressed😂😂😂😂😂
meme crypto is literally a get rich quick thing as per the memes
and here i am still waiting for my crypto.com verification to go through.
there are lots of ways to buy, but so far i’ve had good luck and low fees by buying usdt through coinbase.com?src=ios-link then, i transfer to my wallet in gate.io yes, those are referral links and yes we both get rewarded. i’m posting this because it took me forever to figure out how to do all of this fresh off the rh bandwagon after turning .
hello. i'm new to shib and bought in at .000017. in order to make life changing money from shib, as of 5, you need have bought early or dump a few hundred thousand into an account today. that's only if shib can reach a market value of 1t. even if you have around 100 million shib you'll only make 120k-ish am i correct? thank you.
just bought 40k worth of inu on the dip lets go!
where did you buy this coin?
i'm an amc boi i'm used to painful swings, shiba has the opportunity to change cryptos for ever. i'll happily throw my money at this thing and forget all about it until we're on the moon 🚀🦍🤑🥰❤
fair play to this post. crypto is a hodler’s game
i started today and i know i'm in this for 9+ years. only put about £25 in so far but i see it as a bit of fun and something extra to do. also i really want to be able to say 'hodl!'
i got 102 million and holding to the moon!!!
hey i'm pretty new to this cryptocurrency thing, invested only in shiba inu and expecting a good return in long term. i have around 30,00,000 tokens with me now and i think it is better to leave it as it is for the next 10 years to check my luck with that. 😂 but meanwhile, how i can support?
i’m late but i just bought 16million shib. mainly because i support doge and panic sold in the early stages that looked exactly like shib does now. i see potential in other words. to the fucking moon 😎
i learned my lesson on other cryptos. then i started noticing every 2 to 3 years there is a crash but things pump back up. felt like an ass panic selling. learned my lesson the hard way, but at least i learned.
just keep buying, just keep buying, just keep buying buying buying🎶🚀🌖
i'm in for thw next 10 years lol
i own ’t open the app until 3-5 years from now. setting it to the side until it hits .01 and i can retire from this daily grind! that’s my mindset.
i have 200 million shib, not selling any!!!
i have brought in several people and still recruiting!
this right here. the best thing to do for any kind of investing like he said is to consider the money burned and never sell at a loss. also another very important thing is to have a strategy for your investment.for example i have a stake in amc and gme not a big one but big enough if it blows i do not think i'll have to work again my strategy when i bought it roughly at the beginning of all this crap what's to just hold it to see if i could get rich. now during this roller coaster that is happened the stock has gone up and down in the market but i have not reached my objective so i have not sold. also i have not really lost money because you only lose your money if you sell at a loss
i'm long . that's the way i look at it so i do not stress the peaks and valleys, just buy more when i can invest.
and always remember when you read posts and articles, crypto is a one-person sport and everyone who comments is motivated one way or the other. watch, learn, do due diligence and make your own decisions. invest only what you can afford to lose and take occasional profits when you can. good luck to all and much love and godspeed!
i spend money on crypto but when i invest in a project like shib … i’ll throw 500.00 bucks at it and i act like i just don’t have that money anymore…. i will hodl until it skyrockets or zeros …. i already wrote the 500 off the min i invested it so i have nothing to lose.
it's almost been a year since i started in crypto, my first purchase was chain link . since i added eth, btc, ada, matic, ren & doge. i've done pretty well holding my unrealized gain of about 120k so far. currently staking , pretty cool!! that's in less than a year. recently i added the shib and my 2m shiba will simply sit there for 2 yrs minimum. one of my biggest mistakes was trading ren for chain link, i would be up another 25k but that is how it goes, the lesson is patience. yeah, try to forget about it so the emotion is not there, stick to the plan!!! glad i rode out these last few dips, my plan is paying off big coming this 4th qtr and into 2022... let us keep this train moving down the tracks, good luck all!!
as long as we are on the subject, if you are new, as i was a few months ago, coinbase is great. once you think you are ready …i like coinstats. this is free and has everything in one place from news to extremely accurate pricing. it is the next step. just my opinion, hope this helps
everyone hit shibbunner playlist on shopify if y'all want to see more improvement 🚀🚀🚀🚀
my uncle got 14 million in april, i got 2 mil, my siblings all have between 1-5 mil and my parents have about 10-20 mil. we’re all in it for the long haul
the day has come.
hello i am fairly new to cryptocurrency. how do i sell my shibainu coins on binance? i literally have no idea how to sell it. i saw the conversion from shibacoin to busd and the fee is 2 million shiba coin like wtf?? i’m still experimenting on things
wait, is not everyone buying this to try to catch the top of the very obvious pump and dump
wtf... worst piece of invest ever ... lol to go to be true ... this token will never do nothing
can someone tell me how to buy this in ny? i downloaded a vpn thinking that would do it...tried through a wallet which cost me . i'm newer and could use the guidance. thanks to any that respond!
well said. good post!
only gamble what you are willing to lose! i only put in a little of my doge’m good here!
well said 💎🐶make £€¥$$
i can’t buy any more shib or transfer between accounts without £180 + charges is there anyway around this
well put!! don't panic... do not stress...slow and steady...and we will win this race as a family!!!
anyone want to help me out, i watched about (after going from kraken to exodus to coinbase wallet) before the swap to shib, at which point i was told i did not have enough to cover the transaction fee. what the hell am i doing wrong?
10% buy 5% sell 85% patience shiba 🏆🥂🧘🏻‍♂️🚀🚀🚀🚀🚀🚀🚀🚀🛰
yeah just toss in like 20 bucks and let it sit boys
where to buy in the us? not on binanceus or voyager...
my problem as a newbie is the mining and transaction fees. as such i have ended up with only 11 million. i fear it will cost me loads in fees etc to get it off my coinbase wallet back to gdb or another coin which will make me never try to claim my money back
i check once a day, but i firmly believe in shiba as a valuable crypto. doge is going places but shib is going further
what ever money you put into shib throw the same amout out the window, if you cant do that then you have spent too much.
2 steps forward...one step back and all profit in the future...
the best post so far in sub ... thx
shib down now ? i did not check price
commenting to boost comment!
where can i buy in ny
fucking send’er, appreciate someone talking some fiscal responsibility. holding is huge for market growth - buying creates the buzz, but we need to hold to show economic stability and longevity in this security. we all win through holding.
this is the first time i have my trust in a community i’ve been in the crypto market for years and this is real life for the first time i believe in a dog
buy millions and come back in 6 months boiiiis
i traded some of my dogecoin i made mad money off dogecoin so a few hundred on shiba was no sweat. but absolutely do not invest more than you can lose only put money you can lose and not affect your bottom line. you never know this could be the next dogecoin, but i'm not willing to bet my house on it that is for sure.
this!!! it’s so true, i’ve just started and i had my phone out looking and seeing prices drop my money going down, got stressed. but now these posts help a lot! as a lot of people have said patience is key! 🚀
hold your ground newbies! this isn’t an overnight wonder... this shit takes time to cook!!!👩‍🍳
ready to be on the moon ! patience its the key !! give it 2 mental years to this
just bought my 8 million shares woo!
the money will come.
beautifully said!!! stay strong guys, gals, and non binary pals we’re all in this together!!!!’
can anybody help me? i have . dk what to do now lol
anybody buy through pancake swap? everytime i type in the shiba coin address, it won’t show up... it’s the only coin that has done this for me on pancake swap, any body have the same problem?
in shib army we trust 🙏🙏
i'm not worrying. although, it would of been nice to see it double again two nights in a row. i'm new to crypto, shib, and reddit, but i'm in it to win it. . should of been doing this for awhile now.
tip: save your wallet everywhere! just make sure it is secure!
thank you! i think i needed to read this. i'm only 4 days into the crypto world (after years watching from the sidelines). i'm completely new to this. i am in on doge and shiba and having lots of fun but the amount i am checking my phone is nuts. i need to take a chill pill and relax. shib and big brother doge to the mooooon
thank you, that was a nice and very strong message 💪🏽😎 c u at the moon 🌝
everyone nowadays looking for that instant get rich securities. . 🚀🌚
totally agree! thanks for it.
these coins need people looking at their phone constantly to shill it! otherwise it would be dead.
it is impossible to have success in investing without patience. even the greatest investor in the world could not produce a baby in one month by getting nine women pregnant.
exactly look at doge it took 5 years to get to where it’s at from its first release
yeah, you are right. just closed my trade screen. thank you.
true story right here! i lost a lot of dogecoins because of little experience and fomo transactions. if you expect a price increase in te long run. buy, bu do not look to often.
i’ll still continue to check it hourly for the next year just like sndl... cuz i’m an idiot and have idiot expectations i’ll make good money off it
just bought another .000027
dear god of shiba, i'm not asking for much, all i'm asking for is a nice rolex.
yeah i just joined this sub yesterday and i'm realizing that a large portion of the users on here are completely clueless to crypto, which is not a bad thing! it's just, can y'all please stop making posts asking simple? lol we all have the same resources. youtube and google are great places to start
i’m new to shiba, but i’ve been in crypto since 2017. i agree with this so much!
serious question. why shiba should go up eventually and not doge for example? what has shiba that stellar does not have for example? i'm new to crypto and bought shiba. money i do not care if i lose of course.
also, please let us be a bit realistic with the numbers not have high expectations, anything can happen, whether good and bad. so just relax and enjoy the ride!
...😒🙄 moon tomorrow 🚀🚀🚀🤦‍♂️🤷‍♂️🤣🤣🤣🤣(jokingly)
thank you for the post. just bought my first 1m shib. i will simply be patient.
where is my lambo!!!!!
thank you for your cautious words. i am very new to crypto. i will now completely ignore what you just said and buy millions of shib. see you in space puppers.
to the moon brotha 🚀🚀🚀
going up and down like a whores knickers just hodl and stop stressing 😂🤣👌
i don’t want to throw away all my money i want to throw away all my money.
that is also why it is important to not put all your eggs in one basket, as the saying goes. i'm in on several coins. shib, bonfire, sfm, yeet, slf, etc. spread it around and hold.
thanks i have a question, why should we not be worried that some ?
straight facts see you on pluto y’all
upvoted. people need to be realistic and patient. if someone wants to buy shib, by all means they should do it, with keeping in mind they are doing this for the future (5-10 years from now). just like btc took so many years to become popular, just like doge gave lots of people huge profits after 8 years, we are in this for the long haul. patience and your problems will be solved. not tomorrow tho.
i made money of doge by not listening to advice like this. im making money of shib ay the moment. to the moooooooon!
there are 2 thins i really like 1) rethistribution of wealth 2) shibas
good advice! i'm kicking myself for closing out my position on .
it’s our common aim to be financially independent. it takes patience to achieve that. this is a vibrant community and there’s so much potential to our investment. simply hodl and spread the word.
the best post i've read on shiba so far. good job, sr.
yup i put away as much as i’m willing to pay on a multitude of cryptos i’ll see them at the end of summer for a quarterly check and then leave them alone again
this is going to be huge👏👏👏
people who cheek the phone every minute and want sell trust that give anxiety then will think to sell it if you want make money be patient and hodl and remember salary every months not every 10 minute so guys hold and buy more also there one more think lot of people saying shiba is scam and i’m having 10 million coin and i’m willing to buy 40 million next week
just got about a million of it. let's hope so!
new to this community and to this crypto. willing to do the long haul and wait it out with y’all till the moon. do not have any shib bought on the fact that i don’t know when the price is right to buy. any suggestions? price mark? or should i simply buy in at what it’s at!
shiba has too many tokens, and this can be a problem. with 394,796.00b in circulation, we will never reach 0.01.
of course. doge coin took years to take off, but i believe everyone needs to do the work. get some good tier memes going and make it to r
i bought 86m coins (around ) on saturday. up over 100% already but not selling until it gets minimum to .01 cent.
i can get it, too many gas fees
thank god i got i'm in early with over 5 billion coins. i'm waiting for the moon also.
if shiba listed on all these good exchanges that is a good chance it is not being taken away anytime soon. shiba was listed on binance before safemoon. good possibility it will moon just keep spreading the word.
if you cant handle the up and down just dont trade crypto. the cryptomarket is not like wallstreet. and wallstreet is even a stressfull thing.
guys, if you put money into shiba or any other cheap meme coin such as feg or akita, hold and be patient. stay strong if it drops. i bought shiba back in march worth . last night the amount i had back in march would have been worth fucking .000,00 i hate myself although i know, that i wouldn't have keep it until this amount.
what is the easiest way to buy shib in the us?
can anyone tell me the least expensive method to buy shib? i’m very new to crypto and every avenue i’m looking at seems to require at least a few
okay so how do i buy this without giving literally every information about myself from my social security to a photo id. cuz i checked out coinbase and crypto and binance and gate they all trying to take everything out of me. i thought this is why crypto was made in the first place why are they bringing it all to it?
i read somewhere that the ones who hodl their crypto were the ones who made the most profit and by far... seems quite right to me. let´s hodl to the moooonn!!!!
people do not realize it is a long term investment opposed to short term. i check mine frequently but it is to watch trends, this shit is super interesting to me.
bought my first 160 euro worth of shiba… 6 millions coins! i just sit down, relax and wait.
not too long, i think it was about 2 ish days?
if any filthy rich dude is feeling like helping a guy pay off his student loans with shiba, for me helping out the new people, don’t be hesitant to slide lmaoooo shiba address:
have 168 million on bitmart. i’m about to lose my phone and find it in a couple of years. lol. i tried buying more after the 12x surge on crypto dot com and it froze. i’m taking it as a sign. i’m holding what i got.
i’m in with 3 mill shib…. but dumb me waited to buy . the prior night it was at around .00001416 …... then by morning it went to around.00003067…. boy was i bummed. oh well. is what it is. rather see price increase instead of falling.
i have 2 billion tokens since the 10th of april and i'm not selling one i've made that panic sell before and always regretted it.
i'm a 1 year crypto investor i've planted seeds in coins like sushi, cake, bake, and bnb at earlier last year and it was the best decision ever i truly believe with the market cap we are achieving right now, there could be a new initiative towards releasing an exchange sometime in the near future. this is a waiting game and you cannot have emotions factor into this market as it can be really dangerous and cause you to make unwanted decisions. hard and long work pays off some people will selling all when we reach 5x or 10x many others will leave during a bear market others will wait and hodl for 100x but very few will take the time to wait on a 1000x and those that do will be the real shib millionaires, more and more people will adapt to crypto as the years progress and it all starts here right now.
listen to the wise words of the op, he speaks the truth. this is very solid advice to anybody starting out in cryptocurrencies, or investing in any other asset for that matter. if you do not have the money to gamble, do not invest. true growth can often be a process that takes time and the swings can be hard - you do not want to be caught in the wrong place at the wrong time losing money you need to live. if you do not actually have the money to invest, take a hard look at your budget and spending habits and try to save money until you can dip into the markets, and do not rush in before the money is expendable for you. i got into crypto a little less than a year ago but have never done anything except hold most of my coins. i dollar cost averaged into the market and have been stacking btc, zil, and eth. the only move i ever made was with the graph (grt) - i lucked out because i happened to be on coinbase and saw all the notifications for the new coin the very day it was open for trading and got it at .2524. i held it for 93 days, and in feb. when it was just over 2.15 i swapped it for btc (it went up almost 10x in usd but just under 5x in satoshi value). so i have been super lucky and realize i entered into a crazy bull market and have felt nothing but the highs yet. that being said, and maybe to ops thismay, i just went on uniswap this morning to get some of the shib coins; i am having fun with it and am prepared to ride the wave. i might consider taking profits on my other coins later this market cycle but i think i am going to hold on to the shib coins for years and years. i am an older single guy so i have some money to burn and low expectations in general. i am hoping for the power of the shiba inu to surprise me, but i am still treating it like a scratch off ticket. i am guilty of checking my phone a little more than i used to but it is just cool to see the numbers change on coingecko - in that way i am still like a kid, the dopamine kicks are real. good luck to all in the shib army!
great advice... been investing in crypto for a few months now and i would check my phone constantly in the beginning... let me tell you its a horrible idea and almost certainly you will lose money from it
i just bought (shib 1,880,000.00) and i´m not even stressed, just have to be patient. thanks for the advice dude!
there as so many people coming into crypto for the wrong reasons, thinking it’s a get rich quick type of thing because people are hyping up their gains. if you’re calling your coins“shares” you need to do more research into cryptocurrency.
this is a 5-7 year hold. set it and forget 🚀🚀🚀
this for me is a 5 year investment i’m just going to leave my 20 million shibu coins in there and in 5 years see what they are worth
just bought 2.5 million shib can’t wait to stress myself out checking on it every 5 mins
just bought 30000000 and bot trading with another 6000000. im paying for fun! shib army does have a nice ring to it.
this is a marathon not a sprint!
i just baught today is it late??
hope this happen at least in dec. looking at the wallet every 45 seconds lol
nearly 8 years for doge to be considered stable
yup da pup 🚀🚀🚀🚀🚀
this post rlly helped me thanks ahaha
i bought 200 usd of shiba yesterday but transaction wouldn't go through until it did after the 4th attempt now today i have 800usd worth what should i do? i've already contacted crypto.com about it
if you're a gambler... stay away
one thing i took away from this is... buy & hodl !!!!!
1-do your homework and don’t follow the scene, just monitor it. 2-don’t put much in shitty. cuz these tokens won’t last long! ( as much as you can afford losing). 3-don’t get emotionally attached. 4- don’t be greedy, get your 100-500x and fly to the moon by investing then in a better token to get another 100- 500x and so on . 5- it takes time getting to the moon. all we just need is p a t i e n c e 🎯🐶🙌😌🚀
i’m already like £200 up from this anyhow so the up and down for me is just profits mainly i bought into it early on so everything at the minute is just how much more money i can make or not the money that i put into shiba was money i made from ethereum classic
join our thiscord shiba support
buy. hold. dont look. repeat i have spoken.
i’ve been trying to tell them for weeks
let’s be honest, this is stealing hype from doge but the market cap is too high to go x10 for a while . i would recommend checking out r. you’ll regret it if you don’t (probably)
buy kabosu inu on pancakeswap v2!! is the name of the dog of developer of dogecoin!!!🚀🚀🚀🔥🔥 website: kabosutoken.io the world’s 1st dog themed token that rewards you whilst giving dogs a home!😍 telegram group:
i bought some for the memes. nothing i cannot afford to lose obviously
this goes for anything you put money in
this coin will not die , we are building the ecosystem from the middle out ! true network!
let's take this to .02 people! keep buying!
i can’t stand new crypto people that expect to put in .
in essence crypto is a get rich quick compared to traditional investing. with traditional investing you hope to compound 5-7% per year for 30 years. with crypto you could see that per day or week.
i am about to buy 30 euros of shib, and if it fails whatevs, i lost only 30 euros, but if it succeeds, i am a millionaire!
just converted and got my self a sack. ready to lose it or win it all, whatever will be will be😎😎
kill the doge, shit army unite
my man, well said!!!! we all have to learn the hard way sometimes, and go through the fire. that's how you make strong hands!!!!
don't micromanage your money.
this is the first post in this group i've read that does not start with "upvote this if you..."
i dropped , let there be mooning! amen!
that was a great message 🚀🚀🚀🚀
i just put in !!!
putting your phone away is key. take a walk around the block and live your life.
just bought 10 million, i’m ready to burn it all
it already went to the moon
got in in february and i can say this is exactly correct 👏🏽👏🏽👏🏽your promoted to shiba sargent 🌕🦾
im in 25mio maaaaan cant wait to see it flyyyy baby flllyyyyyyy hahahah
yeah it is a long game everyone. an investment. cool your feet and let the stack grow over time.
can more coins be burned to make shiba rise
i’m glad to be apart of this!!
nobody can predict the crypto value its likely to go up but there is a chance it will plummet and people will lose money, i've learned from my mistakes buy the rumours, sell the news and rn this coin is news. don't get caught up in all the reddit posts most posts are from people that do not actually care about if you lose or make money they just want more people to buy so that there current investment increases so they can make money, and they will sell without a second thought if it means profit even if will screws over other holders. buy the crypto if you actually believe in it and understand how it works if you have the thisposable income to do it. good luck boys.
in other words, if you are not new: buy the fucking dips!
this is what i try to tell people: if you buy something like shib, just look at it as if you took the money and lit it on fire. it is just gone. if you cannot stand for that money to have burned, do not buy. if you can stand the thought and afford to burn it, go for it. this mentality will save you a lot of heartache along with saving you from fomo'ing in more than you can afford to lose
can anyone tell me how to move my shiba to crypto.com app with minimal gas charges? i know how to transfer but the gas fees will be astronomical (to me anyway), the longer i wait. i'm connected to uniswap already.
easy exchange free trading bots
serious question but with the market cap being around 13b right now with dogecoin at around 60b is it realistic that this coin can really take off the way everyone expects? this isn’t fud, i am a hodler of shib.
how do i buy shib in ny?
can someone create a daily thiscussion thread and pin it to make this organised. i’m not sure how to. thanks 🙏
hello there, so i am new to investing and especially to coins. i’ve been doing a lot of research before i invest in anything yet. some of the most grounded and brutally honest info i’ve learned from threads on reddit. one thing i’m not totally clear about is loss of investments. if someone could help me with this scenario i might understand it a little better. let’s say i was to throw (hopefully it doesn’t!), what would be the repercussions for me financially other than losing my ?
mods need to pin this
this is an easy win. shiba seems to follow dogecoins movement. and doge will go up. i mean, elon posted a petition about buying tesla with doge. so, conclusion. hold on to your sweet shibas. it will follow doge up but with more agressive movement. thats atleast my prediction.
new to this coin, curious on mining? i know people mine doge and it just keeps having coins made. how does shib differ?
how do you purchase shib through your binance mobile app? anyone?
my best dog ever , shiba inu , i love you
can someone *please* explain how to buy for a tard like me i’ve been installing countless dumb apps and i have no clue how this stuff works im just a broke boi who wants to see the moon
ya i tossed . if it moons it’s life altering if not. i lose . always only play with what you can lose. but it’s pretty fucking sweet when it rises up out of the ashes to become rocket puppy!
is it possible for this to hit 0.005?
but i already got rich quick 🤷‍♂️
putting my 11,950,000.00 shibs away
finally a wise person
thing will depend on how we as a reddit shiba army will enforce the buying...many people can will make it happen, like game stop, than we burn!
it's a community effort for everyone to get rich , right now let devs work , buy shib , collect eth for a super node to power the whole shib ecosystem !
patience is a virtue. too many people come into this word with the high hopes of turning 100 usd into 1 million within 24 hrs. when the price does not just go up and up and up they get scared. when it goes down, they panic and sell. i did experience these feelings. fomo-in, fud-out, fomo-out. :d i saw my initial capital drain. and when it finally moved up i was relieved and sold for small profits. than came the 10x-100x moves. it does not mean it will always happen. it depends on the community. mutual belief and trust in a coin is what we should thrive for. the dollar or any other currency is no different. most of the world is using their own currency, because we are led to believe it is worth something. while inflation slowly and surely eats up our savings. ask yourself why for hundreds of years only the banks have the the privilege to manage and lend money that they do not have and we are paying it all back with interest and fees?
shib to the moon...be patient and keep on adding
lol most of y’all saying you could lose it all put in 🤣 you don’t even have it all
that is awesome... life changer
hold and we'll get rich!!!! patience train these puppies lol
as with all things...have a plan. and a backup plan. and a backup to the backup. because this is a casino. and 🚀 get sideways sometimes on liftoff.
the only time you shouldn’t relax and keep your phone out is when you’re looking to see how many tokens available there are cough 39%
thank you! steep fees buying in coinbase then transferring to gate but i still was able to buy 4.9kk shib!!!! moon!
sure it will, sophisticated pumper!!!
i don’t think it will true about shiba, but i agree with you about the investment side and getting rich quick thing
i dont have the guts for another gme like run xdd
this is the best comment to be on top
this is my 1sr coin where i could purchase millions due to its trillions of supply. this has risen so quickly and being listed everywhere left right and centre. coinbase better list this if they want their shareprice to recover and give boomers their money 💵 back ... lol
patience is key , and also if everyone try investing a good amount on it in a same day it can go up quick and people really can get rich
patience is key 🙏🏽🙏🏽🙏🏽🙏🏽
64.1 million coins, selling half at 10 cents the rest i sell at one and by sell i mean convert to eth and take a portion of gains sent to cash in my bank account... i personally i'm not sure where this is heading but i think 1 dollars a coin in 3 years is possible especially with crypto being so much more popular now it will take half the time if that doge took to blow up... that being said any investment you make should be money you do not mind losing i'm down 12k on my stock portfolio but i'm also up 14k on my crypto it is bittersweet but you have to set and forget and be sure to set your sell targets incase you miss a nice rip i'm not a pro i'm still learning but one thing i knew right away was to not invest the milk money that is for sure
cant wait till this community hits 1m subscribers!!! shiba to the moon🚀🚀
thanks for the advice. seems like good advice to me. patience and eventually 🚀🚀🚀
someone who has no money but only doge and wanted to trade for some shib should do what exactly?
yoloing to 100x or 0. low risk and high reward ,if i lose it all then it is just money i can afford to lose, if i win damn...
don't sell, especially if your at a loss. give it time. it will go up. it's only been a couple days 🤣
hook up a grid bot and use profits to buy the coin (shib)
i’ve learned my lesson as i just got into stocks and crypto a few months ago. patiences is key. i’ve lost out on probably about 40,000 just to make a quick 100 or 1000 there where if i would have just waited a few days or weeks i woulda made way more
thats what happened with gone to me. bought in at .004 sold at .04. not happening here hodl to the moon
great post. a friend for me into crypto in 2017 and it can be a bumpy ride. “crypto goes up, crypto goes down” - the bad crypto podcast. there’s days where i gain + on my portfolio then lose . i bought 30mil+ shib. let’s do this.
fyi poloenix is have a trading dog token quartet bonus campaign, until may 17th. lots of bonus shib to be made
this will never reach 1.01 is possible and that would be very good for me and a lot of people.
10 million sitting still no rush
good job keep it up
couldn’t agree more. if it wasn’t for me having other coins i wouldn’t look at this for another six - twelve months unless someone i’ve told about this pings me to look.
well said, thats applies to all crypto not only shiba ;)
well said shiba fam!! i will hold and enjoy the ride to the moon with yahll!!! 🦊🚀🌝
genuine question guys: how do you buy shib? the feeds are way too high in the unipro app.
the epitome of power to the people...all 70k members are capable of pushing the coin to 1 penny, at least
let’s go to the moon 🌚🚀🚀let’s spread the word keep diamond hands 💎💎and buy buy buy
just got in as well…. let’s where this rocket lands 🚀
i did not put very much into shib compared to my other coins. i know this is probably more of a gamble but it is worth a shot.
thank you for being the voice of reason in the shibarmy
when this coin reaches 0.25 cent than my dream becomes truth in my country 🙏🏞️🏚️🛵🐔🐤🦃🐕🐑 🙏
put in 100 i have those tokens in binance, i understand i have to take them out to get leash tokens correct?
my tip for this: buy it and forget you have it, makes your life a whole lot easier
some of us are at the point of only investing profits that we are more than willing to lose, do not invest the light savings. pretend it is just money you're spending at the casino and know you could lose it.
but the volume is making me anxious, more people buying it is making me anxious.
hi, new to shiba. where can i buy if i live in the us? also a safe place to buy? binance.us doesn’t have it listed:(
i got into dogecoin a few years ago for . it paid off alright for me. the other day i bought . so i threw another .9 million. this thing can take it is sweet time. im not in a rush
ima check back in a year.!
just be calm and check your account once per month
if you aren’t learning how these coins integrate themselves into the defi movement or how these swaps have all become the same thing keep researching. shiba is the next step and will dominate once eth2 launches. everything’s bottlenecked from fees and uni
so no lambo tomorrow?
i invested my life savings. i have nothing to lose. my life is currently dog shit and i honestly dont care anymore. diamond hands to the moon baby!
i started crypto this week...i have learnt so much about trading already and feel confident i could scalp little profits, although nothing life changing. i have questions about the shiba burn thing? how does that work? also is it bad to leave my coins on binance? do i really need a hardware wallet?
wait... so you're saying i won't be rich in a week!? omg... this is outrageous. i'm furious. i'm out.
crypto.com won’t let me add funds tells me to kindly contact bank lol
come shibaswap will some tokens be burned through transactions?
absolutely! the real way to make shib stronger is to assert yourself! the best way to make yourself firm is to buy and then uninstall the exchange! if you're trying to make money on shib with contracts, then you're easily consumed by your own greed! because shib can be very volatile in the early days!
bitcoin has appreciated hundreds of thousands of times, but the people who really reap the rewards are often those who forget about bitcoin early on. people who look at bitcoin every day often stop holding it in front of hundred and thousand times the gains, so they miss out on the real wealth!
just wanted to say thank you for this post. i'm new, i needed to read this. i just got in today after finaly finding out about crypto and no fees. its still hard to put my phone away, but i remember this post everytime i look lol. again, i appreciate you lookin out for us little guys.
where tf can i buy this? i just want to dump 1000 into this, get enough gains to pay shit off and sell. binance.us doesn’t have it listed. where else can i get it?
if they dont lose the ridiculous mining fee, this will be short and sweet and gone for all of us
use xt dot com or uniswap
i’m playing with house money thanks to my early investment in doge. i hope to get the same returns with shib. god bless you all.
i have my binance’t find the actual stock
it\`s right. faith and patience.
over 6,000 languages, and this chosen one chose to speak facts
crypto not accepting my payment tells me to contact bank haha
awsome ! u deserve an upvote . cheers from malaysia 🇲🇾✌️
i’m so happy there are still good ppl like you teaching newbies of all ages about being patient (especially the young ones under 18 years of age) about crypto currency, much love from an aussie bloke 🇦🇺👍🇦🇺👍
where do i buy?
listen people buy and fucking hold. forget you even got it. 7 weeks. 7 months. 7 years. hold. it’s gonna go up. never sell until we see at least a million in profits. it’s gonna pay off!
for the future 🚀🚀🚀🚀🚀
man i needed to hear this. i am a pretty new crypto dude and really like the idea of shib but i have found myself checking my phone way to much. just need to breath and let it live it’s life while i live mine. 🧘‍♂️
i gave shiba ? nah just kidding. time to hodl!!
buy buy buy 🔥
i bought doge in 2014 and just did not pay attention until the last couple of months. years of nothing, then the action actually starts. shib might be nothing, it might make huge movements. all i can say is i'm holding until it makes a big movement, like doge or better. be that 10 days, 10 years, 30 or more. holding is easy. maybe it never hits a cent. maybe it blows past it. all i know is i bought 120k doge for . .
i’m new to crypto, bought safemoon when it dipped and this is an important lesson for sure, i was obsessed until i learnt to just think about something else and let it shoot for the moon
i only buy. i don’t sell. not kidding, i haven’t sold any stocks or crypto. only adding.
so how long that we need to hold it in your opinion?
how can i buy shiba
so what is the easy way to get shib. eth has a high fees
the problem is the people with the bots :(
true story! i bought crypto and spend all my savings during the hight of the first peak, put my phone away for 4 years lol. and look at us now! ' patience
*dearest shiba, i love you more than the one i loved before* (doge)
first time buyer on crypto and bought shib, shib to the 🌕
quitters never win, fam! 🔥 hodl till our astronaut-diploma is here! 💎💎💎
i know someone who invested 100 lucky bastard
i juste buy them for fun juste to be a part of chib's holders. we gonna se in 4 years or even less what it is going to be. very excited 💪💹🤞
everybody buy shib. dont sleep on this
shiba to the moon !!!!
you only loose money if you're a gambler in this speculation market. for these small caps, you need to invest and forget
true words!! i dont care about how much its jumping or falling! i just keep holding my shibas any when i have more money available next month i will buy more. we r more than a hype, you will see 😎👌
i want to buy some shiba but wher i can buy and get kep they for a long time, and what hapend if shiba worth 000000 shiba will thisappear from exchange? i’m new in this and for that i’m asking i think maybe i two 3 month shiba is going to be 0,01
why do you think that it will go to the moon? i cannot understand the utility... i personally bought and holding a lot of shiba because the low price, but i cannot understand the utility of this crypto and so why people think it will grow
to the users of hotbit: please don't sell, it's a trap. withdrawals will be available in a couple days and you can withdraw to binance. thank me later. sorry for uppercase!
la quiero shiba 😍😍😍🚀🚀🚀🚀
to the moon 🤪🤪
i bought 27000 trx in 2017 at .065. it tanked to .01 for 4 years! i finally sold it last month for .125 i doubled my money instead of losing all of it in a panic.
do we have to pay taxes on all this crypto???
can anyone help, i have shib on binance, what's shibdwap and do i have to do anything? can i just hold on binance and wait it out?
where can i buy shibu anyway?
it's the long game just sit back and relax
i agree! great post!
how can trade bep20 on trust wallet
why did vitalik dumped his shiba? should we buy the dip?
just bought on crypto.com it was really easy. also 30 days no fees. use my refer code and we both get 5xdkckwt2s
vechain bby...real world use
the same thing happened with doge! after i invested it took around 2 months to get all the hype and climb up from 0.05 to 0.72!!
fluffly doggo farts, i. happy and hyped af to throw fiat at such a beautiful doggo, up down or sideways, not stressed i just love doggos and. doge yeh its wearing out & becomming too cliche cause of that damn mr musk rat. twitter snl and celebrity cabarette. stick to rockets bro. anyway gald to be the in army & when we hit a .01 i will ba able to afford shib inu doggo as my loyal friend.
i made money on trx so i have some money to throw away, let us goooo to the moon🚀🚀🚀🚀.
i need to read this again. thanks
hey there, i'm pretty new to crypto (got myself 10mil) and love this community here, i do have experience in marketing, could not we hype it up trough sharing a specific threads on multiple platforms? make memes and put the focus on shib vs doge, like the portrait? it is how we try do things in my work, since there are a lot of us and we have to stand out, we try to put the focus on one thing (something unique or bold) like the event shib vs doge ? if the community follows it would probably spread like a snowball and form an hype(supply - demand)? would love to here your output, maybe tactis on how we could effectively spread it? again i'm new to crypto so have mercy 😅😂 cheers!
really appreciate that. i am in. lets hodl and enjoy.
community driven does not mean buy and park. i thought this was an experience not a just sit here and invest your money and ignore events as they happen.
crazy how fast this grew in just a matter of days
my strategy is to take profits on the way up equally my initial investment. then ride the rest to zero or the moon. you worry less when you get your initial investment back.
buy some shib coin and help india with the covid crisis.
thank you! everyone look at doge 3 months ago. it’s not a get rich quick scheme. the technicals are all there✅ it’s going to take a month, or two, maybe 3. but it will be go ballistic
thank you that’s a must read
how does this "go to the moon" when there is 3 times more shiba in circulation compared to a week ago?
glad to be apart of this strong community of shiba soldiers... we may fall, but we will continue to rise... hold tight(diamond hands), hold right(responsible), and hold though the upcoming fights(shiba doubters)
yeah been burned by many a token that skyrocketed. had 3 million doge that i sold for. 008. bought at .002. so seeing 65 cents hurt. got a better one for you tho. have 28 million of this junk token innbc last summer it was worth .50 for abt 4 months. had no idea cause i had no alerts set on it since i figured the ... i was very wrong. its now corrected back to. 00000001. probably throw a few hundred at this to see what happens. in the us what is the easiest way to buy? tried to do it via their page and connected my wallet. tried to swap . i am already ... bastards
what about this coin uni inu any idea
those of you bought it at initial stage... congratulations, you are a future millionaire. now be chill and relax and wait for few months or years.
investing a small amount for the long term, hopefully we see some nice profits in the future.
truth!!! just relax and buy the fckng dip💎
coin releases december time! download pi network on the app store and use my referral code follywilliam so you can mine pi 🚀🚀🚀
i'm holding for as long as i can!
i just want you know when shibaswap will be coming out to stake until that happens i think i will be tied to my phone ugh 😑
in for 50mil... i'll give it 2 years...
😂😂😂shib is a p&d you just got the d and missed the p lmao give it up bud
rs i was looking at it earlier like shitttt but hey... you only lose when you sell. hold on for the ride ✊🏾 plus it’s fairly cheap so buying now isn’t a bad idea
been there and done it, sold 65k doge at .059, and then goes to .72, 4k vs 44k, hodl and win.
definitely looking either way to get rich & rich over time! clear eyes full hearts cannot lose! 💎hands💎
oh for a fact a upvote!! and yes shiba will for sure hit the moon when shibaswap comes out. just be ready!!!!
just got in shiba...112 dollars for 7 million...will keep loading for moon trip on this little doggie...
i bought on crypto.com. is that a safe place to buy? i'm trying to setup a wallet, so where's the best place to create a wallet and store my shib there?
don't you guys know if you invest in something volatile when it goes up and you can sell it for your original investment hold on to the rest and let it ride do not ever sell everything
wow that’s a lot of fkn awards for such a basic sentiment.
please donate few shibas to me
let's go baby to the moon patience is key!
just bought another 2 mill. trying to get at least 10 mil. shibby
yeah keep going down shiba so i can buy more billions !!!!!!!!! let's goo !!!
i hope a lot of new people read some of the comments in this post, there are good examples for everyone to learn from, we all make mistakes, so listen and learn, it is how we all get past the ups and downs of cryptocurrency
we are as strong as our weakest link, but once these weak links are broken down, only the strong remains. and the strong is below 5% of everyone who will ever buy early.
thank you and you absolutely right! let's hold and live one day we may wake up in the moon :)
i sold 1 million doge before christmas for ,000... would've made over ,000 if i had patience...learned my lesson
i got my 6mil, used money i do not care to loose, im in no rush to get my profit.
shiba has 395 trillion in circulation, while doge has 129 billion by comparison. i’m a total newbie, and i’m not yet invested, but here’s my question: by simple supply and demand isn’t it going to be damn hard to move shiba up to some respectable numbers with that much in supply?
no... it’s literally over . it aint ever even seeing .0000012 again without falling back to .0000008
your words in gods ear.
always positive and optimistic
seriously guys do you think shib coin can go up to 1 cent the hype of it all makes you think it is so possible in near future like the whole robinhood thing facebook etc i think i'm getting way top excited but the hype is so bad that it makes you think you will wake and and see your a millions
hey guys this hype for shiba is so big and it is real and eveyrwhere but i still do not think it will hit 1 cent anytime soon like everyone says with the hype i hope it does but do not know what feel or believe
were can i buy safe moon
most crypto prices are up and rising shiba is down ... help is needed
i'm not necessarily new, but may i also read?
awesome dude. i am going to buy more. still not putting my phone down. i love this shit. i have learned a little about crypto and it will be a benefit.
facts i dont even care i just keep putting money scare money dont make money 1 and if your worry about losing your money dont buy if you gona be checking it everyday or every what ever just sit back and wait till you hear about that shit in the news or something 🤣🤣🤣🤣🤣
i am playing it as playing roulette if it hits it hits if it tanks oh well. i only have 6 million i might get another 6 million and se what happens in 5 years
just bought my first shib
this is the best mod in a community that i have ever seen like wow 👏
anyone else in here keep reef tanks and loving the patience you learned there pay off here??
‘this isn’t a get rich scheme’, well, it is. or that’s what we want it to be. we all want the 900k% returns. i get what you mean but let’s be serious, we’re all here just to get rich without trying!!
for me with new alt coins like this i need to be up on all fronts, and take some side cash like 1-2k and put it in and just wait. my boy put 5k into doge and made like 300k infuckingsanity. i missed out on elron gold i had 50k tokens sold because i was in need of immediate money. last i checked it hit 35$... am i salty yes, will i let it eat my soul absolute not. thats my lesson to hodl. and not keep looking every 5 mins. good things come to those who wait(as well as being proactive. i got into amc at a good time. tomorrow should be a good day
i bought into envion token got screwed says in bankruptcy but didn’t ever receive the tokens i invested in. i know there out there someplace lol
yea i bought 311 million when it was at 30 i’m now down a shit ton but i got faith when shibaswap comes out.
16mil...and its all or nothing ... holding
i am just adding on drops...not worrying about profit 📈 now
be patient and add on drops and think nothing of it
i bought 500 dollars worth which gives me just over 50 million shib. losing this amount would not hurt me what so ever. this is basically me putting 500 dollars down at the poker table, i never put in what i cannot afford to lose. i have already staked my shib on crypto.com and am earning passive income. i plan on holding my shib for at least 2 years. if we can get to just .01 that is 500,000 i would buy my dream home, if we can make it to .10 that is 5,000,000! getting to .10 is completely realistic for this coin. this has the potential to be life changing. just keep holding get your shib staked and reap those inevitable sweet gains that will come. proud to be part of the shib army!
i'm trading shiba, started with 400 million now i'm up to 635 million, increasing shiba with profits.
new to the group. i bought 100,000,000 at around .00000975 and holding. i will buy 100,000,000 more if it drops to .000005, and even more if it drops more.
my vehicle is good for another 350k miles. that's like 10 years. i do not need to realize profits until it is time to buy a 2031 4runner.
i am new to crypto currency. but i am trying to understand why the “shorts” are not being attacked like they are for amc gme and others. shib seems to be highly shorted. why not attack the shorts? maybe i don’t understand. thank you.
yeah yeah... until i lost everything thats a good thought...
practical insight everyone needs to hear
thank you for this post. i was starting to be thiscouraged and to lose hope.
i am accumulating on the dips. ups and downs should not phase anyone if we they take the attitude it is a future savings account. if you can afford to buy then buy. if you cannot buy then hold and forget about it. in reality you are a steward of the money it does not belong to you it all belongs to god. you brought nothing into this world and you will take nothing with you. so return the u-haul. be patient and anxious for nothing. so when you do make a few tendies, remember to do something for someone who has less than you. enjoy each day with friends and family. laugh and smile remember their is power in
we need patience, just tell me when we'll go to the moon
like what my mother said before we bought some together. just invest an amount you're willing to lose completely and just forget about it.
if anyone is going to mine shiba on unminable and you would like to support me, please consider using referral code: o97e-vin8 :)
[read below to grow diamond hands](
this is the way to pay 💸
yeaaaaaaa hodl you damn frantics. lmao hodl
great news, hello everyone i was just notified “webull “ will be listing shiba for trading. it is in testing mode. ty
i'm fairly new to crypto in a couple months but honestly, 90% of my investment came from gains in stock when spce hit its all time high. still small portfolio but i used that for crypto. people talk so much about shiba being bad ect. try being in omt that is a shit show at the moment. i can say coinbase was a good start with the learning and fee money i mainly use crypto.com i have 190 of ada this will be the one to change my life. i buy the the dip was super nervous with my first investment but now i'm comfortable moving my money around. i actually am more into crypto the stock now so to all to the moon take risk with some and smart with others. micro portfolio compare to many and wish i could of known this stuff when i was younger. i'm 28 still young but now i tell everyone about stock crypto and share who i follow to learn and stuff. happy to be part of this community and learn. also i only spend like 21 dollars for 2,900,000shib token. if i were to lose it all i would not be salty but the gains from it would also be life changing. i think shiba could hit 50 cents in 5 year.
i’m just going to hold it. i could only afford 1200 right now but i plan to keep buying a 100 a month until it booms. i’m not selling for pennies.
more people need to see this and actually read it.
shib = spray and pray. credit where credit is due and you guys are making bank
geez you guys write stories. i’m dodge for life. but you guys are making bank right now. don’t forget about the taxman on 30% capital gain. other than that i wish you guys all the best. other than killing doge which won’t happen
you guys need to meme more. very serious and much stress little wow
better to have tried and lost… than never to have tried at all.
i’m on coinbase… in a situation where i was going to do so... what’s the cheapest way to sell shiba without the fees? can it be transferred to another token and cost less?
why would i stress for owning 200million shiba if i only payed 650 is nothing to lose as a investment though i am up in profit
if you are here throw ’ll thank me later! like my comment and i’ll throw in more for each like cheers 🥂🤑🤙🏽
whats getting me pissed off is all the so called analysts saying that shiba is going to fail ! i think they are afraid of this worldwide army that shiba is building think about we come from different parts of the world united for one goal . we are shibaarmy ! we will not give up
this post aged well
time is but a figment of our imagination... those gains tho...they real af
i held my cardano for 3 years. bought for .25 sold at 2.50. i have 20 something million shiba but we are at the infancy of crypto. we'll be laughing one day when shiba is a dime, bitcoin is 200k and eth. is 25k.make regular buys and buy different coins. one day you'll be rich af
patients is a strategy!!!
hi guys, i love to buy shiba but i only have 4 usdt in my binance wallet. if someone can send me a a few usdt i will be extremely grateful! thanks in advance. goodluck shiba fam :)
‘put your phone away’... what language is this?
your coin is falling extremely fast and people are losing big time hahahaha
sell sell sell, and come back .0000016
doge will be better then your shit coin.
this is so true. i had paper hands and regret it. i spent .1 billion shib in early april. when it skyrocketed around april 20th and then tanked, i panicked and sold it all. don’t get me wrong, i made . at the time, i was happy with that reward. now, that would be work ,000 usd today if i would have remained patient. don’t be a dumbass like me, hold your coins, your profit is still coming! glta!
not saying this will take as long but doge took almost 8 years to reach ath. i put some money in shiba and intend to park it there for a year or two and see how it is going. and yes, realise i could lose it all. when people are putting in money in a coin like this, always remember that there are around 1000 completely dead coins.
the hedge funds are set to buy everything that goes to 1 cent then they buy 80-90% of float then they pump to 25. -50 ,,,1.00 dollars.our job is to bring it to them at one cent then they will create volatility to take you out...that’s the algo world of hedge funds they have trillions of dollars...
remember 50% supply is locked away keys thrown in the garage the other are held vitalik...the object is always 1 cent that’s where big hedge funds but in at they know they can drive to 6-10 cents that’s the game here...so hold the line till 4-5 cents
i'm not looking to get rich. i'm looking to have fun and pay off a house.
so that is why eth is under 4k?
basically me but sold way too early. luckily rolled it all into other coins that have gone up insanely but still if i held doge 9 days more than i did i would of paid off my house and still had 200,000 in cash
all of this will be controlled and locked by government in 10years lol they don’t want us to be rich
have a bunch on cryptopia.nz but it went into liquidation. big f not saving my wallet. no way to contact them either other than a ticket which does not do shit.
that literally would be me if binance wouldn’t have kicked me out of my previous account because it converted to us. i mean at the time it was peanuts. maybe 2017? i had left it at a little 50sum dollars of bnb… 😑. 2 “help” tickets later and here i am. locked out. anybody gotta clue how to karen on those mfs
be careful, it is not gambling, make more sport, cold water shower:)
you got lucky getting in with doge. i hope you made a ton of money :) i’m jealous, i only started investing in recently. i missed all the 100x gains. i’m on a 10% up cycle at the moment so at least i’m not down. however, i really wish to catch one of the big ones and ride it out to the top... my goal is to have enough money to find out what is wrong with my neck and nerve and fibromyalgia pain. i can’t work properly at the moment and make money the normal way, so im hoping to catch a coin to the moon. every one in going to throw 1k on as early as i can hear about an up and coming coin. so can anyone recommend any good youtube channels that have managed to give info out fast, eg something like early stage doge?
i don’t get this. stop investing money you cannot afford to lose people. good god this is investing 101. if you cannot afford to lose it all... go invest in something that’s much less volatile. stop trying to make a million bucks with your dollar reality. you cannot keep investing 1k or whatever into every new coin. the odds are stacked... make a good decision. now just hope for the best. rest easy... don’t expect anything... so what if it drops by 50%... one day it might pop to 100k%... you won’t be complaining then
me too! just got my first 7,000,000 lol. i like that number more than my other coins hahaha
got 21.9 million. only meant to buy . but the transactions weren’t going through. i woke this morning and all the old transactions posted. so weird. oh well maybe it was meant to be.
also tool 6 million some hours ago :)
just bought my 7 million
yah i bought me 57 million. holding this bitch to a penny ... it’s got a huge market cap. it can’t hit a buck right?
he also said to me get into a coma for 4 years and wake up as a millionaire 🤔.
if you are rich it is easy to get a lot out of investments 😬 the percentages does not have to be crazy for them
this, it did pump then went down and stalled. i am sure there were some that sold and missed the rocket
people who make milions from shitcoins are those who jump in with few hundred up to thousands . i think those who are jumping in now cant expect more then 300% before it blows up like doge did.
just wondering, how did you store it over such a long timeframe? did you download it onto a hardware wallet?
i am going to slowly accrue 10 million then just wait.
did you keep your doge on an exchange that whole time
i'm a perfect example of what you're describing, but i'm going into this with the expectation of losing 100% of what i've invested. i've got a 've allocated . we're viewing it as an educational opportunity. i get to learn about crypto and they have something off the wall to thiscuss with me. we were having dinner last night and they were asking about the price and trying to understand how crypto works. it's well worth it to me to have them talking about this instead of the latest post on tictok.
and for those new, dyor means "do your own research" as in, do not trust anyone peddling hope. go harvest your own hope.
brand new to both shib and crypto in general; i hear what you say. i've been consuming hours of videos over the last few days. lots to digest indeed. it's possible that doge and shiba have done more for crypto in general than any other coins, save maybe for bitcoin. thanks for the heads up.
it just needs to get to .004 and i'll be happy
more like . once the ecosystem grows (this one is not about liquidity or interoperability) and the users begin to hoard nft it will grow. maybe .1... but maybe . that pokemon wannabe ecosystem picked up. just depending on quality of the blockchains ecosystem.
i use crypto.com, personally, because you’re able to use your debit and credit card to instantly buy it. i’m not patient so i don’t do wire or ach lol. [referral link](
crypto com or binance
i use coinspot but i'm aussie
ppl only want it to hit a dollar the realistic ones
damn...sorry for your loss
yep! i bought ethereum i'm around 1,700, sold it for an . now i'm just having to try to re-buy again lol hodl ftw!
that’s not what i’m saying, the to the moon thing is always a joke but i’m just letting people know it’s risky and it’s stressful to always keep an eye on it! no confirmed money or everyone in the world would do it.
i think a lot of people but £50 worth of shib and expect to see their new lambo being delivered the next day. not gonna happen unless you drop several hundred k into it.
i want it to happen as much as anyone else, but both of those scenarios would be extremely unlikely. just multiply .01 by the total number of coins and you’ll see what i mean. to get to .01, this coin would need to have a . total number of coins: 1 quadrillion x .01 i want it to moon too, but if you do the math it’s more unlikely than likely. as op said in different words, this is like gambling in vegas.
then we are gonna be very rich lol
you can donate me ten bucks.
there’s real money and real technology behind this. shibaswap is expected soon. there are nfc plans. it’s 22 pages but worth it [woofpaper ]( you’ll be able to see what their roadmap is looking like.
hey! i’m also new and (i think) just figured out how to stake it in the app. you need at least 8,000,000 (so you’re good) - click on the main icon button in the bottom tool bar in the mobile app, then pick earn, under the finance section. and then you’ll have the option to add in your shiba for a flexible term (0.5% apr), 1 month term (1% apr) or 3 month term (2% apr). i put 8 mil in for 1 month and 8 mil in for 3 months, and love that i’ll be earning extra shib, and be forced to hold for longer.
did that for half of my investment lol. only lost
similar age to me then. i've chosen crypto for retirement funds too! 😉
took doge 8 years.
honestly yeah... what’s the whole point of shitcoins other than that?
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i'm micro investing in a few coins, as in . i'm hoping by september this year i will be happy with the amounts invested in my portfolio and start putting that money elsewhere. then i can put the phone down and ignore the wallet for a year. will be great to open it in a year and see if i busted or made a return.
it's impossible to reach . ' don't you understand what a quadrillion is?
just forget about it, this is the best way, then a year from now, two or even more, check it. if it goes up then boom you’re a millionaire, if it hasn’t went up, then at least you haven’t spent those years stressing about it🤷‍♂️
hodl and you shall receive 💎🙌
i use crypto.com, have only research a bit but they seem sfae to me, unless someone says otherwise. nice app, user friendly.
dogelon and bone ...coming soon to a cinema near you hehe
same. i originally only bought 1.5m as a gamble (when cryptocom listed it), i've since moved some more profits to it, but nothing i'm not prepared to lose if it all goes tits up
i am in ny too so any guidance would be great
i’m in ny and used trustwallet
**the way, this is.** *-responsible_panda893* *** ^(commands: 'opt out', 'delete')
it's not you, the gas fees are extremely high. i've seen them as high as . if you use [crypto.com]( there are no fees for (i believe) 30 days. there are several people with referral links on this sub, you can find them floating around. i wrote a beginner's guide to shib, you can see it here: [ my referral code and link for [crypto.com]( is listed on there. if you use it, you and i will both get . hope that helps.
crypto.com. sign up through a[referral]( we both get . no fees the first 30 days and you can use cc. kyc is quick
should’ve used crypto_com, just convert to fiat and either spend it with the card or transfer it to revolut… i just heard coinbase charges per any crypto buy transaction with the card, well no problems here
**hrmmm the way, this is.** *-yusuke_da_spiritgun* *** ^(commands: 'opt out', 'delete')
is that gbp or usd?
crypto.com is free of fees for first 30 days after that you are charged 2.9% per purchase price.
keep on begging. disgust.
that’s about all you can do and usually takes a day to hear back i just heard back from my issue yesterday they were having with cards. at least you got it at yesterday’s price and have made a profit off that invest instead of loosing it. the question is can you afford the 800 out of your bank account becuase that’s where it came from they didn’t give you extra lol those 4 transactions cleared up sometime last night the same as mine i had bought 7 mill yesterday too haha
**hrmmm the way, this is.** *-longjumpingbid9706* *** ^(commands: 'opt out', 'delete')
wait. so thou art declaring i wonneth't beest rich in a week!? fie. this is outrageous. i'm furious. i'm out *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
welcome! this post did the same for me. i used to check every 30 minutes or so. just took the dog for a walk and thought you know what, it is going to do what it is going to do. focus on the time with the dog and check tomorrow.
crypto.com i don’t believe it’s avail on binance(us) yet
hi shorting, i'm dad! :)
pumping it up through all social media outlets. but i wholeheartedly agree with you. just a big pump and dump hustle. definitely throw away money.
yes yes and yes. he didn’t dump, he donated it. not only donated it? the biggest donation ever made
very much appreciate yond. i am in. lets hodl and enjoy *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
**read, thank you that’s a must.** *-top-patience-2398* *** ^(commands: 'opt out', 'delete')
i was one of the first ones to tell people this in this community
(leash) may 11, 2021 ,331.57 1:38 am. now ,884.98 precisely at the written of this point. noob?...relax. you don’t understand thee algorithm. don’t put your money, i’m not a financial advisor.
any update hope you it’s good cheers 🥂
how’s that 50% in the day feel? for the last two days :)
this is what happened to me with doge so i feel you. i had my stack back when it was 5 cents. i watched it climb to 44, cents, bought more, then went to bed and woke up to 24 cents. i sold at 27 cents, then cried watching it go all the way to 72 cents. 🥲 had i just waited and not panic sold for a smaller profit, i would have made a couple grand. lesson learned the hard way as well. people say experience comes with a price... crypto has some highly priced experience for sure 😉
you make choices. respect your early self for doing so. if i take one look at old txs from years ago, i see their current worth. if i would want to reconsider every other choice, they could bring me to the nearest insane asylum within days.
you were not a dumbass, at that time, there was a big chance of this alt zeroing... now you know the hype, you can still buy in again with some of the profit and let it ride... this time don’t look at your account, just set an alert to let you know when it hits 1 cent :)
i had 300k doge at .0026. sold it to make . im an idiot
wow i'm new to shiba and i did not know you could buy 10 bil with only 800 .
😮😮😮😮, i did the same with doge. i had 43k doge at 4cents... but i needed the money for rent... i was struggling. so i sold at 12cent. than it blew up to 70 cents. i lived and i learned, with shiba! i got a 2nd chance. im holding for 3-5 years. will not repeat my mistake again. i'll look for money somewhere else if i need it. never again to sell my cryptos.
the same happened to me with doge coin. by july last year i had almost 900k doge coin at .003. i got desperate after months of not having any profit. then i decided to sale it loosing over . just two months ago i missed making about . this time i would not commit the same mistake. i will hold my shibs.
i done this with doge 8018 coins when it was 0.06 and it sat there for a few months got impatient sold it all than the next week it went up and up missed out on a 6k profit haha learnt my lesson
how do you even buy shib right now? i cannot find it anywhere...🤷🏻‍♂️
how? i was actually curious about the kishu inu cuz i figure it could be next
that said, you still made a good move. sometimes a safe play is the move. now you can keep . sure, not as great, but still a good safe play that has big potential.
did the same with doge. not making the same mistake again. i’m not new to crypto. shib will flourish given time
theres always scalping some of your profit as opposed to selling all... ha i can hear you say stfu from here!
i feel so much better about my fuck up and losses. much thanks
rub it in. geez. nice shot paper hands 😂
r you still holding
this comment did not age well. i think that is worth about a million dollars now. hold hold hold.
what would it be worth now? sheesh
this post should be epic
yup, i put a good amount in unikoin gold which was backed by mark cuban and it completely died. more coins die than make it. we could all be rich but could also lose it all, good to keep in mind.
so people were not just looking at this to ride the hype of doge meme coin right now? we should look at this as a longer term investment? i did read the white paper thought it could have a good future.
we can revive a and pump a coin with the people i will dedicate 50k to the mission anyone who wants to start pumping just message me and we can do it all together
i put money into safemoon that has the most hype on twitter i’ve ever seen and it has not mooned. i thinks it’s rocket are having technical issues
same approach, chucked in enough to get me 25 mill shib, then hoping it reaches even a penny in the next 2-4 years... i’ll be happy, i might chuck more in to get to 100 mill but for now just testing this coin.
that's my plan as well .
yes i get you, but none of those 1000 dead coins have had this much attention. attention is what will help shib get to 1 cent. however, it will be a rough ride for anyone watching it go up and up. there will be many who will lose their balls throughout the ride and cash out. however, if we all hold for that 1 cent, basically put your phone away and stop looking at it for at least a couple of months, you will probabaly be richer than you could have imagined. i’m not being funny but doge was the only one that had a similar following and attention, just put your . set an alert for 1 cent and only look at the wallet when that hits. that’s a cool 1million ... not many chances like this in life so worth the investment in this chance. hell, far greater chance of success than buying ,
let’s be honest here, doge wouldn’t have been so big of elon didn’t open his big fat rich mouth. this coins value if based purely on hype and novelty
through what exchange and wallet did you buy it?
vitaly has the 💰 devs creating ecosystem ... utilizing eos to build dapps= 💯💯💯💯💯🚀 next we need people to setup super nodes for eth 2.0 so the leash and bones can be "dug" and "buried" spreading the ecosystem out even more. legit 32 eth tokens an old pc with a 100gb hard drive = 🚀🚀🚀🚀🚀💰💰💰💰💰💰 once eth 2.0 launches as your a fund for the network to operate , no relying on usdt...
hedge funds buy shiba?
i'm looking to get rich. i want to become rich so i can live my life as i see fit and financially help people i care about.
same here... a 50million usd house ;)
i just want to travel
paying off a house is overrated. borrowing the banks money is as cheap as chips. invest your gains in other assets or even blow it on experiences. paying off a mortgage is pointless in near zero borrowing rates.
cause i would buy 69696969 shib's and i would buy 69696969 more \*music\* lolololololol
i just want to pay for trade school and down payment to get into a house lol
don't let that get you down. i bailed on ethereum about a year and a half too early. had 375eth which would be brilliant right now hahaha. just enjoy, be careful but enjoy.
that's me lol, my husband told me to put . it keeps coming at me with a calculator about how we could have a new side-by-side etc now lol
my thoughts are different on this. the government just spent trillions for the stimulus checks and bail outs throughout the pandemic. i have seen regular people, young to old, make more money than they know what to do with. a lot of that money isn’t going to be reinvested, it’s gonna get out right back into the economy. not to mention all the people who will owe capital gains taxes. the government wins ultimately here. lol. but that’s just a perspective i been looking through. who really know.
meanwhile they have senators and lawmakers who are insider trading.
not even 10 years...sigh
a lot of it will be controlled but idk, i have faith in the future in terms of encryption, crypto started largely as a black market thing and there will always be new ways to stay underground and pump money
no it will not
many people will sell before it moons. imagine the people who had millions of doge when it first came out vs now...i don’t think it will get locked since less people hodl
it’s weird isn’t it, they say it is worthless and worth nothing but want to tax it? to tax it is to legalise it. it will come to light they are all dipping their sausages in the crypto sauce and their pet dogs are loving it 😆
but it is gambling thoe lol
it’s gambling… if the casinos actually let you count cards! i’m so happy i always paid attention in may math classes lol
if you’re calling any of this “investing”, you should just get out now while you still have some money left. go bury the cash in the yard and go back and get it in 5 years when none of these coins exist anymore and thank me when you do.
look into matic on coinbase. i put in . i’m at 394!
i never said i couldn’t afford to lose it. everything gives me anxiety so of course this will too. but i also enjoy it. 🤷🏻‍♀️
lmfao!!! the same exact shit happened to me this morn! haha. i woke up to 2 emails telling me the transactions had processed. i was like wtf? went to my cryptocom wallet, sure is shit it had the 2 i tried yesterday that i thought failed but still made it through. i only meant to get 10mil and this morn ended up with almost 20mil. lmao! oh well, guess i have more. the funny thing is i remember doing that like 5 or 6 more times so who knows what i am about to wake up to tomorrow morn. 😂
same thing happened to me! i bought 300000 coins and it did not go through and tried again and it worked. woke up this morning and that failed transaction went through. oh well more coins are best!
same happened to me...
i haven’t seen green since this comment 😂💎🙌💎
dunno. seems like a nice year for some reason
turn my ? i'm fine with that. ;)
i thisagree 300% is all this can grow. far far feom it, i do agree the biggest gains are the fiest few days, but you still are getting 100x and even 1000x again in two or three cycles when you hold a coin that manages to get passed the initial hurdle of getting known, and this is happening all over the place, 2-3 cycles of big wins especially for the low value coins. yes, many coins have died a quick death, but that’s because they failed to get an initial big x cycle, and shiba has managed to do it, and is now in a new stage and certainly not the end stage. many stages to go with this coin and considering instutional money flowing in at a rate we can’t comprehend into the general crypto market it will keep helping everything overall, this is happening boys and girls, this is only start of the super cycle, the story we will be telling our grandchildren about how we became financially free (please g-d we live that long). the big question is how can we get in earlier and hear about any new alt coin coming into the market right at the very start? i didn’t even hear when shiba came into binance until i saw it on this group. i was hoping binance may email customers with a daily newsletter or something but no, i didn’t get anything... so any other ways to get in really early?
doge did not blow, it dipped like most other coins did and it is vulnerable to musk's comments. it's early days and it will recover, as it has already some of it. you should have learned by now not to thismiss coins do easily because of some periodical dip.
true! but careful it doesn’t make them obsessed with checking it or into gambling at a young age 🤔
between this thread and the doge thread, this is the most sensible thing i've read on reddit ever. well done parent!
i put . now i have a ,000 portfolio. hoping for ,000 in 3 more years. 10x gain in 3 years is really not bad. your girls could certainly have fun with this.
you goddamn monkey lmao. ?? do you know how pricing works like at all? it needs to 100,000x to hit . with its 12b market cap right now, if it is .2 quadrillion market cap lmao. the whole crypto ecosystem is now worth 2.5trillion for comparison. stop trying to fool yourself.
what blockchain's ecosystem are you referring to, exactly? ps: at , the shib market cap is more than all of the wealth in the world.
pls,can i buy with naira on crypto.com?if yes,pls tell me how.thanks
i use swiftx, it is also an aussie exchange, i recommend looking into it
at 1 dollar shib would be valued at just shy of the entire worlds wealth. that isn’t realistic
but if everyone in the world did it then we would make money. 😃
exactly!! so you saying it will go up +1000% in like a week? or 2 weeks? i’m not sure if i can wait a whole tré
which crypto have you been into before out of interest
lambos are uncomfortable. i'm voting gt500. it's even got a back seat for when your shiba gets tired from hanging out the passenger side window.
i put a similar comment in another thread. today shiba is already at . even if it reaches eth levels at (hugely unlikely) that means .001. to reach doge cap at , it will be .00015 edit: fixed the number to 0.00015 instead of 0.000015
even if they burn half the coins?
not me! i'll have enough to pay off my house, though. and trade in my current car for an upgraded one. maybe even get the wife something nice like a diet soda (jk, we're about to set funds aside for a jeep wrangler rubicon for her "you put up with dasyus for 20 years" anniversary gift in 2026).
i currently only use my mobile phone to trade. could i download cyprto.com and buy there? i've also heard of people using a metamask wallet. i need to research more on here before asking all these questions i'm sure they are already answered somewhere...
yes but crypto is just starting to get the real hype out deserves in 2021
well, the memes of course.
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making small investments like this is why i do not have that crazy fear that people do when something like doge drops $.20 because of a troll whale trying to screw with everyone (for the third time since january, how have we not learned yet??).
out of curiosity, where do you personally look for new things to invest in? how do you decide which ones might be worth investing ? im assuming that you are investing in coins which are still new and barely cost anything
people do not bother understanding. if shiba hit , we're talking about nearly all of the money in the entire world both in circulation and in investments. the total estimated world wealth is somewhere between .2 quadrillion. if someone wants to make millions off of something like shiba or safemoon, or any other of these "instant print and then we burned half!" coins, then their best bet is to continue to buy in low... or maybe scalping during volatile times.
half of them got burned to vitalik tho
hey guys i used trustwallet to buy in nyc, you have to send ether to the wallet and then exchange
so i didn’t that yesterday…transferred (got ) then when trying to buy shiba they wanted . i feel like an a-hole or i’m simply doing something wrong.
?! that seems like nothing…. i’ve seen them as high as !!!!
i signed up last night how long is the verification process?
i appreciate the response. will i have a method to store my purchase in my coinbase wallet?
ok cool and i'm not overdrawn or anything... was thinking of converting the extra 21,000,000 to usdc and putting it back in my bank account that way. or canceling the transactions from the bank side. so your saying that crypto.com resolved the issue? i purchased all of mine work a debit card as well. thanks for your feedback!
it’s not available in ny
hi dad! i've waiting so long for this day! why did you leave?
haha just wait bud.
i did the same with doge. i ended up with 27000 doge coins and it never went up. it then took a dive and i waited around 4 weeks for it to bounce but it did not. i sold all my doge at a loss when it bounced to 5 pence. 3 weeks later, the sob was at 43 pence. oh boy. never again.
i know a guy that bought doge coin when it was a quarter of a penny he spent
would you have sold at 72 cents, or would you be talking about that lesson you learned, instead?
i just bought in on crypto.com
which country you from,shib listed on most of crypto exchange search you local crypto exchange that they support it or not but do some research before buying from an exchange because some of them charge very high fees or some of them cheap...
i remind myself even if i lose everything i put in, i can earn it back through a month or two's work but moon gains? that takes a lifetime i'm here for moon gains 🚀🚀
think of shiba like pancake swap before it went big. shibaswap could easily rival cake or even uni. now think of what it would feel like to be holding 10m shib if they were trading at cake and uni prices? always have a long game. keep a short game as back up.
nobody is “in it together” in investing. it’s an individual activity, you can pep rally all you want but when it comes down to it, no one gives a fuck about anyone else’s gains or losses, only their own. don’t be manipulated
i bought 60k us shib 3 weeks ago. not getting off the roller coaster. gonna retire when it moons
your an example of the person who should put the phone away and come back in a few weeks, no offence meant, i’ve felt the same way as you until i learned to switch off and stop checking everyday. safemoon will rocket sir, just you wait. i almost sold my shib last week, until i stopped obsessing and spent time outdoors, checked back and i am up 12’000 euro from 1k so you know. lesson learned, thankfully not the hard way.
safemoon has not mooned because no big exchange has listed it. i think shib has a better chance because it is on binance and kucoin. it'll have a really good chance of rh and coinbase list it.
its traded sideways the past few days. that is a good thing since its stability and could be considered a new price floor...
jesus man btc took 11 years to get to those marks and you are moaning about a crypto that is just 2 months old, sit down and relax
that’s because it’s a safe moon and being safe takes more time lol
it’s because of the massive tax on each transaction. can’t see binance, huobi or crypto.com touching any of those tax
if we reach a penny, i will cum
yea i have 103 million hoping for great things in time
cuban accepting it as payment had a real impact. elon was just tweeting about it. cuban called out the whale & then said he would not only accept it as payment, but was going to hold it, because he does not need the money.
finally someone who gets this big one
if you've got over ,000 of eth, i have a feeling you would not be using an old pc. 😉 but i like where your heads at!
the hedge fund algo buy everything at 1 cent our job is to bring it there
and i honestly hope you and everyone else who tries to does so. i do not have a ton of needs and i have a long term stable income that will never go away (okay, if the apocalypse happens, it will). i'll be happy with enough to pay off my stuff that is not paid off and a bit more. this would free up my free and regular income so i can do even more with what i make.
christ. why. and good luck!
unless you're retired or thisabled. no way i could afford a mortgage on my thisability income, so that is quite a wonderful goal :-) if i happen to lose stuff, it is never the roof over my head. i have three properties paid off, 2 are generating rental income. that's the way to do it for some people :-)
meh. i have a lifetime income. paying off the house, even at the low rates, will free up more to play with.
true but dragging the mortgage for 30 years is more than double the purchase price so its better to pay it off and use those gains on other things. then repeat
it’s better than what most ever have . they can retire and not worry about a roof. come on man
if my house we paid off, i could stop working in 6 years at 41. people are judgmental as fuck because they want to get rich off memecoin
it's not pointless, it is a huge mental boost and for simpler people who arent big in investing for passive income freeing up 30% or more of your monthly income for a home you own ( wont ever be homeless) is nothing to shrug off.
you would think, but i still believe that the elites do not want us little sheeple ants having any sort of power, the kind that comes with wealth.
the capital gains is why you do not withdraw it. you transfer it to a stable coin like usdt then take advantage of one of the 10 to 20% interest rate pools. then you draw out some residual every month to live on. because in america, the tax event happens when you withdraw it not if you leave it sit and gain interest
agree ... the notion that governments hate crypto isn’t true. as long as taxes are paid they don’t mind it. it’s the fraud, money laundering and dirty money they had issue with. as the industry becomes more regulated it becomes more government friendly
all investments are gambles.
it’s not gambling is you do your dd ☺️
i wish i saw your message 2 weeks ago. i did something so bad i am having trouble forgiving myself. well you were right, but i got such bad luck in only 2 weeks. i wish it wasn’t this way but this wycoff crash this week got me real bad. i only invested everything, literally all in, just a day or two before the big crashes. not just shib, shib i was lucky as i never made my big transfer to it. i only put 1k in shib, but unfortunately i also put my life savings into bnb and btc (multiple hundreds of ks) on the day i posted the above message around two weeks ago. i watched my life savings go down and crash faster than a meteorite entering our atmosphere :( i have now just about got just over half my money left. unfortunately hundreds of thousands gone :( if i give up now, and leave i will be poor the rest of my life and never be able to forgive myself. i have studied crypto and the markets for 2 weeks solid now night and do and i feel i have an understanding now. so, i haven’t given up on crypto yet. yes, i gave up on shib and my dreams of the 100x big money for the time being, (luckily i didn’t put big in shib as i would have lost far far more in this crash) but i left a little in now and will keep it there come what may (just in case). i’m now sitting with the rest of my life savings (upsetting how little it is now) but i put it in btc, eth, ada etc. while volatile to the extreme, i cannot see another way out. i have felt absolutely awful these last couple of weeks, most people can’t imagine how much money just went poof and thisappear before my eyes. we are talking hundreds of k :( we are talking a decade of working, of giving up on luxuries and of saving and investing on small safe bets growing this chunk of savings. is it gone or is it just temporarily been given away to others? i don’t know. :( all i do know right now that i have no option but to leave it in now, still risk the rest (but this time with stop losses and technical analysis) and i must continue the game. lots of sleepless nights and hard days to come. i simply can’t sell now and get out now, i just lost far too much to give up. i mean life changing amounts to most people including myself. i feel that as long as i keep invested in the large caps and hodl now and think nice thoughts like when i make it back i will give 10% to charity, then eventually i will get it back. just not as quick as i lost it. just based on the odds feom statistics of the past. i have read many reddit’s now of people in 2018 with similar stories to mine. the ones that kept brave and hodl’d through made it back. the ones that sold and left did not wish to risk the rest the rest probabaly regret this too. i don’t want to be one of those guys. the more i looked, the more i understand that bitcoin is here to stay. yes, some alts will go, but the bigs ones will not go for a very very long time. apparently no one has lost money on bit coin if they held it at least 4 years, even if they invested the money the day before any bitcoin crash in history - just like i have done 2 weeks ago. if i don’t get it back in a month then perhaps in 4 months when the bull run has been calculated to finish (fingers crossed it’s still a bull run) and if not, then at least i will get it back in 2-3 years time. that’s far more likely than i lose the rest based on the history of crypo. what can i do now? i can’t trade my leftovers daily as it’s too stressful. all i can do is to wait, do the odd trade when my head can work it out, and be brave and wait and wait. the only way i think i can get through this time is not to think of the amounts lost, but brainwash my mind that money is not anything, i have enough to eat and dress and have a roof over my head, and think of happy thoughts such as i simply made a very large and long term investment that i can’t touch for 4 years and i look forward to seeing my post again on reddit in the future, where i will be able to tell the story again of how i got my money finally back - just like many other sob stories i have seen from similar people in various crashes in history, and congratulating myself on being brave enough to have hoddled long term and not taken the leftover money out, and given up. i cannot and will not accept defeat. thank the lord i don’t need to retire in next 4 years so don’t need the cash for a while. while i do feel bad, anxious every minute i remember what i have done to my savings many times daily and nightly, yes, i feel sick to my stomach many times an hour when my brain wonders back to this, and i am very critical of myself those minutes for what i call my life’s big mistake, i still dont want you to feel sorry for me. i guess all i want is just to pray that we get a very good bounce back and more importantly as soon as possible, so i don’t have to suffer daily like this for an extended period of time. i just want to get out with minimal losses as soon as possible. i have learned my lesson now of timing and of stop losses. i can’t leave yet as i still believe in crypto long term, but it’s just going to be much more longer term and more painful then for most and then i would like it to be. for all who may ask, i did have stop losses initially, but these youtube videos saying buy the dip got to me and i ended up back in again and again rolling down and down to the end of this crash. i hope this crash is really indeed over and i can recover from this, both financially and mentally. all the best. kingdozzy.
good and sorry if i sound harsh. just need to get in the mindset of fia and make decisions not bad on emotion :)
bruh i was high out of my mind and trying to sherlock holmes the situation. i finally started to understand lol that it was earlier transactions.
where did you buy?
i have never invested in something and expected immediate results. unless it was a earnings date. don't expect overnight returns. don't expect to sell for double. you bought this to sell at 1000% or more returns in years to come. don't sell yourself short like the guy who bought bitcoin at a dollar and sold at 100. hodl until you can sell and forget about your old life and start a new one.
100x,1000x?? no way. when first dips start to happen people will abandon it, just like they abandoned bitcoin for doge, and doge for shiba. ppl are literally bragging here about selling doge in the dip and buying shiba... they name coins dogekiller. just wait for shibackiller. when it comes to growth, or cycles, or whales or anything, you cant even compare shiba (or any other new shitcoin) to doge and old alts. because people used to buy crap and they sold it for 2-3-4 times profit... because of this there was no so many milionaires out of those coins. you can see this posts everywhere, how much btc they sold cheap or doge etc. well, with this new shitcoins, nobody is doing that mistake, because whales are waiting until price is high enough so that they can become milionaires. and if you understand that, then you will realize why those goals you think we are going to reach are impossible. this is why price is not moving even tho there are so many new buyers flowing in, from binance for example. because whales are slowly selling. i do hope im wrong tho, since i ended buying some shibas yesterday. id definitely like to get some returns
doge didnt dip because of his comments. it dipped before "i hope its not doge gift" comment from his mother and before he called its a "hussle". he actually said bunch of nice things about it. fuck it, if it was up to his comments doge would be at . it went down because some whale sold, then people started to panick and selling out, stop limits went it. and then people keept selling scared they will lose everything and instead of hoping to go from .5 to "only" 100% return, they sold it and bought coins like shiba in a hope to get 10k% return. and what is happening with shiba now? even tho its advertised everywere , and even available to buy on binance-biggest crypto exchange website, its still falling down because old holders are selling for huge gains, becoming milionaires and they are affraid to hold because they could lose it all. i am still holding my doge, i staked it on binance but i do plan on selling some of it when it reaches .66 again just so that i can live stress free. im still very optimistic about doge, to even go more then . however when it comes to shiba and other shitcoins if you are joining late all you are doing is a favor to people who bought it before you and they will dunk on u
i agree with that completely. in fact, i've been mentioning that very point. it's weird, if it tanks, then that lesson will be ingrained that losses are very possible. but if the opposite happens...lol...would not that be a fun lesson to deal with.
ah, that is high praise...i sincerely appreciate it. my daughters are 20 and 15 so they are at a good, teachable age. i want my 20 year old to understand this a bit more as she is set to graduate as an engineer in a couple of years.
absolutely delusional lol, people in crypto can be so damn annoying. like this is not gonna happen lol. don't mean to be rude but what is this coin about? there are so many memecoins right now i cannot pay attention to what they do. does it even do anything or is it straight memes? most of them are straight memes, like safemoon is useless as shit but that did not stop me from buying in twice i just try to be real with myself.
ok, let’s looks at 1 cent. is that a doable market cap? help me out as my maths is not great this time of night :)
just bought the dip! 7 mio!!! registered yesterday with crypto.com - got - easiest way now, jump who not decide yet, for next 3-5 years it is best crypto:) new referral code for : k899q2xky5 referral link:
ayy nigeria! i love lagos. just wanted to share. not sure what currency you can use on there, but good luck!
i recently have. i may consider them in the future depending on the difference in fees. for now i'm just using coinspot to purchase.
same mate, any problems ive had in transfering coins across from other exchanges or into my trust wallet their customer service dept has tracked it down, and the main reason i use them the most
so what are you expecting it to worth? as everything is unrealistic to you
lets network it bad then
i'd be happy if shib could afford me a gently used camry in a couple years.
i'm fat so prob would not fit in one
i think it will land between eth and doge… i don’t think it will hit .001 but i do think it will hit .0001… it will beat out doge … what do you think?
it’s past that number already
man, now is .000032😕
my understanding is technically they didn’t burn them, they sent them to vitalik buterin’s wallet where he can do what he likes. but...let’s say they did burn half. 500 trillion coins x .01 is still . that’s more money than the entire crypto market right now. i’m not saying it won’t continue to go up, and maybe it will go up to $.01, but it definitely won’t be until there is more than .
that changes it significantly but is there a wallet with half sitting? i am not sure of that with this coin - might be true just legitimately dont know
dammn, you took it that far lol
a happy anniversary! i hope it comes true for both of you!
crypto.com has an app you can trade on. for the first 30 days you get no fees. metamask allows you to travel the web3 and offered a wallet. crypto.com.io are selling it. those are dexs where you buy. a wallet like metamask is to hold. shapeshift is the metamask dex iirc. they give you fox to trade there for each trade. if you don’t have a crypto.com acct here’s my [refferal](
in my opinion, your best bet is to download [crypto.com]( app and buy there using a debit card. no fees for the first 30 days which is awesome. you can transfer in but you will pay gas fees which suck atm. use my referral link if you do sign up: use my referral link [ you would not get 's coin.
i'm the same. these small investments have kept me level headed and are something i'm prepared to lose. it's only a few beers or meal out a week sacrificed. infact i do not mind seeing the dips when everyone freaks out. means my .
you need to understand why people are buying this coin. once shibaswap is released most holders will stake their coins which means that a lot of coins will be locked away for a certain period of time. all of these whales you see on the sub with like 500 million or 1 billion coins are gonna stake them.
can you even confirm the wallet address? it costs you five min to generate thousands wallet address!
ugh yeah the gas fees are so annoying. i don’t know any other way.
wow. luckily i have yet to experience that.
i don’t remember mine but i’m livechat people were getting it in 15mins to a couple of hours. they did experience a huge influx too so it might take longer. i’m still waiting on 2 purchases of shib.
took less than 20 minutes for me
to be honest i'm not sure. i use crypto.com wallet. i know you can transfer coins to others but not sure about to coinbase.
yea i had that happen to me yesterday for 200 as well i placed the order then the app kept like loading and the. said timed out and popped up saying something like transaction timed out that i lost the price agreement. so i checked chase and it had said pending but i knew sometimes like when the gas pump messes up and it doesn’t go through it will still charge you and say pending then usually after couple hours it’s back and cleared up becuase it came out of your account but didn’t leave the bank. so i had called to see if that was the issue or if it was their end and she had told me that yea it completed on their end and was sent so i emailed them and told them what they had said and that i was kinda upset i lost my price point and didn’t have the money cuz they had it but failed on their end so i was gonna be mad if i didn’t get the almost 24 hours of profiting. i think i messaged about 3pm and then they got back to me about 11am today. also canceling from bank would be a charge back and most places will close your account when you do a chargeback so i would save that as only a last resort ( it also gives them a bad mark against their processing agency and enough of them they would loose their ability to process debit). if you contacted them today if you don’t hear back by end of day tomorrow then do what you gotta do haha but it says on there it can take up to a day to hear back but sounds like you had same issue tons of people had yesterday as well good
really? you really have to ask me that? have you *not* met your mum?
literally your whole post history is toxic lmao. what a kind community member you are 🤣
the irs hates him for this one simple trick
that one had some oof to it 😂
that's what i ended up doing.
i ended up finding it. thank you.
yeah i'm still new to both but not to losing money. i threw some cash at it. if it tanks, damn. but i'm not looking at that cash as a short term investment.
spoken like a true gambling addict
i don’t thisagree i should put my phone down so i don’t go crazy. lol. i’m still holding on to safemoon,shiba and kishu... even hoge. i will never sell. what do i have to lose
* a few years
but that is was before binance, you have so much, because entering the stock exchange raised the price.now the rate is falling a lot, a big correction. no increases
it’s on crypto.com too
yeah for sure once it is on rh that is when the show will really begin.
it’s also on gate.io
binance.us? why cant i find it on there?
it's yet to launch shibaswap, last i read it was on its final audit.
i would more likely find a million dollars on the street than find coinbase listing this coin. they have stringent requirements but i would love for them to list it - it would be huge.
yet they have grown so much as in stability. all the holders that can hold past 30 days in safemoon all have profits. that’s what you want steady growth
its also on [crypto.com](
hi where do i buy safemoon? can i buy it on binance?
safe moon will be dropping their own wallet . that’s when it will start mooning. patience youngster
exactly. the tax is a scam. deflationary tokens will never take off with that tax.
is shib a high transaction coin?
wait wdym? sorry if i sound stupid but r you saying crypto.com taxes are massive?
sir, i think my ass would fall out to be honest!!
i we reach a penny i will suck my own dick, or die trying.
ok then, looks like i will have to call my mate elon and ask him to tweet something about shiba now lol :) i guarantee you, these billionaires do exactly what we do, try to make more money, but the only difference is they buy and hodl much larger amounts than us mere mortals do. i guess, if we continue the hype, he or one of his friends will also pick this one up... the biggest difference between us and him is that once he picks something up, all he needs to do is say so, and it rockets... so let’s get our millions in now and hodl and see if any of the big boys get some as they will surely come out and give shiba a mention just to increase their values...
yaaas , i followed you as well. great minds think alike.
haha right !! we need to not let the hedge fund corporations take over...again... maybe i should watch what i post , do not want one coming for me 🤔
but the ahiba does not go up to 1 cent, maybe 0.007.
that's what a lot of people said before covid. i never envisioned not being able to get a job as a bartender. when your fall back gets taken away, it significantly impacted how i view the future and i'm sure i'm not alone.
yeah, i started late on buying property. my wife has always been afraid of buying while we were on a career path that had us changing locations every 3 or so years. i am neither retired nor thisabled. getting close to one and staving off the other!
if i can borrow at under 3% i would happily go a trillion in debt on a mortgages. i can’t believe they teach us trigonometry at school but don’t teach leverage, interest, inflation etc. so many people dream of paying off a mortgage. it’s actually the friendliest debt you can have.
incorrect but it’s what 99% of us believe.
owning your home and any other property is great. paying the mortgage down to zero isn’t the best use of funds
a mortgage payment isn’t the only reason someone works. your suggesting that if it’s paid off there isn’t a need to work.
the millions that ppl are chasing aren’t real wealth anymore. it puts people at solidly middle class. at least in america.
oh 100% agreed. but i have seen people who are withdrawing massive amounts to pay credit card debts, pay off mortgages, buy cars and i’m just like 😳😳😳 there’s more of them than us, my man. lol
how do trust tether or usdc. can it ever just evaporate into .1% of the original 1 to 1? i just don’t get how it holds the ratio. i need to look into this because you said what makes sense.
this one fucking hit me hard 🤣
oh i’m in this for the long term. once i figured out that i bought the ath i immediately purchased more at the dip. if this was to by the grace of god hit .01 🙌 i’m totally buying a motherfing lambo! too the moon!
yes i also agree that you should teach kids some form of investment instead of just what they teach in school. parents have a lot of knowledge not taught in school so it’s great you are doing that !
all of these start off as memes&dumps and some become viral enough to convince people of a future real use came. a smaller portion of the coin become truly viral that by sheer popularity, it starts to have somewhat of a real use case (doge). whether it can sustain it is still in question. i buy into all of this knowing 100% i can be rugpulled any day. it's just a lottery ticket imo
in this case, 0.01 would be the moon. if people want to say shib to the moon, the moon is 0.01. and man that would be amazing. .
no. a penny would out the market cap at over . that's not counting the billions of coins that are farmed daily.
don't for get to mention they need to sign up for min a ruby card and put in
signed up with your referral. waiting for verification
crypto.com has no fees and once you set up payid, the transfer is quick. i migrated from coinspot
😂😂😂 no. it being more or as valuable as the entire planet’s economy is unrealistic. i can see it hitting in the .001’s math matters. this is all based on math. all the fucking hype and memes in the world cannot beat math.
hi fat so prob would not fit in one, i'm dad! :)
the people i work with call being fat hitting retirement goals.
tl;dr - it's gonna take a long ass time
this is why i always feel safer with minable cryptos or ones that get burned on use. demand goes up while supply stays (potentially) low. would be great if we could burn off a bunch of the other coin we are likely all fond of.
it's in the creator of eth's wallet.
sometimes i wonder why she is still married to me, then i remember the life insurance policy. :d
yup. spent 40 bucks and got 1.4mil shib. it could tank tomorrow and i wouldn't care.
i understand. you need to understand that a huge majority of the population coming into this coin are here because of the hype and not because of the knowledge. a lot of people are coming in here thinking this coin is going to hit , or close to it. unless you can burn a huge portion of the coins ( way more than that half given over to v), it will never likely happen. now... making millions off of staking? that's a different story. that can happen.
so you guys pay those fees? also if the fees are that high when buying if this goes to the moon what would you pay when taking out of the wallet? honest question.
wtheck. okay chicken nugget.
there is a lesson to be learned here. new investors need to see this example. this a learning experience, not toxic in the least.
69? nice. i am a bot lol.
where did you buy safemoon?
how did you buy kishu?
can't find an easy place to. buy kishu for beginners lol. seems like you have to jump through hoops for it.
binance and binance.us are different companies. binance is banned in the us so a different company started binance.us which has no futures and far less coins
no it’s not - it doesnt have a scammy charge attached to it.
idk i’ve bought and tried selling a little bit just to see if i get taxed on crypto.com. nothing at all i got everything i sold, no fees attached. mods need to somehow pin a post about buying on crypto.com rather than the trust wallet and uniswap method. the first time i got shiba i bought through uniswap in trust wallet and the eth fees were . with crypto.com it was 0
no. i’m saying that the safemoon, safebtc tokens have a ridiculous charge built into their smart contracts where whenever you buy, sell or simply transfer them, you have to lose a percentage of the sale which gets rethistributed to all other holders. for instance - safemoon i think charges 11%... that is on top of whatever the exchanges fees are. that’s why exchanges won’t touch it in my opinion.
just agreed my new mortgage at 1.55% here in the u.k.
nope it sure isn’t. but what choice do folks have. invest? most don’t have the extra funds to invest while renting or whatever. let’s keep that in mind
for most mortgage payment is the biggest expensive. nobody said don’t work. but life is much easier
you know what? you are so right.
i hear you... we should seriously be teaching financial wellness and real-world financial thing in 11th and 12th grade instead of trigonometry and statistics🤦‍♂️ that is why i homeschool my kids lol
haha yah me a porsche !! going to the track. more important is a home for me and my family. if one of my coins does make wealth. otherwise my business better kill it
there are some good stock market games out there, i remember playing one on a macintosh when i was 10 and both of us are now financially savvy and are doing ok overall. no millionaires yet, but i’m very glad i got to know about buy low sell high at such a young age. perhaps don’t teach them to gamble with actual money or crypto but with a solid stock market game. should be enough to get them seeing both wins and losses without it changing their judgements and becoming gamblers later in life.
fair enough, that is my mentality too. i went from 200 to 6k off safemoon and i'm literally still riding the high trying to find the next shitcoin, but when it is marketed as a real product i just look away. like let us be honest here, we're participating in a lotto riddled with scams and useless speculative projects. like safemoon which i love, that coin is hilarious i was sad to sell it but i'm not hodling garbage, i took my profit and bought back in which i'm super happy with.
how does the burn affect this though?
it will come - bought 7 + 7 mio more for this sweet price:)
they do not have an app as of yet do they?
it took a return call to the fraud department of my bank to authorize the charge to my card, but other than that crypto.com was a breeze.
so i'm guessing you have no coins in this as you dont believe in the hype or potential
this is a stupid argument. do you think we can sell the complete market cap of any coin ?!?! what will happen, is the world will go through massive inflation. it's no different to manufacturing cash... it does not make people rich it just makes everything more expensive. when they start moving that paper money to the real world and inflation results, i want to also have 100mill. now it seems like a rediculous amount of money, but one day it would not be and those who do not have a lazy 100mill sitting around are going to be fkd.
start a meme page already 😂
what the heck is staking haha and you are right there’s a lot of newbs like me
you need to understand that market capitalization is not really amount of money put into that coin, it is only a sum of how much money would it mean if everyone sell all coins at the current price. and the price is solely driven by demand not by market cap. that means high demand (hype) can drive the market cap number really high, even above of what seems real... don't forget that half of supply is locked in vitalik's wallet, and the other half is on uniswap. don't underestimate the power of bull run, and i've been through 3 of them yet with my 13b shib. still holding. although, i expect little dip tomorrow morning.
lmao you went out of your way to randomly insult a stranger and that is your response when you are called out for your bullshit? definitely what i would expect from the coked up shit produced by wall street bets. 💎✋💩
i bought it on pancakeswap. first i bought binance coin, sent it to my metamask and then bought from pancake swap.
uniswap. when the fees weren’t ridiculous
i found kishu easy to buy. buy ethereum. send to metamask. go to uniswap. connect wallet. buy kishu
thats kinda what i figured. so inside the us no go. figures lol. thanks!
oh, i thought you were talking about real tax for a second, and not the uniswap tax... regarding real taxes, i’m not sure about the usa, but here in the uk we only get taxed on gains we make over £12000. that’s ,000 a year. some people just sell that amount of bitcoin just to minimise their tax. that’s why many brits are making a fortune on bitcoin and other alts becuase tax basically forces you to hodl and hoddling over time is probably the best thing for any crypto investors. my own suggestion (based on the british model lol) is to hoddle this and stay away from looking at the value, the swings can drive people insane. its really really hard to time any of these alts so if you can afford it, really, just hodl.
this is the 2nd time i hear they tax to buy, is that true. i thought it was to sell or transfer. also they would not tax to transfer to and from safemoon wallet from what i understand. please correct me if wrong. thanks
most ppl here shows there is no chance, bc now is 12blilons usd
exactly. why worry about paying it back. invest your thisposable
wish you all the luck and gains in the world mate!
i’m sitting on a flat billion. if i could attach images i would. i’m just not an idiot and i want people to make realistic goals for themselves instead of ending up a bag holder. i’m up 50,000% since my buy in on march 19th. i’m just not a fucking moron.
get yourself to 1 billion shib over the years and when.001 you made .
are you really arguing that shib is going to be worth more than the entire.planets cumulative wealth? if it goes to a penny, that'll be well over a ... people here are morons, forget not having any crypto sense, there is not much common sense floating around here.
wait, are you trying to justify the idea that shiba can make it to ? how many generations of people do you think it will take to get there? if you want, when i get back to my computer, i can math it out. since nothing is impossible, i'll try and figure out exactly what it will take to get to . i'll go ahead and let you know you and i would not likely be alive.
in really simple newbie terms, staking is like putting your money in a savings account. however, that savings account is not a shitty .5% interest rate. you'll earn rewards for staking, depending on the coin, what the staking is for, what platform you are staking or holding on, etc. there are also crazy liquidity pools that can net you insane gains on just a little money. i suggest doing research into what staking is as my poor monkey brain would not be able to accurately describe it well enough to prevent some smart monkey brain to come in and tear my description apart.
yea they sold and regretted it and everyone acknowledged it. what is so is thisrespectful about it. he himself called himself out. quit being a positive nancy. you are not. 😂. just keep your 2 cents
hoge and shiba ❤️
i'm in the us, i use kucoin.
they do tax 10% of shares for ppl who sell to stop 🛑 the massive swings and it does help stabilize it. yes i’m a holder of 351mil i invested . out of the 10% 5 of it goes to the holding community (so you earn on the quick sales by holding)
no 50% of the float is locked and the other is with valti.
well i still have to service the debt but i don’t plan to ever overpay it.
lol yeah dude i have even had people tell me that i’m just a naysayer because i don’t think it will hit 10 dollars because “everyone said that about doge”
ahhh makes sense thanks so much!
wasn't charged a penny when i sold 880 million shares, never recieved a single share for holding over a month on hotbit, nor kucoin for a couple days. i assume they taxed me when purchased but cannot prove that. good luck.
yes, i know, but that does not mean it will hit the market.
? i'll cut my left nut if it goes 10 cents, even a penny will make me cum in my pants. impossible to reach a dollar, unless they come with some sort of schemes where coins are burned. remember that 40% of shiba coins are supposed burned, but no one knows for sure.
danm sold 880, too early for me to sell
it won’t that’s why the market cap here is wrong people are being fooled out early lolol
lol same, but i’m he right one. it gets a little sore here and there 😂
only if you’re ready for the biggest boner of your life
yes and post it everywhere
yes! but remember to invest only on money you can afford to lose. nfa
if it’s not money that’s vital to your everyday life, yes go for it.
yes if you did 2-3 days ago it would’ve been over 100k.
looks like you have some buying to do!
guess post was all for bs🤷
it’s time. post it
if you need 100 commenters to tell you to buy then this is not for you. i'll go against the grain and say no. someone who demands 100 people say yes is the type of person who'd paper hand on a 5% dip
fuck it. do your thing, brother man!
yes. the longer you wait, the less shib you'll get. mods, please have op deliver or ban.
yes and i would do it now before robinhood comes out with their wallet i suspect that is why we have all this excitement
yes go for it, wish i was able to throw 50k at it too
if you are a position to do so i say yes ,
not a financial advise, but whats stopping u?
seems like anything you put in before 7pm goes up.
yes sir. be a legend
fuck yes. but maybe dca over a month or something.
i put .000007 and everyone (even my crypto buds) told me i was a dumbass. look who is laughing now. i have no idea what is to come with the price short term but i fully believe this coin can drop a zero (0) by end of the year no issue. at this point it’s quadrupling your money. i’m holding until .0125 so i’m here for the long haul.
first time poster in the shib subreddit... i believe "this is the way" would be a good answer
yes, all day brotheri just hit 50,000,000! shib too the mooooon!!!
do it! yes yes yes!
yes. not investment advice. entertainment only.
and now we wait to see you actually do it.
of course... i get my annual bonus this week... its all going on the mighty shib!!!!!!!
well? over 100 said yes
yes, if only you mention us in your book "my path of becoming a millionaire."
remember not financial advice here.
yes, buy high sell low. that is the way
yes but do it next week when the dip corrects. i’m not a financial advisor but i do play battlefield 2042.
yes yolo lfg 🚀
no. unless you will be okay even if shib goes down then sure, go ahead. otherwise i wouldn't advice to put in this much lump sum.
yes. this is not financial advice. this is for entertainment purposes only.
right now that would be just short of 2,100,000,000 shib. if shib hit .01 and you sold that much coin, after accounting for capital gains taxes (if you're in the u.s) that would translate to roughly . that would be 280x your initial investment.
dollar cost your way in, don’t fomo
yes, gotta make that money when it moons
oh yes do it do it do it now
just do it !
if you can afford to lose the money (in case of another repeat of may), then go for it. i do not think it will repeat though. shib is in a far better state now than it was back in may. there was so much stupid fud about shibaswap. this time, we are going to the moon!!!!
not if you have easy paper hands
dooooo it! nfts coming out in a week or two, those numbers will pump up 🚀🚀🚀🚀
small incremental buys on dips.
does the pope touch little boys?
where’s the proof?! we need to see it you’ve got hundreds of yes
yes but play with your head not over it. if you can afford it do...it...doit...do the thing.
if you click on his profile he always posts this kind of this and never actually does it...
i bought 100k one month ago, this shit is fucking unbelievable guys. millionaire with a dog coin, shibaaaa i love you. imma buy me a shiba dog soon.
yo if you do, try crypto.com because they have a promotion for shib coin going in right now.
okay you retards. didn’t expect this kind of response to be honest. transferred money out of my brokerage to fund my cb account. moneys will be in account tomorrow and i will buy approximately 2,000,000,000 for you degenerates. to the mooon 🚀
yes, do it now for my benefit. no, for your benefit. diamond or paper hands?
yes! you will be a multi-millionaire sooner than you think 🚀🚀
yes but only if you give 5% uwu
not in one go, no.
yes. wish i was in your position to invest that much in it.
yes and yes. your welcome.
yes post it! lol
fasho especially if you wanna make that money make you money 🥳
if you like making money then definitely. just make sure it is 50k you are willing to lose.
yes, silly question 🤣
the time is now! ⏲
yes and post everywhere
10,000 will be just fine. remember you're playing a very long waiting time game. at least 5 years long.
ig you have 50k to spare, do it! if 50k is all you have? no for that makes you dumb 🤪
yes you should. 50k now 50mil later my maan 💪🏽
this man will be our deep fucking value
o shit a notification about shib going up i’ll never sleep
please tell me you did it back then
my god, i hope you did
i’m currently holding 500.2 million 🙌🏼
yooo bro are you still there???? congratulations
not much longer i’ll be on a beach doing lines off hookers asses.
i put .000045xx and i’m already at .93 shiba inu’s current price at .00008436 and that’s in 4 days
this aged well- if you did it
no. if you don’t care about losing that money then yes. only bet as much as you’re willing to lose.
i just dumped my xrp
it is guaranteed to grow. most likely will never hit that magic mark though. even now, it will still probably grow another 100% in the next year at a minimum. not a bad investment.
you are crazy if you do that
yes, but only if you can afford to lose it.
yes, we’ll be reading about you in years to come as the meme billionaire
that 50k will help us moon more so you should see a nice spike shortly after
shouldn’t you be posting something 🤔
the best time for this would have been 1 week ago. the 2nd best time is right fucking now. do it.
yolo ,000 on my venmo
not at this price. wait for it to drop, it won’t sustain this price for long
fuck no unless you are okay with potentially losing half of that
since no one knows how much money , no one has any basis on which to form an intelligent answer to your question.
these levels are dangerous
unpopular oppinion here but don't ! wait for correction. unless you wanna be pink wojak ofc.
i'm a leader of a organized asian gang, we're all mining crypto, we also bought thousands of dollars of shib. i want to thank crypto for making us legit organization.
be sure to post your loss porn, i’ll grab the popcorn
so did you post it!? you should post it on robinhood as well so they realize they could’ve had the commission.
yes and then burn half. ;)
if you are going to yolo ?
what does yolo mean
soooooooo where's the update????
just because you asked random ppl...no. just because you flexed...make it a cool , be a man.
if you did it, i'd be worth 285,000 right now
hope you did it buddy! its looking reallllll good atm.
hope you did this! probably sitting on a nice profit
we can be fellow billionaires and drink tea from our delicate monocles.
well this aged well.
holy fuck you made alot on this bet haha
i hope he did it
hindsight must be a real bitch if you didn’t do this
did he post the pic?
you still holding bro?
should i go to my job tomorrow
just sold . is it too late to enter shib? .80? or should i wait for couple of day so i can buy it at a better rate ?
this just gave me a chub
why not? it couldn’t possibly go tits up.
roll a dice and call it each time for 5000$, every time you call odds or evens correctly you put 5000 in shiba inu, if you really willing to risk that much money on something you may as well see if fate is on your side lol
idk that is a little excessive. if you've got that kinda dough do just 5k. put some money in a tether and stake that.
no. ,000 at most. you can diversify and buy other projects with the remaining ,000 (cake monster, ethereum, solanax, bnb, solana).
don't do it now. i'm expecting a huge dump along with bitcoin. the elite will not allow bitcoin to get pass 60k so they will come out with some fake news like the chinese ban or something else and then paper handed people will start panic selling once again!
hey - i’m new. how do i buy shib since it’s not on coinbase or robin?
the ayes have it. see you on the moon
yolo and forget about it, work 2 jobs to get that 50,000
not many cryptos can double your investment in short order.
if you’ve got it to gamble then it’s a no brainer. i’d drop .
looks like this was a troll post.
yes on the dip lol not the rip… i bought damn near the tip at .000034
do it. there's almost nowhere else on this planet you can multiple your money with greater velocity and power than where this one is going, except for maybe silver.
how abt a million dollars?
yes now show us you just did it
!!!!!!!! remember shibas the prime hours are 6-8pm so save some treats for later so we can push through the night and have a strong start for the day ahead keep your hodl tight and dont let go until you see 0.01-0.10 shiba!!! 🦍🐕💎🙌🚀🚀🚀🙊🙉🙈💯 ( please repost )
yeah why wouldn’t you? if i had 50k sitting around i would. that will easily become 500k-5,000,000 if things keep going well
get r done lol
sounds like you’re already sent in this idea. our opinion is pointless now.
screenshot if you do!
yes! go ahead! just do it!
yes, and this is the way.
no. wait till it goes down. dont buy high
i will never advise someone on what to do with their money. good luck.
buy more shiba inu and hodl
how to buy shiba i really want to but i think the restrictions in nyc prevent me
sey. that’s yes backwards. so... yes
bro that’s mad 😂
if i could i would, so 💯% yes
yes 🙌 put 50,000 in it.
let’s go buddy, next 0 on track to being burned.
yes, btw is that 50k for every 100 yes or just once?
why do you need validation?
just do it yes
yes but you wont see the ,000 again for another year or two
yes, launch yourself to the moon 😎
show your balance! i’m in for 25% of my portofolio in shiba
nfa...but hell yes, i would!!
do it do it
🤷‍♂️only if you want to be stinking rich…
yes, if it is not needed for more important things.
buy bitcoin and don’t sell it.
if you got the money do it 😎
hmmmm...this sounds thisingenuous. a person with 32 karma have ,000 to buy shiba? hard to believe...
if you can risk it
make it ,000 and become a shibazilla...
think your over 400 shiba amy strong
i'll believe it when i see 2b coins bought.
yes, yes you should. and you should post it all over!
please don’t, not yet
lol damn some you better post some proof 🤣
why the fuck not?
nfts coming out next week. yes
i'm waiting for the eventual crash. btc will only pump for so long. shib will drop back down to post pump. maybe not as low but certainly would not stay as high. of you missed this rocket just wait until it drop again. don't fomo at a high.
yes. but i eat crayons so there is that.
no because you'll lost it when it crashes again
long term yolo. like the old fashioned “holy shit i forgot i had this” sort of stashing away
of course we will say yes lol
do it. it’ll help all of us.
as he posted yet?
i would but i’m not you. the choice is yours.
yes please we need as much buyers and holders we have to stay strong as a community
yes do it pussy no balls you would not
should have done that months ago
if you do, stake it as a pair.
maybe 🤔 yes 🤷🏽‍♂️
wheres it at bro?
no. you should really invest that into buying a new home or schooling. don't be a fool.
wait until 5 pm mst
why not but only if it is the money you can afford to lose. don't get yourself homeless or something
without a second thought if i had it i would have done it first then asked if i should have hahaha
let’s see that position!
would have been an excellent idea a week ago.
definitely. don’t wait longer. you will get less shib coins if you wait longer.
shiba already achieved . this coin is reliable. you will not lose your money. you will get a return
yes, but you probably will lose 75% by next week and have to wait a couple months to bounce back up and beyond. but hey it is a 24. who knows the future, i know i do not🤷
yes... so you can push the price up even more! do it!!!
you only live once and it is only money, right?
yes post it on reddit and facebook and instagram
yes, send that puppy to the moon
following trends another dip may be in coming, very risky just do a quarter of that and see where it goes
yes. buy and hold. or throw some in the burn wallet. or give some to me.
good old karma farming
yes !! not financial advice
yes, but only if you're going to hold until a buck.
yes, only if you truly believe in this investment long term and not just from a short sighted fomo viewpoint.
i triple dog dare you
no! it’s at too high right now! are you a casual???
he’s flaking. he tried to get more comments on wsb but the comment was removed
yes. if i had the extra cash it would be a no brainer of a decision, but at the same time i am not the one risking losing 50k. if you can live without it do it. if you cannot then just take it easy.
why do we have to say “yes”? just post the shit and stop karma horing.
yes. prove you are not full of shit.
yes and prove it
put it in bonfire 🔥. it’s still early not a financial advisor 🤷🏼‍♂️
screaming it from the mountain tops!! yes!!! join us brother!! the shibarmy would love for you to hop on board 😎 stay shibby 🤙
shib safemoon pumping up harder
noooooooooo, it is at a high. but now that i said no, do not listen toe.
sold my sol for shib 😋
do it, no balls
yes. for legal reasons, the abouve statement is, absolutely, financial advice.
yeah buy . everyone else too spread the word
yes, if it isn’t all of your life savings.
yes. post post post
you should of done that 3 days ago.
if you feel like spending 50k go for it
let’s see it yes
depends. you wanna get down from 50k to 15k?
yes, but i call bullshit
yes must be nice! you will make out good i have a feeeling
i wish i could buy 🚀🚀🚀🚀
dooooo eeeeetttt!!!! then go to the swap and do work!!!
i yolo’d two days ago no regrets!
do it do it do it do it. i am dropping 50k every time if i got it
yes. someone tag me.
yes, i'm right behind you...with a little less money but still there
yes, but only if you can afford to lose it
you could paypal me .
why did you wait til now? makes no sense to me to all of a suddenly jump on. 🤷
if shib hits a penny i’ll eat my own shit live
yes i’ll add 1,000,000 more. so that’s like 22 bucks for the record lol
shoulda done it last week...
please don’t do this
yes once it goes down again. because it will. a lot of predictions for a bear market the next year or so. be careful about when. don’t get it on it’s peak.
bro please do not it takes me 2 full years of work for that money.
consider the risk and what 50k means to you if your options allow you to trade that volume relatively risk free of any serious financial damage then who am i to tell you not to yolo 😎🚀
yessir buy and hodl
only if you're already rich.
if you have it go for it. yes.
you won’t do it! yes
kiss it good bye
yes or farm finance or avax or compound
don't take financial advise from reddit ' this is financial advise
man, do you realise what that money could do and you're going to piss it away! yolo 40 give me 10,
useless fucking post. all those "i do it after x upvotes or x other validation", shut up and just do it. post it after you did it, but dont do this shit here
fuck yeah move the market
dude is 100% psycho. i love it
i’m considering the same let me know what you do lol
i’m commenting for reminders
yes, this is the way
there are absolutely no negatives (for us) so go for it. (we) can't lose!
why not make it ,000?
yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes
yes go for it dewd
this inspired me to pick up another . let's gooooooooooo
where's the updated post? been about 3 hours
depends on your total portfolio. i know that’s not the sexy answer everyone wants to here.
my man please do not spend something you cannot afford to lose.
roger, houston. we have liftoff.
yeah lets see it
i just yolo'd myself i say yes ✊
yes. all the wheres!
yes i think the right answer is proof or ban
no, to clarify most people here think their small amount of shib is gonna make them gazillionaires... i’d put 5-10k if you wanna gamble on a shit coin. use the rest for real coins.
maybe. what percentage of your portfolio is 50k?
do you really need to ask that here? there are more than 200,000 members here. will you multiply ,000 to the number of members here? then you are a whale!
pump this shit boy
give me ’ll believe you
shib is the future of meme coins i assure you so don’t think twice about a genius investment. i will keep buying week after week=💻💰
proof or ban bitch
yes edit: pics or ban
that's actually a good profit
does f\*ck yah count? ...
first, wait for the dip, then buy.
yolo like a pornstar
buy it and shut shut
so post was bs?
just bought , get your balls out!
xrp over shib? can’t even compare the two.
i just bought half of my holdings in shiba, i'm with you, brother
only if you like money!
i just bought shib 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
you must hate money if you do this. just buy btc and hodl bro
yes. maybe. maybe no? not financial advice.
let's see that yolo
bro lol it is not going to pump forever ... someone bought millions worth and manipulated it up...
yeahhhhhh. for 50,000 you could farm a lotta karma
since you posted this, shib is on the second most ath since the crash in may… i hope you did😂
where’s the proof of post???
wait for the dip, king.
shame you did not do it a few days ago ... you'd have more than trippled your money!!!
do it and show us
i think this run has more ground to cover and honestly most people invested in shib are looking for at least .001 to sell at so i would say its probably a yes. still more than 80% buyers and less than 20% sellers meaning there is more ground likely to cover.
dude i yolod like 350 and i'm at like 1200, do eet
trillions of token burning
buy the dip…📈📊 wait for it.
deliver op. we need it.
damn! people from r
hahahaha putting 50k now? it was on sale for so long and your buying now? fomo is strong on this one.
only do it if you want to be jeff bezos rich in a month. you will be fan fucking sluts on helicopters in no time.
just invest 5k now to prove you am not a bitch
i hope you did 4hrs ago
why stop at 50k? take out a mortgage.
should i sell all my doge 🤡 and buy shib😏?
no you fucking dumbass
i just bought 77 million! let’s goooo
yes, and provide proof please. otherwise, ya know, you’ll out yourself as a karma farmah.
oh yeah, i mean, yes...
let’s goooo. i’ve got 77 million now! what y’all got? i wanna get more but i still wanna be catious
for everyone that matches or exceeds ops purchase, i will be that much closer to buying a lambo, tyvm.
nah. stake it in ohm.
i'd vote yes. it's clearly on a gain train right now
it will be legendary
god damn 50,000 would be life changing. and yall throw this shit away daily. gawd damn
you guys are so gullible hahahah
put everything you got this is the move
if op really went through with this, then he would be one very happy man right now
i think your penis gains an inch for every 10k invested. this is not medical advice.
only if your plan on taking your tendies to a certain movie stock nfa
50k while its at an all time high?? yeah sure why not. this is not investment advice
yes not financial advice
christ almighty, this is obviously a scam.
dumb as hel... do that shit!!!
you’re going to be famous
you should have done it about a month ago!
yes for our entertainment! if you win, great! if you lose, still fun for us! buy now. put it on your fomo card!
woah i hope he did it
why would you buy shiba when it is at an all time high? are you fucking high????
yes. i thought about going big, the. when it doubles sell half to get my money back then let it ride.
i… this is against some finance laws, isn’t it? i mean this is asking for financial advice
what a glorious week my friends. i will hold to a penny if not further. i’ll probably cash out my smaller of my two accounts at a penny and keep my large account for years to come just to see what happens.
i didn’t throw in as much as you but i recently bought more as well. yes from me
yes, however 25x leverage on binance is the best in my opinion why use 50k when you can play with 1.25m? actually do not listen to me at all because everything i said preceding this sentence is **not financial advice**.
only if you hold it.
buy that shit. but buy it in "buy"
since you asked this question three days after shib started pumping, i will say triple it and make it ,000
inspired me to yolo 5k , let’s go !!
if you got it and you can afford it lets go!!🥰❤❤❤🚀🚀
warren buffet, “buy it ya pussy.”
why is shiv up so high today? is it going to get dumped?
wait for the correction man.
only if you can afford to lose it and be okay. while i would love to see a big buy like that, i cannot in good conscience encourage someone to overextend themselves. i believe shiba will be wildly successful long term, but it is still super risky
go ahead please. make sure to buckle your seatbelts and prepare for the most extreme orgasmic experience.
more than a hundred people...
yes this isn’t financial advice
is this a life-savings investment? if so, i’d say no. if you have the freedom to try making a ’t hurt, i’d say yes.
clearly, yes. not fin advice 🧙🏻‍♀️
can someone tell me where to buy it an easy i'm super dumb way to explain. please.
this is the wey.
general good rule of thumb, if that 50k thisappeared and you were still good without it, go for it. if you need that 50k, use as much as you're willing to lose, then wait 5 years. profit.
i wouldn’t at this point
you should send it to me :)
why stop at 50k? show the world who's boss and drop 500k
dude, you should have posted it on a normal crypto subreddit. here everyone is gonna say yes and you not gonna have any good feedback
y’all r starting to touch front page. once your top of front page news sell immediately.
no, that is a terrible idea. don't put all your eggs in one basket.
...im just jelly that you can yolo that much
yes. but this advice is for entertainment purposes only and you should seek advice from a financial consultant before investment. phew how on earth these yt investment gurus put up with all the thisclaimers is beyond me.
yes if your willing to lose it
all the shiba army is watching you man if you dont post your potition better consider your self the most poorminded guy in this community
yeah but you might wanna do it quicker than tomorrow
yes. this is the way!
strong yes from me brother.
i mean why not? buying high and selling low is my thing too. keeps them on their toes.
looks like you got to now.
yes spend it if you got it... not financial advice but future advice
it’s up 300% in last few days
yes. that's how many trillion coins btw???
i hope you did yolo it
so i’ve been thinking about it and new users on coinbase have access to their earnings section once your account verifies and as soon as it unlocks they basically give you ’s a minimum of five dollars to open an account but they also give you five dollars in bitcoin. if you don’t have it already that’s five dollars out of your pocket for . lets goooo! to the moon 🚀🌕
yes or yo momma gay
yes as long as you can lose it! we’d love to see once you do!
would you be ok with it if you lost it all? if so, sure.
no. this is just another dumb meme coin.
yes. you should listen to the internet regarding investing advice. around 90% of investors lose money. putting .
yes, just yoloed the rest of my investment budget! lfg you retarded apes!!!!!!!!!! if this hits a dime a share, i will buy a gaggle of shiba inu show champions and start a breeding them! i'll post pics of the process and let the op take his pick of the first litter!
i hope you did 7 hours ago when you first posted
yes, i want to watch it burn with you.
that would be like a kazillion shiba! so yes.
you should have done it already
don’t forget to stake it!
simplify the way you trade cryptocurrency by joining me on – buy and sell , , , , , , , , , , and 🇨🇦 . use my referral link and we will both get . one.ndax.io
gme … it’s at 171 today.
to the moon we gooooo
do i like chesty fat women?... yes!!!
not financially advice but i’ve noticed it dips overnight so that’s probably the best time to buy
not financially advice but i’ve noticed it dips overnight so that’s probably the best time to buy. i don’t have ’m really contemplating
alternatively, don’t because no one in this sub has your health and well-being in mind and are just part of a hive mind of crypto trolls. time to get moderated :)
when shib came out i purchased 100k coins for 1 dollar, now i wait.
put 10k on leash for me.
if you're ok never seeing it again then yes. then also remember us when you get to the moon with bezos.
put , 2021 worth 100,000,000 shib. hodl you sexy bitches.
no! god no. well that is unless you are a rich kid then yes. teach your parents a lesson they never took the time to teach you.
anyone actually able to buy shib?crypto just gives error messages. tried for like 20 min to purchase -. i think they pulling a robinhood.
anyone actually able to buy shib?crypto just gives error messages. tried for like 20 min to purchase - i think they pulling a robinhood.
congratulations if you did.
you're gonna invest . i pray you get out before the dump. don't invest what you cannot afford to lose, or more likely, quit lying on the internet for karma.
i mean why the hell not
if you have to ask, you already know the answer. let’s see the screenshots!
it would be a chad move
that would drive the price to 🥵
yes and give me some
no. the reason shib is pumping atm is because there are contracts on binance giving up to 75% return. when the first one ends (7 day contract for 75%) itl dump, then another when the 30 day contract for 30% expires.
sounds good to me 👍
you’d have made like 18k from the time this was posted. if that’s not crazy, idk what is.
yolo ,000 and send me ,000. i'ma get outta debt and be the next elon.
i just yolo'd on shiba, fuck it i just wont look
yes, but do youself
you can yolo me 50,000 all day sweetheart
you can yolo to my wallet instead.
just dropped another 🐕 lfg 🚀
do it now while it still cheapie lol
i belong to a different subreddit 🔴🖐️🖐️🔵
yes bro do it inflate the price
you should have done it 2 weeks ago.
yes, do it pussy.
yes. i support dumb fuck financial decisions made by strangers online who have zero vested interest in your success. do it. pussy.
yes for the memes
fuck you and your thisposable income
fuck you and your thisposable income. give me 20k and watch me put a down payment on some property (and buy some eth)
you should yolod in july, that was sweet spot time to buy.
yolo ,000 into my bank account
come toward the light, stay away from the darkness
no, use the , then yolo that into shib. fucking amateurs.
yes and do your thing
no. that shit am not going anywhere but the toilet.
why not invest in an actual shiba project ?
could have bought 2 billion shib on friday for around 20k slacker
where are you buying shib
fucking do it man, too many times have i regretted not buying because i was too scared then next thing i know it doubles the next day. man i would have been 2x my money now because i was scared i’m up 10 percent. do what you want.
yes, be careful not to get hard when you x3
cmon man, don’t put money into a hedge fund pump and dump scheme
instead of throwing 50 k in the trash, can i have 10k? :d
if that money is important for you then you shouldn’t do that
why not? shib is doing better than all my current 12 open stonk positions. including my yolo i shared on wsb. if you can afford to lose it, go for it.
fucking no, don’t ruin your life over a shitcoin. crypto isn’t even doing good atm
yes. do it. let us know if you’re living in a box or a lambo in a week…... or a lambo parts box.
i know it is not alot but i yolo'd 1k
it will be going up tomorrow still. yes but sell soon
if only you yolo'd 3 weeks ago your 50k would be triple that now pal
you could yolo and buy
yes, please do(as long as it’s money you can afford to lose wcs). looking forward to watching your yolo story play out. good luck!
did he do it?
yes go for it. hold until there is only half of it left or less
i would shit my pants if i had , including a new pair of pants. that has to be fun to play with big numbers like that. it seems stupid but it would be fun to even have a simulated version of an exchange to play with, kind of like monopoly. reminds me of an activity we did in school with fantasy investing. that whole dreaming about what you would do with your lottery winnings.
it will be the smartest 50k you ever yolo'd
yes and send me some fiat on your way.
don’t wait yes! tell all!
absolutely mate i mean we are in a bull run and 50k is excellent
yes and another 50k at the next dip
hell yes ! do it
if you did then you’re up right now bro
yeah you fuck wit do it
not at this price
he said say yes not everywhere so yes now 99 yes to go
has he posted his position here?
playing with fire on how much it has run up in a short period……
don't wait price up 🚀🚀🚀💎💎💎
this is what playing both sides looks like mac!
well, this aged well!
fuck yeah! yolo huge hardon looking at the chart!
would be paying off again today
e v e r y w h e r e
i too agree with collectively yoloing this guy's money for entertainment and bumping the price
i will be posting pictures in the morning when money transfers from brokerage. didn’t expect such a quick response lol. see you in the morning retards!
post is on shibarmy
this is actually great financial advice. not financial advice.
i’m going to invest with money i can’t afford to lose because i don’t like being told what to do :p
invest all the monies, period. fa
i thisagree. bet the house and the farm. nfa 😂
3 days ago i pumped in 8 g’s i haven’t felt paper hands like this in awhile it feels terribly great
look at their other posts. they’ve yolo’d 112k and 76k before this. maybe is waiting for a slight dip or is doing it in the morning…
brother man , brother brother brother man .
he’s probably a bot.
that is the worst advise i’ve probably ever heard
why would you sell there though? like if youre staking, the rewards would be absolutely insane. you could literally live off the rewards so why sell?
holy shit. power to to you bro.
lol do you know what the market cap would be if it hit your price that you want?
nice day for you!
if you take those gains now an invest in like voo , wait a year and live off each last year's returns put into safer savings. you never have to work again unless you want to. really do not have to wait but it is a safety net
hold for a year and pay much less tax, no?
it will not hit 0.01. that’s over 10 trillion market cap. think about it.
tree days, worldwide, waiting for dips
pics or it didn’t happen.
> okay you retards. didn’t expect this kind of response to be honest. bullshit.
came here for the results! lol
said no one ever
maybe 50k is 2% of this persons portfolio, it is all about perspective. also pump other coins on other subs :p
its now on coinbase as of september
keep in mind you need the equal amount of the other coin to do this. so say you stake shib'll need to match with eth.
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i bought 135 mill for about . i've been holding ever since.
or at least a bike, i'm thinking the base model specialized, huge upgrade to my current.
get ready for a ban from the mods for trying to get comments lol
coin base is currently the easiest to buy it. just open a coin base account and search shib and click buy
why assume he never said it was his only basket…
if i would have known i would have posted my 89k shib yolo last week.
haha love it. proud retard 🙋‍♂️
🚀🌕. to the moon, my fellow retard
if you keep buying more, it constantly will be worth more! bad financial advice
this is great financial advice. not financial advice
this isn’t the first time it’s pumped won’t be the last hodl!!
pull out 4gs be safe
i would slowly unload, maybe over the next few days at least get your original investment back and then some guaranteed profit* or fucking yolo* *im not a financial advisor and this is not financial advice. result may vary from the moon, mars, or mariana trench
i am actually afraid to go to sleep to miss the dip ;)
someone threw the dip at the ceiling.
ah common sense , hey! like finding a needle in a haystack round here today
yes: .94t. yes i know btc is at . there are more forces at work for shib than have been at work for any previous crypto currency. it’s strengths are: 1) sheer number of available shib 2) new dedicated blockchain 3) entire financial ecosystem under development 4) incredible liquidity 5) staking rewards on another level 6) long term investment vehicle. 7) a level of fomo from dogecoin, amc and gme thats manifesting into this token. all of the above are providing an unsurpassed investment vehicle unseen by anyone to this point. with .2 quadrillion of available wealth in the world (, rest in assets) it’s not unheard of for an entire defi ecosystem with the hype this token has behind it to reach .01. i agree .01 is mind blowing at this point, hell just passing bitcoin would be a market first. but shib can do it with the benefits above ^^^^
no... none of them do.
yeah, if you trust any crypto to hold it is value for a year
i wish you could hear every dipshit who said the same things over and over about bitcoin, ethereum, etc, etc, etc, etc shut up, fuck.
dude, at least tell us all when you're going to do it, buy half first, let us all buy, then buy the other half. together we can whale
my wife was tarded once... she is a pilot now!
your out of line…but you’ve got a point
check on it daily until you develop gut ulcers. not medical advice
set a stop market at the price you want and go sleep 😴 nfa but it is an option
exactly what this guy and the community are saying in terms of people holding their coins and buying now is exactly what the whales want. i just read today that the top three whales own over 60% of shiba. one owning over50%, one owning a little over 7%, and one owning a little over 3% or somewhere in that ballpark. somewhere around 60% give or take. this is exactly what a pump and dump is set up to do by the whales. people fomo in, it shoots up and then they take their money out and it all comes crashing down. i will say that dogecoin surpassed people’s expectations. but people like elon musk and others are just fucking with the market to make a shit ton of money, very few succeed and a lot of people get burned
bitcoin market cap is not static! people seems to always forget this fact. bitcoin's value will go up higher and with that its market cap will rise also.
exactly, they spout all these proposed ’t do simple math to see what kind of mcap that equates to
moron. use critical thinking. bitcoin is worth just under 1 trillion dollars, after how many years? you are saying this coin is worth more than apple, google, amazon and facebook combined? i’m trying to help people not being a fucking idiot like you.
the difference is not the same
i am still learning the market and how trading works, i am getting better at it, each day :)
yes, i yolo'd all my ether into shib, about 600 euros. it am not much to some, but for me thats half my monthly paycheck i saved up.
that's why you at least get your initial investment back... that way you're playing with the house's money so to speak and you still are "in the game." if it goes up enough you can get back what you put into it and still hold a sizeable position... that's what i plan to do, and exactly what i did with doge... then again, with doge i bought in at .003213 a coin...
i'm saying that u, cryptoeconomies, etc, etc, et-fucking-cetera. we cannot say how many coins will be, we cannot make guarantees on what direction it is popularity will move in, and the list of variables goes on and on and on... it's impossible for you to know what is and is not impossible. come down off of your fucking high horse.
that's fantastic! i suggest writing a list of any unfamiliar terms you come across, and then when you get a moment head over to coinmarketcap's website and visit their glossary. they explain every term you can think of and give examples, links to articles, etc. for general market and trading information head to investopedia. i would avoid paid and private sites like motley fool, because their information is often biased but presented as fact. your homework tonight is: describe the difference between a limit order and a market order. good luck to ya!
update, i am glad i did. in the surge that came afterwards i made 250 more 😁
lol critical thinking. use it.
lol ballgag. use it.
every idiot who promotes 0.01 needs one. idiots like you will be why regulations come down hard.
sell? i bought more
35m buried until december 👌 it is not much but it is something... i remember when 7m cost was 45
imagine those paper hands buying back in right now
**panic selling is like breaking up with your girlfriend for gaining 20 pounds. next month she loses 30 pounds & it costs you a diamond bracelet to get her back!!!! if you'd have just loved her added curves, you'd still have !**
i never sell i only buy 😤
bruh i literally cannot sell because my entire shib is in locked staking till next january.
people have been selling? i'm not even completely sure how to sell just buy.
trained amc investor here, i do not know what's panic selling i hold since march, instead of selling i bought 28 millions more
people are like omg it’s going to go to zero i need to get out. i’ve sold past investments like that and looked back 3 months later kicking myself. i’m holding until i have enough to retire. and buying more on these dips
what if i panic bought?
💎 💎 🙌 🙌
i wish somebody would show me how to sell on crypto.com because i do not know how to so all i have been doing is just pressing buy
this coin is the definition of "slow and steady wins the race." i'm going to keep adding month after month, and i'm going to hodl.
i also bought more this morning when it dropped. we cannot get mad to some people who bought in two months ago and are selling. we do not know their circumstances for selling and what that amount of profits could enrich their lives currently etc. sometimes it is better to take the small profits and enjoy your life the next few years then to wait for the big money and lose it if it never happens!
never sell. i'll hold strong
oh damn...i fell asleep, missed the dip
i bought more and will continue!!!!! 🐕🚀🚀🚀🪐🔥
pffft i sold... bought doge, it shot 35%, i sold and bought 100mil more shib because if it.
shib is behaving exactly like it did 2 weeks ago before we ate a zero and went to the .000027 level.
im so close to 100,000,000 these dips are exactly what i was looking for hold strong future millionaires!!
we holding at 69-70. it seems to be turning around... lets go buy buy buy. this is the way. 🚀🚀🚀
whats with all the pics man?
pretty sure half the people on here panic sold. the buy sell ration doesn’t lie
i just got my shib stacking for 90 days lets goooo
the only reason doge is going up because elon needs to hide his money from taxes
ok just got another 5mil. :d
still holding 155,000,000 🙌🏻💎
buy buy buy! don’t sell sell sell! (not financial advice.)
guys we do not need to worry as much as the crypto subs are portraying it. we are good. the last few days were amazing. this is a marathon not a sprint. buy the dip and these whales will mean less and less over time.
don’t blow your loadl, just hodl. edit: buy and hodl
me to my friends: buy shib my friends: 😂 me: shows my gains my friends: 😭
who are these dingbats that are losing their shite at 62?
we need a daily thiscussion post
i panic bought baby! twice
panic buy is the key
buying this sweet dip. my girlfriends boyfriend need more natio’s!
hell no not selling. lot of money being poured into shiba and evergrow this week 👀 wild times
why panic sell? i call this a sale!
i’m just waiting for the free blowjob
shibarmy because of your efforts of buying the dip and holding, the price remains higher than it would have been from whales normally pumping and dumping. nice job.
it’s a roller coaster, not selling hold strong at 00005300💪🦍🚀🐾
only the weak panic sell. i’m hodling and going to the moon!!!
i hold all of my shib from my first buy!
new holder here, are people seriously panic selling? look at what this has done over the last 6 months, i’m going to continue to buy when i can with the excitement of seeing what the next 6 months, year, 2 years holds.
🚀🙌 holding my blissfully peacefully , and on every deep i try to buy more , such a amazing community the is , become the part of our life 🙌✌️
just like the night before i see it trending down and say no worries, sleep sound, wake up and it is corrected and we're climbing a new much higher hill. 💎👐👆
i only most of my shib abt 2 weeks ago because i needed the money, this pump hurts. but i still have some money in that increased a lot
hard to panic when all my shiba set to auto sell.
paperhands? you mean people taking profits?
pullback are always healthy why would someone sell ??
every time i looked at the sell button i just bought more
3k at 0.00005 i’m hold till 1c
had a conflict with a bitchy colleague at work today, i came home irritated and instead of eating my negative emotions i am thinking to drop some dough in my baby shib.
do you guys think that it will go up again? im holding it
diamond hands and buying more :)
people that bought last august definitely did not miss an opportunity.
but you should definitely be curious why the pump is happening? what it triggering this action? are you not slightly curious? oh well “dont panic sell guys🥴”
newer to crypto, given the cap and coins in circulation and other crypto rules...what's a realistic "moon shot" 0.01?i see alot of people say a dollar but just as much say that is impossible.
hold that line!! were going to snap back. on two occasions we have not broke support. do yourselves a favour and go touch grass ❗❗
15mil here. bought more 10 minutes before the damn dip, but holding strong!
paper hands always panic sell when the whales dump. have fun with the
my paper hands :(
hodl at 4 mil
instead of selling i’ll buy another 15mil
they will buy it back. we just raised the bottom so this minor set back is not anything to be concerned about
i bought more lol
im gonna buy 20m if this dips further
to the tune of the wonder pets theme song. paper hands paper hands they’re on their way. to sell up all their shib and go the fuck away.
am i still cool if i coped back my buy-in but still left all profits in there?
how does one sell? i genuinely fear selling.
20% down today panic fckin panic
panic selling is sooo 2020
i just sold to buy more don’t blame me i am a greedy dog 😜
5mm more just now. i'll be seeing you tonight, .00009
i just deposited mine in [crypto.com]( earn program. locked in for another 3 months with interest
im not fucking selling fuck them
buying the dips lowers your average. selling is not a option unless your hands are made of tree fibers
looks like shib does the opposite of the rest of the market lol
bought extra 500m thanks paper bois!!!
i bought 11mil more for a solid 15mil. 🕺
when 5 am hits im buying 100. and also with the amc that is going on lately it is like the whole basically in short the whole government is using the debt treasury that they have accumulated even more and the reverse repo market as a way to keep the stock market going without crashing. yes you heard me correct the stock market is running on the reverse repo agreement. as well as the treasury debt loan. and all of the naked shorted shares or all the shares are being held from january by the sec or is it the dtc i do not know it is one of the security type groups that are holding all the shares of january run up of this year you probably heard of the news i have like 30 shares of amc. that's 1,200 bucks. it takes about 5 days to withdraw all that money out. which would equate to 10 million shiba coins i'm thinking of just selling off 200 bucks of amc just to get . if only shiba inu could just consolidate for a few more weeks at this price range we're at and amc starts ripping i promise every single god damn holder that i'm going to put every ounce of my fucking money into god damn fucking shiba inu or at least a good chunk of it while the rest is going to go into royal bank of canada stock because of the 4% dividend payout and use the dividends to buy an endless supply of shiba inu coins and dogecoin and bitcoin. if you have 1 million 4% of that is your dividend payout and that is about 20,000. every 3 months that is enough to topple and crush anything. but due to inflation i highly doubt that would be a wise idea but to the canadian stock market and royal bank of canada are way better systems than the americans stock market system i'm just writing down my thoughts and ideas like a diary. thinking should i just sell my amc and just buy the shiba coins. because if somebody can make 8,000 into a billions of dollars i think i could probably make ,000 into a million. the only reason i'm thinking this way is because i'm bored i'm unhappy and i have nothing and i have not eaten for 2 days right now i'm probably not going to be able to eat anything tomorrow either or the day after that oh i do have the food bank
woooo yep still holding and bough 1 mil more this morning 🌝☄️🚀
not only did i not sell, i bought the dip for some extra christmas money
why sell i just bought more
woke up with 11k down to 7k but i'm still holding 💎👐
bought 20 more mills
i cannot stop buying, after the past few days i'm going all in
if the whales 🐋 think i'm dumb then they are fucking retards. shib to .01
i will always paperhaanbuyyyyy!!! and fucking buy shib until we moon
first time buyer today. also know 3 others that bought for the first time today!
added another . to the moon boys! 🚀🚀🚀🚀
honestly…. i have 250 m shib,and still think it is a joke. i bought it while intoxicated and laughing while dropping . still haven’t looked at what it’s worth.
whats the best app to use to buy shiba??
so many karma whores on this sub it’s pathetic
i took the opportunity to buy more on this dip.
ppl did not panic sell, they took profits. how old are you 14?
whats the best place to buy shib without a fee?
i don’t see the sell button in my app 🤷
looks like you’ll have many more dips to buy :…
it’s a little scary seeing my investment keep going down. y’all think it’ll go up again soon? 😅
i bought just before the dip but imma hold
mines locked up! takes 2 days to redeem so that tells me not to sell!
let us take it to the moon
i will hodl at least till jan 1st 12am next year.
i probably would not be touching my shib holdings until 2025 minimum.
the biggest obstacle to success for this coin is the 12 year olds here.
14 millions units and earning interests as we speak.
been buying more in the deep
selling is half the game... i always tell people to take profits. it's kind of the point. lol
i'll bet the guy who got the ihop waitress stephanie he is banging to buy with her tips and her are hodl!
i been eating dip all week 😂😂😂
yeah i'm buying it up. this token has smashed every crypto record besides total market cap. what if it does that too? we would be looking at a 3 cent per token lind of life. it would be insane
still got my 125m, lets get to .01and on!!!
sell? what does that mean? i just grabbed another 27 million
i missed the dip! guess i'll have to just buy it anyway...
i only sold my initial investment so i'm basically playing with free money
bought 14 million more, fak it!
fuck no. who the fuck would do that?
i. new to the crypto world besides shiba any other coin i should invest in
i wish i could buy more, but these few months have been so tight, i’m content with my 5.6m and my +
elon musk is hiding his money in doge so when the year goes by he is gonna take it out, just using doge for that reason, sheeple
trading\* people trading for more shib. those who sold at 8200 can and should be buying more shib at 6800.
in it for the long haul!
it was going to dip down at some point. hodl, buy dips, rocketship
thank you everyone for selling cause i just became a shibeonare (_pronounces_ shib-on-air ). see you through my lambo in 5-10 years.
fucken crypto got me again
i would buy some more but cant afford at the moment. i'll be patient.
sold a lil bit for my new laptop but still got my bag for the long haul!!
bought more and holding strong 💎🙌💎
i just bout the dips with
under a penny i'm buying every day
so frustrated!!! how do i buy shiba through coinbase ? it keeps pushing me to the coinbase wallet i thought it was available to buy ? any info would help
remember team this golden rule, when the market is greedy be fearful. when the market is fearful be greedy. 🚀
they just use us as bait
glad the paper hands are out of the way. let us keep buying, holding and burning. to the moon baby 💎🙌🚀
bought 3 mil more!!!
lol why the hell do people panic sell? makes no sense.
the ones that are selling, i will keep buying 🚀🚀🚀🚀💯
sold a lil, bought more, rinse and repeat. gotta keep diamonds clean.
bro what? we’re in the red today
i lost more in the stock market, why not put some in crypto aswell :)
we back to .70 on cro.com
waiting for transfer to clear then i’ll buy in on this reset ;)
mama did not raise a broke bitch i'm hodling till we buying tesla roadsters from elon
i did not even touched mine (due gas lol)
i sold some at 8300 and bought back in. if this is considered paper hands i'll be making origami with these paper hands of mine.
is it still early or should i wait
just made another purchase ty ty
risk for rewarders wya we all converting all our eth and waiting for eth dip till then we grow w shib. shib haters can catch these diamond hands
and now it’s down
you get to a point where you have x10 or x50 on your investment, so you sell. which is perfectly fine.
random q, but do i have to pay to transfer my shib into exodus?
buy the red, hold the green ' edit. also buy safemoon.
still here at average .00005300, watching the red! hold strong 🦍🚀🙌🐾🐾
why shib dropped. do not fret;
please sign the shib petition. here is a channel that explains it;
please sign the shib petition on change.org this channel explains it;
i kept mines was in it for the long haul. i missed out bitcoin, not this time. bought very low enjoying the gains now. much love to shib community and holders🙌💯 buying 1mill more tomorrow!!
here is an excellent video on shib;
i did the coinbase reward and bought more lol
i use coinbase to trade crypto. are there any other platforms that are trustworthy and have a wider selection of cryptos to trade and lower fees? i like shib not selling.
a guide for new crypto buyers;
all the paper hands woke up at the same time
people that post shit like this? probably bought in within the last 2 months lol.
converted another . have over a quarter billion now thanks to that dip.
a year from now its gonna be the same story... shoulda coulda woulda.
fuck, people can’t hold when it’s this low?
still holding 126 million coins.
i ain't fuckin sellin 💎🤲
sell? days like today are why staking was invented
sheeit, i panic bought 😂
two words: market. cap.
still holding in it for the long term
the bubble will snap us dollar ftw!
i sold 18 mil, got my initial 1100 investment back from may, and letting the remaining 36 mil ride. will buy dip and will sell new ath. the only missed opportunity i'm worried about is the opportunity to realize gains. y'all can diamond hands till the cows come home, i'm gonna get this money. love and respect the resolve, but i'm in it for the $$$.
screw it just grab another 100mil. let’s go i’m ready for another run!
i mean you should’ve sold now cuz it’s down down rn!!!
u also have a missed opportunity for not selling at the high lol take profits bro
these posts kill me! not everyone panic sells because of a massive sell off. i sold 1.3 billion shib months ago due to no movement after shiba swap released. (now here comes someone...i bet you mad now) no i'm not because i'd be at 100k now with shib and i'm currently pushing 300k now...dimond hands do not work all the time!
i bought 325 million months ago for
douchey comments like that are why no one takes you seriously
thank god for the dip was able to throw in 600 more dollars
the panic sellers are angry and being a smartass in numerous threads 😂
i have been chosen. goooodbyeeeee
i held everything i have no panic sell here for a small profit. i’m waiting for that 6 figure cash out. i feel like all the panic sells are by people who don’t really know the stock game and possibly invested money they can’t afford to loose.
hell yea baby 💪🏻 💎💎💎😂😂😂
still here 102 mil
imagine buying at shiba’s ath and thinking you will make money 🤡. sell your shiba for doge the og meme always wins.
im this close to panic selling
shiba inu give away is running currently, already got mine sharing for others >
paper hands made me 3,000🤷‍♂️
guys shibu airdrop is on now, dont miss it out, heres the link >>>>
im holding but i'm starting to thisbelieve 🙈
won't ever sell its all from free coins from coinbase
i cannot buy until 5 days from now... you lucky animals
no shame paper-handing if you bought within the last 24 hours.
shit fall in the last 24h. lame af after all that momentum
these shiba taking a short break after that run-up. according to experts, the next push might see shib heading towards . read more about shib path to :
hell yeah! i grabbed 5m more as soon as my buy button was working. converted my eth as well when everything was down!! and bought the dip today!!
i bought 1 months salary
same here, bough 2mill more
i swing traded to get more
more white wine to this table please!
i also panic bought
i bought 19.8mil more :)
a month from now people will be saying "i remember when 7m only cost .
same here. bought like 30mil for 200 bucks. put another 75 bucks in. would have bought another grand back like 2 weeks ago butbgot screwed by work and then let go go so no money to gamble like before . hopefully i do not get burned
i bought over 300m…...paid around 3k for them.
or the ones who took a loss bc they were scared of losing it all lol like you must be new here… we know how this goes 😂
they probably are lol
look at it this way. them paper hands will be lesson learned and hold on now because they know better. thats awesome, we just become more solid. they will know better than someone who is selling .00008 and got in at ...00005. then the 00008’s that sold learn and so on. thats fine. that’s likely many and thats ok we hold and buy dips like usual for the new ones. follow that you are champ
sell low buy high people you mean? that is the reason why if people see value in something, at least put some faith and hodl power in.
better for us we got to see where our support line is and i’m sure everyone is still profiting even after that literally small dip compared to the gains it’s had in the past 2 weeks
i like big butts and i can not lie
i did not even know you can stake shib 🤯
how? bury on shibaswap? cant risk mine gas fees are too high
my sell button broke during the doge era.
what is "sell" right?
sounds like you know everything you need to know for now lol
are you trying to cash out? you haft to transfer to the fiat wallet
me too, i bought a small amount at 70 now i have to wait and wait coinbase to go positive. my cdc representative is mighty strong now 💪
🤣 me too. i'm brewing some coffee tonight - wish i could buy the dip right now, but all tied up. by this evening we'll be at new heights and i will have funds for the late night post eastern hemisphere liquidation period. i have a feeling friday is going to be a new record day when we look back on it over the weekend.
i couldnt get in. servers were down. paranoid me thinks they pulled some shit so people could sell off
mee! sold at 62, brought 17m on the 46 dip
even the past few weeks.
yeah i put a little money in but just got laid off no notice then. if not i could have put like 5k in it.
only way out is up 🔝
yes! buy this nice dip! its going to take off! google it and see for yourself
its your money protect it how you see fit.
no such thing... wierdo
be an ape! hodl it together.
i for got about kishu inu. i want to buy a ton so when moons i will be a billion air, and when i doo. i will litterly destory amc stock too themoon, and shiba. and doge and buy 3 bitcoins
crypto.com is my preferred for shib
exchanged ada for shiba
a dip after a huge run up is to be expected. i’m still holding and so should you 😈 this isn’t even diamond hand territory yet.
you absolutely can. why your app specifically is not letting you, i do not know. that's where i got my shib
i do not think you can purchase it there yet, but i have had luck on webull and public
click buy crypto for cash on coinbase
i dont think that rule applies to meme coins. nobody wants to be the last one holding the bag.
because paper handed little bitch asses.
yes to first part but noooo to anything elon...
**this word(sell) has a few different meanings.** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(should i die?)]( ^() [^(delete)]( ^() [^(report)]( ^() [^(github)](
bruh… no one cares…
you know we were down 30% this morning right and snapped back to the green?
that is silly. welcome to crypto. it can hit highs again in 6 hours.
why?? all the indicators say its going back up
it’ll be much lower in 5 days don’t worry
this is the way ☝️
pound me too also
is this... is this an ad?
dont click this shit👆
i wish ... i just want to get a support line on 0.00007... it will mean a new bullish move... and eat one more 0. ajajajaj
1 year from now people will be having intergalactic orgies on musk rockets paid for by shib
same bought 15mil for around . i wish i could have bought more but that was all i could afford then lol.
it’s a tale ad old as time. i will never forgive myself for my 2011 mistake.
i pity those who have a broken trust with intuition.
makes me want to pull an all nighter tonight so if we see another liquidation i can buy the dip before it rockets up like we know it will. when i see that yesterday it had a top google trend it tells me that new eyes are on it, curious people realizing that a small investment can go a long long way, then i think of the typical time it takes to activate coinbase etc, and by this afternoon. some will panic but those who hold strong will be along for the journey and have an opportunity to buy dips as their direct deposit paychecks pop into their accounts on this coming thursday night. i anticipate a bullish end of week.
you learn new things everyday!
yup bury that shib
no, i staked mine on binance. there is no gas fees.
you can also stake on crypto.com
exactly, you know i thought, back in the days it is a good idea to sell my 250 bitcoins for 30k, that will not happen again
i accidentally hit that buy button twice again this morning good thing the direct deposit drop a day early
that's a really respectful and kind reply, thank you very much! thing is i know i should not have bought so much because this was money i needed and not fu money... but did anyway two weeks ago when rumors about shib getting possibly supported on rh and crazy percentage prognostics were being thrown around. i'm very glad i now can keep my sub-1k in and the rest will actually become fu money :) have a nice one!
i’ll hold it for the army. i have btc and eth and i will take the hit on shib for the team. that’s the thing about this community, i’ll take a bullet for them as they are my brothers and sisters. that’s when we’re not just a meme coin.
then do not respond and keep holding!
ah yes... the expected response.
i assume you’re a follower just like shiba. unlike you i’m a leader like doge.
didnt say i would sell buy it did cross my mind a few times
i do not care high or low, i'll buy anyway
i feel old for getting this lol
we kinda are in the support 66-72 looks to be the new floor for today
i could have put another 5 grand or so in . but with no job and not much out there i did not .had i known i would have sold my 401k and stuff to do it. but yeah risking all that would have been crazy
i just bought 18 mil for around 1700$
use this opportunity to throw in 200+ in kishu you won’t regret it
yeah definitely a possibility. some were along for the ride and jumped out day trading etc. old hat for us holders but they are getting in for sure. hopefully they come here and get a understanding of how we roll with our holding and buying even the smallest amounts on all the dips. thete are lot’s of us and the more the merrier
cant find shib on the list
sheeesh, no problem, you will make it in both plays ;)
you say no one takes me seriously like you know me lol. so yeah, cry about it. down vote it. idgaf lol sit down
told ya :) buy it up, but it’ll probably go to 28
i'm thinking 55 - 62... me being slightly "pessimistic" you being slightly "optimistic"... so probably somwhere in between... 62-66 feels pretty accurate with some small dips below and some small pops above till next leg up... not advice obviously.
well look where we at
….crypto. it was called bitcoin. it lost value quickly and i needed the . unreal.
i got my brother to throw down and he was yelling and panicking bc his phone died and he wanted to bail out last night. we actually got into a bit of a fight over it. said he should have never listened to me and he is screwed, it is gonna drop all the way down, that sort of thing. i get a text this morning "it is in the 80s again!". i think he gets it now. this party is just starting 💎👐
did you look on locked staking? binance > staking > locked staking there is also an option to search the coins available. try using binance on your pc.
i believe in into with burning passion, my plan is to hold until we fucked doge by price
show me on the doll where your feelings got hurt.
i bought 10 million shiba for my irl cat, he will be happy next year
yes, agree... anything below that will initiate a bearish move
it’s tricky getting people in to it for sure. love you one minute hate you the next lol
found it. thanks! only 5% apy for 3months lol
doge is going up because elon needs to hide his money from taxes so sell doge
the same doll you used to show authority’s where uncle sam touched you as a kid? bet but you’ll have to give it to me since it’s not in my possession
the pain of it is explaining to them how to install and use coinbase, then actually getting them to go in on a dip when the account is verified. "wait it went down, and you want me to buy a bunch?" that's when i zoom out to one week chart and give them the whole "if you put in "
yea! how much apy you get in shibaswap?
that’s right buddy... you show the mean internet who’s the toughest keyboard warrior out there
still havent checked on it. last time i checked gas fees alone would not be worth it
says the idiot that initiated this hahaha again go run along now lil guy. it’ll be okay.
damn...so binance is better i guess. eth gas price is through the roof.
aww… you just got yourself a reddit account and got all bwave
yep. i still dont know if i can bury binance-peg shiba inu in bep20 in shibaswap. still researching. cant take risk in gas fees. i can only afford 1.5m shib lol
brave? haha don’t start acting like you can fight or would say anything in person.
>binance-peg shiba inu in bep20 in shibaswap that i do not know. i just transferred directly to binance and staked there for 3 months. 5.25% apy and no gas fees there is free transfer between wazirx and binance.
ohh. for me i bought directly to binance since there is a direct p2p for my country. is apy a little too small? 😅 or am i just getting too cocky haha
6.5m here, one day i'll hit the 10m mark. just putting in a little whenever i have the money to buy more. single father with two kids is tough to have extra cash. hahaha
140m currently between .000007ish lower end and .00001ish most is flexibly staked right now at .5% until shibaswap drops!!! not planning on this happening in a year or two not even five but maybe one day this community will encompass what the ecosystem set out to accomplish! i enjoy the transparency and ability to thiscuss without a majority of the community being negative! have a great day everyone ❤✌
i just popped 75,000,000 shib into a 1 month crypto earn account on crypto.com. still holding the other 75 mill in the "regular" crypto.com wallet, that earns nothing.
i got 54mil. just want to pay off college, help my momma out, and help those that were always in my corner. set aside a large chunk to reinvest in slower investments and live a comfortable life. after i graduate just be a teacher, hopefully marry my gf of 7 years, have some kids, coach football, and be at peace. not asking for a lot, just want everyone that is taken care of me to be taken care of. if it really strikes big i'm getting my grandma a ticket to ireland before she passes, she is always wanted to visit but has never had the time or means to.
245 mil. holding solid
65mil goal is 200mil
26 mill now i can’t stop buying
hodling to the moon with my 36m
86b here. hoping we 10x soon
150m+ had 240m but had to sell some... worst decision of my life
100 million over here.
sweet 10.3 mill here boy
that's like , so hopefully everyone is trying to get there as a minimum.
252 mill at .00000785
170 million at the moment
i'm holding to about 274,000,000 shiba coins! hopefully i can purchase more as time goes on.
170million... target 500mil by eom...
109m and waiting for another dip to get me up to 200m. brother has got 500m.
im holding 340 m, not planning on selling any time soon.
24 mil and going up weekly from staking
3 mil short will buy again soon
just hit 75mill, plan on being in for at least 100 mill by this weekend
1 billion here and growing
44 million here 🇮🇹
i don’t even have 1 mil 😂
200m will buy another 800m and hodl!
single milf of 5 here... only 4.2 mill! will buy more as i can however 🤩🤩🤩🤩
me! me! me! i will keeping hodling!
just 10m for me right now. i’ll dump maybe .
holding 28m to the fucking moon
when our cups are full, charity donations indeed!!!!
20m with a shit average. i’m just not even gonna look at it anymore and just hold til i’m rich.
talk about 10b ? hoping it does really gets back to the .000019 or more level? even though i'm not selling even if it does reach higher levels, at least not before it reaches ? but it is not a good thing to keep monitoring a red profile? any way good luck to all.
51 mill and still buying the dip
18 million shibas. 8 of them i set them on the crypto earn thing from the crypto app.
loving what i’m seeing whether you have 1m or 1b shib tokens!i’m grateful that we are all part of the shibarmy🐕🦴
234,000,000 shib and i'm not gonna sell! call me commander! 🇵🇸📢
18 million and when this shiba takes off gonna take care of my family. donate. and then gone fishing.
125mil+ hodl to we hit mars baby
1b stack here! holding since early april and don’t plan on selling for a long time.
i’m holding 4 billion, i will hold till 0.1
hodling 2,480,310,329.285106 shiba army strong
i 70m in stock
holding 152 million with diamond hands 💪
350 million and holding and i bought in high and on all the dips 😬
i have 40 mil , my goal is 100 mil
holding 61 million shiba till its reach 01
40m here, not looking to become a millionaire from my initial invest in shib anytime soon... just looking for some decent gains to open a few doors.
only just over 7 mil
14m here not much but from where i am it is a lot of money
i think everyone in this community 😎😎😎🚀🚀
holding tight with ;
50 million. buying 10 million every week for the foreseeable future.
hodling more than 10 million.
i think so is it really posible that all of us get millionaire???at same time how could that happened?
100 million and i'm not selling will keep buying on the dips the shib army are the best let us make some noise and get listed everywhere 💎🙌
15.5 million ill lose it before i pull it
im holding 240 million
i have 50m in and will leave it there, i know this will take time but im ok with it… one day it will hit 1 cent and i can cash out a nice retirement for me and my wife !
just 53 milion here :
32,184,554 shibs,. can you count for me ? please, i forgotten the countings.
holding 10m exactly actually
250 million and heading towards a billion
holding 100 million. shiba to $.01 next year...
i'm at 4,420,069 and hoping to get over the 10 million mark. buying when i can, when the budget allows.
450 mil here and holding strong
69 trillion over here 🤙😎🤙
more than 1.5b me and 10 friends none of us has less than 20m
9.9 million. i'm not buying more until they release shibaswap.
at the absolute best, having 10 million shibas will net you ,000 at most. this is assuming it reaches 1 cent. but it wont, because for that to happen, most people owning crypto, would have to sell their crypto stock and invest only in shiba and i cant see hundreds of millions of people doing that, ever.
picked up 61,000,000.00 in early may for my two grandkids which are 2.5 and 1 years old. i bought at the value of .00000910 for a total investment of 549.00 🙌🏽🙏🏼 should of sold when it reached .000033 on may 11th 2021 ugh, tripled but held and bought another 9,000,000 during the dip 🎈🍾🎉
777 million for me - got in early (: still hodling
14 mil and holding
40mil and im tempted to swap all doge i got for it too... not sure yet btw what an idiot im first ive notice it it was like all time high compare to now... rough weeks my friends. hopefully it will eventually pay off. mr. alex holds here
got only 5.5m... small but better than having nothing 👍
100 million ++ shib holding , time is a factor in investment,in life and in everything, god bless everyone 🙏
i have 311 million shares and i’m currently ,500 in the hole because i put in at .000029🤦🏼but guess what i’m holding like hell. these diamond hands are hodlers.
125 mil shiba holding for the long haul.💰💰💰🚀🚀🚀
over 700 millions here and buy more. want to have a minimum amount of 1 billion
210 m small but i’m content hodl!! will be buying more
21 million here, goal is to get to 100 million 🙌
i have a feeling shiba is a hoax, it has been such a long time they are saying a product is coming, but there is no product i guess, do not get me wrong i hold over 20 million shibs. but now i am having my doubts
106 million so far🚀😁
182,292,262 and will hodl until 0.08
just 50 mil right now, but planning on scaling up. need to lean more about shibswap and bone etc and then may come in larger and stake it
16,000,000 at 30 🤦🏻‍♂️ but still going to hold!
20 mill as of now prob get 100 bucks worth every week for the next few months.
haha i only got 600k + shib
holding 21 mil right here 👏🏻
132 million and trying to get more
just added another 5 million so now i'm at 15 million!
2 million here will try to get to 5m once i have some extra cash by the start of next month❤
my dad has 1billions, i have 7 millions.
i'm sitting on 70 million trying to be up to 100 million this weekend
37.5m here, gonna buy another 2.5 to round it out to a nice even 40m.
137m shib here! 175m mtdr. to the moon!
im holding 4.5 billions
170m, too cheap not to.
100m with 100% loanable on an exchange so people can pay me to ride the wave i'm long af on with me.
right at 10 million shares!
only started crypto purchases this week and i'm.sittimg on 2, i do plan on upping it to 100m after payday
me with 12 million 🥲
31.5 mil here and i am seriously considering taking shiba as a form of payment on my website
simple answer for a simple question...
i had 15 mil to start with... bought another 20 million (35 mil total) a couple days ago
only 3.7 million for me. 😬 working on more, though.
51 million here, but trying to get to 100 million :)
47m and going to buy more
holding 500,000,000 million coins. goal to get to 1 billion coins. half way to it.
20 millions shib og general here!
980m and not selling
128m 🚀 go to the moon 🌙
20 mil. i do not want a lambo - just want to be a screenwriter full time and almost there. then i can put shiba easter eggs in my movies - a reasonable ask!
1 billion and holding diamonds
21 million and counting
131m i got in pretty early
40 mil here. i would have bought more but im currently buying a house so thats where most of my funds have been going. but 40mil still should be a great investment if it ever reaches .01 or .1
6.5 million, should be upped to 10 by the weekend.
holding 40mil but i don’t really think we will moon. but i want it to!
60 but could have been triple if i did not buy at its peak
14 mill. to da moon and back. then to moon and mars and back.
94.1m holding strong here waiting for payday...
17 million strong and getting more every dip lmao
169 mil here as of 2 months ago
1.8 billion i had 9 billion but i sold right before the crypto.com listing and bought back in right after. this all started off as a . lesson learned. never sell
i just want a go-kart and an early retirement 😁 i'm holding 75m
only 2b atm. working on it.
i joined the army today with 14m shibas.
only 1b atm. working on it. lfg!
16 m strong 💪
i just made it to 10 mili , and yes a i feel baller , but i will hodl strong , never sell until lambo diamond hands kids lambo 10 mili club
just bought 8 mil just to post here ! i am 🐕
currently rocking with 41million shiba’s
sitting with 3.6 billion shib .00000009 average price right now. holding long term and planning on helping as many people as i can once the real money comes in!
over here and i’ve put into the supercharger event on crypto app
day 20 = 200m shiba. been buying 10m per day.
chillin at 34 mil, not looking to sell anytime soon
26.9 million here, there is hope
i am holding 36mil. when is shibaswap coming?
300 million right here!
30m in the bank
40million i’m trying to reach 100
i’m sitting at about 50 mill
i'm at 5,4mill at the moment. hoping to push it up over 10mill soon. from there i'll just keep pushing it up where i can. good time for buying right now and will hodl all the way up.!!!!
more than 121m shib 💎🙌
me an my wife have 100 m
shiba, you raggedy bitch
12 million...want to hit 20 million...
holding potential 100 million dollars if we take this bitch to a buck! let’s make it happen shiba army and let’s celebrate together like it’s 99
24,5m just for the fun see where it ends
ohh me me me. 11 million here...
16.5 million hoping i'll get a nice return for my couple hundred dollar investment
8 hade 12m but last 3 days i bought 8m
holding 22,222,222 lil shibs 💎🙌🚀🌕
135 mil homies, 💎 🙌
15m here and growing!!!!!🔥🔥🔥
regardless of whether you hold or sell, crypto goes where the rest of the market goes.
i am here!!! very bullish and making shiba inu video frequently!!
holding 48m. buying the dip hoping to one day build a free.
yes holding 101m strong
30 mil here, hopefully more next month after payday
25 million and counting!
i’ll give to the fainting goats that an animal that needs help 🐐😳
40 mill and up 250%
30 million here. want to hit that 100 million
41 mill and adding every weekend 10 mill
115.9 million shib right now. overshooting the moon and aiming for mars!
41 mill and adding 10 mill every weekend
i bought more and hodl
after reading through the comments i just want to say it makes me feel good knowing that good people that only want to help are here. wish the best to everyone!!
86m bought in 4. holding 26m now, will hodl forever since i took profits already.
119 million, and still adding every month ❤️
225 million here. next stop: half a billion.
i'm on half a million. put . (it's now ) lol - but planning on picking some up to get to the million + mark and then shifting it out into my wallet for a few years.
holding 12m like a squishy stuffed animal
17mil hodling and buying dips ;)
i'm holding just 10 shibas. if this shit coin ever amounts to anything, 10 is all i need. save your money and just buy ten coins . that's all you need believe me
holding 64milion shiba .
3 m shib, i live in serbia, my salary is 200 e, but i bought more in future, sorry for bad english😃
i have 100 million
38 million. let's go!
246 million since 0.0000001 🚀 to the 🌙
i'm at 9.9mill :(
16m let’s do this
3.4m as of now... just paused my retirement contribution and channel the funds towards buy more shib
seems like fud and greed are drivers of crypto today
i’m holding exactly 10,000,000 shib
15 million and will buy more
just bought 10 mil!
240 mil at the moment.
me ! 20 mil
1.8b baby and still hodling with diamond hands.
do not worry about it... i'm holding until we reach the moon then i'm selling 10% of it... 👍
i probably should look at mine. i bought 30 million a while back for . would've bought more but the fees are stupid buying it
12m here, to the moon right?
1b holder here. 👋🏻
50 mill now! slowing getting to the 100 mill club! got my last 8 mill when we hit 75ish 💎👐🚀
locked 10 mil into 3 month crypto earn wallet, we here for the long haul
600mil down from 991mil
90 mil! and hodl
hodling at 30 mil. new to it all so beginners luck all being well 😂
all you shaking hands can y'all wait a month before cashing out. jesus fn alah tryna see if shiba is legit or bullshit but y'all keep cashin on 20 bucks and causing dips. don't invest any cash if y'all need lunch money.
proud owner of over 85 million coins
234 million over here. waiting for a good payday
238 million here!!! lets gooo 🚀🚀
39mil. spent my money at the top too. i’ll see returns someday maybe...
30m with a goal of 500m
i have 230 million and holding
30million shib and counting holding strong
73mill i’m here 🏁
i was 10 millions but purchase the dip. now i'm at 100 millions.
8.8 million, hoping this starts doggy paddling again soon :)
100+m shib here. i joined just 3 weeks ago and been buying on dips.
200 mill. i lost my job over a year and a half ago and have only been able to get small gigs since that time. would love if my little goose egg could get me back on my feet.
i’m also holding deez
newbie decided to take a chance a few weeks ago! holding 82m
115 mill. bought in march!
keep in mind doge was 0.0002 5 years ago. shib is coming for that ass.
i have 109 million and holding.
41 mil into it and more coming each week, to the moon we go 🚀
48 mill and growing . after i moon from amc half my gains are going back into shin! this is the way
10.4m here... betting against myself.
i have just shy of 11m coins.
to be honest 2000000000000 buy still hodl ✊
10.4 million and not selling until i become a millionaire! 😅
got in too high but have held throughout so hopefully it will pay off
11.3 mill here, 10 of it staked with crypto.com for 3 mos. no more 70hr work weeks if this pops, sooner the better!
250m here and holding strong.
hodling 58mil, and not letting go anytime soon!
hodling at 15m. stay strong fam. we got this!
hodling? no i keep buying!
21mil right here. i bought at 27
i am. not planning to sell em until it makes me a millionaire. simple really. in it to win it.
32m shib here and holding
14 million so far.
22 mill over here
25m here and on course to double...
28.1m liquidated my remaining bitcoin and dogecoins. shiba is cuter.
sitting at 65 mil, plan on hitting 100 mil within the next week. shibasquad
166 mill and holding strong!! actually buying more wanna hit 200 mill
i hade no idea so i hade to logg into binance an look. apparently i have 126 591 357.00 shib
34 mil here 😎
yes but its worthless when shib is in the pound
i have 50 million
dammmmmmm this is slow 🐌
same here, single father of 4 trying to have a good future for them
forget the who got a bigger wallet, we need to send this to the moon🚀🚀🚀
1m and a bit, so not me lol
57 mill and holdin fo sho…...
86 mill and going 💪🏻
blazin out 6 milli lol
holding 20m in nicaragua and want to buy more
38m here. i got them locked for 3 months on crypto earn at 2% for diamond hands
80 million and i'm not letting go!
10 mil looking to work up to 100 mil. just bought in 2 days ago. 🙌💎 in it for the long haul baby! daddy needs a lime green lambo!
12m here but just about broken even right now so hope and hold!!!
600 million. i hit shib early and made a decent profit but promised to never turn my back on her.
holding until end 🔚 shiba inu coin to me it people crypto big boy keep putting it down for us to keep up the dream
21.5m here, i need to buy mooore
holding 759 million here. when shiba gets to 1 cent 10 cents etc . i want to build a hospital and help the sick in poor countries where healthcare system is down
38 million shibas here
66 mil for me
i only have 4 mil
14m. it’d be more if i was a rich girl; honestly i’m probably spending too much on crypto already. like- there goes the vacation money. i hope it’s worth it one day, but if not, it sure is fun
30 mil atm. plan on getting to 100mil and riding the wave! hopefully we can all better our futures
i got 6.8 mill even if it gets to 0.10 imma sell half and hodl the rest...lol
i have 46 million, but i helped friends buy over 300 million in total, multiple friends of course… you gotta get your friends on board, no fun being a millionaire alone.
where can i buy?
i’m at 10m but i bought at the high…
i am holding 101million shiba
will shib go up again?
1 trillion tucked away in a wallet. says do not open until christmas of 2025
red 27 million standing by
gimme some i only have 300k lol
38mill plus 8mill staked
70m here! waiting, holding 😃
17.9 million 📈my goal is 100 million
265 mill gunning for a billion
been hodling 117mill and trying to get 1 billie before the moonshot!!! hodl gang!!! let's go
i just came here to see comments saying "to the moon" to the moon you mofos
2 million...go to the fucking moon with shiba
20mil here, waiting for another good dip.
10b here 🙋🏼‍♂️. hodling!
waiting on payday to buy another 30mil :( i want it to rise so bad but also stay low enough to get a decent price
118 million here bought in at .000007
should be everyone. good luck🚀🚀🚀 100 mil here
i have 37 millions! and i want more!
im holding 11 billion, does that count ? wish i had more
i have 78 million
23,000,000,000 also 500,000 dogecoin at .003 and amc 5,000 shares at 6.50, buts who's counting???$$$$$$$$$
65m for me brothers
40 mil here and hoping for take-off, whether that is in 5 weeks, 5 months, or 5 years.
had the fomo to my core... just got 100 million worth ...
14 milly here. haven’t sold since i bought in near the ath.
bought an extra 42 million on sunday. now i'm holding a little over 224 million.
i’m holding 600m right now … if it drops more during the week i’ll buy 400m to make it to 1b… and yea i’ll hold this for long term
25 mil and hoping to get more 😎🦆
have around 100 million shib. ***had*** 250 million that is seemingly lost to a fate reminiscent of the warehouse at the end of raiders of the lost arc thanks to a metamask tech issuen, all of which make me absolutely sick to my stomach when i think of the possibilities. got into shib real early and wish i'd have been aware of leash then as well. really believe in this coin and all that is goin on surrounding it. the possibilities are endless and those who sold their stash for what will be seen as a pittence will regret their choices. $$$$$
30m here, never selling <3
holding 140 million 🚀🚀🚀
i’m holding exactly 10m and like with -50%
i mean etherscan would tell you if you were really asking
i got 262mili... cant wait for this shit to pop off 😎
30m here, never selling.
64m here and proud!
that's like a dollar right? don't waste y'all's money fam
150mm... yeah. kinda went a little deep in this one.
30m! waiting for another big dip
2.4m shib here, feel like an outcast cause i have so little!🙃
i've got 15 mil
going for broke!! 17 million 🤣
34million here. buying dips still.
just 16 million and some change
yeah i got 14m shib. just holding strong. i believe another drop is coming i'm holding all my cash for that day.
80 million and hodling!!!
digital service development student holding 700+mill (got in at 0,00000007)
i have 262.8 dogecoin! yay!
26.5 million rn will be more soon trying to get to atleast 40 million!
close to it lol
one second someone had a post earlier i will try and find the link (new to reddit)
just over 40 million
14m on crypto(dot)com and 4.6m in my personal wallet.
just bought 5 million more. up to 20
roughly 3 billion here!
i’m holding 20 mil atm 💎💎🙏🙏
15m shibs, that cost like 10 dlls
what's a "million" ? \*evil laugh\*
100million and some change boys
105m to the fucking moon
31mil here and holding
7.5 mil and holding. bought at ath
why is the cdc app charging 2 sats when it’s been at 1 sat the entire time?
250 million hold so far
176 m and counting
500 mill purchased for 400 usd a ways back.
i'm over 20 at this point
i’m at 20 million 🚀🚀🚀
10.5 million at .00002, these hands are made of diamonds
just bought 6milly more today i’m fair amount above 15mil
4.5 but i had to like because i love the shiba community and imma get 10 soon ❤️🔥🥷🏼
currently 10.2 mil & holding.
31mil and still growing
17mil because my 1st crypto.com order didnt go through so i ordered again. day later i have 2 orders . shibarmy 💎🤚💎
20mil here. not much but we in there.
currently sitting on 18 mil
100m, apes only knows hodl let me get an ⬆️ for this
single guy here. i have 20mil.
16 mil and still buying more
21 million and growing
how about more than 100mil?
this community is so lovely & amazing - thats why i decided today to buy 500mil - lets go to the moon together ❤️🚀
i got 24 mill
20 mil and adding
i've got 8, but planning to by 2 more when i get paid!
53 mil at the moment. hope it explodes in a few years.
48 billion holding to the moon
30m on hold right here 🤞hopefully it will blooooooow by the end of the summer
really asking: how many will you be able to claim tax write offs for several years
20 million strong! buying more of it dips! holding all the way!
89mil might buy more
732 538 000 ;)
42 mill. holding i buy 500000 shiba a week and sink 20 bucks every pay check in.
im holding eactly 10 million
at 100mil holding and continuing my everyday life till we hit the moon
i'm hodling 11.3m shib 💪
3.9...that lost their value by 90%
currently hodling 18,111, 842 that i bought for 😁
sittin on 13 mil rn
got 15 million. bought on the drop last week
big ball’n on 33 mill !🍺🍺🍺🥃🥃
over 100 million here shibe brothers
19-billion and hodl. looking forward to shibaswap launch. to the moon!
holding 42 million hoping to retire early 🙏 shiba to the moon 🚀
224 mil as of today and still stacking
i'm holding 20 million shib. always use thisposable income.
only have 22 million so far
290 painful million shib here. holding for as long as it takes.
69 million here- contemplating a billion purchase
10m+ hodl'in and staking! nothing but up from here
a little over 11 mil! buying little bits as we go.
10.7 million here, holding till moon!
holding 100,700,100... and i bought at the top 🙃yes.i sent 1 ethereum over and converted it to shib. at this point. i’d like to consider myself a long term holder after doing so much research thinking i was “stuck” with all these tokens. now i’m just telling myself i have all these tokens and the price which i got them, on what will be considered a sale within a few months.
10.2m and holding strong baby!
60m here buying dips a little at a time and hodling
54 million 🔥🔥🚀🌚lfg !!!
682mil here plan to hit a billion on this dip🤌🐂🦍😤
i have 2 mil. but the way i see it is i spent 'm just gonna set on it and see what happens. if it moons and i make half a mil or a mil off of it than kick ass. if it does not and i make 500 off of it than kick ass! it was only 10 greenbacks.
380 mill here, just waiting for that 1 cent to kick in
77 million ! my goal is 100 million ! keep buying the dips !!! to the moon shiba family ... to the moon !
to the sun lol...
holding 2.9 billion :)
if it hits 0.01 i'll donate ,000 to my local found bank. you can hold me to it.
zero, lot more difficult getting them than i thought oddly.
where do you all trade shiba coin? i have fidelity and the anti christ (robinhood) right now but i am open to suggestions
i have 200 million
100 million here 😎
... and holding till my hands bleed 🤲🩸
i know that’s right!! go ahead preach…. however, shiba to 0.01 because this is the way.
210 mill and a future lambo
as a shiba holder i have to be honest and say this is starting to feel like scam people kept warning everyone about...this whole shiba swap and now saying they have have too do more audits...the point the prices raises and drops i could basically set my watch too it...lack of communication...etc.
20 mil here...wanna get to 50 mil...
got 500m and not selling. stand strong from cambodia
35 million here. working to get to 100 million
just over 10 mil here
so at current price, does that mean the 10m shiba holders are invested around the ,000 mark?
keep holding 2095 we'll all be rich
137 mill+ and holding
19 mil and more to gather!
76million shibs and still hodling
i’m currently holding 50m shibs... down more than 40%. i believe in shiba it’s just going to take patients. i think it’s going to take off after more companies add shiba coin.
i’ll have a billion after gme squeeze
im holding 69million! 69 totally in purpose lol
1,000,044,392 billion. a billi, a billi, a billi, a billi...
170,000,000 about ish... hoping to the billion if.
250mil, holding strong 💎
bought 113 mill coin today to add to the 30 mill i had let us go shib...
62 million and holding.
79 million and still buying
650 million over here and waiting to add back to a billion. already made 45k from 1100
holding 43m. to the mooooooon 🚀
24 million shib doge
29,000,000 here, haven’t sold any even at ath
✋🏾28.4m….i’m a new holder of shib—may 21
does 9.77 million count?
i knew i wanted to get in on this one. i kept buying numbers like 1300135, 8008135 im currently on 38 mil and plan to have 100mil and only if i can buy it in numbers like the above just for the fun of it😋 any suggestions welcome for any numbers like above- i'll do it if it is in my budget 😁
28 million and counting
my son and i have 50 million.
23.7 here. still feels small...😒
right here mah g - shiba gonna rocket 🚀
between accounts, around 450 million .
holding 30 million and i’m currently in the negatives 🥲
16m. just waiting for that rocket to take off. looks like i’m gonna be hodl’ing for a while.
9850000...i’ll scoop up more soon!!
42m and growing...on every dip...
265 million here 🙋🏻‍♂️
i’m tired of seeing these posts everyday who cares how much people are holding unless you’re trying to tell people to keep buying put some real info
17 mil here :)
100 million holding here!
this guy. 11 million at this point
i got 70 million shiba inu to mars🚀🚀🚀🚀🚀🚀😝😝🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
holding 113,000,000 but i’m going to get more soon
hodling exactly 10 million shiba and never selling, no paper hands here!! to the moon and beyond‼️‼️‼️💎💎💎
yeah i have 63.99 m holding strong
holding 21mil, probably gonna buy more
66,200,000 how’s that to the moon
also a single for currently holding 6.4 million will add more as soon as i can! 💰💰💰
14mil more. holding long for the fam!!
had 15 million, doubled down on the dip! not much but its something 🤷‍♂️
825m here, bought four times and average 0.000018
🙋🏻‍♀️,099,999,00every thursday and friday when i get paid from my 2 jobs i buy shiba. i’m a single mom with 3 kids and we want our own home, and money for when they go to university 🤞🏼
i hold 10 million
those of you that are not bots might as well throw your money in the trash can
22mil, buying every dip.
90 milly bag baby
14 million. will add .
42,000,000 here. thinking about doubling it.
36,823,207 in one account and 24,886,503 in another!!! holding to reach
i'm only 8 million
10mil here. i'm hurting right now.
100x but who needs food?
650 mil here and only going up
429m. i have something at stake here. let’s make this work! these drops don’t need to happen as much. hold at least to a level more than chump change! let’s go!
11.1 mill, bout 160 bucks. how do i get these coins off of bitmart without losing my fortune when it finally rips? can i just wait til its over a million dollars then convert to usdt again?
11m... should i buy more!?!
got 7, buying every paycheck. it's a small amount that can rocket very quickly.
230 mil here 🚀🚀
i got 20 million and wanna try to get 100 million atleast
i have a billion 😅 lol
2 mill here and holding
me and i’m stupid bc i bought it ath
australia checking in, let us moon this shit coin
i’m holding 100 mill
💎 ✋🤚 50m + here. i am not goin' nowhere 🤩🤩🤩
400 million for me
single mother of 2 boys. i have 3.3 mil and holding till we make it
have you ever tried to sit on one dog, let alone 10mil?
13.1 million here and holding
3 million gang where ya at 💪
blatant mlm. don’t buy any of it
38.8 billion. i lost a lot of money by not selling any shiba when it went to 0.000035. i plan to hold hold and one more time hold. not selling any shiba and every week buying 100 mil more. we will see in one , two , three years, when shiba will be 0.01 :). i hope everyone will hold too.
330m here adding as i can! let's see .01
jesus christ another shitcoin clogging up r. only saving grace is almost all of you are gonna lose money.
just got myself to the 10m level, it was ...
not too bad but 1.5 trillion
what’s the easiest way to buy?
20m! bought at the peak but been buying the huge dips lol diamond💎 balls 💎
[the henzi foundation]( holds more than 40 million shib. a sum of which is providing liquidity (to farm more shib...) on uniswap. our books are always open; [ [
32 mill and still holding!
35 million here. bought at the 19 "dip" i thought... interesting ride
14m here. . never thought i’d pray for a penny before in my life…let alone 10 cents, haha.
53m let us get it going peeps
check etherscan. quite a few sir. quite a few indeed
30 mil and growing 🚀🚀🚀🚀🚀
98 mil shibas so far
i'm at 8.8 million right now (and 1400 of doge, all dogs are good!). let's get it to the moon cuz we got room to grow!
buy dogecoin is better is almost hit a dollar , i don’t think shiba inu is gone hit a less.010 dogecoin 💰💰💰💰💰💰
have a small amount…. nothing too crazy 😏 general rosa 🌹
6.5 billion here diamond hands !!
60m and i’m ok w that
i cannot find a way to purchase it help
i have only 762000 🙁
student here , dont have a lot of savings , but i bought nearly 1.3 million , gonna buy 2.7 more in the next dip... 5 million is ma target
ascended from 2.9 to 20 million. whats the sitch with leashes for all these shibas?
i'm holding 110 million shiba
holding strong 💪 to the 🌙 36 mill!
18 million here! hodling on for dear life.
has the fees gone down? entry is pricey.
101 million and counting
14million so far. let's all be sure we're in this for the long haul. this would not happen in the short term. i plan to keep buying and hold for years.
about 12m here...damn gas fees suck though...hard to buy a bunch when the fees take so much of the eth when i swap
just underpaid and poor but own my own house. 6.5m counting
24 million for me 🤑
bought 0.0000003 and holding more than 500 millions
10 mill for me hoping for a better life.
22m here buying every dip
is shiba really going anywhere tbh?
holding 125 mil here ! staked on crypto.com for 3 months and have an additional 125 just chilling around unstaked
trying to get to 100m eventually, at 11m now
i have above 10m shiba.
can’t believe this many idiots here
7 million plan to make it atleast 10mil+ when dips again
me, shiba to the moon 🚀
340 millions shiba coins here
i have 1.2billion shib coin
holding 125 million strong 💎💎💎👐👐👐🚀🚀🌕🌕🌕 never selling to the moon we goo!!!
hodl 5,000,000,000 father of 4, i admire all of you, being father or mother and working hard for our sons future is something else, for personal gains or to aspire for better is good though. hodl till we reach the destination shiba army
guys if you own shiba coins on [crypto.com]( you can park your coins to crypto earns, crypto will pay you every seven days, choose either .50%, 1% or 2% to get paid i park my coins last week with .50% ( flexible ) an i already got paid 3,000 shiba coins. i might switch to 1% (one month ) to get paid higher, i plan to hold my coins for long period.
just bought 100,000,000 shib!! i'm in it for the biscuits 🥸
i’m holding 22.4m and will be buying more! 100m is my goal!
i have 25m, and will hodl!
7m here... cannot wait to be a millionaire :)
21milly here, please relieve me from this crappy job.
i'm holding 23.6m 32yrs by november now but single 🤪😌 due to i have no family members or someone to help me in anyway in life but i'm still looking for a lady but non because i am still broke 🙃
i hold 44millions of shibas. i am now practicing medication and patience now💎🧘🏼‍♂️
38 million and holding strong
how many holding well over a 100? ;) ;)
i hold more than 10m shibas. i also hold more than 50m and more than 70m...
280m lets go shiba!!!
250mil ftw. buying more friday
300m already and buy 10m every week
couple of hundred mill here.
12m here. i’m poor guys but nothing can take my hope away 💪🏻
10 million? i’m holding 100 million 💪🏼🚀
i’m at 7.7mil. will be joining the burn with 1 mil when i reach 10mil checkpoint then another 1 mil when i reach 20. i’m ready to be an astronaut
356 million holding since early may
3.7m for me 💪🏼
before i was holding 150 billion, with this big dip i no longer have 150 billion. when i go home i will post an update how much i have. 💎🙌
13 m here 💪💪
4m here, i think shiba will not be like doge, but i hope
550 million here 🙏
66.666.666 is the magic number...
i have 1.9 billlion
hodling 12,5m at avg 0,0000099€.
20 mil shib 💎🤚🏽
290 millions here and wanting more 🚀🚀🚀
been holding 14m for a while now. it’s been a rollercoster
42m here and climbing
12m units and getting more every month
holding 9.113.784 shiba inu ❤💜🧡💛💚💙
billionaire here - hope it will help me into a way better life in the next years 🙏
about 6.8 mill for me
22m strong. here's to hoping for a better future when it reaches, and if it reaches .04
8m here! planning to have more in the next week!!! pump it 🚀🚀🚀🚀
71mil bag and 950mil bag
24mil right now, really hoping it will go back up higher than what it was
23.6m and can we see .23 please :) much love to my new family the shiba army!
46m. looking to make it to 50 before shiba swap
based on all the replies, the next logical question is... how many single dad's are holding shib liky crazy? 👋👋
i bought 100 million when they were 0.000001
holding 8m strong will buy more next month.
823m hodling strong 💪🏼🚀
shib amount 40670578.840 i am hodl 📈🙌💎🚀
17m for the 🚀
144 million here in uk - hoping to put it up to 300 in june
16.600.000 shiba hodl 2023
i wish i had done what you young guys are doing now back ten years ago. i knew about btc,. i talked to people i respected about it back then and was told it was a flash in the pan. like a few of you here, i was a dad raising five children by himself. now i'm headed toward my 60's. if i'd just dropped maybe 50 bucks on btc and left it alone...
650 million initially, sold most of them too early but recollected most of them and now again 250 million 🤑
i did have 9.6 billion but sold a lot, original investment £100, withdrew . i’m now only holding 750m shib but will probably buy more before shibaswap
how many of you are holding the bag? 😆
50b and holding strong. am just waiting for the swap. will bury everything for . 🦴
yeah boi. 21 mill motha phuckas
i have 1,155,230,000 on metamask and 307,000,000 in hotbit from 14th march. later i bought in crypto.com and binance around 65,000,000. metamask and hotbit for holding, crypto a binance for trading. 🖖🏼🤘🏼
25 million looking to add 75 more
590 million and holding 🦊
just topped off the tank putting me at 50 mill this am.
i am broke after bear 🐻 time but still holding10 million ... hold be strong moon raising comming
yes, cannot wait to buy more !!!!
29,907,000 hodler checking in. diamond hands until at least .10
50 million here :)
16m and counting daily
45 mill planning to increase it till maximum 100-200 mill
10.654.408 holding strong. 🙌💎🙌
230 million here. going to get more soon around .000008xxx. and holding!
33m here. hodl strong
what’s that ike 10$
i’m currently holding 20m
2,67 bn... can't complain! jumped into shiba right before liftoff! 🚀
28m here...adding more and more.
we are hodling just over 72 million.
what’s the point of the numerous posts with the similar question?
i have 14 million... i'm not greedy. i just want this to hit a penny... take out my small 140k... buy rural brazilian property. that's my small dream. not asking for much at all :)
is 3 million shibas enough?
yep, thinking of adding more if i get a return from safemoon
i have more than 10 million for my 8 yr old twins...
27 million and counting
692 million and holding until the end !
me 60 million tuna get to a at least 250 mil
135m to the moon! 🚀🚀
180m !!!! ça passe ou ça casse
440,000,000 shib here my ninjas
up to 19.6m... hoping to get to 25m before price explodes.
27mil not selling until the moon
sitting on 123 million
holding 210000000...till death do us part
damn but where the single moms at? 😂🙈
what is the realistic target for this coin? i have 10m brought at 0.00002 and was wanting to try make 500k-1m off it if i could
im holding a little over 400.000.000 just need a penny or half
100 billion shiba dollars mwahhahahahaha
i got 15 mil. i wanted to wallet it but bitmart wants 2 mil fee to move it. wtf
~80million here. will add some more when i get paid at the end of the month.
i got 16 million i'm holding as long as i dont sell i have not lost anything yet
don’t wanna brag but i’m in that billion club 😎
only 15 mil...buying more every time i can
65 m and will add more !
19 million so far
22 million, going to moon or what?
800 million shib general holding strong 💪🏼
100 million minimum so when it hits .01 i’m a millionaire
i’m right at 10mil
37 mil. holding patiently
holding 100 mil, what’s up shibaneers!
50m here, for the moment, add more soon🚀
50 million! am i a whale?
167m here and not selling 💎✋🏾
35m. trying to get to at least 50.
106m with high hopes... they seem to be a solid team with a great plan.
i’m not. holding 5mil but will be adding slowly as we continue with this new project. i believe and will be a hodler
61m here been buying the dip
97million, my target next month is reach 200 million
30 million and change averaged down on some dips. would buy more but 500 is about what i can afford to lose and regret not putting in more if we moon lol
23 mil club here
i'm late but 20 mil and counting!
24.4 mil over here
i got in when it was super cheap... almost 68 million
i am holding 80 million
got enough to feed my family and a suburban of folks who new assistance. at this price. stock up and hold til it diamonds
i’ve got 283,000,000. holding till it hits the moon!
i have exactly 10 million.
94.6 mil and hodling
mine is 190m coins. maybe when reaching 0.001, i will release a half (need to pay all things and debts), 0.01 20%, progressively till . keep hodling, guys. i believe the 0.0001 by this mid year.
300k for a moment
i have over 700 million
135m on my pocket, to the moon
100 million. lets do this
have 5 million shib but starting to lose faith in it at present lost loads in it so far :? 😁
14.2m here. wishing all my brother's and sisters a safe ride to the moon.
i have my ten... even got a few friends in on it!
i just got my shibillion!
currently sitting little over 6m. currently living in a hotel due to the crappy housing market so i've had to stop buying because paying . i am just blessed that i have what so let us hope for that $. 01. on a side note what amount would you sell at and be happy with it? if it hit $. 10 which is possible i'd sell half buy a house and hodl the rest tip the $. 50 mark. this are possible numbers but much over that there needs to be alot of tokens burnt before i see it going over the $. 50 mark.
92mil, trying to get to the 100 mil this friday. maybe we need one more dip for everyone to be able to buy more.wishful thinking 🚀👩‍🚀🚀
10.6 mil and holding. pull out game weak 🚀🌚
got 30mil now. just gonna hold and possibly not invest in any cryptos for a bit. honestly put more in this month than i'm comfortable losing lol
with its current price, i guess 99% of the holders are holding more than 10m. the question is how many are diamond hands.
bought 11 million last night... i'm a crypto noob...watched a bityard video on how to buy shiba... easy pease. also doing their copy trading... let the crypto brainiacs' make me $$$
30m for me 😂
44 mill here 🙏🏽
203m goal is to get to 1b
can anyone please explain me if shiba inu is also limited like bitcoin ir if theres no limit on shiba ? also whoever created shiba, is it possible that he can just thissolve shiba and take all money ? sorry dumb question but i am still learning about different cryptos.
why is everyone constantly talking about 10 mil? i'm really curious becaus 100 euro would get you 10 mil right away. i have 10 mil but i do not expect it to make my filthy rich any time soon
👍🏻1 billion, 10 million coins. ,010,000,000 yeah i went all in. not done yet. using stock winnings to boost it.
so far i have 39 mil every other day put -
investing in cripto is a same thing as investing in stocks,to be more safe make your own cripto portfolio.so don’t put all your money in one basket.i have 132000000 shibas but this is just small part of mine criptos.
i got 10 million 😁
20m here. i think i got in a little late. 10m at .00003 and 10m at .000007. i could not help but curse myself that if i had spent , which is just two months ago, i would be sitting on a pile of .5 million usd as of may 2021! i missed the boat when bitcoin was selling at , hope i would not this time. gonna add 30m more and stop.
just under 10 million. 9.05 mil.
i'm currently holding 40 million, thinking of getting another 160 million
sitting at about 220 million coins!
50.5 mil here. and tempted to get more
holding 330m ! to the moon
me35 millions. plan to held them until my kid go to high school.
190 mill for me
36m here. i've cutting back on the coffee and uber eats, dropping on shiba when i can. hodl strong!! this is the way!!!
up to 10 mil after grabbing the dip today
i’m holding 18 million! let’s do this!
53,488,887.00. i just keep buying on the dips, just patiently waiting for shibaswap to drop! i see shiba hitting .000999993 after shibaswap.
i have 15 mill and feel like a lightweight
yeh bro 22 million shib here. sweet
i have 20,000,000 but i’m down hella!!!! not panicking but i wish i had more money to lower my average. hold for me!!! i’ll hold for you!!!
i got 10 million on the nose!
i am. 1 billion strong
just over 26 m here. hoping i could retire after it hits
13 mill here. holding strong
25mil, might double my bag next week on payday
250mil here and thinking to make it a cool 300mil during this pre-shibaswap sale
110 million here . i was talked out of investing in dogecoin back in dec when it was 0.003. by the facebook crypto experts.
11,000,000 here and holding...till pay day 🤣🤣😉
more than 10 mil here.
70 million strong and growing
same here brother. single dad with a son trying to make a better future for the 2 of us. i'm at just over 14m so far and slowly adding when i can in those dips.
7.4 mill for me and i’m in the same boat. buying dips a little at a time and hodling like a mofo
i respect that you're working toward the future of your children. i just had my first child saturday morning, and i spent time here and there in the hospital checking on shib dips and buying them lol. even if it is just a little here and there, i want good things for my son.
same boat different sea
at 0.00001 that is an investment of about .00 (just used that average for example), at 0.0001 that is 650, realistic goal and possibility, at 0.001 that is 6500 again realistic and doable albeit it will be awhile, then again the market can fluctuate like crazy and cryptos can skyrocket without much reason other than brand recognition and at times whales, but that is something else entirely. now reaching 0.01 you have turned .00, which is what a movie and a bite to eat going out costs nowadays, double for you since you got 2 kids lol, no thisrespect, single father of 1 here. long story short i believe shiba is a good coin to get in on for a real possibility of making money, it is just going to take patience but trust me you are doing good to buy in now at a crazy low because well at 1 cent you've got yourself a nice chunk of change, so imagine at 10 cents? you're setting yourself and your kids up for something that i'm sure will pay off in the long run, and at 65 bucks invested, more or less, that is not a bad loss even if it never pans out, but just give it time, hold, and we'll be rolling in it soon enough, i've decided i'm going for the 100 mil and well eventually the 1 bill mark down the line, little by little throwing in some cash while its at 0.0000 (4 zeros) and little more when it is in the 5 zeros, currently at 17 million. not sure what exchange you use but since its something to hold, should consider crypto. com apps earn system, can stake it (flexible, 1 month, or 3 months) and earn shiba for staking your shiba, at the 3 months its like 2% and flexible plan its .5% but hey anything to add up to your amount is good in my view plus 3 months am not bad considering this is something to hold. if its at 0.000009 throw in another 65 that is 7.2 million more, 8.1 million at 0.000008. rack up as much as you can and this is gaining in popularity and if it pulls a doge and shoots up, gonna wish you had more lol but either way we're making money just throw a little in here and there and let it sit, do not stress yourself out checking it constantly, you hear or see a huge dip across the market, do not panic and sell, panic and buy more! hahaha that is what i do.
21m. bought 7m when it was higher and 14m for the same amount when it was lower.
i salute you for that, your going to have a good future for your kids👊👊
this is the way to get more cash is to invest in the future
i hope shiba brings you endless extra cash
best way to go! little by little... i am in the same boat as well. still fairly new too. with kiddos to take care of... they are always come first. ❤️
to add its everyones prerogative but i see a lot of lambos and island talk and although thats great and all i hope some people set out to help others like the intention of this ecosystem was built on. i saw a post earlier about a teacher who chucked 3k and is working a driving job after teaching for his students supplies because of fundamentally corrupt and systemic principles that have been set in place by higher financial institutions to keep things like the education system under control. i'd love to see people donating part of their winnings whether 1k-1000000million billions to worthy causes. i'd love to even see encouragment in the community to start your own initiatives that you truly believe in! the world is an incredible place and we are in a very quick and mindful time period so let us all be patient and kind in the meanwhile 🙏❤💚 go spread some positivity today 💪
who doesn’t have over a million shib?
that’s some deep thought 🙏
you can stake shiba atm??
yes!!! all about the swap!!!!
where can i stake my shib
how are you staking it?
just hopped on board. 100 mil here too.
sitting at 100m as well... can’t wait to spread this wealth to those less fortunate
the regular waller does not earn anything?
bro even if it doesn’t i’m sure we on here could raise money to send your grandma to ireland id certainly contribute £20 towards it 👌🏻
this right here man ❤❤❤ apologies i was in the garden basically all day and lately it is been hard to keep up with the ever-growing community! i want to say best of luck in your studies and career!! its a very noble under appreciated crucial role within our society! what are you planning to study? i'm very hopeful that even if it takes an incredibly long time i'm sure everyone can walk away with enough gain to help others! ❤
right there with you
that's a damn good number, millionaire at 0.001
that honesty is whats needed good friend ❤💪
i envy you, i only got 1.1
mr big dick over here. 😂 good shit mon
neither am i. done checking, hope to see .
just close the app and don’t check on it. i think within a few months we will see some nice gains. now think about a few years from now...
crypto.com best app ever i recomend anyone . the ggod thing about it i can buy shiba coin and keep the others crypton coin
heck yeah man nothing like spending and connecting with nature in the free time! glad to see your planning to give some of the winnings away my friend! hope you are having a great day! bless ✌❤
im at 300m and bought high too, spent over 4k 😅
i think it’s too impossible when everyone has more than thousands of shiba coins. it’s not like money will be flying out of nowhere. some people here are gonna lose money
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make that 10.6, now...😁
but holding 280 mil
aye but its worthless at which hour shib is in the pound *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
**4 mil, i only have.** *-dikchees* *** ^(commands: 'opt out', 'delete')
almost everyone here will be dead by 2095. but rich.
plus 2 eth 1000 ada 1000 doge diversify my friend
buy on crypto dot com
28.00 metres is 157.30 bananas long i am a bot and this action was performed automatically conversion table inferior unitbanana value :--:-- inch0.1430 foot1.7120 yard5.1370 mile9041.2580 centimetre0.0560 metre5.6180 kilometre5617.9780 ounce0.2403 pound-mass3.8440 ton7688.0017 gram0.0085 kilogram8.4746 tonne8474.5763
14.00 metres is 78.65 bananas long i am a bot and this action was performed automatically conversion table inferior unitbanana value :--:-- inch0.1430 foot1.7120 yard5.1370 mile9041.2580 centimetre0.0560 metre5.6180 kilometre5617.9780 ounce0.2403 pound-mass3.8440 ton7688.0017 gram0.0085 kilogram8.4746 tonne8474.5763
8.00 metres is 44.94 bananas long i am a bot and this action was performed automatically conversion table inferior unitbanana value :--:-- inch0.1430 foot1.7120 yard5.1370 mile9041.2580 centimetre0.0560 metre5.6180 kilometre5617.9780 ounce0.2403 pound-mass3.8440 ton7688.0017 gram0.0085 kilogram8.4746 tonne8474.5763
21.00 metres is 117.98 bananas long i am a bot and this action was performed automatically conversion table inferior unitbanana value :--:-- inch0.1430 foot1.7120 yard5.1370 mile9041.2580 centimetre0.0560 metre5.6180 kilometre5617.9780 ounce0.2403 pound-mass3.8440 ton7688.0017 gram0.0085 kilogram8.4746 tonne8474.5763
23.60 metres is 132.58 bananas long i am a bot and this action was performed automatically conversion table inferior unitbanana value :--:-- inch0.1430 foot1.7120 yard5.1370 mile9041.2580 centimetre0.0560 metre5.6180 kilometre5617.9780 ounce0.2403 pound-mass3.8440 ton7688.0017 gram0.0085 kilogram8.4746 tonne8474.5763
46.00 metres is 258.43 bananas long i am a bot and this action was performed automatically conversion table inferior unitbanana value :--:-- inch0.1430 foot1.7120 yard5.1370 mile9041.2580 centimetre0.0560 metre5.6180 kilometre5617.9780 ounce0.2403 pound-mass3.8440 ton7688.0017 gram0.0085 kilogram8.4746 tonne8474.5763
13.80 metres is 77.53 bananas long i am a bot and this action was performed automatically conversion table inferior unitbanana value :--:-- inch0.1430 foot1.7120 yard5.1370 mile9041.2580 centimetre0.0560 metre5.6180 kilometre5617.9780 ounce0.2403 pound-mass3.8440 ton7688.0017 gram0.0085 kilogram8.4746 tonne8474.5763
50.00 metres is 280.90 bananas long i am a bot and this action was performed automatically conversion table inferior unitbanana value :--:-- inch0.1430 foot1.7120 yard5.1370 mile9041.2580 centimetre0.0560 metre5.6180 kilometre5617.9780 ounce0.2403 pound-mass3.8440 ton7688.0017 gram0.0085 kilogram8.4746 tonne8474.5763
20.00 metres is 112.36 bananas long i am a bot and this action was performed automatically conversion table inferior unitbanana value :--:-- inch0.1430 foot1.7120 yard5.1370 mile9041.2580 centimetre0.0560 metre5.6180 kilometre5617.9780 ounce0.2403 pound-mass3.8440 ton7688.0017 gram0.0085 kilogram8.4746 tonne8474.5763
200.00 metres is 1123.60 bananas long i am a bot and this action was performed automatically conversion table inferior unitbanana value :--:-- inch0.1430 foot1.7120 yard5.1370 mile9041.2580 centimetre0.0560 metre5.6180 kilometre5617.9780 ounce0.2403 pound-mass3.8440 ton7688.0017 gram0.0085 kilogram8.4746 tonne8474.5763
im holding a dram ov'r 400. 000. 000 just needeth a penny 'r half *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
and no plans to sale 👍
150.00 metres is 842.70 bananas long i am a bot and this action was performed automatically conversion table inferior unitbanana value :--:-- inch0.1430 foot1.7120 yard5.1370 mile9041.2580 centimetre0.0560 metre5.6180 kilometre5617.9780 ounce0.2403 pound-mass3.8440 ton7688.0017 gram0.0085 kilogram8.4746 tonne8474.5763
**hrmmm to get to 1b, 203m goal is.** *-vrsalazar28* *** ^(commands: 'opt out', 'delete')
single dad of 1 daughter here. holding 33 million for the moment. hoping to add more soon
if your youngin is still little i suggest btc or eth or ada, they are all more or less guaranteed to go up by substantial numbers in the next 10 years. could easily pay for your kids college with just a few thousand in any of those now. i'd still take shots on some alt tokens like shib...but at the end of the day the alt tokens are the largest gambles where as btc for example is the closest thing to a sure bet in crypto. long established, has a halving schedule that drives up scarcity, and it is the most trusted store of value among cryptos as it is also the longest running.
hey everyone! please donate to me some doge ,it is for my dream. i want bye car, it is price over 980$. thanks a lot in advance! dg7hmy5usr8fcxelpdmmmp1ftvgkamiyvj
this is the way!!
please do not let the anxiety get to you during these time. the little ones are more important.
congrats! on your 1st child! :)
congrats, i just had my second 3 months ago. enjoy it the time flies by.
little by little we will make our families life better. keep strong brother!
just a word of caution for the new investors like myself and for people who only have let’s say 10m or 15m in coins. if you use crypto.com and transfer your coins to metamask (wallet) crypto.com will hit you with a 5 million coin fee. that’s huge especially if you only have 10million coins to begin with. i found at the hard way
father with 2 daughters !!! always checkin shib!! 🥳🥳
man please pass whatever it is you are smoking. .01 or .10 isn’t realistic. you are talking about 1.01 before all the burns can you imagine at .10.
it's 100% shit junk. you are all falling for utter bullshit
this is indeed part of my plan. i want to be able to support projects that benefit children, animals, and the arts and i wholeheartedly believe that one can have "too much" money. yes, i want to create a life for myself that i feel i deserve, and some shiny's to go along with it, but even my sathistic heart wants to leave an imprint that helps others.
i will be starting a chain of self supporting men's recovery homes! i myself was a homeless heroine addict for years and a men's recovery home saved my life, so in turn i will be paying it forward!
technically people that bought it before the donation is fully cashed out already spent quite a bit on helping others. if i made a lot of money, i would help people. several people in my family are homeless, so i would definitely help them get a home if i had that kind of money, i already help them with food and cash anytime i can though.
this is a great reminder to not let the greed consume you. i’ll admit i haven’t been thinking this way if my crypto were to make me a fortune. but you mentioning this makes me want to do something for less fortunate families and children. my so is a school psychologist and the stories i hear about kids living situations. no need to hoard wealth when there’s a lot more people that need it more than i do.
i’ll get an electric lamborghini
if i make some serious cash from these crypto speculations i’m all in . first my family gets help, then i go out and will help orphans and etc. i do it now and i will continue. gotta be greatful for what you have right now regaedless
great idea! but first i would help out my family and close friends...
i agree with your thoughts, thats why i threw some money in bwc token's direction. they want to change cbd. a lot of people bust on the coin for it...saying its shit. i threw money at it to help their cause really, not alot, about . two bar tabs worth! and ended up with 400b coin that continues to gain coins through sharing models every few days. it probably wont go anywhere. but hell, someone is trying to change the world for the better -- and thats why i supported them.
i would be happy just to get the money back i put into it. at the rate this seems to be going.
i plan on starting my non-profit debt collection. instead of going after people for the remaining balance, i plan on forgiving it all.
i'll definitely donate to the wall getting finished and to all america first projects and candidates.
holding 35mil right now
i believe its cultivated. i grew up in a very static family... they worked a lot and weren't very present. my best friend cultivated this mindset within me and it was such a blessing so i believe its about how you perceive the world. you the user are the starting change so it always comes down to being honest even at your worst because we are all in this together on a sliding spectrum of understanding! constantly learning and constantly teaching. what i enjoy so much about this community is the different perspectives but generally speaking the ability to tolerate one another and being honest within our opinions. it feels like in a trendy world where everything is the next hype its nice to see some like minded individuals within this community ❤ i didnt mean any shade towards the lambos everyone may spend how they please i just think we could all be more mindful within our daily lives about spreading degrees of positivity and love. not everything needs to be in monetary gain...there is incredible gain in being kind and giving to things bigger than yourself with no thought of any reciprocation! think about if even a percent of us make serious money how if you help x amount how many people they could possibly help down the road. i believe its the law of numbers it states something absolutely astonishing like it only takes 7 different individuals and the individuals they know and so forth to know everyone in the world... all like 7b people? how insane is that?! think about it if you can truly promote healthy positive change within a few people and they can instill these principles within themselves and others. we could do some serious change for the environmental and deep infrastructural issues that are impacting the world from that interconnection and understanding i think we are all searching for!! i actually need to head out for the day the last few i've spent more time connecting online than i ever have and i need to find the balance within work and life so take care everyone and ill talk to you guys later! thank you for letting this space be an outlet for free thought and opinion! were all different but we are in this together 🌍🌎🌏❤
yessir i have a large portion in .5 flexible stake in crypto.com! i unfortunately before understanding what shiba swap was dropped all but 30m shib into a 3 month but no stress at all because i just purchased more and staked them at a lower % in which i can pull out anytime and move to shiba (aftrr a small fee) so im just patiently waiting for shibaswap 💪💪
patiently waiting g 💪💪
the earn wallet earns 1 or 2 % depending on how long you lock you funds in for. so 75 mil shib with 1% apr, should bring about 750,000 shib, for just letting them hold them. if your not planning on selling, you can earn extra shib, for doing nothing but guaranteed holding...by locking them up in a earn wallet. throw some shib in, hold, make shib as profit.
as awesome as that sounds there a ton of logistics that would have to go into it, and without a stable financial situation for multiple parties it just wouldn't happen. finding a way to get her the proper medication she needs for pain management in of itself would basically all but require me to have a conference with the dea. i am grateful for the thought and the fact that the internet has decided to become more positive in recent years does give me a bit more hope for the future.
mathematics. always had a knack for it and all my siblings had learning thisabilities specifically in math so i had plenty of practice helping them, few yrs later and they are on the honor roll and i could not be prouder of them. just hold and pray and it will all be okay
agreed... but considering we have yet to break 0.000035 yet, i think it will be some time before we ever hit 0.001, but hey it would be nice
will never get to that. they have too much in circulation sorry. this is not like bitcoin
got in at 7 zeros so it wasn’t a big price tag
yea i’m over 5k lol it’s good i’m a believer 🤣
biggest gambles but also payout the biggest gains if they hit and since vitalik burned his stack and the total supply is cut in half, people should be bullish on shiba, especially since shibaswap is coming with the ability to stake which will be a game changer for shiba. i definitely have over 10 million and hodling!
i do have small amounts in all of those too. i'll just let them sit and see what happens.
believe that we have something good in our hands, its have a cap, there is a limited supply, if we diamonds hands, eventually we will really become rich. dont be pussies, we hodl
can you just keep it in crypto.com and be fine
could you get around this by converting to usdt then rebuying on uniswap? obviously not something you want to do in a pumping market but when the top is in you can sell then buy lower on another exchange.
don’t buy shib on bitmart either. they charged us like 10million to move it to a different wallet. bitmarts ßü££įt anyhow. shady af too
the high transfer off exchange fee is indicative of erc20 network congestion and will theoretically be much lower in future once those issues are rectified with new tech. staking in your platform for the long to medium term and dca in to build up your wealth is a good idea.
binance almost 5 million shib transfer fee too on erc20
so is doge but i made profit on that shiz coin
love to hear that g ❤💪 you do deserve nice things as well for your work and foresight!! i just think we are all trying to find the balance within the "too" much to do with and "too" little to start some of these huge changes and initiatives!!
this this this this this!!!!!!!
myself as well. i was an extreme alcoholic. spent 3 months there 18 yrs ago and been sober since. i have 10bn shib and when it gets to .001 i will build and fund a place just like i went through as there are zero inpatient or halfway house in all of northern wisconsin. i love this community. thx
thats incredible man! this is something so amazing and when it pops off i would love to also contribute to this goal of yours! ❤ very happy your here with us still jimmy 🙏❤ i have some very close friends that passed through heroin and opiate addiction so this definitely hits home 😢 edit: dont want to encompass only the negative. i have very close friends that have recovered from heroin 🙏🙏🙏🙏 i hope this coin will give you the ability to pursue this goal faster than you thought possible! 💪 have a great day ✌✌
god bless you for finding your way, i bet you have some stories! 👊
hey even if it never gets to a penny in 10 yrs i appreciate your effort you put towards being compassionate to others in need. hats off my friend ❤✌ if on the other hand it hits .01+ we as a community should agree to never compromise and make sure we all put a portion of the allocated capital into good positive causes around your local community and the world! one love 🌍🌎🌏
i think its something that is constant as we all go back and forth its just being mindful of when you lean too far it thisrupts the natural balance of everything! i want to give a shout-out to your so as she or he is doing an incredibly honorable thing! not only is the education system flawed but there isnt enough gratitude towards the teachers, school psychs, principals and everyone involved in these schools programs doing their absolute best with the minimal or maximum amount of resource they have! im sure you do but make sure to let them know that their time and effort is very appreciated even if they dont always hear it or feel it! ✌❤
now thats the spirit sir - best of both worlds with a tiny bit of compromise ❤
real edgy! anyways your entitled to your own beliefs as much as i thisagree! ill leave you with a twist... ill donate a portion, a large portion of my 140m shib in spreading love and awareness, call it an anti wall campaign if want! plus a wall is just a dimensional construct. after its built it creates stagnation and lack of growth as does much of the infrastructure of our great system we currently live in. think about how much easier it is to spread jobs and donations to migrant families around the world including at the united states border? what are you going to do? add more labor force and call it a tax? you yourself are going to pay into as well as our children... okay i guess? again its all personal choice im just saying the light will always shine through friend! take care ❤✌
you should donate it all to steve bannons scam fund and you might get your name on a brick.
totally agree with your view of the world. this reminds a quote of muhammad ali - service to others is the rent you pay for your room here on earth. i believe in these words🙏
got 40mill just sitting in metamask is there anywhere other than crypto.com
i bought at 0.000035.
yeah... i dont know man... i belive anything possible... but who knows... crypto is weird, lol. cheers though
0.001 is roughly bitcoin market cap
wooww 7 zeros!! i wish i would have known about it at 7. now we’re at 4...it will be at 2 zeros in no time!
incredible!!! i hope you take care of yourself, friends, and family! preach kindness and love! ✌❤
gives me hope with a couple of the shitcoins i own with 6.
45 mill here lfg
this was one of the nicer convos i’ve seen on reddit. kudos to you both. also single father here trying to pave a future for my son.
nah doge is real. doge --> coca cola ...shib ---> shitty super market off brand
agreed. there's nothing saying you cannot have it all, but a touch of gratitude and giving back to help someone else obtain the same never hurts, either.
thank you and may we all change the world one kind act at a time!
just a few, lol
i will let her know for sure. our government and our population have definitely failed our education system, i don’t know how we don’t understand how important it is to put stock into our future generations. i don’t know what it will take or where to start. but something needs to happen soon or our country is going to have to survive off tik tok dances and idiotic tweets.
excellent true american answer you have your beliefs and i have mine and if you can look past that we could be excellent friends.
first time i've heard of this quote! i love how much i'm still learning and growing from everyone and everything in our framework! 🙏❤✌
i'm assuming most bigger exchanges will take an apr % on shib as long as they care to and its listed. crypto, binance, a few recent exchanges have picked up the currency as well so maybe not yet but id imagine they will roll out staking asap! for metamask i only heard about this yesterday and still need to look into it so i dont want to misinform, sorry!
one zero at a time baby
i’m with you on that. i believe shiba will reach .001 this year.
only 200mil put 220, i thought about putting in a 3000
yeah be safe in the meanwhile
i'm in the same boat holding til .01 and ill likely sell like a quarter of my shib maybe less in small increments as to not lose out in either direction or the extreme. a quarter of the 140m and growing shib i have plus % returned from stake is incredibly large. no one needs billions to promote real change. i wish you the best of luck in your degree and career friend ✌❤
dependency is the key in governance. we've allowed corrupt individuals and greed to overpower what is morally right and wrong. for years we've depended upon a governed body that has not fairly represented us based on some misnomer that a higher organization understands what is better for the general public as if every situation across the board could ever be so black and white. i'm astonished at the simplicity behind some of the infrastructure because its just simply put absurd. imagine saying something like here is an organic product - most assume its not organically derived from a pyrethrin or specific tree for a micro organism - yet some of the omri approved products are clearly pushed for an agenda based on $$! how is it not so simple to say wow he or she isnt composting organically and using what the earth gave us naturally to fight off pests and different bacteria, fungicides, etc? would it kill you if you ingested the organically derived product? would it hurt the soil microbes? the surrounding plants? the extent to water and ground pollution? it's insane how far we have came with corporate greed and no real intervention. just for a few years we should be aware and think about the world around us and be as mindful to growth and new ideas as possible because stagnation is the lack of creation and without creatives we lose inspiration! ✌❤
i believe in everyone's rights and opinions as much as i thisagree... i dont control anyones perspective or narrative we all have free choice to make decisions so i think respecting one anothers views and having healthy thiscussion and competition is fair! peace and love! see you in a few years for some healthy campaign competiton friend! 💪💪
i hope you’re right, i really do, but the projections aren’t quite that promising. i mean crazier things have happened though.
not meant in a bad way my friend it cracked me up...
if everyone thinks and acted the same life would be really boring
sounds like a plan. have a few beers and a fun thiscussion. when we are swimming in money.
i know brother 😎
13 mil edit: purchased an extra . make that 32 mil
36.5 mil, med rare steaked on crypto.
holding 100 here. yes let’s make it to .1 and some more!!
i’m holding my phone at the moment…
,000 at the chance for ,000 is not bad… people drop more than that at casino games
got to hold your shib on a leash
i remember having 100k doge 4 years ago and sold them cheap i'm not missing the second chance shiba makes for all of us.
lol i’m holding 10,000,069. seriously.
holding 2 billion plus!!
145,000,000 in miami 📈📈📈
50 million. i want to get to at least 100 million. that’s a good place to stop right?
🙋🏻‍♂️ 95 million here my guy, not selling!!
30 mil but now i'm like damn i should have bought way more haha
29 mil. total dollars invested 30.
holding 112 mill. gonna hold even if prices hit rock bottom. will only think of selling after 3-5 years.
what's with all these stupid "how much you holding" posts? keep that shit to yourself. it just makes you a target for scammers and hackers
i think last i checked i had 14,000,000 shib
65,500,000 shib. was hoping to have 150,000,000 by the end of the year, slightly more expensive now but i'll push on lol
bruh, i swear, if this does a doge kinda move, imma run around the streets naked and t bag people
come through for shib!
i bought in at 0.000048 aud, then it kept going down, so i kept buying all the way down to 0.000009 aud, ended up with 88m, sold it all when i broken even then bought back another 10m about a month later and still sitting on that 10m.
118 million here! gonna get that cyber truck for my shibz.
80 mil over here
61m hodler not selling till .01+
10.3 mill here but invested wayyyy early so great come ups already
100 trillion gazillion here.
11,000,000 - not selling until i make ,000,000. i will buy that house dangnabit!
18 million and crying because once had 320 million and swapped for eth and others coins 😭
i’m at 29 million. i’m a millionaire at .04. even buying on the spike, i’m hoping the memes take off and this becomes a team shib vs. team doge kind of social event that makes it rise exponentially.
bought 8.8m only 😭. i wish i should have bought more
11.116m cause why not? worst case, i lost . best case. the moon. or at least paying off my debt.
35 mil here! let’s change some lives!
wait we gotta buy it
not to today... isis not today
i’m holding my stool in…
67.6 mill. just a little more for the 69
30 mil going to be a hundo mill soon
51 million here! 🤚
holding something like that but kucoin is asking half of it to transfer or exchange. that sucks.
i do not have much but i do have a little over 80mil
100 million here :) i should have bought more though before this massive spike. the last time i bought shib was in july 😭.
100 million here 💪🏽💪🏽
i stopped at 420,000,000, then bumped it up to 469,000,000 and then ran outta fiat lol. i did want to buy more, though. especially more leash... i got my first leash at freaking 3.5k (back when eth was only 2.8kish). luckily i kept buying on its way down till around .
only 7.5m here that i bought 4 months ago and promised myself i’d forget about. a
65m to be exact
700 million bought in april. this is my second bull run.
800m here i will sell at .01 only 15%
i’m sitting in pooper contemplating buying more…
at least we’re all holding something…i’m
70 mil here. come on retirement lol🔥🔥🔥
260,000,000 somehow i really believe in this coin, there is too much chatter and hoopla for shiba to be a nothing coin in the coming years...
i'm half way there! only got a few bucks here and there, i'm not an all-in kinda guy.
100 mil here 🐕
i was planning to sell my 11m when it reached 0.5 but honestly... i do not need that much money 😂😂 i'm not a greedy man, if i did the math correctly i should be getting around 1m euros if i sell at 0.1. money should not be hoarded by few individuals.
come through our shiba section to our community
got myself 13 million. hodl
i'm holding 8 mil. it's not much but it is what i could afford
just joined the 10,000,000 gang
56,494,109 ...feeling brilliant and stupid at exactly the same time. am i doing it right?
but for shib to go to 0,01 would mean lossing a lot of zeroes… maybe in the long run, but in this bullrun? it does seem crazy. shib would have to be a 100x gem
wait until robbinhood opens the gates ! 🚀💥
✋ we are about to crush this
92 mil! i missed the doge rush. didn’t want to miss this one.
13 mil. get this shit to 🤑
currently at 91 million
10mil but i’m thinking i’ll sell some amc and get myself up to 100 mil.
21 million. holding on
not selling at .01
14 million and counting
4 mil here :) it’s not much but hey
i could afford 40m, and holding for my retirement. i believe that it would not be that far 😊
100 million coins here
300 mil. will retire... in 3 years?
i bought a little over 60,000,000 shiba at 0.000008. :)
number 9 most popular crypto as of now.
18 mill and change, put in , , can’t believe what going on atm, have already taken original investment out by hopping in and out with other money on the way up
i love getting out of class just to see a massive run on shib!!!! (also anyone else's coinbase app down?)
these posts are really pointless
karma farming fuck off
why? so you can hit me on the low, help me valudate my wallet and give me 100,000,000,000 in return? lol
103m here. hoping we can eat a few more zeros…
rocking just over that at 16,000,000. i wanna see that penny so bad
42,069,420 lol bought just past all time high
61mil here. holding strong
20 mil staked at 1% for 30 days
isn't everyone holding 100 mill or more
200 millions holding and adding every damn dip!
✋ holding a meager 18.4 mill.
60m here...still stackn!!! [
50mil. come on, cybertruck!
40 mil here. i’m debating whether to add more 😖
i'm at about a half billy
haaayyyyy 💁🏻‍♀️ 27 mil
10x more than that. raise your hand!
yeah，that’s the truck i am gonna buy
56 here. and growing 😏
i’m at exactly 10,000,000. my hand is at half mast and that’s not all!
25 here i’ll make it 30 tomorrow
i only have 2.5 ;-; will i still make something, do i need over 100?
36mm. would like to get to 100 though
10.3! barely made the cut!
236.4 mill i'm going to the moon mate
900,000,000 and holding strong diamond hands
i’m only 6 million
just regret did not buy more while dip 🤦‍♂️ oh well, hodl hodl hodl
16 mill! will put more 🙏🏽🙏🏽
aw! i’m barely at 8,709,000 😭🥺
32mil, staked and growing!
i literally have 69,000,000 lol
only 7.5 for me sadge man
20 million but hopefully can get it to 50 mil and hold long term.
way more then that amigos! hodl!
i wouldn't sell. but a staking my shib is the dumbest thing i've done so far. why would you not want to have control over your profit for such a small return...smh
converting all my doge to shib for a little over 1 billion
49.5m bout a few months ago, diamond handz!!!
thanks to 🐕 now also holding
shib community for all!! happy to host everyone bless everybody! let us all get lambos :))
13m but i bought it at .000034 🥴
made it to 40 mill. i’m happy with it.
250,000,000 after taking profits yesterday.
2.2b and we’re just getting started baby.
230 milions and always staking.
7.4 million shib i'm not sure when to buy more which might be right this very second
i'm holding 125.500.000, and planning on keeping them for the next 3-5 years. remember: every crypto there is, had crazy highs (btc, eth, you name them), than fell flat for a couple years, than litterally skyrocketed in the space after this seemingly dead period. don't believe this is the start of a moon rise, in these days we're just aknowledging what this coin is capable of doing in the future. with the right implementations, recognitions, support and higher volume of burn ins, we can for sure hit 1 cent, but i truly believe we can aim for way more!
50m and i'm staking it all in binance, i suggest that everyone stake there shib
i actually have 75,420,420.69 shib
the only true number to hold is 42,069,420
22.5 mil. wish i had bought more when it was low but i'm happy =)
that's a really big if though. you might as well put "what" at the start.
10 mil club 🐶
just, with my whopping 10.5m holding to half a cent
25.7m purchased in may. gonna throw a little more in
this topic always hurts. i had 20bil but sold em in feb for a very small profit. holding only 500mil now and it is painful to know i mouse clicked away a million+ dollars. oh well, at least i am still in the game with my small bag.
holding 21 mil but selling all my doge when i make my profit back and buying more shib
20 mil. i'm ready for this ride, let us go.
46 million, wish i’d bought more while it was cheaper. the aim was to get to around 100 million and see where it went.
my friend sold our account i had 17 mill and 4 in mine now im stuck with mine. :/
1 billion here…i’m in for the long haul!!! hodl!!! this is just the beginning!!! liftoff!
yesssss 200 in the house!
i wish. i jumped on board after you, clearly. haha
same here i got 20million trying to add more before it sky rockets… i’ll take the 200k and pay off my debt lol
i'm holding 25 mil
i got only 5,000,000
holding more than 140 million.
270m and woke up very happy. did it even breach the stratosphere yet? keep hodling!
i have 22m. really want to get to that 100m mark. i know i'll keep buying anyway but that is a goal
15 million, hopefully more once i get paid lol
10m since 3 days. this was a good choice :d
1.800.000 here! lets go
i got 27m hoping this gets somewhere i bough about **!**
175 million here. most still staked.
we’re getting there! but of if it hits 0.01 i’m donating to a charity and keeping the rest to hodl and retire on
my legal middle name is “ten million shib”
i just bought 2.5 mil. nowhere close to 10m but i'm a proud hodlr of 3.37 mil. to the moooon babyyy🚀🚀🚀
yes i am sir !
i do not own any shit but that is about 10 cents right? just saw this on trending edit: i mean shib
why i've got 5millions and i'm rising my hand look 🖕
i put 10 (free ) euro in. i got 1.5 milion lol. i'll just hold it for 10 years. its 32 euro right now
only 12m here, should i buy more? 🤪
i have 10 billion
i wish i had more shib but i am broke :( lol
when shiba get 0,001 i'll plant 10 thousand of trees, together let us go to building the first shiba inu reserved park. shiba , shiba , shiba
wow, did not see the change. good post! i have 10m, and that is about !
holding 300 million only wish i bought more,but holding 400 billion of babydoge
12 million right here
oh hell yeah. i’m riding shiba to the moon! which is also where i plan to go with my billions of dollars
is it just be with 2million shibs and thinking im hot shot😅 kill me!
✋🏻 95 million and i’m holding till the end why don’t you all hold until we all become $$$$’m begging you buy and hold and buy and hold every week every 2 weeks every month buy and hold. my christmas gift list 1. shiba inu 2. shiba inu 3. shiba inu and holding .
been trying to work up to 10 million. i'm sitting at 6 million right now.
im getting more 😂
shoulda loaded up on some more last night holding till we explode through the moons core and blast through the sun!
for shib to hit 0.1... bitcoin right now is half the size of the crypto market put together, so it is huge. it is not gonna happen, ever. i put in 50-2 months ago, but i am not expecting millions.
only 6m cant afford to invest much but that is why im taking the chance.
i sold less than a day before it started climbing.
what's the average hold? i picked some up early in the year just to see, have not really looked at it. it went up and my holding has kind of hovered around , then well, what happened recently happened and seems like it about tripled. i have not really looked much into shib tbh...just saw a bit of an opportunity and sold enough to make back my original ...at the cost of about 30% of what was holding...but still, feels nice to know that everything i hold was a gift. i am sure if history is anything to go by...me selling this small portion will benefit those holding shortly ha
35 mil. not f ing selling. have amc too. just not enough to sell until moass. i’ll take my millionaire status from any and all directions it comes. thank you universe for allowing my thumbs to make the right buys.
hopefully holding enough to retire in 5-10yrs 😂
you all are delusional if you think this coin can hit .01. that would make this coin’s market cap over 3 trillion dollars hahahahaha. keep dreaming people.
are you guys all touched in the head? to even get it to 0.01 would be more than three times the market cap of bitcoin. idiots.
holding 800mill almost a billion 🤚🏻
i only need 1 million to get to 10.000.000, but i can’t buy no more, as binance is kinda cringe
i did not have alot of money to invest in it. i only got about 30 bucks worth but now i have 80. it's a small win but hey, it is 50 bucks. a win in my book. i will hold
hoge moon soon too
those are rookie numbers, i have 28,000,000 and that is not even a lot.
um 2.4 million does that count?
25,000,000 here. frustrated i did not buy at least 100 mil.
got 20 million here and wish i bought more of the dip a few months ago. this is crazy!
should i buy some shib?
80 mil biachiz <3
its definitely starting to get interesting 😁
holding a bit over 850mill. most bought at .000007. let's see .05, shit even .005 and i'm outa heeeeerre!!
18 million here :)
20 mill locked in a fresh 3 month contract
holding 150m here. avg price of. 0.0000085.
i’m hodling over 217000000 at 0.00000700 and waiting till it really blows up! i’m not selling for anything less than a cent.
100mil let us go!
boss man is that you??
bought it when it was way down. holy shit am i happy to hold it!
so can, someone explain to me what shib is i asked this 4 times on r
146.6mm. just picked up another 46 earlier.
i cam finally raise my hand at one of these posts 🙂🤚🏼
i do, and i just bought more.
holding 5.5m here, i have already earn so much haha
i think it keeps rising because the coin looks like a dog with a cone around it’s head. nobody can hear the doubters shouting to sell.
i guess not thisclosing the amount of crypto you have is a <2019 thing. great idea to create a public list of loaded accounts, they 100% will not get targeted by spammers.
only need a 50,000% gain to reach it next year!
15 million here hope to have enough for my daughter college.
how do i buy shib!
my virtual hand is raised. where will our millionaire yatch party be taking place.
i was holding around that if not more before covid took my work and income from me, then i had to sell some to pay bills. ofcourse the gain came after i was forced to sell alot of it off. fml. but, every days a new start! and shib has a long way to go.
50 mill and buying more...
10mil here - buying more today! lfg!
just over 4 mill here
277 million. let’s go!
50mil as of two weeks ago. i got in at the perfect time!
damn locking 10 milly at 6% on [crypto.com]( looking pretty juicy
15 mil here lets go
i'm holding 70 million shib , bought in at 0.00000768
30 million here. looking to get 70million more. i want a cool .01¢.
40m here. i dunno what to do lol
48mill, sold my (be red since purchase) now sitting on 20 mill, which i'll hold until i'm a multi-millionaire
212mill and 507k in doge, fwiw.
13m here. i want more.
50 million 😁 e: and will buy more!!!
50 million here! let's hodl!
holding to the moon. lets
150m!sold some eth to get some more too!
i mean i have 9.9million 😂😂😂
anybody remember the safemoon rally? are we lookin at 20x the next month or so?
i heard there is a crater on the dark side of the moon …it is in the shape of…shib!!!!!!!!!!!!!!!!
80 mil all stakedn and been holding since the first crash in may.
36 mil and growing
imagine thinking a coin with no use at all could somehow make it to that 0.01,000,000,000,000
holding 3b, we may get 1 penny in the future.
27,000,000 let’s goooooo 🚀
93mil can’t buy more till payday middle of the month.
now we know who the retards are
add 5 more zero's chief
i have 22.5 mil am i good to go? or am i soff
2bil baby made like 50k yesterday
only 4 mill 😓
i think i have 1
this is math is understandable
for shits and giggles how much did you have to put in to get 10,000,000?
✋🏻💪 hundred million long and strong 💪. hodl
3 billion shib here
if doge is the dollar then shib is the change. shib is currency don’t hold to buy fiat hold to buy other crypto with your change.
let’s show how the diamond hands shine ✨ to the moon 🚀🌙
got 52mill 3 weeks ago my original plan was 3k to spend on shib and i did not kicking my self now plan to stick around for very long time
17 million at (). i'm thinking this could turn into a .
a modest 30 mill
322,xxx,xxx here. cant wait to hit .1!
close! a few more recurring weekly buys and i'll be there!
11 mil here. i’m ready to party
damn i felt good with 20 mill until i saw all these numbers! lol
so question? does this have any chance of ever getting to .001 - .01 range? the supply is so huge. are there plans to drastically reduce it otherwise...how?
dumb question, but what was the equation to calculate the gains? i want to know it so that i can predict it with another crypto thank you.
this is dogecoin bis, hood and you will be recognized.
2 coins i love and believe that will follow doge and etc = shiba and safemoon.
🙋 been holding 10 mil since like july 😎
at 55.4 million. will buy another ’ll put me over the 60 million mark. goal is 100-500 million eventually
around 250m here. i bought 150m very early and another 100m at the end of july.
just over 30mil here 👐🏼
unfortunately i only have 7 mil, bought it abt 2 weeks ago
17 million. goal is 50 million
come through for technical analysis as well for crypto; we're starting to do ta's and pt's on shib as well.
114 million. but do we seriously think we could cash out anything if it reaches .01 ?
holding more than 10 mill...so when do you think we might see .01?
i need 2 lambos! not selling a single coin until then 😎💰💰
i had. but somehow by mistake it got converted to bnb when i converted low value coins to bnb in binance. i did not bought it back even if i have seen it after some time. now i have only 4.6 million which i had sent to trust wallet 😐
i wish i had more than 36,000,000... but let us keep it rising!
150,000,000 and climbing. i can sense another buying opportunity coming.
what about holding 3.4 billion with 1 billion staked?
holding 258 million here 👍
...shhhiiiiiiittttt... at .01 i retire for life.
26m shib here! still buying...
9mill missing a 1 mill that wil come in 2 weeks if not to expensive bc when you buy 9 mill for 50 euro it hurts to buy more now 😜
what’s the point of this ?
i had 400mil but sold last bullrun but still got 165million left
i got 93 million at .0000085 i believe it was. i have 62 million staked right now.
40 million, that i bought in at the beginning of september. i heard about musk's plans to share floki on his twitter, before he did so, and the news about the whales. i converted all my other altcoins into shiba, and am profiting nicely from it. gonna hold! funny thing is though... i tried to sell on the last high, cause i saw it dipping like mad, but bloody coinbase cancelled my transaction for no reason, so i missed out on rebuying in at a lower entry. i think i'll just hold now regardless.
only 40,000,000 but that’s ok. i bought at .0000075
way more than 10million...
i fell behind on bills lost my job. had to sell my 100 mill shib 😭. just bought 10 mil yesterday. never fucking selling again. those bills won’t matter once we pass ath and reach new heights.
stop selling!!!!!!! it is chump change
89 million here 🙏
just "hodl motherfuckers" just hodl
500,000,000 shib reporting for duty
gib sum shibs pls
119 mil. i hope it goes continues this upward momentum!
i just buy 10.01
343 milly staking all of it
70 mil here... staking and holding
had 1b+ at one time but “disney world” screwed me
one day the people here calling “50-60m shib” will have a nice retirement fund and the shib billionaires will be talking equivalent fiat millionaires. i’ve got my retirement fund secured ha!
17.5 million here 🙋
more then 10 mil holding and buying more!!!!! ive heard coinburn and rh listing see you on the moon
how much would 10mill be worth now?
🖐🖐🖐🖐🖐🖐🖐🖐🖐🖐🖐🖐🖐🖐 i’m on over 460 billion now!!
515 mil for meeeeeeeeeeeeeeeeeee
pretty sure if it hits .01 it’ll be the highest valued crypto
6 mil, wish i'd bought more.
1 million, hope to have more in the future !
i’m a little over 10,000,000. let’s gooooo
i'm at 115,410,421 ;) ;) just put a limit buy in for another . not gonna miss out this time.
745 million checking in. people were clowning me for trading my cardano for shib. i eventually want to trade all of it to eth, but we have tons of room to run here. i think we at least take over doge on pure hype in the next few weeks.
20 mill. buying more when i can!
only have just under 640k :( send me a post card from the moon
i am holding 18 million with a bunch staked on crypto.com which i still dont fully comprehend but shit is it flying
say what you will but we do have a threshold... i'm sure people are gonna hold and hold, but for some of us who have millions (and do not wanna be a corporate sucking slave), we are gonna want to take profits at some point... i recommend everyone at least get back what you put into it. so if you only paid 300 (for example) to get in, when it goes up exponentially, at least get your initial investment back. that way you're playing with the house's money, so to speak... always makes sense to make your initial investment back and still hold a significant portion of your shib...(or stonks, doge, whatevs)...
242.5 million and building!!!
12 mil and staking in crypto!
i'm around 175,000,000! ,000 right now!
100 mil and some change. let's go!
in september i bought my son 10,000,000 shib for !
i've been trying to buy shib all day on crypto.com and it says rate expired every single time i try and purchase, what a joke
17 million here. bought it all in may, still holding!
man i got it for my fud lmao. i even unstaked it. those small rewards are just getting bigger. thank god i aped back into bone when shiba launched on coinbase. sitting nice with that
854m coins here. bought last week, up 350% and hanging on for the long run!
i’m fuckin someone’s dad! shib❤️❤️🚀🚀🚀
76mil working on getting my bil! keep dropping cash. i’ve got a chunk held up in earnings. can’t get it till december. we hit december and i’m pulling all the doge to buy shib. long term is the only way.
i’m holding 106,000,000 yay!
how much would 200 dollars be at 1 cent? i got 14683883 shib
10,886,000. over here with no need to sell ever.
500mill here just need enough to pay off house and cars.
92 million and change. i’ve been in since before we hit our first ath at 0.00003972. got to say, it feels nice to be heading back that way.
right here bro, looking to reach 100mil soon. 25 mil staked. with 1.5 sitting in my wallet unstaked.
it would not get to 0.01 for at least two years if people keep cashing out their shib. stop the paper hands guys.
16 mill . chilling for now, i’ll check back in a year tho.
i only have about 7 mil but if and when this hits a penny i would still be more then happy 😊
yeah baby that is me m waiting 15 more years
holding 210 million. let go to the fucking moon
lets go everyone lets make a bag
at what price did ya’ll get most of your 1 billion, 42 million, 246 million etc etc coins at?! im only at 27k
just a small 24 mil and climbing here.
16 mil staked on crypto.com earning interest as we speak buying another 5 mil friday
hey why not .20 like doge or even more? a person can dream right? u never know?
holding 24m here 🙋🏻‍♂️
"it would be pretty sweet if we could get these 290k shibs to come over to pls and do degen things on our glorious new chain"
128.8 million! i’m excited.
450+mm here. just got in before the pump .00000762 net cost.
i have not even looked at my account and just saw im up 400%, fuck ya.
had to round up to 20mill
a tiny 11.8 mil, new to the game, but excited. hodling to the moon and back 🙈
23 mil, in since early september :)
270m here! i love you dirty apes!
17.32m hoping to change my fams life😌
as much as i want to see shib make it to a penny, doge never hit . who’s to say shib won’t dump at, say, $.006?
loss porn is fun to look at on wsb, when it is not yours and your wife is not leaving you over it. lots of chad's on wsb now, they make really nice dd videos to pump something they got super cheap to the herd of idiots. as soon as they bite they secure profits and run for the exits. classic pump and dumper. they do have some cool and funny videos on some of the moves they want you to enter.
300 mil over here
115m burying on the swap and stacking shytoshis. come on robinhood!!
will society accept as i have 0.9 million only
283 million shib. plan on holding until that becomes at least 1 million dollars
69mill just for the clout
bought in a grand today at .000025
chillin w almost 11 mil, just chillin
10,500,000 i like money.
shibi shibi 25 mil heah good for you the guy that sold amc and got new digs good luck to all!
i've got 40m. can't wait till it is 😌
13 mil. trying to get 50 mil.
*sir, reporting for duty, sir.* 🇺🇸
40 mil at 00000780
45.6 million coins here
holding 500,000,000 and my business partner is holding 250,000,000. 🗿
405 million shib here checking in
i'm holding 2mill but planning to increase to the billions soon
67,000,000 and waiting for .01
35 million...but it is a curse...i wear shib army gear and all the honeys in town would not leave me alone...as you know they say you can catch flies with honey but you can catch more honeys being fly.
who holds a trill?
10.5 million. i’ll sell when i’m a 10 millionaire. diamond hands
o/...473 million coins and holding
how do you move shib from crypto.com to other exchanges?
tbh, this is only the beginning. people selling and not realizing that there are a few billionaires out there that are waiting to jump in but want stability first, so they can get a better calc.
i got 41,000,000 and holding till it reaches 1 cdnt
16 mill for only a 150$$!!!
183mmmmmmmmmms of shib here.
right here, holding much more than that ✋
i’m sitting at 318,000,000 and i’m buying and holding!
+200m approx. i struggle with numbers.
i have 37,563,904.61485672. should i buy more?
10 6 milli bois
isn't this just more victim farming?
i’m sitting on 130mil shib
my first ever crypto, been researching for atleast a few days, noticed it was on the up and just kept going... wanted to dabble so bought my first 1m :)
192.5 million and holding.
several billions. just holding and watching
just bought 73 million coins. shiba army stand up!!!
i own 35kk actually. cmon guys.
how about now? lol
i have 17.5m coins. i will stop collecting at about 100m and fuggedaboutit.
had to grab a 100mm bag!
keep on trucking with shiba coin
i have more than that…
i'm close. i have 8.5 million. this has been a fun week. this is a great community to be a part of
bought 100m at .000009
i’m gonna make it rain on the whores in upstate nevada real soon.
22 million and counting every week. woof
barely over 10m. i've never been so excited about getting to a penny. let's go.
sup 64m need moar
80mm shib (had 160mm) but it is never gonna get to .01. i dont think .001 is even possible.
i sold my bitcoins at 1,200.00 each. got in at 600 each. sometimes cashing out is not the best strategy
only glad? is there a specific price you're waiting for?
14 mill. small apes matter as well
from today (the burning news we need!): the auto burn function, the presence of which was confirmed on discord by shytoshi kusama, a shib developer, could help propel further upward momentum in the coin. “we don’t need more listings; we need usefulness and, according to many, a significant burn,” said kusama.
holding 1 billion. hodl!!! this has just begun! don’t sell this is just the beginning!
185mil after another , yes, at a terrible point after a moonshot ...but i’m here for 5-10 years. just hodl motherfuckers. bought a vacation house with my amc profits. anything to defi the elite club. currently, i love this coin. and i’m not a financial advisor. just a retarded ape here who loves this coin. see all of you on the moon. 😘 (edit: i’ll be the naked guy in the lawn chair drinking pbrs) (edit - earlier to the amc game than most. call options for you few missing the point whiners. i’m still hodling all of my amc stock)
i am holding my dick at the moment.
yep. i find it hard to purchase anything now a days unless it is a need (rather than a want) since i know i could invest it and be way better off. shit, 9. rather save up for my freedom.
anything you invest in, coins, stocks, precious metals, basically anything that turns a profit is better than putting money into material possession since that new possession almost always begins losing value the day you buy it.
i need to stop going to the casino and play crypto more
need a life partner, sol? :)
this could’ve been written by me, word for word. exact amount & timeframe.
ayee 47 club lol
don’t be giving no lockness monster no tree-fity
for real! congratulations! i wish i had more, i only have 7 millions…
shiiit let me hold sumn
i hope shib gets to 'm rolling in it haha even just 10 cents i would feel old i'm rolling in it lol edit: ugh taxes though...
at least you have a sizable amount, i sadly have 10.5 mil
that's dope, i have 25mil with , nice job!
never give exact numbers
how so? it’s called ledger, etc. don’t be a moron. 2 factor immediately kids, and get your crypto in your hands from the get.
8m :) no worries! we are in there
i’ll still only be at 54mil
o yeah, and if it has not been said ad nauseum already... this... is the way...
i declined spending .10 each. that was a date night for me and especially because i was in highschool. i figured i shouldn’t invest in a currency only used to purchase drugs online. my morals were totally wrong yet again.
i had my app ready to buy 10k worth of btc after getting hyped from a netflix documentary on mining it. i called my cousin before hitting buy because he had just finished his degree in computer science and thought he would have a better insight than me. he said it was a joke and had already hit its ceiling. i didn’t buy. the price you may be wondering? !!!!!
glad that it has finally changed direction, glad to see i am now + and not - but reserved in my excitement to see if the robinhood news is a long term push and we do not see a massive amount of dumping where people are taking their profits and running and not riding this upwards.
everybody matters. life would be better if everyone gets that sweet, sweet moonpie.
you and i are the same
11 million, i am happy if shib goes to 0.1 1 million
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bought 1bn shib a few days ago already up 200% kind of ridiculous good time to tp
how does it feel to be next decade's jeff bezos? 🤔
don’t fucking sell. 1 billion shiba down ,000 not selling
bruh you sold amc already !???? wtf ...not an ape at all
well said i’m with you 100%
indeed, "hodl motherfuckers"... indeed
bruh let’s get real you fucked up
def not an ape if you sold amc
well put. when i quit drinking, i put what i would have spent fir the day, into coins. when i almost bought a ’t need (just an example) i put that into my portfolio. i feel the same way. yes, it might go up, and down... but in the long run it always goes up if you diversify. whereas that shirt might last a year before it’s trashed.
you will be a rich man
how much was it for 3b?
you can’t have any porridge if you don’t eat your meat
so many of us...
49 million here but i really need to get 20 million more!
33m edit: not sure why i'm getting down voted l legit have 33million...
and about that time i noticed this boy scout was 3 stories tall!
i gave him a dollar.
nice. i’m a first time crypto buyer and i think shib has drawn a lot of first timers.
good point. the future will be difficult to thiscern once rh lists this token. the regular rules do not apply. this is a “poor man’s coin”. that is, for those of us that do not already have ,000,000.00.
...it just tanked again
i need money to buy hair pie with
sell half, make your nut and hodl the rest
you bought at just the right time, i did the same so lucky haha.
got a vacation house and you hatin'... come on
your tongue spoke my thoughts
early in the game options, my guy. hodling all stock.
amc. that's over. shibu!!!
hahaha. quite possible. hmu after my 5yr timeframe though player. till then, uhhh, that’ll do pig.
it is already trashed if you soaked in sweat.
depends when he bought it. if it was jan. edit: correction it would have been . 30b would be .
well if you are in since feb, it did not cost more than 200 bucks
i upgraded yesterday guys - now 102,000,000!
for sure dude. youre on the right boat! this is doge 2.0. this is amc after gme. this is fb after myspace. google after yahoo. my wife’s boyfriend after me. it’s all the same.
yes i agree, i myself did not start to invest until june and i've been riding the waves since. good luck to you and your trading!
that's what i did. my cost basis is low enough i dont see us dipping below it.
precisely what i did, but sold less than a third at a total of 20% profit. so sitting on a free bag to infinity with 74% of my original punt in play! happy days!
bought another billion. it's like mitch hedberg said, if you want to own a billion of a thing buy shib.
dude bought a vacation house with his crypto money. how is that retarded? thats literally the crypto dream
your obviously not part of the amc movement
i’m not sure why your talking shit cause after all you’re the one that bought the high and i didn’t…dumbass. i have 500m 0.00000698 so lick my taint 👍
damn you might be a billionaire soon! lol move to russia to avoid taxes 🤣
much appreciated! good luck to you as well. may we all live peacefully with financial security in the future!!
amc is not a crypto brah
don’t need to be. homie came up, good for him!
welp. i couldn’t care anymore about your anonymous internet opinion than you should mine. you might want to see somebody about that off the charts, deep seeded, anger chief. leads to suffering. mmmm, transparent you are.
oh i read over the fact that he bought it with his amc money, my bad. still do not see why people are being negative about someone who actually made bank and used the profits to buy property
the whole point of the amc movement is to not be selfish and help your fellow brother ...so no he did the complete opposite…but many will just use our movement to make pocket change ...only the chosen few will stick around and make millions
because these people want to be the first to sell and get off the boat when it goes high enough. and anyone else profiting or selling off earlier, gets in their way. ie. they are just selfish douches.
amc movement is not about buying a beach home we hold to bury the greedy blood sucking hedgies dry for what they have done.
i kinda take it as all talk and shit. some people are just here for the talk . most accounts are relatively new. i caught a few users posting stolen screenshots from other subs and promoting them as their own gains. a simple reverse image search and looking at their deleted comments tells it all.
not selfish, just smart...that is the whole point of investing.
well that's just dumb ape mentality...smart people do not try to take down the rich, they try to become the rich...
i'm talking about the people hating on the guys who sold their shibs for profit. not the guys who are taking profit. because i do not believe in hodling. it's stupid. sell when high and wait for the crash and buy in again. we do not need shib to hit .01 to make money. u can make money from it going up and down between 0.000005 and 0.00001
yeah lol that dude doesnt know what hes talking about. as if anyone in here is doing this not to make money? it's all about the $, it is not about some poor dude fantasy of screwing over the rich. it's only about screwing the rich if their wealth magically transfers to your pocket. is it about making the rich poor, or potentially making yourself rich?
you got us in the first half ngl. haha
i guess you guys do not know how to read?? or am i the only one who gets the post?
for 2.5bil shibs lol 🤣
lol you had me at the first bit not gonna lie, shib army strong
you are a weak, weeeeak perso…... a clever person, a very clever person you are
2006 with 60k miles? what do you do, drive to the mail box and back?
so i understand that you may put more value on this. but it is a ford……2 million is probably the best price your gonna get. someone probably just wants to scrap it for parts.
lol this is the best post i've seen yet.
guys the man is selling his car to buy more shiba he is not selling his shiba
at least be original. you literally copied what another user said in the safemoon reddit.
got me in the first half 🤣
you had us in the first half, not gonna lie -meme
dude, fuck yes😂if i could do this, hands down i would
bro i felt my stomach drop good one
i turned 500 bucks into 1500 bucks in like 3 days and paid off my truck for 3 months and paid off another small loan i had ... shib pays the bills 👍🏼
your truck is not worth that much shib!
bad post for ape brains jsaying
bro don’t look i did sell when it was at 0000000000001 now i did lose like 3milllion dollars you can check my post about that…
not gonna lie, you had me that first half.
almost downvoted. gotta be more careful
why tf y’all mad at this post mans jus having fun ,some of y’all need to relax frfr.
! let’s fackin gooooo 💎🙌🏼🚀🚀🚀🚀
you got me in the first half. not gonna lie.
you got a clean title?
lol you copied this post from the safemoon sub it is funny though
what a rollercoaster of emotions i felt while reading through that post. amazing work
he had me at first too. thought he should change his handle to p*ssynyasty. well played, sir.
lol not even closet to 2.5b maybe 2.5million lol, jk no i am trying to sell other things to buy more also. this is the way!!
people just read headlines and titles...
had me until the last sentence 😁
that's basically what i said when i sold my bit coin for 50 to 300 dollars ,, sold my doge for nothing back in 2013 2014 , yes i feel like a fool now for doing just that because i would have tens of millions in the bank so i will hold and quit worrying about whats going to happen. who knows what tomorrow will bring but to each his own and the best of luck.
hahaha very well written!
well played. had me in the first half.
son of a bitch, took me 3 minutes but i got there 🤣
here comes the big dip!!!
better not sale one shib...
honestly, that post was a rollercoaster of emotions. 10,000,000% to the moooooon. well done, op. well done….
you're a fucking legend u
60k mikes ? were you using it for leisurely sunday morning drives with ya grandma ?
bro enjoy get your truck. you only live once
only 60k miles for a 2006 model? do you even go out?
more coins need to be burned. we almost lost a zero then it decided to stay. well we lost one so i do not mind waiting to loose the other. we're still on a good track
… lol i’ll pass
you son of a bitch…...i’m in.
thank you for your service soldier, you’ll be a general in no time! 💎💎💎
i sell my 2012 ram 1500 for 3b
you got me the first half there, that was a good one my brother
thank you for your service. this makes the hodl cult very happy.
you paper handed bi... oh...
catgirl to the moon 🚀 great community, great devs and nft’s live!
damn, that was a twist. lol 😂
i think you guys can make really good friends with people that bought doge at 0.6
good try but no one will believe you’re going to buy 2,5b of shib...
i love it amen brother ford suck anyways !
if you guys dont understand hes selling his truck to buy more shib!
kinda feel like a rip off… didn’t those trucks have huge frame rust problems?
what is this fud, ive seen this post 2 times from diffrent accounts with the same text
you had no patience to begin with. this is a buy it forget it thing dude. it's gonna take a lot of time.
i honestly hate these posts. at best it is click baiting, karma farming crap. at worst, it spreads fud for those that do not read beyond the title.
lmaoooooo this is to dam funny you had me feeling bad for you there for a second
thats what they want you to do
yeah shiba to the mooooon just hodl, buy and hodl 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🌛
lol i told you shiba fools that it was going to dump. no1 ever listens. stupid is as stupid does.
profits are profits at the end of the day!
stolen post. not original
k, but do not post about that shit it here kind seems like you want attention. 2.5 billion shares will not make a difference to the army gl with your future endeavors
im always worried when my ford might crash, or get stolen. better sell that ford, buy more shib.
only invest what you can afford to lose
i am selling my ford for just 599 million shiba inu contact me for more info ℹ️
that’s a whole lot of$$
i’ll give you 200k. send a photo of the title
fuckin aye! get those tendies while these paper hands are rushing for the door!
hahahahaha nice one! hope you sell the truck soon! 🙏
an used ford wow.
lol i've seen this post a million times in different ways. was just posted on safe moons too.
ohh 😯 i thought the irs was being thirsty lol 😂
so you’re selling your old 06´ truck for over ,000…?!?🧐
you got me too 🤣 lfg!!!
bro rn 2.5 mil shib is worth like ’s a steal 😂
for a second there, i was worried about secure my tokens were!
color? are you the original owner?
🤣 king level post
send me some bro
hahahah good one 🤣🤣
good one good one dud🤣🤣🤣🦾🚀🚀🚀
we have seen good resistance here. bye bye.
this post was just as dumb as the movie clickbait
this was a good one, i like this
good luck. see you next year.
was bout to light you up bro 🤣
jesus you had me going
i came here to criticize not just leaving it and coming back to some serious rewards. but you got me. good stuff 😆😂
4 door 4x4? only 60k?
only 60k miles, bro what did you do to those miles?
is that so low value that car?
and your getting ripped off by the way if your paying 2.5b shibs for that truck you must mean 2.5m shiba
sorry to here this bro health is key 🔑 if you can’t you sweat and it it’s maybe not right for you.
does anyone actually read this the way it’s written 😂😂😂😂😂. he said he’s selling his truck for shib. it’s a joke everyone.
will you take .1 million shiba?
what state are you in? lets auction it off at manheim
not gonna lie, i’ll buy it…
you would have to kill me to use my shiva on a ford
i give yo 50 million jajajj
nice! buy and hodl!
lmfaoo, my brain just unloaded all the shit i was about to say on your post, i agree time to sell 👏🏼
u scared me lol
206 f150 for 2.5 billion shiba no thanks best i could do is 100 million shiba 😜
some people just don’t have the somatic to invest
that’s brilliant !! 😂👍🏼
i just got it and delete my oem post lol let go !!! im sell the wife kids and dog
good luck to you, i sold at ath made 91k 🚀🚀🚀
i’d look check a later models or even maybe a dodge
he's asking for a pickup truck to carry all his shiba profits... easy 👍
fwiw, posts like this do not do us any good. those who are invested and get the reddit notification, all they see is the title. in this case, it is super thiscouraging.
go for it brother!
,000; you must be really proud of that old ford.
that's a lot of shib!
that's one expensive 2006 ford sheesh
not gonna lie, you had me in the first half.
got me there for a minute. downvoted immediately and then upvoted after i finished reading.
i fuckin love you!
some one wants attention
big sharks want us to sell all we got, don’t fall shiba army…stay strong.
a 2006 and you only have 60k miles on it?
,000 that’s pretty expensive. 200-250mil shib would be more reasonable assuming it’s in great condition.
good for you my man. enjoy your new truck. that’s y you invested in the first place.
seems like a post i saw recently on the safemoon sub
he was joking. however, clickbait like that will send less click and more to their wallet to sell. y’all gotta stop joking in this market.
no instant money me sell!!
man i was like what the heck!!! lol
and this is the way!
full on loled at this...
buy the dip then next time shib goes up get a lightning. those will be better for your carbon score.
just bought some more on the nice dip
not gunna lie you had me in the first half.
good choice, i sold my hyundai elantra a few years ago to buy eth. very happy with that choice ☺️
i get it, depreciating assets are a drag. this is why you hear long-term wealth say lease, do not buy. i have a 20-year-old truck, paid off a decade ago. would i like a new one, sure, it is worth me spending 70k on it and watching it depreciate into rust...nope. if i put that into crypto, be it bitcoin, eth, and shiba i should be able to turn that 70k into 950k in 10 years (conservatively estimate). nice.
son of a bitch got me
aw shit you had us worried for a second goddamn, that is good though you had me going.
hahaha! i was like. this dude is really complaining about a 1000% jump this month…. jokes on me! you weren’t!
lol you got me right to the end!!
i hope you sell your truck! 💎👐🚀🚀🚀🌛
hahahaha had me in the first half ngl
yeah, buy a chevy
if that happens to you it is because you never understood what shiba is and its power. good luck l
you scared me! 😍😍😍
you had me in the first half. 10!
omg, good thing i read until the last line
byeeeeeeeee. we’ll see you on the most regretted stories. if you can’t handle a few weeks of this, that is probably the best option for you. this is a long term investment, not a get rich in 2 weeks one. we have a long way to go, but it will be worth it for those that are patient. edit: aja i see what you did there. 😂
yikes dude, private party kbb value for standard options 2006 f150, at most is 7.3k. i guarantee no one will buy yours for 150k
fuck me that’s an expensive truck
don’t buy a ford
that would be so sad if you wanted your earning on a ford
hhahha...i was worried for you at first
this made me lol. well done sir
buy a lottery, youll win tonight.
you’re a player and a gentleman. hodl strong
i see what you did there. this is the way.
you had me in the first half, op. not gonna lie.
ngl, he got me in the first half
too many people here dont actually read the posts so this headline is gonna freak people out! lol
i did what most probably did... read the header and said "fuck this guy" then remembered to be patient and read on... and all i can say is "fuck, this guy... has personified "this is the way!"
i would buy that for 500 million shiba
where you located i’m in the market for a truck
omg u had me :) thanks 4 laugh
if i had a ford i'd sell it too hahahah 🤣 hold the line army
how about i trade you my dodge instead?
imma give you 3 fiddy for that. and a ice latte. best i can do.
most people wouldn't have gotten to the bottom of this before they freaked out and sold... stop scaring the newcomers or at least add a humour tag
on the other hand i'm glad i sold at 73. to be honest i tried shorting at 70 with 10x leverage but kucoin wouldnt let me lmao. could have made a few grand from the ,000 i would have risked with it
do it! profit is profit.
nice truck to be selling. you can easily get 200k miles out of it
and the winner for best shib post of the year goes too...
damn had me going in the first half ngl
ahhhh… i see what you did there
haha ultimate trolling well played
this post should be pinned! proud of you brother!
795 mill shib final offer
this is the future! using crypto for everyday purchases, automobiles, houses and food etc 💯💯💯
lovely car i did sell my porsche but not my shiba
lord you had me
hope you get a brand new 2022 ford f-150 with a brand new home to park it in
the get out and dnt come back when it starts rocketing up
i hate posts that cry karma, you get a downvote from me.
ok next time i'll read the who thing lmfao
i love the amount of people that read this post wrong lol
can’t wait for my next check to buy the dip
saw this same post in the safemoon sub.
yeah get rid of that junk hahaha
no offense but wouldnt waste 2.5b shib on a ford 🤣🤣🤣
well played sir. well played.
got us good! that's why i call everyone a shibber lol
you almost had me there… 😅
jesus. people make decisions and stupid moves without even knowing the facts. wtf!! i am fucking holding.
i’d take that deal
a 15-year-old truck with only 60k miles? okay. i know you’re fos.
i do not wanna be bag holder sorry families
super sale at 59
ohhhh i got it. note: i took me 5 minutes to understand 😬
can we not with these posts? like it is funny but majority of people are just gonna read the title and think this dude is just spreading fud
we are about to rip!!!!
😂 😂 😂 you almost got a downvote!!
that’s funny, but you know a lot of people won’t read that to the end or even open the post, so to a degree these gotchas have the same effect as real fud being at the top of the sub. that’s clear from the comments at the bottom of this thread.
1999 called they were looking for this joke. glad you found it
fuckin awesome, bro! 😂
that's pretty low on the mileage for a 15 year old truck.
hey holding is hard. i put a reply up 10 days ago i called the floor at 4800 to 5000. we are not far off that. but there will be a surge again. it a process. other crypto is do8ng great. last 4 days made 1500 off selling the spikes. so all good here 41 million j7st bought more. i think i will buy another 2 mill if we fall to 4800
then get the f…ck out and quit your infant crying. who gives a sheet what you’re worried about. leave and be gone…. like your naz will treat you any better. pussy had a drop… move on.
i was going to thank you for the dip! 😂😂🤣👍🏼
ngl, my hand was hovering the downvote button.
okay this one fucking got me! you had me till the end, even after i read the last part i was still like "paper hands" but you sir got a soul of diamond!
beautiful! sell one that depreciates in exchange for something that appreciates a thousandfold. you are epic!
this made me laugh. this is the sort of guy that shib needs to reward. it’s a rough patch but those in it for the long haul then know i’m still here too.
lol it is a ford dude, it is like trying to sell squid for shib.
i had to read twice lol to get it :d high five
crap just sold my 50 mil shib because you said you’re selling !!
crap just sold my 50 mil shib because you said you’re selling
saw almost the same copy and paste post on another safe sub who wants to go to the moon. lazy karma farming going on.
the doge is ready
im so happy for yall. i got out due to having to put a lien on a customers property and bills coming.my sadness is immeasurable , but i am amped on all you diamond handed champions. i will get back in soon.
is it a super duty diesel like my shiba? askin for a friend.
why does everyone need to announce their exit
buh, you're expecting to much for a ford, im sorry bud.
he had us in the first half
ok i admit it... i had to read the whole thing twice before i got it!
you’re all idiots for upvoting this. it’s tactical fud- most people will read the title only and keep scrolling. psychological warfare. this is likely related to a whale or group of investors who have sold and are now shorting the coin on the way down.
sell quietly. no one wants to hear it. ' edit: my bad lol read that wrong
i hear that brother make that big money with crypto not a vehicle 🚗
ford - found on road dead buy shiba. 🤣
that truck am not worth no 2.5 billion shiba btw
we understand. shibas retaining those with real balls, that’s what kept shiba up... thanks for bailing off. wohoo.
had me there for a sec lol, need more of these on days like today.
bye bye car, bye bye money, bye bye shibstain
how the fuck you gonna have an ‘06 with only 60k miles?!
you had me at hello.
a ford? maybe go ask the doge guys…
everyone just hold for now... there are always peaks and troffs with investing. wait for the robinhood listing at least before selling
2.5b? little expensive for a 06 brother
that is a great mile count. pm?
shit i missread to... he needs to be more specific!!
sorry but your 2006 ford f150 even with 100,000 km is not worth ,000cad
broooo!!! had me worried there for a sec 😅😅😂
good, but someone did this already
don’t sell you will regret! robinhood has been silent on shib until today. it’s must be a market manipulation play robinhood is loading up to release shib?
you had us in the first half not gonna lie
no need to tell everyone here
thats awesome! this is a great idea! and where else but here to do it!!!
you had me for a second lmao, good one 😂
i cannot wait to buy more... keep selling you bitches!
that’s gonna be a million dollar truck
i pretend like i'm running down steps (candle stick steps)... every 5 steps down on the candle chart, i buy another 20 million. today, looks to be about 20 steps and 80 million... wooooooh i feel fit!
yo ill buy the engine do you got the 5.4?
lmao you sir wins the internet today.
you’re worried about a crash or it getting stolen?? man dude…if it’s a triton, timing chains, spark plugs, iwes, so many other things to worry about!!!! 😆
i must have done the math wrong cause that is either 150k truck or 15 grand...i am in confusion as the value of shib always changes 🤣
this was a good read
too much coin for a 2006 ford anything
patients my little puppy 🐶 you will learn.
ok well just send me your coins
ahaha oh man i needed this today. fucking funny
honestly had me at first. but i’m glad you got rid of that piece of shit ford. not even ford techs at the dealer want to deal with the bullshit problems those vehicles have around that gen. especially the dieselssssss.
such a great post.
you had us in the first half not gone lie
he had us in the first half.
people do not read. that's a given cause if they did, fud with shib would not be a thing and we would have eaten a 0 already. there are a ton of fud articles about shib crashing and they get scared. nobody zooms out to see the bigger picture to see we are still up by a shit ton from before. i came in shib when the market cap was just a little bit over half of what it is now. we are a lot higher from before. at this point i'm treating shib as a stable coin. that's how much trust i am putting with the devs. ' well the market for crypto is kinda down anyways cause of squid...which is weirdly going up in value again. like who the fuck are still putting money on that rug pull?
2006 only 60k miles?
now this is just about the best damn prank of all time! there should be an nft of this 😂
great post. however 2.5 billion shib is kinda high for that truck. that is ,000.00 for a ford 150 2006. i am sure if shib drops it maybe less.
where is the auction site that you are going to sell your ford? it's cool the site takes shib.
so may people probably read the first sentence of this and went to sell their shib
the problem with this joke is that most people do not read past the title and we just convinced a bunch of people to sell.
had me for a minute there
haha bruh you had me worried
you got me in the first half
i was so close to commenting after the first couple sentences. 😂😂🤣🤣
damn, i just bought more.
damn. that’s very low miles for a 2006.
that’s better than my truck. i got 2002 baby hodl to buy yours one day
do you. either you been holding months or have a thousands invested, but what a blessing. just do not ever look back.
the op sold his 2006 ford truck for money and then converted all of the vehicle money into shiba coins. way to go! :d
found on road dead. not worth it. keeping my
buy more don’t sell
i downvoted too soon.
if it is the 5.4l 3 valve run like hell ! ! !
u fucks i respects
lmao took me a sec but this is too funny
i went from 🤨😠😤😗😁🤣
lol genuine shit post that made me laugh 😂
don't feel bad, i've sold too, my setup got nicer at least!
even while the sleeping whale just woke up and started moving 3 billion worth in ...?
lol you really got me on that one bro
if not for the first few comments, i woulda called you out (did not read till the end except after reading the comments lol). good fucking game tho man.
very well done! best gotcha post ever!! 😂
i was about to roast you but i decided to read it complete and find why are you selling and i ended up laughing and wife asking the sqe what's going on?
this guy over here bobbing and weaving
you coulda wheel barreled 2.5 billion pennies into the dealership and ask how much will this get me; but no
he got us in the first half not gonna lie
people, if you think like a poor person, you stay a poor person! the op is thinking like shibillionaire!!!
let's see how funny it can really be. are you game?
nicee and you can sell shiba for 1986 ford f150 in a few months
but i remember you.
i don’t even own shiba and felt bad it sounded like you were giving up.
man they paying you that much for that 2006 o\_o
let’s fucken gooooo 🔥
really wouldn't make sense because i swear all the time.
depends on a lot of things. is it a v6 or v8? regular cab or extended cab? full size bed ? lastly what color ?
i had to read this twice lol
the switcheroo of the century
i’ve studied this asset in positive light for just over two weeks, i believe that it is possible to time for shiba to make a lot of people money but you must have patience and only invest what you’re willing to lose. 🇺🇸🚀
im still offering 1 suck of any 1 toe for every 100 shib bought with proof of purchase while suplies last
poor poor shibs losing their shirts all becase i bought shib
give me some of that shiba inu. i'll get you back on my taxes. 😂😂
pretty much best post of the day
i wonder if shiba whores are a thing 🤔
leave a few million just for luck :)
this post probably did more harm than good.
i sold. f this. broke like a joke
ford isn’t worth that much 😜
2.5b? you sure you do not mean 250m? even that is a stretch for a 2006 ford. good mileage though.
not gonna lie, he had us in the 1st half...
u got me lol
i read from bottom to top 🕺
don't worry when shib goes to the money you will buy a new one(or maybe a better one) ;)
i don’t like this dip! i don’t like it at all!!
best market to sell in honestly.
you dumb shit ape.
lol this was pump and dump. gme is the real play. r.
i wish i had that much . need another truck for the company.
is anyone else selling services or goods for payment in ?
i wouldn’t give you 2.5 billion saitama coins for that 2006 ford 🚀🦍shib army apes
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this is why no one will remember your name. jk
this is great 😹💀
you son of a bitch, you almost got me
bro ngl these posts are funny but we are all thinking about selling in these times and this really gave me the wrong idea
smart choice , this is true pump and dump
dang. i put 60k on my '04 f150 before there were iphones.
when you get rich buy a raptor
only 60k miles on a 2006 truck???
just chill bro! we y’all here. just sit tight.
bruh your fucking post is the roller coaster ride 😅
tell me when you get a buyer... i wanna see another jump in shib acceptance. ford trucks to shibs. will bring tear to my eye.
damn i thisliked it before i got all the way down, now i have to like it!
lmao 4. i thought you were dumping, you got me!
smart move, i sold months ago
man you got me lol
lol that was so funny i’m showing my bro.
dude ive been invested in crypto since 2012 if you do not have the patience you should have never got involved.
lmfao! quite literally what i did a week ago. sold my 07 ford f-150 that was just sitting here doing nothing and took the money and bought shib .000077... then immediately staked it! sorta wish i held it another week for the black friday fire sale going on today but i do not regret it one bit. these diamond hands are solid and i'm holding it for another year regardless.
bro 🤣 i seen how many like this got and honestly started getting a little worried lol. you got me good. 👉🏻
just whati said if you would have read my other post lol
i see what you did there...😂😂😂
it’s just a meme coin. this was never meant to be a crypto leader. no one ever talks about use case on this sub. why sell? it’s a purely speculative asset that could rise again for all sorts of stupid reasons- a tweet, a whale, etc. all of this nonsense about burning a quadrillion coins to make it attractive like a scarce sov is not going to happen in a lifetime either so i wouldn’t hang your hopes on that. stop wasting your phones energy on that. my point is this is already a worthless asset but somehow has a ’t entered the market. there’s still so much dumb money on the sidelines that shiba could still run up again. i own about 100m shiba myself and will happily wait and watch for the next silly run up. please don’t fall to your paper hands fud and sell at a loss. the next few weeks will be especially rough with the jury still out on the omicron variant. but it could turn out that it is not as dangerous as people fear and global markets could easily rebound and money will divert back into crypto. do you accept doge?
is this the guy who bought a pizza with a ?
not a bad idea! so i can list stuff on fb marketplace and ask for shib ? how would that be sent ?
bitcoin up but shib down 14% ??? wtf???
that is absolutely not good. never give up!!!! never fear of these few dollars. bite that shib thang. you will appreciate. you want to be that millionaire. never have to work again.
another bump and dumper . i fucking hate all of y’all .
run. this coin is dead
take what ever you have left and buy titano you will double your holdings every 37 days automatically
your an emotional investor. have some diamond balls and hold. i've been holding since . 00000062. i havent sold, because i know this is what it does before it takes off. if people feel like they missed out on buying in early will not invest. a dip is an opportunity to buy. so hold and turn your balls into diamonds. take out your initial investment and play with the house money... i'm not giving financial advice, i'm just saying what i would do if i was feeling shaky.
stfu no one fucking cares! buy, sell, overdose, it honestly only effects you.
congrats, less shib less worry and no more shib reddit mansion pictures. prosper well🚀
leave in silence. thanks.
thank you! these are the exact people who make others millionaires! i appreciate you and hope your ford rolls forever home skillet
cryptos are long plays, good luck dude!
so wait…... you want to sell a truck for the coin you’re selling…...? i don’t get it.
then you will not have the heart pumps anymore! boring!
fuck off. you would not be missed.
i have sold all of my shib as well, exchanged it to eth. good call, buddy. buy sel ratio is nearly 50.
fudged over rebuilt doge
if your cool with losing money just send me your shib? i'll take it off your hands.
crypto's not for everybody.
this is not an airport no need to announce your departure, buh-bye👋👋👋👎👎🖕
don't gotta worry about it getting stolen. be real
05 jeep wrangler 4x4 86,000. for 300m shiba, obo.
just bought more at .00005
why sell your mode of transportation? do you have another? since i did not get an answer i'll assume it was your only mode of transportation. retard.
i want out. probably at least 50%.
shib is the way.
your just biting off the dude that posted this in safemoon. boooo
oddly similar to a post from superstonk the other day… like the exact same but shib instead of gme. 🤔
paper hands af…… bro if a couple weeks gets you going, maybe this ain’t the place for you
i do not mean to be that guy, but this is a repost. may as well just post it in every crypto related subreddit 🤷‍♂️
redditors love this garbage ass bait and switch for some reason
not me, this same dumb meme is posted all the time in basically every crypto sub
exactly bro this post made my day tbh 😭
he is selling junk but keeping shiba
you expect people to read beyond the title?
it took me a minute not gonna lie :)
what do you mean? people only ever read the title lol
hodl 5 years right?
forgive the true retards who don’t know how to read first, then take action...many true retards are upon us... 🙄
this seems like a rinse and repeat post... maybe cause it is.
i got it. very clever ;-)
ngl, had me in the first half. took me a second.
i thought it was gonna be depressing :(
i get it and it is a stupid post pointless no education nothing to share with the community and a stupid joke that can be misunderstood and look at all the misunderstood comments i wish you'd burn his shib and move on just like it originally sounds.
exactly my thoughts, i have 2014 passat with 270k km on it :d
he's also asking over , guessing math is not his strong point.
probably lives in ny. in 2018 i bought a 2014 vw with 7k miles on it. i was living in nj at the time and they said they got the car from some new yorkers.
did you know? 99% of fords are still on the road today. the other 1% made it back home.
60k miles on the truck. op is selling his truck to purchase 2.5b shib
he’s going to the moon with us 🤯🌕📈
typically jokes are shared and retold.
that was a renault, not a ford
i was literally going to say the same thing
i’ll give it a pass; meme worthy
get ready to see these posts 4-5 times a day. it’s becoming a “trend”
simpsons did it first.
we are on the internet, nothing is original. i once farted and someone told me the horse close to me did the same loud sound
i just upvoted you to 69.
i downvoted op just because of that, too bad he cannot just buy originality
at least this guy is smart enough to ask for shib instead of safemoon but i'm actually i'm hodling both so jk. i did find it interesting at first glance that the reason mentioned by op in this elabotate ruse was time and patience. it seems like affordability.
how do we know that the safemoon post was the original?
"paid off my truck for 3 months" lmao. that's not paying off anything, that is making a payment or 3.
shitaly quatpost no doubt.
not his keys, not his truck.
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **70698** times. **3.** `u-poem-533` **24586** times. ... **276840.** `u` **1** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
read the whole thing bro lol
see the above comment about this not being original. it is plagiarism.
this isn’t facebook. no need to announce you didn’t read the full post.
*to the car i mean. you got me☺️
erm, you still need to feel bad. he owns a ford.
read the last line of the post now read it again...
who tf pissed in your mouth this morning 🤣mad for what
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **70698** times. **3.** `u-poem-533` **24586** times. ... **44154.** `u` **3** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
i know right! its so funny half of the people don’t bother to read at all 😂
please read the whole thing lol
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **70698** times. **3.** `u-poem-533` **24586** times. ... **7829.** `u` **11** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
why does no one read 😕
broke down for a decade did not get it fixed. this is why we all need hodl in time all things shall pass and this too shall pass!. buy and hodl!
did you even read the post or did the joke go woosh?
never gonna give you up never gonna give never gonna give
maybe if you spent less time writing that unnecessary advice and one more second reading the post
read it, he is selling his car to buy shib
learn to read in silence. thanks.
i think he wants to sell his ford for more shiba 🧐😅
reading the full post is also a long play
read til the end
neither is reading apparently
weak reading skills lol
69 peep wanker 6x9 69,000. for 69m shiba, oboe.
because it makes people like you comment…
who shit in your corn flakes?
you should get out more
love it! you fooled the ones who only read the headlines.
just one minute? took me a few.
fuck! why would i read to the end when it started so poorly. you guys got me
i am a true retard, maybe i’ll learn to read some day. but i recognized the word shiba and bought more.
either that or the truck is in immaculate condition with rare accessories and a sick speaker system or something.
well, if some one falls for it. why not.
lmao ford ( found on road dead) edit: thx for pointing out the "t" 🤦‍♂️
this was new to me 👍 best ive heard
i actually did know that!
same bro i was like “bruh”
yeah i never understood why people complain so much about this, like that is how jokes work when outside of the internet stuff is retold all the time
another poster caught in the gridlock of originality.
“its called appropriation!! elvis appropriated black music and the karate kid appropriated karaté….now this!!! my butt hurts!!!”
is this kind of dumb attitude that is gonna fuck up all you stupid plebs who think it’s gonna hit 0.1 or some other bullshit prediction.
that was the point
over everyone's head lol
why the fuck would i waste time reading that? edit: soft fakes like this do little more than confuse new investors. sorry not sorry. this post is stupid.
shit very wise man he must not enjoy walking lol
he can’t read bro that’s the real problem 😂😭
exact reason our political views are so jacked. no one reads. they skim. !
agreed i feel bad some people it seems to me are looking for the hail mary. thats fine. but it can drive you crazy if you just do that. there is so much to be made chilrz spiked last week killed it 800.00 jasmy did the same yesterday. shot to like 60 i think or something close killed that 650.00 all good. good luck to you brother!!!
my apologies if i missed something. i thought they said they were selling. what did i miss? sell you ford… i didn’t miss anything.
oh thats way better!! except now i can make fun of him for buying a ford and congratulate him on wanting to sell it
you really are a retard lol
who the fuck you talking to captain save a ho.
nah more like 5
sh!t, that is all the media does now. robust reads the article anymore. we read a headline then formulate our entire lives around what the media wants us to think. it's sad.
one hundred and fifty *thousand* dollars... for a *ford*... from 2006. mmhmm.
“at least be original” - reddit commenter, the first person to ever mutter the words “at least be original”.
i literally just read latvian literature.
u already wasted time commenting my guy i’m pretty sure that takes more energy than jus using ya brain to read 🤣🤣
because it’s a joke. he isn’t selling shib.
i think it just confused people that can’t read lol.
i suppose it is good for his health, that is a plus, right? go ford!! yeah, okay. i tried.
he copied a post from safemoon. please stop sucking his dick.
too lazy to read and to make a clever comeback, huh?
apparently so are you based off your initial response 🤗
i am not getting it till the last sentence.
anyone who drives a ford is a 5
alternately, maybe he is a kickass salesman who got one over on someone who did not realize it was a bad deal haha
just quit insulting people for taking profits like it’s a bad thing.
bro you really took time to compare posts i jus know you stay on reddit 24😂😂
oh i read his stupid post. i see about 30 a day between all of the investment subs i follow, all spouting the same shit. i just don’t care. none of you matter, none of what you think you are doing matters, you are tiny little pawns with nothing invested, pretending that pulling out your meager investment somehow effects the whole market... it’s a joke, truly. if you ever understood what you were doing, you wouldn’t be on reddit posting about it
no , who the fuck you talking to?
hey guys! we taught it to read!
lol it is in the comments stooopid
so what you're saying is that you do not know what you're doing?
lol i mean, its just me and you 😂😂😂 and im not talking to myself... so...
what makes you think it’s a bad decision? what will take shib any further than this?
you belong in your southern ghetto. stay small and insignificant.
lmao keep pretending you matter when you just said you do not even understand what you're doing when it comes to crypto. southern ghetto? projecting much?
jesus christ. you. the other person, you know, besides me. you lmao
ok but what utility does it have? what infrastructure? how is shib furthering blockchain?
you got any cubes you wanna sell me again?🤣
i bought 290 million shibs = 22 roughly members
i just purchased another .
i did , wanna see me do it again
already purchased some and converted some other coins into shib.
i’m in for another .
put it in now. once robinhood joins the gang it is going to explode.
well, i’ll be holding a billy, doing my part
i’m good for another ,000.
i’m down to put
just dropped 225 on 5 million shares, so i'm trying man!
ill gladly do 5k...
this community is really something special. i am very proud to be associated with y'all. i'm buying more 💵 ***sold my avalanche and buying 20,000,000+
sorry i can put 100 it is the best i can do :((
im sorry but i really cant buy more right now
bought 30mil earlier today
i add that count?
i did and extra
only have about 28 million shibs at the moment. goal is to hold at least 100 million.
i’ll buy some asap
just bought . will add up in the next few weeks though!!!
waiting on a direct deposit to come in and i can put in !
i’ll drop 1,000 if everyone does it.
i just keep buying
i initiated it: [my 500](
just picked up 10 million, somebody will have to pick up the other 3.2 for me.
i already got 19 mil dont worry im planning on adding that 13.2 mil again soon 🐕🚀
just bought 29 million more shib
i have 19 mil!!! diamond hands...
i honestly cannot afford all that, but i'm doing what i can bit by bit!
i gotta bout tree fiddy
your math is only accurate for the first few transactions. every purchase impacts the price. that 13.2m coins per person will rapidly cost more and more
wait. someone good at math, is this true?
i would love to but workers comp hasn’t paid me yet and it’s been a month and a week since i got paid. 😢
i have 48million. i'll get more on the 30th.
this is the way 💎🐾🚀
i just added 48,992,899.00! let’s go!!! to da moon!!
paid a bunch of bills. after next week for sure i can do 500.
current rate on cc for 13.2m is ~.
i'm putting the max i can on coinbase right now (only 23 dollars at the moment, fxck plaid)
don’t have any cash but converted all my other crypto into shib. i’m all in.
i'll support. get this rolling!
just put 450$. let's make it to 1 cent!!
i cannot do much but i can buy like -
i bought more and my two sons bought some as well!
i have 20 mil now... getting more this month (probably 20-40)
you created quite the movement op. how's it feel to be elon musk
bought 457 million today myself
will add moar on next payday
i’m in 4x that as of friday - added a little more today for the cause - because i wanna to be rich!
i just did . 4 kids- money is tight
i put , as soon as i get paid again next week, i'll do another . wish i could help out today! ❤️🐕
i dropped . 🚀shib to mars💰💵
is this thread what caused the gains tonight? or other news i missed?
i can only afford a million a week but i like to think it‘s still contributing in a small way. either way, i’m in this for the long haul with the army.
could only afford , but got it
i got 60 million for the cause. am i doing it right?
im officially in the 50m club
i just bought another . it’s not much. i’ll add another .
i did 150 few days ago
let's do it share this post
converted 10 atom to shib 🚀
just picked up 26 million.
i could only do ’m doing my part
screw it, i’m in for 40,578,786.71 of this crazy coin. that’s .81 usd, so covering for a couple extras. 👍
buy you millions now while you still can.
i bought more than i care to admit to myself right now :)
buying another , i bought ! im already in the shibillionaires and want everyone to succeed! thanks for the post great work everyone
i bought as much as i can ! more tomorrow!! up up and away!!!!!!
everything helps from everyone. as long as we are trying to build this together
doin my part at 13.8m but bought a long time ago
well i’ve done my part today 👍🏻
just added 13 mil. let’s goooo!!! edit: add screen.
i purchased 80 mil. i’ll pick up more weekly.
that’d work if the paper handed bitches didn’t start selling when it moons, which it will
i just bought another aud(4mil shib), now holding 56.7mil 🙏
bought the peak for 10k$. that's all i have including retirement and what not. in this for a long run. let's go to the moon.
yes that’s a pump and whenever the smart ones start pulling their millions be patient just enjoy the ride 👍👍
we should do this every saturday or sunday or whatever day we decide
i did my part bought 15 million tonight
just bought another 200,000 … it’s not much, but it’s honest work 😅
[risk it for the biscuit baby!](
we can set an annual buy event when shibcon will start it might be much bigger than wsb short squeeze shit (wink wink)
i just bought my 13.000,000.00. best !
trying to get to 100mil
holy sheeshyou guys are serious
right now shib just passed .0038 cents, so 13.2 million shib costs .60. if that 300,000th person tries to buy 13.2 million shib at .999 cents, it will cost them ,868, so... better get in first before you're in with those last 30,000 poor guys mortgaging their houses to meet quota.
i just bought 250m
just bought ~45m shib. aud.5k
i just dropped 200$. it’s what i call shiba take over!!🚀🌕
assuming we all could pay the same price for it lol
the problem is that far from everyone in this sub can afford to put down that kind of money, i know i cannot right now atleast ^^
check mine too! !!!!
ok count me in
i’m in! i can do this by friday.
500€ from germany transform into 14.976.543 shib!! 🚀🚀🚀
if you have money pump it, almost at ath
i just threw another . robinhood is kicking themselves for not listing because of the volume of new trades!
people who do not read this subreddit are going to see the boom and sell some. don't be thiscouraged by the up and down. hodl, bros.
i'm in! this is the way... who's coming with? 🚀🚀🚀🚀🌝
amazing guys. im in bough 22m shib
goodmorning from the netherlands….just bought 100€ shib……
bought me another 2k worth, lets see where the rocket takes us
is this group the reason why shiba went up by over 40% since i bought ?
not fun buying at a high but i joined in. shiba army!!!!
i just added for 200 € to my account
im already at 10mil guys 🥵
bought 1k earlier. catch up
just bought 1 million more 🙏🏾
i have 89m so i got some covered who can’t invest anymore!
i put in , just some extra money i had sitting in robinhood untouched for years so i hope that helps.
i bought 17mil shibs today. doing my part. edit: i just did it again and im at 30m shib edit: oops i did it again 37m
look people who gets too excited when they see the green and we push through ath but running off and selling does not benefit you in the long run unless you got in at the very beginning like i have but for my brother i hold and burn billion of my coins to help the people under me that is what i call teamwork so hold the line
i’ve done my part. 200m in hodl and counting with daily cost averaging purchases. now it’s your turn army.
so i am sitting with just over 28mm shib. this group is definitely making an impact on the price. several small purchases sustained over time create momentum . we can all do our bit even if you are unable to invest more at this point in time. support the momentum by pushing the original thread. over 300k followers but only 6k likes if we sustain the hype news will get around quickly promoting more followers and ultimately investors. it’s a long game and i am in till the end. let’s push to the top and well done to the original poster you have certainly had an impact on the journey 🚀🚀🚀🚀🚀
i'm late but i'm in. 30mil total now
i was here when there was only 9k of us :) today is a good day
usually buy a million every friday.
this is the way lets do this
we going for it !!!!
i’m waiting for my funds to clear on webull so i can throw in 3k probably monday lfg
and then everyone wants to sell, but no one wants to buy.
im down to commit to ... i spend what i can afford...
while this is great, we should acknowledge as the price rises lots of people will slice off some profits (which we should all do from time to time). lots of bots and automated trades will occur, so it would take a lot more time and money to actually get that far. [etherscan currently reports 760,000 + holders](
already got 11 mil
i bought 7.5m the past 2 days on cb and [crypto.com]( i'm doing my part
i converted another 250ish worth of random coins over lfg
putting 1k in now
adding, staking, free coinage. adding more every week [shib!](
i wish. so many others too. smh.
dude , yes! i’m in
i bought . it’s all i can do right now but to the other members that can, i just want to say thank you. shiba give me hope and i am so glad to be part of this community.
done. added aditional 200€ to the pool.
great idea!! already have exactly 655m shib and im buying 13m more tomorrow. we can do it army💪👊
i’m half way still moving up the count as i can
im there. here we go, bitches
i just did another 3 milli
bought another 66 millions
plus anthor 🚀 all i can do today.
you son of a b#%* i’m in!!!!!!
let’s go shiba!! we believe in you! good news everywhere!!
i bought 200 million so i hope that covers a lot of us
lmao im workin on it
just bought another 21,000,000 taking me up to 42m let us goooo!
just bought 18mil 👍💥
just bought 33 million awhile ago, lets do this 💪🏼
just did another . now holding 143,900,000 shib total 💪🏾💎🙌🏾
i got my 4 million. gonna get more soon let’s get it!
just put in , let us goo!!🌠🚀🛸
let goo i did 100$
126 million. let's go.
lfg! we're killing it
i’m down for . let’s lose another zero guys...
thats like wut 100 pesos
just did another . i dunno. might do another .
heheh is awesome shib is killing
alright it is done!
1000€ invested over 6month ago💪
i'm only at 2,5 million, but monday i will buy that again. just waiting for a transfer to arrive at coinbase.
bought another . i’m doing my part
26,141,593 shibs in my wallet x
in for edit: ah screw it. make that 3k!
i’m in . covering some shiba brothers
coordinate the buy, say halloween?
i’m buy !!! people spread the message on all platforms!!
i covered 4 of unguys 60mil here buying more in monday (2800$)
fuuck i wanna buy more but im all out of funds 😢 next week i'll add another 5 million
i can’t stop buying !!!!!
i converted some other coins to pick up an extra 22 mill to take me to 150.
i dropped 1.5k in just last night when it was still in the .000025s, woke up with some wood today
made . i’m not fucking leaving until shib changes my life 💎🙌🏻.
accidently bought 100 mil instead of 10 let us gooo
i am not a member of sub but a holder of shib (. i'm in. bought an additional 17,079,877 just now. let's go! i may cash out at if it reaches 1 cent. i dare not dream about 10 cents.
burn shib while you sleep!
this post was the most gold awarded across all of reddit on october 24th, 2021! ^(i am a bot for )^[]() ^( - please report suggestions.)
one more thought, if we need stability we should increase the community to reach 1m members then it will automatically reach 1 cent and more. in this way, big cats will not be able to thisturb the price. i bought 30m shibs and going to purchase more, but i can see some silly persons are selling it too. it is not time to sell, just buy, buy and buy...
i bought 20,000,000 shib yesterday!
did 850 just now. 💎
i just added .
my total investment is 450 eur now
at 7 million currently 🙌💎
i’m at 7.6m shibs
blow this thread up. i bought some yesterday after regretting selling last week!
i just bought 500 shib tokens. am i doing this right?
hope this works it was my 250 donation
i cannot for another month...qq
let's do this... i am in fren.
bought 34mil more earlier let’s go boys!
bought 15 mill this morning and another 10 mill tonight! buy and hodl!!!🚀🚀🚀
just bought another 2 million shib
i’m on 20 mill
just put a couple hundred british pounds in!
we should pick a date and time and do it simultaneously for everyone to kinda take it on this price, and then actually see the coin moon after 🐶
buy buy buy hold hold hold you fukers
just bought 10 mil to add to my 500 mil. must try deposit more money.
just brought 500 mil come on everyone!
holding on to my 2 millions, sadly cannot buy more at the moment. i'll chip in when i can, promise!
keep this surge going. don't let the paper hands thistract us. do not let this turn into another fucking doge coin! we will be stronger than that. i must go to bed now and get ready for my next shift. please do not let us down
can we just trust each others and just do it
i shall buy 14 million today in honor of this post if i get one up vote…ow look one up vote when i add comment…
just tripled my position. will add another chunk at the next dip.
have 200 million 🐕🐕🐕 lets go !
come on guys!! we can all do this easily!!!
just added 200000 more to my pile
just bought 69 million more!!
i wanna buy some more but should i wait for a correction dip or you think we’re looking at a new bottom ? *not asking for financial advice just looking for an opinion on the trend
broke as hell but just put £150 in !
i have 30.000.000 ! \\o/
just copped another 10 mil
initially gambled . took my initial "investment" back at +(could have eliminated my risk at +, but heh), and have been playing for free since then. dropped another 1k last night and plan to do the same (eliminate my risk if.00007). i do believe that a robinhood listing (which at this point is likely, imo) could cause it to shed another 0. i do not see 0.005-0.01 as being completely out of the question in the long-term, but i do think it is pretty unlikely. guess i'm a paper. 📜💎✋🐕🚀
in for 7.5 mill. it’s all i can swing atm.
just bought 3 million more. most i can do rn 😪 how do i post a screenshot as proof?
can everyone start sharing screenshots of their most recent investment. it will make everybody want to buy more
just converted . 9m+ more shib!!!!!
i'll buy more if it drops back down... at 12 milli now🪙🪙🐱
i bought 2 more mil to the moon 🚀
done again another 50 m
so the last one has to pay more than 500k? makes no sense
challenge accepted, in for another 25m
i can try for 100
i bought … but if we set a time and day try to rally up everyone let’s all do it on a certain day boom.
purchased 30 m today
hell yeah !!!!! let’s make this post the most ever liked.
joined today and bought my first 35m on thursday. glad to be here
well, i dont have that much money to spend rn but i will buy 10:/
bought 9.3million… some of y’all just watching and not actually buying are gonna miss out! 🦍💎🖐🚀
together we’re strong let’s put on the work not selling till 0.1
just put ’s all i can do right now 👍🏽
just purchased . 🚀🚀
transferred half my doge at the dip and may do the other half on the next dip
i'll go in 100,000'all serious
i buy ,000,000 every friday. i bought another,000,000 today, so 4 mil total this weekend. best i can do right now. keep it going shib army!
that’s a ’t know
just bought . gonna buy more soon.
did my part 13.4 m🚀🚀🚀🚀🚀💎🙌
i have set up in my account a reoccurring purchase of . i usually spend more than that on lunch. oh btw i just spent another .00 🤑🤑🤑🐕🐕🐕
in for 100m my friends! let's go .01!
lovely pitched in again with , will do again if more ppl take in seriously
if we make it to 0.01 i will buy a nio instead of tesla. y'all better not buy tesla when you become shiba millionaires!
run it up gang!!!!
sitting with 23 mil now, bought some more today 😎
2.1 mil is all i can stomach at the moment, but will be getting more for the push.
i just bought another 2.7m and i’ll keep adding to it! 💎✋
i did my part
paying bills today then taking whats left and going ham
i’m about to buy 1k
i have bought 27mill
got 120 million let us do this!
10 million more scooped
alright, army. i’ve got placed another order for 10,000,000. let’s go! 🚀
i'm already sitting on 7mil shibs. but i'll get more.
i am almost 1 full member! 😄
i count for 2 members with 27 million
i do not know shit about crypto, but i lost out on doge and i am not losing out on shib. just bought another 10.5mil today to put me at 35mil shares. 🚀 see y'all on the moon.
, fuck it i’m in.
german shibsoldier here🤙bought for another 100€ shib 🤑
you son of a bitch, i’m in!
everybody buy what you can each week or pay day. 36 million here going to the moon and paying off my mortgage!
i purchased . sitting just below 11million.
just threw another 300 at it.im hoping it continues to climb.
paying the freight for 4 members 😮‍💨
i bought 14m shiba. let’s go to the fckin moon…
i just bought 300... let's go !! 🚀
i went up from 50m to 77 but that is the end of my fun money tokens for all
oh wow, you guys seriously have no idea how market cap works? i’m literally speechless. that’s not how any of this works.
i already put 1.8m shibs at best i can save up and buy 1.8 m more . i am sorry i do not have that kinda money but givin my best didnt buy sneakers maybe when it 1 cent i can buy a whole damn store
does that math work? less than 4 tril
and yet it doesn’t work. 🤓 been buying millions for months. your genius plan doesn’t account for holders taking profits.
check out the post moderators and help us get some facts out there. u u u u u
well i was going to keep buying anyways so now i have more reason to
hey op, did you count the burn as well ? so maybe less than 13.2m
1 cent dream here we go! [proof ](
i have 30+ mil atm.
i'm in ill buy 850 and post it
i do not have much to spend right now but i converted just under , another few hundred next week though <3
i bought 3 million a few hours ago. i will buy more when i get my next paycheck
is this the beginning of a movement 😱
i bought 13.2 million today 0_o
already put . just need to post proof. standby...
if you can’t afford to do anything…do learn and earn and convert to shib. no excuse to not help this community that way
i’ll do an extra 50! and then i’ll do some on payday!!
i need proof from everyone
this is incredible 🤯.
i got 18 mill!!!!!! small bby shib holder but im with ya!
my paycheck arrives at the end of the month, but i put .
i bought 130,000,000 three months ago, and i still keep adding to the pile!
i just bought 10million worth keep it going yall!
i just got 501 million will that help
well if we're doing this, time to swap all my random shite into beautiful shibs
it's up on front page
once i get paid i will put down more unless we spike again, i'm as far in as i can go.
i'm in for 50million
i own 135m shib... got a few members covered
i can afford 200$. all in on shibe. im doing my part so should you.
part of wants to buy another
i cannot buy that many but i bought an additional .
you missed a couple zeroes, it would have to be somewhere around 1.3 - 1.4 billion tokens each!
new to this. had about 3 mil and i purchased another mil for the cause. cheers!
waiting for salary... its bording time dont miss the launch!
*ucking run us our money baby bull market!
wanted to hold out for the dip but i got scared. so i just bought 15 million shib! let’s fuckin go!
just bought another 5 million
done!! and will buy more this week pay day 🙌🏾
lol just bought 27mil more now. don’t care if it’s all time high finally at 300mil
ok. i was gonna do trade options but i’ll rather not lose 100% of it.
just dropped in on shib longtime doubter here❄️🦾🍃🍻
i'm at 200m. i'll throw in another . but, at these prices that is only going to get me to 1-2m more...lol! noice!
just added another ! lets keep this momentum folks! our pups growing up quick, we do not want to miss this window of opportunity!!
bough 14m for 500€ let’s goooooo
ok 200€ more for the cause
watch me fuck around and drop my house deposit
can't do anymore this month, have to wait until i get paid but what i do have, i've staked for 60 days. i'd like to retire sooner too ;)
sitting on 950 busd waiting for a dip to buy!
’s fackin gooooo buy more! 💎🙌🏼🚀🚀🚀🚀
couldn't do 13m at current price, but i dropped
added another 2m, no at 112m. keep buying slow and steady people…!
i just bought a few more and am sitting at 35 million. i was going to wait for a large price drop but i do not know if there is going to be one in the near future.
that’s not counting the non members
just hit a new record .
i've been talking about this so much at my house one of my roommates is talking about dropping nearly 4k into it and then just let it sit...i like to think i'm a pretty good influence 😌
i have zero money to spare atm but i already have 130mil+ and have been hodling since the beginning of may. today has been a wild ride!
i transferred all my doge and a bunch of other coins into shib cause we are going higher then 0.01 we going to 1 dollar and gonna be the next stable coin. prove me wrong cause dogs are cool
coinbase restricted me to a 25 dollar buy...made the buy...but then two hours later now i can buy 205 dollars worth. all in fam!
i'm already in with 15m will buy on next dip another 10m ...target 100m
oh i see shiba start get attation... tomorrow salary... i can buy 20 million more shiba and hold 😆😋 this is fun. (only have 10 million shiba coins atm)
just bought 70 mill. so i’ll take a hit for 4 members who are not sure
consider it done!, another 250
just purchased another 100$
doing this is a coordinated pump and dump which is illegal lol
we're going to .01 if you are in your in. if you think not sorry for you.
mathematical lit doesn’t work that way cause on its way up the coin gets expensive, so the one pays 100 and the other 1000. sorry, it is not that easy!
i'm in for [another 1000](
when are we doing is
just add more now guys, when i get my money next week i'll join ya
just bought another 21m
made my purchase ! another 100eur .000041
ok, did what i could: 2,262,527.73428184 shib (.76) i'll try to buy some more later today.
you encourage people to do that so early adopters can cash out and get rich ?
just bought [\~]( hopefully i will buy more soon.
if everyone signs up for coinbase take 15 min to do the earn and learn then convert to shib. i did this a couple days ago made 1.3 mil shib for 15 min of doing essentially nothing.
i just got 25m more, now i have a 101m shib… 🐕
already over 300 mil and going to add more
but when!??? let’d do it!!
buying another ,000 this am...fastest way to be a millionaire shibu!!!
if everybody of you would invest 65k usdc in shib, you would reach 0,01
we should also commit to listening to that spotify burn station at least once a week on our pump day. if we do that plus pump our money in on saturday or whatever we should surely see a steady rise at a minimum 🚀
13.2? pfft. just did 23 million, meaning i'm at 85 million total. who wants to match me?
did my part plus few others.
i converted eth and bought another 100 mill to add to my bills! let’s go
payday on 28th, will buy it then
yes! done, keep going team*
i have acquired 89 million for your cause earthling
i just went all in and got myself 16m shibs 🔥🚀🚀🚀🚀🚀🚀🚀🌑 holding until 1 cent!!!
we need to surpass doge's marketcap. let's go and stop selling. let's keep the momentum going!!!!
can’t afford it from the dumb wallet, but hopefully another 2 mil is a drop in our collective bucket!
plus 26 million. go go go 😁
394 trillion shib is 1.3 billion for 300k people each. you messed up your math.
just an update its up 44% , i cannot invest via kraken so have to look at something else
i’ve got 200 million shib and hodling til .01 🐕
i moved all my eth to shib. let's keep pumping it!
277 million here! i’ve got a few of you covered 🚀🚀🚀
just bought another 500,000 to add to my portfolio 🌚🚀
set a date and time
converted .125 btc for shib. that covers me and a few others.
i mean i could do that if i transferred all my doge. but... but... diversty
did my part and moarrr
well the way the price shot up overnight and stayed up looks like some members put in the work! can’t wait to see what robinhood listing does!
collaboration to make everyone here a millionaire? yes.
will be adding more on payday 🙏🙏🙏and will continue to add and hold
i have converted al my other altcoins (except doge) to shib. i have a little over 5k doge coins. should i convert them to shib and go all in on shib?
what happen if each of you sell 13.2 million shins when shib reach 1cent !
just dropped another . let's drop another zero this week.
dropped another . lfg!
just added another 7mil
new to shib and at 2 million. i think 13 mill is achievable for me soon
keep swapping my mining profits to shib!! and stacking up shib in my acct.
i grabbed 311,xxx,xxx last week…that should cover enough for about 23 people right 🤔
so your saying i should get another 13 mil. i’m on it. anything to inch me closer to 100 mil.
bought some more, sitting at 55m now. we've got your backs, fellow shibas!
i’m in for 2.6 m. buying more asap!
i own 50m shib 😬
sitting at 150b shib, converting other coins to it now
bought up another comrade’s share. doing my part!
adding to my 230m+ today!!
i have 44 million. buying 10 million more
sold some eth to get an additional 20,000,000
just bought 54,488,560 more!
i bought 10m shib at 5 0s and sold 8.5m last wk for profit. i think i'll buy a few more million again at this price...i used the profit for btc and eth so i'm game. not trying to get rich, just keep moving forward in life.
sold the rest of my dot i had left and bought 200. guess i got lucky. wish i’d gotten more.
i sold my bit of maker to buy it this morning when it hit the old atf. now it has a new ath. woo hoo, go shib army!
at the current price that’s !!! i’m wit it if ya wit it !!!
first time crypto owner here, i bought 26m last night at ($.00003659)
i just bought 7mill.
just picked up 7m i’m at 58m total lfg!!!!
if only i had not lost my job i would. i'm holding 69mill!
just bought 1 million shib. not much, but it’s honest work.
i’m in lets go
my portfolio value now 200$, yoloed all my 95-40$. just a week ago it started to take off lol. shib to the moon!
picked up another 10 million
just bought ! to the moon we go!
i'm in with 60,000,000 shib. let's go brian
converted some ada to shib added another 2 mil sorry cannot do more. love y'all
26 mil currently! so i got +1
i reach a total of 16 million today ...
i put 2m in, all i could do right now!
bought 76.000.000 shib, doing my part
i've had about 165 million for a while now, i could afford another 165 right now but all my money is diversified atm. i kinda wish i put it all in at .0000006 but i did not :( ahhh well. live and learn, if i get more spare cash i'll be buying more for sure :)
62 million holding here going to buy another 200 this coming friday
i just bought 12 million…
getting paid next week... at this rate my entire paycheck may only buy 1 million.
was asked how much it’s another 45m at the time
i can call 6.5 million my own, so half my ass is save!
i own 10.1 million. for the share count. been holding since we lost that 5th zero
just did it, now i have 15mil, please lets hit that sweet 1 cent and beyond
yes sir, letss goooo
just bought 15.6 mills
i own 8.5 million... let us do this
im sure every member has already contributed an average of something like that amount.
i’ll do this week. love this idea. once it hits mainstream like robinhood and other exchanges it’ll help.
i did my part 41min
i bought 57 million
in for 15 million more.
i have 40 million and am currently staking earning more. so there is 3 people's worth
i'm selling my eth for shib
i just bought another 5mil shib
50 mill here! i got some small pups covered :)
don’t sell it like a pyramid scheme 🙄
10.5m here... i really need this!
mods should pin this
if this is correct, wouldn't it be more than 1 cent easily because of fomo?
tempted to swap my eth earnings for shib... but it is a taxable transaction so...
i got 3x’s that much more 👍 keep it going everyone, this is awesome . we are already close to being 50% publicly owned too yeshhhhh 😂
lol this is as good as the robin hood pump …ppl just trying lfg
just bought another 😅😅😅 275mil let us go boys and girls!!!!!
70 million here!! will keep buying the dips 🚀
that's not enough. we need utility. we need people to use this as currency. it has to hold some kind of actual value. let's try to convince businesses to accept it. in the meantime we can use it in our own private transactions when buying.
if it drops to .0000325, i’ll buy 40m
which would make us all millionaires
way ahead of you guys. already converted nearly 3000 of cardano into shib earlier
to the moon to the moon to the moon to the moon
i already did my share more than 60 times, months ago
count me in, i will buy another 13.2…... make it 26.4 just in case someone else can’t. i got you
i’m buying another 20million
i'm currently at 84 million and planning on getting 16 million more in the next day or two, so i'm in!!
i purchased 11.5m today
just bought another 30 mil just cause i saw this post.
i swapped 5k aud btc this morning into my bag of shib so yes sir i can say mission completed at my end.
wouldn't the market cap need to to reach 12 trillion without a burn for a penny i mean we can drop zeros by buying but by just buying i do not know about a penny
buying 100 million this week
i’m currently about ’s.
i was hesitant at first, but i just bought 17mil shibs. fuck it...to the moon!!!
ok how ? i’ll do it
i think it’d be if everyone bought 1.3 billion
i would love to be able to do this but my shiba got hacked recently so still trying to cope with that. but that is a really awesome idea i hope it works
yeah i bought about 15m so far plan to buy more tomorrow
36 million in... bought another 12 million at 41 today to total 48 mil. my friend.7 billion and went in further today. the whales will help support those that cannot afford tens of millions. but every. single. bit. counts. keep it pushing.
i own 42,789,782.0 worth 1214? our market cap is higher that xlm but they are circulating 50 million tokens worth 0.38 each. doge has a market cap 10 million above us but is circulating 131,703 million tokens worth 0.26 both have seen highs over 0.70. shib on the other hand is circulating 589,739,543 tokens.
and if even less buy even more…...lfg!!!!
bought : 53.9m 15.6m in sept 26 32.3m in oct 07 6.00m in oct 27 planned a day buy of 10!
i bought in last week with numbers that would make dr. evil shed a tear…
18,000,000 shib- lets see 1c end of year 2021 then 10c end of 2022 to make me a millionaire. need more money to funnel into mmat lol
i'm on board, i got 10m, i'll grab more.
up to my second buy of 10mil shibs! get on it
i’m up to 60 and going to put in 200 friday! let’s go to mars!!!
i had invested .000033 then it all crashed but did not sell... looks like 💎 hand was a wise decision…
i bought my share. let’s go.
i'm putting in , fellas.
ive got 5.3 members covered. best i can do
100,000,000 reporting for duty. buy the dip.
i bought 200million shib
i'm getting 14 mil shibs tmr
there are 7.753 billion people in the world recorded in 2020, and only 3.8% is investing in crypto. they say shiba would have to have a market cap of 5.8t in order for it to reach .01, so if only 50% of population would invest what ever they can afford in shiba inu, than we can definitely reach that 0.01 and even .00, depending how much each person invests.🤷 don't know, just thinking here and trying to figure shit out if we can ever reach 0.01 without any shiba coins being burned.
this is the meaning of a pump. not a good idea to plan pumps. there are always people monitoring the subs waiting for the moment to strike (dump)
i think your math is alittle off. total supply is 395 trillion divided by 300k members is 1.3 billion everyone would have to buy. gotta move the decimal to the left one 🤣🤣
maybe my math is wrong but, this is incorrect. 300,000 x (13.2 million shib right now) is only . no? again, my math may be incorrect but, i believe it would take . shibarmy would need 1.3 billion members investing .
sorry man but your math is way off, if everyone bought 13.2m that only accounts for .001% of the supply. the chances of 300k members scratching together 36 trillion dollars is slim
i think op has his math wrong!!! if we all purchased that many shibs, it would be around 4 trillion shibs purchased, but that does not equal 4 trillion dollars pumped into the market cap... ijs but hey, let's go shibarmy!!! edit:misspelling
this makes as much sense as saying, 'save a penny a day and double it for a month and you'll be a millionaire.'
wrong. each one of the 300,000 members would have to buy 13.2 million dollars worth to raise the market cap to 3.96 trillion. then shib would be .01 cent.
a fundamental misunderstanding of how this works if i ever seen one.
i love these posts... the reality is that unless there is a major burn implemented we are not reaching anything big...
how would 138m in buys get us to a penny? our volume is 7 billion. we wouldn't even put a dent in the price.
don't be stupid, if everyone bought 13,2 mill shib, the last guy (if what you say is true) would pay for it 132.000$, does that seem like a good idea to you, smoothbrain?
then it drops back to .000038, where it needs to be for a bit.
your math is wrong. as people start buying, the price goes up. even if all 300k tried to buy all at the same time, the majority would not be able to get their buy order fulfilled until they upped their buy price. this is some real cult like thinking you got going on here.
yeah let’s all do that this way the whales can cash out and we don’t get shit 🤡
still impressed but i think most people have learned a math lesson… update: current price around 0.00004, wish 0.01, difference 0.00996, multiplied with circulating supply 394,796,000,000,000, is 3,932,168,160,000, divided trough 300k members… so you would need to invest each an avarage of 13,107,227 usd to reach 0.01. by the way: this would lead to a market cap of over 1.3 trillion usd…
genuine question: isn’t that just artificially raising the price? wouldn’t it just plummet afterwards?
op: guys please buy so i can sell at a higher price 😩
let’s do it. i bought ten million more yesterday.
i am up for it. let me know when?
i'll drop a hundo
the part you are missing is that the price of 13.2 million shibs does not remain constant. the more people keep buying, the harder it gets to afford 13.2 million shibs.
put down another . waiting for payday, but definitely want to do my part!
let's keep this going pump and hold
just copped another 25m to make up for someone who might not (:
6.5m here, will buy more now
already did 10 hours ago :d
“please help the pump so i can dump” lol
bing right now 400$
i think the math is wrong...
only had a spare ’s in!
i only put in another 250 but it still helps! all i can do rn
just bought another . lessss go boys!! 🚀
dropped 1500 yesterday, up to 80million shibs. let's go boys!
i dropped , and woke to see it hit .00004
have 500 milly anchored and i’m not budging 😁
i’m in for .
missed the first spike, but put in !
im broke af, but im down with it, just dont tell my gf
just did . i'll hodl it for as long as it needs!
sold my slp for shib, worth
just bought 16mils now on the high.
this post deserves a repost btw 🚀🌑
i'm in 30k all of my savings
my first award! that made me feel so warm oh my gosh. thank you!! love this shib community. 18mil so far and will be getting my 13.2 extra next pay day! wooo
ok i will go first. you all can go after me.
good plan guys, just bought 10 mil let us go shib fam!!
sorry i cannot. but i will hold what i have. i'm no rich man but hopes are my financial situation might improve if i just hold till 0.01. when i get some money i will buy again regardless the price. shib community is the best
i hope some of you take profit, cause that’s what whales are doing someday. don’t be a fool of waiting for 0,01. take profit on the way up, otherwise the whales will be the only ones who make profit. but do far shib army, i am impressed about your willingness
1 cent shib = 40 trillion market cap. learn how these things work before making such dumb posts.
going for another k.
no that is about 160 million dollars
sounds like a plan…...when buy?
would be down, but strapped for cash. paycheck to paycheck always sucks. most know this here in this sub though. good idea non the less buy>hold>profit .
8 million shib here.
and we can inspire new friends to buy 🚀🚀🚀🚀
we need to buy at the same time, and no selling, in that way, we are stronger, and everyone who sold will pay the premium. somebody should set the time! let's go , to 0.01! 🚀🚀🚀
buy!!!!! shiba will set us free 🆓
already have 50,000000 i'll get another million!
300 k members only needs to buy .01
its not a lot but i've added another 50 - hopefully every little bit helps!
your math is incredibly wrong. in order for shib to reach 1 cent the market cap will have to reach 10 trillion dollars. to put this into perspective, bitcoin is the juggernaut and the standard in the industry and they’re barely over 1 trillion market cap themselves. you guys are going to regret this. this is doge hype all over again but much worse. i feel so bad for all of the little guys that are going to get wiped out soon as the whales pull their 50+ billion coins out. don’t say you weren’t warned.
ok i will do it now
i dropped another £500 () in just before the last mini pump.
a market cap of nearly half a trillion... idk man that seems pretty unlikely.
if you buy comment here so we can see how many people are buying
just bought another 5.7 million shib just because this post.
done i just bought 100
i just put in another 100
i’m in and hold until 1cent
i am buying more and more this is it we are going to become millionaires in no time, keep holding guys !!! dont panic sell
i’m just broke past 20,000,000 shib. feels great to be a multimillionaire
bought another 16.5 mils 3 hours ago. let's go. so proud to be part of the shib army
sh*t imma do it aswell 😂🤷‍♂️
just put ,700 in
apes strong together. buy and hold!
i do not have . but i do have - . and i'm happy to keep it all locked up on staking accounts indefinitely. if all us small fish do this and hold... that plus you rich people's investments should put shib well over .01 by christmas.
doing my part as much as i can. added 2.500.000 to my portifolio
i’m in with 10 million coins
i bought roughly 40m at 0.000033 on bitrue and staked right away.
as the price goes up the cost of 13.2m shiba will also go up and quickly be beyond the affordability of most. your idea only works if the price does not change while all 300k buy.
iam buying in to 😁😁😁😁
i bought . :) glad i did before it hit ath
i only have 2million shibs and no money to buy more :(
wow! might be able to. im in
all i got is 50 right but it just went in!
1 k just bot
just buy 4m, as i cannot afford more
bought 20m last night. tapped out for a minute on buying more but i support this message
this year’s ath will be next year atl
my wife graciously allowed me to buy another 10 million shib. :)
adding , i have to wait an hour and a half to sit down before i do it.
imlossible as the price will go.up it will be expensive for people to buy.
13.2m is a bit too steep for me, i will keep buying more over time so i'll eventually get there tho.
bought 24m more just now
keep up the buying pressure! just tossed another . we cannot just hodl, we have to buy & hodl!
just bought 20 million on crypto.com! i have 30 millions scattered in other exchanges so that makes 50kk holdings for me. will not sell.
bought 52m. done ✅
i will be buying
i own 477 million shib and am too broke to buy more. am i still covered?
just bought another 40m
i’ve done my part? have you?
lets show them when common people collectively come together we have the power to reach the price we want
i think you need to recalculate
i wish we go to 1 cent but i doubt it...but nvm risked only 500.25
bought (pay day this friday) woofing down some top raman for breakfast (breakfast of champions)
52 mill. someone else do the math on how many members that would be. lol
keep the momentum alive!
just popped another . such is the will of the force.
you know i will be hitting that up once the paycheck comes through
i’m in 200mln hodling and 13mln bought right now💎🤲🏻
i'm in another 11.5million!
going to do another £100 when i get paid currently sitting at 4mil
bought another 20 mil
count me in as 7.5 person.
swapped 10,000 doge lesss gooo
i hit 420 million im slowly converting my doge profits 433.2 just doesn’t sound as cool but ok
go & grow. multiply & be fruitful
you people dropping lunch money on this are savages!
let’s go put 500 all i could do
i like your math
i'm ah buy another !
i own close to 26 million
il do my part
i wish i could convert my locked eth 2.0 on coinbase…i already have 165,000,000 shib though.
one way to get this to .01 is to move bitcoin shares to shibu inu. if you own bitcoin, make the trade.
is there anything here that follows any math. im missing how 300k people buying
how exactly did you come up with this? unless my math is wrong, i'm not seeing how you can possibly calculate this claim.
420m to 434m it is done. walrus status
i’m doing my part! let’s goooo
i’m there plus some
i put in as well
bought 200 dollars worth just now. lfg
almost halfway there, 5 mil down 8.2 to go
i got a milli so far but i’ll come in hot soon
i just converted 6 mill worth. i will deposit some $.00 more
extra ,000 just went in. 🚀 no more and holding tight!!
apparently it is not on abra.
perhaps i'm being unrealistic, but i was hoping to see more members on this channel, given the huge community all around other platforms (like twitter).
lets fucking do this
converted my amp to shib + 23mil!
i already have, where you at?
we gonna loos couple of zeros shiba warriors! on its way up!
i'm in for .00. 24,131,274 shibs. myself plus one member.
may not be much but i just got 2mill of those bad boy! to the moon baby.
done. just put in another 200$
i did my part i've bought 72 mil so i'm five people lol
cash app me so i can participate in this lol i got as much as i could
what is shib? thank you.
i’m 16 and i got 6.5 million, probably gonna put some more money in soon!
im gonna chuck another hundo in if itll dip to .000035 again
each purchase would drive that price higher meaning everyone can’t just buy 13 million shib at the same prices.
i have 70 mill am going to throw another ! hodl.
bought 25 million shib lfg
i’m at 8 mil i’ll throw more in when i can!
i dropped 1k on it doing my part, a friend of mine bought 150m and one of mine coworkers dropped 1k too
i bought 200k last night i’m up 15%
i already bought 100,000,000 so i got a bunch of y'all covered. if it dips again, i'm buying more.
son of a bjtch i'm in
and then more shiba coins comes in. 😂
my shib miner just paid 2m, should reach 13 m by mid next month, sorry best i can do at the moment.
added 30.8m of shibs. wish i had more money to put on.
how much more do we need to buy lol? status update please
i’m at 22 million
i just bought 😎
45m, how many is this? i'm poor at math's 🤪
but how long until a dollar?
just dropped a g on shib!! first time buying too. still super early let us go!!!
i own 3 million somebody could bring me up to speed? please and thank you i wanna buy a house fefore i’m 45
i'm in, just bought 20 million, let us go!
just converted some other coins to shib, it is only about .
this thread is going to be filled with so much heartbreak lol
just bought another 25m
i got 26 mil so count me for two lol!
hype it up!! however means to keep name on forefront of minds!!
when elon talks, ppl listen… paint logo on next rocket for fun
we need to buy and keep it strong!
not an economist, but doesn’t that mean that the members who buy last have to pay way more?
sold my ~. doing my best to contribute!!
15 billion market cap. gotta pump those numbers, those are rookie numbers
just converted my ~❤️
not trying to be a debbie downer but i don’t think this math is correct. added another
hodling enough for myself and some pals
currently unable to buy (college student tings) but im buying in spirit
that’s like 4 grand lol but okay
holding at 80m coins
as promised bought my 13.2 mil
"hey if we dump "
bought another , wish i could buy more but been out for work for 20ish days with covid. just going back monday hoping we hit that 1 cent soon got lots of bills to catch up on.
it can rocket hard if some meaningful tech gets developed for long term.
i put in 1550€ (1800)
make this trend everybody!
100 million strong 💪
bought an extra 50 million shibs
so if we all buy and it goes to .01 then who will be left to buy when you all decide you want to sell and get them lambos?
i’m all for it but the more is bought the higher the price, making it hard for everyone to have 13m
i bought 350k million
doing this will cause a massive dump...massive...dump
if the price would be 0.01$, the market cap should be more than 4 billion dollars. more than all crypto market now. so, it is just a fantasy. 0.0001 is the best scenario
i put in 200, cant afford much more than that rn:/
i bought 150 million. i got you guys.
brb buying 13 mil
600 million shib here and more to come…only the true diamond holders and believers will profit. where can i buy that shib nft?
few people in here actually buy shib. i’d be surprised if it’s more than 30% of members here actually own shib.
i got 40 million so come on boys. to the moon!
ohhhh yes i will buy more myself
shit name a date and time so we can get it done fam
i'm at 134 million shib let us go army 💪
………i’m all in this. this should cover a few slackers lol
i am in i’ll buy 13 million more now
i'm slowly getting there... 2.6 million but i'm broke! next paycheck there will be more!
or 200% growth per month consistently.
done!!! now let’s fucking goooooo!!!!
yea… 13mil at a rising price while they buy it up…
is that actually how it works kinda feel like something is missing here
i just did! let’s goooo
i’ll do another 100
just threw another . 👌🏼
i’m here for half of what you’ve got (11 members)
i appreciate the size of your member
351.8… hodling for 26.65 members!!!
i bought a billion. let’s grow
i bought 100mil in just the last week. sitting at 470mil total. team work makes the dream work!
yessss!! some can chip more we would go further
maybe for the first member, but it would be .
not even a member, just did .
i dropped . i’ll drop .
do conversions count ? i’ll convert some shit too into shib.
i did too. let’s do it
how can i show proof. at 1144 i bought 13.6 million more. i’m not playing. let’s do this!!!
same just now. let’s do this
holy fuck!!! we’re doing it!!!
❤️❤️❤️you are a truuue 🐕❤️❤️
same here. 2.5k in the game. not much but all the play money i have.
(143m coins) - same!
how’d you convert? i’ve tried to convert hina to shib but nothing was converted. paid 150 in gas fees for the swap (convert).
and we 😍 you….
500? i got 500 😏
i can only add ,700,000 bag but i’m trying!! edit: just transferred ❤️ i tried a little harder holy shot of shib hits 1¢ i will be happy what i have if that’s all i can afford. it will definitely help me get some good positions in the future.
once my coinbase deposit goes through (i have a limit of 1k) i will put another 500 easy.
me too. shit ide put 2k
i bought yesterday at peak 1600$... buy the peak! raise the price!
i'm in for the long run.
[we in it now. just sold xrp to buy this today. ](
❤️❤️❤️u r a truu shib 🐕🐕❤️❤️❤️❤️
noice! this post really popped off!
ayyy… let’s get it
that’s honestly how i feel! i’m 💎 🖐 all the way to a dollar
thank you for being part of the community already 😊
it's ok. i cannot do . so instead i'm just buying minimum orders. after all, i always seem to have -. and even just . if every small fish buys (when we can and only if it would have been wasted on vice)... we could end up well over .01 by christmas. more importantly, we will also live longer due to the improved health. drinking water is bonkers profitable. 😂
all good! thanks for being a part of our community 😘🐕
coinbase? i belive all you need is a debit card
on hotbit or kucoin
regardless of the price you can contribute, you r part of this community and we love you 😍 🐕
absolutely! thanks for participating! 💞
yo i wonder if this subreddit is moving the needle? how many of us 300k + members bought? what y’all think 40% of us joined in???
i got in early with a 100. but been buying since on coinbase and added a couple k to my position.
just did. ur turn 🙃😘🐕
couldn't resist it i just converted another !!
i dropped 1k today and 500:
not everyone do it, but it sure move some of us to do it! [woof](
already did. not to worry shib-brother🙂 thanks for your contributions
now fasten your belt as more shibarmies are loading up
🦊🐕🐕🐕 let’s go shib army!
that’s perfectly fine homie! ur appreciated in this group regardless. don’t put what you can’t afford to lose!
well then you better buy now
no, it’s not true. yes, large demand typically results in a rising price, but the price is always set by the market. if there are always people willing to sell for .000037, then the price will stay at .000037 forever, regardless of how many people buy.
i wrote down the steps shiba brother!
np buddy... thanks for being a part of this awesome group 😍🐕
just done the same. let’s go brothers
also, one this baby drops on robinhood i will triple my investment.
thanks for your contributions 🐕❤️
ohh brother shib, you have done plenty, we thank you for your services 🐕🐕🐕🐕🐕❤️
just told my partner, he is going to buy as much as he can today (he does not have reddit) we have close to 3 billion shib combined between the two of us, and are doing our best to buy whenever we can spare the cash. 💎🙌
idk i was too busy replying to everyone and thanking them for being a part of this awesome community… lol
as long as it’s what you can afford to lose if shit hits the fan! letzzz goooo ❤️🐕❤️🐕❤️🐕❤️
dollar cost averaging every other 30 minutes? 😂 🙌🙌🐕🐕🐕🐕🐕🐕🐕
well damn! picking up for the whole community! ❤️🐕❤️🐕💎🙌
thank you for being a part of our community 🐕🐕❤️❤️❤️🐕🐕🐕🐕
hell yes! that’s why it’s called shiba community
we try our best. that’s all we can do
and we love you for your contributions. now hold strong diamond hands 🙌 💎
we love you anyway, sexy shib ❤️🐕❤️
we do fuck around at times though! play at your own risk 🙂🙌💎🙌🐕🐕🐕❤️❤️❤️❤️
post and share link in comments for inspiration
drop what you can lose! letzzz gooooo 🙌💎🙌🐕🐕🐕❤️❤️❤️❤️❤️🐕🐕🐕
13.2 mill shibs each would wipe out 1% of all the shibs out there. kind of like staking but on a soft promise that we wouldn’t sell.
that’s fine. we don’t have a deadline. just contribute what you can lose and don’t worry 😉 ❤️🐕
send us proof 🙂❤️🚀🐕
one of the reasons, yes!
hey someone gotta push the price higher, right? lol jk. hold long enough and you will profit, imo
i was as well!
that’s true. but remember the last thing the whales want to do is move the price down while they sell. so we should see a small pressure from them compared to if all of us sell at the same time 😂
likewise. thanks for being a part of the 300k+ community!
we bout to break ath!!!!! 🐕❤️🐕
u serious!?? can we see proof for inspiration reasons? ❤️🐕❤️🐕
post your position and paste the link in comments for inspiration to others 😘🐕❤️🐕
turn down for what? 🎵
i don’t know if it’s the last high rating post i’ll ever have, but it’s the most i’ve ever had it has been a pleasure reddit!
it’s a little less than the 13.2m i had imagined but if that’s all you can afford to lose than we support you as our community member!
all good. don’t stress it! 🙂🐕❤️🐕
proof for inspiration plz! 🐕🚀🐕❤️🐕❤️
we just want 1% of shiba off the market. how about that mr. market?
well it’s all about supply and demand. so at a point where people are buying if there are less sellers than price moves up but if there r more buyers price will go down. if we all hold that amount than that’s how many shibs off the market so much less shibs can move the price up
i didn’t say it does. it’s the selling pressure that cause price to plummet. and vise versa with buying pressure. but my plan would make shiba worth much more than it is now. if everyone gradually bought and held. then less shibas out there thus let’s shibas would move the price up
keep scrolling through the comments. here is mine:
yeah i’m piling up too 🐕🚀
that’s what i did a few days ago! ❤️🐕
really? ima check it out
post it and send the link in comments here. ❤️🐕❤️
all good homie g! thanks for being a part of the community! ❤️🐕
. it’s too early for a dollar. we just trying for a penny. we love your enthusiasm to wanna reach a dollar though!
invest in this what you can loose. also dollar cost average in with every pay check
i have a leap on baba and i’m blessing so i’m done with options for sometime lol. shiba is the way to go for me now a days
let’s get it! 🐕🐕🚀😘🚀
join the weekends to buy more with us
thanks shib sis! ❤️❤️🐕🐕❤️❤️
actually i just remembered i did that a while ago and left it in those random coins. gonna flip it all today
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **70693** times. **3.** `u-poem-533` **24436** times. ... **10046.** `u` **9** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
that’s up to u. but i see more potential with shib than eth
true shib warrior right here!
how is it a pump? i’m just stating facts
that would be if we want it to go to a dollar. devide by 100 for a penny
13.2 million shibs is like 500
’s for a penny we reahing
do the math again, shib-brother. it does depend on supply and demand so i get you but not what i’m saying
market cap? i think it’s 💀
these numbers you speak of don’t determine the momentary supply and demand. let’s put it this way. if i put 3 billion dollars at once the price would prob jump to 1 cent and all the sudden the market cap would be 4t
yesterday: play what you can lose please!
that’s what being a part of community is all about! 👌🐕❤️🐕🚀
who r you quoting? lol
ur contributions are appreciated!
sweet! tighten those belts we gonna take offff
that’s what’s up! 🦍🚀🚀🐕🐕🐕
the high is some day the low of that day 🤷‍♂️❤️❤️❤️🐕🐕
beep. boop. i'm a robot. here's a copy of ###[robin hood]( was i a good bot?[info]([more books](
**this word(shib) has a few different meanings.** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(delete)]( ^() [^(report)]( ^() [^(github)](
let’s hope it won’t break that support line.
which is fine. our goal is to collectively work to get it to a certain goal price.
take your time little shib bro! we got your back meanwhile. i can load up and i know plenty of people will do the same 🐕🚀❤️
u mean supply and demand lol? 🐕🚀
what if we grow our members?!
? bruh, i wish i could throw in
i already got 100m last get this pumpin
if you sir get the , i’ll do another .
done. i try to do this every saturday anyway so thanks for the reminder.
i’m using coinbase, i couldn’t figure out how to post proof either but i guess that’s not the important thing atm lfg!
42 let’s go. currently we could still have a pull back to 28 i’m not in this to watch my money go up and then come back down to the same amount. let’s go.
i’m buying not waiting till robin hood has it accessible to 18 million more traders once that happens this might go well over a penny
thats exactly how i'm seeing this if anything. imagine if i had what i had now to begin with entering shib. hopeful for future investments.
hey! you're doin great ! i'm proud of you!
post screenshots inspire others 💰
if you post a screenshot and tag me i’ll post a screenshot right after you
yo i just put in 😂
dude i sold some xrp too 🤣
just doing my part for the shibarmy 🐕♥️
buying shib= healthier lifestyle 💪💪💪 play it carefully though!
that's awesome on both sides!
np, if i thought i could i def would
yeah i’ve bought on hotbit too then transferred to wallet with no problems but this was before when fees were . maybe buy eth on hotbit, transfer to shibaswap and swap for shib….i recall someone post a way to do this and keep the fees low
i just posted mine 👌
i love how warm and welcoming all your responses are!
let's organize and do this. i'm down
this is one amazing group i am thinking of selling 1 or 2 of my 22 amc stock on monday and put that into shiba
i hear ya. fyi, check out dog collar on cmc. it was originally minted as part of the shiba project. up 100% today and market cap is still low and its going to absolutely moon over the next 6 months, shiba style
this is our church community so we all donate 10% every week lol. technically i donated about 20% of my wages. i've been putting 500 a week in for 3 straight now. 750 now this week.
damn alright! im 16 so im kinda broke myself, cant contribute but you go guys.
how do i attach a picture
i'm basically putting , for whatever it is worth. this coin might seriously be my chance to retire.
way to go with getting this rock rolling op ✊ seen folk whispering about this for a while now but, it looks like you are the chosen space pope. well done.
i want to hold as i don’t know nothing yet! am i good? 😅
less gooo! gonna buy 20m rn!
and just got another 13 mil. all crypto i possess is now shiba. i know i'm small in comparison, but the few people i know that pushed me to get in here collectively own over 3.5 billion... and they are not done, and they are not selling. let's keep it going.
i’ll buy 3m, k?
so buying 138 million worth of shib will bring our market cap from 14 billion to 4 trillion? that's fucking nonsense.
oh no i meant like that is cap, not the market cap
i already have 50.5 million but what's 13 more.
yea but 280,000 of us wouldn’t make much of any profit. for idiots that don’t understand this can be misleading.
done son!!! 357’m all in. at least till payday. lol
if everyone is reaaaally serious i have already put in .
i'll pop a hundred at least if everyone is serious
same. i’m on coinbase.
i’m kind of hoping for one more dip like in may before it explodes. i couldn’t afford to buy as much as just wondering wanted in june.
ive been definitely! i have it in my post history! once it clears ill post another shot!
how... just purchased another 1k but i have no clue how to post a screen shot.
let’s get it!!! 🚀
i want to contribute to improving this community! more welcoming and a family like vibe!
i did my part and way more. this is from an hour ago
yo bro no one can tell you what to do with your money but as a fellow xx amc ape try to obtain that -80ish elsewhere and hodl that amc! not financial advice but wishin ya all the best ❤️
i’m down to do this with u. i can put a fat chunk of my pay check if this does ever become a serious thing
post it. copy link and paste in comments
hell yeah count me in too!!
just dropped another 344
i dont have a screenshot but i got 54482246.86 in one wallet and another 26559565.45 on another, so just over 80 mil total 👌
maybe we can organize with the creator of this sub to track or notify users somehow
if shib reaches one cent, it will be worth more than bitcoin, and bitcoin is in a pretty high price now
let's do it guys.
added 15m more to round up to 50m
who is the organizer of this sub?
well. let’s put it this way. if what i propose does happen. than it’s 1% of shibs off the market, that is if everyone holds em. so we can expect a more acute squeeze up for the next rally
me to, 50m holder
stop acting like you know what the hell you’re talking about
i just tagged them in here. let’s see. thanks shib brother!
lets eat another zero
we have to surpass doge's marketcap to keep the momentum going
its hit about 5 ath tonight…
still holding 140 mil. 💎
still buying and holding, i've never sold a cent! 💎🙌
yo what is that?? its beautiful!! is this an nft??
she’s running like crazy i’m new to shiba coin bought 11.5 million last week. i’m going to hold very long term 🚀
bought another mil lets gooooo. holding 9 mil
we won one battle. keep it up. i want to have a good christmas. shiba to the moon! 🥳🥳🥳🥳🥳👽👽👽👽👽
i put in another . that worked out well. lol. woke up to a new all time high.
i reallyyyyyy wish i had put all my savings into this coin, not being sarcastic, i do not have much savings, but if i put in all my savings, i'd have made a lot more, i already have gained a good amount, i put in around , and now it is worth nearly ,100, which is a 450.4% increase, which i'm pretty damn happy with
loving this dog run
riding this bitch to early retirement
been chasing it with limit orders. it just would not pull back. now it is doubled again. i should have just fomo'd all-in at 20.
can’t wait to fly the shiba flag on my boat when it hits
holding on to my 25m until we get to a penny 😈
congratsss for hodling guyss, we have another mission to the moon so hodl hodlll
thinking is selling my doge to buy more shib to be honest lol 😆
everyone keeps talking about holding dont forget to buy and hold - buy and hold - never stop the push - buy a little every time you get a spare couple bucks. its the buy that keeps the sell from happening not the hold. i bouhgt the all time high today - just bought more on the dip .
i'm still holding strong, always going be a lot of traders selling once it hit the 000042, resistance at 000043, will need some consolidation ideally between 000035 and 000040 before the next leg up, especially with robinhood news. will be excellent if it finds strong support at 000035
if this could get to a penny… that would set a lot of us monkes free.
135 m and hodling
90 mil and holding strong!
top of the day my fellow shib soldiers. stellar performance this weekend. cheers to all of you!!!
my plan is holding for a few years, like 3. am i wrong or you guys think it’s a good strategy?
i’m 💯 hodl nervous watching it fall below 4 though! shiba warriors never retreat!!!! hdling until i can buy an island and never have to work again… let’s refuel at the 🌙 and 🚀🚀🚀🚀 to the dogstar 💫💫💫
the force is great with this army.
yes sir, i cashed out and sitting pretty now... lol jk still broke with all my money in shib
don't panic when the surge corrects. we're probably looking at a drop to 33-35 and than consolidation at about 37-38 before the next surge. hodl!!!!!!
fam, very happy to be with you all since the very early beginning! this is just the start of a wonderul journey!
feeling like a diamond hand today, told a friend of mine yesterday that shib is pumping do not sell! aaaaaand he sold, cut to this morning made more than double than him in profits with investment half of his. now he fomod in lmao. diamond hands all the way!
i have 86 million so far!! sold all my doge because i know a winner when i see it!
we are just getting started!! congrats to the diamond hands!!
i've got 42k in so far... staying strong 💎
this is so beutifull 😮😮😮🤯🤯🤯
hodl! this is the way! to the moon shibarmy…
1 cent nothing less
i’m still here 10m strong and buying more each paycheck🙌💪 baby steps to financial freedom, to the moon we go🚀🚀🚀
hooooodl my diamond hand soldiers‼️‼️‼️💎💎💎
today is a good day to hit ath.
this needs to be an nft.
if people keep taking profits and selling off...we would not lose a 0 until robinhood lists us!
56,000,000 strong and when it hits robinhood i plan on buying another
grabbed 25m more 🚀
sold all my doge. waiting for the deposit to buy more. lessgggoo
i’ve been adding shares since i first bought in a month ago. even converted some of my other crypto to shib.
any way to get this as a screen saver???????
gooooood morning shib fam 💗
on our way to eating away a 0. where are all the doubters?
can someone destroy musk's twitter account?!
right here my guy. 200 mil
i got a first class ticket to the moon!! 📈🚀
i will help change other lives when it happens!!!
if it hits two cents i'm a millionaire just saying lol 😂
diamond hands!!!! let’s chase that 5!!!!
bought 140m months ago and i’m liking this :)
400,000,000 big boys in my pocket and they ain’t goin anywhere till we hit moon money.
shiba to a mf penny... 🍆 💦 💦
this is to be expected. it will steady out.
me and my three buddies are holding a collective 20.5 mil coins, hold strong retards! 🚀
staying 100% optimistic here with 🦍💎🙌, it was tempting to sell when it reached above 50% and then now dropped to 10%. still buying at dips and holding, couldn’t do it with out this group!
how much is this nft?
l...f...g! 🚀🚀🚀 shib is the shiiiiiiiit! *not financial advice*
ya boi got 1 million shib! am smol but 💎🙌
love this! been holding since april. lets go!
is this an actual nft?, i want to get one
lets eat that zero before the october ends! 💎🙌🔥🚀
i'm balls deep now with limit orders stacked all the way down to 26. don't let me down.
holding 27 million my exit point is half at 0.01, half at 0.25 and not a second earlier
can't wait until there listed on robinhood, or venmo!
eat another zero!!! i love you all! if we get to even being worth 1! that amount of money will do me so much good that i pray for all of us to do well!
bought 30 million shib today and buying 100 million this week. i’ve sold off all of my other investments besides safemoon and have decided to yolo shib
diamond hands 💎 ✋ right here!
that's nothing we all should wait for shiba to hit .01 i believe it is coming soooooon 🚀🚀🚀🚀
yes, it is very exciting. my price target is . wake me up when we get there, going to take a quick nap.
i sold my 45million shib last week, wish i would have kept it now, hopefully others held it for longer!
so happy i sold on webull to get on coinbase and bury them on shibaswap. hoooodl!
it’s because binance has it on front page? i’m assuming this to be the case.
i'm hodl... i'm buying more
i’m a newly single mom and had to sell my 474m shib to pay my rent in august. i was already up . ii was hoping i could get back in before it mooned 😭 wish you all the best!!!
💎✋ right here and trying to buy more on the next paycheck.
i am so thisappointed for not buying more when it pulled back and sat for a while. not selling though, that’s for sure
paper hands are gonna cry at lost opportunity
as it fucking should be!!!! let’s keep pumping guys !!!
hodl, my buddy messaged me this morning, more burn incoming.
lets eat another zero you homos!
holy moly what a day! sad that i did not invest more, but the shib farmed through cdc's supercharger have increased 10x since i got them.
i am getting that excited i am buying more when i get paid at the end of the month.🤠🚀
i am buying more , fuds. can call me stupid all day .
despite the higher price, i still bought another 1m tokens. i'm in this for the long haul.
27m shib. holding until i make 1m
and i dont think its even done yet.
reporting in, holding until death or
bought 25 million. up 45%. holding. probably add more on next dip.
✋✋✋holding 60 million till .10c let us go 🚀 🚀🚀🚀...
21mil and growing :)
to sell now would be a complete waste
y’all see what some “pennies” burns can help to do?
still diamond hands! woot woot, to the moooooon!
i just bought shib to hold. i may sell if it hits .00 some day, but only so i can live on a private island.
🙌🏻 💎 💎 🙋🏻‍♀️
we are the best coin in the market lfg
diamond paws mf’s 😎💎🐾
millions or bust not settle or selling and i may think about it when we see dime-1.00, at the burn rate maybe a couple years but all i have it time
need the stl files so i can 3d print this.
waiting for it to pass a penny
wake me when it’s a penny
so tempted to buy but i’m not sure if it’s going to go down sometime soon.
bought 5m more today!
💎🙌🏼 16 million shiba coins!
random dude here. putting in some nice bread
i locked mine in for another 3 months stake let’s gooooo
typical hold time is up from 12 to 16 days. pretty good sign that holders have faith and are looking at the big-term picture
hodl is the way
to help the cause i just picked up another 2.5 million
yes here, holding, diamond 💎 ✋
we are now 2 place behind dodge on mc...let us go
i just converted 2000 doge into shiba, fuck it lol
hodl is the way!
that’s mad cool is this a nft?
don’t sleep on the shiboshis!
this is wild !!!!
still holding not selling let’s goo!!!!!
i spent all my purchasing power today. and i hodl. dammit, i could not stay away.
all the way up going to the moon baby before you even know it
please guys, it is too early to start selling. fight the urge, be patient for the big one
just in for another !
does anyone know why it shot up?!
don’t sleep on shiboshis!
i sold 30% of my holding to buy back when it falls to multiply. not sure if its a wise decision but i am happy.
lfg! diamond hands 4l!!
hopefully it goes down again so i can buy more
i need this wallpaper
i have bad credit but i want a house. let’s send this puppy to the moon!
we're better than dodge only been holding a week, but let us see where this is at in a year or two.
cannot wait for when i look back at my buying price
been and still holding for over a month! burn baby burn 🔥💎👐
100m hodl! let’s knock off zero’s 🚀 burn🔥 baby burn! 🔥🔥🔥
i have 32 million i bought for , i like this trend!
yessir 18 mil coins! let's goo
feels like i'm home.
best coin for sure
watch out for whales dumping.
good job diamond hands!
all the people here going like i want to see shib at 0.1 or 1 etc... remember it only happens when everyone hodl's. that is our part to do. no other way!
okay got 11.6 million shiba now... new salary tomorrow... might buy more couse i love the dog.
i am not selling until i'm a millionaire. and i'm not talking shiba millions. fun fact: ain't is grammatically correct in that sentence.
sorry i was out celebrating!
guys my friend is encouraging me to buy shiba uni. should i? i get the math and all but what makes you see potential in this coin? your opinion would be greatly appreciated
just doubled my holdings with another 14 milli lesson goooooo
let's keep it going party people
traded my shiba right before the jump!!! pro traded here !
i don’t give a shib i holding this piece till it change how i live
wish i would have bought more!!!!!!!!!!!!!!
bought in friday. im holding for at least a year.
send that nft to this address please ;) lol but seriously, love this!
right here buddy boy
why why guys just hold and keep buying better for all of us
going long on shib 🚀
congratulations on reaching a price milestone shib-army! let's do this again soon...
holding on to my 1.8 mil shib coins!!
i decided not to look at the price over the weekend to see if that helped. you and tips are welcome.
been holding for months this is what i’m looking forward to
12 million but i’m trying to get to 50 million for now.
we're going to knock off another zero by the end of the year no doubt
i'm on that hold 'til we're old vibe
am i paper handed if i sold a little with the intent of reinvesting on a dip
i got to my first milestone of 15 mills, will see what my next level will be.
hodl you paper hands
shib gunning for doge's position and i think this will be a reality before the year-end. doge do not have a chance. checkout the review below that explain it all.
ya! i need a count of people holding and folding cause this is dramatic!
i’ve been watching this graphic spin around for prolly a couple hours it’s pretty dope
fuck yeah. i'm here with them diamond hands boy.
i have shifted to watching the chart every two minutes to looking at this graphic it’s so dope
wow that would make an awesome nft giveaway as a promotion. i like my nft collectibles lol.
who made this? asking for a friend
i am done believing in diamond hands. it's all a bunch of baloney to allow big holders to scrape profits on the way up. telling everyone to have diamond hands just ensures that the price remains steady on the way up and to keep supply of the coin out of circulation whilst big holders take your money as you keep investing on the way to the "moon". i am not playing the game anymore.
i am all the way in and all the way up... shiba inu to the moon. i want every shiba homies to buy 10 million, then we should be nearer to the moon.
shiba baby i loved you so so much.
let’s kill another zero
still got 501m, i paid my mom a hundo in shib, new team member and now i’m getting texts at midnight haha
fucking awesome 👏👍 so glad i ignored every bloody fudster.
we here baby, im not selling a shib until we see the 3 zeros thisappear
just bought 10mil shib. let's go!
guys shibu inu airdrop is live now, follow link >>>>>
🦍💎🙌 here! actually i bought at 0.00000541 and sold 1 million at the all time high 0.00008150 wish i had sold more, i thought it was going all the way to land on the moon! it didn’t, i bought many dips, then it dipped and dipped an dipped all the way down to where it is right now, so i’m still buying all the dips dip, i can only afford so many dips, so i’m hodl-n sure hope-n for any ath i will sell a few, knowing it will dip again. i’m just a r’s and enjoying the awesome shib experience!
lmfao what happened boys :( your army is getting blown up right now hahahahaha
can i get some help over in wall street bets. i’m trying to spread the shib love and am getting push back.
took my profits, its going to dip. ill be back in when it starts slowing down.
not selling not selling !!
💎🙌🏽all day! not selling until at least
i already reached 101m… i think i need more because 🐕❤️to eat zeros 🤤
i’m in…i’m new. realistic eoy mark for our puppy?
of course it pumped i sold at 3200. ive now rebought at 4400.
assholes are selling and profits are being taken , fuck.
they all just sold. lol
institutions pumping. tank before premarket monday. hopefully not but ey
we need a sticker ;)
i’ve been holding since early june. i want us to eat all the zeroes and get to 0.004. that’s 100x what it is now and still under a cent.
shib kicks ass!!!! [
our 24vlm is almost more than mc 😅 we definitely need that 20b mc
shib is attracting a lot of new members lately, if you are new here i would recommend first reading up a bit on cryptocurrency. don't just jump in on fear of missing out. make sure that you know what you are getting into first. you can use to get started, it takes you through the process of buying on an exchange step-by-step. the guide is available in 18 different languages and the additional articles on the site should also answer most of the questions one might have starting out. :)
a lot of posts from doge holders wanting to sell to buy shib. as we keep moving up doge holder will convert to shib. the fomo will be real
it's a race let us go!
we do not, will for sure, but we do not. shib has so much more going for it.
shib will surpass doge.
i got 20.00 do you?
already hit 5, wdym?!
same here man. holding 200 mil since early june. was a little painful almost buying 13 mil for . but i look at it this way. burn a 0 and . so gotta stop looking at how much i bought. just hope we can burn a few zeroes still for that ,000. not even talking about the 200mil. that’s for retirement. hopefully.
bro you're gonna be so rich
nipples fanny taint ?
keep holding my dude. let's talk about our future when it hits 0.1
dropped in 800, fell asleep, woke up blessed!
man, i was too scared to. i had dropped like 2200 into it, was scared of going down while i was sleeping. that's the 3rd fuck up i've made this week
i bought in last night too. i want more but not sure if i should wait or just accept this is the new price. 🙂
i keep buying in high and losing, down .00 on this coin from dramatic steep drops. if people would stop folding and selling, that would be great...
why you did it? did you have some hints for this to happen?
i did and whiped out 9k...i really hate this coin and trying to get some of it back but keep losing more. there are people losing on this coin...
so this a bad time to buy?
yup...that is how it goes
will never hit 1$
this if everyone just hold and not buy the price wont go anywhere this aint stocks lmfao
this is the reason why i want sell it now and buy again after
i'll load the boat at 35
i am holding until it gets to one penny. i’m honestly only in for less than a grand and consider that money i’m willing to lose. to get to a penny will take a massive burn + several years.
same but i plan to dca along the way… it gets really tempting to sell though not gon lie
imagine all those in may. watching it go from .00003 down to .000004 and stay there for 4 months. that’s some serious diamond hands. we got this.
let's lose a 0 before robinhood list!
sold xrp to buy more last night. set up recurring . even 2x is an amazing return on my money.
we should be encouraging the race !
don’t spread false hope. there are noobs who will read this post and they’ll think you’re serious.
don't ??? enjoy the ryde 🚀🚀
and btc had its ath
simultaneous congrats & condolences.
shit i regret not putting more into it when i bought back in early april. only ,000. should’ve bought 2.6 billion for ,000 usd.
watch out for a pullback and look out for the next support where consolidation and accumulation happens before next leg up
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **70693** times. **3.** `u-poem-533` **24436** times. ... **21567.** `u` **5** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
no one is selling… everyone is jumping on this rocket ship!!
those are rookie numbers. let's knock a zero off that. then watch the doge patrol abandon ship and ape in to shib.
###[view link]( --- [**info**]( [**feedback**]( for savevideo)''[**donate**]( '' [**dmca**]( removal request for savevideo&message= '' [^(reddit video downloader)](
they don’t do crypto.
i sold at 2700 because my bank sucks
awesome, i bought at five decimal places low. im alread at > x5 profit and 0.001 is 100 times my account
how did you know that is favourite 😹
let them jump in mate. just make sure they understand this isn’t a pump and dump. this is a dump cash and hodl shib. until we burn at least a zero or two. or maybe 3 in a couple of years. this is my retirement plan.
i'm holding both. they're fun to own. and i love both the doge and shib communities. this world has a lot of wealth. at some point the big banks will get bored with btc and eth. they will want in on riskier .
right! i have also been mining shiba to get as many coins as i can. so far the amount i minded is small by comparison but if it was ever to hit , it would be a nice amount.
we only need 1.4mil to retire.
wow y'all are really this delusional. "all it has to do is 10x again and it is 10x!" correct. and if enough people buy into a ponzi, and you get out in time, you'll make money. correct. please take your profits while you can people.
i hope you become rich too
positive vibes to you forever
i'll take 11ty millions
i’m 100% shibarmy now 🚀
only the people can determine this outcome. so come on people it’s about coming out on top!
i’m holding way past . just a long term investment for me
if you've been doing this a while you know it would not dump until .000069
at this point i believe any price is good. my plan is to buy little pieces at a time with what i can afford. . . slowly averaging in then hodling until i see generational wealth.
gotta know when to hold’m. she’ll come back. 😁
just look around. this shitcoin has a huge community building and gathering. look at the charts. look at the support level. look at where it is with upcoming releases. i do not know how anyone *did not* see this coming. i texted everyone i knew that was in it at 1pm yesterday telling them it was the last time to load up in the .00002x range. half of them are happy, the other half kicking themselves.
if you're part of the shib army that believes in .01, everything below it is a great time to buy. we all buy and we all hold for each other. haven't sold since 0.000005
sweetie i when dodge was 0.005 i thought it was a bad time to buy and i kept waiting it ran up to 0.19 and i missed the run up waiting...
great time to buy.
you'll have room to wiggle between the next 4 decimal points. personally... i expect a 1500% run in the next 4 months. meaning investment is probably a good idea before. gonna be a fun ride though so buckle up if you make the purchase.
a lot of people say this, whats the reasoning behind it?
someone do the math on what the mc would need to be... i'm hopeful for shib but theres a line between hope and delusion
maybe in 5-15 years. very unlikely but possible if we keep burning shib at current rate for the next 5-10 years and it starts being accepted more and more. well. even still maybe not . but i see .1 feasible at some point.
i wouldn't risk it missing out in case consolidation is above 00004 and does not break below that support. always good to secure profits but with shib, this is a high risk high reward
people who sell and buy and sell and buy over and over are a huge part of the reason why we hit resistance in raising the value. also, you're risking missing the boat when it rockets. don't want you missing out brother!
yup. im counting on 0.005. depending on how it is then i might pull out only half. but that’s also likely a few years away. this is my retirement plan.
yeah true. but i did not have enough doge to make me money like shib has. goodluck to thise who still do
good call, did not think of that. my pt is , but my time horizon is 5 years.
i feel you bro, i put in 10k in fuckin safemoon in april too. i’m sick thinking about how much that would be in shib right now.
i’m pissed at myself for not buying earlier and i’m still questioning wether i should buy now
some might. a few makes a difference!!
i think that’s doable for sure
shibabstyle pac man eating zeros towards the decimal. brilliant.
yeah i bought around 0.00005 as well. hoping for retirement funds 😏
that's great!. i bought at .000009 7x ahead.
why is everything racist?
ooh. i didn’t know you could mine shib to be honest. i’d be happy with some mined shib. point me in the right direction? i wouldn’t ever expect . even .01 is a stretch. but fuck it. i’m high on hopium.
🤷🏻‍♂️. i am holding for awhile. i don’t want to sell now only to watch it hit another 0 in 6 months. i believe this coin can make it for awhile. you obviously don’t. probably not the right sub for you. i’ve heard bitcoin since it was 13k and sold at 48k. eth when it was 300 and same thing. i also bought doge at .006. i messed up and didn’t sell at .70. but it’s ok. still sold at .30. i’m gonna hold this until i decide it’s no longer reasonable. that time is not now. i have faith in it. i could be 100% wrong.
really, though. if that is an nft, it is awesome.
hodl, for sure, but it will never reach . according to coinmarketcap there is 395 t shib. for it to reach . that's 300 times of btc and glancing at the numbers mor than the sum of all the other coins cmc keeps track of. hodl my diamond handed friends, but have realistic goals!
yes, but keeping in mind we are talking about a shitcoin, unless ntf games get popularity, it could be a momentaneous pump that will return on the old value, so this could be the moment to take advances. but i think the coin will keep going up because the community is big and there is a project behind, also considering the pump happened before the robin hood listing. so also if nothing is sure but i think it will go in this direction, up.
people are so focused on making 10000x that they forget most of the time in stocks 2x is crazy. think about bitcoin, it would have to hit 130k for people who buy in now to hit 2x. you can hit 2x with shib if it goes from 0.00004 to 0.00008 and still be very far away from .01 and make a nice return.
but since resistance is at 43 maybe ppl will sell tomorrow or today and then jump in... good luck
to get to . bitcoin’s current market cap is .1 trillion and eth is a little less than half that.
way too many shib coins in circulation. they need to burn 99% of existing coins to get there.
even .1 is not gonna happen. even .01 is almost guaranteed to not happen. be realistic
i got half in stacking for 3 months, untouchable until christmas :) , and the others to be sold when i want. with this pump i could recover some money, but also i do not want miss higher ath. the ground is not sure. but i'll still keep them.
that's why i do not sell. i can miss a new ath before the price gets down. so yes, thanks, i hold and hope we get what we deserve :)
we’ll get there buddy. i just feel for all the folks who dump waaaaay more than they could afford into crypto. i’m tired of reading about all these people who dump their life savings hoping to get rich quick.
i’m talking about posting about crypto in general over there. against their rules.
yknow what, i'm on it. i want this sticker
not to brag, but i got the sweet spot at 0.00000562 at 400,000,000 coins and bought more when it hit 0.00000717 with another 200,00,000, so i guess i'll be doing alright!? 😆 loving it!
ya sure go to they have walk through guides on how to set it all up
but why does it have growth potential other than hype of everyone buying in for profits?
how much shib that worth
nah. i used to be like you 4 months ago. because the circulating supply was just obscene. but if we keep burning at the rate we have been these last 4 months and more. getting to .01 is feasible. maybe even .10. and who knows. in 5-10 years we might hit . look how much has happened to crypto in last 5-10 years. we just need to keep burning the supply like we have been. majority is held by whales and whales tend to influence the market. but shib seems different. **due to the strong community the latest whale dump didn’t hurt us like it would other coins**. so my faith is renewed and strengthened. just buy and hodl
cryptos are just supply and demand. the market cap or any fancy math does not matter. for any "smart" guy that says a coin is worth x market cap, you'll find another that says something completely different. we're in uncharted waters. just hold on and ride it up
i have faith and 💎🙌🚀
it's only been resistant at 43 for a very short time. it was resistant at 34 yesterday, before shooting up to 36-37. it was resistant there before shooting up at 39. it was resistant at 39 before suddenly spiking to 42. i've learned resistance is futile with shib. can't stop the rocket.
your reddit account is only 31 days old sweetie.
someone w a brain lmao, i love shib but dont set yourself up for failure
nah. in 5-10 years if crypto starts being accepted as form of payment in more places and can be used simply with things like apple pay or paypal, i can see .1. we just need to burn off enough coin so that our market cap isn’t more than all of the other crypto combined lol.
i'm with you. i have a small amount locked in staking too. the plan is to keep it in there indefinitely. if .01, then the interest would be my spending cash.
agreed, you should never invest money you cannot afford to loose! crypto is especially volatile. i first bought btc back in 2017 so i've seen my accounts xxx% in the red, feels bad. fortunately, i did not buy it with rent money, so i could hold until it went back up.
at 600 mil? yeah. you’re doing alright ☺️
thank you kind fellow.
because it’s still enough zeroes away from being unreasonable hopium. i feel it still has growth potential. also this community seems to have somewhat more control over how the market reacts to shib. whales dumping trillions of shib doesn’t crush it like it does some other coins. what else is there like this? no other coins really i find the same. hence why i invested in early june. either way, why are you trying to convince people to sell?
would you look at that, all of the words in your comment are in alphabetical order. i have checked 319,180,822 comments, and only 70,934 of them were in alphabetical order.
"resistance is futile with shib" this should definitely be made into a meme 🤣🤣🤣🤣🤣
thanks for checking out my profile! new to this site not new to trading...but hey looks like it is pulling back like i said early am on monday it will be red!
as promised hun its in the red 12% 7:33 am monday.
i believe it’s around 350 trillion at where it sits currently. even with burn offs you would still need a lot of that. bitcoins barely over a trillion after over 10 years. once again you will never *ever* see a dollar, 10 cents, or even likely a penny.
well a dollar would be about 350 trillion. so if you think this can get 10% of that at 35ish trillion, i feel i can’t help your level of stupid. to think this will receive 17x and some change over bitcoins market cap that’s built over 10 years. special kind of stupid.
yes, 0,01 is difficult but not impossible, but since yesterday this coin became the most traded on coinbase, with a larger amount than bitcoin and etherum combined, this means that the target is not so far and once robin hood and other listings come it is even more possible in a shorter time. so it is good to have a blocked number of coins in stacking, since in the long period this con can grow a lot, because for christmas we can get a good gift :)
i'm encouraging people to take profits on a fast moving meme coin... they've come and gone for years and i suggest not holding the bag when it is over. the "number or zeroes" is not relevant , market cap is, and buy sentiments. the second nobody's buying, it is over.
weird bot...just weird. just think, if we humans did not have bodies we would be similar to bots. what a waste.
a bot can drink everything for greater high, instead just killing like most nanobyte of-course people quit rating songs to understand very wondering x-ray zeno's.
you must think i have been doing this only 31 days , or i am really stupid hun.
i mean at least i’m not an idiot and an asshole like you, so 🤷🏻‍♂️. but i’m assuming you didn’t read my comment and my explanation on the only way it would be possible.
it’s a fast moving meme coin but it’s not the same situation as was with maybe doge for example. and people are looking for something like that if they missed out on getting in at 0.0000. so zeroes make all the difference. looking at new crypto same way as stocks or previous coins isn’t going to work. crypto is full of emotional retail investors looking for the need coin they can get into early enough. you just sound like someone who either missed out or sold too early and now want others to be there too. i’m possibly wrong tho. who knows.
rofl i like this one.
i cannot tell if you're just being an asshole for no reason but that is a bot, it really did check 319,180,822 comments
fuck you alphabet bot! beat that one. not only did i use sequential alphabet letters, but i used every fucking letter of the alphabet.
im on here to make money get info and give info if i can if you do not think it is helpful ignore me idgaf & i never said anything about you being stupid nor do i know how long you've been on here but thanks for the info. 👍✌
even with a burn off and apple pay or paypal this will never reach that amount. burning off that amount of coins would have counter effects that you clearly aren’t aware of which would harm current holders and limit future buyers. but go on and continue to ramble clearly you don’t understand so i’ll leave it at that. i’m done explaining to you why this is ridiculously stupid to aim this high.
mate, the zeros make no difference. what are you saying. would you rather have : 1 ? or 500 pennies?
ur an asshole haha
that’s not how this works or what i’m talking about. but i won’t keep arguing with you. you do you.
your phones about to die. also, holding my 61 mil till it makes me 6.1 mil. end of story.
i got the notification i'm like wth. what happen??? what made it jump so much h
patience is the key to life's success 😂😂😂 ... i will donate
buying more and more 'till the moon ! after all 1 cent is not so far
im still holding! i put & got 14.5m…. its now worth !😎
it got to around 599 for about 5 minutes then it dipped way down and i instantly bought another 1000 dollars worth of it. shiba
me me me lol dude. another ath. at this point it is like do not even bother ever trading. just keep your shib and chill and by the time you check back, we killed another zero! woo!
i'm not fucking leaving!!
sold my doge into it last night 😎
"like" if you bought more!! 🚀🚀🥂🤟
we will definitely be dropping a zero in the coming weeks. so much momentum
holding 180m until a minimum of .10
i keep hoping for a dip below 45s so i can buy more but its never coming back is it? 😅
i don’t plan on selling anytime soon. just buying on the dips moving forward after putting in .
.000055 will be the new floor by the end of the day and i think we peak at .000066 edit: i’ve never been more happy to be wrong in my life! we hit .000070 at 9am cst to the moon 🚀🌝
i bought more 🚀🚀🚀
just bought in at .000054… finally got me. when doge peaked it was 3x this
if you're not putting all your life savings into shib, are you even trying?
please charge your phone, how else will you be able to buy more shib!?
💎🙌♾🕳 i only have 6m but hopefully this gets to .1 or
hodl till 1 dollar
ofc im holding... im thinking minimum 12 month😂😂 and the money i have invested in shiba is money i dont care about (450 euro) but the coins is fun to watch at... only got 17 million coins atm. gonna buy more later in this month.
not only holding, also purchasing. just sinked another
btc ate sht along with most alts but shib held strong. now that is some wild ass sht. good job people.
6580 now, still holding. till it to the moon🚀🚀🚀
i've been holding this one since 0.000007 and it does not bother me up or down i'm not leaving, this shiba will help me to pay my family debt ,my freedom everything that i ever wanted.
everyone's jumping out of doge and into shib as predicted - shib market cap will soon exceed doge! remember to keep burning a portion of your shib - the gods look upon each sacrifice with favour!
i'm still buying! there's no such thing as dip only extra dips
diamonds are made under pressure. these hands are solid no paper
to the mothefucking moon
hodl since may 💪🐶
been holding since june baby in this for the long game
300 million and never selling until i see a million in account
i only have 2 mil coins, i wanna buy more bring that to 10
45mil and no intention to sell until we eat a couple more zeros hodl 💎💎👏🏼👏🏼
i’m happy 100m shib
holding , holding holding. didn't eat yesterday lolz
up 600% not selling anything until at least .01
69.5 mil, thinking about dropping another 1k of usd on it! i want to retire on this!! to the moon!!!
i'll decide when we hit a penny
i actually sold mine when it was 0.000007 i wish i never did that. also if i had of gone with my gut and dumped 10k in i’d be sitting prettt wealthy right now. but i dumped 7k in and now i’m on 8.5k so not to bad
hey guys, i suggest everyone pack a lunch. don't know if there is a mcdonalds on the moon.
how to buy on binance us? saying usdt
how do i buy? in usa
this aged well lol
to mars and beyond
ahhh the morning wood
f to all the paperhands
why sell when in months you’ll make hell of allot more this is not going back in the box…. it’s been unleashed
let it sit a year…... patience……...
i am waiting for my to 40m to make me a euro millionaire. period.
still holding while it’s mooning? yes, yes i am still holding.
i'm holding all the way to the moon
hold and hold and hold. oh, also buy and buy and buy!
hold for gold! we're all hitting it big if we just hold!
i’ve only got 5 million but that will pay off my debt! let’s gooo!
still in hodl mode!! when there’s dip i add. hopefully this will be the merriest holiday season for all!!
just hit 20 mil and i'm staying there for now
like my fuckin life depends on it!
yahoo finance round it up to .0001...i almost spit my coffee out until i realized what happened. still showing up at .0001 can bring new investors!
15 milions in, i will have an heart attack if it reaches more than 50k
i'm trying to prove to elon we do not need him. that and make enough to quit my job. doge is .20 cents i think we are the better coin we should hit 1 dollar some day.
ugh. i wish i put in more when i did. i did the basic math and i'll be getting 17k at 0.01 and some of you will be getting millions at less than that. look at me complaining about that amount of money haha. i'm grateful, what a world we live in
why would anyone sell ?
just wanted to say that i literally made a coinbase account an hour ago and hopped on the shib train. buddy of mine told me all about it at work, and i thisregarded him. but something egged at me, telling me over and over "you'd probably better hop on that train." all in all, if we get to , i'll be a millionaire. kinda tired of working overtime.
holding my 7.6m till at least .1
we hit 65 and im still not selling baby
it's happening!!! 💎 🙌🏼 💎 🙌🏼
are zeros on the menu this week? the dog is hungry.
holding to the mooon alice!
these diamond hands aren’t going anywhere!!💎💎💎
why wouldn’t you hold at this point?
i put in ’m up over 3k 😤
bought 22m couple days ago and not far off doubling.
still holding at the 63 as well!
i wish i had staked. the whole thing is complicated to me. any advice from some of the fine people here? also, 💎🙌 till the 1 cent dream, baby. i've got 68 mil right now.
man, seeing where we are at now gives me minor r. .00005's did not stand a chance! you blinked and missed it!
holding 100m until it hits .01!
holding and buying more always
i don’t understand does hodl mean to buy more?
lets be real if we hold to even what doge did we are all millionaires 10x over
diamond 💎 🐾 let’s woof up to that heckin moon everyone!!!
hell yeah. i even traded my bitcoin and sia for shiba
holding for at least 2 more years. i’m aiming for generational wealth for the entire family and their offspring, not just for my lifetime.
holding till .1 idgaf what anyone says
i just bought in we aint sellin anytime soon!
it started, shib will flip doge anytime now and enter the top 10 cryptos. with shib new blockchain around the corner, experts are saying shib will soon reach , before doge. read more here: \
yeah it is crazy!!! i just put some money on the leash devs metaverse token too... starl (starlink).
that was yesterday my friend. it’s double that now
shiba inu will reach at 0000.8 today
funny how i'm reading this and shib is at .000067, now. maybe we should just stop posting everytime something moves. i'll see you all at .001
holding 862,000! needs to burn a lot more coins for it to be able to hit doge coins ath. right now, it’s mathematically impossible for it too! hodl
will correct from 7000 to 5000. reload then.
hodl till 0.27 so doge community will get confuse
💎🙌 all the way!
a joke coin! “whos laughing now funny guy”
charge your damn phone
holding my 8.9 million still.
honestly have not even thought of selling. any other stock or crypto i've been in on and started to see a dip i freaked and sold. something in my gut tells me this will go far
i jumped out of doge after i made 4k, missed out on making 40k. my hands are diamond this time
is it a good moment to buy?
the fact that we were in the 5s not even a day ago and now were headed to the 7s. this is truly amazing.
holding like a thirsty camel 🐪🚀🚀
3 more zeros could go this month i wouldnt sell still lol. at this point i am nailed to this rocket
hodl to 0.01 if we get a burn of shib then we can get there, this has great momentum now
this is just a beginning!!!!!
gonna hold until it is worth it to sell. .7 would be nice... xd
just bought 1300 dolars more and posted proof ;) love you guys, hodl till uranus
i bought at some odd low number made 400% profit last week. sold. then reinvested at the peak today just to double down for the team.
51,080,744 working on 75 million,waiting for a pullback to buy more…...bought most of my coins, 0.000005 i’m super pumped on this shit
well, i upvoted. it's the best i can do.
ah yes, i remember when this happened a few months ago. *checks notes* that was today?
i ain’t no punk. bonecrusher said i ain’t never scared
ya im hodling. not in a hurry.
200milly bitches. holding till i’m richer than jeff bozo!
shib is fucking going to , the path is clear from this expert review blog post. read it then hudle.
doublin shibu airdrop is live now , sharing the link >>>
look at have been looking at my 401 k and roth ira losing over 70k in one year… i took money and invested in shiba, ethereum, cardano and iotx …. it made back my loses already…
what market cap does shib reach to get to a penny?
these posts are cancer
are you here for the likes? doesn't coinbase show you your money in that view? you seem to have an empty wallet?
298 million my sell goal is half at .001 and then half again at .01 and the rest after if i see some stupid shit like doge did.
held for like half a year. sold a few hours ago at an ok 85% profit. fuck how i regret that decision now! 😅
that price is so 24 hours ago.
at .1 i’ll have 7.5!!!
i'm also holding 60 million, we holding till we millionaires!
only at 31 million or 3.1 mil, but i'll still be happy. end of my story!
same for me let’s goooo!!!
i swear i do not understand this litteral dogshit coin at all. the last time this coin was overhyped the growth stopped in like 1 hour or something. this time around the coin has constantly increased in value for almost a week. whats going on ?!?!?!? and yes ofcourse i sold my share of coins that is why i'm upset. shit does not make any sense
there's a rumor that its going to be added to robinhood.
elon not owning it💪
bro that is seriously some crazy percentage gains! hope you feel on top of the world !!!
i did the same, only it was .
yeah i hope it kills zeros by next year end!
big chungus says hi 🐰
third most searched on google and such a big platform, a good leader...i dont think shib is going anywhere soon...it will have corrections and keep hitting all time highs...the ones that hodl will be rewarded. just my opinion.
same brother, same. lmao hodl
i bet it will correct and then pump just like it has been doing over the past few months
same but we need to burn a couple of hundred trillion coins for that. we need to burn at least 1t a month which is i doubt is possible.
i am a simple man, i only wish for 0.1
same dude i only have 5m shib, i got the fomo really bad, waiting on payday day to put some of my play money into more shib.
. bitcoin is currently 1.1 trillion and entire us stock market is around 30-40 trillion
impossible impossible impossible. this is the moment is that separates us from all the shill coins. do you want a legitimate currency or so you want a pump and dump? . keep your expectations grounded with reality and we have a good chance to make this a useful coin.
scared money do not make no money 😈
there two separate screens. this one just shows the trend, another shows your portfolio.
to the heckin moon
i wish as i was as smart as you guys. i'm late to the game but i am here with 6.2 mil shib. i should be owning 65 mil. not 6.2 mil. ' i want to drain my roth ira, pay the fines to the tax man and put the rest into this. i am fucking holding and going to the moon with this.
to the fucking moon
i see them waking up very soon and adding, or they are going to miss this bull run.
been a roamer for weeks now i have to say they will probs list it, if it keeps rising in price.
wasn't it proved that it was fake created by people to pump the price?
nope. glad we're not waiting for his tweets and just going up
thanks... hodling diamond hands
i put ! nearly 2k now its fucking unreal. i keep telling myself its not real just hold lol
this is a sign that crypto is gonna crash. all the coins...
consolidation, baby. it's a gravitational slingshot, then a correction, then another slingshot, all the way to jupiter.
what does burning mean in this context? like completely remove them from circulation?
keep buying, holding and burning. maybe be if we can get enough people in this community on the same page we can make it happen
0.002 would already make me happy tbh
you’re wrong because of the misconception.
needs to burn a ton of coins, yes, mathematically it’s impossible to hit
thank you you do the same
yea doesn’t let me purchase. keeps talking about it has to be and etherium token
any advantage to go coinbase over binance.us ?
the earth is going to look amazing when we are standing on the moon looking back at where we came from.
do not do that!
man, don’t do that. we’re trying to get out of debt, not dog ourselves deeper into it. besides, single-digit millions would be more than enough to suffice for retirement and settling whatever debts you have and still have plenty left over to have fun with. my advice? take whatever thisposable income you have during the month and do a recurring buy for shib for that much money. that way, regardless of how the price fluctuates, you’ll be getting the dollar’s worth in shib - whether it’s 10k or 100k, 1m or 10m. also, try not to obsess over the market daily. it’s anxiety-inducing. if you want to be alerted of a price threshold that you’re anticipating: you can set notifications for that as well.
wouldn't be surprised honestly
exactly elon has no idea what's happening that is why he is only talking memecoins. it's nice when he pumps stuff but i do not want him near shib like he was with doge he destroyed it by making it too volatile.
bro just hold and you'll have 4k on that stack within like a week. you're doing awesome!!
found the guy who shorted on 5x leverage lmao
shib gonna crash mid november and it will be back again
it sounds like these women are in danger.
i will be messaging you in 7 months on [**2022-05-27 11:23:21 utc**]( to remind you of [**this link**]( [**2 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
that's odd, it is given me no issues at all.
ha. man if you are not living life on the edge you are taking up too much space. ' i could not drain that money out. sure if i did it i could become mega rich. but if i was wrong then i would be screwed. but what i can do is find a part time job and use the money from that to buy shib
i have some on coin base i just bought another like .6m shib that i am holding. still am in shock what that would be at 0.1
yea i’m trying it through coinbase wallet, as coinbase doesn’t support it. wallet wants me to convert coins but won’t let me unless it’s a etherium token. figured it out, but now everything i try to transfer it says an error has occurred or requests has timed out. oh well
lol what a bunch of nonsense pay money to move coins to wallet then you have to spend money in gas fees to convert. total gimmick, crypto is a joke, cash is king, crypto is just a libertarian wet dream.
ah…this is the way. 👏🏽
you know how to live kind sir.
i am over 1000% up off a 5k investment. i never went to college because i could not afford it but if this keeps up i'm going to get myself a degree. first one in my entire family. can't wait guys.
heck yeah. thank about it now, do you have access to a decent vehicle and a ladder? it's almost christmas time. you can charge people money to go hang christmas lights on their house. book solid for 3 weeks and then come jan 1st you got another 2-3 weeks of taking down christmas lights. use all that money to buy shib. the malls are always hiring extra people this time of year go make that extra green so you got something to buy your shib with.
i feel like a dick because i have the gi bill to use and am terrified to take on the stress of college but if it hits a penny i will know a whole different kind of world for me so i wont say “never” right now i feel like i am glued to the rocket
48 billion holding strong for our army 💪🏻🚀
i've got my 10m tokens. hodl'ing to the moon. 🥰
guys remember cathy wood from ark sees btc going to 500,000 imagine what the rest of the crypto market pricing will be if that happens ?? hodl !
put your fucking seat belts on we are about to take off. good bye poverty lmao
dont tell r, but i sold my 500 bucks of doge to buy another 60 million shib
hodl!!!! to the moon and beyond!!! there saying shiba army was a hedge of why the price didn’t drop last night! we are strong together 💪
1.5 billion not selling
guys if the devs burn 90% of the coins then we can. kill doge because shib will touch 1.1⚰️⚰️
you have mine fkng thumb up, now get me to the moon! 😂
i think mil meek narrative should be set big time social media platforms by every one of us! twitter, facebook, snapchat, instagram, discord, telegram what say?
bro bitcoin halving is complete, its only up from here. for the year atleast. edit: s/
just checked this morning. as of right now it kind of appears that the entire market is up.
i think i will start excepting shiba coin on my website seriously can i use bnxa or something not sure yet looking into it
74million right here 💎💎💎💎💎
i got 51 million though... around 450 dollars right now
2 bill. not selling 🔥 to the fkkkkn moon
these posts are cancerous and the sub is crawling with bots
let's go ooo! i'm seeing green! 🌚🌚🌚🌚🌚🌚
have 10mil in my crypto earn wallet.
got my 200 million and hiding to the moon too!!
got 40 mill staking 10 mill! let's go to the 🤠🚀 moon!!!
i have 55 million shiba token from india... huge fan of shiba... will hold tight to the moon. 🌚 🌝
hodling 700m tokens! 💪🏽💪🏽💪🏽
i had 6 million and i just got another 4.5 million! i'm super happy with the progress its been making today! 🚀🚀🚀🚀🚀🚀🚀
in shib we trust 💎🙌🏼
i just purchased some shib. what next? i'm new to crypto.
market cap dropped ...wonder why?
let’s eat two more zeros!!!!!
holding 140m tokens ... taking them to the moon only.
58 million baby holding till .20 fuck it even if it takes 10 year ride or die
what do you mean thumbs up? is this a bot that is supposed to be posting on facebook?
shib to the moon. u
been holding all this while, and buying the dip. beginning to have some fud,now. i cant sell, simply cause, l have lost so much already. might as well hold on to what l have. running on hope now. i do wish, how ever there was news about swap and was they nor another white paper coming out ?? is it a scam ?????
holding strong 99m will accumulate 140 m by the end of this month 🙌
50 million, am i considered a whale? don’t much care...holding!!!! stickyfi diamond hands!
let’s get it to !
why are all these posts just begging for thumbs up
i bought because someone told me shibaswap is coming tomorrow. it’s been 3 days already and it’s not here yet. when is “tomorrow?”
**exactly every 2 days begging for fkng thumbs up by people who don’t even own 1 fkng shib.**
pretty sure asking for upvotes is not allowed on reddit.
do these " thumbs up" or " upvote" post every 2 minutes actually help raise the price of the coin ? or its just to raise your morale? its becoming annoying
check this out! hodling merch. wear and hodl lol.
be patient all... hodl in peace... visualize your abundance
the official !! let's hodl & let's go!!! chances make champions!! 💎🚀
holding 1billion shiba inu coins. i hold for 10 years if i need to!! 💎🚀
agree, i think is forming a huge cup. i keep buying buying the dips.😁😁👌
im not saying that you cant work hard and that you yourself did not come from the dirt... generalized statements can be taken as they are presented. general. you are a very rare outlier and hats off 💪
seems like it’s just the beginning 📈
114m too the moooooon!
bought another 7 million! i'm not giving up!
let’s get this going comment shiba and retweet
92.1 million ... just a lil more then we the 100 club 💎💎💎✊✊✊✊
shiba, detonantes fuertes para el precio: shibaswap, listado coinbase, robinhood, twits elon musk. a la luna. listado okex, kraken bitfinex, bitmex.
70 mil deep with diamond paws
feels india attack is on the way
can someone explain staking a little bit more?
80m and hodling. would have broken thru to 100m but ran out of money lol!
bought 50 million today, now at a even 100 million total! lets go to the moon!
bullish till indians start selling again...they will be all over this jump in price like a fat kid on a cupcake...you watch!
my fucking thumbs up emoji is not working, so thumbs up! to all who did not bail on shiba: you have earned true diamond hands! crypto is a roller coaster ride.
i love the coin
damn. i guess i missed it. i wanted to buy a couple billion shibs last night but ran into all kinds of problems. and now i’m even more pissed that it went up so high this morning and the ship may have sailed for good.
buy buy buy!!! its low right now!!!
how do you think it will go today???
i'm still holding from day 1 when i brought and did not sell anything...
this is true. 2500 is my first profit target.
why does bitmart show shib at .000011085 and crypto show it at .00000949?
it would be wise to hold off on staking shiba with these exchanges other then shiba swap. the first two weeks you will earn more then a year in staking w crypto.com...
i put 32 million in crypto.com earn also... then i understood the shibaswap ecosystem and i'm like why did i jump the gun on staking in earn crypto.com...
see this is where i belong!
i'm holding my 36million to the moon... or until some shib swap! lets see where we can go.
21 mill let the bull run.
almost to a billion! i’m not selling!!!
rude. pay day is not till tomorrow 😔 those feels when you miss buying the dip 💔
all the paper hands trying to quickly buy in now 😂 ain’t no paper hands here, i’m hodling forever‼️💎
i hold over 100 million as i'm sure a good bit of others do as well, i propose us hodlers 100 mil and more all burn 1mil coins to the same address that vitalik burnt his coins!
just bought my first 5m...let us go
im 166 million in from 0.18 never sold a share i call 0.50 who's with me?
222 million coins, holding strong.
hold 840 millones. vamos a luna esperar la luna 1 dolares. shibaswap, robinhood, coinbase, krraken, bitmex, bitfinex, elon musk, amazon. shibaspacex a la luna.
guys and what about phiba, jshiba and kishu? they are all available [on guarda]( as well as shib of course!
shiba is the best and most promising, and as ethereum will soon replace bitcoin, shiba will replace dogecoin! asia traders love her very much the community is strong the number of holders and the ranks of the shiba army is replenished it has a large reach due to the low price, it is on the trend of memes, the ether has run out of addresses on the hype. there is a story circulated in forbes and esquire about two brothers who became millionaires thanks to shiba. this coin is like the shibian's dream. he's like a symbiote p.s. shiba is available for sale on binance, which means 100% not a scam !!!!
we can do this! hodl tight men!!! tendies await!!!
buy the real thing “doge”
[don’t be late to the party guys !!](
i'm at 87m, i should just buy more, should not i...
same 10mill, staked 8 of it tho
holding 8m token...not selling until at least $.0001...lets pump it to the moon ✊
how much is your 10million shib worth currently?
if btc goes up that high then every crypto i believe will shoot straight to the andromeda galaxy. correct me if im wrong but ive been noticing all the other cryptos going up every time btc goes up.
bwahahahahaha this made my day
the devs staked one half to vit and the rest to swap
meek was never really good . not sure how much he can influence.
i am wondering, how do we know it is complete? 🤔
what bitcoin halving? when?
i clicked. wasnt thisappointed
that's suck man! i've spent 300bucks and now got only 50 😂
with the recent price action, . if you are new here i would recommend first reading up on cryptocurrency. don't just jump in on fear of missing out. make sure that you know what you are getting into first. you can use to get started, it takes you through the process of buying on an exchange (binance) step by step, where you have full control over your funds. the articles in the guide should also answer most of the questions one might have starting out aswell. :)
don’t fud out! you too have the 💎🙌🏻! make sure sure your shib celebrates its birthday, then it’ll be easier to celebrate the next birthday and the next! you got this, friend! we ain’t no paper hands round here! we got them diamond hands 💎🙌🏻 💎🙌🏻 💎🙌🏻 !!!
you do not lose money if you do not sell... looks like its trading along polygon which is really good. ecosystem of big block chains helping each other. i have faith in poly, eth, shib. 100% not a scam.
brother this is not a scam, shiba is setting itself up to be a top 5 crypto currency, you just have to wait, every crypto project runs over schedule with unforeseen events, which is part of the community, and it is always to help us the swap is coming and the new whitepaper. but word in the street is that shiba is setting iteself up to be the first decentralised stablecoin ever not pegged to the us dollar... now if you dont what that means, you might need to research, but stable coins are always a dollar
not sure if its a scam, i invested early thinking a big company would come in & rival elon as far as being able to use this crypto as a form of currency like doge. i hold doge but can imagine, holding both cryptos would be a good idea.
i was having similar thoughts in april after the previous dip. this coin rewards patience, big time.
6 k in shibu
tiny ad, you are not very community oriented are you .just cause some people have different opinions, means you can be rude. it's bad for the community, share knowledge, or direct people to where they can read and learn. fud is a natural thing, people share that to the community for support, not abuse and name calling. peace out brother.
can i know how much you invested in shib ?
nope, people out here hold billions of tokens. a whale would have a trillion.
again, don’t much care...
just hope it get 0.1'll already a millionaire gaga
someone is jealous of how active shibbers are ! we understand your feeling. you could not buy the dip is not our mistake fuder
**power👊👊, 👊👊shiba is.** *-dangerous-highway199* *** ^(commands: 'opt out', 'delete')
these thumbs are for the benefit of the entire shib community. it is good indicator. dont make fud please.
sorry bro. this was played out over the weekend. look at previous posts and let us move on but be safe too.
hath bought 50 million the present day, anon at a coequal 100 million total! lets wend to the moon! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
can you please explain
i agree but no one wants to do it
or do what i did and buy both.
not a whale as whales have responsability for maintaining the ecosystem around our token. most of are just big hodlers trying to get rich by hodling and expecting prices go up, thats why the token is always low. whales should control the prices, create a bullish approach on the market, accumulate and thistribute or in other words keep the money flowing. we have just a bunch of hodlers 🤣.
it's not going to waste then. your making your capital work for you.
wait how do you stake?
i've thought about doing that in the crypto app too. does the value of what you gave them still grow while it is being staked? maybe a stupid question.
24 mil staked on cdc
how do you stake it?
staked 35m (3months) with another 35m in wallet! wont sell until. 01 dont care if it takes years 💪💪
what do you mean staked? i also have 10mil on crypto.com
£80 give or take a quid.
you're not wrong. btc is pulling most other cryptos with it.
and if that happens expect a hamburger to cost 1mil shib.
maybe to you. your opinion is not reality
i liked championships. i thought it was a really good album. hell i’ll probably listen to it now and again when shib goes lunar!
we know because the bottom was in last wednesday and now it has created a higher low, and we cannot really go much lower without breaking the bull run structure, do not open a leverage trade on these words, but take my word the bottom is in now. this is not new, this is not a test run, this happens time and time again, yet the uninformed speak the loudest, while everyone who knows, do not feel the need to voice their opinions so this is why it seems like utter chaos in chat forums and in the media because that is all the people that do not know what they are doing!
things are right on time with data comparisons to the first two halving seasons, still some variance in precise timing obviously but….
[check this out, google bitcoin halving for more info](
hahaha, thanks. soon i shell make a coin called dcoin, lol
nah... the comment was for another thread, not shib
buy shib and then do your research, you know when a project is a problem solver, it does not matter what people say about, it will not stop it! the fbi shut down bitcoin... did that do anything? no! made it stronger,,,,, we welcome fud, there is no such thing as bad publicity ... publicity is publicity when you are the real deal!!!!
your fellow hodlers will tell you that it’s not a scam. because they don’t want anyone else to sell any further. but on a neutral viewpoint, many have reported the shib admins for blocking them when they have asked for updates for shibaswap. right now everyone has a right to believe that it is a scam, until they decide to stop blocking people and release actual updates. god bless
there’s too many coins.
i don’t think you understand what the dip is. the entire market is in a downward trend which includes shib also i have shib and you haven’t posted anything substantiating, you’re just begging for upvotes
**those mute developers as well as 2. looking at their white papers, goals, achievements (!) etc, only people with the lowest iq are believers. however, one thing i am happy about this shit-coin is - it has educated many people so that the next 💩coin will have no chance of even leaving their charlatans’ dungeons.**
it's all in the woof paper... basically you stake (bury) shiba to get bone tokens and etherium. you can also "bury" the bone tokens. you can also "bury" leash. or you could "dig" shiba, bone, or leash. the more bone tokens you have the more voting power you have in voting in 2022. using shibaswap for staking is the best option it is literally designed for that. it's why the shiba army is so excited for shibaswap. we can hardly wait...
and each tokens you bury or dig has different rewards for it...
we shall just wait for shiba swap then 🚀🚀
yea got 3k at the end of the first week. staked 509 doge too, so i’ll see how that goes
you can go to the "crypto earn" link in the "accounts" tab. you have to stake at least 8 million but have 3 options .5% monthly intrest with no hold 1% with a month hold 2% with a 3 month hold. hold=cannot remove it until the time is over.
meek has never been good, king of screaming, lyrically very weak. his claim to fame was when he was dating nicki minaj. he is a philly guy, i live in cc philly and no one takes him seriously.
gents i don’t want to hijack the post with if meek is not so good, ok, good, or great. let’s stick to the topic. work as a cohesive group to support shiba.
the fact that you voiced this opinion is creating a bit of a paradox in my mind
there has to be the variance as there is a theory of lengthening cycles so that correlates... the bottom is in guys, i would not be panicking now, the damage is done, now for the rise
so... who's going to tell him?
y'all do not know shit but i am leaving it as "do your own research" but do it properly.
you know this is labeled as comedy, right? the bitcoin dip is not over yet. rsi does not have enough strength to stay above the 15 day average.
omg do you think we are worried about joe selling his shiba inu, that he paid for from his lunch money that he saved for two weeks... catch yourself on mate! this coin is bigger than any coin i have seen in crypto in many years, scam coins do not go straight onto these exchanges like binance and kucoin... how long you been in crypto.?... show me two other examples of scam coins being launched on binance? you should not fud because you do not understand thats all i am saying and developers are not there to answer your questions mate, you have !
like i mean, what do you know how many coins this projects needs?, we have developers working on this, do you think they said 'fuck it' lets just mint loads of coins that we would not ever need, just to make sure no one makes a profit! and the project eventually dies,,, there is people smarter than yourself making these decisions lets leave it to them unless you can write code and create your own coin and prove me wrong ahha. until then leave it to the experts... also i see your comment as fud cause there is rumour going around shiba will be a stable coin, and circulating supply matches that of a stablecoin with 50% in reserve burnt by vb
shib has been following doge price patterns, doge and shib both are in news and growing. fudders like you cannot stop it growing
where do you stake em?
thanks i staked 8m for 3 months.
shibaswap will get you way better rewards then crypto.com you get bone tokens and etherium in shibaswap... way better then 2% on the whole year...
he was way bigger before dating nicki. know what you're talking about before committing. you do not likenhim that is fine but "never good" is just your opinion
ok, so what is elon musk? looking through the same eyes, put two protocols together to hide his families illegal gotten wealth, then invested in a project that was already working, and was so hard to work with the two genius that created tesla left the compay because of him, talks about taking us to mars, when we have "forgotten how to get to the moon" ok... then maybe meek is perfect for us!
son you live in center city theres your sign. stop hating.
thank you, averagedoodez, for voting on automoderator. this bot wants to find the best and worst bots on reddit. [you can view results here]( *** ^(even if i do not reply to your comment, i'm still listening for votes. check the webpage to see if your vote registered!)
yes, here i am with a different informed opinion and i'm not letting it out because... i am not a financial adviser.
thats why i said “google bitcoin halving for more info” learn to read
smarter than me? you have no idea who i am and what i know. you’re a condescending douche bag. you keep listening to rumors.
**you mean … fake 💩coin? fake developers? fake millionaires? fake fans? fake covid-19 donation bragging because vb did? yup -> fake news? how difficult it is for anyone grab a ethereum programming book and come up with eth based coin? p.s. i feel terrible for india trying to help 💩coin for 1 billion dollars which is now worth only a few hundred millions - and keep going down down down - then boom -> zero!** p.s. don’t insult doge! they always told us it’s a joke - don’t bet your life savings on it!
buy 8 million tokens, it’s like 70 dollars, on the crypto.com app. hit the center button, select earn and you do it from there. i got 2% interest for the whole year, but you can’t touch them for 3 months while staked
i think he means "stacked" 🚀
i will look into that. thanks for the heads up!
yeah these ppl clearly never listened to meek before nicki or drakes beef. he’s a better rapper than drake hands down. drake just had a bigger crowd cuz of all the bitches lol
never was he was big, even rick ross and his ex 🤡 on his weak bars. he been buried by everyone. i may not know crypto as well as most here but meek mill endorsement doesn’t raise any eyebrows. we need teskahi to buy a position in shiba.
i've never heard his music lol
living in cc is the way...that would be your move too if shiba pops...
no rustling of feathers intended, this was a joke about how you worded it being one of those classical paradoxical riddle structures.
that is your opinion , i am speaking facts... so your opinion has the right to be different, but if it is different than what i am saying know your opinion is wrong also and best kept to yourself, because you are not a financial advisor! and might never be one
you are here fuding my investment... you obviously do not know anything about this coin as you are saying there is too many coins... do not get butt hurt, think geez i do not know anything about this coin yet i am here shitting on peoples bags... why? yes smarter than you bro... they have launched a crypto project, how many have you launched.?... maybe shiba inu should have asked you how many coins they needed, cause obvs they got it wrong!!!! and you know better, but you do not even know what the project is...lmao
2% not even close to enough for something this volatile and speculative imho
thanks g 💪 just staked 35m! 🚀
well honestly not that smart. there'll be more profit from staking on shibaswap once it is out there 🚀
i am not gonna touch mine for long time ;)
i have 90 million in the 1 month hold and 10 million in the 3 month hold. i since it is going to be a minute before i sell, getting millions of shiba in interest seems like a good plan.
can you lose your shib doing this or is it all interest and no loss
okay... i'm new here. i've got 1.2 mil what happens when stake?
all ... your ... opinion 🤣
bro you realize dreamchasers 2 was the most downloaded mixtape on dat piff for years. probably still is. i’m not saying he’s one of my favorites ever but to deny his popularity is insane.
you wanna talk about weak bars and but you want “teskahi” endorsement?? them bars trash edit: who tf is teskahi???
you clearly don’t listen to hip hop, and i know damn well you’re probably not actually from philly. meek mill still has a very large platform, and he’s that city’s favorite son. (i am not from philly, but i do listen to hip hop and stay in touch with the culture)
just saying your better off than most if you can afford a spot in center city... demographics speak.
lol you arent wrong bro
i did not get the joke brother i do apologise, i thought you said cause i reached out to help you it seemed like a paradox or what i was saying was a paradox, and literally i only tried to help! no drama's
however, you are a smug prick and will always be one. fuckin loser lol
haha what an arrogant little prick. i am much informed, probably know charts and trends better than you. yet, i'll keep my information to myself, while you, spout 'facts' when you just said uninformed speak the loudest. also, learn how to speak english you fucking moron.
lmao you’re smoking some serious shit sis
then i buy more shib and staked it there too🤷‍♂️🤷‍♂️🤷‍♂️
that was my logic too, so i invested.
i just staked 50mil for 3 months. lets see how this plays out!
dude how many doges on cdc to stake?
they forgetting bout flamers freestyle !
let’s move off meek mill topic and concentrate on shiba being up 14.36%
google it, your living under a rock. back to crypto
beanie is the son, meek is the step child. let’s not assume what i know and what i don’t know. let’s not deviate away from shiba itself.
naw man had to work for it, born and raised in the bronx, immigrant parents not much growing up.
learn how to speak english? i do not speak anything else, you moron haha if you knew what i know you need to know, you would call it by its fucking name it is called a 'cycle'haha 1-0 so yea you maybe do know more about trends than me haha good luck with your trends mate haha oh and your charts lmao stop fuding
haha you were just rude so you had to hear it bro, sorry if you are an investor you are still my brother, but do not shit on your bags, there are saying shib will be a stablecoin and all stable coins have that many coins in circulation, if you look at usdt...
how do you stake?
yeah the crypto.com app, am in us too (ca)
stake whatever you don’t plan on needing like 70% only worth staking for real long term, the short gains are meh
these are the same kids that listen to 69 and swear that dudes the best rapper ever lol i guess we have to remember most of these ppl are kids who don’t know better or older dudes who swear by the old ways and can’t let go
learn how to spell you self-involved retard
i’m gonna go ahead and do that when you make uninformed ass statements like meek mills mixtapes were among the most downloaded on datpiff lmao
but yeah, back to shibe coin, meek mill tweeting about it helps its value since that’s a widely known celebrity tweeting about it
lmao good god you are a sad person 😂😂
i mean, how much doges to cdc allows you to earn
meek is wiggity wiggity wack. shiba is dope. case closed.
that we can agree on, friend
dude, i just want to know whats the minimum amount of doges that you need for the earn product, it wont allow you to stake 1 doge, you understand me?
we may differ in our opinions when it comes to meek but one thing we both can agree on, shiba to the 🌚
500 “minimum doge required for cdc staking?”
i m too far :(
i heard about shiba a few weeks back and then let’s just say life got crazy, events happened and i completely forgot i made a mental note to purchase some. well i just purchased some and i’m so excited!! for those of you veterans, thank you for holding it down ❤️❤️
we need to get this on coinbase🚀
everybody go to kraken on twitter and ask for shiba inu!!!!!!!!!!!!!!!!!!! let's take this coin to the moon!!!!!!!
let’s do this !!! shib !!! 🔥🔥🔥 🚀
make it one click to buy and win the world
lets push this to coinbase and robinhood!!!
kraken needs shiba and coinbase on there exchanges lets gooo come on shib make it happen 🙏
get this on bittrex.
coinbase, gemini, voyager...shib .01 2021
then binance and coinbase
where can i buy shiba if i’m in the us?
let’s take this coin to one dollar and beyond!!!! we can be more potent than doge!!
coinbase will list this when its 0.01 by then we are moonlighting💰💵
coinbase is weird. many other platforms that can take this off. we should try to get this on robinhood and it would take off.
buy and hold don’t worry about the slight drop its only going one direction if everyone works together
but who cares as much they will fight it we will grow bigger
well at least it’s available on kucoin
buying by the tens of millions love this coin
where can i buy shib? binance.us doesn’t have it listed :’ve been seeing a lot of reviews abt how sketchy crypto.com is?
lol, im canadian, i moved my eth from coinsquare, to coin wallet, converted eth to shib. holy cow, im dumb, converted 40=1mill shib cost me like 300. oof
hey everybody let’s pumps this clown. to infinity lmao 🤣 i have 9mil thanks 🙏
buy it on coinex as well
new floor ... just gotta hodl!!!
does anyone use gate.io ?
you can also find shiba on bitmart app.
price predictions for end of 2021?
ah the mythical shiba swap. i wonder how much longer the devs can delay it.
if shib goes on robinhood, it will explode
as a hodler of doge and shib... to the moon for both! only 15,000 doge, but 480m shib! let’s start a new revolution!
matemos al que venda
anyone getting shit stains in thier undies yet?
buy back the dump, every little bit counts. 🚀🚀🚀
hodling 200 mili strong we got this !
if we get listed on kraken, coinbase will follow!
is the coin available on kraken now??
think up thoughts !!
might be a dumb question, how can you withdraw into your bank account on crypto.com? are they forcing you to use their credit card to withdraw it into? also is there a limit you can withdraw from your crypto account into your bank account?
guys throw a few to akita inu too it prints
if we can’t get dog coin on squid exchange i will have no other choice than continuing to pour out support for this growing community
im try to buy for days
no app let ny to buy
coinbase is all about the money if they believe they will make money we'll get on.
lol are we really just pumping and dumping any crypto we like nowadays lol 😝
i feel like shib should be , not to the moon
i would love for this to be on webull to purchase as well. it would have more eyes on it for people to get.
does anyone know if if the bone has come out?
hitbtc one less 0 👀👀👀👀👀👀👀👀🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
shib will reach the point within 2 years only where bitcoin reached with 8 to 9 years. shib will be the most bullish and a lot of whales are behind it. its not a meme in fact. something is hidden from our eyes but can be guaged by certain ways.
that would be great if kraken list shiba. bitmart has shib already
just buy shiba on kucoin. no vpn or kyc needed anywhere. on ramp crypto. just bought ,000 worth. i am running a classic grid on kucoin. this shit going to pluto!!
we need more users. shiba on robinhood
and coinbase. that’s what will get us to the moon
robin hood is just good for people that are not in crypto guys getting shib on there would be great just because of limited options of crypto to invest in for the average joe. shib would pump!!
it’s going down today after tesla news broke out . hodl
trying to purchase 50 to 100mil, with this dip im at almost 35mill :)
you're talking about a just new community, but you are no different from all the other rich, once some of you became rich, you sold all the coins. in the end all people think only about themselves and how much money they will make
press.com has been informed now about this huge demand in less than 10h. thank you apes! "hello, as you might have noticed shiba inu community has in the last week grown to a fairly large family. i've posted on reddit asking if there is an interest to get shiba inu listed on kraken. and i guess people have spoken. please list shiba inu and help us get stronger together. all the best! /'s on the way to the moon! "
oh hell yes please make this happen. i hate uniswap and gas fees and all that shit. i only bother with doge, eth, and shib, and if i could buy all three on kraken i would never touch gas fees again to buy or sell shib i have to buy eth on kraken, move eth to my wallet, swap with high gas fees for shib. then to sell shib i have to do the same thing in reverse. pls kraken, pls shib
i'm so sad i have only my shiba on hotbit now, and no other coins. i'd literally immediately buy all shibas offered at that huge thiscount now :-(
the gates the gates the gates, they are here and our troops are on the other side! let them through!
yes, let do it all the way!
i got mine very easy on crypto best part since i'm new to it they wave the first months fee and i did not have to pay some insane amount of gas fees either
use my referral link to sign up for crypto.com and we both get :)
shiba it is over man...
is there a plan to burn coins? quarter mil is a lot
it’s on us ! we have to push shiba so high that they musst lunched shib .!!!
if shiba inu hits .10, we should all adopt a pup.
wait, you can buy shib on kraken?
crypto.com does not have the gass fees!
for the new guys joining the shibarmy: try crypto.com, you can buy shib at true cost on their app, zero fees. also they are hosting a supercharger event featuring shib, perfect way to grab some shib! join the !
let's get this trending on twitter. with some lucrative hashtag...##########
i have 16 million tokens i bought it at .000014 was that good and if so what do you you all think about this shiba and where do you see it really getting too.
when shibaswap comes out shiba is going to the moon be ready!!
we tankin bois :(
r listen to the people!
yes!!!!! robinhood too! 🚀🚀🚀🚀🚀🚀🚀
lets push for 1 dollar but first 1 cent🚀🚀🚀🚀🌚
i hope within two years .005 i could be wrong it might go a lot higher i hope so it all depends how much we are spread the word to your friends and family even if it’s just a small 10 or ’ll all pay off in the long run.shiba rocks 💰💰💰🚀🚀🚀
i’m surprised kraken hasn’t listed shiba yet!
wow this post aged now they are finally gonna do it. source twitter if they keep there word
hey let’s join r’s going to be big too. to the moon!!!
is not going to happen
() - brand new launch! be an initial investor [launched 12 hours ago][ ,000 market cap] ready for the moon! get in on the ground floor! new coin \~where transparency matters\~ launched today! new coin with huge potential just launched today. this is your chance to get in on the ground floor of a wonderful project. investors in the next few days will be considered early for this 10,000%+ run! ⚡10% tax on transactions ⚡5% distributed to holders ⚡5% automatically added to liquidity (pancakev2) original supply 500,000,000 30% of coins being burned (150,000,000) 250 million in liquidation on launch to deter whales the only thing shattering here is ath's here is how you can take advantage of this early-in opportunity. don’t miss out. read all the only contract address you should be using when purchasing 🚀contract address: otherwise use this link via pancake swap: [ make sure your slippage is set to 10% if you are having troubles try 11-12% but 10 should be sufficient. that is to cover fees for the transaction (fees go to token holders ) if you get high impact even though you are buying a low amount of the coin. just go lower. that means you are impacting the price to much. this is common when a token is so new that pancakeswap will put a limit on how much you can buy based on how much liquidity is in the current pool you are buying with. so just keep going lower till you get an accepted swap. we have some exciting news in the near future regarding campaigns. this will help our token grow to be the next crypto you hear your friends talking about. in the meantime. sit back, relax and hold tight for this roller coaster. keep in mind again, the longer you hold the more you benefit. glass coin - we are all about transparency. website: [ twitter - /[ official - [ discord invite link: [ bscscan: [ 🚀charts: [ ✅contract: [
your fake dogecoin coin is falling fast! have fun losing all your money! should of never let
fuck you for stealing dogecoins thunder i hope all of you lose your money.
calling all shiba inu warriors !! we must all stick together join and share this new facebook shiba inu day trading group here so we can get as many in and buy coins as possible! need admins too!. have a good day! shiba inu 2themoonarmy
yes! make a picture - get the support and push it onto coinbase lap!
shiba does have a better chance than doge getting onto coinbase though as it’s connected to eth and has actual use
won't happen, sadly. coinbase are snobs
put your spare money in each week and coinbase will be forced to get in on the action.
man that would be amazing
yes that would be huge... one exchange a time my friends!!!!! lets goooooo!!!
it’s on coinbase 👍👍👍👍
wow ! that's awesome
kraken is a united states-based cryptocurrency exchange and bank, founded in 2011.[2][3] the exchange provides cryptocurrency-to-fiat-money trading, and provides price information to bloomberg terminal.[4] as of 2020, kraken is available to residents of 48 us states and 176 countries, and lists 40 cryptocurrencies available for trade. kraken played a role in attempting to recover funds lost by investors during the 2014–15 mt. gox bankruptcy.[5] taken from wiki !
not much... what's kraken with you?
shib is on binance already
i think i saw a post bout that it will be in the near future
for those who do not know how...i only offer this as an option. not financial advice but here goes \~ get a vpn or a browser extension vpn ( firefox or chrome both have them ) set the vpn to have an isp somewhere in europe or anywhere outside the us really. sign up for a binance account...a real binance account, not the shitty us version. fund that account with usdt or xlm from your coinbase, kraken, or whatever crypto exchange you use that does not list shib ( i only mention xlm ) trade your xlm for usdt on binance ( if you funded your new binance account with usdt you can obviously skip this step ) use your usdt to buy shib and buy what you can afford to buy. sounds like a pain in the ass, but after you've done it and get familiar with it... it really is not that big of a deal... ' we have got to to make shib easier to buy for it to go parabolic like we want it to. hopefully the shibarmy makes it happen !! i only offer the above as a suggestion for those who want to get in before it hits a major us exchange. those in the know understand the coinbase effect and similar listings :) hope this info helps \~
crypto.com tried it yesterday 4 fun easy peasy.
shib will never get to . it’s barely even close to 1¢.
shit i’ll be on the beach in some tropical island i have never heard of for the rest of my life. i’ll have a heart attack if it hits 2 cents lmfao
you can "buy" it by transferring eth to coinbase wallet then converting eth to shib
crypto.com, i own 1.47 million coins atm!
why is crypto.com sketchy? it works amazing
scroll up a few posts. i just gave a step by step on how to buy it without even involving eth hope that helps :)
me too! sold my tiny amount of bitcoin for shib!
you can also get shib on binance. don't think there is a miner's fee esp if you transfer xlm to binance to start the process
god damn on the crypto app i paid 6 bucks for 9 mill
yes, it is great, but not friendly for beginners
you can link your bank account for deposits and withdraw.
you need to set up a fiat wallet, then connect that with a bank account
where can you buy this?
one of the big crypto exchanges
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u-the-dogo` **8480** times. **3.** `u` **5566** times. ... **35851.** `u` **2** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
i bought doge at 0.0024. i just waited...
took them 5 months 🙏😂
another cry baby sheep who lost money after pappy musty was on snl and they lost a dime instead of gaining like they all thought lmfao
you mean like the insane price drops your doge had multiple times ? not even elon on snl could rally your joke coin this time \~ lol
lmao what a lame fuck. run along and join your sheep... what’s a matter you sad your coin didn’t even jump up of your ol pappy musty was on snl? in fact i believe a bunch of you bought it then the coins price dropped something like 10 cents instead of gaining lmfao. run along sheep this is the sections for wolves and sharks. bye felicia 👋🏽
on bitmart! i swapped some xlm for usdt and then did the trade shib
why do not you just come on over. nothing wrong with having a diverse portfolio.
you’re doing this wrong buddy. take a little of your doge profits, throw £50 on a shiba lottery ticket and see what happens
lmao, doge is bound to fail, it has zero use case, it is a coin built on nothing. shiba has shibaswap coming
people can have money in both. get out of here if you don’t have money in both.
you can get it on coinbase wallet app first you need to buy eth and then convert it in shib but the fees are extremely high. for exemple for 89. so the best right now to invest on shib is binance i think🚀📈
i wouldn’t mind seeing it on uphold. right now, i’m just using crypto.com
big snobs, i sometimes feel like the have more unlisted coins on there then listed ones. 😐
get us on robinhood. they have doge, so they are a bit more open to ideas than coinbase.
they tweeted about it
he will publicly short shiba for a laugh... on twitter.
well this did not age well.
binance listed it yesterday. you can buy it on there using udst or busd
dude, calm down. take a look at the project. they are working towards something. doge coin will always be doge coin. shiba can be a lot more just look at leash
i’ve already tripled my investment crybaby incel
kraken is widely used in europe. i had and sold my doge profit with them. paid out to my bank the same day.
agree, right now its only on 45 markets ! image the growth when it when we have 100,200 🚀
wonderful info since i'm a newcomer that wants to join the shibarmy. thanks for this! i will be doing your exact method - vpn in europe, make real binance, fund account with xlm from coinbase, trade xlm for usdt and then use it to buy shib. this'll be my first crypto i'm buying to hodl (besides btc that was spent years ago), my second will probably be hokk, but it seems to complicated for me atm unless i try whitebit tomorrow.
lol dude just buy shib
you got downvoted for stating the obvious. wtf is this sub. im holding shib but for it to go 1 dollar it would need trillions of dollars on market caps. doesn’t sound achievable i think.
me too man hahaha
you should never wish a bad thing like that
you sound like a prick
cheaper to go btc then shib if you choose the long way
so, i bought eth on coinbase, transferred to coinbase wallet, and tried to convert to shib, but it is telling me i would have to pay miners fees equivalent to 3x the amount of eth i'm trying to convert. i have (equal to roughly .02 eth), but it says i would have to deposit roughly .06 more eth to cover the miners fees? that's ! what am i doing wrong? there's no way people are paying . what am i missing?
do they have fees?
look at the recent reviews, i want to try it cause it’s the only option that would work for me i think. but i’m nervous 😬
correct. that's exactly how i got my stack :)
thank you! do they limit how much you can withdrawal into your bank account?
go to [coingecko.com]( and search for shib, scroll down and it lists all the exchanges it is available on. :)
boy, i'm up over 12 grand from doge in 3 weeks. check yourself. fake ass copycat shitty shiba token doge wanna be.
hmmm, funny, it is back up. you fool!!
my problem with crypto is they only let you manually type in 999,999 shiba coin. it would not let me type in more than that. if i wanna buy more than that i have to click the "weekly max amount" button, which for some reason constantly changes between - . i just do not get it
trying to figure out how to do this exchange from the free .com to shib any advice cuz this seems more difficult then exchanging on my coinbase account??
exactly this 😂 doge profits in shib im laughing my ass off now 😂😂 holding both
crypto.com has it available
yes i have 311 million shares on crypto.com
it's also on kucoin
it’s on kucoin also for spot and future but be careful with future bc if you close your eyes 👀 then 💸💸💸
there is a push on twitter right now to get shib on robinhood
imagine the price when retail investors jump on board the shibwagon
they only have doge bc they own 50% of doge, and robinhood as uk is not good for business
robin hood has 12 million users i believe it was... be remarkable to get on there!
robinhood tweeted about it? what'd they say?
are you going to be spamming this when eth flips btc and becomes ? don't think so. run along little one, grown ups are talking.
just buy both and get rewarded... or sell doge and buy 1000x’s more shib...
imagine being that mad about losing your own money you have to shitpost and spam the same message over and over again for attention
use kucoin if binance giving issue i’m in texas, couldn’t use binance & didn’t want have to wait for crypto.com
this guys so mad spamming the same thing on every comment xd
if they have a plan to burn coins maybe
it’s above but, to put it simply. convert your eth to btc, then send btc over to your other wallet . sell your btc for usdt use usdt gas on eth is ridiculous right now.
nope it’s legit, i have 56milliin shares, super easy to buy and they wave fees for the first 30 days for new guys
i mean reviews always highlight the bad experiences, dont worry, if the app has like millions of users and a decent rating its legit
the world needs more shib hodlers😉! cheers and good luck to us!
not sure but they are charging 10% fee to withdraw to fiat!
i got my millions on shib ;) was referring not akita inu token but all good!
lmfao that’s it? i’d shoot my self. i’m in the 6 figure range off less then 1000 dollars. smack yourself
okay so that . i had a friend sign up with my code and when he read the terms you have to stake and own a certain amount of cro in order to get the , so it will not work. plus i’ve moved cro out of crypto.com and the fee is just as bad as ethereum. the only way i did it with the lowest fee is because i already had a large amount of xlm in my crypto.com wallet and i moved the xlm to bitmart and it was like a .50 cent fee and transferred within 5-10 minutes. then sold that xlm for usdt and used the usdt to buy shib. keep in mind if you decide to do it with xlm crypto.com has a minimum 200 coin withdrawal of xlm. you can also do this with xrp which also has low fees or ada but i do not know the minimum withdrawals of that on crypto.com i learned the hard way that crypto.com is a piece of shit. only reason i used it was because i already had coins in there that i just moved everything to bitmart. bitmart is much easier than crypto.com and doesn’t have ridiculous minimum withdrawal requirements or fees. you can probably do it with coin base to bitmart but i spent hours trying to figure out how to move from coinbase since coinbase doesn’t tell you if it’s erc20 or whatever so there’s a chance you may send coins and it’s not compatible with bitmart chain and lose them.
i do not understand why some platforms treat them like stock. i buy assets that i can own and withdraw to my ledger. i got sucked into gme, realised i was shit at it when i lost several 00's - so i stopped that nonsense 😆
you have no idea how crypto even works if you think doge had a future.
that would be great to have shib in robinhood. just make sure you don’t buy any on robinhood lol
not your coin if you "buy" through robinhood
they publicly reiterated (again) during the recent fireside q&a chat that they do not own positions in any of cryptos. they could be lying, sure, but making direct affirmative statements like that would have major legal repercussions. so i actually trust at face value that they do not own doge.
you can literally google the list of the top dogecoin wallets, the biggest wallet is 28%, second biggest is 3%. if you want to give out information as though your correct, then look up the information first. asshole.
do you have webull yet?
lmfao how sad is your life? go back to 8chan lame.
shib did not steal dogecoin's thunder. stop acting like a shilling bot. doge is doing just fine, and will continue to do just fine or better. doge has it is place, as does shib
not yet it seems
do you know what the fees should be to convert btc to usdt and usdt to shib?
wow... i liked coinbase because it was easy to go into my bank account and not much of a fee. kind of feel stuck on crypto.com ugh
ok big turd, 3 weeks and 12 grand is an amazing return and you am not know where near that!! what ya got . go back to school. lunch is over you poverty stricken rat.
this used to be a glitch in the app where it wouldn't let you type a number larger than 999,999. they've recently fixed it and i've test it yesterday where you can type in the quantity you want without spamming weekly max amount for a different number
yes, refer to my previous comment. this was a bug that they fixed in the app.
thank you kindly ziggie!!!
i could not tell you. i keep it pretty simple. i just bought enough cro to hold for the 6 months for the card lol.
everybody report this guy and get him out of here. he probably lost all .70. stay broke and gtfo
ha they also said they covered their short positions which they did not. gme to the moon and shiba to mars 💎👐🚀
i'm sure they do not own crypto the same way they do not sell you crypto. they have it staked somewhere, so *technically* they do not have any. which is why they exchange vouchers with you like a slot machine & you cannot move it to another wallet.
i mine doge coin fam, just dont support robinhood’s ethics, thats all, hope you make a million still 💪🏼
o.o o.o this guys is everywhere
you should be able to convert it on coinbase no fee i think i paid on
i’d recommend converting it to a different crypto and then transferring it to your usual wallet and then turn it into fiat from there
why would you wish anybody to lose money? that’s the best way to sabotage yourself. i wish you the best.
i'm on both sides. do not be angry with change, be hopeful with new opportunities.
i dont believe anything they say, everytime theres a pump, they always halt trading, citadel is there daddy and owns them, get out of robinhood
or just buy both... lol. there is money to be made in both coins... but more so shib as it is currently so cheap your returns will be better
hi on both sides, i'm dad! :)
don’t be a paper handed bitch. hodl at least till penny. rumor is robinhood is picking up shib
9 mil. first time i've dipped into crypto.
get my mom a new house with a basement so she has a nice place to cook my meals. i’ll be living in the basement making sure no one tries and moves in and becomes my new dad. fuck those losers trying to get with my moms.
...now its worth over ...hind sight i should have paid :-)
125,500,000 and adding for at least the next 3-5 years
if i can hold xrp since 2017 i can hodl shib. let’s get this money boys and be financially free in the future. don’t be a part of the group of people that wished they bought shib in 2020-2021 when we’re in 2030.
158 mill here holding
i have only 1 coin like the last marble that old man had in squid game
i'm not making the same mistake i made with dodge. i put .05 you know the deal. if i had put in a lot more i would have gotten paid at .70 i'm at 6,000,000 shib now which is nothing. i plan on buying a lot more because shib has the vibe of dodge right before it took off. nobody gives a shit what the utility of a coin is, they just want to hit the jackpot with whatever ride will get them there.
234.5 mill let us gooooo
about 8.7m here staked the 8 million brought 200k yesterday and 500k last week i'm earning 3k a week from stake
50 mill and buying more.
bought my first 2m today. ny dont make it easy
1.9 milly holding till i can buy a tesla
official "" with 8.5m...
~7.200.000 here. waiting to get some extra cash
1,092,000… for the princely sum of .96 😎
i bought at 0.(4zeros)3 and i never flinch a bit since april. im not gonna flinch now, im going to hold minimum till 2025 to take few profits. long live the shibarmy!!
holding about 20 times 1 million shiba. this is only the beginning =)
well...i bought 20.9 million, just because i play alt coins like they are scratch tickets, i wake up this morning and now i'm believer, because not only did i more than double the money, my bitcoin is looking really good off the ripple effect
3 million atm gonna get up around 6 or 7 million friday!
🙋🏻‍♂️95 milli since feb, not selling...
holding 3m. not touching it.
3b, hands are too heavy to lift.
62mill and change... burn baby burn!
8m, lost 6... i guess i should not have done that :x
11mil here! i am so tempted to pull out because i had an unforeseen financial issue and the gain would help me immensely right now. but i can not bring myself to do it… hodl.
just got 2 million hodling🙌🏼
holding what i can afford 210,000 thousand
after selling 128m a few days ago to get my initial investment out i’m sitting pretty with 132m and some change.
81,000,000 all staked on shibaswap 👋🏿
12m here. no big shot but i threw in all i could! got it when it was .0000721 and damn i’m glad. here for the long run, buyin as much as i can!
just bought 4 million lol
9 milli and i ain’t planning on going anywhere
5 mil it's not much, but it is honest work.
15.000.000 its not much but its a honest amount :d
lesssssssss gooooo to the **m00n**
7 mil, it is gained from, 50 to 190 usd
200 million and counting
1 billion coins now. my only regret is not buying more.
i have 40 million but doubt that’ll do any major gains :/
sitting on 500mil bought 1.5b in february.
150m. now, i am sorry that i have not bought more when it was around 0.000006-0.000007
like 12mil, only 100’t really have much more
12,000,000 here avg price of 0.00000813. nothing much, but let us see where this goes.
i just sold that amount, and still holding over 5x more. i bought in as soon as it was available on coin base.
35 mil between me and my girl. she hated crypto and stocks now she is all excited about her shib account lol cheap way to get her interested in investing
got 50m from getting in in march i think it was.
🤚🏽 holding long and strong
1.5 mil offa 35. gonna cop more though
got 5 million. about to buy more
600 million and i hope for a billion soon
holding 20 million \^.\^
4 mil, i bought my first 1 mil at the peak in may (bad timing, i know) but i have since brought my average way down.
got 5mil couple months ago, hodl for that 1cent!
in the army since 0.0000001, holding 340 million
if everyone throws ten bucks into shib daily we’ll all be rich soon
my 1.3b is locked for another 30 days earning me 5% interest. i’m doing the same 90 day lock next month too.
i feel like a whale holding 2.5 billion coins seeing all these comments about holding millions. i've been holding my coins since february 2021.
cmonnn guys buy buy buy send money in shib support the army go go shib let’s bring this to a dollar
i was a noob when i bought shib didn’t understand the gas fees, still have a fair amount and still not a paper handed bitch!
how about over 400000000000?
based on the chart it looks like once it goes past .000030 there is next to no resistance and it looks like it might straight to .000040 in a moment.
don’t paper hand this. also, nfa. i’m telling you all from experience. i bought doge when it was at like 6 for a cent. like a while back. i had about 250,000. i made a good chunk of money but i paper handed like a mofo at .1 and later at .2. it’s exciting when this blows up. if i just waited 3 more months i would have made over 100k. paper handing doesn’t pay. i was not very nice to daddy doge but i will love the shib forever. hodl.
jesus. i thought i was ok at 40m, but some of y’all make my stash look as small as it is.
bought my 1st crypto 2 weeks ago... 16,170,000 shib 🤩📈
i bought this as a yolo. i have 5m shib what the hell is happening. update: just bought another 1.5million coins. let’s see where this goes.
8.5 million…...eat that zero 💸🌑🚀💸
i've got over 15m. i bought . just looked today and seen i've doubled my money, what is going on?
first you get the shib, then you get the suger,then you get the shib...
proud new owner of 404,018. hopefully getting some more in the future but got a lot of crap going on rn.
i just bought my first 2.1 million shib boys. let's go!
i just checked, got 100m and forgot it for a while, what in the fuck happened
just got into it this week. have a little over a mil spending 7 dollars. just need it to move like dogecoin 💯
just a couple weeks ago, 1,000,000 shib was just under . in pretty sure we all have at least that much.
i had some but my boat capsized and i lost it all.
1million shib was like .
yes...but not enough...had 64 was trying to get to 100 and had to sell off for living expenses(other shit work health played a role)...i still in the club technically and working my way back up slowly. i'm just a small fish and 20 bucks is alot of money to me because of how rotten and crooked society is for some. we'll get there though.
👋 just over 23mil for me and holding strong.
sitting on 70 mil
16mil but still glad to be apart of this army!
22mil my ems director is holding 44mil🥳
i have 350k on coinbase and they wanna charge me 475k shib to transfer my shib off of coinbase.
currently only 2.2 million, i was going to out ... but it just kept going. lol.
is it too late to buy shiba right now .000024?
lambo & tendie club checking in - to the moon!
45.5mil. should i go crazy and drop 1k to add about 45mil more?
lol 1 million. that’s 5 bucks
attempted to buy £500 literally now and natwest rejected it. brothers and sisters pitty me when you’re at the top.
19 billion+ and another 3 billion today after i dumped 1 btc.
106,000,000 million gonna try to get to 500 million (:
66m 😃 time for me to sleep now.
170m shibin the dream
no one should be below a 1mil it was literally 6😔 i wanna join the hundred million club
3.3 mil holding now waitin for my next pay hehe
over 11 million. do not sell. we gotta gamestop this bitch. no sell until atleast .001
where the fuck do you buy?
5.5m here. push shib to 0.1€ and damn imrichh
167 mil and hodling 🙋‍♂️
<3 you copied my post but that is okay!
just joined the train with a cool 50mill. will probably be adding more as cash flow allows.
i don’t know what you’re talking about tax-man. i m just here for the logo.
6.92mil and hodling! 🙌💎
50m+ here. let’s go shib army!!!
i got 2,979,000. just rotting in ku coin
happy holder of 11.5m here
150 million 💪 💎 ✋
slowly adding to my position soon as amc squeeze i’m putting 30% of my profits in shib
my husband just sold half of his, despite my urging otherwise. now, he and i together are sitting at around 650m, with a net profit of \~,000 in just 3 days. i'm buying the dips, so i'm hoping to get back up to around 1b before it hits 0.00004 i wish our friends had listened to us when we suggested, and gave them good reasons, that they buy. and i wish my husband would have listened when i told him to put in 3x the amount that he did. edits because writing hard
165 000 000! do not sell!
21 mil here 🤚🏼
’s fackin gooooo! 31 mili here 💎🙌🏼💎 inu to the moon! 🚀🚀🚀
lol who doesnt have 1mil+
30000000 feel like this ain’t enough lowkey
35 million over here!
25 million. fucking hodl!! don’t freak if we have a correction tomorrow where it drops to .000015
staking 520 million. ( am i dumb for staking all? i fear by jan the frenzy may have died )
20 mil and growing. i buy more shib every chance i get. i wanna get to 1b.
175m holding till .1+
i got 16 mil in this bih baby
18 milli and hodling!!! i’m buying every week so let’s see where it takes us
156 milly only 😢
133m. but i need la lot more.
wish i had bought more back when i was working, but i lost my job a few months back and only am holding at 8,000,000 \~ 80usd buy-in.
10 million and counting
15 mil right now.
18 million here and i copped some more during the pump
i saw that i have 150e on 7m shibas, and smiling the whole day. buy and hold brothers
85.684 mil. let's gooooo
remember, buffett never sells. do what he does, and we'll all be billionaires!
36 mill but keep getting conflicted answers of whether .1 cent is possible
32.9 million and i'm not selling anything until it reaches 10 cents. i do not care if it takes years.
just bought 11 mil. started trading crypto last week. lets go.
500 mil baby. its rays boom boom room. hold the fuck on
195.27m here. fuck it, yolo ' let's goooooooo!
212 million baby and hodling!
all i had was 20 bucks. now i have 1.7 million shib. to the moon!!!
millions? lol 4.5 billion
i have 27 million shib. is that the question?
i got 7 million coins but my debt or credit card wont let me buy more "local credit union and chase" i wonder if they have a thing against buying crypto.
just joined the shibarmy with 4.5 million shib. guide me wise ones!
over 30 mil reporting in
the modern day gold rush without having to travel cross country.
i’m only at 2 mill. buyin more here soon though
25m - get me to 50k and hands become paper -
i decided to join the army today with 2.1 mil shib... i feel like a whale saying it that way... much better than i impulse bought
hand raised. was at 10mil now at 20mil! lfg
50 million and holding ✋
legit just bought 44 mil. ,000 worth.
\*raises hand\* got (they been stuck in utah since last november) and a new car since theirs is toast atm.
10,400,000 diamond hand here ☺️
how do you guys have so many shiba inu token? i have only 1 million shiba token
60 million all locked up in 3 month crypto contracts 💎🙏🏻
10 cents but i wont sell until 2023 i have dates and dreams and 10 cents would blow my numbers away.
i only got 300 something million
raising both hands and 1 big titty. *my titty
holding a few mil
38mil achieved today!! and preparing for doubling at least
18 mil and will keep growing my position
just got some. in it to win it!
sitting on 226m shib right now.
3m bought for 0.00000712 holding for 0.10 but when we hit 0.09 i’ll change my mind and hold for 1.00 and so on... i never sale it’s just fun to look at what i could have!! being poor aka dumb money is to much fun 😂🚀✊🏾🐕🦍😈
2.5 mil. kinda want more
just bought in 25million. hopefully i didn’t miss the train.
i'm not going to lie, i was almost tempted to paperhand it when i just checked and my position value tripled and i got bills to pay
hodl for a long time much wow
unfortunately, i lost all my shib in a boating accident
i’m holding till a dollar if so i’m set for life.
5 mil here i just bought on coinbase two days ago
no i only own 500k
8.3 million and plan on buying more.
36.5 million here. only way i sell is if it hits 3 cents, at which point my coins will be worth a million. if it keeps climbing, shit, i would not even sell then. holding.
i have 3mil of shib only put in like 'm hodling
it just keeps going
keeping hold of my 77,000,000
42mil ✋ waiting for that doge coin spike
8.3m and plan to buy more everytime the 9-5 pays me
lets go, we can do it, this cant stop
just bought my first 4.5 million ✋🏽💎
\*raises hand\* not to mention i'm sure thousands of people now have brand new wallet addresses to hold shib within the last 72 hours or so. i never expected a pump to happen this soon.
38,000,000 and just getting started.
58mil shib here. not selling shit.
bought 3.2 million a couple days ago.
i bought like 5m a whiiiiile back…signed in to my gate.io and i have like . nice. i’ll buy more forget about it again and report back when i have .
who happy that price moving but cannot do anything because coins are stuck in crypto.com earn for 3 months contract lol. 30 days till i can move my shiba coins
you cant see it raised cus im in the back but its raised
holding 5 million. i've been buying since .000005 and i'm still buying
almost to my 100mil goal.
30million plus staking in crypto and 200k in coinbase. ready for this to hit 1
33mil sold my polka dot to get more
started today. 43m and counting.
71 mil and counting! got it all staked in crypto.com
lol it probably costs more in gas fees than the actual cost of those million shib
im holding 100mill. staking 80mill until mid november. i'm selling 40mill at 0.09. the rest is at 0.65
20,000,000 here. good luck!
i’ll hodl to 68 pennies
182,392,290. keep on keepin on gang edit: i need more. i’m going all in, fuck it
94,000,000 with all the money i got. let's take this dog to fuckin pluto baby
10 mill and i have all of it in crypto earn so i wouldn't be tempted to crack my small diamond hands
this video says . much how?
i have 1.3m on binance and have no idea to get it out of there because the fees are more than that
267,000,000 :) holding this and your moms hands past .10
i'm so unlucky, sold when the price hit 0.000007 usd. but bought it again at 0.00002. 💪💪 hodling tight now! 🚀
grabbed 10mil months ago for the hell of it. loving the excitement and checking my phone entirely too much.
i'm at 37,806,962... im waiting for a dip to buy more and get me to 40m but i do not see a dip in sight yet 🚀🚀
i got 1.4 mill ima just let it sit 😂😂😂
added ! lfg 🚀🚀🚀
26 million in these 💎 ✋! 🚀 🌙
i thought i was ok at 40m. guess not.
53 million. once it makes me enough money to erase my debt (car) i'll sell half at most. either way i only spent .
4.5 million holding til at least a penny
i'm holding 12 mill my dog!! hold hold hold!!
i bought 43,250,012 today!!
setting at 14 million.
i bought 43mil today!
15 mil, and i wish i bought more of course.
1.2mil for , up 350% today, just converted all my free crypto in coinbase for another 2mil. starting a recurring buy lined with paychecks. holding for years. long live shib!
36mil! and holding and buried
120 million and holding until it hits
337m, glad i held, but it was one of my smallest holdings until … “💥boom💥 💥bam💥 💥god damn💥” -ice cube
i bought ’m in this for the long haul
modest 61,000,000 but i'm holding
2mil. wasnt really expecting much from this when i bought some.
xxx million checking in, ready for liftoff🚀 hodling strong❤️‍🔥
i put some small change into this to get 26,000,000 shib. i figure i could easily just delete the app and check it in a few months.
is it safe to lend shib on kucoin ?
yo. i had the money, even if it is just a lil bit, so i wanted to see where this goes.
i only associate w ninjas who’s associates have at least a [m](
i’ve got 60k :(
i only have 2.7 mill :( and haven’t broke even yet from when i bought it lol
81.5 mil and in this for the long game … ’m currently at
only 2 mil, some of these amounts peeps are holding is kray
y’all know if this hits a penny it’s gonna go a wall seeing how doge has blasted this is gonna rip in the good way although i been on shiba swap since day 1 and the pay off aint that crazy what y’all think about swap
1 dollar or bust. only got 2.3kk shares but yah
been holding for a while. 7 mil. wanna break 10 by the end of the year.
i had 57,000,000 shib. i sold 30m 2 months ago. i wanted to buy back 3 days ago. got thistracted, and now i'm a bit sad. but still got 27m so i'm happy in some way anyway.
bought 2.5m just to play along with you cool kids. i'll probably never touch it again, just hodl for the lols.
currently holding 20mil going to keep buying and holding to, shiba to the moon!!
i can only afford 500,000 at the moment. here’s to hoping i get more before we moon :d
60,000,000 holding let’s go
good morning elon i know your there
3mil here. i’m not going anywhere.
if i get 0.01 i’ll have 100bags i will literally cry
6,143,619 bought it a month ago. just found this subreddit.
shib shiba whos got da keys to my beema?? 🚀🤑
6 million holding til the lil pooch gives birth to a penny!
hodling 15000000 shiba ! bought in june les gooo
1.9m bought them 2 weeks ago
50 ✋million let’s get it
bought 4mil for sold 950k for .
did you mean 1 billion? 🙋‍♂️
10 mill here. sold 30 mill a day ago to get 578, i plan to re-invest those in shib once shib settles to normal levels again.
here's a reality check. the ceiling of shib could be doge or 3x, your 1mm would then be worth just shy of . if (not likely), your current 1mm would be worth , with .0027 usd. **tl;dr;** nobody is going to be a millionaire from 's of thousands of dollars and (possible).
340 mil and holding!
i only have 8 mil. not much but it’s something
3 million til payday then gonna up it to about 15 million
~8,200,000,000. trying to see 0.10$!!
20 millions, 5 millions bought a week ago, 15 bought 2 days ago!
bought 5.2m shib yesterday. buying more once the dust settles before robinhood picks up. to the 🌝🚀🚀
77mil i want more
275 million :), just bought another 2.7 million to keep the trend moving! fetch the moon boy!
just hit 100 million
75 million shib standing by
7 million bought the dip a couple times
over a billion. where’s all the folks saying this was dead?
650 million and holding.
still plenty of time to build up the
i used to hold 7mil. it is 10mil now.
i was waiting for thor to go above , and i missed out on dropping a 0. no more waiting games for me. 24 mil shib in my account now!
if y’all could pump this to .01 so i can dump it for some /- that would be great. k thanks!
i wager it will tank in the next 24 hours. all coins have seen quite a significant bull run in the last few days and are now slowing down. my thoughts are it will dip, stabilise, then slowly creep up again.
the number of people holding hundreds of millions and billions of shib should alert you to the fact why shib will never get close to even a penny (which would also mean a multi-trillion dollar market cap).
7m here. got cock blocked by my bank so i was only able to make 1 purchase. blimey bastards 😢. i just want to pay off the three failed ivf attempts! 🚀🚀🚀🚀🚀 please go
hodling for as long as it takes… even past a penny.
shib on cmc. soon will be in the top 20 coins!
i'm playing the long game. the next dip, i'm investing !
i sure do hope so.
how much do you believe the price will grow if it lands on robinhood?
i'm hodling with ya ...
i just went live on ndax in canada. don’t know if they have in us yet
i just went live on ndax in canada. don’t know if they have in us
shib is attracting a lot of new members lately. if you are new here i would recommend first reading up on cryptocurrency. don't just jump in on fear of missing out. make sure that you know what you are getting into first. you can use to get started, it takes you through the process of buying on an exchange step by step. the guide is available in 18 different languages aswell. the additional articles on the site should also answer most of the questions one might have starting out. :)
they have to, social is crazy right now!!! 🚀
hodl means hold at a price long enough for me to cash out.
101 here. just waiting on that elon tweet so i can afford to pay for school!
your coins are not found
correction, 19 mil now.
please sir, may i have another bowl of porridge, sir
i'm annoyed with myself. i bought 8bn for £200 early last year,but i've been renovating a house and needed the cash, so at the ath i sold. i still have about a billion, and to he honest i i now have a lovely new kitchen, but i'm hanging on until lambo territory now!
im sitting at a comfy 67,235,497
hmu i’ll send you some bro
still in the shibarmy
stay strong, you'll get there my fellow solider 💪🏾💪🏾💪🏾💎🧤
roll free coinbase crypto into shib
i'll be your kkanbu
is squid game good? my girl thought it was weird so we didn’t watch it
unlike squid game, shib is not some fad that the internet will forget about in 6 months
same hold and receive life changing money not here for quick bucks
yes, i see a similar thing and i am not making the same mistake as with the doggy.
hollar at me how you are staking. i have 3bill coins so if i can passively make 3k a week instead of this stressful trading, i'd be much more relaxed and i'll throw you some walking around money for the help.
you can go the ethereum route. buy eth and use a dex like shibaswap to trade your eth for shib tokens. you will need a wallet like meta mask or some other wallet that support eth and shib
vpn out of canada, [bitmart.com]( and move it to your meta... you're welcome
with xlm and kucoin it’s not hard at all.
how do you do it?
buy udst on binance, swap it directly for shib
that’s a market cap of 3.9 trillion…
is it too late to buy now ?
where'd you buy in february and what was cost back then?
dude. how much did you put in so far? i have half of what you have
as soon as webull sent me a message 2 months ago asking if i wanted to buy, i could not resist. for the first time... i do not have fomo...
you made some monies :d
we arnt talking about firearms here.
feels for you bro. sometimes life be giving truckers head for 20 bucks a pop to survive, other times it rewards a guy who beats his wife with millions.
that's how you learn the hard way to use the decentralized apps like pancake swap instead of centralized apps like coinbase. i'm getting everything off hotbit, because they did the same thing you are experiencing by making me sell 4 of my coins. withdrawals cost me 50 to 150% of the coins to withdraw, so it was cheaper to just sell them.
is crypto app a good place to buy shiba? i have about 45mil coins in my crypto app but everyone talks about coin base. is there a difference?
late in the game would be 0.01 or higher.
get it before another 0 gets knocked off
not investment advice but it would be kind of poggers in my opinion
monzo -> binance -> buy
plz if we sell at .001 we'll be shorting ourselves
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i was downvoted for buying 3 million more? lol ok
unless they implemented a burn.
imagine you hodl for the penny like i did with doge at .04 and it jumps to .50 the following month
same holding past .01
waiting for $.05!! to the moon!!
been hodling for 3 months now 32,420,690 and counting feels good thinking i could’ve bitched out and sold at ’s a penny.
i picked up 103mm... doing what i can.
there is more shib in circulation than currency in the world. unfortunately, it mathematically cannot reach a penny. unless there is a major burn.
some bitcoin maximalists are saying this is a trap. what they don’t understand is that majority decides what is and what is not…. not the few. cheers 🍺
who says we can’t dream bigger? boom 🚀
i bought doge at .004 and when it hit robinhood, it went to where it is now. that was epic. so, if shib ends up on rh, i wouldn’t be surprised if we all got a crazy ride.
.001 to .005 minimum but a penny is very possible. need more info on the burning first to get a better idea
i bought in a couple weeks ago when coinbase picked up shiba. no fomo buy
i am insulted by your accusation. not everyone is a charlatan
raw dogs every bitch😩
🤣🤣 we all want another tweet!!!
lol clever joke, why downvote
cooleroonie. say it with me tito... cool-er-oonie. \~\~\~
why have 19 trillion when you can have 19… billion
did you invest more? i am new to this, wouldn't the value of your coin increase and not the number of coins itself unless you invest more?
i feel your pain i sold 300k doge last year to replace the timing belt on my car 😭 not making the same mistake with shib
scarily similar number to mine lol
its pretty bad ass. i mean, obviously some will not like it, but its really well written.
nah dude squid game is awesome definitely worth the watch. highly recommend
he means 3k shib a week, not dollars. because that type of sorcery doesn’t exist
i used kucoin and just did it that way
nah dont do that you’ll be paying hella fees
get kucoin and coinbase. buy some btc on coinbase and send it to your wallet over on kucoin. then sell your btc on kucoin for usdt and then buy some shib💯💪🏾
cant use binance lol
good to see there’s still people talking sense here. 0,0001 is the limit i believe. 39 billion still sounds a bit nonsensical but it’s a bit better.
well, if tokens get burned, is less i think. also bitcoin will probably go past that eventually. the chance might be small but there is still a chance.
i fucked up with doge i’m not making the same mistake with this.
i was having an error message everytime i tried today so i switched to coinbase but now i’m seeing this comment yikes
thanks a lot. that’s what i needed to hear 🙌🏽🙌🏽
as a hodler of 8.3m shib, if it hit 0.50 (fuck, if it hit 0.04) i would 100% in all honesty shit my pants.
my end game is 50-cents. though, might sell some off at a penny to pay off student loan debt.
i’m at 40m so i totally hear you on that
shib putting out nft’s in exchange for token burns will help.
a trap? they just want to hold us down! to the moon!
i honestly feel like a lot of people are all basing their opinions on historical facts, this is a good idea in most cases…however i think they are underestimating the younger crowds love of crypto and more importantly memes
sounds like a sign to hold and buy before than lol
people always say it’s impossible until it’s possible. lfg!
it will have to go up 50,000% to reach .01. at this rate, and with more adoption (robinhood, other exchanges) its very doable
that says they will make an announcement in september. it's october now, did they ever make an official announcement?
that's generally what that means.
doesn't need condoms, gods his protection now.
i bought 10 mil more.
the pink hair got me.
no, the internet goes through phases and things that are usually popular are not as good as people say. shib is the exception. it's a good thing for the army.
ah, was gonna say...god damn. lol
the fee is not a big deal for me. besides, you should take a look what's coming next. nft. you can only buy these using leash and it is only available on the shibaswap first. the unique shiboshi nft is not just for collection. they can be converted into game characters later. there's also special shiboshi being minted up at purchase.
wait how do i send my coinbase btc to kucoin
exactly what i did and have a free 4.5 million shiba right now
i did cry made 3k when it coulda been 32k
dude, as a hodler of an unthisclosed amount of shib, if it hit a penny i'd be like, dude sick
if it hits even .01 i'm taking out 5k to buy myself a puppy. lol
if it hit 0.0004 for me i'd be able to retire if i wanted to do so.
man that’s a market cap of about 200 trillion. bitcoin would be worth 9.5 million at the same market cap.
please explain how it is "doable" that shib gets to 0.01, which would mean its market cap is over 4 times larger than bitcoin...
let's hope my 30 million goes goes far
also don’t forget the burning. shytoshi kusama , a shib dev, has confirmed this
even better cause that means the announcement should be very soon
and i agree. but besides being told to hodl, if you just look at what’s going on…the burning, robinhood rumor, shiba on coinbase, nft, games then it’s easy to conclude this is going to moon
double fists blue eyes white dragon
wrap it tight, so the stds don’t bite
i appreciate the response.
i called the ending about 2 episodes in. i did not however see the protagonists reaction coming. i cannot say i wouldn't have done the same.
hell yeah brotha! good luck!
find your wallet address on kucoin by going to deposit and then paste that in coinbase and send it. make sure you double check which address you are sending to because you do not want to burn your bitcoin😂
i bought in at .04 and sold at .058. i made . i died a little inside when i realized i could have paid off my car and paid for the last two years of university
same dude. i'd be all like "dude that is siiiiiiick"
just take out more and start a puppy biz. since you're willing to spend 5k on a pup, i can assume it is a nice pure one. get two, let em fuck and profit.
they are burning according to shytoshi kusama, a shib developer
it’s gone up 21 million percent in a year. it needs to go up 50 thousand percent more
not if bitcoin keeps pumping and keeps pace ;)
shytoshi sounds like satoshi from wish.com
or the financial analyst is full of shit. you are literally getting your information from someone named crxpto, who has zero proof behind him and is just an analyst who thinks rh will list them. this whole article sounds padded as fuck and bullshit. it's literally saying that shib will hit ten cents which means our investment will increase by 10,000 times. this whole article is complete fucking hopium garbage. bullish on shib, fuck this article tho
yeah, but the moon has limits...figuring out that limit is key.
big black cock magician
i go to fsu, we have our own strand of an std. no fear
the next shiny thing will come along and people will forget about this tv show.
so i sent my bitcoin over and i transferred it to my ku coin but now it would not let me buy shib or at least i do not know how to buy shib. i have it as market and i'm hitting buy shib with 100 percent but nothing
this is why hodl is a thing! hodl mf!!!
i feel ya almost a year ago a coworker knew i was gonna invest some money in stocks and he said put 1000 on doge and it will pay off in a few months. i invested nothing cus i wanted money for christmas and later i found out he made 50k after investing and quit working to play the market some more. oh that hurt for a while too
... bro you need to lay off the crack. it am not going to a penny. market cap would be 5x btc... that am not happening
here’s a little bit more about him. he posts stuff on medium
also google: shytoshi robinhood
sheesh all he said was the rumor was, let the man stay hopeful
all you had to do before shit talking was google first
what do you think about the investor place article he attached
true enough. lot of factors at play right now. robinhood rumor, coinbase, nft, games, burning, etc
nah squid game was probably the most fun i've ever had watching a season of tv.
you must be super fun at parties
he quit after 50k? he will be back soon.
broooooooo that would be lit 😩 *air horn noises*
you’re investing in a picture of a dog that’s based off another picture of a doge that was created as a joke and you want to talk about being high?
you all are acting like this is a quick buck. it's not. it needs time. it's roots need to take hold. let go of the notion this will happen in a year, or two. give it 10 years.
true that. i just found that 'source' laughably bad. like any source that says "shib will go up 180,000% here is why" is completely full of shit. if he linked the person who bought 7 trillion shib that would be a solid source into the rh fiasco.
dude these are literally all speculations. literally not one source... my dude i'm not saying rh wont list shib i'm just saying that the 'source' you linked is full of shit. i'm talking shit on the analyst who you got your source from, his alias is crxpto which us stupid in itself and then he goes on to say that rh will announce it in sept (which they did not) and that they have to wait because coinbase made the first move (dumbest fucking reason i've heard for a delay this long) all i'm saying is that specific article is full of shit. you should have posted the 7 trillion purchase of shib as that is most likely robinhood, but even that is speculation, although at least that has some merit behind it other than some random "crypto analyst" who's saying that robinhood have had it ready for months and just are not releasing it because coinbase did it first. reading comprehension my friend
not a huge fan of any of em tbh. i think theres a damn good chance rh lists shib but i mainly think it is from the 7 trillion that was purchased which none of the articles mentioned. i personally think they would list it as they made 30% of their revenue last year from doge alone. they need another cheap meme coin where they can profit off of the spread.
i am. sorry that i do not like the popular thing du jour.
lol! you mean you cannot retire on that? don't tell him
this guy's got a point bruh
lmao you’re absolutely right. it already went up a ridiculous amount. why not a little more?
can you please let me know of a legitimate investment thesis by shib (especially since it was marketed as having no use case)? i see it is working on a decentralized exchange, but there are already projects in that space that are promising. maybe shib can be another player, but i do not see it happening. my hunch is the majority of shib investors also do not understand decentralized exchanges there's going to be winners and losers in the crypto craze, similar to the tech bubble. why not invest in the coins that have a high probability of coming out at the end of the tunnel such as bitcoin (like investing in amazon at the time of tech). and if you really like shib memes, just throw one poker chip at it for a "just in case" vs. some of the yolo posts i've seen here
lmao dude stop. shib will not be here in 10 years. there will be a big drop, people will stop talking about it and it will be gone. going to benefit from the next year though.
it’s gone up 2,000,000% in value since release.
that’s a fact as well
yes they’re rumors, but benzinga and investorplace are pretty credible. besides the rumor, common sense says robinhood will pick up shiba also after seeing coinbase‘s result. robinhood isn’t stupid
breh what the fuck? why the fuck are you taking your goddamn vaccine bullshit here? fuck outta here soy bitch boy.
you just sit and wait for someone to reply too lmao dude it was a joke what are you 10?
but the amount of people who bought in and held at those prices is insanely low. the volume for those days was well under . we're now doing 11 billion in volume every day. also huge difference of going up 200,000% from a completely fresh coin and going 200,000% up while being the 30th biggest coin on the planet. the prediction from op's article would put shib at 70 times the value of btc
i mean both articles are literally opinion pieces so there is really not much credibility at all tbh. again, it is just all speculation and none of the articles mentioned the 7 trillion which imo is the leading factor of rh adding shib. honestly i kinda prefer it like this so when a rh announcement actually does happen it wont be 'priced in' in that sense. i agree with you but rh is also extremely incompetent and can barely handle the cryptos they have now. i remember seeing etc on rh being 10-20% more expensive for two entire days at the top of the last market and they have constant outages. rh will make a fuck ton of money if they list shib, but i wouldnt say with 100% confidence that "robinhood is not stupid". the only thing i can say with 100% confidence is that robinhood is incompetent as fuck.
not falling for this nonsense. either you're in it for the right reason or not. or you can do it now and post. you'll probably get 5k votes then.
do you know how much money your are going to lose waiting for likes instead of just buying the 10k of shib right now?
you gonna need 5k and 1 😂
i just did guys. lol
do it and i'll give my like back
as if karma farming on this website was not bad enough
i’ll like this for 10,000 shiba
i’ll but another 100🤓
this mans got nuts
up to you. just remember the shib has real value, reddit karma doesn’t but have a vote for your cause.
fuck you and your account whoring
fuck off. the moment i see a post with "x likes and i buy x worth of shib", i downvote. just buy, and shut up. show it after you bought, but piss off with this
bro op you got already 4k upvotes. i want to see that purchase screen shot xd
wtf is with these posts
i like what i’m hearing
come on, stop fishing for upvotes🤦‍♂️
haha yes lad - get buying you silly sausage
please make them do this lmfao
you gonna wait for 5k likes, you're gonna be buying in at a higher price. quit fishing for fake internet points and just buy
its post like these thats going to take us to the top!
invest 100k and i'd give you an up vote (with proof)
just buy and don’t ask for shit.
lets get this person some likes.
aww shut the hell up. just buy shib and hodl.
i have low karma. so sad.
why not just 100x yes like another shibean posted today? :d at 100x yes he buys 10k as well
buying is oke, but holding is better
5k likes on this, and this redditor sends me ,000 which i will use to buy weed, and like... a pepsi. and a new identity to go live under an assuned identity. which he can pick.
just bought another 1.5k worth. i decided every morning if i wake up and see a steady incline like we've been seeing this week, i'm going to drop another 1.5k every day. then if it ever dips. instead of paper hand selling i'm just going to hodl. i love this coin it is made me some serious gains already
why wait for 5k likes, so much profit you can be missing out on.
so you will lose money by not investing till 5k people say yes?
keep liken bitches, we almost there!
welp, what’s the update? i see 5k likes.
i love that ! don’t care about what the haters say, thank you for helping the cause for any reasons
buy the dip you sumbaskske!
do it now lol
how about you pick a couple of random replies here and buy them some shib ?
need attention much dude , idc personally if you buy or not , i find these posts chilthish af
where is the likes button?
show us the 10.000k lol
why not just buy 10k worth?
at 1k likes buy me 10k worth of . deal?
just do it. it’s for you anyway.
people are increasing targets as shib price is rising. sir if you buy or sell it is for you and your family and totally your decision no one is sharing your profit or lose. personally i do not care for upvotes to buy my favorite crypto shiba
god damn. well i did buy 10k worth of shiba
hahaha just do it. why wait for 5k likes
nah buy 30k worth and ill buy you the ternion
why not just buy it anyways lol.
don’t be a prostitute, buy
why wait for the likes? by then shiba will surpass doge and you'll wish you'd have bought sooner.
but, give me 1% of your ,000 (or from shiba inu).
ysys7 🙏🏽 🐕 🚀 🌕
how dare you guys rug pull before i woke up this morning! grrrr haha 😄 ah well mama say mama saw mama koosa ✌
this is the biggest giveaway! 1000000 shiba inu is waiting for youfirefirefire all you have to do is to fill your bsc address and complete human verification! good luck everyone and enjoy !!!!
check this from his profile posted right before the wuestion
the right reason 😂😂😂😭😭😭💸💸💸💸
the reason why other people buy shib doesn’t matter as long as they buy tbh
all my dawggs r stackn shibs rn...!!!! [
he’s farming karma on reddit
make that 5k and 2, getting tired of the karma farming.
waiting for the proof!
good for you - who cares
why not get pissed on?
so you buy when it inclines and hodl when it dips? why do not you do the opposite?
did a while ago. go in my page
oh do not have that much money lol
>complete human verification i'm out...
good on the fellow.
we should welcome people buying in, even on fomo because fomo buys still help us.
thank you for the information.
you’re right i am and i’m doing so i bought 10k worth of shiba just like i said. i feel like we should start this as a trend. everyone wins
what's the point if trying to get a bunch of karma on here? is there some sort of monetary incentive?
nothing like earning fake internet points instead of real money
its a different post
r kelly has entered the chat
so you're saying op lied
...but it surely does not help them, come on, do not be like that
okay, so we give you karma, and in return you make yourself rich by buying shib and by selling reddit accounts with high karma. good deal eh? still waiting for the part where we win.
you still don’t know how donald trump got his presidency, do you?
"you do not know her, she goes to a different school"
yes it does help them, they are buying a crypto that hasn’t mooned yet. when it does they will be very happy with their profits and their decision.
wait i can sell reddit accounts ?? that’s a thing?
it’s not rocket science guy
who buys these karmafueled accounts? advertisers, scammers and?
no but i'm sure you're a political sciences scholar and will explain it to me? even though, you know, that is not what i asked... thanks for making it political, and btw he won the presidential election by getting rural votes from the "forgotten" blue collar workers who were fed up with democratic socialism bubbling up in the system. drain the swamp was a mentality that many americans mirrored because they were sick of crooked politics. also he was running against hilary clinton- a person accused of suiciding many many people in her orbit, so how easy could they have made it for him. but please, go on, explain to me your theory?
*if* it moons. nothing is guaranteed and that is the point ...
d. all of the above.
well that is the general nature of investing though, anyone investing in anything . . .crypto, stocks, fomo or not should know that nothing is guaranteed in investing.
you just said it has not mooned yet, and *when* it does, they will be happy etc... your agreeing with me but in the same breath you're talking like it will 100% go through the roof.
so. . . what's wrong with that? is that hard for you to understand or something? i'm saying "when it does" because i believe it will. i'm not guaranteeing that it will moon or saying anything that takes the risk out of investing in general.
ok. but you're saying people should buy in even if it is fomo because it helps *us* out. when someone said that is not good for them (meaning the fomo buyers) you said yes it is because it has not mooned yet and *when* it does they will be happy. which brought us to where we are at now. your speech implies that it will moon... is that hard for you to understand o something? or should i recap the entire conversation again so that you know what you're arguing about?
now you're telling lies. nowhere did i say people should buy in. i am not telling anyone what to invest in or how to spend their money. i'm only saying we should welcome more people buying in, even if it is on fomo on their part, because it helps us when more people buy in, and it also helps the buyer too because when shib moons, they will be happy they invested. please recap the conversation, if only for yourself so you will see that i have not said anywhere that anyone should buy in. yes my speech implies that it will moon, i've already acknowledged that. . . because i think it will. in other words, i'm not saying people should buy in on fomo because i do not want to give investment advice. i'm just saying if they do that, we should welcome it.
bruh i have spent the first hour at work just looking at shib price fluctuations lmao
the hardest part is sitting in meetings with a giant erection from the insane pump
dude. it’s terrible. i can’t do anything but check this sub and my holdings
straight up dropping a zero by 5pm!
i love you guys!!!❤
fuck it hold and you would not have to work another day of your life
i am doing nothing in my bid watching most amazing show in my life: shib🚀🚀🚀🚀🚀
keep trying to stay away from my phone, can’t do it
definitely, just staring at my phone saying let’s go!
i feel like my 10 million shares is so small now lol
well i open my wallet, then check on here to validate my emotions
was hoping i could quit today
been looking at the price every 20 mins. my job fucking sucks. i'm all for the moon, no wait, mars, but just want enough to take time off to look for a better gig and maybe a ps5.
hah! i've been busy, shit my pants when i looked at my phone at lunch. hit .
no, my concentration is on shiba no problem at all. lol
pretty soon we won’t have to work…
bro if bitcoin goes on a bull run shib will go to .01 idc what anyone’s bull shit math eqution says i know the god dam numbers and i said it
it’s keeping me awake all night lol 😆
today? try all of october!
we are coming for that shity elon coin
everyone i put . it’s like a reward
brooooooo i literally just got on break and i’m freaking the fuck outtttt!!!!’ thought i was gonna see some consolidation again butttttt we are fuckin rocketing rn!!!!!
according to coin gecko we just flipped doge
if this reaches just 1 fucking cent. i’ll have melt down lol.
i'm making more refreshing my screen than the boss is paying.
stop sellinf you assfaces. i bought in at .000088
be happy about your jobs, i got fired today. would be a good time for shiba to reach 0.01 lmao
i just bought , i’m feeling greedy though bc i’m wanting it to drop again so i can acquire even more for my money lol.
this is nothing, market cap doesn’t matter, this can and will go to 1 dollar easy just buy and forget about it, if you need money take some out…… do the work…... tell your family, friends, people in the street, tweet, retweet messages regarding shib to everyone, comment and share on facebook, youtube all social media… you all will be surprised that still a lot if people doesn’t know about shib…. wherever you go try to initiate conversation about shib. again market cap doesn’t matter! if buying outpaces the sales then it will and continue to go up.
i think that is why coinbase is down so many clicking refresh
not really haha but its fun to see whole market red and shiba in green.
i am having issues. that's because i'm trying to find a good reentry point for some of my forgotten sell.
we gonna eat a 0 before the day is out.
i am selling my gf's feet photos to buy more shib
i had the last few day off thank goodness l feel like a schoolgirl waiting on the boyfriend to call. so happy for everyone. lfg💎🙌
i can’t stop checking my phone
i quit my job 2-weeks ago. lets gooo!
if it hits a cent i'll never work a 9-5 again 🚀🚀
im an amc hodler since april, this price action isnt new to me. lol
i was asleep for the first 38 years of my life.
i’m already off. i have no idea what the hell is going on. i don’t understand what i’m doing, i’m like a drunk gorilla throwing darts at cryptos and now i’ve more than doubled my very tiny investment.
holy shit! it’s going crazy right now. coinbase is down and won’t let me buy more 😂
see but now i wish i withdrew my 401k and put it into shib. *dangerous*
senior enlisted told me yesterday that shib was a shit coin and not gonna do anythin. then proceeded to ask me how much of made... in the 24hrs since our conversation i'm up almost 100% from what i was up when we had the conversation. hahahahahahahahaha get with it bro
shib is number 10!! it's above doge now!! wtf!!
luckily i’m off today so it’s a blessing
refresh refresh refresh refresh
yeah about 800,000 of us lol
what if we hit market cap today with the volume?
fuck the moon , let us go to andromeda brothers 💪💪💪
is it too late for me to get in on the action?
if shiba hits 1 cent, i'm gonna quit my job like scarface in half baked.
i called in sick. fuck em. won’t need them soon.
reddit, coinbase, reddit, coinbase, reddit, coinbase, ever since i woke up this morning
on webull the high of the day shows 0.00008…. wow
it makes me so happy that seeing all kind of people with different age backgrounds all come together. this community so strong consider shiba age still less than a year but we are in green despite market dumping, in top 11 coins, got listed on coinbase webull and robinhood hopefully soon, shiba has shibaswap future nft the future so bright for us
i love each and every fucking one of you.
i believe more and more doge folk are converting to shiba, too. the fomo is bigger and bigger for shiba.
i lost my job today but thank god i have shib
did we break coinbase? saw .00008800 on phone and then a message that said this asset not supported by coinbase. getting crazy!
fuck how will i get any sleep tonight!
what are we missing?! i am crying happy tears. i'm so torn on buying about 500 because i already bought a other 150 and then 200 again today at like 6am and 11
guys what is going on?! my 5€ are now 36€. i am not selling. neverr
yes. i'm in the territory where i'm not losing 10s or 100s of dollars every second, i'm fluctuating 10s of thousands and it is gonna give me a heart attack haha
we aiming at ??? yes sir!!!
no, not just today. that's everyday. looking forward to the day i become financially independent.
its impossible to focus on work today! god i hate my job. shiba retirement comensing in 5...4...3...2...
nope. cool as a cucumber.
holy shit bro cannot work!!!
i have a dream. 😁😁😁😁
i work 3rd shift i got out at 3:43am i have not slept
trying to teach and keep looking at my shib profits 🦍🦍🚀🚀🚀
hopefully we wont have to work soon 🤣❤🔥
buy buy buy don’t sell!!!
what about sleep? went to bed and woke up with notifications we got over the 6 hump. don’t go to sleep, don’t go to work!
i just wanna be able to buy a car 😩
if i check my phone one more time my boss is going to write me up. but this climb is killing me💰💰💰💰💰💰💰💰💰💰💰💰💰💰💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎
not really because i’m holding for years. it will go up and it will go down. just ignore and go about your day!
i didn’t get much sleep and going on adrenaline now. i fomo’d late last night and bought more. i was a little worried as we all know how fomo works. i got burned with fomo and bought during snl with doge.
tell your boss you are sick go home
i am thinking calling sick today because of shib.
hell yeah i seen the price this morning and threw another !!!
i hope to god it hits like .25 or some number like that. i’ll be so thankful it hits a penny but i think it has potential to go beyond. i just don’t wanna have to work for the rest of my life a job i hate lol
i sold my initial investment and put it into eth and staked it. so whatever i make from here on out is all profit
bought another 13m shiba, still can’t concentrate
fuck .01. let’s shoot for a . as long as we don’t sell. it will just keep going up and up!!! let’s gooooo
i've been refreshing cb every minute.
how can you you concentrate when you know you might quit anytime 🤣🤣🤣🤣😂😂😂because of shiba 🚀
work? i'm looking at retirement villas
can't see or access my shib on coinbase right now. anyone else having that issue? lfg!!!
i cant stop watching it
fuck cypto.com aint letting me log in lmaoo
i just got a thing on cb saying shiba isn’t supported by it anymore??? anyone else get that?
shit, i am supposed to be working! thank you
my friend isn’t answering but i just need to freak out to someone! we’re gonna make $$$$!!!!
i cannot concentrate on anything. reminds me of not too long ago when the other dog was pumping. not making the same mistake this time though, holding on tight.
this is amazing. i'm a rank amateur at this stuff. but watching my little bit of 'fun' money do what it is doing has been fun.
hey everybody! hold onto your shiba! don’t sell!!!
did coinbase go down on anyone else
if you could not tell by your awards and comments, you're definitely not alone.
i'm good. i only check every hour. it's pointless, since **i'm holding until .009.**...
so anyway, i start resigning
watching the chart full-time haha
dodge sell to transit for shiba all day long jjjjja
on covid leave but i had to charge my phone because i keep looking at it
dollar dollar bill yall
i called in sick bruh coz i am horny. shib is making me a horny-wreck man today. girlfriend better be ready woman. woohooo.
call me greedy but i want 200x more profit. also happy.
it’s 1.35am and i can’t sleep! woof woof!
i'm using coinbase and these connection issues are frustrating as hell
yeah... i have just under 12m and i keep going on binance to see how much they’re worth lol. can’t believe how much it’s grown since just last week
i purposefully got fired yesterday
damn really i'm shaking
get paid friday 1000 straight in hope it goes down a bit !
do y'all think we'll permanently drop a zero by early next month?
these are my people. sold doge to buy shiba
reminds me of the early gme days...
i woke up in the middle of the night to check the price. i wonder how the feeling will be when the price reachs 0.01
i am not even going to work now that i saw this run up. today is my birthday too, shiba is the gift that keeps giving!
this is every day!!! lol
get ready in 6 months too quit. walk out like nwo with sunglasses
left work for mental health, feeling too good
we will lose a zero everyone needs to fucking diamond hand the shot out of this no paper hands shit we need to change peoples lives i’m riding this out we should all some time in day buy 20–50
is this the official subreddit for shib? there’s other ones floating out there. wish the mods could consolidate or make this official
i was taking a chem test in college and had to walk out the classroom and pretend i was taking a crap so i can have an excuse to make weird yelping sounds
everyday to see if i can quit my job!
day dreaming about quitting haha
i pay attention to whatever’s making me more money at the moment… so i’ve been on coinbase pretty much all day.
club going up on a wednesday…sheesh it’s in the 7s now 🚀🚀🚀🚀✨✨✨✨✨🌟🌟🌟🌟🌟🌟🌝🌝🌝🌝🌝🌝🌝🌝
no, because i'm not an emotional investor
work. i have been taking walks and seeing myself retired on a beach drinking mai tais.
i've been a daytrader for over 20 years... there's no drug that can compete with easy money.
crypto.com won’t let you buy anymore right now
bruh i bought this for shits and giggles when 18 million was worth 10 dollars lmao
stop watching the price. be zen. we are just getting started
crypto is my job
i can’t help it. added more while watching today
gonna waive at doge cap today as we fly by
💯💯💯. everything is lining up! and with the poor crypto earnings report from vlad at rhood...they will have to add shib to their platform asap when if they want to capture what happened similar with doge. this is life changing guys. hodl
the real question is when is the dump 🤔
i’ve literally made 10x what i put in and i only got into this 2 months ago
fuck work just made 50 k today from shiba , never selling my shiba till 1 dolar
waiting for another dip to dump 1k more
lol bro i own my own company, it’s about to be holiday… and i can’t even work today. my team is gonna kill me if i mention shib to them again on slack.
havent done shit at work all week except stare at charts and move all my crypto into shib
becoming a millionaire soon screw work
is there a daily thiscussion ???
i had to go take a walk with out my phone it was a very quick walk
hard to concentrate when all you see is big green dildos…...
me 100000%. i am doing self-paced training for work and i am almost at the point now to where i'm about to say fuck it and catch up on the weekend!
real shit i feel that
i was already imaging on how i would tell my boss i quit lol
i'm not bothering to look. im just assuming there will be a huge sell off at some point with people taking their profits and dropping the price. i'll watch again once a new floor has been established.
mind numbing. i’ve had enough. i’m so ready 🚀‼️
yes, you are not alone
just dropped a zero in canada
so did we crash coinbase pro? says it is down for maintenance. lol
buy hold or sell!!!!!!!!!!
i know i am, *hyperventilating*
struggle to stay off my phone xd
will we accelerate past this price point and never look back or is this gonna crash and burn?
maybe if coinbase would stop being down 😭
always but more so today.
its time to retire. stop going to work
it is more exciting
well coinbase now has the trade button available but it does not load anything
struggling aint the word... 😮😁😳😜😛😥😍😘 i love you all... 😍
i keep updating a friend with the new ath so he is definitely not getting much work done.
made more on shib today than i earn in a week. pissed off though because i cannot afford to eat. come on my basterds!
i have not been able to get on coinbase to buy in the last hour!!
it’s because of the time change
i think shib broke everything. i’m getting antsy going to the crypto.com app an nothing is moving…...
had to take the day off, didnt wake up til noon
had to leave work due to excitement the peasantry there offended me
yes but i do not know what this sub is for i just saw it on the front page. i do not have any crypto but you know it is still a hard day.
just remember shiba wallets arent even close to bitcoin wallet holders yet. we are early. hold till at least 2 zeros. let's make shiba top 5. get to 200 billion market cap and everyone eats!!!! 💎 🙌
hodl gonna shave another zero off
yes lol. my productivity was less than stellar today 🤦‍♀️ but those gains!
jesus fucking christ i didn’t even know this happened today. i threw ’ve doubled my money. i wish i would’ve done more :/
my manager and i are both heavily invested. we have both been in retail for ten years. we are ready to just thisappear.
i struggle to concentrate at work every day… .001 and i can quit and open a coffee roastery 😩😭
🤣me just want to go home and never come back to work
i have a job interview tomorrow but i cannot freaking concentrate!!! 😫
anyone else having issues with coinbase pro?
i just keep saying (this my money dance) clowning around the whole house. gonna take some serious soap to wash the smile from my face.
getting annoyed with this cx on the phone bc i'm trying to check my shib and she wants to order service or something... idk not really listening to her... shiba diba dooooooo!!!!!!!!
we are going to .00008 today.
gonna start pimping my wife so i can buy more shib.
bro i swear i’m checking my phone like every 5 minutes
hell i'm lucky enough to have a boss that is been watching it all day, hell, all week with me
at this point who is looking at shib and thinking they would double their money? this puppy accomplished it’s mission but it’s about time it heads back down to earth. i don’t see many new investors with intelligence buying into this anymore.
i keep trying to take profit but the exchanges are dying right now.
distracted by talking to people but not on shib yo.
everyday man , everyday...
i’ve had that issue since i started! lol!
tell your friends, show them how to buy !!! lambos and pizza for everyone 🚀
sorry but what is this? another dodge?
hey if any military vets are looking for a mortgage hit me up i’ll put the commision into shib
dude...where is the dip!?
did you guys went to work?
not yet, sitting on the couch before work hitting refresh
my , fighting everything in me not to throw 1-2 grand into shib rn. my wife been on my ass lately. i need advice from the army! should i take profit and ,sit, then renter on payday next week. or throw some in now!? any help is appreciated bros!
i'm having the same problem
hahaha the good question is when are you available to do so! haha
not because of my wallet... i'm adhd as fu©k so i always struggle lol!
im surprised no one has said anything about me being on the phone so much
lets goooo! won’t need that job where we’re headed!
yes. been here for an hour haven’t done anything
[ ' don't go here. i've been 'working' for 2 hours now...
coinbase even went down for me for a few minutes, lol. time to step away for a bit
i’m struggling to put my phone down and be productive, in general. this is craziness how i bought into this back in april because i absolutely hated doge due to it having no sort of purpose at all and everyone around me swore it did and it was the next ‘bitcoin’ but look at us now, patience and self thiscipline is an amazing trait.
phones literally been on charge at work all day with lock screen turned off, cant take eyes off chart, not very productive 😂
i’m doing the angry costanza face looking at my phone and everyone thinks i’m working really hard! throw in some wayward gestures for the annoyance look and we can happily check the price all day long!
i would say the level of concentration inability is directly proportional to the number of coins held. 😊
when don’t i struggle to concentrate?!
2 days i a row i do not get shit done at work🤣💎👐
yup. and it is great.
i’m a teacher and i have my phone in my hand at all times looking at shib while teaching the kids idgaf
no need to keep refreshing. we are so early in the game that we are pretty much going to get gains no matter what. lets just leave it alone and wait for our shib to be at least a penny.
struggling at work lol i’ve been blowing off people left and right just to watch the line
work? shib holders still do that? 😩😂😂
[ we're going to eat a zero real soon!
i’m pretty sure we killed coinbase
yeah gonna get fired but i do not care
eh. we going for another 0. than i’ll be excited
yeah, and it am not got shit to do with shib. go figure
yeah, but i'm like this everyday lol.
lol i do not even know if i do anything at work anymore.
it’s driving me crazy. i can’t focus what so ever
bro, i am not never related to a post like this before🤣🤣 legit am not got shit done today
i’m struggling concentrating on the toilet.
the only thing i am doing, is scream at my screen when the price is dropping to 6100. after that it goes up again and i can rest a little more
i'm training someone today, so yes lol also, all my shit is locked until january. i figured that would stop me checking all the time or any temptations to withdrawal. nope.
bro i’m gonna get fired this is impossible
my friend says it will never hit .01 should i quit being friends with him?
honestly bro, i do not check it, i waist more time on reddit then i should and that is about it. i look at it in the morning and then do not look at it the rest of my day.
when is it gonna crash hard though...
not at all, wake me up when it hits 1c
[tradingview.com]( \- live price action - no more hitting refresh
i’m relatively new to all of this, is it logically possibly for this coin to reach ? i feel confident about .01 but im in the position where i need it to hit above .20 to get a real good return
every time it goes up i make more money than my daily pay, yes it’s hard to concentrate.
🙋‍♂️ same here. cont concentrate on a thing. i keep checking and it keeps going up
me mate driving looking driving looking everytime it is up f... brilliant
honest question what does the majority here think shib will realistically reach? like if it hits a penny we all selling? or we hold an see if it hits doge numbers? or beyond?!
today? i struggle every damn day lmao
hahaha i was thinking i should bring my charger because i’m going to checking my phone nonstop 😂
can it realistically keep going?
so coinbase is down. wtf!
off for 2 weeks!
anyone struggling to sleep? since shib seems to rally at the oddest times: overnight, on sunday, etc.
i struggle to concentrate at work everyday lol
my coinbase crapped out. i thought that would make me productive but i’m just trying to wait to see the price.
i am sooo stoked
yeah, so many same same people… worldwide.
i'm just sad i did not buy more. i spread my portfolio out which is all doing well but if i only bought shib mt portfolio would've been 5x from where it is now. i locked most my coins into staking on crypto.com and i could not even buy more shib with my profits from other coins if i wanted. i have a huge move in expense and car repairs to pay for so i have to keep my fiat and cannot buy more shib. the sorrow of not goin all in on shib. still happy with the gains but damn does it suck to watch it explode and realize the profits i do not have.
stake your shit then you can’t worry ppl that worry have no true faith on the coin
i put . excited to see where this goes! :)
that made me laugh mate, r
yes, it’s good practice for quitting day
pretending like i’m on the phone just checking the charts
😂🤣😅 yea! i’m on “breaks” at work for the entire morning. i will take another “ breaks” in a few lol shhhh
can’t stop refreshing so i put another 🚀🚀🚀🚀🚀
yes. me just now. holy shit i’m making so much money but i’m holding and instead buying more. should i stop?
i'm just pissed that half my limit orders never got filled. shib is less than 5% of my portfolio, yet it is single-handedly propping up my entire portfolio.
called in sick today.
oh yea, you just reminded me i’m actually meant to be working 😂
i hope we moon soon because i may be fired for looking at crypto.com every 5 mins.
i had to rub one out. i was about to buy some whores. i got post nut clarity now
it’s going to have to hit higher than that to forget about work.
nope! not at .57898769 yet!
i’m at work playing zelda botw watching the prices lmmfao don’t tell
why you guys checking your phones? 💎✋🏼
i work on amazon's mechanical turk for a pittance and it is really hard to do that when i'm making 10x that with shib almost every day.
no, put your seat belt on blasting to the moon . starting countdown
mine is all staked in "[crypto.com]( so i cannot touch any of it for 35 days minimum...
yes, i just put ’m a shiba millionaire!
what the fuck is up with coin base? i cannot deposit $$.
what is going on!!???
yees, ... always checking in on my wallet and on reddit. xd
yes but it’s mainly cause i’m trying not to fall asleep
yes, but i'm dam proud of everyone holding. proud to be a holder with all you shibs!
wym today? i have not been able to concentrate for the past month and a half lmao
i never concentrate at work, i love it.
squid game for today, stay away from phone and not check the shib😁😁😁 who can?
being up 700% feels great
can’t stop checking the price, reddit, and twitter. i’m obsessed
i have gotten nothing done at my job today
healthy correction needed for longer lasting growth
little bit. so does one dump 1000 shares of bb and go into shib- now?
i can barely sit still. this is wild
just threw down .com it’s not showing up, how long does it take?
i'm moving twice as slow today!
leaving this around here…be warned that can contribute to high amount of anxiety. maybe some know about it … have fun
pay day is 2 days away...come on man.
this crazy and so much fun... my work day is flying by
looks like crypto.com is having a shib contest today until early november. buy 're entered to win . a lot of exchanges want shib exposure lol.
i’m considering deleting my app
everyday damn day since this started pumping
working from home. using personal pc to keep watch, but i'll admit i've not looked at my work laptop much.
i regret being a bus driver as i cannot always check 😅😅
i don’t work i invest! 😤
times were hard for me a few months ago, and i only had like . fast forward to the nearly , i'm glad i took a chance a 💎 handed it!
lmao fucking losing it rn between messaging customers and watching shib 😂
omg yes you hit it perfectly. i am in the middle of a major project with key stakeholders waiting on my work but i can’t freaking focus on it. i just took in six figures with the shiba and want to celebrate!!
hahah bruh i called in sick today just to stare at the chart nonstop like a retard lmaoo
lol same here, it’s increasing like crazy
i can’t sleep now😂😂🚀🚀
been holding since may .000003 - tough to focus on anything else with these gains...
can’t stop refreshing hmmmm
i'm bout to fuckin quit
i might just get naked at the office
i feel like its a national holiday today
dude, im happy as a motherfucker right now, cant get this excitement off of me
just sitting here waiting to quit my job
im waiting for some moneys to clear to buy more. anxious cuz the longer it takes, the less ill be able to buy lol
my stomach is doing back flips probably gonna buy more fuck it!!!!!!! 🔥🚀🚀🚀🚀🚀🚀🚀🔥
...y'all still have jobs???
until it’s at the point you want to take it out, don’t be stressing about it. your career is still the most important thing to you for the time being. simply because with that money comes more shib😉
i cannot even 😂 i'm so busy and all i do is keep moving my ath horizontal line 🚀
i work nights and i’m supposed to be sleeping…...but i can’t turn away from my tablet watching shiba surge. we’re literally 5 million behind doge in market cap and closing….
sitting in teams calls watching the shiba ticker while i nod and trying to look engaged.
omg! i gotta head home…. every time someone walks in my office i’m looking at my phone in thisbelief.
yeah a bit more obsessed with watching the chart today
what’s gonna stop it from continuing to rise? when will there be a correction? i’m sitting on 22mil coins .000023
just bought a big bag again at an ath, did my part my dear shiboshisssss, i will hodl! ' i lost on doge, lost on btc, lost on shiba from may because i sold like a mofo, not anymore!!!!!
this army is a f$&king beast!!!!
kinda hard. a few more hours and shib is in the top ten.
it took me 20 mins to fold laundry 🤦🏻‍♂️
on my lunch break but the only thing i'm eating is that zero
work is good to keep you busy and stay away from selling so stay busy and get back to work
i’m sitting here at work and calculating what price shib needs to be for me to peace tfo of here 😂
i'm over here pacing the floor pulling my hair out want to drop another 4k down but wondering if i should wait for a dip? any ideas?
f\*\*k the work, you re gonna be the boss one day
this past week got me shaking for days
only way we win is if we control the supply. keep buying and hodling!!! diamond 💎 🙌
i can’t concentrate cause i can’t stop thinking about how it will cost
i'm actually wondering 🤔 at this point how all the paper hands are dealing with all this boom💥🤯💥
converted all my doge and cardano to shiba yesterday. i’m here to stay boys and girls!
i'm relaxed cause i know you dog lovers wont be dipping out till we are number 1#
fucc yea!!!!🤣🤣🤣 i'm ready to say fucc all of em🤣🤣🤣🤣
we are going to eat a zero...
when pullback? lol. i panic sold 80 mil. ofc with profits. and still got 50mil. but i want to rebuy.
same my dude. going to get fired and dont really mind lol!
thanks for the awards everyone!
lol yep! to excited over shiba
buy more... so early... people are shuffling crypto to get in... i did
much longer and you won’t have to work anymore.
i was just taking a leak... and then it hit me... i can feel something in the air, it is just about to moon. buy and hodl 🙏
we all should resign, we’re gonna be millionaires! lol
my gawd... i cannot concentrate. lol
i love everybody today! go shib!!! ' this is our chance!!!
😂💎🙌🏼🚀🚀🚀🚀 ’s fackin gooooo 💎🙌🏼🚀🚀🚀
yes. ive done about an hour of actual work in 4 hours.
can't even get a small buy in on coinbase. wack
i finally did it. i went more than a minute without hitting refresh.
work? where we're going, we do not need work
lol work these poor pricks are getting nothing out of me today
tell me about it bro 😎
bruhhhs how many of ya'll sold at .000069420? cmon now!
i keep dropping 100
is is too late to buy at .000082????
sold half my doge and threw it in shiba.
got a long way to go for my 13.1 million coins to make me a millionaire. so i'm watching and hodling
i’m f atm my mind has only been shib all day 😂😂😂
i resignedly last month, my last paycheck is thankful for my wise decision to invest in shib
it’s my day off, keeping it on the qi charger 😂
lol... i did not sleep last night so i took off!!!!!
i've been up since 3:30am pst checking the chart every 15min.
anybody else’s heart racing like a horse on the track. just to excited to put the phone down. hoping to keep this momentum up.
i’m struggling to even go to work at this point
i can’t wait to retire hodl to retire sell to stay broke…this is the way
i'm at physical therapy preaching the way of the shib, my therapist just downloaded cdc and bought a mill.
i put 1 k yest thats worth 2200 just put 5 k more in now.
im watching like a hawk and am like...lets break 7 already jesus!!!!!!...coworker's looking at me funny cause im talking out loud.
just bought 15m shib
man i work for a huge bank. cant keep my shit together
tryna so hard to hodl!
coinbase would not refresh for me at the moment so i actually had to do some work
i basically buy ... sad to say... i hold 20 million coins
wish i put in more than 500 when i bought in a week and a half ago aha
i’ve been “working out” for almost two hours
what work !!! history is being made ... and i have a diamond hand in it 🙌💎
time to sell at 68 and rebuy at like 52 lol
wait until robinhood includes us…they will do it because it helps them and in this case it also will totally boost us!
nope i took the day off! let’s go 🚀🚀🚀💫💫💫
bruh keep holding . more profits are yet to come
i’m at work reading manhwa so time flies by pretty quick
can someone explain what the fuck is happening ?
dude, i am at a conference. the people around me must think i am on something. i keep wanting to stand up and dance in the isle.
it's doing it again
i cannot stop looking no matter what i try! the excitement is real!
yeah, i can’t wait to sell this afternoon. this thing is going to pay off my car!
yeah it is wild, i'm happy to have got in on shib back in march!
couldn't sleep all night
concentrating on whackin zeros ;)
i've been posting stocktwits analysis updates all day omfg, to check em out if you want
i love this absolute rocket that shib is on... tho i'm not excited for the price drop
at this point i just wanna say i love you all and thanks for your hold. i will hold as you.
telling everyone at the office, get in while it is still cheap!
only sitting at 10mil shib and hoping to get more soon, but damn this is exciting to see play out.
struggling to smoke concentrates at work… also it’s my day off…
shib is my job now.
i have trouble concentrating everyday. but yes today it is because of shib.
yep. couldn't sleep last night. so glad i got to this early
i got .000061 range again 😈
im not going to work.
i am now that i looked during my lunch break. that is all i’m wanting to watch and think about when i got back in 5 minutes….
is .01 the goal value?
that’s me everyday but now i have an excuse. thank you shiba and thank you brothers
what’s work? i didn’t show up to do that this morning because i’m a shibillionaire!
hitting the refresh button is my job now
i have 3 monitors going so i just have the ticker on one and reddit on another :) let's fucking gooooooooooo
concentration will be no good at .1 see y'all there.
got the day off today and tomorrow… this weekend will be difficult tho😅
shiba gives me the power to keep waking me up and working , till the day a be millionaire
lol - that’s everyday
loool!! how do you know? do you have cameras behind me?
not really. nowhere near 0.01 yet.
nope!!! shiny object 😅😅🤣🤣
i dont even want to work anymore 😂
i’m at work ad i just bought another 4m coins
i rolled all my free coinbase money along with a little more into shib on saturday. still cannot really believe what i'm seeing.
i'm 10x times more excited than a fat kid eating a cupcake.
i’ve got the day off. headed to vegas and it’s like i’ve already won!
not even a little. i’m fully concentrated on hitting the refresh button. fucking boss won’t shut up though.
i cannot look until break... but losing my mind!
so many people are watching this and not in yet. wait until they finally come to the realization that this is the way! haha we’re gunna zoom past that next zero
o hell ha lol we about to burn another zero and everyone at work is loving it woooo
couldn’t concentrate in class. teacher was just moving mouth
bro today is one of my busiest work days of the month and here i am unable to do anything...fuckin shib lmao
i do not hold any shiba, just wanted to say congrats to all you guys making gains. i'm very happy for you all, do not forget to take some profits!
i am new to this, is it too late to buy more?
yeah i might of had my shib account open and watching it while working half of the day so far lol
people i don’t look as as investors and never hear anything about money are starting to talk shib. i saw one post asking if rh had it. there are a lot of people still trying to find a way in. this rocket 🚀 has plenty of fuel and just leaving the ground. we haven’t gotten out of the atmosphere yet.
i've been ignoring it for a month except when i get notifications from reddit or i see a news article. but i'm ready to talk now gosh damnit. to the moon shib!!!🤯🤩🤑
we must stay cool it will be v difficult
i've done that "i'm bored of reddit. i think i'll browse reddit" only with the crypto price since we crossed 40
wasn't until an hour ago, luckily i'm on lunch.
yes, i have not got anything done today. luckily i work in front of a computer screen all day, so at least i look like i'm doing work.
up up up and away!!!
im sitting on the toilet - so no one is asking and i can check shiba for the next 4 hours while i’m taking a good run on toilet 😂😂
what will you guys do on tax when y’all become millionaires?
i've been constantly checking as well. i have a goal when to cash out but for now, i'm just enjoying the ride. curious though, when you wish to take out some of the earnings, what is the best way? sell directly? trade for busd to then cash? still a bit new to selling or cashing out as i got in early into shib.
bro, i fucking put, like, 50 bucks into shib a while ago just cause i saw it went up, like, 20% or something and thought "fuck it" i'm now sitting on , from a random ass throw away buy
someone have to watch the cash box!!
luckily i do not work right now, just watching my kid with my celly in hand. hopefully in the next year to 18 months when i return to the us with my wife and son, we would not need jobs. the waiting for immigration is starting to to have an upside.
yea... most of my portfolio is down, but shib and australiansafesheppard are making me very happy haha
my 500,000,000 shib made ! that was the best can of tuna i’ve had in my entire life!!!!
yes i have 190m and i’m up about 12k. with doge i had a similar situation and sold too early and bought back in like an idiot the day of the massive pump i believe in april and lost a couple hundred bucks. won’t make that mistake this time. although i don’t believe itl hit a cent i won’t sell unless it deletes two more zeroes. one more seems inevitable at this point
honeslty, i just bought another mil, only at 4 total but if it keeps rising this is the dip
i'm just waiting for the point at which i do not need work! lol
think alot is buy in due to the rumor of rh listing it... wellll... it's a good rumor so let us keep going...
what a wild fucking ride
i have over 100 million shiba, sold a portion to have all the money i need for bills. just converted some btc into more a few million more shiba. never going to stop buying.
“stop the count” …. ok jk. even tho i wanna buy more but it’sr fun seeing my money increase
eight... ' :d :d :d
this is crazy holy friggin crap
who was dumb enough to sell in the am? 😂😂😂🚀🔥🚀🔥🚀🔥🚀🔥
i made . easiest ever. keep it going!!! 1 cent here we come!
lol about to kill the first zero.
my problem is that i have intermittent internet access inside. so my coffee breaks are frequent.
taking down another zero soon! 0.0001 🚀🔥🚀🔥🚀🔥🚀🚀
yeah, i just added another 5m shiba, watching the price rise since i woke up this morning has me anxious af. i had to close kucoin.
i’ve been to the bank twice today…
crypto.com isn’t working for me so i am melting down of course.
yes , yes and yes
yes! it won’t be long now. it won’t be long now, my brothers and sisters. let’s get it!
everyday, i have not concentrated from my work since sunday. this thing goes nuts
i came here to say the same thing!!!😂😂😂😂 even when im driving i got coinbase open watching the charts😂😂😂
couldn’t get on the app either :(((
who needs a job when we are shib millionares
i’m pretty upset with myself. i had ,000 in eth and lost it all gambling around the same time i bought . if i put that 4k in i would not be at work right now. but let’s hodl boys
that's why i only check it a few times a day. i'm not selling even if it falls for a while. check in the morning, nice up 45%, check at lunch, nice up 77% since yesterday. then that night, was up 88% but in a dip, ok time to buy more.
my boss was like...look stay off that fing phone.
i have two coinbase tabs open (shib chart & portfolio) at work along with all my other tabs open. thank god for 3 screens i am able to multitask effeciently. boss walked by and asked if i was day trading. i said "no im holding the line, i just like to see where my money is at."
i’m in till it hits over a penny boom…
you kidding, i saw a straight line going up
this is better than lottery numbers lol
yes thinking about how i’m going to handle my new wealth 💲
my 11m was worth :01pm. this morning at 8:30am it was worth . this afternoon at 3:35pm it was worth . right now it’s chillin at . been hard to focus on much more than that lol. i have only invested . this thing is wild
fucking hell, i've never struggled more
luckily all i do is drive a big rig. i can watch my shib all day on my phone.
all day checking the price
shit i was playing ina. golf tourney and i wasn’t playing great but i didn’t care lol. bc i kept checking my device. keep in tabs and setting price alerts on my phone lol. one of the first times i truly did not care about how i played hahaha
i've been struggling to concentrate on my work since i made my purchae 3 weeks ago 😂
i got jack shit done today - if it keeps running maybe it would not matter xd
work? i just quit!!!i’m gunna be a millionaire when this hits .10. i quit ahead of time since i know this will happen. you gotta have faith! 🤗💎💩
shiba ruined the bull market we’re all doomed including shiba.
i looked at it so much my boss bought some
i'm an rn. we're just ending the worst covid surge, our second. but this one is a kind of hell ihave no words to describe but if i did noone would believe me anyway, it is not on the news. just some kind of strange alternate vacuum of fucking hell. i sat at work sobbing today just begging god to please give me a break so i can leave nursing even if it is just for a little bit please just give me a little shot at the moon. my boss hates me. that did not help. y'all do what ever to get us there. please please i'm so tired 😩 ok. i'm done . i'll see my way out.
going to be hard to sleep tonight knowing that zero will be gone when i wake up. btw bought some shib t-shirts tonight. the most important thing you can do besides burning shib tokens in promoting shib tokens.
oh damn that’s right, i was supposed to go to work today.
when the exchanges crashed i lost my shit
i literally have been yexting my bosses to get them to buy lmao
big time i’m not even at the gains some of you guys are at but my . currently own 2.8 million shib and just riding even the smallest of gain highs (:
all day long! 🤣
i do slave work so no time to think about the price. bag is getting heavy tho
first binance pump i had trouble focusing(i had 25k at the time) 2 days ago it went 30k i didnt care much but soon as i saw 45k i couldnt sleep so yeah its fucking my sleep schedule( im poor eu citizen so its big for me). at work refreshing every 30 mins
why are you bothering? it's not going to hit 1 cent any year soon. stop obsessing and get back to work
shibainu giveaway is going on, sharing to help others <3
i've been on the fence about quitting but after today i'm done with this bs
shiba baby!! don't miss this guys, airdrop for shiba going on. free sheeeeebbbzzz for all!
i’m putting my coworkers stuff for sale on ebay to buy more shib
i’m telling you man. we’re so early on this coin and we know it it’s almost other worldly. or we’re just absolute madlads
hahaha i fee this!! phone is a bit hot.
lmao 🤣 we all screaming at work and some of our coworkers looking at is crazy they know we all invest in crypto and are ready to retire early 🙏🤑🏠
dude i know. what is happening!!! 😃😃😃😃. this is insane. 900% in 1 month gains. whaaaaaaaat???!!
me too. i bought back in may and told a guy who i know follows crypto and bought doge about it. said he would buy some. mentioned it probably once a month since then. today he is asking me why i didn’t make him buy back then (half joking of course) i’m so glad i didn’t sell when it dipped a lot
same tbh bouncing between /\*\*\* (i am not naming /\*\*\*/. someone else can but i'm not.)
i mean, my \*\*\*x dropped \~12% because i stopped staring at it last night when i thought i needed lolsleep. you think i'm gonna let that happen to my shib just to get a little work done?
same, trying to look at a dip to buy in as well
just stroke it under the desk, they will never know.
same. also punching in fantasy #’s into the calculator an day dreaming of being a millionaire
**this word(work) has a few different meanings.** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(delete)]( ^() [^(report)]( ^() [^(github)](
this is work. hard work. 😂
i’m really going to get pummeled at work if that happens. i can’t shut up about how much i got and how cheap it was then. it’s still cheap, but you know what i mean
we kind of on track tho
yup, staked mine for 3m, set and forget look 3m from now, hopefully it’s huge gains not losses.
i bought some back when we are 07 compared to the current 69 and put enough in i told my abusive employer (i worked at a paper mill) that i quit to his face. i've never felt so good in my life than right now.
this is from my phone!
yep, me too….just rooting it on like a good cheerleader here! 🚀🚀🚀🦊🚀🚀🚀
sitting here kicking my past self in the ass for not putting more than . but flipping ’t bad
i got even less than you. don't feel bad
i bought 5m shares at .000039. my dad just asked me to buy , so he got 4m at .000069. i'm perfectly ok with 9m shares for . if this keeps trending up, people are going to jump on it like they did doge and we could all be sipping cocktails on the moon in the coming weeks.
omg...i should just take a pto day at this point lol
you will get there!
agree! at the end they will be like “oh nobody could have known that” 😮‍💨
i’m glad i sold what bitcoin i had and am going to dump in into shib. holding till the day i put in my 2 week notice
correct me if i'm wrong, but i knew that when btc is bleeding, altcoins rise. when they stopped milking alts, they invest back in btc.
i've noticed there is been bull runs at the beginning of the month for the past 3-4 months. let's see if it happens again!
nobody would have believed that tesla would have a market cap of over 1 trillion in 2021…anything is possible in the crypto space.
it would not in this year
i'm holding for you, lfg! .01
hey, everything happens for a reason. i’m holding for you!
what makes you think it’ll hit a dollar? i’m hoping you’re right. i just wanna know what a realistic for sure amount this will reach.
that is a possibility.
i took profit under .00006 to find a reentry 😶. had to take profit and reinvest my original investment. at least i can’t lose money now.
sorry, but it’s not going to hit a cent. that would mean a market cap of well over
180 plus million shib lol
>, so now my pr best move, do not tell friends you get rich!
don't post what you have. rule of crypto.
same. it told me they do not offer shiba 😂 wtf
coinbase being down right now is killing me. i knew i should have bought at .00007!!
preach and practice that username
at .01 it would be like 4t valuation…. i think there are gains to be made, but that is 4x bitcoins value.
same...it claimed they do not offer it when i tried to buy more. let's hope there is not a big rug pull during this time like robinhood did 🙄
same it logged me out and wont let me log back in lmao
looks like they are selling. losers!
don't stroke out before you get filthy rich. breathe a little.
i’ll get excited.10 lol
keeps hitting resistance at 7. need to break through.
this is definitely the way.
hah! about to say the same\^ i also code, and do art stuff for my old job, but it is soley on my own leisure now. no more freelancer stress for me. done with it.
i've doubled and i got mine 3 days ago. pretty great man
the drop is going to be suicidal
but that means paper hands cannot sell
yep, it choked again
yes for the past 30min
we’re almost there now. 7522 as i type this
that is a beta male move dude.
send a picture, maybe we can trade. 😂😂😂😂
i would throw it in now, and let the wife thank you later
not really it’s impossible, unless there was some significant burn to the total supply….there’s just too many in circulation to ever reach .
how much did you invest
can you elaborate what you mean please? i use coinbase, uphold, and crypto.com but all my shiba is in crypto.com and it’s the only wallet that i haven’t withdrawn from. is it difficult to access funds once converted to fiat? i saw that there was a ’m worried.
never had a problem until today.
don't be anxious! it's no big deal!
hopefully you waited 10 and got in at a better, but goodness, there seems to be a lot of people and money behind shib. these prices are no brainers.
i had several thousand . fml
go ahead and dance. they're all going to want to be your best friend soon anyway.
even if it was at 0.1 it wouldn't be too late.
i use trust wallet to hold my shiba i also have coinbase & crypto.com app . did a couple of test runs the best way in my opinion would be to send one of those wallets , then into usd and withdrawal to bank account . of course you would need some eth for gas fees
they said in earnings call the didn’t have plans to list shib anytime soon. we don’t need robin hood
lmao go back to the doge reddit. we're taking a money bath over here 🤑😎
pretty sure this is a scam
you know what to sell next, right?
can i put your coworkers on ebay for more shib?
this comment has me dying of laughter every time i remember it.
have you seen my stapler?
ahhhhh fuk. . . should’ve bought more
exactly my thoughts, we're either so early or we just got the biggest l ever... 😆
yup, i feel lucky to be part of this 800% (so far) rally
you’re a good cunt, lad
same and i don’t get paid just to be here lol
i have been , since 9am...we just hit another ath so i just keep stroking
solid gold swethish pump
he legend, trust me, he legend
omg. me too! lol
where do you go to do that
hey bot did you buy shib?
i’m not joking, it’s gonna hit! wait until robinhood crew jumps on this train, choo choo choooooo!
i love lamp 👀
in the hands of the crypto gods now!
where can i stake shiba?
big dick time bro, good shit! fuck that guy!
i put 2500 in and i'm kicking myself. doesn't matter how much you put in. still always say should have put more. unless it flops then you would have been happy
this jus broke my heart i got 6.7 mil for only 50 way back when. i’m so stupid i would have my lambo by now. 😭😭😭
i think you can afford it…now
it’s as if people forget that crypto market cap just goes 10x randomly every couple years since it’s inception
sure that happens as well but alt coins mainly follow bitcoin. when bitcoin sky rockets the market skyrockets alt coins included. what your talking about happens after all the bitcoin craziness, but it’s not all alt coins it’s a small handful.
thank you for the nice words. what a great community :)
look tesla has a market cap way more than other car companies combine. that’s a direct comparison, why? because people believe on the company that they will have self driving, etc…. the keyword there is “believe” if majority of people believe and only buy you will always outpace the sellers. and notice that i don’t even mention the burns. people will pay 1 dollar for anything. hold strong and believe. and why stop at 1 dollar….
it's already higher than anyone thought it would. so no one truly knows.
thats where i'm at. i use to trade penny stocks, and would always do a 50% sell at 100%(a double) did that here, so now my profit is working for me, still looking for a sexy reentry. we have been i'm the green for 5 straight days. we are going to see a dip probably next week. i'm hoping it does not tank, but a small investor like myself has no power over that lol
you're thinking too short term... look into burning if you have not. this is not a coin for paper hands edit: with lots of burning over time it would not need rediculous market caps to hit good prices... also maket cap has doubled in about a week so there is that
fuck ya!!!! it would be the first of its kind! we have an army here!!
spoke too soon. down again lol
i'm seeing that i'm back...i think the shibarmy is just too powerful!!
the strength of the shibarmy!!!
breathing now. i had to take a half day leave could not really concentrate.
i guess i’m on the ride.
i hope you do too
thanks! i've got mine in binance so would it be better to send it to another wallet? as for fees, how would that work? take . say you bought . would it be easier to transfer all to busd and then sell? would you pay fees and taxes on the ? what if you converted ? would the fees be less? again, sorry for the noob question but just wanted to be clear :)
i dropped an extra ,000 this morning on it.
it's not too late
i don’t think it will be a big l since the community is so large and is only growing plus the burns. i would say 70-30 in favor of super early. buy and hold as much as we can
where were you able to buy shib that early? and how did you hear about it?
anywhere with a calculator i guess
hl yeah i did
the more you know. 🌈
don't tease me with a good time
i love anchor man too!!!😂
are you just looking at things in the room and naming them brick?
shibaswap, if you can stomach the ridiculous gas prices. you get shib, bone, and weth.
that’s 10x now? a lamborghini is what? 250k? do you have 25k around that you’re ready to lose?
people keep treating it like stocks when we have no fucking clue what's going to come from this revolutionary new tech.
got it. makes sense. :) i'm still learning.
i don’t know what you just said, but i’m gonna listen to you.
it’s been constantly finding new levels of support and gaining attention. what makes you think there will be a significant dip?
nah not at all. slow and steady to 0.001 or 0.01. we need these dips to keep buying 🤪
now grab a beer and really relax.
hopefully after this i'll have 10k to drop lmao
wtf? this is the way but damn. i was happy to put ...
you are a good doggie
this also is the way
i just sold my dogecoin and bought more shib.
still on sale 🤑
i bought it at .0000069 on [crypto.com]( (.0000069 \* 8 = .0000552, so i was being conservative). it was literally that price a month ago, but there better entry points between june through september. i signed up for [crypto.com]( in may when i saw they had that referral bonus and i guess they had just listed shib around that time. i day-traded shib for a bit, but then decided to buy and hold when it got dirt cheap. i'm not gonna lie, i only bought shib at first because the price was so low and i thought it had so much room for growth. i did not know at the time that there was such a strong community behind it, nor did i know about the various projects that were. i got really lucky!
loved me some reading rainbow. 👍
if i wouldn’t have gone into shiba cheap while spending more on other shitcoins that got pumped and dumped i would have more than 25k to lose. i’m only at around 500 right now but i would be a millionaire if i bought what i could afford back then.
there’s truth to the numbers but exactly people keep treating the numbers like it’s the stock market, when in fact the market could just 100x overnight or the creators could decide to burn 60% of their tokens
i agree, if we dip it would not be below the 46-50 mark. my prediction is the fact that we have been booming for 5 days straight. imo, there will be an eventual correction. significant to me means >20%. so that is where i am drawing my conclusion. there is no malice, just a thought of "we are due for consolidation". as per usual, people will take profit. and we will settle some where for a bit.
and fuck we shall 🤜🤛🦍🦍🚀🚀🚀
i just dropped .00 i am still good right?
thank you for your kindness
doge is on dip...
that's what i did last night, i was so late for that, all my profits went away but i think (not sure) that i managed to get back my initial investment
how did you do that? i tried to transfer it. do i have to just straight up sell it? 🤔
yeah this is still the 5 digit sale! cannot wait to hear all the regret when there are only 3 zeros infront of that number
yeah me too. i spent 40k worth of todays bitcoin on shitcoins that all went to 0 over the past four years. i could have kept the total of 0.7 btc and now have 40k. but i didn’t, because we all can’t look into the future.
i invested in the stick market for a while but it went up in flames and i was left w a pile of worthless stick ash... just do stocks and crypto now.
could the shib devs be keeping 60% of tokens to be burned at some stage? not telling anyone now.that would be insane!
if the creators decide to burn 60% of their tokens that screams massive scam lol
this is the way... ... we fuck.
shibas current market cap is at . this morning when i check doge it’s market cap was 32z we are closely coming up neck and neck with doge. and they said it couldn’t be done. lol, who’s laughing now? - i am. lol. (nothing against doge. i also own that coin too. but just all the nay sayers , are now eating their own words)
my doge was on robinhood and my shibu is on crypto, so i had to sell it. there is probably a way to do a direct transfer though.
under appreciated comment of the day. 😆😆😆 thank you for the laugh.
bro the stick market is always doing good people always need sticks
ya they 100% could. and i think that they might even if the circumstances were right
fine .001 haters happy? god dam fuck me for being positive right
we will be by the end of the month.
yeah i have a chunk in there too, i have not lost anything as i bought it cheaper then what it is right now, but let us stay positive as we do not want people to lose money doge or shib we are one 🥰 memearmy
i sold my doge for shib also... its a dead dog!
the way this is.
i fully believe that
positive vibes for everyone.
i sold half my doge when it was .75 and put it all in shiba.at the time i think i had a total of , when i cashed out half. that was a great investment lol. now that same half is down to
you will forget all about that when you a shib millionaire brother
you really summarized this crazy week. hive mind mentality took over for the better. i know i did my part, don’t wanna lose my investment lmao.
top post ...all should read ...feeling confident 🐶💎👍
i have 1.4billion shib -- average price of .00001639. i am extremely uneasy -- but if this pays off, i can get my mom the 225k she needs to retire. i put in about 24k usd lastnight.
i love this post, thank you. this weekend was hard, but we came out stronger...
amazing post for an amazing group! just goes to prove what we are capable of by focusing on the future and the potential that we are all a part of in a decentralised shib society!
yall talking about lambos. i'm going old school and investing in my dream car a 1970 dodge charger, but ill meet yall out there. 💪🤙
we stand together - earn together. keep hodl
only community kept me holding my life savings in shiba which i invested at 0.29 :d :d it is inocence of the children and faith. fuck the numbers and charts, they are just sideeffect of these transformations. love you holders :)
this is the way 💎🙌🏼
having a purpose and choosing humanity the original concept of decentralization. someone called for a rally and asked us if we really believed, they gave us no further information other than lets test the faith. and here we are, shibarmy. i’m proud to be here.
good vibes all day 🤙
i agree 100% this community is super friendly and helpful i love it
good summary. i can’t either believe that i could have the honour to be a part of this god army. let’s hodl and surge through the waves:)
can’t wait to all meet up at the lamborghini meet in 2030
we are not the actual life savers, but we can be in the near future when this grows into something bigger. i would love to be a part of that
i’m proud of this community we helped india 🇮🇳 our fearless leader burned 40% and promotes us dressed in a deer.
top post mate!! 👍👍👏🏻
and they still don’t change the banner
together we can 🙏
holding until i can buy a penthouse in new york! 👀
i invested two days ago and it has been a wild fucking ride xd fully believe we're going to the moon
at this rate shib truly has the potential to hit $.001! if not .10!
well...when you put it like that... 'gushes'
yes even though at start this community took an aggressive tone which i did not like cause shiba is all about love, but anyways the community has changed itself and people are helping each other out, as i am from india i am amazed to see how accepting shiba community was of the donation. so i am hodling shiba, thank you every shiba hodler.
i now have my whole family as shiba holders and have all my work colleagues onboard too! i’m doing my part 🥵🗣🚀🔥🔥🔥 thanks everyone hodl hard!!!
i begin my adventure with you all today. i am a proud multi million shiba coin owner as of 2 hours previous to this post. lets go my new fam!
plus: the community burned 1b tokens from their own wallets in just 12 hours.
honestly i’m so happy to be a part of a community like this. i just got into crypto and shib was the first one i invested money into just for the hell of it. since then i’ve been exposed to nothing but positivity, growth, and good news within the shib community. i’m a proud owner of about 11 million shib and have no plans of selling in the foreseeable future. i don’t mind the dips, at the end of the day i’m just glad i finally committed to investing in crypto and that shib was my foot in the door. thank you everyone for all the continued encouragement and positivity. let’s keep it going and growing to the moon! 🌙
i picked up another 500mill today only because ryoshi and vb showed that they are listening and they want this to succeed. i really hope we can move away from the negativity now. and for those who still do not get it. vb was never the enemy, he has been in on the development of shib since day 1. this is also his baby and when we mere mortals try to 2nd guess his alien intelligence strategy... we just look silly. i believe in him. i'm in for the long run.
what we all have in common is the same end goal shared amongst everyone in the community. that is the success of this coin. we all will hodl and wait.
this commumity reminds me a lot of wallstreet bets when they took gme 🚀, love you shibfam 🔥
shiba needs more press. needs to be on the news. the whole vb story with what he did with his gifted coins is pretty awesome and makes a great story but the donation to india would not mean much unless shiba goes up. need some celebrities and news stations to start talking about it. any ideas??
100% and i bet the community is happy to have you. we're all in this together 🚀
new here and diggin the vibes
morale boosted. wonderful, moving post! 🤘🤘
amen to that! it’s been a wild ride so far! thanks for all you hodlers out there!! god bless!
honestly only reason i'm holding is because i believe in this community. its refreshing to see the positive posting and im interested to see where it goes.
this is great to hear. the prospect of growing money is obviously exciting, but to come together as a community and to share positive, forward thinking ideals is perhaps the greatest part of it all! happy monday, everybody!
i agree. best community ever 😊
i'm glad to see this sub has turned into a proper platform to share information! keep holding diamond hands!
and while i'm here can i just thank everybody who has made an anonymous effort to be gender-inclusive in this sub? really nice to see people take half a second to make shibgirls feel included since we're here and not going anywhere anyway. thanks y'all 👌🏿💛💎
we love you tooo brother :)
this is going on a tweet. it just needs to be said and you’ve said it as so well.
can we help 🇹🇴 tonga
v buterin just burned 410.241 trillion shiba coins! into a dead wallet. effectly removing almost half the market cap in one fell swoop." just days after donating 1.5 billion of shib the indian covid-crypto relief fun. buterin sent 410,241,996,771,871.894771826174755464 coins to a dead wallet address, which effectively destroys them. the now-destroyed coins account for a whopping 41% of the total shib in circulation." buterin wrote “i’ve decided to burn 90% of the remaining shiba tokens in my wallet. the remaining 10% will be sent to a (not yet decided) charity with similar values to cryptorelief (preventing the large-scale loss of life) but with more long-term orientation. covid is a big problem now, but it’s important to think about the longer-term future too!” he wrote. “simply holding the remaining coins in the 0xab58 wallet forever was never an option; for security reasons alone they would have to be moved to a better wallet eventually, and any transaction i make would get interpreted as an action. so… may as well do the useful thing immediately. “i’ve actually been impressed by how the dog token communities have treated the recent donation! plenty of dog people have shown their generosity and their willingness to not just focus on their own profits but also be interested in making the world as a whole better. i support all who are earnestly doing that. “but for anyone making coins (or daos, or whatever else) in the future, please do not give me coins or power in your project without my consent! i don’t \*want\* to be a locus of power of that kind. better to just print the coins into the hands of a worthy charity directly (though do talk to them first).”
im brand new to crypto, been watching for a coin to get in early and shib won the love! this investment will hopefully one day help me break ground on a animal rescue for at risk behavior animals!! 🚀🚀🚀🚀🚀🚀🚀🐶🐶🐶🐶🐶🐶🐶
let’s not forget this community shot down the “upvote me of you hold x amount” posts that were super annoying and you see everywhere else
this is very heartwarming, bringing hope to the shibarmy!
i am so proud and honored to be a part of something so big a global f you to the man! grandma loves you all my darlings
bought it the day it got listed on [crypto.com]( a day after the big 1000% rise, witnessed more than half of my investment thisappearing but remembered: its a long time investment. i remember my friend's words when he told me to invest in crypto: it is not for the light hearted. only do it, if you willing to watch your money sometimes dipping so hard you get scared and wanna sell. but just hold. it always goes up in the 1m 3m statistics.
this community is a community of focus, commitment and sheer fucking will.
i did not do shit
it was two weeks ago, during one of my daily walk, my friend told me how he made money out of some crypto money. i had no idea about what she was talking about. despite the light rain that was pouring on the path accompanied by the woods, we kept walking. the more we walked, the more i learned something about cryptos. a few days later, i was ready to buy my first crypto money. i knew the rules and i was going to invest something **i could not afford to lose** and that is what happened to me. my friend who told me to be extremely careful while doing purchases had warned me about the price of shiba that was going to dip once it is included in binance market. i invested two hudred bucks when the market opened. i assumed the price would rise. it's been sad for me these recent days because the price was 4400 when i performed the transaction. i have seen many people talking about shiba and how we have all been deceived. i have never lost my hope. despite the general fall in this market where paper hands and whales tend to be destructive - they have right to leave whenever they want, i know - i have kept fighting on behalf of the shibarmy. after the burnt of the token, i know things will change. it's quite promising. i can smile right now. and i look forward to seeing those white clouds floating far far away arrive here in pour rain so that i can walk again without pressure and stress. i'm so proud of being a part of this huge family. i hope we can go far far away all together! thank you reddit, for enabling me to share my opinions. i feel way too lighter right now.
this is a fun coin to follow and be a part of
we r alljust a bunch of humble 🙉 with💎🙌
great post! without this community i would’ve probably gotten paper hands at .012, but the commitment, energy and positive vibes in this sub have me really invested in this coin.
2.55mil shib so far, let us keep holding boys!!!
yes, i haven’t touched my shiba, i only invest what i’m willing to lose, so until lambo i will not touch it, if anything i’ll put more in bit by not.
half a cent please
in glad to be a part of this c: 🚀
i love you guys!
hoo hoo hoo hoo 🦉 (fist pump in celebration)
shibarmy is great community, let us together, hold shib coin!
i am proud to be part of this moment in history. story of legends. story to share our grandkids while having brunch on our yatch.
one love!! !!! :)
i like this united and strong community!
totally true! just recently joined and i'm proud to be part of this community.
and someone of the best communication between the various channels. i've found the transparent nature very impressive and something some of the bigger and more well known projects should adopt
i went to 10x with this coin, then back down to 2x, where i comfortably sit right now.
when i read about the burn hope returned to my heart! you guys rock.
that’s how we play 🙌💎
i would have given you awards if i had them
amazing post brother:)great community, i love it too:)
and you forgot to mention. the community of upvotes. they love everything is an upvote! it rocks!!!
thank you 🌹❤️💪💎🙌... that is the power that we have as a family!!
the best post 🥰
totally right! yes please crushed the dogekiller slogan, it is not healthy now
i am in love with the community that is getting bigger day by day!!
i cant believe it myself, when i joined there was about 10k-11k users, just feels bizarre
but... all i did was hodl.
i love you guys. shib army 💪🏼
shib army am not playing! 🚀🚀🚀
holding 15 million. to the 🌝🌝🌝🌝🌝🌝
believe one day we’ll be able to purchase goods for crypto 👍 luv shibas 😉
shib family, y'all are terrific! cant wait to see where this coin goes. 🐶🚀
shiba inu the people’s dog.
look at us. we're r...^^
your title made me expect some drama
great humanitarian effort by the community. keep it up.
dont want to be sentimental or anythin, but am so glad i am part of it :d
i agree wholeheartedly love to see it
the is the best community in crypto
the moon we go 👽 🖖🏽
after literally putting my life savings into this coin to hear somebody come along and say something positive and reward all you guys for your good work on here much appreciated!!
i’ve been following crypto for so many years and was never in the position to be the one to invest or just was too lazy to put the work in to make it happen and i’ve missed out on so many opportunities and i recently heard about shib and i decided i wasn’t going to miss out on this one and i’ve been telling anyone who would listen to me about shib the past few days and i realized i should look on reddit and i’ve found this community and i feel like i’m home i love you all thank you for being here with me on this ride. to the moon 🚀
amen, it is almost a guide book for how to produce a successful coin.
once shibaswap comes out shiba is going to the moon!!
i bought in at the peak , then bought another 30 million as the prices dropped this past week ! with my family we've got 100mil we're committed to this moment ! someone start a petition to vote shiba inu as the official animal of the moon!! 🐕‍🦺🌕
everything you have stated was every reason i too am now a shibarmy newbie . excited to be apart of something that is so great.🚀🛸🌠🌙 too the moon ...
fuck your comment is so cute, i wanna marry you.
we chased away the idiots that keep putting shiba down. hurray us!!!
yup. still buying. love this little coin. 💎🤚
why is this post not on the top? just like shib will be soon. 🚀🌝
yep down a third still hodl my 37 mill strong
remindme! 360 days [ burn 5% on may 16th, 2022... in honor]
what do you mean "you people"? -don cherry -probably
shiba to the moon guys!!!!!!
gonna make me cry :(
i hope with the bottom of my heart. for all of us, that our shiba token price stays where it is for the next 6 months to allow us to buy mooooore. then from 1.1.2022 we all go together to mars. before elon.
when you put it like that, yeah we are a great community. easy to focus on the negative nancy's, and even become one yourself. just glad we had a win, because we really needed it (or atleast i did :p)
aww, thank you! and here i thought we were complaining too much.
need to abandon the banner next
it would honestly be nice to see this pinned for like a day or two.
leash will make you rich 🤑 leash
i’m happy to be part of this
i am in! we are an army!
saw your title on my reddit notification when i opened my phone. i was expecting something else tbh 😂😂😂😂😂😂😂
shiba community is life🥰🥰🥰🥰
shib is no longer a meme coin, its a home coin <3
hey your welcome 😏
we cannot stop wont stop
to the moon 🌝 we are going
shiba inu unite ❤️ we are one 🍀
we are all in it together…
stellar job from vb, stellar job from the devs and even more stellar job from this community. promote, support each other, buy and hodl for the win!
it has been a very interesting watch. i wish i had bought in when i first had a hunch about it but i really ought not to let myself think like that. does more harm than good. it's been great seeing vb behaving with integrity beyond the donation and seeing the reassurance and effort the devs have been putting into securing the coins future. i'm here to stay.
i hope shiba goes to the moon! 🚀
all i can say ... whoever resembles gathers! 👦👦🚀
we all are going out o be rich just hodl
i believe in it from core of my heart. burned 10% from my wallet. and waiting for others to burn more of the coins and raise its value.
we the shibarmy must continue to buy, hodl, and grow!
damn man, got me about to cry, but very true.
i'll keep banging the drum on "patience" friends. we will have our day, just takes time.
well said everyone should be proud. for the og’s to the new members. we stick together. to the moon we go🚀🚀
proud to be one of shibarmy so legendary
we are changing the world, in a good way. proud to be part of it.
best community on reddit
beautiful post i love you and i love the shib army♥️
i got almost 30 million welcomes for you all day and sleep good at night
super community. i am impressed. i will be hodl all the way until final notice.
bought 1 million coins this morning for shits
let’s go shiba friends !!!! let’s smoke our coins to lambo and beyond
we will not waver, we will not tire, we will not falter and we will not fail. the shibarmy will prevail
hodl my friends buy more and burn more do your part!!! we will for sure climb this mountain see you all on the other side.
good post 👍👍 i like to send message to someone are writing shits about who was not agree with donation before the burn ...after donation shib was practically dead, although it was a noble cause, it was a strong blow to small investors, billions of tokens sinking the market ... that is why vb burned the tokens to balance the market , after get owr complaints and reaction , there are people who are writing shit now that we were complaining because donation. and no its not because donation , because the way ... normal, if it weren't for our complaints, nothing would burn, so thank the community , and stop writing shit . we are very grateful that vb listened and understood our complaints.🎩
don’t be against doge, be with them!
this really is an outstanding community and i'm glad to be part of this shibolution :d!
shiba to the moonnnnnn!!!!!!!!
let’s do this motherfuckers!
i do not mean to sound negative, i'm more just curious being relatively new to crypto. where is this value that has supposedly been forced into the coin? so far i see no difference at all as a result of vb burning his tokens?
it's an honor and a pleasure
happy to be here. happy to be a very good shib boi
i love this gang
125,00,000 here!!!! let’s go!!!!!
ive been on the wild ride since may 9th hours before the spike to the 30's. hodling and buying more since news of vb, eventually it will find its way to msm. 🤞 another thing worth noting, once shib hit the 30's, it means it can get there again (and higher)! have no fear my shibs! 🚀 enjoy the community and the great ride and wouldn't trade it for the world. here till the end.
we need a shiba convention. las vegas???
hell yeah woofers! keep it up doggos!
this is the first and only meme coin i have and will be part of. i just got a feeling of hope when i put a small ... i was still skeptical at that point... but the strength people have shown deserves to be rewarded. i hope this project take people away from the ground and elevates them to build a new life, business, love or whatever they want. hodling like never before!
i got 5m made a friend get 7m. let’s moon 🌝!
faith is in the new wraith!! 😂
party on the moon soon comrades 🚀
think i might buy on this dip...again
the generosity is out of this world! burned more than ! gave ! vb is setting an example of how the shibarmy should act and grow!
the shib believes in what humanity could be if we only invested in one another.
your welcome 47 mil
couldn't have been more proud of this community as well guys, we are all in this together to the moon and beyond! continue to keep the meme alive! defi for life
i love this community. even if we don't make money for the next 8 years. i will hodl for this coin. the shibarmy really believe we all will moon one day soon or later. let's hope soon.
i just bought 7,000,000 more coins🤷‍♂️ i'm in it for the long haul.
gonna need some shibstrong rubber bracelets after all this
almost 30 mil in shib
love and respect to all my shib family
hold boysss!!!! til valhalla
our coin may not be worth anything but this community will live on!
i wear my shiba suit like a viking bezerker bear skin. proud to be part of the army and ready to lead the army with my ax. yours truly, shiba viking
for our people ✋🏼💎
i’m still hodling 🏄‍♂️
!! i luv this dog!! cannot burn any tokens--- but i can burn my ratty hiking underwear i hiked in zions with!! go go
::continues to hold his valueless 2 gazillion shib::
this has absolutely been a monumental team effort! i am extremely proud to be a shib hodler and part of this community.
acceptance of ! dogs fight. but they usually get along later. this is the way. to bring peace to some. good job keep it going.
it's not just for the money. we are like this in real life too! ❤
i only have 32 million but god am i glad to be a part of this
glory to you, fellow shib! such a pleasant read. thank you for the time you put into posting this
the people’s crypto shib ! 🚀💎🙌🚀💎🙌🚀💎
power to the people 📣
i see many people saying how they are going to spend shiba... on lambos houses skates... take care what you have today... shiba is going up but slowly... can you wait 1,2 years holding??
your welcome glad to help.
instead of selling my coins i bought 8 million more during the dip... holding... hoping it changes our lives...
this kind of post really makes me excited for the future! your all amazing!
ok but can we talk about the mess in the telegram chat? it's so hard to keep up with all the spam 😫...i want to keep informed & holding to ♾🙌
new soldier here joining the army... just picked me up 200mil shibs. holdin till retirement 👆
who let the dogs out????🚀🚀🚀🚀
agreed! i only joined this community after the big pump and dump weekend to seek some clarity and confidence in my hodlins when everything seemed stacked against us. the community here strengthened my confidence in the coin and helped keep my hands diamond. cheers everyone and i’ll catch ya on the moon soon 📈🚀
found this coin just before the binance announcement and got myself out of debt! sold at .00003 and bought more before vitalik burned... im so stoked!
i just bought 1 billion
shib is making a move right now!!!!!! i am buying it every week, up or down and i am keeping mine... be 💪💪💪💪💪💪💪💪 keep up the good attitude, keep hodl 😃
i love this community ❤️❤️🙏🏾!
been here since 9k members and it’s grown like crazy
shiba time ... 🚀 🚀 to the 🌙
the force is strong with this one 💪🙏🏼🚀
shib army has done more good than any other military 👍👍👍👍🐶🐶💰
as goofy as memetokens and the associated communities can be, this coin has a high-profile opportunity to be the representative of "objective good" in crypto. charity. equality. and most, of all, fun. we have seen that perception.
life good. shib good. people good. group good. stay good... treats good.
found myself battling the negativity for the past couple of months on all social media outlets. gave numbers, stats, analysis... i’ve never done this much research on anything before. shib thought me so much, i will forever be grateful just for that. i actually proved to myself that this project is just insanely amazing!
a decentralized community is kinda a new concept even if reddit it that in a nutshell. we're in this together but apart. what a lucky time to be alive: if you do not want to be alone you do not have to be anywhere you are.
this is why dogecoin became so big because in the beginning we wouldnt stop we wanted it so bad we would fight for it, same energy is here i can feel the energy through my phone. we are a family now. we are one. we are mighty.
didn't think i would say this, but this community is actually good. i came for speculation, will stay for community. we should burn more of our tokens for sure. all the best k
i've got at least 5 people to buy shiba lol juat shilling and posting graphs lol
you forgot one huge thing... we rallied around the **vburntheshib** asking him to burn even a fraction, thousands of people involved, and within 2 days of that campaign starting vb burnt 90% of his shib. that is the power of this community.
excellent post. you’re a part of the reason that the community is great.
im here for this <3
shiba to the moon 🔥🚀🚀🚀🚀
i’m new to this but coming in this community and being educated and learning the term “diamond hands” i knew that this was gonna be a crazy ride but one i was willing to take with you all. hope to learn a lot more from the community and to keep these hands diamonds.!!!!!
this post was so good i think i’m gonna buy more 🤩
seriously, never saw a community like this. it's simply amazing! i'm even proud to say, shibu is the only currency i invested a lot. (maybe not as much as many of you, i only have 10 million)
i actually do have high hopes and do believe in this coin. this can be great... time will tell
shiba goes to heaven because that is where all dogs go.
proud owner of 14,000,000 shib’s holding long term
i never loved strangers more!
this post needs to make front page of reddit!!!! everyone give awards! pump op with awards... front page publicity!!!
i did my part almost 300 millions shib... stay strong.
1.000.000.000.thats crazy but i hold !!
i no idea wtf i’m doing to be honest. week 4 . now in crypto... i dumped dogecoin and signs up last sunday i thought the website had better direct even tho space was backing dogecoin i think we the people . i have nothing to lose at this point in my life , nothing ventured nothing gained
i was giving hints on shib token and am glad i did invest and with my friends and family...
goodday to shibarmy, it is not your fault that you born poor but its a very big fault of yours' to die poor. the is the of poors.
yeah not going to lie, you guys changed over night, great step forward for the shiba community!
all crypto is at dip and shiba is a 0,000017. this is just awesome
let’s hope we can all get shiba to a penny for india! stay strong boys! my heart goes out to all the people effected by covid in india 💜
let's do it guys let us change our future
167000000 so far! 🐶❤
glad to be here. made my 1st reddit account to join .120 mill and hodling. god bless india , the shibarmy and the future.
shib is the way
and i have 300 million
i believe in this community and a lot of people feel the same, and who knows, it could all come down around us, but a strong foundation and hard work gives everyone hope, hope is the strongest feeling in the world, and well right now the world is a little low on hope, and if we as a community can create some hope for people who need it, is not that the purpose of bitcoin? so if the shib army can do that, why not or am i crazy?
25.5 million here and counting. buy. the. dips.
the odds are better than a scratcher. just bought another 7mil. shut the fuck up and take my money!
sitting on around 54m atm. will buy dips.
18.5 mill here and hodl
10 mill 💎💎 🧤
very observant post. good stuff
going to a great cause. sky rocket this price
8m and accumulating. what an amazing community this is
bruh 5 years from now we'll pop that fizz. to us! ✨
this week i got four people who invest minimum -.com that were absolutely new to crypto.shiba rocks 💰💰💰🚀🚀
if vb burned 45% of his stake, how much is in circulation now?
u, but gfy! i lost >55% of my crypto holdings in one day by fomoing into this shitcoin. my own fault, i know, but to try and dress the situation up with a post like this is a visceral slap in the face.
>-taken it upon yourselves to continue buying hundreds of thousands worth of memecoin to support india's covid relief even while prices plummeted why am i buying this scam coin? yeah tooootally to be charitable in a very roundabout way, not at all to try to become rich overnight.
except the first one, all the other points are bs
tf does a crypto coin have to do with racism? this coin failed lol it is over and this sub is useless. this coin is not doing shit for india and who cares if it was when it is at the expense of people here who invested money? we did not buy crypto for charity we wanted to make profit because we need money too it is not like everyone is rich. we got screwed over and you are all bending over thanking the dude who sold to india like tf? i am pissed off i lost lots of money
shiba army will conquer the world. i bought little more today, total 60 million shiba i got. hodl !!
no thank you 🙏👏👏🚀🚀🚀🚀🚀
shibaarmy forever we need similar outreach on twitter for more popular people to reach us out can we do it? is anyone very popular on twitter.
can someone tell me how much percentage should it increase to reach 1cent.?
does shiba have a transactional use anywhere? if not, how do we influence the development of that?
how do you bury your tokens for bones when shibaswap comes out?
that's great and all, but when will the covid relief be over with, so we can actually realize some gains, instead of seeing a flat line? it's like every gain made, is being leached off, regardless of good news or consumer sentiment. being charitable is wonderful, and all that feel good jazz, but, we have to get paid as well. most of us did not give any form of consent, for the donation to happen in the first place, but we sucked it up, for the most part, but i do not think it is unfair to find out when our forced generosity will come to an end, so we can start recovering our losses.
😅untill the donation moons and india turns into a hostile nuclear superpower. meanwhile we pollute the environment with shib themed lambo’s.,...jk 🚀 🚀 🚀❤️
you have no idea, some people lost their money, i joined shiba when it was 34, now it is 16, there are many like that. i bet you had lots of profit and now you act patient... it is good to help others, but you hurt all the new people who joined shiba last week...you only lost many future investors because again you do not realize that we like to help others but you did not do wisely... you profited a lot and now you loose you don’t care...you do not understand that some people only got loss...
yes but shib dev doesn’t act fair. the token burn didn’t happen. the volume now it’s 10 times higher!!
i used some internet images to create shiba nurse graphic to celebrate the occasion. check it out at like it to promote the shiba community spirit to the guys over at latoken!
my 👀 are on that new bronco 🐎
41 % of shiba inu getting burned that is half the supply
we welcome, all welcome.
what can you burn? anything including shiba why do you burn it? to increase speed how? you can use combustion engine what if you are in outer space, how can you burn it? bring oxygen tank with you or use fuel cells. what is the point of this post? shiba.
hold for life to the top we go! 💰💰🚀🚀
good morning have some one see this news? is true? burns 4010 trillion shiba](
can we go up now
go to the hell for the charity of burning coin... it doesn' t make sense the reason... no news who acxept that token...
shiba gonna make me rich bitch
we need major institutions and companies buying into shiba inu coin. we need a public figure. we also need to push the coin to the top 10 as well if we wanna make it to .01
why the market keeps falling down? :(
seeing all this reddit growth but hardly any price growth, what's going on y'all? we going to the moon or nah?
all shib holders want is someone to pump their bags. if everyone wants to sell to be wealthy. then who pays for it? lol. the shib money was made 2 weeks before it came to exchanges and we all sold the top to you... please be smart.
hey guys, i’ve been trying to buy shib but trust walet shows . that’s more than how much i was gonna buy. need help
\>taken it upon yourselves to continue buying hundreds of thousands worth of memecoin to support india's covid relief even while prices plummeted someone explain this one to me please?
oh fo sho bro!
if anyone needs help buying... i use crypto and so far so good... use my referral link to sign up for crypto.com and we both get :)
you think people are buying shib to support india? lmfao get real man
when will shiba swap come out? i’m little worried guys.
i believe in the coin, but i do not know about making up for the vb loss. i will keep some skin in the game but i am investing my profits into . better gains and it is brand new. i recommend all of the throw some profits in to diversify your portfolios. get some nice gains while we wait for shibaswap to come online. need to get into it before the youtubers start pumping it and it cost more to get in.
big things are coming. ain’t nobody scared of vb and elon 👊
which whale tryna pay my car payment?
feels a lot like the k-pop army
but sad i got banned from the group thiscord for asking a question
if anyone can he’ll me get back i actually helped the group
how do you burn tokens?
did you guy watch it go up 38% then it went down. i think shiba is doing a test.
we just need to hold the stock. selling it off justake it harder to go up i think. i am going to hold my stock for years.
you didn’t mention all the weak ass pouting and bitching that went along with the whole thing haha
wooooooo!!!! this is only 75% about the money. the other 25% is about the community. at least that is how i feel. even if it takes years i'm proud to be a lieutenant in the shibarmy 💎🤙
shiba inu to the !
can somebody make a good meme that sums this all up?
smib! may you ever dwell in the light of the eternal! cro maat!!
shiba to the moon! we’re holding❤️🐕
anyone got any predictions.00013 dip will happen?
but i think it will still go to 0...i just do not see the value in shibcoin...or can someone care to educate me?
couldn’t agree more, and looking forward to the next donation by vb!!
will the devs start burning more coins? the likely hood of this hitting one cent is impossible without burning 99% of the coins in circulation. i’m just curious.
my only regret is that i have throw some money on safemoon and elongate instead of going all in ok shiba. shiba has a seriuos project behind and it is worth investing even given the high risk involved
69 million here and buying more
i keep buying small amounts because frankly this is a great community.
except the fact that vitalik fucked people
get in fast!!! 🚀
shiba is a revolutionary coin but for many people it’s too late to buy in for substantial gains... i’m buying in the meantime. better gains and the coin is brand new! it’s still super early for people to secure a spot and see their money grow just like people did in shiba. they have several youtube promoters that are going to be releasing videos in the next few days and the market is predicted to shoot up after this decline by next week. get in now before it’s too late!
hi i do not think we will loose. it went 50% down last time. but we are stable now.
700,000 mil and holding!!!
42,000,000 blaze it boys
2 billion here until the end...
117,852,216.74 tokens, and time to hunker down and hodl!
forever losing money lmao
haha he’s right though 😭😭😭😭
jeffrey epstein did not kill himself
i've got 1,5bill at .245. i'm holding with you untill this gets to 1c. 😉
yikes... good luck... hope we can make it 🙏
youre a god of gods
you will be rich 💎🐶💯🚀
i come from a very poor family, just this morning my mom spent the first half of the day crying because she went to the dentist and found out she needs work that she cant afford, and i feel terrible because they already paid for my dental work at the beginning of the year which is why she cant afford hers, so my parents just had to come home and have a silent and sad morning together, stressing about being poor, and suffering for it. it fucking sucks. i have a diversified portfolio, and i'm working as much as i can so i'm definitely not solely relying on shib, but success in this coin could help me get her health care taken care of because that is the first thing i'd do, and the second thing i'd do is buy more shib to give back to the community. i think this coin is the poormans coin and i think that is why we all connect on such a deep level. tired of being manipulated and losing over honest and hard work, and ready to be the ones in control. for once. to take care of our families that have been poor for generations. that's why this shits revolutionary. ive never seen a token like this before and have the same effect this one has before. this is life altering, world changing shit we're dabbling in, and im so here for it. im always going to be here for it.
wow. thats pretty crazy. we're only going up. this sideways trading thats been going on is building the strongest support seen in crypto. thats the launch pad. the only way to go is up. we made sure of it.
damn, i thought i was doing great with 288 mil. i'm coming up to join you in the billions
hang tight, bro. we’re gradually going to pick back up
fucking hell. that is... that's just balls.
i am sad right now... i just saw shib go down to 0.000009s still holding.
it will work out ok!
yeah i wouldn't rely on some meme of a crypto currency, you are making a huge mistake 24k? this coin is only dropping in recent days lol its only like 1. i wouldn't invest anything you're not prepared to lose and comfortable losing. when it was skyrocketing that is a different story but it is far from skyrocketing right now.
shiba is going to the moon when shibaswap comes out it might take a few months but it will
this. im pulling up in either a '63 or a '64 impala. no hydraulics. straight muscle.
i just want a anything that has 4wheels
they're holding my '69 gto for me
my dad bought me a charger for my first car. i was elated when he woke me up on a saturday morning and said “let’s go!”. i called all my friends and gloated. we got there and it was an 86’ hatchback. (basically a chevy citation) my friends weren’t impressed and they chose to have brett drive them around instead in his moms dynasty (da-nasty)
already spending money you do not have!!! hold. hold. calm down
it's a souped up camper van for me. 🚐
i'll join you in my 66 mustang :] already have it running just need money for paint and interior :]]]]
gotta love the cars of my youth--charger, coronet, torino, stang-fastback, gto, valiant, nova
stay shibby my shiba... i hit it at .29... kept doubling on them dipps... i missed the 12!!! but its all shibby... don't chase the pennies. i just need to make 1 million dollars 1 time and i will never stop building and cultivating the change i want to see. stay shibby my shiba. the hold will be gold! shibby!!!
i gonna burn 1 mil of my shibas in your name, and shiba gods name, 💎🙌
meme coins run on memes, hold the shib, love the shib diamond hands 💎🙌 💎🙌 to the mooooooon!!! 🚀🚀🚀🌕
i think so much of crypto is about hype, coordinated effort and community. there are coins that ban folks (in the reddit twitter space) for asking questions. this group seems hopeful and forward thinking. more tutorials during this phase to help newbies get on board will be great. folks that have fast routes to buying , inclusive of short sign up process to get a wallet or buy ethereum are super helpful.
yesssirrr it really changes my perspective of people, we are really coming to together to decentralize the system and help out the world😢i love to see it
"if you get all of us together, we am not got a gang, we've got an army." i wanna join the ranks. guess you have a new recruit!
i do not know anyone who invests with humanity on the top of the list were all here for profits if helps people along the way great but i'm not willing to sacrifice any significant profit someone else's charity
friendly? idk ' yesterday was all about fucking buterin and he got butchered on this subreddit
- with all the new people asking how to buy . :)
can we bring that date forward to 2025 please? much appreciated if you can. lol
the shib crew going together sounds super fire. like a convention in of shib holders 🤩
lambos are for raptards, have some taste, get a porsche 911.
the shib community didnt help india. vitalik did. the reason he burned the rest of his tokens was becaused the community didnt sell off after that and from what he seen people were supporting his decision. i seen the contrary but perhaps he tallied things up. all in all, i am glad to see meme coins surviving. the idea is great really. think about it, why do societies accept fiat? because they believe it has value. sure it may have some huge central bank backing it but at the drop of a hat more can be printed and the numbers behind it all can be easily manipulated. this is why crypto is taking off.
they made a pinned post edited from a month ago explaining the war idea that has expired and that they would change it may 17th
right? i went over to the doge sub and not one bit of ill spoken word to the shibarmy. it needs to be changed.
hopefully we'll be waving at you from the other side of central park!
if it hits .10 i will buy land to breed shibas and gift one to each and every one of you here. 🤣 seriously.
we salute you!... i got my friend,younger brother, and co-worker in as well... spreading awareness-shib at a time. 🚀💎🙌🏼
this exactly i could not have said it better myself. same here, first time in crypto and i am so happy shiba was my first and hopefully not my last. :). i currently am at 25 million shib and have no plans to do away with any of it. i put in what i am willing to lose plain and simple. this community is great for us newbies, i still have so many questions. one day i will feel educated enough to be able to articulate them accurately. love this place!
if thats true about vb and shib being his baby, why did he say he never asked for the tokens and that devs should have asked first?
money has no gender, just spender, glad to be a part of this with you.
you deserve it 💛💛💛 i hodl for u
not to fear, it will hit .0001 soon.
i bought it on crypto.com as well right before that big spike on the night of may 9th. so you just were late.
fuck the lamb... thats some simpin rag to riches bs... make your money work for you for the rest of your life. thats the lambo i want to ride. security, legacy, power, influence, change, growth. empower yourself with the money, not another company bottom line. purpose is prosperous, vanity is insanity. we are winning through purpose, pure driven purpose through community and power of will... be better than the lamb shiba fam. get it, your choice, but... be more... stay shibby my shiba!
i be doing that to grab your attention sometimes 💛
yes this is the way
i know i be doing people dirty sometimes but a bvtch do like some suspense every now and again 😜✨
you're still so very early, do not worry 💎✨
shitcoins are the best they combine all the fun of gambling with all the heartbreak of crypto
and then another big thing also ... the **i burn with vb** movement where people burning their own shib. 986,161,549 community burnt shib so far
not as good as your momma *** ^i ^am ^a ^bot. ^downvote ^to ^remove. ^[pm]( ^me ^if ^there is ^anything ^for ^me ^to ^know!
you're my hero 💎💎💎💎💎💎💎
your contribution is just as valuable as the rest of ours 💛💎💛💎💛💎💛💎💛💎
i do enjoy a good gfy
the base for investing is do not invest more than you can afford to lose, nothing is purely green every single day. also crypto is volatile, new coins. i'm sure you've heard it before but do not look at whatever app you use to buy it a bunch. i personally just set some price alerts and wait for them to pop up. or check the price once and a while but not usually my wallet, it helps me not to worry at all!
only invest what you can lose, especially when considering crypto, especially when considering a memecoin, it was a rough lesson for me too
try crypto.com or uniswap instead 💎
wups, linked those backwards in my previous comment. i suggest following the [shiba inu coin creator]( and the [shib informer]( on twitter for updates
what was your question? 💛💎
anything with the word "safe" in it is not safe
i can dream... oh what a dream.
you mean. 700 billion?
i only have 15 million 😪
it’s a long term investment, give it time
the dog coins are interesting to day the least. we've got japanese dog coins, elon backed dog coins, 2 to 3 russian dog coins. anyone care to give a succinct story about these dog coins?
all welcome we shall
welcome to the jungle
where’s the dang yoda bot when you need him?!
he is alive and bought some shib 💎🐶💯🚀
i'll buy more at the next dip. it's not that easy to buy--getting nailed on the ethereum to buy in.
god bless you and bless your family, my friend. a man who takes care of his mother is a man who has won in life ! i hope this works out for your family's sake <3
i put , turned it into . i took , and moved it into shib. so if i lose it all, i still have . ' im here to help my family, so im gonna risk my gains. moon or bust!
i'm just tryna buy a razor scooter yknaameeen
do you not have a car now?
ain't that the truth.
hell yeah!! beautiful ride!
hallelujah my friend 💎💛
i would love to help the world 🌎and feed the hungry; but when lambo gonna come😁lol j... not really
sure, that’s what attracted me here too but everything else is just a bonus.
it's a work in progress
plenty of people weren’t mad at him at all simply because it was for an amazing cause
i saw mostly positive comments actually. are you sure you were reading this subreddit?
thing is, most of the negativity we see, werent from people thats a part of the shib community. i dont consider paperhands a part of us. most of the bs were from mfs that want to get rich quick. these were the same people that didnt agree with what vb did for india.
is a young community it will improved as qe see in this comments
let's make it 2023.
yeah i do prefer porsche is or ferraris.
vb burned the rest of his shib?
defo brit. there’s no spelling mistakes.
ooh that’s today🤗it’s the little things that keep me invested; updates, things to come, and of course the awesome
i hold both, i love the doge community. but i've been seeing awesome trends in this one too.
when he made the transaction, he released a pr statement. its all over the place. google it.
yeah, i know, ofc i bought because i saw the +1000%. but i am not worried at all, it’s just correction now and we will be back soon.
can you tell me what was the exact thing which caused it to skyrocket that much in a day?
fair enough but 🤔how about doing all those things but still get a lambo with a shiba logo wrap to drive around town😎👍shiby-shiby?!
u. i can see why you would say that, but i lost a lot. not sure why you are even on this sub with nothing in the pot.
i should not look at it, i had more than half a billion of shibs, i got panic and sold almost half of it...i try to keep the other half... i am sure it will recover but i do not know how...the supply is huge and people are afraid to buy more... there is nothing i can do, the whales can make big waves in the direction they swim...
i asked when shibswap was coming that was all and i told them i was upset one of the who i thought was an admin was telling people to sell and not confident and others were saying they sold ... so i was nervous and sold back then, i’m back in now but it was wrong ... it went up next day and that person was part of the team
10m here. just bought enough last night to bring me up from about 7.1m and change to an even 10m. i cannot do much more than that right now, but it is honest work.
me too. it's a decent amount if the coin sails. think of your story, you took 250 to 300 usd , decided to use your savings, maybe make yourself a bit poor for a month but if you get rich, you'll be proud of your instincts.
you must blaze it
before that, i need a staffi bulldog coin. favourite dogo. favourite coin.
do i really need to put the 0.0000 as well ? i think most people would understand. 🙃😋
thanks for the kind words. although i'm actually a 20something yr old woman 💎✨
not to piss in your cherrios but you know you've gotta pay taxes on that 33k right?
yeah well doge is dead now and the shib skyrocket is over so it is probably a bad idea
lol i want a really badass electric mtb
gonna tail whip the shit out of it too when i get it.
lmao 😂 underrated yknaameen ^^
that's what i'm saying and i'm not referring to you exactly but i have seen so many posts since vb donated to india about people saying how happy they are to be apart of that and if this project fails at least they helped along the way and so much other nonsense. it's like come on if that is the case then why invest just donate to a charity. cuz i'm here for the money and if i had to pick between helping india or this coin reaching a penny or even .001 sorry india ask bezos or gates or musk
that's me. money was not there before the donation so why crying about it? never understood it yesterday
3 months sound good to y’all?
imma gettin me a ford cortina with a moon surface wrap and original lambo badges...oh and a jag v8 thrown in for some grunt
he did burn about many billions worth of shib but he still has 750 million dollars worth of shib, enough to crash shiba 10 times over... he also pledged to donate it... for perspective, 7 million dollars dump drained the liquidity and crashed us last weeks
burned or locked waiting for us to make his value increase? 500 billion of volume increase meaning that now we would need the double of the money to arrive at 1. and the only gaining his him
i f'n love aussies 💗💎
yeah yeah... get the lam... but do more... all im saying is dont simp on rich vision culture... enjoy it, and do more... because you wont give a crap about the lamb when you ran through all that shib, and the lamb repair costs more than the lamb itself. a car is a car after the awe has washed away into complacent monotony. so enjoy the toy, but do more... for you... so you can get more lambo when the old one no shibby. stay shibby shiba!
i personally made it law in my life to never panic sell even if i had to stubbornly hold a stock for 2 years before i broke even - but besides that, i truly think shib is just getting started and you'll get your gains if you hodl what you have. i genuinely do.
that's awful, i'm so sorry you had that experience. i've never been a part of the thiscord but i do know this community is regularly trying to improve anybody with admin abilities, you did not deserve that. but the shib project manager does give regular updates on his twitter on the token and the swap project if you wanted to [follow him there](
hail the little people who may become big people. a few million paired with some decimal points sailing to the right = a happy outcome. new folks should know that it takes (today) about . part of the money goes into ethereum fees. ease of entry is the barrier. right now it is a pay to play scenario, expect to pay fees but get right at the table. used trust wallet, bought ether, added shiba inu to uniswap, tweaked slippage and voila here i am.
i currently hold 62 million plus. doing what i can.
10m here to. when prices went down today i just went straight in and got a bunch more. i find myself wanting to know more and more, plus i am actually excited about the exchange coming and bone.
got 23m here in the last 2 days. shooting for 100m over the weekend!
yes you do need to put in the .0000 because there is an obvious huge difference and this site, if anything, lives and dies on math.
oh gosh, didnt read the name. apologies :3
not to make you drink your own piss, but you only pay taxes when you convert crypto to usd. i went from doge, to usdt, to shib. and it falls under capital gains. my sister has been in the tax game for 22 years. ' that is why elon says you only lose if you sell... same with gains. you need to go from crypto to usd to trigger capital gains. overall, i have only put in 3500 usd into all my crpyto since feb 15th. ' i have not moved any into dollars. when i do that, that amount, minus my 3500 in starting crypto, will be calculated for capital gains.
i thought taxes were to be paid once he cashes out? he moved 24k so they are still invested not taxable yet...
it’s the irs here to collect !
we're gonna get you that fucking car you just hang in there soldier 💎💎💎
ayo let’s make it happen overnight i say 🚀😳
lets fuck today in the mouth!!!! yeah!!!
what seem impossible now it seems with in reach. 2030, i am convince that we will reach to the promised land 🤑🦍💪. 100% everyone lets have a great week.
i'd like to roll around in a huge zero gravity beach ball.
well that’s good news. i thought the market might react a little more pawsitvly. oh well.
the market reaction makes more sense in this context. everyone remember we are still the 27th largest cryptocurrency in the world according to coin market cap dot com
it's extremely unlikely that he has the key for if he was able to make or find this key, then blockchain is broken because someone could steal your money whenever they feel like it. as of today, this guarantees the tokens are gone, someone would have to crack the encryption used for erc20 to get control of that wallet address. they \_could\_ get lucky by brute force checking all (2\^256) possible private keys. but good luck :d
i second that. never give in to fear is thr number one advice to profits!
yes, i am always up to help, i made 31 grand on shib thus far and hope to make some more. i’m always up to help so i don’t know why that had happened
that's exactly what my initial process was. eth gas fees are extremely prohibitive. i later used the crypto app and got some more for zero fees because they have a 30-day grace period for new users.
why not just buy off crypto.com?
i wish we knew more about when the exchange will come. it should be interesting. hopefully it will be a major catalyst for the coin's success, but we'll just have to wait and see.
🤦🤦🤦 ok... 0.0000245 happy 😋😄
i'll happily drink it for correct information, tyvm. so now i know at the end of in sept. . i can transfer my profits into usdc without paying the man.
100% correct. you only pay on taxes when you swap from crypto to usd. but crypto to crypto etc... isnt a capital gains event.
i’m already here, where y’all at.
some will find that hard to swallow.
i'm already an old man but this would be good for my kids or grandkids to inherit my stack.
he still has enough to crash shiba many times over and we are int he middle of market "retracement"
yep, agree with this. the only way to do this is that hacker need all most powerful super computer around the world to try all possible private key plus trial again and again nearly same pi numbers. conclusion: not impossible but it really is impossible.
it says here, he burned it to a "dead wallet".
i was in with 1bill at .29... today i bought another 500mill at .15 the current dip does not change where it is going to end up. just concentrate on that. the long term plan should not change.
🤷‍♂️🤷‍♂️🤷‍♂️ shib is at binance... just go there.
isn't there a sign up time lag for [crypto.com]( just curious.
damn i'm so proud of yall still educating each other every chance you get 💛
yes let us get jeff bezos to put shiba inu to the moon ! with blue origin . his rocket company let us all tweet him 😬 he wants to beat elon musk so this is his chance... 😉😉
lambo meet around noon👌
lambo? i thought we were buying rolls royce
i hope you two meant those comments. and werent just giving ... lip service.
he only holds 5% of the coins though right? and he’s donating that 5%
binance is good if you are not in the usa. binance usa is the usa binance but it is hard to get signed up ...can take days.
any fees associated with binance? i had been reluctant to use it due to its absolutely terrible reviews.
no, not for me . was actually pretty quick
so if i take the gains and move it on my crypto app yo usdc i would not pay capital gains? trying to get a game plan together.
interesting take; 🤔team bezos let’s go!🚀
its waiting to be bought in the car sales showroombo.
one with your name on it, maybe not now but sometime in the future. hodl
richard mille cost a lambo 🥱😈
fuck i'm so glad to have woken up to these 3 comments
he said he will donate the entire 750 millions to charities but no time frame, so if shiba goes up again it will be an incentive for him to trigger a donation which would potentially crash shiba again
i cannot compare because it is the only one i've used. but as a beginner i worked it out and from what i believe the fees are not a problem 🤷‍♂️. and i'd do anything to avoid the slippage at pancake swap... that is the biggest ripoff ever.
you can have to pay capital gains whenever you turn crypto into usd. whenever you move any crypto into a bank account as usd, that is capital gains. ' also, tax evasion is a serious crime. dont get caught 10 years later for what you do today. hold for 1 year and 1 day and max capital gains is 20%.
enjoy your morning glory. \*ahem\*
i wouldn’t say 5% is enough to crash it though
750 million is more than enough to do so can it recover on the long term? possibly...
brb my sister is stuck in the dryer again
i'm up to 7k on a 700 investment
considering shipping all my doge into shib rn
one like and i’m putting 35k
❤️❤️❤️❤️❤️ !!!!!!! if we hit a penny i’ll have 70 million dollars and i’ll buy everybody who likes this a shiba inu vinyl wrap for a car of their choice. !!!!!!!!
i love you beautiful bastards, but i'm tired. take care of shib for me so i can wake up to .00006
if i become a shib millionaire i’m adopting a shiba and donating 10k to an animal rescue- anyone else have similar plans?
not gonna do anything with my shib until it is a "life changing number" for me.
i am out of money debating wether to sell wife to buy more.
its going to reach .0001 today, i have insider information lol. cousin works at big crypto analysis firm
its 4am and my body woke me up and told me to check shib for no reason... its destiny
if you really care for shib, you’ll buy some before you go to bed
gf broke my heart today. shib was there. thank you shib ❤️
it will kill 2 zeros by end of the year
i put in 80 bucks back in june, now its 580! i'm staying for the fucking long run, whos with me!!?
fuck it bought another 800 mil
chat moving so fast no one will see that i haven’t had sex in 3 years
how the fuck am i supposed to go to bed now?
people converting doge to shiba i just know it
im hodling from india! diamond hands bois and gals!
let’s get to .0001 by this weekend!!!
just bought 12.5m more, only just got into crypto a week ago 🚀🚀🚀 this shit more fun than watching gme ticker
5 likes and we hit 0.00008 today!!!
fuck no sleep tonite!
s.hould h.ave i.nvested b.igger a.mmounts
mother of god... 5k profit today
damn i regret not buying more
i sold all my doge for shiba 💎🐶
everyone put yo fucking life savings
nasa just called… pack your stuff
we are knocking a zero off tonight. the price is 50% off right now
so…. if i have like 6million lol is that good enough for now?
i’m making a million or nothing
don’t worry we are going to come back stronger like we always do! we never give up! we ain’t with paper hand bullshit! diamond hands till the fucking zeros fall off!!!!
the doge guys hate us
dev have suprises. wait and see 😎
if you feel like you need to sell, take a nap, and then look at it again. it’ll probably be even higher
i don’t even have a wife and i’m filing for divorce
is it gonna crush that zero today? this is so much fun.
0.01 or not, i am so happy that i got to be a part in this community. that alone is worth the investment. to the moon brothers and sisters.
push it to 000075 and i'll let my wife's bf spend the night
selling a kidney tomorrow to buy more fuck it
hookers and blow accept shiba now
i already ordered my lambo (yes seriously) i’m getting the plate ilyshib if it hits .005
holding 1.98 billion right now
sheesh im about to buy the next dip
anyone 100,000,000 or above?
shiba is really the people's coin, doge is elon's empire coin
me buying the 104,000,000 coins not realizing we gonna make history!
i need a zero gone in november and another one gone by the end of december 🚀🚀🚀
honestly if we all just invest. have faith in each other to not sell out we can all get rich together. seriously think about it like a community savings account with insane high gaining interest
i sold half of my shibs. a friend told me to fucking retard.
so fucking shibastic today 💎✊🏼
yesterday people said .00005 meant a dip and we only went up from there 🚀🚀🚀
be that guy. the one who took out a home loan, bought shib, lost his wife over it, became a millionaire, and moved to the bahamas.lol
about to hit .00007
they called us stupid, ignorant. they told us to sell and make off with a few pennies. we apes have grown smart. we will no longer fall for their tricks. we will shift the wealth back to the common man. we are shibaarmy
when shib hits .01 please limit yourself to 1 lambo. that way there will be enough lambos for everyone.
how do we lose another zero?
hodl the line you diamond hand mf!!! i fucking love you all!
don’t sell - or the rocket will run out of fuel - hodl!
just throw in a 10 before going to sleep
everyone... congratulations. please remember this is not the time to take profits. please hold longer
after we all become millionares, please, put down some of that fortune to do some good in the world. like dog shelters.
i just wana open up a shelter for street pets shit 🤣🤣🤣🤣🤞
coinbase fee is killing me inside
didn't need elon back then and we definitely don't need that scammer now.
1 "like" and putting another 200😬🚀🚀🥂🤟
500 up votes and ill blast £1000 on friday. just joking i do not beg for up votes 😅
bros we might eat a zero today
i have no money literally fuck all money and i put 100 euro in today i am literally ridiculously in debt if i can do it we all can let us fucking go turn on the turbo boosters and be good bois
i just sold my pc to have more money to buy shib
i kept saying the price is too high to get in now. said it at 34 and said it at 46. here we are at 69. fuck it- i bought
i bought & now have ! yeeeee!!!
and elon said he owns no shib only doge thats what he gets we dont need someone to hype our coin we hype it ourselves.
who's been holding since 5 0s or more??
if you buy shib instead of fast food you fat fux will lose weight perfect timing for when we have a yatch party
everyone show there butt holes
let us all watch the same pornhub video at the same time
put in 16k, now it’s 28k
it’s the goddamn shibalina wine mixer 🍷
i put 30k in earlier myself
just sold 100ada for more shiba
friendly reminder: dont feel pressured to invest so much that it will keep you up at night with worry. even a small investment counts. or if the time is not right for you financially, that is ok too.
just bought 13 mil shib
can you transfer coins from coinbase to coinbase pro?
holding for my life
people waiting for dips need to realize if you have faith in a coin, you know it is made money and will continue, you see it is path and you still sleeping you need to know time in the market is easier than timing the market
i wish there was a physical place like nyse where we could gather and get hype af
boys i’m kinda new to shiba and went all in, all of my crypto’s balance into now i got 21 m of shib pray for me
i’m going to sleep. remember, you ain’t gonna make money if you don’t hold and pussy out from second guessing. good night y’all and see y’all on mars soon
kids invest on rental properties and hire a management company to run it for you. then you can buy whatever toys you want . invest on long term stocks. retain a lawyer and an accountant . now you have your own corporation. welcome home shib millionaires!
guys, do not buy and sell according to some random comments on reddit. set clear goals and sell. invest only what you can afford.
you know, i'm no millionaire, but this is easily one of the best days of my life :)
ain't no lie baby buy buy buy
all the real investors in here... stop listening to some of these comments. there are trolls and donkeys here trying to divide. buy, hold... go back to your life. support doge, support shib. this "doge is dead" shit is division and those yapping this nonsense are trolls.
anyone here holding a small amount? im holding 10.5 million
lift off has occurred. on todays flight to the moon we will be serving a selection of sodas and zeros for snacks. we eaten
wishing everyone here massive gains and success. to the moon lads and ladies. to the fuckin moon 🚀🚀🚀🚀🚀🚀🚀
this is a massive pump, please be careful buying the high right now, there could be a dump coming
respect eachother and enjoy this movement ❤️
i know my rookie numbers are nothing compared to yall but i'm officially over 1 million shib
if i sell now i can quit my job, if i hold i can fire my bosses when i buy the lot 🤣
should i invest 500$?
i love when they wake up. now us americans need to keep it up when we wake up again
worth selling my doge for shib?
sold my wife, her bf, his mom, and their lab for more shib
hold the fuckin line lads
keep buying ! so many doubters will be proven wrong ! remember what they said about doge?! now look at doge….
every in the chat buy 10
don’t forget to sell your neighbors shit for more shib
brothers, lets all throw in
don’t worry you beautiful mofos, if you go to bed we will take care of shib for you, be prepared for .00006 tomorrow! shibarmy hodl strong
we can definitely lose a zero by end of week
bout to throw in another ? lol
student loans paid off 😎
bro these paper hands need to chill
i am a new shib holder, got 10 million shib but holding proudly
jerking off to pornhub rn while watching shib moon
and freedom to all 🌍
selling doge to ride the wave. this will give more returns
we don’t need elon. we have each other
i’m in the business of making money doesn’t matter what dog is involved doge or shiba 😂
i’m here to let you know i’m almost bout to cum
we go up up up 🔥🔥🔥🔥🔥🔥🚀🚀🚀🚀🚀🚀
anyone else get hard watching their money go up and down??
by the way chat, you guys are the best, i love the low-toxicity levels in here. shows what a great community we are :)
i want to buy some just so i can be a part of this community and hodl
im sitting on 70,504,000 shibs🚀🚀🚀🚀🚀🚀🚀
only 2m but i'm still holding
public message: dear friends. i know you love our community, i do too. please be sensible - buy if you can afford "casino silly money", but hodl what little you got if you have them. please do not buy with rent money. remember - roof over your head comes first!
i have 'm ethereum. and i'm getting tempted to move it over
can’t afford to buy more though, even if it dips, i got bills and stuff
every single guy and girl in here, is going to remember this a year from now and ahead. you will speak of this to your grandchildren, the day when you took back control of your own future, and showed the "man" and the rich few - that we the people - are the real ones, the ones who build everything.
what a fantastic chat , full of emotions love you all
why did my son just buy 23,000 worth of this 🤦‍♂️
just bought another 100,000,000!! buy and hodl!! 🚀🚀🌚🌝
okay can we stop with the volatile talk ? all crypto is volatile period !! don’t spend what you will miss ! it’s a long haul
buying shib like a white girl buying starbucks🥵
i only got 5mil shib. gonna take some cb classes tonight and put them all in shib. then friday ’ll be set
its only slightly dipping bcuz nobody can buy lmao
why break when we were ramping up so fast
i think there is a big wave incoming
we have over taken doge coin, we have a larger market cap than deutsche bank, we are on twitter
i converted all of my shit coins i earned from learning about crypto into shiba yesterday 💪🏻
bro when this shit hits retire early level money i’ll purposely shit my pants and replace them with kashmir pants
🥲 so fucking proud of the diamond hands me being one of them !!! i ain’t selling shit riding this till them end please don’t sell keep the training going
idc about the lambo i just want a harley lmao, the itch to sell is there but we gotta hold
are we eating a zero today!?
tbh i wanna sell and be the new papa johns pizza meme. “this mf sold his shib to buy 3 shaqaroni pizzas, he could’ve had 10mil”
i believe in shib
i took a shit on my neighbors tesla, came home, bought some shib
biden punching the air rn knowing all these peasants gonna be millionaires soon
we losing a 0 tonight… hodl
if this hits .1 or higher i’m getting that tattoo
one more zero and im buying a monocle 🧐
i'll probably shove another 30k in shiba in the morning when i get up
this isn’t peak. the crypto just started to become mainstream
i'm literally drinking white claw in my room smoking a blunt and watching bleach and making thousands a day doing not a got damn thing lolol. i luv you shiiiiiba
i need this to go to ’t sell whoever is selling right now!!!
i can tell you from experience, fast money come, fast money go.
i want to know what love is. (shiba) i want you to show me
this will make headlines tomorrow and bring in more crowds
i can’t sleep watching this shit!!!!!
i have around 1 mil rn, should i buy more?
everyone that bought shiba is in profit now
this is the strongest coin comminity i have ever seen
no pump and dump this is a community that is gona get it self rich
everyone keep pumping it. we can all be rich af together
shib on its way to delete a zero in 2021. its inevitable.
mr musk. it’s not too late to join the party 😂😂😂
should i buy more?
fuck cars buy houses
moon is inevitable for shib now
calling 0.01 before jan 1st 2022
one the sub reaches a million followers that will be a huge indication of the fomo
scared money dont make money
till the last fucking zero falls off !!!!
i am new to this and bought some during the dip! am i doing it right?!
i was abouta impulsively sell all my crypto 30k and throw it into shib
just woke up in the us, nice to see this!
shiba is the people coin
daily reminder to use your coinbase quizes to get alt coins and convert them to shib - i got , takes 2 minutes or less
i will not sell till this hits .10. even at then i will take a million dollars and leave the rest till it hits a dollar.
we are about to pass doge!!!!
ppl do not sell youll regret it
i sold 40 mil shib literally just before the first spike because my parents were low on cash, now i only have 7 mil and i'm so sad
we don’t need whales and we don’t need elon musk we are the enterprise of the hold confederation containing 800 thousand planets with whole galaxies joining by the hour
robinhood could be making so much money right now if they had shib
i yoloed all my ada to shib and this shit already made my losses on ada back
this is our money taken from big whales and rich people.
just threw in 28 thousand
am i losing it or could 1 cent be a thing relatively soon?
just bought 640 million ;ssss
i’m jerking off to all the green
shiba has officially broken crypto app & coinbase... fomo confirmed
man this is exciting why didnt i get into this earlier
you guys realize tomorrow when you wake up it is gonna be past 0.000080 right?
just bought , let’s goooo
we just officially killed doge check the market
take the power away from the media!!!! stop listening to the news!!!!! media manipulation is real!!!!! we've been seeing a lot of it in the last 2 years. wake up!!!! the people have the power. not a bunch of douche bags.
will make us wealth
just dumped all my ada into shib … no time to wait for it to rocket in five years when shib is rocketing now
there is no other currency going plus, shib destroys the world
you get a car👉, and you get a car 👆, and you get a car👇
yep the big pump is when the stock market closes i predict ppl who made profit will throw it all in shiba
if we hit .001 i’ll buy a “buy shiba inu” banner to fly behind a plane accross new york city
if i become a multimillionaire i will buy a garbage car every week and when i drive i will drive like a derby and people will fear me
love you guys. where you’re invested 1,000,000 i promise. all of our lives will change positively with time.
i think 3 bill just got pulled from the market cap .
well to answer your question, the supply keeps decreasing because of shib burn. this coin has infinite potential because of its ever decreasing supply.
we are witnessing history folks
fucking launched to the moon 🔥🔥🔥🔥🔥🔥🔥🔥🔥🚀🚀🚀🚀🚀🚀🚀
i just bough ,000 worthh of shib
doge sub sounds like a self-help group, shiba sub sounds like cocaine cowboys on speed boats
we just blew up the whole system!
if you sell now you're gonna stand at the base of this mountain we're climbing🤑🤑📈🚀🚀🚀🚀🚀
guys do not panic sell or buy, just hold
everyone, coinbase is down for now, do not panic buy or sell, it will be back up, stay strong shibaarmy
sorry...shiba will be bigger than doge
fuck a penny. where is you hunger bois. if we're gonna beat dogecoin let us beat it with a dollar. see you madlads at the top☝️💎📈🚀
if you sell now you must be exiled from this group
i feel so sorry for people buying doge at 70 cents lmaoooo
my bussy is throbbing
this is powerful, 8! new floor
i missed out on amc, doge, gme, and then day sold like a fool trying to recoup losses. but today i finally found out what winning feels like.
where's all the onlyfans girls. they could move the digits easily if they combined their forces
swapped my doge to shib. hope that is the right decision
stop getting paperhanded scared...hodl we went from 5 to 9 today...sitting at 8, its going to be ok
bros we need to lose another zero or two ... change lives … i did the math already i know 1 ¢ i hard but i will ride or die this out that’s my option
only regret is not buying more
not a pump and dump but a pump and hump
dont sell hold 🚀🚀‼️‼️‼️
holy poop that green dildo is not stopping
just converted all my free coinbase crypto to shib and threw in another .
is robinhood going to list?!?!
this winter we’ll all be putting snow tires on the lambos
we eat zeros for breakfast!
fuck micky ds buy shib!!!
the feeling of a lingering miracle relieving me of the nightmare of working everyday is setting in right about now
think i’m gonna just throw .
fuck my balls hurt since they’re being dragged down due to their diamond material 🥜💎
shibbing to the moon
im gonna lose my shit when it hits 0.001. ill be in the thousands usd
i wish i had more money, being a poor college student sucks!
going in to buy 44,000,000 coins right now. wish me luck and don’t fuck me over guys.
if i can do 30k you guys can do 25 or 30 bucks
today i told my best friend i invested in shib and i believe in it. he laughed at me. ill buy him lambo anyways. hes a good boi.
just saw on coincuora - whale just purchased .5 million worth of shiba!
you don’t drop .5 million in shiba unless you know something
bought more. i have 16.5m right now
i current sit at 28m...will keep buying til i get to 100m
it’s happening. i got my best friend buy . my sil listened and bought a few million coins . and now we just sit back and relax and watch it 🚀🚀🚀 🌚.
can’t wait to meet you all in the vip section at shibcon 2022 😂😂
u. cash out stable coins to bitpay or bank account as you need them to avoid high taxes
btc used to keep me up at night worrying about the next crash. now shib got me up day after day worried id miss the live chat
we're about to break into the top 10 market cap
is robinhood announcing shiba soon or what
should i invest in my
if the experts i watch are right there saying .001 very soon is very possible. also there is talks on shiba being burned which would help
do not post pictures online of your accounts ffs
omg its gonna hit .00006!!
my girl is sucking me off while i'm playing calculator games!
i wonder if we will see spikes like this due to robinhood buying stock for their liquidity in preparation for go live date.
woke up in the middle of the night to this! now i can’t go back to sleep. fuck me
i love elon musk, but i kinda do not want any big celebrity to have any influence on shiba. it will be more stable that way. at least i think
i’m now more convinced than ever this coin is not turning back
i own 523 million and now regret i didn’t buy more back in may
if it hits .01 imma adopt a shiba and name him kanye cause we going to the moooooooon
guys it’s simple it goes up. we hodl it goes down. we buy more. and then we check back around thanksgiving and order ferraris.
you didnt lose shit if you didnt sell
i'm opening a whore house
ironically i bought my first shibs with 10
it feels good to be shib gangster
for the love of god please some nice whale out there - buy a shit ton and burn it to help these og little fishies out
officially sitting on 210,000,000 since early september and damn do i love this army. to the fucking mooooooon!!!!! lesssgooooo!
we dropping a zero this week!!
shib its trending in usa
fucking 7m coins is now !! when i first started 7m was
you know wallstreetbets peeps are like 👋 hey what y’all doing over there 👉 😂😂😂😂 shib army has the real 🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀’s
right now - if you're even asking if you should buy more is like asking, do i want more money?
put . up to
ok, i cannot help myself i just bought another 100 million, i'm so pissed at myself last night i thought of rolling all my crypto in shiba would have been up over
i honestly do not understand how ppl can sell, did not you see what happened to ppl who had 10+million usd worth of doge & sold at like 10k
let's calm down on the negativity of losing. we winning. hold!
shib has officially passed doge, we are in the top 10 now.
i’ve never felt like such a winner in my life…. god please don’t break me 🙏🏻🤣
🌙 🚀 my anxiety is going to the moon right now.
u? this am not based on hope - this is you being a part of making active changes, you're a part of the community.
i need some encouragement for bad decisions do i put 1k in right this second
fuck elon, his cars literally are badly designed and steals the tax dollars of americans, just to boldly claim he’s self-made
crazy insane volume and publicity. when kramer asks are you going to list shiba inu on robinhood, he really means wtf are you waiting for idiot.
are you guys ready to be millionaires soon?
i just staked all my shiba so i won’t be tempted to sell
i am so happy i started buying yesterday
which of you wankers keeps selling? hodl!
these dips are lasting only like 1.5 mins
im gonna sell... my house and buy shibs
fear is the mind killer
just dropped another 10k, get in on the bottom floors and ride this to the top!!!
crypto.com just reported that robinhood just took a 78% plunge cause doge coin hype is dropping, why because we are all buying shib lol. it is gives them all the more reason to add us.
shib to .25 hookers & cocaine await
sold my doge for shib
my friends called me a idiot for investing 200
i woke up today and seeing my balance made me shoot hot cum
all this without it even being available on robinhood is interesting
tell one person in your family about shib today!!!
i have 2k in my name, should i invest 1k into shib now or wait until a dip happens???
i have a massive erection
the robinhood petition almost has 350k signatures 🚀🚀
at this rate, anything is possible with shib. moon is too close now. it can blast off light years away from earth.
sitting at 25m. worth about
people who bought in 3 zeros ago
let shib go to the moon stop dragging it dooownaadada
up 50k over night!!! also we are battle doge coin right now for market cap! that means we will be bigger than them!
every cent is a fight against tyranny
omg i just checked wtf were in the final countdown 3.2.1. blastoff 🚀🚀🚀🚀🚀🚀🚀🚀🚀💫💫💫💫💫💫💫💫💫
if it makes it to .01 i am find with withdrawing 1m and just letting the rest ride
this is the funnest game ever it’s like i put more money in the machine and then all of a sudden i have more credits to play with
i will be going to sleep now, hoping for good news 8 hours from now. peace, guys, and i wish for prosperity!
8000 by tomorrow morning.
how did i make more money in one night than my whole week of work
yall this is wife changing money right here!!
anyone else coinbase say shib not supported?
coinbase better fix this shit
kill the zero kill the zero
we're trending on twitter
it is very simply the platforms crashing
this chat suddenly has the mood of a theater where someone screamed fire.
donated plasma today got 100, blood money ftw
this is not a panic sell, it is just that no one can get in
the dip is bc so many platforms went down... do not get foolish
and we are back!! didnt sell nothin lmao
coinbase ran out of shib
exchanges are down. there you have the evidence that shiba is shaking the market 💪🏼💪🏼💪🏼💪🏼💪🏼
ooooooooooooo weeeeeeeeeee here it comes again.
buy and hold you pussies
if you sell shib right now, you are the dumbest mofo on the planet
no lambo for me... il be happy with a gtr
everyone and their dead grandma talking about shib so investors will only grow
i'd say odds are very high we see a couple more big pumps before the weekly closes.
shibba to 0.05 by christmas
it doesn’t matter how long it takes, it’s just knowing we will get there at some point
holding out for .10c like an 🦍
i love you guys
keep buying more if you can guys 🚀🌕
holy shit we are number nine in market cap now
dont panic sell, its the worst you can do rn :)
people are buying the dip 🦾
i just bought 10k worth
i said fuck it and converted my eth into shib🚀
eu has waken up, we have pur buying pants on
limit 1 lambo per person please so we have enough
wait till xmas 🤶 & newyear 🥂
my dca of . lol
many erections are happening
now elon probably like “ohh shib i done messed up”
it’s funny how this is all happing and nobody nobody is covering it
sit back and enjoy the rocket take off - then hodl!
glad i bought 10 more mil of shib a few hours ago.
i can see the head!!!puuuuuuuush!!!!
just bought 50 bucks more. 30 mil
shipping or shibbing? 🤔
everyone pour gravy on your grandmother's boobies.
fucking love you guys ❤️ 🚀
shibs strong together. buy and hodl 🚀🚀🚀
anyone else picture the whales like the rich vip mfs on squid games
just bought another 11m shib. 111,117,081 shib. lfg 🚀🚀🚀🚀
can i get a hell yeah
congrats everyone. take a moment to thank yourself for thinking of future you and investing in the first place. you rock and deserve these gains! what a community!
imagine when robinhood lists this crypto? 😳
shiba does not have an unlimited supply
y’all keep saying “buy the dip” but then keep buying and not letting it fucking dip. 🤬
good morning! austria here 😁, awesome jump!!!
just think of it this way every hundo you put is another hooker’re gonna have in 2025
stay for the bigger profits
i bought a bil when it was 00000550 and went broke. man’s eating ramen til the smoke clears. nah jk i got my aunties ebt we eating good
i’m up 25% on my not going to be life changing but i’ll take a few free car payments if it balloons
but realistically what are y’all’s dip predictions? bc it will dip again
i just wanna live a quiet life in japan, with my manga collection
all we have to do is go to bed and all hold. wake up in the morning with the burn + speculation everywhere. i'm seeing shiba eating a zero in the next few days honestly
who fomo’d bought more just now? 🙋🏽‍♀️🙋🏽‍♀️🙋🏽‍♀️
me so horny for shib
we need to make gamestop look like nothing
2.6 billion and holding
be a diamond hand
yes. everyone blast shib on their twitter
just bought 10m more lets fkin gooo
hold you beautiful fuckers
bruh i’m considering buying another 15m
keep your eye on saitama. the saitamamask app is being released nov. 13th. it might take off like shib
i'm over here trying to get that 😬
im throwing another .
everyone here trying to buy good cars and house but i'm here like wanting to buy a new phone if it hits 0.1-5$
shib should get redbull corporate sponsorship
hey guys im thinking of investing three thousand dollars in doge coin! is this a good idea?
i have 1 million
eating a zero would mean we eat doge and take 8th place cmc
50m coins and counting!!!
just put in 400
at 2:30 a.m everyone is dropping !!!!! everyone spam this message. lets drop a 0 and show the world we arent a joke!!!! copy and paste this and make sure everyone sees this!!!!!
what's gonna make me a millionaire first? shib or amc?
at what price level will you sell your shib? trick question don’t you the fuck dare sell your shib
if people sell just buy when it dips, no big deal
this coin gave me anxiety for 6months...cannot believe this
i hear all this talk on here about people just "not reporting" and i'm kinda thinking it doesnt work that way, do not get hit for fraud boys not worth
brb gonna go jerk off to the graph
will explode the whole crypto market. im afraid people will sell their other cryptos for shib ✊🏼💎
robinhood is gonna drop wallets with shib. i just know it. it would make so much sense. "hey we have wallets now. buy shib with us"
traded my doge for 🚀
i have held gme since ? supply is going down with burns it’s getting more valuable by the 20 mins
we are about to take a 0 out ... hold the line
i’m gonna buy another . monopoly and acting like mr. bigshot
,704,601 transferred to dead wallet hello rising floor
this is a turning point in our lives brothers. do not settle, let us get that bag, and hodl some more
anyone wanna buy a half smoked newport? tryna get me another couple hundred shib
buying more rn 🚀🚀🚀
if i make it big, im gonna feed so many hungry kids
wanna sleep but worried hah
i'm satisfied with a 0.00005 floor
guys go fuck your girls and sleep peacefully . shib will rise
i’m about to drop !
made 1600 from a 250
shiba is now following btc. btc is building a decent head and shoulders. i think btc will fall till
just hodl. no point in small quick wins. burn will happen, crypto market cap will grow. shib will go up.
this morning dip is europoors waking up, we are now awake and calm and can proceed to 60 as planned before dropping another 0
i will literally become a shib if this hits 0.01
a month ago this "was not possible". keep that in mind
i'll open a cannabis business in amsterdam and we're gonna planning a new strain with shiba strawberry kush very sativa...shiba caffe
infinite money glitch if we keep doing this
today is the dip of tomorrow
bye guys, have a great day!! to the fkn moon
people keep talking about .01 vs .0001 but how do we feel about .0005???
actual advice i can stand behind: if you're worried about taxes, no matter where you live - understand that crypto is still relatively new to all governments, and you need to keep records of all of your transactions. you will most likely pay your regular earnings taxes on it, but if you keep records of every transaction - you will not be fined or subject to "approx. estimated earnings (which is deadly to us all), so keep them records!
and you only pay taxes on your earnings, so if you hodl, you'll be fine, unless you keep selling and buying, you need to keep records on all of that, and you'll pay a tax by the end of the years on your profits, losses will be deductable according to the laws and tax of your own country.
just bought 2 mil 😤
u, if you want a future, property is the thing. because as an old wise businessman once said, you can always get another car, but you cannot get more land. land is not infinite, it is limited. and better be the ones that own, rather than the renter.
marketing is on point for shib right now and bringing in a lot of new investors, it’s great for the crypto community because it’ll grow
i mean at this rate we’ll be at .0001 by thanksgiving
im not relying on shib... thats why i am looking at new coins. if you get into a new coin that does what shib or doge have done you are a hundred millionaire without getting out of bed
this is the way. nobody knows shit…
just bought another 55 million 😎😎
fell asleep at around .000047 last night and woke up on a rocket to the fucking moon. you all are amazing. lfg!! 🚀🚀🚀
the power of ppl
can we all agree not to sell until 0.005?
i only have ??? and get shib
i don’t think it’ll go to the moon, we going to mars🚀
i'd like to thank my eu hodlers for holding us up overnight!
yess to .00007 we go!
i'm already customizing my lambo wyd
doge is down 10.5%, lets welcome them to the shiba inu community!
you’re all invited to my my mega yacht party in the near future. i need a location. shib army exclusive!!!
dumb question, can we kill a zero today?
let’s hype shib on wallstreetbets to make those retards make us rich
i feel it will overtake doge
i own 5.5m should i top that up haha
a lot of us missed the doge train. doge is done for. the shib train is now. we are getting our chance at financial freedom
i only have 2.1 mil coins, wanna put another , this might be the dip
it hit .000065 us?????
i just want to say thanks for coinbase and the banks for not clearing my cash in less than 4 days and helping me lose the opportunity to buy more shib at .000037 . motherfuckers
i sold my .40 doge for .25 and put it into shib. i regret nothing
expect a dip as the market as a whole rebounds, do not panic if that happens, nfa but expected!!! imo
i'm a lady but love the brotherhood 🥰😍
the line and be diamond handed 💎✊🏼
guys when we are all rich will you please consider buying electric cars and solar panels please 🙏🏻🙏🏻🙏🏻 we have a planet to save!
we shibastic or what??? 😎
you know the best minds in the greatest people been told that they are wrong most of their lives funny thing just read yesterday i was reading all the negative comments on shib and all the big publications telling everybody to sell this is a big fuck you to their face
drop that 0 like a bad parent drops a baby.
a few exchanges are going to have some down time, because we're huge together, we're almost 1 million shiba members strong, and we cannot get enough! they're gonna not see this freight train of winning comming!
the working class are over throwing the bourgeoisie
leats munch tha 0 baby
i hold doge too but after seeing how well they did i know shib can do better
hey is it bad i’m so excited i want to dance around naked on the highway?
a penny would be great, a nickel would be fine but i'ma retire young if it reaches that dime
i'm regretting not buying a billion back in may, lesson learned. already getting pricey for a few million shib
it's about to erase a zero tonight
just dumped all my other cryptos! all i. on shiba!
dip is short term. buyy annd hodl
stop shitting on doge. they crawled so we could fly.
all my crypto money has officially been converted to shib 🚀
new floor is 65
let’s get it to .0001 by this weekend!!!!!
i’m 48 and never seen a moment like this!! we all rock it!!
its a dog eat dog world man
shib-angs, shib-angs oh baby when shi moves shi moves i go crazy 🎵
tbh every poor person is tired of being poor if every person world wide pooled to shib we would all be wealthy.
buy buy buy buy
no more talk of doge
guy says he will invest 10,000 if he gets 5k retweets
i might go to the titty bar for breakfast this morning
anytime my right hand itches i come up on a lot of money and it’s been itching lately
someone is willing to pay
everyone buy another 1k with me , we'll force that next zero away .
jokes aside, once again: do not invest what you cannot lose
this community is tired of the 8-5 slavery trade
just converted my last 6,000 shares of doge to 22m shiba
meet kevin just dropped a shiba video on youtube!
btc down to 58k eth doen to 3.9 k ... can you guess where's all that money going to??
im holding until . i definitely see it with the burns and hype
this is going over .0001 today, hodl, we have 3 more zeroes to go!
,704,601 worth of shib has been burned, the floor has risen
if it hits .5 my life is changed
this rocket is a nonstop flight to the moon!!!!!
keep buying and holding friends. we can all reap the benefits of
hodl!!!!!!!! to the moon!!!!!!!!
whos dumpin their fat wife?
coinbase crash for you bois?
coinbase crashing again lol
i am glad coinbase has halted assets because it’s not going shit all anywhere
fire sale, time to buy
yes yes bois we kill that zero today
also draw the line in the sand now: do not sell at .0001!!!
the monke that fears to climb, never gets the banana
it is a false dip my dudes. no one can buy.
i cant wait to drink champagne out of a strippers arse
just bought 100 million more - let’s light it up!
i’m proud of all of you, let’s take 90 now
if it ever hits
losing that zero in next 24 hours
i’m a thousandaire! suck it guidance counselor!
life changing money only for me... holding for a while.
im taking a shit
we officially are worth more than doge coin!!!!!
someone sold 600m and now it’s higher lmao.
i joined the million shib club
god this is the most fun i've had for a while haha
how much higher can this thing go. let’s beat doge
i wish i didn’t spend so much on weed these months, i want to buy more
that was not a scheduled outage
back in the 8s
we probably would of erased a zero if the apps did not crash
the big pumps happen at 3am i noticed
killing tbe market cap
hold for my kids
hahaha the paper handed people who dropped out on ath, got fucked
uh oh...we hit 90. that 0 is sweating balls right about now
just bought a nice lil bag :)
buy into the dip .
buy now it would not dip that low .
calm down, guys. we europeans are just waking up, we got you. the dip is normal. don't sell, you will regret it.
what a thrill ride yesterday guys! here’s to some healthy consolidation and being on route to killing that next 0! 🚀💰
i heard that doge took like 6 years to reach this position so do not be impatient guys. hold on to this for the long run
91 mil shib added. let’s go!
i can make another live chat if people want
who didnt heh. stop bitching and hold on
remember guys, if we win we have to use the money for good porpouses and help
just bought 55.5 million shib who’s with me 😈😈😈
ate that sell off right up though
shib is a community
not gonna pay my rent next month. buying shib instead.
i bought 50m more
we’re strolling right through the line, i took a shit while walking
grow a pair and hodl!
here we go boys
3 letters and i'm yours... shib: ath
shib is a vibe
just bought more! 1m shib was not enough!
smash bros tourney at peter piper pizza when it’s .01 and we betting lambos
tempted to invest more 👀 but who knows if this is the peak or the bottom? also how did it jump so much in three hours
we hold until .01 and see where it goes from there!
finally i’m actually doing well in crypto
even though robinhood sucks ass when it launches there so much more money will get poured into it
who's going to meet me in hawaii or disney (florida) when we reach 0.01 or 0.1 ??
i got 33 mil 6 months ago. now i want moar
stop selling you pussies - hodl!
i bought another .000045
people selling now only to watch it hit 1.0 i'm a believer now!
fuk it , another
india has been a big supporter! we need more americans to buy in!
india 🇮🇳 rocks!!! -from 🇺🇸
dude everyone is so hyped up for 1 mil i'm hyped up for not needing to check my bank account lol
there’s gonna be a dip y’all, remember that when we get pushed back we push back harder
shib! shib! shib! shib! shib! to the moon baybay!
shibby shibby shibby cant you see, the way you hypnotized me
i might sell my pokemon collection to fund my shib addicted now
i love this community!!! you guys rock and have a good night ive got exams tomorrow!! stay strong 💎👐
i’m gonna sell my body to buy more shib
if you think hey should i sell to pay for so and so. no, hold. eat ramen, budget, and change your life.
what is a life changing amount to be hodling
that’s why we hold for each other
100mil is the best bet tbh
45m i cant miss out like i did dogecoin. honesty i dont even like crypto like that either
hopefully when i wake up in the morning... 👉6
i bought 10 million now!!! hold all
i think we can delete 1 zero for sure. 2 is hopeful. but not out of the realm of possibility. for this year
not financial advice but fuckin buy shib you nuggets
h o d l
3,000,000 more on the way boys 🐕🐕🐕
it wont dip! shiba is all rise
i’m going to japan!!!
let us go no sleep gang
im so confident on shiba i just staked them for 90 days guys
i just put another . ready to see this go
one day, we’re gonna be recruiting people to play red light
does finally being okay with paying 800 for a ps5 count as a reasonable use of profit?
hello everyone. so how high can shib go? is it realistically possible to go past .001?
hold mother fucker im trying to sleep here
just put £8000 into shib. hold bitches
when europe wakes up we go to .00006
everybody feel free to burn your coins to my wallet
surprised that elon news didn’t really shake the shib army
this is all before a robinhood...
i only hold 40mil. that is a lot for me.
i've slept 2 hours a night the last 2 nights and i'm not sleeping tonight
this is not for cardiacs
woooah how am i supposed to sleep now?
🇬🇧 reporting for duty
500k —-> 2.5 mil
^h^^i^^^b t^o t^h^^a m^o^^o^^^n 🔥^🔥^^🔥^^^🔥^^^^🔥^^^^^🔥
3,704,601 shib is getting burned every 20 mins. exactly the same number. algorithmically burning or money laundering?
fuck it! selling my btc for shib!!!
i own tons of gme :d cool to see other apes. gme bout to announce a fucking revolutionary nft marketplace
once it hit .00006 it’s gonna fly harder because i will buy the dip like a crack head on mardi gras
elon musk is actually an alien shiba
the price action and you will understand shib ✊🏼💎
1b in my bag 💎✊🏼
so many empty beach houses with no one living in them. so many cars parked in garages neglected. we deserve this stuff guys!
someone put hella shib on a usb and yeet that bitch into a garbage dump
every 20 mins, exactly ,704,601 burned. does anyone know what’s happening?
my gf is sucking me off while i play calculator games!!! 😅😅😅👊🤘
“hey siri, play space cadet by metro boomin”
,817 hodlers and keep increasing 😲
my buddy told me he learned his lesson from doge is to never try to time the market… he lost out on . 💎 🙌
dip before the rip ✊🏼💎
this is the only basket worth putting eggs in right now
i wish to name a shiba inu valhalla
if we slash another zero before it even hits robinhood i'll shit
if total supply is significantly burned, then 0.01 is definitely possible
don’t you fuckin sell… hodl
when in doubt zoom out
what burns pple the most is not hodling their cryptos
we back baby! we aint going nowhere!!!
entire crypto market is dropping right now. shib is actually holding strong. no need to worry at all
shib to hit 😏
i would imagine that everyone liquidating their other holdings to buy shib might have something to do with the market drop
tried to sell and buy more in dip. lost a few 100k. lucky. lesson learned.
we’ve been through this before, it goes up and down over and over, but it will keep getting higher and higher
i bought another 2m. do your part ya dirty dogs
fuck that, take out your life savings and buy all shib, sell right after rh release, then buy back in
shit coin? more like shib coin
i can sense him
it will brobably hit 0.0001 soon tho
sell?? is that even a word?
good morning usa pls do not sell you yankees
buy more today while shib is still a steal to buy
i will sell in 2025
evertyhings fine, the market just crashed so ofc shib was going to go down, but it looks to have made a decent recovery
u"real" job, we are up now getting ready
shib did crash with btc, it just recovered pretty damn quick
shib seems unaffected by bitcoins dip.
shiba on fireee 🔥🔥🔥. im up by 400% and i have 300mill of shiba. still not selling. 💎🙌 everyone!!!
so many articles about why people should sell their shib now before correction , dont listen people !
woke up and saw .59 , shiver me timbers!
you got to risk it to get the biscuit
nevermind amc or gamestop, shiba is the new pathway to 🤑
i get all that but there will be burning
yeah burn baby! i'm onboard with that!
yeah rental, having a diverse portfolio is healty. shib community however, you cannot beat the fun we have :)
if i make over ’m getting 🚀 tattooed
i put in 25 each week
and buying daily that’s our fight against the whales 🐳 everyone is buying small amounts but we have an army and numbers
it is the most momentum we have had. people are starting to realise that shib is not just a shitcoin like doge, it has actual utility.
our small amount will but numbers beat the large whales
doge followers will convert
gonna take alot of burns to make . but i like the idea
keep shiba off robinhood it’s a pump and dump scheme
ain't nobody here made you sell
hold and buy!!!!!!! or buy and hold!!!!
i just converted my free coin from coinbase to 600k more shib
bought another . can’t wait to be holding moon diamonds with you all!!!
with the holidays coming up we’re in for a major run
anyone else seeing this? 🚀🚀🚀🥂
please, someone buy 1t of shib
shiba inu was listed as for most searched on google trends. this community is amazing and at this rate we will erase a zero in a couple of weeks
hodl until it hits doge levels
lambo in january baby
coinbase pro is crashing lmao, holding 45 million shibs lfg!
buy the dips buy the high buy everything
lmao, this looks like eary gme days
if we outbuy the dip then it's gonna be a dip that rises up instead of down
any price above 1 cent would give shib a market cap over what the us gov spends in a year
the nazi fed is gonna find a way to ruin this im sure hurr durr tax crypton
not even selling at .01
is 2.6 mill shib good?
are we seriously headed for .00007?
i’m pretty sure in about 5 hours a zero will be deleted
guys guys guys,,,, i love to see it go to moon, but remember : .1 ==
i do not think its nice to say shib is doge killer i want both coins to prosper. just because doge can he assholes does not mean we should or that is just my way of thinking
what color lambo you guys getting
i started a week ago already got a good profit. not life changing but still profit
no holders only buyers here
70,504,000 shibs and fucking holding🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
i see another 2-3x easy in november
we hodl for years here. dont be an idiot and settle for a thousand when you can have a million later
i love that this is a global effort. truly amazing community guys
i have a feeling jeff bezos will go in on shiba too... chess move to fk over elon
shave off another 0 today
elon is curled up in the fetal position right now holding floki and crying! 😂😂😂😂
gentle shiblmen, the time has come to go full retarded and put everything in shib. we will go to the moon.
anyone who sells is definitely going to regret
just bought another 17mil cant stop retarding !!!!
buy buy buy!! do not sell until you never have to work again
but i'm thinking is some of the big dog whales that are not invested are probably about to jump in and make this thing insane!
fuck it i will buy now
doge is dead now
together we’re on beatable
it amazes me when a group of people get together with one common goal what we can accomplish
if we get to 0,001 i can finally take some vacation time
let's go for the fucking 7 boissssss
"timing the market" (or trying) is how coinbase gets rich. shib getting more diamond hands is how we all get rich.
this is tha way💪💪🚀🚀👊🏼
keep buying let’s make it hit $.69
alright fuck it, dumping my doge for shiba! lets goo! too the moon!!!
looks like we're dropping 1 zero sooner than many think
sold my ada to but more shib let us go
i would say a slowdown is 100% to be expected and this rate is crazy. welcome to crypto boiz!
i told my whole family weeks ago to buy this only my brother believed me and ya know i'm just happy he did thanks bro i'm glad someone believed ♥️
2.6 billion left to reach market cap on coin base!!! let’s hit it and break it lol
i’m selling my doge now to buy more shib to reach 450 million
any idea who’s pumping? or is it a burn ?
dogecoin, shiba army is coming for dat ass
let us go shibarmy!! let us overtake doge and kill some zeros!! woop woop
love this community. i might buy even more.
buy and hold not selling until 1, make it bitcoin 2.0
66 is cheap ---> one hour later you're at 75, and hitting yourself for not taking the dip xd
americans need to stop selling every day! it’s almost like we need to pass it off to other countries in order to secure the bag!
fuck elon let’s pass doge on cmc
1b± here held from march
it will be dipping with green instead of red
i left the stock markets to be over here after nokia
lol, exchanges are so fucked right now with buy
.01 is probably not possible. we need to burn a lot of coin before we can hit numbers like that.
am i the only one who can’t sell crypto to buy shiba on crypto. cooom ???
i already put in 've got a tiny bag but i cannot go much higher. these credit cards be hounding me lol
i want to make at least 100k i’ll be satisfied that’s like changing for me
the whales will sell
what did y'all originally buy in at? 0.00001785714 here
200’ll write a book about holding
stand together and buy buy buy buy
just bought another 1mill of shiba on crypto, i guess the app is slow bc it’s not loading in my balance smh
does anyone know why it is going up like this?
yesterdays price is not todays price 🚀🚀🚀🚀🚀🚀🚀🚀🚀
i bought 500 dollars worth. let’s spam it bb
i request everyone to play 50cent - in the club, it is our birthday!!!
they cannot keep up with the payment processing
how much money do we have to spend to get it to .01 ?
no one army should have all this power -kanye
i think we gonna see another bump at 4pm when markets close
we're marching on towards one zero down
shib possibly just passed doge
shib is going to erase years of financial mistakes 🚀🕒💎✋
my ihop waitress i'm banging still spending all her tips on shib ... this is the way
forget squid game. play shib game
this is the start
doge is dead!!! breaking news!!! doge is dead
buy and break this resistance
even if its 10 dollars
personally i'd say sell the other alt coins and go full shiba
i wish i could buy more. 😪
shib to the moon. help me get my coins together for medical school
+link transfered 2 grand 2 shib!!!
all you can eat buffet at my house all day, all night!
skip the doge coin talk pls, its rule of this army
holy shit guys, i cannot process this, i will cry
let's focus on the shib army. we are the bork.
i have extra cash in kuma should i sell that and buy more shib or leave it alone?
we’re losing a 0 by tomorrow 🚀🚀
to the moon, engine just started, 12 h ago. this is the trip we all wanted guys
put everything in shib!
this is the dip
is it cheating if i take the courses on coinbase and then transfer what ever they give me to shib 🤣
buy the dips, create resistance, hodl
shib is the only thing holding my account up today 🙏🏻
we make this happen without rh. buy the dips, create the new floor of resistance, hodl
robinhood will cause the market too pump and dump. the shiba army hodls
why is it called robinhood anyway? very ironic
i’m 10k long on shib 0.000067
i only have 2m
shib family is the best family 🙏🏼❤️
shebus christ be with you
got 3.7 million shibs. already up
she started this last run when i was getting back in to the gym... i’m not sayin it’s cause i got back in the gym, i’m just sayin…y’all stay healthy aight
shib at this moment, at this price, is better investment than bitcoin
damn y’all blowing it up too fast. i needed more money to buy more
i turned my free
whos checking the calc every 5 mins? lol
if it hits .1 i'm a multimillionaire
the gods have spoken .00006969 time to buy more
invest 100-200. wait a few days for a good spike and invest your new bigger chunk into shiba :)
this community is tired of the federal government using humans as money that’s why we have a social security
i dont want lambos... i want to stop seeing u.s. citizens dying from dirty water
90 million is about ,400. buy or you’ll regret it
and maybe a square times billboard if we get .001
im just a student whos glad eont br having any financial issues, i got 2k
if we hit 1 penny i’ll have 250k
this coin can bring real change against a system that geared for legal slavery, we shall join and fight against all opressors
70 mil now, sold all my doge for shiba!!! wooooo
shiba inu for world president!!!!! 🌎🌎🌎🌎🌎🌎🌎🌎🌎🌎
we all here for each other!!
my wife left me but now she’s back
are we holding till one ☝️
we fucking did it men!!!!
deleting another zero in the next 30. days is very possible
put another 2 grand in
keep in mind we are battling doge for market cap! we will surpass them today and this has not even mooned yet today! once we pass them it is really taking off!
why is price so much higher on coinbase than others!
finally, broke thru .0000693
there will be a monumental dropp pretty soon...just saying, everything tha goes up will evemtually come down.
new floor is 65 boiz
shib is now !!!!!! overtook doge!!!! 🤑🤑🤑
it crashed crypto.com they are fixing it .
in shiba we trust
i’m living off of shib for the rest of my life how about you
every so often 3,704,601 shib keeps getting burned. wierd... at night it’s every 20 mins... someone is def trying to hide having too much illegal money
use coinmarketcap website. set up a portafolio and enter all your purchase, with all times, prices, and fees, i’ll give you exact numbers on your gains or loses and more details
people... t minus 54 minutes... get fckn ready for daily traders !
119 million shibs, but i need more :/
basically just sell all your other shit and buy this
call mom ….” hey can i borrow like 10 grand”
is it time to drop 10k usd?
finally sold my doge from rh yesterday. waiting for it to hit my account and buying more shib
imagine when robin hood list and shib gets it’s own exchanges and blockchain!!!
i’m buying the rights to the fast and furious franchise with my gains.shiba army we are the real family
we are literally making history.
i'm so glad i can share this moment with you all
put your life savings on shib.
oh my tits are so jacked
fuck u coinbase u son of a bitches
erasing a zero in 1 hour lets fucking do it boys
made all my money back that i lost from doge. i moved all my doge over to shib early today and it was the best decision of this year.
murder that 0, murder that 0, murder that 0
say it with me “were not fucking leaving”
we broke coinbase!!! wooooo!!
coinbase telling me 78ish webull in the 80s. what the hell. we broke crypto???
hold on fuckers were goin!!!! get in!!! 🚀
coinbase is low bec it crashed?
buy the fucking dip now
[crypto.com]( broke too lol
tomorrows headline "shiba inu smashes all time high and coinbase's servers"
coinbase is working!! keep trying!
anyone want a ride
im supposed to be bench pressing but im just laying there looking at gains
78-80 for those who are wondering
we are basically ddosing cb 😂😂😂
that was a filthy crash
all credible youtubers are getting a chubby over shib today
keep buying. overload the system and it will explode
i need to step away from my computer for an hour and do some meditation. this is driving me insane.
5 mintues till pump you shall see
reminder don’t be a paper hand bish
welp, y'all made the news
don’t sell now ffs
gonna buy the car from dumb and dumber and make it look like a shiba as i drive by my ex's place playing we are the champions but barked not sung
i gotta use yahoo finance to keep up with shib
rules: buy the dip, hodl what you got - we can do this, normal people can do this. the people are winning over world economy
millionaires and billionaires dont panic sell...start thinking and acting like them
shiba about to make us all rich man 🎉
keep buying you beautiful bastards!!!🚀
anybody else cant log into their crypto.com ?
hodl and buy! do not sell. it was 50s 60s this morning. hodl and buy
let me buy my mother fucking shit bitch
we are still in the dip, buy and hodl!
why are you nerds panicking
just relax and buy
its going to explode when the servers are back up
i have 5k ready to blow i just cannot buy
haha let them sell. we will buy more in the dip
see you losers on the moon🚀🌚🌝
in an uptrend obviously
omg omg an error has occured let me sell everything oh geez oh man oh lord oh gosh
shib is sitting around 75 right now guys
just bought 5 more million help protect new price
we jus getting started!!!
never selling just buying more
the real price of shib is the friends we made along the way
i swear they hate to see poor people make money
shib is gonna hit boys lets gkeep face
buy it while you can. once all servers come back online we’re blasting off to fucking pluto
more rocket fuel bois and girls 🚀🚀🚀🚀🚀🚀🚀
i don’t know any of you personally but i fckin love you all ❤️❤️
some people need the money… that doesn’t make them dumb... don’t be dicks
some just bought 21 billion
just bought 3.69m diamond hands
can’t believe i’m buying at this price
hey folk. so, that coinbase hour graph is hilarious
when everything comes back online, we need to build the momentum back up and ride it to the moon. get ready to buy more!! this is the way
this is just starting, hodl, this isnt .1 yet
they're selling because they got scared with the crash when people could not buy
people need to come back in and buy and once it goes up then it will stabilize
buy the dip idiots
i bought and held . it became . so today i bought
never invest what you cannot lose, but if you're going to buy, do not try to time the market. if it is a good buy here, it will be a good buy in a few. but i do not see it going under 60 again
if this does not pay off, the happiness i got today was worth my investment
dudes. we're gonna be dirty rich soon.
think it’s back up
the fact that its sustaining in 7000's after a massive selloff should tell you something
i'm thinking the europeans will bring volume when they wake up in 5-6 hours
2nd most traded coin over last 24 hrs
hodl until you rich!
rh down 78% on crypto, they will likely try to list shib asap
if you hodl you do not need to worry about pump and dump
selling would be stupid
hodl... don't be the guy who bought pizza for 10,000 btc
cheers boyz & galz 🍺
when doge was going crazy, and all these other ''coins'' , people were new to coinbase and shit like that... very skeptical. now most have had a chance to buy a few coins or whatever, shib being way more accessible for most people to get compared to the older coins
it’s all about reputation and this coin from the very start has been the kind of coin people one to hold onto. people don’t want to sell their coins in mass quantity because the limited supply gives it the kind of value that ethereum and bitcoin have
i am a very educated speculator in stocks and coins , and i can promise you shiba inu has da meanest mufuckin logo in the entire industry
i think coinbase is having a seizure
idk but i’ll buy even more then, have money sitting in robinhood stocks that i’ll sell
back up to .00008
when i saw shib trending on twitter earlier today i knew the 🚀 boarding has begun
i just now figured out in my head what burn a 0 meant. lets do ittt 🔥 🔥
i cannot believe we're so close to killing doge
a month a joke i told people to buy shib they laughed and called it a joke, who’s laughing now
european crew signing woof. asian crew, take care...and hold!
i bought in with a few hundo to gain a few hundo, which worked out. i can’t afford much more so i bounced but left my initial few hundo. kids come first. now, those left over above my initial investment stay. i love all of you that are going to the moon 💕, and will watch you all from my telescope i can buy my kids. thank you all. payday next thursday, we’ll see where things lie. as keanu would say… “your’e breathtaking!”
are we hodling the line???
sell , its the only way.
holy shit we now have a 50 billion market cap!!!!!
i'd be happy if it drop 1 or 2 more zeroes
ive been holding for a month and joining this army is the best investment of my life!
it’s normal for it to dip. just be patient…buy and hold
if i remember anything from doge, it would blow up one day and then tank the next, everyone would freak and sell, but then regret it. because next thing you know, it blasts off past its all time high, then crashes again and continues the cycle
everyone should buy 100 worth of shib , help the rocket refuel 🚀🚀🚀🚀🚀
what's going on bois?
hodl the line army!!!! fear is for the weak!!!!
it will go up again this weekend
good things for us shibsters and future shibsters. i believe in this coin!
remember boys, you can take 30 dollars profit now and order a pizza or 30,000 dollars down the road and order a lot of pizzas.
i sold all my doge for shiba
confirmed... shib has officially passed doge
do not sell its a trap
i really wish all the billionaires that support ubi would just yolo a few hundred mil each towards burning for the sake of the working class who invested in this with hopes of just living comfortably. we deserve to know what that is like too.
if we hit .s.
no one cares what it costs in canadian lol
bruh let us fucking gooooooo
i just shib my pants…damn
just hold or buy more etherium based tokens are not like doge and this is the first of its kind...
we lose another zero if we stick together!!!
i just dropped five hundred before push
we making history tonight
my only regret is not having any more money to buy, gonna have to start selling my neighbors stuff to buy more
imma drop 100🔥 pit cuz the lambo urus gonna need new rims
we may loose two zeros by december!
good thing i polished the ole space suit.
blasting the fuck off🚀🚀🚀
eat it sell off
c’mon my european friends buy as much as you can and while you sleep well keep it movin 😎
only invest what you can afford to lose. no harm in responsible investing.
yeah shib is red and blue
anyone ever seen a male prostitute?
should i go ahead and invest more or wait for “another dip” 😢
i think elon tweeted that to tank it and jump in
😳 i went to see dune, came back to see shiba up like 2000 points. what the crap happened?
robinhood needs to go ahead and list fr i’m tryna get this to a cent
we r actually gonna be the doge killer if we continue at this pace.
bro yall i bought shib hella long ago what is happening
in with 13m let’s go boys
shove in a few bucks here and there guys everything helps
just bought another milli lol thanks for the help
is it still a good time to buy?
brb. converting some doge to shib *sips tea*
everyone watch you on netflix!
i’m so happy i sold all my dogecoin and bought shib a few days ago 🤣🤣🤣🤣🤣🤣🤣
i’m an island boyyyy just tryin to stack my shib
set up recurring buys weekly for whatever you can muster regardless the price.
who else is up over 600% on their initial investment?
if your avatar is not in the free shiba outfit you probably have paper hands. just sayin
wish i had 800 mill in june
i’m holding for life changing money
when do y’all think there will be another dip?
we need them to burn some more shiba , too much right now
100k would not buy half a house where i'm from 🇨🇦
i don’t need warren buffet money , just let me get enough to buy a house lol
i just want to pay off my student loans man
if you ain’t in shib then where you aaaaaattttt ???
let’s get to .0001 by this weekend!!!!!!
for those who are talking about tax, remember you only have to tax sth, when you earn sth. in general it is a good sign
the doge people were laughing at us, but look at us now
hopefully shiba will ph my student loans 🥰
shib to 76 cents? let us goooo baybay!
i wana buy a house in space!!!!
if billionares hop on it would climb fast but it would plummet if they decided to sell in mass.
find me on the street corner. pay me in shib for good time
i cant wait to wake up tomorrow and see how far this has gone. we only gettin started
keep buying shiba! you will be thankfull in a year
don’t sell when we get listed on rh all of those doge boys are gonna have to buy in at higher price than us
well ima do my homework and sleep, gn yall
not getting any sleep tonight
my friend scoffed at me earlier for buying more today. like come on buddy i'm the reason you have any at all and now you have alot to say when your 6x lol your welcome you old fk
i missed out on doge by doubting it, i’m not missing out on my boy 🐕
i wonder what a robinhood listing would do to the price????
just going to keep adding to it. no matter the price
everyone buy what you can and hold! if we increase the average hold time more, people will take us more seriously. we are way ahead of what has been predicted by most websites, and we outgrew elon! we can do this!
ok just bought another 1k of shiba let’s hope robinhood listing makes it fkng boom
wait for the dip to buy
anyone wanna throw in
yeah they have small quizzes you can take
£500 more added. up to 23m now.
50 mil comin in!
im actually really impressed with reddits chat feature.
just went over 55
i want shib to be on rh so i can use my
stores across the world are starting to accept shib as payment. that’s how you know it’s important and more useful than doge
trust me bro everyone takes shib
as much money as we have all made, lets all put in
just bought another . not much but it’s what i can afford
i'm be in a 2003 jeep still baby
im getting a rolls truck
we are dropping a 0 at 2:30 a.m eastern time
we have a whole lot of zeros to go before it is too late. jump in, the water is green.
i will be holding and leaving my 5000 profit in shib. oh my god if this goes to .0001 i will be a multi millionaire
burning = good because it raises the price of the coinc?
fuck doge coin baby its shib now
dont show proof just donnt sell
i've been lmfao all night watching people spend 500k usd on shib
not selling until i never have to work again
theres ways around capital gain
55 million baby 😈😈😈😈😈😈😈😈😈😈😈😈😈😈😈😈😈😈
i was considering putting in like 20 bucks every payday, but i might say fuck it and put in 100
only put in 42 so far and already doubled my money let’s gooooo
what a way to wake up in europe
people hating on millionaires but if everyone here made millions trust me you want them loopholes lol
im actually scared to go to sleep
that pump just pushed us past usdc. officially top 10
guys should i sell my pokémon cards to buy more
we just hit 57 boys and girls!!!
i'm gonna sell a small bit at .01 to pay for college and hold the rest
doge is flipped bois.
alright boys and girls. enjoy that bull run!!! im out. we going to the f moon tonight!!!
god dammit it looks like i’m not sleeping much tonight
as soon as it his .00006 everyone i want to see rockets
i bought in again for 40.000😂😂😂😂
6120 on crypto 🚀🚀🚀🚀🚀🚀
60 soon fuck yah
this makes me horny
shod i fomo in ?
we're all gonna fucking dieeee! 😅
the whale’s sell off has nearly been nullified… 🤣🤣🤣🦍🦍💪🏾
.01 by december mark my words
my 🤷‍♂️ let’s goo
picked up 134 mil today 🤩
this is how the crypto pump is it’s not even alt season yet. imagine alt season
i was waiting for a dip when it hit .000037…... regretting not buying more then. there hasn’t been a dip yet 😂😂
this shit is keeping me up way too late.
i just traded my first born
i’m getting 10 scorts as soon as i hit the million
i can’t wait for my gtr’s license plate to say “c stdnt”
don't hate on the little people guys let doge be friends
officially sold doge and bought shib. every dog has his day
whoever was asking yes it means c student.
this sub needs a daily chat
just sold 200 doge for 200 shib rip doge
i bought 2 million. i want in on the hype
americas shift is over time for eu to hodl the line
84,000,000 shib right here just bought 70m to add to my 14
buy it as a long term savings account
this is nuts. wife said get shib. bought 9 dollars worth. then 1500 dollars worth yesterday. up 600. this is great.
shib or stick your dick in a blender
i hope we'll not dip so much today, i hope we'll get back to 6000
insanity is the next shib associated issues
if this hits .01 i’ll get shiba tattooed on my neck
if elon won’t buy shib, i won’t buy a tesla 🐕🐕
you dump we pump
what happened to diamond hands
i just bought the dip. dips more? i buy more. bigger dip? bigger buy. lose it all? that’s life it was a fun ride
you buy the dip, not sell
people are worried about nothing, my friends all bought in this morning at 45 and they’re still up so stop being snowflakes lfg
it's "hodl!!" for everyone until it dips like 1% lmao
so sad looked at my first purchase . i just dropped
buy more there is a nice dip
just bought another 25 million
i’m personally thankful for the correction. we can buy more with less money now we know it can be worth what it was
shibs on sale yall
the push us back. we push back hardwr
11.6 billion and we still holding baby!
economics lesson. i buy lambo for 200k. lambos go down in price over the next year. i still have lambo i've lost nothing. another year passes and lambo price goes over 200k. i then sell lambo for profit. only then have i gained something.
more of a playboy mansion owned by willy wonky for me
i will hold until shib reaches 10 cents
loldid the right thing
hodl 1 year minimum guys
some people here should also take a fibonacci tracement course or check out videos on youtube about it. it will help predict the market
robinhood reported terrible crypto numbers yesterday after the bell. this might help shib with a potential listing somewhere in the future
there is a doge coins person among us
anyone got a link to the rh listing petition?
would love to see it dip to 46 or 47
what if it does not dip
market crashed and shib recovered pretty good in a matter of minutes
who needs coffee when you wake up to this kind of action.
always just buy at every dip, don’t ever sell.
everyone go listen to shiba burn playlist on spotify 20 burn per song over 23h of play time= 7940 shib burn in total can mute it and still burn and trade 🤙🏻🤙🏻
i just woke up what did y'all do !!!! so happy and so sad i wanted to buy some this morning
who is this elon you speak of? i know no elon, i know only shytoshi
30k for degree certification or 30k into shib and retire by 2022?
i do not know about co-exist, but i know we exist to fuck doge!
im sitting pretty with 5 mil shib. i know i wont hit a million, but i can only put down what i can afford and when i get paid ill put . i just want to watch it grow even if we hit one cent.
hire a tax guy
and for those considering investing, please for the love of all shibas everywhere - please please please do not spend your rent-money or take up loans, it is still a "gamble" at the end of the day. think of it as your casino budget silly money and have fun :)
hydrate. rest. don’t stare at the chart all day. this thing will do what it does. there is still growth coming.
yo!!! florida here - just waking up — ans before i kiss my husband gm…i check my shib. what the actual fuck is happening!!! yooo
i do not mind billionaires as long as they pay taxes like everyone else
u, most new millionaires lose all of their money the first 2 years, because the money came by luck, not skills. so...use the money to buy a crappy old house, fix it up, make it yours by hard work (and pay only yourself, not the "man) and all earnings go into your pockets :)
u, our shiba inu coin needs to be traded and used a lot, the more people use it for speculation and investment, the more popular it becomes, and we ultimatively become stronger in the long run. go shiba!
just laugh at them from your penthouse balcony in a year
u, they all wish they invested 8 years ago...welcome to life xd
u're smarter than me then, i have 11 shitcoins i'm in my portfolio, 4 of them are doing really well right now, the others...not so much, but they are stable.
u. property is where the real money is, renting out is gold, but it is hard work, and the beginning steps are the hardest. i know a guy with 500+ properties,he does exactly that, but he also manages it himself, he hired a hoarde of pensioners (old retired folks) to do the fixing...
just read a headline from 13 hours ago. shib sponsor ship with nexusaurora. who are building mars rover. guess the moon is only a brief stop. to mars we go!
so guys i heard shiba going up after minor bitcoin dips because when bitcoin owners take profits they dump in coin that self sustained and that is very heavily pointed toward shiba right now...
wake up, take shower, get out of shower, check shib, nutt in underwear...*sigh*... retake shower...
u, and of course i bought in at 0.64 being the n00b that i was (still am)... hahaha ya gotta learn to take a few hits before you get it, thats a part of life. my canadian buddy just got so annoyed with us hitting 59 that he just fomo'ed right into it at that price xd
i love it! gonna go buy some beers now to celebrate with you guys...later chat!
think a realistic mc will be around 50b, that will put us right above xrp. that'll be reachable with this hype
done! just bought !
600 more in... i bought .000005
nexus aurora partnership pushed shib a lot farther than i thought it would lol
coinbase is fucked right now lol, almost every coin is in the red except shib and a few others
even btc... people is moving money out...
i just know this thing is going to at least .001 maybe not today maybe next week and for sure not next month, but someday i will be champion
selling is not the way
let’s all burn 50% of what we have!!
there’s so many in circulation still. go buy and burn. i’ll hold for you.
i did the math, reaching 1 cent will require burning 89% of all shibs, and the market cap will still be around 500b all numbers are cad 😁
market is red. and guess which one is green 🍏 💎✊🏼
ringaling on my dingaling we could hit new ath any second
let us get to .00006! so closeee
im thinkin of selling my doge and buying more shibs...
do not sell hodl! fight the fomo
i’ll admit i was late to the game… wasn’t going to even get in but i hold a small bag now
literally coming up on doges ass
seriously tho. what caused this jump?
another jump we just ate .00006 on to .00007
i just dropped a grand into shiba right now, 2 grand on shiba here we go moon moon moon moon
let’s just break top 10
i want it to hit .50. i’ll retire happy. pull half out and let the rest keep building.
hodl hard for the shib family!
today price its tomorrrow dip !!!!!!!!!!!!!!!!!!
erasing a zero by the end of the year is possible
hell it might even happen next week lmao!
nothing stops us not even the piece of crap elon
the dip is right now! cause it’s only going up!!!!
i left doge because of elon tbh
lmao "lambo dreams". i got "pay off student loan dreams" 🤣😭 screw america
if i get enough for a lambo i’m putting a shiba inu on the hood
yes dump all those shit coins... buy the shiba inuuuuuuuuu
we must beat doge marketcap. hodl!!!
wowwww all i have to say to the guys on r lolllllzzzz. roflmfao 🤣🤣🤣🤣🤣😂😂😂😂😂
do not need rh but would be good fuel for the rocket
we doing our part europe
has everyone signed the rh petition?
i hope elon stays tf away from us tbh
no one is selling anything. amazing
shib single handedly saving my account 🦀🦀🦀
buy and hodl do not sell, resist the urge for a quick profit and get bigger profits!!!
buy and hold buy and hold buy and hold people
dave chapelle is a funny guy
0.07 lets go mfffff
more shiba needs burning. whales need to buy and put em out of circulation to rocket the price
odds of dropping a zero before end of year?
during the summer i spoke with a psychic.(for fun i do not believe in it) she told me that next year i will be getting a life changing amount of $$$. could this be it 😱😱
we just might be getting ready for a parabolic run folks
1bill and not fucking leaving! 🚀🚀🚀🚀
i paperhanded doge and bought shiba a week ago
coinbase app down for anybody else?
is anyone else's coinbase app running relatively slow?
glad to be here ya’ll ♡
are we still holding?
doge is dying and those monkeys need to come join us for the ride of the century! 💎💎💎👋👋👋🚀🚀🚀🚀
buy now or cry later
must be jeff bezos blindly attacking elon and will come out a holder once we take doges position 😂
i put in ’m already up to . damn guys good work 👍🏼
we can get to 0.25. nobody said doge could get there either. but shib will stop at .01 if you stop at .01. we all need to hodl and we go to the moon together
my canadian friend said he wanted to wait the dip on 54...he bought in at 56...now he is smiling
here comes the second leg up. sell wall being destroyed
25 billion market cap is nothing. we're taking the mc to 300 billion
just got me another 10mil coins! holly hell i’m so nervous, this is my first investment with 27 years! 😅
grabbing another million just for fun. any minute
yeah we dont need melon husk
holy crap! just logged in and saw shib +100%!!! what the heck happened in two days???
i bought 340 million shib six weeks ago on a whim. can’t believe what i’m seeing! hold the line!
still 6 billion to go on coinmarketcap to flip doge
it’s going to be a good christmas boys! 🍾🤑
**buy now there will be no dip**
lol we broke coinbase
never joined early when i could of… should i drop a bag right now?
all gas no brakes
but anyway i really hope this takes off even for late comers like me
have only 4 million but adding more. happy to be here. this is the beginning!! hold!
fighting with coinbase because they have fake "failed payments" from yesterday's downtime. buy high hold!
i just do not want a coin that worships elon and is made or broken on his dumb tweets
are we gonna hodl when it reaches 0.01? or sell?
fuck a lalmbo, trying to pay off my parent's and my house
u, i got 30 percent off the price of a new car because it was a show car, and a little known secret people do not know, they are thinking they are getting a used car, but the reality is that a show car is the best purchase you can buy, because it will quite literally never break down :)
rip those that sold
where's the fella that sold for 1.1million profit yesterday? i bet he is pissed today. i mean, not that pissed, he profit 1 mill+, but would of been another few
erase a zero by november!
6m here, will be buying more each week!
everyones red except shib lol like what the flying hell is going on with this coin
ladies are brothers too
coinbase down for anyone else?
the 1% is pissed off right now🤣🤣
just bought 15 more mil!
the "what can we realistically..." is just asking for a guess. no one really knows. at each big ath you'll see a sell off as people take their gamble on this being the most realistic high. literally no one knows where this can go and when to sell.
showing up to the 1% neighborhood like “wuddup i got a big 🐔”
i keep expecting this to dip when i check but goddam
hodl to at least .01!
can stop shib now 💪🏼
gonna go to work today with a smile on my face today... just one more year... :)
just worked for 3 hours and i saw 6610. what the fuck. you amazing bastards. i love you bro!!
should i sell my doge and dump it into shiba?
there is no hodl, there is only buy
i'm in at 1 billion, i'm not selling
1-30 mill is awesome, keep hodl'ing. we're over 800.000 army strong! no whales, just us little people! and we're going to shake the grounds on the entire planet!
doge went up 5% right now this means you can sell doge to get more shib
when i make my first million off shiba i'm getting a shiba tattoo
settle the fuck down this is not even close to what it will do in coming months.
how am i supposed to buy the dip when this shit has been ripping for a straight week???
it is pretty exciting right now
guys we can make this hit whatever we want, just have to be wiling to buy and hold!
the price only stops going up when we stop buying
i’m so conflicted do i buy more now or wait for the dip after 70
fuck rh. that's when you'll see the pump and dump start. we do not want em
mini tribal... gunga chucka gunga chucka
i look away for 2 seconds and it dipped then went back up i’m triggered
just dropped another 2000
converted many other coins to shib!!!!
crazy thing is alt season is not even in full effect
we pass doge at about .000084
scared money dont make money, holdddd
diamond hands right here i’ve still got
i can taste it
today is a bones day friends. i woke up to shib being amazing, i got tax returns finally. i might buy more!!
putting in another 1000usd
fucking shib!!! i got in at .00002723 still holding
we all need to spread this emotion to the rest of internet
step one. sell everything step two. buy shib step three. fuck bitches
coinspot is what i’m using
what’s in your wallet? 140m shib here
coinbase know they cant pay out to this many millionaires
if we keep up the pressure today and tomorrow we’re burning another zero then it’s .01 and beyond! fuck tha haters 🎉🎉🎉
fuck fomo, tonight we shib
we’re about to be all over the news
in all honesty, i just need enough to flip off my sister for telling me i’m dumb for buying in 😂
[cyrpto.com]( has shit the bed lol
we should all buy more, even small amounts will help the hype going 🔥 also getting friends to join our army so grow
shits so real right now... all the crypto apps are glitching we could go parabolic tonight
coinbase is working for me, i’m buying with apple pay
hold and buy , there is no sell!!!
buy the peek it’s tomorrow’s dip!
fuck i can’t take it anymore, my heart ❤️ lol
is crypto.com down for anyone?
we also have some apes from amc on our side now
you can’t even call these pussy things dips
sell you daughters and wives: buy shib
lol that dip lasted 30 sec haha
these 4 zeros would not last for tonlong
the apps cannot keep up with the price... parabolic
buy burn hodl buy some more and hodl to the milky way 🚀🚀🚀💫💫💫
i just ejaculated on my laptop
💰💰💰💰the lord jesus christ is helping us defeat the democrats with shib!!! it will make us all as rich at mr trump💎💎💎💎
i was going to the gym, had to stop on the way. converting my last doge now
guys the whole market is down except for shiba
💎💎💎💎💎buy buy buy youre making me rich!!! i think these are great prices 💎💎💎💎💎 thank you thank you thank you for buying. keep it up!!! in at .000008 hahahaha gimmie gimmie gimme
tell everyone you know to buy more
bought 158,000,000 shares around .00004. this could be life-changing!
fuck waiting on the dip my guys it is only a matter a tome before a few hundred dollars would not be able to buy you a few million coins anymore
as soon we se paper hand shiba army unite and put 10
if the app glitches, then you should glitch too
this is not the top. keep buying and you’ll be rich!!!!! we are the smart ones 💎💎💎💎💎💎
spam buy spam buy
pump it up, you got to pump it up
we spammed down the crypto.com
went full whale and just purchased 37.45 to bring my bank acount to an even number and help for another shib ape thats wont be able to cover their whole 20🤘🚀🚀🚀
was a joke i just have 219million😞😞😞
spooktober? more like shibtober
we will get a parabolic candle tonight
because everyone is buying
i'm on binance right now watching shib wtf are you talking about?
no option for shib, is that what he means?
go go shib army
putting in another 500 bucks tomorrow
if you think we’re taking off right now, just wait til we’re on robinhood 🚀🚀🚀
i'm getting whatever color lambo my enemies moms toes are painted! 😁
but the rumour, sell the news
i'm sat in my underwear eating pizza watching this. what a day haha
then onward to .001
doge has a market cap of 31b while shiba has a market cap of 26b
4 millionen bought lets goooo
so is it possible people selling some bitcion to buy us?
i'm naming my siba nancy pelosi because shes a bitch!
hey guys when we’re all millionaires can we support another amazing project nftart? most nft art owners are shib supporters too.
respect doge but we are about to drop the most dank memes in crypto history when we pass them. js
[ i'm glad to see that shib is the only coin highlighted in green!! to the moon mfcrs!!!
i told my parents about shib and they both bought some
guys…. i love you
we don't need robinhood 🦊
these dips getting bought up
last chance for thiscounts on your moon tickets boys
what is the value now?
1.2 billion left on coinbase till market cap reached let’s go!!!!!
shebus christ will get us to
trending on twitter & we just made cnn
3 billion shib at .0000065 im on the moon!!!💎💎💎
we'll go up when the stock market closes
16 mill and holding got in at .000003
this is looking like another 3 day 350%+ run
i told y’all we really not playin anymore 😈🚀🚀
yall keep hodl 🦊 we are a strong army 💪🏼
4pm wall street in ny closes
shiba, you little murder puppy you
i don’t care so much of the pump lol just don’t sell
for shiba to reach 1 cent, it has to increase by around 150,000%. 10,000% percent from now is the more realistic all time increase at the moment but that is still a ton of money for shibs who hold. take your current portfolio and multiply it by 500%
i'm wondering how they will implement more burn
extermination of the paper hands
it will hit 70 by 4:30pm is my prediction
do the technicals we going up 🚀🚀🚀
hodl till next year fam 😁
alex play “let it burn”
if this hits 1 cent, i will have made .8million
wow power of shib! overall 24 hr market volume high but all the other coins are down. so you know where that volume comes from. lol
shib can hit *believe*
i got 19m… that good enough? can’t afford more.
if i use my last money and this dips, ill be homeless and my wife will leave me guys.
that zero will be eaten out so hard
this better soar bc i've done literally no work today watching this shit
help me buy two single houses hahaa
.01. .01. let the lambo reving begunnnn
10? cmon buy 1k
are we really gonna use our earnings to help our community. because i wouldn’t mind getting speed bumps for my neighborhood
maybe he knows something we don’t
8 k up im not sellin
what’s all the hype?
i wish to drop a real engine in a big wheel and have a custom license plate that says “man child”
i was in before the hype
i hope elon eats dirt
i just told my teachers and family to buy at least 10 dollars
we are the worker class! vox populi vox dei!!! we have the power!
i bet doge people are migrating
they could burn mass amounts
shiba is technically superior to doge and has a more active dev team
we all blessings each other now keep pumping it boys
i am going to buy now i hate money
i need another zero or two on my holdings
shibaaaaa to fucking mars
lol look at them downvotes , and your going to lose out on money if you do not .
coinbase have it at over .70
what would yall do with the shib you have?
push it to the limit!
governments on your side retard. its just been infiltrated by private interest.
this is fun and all but my tokens are my rarest of pokémon cards
i like whales 🐳 i like rockets 🚀 too! i like to buy shiba! i like diamond 💎 hands the best
what we really need to do is burn supply
exactly how is the burn going to happen. that’s when the real money will come in
man im about to double my money
how can we as part of the shib army help burn coin ?
coinbase have it at .73
if you sell now you will buy back when we eat another zero... dont be paper
we gonna be millionares
coinbase is the bomb. plus you can take learn and earn classes and use the crypto and put it in shib
coinbase is nice to get free coins to convert especially if you do not want to spend any money
unless it goes to .000029 i have nothing to worry about i’m still up hopefully most have been in
we're going to the moon, 1 penny
.2 and i’ll be seeing y’all in fiji lol
just slammed another 's throat, keep going!!📈📈📈
i fucking love this group
time to roll me a blunt, sit back, and watch the launch
i’m at 2.5 mil shiba, is that profitable?
0.05 is a huge dream
if robinhood gets in we have potential to maximize gains because of crypto kiddies, fuck rh tho
hodl hodl hodl and buy dips. show some strong diamond ape hands
everyone will sell doge for shib.
if they can hit .737cent we can do it too in less than a year !!!! buy and hold shibaarmy ❤️
let the posers sell, we'll be kings when they are gone
.07 works for me
today is going to bring a whole lot of attention to the shib
only the weak sell!
drags knuckles with the force of a million suns.
am not no sleeping on this rocketship. yeeeeehaawww
nothing can stop us
whatup hood? did someone said all time high?! $$$
let us eat that 0
we need to consolidate every each major jump or we will crash hard.
cash in that sweet dip
its about to drop a fucking zero again in cad
yo folks, bought .00007 am i dead ?
guys help, im trying to sell but i cant type with these diamond hands
should i buy more'??????
i bought during this rally. only gains since
friday will be huuuge for shib. its pay day and the end of the month, there will be loots of buying
have xx,xxx,xxxxxxxxx shib bought at .000006, 7 and 9 just sitting in a wallet waiting for mars transfer.
live on the edge and get stupid foking rich
doge is down they’re saying all the moneys going to shib
we need another hodl in chat
i love this game
now we are seeing why shiba is called doge killer. doge is down due to buying frenzy of shiba.
all the months of buying during the consolidation payed off 🤧🤧
fk it another 1k going in .
i staked my shiba inu for 90 days locked. am i a soldier of shiba army now? :)
that fucking line boys and girls 💎✊🏼
let me fuckin buyyyyy
shibarmy we did it ❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️
that fuckng graph is going to explode!
we eating that zero by morning if not sooner!
hodl 🚀 hodl 🚀 hodl 🚀
time to run outside and scream then back to rolling blunts
i just want to be rich to send my wife and her boy friend on trips so i can fish
investor bros from 6months back come crawling
just had a beer with the wife’s boy friend he said he hopes i get rich
trying to fucking buy on this dip fucking coinbase
buy the dip .
crypto.com would not even load 🤣this is amazing, i never expected this
b u y m o r e
the red candles are false because all the exchanges have crashed. looks like we broke the internet.
and then boom the world wide emp hits… still holding
coinbase is working for me
shib is burning it all down!
dont sell hodl like a mf
we are dropping that 0 today, and when we do hodl hodl hodl hodl hodl do not sell
need to force myself away
i liquidated my cryptos 2 weeks ago for shib :)
500 million more and we pass doge, come on guys we can do it!!
i've held gme since january i can hold this til 0 if i need, i'm getting rich or going broke trying
shib is the only coin this cheap tha has the name recognition it does... i cannot think of any others...
random loss of support tells me $
didn't doge break an app like this before? or was it gamestop and amc with robinhood?
the week isn’t over guys. hodl
be zen like monke
alright gonna get on new world and pretend tendies go up when im not looking
saw a post robinhood announcing
guys use binance or webull to follow prices
party at my house when we hit 0.01 and we all rich
remember, you can always make back a small investment in a week or so by working, but it is rare an opportunity comes along to turn a small investment into life changing money
im using coinmarketcap to watch price, stop refreshing the exchanges so they can get them back up
i just told my buddy about the insane ups today because his paper hands sold after he made 400 prof and i tried and tried to keep him on but he just didnt believe the dream
shib is not only the dogecoin killer but the destroyer of crypto sites 😂😂😂😂
idk why “sell” is even in y’all vocabulary!
just put in another 200🥂🚀🚀🥂🥂
bruhhh the crypto app crashed lol
for once robinhood is not crashing
the bots are here
we're sitting at 75 right now
i dont think anyones panicking? we just salty we cant buy???
order. if you're not buying do not use the app to slow down a fellow brothers and sisters. don't keep refreshing use tradingview or something way better
like seriously. go make a drink and come back in 20 and it will be good
i shall buy more
doesn't matter if it drops, we will just buy more and it will go back up
i can trade on coinbase again! buy and hodl!
shib on sale people
look at that juicy dip bois, buyyyy
it hit 0.0001 in canadian
coinbase won’t let me deposit
it is back up to 000074
someone just bought 3 billion
they tried to fuck us bois lmao not today
i know you can see us coinbase
gotta go... later! hodl!!
we can only spectate the price at the moment lmao
imagine if shib sold on rh and they would slap a limit on how much you could buy. no way.
doge has been stagnant, shiba is the immediate future
it’s blowing up again 0.08
doge made it to .70s. we can make it to pennies
this pupper hitting a hundredth of a cent before tonight
orders are to fucking hodl until 0.1
u gonna have to pry shib from my hands
i’m so mad i can’t get into crypto com
we at 8500 now
my son asked me to buy him . i have 4.4m shib. i hope we hit it big so he doesn’t have to go to military for college.
holy shit we did overtake doge
coinbase is working for me, though there some some crazy buys and sells right now…. wtf….
ok everyone that is got over 20 mil stake it now and buy what you can hold the damn line
good time to buy a dip.
yeah this is a huge thiscount now
look at all these sad paper hands, meanwhile us chads are buying more
if it dips any more i think im gonna run out of money
i smell a pump
once the media starts spreading this around... 🚀🚀🚀🚀🚀
now that coinbase is working again maybe i can jump back in
papa needs a brand new camry
just don’t be cats and fucking hodl
best ways around the coinbase fees when i eventually sell for my millions?
and remember that you never win selling and trying to buy back later. just wait and hodl
if you must set up buy and sell limits. get out if you need to but otherwise hold strong. we are an army of holders waiting to strike
i'll be happy to finally have some money working for me instead of the other way around.
we have major support at 6500
7500 is the new wall
broke out of bull flag to the downside. buckle up for some red dildos
seriously considering selling my doge and put it in shib
waiting for the international markets to start soon!
if we do not go below 7000, should see another 30-70% gain.
this is not the stock market lol
just hold. that’s it. i’m up $$,$$$. this is applicable to stocks and crypto.
ain't no panic selling cause no one wants to buy back in high
400 bucks of shib 3 days ago is almost 1000usd
that shows you how fast it is going
it's about goto 9s
i reckon we could go to 90 now.
we about to break a zero 🤯
what's now happening to shib is entirely unique, i do not think this oppertunity will come again very soon
if you guys like to fuck just put 10 in right now
shibu is the truth my guy , already smoked on doge pack earlier today
haha yep you're right we're not sleeping! i cannot stop buying
after last time with doge and gamestop, i am never missing out on the rocket of hype ever again
not to mention the momentum and trend now on shib
where are all our asian and eastern europeans shib army!!!!!???? time for a late night ( early morning rally. 🚀🚀🚀
if we wake up to 0001 holyshit
that next zero is shaking in its boots
i think we should all come up with a gameplan on what to do with and how to ultimately get our money out without paying half of it in taxes when the time comes
i fucking love my the shibarmy
idk what's happening, this is defying all laws of crypto :\\
fk yeah i'll chip in on the yacht
i do not wanna go to sleep because i want to witness it hitting 9😭
we're starting to lift off again .
buy more whilst it is so cheap .
sold all my doge just waiting for the transfer then all in shib
i predicted we'd eat the zero for breakfast
bought another 20mill! let’s goooooooo!
well shit all my pending transaction all went through finally
ill be adding a cool benjamin a week
the more i put more goes up!
we about to eat xrp
on popularity. this feels historic
usdc is pretty reliable stays at the same price as american currency .
ooooo that dip was a good one😭 71 hollaaaa
so do not freak out now
is this still a buy?
hodl shiba and let the supply burn
just bought 4 million
guys shib is a good long term buy. but do not forget to hedge with other investments. do not day dream of shib going to 0.01 anytime soon. remember the following price point and cap relationship: .001== , .01 == .4t, .1 ==
yeah it’s a slow day definitely not seeing the hype we had yesterday
since this chat is dying is there another live chat active
55 was probably the lowest. hope yall bought some with your nice lil thiscount!
its going up now huh
hodl or buy! 💎🙌🏼
i’m dumping 7500! got to take the cash to the bank!!
just thinking to put my 10k euro from vechain to shib but idk
i think it will hit 90 by late tonight.
please do not put your life savings into this, i believe in it but only invest when you can afford to lose
why are most people saying it is almost impossible for shib to hit .01? genuinely curious
i'm going to name mine nancy pelosi because she is a bitch!
i just sold my wife on the black market for shib
maybe it will skip a bunch of zeros and go to .10
just a matter of time before a correction. don’t be afraid to take profits if it could change your life!
omg i’ve been trying to buy dips, and there aren’t any. but i feel like it’s way too fast up, and options expire this thursday night, so it’s gotta crash hard too right? i’ve can’t sleep fomoing for the past month but doge debacle really made me scared to buy at the top
when is the dip coming? or a correction of sorts? scary buying a coin up 30%…
love to 🇮🇳 from the 🇺🇸!
anyone saying they bought another “800 million” are lies
the whales are the gay vip dudes from squid game
i sold half thinking i could buy back in, boy was i wrong lmao
i'm not selling mine, i learned from earlier mistakes...
sorry to burst your bubble, but .01 is not realistic, not even in 2 years, because we still have over 3 trillion tokens, there is no way we'll get to 0.01 with that many tokens. it needs to burn before that happens. but ...shib are still cheap, and it will make a lot of millionaires for sure :d
i’m holding till 10 cents
my lord and savior jesus christ is with us
start pounding on war drums
euros woke up lol
keep this up and you won’t be europoors and we won’t be ameripoors anymore.
bam!!! , gotta love them europeans.
how many lambos can fit on the moon
guys i need emotional support before i wake up the entire family!!!!!
finally broke through .00005
gonna roll my btc over for the ride i think. a 10x on this would be life changing.
beating chest in approval at shib 🚀🦍🚀🚀🦍🦍🚀 let’s fuckin gooooo!!
great time to buy
i dont think my heart can handle this kind of excitement
everyone hates shib for some reason
many erectus tonitus green stiffy
buy and hodl, buy and hodl 🌛🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
thank you holy shib
it will go up to 0.005 one day
asia constantly pumps to new ath europe & americas always panic sell
pull skin back to the moon!!!! 🚀🚀🚀🚀🚀🚀
u'll match you bro
what if it minds moons before jan and ask my shit is staked and i cannot touch it😖
fuck should i invest
ok bet it’s a little nerve wracking bc it’s getting so much hype 😢
i’m bout to drop ’ll put me at about 15mil coins , i’m way lower than a lot of you
just bought another .
just keep buying what you can every week when you get paid, if everyone does this we'll be at a penny in a few years.
this is t h e dip 🚀
at the rate shibs going, i’m going to have more shiba than eth
i just bought at the peak(the dip)
but y’all should buy
anyone else rich asf on voyager.com than in real life 🤣
the day it hits 1 cent i am going to scream my lungs out
i'll buy 30 if someone else does
dude, what the actual fuck
i could sell and buy 700 loosely cigarettes. that’s like a day of cigarettes or more
about to drop a couple more hundred. this price will be looked at as a bargain later on
holding 28m shib here. solid day today, let us go!
selling all stonks at open tomorrow to throw at the shib
just bought 748,016. flipped from other coins
i put 20 down rn feeling like i’m buying some operator skinz on warzone
i want a shib tshirt
trough the roof so i can quit my shitty job at amazon and do what fulfills me in life. painting minies and playing dnd with me friends.
we all have different definitions of what "life changing" means. that said, do remember why you invested in this and try to hold to the best of your abilities.
ppl who sell too early regret it for the rest of their lives. i do not want to be that person.
if everyone throws , we can move this bad boy up some more
i need shib profits to wash away my drug money
financial freedom here we come baby!
this is my first investment w. modest, but im up from 400 to 1k so far.
sorry that was me executing a whale purchase
i'm almost about to sell my gaming pc to buy more shib
how long did it take for doge to break the 0.01 mark ?
rh could be a crutch for shib since robinhood folk have the most papery of paper hands
buy and hold can’t sell
i have a lot of shib and i’m not selling
i’m holding for everyone
whales popping 2.6 bil purchase just now
whales want money too. they are not stupid
i realized how many people have less than 1 million shib
crypto dips is the nature of the beast. you buy more during the dips
when we get pushed back, we push back harder
i wanna buy moreeeeeeeeeee
hodling for atleast another year...has a ways to go
shiba let the barking begin
let’s eat 2 zeros 😉
this is a 365 day super play...patience
hold & buy buy & hold
holding enough to pay off my debt when it moons hard
how many holders added you guys think if hood adds shib?
trading at .000057 in europe
yeah hold for your life, dips will happen but we can just ride them out
give me that reward money each month
i love the "we are in this together" shibarmy's spirit
we don’t need elon
i'm supposed to be buying a house soon but shib is calling my name
bro i hate y’all i research tokens forever and y’all yolo and make bank i’m so jealous
the crazy part, if we hit 0.01 then literally it will only spike up from there. all of us holding right now are gonna be... lambo
i hope we can eat 3 more 0s 👌🏼
robinhood spam so shiba can get listed! then we all will become millionaires
restaurant in france accepts shib coin as payment... more accepted by society. if it hits 0,50 i will dance naked on my work and take a shib tattoo 🤣
i use [crypto.com]( and coinbase to buy my shib
spread out your buys
alright boys. finna hit the hay
yoo guys what are we thinking about shiba right now?
i’m throw 3 racks on it fuck it guys i’m going in balls deep in a few hours once i can dump this pokadot trade
why did shiba go up?
who is ready to eat a 0
i think shiba will be big. everyone who doubted gamestop and doge and missed out have another chance
get shib to the top 5
student loans for me 😭 if i have enough leftover i'll buy a house
i spent like 1000 or something and now 6000 i have ❤️😍... people's coin
when will robinhood add shiba? anyone knows?
...can someone tell me what a gas fee is? i'm still pretty new to this
noone knows when roninhood will add shib besides robinhood. take a chance on the fun ride before it takes off
coinbase pro does not have fees unless they changed it recently
when i become rich and bored i'm gonna make shib games
i want to go to japan and more so korea
once shiba turns us rich let us all buy some teslas only if elon accepts shib
shib got me fully bricked up rn
just bought 5 more mill …. im broke now but ill hold
i might be stupid but i just bought some shib lol
55 on the way folks
lets all put in 10 dollars, mini pump :p
i pulled out 2k from savings to throw into shiba tonight. i’ve made more already in 45 minutes than i would have in a year of interest. nice.
damn i cant sleep
let’s gooooooooooooo we are steady rockin to droppin a new zero
should i pull out my 3k profit and put in 600 again right now? i bought when it was at 5 zeroes. i just don’t really wanna lose money😂
i don’t wanna go to bed and it crash
take your initial 600 out buy a nice dinner let the rest fly to the moon
just hold, its really that simple
were not far away from doge
no sleep til the moon!
you want that zero eaten? well just hold then... youre 50 dollars means alot to shib army...
i’m buying more as soon as my crypto buying power clears
this is not a pump dump coin. we dont need that in here. thanks
i pooped that’s why it went up
let’s make shib go up more so my boyfriend will finally buy me a promise ring
i need a shiba inu to the moon shirt asap
apparently 4 told 5 to move up ahead
if we win, strippers and booze for everyone
what is reasonable?, 0.000060 today?
lambos suck tho. cost too much to maintain and they loose value. buy a lexus lfa or a porsche gt3 rs
we will let the other side of the world take for now good night boys
i’m buying a clean fox body and i’m happy
so happy for all our family. stay invested. pleeeeeeease! it'll be worth it
for fuck sakes do i sell or hodl
hello everyone, can some one tell me if it’s realistically possible shib can go past .001, or is there a limit due to market cap? help
what the fucking fuck is going on
rappers will be holding up shiba inu instead of dollar bills in the future
...how do you burn shib anyhow?
if celebrities start getting into shib it can definitely take off quickly
just woke up here …. what a beautiful sight to wake up to 🚀🚀🚀
if it reached 's gdp 10x over. hitting 0.01 is still 4 trillion
dont you fn retards go and sell now. late to the party, but im deep fn in.
i'm waiting for the dip. i have such a small stake in shib. i wanted to get more but did not . regret
huge wall up to 0.000055
these kids think its all sell and withdraw without paying uncle sam their cut. everyone needs guidance
fuck elon - but seriously y’all i gotta pull out i barley held past 43 now 54 and i’m 8x i’m out!! i’m rich beaaatch!!
let's gooooo. i wanna lose a fn zero by this time tomorrow. wake up europe. pump this.
shib has awoken, the people have spoken, get your tokens!!!
i have 20.000.000 about shiba
just boughti 30mil more.
my car just got tottalled but atrleast shib is going up :d
most people are waiting for one cent
this is europe waking up.
any apes hodling gme, amc, and shib also?
this the best midnight poptart ive had in a while
i think its going to push again.
11,113,803 shib burned the past hour. whoever that is. is the goat
i’m hodling my 14 million
going to bed at 6
wow this brightened up my work day
i need to go to sleep but can’t stop watching my shib moon 😩
37 million of my shibs are running wild !
i heard about shib going to rh but i haven’t seen any evidence of it being true
bro coinbase just took my shares
fuck do i buy more rn
all need to relax. every action will have a reaction and it will come back down again once this run is over and then go again. 2 days from now many people will ask why it is going down again. this is normal
gotta give it up for europe. y’all been killing it these past few days.
oh well still up 876% on avarage
i was hype about .00005 now we’re almost at .00006
or should i buy more now
my 500 is now 1800!! let’s goooo
0.0001 here we come
coinbase took a wee little shit on my purchase
dead at the name u
literally put 600 into shib 4 days ago and i'm already at a grand it is my first crypto too
i think that is...too... optimistic
are shib and we are making history together now 😎
bought 10 million more
we don’t need robinhood
but the top, but the dip, buy the rumor, buy the news
put .5 k in more when it was at .000042 lfg 🐶🚀🚀🐶 sitting on 300 million coins
its like xmas eve i cannot sleep
so sorry to say. but many many dogecoin owner will sell of to buy in on shib. and they are so welcome to us and to be wealthy
this is just the beginning
cmon baby keep goin papi wants a golf r
how high do you think it will go tonight before it falls
like i said on the posts yesterday the dip is the price of the day of you will never get anything lower again!
the hourly chart looks like my ekg results after a night of blow and hookers. 6000 coming soon
all buy buy buy push it over 6000!!!!
shib is the gift that keeps on giving. . .
selling everything to buy shib.
converted my xlm for more shib
what color lamborghini are you guys gonna buy this weekend?
did it just hit .00006 briefly??
and now have over 60k wtfff
i am not sellingg
well you guys gonna buy lambo? i like tesla cars tho but i hate elon whats the alternative electric car?
just sold the last of my doge hahhh
doge to the muddd
holding 72 million so far
i used to be scared of dips but now i get excited when i see em
000060 before 4:00am est i'm calling it.
i hope all your dreams come true friends, may we all prosper in shiba.
dis gun b gud
i can’t wait to start a shib yacht club
wolf of wall street? more like shib of crypto street
eat that zero (say it with me)
16.5m as my first recent purchase
doge joining shiba army! 🚀🚀🚀🦍🦍🦍💎💎😂😂🙌
i want caviar pizza bioootch!
hold the line!!! these gains are small to what’s in store. 💎 🖐🏻. imagine another zero, 2 zeros, 3 zeros. 4 eaten away. keep your eye on the big picture.
doge is dead. already killed by shiba
we need a shib hodler party
doritos and salsa is bomb
club shib in this biyyyytch!
how much we pumping at 3:50 am est?
’t the same now and the future,get it while you can.
bought for 600usd just now!!
it hit 0.00006 for a second
i’m building a hospital for sick children when we hit
i have 13 million. other have billions. worry about your affordable budget. spend what you can afford and be happy you get what you get. crypto is still a gamble no matter what. be smart
your karma will come back and reward you for doing a good thing
dont be sad, you did the right thing. parents goes 1st
did 800 an hour ago
just think when it does hit robinhood
not underestimate the power of the people! 🚀🚀🚀
i agree we should not mention doge nobody mention doge anymore doge
shibarmy eats the dips!
i’ve been around doge, amc, and gme. this price action is the most stable i’ve seen!
ive been warming up the engine for 1 month! :)
gvmnt , banks playing with our money, taxes, breaking my ass to pay for mofos that dont do shit in life...
yeah it will correct and then go up again
fuck it! i put my retirement in!! lezzz gooo!! i dont care if i go homeless
that doge killer type money
lmfao mines gonna be "drpout"
everyone selling their other coins to buy shib lol
buy high sell higher.
that's a decent amount. i have 25m and if shiba reaches a tenth of a cent, that is 250k for me, 190k for you. a hundredth of a cent gives me 25k, and you 19k.
it’s community standing against inflation tyranny federal legal loans that gets taxed 10% per dollar, stand against the 9-5 system of slavery
is it worth more than you paid for it ?
cause of the market cap
what the fuck do you know 😂
go for it! i just bought 11m
anyone holding is a legend my friend, big or small
dump that eth for shib
yippie yo yippie yay
investments are always a yolo. just say fuck.it and buy what you can afford to lose
if it hits .50c, i'll buy a yacht and put the shiba on it
they probably bought a chunk to sell, guessing that is why price is going up. or some whales bought into it expecting it to double or triple soon. expect good news imo
i split mine between shiba and eth2.0 since it pays 4.5% interest on coinbase
and adopt a fucking shiba
probably. will probably break another zero if rh brings it on board
we goin to .01 in 6 months or less
anything is possible. look at dogecoin hitting almost
14m gang rise up
prob a nice light teal. maybe a mclaren while i'm at it as well
buy high sell low my friend name of the game
if the total supply goes down by a lot, then we wouldn't need as high of a market cap right ?
the thing is - if someone sells a bag of money it will drop under 0.01 so it’s gonna take a while that everybody will be able to sell at this point. i’m waiting a little longer. only 1% of early bitcoin investors still holding bitcoin. i’m gonna be the 1% in shiba 💪🏻
.01 is for whimps, we gotta hodl past .10
gotta hold until next october to avoid capital gain taxes lol
planning to hold until we pass doge
my goal is to get out at .042069 and then get back in at .0420420
i will sell some to live a nice life and i will let more ride as well.
depends how i feel like the coin will go then. if i feel like it has potential to go 0.05, i’ll hold. if not, i’ll sell. if i’m feeling uncertain, i’ll sell off 57.6 million and hold onto 10 million
if we hit .01 by the first quarter of 2022, i’m almost certain it will cause sooooo much noise media wise that it will almost go to .02 or .04 within weeks of hitting .01!
i’ll hodl all the way to 1.00$🚀🚀💎
.01 will create a new era of whales. i plan to leverage my position at and make a living off of staking.
this is the next doge, we are going to the moon
some, not all. life changing money is at .01 so unfortunately i will have to shed some at that point.
i can truly say, i don’t know. i would like to say of course. but when those zeros start dropping off of shib and start showing up at the end of my portfolio balance, it makes it real difficult to know what i will do.
just remember, if it can hit 0.01, it can hit .25
at .0067 i wil me . in euro i need 0.0067 x 1.16 = .0079 i will hodl past my target? probably some of it.
cashing out my 100k.01. buying pizza and wine. extra long weekend rewatching anthony bourdain parts unknown. buy a vintage datsun. weird i know !!!
i’m not stopping at .01 no way … that’s change! rockets are more expensive than that!
.01 changes my life forever... .10 changes my kids life forever i hodl!!
yes, i need .1 to meet my goal
don’t dump it all at once, dca your way out. so you don’t miss aths!
yooooooooo, we are an unstoppable force
0.01 would be amazing but let’s eat first the zeroes before 😉
of course! why not, if we can hit 0.01 then we can hit 0.02. if we hit 0.02 then we can hit 0.03 and so on!
let's get to .0001 before we even think about 2 less zeros
coinbase now says asset not supported for shib? is this their circuit breaker?
yes man hodl forever 💎💎
i'll hodl until we beat bitcoin
we gonna hit that by friday! go bulls fu🐻‘s!!!!
well if you want life changing money, you had better hodl with severe patience.
i need at least 00.10
some, but at that point i'm out of debt so i need to do it. i've got the debt reduction amount in voyager, and some more in coinbase i'd hang on to.
why wouldn't we? shave some profits for some spending on things we want but keep letting it grow and keep getting gains. senseless to cash out fully if it is gonna keep growing more money. literally growing it on trees
definitely some, but it would be silly to sell it all. i still want skin in the game.
hodling well past .01
i need atleast 10 cents for life changing money.
i won’t be a millionaire till 1.00 so yeah
never selling. i am going to use the shib in my account to buy things straight up. death to the dollar. want a lambo?? buy it straight up with shib, drive it with your middle finger directed at the banks
get me to .50.
me brother i will hold ...for the army...
i feel like i am doing something illegal watching my money go up like this 😂
.005 this the way
people who think they know market caps…... oh 400 trillion oh 1 quadrillion……. first of all if buyers always outpaces the sellers price will continue to go up and doesn’t necessarily mean that all the available tokens need to be bought……. not even taken in to consideration shib is a deflationary coin
if it looks like it’ll go past it absolutely
yesssss i willl !!
yes, but not the full bag. i got bills and dreams to pay for. that being said... i want to believe fundamentals play a part in making the 0.01 dream somewhat unattainable with the current supply, but i do not know what to believe anymore after today. i really hope we get there and beyond.
gonna sell 1 million shib at .01 and chill on the rest and see what happens if it hits .10, if it hits .10 then hello retirement at 29!
hodling on with my dear fucking life. i missed the opportunity with doge in the past, but never again. i would kill to see it hit .50 i’d be happy!
by time we get to .01, you’re going to have so many people buying in because they think .01 is a great price. every day you have a new person(s) investing in crypto. i’ll be holding 🚀
if we get to .69 then i'd be satisfied
hell to the yeah, i am
hodling for changing the world money! so past 0.01
absolutely. if it gets to .01 why stop there? it’ll mean it’s going to pass beyond that.
if doge can go from less than a cent to 3 quarters of a dollar because elon tweeted. then boy hardy you bet i'll be holding till at least 0.15c
i will be a millionaire at a penny. would be too tempting not to sell.
please stop using .01 as a reference of where to cash in. if you make people think .01 is the ceiling it will be. look at doge people said they are waiting for . if you are going to ask where people are selling use .01. the more people talk about shiba to .01 the harder it will be to get there or any higher
short answer yes. by then i’ll have so much made off of my initial investment that if it were to drop a little, i wouldn’t panic and continue to just hodl.
i was. now im holding past 10 cents
most want to hodl pas .01 sell when you need something keep the price stable we can all be happy with shib.
holding to .01 has always been my plan. at .01 i plan on taking out roughly 30% of my holding to pay off my land. after than i'm leaving it in for at least another year.
honestly, if it hits .01 i'll probably cash out a small bit to pay off my debts but i'll let the rest of it sit and grow.
this would not be popular i know but i'm out at .003, my plan has always been to pay off my debt and mortgage. i'm happy for folks to pass me by when shib breaks the cent mark but my personal end goal is not hold crypto ad-infinatum, but to use it to improve the quality of mine and my families lives.
i'm gonna partial hold, i really could use 50k to clear up medical bills, keep 5m sell 5m.
uh yeah… we’re in the rockies…. .10 sell a little. let the rest ride the wave to
i'd like a dollar... one cent is debt free. 5 cents retiring while i still have life in my bones. 10 cents is retiring in a month. a dollar changes the wealth for my family for at least a few generations.
this is likely bigger than doge can ever be.
please .01 is nothing i'm here for bitcoin prices.
yes and than i will sell it all and buy some more doge
yes!! if you don’t hold till .84 then you are nothing
gonna be amazing when more is burned and rh starts accepting
let’s lose a zero first!
doge even hit .76 so yeah, i'm gonna hold till then
i know what happens when a coin hits .01 and i fully intend to be here for it. .01 is chump change compared to where this will end up.
if shit coin doge can reach .75 so can we!!!!!
let’s be realistic. this thing is not getting anywhere near 1 cent within this decade. my price target is .001
definitely! i’m pretty sure girls will finally think i’m cool if they see my bag when shib hits .01$
after missing out on both bitcoin (it was like , and ) and doge (it was as almost cheap as shib is now when i first saw it) i'm holding it all until at least . not selling until i can buy myself and my family a nice house with some land.
im holding pass a dollar!!
heres the thing, even if it did reach .01 which i believe it will 100%. even if you have a few million what about taxes and all the other bs? anyone have any good ideas on how to deal with that?
i'm planning on selling 20% at 0.01 and holding the rest.
he'll yeah fick who doubted shib and our massive army whoopppp whoop
i'll shed some around then to at least say i made a profit, the rest is a hodl
i'll sell a few but i will keep a big part ✌🏻
i'll hold til i can retire comfortably! cause i will still work being as young as i am. i'd get bored retiring at 24
i'm ten toes down!
you gotta sell it at one point. too much greed is not good
i gotta be honest i think we run out of steam before that and never hit it just like dodge ran out of steam and did not reach a dollar. i'll just be following the money...
i know quite a few members that say yes we are hodl till moon at at least 10 cents.several people i talk to in daily life say this will happen
what are you doing shib bro???? damn straight i'm holding past .01!
i’ll hold some past .01
absolutely holding past .01
.001 along with everyone else that understands math🤣
shib was just mentioned on bloomberg radio!!
is it even possible to reach .01 without an unbelievably massive burn?
holding till .10 baby!!!!
the goal is pass doge and beyond.
holy fck a moly! i've only just checked the charts!!! wtf! it's like the whole market has crashed many they are all buying shib!!! moon bitches
the sky has no limit. 💎 🙌
100% will hold 50% of current bag
lol what’s a penny to me. if doge can hit 30 cents, so can this (in time)
sell a little, hodl the majority
at 0.01 i will probably sell 80-90% of my holdings. will keep some forever, will buy back again if it goes lower than 0.01. but i imagine a future where i would not have to sell at all.
shib should pass doge high time high of 0.74…
we are the better dog .20
after what doge did you would be stupid not to hold. and so far this coin is making doge it’s bitch.
probably, if it’s rolling that hard i’d already be so profit i’d have to see where it goes. i would prolly just sit in front of my ipad 24.
2 years later it will be like 0.1 ar least so yeah!
im holding pass 0.01. i think i've matured past the paper handed stage of crypto investing.
i'm gonna forget i have some.
of course! every penny up is . lol
80~85% yes but i’ll take some of those profits and buy a lot of land with the money i’ll have made just off the 15-20% i take out. gotta leave some in there for the dollar days in 2035.
holding for the 2025
i am going for diamond hands and balls to match.
paper is just paper
why sell 0.01 when i know i can hold to help others with retirement. hold, buy dip, this is the way
i am holding until
shiba is going reduce with 1 more 0 in a few days
i'm going to .50 cents
shib to the moon 🌙
thats my plan. but we will see once we start getting into having 50 or 60k, all talk for me rt now at 31 million coins
if we see a dollar i’ll be set for life
everyone here has a financial interest in saying yes, so, yes! honestly, it depends on a number of factors. but if a bunch of folks are selling right there, then it might not make sense to sell. if i think it will go up by 10x or whatever in the next few years, then heck no! even if it takes years to get to .05, that is still the best investment most of us could make.
yes once it passes 01 it’s going to .10 lol
honestly i'm waiting for 1$
till the wheels fall off to be exact
yes. to the penny and beyond 🚀🚀🚀🚀
diamond hands, wsb got their turn now its ours!
i think we should all agree to sail past the price of dodogecoin’s ath .80 :)
i'm gonna hodl for . i will trim, however, starting at .01.
duck yea. quack quack
don't know much about the whole market cap thing but i read where someone did the math at shiba at .02 would equal to all the money in the world. not sure if it is possible to go that high or beyond. also, did not do much research on this since everyone's predictions are just all over the place.
i only have 1 mil so i'm hodling to a
.01 wont even get you past the space junk in orbit. looking for a shinny 1964 quarter ms69 .25 to get to the moon. 🚀🚀🚀
yes ofcourse! i only have 6m coins so imma hodl past that!
just remember, if it can hit 0.00000000001 then it can hit 1,000,000,000,000,000! you people are delusional.
yes. .10 will come a few days after .01
blackrock aum is right at 9.2 trillion dollars. forget market caps. think aum.
i wouldn’t hold last .001 lol
i will hold forever, never selling, not for ,000,000 and certainly not for .01!!!!! letsss goooooo!
hodl and burn to .10!
realistically i plan to sell at .01 and throw half my profit back in around .05 then i hodl til
on the one hand, the sell wall at .01 would be the stuff of nightmares but on the other, if it was actually possible to hit .01, why not .02 or .05. don't know if it is actually possible but those are the sides of the selling
ofcourse! that's when the real fomo starts!
sold 479 million shiba inu 51 days ago, i am doomed
bro if we can get to .01 now imagine 3 years from now
holding until we surpass doge
reminder that to get .01 shib needs a market cap of roughly - double the current market cap of the entire crypto space. could happen someday, but not any time soon.
funny how just a few days ago "the experts" were saying it would take years to get to where shiba is now.
it’ll go way past that especially if they keep burning it.
honestly a good question. i sorta want to hold for a least a year for the tax and hopefully for shib to grow close to a dollar, but then again...
. no point in making cents when you could make millions.
if we cut one more zero...the market is ours. no freaking way do we stop there. we move on to the next zero. i am in from before the rise and - although was slightly tempted to sell earlier - no freaking way!!! i'm all in !!! i'm going up or down with the ship!!
i’ll put it this way. at half a cent, i can move. at a penny, i can move and buy a car. at a dollar (somehow) i can retire. but that’s just the current position. i’ll buy and hold til i can’t anymore. see what happens.
i’m holding until .
i would for sure! i wanna see how high we can take this! fuck all that it’s impossible blah blah blah. the same people were saying that before. it’s not mathematically or economically possible. yea….yea….stick it up your sisters rear end. this is crypto- anything is possible. shiba to the 🌙!
there has to be a bitcoin 2.0 and i think weirdly enough this is it
dont underestimate the mob
never. i plan on shib being accepted globally and using it daily. that is the way.
i’ve been wondering. i’m sure no one will see this, but how does one get in on the ground floor of this sort of thing? the ones who might have invested in shib in the beginning, if you put 200 bucks in, you’d be at just shy of 20 mil right now. how do you even buy it back then?
yeah, because i need at least .10 to become a millionaire. ideally, i'm holding until .25
got to get to .005 first
how high do you guys think this coin will go?
nothing less than .25 for me
lmao lmao lmao. needs to get to .005 first
yes. i will hold until .10. maybe even .20. if doge can reach .60, i have faith that shib would surpass it.
if it hit .01 it will hit .10 and that is a big ass leap.
until the coin reaches , i will not sell my 7.5 million tokens. shiba's army will have more repercussion, reach and impact than all the armies that have existed for the last 1000 years. and all without spilling a drop of blood. god bless you all comrades.
absolutely. looking at 0.15!
i'll hold till , then sell 1, then hold forever
i guess i'm never selling them.
it is extremely unlikely for it to get up to .01
we are gonna do what doge couldn’t
you guys already killed doge. you’ve accomplished your mission. you’re standing on the moon as we speak. thinking shiba is going to continue on like this is just pure greed and you will pay the price.
no one in this thread understand market capitalization and its kinda scary but sad
probably not tbh. i have no expenses and i only have 1.7 million shib. if it does hit that then i'll have £170,000. that's enough for me.
i sold lol and kept my initial investment
can we not be realistic around here and say .001 instead ?
uh. in order for shib to get to 1. sorry but not fucking happening lmfao. educate yourself please...
not me - i'll be out at that point
i hope you realize it would have to pass bitcoin multiple times over to reach .01. don’t be delusional.
take half let the rest ride
leeets gooooo. here till .1
i will hold. have no doubt.
i’ll be the last man standing
absolutely. that’s when the real profits come
naw, but i’ll leave a moon bag in cause it goes up to that point lol
yes because if it got there i’d be to amazed to do anything
what the ef is actually happening?!
i will buy more past .01
1.01. the other half incrementally until .05 or bust.
yes, if it hits .01 who says it won’t go higher
sell 25% which is enough money for a nice flat where i live and hodl the rest
yes sir, you dont ask that questions lol
why is conimbase show 7365 while bainace is 6890 ?
holding till we beat doge
might sell like 20% and hold the rest. lfg! 🚀🚀🚀🚀
yes looking for .28-.38
likely it would not get there for a long time
yes. yes i will.
yes. i might convert some to other coins to reduce risk but i'll never sell all.
til we pass doge
i will hodl until i see it dip 60-70%
lmao i’ll take my million and run
lol i keep buying more thinking “this is where i lose it” and it keeps going up!
holding until i can live off my stake earnings. so ummmm never selling true 💎🙌
sell a little hodl alot
yessss till 50 cents
yes, remember the goal!
guess it depends on how long it takes to get there
no, that is life changing money for me.
will the americans keep us moving? hmmmm 🤞🏻
i think i'll just leave off the staking interest
who ever wouldn't is giving away free money we can easily go beyond
might not hodl but i will yodel
i’ll cash in some at .01 but hold majority.
will hold most, but definitely selling a portion at 1
i’m never selling it all. just taking what i need.
don’t be a paper hand bitch diamond hands baybeee ...✋💎🤚
i may sell half
yup! all the way to .010000001
absolutely gonna hold that long!!!!! foolish not to
guess i will cuz i don’t know what a sell button is!
someone on fb said . lol where would that put the marketcap?
at this rate just ask me tomorrow
i'm getting a case of the fomo, what's the best?
i’mma hodl til i don’t have to go to work anymore
yeah, planning to hold past the 5 trillion dollar market cap. ' lmao
depends on my situation
ideally sell 1.01 and sell the rest at 0.1. it’s impossible to get to , but what a great story if it reaches 0.01
keep holding fam:) we are doing what the majority said was impossible
nope i’ll be out with an real healthy stack at .003!
got to hold past that would not make a million if we dont
hell to the yes. i just added 20 million coins. totalling in at 60 million.
i will sell 1 million for 10,000 for bills. and sell some more later on. i have enough to sell a million here and there and still be good.
idk we knock off another 2 zeros. going to be hard for me
of course and beyond
i’d only swap to get more leash or ryoshi!!!
yes sir! i want to see this defy all the odds, all the numbers crunched against shib..., they said no it cannot... the community said watch it! i'm proud of it. that last new high was intense!
take a penny, take a pound - don’t sell it all until you can be completely financially sound. there’s too much upside with this to jump off the ship early.
planning to hold past .01
depends on if everyone else is selling
yep, will sell 1.10 and then diamond hodl power until .
this will defy the odds, as it’s doing now with its exchange, smart contract options and burn mechs. i’m holding.
yes, i plan to hodl as if my life is on the line. that is because it is.
i’ll probably sell half cuz it’ll be enough to buy a house
i will take gains and hold the rest.
my wife will prolly get paper hands and cash hers out at .001. if she does then it will much easier for me to hold mine.
holding for 5 years
idk... i have bills to pay. my ultimate goal is not to become filthy rich. i just want to pay off my mortgage and other debt.
can i go a day without seeing this same post?
im not gonna hold past .0002 if i’m being honest. already sold 1.000073. this is gonna come down to earth eventually and it’s gonna absolutely destroy those without an exit plan. no asset can pump 500+ percent in a month and not have a massive correction on the horizon.
im thinking of hodling to as close to 1$
i'm holding until we hit mars
hodling till 0,2, i wanna be a millionaire!
i think i’ll hold atleast 5 years maybe 10. i put in to invest not trade on this fine ecosystem! hodl you peasants!
hold until i can live happily ever after
until i can make 3k from stake a month
yes !!! to the moon
does a bear shit in the woods?
till we pass doge
ye why not? anything i have in shib is profit.
i’m hodling until .20-50
need 25 cents for a million.
millionaire crash 💥 soon 🔜🔥🚀
hold at least until .5
can’t wait to quit my job
do you hold after busting?
personally, yes. i need .0x to become a multi gbp millionaire. i'm not greedy. i have two exit plans. if i see heavy resistance at .00x then i'm cashing out, as it will completely pay off our mortgage and we'll have a terrific holiday. but if it is easy sailing like recently, then it will be a hold, cos why not? these gains are crazy. correction is going to be tough, no?
i only have 10 million shib, so i guess i will just take my 100k and be glad to have some "fuck you" money as uni student... wish i could buy more but at this point i am really afraid to but in more because last time i did that with doge it crashed... and i will never have that much money to invest that it would really change my life. sadlife.
i have 32 million tokens since .01 i will sell 2 million tokens and let the rest ride til i see .
that’s a tough one… i would need .02 to be a millionaire after taxes
yes. holding til .05 at least
i will always hold 10 millions till i die. when i die my kids get them tokens
at .01 i need to take out some profit for a new car . but will be holding a nice stack for my kids college fund
hodl past 100 dollars a share
gotta get there first
you bet your ass i will
i'll sell at . need more burning.
honestly i will probably sell half at .01 to buy my house and pay off all my debts. my bag is not as big here compared to safemoon. i'm banking ok safemoon to take me to the moon
this is the way! i’m in! let’s go!
congrats bastards. 😘😘😘😘🤩🤩🤩 to the mooooooooooooooooooooooon bitches. 😁😁😁😁
fuck it i’m holding till it mirrors the s&p 500
can i get a tooo the fkn mooon!!!!!!
get rich or die trying. we need whales to start burning.
like i said we gonna kill couple of zeros!! let’s go shiba army!!! news is everywhere!!!
yup. might sell enough to pay off my debts though to make things easier now rather than later (plus free up income i can use to invest).
yup... ' .25 or bust...this is
.1 is my contemplating point
shiba’s market cap has already passed dodge coin. shiba will go beyond .
yes. selling at 1,000 !!!!!!!!!
i’m holding for .00
shib just flipped doge!
i will wait until it hits at least .90
some i’ll take a draw tho!
i’ll hold past your mom
i’ll hold at least 1. there’s a lot of people who say they’ll hold but, someone that’s never had more than 800 bucks in their checking account might get froggy if all the sudden they see 80k in their wallet… ijs…
i will hodl till i can quit my job and live on the interest alone, then it is lambos for everyone!
if ever it gets to .01…...no lol
just tossed in another , let’s go!
sounds like smart money got involved they threw 160m at shiba...this is what we do not want .
i'm in for half my bag past a penny
america said hold my beer boys!!!!!!!!🚀🚀🚀😂🚀😂😂😂😂🚀🚀🚀🚀🚀🚀
yes! as should most people.
sure, hold until 0.1
yes! but coinbase isn’t working right now can’t buy more! what the heck?!?!
most of you won’t hold past 0.000088. if you won’t hold past this, don’t call yourself a soldier and may not be fit to be in the shibarmy
i'm it for the long run 🚀
sounding like ppl arent gonna hold for 10 yrs get a lil jingle and da pocket start pacing
i’ll sell some of them but not over 20%
i think the best is 0.0001
yeah. because half a mil is chump change.
aint gonna lie i will sell some to pay bills and cushion the old bank account but vast majority of my holding will be held until i am a legit millionaire!
it will go past 1 dollar, but you can sell whenever you want to just don’t blame me for it
nope! because we’d all be rich by then.
james bond advised me to sell at .007
everyone will sell their other crypto and only buy shiba!!! my daughter is 4 and i will hodl till she is 15!! we will all be millionares by then.
i'm in until at least .25
why not 0.02 and we will talk.
most definitely! i plan to hold till .
there is no chance to 0,01!!!!!!! stop
i will sell some at .015, and hodl majority well past 0.1
absolutely i will and i’ll keep buying also. i just need a new truck at some point and i’m not working again for the man ha
yep i’m holding my 80 million
.01 doesn’t make me a millionaire. hold until we’re all millionaires and then some.
fuck, we about to explore the universe at .
fuck yes, but i only have 17.9 million shib. keep buying shib's we gonna get thur.
if it reaches .25 i will highly considering selling, otherwise i’m not 🎉
of course i will
ima cash out whenever we get to .10 to .25 cents
i will sell and retire
i don t know. i will take half and half stay there.
this is the way! that’s why we are shibarmy! we have a dream of 1cent!
i’ll sell some at .10 but will keep the rest forever
yas, hold up to 0.5
where are my 💎💎🖐🏽🖐🏽
holding til -5. with all of the projects that shib is involved with shibarium, nfts, and burning i believe we can get their long term……8-10 years. just being realistic.
by that point god willing id be a millionaire and continue to hodl
honest question - is that realistic? i bought .000025 (cdn) back in may. officially saw it worth ! wish i put in !
this is the shiba way🦊
i‘ll hodl until we past doge
i figure if it gets to .01 then its not going anywhere anytime soon. i would not always hodl, because if you never take profit then its value is never really in your hands, but if it gets to that point i'm not going to cash out and run. to get there we (the community) will have built something that i would personally want to continue to be part of for a long time.
i intend to see shib go toe to toe with doge in price.
only way to become a shibillionaire is to hodl!
i thisabled my sell button
nah, i don’t need to become a billionaire yet
if it hits a penny i’ll sell enough to pay off our mortgage and student loans, but will for sure hodl the rest.
i’m holding 2 different bags. one is for financial security, and the other for generational freedom. that said, one bag will be exercised once we surpass doge’s ath. the other is forever, giving it to my kids to keep flipping how i did, while keeping a bag in support of the project hodling for the small bags in the future…. i love this project. 💯💪🏾🐕🚀
id sell 6.5 mil and cash out 65k keep the rest i own
so i have 45m me and my buddies were talking about this today that would b 450k if it were to hit a penny but idk if i’d have the balls hodl just being honest at 1’s more than 100k now i’m no where neither wealthy but do make 6figures a year at half a penny that’s 225k idk people that never had money if they’d b able to hodl themselves wut do you all think
my minimum is when we hit doge ath price!
i'd be a fool not to. $.05 and i am a millionaire.
the bare minimum i'll sell is .04, because that is enough for me to live a comfortable life without any worry. i'd love to go to .10 or above though.
i’ll hodl until at least .10 if not
i once bought 78,000,000 shib with . i set a sell at a price where i wouldn't lose a dollar. it triggered the sale and then proceeded to double overnight. now i have 21,200,000 that i bought with . do not be like me.
does literally anybody in this sub realize that shib at a penny has a higher marketcap than bitcoin? do you honestly really think this is going to happen? damn the delusion in here is real. lmao.
ofc i will hodl!!! 🐕
at least.79 bec doge did it and shiba is definitely going there the way she’s been doing lately
i’ll hold gonna be a sell off like the earlier days of doge where they thought that’s all it was gonna get
after taking some next tax bracket gains? hell yea, i wouldn't gamble the entire bag at that point lol fuuuuuck that.
i would but these stupid whales cannot wait
yeah, my target is higher.
my goal is 1 cent because then i'll make my 60k or 10 cents and make my 6 figures and finally be able to get a house and pay debts.
holding till at least .10. at least!!
can anyone imagine that it goes all the way and take over eth? i will be laughing my guts out.
i don’t know. at that time i will be licking my dog’s balls because i bet it with some friends
just thinking i offered someone my testicle for 3 billion shiba inu 2 months ago...
yep. i'm in for the long run until i can buy a private island then i'm dipping out, away from civilization and people.
fuck the penny, i want the dollar
yes if it passes 10 cents i might still hodl
i’m willing to hold til five cent
my personal goal is to hold till 1.20 to 1.50
.01 isn’t life changing unless your holding at least 1billion
i’m gonna hold to 1$. the fuck y’all talking about
give me dollar, or give me death.
the point is not to hold till xyz the point is to use shib as money.
i wonder how much will be burned...hopefully alot.
i just wanna pay my bills! but yea, .01 at least. p.s. elon, stay away from shiba. i see those eyebrows, bro.
wtf crypto.com locked my fucking account wtf!
maayyybeeee i’d prob sell half so i can get a few mil
absolutely, 0.1 plus all the way
of course i will.
i just bought some the other day for the first time. is a penny a realistic target? please say fuck yesssss
lol, no. i hope anybody that does hold makes me regret it though ' <3
i would sell 20% of my shiba and hodl the rest. i am gonna need that first % to make life stable for me and the once i love and probably year after another 10%,10,10,10 etc. . thats what we all should do to make each other wealthy.
0.02 will have me wanting to sell. but i would love to hold to 0.4 just because i think it can. and if people pull out of other coins and keep dumping into shib, especially btc amd eth. then anything is possible. it would take alot, but by the looks of things alot is happening.
everyone’s story is different. i will sell my first half at .01 so i can be a shibanaire and hold onto the other half in case .10 or .00 comes into the picture.
we made it this far why stop now?
i'm holding period but will sell some
0.1 is immensely life changing for me; pays off my student debt, i can afford a house in the current market that has rooms for all my siblings, and fix my cars ac. but don’t wanna miss out completely on gains, so might withdraw 25% at 0.01, and hodl the rest :)
. 40 is acceptable 1.20 and i'll cry happy tears
i’m holding past 0.25$.
yes. i see an actual usage case for shib. so it’s more than just an investment. i would sell some, maybe half, if it got to .50 or .
i fucked up and sold half my doge when it crossed .01 and the rest at .07. don’t be like this guy.
i’m holding until at least .1, and even then i’m only selling a quarter of what i have. holding the rest.
i got friends who know nothing about crypto or investing telling me they bought their first crypto and it’s shib. i asked them why and they said it’s nice holding 1,000,000 shib versus .0005 eth 🤷🏽‍♂️
needs to get to .0015 so i can pay off my student loans!
fuck yah. dollar or bust.
when my initial investment equals 10% of my wallet i sell the 10% to cover it. the rest i will probably rest in 10% increments or sell my staking rewards whenever i would need the cash, but would hodl strong until it hits atleast .01. i hope i dont paper hand before .10.
i’m holding until at least .10. i’ll sell half my shib at that point (only because that’s life changing money that’ll give me a debt free life) and hold the other half
crypto.com down anyone same issue ?
that's where i break 1 million dollars, and who'd want to stop there?
how likely it is for shiba to reach .10? genuinely curious.
i’m here for the 10$
at this rate...if it makes it w!!!
i'm gonna hodl until i'm a millionaire.
of course! analysts are already predicting it to go higher than that, and they always low ball crypto currencies:
hodl till we take doge over we flipped mow to come for that 20 cent mark!!!
together, as a newfound fellowship, we must hodl together until every last one of us is freed from the tyranny that is this life! this fellowship shall be called the fellow-shib of the bling!!!
pretty sure that is the only option!!
i will hodl above and beyond that and all the way back down to .00000000000007
yes! lets get passed doge! .50!!!!
i really hope no one takes a financial advice from all these comments here, including mine
i hodl until 1$
uk shibster checking out for bed - remember: together stronger stronger together - hodl or buy
i need 10 pennies so yes.
prob not i got a kid lol
not even close to when im selling!
going to hold until 50 cents.
won’t lie... 50 cents would be where my finger starts to twitch for a sell
if it reaches 0.01, how many coins burned at that time? that the question.
i got 20million shib. so i’m gonna hodl till i’m a millionaire. whatever that math is.
🚨cant stop wont stop shibswap🚨 🚨🚨🚨almost all crpyto exchanges are down. 🚨🚨🚨once they come back up, 📈🚀 pass the world! rt follow and like! about to be deleting a 0 here soon or maybe more 😏🔥🥂 follow my twitter exposedwall
absolutely! ' waiting on that
yes. i have planned sell off points. not dumping all at one point
i’m on shrooms he’ll fucken yeah!! yolo 120millin coins!!!
if the afterburner is still firing why would i jump off?
crawl to walk to run…. 😎
who cares if this goes to 4 trillion mc. tesla is a trillion dollar company and majority of you don’t even own their car or own their stock, more people will have a positive effect on their lives if shib goes trillions in market cal than tesla apple google etc……
i am going to hold for no less than 0.30
i do not have a choice. my shiba is locked away in crypto earn for another 75 days. i'm dead if shib reaches 0.01
im planning to some of the portion forever
just bought 3.5m am i a whale yet?
nope will at least sell half of not all
i get off the train .003, my friend.
yes, .01 is good but the cents past that are astronomical different. i think sell 1. see what happens.
i'll probably sell half then. i will be a millionaire several times over at $.001 and that is enough for me to live
just get out while you can
i’ll hodl, but i ain’t gonna lie, i’m gonna enjoy a little of it.
i need it to get to .125 to million out, i’d be happy at
honestly, i may not. .01 would give me enough to pay off my student loans, which are killing me right now. i’d have to play it safe and get rid of that heavy debt so i can actually enjoy my life and not worry about them so much
will sell it all .02 take my millions and be happy…
holding till .01 cent then i will sell 20% then holding till .10 cent then selling 20% more holding the rest for my unborn children.
of course. .00 is my first target. then who knows.
i'm holding 60mil shib. i have half an eth i'm tempted to turn into shib just waiting for a dip...
ideally, if it ever gets close to 1%
i would be 9 digit value at that point, i'd sell.
nope. cause irs will chase me then badly(just joking)
im not selling before 10 cents
limit selling at .015 for half my coin. then limit selling again at around .25.
we hold past .00😎😈😈😈
.01? i'm in this like my life depends on it. .01 is just the beginning!
they made to many coins
yes, take out a small amount, and let the rest ride.
yes.no one thought those would ever get above a set and it made it to about $.50. keep fucking going
that’s where the real money is made anyway!
as a still learning investor i have almost purchased 2.5 mil worth of shiba. if it hits 0.01, what would happen?
i m ready all the way to .1
im gone at 0.02
i’m holding long term until it is a life changing opportunity.
guys, i'm scared, i'm seriously am. i want to hodl until my birthday...can i?(do not worry it is not in january)
how do i convert my ada to shiba on crypto.com 😂
i’m planning on holding on the shib for the next 10 years
yes. boi got to eat. <3
i’m not selling. why sell when we can live of the stake rewards forever? even with a million shib you can be comfortable for your life.
!!! and stay zen 💎🙏🏽💎 ’s fackin gooooo 💎🙌🏼🚀🚀🚀🚀
shiba will hit .1 soon. big investors still haven’t been involved. just wait. soon we all will see $$$$$$$
it will hit 10bucks when everyone finds out elon musk created shib!!
holding until it hits doge price and i'm out. i'll be set for life. hell a quarter of that i'll be set. i got in so early for once.
roll call…how many coins? represent. i’ll start: 33.6m
diamond hands for hodling
i will hold! awoooooooooooooooooooooooooooooooooooo!
this sub makes me want to get out of my amc position.
i’m holding at least till .10 we’ll see but definitely holding past .01
yup, otherwise, my wife will punch me in the dick.
i think i only sell off enough to pay every bill off and have money if the weather goes really bad, like it does in the pacific northwest during winter., like it tends to do in the winter. i can hide from work until spring
hodl for dear life all the time.
i already got my initial investment the rest is free! 🤷‍♂️
at 1 cent i'll sell some to buy a house and an electric truck or suv in vegas. at 5 cents i will sell more and move to seattle.
10 cents for me, but only selling half my position. i'm never selling all!!!!!!!
i bitched out at .04 with doge. took my break even and left myself with 3700 or so. i’m trying to make up for that.
.16 cents would be niiiiiice!
excuse me sir, i'd like to buy this lambo, do you accept shiba inu?
yo if you think it is time to sell, please sell. i have lost multiple times selling too early, but i have seen people never recover from selling too late. if you invested , but do not ever expect it back. you literally have a better chance at winning the lottery 100 times in a row compared to shiba going to . if you are fine with those odds, play the game. if not, do not. simple as that.
dude i hope it gets that high. if it does i might finally be able to break out of rent poor. unless you got rich parents my generation would not ever own property. every time i save up money inflation screws me over. it's depressing knowing i would not ever be able to retire unless the cost of living slows the hell down.
it's about now or never but the journey just started, just hodl and we will see
by the time it reaches that we would be able to pay anywhere with shib so never cashing out!
not going lie ... when it hits a .01 i’m probably going cash out haft so i can by a house and keep the other haft to give it to my kids
if this hits a penny i’m probably going to retire and spend more time with my family and work my nonprofit. this token is on fire right now! 🚀 🚀
better believe i will🤑
yes and no. liquidate to pay off my student loans and buy a house, hodl the rest for retirement.
sorry i wouldn’t. i’d paper hands at a penny in a heartbeat.
depends on the how much is in circulation
not a chance, i'm selling at 0.001!
we are closer to .01 by far within the last week. i do believe i’ll hold until .05. more will be in it to win it as we inch closer…
will most likely reduce position by 10% at $.001 then again at $.01, then again at $.1, will want a healthy dollar return, then the rest im holding till
why would you sell with such high network fees
yep! that's the plan. i'll pull a little profits to pay off my debts.
im holding till 💪🔥
hodling with my au brothers 🇦🇺🦘
fuck yeah!! i may take profits at .01 but i will hold a majority of my tokens as long as i can... ideally 1 dollar
i respect you shib fam...our target needs to be higher, and not "set" we all know what's going to happen to doge once i am looking at selling half of my shib at 10c. burning and holding a shitload for the army doge reached 100b market cap...we are nowhere near that yet... get it dood!
i'll sell 20mil at .01. hold the rest of my balance. i can "retire" at .01.
not sure that will ever happen. seems like too much money.
be a lot cooler if you did 🤙🏼
no plans of selling, just stake my billion shib for 3 months. not selling until .003.
if it gets to a penny it will do all i need it to do. i dunno
holding till 1 dollar! to mars baby!!!🚀🚀🚀
i would hold past 0.5 ! please do not judge me
the main thing is to get other people to buy this stuff…and then make sure you sell before you‘re a bag hodler. just buy as low as you can…hold some decent period of time resisting the panic sell…then take a profit. that should be enough.
yes it’s locked up earning interest
i at least want to hit $.02 but i'm hoping for .10 and beyond
no matter what i’m letting at least 10 million ride for the next few years
yes, i desire to be a multi-millionaire!
i’m hoping for at least a dime. fingers crossed.
i’ll hodl 5 million as long and as far as it can go. but i’m a multi millionaire at .10. completely debt free at .01.
hell yeah i’ll hold!!!!!
i would not mind selling at .01 cent. but knowing me, i will hold a bit more.
yes. i’ll pull out enough for a truck, but that’s it
i’ll be waiting for 😈
i don’t plan to ever empty my bag, trim profits? sure. but no reason to sell it all if you believe in the coin!
yes 🙌 we’re just getting started
yeah, i'll sell at 0.69 for memes
wah wah market cap…. 🚀🚀🚀we are already through the looking glass folks, enjoy the ride.
no reason why it won’t go to dollar . i hold until and beyond 1 cent
i have to only way to get a new kidney
you better fucking believe it.
yes, might as well surpass it
oh man. it’s like when i bought doge under a cent and it shot up to like 3 cents and i bailed. lol. i didn’t know cryptos could go up thousands of percent in a matter of days or weeks. i have been asking myself what the strategy is here... definitely going to take a little off the table when it goes up a lot more but, i’m really hoping to hold strong. i know people who held doge to the top and it really impressed me.
hell yes. if it can hit .01 it can hit way higher.
i'm set at .00399, so anything after is for shits and giggles.
won’t sell any shib ever till we reach 0.1
i like money and want to see everyone that got in late to get a piece of some profits...plus believe in shib...if it makes it a dollar that a few more million for me and anyone else thats holding.
.10 is my first sell level. half then and...the rest for later. 😁
0.01 so will be a significant amount of money i want. need to pay off my loan, bills, take care of my parents. most likely i will sell 2.
.01, easily! .5, i might have to pull some of it to buy a couple properties as an investment.
i’ll hodl the majority of my position
till the moon bro...'till the moon
i’m holding at least for .18-.20
omg people have 💎🏀 i want diamond balls😱😱😂😂
if they already burned 400trillion they can do it again 🚀🚀🚀
100% im holding till at least 0.10. wanna hit those doge prices.
i have shiba on two exchanges. one has a massive amount i’ll hold for when we get to that penny and hold. the other has a good chunk but it is for sale once we lose a few zeros!
and what do we know if the devs themselves have half tha supply or maybe more? and one day they burn all of it... and puff that price goes haywire! i know its all speculation but you never know in the crypto world.
yes hodl dig and bury them
yes i will hold for 5 years
am holding shiba till 2025
up or down, i'll wait for 3 years.
no ones gonna hodl to a penny because the market cap of shiba would be bigger than the entire crypto market...
i’m selling half my stack at .005
sell 1, i need a house, then hodl for you guys!
if we hit .01 why sell at .10, .20, or .30 just imagine how much coins will be burned 🔥 and else just the beginning
will see but it would be hard not to sell at that point.
.70 to beat doge? yeah i’m down
it hits a penny i’m probably gonna sell about a 3rd to pay off debts, but i’d still be over a million coins so it won’t hurt that bad 😂
i’m outy 5000 at a penny. mortgage free is true freedom!
probably not, i’ve always wanted to be a millionaire 😆
!! either way nothing is worth to invest in.
the price is gonna keep going up, hodl the line is right! there is a million followers of shiba army on twitter alone. there is some huge momentum here and i’m not cashing out till my condo can be paid off after taxes.
i hold until 2025 regardless of price, and then i hold some more
yes, holding and drawing interest. will cash out interest weekly. to keep a positive residual income.
would probably sell a small percentage bc even a small percentage of gains would help me so much financially, but i’ll continue to hodl the rest
i heard on a youtube video ( trust me bro) 99% of shib would have to be burned to reach a penny. fact or fiction? not trying to spread fud just want to understand
my target is 0.5€
of course and it will be very easy because by then i would already be a millionaire. so why not hold. obviously i will sell a percentage but it will be minimal to maintain growth
pay my house off which will be a very small portion of shib and hodl
if there’s one thing i’ve learned it’s that i bought doge coin when it was .000001 man did i feel stupid when i sold 100,000,000 for .0001… would have been a multi millionaire
people be like...when it hits 66k like bitcoin, i'm going to buy the moon and start growing space dank. i'm like...brah when my calculator says my bags pay off this mortgage and boat ima bounce and never look back.
yes. if it is got momentum to go past 1 cent.
the maths to get to .01 are pretty astronomical. might be better to add a zero to that. i'll still be holding at .001.
100% and take profits when i need
yes i will hold the next 15 years that is when i will be ready to retire and walk away.
yeah, news .30+ to never have to worry about a job
nah i put all my shit in jindo inu, guess i lost.
i will, either retire at 33 or i’m not getting shit.
do your math for today’s dodge coin at .28. this is possible may take a year or two
10.00 for me hodl
abso-fuckin-lutey!!! i plan to hodl until past 0.2
thats my fucking target holding after 0,01 cause after that, 0,10 are easy
upp till 1 🍻
part of it yes.
shiba airdrop is live everyone, sharing for shiba lovers.
how .01 ? is it possible ? how ? to da moon boyz ! 🚀
everyone needs to buy the dip! if you use my coinbase link we both get ! coinbase.com?src=ios-link
i'll hodl forever until , , .000000000003 and delisting. i'm hardcore!!!
70% off my shib i will hold past 0,01
0.0006 and i’m gone
babydoge will follow shiba
the money that was moveing from dog to shiba yesterday. now they got it back 2x but unfortunately they move it back to dog
im hodling till at least treefitty
my goal is 0.01€ that is little more then 0.01
ohh hells ya! big time! shiba inu is wicked.
yes. i’ll be financially set even if we hit .001 but i want to be able to give back more so i’m hodling
i have too i aint got 100mill.
we’ll hell yes i’m here for the real money not some 100k bs
i must! i’m holding for the long haul! but don’t think i’m not taking profits when i can. it’d be foolish not to at least get your og investment back
the way this is...
yes if it doesnt plummet at .01
yes will hodl past bro - i’m staking too locked in so when the time comes will cash in my earnings from staking but keep the initial shiba purchase.
i would sell 20% the rest is for the moon
should i buy the dip?
i will hodl 75% past .01
without a doubt. 200m here.
doge will always be better lol this coin is for angry loser ass nerds 😂
do you can help an army member? bep20. i bought but not enough to pay my mortgage, 🇨🇴🪖🦊
there are reasons why 0.01 is not possible doyr
god you people are dilusional. how can you put your money into crypto when you dont even understand what a market cap is...
i think ill hodl to 10 cent. 😉
correct me if i’m wrong but weren’t about half of shibas coiner burned a couple months ago by some whale to help folks in india? thus reducing the total amount of coins ?
see you on the moon.
correct but a lot of people will not get this, unfortunately they will sell and will miss the real profit completely
is this where i write this is the way?
that's for whimps, gotta hodl for 1$
people always so caught up with market caps. mcs are organic and change daily. to put it into context, people 10-15 years ago would laugh at the notation of some of today’s . let’s just enjoy the ride and keep accumulating so that you can have a great story to tell your grandchildren of about how you cashed out of shib at 🚀🚀🚀
why stop there shoot for 67k a pop, if we're going to be unrealistic, go all the way lol
would need to burn 99% of coins to get .01 hope they do!
.00 is for diamond glizzys
past .10?? what are you a bigger whimps?? !! 💎🙌
gents, i’m in for a hundred. to the moon or to the moon’s crater we go.
.04 i become a millionaire
with a quadrillion coins is that even possible? asking cuz i do not know how these coins are thistributed exactly.
doge got to .70 might as well go for the dollar
wake me up when we’re at .99… so i can be awake when i hodl past !!!
🤔 i was thinking more like .20ish. lol
heck no hodl past
the market cap will be so big. i hope it reaches 0.1
i can start selling in may 2022 for long term. not as early as some but it’s excited to get out of short term capital
the trick is just don’t pay your taxes, don’t register your address and use a text free number, right?
we are the doge killer. goal is pass doge and we win.
careful he is a hero!
we already passed doge
if it passes .25 it is market cap would be bigger than the global supply of money.
literally not possible to hit a penny so you’ll be waiting
a true shibe right here
sell high, buy slightly less high
.05 would be beautiful. i’d have .6m.
i agree with this sentiment completely. although i'm not sure we will hit a cent that soon. if this bullishness continues it will but that is unheard of... but i suppose this whole thing is unheard of so literally anything could happen at this point.
do you actually think is a possibility?
there literally is not enough money in the world to take shib to 1$.
, more than exists in the whole world. we would need a serious burn, like…a shitload for it to even be possible.
we all will shed some then, but no reason to bail on all
same, i would dump half of mine at 0.01 and hopefully the rest rides to the moon.
part of me is really nervous that with all of us in the game so deep, the crooks behind the system will try to keep us down much like they are doing with gme. my only hope is that it will be way harder to do with crypto.
i've only been in crypto for 7 months and despite everything i've seen and read i honestly just do not know anymore lol all the sites i'd follow, the "experts" who seem to know their shit... no one really seems to actually know anything
realist answer in this thread. i want to say i’d hold out longer, but i’d be staring 6 zeros and 2 commas in the face. not sure if i have the will power to not take in life changing money
what platform are y’all buying through? i just tried binance but it isn’t available in my state
that is quite literally not how that works lol.
do you people know what mc is ? jesus christ
ten cents is your goal?
“this is the way”
it will have to far surpass bitcoin to even get close to $.01
man, i feel you
you mean you need it to get to .10 to leave your wife?
i'm going past my mark enough to take what i need out at a penny to clear some debt and make some home improvements. my main holdings will be riding it out to .10 :).
get a private consultation session with an expert. literally first thing i would do
anywhere from 10 - 37%
rich people don’t pay taxes
i will go straight to a financial advisor the day i sell.
move out of the country where they will welcome you and would not pay taxes?
your delusional if you think it’s hitting .01
here's a joke! why did mickey mouse take a trip into space? he wanted to find pluto!
in theory, no. but given the entire market and it is whacky ways - who really knows??
that is incorrect, because shib has more potential in return than bitcoin. even at 1, 100 million shib will give 100,000 dollars. how much money do you need to put in bitcoin to get 100,000 dollars in return?
like 3x the market cap of bitcoin unlikely
lmao. the sub is designed to create bag holders. when the bear market comes so many people are going to get burned. it's going to be fucking hilarious and sad. but i guess if people did not learn from the 2017 bull run they would not now.
good addition, well thought out
people said the same thing about doge
whut? you do not wanna wear hazmats suits for the next 50 years? come on.
all the luck to you
sure it is if you are not living in the us😄
as simple as that. it would hit a 0.01.
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it will reach .01. if you look at the progress that occurred just today and continual 🔥 .01 is the way.
🤣 yeah ok. i'm a marine iraq combat vet. your profile picture says army and you got "recon" (which is marine) in your title. live within your means. stop begging.
agreed. if everyone tries to sell at 0.01 it will drop below. once it goes to 0.01 it will likely go somewhat higher
we will hit a giant sell wall at 0.0095 and there will be the biggest dump we have ever seen what we need to do is really get the message across to hodl we need the msm saying it
that would be the way.
that would mean so many millionaires
i am the , and i am not spending my , 2% fat soy lactaid milk and cream cheese, in a venti cup, no ice, no water, add stevia monk fruit, add honey, extra caramel drizzle, extra coconut flakes, extra greek yogurt, matcha green tea powder, with room temperature foam, 34 degrees slightly frozen thawed banana and strawberries, 2 scoops of protein powder, add frap chocolate chips and coconut milk 🥛 ; just the way your mom likes it: paid for with
diamond balls here. you called?
how is that working out for the doge bag holders?? everybody is so worried about diamond this and diamond that and implode their accounts. they did not sell at .75...they are fucked and super red or lost thousands of dollars in profit for diamond hands.
pssshhhhhh diamond balls? 🙄 i got black hole balls. balls so strong you see the glistening light from my diamond hands curving around them. hodling till at least
why stop at 400 trillion market cap when you can do 4 quadrillion. 🤦‍♂️
bitcoin valuation is for bitches. shib will make it is chart look flat.
i will never cash out 100% if shib hits
100% agree! and who knows how much more of the coin that going go be burned. people said that all time high would take us 2-3 years, they even said that our planet is flat. hell ppl would think your crazy if you even mentioned that a decentralized coin on the blockcain would be more worth then the dollar. yes we are far from it but if anything we as a community have proven alot of people wrong 😉
to the moon my brotha!
lmao it would be nice but let us focus on taking out a zero. i like dreaming to but gotta wake up sooner or later! how bout a zero or two then have a stable coin an burn another 50% away then we can talk about half a cent or cent
they have burned over 400 trillion and that was before todays crazy run, we have a shot a penny by end of year, it all depends on when they stop burning coins
i mean in unit price lol
we didnt pass doge, market cap wise. still like 4 billion left.
does passing them in market cap kind of basically mean we can pass them in price
havnt passed its market cap yet but will soon
nah not by unit price
that’s assuming none is burned
i’d be willing to bet quite a lot that you’re just plain wrong😂
i do not want to be one of those people who sell at .042069 and has to fomo buy later at .069420
yes i actually do. it may not be in a day or in a year but it will eventually. doge made it well over a penny with having an unlimited market cap essentially by adding 5 billion each year. this token has a lot of useful tools coming down the line that will benefit the crypto community as a whole. not to mention it would take one massive whale to burn their tokens. i’ve already heard whispers of this as some of them have done extremely well in general this year and will be looking to take some tax losses, they will do this by burning a bulk majority of their shib. there are a lot of great catalysts to make this get to 1.00. just some fruit for thought.
its not, ill get downvoted for being the only negative person, but the market cap would have to be fucking astronomical to get there. even 0.01 is realistically impossible unless im missing something? im still hodling 20 mill though.
yes, if burns are done properly, and the coins in circulation drop dramatically. a lot of people are spouting 1q coins, but about 395t are actually in circulation, as there have already been massive burn offs.
for it to be 1c it would have a larger market cap than bitcoin. i doubt it will go that high
if it ever gets to 0.01 over the years there will be so many new investors on the way up that they’ll gobble up our shedding.
i feel this. i want to hold so maybe i sell a portion to pay off debt, improve life, and hold the rest? i do like this coin and think it has good potential.
just do something like every time it doubles,sell 10% you are still gaining wealth but taking some out as well.
ik, literally none of these 15 yr olds understand how marketcap works. it would take shib accumulating over $.01, its not possible.
1 shib equals .00 it’s the world currency. at that point there will be no need to trade.
not necessarily. if hyper inflation hits the world economy and the usd tanks it could easily get to 0.01 (still wouldn't pass btc if this happens as btc would go up too, but my point is it is about relative value to the usd, not to another coin)
but even at 1, chib will give more profit than bitcoin.
nope we have been though to much together built out own house did sink baths in a kitchen while we tiled a shower we cannot live without one another
should i divorce now or after i sell? alimony would be the ultimate capital gains
facts good idea man
in my country is 10% for private individuals. the hard part is to show them all the documents that demonstrate you did not hide stash. but anywmay my plan is to use my private wallet in usdt and extract only what is necessary, small transactions and fuck them.
you're talking about return which is correct. the price of shib rn is so low that you have a chance for a large return. however the amount of people needed to make it worth .01 i'm pretty sure is higher then the amount of people on earth, and 99.9% of all the coins would need to be taken off the market for it to be worth that much. the return is still very high if it keeps rising but do not get your hopes up of it getting close to a cent. this is not financial advice in any way, you do you.
wrong, it is very likely with the exponential burns and buyers stashing coins (out of the circulation) market cap has no relevance.
literally though, its gonna kill crypto for those bag holders which is a shame.
doge =\= shiba this is not prooff marh is proff kiddosy
oh idgaf about any of that. i always thisliked being around people. i mean when you understand how the world works and how people act in scenarios to prove they are not shitty, 99.9% of people fail. so i would rather be isolated. just me and my dogs on a ranch on my private island. alone and with peace and quiet.
makes sense………...but i need guns!!!!!
would the cost of how much i’ve earned change at all? just trying to get an understanding
i bought some bitcoin when it dumped…... bought some at 15k, 12k and 9k and have some buy orders at 3k that never got filled…. yes hold who cares about if it dumps…... do the work people and keep spreading the word and keep making the community bigger, the more holders the better, i’d rather have ten people holding 100 million of shib than one person holding 1 billion
let’s put pressure also on admins to keep building and put up projects
that is the way.
oh yes. and on the coin everyone doubted. piss off so many people. this community is power
no a lot of people will get out and then they won’t be able to afford 1mil shib wait till it become political 1
it’s why i’ll bail before it gets that high….maybe turn my 200 into 100k but imo once this hits major mainstream governments will step in and shut it down. if there’s one thing wealthy people hate, it’s average people being wealthy too. they let doge catch them off guard, they won’t let it happen again
underrated comment. spoken like a starbucks employee.
i read this entire comment and was not thisappointed.
thought you were going to end it with “and buy the store”. lol
next on diamond ball shib...
.26 is still pretty fucking good. the % increase from the fractions of a penny it came from - and still holding a good number. yeah some did not sell at the pasts ath but the early long holders should be fine.
i'm in for months, i hold for you and i focusing on something great for everyone, for me shiba could be bitcoin 2.0
you realize people were holding doge for years at .0005 before it hit .75.
what part of getting together on reddit and getting pumped about shib, or any crypto or stock are you not understanding? i was up many thousands weeks ago. does that mean you think i should have sold? i do not understand why someone comes in here talking fud because they took it up the a$'d in too late, now they are gonna teach us something about buying crypto? gtfoh shib to the fukn 🌙
i missed out on huge huge gains with doge by not selling at .70 but i had bought before it was ever 1 cent so i still made a killing. 13k to be exact. wish i had bought more. i just never thought it would run up like that so i didnt buy more. i ended up holding until it dropped back down to 50cents and i said fuck this im out. and now look where it is smh. phew. but shib, we're a long way from that. we got a long way to go. as far as doge... a lot of people still think its gonna go past a dollar... we'll see... i think doge is losing support and those ppl are hopping on the shib hype train. ive had shib since 5 zeros and a 3. that got me 24mill and it cost almost nothing lol so am i gonna hold, yea why not. ive been indicted for murder (self defense) so i cant get a damn job with a pending case anyway. ive hit rock bottom so if theres even a slight chance i'll come out of this with some good gains, then i'll take the chance... and i'll thank the whole shib army for it...
currently speaking yes, but they’re burning supply. is there a lot of supply to be burned? oh yeah. but just like eip 1559, shib is taking the steps toward deflationary protocols.
shib is all about pushing boundaries, breaking down barriers, and challenging the status quo. im not fucking selling!
right?! i would love to see those numbers too yet some don’t understand market caps.
they better start the burn of all burns right now!!!!
these are the diamonds hands im talking about!!!
lets keep our 👁 on the ball for 0.01 first 😁
i love being crazy!!!!!
step aside bitcoin lol
i agree, just clowning man, just clowning.
you have to understand a large majority was burned by vitalik after he was gifted half the supply. the current burn practices have to really ramp up in order to get the price moving. there are some in place, and im sure there is more to come but realistic expectations need to be set.
please fill me in. aren't we burnt as soon as it is off the market place?
i see. thought you were talking about market cap 😅
shib passed doge at 10:15 today when it was in the 5 range, we are now at 7 and was almost to 9
we passed doge in cmc and coingecko already ...
depends on the source.
no because of math. there is much less doge than shib 131,875,387,608 doge supply 394,796,000,000,000 shib supply which is why they are both worth 31 billion right now market cap but doge price is .24 and shib is .00007888 for shib to be .01 it would have to have a market cap of ,947,960,000,000 with the current supply so basically 125x the current market cap of ,446,561,865 ' for shib to be worth .25 it would have to have a market cap of ,699,000,000,000 with the current supply so basically 3,138x the current market cap of ,446,561,865
not unless we have the same, or a significantly higher demand... we have literal trillions more coins, so even with the same amount of money in the pool, supply and demand means shib is a fraction of the price, unless there is enough demand (buyers) to overcome the different in supply. that would mean millions of more investors buying millions of shib to overcome the supply difference.
this thing says we did
is there a burn in the plans? or is it just a rumor?
to hit a penny needs 15trillion marketcap. that’s more then bitcoin and eth combined i get the hype don’t get me wrong but let’s be realistic
god i hope so brother. to the moon we go 🚀🚀🚀
imagine how much $'d make if you were a bitcoin holder and dumped just 10p coins into shib. it's like time traveling to when bitcoin was . you def can make more money with shib right now. lower point of entry.
you understand that if shib went to 1.00 it would be worth more than all of the world's economies combined right? you think that is possible? there are 4 quadrillion tokens. that's 4 quadrillion dollars. come on...
i’m no expert in this but we just passed doge in market cap so why can’t shiba hit 1c if doge can with a similar market cap? again i’m a rookie so sorry if this q is dumb haha
i always see this being referenced, this comment assumes that bitcoins market cap stays the same though. which it would not with the crypto market as a whole growing a lot? like is it not possible for shib to see a huge rise in market cap while bitcoin also rises significantly too? more and more people are getting into crypto. not being awkward btw, genuinely curious. i'm fairly new to investing as a whole.
i'm desperate for someone to start a shib sub that has actual common sense because i think it is a really interesting idea. i hate rifling thru the endless shit posts on here and r shib along with nothing but comments that say bullshit like hold till ... hold till a penny we're gonna be there in a month. this sub is literally 12 year olds who have like
its not possible right now. "it was not possible" that bitcoin would ever be worth . and now the people who took it seriously are some the most independently wealthy people of our generation.
sure if you start counting now. they’re are bitcoin billionaires out there. any shit, i mean shib billionaires?
happy for you two
we may be rich in shibes but sir you are rich in love and happiness
well if it hits .10 we will all be taking golden showers my friend!
you are lucky this is not heard of much anymore as the social media days we live in now
i hope your name (cold pie) isn’t a reference to your wife.
i'm not talking about reaching 1 cent. even if it reaches 1, it gives you 7x your investment in return.
hey i want to be a millionaire too. and i’d be real happy to see it pass .01, but i’m also not getting my hopes up. market cap absolutely has relevance whether you choose to place value on it or not. and until we see evidence of a massive 100t burn, the math is simply not in our favor.
i'm not sure what you mean by earned. but take the amount of shares.01. that's what your shiba would be worth
cool story boot. pathetic seeing a "army recon" beg on reddit. kind of a bad image do not you think? but it is the army cannot expect much from bottom of the barrel.
buy the dump buy the dip and…wait for good things to happen!!
i wonder how many buyers we’ll pick up on this dip
but that depends on where they bought at what fraction or if they bought at a full penny or more it is not good when you leave hundreds of thousands or millions of dollars out there to claim diamond hands
sitting pretty at just over ,100 profit buying in at 0.0000003 with 62.4 million shibs in march when it cost just
i invested . wow, just wow. i'm at . i'm going to hold since i've seen the plans for actually attaining this. even if it gets to .001, i would have ,000.
i'm pumped about shib...there is a lot of room to grow in shib so selling right now would be utterly pointless!
people gonna hate always!! especially on reddit! cmon bro you know this?! 😆 for some reason there’s a lot and i mean a lot of people who think that everyone can somehow predict how high the price will reach before dropping (we’ll why didn’t you sell at such and such???). like they are so damn smart! smh 😂 no one knows for sure what’s gonna happen with anything… and then there’s the people that all think everyone will be able to sell at a certain price target? ( again “why didn’t you sell at such and such price???!! i can’t believe you held onto it! it’s shit it’s dead! etc”) people don’t realize when it hits a price target whales dump and immediately the price is triggered. not everyone holding shib will become millionaires when it hits the ath why? bc whales sell and the price tanks just like with dogecoin and every other asset since the beginning of markets also exchange and market manipulation will prevent this from happening
wow that took an interesting turn! i also missed out on big gains by holding doge. i’ve been holding shib for a while now and of it keeps climbing i’m good. gains are gains, but hitting a dime would mean i can actually retire when i’m old. i don’t think it’ll happen, but a boy can dream.
damn bro sorry to hear that...but at least you made 13k! that's great! best of luck bro and enjoy this ride.
true enough, 400 trillion coins burned and counting. the more burns the more realistic people's sell targets can become.
i know, right? doge is about failing and being held down by hedgies. shiba breaks all the rules and is great at it
what market cap would it take to even get to .01? i assume .10 is likely bigger than btc.
people said the same about doge, to be fair
for real though. bitcoin has dropped 7k over the last 2 days as shib continues to grow
this would mean i could buy a moon and actually go there.
i might be wrong, but i think you only get taxed when it becomes cash again. so for example using usd, you can swap shib to eth to usdc which holds the same value as usd. so you would not lose value if shib goes down, and you would not be taxed unless you cash it out.
we are even right now!! crazy!
my bad kinda badly worded
which source is saying what?
how far do you realistically see shib going? 🙏
correct, but dodge has unlimited coins, shiba don’t. but still it will never pas dodge current value par coin, and the prof is your math.
you’re forgetting one thing. shib will be the next dominating world currency and everything else will cease to exist
yeah we are at 27b and doge is 32 so we are almost there
burns happen all the time, you just only hear about the massive ones, prob around 100m shib is burned a week at least
i am being realistic, your numbers factor in absolutely zero burning, which i anticipate a fair bit of to hit .01. market cap needs to be nowhere near that high
also at current market supply, if it jumped to .01 instantly, market cap would only be 3.95t, not nearly 15t
i was kayaking with a guy who had 100 bitcoin, back when it was worth , i thought he was crazy for holding that long. he bought in at a dollar. he said he was going to hold for a long time. i wonder how he is doing
think about it, the compound amount of tokens with shiba. no way bitcoin will make you that amount at its price. 100 mil shib at .001 is 100 grand. i do believe that’s doable with shib way before bitcoin makes it to 100 k.
its 395 trillion or so, not 4 quadrillion
because of math. there is much less doge than shib 131,875,387,608 doge supply 394,796,000,000,000 shib supply which is why they are both worth 31 billion right now market cap but doge price is .24 and shib is .00007888 ' for shib to be .01 it would have to have a market cap of ,947,960,000,000 with the current supply so basically 125x the current market cap of ,446,561,865
dude just said why. at 1 cent the market cap would be 10 trillion which is 10x what bitcoin is. it could do it, but not anytime soon imo
shib =/= bitcoin lol. bitcoin will always thrive as it was the inception of blockchain technology. shib came in on the coattail of a memecoin. its a classic scam coin. “look guys the price is only $.00000x so all it has to do is hit .01 and we’ll all be rich 1000x , look doge and all them hit .01 we can definitely hit it”. which is such a fallacious promise to newcomers to crypto who are completely naive to the technicalities of market capitalization. its the new safemoon
yes it absolutely was possible that it would be worth . the marketcap needed for btc to reach . that isn’t the case with shiba.
there are bitcoin millionarss because bitcojn has been around longer. go ahead and invest the same amount of money on both coins right now if you think bitcoin is better. what the fuck are you doing in here?
lols. make me laugh, clown.
this is why i keep my life private, people think i’m miserable because i don’t post on social media, they don’t know how happy i really am lol
thank you so . much!
are you trolling? do you know what a market cap is? fucking embarrassing
just keep holding and who knows. more coins are being burned people are buying...fomo is full force right now!
who knows. anything can happen. like a new batch of burned tokens... hey... never know.
is their a burn wallet to do this?
0.01 would be almost 4x that of bitcoin. shib would have 3.94 trillion as opposed to bitcoin’s 1.1 trillion.
.95t at .01 which is almost 4x larger than bitcoin. it’s not going to go to .01 unfortunately. everyone says a massive burn will get it there… who is volunteering to burn their coins at a massive scale to make that happen?
yes but doge never came close to bitcoins market cap, some of you all expect shib to 4x bitcoins market cap
you get to understand market cap and understand the total money available in the world to comprehend what is possible.
(i'm dumb) can you explain why that is a bad thing when dollars themselves are based on basically pixie dust?
yeah… people jumping from btc to the green candle for miles ??
.01 is a lot different then .1 right ? idk i’m still hopeful we will both make money just a penny seems very high
only? that’s bigger than the entire crypto market cap, never happening to a pure shit coin
he died in a horrible kayaking accident.
the whole crypto market will grow in the next years. if bitcoin goes to 8 trillion shiba could be at 4. or atleast peak there.
math doesn’t matter anymore. tesla is worth 1 trillion now. get in the game.
okay but shiba is burning a bunch of tokens and should burn more in the future. doesn’t this increase the chances of it increasing in price?
trolling dummies who don’t understand crypto
then what the fuck are you crying here? go invest your 3 dollars in a shit coin.
yes. shibburn.com lists the addresses about halfway down the page. you'll know they are legit if they have the word "dead" in the hex string. these have also been listed by the devs as the correct burn wallets. a lot of scammers out there will try to get you to send shib to their wallets, do not obviously.
cool. let's do this.
incorrect, this is based on the current supply number calculation. however with the burns, and other supply impact models being applied, this is totally doable. i would expect shiba to be in market cap within 2-3 months and be within 1 year. can it be as big as bitcoin absolutely? keep in mind also the pricing, bitcoin is expensive to own, thus the masses are going to invest in a commodity vehicle they can afford. enter shiba.
didn’t vitalik burn half the coins? also bitcoins mc might just 4x in this timeframe as well. not saying it’s likely to happen, but crypto is far away from being adopted by even a fraction of people yet.
it never had to to reach 1 cent and people still said it would never happened. it hit nearly 100x that. you think 10 years ago people though btc mc would be anywhere near 1t? dont understimate the apes.
question, didn’t people say shiba would never get close to doge?
it would be worth more than all the money in the world including stocks, crypto, and gold combined. there has to be a balance.
.01 is one cent mate that’s what i’m hopeful for and i think it’s pretty realistic
you should read the thread, i’m not saying it’s going to happen at current supply, a lot needs to be burned
no i hear he lost his bitcoin in a kayaking accident. tragic loss really
if you understood crypto, you'd be rich. but since you are broke, you are here crying your ass off because you are a dumbass and can add up numbers.
don't feel bad. i'm still doing a lot better than you. typical loser
there are multiple ways, however this is the correct one.
i’m almost certain this is where this belongs -> this is the way
i do not think there is enough circulating money in the planet for that to happen.
unfortunately there will not be enough burned to make this a reality. i wish it would and yet it is fun to dream.
how do coins get burned with shib? is it all voluntary?
yes he did, and the current supply takes that into account.
turning bitcoin to shitcoin 😂
it hasn’t even came close to doges ath lol
why does there have to be a balance though? stocks and fiat money are completely made up and backed by nothing but faith basically. i would have to believe there is no theoretical limit to any of it.
that's only if there is not burning going on, but the coin is getting burned. it's on an active burn cycle now actually and will be. so those numbers are only based on if there was not burning going on currently. the more that this coin is adapted to the market, the more coins that get burn. once again this is all in the white paper
don’t project your lack of financial success onto me. you have no idea what my net worth is, at all. i bought bitcoin when it was under 5000. i have 6 figures in returns from bitcoin. when your on my level, which with shit, you will never be, then you can talk.
hahahahah. what the fuck are you doing in this room. if you think it is incorrect, why do not you fuck off and go invest your 3 bucks somewhere else.
oh, there is. there is trillions in fiat waiting to come over….
i actually think think the methods that are implemented now, and the new ones planned will over time achieve this goal. we will only know in 2-3 years as we see the effects.
but wasn’t the same thing said about doge?
there is many methods, yes you have an option. however for smaller investors i do not recommend. there is lots of mechanics that the developers and stakeholders are doing to achieve burns. look on youtube for shiba inu burning to see some great videos about it. or read the woofpapers on the shiba site.
okay so you end up with . nothing to win when you destroy the worlds economy if your only goal is to have a million of whatever.
these guys are right but they are also wrong. mostly wrong, lol. if shib hits a dollar a coin that does not mean there is 394 trillion dollars in shib, it just means . at that price there may still be momentum to push it higher but it is also obvious that some people would not get that price when they sell, they will end up holding until it crashes hard.
the worth of something is based on what you can exchange for it. if a single crypto is given a "worth" that is more then everything else in existence - then how could it be "bought"? gold is "worth" what it is because of rarity - and the availability of (primarily) fiat to pay for it. fiat gets it is value because of production of services and goods to exchange it for. that's why you need a balance. it's not worth anything if you cannot exchange it for anything - and you need to have enough of something to exchange for the value to be realised.
aahahaha if your net worth was high, you wouldn't be here fighting in reddit. rich people do not go around typing stupid ahit like you do. lols. net worth? 2400 dollars amount is what you are worth.
lols, you are doing better than me. but hey, i can buy a 40,000 dolar car and pay it off in a few months. get the fuck out of here and go read your future inside your rectum.
how can you destroy the economy if you pay in crypto?
i guess that is where i'm confused like i get that people say that a lot but at what price point for shiba does the world economy start to collapse and why? the us seems totally fine with printing tens of trillions of dollars lately and it does not seem to have effected too much. inflation seems pretty controlled
you can believe whatever you want, idgaf. doesn’t change my portfolio at all. bottom line is, in 10 years i’ll be a millionaire from bitcoin and shit will be at 0.000000000. also, 6 figures isn’t rich and you have no idea how rich people act. the fact you think 6 figures is rich tells me how broke you are. keep pissing your money away on a shit coin with no scarcity or utility.
what valid points you dumbfuck? you cannot invest 8,000 dollars in bitcoin and expect the same returns as shib, you dumbfuck. if you think bitcoin is better, what the fuck are you doing here?
respect ✊ great job 👏🏻
this is awesome! great work op. there's a few things in here i did not know and i've read most things about shib. really necessary for newbies too crypto and the soon community. 👍😃
this is a long term hold not a get rich in 12 hours ordeal trust the process buy hold buy more hold more we will get there
will shib ever do a large scale token burn??
can we add a tutorial on how to accept shib as payment for your online store? i’m trying to figure out how to add shib payments to my store!
hey is 1~5 cent to much to wait for? i will give it 5-7 years even if it was not supposed to even come close
just wait til robbinhood opens the gates to this one 🚀🚀🚀🚀💥💥💥💥
excelent job, more as needed is this faq finally apearing. superb i will share it. all should do-it can lower allot the upset community members- and confused \-i wish we would have such "faq" on shibaswap linked ( ps. get this onto a wiki page and link it on shibaswap plz.) ' ad a video where is explained bonefolio -plz ' plz. add what rewards you gain on bury dig or woof "currently ones earned and not yet visible for investor" on bury wecan see bones and wreth but how its about shib? i thought we get some shib rewars to?
and what happens when this keeps going and blows another zero and does not look back. it is a possibility. then those people who did not buy will be mad. they can also buy more if it does go lower. we will pick them up when it comes back, that is if it even drops back to here. i think we will blow past ath finally and settle somewhere around or above for a short time, buy i do not think it will stay. i think it will say hi, have coffee and leave.
shiba shiba shiba shiba shiba….
get in now be the 1% less then 1% of people invest in coins or tokens once we get up to 10% we the 1% will be millionaires
so, should i stake on shibaswap? i'm new to this.
so, this is like ethereum doge? that would be better for nft's...
expert says shib will eventually reach a , read the report here.
i have come across many post saying that about one billion trillion shiba coins have to be burned so that it could reach about half a dollar because of its market cap and circulation, is this correct?
hey ppl what's the nice cryptocard service you can reccomend ?
tried to bury my shiba and it didnt stake them and took !!! how do i get support from shibaswap to find out what happened to my money!!!
this is great info. thanks
go go go shib !!!!!
we should tell shiba to get with crypto.com (because you can already buy it on their platform) to get with only fans. use shiba as a currency on only fans. they just got 85 million usd make a move!!!
yeesh trying to transfer 20,000,000 shib to an external wallet and the fee is 5,000,000 shib. what the heck lol
noob question. should i be holding shib on metamask or binance? metamask seems to have huge fees when trying to exchange eth to shib and vice versa. binance does not seem to have this fee.
am buying the dip, adding
so shib is deflationary while bone is inflationary token.
couple of questions as i'm not clear on two things ... providing i never actually woof my buried shib, the woofable part still accumulates correct? just because it is woofable does not mean i have to rebury it, right? other question is about the ryoshi rewards. i remember seeing something the other day... isn't those who have staked? is it only in the liquidity pools where you dig?
from my understanding 40% was burned from vb wallet, 5% was given to the india fund, and the other 5% was given to another beneficial cause, vb said that this beneficial cause were meant to make the announcement themselves of who they are when they wanted, so is really strange to see that you post that a 45% was burned, can you point to where did you got that information?.
wouldn't it be awesome to have predictive analysis? 😊
thank you so much for all the info. i was curious how to use shibaswap and i'm a newish shiba, but i like where the project is going and i'll read your post over again because i'd love to use the shibadwap functions. i just have bitmart as a crypto exchange atm.
i thought one zero will be gone but i am still believing 0.0001 happens. next year
why does not shiba lie too? as they do with tron and ada coins, each holder receives, depending on the amount invested as a percentage, extra coins on etoro. to do the same shiba inu and then they should not be burned anymore.
how long does it take to unstake coins? it's been 3 days and i'm still waiting for them to be unstaked...
shiba is on coinbase! oh yeah!
mods please let my posts go thru.
thank you. you have no idea how much this sub needed this.
we need a sub like doge had every day thiscussion please do it thaks
i followed the unstaking procedure and my shiba is still not sitting in my metamask wallet
daily thiscussion? had to scroll from that wall of text
let’s make shiba inu profile pic 🥰😍
wondering if anybody can help me or answer this question i transferred my crypto from coinbase to crypto.com and it says my shiba inu was transferred successfully but it has not transferred and it is been 2 days all of my other crypto transferred within 20 minutes is there a reason for this???
can we update with the burn rate and frequency
nft art incubator? yes please! where is gary vee ?
is it worth staking on shibaswap since you have to pay so much in eth?
anybody know any good thiscord accounts that focuses on shiba??
what the dog doin?
shib 1st target 0.01 🚀
its currently + gas fee to purchase the coin with metamask, are you all using binance?
i bought shib on crypto.com but the price on crypto.com is different than the price i see on coinbase pro. which one is correct? did i make a mistake by buying on crypto.com?
moving up the charts
**the shib horizon: part 8 - what we've got to look forward to (updated)** *i posted this when shibaswap released and 13 things have already been updated. this rollercoaster is fast!* here's a list of things we've got to look forward to over the next few months & further into the future. i thought it would be a short list but there is so much on the horizon: * ~~shibaswap releases~~ ^6th ^july * ~~certik security audit completes~~ ^10th ^july * ~~certik score is published~~ ^12th ^july * ~~skynet goes live~~ ^12th ^july * ~~bonefolio goes live~~ ^17th ^july * ~~webull lists shib~~ ^3rd ^september * ~~etoro lists shib~~ ^29th ^july * ~~coinbase pro lists shib~~ ^9th ^september * ~~coinbase app lists shib~~ ^16th ^september * robinhood lists shib * ~~leash gets listed on exchanges~~ ^13th ^october * ~~bone gets listed on exchanges~~ ^13th ^october * ~~coinmarketcap adds bone~~ ^13th ^september * ~~eth london hard fork (eip 1559) releases~~ ^5th ^august * eth 2 releases * the next crypto bull market begins * bitcoin transitions to 90%+ renewable energy * ~~more lps and tokens are added to shibaswap~~ ^12th ^july * shibaswap rises through the top 10 dexs (currently ) * nfts are released * shibarium blockchain releases * shi and treat are revealed * the first shibacon is announced * doggy dao commences *notes:* *new lps and tokens continue to be added to shibaswap each week. there are now 53 markets.* *bone & leash are now listed on 3 of the top 100 cexs (coinflex, hotbit & latoken).* *you could argue that the next crypto bull market has begun. i feel like it would be tempting fate to cross them off before btc & shib pass their aths.*
i just want to say that shib community and shib army is the best the others don’t compare!!! i make a comment here and instantly get people trying to help me out comment in other token communities and no one even replies or upvotes your comment lol so i’m so proud to be a part of shib army community to the moon 🚀 🚀
should i trade some dogecoins for some fancy shiba ones?
shiba inu is technically superior to doge. giant communities decide what is valuable and what isn’t. from a technical standpoint there is way more potential to abstract from this token than doge coin because shib is on the ethereum blockchain, there is significant advantage as it means that shiba inu can interact with the most popular defi projects, most of which also run on the ethereum blockchain. it’s the darwinism of the crypto market. the only fundamentals this token needs is steadily increasing demand and more individuals holding. from there more use cases and defi interactions will inherently arise. that is the definition of community driven in this space.
what is this about burning shib? i sold awhile ago because the devs said there would be no burn.
wait until robinhood accepts shiba as well. rockets 🚀 for real
tldr... j! great post mila! 👊
another one here you might consider adding: how to save your wallet us seed phrase key more securely? [
awesome information! much needed, thank you 🚀🚀🚀
maybe do not assume we all use our phones, your 'how to set up a wallet' so called 'advice' assumes this. very misleading to those who use an actual desktop or laptop.
to increase the value of leash, would you please consider increasing the incentive for holding leash? i and many others, suggest increasing the rewards for leash to add value to it, such as more shiba and bone. and in the future, if i may suggest an equal combining of of shiba, bone, leash (maybe ethereum, too) to earn treat reward, would be a rad idea!
yo wtf why are gas fees so taxed
guys , does anyone know why i can’t open the shibaswap page on my google crome or on my metamask browser, it only shows black screen not showing anything !!!!
how much shib do you all own?
how much shib has been burned and is there a way to keep track live?
what is the utility of ? ethereum currently is really slow and expensive. yes i know it is going to improve but even with the improvements there is no way it is going to be able to work as a currency.
doge was once here too,, and it went to .60. can you even imagine .02 ?? wow. shiba will make new millionaires
i officially own 120,000,000 coins just bought 60m on this little dip hoping it goes parabolic into the weekend lessss go
i’m so proud of y’all!! keep holding to one dollar!! 😠
shib just did 430% from sept 29th to oct 7th. shibarium gates await!
anyone got a fix for this? my coinbase wallet is not updating the correct amount. i have 35 mil so it should be around 900 to 1k, but it is showing me i only have ??
with burning and much more attention i see more and more price targets of 0,10 cent for shib on ‘short term’
does buying shib on webull or maybe robinhood affect price. since you don’t own the coin.
how i can buy shiba what app do you recommend me to use.
sometimes i feel that the bitcoin founder “satoshi” and the shib founder “ryoshi” are the same person!
you want this to soar, then add to your hold every day. a hundred, 20, ten,...a g, whatever you can afford. hold on to those dreams. it's the holiday season, and people are looking for "the winner". something like doge or gamestop but seemingly affordable. and that will be how it looks to all new comers, even if this coin passes . good luck, good bless, the universe bless, science bless, whatever you need lol
if shib goes to .00001 im buying so much
we are knocking the shit out of a 0 and another 1 before this bull run cycle ends. lets fucking gooooo!
how did the circulating supply go from 395 to 590 trillion. am i reading this wrong
looooool why has the supply increased
what is being done about the circulation issue? i have not heard any feedback on this is days.
is kraken gonna get their shit together anytime soon?
this is really cool and all, but do not forget about gas fees. it cost me several hundred dollars to bury some shiba and dig an eth-shib pair. this is fine for me because i expect to keep these passive income streams for close to a decade. what hurts is the gas fees are paid in eth, an asset which, unlike the usd, is going up in value! if you are planning to bury you shib, only to take out 33% in a week and withdraw the rest is six months. be very careful with your math! i'd be willing to bet this will yield far lower returns than just hodling your shib in a coin wallet. gas fees absolutely wreck your returns!
i sold my shib for ! did i do right thing ?
there are 3 shiba groups on reddit and about 800k members if i correctly recall. what if we all burn 1m coins a month for one year 1m x 12month x 800,000 member that is 9600000000000 instead of waiting for burn parties probably not everyone can afford to burn 1m, let us burn what we can and make a difference just a thought
very informative post. shib and shibo holder checking in.
what if owners lock half of shib how much will be its value?
how about shytoshi growing the fuck up and stop the chilthish hiding bullshit? shib has grown up and so should he! when you’re making bold statements like he doesn’t own any shib but hides who he is it’s impossible to prove or thisprove that claim and the longer he hides the then it’s more likely he has something to hide. nobody involved in running shib is known and it’s starting to be a detractor for many in the crypto world. i want to believe everything shytoshi says is true so i know it’s not a giant con but not one developer is known or can be judged by there credentials so let’s not just blindly take people who hide in the shadows word. this shit isn’t qanon
is this a scam?
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i’m not buying anymore of this shitty ass coin until there’s a 100% increase fuck this
shiba was on on stocktwits: spot trending , most active , watchers, for almost a week now. i never seems any stock or crypto take all 3 categories and not to mentions kept them this long.
mine shiba inu go to and earn shibaaa
does anyone know if this is true. amazon is accepting shiba shib?
what i got , you got to get , and inu.
how do a purchase shiba? i live in ny so i cannot use crypto.com.
how much shib would someone need to live comfortable if we hit 0.1?
hello, if you want to start buying cryptos from the binance app with this link, they give us 10% each for each operation, it is only a link to register with binance. nothing weird, sorry if you thisturb the message
diversifying bitcoin and shib 🐕🐕
i waiting for robin hood 😖
what’s a decent $? i’m new in here
i need help ... i transfers my eth to leash on shibaswap and have no idea where it went ... any idea s i’m so lost right now
14 burned. drops like a bad pharmacy stock. i call bs. where did the money go ?
something big is getting ready to happen to shiba inu? anyone?
just added 42m more i have 8k in ada, i’m really debating selling half to get myself over the 100m hump.
akita inu and shibarmy need to team up
smooth brain here, i thought with btc and eth going up that shib would too? or am i just an idiot.
hi guys there is a way to stake shibs? or something ells to get rewards? tnx 🚀🚀🚀
i have a question. from uk. i have shib on [crypto.app]( \- currently it is in my 'crypto wallet'; is this secure? i see people recommending other 'wallets', but i believe the shib fee for me to send it to, exodus, for example, is very expensive...? is it just the case that you have to 'suck it up' if you want to send your shib to an external wallet? or does crypto have a more secure wallet? thanks v
hi, i have been digging bone for some months now. i want to woof my bone and take out my bone and eth. when i woof my bone i should see my new bone in my wallet. does it automatically return my paired eth and bone or does it give me sslp back and i then have to unpair them? i’m looking to do this with the least amount of gas fees. any advice appreciated.
stop settling !! we’re going to a penny!! hodl mf’s. ♥️
i had 32 million coins and then i’ve had it for a while i saw them a few days ago for a little under 1000 because i needed money for bills and was desperate now i see they’re worth almost
damn sucks ut it was there when you needed it i k kw ita gonna go up im sitting around
hopefully bone can take a seat on the gain train and start mooning soon too
it’s nice to see the tvl on shibaswap back over 400m
join me by downloading the phunwallet app to start earning phuntoken!
tank you for changing my life!
this community’s growth is accelerating. i’ve been keeping a close eye on the population here in r. i joined at about 250k members earlier this month, in the last 24 hours we’ve grown like crazy. we got in this space shuttle just in time boys.
don’t confuse . totally different.
i’m new…i bought some…so you who are more experience, what is a realistic eoy mark for our puppy?
burning shiba 🔥🔥 is voluntary, it's up to you how much you want to burn and support ❤ the price increase 🚀🚀 here: ceo-shib.online
there are over 300,000 in the shibarmy on reddit and there are other shibarmy’s around the globe. if we stay focused on spreading the word about shiba inu “zero’s” to drop off! ask your family, friends, business associates to join shiba inu community here on reddit. tweet information about shiba inu and always include “” on your tweets. if the announcement we’re all anticipating to happen tomorrow with robinhood’s earnings report we might see another zero drop off soon. have a great week!
can someone explain the difference in subreddits - shibarmy vs shib? which is more relevant for up to date info and news?
it’s costing me over
are shib tokens actually used anywhere to trade or buy anything?
the rewards in my shibaswap are quite irregular, do not quite see the pattern of how much i should earn, no new rewards for the past 10 days either, can anyone help?
got this on twitter in time, its a crypto give-away sharing for others :)
bro im thinking to buy more shiba butt... feels like wave still raising and raising, im confused
inuyasha is a launchpad for decentralized projects, blockchain game & meme token deployed on the ethereum chain network (erc-20). 🌐 🐦
any good live graphs that are actually accurate for shiba. the one on public is off and running slow when i buy. just wanted up to date ticker to see when it goes from a down turn to moon.
is there a way to swap for bone without paying ? i tried coinwallet and my ledger wallet.
trolls token get it on the rocket
how to i move some of my crypto to shiba? i have it all on coinbase pro
what would be the best route to move my shib from kucoin to coinbase ?
shib is getting ready to do that thing again 😳
any thiscord official server ?
let’s break 70 let’s go !!!!
guys how do i buy leash?
i would definitely fill out a ticket. what does your cash show?
well, thanks for the life-changing day y’all
shiba is at its historical maximum ... it should fall right? i wait for it to fall but it only goes up, this even when it can happen, i'm confused
just bought a hundo brothers
something i never seen in crypto history today. pretty much no action on any coin up or down over 2% other than shib. is this a shibinvasion?
put it in some rice overnight. i bet they did that today.
does anyone know why coinbase suddenly lists almost 2 trillion more coins in circulation today?
can anyone help me. i wanted to stake shiba on shibaswap. so i created a metamask wallet. and transferred small amount of shib from my huobi wallet to metamask through heco network. i managed to receive it in my metamask after i added the token manually (heco-peg shib). then i went to shibaswap and connected my metamask wallet but shibaswap wouldnot detect my shib tokens when i try to stake em. which part did i do wrong can anyone point it out?
wish i could post
the circulation added 200 trillions last night when america was sleeping! who is doing this?
shibu giveaway is active now , follow the link >>
video that explains the dip;
shiba or nothing. to the moon!!!!
where did the 150trillion new coins come from? cmc is now showing 549trillion vs 394trillon? we all know there can only be 590trillion coins with v s burn of 410trillion.
30 minutes before moon!!
i just listened to a podcast slating shib - this really fucks me off!! we are much better than people think as a project
don't forget to use shibaswap :d still rewards are late but in the end they will come i'm sure. i would be nice to see when is my end woof date on site. btw did anyone unstake form ss because i saw some people had problems unstaking...
this is awesome ! thanks for putting this together!
listening to music and helping the burn process spread this link. let’s go shiba army
ahh edit: sorry i was just making sure i wasn’t banned since i was banned on the other shib sub for saying that it’s dropping.
why cannot i post? what happened? i'm posting memes daily, helping build up shibarmy and now i cannot post? my posts got rewards and tons of upvotes and comments. no response from the mods, what is going on?
live shibu inu air drop, heres the link. >>
wow, i’m impressed op. thank you for this write up! very informative. looking forward to the future of shib
please triple check grammar and spelling before sending out any for-public literature.
anyone know the best place to stake shiba? theres quite a few places
burn shib by playing any of the playlists on this site 24! bigger entertainment ftw! p.s if you're not playing one of these 24, you are not a shibarmy soldier. you're merely a civilian.
is there a way to see total rewards?? like over a long period of time? i’m curious how much ryoshi and xshib i have got so far? are people just roughly guessing like me?? help pls
nothing written here answers my big questions: i don’t know too much about what is behind crypto, but when i use voyager app to buy shib, i’m not using a wallet, if i buy from these types of apps, am i burning when purchasing shib?. do i exist as one of the shib holders?. thanks if you can answer this stupid question :)
do they give rewards every 2 weeks? i buried some bone to try it out 10 days ago, and in bonefolio it says 0.00
im not fucking selling
get 5 dollar free shib by sign up with webull stocks . no trading fee also . don’t use robinhood . webull is 10 times better . link:
listed on coinbase finally yes!! 😀🥳
awesone. this was helpful.
hello friend, purchase some roseon, it is a great investment (); you will regret it. the tokenomics are good. i already put in, 65690usd!
hey mate, looks like you need some roseon, it is a wonderful investment (); you will not be thisappointed. the tokenomics are good. i already invested, 24288usd!
hey mate, this crypto will rise to the moon!!. it is called roseon () make the investment and you wont regret, the tokenomics are good. i already put in, 46000usd!
i invest 50% shiba inu 50% jasmy
shib swap for ufo token = 🔥🔥🛸🛸🛸 fly shib fly
burning is handled by the devs? can anyone explain why the wallet "black hole" is shifting shib out to another wallet and back to black hole after a couple weeks passed ? ...seems to me from looking at some transactions your burned shib is not exactly being burned just passed around 🤷 ...etherscan does not lie check for yourself please enlighten me because its looks dodgy
i want to see the world financially balanced so there won’t be anyone in control anymore and things will be more fair for everyone and it could advance our evolution process in the way but where there’s a will there’s a way. here i am planning to burn shib will everything gained from this but i will need a lot more subs to make this happen i’m howling out to my shibarmy for assistance so i can too join the renegade of burning the shib
can anyone stop this shiba-inu bleeding 🩸. wow. 50% loss just about in 1 week. come onnnn
question regarding shibaswap...only rewards i get from staking shiba is ryoshi... no bone and eth rewards...anyone else with same issue?
how do i find my recent shiba purchases on coinbase pro app? they all just say . seems like there aren’t enough digits to show me what i purchased at
im here for it all 🥳🥳🥳
accept shiba as payment in amazon...petition , sign here
i have 500 million shib should i sell or hold?
new here... asking where to get them coins, is there any trustworthy platform where it could be easy to exchange other cryptos for shiba?
buying the dip right now! added another 50 million! bada bing, bada-boom!😆😜🚀🚀🚀
hi, looking for some help if anyone can give me advice. i am currently trying to figure my avg price of shib. say for instance i purchased 250.00 worth of shib and out of that 250.00 i eventually converted 50.00 of that to another crypto. as i am adding and figuring out my avg price would i include 250.00 as part of that or would i add 200.00 being that the 50.00 was converted to something else. i've tried both and the final avg price is a slight difference so i was asking which way would be correct? sorry if its an easy answer but just wanted to ensure i was doing it correctly. thank you for your time and any responses. good day!!
i bought some today... planning to buy 3x tomorrow! holding all up to the moon!
heave ho for gyen while shib is leveled out! they messed up the blockchain tech and it was meant to be a stable coin pegged to the yen but it is manipulatable, let’s knock a 0 off gyen the shib community could help a bunch of anyone wants ❤️
shiba it’s working on burning
shiba chart is puming huge today
shiba chart is pumping huge today
let’s win this :
burnlinks.com —— i am trying this… just started this website to try to help burn shib. it’s simple just set as your home page and use it to click the links to get to popular websites… all advertisement profits go to burning shib. it’s a work in progress but i signed up for google adsense. what do you all think 🧐
any of you shib army legends buy some more today? we are early!!!! let’s go
its amazing day, shib is doubling your assets, follow the link for more info.
all i heard was strap in and hodl on tight to your 💼
can someone explain me the ecosystem like im a 5 yold? why would i want leash or bone instead of shiba? how do i get bone? what is the point of a stake? obviously im a crypto noob, sorry
does shiba inu token make nfts?
just a question to all you loyal shibaarmy brothers and sisters? since we cannot post anything about other coins here if you would not mind checking a post on my profile about a coin i cannot seem to find out much about other than people making videos on youtube making it look so legit! your knowledge and information on this would be greatly appreciated, and thank!
shiba inu to the moon. love to see it. [game studio in the works for mobile gaming 👀](
i was thinking about all the hype about 1 million account hodlers. man then i thought about the 7 billion people on the planet. so i bought more.
its an amamzing day, crypto aird drop is live now , follow the link >>>>>
q: i have not 'deposited' my lp in woof (for leash-weth pairing) because of the ridiculous gas fees (as high as ,000 or more). and because i just added 3.8 new leash & have not decided what to do. 1. am i getting credit for the pairing, pools, accumulating rewards, etc...? or must i complete that final step? 2. i think i overdid it with shibaswap & the last batch of 3.8 . i do not know what to do with it & frankly i'm frustrated with these gas fees! what's the best bang for the buck on leash in your opinion. i'm not sure where i want to put it & do not want to buy more ethereum, pay to wrap it into weth, pay for each entity to pair, pay more network & ethereum fees to process, then..., etc... 3. and if shib keeps tanking like this, i'd just as soon buy more shib! but not on shibaswap. i cannot stand these retarded additional fees. any advice? thanking you in advance.
lfg buy the dip you fukers
well, the drop in crypto values seems to be hurting some of you. but if you're quick enough you will get it all back fast. even more... those who do not know theres a give,,away going on right now just look at thank me later.
i agree. nice to see another shibo and shib holder. we will build the shibauniverse
would this help the community?
well, the drop in doge value seems to be hurting some of you. but if you're quick enough you will get it all back fast. even more... those who do not know theres a give,,away going on right now just look at thank me later.
i just unstaked from shibaswap to my trust wallet but it didn’t work. instead it took my eth fee but didn’t unstake. what did i do wrong?
isnt it impossible to break or get close to the ath if we dont burn back those 150 trillion or w.e to get back to a circulating supply of 300 trillion?
friends, realisticly? one year from now? did we lose 1 zero?
100million shib should still be everyone’s goal and it’s still reachable for ,552.67 usd. sorry in advance for the long post but here i go. i really like this saying, “if you know yourself but not the enemy, for every victory gained you will also suffer a defeat.” for many in shib army this is a reality. they know themselves, only until an article of fud causes doubt that shib isn’t exactly what it says it is. i invested in shib because i believe in the entire shiba inu ecosystem that has been developed. the nfts, shiba inu own blockchain, shiba swap , shiba inu game with former activision developer to create shib nft game william david volk to consult on its play-to-earn nft game, shiba inu metaverse, as of today 12,070,350 million unique wallet addresses hold shib tokens. global 🌍 adoption , bitcoex, taiwan’s leading crypto exchange list shib, the top exchange in india, listed shib, the top exchange in brasil 🇧🇷 listed shib, south korea largest exchange listed shib, biggest exchange in spain 🇪🇸 listed shib. all within the last month. massive burn 🔥 implementations that are taking place. argentina real estate is now excepting shib. amc take shib, now payments now take shib. we went from ranked 65 to now ranked 13th crypto. chips is one of the fastest growing casinos and they just officially announced they are accepting shib. vegas auto gallery now takes shib, newegg takes shib. bitpay takes shib, travala now accepts shib, that means shib can be used to book 3 million travel products worldwide . shiba inu coin accepted on flexa, ask the doctor now accepting shib, trading platform keep adding shib, whales are buying shib at this price. a lot of countries not just usa is buying shib. and to top it all off we have a massive community that is going out of there way to advertise shib. mass adoption is happening right before our eyes! all this without the robinhood listing. (that will soon come) for me shiba inu is not a meme token. it will soon be in the top 5 cryptos. lastly as of 2021, estimated global crypto ownership rates at an average of 3.9% thats nothing!! imagine where we will be in 2025-2030. stay blessed fam.
can someone please explain to me how burning is legal.
you can put shib in the aabb wallet now. you can also exchange it at aabb exchange.com if you guys are ibterested
next big meme token fluff inu launching today with 10bnb liquidity. pushing to 100k market cap now!! pumping hard! 🐕🦮🐕fluff inu 🐕🦮🐕 launching today!! carbon neutral deflationary memecoin. 🌲🌲 10 bnb starting liquidity 💰 contract verified, liquidity locked, ownership renounced 🗝 major marketing pushes! influencers lined up 💃🏽 realistic and attainable roadmap, clear path to growth. 1mm market cap and 100x potential!🌖 you missed doge, shiba, cheems do not miss fluff inu. it is finally your chance to be early... the community will help build this token from the ground up. be a part of history. ⚡️⚡️⚡️⚡️ contract telegram subreddit 🐕fluff inu 🐕 stealth launched heading towards 100k market cap fast!
5% xrp doxed team great community happy new year
can someone help me? how will shibarium effect shib? do i need to get rid of my shib for shibarium? will shibarium be the new shib? i’m a new investor and don’t understand this at all… i’ll give whoever answers properly and in depth 100,000 shib
metapets next shiba 💯🚀
hi all, can i transfer my xshibas to another wallet, and what does happen with the shibas stake? 😊
fuck i love the shib army - i am buying more of this coin!! 520m and counting
saw this all over social media, sort of shocking if im honest. all eth believers read this now. those who do not know theres a giveaway going on right now just look at sharing for friends :)
can we also add to this all year different shib systems coming into place?
go check out ponyoimpact.com they’ve auto donated over ,000 to the coral restoration foundation and now they are releasing their impact nft launchpad their first mint is next week with surfrider foundation!! their launchpad provides a space for organizations to have nfts with perks to raise money!! it’s 100% genius and unique making it the first mover!! massive marketing push next week. don’t wait.
confession of lover i joined project by chance, i was skeptical first,but seeing they work create such a vibrant community,at that moment i knew my heart could not without because we are
scroogecoin has been flying recently, only 4 weeks old and already 30x since launch. approaching 2000 holders with a current volume of over 300k and a market cap of ,000,000 awesome community backed token with real utility in the form of a play to earn casino arriving in q3 this year, the only casino in existence where the house never wins, scroogecoin holders will receive tickets based on their bag size, these tickets will be your "buy in" to the casino games, you do not pay for these tickets, they are included in your scroogecoin holding. add into the mix 8% reflections paid in stable busd from every buy.
why is shiba inu going down daily ? please explain anyone
right guys just joined so hello... i have a coinbase account and its showing 2100 not 2800 what the f is going on ...this is unfair
social media posts !!! tik tok, twitter, youtube, facebook talk !! convince more people to buy shib. that's how we will get 0.01 !!! do it guys
we are always rising👌🏽! we have a lot of whale🐳problems i see. we about to bring out our front line shibs w.🙌🏽 lets keep them shiba inu 🔥🔥🔥 parties functioning!! been letting that bigger entertainment just play!🎶🎼🎵🎤🎧💪🏾
physical silver and gold
jesus christ this drop
i have a question…i bought noront resources because i live in one of the surrounding first nations, and i know that it will be operational someday…i see the stock market crashing but noront hasn’t moved at all since wyloo announced their offer…just wanted a pros opinion on what this stock will do…since it hasn’t moved just curious…i know i may be asking in the wrong place. thanks
i am concerned about the anonymity of the creator(s) of this crypto. we do not know who they are. very sus
i hope so. holding aprox 300 million. however is .000000007ish and you get wcro for hodling the coin. . another is cromoon .000000003ish. it's a deflationary coin that continuously burns the supply by every transaction and you get reflections for simply holding the coin both of these coins can be found on cronos unfortunately i do not get anything besides a small amount of shiba inu from staking it in the crypto.com app i get about 85,000 a week these other two coins you can make quite a bit of passive income check them out
if you a shiba inu holder peño token is rewarding for holding between 2020-2021 check it out folks
’ve ventured over to twitter you’ll see there are whales 🐳 saying they will give . i’ve tried it and guess what? i received nothing! now i’m unfollowing those giving away ’s! go to livecoinwatch.com and check the total (999.992 t) and circulating (589.659 t) supply. will someone tell me how the hell are we going to drop zeros off a price of .000022 with a ridiculous excessive supply like this? whales claiming to give away ! where is shibainu developers who said they were working on a burn 🔥 program? there are trillions (t) of this token and if they developed it they should have the ability to reduce it! keystrokes should be available to burn trillions of ! we’ll be stuck at this price for years if the whales keep giving it away and the supply isn’t reduced! please unfollow the whales 🐳 claiming to give it away and follow the burner’s! of course if you want to sit at $.000022 then have fun checking your phone or computer to possibly see it go back to 5 zeros 😳🙄🤯
shiba inu is man’s best friend, we man as a best friend can not be trusted himself! that goes all the way to the top people. we tired of seeing president’s on the dollar bill. y’all want paper currency cool. we want man’s true friend on ours. can’t tell us where to spend our already taxed on dollars. shibarmy to infinity and beyond!
: 1 quadrillion supply. 1,000,000,000,000,000 🔥~50% burned at launch into a doxed vault wallet 🔐liquidity: 100% locked for 6 months 🤑6% eth reflection to holders 💪5% project development (mining rigs and marketing) 🚀1% to contract provider
is shiba no longer fighting for the 13th spot on the chart. today is a 13 day in the year 22 as in 2+1+4+2+0+2+2 = 13
i bought into this stupid coin because i have doge fomo; and every coon that i’ve researched and held onto for several years have failed. then i said “fuck it” here i go.
i just found this in twitter, sharing with you guys, lets help ukraine in this hard times...
i almost died scrolling down here
darkcrypto on cronos. all i need to say
burning shib from the contract! love to see it!
i got a side gig so i could buy more shib
. if you are new here, the current price is likely to provide a great point of entry. however, i would recommend first reading up on cryptocurrency. don't just jump in on fear of missing out. make sure that you know what you are getting into first. you can use to get started, it takes you through the process of buying on an exchange step by step. the additional articles on the site should also answer most of the questions one might have starting out. :)
great news for shibarmy and nft fans: we launched a shib trading campaign! prize pool: 💰 usd 100,000 of + 500 exclusive shib nfts. trade shib in the crypto.com app now to join.
this feels like the only useful post in this sub. just bought in today and have to say this sub is underwelming in terms of actually useful info.
i was wondering the same thing. i'm trying to get a better understanding of the potential burn rate with some of the up and coming projects that will burn shib.
that is a good one. i will figure this out.
1 cent is unlikely but not unrealistic, doge went to like 80 cents at one point so it all comes down to mainstream adoption. just put some in and hang on
this is being updated and checked. once we cover most of the ground it will come up on the website. that is the reason why i post it in here first. because i think the community is really good about pointing doubts and helping clarify things out. it is a drill in a way.
cool! i got your request and i will add it up. thank you for helping.
hold thru the dips
now it will cost you .70 for those 10 million
a bit more than half of the total circulation have been burned. but i wouldn't focus on burning as much as i would rather focus on the number of holders we have. at this point, shib is ahead of schedule and is performing at the same level as doge was in 2017. it took shib a year to get here while it took 4 years for doge to get to this point. i am not questioning which one is better than the other but what i am trying to say is that the sentiment in general about the crypto market is very bullish. way more now than what it was 4 years ago. on another note, shib has a lot of potential because the team is ambitious and is daily involved to better the token and to create an environment where investors can benefit. shib dev’s team are honest, transparent and they care about investors which to me is the most important part.
if you can afford to buy shib and put a 1 year **hodl** on it. i feel you would not be thisappointed. the key here is to **hodl** and buy only what you can afford to sit on. i am still buying dips and **hodl** for the long term. happy shib holidays folks. peace
i did too! smart move!
atm is just because of another project that is giving shib as rewards in the pairing option. it will be more intentional when shibarium is live because shi will burn shib in transactions.
that is true. they suppose to get the rewards. i personally didn’t do a ryoshi pair myself so i am not sure how rewards are coming up on ss. for the bury function, yes, you don’t need to woof because that is your 33% only. i mostly woof when i have at least 96% more than the gas fees. but when you woof you can access your rewards and stake them back to the pool so it compounds.
how can a shib whale buy % in price intraday.
i'm using coinbase myself. i already had it setup, and funds available, so it was the easiest way for me to buy.
hahahaha… i wouldn’t know where to start! wait, i got it. ;dr: buy shib, leash and bone, use shibaswap! 🐕🚀🚀🚀 thank you.
that is a good one. i will add. thank you!
would you look at that, all of the words in your comment are in alphabetical order. i have checked 173,836,727 comments, and only 42,346 of them were in alphabetical order.
yes. that is true. i will make sure to add desktop as well.
for anyone reading, if you use a browser, install “metamask wallet” in your “extensions”. i recommend chrome or brave browser.
eth network. unfortunately they are expensive when there is more volatility.
try to clean your cache. that might help.
how much was it at when it dipped?
we still don’t know who’s behind bitcoin’s creation, there’s 1 million btc out there and nobody knows who owns it.
there’s 81,118 holders staked in shib alone. we are a sleeping giant.
not for everyone. get out if you can’t handle the volatility, we understand
22 million shib would be 2 million dollars at 0.10 which is what i have now
please google “cup and handle” traditional trading formation. ty!
dude, what kind of video is this? it can’t be serious.
ahoy doger_2021! nay bad but me was not convinced. give this a sail: freakin paperhands be on action as our jolly crew speak! arghh
appreciate you bro 👌
hello friends i want to share some joyful information. yesterday i registered [here]( replenished my balance by 30$, received a bunch of bonuses (260% welcome + 40 fs on wild hog luau:) and, as a result, i win 1200“wild hog luau”
check out r. discord is where all the info is.
elon burn yo shit
ikr tripled i wish i bought way more
grateful to hear that
will shi eventually outpace and replace shib? what is the role of shib if the end goal is for shi to become the shib ecosystem's token?
i thought as long as you had buried, you were supposed to get ryoshi... not sure if there was a specific pairing needed. can't find the announcement anymore
because there are so many tokens circulating, but... everyday less and less,... hodl the line and in the end all things turn up fine!! 🤘😎🤘
i think you forgot to add the last one above. here is another good one especially item 8 and item 9 which i have not seen mentioned elsewhere. [
hahah it’s working now, it my fault , i’ve been trying to login to shibaswap with binance smart chain network, that’s why it doesn’t shows anything, now i switched to etherum mainnet and it works great 😅
658k hold shib rn actually
he’s a comedian with 14 years of trading in the nyse and 9 years in crypto.
same here i only spent about ’ve been worth around 1200 and some thing i’m stupid for selling but it was either have problems in my bank or leave this like it was but every time i buy now i’m not going to sell anything hopefully the price well stay the same for a little bit so i can buy more when i get a chance
amazing. you are helping a lot. 🙏🏻
i am working on it for sure. we had a lot going on the past few days but is on my to-do list.
it’s all good. this questions helps other to figure out as well. 🙌🏼❤️ i am glad you fixed the problem and shared with us the solution! 🙂
op is telling elon to burn his coins. that's what burns are. people who own coins destroy them. yes, you are asking other people to set their own money on fire so your token is worth slightly more.
so it is. nice.
oh wow this is real?? that’s legit
the train has left the station 🚂🚂🚂🚂🚂🚂💰
wooohhh... its like doge all over again
shiba is far superior to doge, i have both.
thats like porn to me
come on .01 🚀🚀🚀🚀
hug me brotha!!! take my hugz - josh peck
lord have mercy. let’s all say our prayers. because my seat belt is fucking buckled?!! no ahghhh i’m spazzing
yes, and i saw an article on cnn talking about this too! good publicity 👏
woah!!!! everyone, and i mean everyone. upvote this post!
hope it will reach 0.1
i just got an erection looking at this.
question guys! is akita the sidekick of shiba because everytime shiba goes up🤷‍♂️
this is what i’m talking about 🚀🚀😎
so i should buy shiba?
sick! endless possibilities with shib
now let’s other news channels popping on it!
shib is going up now📈
crypto currency cap is showing 24h at ^155.13%
yeahhh we run deep
tell those that sell that i will buy their coins !
ladies and gents, the wife made a sweet video easy and quick explaining what market capeasy way to explain market cap is and why it’s important! please check her out and we encourage you to drop a comment letting her know how she did and things she might have missed so we can do better next time for the masses! we don’t do long intros, or waste your time with unwanted things !>[easy way to explain market cap](
time to buy another million
bring this to the top
post on other subs toooo
here come the 🐳
let's make a quick 500% gain
really fomo about not getting in 30+ days ago, jesus christ.
i fomod in right before it dropped in price my o my regret i threw 10k in and could have got almost double sheebs by waiting a day but oh well i’m never selling
we are still down more than 50% ath why with all this publicity are we going down?
shib is the new doge
anybody else rockhard right now?
free marketing! that’s the stuff! ka-ching!
im so fucken pumped up!!! lets go!
yeah but i've been flat the past couple weeks. no worries, still hodling!
yes, let us goooooo!!!!
why go through all that just look on coinbase and see who has the biggest gains of the day
this is the way! 🚀
is this for f?
i'm so happy that i got in last week!
how is it up 20 percent in 24 hrs?? im down 5 percent in 24 hours.
wowwwww thats a double downnnn
man thats the first time i've ever seen anything off of fox news that made me want to take my phone in the shower for a few minutes.
shiba + btt to the moon!
legit? impressive! i'm not a fox guy but this is really cool to see! thx for posting!!
i don’t like fox news, but glad shib is getting more exposure. lol
good news guys, still burning
now let’s get it back to ath. where i bought in at 😭😭😭
i can say i saw it too.
be a blessing to others with your newfound wealth . this is not financial advice
we r growing big day by day ☺️
gaining realllllllll traction 😎😎😎😎
we all need to hold till thay one cent than take alil off the top and keep on holding
even i have to admit; this is the best thing i've ever seen on fox news.
.1 by december source: jeff bezos
good! we definitely have donald trump interested now
fox is shit, but shib is rising!!!!
am i the only one who’s not being overly optimistic about this coin? i have 10 million but i just don’t see a possibility that this even gets to 0.001 based on how many coins currently exist. wouldn’t a massive amount have to thisappear?
bring on the boomers and all that ‘i bought a house for ’ cash.
shib is the people’s real crypto! let’s go ! shib is the way 🚀💎🙌🚀💎🙌🚀💎🙌🚀💎🙌
sounds like we should 🍾🥂🎉
this is a big deal, so is yesterday's 40% burn, why is not it being reflected in the price?
hold the line me boyo an girlo about to unleash the shibs
wow never thought to see it on any news stock listing. guess you just gotta believe!
big dogs on the move!! 💪🏽😤 shib army takeover!
that's the way we're gonna get big is by sharing all this and really building the community. we grow stronger everyday
buy before it fly i believe go 0.1 soon next year🚀🚀🚀🚀✅✅✅✅✅✅✅
amazing we are getting known by world...soon...👌
0.018c in 2021 i feel it :p
buy shib and hodl 📈🚀
yesss baby hey shiba lnu is everywhere now lets keep shilling shiba everywhere to freinds and family this is only the beginning to a bright future for the shibarmy 🚀🤑🤗👍
check out crypto dot com they got a liquidity pool paying two million usd in shib rewards gotta be good for shib
uh oh. you mentioned fox. gonna trigger alot of folks in here. having said that, this is good to see. lets go .01!!!!!!
we need to start burning tokens! be a smart ape and if you have 100mil burn 1 mil! only way to get to 1cent and beyond!
this is not safemoon calm down
i bought millions of shib today, just because i am kinda peed at the drop in doge. its so bad i am down thousand thanks to snl stupid jokes, especially mom saying 'i hope not!' that has sent me backwards, but looks like it may pull out of the stall shortly. anyways, now i have shib too, bought it earlier when it was just touching 14-15 ish. anyone else feel my vibes on this? we going to at least 5-10 cents maybe? upvote if yes, down if no!
the whalea are getting ready to scalp shiba again... just waiting for broke bozos to buy more
ughhh that’s good and all but fuck fox 🤮
i'm telling you guys
if someone venmos me 1 milly then i'll actually hold forever.
what did they say about shib
this is the way 💎🙌🏼🚀
honestly what’s the momentum on shiba! i see a lot of negativity about it when people say it’s going to be close to 1cent? is it absurd to think that? obviously i’m talking about years to come...
is it there in binance us?
heck yeah baby hold strong lives are going to change. hold for the long run...
its actually down 5% in 24 hours so not sure what this is, mind you fox news is not known for its accurate reporting.
this is good news boys and girls!
shib wants a market correction soooooooo bad
let us rock! let us rock! 🚀🚀🚀
lets go 🚀 🚀 💎 🚀
fox news we not going no where. damn damn damn
holding my small amount of 81,000,000.
an error occurred when trying to execute this swap. you may need to increase your slippage tolerance. if that does not work, there may be an incompatibility with the token you are trading. note fee on transfer and rebase tokens are incompatible with uniswap v3. can someone tell me why
i can imagine my 81 year old father in law thinking “what the fuck is this shit?”
i just cannot imagine the faces of all those haters and fuders hahaha
nice, fox can sell a full outhouse to a septic company!!
don’t forget the super conservative younger cousin sanshu inu! as it is finite and gives back to its investors while also burning as it goes my two heavy bets are on shib and sanshu❣️
shiba army!!! we are the biggest and we are the best!!! 🐕🚀🌝🤑
if there is anytime to buy...its right now! invest in yourself...for humanity!
wow wow wee wow!!!
you know msm is really desperate for positive market news when they start covering cryptos.
is it possible for uniswap to burn tens of billions of shiba if they want to ?
my phone says up 938 percent in the last month.
only got 5mil coins but it is something!
bitforex has them all shib safemoon safe mars some ( up 800% right not let it cool off)
remember after you make it keep putting in with the intention of holding. take 10% out only during the rise to keep the price down a little. but when it drops hold. we have to help hold it up. even if it is only a little each month.
buy shiba inu on kucoin with no fees you can watch the videos on youtube or i can tell u in here to the mooon roket emojiiiiii
this looks good gentlemen. lieutenant here. buy the holds and dip! hands vvs until we hit a penny baby!
i love shiba inu breed and the coins. can this puppy grow to .01 in the near future with trillions in supply ???
i have 65 million shiba tokens and i’m buying 45 million more soon. let’s go to the stars ✨🪐✨
means nothing if shib swap is not good. meme coins are all about luck
so happy for my fellow $
we need that publicity!
isn't this destroying the environment?
lel doge get rekt
' [t.me]( ' shibafantom.com
aussi site is pretty good with fees and payouts .so excited great news to come !! if anyone wants to check it out
use referral code to register on crypto.com to buy shiba! we both get 25 dollars :)
[shiba on business insider](
momma we made it
what’s the total coins circulating. my crypto.com tracker has been stuck at 39% for 2 weeks?
no fucking way xd
if you would like to donate shib so i can be a millioner this is my address:
how many coins we all hodling??
"united we win" unfortunately they have tried to stop this! i am sure they would not succeed a second time! right?
ye definitley crypto.com is easiest way to buy shib they even offer a variety of visa debit cards
guys what do you think will be the price of shib this summer??? i really hope for a big increase next month
use my referral link to sign up for crypto.com and we both get 😝😝 get that shib!!!!
this is...only the beginning boys!🔥🚀🚀🌛 💎👏🏾
everyone still down though
go ahead, grow and hodl! 🙂
i also saw an article on the dutch version of businessinsider: [ so i think some rich human, capable of influencing the media has bought into shib.
community based tokenism is the way. this is just the start 🎑🎑
someone on foxnews invested into it and have lost money and wants it back lol
that's awesome... onwards to 🦸‍♂️🦸‍♂️🦸‍♂️
we are gonna liveeee ⛓chains broken my friends!
shib go to mars soon
nice. to the moon!
to the moon too…
wow that is strong lol im gonna use that one. i just moved from there to st.leo. too many know it alls in rdpitts. who the fk would have thought you're from montreal. that comment was a long shot
finally in the mainstream? must be the dump coming
yeah let's goooo! ! ! 🚀🚀🚀🚀
lol idk if complementary but go team i sold weeks ago before the boomz but so happy for you guys
are there wallet addresses for shiba?
was this just fake? nothing so far.
lol this wasn’t today we down 24.5 percent in 24 hours but we are strapped and headed to the moon so buy the dips 😅
the best way to buy shiba is linking a metamask wallet to uniswap, and buying from uniswap. metamask wallet needs to have etherium, then you can keep your shiba coins on metamask wallet since it is an etherium wallet.
where is the pump day at?
this is a product of photoshop.
you have not had a shiba swap for 3 months, and this caused a loss of confidence.
get on the train before we 🚀
fueling of this rocket ship continues... ships onboard computers are synced and all go... t-minus countdown for liftoff continues...
bought shib when it was 721. hadn't looked in webull for awhile. suddenly it was 1450. i bought 10 million more shares. i bought another 4 million at 2,000. it will hit 3 today. i'm not selling though. i'm staying as long as it takes to eat another 0.
guys i lost my 738. it was my savings from the last 3 years from my pocket money.can you guys , i am embarassed to ask for help , help me get over the loss :( tceavhrstcxa4azfh1ymh4jbkehh6g8fs6 - trc20 address - bep20 address reddit have been a really supportive platform , i hope it does in my case , i will be really really glad ♥️
i love this clown world.
fox news no on even watches this shit anymore
it's making something big alright
buy and hold. buy and hold. that simple. treat it like a time capsule
it is so nice 🚀🌕
it's on the intharwebs, so it must be real.
if thats means that were going to 0.01
damn it, didn’t get enough shibs!
yeah lol. but shiba better 👀
i agree. i could only afford 800 doge, it has basically sat idle at my buy in price, or dipped below it, most of the time... 400 bucks worth of doge. i've got over 2k in shib, at 115,000,000 right now. so, the slightest bump beyond .000026 territory, and i'll be back in the green... bought a lot at .000015, before the "gifting", but i had bought as it rose in value as well, hoping to keep pushing it up... then the gift... swore i'd just let it sit, until something big happened and , started making small investments back in it, once the burn happened. the volume of coin will make you more profits, if i go up to a dollar in doge, i have 800 dollars. if i go up to a dime in shib, i start looking at vacations and if it hits a dollar, i start planning on retirement.
nsfw should be added to this post.
i am hoping it gets to .
this community is fucking amazing yo. 😭😭😭
might need to double strap fam. this shit is gonna fly tbis week🚀
how many you hodling at?
cnn is bankrupt. they’re losing viewers everyday. i doubt people watching cnn have the cash to invest.
it's highly unrealistic, but fuckin crazy world i hope it does!
the army is fucking deeeeeeep
shibs has gained so much momentum since i joined 3 weeks ago. i'm gonna double down more on todays dip. answer your question, yes!
other tv's like what? cnbc? just curious...
i got it at .00004 and doubled down each drop. with coins worth as low as 0.00002 hold
bid those yond selleth yond i shall buyeth their chinks ! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
the whole market is down
wetter then a water slide 💦
oh its true. its damn true!! (kurt angle voice)
haha right?!?! lets go!!!
yup! just turned on my tv earlier and it was there
lol me either. fox is terrible
alreadt buckled in i see 🚀
by massive amount do you mean like 40%?
if they burn it, would they make it scarce and gain value?
our generation will be like: "i bought a house with shiba shiba" 😂🤣🤣🤣
what the hell lol... you do realize that people need to buy in before a price moves up right? people holding + increased demand makes the price move up. your comment sounded a lot like "when lambo".
sources! don’t just come in here cap’n *goodmoney*
ok. what coin do you invest in? since you seem so knowledgeable and all.
that’s not how crypto works dude
we remain stable compare to btc and the whole market. very good sign
81 mill. 81 trillion. 81 hundred. any amount is good amount. don't be thiscouraged because you got a few milly!
maybe and yes i see more burn downs coming...anything can happen in this crazy crypto world.
sorry sdoge is up over 800% auto correct
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **22743** times. **3.** `u-the-dogo` **8481** times. ... **1370.** `u` **23** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
yeah fingers crossed that there is not a dns attack day 1
doesn't matter. just hold and watch.
funny that it dropped 8% since then
my upvote made it 111. we are going to be rich.
you have referral codes embedded in those links?
i used binance, i'm not from us, is it bad that i use binance?
there is no shib on sell at coinbase
lol! yea bc this looks obviously fake? this is the proof homie! were you hoping for a video of a guy turning on his tv ?
proof?!... you want proof that its not fake?
juve sucks waglio, straight from rdp
that'd be a life changing amount of money honestly. i'm not getting my hopes too high
dont sell at .01... hold until it gets to . :)
there is still time, it is dipping right now
how much shibs do i need to retire? asking for my dogs so we can hang more.
why's shib better? i'm uninformed i have not looked into what it is other than another doge like meme coin. what's it have going for it?
i see doge trading sideways for months until the inevitable tweet from elon that its being adopted to tesla or the rocket launch next year. shibaswap is pretty exciting imo
lol. it won’t hit 10 cents even by the time you are able to retire.
lmao 😂y’all too funny on these comments... i’ll drink to that 🍻cheers!evryone
please be realistic. the marketcap required will never get to that level without insane amounts of inflation and
do you think i have 9 hours of time? thats when my bank gets freed?
747m...need to buy more
💎 🐾 baby! i'll ride this train all the way to zero, if that is the way the crypto good will it.
yea but their viewers are brainwashed so it might help
not really... i jumped in at .000014 and out at .000034 , i took my almost triple and sold it asap, i did keep 10m shib just incase it ever does anything... i dont have much faith in shib doing anything really. its a social expierement in " how fast can we create how many bagholders" thats all shib really is. another ponzi. im not a ride the hype and hold forever waiting for something that wil never happen... im in it for 1 thing roi when i see profits i take them no matter how large of small. im too lazy to lose money, or just let money sit and earn nothing waiting on a pipe-dream. the 10m shib didnt cost me anything, so i will let it sit until it hits zero. i cant see a moon from the shib camp. all just black sky
is that the number? i don’t know shit about cryptocurrency as i’ve only been investing in it for a few years but the numbers just don’t make sense to me. if i become a millionaire from my share, so will countless other people. i hate to be negative and i’m definitely a supporter but i never once bothered to check the amount of coins in circulation and the number just shocked me.
yeah that’s the idea. might take a little time for us to see the effects of it though.
yeah yeah yeah, i'm not complaining about not being a millionaire yet, i'm just saying there is been a lot of good news lately at specific times and my understanding of how economics works makes me think you'd be able to plainly see each of those events on the chart. edit: also, when lambo?
so you gonna take the deal or not?
i do this kind of math divination to affirm my life everyday... 😖🧠🤯😎
i do this kind of math divination to affirm my life everyday...
yeah u. there's something in it for him somewhere...
if your using crypto.com. sell 10% everytime it moves up 20%. and sell to super charge. when it drops withdraw from supercharge into shib again! after 45 day charging period, collect your free coin while multiplying your coins from buying back in low...
crypto.com charges a minimum of 10% for a takers fee on shib, even though they do not advertise it. it's like 3% on doge, but they do not advertise any of this. crypto.com is a scam!
is there any gas fees and swapping eth involved with crypto.com?
except in ny where the only option is uniswap but the gas fees are 10x more than the coin lol. last time i tried the fees for ,300 etherum
my all the credit cards in us were declining the transaction
this is a little incomplete as an answer you gotta get it to metamask to interact with shibaswap
its not a big deal just seems thisingenuous to not mention it
from méxico here, i use binance too, and then send ir to my ledger wallet. you're ok.
we all use it!
my binance acc got locked with 11000000 shib lol fml
using binance too, great platform
me too. is pretty good tbh.
the man wants a detailed background of each fox news contributor that contributed to the segment, otherwise it might be fake
straight from st-léonard va fanculo rdp republic of dumb people lolol love you
i think with the publicity and shiba swap and more whales burning coins and the continued enthusiasm from our community we could certainly see that in the next couple years. long game fam. long game.
yeah that’s fucking impossible
chill, i wish it would but it am not happening with the current total supply. if we hit
only way to 1 cent is to burn baby burn! with all you buy burn ten percent! need to get rid of as many coins possible to make it beyond 1 cent
rather we will not live to see it
6trillion market cap for 0.1, too lazy to calculate it for
lol will never get to that. this is not bitcoin, dummy
it’s not a joke. it’s going to be used as an exchangeable token. similar to uniswap, sushiswap, and pancakeswap. they just finished certification for the shibaswap platform today and from what i understand it passed. so it should be launching soon. that and vitalik burning 410 trillion coins will see this crypto rising in value quicker than expected. probably not , it’s so low right now at 0.000017, that even an increase to .001 will see a lot of people getting paid. i’m holding until .01 and then only selling half.
it’s defi! shibaswap will be launched soon. doge is meme with 0 utility behind. (doesn’t mean you should not have both)
it’s a joke dude, he’s just saying that to pump up the price of shiba since he’s more invested in it than btc
they said the same thing about doge. i listened. i shouldn’t have. i had millions. sold them all.
put your god damn dick away!
wasn't the maximum it could get at around 0.03?
still very early in my opinion. hop on the ship with us my good friend!
nice, i’m at 20mil... would love another dip to 12 to buy up more
just happy your boi donny trump is not in office golfing everyday. lol. dude is a joke. about as much of a joke as what's left of the white man's party.
i don’t blame you for not being overly optimistic. being cautious and skeptical is healthy. optimism and people buying in will help drive the price of this coin up, but the optimism in this sub can be extreme to the point where it can be a little toxic since it will convince some people to put more money into shiba than they can afford to lose. by 40% i’m referring to the vb transaction. vb burned 40% of shiba supply yesterday so those are permanently out of circulation.
it’s a powerful angel number😌😆😊
yeap crypto.com is the easiest way to buy shib, upvote it (like) if you agree☺️
u can withdraw but it’s 1.5 millions shibes
so we can’t turn shiba into usd on crypto.com right now? they let you buy it but not sell it?
that's a really good point. if someone could comment or provide feedback would be great.
i’ll sell to fiat. i think it’s around 10% but if it goes to the moon idgaf about 10%
i am sure they used to use different username as i have seen that comment doing the rounds for months
full transparency, i have a fairly substantial , so helping new people onboard serves both them and me by bringing more people here :)
no that is why we're getting this large ass dips. the price is so small stupid shit like this makes it go down quickly.
i idea what you mean by supercharge
3% flat fee, but zero fees for 30 days
not really, people using the code get .
justamente soy de méxico, cuando dices ledger wallet, te refieres a tu cartera personal? la verdad no he llegado a ese paso, simplemente compré monedas y las tengo en mi cuenta de binance, pero me interesa saber sobre dicha cartera, escuche que uno instala en pc una cartera o pagas por un servicio?
liar. there’s not internet in mexico
i’m from sweden and using crypto.com. how do i convert my crypto to sek or usd? i have searched everywhere but can’t find the info
thanks though, i'm from mexico, and the first recommendation i found on internet was binance, then i found out there is more problems in binance us than the international version
why is it locked?
imagine if you asked everyone to somehow verify that they are not posting fake images. believe it if you want to, just like everything else.
wow that is strong lol im gonna use that one. i just moved from there to st.leo. too many know it alls in rdpitts. who the fk would have thought you're from montreal. that comment was a long shot. all in good love zizi
that's a very good point. my mindset is if you get your hopes to high you just get impatient and stressed out lol
so in it sounds impossible but if the swap takes off and we have our own block chain then it could happen. shiba inu could be a new bit coin as the chain grows and forks out. the samethings was said about bit coin when it was new. as it grew in the chain it became the gold standard for crypto. it is up to the creator of this if they want to put in the time and keep it growing
how do you intentionally burn coins?
that's why we need to get those cave dwelling aliens on mars to come out of hiding and buy some damn crypto. pretty sure that is elons plan
you are right bitcoin was first of its kind. and to be real bitcoin is worth less than the tech that it brought to market. as in blockchain. blockchains have made more money than bitcoin ever will. as all coins use this chain that was created by satoshi nakamoto. it might have been changed but the coding that is used is just a alternate version. so as is if ryoshi see it fit to dream it can be what ever he or she wants it to be. apple never made anything first they just made it better. i-phone there was cell phones. i-pod there was mp-3 player, before there was mac there was computers. apple just made it better.
already way more users involve in it’
thanks for the info, i did not know it was defi. interesting
yup, i mean at some point you have to cash out or else what is this all for. unless you believe that every time you sell a . which i do.
agreed. doge has gained utility through sheer community push. i’ve heard their reanalyzing it to figure out a way to keep it from being unlimited. since companies have adopted accepting doge as currency, it’s suddenly gained utility. i’m holding my doge for a long while because i think it’s going to go way up a couple years from now. i can’t stand elon but, the average person loves him. and if he continues to push it, along with cuban, it’s going to continue to grow. they just have to “shut off the valve”, so to speak, so it can maintain its value.
wowww it is defi, i had no idea. interesting, i still wonder what it does better than other defi projects i'm in, but interesting. i'm too into defi i feel to justify more
💐 sorry for your loss
how’s shib doing for you ?
also have accumulated more for cheap to average out position. got 42.5 million now.
i would be a millionaire then :)
oh my god thank you so much man , im about to dump 300 euros when i wake up at like 9 am and its 1am rn, ur my shibba bro tysm for answering❤️❤️
it’s still low i bought all the way at top for you retards
i have 93 million holding strong!
i like how he said that as if it was an insult lol
your guy is white too 😂😂😂
at least lube him up before y'all dry fuck him guys 😂
this is not facebook
been having issues signing up for crypto.com anyone else?
uniswap is the easiest way.
what about my beloved pancakeswap? that's my favorite so far.
2.2 million on kucoin
yeah. i've just tried to withdraw 500k shibs to an external wallet and i was about to be charged 1,000,000
you can just trade it for tether and withdraw your tether
you can sell it. better to hodl.
well if you're really just trying to get people into shib, then why not just suggest crypto.com? it has 0% fees for 30 days
crypto.com calls it supercharge. its a promotion kind of like mining coins. but you deposit there native cro token into supercharge for 45 days charging. after 45 days, starts the redemptions to collect your coins. the promotion is shiba right now. but its not worth supercharging if the coin you like is gonna go parabolic. but its good to sell at ath and store it in supercharge. that way you get extra coins and multiply your shiba by buying back in low.
don’t they have to maintain a balance of at least ?
es una cartera física, como un dongle usb, yo tengo el ledger nano x, me lo compré porque gane unos pesitos con doges, y prefiero que esten en mi thispositivo, que en la base de datos de binance. si lo compras, cómpralo directo fe la página de ledger, si no te urge checa de vez en cuando que luego hay promociones, como son gringos cualquier día festivo es bueno para poner promos, yo lo conseguí con un descuento de 1300 pesos en diciembre de 4000 a 2800, y si se te pierde puedes recuperar tus cuentas con un passphrase de 24 palabras.
hola, ledger has been getting a bad rap lately for some customer database breach. while **the money on the ledger and keys were not affected**, it sent a shockwave throughout the market. try **trezor** walllet, which is on-par with ledger in terms of security: [ you should also watch [ suerte
for real my friend is very true we have internet in mexico with that we watch your mom sucking 🥒 in xnxx.com !
for real? that’s how you talk?
intenta comprar en bitmart yo estoy en usa pero mi hermano está en tijuana y tiene bitmart de ahí compro shiba inu . yo he tratado de comprar shiba en binance pero no se puede . vale madre jaja
yeah it’s a fine line because i want to be active in the community. but i don’t want to be looking at the ticker every two minutes either. i will say that at first i didn’t see anything behind this coin. then i saw the community around it, and realized that that is what this is all about- the community. the money is just an offshoot. albeit a very nice offshoot if we all make some money. but to me it’s no different than being part of a club or something. the thing here is that if our club grows enough we all make money. so it’s a little better than like a thursday night poker game or something lol.
yep now all we have to do is wait 12 years and see
i hope you know that anything probably even over .1 is impossible. the market cap and supply literally makes it impossible. bitcoin can go high cos there’s only 21million. shiba has soo much that of it were to even reach . i hold 90million and believe it’ll go up to a tenth or even a cent if it really goes to the moon but at some point we’re all in for gains, no ones going to die holding and everyone has unique targets edit: shib has 600 trillion in circulation
the marketcap required for even .01 is ridiculously high given the current supply
iphones am not shit. more hype than a fair price-quality balance.
definitely! the best is having both.
take some time to read the white paper. ⚡️🤑
yeah it sucks. had i held onto every coin ever fucking had before i would never have to work again. btc, ltc, eth, and doge. been in the game a long while and fucked it away by listening to stupid people
it’s doing just fine. this is when i accumulate more. i’m holding for 2 years. i’m good. you must be new if you’re scared this minor correction. lol. how are all coins doing right now? most alts are down 50%+. you’re only an idiot if you sell. plus when your portfolio can go down 50% and still be positive. come talk to me. holding zil since .06 and many others. rlc since . shib is play money. move along dude.
please dont drop more than you can afford to lose.
even if you see it dip, always buy lows!
i’ll prob end up topping out at 50mil
get ready for the 5000000 fee to transfer to a wallet
you know it when someone is new in reddit lol
and facebook isnt factbook.
whats the issue? i heard that lot of people are trying to open account on crypto.com, that has been pushing the verification process further.
yeah i hate that. but it’s still worth it to have it in a secure wallet
just get eth send to metamask and swap on uniswap for real gas fees are like 4. you do not have to circumnavigate that to be cukked by a cex. ppl were using cexs when gas fees were like 120
that would be large-ass dips 😏
but make sure to signify you want to claim your reward before the reward period begins. otherwise you'll loose every late day just for failing to click on time.
you get it when you stake for the visa card, if you are not working towards the ruby card you are doing it wrong.
que aplicación usas en el ledger?
la referencia de gringos me hizo lol. i’m cuban american and you ain’t lying 😂 sale for everything.
thanks for the advice, i will definitely take a look at it
yo si he podido con binance, bueno, no compre directamente, convertí doge a shiba, voy a ver si puedo comprar, si no veo bitmart, gracias por el dato!
hice la compra con mi tarjeta de crédito y no hubo broncas fueron como 30 dolares de un millón de shibas, directos de binance
you are right but yesterday 1000t and today there is 600t but as it goes to coin then it also gets shaved by miners and so on and so on. i did not say tomorrow it could be bitcoin but it could one day be. the likely hood is far but if one dreams it can be.
great point but for arguments sake let’s say some buy a large % of the 600 trillion and decides to burn them. wouldn’t that manipulate the price?
do you see the current price for dogecoin right now ? they have an infinite supply of coins. anything is possible it is crypto.
meanwhile dogecoin has a ridiculous supply and the price is mooning but we cannot hit those targets ? gimmie a break.
i’m hoping the voting rights with bone can address this in the future.
unless someone buys trillions and trillions and more trillions and decides to burn half of them!
dogecoin went way past 0.01 and they have a ridiculous amount of coin
ugh that sucks. did you buy back in to any of them?
yeah 300 isnt much for me , i really hope i get something out of it though , if i get a grand imma withdraw honestly
what do you mean, buy when its lower?
pmsl tell me about it
sus apps nativas. y tiene conexión con socios cono coinify para comprar y vender. hay otras dos marcas mas de wallets fisicos cono trezor, tqmbien hay otros virtuales. échale un ojo a esta publicación[publicación]( para que te adentres mas.
no pasa nada, i'm new to this as well, so i'm watching as many videos as possible for the last 10 days. one last thing, make sure to use a brand new email address for exhanges and keep it private, do not use it for anything or for anyone. i am about to transfer the bits of coins i have to my wallet (metamask) and will then recreate an account on an exchange with my brand new address (protonmail). good luck
the same was said by dogecoins it could be bitcoin y’all stop that and just get to 1 cent damn 😂😂😂
yes ofcourse that would manipulate the max price it can achieve. vitalik burning 400trillion in itself would have already have improved the ceiling this coin can reach. however one thing we must remember is vitalik was a blessing that he burned additionally he was gifted the shib. if anyone else was to buy and burn any amount that would even slightly affect the market, it would be millions and possibly billions of $. the developers could also find a way to burn shib however with 40% already burned i assume it’ll be a while until they burn even 10% extra, if at all.
you also know dogecoins supply is 129billion not 600 trillion?
we literally cannot mathematically hit those targets in a real world scenario. the fact that some people think every coin has the same potential regardless of the supply is shocking. do i think and want shib to 10x or 100? of course, but just as i know doge will never hit 60k like bitcoin. shib won’t hit 0.5, let alone . the ratio of shib to doge is almost the same as doge to btc so if you’re telling me that shib can hit doge levels then you’re telling me that doge can hit 5k at least and that’s ridiculous
not nearly as much though
i own bitcoin ltc and many others but not doge. i own 25.5 million shib tho.
yeah i mean it’s not like no money for me, but i just thought about how many things i’ve spent ...
a protonmail account does the job.
great points. interesting that he burned them all. so the example has already been set. i am sure with the price this low some big player is already planning for some way to cause the price to go up!
my target is 0.01 which definite possibility buy the end of year and it is a long term hold in my opinion because it is a coin with utility. you want to thisagree that fine. but the higher highs are coming.
thank you , do i send my shiba to erc20 wallet or the binance chain one??? i sent it to the binance chain one and i got nothing on my trust wallet ( it was 30k shib lol basically nothing ) now im scared to do erc
i'm afraid i do not understand
as the price slowly ascends, there will be valleys (dips) and mountains (not dips) buy in the valleys when its cheaper. keeps your average cost lower
i’ll admit i’m a gen3 got into crypto earlier this year and robinhood retail investing, every day i lose a little more on gamestop, some days i don’t even bother checking the value. have less volatile stocks in my schwab account. made a little money on doge. when shiba went live on the crypto.com app i jumped in and bought 18 million coins. then i did my research and realized that i actually like the concepts of the coin. so i bought more and just bought the sale this morning putting my total to an even 100 million coins. do i wanna lose that money, no of course not, like everybody else id love to get rich… but buying any coin is like buying a scratch off, you have to accept the loss of that money as soon as you hit buy. so i’ll hold what i have and buy when i can. i work 60+ hours a week so my wife can be a stay at home mom and i have a baby on the way, so i’d never leverage more than than i can afford to lose. i have some money in savings and don’t have too much debt. with no free time for friends or much else i enjoy being part of something that could be big one day and watching it grow over time. let’s all be honest here with what’s going on from day to day, stop spreading misinformation and stop with all the upvote chasing. let’s be a community that we can be proud of what they see when someone new comes in.
eloquently put. i like the context you added in before giving out your opinions. you obviously have the scars and medals of the crypto investor from the silver era. and i feel you. while i am pushing the hodl and trying to remain optimistic (and help others stay optimistic) - we need our founder to voice our concerns and be more transparent. this is about the community. it is nice to have a whale (100b!!!!) supporting not only the project but the younger investors who came into crypto just recently. with not just the hodl but with knowledge and emotional support. i believe in the fundamentals of , and people will flee the moment they hear the slightest “bad” news. for a community to strive, even a decentralised one, we need leaders. thank you tag654 for leading this - or at least guiding us (and perhaps even ryoshi) on how to build and grow this community
everyone take note of this person. thank you for that info. need more people like you in this group. at times it feels like there is a bunch of teenagers in here
these are the posts that people need to see. not how much you're fucking holding every hour
2nd gen here with you, burned a lot at that time with fomo and learned my lesson. but holding on to this one. also it is true that we need more clarity from the devs. especially this time, big help fron them is what we really need
there is still a huge unknown which can stratosphere this coin. now that we know vb has access to the that burn wallet, then equally he can burn an equal amount of shib everytime he donates. that donation is now valued at half what it was yesterday so he must understand the consequences. afterall, the guy is a genius. so if vb burns some of his shib to match the 5% shib supply donation, then it is basically an ode to the community. i hope that he does this, because it will legitimise this project even further.
yeah, totally agree. we need more transparency from ryoshi. this community is broken because of that.
tell me if im wrong but a smart move from vb would be to burn the remaining coins so india gets even more money out of the donation right? he is leggit holding all the cards right now with their gouvernement on the crypto situation with his last move, it’s like « hey i gave you guys the biggest donation in history and this number could be alot higher depending on what i do with the rest so maybe you wanna rethink your position on this ». i would love to here what you guys have to say about this!
great ted talk sir, couldn’t agree more about ryoshi, clarity 100%
hey, thanks for the post. i have believed in the values of shiba for a month now and last night it just made me believe even more. anyway, on the shibaarmy thiscord we have this announcement from ryoshi.
yay, i'm golden age crypto gen 1. don't worry i spent all my coins on the silk road 😭
great post mate. hope everyone can see this. cheers
royshi posted response to yesterdays events on medium a few hours ago.
i am hodling but not by choice.
thank you for writing this, well said. i have been following the crypto space for a few years now but only started investing last year. my main takeaway is that the best coins are those which have the best projects and people behind them. monero and tronix really caught my eye when they were flourishing because i found the ideas behind them good. imo this post needs to be pinned because this is what every new investor needs to learn.
pin this pls :)
this is the post this community needed. too much karma farming post and people showing off how much they own (which nobody asked to see in the first place). transparency is what we need to move forward.
thank you for giving perspective. as you said, we are all kind of new in this and although i dyored, i still do not know how trustworthy is this. afaik, it is just a random website that inform us about the road map. i appreciate that someone who has been here for a while explain the situation we are in right now. something i have actually learnt from the silver and gold era is to not invest money i cannot afford to lose. i am definitely a holder. i would love this project to work and i trust in this community, the devs and ryoshi.
this is a very informative post and i agree that there is something strange in claiming the money has been burned when it has not - and yet it still appears that there are big plans and great potential for the coin. it was not just a giant rugpull scheme and yet there does appear to have been some deception. what is not clear to me still is - did vb donate his entire 50% or did he donate 5%? i keep seeing both those figures used in relation to this event and i'm noob enough that i'm not totally sure what i'm seeing. did he swap 5% and donate 45% or what? i did not do my research properly before acquiring - i'd have profited from the spike had i not lost so much money in fees and conversions just trying to get the coin. but i do make sure that either i am familiar with a coin before buying it - or that i have read about it before investing. i had some experience with crypto in 2013 and stupidly got out and sold my btc because i could not take obsessing over it all the time. if only...bla bla bla. so i plan to be more measures this time around - and have enojoyed the lessons learned in the small amount of money i've "lost" (although it is not lost until i sell).
i have a billion coins at a cost of . ive watched my account go from . but i do have some good expectations for this coin, my only concern is all the people who bough it during the fomo stage and are now down money and want to panic sell further pushing us down. ' as you stated we need clarity
why is shibaswap such a good thing? what's it for? swapping other "cheap" pump and dump coins? genuine question not trying to spread fud.
im curious about safemoon from what the op of this article meant in referring it to bitconnect. i assume he thinks safemoon is a scam and will vanish at some point. so with that said, they are releasing a safemoon wallet and are getting listed on more platforms, in turn will make more profits for early investors. isnt that the point of crypto investing. get in early and take profits from time to time. so i ask some of you becuase i just started my crypto journey, what alarms you about safemoon and why is it any different from shiba? i will give you an example. i come from the entertainment industry and understand how much presentation can matter, along with consistancy. first off i look at shiba's website and it looks like an 18 year old kid on fiver built it in a day. very elementary for websites. is there even a youtube page with videos or promotions being done weekly? im curious why on the website you do not see the team members and have all their credentials up for us to read about. what about the partnerships they are forming with other crypto companies or projects that add value to theirs. in contrast take for example chain gaurdians and look at their website and artwork. highly professional and very interactive. they also list all the partners they are working with and you can find out about their team as well if you look. that type of site makes me see a vision and a plan for the future. i think lots of young investors only see what doge did and think shiba can do that. you cant be called the doge killer if you cant get even close to it in price range and we have to be honest with each other and realize that shiba getting to 0.50 would be almost impossible mathmatically. its fun to have it and hope for the best but in reality, if you can grab a profit from it then great, move up the chain to projects like vechain that actually have major real-world use and right now is around .20. for me, if i take a gamble, i try to look at where is this token and what is the long-term possible growth of it. i found a coin called lonely fans (lof) and is currently at around 0.00000001 and i bought a ton of it and can afford to lose that money. it deals with the adult world and nfts as well and i know the gaming and adult worlds are billion dollar industries. this coin has a good team and is producing monthly contests as well as adding to social media weekly and such things, so it makes me feel like they have a purpose and can see the future. i personally believe you will start paying for things and rewarding content creators with crypto in the gaming and adult industry very soon. that kind of structure only strengthens the coin. if lonely fans can get to 0.0001 it will make me a ton of money and i believe over the next few years that is very possible. that's my take on meme coins and you should have fun learning and watching, but be careful thinking these types of coins will ever get to 1 penny while you watch others pass it buy.
wow,thanks for the motivation! 👊
great post. my friends are 2nd gen investors and i’ve learned alot from their mistakes and mindset.
the hero we need but do not deserve. thanks, this is what people on this reddit need to see, or at least those that still believe in this project :)
good post. crazy how easily this could all be turned around with a simple update on shibswap...
one of the greatest posts i’ve seen here so far. did you see the last post of ryoshi? not all the clarifications we need, but still, there is a hope...
underrated post! much needed✌️
yesterday i saw a “domino effect”. i noticed 2 people manipulate the crypto market. i saw many coins drop in price. my question is how can someone have that much influence. damn near crash the market!!! also i witnessed, the sell off before the news!! so information was leaked ahead of time.
ryoshi spoke on the thiscord. under admin section. spoke about shiba swap being audited second time right now.
i got into cryptocurrency because it was community based. let’s beat these wall street bastards. hodl.
holding strong with you, 1st gen hora💎
thanks that was really good read. looking forward to seeing how this all pans out.
gotta say i’m definitely a gen3. i put money into this and doge because everybody else was. no doubt about it. but now that i’ve actually done some research, i’m happy i have bought in. i’m definitely a holder. i’ve not got massive amounts. realistically crypto makes up about 20% of my overall investments. but i don’t see me selling for 5-10 years minimum
all i can say is 💎👐 boys
great post! everyone who’s new to this need to pay attention to those who have done through the ups and downs. i’m a doge holder and shake my head after panic sellers go crazy. the price dips and bounces back. the slope and trajectory of any coin or stock is never straight to the moon. it’s a roller coaster for sure. next time hang on and enjoy the dips, buy more, and enjoy the ride. the more you hodl and stay in the game, the better for you and all of us.
shiba swap so far are some low res screen shots on official website and some promises. if they would not realese it enytime soon there is no chance for shiba to rise again. yesterday vb show us that he can do whatever the fuck he want to do. he get rid off 5% of total shiba supply and there is no reason why he cannot do it again any time soon.
well said. anyone heard of trx? i hodl back in 2018 (.02), i signed in to binance in 2021 and the price was at .14. same goes for my xlm, bnb. if you somehow invested because you believed in the project, hodl. good luck guys.
this is a great post. i’m 25 but so new to crypto that i hate to admit i can class myself as the gen 3 problem you mention but not in the sense that i’m here to get rich quick. im here for the community and know that support is much stronger than anything. i bought 2 days ago and plan to hold until i see the vision from the woofpaper and shibswap come to life which is why i was interested in the first place. i’m still trying to do better on my due diligence when it comes to crypto since it’s a different language than stock and options but it’s been a challenge so far. posts like this put things into perspective and if anyone can recommend great sources to help me overcome my crypto ignorance it would be greatly appreciated. keep the faith mates
thanks for this post. the people on r. dont listen to the rumors they spread and the self proclaimed expert with their fud insights on shib. the power of this coin is in the hands of this community. and it has potential what ever those salty people tell you.
i have lost 60€ (30 in doge and 30 in shiba). currently it hurts me, but i can afford it. this is my first time in crypto and investing in general (but i have been always attracted to this). ' currently, i give up that money, i prefer to hold and learn about my failure and, maybe someday, if i can make profit with investing, i will see this as a learning experience.
100 billion? damn dude that must have been at least 50 bucks. wish i had that kind of money.
kinda unmotivating seeing my money go from 700
i value this post more than i can say. while i’m positive that i am gen 3 here because i’m brand new to crypto i have been quite thisappointed to see what happened here and *not* because shib is going to such a great cause but just because of the thishonesty in claiming that tokens were burned and the lack of transparency that happened there and additionally the lack of transparency with shibaswap. i dunno anything about bitconnect. i will look into it after this post. i do own a small bit of safemoon and i can say that at present as a new investor i feel much better there than i do right here. they’re building an exchange. their github repositories are public. the devs meet with the community weekly in an open ama style. there is transparency. there is communication. there is growth. and well...they didn’t burn half of their supply to a guy that spent it. so with that said what i would like to see from shib is proof to the public that shibaswap is more than just some pretty pictures on a wireframe. i’d like to see more than a proof of concept. if it’s as close to being done as is being claimed then show us. give us proof. i want to see code. i want to see proof of pushes to a private repository if code is to stay private (understandably). i want to see the dev be more open and transparent. for as little as i do know about crypto i can confidently say that blindly going along with claims from this point forward is not the best idea. it really isn’t. i can’t tell anyone what to do with their money and frankly it pisses me off that vb donated the coin knowing it very well may kill it which leaves india with what is now a useless coin. that’s not only insulting but incredibly sad. that reason is the reason i think perhaps shib will survive. i won’t cash out regardless. it’s an inconsequential amount of money for me so i’ll leave it there. but if this “community driven project” has any hope from here the developer is gonna need to start being a whole lot more transparent considering that vb still has 45% to spend as he pleases.
thank you for this!! and i am with you % 100
thanks for this advice mate
hi, gen 2 here. got in early 2017. learnt from big losses. got caught in pump and dump schemes, the hack on cyptopia, all sorts. valuable lessons learnt. your post was a good read. the new gen needs to read this. keep up the good work.
looks like he briefly said something on twitter.
holding my 2.5 mil and waiting for swap. if i lose my initial 80 bucks, hell, i can live with that no problem. id regret it more if i missed the increase in price, like i pussied out of doge (if i kept my initial investment in doge id be up 1400%).
excellent information. praying all goes well for all.
time to give this man my free reward. it aint much... but its something.
welcome to generation x lol
slow. clap. from someone who needed to hear all of that. i would be lying if i said i did not get caught up in the thrill and emotion of it all and this post helped me have that extra dose of reality. dogecoin was my crypto version of a 21st birthday...bought way too much and vomited. shiba is the next lesson learned chapter (hopefully). thank you for your transparency. i'll be holding my 75mil and waiting for shibaswap with you.
i'm in for the long haul, and i'm going to keep investing at lows and holding. i will not abandon the shibarmy. i'm already making plans to send my shib to a hardware wallet. btc tanking just means more opportunity, as i do not think crypto is going to remain tanked. it's a risk. do not invest money you cannot afford to lose. if that means you have to buy little by little at lows, then go that route. stay strong. stay shibstrong™.
one of the most stupid things to do was to offer 50% shiba to vitalik and "hope" he will not sell them. the fate of the doge killer might have been sealed by its founder from that day...
oh my god, those teens are making memes and hyping a coin and they don’t know nothing about it, who the fuck cares? most of these teens are probably investing nothing, and it’s good to have younger people to talk about crypto they can easily spread the message, i agree that it’s irritating to see every time the same shit meme saying " to the moon" or " where lambo" but unfortunately we need those teens to make older people buy crypto
i'm just gonna be a long haul hodler. i do not gamble at a casino or play the lotto so i felt throwing money at this would be fun. it lasts way longer than a casino trip anyway.
everything that is happened to shib is what you want. we will 1000x from here probably with a combo of events from shiba swap to continued adoption specifically once we list of robinhood. for right now if you sell you are only screwing india. elon scammed people into thinking doge was going to the moon when he was literally meant he was putting doge on a rocket and sending it to the moon but wait he is an environmentalist now. vb isn’t out for greed he is showing you how valuable crypto is even small coins like shib can change peoples lives for the better but the intention has to be correct. at the end of the day cuban and elon are still egocentric influencers that are out for their own gain. vb is not buying lambos but instead using his reach for good. in 24 hours he made the largest donation ever in history and got india to lift their crypto ban to accept this donation. that is power used the right way. shib should become the charity coin and everyone in india should buy 100-1000 of these to show their ability reciprocate. the definition of money makes the world go round was never portrayed better than what happened in the last 24 hours
i do not care who does what with any coin! i know what i know and that is to hodl!
summary: * don’t invest more that are ok 100% losing * hodl 4ever
i feel the same way man, i can’t say what you said as eloquently as you said it. i’ve been in bitcoin since it was around . back when mining it wasn’t as insane as it is now. i too saw the same things you see in safemoon man, glad i’m not the only one. i’ve made a lot of mistakes, and some good moves. thanks for the read! cheers. edit: also, one thing that was failed to be mentioned, and i’m not being critical in any way, is that you younger guys, first time buyers absolutely need to be able to say goodbye to all the money you put in. do not, and i repeat, do not put gas money, food money, rent money, any money that sustains your life into crypto thinking it will make you rich tomorrow. this kind of investment is for a long haul gentlemen and ladies. also, remember there is a thing called taxes, so remember that if you do make money, the gov wants their fair share. to be clear, i know it is said often, but please don’t put money you aren’t ready to lose. i’ve been there. hope this helps some. regards
i believe people (those who learned a lesson, myself included) will now shift back into tokens with real world application and use cases. my example of this is cardano (ada) and of course eth 2.0. i was lucky and pulled my gains just before the giant crash and moved them to stable or at least less volatile coins. let’s call us the gen 4 which by the strangely backwards historic timeline you used i would call the industrialization age. this is the birth of true diamond hands because we research the snot out of our investments, dive in deep, and hodl harder than the big boys in the stock exchange. i believe a new generation of wealthy, tech savvy players are coming to the game thanks to the likes of these meme coins. i’m an entrepreneur as well with 9 businesses under my belt. i can see the writing on the wall with the future of currency thanks to 7+ generations of nasty, corrupt politicians devaluing the us dollar while contributing to the rise of the yen. china owns the world now via the silk road and the digital frontier is one of the last remaining equal opportunity risks available to all of mankind. add to this the west’s obsession with thistractions, infighting, and endless wars and you have a perfect recipe for the great reset. strap in to your seatbelts ladies and gentlemen, this is going to be one hell of a ride over the next 10 years.
i join the "army" in april and im here for the long term, i know is a lot of fud in the air now and thats why we need to hold it for the young investors especially so lets keep united. i realize is a lot of hate from some youtubers because we grew up so much in a short amount of time and they are jealous of our growth and sense of comunity ( some of them been cheering vitalik for "rug pulled" us ). great post btw and we need more people like you in our "army" , lets keep everybody calm and wait for a response from the devs and hopefully the swap will be here soon. i have great faith in the team behind shiba and i know great news are coming for us, i have a feeling they are working hard behind the scenes and maybe we will have a few more important listings in some exchanges. inu to the moon we go, we cant be defeated 💪💪🏻💪🏼💪🏽💪🏾💪🏿
great post. by your reckoning i'm gen3. i had a chance to get in on btc back at the start and laughed at my friend's spending their hard earned money on fake money. i thought it was a fad. however, i've kept a keen eye on crypto for a few years (never invested) to see what it did. i am now invested. i hold several stable alts. as well as eth and bnb. i do not hold btc because i wondered about environmental impact and that has been realised recently. i started small, and i mean really small. i spent . that netted me over . i've since diversified. i too hold various (what others would call crap) meme coins. doge, shib, and some others that i'd call high risk, such as hymeteor. i've never invested more than i'm willing to lose if it all goes tits up. thankfully i'm still up, even in the dip. but i'm not stupid enough to think this also does not happen. best thing to do, is turn off notifications, close cryptodesktop and go back to graphs . i'm a holder. this is retirment money. if i see something i really do not like, i will dabble in a spot of day trading to cover myself. maybe i'm an exception to the gen3 rule? i ♥️ the research aspect. good luck to you!
gen 3 here, thank's pup whale, my a-hole is still feeling the burn of the last 3 days but you either accept it and like it, or apply ointment and learn real quick - i chose the latter. any pointers to where you get that info would have helped out. i'm doing yt and uniswap and... i read in the morning and at night. lots to digest. peace
the best post i have seen in this sub thread
gen 3 here mr. whale, learning and invest, buying the dip and hold. together we are strong.
great write up, it will be good for the coin, not just for shiba but for all crypto. people need perspective and to do their own dd, otherwise its sheep following whales.
thank you for this very informative post. i just started with crypto about 3 months ago, so still very new. trying to read up and learn as much as i can. luckily the one thing i learned right away is not to invest more than your willing to lose.
i hear where you are coming from, but that will scare the kids mate... that rant is for a coin like cardano, this is a meme coin, if you think that it is the swap feature what keeps people coming here, then with all your money you are out of touch with reality... these kids are fomoing because this is a game like pokemon but with money\\!!! and these kids are making mint
i do not really fit in any of these gens, because i simply placed a very small amount of euros on btc back in 2016 just to try and came back this year to cash out a few more bucks on that coinbase wallet i forgot for years lol, but it kinda motivated me to get really into it now though (yeah i wish i had placed more lol, but at that time i did not had that much money and the whole crypto market was blurry to me).
well said. i'm late 2016 generation and i'm with you on this 100% man. i never buy into meme coins but felt this one was different. i want to know the status on the audit .
interesting read. i agree. we need news about shibaswap. no more secrets or mysterious hype. this is not the time for that kind of stuff. **where are we and where are we going.** that's all i want to know u. take note of this post please!
thank you for holding i am too although way less:) do you think what happened is what will bring regulation and more bad attention to crypto? i believe vitalik move and many that sold for a loss out of panic might be what will regulate crypto and increase peoples thistrust to it.
i gotta ask - with all your 2nd gen experience how and why did you throw money at a meme token (it is not even a coin)
reading the writings of people like you really informs me. it would be better if we had a group member of 5. i bought 125 million units at a low price. i used the free money, and i do not have much expectation. but with the narratives of people like you, i think i can successfully get out of your first venture after this fundraiser. i think it will be a good experience for both the group and recruits like me.
i honestly don’t think teenagers are the problem here because they have time to wait and they’re not investing life savings... it’s the grown who fomo with little understanding about anything except they saw it on tv or someone said they made a million so at the big age of 56 they’ll decide to put their life savings in and expect a return of 100 million dollars the following day
bluechip crypto investor here. i hear what you say and completely agree with your “rant”. i put 99% of my money in projects that i’ve studied thoroughly and extensively (bluechip cryptos) & just hodl. the other 1% i put on these small mooncoins to play, understanding they are high risk and can become pump and dump schemes or can moon hard.
just double my shib !!! because i think this is a very nice project and i believe that vitaly made a nice move because he believes in the project. i also think this is year one of new era who might change the world. believe in yourself !
i am zero percent worry at the moment because i believe shiba inu is one of the best project, no doubt. yes a dump happened and good sign we know the exact reason! that’s it. i am buying the dips and i am 200% sure as shiba community is progressing, this dip will be recovered soon. i believe shiba is life changing coins guys!!! don’t sell and don’t be panic. stay cool either buy or either stay away from your crypto exchanges for sometime 😃 good bless you all!
needs to be stickied.
shiba, akita, elonx & kishu i’m a fat whale. i don’t mind if i lose because its money i don’t mind losing. only think i’m pissed about is being burnt on eth feees buying kishu!
finally some worthwhile dd & insight!
if you sell before a robinhood listing, you're selling too early. that is my overall take on it anyway. i'm excited to play with shibaswap but i think the real pump comes when the robinhood dumbasses can set their sights on something new, like they did with eth classic.
thank you very much for the time and attention to detail you put into this post, what makes this community great.
i'm bord as a 3rg gen investor (in crypto at least) but it is ok for me, i invested only what i could afford to lose. shiba seemed to me a good project and i said "let's try it, idgaf about this money" because even if i lose it all i will gain experience which for some more serious trade. i thank you for this post as it reminded me that i'm just a little stupid 3rd gen investor who suffer fomo's but, i will hold this shiba coin like a stock hopefully making some bucks. ' thanks again , the experience of a whale is always needed. ' (my english sucks i know , love you bye)
my opinion: the loss of trust from the vb donation only happened because they gave him the coins in the first place. to be truly decentralized, no one person should hold half of the supply or anything close to it. by vb donating a portion of his holdings, shib became more decentralized and thus a stronger coin in the long term. i would not be surprised if vb eventually unloaded most. this would end up being a good thing in the long run.
gen 3 here. i have so much invested in shitcoins and obvious p&d's that have totally shit the bed [overnight. im]( stubborn as hell but reading this post has alleviated me of some guilt. looking forward to my eventually transition to gen2. scared money make no money.
great report and advice. i was inspired by vitalik donation of shibu coins to the covid relief fund, however, it is sad to see how the bears have managed to push the price down considerably that in turn will affect the amount of finances the charity would have received. could shibu uni coin be part of a bigger uprising into philanthropic activity by all those who have made massive gains?? if the coin does manage to grow exponentially would all those that make massive gains from now till then set aside a decent proportion to inturn make their own donations to charities of their choice?? imagine the positive impact to all from this!!! if anything we should get the coin up to get the maximum liquidity available to the covid relief fund and also hodl until such a time one has managed to make enough to set aside enough to help others. just my 2 cents
wait whats wrong with safemoon?
i have been around crypto since the very beginning. when btc was the only coin and you could mine it with gpus. what a wonderful world crypto is!
wishing you the best mate
i wish i could say i'm gen 2 but i just learned about crypto this year. i literally just dipped my toes in with shib but responsibly only with what i can afford to gamble. not going to lie i obviously pray this brings me a big gain some time in the near future but expecting it over night but would be nice if it changes my life in the next 1-5 years 😅 i read their woofpaper & can say i belive in what i've invested i know it is not a lot but it is what i can for now. hoping this is the beginning of better things for us all 🙌
i'm both a trader and holder it is been working out fine lol more posts like this is fantastic the most real one i've seen
i agree with you. the utility of this coin has something that other coins are lacking. we do need transparency and for those who keep trying to "flex" or show that they are invested has become overrated. if you're holding, then that is the best tactic especially in a dip like this. we need to set some clear boundaries for what people can and cannot post. this sub needs to change to form a community of positivity and dedication. we are not alone, we are together. the swap will change the dynamic of this coin and give us a platform unlike any other. i think the best option for us moving forward is to get out of the "look how many coins i am hodling" to "this is what the charts are showing and what our potential is." let us transform to accept those from all crypto communities and not force others out because we are "the best meme." focus on the future, hold in the dips, buy in the dips, and support. trust the process and be content. never invest more than you can lose if something were to go wrong.
i wonder how much shibcoin will go up in value. also the most thisturbing part at the moment is the anxiety of fraud with the money of the developer's users. may shib be worth . to the moon\~\~\~\~\~\~
yeah i'm unsubbing this subreddit. i am not selling but there is just too much shitpost spam on my homepage that serves no purpose. hodl & buy guys! will be back when shib gets its act back together.
grammar is only matched by your insight.
yeah but who in their right mind just gave a v tokens without a contract to burn instead of doing what he wanted with them like he did to nearly crash shib? just logically doesn’t make any sense. i mean cool india. but his dump of the tokens that was never supposed to be and without warning affecting thousands of investors is absurd and a betrayal of community. don’t ban me for being curious or you’ll just be a fraud. i’m an investor wanting answers that won’t be answered but should be…
downvote. you calling yourself a “whale” is the antithesis of ryoshi’s reason to create shiba.
balls deep in shiba doge, and ass. i just love dogs bro
when you greedily copycat a whole community and crypto coin like and do it smiling, knowing your fkn doing this shit evil, you deserve all that comes your way. you obviously are lying because anyone i know that is been in crypto for more than a year would never ever put their money into a coin where the owners hold 55% off the coins!! rug pull! 😬 get out while you still can!!!
terrible advice, this coin has no value and was simply trying to replicate doge. tells me everything you said before it was a lie. don't be morons and listen to this guy, minimize your losses unless you can really afford the hit. this coin is a joke and going nowhere but down.
what a nice story to put children to sleep . let me tell you tell you the real truth for somebody is on crypto from 2012 you are a fresh whale of shiba . you just invest a big chunk of fiat made from other coin and your pants are trembling when you look at charts and trying now to convince the new investors to not sale .
great post but don’t insult the masses who are in this for the tech. some great companies out there missing the trick of marketing their products. to me if a company has no marketing scheme then they are not really a company to invest in, but as is the world today we have the power to make them shine through our social media applications. if we all make enough noise across people, platforms, applications then eventually it will be heard.
who's to say vitalik wont do this again with the rest of his 45% of the coins?
great read. thanks! we got this.
great post .,gen2 holding strong but yes a little dejected today . never a dull moment .
that is the meaning of decentralized. everyone who knows how it works. can use it.
join for live chart of shib and other cryptos and live qna about recent events
great post!! i'm in a situation where i have almost no monthly expenses and quite a lot saved up. so technically i can afford to take risk. but losing a ton would still suck, because i've worked hard for it the last few years. finding the balance between not missing out on a lot of gain and being carefull but regretting it because you could have invested more is the hardest thing for me. i'm a gen 3, so have very little experience. though i'm pretty relaxed during the current dips (down \~5k), i have faith it is gonna go up again. at least i'm having fun with it, which to me is also very important! anyway, if anyone has some tips or lessons they would like to share, i'd appreciate it a lot.
shib on binance now, let us unite and buy more or if you have hodl!! binance also has a prize going on for trading shib! get in and shoot for the moon 🚀 [join with us on binance here!](
# i have invested little money and hodling! thanks
woooaaaw...what a speech! thx
you need to post more not less. thank you, guide this page.
um, master yoda. me ape like poop coin i do.
nice read, just wondering why you would say that safemoon is bitconnect 2.0? is it because of the rethistribution? i’m curious as to your reasoning, as you have been in the market for quite a while now
i’ve just started. i’ve got alot to learn! these posts help big time! thank you!
this is a great post. thank you for taking the time to articulate this so well.
good post, thank you very much:)
gen 1, started with btc, eth and doge as a student back in 2015, switched btc to bch in 2017 as it should´ve solved btc´s problems. held it til 2019, switched some bch to doge, rest to ada. doge exploded and i switched everything to ada and hold tight since then and am happy about my staking income.2 weeks ago i found my logins for an old kucoin account with some airdrops utk, bch and other things (i created a few accounts back then, had the same with coinbase, woohoo) and invested some of it into shib, truebit and rewild. i believe into the shibarmy (beside the upvote-for-this members) and think, it has some real potential - that´s why i hold and wait. history taught me not to panic-sell and made my barely 4 digits into solid 6. stay strong, everything´s possible! dyor and believe in your decisions. much love from germany ' edit: please don´t take this as bragging, but as motivation!
thanks so much for the explanation. it was a wonderful post.
muy interesante supongo q alguno se a tomado el tiempo de leerlo todo.😂😥
this was the post i needed to read, the information you provided was raw enough to hopefully make an impact on the gen 3 (me) involved in investing. thank you.
great post brother. big ups.
unfair for you to call safemoon bitconnect. i am a shib holder but to assume is like pot calling the kettle black here.
thank you for this insightful guidance. can you comment on the logistics of the shibaswap? should we be pursuing exchange (burying?) of shib for bone right away when shibaswap is active? i've read the woofpaper but additional advice on how to responsibly hold shib and participate in the shibaswap would be much appreciated!!!
great write up. thanks for taking the time to outline your thoughts. 💎🙌🏻
what a breath of fresh air! thank you!
don’t stop to by big return will come
first i like to say, this may have been the best advise on shib and crypto invest advise i have seen. great piece thank you. i am not ashamed to say that i am a late gen 2 current bronze status. because of my experience in stocks (ups) not like cryptos ups and downs but i have experience with the physiological side as well as the emotional side of trading . your post should be up voted it’s has to be one of the best. i would like to communicate with you pick your brain.
thank you, thank you, thank you very well said and great information i will share with all my new incoming investors. our friends we bring into cryptocurrency need to hear information like this so that they are well informed and they can make good decisions. god bless you!
i love how you say that we have a great community, right after you tell us how we're a terrible community of gen 3 traders, lol.
the whitepaper makes it seem like vb had no access to the shiba that he was given- ryoshi should be clarify this thing.
100% 🦍 approved message
umm yea...long post trying to justify that you’re not in for the money. but you are. we all are.
thank you for sharing
i appreciate you taking time to write this all out. i’m new into the crypto world but not to investing — definitely a gen3 as you’ve described. i put about , never touched it, then put my gains into this — all of those gains. day 1 in and seeing things jump 165% was incredible, but now i’m just about back to +/-1% of my total buy-in. i’ll hold. removing as much emotion from the process is *paramount* when making decisions in any investment venture.
bluechip crypto investor here. i hear what you say and completely agree with your “rant”. i put 99% of my money in projects that i’ve studied thoroughly and extensively (bluechip cryptos) & just hodl. the other 1% i put on these small mooncoins to play, understanding they are high risk and can become pump and dump schemes or can moon hard. that is called risk management.
this post is really amazing!
an update 4hrs ago
not true on ryoshi silence. they spoke up:
agree with you on all points. a rule that i go by is to invest money that you do not mind parting with. i’ve spent more more on car performance parts that gave me zero return so i don’t feel bad about what i have invested in shiba this far. i’m in this for the long haul because i believe in this token and it’s potential. many folks are learning the hard side of the crypto life and it’s good that they do now. iron sharpens iron as the saying goes. some of us who have invested in the stock market have experienced highs and lows and i feel it has prepped us for this market.
best move would be to somehow get off the etherium chain, gas fees kill any kind of transaction
what is your position and liquidity to be a whale? please show us your position
how is safemoon bitconnect 2.0?
thank you so much for your input much appreciated it! ❤
tldr all of it, but read through the era descriptions and a bit more. thank you for this post. you're right, most of the these hopped-up-on-hopium newbs have no idea what it is like to ride in this market. it is like surfers used to florida waves heading over to play around in some north shore sets. they are going to get wrecked but were all wide-eyed and ready to go until the last moment
one thing for sure is that the price will not go to zero. hold for long term.
thank you for your wisdom 🙏
nah man, since the very beginning it is known that vb was able to move, it was widely stated something like "as long as vb does not rugpull us", to it is always a risk. i think we have to get close to vb and ask his stance on the coin since he used it, he must have one, why did he use shib instead of all the others he holds in that wallet? anyways, i agree on the shibaswap, we need an update on the audits asap
i am new and thus led to believe that burning meant the process of permanently removing coins from circulation, reducing the total supply. people like to point out how clear it is in the white paper. perhaps, but then 'burn' is the wrong word to use. "we gave vb half" is the actual truth.
yes i think ryoshi should make more clear explanation about vb’s shiba coins
solid post with great advice. that should he cross posted in the cryptocurrency subreddit too. holding my shiba tightly.
i’m holding with my shiba 💪🏼💪🏼💪🏼💪🏼💪🏼
excellent and well written. i would classify myself as a late gen 1, jumped out, early gen 2 jumped out, and since [crypto.com]( released their cards and defi is here to stay, well so am i. like op, i've made mistakes, but made them when things were tougher and i had less thisposable income. i only started looking at meme coins once i had thisposable income. i always invest in the team, except for meme coins... then i look at the community. op has a lot of advice here. thank you for posting.
this is my first investment but i researched a lot in the topic and i decided to take the risk because if by any reason vb decides to burn any percentage the coin will go up and just looking to get
you just here to sell shibainu coins...lol i have 33 billion (r). i buy these memes simply to collect them, have fun, and scroll through reddit for memes about my pet coins. when the market dips, i buy more pets; i like to watch my pet coins grow. hopefully, i can land my pet coins on the moon safely with safemoon coin...lol
big shoot out bro, brilliant post!
i have already put 'm holding the rest (2b) i am up quite a bit from the little shiba jr coins but have not sold...yet vb took over ,000 out of my portfolio yesterday and those coins were ripping i got in on pretty much day 1 on all these coins , including shib so like you said, i'm not gonna lose unless they go to 0 and i invested a few 1000. the smart side of my brain says to take this ,000 i currently have in memecoin and roll. the gambler side of my brain says, the second i cash out they will explode after we break out of this dip honestly, i'm soured on any coin that sent "burns" to vb. i'm probably gonna wait until i like what i see and dump shib. downvote away but this is investing not a popularity contest. the other clones like kishu, sanshu, hokk etc. did not send coin to vb and are starting to stand independent of shib now.
i agree. i feel that i missed gen 1, and have been taking the time, doing my own research so to avoid being classified as a gen 3 "get rich quick". i look longevity and understand in any market you have to be willing to take dips and not always sell on the rip unless you have reached your own personal goal. i greatly appreciate your insight. unfortunately, we live in an age where everyone needs instant gratification. patience will reap the reward. if anything, but more in the dip.
thank you, it really helps a lot. i'm new at this investment and cryptocurrency. started buying dogecoins, but shiba seems to be better as they promised being decentrilized. your post gave me a lot of new questions, so i will keep this trend in sight.
finally a good informations, not just "hodl" "to the moon" etc...
i would put myself as gen 5... what are talking about again???
love the “you’re a trader or a holder”. so true. i’ve been in crypto a long time and it took me a long time to learn this.
this post have given me the clarity to join the community. great words!
lol don’t thisrespect safemoon 😭 it’s more of a stable project than shiba if anything...
thanks for your insight. i've been messing with crypto since 2017. had some losses, but not crushing losses, just some where i felt like a major idiot. my best return (out of all the other coins) has been eth. i currently have 30m ... this makes me want to dump some more of my eth for .
will fully admit i am new. i have most of my money in traditional index funds but i've been basically thinking about investing in crpyto since the around 2018 when prices started going down for everything. i typically like to learn and absorb a lot of information about a subject before i jump in. it's difficult to know where to start with crpyto because so much of the literature out there simply suggests crypto that is already sky high in price and i'd prefer to start in small quantities with amounts that i'm comfortable losing. anyways, thanks for this post. it gives a lot of really good information and the community aspect of what you talk about is what really feels interesting. i really want to learn about this and invest in crypto that has a point behind it. so that is the place i'll start from. thanks for the positivity and reality check!
gen 2 and heavy in shiba as well ! let’s get swap sorted and the rest will be a point we will all look back on one day and smile
bro, you should be a papa and do a religion, what a great words. there is no easy way, and many people just doing this for fomo. be real and enjoy the ride.
ya i’m a gen 2 got burned back in 2018. didn’t buy again till 2020. because i’d research the hell outta projects. i did buy doge on a lark. but i bought shib cuz i was super interested in the project and swap.
i really wish you would make a video of this to share. but thank you so much for reasoning i needed to stay strong. i really enjoy what they have to offer and sounds like the right movement i want to be apart of. i have been educating my dad in this coin and he’s definitely gen 1 investor and sticks to his knowledge but im glad i get to show him this.
[ ryoshi on medium "**phase 1 complete. shiba becomes more decentralized**"
i'm gen2. all i know is hodl! upvote if you're gen2 and flip your portfolio the bird both when it is -,000 and +,000!
perfectly said. just to add, doge is a meme coin that had very few whales who owned most of it. look at the progress it’s made. shib has a layout of what’s to come. i think vb’s donation was a good thing for us. if it was a bad thing, he wouldn’t have donated it to india. or india would be offended. put your thinking caps on fam. be smart and have confidence in your choices.
holder here, that said, i can see both sides of the spectrum. i am not new to investing, but am a intermediate when it comes to crypto specifically. i’m approaching 40yrs old and can see the appeal of quick in and quick out that it seems a lot of younger, less experience people are doing. i myself don’t really see that as investing. true investments mean not only investing money, but time. crypto is the most volatile thing i’ve ever invested in, but even the alt meme coin has value when enough investors ban together, hold and build. i’m not a whale but did see a loss of . that said, i’m in and holding on for the ride. the one thing i know 100%, any news, bad or good is free advertising which in my book is always a good thing.
i bought and other crypto coins because it was a community coin and we all have the powers in our hands to make it big or make it thisappear finally something that we can control and not the banks or the government. we may be young and dumb but we have big bills to pay students loan or getting a house or want to help our parents & even our community this gives us light at the end of tunnel. let’s not loose hope this coin has a bright future with all of us united. we cannot let few people dominating the crypto market we need to take control in our hands and shoot to the moon 🚀🚀🚀
if everyone only took the profits they needed. and left the rest in for everyone in the community to do the same. we would beat the system. but everyone is too greedy.
interestingly enough many of you said you do not tell people about it. imagine when (if) you get your validation from your dd. then it would not be teenagers spreading the word imagine what it could be. word a mouth can be everything. look at gme for example. at any rate i hope you all succeed.
clearly, sending half he supply to vb was a stunt. would you want your reputation used on projects without your consent? what would think about someone that did that to you? if you have gains, you should lock them in.
if i did not hodl threw the loss of the silver age, i wouldn't be where i am currently.
i'm new so i am not got shit to add... but i absolutely will take a lot of what you say and put it into my own way going forward. i'm a holder for sure. this scared a lot of people yesterday but i did see it as good publicity and also a good cause.
shiba and kishu inu
i’m also one of the early investors with billions and got into this project on a pure gut feeling. yesterday’s move from vb did leave me with a sour taste because, like you mentioned, there was no transparency regarding the burn. shouldn’t have called it a “burn” at all but transfer. with that being said, from the very beginning, my speculation was that vb was involved in the actual idea and development of the project. i’ve read his papers that he posts on vitalik.ca (his official website). as soon as i got a feel of shib’s direction, i knew he was in it - the language, the overall tone - it’s like reading one of his freaking papers. the team behind shib is obviously not a bunch of young devs who think their meme coin will be the next doge. you need big players to spread so far so quickly. vb is obviously one of those players and he has a lot of connections. they can present as much as they want that he’s not in on it... he’s the master mind behind it... i have very a strong gut feeling about it...
best talk i heard today!
thanks for this! a sensible post like this was much needed on this community page. i agree, the future of shiba inu will be determined by shibaswap. i look forward to hearing the status of (and updates on) shibaswap. thanks once again. look forward to reading your next post!
thank you man. this has been one he will of a read. :)
and i think to myself what a wonderful world...
only someone who invested 100b would right a post like this, thanks my friend hope you have great gains and that when you get them you help others in need like v did.
i agree with you, is a shame to lie in a whitepaper (about the burnt), trust has been shaked off, and then the shibaswap thing.
what other cryptos are you involved in?
i hate to call you out but you have your stages of metals backwards
great read! thanks sir!
wat kind ob business you oen.
looking at the numbers, did not vb get rid of 10% of his coins? 5% of the total, 10% of his?
you need to lose to learn how to win
**dudeee... the amount of info is so good, no one could had explain it better**
thank you for sharing this! still a noob into crypto and thankful for any advice given by those more experienced :)
this is a bull year the best is yet to come, next is a bear year. so be ready to hibernate
i’m a gen 3 investor lol fuck it i’ll admit i do my best to educate myself but sometimes i just say fuck it and invest
well said, hard agree. we need more posts and folks like you!
the best post i’ve ever read
we need to edit the misleading information on the main site!
best post i've read on this forum. thank you.
how do i stop myself from going straight edward paper hands on this? new to the crypto game and took a fat loss on doge but i’m still holding there and i made myself an 8 figure shibber today
and it’s whales like you who give guppy’s like me hope! thanks for the wise words, i’m holding!!
thank you for the well written and informative post. i am a g3, just starting (2 months) my crypto journey. but the one thing i did learn early to be a trader or a hodler. i'm hodling!
i started last saturday, made like 12k , (and paid like 3k on eth )out of 6,5k , and lost it yesterday (but im still on 6,5k) on dogelon and kishu inu lol, but that gave me a lot of experience, i can read charts, i can predict them somehow, i sold shiba inu coins, and i did it at a good point, too bad i started too late. but all those wrong investments gave me a good lection. the worst part is , that i have a good amount of money to invest, but its too low for a trade lol, it barely compensates the transaction fees...
amazing post. as a bussines man my self your point is great. investing people do not make wealth it multiply it. use investing as a way if multiply your wealthness and the best way is value investing or long term investing. day trading is a recipe for failure. shiba is a great project with amazing community keep strong. hold .
ive been holding ❤️
thank you my friend ❤️❤️❤️ i agree 100%.
thanks for the post, im fairly new to investing and it is hard to know what or who to trust. what i have learned so far is basically research, and commit and hold. to me its a long term investment and funded for whatever extra money is left from my earnings. and not only invest everything in one coin, there are great coins with great potential why not have some variety. im looking for gains couple of years from now so no stress, lets build those prices up
great post man. thank you for bringing all of this into the light.
love this, but you can definitely be a trader and a holder.
i don’t even know much about crypto at all but i am interested in learning but it can be daunting & i don’t know where to start. i bought some doge and shiba but it wasn’t anything crazy that would bankrupt me. i play the lottery & go to casinos relatively often so in my mind this wasn’t anything different. if i come up great, if not, oh well. i have blown money on scratch offs and mega millions plenty of times so i can’t be mad if things don’t go as i expect.
love the info. definitely gen 3 and have no idea what i'm doing even though with doge and ethereum made like 10 x return after losing 90%. thanks to elons initial tweet though and dived in. so luck basically. reading redding bought just under 2 million coins but still, using advice on these forums with no real research. also finding it difficult to find facts on certain coins as a lot of people just driving prices of certain coins up here which is risky and i still fall for it. great post, and in my 3 weeks in reddit first time hearing a whale give advice and assist us smaller players. dream is to be on your level and well done where you are now. any chance you would look at mentoring a newb like me?
me no understand. me buy.
good post and good pearls of wisdom. i appreciate it. based on your descriptions, i’m probably in gen 3, since i just started investing in both stock and crypto recently, but i’m trying to learn as much as i can as quickly as i can to avoid making silly investment mistakes (ex: falling into a scam coin), investing more than i’m willing to potentially lose-extending, panic selling, and giving into fomo. just wanted to say i really appreciate this post. thanks!
the fud was created because they want more investors to get in before true decentralisation is here! the future will be dex & shiba swap is coming soon. shiba inu is the ethereum 2 we have been waiting for. meme coins are part of the ecosystem shiba is building. let it be known that shiba is not just a swap but a lot more not everyone in the world knows now! so stay strong with your shiba inu & the below will hold true 10 million shib for 1 person 1 billion shib for 1 family 10 billion shib for a company also since you have written a very nice article & it synced with my thoughts let me shill you some exciting shitcoin since it is a meme world doge is bitcoin shiba inu is ethereum kishu inu is link akita inu is cardano hokk is polkadot sanshu inu is a beast don't defy defi 👀
amazing post couldn’t have said better 🙏 i’m a gen 3, started in crypto about three months ago. but i have a gen 2 mindset. i tend to invest in projects i believe in such as qtum for instance which i love. i’m also a business owner and i’d rather invest in crypto rather than the stocks market for the amazing technological advancements it can bring. never put in money you can’t afford to lose. this isn’t a game. i love shib because i do believe in shibaswap and the amazing friendly community it has. do your research people, invest with your minds. that being said, to the mooooon 🚀📈
nice bro shib likie waf waf
this is so insightful, thank you so much for giving us this information! will definitely help a lot of new traders out there :)
luckily i had pulled out my initial investment from another coin to cover all my crypto investments . but i was investing only what i could lose after i payed off bills . i was also very lucky to have my job during all of covid , with little to no debt (900 dollars ) which will be payed off in 2-3 months since i don’t want to overextend myself and go into my credit cards . had experience in the stock market and runescape merch clans lol . so i never really lost anything . i’m still up like 4000 across all coins
thank you for your advice... you definitely gave some great views and jewels and gems... i would love to hear more of what you have to say and advice you have to give... you are a blessing to this community and i am very grateful for you taking time out of your day it give the community wisdom and knowledge... again thank you and continue to be a blessing you have a good heart and love for the community and for small investors as well as big... last words of mine buy, be patient and hold with 💎💎💎💎🙌🙌🙌🙌
great post, agreed 100%. acording to your classification i would be a gen3 cause i recently started investing in crypto, but in reality i've been investing for +5 years in stock market and i can say you are totally right. with respect the audit, you can look at ir here: [
well put brother i’m new to investor and try to make as many positive investments as possible i’ve hit some bumps hell i’ve hit a lot of them but i would like to be the gen 2 lol
definitely need clarity and transparency. that being said , this reminds me of the dot com bubble in 1998. i was throwing money at anything and making gains... and then pop!!!! i got burned so bad i didnt even look at the market for 10 years. i'm a passive index fund investor in my retirement holdings (401k, iras) and waited too long to venture into crypto. but here i am largely due to watching the younger generation and believing in real world use... i hold 2 coins neither are btc or eth and shib is my play.vegas money. i'm hopeful and i hope everyone has really digested what this person is speaking about because its real. nothing is worse than losing everything you nickel and dimed to build with one bad report or someone across the globe sneezed wrong...
>the whitepaper makes it seem like vb had no access to the shiba that he was given. i feel like anyone who thought that did not actually read the whitepaper, since it very literally in no uncertain terms said that he did. the whole, "*as long as vb does not rug us*" statement is pretty much the complete opposite of "*vb cannot rug us*." it was not written in code, or confusingly phrased, it was right there in plain english. anyway, when i bought in a few weeks ago i had planned at that time that maybe possibly down the road in a year or two it might pay off. i had no idea it would spike like it did, and sure, my pulse when up quite a bit when it happened, but either way i am good holding out for quite a bit longer.
so...hodl? buy the dip?
i don’t want to be the guy that later on say, i hope i would’ve kept it.
this was some real sh*t.
thank you so much for this post!
vb didn’t sell hit coins he donated it for india’s covid crisis. and still shiba is still recovering well. he’s right a lot of people don’t know what they doing . taking loans for coins . like 250k holder (13.4shibas) and i only put 100’s how crypto works . ups and downs . they don’t read the white paper. still . shiba is not just a meme coin( especially now) that they just made a huge impact with india. still not a meme coin hotbit you can stake it and still make 2% that’s money not a meme. this is why i was so fascinated with shiba too bad i only put 100😂 still not mad tho shiba gang
nice post bud! us proud gen 3 holders appreciate the realistic explanation of what is going on.
i'm defo a gen 3, put my rent money on doge it flopped put half into shiba hoping for a miracle it flopped iv got kids and a wife who im on the brink of loosing because of a stupid stupid decision. the most important part of this is please do not put in what you cannot afford to loose, i did having never invested i brought into the hype and thought i could not loose and in the space of a week have almost lost my wife and kids and still cannot pay my rent. hopefully this shit turns around fast 🥲
excellent post except i feel strongly about rebranding your generations lol gen1 = 2008-2010, when btc < ~$.01 - 2, and we were mining on cpus earning a pathetic 1-2 btc monthly. it was a tool as part of an overall privacy toolkit for staying private online, along with tor and pgp and piracy and all that. gen2= 2011-2013, when btc floated - (and back down). the dominance of the gpu era, ultimately giving way to asics. we had some major growth during this time. it was crazy when you'd hear something like npr actually mention bitcoin! this is when the markets really took over and it started to become more about price speculation. gen3= 2014 - 2016, btc glory years imho. biggest heyday with the most widespread adoption, people still focused on technicals & not just moonboys. people were able to explain how a goddamn blockchain works. reddit, steam, gift cards, etc bitcoin was being accepted everywhere! gen4 = 2017-2020, this is mainly the bull run buyers who jumped in during 2017 gen5 = late 2020-present. since the last bull run kicked off ~september. these people generally know very little about crypto and have never actually made a transaction, cannot explain what a smart contract or a private key is, have never ran a node, et cetera.
finally some good fucking food...
best comment about shiba i've ever seen so far, thank you for sharing this.
i'm a gen 1 crypto miner. still mine today. i'm in on and glad to be here. thanks for the post.
get some celebrities on board... maybe someone that wants to take on cuban... or everyone email for robinhood to pick it up...if it hit the robinhood platform more would buy due to ease of purchase and their min amount of crypto available
this post is freaking awesome. thanks for your perspective and advice. have a nice weekend, and stay safe my brother🙏🏾❤️. hope we all make it to pluto🚀🚀!
question: why cannot the shiba token be successful with or without the shiba swap? i would like to also state that i believe it would be highly unlikely that more tokens will be dumped from vb's wallet. if he does it would create great thistrust and a major sell off, thus hurting the humanitarian effort he just made to the point of the coins being practically useless. in addition, to an extreme thislike for him and his company stocks.
great post! thanks for offering some clarity
i'm gonna be honest here: i am new in cryptocurrency and in shib. i am young (around 18), but i already know that i cannot expect the coin to go up as soon as i buy or that panic selling is just bad for everyone. what i do not get is this "do your own research", like, what do i need to search about? what do i need to look for? i'm always trying to know what's been going on with the coin, but i am not diving deep in crypto itself. i want to learn cause i want to invest better, i do not want to depend on just one or two coins cause i know it is bad, but why is it bad? if y'all can, please gimme a few tips of where to begin. i want to be a better investor p.s: i do not know how shibaswap works either... tried to understand one pic of it explaining but could not
you realize they are doing mass cremations in india rn? did anyone consider the guy could not stand to watch thousands die while he had all that money just sitting around? we are all doing god's work by hodling because of that man's donation.
agreed, research for the community and transparency for ryoshi. i too was a bit pissed off about the vb situation, he could have donated a more stable currency to india (i realise that crypto and stable arent exactly two words that should be used together, but atleast use a coin with a good rep and not one that is still very new)
not sure if this is a dumb question i’m one of the 3rd gen’s. will we be able to buy shibaswap? is it a coin?
love what you to have say and learned alot. just have one thought that i think you overlooked. 2020-2021 is not 2017-2018 we entered a whole new realm, where crazy has become the norm, where investing in safemoon can actually give you x1000, why not? the rules of the past have been completely broken. i am not saying it will, maybe it is a scam, but then again the knowledge you have from the past is not solid enough in these crazy free money for all to gamble times, sponsored by the government to every kid and adult alike acting like kids :). just a thought to consider
100b what is the number of your wallet you are like the 38~39 biggest wallet!?! mmmhhh
dude thank you for typing out exactly what i have been meaning to get to. shibaswappp shibbbaaaaswap baby. let’s hold stake and get some
this deserves an ask me anything session to break the silence from ryoshi and vatalik buterin it is time to make good on good faith for vatalik buterin to burn 🔥 his giving over half the tokens to vb was pitched by ryoshi as a “black hole wallet” and no longer holds true. truth be told, vb can pull a rug pull and flexing his 5% = billion $’s worth of shib at current peak this early shows history will just repeat itself again down the road unless: vb must burn his remaining shib, we deserve decentralization and we demand it now
thank you for this post. it was much needed and happy to hear someone of your caliber here. i will say i am new to the crypto game but that is because i was coming from a limiting mindset years prior. people can’t be looking for a get rich quick even though these coins have volatility. reiterating what you were saying, separate your emotions and look objectively at the coins or stocks your buying. if you are afraid of what’s been happening the past couple days, you might need to rethink the reasons why you are purchasing crypto and stocks. happy to be here overall and glad to be apart of this. wealth and happiness to all years to come!
good advice this will take some time and a good reputable exchange to mature. it has to get credibility for that. people stick their noses up at rh but if that “rumor” is true or even binance.us early adopters will make a lot of cash but be ready for some serious dips (30 to 40%) and be prepared for it to never recover. have a diverse portfolio and do your own dd!
should i be ashamed for being gen 3? 😔
ah brother i was fucked by bitconnect those bastards! great post, i appreciate you! hold strong 💪🙌
just bought some more 🚀🚀🚀
shibaswap would be better on binance smart chain , ethereum gas fees are too expensive !
i’m a million whale and holding! thanks for your words. i’m with you!
great post!!! thank you i am holding , diamond hands!!!!!!!!
so, amazing read. i have 377b im a 2017 btc guy. been through my ups downs , fud fomo all that. i was very scared yesterday vb touched those coins. very very scared. it changed the whole dynamic of this coin. the dev team is pretty poop. they do not talk about what's going on. we have to believe them. which i was super okay with until those "burned" tokens moved. at the time, no one said why the coins moved just that they did. i figured he was waiting for liquidity to sell more. i definitely lost a few years off my life. the fact that he can , has , and may again touch those coins is scary. the argument i see a lot of " vb sent them to donate. it's a good cause, plus they are his coins he can do what he wants with them". ya weird argument. he was not supposed to touch them. so now i have worries about shiba swap. we have not seen anything real yet. just a white paper which means nothing. don't get me wrong this is not fud i'm still holding and i love this coin and the community. in my opinion, vb should have bought 1b worth of shib with " his" money and sent those. that would have . 1) not added more coins to circulation. 2) increased the value of shib, not decrease, thus making the 1b donation more than 1b 3) when india sells, it wouldn't crash the market as much and 4) we wouldn't have the shaky faith we have right now.
i'm with you on this. we need more info on the future of the project. not more exchanges to plug shiba in to. i'm holding. i believe this coin will recover and rise in month time.
thank you. great post.
much thx for that. great post. peace 🙏🏼
ok boomer. lol "you're either a trader or you're a holder." true for idiots or noobs but absolutely not for experienced trader, one strategy can compliment the other ...
im a gen3, but i have experience in losses and did extensive research in the crypto space as. im a holder, because if history has taught me, it is that holders gets better chance of going to their moons. i bought last march, keeping on holding on this token for a very long time.
i bought only a small amount because i was nervous. but elon musk seems to only take care of the doge coin, and i wonder if the future of shibcoin will be bright.
thank you for that! vb way to fu*k up a great momentum, shiba was on a great roll, what a great community! next stop 0.0001 all the way to 0.1 and beyond, now release the swap and burn the extra fat.
now this is the kind of post i like to see, thank you for that and thank you for hodling. we should from our side as an great community post and share more positive things and this will get more people involved into shiba. unity is key to success. hold the stock and do not trade... trade forex if need be. but with cryptos its a hold game.
great post , very informative 👍👍👍
certik is doing an audit on shibaswap, you can check their website.
one post ive actually read in quite a while. we need more of these here
serious question though: with so many shib in the indian covid relief fund wallet, what are the risk for shib hodlers? we have no clue what's going to happen. if the fund stakes that amount in the swap or sells it all at the same time: we get screwed.
best crypto post i've ever read. grateful i read it, thank you!
expulse vitalik from shiba he dont deserve the coins
first of all thank you for this post. i am definitely new although in 2018 i purchased eth to buy crypto kitties gen 0 - right after eth spiked then tanked. it was out of sight out of mind. a couple years later - the amount i paid in 2018 for just one kitty is over 3k to 5k now. i wonder what would have happened if i never purchased a kitty and just kept the eth. oh well. my question is if someone can please help me- i have 23mil shib on bitmart and 19mil on crypto.com- i would like to combine these amounts and put it into one wallet with minimal fees. if anyone has any input i would be grateful. i am just going to sit on them “hodl” - i have a trust wallet and a coinbase wallet. can i combine my bitmart shib on crypto.com without paying oodles in miners fees? i apologize if this is too ridiculous- i am totally new and any input would be so amazing! cheers!!!
shib coin has too many tokens for doge coin to go up in price. :( i wnat shib coin - 1$
does anyone expect shib to get to the point of doge? by this i mean the number of people that are invested in the crypto and the value that doge is currently at (between .42-0.45)? i think that it’s possible since doge started in a similar place as shib, but only time will tell 🤷‍♂️
i’m still learning but i’m definitely a holder but this is good advice...
yo i'm definitely a gen3 how ? how can i be sure the content i'm reading? thx for the ted talk, was an interesting read 👌
hola chicos, para todos los que hablan en español pueden unirse al grupo de telegram :)
i totally agreed with you. i have same concerns and a lot of criticism about shib future.
i do not know what gen i am. i taught myself to trade when everything was new, and superbowls were sponsered almost solely by online brokers. and then i saw how crooked the game was and left. attempted currencies, which i still like, but never have the time nor money. so i would've been a gen i had i not been so thisillusioned at the crookness of the "regular" market. crypto looks to be the best of both worlds. i put in a few dollars here. at first the page looked goofy, but i saw the volume. there's volume. and the reddit. well, this is interesting. seems to be more than just a joke or a shell company on the exchanges.
downvote. i stopped reading the pontification after you announced yourself as a whale. this is an insult to the spirit of crypto investing and makes it all the more make shibinu and doge look like a legalized ponzi scheme. rather than waste bytes on screen with war stories how about actually point people to references on how to make wise investments and improve the landscape for the alt coin. i too experienced major loss and gains in 7 days vs years. much of it through my own ignorance or sheer dumb luck to jump into a pump and dump and flee the scene. so what. it’s bad enough that these coins are poorly marketed, bloated with techno babble, and is bereft of any easy mechanics to invest in the first place. i find it sus that i have to pair, swap, pancake, pretzel and pizza my way into this investments only for the dex to short me because the dealer didnt have enough to cover the spread. we need more people to step up to the plate and teach not preach. i don’t care how many lambos you earned or lost. what i do care about is the legitimacy of it all and can i ultimately send my kids to college and help make them viable contributors to society by leveling the playing field. guess what? there are people interested in the product (e.g. tech), and there are those who are in it for the short term cash and grab. speak to the two and eschew from the elitist rhetoric. the challenge i have with shiba inu or any other fractional themed-memed alt coin fundamentally is the math. if this ever reach .01 there is no way mathematicaly or logistically to pay all the investors the trillions in dividends much less at a dollar. speak to those that invested into 100 million coins or more. hodl, stake, both and how. we’re waiting.
good post, my first day investing in shib, but i only put in a small amount i could afford to lose and i doubt i’ll trade for a few years yet as retirement is down the road a bit.
we need is trust.
excellent post! thank you for sharing your knowledge and realistic perspective.
the . gen 1 know your place. thou dost not make demands to master ryoshi. vitalik will do what we tell him to do. this is the way.
comments are the perfect dd 😊 analysis after jumping the whole teng
i’m third gen fomoer i’ll tell you this right now. i put in on a slot pull. you’re fully allowed to drag me. i’ve always been leery of crypto and have watched friends and coworkers make a ton off it. i just wanted my student loans gone. that being said, realizing that this was a gamble and doing my research i’m actually quite happy i’m down right now. the whole donation to india thing has givin the coin a standard. if people want that money to benefit the world they have to buy and hold shib and let me tell you this. if charity is the standard behind a currency than i’m 100000000000% behind it. it also opened up a market to crypto in general. from everything (my baby, don’t know about anything crypto eyes) i’ve read it seems india really hasn’t been a part of this market and now it seems to be opened up for them. i genuinely like the move of the donation. yeah. it hurts, and since i bought at the peak of the bubble it hurts worse. that being said i think as long as we keep holding and keep that standard of community and charity this coin will stick around. we will see. as i said. i’m a fomo 3rd gen who does want profit out of it but i also want the coin do well if that is going to be the face of it.
u? i want to avoid all the outfalls you mentioned on people who yolo. the amount of info out there is crushing and conflicting and difficult to sort through as someone new. knowing what you know now, how can i learn the ropes the *right* way?
this is true spirit of community and utility. thank you.
thank you so much for this level articulate explanation and warning, this is what so many of these kids need to hear. and you took the time to really put it together nicely i really appreciate that man.
a stupid person learns from their own mistakes, a wise person learns from other people's mistakes. may this be the way!
we need to be listed in the crypto app, and coinmarketcup now!!! 🐕🚀🐶
cooper tv on youtube this guy the bomb please view his live stream this guy is so helpful & supportive gives great advice 👏😀🙌
how can i buy shib?? i can’t see an answer to this anywhere
i’ll admit it now, i think we might be getting rug pulled about now. i agree with the shiba swap seeming like it was gonna really help make a difference in this coin, or even burning which would allow some growth for us but right now if anyone’s noticed our group has been going up in numbers by quite a bit and our price has not. vb did not send those tokens to help us, he sent them to crash the coin and while it did not it effectively allowed everyone in here to donate unbeknownst to us. i was really on board with this coin, and i still am to a point but like op said without shiba swap it’s another meme token. where is the dev? imagine that happening to any other coin and the dev not saying anything? i gave it time, i liked the positivity of this group but unless something changes i see the writing on the walls and i’m surprised y’all don’t. right now pretty much every coin has been going up but us. check out crypto.com and tell me it’s not weird that people are joining this group and we’re about to hit 100k and we’re actively losing money?
i dont have enough shiba to do the swap
i’m holding. it has to be worth more than 2c with the upcoming doge trend
where is shibaswap update? please provide the info and the audit.
you made me read all of this pls donate 😠 jk was such a good read. been eyeing on shib since pre snl but it wasnt on binance. now i bought in at .000035 and im at a huge loss but i havent sold a single coin. why? because i did my research. and if things go right, i can make huge gains off of shib. (not just from a pump and dump)
i think i am one of those blind gen3 buyers who got on the bandwagon. i am a student and have not more than 80,000 coins right now (lol) but this post got me thinking. i'd like to atleast be able to understand the asset i am putting my penny behind. currently youtube. i tried to understand the whitepaper but could not get most of it. can anyone please guide me towards content that can make understand the shiba coin better in layman terms hopefully to begin with. also what's a good place to keep track of crypto news to be up to date on possible crypto investment opportunities. my bad if i sound naive!
how do you feel about it now? has anything changed?
i will keep posting the same thing. thank you for holding. taking short term profits screws us all. hold please. hold. ride the dips. the day traders that want to take a few k profit don’t understand the family we are creating, and that this family, if it stays strong, will make us a fortune. dyor. no joke. i’m down 25 k usd still holding strong. do the same. shib will make us all rich if we stand together
non sequitur. look where doge was in january. takes patience.
how can i be the 1st to here about shiba swap when it comes out?
i didn’t put in what i couldn’t afford to lose but it was still money i’d like to have it would be a shame to see it go to waste. i’d say about half of a bi weekly paycheck.
hi all! i have my shiba coins on binance, anybody know what is the best way to shiba swap (when it launch) ... do i have to withdrawal to my tust wallet and then with shiba swap => bones ? 💸🚀🌙
great post! i shared it on twitter and want all the to read it and understand it. i am the 2nd silver gen. i had lost many tokens bought during icos. but their are many others that i bought during icos did made it like . basically, what i am saying here. and spend time reading articles (websites) and watching (youtube) videos before jumping into any projects. lastly, i maybe a little bit late in being part of . after this post, i'm going out away my phone and let the tireless team do their work with . see you on the other side .
i’ve never sold off 7million coins so fast
this coin sucks. all about doge!
i’m a holder in shib and safemoon this just reads as a whale reaffirming his own status and making himself feel good about his investment. yes i hope shib goes up and i hope everyone gets some wealth but to degrade safemoon when you’re a whale in shib is just ironic
you lost me when you said bitconnect 2.0 (safemoon) but go on to say shiba is a great coin lmaoooooo where’d you get that info? war on rugs ? 😭😭😭😭😭😭😭😭😭🤡🤡🤡🤡🤡🤡
so you got 1 billion shib and your a whale?? that's about 15 thousand dollars worth. i'm a whale too then.
tldr: “i’m not even a 90’s kid bro i’m an 80’s kid. suck my balls gen z” hahaha , jk. (i am rushing to work and cannot give this a full read atm)
i agree with you fully, and also congrats on the upcoming baby!
well put man, and congratulations! i also have a good feeling about this coin, it has a fairly clear future (shibaswap etc) instead of just being hype. and i actually think having vb involved in the project is a good thing. i agree the developers should have been more clear about the 50%, but vitalik would never rug the project because then his donation wouldn't be worth anything (which would probably destroy his trusted public image), and he cannot profit. though i feel this community has to mature, we cannot forget how new we are and things like that take time. so keep having meaningful thiscussions :)
“then i did my research, and realized that i actually like the concepts of the coin” what are the concepts of the coin that you like?
how do you obtain your shibu coin. is it thru uniswap?
i agreed, but this is how some people learn how to navigate, and we all fall or fell in these mistakes. i hope everyone is careful with their spendings!!
there is a bunch of teenagers in here
tons of teens, investing . then screaming around forums to not sell when it dumps worse than the rockets in israel
and why being a teenager is bad or wrong in my opinion every teenager should take part in comunities like this or invest his pocket money no importace if he win or loose just investing is an up in a person life instead spend the pocket money on some game or idk something ridiculoss is much better to invest in some crypto if they burnt they learn a lesson or if they win they learn another so having a low age community should be something to be proud of
the fact that your falling for one of the most obvious pumps in history, and the fact that your listening to what seems like the write up of a 16 year old says everything you need to know about this coin.
lost 50k in the xrp craze of 2017. crushed me hard. but it was then i became a gen 2. we learn and we educate though :)
i like how we all thisregard the fact that the community trusted him to burn the whole wallet🙄 (at least it went to charity) in any case he should burn all the remaining instead of trying to kill projects , create chaos and augment the mainstream bad name of crypto... a lot of shiba owners are newbies and them loosing and going through what happened will turn them off from all crypto. it can only backfire unless burn happens. his silence and not burning is very thisturbing
that, shiba swap, the potential listing on robin hood, and dare i say hopefully coinbase in the future? this coin has some serious backing and it wouldn’t surprise me if it pumped two to three more times.as to vb, it would defy logic and would destroy the very donation that was made if he all of a sudden decided to throw more coins into circulation. i surmise he has every incentive to secure his donation to india and that this may have been a golden move. only time will tell but i am so excited about this coin. we get to make money and even help people in need. such opportunities seldom happen!
vb is not going to burn shit. we are the competition, he did it to hurt us not to help us.
transparency and credible leadership
it’s all a marketing scheme, a good one at that. hopefully it works out for the greater good and not a individual scheme, if it’s for the greater good then it could massively impact the price for the better if not, then it will die as people will want him to suffer.
i would like to believe he only gave away that portion in an attempt to not heavily influence the market while also trying to do some good. butttt, that could just be my wishful thinking again!
i believe vitalik is going to wake up one morning feeling the need to give our money away again and will do so without though because we praised him so much for it... i don’t see much future anymore but i’ll hold it out incase im wrong.
i liked this, quick and to the point. i was chill before, but it put a smile on my face.
i stand with you my friend. let’s be strong together. hodl
he took 50% of the coins that he had; 5% were donated to the indian covid relief fund. the other 45% are unknown, the speculation caused the price to drop severely in tandem with btc price plummeting due to musk's tweets. as well, when [hotbit.io]( came back online, shiba was being traded on it at half of its actual value. this created a massive flux of sell off at a rediculous price, which even lowered the price further. that perfect storm caused us to lose the momentum, and drop the price by around 40%. hopefully we see it come back to .000022 at least today, and as btc price rises we see it hit .000023. and when the prices on hotbit are equal to the actual value, we will see it stabilize finally at around .000025. then it is up to the future.
yes i'd like to know
do you have lof on trust wallet?
if someone is holding 45% of the supply and at any moment is going to sell you think it can be salvaged by the swap?🤔 so far headlines are how people got crushed because of the move.
and the federal reserve ...
i’m working on my thiscipline! salute!
theta blockchain, t fuel, waxp(waxchain), tlm, shib, leash, and atari token and coin, chia, hnt all great projects to look into. 27ish almost and gen 1 on ze crypto mining. hold or trade either way do your research on the real work application of each smart contract.
hahaha try 4k to 1800 over a couple of days. that hurts but as all will say, you don’t lose unless you sell.
the price decrease isn’t what scares me that happens often and all crypto is losing ... vitalik os what scares me and the fact he hasn’t burned! ok you did your donation created chaos on the community now burn and do what a portion of the crypto community entrusted you to do.
it's done, it is done. now we wait.
500 to 250 here brother
i’m still buying dips down like 1.5k
that shib money is buying vaccines and ventilators and medical supplies. instead of having india burn piles of covid corpses, maybe this money might help. i salute you woofmeister. you did a good thing. the shib army is proud to be part of it.
i feel the same that some of the thiscussions feel like children screaming. ironically i got in with doge but their community turned me off. i put money into shib and a few others that i would not mind loosing. i feel like our community needs to keep the intelligent thiscussion or we will become like doge. would you mind letting me know which of the crypto classes in udemy you found helpful? i had one on skillshare that was good for learning dca and beginner chart reading. i want to become more educated in chart reading.
yeah that was a real head scratcher
we are in multiple audits and making sure everything works perfectly. certik is onboard so we get a public audit and insurance for swap. all we need is patience and hodl.
[ posted 4h ago. 2h before your post
nothing. they’re actually doing all of the things op is asking shib admin to do
a betrayal alright. basically he donated to charity on everyone's behalf. at least if i just donated to charity myself i could have claimed it back on tax. instead i just threw away 50 bucks on shiba bullshit
exactly. the shibarmy doesnt need whale security. this is the way
i only insult bad projects. marketing is important for a company, but for most projects that are block chain based, they need no introduction or marketing. community does that by itself. this is true with all good projects. the ones that spend on marketing...just be wary.
nothing. thats what cracks me up so much. people in crypto are so will fully blind. everyone is going on about decentralisation when a single man has the ability to completly destroy a coin. how the hell is that decentralised? not to mention the government in any country could wake up tomorrow and ban the trading of any cryptos. remember in egypt during that civil unrest how they shut of the entire countries internet? what good did crypto do anyone then? no...crypto is a way to make a fast buck and that is it! anyone else who sees it differently are either lying to themselves or just...dumb.
he does what the shib army tells him to do. this is the way.
the coin he is trying so hard to protect just got rug pulled and this guy is calling safemoon with an actual burn wallet bitconnect 2.0 this guy's talking out of his ass
that’s why they literally made safermoon lmao
im pretty sure it said it was in vb hands and as long as he didnt rug us shiba would be ok. also he sold 10% to help india, he could have dumped it all.
right lol. cant take anything else this guy says seriously. safemoon is far more transparent with its goals and roadmap. ive got shib, safemoon and others. but calling safemoon biyconnect 2.0 is laughable at best
there are several pictures of vitalik and ryoshi together. i think they had a couple of chats before making this move.
**hrmmm the way, this is.** *-money_for_fam* *** ^(commands: 'opt out', 'delete')
you do not seem to understand, vb did not ask for the coins, there was no conversation on record between the devs and vb prior to the transfer of assets, he did not ask for the publicity attached to various coin devs sending coins to his wallet and saying they are equivalent to burned coins, a naive assumption. vb does not owe us anything, not an explanation of his actions or his intent in the future with what was dumped on him. thinking you can tell him what he can do is ridiculous, i repeat, he owes us nothing. choosing to use these assets in the way he did was way more than could have been asked, he 'could' have just sold the lot and watched the market burn. if he decides to talk about it, well that is more than anyone deserves to be honest. however, the request for transparency from the shib peeps. well that i can get behind :d
he said 100b shib bro💯
thanks. will be my second child. my first is almost 7. time flies.
and also what better way to get india to rethink their crypto policies than to gift them the largest charitable donation to date in the form of crypto. which works wonders for all coins. lol. strength through unity, unity through faith (if you know what movie that’s from dont upvote, just know you’re awesome) have faith in shib and be prepared to go on the ride. look at the history of any coin, they’ve all had their ups and downs, this is no big deal, i believe in shib and it will be right back up in no time.
tbh someone would put a hit out on him if he rug pulled he’s not a hard man to find and that’s serious money with major ppl lowkey involved people get rekt for way less. plus he’s got so much eth and cares about fixing world problems. not cash grab... could just be a great actor... unlikely ... plus if every detail of the project was revealed the whole market wouldn’t be saturated with already whales buying more token for less usdt value
well you can look it up for yourself and guess which ones i like if you wanna mock people’s comments, as that’s what you seem to prefer in your comment history. but i’ll give you one for free, admittedly my favorite… the coin is intended to be governed by its holders.
yeah that was the post we needed.
me too. i keep it a secret irl , especially since i am known in my trade. we need some credible leadership for people to actually start believing in this project
agreed. so much talk about how great the "community" is here but it all comes off like tweens trying to larp what they read on wsb. so much cringe.
yeaaaa it concerns me how much these coins have people like this. "i brought in 3 days ago why do not i have lambo?" i've dropped my bag now. i dont know if that was the best move. i moved my shib into eth so eh.
while i feel you, it is good to talk about it quite a bit to keep the traction going. bro, they had places flying dogecoin banners, lol
it was not until i was i was in my 30s that i realized most of my friend's parents growing up were just faking being adults. it's not just the teenagers. :)
they want money too!
i have two kids and grey hair. i have more in shib than 90 percent of the make or break kids on this platform. i could pay for their college with what i own. be wise. stay strong.
sorry figure of speech. it’s 18 years old here but most act a lot younger. many people coming in here expecting it to go up as soon as they buy. think many people got excited by the hype and thought it would be easy money. i shouldn’t say teenagers. i apologise for that
nope, the more the merrier! i wish the best for all of us. regardless of age and i am 50+!!
lets be honest. if you cannot tell the difference between lose and loose, you should not be yolo investing lmao
same with you and including dgb too. remember the days when bch was at its peak too. when you lose, you stop for a while, then learn. really hope everything gets sorted out with shib. here with you holding!
ah a fellow veteran of the bitgrail implosion.
always remember. you only lose if you sale. xrp have not went to zero. if you still held you wouldn't have lost. the highest you could have paid is 3.84 and it is on its way there soon once we win
it was never for him to burn the coins we've given to him. it was given to him as proof that the devs of shib do not own the majority stake. it was given to vb because he is probably the most legitimate person to give it to in crypto space. what vb does will be up to him, but of course we as a community can ask him, but not force him. burning is a retarded word because it is so easily shillable to normies with low iq. we should be thinking rethistribution of the tokens. eventually vb will not be the whale anymore, he knows that as much as we do that having 50% of supply is counter to ryoshis vision. i'd like to think that he will eventually release these coins to provide liquidity into dexes or philanthropic actions. normies did not realise that none of the tokens have been sold only that it has been transferred to the donation wallet who is owned by the co founder of polygon, a layer 2 solution for ethereum. and that guy knows better than to cash in and market sell the whole supply. he would not do that because it will crash us. the less vb owns the better. whether he rethistributes the coins to legitimate causes responsibly (which he has done so) or token burning (which i'm against for the reasons above), its up to him. vb is not a retard like most of people new to the crypto space who are driven by fomo and irrationality. if you dyor before you joined shib you should have already fully understood the risk. if not then why are you here?
why \*would\* he burn it? it would only further encourage the tactic. would you want people using your reputation on their projects without your consent? related: would you destroy millions or billions of dollars for someone that used your reputation without your consent? that said, holding it or burning some to maintain some value for the charity to liquidate would have some logic.
are you retarded? we are not competition. ethereum is a layer 1 block chain. shib sits in the ethereum network as and erc20 chain. we're actually adding value to ethereum by driving up network usage and once shibaswap materialises as one of the biggest defi then it will suit ethereum even more. jeez, the amount of newbies here spouting nonsense and fud. grow some brains.
hope you are right because it might easily ruin all the crypto space. moves like that is what the us government is waiting to see to take action.
smarter move would just hold until shibaswap comes out and then use bone to ask the holders what they wish to do
i’m kind of thinking the same. i understand it was a charity but as a crypto ambassador being public and the face of a space that has been anonymous to do smt like that is shocking. also i can’t understand why he wouldn’t say smt about his move. i think he owes the crypto community at large to say smt. most people also hold eth and many more crypto.
oh, i see. so he took the whole 50% out of some place it was stored - sent 5% to the india crypto covid relief fund and we do not actually know what's happened to the other 45%, but people are reacting as though it is about to be dumped back into the market? well, i'm not playing. i'm enjoying the show, i'll count the shib i have atm "lost" for now and if the market corrects, calms down and the new interest and publicity have the effect we think it should have - well, i'll look again maybe in 2022 what my millions of shib coin are worth then. shocking the amount of people betting their life on this stuff. i'd like to be rich, but not at the risk of losing everything! i think it will level out after all this drama and we'll see a new ath some time later on. hold. have a beer. enjoy!
cheers mate i really appreciate that. gonna visit those sites and watch some videos on them now
that is actually not true but ok.
but...you do lose. people like you need to wake the fuck up man. it is embarrassing.
try 12k to 4k yikes!!
yeah even with the massive dip i still made profit
don’t get me wrong...i am beyond grateful that the money could help india but he has effectively killed the token which, as i’m sure you can understand, drastically reduces the value of the token that he donated. how incredibly insulting to the people who are in most need. it’s sad. it was likely for a tax cut and i think that not thinking through the implications of causing the community to panic and sell on a whim was the worst decision. perhaps it is a test of just how community driven it is? who knows. i’m fine to admit when i’m wrong but thus far nothing has happened to cause me to feel like it was an amazing thing for the people who need it. i hate to think they’ll end up with something with little to no value. like i said... i’ll keep my money there. i don’t own much and see no reason to further tank it. but there were one million better ways this could’ve been done. it also causes a lot of doubt within the community because the tokens were said to be burned. they weren’t. now you can’t really trust anything that is said about the project henceforth.
yeah op lost a lot of cred dropping the hate on safemoon there. lmao like what? they are literally doing almost everything right and almost everything on his wishlist
i have no problem with this donation i really appreciate it but the main problem is now vb is the god of shiba & he can do anything with his other 40% in future. vb should donate his own money not our's money. its really pathetic.
watch out for the third one, they are sneaky.
beautiful quote! (had to google the movie tho ;) i agree, it’s great publicity. i don’t know whether you heard about it, but a little while ago there was a 100 million youtube subscriber race between a hugely influential guy and an indian music company channel. that indian channel actually reached the goal first just because millions of people were finally able to use the internet there (wifi coverage was apperently very poor until recently). if all those people can soon start investing in crypto, i bet they’d invest in the coin that was donated to them to help with the covid crisis. then shiba would really take off!
i do not believe karlhungusx was being negative. your post was amazing! i'm a 1st gen "millennial" born in 81...so ya i'm a 40 year old millennial lol. anyways my point is do not make assumptions. 4 agreements 1. be impeccable with your word 2. don't take anything personally 3. don't make assumptions 4. always do your best these values need to be instilled into our generation, we need to be all about the community.
thank you for your common sense. so tired of ppl not realizing the real crypto market and panic selling because they put their paycheck i to something they don’t understand
i keep it a secret to not get bullied lmao
spot on. the whole doge killer thing too is cringe.
it just gained popularity so fast that everyone flooded in blindly. as time goes on people will be chasing the pump less and things will consolidate. i think the project was on a healthy trajectory but all the elon twitter doge stuff just grew it too quick. got icarus'd yesterday a bit but i think it will settle a little from here.
it’s difficult for new investors to understand the volatility of a young coin and keep their emotions in check while watching the 1 minute chart.
you get excited want to get rich quick and learn a life lesson.
where do you obtain shibu coin? is it via uniswap?
you have a good point in everything you type, in my opinion loosing 100 in early motivates you to understand how things work, so you maybe dont make same mistake again the first thing in my opinion they need to learn asap before doing anything with money online is to filter the informations and make some boundries.
>teenagers. glad i was never one of them.
bch is still a scam lol hated that fork so much still pains me
cashed out very well when bch hit ath back in 2018
1. never said or implied anyone was forced to do anything. however the point was for him to hold or burn. 2. “you would like to think” however the uncertainty drives people away and many sell out of panic... 3. i never thought the coins were sold however eventually they have to otherwise the covid relief won’t benefit. it is an immediate problem for them so they will start selling although they said they will take into account the community. 4. off course i knew and still know the risk and i never said or thought that it was a safe stable investment that’s why i’m holding. however it doesn’t change the fact that this move might have turned many off from crypto. i hope i’m wrong.
why wouldn’t he? i think that move does tarnish his reputation imo and cryptos overall. and send people running away from crypto proving the high volatility and some can argue market manipulation. if crypto was regulated it would be interesting to see if there were any ramifications. and i believe if many lost $. however i’m glad that it will hopefully help people. i’m holding and time will tell...
firstly, i'm a 1 bill holder, i know whats going on here. do you really think shibaswap is going to save the world? because ryoshi says it will be the biggest defi... there is some strong competition who also claim that. i agree that we need shibaswap as soon as possible to prove we are more than a meme... but do not get carried away believing your own truths.
or i could just hold until swap and then sell out before that goes to india as well
oh and when is shibaswap set to make an appearance?
yes totally agree !
sweet it’s always good to look into the developers previous projects too you’d be suprised...
what’s not true? if you don’t sell you haven’t lostas you still have the coins
i see what he is saying . he does not lose until he sells .
no you don’t, diamond hands man, quit crying like a little bitch.
shib is not killed, it's bringing life . vb may donate somewhere else again which will drop the price again.! but blessings come to those that hodl. vb is not worried about tax cuts
don't worry young padawan. the shib army has billions in its armory. we are top 30 crypto coins out of thousands on the market. it has legions of loyal dogs. we have the mysterious ryoshi and his dev dog teams, shibswap alone is going to bust a nut!!!!! with a market cap like ours we would not be going anywhere anytime soon. stay strong shib army.
after reading the whitepaper i realized that the devs were not actually working with vb and he could "rug" us. i honestly do not think his donation is a problem. months ago there were people who had over 500 trillion and they slowly sold off and took profit. the organization that took the donation already said they would sell off responsibly. which is reassuring. we should be doing a marketing campaign. buy shib and help india. lets drive their donation higher. when i bought shib in feb i thought of it as a long term investment. i put a little money into coins that i think have potential and the bulk into more stable coins. though i am being cautious and not wanting to loose money when the bull run ends. i think we have a few more months to go but who really knows.
haha cheater. no didn’t hear about it. but given the population of india it wouldn’t surprise me. i just hope the coin has time to mature and i have time to pass my year for capital gains purposes before it goes too high. lol
good ole pewdiepie vs t-series lol
well i’ll admit i possibly didn’t give the man a fair shake, work has been a little rough on me lately 14 hour days while working through lunch to get the workload done because management has continually drug their feet with getting us proper staffing or with getting the staffing we have in line, so yeah i’ve been a little stressed. so when i saw his comment, based on some negative comments he posted in his history, i took it as him assuming i was like some on here talking out my ass and hadn’t really done any research or that he was one of the many naysayers and suggesting that the coin had no upside. maybe i was wrong and if so i’m sorry. but if i wasn’t, i don’t have time to play games with my own kid half the time, let alone the kids on here.
well i don’t know the purpose or benefit of an award is, but thanks nonetheless.
bro i’ve mined btc since 2011-2012 with some breaks and even early on sales like 2013 type prices. but also believed in the project but it was so new and free money at the time really with such a low miner pool and larger block rewards. shib promo is nothing to be fear from being bullied. there is so much legitimacy in this token and smart contracts being developed... we are so much farther ahead and can do so much more with blockchain technology than back then. i believe shib is about to be a block lattice fixing very prominent gas fee problems and general block chain congestion as of recent. you’ll be launching laughing at the haters still remaining stagnant in life cause fuck the negativity. you do you!
i keep it a secret because in a few years time, i do not want to get tied up and robbed by those i told because they remember me telling them about that silly meme coin i popped some money into!
this right here. unfortunately my funds hit my bank right as the price was highish and thats when i could buy in when i had been tracking this since before the more recent spikes, so i got kinda screwed timing wise with my invest and i'm down a ton right now, but i'm holding for the long haul. everything invested is cash i do not need right now or for the forseeable future. letting things ride for a long time is the best way to make profit since timing the market, as well know, is not possible. it'll get pumped and dump just like doge, and just like doge, it will steadily grow from those activities over time. that's why you hold.
i would say a fair proportion of people who read the whitepaper and were pretty interested in the tokenomics and shibaswap knew pretty well that big rise was gonna crash as soon as it became obvious so many people buying the up were just zombie brains. while of course i appreciate the meme-ness of the shib coin, i'm happy to see the hollow hype die down, happy to see the correction, and i hope when round 2 hype comes people will spend a bit more time looking into what they are actually investing in. i also think, if vb wants to slowly rug and in the process literally billions are diverted to charities of such obvious importance, i think i'll get over my thousand-dollar loss and if someone cannot they are either over-spending or under-empathatic. i was so thisappointed in how people reacted to that. technicals aside, shibaswap aside, i see no sign that the devs are not 100% committed and sincere to this project. i can feel the passion there, and i love it. i love how they have incentivised people away from cexs, i love the complex gamification of the tokens, i love the time-scope of the project and the taunting secrecy around future initiatives. it's such an exciting project, i've actually started learning blockchain dev! and unfortunately for me the worse thing about it is, so far, the community. so much selfishness. but i'm thinking that'll change.
what do you mean icarus'd
this coin was only at risk by giving “burn” tokens to v and thinking he was going to hold them without a contract. you don’t give a man millions in gold and say “here take these their yours but never touch them please”.
>15 just watch the long charts, monthly and weeklies. lol
that’s exactly right. when people are financially stable and safe with there money. have a go at the crypto market. right now it’s very much a gambling game. i do think after doge coin many people and some with very little money thought they could make a lot of money with no risk and now are in a lot of trouble now. hence the panicking. it’s sad. i would tell anyone who can’t afford to lose, do not buy. i appreciate the smart response 👌🏻
binance or crypto 👌🏻
but i think the people already forgot about that lol
1. yes you did 2. crypto as a whole is uncertain, why you here then? 3. yes they will sell, but it is the same idea as being nervous because that 7% wallet holder is going to sell, or the rest of the whales sell. everybody eventually sells but they method they sell is more important. the person who holds that charity wallet is sandeep nailwal, he is only polygons co founder. and he already promised to not market sell. 4. people who get turned off from this should look at institutional banks and see what they are doing with your money. more shocking. if they do not like decentralisation and transparency then they should gtfo of crypto and stick to stocks and fiat.
if some salesman went to all your friends and family and said you referred them to your loved ones to buy a thing because you said it was awesome and they should buy it...and you absolutely had nothing whatsoever to do with any of it...would you think very highly of that person? would you do what they \*wanted\* you to do? and the above example actually is illegal in most places. it's called "fraud". why burn half to vb? why not just mint half as many coins? ask yourself what the point of that was. vb turned it around brilliantly and encouraging that behavior would have lost far more reputation. he could mint any coin he wanted at any time and cash out a few billion and run if he felt like it. allowing others to do that with his name is a clear loss. it's shady to me. very shady.
adoption is based on popularity. as far is we know, shib trended on chinese social media weibo 3 days ago. and now it is starting a search trend in india after vitaliks move. shib currently has momentum. not as much as doge but it will get there. and if it does, people will tend to go for shib over all the other exchanges regardless of it being the best or not. tech and adoption is a popularity contest end of the day
was replying to post above, mb
english is a second language so my abbreviation skills are limited... hope reading the extra letters didn’t burn a circuit...
“you don’t lose if you don’t sell” is a fallacy. your assets are only worth what someone is willing to pay for them right now. if your portfolio went down by half, you lost value.
not sure why you would think the rich aren’t worried about tax cuts but okay. 😅
but slow and steady growth is what we want rn tbh so i’m not keeping it secret but with heavy pump there’s dump and with dump there’s whales ready to buy at a premium. so let’s just keep it going as the people’s coin. no doge killer that’s leash (as stated in the woof paper) and just a marketing ploy... shib will be able to dig for bones soon too
yeah it is been thisappointing to read in the crypto daily thiscussion how many people lump shib in with meme and shitcoins when it is always had plans for actually use case. they just saw the rise, weren't on the train when it left, and then got upset by all the other meme things and grouped it all together without looking into shib. a lot of investors did that too. the amount of people i've tried to talk to about 'm talking about totally unrelated crypto...
flew too close to the sun and got burned. the tale of icarus. essentially means it climbed too high for its own good.
is the symbol bnb
but you have not realized your loss and still possess the same quantity of coins.
i didn’t lose anything. i still have the same about of shib i had 2 days ago. you are 100% wrong
the way the value* of your assets can go down, especially in crypto, they can go up 1000% the next month. crypto should not be looked at as regular trading in that sense.
i have money i quite alot. i recently brought some btt. i think its a fairly pointless coin but if it does reach 0.10 i'll make a decent amount from a 10£ investment so eh. tbh i want to believe the swap is coming. but i cannot be asked. if this coin moons good for everyone. maybe i'll buy some more at some point. but right now i've lost interest in the whole project. i was never going to make a lot from shib anyway. i hope everything works out as the communities is strong. true doge coin has nothing but hype driving it. but right now shibu is in the same boat. and right now with updates coming and more ways to use doge coin dogecoin has more intrinsic value, believe me never thought i'd say that sentence.
i think what's missing is a bridge for new investors to the whitepaper or rather, i would like to see explanations and thiscussions on the tokenomics bubble up to the forefront- not only would it capitalise on the blockchain hype in general but also fast-track all those newbies straight on into defi! just because there is a bit to unpack in the (fairly parsimonious) whitepaper itself. i'll tell you though, a week ago i did not even know what a liquidity pool was... i only knew eth as something to be day-traded. had no idea about smart contracts or anything. i've spent the past three days in a blur of new terminologies, concepts and blog articles, and i'm sure i'm not the only one. if i gain nothing else, and if the project succeeds at doing nothing more, i'm sure the web 3.0 timeline was boosted by the past few days. i was actually writing up an article consolidating some of the basics and shiba inu but i believe the tokenomics are being reviewed against the shib hype-train so i think i'll wait.
ah yeah, i misunderstood. you can "okay boomer" me, i will understand.
hi uhm. im pretty new to crypto. im not investing in bch but may i ask why its a scam?
dont know what the other dude is on about, i think hes trying to explain that your coins have lost value... yea, no shit, why the fuck would you elaborate that. but as you said, as long as you keep the coins and dont sel at a loss you wont lose. i know for a fact id rather wait 3 years and get my money for my initial investment than ever selling at a loss.
you lost value compared to fiat which is the reason you are investing in the first place.
lost interest? it's a brand new coin that came out this year. are you a teenager ? because you are sounding like it... if you are have patience what did you think green candle to the moon even doge did not do that when it was under a penny
hu? i do not care about doge. both this and doge have no use. doge might be able to be used to buy a tesla which will affect maybe 0.5% of the population. i lost interest because it has no use. i'm not saying its a bad coin. i'm saying i do not want to invest anymore in a coin that will only be used in a exchange. its reason why i have ditched my safemoon and other pointless coins and moved them to solana. supporting a system half these meme coins are built off. doge ill sell when it hits 0.4£ again. i hope this coin does well for everyone who's invested in it, its has a bright future if it keeps up the momentum. but i personally never had much interest in it to begin with. was just here for the gains, which i got and left. have no interest in seeing this coin to the moon.
well first of all fuck you, second of all i bought 100€ worth of daps back in 2019 and they were worth 10€ at one point, but just a few days ago something happened and that shit blew up. 1000€+ as of now. stay mad
should i sell my doge and load up shib!?
like this if you are not a bot i’m tryna see somethin
up you shibheads, i was there for gme from -. it’s been 3 days damnit get your shit together. this is a long haul it’s a 1
i'm a fucking thousandaire!!!!
i seen a .
who been holding since 5 zeros??
put . first time buyer. let’s see where this goes.
just bought 30m more i wanna see it eat a 0
i’m not sleeping tonight. ima witness this history. woohoo 🙌
it’s in rh best interest as a business to list shib it’s only matter of time
i just made more from a virtual coin than i ever made doing labor haha. life is strange
i only have 5.5mil shib should i buy more????
i’m only 10,000% away from getting out of poverty
shib had a 25% dip yesterday too. we chillin
if you can’t handle the dip crypto not for you
tip: get your ass off that 1hr chart and click on 1 month.
hey guys 18yo from india here! shib is the 2nd cryptocurrency i have ever bought and it has gone up so fucking much!!!!! i am so grateful to be a part of this community thank you y'all
no need to panic, just keep accumulating and have patience. probably till 2025 who knows we may be smiling then thinking about a decision that changed our lives.
scared money don’t make money!
i’d like to see the world pump this to .10
i’m not buying to double... i’m buying to go from rags to fucking riches! i want to see what it taste like!
this is the uk checking in and we don’t run out on our friends or leave a man behind. with you to the last bullet team
rip anyone who sold. we’re going straight back up
doge went from 0.0009 -> 0.50 in 4 fucking moths
was used to help india in a crisis, we are not investing in elon musks pocket change we are investing in someone who is selfless
hey y'all, i sold my 70'm certainly ready for whatever comes next. let's finally get to the moon!
i'm 15 and convinced my dad to get 8m shib (we're split the investment and profit 50)
guys i did the math and only 8 more straight days of 78% gains and we will break a penny
just bought 7mil leggoooo
who else thinks it’s going to eat another zero tonight?
if you sell you’re double gay
i'm holding for a year, who is with me
i just bought another grand in shib !
my asshole has never clenched that hard
watch ppl die inside when you tell them you got your lambo out of shib
did shib crash coinbase?
harambe is watching us, stay strong
we broke coinbase. i wonder what the price would have been if the site didn’t crash
dont be the guy who buys pizza with shiba
i made ,647.94 off shib alone in past 24hrs….i’m fucking holding!!! 💎 💎 🙌 🚀🚀🚀🚀
like within the next 4 hours
who post addresses will be reported.
guys i hope everyone is realistic on the idea of it hitting a penny. the level of token burning would have to be over the course of a few years unless a few whales decide they’re gonna do a massive burn. so it comes down to your level of tolerance. possibly a bear market 50-60% pullbacks. maybe 80%. i’m not judging anyone under those circumstances. no one knows the future so let’s ride the wave i’ve been holding and accumulating since january. still holding
seeing that +77% on the homepage though 👏🏻🚀
don't sell during dips. this is the whale fuckery that killed doge. don't let that happen here. fuck whales! buy, bury, hodl!
literally everyone i know says im dumb and not to do this, so obviously, the craze has not reached the masses yet. it is just us intelligent folk.
im droppimg 1000 of its gets back under 6
just joined the hype train
we all need to get robinhood to accept shiba...each one of us need to fill reddits front page with single posts to welcome shiba to their tribe... let’s go!
shib now is btc in 2010... imagine where you will be in 10 years if you hodl
y’all deserve to make money in a world run by the top 1%. let’s take our freedom back
shib inu will save america 🇺🇸 middle class and create new middle class americans 🇺🇸 when it hit .01
don't sell your shib. use it as currency.
150 mill shib owner at ath checkin in
you should buy nothing because i am not a financial advisor
we just can’t sell, i know that is what everyone says but it’s true. my money is up …amazing but not life changing. holding the line here.
they said doge can’t reach a cent yet it reached .70 🤷🏻‍♂️
we need people posting tik toks that’s the key 🔑 i’m to ugly unfortunately
why the fuck is there 590 trillion coins
man fastest recovery i’ve ever seen
please help. trying to poop, but it wont come out
no it isnt lol
we dipped this much in 1 candle like 4 hours ago chill
if we dip any more im gonna be forced to buy more
ngl i sold some tsla and put into shib today lol
just bought a , excited to see where this goes
you guys swing emotions worse than my girlfriend lol
puppy pleeeeeeease go back to 8, and eat a zero tonight
i’m going to sell my asshole to buy more shib
my gf is buying in as her first crypto. ya'll may have this months paycheck on the line. my relationship is on the line
i’m gonna drop 100 on shib
just saying if you all can’t handle dips, you probably shouldn’t be investing, or as i like to say, betting.
i'm in for the long haul. i'm not selling until it hits 0.10
remember what warren buffett said "do not be a paper handed cunt"
*** when you pull your money out when we inevitably sell these stakes, please put it in an ira account and live off the interest. if you pull 2 million you can comfortably live with 120k a year off that accrual ***
who’s hodl until 0.1 and beyond 🚀
warning ⚠️ buy now
shiba is listing on apple stocks tomorrow
this is the greatest crypto and community on earth!
damn my 100 dollar investment is at 8k rn
i told my girl if she do not hodl im leaving her. s.o.b (shiba over bitches)
oh man we went from 300% to 280% whatever will we dooooooooo
i have 60 mil shib i bought two weeks ago. my profit is beautiful but i am holding for all the people and not just myself. believing in something means sticking with it so it’s diamond hands all the way
guys please don’t argue. shib is trending everywhere! guys we need to be celebrating because were about to be rich!
fuck it i’m buying
i'm about to go balsamic
i only have 11m shiba. i’m still okay right?
i have a good couple of millions in shib, actually forgot about it until recently. with all this market cap talk saying it could never get to a cent as that would make it worth 10 trillion, what's the argument to this? thanks in advance!
everyone active in this chat do your diligence right now...buy
lol at my bank account with 50 cents in it and my coinbase account with a few thousand
3,704,601 transferred to dead wallet(burned)
fucking hell boys. i thought we would eat a zero by thanksgiving but we might eat one this weekend and then maybe another one by thanksgiving!
you guys are awesome , just remember if you do not buy now and it keeps going up you'll wish you did
lol this is a tiny dump to shake out weak hands or shorters
breaking: shib dips to levels not seen since *checks notes* 3 hours ago!
damn lost about 900 bucks in 8 minutes... hodl !!
dang. we're only up 40% on the day... better panick 🙄
the floor is \~...000073 (give or take)... it does not get lower. buy now if you're lookig to add coin! this is the floor hit for the last 24 hrs... it will only go up from here. buy now befor the next surge. buy, bury, hodl, sniff butts
well, i'm glad we all held this 2 min. dip, get ready for the next 17 min. ride of your life! followed by absolute 4 min. crash
my ex girlfriend is a whale
should i throw in 1500 rn?
doge is nothing more than a joke made to line elon musks pockets. shib has been used to help india in a crisis.
if your not putting your entire life saving on shib and taking a loan out for 100k and putting that on it too your wrong
y’all tripping, this how crypto work, r-e-l-a-x… relax, we’ll be fine… expect to break a 0 by thanksgiving… just be patient and hold
15 likes i’ll buy ;)
don’t sell people!! don’t!!
idgaf about a 500. im going for the stars and moon. hodl until i cant bark no more
well whoever sells i feel sorry for them because they pay short term gain taxes and lose more money
i told my friends to invest 1 month ago now they crying 😂😂😂😂
only time in history the average person can make this much gains 🚀
soldiers! once it’s back up... we buy more
it’s chilling around 75 just hold and ride the wave, if you sell you’ll end up losing trust me
news: coinbase ran out of shib
no panic. a lot of bitch ass ness at 8000-8800
fuck it selling my cardano and my polygon. going big
gonna be a millionaire for sure
has anyone else’s all around mood everyday been better since the day this started
i just want to pay off my house so my family does not live paycheck to paycheck
i just hope asia doesn’t wake up to this new found fortune and cash out
think this is the same as yesteday when the price took a breather for a few hours at the end of the day. perfect time to buy if you're looking to add more coin. it will go up again if it follows the pattern of the last few days. fomo is just getting started.
would not make the mistake of giving my cheap coins away without real life changing money
who else has had a boner all day?
i just want 10 cents and then im good for the quite a long time
shiba is trending everywhere! news channels, finance pages, forums ! twitter is on fire with shib! we are shibarmy! 💪💪💪
i’m buying less right now just to keep propelling but if it crashes i’ll buy a fking lot
eat another 0 by tomorrow and another by thanksgiving
if you are seeking financial advice from a reddit chat, best not to invest
i'm adding to my position. this still has a long ways to go ladies and gents. don't be left wishing you added more now before another 0 drops off.
i have a salary of a third world country. somehow i decided to bet a month salary a week ago, and been holding 10m shib. having a hard time with money right now but hopefully this goes to the moon eventually 🚀🚀
asia do your magic while us americans sleep
if you sell this before public opens trading or robinhood offers it that’s gonna be a real dumbass move. doge at its peak hit 90 billion in market cap we’re a third of the way there this is still pretty early.
gotta start posting tik toks
heard a rumor that amazon is gonna accept shiba inu …. whaaaaaa?!?!
lgf!!! let’s shave a zero off by morning!!!
who else has over 100m shib? just wondering
.1 is fine with me
i've made more money in shib in the last two weeks than i have at my job in the last two years
lets just aim for 0.001 for now
i’m considering buying 150 million now or should i wait until there is a drop? thoughts
bought in at 0.00002 and bag held 0.000008 for a while. what a fucking relief boys never fucking sell is the way!
mmm dip buy buy buy
it’s going back up
lol it’s up 100m% and people act like it’s over
this is normal for something going up so quickly. it’s needs a breath. then we climb again boys!!!
elon owns no shib...shibarmy owns shib
much disgusting greedy and selfish paperhands
i will personally jerk everyone off if they buy !!!! let’s pump this thing!
another 50mil let’s goooooooo
am a fucking shiba millionaire
i wouldnt count on robinhood for anything after the dry fucking they gave me with gme
whales are trying to shake people up so they panic sell and the whales can rebuy at cheaper! dont sell, make them buy back more expensive
guess i should go to sleep and see if it is at 15 cents when i wake up
looks like a zero is back on the menu boys!!! 😋😋 eat the dip!!!!
it is gonna be december, and people are gonna be like, "holy shit, you bought it october!? you must be a millionaire!"
fuck it make it 10k
luckily i bought 1000, god bless
just put in another 200 bucks we going to moon 😂
shib is gonna eat another 0 by the end of the week
being holding doge since feb, and now i just converted all of them to shib. i hope it was the right thing to do.
mf’s need to liquidate their doge and put it all in shib. lfg
forget shiba to the moon. it is moving into an another galaxy
kinda want to sell a little to get my initial investment back but can’t even do that
why would you sell before it’s even hit robin hood? 🤣
i want to buy more! it’s my shib and i want it now!
i'm gonna sell one of my cars without telling my wife!!
hello future millionaires kings and queens
hold the line soldiers we about to take off again, asia is about to wake up
there is a shitload of eth being moved around, get ready for something big
should i put another 200 in now or wait for a slight dip?
i’m new and just bought in today. looking forward to eating more 0’s with y’all.
gme forged these diamond hands bbyyyyy
i wanna build a shiba rescue shelter
can people please stop paper handing so many people are causing this to shift because they keep panic selling so hopefully people will stop also if the market cap gets broken and we shoot up almost 10 billion more than what the previous capt’ was why does the cap drop shouldn’t adjust to the new hire cap
turkish exchange and apple stock are listing shiba tomorrow be ready for another bull run
this burn is bad ass and for the hell of it i bought another 300,000,000 just now
just bought 7.5 mil!
i love all of you
i have a target to sell at 0.50
do not sell your shib. use it as currency
shiba has proven mathematical experts and projections soooo wrong
love to all the holders
this is my first week of investing in anything and earlier today i made a hundred bucks while walking my dog. i’m holding.
i'll buy my parents home to so they can live their life doing what they want instead of counting bills and i'll get a nice truck that will allow me to do my job better
guys wish me luck, i have to teach a class today and my.mind is just on shib
should i spend ? asking for a friend
better prepared for this than i was for doge and it feels pretty good
spread love yall, be grateful for your profits and be happy for others profits no matter how much! money is money and yall know we all need it lol
if god blesses you financially, do not raise your standard of living... raise your standard of giving!
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 fucking hold you pussies
get ready for our asian brothers and sisters 🚀
doge thread is nothing but whining about shib. guess they do not like making money.
shiba is on number 1 of my fucking wallet
not selling until .01 for me there is no point. patience is key
i’m pumped, man! i’m putting in 5k more for my mom and dad!
there is close to 800k people holding shiba
mine has gone from like 80❤️🙏
you everyone for being zen about the trading halt today. i have been through it and i know the first time is scary but it should be a sign retail wins against wall st.
we just passed dogecoins market cap some make a meme
wtf!! i would run around my neighborhood bear ass if we hit 5!! 🤣
. few months back is 1mil or so. today . 😆🤪
what if we were all chad enough to drive it to .01
gonna sink 2k usd in shib on monday (or sooner)
i just watched meet kevin's video on shib and near the end he talks about how it is possible that shib hits .00 we just took number 10 spot on market cap and climbing
let’s get a penny boys so i can quit my bullshit werehouse job and slap my manager !!!
let’s get two 0s tomorrow? sounds good bois? lmao
my business has been affected badly by the pandemic... this forum represents hope for the first time in 18 months. thanks folks
they say a , did anyone ever say ? no, so anything is possible.
my 100 bucks turned into 200 bucks (that is a minimum monthly salary in my country), i'm a happy man
i think it could go to 100 billion by 2022
coinbase is going to crash if it has non stop 70% growth
i started when it was
guess i'll just buy the dip!
have a beer who cares if it drops
yeah in case you're new to the shib army, we eat dips quick around here lol.
imagine selling because of "dip"
whales that sell can suck my golden nut in 6 months
just sold my family to indentured servitude for shib. to the moon 🚀
3,704,601 shib transferred to dead wallet
u guys notice we passed polkadot and are now on cmc?
just bought , holding 30mill
sup guys i just bought 38 million shibs can i be in the cool kid club now?
broke college student with . hoping to pay off student loans!
why worry about a dip if your in here to hodl
keep buying these dips trust me
murphys law: it wont rise until you sell.
4.8b shiba purchase -
just bought another 20 million
i can tell the gme investors are who they are. they are fucking retarded like myself and buy every dip and ath
do not sell + hodl + buy dip = big brain move
i just put 10k of solana into shib
i’m 600, just woke up here in sicily
seriously, that dip made me happy
what’s up with the crazy candlestick movement??
if shib hits one dollar i genuinely mean it when i say i will go to work just to shit on my boss's desk
doesn't matter if it goes down 50% now or up 90%, when you look back at this chart in 4 years it til look like a smudge, and you'll wish you bought more when it was at the current price
originally i held tsla, i watched xpev (chinese electric car) it rose i panic bought. guess who turned ? not me. my girlfriend. queen has diamond hands i fomod like a bitch and lost
americans on the east coast waking up soon. well done, euro shib army. have a good rest.
shib is looking bullish, good consolidation levels now after a few days rally. starting to form double bottom for potential outbreak on the 15minute time frame, perhaps enough to keep the level above 0.00007 🚀
guys, it’s my birthday. should i use my birthday money to buy more shib?
shib’s gonna run the btc game. in a few years from now we’re all gonna be millionaires. just hodl and we profit!
lets all buy atleast 20!🚀💯
i love you guys, best fuckin group ever
anyone here who thinks its possible to see a 1000% gain in months??
shit. thinking i need to dump . don't want to miss put
gamestop all over again hold
crypto.com aint working 🤣
cmon everyone… don‘t sell. we can go biiiig
not selling until it is a .0
coin base down for anyone else?
your app of choice is down, do not make the same mistake twice. (webull and e*toro stayed up)
do you know what is not down? shiba 😉
i cant imagine what my neighbors think, i'm doin my shiba dance and chanting. top floor apartment lol
anyone having issues with crypto.com?
i can’t stop buying, have an erection
i'm either hitting a few hundred thousand or my son is holding this after i die
i feel bad for the guy who posted that he had to sell yesterday 😣
[crypto.com]( is still down
we broke crypto.com? wtf is going on
today is going smoothly
no panic sell please, we are holding strong for next run shibsoldiers rise!!!
i sold all my other crypto for shib!
i love this chat because i do not feel out of the loop and can actually follow the situation
we hit 0.1 and i’m going from ramen noodles 🍜 to filet mignon 👀
just put in my last 1k fuck it
338,317,934 shiba commander we are gonna win this battle!!
we haven’t even hit robinhood
bought more shib! cb worked for me
bitcoin is going to crash
gotta start advertising shib over in india, the population would be such a boost
do you think it will go up even more once listed on robin hood?
this is the defining moment of our lives buy and hodl! do not be weak or you will regret it
should i hop in lto shib now ? is it still worth it ?
will this reach .01??!!
just grabbed myself another 10mil coins. lessssssgoooooo!
gme made me zen, this is easy.
its funny seeing posts from yesterday being like "are we gonna hit .00005 today?" ah, if only they knew
as much as i fucking despise rh i hope they list shib in the next week or so (which i think they will and why whales are jumping in with both feet right now - insider info) and this thing shoots a hole through the moon on it is way to pluto.
may be taboo in the subreddit but what else are you guys invested in? shib is my mainest of squeezes but i want to turn a quick profit to put more in shib.
apparently robinhood has been doing not so well so they might jump at the opportunity to bring on shib
ada is boring as f
this is a gift from god
eu here, imma go sleep, keep up the good vibe fellas
by tomorrow we will be eating a zero. mark my word!
okay im holding 300mill, is it smart to get more now?
no reason to sell at all
my only regret is that i wish i had bought more on sunday when i could’ve
bought 5 mil just now for 400! love you guys good night!
guys all we need to do to guarantee the success of this coin. is get it out there. tell everyone! your mom, dad, that coworker you hate. hell, tell you dog!
i have 8mill shiba i bought at .00002. i’m up but i want to be a millionaire. should i buy more lmaoo
we broke coinbase today, and y’all are asking if it’s going to a penny? lmao duh!
burning is very good
who are the long holders in here? been in shib since june!
if shib can drop just one more zero i can finally be free from my student loan debt!
there is no way rh won’t list it, rh likes money and doge made them a shit ton!!! facts! and shib is way more hyped and popular! it’s gonna get listed they would be stupid not too!!!
finally on the news! we gone eat 2 more zeros buy sunday
if you seek financial advise on reddit you are already looking to file bankruptcy!
converted my doge to shiba. best thing i've done cryptowise. i will hodl till
just hold the line dear army 🪖💪
i just bought . this is my 5th time buying more today. i need to chill
the higher the price the harder to convince a regular joe to delete their money... we need to drive demand at the same time
.05 is not a meme
i will hold until it is life changing; or it drops to my original investment i refuse to lose; but i'll hold for the ups and downs that are bound to happen day to day
recruit ya friends lads. buddy of mine just bought 1.3m shib.
i’m gonna tell you all the real shit show if you never experienced it before. these exchanges are all gonna fail and fuck if this thing crashes and will be hard to profit. fuckers always do, without a doubt, drop the ball in that situation. (looking at your robin hood)
how can robinhood ignore us now, we are top 10 baby!
if that 13k is gonna keep a roof over your head and food on your table i would not judge... but if you can live without it hold and you may be even more pleased with the end results
a girl hottie paid me back . trying to be cool and pay... took money invested in shib for her and matched it... now its 100 told her ill split with her
.005 would be fine even
i got in at 0.0000008 , it has been a hell of a ride!
those thinking everyone will become a millionaire coz of shib and it will topple the dollar value. dun worry, coz not everyone will become one coz not everyone is the shib holder. only shibarmy will be millionaires when shib is . with tax and everything, we will be actually contributing to our countries plus doing ourselves a favor by owning shib to the point of becoming millionaires.
what if we all just continue to buy and drive it up?
don't wait to buy the "dip" this is the dip! we shaving off two zeros in the month of november! let's go! 🚀
forreal if we can take a smack from elon on twitter and clap back at exponential gain it’s no a whale it’s us
i converted all my doge in shiba
guys learn from my mistakes i've sold tons of stocks for 20-30% gains. only to see them triple in a year
’ll fuck a shib dog in a tesla
too many of y’all are focused on millions, a few hundred thousand is life changing. don’t get greedy
everyone chuck 'll make it closer to your goals lol
ranked 7th on crypto.com rn lmao
bought 6.5mil shib for
couldn’t sleep last night and i especially won’t be able to sleep tonight 😅
i've earned 3k in a day!! i love kriptoe
bought some shib for my mates today
i’ll bet coinbase and crypto.com are shutting their pants rn saying “it was supposed to go down!”
i guess the dip is normal?
do not listen to the idiots who are saying to sell. they are just mad because they didn’t buy it early enough lmao
1 cent would be life changing haha
shib will recover. who's having a beer with me? 🍺🍺
we now have generational wealth for our kids
when you think about it it’s pretty cheap still
should i just buy now
you can buy safemoon at your local crack dealer
should i buy rn i’m new
asian and indian markets are just waking up. expect a pump overnight.
just bought another 20 mil
not worried about losing my ’ve had more entertainment in the last week from shiba than . i’m just so irritated with the market manipulations that we little guys get screwed over. still holding and buying the dips
i should have took profit but i got scared. this run up was even stronger than doge showed tho and it had more support. just wait until we get a rh listing. imma pay of my car and everything when that happens
should i buy now? i'm thinking it hits 62-63
people act like this tiny dip is the end of the world
just loaded another 2k on the dip
europe is now waking up
lets hunt some whales and punsih them for trynna play us
literally bought this bitch the day it all started to shoot up im shitting
i can’t stop hitting the buy button fffffff it another 10mil
to the europeans waking up: we held and triumphed over the dip for you, enjoy the gains today!
i feel small only having 6.2 mill. wish i could afford more
added another , sitting at 30m coins now!
if shib goes to 8 in 5 mins i’ll yolo 1k
just borrowed 1,000 from my baby mama to buy shib ain’t paying her back
i love this community because now i got to chill with hella chill people all day and i have enough karma for superstonk
its not different today
told all my family members and friends about shib got 15 new members .
wonder if we’ll crash coinbase again today
o started investing in crypto because i was using it to buy weed online.
just go and do something else. and yes, buy now and then turn off your phones and get back to your slave crap day jobs for a bit.
why is shib moving so much?
hodl’ing millions of shib right now, and oh boy is that cup and handle pattern looking tasty.
why would anyone be in panic right now. holding steady above .00007
locked mine up in yield 2.5 months a ago. will lock for another 90 day once completed
we will eat another zero
wow you can really see it leveling as predicted. which means another jump is likely in the new few days
the more i learn about what the developers are working on: shibarium (our very own blockchain), shibaswap add ons, ,000.00 per crypto-pair listing burn fee, more nft's, nft gaming, retail adoption, dao-governance, 1% transaction-fee burn & this super-secret project, the more i buy! now over 1.1b & feeling like i should have added more. each day i just buy the dip, do dd & find more reasons to add. this is no meme coin anymore. amc, robinhood, nyc, ny adoption (they do not allow crypto yet) & those additions should bring much more upside. exciting times,... still early days!
i just yolo’d my rent in shib
jesus fucking christ and doggystile mary! i am not panicking!!!! you are panicking! who is panicking?!
just to address the elephant in the room, yes crypto.com and coinbase are down. however, they will not be down forever. don’t create a long term regret over a short term impulsive decision.
long term guys long term! this is just blip in the grand scheme of things! pull back and look at big picture...not one hour!
i'm just sitting on my , i'm going to hold
should we buy more?
only holding 1.5 mil, but on strapped down and buckled in
if you look at robinhood they are desperate rn as there main source of profit lol doge is doing nothing
i truly love the idea that a bunch of us can overload servers. i’d rather have it happen now then when i’m buying my first house with it.
are we starting a prepenny club?
i just bought on crypto.com and my app crashed right after lol. i hope that shit went thru
choo-choo we are on the money train baby let’s go!!!! 🚂
dont settle for scraps. think long term
the people have power now
it’s going up never selling
it is not crashing. people are just selling off like crazy because of the 88. chill. just chill. hold. we gonna eat a 0 tommorrow. maybe tonight when the brits go nuts up
i thought we were hodling to .01? who cares what the price is now
i could give two fucks about the - i want the ,000
ppl told me to invest in shiva and i just lost
shiba going to a penny wooohoooooooo
does anyone find it highly suspicious that every site is locking us out right now????
this will be the story- shib breaks internet
there will be another wave after this
i am a member of 8 exchanges. all the exchanged that sell shib are down. the ones that do not are still working.
cannot wait to quit my job lol
how is turning off the buy option during a period of massive growth not market manipulation?!?!?
if this hits robinhood its eating another 0 for sure
people are stopping investing in other coins to invest in shib
yeah let us all take financial advice from a guy named ass eater
guys is crypto.com messing up right bow
lets hit 0.0001 by tonight!!!
china is going to blow
crypto is down can’t see my account
you know its a good day when you crash the market 🚀
coming from a background in finance, it’s good to see real people getting the cash and not a bunch of fat cat a**holes
shib goes good with a cold beer, cheers and hodl let's take another zero🐶✊
whale cashed out .8 billion was what crashed itt but it hardly phased shib
holy mother of god i just woke up
sold 1000 dogecoin to buy more shib 🤷🏻‍♂️
just bought 1m more shib
.0001 by the weekend 🚀🚀🚀🚀🚀🚀🚀🚀
woke up at like 5:30 am to see shib was at 0.000117 aud , i screamed internally
"you know what id do with a million dollars man?". "2 chicks at the same time".
.53% in a day? what dip?
i’m am about to put 20k in hype me up in my dms anyone
i’m buying more shib
just brought 2 mill more 💎
i own three billion shares
the dips you see in cb that are within seconds of each other...can anyone explain what that is? is that people losing their shit a fear selling???
glad i got in when i did, still wish i had known about shiba sooner though.
the title of this chat is specifically for those who are not going to make panic and be shills
future millionares in the chat 💰
i find it incredible how people here reject every prediction another person comes up with...come on guys, you honestly have no clue what's going to happen, just sit back and enjoy the ride
i dont see how robinhood can say no now
just going to keep buying no matter what price is 🚀
buy more. in a year youll thank me
.01 can absolutely happen if demand keeps rising and supply keeps diminishing.
let’s get like 0.20 so a lot of us get rich off this
i think the most important thing, is for us to spread the word about shib, and then make sure that they spread the word about shib. we gotta get this out there.
couldn’t imagine selling for a quick buck rn
the hype is too big to sell right now. this is much more popular then doge in my opinion.
some of y’all are such haters😅 are we here to become millionaires, or are we here to bitch¿
once shib gets robinhood, i’m liquidating my %
you guys arguing has me out like a light. peace ✌️
i’m calling all platforms asking why they halted trading
if you think .05 is not possible your insane rn
if .01 is possible - what timeframe we looking at? getting married in about a year or less lol. would be a good boost.
.01 would not be in 5 years yall are crazy for believing that bs 😴 .01 is around the fucking corner
can anyone that knows about free cash and market please make an honest assessment about the ceiling here?
my friend told me in february to fuckin buy. he has 1t shib 😭
i'm so proud of us
no one wants to be the guy or gal looking back wishing they would of held and missed out of millions
im fuckin erect rn
just bought . this time next week i'll be so glad i did.
i will wait till the hype is over and then transfer 10m of my 43.6 mil to get my lambo and new home. i will hodl the rest for a 16 dollar per coin or more.
if your not buying you should be burning 🔥. shib burner on spotify
out here doing uber eats to get some more shiba. just bought 500,000 more from orders i did tonight. im hungry for more!!!
you know the difference between the other crypto subs and the shibarmy? theyre all so negative, saying we cant reach this price or that. but the shibarmy has always been positive and supportive and community-oriented. other people cant believe we’re actually doing this
lets burn a 0 tnt
the dips are getting less dippy
there is actually 825k holder of shib
if it gets to a penny... holyyyy shit
i laughed at my friend for buying
the big question is which coin is the next shiba? any good reccomendations?
as soon as i get paid this friday, im buying more $
i’m holding about 9 million i had 32 but sold some a few days ago smh had to pay bills now i’m mad for it but i had to take care of my business
do not go into debt for an investment. if the gamble goes in your favor its awesome but crypto is volatile and while i believe in the coin. i am not responsible for your debt so only make these choices based on what you're able to handle
the lows keep getting higher
let’s get it to .0001 by the weekend!!!!
about to take over doge in market cap
the best is the op who said "i'm banging an ihop waitress named stephanie who i got to buy shib with her tips"
unlike stocks a community can hold and help drive the price up. people underestimate the power people have to achieve stuff as one
im holding my shib.
i just gotta say i wish i had more money to make more money ya feel
let’s eat that 0 tonight
theres a buyer last year that made his .7b krazy
everyone empty your bank accounts it’s doing nothing in savings anyways
if shib hits half a penny i’m airing out a mcdonald’s
if shib hits a penny i’ll buy everyone in this chat those nice ninja airfryers
i’m holding just over 1b
chances i fuck megan fox tonight low
does anyone remember what the total circulating supply was yesterday? it is at 589.7 trillion now and i swear we've burnt a couple trillion, did not we?
just bought 29mill more
put in , it’s now (broke college student making gains)
pretty sure everyone in the world who has shib is up hyperventilating atm
do i buy more now or wait for a dip
holding 18million, .001 would be nice
holding 800mil here ✊
can’t stop looking at my wallet for every 5mins
, market cap size we could get to 0.01 realistically. but who knows, could easily blow past that
how did the circulating supply go from 395 trillion to. 590 trillion ?
shiba .05 is the new shiba .01 history is being made one small step for man one hell of a leap for mankind
my wife gave me shit 6 months a go for putting "shit coin"... todays she is talking about the new car she wanna get
i bought in a week ago and now i can pay my student loans off or get a house w
i have 369 million shibs
the 590t circulation is incorrect. this was confirmed by shytoshi on twitter just now
i got 15m , i'm hoping to hit 20mil by end of week
so no one knows why there is 590 coins in circo
i don’t see this thing backing down, correction is healthy. then maybe sideways and back clicking the top 10 ladder
im buying another 5
everyone crack open a cold beer with me and play some music cheers
nah i think 0.001 would be a good time
who's buying the juicy dip 😌
thats my secret, i have always been poor
just bought the dip at 7900, heck yeah cheap shibs!
i cannot help it, i'm glued to the 1 minute chart
whales sold to scare us if we sell they win trust me just hold buy this dip and sleep wake up next day with more $
it is gon hit 0.25 and i'm gon buy my momma her free travel to anywhere she likes
where did all the naysayers come from today jesus
take a shit on elon when shib hits .01
everyone looks at elon like god. they need to quit it
got in last may,dang it took a long time to come back🥳
who's all in on shib?
i think there are quite a few future millionaires conversing right now… hodlllll
no fucking worries 350
i bought .67! a bargain when it loses a zero tomorrow
tis the curse of 24
hello, just started looking into shib, i currently hold much doge and eth in robinhood but they don’t sell shib. where’s the best place to buy??
good thing i bought the dip it’s going up again lol
dont buy the dip yet, it is not done
bought 25 million more just now lfg 🚀🚀🐶🚀
i can’t wait until everyone sells and 3 months from now we 10x our money and when they say “i wish i never sold 🤪” we shit on their face
paperhands getting cleaned out, ahahahah hodl tight,
hodl for the night, come am this thing is gonna fly again
i want 100mil shib
buy buy buy guys green dildo incoming
we stay at this growth rate in 8 days we will hit 1 cent
guys, if you have been in the space a while , you will learn to not panic for corrections like these.
bought for 60k euros on 54 this dip😃
34 million buy in the dip!
shiba literally making up for all my shitcoin losses
i just cashed my unemployment check and bought shib
i don’t see how you could miss out on doge then shib. i’d be sick.
£12.50 next dip if i get 300 upvotes...
this chat box is dying!!!!!!!!!!!!!!!!!!!!! hold the line. we're not fucking done!
why do people want this coin to fail anyway? spite for not having any?
honestly, i feel like i'm a part of something. my latest adhd fixation. i'm making money. i'm learning. i got my siblings in on it so we have a new thing to thiscuss.
west michigan buying and holding...boom boom...nom nom nom
there’s some more major burn methods supposedly in the works as well as more nft’s and a video game coming soon. in addition to robinhood listing soon we have everything in the world going for us to hit 0.001 in a couple months at most
is not 0.01 = 1 cent
as soon as shiba is listed on robin hood, look for huge gains
feels like we are doge on steroids
btc was stupid at one point
the only stupid one is the one who doesn’t invest lmao
shiba .05 is the new shiba .01
this isnt a short term game. sorry guys. i mean, 3-5 months is quicker than working for the money 3-5 months, but dont expect 3-5 days or even 3-5 weeks. go about your lives.
just everyone stop expecting to ca. jeeebus... 😂
this is exactly what every single crypto that ever took off has done
what i love is the community and the shib army, i’m dogecoin holder and became a shib holder too, i love the dev team and the vision, i start to feel that shib is a real community but doge is only driven by one person and you guys know who !!!!
its finding resistance around 70. pup had a great run! it needs to catch its breath and take a break before it takes off again. for those of you who have been on the side lines waiting for a price drop to buy, this is as good of a deal as you'll get.
who in their right mind looks at 0.000072 and thinks this is the best time to sell??
yeah got a good one here as well , do not get scared guys the is a consolidation of the price it cannot always go up .
im up 6 k and ill lose every last god damn dime before i sell
i’m joking. that guy is retarded. it’s not over it’s the beginning
i bought at 8700, am not gonna sell fucking sell never
i just hope we can make enough so my mom can retire, all my earnings are going to her. they found a lump in her breast last week 😞 come on shib 🚀 🌙
should i sell my doge for shiba?
if it hits a penny by the monday i will drop out of college and video it and post on it on the sub
can we eat 3 more 0?? i know greed is bad but... arent the government and corrupt hedgefund are too greedy too?? remember 2008?? we bailed them out!! using our money ... ill hodl till
anyone thinking of adopting a shiba when it hit 1c?
i think we broke crypto
we need to keep hodling accumulating. this thing is just starting. 💎🤲😂🌝
why is coinbase reporting a lower price?
buy not going through on crypto app. this happened during the last peak and i ended up getting charged 3 times so be careful lol.
we’re retiring in no time
i stopped working and now just sitting here staring at the ticker
we are crushing it, shibarmy!!!!!!
will we eat another zero today?
don’t sell guys it’s going to half a cent easy
don’t be a paper hand bitch let’s get to .01 and beyond !!🚀
we will reach .01!
indeed keep buying. keep the trend going for everyone and yourself!
all these sites crashing, because fools are selling
coinbase is down but did you guys see that 8080?
once things are back up we are going to break 9
let us show that elon musk the power of shibarmy
buyin is back on coinbase
you guys think it is a good idea to buy right now or wait to see if it ever dips? got my paycheck today
i feel like we’re gonna see a mass migration from doge to shib and i think rh is gonna dump doge
reminder: those who promote coinbase, crypto.com, or voyager being down will be removed from the chat. binance is still up.
coinbase is not allowing any trading. not just shib. it is down for service. people need to chill
we do not make money overnight. we do not get rich overnight. it is a patience test and one who withstands it all wins. stocks and cryptos all work in a similar fashion. ups and downs. but gradually up. only thing is keep shib relevant.
we crashed crypto app
no the robinhood thing was something totally different
crashed the coin apps lmao
shiba too the moooooooon
that was an amazing pump!
yup everything conveniently crashes
yeah i say let’s keep holding everyone and eat them up... we can show the world the power of community and unity.
if shiba even hits 0009 im good
should i buy shib?
this is just another pullback to slingshot to new highs
imagine people who panic sold any day in the past week.
we’ve just reached cruising altitude get ready for warp speed
hi guys is 1 million coins good enough?
guys if you wanna sell let me know first so i can buy your dip 😉
crypto.com locked out everyone
mastercard blocked on crypto.com - i called my bank and they said it’s for my protection
and e*toro are not down. i will transfer there
could we see a huge pump if coinbase and crypto.com are back up?
two zeroes within 30 days
if we shave another 0 ill shave my pet dog
hold!!! or you support terrorism.
i’m a thousander lol
play the long game, folks... i think we all know it is going to lose another zero eventually ...and probably much sooner than we think... it is like a tide of inevitability. the fomo is strong.
i sold 100 million shib during the dip a few weeks ago for under . dumbest shit ever, don’t ever panic sell people!
stop selling so i could pay off college funds
all i want for christmas is shib
0.0001 by tonight !!!!
shib glitching because heavy af volume trading
i am a shibillioner
"is crypto.com down" i'm glad none of us retards can read.
everyone listen. we are going to at least double from here. hold on tight. we are the coin inbound.
i'm so happy! i sold 100 to make back my investment so now i'm just gonna sit on the rest and let is rise! :d
[crypto.com]( being renamed to [necro.com]( soon
i got a fever... and the only cure is... more shib. hold
i cant buy more cuz apps are down lmao
payday tomorrow for me i'll think about it
look at all these future millionaires in chat 😎
these fucking whales are gonna sell sooner or later but we shall hold the god damn line y'hear?
i bought 300 million a month ago. going to hold long term and watch it go up as crypto gets bigger and bigger.
aussies and asians are waking up!!! 💚💚 🚀🚀
only sell at .00
this is week one of a long road to .01. put down your phones take a breath and figure out if you’re a lamborghini man or a ferrari man.
just bought 6 mil shib extra got 16 mil now
the problem is gonna be to get ppl not to sell off at .001
imma buy more dogs with my shiba
i remember when btc was .08 and i had 2650 bt and i deleted them all... yeah... so... gg
buying and holding…. hodl shib is the way until $.5 shibarmy is real i will not sell until this community doesn’t exist. i’ll be buying dips up to
quick gotta sell my friends belongings for more shib
i actually don’t think it will crash...not lower than somewhere in this range. what we’re seeing now is automated sell orders at that 8 imho
buy the dip and hold till she eats some more zeros lads
diamond hands since a week ago
bro if it comes on robin hood we all will be chilling so much
if it goes on robin hood i could see it doubling from what it is right now quickly
200,000,000 and hodl ing.
if this hits 0.01 i'm putting a turbo in my dodge grand caravan. wait for it on youtube
if it goes to a penny, it’ll go to a dime.
patience is key fellas, it will go down before it goes up just keep holding
i think a realistic number for now is 0009 or 001
0.0000000000000000000000000001 was once the price
hodling 100 mil here. i am hoping for a penny but we all really want a dollar!
in sonce .000006, not the first wave of excitement i've held through. still have a long way before we reach .01 so im holding patiently.
over night our asian market warriors are going to finish the next 0
anybody else been telling everyone about shib? my parents hate me at this point. i’ve signed up everyone i know closely 😂😅
let’s agree to buy more doggos with our virtual doggos. deal???
told my parents, they think i’m crazy. definitely helping them pay the debt off though
just need elon to lock away 350 trillion coins for us
who cares what someone says to you on reddit lmao? yall just soread the word!
coin market cap passed doge!
guys please read this! shib was trending on twitter today! robinhood was . you know why? because everyone is telling them to put it on there!!! and once they do, yall know what happens shib army!
y’all that are arguing are really killin the vibe lmao
ima say robinhood will put it on its platform within the next 2 weeks
any reason coinbase went full retard earlier?
anyone here uses crypto.com ?
look, if shib hits .01 i become a millionaire 17 times over. yay.
when people say it will hit a dollar i’m just confused about how blinded people are by hope
stop spamming that crap
i see so many new people that think are gonna get rich overnight. guys this shit its long term ure paper handing and gonna fuck us all
if shiba hit a dime i'd be the wealthiest person i'd ever met.
the only thing i’m panicking about is the fact that i need to buy more shib
.01 is any moment just ride the wave
how much is 1t shib
go asia. take us higher
if elon comes out and says he bought shib and it hits the moon i’ll buy a tesla! just saying
a little over 300m hodlr. risking it for all the biscuit! .005 lets go!
i bought 8 mil back when it was 0.000006, should i just hold?
now is the time to buy.
increased my position from 60million to 100million
just bought another 4 million
not to be negative guys but a correction is healthy for long term growth
just purchased another 4million - total portfolio - 104.4million
im planning to hodl for 5-10 yrs. who’s with me??
invested . now sitting at
i would love to see 10-30 cents in 5 years... they will keep burning coins
burning makes the supply less, which increases the value over time
i’m going to sleep with a ton of money on the line. i’m nervous to wake up
they get sent to my wallet for burning
all other coins are following bitcoins chart except for shib army
i honestly think that we're on the verge of going parabolic
fucking a!! if it reaches 70 cent idk what i would do
help me oprah winfrey
i got 64.2 million in march for , already ate 2 zeros for me! let’s go for 2 more!!!
they need to burn 430 trillion shiba coins
east asia gonna kill that 0 for us
you guys might as well consider my wallet burned because i'm never selling
crypto is the future if they can burn a decent amount of coins there’s no stopping this
i the is the first time i’m seeing it eat this particular zero. let’s gooooooo.
i do not put in what i cannot afford to lose. what i put in and so far all the money i put in is money i did not spend on stupid shit.
we surpassed doge's marketcap!
thanks to everyone who gave awards. i made this to try to weed out all of the people freaking out about platforms halting trading and everyone seems to be zen about it
i am the , and i am not spending my , 2% fat soy lactaid milk and cream cheese, in a venti cup, no ice, no water, add stevia monk fruit, add honey, extra caramel drizzle, extra coconut flakes, extra greek yogurt, matcha green tea powder, with room temperature foam, 34 degrees slightly frozen thawed banana and strawberries, 2 scoops of protein powder, add frap chocolate chips and coconut milk
the party is literally just getting started
.05 is the absolute fuckin moon imo
we need it to hit .05
do not need a market cap ! burn baby, burn !
just like doge, i should have invested more.
hope its not too high tomorrow webull funds settling
i invested . now it’s worth . this is crazy! should have bought more
why is everyone surprised by how fast this is moving? i have been holding for months knowing that this was coming. i am only surprised by how many people are jumping out of the rocket right before the thrusters are engaged.
if you put in 'd be a millionaire.
people jumping out right now are certainly brain dead
sold my ada at a loss 2 buy more shib already made back money
what a chill sub
so would you say it’s still very much worth investing in shib?
i've been holding 50m since may. proud of you shibsters
i can buy my house now, but i'm not going to. i'm still hodling.
i honestly do not think i will sell my precious shib evenif it goes higher than .01
imagine buying doge when you can have the dirty mix tape shibu
there is about . a market cap of half of that is possible. with about 500tril in circulation with a possible burn to 400tril, the price can reach .05 per coin. this is the most optimistic you can be.
penny by the end of the year! let's do this!
pretty soon be a$
grandma doesn’t come out the cage until one 0 is gone
if we don’t hit 1’ll buy more
were eating a zero in 4 hours: prediction
to the chat, words that will ban you from the chat: whale, doge, fall, dip, lose, ath. thank you.
asia puttin in some goddamn work
10 cents by christmas!
holding, but already started car shopping online 😂 don’t fail me now!!
i'm off to bed ♥️♥️ do not y'all sell on me
,000 dropped just now holding 150 million going to be eating pecans for the next few weeks
shib was my first ever crypto i bought months ago, so happy i held onto it and i'm gonna keep it🚀
someone slap me for selling a good chunk of me shibs earlier this year
please eat a 0, pup.
0’s are just dog treats 🚀🚀🚀
i’m up 1k on 20 bucks and the free crypto the give you on cb
although most coins are down shib keeps the portfolio alive!
im holding 9.1 million
god i love math. he is right. it’s the exponential growth formula
i hope my 19m is enough
i think people are drastically underestimating what is and is not realistic when thiscussing a value based almost entirely on frenzied hype.
doge did me good. bought me a vacation to iceland, a wedding and gave me some leftovers to buy shib with!
can shib go up to 10 cents atleast
guys i want to buy moreeee but dont want to average up lol
ppl ate that 000073 fast as fuck
crypto.com is doing a contest which rewards people for buying by giving them a chance to win lots of shib
let us make some money first so that we can buy a houze
shib is more than a crypto it helps strengthen mental health and depression. gives us a dream. i love this community
asia will take us up to the next level
are we getting rid of a zero tonight??
about to shoot back up, watch!
honestly whales sell dip happens they buy the dip and repeat
and chat lounge for those who are not in panic
aint noone fucking selling here! hold u fucks always
i'm holding since may
people are just taking profit
we are doing very good still lots of fomo
warning: anyone who promotes cryptos other than shib will be reported and removed
if it goes to 1 cent i'll be able to get through college and still have some money left
nah small roller, only hold 30 mil
how old are you guys? i'm 14 and i love my 1.3m shib i bought few months ago :dd
can’t sleep, let’s eat a 0! i just dropped
i got some today. only got 3 million
fuck it, i bought 3.3 more shib at 68
id expect .0005 at min
about to throw in another !!
i feel like i’m storm watchinf
looking 30 day chart and this dip is barely visible lol
everybody who sell is going to regret it
dont sell now. if your afraid, go play a game or go to sleep and come back tomorrow. let what needs to happen, happen.
just stop looking at the phone every minute. you will be a millionaire in a year, just hold it. forget the dip it’s temporary 💎🙌🏻
bought 10mil more my guys
panic sell? more like panic buy!
this is a coordinated sell off by speculators team, just hold and we will be fine
just bought another 1k
putting 1800 when i see 5's again
the rise is here boys hopefully this is the last dip before 0.0001
let the bull run begin my guys, lets do another 3000%
whales are about to rebuy any minute
shibby is climbing again boys
im uk - 7.30 am here, i was awake at 3am and i was 500 up, now only 400... ah well can i get a hoooodddllll
my cock is hard
remember what batman taught us - to rise we must fall
it was a minor setback guys
shoulda bought the dip 🤦‍♂️
rip to panic sellers
just bought 10mil 🚀
if you bought the dip, pat yourself on the back. if you panic sold, then we will process your funeral after out lambo purchases
i took all of my btc and dumped into the dip lol
lol they spiked doge just to make a quick buck and put it all back into shib
guys doge is dead let it rip stop talking about it here
i'm just trying to pay for medical bills 😅
last time coinbase broke shiba mooned we are gonna moon again boys!
sleep well boys this thing is gonna fly in the am
i’m 235mil on shib as of two weeks ago. let’s f’in go y’all!
it was tough to hodl but i’m not going anywhere
the best dog fight i've ever seen
if yall keep having issues and are not banned from using binance then use binance, it does not go down ever
i just want my bills paid and my wife's student loans paid
hey europe, can we get a ?
think we can wake up to another 30%+?
officially only can afford cabbage soup for dinner now. all money is in shib
goodnight guys remember to hodl
just a little dip like my cucumber touching toilet water
night y’all imma just chill on my bag. trust the process
if everyone freaks out and sells it will crash
i’m about to become a millionaire. so i’m fucking holding
do you mean 0.000027
building a strong floor is better than creating more paper hands
never invest your life savings
the strong shall survive and weather the storm ( a bit dramatic )
alot more for shib happening in the next few months
young investors and new investors
it is also a good community
buyer - seller trades difference 1 minute 61.3b shib 10 minutes 330.92b shib 30 minutes 569.2b shib 1 hour 578.41b shib
yoooo letsss fucking goooo
i got literally 2 hours sleep... 5 hours night before
hold the line we got 25k new holders alone yesterday
holding 600mil bought 2months ago ! i am just chilling , parents are super proud !
bought another 5 milli tho
i’ve been holding since may and it crashed hard and all my friends paperhanded now their all mad now.
just bought 500k more, sitting at 3 million. ain’t much but it’s honest work
80 is a great number 😀
amazing when you zoom out to see how far we have come in less than a month
we definitely would have dropped a zero if coinbase didn’t fuck off yesterday
stfu ill slap u both
i've started a petition to allow beatstars platform to accept cryptocurrency () for every beat purchased. will yall help a fellow shibian by signing? 🤝🏼
a lot of people are dumb and will sell before it hits a penny, then we'll take care of it, and cash out at even higher than a penny aye
stubborn holding until it reaches a shiny penny.
if you panic after already huge gains where else could you put money right now with a chance at 70% return in a couple days. heck people are happy with 3%-4% in a year perspective.
started buying at .00004 this is me not sweating the dip 🧘🏼‍♂️
it’s like having a hyper warp drive and using the sun’s gravity for a slingshot into time traveling these stagnant step dips are extremely healthy
we're fine, in fact what happened yesterday shows us exactly what to expect for this coin. i went to bed the day before yesterday with the price being 4.7x10^-5, and then waking up to it being 5.5x10^-5.
still holding lets push shiba...just buy
let it eat all the zeros!
bought the dip! 85 m coins strong!
holding 40 million with an order for another 11 in if it drops to 5000
bought almost 21m shib, now holding 43 something million
are crypto communities normally this bizarre? barring the ape and hodl and other lingo
why y’all even on here arguing lol
man. this chat was all hugs and friendship last night.
where's the love at
whatever tho man, good luck to you, hope your long profit pays off, have a nice day
& no one was promoting doge, just because my meme of a username has it there in no way shape or form promotes it lol, look at my chat logs not a single word about doge besides replying to you being ignorant trying to say i am
that includes you, twist
anyways! shib to the 🌙! right guys?
y’all keep saying corruption and manipulation. it’s none of that. people with big money saw an opportunity, got in, made a couple million, and got out. they’re day. then when the price drops a little tiny bit, the rest of y’all panic and sell because you keep second guessing yourself. if you chill and hold the fucking line, we consolidate to create a new floor, and then move towards newer all time highs. big whales were dipping out and i saw very little damage. it was the paper hands that drove it down more. now let’s hold and move up again. thanks 😆
are hodling the line ✊🏼💎
people we gained tons and tons yesterday. this is normal pull back
i’m not panicked. but i am prepared for a longer consolidation period than most seem to expect. that was a huge run. and many are going to take profits. it is what it is. look back at the may spike. huge gains equal a huge dip find a floor. accumulate for a time. slowly tick up from there and then randomly skyrocket again
buy the dips lads
i just bought another
oh look, it's on sale!!!!
i am gonna go buy more. brb
can’t wait for escorts that except shib
dont fucking click links
be greedy when others are scared.
zoom out, we're doing just fine.
to know why you are locked out? this is why: brokerages need the money to pay you if you sell. they do not have that money. webull and e*trade do because they also hold stocks having more strict liquidity requirements.
those saying sell now, go back to where you came from, we can smell you’re not one of us from a mile away
people really think we are gonna break all the way to 0.01 ???
how many of us are under 30 years old i’m trying to see something
shiba to 10 cents
still holding 150 million
i think a zero is going away today
taking out a personal loan of 100 k and putting it on crypto
hodl and buy people. it’s starting to drop
just chucked 20k boys
not panicked, just addicted to refreshing the chart every 5 seconds
is this a safe space?
coinbase isn’t down for me. it’s at 80 right now
it worries me that we were on a war path and coinbase conveniently went down. we would have dropped another 0 by end of day.
we will drop another 0 by end of day** sent messages of positivity
this is nothing!! we can exceed 100billion mc easily!!
my coinbase is working for me.
buy more guys let’s keep it pumping
how is this legal. they took the ability to buy or sell an asset we bought and paid for on their platform and now we can’t buy or sell. this is criminal
am i the only one who saw .00009
why do the crypto sites crash when prices rise?
buy shib today miracle tomorrow
they about to run out of shib 🤣👀
drop? there am not no stinking drop!
i am trying to buy another …. damn coinbase is screwing it up!!!!!!! u/&$)!
there going to have to buy more shib so we can buy more shib
huge thiscount with the news about to come out!!!
i told my friends yesterday to invest- they didn’t 😬😬😬
smoking weed and watching charts, damn i am horny
i’m what did i just wake up to?????
watching doge get flipped, gold
just bought another grand worth. not worried over here at all.
3k in no regrets
what we buying when all the 0s are eaten?
because you guys logging on for no reason just to check how much money you earned
we still have to reach to the moon. let's reach . then we can rejoice.
nothing is working because we crashed it i do not think every app and platform just randomly got fucked it would let me buy on etoro but that probably crashed too
just hold the line and buying the fucking dip
selling is running out of steam at .000070 support it looks like.
crypto. com goes down at a shifty time
panic selling mother fuckers!!!
what's going on with coinbase?
haha. coinbase needs to upgrade their severs they weren’t ready for shib haha
reminder: those who promote coinbase, crypto.com, or voyager being down will be removed from the chat. this is strictly a chill chat.
hold until life changing money
reminder: those who promote coinbase, crypto.com, or voyager being down will be removed from the chat. this is strictly a chill chat. etoro is still up, that is where i will be transferring to.
it’s like what robinhood did w gamestop
why would anyone sell at 1? why y’all freaking out
elon said .20 🔥🔥🔥🔥🔥
we crashed the coins app
damn site down again...they just would not let me be great
this is so fucking exciting!
roll one up and enjoy the ride
easy boys, it is all good 💎🙏🏽
only holding 35mil but holding until 2025
we are getting boganoffed
i have 40m and planning to hold and buy more for for the next few years
panic? i feel like the guy from the last airbender that gets so excited he has a seizure and faints.
we in the 70s again?!
crypto.com on my laptop browser works but not my phone app what the fuck is this sorcery
jesus do i need to delete coinbase and move my shit?
we gonna eat another 0 ez!!!!!
heck i'd be a millionaire if it hits .01
hold until your a millionaire!!!
they need fix this bullshit
dont panic during takeoff
stop thinking small and saying “i will sell at $.01 or ” … hodl and sell at
people on here that are saying don’t panic... see how you would feel if you were locked out of your accounts during this shit 😂😅
im about to buy
i'm certain well break .0001 like before the end of this week
does this mean shib could be increasing in value very quickly??
why is crypto.com down?
definitely not in a panic but it is always worrisome when crypto.com goes down 😅
this outage is gonna cause a huge pump almost like a short squeeze but a crypto squeeeze
i was jerking off furiously, as if it was the very first time, when it hit 8000
just trying to buy so hard. the fomo is real
is why you are locked up or out: brokerages require a specific kind of liquidity in order to operate so if someone sells they can pay. however, when they can not they must lock it all down and request for more money to be able to meet operating expenses. if you are locked out, this is it, next time it hits this price you’ll be locked out again. that is your brokerage’s cap. webull and e*trade are good because they are stock brokerages who hold larger amounts of money (unlike robinhood with gamestop in january) i hope this helps.
i regret only pumping
if shiba goes up to .1 i can finally get a new kidney!! nothing wrong with the one i have, it would just be cool to have 2 kidneys.
crypto.com crashed would not open for me
just bought another mil
i’d like to buy a 9, pat
i just want to buy!!
crypto.com is currently down according to the site it’s known and they are working on it for anyone who was asking
coinbase is down. i get the 'if you're holding why does it matter' ideal but i've been growing my shib by buying and selling dips.
i'm definitely going to buy a shiba inu literally after i get rich
everyone with stars in their eyes for .01 i commend you, but let’s remember that even getting to .001 will be fucking massive for everyone here. still at 4 0000s!
is anyone a millionare yet? say aye if you are
wild that coinbase can claim our funds are safe during an outage when they are fucking with the whole market lol
i am not selling, i will sell when it gets to (which is never) :d
crypto still down yeah
the big boys tell us to not do what they are doing. it's basic carnivore capitalism tactics
imma put 1k on when i get back in to coinbase
i'm tempted to sell my cardano for shib. i have 300 cardano
come on army lets act like one
i'm in for the next 4 5 years with shib.
could you image if everyone bought only bought ? with this much enthusiasm? f*ck yes!
shiba army broke coinbase
yep asia going to smash it
china is good at burning dogs irl, so they are on our side
guys, do not forget about your "learn about crypto awards" on coinbase. it's free money and you can convert it over to shib right away.
coinbase is so fucked right now
it seems that somebody doesn’t want shib going above .00008 they’re swatting it back down hard
a few months ago i put in . one day i looked and it was . i've been yoloing all my money into it ever since, up almost 50% just today
we need to buy it out and take control of the supply
step 1. learn and earn with coinbase. step 2. convert it all to shib. step 3. see it go 1000% in a couple of weeks, lmao
51b volume for shiba
it would be nice if coinbase and crypto. com we’re working 🤦‍♂️
just sold half my ada for shib so i could add more in. lets go!!
need this to go big so i can stop picking up dogeshit for a living.
5 figs since last week
160,000,000 and will not sell for pennies lol
put all my crypto on shib lfg!
once cb is back up this is gonna rocket again
how long till .01 💰🤞
if it goes to 0.01 i love you guys
love you guys! till moon hodl as long as you can!
is crypto.com down for anyone else? i wonder if it is because we ate a 0 so quickly
if it goes to 1.15 i’ll suck everyone’s titties and dicks in chat
crypto app is down? says i have 0 in my account!
chevy novas getting a spoiler 🤣🤣
honest opinion anyone, are we losing a zero and moon or no?
if anyone wants to buy my car for
i just looked an he didnt tweet it
and i need you more tonight
nice to see some chill hodlers… long term means years… let’s get this money
i’m holding through this dip even though it’s costing me 3k, diamond hands lads and ladies💎 🙌
what if you put 20 dollars on every new coin out ones gotta make you rich no ?
i want people to make money, but there are so many newbs that jump in at crazy valuations and get burned so bad
made more money in a month than i have in the 4 years i’ve been in crypto.
i would really be tempted to sell at .005, however the power of hodling is unmatched
ayo somebody help me out here, ive seen the term "hodl" and "hodling" around a lot, is that just an intentional misspelling of holding? or does it actually mean something?
consolidation after the coinbase mess is gonna take some time. everyone's blood pressure went up.
don’t regret anything guys. how the fuck could we know whales were going to buy billions of this coin in particular? right at a certain time?
guys you do not need to sell. shib is currency
33 mill but i’m happy haha
havent bought since but im up 18k right now
any more news on robinhood?
52m ran me 500 on when it started on coinbase. its gone banannas!
robinhoods gonna be crawling at shibarmy’s doorstep. begging for listing since their stocks dropped.
damn... over ... holy shit...
it is not always about the mets... it is about shib baby let us go shib cmon hit a .01 love the shib
people gotta hold! this has only begun!
this is my philosophy everything is a buy until this reaches 1 cent
only people selling right now are whale algorithms... they can control a dip... so they will buy back at the bottom of the dip and pump to get fomo going and rinse aand repeat... doge did this on the way up from .0004
only thing i hate about robinhood, is all the paper hands that come w robinhood. that community has so many paper hands 😂
just dcad team!! let’s not lose buying power, keep the momentum going!! this is the uk signing out and need the army to hold the line.
i put an order through on coinbase right around when the crash happened this afternoon. the money is showing as "on orders" but i cannot see the order anywhere. has anyone else had that issue?
news flash. people usually are not nice and will try to scam you for your shit. dont hope for free shit and do it yourself
yeah the real fomo has not started yet.
so we hodl till .02 now based off of today right? .01 is no longer a pipe dream
i'm hodling and you can too
did shibarmy break the internet? everything is slow
crypto.com and coinbase are broken! so a lot of people could not sell even if the wanted to. lol. i'm hodl ing anyway. just love seeing that big profit $$$$
when shit crashes people panic etc
buyer - seller trades difference 1 minute 39.65b shib 10 minutes \-6.03b shib 30 minutes 457.39b shib
sellers will regret it 😂
i hope this fuckery makes the news so we get more eyes
add three more zeroes there actually
why are y’all arguing? we need to be getting the word out. post it on your social media, tell everyone.
we needs a rocket ship to go to the moon?!?!?! baby were taking the fuck offfffff
once this baby is on robinhood all the haters can respectfully eat my entire ass.
we just beat dogecoin market cap
300k shibs in here. we all buy at 7pm central we drop another zero yall
everyone lets tweet to robinhood to put our dear coin!
overall 41.28% of the float has been burned
i do believe 0.001 is possible
burns means they put the coins into a wallet no one can access thereby permanently reducing the supply.
it will take a long time but if coins are continuously burned with each transaction then we will eventually get it down to where people make a lot of money if they buy in now. it is a waiting game.
u’ve said this about 7 times already
you'll regret selling it if you sell now
all these bots gross
come from amc to join shib
that being said after asia takes a hard look at what we've been upto chances are they are going to gobble up shib in astonishing numbers.
right now i’m converting my eth mining rewards to shib and just along for the ride
22m and i need more so when it hits 1¢ i can buy a real shiba and name her penny
that would be cool if this happens every month and every month we eat a zero. and then a decimal point.
it would be cool to retire by 28 hopefully shib be 2¢ in 6 years
went from 0 in shib to
i do not know who needs to hear it but .05 before 2023 that is all ima say. just go take a look at dodge
jk i’m 21 with 6 million. debating whether to drop more in now or tomorrow
hodl, no paper hands. rumors are strong on a robinhood listing = big gains
there’s no losing throw your life savings in dawg 😎😎 jk lmaoo
doge went up 25k% shib has not done that yet but when it will! exchanges will crash again 🤣
i owe like 40k on my student loan, how will i ever pay that off! shib will save me!
rh is starting to regret not listing shib
anyone with money in doge needs to dump it into shib
place guys!!!! we almost top . just keep holding!!!! i'm selling my 2 ethereums right now to buy all shiba. should put me around 150 million shib's
shiba not supported on coinbase🤔
shiba just knocked doge out the 10 spot !
keep buying and holding!!! just do not spend what you have to use in life for the next 2 weeks!!!
what ever you can afford to lose
you lose nothing till you sell
what do you say boys? eat another zero by thanksgiving?
yes i love the dip time to spend all my money 😈😈
fuck it i’ll put £100 more in
i buy shiba and forget about the bills i have to pay 😎😎😎
everyone calm down and come jerk off with me
if your not buying you should be burning shib burner on spotify
when coins get burned does that drive up the price ?
hodl till 10 cents!!!!
sell a quarter and keep the rest on to be safe and wait for new buyers
it's definitely possible, just believe.
key advice when you finally do sell do not sell all of your coins. leave in 25% to keep some flying high
lol yeah settle down brownpain its literally sitting on 80 staring at us catching its breath
i hope they burn 430 trillion
if you think it won’t eat another zero , then don’t think , cause it will
it makes the price go up by burning coins that means they’re destroying the coins and can never be used
: reducing supply and increasing demand bringing the price up
who’s a hungry whale here?
realistically, how high do you see the market cap going?
lil dip🤨just buy moree
where the inaccessible wallets at????
if eveey owner burned 50k, it would be 4.5 trillion
395 trillion dollar market cap is not a joke. got it
if we keep this pace up we could definitely go buy 1 cent
realistically, we got about 3x room left. play this smart boys
hodl the line soldiers
the only reason i want shib on robinhood is because they have a cool way to thisplay your investment.
my doge bag now a shib bag. yolo
elon should just buy the remaining shibs and burn it all for the lolz
besides the amount of tokens out there the coin is pretty good not sure about the fees of transactions but if we keep this up we might hit a penny!
i'm up to like . can't wait to be a millionaire when this thing hits . 😎
takes awhile for people to run out of money and now theres alot of new people buying
i'll gladly get a shiba tat if i'm a millionaire 😂
if i make a million i would love give a 10k drawing 4 lowest inv9estors that still matter. if we make a pool and us whales get rich can change a life...
would love to see 100 trillion burned over the next few months 😁🤞🏽
im invested in safemoon too
i bought up .00000153 and havent got rid of a pennies worth. in reality ive been panic buying since
i’m up 1400 boys !!! in less then 24hours !
do not day trade with this, i tried that and lost 2mill shib, luckily i bought back in and cut my losses
gotta thank our asian friends for hodling like chiefs!
i told my waitress and buffalo wild wings and two days later she was serving me free shots and beers lol
lfg!! we need to shave a zero by morning!! buy the shut out of shiba 🥳🥳
let’s wake up in the morning at .00012
4 zeros i bough yesterday i’m smart
already sold enough to get my original money out if it, holding the rest and it is gravy whatever it ends up at
we need a you tube white noise for sleeping that burns coins
i’m not getting burned on another shiba spin-off.
ready for a floor rise the repetitive burner is back at burning 3,701,604 shib at a time
i’m not too educated on this i just throw my money on shit and hope it grows
hodl to at least .05
this is awesome to see everyone here on one things i’m not even apart of the community it just recommended this for me
we need another gamestop and hopefully this is it
started with 400mil in feb then had 855 in may now over 1billy
shit the more i shit post the more the price goes up i know the game plan
can’t hit .01 until massive burn
forreal people act like black friday, cyber monday, and christmas aren’t the biggest spending holiday of every class
buy before robinhood. might empty my bank ccoubt
people keep saying look at market cap but uhhhhh...look around
i hope we burn a couple more 0s
i think elon shitting on it was on purpose always an unseen motive like he did with the tesla stock not to long ago
from 1400 to 2800 in a day? let us go shib army!
if it hits a dollar i'll be a billionaire
i’m def holding for years fuck it-
once this hits mainstream media, it will jump about 10k% then you pull out. cuz it would not go higher
my mistake. someone bought (not ) last year on shib and now its on .7b.
robinhood takes shiba it’s a jupiter shot 🚀☄️☄️☄️☄️
i think elon is jealous
i look at shiba in cad so i've already ate another 0 lol
about to go back to work. hold the line brothers
so people are sick of elon and they’re buying shiba just to prove him wrong, shiba is for the poor people who got sick of the big wales controlling the market
is it smart to buy a lot more at this point, or do you guys think they’ll be a dip?
zero dies tonight 🪐🪐🪐🪐🪐
good god, 1 billion??
can i buy a lambo?
if it hits half a penny that is 2 trillion market cap, which is doable
as more and more people join shib, they will start with less and less shib. we will start to see things like "holy shit you have a million shib!? that is crazy!"
i bought ’s ,000, enough for me to get my mom to the doctor finally. so grateful
any firend that asks its yes buy buy buy☄️☄️☄️☄️
this reminds me of gme’s thiscord right before we got ass fucked lol
btw, need this to hit .50 and then i can relax
. youtube · meet kevin 7 hours ago
step 1. a person makes an nft. step 2. another person buys the nft with shib. the nft holder or creator is paid in bone or leash ect and the shib is burned.
lol leave the burn to the billion trillion holders
i’ll tell you what will be your down fall. not educating people. that’s the difference between shib community and amc. been asking the same question for 20 minutes here
anyone else sell their doge for shiba?
holy shit... walk away for an hour and i just went up 2k... fuck yeah...
0.0001 here we go
i literally made 700 dollars last night while i was asleep...
id buy now, there seems to be no signs its going to drop
bought 250k more just now
i really wish i had more spare money to buy more shib, but i got bills and fuel and shit to be concerned about
whats going on with the circulating supply going from 395 to 590 ? is it only on coinbase, some sort of bug?
here’s to hoping this makes up for the safemoon money i lost 🤞🏼
just converted all my xlm to shiba lfggggg
crazy to think how a bought 30 million for under like 200 back in september what is life
rh definitely was the catalyst for doge
lotta people will probably buy in and then dump after robin hood
a dip is a dip. big f’ing deal. buy for long term success.
here for a long run
i just did a quick look at all the crypto on coinbase and 3% 🤣
do not be like many people who sold doge way too early gotta wait atleast for 1 cent
folks. hold posting your amount. if it’s true, not crackers will tag you and possible try to spam you
anyone excited for popsicle guy
i bought 200 bucks worth 3. weeks ago instead of pokemon cards...woooooo
i need sleep lfg hold the fort down i want to see a missing zero tomorrow morning !!!
what other coins have as much potential as shiba inu?
i love how many say .01 is not even possible but doge did (which) i still hold did it and they create coins every time the supply is up which means it’s infinite.
that dip was traveling at the speed of light lol
how do you burn coins? like what does that mean
the exponential growth formula says 8 days it will reach one cent (at this rate)
we need to band together shib army.
sell and be poor forever
easy dip people keep the line
calm down. it doubled in 2 days... had a steady run at 1.5 then 21 days later doubled, then did that again. we’re at a stabilizer point. it’s gonna do it again.
it went from 0.00012 to 0.00010 quite quickly...wouldnt mind dropping another 1k in there
i've been watching for days, dips around .000073 are massive buy time. if the dip is aorund .0000730 buy!!!
i must admit. i made the tough call just now and bought the dip
why are people still using robin hood? i hear so much bad stuff about the plattform
im not selling shib for 5 years. thats how yall get rich. just buy it and forget it and buy when you got the extra cash.
we are going to vaporize a zero tonight
if this does go up to a good price, i promise that wall street and all the head honchos of the economy will stop it. this is bad for the status quo
does money grow on trees? no, but money grows in shiba
all good i bought more;)
im not fuckin leavinnn
whales are happy and even need people to paper-hand and panic sell so they can buy everything at a minimum. don't sell. selling supports their market influence. that's what killed doge. don't let this happen to shib...
new to this club today. put the only 500 i could scrounge up. hopefully i can earn that back and reinvest. may fortune shine on us all!
i'm off. don't panic sell shib army! the price will go up. fomo has not even started yet. buy bury hodl... rh and fomo is going to make it worth your while... hodl!!!!
5 digits in profit and not selling
don’t invest with rent money people or the . yah know?
i dropped 5k. let’s gooooooo
big pump incoming on friday for payday
i agree fuck elon
crazy how i've been telling ppl to invest in shib these past days and they scare to see their money dip but i told them it always goes up 🕊️
my portfolio was at the lowest it could ever be 2-3 months ago now it’s on swole 😂
careful guys lots of scammers out and about
i’ll hit half a million at .01
when shib hits 0.01 imma throw a big ass party and feed the people in the food truck!
doge coin and bitcoin didn’t get their value over night. so many ups and downs but pays off in the end
this is your chance
shib is the greatest investment i've ever made.
dude gme is going to change the 150b gaming industry. no better investment out there
watching the thousands of dollars leave my coinbase account while my savings has a measley 10k in it is so scary
what if we all burn 200,000 shib on scheduled days as a community
stop worrying people geez
a bunch of amateurs
also get ready because the weekends are fun
i just went to spam robinhood a email support but it’s giving me an error. fuckers 😂
paper hand bitches need to hold. whales are trying to scare off new investors.
i just swapped 5k of cardano for shib 🚀
my average price is 0.000052 is that decent? please someone respond i’m very new to this, i bought 1 million at .000007
still holding and will hold goodnight everyone, ur a puss cream if you sell
just bought another 100m shib. les go
shib on sale buy up
this is a nice dip to get back in it some more
i’m not selling shit only buying more
every coin and token got dips
everyone who sold doge to buy shib will now sell shib to buy doge and then doge is going to dip on them lol 😂🤣🤣🤣🤣
that sub .00006 was a fire sale forsure
man… i got these cheeeseburgers
the dip will stop at .00005
dang yall got super delusional over 1 drop huh
just wen in 500€ :d dip dip dip
nice got a solid 50m bag
it will stabilize at about 75-ish
don’t forget today and tomorrow is pay day for a lot of folk…dcas all over the place
sold at 80 something rebought at 60ish this is just profit taking by short term traders.
bought in at .
few whales are selling right now, they are playing with house money, it’s paper hands. hodl!!!!
stop selling you freaks
besides my emergency fund, shib is my new savings account
i have not sold my doge in 7 months
who the f is selling their coin under 0.0007? even then i do not really get it, but "everyone" who sold under should maybe loose their password for a year.
is it to late to invest in shib you guys?
europe is already woke
keep in mind folks we are still waiting on rh listing we still got front seats on this 🚀 🚀 🚀
annnnnd back up we goooo!!
yo guys why is the candle on coinbase pro flipping back and forth??
buyer - seller trades difference 1 minute 376.16m shib 10 minutes 33.13b shib 30 minutes \-48.03b shib
if it dips down below 050 i'm gonna blast another 7500 euros on it
i sold all of my one which is up 20% for the day for shiba today. fuck it i’m in baby!
anyone that wants to buy doge, see the door lol
everyone start praying to thr green dildo gods
shib price rn like watching pxrn
i ate doge’s dick for breakfast.
this is the best room on reddit ngl
all my shib positions back in green already
i just sold my baby mamas altima for shib
correction it was 5.9 bil*
going up and up again
i'm going to go to sleep. shib better be at
i'm gonna go sell drugs to buy more shib
lol i bought shib so many times today my email notifications from cb are getting melted as spam
when you think about it dogs are a big mental, emotional, and physical structure to mankind, especially veterans. they deserve more recognition and respect
that dip was proof that we can and will survive
posted a livestream that will go on 24
yeah all these people trying to cut it down saying there is no real world application
shib to the moon
say it with me: buy the dips, hodl what shib you have
wake up, take a nice fat poop and a clean wipe
can anyone tell me why the total circulating coins is now 589.7t
alright lads diamond hands it is
remember it’s still not on robbinhood also robbinhood buys crypto this could be them buying off panic sellers.
just bagged 500m coins lets gooooo
to the mooooooonnnnnn mooooo
good buy on a thiscount
hey just remember to sleep and not sell. you will thank me later
if shib gets listed in robinhood we will see 5,000% run
power to the community
greedy bastards fucking everyone for years
i'm afraid to go to bed
joined the shib army monday at .000042
i'm just doing this because if this goes big i will never have to be a slave to any job ever again
i do im just a little nervous. life saving invested
once supply starts decreasing more, and milestones reach, prices will surge very fast
is robinhood listing confirmed?
nice to see people are really enjoying this ride instead of just dumping on it
this isnt a bodega
it’s not left wing vs right wing it’s lower class vs the 1%
but yes. political views aside, we're all friends here with a common goal: the moon.
there is only 77k in volume right now... yesterday it was 20 million so this is why it is a bit of a standstill right now i think
the shib is back on top baby
shib till we die guys
wow super stroke seeing the paper hands killed themselves last night healthy dip was really nervous about knowing it was coming glad they got out extremely healthy dip
paper hands probs super depressed today
the usa pulling through after europe paper hands
.00 in this morning... already have 300,000,000 but growth believe in it trust it this is the way
did some math for sanity check, to maintain a cap similar to eth and 0.01 price, you need a burn of 89% of all tokens no one has that many tokens to begin with.
remember to only buy 1 lambo each when we're rich!
i used 1k btc to buy a cocaine in 2012.
omg we passed polkadot
bought 8 mil yesterday for the first time
i have made more on shib in the past week than i have made in the past 2 years working
i currently have 4.8m shib and waiting to receive some more money later to buy more.
come on market, new floor is 7700 you figured that out like 30 minutes ago...
the only way for people to want to buy at the ath, is if they are new and hold zero shib, then they will buy cuz of fomo. that is what drives a new ath.
holding 111.111.111 shib rn 💎🙌
guys last night market cap was dancing around 32b and we were 0.00008ish, now we are at 42b market cap and 0.000076? this is the shit where i get confused
just gonna drop that independence day line like we didnt notice?
alright. us awake again, let’s eat that 0 together. i know we’re all hungry
better than yesterday? 🤔 that'll be tough imo
another amazing day for us. i’m pumped to be here with all of you
man i bought in when
everyone is gonna look back on this time right now a year or two from now; and be so glad they held
buy now it is dipped
58 m coins here !! lets go!!!
there's too much fud. we got a high of 8.8x10^-5 around 4pm est, then immediately dropped to 6.4x10^-5, where after a minute or two of volatile trading, the price stabilized to a solid 7x10^-5. and right now we are sitting at a decent 7.3x10^-5.
i’m hodl ing for my millions. you would be a fool to sell. don’t miss the boat
and i thinking it will honestly pass 1 cent.
i’m thinking 0.10 to 0.15 cent with the burn 🔥 included
just do not buy the tippy top and enjoy the ride
okay, you do that. you harping on me for defending someone who is trying his hardest to help raise awareness for another place to buy this coin (aka more people holding shib) is absolutely dumbfounding & toxic within itself.
44 mil shib, waiting for trust wallet to stop having a seizure to see my evergrow.
any shib holders who are bitching, please sell so i can take your tokens
stop fighting or i'm reporting abusive , this is so abusive to watch 👹
i'm sitting on 200 mil. get paid tomorrow and i'm buying more.
i love my shiba inu family 😍🥰
we were up 78million% for thr year
i’m not selling, but as a first time investor doesn’t mean i can’t freak tf out lol
need to activate zen mode in here to 💎✊🏼
i can’t wait for black friday, cyber monday, and christmas followed by new years. every stock and crypto runs hard cuz the 1%era shop for kids
just a friendly reminder that taxes on profits are waaaay higher if you take them before you've hodl'd for a year and a day. 37% vs 20%. themoreyouknow.gif
you guys got your snacks? we gotta take the fuck off🚀🚀🚀🚀🚀
i would rather pay 20% on 20m than 37% on 2k.
i’m in this for the long haul! 💎🙌🏻
if i get 500 upvotes i’ll buy
man this chat has gone to shit haha, was so awesome about 10 hours ago
we are setting a bad example for our future newcomers with all the negativity. where is yesterday's energy? if we're only kind on a green day we are not a community. we'd be sharks.
you're a real party pooper u-profit5154
we in a dog race lol
**be smart and take profit guys when you can, dont get greedy. someone on this subreddit had a great post on the reality of shib going to .01 or .001 event. be smart, you cant fight basic economics. dont get gready, dont be fooled by these clickbait saying "huge pump coming tonight" or "shit to ". shib like thousands of other coins are shit coins, they have no real use case. none of these coins are doing anything that eth is not doing. they are just copies. this doesnt mean "go buy eth"** **but be smart, realize if there is no real world use case or if its merely a copy then there are no real fundamentals and its a wave and supported by pure speculation**. **now you can make good money by riding the wave people do it all the time.** **just be smart, be realistic and take profits when you can**
if shib hits a 1.0 i’ll buy everyone a trump hat
lol! all the haters came out today! yes shib is a shit coin and i love my shit coins! guess what! every currency in the world is a shit coin. the us dollar has value because we agree it has value. shib has value because we agree it has value. that’s the simple truth. if we all agree that tulips are worth ,000 a flower than guess what the value of tulips will be 🤯🤑🤯
i'm holding as long as it takes for me to not be a slave to the government
trump holds shib cnn just confirmed
just waiting on public to change my address so i can get it, just moved outta ny
bye paperhands. you were never one of us. don't you dare to come back 💎✊🏼
im not fucking leaving
when they panic we pounce
this past month there has been an 800%+ rise and considering the growth over the past year is 88m%+ i’m pretty sure it’s gonna either be consistent or exponential from here on out
we are fcking back!!!
,000 next dip if i get two votes
holy shit elon musk just tweeted shiba inu
the retards who bought the dip: congrats and fuck you
please say when cryto.com comes up
when i woke up today and saw the price i literally fell into my knees and started crying because that meant i was going to be able to pay my college 💎💎
just purchased 1.6 million more
elon knows he controls the market the doge craze proved it. and while he cannot be tried for inside trading... he knows his ass sniffing hordes will do as he tweets. he manipulated doge. and you cannot tell me he is not behind it is price plummet too
we just need elon musk to write a tweet about shiba
when in doubt, zoom out!!!
if i become a millionaire i will adopt a shiba inu
we crashed everything. coinbase pulled a robin hood. dont think we not heading to the moon baby here he we go nothin stopping is not these crypto giants or those paperhand pansys 🚀🚀🚀‼️‼️‼️‼️
want to be a millionaire? step 1: buy shiba step 2: hold shiba step: sell shiba at
guysss, should i buy shib now ? u think i still will make gains ? is it worthit ?or will it all crash on me
i came to panic
this fight is rather annoying and pointless, can you all just please call it quits?
i’m about to sell all 348 million of my shib going to use it to pay off some debt
99% of folk have missed out on shiba... if you bought 1500 usd in shiba in jan you would have 1.9 billion usd today. from here 10 x would be 300 billion market cap... think about that
first buy was .000007
if it hits .01 before 2023 i will buy a shiba inu and name it valhalla the great
heck i'll tattoo shib on my pecker if it hit .01 by december
robinhood halted doge twice both times at 75 cents. if my theory is correct if it hits 0.000088 again it will halt trading again because that is all they have for liquidation nscc requirements
keep in mind that whales probably have some insider info and are jumping in hard because they know other markets are coming to shib. on top of that fomo has not really kicked in yet... things will get much better before they get worse. keep the faith fellow puppy investors.
whole market is red except for shiba 🤣
they’re right. we had 200% gains at one point in a week, a 50% pullback is healthy.
thinking about dropping another 2k into this
i’m calm as a cucumber 🥒
just hold that shit, ride it out. not the time to sell it’s the time to buy and keep on buying, we’re in control
everyone getting the full robinhood experience 🤣🤣🤣
i noticed doge has gone down a bit today
trying to get another million if the exchange will work
wait til coinbase isn’t effed then buy like fuck. or buy like fuck elsewhere
all exchanges down which is good. there won’t be dump
it panicking here. super excited for all of you! and i’m excited to give back to people in need when we eat a couple more zeros!
shibros if you can buy now, this is the dip. by end of next week second 0 eaten
i barely have any shib and i’m freaking out
the whole world is buying
floor is now buy buy buy
this is the best thing in our lives!!!!
exchanges are down so buy the dip. it is free shib at a killer price.
these exchanges are crapping out because of our massive movement
what if whales are dumping all this hype? answer!
by tomorrow shib will ate a 0
ya coinbase not working for me either was just trying to buy more shib!!
lets own all the shib
4am in aus can’t fucking sleep with this rocket
when coinbase is back up. it’s your time to start buying. before everyone gets to it.
and if hits a half cent definitely one cent will be next
shib is going to buy me a new laptop
do not sell until we get .01 trust me this will be nutty do not sell
we need more moneyyyy to move money
buy as much as you can now cause by tomorrow will be way less coin
coinbase is up here in sweden🇸🇪
this zero bout to be goooooooone
shib totally crashed cb.
making 10 k in a day. 9-5 work day thinking wtf???? am i doing here.
anyone else having problems logging into crypto.com?
been holding since april
tbh i kinda wanna see it drop again so i can get more cheaper
kinda strange how all the exchanges crash at once huh?
what's the opposite of fomo
how is it not on robinhood yet it doesn’t make sense
let’s go shib has crashed the market
reminder: those who promote coinbase, crypto.com, or voyager being down will be removed from the chat.
crypto.com logins just broke
i'm so broke, this has been a highlight. i do not plan to sell. and honestly, it is nice to know i got something to fall back on.
crypto.com crashed for me.
got alot of paper hands people do not panic
thoughts on buying shib on etoro?
i’m trying to buy whenever it dips but it goes back up and i’m too late
what the actual fuck
oh it is dipping buy now.
glad i threw in another grand before the halts
it’s all good everyone calm down. enjoy the show. here’s a drink
coinspot is the place to go
is robinhood going to list tho???
my ’s see that turn into millions
now that doge is down, rh will need profit aka shib
life is a trip
coin base is still running it
taking out fucking money is what they are doing
reminder: those who promote coinbase, crypto.com, or voyager being down will be removed from the chat. this is strictly a chill chat
imagine shorting something at .00008 with a diminishing float
lol anyone know the price right now...
i want to be able to buy time. 4 years. enough to build a business to support my family
i feel it’s just a correction happening
lol trying to buy more but coinbase is a no go
my coinbase says now 65
i'm holding for millions. not just chump change. holding 1bill shib. yolo! 🚀🚀🚀
no i don’t think we are panicking it’s jus ppl like me that wants to buy more lol
damn these exchanges need to invest into something else than a hamster-run server
i'm not panicking, i'm pissed at coinbase.
wee took down crypto.com
coinbase is fine for me
just ride out until after work then check again
guys relax no one is selling lol
surpass doge by the end of the month
is it just me or did we crash coinbase?
idiots are out here selling, thisgraceful
here's the plan when it comes back we buy more
cannot sell if you cannot log in
can’t buy if you can’t get in either 🤪
i was hoping to see another 0 vanquished
buy the dip guys, this is rhe fucking dip
omg yes i just checked crypto won’t let me log in either
in 3 days after a 5 month hold
market manipulation at its finest
anybody having trouble logging into crypto.com login?
we are honestly somehow holding the line still lmao
coinbase won’t let me buy more on this dip
there is no way all sites are down at the same time. this is sketch
that was 1 whole week of pump
it will eat a zero by this month end
same. cannot place an order or see my account on cryptoy
how can coinbase be down lol
wow. we crashed crypto.com 🤣🤣🤣 well done fellow shibs!!!
coinbase f up too
man 6 months will be .001
we broke the algorithim
are the price updates on cb lagging?
rent money on shiba without telling my wife!!
1bill. lfg! 🚀🚀🚀🚀 voyager is back
crypto earn is amazing i will gain so much shib
wish coinbase would come back tho damn
shit we ate that dip up real quick, only thing that sucked was i wasn’t able to pick up because of bitch ass coinbase lol
i know lots of people are restricted right now but it feels good seeing it hodl these levels. just sit back and enjoy the ride.
coinbase got a knuckle past my sphincter right now
hello future whales dont panic
stay calm and eat a cookie
your broker halted trading they lack liquidity meaning this price is your cap. transfer somewhere where they can provide liquidity (nfa)
put on your helmets see you at jupiter
don’t panic just chill hodl
there is no stopping this. do not sell. no worries. be cool. it is going up up up up
crypto pulling a robinhood
let’s all become rich af 🙏
i would really like to access my accounts 🙃 but one way or another we will smash .0001
0.000076 is the floor
can’t even buy any shiba or doge on coinbase is over loaded dude!!!!
if didn’t have everything staked i may be panicked… my god it feels good knowing i can’t screw this up for myself 😂
exodus: "due to the recent surge of interest in shiba inu (shib), exchange availability is intermittent and shib exchanges may take longer than normal to complete."
there is going to be a mass buy when the networks catch up
damn still can’t get into my acct 😒
lets keep eating them zeroes! we can do this we can seriously do this
robinhood is not down, coz they do not have
if that dip was caused just by the pause in the exchanges, were blasting off all over again
rh looking at all this and gonna get fomo
my mind is blowing
cross the line of 7999
yeah, i can only imagine how much fomo is gonna happen!
it is about to another zero in my currency
i'm having a trouble to access my crypto.com account??
feel like they owe a check for this 💩
crypto.com been down for me about 30 minutes and counting
if it dips see it as an opportunity to buy more shib .!!!!!
we are at 9b 24 hour volume, we are taking that 0 my guys
crypto.com.still down for me
.01 would = . 4x the val of btc lmao. settle down gentlemen
liquidity a real hoe
i’m up 102k 👍🏼
jpmorgan went out and got loans to invest...lol
so if the return is 10 times the interest rate in a loan, of course it is not stupid.
coinbase says it’s at 85 but it says sell at 75wtf
i cannot do math or anything but i'm up like 60% just for today so maybe we do not panic about anything for the moment
85 84 8000 in quick succession there is so much buying activity that it is averaging out to even numbers
just put in another . lfg!
there’s gonna be a reckoning at some point shib just has to continue holding its value and then the next surge after lots of supply is diminished or burned is when the .001 might hit
if it eats the next zero it will eat the one after that in one week
buy now, it might not dip again
stop selling assfaces. i bought at .000088 and now im down
the chart looks like the ceiling in that one mortal kombat 2 level
dip is inbound but needed imo
i want shib for christmas 🎄
2022 is the real year for shib, this is all a preparty
we are taking off 🚀🚀🚀🚀
i am glad i’m all in shib. fuc.k doge and musk. shib to 10 trillion market cap
we’ll eat 2 more 0z by eoy!!!
who would like to hold these diamonds balls? 💎💎🤲
all out of money. can only help by holding
this is one of the craziest bull runs in crypto i’ve ever witnessed, watching in real time. 🚀🌘
you guys have to remember about china. they started trading in about 3 hours. maybe 4
my gf is sleeping, im making another espresso :d this is history
what's good about shib going to robin hood? i'm crypto noob and have heard bad things about rh...
coinbase mobile app up for me
i put another £75 in just now hodl 🚀
price is glitching from .7 to .849 every few seconds
i got lucky and all in right before it went down
everyone trading their crypto into shib is crashing the system
we should all go splits on a nasa sls rocket and literally go to the moon
is 1.1m ok ?
who’s got mkt volume numbers?
holy crap! ?! that’s insane!
i was born in 89
it's so volatile right now with all the exchanges offline and online, anyone who sells is a madman
i’m so glad people are grabbing cash and making real money. makes me happy
mine is down im furious
shiba blow up the market 😂
i'm sweeping floors at a hospital rn and not panicking, why you panik?
when the sites go back up ppl are going to buy like crazy
i can’t buy more
anyone become a millionaire today off shib?
crypto.com apps massively crashed
my fucking crypto.com won’t let me login
insane how quick these dips get eaten ahhhh
hold all the way to
[crypto.com]( is working for me now
in a year are we going to be done eating zeros and start talk of adding zeros. .00 -> .00
i’m freaking out but my wife and i are holding we’re shib army and holding strong like the rest. we can do this people. it’s a good project and we’re a tight community.
can robinhood hurry up and list
im thinking of buying 1m more ahah
i just joined the 1 million club
coinbase is getting money dumped into it at a rate they cant porcess everything at once
what the hell is going on with the 1 hour chart? looks like a bunch of buy and sell orders triggered like crazy
western whales are just playing around before eastern whales wake up boys do not sweat it!
in 24 hours everyone is gonna hear about this uptrend and start pouring in shib
why would you choose that word
bought more shib. to the fuckin moon boys 🚀
i had to call my bank to have them take a block off temp. to buy on [crypto.com]( a few months ago
we are going to hit the 0,10 there are a lot of people buying shib and holding
so do i believe me.
gday to everyone that replied ftom australia
if it drops , buy the dip 🚀
opened my accs last week for the first time since 2018 and converted it all into shib… couldn’t be happier rn lol
guys ...dont forget to take profits... i payed for my education last two cycles
why is mine still at .00007?
it is going way faster than doge🚀💰🤑
what’s the price now? crypto.com not working for me
i’m already looking for real estate in a very remote location of the planet
i just bought another 5 mil 🙌💎🚀
just bought some more 🚀🚀🚀🚀
i'm smarter so i do not ever mizzpell. worzda
any word on the robinhood thing ???
i been in since .00000249
don’t be scared just buy more
when it gets listed on robinhood it’ll go up even more
added 5mil more, let’s go !! 🚀🚀 not much but i really love it😍😍 proof:
if it gets to .10 or higher (long shot i know) then i'm selling. will have .
if you missed it here it is. well, according to experts, shib heading for . read the report review below.
if you take profit now youll miss more upside
2000000 more bought the dip
got in at 0.000028. hoping it gets to eat some more zeros
will we see another zero deleted before the year is up ?? true question
need a crash to buy more
i wish i got in sooner. i got 25m for 500. but i hope to see that zero fall off. idk why anyone would want to sell at this point
soon some whale is going to sell, and then some panic sellers are going to follow. then it will recover in a couple of days.
i heard there will be a 100t burn... is it true or just fake-news?
i’m going to buy tomorrow cause is pay day
now, overnight we watch the other side of the world dig back in
panic? for what. it’s literally up 100% today
chillin b. hodl son!!
buyer - seller trades difference 1 minute 36.3b shib 10 minutes 9.74b shib
positive buying pressure currently
do not sell. i panicked and tried to short it last night when it got to like 00006 and lost like 300k coin in the process. too volatile to work with. i've learned my lesson, time to hodl folks
i'm up 5.5k i am not selling
running a crappy mining setup, not earing anything but just to support the network brothers, for the vibe
coinbase is saying all systems are operational including mobile but lol no it is not
i read china is just second to usa on googling info on shiba. when us sleep china buys. when china sleeps us buys. oh shiba is glorious
bruh i need more money to put in
nobody's giving away tons of shib when it is pumping hard... that is gotta be a scam.
if it hits a penny i can pay off my debts and still have 4m shibs left
the night owls will take care of things
holding since beginning of july
i just wish i hadn’t decided to get into stocks and crypto the same day. my stocks suck so far lol. damned cannabis (jk love you cannabis)
i personally think the wales know rh is getting in the game soon which is why they are jumping in hard right now. i think they got the insider info and are going to cash in. as much as i hate rh i bet that makes a 0 or two go away. :)
did a bunch of doge holders enter the chat sheesh
the question is not whether to buy more shib, the question is how much shib.
hope you bought the dip! we're on our way back up soon!
at the rate this shit is flying, and with robinhood on the way, y’all think it’s worth taking a , buying shib, and paying off the loan as soon as the value doubles?
will we be seeing another rise later tonight?
would you guys pay
holy **** i just checked my wallet lmao
yeah i’m good at 10 cents
i hate it but want to pull the gains out of doge on rh and put it on shib in crypto.com
tons of bots in here as well
were back at 80?
it was a dip cause most exchanges crashed lmao
yeah i hope they will be like alright we're going to burn 50 to 100 trillion coins
why ban for mentioning it i'm concused
best they ask in here so we can tell them do not worry bro everything is fine
we found our floor and we are still in profit so there isn’t much to worry about
bought 3k usd worth at 63
10m here, more than happy to leave with .
i will buy more tomorrow
no .01 is the goal
my average price is 0.00002785 with 9mil coins
i’ve got 79 days of staking left i hope this keeps rising
dont be so submissive
hold the line 2 more zeros to go 🚀🚀🚀🚀🚀
everyone is buying, i would buy more for the next week or so. hype is big rn
hold hold hold is the key to success
as long as btc is still under . shiba is still very cheap. lots of room to grow. hodl
i can’t even move my shib to another platform from cb. wtf
stop being pussies reporting each other 😂
should i sell my eth at profit for shib?
how much needs to go to a dead wallet per person before
where is the massive crowd coming from the last week?
stop reporting people! we need as many as we can get in here! share about shib everywhere!
how much shib do the devs have?
we be making money boys
newton just listed shiba today by the way everyone! most of you might not know what it is, but it’s a big canadian crypto platform which is one of the only places to get usdc up here.
322 million 🐶 lfg
buyer - seller trades difference 1 minute 109.89b shib 10 minutes 159.42b shib 30 minutes 733.77b shib
but price was bouncing 8200 to 7100 every millisecond like holy shit!
good night bois, hodling till we pass mars 🚀
coinbase is still down because our momentum is still a threat
we need a big ass burn and a good ole robinhood listing 🤝😎
question who exactly is doing the burn?
0.01 is in 10 years
we will get there eventually just hold
buyer - seller trades difference 1 minute 61.69b shib 10 minutes 291.37b shib 30 minutes 818.63b shib
guys in 10 years at the rate world is going now 1million will be worth like 100 000 right now. everything geting more and more expensive
i sold like 2.5 million a while ago and it was worth it cause i helped pay for some pet supplies. but i’m sad i couldn’t have just waited
here it goes boys
tomorrow i’m buying ’m so mad
we back up again
voyager also has a sell calculator you can use to set limit sell prices and see how much you will make before taxes and your original investment
don't think asia would not eat that zero for us.
was coinbase down? i haven’t been able to buy shiba.
anyone using an erc20 wallet? i used rainbow and eth gas charges are crazy. !
guys i have to go workout but i can’t stop checking the damn price
. 01 is not in 10 years lmaoooo yall are fucking fud asf
0.01 in 30 years the same time y’all retiring
nice u’m a year younger than you lol
tempted to sell my algo for shib
coinbase is high fees in return for simplicity
i was hoping to stack up to a billion but the price took off to quick, got in at 5 zeroes, thought i had time
wakey wakey eggs and backey hodlers, lets get this fucking money
this has been an exciting week for me lol i bought in last monday and kept buying during consolidations
i expect a dip soon. but i will hold on for at least .01
every time i remember that i used to have 500 million shib and sold most of it for modest profits back in may i feel like crying
elon is not our friend!!!!
shib is number 9 now!!!
it’s just a resistance line it will get passed
i just need enough to pay off my student loans😂 so 60k and i’ll be happy
lol coinbase is flipping out again
does anyone know what’s up with coinbase? i haven’t been able to buy all day lol wtf
they ran out of supply 🤣
im scared to go to sleepa and i work in 5h
if you diamond hodl you will has diamonds
should i try waiting for price to drop to .00007x or just buy at .00008x? sold 1.7 mil at .000075 like a tard
shiba is already in coinbase
freaking wonderful coinbase pro is down for maintenance
hodllll all day all one billion. lfg
i just spent .001
thanks for the advice. i will hold and wait.
just woke up and it is 0.0001 australian!
i will buy some right now
fun fact: when someone makes large amounts of money, everyone around you seem to truffle financially.
let's burn this zero!!!
can’t buy on cb. still. wtf. 😡😡😡
bought another 350k just cause lol
i only invested like . 😂😅
on coinbase, try mobile. the website didn’t work but the mobile did.
hodling at 28,000,000 shib 🚀🚀🚀
and on that note, goodnight folks, yours dearly, a british acquaintance 👍
how does it work when coins get burned? who does that
my portfolio currently has 25 mill. within the next week i'll try and double my position
opinions on where shiba will be at in 2022 🚀🚀
the community is working on developing new ways to get rid of that supply!
you 🦍🦍🦍🦍 are fkin amazing. stay strong
the title for this chat is a false statement.
shibarmy has my back. stay strong apes. much love
volume about to pass bitcoin
or just hold ☺️
my shib isn’t going anywhere
so wat if we beat bitcoins m cap right?
i'm out here doing uber eats for shiba too hahaha
didn’t they burn 900 million about 2 days ago??
wish i doubled down 2 months ago when i was originally bought
i believe roughly 10% of overall shiba has been burned thus far.
i woke up this morning and shit my pants tbh
let’s eat 2 zeros by xmas!!!
yall better not sell at xmas and ruin this i swear to god...
fuck that i’m not selling until .05 lol
i literally have watch this currency all day long
no, absolutely not. i just bet at one point or another, we’ll see elon drop money in shib. if it hits 0.1-1.0, wouldn’t you? i personally don’t care if he does or not and for the record, i held onto my 500,000,000 shib even after elon said he doesn’t own any.
amen, my man! the people have the power to rebel against the great elon! i want us to defy his “power” at all cost!!!
has shib peaked boys? without the blind optimism
hes fine lol , the address that i gave is to warren buffet
but can we really all be shib millionaires.
no amount is too small. even .
i’ve doubled my money already someone ols convince me not to sell
paycheck friday is gonna be fire
imagine if we could just merge doge market cap and just double shib.
cause we're a bunch of morons and the financial pros panic
i need like 2-3 more zeros to be eaten, just saying
i know it will hit a penny by 2023 not think, know
cast it out and it will come
some one burn a few trillion plzzz
coinbase is not letting me move my shib to a wallet. it's giving me a limit which is not even 10% of my holdings. is there a way around this?
guys if we eat another 0 in 3 days i will do absolutely nothing but hodl
correction: shib is life changing
7 million shibe to the moon
wdyt about coinbase vault? forced diamond hands
how high can this go? especially if it gets on robinhood?
i’ll be buying more anytime i have extra $$
i feel bad for all the poor bastards that sold bitcoin when it did it is wobble at low levels like this
missed the boat on btc & gme, but not with shib 🥲
boys over in doge are hurting bad
people tell me i have a soothing voice so does this mean if i mention it on tiktok we get to 1 cent?
everyone sells at ath cause they think it would not get much higher. buy the dip; dip is good for the chips you'll be munching on when you're sitting on stacks
is the supply really 1q or has it lowered? does anyone know!!
didn’t rh just report losses on crypto? wouldn’t make sense for them to try to list another token rn
show gains say this is the way?
i have roughly 30 million shib now 120 million safemoon 100 billion burn1coin (just bought this a few days ago. it's a new promising coin!) big potential.
invested around 900 and i'm sitting at 1.6k value... in 5 days 😂 i'm gonna hold out for the long term with you guys
everyone hodl for another year we’ll go up another million percent
today is my first day at the shib moon base. am i late?!
anyone from singapore? 🇸🇬
anybody got a starmie they can trade me on pokémon go
what do you guys think it will go up to in 1 week?
i have joined the army
do we know when the next burn is??
i have my coins in gate.io is it safe?
we at .000085 gentleman and ladys with ballz
we get shib to 0.5. then we get kyoshi off the map!
what's a ground floor cyrpto to get in on besides shib? trying to diversify my funds tonight.
maybe i'll diversify my shib with more shib. lol
my only panic is that my pay can’t come in early enough for me to grab more shiba
crypto.com sucks. doesn't even have safemoon! 😞
we need a public money pool to start commercial campain for support!!!
it would be great if we ate the 0 tonight then beat the 3 day record on the next 0… that would show them who controls the market!
daaamn, i might just transfer to my metawallet then, that is brutal. they did not allow buying or selling
rule , dont talk about fight club
how the heck can i buy ryoshi??
just bought another :)
i own 30 mil shib, if i make 'm cashing out
i think trillions upon trillions need to be burned for a .10 price
i’m holding 500mil and holding till .01
ngl i'm newbie af when it comes to crypto, just gonna hold and see what comes of it
450 mil here, now seems like a good time to make it an even 500 mil
it’s not a coincidence janet wants to tax unrealized gains
asia is chillin and staying stable but europe is gonna go nuts in 5 hours
ima shib my shorts
shib can and will get to a penny!
i'm off to bed i expect to wake up going holy shit. i pass the torch from usa to the asian family ❤️
most of y’all are not bots
yea medtalk is killing my buzz
i threw 14-15k into shib not thinking it would do much but now it’s at 31k and i’m trynna see some millions before i sell anything
what if i told you i had 1 bitcoin from cringy dark web try to buy drugs days and i lost the usb
lmao it is all good. you're probably right. everyone here will cum in their pants if it hits .01
damn i am so happy
this feels like last may when doge was shotting up to 70 cents
just bought another ,000 let’s go
what are the chances fr that this hits 1cenr
i hope there will be more coin burning going on
i’m gonna youtube how a burn works
it can absolutely hit .01 if all these paper hands grew balls
i’m going to make a coin but give my self 100 trillion first off the market in a secret wallet then when it reaches .00005 i’ll sell and shut down the servers easy
0.005 would be a dream
it's f'n hitting .01 minimum chill and hodl
its crazy that we used to talk about shib in millions, and now you can put in
do you think we've seen real fomo yet ?
buddy mad he missed out 🤣 having major fomo lol
why is no one talking about how insanely bullish the macd looks??
under 30 checking in
22 year old and hodling 10 million shib
fuque elon, we never needed him. everyone is buying more on pay day so im sure it will rise by friday and monday so hold ladies and gents.
lol i'd love to see doge tank, elon be cranked af
is 1b a lot?
whales will cash out
my wife but yeah basically the same thing
gme investor here too, went from 15-400 and diamond handed all the dips. if we can handle the hedgies we can handle some big fishes. get your harpoons out, it’s time to hunts some whales
everyone wants to be the next elon. 🤷🏾‍♂️ honestly, if i could make : i’d be set for life. i could get married, have a house.
need to see a doctor, been hard since 4am. it is now 8:45
yes!!! and .01 by friday!!!
surprised you haven’t already lol
buy when it dips
don’t worry. look at all other cryptos before . btc 55-66k now. we’ll reach there someday😳
nah… we gotta beat dogecoin….at least .27
i you put 1k
your still a baller
ask your mom to give you 1k
fr they from different countries and arguing like they live close 😂
most rational people do not but nothing about this is rational
i saw it too
we just overloaded it with buy and sell orders 🤣
people still on amc?
i sold my doge friday and transfered it to shib
some say nov 1 but vlad tenev said no. let us know if you find out
elon is a cunt
right? i never have joined a community to boot and rally with everyone but its thrilling. hold hold hold
i told my friends at work since may but never believe
hard to sell when you're already 500% up
that is not it chief
rip one or two zeros
you will learn to handle your emotions believe me.
screen shot or ban
no one cares he’s irrelevant in crypto now
no. step 1 buy shib step 2 hold shib step 3 use shib as money.
sad to hear your selling but glad your paying your debt off.
i still think we will see that soon it’s still looking so strong
cannot. tried to catch it at 65. it is back up. still cannot buy
id love to but my crypto.com app says nah you good
access to a huge group of people
don’t fret sweet hodler, it is still on sale and it will continue to climb
just their way of keeping us peasants from getting lambos
china might unban crypto soon, so i think it’ll really be good for us 😍
i would bet on it. asia and europe are more reliable than america and america is whistling
10 cents lmfao, yeah dude, we all would be
nah, eth will go up, if anything just split the two
bro nah, eth is a great investment to have. maybe just hold onto it
that’s what i did this morning at 9:30! liquidated some stonks, and said fuck it. here i am making the best returns i ever have in a day.
it was down for a while, but keep trying, i converted btc to shib just a bit ago
for real. it’s 11 😂🤣
close your app then open it again. worked for me
elon's financials are totally different than the everyday persons. just because he is not holding x thing does not mean its useless. elon is not god
we all must contribute to the burn! burn 50k per week
i quadrupled mine but im still holding strong … 0.01 cent dream baby!
haha same tho 🤣
yea because they can’t steal from it like they do stocks
when did you invest
that's nothing the shib laughs at .005
was 88 earlier today
it’s not relevant. we already beat them. comparison is between market caps and trading volume. (money invested). we passed doge today.
i'd rather beat my meat to 0.05 than beat dogecoin
i’m freaking out i got 80 million shib
i'm talking after this pump currently. after a few years the goal is much higher
i wish i had more money to buy
purchase 100m additional total 3+ billion
i’m holding my billion waiting to burn another zero before i even take out my initial
holding 125 million 🚀
i hold 1,1 billion strong. 🚀
i have 20mil... but it looks rookie numbers to compare to some of you guys.
190m shib, operation hodl is a go
i only have 32 million but definitely going to keep buying. i wanna be in the billions before going to the 🌚🚀
just sold 1000 doge to buy a few more million
3.2b holder hopping for .01 (miracle).
can vitalik give us cigarets ? because im sure we'd like to smoke after being f\*\*\*d
just bough 2 million for a little over 30 bucks. cool to think that i could be a millionaire if it reaches just 50 cents!
we need to change our background. doge and shiba go hand and hand.
unpopular opinion but can we stop with the “upvote if buying or upvote if holding” etc
no point in selling now since its so low. only buying.
hodl my shiba brothers , blast off is about to commence!
too many fucking paper handers this week lmao 😂😂
bought more reached 500mil 🔥🔝🚀shibarmy
just bought some dogs 5k$🚀🚀🚀
bought 21 million more today 🚀🚀🚀🚀🌑🌑🌕🌕
atm i have about 40.2 million tokens!!!!
bought 7mil, could not be happier!
just bought 26 million omg! lol
already bought at 1.7, still waiting for the next dip.
i bought it at 0.018 was it a bad move?
i just took out a loan to buy the dip. fuck the system!
when there is blood in the streets and panic everywhere, load the boat i'm seeing a bull flag on the shiba chart
hodling at 10 million grandma needs a cybertruck 🚀
cant wait for it to be in the top 10 cryptos!
100 million in the bag... lets goooooo
i took some of my ada and tripled down on shib.
you can now call me shibibi
got 6m yesterday i'm now in the xx millions bracket.
holding my humble 10million!
tried to buy through coinbase to uniswap and the gas price was trying to cost 215 more then the coins i was gonna buy but its okay i found a work around so i got 7 million shib so i am one of the boys now <3
100mio. am i a wale?
buying more today for sure
too late… already bought more 🥲
it's at this point where i'm willing to be the one to risk it all, i will cash app western union chime whatever it takes the person , to make sure they know i'm real and then all i'm asking is for that person to send me some shib lol
holding my 170+million till the end. in time we will rise!
i purchased another 10 mil this morning and hodling!
buy buy buy love my shiba 🤑🤑🔥🥰
hey guys, i came back from year 2035. i read an article and history about this coin. i heard most of so-called “ diamonds hands” who owned billion of coins will sell their bags when shiba reaaches 0.01. little did they know that shiba has reached to . only the dudes with the smallest portfolios ( 1-10 mil) held the line until the end. congrats !!! some random dude from the universe and he’s not a financial advisor. trade at your own risks.
i'm a shibillionaire. i have seen some serious blood in the streets the last hours. i'll add that even during this carnage i still am i the 1000s of percentages in profit. we're talking house-buying amounts swinging. you see, at huge amounts of shib every leg is insane. still i held. why? i learned to be immune for the following: - uneducated fudders - outside curations or checks - unexpected serious swings - angry noobs losing - panic - my nerves i would like to thank the devs and their team. things have changed for me already. consider this. if the 2nd king of crypto (since the 1st thissappeared 10 y ago) even touches a token, you might as well thank the hand of god. grow some. your future self will thank you.
better to get out quick sell your shyte and don’t let you fall in for the “hype” how many times did this happen? they have a wikipedia page but it’s lacking information just basic shyte 💩
ever since i bought this shit coin is been on negative
and if we create a token called elon the great troll name token=elonbigtroll
i am tapped out. i cannot justify putting any more into this. my family can’t be sacrificed for hype. but i have 30mil and holding. hold hold hold!!!!
vb ruined the hype 😂😂
please, keep buying and selling these shitcoins. not because it is good for you or anyone but because it raises the prices at the eth exchanges and the way i mine eth . keep being rslur's. it lines my pockets.
admit it vb fckd all ya
cant wait to visit this shit coin in a month after it becomes 0,0000000001.
been dip buying at 1550
only 100 mil wish i could get more
i'm just in. joined today buying . started with 1.7 mil. way more to go.
loving this hype! let's gooooo!!!
bought the dip 👌
bought another 5 million this morning when it hit that really low point
i bought some today!!! going to buy more with my next ethereum deposit.
currently at 263.9 million. may bring it up to 300mil and hold there.
i'm at 6 million now!
so . this is what i think , (not a financial advice ) . tesla was doing questions if should accept doge . they already knew that bitcoin is out . now they will announce that they accept doge . bitcoin will not be a catalyst for other crypto no more , ethernet will cost more then bitcoin in the future . doge will cost . i see you in 5 years more ; shiba will start trading on coinbase and binance us plus voyager and robinhood , price of shiba will reach 10 cents
looks like a sell off to me
i am a shiba baby whale. i missed yesterdays dip waiting money to clear, but tomorrow i am buying a new army of shiba inu tokens to add to my hodl. these are early times and i am excited for the project!
buying 1 milli a day until it hits 0.003
how much gas fee going on ?
i bought 15m today i’m new here
a great time to buy
proud owner of .000135 trillion shibas
i wish i ddnt buy from hotbit
laughing at all the panik sellers and paper hands while holding strong.
i bought on monday super high. here i am holding still. 50 mill 😬🚀
bought 50,000,000 shib 👀
i wish i could buy more
52 million my first crypto investment 🚀🚀🚀🌝🌝🌝
i bought 14 million coins with money i was either going to buy tacos with, or alcohol.
i got me some 🤞
any canadians who need advice on how to buy shiba lmk!
coinbase to add dogecoin in next 6 to 8 weeks hold on peeps
got a noob question for you guys. is there a possible way to transfer this coin to a cold wallet?
whatever you guys do, dont buy on hotbit. got completly scammed on 300 dollars. i bought shiba for 25 bucks. made over 600 bucks and i only got 345 dollars. bought on binance for another 20 bucks waiting for another jump over 1 zero.
this is so dumb this ship has sailed lol. save your $.
bought my first shiba after vitalik dumped...decided it wasnt enough and bought more this morning.
let's go shibas. we got this. on the up and up. survive the slaughter
i’m holding 50 million 🤞🏽
tried to buy at .0000016 but crypto.com ate my fuckin tezos deposit.
india did not sell, but they will little by little which is fine if it saves lives. indians will be buying the shiba they sell, so there is a new market of buyers. bill gates sells msft everyday and it keeps going up!
it can not be bought on binance or [crypto.com]( in the us. i tried both and am deciding on whether to use kucoin.
just bought another 4mil shib. let’s push it to a 📈🤩
damn i need help here im trying to buy more ship to what i already own by converting 2 other tokens i have to ethereum and directly to shib but every time it asks me for the first fee to access the token to swap the step after keeps saying 0eth or 0 shib rite before i hit the button to swap ... anyone know what i can do to change my other tokens to shib or back to eth so i can swap for shib?? this is frustrating i understand the access to token fee but after that i hit swap and it say swap for 0 zero eth or 0 shib
and some extra hokk on pancake swap 🚀🚀🚀🚀🚀🚀🚀🌚
meh. i’ll buy when it’s one click purchase. to sketch right now.
do y’all think it’s a good investment?
hello crypto fam, say hello to cate the :)
if amc squeezes, 5% of profits are going into shiba only. shib > doge
for this is just the beginning ...
7 million as of now! i get paid tmmrw
just under a half bil shibs! let's go shib! woof!
could we ever see shiba inu at 0.1 or 0.01 ?
i am new to crypto.com how the hell do i get shib on it from a different currency? currenty sitting on about .00 of cro i wouldn't mind moving it all to shib.
6 mil and holding for two weeks.
pump it in now and establish early position. set it and forget it!!!
how can i buy shiba!? i heard crypto.com but im not sure if you can buy it directly there? any help please? thank you
i got it on bitmart
this is the way🙏
i have 40mil bought in when it was .000015 and still hodl
todays going to be a good day.
verifying my crypto.com account. where else can one buy?
300 million coins go ahead
sold eth for more shiba it’s holding stronggggg
i just bought 30million and holding for christmas. then i might sell 10% for some really good egg nog.
make a daily general thiscussion thread. it would keep the shit posts down.
bought 12 million...toooo the moon
230 million. use gate io mostly. need to send usdt- i like the user experience- lots of data. crypto com just struggles with the volume.
in for 10 million
i wish i could! but for now i’m just holding!!! 💪🏼
i own like 200 dollars worth. what’s a realistic price prediction for the next 3 years? does anyone know or have any idea or will it cease to exist? thanks
just picked up 50 mil...
i put 25% of profit from shib to pig finance token... this is awesome turning ,000... ha ha ha... use gate.io to buy these...
i just joined the club!
i already bought a couple of days ago. but i hodl!
how much would 22mil coins be worth if shib reached 5 cents?
got that 5,000,000 already. let’s get to .5
screw you i bought 10m more
100 million and counting
bought 2 million shares today if they ever reach 'll be rich.
i’m 65 million in 💎🙌
i don’t get crypto but the artwork is dope
i bought . i’ll check it in 5 years
guess yall have not lost enough money yet lol
yes 🙌 i am buying another 50 million !
i’m trying! nothing works! 😭
im glad i can hold 110mil... really hope we can get to the moon for the new guys... a lot of them need this
purchase on ku coin . they charged me 0 dollars in gas fees
can i buy on crypto.com with a visa gift card? my credit cards won’t work and i don’t wanna use my debit.
nah fam this was a pump and dumb didn’t you know?
for united states crypto.com is the only way
crypto.com free trading first 30 days
how to buy ?
on crypto.com i cannot set the price to buy it just go by market price
just wanted to give a heads up to bitmart users. you cannot withdraw it to your wallet at the current time. this is all the explanation they are giving: ' dear bitmart users, withdrawal feature of shib are now temporarily unvalaible. we apologize for any inconvenience. please be patient and keep an eye on our announcements for further updates. thank you for your support and understanding! bitmart team may 12, 2021
thanks for motivating me to purchase more. felt uneasy this afternoon about it. now i’m holding 4 million coins. at least i can say now i’m a millionaire in one way!!!!!
i bought 500bill more at the dip!
shib.0001000 . big selloff!
i’m holding 40,000,000 🥺 also this is my first ever comment here on this site. hi friends 💗
brought 26 lakh coin
i'm waiting for the break to 3000 bought more at the dip under 2000
can’t buy more but hodlllllinnnnng
we all need to use redit twitter and social media platforms to ask the rich and popular people why the news doesnt cover a billion dollar donation to save 100s of thousands in india. it is lazy. and remind them that buying shiba helps increase the value of the contribution without having to do anything else.
hold 490.000.000m think 10.000.000 more
i’m not wasting any more money on shiba it’s dead ☠️ i’ll keep what i bought and see from there.
what’s the best platform to buy
to the moon !!
don't put your paycheck on it. this is a gamble. only buy what you can afford to loose. because most likely we all will. remember this is a meme coin and has no real value, people think that they will become rich one day but the reality is the opposite.
expect to buy more today
buy - hodl and grow as a community
it’s not much but i’m hodling 20 mil! let’s get it fam 🍻
let’s make it to 1 usd
just bought 867k my first shib
127 million shib and holding! shib in a way is helping india
perfect time to buy shiba on thiscount. you should give a look at crypto.com supercharger event that is featuring shiba starting today! perfect way to get around 15% apy returns in shib by holding cro!
i bought at .0000275. 😭😭😭
zero utility greater fool
i’m loading up but know it’s all gone
up to 169m, swapping eth to shib every mining payout. i need the big b!
buy more i had bought 11.8 b until now everyday 50k holder plus until now 352k holder to the moon
go to the moon
i'm holding 15 million. 💎 💎 hands
i do not have anymore to sell at home, for buy more shib...🚀🚀🚀🚀
how to i buy? i cannot use binance or crypto.com because i am.in ny. and coinbase wallet wants to charge way to much to convert toshiba inu.
new shiba battle cry - help save india from covid - buy and hold shib !!!
everyone here is holding million+ shibs. dont think everyone will be a millionaire by hodling shib. just my 2 cents
glad i bought 4 .0000001 405 million + gain approx 2k% bought some last wk too. gain approx 65%. 1 month made a huge difference!!!
i put some money into hachiko inu yesterday as well. even more room to grow.
i use kucoin to get my gems.
anyone k ow how i can buy i new york city
shib on kucoin futures 1-20x
yeah the early bird gets the 🪱 worm i'm holding over 3billion + yeehaw let us get this money shiba inu!!!!!!
bought another 7 mil shibas, now to just let that sit for awhile, adding in a bit more here and there
buy buy buy buy buy. don’t sell.
buy shib on crypto.com with debit card
purchased 1.7m today because i've always wanted to say i had a million of something. shib to .01 🚀🚀
holding 1.2 billion. 💪🚀
i'm loving . the 2 beste meme coins ever!
, just like , it is going to pump hard soon!
calling all shiba inu warriors !! we must all stick together join and share this new facebook shiba inu shib holders as many in and buy coins as possible! we need admins too!. have a good day! shiba inu 2themoonarmy
did vb just burn 😀
whats going on ... it dropped pretty hard today
get ready for the ! seems nothing cannot stop it now! just waiting for elon and we're set for lift-off !
yes , let us gooooo!!!! to the mooooon
how do you buy?
new to this. my question is. how can shiba hit .01 ? looking at the market cap it would have to become more valuable than tesla and amazon. or if 99% of the 1 quadrillion tokens were burned ? if i’m wrong sorry, but i’m just curious to actual potential.
i have shiba inu in binance, should i transfer it to trustwallet.
no fud,but anyone understand what’s happening with vb. and now you are talking about buy dip. open your eyes 👀
i bought the top. i bought the bottom. i dont feel like its moving. jus keeps dipping! be careful guys, dont looks good anymore!
why would anyone buy this shiba coin ?
334 million shib here, can i be a shib whale too
hey i'm new to crypto, my first purchase was 27 mil shib. am prepared to hodl this for a loooong time.
bought a million will buy more tonight when check hits
several with their millions of shiba and i just starting in the world of crypto with only 10 shib, i will not go to the moon but i will be a screw that holds the base
purchase tether and send to kucoin. purchase shiba on there. 🤷🏽‍♂️
purchase tether on coinbase and send to kucoin. purchase shiba on there. 🤷🏽‍♂️
why are y’all still trying to pump this useless coin ? lmao
fastest way to 0.01? remove all sell orders under 0.0099999. possible, but is it doable?
buy . put it on webull he’ll put it on robinhood and then the people will buy 💯. till then seem like a ponzi scheme
just buy more money
if you're a hodler, do not worry...even if you can (hopefully) afford , you'll be able to get \~1m every week (am not in the usa so not sure of the conversion for a more accurate qty). in the long term, if you truly believe in the coin, that would be the bees knees! don't compare yourself to others who have billions...noone would spend that type of money to get that much now. they spent what we're spending now to get that a few months back. they just got lucky. tbh, to be getting anything right now, in my opinion, puts you wayyyyy ahead of 99% of the worlds population. this is how i always try to remember it when i get peeved that i did not get in earlier! all the best :) edit: an award?!! oh my gosh…thankyou, you wonderful anonymous redditor! you’ve made my day!’
it’s a pain to buy. i go from coinbase to kucoin. is there a faster way?
you need to mine more fiat
buy money with money 🥱
how much was 100 millon
no way 3 billion
what does it mean to burn another zero ?
i feel that at 2m lol. but every amount counts!
buy a little each week. i am adding every day
how much would your 20 million coins be worth if shib reached 5 cents?
same here at 12million
just make sure you can risk it. getting 1 billion is a good bit of money
that is weak. hodl your doge traitor. i’m holding mine. and buying for specs
bro hold doge and buy shib w fiat please
i’m in for 2.5m and i’ll let it sit and see where it goes. if it hits $.01 i’d be happy, $.10 or higher would be a game changer.
what vb could do, is burn all the other coins he has, and instead of using "our community" to fund his charities of choice, he could use his own f&\*king billions to do it.
him in this is why it is real and why i am buying more
cigar will do??? hahahah 😂😂😂
one can only hope i’m only holding 3.5 million
that is mathematically impossible, best you will get is .0001.
like two good platonic friends. we should not f*** each other. lol.
someone posted an amazing art piece in here yesterday of shib and doge standing next to each other on the moon. idk who has control to change the background but that could be a great option
reasonable opinion - save it for the comments, people.
i feel like it is not unpopular opinion at this point. i totally agree
not that unpopular. everyone on this form is hodling or buying
binance is in trouble with the irs and us government!!!
already hath bought at 1. 7, still waiting f'r the next dip *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
that would've been 0.000018, but no, not a bad move at all.
we saw 0.000026 last week, ath tho
true hero here guys, look!! \^\^
what is your desired price?
i’ll help you, if you know how
so you bought it within the past 3 days?
what? you thought you would buy it and it would skyrocket?🤷🏻‍♂️
i sold it for 10% gain. people here will downvote you and me but it is the truth.
i doubled up. almost triple now...
6 m here, you’re better than most every bit counts. hodl 🚀💎
none on crypto.com for 3 more weeks
you must have just sold! the rocket ship was just fueled up!! 🚀🚀🚀🚀
you’re just trying to find quick profit believe in the tech
i got mine on crypto.com
when you hit buy on shib you can select your crypto wallet as one of the payment options and then cro from there 👍
**a good day, todays going to be.** *-used-guidance-4554* *** ^(commands: 'opt out', 'delete')
how much would 22mil chinks beest worth if 't be true shib hath reached 5 cents? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
back to school boy. learn numbers.
i bought some in march for . last week they were worth .000,00 😂😂😂😭😭😭 and i made only 100 plus, cause i did not believe.
i putteth some wage into hachiko inu yesterday as well. coequal moo cubiculo to groweth *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i am new too, would also like to know. i assume when robinhood , webull, coinbase and more places allow investors to easily buy shib, a lot of people will buy. also, i have seen that people are burning some shib out of existence. i know it is a negligible amount to increase the price, but it adds up. lastly, i have heard that they will release something called shibaswap. i dont really get the full picture, but you will be able to deposit your tokens and get interest on them. if thosands of investors deposit billions or trillions of their tokens, the supply in the market will go down a little bit, and price increase.
you should open your eyes lol! understand the genius move. but not everyone can get it it seems.
why are you even here!! 👆😂
you are joking right, it is still up like crazy from this time last week.
i guess you started by being a shib dolphin \^\^
stop being a pump and dumper
directly listed on binance shib, but not sure about binanceus ...
coinbase , transfer to coinbase wallet and convert to shiba
use cashapp, to buy btc, verification takes about 30 mnts. fees are low, you get your btc in 15 minutes.
uniswap is the official exchange for shiba coin
buy direct on crypto.com i hear soon maybe coinbase too.
i think about ,000
moving up a decimal
i only bought 2.5 million. i have too many other coins i’m in and they are all going to the moon!!
even if the coin gets to to a half cent still a nice roi. i only have 3m myself, just what i can comfortably afford while planning a wedding haha
enough! lol i would be happy with 0,01$
no kidding. people putting retirement funds and their life's savings into this.
doge will never be more than a dollar. when shiba swap drops this coin will be hot all exchange coins have good value. not a traitor. just smart
nah. to many whales screwing with the price i saw a wallet earlier with billions and billions in it. plus i don’t think it will ever break a dollar not sure if it does hit a dollar if it will stay that high
now much would you make if it hit .01 ?
we don’t want .10. we want
facts i’ll probably stay at 2mil and see where this thing goes
he only donated 5% of his shib, chill out.
the shib was his billions. he never asked for it. random strangers gave it to him so he donated it
it’s not mathematically impossible. where do you obtain this information ?
which will be more than enough for me.
exactly and when they play together we’ll get rich.
it's international exchange. us is one of hundreds countries in the world. their laws do not affect everyone.
first 30 days free of fees use my referral link to sign up for crypto.com and we both get :) i had no issues buying and it went smoothly
a holdlr doesnt just simply ask another holdlr what his desired price is.
im not. hodler for life. but i shouldve transfert all my shiba tokens to binance and then withdraw it for the actual price, not 50%
thanks i’ll try it
hmmm... doesn't let me. it will for eth, etc but not shib. seems like cro to shib is down for some reason.
the orignal anti yoda bot may have given up but i too hate you fake yoda bot. i would not stop fighting. (i am also fighting to unsuspend and u) -on behalf of u
not everybody is open minded enough to lol their loss
i think you dont understand what exactly happened
vitalik buterin. cmon you don’t follow news about your token what have you invest in??🤷🏼‍♂️
im hold a lot of coins,but don’t understand random post like “to the moon” or “buy dip” or etc)) its looks like hysteria when everything crash people try ignore real problem and start post some random “positive” shit)
if you made some profit im happy for you
you guys are doing it wrong. let me walk you through it in steps. 1. get a job at wendys. workout your forearms. practice eating bananas. 2. work the day shift at wendy's drive thru. 3. work the night shift in the alley behind wendy's drive thru. 4. take all the money you've made selling and receiving sauce and invest in meme coins. 5. don't cry about your losses, you post your losses. losses are porn and you are now a porn addict. 6. eventually moon. 7. now you're a billionaire. do millionaire shit. yolo millionaire shit. 8. get killed in a freak jet pack accident. 9. have your estate "burn" the rest of your meme coins into vitalik's wallet. 10. have your funeral packed with ex-wendys employees and various sex work customers that greatly confuse your family. this is the life of a shiba warrior: the shamurai. this is the way. \
for some reason you cannot buy shiba or doge with cro (crypto.com coin) on crypto.com. i used to buy doge with cro but as soon as something big happens (like today's doge news) crypto.com thisables cro on doge. they did the same with shiba. now if you want to sell it, you have to sell to a stable coin but not to cro.
supercharge shiba and get free coins to the new crypto.com exchange! i did both, bought shiba and supercharged shiba with cro!
stake and earn interest now on crypto.com with shiba
it's not in the us
same on binance us too.
gas fees are stupid high though...
christ that is a great way to pay massive fees. the "convert" stuff charges fees out the ass, even higher than uni.
i need cb to go ahead and add shiba to their menu damnit.
i bought 2.5mil as well, if it hits even close to 50 cents we outtttttttttt haha, i will be buying more every other day though slowly adding it up
yea that is a no go for me haha. biggest regret i'll ever have though is sitting at my dads table debating buying some bitcoin at 100 bucks a piece and i did not do it. throw a 100 or so bucks in some of these ultra cheap coins and just let it ride and you might hit.
’d be happy with that as that would pay a lot off. whereas at a dime or higher that begins to become life changing.
agreed, but baby steps!
which means he has at least 19 more chances to rug us...and the charities he gives them to, also have 19 more chances to rug us.
lol that was the burn coins. he was not supposed to touch those but i guess its not important to you. if he decides to sell the other 45% the coin your going to lose everything. this is super un ethical and has me thisgusted in the blatant thisregard for other peoples investment. he can donate his own billions of dollars and not use us to avoid taxes.
yall just out here assuming genders...you millionaires are all the same
there is a 13 hour delay fetching comments. i will be messaging you in 1 month on [**2021-06-13 20:47:01 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
reminding you now, this guy is mad he didn’t get the pump
yeah must be the app. i just checked and nothing showed up for me and i have some cro as well.
i don’t understand why tho! it seems so genius! im in this game for the past 10years+ working with top 1 companies defining their strategy in the cryptoworld, and this is just few steps ahead. chess champion
seems someone in here who need to « open his eyes » ahah 👀🚀
no i think you don’t unerstand what happen mate! seriously! this is something great for the community. but people can’t see it for now apparently!
this is like a telegram,the more you write the more you pay🤯...if it is a name,do not reduce it to two letters,write the full name of the person. it's a signe of respect.
you clearly dont understand how that was a god sent to
i've already been doing for years now ✔️
wow. will apply at wendy's tomorrow. i think this would be an excellent way
sell cro to fiat wallet-> fiat buy shib
i bought shiba inu in coinbase wallet 💪🏻🚀 i love it
2bad ... apparantly its a totally different company and that is gotta be why ...
yes it is. i have 32m coins
use gate.io... available for us...
apparently getting listed on coinbase in 4-6 weeks
download crypto.com. took like 30 mins to get verified and no gas fee via this route.
send usdt to gate.io and then buy... easy peasy...
both of these are correct
same can never have enough meme coins!
exactly! i have 3m coins (~) and will probably buy 2m more and then let it ride for 6 months or so. it's an investment without much risk since the price will never really plummet from where it is now. but i'm with you on that, cannot dwell too much in the past, just learn and like you said, throw a few bucks and hope for the best haha
show me where i’m wrong look at bnb sushi any swap coin you search is well over a dollar. i bought kcs when it was 2 it’s up to 12 should have bought more. now i got in early enough on this one to buy a shit ton i still have doge. not as much. to much price manipulation and rug pulls and rh i believe is deep in it and needs to be shut down over doge
what price do you see doge hitting ??
oh either way that’s good money. i want to get 10 mil before it takes off
i red somewhere that there are crypto all market cap can go to 100 tril - we are now 1trill - in 10years much can happen
i guess you could look at it that way, but if vb sells or donated, causing a rug pull effect, the donation basically becomes worthless, right? that wouldn’t be a good look for him, sorta would be like wrapping up a shit and giving it to someone as a gift. do you think that is his intention?
who said? ideally he wouldn’t but that’s totally his choice and shib made that clear, literally, from day 1. they put it plain as day in the medium and explained it. for those who did not read anything prior to investing, i suppose this could all come as a shock. i empathize with them, no one likes losing money, but rule one of crypto is don’t invest what you can’t afford to lose, and rule two is dyor. also, vb lives in singapore dude, there are zero tax implications for him, this is 100% not about taxes. as far as i can tell, shib is still doing quite well, i put in a tiny amount of eth about four months ago, it’s doing splendidly, close to two hundred thousand percent!
this ratio excites me, amerikkka is not as important as you think.
well thanks for the reply. i'll just park it elsewhere and hope they fix .
people want see what they want) im more than ok if 4 billions shib still on my wallet. but need to understand why this is happening) and what is really behind it
i think after this no one dev of new token never burn 50% to vb waller ever.
i think you don’t even know who is vitalik buterin and don’t read any news. because everyone today who even one week in crypto heard vb and his name
youll see soon)) just a few person understand who behind shiba and how this move goes. if you have a public wallet you can’t just withdraw your funds,so whole world will see this. but you can anytime send coins and hide real moves with good word “charity”)
aaah i see! a person of culture
just rent a car and uber drive. 200 bucks a day.
not on [binance.us]( you do.
what's the conversion in bannanas?
i bought another 4mil worth since this comment haha i truly hope this staggering dip goes upwards in the next few days
where do you see shiba getting to?
they know where get as much publicity but it’s popular to a fault cause this bitch is getting shorted but... it will get to 10
lol the facts on this dude. 🤌🏼 *standing ovation*
there are many things that could happen to make it possible though.
guys i know the excitement but lets all be realistic here. i'm not trying to be mean or a buzz kill but these things are unrealistic.
last week the btc market cap alone id 1.1 trillion homie. the sky is the limit. sitting at 919billion now after this dip caused my elon musk smh.
how about when amazon starts accepting shibz
an intentional deflationary action, is still a market manipulation, even if you wrap it up in as a "donation", is it not? honestly, making the whole market shit itself, and then having 16 billion to buy the dip, as everyone panic sells, sounds like a good reason to shit in a bag, give it as a gift, and set it on fire, to me.
oh i would try to explain you with pleasure if you want to understand then :) (im holding billions since the really begining) not planing to be on sold
hm in fact vitalik did not dump shib at all, it is even pretty the opposite. he gave a value to it and prove the decentralization of the concept. it's a pretty genius move. shib will get a tons of pretty good exposure and further more in a country that was thinking about ban crypto. this is the biggest donation ever made in crypto and for a good cause! based on his blockchain. if he wanted to dump he would have sale everything or just even a part and send it into eth, dollars whatever. shib would have died and no one ever heard of it! but no, he send to the foundation (managed by the co founder and ceo of matic) that reply he will do not do anything that could hurts the community. if vitalik dump it now his donation will be equal to 0 publicly and for his reputation it will not be a good thing and as he use to say "legitimacy is everything". this move is pretty more complex that what people are thinking in the first place. noob and panic sale are doing the shit but the projet is going to recover. shibaswap is coming as well and vitalik stick his name to it. shibaswap is being certified by certik atm. soon ready. better be prepared
you was right indeed 👀 0w417 🌚
nem mais,ó santa ignorância. eu sei que ele é um dos criadores da ethereum mas faz um favor a ti próprio meu caro não percas mais tempo comigo. já vi que deves ser daquelas pessoas que lida mal com contrariedades. fica bem meu caro,vida boa é o que eu te desejo.
i read in the news people tried that and got causht out and had their withdrawals suspended or whatever ... that was not cool but they tried to cheat their way in right ...
i’m going to probably get some next week
idk. if it hits a penny i’m up ,600,000. a simple search on coinbase for swap shows all exchange coins way higher than a penny. most are a over a dollar the lowest is like .09 and i’ve never heard of the exchange. most are well over a dollar. it would take a lot of doge to get me to the same amount of money. even if it hits ’s still a lot of doge to get me to to where shiba would if it even gets to .001
😆😆 got him good, did not i?
we were told to hold the border
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u don’t know shit about crypto
why should they ?
vb had nothing to do with the market dip though, right? people are accrediting that’s to elon, as his tweets obviously impacted things. i highly doubt vb has donated his other currencies to stiff the receiver, but i suppose you never know. weirdly bullish for shib though, it suddenly became a household name and the people selling the donations are intentionally trying to keep it up so that it stays valuable.
im hold since end of february. its good to help india. but why he donate only shiba?) you dont think about it) he has a tons of coins. its not only about donation.
and now you understand who is a real creator of shiba right?)
so what youll tell me in a few days when shiba drop to start price?)))
idk, just a thought
why could they? you may ask... a: 1: to pump its nft arts 2: to pump meme coins 3: to integrate a crypto of choice... what would you choose if you were bezos...? 4: ... carry on cadets 5...?
a marketing ploy, covered as community action, when the community did not have any say in the matter, to me, kills the idea that it was a "shib community donation", and feels more like a shake down, at least to me. nobody hit me up on my dm's and said, hey bro, mind if i cut the value of your shib portfolio in half, so i can give it to someone in india? musk carries too much weight in the crypto world, as does vb. a household name? not so much. "the people selling the donations are intentionally trying to keep it up so that it stays valuable."... until vb rugs us, again...or india, in desperation cashes out, once we get the coin back up to the value it had when it was given to them...aka they cash out at around the .00004 range or so, when it cost 250 usd for 7 million shib...and poof, there goes the downward spiral again... if it cost a billion dollars to get 70k new subscribers on reddit, i'd dare say that was advertising money very poorly spent.
he did not donate he donated 500 eth and 50 trillion shiba. for the face value of 1b
check my other answer above. but it’s because he affiliate is name to shibaswap which is based on erc20 so his blochain. also cause shib has made a big pum like never! went from 2900+ to 16 position. . he knows that we will survive this and it will help promoting + india lives and crypto politic.
you asume vb is behind?
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hairy muff ... i mean fair enough :p
why do you keep saying vb rugged shib? he didn’t even sell any. also, look, shib started out as a joke, a meme, nothing more. it was known from the beginning that this could happen. the coins were given to vb as the literal first thing that ever happened. it wasn’t a marketing ploy at the time, it was just a choice they made, never expecting a meme coin named shiba inu would somehow gain massive attention. there’s a lot of retroactive blame being placed here when it was, and still is, really nothing more than a meme. shibaswap is a fun thing they’ve planned from the beginning. i hope to see it happen, but damn man, i knew what i was getting into when i bought months ago. i bought a meme, nothing more. it stinks that it took a big hit, but crypto does that. look at the liquidity on uni, it’s going up, and fast. the same people who are telling us vb rugged is and sold all his coins (again, he sold none.) are the same whales refilling their shib bags.
why he just don’t send eth? or any other coins with money equivalent. or few billions different coins. and the same day indian biggest exchange list shiba🤫
who knows 🤑 the same stori with satoshi)) and btc) its a perfect psychological game. and i hope you know who is dan pena) its an amazing time what we live,to see all this stuff and games with crypto like shiba. we will see how it goes soon) and now we are know so exactly after this dip after 5 days they launch shibaswap. just screen this comment.
200 million here, holding since april and have no plans to sell anytime soon
unfortunatelyim only a hodler of 1mil shib
7m i feel excluded now.
i have less then 25 million so i got the un-like button.
94, and buying more.
if you hold ~~more than 25 million~~ shib hit the up button, you’re all kings and queens. ---> fixed the title.
every time this is posted the minimum goes up.
what’s the point in this post. it makes the smaller people feel like they don’t matter. this post is fud. all holders matter. just another karma farming post….smh
so you wanna say, all holder with less than 25 mill shib are useles? u know that those are the majority of holders?
32 mil hodl strong
102 mil holding for at least a year.
i have 40 millions, holding since august. ' lambos incoming 🚀🚀🚀🚀🚀🚀🚀
27m here, i'll keep buying dips until 100m!!
only holding 6 million, getting another 6 this payday
well had to hit the down button i only have 6 mil also this sub has to forbid the "hands up" and "up if" posts
just north of 202 million here.
im at 24milli but i upvoted anyway because you cant stop me
145,000,000 since july. amount sold: zero -> hodl
20 million only but will be at 30 by next payday.
8.6mil shib holder, i dream of 25million
i guess i'm not royalty. i only have 16.25 mil
i recently got 218 shib! when get slice bread?
i bought 250mil right before the big rally. wish i'd done it a week earlier. ah well.
holding 35 mil. share some up votes
172mm. waiting for a little dip to round to 200
only 41m here, but i still buy some
have just over 20 million, working on getting more over time.
damn i got 22 lol
35 milly and counting
half way there. 11m
took profits on the way up. 500 milly holding
40 million, will probs buy another 60mil next week.
i am a fucking princess!
41 million baby, when do i get to see my fellow kings in public, as we throw the biggest, craziest, millionare party haha 41 million baby, when do i get to see my fellow kings in public, as we throw the biggest, craziest, millionaire party haha
i'm currently trying to drink enough pre workout to hype myself into putting 1 btc into shiba
getting close! about 3 mil to go!
wellp i've only got 6.4m, maybe another 6.4 at the end of the week. guess i'm a nobody though and should just give up.
46 reporting for duty
30 mil baby! let's get this thing to mooon!
up to 9mil now!
out of interest how much would 25mill cost now ?
35,777,000. i refuse to buy more. seems lucky.
only 20m shib but i’m a long term hodl. it’ll change my life or go to zero. no in-between for me.
only holding 6 mill but in it for the long haul.
ehhh 19.5 not going anywhere till its dropped all its zero's lol
nearly 70 mil here, do not plan on selling any time soon.
i am only 5 million short :( does hitting the up button make me a poser, or just a prince??? happy november fellow soldiers! may you forever be in the green! \*nfa\*
if you buy a few months ago 25 million were just under
i only have 8 million shib... it isn’t much but it’s something
210 mil. holding since may. will hold until 0.10.
had me in the first half, not gonna lie :)
100 million club here
i’m seeing everyone’s goal is to get to 100 mil. currently on 47 mil cos i sold 7800 dogecoins that i got from ebay in 2017 for 20p for £1600. put it all into shib and my plan is to also go for 100 mil so it’s a nice round number as even a realistic price of 1p would be very nice and life changing
i only got 11.8mil
i got lucky. i put (springtime) many were rugpulled. cough cough bonfire
400 million and i just bought
40 mil trying to get to 100 mil
10 million and holding strong, its not as much as other but i contribute what i can.
25m and just bought another 5m because of this post. apes hold strong 💎💎💎
not even close q-q
1.2m shib, no plans to sell til i see at least .01. would love to see !
can i be cool if i only have 20 mil?
no way selling my shiba, been a killer week for shiba and evergrow
i have 13mil i do wanna round up to 20mil
50,270,670 i have a daily buy setup.😏
222 million lets moon boys for lambos and strippers
dropped 50k on it last week :)
51 million shib since may reporting for duty.
only hodling 3milli 🥲
56 million and not selling until .69
i like this club. proud member
holding 26.41milliom, honestly wish i would have bought way more at 0.0000069. avg out at 0.000019 now with cost avg
135mm. had 155 but i fucked up and sold 20 for a loss.
everyone should have at least 100m by now. yall had months to load up.
another copy and paste post…
sold and took the 2k
if you hodl 1 or 1 billion, keep it to yourself. it shouldn’t matter to anyone else how much other people in an online community have. if you believe in it, buy it. and buy whatever you can afford to lose.
downvoted. this is such a dumb post. good lord man. let people who start out just start out. do better man. not everyone saw jerry.
damn i gotta start making more pointless post like this. i want myself some karma.
i hate these posts
84 million shib holder reporting in...
i did but sold at .000023 :( but bought back in 12.5 mil at .00005 lol
39 mill oo de lally
we are almost 400 k redditors in this shibarmy subreddit!! woof woof i'm diamonding my hands badly, my moon is not here yet, let us kill 2 more zeros and let us start with the first one. there is still so much going on for us, we do not need a bipolar billionaire on twitter, we do not need robinhood liars who sell your data to the hedgefund managers. we only need us!!! ' go shib!!
i am holding but my target profit is not so far from now, i am already ok with x100
in germany, if you hold the coin longer than 1 year, when you sell it the profit is tax free
100 mil and counting
kings or queens of what? stop it
i already dumped... i'm no idiot
52mil checking in 🎢
and you really think i believe that is your plan? lol
how do you do, fellow poor person?
hey your a holder that’s all that count 👍
i got 3 mil. i want to buy more but those fees suck
let’s get gemini as well. this would be good opportunity for them. i just posted on their wall and tagged robinhood. it can’t look good for robinhood to not list us right now. let’s keep the pressure on them.
your a holder keep it up!! buy the dips! keep it up
i know right? seeing all these high holders i feel the fomo but i cannot afford more
just wait until the next post that says "if you have more than 5mm shib, help me farm karma by upvoting this same post that we have here a dozen times a day!"
yeah, gonna have to unlike it as well. not even close to 25 mil.
honesty is a virtue 🙌
i got 9 million only dammit
mostly with you, but before this my goal was 20, now i figure why not 25? so there’s that.
that’s a good plan! keep it up king 👑
keep on going you got this!!
forgot to mention that i'm playing the burn playlist on spotifiy as well!
hahahah just buy one more dip 😉
now this is what i like to hear 💎
your royalty! keep on building your wmpire
this sub reddit is the worst i have seen for that
no man, keep it up! your doing good! got to start somewhere
almost 1800$. for future just do the amount of shiba you have times the current price of shiba and it will show you. example 25,000,000 x .000071=,775
hey you commented that means your in the circlejerk
no your a hodler keep it up
hahaha don’t judge a book by its cover;)
how much did you pay for them?
you're already a millionaire lol
really? a lot of people are new to crypto dwight schrute…
i'm new to the party. wish i was not a normie and had known better.
ok shitlord, spot me the cash and i'll buy it up no problem.
you heard the man!!!
i like to hear others holdings it fun and creates a good community
do you have any reason not to? you have a right to be salty but i got on this train early and i am not getting off till the last stop. you know the old saying, "the early bird gets the worm"
lmao... at least you're funny. something money can not buy!
thanks! im still putting in whatever i can afford to lose! slowly gpin up
why even saying “if you hold more then 25mil” then? it’s stupid and you contradict yourself
what platform are you using? i’d suggest coinbase pro… super low fees and then you can transfer to any other wallet.
it be feeling a bit expensive with the price going up 😆
i had such a hard on for doge and safemoon i didn’t take shiba seriously. bought 100 bucks worth a few months ago. up to over a thousand bucks. lesson learned.
i was gonna do that anyway
the whole coin is a pump and dump the point of this sub is to get advertisements
show me the money !
no it does not. this is not 4th grade kid...
i'm new as well.
sub 1 mil holders trust me you are early [ ' current count as of now holders: 886,148 ( 0.808%)
you had months to buy it 🤦🏻‍♂️. 0.000005-0.000008 for months.
everything you’re saying is right except that you’re missing a point, i got in last year lol so way earlier than you. it’s not very wise to wait for someone to dump on you ;)
but it can get you money...
disagree. people laugh all the time a rich people’s jokes. 🤔
same, i'm on 1.3mil but hey we got to start somewhere, this is just our firsts steps into our mansion man!
true but compared to what it will be in a year it’s cheap 😉
exactly!!! shiba to the moon
oh wow that is cheap. do you think it is too late for me too join in ?
holy smokes! i had no clue. this excites me.
to put it into perspective, doge has 4-million on-chain holders, and shib is already contesting it is market cap
like i said, if you think i should have 100m by now, give me the money and i'll fix it. otherwise shut the fuck up with your elitist condescending bullshit.
well then what are you complaining about? shut up and hold lol
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lol i know everyone on here saying the shib ride is over just plain do not understand people or the effect that very good marketing and word of mouth can have. fudsters think this ride is over i'm here to tell you it has not truly begun. buckle up and stock up.
you had months to load up buddy. don't be mad now.
i am not complaining, i just don’t want when my target profit will be triggered to cut your profit by 20% without giving you at least a warning.
ah, you're one of those. not worth my time.
i doubt you have enough to cause a drop like that, but thanks for the warning.
then shut the fuck up
until financially my life changes, i too shall be holding. not just paying off debts, being able to retire in my 40s.
2025 at a minimum
i'm holding till my balls shrink
i’m holding til i retire from my govt job in 3 more years
if shibaswaps stake rewards start coming good and giving a good amount every 2 months then theres no reason to sell at all. passiive money is everything even more than drawing it all out.
holding until the end. wether i come out with a couple of bags of money or some lint.
long term capital gains. so just chill out, log out of all your crypto apps and hold.
i'm holding on until i can take the boys on at least 5 drug safaris
i purchased yesterday morning 🤦🏻‍♂️ so i’m holding now for a while! buy more today? hmmm
are all hodling relax! stay zen 💎🙏🏽💎 let’s fackin gooooo 💎🙌🏼🚀🚀🚀
just keep on staking it!
hodling until i make millions off this shit!
i’m holding until it reaches ! however long that takes!!!
after a year might pull out just initial investments and then hodl for the long haul.
hold so long until you forget you holding shib then shib will hodl you 🚀
finally bought a dip.
even if my amount goes into the millions i'm still not selling. i'll live off the stakes
i'm hodling till we're all multi millionaires...
not selling till .10
i trust this coin, more than any other one out there, i'm holding till its life changing money, or bust i lose everthing...my initial investment is worth the price of admission...🚀🚀🚀
holding til 0.1 🚀🚀🚀
i bought shib for . in my mind if i lose money it is just the initial . i'll hold at least until 1 shib = :)
holding until .02 to account for taxes
definitely waiting for it to be listed on robinhood. i’m trusting that it will increase exponentially and if we steadily invest, our profits will really benefit!
and buying. converted some eth yesterday. converted the rest this morning!!🚀🚀🚀
next year is only about 2 months away, so i will be holding.
until 2025. wanna see how this all plays out
i won’t lie, i sold some last week because i needed the money but i’ve already bought them back 👊🏼
2025 and no excuses!
buy the dipppp 🦍🦍🦍🚀🚀🚀🌝
if memory serves me those who held doge won big! im hodlin.
staking for 2 years min. thinking about burying the rest of my bag too.
exactly holders passed 900 thousand yesterday. plus kraken, robinhood to list shiba in the very near future. so everything is looking good. not worried one bit.
i’m holding until it does what i need it to do. however long that is!
it took doge 5+ to get where is right now so i’m holding for at least 5 years.
i have to i just staked all my shiba.
this is a small dip this will go back up. there's too many of us on the side line
i'm retiring before 30 cause fuck everything! i hate being poor! and if that means holding for another 2, 3, 5, years so be it!!
hodlin for the next five years buying the dips and hodlin
holding for 5 years at least
at a minimum, i’ll be cracking 50 million tomorrow! goal to get to 2.5~5 million to retire comfortably
holding at least 5 years, shiba is huge.
until next 10 years!
holding til i can buy me and the boys are private island 😎😎😎🚀🚀🚀🚀🚀
the longer you hold, the more it will rise, the supply will shorten so do not sell and you will watch your assets grow, there is a limited number of shib so it will eventually become valuable, recruit everyone you can to invest, that is how we'll get there
hold this for my kids, they can have it when they turn 18
would hold it for a decade :)
next year and than off to jupiter.
buy and hodl forevaaaa
i’m not fucking selling
holding for 2 years at least...
i have 35mil. i want to buy the dip. but in ny state i cannot directly buy from coin base. the gas fees are too high. so just holding on to what i have
right here!! everything staked till january.
its all staked til next year. have no choice. lol
clearly people are selling like crazy right now.
i will hold until next year unless shib gets to the point where i can make enough to pay off my house
i do not have , so could be longer.
im in this for the long run !
just bought 2.5 million more
holding 80mil shiba atm my goal ist to hold until 0.01 aell 10 mil off for 100k for dealing with some shit rest will stay until 0.10 there i will draw another 40 mil fir 4 milß before until my feeling says thats it probably 2025 of all playa out well
when a zero is removed in the supply due to token burning, i'll be there. when shiba eats another zero i will be there, when shiba reaches 0.01 there i will be. so i do not know if that answers your question?
anyone who does not is an idiot. no short term capital gains tax for me.
i am done with these holding posts
me and your wife agreed to hold until your investment can make us filthy rich...and i mean really filthy...think way past
to infinity and beyond!!!
hodling for 5 years
i’ll always have shib i’ll pass it on to my kids.
watch next year pump like doge
foodstamps or lambo, there is no in between
1 year minimum, i feel like a lot of people here do not know how taxes work 💀
will buy more when it gets lower. will hold and continue to pump for the next 2-5 years. i’ll pull 5-10% profit when it gets to .10 (maybe) just to pump into something else.
my grandchildren will need to buy bricks for their house on mars. they can sell it as they see fit.
holding for 5 years automatically. all my coins are staked
i already sold my shib. i had 14 million at an average cost of .00003 so i can’t complain, sold at .000078. i wasn’t in it for the long run i just wanted to make some extra dough and i knew shib would keep going up. going to be honest though i think the hype will die down in the next 6 months to a year and it won’t be talked about much anymore, but if i’m wrong congrats to all you hodlrs :)
prob gonna hold till 0.0005
hey i lost those words that they gave me for my shiba wallet and i need them to log in again any idea how to get them from coinbase?
depends on price movement. if it starts to tank, i'm taking profits
sold last weekend. market cap matters
sorry guys, i sold my bags... i was a very fun ride. i will put some money in new projects like bitoshi which have >1m mc and can moon just like shib with 100-1000x. to be honest, shib wil not go 10x any more... even with the news of that big whale 🐋
no doubt! this is the way!🚀🚀🚀🚀
i shake whatever amount of shib added to my portfolio. in germany we have to hold at least 12 months to be tax free when we decide to sell
i'm holding long term. all or nothing for me. this is the way!
always been a long term hold for me 💪
and the next and the next until i do not need to work anymore!
holding for some years, let’s go retirement before 50!
where are the mods at?
next year & next year & next year & next year 💎💎💎💎✊✊
i hold it for my reincarnation
\*irs has entered the chat\* 👀
i´m holding. and my wife and my mom will hold, because they got no idea that i swaped some cryptos to shiba in their accounts.
until the robinhood pump
at least being the operative word
the way the price is dropping i may as well hold out forever. no use getting out until it really takes off, if it ever does again.
i holding until 2025, if not longer
i am. i only have .001 i'll leave it a bit longer bc .01 would be 👀
well, this investment should pay off my mortgage if we go to 1 cent ... so if that takes 2 -5 years, i am hodling
no reason to sell, this is a home run swing.
no one if you continue to ask this question xd
long-term for me. not sure how long that will be, but here’s my plan: take out 50-60 percent when i get to , get a few things in order, buy more shib. going to pay down student loans, pay down some of the house (i’m hoping to be in one by then; larger down payment if not), and finally replace my car. it’s a good little car but i’ve had it for almost nine years. anything left over will either be reinvested for myself and the wife or put into the kids’ 529s.
me. tho i just joined this subreddit
why hold for years when it is a currency that you do not need to sell in order to use? (when it is value reaches higher)
holding 1.3b for the next 5 years
i plan to hold indefinitely. this is not the stock market. buy now while it is low, and stake for interest payments. when it is on the moon, you can just live on interest payments and never have to pay the government a capital gains tax, or worry about inflation rates. 1% apr in 2-5 years is better than 39% tax now, and inflation is at 5%. why would anyone want to have their money in usd?
i'm taking profits before the bear strikes
i'm holding until mass payment adoption, then i'm gonna buy me a rolex as a thank you to myself for having diamond hands! 💎 🙌
two years for me
holding until i'm a millionaire or i lose everything
holding and staking for the next 10
to next 5 years at least!
bro, i’m holding till 2024 at least!
holding untill i'm a millionaire and beyond!🚀🚀
i’m holding until i can get my family out of an apartment and into our own house here’s my shiba wallet if anyone wants to help
not only holding but adding as well.
man we drop a little and ppl ask questions like this? if you can’t hold when it’s ugly then you don’t deserve when it hits a penny
already pulled 3x my initial investment leaving the rest for eternity
i’m in for the long haul
holding 5-10 years for the kids might take lambo profits at 0.001 most i sell is 10 percent of my bag
holding till it hits at least
a few years most likely
holding and buying more!
keep till 0.1 i'm not in a hurry, patience is the key for crypto.
7 to 10 years very close to just removing my coinbase app and carrying on with life as normal
i have 40 million shiba. i will be the necessary time up to .
long ass time right here. i'm not concerned about it hitting .01. it will eventually. i'm more concerned about people wanting a quick buck who panic and prolong the jump to generational wealth. this thing will surpass .75c in my opinion if only for an hour at some point. buy and hodl!!
5 years or less
at least next year. don't wanna get hit with the 35% capital gains tax...
how high can it actually go though? to 1c?
long term capital gains sounds way more appealing.
at least 2025 for me too. crypto needs time
i'm about to re-stake all my shib for the next three months. i'm trying to time it so that the term will be completed on my birthday.
i bought my first shib in may. i'm holding a little over 150m now. supposing we reach 0.01 in future, when i decide to sell part of my shib, how much tax would i pay uncle sam?
selling a third of mine at .001-.005. then "hodling" till a penny and selling another third. last third will be for my kiddos whether it busts.
got 20 million coinsin crypto earn for 3 months
lost 8 thousand from profits but still holding painful but still holding!!!!
we must hold for a long time so we all can reap the benefits of our hard work 💎🙌🏽
i am for sure and just bought another 1.5 mil which is
i’m holding for life, bruh
holding until i hit my exit goal
if i was able to hold an asset sitting at -3000 for 9 months and hold when it goes up. there is only 1 way and it points to the stars!
i’m holding for life. i believe that in the near future the fiat currency will lose its value and everyone will be using a crypto currency to barter with.
big stonks, chimkin nugger rewards, yummy meat bones & tummy scratch rewards
☝🏻☝🏻☝🏻 and buying the dip!
next few years .
i do not even know where the sell button even is. soooo. holding is the only option.
i hit capitol gains in march
lol next year? we have so many paper hands, that we’ve leveled up to sawdust hands.
i have no idea where the sell button is for coinbase
i’m holding to be a millionaire... dafuq we are almost there people don’t panic.
eight years plan, when my daughter finishes college and graduate school; then bam :) i have a surprise for her.
i’m staked until january so me for sure 💎🥜
5 years or .01
i didnt plan on selling when i bought. this will be the futures legal tender.
i really hope y'all are looking in to nft gaming, and in particular sand. before you know it well be living like 'ready player one'. sand will be the unthisputed leader in the space. do your own dd
we all are. no dumb questions please.
holding to 50p lol then i’m collecting my ms
2 months till next year. i'm in it untill this toxic relationship i'm in drives me even more nuts and i can leave into a new house.
everyone who got in early and is staking on shibaswap 😜😜😜😜
2-5 years atleast !
i feel like inbetween. half are and half are not.
holding till i at least see shib at 1000
already staked on binance for 3 month.
i'm... this shib has so much potential
man, i swapped for sol right before it exploded and was holding 100,125,000 i will build it back up and sol was a great choice! i definitely lost the opportunity of about 2k. shib has been wonderful to hold.
forever, i forgot my wallets password.
can't sell when eth gas is 50'm good to let it be buried!
stupid fuckin question. each person will hold until they profit enough to be comfortable.
at least till next fall unless it goes up to 0.001
from .00007 to .000000000 is the goal for me
anyone with half a brain 🧠 i hope.
at least a few years. wtf is 1 yr?
selling at at .25
the reason why i’m into shiba is because of the community. so no holding back man ! ❤️
paper hands right there!
i'm holding until 5087!!
one day in 2 or 3 years i’ll post a screenshot with massive million dollar shiba gains. can’t wait
these kinds of coins are too volatile to trade. i buy and hold until the project dies, or does not. it's a gamble but that is the best way i've found to make any money.
this time next year
can anyone do the math based on past growth and make a projection for how much shib will grow six months from now? i would do this myself, but me stoopid
meee. have no other choice. because i believe in
i have a trade account and a long term hold account. was originally split 50, i have grown my trade account! yesterday i removed my position from shib on my trade account on the mini pump that it had and moved it into asm. asm is finishing up a bull flag formation and should pump later today! once it pumps, im moving all of the money back into shib. hoping to have 10b shib before the next big pump!
no choice now, i’m down .
holding till the end of the road. no rush
holding till the bag shows
i'm hodling till i can afford to impress my wife enough to leave her boyfriend.
yes i am… i’ve been tested to trade out into other coins that are pumping but i now have a base that i’ve staked, and are just inflowing some profits!!!
i'm literally using shib as my main currency
holding till it goes to 1 euro cent at least. in the meantime just investing a few hundred euros every end of month when i get paid.
holding long term. years
i am! smartest thing to do in the us at least!! crazy high tax rate if you sell within a year
since the first day, 5 years was the minimum for me. i am not moving. i either make something or sink with ship but i am not settling.
holding till i can pay off my car
bare minimum is 1 year for me (oct 2022) but i plan to hold for a long while
next year? that shib is gonna be in my account until i die. not even gonna sell if it hits .
i will wait when we are landing on mars 🚀🚀🚀🚀 holding it and i will see where we are in 2025 🚀💎
it’s gonna be a 2-3 yr hodl or . whichever comes first
2030 or a penny whatever comes first
general…holding consider them held! 💎🙌
holding until i’m a millionaire
holding till 3 dollars
well i certainly am because capital gains tax
i’m here for the long haul
i'm still planning on getting at least 100 mill into my holdings... i'm sadly sitting at 11 mill... so hell yeah i'm holding long-term... whatever the case maybe...
holding & buying every dip!
not me. i paper handed at 400% gains because the market cap was around 54 billion which is insane. sure, it can get to more than 88 billion, but i'm a greedy bastard so my money is in
🖐 🖐 🖐 🖐 🖐
not selling, i will be borrowing against shib and still buying more 5 years from now.
dumb question but how many shib would need to be burnt for the value to swallow up another zero! my maths is terrible. i know there is 400 trillion coins but my understanding is 160 trillion has already been sent to a dead wallet (burnt) which means only 240 trillion are left in circulation ( even though the exchanges don’t reflect that)...
is fiat of cryptocurrencies, the world will be using to make payment
holding until i'm a millionaire :)
as long as it takes to explode
hodl till the moon!
not selling for loss for sure
i’ll lose it all before i sell
slowly but surely,,, 10yrs
5 years i expect 50 cents
yep and staking, taking that extra and re staking for compounding interest !
leash could be very huge!
until i remember my password...
1 year minimum hold unless i see 7 figs lol then sorry boys, diamonds till then!
have one wallet for selling at a certain number another wallet to hold indefinitely cause you never know.
next decade. worst case scenario i’m out a few hundred.
at least 5 years
5 year plan holding buying and staking
yea im long terming this. finally getting in on the ground level of something, lets roll!
forever holdin’… never foldin’… at least for the next 5 or so years.
i sold too early. i give praise to who stuck it out. but unless youre a day trader, holding long term needs to be seriously thought out. i invested in pornrocket because i am not a trader. i want long term. just saying. not knocking shib at all... i wish i held some for sure but again... just sayin... peace.
maybe december or january and covert to a couple bitcoin 🤓
even with the dip shib has gone up 692.89% so as an example, your .89 in a month if you bought in right this second. don't be afraid of the dip!
i'll hold for a year or 2 see if we can get a burn rate up to the billions or trillions. if not i'm selling and moving back to stocks
this feels like a bot
holding till we reach pluto and beyond!
like out of nowhere we unite and reach 10 cents. just think about it eventually it had to reach higher right?
figure 5-10 years. i do not need the money right now. and unlike the dreamers i do not think this will be turning me into a millionaire anytime soon. got 12 years before retirement, would be cool just to have a few million by then to supplement my retirement or just pass down to my son. bitcoin did not turn into what it is overnight, took years so i'm staying in that long haul perspective.
when it will be enough for my early retirement.
hld a little catzcoin too 😸
when shiba hits 005 i will sell my current home and buy a house on a lake. then sell 1 million shib monthly to live off of for the next 20yrs.
yup, staked and earning interest 💎🐾💎
it’s at 60 rn…. foolish ones are abandoning ship. to soon have they forgotten the 98 we scratched a week ago…... to. the. mthrfckng. moon. 🚀
bought 2 days ago serious question... where lambo ?
no stopping till financially secured,and help others,locke gme crowd did and amc crowd did,hodl
the devs need to implement their nfts. and burn features so we lose a zero
would love to just stake my shib, but the gas fees are too high to make the amount i have worthwhile. either gas fees need to get lower or a crypto exchange needs to offer staking on shib. so it is just sitting there whilst i focus on my rl work to make money.
i have 4.3 million coins so ill hold until it reaches a few cents if the circulating supply drops
100million at a good entry, it’s a lotto ticket at this point. multiple commas or deleted from existence is the only way i let go.
half of my holdings is staked, the other ready to sell if i need to
holding until i make at least a mill
i'm holding for longer but which is better if you want to sell in future into bank account. crypto.com or coinbase? i'm having issues navigating the former to sell if i wanted to in 5 years time.
yeah fuck it why not
all or nothing ftw
wish i had never touched it.
mandatory hold until 2030.
is it on kraken yet?
start pumping other coins as kitty inu , the money is there, not in shib atm
over 500m here. not holding til next year. holding til .01 hodl damn it!!!
where is shib's next support after it loses this level?
holding my first investment of shib for five years currently in shibaswap, i will continue to trade in kucoin but with the goal to load up more.
let’s be real, people will hold until gains or selling at a loss if something new promising comes along
the account will be for the kid. 2038 atleast.
due to the burn this one has potential to hit over
holding and loading up at the same time anyone with no patience should sell please do not complain i no the roads tough but shib be king eventually we will rule the world shib will be thee status symbol
well where i live, we get charged capital gains tax on crypto withdrawals. after 12 months, we get a 50% thiscount on that tax. so i have to leave it in for at least 12 months or get hit by that. i bought most of my shib in mid 2021. in saying that, i would leave it in there regardless. i'm not happy making a few . i'm searching for millions... at the very bare minimum 100's of 1000's.
listen up everybody there is no need to sell crypto and converted it to worthless fiat paper dollars, soon in the near future we be able to pay with crypto for everything you wish for💎💎💎🦍 466 mil strong. never selling
tbh i didnt think selling untill 2025
i’m holding until june
hodleing 500 million shares
i'm never gonna sell out i'm going to wait five years to sell all my stake rewards and that is it.
me and my 300 million tokens sitting on it for a while
[ am i dumb for buying late?? or is it still the beginining i sold doge a 5 cents like an idiot.
i’m holding till my price point that’s about it
hold till 2025 then we will talk
a minimum of 5 years for.me. i do not think we will see another like this again in 2021. i feel systems in place to burn tokens need to rollout, people need to sell and buy back etc, get some movement. my gut feeling april 2022 we may see a little spike but nothing like the last few weeks
i just bought more! 💎😂
just tested 58, now we just need to break 72.
lol sick little dip was waiting for that to drop 5k
i am holding to 2023
what’s my username!!! hodl shibs.
going to have to cus’ nothing is happening now!
i’m holding until it changes into a life changing sum, then i’ll probably pull enough out to change my life and leave some holding. all i really want is to ensure that my son has everything he needs to be educated and successful without the stresses of financial security. my dad worked 7 days while i was a kid to give me that opportunity and this is how i believe i can pay it forward because i make coffee 😅
i'm so grateful to be apart of this community. you guys are awesome!
holding until we are at.005
i already have my shibs in stacking for 90 days so yeah, until next year at least
to much to burn to hit .01
just bought another 13,000,000 let us go boys, buy the dip and strap in for the long hodl.
im glad its dipping imagine panic selling 🧻 hands
next year is too early 💎🙌
five year investment for me
we should be holding until we use it as currency
easy next year is around the corner haha
i will hold until it hits 1 dollar, i only put 200 dollars in so i don’t really care, as an 18 year old, i have time to wait.
you know it! shibarmy strong 💎🚀💎
i traded for amp when it was going up. traded amp back to shib and picked up another 29 mil
i stay holding, bro.
i will be for years to come
i need some assurance here !! is shiba a scam like squid? does playing those burn playlist actually burns shiba? those posts in twitter's shibburn say several million shiba burned every hour !! is that true ? tell me it is not a scam and yes to all other questions, i am f\*kin holding for at least 10 yrs to come !! if all these are true, i cannot even imagine where the price of this will be ... maybe even longer if i am not in need of money, maybe my kids will inherit ...
holding till we hit or miss. lots of paper hands in this group. if your worried about losing $$. i have thought about selling but please remember if your not ready to lose everything you will never win big
well i’m buying weekly until at least next year 🏆
i hardly put anything in. i’ll just let it ride and see what happens
next year? nah, for life babey 🚀🚀
i'm buying more from this dip and i'll be holding for at least 4 years!
whatever happens , 110m shibs here 🤞🏽. holding for the next 5 years.
my plan is about 5 years
i will hold until it hits a penny. depending on momentum might be longer
i’m hodl ing into 2023 that’s the plan hope i can do it.
2 year hodl and then assess from there.
until i can afford a forestry machine so me and my dad can start a business together.
hodl shib till 2025. i’m not fucking selling!
staked on shibaswap for the long haul.
i’m holding until it reaches a $
i’m staked into mid-january
i’m holding for 4 more years. then retire.
holding trying to set up to mine shib
i’ve been hodling for 9 months now... this is easy lol i keep staking my shiba on crypto.com for 3 months and as soon as they’re unlocked, i stake them for another 3 months after 💎💎💎
i’m an og ape heavy in gme and amc. of course i’m holding.🤪
holding for the next 12 months minimum
my theory every year with crypto, wait until after the holidays. how many people gonna be talking their drunk relatives into buying shib? i know i am!
i'm holding until i can comfortably tell my boss i'm retiring.
i need at least .001, so i’m holding.
i’m holding until i can tell my boss to fuck off.
i’m 💯 holding!!! it’s a joke that people are panicking and even considering to sell. shib is less then 2 years old, in reality the real coin activity is about 8 months old. if you believe in the coin, then it’s a no brainer to hold for at least one year! november 2022 this will be life changing, sit back, relax and enjoy the ride!!! 🔥💥🌙🚀💯❤️🙏🏻🚀🚀🚀💪🚀🚀💪💪💎💎💰💰🍩🍩🍩🍾🍾🎉
if you want to 🔥 🔥 🔥 your shib tokens, send them to this address:
so more things to come too early to even think about selling let’s go 🚀🚀🚀🚀🚀🚀🚀
i'm hodl for the next 5-10 years of necessary
i plan to hold until 2025-2026 and then make a decision
80% staked for 70 more days so yeah im holding til 2022
5 to 10 more years, at least!
holding till 2025 or until shib gets to .0001
definitely holding, not worried at all. as they introduce the l2 chain shib will continue to rise
the question should be why the fuck wouldn’t you hold! diamond hands people!
i’m holding for the next 3-5 years
what’s the return on staking? where do you stake?
yacht or food stamps. let’s go
yea i’m holding , hoping for a huge gain at least 200x or more
i just hope shib can level off and stop dropping bc all the new investors are going to get cold feet and sell out
i’m holding till it’s worth a life changing amount. penny or bust!
the rug will be pulled long before that. think about it, for 1 day last week shib had more volume than ethereum... and could not even get to 0.0001. that means it will take trillions of dollars of daily volume to get anywhere close to it. the fact that all the idiots here are holding hundreds of millions of this crap should key you in to the fact it is never, ever, going anywhere. for shib to do what people on here keep saying it would require a market cap 3-5 times more than bitcoin. lol. "oh but the burrrrrrn"... yea, a very small amount of shib is burned for qualifying transaction. except nobody uses shib anywhere to buy anything and never will to a scale that will put a noticeable dent in the ever increasing total supply. enjoy your worthless bags.
took out my initial investment and dumped it into saitama and i left the rest of my bag to chill and gain for the long haul shib to the moon then mars and past not sure why this got down voted but oh well if you have all your eggs in on basket that’s dumb
i just started to buy last weekend .i have nothing to loose .just keep them until we reach bitcoin level
on some real shit, everyone needs an exit plan. took mine when it was .000073 and it has now fallen around 20% since then. if i wanted to buy back in with the same amount i'd have a couple hundred million more than i had before. ' diamond handing is not the answer guys. be realistic and have a fucking exit plan. you're fooling yourself if you think this has more than a 120% upside from these prices...at the fucking most a 100 bill market cap but even that is a fuckin stretch
you do not lose much if you sell and then buy again when it is low. you might actually make more in the process. besides, how can anyone believe all the hype if nothing has happened. less talk, more action. burn more coin, get more exchanges involved, more pumping. pump it up!
sounds good to me, make sure to stake as well! :)
being in my late 30's, agreed. had a coworker just pass away a month ago. he was planning to retire at the end of the year. he did not even get to enjoy his retirement even 1 day.
this right here. same thing i’m holding this bad boy until my kid is comfortable for life.
i right there with u!
these hands where built for holding 🚀
i already told myself i’m holding for 5-7 years. i’m either driving a lambo or nothing. holding 48 mil currently.
nah... i would not do 5 years... because i think shib is going to hit high in the coming months!
slowly pumping the whole time
💎 hands all the way!!!
took out my initial investment and dumped it into saitama left the rest of my bag to sit and gain going to the moon the mars and beyond but it’s always good to diversify your holdings
same here , no rush
sounds like a plan to me!!💎🙌
am going to the moon or straight underground there is no in between. hodl. also all those people panicking because someone moves their shib to private wallet remember one thing that person did not drive the price of shib up so even if they bring it down somehow shib will recover.
honestly, i’m actually doing this. i want to be caught off guard when my couple thousand dollar investment turns into multiple hundred thousands or millions around that timespan.
holding til next century
so essentially you’re holding until your balance hits 😆😆
this is the way 🚀🚀🚀
also 2025 at the bare minimum.
doesn’t that happen on a daily basis
i’m holding til my balls expand.
sounds like a good plan to me!💎🙌
same here. 3.5 years for me.
let’s go brandon! 3 more years!!
disclaimer: just do not forget your password to get back in...🤔
this. or just have some self control and believe!
honestly, that sounds amazing! haha
nice! buying every dip!🚀
100%! staking is the way!
how to i do this?
i’m new to shiba, where to stake?
yes!! make sure to stake as well!🚀
noone will be able to take your shib away from your long dead stiff hands.
sounds good to me!💎🙌
sounds amazing to me!!🚀
we can do it 🚀🚀🌑
sounds like a solid plan!
me either! the future is looking good!
yeah! and it’s going to get bigger!!
what kind of profit did you make? i put 500 bucks and made ,500 not including my investment.
i've been trading for 20+ years. this is one of the most bearish patterns there is. of course nothing is 100%. hell, the absolute best trade setup is 60. but i've cashed out a long time ago. this pattern is only conformation.
what feels like a bot? haha
not to scare you but i think i saw saitama on a scam list
should wait for shibarium and eth upgrade so gas fees do not eat it all up. but yes! stake on shibaswap!
what does stake mean? i bought shib back in august and have about 19mil shibbies. no plans to sell.
thats sad…. enjoy life!
thats why we have to free ourselves from being wage slaves. work 75% percent of your for literally nothing and maybe maybe not get to enjoy the other 25% no way to live friends. we must free ourselves
i definitely understand marketcap. got in pretty early and a decent sized portfolio. i understand investing is my only way out of 40+ hour work weeks. this is just one step in a growing staircase.
likewise. although paying off my car debt would be tempting...
while the rest are opening trunks we are opening hoods. ayyyy
i hope so but realistically it probably isn’t going to hit a penny anytime soon
if it suddenly hit 0.01 why not! take profit while its up!
i’m starting school again and will be finished in 2024. by then, i might recheck my account
i'm only holding 1.5 mil. but seriously, what actually makes the value fluctuate?
that sort of happened to me, my friend gave me , just logged into my coinbase account for the first time in years and saw i had a few grand in bitcoin from that small transaction...
not stopping until my house is paid off. 006 or nothing. there is no in between for me
how does one stake?
in my own mind
life goal: provide liquidity to bae, live off rewards. stop picking up overtime at work.
i see all these people taking profit to put in saitama and i’m just like your an idiot lol i bought that a month ago i don’t take any profit on my shib. i’ll use my lunch money before i would ever consider selling which i would be a freakin idiot especially messing around with doge for 7 years. it’s kinda like we learn from our mistakes. i learned the hard way some never learn but that’s why trolls live in mothers basements and play mixed craft and blog about how depressed life is. people don’t use common sense but i prefer my 6th sene it’s the best gut feeling humans have so why wouldn’t you follow your dream. i will stay even when it hits .01 financial freedom the opportunity is happening now lol
my shib is staked for 2 more days. holding it so far as been easy since i cannot touch them lol
never scared bro people said shib was a scam and i’m up 35k everyone has an opinion i do my research before i invest in any coin except once that was my learning lesson i’m diverse with my investing and i’m up with saitama as-well so only time will tell plus i don’t invest what i can’t afford!
gas fees is killing the staking process. one more zero gone and it would be affordable for me.
i know, i would be staking right now if the gas fees was not so high 🤬⛽⬆⬆⬆
staking is like a savings in which you lock up your pos (proof of stake) coin. for eg if you were to stake your 19m shib on binance for a month on a 3.5% (i think that’s the figure) apy you will get around 1.9k coins a day give or take. staking on an exchange removes the need for gas fees and is what i personally do.
exactly, money helps enjoy life but try to also enjoy things like family. you would not realize it until it is too late. one thing money can never do, is give anyone more time. remember to live and enjoy whatever interests.
no that would mean shiba has taken over the world. some people can buy countries with that amount of money.
u should stay longer than next year bro xd
👍 i wont even consider selling before .005, and even then i'm just looking to take some profit. i'll leave some in shib, pay off the house, and invest in other coin. but .006 is a sweet spot 💰💰💰
that definitely sounds do-able at this point.
despite the haters, this actually is a good strategy. it's investing with a purpose and an exit plan. most people invest with neither and then are left with no rule on when to get out and end up paralyzed, over-staying, selling tok quickly, etc...
always set up 2 step as well
i use crypto.com and i’ve got a 3 month stake set up which gives you interest for locking it up!
your investing platform should have that option.
then leave work all together!
a hint into how professional traders think : their biggest concern is getting out of a trade, not getting in (the opposite of retail traders). they are looking for places where they know lots of orders will be placed. they then accumulate a very large position slowly & carefully so as to not move the market. then they reverse aggressively, moving the market into those waiting orders where they can unload at a profit. there are a shitload of people who will exit if it breaks support below 58-60. probably tons of sell orders stacked all the way down to 55. with just a few million dollars, you could build a short position & bully all those people out. lather, rinse, repeat. it's like printing your own money.
all right dude you convinced me. i think i'll take some of my profit from elon balls in a few days and put it in saitama.
it is on webull. no gas fee
you too! i believe in crypto. i have safe investments too, but i believe with research, thiscipline, and a little luck, crypto will get us there much faster friend.
yeah market cap of all crypto would have to triple, just for shiba to reach one cent.
this is exactly why crypto for 99% of normal income people is total bullshit. joking..."hey guys who else is selling 7 weeks after buying gugucoin i hear its blowing up." people have zero self control or commitment in any way. i honestly feel like these are the people who need to buy the new model iphone everytime it gets released before paying off their last one. 10 extra mins of battery life on the new one. oh wow hold your damn coins for more than a year minimum. i work for some of the richest people in the world at a luxury property and i hear their pump and dump schemes all the times on conference calls.
i'm running on pure profit now anyway. i'll add and take 10 to 15% profit after making back initial investment. keep the rest staked. wash, rinse, repeat.
0.01 here…. its possible!
it’s my first coin i’ve ever owned. i’m trying to change my life. but i’m realistic and know it’s not an overnight thing. it took me 23 years to find my wife. i can wait for wealth as well.
what sucks is im below the limits...fuck
can you short coins?
give a fuck what you do i was speaking for me and what i did to many weirdos in these fucking rooms now most still probably living with their parents lol
or the supply shrink enough ….
i still have not found mine. i can wait for the coin patiently 🤣😂
yeah, deffo worth doing, free crypto!
absolutely. i used to do it all the time on kraken until they banned us customers from margin trading. (edit: sweet usernam, btw)
welp...cant. not without putting more in. and i cant atm. bills to pay and shit to buy...like tires...and gas...
lol. thanks i'm a connoisseur
good luck, buddy! invest only what you can, when you can.
50 mil right here!
8m... eager to break that 10m+ but gotta wait til payday, y’all gotta slow down haha
imma broke boi with 1.6mil, lol
holding 300 million…. let’s fuckin goooooo shibaaaaa
i only has 6.5m hodl 😭
i want at least 100mil. must buy more
52m in the bag
102 mil on crypto earn (~40k per week burn) 5 mil on defi wallet keep it for years another 4.8 mil to aladdin pro wallet, forgot about them, my dream it is to help poor children to have at least one hot meal per day until they will be able to work as adults, maybe create shiba new generation, community, in the future, think about that a little bit, we can create entire communities from 0. 🪖💪🙏
with 10 million when shiba reaches 1 cent how much can that be?…...who’s good in math,just need a estimation
192m baby! let's go!!!!
just under. broke af, i've got about 9.5 million. traded in my fraction of a btc for half of that at 62 today.
only about 20 million here. 😢
just joined the 20m club! working my way up to 100
150mil since april not fking selling hodl all the way! and buying dips like dipping nacho chips!
almost 1.5 billion coins here
100,000,000 shib :) wish i got more before it shot up loads
20xxxxxx shiba and hodling buying the dips when i can
290 mil gang trying to retire by end of the year lmao!
800 million, deleted the app keep opening it & closing. i can’t sleep. fuck.
18mil. bought in at .000008 🚀
i have 6 million
only 5 mil :(
ive got 26, so 👐
bought just 20 min ago 20 mil
im only holding a humble 27,500,000 coins. will keep adding
103 million! not selling 🙌🙌
sitting at 16mil. i do not get paid again until the 5th. once that happens i'm gonna crack at least 20 mil.
253 mil right here!
why these repetitive posts?
.0016 for me to hit 1m dollars. i've screenshotted the photo at that price. manifesting or some shite. so the mrs says.
holding about 30,000,000 here; to the moon!
21 mil, better then nothing
i got a co worker on shib back in may or april. the guy now has 1.6b. the student surpassed the teacher lol. i got 100m
50 mil lets gooo hodl
we got a group of nh boys holding more that 275 million shibbies combined…. and we are just letting everyone know…
like, this is just a karma farm post. it's honestly just cringey.
psa that anytime you see a post with this graphic, downvote it and report. this is how you get scammed yall
this is a scam thiscord don’t fall for it everyone
sold all my shib yesteday. i’ll rotate back in soon. reading about akita coin right now
i bought 2. 📈📈 to the moon baby. i'm holding
i’m just holding 10mil cause i’m poor. 😛
rounded up to 10 millo in the dip
17m currently. gotta hold till .01 hopefully we get there before everyone dumps lol.
damn i got got 6 mil... you guys got crazy numbers lol
i'm 400k away from 10m :')
86 million and holding but i down vote every post that asks for up votes.
i guess r, because they hold!
buddy, we holdin 3 billion and when this thing hits i am going to change the world.
holding since pre-centralized exchange adoption. where my uniswap og’s at?! 300 milli checking in 🚀🚀
1b yes this is the way
just bumped up to 10 mil yesterday!
20 mill. not upvoting you though, thats not what this should be about
i sold and bought dogelon
as soon as shiba flips doge it will go up again. also a little side ways is good for the long term.
30 mil check in
11.5m holdin until 2025
30m and adding as i can!
48 mil and adding every dip!
117m! just picked up 15m this morning!
25 mil in my pocket ;)
i need to reach 25 mil to pay my house off at the price of .01 👀
i have 124k lol
i was a little short of 20 mil, so i had to get more!
169 million reporting for duty!
500m here. originally 270m, kept selling on ath and buying on the dip. almost doubled my position!
don’t miss red panda earth guys
14 million and holding
you gotta pump those up, those are rookie numbers. gg though for everyone here! i'm only at 106m right now
9.3m :( i want to raise my hand, but i need to wait for paycheck :(
i feel bad for those that sold who have to wait for it to dip or not. i’ve done it many times and that cost me dearly.
25.9 mil wish i had sent it on 100m when it was cheaper
50 million and counting.
halfway there, should be by december. then i’ll move on to 20mil.
add a zero to it 🙌💎
40 mil here. bout to sell my shitty stonks and dump some more
34 mill but set a recurring buy at 100 quids worth a month
200 million checking in
bought more a couple days ago now im up to 200mil shib 😃
16.5 million & hodl 🦊
37 million and buying
get that fucking tesla out of here no personality cults pls
holding 60 mil right here
34 million purchased in may 2021!
a friend at work had 10 million. he wanted to send it over to coinbase, which he trusted more than kucoin. there was a morbid to transfer it which had a fee, and another method which was free. he used the free method. unfortunately, coinbase does not use that method so his shiba is gone, in limbo. if coinbase does accept that type of transfer in the future,he can open a ticket and maybe recover it. lesson: be careful transferring anything. one dot out of place or one letter transposed with another and your stuff is all gone.
77 million checking in...
im holding 3mil. someone make a kind donation of 7mil so i can have 10 mil and be part of this party.
i have 6 billion
i am holding until. 01
89 mil, lol i got this much with only .62
slowly making my way to 100 mil!!
just under 15m 👍🏽
215millions. don’t tell anyone
12 mil here. wish i had more!
10 mill had 200mill
800k here it is all i could afford.
holding just north of 10,000,000 👍
can this hit a penny??
i bought 800m at .000006. 🤠 let’s go!! 🚀 🚀 🚀
200m here. rock hard.
29 mil here gonna add another 10 mil soon
how much does shib need to hit for you to get 2mil$?
god damnit! i only have 48 million because of transaction fees!
1.2 billion here. keep buying everyone your doing great!
i have 6.5 mil. it is thiscouraging to see people with hundreds of millions. but i have a mortgage a four year old and other shit to take care of shit happens i’m just glad i’m along for the ride
man i also own only 6 mil bro, but we will still profit from this 💪🏽👍🏽
i had 12.5 mil. but i did not know about the coinbase criminal hidden fees. so when i crashed i converted it to bitcoin, and way down low i converted it back to shib in hopes to make a quick buck. i lost 750k shib. no extreme loss, but kind of scummy to not tell you beforehand. i wont be converting anymore, obviously.
i bought my 25 million few months ago for 200 euro. if we eat one or two zeros 1.6 million will be much.
you’re a rich boi with 1.6 mil soon
we in the small league
yo, i respect that.
do you honestly not know how to do 10,000,000 * .01 ?
i just got hard!
this mofo is king
lol i only have 1m 🤣
think i'm at 9.3 bro
hope your dreams come true bro!
lol too much stress a?
will get there but not very soon.
are you using coinbase or coinbase pro?
so what you’re saying is you’re rich already 😉
it's not about being rich. i have a mortgage, 3 year old, and pregnant wife. i was just lucky enough to buy in 4 months ago when . i missed out on doge so was eager to get in early. keep an eye out for the next few getting buzz and throw !
don’t be thiscouraged you’re doing what you can. i’m only 5 mil but i know that’s gonna be a nice payout in the future and i plan on buying in again next paycheck.
around the same amount here. mortgage, bills, kids, but at least i don’t have a car payment right now.
please never get thiscouraged! we're all in this together. life comes first and it sounds like you have your priorities straight! even 6.5m will hopefully be lifechanging!
if you ask a bank to convert your usd to eur or any other ccy they will charge you a fee as well. not understanding the issue with coinbase doing the same.
oh for real 😧
almost had paper hands so i staked it on crypto.com for a month.
gift and curse. i'm seeing gains i've never seen before. it's been tempting to sell and live my life.
lol bro i’m around a few hundred thousand
yes but i’m holding!!!
good luck! let's do this
coinbase, but i'm in ny so i had to use coinbase wallet and it literally cost me 400 to buy 300 worth because you have to send eth to wallet and then convert
you misunderstand i wasnt saying you have to be rich. i’m just saying that getting on this sub now and seeing “just added another 10mil hodl the line” is thiscouraging because of some people’s situation. i’m glad you got in early and got lucky more power to you honestly i hope it gets to your goal and you and your family prosper
lol are you me? got rid of my car payment a few months ago
the problem is that they are doing it without informing you. when you press convert, it says coinbase fee: 0.00. not showing you at any time they are going to take a 0.5% cut of your total coversion. that's just sneaky and scumbag behaviour. fees, of any kind, should be clear as day. if i knew it was going to cost me money, i simply wouldn't have converted.
you made my heart warm man. you’ll be a millionaire in no time.
is it enough for you ?
aye can i borrow a billion😂😂
of course, this is the way.
you too! i will be out before then though. i feel like .005 is the absolute highest i would go without selling, but i would probably stop at 0.0005 ish knowing how i am
ahhh! i hate gas fees bro... i had to pay like 400 total to get mine out of shibaswap and into my coimbase account. friendly tip, coinbade pro only has a .5% fee
my bad! right now is going to feel early for a lot of people when this coin gets where it is going. glad to have you along for the ride! let's get our families there together!!
i agree. they caught me with that shit also.
it’s right here on their website:
i will do it, there are so many children in need of food more than ever in human history, we need to do something, somehow.
sell half, always keep some in unless you're sure there is no further growth whatsoever anymore m
thanks yea i heard it is worth it. i'll probably switch now that i'm starting to trade more than a pittance
bought in when 49.00 got you 7 mil. riding this train to the moon.
i know. now. but that does not matter. if you slap convert, it says free conversion. free is free. free is not a secretive 0.5 conversion fee. if it were my country, this would be considered a form of deception and they would have been sued or fined heavily already.
thank you for existing man. i have to suffer the consequences of dealing with bad people and i meet people like you and it gives me more reasons to still fight, live and help others.
invest in baby doge, it will be next for those that missed out on shiba and doge. it was trending on twitter yesterday. r
bro that is exactly how it went for me. if you're dealing with anything above ,000, you can make a lot by paying attention to graphs and selling
we are not all the same, i always say that to everyone, if you lose your human feelings and will be blind by money in that moment you lose everything including happiness wich is the most important thing in life in my opinion. i believe in shiba with all my human parts and i feel that, shiba inu and shibarmy will change the world (a little bit) and i will do my best to be part of it. i do not need or want "lambo", big houses or expensive stuff, bleah... for what? we all live on the same planet, we all have one mouth and one ass. we cannot change our past but we can change our future, toghether. some people think about end of the world other think about end of month if you understand what i mean. take care and be safe!
sick. glad to hear that because i was kind of planning on doing that. i pretty much have the winters off, so i'll have a lot of spare time for that stuff. i also signed up on fidelity too. my friend's making a few hundred a day (limited to 3 or 4 times a week) by buying and selling a booming stock within minutes. so far he said he is been pretty consistent.
i’m with you soilders…don’t want to become a ‘beautiful person’. just want to help everyone i know who needs help.
we will have the chance and we will do it toghether🤝
yes and it can start with the mods getting rid of that corny banner.
it would certainly help more than it would hurt.
why can it be its own coin. not dogecoin brother just shiba inu shiba inu every dog needs a leash
no negativity. we're shiba
they should change many things including graphic design of the main website. they should listen and be in touch with the community. they should post news about shiba swap realese, i doubt that will happen at all as so far we got only promises no proves. doge killer do not work for me. to be fair i would avoid word killer and try create something more friendly. at the moment our shiba looks like just get out from the prison.
why do we have to be the little brother. just name it shiba inu coin we can stand alone
from killa to inu. simplicity
enemies cost energy, friends save energy.
yeah, we don’t need the animosity. i hold both. love for both communities. we are all stronger together.
i do not get this obsession with referencing doge. it's being done with the stupid "killer" nickname, on the website, reddit banner, even in the whitepaper ffs. shiba inu is a cool enough project to stand on its own merits. no need to keep on throwing in the doge name at all. at this point it just smacks of inferiority complex.
i agree, i feel like we can get more people on the . although, i think it might put current doge holders off shib with all the articles coming out saying it is a doge killer. i like the idea of it being the little bro to doge.
market cap wise shiba definitely has the potential “to kill” doge.
bro is better because we are holding boughs thanks to doge we understand the power of community and that’s why we are here
yes! i'm a hodler of both. unity brings the world together.
we don t need to copy doge, we are shiba inu the majestic japanese dog breed , so doge is a shiba inu meme ,is this right? shiba inu and doge should be like dolar and cent, togeher and stronger 🚀🚀🚀🚀🚀
you really do not understand why it is called doge killer, do you? what exactly did you guys expect when investing into a coin advertised by developers as "dogecoin killer" and being able to "remain well under a penny and still outpace dogecoin in a small amount of time"? these are 2 big red flags. what serious developer puts this in an official description on their official site? devs precisely aim for people who think "i wish i invested in doge a year ago" by suggesting this coin is the "next doge", while doge is only at the beginning of it is journey. i wish good luck to you all so you all earn money on your investments, but looking past your confirmation bias can do a lot of good for you. another example of confirmation bias is what happened with vitalik and how the community tries to present it as a good thing. the guy literally did the best thing he could to show that he in fact is not a supporter. he moved only a part of his share to not end up looking like an a-hole and he gave it for charity, but still he clearly thisplayed how him receiving the coins was definitely not burning and not a deal between him and shib devs. and he gave it to charity. he. not devs, not community, he himself. you're not covid killers, he might be. the charity will sell it (i'd advice not to do it slowly to keep the value of donation relatively high) and the coins will be back to circulation. if you hodl, make sure it is what you really believe in, not what you want to believe in. and yeah, i'm gonna get downvoted, because other people want you to hodl, they care about their money. edit: i shall add, while everyone tells you to hold, shib being the only red coin now on binance says it all - you need to hold as the people who tell you to hold are jumping the ship taking the last available rescue boats. just a warning.
long term doge holder here. on board with doge bro. we can all be friends as long as we work together to do only good everyday who cares! 🤷‍♂️🚀🌕 everyone to the moon let’s not forget who we are really going up against
covid killer instead of doge killer
absolutely mandatory!!! now. do it!!!
the fuzzy, good boy coin.
"are we going to moon? shiiii brooo you do not even know" - shibavelli
yes i agree never liked when they called us that
we need to bring up the crypto community together not start rivalry’s between two coins. each crypto is unique in its own way and the community plays a big part of it. we all have the same goal, to see crypto as a whole prosper wether its shib or doge.
yes! throw those two together and they are having a good time. stronger together
yeah dogecoin has the full support of elon. their motto is do only good everyday. and here we are procliming ourselvees as doge killer. go figure if this will ever take off...
no it should be top dawg
at the end of the day... people are gonna invest when they see movement... people are gonna invest when they see unity and purpose in the sub (absent right now) ... and people are gonna invest when they keep seeing us in the news. people buy on results... nobody... let me say that again... nobody is going to be staying away from this coin because of it’s nickname. 🤷🏻‍♂️
shiba and dogecoin are superheroes 🦸‍♂️ of cryptocurrency
can't beat them, you join them
i said that on a post! every cool dog has a friend! and we dont want doge alone in the moon! we have to push the bro narrative as a gaming thing... lets help shiba get close to his pal doge! so they can together fly to the moon!
agree. don't want to piss off mr elon... ☠☠☠
dont think that will happen. leash is pegged to doge as way to tame the price on doge
of course! ' why alienate anyone?
bad days can happen
we dont have to make love but do not make war either. just support defi in every way.
yes. it will help shib grow
who gives two shits? this is about shib. less stupid bullshit posts like this and more dd
shiba inu with a superman cap: supershiba 🤜
yes! doge bro is a good name
yes i love them both. include elon :) to the moon!!! band of bro...
it only hurts us and keeps potential doge investors from coming in...making them hodl doge harder. and, doge is kicking our ass today. i think it would benefit us to be more of a doge affiliate, to bring in some of that marker cap again.
shib wouldn’t exist without doge. shib wouldn’t have the power without the doge movement. doge is the bigger brother, not an enemy.
absolutely. a negative approach never works well.
give them time they have other lives as well lmao
yes, bro is much better. shib token creator. they need to understand that dogecoin has come a long way in last 8 years (with many years of no price gain at all), and it has been involved in a many charitable causes that have built the dogecoin community and trust. even when its prices were below 1 cent, nobody i know wanted to sell their dogecoin. we only wanted to buy more. you just cannot do it overnight with fake bravado words like killer, army, etc. token prices will go up and go down -- they do not guarantee survival of this coin. let the shib community actions speak over time. with the current negative approach of the creator, the only thing shib will kill is itself!!
we need very active admin and moderator.
devs should retire and pu this coin where it should be. 👉🏼 🗑
peace will allow the doge army to adopt 🚀🚀
yes please , stop the hate
no, absolutely not. it makes us look weak, that’s almost like starting a war after killing hundreds on each sides and then saying sorry, can we be friends…
doge killer is a great meme for a quick pump and dump, doge bro can take us to the moon!
i mean all this is not a great sign for y'all, trying to tie yourselves closer to doge just shows shib is in trouble. no reason to own shib over doge in this situation.
hell yeah i’m hodl both
if the mods continue to ignore the community and not put enough effort into it, should we take matters in our own hands and create a separate reddit group? i mean, it is an experiment in decentralised community building and this experiment might lead us to ditch those who do not deserve to lead the community.
💯 shiba is all about positivity!
id stick with the doge killer 💹
killer not gone go far 🤷🏾‍♂️
what’s is the projects for this coin for long term?!!
thier is a lot of inu out there. i like this one, and the others too
how about just shib.
we want both doge and shiba to thrive 💪🏿
duh we’ve only lost money trying to compete against elons promoted coin like wtf how you gonna kill your own kind idiots sorry for the idiots but it’s true
look i love doge and shiba. but doge made a business decision to label itself as a joke coin and and i love how well it is doing these days but so long as shiba directly ties itself to doge it will be viewed as a joke as well. shiba folks appear to be taking their product seriously, with all of their efforts thus far, so far the life of me i cant figure out why they would continue to label itself as the <anything> kiiller well maybe now thanks to that eth guy maybe the covid killer. but seriously folks shiba can stand in its own now. ditch the killer thing.
green energy, green live, green shiba to mars😀👀
unity! there's enough space in the moon for both pups
be a bro and combine forced for the greater good.
yes!! we should encourage holders to own both!! we do... make millions on both
i have a decent amount of money invested in both and as of now dogecoin has all the momentum.
that’s the way to do. doge bro. not doge killer. no hate allowed in a shiba community.
doge bro. i like it!
you guys sound like pussys dogecoin killer
dogecoin killer!!!!! all the way🚀🚀🚀🚀fuck a lame
bro i like it
doge bro these are the people currencies one goal one mission shut down big money and give the power for wealth back to the common man
no doge killer and not bro... just shiba inu...
i strongly feel vs in the middle of the doge and shiba brothers banner should be taken out and have something pushing toward unity and prosperity
shiba inu itself got identity... no need to call doge brother...
i will liquidate my assets if this happens
haha if you cannot beat em, join em!!
peace is better than peace.
the community will destroy shiba
i think we should not even mention doge ... i mean this coin can stand on his own
shib: doge coin retarded brother
actually, all crypto should be bro. fight together against crypto detractor. don't let them divide the crypto communities. unfortunately, some community is to "purist" to cheer together.
doge is going to go to the moon. let’s take shib with it.
yes please! all the doggos are bros
we'll rise over and over, our shiba babies will go as far as we trust them
why not something like
i can fully support the brotherhood between and . now i am in the game: ...
yesssss it is better we are all a team.
totally agree with the change and love shiba inu bro
i saw many beautiful posts about people donating shib for india to support them during covid. i want to start using my shib to help and support the palestinian people especially the children during this massacre. i will be buying and donating my shib to help and support them for basic human needs. this is not political, this is human.
yes!! need to be bros for life
peace and prosperity is what shib represents.
yes we can be doge lil bro
crypto world we need to be united. to help one another and be supportive. as part of the dogearmy we welcome you regardless of what has been said there are forces that want to drive a wedge between us because when we are united they won’t win. cmon let’s party like it’s 1776 and remove the old guard!
if there is a vote, i vote yes. shib is friend not foe. creating a shib to doge bridge good.
yes, shib is the defi doge.
yes, killer is very heavy word.
yeah cause it’s embarrassing that shib rides the coat tails of doge and uses it’s hype, animal, breed and isn’t even worth a quarter of what doge is. shib in no way is a doge killer considering the utmost success it’s having, being bros will allow the communities to merge and buy more shib allowing shib to grow with doge.
absolutely. we should be uniting!
shib is already dead. downvote me. but you will see. then i will accept no fkin apologies.
i do not agree. but it is uncomfortable that the developer is anonymous.
not that deep. just buy!!
how about a merger :d
shib will merge with doge at some point, guarantee it.
shib bro? u fr?
why not change the look of the coin? it's ugly poor marketing. now the shiba red logo one should be what the coin looks like on exchanges, that is attractive.
both are off putting and make it seem like a knockoff coin
doge style to shib doggy style
can someone just take me to the moon?!? i do not care if it is called an eggplant smasher... i'm ready to go 🚀💎🐾 one of these coins is gonna get me there. i have no preference as long as it makes me money.
change it to killah.
i think it is too late, hoge has proclaimed to be doge's brother since its inception.
devs have to concentrate and speed up building shibaswap. that is the most important thing
“what are you doing shib bro”
all dog coins should unite as a pack imo 🙌🏽
we are all shiba brothers!
yes, please get the "killer" shit away from our image.
greatest chance at a shib boon is if doge army does a planned jump on shib.
i do not like people saying doge killer... it does not make sense they are two different projects!!!!
shib cannot compete with doge...look at the trends
i feel like im in a bar with some drunken circus clowns
yes change that and the banner that looks like a lame sega genesis game
nah shib bro is weak, not strong enough to generate attention. shib killer is a lie because doge is too powerful (elon, spacex etc). “bigger than dogecoin” or “doge 2.0” would be better
yup. just positive vibes here 🚀🚀🚀
i mean, we gettin’ our asses kicked anyway
it probably doesn’t sit well with current doge hodlers. it kind of comes off as shiba trying to devalue doge coin, which obviously would make them lose money. tbh, we all deserve to get blasted to the moon and not have money be a stressor in our lives. anything the devs can do to positively influence the betterment of this coin and our lives would be the absolute tits.
anybody know why in shib there is 3x beside it on binnace account ?
agreed. i’m an investor in both. both are decentralized coins with good potential. we should all band together
shib is the dogekiller? shib is treading water in the middle of the ocean with no land in sight. in the meantime, just waiting...
i honestly do not think doge killer is bad, but if anything it should be covid killer.
is this really the official shib group? and it is run by a handful of mods that do not take care of the community favorably? if this is not officially run by the people behind the coin, then nothing is really stopping us from creating another sub that is not just a meme of the meme.
may be smart to be the little bro
yes please. i bought shiba and joined the sub just today and was kinda shocked seeing that banner. i do not want to sound cocky but no fucking way shiba can kill doge. imitations are just for to keep the originals alive. sorry.
but then could lose those who joined for that reason. doge bro? eh. almost as if the basis of the coin just gave up. people in doge would probably just see it as a win and laugh lol. i’m cool with whatever though. i just want shibaswap
let it be doge killer. its called marketing boys
did anyone see this new one that just launched. kinda funny. 🍆🍆🍆🍆
change is good! 100% agree. dump the killer name!!
mods? that people that operate this chat? sorry just a bit new to reddit.
i got a question, how would shib rise if you have more than 300k trillions coin available?!!
doge is shibs daddy... without doge there would be no shiba hype... love doge people... 😇🥰🤩🤑
yes, if they want shib to succeed.
killer seems more attractive than just a bro tbh. \*thisclaimer: big fan of dogs.
doge and shib bro’s :d
its time to string up the founders who sent 50% of the coin to vitalik. that is a bs move
hold both doge and shib are bros!!
were all in this together
imagine how powerful doge and shib can be together.
yes, i bet most shiba hodlers also got dogecoin
shipped has sailed. you want to be friends now cause you see value in doge and it is community. why not just be chill in the first place edit: autocorrect spelling
doge killer. doge is cratering and inifnite supply, stop comparing to both.
yo man. we are brothers
doge killer was a stunt for publicity yeah i think it should maybe stay the same, but be shown that it is a joke and that we accept that doge laid our foundation
i love. don’t need to kill doge, the moon is big enough for 2 cryptos.
yeah, i’m not a fan of the “doge killer” aspect of shiba. it’s not like dogecoin or ethereum is called the “bitcoin killer”
honestly that would attract so many people and plus in reality we do not have the resources to compete yet and even if (when) shib does attain the same status it would not necessarily be bad for doge cryptos can work together to solve real world issues no need to compete
fuck no. doge coin killer all the way!!!
just need to get rid of doge killer. too negative. we need to promote positivity. don’t think covid killer is a relevant name. 20 years from now covid will probably be more like the flu. need a positive name that will last for eternity and is relevant. bro? hummm maybe. possibly something like shiba-swap... says it all.
definitely need the change...
the whole market is damn near green except for shiba... which we know these fucks are trying to get us to sell... it's not happening🤣
will i see another spike in shib or do i sell and get what little money i invested back now? taking opinions...ready go!
move money to kishu!!!
not gonna kill doge anyway seems abit cheap. people want good investment not to kill another coin. if anything doge is gonna kill us at this rate looool still hodl to the end doe 💪🏽
good luck trying to change the world, the dev cannot even drop and explanation about vb using our "50% burnt" coin
it could shiba inu but not the doge killers
yeah please change it. like why are you guys comparing to be the “killer”... what is this like middle school?
call it whatever the fuck you want. i own both because i like crypto
let us combine forces. share communities and grow as one.
doge to the moooooon!!!! 🚀🚀🚀
i think you should not play with people, i think that vitalik is behind that, and the only move was to take money from us to help india or to give india’s pharma our money. so come out with the truth. and do your job. wanna see all this shib billionaire with a tesla non with oh my god i can’t put my money on doge because shib f*ck me
doge all the way. peace, doing good and backed by the good all usa
doge is not happy with what shiba has done and it will keep socialing thistance!
doge ain’t going anywhere so i’d say “yes”. by leaving it all they are doing is pinning doge investors against shib which isn’t a good tactic.
we can call it pussycat for all i care! as long as it’s making me money!
really? the shiba devs were clear to name it dogekiller...this really makes me cringe!
lol i really just don’t think this matters… like we are a part of something that is just so so so much bigger than the fucking name if you actually believe in it… i don’t know and honestly shib family you can call me out if i’m being an asshole but if you believe in this project and in the ecosystem… if you believe that there is a chance that vb and our founder know each other… if you believe in what you have been told… i don’t give a shit what the catchphrase after the name is. i laugh every time i see this question asked in the telegram as if somebody that likes doge would immediately not invest in shib because of the killer part of the name… by all means change it but if you believe this is going to increase your position. if that’s true i think you might be living in a different reality. i would end this by saying that i am an engineer and that marketing is not my forte. i like math and statistics, thus, things that i can explain and most the time memes and human emotions don’t fit into those categories lol.
of course! what's the deal with trying to promote them as rivals? can't we all get along, man?
cooper leetv on youtube this guy the bomb please view his live stream this guy is so helpful & supportive gives great advice very good for calming anxious nerves. shiba inu investers 👏😀🙌
yea, shib & doge to the moon 🌝
idk... always when the coin is down or steady everyone is crying remove ‘doge killer’ but when we were skyrocketing through the stratosphere... i didn’t see one person saying it 🤷🏻‍♂️ i’d rather have balls and say doge killer than be beta and claim ‘doge bro’ just my opinion. we all have the right to them.
you literally need to get rid of it... its a terrible marketing point
yes, shib, dogecoin’s little brother!
“doge killer” sounded like a swing off the nuts move with cheesy art. “bro,” sounds like a repeat attempt, but it’s better...
must continue with doge killer! elon musk will not support the doge!
doge killer sounds really lame tbh. but it did not stop me from buying. i believe we have a lot of work to do as a community.
yes, i think it conveys more positivity.
hmmm i am holding both... leave this coin is killer this shibe dog is a natural japanese hunting born killer dog it’s a hunting dog that’s what they do leave this alone there’s nothing negative about it just invest and be happy!!!
shib is alright and all but kishu is making big waves right now.
how about let’s stop going negative return there is a start.
that's trash bra lol
i'm a bit confused. i thought, and etherscan says "leash" is the actual dogekiller, not shiba coin. correct me if im wrong please
shiba was donated to the corona suffering india. it seems like shiba is there to help and not to "kill". lets work all together and make it a positive crypto currency. our time is limited why wasting it to talk bad about others (coins) we all want to win. like indian say "the smile you send comes back to you".
yes, let’s band together with our doge comrades 🙌🏼🚀💎
yea, they need to get rid off the killer shit, specially now doge is backed by musk, one tweet from him can tank the shiba eco i am not enthusiastic about the bro name either, shiba inu is a catchy name by itself.
it’s never a good idea to attack another person or group trying to do good. join forces because that is the only way shib will truly prosper to the moon.
i'm sure all you guys got participation medals in sports growing up, huh? lol. look where the name has gotten us, do not fix something thats not broke.
bro sounds better to me ... ✌️
dog bros 😎 this is the way
yeah ! promote war is not the way !
shib should never thiss or thisrespect another community.
how about shiba inu dogecoins brother, doge coins daddy
we should retweet vitalik with your shibs...
i looked in on the shib website last wkend looking to dump a pretty big bonus check from my employer on it. but the very first thing that popped out at me was that big arsh red banner calling itself the doge killer. really? i said fk that, i’ll take my money elsewhere! this in your face negativity reeks of an inferiority complex and does nothing but drive a large chunk of investors away. good luck to all of the good peeps here, i know that it’s many, i’ll just watch this from the front row.
so much more dope...
i can see that most people who make this post probably are dogecoin holders that do not understand the reach that shiba can have. doge coin is a useless coin and without a good project, please understand it. don't compare shiba with doge. this project is way superior.
shiba bro’s i’m down. i use to like the killer thing but it’s kinda lame. we should all work together make crypto a better place. also i’m still hodling 💎💎
be more user friendly
yes, cuz it made enemies of the doge bros (of which i am one) and they weren’t happy about it, if we want them to work with us, we should appeal to them and their coin, not make up some bs hierarchy... 😩
yes we want to ride side by side with doge
dogecoin investor here. as someone who always gets called the dump and pump, as long as you're a positive community group, im entirely down to call each other doge bros and consider you a shib bro.
how about not mentioning doge at all
yes this is the right way to go, please change it or we need to sale our shiba and buy more dogecoin, it is our power and we can change this shit from haters to lovers and stand together for all our future
yesss. doge is on the eay and is some expensive for some peolle, if we make that shiba rises, we will have a lot of money to spend on doge too. i will . and we can create projects of publicity in our country withthe money in shiba to expand the shiba and doge religion
yes shib doge brother
made great money from doge even after riding out elon’s bs... idk on this one. i love my shiba community way more! sounds like you’re a doger to me. i’m good on kissing ass we hodl!!!
i like bro more so than killer. probably get me doge owners to come over also
vitalik's shiba killer 😡😒
if the devs turn this into some trash ass "nice coin" knockoff of doge, i'm dumping all 91 million of my coins immediately. ' people with zero marketing experience, know how, or capability always have the worst and dumbest marketing ideas. ' the marketing is the whole reason we're here in the first place. if they do this crap we should dump in protest.
covid killer is better for more exposure about the 1 billion donation to india.
\-you, there. what do you do? \-i trade xrp sir. \-you, trader? \-uni. \-eos. \-shiva army !!! ... what do we do? \-we hodl we hodl!!! \-see old friend? my crypto worth more than yours. [
doge hodler here, gonna buy small amount of shib cause the covid relief fund thing is too awesome. too bad it didnt get enough media attention. will contribute in a small way for you guys, hopefully price wont tank too much
also remove the fud tattoo on the little cartoon guy.
doge is going no where. and shiba will get up there with it too.
align with doge and ride the elon wave to the moon. anything he supports will grow.
fuck man doge bro this is gonna be huge
kishu inu is the real doge killer
no. original is good...bit get rid of killer...
i'm ashamed to be in shiba inu community. i own shiba and doge. i prefer to check doge community more than shiba because of the hate of doge. doge will never beat shiba! doge will grow with shiba! shiba is just dogecoin small brother!
i concur, let’s promote nicely instead of going after doge’s jugular! i hodl both and hate to see shiba promoted this way.
brothers. work with the doge fam. look what they did for doge.
yes. we should go further and remove any connections or references with doge. we are big and infependent. it worked before but not further down the road.
maybe just drop reference to doge coin altogether. no reason to keep comparing especially when this is a token not a blockchain.
my take on a logo change [
just get rid of anything doge-related!
no this is fine this is some south park mood
shiba is a killer dog like a chihuahua
we need to move forward with the charity platform. we should save the rainforest next, since amazon cannot afford to do it. new cause every cycle. that's the smart move.
we are stronger together than we are apart ... going to another solar system when this pops. remember doge 2yrs ago ... what would our lives be like today had we all held tens of millions or billions of coins. it’s all a gamble but how many coins have stepped out and helped ... that has to say something right there. good luck to all !
ya now they want peace...
this was the developers idea to start marketing shiba inu as "doge coin killer". smh its stupid. we wont be taken seriously as a community and as a cryptocurrency. these developers need to change that slogan at the official shiba inu website and market it differently. we also need great mods on this reddit to help push for the idea to end the slogan "dogecoin killer". im a doge and shiba inu investor and i want to see both grow and prosper. i see shiba inu as doge's brother or sister and not an enemy to the coin.
1 shib = 1 shib
yes i hate the term doge killer 🙄
this sub is getting so cringe with shit like this
the way shiba is failing and tanking, i vote yes. its not killing anything but our pockets. :)
nice no hating just love
agree ! time to buy shiba so you don\*t regret later !!!!!!!!
they need to burn coins
this whole idea that shib and doge have to be some kind of peaceful community is dumb. i do not think anyone from doge looks at the banner and is turned off from investing. they care about making money and it could be called swastika coin and they would still buy. the bigger concern is whether people see it as something that will continue to grow in value or whether the "donation" . this is a non issue and a waste of time.
please change!!! i don’t want to promote as being a killer but a life saver!!!
i have both... there is no need to compete! united everyone is stronger.
definitely, together inus are stronger👍
we are waiting enthusiastically to see this brotherly relation, may dogecoin and shiba inu become brothers forever very soon!
yes, shib is the coin to unite not divide. if doge never existed, neither would shib. shib son of doge respect your parent and hold your shib✌️🖖🤟🤙👍☝️
guess we can call them shi-bro or shibro.😁
lol i've been waiting for this. got to love both coins to see the moon!
... i am noticing every time there is a large buy for 1200m coins a sell for 1000m to 1400m is placed thereafter... whoever is doing this it not allowing to get past 0.000008700. it’s annoying.
sooo proud of our community!!💚💎 now you all should know, we have the wings you need to fly to the moon! 🔥🔥🦜🦜 ! 🚀
heard about this through a doge subreddit. really glad to see this! shibros?🤔
its a wolf-pack...so i guess... at least two
it was always doge friend.
killers never work in business, they either succeed with flying colors or get shutdown like their competitor planned. we need to be bro!
can you donate some? i just lost lots of money... is here someone who have lots of coins and send me please some? :(
what's up with charizard token? massive gains 💪🏼💪🏼
what the hell is this crap?
cuin, came out this w
cuin, came out this morning
se imaginan si compramos solo , junto con otras comunidades que tambien siguen estas criptos . cuanto subiria el precio y nadie se viera tentado a vender hasta llegar a un objetivo ... "0.01" y despues mas..."0.10" etc...etc...etc... !!la union hace la fuerza...
going back on your vision is so gay. it makes you look like you do not know who you are. also desperate
r.net is the future
we wanna promote peace ☮️
mods wherever you may be... please change the banner.
yes i hate that!! someone make a poll !
the mods here are not connected whatsoever with the devs. this is not a official reddit page of the shib token apparently and its only community driven. i'm trying to get them to join the thiscord and let the devs also have control over this reddit page.
someone get me mod status. i will share what i know about the project and be as helpful as i can been mining btc since 2011 lol so i’m no noob to this shit... edit i shouldn’t say that cause it’s not even an s coin, just a smart contract with a meme aspect
totally agree! promote peace ☮️
i agree. the first thing you see on the website is a dog trying to look tough, while wearing a shirt and tie. what’s the angle? if you want to go for the tough guy look, then dress him up as rambo or something, not brad from accounting. but i don’t like the “killer” part, anyway. i assume there are a lot of us that have both dogecoin and shiba, so i’m obviously not against dogecoin. it would make a lot more sense to market themselves as friendly with doge, or market as shiba by itself. the dog in the logo looks angry, too. and if you want mass adoption at some point, dog owners that don’t know any better will choose dogecoin over shiba any day. a friendly dog on one side, or an angry dog that says is the killer of the other dog? do any of the devs even have a dog? and yes, it’s important because as a dog owner, seeing another crypto about a dog was the reason i even noticed shib existed. there are like 5,000 cryptos out there. the dog part is what made it stand out. the dogecoin community is built around a meme. it makes it feel approachable, and harmless. what’s the idea for the shib community? kill doge? what would that even mean?
you can see prove on the audits website.
no matter what that fxkng wording “killer” must go!!! who was the stupid af dev that did that? just monumental dumbassery.
or that too! as long as we get away from killer mentality?
where do you see "little"? i feel like we could be the big brother. also, why do we gotta be bro and not sis? maybe just sibling?
wherefore doth we has't to beest the dram brother. just name t shiba inu coin we can standeth high-lone *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
your an exact cheap copy of doge stupid
hi, dogecoin holder here. speaking only for myself of course, i can confirm that shib's current branding really casts it in a bad light. i only found out about it a couple of days ago, but nearly every post i saw was repeating the "doge killer" mantra, and it just felt really gross. i do not plan on buying any shib, but i do wish you guys the best, and i think it is a good idea for you to push for rebranding.
let's keep peace ☮️
i give upvote for the well thought answer!
what is it going to be after covid-19 is irradiated?
😂 oh who knows tomorrow he might change his mind again
that's not the case. check the whitepaper.
giveth those folk time they has't other liveth as well lmao *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
☮️ that is right! let's promote peace and love
agreed! need to be positive, enough of this killer mentality
i could not agree more. can stand alone. no killer!
hence “an experiment in spontaneous community”
**doge lil bro, yes we can be.** *-215rkcontracting* *** ^(commands: 'opt out', 'delete')
amen! unity in the community ☮️
it merely takes enough people holding onto their shiba and buying into more. i talked shit about doge coin way back in january and i’m eating my words now. don’t forget doge coin was a joke. supposedly worthless and never going to go anywhere. was never even made to get to a penny really. but it did. i think it’s too early on to say that the coin is dead.i’ll keep watching shiba and leave my money where it’s at. most of it’s not even mine anyway it’s money i made mostly off other coins.
do we have right to demand they become public or nah?
doge also been out longer?
i was wondering same thing
agree banner must go
most people have both doge and shiba
they gotta burn some coins
them developers need to show their faces, unless they already have and we do not know it
yeah and they did it in such a way that like the world are not able to get mad because of helping india
truly be an army
developers need to answer this
who were they so we can report them? why did they say?
woof woof woof 🚀
doge is a big scam like gamestop... that is the reality... better sell and buy shiba... this is a business, not a love relation.
save the sloths!!! speaking of which, anyone need a cards against humanity sloth card?
why you lost coins? 😿
oh i was hoping you wouldn't bust me 🤦🏻‍♂️😿-elon
welcome to shiba subreddit
there’s 11 mods listed and not one of them seems to want to actually act like a mod. they all continue to allow the same kind of shitposts and there’s still no daily thiscussion thread. i know people are excited about their purchases but we really don’t need hundreds of posts with the pictures of their purchases. but that banner. idk whose idea that was but it’s gotta go. it’s not like r.
i don’t think a poll will do much. there have been so many things that the mods should have removed but they don’t. i might try to message one of them. and tbh i kinda think they all forgot about this subreddit lol.
i'm good with covid killer
the shib coin creator was the dev who had these negative ideas.
i’ll tell you where i see little... cap volume and well everything else.
oh your one of those snowflakes that can’t figure o it there gender. got cha
where art though shakespeare?
shiba inu, rather than shib killer.
i own doge for potential and shiba for the what if. gotta have hands in both cookie jars
covid killer what's bleach after it is done cleaning
did you read my comment ?!!! seems like you didn’t understand at all… what is the long term projects ??!! like some coins do have projects and for long term holding you’ll be gaining profits cuz you supported it too by buying but what about shiba ?!
i do not think there is a right. but i think trust is important.
rumor that shib creator is actually musk. shib was created on the heels of doge for a reason.
yea cause i wanna know is it leverage or not
or maybe have it say “doges new brother” or something i don’t know lol
i think i do not get your signals. can you please try one more time?
because of some stupid hacker...
agreed. what’s with that anyway? and let’s be honest, it’s a doge rip-off (i own both).
how can i become a mod??? i would help take care of the updates
this actually makes a lot of sense and i would thisregard my first comment completely based off of this. the main reason i don’t care is because i believe in the project long-term so they need a good long-term fit as the catchphrase and the mascot etc.
agreed. the mods here suck.
thanks... so who originally picked these mods??? do they have any association with the creators? i truly hope not . cause this has been thisappointing :/
that's it! covid killer!!! 💯now that is a message💎 go shib🚀🚀🚀🚀🔥
not sure why the personal attack but ok.
it's called "shiba inu: doge killer" right now. we are suggesting "shiba inu: doge bro"
haha exactly the same. but that shiba branding even the design it’s horrible. it look like a bad joke. wtf compare with doge which is meme but still look pretty nice done. but then that grow is skyrocketing. so i said what if haha. hodling doge is for me personal. and this is just for speculation. community looks nice. doge killer is something that you don’t want to read. as eth is not killer of btc.
power in numbers my friend.
yes i agree! how do we contact them? twitter i guess?
i can get on board that vb is ryoshi but musk, i just cannot see it.
i am glad most people want love and peace
as you have read, see the gamestop case... doge will do the same in any moment.
oh no no no where did you have your coin stored? where is safe place to store?
i own a few of those! you think i give a crap about environment? - elon
oh of course it’s a doge rip-off. whoever thinks otherwise is a moron. it’s a meme of a meme coin. i got into doge late so i don’t have much right now but i do have a lot of faith in it long term and i think i have enough to get me a decent return some day.
me too. kindda a turn off.
i do too. it seems like when one goes up, the other dips.
this is the absolute worst thing you can do to shib
whoever created the subreddit became the first mod and they picked the other mods. i’ve never created a subreddit so i’m not sure how it works but maybe the main mod has more powers than the other mods and that’s why the other mods can’t do anything major? i honestly think the person who created this subreddit just forgot about it.
i thought you didn’t like the work ‘killer’?
my apologies i missed the dip :p.
no need to call it “doge bro”. let’s grow up a bit and simplify it to the world. shiba inu coin or shiba inu token.
little bro 😎 is more apt.
well, either scenario makes this project valid in my opinion.
metamask. my mistake ...
how much do you think a doge will be worth some day?
shiba is to doge as doge was to bitcoin (cannot say litecoin)? doge was the gate way drug for me getting into shiba. elon ruined doge for me, and i was always a big elon fan. that load of doge i got at .0082 ended up getting me alot of shiba lol
i just thought the response was funny. gotta keep a sense of humor mannnnnn...
if we hate it then lets make a better one and vote for it to be changed to that!?
combination of doge and killer is the sh*t, not covid and killer, which is a good thing.
i like. i think the doge part was commercial to get media attention. but shiba is known already, so no need for it...
you lost it from metamask??? 😭
i’m not an analyst or forecaster but i could see it easily hitting . higher and quicker depending on what happens with elon.
we have doge at between .50 and .00 by the the end of summer!! we are investment group partners igp
doge has unlimited supply so even if ppl r not selling it will always dip, only thing doge has is elon musk. and it really sucks to depend on one person when you r investing. just look how he manipulated bitcoin and now doge.
haha i’m glad you enjoyed it 😁i’m chilling 🤪
any thoughts on how this gets to a penny? is it plausible?
yes... just no coment
i see thanks mate
my calculator cannot even compute the amount of zeros that it would take to make that happen. although mass hysteria is a real thing lol exponentially
good estimate. it's following storj when it climbed. it'll see intense wall .50-3 range. if we get passed 3.25, it is taking off to 5, and yes, i think it is possible 10 into early 2022. but i'd be concerned of any legal changes to crypto in 2022 in the us
all wrong, 10,000 at least
me too. pretty wild at the moment. but when you know you are just holding, it definitely decreases stress.
to be honest i have not a breeze if it will get there but we can never say never. they said that doge would never be where it is at but look it now. i do have a strong believe that there is something good going on here with shibu and vb in the mix. i'm in this for the long haul, i have no preconception about becoming rich overnight very rarely happens but fingers crossed down the line we may get a nice return on our investment.
that’s just my opinion though. i could be totally wrong. i kinda hope it dips a lot again because i want more than i have but i want those cheap prices.
holding til i’m a millionaire or a hobo 🥳
well said, i agree with you 100%. i think it will come and shib has tons of potential.
same. i only have 2.5k in doge right now but everytime i buy it dips and i miss the dips because i forgot to check.
stop telling people two dollars lol i want to buy in $.25 edit: let a couple dumps happen over the next week. i could see an entry but personally without meme potential i have it at like 20 cents currently
was born with diamond hands. also been holding gme since january hahaha investing so fun brother
dude, thoroughly enjoying the rollercoaster.
i just buy and forget about it. you do not watch trees grow you just live your life then your like "holy shit where did this tree come from"
i’m hodling until i’m either a millionaire or i lose my investment.
just going to stake and stake and stake until i'm good and ready. been broke for 30 years what's a couple more
at least a year... or i will have to pay 55% taxes, which is crazy. don’t forget about the taxes shibas!
i'm holding until i can use shiba as payment for everything
’m holding like holdor held that fucking door!!!!
i'm holding for 2 years + ... im just intrigued to see what happens with this if i'm being honest. this is my first time investing in anything. i'm either gunna lose the £600.00 i put in or be a part of history...
i would stake for 1 year if possible
3-5 years minimum, would love to retire in 6 so….yeah i’m holding
going to hold, until it hits 10 cents on the low end. other than that hold for a while
i’m investing for my kids so long term it is 👍
me. i only put a few hundred doll hairs in, so it is a gamble.
18, nothing to lose. i plan to hold for a long long time. i’m pretty patient so i hope it’ll pay off.
i’m here for the wild ride. to pluto, bitches!
me! year is the minimum. too much opportunity
the people who actually want to make good money
i got in at .000007, been on the rollercoaster since. will be here for a long while. love the project behind shib.
im hodling 5mil for at least a year
im cost averaged around .000035. ive got a stop loss order in to protect the initial investment, but looking now i highly doubt thatll trigger unless theres a major catastrophe. otherwise at least 1 year to not pay more than needed in capital gains. which probably means at least jan-feb '23 based on historical "alt coin season" gains.
been holding since april. it's the easiest thing in the world. all these bitches selling for a few hundred bucks are going to be investing in .
i started with only 2k in it. am ok with losing 2k. long term play for me.
life changing money or none for me. i’m too old for all the dumbfuckery that clearly will never change - so this is the ticket (hopefully) out.
well with capital gains tax taking a gutting knife to you in australia if you dont hold for at least a year, i will hold for that. but really, i will hold longer, coins dont grow to dizzying heights over night. even if it has a massive jump, and turned into life changing money, the most i would sell is half.
i've got 12 years to 62 years old: aka done working. if it becomes valued high enough for me to step out at 55 or whatever... then i would pull it. until it is able to remove me from the workforce, i have zero intentions in touching it.
i’m holding until i’ve reached my goal price or until some shit happens and i need liquid assets asap
food stamps or lambos on this one
i have already 5 month i’m holding shib and i just have buy and i think i will keep it for long time
yep holding long term. i try not to look but i cannot help myself but to keep eatting that dip.
i'm just holding to see what happens. if a life emergency occurs and i need cash right away i'll pull out, but for now, it is long term. hoping for $.01 or more.
been holding since 0.00000741. i'm not going anywhere anytime soon 😂
i sold my initial investment so hold until millionaire or bust
so committed i forced my mind to forget the password to my exchange account. i can never sell now.
this is genuinely my first investment, i bought not knowing anything (you can chastise me all you like, i only put £25 in) and the more i'm reading up, the more i think holding for at least a year is the best way to *possibly* make a lot of money after the first boom. now i know a bit more, i'm considering buying more this dip. then i can sell one portion after a year and leave the smaller portion in for 5. i'm not so fussed or convinced whether it will make me life changing amounts of money but honestly - i do not really care - which definitely makes me a terrible investor but for now it is fun and it is a starting point, if i do well, i'll have some experience and be able to reinvest
hodl until it is worth a ton, then stake it somewhere and make money on the interest. if you're selling crypto for fait you're admitting that fait is superior, and it is not. if you made 100 million, and staked it even at just 1% interest that is ,000,000. if you sell it all, you're loosing \~5%.
year min for me as well. not gonna sweat it too much
once it hits a certain # (still a ways off) i'll pull out my initial investment and hold the rest until financial freedom or . can't be afraid to take gains, but also believe in the project and hope for the future.
i'll take some profits if it reaches life changing money, but overall i expect at least 1 year, up to 5.
15 mil needs to become 1.5 mil or i wont sell. bought that 15 mil for only 250, so losing my investment wouldn't hurt much.
already almost 1 year for me, up ,000
i got nothing else to do. f it, right?
im holding regardless. im all in
already been holding for a year
i’m not committed to a time frame but i am committed to hold till i get another 10,000% return on top of how much i’m already at.
have 500 mil and have no intention of selling anytime soon. bought in at 300….
i got in at 0.00006969 🤝
take some profits at .001 hold rest till .01
most are here to buy coins in bulk and then once profits hit close to .01 you’ll never hear from them again.
for at least a year for taxes lol
wait? isn’t that what we are all doing ?
absolutely unless it hits 1’m rich lmao. besides that, unless i need money i have no reason to sell, i’m either holding in my savings or in my crypto platform.
this guy, ski condo or bust!!!
i’ll have my bag expectations set, wether it’s 3 months or 4 years, im in this for myself and my family, not anons
holding since somewere in the spring now. i think if you want honest answers, you will not receive too many. everybody wants to outsmart the others with something, but i think i would hodl for a real real real good value increase. which is only about to happen if shib burn is going up...and if thats happening...man you better bet hodling on, cause you are only going up in the long run... exit strategy is nothing for "outsmarters" you want to maximise profits with only going out bit by bit at decent times...so...either selling the news (same as buying the dips) or whenever you have enough of this all...or your wife loses her boyfriend and you have to pay for her again...
i have another 6 months minimum before i could attempt to sell...that will post over a year of holding are remove a tremendous amount of short term, income tax liability...turning it into a longterm capitals gains tax.
holding at least 50 % until 0.10
me for sure. i don’t get these people buying and selling within the last week, crying over losses... crypto is volatile, but can have large gains in the long run. hodl at all costs
hold. stop checking everyday. realize if you cash out within the year pay capital gains tax. set it and forget it.
holding for 5-7 years i’ve stopped playing the lotto and now that will fund my cypto funds. if i make money great. if i don’t chances are it wouldn’t make a difference anyway.
i’ll take out half if there’s a huge run up and pay some debt off but keep half in for the long play
i'm committed to holding 5m shib for 5 years.
unless it hits .001 before then. but even then the plan is only to sell off 50% and hold the rest
i'm in it to win it!
got in at the bottom so i don’t mind holding
i'm just treating it like all of my other assets. i plan to keep dollar cost averaging in for years to come.
i'm holding until i have enough shib for a tesla model x and they accept shib as payments
15 million dollars. when i have 15 million dollars, i sell.
im not in this to hodl for no reason. im in this to make money
i'll be staking for most of that.🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
been broke all my life, i can wait a while.
until a dollar or 0 no where in between i do not care
i went ahead and buried (staked) mine on the shiba network so i can’t even touch my 6.5m for 6 months. 500% bone apr. we take that and swap for leash 😈
hodling for at least 1 year here! that is unless it somehow miraculously hits . i will sell at . it's hard not to check the progress everyday after purchasing 2.55million shiba coins.
i really think that social security is not going to be there when i retire so this is a great backup plan. i do not know of a better way for the avg. person to really get ahead.
already sold off some to cover my initial investment... just being honest.
10 days? i’ve been holding for 5 months!
why sell? bitcoin took years to get to one dollar. i can either lose a few hundred dollars or make a few million. i know which one i will be choosing.
im in it long term.
iv already had mine since may snl. i had been along convinced i would never make my money back i'm so happy that now i have i will never sell
my first purchase was september 13th. bought 4 times since.
if we hit .01 i the next 2years i will sell half. other than that im holding
i sold for now, but with the release of the shibarium i might buy back in depending on utility. still holding leash though
i only came across this post by browsing r, alabama today with "buy shibe" and "shib coin" finger drawn on the back so... whatever y'all are doing it is making a movement. hope you all go to the moon.
holding long term and plan on buying more in the next dip
il hold as long as it takes but as soon as it reaches my goal im out. if it hits .0075 in 6 months or it takes 3 years thats when im lookin for the door
everyone should be committed to holding within that space of time. this is not a short, this is a long hold secured by burns. make these burns happen like a true shibarmy member by playing any of these playlists on this site 24!
i’ve been holding since march. fuck that 10 day bullshit
i bought in segments from june to october. i have them in different things and at minimum i’ll hold until next year this time. i’m not in it for a quick buck.
it's prudent to hold at least a year to offset capital gains. to say "regardless of what happens", well that has a lot of scope to it...
i’m holding at least a year (366 days) from the last purchase, to avoid high taxes. i’m already up over 500%. not going to have it stolen. i’d rather it go to zero than have it stolen by the government.
i'm investing for the long term, but i'll definitely take profits along the way.
it'll be like that while we weed out the weak investors. as it grows, and it gets more expensive to buy the whales and paper hands should decrease. imo
me only cause i have to lmao the fees are insane i won’t even make a profit if i did now
i'm hoping for a good profit by spring, at which point i will sell at least half, probably more if it is not a big profit, to buy a house. but i do want to keep at least part of this investment longer.
i am on shibaswap lol. for ar least 3 years.
i made this comment in another string. i plan on holding 263m and climbing forever. when the price is high enough to using my crypto debit card, i will! hooollllddddd!🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
staking 3yrs minimum with lots of yolo sidebets i have some on every platform lfg!!!
if it keeps giving me rewards in shibaswap past the 6 months without restaking, i will leave them there longer.
at some point i will scrape back profits at least to get back what i originally invested. then i am looking at a ten year wait.
i’ve got xx million for . i’m just gonna let it ride until it’s life changing!
pretty much only gonna sell when it gets above . have no intention of selling when it’s in the middle here.
if we hold our coin for a year then we do not have to pay capital gains right?
i have no intention of selling until i know that i have enough gains to comfortably quit my job and start the rest of my life. in fact, i plan on purchasing more every payday.
i’m buying to that which i already hold
been holding for six months what’s a mother six or twelve or 84
i have multiple accounts. one is long term staked that i will hold to the point i hopefully make decent money off the earnings and second account i'm holding till i can become debt free and cover the taxes.
until i become a millionaire, that is how long i am planning upon hodling for! even then i would not sell all of my shib.
my goal is to hodl until the next btc halving but the reality of living might have other plans. if i could hodl for 10 years i would.
i plan on selling 50% of my bag when i have enough for a deposit on a house (30k) - i'll be letting the remaining 50% run.
long term hodl here
yep! for sure holding i want to go to mars irl or at least the moon 😂see you there boys 💪🏼
hold until i can payoff my debts or lose it all, either way no intentions to sell anytime soon. i relly really hope a lot of paper hands and whales sell so i can buy a s*it ton more, it sucks that it is holding a good resistant 😭
my money is already gone in my mind. either this moonshots and i’m set for life, or nothing changes. what do i have to lose by holding?
until the blockchain at minimum.
i'm holding till i earn millions or till it crashes less than my initial investment amount
i made the mistake of selling millions of doge back in early 2018. not happening again.
under a year the capital gains tax approaching 40% -- no way. see where we are at in 365.
yo- i want life changing money. i want to be able to say: i was an early adopter- i believed in the cause- and now money is no longer a problem for me. i’ve waited much longer then 5 years to have something let alone everything that i would ever want.
i am always have told myself that this is a long game since i started. also it’s not worth the headache of trading in and out to make some gains then come tax time your gains are gone too
thus guy right here! amc has taught me to hodl! *not financial advice*
me. don’t care about the money. win or lose. i’ve only ever bought. keeping until close to .01. no point in selling otherwise.
i have a plan with my investment and i am holding until that plan can be realised. so long term hodler here.
i been holding since day one
this is why i laughed a few days back when almost every post was questioning liquidity and how everyone would get paid their millions. all i could think of was “trust me as soon as there is a little bit of correction most of you will leave for the next meme pump.” if you were smart you should’ve pulled your initial investment when it was 0.000085-0.000088….and let the rest ride on house money.
see you next year! !remindme 365 days
depends on the roadmap and investors, we are what makes it, if we dwindle so will the whole e o system so we need to all be in it together.
i have made no commitments.
i was holding regardless the hype is just fun
5 years or more
really did not expect this coin to blow up like this and was planning to hold for long term. i stake my coins so i can continuously get a little more every week. i initially was going to hold for 5 years but honestly i might be a millionaire before then
people are so scared of a little resistance...we were cranking and there was a lot of hype. the hype is gone people realize this is not a get rich over night if you are new and do not want to wait it out. we could drop to 3 again or go up to 125...its not looking pretty but the upside is too good not to hold
me . hold for a year or two at least , forget about it for 2 years i say . finally have enough karma to comment
got paid some shib in may and been holding and adding since then
i've only invested what i'm willing to lose. i will hodl until it makes sense to actually sell. that being said if the planets align and it spontaneously hits .50-1.00 (i know that will never happen), no sane person would still hodl.
5 years here this is my 401k
if i crack a million i might sell
me, holding it for minimum 3 years to see how much it can grow
i will hodl and continue to buy until i am a millionaire. i am in this for years. we are playing the long game here, folks. period. full stop.
i sadly had to pull out some money from my original investment, but i’m hodl from here on our
this is more of a let’s hold forever and see if it turns into an ungodly sum of money at some point for me.
to quote the great indiana jones, it is not the time, it is the milage. i plan to hold till .006 or .01ish
not selling until it does something good in my life like pay off debts or downpayment on a house at least, no point otherwise
never gonna actually sell. once we get at .01, only going to use my coinbase card to pay for the things i need.
0-5 figures does not really change my life, 6 is getting there but ideally 7. i never had the profits to begin with so i do not care what i end with. i doubt it will ever fall below what i bought it for so i'm good to go.
i'll hold it until i can retire off it. no exceptions
right now i’m locked i to holding long term because of the position that i took when i took my coins off the exchange. a major portion of my holdings are in a cb wallet which is costly in itself because of the changing gas fees. i would have taken my profits out and reinvested. i choose not to watch the market everyday because i’ve notice that my gains stopped, now it’s just minor fluctuations up and down.
timing is great for me. about to buy a house, figure i would not want to move again for 3-5 years. have a hearty lil lump o shiba in a vault i do not intend on cashing any out of until 2025 at earliest.
i'll definitely take a few gains every now and then but i am into crypto for the long term
i’m buying every day and prepared to hold for a year minimum
i've been holding for 5 months already. my 500 million coins will either make me a millionaire or i will lose a few thousand dollars. i'm hoping to sell at least 100 millon coins to get to a million at a penny. the rest of my coins can sit for a while.
i keep staking it, takes the temptation away to sell.
i’m all for holding for the long term. don’t think i’m not gonna take profits when it’s smart to do so. i will never sell my entire bag.
ive been holding my doge for almost a year now so i dont see why i wouldnt hold my shib
i'm holding. i spent 'm in it for the long game. at .01 i'd have , that is my goal for now, but i'm definitely going to try to watch all those 0s go bye-bye.
i just now got . i’m hodl for 5
stake and forget - re-invest the interest. stake and forget - rinse repeat until i retire
holding until i have enough to pay off my student loans. they are such a burden and worry that i’ll make a stupid choice and probably get out way too soon.
i’ve been holding for almost a year now so i’m ready for the long term
me holding atleast 5 years.
i might sell at this kraken deal, and buy back later ill sell if it hits 80
don’t forget your taxable income drops once it’s over a year old of you holding. perfect time to get in and hold
i’ve been holding and dollar cost averaging my position since may. i bought the big dip and have been waiting for this rebound and don’t plan to sell anytime soon. only sitting on 67million so far but planning to add more.
i'm willing to go to zero but i would not sell before it is life changing money
just extra money sitting in a platform to me. ill hold for atleast a year. not worried about it what so ever
i will stand here like this until moon🧍🏻
i'm more interested in other utility crypto long term holding. but ill stick around for a year and see where we are. shiba is definitely fun and interesting. also love they have the 1st crypto game coming out. parts of this project are awesome.
gotta hold at least a year to avoid capital gains
unpopular opinion: no one
this is like deja vu all over again.
i’m holding for a year at least no matter what
i just bought in. this is my first crypto investment. hope i was doing this right?
that hold number is not exactly accurate because of all the bots auto buying.
same here. either i loose the investment (which i don’t care if i do) or become a millionaire. about .000056
holding till 2023 under any circumstances
triple+ my investment, pull out initial investment, let it ride.
old investors leave new investors come.with every repeat the growth and price continue up when that stops is when it’s over. that is if it stops.those who continue to hold on the roller coaster will end up either lust or bust at the end of the ride.
hodling for 4month now
i will hold it till i gain significant gains else i'm ready to lose everything.
sadly, i got paper hands at .3 and sold off 500mil to cover my initial investment. now that i am free rolling, i am holding my remaining bag until i can sell 1.
not selling for couple of years, no matter what
holding my goal still 0.01 as the beginning
if it climbs substantially, i'll eventually take out my principle and leave the rest in. i'm going zero or hero
yes and no. i will be holding until my exit plan. that may well be a year or five. it may be a month or two.
i csn just say stake is my way
i bought ,000 worth at 0.0002700 now it is at 0.0007000 supposedly it is gonna reach .01 and if it does then i'll be a millionaire. elon tusk needs to pump the market with his tweets
me! i am hodling long-term.
bro no one is everyone is in it just like you to make a quick buck and dip. move on with your day in peace.
5 years. until its a norm to see this coin in the top 5.
i've been holding since may. i am not going nowhere for at least 3 years. after that i will evaluate my position and decide to buy more and hold or to sell.
not me. sold and put it all in lrc at .98
me mememememememe i will never sell
i've been holding for about 30 days now, i plan to go the full year or more
i’m planning on holding it for awhile. i may skim off some profits of it gets really up there just to cover my initial investments. but it would just be like 15%
this has always been the plan homie
i'm holding till i'm 65
hodling until life changing
i have . no more no less.
maybe not 5 years, but 1-2 years for sure.
i bought and then had my wife’s boyfriend change my password. so i’m stuck for a while.
i am assuming the low hold time is due to the bots who are now active in the coin. if you watch the transaction history you'll see a bunch of sells and buys at the same time with roughly the same amounts.
holding until the next bull cycle or $.01 - which ever comes first.
i bought and forgot. if i lose (which got me 29 million shares), oh well 🤷🏻‍♂️. still better than the casino because at least i have a chance of getting a return here.
are they ever burning more coins?
lmfaoo to everyone saying “yes” that’s the biggest lie of 2021 y’all will dump after a few months and move into the next hype coin
i use cryptodotcom and "earn" for 3 months at a time for 2% apy... may as well gain more shib for holding. i wanted to transfer out to bury...but im not wanting to take a withdrawal fee of 5mill and pay gas fees when i get to the final destination.
mate, i don’t even know how to sell... been holding for months and haven’t even looked it up yet
my plan is 5 years or .001. whichever comes first. and even then i would probably only unload half.
i’m in it for the long haul
i am holding until at least 2025 because of long term prediction to
i’ll hold . 2-3 years or more
i'm in for the long haul here.
bought for a long term did not expect to run up so quick
i brought shiba at the top and during the dip i did dca. last week pulled out my initial investment. i will hold the rest of the coins until it reach .$ 1$
i bought in 6 mill coins when we were down at 00002 range with the intent to hold for 5 years, see where we sitting. still check prices every day but it was just over 150 bucks. up to 410, never had any intention of paperhanding.
im not touching my 8kk till moon
10 years in this motherfucker! and a massive fuck you to all you paperhand bitches!
i plan on holding at least 4 billion for 5 years.
the only reason i bought was because i didn’t want to see it hit a dollar in the future and wish i had bought some.
no idea how long i'll hang on to it but i have no plans on selling until it gets nearer to the targets i have for it - and these will be balanced against the burn rate and stuff at those points in time. 0.001.01.02
i put in around . very happy with the growth but sticking around for more.
hold forever. let the seed grow on its own
i love shib and the gains i got from it but people are jumping over to lrc because it’s currently incredibly undervalued with great fundamentals and upcoming announcements with partnerships
as far as i'm concerned that money is gone, reduced to atoms. so i'll just keep living my life 'till i wake up a millionaire 🤷🏽‍♂️
i am, although i would like to use and hold it for short term and long term profits
that's an impossible question to answer. if my holdings reached over a million in value, i'd sell in a heartbeat but that is just me. ... actually i just answered it :)
i used cb rewards money to put into shiba before the massive spike and got like 4.6 million. as it went up, i sold the cb rewards worth of it to claim my initial investment and now i sit on the 3.5 million ish i have without a care in the world
i'm holding until i make about 250,000. i'm holding about 370,000 so my guess is i'll be holding a while.
i’m here for a price target, time isn’t relevant. i want to see adoption.
this shib holding till minimum 2025. why would i not wait for that penny and beyond 🚀💎🚀
i kind of have to. i don’t want to worry about getting taxed if i change it to a different crypto or put in my wallet just yet.
here for bajillions. holding as long as it takes.
me! i bought for my kids, i will be adding at their birthdays and keep it till they are 18, they are toddlers so i will hold for some time
10 year holder here
holding till at least i 50x my
nah son i am checking every five minutes !
yeah i plan on holding long term i can’t say under any circumstances because you never know what life is going to throw at ya.
i’m either losing it all or retiring with millions
hold forever, borrow against your holdings, hold forever.
bought, staked, love watching the charts knowing i would not touch until i hit millions.
i got ... im either gonna spend that shit on dumbshit in 5 years, either way go broke or get rich and become broke later
long term, buy the dips and stake with crypto.com. work hard in live and check the app itself for any activity. i spent around (.7k spent), and i'm around .9k total. if your on this app constantly or here even. you need to stop and realize that if you cannot hold for a certain amount of time, your not gonna be ready for the huge gains and dips coming later in the future. for every gain people make money and decide to sell and hence it dips, everyone is new here so they panic sell like the previous dips.
no retirement, no selling... how more simple
i am. still doing this with doge. holding that shot for l iike nearly 3 years now i think. bought it in 2018.
i’m already three days in. i don’t see how that is not an indication of my commitment.
im thinking 4 years, idk why, but i said its 4 years from now. so idc which way it goes, but if it goes up a bit i yell shiba to my team, if it goes down, i also yell shiba but in a sadder voice
5years at least !!!
i have been holding since shibaswap was released and bought more on coinbase last month and still holding lmao
buy and stacking, think it took 5 years fir dogecoin had a boom.
isildur cast it into the fire! no. it should have ended that day, but shiba was allowed to endure... in my wallet.
bought 3 million in may for £25 - worth about £150 today. hanging on till it hits £1 a piece
i'm happy with what little i can skim off the top.
waiting till my daughter is 18 which is in 15 years
shib long term? are you serious? it’s just a lot if it survives another year xd
bitcoin didn’t hit what it is now in 1 year. that’s all i’m saying
for the (long) long term !! have invested “afford to lose”. i want to enjoy as many 🎢 or rodeos 🤠 as i can withstand 😜 i want to make a journey to the moon 🚀 🚀 🚀 with or without jeff and elon 👨‍🚀 🐹 🔥 🚀
minimum one year, i actually only bought shib recently, patience!
holding till my coins are worth 2 mil. however long that takes
i am i just put money i don’t need in shib
have to be committed to hold and watch it immediate(day to day up to 3 months) or hold it long term. right now it is just a gamble on whether or not the "next buyer" believes in the value of the coin as higher than right now. --> it's a human psychological play. hopefully, its use a form of payment with vendors is accepted and increases over the long term thus increasing value though! for example, the value of the usd and its role as the top global fiat currency comes significantly from its function as the currency that the us government accepts as the fiat currency needed for the purpose of paying taxes, along with its widely considered role as the "global reserve currency" (fiat) at this time. my opinion (not investment advice) is to hold it for over a year...or have the time, capital and trading knowledge to get in and out in the short term on the dips and rallies to make a profit (not necessarily beneficial for the long term value prop though admittedly and riskier).
i buy and stake for 3 months at a time.
got most of mine locked up until january
my initial investment back in may was an invest&forget. didn’t think much of this joke coin and thought it was funny to invest in it. it’s turning out to be a really serious coin and my best investment yet. lmfao how the turn tables have…
why did you stop eating psychedelics? you are missing out.
in for a minimum of 5 years
i will be pulling out half of my money before the bear run. the rest will ride for 5 years. i will completely forget abt it.
i’m holding at least for 15 more months. it’s had crazy gains this past year and hopefully it’ll have more crazy gains over the next year. my fiancée wanted to buy a house but we can’t quite afford it yet so we have to sign another lease with our apartment but it gives me more time to hodl
i am. for me it is retirement or nothing.
i will either lose everything or gain so much that me and my wife will never have to work again
most people that are new to the game have paper hands.
im here for the long run, its all or nothing. im ready for the good and bad times with shiba
i staked a bunch, so...
been holding since early summer at least, only bought more.
day 1 i was buying i told my self 1 bill to hold and 100 mil to swing trade
i bought 30mil, wrote down the account and a impossible to remember password and buried it in a time casual in my garden. holding until death or rich.
i'm holding to pay off my mountain of student debt - which is not going to be any time soon. here for the long haul boys and girls.
all the way. see you at the end boys.
holding 6 months already! no selling in my future! just buy more!
long enough to make a difference
i put 600. my investment is already up x10 but i am not paying all the cgt so imma hold for at least a year to cut that tax in half. (australia) but my goal is to have this hit 0.05 and i know that am not happening in just 12 months
10 minimum just like my other cryptocurrencies.
if it is not paying my moms house and my new house off then i'm holding.
i staked it in shibswap last night so at least 6 months
holding 150 million for at least a year or till it is over 10 cents. i may sell off some when it gets down to 2 zeros to pay off some debt and buy some toys or take a vacation.
i have a 7 year strategy for shib, i'll either start to reduce my portfolio when 7 years is up or when we hit, 0.0025. whichever happens first. i'm also investing more each time we lose a zero, since it just solidifies the token is strengthening to be something bigger.
hodling for the long term!!
at least a year. i invested ,000 when it blows up i might pull out the 4k i invested (reinvest it) and hold the rest for the long term.
got about 10.4 mil and not selling all out until i get get a decent amount from it, like a million.
i’ll hold for as long as it takes
sold 20% and got back my investment. i will hold the rest of the 80% until it reaches 0.005 or more. be it a year or 5 years.
long term hodl here. looking more like 10 years for me.
i got a large "pool" i do not ever sell and try to add to. i would not sell until big thresholds are crossed. however long that takes. ive accumulated to it from 7 to 10 to 13 (you decide how many 0's to put after it. the point is the same wether i mean 7 hundred shiba). while the short term amount i had separate went from 3 to 6 and back to 3 as i decided to shuffle some of the short term gains into my long term pool. so if i got . . when . i put . this has allowed me to learn about the market, crypto, and stocks. and i still have a long term pool that will always be making up for any loses (if any) on the short pool i play with daily. and i never have fomo because i am not fiddling with that long term pool that is been around since the beginning. so my fomo is only limited to a small portion of my total assets that i have set aside to learn with. i've made some "bad buys" here and there. but it just means i wait a few weeks before i sell back and break even or for a profit. tldr. i divide the money i invest roughly 70%%. 70% goes into long term never sell. 30% goes into short term. if the short term grows bigger, i'll split it into the long term. hodlgang, yet i sell. i am the hybrid.
coinbase holdtime means nothing it is people being smart and moving their crypto to secure wallets as cb is just an exchange!
i told myself to hold until at least .01. that'd cash me out around 90k (or more? less? idk, five digits) if i've made a dent in my debts by then, i may hodl still; if not, i'm pulling out to wipe out my debts 100%.
holding for years. if it squids, so be it but i am pot committed to ride or die with the dog.
everyo single one here that bought into this expecting to be a fucking millionaire next monthclearly missed the point.
i hold for at least 2-3 years
i want to hold for more than a year or 2.
set it & forget it. i'm in for at least a year. my limit sell is set for .05, if it hits 'll just bump it up.
i have 50mil shiba, and i will sell around half when it reaches around 0,01 and hold the rest for the future no matter what.
bought some and holding for several years is the plan .
i pulled out my initial investment, so i’m just playing with house money now. i’m holding for the foreseeable future.
holding shib and spooky shib
10* and then i think 🤔
i have 100 mill shib and holding for 1-2 years as a part of my retirement plan (all going well).
i am holding till it get's to at least 10 cents a coin. even then i will probably hold longer if it seems like it is still going higher
i plan on keeping mine for long term 3+years. unless of course i look one day and it is a nickel before then.
hodler for at least a year
i've put . haven't put much more in because money has been tight, just got a new job going to take advantage of the dip seeing how i was up by almost 6 times my initial. buy and hold till i lose or see mad gains. the time frame does not matter to me, i can make 25,000-30,000 a year selling my time or i can potentially make more by just holding and forgetting about it.
yeah dude i honestly bought 15m shib and then hid the app. i would love to be one of those people that remember way later on and just fade into obscurity with my barrels of money. it’s the millennial 401k.
got a buddy who cashed out in april, cost himself about oooo 2 million? he’s a sad boy rn
i've been holding for over 120 days.
i threw . i’m just gonna watch it marinate for at least 5-10 years to see what happens.
depends. if it goes up slowly yes. if in one year it is the same price i’ll move on until it starts to move.
hard to do anything with it. when i have it staked on shibaswap. 🤣 waiting to figure how they plan to switch in shibarium before i touch my staked crypto as gas fees are not worth paying again to withdraw and then transfer. ><
i invested an amount that i’m ok with thisappearing but will also allow me to retire if this makes it above .01
it's not gone wrong yet
mercedes slogan "the best or nothing" is applicable in my case
i'm not dumping till i get the $! lfg!
i have the chance to become a multimillionaire. i am fucking hodling!
i got in pretty early and only have a small amount of play money in it, so if it went to zero for some reason, i would be like oh well, i lost the equivalent of taking the wife out for dinner at a mid-range place. so yeah, i'm just holding it for 1-5 years unless something goes weird with it and it skyrockets above a dollar, which from my really really basic understanding of crypto, is mathematically unlikely.
i’m all in. will cash some out to pay off mortgage.
i learned stock from apes, all i know is how to hold my assets. i’m not really 100 percent sure how to sell tbh
i like fruit. fruit has seeds to grow more trees.
hodling till million or i need the money that i dont end up in jail
not me. as soon it reaches 1 more digit im selling.
i buy different stuff but i'm holding till i can spend it as easily as cash.
i have all my shib on shibaswap since july. all the new shib i've been buying since is staked in crypto.com because gas fees too much to move over. if i had an option to stake longer than the 3 months they offer at a time i would.
i’ve already been holding almost a year
i have 5 mil that i plan on holding, but i also trade on the lows and highs
i will be honest, i may be a paper handed bitch, but if i hit the amount i need to pay off all of my debt, about , i am selling. given i do not see that happening for a year or so, i guess, yes?
i bought doge under a penny and sold around .52 i have me exit for this coin as well, there will always be another
10 days!? who tf is hodling for 10 days!? i’ve been hodling my shiba for 9 months now 😂 i bought my coins on crypto.com, immediately staked it for 3 months, bought the dips and once all of the coins were unlocked after 3 months, i would lock them back up for another 3 months! i’m just 15 days from another unlock and guess what!? i’m locking them back up for another 3 months! this is the way 💎
once we get listed as the top or crypto.
guys just got dm on twitter for shibu event, follow the link. >
im a fuckin coward? no!
it's in a vault and i'm continuing the grind
yeah. just bought some. 70m- hold and not watch it. see what happens in 3 years. that’s my timing.
i only have half a million coins but i bought and will just forget about it, leaving it in my wallet and probably check in every other week or so. honestly i might just leave it alone and hopefully in a couple of years it becomes a gain if not it’s fine! but will definitely hold!
my plan is 3-5 years. bought it back in may at almost ath (my average is 0.00025) and still holding and never thought of selling neither when it went down 3 weeks later because i am hodl and for a long time 3-5 years! 💎🙌
hey uhm i wanted to start with shiba inu when should i buy?
100%. i bought cardano about 6 years ago and still have it. i'll hold shiba and do the same. definitely in it for the long haul! 👍🏼
you people are technically insane
yup, 5 year plan been hodling and buying the dips since beginning of august.
why not? i’m not exactly smart enough to ‘play’
at least 1 year
for every 100% it goes up i will sell 10% of what i have... but for now... just added 22,573.76545686 shib
i'm holding for at least a year
i bought and it promptly went down. guess i’m in it for the long haul
i will only think about withdrawing from 0.1$, that must be long-term.
wonder if shiba can be mined in the future
i'll hold until the wave is over, then sell and buy more when momentum turns.
i am at least 2-3 yrs lol
this is the f**king way!!
coke and strippers or living on the streets, won’t ever sell till million £ +
i put . idgaf about making , idgaf about losing it. that means i’m going to hold until either something big happens or i lose it all.
i bought and staked my coins. waiting for 1-5 years but as it is i will hold no matter how many problems in life i have due to the potential of a future beyond what’s anticipated 3 month, 6 months, 1 year from now. i believe everyone needs to try and invest even if it’s a little for a better future
i sign a personal contract with myself call the “crypto commitment” hold minimum of 1 year at the very least. you don’t want to be that guy that sold for a couple thousand dollars profit, when you could’ve waited 3-5 years and been a multi millionaire. if it’s tough to hold just remember, would you wait 3 years if it meant being a millionaire?
i'll hold for long term
im in it for the long haul
me :) unless it goes to the mood faster
what are everyones thoughts on people stating that shib cannot even make it past .02 much less to a ? due to mc being in the quadrillions and being nearly unobtainable? i mean i do plan on keeping my millions of coins for long term and learning.
i am says the cat.
however long it takes... hodl until it does not make sense anymore.
shiba probably won’t be worth much in five years let’s be honest
me 30 yrs … if they burn 1 trillion a month i anticipate it would be worth much more than a penny.
it's forgotten about until .01 lfg!
dec 26th is the date boyz. the campaign begins. stickers and signs in every city people. spread the word. all it needs to say is buy and hold shiba. i have heard it from a hedge funder i work under
i am at this point i do not need to look at it every day, im chillin
5 years for x50
hodl for 3 years minimum. to the moon 🚀
get some ryoshi too bitccccch gain gain gain
i'm gonna hold for a couple of years and i'm buying , idc where price goes i'm just buying and holding.
i do not know i just know i bought a few mill and forgot about it probably will stay that way for the next 10 years
me, i have my true investments in pocket. but wirh shib, what's the harm in holding? i dont need the money. let's keep this community going!
said i’d hold for 5 years when i purchased in june may never sell if you can just buy everything with shibu then
since shib is going to interact with ethereum i’m holding for at least a year it’s a no brainer
holding until at least 0.10 or . i’ve only spent ’t see the point in selling unless it’s a life changing amount
i just by .
i will definitely hold a portion for 5+ years though i will take profit along the way, just being honest. i may not make as much in the long run if it flies but my personal strategy is always secure profits. when i'm up on a trade and i'm satisfied with the profit i sell a % and hold a % incase it continues to climb. this strategy has served me well. being greedy and watching my profit thisappear has cost me dearly. on the flip side of the coin selling my entire position just to watch it skyrocket has cost me dearly in missed profit so now i split the difference and sell some keep some. i do not keep a certain % every time, really it depends on where the trade is going and how i feel about the outlook. i use this while trading stocks, crypto, ect... just a personal strategy i use good luck everyone and go shib!
i got shib for my great grandchildren... now i hope that one day my kids decide to have kids...
i decided i'll hold either long term or i'll cash out at 30c, whichever happens first either become a multi millionaire on it in 2-3yrs time i'll take whatever profits i've made and be a happy man
yep don’t even look at it when i see a bunch of lambos i will take a peek
for me, it’s the long game. i’m sure of what i believe shib can do, so i’ll wait to cash out when i know it’s right !
what’s the point in selling it?
about 4 of you guys are
im 19 so i’m willing to hold until i’m at least 24 which by then i will either be a millionaire or still be hopefully well from whatever i do as a career
holding until we all are rich af
ahh i see. you want people to hold the bag for even longer lol
long term for huge gain. diamond hands until then.
i damn sure gonna hold!!!
1.2 billion here waiting till i become a millionaire
i have 7000000, i'm "using house money" meaning i have sold enough to make back almost all my initial investment, and i will hold it until it turns into literal millions of dollars or craps out. at this point its boom or bust for me. i will say that if it loses significant value again soon i may do a heavy rebuy to do the same thing again, just with more
will if it hits
i bought from 000007 and iam daytrading 50% of it now but other fifty iam holding
at least 9 figures of my shib is locked for two years. couldn't move it if i wanted.
mate, bought gme, im certain i can wait
i already told me friend that in 2025 i will be in dubai still holding
me i’m excited to see where it goes
yeah, i'm long-term unless it somehow eats 4 zeroes in less than a year
you would have to be a fool to sell and not hold a bigger fool to sell at a penny like most people plan on doing. their go to market strategy is unlike any alt coin. they actually have a plan in motion and are not a meme coin.
i just wanted to make the point that the typical hold time on coinbase is not a solid metric of hold time, many people buy on coinbase and then move their , like myself. i did not sell, but my assets moved into the custody of my own wallet, and there for my hold time on coinbase is very short.
, i'm already over 1 million shib and looking forward to many more millions.
oh yeah, just gonna keep staking over and over.
i got nothing to lose lol i work full time already and i'm not in financial stress in any way so holding will be either until i get the gains that are acceptable or the project itself provides an interesting roadmap where i say "yep, i can wait longer".
i am, i just have invested 800 dollars that i don’t mind losing, why would i put in 25k and panic and get a heart attack every time it goes down 2%?.🤣🤣🤣
got no choice but to hold. i’ve 10x my investment but why not leave it in here. actually i sold off a bit for our family vacation but still up 8x go big or go home
i'm the long game king.
fyi if you hold less than a year you have to pay 40% on taxes. don’t sale your self short.
i’m 47 with no fucking chance at a retirement just spent .5 million shib may not do shit for me but at least i can say i own 2.5 million of something if it does turn into a retirement just wow
3 years minimum for me
not until it drops 80%
i'll hold for a dollar. then i'll hold longer!
mclarens or mcnuggets, i’m either losing it all or becoming a gazillionaire
i only know how to hodl. let you know as soon as i figure out what. anything. i end up tossing things in the trash before i can sell. true story. i never even sold any of the vehicles i owned. tossed 3 in the trash. still own 4. 3 of them still on road drivers. i cannot sell shit.
100m+ shares strong. hodl till at least .01.
been holding 6 months already and not going anywhere anytime soon. but i’ll never commit to a random time frame. but i’ll hold as long as i feel this coin has an improving infrastructure. but if it loses steam and everyone’s bailing without anything to help me believe it’ll change i’m not gonna hold it just because “it hasn’t been a year”. that’s just bad financial intelligence.
under any circumnstances is just a dumb premise if you consider youserlf a good investors...it basically means you do not have a plan and neither a risk management in place. also this post suggest you are searching for support because you do not have much confidence in shib itself...we know what happens in this case.
i laugh at all the typical hold times for any coin. means more money for the ones willing to wait it out and make big money instead of a quick buck
i’m holding until the entire world accepts all crypto currency as legal tender.
i do not know if cb's hold times are all 100% true or not, maybe in case for some who like day trading with crypto, but for people like me, i tend to buy and hold like stocks and maybe sell later once i need the money or the evaluation of the crypto is at an all time high and i would like to retire earlier than expected! lol
i threw 100 usd on it and now it is worth just above 510 usd. i would not die or go hungry without these 100 so i will let it stay for years. zero or hero, 0 or million
i’m holding to a
i have planned on holding between 3-5 years. i will only partially sell once it hits 0.01
if we don’t burn it to the point of seeing $.01 by the time i’m retiring (26) it’s just gonna go to my kids and grandkids. this whale of a coin will hopefully be smaller whale ;)
i either get rich or i get to
i’m holding till i can live of the interest
if it’s my only chance of getting out of the rat race before 45-50(if i’m lucky) i will keep fucking adding!
buy & hodl till .10 no less , not financial advice
i'm holding until i can buy anything i want with shib directly
depends, what year do you think shib will hit .01?
90k sounds cool but would not do much i feel so fuck it. either i become a millionaire or lose it all.
i have , and . either it skyrockets, and i make something out of nothing, or it crashes, and i lose . let’s ride for the long haul.
any circumstance? if shib takes me to the moon and i have enough cash-out pay, i think i'll take it. life can be very good with debts and expenses paid for. even to get a workspace to get back into metalwork and sculpture would be huge for my mentality. until then, i'll let it sit like everything else i have. 5-10 years minimum.
i have a 5 year goal with shib. same with kishu. gotta wait it out! i got in at low 5 0’s and this doesn’t phase me, but i like to think i’m the king of hodling after dealing with amc and gme the last year. 😂
within reason, why not?📈
i bought 1.5 months ago so i saw some nice gains. took out initial investment and then some and staked it in eth 2 to be safe, the rest of my 180 million shib is a long term hold, unless it hits 1.25 million dollars in value then i’ll cash out and buy a house
f&k it, i’m just never gonna sell. holding till grave, signing my will of my entire tree-shib to my children
probs best to ask this question after some kind of real retracement. mid euphoria, might not offer the clearest results.
remindme! 1 year i held. thank you past me.
here for the long run
i already took my original investment out so it can sit forever.
only know how to hodl and hoard.
i will. i already made my mind i will remain in this investment at least for next 5 years. of course i believe shib will become really significant in long run. and many people do not understand how charts work in long run. i do not care about what others say. i like shib and i want it get grow in study way. i do not have any urgency or pump and dump type shit and it is really good thing shib does not care about elon's tweet as much it used to...
i'm on house money. let's see where she goes
i am planning to hold for another 15 years. either i wasted .
i have 300 million and i won’t sell it. i have over 0ne million btt that i have owned for 3 years. if it doesn’t climb what’s the point? early on when i was just starting in crypto, every single time i have sold and i do mean every time i have regretted it. because it ended up going up later. so if it isn’t life changing then why bother. i didn’t do this to take myself to mcdonald’s i will wait.
why would i want to take away my daughters college fund-up money...? lol, but seriously, i'm not planning on touching my shib unless absolutely necessary.
this am not an overnight affair kind of gig
if it takes 1-5yrs to get to , then that’s how long i hodl. simple.
at least another 2 years.
i’ve been holding since .00000708.
75mil shares and holding. i don’t mind parking them. last time i bailed out on a coin it made me sick. i put .003 i took a 200 loss and sold. i’ll never forget that.
i am holding my hundreds of millions for at least close to a dollar, i don´t care if it takes a decade.
i'm already in the green by a lot (percentage-wise). i will hold as long as it takes to get to .1 (and i will still hold)
my money moons or burns
i bought back in april and haven’t thought once about selling. that’s how committed i am
i will hold till 2024,,,to the monnn😍😍🚀🚀🚀🚀🚀😍🏳️‍🌈👍🏳️‍🌈🏳️‍🌈🪙🤕🤕🪙😍👍
hello fellow cultured being
i'm holding for 8 years, then out
i have a modest shib position; just over 15,000,000. my trading plan is to hold it for 5 years minimum no matter what.
shiba inu will pumping tomorrow huge recovery 💪 🙏 🙌 👏 👍 💙 💪 🙏 🙌 👏 👍 💙 💪 🙏
lol it is been about 2 weeks for me and i'm wondering if it is just gonna keep tapering off
hodling till .00 or zero. period.
shib is a joke and you people are delusional.
we will more than likely be in a bear market by this time next year. i'm taking profits.
i plan to double my investment and scrape off the top to invest into saitama. i believe saitama has a brighter future. but i will keep the remainder till “i become a millionaire”
i am committed to hold as long as we can pay for goods with shiba and crypto as normal peoples currency .hate banks ,cant even think about converting back to fiat and withdraw to bank .
they say it will be worthless very soon🥶
it's either to the moon or til my investment is worthless with me. i've mentally written off my initial sum and will not touch it under any circumstances. i have it in locked staking to avoid the temptation to sell.
z e r o
you should only hold till you're a millionaire if you already have ,000 invested in this, i see a max 100% upside from here, and maybe a 150% upside if the market goes parabolic. everyone needs an exit plan. i took profits yesterday and might look for a reentry but right now there is not too much more upside realistically. let's be fucking real, shib would not flip bnb or eth. i see maybe another 100% from here at the most, but anything more and you're kidding yourself. no way does this flip bnb. keep your expectations in check, cause every smart person has an exit plan. if you think this is hitting .002 you really need to rethink your strategy.
definitely in it for the long run. really curious to see the long term effects once burns accumulate.
it’s all or nothing. i’m up now but i won’t sell till i can change my life
here for the long run. been in it over a month, not sold a bit and still buying on dips, have 25m, goal is 50m that is what i can risk
me. at least 5 years is what i told myself
i'm holding until i am a millionaire or i have ruined my life due to a crippling crypto addiction
i used a very small chunk of my house sale profits to put into shib. either i’m gonna lose it all or become a millionaire. hodling for dear life
the only thing i want to buy from shib is a gaming pc because my salary doesnt really let me get one, the rest ia going to be hodled
i just keep dumping in, currently 34.6m strong
i'll hold long enough to enable me to retire or until it looks like it is going to nothing.
until i don’t see 7 figures, nothing to talk about. and even then…. why would i sell?!?
probably most people in here
i vow to .006 or lose my investment. 🚀🚀🚀
been holding ans and adding since june.
i threw a few hundred in as play money, i'm gonna hold til i lose it all or make some good money in 5 years.
i have to hold for a year i wanna sell tax free
i would hold great part for long termn, but if i get enough to pay some expensive expenses, up to 75% is up for ir.
i will hodl no matter what at least 2,3,5years maybe more?
i already took my initial investment out so i’m just gonna let the rest ride
the moment my 90 day earn is over, i re-earn for 90 days. coming up on my 3rd time. i make quite a few tokens over a 90 day period and there is never a temptation to sale. plus, i do not think we are hitting my target for at least 1 year. take the free money in the mean time.
shib is my set and forget yolo. picked some up early on, added to my position a bit and now it’s going to just sit there until i either get a notification that i’ve made a bag, or the value has withered into nothing
i want to hold for atleast a year so it counts as a long term investment and capital gains tax wont rape me as much if i'm not mistaken
well, after the next dip i am keen to keep my next buy for longer terms now that i have seen the heights we can go. talking of dips, why is shib dipping now while listing is ahead?
definitely me. just a 31 million share hobby.
i’m 6 months in and i’ll stick with it for a minimum of 5 years. just waiting for 0.001 and i’m sorted.
been holding for 9 months, ready for another 9 years
i shall hodl for a year minimum, or until goal price comes around.
if it ever hits .005 i’ll be really tempted to part ways with at least half. if my circumstances change between then and now and i need to cash in my investment, i’ll do that too. otherwise i’ll hold on until it just makes sense. either way i plan on holding to long term tax threshold. if it’s stagnant i can take my profits and find another venture.
my tokens are basically gonna rot there til i get millionaires, or dying first
no lol, as soon as this goes up 300% or more i sell and buy something more worthwhile
created 2 wallets for my daughter who has just turned 13 with a few mill in each wallet. composed two emails with the details of one wallet that has been sent and predated to her 18th birthday, one with wallet address and the second with the password. hold 5 years. second wallet can be accessed the same with way via two predated emails but on her 21st birthday. hold 8 years. who knows how much the wallets will be worth in 5 and 8 years. just hoping it is enough to set her up for life if anything ever happens to me
bought 3.7 mil for 15€ back then, im planning to hold for at least 2 years. will see what happens :d whish you all good luck with your coins!
i bought coins when it was at 0.00000683. total investment .50 dollars. i shall hold. i can sacrifice my mochi treat for the week or gain my children college fund.
i put in 10k. i can afford to lose it. so i'll hold until i make big money. or it goes to zero.
hodl till +200k € or total 0 zero bankrupt.
holding for as long as i can. i’m only putting in what i can afford and understand if i lose that.
we all need to hold for at least a year for tax purposes.
i only day trade it at webull. haven't taken a dollar of profit yet from cb or crypto com.
stay zen 💎🙏🏽💎 let’s fackin gooooo 💎🙌🏼🚀🚀🚀 more apes keep buying more! 💎🙌🏼🚀🚀🚀
me... because the minute i sell it will rocket to .05
i wonder how accurate that is. is it a metric for coinbase buy and holders only?
i plan to hold until .01 at a bare minimum. that will still be something like a 1000% return on what i invested. i do not see the point in selling otherwise.
me. this is the way
i currently hold about 16mil shib! am committed for 1 year 100%, 3 years is kind of a harder question but more yes than no! as for 5 years, currently it is a no most probably
i'm already a year and a half in. made it through the world's countries worst financial times. i think i'll be fine 10-20 years later.
yes, i plan to hold long-term. i know i sound nuts but i really want to see it reach a dollar. then i may sell a million out of my many millions just to add comfort to my life, but other than that i do not have plans to sell quickly. taxes will be a bitch too so less motivation
i'm taking profits and leaving 80-90% in shibaswap for passive $$$.
i have these things i am trying to purchase in life right now. my wedding- + my car- i owe about a house- + (we love expensive states) my student loans for my masters which will be completed in a few years -50k ' so i need at least .
yea i bought about 2 weeks ago and will hold it, it’s something to maybe get excited about but at the same time if it all goes tits up it’s been a fun ride.
my goal is to have enough money in (over time) to make it worthwhile but not enough to worry about if it tanks
i've got over seventy percent of my volume staked on shibaswap. i'm not going anywhere.
34 million going loooooooong. planning to load some next week. waiting on my crypto allowance from the next check
1 year minimum to circumvent a higher capital gains tax
i keep saying i'll wait until 10 cents but realistically if i saw my shib worth like 20-25k i'm bout to hop off.
i bought at the run up in may and watched my profits dwindle for months and i am still holding. this last run up i made my money back plus way more. but i’m ultimately here for .01. until then i’m just living life like normal 😎
i figured its going to take that long to truly get a good return. my initial thought was a minimum of 5 years.
i dug all my shiba in my hardware wallet...
it's the future so to not have it seems kind of senseless
kind of. i have 2 accounts that hold shib. the one i watch like a hawk and have a specific, more short term, goal for that one. i have another that i plan to hold for as long as necessary to achieve another goal hopefully.
ngl i only have . the rest came from coinbase freebees so i only have 2.3m coins. i do not give one hot shit about the price because i’m really only out . so i will happily sit on the coins for however long i want to. i do want to cash out of coinbase though because i hate that platform (double dipping on the buy and sell) and move to webull or something.
why would i sell? to make a few hundred?
i'm holding one year minimum, if it is doing well ill take some profits and hold the rest.
not selling until i earn something life changing 🚀🚀
i will plan until i make 10 000 000$
i'm holding for 6 months, then 8 then a year than even more once i get it.
i’m too cheap to pay the fees no matter how high it goes 🤷🏻‍♂️ easy way to hodl
holding minimum of two years. my investment is only 350 and it grew to 1700 at one point. i'll only cash out incase of an emergency
i'll buy again after some dip
same here. i have 2m shib... just gonna let it sit there. i will gladly sell it for .
i was gonna hold, but then i went on a date and needed money for it. took my
2-5 years dependent on how large . no more, no less
holding long term unless life gets in the way. adulting can sometimes smack you in the face but otherwise hold to the moon or the basement whichever comes.
i got my shib locked for over 6 months on +1000%. diamond hands baby
you can help burning coins by listening to official shib burn playlist from spotify. company called bigger entertainment have brilliant business idea. they get money from streaming, they hold shibas and the more they get streamed the more they will send to dead wallet. on the other hand they still have shibas which will grow in value. it's win-win-win for everyone. every played song burns 20 🔥🔥 \+400 songs in the playlist = 26hrs 🎧🎶 if 50 000 shib holders run the playlist one time through = 400m burned! 🔥🔥 imagine 300k holders do the same🔥🔥 (= 2.4 billions coins burned) check out biggerent at twitter➡️ this is legit! ✊ can’t paste link but search spotify list for shib burnerofficial
currently have 9m, might add to it over the next few months, but i'm looking to hold at least til november 2022 - aiming to get a 6 figure sum from it
i’m a massive fan of staking it after i buy more each pay day….it means i will forget about it and come back in 10 years - lfg
50 million shibs here. just gonna hodl and see where it goes. would love to see it touch a penny regardless of how long it takes. would set me up pretty nicely
shibu inu drop is live now, sharing the link. >>>>
with crypto.com i’ve been staking it 3 months term. i’m going to keep doing this, earn the interest and if shib 🚀🚀🚀. still do the same thing and sell what you earn instead, that way you pay yourself monthly tell me if you guys have the same idea?
i'm just holding until the day i see the price hits at least 0.2. going to be years... many years
i see it like this. from 2013 to last year doge was a joke but anyone who held for that long made guap. this could take 10 years but in that time you should be able to get at least 100 million shiba. had i known doge was going to blow up like it did i would have taken out a loan and 1000x my money. hodl to grave.
what pisses me off is i was right on the cusp of making some real money. where even a 1% is a bigger diff maker an then the smart money had to cut my legs off. higher it get the more my money multiples so i really really really wanted to kill a zero!!! i'm still hopeful it is just gonna be painstaking more difficult to watch my returns dwindle.
been holding since may
i’ve been holding for 6 months already, hold!
im really trying , but that 250 percent gain is really dangleing before my eyes, i also just became unemployed so might have no choice but to take it :(
i set up a
i staked 62.5 million shib so it is not going nowhere. earned me about 75mil ryoshis too which hit around 85 bucks today. i have 22 million liquid that i might move if its ever worth 10-20k but the 62.5 is staying minimim 1 year possibly 5. honestly if it goes up i'll probably only partial sell off and hold 75% til another 0 comes off each time. i want life changing money
i planed to to hold shib at least 10 years !
at least 1 year so i can get a 15% tax instead of like 45%
shiba coin is the future it rising day by day with time shiba inu coin will rule the world .who is on my side ?
i know many people say i am holding, if a bad news hits and the price start going down all start selling it.
better hold crypto of some sort cash is trash
honestly just buy and forget about it, social media will let me know when i'm rich lol
if i cash out before a year, i pay income tax, after a year i do not have to pay taxes at all...
logging out for 2 years
i am not a rich person. i have 7.00 in savings xxx in amc since january and bought 4mil shib a while ago for 40 bucks. already regret of not buying more. very easy to buy and forget. i'm optimistic we will have our day. 🤔😁
i made a few remind-me posts for 1 and 5 years already. yeah, im in it for the long haul.
i'll take out money only for necessities which i have very few of
average holding time on coinbase is 10 days.
think im gonna buy more...
yep got in at .000027…for 90mill of the little poopsters. i’ll check again xmas eve 2022 to see if santa’s been.
i started with small amount and i want to hold till money matters, because inflation might left us without money
well seeing as part of my shib is my kids college….i got nuttin but time.
i plan on holding until 2025 or longer.
not even a question. that was my strategy before i even purchased! holding.
i think the best way to do it is to take out a small percentage, if i get into a position of owning millions worth. this way... i have enough money to sustain myself, i do not crash the market and i can get more. it's about not being greedy at the end of the day.
i put mine in cold storage and i do not even check on price anymore.
[is shib a good investment?]( it might be a surprise to many (or not)
your gettins scammed lmao
i might pick some fruit as it matures before i chop the whole tree down.
if my investment hits half a million dollars, i will take 100 k off and invest somewhere else and carry on with life.
this is actually a great analogy for investing in general. i have seen too many people (and fallen prey to it myself before) of people who cannot just leave their money alone. if you trust your investment and there is no major reason to change your perspective, be patient.
i thisagree. when i was in my teens i used to eat lots of psychedelics and watch the trees grow! hell i’ve even listened to my hair grow! don’t you tell me how to look at a tree!
hahah hell yeah. one of the best feelings. i checked one of my hands off brokerage accounts after like 3 years and was like holy shit! should have put more money in haha
my grand kids gonna wake up to big ass trees one day
this is the way. but watching is fun imo
so basically you’re willing to lose everything without even having a stop loss? zero risk management is what you are suggesting? may god save your soul lol
if you’re going to do that make sure you stake
depends on the "tree" lmao. i've grown many different edible and usable "trees" and definitely watched em grow more than a parent does their own child x1000, let alone a front yard tree.
buy and forget this is the way
i forgot i bought tesla stocks 6 years ago. found it last year and was like wtf? then i chopped that tree after the split. now i’m here hoping this little shiba inu will fetch me a rocket ship to the moon. com’on, boy! 🐕🚀🌙
yeh same i initially bought back in feb and have added since then. not huge amounts mind i only hold 11.2 million shib. no plans of selling unless it gets silly in value like 0.5 perhaps
the best time to plant a tree is 20 years ago. the second best time is right now.
we. don’t. do. short. capital. gains. tax. i’m only buying more from here.
this is the way! i check every now and again, but i did all the chasing, wasn’t fun. so now, buy, leave in wallet, check every now and again
yeah i'm with this guy. forget small gains. i'm in it for the long term
this is indeed the way. 14m shib and im holding. i will become diamond hands
bro, i’m the same way lol. i already lost my money once i put into a project lol
ride or fucking die i am with you
if i’m not a multimillionaire at the end of this, i’ll be upset…...with myself for selling so soon
omfg finally, this should be the way
i wonder if buying more offsets average hold time
yep, i dont want to be the guy who sold btc 10 years ago. holding for real profits here.
i’m in the same boat!
i do not do the trading game. i buy and hold until i can cash out with significant gains or the project literally dies.
there is a possibility that neither happens
well thanks for your sacrifice bag holder
i also choose this guy's lost investment.
hey dude. i said to a friend of mine, "been broke for 30 years. i know how to live broke so if i lose it, fuck it." good luck to you dude.
just make sure to stay alive and healthy yo enjoy it!
right there with you bud🙏🏻📈
what country are you?! 55%?! yikes.
iirc he fcked up right
thats a great way to basically get paid to learn. go with one thing and then learn about crypto as much as possible. eventually you'll probably be used to holding your initial investment and start dabbling with other coins or investing more in shiba. i would definitely encourage venturing into other crypto subs and visiting their websites to catch the vibe considering the vibe tends to be overly optimistic on every single crypto on the market, they are all the next best thing. with that being said shiba has a solid investor base which might be the most important thing. anyway good luck.
check out shibaswap. you can stake there for different rewards.
it is possible on hotbit if you do not already have hotbit i have posted a link below they are great you can stake a lot of different coins there and have great interest rates
what makes you think it will hit $.1?
same idc about the money tbh it is their future 🙏
i invested my kids too
as somebody that has been investing since before crypto was a thing, my only advice is to diversify. when it comes to things as volatile as crypto, especially shib, nobody knows if it is a good long-term investment or not. so it is really best to have your money in a few different things so if one thing tanks maybe your other investments have made up for at least your initial investment into the failing one.
yes, this is my plan as well.
how does it feel to be a better man than me??
ha. i drive a ten year old avalon, but holding!
my harley literally has pipes dangling, no reg no insurance and is my daily drive and i’m holding
>not going to have it stolen taxes are not stealing. it's you paying your fair share to live in the community and society that we all share. you ever used a road? taxes built that. you ever used a school? taxes built that. you ever needed firemen? taxes pay for that. have you ever received a piece of mail? taxes fund that service. you ever used the internet? taxes paid for the research that helped create it. have you been vaccinated against covid yet? yep, taxes. if you do not want to pay your taxes, then you need to gtfo of the country and find someplace where the people you'll be sharing that place with are fine with you mooching off of them. edit: apparently you said [this]( >i have a public employee retirement fund. so apparently our taxes are paying your goddamn salary and for your retirement. so you're welcome for me doing my part to fund your selfish self.
this. i got in in june and actually use what i had profited from my doge to purchase most of it. i have ’m up over 1300%
🙌🏼 thanks for helping me understand that part
what about everyone who's staked?
will never get to that price the market cap would be in the trillions
the market cap will never get in the trillions for that to happen not to mention it would have to burn 99% for the remaining coins to be worth 0.01 the math is against it. there are more shiba coins than stars in the milky way.
i don’t know man, those happy meal toys are the stuff of legends… 🚬😎
it’s not tapering off though it’s just chilling right now.
>it is just gonna keep tapering off it's up about 800% for the month, it wouldn't be healthy if it kept on skyrocketing, consolidation is completely normal and a good thing to happen! if you got in 2 weeks then you're already sitting on a tidy profit.
if you don’t mind me asking, what has been the dollar increase each month of the 6 months that you’ve been holding?
i read "as such" three times in two paragraphs and had to stop reading.
never chop the whole tree down. this is coming from someone who sold all of his bitcoins during 2017 bull run.
this, but i will not totally deforest it, i will just lovingly trim haha
next time i shrooms it up i def am going to go watch trees grow. lol. i was tripping lsd a few months back, went outside in my white tights, laid on the wet grass in the middle of the night and watched the sky. the stars started moving and strange lights appeared. i was like, "oh yeah. there is def something fucking out there." lol
give me a truckload of whatever makes you hear hair growth
31 million here i saw it a mile away. i put in like 600 dollars lol.
at least it wasn’t squidgame? lol
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the capital gains tax is not much better in the u.s. [here's]( a decent tool.
austria... 55% if you hold it under a year because it’s considered “speculative money” or something. after a year it’s almost nothing
maybe like he should have? lol
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thanks! i feel its the best way. i've been picking bits up from the guys in this sub which is very helpful.
i'm literally waiting for eth2 so i can stake with a peace of mind lol been wanting to stake bone for such a long time but i just cannot do it with the insane fees.
yeah i wanted too but the fee is so high
faith, nothing really. the money i put in is money i’m ok loosing if it tanks. right now i’m up 5k so i’m just setting a minimum point of what i’m willing to sell at least
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how many shibs did you get for them
what is spy that it would be such an obvious choice for investing in one's children's future? did initial research, supposed to be a utility token out of indonesia, their twitter is dead space, and i have no idea what an "underline project" is...do they mean *underlying*? edit; lol you're talking about s&p500, not the crypto, i'm dying rn. why ask someone on a crypto sub why they do not invest in index funds? gains on s&p require actual seed money to do anything real over time, nobody is paying for retirement, we all here looking to get us and our kids out of the rat race.
well i mean shibs supply can only go down. it honestly is a great long term investment and that’s why i boughtz
my check engine light is on and i have a tire that keeps losing pressure. i still haven’t sold lol. too expensive to buy back in at the amount i currently have.
when the people have no say how the money is spent, it is stealing. i'd happily pay my taxes if it meant medicare for all, including dental and vision. decent schools etc. instead, it lines the pockets of corrupt politicians, bailouts go to our corporate overlords, and it fuels the never ending war machine.
capital gains tax is a bit excessive don’t you think? i willingly pay income tax, property tax, sales tax, etc, but to tax my gains on investments i’ve made with money i’ve already been taxed on as income is absolutely absurd.
i only meant i’m not tied to an arbitrary time frame. i’m def not going anywhere for a long time. just bought more today lol. been in since .000005 and i truly believe that .0050 is a realistic goal in the next year or so. i’m not even considering hitting eject before then!
they can burn zeros though
and the toys can be auctioned off on ebay! - new retirement plan!
the money didn’t increase every month. i remember i started buying in the end of april, then it hit high mid may, then people panic sold their shib, now we’re hitting another wave again. so the dollar amount isn’t the same every month. from end of may to sept i didn’t see any increase.
you have a good point, gotta give this one to our copywriters
if my whole tree hits , i'm going to replant it elsewhere.
like a nice little bonsai.
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looking back i wish i had put in more. threw in .000011. either way, gains are gains. ill take what ive made so far and what is yet to be made.
👋 fellow austrian and 1-year holder here! just 42% for me though since i'm still poor 😂
in the us it’s pretty similar. about 30% from the federal government and another 10% to state and local governments. smh
i know exactly what you mean. i staked back in july before the fees jumped. i was stressing big time about how much i would lose sending my find to cb when we head our major jumps. thankfully i did not touch them.
if you really want to stake for a long time use money to get it staked instead of buying more. i believe you can also stake shib on cryptocom, but im not sure. also the gas is lower at nigth because of less transactions, that migth help you out.
what are the fees?
this is a deep rabbit hole of course, and i agreed with you. i willingly pay taxes. but capital gains tax is ridiculous.
do you know the confirmed reason as to why the coin spiked the first time that you spoke of?
dendrophilia (or less often arborphilia or dendrophily) literally means "love of trees"….this group is going to a different level
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yeah, i’ve been holding since may and at this point i’m fine to ride it out. never put in more than you can afford to lose
i bought at .00000615. i’m in it for the long run. sink or swim
hey! i just did some reading and apparently they are planing to go from 55 to 27%, no matter how long you hold. so let’s see what happens in a couple of months
cannot make me pay it if i take my crypto and run. lmao.
yep. short term (<1year) capital gains are taxed as ordinary income, long term are taxed at a flat 15% or 20% rate.
i know man. now on a big picture and this is me just rambling given the exposure these past few days on crypto has come down to a lot of "does savings accounts or deposit certificates even hold a candle to crypto staking?" and while those traditional methods are relatively safe. staking eth or any solid coin or project like stellar lumens or kava seems like a brighter future right now than just throwing it into savings. no cap, just like throwing it out there. initially started with stocks and was a firm believer of index funds (still am) but things are a tiny little bit massively hyperactive different in the cryptocurrency world. defi is nuts, but it is also the building blocks of the future. end of random rambling
its fine atm i have staked on binance so for next few says i cant but i will try shibaswap again
for me it was around 60€ for 250€ woth of shib
most tax laws screw over the poor.
not sure, it’s the market, more people buy, shib value increase, it just has to have alot of buyers
the way this is. * yoda
100%. im brand new to the crypto scene, initially got into it when cardano got approved in japan bc a buddy was telling me about it, saw this coin and just kinda said fuck it. threw in the 200. luckily i dont have too many bills im responsible for (22yo living w parents) so im pretty comfortable. im just kind of looking at my crypto wallets as a long term investment. i dont have any reason to panic sell
completely agree. crypto is just another thing to help diversify. the risk. the fact that this market is decentralized and shows manipulation more clearly that than other markets has made the general public (those whom are watching) more away of just who much the little people are getting screwed. "building blocks" may be a bit too hopeful since the "haves" can only control it so much. i fully expect more attempts to block.
do you, the way, know?
this is from mandalorion
getting beat up but holding strong 💪🏼 500 million 💎✋🏼🤕
sold my kids to top up
just bought my first 19 million for the cause
bought 73mill two weeks ago, down a lot but not selling
i'm down thousands of dollars, but i believe so much in this community and shiba, that i know we going to weather thru this large dip and come out to new aths. if i had more money i would buy more seriously the returns would have been insane for me. i love you shibarmy diamond hands, we going to moon together or fall together. no matter what happens we will do this together as one army.
small spender with 3.4 million coin but i’m playing the hold game 👍🏻
hodl strong 💪🏻💪🏻💪🏻💎💎💎. shib army. shib swap
👍 holding 112,000,000! waiting for the .00! 🚀🚀🚀🌛
got in at .00001 and some at .00003 just to support... and some more when it went back down to .00001, then a few more million at .000009 and 8. :) now i’m gonna try to forget about it for a few year. see y’all at the moon 🌙
i wish it will drop more so i can get more shib i got 184m shib stay strong shibarmy i believe we'll pass moon diamond 💎 💎 ✋ 🤚 🙋‍♂️ stay together ❤
holding for more than 1 month
just been buying 100 million everyday since last week, almost holding 900 million now. will hold it till it reaches the moon. 🚀🚀💎💎
holding strong over here with 6.5b.
400000000 earning 2% with crypto earn
hodling 60 mill shib :) been crashing for the past two days but who cares, hodl till the grave
buying until the end of time 💪💎💎💎
shib to pluto, tupac hands.💎💎💎 ✦ ˚ . . ✦ ‍ ‍ ‍ ‍ , . . ﾟ . . , . ☀️ . . . ✦ , 🚀 , ‍ ‍ ‍ ‍ . . ˚ , . . . ✦ . . . . 🌑 . . ˚ ﾟ . . 🌎 ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ ‍ , * . . ✦ ˚ * . .
holding my 34million, going to buy another 34 for the swap 😁😁😁😁😁🤑🤑🤑🤑🤑🤑🤑
buy buy buy if you can. if btc cross 40,000 today, shib will be 0.000014
i can’t buy more because i have already spend all my savings on shiba . 🦍🚀🌚🌝
we been here before in a very similar massive dip in the early days this is nothing hodl and reap the benefits of holding
1,000,000,000 holding strong 💪
8.9m hodler currently, bought at the ath, holding through this dip! if you’re not looking for profits on a short time span than why guarantee a loss by selling? hold 💎💎💎💰💰💰
12 million and hodling strong it’s not much but im all in in
holding just shy of 10mil. sold all the eth i had mined for it.
i see shib is going up everywhere but my portfolio is down like 80% lol
i bought at. 000032 now its .0000060 should i bought more or wait for more dip? whats your suggestion?
151 million. im not fucking selling!
got in at 0.000000013 (yes ahah) and still here! didn’t sale a cent! sitting on billions 🚀
i bought so much my bank stopped me !!
25 million. just been buying the sale, have not sold any.
just waiting for it to dip further before i buy more.
where so you guys buy shib?
100 mil hodl... when i see red i buy more
getting close to 1 billion 💪
getting closer to 1b. honestly, hoping for a drop on monday to buy more mwahahahahahaha
enough with the if you hodl upvote posts. 700 a day is a bit much.
your dog will thank you!
today is a great time to buy more!
i told my wife i'm stopping at 100m but i'm going for 1b. buying a little at every dip!
check my twitter and twitch for live shib trading and updates. former industry insider here. nocapinvest.com and on youtube
holding 715 mil got in around .06
48.5 million and hodling!
they always trying to crush our dreams man so many hater it is koo i'll hold never fold till i touch the mutha fuckin gold 💯1 shiba .
yup. been slowly adding on every dip.
just bought some more! 🌚🌚🌚🌚🌚🌚
just traded all my raven for more shib! all in now! 👍
bought 35 mil during the dip. hodling for a long time 👍
37 milli holding strong!!!
300m and holding !
does the crypto com app scam people or will they actually pay when you sell. they will only allow me to sell 10.00 at a time on shib fiat i have 200 million . i wanted to sell to buy back lower . this site seems like a scammer site
i added more 196m shibcoin in my wallet.😎😎😎
hi guy am a new buyer , can one high light about the future of the coin
hodling my 28 million long and strong!
bought around £100 at ath. taking this in the grave with me.
i thought i cool with 2 million coins 😂🤦‍♂️😭
this is my savings account, . 😅😁
100,000,000 as of today and hodling
bought 7m at .00000741 yesterday. will buy 10m more if it dips below .000007 again.
just jumped in with 60m!
hodlin 10 mill let’s goo
to be honest with you guys, i bought 400k and i didnt open the app since.
bought 78 million on friday holding strong at .000014 so value has dropped. good luck guys let us get this baby up!
(-sigh-) i'm still trying to figure out how to buy. my bank refused to fund crypto.com for some reason and this little old lady has not a clue in the world what to do next.
holding until 0.01 in few years
68 million shib at average 0.000025. we’ll see if my ride puts print this week, cause i’d like to buy .000007 so i can average down to 0.000013. but that’s just me hoping this 7 layer dip is not 11 layer dip. if it dips to 0.000003, then . after that, it’s the moon in a few years or it’s sunk cost of doing business in the crypto space. point is, i will not obsess over decisions i already made. if the devs abandon the project, then i risked what i was willing to risk on an inherently risky play. market caps i have on my far horizon if shib finds some footing, gains traction and shibaswap goes online. 30 billion - shib 0.00005 60 billion - shib 0.00010 300 billion - shib 0.00050 600 billion - shib 0.00100
40mil and buying more
idk why im feeling like it already over with?? i get that china screwed the whole market but something definitely doesnt seem right. but oh well if i go down to 0? hopefully people will start accepting it as payment ! lmfao!
this market is messed up
👍🏻 holding 20 million
what if you're both
i’m a holder and buying new at every dip 🥸 this is the way y’all
mexico here, hodling strong, ready for 👨🏻‍🚀moon. and spreading the word! - hugo emilio briseno ramos
hope your right, the token just seems like the whales pump and dumper. only have 75 mill and it’s all staked for 3 months at a time. i just slowly buy and hold
i'm up by 3,500,000 shiba hell yeah
i bought 33 million in the middle of april. i'll keep holding.
i just cannot wait for my millionaire life.
having 130 mil waiting for more dip to buy 250 mil and will leave crypto . binanne till end of year
i buy at ath😂😂 but holding ✊✊
you can compute your profit on this [shares calculator]( so you’re gonna find out if you need to buy more shib
bought in with 330million. holding strong
doge 44b. shib should at least reach to this level. buy shib(shib has announcement to come in few days)
10 million! will continue to add. enjoy the roller coaster!
i just passet 70million and like other do... i fucking hold them😍
new to shiba! holding 300mil ... i hope this blows up
100m commander status holding
got 200million today. how long before we get rich...
bought at ,000010 bought again .000009 bought again .000008 now its .000007 trying to hodl from buying til it goes lower is hardest part. 🙌
sitting at 21 million at 000019 may buy more next week. may just ride it out though.
nice to see positivity in the community 👍
to the moon 🚀🚀🚀
glad to have sold at the right time
just got some hope it’s worth it
holder and new buyer here 💎👋🏽
new to all of this so i did not want to just watch i came in at the top but bought some more... twice lol. so i'm in it for the long run. like to see us all at the moon!
here a oder one buy 16 m more. i'll hold to the hell other tho the moon.
5mil on a budget but i will hodl
bought 10mill and holding, will be buying more!! we got this shibarmy!!
hello y'all! i'm also new to shib. i'm in the same pickle here i bought doge in 2018 and forgot about it. can someone shine some light on shib is it going to fizzle to zero. is it a scam coin i've been doing my own research and would like to hear what people are thinking. thank you
on this video showing how robinhood might add this to their platform. i’m holding 100m at .7
our holders are only getting bigger by the day...stay strong fellow shibs 💪💎🙌🚀🐕🌒
staked my 43 mil and i’m not even gonna think about it. 🌕
👍 holding 405+ mil .00000077. yes. six zeros. another 34+ mil .00001205 gain on 1st, loss on 2nd rn
340mil bought. soke at .000017, more at .000009, even more at .0000076... time to sit back. relax. and just wait for the magic to happen
sitting at 375,000,000. average price .000015 hoping for a nice run to .00006
average price at .000013 it should keep falling a lot with bitcoin, i’m doubling down near the bottom
141,763,776.69 holding strong, not selling, by the end of next week, i hope i can double it.
been pretty depressed from this crash... still holding my 10million shib
holding 550m. not selling a damn thing until we lose 2 more 0s
to the moon 🌝
165 million shiba and holding!!!
bought a little over a billion in the last few days, the largest amount at \~ .000008. the downside could suck (but be manageable - never invest more than you can lose) if it fails, but the upside could be spectacular! hoping for big things with shibaswap and the other tokens, but definitely gonna hodl and ride out any instability! happy to be part off the club!
baby 2 mil hodler. but i am here.
1.8 billion and still hodling . got in at 0.0000014 . got some more at 0.000016 . will be adding more in future . \
2.3 billion tokens hodling strong here. . down to just over 20k. ain't selling till a milli.
i’m over my weekly budget instantly from a 20 million purchase, but oh well
the wars far from over but we're still fighting the good fight. never forget if we hold we'll be rewarded for our patience.
sitting on 200 mil saw the first spike today in a couple weeks
buying the dip... holding to the moon
will we go to .01??
i started holding last week. don't have much, only 6.6m. (buying 300k every day)
i was finally able to get the leash through uniswap
more paper hands will withdraw just keep holding don’t get shaken out.
126 mill and chill
shiba to the moon! over 850+ members
only have 20m, just bought 10m to lower my average. i have a feeling it’s gonna be a grrrrreat investment
just bought 25m more
i've watched my 112mill go from ... holding till a .10...
who selling? was going up to .000010+ then drop. fucking retard collecting pennies instead holding and let it go up big and collect thousands or hundreds thousands
i know it’s not a lot, but i bought in and bought 12mil
only 10mil got in at 0.000034 hurting but holding
bought 31,000,000 this army is amazing to be apart of and i’m going to hodl for life
averaging down to .000014 with 5 million… to the moon
whoring my self to top up. who wants to go gay for pay with me?
as a new buyer i need to ask, which option is better? : -buy through binance -buy through coinbase -or wait for shibswap i really need help deciding what´s better thinking about cashing out in the future, and i want to be part of this so pls help me out a little bit :p
if your going to hodl then you should be staking to earn a percentage of shib everyday! i staked 8 million shib on use my referral link to sign up for crypto.com and we both get :) and earn 438 shib everyday!!! basically free shib for not selling your shib.
50 million holder here.
20 million now...capping off 100 mil...
i only have seventy mill wish it was more like 700 buying every week
bought all the way down to 9. this is a future proof plan. shib yeah!
62.5 million strong and always buying more at the dips!
55 mill. here 🤗👍🙏🤞🤙🤘🦄🙋‍♀️💁‍♀️
i am with you guys. hoping for the best soon.
sabacka inu token. my concerns i bought into this token with the hype and have put in several bnb. since then, i've identified some red flags for me that i thought i would share, for others to at least consider before buying into the hype: 1. lacks face validity. this token is meant to be about supporting charity for dogs. however there is no smart contract allocating funds for the charitable donation, instead it is up to the developers to give a % (at their thiscretion) to a charity chosen by community. the sabacka inu website says that the donations will be given monthly, however the roadmap only plans for the first donation in aug. which one is it? 2. overinflated numbers of members in telegram, thiscord and reddit upvote thread. i joined the telegram within a few hours of it launching and it had approx 28k members, however only approx 20-50 people were posting, at the height of the launch and euphoria. having watched and participated in the telegram over past few days, it is clear that 28k people are not involved and i suspect these numbers were purchased to look like there were more people interested. compare this to the second telegram "shill" channel, which has approx 200, and this likely reflects the actual investors. the numbers also do not match up with the timeline, where there was no marketing for this token until a few days prior to launch, and then suddenly, without any kind of community momentum, has the biggest numbers in the communities. 3. non-doxxed developers. for a dog charity, you would expect dog-loving developers who show pictures of themselves working with charities or highlight their history of working with homeless dogs. instead, nothing. 4. no paper trail. reports that coin market cap and coin gecko listings are pending without showing any evidence of this, instead saying this question was answered in a verbal ama or allowing community members to answer optimistically. 5. developers having 8% stake with 5.6% locked in means that 2.4% of their tokens could be sold immediately. this is an inbuild laddered rugpull where there is an illusion of devs being locked in, but in a token that launched at 15mil mc, that 2.4% when sold soon after would have been very lucrative, regardless of the remaining locked in tokens (.4% = ). 6. large sales deep into the downward spiral. there are two people who sell here- 1. the scared who need to salvage some of their dwindled investment at a massive loss, and 2. devs who had no entry fee and are expecting the price to drop further. when you consider that each buy has been matched by a sell and then further price plummet, my money is on the dev selling. 7. 15mil mc on launch to 2.5mil mc currently. yes, the market overall has crashed, however using this to explain the token's downward spiral has been a smokescreen, as clearly devs selling 2.4% of tokens in any climate would lead to the price to crash. 8. no thisclosed list of developers' wallets, concealing any early selling by developers. further obfuscating any chance of knowing if they are doing a ladder sale strategy. 9. poor answers to any critical questions. obfuscating when asked about above issues, or diversion to calls to hodl or that the market is down. reliance on voluntary community volunteers rather than answers from devs 10. locking down telegram. admin report this is due to them sleeping, however also while token in downward spiral. hope this helps some people who are thinking about this token. very happy for the devs to respond to this and provide explanations, and genuinely hope there are reasonable answers for the sake of the investors who have put in their hard-earned money.
bought more today to help pump the coin along uphill ;)
i only spent 12.001
just bought 220million holding 7.220 billiin to the moon.
am down £2500 seek but no point cashing out go big or go home they say yolo mother fuckers
i can only afford 3.6 million shib. parents moved away to surrey and i cannot leave my job so had to move out on my own but still if it reaches !!
i have only 10 million
i lost £15k still holding🤌🤲
still holding, and buying a little more, do not stop believin like journey song
in a reluctant holder
i hope we can bounce up 67milllion and hodl
we need to burn 5 million each and get it up
i just bought more !
73 million and holding strong! this community is nothing but amazing! the moon? let's go for mars!
holding at 141 mil. never letting go.
i am holding. i know shit looks bad right now but selling only guarantees a loss. i believe in the community, our holders have only grown! once shiba-swap deploys we will only grow! even in a rough market, the value can raise with more activity. let's show the world what the shiba army 🪖 is about. i believe!!!
752m still holding strong with roughly
157m and holding. i'm in it til shibaswap starts. then i'll move it and stake it long term.
i hold a million coins
103 million but i’m not gonna sell
5.4 million hold. down a lot. but bought dip and now 700 mil and still holding
32 mil right here👍👍👍
!!!! . . . . . i accept ;)
is shiba dead ??? -250% here😲 goodbye my millions and millions of shiba. not selling anything but wasn’t it suppose to make us richer or was it poorer!!
please stop with this karma whoring crap. upvote if you are holding or just bought... literally the only reason 99% of people would be here... this is more important than your karma whoring crap. we are community, we are crypto, we are shiba army. we are not your personal ticket to karmic glory.
shiba it is out. it's over. sell now or regret forever.
we’re down, but not out 💪🏽💪🏽
me too. 350m 💪🏼 we will prevail
640 million... hold 🙏🙏🙏🙏
100 mil now i just kept buying the dip again and again!
i sold out of shib at a loss and put it into papi (contract is on papiswap.con) and my 6k is now worth over 32k. there are less than 500 holders as it’s only 2 weeks old. their token scanning software launches next week.
did you hold your bag?
same, i think we had a groupon
silk road is back?
that's how much i got on my first buy
feel ya, down about 2 g's myself but going to see it through. there is too much potential here, and the community has the will. at this point i've already lost the money i might as well hodl on.
even if they get to 1 cent you'll be laughing all the way to the bank.
oi so what is that shibswap we should all be using it right
bro if it hits .10 your life will be changed.
shoot for the stars cause even if you fall short you will still land on the moon at least
same here. i'm sitting on 33 million, bought over the course of the last week. just gonna not put it out of sight and out of mind for a while.
im gonna load up next week... this puppys gonna get much sicker before she gets healthy again...
do not even look at it. just follow the news and they will tell you when we get to the moon.
give me some! has ha
just bought another 62 million ride or die
where can you earn?? my main wallet does not support shib
how are you earning 2%? i'm holding in crypto too
its funny you say this i just wrote instructions 4 my kid... what is 2 be done with my shib when i die 🤣🤣
laughing my ass out... lol funny 😂
wtf is a tupac hands? i do not want any just asking.
if you can buy more, get your average down low so when it comes up you don’t have as far to go
not only that, but to sell for a loss in a short time span🤣🤯💀🧟
i'm holding the same 💎🙌
holding at 100mil also! avg cost is 0.00001063
107,000,000 million here! hoping to see it at .01 someday and we’ll be rich! i’ll hold for ten years if i have to
it dropped like 70% over the past few weeks it rising to 0.7 is not no where near making that up, it will fall again soon anyway
think about it 1 cent is not practical either, it would be worth more then the gdp of the united states
yes you should definitely buy more it will bring your average down
my bank stopped me too lol
so you kinda have been hodling for .00 already, when it dropped to .000006 i think the coin lost value because it was not even worth a single decimal of bitcoin from what i seen. but i am new to this whole crypto currency exchange thing so i could be wrong. idk
666 was the dip
welcome aboard 💎 🤚
i buy mine through binance. sure they have a 2% fee. but it is an easy way to get crypto. lol
crypto. com 30 days free trading
100 mil hodl. at which hour i see r'd i buyeth moo *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
hey i made that same promise and i change my mind the same way not stopping until a billion
if you're a crypto insider how can you support this train wreck can i see your credentials please
so the crypto.com app only has cryptocurrency so if you are trying to sell it for money that can be transferred into your bank account you'd have to sell it for usdc a stable coin then transfer it to coinbase in order to sell that usdc for actual usd then withdraw that into your bank account. (assuming you're in the us that is.) p.s. you have to have a minimum of 50 usdc in order to be able to withdraw it into coinbase.
look at the graph it is in free fall, it has been rug pulled by the owner of ethereum so the are trillions more tokens in circulation then the creators anticipated. so i would sell before you lose considerable money, do not listen to all these hodl and buy the dip people they are going to lose a lot of money
probably best because you're losing a fucking lot of money
china does that every fkn year!!!
**messed up, this market is.** *-icy-ad5263* *** ^(commands: 'opt out', 'delete')
i wouldnt hold your breath on that
what the hell are you on about? dog charity? devs dare to sleep? telegram quickly became a shit show so they locked it down as far as i'm aware. some pure bullshit in this copy pasta
you got low hopes. we looking for 1 cent
dollar not really realistic bro
**only 10 million, i have.** *-arup_das03* *** ^(commands: 'opt out', 'delete')
high upvotes and comments on posts in a community prone to give new comers a nice image. stop your bad comments. upvoters here are hodlers and news buyers. if you wanna make fud go somewhere else. thank you
i only have 19.4 mil but definitely gonna be hodling for years to come 0 or moon only options
i bought more had total of 850 million sold for 5k could have sold for 100k 🤦‍♂️
your shib is still worth the same you bought in at, you only lose when you sell
geez that’s a long stretch mate
it's never going to reach 1 cent you know
no! let the man dream... but also if you read about shib it was never their plan to be over 1 cent if you look at it, it can outpace doge even under 1c. that's why we have so many "shares" (coins)... but who does d&d for crypto!? hahaha... just me innit?
now holding 224,000,000 and climbing! holding! 💎🤲🚀🌛
sweet! i just got a couple more million at .000007! just now, had to average it out my cost lol
that’s how people miss the boat
just wait a little bit longer, the price will be much better and we can all buy up a ton. [
yeah why the hell not.
agreed. same here! ride it out and maybe hit. or a small loss. worth the gamble
... not how it works but ok, buy the dip!!!!
it’s the only way at this point... depending where you’re from, summer is near and we just need to relax and enjoy our life for the time being
you can transfer money by credit card
90 day earn at 2% if over 200,000,000
when i die, i want to be frozen. and if they have to freeze me in pieces, so be it. i will wake up stronger than ever, because i will have used that time, to figure out exactly why i died. and what moves i could have used to defend myself better now that i know what hold he had me in.
tupac is an 11 on the mohs scale... harder than diamond.
good point, but i’ve maxed my shiba budget, as the rest of investable funds i allocated towards my top projects like btc, ada
yeah if i’m ever going to sell mine it’s going to be at a large gain and longer than a year to trigger long term capital gains. being taxed at ordinary income rates is cancerous
sure nocapinvest.com i worked for bitflyer the largest bitcoin exchange in the world. ran the largest bitcoin meetup group in central europe with other 500 active members. flew around the entire world getting paid to give lectures on blockchain tech
i will check it when i hear good news until then it’s better not to see it
no, this is not a scam. staking is a real thing.
if we burn enough coins maybe but id be happy with 0.1cent too
lol jump to conclusions much? deserved upvotes give nice corners to an even nicer picture... your obvious low effort karma whoring just makes us look unworthy of attention. just imagine how boring it is for people to see the same posts all day everyday... the worst part is you actually think you are helping. no fud here mate i am a holder just do not want people like you making us look basic when we are a cut above the rest. please post something of effort and value if you really want to help otherwise go post this shit on dogecoin. thank you
i’m too... i just boutgth 1.3m and i have only 1 option: to the moooooon!!
nah, "worth" is market price (i.e. what someone else would pay for it if you liquidated it). you're speaking of "book value" and "unrealized gains" (not triggered). worth is down.
that's what i been doing averaging my cost and loss and we'll who do not like more for less?
thats awesome! i should have waited a day!
mine does not say shib anywhere in the earn part
thanks so much man! just put mine in at a flexible time frame for 0.5% 😃
lol he is not even harder than a bullet... there is proof of that
yet you still see shib as a good investment 🤣🤣😂 i feel sorry for the people who paid for your lectures
we are basic were holding fucking shib
if we can make community active this way we should not be ashamed of doing it.
hi too, i'm dad.
holding ’t let go till she squeeze holding since may
it’s only a loss if you sell!
buy shib then hit the middle button in middle it says earn
great, you will see paid amounts every day. it will be cents or hundreds of cents
shiba army is the first community that is out for each other as much as self.
a bullet could not stop him... he will live forever.
no one paid. they were free. shib is cool
no we are a cut above
lol just post something of effort or value and you will not be ashamed...
exactly and we know it is not crashing as i feel the solid holding is at .00000500 mark or around there. or maybe i'm wrong who knows. mathematically speaking i personally feel it should be higher after the burn but whatever i'm in 30 mil roughly and that am not nothing for most but my math could definitely be wrong. anyway i'm hodl worst case is i pay off my house with a few hundred dollar investment. boo hoo 😢 right now i would love to do just that alone. i'm hoping to look back and say man i had low goals
hahaha better than nothin
there are 3.2k people with support and then there is you
they will get sick of these posts after they have seen enough... it's clear what you are doing.
besides bet you would have even more if it was a quality post...
what other posts can there be nothing has happened with shib lately? any post bringing attention to this dumpster fire is good to me.
if i sell i'm out all kinds of money!
i’m down 50% still holding!
holding till i can be free from the 9 to 5
sell? i bought today another bag.
not only am i holding on with my diamond hands, but i continue to buy more 💰
🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌘🌑🌒🌕🌑🌑🚀 🚀🌑🌒🌕🌗🌑🌓🌕🌑🌑🚀 🚀🌑🌒🌕🌗🌑🌓🌕🌘🌑🚀 🚀🌑🌒🌕🌕🌕🌕🌕🌘🌑🚀 🚀🌑🌒🌕🌖🌕🌔🌕🌘🌑🚀 🚀🌑🌒🌕🌗🌑🌓🌕🌘🌑🚀 🚀🌑🌒🌕🌘🌑🌓🌕🌘🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌑🌔🌕🌖🌑🌑🌑🚀 🚀🌑🌑🌔🌕🌕🌕🌕🌑🌑🚀 🚀🌑🌒🌕🌗🌑🌒🌕🌗🌑🚀 🚀🌑🌓🌕🌘🌑🌑🌕🌗🌑🚀 🚀🌑🌓🌕🌘🌑🌒🌕🌗🌑🚀 🚀🌑🌒🌕🌖🌑🌓🌕🌘🌑🚀 🚀🌑🌑🌓🌕🌕🌕🌖🌑🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌕🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌕🌕🌗🌑🌑🚀 🚀🌑🌑🌕🌖🌑🌓🌕🌘🌑🚀 🚀🌑🌑🌕🌖🌑🌓🌕🌘🌑🚀 🚀🌑🌑🌕🌖🌑🌓🌕🌘🌑🚀 🚀🌑🌑🌕🌗🌑🌕🌕🌑🌑🚀 🚀🌑🌑🌕🌕🌕🌕🌘🌑🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌕🌕🌔🌑🌑🚀 🚀🌑🌑🌕🌕🌕🌕🌔🌑🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
hodling my 100mil 😁
some billion odd, hodler. not selling. haven't sold. have bought the dips.
bought the dip didn’t sell
bought 500 million at ’t want go down to the whales without a fight!!!! ... so fuck em!!!!!!! my !🖕🏻🤬😡
sell, what a funny word. what does it mean?
remember ... kin token has been around for 5 years went thru 3 different blockchains and 2 different ceos ...and now thriving on solana blockchain... they have no marketing but have a great dev team that keeps adding to their ecosystem of dapps that use kin token as their main token of exchange... they are officially up 50% as a token since inception 5 years ago... the reason i bring this up ... these types of projects like shiba takes time to grow their ecosystem... i believe in shiba with all my heart because of kin’s success... so always always recognize a good dev team when you see one and trust their process🚀🚀🚀🚀🚀🚀
still here and buying more
why the fuck would you sell with the price so low. hang on like dear fuck people are ride the crazy train with the rest of us. let’s dance 💃🏽 woop
oh i sold. and i used those moneys to buy more shib when it dipped
keeping my 3.8 billion shib
i spend double that and have half as much
down like a mofo but still holding 🤟😎👍
keeping and increasing on every dip.
you would not lose money if you do not sell
unless you have enough for lambo, i don’t understand why anyone would sell while it’s still so cheap
never going to sell mate until this hits the moon or maybe the next galaxy
i am suffering like everybody in the crypto world but i sure am not selling my shibs. am buying more next week.
it fucking sucks because i don’t have the money and no money to send my kid to camp or my car payment lol however!!! i hold and i made a commitment for you people xoxo i hope it goes up soon!!!
there will be always too small money in this system because of v and dev, india... someone will be rich, other people just pisants ... it is how babbles with no true value works when thay gets robbed and you ware robbed... pure gambling not investment. gl.
luckly i sell 4b shares at .000035 and it fall
holding my 226 million for the duration. not pulling my initial investment until 0.0001. saw my balance go from ,000(rouguly) back down to . still up on shiba and leash, but not really unless i get my initial investment out. new to crypto and learned some valuable lessons thus far.
won't sell, i bought more today and have more cash if it goes down.
i bought more. and i bought the first time ta 3238... first day in binance... btw in holding. i got 70 m too.
bought more now over 100mil
keeping 915 000 000 diamond hands
holding my 900m tokens! diamond hands.
walking to my truck checking the shibu price, i looked down a found a dime! that's a sign! shibu to .10! 🚀🚀🌛
makes no sense to sell!!! i don’t understand the logic
lol dude i bought in at . 00003 no way i'm selling.
clean up my checking and saving acc to buy the dip! almost running out of gas now beside saving one more buy if i see .000005s. hodler we are going moon soon! 🚀🚀
as i said many time holding it will make you rich! i believe if i could keep it for a year or 2 this will change my life to be one of those with
👍 upvote if you got more 🙌🤑
i was never selling. either i win or i go down with the ship.
sitting at 600mil - 400 mil to gooo! buy the fucking dip - dipping my money like chips into salsa
what's the point of selling! i will check out on couple of years
they should burn more tokens.
no sell until 0.46c then i'm a millionaire
patience is a key, isn’t it? everything seems to be on track now. 💎🙌
i am holding my bags til the end of time i guess
sold a billion. no need to hold anymore
when did it go down to 0.00000366?
bought the dip! grabbed another 38mil this morning!
just hold it down shib army good things will come sooner!
no selling until a penny
just sell and put in amc
i’m hodl 😎 i bought the dip, then the dip, then the dip and holding on in the making
just bought another several millions :-d
hey sons im holding 75 million shib since may 5
hey i bought 15.7 million shiba coins cost me . like all coins it is a gamble.
stepson here! what, you guys forgot about me??
it is way below .01... why the fuck bother? gimmi my oversized rooster... not tendies
i bought more 🚀🚀
not selling, not holding - just buying 🙌🏻💎🙌🏻
wish i could put two up..., i’m buying!!
why would we ever sell at a loss?
i’ve given up on them at this point but no point of selling, down 80% not much left lol
i'm holding till i'm 87
look where i’m now: [shib balance update](
we are officially sunken
happy i sold at 30. good luck getting back there
sold at 0.000035, sorry.
shiba only going one place; zero.
i forgot to sell this trash coin now i am out 10 bucks.
i don’t understand this don’t sell mentality. i bought 80mil back before the pump and went up 6,000 with a . i held threw the dip and went down to ,000, i sold most of it took the made 2,500 profit and i reinvested on a coin called (tel) im up another 1,000. moral of the story is don’t fall for this diamond hand crap, if you double your investment sell your initial and re invest. what the point of investing if you don’t sell. i can understand the people who are down telling everyone to hold tho so i don’t fault it.
guys even in a moment like this we can still make some money just watch some cripto lapse. they still going ups and downs. the advice it’s free. 82nd airborne knowledge
i sold my losses. shiba is not a real coin. i just bought dogecoin.
i’m getting sick of these posts
why the fuck would anyone sell at a loss? seriously is this supposed to make people feel good because this isn’t working out
is this suppose to jump because of the burn?
lmfao aint selling till i can by 5 lambos one for every day of the week
ayyye i have the same amount!
i think today i will bye some more
got some more on the dip
elongate or shib inu...? which will do better?
only got 1m but holding til end of times
something is moving 😎
its looking good today! i feel like i need to buy more!
i only have 5 million, forever hodl.
diamond hand checking in
dca'd at the absolute bottom by multiplying my volume by 5 and holding.
we hooking brother's and sister's
let’s rally!! together we stand💪🏻🚀🚀
how many holder of shiba is there ?
1.5k up votes 🤔
it's not a realized loss until you sell.
making pennystocks look like big money.
in with 207mil, not f*****g selling
i m setting at 10m. maybe i will buy more.
i’ll be honest, i sold 100m at .000006 yesterday when it hit my average because i thought it was going to keep dropping and i was going to buy back in more when it kept going down, but it turns out that was the lowest it got and i ended up buying 80m back in at .000008 lol
down so much i don’t have much else to lose
it'd be dumb to sell right now.
bought more 🚀. i’m an average down type of guy.
i've lost more than half in value. i this point i'll hold till 0 or to 0.01 lol
dogecoin and shiba must unite against the musky boi
to support better places
hold 50 mil to 0.1
45 million and hodling!
all the debbie downers should leave! you just want to be the first assholes to say i told you so. well there are a lot of us on here who will return that favor someday. if you sold, go root for your new purchase. this isn’t for wussies. it’s down and it’s up and every day it’s something. either stomach the roller coaster or sell. if you aren’t into the coin so be it. why hang out here? go take your paper hands and have a coke and smile and stfu!
💎😎💎 never selling only buying
hodling on my 65.9 million
still holding and buying more! 🚀 i even don’t have idea sell something!🙃
holding my 280 mil
22 mil deep and munching on these dips
keep up my 45 mil plus another 120 mil that i bought at the dip.
fkn bull!🦬 jet flying diamond 💎 hand wearing never selling sob! how are ya put it right there!🤝
👍 100 mil and going strong.
i do t know who’s selling but i’ve been trying to scrape any extra funds into more haha
what are the tokennomics on this coin? and does every site offer it?
never sold! only bought more!!!
i’m down 70% still hold to the end
best community on reddit.
just bought another 100mil at the dip. diamond hands baby!
it is reversing. let it go
never sold but just bought recently. shib is a long term hold for me. anyway i bought in a couple weeks ago and every week i buy another 200k and will keep doing that for the foreseeable future
millis... i'm holding billis pussies :)
146mill and still holding
28 m! buying the dips and never selling. to the fuckjng moon!!!
i only got 3 million waiting for dips to just buy more always buy the dip
just waiting for the million coins to turn into a million dollars
i will never sell these 🙌 are 💎
don’t forget to join the thiscord too
didn’t sell one token
holding my 10 mil till i die...probly gonna get more if it stays this cheap
i'm not selling for decades
holding to make millions
been buying on the way down. doubled my position over the last 2 days. hope we pull thru
that's a diamond hand
i stake my 110 million 🚀🌙💰
i sold before dip and got some. i will get some when it dips again.
why would i sell its play money
i have 500m shib.
da general is in da house
keep and not selling till ... moon
how can i post a pic to share with my team
still sitting on my 154.3 million.
just bought a few mil more🤷‍♂️💎💪
sell? i bought 10 million more lmaoooooo
sitting on 72.5mil holding for 5 years.
keeping my 90 million
i bought on this dip 250m and 250b let’s go dog armies unite 🐕🐶🐩
we are like the vionlinists on titanic playing as water rises past our ankles.
why? selling would’ve made you richer. i regret not doing so.
didn’t sell ... dint buy either ...
sell??? i just bought another 7mil😁
i sell nothing 👍🏽
just broke 11 mil.
lol fuck this. im stuck with 900billion shib and its all garbage.
let’s take a decimal place by the end of the weekend hollllddddd
funny that what went down with defi made a big boom for shib. lol i’m like wilson philips: i’m gonna hold on.
holding 1 billion strong from day 1...still way up!!! i think shiba swap should be released when btc is at it is final stages of of dropping...and people start to rebuy, or buy in at a low price of probably 20-25k...then you drop the swap and collect the rockets!
my shiba is staked. diamond hands.
the only mistake i did is i bought at 0.00003400. i should have waited for some time🥲. anyways i am holding for long time
i’ll probably hold these joints forever. just keep buying a little every week.
never sold and holding for the long hall 👊🏼💎🙏🏻
3 billion still holding
just bought some moreeee currently have 420mill shiba inusss 😎🤘
in for 4.4 million, doing it for the meme and to learn a bit about the market
anyone know the fastest?
i’m not selling. i bought at the peak so i’m in it for the long haul now 💎🤲 or until i forget i own crypto lol
down 70%, bought in the very binance peak
thanks. we are hodlers.
i bought more. i’m at 50 million shib and still buying
270milli still in 🔥🔥🚀
i’m still +5000% - so i’m holding the shit out of it 💪🏻
signed petitions for more exchange listings, then bought another 11 million.
holdingggggg but scared 🤣
didn't sell and bought more!
i still have my little 5 mil
today's crypto market explained by someone who died long ago: "sincer we decided a few weeks ago to adopt the leaf as legal tender, we have, of course, all become immensly rich." douglas adams how right can a man be?
i literally have no other option
there's nothing to sell. it's so low
no need to sell for such a loss but im gonna be real, this is not looking good, but im in for the long haul.
this meme token will down to zero. escape right now.
no where near enough volume in shib right now only way is down id say
i am new to this , but i am a ride or die . my family does not have much so i invested a little and hope it was the right choice .
hi out all kinds of money, i'm dad.
father? is that you ...?
it’s a pump and dump look at the charts
i got 34 mil too mane 😎
50% i’m jealous lol
hi down 50% still holding, i'm dad.
20 mill shib's club baby
i got 20 million too! lol
got that 20mil too
let’s pray to god that it actually happens
hello , holding on with diamond hands i continue to buy more, i’m dad !
damn you got in at a good price man! must be nice!!🤙🍻🤑😳
idk what your standards are for what qualifies for a good dev team but one that do not know the process of audits and how long they can be yet still tell the community that shibaswap would be launched by the end of april and then not be able to follow thru shows inexperience to me and alot of other people. and then the lack of communication and the lack of transparency compared to alot of other tokens. don't see how that makes them a great. as well as sending the future of this coin to vbs wallet without his knowledge or consent and call it a burn boy was that the most genius idea for a meme coin ever. im still holding my half a billion coins as well cuz i believe in the community backing this coin not the developers so how about giving this community the props it deserves rather than the dev team cuz in my opinion they have done more to slow this coin down than to grow it
agreed. down 75% and hodling
i got property your kid can come learn camp stuff for free with my kids there. felling trees, building fires, log cabins, and wild life all for free 😊
hold on, you spent your car payment money on shiba coin??
i found £1 outside greggs yesterday, bought a sausage-roll 😁
you need to stop.
i downvoted your attempt at karma whoring but i did get more
someone wrote this down and send it back to this guy when we're almost at half a penny!! don't try and get back in then... if you sold you sold let those who have not sold be. don't try to down talk is because we still holding
diamond hands pays in the long run
and dogecoin is a real coin ?
me too. ready to leave the sub. too many bots just upvoting these to the front and adding comments. i made a post about these sorts of things and it barely got any attention.
umm, to prevent further loss? you get math, do not you?
ummm...there is 7 days in a week
that of course runs entirely on the assumption that at some point it will gain value. unfortunately, all evidence thus far is to the contrary. anything else at this point can only be attributed to wishful thinking. it's a loss.
keepeth up mine own 45 mil plus another 120 mil yond i hath bought at the dip *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
**500m shib, i have.** *-asleep_summer_8031* *** ^(commands: 'opt out', 'delete')
was you calling it garbage when it was up. praise crypto when making money call it a scam when it is down. all other crypto is down so it must be scandals to. pathetic man. if it were a scam then these platforms wouldn't be accepting them. and scam or not money is being made dummy so whatever. grow up. people like you are why the crap has bad names. no sooner than you start losing money everyone bashes it. but if it is positive outside the lord let us go to the moon... lol this is not for you apparently
sign'd petitions f'r moo exchange listings, then hath bought another 11 million *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
downvote if you like, but this person speaks the truth.
well do not say because no one asked your opinion. btw volume is at 1.2 billion. way more than enough for prove action
hi dad, i'm dad.
did you bring back the milk?
fuck you dad!! you're a pos... and im not fucking selling my 30 million shiba coins until we hit a dollar!!!
i'm not your father
hodling my 1.8 billion.
sadio? sup mate 🤙🏻
joined yesterday, highly recommend
dad, is that you!? where have you been my whole life? u said you were just going out to grab milk...
aww thanks! lol i’m in cali
well and all my other crypto
i only stop when my bank acc stop me!!
idk wtf karma whoring is or how that’s relevant but good for you scott the adults are talking would you like a suckle of my zipple?
bought again at 9, but there is no way it’s going back to 38 again. i’ll be happy if it goes to 18
most businesses are accepting dogecoin. i see a better future than shiba
it is healthy. everyone is feeling excitement because they are part of something. let them be. welcome it. just be glad our community is growing
i do get math
but i only work 5 of them and thats when i will flexthe shit outta my lambos
you know absolutely nothing about crypto 😂
1 billion is no where near enough to pump this meme coin
milk man aka dad comes on tuesday
washington here, moved here from visalia last year
>the adults are talking would you like a suckle of my zipple ahem, yes the adults... whatever you gotta tell yourself. it's just internet points bro calm down.
they are mostly bots
i knew what you meant, just bustin your balls 😁
son ! it’s you!
mailman comes everyday hehe
hello dads’ son, i am son. nice to meet you
and i’m milfy 😊
hello grandpa, you were in sky
grandpa found a panda in uganda
name checks out...welcome to kinkfest where zucchini will rock your world!
what could i get for a couple hundred shiba =9
i own both. and both will go to the moon 🚀🚀🚀
doge gave me the capital to invest in shiba too
i've consolidated everything to doge and shiba!
i hold both! brothers in arm.
we're brothers. same mother, only difference is that one has a father more materialistic than the other... 🐕🐕
yes silly not to. a win for doge is a win for shib, new era of crypto coming... safe flight 🚀🌕
i got both and vet also, if they broke their legs i’ll take them to the vet😉
i'm hodling both, do not see why they have to be partisians.
me too. both. in volume both surpassed bitcoin in the last 2 weeks...bitcoin might be toast...watching gate.io not sure if 💯 accurate but it speaks volumes literally...dump bitcoin and get with both our doge-shiba partners...we blow up to the lambo dealership or we go to zero...short supply of lambos will be inevitable...
i own both 3 thousand dogecoin and 13 million shiba! lets go to the 🌙 🚀
i hold both go shib and doge
i own both in addition to safemoon, bitcoin, matic & 12 others
in order. safemoon shib doge ass mbs capt swearing loyalty to one altcoin and refusing to invest in another is a recipe for thisaster.
absolutely, both are breaking barriers in their own ways. this is such an exciting time for the crypto world. both to the moon 🚀🚀
never put all your eggs in one basket, both are great and going far!!!!
doge will be the dollar… shib will be the penny of crypto currency! and both will help me pay my house and get a tesla 🚀✊🏽
love doge and have a good amount and bought 20 million shib today! let's roll doggy dogs!
love them both!!! together to the moon!!!
i have 12 million shib and only 1000 doge. i got in early this time.
i’m hodling both plus akita 🐕
yes it’s possible to love both. i will never abandon my doge or shib.
hodl both, love dogos, much wow
current holder in both, and both will 🚀🚀🚀🚀
i’m a happy owner of both! and love both coins equally!
i like a the animated .
you can definitely love them both. don’t forget sanshu though that cute one shouldn’t be left out
of course, they are brothers after all
dumb question. but what app do you guys use? in america and i'm finding it slightly difficult to find a competent app to purchase shib
i own doge, shib, hokk, and kishu. i'm all in on the doggo
why not have two rockets going to the moon? see you in jupiter
go go go dogie
i hodl them both
doge token and shiba!! 💎🚀💎🚀🐾🐾
it’s healthy all ways diversity
both to the moon!
you love dogs or you hate them.i love my doggos and i love my doggo coins. (i will love anything that makes me rich, if its cute... even better)
they are the top 2 meme coins ... a must own
shiba is not a doge killer. shiba is for me a very active community and a token based on strong technology. hopefully shiba will become one of the most successful and best decentralized exchanges, and hopefully with an unbeatable price-performance ratio. we also have an enormous advantage; the price. the thousandth of a cent is an important psychological benefit that often makes buyers dream of big profits. thx and keep on hodling.
i regret selling my doge 😭
duh, as well as gme oops🤐
two good boys. doge the currency of btc and shiba the currency of eth. plenty of room for these two on the moon.
15,000 dogecoins and 15,7million 's so yes you can live them both!!
fuck the doge killer bullshit
i just added a little more doge to my bag. i think elon has a plan.
i can even be a captain and love them both
doge and a pile of steamy dogeshib
absolutely, we’re all in this together 🐕🐕🐕
does accumulates if it is in trust wallet?
safemoon is gonna kill doge and shib. it’s beginning to be to watered down. if we can’t focus on one we can surely for 2
they both are the way. it’s just that shiba is a better way👊
support your paws 🐾
hoping robinhood gets on board soon... i will buy the shiba and hodl
i own both + safemoon! doge + shiba safe !!!!
hell yes you can why hate on other investments. who just has their money in one jar??? my doge has a brother and it’s called shib 💪🚀✨💎🙌
amen! even if we don’t own them both we can love them both. this is not a war!! ❤️
i own both and looking them to go to the moon 🚀🚀🚀🚀 🌝 believing for the absolute best 💰💰💰💰
544 of doge and 1.25 mill of shib.
1k doge and 10mil shiba
i actually bought doge after the elon tweet lolol
both are awesome! but they should stop calling it dogecoin killer, they should be rambo and comando, contra ( game) or tango and cash! or something along that line... any more ideas fam
i have doge, shiba and spacemoon!
hodl both i do
much love 4 both...this is the way.
of course it is even necessary to love them both , together we stronger
i have both, but of course!
they rise and fall super similarly so yes. plus this is a war on banks not on other crypto coins. we are all here for the same reasons
10m holding strong 💪🏼🚀 together!
doge, shib and happy coin! hodling to the moon!
if shiba is .1 cent i love shib more 🤗
i own both, about 2k dogecoins and 5 and a half million shibas. both to the moon‼️💎🚀
i own both and hope they both go to the moon 🌝 🚀 🚀🚀🚀
i love both, i hodl both ♥️
hodling both. please let us stop branding shiba as a dog killer. nothing cool about that.
i dropped ... the volatility is like watching game of thrones except you're a soldier in the front lines and the dragons are swooping towards your forces to burn you to a crisp or changing their minds and wheeling back to immolate your enemies :)
i own both as well and got in early for both too 😬
of course, the more different puppies you have, the better!
i own 3 shiba inu dogs doge-shib-akitaand 1 shepherd ass ! what can i say love dogs! 🐕🐕🐕
wrapped doge pool on shibaswap when?
they both cute and i got them both 😊❤️🐕
yes and i own both!
i own both, but i was late to doge and only grabbed just over 100, shib i was not so late and grabbed 2.4m as soon as it became available on binance
all the "doge killer" rhetoric the team was using to drum up coverage probably soured a lot of doge holders. i got some anyway. grand of shib, unthisclosed of doge. was daytrading shib a bit yesterday and was up a couple of grand but then got caught in a shitty position and exited it badly (was a bit drunk). now i'm just hodling for a while to see.
d'ya like dags!? oh, *dogs,* \- yeah i like dogs.
i own both. doge i'm always in profit. shiba i've only ever seen red lol.
my portfolio is mostly doge and shib... i own the most shib of all of my crypto but these 2 are my heavy hitters. both to the moon 🚀
i own both and i love them 🚀🚀🚀to the moon coming soon
i own both, just wish i could have made in time to have had the same amount of doge just as shiba
i own the both!
will crypto.com list safemoon anytime soon?
i mean... the whole shiba vs doge is a bit chilthish... stop the doge killer connotation and push forward "the people's coin"
got’ em both !!
don’t like em both but own both. shiba is my baby! 🌕
goge is going to jump here shortly. buy more of both...
much love such wow !!! please stop the hate between those two bro
yeah, both communities are fighting. but fighting together. to the moon!
ofc you can, the more the merrier❤❤
i'm just here from . what makes shib better or even different from doge? is it just another meme coin?
very glad to see people from 2 different coins being so cool with one another. i truly believe the nickname "doge killer" is unnecessary. supporting 1 coin does not mean we have to hate the others.
the 'dogecoin killer" angle is stupid. we are literally riding the same wave as them.
i have like 6 different doggies i love them... but my special dog is shiba inu
i think there are way less holder of just one of the two coins than those having both... if you think about, how many thiscovered crypto over the last month due to doge and then git passionate about shiba?
sorry shib is and always will be doge killer. fuck elon
i have both i'm a shidoge army lol
hate would not get us anywhere anyway. both will go to the moon. just be happy that you are early to the shib party!
swapped all my doge into shibba 😂😂😂
i love both!! ❤️❤️❤️❤️❤️❤️💰💰💵🚀🚀🚀🚀
i love my dogs, no thiscrimination.
i've always wanted two dogs :d <3
kishu inu my investment 400% return in 5 days... much wow
i own both. overlooking safemoon now is biggest mistake people will make
\-do only good everyday-
same here i do not know why this hatred towards doge when both are same ...respect og
i own 3,05k of doge, bough at 0.06€. first ever crypto. i own 3m shiba. i trust you on this one! :)
fully loaded with doge and shib 🤘
calling yourself the "dogecoin killer" is not really helping, but yeah, i got both coins. mainly because i'm bored and think this is funny to see happening. i'm not here for the money. i'm here to laugh at the capitalists in wallstreet.
yup, yup! i love that they kinda move out of step with each other. i try to buy something every day and would much rather buy red than green. 😹💎🤚
i own both, to the moon! p
holding both shiba to 1$
to the mfing moon boys. i even got my parents in on this shi
yes! doge & shiba are family.
most of us are doing this but i do not know why nobody said anything about it earlier... i posted twice and the post got burried and i could not find it😅
why not ! as both are cousins !
i own both ✌let us take the world together
own and love them both, 2300 doge and 9000000 shib 😎
yes get all the puppers together
no problem in loving them both but having in the logo "dogecoin killer" is a bit counterproductive imo.
both! transferred some doge to shiba yesterday
this should be the way, shib community should not spread hate , i hold shiba, doge, kishu, labra
takes a shiba to know an inu.
sure! i suppose, most or almost all shibarmy members (at a point) owned or still own doge bags. just being honest🤷‍♂️
i own both but i am not sure which one will arrive to the moon first but i am sure both will do
how about doge shiba inu and dogelon !
those what own both are legends!
i got both shiba and doge, all doggo coins to the moon 🚀
stop that doge killer crap really
both to the moon 🚀🚀
sold my doge at .69 for the meme of it lol
50% in each. this is the way
have both. and still holding did not sell in any drop yet
is it worth buying shiba, say over the next 3 month what do you think the price will be
yep. i own both. coinbase will be adding dogecoin in 6 weeks so get ready for a spike in volume there and shib is just too cute. not to mention we finally have a coin that we can buy millions of and did not already miss the boat on. i own 17 million shib and nothing close to that in doge coin. i bought doge for cheap though.
lmao, now that doge is being added to coinbase, it will shib. shib will never have the backing that doge does.
i have dual dogi...
i have 2k doge and 5million shibs, both will go to the moon
why not!!!! the more the merrier
no rules in love mate.
we should consider using the new logo when memeing etc. the old one makes it look like a knockoff of doge rather than something that holds its own.
i own both. why make war?
doge is up this morning, is it possible to hate profits?
of course it is, and why stop there? sanshu, kishu and hokk are all nice dogs too!
i do not own doge and i cry everytime i looked at it bellow 4 cents and thought "much risk, stay away"
you dont want to mix breeds, do you? lolz
can you really buy shiba on binance us? because this is my second day trying. i looked on youtube but the features on their binance page looks different.
yes it is i’m with you guys made some nice gains with dogecoin already time to diversify
i own both also, wife for the weekdays (doge) and the crazy girlfriend on the weekend (shib)
ofcourse! i love them both. :)
obviously, i own both ans both going to the fucking stratosphere
holding them both too. i'm just starting with both the coins.
love each other and create a powerful an allied force
i like pepsi and coke too.
i use a mac and a pc too.
i have 30k doge and 28m shib. and a 90# german shepherd lol. it’s not doge against shib, it’s doge and shib against the system. 🐾💞🐾
i own both let go to the fucking stratosphere
absolutely!! both along with safemoon. to the moon.
let's make this dog take the rocket to the moon
i got almost all the inus. is anyone familiar with hachiko inu?
doge for space and shiba for covid 19 relief were making history
shiba, kishu, akita, dogelon, leash, husky and hokkaidu 😁
no dodge but shiba & akita & coshi & kishu inu puppy power to the moon!!
stake my doge, buy more shib
i do not have as much invested in shiba as i do doge, but i have more coins in shiba than i do in doge, about 3 million coins in shiba, only 1752 in doge coins. so if shiba ever hits.10 imma be rich as fuck 🤑🤑🤑
i have bouth because i belive in bought
i believe in both🥰
i own both also
in on both for over a month.
dogs are man's best friend.
i got positions in both. lessgoooo
of course. because we are the same family 👪
it's your money . i own more than one dog too ...i use to have doge sold it to buy keanu inu ...i still own shiba 💎🐶
i have both, considering buy more shiba rn
akita and dogelon to the moon
seriously i hate the doge killer branding. seems like a bad move all around.
fuck off with this upvote shit
stop asking for upvotes, it is trailer trashie as fuck.
no, doget and shib
be a free thinker im 100% shiba but i like everyone that can make me money!
yup of course ... it is the same as: bitcoin -> bitcoin cash ethereum -> ethereum classic
have you guys heard of moonmoon? very little market cap so we are very early!
shiba, doge, & kishu holder right here 🚀🚀
how to tell you're an investor and not a fan boy - 1. you do not blindly follow a centbillionaire 2. you have a diverse portfolio 3. you do your own research and do not follow twitter. 4. you bought shib because it was green 😁
will shiba touch 1 usd
doge rally is almost over... future is shiba
no, sorry. it's not
hodlin these pups like a dog walker. might be a long journey to the moon but they’re pullin this sled steady.
no you can only choose one! this is what happened to the last person who chose both! click link
the shib logo litteraly says "dogecoin killer" lol. that does not help.
what happened to the shib being doge killer?😷
any suggestion on shiba coin descriptor? 1- keep doge killer 2- change to doge cousin 3- other suggestions
what do shiba soldiers fight for ?
shib will rock like star
yes, and add dogira that!
respect your elders i say... doge was dad, time shib show dad what she i'd made of... stay clever shibodlers...😁❤❤❤
🐕 all dogs (coins) are equal 🦮 hell yeah !! only love to all them doggo coins. 🐕 = always a mans best friend. 💯 a dog might destroy your shoes, but will never break your heart ♥️ doge & shiba - 🐕🚀🐕
both going to the 🎑 🚀
i’m trying to own them both but someone please help me understand how to convert. i get the gas price and all the other things but not how to convert! damnit conversion
this the way… 🙏🏻
90% off you asked change from killer, here you go
we are in the same side our enemies is the banks
i hold and love both, going to the moon twice is better than one! 🚀🚀🐶🐶
i own both. doge and shiba to the moon 🌙🌚
haha... yeah buy shib to offset those doge gains... no thanks
how do you buy shiba? i saw that it was on binance to trade but not on binance.us
nope. shib is the doge killer so you must pick a side. 😆
yes both to 🚀
dis is da whey
do you kno de wae
shiba... dogecoins downs brother
used to own shiba, sold it before vitalik rugpull . now i own kishu inu, this is next shiba and no vitalik :d . bhiba (baby shiba ) is a good one too. i own both. and both will go to the moon 🚀🚀🚀
hi! my name is asian-killer. i want to be friends with asians i love both asian killers and asians... just realize how dumb that sounds. that image you uploaded literally says dogekiller. lol
1000 doge and 7,000,000 shib here
take the doge killer off
yes. i hope so. get doge fans to get in to shiba. my first crypto was doge. did pretty well. still in it. let’s all be friends
investment yes. reality i have a miniature schnauzer
both ❤ looks like majority are holding both 🥳
owning both and they will go crazy soon!!!
i own both….buying the dips
i own both 😁
absolutely!!! [shib journal] ( dogecoin journal[dogecoin journal](
you realize the shib coin says doge coin killer on it. lol yall gonna lose all ya money in shib.
old dog will crash soon , do not lose oportunity and be only a watcher looking how young dog burn 2 zeros next months ... thanx doge for all , the king is dead, long live the king!
if you hold both you are retarded sorry...
i bought shib. major regret. i think the holders of shib are the worst accross all tokens. and hating on doge will be one more step to its downfall
how to lose your money 101
no way shib is shit
this is the way!!!
lmao, doge has already reached its limits of 94c aud.
same 🙌❤️ dogecoin & shiba
shiba gave me the capital to invest in kishu
same! it's so fun to watch the money move in a little circle. 😹
a true pet owner
the balls on this man...
good choice on the doggos coins
hands down the best! 😂
lol, shib is the bastard child of vb
this is true if doge continues to be successful it’s easier for shib to succeed. i have a lot of doge but just purchased another 70,000,000 shib. we need to create more memes. maybe some where shib is little brother instead of doge killer. if we can get doge army to help us we will succeed faster.🤔 please like so people can see or give better suggestions
me too! lol got 57 vethor just given to me for owning vet
how’s. ass doing for you?
if shib hits a penny in the next year it will pay for my house and my car with some left to invest again !
there is kucoin or crypto.com
crypto.com app works pretty neat. you can also give a look at their shiba inu supercharger event, its pretty sweet
you can buy shib on binance
shih tzu is risky but v cute
15,000 dogecoins and 15,7million 's so aye thee can liveth those folk both!! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
bitcoin and etherium couldn’t kill dogecoin after so many years...you think shiba will? lmao. i hodler of both plus safemoon. this is the fucking way.
i just did add a dram moo doge to mine own container. i bethink elon hast a plan *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
just to 0.001 or 0.01 it’s more real .
the truth is that if shiba hits .
damn bro what strain you on?
do you think elon will eventually accept shiba?
ambitious ... i like it
good luck with that
they are very open to the community, if there is a lot of request they probably will. follow their telegram channel for updates, they add new coins very often!
i love em both! 😍🚀
any suggestions on coin change? dogecoin bro?
**the way, this is.** *-desi_thug* *** ^(commands: 'opt out', 'delete')
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do it!! woof woof!!!!
i didn’t know this was where the armchair scholars came to thiscuss real world issues. this is the fucking shib sub. what did you think people were going to post? take your poo poo attitude somewhere else, fam.
**rock like star, shib will.** *-mirza_69* *** ^(commands: 'opt out', 'delete')
lol, most people have both
he does not know the way
kishu gave me the capital to invest in pussy
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i'd love to see shib as doges little brother😍😍😍😍 this is the wayyyy
this is the greatest comment i have read here. people still believe doge is a enemy to kill instead of use it as a inspiration 🥸
yes! little brother shib is much more fun. i like the idea of big brother doge giving little shib advice in almost a "pixie and brutis" cartoon kinda way. maybe this would be a good meme?
fuck your shib bflores
survival of the fittest baby. crypto is in the wild west phase rn after all.
i mean if there was no competition then currency would have no place in society
very well so far. but i've only been playing it for short term gains. buying in dips selling off when it looks time.
! just a few billion shares for about a . damn the gas fees though
i'm actually trying both of them right now. kucoin is giving me issues with confirming my personal info. crypto.com keeps getting denied by my bank🤣 i just want to ride to the moon, damn it!
i saw that one but i only got so much capital. i do not want to spread everything too thin xd
i got shakespear-botted! i have arrived!
i don’t think it’s smart to lay our hopes on elon or any celebrity. the people need to keep buying shiba and make it more rare. it’s a matter of buying and holding. patience is the key.
luck is for losers
i own them both ✌🏼
i am shib supporter all the way! i have more than 100 mil in shib. it's an honest question, i ask, can you be a shib supporter and own doge?
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the this is way
yeah i do not care i want to be rich 😉
pussy gave me the capital to invest in child support!
don't use eth the gas will eat your soul... but it in bitrue with usdt no gas fees
damnnn i love this😂😍❤
buy a coin on coinbase and send it to [crypto.com]( and trade it for shib
in the us, coinbase is the safest for linking your bank information imo. they have the most history out of all these other apps. i use kucoin for example but will never link my debit or bank info. on coinbase buy xlm (they have super cheap transfer fees) and you can send it to your exchange of choice. exchange the xlm for usdt, then you can exchange for any coin. coinbase wallet (separate app) let us you get shib directly with eth too but the swap fees are over .
that happened to me with crypto.com. i had to immediately check my email cuz my bank had to verify that it was me really me trying to buy crypto. it's happened a few times for me now, and i just have to check my email. as soon as i verified through the email my bank sent, i was able to open crypto.com and buy right away.
you have to call your bank and verify you’re making the transaction , i did while on the phone with the bank easy
yes. you can. and you don’t need anyone’s permission. unless you are underage and need to ask your parents if you can spend your allowance money on crypto.
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***this is the way***
oh you thought i was joking. i literally meant 🤑
cant find it on binance😢
what is this with the gas fees all of a sudden. everywhere i look its metlntioned and i have no odea what it even means🙈
great info everybody. i appreciate it a lot. definently out of my element with crypto but i've enjoyed learning about it all
i love this, made me crack up hahaha! 😂
reddit knows... this is the way stay shibby
i didn’t my friend i can tell that’s going to cost you a lot 😂😂
not on binance yet. eth network, use uniswap
just look on youtube and buy asap- kishu will follow shiba, gas may be high but worth it...good luck comrade
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pussy is actually pretty cheap right now. you might want to get in the weth.
the meth pussy? pretty cheap. can confirm...
he’s come to save us all!!
or shiba inu found you just walking down the road?
means there are many shibs out there that still need a forever home. let’s all do our part!
the owner did not hold.
the shiba came to you ... you must embrace it
i’m buying more. it’s an obviously sign. who am i kidding, i was going to buy more anyway.
moon next week. the gods have spoken.
shib be looking all majestic
he knows exactly where he is .
i'm surprised it let you pick it up.
one does not simply find the shiba, the shiba finds you……
wild shib just taking a walk minding it is own business when random human kidnapped him :(
now we know the reason for the pump since this was posted.
you selling when he is worth .01?
please find out if the shibe is chipped! they are really smart and deceiving animals! make sure the* poor lost shibe does not run away again!
i’d say pretty low odds. i can’t find exactly how many exist in the us, but in japan there’s only a few thousand of these dogs. it is also the 14th most popular breed registered with the american pet registry. in the us 14% of dog owners report losing their pet every year, and there are ~76million dogs total in the states. so out of ~10.6million lost dogs, finding a shiba inu has to be quite uncommon. just spent like 20 minutes researching the odds of finding a specific dog on the street lmao
thank you for hodling shiba inu.
when you find a shib you have to give it treats. new group rule.
that is much more worth it than the shib token, you will not regret to invest on him
ok, you convinced me. just bought 1 mill more.
this made me buy an extra mil lmao
she’s no longer lost- she was found. just like all of us!!!
quick, make some great memes with pupper!!
shib is free if nobody see.
it's a sign to buy more shib!
he was looking for you
doge adrift is a gift
the stop sign on my road has a shib sticker on it.
he looks right at home to me.
you were supposed to "hold" him. 😅
gonna have to sell her shib for a bunch of lint rollers
they do not bite
every human walking down the road without a dog is lost.
shiba inu will save us
hey that’s mine !!! his name is hodl and buy the dip
time to buy some more
not gonna lie, i want to invest in shiba but for dog shelters after looking at that
the owner is hot
who was ready to take selfies lol
"the prophecy foretold that the shib would one-day show itself; when that day came...she was ready."
if my limit orders ever fill, i'm buying a shiba inu puppy for my dad to hopefully be his service dog :)
a sign indeed. hodl.
ahhhhhhh shiba soul mates!!!!
hodl that dog, it’s meant to be, people suck!
that's got to be at least 1bil shib.
so that is where shib has been walking around lost. that explains that dip! now shib is found again and we 🚀🚀🚀🚀🚀🚀🚀 once again!
all dogs are cute, but damn that is a cute doggo
yes, it is a sign.i believe!!!
sell it and buy millions of shib
save the shib, hodl the shib, buy the shib!!!
he was out trying to buy the dip but got lost because he could not find it. for real though hope you find his owners okay! thank you for rescuing this sweet shib!
that dog is beautiful!!!! 🥰🥰🥰🥰
i was handed someone’s phone number this morning on a sticky note at work. received it upside down. the last four number read “9145”. has to be a sign!
this post alone made shiba go up 25%😳🚀
every dog needs a home, every coin does as well
this is a sign for sure
what are the chances of that! coincidence? i think not! shibarmy🚀🚀🚀
thats fate do not sell buy more
did you find it or did it find you? 🤔
it is the way
the chosen one. hail shib
im sure the owner of the lost shiba inu is not thinking the same!
i’ll adopt him if you can’t find the owner <3
please please get him checked at your local animal shelter to see if he’s chipped. i own a shiba and they are notorious escape artists , he definitely has an owner as these are not dogs you just come by. if you are unable to locate his owner , please locate a shiba rescue group. if you need any help i’d be glad to direct you to a local group. 💜
our lucky little shib!
means nothing unless that dog went mississippi leg hound on you, then i would say based on the pattern you could form some kind of thesis….
looks like that good boa needs a brushin.
that dog has great taste but you have hair all over your jacket
put it back where you found it or the mom would not find it... just kidding. yea, might be a sign. might be just a lost dog 🤷‍♂️ either way, it is red or green crayons to me.
it’s a buy sign for everyone - ’s go
yes, please check for chip
pretty good considering the rise in popularity of this breed. people buying them that do not know how to care for a dog like this.
yo, legit. the dog ok?
looks just like her to
the prophecy has come true! shib shall rise!
arf arf bark bark ruff ruff.
let's help him find his way home to the moon!
ayyy, what a handsome shib!
yeah i know these animals are runners. he ( i think he is a he) could be 1 block from home or 20 miles from home ...he looks about 2-3 years old ...so he is a doge coin shiba ...but he is still a life and i appreciate you looking after him...he seems to like you and staying with you but put a collar on him and walk him home and wait otherwise let him go and he will eventually get home if he survive the journey on the road ...
anything can be a sign if you allow it to.
take me to your feeder!
shiba finds a mommy lol time to invest more!
it is a sign. beautiful.
please check for a chip. i have a shiba and would be completely heart broken if someone found her and didn’t return her. she can wriggle out of her collar too. she once ran away from me at the beach and i was chasing her for about a mile in front of hundreds of people until she got tired and just plopped down and let me pick her up. they like to run like sled dogs. but please take her to a vet and check the radio chip. karma will thank you!!!
omg did you find their owner? 🥺
it’s a hybrid, protect that shib at all cost
incredible scenes!!! shib to the moon
did you find the owner at the end?
shiba inus are known to runn away lol i have 5 of them 😅
why would anyone throw away a dog... hope you find their owners.
my notes say sacrifice it.
thanks. she belongs to me….but who’s dog is that?
awww 🥰 hi baby 🍀🙏
that’s i a sign from god ,shiba is ready to be the first 2 trillion dollar crypto to make bitcoin look like toy money 💵
lol. what are the odds
maybe elon musk lost him.😂
what’s lost has now been found. this is the way.
help this dog out. find a home
damn take care of him or her congratulations on a friend🚀🚀🚀🚀🚀⬆️🦍
i just bought another . it is a sign. this is the way.
someone lost a lot of money and let the dogs out.
you didn’t find him. he found you.
you sure it is not a doge infiltrator?
wow that is a good looking shiba inu. yes, that is a great sign. thanks for sharing this inspiration. let's take over the ownership from a few of these whales 🐋. we little people can have strength in numbers and keep accumulating and hodl. that way these whales cannot manipulate shib.
and you shall have a thousand . or, let’s erase another zero. is my mind still working at this late hour? all i’m thinking is how to get more shiba and one day a dog like yours ❤️
holy shit, did not know they shedded like that
probably some paper handed fool dumped him
omg i love it
that's awesome it's unfortunate because a lot of them are up for adoption because people thought they were cool buying shiba inus do not realize they are very very touchy dogs and extraordinary amount of care much like huskies do but very lovable and super loyal
we love our shibs ❤️🍎🌈🌻🪴
the prophecy has been fulfilled. here we go!
this is the way of the shib
time to buy 50m
you better adopt that ting
that's crazy! love the vibes it gives though.
guess we gotta btfd then…
you give that damn dog right the fuck back to it is owner as soon as possible.
he is the chosen one! made to lead us into wealth cocaine and orgie's! 🤯💥💥🔫 8============d----------r/
thanks it is a good idea to sell all my ethereum cro vet everything and put it all into shib... probably pump in another 6 or ?
boy, look at all that shedding hair on your jacket
i’ll adopt him now
great……. does that get added to the circulation as well? 🤣
wow. that's a sign. get him all the treats he wants.
now i want a shiba dog
owner did not have any leash ;)
more you read shibible, more tokensinnners ll be 🔥
your jacket tells me that shib needs a good brushing and probably a treat for being a good boy.
fuck me i'll buy . i too listen to the universe.
i had to take my poor dog to the vet for an emergency today. while sitting in the waiting room, a lady came in with one that was probably only a few months old. a definite sign.
snuck out to eat some dips and chase some highs! 🐶🚀
damn momma, you fine as hell. lol
looks like a right good boy ... pet him for me
what an adorable shiba! it is a good sign indeed
what a lovely and noble little beast!❤ my sister has always had shiba inus. one time hers ran around the neighborhood and some neighbors caught her and thought she was a fox.🦊
i will 100% adopt this dog if you cannot find the owner!!
ha. true. i’m buying more
the owner must pay in shib to get it back.
no offense but pretty good everyone is buying these animals and they are high energy animals that love to run...but hey good for you looking out for him. where is his.he ...looks like you got a new best friend ...
which one is the shiba?
you’re cute, you have a husband yet? i’m gonna need someone to share my millions with! 🤪
just as an aside: you’re pretty cute. 👍🏽
shib is going to 0 unfortunately
just wait till everybody hears about catgirl 😏
dont trust in someone that doesn’t show his face. lol you are trusting a stupid picture. that is so fk up
the picture quality is so nice, what phone you using?
hex.com is real value
sign to buy doge?!
shib is love shib is life
oh he is not lost, they always go about their way and go home whenever they want to.
“lost” i wish i found a “lost” wallet with 10 billion shib😂
i see shiba everywhere i go!! my wife absolutely hates it when i point shit out, i just look at it as a sign from the universe 😎
take good care of him!!!
my name is wojak, my friend clad got his first million with bitcoin, my friend boomer got his first million with ether, my friend doomer got his first million with doge, now its my damn time!!!! shib all the way!!!!
thos are great odds. :) how do y’all post pics in here???? i can only post emojis and hyper links.
the sign says hodl.
that poor dog is wondering why so many people come up and take selfies. lol!
they were lost grasshopper, they were searching for a loyal human to guide into peace and serenity.
not as low as one would think, they are notorious door dashers.
what are you gonna name it?
jenny, you did not find the dog, you stole it.
all i see is how much it is shedding on your jacket.
for a second i thought it was cathie woods with a shiba inu and was super bullish
[it is a sign]( you just have to read it right
which one is the shiba inu?
careful... may take a dump on you.
what was lost is now found when the shiba comes around.
i luv dat shib!!!!! [
the hunted becomes the hunter after the dip.
beat me too it, i’ll delete my comment haha
i’m still looking for one :(
the owner got paper handz lolol
selllll, jkjk, looks like a good pup. :)
it is a sign.
couldn’t help it. see shib and hodl!
the shib has spoken!
when he is worth 150!
he def needs a grooming!
can be a therapy dog because of how loving they are but they are so stubborn. as in they know exactly what you’re saying but they’ll only obey if they’re in the mood. and they have a “wild beast mode” too that they can switch into for about an hour or two at a time and nothing can snap them out of it except them getting tired.
we found each other!
not sure if that’s a compliment or an insult 😂
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yes! i posted her in my neighborhoods fb group and i have an appointment to get her scanned for a chip in the morning if she hasn’t been claimed by her owner. i know i would be heartbroken if my pup was missing! 😞
not yet… posted in my neighborhoods fb group, called the local shelters, no luck. taking her to get scanned for a chip in the morning.
hey i’m no dog napper 🙃 i’ve been trying to locate her owner!
not as indeed as your mum *** ^i ^am ^a ^bot. ^downvote ^to ^remove. ^[pm]( ^me ^if ^there is ^anything ^for ^me ^to ^know!
no collar, i have not located the owner yet 😞
always check chips first. they have can wiggle out of collars easily and that doesn’t mean neglected or no owner at all.
i mean put a leash on a doge so you don’t loose your shib.😂
get it? 🤣😂🤣 nothing serious, i’m just joking, i like doge too.
i do but you can be my boyfriend 😜😂
and you concluded this how? do you have a crystal ball that told you?
btws if your gonna troll and be a stoner you should fr do it securely i can see where you live based on your ip dun dun dun da
i do like my girls hairy. i'm in!
kitty inu is the next one to look out for!!
i actually found the owners, they lived several neighborhoods away, and they were super grateful for me. so no i didn’t steal the dog, i actually saved it from being stolen. 🤪
not sure if that’s a compliment or an insult 😂😂
needs to be a song 🎶
woah there hol up pahtna
omg thats my dog
contrary to what everyone may believe in this sub, they are actually a shitty pet lol. very high maintenance and usually psychos.
sell the shib for more shib? sounds like a plan to me!
love it. true diamond hands... this is the way.
i think he would be ok with a therapy dog. really the whole fam needs a therapy dog so this baby will be very loved :) thanks for the info about shiba inus
nice i sell solar out in massachusetts
no collar either i assume? keep us updated on the story. we’d love to see them returned to their owner.
post on r, those are the dog subreddits, owner might be there.
you will they will be looking for him...report him to the local animal shelter this is where they will be looking for him first and possible craiglist or any forum the locals use...i've had a few hound dogs over my life and they are runners too ...i found one of mine once 3 mountain and 3 towns over once ...i got a call because i had bad ass collar on him and was told they found him in the mountains a few valley over ...he ran out into the wood chasing big cats i guessed and just kept going until he seen a truck and though here my owner .they said he was tired and thirsty but hopped right in the truck and was being a good boy for them...i appreciate them calling he was 5k hound dog...he broke the window out of my cabin and hopped a 8 ft fence ...
there are non-profit groups who will come straight to your location and scan him for a microchip. it’s called paw boost patrol in our area .
you're the owner now. hodl!!!!!!!!!!!!!
copy that but she does not have a chip reader or really nobody does not beside the vet and shelter on hand .
good one! make sure you have a too! 😎✌️👏🤝
yeah! go doge and shib. doge will rise though! ☺️
heck yeah i’m down 😆😉
so you want me to scream? ask for help?
front or back camera?
i’ll sing. we’d use a folk genre
his name is butterscotch i never thought someone in the group would find him wow mind blown
i know how shibas are. still want one though. coming from huskies it can’t be that bad
only psychos hodl!! 😂😂
i have one. he sucks. my wife says, "he makes me hate cats." i say, "he's a machine sent here to study us."
never sell shib . . always hodl and get more if possible
awesome. i’m in sc. are you with lgcy?
no i’m in sc
but, could very well be an abandoned dog. it happens.
he’s at my house for now. i posted him in our neighborhood facebook group. i’ve never seen him around the area before though.
big weenie in the party watch out for this guy has 6 mo to live and decided instead of wishing for a better future he said i'm going to he will anyway might as well stir shit up
pretty confused by what you mean but fr if you do not have anything nice to say do not say anything and also your computer camera should be unplugged or amed away from important things 🤔
is it really? where do you live? also he is a she. 🤔
i like the way you think. hodle and give lots of love to your shib and see it grow up and become amazing companion.😁
yeah definitely he looks like he has cuddle right up to her...so he is looking for a human ...he does not look like he has had a brush in awhile .i've been worried that would happen with alot of these shiba dogs and pandemic dogs ...i see it being a problem .let us are huge responsibility that people just do not realize until they have them...basically like children...but not children...
try your local vet to see if he has a chip in him. i found a great dane a year back that i got lucky with for having a chip in em
lol shut up kiddo.
for sure a bummer, but hopefully this lil feller here gets a happy ending.
i guess your dog traveled 900 miles to sc. she must have really wanted to find me! 😳😂
she does that more often than id like to admit butterscotch has been apart of the family for atleast 2 years now but she goes missing from time to time every time a dip happens then comes back when we're up how about you take good care of her for now and if we hit a penny i'll come get her deal ?? her name is butterscotch not because of her color but because she will actually come and steal them i you have any and most of the time she eats them other times she hides them she is a very good girl tho great with kids 6+ because she gets pretty hyper that and younger children tend to be rough with smaller dogs she knows how to fetch lay down stay sit still trying to get her to roll over when she has to take meds hide it in cheese it gets her every time her claws have to be trimmed atleast once a month they get sharp she likes sleeping at the foot of the bed she will let you know when she needs to go out she really likes her name came to it the first time we tried one and she is a mole hunting machine last but not least she likes to go out early in the morning and right before bed to avoid accidents in the house feeding twice a day not a big bowl tho a medium sized bowl like and not too much that why twice a day blue wilderness it is expensive but a dog of her size does not need as much of it as she would a purina or other brand because it is not as high in nutrition last but not least because we cannot be certain what she was eating before you found her she may have diarrhea till she is regulated on her food again also id worm her just in case she got into something
she is been picked up by truckers a few times no joke last time we went and had to get her in chicago
ik it is alot but it is important information
purina or other brands are not as high in nutrition and protein which causes them to eat more to feel full which can cause bloating tummy aches unwanted weight gain and shell sleep more for her body to beable to process worse foods
just cannot this time
what are you on
as the other guy said, stop, please - this is just beyond pathetic now. i notice you've still not addressed the fact you said he and him initially, am not no diamond balls on this dog.
nun just was tired and having fun
i stopped a long time ago was just having fun
i was just telling a made up story i've got 500 mill shiba been holding since march and when doge crashed i moved everything into shib 🙃 so honestly i've earned a few stories and getting to have fun i could cash out now but i'm waiting like the rest of us for life changing money and that is why i like to have fun here been holding for hellas lightin up jeez
i'm doing you one better, i use my coinbase visa a lot and every time i get my crypto rewards daily i've been converting it to shib. i'd rather make my money work for me 💎💎
i’m tempted 2 drop 18k 🤔
i just did 20$
doing 100 to cover for those that cannot. i'm a hero i know 🤑
instructions unclear bought a shiba irl
put 20 in just incase lol
woot woot!! imma put 10 every end of the hour if it’s on sale at that time. lfg
let’s suggest a certain date. on this date all here will buy for min. 10 dollars. we need to give all some time to prepare. and some time so that as most as possible people around the world have time to receive this information. i am for this sunday!! or better even: let’s plan a 3 days investment plan. for example: mon., tues., and wednesday. every of this days all of us will invest at least 10 dollar per day. we can start on coming monday. voting: if this massage gets min. 2000 upvotes until sunday, then the 3 days investment plan are agreed between us, starting on coming monday (01.11.2021)
does putting in ?
last night did 16$
i just put 400 in last night
done! we need more members!
250 lets get to the moon
i put ,400 in today. threw ,500 in yesterday. planning on adding more everyday
the choice is ours. let’s show the the world what shiba can do
everyone spread the word. we can make those green candles. we moon and we have to power to do so. we shall not settle for anything less this is the way 🚀
i just bought 1k more beaches buy the dips
bought enough to cover about 77 people. looks like shib is getting ready to run back up
after reading this post, i added .
dpne ( nearly that) my currency is not $
if only binance would let me put money on my account
bought what i could, now i’m up to 950k shib. after payday, i’ll own a million of something…. crazy to think
i just did , getting close to reaching my goal of 100,000,000
ok i'll do it. to the moon!
ill put in 500 for the gang 👹
just bought for 👍🏼
i just put in !!! almost 2 weeks ago, i bought . then , that went up like , so converted to shib, then added another ! let’s pump!!! 🚀🚀🚀🚀🚀🚀🌕
. ladies gents and others.
oh hell i’ll throw in
i am sorry, i cannot buy anymore until next payday. i am holding 6.2 mil coins. hoping to pay off my house and student loans with this!
sub reddit is so much better form thiscord.
okay, but only if people actually do this shit this time
lol there’s never anyone online. so i doubt they’ll see this. /:
that’s the way how act an army 👌🏻 show everyone that shiba is a strong community ✊🏼
, selling some weed stocks to go more
fuck, i put ! my finger slipped!
i’m on it tonight as soon as i get in!! won’t forget!!
i love buying a dip first thing in the morning.
i guess i did my part already this morning 🦍🤲💎🚀🌝
just converted , doing 16 people's job here!
i already put 63 in today, if it dips more i got another 30 to drop, that leaves me 8 for groceries, i'm on board, i'm a team player, together we moon!
put me down for a thousand shmeckles
i didn’t do 10, sorry i misread and did 500…
was about to say “10$? with these gas fees? pass” before realizing everyone on board must utilize cex. 🤭
you had me up until the end. i’m down to buy some more but there’s no need for the vulgar garbage. a lot of people here are also a part of those communities. everyone needs to be nicer to each other, especially in these days.
just finished new crypto training on coinbase, moved reward straight to shib +21000 shib! not much but honest work
just got rid of my last 3500 doge. another 1000 into shib …. all in 🙌
big things coming this weekend 🖤
but i put down
done- 80! covering myself and 7 others
, strap in gentlemen! 🚀🚀🚀🚀🚀
i see the rocket 🚀 in the chart hold on
it’s reoccurring buy day for a ton of people, this party isn’t stopping anytime soon. buy what you can while it’s still cheap
what sort of difference are you anticipating? i'm putting 250 usd
i just bought ’t or won’t. send this shit to the moon!
i'm putting 25 in today
im broke lol i put in my money like 2 days ago. anyone want to cover for me?
just tossed in €75, let’s go soldiers 💸
so if i put 50 yesterday, does it count?
im in with 410,000 shib, to the moon!🚀🚀🚀
let's blow the lid off this thing!
putting some more money into this on monday!
i'm trying to drop another (canadian version of robinhood i guess) is being a total donkey shit head and their etransfer system is lagging upwards of 48 to 72 hours. it's been 36 hours so far...
just put in .20 boys
i just wonder what a how dick looks like?
put in . holding 8 mil rn
just bought another 🥺👉🏾👈🏾
i vow to use all my cash back rewards from my credit card to shiba. free money. for free coin. for free moon 🚀🤯
already bought .4 million
buying all day al night and thru the weekend 🚀🚀🚀🤣
i added 10. then my gf got her own wallet and dumped like . plus we plan on buying more on payday next friday.
! let’s get it shib army!
i just came here cause i saw there is a fucking party, should i bring my own spouse or will it be supplied?
please give this person the nobel prize in economics. wow. brilliant!!!! amazing!!!
just did . let’s keep going!
the price is going up!!!!!!!!!!! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
i am in for 🐶🤝❤️
just sent 300 woooo 🚀
i’ll do 100 bucks, let’s fackin gooooo 💎🙌🏼🚀🚀🚀
i’ll throw in another 10
i was already going to put in another hundred since it is payday.
i'm in for .
i bought 500something. 532 i think.
did all i could put last night soo already did what i could here
is this man giving his reddit post credit for the coin with over 300 trillion in circulation going up?? 🤣🤣
i just bought ; what a coincidence that i'd see this thread pop up five minutes later, haha.
bought another 10 million yesterday my holding are at 81 million 👀
guys i want to buy more shib. which of my other cryptos should i most likely sell to buy shib?
i’m tanked out, i bought 10 million shiba yesterday i’m holding 400 million.
you son of a bitch i’m in. i just got
legend i purchase 69$
i've never participated in one these but lfg today
! lfg happy friday gang
did put another 200✌️
done! wow can’t believe how much 25 dollars gets you now, nothing like back in may 😂 go shibarmy🚀🚀
i've put 150, this is my first ever experience !
if you need a place to purchase you can from public i love this app
i got paid today, put in , let’s go guys
i bought for another 4700$. lets go!
me who just bought 15 million the other day 😵😵😵
just threw in 30 more dollars
got 150 this morning and another 50 for good measure as we break 7
done ... bought an additional . usd
lets get this train moving!
you sunuvabitch. i’m in.
put in 200 this morning right when i woke up and saw direct deposit
just bought another million. told myself i was going to wait it out with what i have, but heck with it. when the community asks, i'll act.
i put in . let’s go boys to the 🚀🌝
talk me into dropping an eth in. 10 bucks i’m good for.
just put it another , lets a fucking goo
i did £40. i'm new here. hiiiiii
i dropped 1000 let’s go!!!
eh, screw it. i’ll throw 100 in and average up.
let's do it! just put in
i bought 100. this is the way
jus got 3milliom more... that should cover for some those who do not have
welp here’s another . i haven’t sold a coin - diamond hands brothers and sisters. toooo the moonnnn!
40 going in now
i just sold my mothers titanium leg 1000 dollars in!
last time we tried this it failed epically lmao i’m all in
people really do be buying high and selling low
when i see a post in caps and emoji i know its trash
just bought a million shib for 74$. straight to the moon
i put . did i do it right?
just dropped . let's go!
i can only do .50
sounds like someone wants a pump and dump.
just did another 14 bucks. man it don’t go as far as it did back in the 02 days 🤣🤣🤣
tell your friends and family , my boys and i have put close to 10k into shiba in the past month
last 2k i have for my shib army, all i have.
just dropped , lessgo
i threw in another
done done. opened up some long trades too
just bought another !
. let’s gooo 🚀🚀🚀
shiiiiiit, it’s payday! i’ll dump a lil more
ah screw it, what's another 🚀
just put another !
you have my axe... and 10 dollars. edit: i just bought another .
i'll buy . i only have 9.5m shib currently
only got like 1.6 million shib atm though slowly but surely snowballing my account into something more 🙂 bought another . game plan is to do that once a week!
just bought more 😎
converted all my eth and bought !
you got my ! leterally rn!
i dropped 100 a few hrs ago, i get another 20
done...this is the way
can i borrow 10:,(
done ✔️ team work to get this shib moving
just did .50 for now…might be doing
put 100 canadian 🙏🏾
just bought 50mil ltfg
, had no spare cash
i just bought for
i swapped my doge for shib inu. worth about 50€ not much, but all i can spare.
we need a code, a time to pump, without big money knowing lol
just did . should probably do more
went for another , let us do this guys!
new to the army sub but just added 15$
just bought 55€ worth of shiba again let us get to the 0,01
put .38 in, my lucky number
i have a recurring . even .
i have added £10 for my part. we are the shiba army lfg 🚀
just got 65 bucks worth. up to 18,080,290 total shib. holding for the 🌙
10 dollars of shib, 200. ' stonks!
nother hundo on it.
this strategy has been proven not to work with this sub.
i yolod everything i got already living the next week on : fuck what’s
going to add another €50 right now
just did . new to this army. close to 1mil
i just bought 100
i’ll do another 20 just cuz i feel like it.
just dude 50$!!!! let’s go
i'll double it .
done! edit: spelling lmao
just did my part. put 10 in now and 400 last night.
i put 2000 euros🙌🏼
put whatever you want... just keep adding... letssss goooooooo!!!!!!
i did 30 for 2 other people lol
, happy friday! 🐕🐕
fuck it, im in!!!!!
i putted 100 euro 3 hours ago.
i just put in another
any of you are on crypto.com? if yes, are you able to purchase shiba with debit? it gave me errors all day
just dropped a little !!!!
well i just did another 100
bought 1000000 shib in early morning
remember me on wallstreetbets gme🤧🤧
… 2 mln done.
bought another million just now 🚀
. let's get the weekend party rolling.
bought 3 mil as well cheers
i'll do you one better. .
gf put in 1000 last night
i can do that 💕
it's friday the economy is crazy politics is crazy but we got paid and it is time to pump the shib let us go lego!!!!!!
with the wring circulation out there its literally a no brainer to buy as much as you can asap
i fkng love this community, you all legit make me happy to just be here.
look here! listen! it's already happening. just buy and hold. piece of cake. piece of crumb cake.
done and done ✅ 🚀
i have 10... but i cannot pay the gas fees. i will cashapp you the . keep the shib. only for shibarmy family
well i put in
in for 5 hundo.
fellas post this on twitter and other social media, spread the word!!!!
it’s pay day i will support the pump with 15 right now! comment done when done!
just added . in this for the long run!!
you can buy from so easy
take my last 80$
i put in 20. hope it helps
all my crypto mining is going straight to shib. (actually half of it. i gotta pay my electricity bill... lol)
i'm not a very rich investor but i added my
my 10 is in! help me get to .007 so i can pay off all my debt including student loans!!
!… puts me up to 154mil shib!
i dropped another 250$
i put 300 more in yesterday
lol dude in two days i put in 600 plus
just bought for 30 euros if that counts
will be on board shortly
done . i’ll drop some more later on the day. i like to invest in increments.
added 100, liftoff will commence momentarily
i’m gonna put in 16 grand later on tonight. selling my beamer
just so everyone knows...crypto.com is doing a raffle where anyone who buys like
yup dropping 50 to cover a few that can’t drop 10
i’m doing it right meow
just did another - go shib 🙏🏽
done it! 10 euros more :)
i bought first thing in the morning but after reading this ...fuck it brothers and sisters i just had to buy a lot more just now
these prices are too good to pass… i feel it! doge run over… the rocky balboa of coins is fighting back...shiba!
on board in the ath? are you crazy xd
. let’s delete a 0.
we need the 7 8 9 method...the seven needs to run up eat the 9 and over the zero we go!
i put in , but another ’t hurt. done deal.
just dropped another , lets go!
done - ,000 put in today i’m just shy of 100m shib
i am scared, we might put 10 each to make a green candle and some stupid whale might cash it out.
did ... hodl 360mm shib. not selling diamond hands baby... btw when are we going to drop another 0?
yo you gotta say nfa dude
,000 members is only :( drop in the bucket when shib has market cap of . i hope all make lots of money!! but keep an eye on market cap, it’s not as easy to double when it’s this big
120 ada -> shib
50 eur in, amin
did my part, bought 45,000,000 today
i havent check shib in a long time. but waow the price increase so much. what cause shib to increase so much? is this a healthy grow?
you cannot tell me what to do! i'm buying !
this mean: "sell alll shiba before the rest, save yourself"
will do my part... doing it right now
i now have over 5,000,000 shib!
fuck it i’m in
as soon as coinbase allows me to put more money in i’m throwing a 1000
just bought in another .
if i may ’t mind.
done put in 3k lets do this
it’s payday ladies and gents let’s get some tendies
i did it without knowing this was going on.
put another 500€ in!
instructions not clear bought
just got £20 of shiba 🚀🚀🚀🚀
bought 25. telling all the homies to buy 10. can’t they see i care about them?
bought 1000… still waiting…
as you wish mi lord!
convinced! i put !
! oh captain my captain!
ill do 300 later
2000 euros incoming. i will post screenshot.
what an annoying post. but i support it. lol
i bought . my heart is worth 20 men
i just dropped 500$
this is the best community ever
hate to say it dudes but 3 million dollars isn’t going to help much. yeah, every dollar helps so nice sentiment but 3 million on a 40 billion dollar market cap? pump them numbers up fellas.
i put in a k the other day, does that count?
i put in 100. even had 20 people match my buy
i added 6 million to my wallet this morning...
waiting on my binance verification… fml.
put in an extra 15 for the cause
i'll put 20 was going to spend on macdonald 😆
this is the way to do it
, let’s have a ball today ladies and gents 📈🚀
dumped another . let’s see how this plays out, cotton.
got in 100 after taxes, so about 95 dollars in
i'm doing my part
hmm was just thinking of doubling down in case rh announces it is listing soon but even if it does not were going up.
here we go i'm in with . holding coinbase wallet: 17,091,255.85218759 shibaswap total buried: 5697001.936
i’m ready to drop another couple of hundred. just looking for a dip
where do i put my 10 bucks
count me in amigos
i did 30. let's hit 1$.
only did 10, but you can insert startship trooper kid here
due diligence done... bought shib 60.
going to max my coinbase daily amount into shib
went …prove me wrong
got you fam. 👍🏽
added 100. anything you can spend to contribute to the war effort is gonna help us win this war!
bought 10mill shib about 180.
did it just for you
just bought my first crypto. .
put in 5k earlier when it dropped to 6000 :)
£20 in to show support
. light the fuze already!
just put in 400, so i’ve got 39 other people covered
why baby doge going up ??
i converted an ethereum to shib anyone strapped for cash i got you on this one
this is literally just blatant collusion to manipulate stock price
my 12 yo son talked mom into buying 10 dollars yesterday, then i see this post this morning. figured it was a sign of some kind, . first ever investment in coin.
i just did . now ... edit - made it 30 lfgggggggg!
250 usd let’s goo baby!!!
i put in my hunny
so. this is clearly the illegal market manipulation and collaboration that other subs where so worried about, that lead to the “this is not financial advice” thisclaimer. including it really doesn’t obscure the explicit violation of federal law going on here. right?
i bought 30. wtf i'm srry i tried
just put . will have to make this a biweekly buy! new to this coin, nervous and excited.
im here. hodling 175 million shib
i just dropped in ! keep the momentum goin fam!
that's called market manipulation.
i just put in 500!!!!!
the duty was done.
no one can say i did not do my part! wish i could buy more, but i'm a bit strapped at the moment. that said, i'm not selling!!!
did 20 as my first crypto purchase let’s go!!!
i remember when shiba started and i thought it was a joke currency. it might still be, but god dang if it hasn’t gone way up. if i had up 10 dollars in back then i would have made more money than i thought i could. so here’s 50 and let’s see what happens.
i did my part and i salute the heros and heroins who could afford more than , enjoy your lambos you gorgeous motherfuckers 🚀🚀🚀🚀🚀
instruction unclear, bought fir 500$. i am doing my part.
done. 80 last night. 20 more just now to make it 100 for those who cannot
this is literal market manipulation. have fun with the fbi.
just in for . let's go!
you people are so dillusional if you think 10 dollars will move the market when the trading volume is tens of billions
diamond feet,hold hold hold,to the mars,👻👻👻
elliotrades said those that are enjoying the meme coins right now either have 500 iq or -500 iq.
i did my part! everyone else - f\*\*\*in do it!!
this was an extremely useful post
got in with 30
1k on the roulette table
just did .5 worth lol
1100 fat ones down daddy
fuck it, . already in the green, let us make it greener
dropped $.00007414 about 45 min ago, i'm not shooting for $.01 i'm holding til at least ...
i bought 20 bucks worth yesterday which is all this broke 16 year old has, i’d buy more if i cud
i just converted 1200 doge to shib.
alright you idiots, 20 bucks in. let's see this do something lmfao
did ya one better, i did eleven dollars. you’re welcome 🚀🚀🚀
brought . lol miss the days of .
just put another . 300k coins added to my 6m. let's go. last stop before the moon!
there is nothing better than averaging up.
my finger slipped and i did
just dropped 50 usd on it, to the moon!!
i've put over 600 in the last week every day 50 to 100...i'd say i'm doing my part
first-time crypto investor and just bought .
what’s the math behind this…
my coinbase is not working:
well i put in £1000 today, did my part. luckily i bought in at 6.4319 on 29th july but shib to me seems a no brainer, only crypto to have fingers in all 5 pies, capped supply and burn initiatives left, right and centre, einstein would be in i’m sure
i bought .08 btc and throw the . edit: done and done! edit: nobody gives a shit about my edit😢
i bought the dip. .0 i am tapped out until next week.
i just learned about shib from seeing this post on popular...in for . let it ride.
ok ill do it edit: done 😎
300, done. will convert more mining income tomorrow or saturday
idk if crypto is held to the same standards as stocks, but i’d be careful because this is textbook market manipulation
my iphone broke tonight and it glitched to 56 , i took this as a sign
coinbase telling me i have insufficient funds and won’t let me deposit money! there’s plenty in there! let me buy!!!
when i get paid will invest another £100
i just added 30🚀🚀🚀 let us all buy some more shib
fork! i fail it. i just bought 250:( sorry shibaarmy. p.s see you in moon
you all deserve to lose your money
lol still too expensive
just dumped a fat 300 in
i want musk levels of money
i might throw 1k
can i loan 10.02
put it 1000 for the mars landing site
payday baby another 100$
its not much but i got 20
today place . that helps? go shiba army
ho can i put there? someone can help me ?
we what the hell, just threw ! happy friday peeps
. i screen shot it, but cannot attach
added 100 more. decided to put some of my overtime pay today
i'm broke but i'm throwing down another !!!
spread this on twitter
put 200 in last night.
i am mining shib via: unminable. putting 27.
coinbase only let me buy . i tried.
i need to sell
done! let’s go 🚀
just bought 50 dollars worth.
i dumped ’s dip i’ll sit back now thanks though
i just dropped 1k. already at 410.000.000 coins, so why the hell not?
i put in 200
done! but, more than !!
another ! 70 mil and hodling strong! 🚀🚀
i just dumped my paycheck into the shibarmy trust fund.
just put in !
can only put money in next month 😔
not as much as some, but i put in another . my measly 2,251,308+ shib will at least cheer you all on to riches.
another zero gone in the next two hours just watch the app crash conveniently again.
that would equate to roughly .000075% of mc. meaning it will have literally no effect
just put 50 in sorry for being late
best i can do is 90
blasting off on the holly v8 to 0.1 … all of them going to witness the shibarmy!
fuck it i am adding more $. i have about 250 million but want to add more to further support.
well i put 20$
this will be my first time spending money because someone on the internet told me to. we got this !!!
i'm past double gains currently! hodling line a canine
your boy is in!
bought another million hope it helps!
just bought 1021732 shib for 75🙌 is the name of trust and faith which already flowing in our soul , is unstoppable 🚀🚀 truly feeling grateful from my heart to be a member of 🙌 salute to you my friend and all ✌️🙌 🚀🚀🙌✌️
great job! the price is actually increasing in a much more sustainable way, looks like a new uptrend has been confirmed!
i put in another 1500, whens the big green dildo?
hey guys so can someone explain how you all profit when everyone takes their money back out? won't only a few people be able to cash out their bags for big profits? and everyone else is left holding?
just got off the phone with my brother, he’s putting
just dropped 5,000 let’s goooo!!!
10 in. let’s gooooooo!!!!! 🚀🚀🚀🚀🚀🚀
i want 10 million coin. but can’t pay
it's friday and i'm feeling good. put in !
went fiddy... retail power ; )
put 20 in to appease to the shib gods
if . lets go!
i just dropped a hundred, now i have 90 million. my friend bought months before i did, he brought me in, both of us have huge gains...not selling.
sounds like a good way into the narrative of retail market manipulation
dumped 1.3k in at .7 to bring my coins over the 200m mark 😳
bought 9 mil more this morning. hope it helps! i'm one investment down at .000079. swing by for me and the athers!
please, 10 dollars? i have put in thousands over the last few days! but seriously, great idea, i am in.
fuck it. *tosses in a hundo*
1000. were mooning this weekend. 🥺😊
bought a extra three fiddy cause of the damn lockness monster
just bought for 1,5k $
what are we all hoping shiba will hit?
put in another !
yo i downloaded voyager and coinbase 2 days ago and i’m still unable to fully access the apps. can anyone recommend an alternative for me?
how do most of you guys buy shib, it’s hard for me to justify buying small amounts when transferring money to metamask costs 20 and the gas fees to purchase shib are another 50.
boom. just bought 100 worth. lets goo
threw in . along for the ride
did 4,000 last night. gonna be broke or rich af. either way my wife will probably leave me. 😅😅
just added another ! 🚀🚀🚀
i threw 30 this morning before i even saw this post haaaa
i’ll do you one better, i’ll burn . *done*
this post just made me buy
just put in another hundo. let’s do this!
i'll put more in case someone doesnt :) lets fcking go
done. still holding original 75mil!
don’t worry stranger, i put
done 💪 together we are strong 🔥
i put an extra
no. fuck you, and fuck your pump and dump scheme.
let's get this trending... comment on this post and shiba muy guys
just liquidated my doge to put the
in for 20 !
ok fuck it! i’m in!!!
a little broke at the moment, i did my part though🙏🏼
its not much, but i threw in an extra !!!
done .22 count …. let’s fuckin goooooo
just bought 100mil , 7400$
i have been buying the “dip” since monday in random amounts, so far eur 1050 or approx. .2k and doing a 30-60 days locked staking with my coins. trying to contribute as much as i can to this great community. just too tired of being the bald holder of stocks. i’m convinced this is the way. let’s go guys!!!
just chucked another . let’s go, folks.
did my part!!! come on everyone it’s just !!!
just bought 800k more
just done £30, will be buying loads more when it is payday.
i just grabbed 500k shib. i bought in ages ago, at 10% of the price, but i want to show support, and stabilise after the insane bullrun.
just put 10k more in to make up for the soldiers that miss this post ;)
put in :) that’s all i got paid this week (after bills)
just dropped , i wish i could drop more but budget is tight for a lone bread winner.
i just threw 20. broke as fuck make 11. let's fucking go. sitting on 6m total and still slowly buying. ain't selling till its life changing.
misread, saw rockets, bought 1.2k worth.
i can buy too!
right now, if all 2k lights gave at least 10 dollars, thats 20k dollars pumped into shiba keep it up
put in . let's go fam
isn't the market cap of shib currently at 40 something billion? even if everyone did it, 3 million is barely a scratch on that. truly 800iq play here.
am noob. have $. how do i get on board?
fuccccck off. hey look everyone it is meme magic. lolololol. how awesome. just simply fuck off.
after two friends independently told me i should get in to shiba i figured why not. so i'm four hundred bucks in. a cousin of mine got into doge and i thought he was retarded. well that rocket took off, so i'm not gonna miss the next opportunity
odd, i just bought
musical chairs - who will be stuck with the bags when the music stops?
i've seen this sub a few times on my popular feed. could someone eli5 why this stock is good, what is happening with it, and maybe link me to some dd? much appreciated.
i was literally just about to make a post for a big group buy this is the way , everyone invest the absolutely limit of what you can
just scooped another 3 mil. a bit high but whatever it’s just money i can lose and this shit is fun
i just purchased 100,000 shiba inu coins. let's go!
let’s do this next friday...i’m going to miss out. i get paid on the 5th 🙃
this is too much fun. just bought another 1m ()
just bought 500k shibs - let’s go!
3k let’s fuckin goooo
you have my sword!
500? is okay right?
bought in with 150$💎
done 50, lets go boys.
i bought my first crypto yesterday. . that's pretty much all i own. don't have more expendable money but it is a start. i'll add more in a couple weeks.
bought 15 quids worth today. first time into a meme coin. where do i sign for my lambo?
how do you even invest in something like this. (this is a serious question)
just put in !!
sign up for coinbase to get 10 free dollars in btc and then sell that to buy the shib... s'what i did
just placed 20€. riding this till the moon!
shin holders are cringiest demographic in crypto. telli g people to go shill your coin in other subs. robinhood is gonna dump on you guys like they did with doge
i got 20 in
my bag just got heavier!
it's funny how all the amc retards jumped ship right into the shibarmy.
just did my part, it’s not much, but it’s honest word
sold some eth, bought !!! to the moon!!!
put in . buy the dips, hodl the line!!!
just dropped ’m all in!
another £150 in 🐕
threw another 12k at it 💪 let us mount up!!
i’m in, brothers and sisters….for ! hopefully about the same multiple relative to the contribution requested as the 43x i know shib can do!!!!! l….f….g!!!!! 🦊🚀💎💪🏼🚀 [here’s the proof](
just bought another 1m coins
i'm in for 500 right now
i’ve done my part already ’m in the last 24h
yall are just professional scammers
anybody got a crypto referral code
just threw in . let’s go baby!
don’t tell me what to do
accidentally tripped and bought another 🚀🚀🚀🚀🚀🚀
i did another 50 today. i have been in. not as deep as some of you guys, but ive been in.
, gas . perfect.
i’ve done my part!
in for another ’s goooooo
where and how? iam from uruguay i want to participate
✅ done. brought me up to 11million
we're hitting a large resistance at .0000750 we need more buyers.
i bought the dip! so i was a bit ahead
. we just have to get to .01. that's when the magic happens.
put in (bought 8m shib last night lol)
you’ve just unlocked ✨market manipulation✨. those who invested in gme can tell you all about it. this is pretty blatant though lol
i just bought 12 usd. that's all my money.
just dropped . now it is time to pay the bills and see what's left.
€20,- today €50,- yesterday i won’t stop till we reach the moon.
dropped another hunny 🌝...the moon better get ready to make love to my cheddar 🌙🚀
yeah this is clear market manipulation. don’t say not financial advice when you’re literally telling people what to do. you’re giving an order, ban this moron.
genuine question... how is shib different from all the other pump and dumps?
i just bought . let’s take a ride to the moon!
you had me at shib, i’m in 🚀🚀
on board already but its payday so another £150gbp will help fuel the ship
lol pump and dump much, and there’s only 1 moass.
£150 done here today
threw my 10 in, wish i could do more.
bought for another 50! go shibarmy! 🚀
i am with you 150 deposit it is done !!!!!!!!!! lets go!!!!!!!!
already did 20, we can do it guys
? gotta pump those numbers up, i threw in .
sorry got excited blew my load this morning of 13k when it was at .00006995
i just dropped 6 but i’ll will totally add 20 during a dip!
lmao this is sad
just bought 10 more. got me over 100k shib! what a sale!
for fucks sake, this sub is becoming garbage
i put 1000...cheers guys
just bought another ’t
put in , another !
that’s great. i’d already bought the dip , and creat 7 more members to the shib army this week. if each one of us keep doing this shib community’s gonna bigger and bigger, stronger and stronger to make our 1centdream inevitably, and become reality soon
i put 300 in yesterday and 30 in this morning!
this would do basically nothing to the price of shib, lol. the whales have more money to spend than all of us combined could come up with. that being said, if you are just looking to dca i do not think this is the worst time to put in some more cash.
i just converted 300 doge to shib! someone top me😊
pump and dump shit lmao
i put in another 40 this morning.
i thought only politicians, government officials, and the knuckleheads on wall street were able to coordinate huge buys and get away with it? i'm thinking the likes of the army here are commoners of the likes of martha stewart, and maybe should not be complicit in organized buying. army clout only gets us so far. btw i'm buying b:).
£100 went in this morning 🚀
i would love to jump in and have the thisposable income to do it, but i have zero fucking idea how any of this crypto shit works, and the more i read up on it, the more confused i get. i do have a wallet for those "giveaways" that some people for some reason do, but i have zero idea how any of this shit works.
’t. time to hold
got my 10 in, first ever shibs
i put in 20 :)
just put in 5k. hope you're right op
ok i got 200 down on cute dog coin will that do?
i bought , ya happy now?
bought 70€ worth of shib. im in!
am i dumb? can’t figure out how to buy, cb wallet won’t let me
got 15, so i covered about half for someone else
sounds like a rug pull attempt
if people did not cash out. damn, where would we be? close to .001?
how do i buy shib? wealthsimple doesnt offer it.
another . hold you fukers hold we are making history
did , dropped another . we barkin at the moon boys!!
if we did this in the cant b named stock we would b arrested for collusion 😹😹😹🤔🤔🤔
i have some ada and it sucks, its like a stable coin. i'm going to feed it to shib.
just bought 2.6m more. () 🚀🌚
50 of my finest british pounds invested 💷
paid. jump in. we're going to the moon.
someone put 10 in for me !!
its pay day guys!! lets do this!!
lol. mask off pump and dump. this place is cancer.
i just put 200 in
i'm tempted... anyone can tell me why this would not dump ac soon as i buy it like everything else?
15 in, let us get it started my dudes
um, is not what you're suggesting timed manipulation?
effective. lets consider stocks, thats who came to shib to push and see if we could handle their attack. ' financial opinion. .
i am new to the party, just added . i will add another .
just put all my miscellaneous budget money in! guess i’m a whale!
30 in just 4 u
yes spread the word about baby doge & dogezilla tokens are on 🔥🔥🔥🚀🚀🚀🚀. shiba inu is going to take a chill pill b4 going up again
i'm tossing in 15 bucks right the fuck now. i'm with you!
this is collusion you can’t tell people when to buy but i was gonna buy anyway but be careful bro
i got a few bucks on it
fuck it. 300. we just got 50k users here. end of month paycheques are coming for people. it feels right.
converted . don’t let me down!
just put in 80. **l e e r o o o o o o o o o y y y** ***j e n k i i i i i i i i i i i i i n n s s s***
i got ripped socks and no change to use laundromat even. go on without me brothers. you can do this! holding on to my shib tokens tight.
bought 1k last night daddy
crypto is the new mlm get rich quick scheme. go off boss babes.
coinbase keeps giving me an error when i try. you guys broke it.
sorry, no 10… but 10€ ;)
is it to late to join in?
done. 47$(cad) to help cover someone else
funding my account now let’s go 🚀🚀🚀
10! choo choo 🚂
just for you, i bought another 380,000 shib. 117,380,000 hodling strong
dropped 150. i keep dropping more if the hype dont die
i will drop another 60 canadian pesos after lunch
this idea has been posted thousands of times lol
bruh my dad told me to invest in this today. sheesh, might as well...
in for 50$. will put more in when the paycheck lands.
just added another 600.
just got paid. i'll pitch in for 5 people!
just added . lets go!
i put in . let's get weird with it.
im broke, but fuck it, lets do it
don't buy this shit, most comments are bots + worthless token like tons of others.
bought another million for fun
i have 148m coins to help cover you lazy cucks
put in 1000 to help out. let's go!!!
just put in .
put my hundo in the pot
- absolutely mind boggling that \~. can't wait to see how high we'll climb by end of december!
just got another 50 in there
on board, little more just in case.
shit... i just converted my .53 eth to shib...
1.5 mil just bought. let's go boys and girl's!!
i'm in for another mil just gimme a little dip guys
pin this epitome of a post let it guide us
no thanks but i’ll sell after this fake pump
threw in . waiting for it to hit 0.30
pretty shitty to have to manipulate people to make the coin profitable. i hope there is something actually worth holding it...
i just bought .
978k for 75 bucks that is gonna have to do
i’m in! got 40 million doggos!
i threw in another 100. my 60 year old boss is asking me to help him install coinbase on his phone next week so he can throw in 5k.
am i late to the party?? just bought !!!
let’s flip dot today
crypto.com app would not let me buy more wtf
yesterday 900€ ok too?
put like 10 euros. all i can afford to lose right now.
make it 500 :)
put my share in! 🚀
just put in 50$
i put ... not like i'll get to use it as a down payment on a car anyway... it was just sitting in the bank being eaten away by inflation...
out of curiosity what is the endgame here? do you guys have a plan to make sure everyone gains more than they put in or is this just throwing all your money in the pot and hoping to offload your bags before the whales pull the rug?
lol pump n dump
how to do this?
threw 30 dollars. let’s go boyssss and galssss
how's ? am... am i helping?
had 30 to invest. lets go!
i'll put in 10 buckaroo's right now.
this is the definition of a pyramid scheme
got , just got another
fuck. people will buy dog biscuits if you say it is going to 'moon'.
take a chance, roll the dice. picked up 1mil shib for ~. 🎲
just sold 10 dollars worth of xpr for shib both are v comfy holds rn
nahh ill do it for 20 people i need my virtual doggo tokens
done. this check is going mostly to rent, but . next check is my "fuck around" check for the month, so i'm probably going to drop about
i put in 50
just converted all my miscellaneous crypto to shib which ended up being like . to the moon boys and girls
i put in 300 this morning. covers 30 people lol.
already dropped a couple hundred earlier today but i couldn’t come across this post and not buy another .
the das will come that shiba will gift us a house for our self♥️
i got fiddy on it.
just dropped 100. don't have much money to spend atm but im pumped to be on the train with yall. to the moon
add another , shib been good to me
definitely not a pump and dump. definitely not cultish behaviour
just bought £500. i sold right when it came main stream and regretted it. still time to fix it
i out in 300 on my.lunch break earlier today
i use my crypto.com card to buy shiba on coinbase and coinbase card buy on crypto.com... get cash back percentage.😎
just bought 20 mil worth!
hey guys. i’m thinking about creating a transparent shiba lottery. only 25 people can play at a time so chances of winning are high. buy in will be 50m and the prize will be 1b shiba. who would be interested?
wow no one has had this idea or posted about it before, so iq-y your parents must be proud.
put 50 in last night
put in 50. shibarmy
214, not much, but there is something...
200 from me right now. lets go to mars...
, do not think so
you people are so lonely and sad. moon this, ath that, i mean seriously. grow the fuck up and go outside for once.
love new people who don’t understand crypto. lol. you guys will not effect the market. i promise. correlation is not causation.
what is a “pump and dump”, mommy?
do you mind explaining what a coinbase visa is? would love to hear more about this.
oh your money will fucking work alright
i need to get that one, mostly stay away from credit cards
you just set the bar!
same! well, i put in £100, whatever that is in dollars.
i converted my xlm to shib. if that matters
i like how you set the bar, . done!
hundred dollars in too!
payday allowed me to dump some in as well. i have spotted 100 users for the day with my purchase
i match your 100. cheers
i put , i'm out.
just threw 100 in due to this post
only if you can afford to lose it brother. if you can this is the way
put in 9k, be safe bro
you have my respect sarge
thank you sir 👨‍🚀
i see your & raise you
we all salute your valiant efforts
could only do 5 thank you brother
you're a hero holding down the fort until payday. i salute you
ima have to do the same
just watch out i hear they gain size as fast as the coin gains value.
1 irl shiba is worth 50 million shib.
real hero you are. i salute you
thank you kind sir
this does put a smile on my face
glad to see you are on board
that is more than enough to make a difference
you have inspired me, i just put 500 into shib. that brings my shib wallet up to 209m
your contribution will not go unnoticed
let me know which bank you're robbing next, i'll be the driver?
waiting for my webull withdraw to go through, 1400 won’t be available till 11. bastards make it easy to deposit money in but somehow withdrawing it takes days
just bought 50 mil ,what’s your target ?!😁
oh yes it will if i have anything to say about it
you make me proud
your moral support and spreading the word is just as valuable
i have faith in them
any which way works best for you works best for the cause. as long as coins are being bought and kept with us
i agree. shall i remove that last part? i didn’t wish to offend. just a bit of fun
exactly, how are posts like these not banned?
we love having you here 🚀🚀
buy what the whales sell. bring their coins over to our hands
maybe it will dip soon so ill wait (after the same mistake i never learn)
make a coinbase account. it takes like 5min
we do not need to buy and hold if they bring numbers we could not get. hold. hell yea. stack coins. sure. they are also working it where we have had dedicated people on it doing great already. they stepped out, this is a new market and they have sellers. we are supporting this and coinbase and binance bought up 200t coins this week. we are whales. we wont all be at .25 c. 1cent ppl. they already have more coins than us but will never have our ratio... cheers
whoa, calm down barney fife. this is crypto, not the stock market. crypto is the wild west and still unregulated. let the kids play.
idgaf about energy, i'm strictly in it for the money.
currently at 72xm shiba
where you pay gas fees like that 😂😂
you do not want to part with gold for turds?
don’t know why the downvotes. this was my first thought too lmao.
you post about warhammer man, imma pray for you
it's a visa debit card through the standard coinbase app that gives you a % back in crypto rewards for every single purchase you make. there are i think 5-6 crypto to choose from. xlm, btc, eth, doge, and a couple others. i pay every bill. just keep in mind the standard hold time applies to an xfer from your bank but you can use the card straight away. idk if there is still a wait list but i got on it asap and have paid all my bill with it since. no credit check either which is nice for younger folks since it is a debit prepay. i'll dm you the list of rewards in screenshot if that is ok.
i know it will. kicker-my rewards are set to doge in hopes those cunts come see this for trying to manipulate our shibs.
it's a debit card just like any atm bank card you would use and the best part is it is designed to work for people that are young and have not established credit through financial institutions or anyone in general that does not care to keep making the big institutions rich.
and i’ll do it again! it’s payday, boi!
anything is close enough, good on you, my man!
you are an over achiever sir. thanks for your generosity.
every dollar matters 🚀🚀
so many people come on here and say this is not possible. .01 is not possible. some come and say have faith. anything is possible. it's hard to know what or who to believe. so i believe myself. i have so far put 500'll put more over time. i want my house. and i'm hodling until i get it or end up in a card board box. this is the way... amen
the king of the north!!!
i have faith in shib 🙏 and the community
i just checked back in, much better lol. and we aren’t here for the moon, we’re here for jupiter, then pluto!!!
"hey guys likes all coerce together and buy to inflate the price!" "then what?" "then you guys keeo holding and i dump my portfolio"
hes on the doge side
my mans went to a real gas station
okay and? your username is fart-god-69 and you play tf-2 lmao.
ohh, so it is literally for everything you pay for, whether it is rent or going salsa dancing? what do you mean by standard hold time? would love the screenshots! =)
this post can create a green candle
"i'll fucking do it again" 🤣
just as much as any other shiba hodler! see you all on the moon!❤️🚀
that made me wet
the price is soaring now. we just made a difference
we can set it high as we want as long as we have teamwork. we control the price!
2010 bitcoin was .08. where is it now? patience is a virtue.
my guy we can be neighbors, in the house or under a box. i'm here with ya.
the whole payday check into one post. i salute you.
if you do not wanna do it, do not do it. if you do, do it. i got in early enough that i have a 300% profit and have limits in place to make sure i do not get stuck holding a bag. i do not have to rope anyone in. but if we can all make some money up until a rug pull happens - if it happens - then let us fucking get it.
those hands look like paper to me
standard hold time meaning however long it takes your bank to approve the funds being sent to coinbase. i've not researched direct deposit because i quit my job due to my shib mooning so i'm living off the usdc interest lol and as far as rent sure as long as the place accepts debit. everything!
how do you get around the coinbase fee on deposit? i wanted to do this but the fee eats up any gains i’d get from the btc reward.
crazy times, 40. month or so ago 1.5 mil shib was like 15$.
hi fellow shibarmy, if you plan to hodl in an exchanges, kindly set the que sell of all your shib at 1.00, instead of just let it idlying there. this would thistord the supply & demand algorithm of that exchange and hopefully will push shib price higher. subject that many of us doing and pushing it. since hodler are not selling anyway, lets thistord the algorithm a bit 😉.
the value in these kinds of posts is not in the content if the post. no one really cares if it is 40 bucks or 40000. what we do care about is the engagement, and reminder to keep pushing forward regardless of the coins value. if you want to do something much more radical, burn a tonne of your shib on our behalf. that will get upvotes the millions or shall insay in the 0.00007 's... and yes i am a shib holder of several million coins.
karma farming on this sub has gotten so obnoxious. almost as bad as being in the shib thiscord where 4 times a day someone dms you with some scam links
holy fuck okay that was like 30 seconds
holding 3 million shiba inu coins!
nobody liked this from what i can see though.
go pick up some myself
oh really. thank you for this. i'm on trust wallet,. i originally bought my shib in binance by purchasing eth first and was charged like .
40 dollars now could be 4 millions in years
**(1741) \* = ,976** show proof lol
so are you doing ... or??
doesn't take much to convince you to set money on fire.
i just threw another
just buy the fckn shib if you’re gonna buy it. if not, fck off
please donate shib to me
if 5 people “like” this, i’ll admit that i’m a karma whore🤞🏼
serious question as a shib. wouldn't the fees be too high for ? or is there a way around this?
mans out here taking big risks .
i will buy 1000 shib for every downvote this gets. will show proof. downvote this dude to oblivion to stop this nonsense
more!!! *if you can* 🚀🤣
i put in 50.00
i do not even need likes to keep throwing money in. i just put another 100 cause we are going to 6 soon. we do not need elon cause we are the best dog.
over 1k people liked this so put in 8k please. thanks
why do we need to like this for you to make a smart desicion?
too much children said that, it is so borring. proof or ban please ...
i dropped . maybe in 50 years i'll be rich
i just bought ! 🔥
i do not care as long they show proof i'm cool with that
or don’t and i don’t care i’ll buy
buy now at ath. who’s in?
the highest quality !
almost 2k… do you have ??
i bought another 2m today
???? tf? i threw
you said every 5 likes right ?
.00 for every 5 likes...that'll be ,600.00!!! do it.
wait is it one ?
will it go on robin hood do we think
shib to the moon and make us poor ppl millions
he would be at ,200 if he was to add
so you gonna py now 40
got another 2 milli shibs
small dip and just bought another 3 mil
i'm going to hodl...but not forever!!
if 5 people like this i’ll throw another hundo if 10 i’ll do !!!
and it will cost 😂😂😂
no. you have to buy 30k dollars worth of shib now you've got 3.8k upvotes or reddit likes.
buy buy buy… hold hold hold... clap clap clap… all in your butt butt butt…. 😘
how does this post have 4k upvotes?
omg. another 40. stop traffic
it started, shib will flip doge anytime now and enter the top 10 cryptos. with shib new blockchain around the corner, experts are saying shib will soon reach , before doge. read more here:
i got 10 million for £10 in january
i guess god does exist, elon is a saint. he is helping people with crypto i saved this before it got deleted
new kitty in town !! [
bought like 40mil shib today but every bit counts
6 months ago, . there is a youtube video of a guy selling shiba on hotbit. he sold 50 billion for . that guy is probably kicking himself now.
i got 1.2m for about 50
6.75 dollars in may!!!!
i bought 42,420,420 shib as a meme because it was , pretty happy with how it’s gone
€14 1.9 mil 2 months ago . this is the way.
that was sounded so polite when i read it. bro, let us hear more.
that's really not how exchanges work, lmao. but i like the idea.
mine is already set to .05, i'm optimistic!
is there a way to do this on coinbase?
idk what's up with webull, but i cannot setup a "until cancelled" sell order for shiba, only option is end of day. i wonder if this is for all crypto or if there is a bug, but it is the same on the desktop and phone app...
this is good if selling options was a thing
can you help me ??
that’s not how it works
on point and accurate. i think it is a hft ai algorithm though, not someone actively trading on an exchange and "hitting the keys" themselves to buy, etc on trades. given the increase in attention in shib these days, it seems more probable that quite a few wallets are using hft ai's for arbitrage plays between exchanges as well as the general volatility of shib in general. just my opinion though. still holding long term! side note: shared a post about this issue when there was a major idle sell-stop order at .00002929 using an hft ai that kept refilling until it was truly overwhelmed...however the demand necessary to "beat" it was too much and led to a supply vs demand thistortion that created a price drop -- until this weekend that is :)
why hello there again 😂
wait, for real this works?
that's not how this works
no dad you shut up!!
shut up and buy more!!!!
stop bitching and buy shib
proof or ban (sorry m8 i just thislike credit farmers)
you're playing with fire asking us to like something for more money to get put in lmfao.
well now you gotta put in “like”
yeah that is actually normal. theres a website where you can check when fees are lower
doesn’t take much to convince your milf of a mother to ride me either ❤️
just for the hype homie chill out
it was like .99 cents
transfer fees are + because its on eth network. but if you buy on an exchange you are not transferring, so that fee doesnt happen
no fee on webull
i have over 😂 i have a job and exactly put everything into because i have bills- you’ll learn that once you move out of mommy and daddy’s house
got it, i downvoted you (“this dude”) once. pony up.
i’ll inevitably find a reason later 😂
hodl till the end of time 🚀
you can buy it on coinbase…. you do know that…right?
right ? he or she’s gotta show proof or ban.
get the fuck out of here, you scamming prick!
if he never did, the price would never be what it is now. just like the guy who bought a pizza for 10,000btc. things like that have to happen in order for the price to move.
we thank him for his sacrifice.
where the fook did you learn to count 🤔 this is complete bullshit, 50 billion shib cost no less then ,000 in the last 6 months. its simple math - (done on shibs lowest price in 6m) 0.00000684x50000000000=342,000 47, anytime in the past 6 months. just saying.
lol for ? wtf
same. i love how there are tons of articles saying we should sell. idgaf. i'm holding this coin to the grave.
i got it bit earlier, 1.2m for 15$
highly unlikely but if that happens i will get shiba tattoo, even if it hits 0.20!
i bought 4,420,420 🤣 i've bought more since then, but that was my buy-in.
i love that way of thinking!
on coinbase pro yes but not on their regular app
whats a sell button.
yes, how can i help you?
sorry to spam your post, just want to spread the idea far and wide 😆
stop pumping and give everyone in the sub .
okay now go look at my most recent post and do the same thing. we’ll start a wave 😂
i put the 😂
i see, i know i can probably google this but perhaps this convo could also help others. but what would the process be, on the exchange. purchase eth > use eth to swap for shib? i recall purchasing eth, perhaps i was looking at it incorrectly at that time as well.
i stumbled into this thread from all, and let me tell you, i’ve never seen a person try harder to make themselves look good after overreacting to a comment. amazing self destruction bud
you can’t afford my house payment, or car payment.
how do you make money if you do that?
let him find out later
actually you are wrong. 6 months ago it was at .00000000003. it may have been 7 months now. go check out the video for yourself. instead of being a dick. just saying.
you tube buying shiba on hotbit. the video is 6 months old give or take a couple weeks.
i was gonna say.
before you talk shit. watch the fucking video. then if i am wrong talk shit.
>*i'm holding this coin to the grave.* ya cannot take it with you
thanks that helps a lot!
lol i was going to put a sell order up for , aint selling no time soon!
nobody knows lol 😂
the door-to-door redditor 😂🤙🏼
i could do this all day
no, look up erc20 tokens. because eth is decentralized, the blockchain has other coins living on it. shib is one such coin. in order to move a coin from one wallet to another you need to pay the eth network in "gas" which is paid in eth. your wallet needs to have eth and shib. you send the shib to the store and send the eth to the miners for their work. if you're sending from an exchange then its not your wallet and they will just pass along the cost as a withdrawal fee, but what i described is for people who hold their own coins.
just buy shib directly
i don’t care 😂 if you have a house payments and car payment then why do you care what i do with my money? you sound like a fucking plank trying to lie 💀
dont be so sensitive, i had to say something... your figure was 47$... i did quick mafs and came up with 342k how could i let that slide haha 😅
i can and i will!
what part of *apes strong together* are we not understanding?
long story short, stop wasting space with fucking threads especially id you’re gonna waste it by talking about throwing . i almost make that an hour.
if that is not the name of a , it should be.
just want people to keep there spirits up and hold the line. i bought . gonna keep buying until i do not need to worry about it anymore
there is always someone.
have fun with that ;)
damn what do you do for work. i need shib so i can go back to school. that’s why i got into crypto. i’ll guess that you’re in a god trade?
no. one. cares. i promise 😂
and im not sure how telling people others bought bla bla for 1000x less then you can buy it for... is going to get there "spirits up"...its borderline fud and probably doing more harm than good >_>'
honestly i have two or three years in school, and didn’t even use what i studied in. i work for a fortune 500 company in a lower level position. older you get the more you realize the hourly rate is meaningless until 100...
let’s just say the field i’m in never stops…we are having a huge crisis with a lack is raw materials yet are having one of our biggest years ever sales wise.
shut the fuck up, buckle the fuck up and buy your shib and hold your shib like you hold your managers balls. stop announcing, and carry on.
fud, haha. right, definetly borderline fud. nice response. good looking out.
you drive a truck for a living. please just stop embarrassing yourself 😂
half of your money goes into fuel anyway so how’s that ?? 💀 stupid fuck 🤣
all electric transportation, try again.
have several seats sir.
i'm from the future and my .26 shib... can i still be included?
i like your attitude.
only 300k shib here, is absolutely all i can get right now considering i am brazilian and our money is not worth shit
there's something to be said about seeing big accounts buy in and show their support, like an added boost of confidence when a juggernaut joins in the fight by our side. but i agree, the point of . and there is a fine line between a high-dollar buy-in showing support and just obnoxious bragging.
12 million. bought at the start for 50$. now 1000$. wooo. less poor but still poor. but feels good man. doing the great 7 year hodl. i want 500-1million$. it’s entirely possible. shib is my “look at my crypto wallet i got millions of doggers” flex. never selling. unless i can buy a house. then. maybe. but it’s still too cute to sell for the lolz. going to have to rip them off my cold dead corpse.
i got 572k shib is that good?
2 million shib!! let’s go.
5.5 million and so far only losses! let's go! 🚀
8.68 million holder here, also in a financial situation and invested a few hundred dollars of my money pretty early in. hold your position, buy the dip if you can. there is so much good coming in the future for shiba
15mil shib. bought in april as a “fuckit” for like burned a million. forgot about it. about crapped myself when we started eating zeroes
probably the same dipshits that post about their perfect lives on tiktok and instagram every 30 seconds. about 99.9% of the posts on this sub are useless, just like mine. less bragging more hodling!
30 mil and hodling. i want to dump some more soon
totally agreed man! my gf holds only about 4 million, and i keep telling her that is awesome. totally agreed about your catalysts. about to update my petition and going to mention kronos, kraken listing, massive media exposure including a recent interview with investorplace, also likely amc will soon accept shib as well as kronos.
they don’t have to stop? i hold about £70 worth of shib because that’s what i can afford rn but if someone has millions of shib and wants to share that fact then good on them ! i’m happy for them and hope shib fucking sky rockets for them and their family
i only put what i can afford today …
should i hit it 36m times then? might round up to 100m and call it a good boy edit: cuz arithmetic
170 mil let’s fuckin goooo!!!! 🚀🚀🌕
was looking for this post. we’re supposed to be lifting each other up, fam. we are all in this together regardless if you have 10 coins or 10 billion.
i just read the comment and its freaking hilarious🤣🤣🤣🤣
you know. you can buy and hold. just like me. 263m and climbing. going to hold forever. i can just use my coinbase debit card when the price gets high enough to justify it. the government is ruining the usd currency. the shib army can chart its own course! 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
i have 2mil but that’s literally all i can afford to risk right now, but i like seeing the big holder posts. it makes me feel better about my investment lol
11million shib and cannot wait to be a millionaire. hold the line
no solider left behind, we’re a shibfamily.
yeehooo, karma carving. all with one shib or more hit this guy in his nuts
stop with the "hit the up" and "up if" posts for god sakes
what a negative post. this community has done an exceptional job when it comes to making all feel included. the posts you seem to have an issue with should make everybody excited for what’s to come. yes, invest what you can afford to lose; those with 100k…awesome!! those with 100 mil…awesome! 🚀
downvoted because these posts asking for karma are a bad look.
the million holders are the ones who got us here, did not sell, and kept us at a high point or were here from the start. you seem like the kinda person who thinks kids should get trophies for losing. i do not care how much you are holding below the millions but once you get there you've contributed more.
karma farming. bad this idiot
i'm happy it is gonna be a good month for shib but i am hoping it does not shoot up too quickly. i would not be able to buy some until some point this week, friday being the latest so i am hoping it stays low till after i buy.
this a crypto currency not a help group
no one needs to stop posting “x million gang” because those are the folks pushing up the price and helping us drop zeros. while i love all the new investors jumping in and the enthusiasm they have for the coin a ’t move the needle the same way larger investments do. i love seeing large holders posting their positions because it helps the new investors have confidence when they decide to invest their hard earned money. all you new investors can dollar cost average your position over the long haul and build to 100 million if you want. this is a crypto group and i’d rather see stories of what got people investing into shiba or what their portfolio diversification looks like vs these karma farming posts.
i am holding more but i am near the selling level, so do not know if i will have any shib anytime soon
so now you want to hand out participation trophies. 100 mil shib club for life
a campaign i can finally get behind!
another spam post that need to be downvoted to understand the lesson
i hodl too much 🤑
what does upvoting crap like this do for the community? someone, please explain?
i didn’t know you could buy 1 shib
what could 1 token be worth in a yes or two? sorry but bought 15 million 😊
you should know better than to post this. nobody in the world hates poors more than cryptobros.
bought 5.7million just now. let's gooooo!!
just seen this shibu inu event live now, heres the link. >>>>>
are you joe biden
shibu inu is active guys, follow the link. >>>
shiba to , within 12 months, tick-tack, tick-tack. make sure to fill your bag before shib blockchain drop. checkout review on shib that shows a [path to ](
10mill here, been holding since may
1.4mil myself, gf is holding 11mil small but we in this bitch
13.5 mill letssss goooo
shib and surge inu are going to make my year
most of the “x million gang posters” downvote you when you ask for a screenshot 🤣
completely agree. idk how people can buy shib every day! payday only happens so often.
i’m from the future future. money can still buy shib? lucky...
yeah but they are not worth the same
are you hodling on coinbase? if so, they have some activities you can do for free crypto which you can then convert to shib. i got about 200,000 for free this way. 🚀🌕
still part of the shib army! happy cake day!
some don’t 😁 can’t please everyone hey! let’s get rich together!
i despise the attitude no offence to the bloke his intentions are kind but its just kinda dumb
ha, me too. lol
well, i can hodl and brag. look at me, multitasking. i'm such a stud.
i’m thinking sooner than later ?
i would not subscribe to your youtube channel then jason !
even world class financial masters (schiller, yale) will say the markets are affected by psychological and emotional challenges so why not support?
selling level as in your price target?
it is so bad and laughable
yeah but it takes truckloads of fiat to pay for one. good thing about the future... no toilet paper shortage. everyone should know the feeling of using hundiez on your asshole.
shib has de listed itself from all exchanges as fiat has become to devalued.
what?! next you're telling me one pound of feathers is as heavy as one pound of steel. how would those birds even fly!
lmao get fucced m8
that's thirty dollars more than zero. piss off.
still a holder, that’s the value
very soon. after i take a massive shit when i get off work.
yeah, it is a shit message. it takes away peoples drive to get 100 mil
well you’re complaining about people posting about their millions of shib. above you said “it needs to stop.” be happy for everybody.
no! now i won’t get into heaven.
yes, my target profit is already placed i have made already x100 so the price need a good correction in my opinion
sorry, i'm hacked edit: thank you u, i changed my password.
ahh i forgot you guys still needed to clean your butt like apes. we solved that problem after he who shall not be named shib whale accidentally fingered himself when his finger broke through the toilet paper. he said he hates 🧻 hands so with his diamond hands he sponsored a team to engineer humanity into not needing to poop. he gave them only a small loan of a trillion dollars.
so you're telling me ? or in this case what? 0.00006 is worth about
oooo very constructive and extremely well spoken
that does not do much to the price. it means they are not confident in the coin. i understand if they are like a week into it
i never said i wasn’t happy for the big holders? i’m one of them myself, you’re putting words in my mouth 🤣
i’ll be sure to save you a spot my friend :)
fair enough man best of luck :)
and that is why you've been spamming it everywhere yeah? try changing your password...
i knew we would get on the same page! always invest in three's.
you have your birth year in your username?
sorry i can’t throw my rent money on a coin.
it does a lot more for the coin than some fuddy buddy jerkin off in the corner between reddit posts.
just like your input but we let you stay
no words in your mouth at all. your post hasn’t changed and it’s right above these comments lol that’s good you have a lot yourself….but please!!! please don’t post about it because it will make others feel bad and all things that make people feel bad need to stop right away. *bows to crowd for dramatic playwright.”
we are not i' saying we should not support anyone under one million and do not recognize below 100 million. are you not saying that we are all in this together?
that’s a day dipshit, and what’s wrong with that? u have random numbers.
i don’t give a shit just don’t expect post being like all my
it does literally nothing. anyone who agrees with this message probably believes that all kids should get trophies just for playing a sport. i don’t give a shit how much you put in, but you shouldn’t expect recognition for a minor feat
do you understand how dumb this view point is? do you also believe everyone who goes to olympics should get gold?
ohhhh that’s right. no one can have a contradicting opinion because that makes it less valid? fucken left winged cowards
jesus christ you have interpreted this post so wrong - you’re worst than a debby downer
don't project your own feelings onto others!
you’re previous post says you’re 17. which means you were born in 04 or around them. why lie to the internet? my numbers arose from my conscious one day when i was dazing off. dont know what they mean but they were brought to me
lol bro you good? go spew hate somewhere else or since you’re so rich why don’t i give you my shib address so you can bless it?
i do not think you understand the conversation anymore.
>fucken left winged cowards oh, you're one of those. . spending ,000 out of ,000 thisposable income. that ,000 one. i'm not saying this is exactly the situation, but it is certainly possible.
ahhh yes, there it is
? i read the first paragraph again. i didn’t misinterpret lol you should edit if you meant it in a diff way. either way…best of luck to all this month. kracken to list shib 3pm pacific 🚀
not as worst as joe mom *** ^i ^am ^a ^bot. ^downvote ^to ^remove. ^[pm]( ^me ^if ^there is ^anything ^for ^me ^to ^know!
feelings? wtf? it is an opinion we are not in primary school anymore and is not that the point of this post? a bit of a double standard. and stop with the apostrophes they are really annoying.
to further explain i was waiting to pick up a homie outside his crib late night. dozin off in the whip i saw 464 in weird matrix style numbering. green and digital. then homeboy got in the car. ive used 464 in most usernames since
i’m born in 2003 in december 04 is the day 😂😂 still makes more sense then random shit. also that’s really creepy, are you a pedophile or some shit were you hoping i was 16? fucken nonce
go a head send it, hate? different options is hate? isn’t this post hate? aren’t you hating? you just hate it, doesn’t mean it is
what? that we should be praising everyone no matter the feat? i made a valid point with examples and your response was “ you don’t understand stand 😢😢😢” coward
very well if that’s all they can afford so what but they don’t deserve praise. 100 million is a feat, a milestone. they haven’t earned to be recognised for a low feat
who tf are u? there it is? it’s like someone got punched in the face and reacted 3 hours later
now im going to address the “dumb” comment you made. my roomates are 60k in medical debt. i sent them each 500k shib at the .00007 which was worth around . together after the bull run they had like . please further explain how hodling any amount is dumb.
you just answered your own question imbecile
dude, you’re being a dick everywhere i’ve seen you comment on this post. have some self awareness.
100 million is not a feat either (especially if you bought in early) if we're doing the comparison game. come back when you're a whale, that is a feat if you want to call it that. you thinking that simply spending a lot of money means you've hit a milestone is pathetic. you've really not accomplished much.
have a good life and come back to this thread when you age a bit pls
you are a nonce??? wo congratulations no wonder you’re on reddit
it’s called consent. you seem like the person who would say age is just a number
just because i think this is dumb? an unpopular opinion isn’t wrong. and i’m not allowed to voice it?
leave me alone ffs
and what buy a little bit is a milestone? a whale is someone who is not a part of the community but rather a businessman ( most likely) 100 million is an average person which is a couple thousand dollars meaning they are helping or are long term holders, low means they are new they are bandwagons who refuse to commit or came in after because they saw profit
i mean... you're also on reddit. does that make you a nonce? lol
i didn’t say anything about your opinion. just that you’re being a dick. you can have a differing opinion and still be respectful. like i said, have some self awareness.
lol did i do something?
>and what buy a little bit is a milestone? never said that, i do think you should not shit on people who do not have a lot, and everyone should be recognized for their contribution. simply buying something is far from an accomplishment. >a whale is someone who is not a part of the community but rather a businessman but according to you, if we have to quantity what makes a "milestone" it is based on how many coins you have. so 100 mil is nothing. >low means they are new they are bandwagons who refuse to commit or came in after because they saw profit as typical for you crazy right wingers you ignore any outside context. as i said before, someone may have a low amount of coins because it is all they can afford to invest (ex. a student). someone may have come in late because they are not in the crypto sphere and just learned about shib. or their platform does not support shib yet. or they are waiting to see if it has some stability - which believe it or not is actually what a smart person would do. >who refuse to commit or came in after because they saw profit dude, you're not a saint for holding shib. at the end of the day it is a volatile investment like all cryptos. and you're a liar if you're not in it to make money. whether via converting to fiat or hoping shib increases so much you can use it as real currency.
yeah but i’m not scoping for kids like you because i don’t care. pedo
tf are you on about? who tf are you and why are you involved in this conversation? you’re talking about shit that came up ages ago, just fuck off
how am i being a dick? i’ve been insulted more then i have insulted, most of them don’t engage in conversation or make points just insult me and say i’m wrong or down vote me. and you seem more of a dick as that’s the first thing you said.
oh oh you said a bad word so your comment was removed 😂😂 you really are more of a prick then me 😂😂
the bruh you were either about to do something or you’re just annoying adding nothing
i can’t be bothered to reply to everything. theres just as many post saying i’m new and people recogniseing them the 100 mil shit is to recognise people similar to you, the milestones are for regular people, this is a game of money why congratulate someone who can’t do it properly? of course i’m here for money but newer people came as it got popular not when shiba didn’t have as much
you're a nonce but it is okay because you do not care. wtf
>i can’t be bothered to reply to everything. "i cannot think of a reply because my arguments were dumb"
i am a child tho?
ohhhh that’s a sign off intelligence right there, nah it’s just long and very boring to argue for that long
i mean i asked if you were a nonce and you said yeah. i do not know how else i'm supposed to take that other than you admitting you're a nonce.
wtf are you on about? i said that i don’t care who you are i’m not saying i don’t care who i’m fucking. jesus you are dense
niceeee insult, haven’t heard that before. just so we are clear you believe everyone should be congratulated no matter the amount
you called that other guy a nonce and said no wonder he is on reddit. i asked if you're a nonce since you're on reddit too and you said yeah? lol
just in case you did not see that i'll repost without the forbidden word you just cannot stop yourself, why so triggered? ❄️ and nope, if you actually engage in some reading comprehension i do not think buying anything is an accomplishment. you do not get a congrats for doing next to nothing. i do think everyone who owns shib should feel included in the community instead of the circle jerking that is happening on "(forbidden word) if you hold more than xx". and that how much shib you have does not indicate how much you are committed to it.
dumbass use some common sense it’s i said yeah as in yes i’m on reddit. it says yeah but i’m not scoping out kids. as in yes i’m on reddit but i’m not looking for kids. is english not your first language you daft c**t
🥱🥱 coward, this is a shiba reddit? why would there not be people talk about there shiba? and why are you on this post?
calm down nonce that is a hell of a lot of back tracking from you. you're also allowed to swear on the internet, cunt.
coward? it was removed ya dingus >this is a shiba reddit? why would there not be people talk about there shiba? and why are you on this post? this post is talking about shiba is it not? either way you have not addressed the point at all. typical wing nut. i bet you think you're so edgy with that username.
niceee reply, really shows that i was wrong. also stop repeating insult dipshit
no i’m just calling you a coward in general you seem like an introverted nerd uhhhh because you missed it because you seem like a complete dumbass who’s getting really upset, why wouldn’t people talk about how much they have in shiba on a shiba reddit? who has ever thought of them self as edgy? nahhhh i created it when i was like twelve i liked wolves, you don’t like wolves?
you swore im telling on you
just bought 10k and i did not need any fake internet points from strangers. stop being a pussy and do it.
down voted for a fake pussy flex.
i downvoted because you sound like a bitch.
i do not want any upvotes... and i just bought . . what is the record for "down votes"? . lets see by helping this "bigbig" guy collect them...😆 .
you sound like a neckbeard you paper handed bitch
why not just buy it anyway? why do upvotes matter?
everybody downvote this pussy op
shut up, stop being a karma whore and just buy.
way to be a karma whore. just do it.
people who type this shit sound like a bunch of children crying for attention. ' nobody gives a shit and posts like this makes us all look like tik tok dumb fucks
3k is a lot to ask for lmao you get a downvote
just buy them before shibs takes off again 🤦🏽‍♂️🤦🏽‍♂️🤦🏽‍♂️🤦🏽‍♂️
karma whores even on crypto side :)))
how about you don’t waste any time and just effin make the purchase? there’s no counter for real karma!
here's a deal...send me a screenshot of the purchase, then i'll give you an up vote...
take my downvote and fu*k off ya midget!
how many times do i have to see this shit today still?
op is on his way to 3k downdoots!!
how about downvotes cause that is what i gave you
if you do not buy cos you did not get your ego licking up votes we'll drink cocktails for you on the moon 💥🚀🌛🍹🍹🍹
guess you am not buying
the more you wait the more the price will go up
if get all the upvotes i will buy all the shib.
it's lost 40% in a matter of hours...
how bout if you only get 2,999 upvotes you gotta buy me some
that'd be a lot of shib.
be careful. might be time to wait for a dip.
remove the k and make 1000 posts where you buy 15$, i'm pretty sure you'll get more.
don’t be shy, send me 100’ll invest with you.
only had one bad day
send me some stablecoins and ill buy some too haha ' congrats on the payment bonus mate
don't be a dog cunt just buy it or fuck off with your farming bullshit.
some of you need to read shibarmy rule , and then, read it again.
"look at me i need attention guys"... this worthless fuck is not going to buy shit. i'd happily reverse my opinion if he posts a screen shot. lying sack of attention needing shit.
shit coin? have you checked out the website? super easy to use. this coin is far better than doge. doge was straight up a joke that got hype and nothing more
wait until .25 instead of .(0etc)4 invest now. go for it. but be expected to hold for a while and your shit to be cut in half at first.
agree with top comment
stfu attention whore, 100% that you don’t even have .
i bought another !
well jumped on the bandwagon with .
just buy and hold for us we cannot be paperhands, got more faith in this than dogecoin
the minute i bought more, it just fuckin dropped. fml
how much will half a quadrillion shib cost??? just a curious question…. any math experts care to chime in on this one?
where is the proof?...
read what i wrote again soup sandwich and you'll understand maybe possibly, nevermind you would not.
my what??? you pathetic fool, go get triggered just make sure its loaded when its in your mouth. im done here soup sandwich
mind your own business too, correcting peoples texting is a very beta thing to do when your walking around looking like a soup sandwich...
i am from texas!! haha glad we still have a reputation
stop being a pussy and do it, nobody cares, we have over 700k investors
woah were halfway there
yall stop hating give the man what he wants, he’ll help the cause
buy it you loser why you need upvotes to buy you pansy
get to buying mahfacka
let's start reporting these posts. it is not allowed on these forums.
i think we should downvote anyone that puts up trash posts like this. the only upvotes go to those that show proof of purchase.
your an idiot just buy it or do not
they eating you up in the comments op lol
i don’t believe him so i down voted lol
how do up plan on proving it to us?
hell yeah!! lets gooo🚀🚀
so many newbies gonna get rekt. you all should invest in coins that actually do something
let's get this race going shiba vrs doge to 1 dollar my money is on shiba first
couldnt hold up your end of the deal, not surprised cause of the karma whoring
this sub is fucking shameless, buying updoots…
dont. just dont. its not real money. invest in the stock market.
can some one tell me which crypto trading platform has shiba coin and with out any transaction fee?
doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot doot now get on with it
give him the points, and let him buy... he needs a little attention
i am all for people buying shib but what is an updoot? i do not think i have any of those...
wait until 3pm est then grab
let’s see the encouragement :)
not gonna happen lol🤷🏻‍♂️ i don’t know what an updoot is😂
where is the proof or we will start down voting this thread.
light bulb award. because i couldn’t have said it any better myself!
this guy fucks but op doesn’t
i bought .1k right before it dipped hard o.o
this wins the internet for today! 😂😂😂😂😂
this guy is special. 🚀
why exactly are we buying shib? what is it people are expecting
can you give me 10k so i can also purchase some shib ?
this! need we say more?
wait 10k shib or ? 10k shib is less than $.25.
my dca method is everyday i convert all my spare pocket change into shibs... .01 or bust...lfg!!!!
cool you have 6k worth of shib.
i bet you're fun at parties.
but but but…what about the size of your e-penis then?
i've guessed that you're a xbox loser, turns out to be true!
so you're losing money huh. sold mine yesterday with nice profits. it's over
but i love being a pussy i smell so good i wanna eat myself
fuckin'... this! shib is not about holding usd hostage for upvotes. you wanna get upvotes?... buy first and post after.
broke butthurt and triggered lol
🤣✊🏻✊🏻 you’re not wrong
yo mama is the fat bitch lol
he’s got my vote 🤣
good investment before the squeeze
i'll buy it when my criteria are met and no sooner
this post got so many upvotes bitch 😂 lel
still got my karma lmao
banging your mom lol
i’m so sick of posts like this. i left the doge sub because of posts like this and now i feel like i’m going to have to leave this one. all for imaginary internet points that are worthless.
1 like = 1 prayer 🙏
i only buy the dip home skillet
your mother is a stinky whore
how about it does not matter look how many upvotes lel
bitch i might be
buy da dip 😂
if i get exactly that amount i will by you 1k worth
wat is your apply pay
i'm second guessing this lelel
told you it wouldn't matter lel
it would not matter lel
it’s gonna keep dropping, legit a elon musk tweet is what caused the spike aha, it’s not gonna have a sustainable uprise in price
in your roody poo candy ass
i'm triggered from your racism
i cannot believe you have these savage mentalities in this day and age. must be from texas
i almost went crazy on you just now with the words. luckily i'm calm now
no, we do not want to keep seeing this junk everyday, clogging up the reddit that could be filled with actual good info & inspirational messages. if people actually wanted to help with shib, they would just buy, without having to beg for "look at me" validations in all of these threads they keep making. besides, this person seems very negative, looking at their posts, and we do not need that kind of bad energy in here. we want positivity.
you mad at all the updoots bro
i have this morning lol
ban this ass wipe
you jelly of all the upvotes lel
farming tf out those thousands upvotes tho lol
figuring that out securely
up doots are up votes
it's less than 1% of my portfolio, risk is low and i'm averaging in currently
doge first for sure but we all make the money 🤑
they were free actually 😊
opposite of down doot
i never did this dumb shit obviously, just collecting the doots lol
gonna provide prove will take a few days. use remindme bot too remember
selling on my 42 birthday cause thags the answer of the universe
it looks rough now but just hold my friend.
i just bought .1 and a big mac worth... don’t need no hugs here. 😂👍🏝
millions and billions and fapfillions. 🤣
making some money i suppose. this is a chance for those who missed getting in early on the doge run up. beyond that, it is a shit coin with no point. but man do i love money. go shib!
because is gonna be the next doge and technically it is better than doge... so get on board. the developers of shib actually care about the coin :d
you must be new to crypto. everyone said the same thing making fun when i bought bitcoin at 18k and it dipped to 3k where i bought more.
being up 3k is kinda funny sometimes 😍
using mom jokes... lmao easy, mental midget.
you're a homo. and i mean that respectfully to the homos.
downvoted since you're a dumbass
lol wut. what squeez? this is crypto investing. there is no squeezing
no karma on self posts
your criteria would not be met since you're begging for karma
don’t get mad at me because you are an attention seeking whore.
you mad mate? :))))))) grow up, lol
keep stacking those updoots
probably more than that .
more upvotes. it's been a long day and communication is hard. anyhow. you might need a click farm to help you with this. dm me if you're looking to share your private keys with someone.
my biggest misters today is why you're getting down voted. you were actually right to not understand what i said.
i don’t have an apple pay. you can send me it through binance or some sort of crypto currency. in my country, i don’t have apple pay or paypal. if you want me to send you any type of crypto address, i’ll be happy to comply sir.
you gtfo. your just posting this to get upvotes. look at the other comments. nobody cares
that earned you another reporting.
i just knew some soup sandwich would catch that, you know what i meant. why do not you go tighten up your diet or lift something other than a fork and spoon. hahaha the most insignificant shit people worry about, how bout a tooth brush to those teeth, use some face cream, whatever else. wth... you people
just down voted you again lol
you got my attention... how prove you bought as that is more import, show your wallet address on etherscan.
actually the answer of the universe is 369
thanks bro… ready to load .00001-000014
everyone’s acting like the only crypto that they could’ve made a shot ton of money on is doge coin!! the truth there’s coins like theta, tfuel, ada, vechain, polygon matic these are a few examples of good use case coins with actual good use cases that anyone could’ve invested and made a shit ton off of without too much risk!! including myself
in regards to marketcap is it even realistic that it will hit 1 cent without the burning of coins?
don’t get upset you still have 5k worth of shib.
give me one reason why it should go back up? hype? ha! if it does, i'll happily buy some dips to join the rollercoaster back up. but i wouldn't bet my money on it.
it'll squoz like gamestoop
why would i be lol you sound like 75% of everybody on crypto pages. do something different
are you a neckbeard irl, be honest
😊😊😊 jk watch shob squeeze!
what do you mean... you people!?????
4.1k updoots and counting lol
where did you learn that?
i'm thinking it is going to stay above 00002200 from now on, especially with the burning that is going to happen, and robinhood picking up the coin this month which will create another spike, which i think will stay due to all the fomo that is going to continue from all the press it is been getting. may be musk can tweet a few more times to help it along. :)
you got that wrong. the market cap does not matter to people. if coin go up people buy. hut hut... you think someone who missed out on doge cares about market cap???
highly unlikely without a huge burn. which very well may be in the works right now. who knows. none of us know shit from fuck, but it is one hell of a ride.
and apparently we gonna burn every time we spend!
to get 1 cent out would need to be 5x the volume of btc
shib is deflationary and they are burning billions of coins.
no. even with the burn it will not
not upset at all. and it is worth about 9k atm. it's called dca. this is a healthy dip.
welcome to crypto if you're new
have fun at the station. the rest of us will keep chuggin along. ath incoming
sorry to trigger you do hard
and you are an attention seeking sociopath, how about that?
sorry bro was talking to special effects who posted we want proof cannot just get likes for nothing, every transaction is transparent on the block chain via etherscan
hope so! thanks for your opinion. i’m still holding :)
i really do not know shit bout fuck
you would if you went to the white paper and read all 27 pages. they are burning shib.
said the same shit about doge...got anything else?
drastic cash abandonment .
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i donut believe you
i did not do it off course lol
buy and hold. that's the return... all goes back to saga of doge. the worthless coin that made millionaires from people who buy and hold... didn't say it would be one day. but the masses will join as they have and will continue on a meme coin like this and it will do well to be used as currency...the btc stories are out there also and people think about that. 5 or 6 years can go by quick. and if you buy and hold; all is well.
aaannnnd there you go
crypto and investing is just not for you my friend. i wish you the best.
doensn't collect anything ?
you aren’t investing. you’re gambling and you aren’t doing well.
my entire portfolio is doing great and i'm sorry if you got burned, but being bitter to others does not do anything for you. this is my last response wasting my time on you. best of luck :).
i’ve not been burned because i don’t buy shitcoins. keep feeding the whales plankton.
it's ok to be a wrong idiot on occasion
53m at this point. more coming
just at about 14m but put all of it in earn, so selling isn’t even an option.
not selling until i make life changing money .10 lets gooooooooooooo
i do not care if it crashes. i wanna look back on it when i'm old, like the 10,000 bitcoin pizza guy
i only have 12 million but it is all i could afford to spare and you best believe i'm holding on to those puppies for dear life!
i’m not fucking selling.
bought in at .0000023, took my initial investment back x2. still sitting on a small mountain. might just delete the app and come back in 2 years.
always buying more !!🙌💎🙌i don’t know what sell means 🤭
88 million and hodling!
just bought 4 mil more. holding 46 million.
i am fucking selling at !
still holding 70 mil!!
long time lurker, first time buyer busted my crypto cherry into this:)
going on 6 months 💯
hodling for 6 months so far
almost 72billion…see you all on mars.
100 mil. sold some to cover my initial investment, which hurt my soul a bit but i gotta say that operating on pure profit now has me far less concerned over the day to day performance of shib so i c an hodl long term without much concern.
up to 20mil and hodling!
hodling since late may!
hold till a zeros fall off
135 million. wish i would have bought more and stayed away from bf
178m and hodl you cuckodls
hodling 126m strong myself
because of your all participate in this shiba coins, now is now like 0.00002655! keep up the good work and we all will see .01 very very soon. good luck to all!
14 mil and holding for .01! probably gonna buy another 14 million and am telling all my friends and fam(except in-laws i hate them)!! kinda poor so all i can afford.
am not fucking selling until i see .,,, even then i won’t sell it all.
fukcing sell. hodl to be apart of lifetime
holding until become gold 😹
118.7 mill 🙌 i’m not going anywhere other than the moon
130 million. planning on buying .
my grand total is 166 mil 100 mil staked on crypto earn 50 mil free 16 mil on exchange
crash, i dare you. i'll just add another bil shib to my portfoloi instead of a mil.
45m. looking to go over 50 after i btfd!
so awesome meme coin or not the genius traders are not taking in account the power and massive size of the shib army !!!
i’m probably not selling!
300million & still adding.
between me and my roommate we have around 200m and with our averages we can keep investing with out changing our average much
can’t even sell, gas price too high!
between the fees on bitmart and the minimum limit to transfer. i have to hold until it is worth it to make a profit...
yeahhhh you know your boy's holdin'!
holding a little over 200 and will keep buying more🚀🚀🚀🚀
just bought 40mil today
holding 5 million, have a few buy in on the dip's set.
shib will be big in the years to come
i just have a little bit
all in, staked and holding, will be throwing all my available money at shib.
120 mil and counting
22 million, hopefully going to add more soon.
gram stephen said he will buy .05 cents for every like. shibarmy let’s make him buy over 1 million dollars worth of shib. he has over 3.4 million subscribers! let’s make it go viral!
"give me karma if your holding shib" lol sure thing bud
is the way 78 mili here 👍🏼
120m! in it for the long hall!
over a bill for me
i got nothing but time
lol, i’m hodl so not to give my money to whales 😂
145 mill and holding
is this a wsb crossover or just featuring of shib? seeing all those fellow wsb apes joining the rocket would be kinda fun 🤩
9.8 million. im buying more weekly now
shibber me timbers till the end!!
what's with all the karma farming? anyway, i have 47 million and i'm hanging on for the long haul hopefully.
shib, who rescued who? i'm holding shib, but soon shib will be holding me 😉🐶
400%up...i sold...i'll buy the dip,but would not chase the dragon
the longer the price stays in this range the more chances we get to by millions more.one cent would even look pretty with millions of
56 million now. gonna keep adding more.
just purchased another 55 mill. total is at 264 mill and intend to hold irrespective of any dips. maybe even buy some more during the dips.
i have a limit sale at 0.00999.
holding to . i want
not a lot, but holding.
fuck everyone who told me investing is stupid.
me personally, i’ll sell half my stack between .005-0.01. it’ll change everything for me and all my family.
2.3b stakes in shibaswap
i'm hodling plus i'm providing liquidity as a side hustle with a separate reserve. this way i earn while waiting + i earn some extra profits from people who swap between shib and usdt.
currently have 45.6 million shib coins
well, this isn’t the issue, is it? the issue is how much to cash out when it does jump. if you just consistently take out a certain percentage of the gains at predetermined levels then you can hold indefinitely. effectively taking out fewer and fewer shares at each level, so it becomes a min limit equation and never results in zero shares. right?
i'm not selling! only adding to my total amount! average up or down! fuck it! lets go!\~
i deleted the sell button. 😂
hodl 🚀🚀🚀 until boom 💥💥💥, to the 🌝.
5.8m and still holding
i’m not selling shit! i’ve been holding and adding since march
bought 226m at 0.00000069. added more at 0.000007. took a few thousand profit at 0.000032 lately and then letting the rest sit for however long it takes to make me 6 figures. don’t think i can wait for millions.
just found about this terrible fucking plan………. and then bought 100m today.
haven’t checked in month and wow. got 5m more :)
30 m, is not much but everything counts. let's hold!
118 million, give or take a couple million providing liquidity in shibaswap.
236.5 million and stacking more.
yas 30m and hodl!
to the glory or valhalla
i sold some profit so i can purchase another up and coming cryptocurrency but i'm still holding over 100 million and that am not going nowhere !
i would not i promise ! 🤗
100 shib and counting. hold the line boys
i bought 4 shib. i'm holding for all of us
im not selling either
i’m set for a weekly automated buy (dollar cost averaging)
100m just bought another 50m at the 22 dip
i cannot wait to see the look on people's faces when robinhood list shib
i am! but i also wanted to stake my shib for the long term. is there anything like a required lowest deposit # of coins to stake?
about 82mil at this point. half is locked for earnings. plan on accumulating more as well.
if you're holding shib!!! 🤑
1,000,000,000,000 and holding moon or bust.
holding until i’m a multi millionaire
600 million holding for the last 4 months. will buy another 400 million if it dips
sell? i dont know him
if it goes to a ’ll buy a kilo of blow & bang hookers for the reminder of my life
hold you fukers hold
37 mill and buying the dip till i get a billion
please tell me i didn’t go wrong buying the dip 😓 37k
i'm holding that shit hard dawg
who said “sale” was a word in my dictionary never heard of it 💰💰
30 mill since may 11
nah sold it and made 3.5x ... good enough for me!
17.7m and climbing. never selling.
i only have 15m but i'm holdin 'em. ☺
50 milly more coming
i mean everything locked on shibaswap. can’t sell anyways! and tax purposes.
i’m a newbie and only have just over 3mil coins. the transaction fees like cut what i want to deposit each week in half
i got a few but not enough
only 4.4 mill but gonna buy and hold more week on week
how do i buy it when i live in shitty ny, new to crypto if you cannot tell :\]
holding my small amount.
paperhands don’t make money.
4,394,194,194.97 holding strong baby!!
had 690 million. swapped half for saitama before shib dropped a zero. now i have 341 million shib and 218 billion saitama. hope this was a good move in the long run and pays off. obviously if i had hodld my shib my profits would be double but heyho.
bought 60m in may. let‘s go.
33.8 m but got it all staked earring more haha
112,000,000 . someone let me know if i will get any bag of $$$$$$
only 8 mil but holding like a boss
and im not fucking buying either coz i dont have any money left. ! lol
160 million at the minute
200 mill and counting baby
i actually both some more. ❤️you shiba.
i only bought 45 bucks worth a couple days ago because i’m broke but i’m holding and hoping
180 million +. holding until we get numbers on the other side of the decimal
100 m and ain’t selling … am enjoying the wave 🌊 than the profit 💎🙌🏾
i've got some, gib money pls
i don’t know how much shib i have now it keeps going down on my earn on binance. but my value has gone up from
350 million and adding by staking them 3 months at a time
set it & forget it 💯 i love in new york so all the extra steps i had to take to buy, i'm definitely not selling. hold fast
i'm going to explain something to you every amount of shiba you have or buy. burn the 1% we always make a habit of this all, both we and the big investors and additionally accept shiba inu in all our businesses around the world and we will change history, we seek to give it stability and potential value, so that great whales do not play and begin to respect it as one major cryptocurrencies. this will not be quick but the idea is to get it right. 99% hold and 1% burn each of us. god bless you guys.
ready to hold for years. it's either going to be life changing or nothing at all.
i sold some of what i had to pay myself back my initial investment. still have about 500 mil tokens riding the waves. after the whale sells off their 6 trillion the price will drop down to where it more realistically should be. super happy we dropped a zero finally.
im new to this shit does holding cause price to rise over time?
plan: hold 30 million shib until 0.1 that gives me 3 million usd. drop 1 million of that into crypto.com usdt stake and earn . and cash in the other 2 million. or if it goes to the moon i will hold. btw everyone…… it’s spelled hold. not hodl hodl is dumb!!!!!
i don’t have enough invested to be upset if it goes to 0.00. but i have enough that even if it hits .005 ill have 50k… its a fun thing to do. while (and i get it to the moon and all the jazz) i highly doubt it’ll even get close, strangers things have happened.
did all the gme
lol, let’s make some money and short boys
i wanna see this thing flip doge, that’s honestly the competitiveness in me. we have the technology shiba swap 🐕
shill, please. lick on deez
more than 150 million
notice the current price! it shows we’re hodling!! bears are frustrated they can’t get it lower!!! watch what happens this week! my prediction is we’re gonna spike higher before and after the nft’s go on sale. 🤞🏼🤞🏼🤞🏼🍀🍀🍀🚀🚀🚀🚀
just got around 7m shiba and also matching worth in doge to see how the battle. was today good for joining? trying to work into eth as well. where do you think we're headed by the end of fall? will you sell then buy any dips before winter hits?
11mil currently, and hoping to round it up to 20mil soon. stupid bank blocked my debit card purchases on crypto, so waiting for fiat deposit
this entire account is just pumping shiba coin. pump and dump gooo
i am hodling 120m right now. i will be adding more once i receive my paycheck.
honestly i just want it to actually go down so i can buy more lol
let's goooooo 90 million and not going anywhere!!!!!
almost 109m and burying.
fuck yeaaaaaaaa. not selling. 🔥🔥📈📈
i totally plan to sell. no idea where this moronic mentality came from.
21m at this point, going to buy more!
new here only holding 4 mil but the only direction is up!!!
waiting for our new floor so i can buy a grand more of shib.
98 million… i’m not stopping there though
78 million all dug
i bought 7m earlier, decided to join the game with 42m just a bit ago. risks yes, better than having it sit though. now i can watch charts.
453m and still holding. i want the shiba to become my life saver!
i could not invest too much but i\`m definitely not selling!
biden would want you to sell.
only 3.074 mil rn but adding more and more every week!
36 mil let’s go!
why even sell for usd at this point…...it’s losing a shit ton of value if you get paid in usd or live in the us. just hold and turn into another crypto. it’s just like flipping silver into gold or vice versa. fuck the central bankers and their fiat game
20m and not selling!
28 mil so far
32mil and counting 🤞
110 million and not selling
diamond hands kids 💎🙌🏼
just bought some coins this weekend 🚀🚀🚀🚀 to the moon
the plan is to burn a zero every year. we already have 2021 covered. let’s get it 2022!
i’m here with you guys with 10 percent of my portfolio invested…super nervous to be honest but i believe in the community and i believe in the projects and i am not selling shit. no matter what happens!!
23 mil and holding till i’m a millionaire!!!
5.8mil i'm a baby
by our powers combined...
hoody over 500 mill 💪💪
i even bought. so, 🖕.
lmao all yall holding less than a billion is why reason you have less than a billion
holding 60 mill + staking, buying the dips 🔥🚀🌑🧑‍🚀
327mil+ …i’m hodling 💎🙌🏼
let’s go boys and girls. time to get wealthy!🚀🚀🚀
but how do i love the comment since i’m not fucking selling or leaving????
10 mil and holding. such a low risk investment!
currently just 9 million but planning to add more on dips... to the 🌙
7 million but loading more. i want 100 million before we go to .01
i did not count before this but have 120 million. might add more i do not know.
310m let’s go 🚀
nether am i god damnit!!!🤑🚀🤑🚀🤑🚀🤑🚀🤑🚀🤑🚀🤑🚀🤑🚀
hodling 10m coins atm. will probably add more. if i can add 90m before it hits a penny will definitely be ideal 😂🥵
i could only do 2 mil but i'm holding
someone loan me ,000 and i'll pay you back in interest, once i cash out my !!
you should try using a 3commas bot. free account. i often use it for shorting, but has many capabilities
one day i will be a top 100 holder
it's all sitting at shibaswap behind the gas wall, and this is a good thing, if not i would have paperhanded long time ago.
only selling for life changing money, bitchass paperhands can bow down
idk how many i even have at this point, 8 mil here, 1 mil there, 3 mil elsewhere. shit i forgot i staked some too so fuck i really dk how much i actually have, i just know it is not enough.
just buy more and hold up to 3500 again 🚀🚀🚀
6 mil right now. not a lot i know!
i‘ll sell for sure pretty soon
holding 100m shib and 100shares of gme
this thread should get at least 200,000 likes. come on army
yes yes… another one pos who wants free points…
so i go to the bitcoin community and send a post " like and comment if you’re holding btc!!!" then they delete my post.
holding 243 mil i hope this goes to 0.001 by the end of next year 🚀🚀🚀
~50 mil for me. trying to figure out the best way to stake now.
got 1.8 million for free, will be adding another few million every other week or so.
holding and buying. going to be at 100 mill soon
yes, it is the same with
~45 milly, with more coming.
337 mill and hold comfortably
sorry 53m shib... 👏
150m holding for the moon 🌙
oh wow! what’s earn?? i’m a newbie, i bought my first shiba two weeks ago. haven’t sold any
i’m going to get a shiba tat when we see .005 then another at .05
same, i dont really need a lot of money, but im loving this adventure win or lose.
i have 1.6 mil :-(
don't worry, one day that will be all you need.
good logic, name checks out.
almost twice what i hold. nice!
hell yea brother!! 🤑🔥💰
that would be shib worth 400trillion in market cap... current value of world economy is 93.8trillion... don't mean to burst bubbles but you do the math.
holy fck nuts that a lot!! 🤑🤑🤑
yo. what was the return looking like on that at the height 🤔
keep buying small amounts and join acorn and you can round up your spending and save money for you, you can even save a portion of your paycheck. then transfer it to shib. my wife did for 9 months and we she racked up like 3k. granted we spend a lot with 3-4 bank cards.
hell yeah!!! i agree!!! 🤑💰
wow that’s awesome dude! i love everyone’s commitment!!
seriously!! lol i’m ready for the dip!!
nevvvvrrrr!!! (unless it hits. ) 🤑
especially if can be added to a game for in purchases,
alll shib holders are members of shib army!!
karma farming? i don’t understand. i just like shiba made a post and people liked it
sell hats that!! lol
any shib holder is shib army soldier!!
my idea has been to buy double what i would need to hit my goal. if 0.01 is the goal and my personal target is ,000,000 dollars than i would by 200 million shib, so i can sell some on the way up and still hold the number of shib needed to hit my target
hell yea !!! 💰🤑
dude that’s a lot!
awesome! ...now don’t sell anymore ok 🤑😂
you’re gonna be rich af!!
it’s going to go parabolic!
holy fckn shib tits!! you’re gonna be one rich mf!!
that’s awesome dude! you’re shiba army now!!
just wait to buy and do it all at one time
diamond hands on my shibs
omg!!! holy fck shib tits!! you’re gonna be rich!
you’re gonna be fuckin rich!!!
this is the way!! cash 0 shib 50 million 🤑😂
“at the minute” sounds like your ready to buy more!! lol you’re gonna be rich!! 💰💰💰
me too!! hell yea!!
that’s awesome!! last time it jumped like this was may 2021, it took 30 days from the price to return below 0.0000008
that’s cool, it’s an interesting and fun movement
probably because there is like millions
hahhaa what??? where’s that come from lol
biden would like your smell.
hodliba. *** ^(bleep-bloop, i'm a bot. this )^[portmanteau]( ^( was created from the phrase 'hodlin shiba')^[faqs]( ^() ^[feedback]( ^() ^[opt-out](
hell fckn yea!!! that’s my thought, idgaf if it’s 10 years
holy shib tits!! 🤑💰😎
100 million and holding
bruh, been holding shib since april. thanks tho.
maybe it’s specific crypto.com app (i’m also based in canada) but it allows a 2% annual earning if you lock it in without the ability to sell for 90 days at a time. so every monday i get like 5000 shiba added to my wallet.
this should be a requirement. when shiba hits .01 all pre .00035 shiba holders are required to get a shib tat. at .1, all those same shib folk are required to get a shib tat on their ear.
married to the money.
lol. my other account is too young to post.
just a little bit at a time. :)
i know. it has been thiscussed many times. may i explain the humor. if it would not reach . no worry, you are not bursting our bubbles.
i bought about 93 mill 3 months ago and then after the correction i bought the dip like a good boy at around .0000226 now it’s hodl time :)
a lot of people make this exact same post.
too many catalyst s to not just hold this and bury it stake in shibaswap and earned passive income. also check out one of its ecosystem coins ryoshi's vision. it is shiba inu but with otto burns built in. coin burns all day everyday 1% of every transaction forever in the circulating supply is already lower than shiba inu. i am heavy into this also but you might check out this video.
i sure hope so. i’m not selling like i did with doge. i was a supporter for years and years. mined and held millions of doge only to sell way too early. i could have retired. shib will make us all very wealthy one day. hodl is the game.
i got in super low, up until last week i’d been questioning my sanity
fingers crossed! i gotta be diamond hands from here all the way to 0.01 now. and it is gonna be hard because at every zero drop, my pockets gonna be on fire and i would be dying to sell
i dont even have 50mil. i only have 1.6mil. hahaha
i know bots and whales are powerful contenders but the power of a community should never be underestimated... nobody hits that sell button for the next 5 years ... from 2022 will be 4 years to go if you really want to actualise those dreams
i am not a small child. so probably not.
hells yeah! kudos to everyone holding.
about 34,000 at end of staking but shib has gone up since my first came off early last week have two more coming off in november i’ll know more then about return but can’t beat free free
oh wow, i’m going to research that now. thanks!
$.04 a week doesnt seem worth it to lock in your trades for 90 days lmao
if you do it on binance you get 5.25% apr i have 40 mill staked for 90 days. almost there, day 65
as soon as my time is up for the 8 mil i put in i'm staking all 16 mil. i've staked 8 mil twice already and i like it
i have etoro. i've never heard of this and really have no idea what i'm doing. crypto.com is better?
you should be staking on shibaswap instead. dyor.
i know i’m not sure which one to get.
today? if so they stole it from me, i posted this at 7am
the hardest part of investing, is doing nothing. lol
buy 100 million more, and use that to sell as the price spikes up. this way you keep your core position for the long haul but can still take profits along the way.
you still shib army!!! at 0.01 that 1m is ,000😳🤑
research shibaswap instead. better returns. no lock time except for the rewards.
but if you’re going to hold anyway, no harm in it
maximum you can stake on crypto.com.
i’m not advocating for crypto specifically, it’s just what i started with
yeas! i am planning to have at least 5mil shib. 10k doge and 10k btt but my paycheck wont come until the end of the month lol.
8m required to stake on cdc
just think if everyone had cdc and earning we gonna wipe out the supply in a few years.i figured if stake all my shib every 3 months just with what i have. that’s over 100k every 3 months. throw extra 20 bucks each week to accumulate more.
that’s awesome, steady pace wins the race. you’ll get there! 🤑👍😎
i have 100m staked. its better to stake large quantities. in few years, will be amazing
i’m staking around 10mil, how does this staking work?😅
i just wish that the price was a bit low when i receive my paycheck so i can bag a lot of shib!
staking 162m at 4.12%
but what if price drops and you cannot release because locked up?? scary... i locked up 50 million and will buy 250 but will not be locking it up...
no worries. it will go higher than when you buy it, so it’s all the same
normal the market going up and down. the staking is for those who look on the long run. 3, 5 years...
hate brings no good things
i agree it’s only killing shib just look 1 day trend 📉 it’s attracting flippers not investors.
i’m great at making bad crypto decisions, i sold my dot to buy shib i’ve lost about 40-50%, i’m now considering to sell my shib to short doge which will probably be enough for musk to tweet about doge and liquidate me…... :-)
kids with 10 dollar investments crying that it did not go x100 in 15 minutes
it needs a professional change
shiba be tanking and i'm sure the constant bickering in the community this token is supposed to be about creating isnt doing it any good what soever and it will probably keep tanking as long as half the damn community thinks everything is wrong with the coin. want to have control of a coi on? then go make one otherwise shut it and buy and hodl. literally all positive up until a day ago when whoever posted saying literally change everything about the coin besides the name. well now it is now just a meme coin, now it is a we dont want this meme coin we want it all changed. seriously stop it your doing harm not good as interest in shiba is now plummeting and partly because now when new people come to see what this is about it is just a bunch of dumbies going look how much shib i bought, or hodl 492847 times, or upvote if your holding to the moon or then this crap about changing the whole coin we dobt like it. tap onto that the 1.1 billion donation to india that is gotten 0 media attention and you could say shiba it is in a real state of affairs if this shit doesnt turn around. it was one thing when it came out and didnt have all this bad press in the community let alone the lack of anyone media wise giving a rats ass about the donation. christ even india didnt say shit. is shiba just a floundering meme token doomed to sputter along while it is own community destroys it?? hard to say but alot of you arw sure pushing for that to happen with your stupid attitudes.
doge bro! not doge killer, no negatives. we all go to the moon
i love dogs. i hate the name doge killer. there are tshirts out there with that shit on it. kids would read that as dog killer. ' it is gotta change.
very true. the animosity between this community and the doge community is so unhealthy.
why not top dawg instead of doge killer change the color of the shiba inu also should be black or white shiba and look very different from the doge dog also the icon sucks balls, looks bad too serious we need something more apporachable ' and no im not shitting on shiba i just bout another 10 mil
it’s getting to the point that i’m embarrassed to tell people i invest in this.
so let me get this straight! more tokens are getting burned on every transaction thus reducing the supply but the price is tanking! am i missing something? because the opposite is happening.
shib is called shiba inu coin. leash is callled doge killer
this coin has an identity crisis.
it's impossible to change, dogekiller is pretty much written into the token in the blockchain... people who think we just can get "rid" of it know nothing about crypto.
if you do not like it... find a new coin to support. it has come this far being the doge killer. ' let us see your project and how far yours has gotten.
we need to know more about branding. look at kishu inu or catecoin, the way they branded is amazing. is shiba could do something like that it would be awesome.
shiba is a coin for social change ... bad rep will take down an ideal!
giving the shiba-inu tokens to another ceo of another blockchain was an own goal from the start. it was always going to be ethereum who got the credit for this, and not shib-inu... but we all paid for it. we are basically paying for the ethereum marketing campaign. like why did not the ceo of shiba-inu stand up and be counted? say our tokens name with his chest out? like i feel this coin is trying to be like another coin and using other founders of coins to make the donations and that makes this coin an impersonator... when we should off been the headline, we are suppose to be the ' a first of its kind project' when the general's of this army has 'yellow bellies'. they must be impersonators in real life, and it takes a strong subject to walk off in path never walked before and right now this coin does not seem to have what is needed to walk these paths, seems like they living in someones else's shadow.all the greatest went of on their own paths, never lived in someone else's shadow. but hey maybe next bull run 2024
do you people here actually think shiba will be used by anyone? even doge is just silly... this is a get rich quick scheme. nothing else.
yeah. the doge community looks down on this. not the best front page marketing
but...but... the creators call it that themselves in the whitepaper...
it looks like it will be 0 in june
ow i kinda like doge killer fk it im buying this dip
of course it is making shib lose its traction. no one likes a copy-cat douche of a token. as above so below. do good everyday. ego is a killer. god wins and the devil will suffer.
crypto is about co-operation guys not competition!! lets support each other and move towards decentralization!!!
you need to start with your website - nicknamed the dogecoin killer, this erc-20 only token can remain well under a penny and still outpace dogecoin in a small amount of time (relatively speaking). popular worldwide, and already up thousands of percent, shiba token () is the first cryptocurrency token to be listed and incentivized on shibaswap, our decentralized exchange.
it just needs to publish its main difference to dogecoin even more:)
i literally bought it because it is labeled doge killer.
this project got attention literally because devs called it doge killer and said it could overgrow doge relatively quickly on their official site. after all they even used shiba just like doge. it was aimed at people who dreamt of similar success to long doge holders. why is this coin special, why would it suddenly start rising? maybe i don’t understand something.
but it is the dogekiller, it says it in the woofpaper if you would have read it. stop crying, and go make another "change the banner" poll.
this sub is insane. this coin has zero fundementals. until it does, it only has social value and that value is based on being a doge killer. until they have an actual swap, there is no project. just the promise of one. if shib loses its doge killer moniker, this coin dies.
i absolutely agree. i would change the coin name to bat...sheep. to make it original. it is a bit different then doge. i am surprised that no one mention name shiba there.
what? not a doge killer? look when shib reaches 0.0000710 it will be rank 4 on coin market cap... therefore killing doge. and once the total supply is cut in half the doge kill number becomes 0.0001420 it is our goal. please stay goal orientated and stop being a tree hugging doge supporter :d just because you hold some doge does not change our mission objective. in fact i hold doge and cant wait for it to get whacked! sorry pal! pick a side team doge or team shib! it is not hurting anybody, no doges were hurt in the making of this post. ✋ stop with the doge riding they have their own sub.
shiba needs a coin burn. natural growth. no pumps. no dates.
the vibe became negative… i don’t believe in this coin anymore
it needs to maintain the doge killer mystique. it's part of the hype.
can you shut the fuck up please this is doge killer don’t affiliate us with dogecoin you pussy we printed way more money in shiba fuck off doge bitch
shut the fuck up bitch
after onecoin aka bitcoin killer. no one should ever say they are the killer of any coin. its a bad taste to alot of people. i almost missed out on this because of it and i would have made alot on it if i had not see dogekiller
i have never adopted that thinking. i own both
having enemies costs energy, having friends saves energy.
wen ? wen moon? wen lambo? oh piece of candy...
if tou guys keep calling doge killer, there is no moon in the future.🚀🌑
its a doggy killer.
i fully agree that shiba inu is its own thing and should be focused on growing as a community not comparing itself with doge. there's potential for shiba to grow astronomically but only if the community supports the project and developers.
how many times does someone have to karma farm with a post like this
this sub needs to get its shit together already
actually the shiba inu founders decided to call it “doge coin killer” why you are venting as if it’s community fault? chill out man
do you know what a meme coin is???? doge is a meme coin. you sound kinda dumb right now. a meme coin means the coin is not backed by the success or failure of a company.
shiba is good ! very good !
i've already 100x on shib with the name doge killer.stop crying about every little thing.
seems like you are all trying to drive a car with no steering wheel.
you need to tell the devs team to stop calling that. they are hating on doge
so sensitive it’s a meme talking about a meme, gonna cry in ya pillow? haha
grateful for shib. took all the “to the moon” and stupid shit from the doge sub. doge sub hasn’t been this nice we spiked at .10
2 weeks and no money in our wallets 😅
it is a memecoin
also, let’s say for doge coin, elon pumps it most of the time but how can shiba be in news forever? can we do something about it? for the shiba to reach 0.01 or 0.001, it has to be in the news for the next 2-3 years.
the meltdown going on in this sub is simultaneously pathetic and sad.
this is a great statement because i have ,000 in each! it's not a rival or a competitor it is something to buy with doge!!!
i put my money on both doge and shiba and i agree shibacoin would have a better value and reputation if they called themself doge partner
it's not killing it, but it is infringing on the hype wave, stopping doggos from riding the biggest wave possible
spread awareness and positivity 🐕🚀🌝maybe for the next month or so we can be doges friend (make a meme about that)and then shortly after switch it up and go back to being the doge killer and it’s war again🤗switch it up keep it interesting but overall positive.
elon predict that shiba will fall down to 0.0000001 . hold !!
we definitely seem to have two sides of this in the sub. we don’t need to hate doge or brand ourselves using their name. it got us attention for sure and probably was really helpful in getting the word out. everyone likes a juicy headline. but let’s focus on other markets. shib can be a competitor to doge, but not use its name in the branding forever. we can be the asian version of doge. we should aim for adoption with india and china. look at companies there who haven’t adopted a crypto currency as a payment method or who don’t have something like shib.
so you did not read their whitepaper? "we earned the nickname dogecoin killer because we have the ability to outpace the value of dogecoin, exponentially, without ever crossing the .01 mark." it is their words, you should tell this to shiba team.
agree !!! keep the logo remove the dogekiller
i call it the wallet killer.
went to read the description and then i saw the banner... doge vs shib... this’ll never work
idk kinda like the bloods and the crips except it’s doge and shib.
check wikipedia. it's literally called "doge killer"
the name shiba inu is the literal name of the dogecoin symbol which gives shiba some authenticity so the dogecoin killer alias is unnecessary
bruh they already dead. pray to god jesus brings them back
shib only kill him self...everyday,every hour going down and down...when going up dont know...now like crazy...😶
they should also stop saying dog killer i would never kill a dog. i understand thats not what we are about but people that do not know about shiba my assume thats what we about. we are loyal and helpful so just drop the killer stuff all together.
blows my mind how much hate there is between crypto projects. we should be supporting each other, regardless of what coins we choose to hodl. if you want your crypto to be successful, you should be rooting for the entire crypto space.
nope bad idea. it’s the doge killer. if you don’t like it, don’t buy it.
jesus these bagholders are retarded lmao. been almost a week since vitalik pulled the rug and they are still coping xd
for some reason i cannot create a new post, maybe because they dont want bad posts? i think we need to address what happened and not just ignore it. it was a pretty good idea to hand over 50% of the tokens, good job protecting the community from the possibility of a rug pull. yes, i get it, he helped people. now i see you saying "oh the best is yet to come" when? when the community loses it is ass? when do you think this mistake is going to fix itself?
its on shiba website, hate never wins
damn why is it still going down i came out profit from safemoon went all in believing in this coin and it’s down 30% any bad news ?
we need this nicknamed the dogecoin killer to be gone!
should be called dodge partner
the banner on this subreddit literally says shib vs doge lmao
lol shib calls itself the dogecoin killer on its website lmaooo
my crypto.com account has been pending for a week now
india is one of the most corrupted country in the world. fucking idiot vitalik donated others money and do you think it will be used for actual purpose or will it drowned in the hands of few corrupted individuals who are corrupted to the core in the system. first of all shib creators are foolish enough to sent to vb and say stupidly that it is burnt. vb has 45% more of shib in his control now and who can say guaranteed that fucking nerd will not do this again and again. even shib coin do not a have a good publicity for the charity that idiot has done. this all looks stupid and irritating when i have lost half of my investment. this is a investment platform for a good project but it is not a charity one. fuck that idiot vb. he should have stick to his things and should not have done this. fyi...i am also from india and trust me i know how the fucking system works here.
i do not think those headlines have much to do with the "doge killer" description. they just use words they know a lot of people are familiar with, like dogecoin or ethereum, and the name of the token is not necessary for them to get their main point across. even without the "doge killer" bit, it is literally called shiba inu... so they will automatically draw the connection between this and dogecoin, which more people will recognise. this is just how headlines are. edit: and heck, it is even described as a meme token [on their website]( which is not wrong. i'd say even dogecoin is a memecoin, despite being one of the top coins atm.
shib is at less than .000015 now. i think it is fairly safe to say, that to the retail investor, shib already killed itself.
no harm in diversity. i just love dogz. now, if there was a cat meme coin…woof!
go to the website and read the nickname. it's literally calling itself "dogecoin killer"; stop acting like it is not when the founders have given themselves that nickname. take it up with them.
the beautiful thing about the crypto space is how 2-ply soft some people are. this is the wild wild west of the financial world, nobody cares about your feelings or how a shitcoin should be portrayed to fit your moral standards
india needs international help, money, medicins, hospitals, etc not a meme coin. millonaires should help not sending coins, sending money.
doge coin is a meme coin... shiba was killing doge and most coins before vitalicka my balls dumped it for taxable gains and lowering his eth fees.
it is the doge competitor. call it a killer, whatever, just don’t be so dramatic jeez….
true. kishu inu is the actual monster who’s gonna kill doge. stay trong shiba brothers
doesn’t it say doge killer on the shiba website?
8 million strong. it's bouncing off of the resistance line so i'm very hopeful
i agree. this puts a hostile description on the coin making it unpleasant. it should be the doge cousin or covid relief token.
i recommend you sell if you do not like how this is going. plenty of other crapola scam coins out there. the only difference here is the shib got so huge even the dev team could not control it. it's a war between exchanges and the dev creators of shib. shib is as worthless in practical use as doge. new gen traders only play because in our eyes this is get rich or die trying.
i brought this up weeks ago, to no avail. i'm not sure what is fueling the recent push for peace is, but i've seen so many similar requests on here
what’s hurting shib in my opinion are podcasters, financial gurus and long time crypto folks who call it a rug pull trash dog coin made only for people who are dreaming to get rich over night. the community has to stand strong so the coin rises and it has to be able to understand and identify what its solid mission and purpose are so others buy into it regardless of the outside noise. yes there are factors we can’t control but what matters most is that we share with others, not just among ourselves the true social, financial and technological value of the coin. we all want and deserve a pay day. there’s no denying that. what we need in my humble opinion is a unified message. what is the project here? what is the purpose? just here for a rapid cash out or a long term project that will help change the financial world as we know it. whatever your thoughts are just know i want shib to succeed long term and hopefully someday have its respectful space in the crypto world and most importantly become a useful financial tool for society to benefit from. shibup mofos! keep the faith 🤙🏽
facts! we’re not a meme coin, we’re a... visionary... uhh...
kind shibu go help india thanks vb, go with the goddess shiba, is a catastrophe in that country. doge and shibu got to work together for the world.
i gots myself over 1 million shin inu and just waiting for them to reach at least .5 i dont care if it takes another 6 years. i hope the price drops a bit more so i can gets another few million.
we've been analized by vb and still we think he is a good person
agreed, leash is the doge killer, as per the woofpaper.
when you click on this sub the permanent picture on top literally says "defi of thrones- doge vs shiba"
you realize that is how this coin was marketed by the team correct?
shiba is going straight to zero. fuck you
i don’t know why people are saying shiba is a dogecoin killer... shiba really should be covid-19 killer!!!!!!! reverse it and spread it around!!!!!!!! shiba is covid-19 killer!!
so glad someone mentioned this. it’s so upsetting every time i hear this. we are the people we should unite all, including meme coins.
shiba is trash and you are being used.
shiba is a covid-19 killer not a dogecoin killer!!!!!! this should be a trend for the shiba community coin because if you call it a covid-19 killer people will ask why.
i hold great amount of shiba coin 💪🏼🙌🏼
i don’t think it helps that leash still says the doge killer. probably why so many people are running with shiba in general being a doge killer. i have doge and shiba. there’s room for both. shiba is still new so most people haven’t heard of it yet and are just now learning what doge is.
i agree. negativity breeds negativity.
it's literally the premise that the coin was founded on. it's amazing how many people jumped on this coin without even visiting the website first.
yes we need doge holder to come in because they are dumb
agreed, unity not division if the crypto community will only get the rest of the world to buy in
i have doge and shib. doge is going to . shib is not worth anything. if it has to be one or the other than kill shib. it's a dream. doge is mainstream and worth real money.
i agree, i almost didn’t buy in bc all the hate towards doge! if anything y’all should be asking the doge community to help
doge is the shiba killer
the woofpaper itself says it is a doge killer.
completely agree i never liked that it was called the doge killer 💯💯💯
what’s hurting shib is the fake burn. the day shib hodlers aren’t held by their necks by vb, will be the day shib won’t be hurt.
well if you are from india maybe you should promote the fact that it wasn’t spoken of as shiba. do your homework.
people aren’t going to stop treating this coin in this fashion considering the devs literally coined the nickname “dogecoin killer” and have it plastered on their fucking website lmao
totally agree on this, please remove "doge killer"
we are the doge killer because we have a better project. then people from doge wanted to joined just for hype, and they want us to be like their stupid useless project. if you want to invest here, you are welcome. but don't compare us with doge because this project is much better.
so sick of negative posts like this. it was doing great as a “dogekiller” and quite frankly it doesn’t matter at all. this negativity is absolutely killing the chances of this coin doing well.
well yeah, i agree. so we start down voting these doge killer posts, it is up to us whether or not these posts get recognition. i think that our community has the potential to become a great place. however, we have a lot of work to do. just look at the safemoon reddit feed and then look at ours. we can do better.
how would we fix this? who runs the site? we should all stop complaining and do something
. both communities would be stronger together! the animosity is hurting both communities. shiba should be marketed as the coin you get into if you missed out on doge. not!!! as a doge killer. that just turns away any investor in doge for throwing serious money at shiba. shiba cannot beat doge at its own game -certainly not in the short term.
holding on shiba investing on amp 👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍
we must understand that the media press are not people who study about finance or crypto technology, all they want are visits to their page, unfortunately their actions all they do is give a bad identity of what is this great new world cryptocurrencies, adding the ignorance of the media plus the ignorance of people who do not want to educate themselves we have titles like this and responses in the market like this, also in groups where i am from shiba inu they mention that vitalik sold him when all he did was move shibas inu to another direction causing him to have less percentage something healthy, unfortunately the media is a cancer for cryptocurrencies, they are old school people, if they were different people and with a much more sophisticated financial education believe me they would not be misinforming or wanting to live on misinformation, more true less click bites
if you cannot accept this, you are like the person that says...we should not use curse words. jesus would be so offended. people need to stop taking shit so seriously. it's a fucking digital coin, and it probably will kill doge lol. wrap that shit in eth and get it over with...oh wait...dogelon already did.
doge and shib are siblings. haha
i think this post is hurting shib more then it having the nickname as the doge killer (which sounds very cool btw) why do you think half of us bought the coin? because of the nickname
agreed. community of peace ✌🏾 🚀
r you serious? or joke? zuahhaha
that's what shiba calls it, right on their website. we need doge capital to move over to shib, wall street billionaire elon is trying to play crypto god with doge, he recently caused a crash that caused average everyday people to lose money, stop supporting wall street if you are really for the people, shib is the real crypto currency for the people, look at the , actions speak louder than words.
clearly it was only made to piggy back of doge and was granted the name “doge killer “ by it fine followers . so eat the shit meal y’all cooked for yourselves . doge to the moon , none comparable !
but shibtoken.com calls is doge killer
bad publicity is free marketing, hasnt donald grump taught you anything in his winning campaign?
i put in a comment but know i feel wrong.very very good point...well said...
the developers of this coin is doge haters. can’t do anything
all good boys go to the moon
i just want this one to hit either $.01 or .10 area.
no evil should remain in this world lets market ourselves as the shiba coin of love
how about call it dogecoins best friend!
china controls this coin. you're all fools
faith of a mustard seed 🌱
you all really belive this guy is from india? seriously.
i am confused? i thought the shib inu creators called shib the doge killer. didn’t realize that started on reddit!
fair weather fans. shib is up if you haven’t noticed. just not up to it’s ath. great things take time.
just call it the "the peoples' coin", the coin that contributes to the effort of india covid fight.
agreed. shiba is shiba.not a memecoin.
delete shibaarmy and it will pump x1000
doge killer is a stupid fucking name. change the tag line now.
those who keep calm in difficult times, will savor victory in happy times
agreed... why take the shiba from doge and then call it the doge killer?
exactly, this should not be a dog fight.
make shib high class, not low rent.
i'll increase your instagram followers upto 10k for 50'll buy shiba coins from all of that money to support shiba army hurry guys i'll also post screenshot of it
convert dogekiller to dogebro and spread positivity
how is it our fault if your media sucks? plus you yourself wrote shibu inu so... stop being a crybaby just because the price dropped. it is and will always be the dogekiller.
ok i was wrong but my shiba still nr.1 to me
back in the hip hop days there were battles, people need to stop being such puss\*es. doge killer is what caught my attention the 3rd time after selling. there are what near 10 of these now -- it is great branding! i think it is more important than ever to diferenciate. also, elon is in bed with the government, gets 3-4 billion a year in tax right-off's - to send pretend cars into space that should, so let us stop pretending this, fake-up& his "ideas" weren't a "gov program" to even start with. durrr
if this is meme token what is doge?
yeah it should not be named like that
isn’t shiba calling itself the doge killer ???
shib the generous one.
doge coinbase listing + elon's involvement + new developments + building applications on the doge blockchain = .
new battle cry - help save india from covid - buy and hold shib !!!!
i agree!!! for the people not catching the new vision, they can invest in something else. this is the way 🙏🏽
we should show a positive frequency!!
what is the value again?
help save india from covid - buy an d hold shib !!!
i name thee, "doge-friendly token" shiba 🙏
i thisagree the title made this coin famous!!
can someone explain this coin to me thanks
creators called it the doge killer, it is literally the only reason shib exists. go and change the shib official web site so nobody can read that there
where can i buy it?
if btc is gold and ltc is silver then...we should refer to shib as copper doge! 😳. would we want shib to reach .00 usd?!
how do we think shib will progress
rather buy dirty socks token -
its gonna be alright guys, there is a light at the end of the tunnel, i am holding 150milion and i lost 50 percent but again its a fucking crypto, never know what will happen next day. just hold and wait.
we need a representative so i started a petition, any thoughts??
i vote we call it shiba inu " mans best friend" this is truly life changing. i believe!
shib on binance now, let us unite and buy more or if you have hodl!! binance also has a prize going on for trading shib! get in and shoot for the moon 🚀 get 10% of my trades with this link:
no rookie, it is the doge killer. it’s been for a year and now that the community is growing don’t go away from our roots
i like the way it is refered too
you all should really just cash out at this point and transfer to the real =do only good every day 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
this page is killing shib... like the lame homo post.
its hurting shiba how? look at the price chart...seems to have worked wonders. this is why big mouth little brain people could never create a successful launch and so many coins fail. how about we rekt shiba and listen to this rekted fool
its secretly jealous banter
hate is love in the wrong direction
every super hero needs an equal villain. exposure is key right now.
woah cool light bulb
call it shit show coin...new lows coming lololselll
flip your way up to .01
i sold my dot right before it started climbing 😄 the feels man
lol are you me? i bought right at the top and bought more when i saw the dip. now i am swimming in dips.
hang tough , pal. i have stories like that. several assets did me so well i just could not stand watching them double every time i took profits!
exactly lol. it took 8 years for doge to make it is rise. these kids want to be 16 year old millions with lambos on instagram. sorry kiddies, timing is everything. we might see shibi crash and moon multiple times before it makes the real hodlers any money.
i chuckled at this.
yeah like op, paperhands
if that is the case explain the price trend
curious about the '0 media attention' part? i see articles literally everywhere (cnn, bloomberg, mint, fortune, cnbc, coindesk, techcrunch, all covered the donation and mentioned shib by name)... and the charity receiving the donation has been pretty open about their liquidation of the shib via their twitter account. almost have to be under a rock to miss the coverage lmfao.
i hear you but there is so many things not answered about the token and until the developer comes forward with a real burn, we are not in the same token we invested in according to his take on a white paper , 'woofpaper'. if you bought a fridge freeezer in town and got it home and the fridge freezer started cooking the food, would you recommend your friend to take his hard earn money and buy one also? you would if the shop owner said that is a one off and would not happen again. but if you went back to the shop and the owner was hiding in the back and did not come forward about the issue, you wouldn't recommend it to a friend, you would think he was a ceeyyounntee!
it’s on the main page... so is this a nick name given to shib by shib?
thank you. as soon as i saw those posts about changing the logo or the message behind it, without realizing that doge-killer only refers to shib coming after the being the real people’s coin, i was like man do we got a few snowflakes on our hands. lol. like i said before… strength through unity, unity through faith. we gotta keep faith in shib and the shib community. and let’s keep this community something we can be proud of a newbie seeing. sure you can voice your opinion, but changing this coin to suit you, without understanding what it actually stands for isn’t the way. hold on your love for the coin and hopes for what it can be in the future, not for what you want it to be to suit you. and also all coins are taking a hit right now from the bitcoin energy hate. because like it or not we are all tied to grand daddy bitcoin. so looking through bitcoins history, this is only a bump in the road. keep calm and hold on, spread the love for your coin and we will get there eventually.
>shiba be tanking and i'm sure the constant bickering in the community this token is supposed to be about creating isnt doing it any good what soever and it will probably keep tanking as long as half the damn community thinks everything is wrong with the coin. want to have control of a coi on? then go make one otherwise shut it and buy and hodl.literally all positive up until a day ago when whoever posted saying literally change everything about the coin besides the name. well now it is now just a meme coin, now it is a we dont want this meme coin we want it all changed. seriously stop it your doing harm not good as interest in shiba is now plummeting and partly because now when new people come to see what this is about it is just a bunch of dumbies going look how much shib i bought, or hodl 492847 times, or upvote if your holding to the moon or then this crap about changing the whole coin we dobt like it. tap onto that the 1.1 billion donation to india that is gotten 0 media attention and you could say shiba it is in a real state of affairs if this shit doesnt turn around. it was one thing when it came out and didnt have all this bad press in the community let alone the lack of anyone media wise giving a rats ass about the donation. christ even india didnt say shit. > >is shiba just a floundering meme token doomed to sputter along while it is own community destroys it?? hard to say but alot of you arw sure pushing for that to happen with your stupid attitudes. as long as money does not corrupt your heart you can drag millions of followers with you, but seeing it from my point of view i will never be your follower, because i follow the ways of god, i am very proud that part of my money has been served to support a good cause, i wish you good luck if you sell your coins do not worry that i will buy them and i will donate part of them to causes as humble as helping people in need ... god bless you always ...
haha...that's a new perspective with a lot of sense which i did not think about! and now i cannot get it out of my head.
yes, currencies like shib have amazing use and proved case with charities. using shib for donations across the world is such a great thing to do!
you want to protect the palestinian people, tell hamas to stop firing rockets. pretty simple really.
this sub is demented. doge killer is the only reason this coin is even moving. the vast *vast* majority of people jumping into shib are people who feel like they either missed out on doge or that shib can capitalize on doge's weaknesses. we do not have to have a toxic rivalry with doge, it can be a friendly one. but the minute shib"doge killer" is the minute this coin thisappears into obscurity. remember that there are literally zero fundamentals in place and the value in shib is entirely social. we can all cheer and shout about this and that, but everything is just promises and none have been fulfilled. this sub is insane if it thinks shib should ditch its one key defining factor.
i love 'shiba inu - top dawg' !!
top dawg!!! yes 👍
shib trading volume is down dramatically, at around .5b from a high of nearly . still much higher than it has ever had before, but you should not expect much change with volume that low.
wow! what an arguement! hahaha
then, go to other coin, dont be with us...
i already bought 6 mil more in this dip! ;)
even me. but i think it is going to hurt in long term if its kept referring to that. infact, i believe it fuelling doge more than shib.
i did read it as a matter of fact and i am sure that you have read only one white paper of a crypto in your trading career (if there is any). just because the white paper calls it a 'dogekiller' does not make it one. if my fart is more 'deadly' than coronavirus, then would you make a vaccine for my fart as well? argue only when you understand tech, trading and sentiment analysis.
i will pick a team the day you can tell me the future value proposition of either doge or shib except 'to the moon' or 'dogekiller'. p.s. - i hold 0 doge, fyi. p.s
that will put it above xrp not going to happen
there is no coins to burn.
the guy makes a good point. you should be banned for your degenerate wanker response
little do you know but 90% of trading is based off of human emotions
hahaha! not venting, my friend! had an observation and posted it.
already cried did...cried myself to sleep last night! haha
the wealthy class divides the working class so that they never truly get anywhere. if the working class believes they are getting somewhere, that’s only what they want you to believe.
i bought it and shitloads of it. perhaps, i was wrong...the name dogecoin wont but the ignorance of certain people will bring it down! lol
to the mooooon! happy? haha
yes, and btc down from 60.000 to 47.000 now, so what?... is normal.
forget doge, is scam like gamestop...
no, just shiba, doge is scam like gamestop...
fuck you too. you wrinkled old ass bastard! go suck elon's dick!
doge is a scam like gamestop...
you can go to other coin... we are ok...
go to other coin if you dont like, we are ok...
noooooo!... we are shiba inu not dogecoin...shiba have a project, doge have nothing and is a scam like gamestop, soon we will see the results.
and bad boys too...
simple, that is the true...
because you said it?... forget it.
shiba is not friend of doge or any coin , is just a business... that is chilthish...
forget doge scam, ... just hold shiba inu...
firelama is more stupid name and nobody say nothing to you,,, hahahha
to be honest, even if elon musk started shitting dogecoin, it would not ever reach 10!
for my op, i meant - to the mooon!! happy, expert?
sorry, with my op i meant to say - to the mooooon! happy?
selfless honest integral bountiful altcoin
ya'll downvote this guy, but the thing is, he probably is not wrong. while i will say after reading the woofpage and seeing what is going on, the shib devs have really great ideas and a really great thing going on, and it could in fact be far better than other cryptos in both short and long term. the reality is, this dogekiller shit is what we all see at face value, and it is an immediate turnoff. to be sure, the more of this type of crap i see, the less i want to be part of this "community" because it really is not a supportive community. you have a ton of people on here every day telling you to push the devs to change their image, and now you have the op here telling you that it essentially took away most of the gains in a new nation it may have made because frankly it was too toxic to be associated with directly. if your response to someone being honest is to just downvote them, then i do not really see us using this forum in a way that is constructive to the community. i'd like to see this community come together, continue to do great things, and go far. but right now, i'm not exactly sure i feel it is going to do that.
get it back, get dot in staking and forget for a year or two. this is not trading advice. but do not use your shib for that, it is a loss once you sell it 😱
feels like summer at the swimming pool with all these dips i’m taking :-)
i held and just bought some more this morning! onwards and upwards
ah yes, too bad they did not click the x10000000 button. could've have changed their lives 🤣
i upvoted...so...how do i withdraw from your comment? i want my meme money. i earned that.
it has to be so fast. literally 2 seconds max
you have to buy wenlambo for that mate lol
the devs are the ones who named it that lol this community thinks it knows better than the fucking creators and it’s super annoying. buy and hodl and stfu
but heres a like anyway
maybe on written articles, havent seen anything on regular news or main news sources about it. and those that did mention it made sure to ephasate that it is a meme coin and isnt really valuable or will become valuable. they hurt shib more then helped with their comments.
yes you do, since cnbc, cnn, and all them lefty-anti-consumer groups want doge. they want btc to be the only one. also, believe it or not, a lot of the new investors into crypto because of doge, dont even have twitter, or even facebooks. a lot of the new crypto people are the older generation who are finally getting into it.
that guy is dumb ass.
well, thats one of the phenomenal aspects of this dezentralized project. many streams working on different parts and the community to agree on what path to follow and materialize. coming back to leash i think it is a very "valuable" move to follow the current woofpaper.
lol. calm down clown. so israel can steal their land, their homes, demolish their homes, kill their families... attack them on their holiday while they are praying. and to defend themselves, they are the terrorists. have you even ever considered the alternative. that you are wrong and you have the issue flipped. that they are losing on basic human rights??
go read the woofpaper. that is literally the farthest thing from its only defining factor.
really? you did a survey? lmao i did not miss out on doge and made some money on it. some of which i put into shib. i'm thinking about putting more but when i see the toxicity here it makes me want to look elsewhere. i do not think i'm alone in that. although i did not take a survey either. that is the truth
salty doge hater. to the moon!!! 🚀
guess we get rewarded just for holding
your comment was dumb. if being doge killer is hurting the coin... why has the coin grown so big being the doge killer? i swear some of you people do not think before you post dumb shit.
i just gave my opinion. i guess you're angry that you lost all your money.
nah, you decided to back a coin as backlash to another coin. out of jealousy, fomo, idk. but you did and now you're worried hitching your cart to that horse was wrong? i mean how stupid, "dogekiller"? even in this thread you see how many people bought in over something so petty. and yeah people will shout "no it is, different, it is better because x, y, z!!!" that does not matter though cause you pushed it like a political attack ad instead of evangelizing its merits, while at the same emulating the look and brand. i do not get this weird fanboy shit that all these crypto subs have going on, which has gotten unbearable after doge's recent success. lie in the bed you made. if it hurts your coin being tied to doge then maybe you should not have based the brand image off of it, the hashtags and catchphrase off of it (), and supported it out of a negative place instead of a positive one.
i do not necessarily thisagree, but i'm getting really annoyed with people battling each other. most of us probably bought this coin because of the dogekiller aspect. now people are talking about wanting to change the logo because it looks "evil" or some crap like that. i think the logo is awesome and i would wear that on a hat. i feel like our community's current state is reflecting on shiba as a joke.
do you understand the price of this coin doesnt even have to go 5x to replace doge on market cap leader boards? what analysis have you done exactly? if you were as woke as you claim to be you would have done a few simple calculations to find what price shib would have to reach to "kill" doge... you should know the price only has to 4x to take doges spot for 4th highest market cap. that's right a shib worth 0.0000710 will kill doge. by the way how far along is your fart vaccine? have you been approved for human testing?
i just didnt like how you responded to a fellow shib hodler in the comments, you came off hostile, snooty and were talking down to him like you are some sort of crypto guru, thats read every white paper (as if that means anything) you can pretend like you did some technical analysis ... and know what you are talking about but the truth is you do not. and im not attacking you, we can all do technical analysis. the price of crypto is determined by supply and demand, nothing else. if there is more buyer sentiment then seller the price will rise, and vice versa. the truth is... shib is a meme coin, deal with it. if you think otherwise you're wrong. go ahead name one use for shib... ill wait. what it comes down to is 2 communities fighting for a spot on the leaderboards. the leaderboards being the market cap. whats the matter? can't handle a little friendly competition? were not actually killing doge bud... were taking their place on the market cap charts! join a team! its shib vs doge with or without you!
you hold a currency and you want it to get whacked! haha...think before you type mate! noob.
"when they go low, we go high" - michelle obama better ignore him.
just make a report to moderators like i did.
you should be banned for wanting to ban people you fucking loser
70% of all stats are made up on the spot
put your unhinged emotions away and use your brain
google onecoin and you'll see
the fact that this coin blew up as the doge killer and people are trying to change it so they don’t get wrecked in doge is pathetic. doge is ass coin manipulated by elon musk. shib is doge killer
no need to yell brothero, you invest in what you like
hey fuck you. he’s my boss and we do not tolerate that kind of behaviour. i’m older, wiser, richer, and more damn powerful than you’ll ever be.
time will come when all coins(swappable) so no need to inflict hatred and animosity between supporters of their respective assets. we are all in one boat, it’s just all these crypto assets are in their different respective cabins, we share the same food from the kitchen in the same boat.
love not hate boy love
next level comic enters the comment section
is it available on binance? i can only find ×100 pls help??
damn it, scammed again. i'm going to be riding into town on an army of dogs.
the devs decided to make it a community token, so if the community wants to rebrand it is in their right
if you mean you have not seen anything on tv about it, sure. but several of the outlets that covered it are what would be considered 'main news sources' (cnn, cnbc, bloomberg). and it is a memecoin. and the money that it provided to india is real. maybe not .2b worth but significant. it did not go unnoticed. it's too soon to say what the outcome will be, but atleast some good has come from it regardless.
that's because the main stream media is stocked full to the rafters with moronic, talentless zombies...who sputter and vomit out info that was force-fed to them by either our super-corrupt government or the big tech dick-holes who are subsidized by said super-corrupt government. it's just one big suck...
in real life i do not pussy foot around anything i say, and that has its pro's and cons are you trying to tell me that adding more tokens to this thisaster is what they game plan is to fix this??? i am in crypto years... let me rephrase that, i have understood money and crypto for years! adding more water to a sinking ship does exactly that!
hope you can explain your terrorist fund raising to the fbi.
tell me one thing on the white papers that is been implemented.
banano has a great community!
i do not know, i was just trying to give you something more obvious to look at for why price movements have slowed down so much. i do not know anything about shib, but if tokens are burned on every transaction and transactions have decreased dramatically, it seems like lower volume is a double whammy.
i was born dumb! hahaha
hahahhaa, ...i dont lost any money, i have shiba from 0.00000008 and gained more for 10 times even if lose 1 cero... different than you, maybe you are lossing money with the name doge killer?, ... well, if youi dont like go to other coin... we are ok.
lol. the dip that never ends.
oh i completely agree! changing the logo would not look good on shiba. i kinda like its mean look! you would not believe the kind of arguments you get from doge vs shib movement flag bearers! haha
lmao op is a douche bag, my cringe is cringing from trying to talk him down.
so, according to the research you did in the last 10 minutes and deleted your last comment - the entire market will remain perfectly where it is now and only shib will go 4x or 5x (please confirm since in the beginning you said 5x and later you said 4x) to replace doge. hmmm...i must say pretty woke research from your end. kudos mate! you forgot to mention 'to the moon' in your comment. fart vaccine is proving effective! first clinical trial is successful looking at your result!
man, i apologise if i came out as hostile, snooty or a jackass. it was not my intention. and if i did come out as that, to be honest, i am ok with it. i honestly, do not care about doge or it market cap or the matter of fact that shib will take its spot someday. demand and supply - anyone with basic knowledge in economics will know this. this is basic principle of literally anything tangible and intangible in the world, not jusr crypto like you ever so confidently tried to school me about. what you interestingly mentioned is the word 'sentiment'. my whole post was about this. fucking sentiment. how do you expect people to have a positive sentiment about something which is called 'meme' in all major publication headlines! you go ahead with you shib vs doge narrative. i will go with mine which ofcourse, do not need useless arguments like these when i am in for a long term. cheers.
yea i do want doge to have a run for its money, competition = rise in prices = bigger returns on our bags! im always thinking, and i have been in the space for quite some time. to be called a noob by someone who thinks shib is not a meme coin is rather insulting. stop while your ahead, and chickity check yourself before you wreck yourself!
haha! calling me a bitch or a loser would not change what i think blowjobbetty.
well yes but people that know what they are doing know how to manage their emotions when it comes to investments. a new investor that invests in a asset like shib as not had the experience to handle the up and down swings hence the panic selling
i am not yelling, is natural i write caps sometime.
hahaha! dayum...are you for real?! i agree you are older but knowing where you work - trust me, your neither wiser, richer or powerful than me!
you wrong... the business is not based in love, ... just take advantage of the opposite or enemy... i hope you never go to the war, because you will death easy...
it is available on crypto . com
i thought i hit the x100 button but i must have hit the -x100 button by mistake?
it's on binance as well.
yes, it is available on binance. that’s where i bought mine!
yes, you need to buy usdt or busd then buy shib using which ever you've bought. (search shib on binance & it will tell you what you can buy it with)
just saying, apple vs microsoft, no one lost. they’re both still killing it.
where are the devs? cuz from what i've seen on here and twitter there is barely if any communication from them to the community. i could be wrong i'm just asking. i know the anonymous person who made the coin responded after vb sold to india which did not say much imo but i would think they would be alot more involved with this
agreed, i just wish they would stop trying to enforce its meme side so much and raise that it can and will have functionality over time especially if we as a community come together and create ways to use the coin. thos donation was in essence a great idea because it gave the coin a purpose, but it needs to continue this way and try to thistinguish itself from other meme coins to give it more value and usages.
how do you not know what the devs plans are regarding the other tokens? it's spelled out pretty clearly in the white paper. not sure why anyone wouldn't read that... especially if you're unsure about what you've put money into...
you are butt hurt. one day, palestine will be free.
50% of coins sent to vb. lol. you said 1. in all seriousness, faith in the developers is the gamble we have taken as early adopters. if you have none, sell and move to an established coin.
bad is not it lol.
and here you are still...typing in after every minute.
i did not delete anything, why are you are so mad, down voting everything i posted... i couldnt help myself... i simply had to put you in your place for that one line you hit the other user with about how you have read every white paper. and you are above him! that was probably the cringiest comment i have ever seen on any crypto sub. be humble my son, you are an amateur. not better then anybody here.
honestly after reading this im like, how did this retarded 12 year old convince his parents to buy him shib? im done. 🤣
hey, dont sweat it, i apologize aswell what's the point heh the doge vs shib narrative is a healthy one if you want to make money! trust me, these are infact just meme coins! they have little to no use cases, sure you can buy dallas mavericks merch or a luxury car with doge... you can just as easily do these things with fiat. yes of course we would all like to see some value, and a purpose for shib. however currently it is a meme coin, a meme coin is not necessarily a bad thing look at cousin doge... how far it has come being called a meme coin since 0.5 cents by every news outlet. i honestly believe that the 2 communities will become large enough to compete or race... for the higher market cap. and it will be very profitable for all hodlers from both parties. it will make headlines, attract more investors and dont forget about the fomo yolo shooters. literally the great meme coin race of the 21st century. creating.
'yea i do want doge to have a run for its money, competition = rise in prices = bigger returns on our bags!' wow! do you actually think this is how it works? i must have completely misunderstood everything l knew about crypto trading in last 6 years! anyways, all the best with your investments, my friend! agree to thisagree is where i want to leave this argument.
shut it fatty. you have no life or respect bullying your elders online.
this whole thing is based on a dream to empower people with their finances, not to fuel hatred.
i'm wrong but the world is base and build on love your bad
yep, by far the easiest method to buy shib. straight and to the point, thank goodness for that haha.
he was asking is the x1000 button avail on binance, he could only find the x100 button...it was a joke
i am choosing to be optimistic. i was a little shocked at first when vb made the donation and it tested my faith in the coin, but the more i think about it, the more sense it makes. and this is why i'll hold to the moon or to the ground.
expect a knock on your door terrorist.
...this is why this sub is insane.
don’t do crack. love my alcohol and bacon!
hahaha! and you are the messiah or maybe the flag bearer of shib vs doge movement. apologies for the 'delete' thing - my bad, it was someone else. about white paper - i never mentioned this in my op or anywhere on the comments until it was bought up. read the entire comment before getting butthurt. humble - so the new meaning of being humble is saying 'to the moon' or 'dogekiller' or 'gonna reach usd 1 soooooon'. will keep that in mind. my op was very simple and to the point. if you cannot wrap your head around it or you do not like it, then just ignore it.
oooh...ouch...personal attack. i feel so bad.
agreed to this without being a jackass! hehe i honestly believe, coins like shib have an amazing use case with cryptoart, cryptomusic thistribution and charities (of course!). only time will tell its implications once more people adapt to it.
why? do you go? or maybe you are a dictator that can not listen the others? doge killer is the best...
the hate or love is a important element in any marketing, in this case is the hate ( in good sense, maybe reject), because you cannot love your opposite in a business competition,... is like if god love the devil...
love and hate are two face of the same coin, ... when the people kill in a war is not for love, is because need survive, ... is same in the business... eliminates the enemy for survive.
do they let you sell on there ?
lol...i spent a friggin week...trying the convoluted bs of a swap to buy. i finally got a bag...but i was so crazy when i'd finally done it...grrrrr then i see the week after...it is on crypto.com i'm ok with the fees. and they do not take a bunch when i sell or buy...it works for me.
yeah, not yet on binance.us ☺️
both are incredibly successful companies with different target markets.
sadly as of the this and last week it seems to be going to the ground. sure hope things turn around soon, pricd dropping non stop for over a week isnt going to help the coin move forward anytime soon. i'm sitting on 48 million and will hodl. its just really nerve racking right now with all this nonsence
you still talking shit buddy?! you’ve got plenty of time on your hands i see. most people that don’t do crack say “they dont do crack” lay down the crack pipe and find something constructive to do you numpt of a degenerate yid.
i'm on both fellow shib
competition in business is always good, not only it drives the value higher but the product advancement also improves. but one thing people forget that we can also increase the price by sharing the profit for both the producer and its competitors. it’s a win win situation.
you suck as a troll
yep. u can sell on crypto.com. they send the money through interact for cad
huobi was far easier and there was no wait for the tokens to show in my balance!
i'm right there with you. but honestly, just hold. i doubt the 48,000,000 shares broke your grocery budget. it took doge quite a while before it broke out, as with other coins. in the meantime, research other crypto investments that have solid projects and invest in them as well! this shit is supposed to be fun, not stressful!
lol i know what you mean. it looks worse than it is though. big dips expected while india unloads the coins and the panic sellers who were expecting overnight moonshots bow out... hopefully you did not over-invest because this is definitely a longer game than originally intended. vb changed the game a little but the goal is the same. we'll be glad in the long run.
better is make the competition hate their product and come to ours... because that will avoid the scam doge will do like gamestop did.
oh never used, so i can transfer stuff from metamask to crypto.com and won’t have problems selling ? do they settle in tether or usdc ?
so that’s the only way ? you receive canadian dollars ?
nah just .00001250. i stuck it all in crypto.com earn so its locked in for 3 months at 2% apr. so i'm now mining about 7.5k shib a day or more. 👍
agree with you here.
on crypto.com you can sell it for uscd, tgbp, or just directly into fiat usd.
i just jumped on kraken. tbh, i love it compared to coinbase. coinbase looks like someone with no programming skills or platform creation experience compared to kraken. that being said, i must thisclose that i do have coinbase stock. so, i am rooting for them all.
what are you looking for? move to other crypto? there are plenty of options available but the app is kind of buggy and slow a bit though
nice! do they pay the interest in shib?? i have mine on cdc as well but have not staked them yet.
ok so yes usdc ?! awesome i’ll try it
oh i just want to sell some shib or convert into usdc or tether, i’m gonna buy some actual pups with it :)
yep with earn you earn whatever you stake for the earn. so if you stake shib you earn shib
i transferred my ethereum from blockfi to crypto .com in about 24hrs. fastest transaction i've ever experienced. i did have an issue directly trading rth for shib though. got usd first than shib.
your call. try. im holding everything though. no matter what. i invested small amount so if i loose everything, it will be a lesson for me.
yea i don’t really mind man i invested 800 bucks few weeks ago it’s like 20k now so don’t care to spend a few grand here, but can you settle for usdc or tether ? cad is worthless to me
damn. you got in early.
i’m pretty much sure you can. give it a try. download it. but the verification by the company is taking lot of time though
mmm not really, just when they first mentioned shibaswap, just threw some whatever money at it lol i think it’ll do good later on but ya know enjoy it a bit
ohhhh they are kyc. . that’s right, is there any restrictions like binance.us ? like if you live in nevada you can’t buy anything on centralized crypto sites usually
to be honest, i’m a noob here. sorry. haha... i see few ppl posting screenshots of crypto.com from us as well. i use debit card for transactions since it won’t allow credit cards.
care to explain what coins are you looking at?
care to explain what coins you are planning to buy now?
ohhh it’s cool, i’ll just give it a try
polygon, cardano, internet computer, uniswap, i still hold shiba as well and thinking about grabbing some kishu and akita just for fun
i'm a small business owner and i'm waiting for the day i can tell myself to fuck off
it is gonna happen. i did last year one crypto got to a point where it is lifelong peace for me my family and my siblings. i was able to load up on several bil shiba and am holding. i tell you the day you tell your boss to get lost , it will be an awesome feeling. mine offered to double my salary, and said is there anything i can do to keep you. i said you cannot ever afford me and good luck finding someone else to put up with your crap like i did for 20 years. hang in there and keep positive. when you see him just smile at yourself and say to yourself " if you only knew what's coming and why i am smiling"
this meme hit the spot today !!!!!! …... this has been me since i bought shib in may of this year !!
i need to get my resignation letter ready.
patience do not be those fucking losers that sell every 10 days... the shib army is fucking winner's
seriously. im just waiting for the price to jump so i can get the fuck outta here and live my life the way its supposed to be lived. free
one day i hope! i am a bus driver in the uk and would love to tell my managers and passengers to fuck off lol. sick of getting abuse from passengers being spat at, threatened etc lol. sick of 14 hour days 😅😅
i cannot wait to tell my employers and coworkers to fuck off!
funny. me and my boss are checking our crypto 😅
i'm already retired so i tell everybody to fuck off
i actually don’t hate my boss or coworkers. i’m not gonna tell them anything when i leave though, i don’t owe them a thing.
i feel this deeply. it's the main reason for getting so upset on dips. because the dream i have of owning my own time feels like it is slipping away, not because i "lost" .
much love but i'm out 🖕 when your boss is in the same sub reddit as you lmao ur fired!!! 🤣
we need proof when you do do
i plan to take the irish stepfather exit, just get up and walk out for "ciggies and milk" without a word when everyone goes to lunch, never to be seen there again.
in 6 months you’ll be handing your resignation letter. trust me bro!
honestly man, i’m a young investor that’s in college with 30 million shib to my name. i just hope that by the time i get my degree shib will be worth enough to put me and my mom in retirement.
man i hope it happens soon. finally got a good job after years of college and working shit jobs to get experience. and while the pay and job were great bosses were dicks. was all set off to head out again(contractor) and literally the week of i got called and told be were downsizing and i was let go with a bunch of other people. (idiots and aholes were kept on of course) so now looking for work. sadly i only put like 300bucks into shiba a few months ago and my other stocks i bet on went down the tubes. man i wish i had put a few k into shiba last year.
i am waiting for day to tell my debt to fuck off
your time will come...
i just spend all my very hard earned savings on shib. it was for buying a house with a loan but i invested it all on shib. 53k eur. i own 280m shib and im shaking😵
yup….this is the post.
one day boys it’s gonna happen patience is key
i legit imagine this day every day i step in this mother fucker i
shiba is the way, shiba and evergrow paying off nicely this week
let me correct this...if i can tell my wife to fuck off. i married for money, she is not bad but the biatch do not want to buy me a lambo.
🤣 i feel ya pain💯
one day... one day...
😂 😂 facts 🎯🎯🎯
like an addict searching for his next high 😂🚀🚀
and also telling my boss that he is fired
this is me every morning. but i am staking my shib so i can’t sell till at least january anyways
lol this is gold.
this post is everything
yeah i'd love to be able to tap out of the earned income world. the dream is alive, good luck.
the struggle is real...
don't forget to use up all your sick time first! haha
oh man, i can relate to this, except not really tell them to fuck off because i like my job. but to be able to retire semi wealthy, what a dream!
my boss and coworkers are great, i want customers to fuck off 😂 25mil wont get me there alone but its a decent start
i do not have much shib...and my coinbase app is getting slow...but, people have billions of shib...their struggle is even more.
hope you will not fuck yourself man, be careful out there
just keep it run for a couple years, and yes, you'll tell you man f off for sure.
a few years ago i told my boss to fuck off and a few days later his boss gave me a raise.
my state of mind for the past 3 months now
as a mailman that is really tired of working in the cold winters this hits close to home.
this is our bonfire of dreams
i mean you might say in them bam. we hit a dip. whats you plan then?
i've invested in shib i have 100mil shib, i'm 28 years old, so i'm hoping i can retire at the age of 40
honestly, i love my job and make great money. i just want to have enough to pay off my parents debts and ensure they can retire in their home country living lavishly. they deserve it
omg is not that the truth!
few days ago my portfolio went up 3k dollars during my 9-5 shift. safe to say i was constantly checking my phone, getting that dopamine kick. got a lot of shib, doge, btt and matic
can't wait to say this in the mirror! 😂
dis iz da wey.
small business owner here also having same attitude f...off.
each morning waking up with same hope!
i didn’t wait, i do that every day looking the mirror 🪞 practice makes perfect 😂
i’m just hoping for .001 and i’ll be happy. even might get horny and wait for .005 if that is even possible
it's not my boss i want to tell to f off. it's my boss's boss.
this is totally me.
word every gawddamn day i wake up man lmao
waiting for shib to hit kraken in hopes of eating one more zero 😂
that's like dime territory for me... probably not possible
i know how you feel, i own restaurant and i can’t wait to to tell my self to fuck off also
am i the only one that will probably still work but just have a new house and a bad ass new car?
every fucking morning my alarm goes off... sooon... hold strong y'all!
i got 20 million shiba and also pick up some , it rewards your busd for holding!! 🙏🏽🙏🏽🚀🚀
i can relate went from 9-100k waiting for 1 mil 😂😂
that will be a glorious day
keep buying people, we will all be free...
hey guys, the real move will come in december, the only question is if everyone decides to sell at 1 penny then who knows what will happen.
just keep holding. do not stress out and be patient, you will be rewarded
once you hit your number to quit your job... what's your plan to continue making income with the profits you got and after paying your taxes?
years man. gonna be a couple years
i still hold millions of shib but my rainbow token is shooting up, got nearly 10billion coins for 20$... hoping it gets close to shibs current price and i'll be retired for rest of my life!
spoiler alert:. you cannot.
ain't gonna happen. we get the run ups too late. i got in early on shiba and still waiting for some real money. i've made good returns, but it's manipulated by a group that we are not invited to join. becoming a crypto millionaire is a lottery ticket.
imagine being in a relationship with your boss...
it could happen sooner than you think. check it out! ' [ ' [
i’m just starting to get back into crypto what would be the best app to buy shib in?
why not invite you boss to join the shib army?
be careful man not to fuck your self
yup still gotta set my alarm clock
after leaving a draining small business i owned for over 20 years, i can tell you. do it sooner rather than later, i've had the best 2 years since leaving it behind. you really do not realise how much you have to put in and most importantly how little you get from it.
this is the way 💯💯🤣🤣❤❤❤❤🚀🚀🚀🚀👀👀
man, running small biz is brutal. i hope you can f\* yourself off soon!
same here, but i call all my clients bosses and i have 60 fuck offs to give.
you can tell yourself in the mirror to go fuck yourself. literally.
we can help you with that. any time that you need us to tell you to fuck off, we'll be there for you. the shib army be giving out free "fuck off" all the time.
here’s your sign … fuck off
this is a stroke of mad genius. thank you. just, thank you.
nice. what crypto was it out of curiosity?
that must be cool and daunting at the same time. im only a few mil shiba in and already check at least once a day but its meaningless money. if youre on billions cant imagine how nervey that can be
you’re being nice, no notice for me. just piss off ,and here’s your laptop back
it's fun just planning something that was out of reach, look up templates, type up a few as therapy and close you eyes and imagine when you give resignation. i just did mine over the phone. in person he would have been very aggressive after telling him and him begging me to stay...i just hung up and never answered his calls...
i’m sorry. i take the bus everyday in london. i smile at the bus driver when i tap my card and i also always make sure to say thank you when i get off. thank you for getting me to my locations safely.
something for you: [ the fucking bullshit that bus drivers have to put up with. i do not know if i can handle this shit for more than 24 hrs. i'm surprised the bus drivers do not shoot up those people.
same, we both answer to corporate though.
while i'm at it...fuck off 🖕🏼
i really like my job. i went back to college very late and busted my fucking balls to get a degree to do something i want to do. and all things considered i basically have a dream job i worked years to get. if i made tons of money i might not even quit. i would just use my weekly paycheck to invest in other coins and play around with. my brain has been conditioned by capitalism to the point where i just do not know what i would do with myself if i had all that time on my hands and no work.
same. i enjoy working with my team. just do not own my life. tired of giving up my time to something that i do not care about.
'owning my own time'. love that phrasing. that's the dream. owning my own time'.
you might wanna edit that. people gonna be sending you pics you probably do not want.
i'm feeling ill for you.
omg dude. i felt risky for spending £1200
i’m confused. i hold 250 mil roughly and it’s about 19k. where is this ,000 valuation coming from?
if anyone is interested in buying rainbow token it is on this exchange can still grab billions for cheap
yes the best one yet
i know what you mean it does take so much of my time. i do residential plumbing service work and some new home plumbing and make great money but man the amount of paperwork to end every work day is tiring
my friend owns a small business and with the pandemic, you can just see the life drained from his eyes. he is getting old and he is a 1 man show so he needs to carry and haul everything around.
i started my small business roughly a couple years ago. it’s certainly more draining, but vastly more rewarding. i make more money than i’ve ever made working for anyone, don’t have to put in time request, call when i’m sick, or ask to leave early if i need to. with that said of course id rather just be rich off investments and not do anything, lol.
i already do this sometimes
can you imagine being at the billionaire stage and shrugging off a multi million ? insane!
i would wipe my laptop and work phone, place them on the desk, and calmy walk out. with a huge smile on my face. there also a chance i may throw my laptop through the conference room wall, and run out laughing like the joker. i could go either way at this point.
big jobs and corporations dont give a fuck about us, so why give a fuck about them 🤝 i have the same line of thinking.
i just noticed that thanks.
i work up north in yorkshire. we get some nice folk like yourself however a lot of people seem to have a chip on their shoulder and just seem to absolutely hate us. people board the bus, they do not even look at you, they do not communicate. it's a lonely job when no one likes you because of the job you do. i could go on 😅😅😅
not everyone is american bud
i didn’t say i was going to just sit on my ass all day. i have my own aspirations in life, i’ll be glad to have more time to do the things i am interested in
agreed. i finally got my dream job and i'm loving it. boss is cool and work is very cool. i'm just gonna chill and enjoy the ride.
i think i will run with this phrase now
people can’t message me or send me friend request or chat message. you can block that setting on your profile 🤷‍♂️🤣
once shib eats a zero i will sell a bit to get my 53k back and hold with the rest😪
i hold 40 mil at 1k i’ve done good i guess
oh yea. cant be a one man show. you have to delegate tasks. team work makes the dream work.
i tell myself this every morning.
i am wishing everyone a great success on their shib ventures. shib is for the people by the people. do good for the poor
almost no one is a billionaire through crypto. comment above was referring to billions of shib. (and yes i have heard of .7b guy). the top wallet of shib right now holds
wipe is a must...look at dwipe. works well, takes time so take a sick day or two and work on it.
noice, nah. don’t give the the satisfaction of having to buy it. the wipe is a nice idea. i’ll borrow that one
throw a slice of cheese at your bosses face and then run away
i vote for the joker exit.
don’t mind them! misery needs company. protect your own energy. i hope we all win this year.
i mean i don’t ever get the temptation to sell. i’m happy to hold but i wouldn’t dream of putting in 53k lol
problem is he does not have the means to have employees. i can only help him for so much with little to no pay for long hours of work and inventory.
i'll post a video, if it happens.
i kinda like the logo, but 💯 on every other point
* burn some tokens
i really dig the logo though. i think it should stay.
i like the logo
i think the logo is nice. it does a well job at reflecting the community and developers behind it.
i agree with everything except the logo change
so what you're saying is... after every single exchange listing us without any budget...and us doing all this...switch everything? oh...okay got it. hey i think mcdonald's should lose the fckn arches. what are those anyways?
logo is fine, a consistant token burn protocol would help stabilise the price somewhat
and burn some token for god sake
i agree the doge killer is a bad name. both can peaceably coexist
like everyone else, i don’t think the logos an issue it’s got like a simplistic look that’ll probably be thistinguishable when more people find out about it
the logo is the only reason i put 4k on this coin
do not change the logo!! i joined because of the badass logo!!
nah. leave everything. fuck a actual dog lmao
the current logo is fucking epic!! 🔥 🔥
burn all remaining tokens with vb. real burn... not fictitious "burn" claim in the main website. otherwise, that statement in their website remains a lie. >the remaining **50% was burned to vitalik buterin** and we were the first project following this path, so everyone has to buy on the open market, ensuring a fair and complete thistribution where devs do not own team tokens they can dump on the community.
i do not mind the logo but the linework on it is not very good
i kinda like the logo. nun wrong w an angry dog
keep the logo as is, don’t change it
imo the banner has got to go too
the only one i thisagree with are the teeth, have you ever owned? i have had 4 over the course of my life and own a shiba$...lol think cat with more personality...they are great dogs but they can be a pain in the a$$...
where the fuck are the mods in this group
agree with all. right now though the last one has to be the priotiy, we need much more communication, more professional communication (not snarky chilthish tweets or vague tweets saying "soon"), clear details, and full transparency from the devs.
gotta love these posts like our plans did not get us here. lol lawl
wtf the logo is the shit! don't touch it.
if it aint broke dont fix it lessons from a wise man 🤑
i initially bought this coin because of the logo. i thought it looked badass. as opposed to that doge logo. lol
i agree with this i think we all need to also put out more memes or even info into the world or tell people how to buy shiba as well, it doesn’t matter if you use facebook instagram twitter tiktok whatever just put it out into the world and people will start buying! shiba and doge are bros!
who in their right mind invests in something nicknamed the doge killer then decides they want to change it after the coin goes up 20,000 percent. i’m dumbfounded.
wtf is with theese ppl man im here since early february and noone ever had problem with name “doge killer” wtf did you guys grow pussies ? it actually killed doge in gains i mean fr what happend to these people to og of this group ?
don’t you think you’re a little too demanding? is it your project? did you fund it?
this is awesome! but how do we actually get change?!!
what would make a real dog pic cool for coin? plz explain what’s wrong with the logo now. then remove killer so it is less aggressive, i want this coin to aggressively gain momentum. everyone purchased into the coin knowing exactly what the coin was about. if all this was wrong, then why in the hell did you put money into it. must be a woman! no offense ladies, just like marriage. wait til you done purchased the goods then try to change what you got. wtf! ignorance is blissful. please do not change a thing about shib! we all invested knowing what the coin was about, and the potential of shitcoins in 2021! then leash,bone, and shibaswap. the looks or the quotes of the coin haven’t hindered it anyway, why fucking change it?
who are the developers? are they active in the community? it looks like they’re not caring too much about investor opinion
keep the logo please! it’s not mean looking dog! it’s a badass dog and it reflects the true image of the shiba army community!
bro i get where you're coming from,but that is just turning it into a doge rip off...
so shib is getting traction and pretty quickly... so you want to just go ahead and change every single detail about it. shit ya that sounds good... ;-)
you guys did not sell when it was up so much? you do realize this a pump and dump coin right? the gains have already been made lol
i thisagree with bullet point 3. shiba’s are inherently aggressive, just like the charts.
dam op, would you like fries with that?
i first learned about shib late march. i decided not to invest in it because of the looks of the website and the art, thought it looked scammy and not professional... ugh! missed out.
all you need to do with the logo to make it look less aggressive is get rid of the little black things on the corner of it is mouth. makes it look like it is bearing teeth. otherwise it would just be a normal dog. the actual one wouldn't look right on a logo.
get rid of the teeth don’t call your self the doge killer
i love the website!! it’s not easy to get something so clean and fun!! it’s very well done and is what makes me believe in the coin more than the typical coin site. i don’t see it as chilthish. i see a lot of attention to theme detail and an effort to make the site not intimidating, which this coin should be.
...and memes! i'm giving out original nfts to the top dedicated shiba inu meme creators.
burn!!!!! too many tokens
please just leave the logo alone it is awesome
i like the logo. stick with the logo.
i'd agree with points 1 and 2. point 3 maybe not too much change at once as this is the symbol that shiba inu coin is currently known for and we are at a very important stage of growth. point 5 redesign the website, perhaps, but more importantly launch shibaswap etc. point 5 absolutely critical. dev teams let us know your thoughts and plans. we want to know whats happening so we can market and promote the good news
let’s focus on follow the woofpaper, we need to really burn the coins mention on the woofpaper. the covid relief wasn’t burning was a humanity help which is awesome and a pr strategy which is also great. this creates a good exposure indeed, tell us what’s going on. our believe, support, loyalty and money also depend on good communication, at the end this is also a business. we won’t lose our money on ideals or mysteries. we will be stronger the more you communicate with us.
dont send the coin to stupid vitalik buterin stop doing that. burn the coin make this coin worth. this shib make me lose money when i buy at high price.
could the doge community infiltrated shib community to stir up things and cause trouble for shib? a conspiracy i know but not crazy...
i want the shib coin to be a 1$
burn the fking tokens
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who is going to tell the guy that just posted his tattoo that the logo might change?
red colour looks good on the background but yes the shiba inu logo could change to a more friendly look
what about shibaswap? is half month delayed... but seems everyone forget about it...
[earn shibs with bitcoin mining](
don't try to fix s... that is not broken. over 100k members here. everything is great... current logo pic perfect... no need to change for some girly looking dog ... and yes we are the dodgecoin killer. this dude is trying to make this strong shiba special force to some little b... group😇😇😇😇😇
shiba inu is not good… i brought in at first thinking it was good then i looked at the coin number and realised their was 1 quadrillion coins. this crazy, the coin should never go above 0.001. 50% owned by one guy, believed he wouldn’t use it. 500 billion coins… he sold 5% and tanked the coin. he still has 45% and can do it again and again any time he likes… i wouldn’t trust this coins future, i love the community and people will make money here but it’s not logical to use as a currency.
your theories are shit. the logo is dope. the website is simple and easy to understand illustrations do not need to change as they are easily read and under stood by the viewer. your argument only complicates things you don’t like it go start your own coin and community
burn is the key to the moon😷😷😷
the flat original design is good. all that need changing is be emotion.
the problem with comparing shib to doge is the fact that it gets dumped in the category of 'meme' coin. which is negative press really as far as large scale investor is concerned. shib just needs to work towards their goals to actually become something that is of value (company standpoint) and then the meme token name dies. then with the value increase they can put more into becoming the best version of themselves. i think the initial 'doge killer' got the name out. the marketing was good value for a time but its served its purpose now and it is time to move forward. i believe shibu has a great future in the crypto world. you keep doing you. peace and love.
i think the coin is perfect. just cause it dips when the entire market dipped doesn’t mean you have to overhaul the coin. be patient jeez
if you loved your comunity burn much more tokennn and fucking warn vitalik for do not dump it without any announcement !!
y’all are asking for too damn much. i truly can not with this community.
yall are wasting your time and money. just get out and invest in something that actually has a future. shiba already got a really bad rep and it is only gonna get worse. this is financial advice. pull out. put it on matic. look up real projects with low market cap like moonwolf. do some research, do not buy into hype just because you saw some ads.
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i love your approach to logo. it's just cute and friendly. from marketing standpoint much more approachable.
and a friendly logo does not go together! the logo is great and represents the power of the coin! keep it as it is , please!
would be good for vb to burn as india covid fund sell. would keep price balanced. this would also get the cash in the hands to start doing great work in india. they need to get the help asap
keep the logo. it worked good until now🔥🚀🔥hold!!!
i agree with all the points except the logo. this logo is now being used across various exchanges and have given an identity to the coin. rebranding it at an early stage of the coin brings a sense of thisarray for new investors.
burn some tokens... its all over the white paper the words 'burn', and they have not burnt a single thing except their holders!!!!!!!
they can mantain the logo, but with a few changes... change the eyes to a non agressive ones and change also the mouth. something like this... (i've made it in paint in 1 minute)
vampire teeth are elongated canines...
yeah shiba looks like too agressive. we should make it cute
just get rid of dogekiller
hold... not sell... lambo
the way this is… bemay🥷
i'm with you on those points. i would add: 1. redesign logo to be friendly looking shiba but keep it animated and not real dog face. it's more trendy 2. refer to doge as family support, we are family and family is always stronger when together. 3. arrange burning vb wallet. this is the secret to further success and regain trust. also, will be perfect move to bring more army along the journey. i hope you consider my suggestions
it's too late to change the branding. it's gotten too big and recognizable at this point
don't worry about burning because vb is doing the burning for us that mofo will keep donating our $$$
1) i've seen other coins with the actual name killer in it, we’re good. 2) doge is good for us, it brings news and hype. being that we are shiba inu and the doge logo includes a shiba inu dog, we should focus more on making that understood. naturally people will want to find out the difference, voíla! 3) i like the strong features on the logo makes it seem like a idk a ... strong coin. 4) the website is great, but we really are looking for is shiba swap to be super functional and responsive. i agree that some of the terminology they use might be 'odd' to new users. 5) it would have been nice to know about the billion in doge, but next big thing is shiba swap and we see it on their website. i feel it dropping this month.
hell naaaa 100% keep the logo the same
don’t change the cool logo, just change the doge hatred.
naw dogecoin killer must stay!!!!
since shib dev cant burn the token (cause dev hold no token) and 45% of it is supply currently in vb address, i think shib dev can make new shib token (for theory purpose let us name it ) with new contract that have certain burn mechanism and give the shib holders a certain period of time to exchange their old . and after that period of time the old token would no longer have value and all shiba ecosystem would be base on new . so shibarmy no longer worried of the idea that vb can 'rug' us 😅 and i believe the new tokenomic will be better for us (45% of the new ). what you guys think 🤔
actual dog? no. keep the mean looking anime one.
these are not out fucking priorities. when people see shib going down more than all the other coins, they look for official communities for clarifications. when they arrive here, and see a bunch of retards posting memes about why shib is not the dogecoin killer, what do you think they will do? will lose trust on this coin, and they will panic sell. nice job, tards!
i'd say put a priority on changing the lame logo...and all of those points are great. whoever made that list is sharp!
i also favor a more friendly doggie face! this has held me back in the past from investing.
ok if we do everything in this list we are going to be actually (fu\*\*\*\*ke\*\*d). this is the most stupid thing i have ever read. i can infer that the person who wrote this probably does not know anything about marketing and also it is new to cryptocurrency (probably a dogecoin holder). about your to-do list point by point: 1) being the dogecoin killer is our idiosyncrasy. we have a very cool and scalable project going on and dogecoin is a useless inflationary coin pumped by a guy that is manipulating the market. 2) we do not need to talk about dogecoin in this group because this project is superior. 3) changing the logo will literally kill us. the team of developers really nailed with it. 4) redesign the website...come on just do not pay attention to this guy. it is a waste of time just to read your stupid list. no offense, but... the only thing we need to do is keep buying a holding. by the way, i'm a general in shiba army >>>500millions coins.
haven't you guys realize that this is another scam project? prepare to lose it all if you have money in. 1. not following white paper. 50% burnt was not! 2. mysterious dev! 3. not communicating with the community! wake up people, wake up!
y’all smell that??! smells like selling out... should just make a new coin instead... being a villain coin was my only reason of buying in. i guess evil can’t win. 😈
although i would 100% "at this point" agree with the last one! the rest seems like a very boring and pc opinion. not sure that is what shibainu is trying to develop here. much more importantly, what to do about vatalik literally killing the trust of large and small investors in shib. that 45% seriously needs to get burned, obviously. without that happening does the graphics on the site seriously even matter? knowing vtalik (wildcard) has 45% left to do with as he pleases made me stop investing, instantly, sadly. yours truly, shibilli u
you can so all that when tou have the bone to back it up. if not then be quite. shiba has been doing fine the last 3 months with out your suggestions. when shibaswap drops and 2022 comes then you can vote to remove or change things untill then just stop. upvote 🆙
100% agreed. post this on r
shib is over for mad gains. watching all the shib positivity now is like watching a life raft go over niagra falls. 😂
totally agreed on all the points you listed! the coin graphic looks way too aggressive and the shiba seems almost cretinely will bite if anyone try to pet him. hopes the admin team can see this.
down for everything but a logo change... mostly because i already got the tattoo on my chest
stop with the fuckin cancel culture. it's this fuckin slogan and pic that got you here. leave if you do not like it.
fuck all of this
but i like the mean looking dog
these ideas suck. ' leave it as the doge killer and do not change the logo or website. ' people that have never done something always wanna tell the doers how to do it. show us by example and start your own damn project.
the logo definitely captures the personality of shiba inu dogs. they are independent, territorial, stubborn and active. the expression on the face is also very similar. i like it.
dogecoin killer all the way🚀🚀🚀🚀fuck a lame
unless vitalik burns the rest of his tokens, this coin is worthless. it already has no liquidity because vitalik used it all pulling the rug.
you are all so desperate omg this is tragic. sold my 200m at 0370. just get out this thing is tanking so fkn hard it’s kinda tragic at this point.
can we get the wall street bets guys to pump this.
doge killer is perfect we love the name
true i agree 💯💯 logo can be the same but other things i agree
send it to devs, they do not care but you never know
i agree with all except logo change and website redesign. websites ok for now and the logo is already to well known to switch.
basically you want it to be 100% doge copy??
i think the logo is what differentiates us from doge. i think it’s dope to be honest. i see no issues with it. the other stuff yes. but leave the logo as it is.
i think unless bone is released and the community can vote for changes. otherwise it won’t happen any soon.
this is the holy grail of posts today. if this list can be accomplished our chances of success are exponentially better. literally everything here i’ve thought about
yea the “doge killer “ could be removed. but it did bring the coin a lot of its early investors . personally i like the mean shib look lol it looks aggressive . if i wanted safe happy dog i would go to petco i own doge and shib . not trippin . fuck the cancel culture. nobody is going out and killing doges 😂😂
i've been doing graphic design for 22 years and your correct that coin logo needs to be replaced.
yeah the website needs a proper professional looking rewamp. the way it is now, people would not take it seriously.
yes please!, and i agree we need a new logo but a redesigned variant of the current should suffice we do not wanna become unrecognizable
i agree with all this besides the logo, which could just be a bit cuter
i like the logo though, it’s cool.
i don’t agree completely the most successful crypto which no one knows who the actual developer is had no impact on its success lol
leave the logo it is great and is aggressive in the sence that this coin is going to aggressively take off to mars. nothing wrong with that. the rest 100%
we can at least give our dog a bone 🦴 doge starving over there💩
a very very minor edit to the logo is not bad idea, i wouldn’t change it much from the original.
good suggestions shibe, logo just needs happier expression i think
no logo change that would be a really bad idea
shiba is a killer dog ,a hunting dog, thats his purpose
definitely do something about the website. the “chilthish” graphics do not inspire confidence in the coin.
i like the logo though!!!
call it long cat coin
the logo caught my attention, i absolutely do not like the new shape
down voted the logo, hell to da f’n no
all sounds good but keep the logo, its iconic at this point of time.
i actually like the logo, i say it stays.
i think you make some fair points.
i will invest more. it carries a better image towards its purpose
well, if we want to become accepted, the fastest way is not to compare us with doge. we are unique and if the swap will be launched shiba has a good chance to get more and more followers:) i think we should ride on the wave that shiba was the currency which got donated to support a very hard suffering country india. this is a great opportunity that shiba can become a coin of value for the world.
what shiba’army needs is a more nodes gain for every single like in fb, retweet, upvote and yoututube views! the way the army can defeat all these companies at once! they already done it with their platforms!
being the ‘mean’ or ‘bad’ doge is pathetic. be true to your own true nature and be unique. anyone who pays attention to others business first will always be a loser.
just the last two points.
especially since the “donation”. i am holding 16,000,000 but it’s been in a spiral since. just as we were picking up steam. nothing on the website., no updates of any kind.
i like the dog
4 hours account on reddit and all of a sudden your big balling? cmon now what gives?
i made a post way better than this and it got 2 comments. you are a 4 hour member ... wtf is going on
i would like to revise the to-do list: 1. 2. 3, not competitive to doge. 4; 5. us, kraken and webull (shiba now only can be purchased on crypto.com, and uniswap with eth from coinbase wallet and trust wallet; and robinhood is planning to list this coin which is the good news and the price shall be going up soon) 6, and billionaires to endorse and be involved in.
the logo is fine. doge killer is fine for now. nobody that owns doge (like me) gives af. the overall sophistication of future marketing should be sophisticated to match the level of effort the dev’s put in and that the army has invested. make bone logo appeal to the masses. hold. grow.
buying a . think that’s a good start? hoping i didn’t miss all the fun het
don’t touch the logo
good plan. they'd better act quick. i'm seeing interest fall off fast.
everything but the logo
community’s thing is fine
i agree a little more work on this coin and it could take off...
a community finds many leaders within! give them a voice and it will thrive
this is the way. awesome
pi network is doing all of this 🚀
i approve of this. make it so.
i have owned a shiba and i love the dog but they hate strangers.
i’d also add, bring in skilled mods (or train existing) to increase the quality of content
i love the new logo!! eye catching, heart warming ❤️❤️friendly, and loving, perfect!!!
i like when stuff gets done! release shiba swap already!! get it out there
don’t change the logo
yes i agree and this is the right way, if not then we all can turn around and find a different way to go! it's our money it is our power we the people!
also: add something in the tokenomics that actually directly donates to dog rescues. asking users to change their current amazon smile donations is far from charitable!!
no it’s name recognition. leave it all alone. we are visual animals.
logo change is a no go
we need all the shib investors to back this up, this is very important to the future success of this coin.
agree with every point on here. though, for the record, the shiba is both a hunting and war dog. i'm sure modern shibas are probably bred more for companionship, though.
lol do not change the logo ❌
if doge is a bro, that evokes the idea that the assets are correlated. why not just invest in doge if that were the case? dogekiller conveys the narrative of the underdog reaching doges marketcap, taking it all. that's better marketing. you guys do not understand memetics at all.
completely agree on this! we need more people posting this type of things. ! 🚀
we need communication, agreements being respected and milestones reached on time. we did not need that shitty vitálik publicity and it backfired in the worst possible way.
i love this community .
i’m good with the list 🤙🏾
agreed with all, but that logo change is a nope.
only thing i agree with is the communication point. devs are tight lipped about the swap and transparency about many other things.
decentralized. no team. only people.
yesssssss i love all these suggestions the current logo looks awful like something a 5 year old made
yeah get rid of the furry bullshit
i liked the website. that was one of the reasons i threw money into shib. however, the 'bone' 'leash' whatever stuff was confusing and seemed silly.
two years in and we just started an audit with a company known to certify coins that had rug pulls
maybe we can assist the dev team, assuming they are under the pump. how do we reach out to the dev team and offer our assistance?
they want to come across as a meme because that what is trending and having success. if they look to professional it unfortunately it doesn’t sell well, they are riding the doge hype. add to the to do list. get back 45% of vb shib and try to get back 5% from sandeep. we don’t need power holders in this ecosystem
we just need to hold. it takes time to really take off. we got the foot in the door. now we lvl out then start the claiming. this time in october we will be up a zero.
musk pooped on crypto and i think they should keep the doge killer theme. it should be a direct competitor to doge and everyone should bail on his coin and come to ours.
it is the built around the community. but its quite rare see our voices in this sub heard. have seem many requesting a banner change. till today no response.
hahahha never saw the "teeth" i always saw it as a dog holding his mouth tight xd, but yeah, a redesign of the logo would be cool
please do not change the logo it unuqie and got my attention as well.
keep the logo...burn 3.9999999...trillion tokens.😌
mean pup > actual pup
sounds more whiny than constructive, this worlds too soft
i still like the cartoon look better. plus burn some supply.
the rest i do not have an issue with, but definitely do not change the logo. it's simple and effective, and most importantly established and recognizable now. if it gets changed now to just a random dog, it will at best confuse people, and at worst make people think it is some ripoff scam coin and not the actual shiba coin.
hell even if they did nothing else and just actually communicated thatd be swell
shib should use more power 99% of the worlds energy
there is nothing wrong with shib! i think many think there is something “wrong” due to price movement. our graph is very healthy. should the community of shibarmy decide to evolve the project, i’d suggest contacting the devs and that any changes be decided via staking your shib for governance votes once the swap is released. i would support that and in the meantime, i fully support the same shib i fell in love with a few weeks back!
y’all realize the picture is just a picture? that is not coin art gtfo here. downvote. shib is perfect the way it is. if you don’t like it gtfo!!!!!
8 hours on reddit?
fuck that mean dog go grrr. shiba the fuckin killer.
op, i love it!!!
best thing i’ve seen
i agree with and as the biggest point but it is obvious we not hear from the developers on this matter. at some point it might be better to stop constantly bringing up and pointing it out or embracing it. there is already a small part of the doge community who take it personally because doge is their first venture in investing and their pride and joy. i do not know how to reach out to ryoshi besides his twitter that promotes his medium account.
absolutely right but to late. i don’t believe that it will change. that negative vibe killed the flow already.
once again, yall must all be about 15 years old. i cannot wait for you to lose all of your allowance money you're parents gave you commanders, err, i mean chief's. wait, generals? hahahaha 💯💯💯💯
we are the community! some really great suggestions... can’t wait to see what they decide to do🚀🚀🚀
i like the logo!
i sorta like the dog logo they have now
agree...promote positivity. this is the way.
these are some great tasks would definelty improve coin marketing. anyone wondering where to get shiba shirts here you go, they also have more designs if you click on the brand: i think these shirts are a great way to promote the coin! i'm wearing one all day at work! and i get several questions.
whoever came up with the idea to change the logo is an imbecile.
shib going died...everyday die...how can like that...
dumbass doesn’t understand what a memecoin is and why everyone bought into shiba lol.
all of these suggestions are excellent! 🙌🏻
burn all tokens of vb 😂
communicate with your community more!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
sorry guys, the coin is dead
1. shibaswap 2. see 1. 3. that's all.
basically legitimise the coin instead of being a meme coin, and make it more friendly and inviting.
the first time i heard the name "doge killer" my attention went straight to the price. which means shib was designed to surpass dogecoin in every aspect
you had me on the first to, and lost me on the third.
the logo is fine!!!!! just do what you gotta do
burn!!! i l kinda like the current logo though.
also add: specify the goal of this coin because it is not clear. what is the purpose of this crypto? it's a coin to payment or what?
agree 100 on logo redesign to be slightly less menacing. i like that cartoon styles used and thino they should stay. just make it friendlier for the logo.
>the illustrations on the website look slightly chilthish. i do not think the word *"chilthish"* is the term i would use to describe them, but yeah, the site could certainly use better illustrations.
**hey! guys new to this community.**
people be holding this coin for 3 days telling devs what to do...
keep the logo , other points for very good. something should be done about the vb tokens.
no i stand behind my wolf 🐺 lets kill this puppy!!!
agree about the logo 😅
logo change i think could be acceptable
i hope everyone knows it’s going to be a couple of weeks or months for us to reach all time highs again. stop checking your tokens everyday it will drive you mad. invest into solid projects like vet or ada shit don’t miss out on ecomi token while it’s low. we all know the truth about these meme tokens it’s a super high risk.
i like the ideas. this comminity keeps looking like ponzi scheme though. i wish is not the case.
also do not forget to find more investor for joining this comunity find a bigger investor with a lot of money !!!
take notes from hoge.
what does shiba inu actually do? what is purpose of coin and reason for its existence
logo is great. i agree on the first two points though
that's what i want to say
i like the drawn logo more.
the community has spoken!!!
are we fucked? honest question
i like the cute logo.
logo change idea is terrible, sorry. og logo is great.
i love the logo dont be pussy cats now
don’t change the logo!!
like this is going to do something
introduce new coin.only can swab with shiba. burn all shiba...win2 for all.
accept defeat and head to the shitcoin graveyard...invest your money in tacos
quality post will it even happen, hope so but doubtful burn ppl is unlikely to happen and although i am holding 150m will we ever step of the shadow of doge 😥
nice bullet points. this will lure more victims into thinking this is a serious project 😃
why support somthing then ask them to change everything 🤣
burn some tokens so value can be increased for holders !!
burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn burn
i agree about changing the logo. you attract more bees with honey ☺️
yeah it looks scary as f man. i want to believe in something friendlier
i think those are the small points. the biggest is a burn mechanics. this coin will not get to 1 or 0.1 or 0.01 or so even 0.001( maybe) without burning. pleaseee devs burnnnnnnmnnnnn
99.9k members. we are growing in numbers fast
make bone token purchasable with shib only
and burn token! a meme logo is not a bad thing, but yes the doge comparison have to get deleted
wow... that is great, love new logo
stop trying to save the world and worry about your fucking investors, should be on that list as well.
i bought this because the dog looked mean and its a killer!
only last two make sense
do not changed logo ,it is cool
will we buy ? pls answer
first thing to do...burn vatalik wallet... don't give him shit when he backstab us like this
you attack our logo. we riot. it’s simple. the logo is us and we are the logo. shibtothemoon 🚀
this doge killer coin is going nuts
what is this? announcement from the dev team?
original logo is more eye catching
oh no, cry babies spreading from thiscord to reddit.
also make thiscord, telegram, twitter and reddit bots to tip coins. it helps
quemamos unos billones ???
what’s the term burn mean?
this is the way to .01
check this out tho
1- keep the logo and 2- burn vb’s shibacoins or there is no moon no mars no earth either.
honestly this subreddit is just posts about dogecoin
some men want to watch these tokens burn
this is when you realize at least half of the people here on reddit have not even read the website, let alone the woofpaper. get it together guys. there are no tokens to burn, but shibaswap will have a burn effect of sorts.
i’m down 30-40%, anyone with me? 😂
sell all that shit
lol this project is gonna fail so hard. i’m checking the flow of money. 1.4b is taken out for every new 1b- the whales. beware
i rather have the dodge community buying shiba as well not competition. why are we gonna compete against ppl just like us?
this is the way 👏
don’t - change the logo - logo is bullish af. burn some token it will definitely help us.
inferiority complex? it's publicity.
shiba inu the covid killer
burn 50% of your tokens. get rid off the damn killer crap and the freighting teeth.
definitely a true burn
they need to ask bv for the rest of the tokens back.
are you kidding me? most of us bought ?!!! actually at this level 0.00001 it’s really holding strong and i’m surprised that it did it specially with the vitalik case . my millions of tokens need to make me millions of $$. all you need to do guys is to hold what you have and buy more when you can afford imo please upvote if you agree to make others understand
shibs are the people's coin. investors helping the 50% "burnett,, to gain valeu, after it hits a nice price. the shib will help again the ones in need. if you have invested it means you can miss the earnings. and you help again the ones that need the money. that's why it called: people's coin.
if v feels generous and keeps donating he will tank the coin
burn tokens release shibaswap get elon burn tokens
i love the logo do not change lol
egold and pundix able to reduce tokens down to 99% total token supply i wonder can shiba find a way to do that as well.
i like the mascot dog on the website. i agree take out the word killer and separate ourselves from doge.
as a multi-million , might i suggest sergeant shibly?
ya there is way tomany tokens burn some and make it more valuable
we should also add like a “news” section. and highlight how . that’s just emphasizes our community and how it’s used it to help change the world. i agree with changing doge killer to something more peaceful and less aggressive something that encompasses everyone from different backgrounds. and with the logo as well and website design to be more professional. the public eye is on us and we as a whole need to set a good example
logo its fine 😎💪👍
og logo needs to stay
i like shiba the way it is
this is 💯 agree ‼️‼️‼️
add donate to india on the list
shiba launch. this is the way
lets see if they actually take the valuable advice!
pump shib up god dame it!! tired all this nonsense about changing this and that!! worry about the coin going up!! buy the fucking dip and hold mf!!!
i love that that they are more focused on the logo then functionality
why is shibaswap not ?
the logo looks chilthish...and it looks like an evil vampire dog or a zombie. it looks like it was made in about 5 minutes...with little or no thought put into it. there should be a community competition and vote for the logo.
totally agree, especially regarding website redesign. we need a more professional layout.
logo is perfectly fine
i agree with this to do list
not backing these at all.
the actual dog logo is better!
hi, thank you so much for creating such a nice post with suggestions. they are everything i wanted to say. your visual presentation is very good. please see my latest post made just now.
the way is burn tokens and share keys to be trusted ... lunch shibaswap not making blowjob to dogecoin . doge will crash 100% wtf 😡😡😡😡😡😡😡
i like the logo as it is
personally i only agree with the last one
i like that it’s doge’s villain . and think that’s what makes the coin and it’s value.
written by a liberal \*
i noticed that ripping hundreds of thousands of people off in your little “donation” isn’t on the list. cuz you already fucking did that. shits a scam coin and a ponzy fuckng scheme.
devs please do not make the mistake of listening to reddit on anything, make your own decisions 🙏🙏
this whole post was absolutely shyt. keep killer and kill those zeros! secondly, website is fire ya'll lil girls are trippen. lastly, keep doing what you're doing, if these shib holders dont like our project thet can go to the friendlier cute dogs kishu, doge and many more! shibaarmy!! woof!!!
just saw this post again and it pissed me off again, what karen thought this dumbshyt up, honestly.
burn is the way
please pin this to the top!!!! (can that be done?!!)
every single token is in circulation, so exactly how do you propose they get burned? who is going to volunteer to have their personal tokens burned?
burn yours. there’s no more tokens to burn.
we can do that, im willing to burn 50% of my tokens.
that is the way
they cannot , vitalik got them all!
how about people who want tokens burns start by themselves? burn 50% of your wallets shib?
sending it to vb did not work. may be send it to elon this time.
exactly burn half of them as was the original plan
burn both of vb's wallets and have them sent to the designated shitting street, for all of india to shit on, before they are pushed into the loo and flushed, never to be seen or touched again.
yea man that would be awesome. i know i read somewhere that they were going to burn like 50%. is that correct?
same. tbh we're quite divided in opinion with this post?
i say we do not change anything but burn the 50% vitalek gets, this coin would skyrocket to the moon
i wouldn't even say they are fangs. they're jowls.
i do not think is bad at all. but i think the mouth should look more stylish. just my two cents.
nah, the logo sucks. literally...it looks like a vampire. but it sucks as a design too.
i'm agree with you, we should not compare shiba inu to dogecoin but we should thistinguish it from it. that being said, we have to make shiba more friendly and highlight the potential they have
nah, that logo sucks. it looks like a vampire.
yeah the logo is actually super cool it grabbed my attention
shiba’s are asshole dogs too, logo fits, logo works.
the logo is dope
yep, i like the logo. don’t change it.
logo is the best thing
the logo f rocks!
my first thought upon seeing the logo was “why the vampire teeth?”
why change anything with it? why did you put your money into something so unappealing?
same. i’m on board with everything except the logo. the shib logo is dope.
the logo is lame\~\~\~
seriously great points!!! thank you for all your work! just know you can never please everyone and not everyone may see the greater picture of things. shiba inu has come so far. really the only thing that needs fixing is having a better support and mod team and a strong reliable subreddit to keep the community steady.
thank you and to the devs. behind you all 100%
op probably fomo in the token four days ago with borrowed money and is now shitting dicks
is that possible. ask the coins are already in circulation
dogecoin killer gave the media an angle.
please do not change the logo
hello bud... love from ❤️🇮🇳india. shp
fucking aye shibabruh! don’t change shit except the amount of fucking 0’s after the decimal. burn some tokens
that looks ridiculous right 🤣. cancel culture doing it’s work lol
what do you mean burn all remaining tokens with vb? they're his tokens now, he can do whatever he wants with them, the devs do not have power over them
real burn? can you please explain how that’s possible. how would one go about burning tokens without sending them to an inactive address? and how do you go about guaranteeing no one has the private key to said inactive address.
hahaha yeah ok vb will not burn he is holding letting some get out before he burns i do not trust him i sold my shiba in for a .5 x loss sorry but if want to be a coin of value shiba swap is the only way
i like the mean shib! sometimes a shibs hungry!
doge killer! yay! oh shit we just fucked doge up. ok doge we totally cool now right? we still friends right? ... right? ...doge don’t leave me . ...i love you doge!! 😭😭😭. well that’s my interpretation at least 😂 maybe a tad dramatic
i think they’re lowkey afraid of losing momentum and are trying to tie themselves to the more popular coin.
lol!!! awesome point... quit being a bunch of soy pussies and take some testosterone. where have all the "real" men gone??? smh 🏋️‍♂️
it's people who see that the dogs killer angle makes it a lot harder to invite in people who hold doge. it's smart business, doge's following is many times larger than shiba and it is really stupid to think that it can come out of the gate calling itself the killer and not turn off people who might have otherwise been amenable to it. y'all t heads need to put down the fucking pens and let some oxygenated blood reach your brains cause this is not hard to grasp, has nothing to do with cowardice just makes good business sense.
exactly. well said. if they make those dumb ass change proposals we need to dump the coin on these morons so they lose massive amounts of money for suggesting something so dumb. ' they wanna highjack the coin and turn it into a trash doge clone.
admit noob here. all crypto begins this way. buy & hold if you believe. i lost millions by not being patient with new coins and listening to negative voices. had btc at . doge 1m for , eth very early. learned my lesson and finally got a nice chunk with cro. shib has + and - ... buy, hodl, support the coin, and most importantly, be patient.
i agree... i'm only a commander with 91,000,000 coins... but i stand with the general lol
just for curiosity, what makes shiba so superior? technology? incoming burn? im personally horrified by the number of coins but i can easily hodl my 30m coin that are worth few hundreds
i think that’s clear unfortunately lol
i couldn’t agree more💪🏼 competition is the way
everyone a bitch now days dude
nay logo changeth yond would beest a very much lacking valor idea *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
**hrmmm fine, community’s thing is.** *-mydogeshotboyfriend* *** ^(commands: 'opt out', 'delete')
woah man, so glad you choose this project to say that, are you done?, cuz' there are a whole other bunch of fudders waiting in line to say exactly the same, go on mate, buy more , wish you luck getting rich
the roof, the roof, the roof is on fire...
to do list: 1 - burn tokens 2 - burn some more 3 - do not forget to burn tokens and keep the logo lol \^\_\^
unfortunately a direct burn cannot be done, the shib devs hold no tokens. they might be able to burn tokens every time someone buys or sells shib, or they could thistribute a percentage of shib during buy's and sells. but i do not know if it can be done, since shib was not built with these features in mind, another dog coin i hold does have these features but they purposely designed it that way.
vitalik can burn his share into the black hole since he gets 50% of it, since he donated 1 billion to india he should burn 30% of the remaining token he has to the black hole
% burn on transaction
the community will have to have a shiba party... ( look up doge party )
send to non shib wallet.
no need. vb did it for me
i still dont understand the reasoning behind giving those to him... unless ryoshi is playing some sort of philosophical game here? maybe he knew no matter what vitalik chose to do with them, it would be on him and somehow good for ???
vb's are not butned people thought that his 50% was burned, but he went and donated some of that to india. so it is not burned he can use it as he sees fit.
are you dense? just gonna ask for it all back from vb? lol
i totally agree. arrange to burn vb wallet
kinda there’s still a market cap we have to contend with
so i know it is a social experiment and all. but are we seriously buying on a logo... had i saw the logo and website before i saw some graphs and stats ,,,i would own zero 0 shib right now. instead im holding 10mil at .000014 thinking 🤔,,, if we crazy people love this to a penny,,, i'm down for social popularity profits... a little less cheese would be an understatement of a request. however if that is what it takes then roll with it.
i legit thought the teeth were just the corners of his mouth.
true. the logo looks nothing like a shiba dog in my opinion. at first sight it looks more like an angry cat.
clearly op invested in shib because of it is potential, rather than the visual appeal. what's wrong with suggesting improvements or changes to something you're invested in? they are mostly superficial changes but they could make a difference. i also agree with everything except the logo change, and even then i do not *thisagree* with op about the vampire teeth lol
calling dogecoin a hustle hurt it
“this” this is the way🤝
how exactly do you propose that is done? whose tokens are you planning on burning?
we all know this would happen when the sub blew up and i still feel like i wasn’t prepared for the amount of times this stupid proposal is made lmao
i do not think most people understand what a burn is because they give the impression they believe you can just delete coins willy nilly. any token removed from circulation is technically "burned." the 50% sent to vitalik was a burn as long as he never touched them. literally, the shib sitting in your wallet is considered burned too as long as you never sell it. devs do not own a majority of tokens though so they cannot just up and send a bunch to if people really want a permanent token burn like that they need to nut up and do it themselves. it's a community coin. there's no secret dev wallet holding shitloads of shib. they cannot do anything the way people want them to. the people buying shib right now have to be the ones responsible for burns. that being said, shibaswap should be the next best thing in the form of staking and farming. having funds locked up and inaccessible, even temporarily, will help drive price up because none of those tokens are being dumped back into the market. since the people here do not have the balls to liquidate their positions to a burn address, they will just have to rely on shibaswap to help lock down tokens from being sold.
i do not understand why this comment is getting downvoted. shib has no use case and the dev team has no actual plan outside of releasing another token. before the big spike last week, hodlers had been waiting for shibaswap, something the dev team promised would be available at the end of april. then pushed to the beginning of may. now it is midmay.
i want shib to get so big they come out with a shib killer
ohhh watch out. we have a bad ass here. put some base on your sentence
plain stupid if they want to miss gains just because name... thats not how you make money... if they want hold both man im ok with it but yesterday i read like 10 posts all of them complaining and fucking crying bcuz its “dogecoin killer 😭😭” wtf guys it made gains asf and you still gon cry :d
this is an investment not a football team.
what is kishu and where i buy it?
not really. it alienates all the doge holders and i’d rather have them buying
don’t need crypto to get rich, mate. just letting y’all know. i hope you all succeed with it. i do. but maybe you should do some digging. shits bogus. and yes i have been out. good luck to you as well. just don’t wanna see y’all getting fucked over
omg the woof is on fire 😂
tax more if a whale decides to dump on us(true shiba inu believers), e.g., 30% tax.
vitalik buterin burned 410 trillion shiba inu (shib) coins
"please sir, i know you just donated , but could you kindly throw away your wealth so we can satisfy our greed and get rich quick??" solid plan there, bro.
burn 100%... he should burn 100% of his tokens, so we never have to worry about being rugged by him, again.
this is what i like to see. every time there’s a sell order burn half the supply up until a specific amount. bring these tokens or coins whatever you want to call them down to a billion.
so... you mean dump shib and create a new coin, and migrate everyone over to that. what do you think that will do to the confidence of the hundreds of thousands of holders who do not read any posts in the community, jumped on the bandwagon because they wanted to get rich quick, do not understand what's happening, and panic sell?
send **what** to a non-shib wallet...? my tokens? no. yours? feel free, as those are the only tokens you have control over.
yes if he chooses to burn them he can just like he gave away 1billion worth to india
true. the business dog looks like furry stuff.
lmfao bro i’ve ever read anything so true
you should see the cartoon character for bscshiba...
reminds me of a cereal box lol
>adequate >adequate >adequate *sees this comment* >perfection
nah they do look like this
far *far* from it. the vast *vast* majority of people jumping into shib are people who feel like they either missed out on doge or that shib can capitalize on doge's weaknesses. we do not have to have a toxic rivalry with doge, it can be a friendly one. but the minute shib"doge killer" is the minute this coin thisappears into obscurity. remember that there are literally zero fundamentals in place and the value in shib is entirely social. we can all cheer and shout about this and that, but everything is just promises and none have been fulfilled. this sub is insane if it thinks shib should ditch its one key defining factor.
shib killer names's vitalik
yea ! waiting for the shib killa money!
a football team is also an investment, and like shiba, requires good marketing to attract supporters who will buy it and participate in the ecosystem.
-20 token, “meme-coin” that was launched recently. you can purchase it using ethereum on uniswap. set your slippage between 1.5%-5% and pay the highest miner fees to ensure your transaction is promptly validated by the network. the rocket launched on . check out .
they will buy regardless of how we view doge. you can’t hate money😂😂 that’s like saying doge can’t hate on bitcoin or harmony can’t hate on ether... sounds like a make believe scenario my fellow shib
yes tax the rich lol
500 bil is fine with me it’ll hit around doge levels that’s enough to rake in a million if you’re holding 2 mil or more, diamond hands will be rewarded in years with lambos and comfortable living.
no i mean burn a % on transaction then the price goes up because there aren’t 1 quadrillion time since
i'm not. you asked. i answered. don't be a tool fool
the worst case scenario in my mind, is that vb uses his remaining wallets to basically give them to 20 other charities, so we not only have the vb rug, via the "gift", but we have 20 new rug pullers, lined up to cash out as soon as we recover from the vb rug... constantly cashing out, leaving the investors a zero sum return on their investment. think of it like a tick, or an intestinal parasite, slowly draining its prey... the shib holders never see any profits, they are instantly leached by the charities, who grow fat, and fall off, while you and i see drops in our shib holdings, for years on end.
i agree , the more we can troll doge the longer we can play the game
and you think that it would not happen because? nobody invests in a coin based on the logo or slogan. they invest on the tokenomics or possibility for capital gain. saying"dogecoin bro" does nothing except shill dogecoin. shiba inu token has nothing to do with dogecoin token.
you might be right there and if it were the stock market i’d 100% agree but i do think people have gotten a bit emotionally attached to their doge coin. lol so i can see some not making decisions based solely on money
and you say that because you and every other person on the burn bandwagon do not understand how these coins work. coins are literally programs, computer code that has been written and committed. the mechanism of burning on every transaction does not exist, you would need to create a new version of the coin to do this. crypto is not magic, you cannot just change something on a whim like that.
no, you did not answer. not even close. whose tokens do you want sent to a non-shib wallet?
yea i understand that
like the frosted flakes tiger.
yeah looks like a off brand box of doge
i get that you think that. but that is literally not the case and dogecoin being as big as it is proves that. most of doges base does not know anything or give two shots about tokenomics. hell most of the people invested in shin do not either or they would have chosen something like sanshu which is deflationary and thistributive. most people are buying in at this point on two factors competing for first place: potential for gain, and the community (that why they are called memecoins). doge wouldn't be as big as it is were itnotfor the community that kept it alive and the slogan that has been guiding it. and if you think this slogan is not turning doge buyers off you should check out this post.
why can’t you just send x% to an eater address? go somewhere else with it goober.
i did answer...but its good to see your cranium is as thick as your dogemelon body. bad shib. sit.
who tf is "you"? you asking me to send **my** coins? you first bro.
ok, listen. this is the actual source code for shib: [ inside there is a contract (function) named `tokenminterc20token` that has a burn functionality in it, starting on line 471: `function burn(uint256 value) public {` `_burn(msg.sender, value);` `}` the problem is that there is *nothing calling that function*. you would need to rewrite the transaction functions in order to actually implement what you are suggesting. you cannot edit the code as is, it is already committed to the blockchain. therefore a new coin, shib v2, would have to be developed and everyone would need to be switched over to it, every single holder and all of the exchanges. it's is a completely non-trivial task.
christ you're stupid. blocked.
you might be about 5 points slower and bush jr. it’s like speaking to my toddler you take you so literally and sure if they had a 50% burn for vitalik to burn his entire 450t hell yeah down for that but for you’re slow ass every transaction a % is burned for instance you sell 100 coin 95 goes back into market 5 thisappears into a separate wallet or an eater address. again go somewhere with your 0 problem solving skills no ones talking about you as an individual because idk you and frankly idc what you do.
ok, go for it. burn them on every transaction, knock yourself out. let me know how that works out for you.
holy shit too perfect
all dogs to the moon 🌝🚀
definitely it’s a sign. all dogs go to heaven.
all hail the shiba 🔥🔥
subhanallah (glory to god!)
the goodest of bois
this just means all dogs go to heaven (the moon)
also...just in: playcent to add shib to their payment infrastructure so shib can be a form of payment and add utility. link from twitter:
one small step for doge, one giant leap for my pockets! 🚀🚀🚀
that’s cool. but even without the dog shaped cloud that’s a beautiful view. no need to invest you already made it!😀
omg. its the return og the shiba
it’s an omen for the rise of the shib dynasty...
buy buy buy & hold...
i’m slow. it took me ten seconds to spot the dog.
i’m the 1k upvote 🙌🏽🙌🏽
i'm new to this community, so, glad to be welcom with a sunset, goodvibes i have reading so long, maybe, its people, the only true richessness
ok i need to make a youtube video on this. is this real? let's go shib army💪...
it's gonna be a great day!
hail the canine lord.
haha nice ! love it
no wayy. ıs it real or shop ?
is it a bird? is it a plane? no! it's a...
when leash on exchanges guys?
hi everyone i'm hoping somw one can help, i transferred my shiba from my crypto.com account to my metamax on sunday and it still has not deposited in my metamax account. how long do these transfers usually take?
above the moon 🌙
all dogs go to heaven!
shibarising on the shibhorizon!
y’all made that up i’m dead 😂but to the moon anyway
what are the chances of this!
sign!! sun set or sun rise , i hope it’s sun rise 👍
beautiful. remember to tell people that shiba is not just about crypto, it is about a better world where people can reach out and help others with out asking for permission. buying shiba helps one of the worlds most populated countries fight back against covid 19 and against dictators. 🐶
it's the motherfucking ☢️ sign
red sky at night sheppard's delight, that means +1000% pump tomorrow, it is time to double down.
don’t do this to me...my soul is after miracle moments like this
fuck it i'm getting another 5mil
damn even heaven has invested into !
hi i have a question, can we cross the 20 cents in next 1 year.
dogs to the moon 🙏💎🙏💎🙏
i saw one this morning while walking my dog. a hooded oriol. colors were yellow orange and black...first thing i thought of it is a sign for shiba inu!! never seen one of these before.
where this picture is clicked
all dogs go to heaven ⛅️
protector of the people!
no its the sun 😂😂😂
yes!!! the sign we are going to 0.0004 - the goal is the constant and consistent increase!!
hold hold hold, and burn if you can, we are much powerful than what you think
well i’ll be damned. what more advice from the universe do you want?
it's a sign of reposting 🤣
photoshopped or not... pretty cool!
what the likelihood it’ll hit .01 or more?
let’s go! hold out till we’ll after shibaswap! community first!
i seen it right away!
what is a safe and secure wallet for usa, where i can store my doge and shib?
so all dogs do really go to heaven
waiting for that next dip so i can be adding some more shibsssssss
that's weird cause i swear i've seen shib's in the clouds too.
ill move to america if shib goes to 0.1
absolutely amazing! the heavens always lead home 🏠
no way that is real... lol... i have chills... lets gooo boees
where’s the best place to buy this crypto?
all shib to the moon
what i see there is a australian safe sheppard or in its short-form .
is that sunrise or sunset the sign needs explanation
shiba 🚀 🚀 🚀
nice street lucky u
he said “let there be doge” and so it was 😂
it’s the holy shiba
doge and shib to the moon
literally, dog is on the sun!! we are not going to the moon, we headed to the center of the system., where it is hot af
go to sleep. you've got school tomorrow kids
all hail the rising shiba! 🤘🚀
yea a sign that we all got duped and bought into a worthless shit coin
it is bro. i need buy more
lol love it !!!
reporting for duty ... woof!!!! 🚀
mufasa giving us a sign to remember what we must do...hodl and buy!!!
all dogs go to heaven!!!!! heaven being the moooooonnnnnnn 🐕🌑🌘🌗🌖🌕🌔🌓🌒🌑
shiba yesterday, shiba today and shiba forever!!! shiba to mars!!!
damn thanks guys didnt expect this to blow up as much as it did. this community is the best
wow... god bless... •°shiba
omg ! i'm playing who let the dogs out all night long! 🤣🤑💰🌛🐕
shib to the moon 🌑
all dogs go to heaven!!! 🍻🚀
all dogs to the cloud?
awesome picture!! our beautiful shina pup mascott!
this is definitely a sign
swap the picture and you thiscover the shape of the shib token value
yes it is. but bad one. sun is over for our belived shiba. thank you for this ride. i am kidding, hold!
what the : 🚀
straight from the gods!
you better bork those dips
0.00001 let’s go lol
bruh -60% in less than a day
its a sign to not buy lol clouds lol... sign lol are we in medieval period ...no one is burning ... no one the number of wallets will never stop growing everybody wants to be rich so nobody burns... this tokens is a fail powered by greedy poeple
is this florida or ca?
this sub is peak cringe lol. is everyone buying this coin a child? from all the posts it appears so lol
yet another thing stolen from doge...👏...do you guys have anything original or ...
a sun 'set'. it'a a sign that everything is gonna go down now. they had their fun. the dogs are going back down...😂
stop biting from dogecoin and start being original smh
hmmm it is isnt it!?
part of the goal of a growing community is to share everywhere and invite and encourage all we know to get in!! our community must have successful residents!!
cant wait to get my paycheck and yolo on shib
wow!! i love the enthusiasm we must stay excited and keep share outside of this platform with others - our goals is to keep growing and growing and growing
it's a morning blessing
i find this funny...isn’t there something about not making a profit off of stuff like gambling (which this is) in islam?
😂 doesn’t matter, something to look forward to and feel good about it.
have you like never looked at clouds before lol? are you genuinely surprised the clouds make shapes?
anythings possible g, trust the process
the whole market tanked... will be back up soon
i've got a pretty original video of me plowing your mother
why are you here? :d
maybe a little "too perfect..."
yolo is my thing right now! my brother died at 28 because of meningococcal, cousin was recently diagnosed with meningitis and had 3 ops done on him but he’s fine at the moment. makes me not care so much about having anything actually but i won’t block any blessings. it’s the grief talking and there are always positive things to look out for in life and acquiring great wealth someday. just a word of encouragement for anyone who’s lost people, make life count while you can. don’t let grief and setbacks be the reason to quit too soon.
well it depends bro, i for one do believe that this community and therefore this coin has the potential to moon. if i believe that something can be profitable in the long run, why wouldn't i invest. you can basically call everything in life a gamble cuz you never have certainty over long term investment, so it is not haram (prohibited) cuz not prohibited to make a profit over investment. so to sum it, it is debatable.
if this is haram, then ordinary business would also be haram. if you truly believe that an investment will grow in sum, then it is not prohibited. having said this, as a muslim, i believe it can be argued either way. but it is certainly not a gamble.
this is isn’t gambling :o
investing in shib right now hardly seems like gambling to be honest because it’s still super cheap. (never invest what you will miss) consider it doing charity work for your future self 😂 if it goes then it goes if it makes you rich then you earned this big break fella!
take your argument to other religious subs. this is not gambling. this is shibarmy. the real hustle.
it does matter, if its real then god is also in the shibarmy xd
bro all you do is go on this sub and spread hate just have a day off and go outside, you might enjoy it. i know i sure do
did you take the photo?
for that i bought the dip
yea i honestly wouldn't be surprised...she is a ho...odds are in your favor 🤣
🤪i'm cheer 4 da gengbeng
if you are buying in the us or anywhere else you can use [kucoin.com]( i bought my shib from there and i am located in the us
man!! i’m really sorry for your lost. we’re here the army for support!! i’m glad you’re starting to let the grief go. i’m not sure what our love ones will like once they live here. but one thing my be for sure, they want us to keep enjoying.
if lost my best homie 2 weeks ago ... he was 28 years old... yolo is the best thing right now fml lfg
ordinary business doesn’t count as far as i know since you can make money off of your own mental and physical capability, but any game of chance (like any investing is, just as much as poker and lotto are, none of this “i know shib will go up so it’s not a gamble” crap, remember allah is always watching...) that being said, i’m not muslim so it matters not to me what you do, i’m just going off of what i’ve been taught about islam from all of my muslim friends and trying to help keep you on the right track for your religion. you guys do you though, luckily allah is very forgiving so maybe you won’t get punished very hard when it’s your time to meet your maker...
thanks, your comment and opinion was totally needed in this dead conversation. 🙄
i mean it pops on my feed and takes like 2 seconds to post something. i'm literally at a park right now so thanks. sorry these posts are cringe af lol if you want an echo chamber make it a closed group.
you can also use my cripto.com app. that’s where i got mine.
you sound like more of a muslim than most people i know. you have been taught correct, and you must have great friends because they have actually taught you something precious. however i think you are confusing gambling with risk. if one has researched and has strategically spent money on something, that would be a legitimate investment, for e.g. a food shop or grocery store. there are still risks within whether or not the food store is profitable, but it has taken money and effort for you to get there. if risks are haram, nothing would be feasible to invest into, as investments by nature are either bound to succeed or fail. still though, it can be debated either way, but if you want to really be on the safe side 100% in this world, you will have to live without a lot more than you think. may allah guide us. thank you for trying to give me better advice! how much do you know about islam? have you ever considered islam? remember tho, islam is perfect, it’s we muslims who are not. and allah does not expect us to be perfect.
i have a cousin who is also confused if it’s halal or haram. when his doge went up, he convinced himself it was fine. but when it crashed he said that he shouldn’t have gambled and that he lost because it’s haram. lol, im still waiting for doge to go up again to see what he has to say this time. when it comes to money, religion goes out the window.
you are right, i am very lucky because i do have some great friends who are willing to teach me while not trying to push their beliefs on me, i like being at least somewhat knowledgeable on as many topics as possible, hell i’ve even done ramadan a few times and even gone to a mosque and have been welcomed into their place of worship with open arms and hearts from the men that i was able to share those experiences with. islam is definitely the most welcoming and caring religion i’ve experienced and if i were to ever become religious it would most likely be the way i would go.
ok. so, the best advice as a fellow muslim i can give to you is, take it slow. i do not want to rush you, as we believe that only allah gives us the light to see the ultimate truth. and if i’m not wrong, i think you have already been shown. but i would suggest that, you research more about it to try and help with any questions or doubts, (every human has these) and watch some videos regarding ultimate truths. (if you’d like some sources or channels i’d be delighted to give you some). more important than anything is belief in the ultimate truth. it completely opens up our eyes and hearts, and renders worldly power and possessions useless. i believe that you have been shown the way, now it’s up to you to find the truth with honesty. compare all major world beliefs and ideologies, and decide for yourself. not trying to force it on you sorry, take it at your own pace. again if you want any guidelines or recommendations for vids, lemme know. wow we started on crypto and look at where we’re at!
i think this community is amazing and the fact that we can talk about these sorts of things is proof of it! may allah bless all of you! 💪❤
i do have a few questions... as i’ve been taught by my friends “every intoxicant is khamr (am i spelling that right?), and every khamr is forbidden.”...i have pretty bad nausea issues and all the medicines that help kick a bad attack (i had one instance where i was in and out of the hospital 40+ times in a 3 month span, and that was with 3 of the stints being ~2 weeks long, so in and out of the er pretty much every day or every other day) cause intoxication very easily (whether that be the pharmaceutical medications at the level that they would give to chemo patients to combat their nausea or natural medicines like marijuana...) what would the scholars say about it?, it seems a little more of a gray area than instances where people need to eat(though they are supposed to donate a meal to someone in need for every day of ramadan they can’t fast, am i remembering that right?)or instances where women get to skip fasting if pregnant or make it up later when their monthly cycle isn’t active...
thats awesome! i’ll be honest. i’m no expert when it comes to medicine and what is allowed. but i think questions like these are less relevant when it comes to deeper thiscussions about the beliefs. having said that, there must be a way to solve your medic problem. i will have to do more research into this. if you don’t mind, could i add you on any other social media?
i don’t do social media really (reddit and discord only, and i guess youtube? social media’s where i can kinda decide which topics i do or don’t see.). i’ve got a facebook account that i can’t stand looking at for the last 6ish years without risking thinking lesser of people in my family. i’ve got some “interesting characters” (aka idiotic southern rednecks) on my moms side who id rather not know exactly how hateful-in-law talking and me over hearing comments they make about what my cousins have posted recently and occasionally seeing them on holidays. things like twitter’t use those either... and my medical problem isn’t very well known (cyclic vomiting syndrome), even the “experts” don’t know why it happens really. most of the time it’s not terrible, some days i feel a little nauseous for a few hours but it goes away with the help of some low doses of the meds and smoking some weed and trying to meditate and relax the body as much as i can between puking.
happy monday shib gang!! 🚀🚀🚀👌🏻👌🏻👌🏻 what a great start to the day. i hope everyone has an amazing day 🔥
yeesssss!!!! thank you 🙏 you bloody yanks we love you ppl from australia🇦🇺❤️🇦🇺❤️🇦🇺
now it’s important to hodl! most volume come in at 7.30 pm german time, so hodl the line !
shiba is flying to moonnnn.
really curious what’s causing this, but tbh i don’t care i’m just happy😂
we need to eat another 000
keep going we have 4 more to eat
.5b market cap. shiba to moon soon...
this gave me some hopium 🤫
i will pop a bottle on saturday if we do t dip beliw this
i invested 1500.03 then i heard tons of people talking trash about it and i regret selling dont be me guys
swallowed that zero whole fellas
gainz!! shiba gainz! gonna get ripped 😆
hodl baby!!!! also indian markets just added shib.
500% and steady hold!!!!
heck yeah, this is what i like seeing!!
love it !! hopefully but gets rid of more paper hand lil bitches. diamonds are forever!
should i buy ??
market cap 4b y’all know that coinbase is picky about listing cryptos. they wont list it if they think its trash. do not listen to anybody who’s talking trash about it because they said they same thing about dogecoin.
we going to 1 cent!!!
too good monday!!! congrats!!! 🚀🚀🚀
at last 😀 💪
definitely a nice thing to wake up to. let’s fucking go!!
so glad i got my wife and mom on it before the zero went by. fomo and panic buys are next!
hold! we are my holders at!? we must hold! do not sell
the pump is real!
let’s go!!!! congrats everyone!!
hope this is not another pump and dump. hit 0.000014 cnd and then has been plummeting.
keep the pressure up. buy if you can. hold forever.
nom nom nom !
the best news ever
all hands on deck!!!! nobody touches no button!!!!
plz whales, don’t pull out
y'all better hodl this or hodl my nuts 😤
whale dumping in 3…2…
first we get the 0.00001 next is 0.00002 keep on holding!
let’s hit a cent
zeroes are delicious and taste like donuts. the only question here is, "how many donuts are we going to eat?"
i should have bought more…shit lol
please remember that majority of the people who are buying now are buying with that .
shib holders definitely deserve this pump
i fucking love it!!! 🍻 good day friends! hodl the fucking line!
welp i'm stake locked in for 84 more days
great, now next stop 0.00005
it just needs to stabilize with that zero gone.
someone at me when we get to 00002
hodl strong shibs love you guys
hell yeah!! lmao i haven’t seen this price in a very very very long time. wow
i am happy you happy we hold!!!!!!!!!!!!!!!
let’s hope this is the steady new floor! let’s go! congrats everyone! on to the next zero!
hold, hold the line. push to 0.0005 by end of this month if not end of this year. do not sell.
keep it up! now robinhood need to hurry up so people can fomo in!
it will eventually get to a .01=💻💰💰💰
just keep saying we need to lose a zero! maybe people would not notice that we just did and will start aiming for the next zero! go shib!!!
finally! it's about time. hope it is sustainable.
💎 👏 💎 👏 💎👏💎👏💎👏💎👏💎👏💎👏💎 9 🚀 🌝 🚀 🌝 🚀 🌝
let’s fucking gooooooo!! 🚀🚀
let's go shiba army!!!
go shib goooooooo 🚀🚀🚀🚀🚀🚀
eat a few moar doggie
big move!! buy & hodl!!!!!!
it pains me to buy anything when its green but love watching us trend 🚀🚀
let’s everybody hold we can make it
is crypto.com a safe place to keep my shib ? i have about 65 million and if it ever hits big i seen something it only secures 250k worth?
wow to da mooon!
well colour me impressed
it's still a 3x to all time highs. so easy 3x
got's 4 more zeroes to drop!!!
people on robinhood are going to be pissed that they missing out a on a billon dollar trade volume idk why they keep waiting
almost breaking even! 🤣
be prepared for the fudders to appear who sold at a loss, going to be a lot of chapped asses soon!!
it’s so beautiful 😭
few more years and im rich
i can literally smell the interior of my lambo!! 😂
loving itttttttt!!!! let’s get to .01 by the end of q4 if not sooner :)
passed our 90 day ath!! but... can... we . go... all... the... waaay!!??
shib is the joey fucking chestnut 🌰 of eating zeros…. to infinity and beyond
what is driving it up in value?
where is the daily thread? what the fuck mods. lets get something central up.
im about to shib myself!
got the club going up on a monday
let's hope we move forward and not backwards
ate that 0 in the uk now aswell
shib gang give me an up if you feeling good about that zero we just ate 😎😎😎😂
let's wait for the fomo of the east market now! shib to 0.000025 today! lfg baby
now just 4 more and ill be a step closer to quiting my dead end job
my tits are jacked just sold my ,314.00 before rh, once rh drops we’ll knock off a couple 00’s
now we are waiting for another 0 to thisappear by december 31, 2021
great run, let’s take this to .10 y’all!!
my 2 month old got 4 million shib. imagine they all hit 🤯🤯🤣🙏🏿🙏🏿🙌🏿🙌🏿
i'm not selling a fucking dime until we eat two more zeros
three more zeros and i can retire.
if shiba loses 3 zeros, ill tattoo the reply with the most upvotes
and it’s only up from here!
lfg eat another one
hookers and blow hookers and blow!!!! let’s go!!!!!! just kidding, i’m married
hasn’t been this high since may!! 🦍🦍🦍🦍🦍🍌🍌🍌🍌🍌🍌🍌
lil shiba growing up 🥲
stop selling scallywags! we’re moving past small gains!
bought 7 million more shib, yolo!
you know the rules! buy and hold! scrambling to transfer and buy now! we can do this! shiba army!!!!! wooorah!!!!!
sell and take profits and buy more when it drops back. keep it active and moving on exchanges!
mini victory wish i had more to invest…lost my ass on a very bad stocks this year
i’d love to unbury my shib, feels like it’s trapped in there with the ridiculous gas fees at the moment.
went ahead and got a million more…just doin my part
does anyone know how to see the tokens we gain from staking on shiba swap?
let's fking go buy more!
my god 50 % daily
it’s gonna do +100% today
how do i buy shib? just now hearing about this. i'm a poor 26y
well that’s not the goal now is it, let’s see more of those .000 ho’s thisappear!! 🚀🚀🚀💎🙌
what platform can i buy this on??
still far away from all time high :(
you did not even waited for me to buy my weekly 50€ that boosted up. im sad and happy at the same time. it means tomorrow ill buy 100 every week
nobody is fuckin’ selling.
just sitting here with my diamond hands looking at a plateau on 0.000013690 buy at all 690 let us do another controlled buy!
eat 3 more and you have my attention
finally back in black after the coinbasepro tomfoolery. 👍
well, this was funny to wake up to.
eat a zero challenge that’s what we need😁😂
another zero to be swallowed by end of this week!
holy cow its mooning again rn!!! up 130%🚀🚀🚀🚀
what a great run! prease do not be influenced by the temptation to sell. hold tight and do not be thiscouraged by a dip. diamond hands and we can maybe drop another 0 in the near future!
hard to believe this was just a month ago. and we are here like, wanna see me do it again? haha
hell ya taken those profits
we have a couple of years before it is profitable i'm fine with the slow gains for now i wouldn't think of spending or selling until it hits .01 or greater
i don’t want to sell until .001. tired of small gains. i’m looking for that 10-100x return!
im rich bitch!!!! my first million made!
great time to remind everyone not to sell. so as to maintain buying pressure. or some shit.
it's going to dump so hard. watch out fellas... don't throw your live savings at it. i know you guys would not like this comment but that is fine. stay safe. edit: awww screw it, i just bought more at 1194. i'm done watching my shib go up when i could have more. still!!! don't invest your life savings please !!
sell before the whales 🐳 do!!!! then buy the dip and stake! 🚀🚀🚀
won't last. fast up. is always fast down. yes. i only telling truth. am i spreading fud? it's only fud if it is not a fact.
how tf did i buy .000009 and were at .000011 and i’m now at …what the fuck?
why is that is it because robinhood listing shiba
quick question. many people have massive bags of shib. if it ever crosses a .01 is not it going to crash as a lot of people take profits?
i'm staking with crypto.com. i earn about 4 thousand [2percent] coins a day for 3 months. i'm locked in till december
it will drop back to 857 by tomorrow night, whales will jack then sell :(. probably make a quick couple hundred k of the recent buys, let’s hope it’s not the case
and the idiots are gonna hold and lose any gains
hopefully it dont throw it back up!
spit it back up🦴👋🏆🎠👦
i need to learn when to sell high and rebuy when it dips. i always get scared but could pick up a few million along the way. 😂 or lose a few
and threw it back up! i will remain cautiously optimistic!
let's eat another wooo
yay, back to being profitable!
can someone help me out??? i've staked my shib 17 days ago, it shows my staked amount but i still have no woofable returns...im waiting to see if this works before i put more money in, and the price is going up...help please
these are crazy times 🚀🌜
just sold all my coins before walls are dumping it against
let's keep it off
musk posts a picture of his dog and it goes up? lmao. imagine if he got a shiba inu tattoo on his ass.
oooooh i just got an awesome gift so i shall bestow it upon you op. 🚀🚀🚀🚀🚀
we'll hit ath in a month
and i was here for it!!!
we did? fuck yeah, now x3 and back on ath levels xd
shiba power 🚀💥💥💥📈🔥☀️🚀🚀💥 yahoooo🤸🤸🤸🤸🤸🤸🤸🤸🤸 🤸🐕🤸🐕🤸🐕🤸🐕🤸🐕
can sumone help me please. i have transferred my shiba inu coin from binance to coinbase. says success on binance but not received it in my coinbase wallet. don't know wat i've done wrong. do these things take time? any help appreciated
see you boys on the 🌙
now it just needs to 2x for me to meet baseline and start gaining again.
and barfed it right back up ughh
let's hope we do not throw it up again
and ate again haha
just ate a burrito. same difference
my gf is sore surely now, this kind of shib got me a good hard on that it hurts. damn.
let’s eat 4 more!
old news. it hit .00001044 830
whale buys 6 trillion
3 more to go
i'm hoping my 110m shib will be worth something some day
hold the line gentlemen
god bless every single one of you 🙏
proud to be part of the shib army
army up. let's go¡!!!!!!!!!¡!!!!!!!!!!!¡!!!!!!!!!
very exciting fucking monday y’all
shiba is up 48.7% in 7 days. any clue what is reason behind it? could be robinhood?
and still holding stronk!
let’s go! everyone buy a couple of dollars worth or whatever you can. keep the momentum going
just transferred most of my other crypto into shib yesterday. needless to say, it’s looking nice. thinking to buy even more. lol
let’s get past 3,then we’re on the move. let’s wait and see the whales fuck us and sell off later tonight
4 more zero's to go ppl keep buying do not sell!!!!
paper handed people will start panic selling in masses to get away with their 😢😢😢
hope yall are ready for the dump.
boom. fasten the seatbelts boys!
look at shiba rank now 💪💪💪💪
let’s go shibbbb 🚀🚀🚀🚀
we haven’t see anithing for what is coming on
hooooodl the doooor! 🚀🚀🚀🚀
i sold on wednesday and bought in again in friday. thank god i did or else i'd be in full fomo mode rn
just bought more. ✊
let’s get it to !!!!!
for how long?? this isn’t normal??!!
everyone who sold shibu a couple months back must be getting fomo 💪🏽
and it is still going!1187
just signed for the lambo cause of this
5 more to go!
hue hue, who mentally challenged investor now... *eats crayon, with fork and knife*
bought another 24m. let’s go babay!
what’s going on with shiba inu? it’s going up
wish they had a coin lock for over a year. just let it sit and no one can sell.
2 more to go
i hope it stays like this till christmas, got 3 more months on my deposit to go lmao
well done everybody!!!! proud of us!
fucking moon! i’ve been holding for 9 months now!!! love y’all people’s!!!!
i’m new here, as of late last week, and i’m up 60.9% 🤑 i’m ready to hit the oort cloud 🚀
congrats to all holders! keep holding (and buying)
this was a nice notification this morning. i saw it and was excited to see gains lol
i’m surprised it hasn’t dipped yet
no dude, it just ate 2 zero's. th one before the first number, and the one behind the (new) first number 😁
turns out i'm still down by about half on the 700k units i bought, but still, i appreciate being told to check what my stuff is worth.
where does this coin trade lol i need to buy alot of it
4 more to go
lfg - team (aka shib army) - this is the beginning. keep buying
let's eat another one!
let’s goooo 🐕 🐕 🐕 🐕
just the hopium i needed
let’s lose another 0
this is exciting to watch! i only bought in when shib came to coinbase, but i plan to hodl.
alexa play boom boom candles
one more zero and i can but a bike
alright, don’t get thistracted now. there still a long way to go. a major milestone tho! lfg
3 more 0s please!!! holding until then
we hit 0.00002 in australia 🦘🇦🇺
these 100,000,000 starting to look like sumn in this stake
today i decided when it reaches 000008 i sell cuz it always falls after that. that’s the reason it rises so much 00001 because fml.
i bought 57million of em last month…should i get more?
i can only be so hard
let’s keep holding, just keep holding holding holding
if you were to have bought 11million of shib when it was let us say 0.000007, if it goes to a dollar would you have 11 million dollars or just less? i'm not sure how this works exactly.
we need couple of zeros to get to 0.01 😍😍🤑🤑🚀🚀🚀
they better be hungry. eat up all those zeros!
what is happening? what causes this gain??
if anybody predicted this! it was delcrxpto on twitter.
at + 60% now!! wow!!
that’s more like it. i was beginning to wonder there for a moment.
oh snap. shib is in the green for me now. initial buy-in was 0.0000015x. then double doubled down at 0.00000066x.
of course i know him, he is me
ah oh boner alert!
that’s bad ass, does anyone know why?
for all that is holy in every denomination, hold.
didn’t believe it. checked. smiled. would repeat.
i bought back in march about 55mill and then another 60 mill over the last few months at the bottom of market so i'm kindof still at a loss. if it goes up alittle bit more then ied be breaking even haha so nothing impressive about this... but hold you sons of bitches hahahahaha holddd
up 53% let’s gooooo😂
we just started to fly. hodl
how, what caused this jump
still waiting at 0.00003 :( come get me boiz
amazon accepting shiba for payments yet?
omg omg omg 😭💔 at last! we still need to wait and see if it will settle on that number as a minimum from now on we need to wait and not hype a lot like before when it hit that number and ate a zero
people dont selllll :(
i bought my first shiba today ! glad i can join you guys
good morning everyone 🇵🇹
what is happeneing ahhh lets get to 1 cent
... then shat it out!
get ! use my referral link to join. initiate one crypto trade and both of us can get !
can we have a daily chat thing on here?
gonna eat another zero before we know it. apes to the moon.
shib ate that zero and i accidently came in my pants... going to be prepared for the next zero!
who asked you anything shut the fuck up bitch
what the hell did i buy shib at 2 weeks ago if im still down 😂 wtf
i love meme stocks
how many shiba i needs to be a millionaire 💵💰💸 ????
get thing i had to sell all my shib like 2 weeks ago
happy monday, tuesday for me, looking like a good day.
hold your barrels!! dead ahead!!!!
keep australia safe and free! keep shiba safe and expensive!
now can you imagine eating the next zero?!! 😛
aussies are the real bad asses of this planet 🇺🇸 🇦🇺 💙
i watch bluey so yeah… i got you guys!
we love you kangaroo people too lol 🇺🇸
the government may have you all locked up in your house triple masked up but we’re coming to set you free!!
now return the favor and pump up those numbers tonight, let us aim to drop another 0
hell yeah we do, love waking up to this, hodl on
we stan aussie legends and maccas ❤️💛
fellow australian right here 🇦🇺
keep stackn shib ...!!! [
out of germany wow did not know that 😎
italy here, hold my pants they are dropping cause weight
sweden hodling aswell! 😍
i never thought i would say this but, how about them nazis…...
someone call my name? 😅 🍾
i saw on google someone bought
india crypto market announced acceptation of the shib. this is a potential 6.5 million user platform. also robinhood probably going to announce trading shib sometime this month.
rose trading signals caused it. , they expect 200% - means they expect a breakout soon. another signal recommends it 4 weeks ago...i expected this pump 2 weeks earlier but anyway, its there and the big guys are coming in now. lets see how far they will invest...
multiple whales reported buying shib 46 million dollars worth since thursday.
people are buying but they are not selling much to take small profit
the cause is a whale has bought 6 trillion, then another 276 billion.
and then we start pooping them out on the other side.
does market cap go up or down?
one more zero is possible, two probably not, 3 def not lol, but another 0 would mean great returns
don't do it! alcohol can kill! just burn one instead 😎
i feel your pain brother. i could have been a millionaire if i held my doge. sold at a loss lol
yea, im thinking about buying more myself!
yea i just to buy a house for my family, sydney australia has the most expensive houses prices on earth lol
the dump will be real as well
right? it smells like paper hands up in this bish.
stupid people selling now
coinbase says the top was .11
it will be. then we’re back to square 1
i'll let ten whales come inside if i can end up with a lambo baby.
no…. my 14m are feeling lonely….
this may be a dumb question but... is there any risk to stake? i have absolutely zero plan on selling for a few years.
i have a little over 50 million shib on crypto com. i have not had any trouble with them.
they should have jumped ship from robin hood the moment that crap with gme happened.
ferrari monza for me, bud. \*drool
when is the east market opening
"dog made me rich" with shiba's photo below it. let's gooo.
username checks out 😂
coinbase, webull, crypto.com that’s what i have mine on.
because rich bois always invest a billion dollars in something they are certain will tank.
there will be an intense fomo reaction of buys at .01. we are the early investors, new investors haven’t heard of this just yet but they want to hear about it. and they want to buy it lmao
same which is okay with me
just hold man. don’t trip over the pennies on your way to making millions
dumb. you need to hold
it can take time. did you get a pending email?
did you use erc 20?
look at the supply. it would not go to a dollar unless somehow some extreme magic from lala land is happening. but, .001 is still possible.
new level of support incoming. 850 is my guess.
time for a toohey's ... or two!
this is a documentary when the internet went down in australia. [mad max](
fellow usa hodler, can confirm
thanks mate much appreciated👍
shib army is all around the world 🤩🇩🇪
cool, but fuck robinhood. do not use that app.
india finally finished selling, so a lot of pressure was relieved last week. i guess it took them two weeks too long to sell it all.
they are selling now. darn!
i checked on coinbase.
you can check on yahoo finance
went up nearly by
buy more 14m is nothing to most ppl here these holder are holding billions of coins
some places tou have your tokens locked for a specific amount of time, so if it suddenly skyrocketed tou wouldn't have access to it,chances of that happening is pretty slim though, and shibaswap allows you to stake and pull whenever you want.
thank you just making sure i’m safe when we hit .10 cents
robinhood is rumored to be listing shiba soon
just bought , wish i would have known i could buy it on there cb sooner!
bought again when it was at 0...9 lol
yeah but am i right though? like would it be around 11milliom if it does get to 1 dollar?
we’ll get it out of our gourd.
like it’s gonna drop?
damn it. i do not blame blame them because most of people who sell to take small . this trend will continue for years untill shiba reaches a penny. don't forget that it took dogecoin 8 years to reach a penny and bitcoin 12 years to moon
24 hour volume is ,440,050,532.19 +260.11%
oh? am i and my lowly 21m even allowed on this sub??
so if i don’t care if it skyrocket, it is a safe thing to do? i really don’t give a fuck if it go up to .
i'm hoping it would not be a robinhood gamestop kinda thing 🤣
relax, we'll be shibillionaires soon enough.
zoom out to the 3 month... it's going to "revert to the mean." but my guess is the new "mean" is going to be 850... instead of the 650-750 it was. not financial advice... i'm just a dood on the internet.
what about the one on india accepting shib?
and seriously? coinmarketbag is your source? what a joke!
the beauty of what we’re doing here is that even if you only have 50m shib over the next 10 years, you’ll have . people might laugh now, but you’ll have the last laugh when you could pay off their student loans and buy several houses. moral of the story: 💎🙌🚀🚀🚀🚀🚀🚀
shib is never reaching a penny. i mean, i hope it does, but it won’t.
no, you cannot lose anything staking. shibaswap is where i have mine staked.
coindcx, one of the most popular trading platforms in india.
amen to my fellow holder. no paper hands here hold
i'm here for the love of it this time. make it happen for our future
just fyi, if you have 50 million shib now, bought even last week at .00006 at 1 cent you would have over .
the world would bankrupt if it got to a dollar and we all cashed out lol.
this. its market cap would be greater than bitcoin's. (but maybe bitcoin will go way higher...but how much higher...)
tell me you are joking. shib has been on indian exchanges even before vb did his thing.
lol, if 1 shib=, then 50m shib= i am not sure what planet you learned math but i'd ask for my money back if i were you.
there will always be a percentage, albeit maybe small, who won’t sell everything they have. it’s our job to tell everyone about the benefit of holding a good chunk, if not a majority, for the rest of their lives.
actually you are 1000% correct. i was thinking dollars spent to profit made or something dumb like that. i saw what i did after i did it. im just an idiot. but you have to love my numbers if i had been right. lmao i was like wait noooo what did i just say????? to late...posted. i was thinking 50,000,000 dollars worth. duh i bought . know i'm so stupid i better go check that cause i have not looked since i bought them. oh fyi i used to be very very smart, especially with math. i've been fighting cancer for almost 8yrs and the chemo and radiation his destroyed my mind. i am very very sorry for the insult as well. i am sure there is some way to delete the post but shoot i figured if i was stupid enough to make the statement than i deserved to be ridiculed for it. again i am sorry.
i am. see what had happen was my 6 yr old had my phone...jk lol no but it is hard going from a photographic memory to being an idiot. i have struggled sooooo hard with my mind issues from this crap and i tell you there are times i am sure people notice how dumb i've become. you go from never studied for a test in my life to what is the name of that thing in that room over there where you put stuff to make it cold and its actually that bad for me sometimes. it bothers ya a little.
thank you for being understanding. i feel like an ass hat.
remind me to sell at 0.004999999
balls of steel to spend this amount... i salute you sir
i’m a whale too not rich just fat.
salut bro im on 188b, together we can change
as a fellow investor, i suggest you sell off small amounts as it picks up. at the end of the day, it is your money and livelihood. especially if you think about taxes. if you sold all your shiba at once, i'm sure you'll see a good amount of it going into the government. but seeing your other open tab, it appears you may have already been looking into taxes. there is nothing "unmanly" about making your profit. rather, i'd respect you more if you did not worry about what we said when it comes to your investment. i appreciate your concern for us as we are at low price point, but it would hurt those waiting for the .01 if you liquidated your holdings at .005. do yourself and us a favor, make small sales when the market is doing good. when we are in the green, sell and make your whale account smaller. decrease the price for new investors who may want to come in at a lower price point. consider yourself retired and collect here and there just in case this ship does sink. overall, thisregard everyone's opinion (even mine) when it comes to your investment. lastly, congrats on your holdings!
bought 86b when i saw the first of the major dip .000019 right when em started tweeting about btc. i bought shib cause i thought it would bounce back harder than everything else. then i realized that the big drop was from what happened with vb. honestly i was very very worried but it was already to late to pull out and not take a huge loss. then vb did what he did and so many new exchanges and publicity. i have to admit now that there is a lot going on with shib. so many things that could make us 10x or 100x in the very near future. shibaswap, new woofpaper... doge droppers coming here cause they are thisgruntled with elon. robinhood listing coming. and who knows... maybe people will begin to sell tesla stock who also have bitcoin and buy shib out of spite to elon. even something as crazy as amazon accepting shib out of spite for elon since jeff bezos and him do not get along. shib and doge could end up being par of some odd meme coin war with the two billionaires lol. anyways, i just thought i'd let you all know that this has been hard and depressing loosing almost 1 million $'s in the last two weeks. but i do have faith that something amazing is happening with widespread adoption of shib in one way or another even in the next 7 days for reasons i am not going to post. so be encouraged that your 10k loss is not as hard to stomach as my 1m loss and that together we will come out of this and shine! i've got diamond hands... and holding.
hi 156 billion general, lietuantant here salute you as we hodl togther in the shib army.
don't sell at 0.005, wait till it reaches 0.05 at least pls
hold the line everyone is against we are the collective the government’s are terrified of our army. the cannot break us! they are trying to break us with fear more control it’s interesting bitcoin gets shorted by certain groups through government manipulation and it get bought in the dip! by the same groups! hold the line be strong and fuck them back by holding buying more and holding! they think we are sheep that can be controlled, but the shiba army has diamond hands mofos!!!
oh captain my captain my shib-illionaire wallet pales to yours, but i’m in it with you.
family member asked me why i didn’t sell when i was up 34k. i said i’m holding for 5 years. no matter what gains or losses are. this is the way.
i’m building and hodling till it hits .01💎🤲🏻
dude, just sell 1% of your shib and you should be good for life. if you dump at 0.005 we will all lose.
dude got billions and me with my 175m feeling like a child lol 🤣😆. hodl my dude, keep strong.
you have balls because i think crypto is very speculative and there are no fundamentals whatsoever but hype and popularity. there is nothing else that determines the price but that. i put 4k in crypto which is after tax money and i didn’t borrow to buy crypto. to me that is probably the same as your 1 million to put in and hodl and then hope and watch people yodel crypto. i’m down a lot and it sucks, i’m down a lot in the stock market and it sucks. so right now, we all have to embrace the suck. probably another 2-3 years. investing is not easy.
people like this is the one that you need be very careful with. they say one thing and they do the other. these are the ones that most highly likely to cash out at 0.0005 or even lower. plus anyone can make up any numbers on any browsers ... please show us your wallet address and not a screenshot like this.
you should take it out from binanace to metamask so you can stake in shibaswap.
you should not sell at that price cause being a whale comes with a responsibility that being said you need to be hold it and sell it step by step so that shib community does not get hurt with you leaving
i have never seen a millionaire use firefox as their browser :d
definetly not fake at all
invite us to your big mansion when it hits your target price.
jesus... over a mill spent?! that just tells me you prolly have about 100x that in the bank. if i had that kind of money i would definitely spend that amount on shib. i told myself i am comfortable losing 500 bucks. but i have a feeling i will be spending more than 500 on the dips. also if you sold at 5 cents you would kill the market for everybody else right? why just sell some of it so the rest of us get to have the lifestyle you already have... 😂
thank you for sharing, some of these new born paper hands need to see what confidence and belief is.
if you hold, sr, i will stay with you... soldier present.
thanks now i know when to sell
and this is why it will never reach 0.005... because people know that is its gonna dump when it reach this price...
be a hero! burn some!
if you hold that much and dont intend to sell, why not burn some? that would increase the value for us small fish, after all it is meant to be a community of helping others.
you will have 650mil if we reach 0.005. you will definitely crash us down to 0 if you sell then 😬
don't worry the market crash would not last long because is made on china:)
beautiful. if the market hit bottom there will be no margin call from binance.
holding to .00…and then holding some more.
last june btc was around 17 canadian now it almost a year later and it is at 41000 canadian even after getting ducked over now 17000 in government control banks would of made maybe 340 dollars at a canadian bank so one bit coin made me 24k per coin this is why government are trying to fuck w crypto. there trying to literally keep us poor! well fuck that nonsense! hodl buy hodl!
i been buying over the past month, my average price is .000012
i, my friend will also sink with the ship!!! we will live well or die well!!!
he may just stake it all and get rich off the bones. i can’t wait till shibaswap goes live
cmon , vitalik. it’s not funny, please re-login
i bought some more this morning
hodl and never sell till ur a billionare! lets do this. this is our coin!
you wil crash the market when you sell lol
how about you burn some of that? might benefit us all and help you reach the goal earlier.
and i was sad about my 500
shit, i'm more impressed with your hand writing man. don't know many guys who write that nice. haha.
i think i should sell all my 500million , i can never be like you guys :(
how much did this cost you ?
oct 6 - to day is my birthday, shib is now 0,000018.
i want explaint to you guys something, so sorry if my english too weirdo because i come from country not speaking english \*who am i?\* a young billionaire from a country in southeast asia - a country that was a puppet of both the soviet union and united states during cold war \*\*why i dont use this money to buy lambo or something else?\*\* i already have lambo (urus) everything i invest before turned into gold or diamonds. i have a very good feeling about shiba inu - after what vb did, our dog is making history and you are - an shiba hodler is a part of this history. \*\*what will i do with the money when shiba reach 0.005?\*\* i will give 60% profits to charity. to build schools and save orphans. i have always appreciated the importance of education. through education i can give poor children a better future remember you only lose when you sell it. there are difficult time for all of us, when papperhands cry and run away like woman - let them run, this is longterm investment and there is no room for the weak. in just a few months we have created a lot of historical events and today is one of it. today while the market is red. altcoin including btc go down - we go up like a man, like a hero, like a omen... be strong all shiba holder, you will be well reward for your efforts.
why did i read that last sentence in will ferrell? will, is that you?! 💎🙌🏾
how to check live holders count?
we win or we die like a man, we dont have airbags 🦾😅😅
it appears 1.2m. bad fake.
if you truly wanted to help the community, you would burn about 100b. the only way for shib to succeed is for the whales to sacrifice for the minnows, period. all whales should burn 10% for the community. the minnows could burn 50% of their pittance but never reach whale numbers. its all up to the whales at this point. sacrifice for the community! for every 10% whales burn, us minnows will purchase 10%, win win situation if we are all in this for the community.
when shib goes down to .00000007 i’m buying in at !!!
one day at a time. 🔭🌏🌍🌎🌕
shib and nftart finance are 2 coins which are (still) going severely under the radar. these 2 coins are my pathways to financial freedom.
this is fake. the more stuff i see like this, the more tempted i get to jump ship.
if you sell at .005 you’re a ding dong. this coin can easily hit where doge coin is.
don’t be stupid. sell and take your profits. shitcoin season is over and these coins with no real projects are gonna dip high. btw it’s your life tho do what pleases you and live it to the fullest extent
fuck all you mother fuckers tell him to wait. dumbass bitches . y’all can’t even imagine having that money. sell your bag wherever you fell . stupid ass bitches here . i’m sitting on 13 billion shiba waiting to hit 4 mill and selling 1 million worth then holding the rest. 1 billion with 25% apr that’s 250k a year i’m set lol 😂. just cuz these people have only thousands or millions in there bags lol they just hating
wtf?? welcome brother welcome! we all salute you
woah 3 commas club
the hero we need not the one we deserve... respect sir 👍🖐💎🖐🚀
you the man! what is your average buy-in price?
will ever shiba reach at least 0.5? i think it is a fantasy to be that much millionaires made from ~100
62m here, holding till moon landing.
i got a lot ... am not sellin... my goal is just pull the rewards from shiba swap. on my shib and leash and tiny bits along the way and letting the rest ride. it's no fun being dumped on. i have a few of those in my wallet as a reminder. this is a awesome project and community everyone is working to make it a success.
i do wonder when you bought in?
damn man, you are a big one. i just struggle to buy dips little by little to reach 10m mark so i can have the withdrawal limit when if reaches a good sum. so far i got 2.2m. you're a whale and i'm a lil fish that you eat hah
u shoukd bury some of your coins when shibaswap is released so you can get bone tokens. also burn some of them if you can
i buy another milion
at how much did you buy in?
hahaha “like a man” lol
so you're from vietnam?
this is the kind of thinking we need, because the moment it hits 0,0001 a lot of people are going to shit themselves that this is as good as it gets. we know that no one knows what can happen here and that when the expected correction back down from there happens we will know that it is going to climb once more, while many noobs once again try to salvage their investment. we remember what they said about doge and how impossible that was and everyone believed them then. we know. we hold. we strong.
burn them, jk congratulations, enjoy the ride 🚀
this coin is daying you stupid fucks
im still a small shib but getting there. congrats on the thicc wallet.
we should burn 10 million shiba each ... what do you think ... how do we help the community? ... does this help boost shiba?
a real man would hold to .00! just saying! 🚀🚀🚀🌛
🙌🏾🙌🏾🙌🏾🙌🏾 your the lead dog!!! ⬆️ 🆙
i’m happy for you but i just wish you would have left out when you’d bail. everyone has their own target and expectations.
where can we get more whales like this one? 🤔🐳
damn i wish i had that kind of money
another hodler here with 4 million shibas, it am not much but it is honest work
any news on swap?
me too. all or nothing. nothing to lose. i always was a poor. hodl 31.5mil
how can we hold you accountable if you are making this public? whats the wallet address so i can watch movements on etherscan.
right click element inspect , damn everyone can be whatever they want on the internet 🥲😂
the captain from titanic was my favorite character
if it was binance, then you had a lot of money before
let’s get some momentum going for this guy! am i right??
send half if to the shiba swap, dig for bone , half of that sell at 0.01 or 0.005, when it goes to 1 sell. that what i will do. well done man, wise i had that much.
what is the market cap at .005 and is that reasonable? also consider the number of coins outstanding will increase dramatically.
i am with you...✌️
you're the hero we need but do not deserve
woah. you are my here
good sir, if you remain on the ship then so shall i, you will not sink alone.
i love you man❤ im holding 350 million buts its nothing compared to you
i'm in for long run! diamond hands!
legendary. this is the way🤝
god bless ya sir
that is what's up!
i salute you sir !
hold the line we are the only crypto on the plus side even w btc being shorted first time we are holding! soon we will be going on the offence and taking names! army strong army united!!
that puts you in the top 0.02% of the wealthiest vietnamese
yo, what do you do for living to have that amount of money to be invested in a meme coin? i'm genuinely curious to know 😄
we love all the apes with diamond hands!
hold it till 0.5
well... that’s a lot
vietnamese whale, i guess so
when i joined this subreddit you could buy 1t shib for . your not a whale if your wallet isn’t in the top thousand wallets lol
it looks edited, zoom in.
our shiba god 🙌🏼
i’ll know to sell before it hits that then 😂😂
great! do you think we'll hit 0.005 one day?
my type of 🐳
you should consider getting a hardware wallet better safe than sorry
ride or die with it! glta
your not a whale lol
you are not a whale
burn it. it's the only thing to do.
ummm...you're already a millionaire. why you need a billion?
this seems like a bad investment strategy
ctfu “like a man”
just bought 250,000,000 shib, and will hold until .01
nooo sell it at 0.01🥲
just imagine you sell lol. we fucked. also. i wonder for how much you paid for it and when ?
i see that pornhub tab on top left
you know you can just modify the html to show whatever you want. no sane person would keep that much on an exchange.
you live in vietnam?
burn it help us out.
then we will die together
i've got the rest baby boy ... i'm pretty sure i technically have spots 1 2 and 3 for the most shibb... and btw we am not selling
like a dumbass, more like.
i see a fellow xrp holder too :)
man... i got like 8 mil and i am waiting for .05 - 0.1 - 0.5 to happen to even get excited 😯
thank you mr.whale 🐳
right next to you on that!👊🏼💎🙏🏻🚀🚀
well we’re fucked when this guy sells lol
right with you brother! coming from another whale... i will ride this thing to the ground and back up to the sky if we have to
love you bro !
can you do the same on all the other ones? lol
if you don’t want to hit the link go to rocket crypto on youtube. he has some good videos he breaks down the tokenomics of shiba eco system. this is going to be so big. i only have 243m shiba. wish i had more. but we are lucky to get in when it’s so low
thank you for your wonderful commitment as we couldn’t survive without you!!! shib_army_strong💪🏼
i am a .45$
you sir, have balls made of steel and we salute you!
awesome!!! i hope you don’t sell but as a smart trader, you at least got your original investment out when shib skyrocketed from a month or so ago!
you sell everything to fall to 0.00000010 ... so we can all become shib billionaires ... then just be honest!
selling at .0035 is retarded. you could make much more by holding past that
please do not sell until it hits 1c. please.
also with a mondo position, i will go down with the ship too. "the two most important days in ones life is the day you are born and the day you learn why"
not all heroes wear capes
i'm invested in cardano but i sold a bit too late but now i'm doubling my coin holdings. but, like any degenerate gambler i see investing as gambling so money is money lost to me. if it comes back yay. if it comes back profitable double yay.
people keep saying it’ll never reach any significant price so what’s the point of investing in this project again 🤔?(or are they full of sh*t just like when they said doge would never reach a penny?)
this means you will eat all of our investment
a young kid with a billion hairs😂😂😂😂
you’re only gonna be a whale if they cut the circulation supply by a severe amount. it’s 100 trillion still, i believe, so you have a relatively small amount still. correct me if i’m wrong. hopefully the circulation is burnt enough times
when rich people get bored
if you are a whale, then i am the whale mother 😁😁
i "hope" xrp you've more 😊
“the past is never where you left it”
i just purchased 113,000,000 shib. let’s go to the moon 🚀
if i must sell mine, i wouldn’t mind at all if the government took half. at least it would be used to reconstruct biden’s refrasturing debt. rebuilding america is what it’s all about and making roadways and bridges safer to use and interstate
how much did you invest? thanka!
let’s fucking go!! 🚀🚀🚀
damn homie you’re a millionaire
to the moon or to the earths core. nowhere in-between
6000 people buying 63 million shiba coin is 3.78e11 coin off the market and so do able in this dip
just imagine if it goes to 1$
like a true captain
i m together with you. shiba-forever
thank for your support buddy. means a lot to this community.,
total money right now is around 35 trillion. your estimation will take this to 5 trillion (quadrillion in circulation) which seems a little unrealistic. just because of the number of circulated coins.
lol a whale 🤣! i wouldn’t class myself a whale with that low number 🙃🙃🙃🙃
you are the man!
14000000 and will hold until it gets to at least 0.1
with all due respect, i would cash out. you would be literally borderline stupid to not. you are sitting on a life changing amount of money and with more and more people thinking this is a scam, it could thisappear in a flash.
spoken like a true captain...woof !
if it even gets down to 0.00x digits, i could afford to help my pa and mum to fix all of their teeth issues. dentistry is expensive
you've never been a whale! i'm a god
you are a true man.
salute! -a 65m holder.
my respect but please handle it responsibly ... so there are people like me who are no longer allowed to work and put all hope in crypto straight in shiba ... you whales have the price structure in your hand in the end ... give them us the chance to lead a carefree life :) greetings from hamburg (germany) and stay healthy. happy rest of sunday and a rest of beautiful evening.
the shiba force is strong in you indeed!!!
if you sell now honestly everything will senk, shiba will be crash as crazy.
if you're a whale stop those coins and i'll swallow them xxx
wow!!! wheel barrow for those things. 👍
soo... i can rely on the price taking a dip then...
damn dude, why so low? this shit can easily get to a penny
we on the same page bro !!!! patriot
hell yeah bro...hodl strong💪💎🙌😎
you hold, i hold!!! we're in this together 🤝
idol!!! you are a god!
wow, i have 1.100.000 millon shiba and i will hodl as much as it takes! i love you man! thanks!
i have my a hero now.🚀🐶
is that you, jeff bezos?
ceo of binance can afford this
i have 43 fucking ceeeents! aaaahhhhhhh! i need a sugar daaaady! i'm ready to sell my bussy for some loose chaaange! spare shiba? spare shiba?
how many doge you have?
remind me to sell at .0049 before this whale dumps.
it's a fire sale!!! yes i seen my gains disappear over the last week...eating into my principal 🤬...but instead of being mad...i'm adding more. shit it is the only green out of all the crypto i own ...i do not understand the ones buying only 10$...just do it already!!! i challenge everyone to buy 20... remember...shib got up to 00004 maybe we wait as long as doge...and we reap some rewards!!!! 🤑🤑. *edit...just added my 20$
then... what is the point of buying doge if you do not want to sell it, or buy something with it? i cannot get it
100 million still to buy till 1 billion & will hold with you till 0.01 or beyond
if this general can hodl so can you if your as low as a private hodl this ship like this guy this is coming from one of your captains let’s ride this storm ⛈ over and out
you honest to god have inspired me sir if the ship goes down i sink with you captain *salute's*
respect always - spend 1k will increase to 3 k as soon as possible
this may be too personal, but how much was spent to obtain that amount?
is it weird i like your handwriting? 🤔
salute bro, holding 20 million and will add more.
you sir are a legend.
why do not you burn these coins? it would be great help for shiba community.
awesome, here’s a cookie 🍪
respect mate, i've invested two grands and i'm about to shit myself
you my friend are the one no neo
have my respects sir
another pump and dump scamcoin.
so we should get out before .005 lol
so at 0.005 sell, got it! hodl!
the only thing is: it won’t sink. lol
keep in mind trolling is allowed on this sub.
nice bro. i have 2b. let's hold the line!!!!!
honestly my goal is to have 10k-20k( for now) in the bank and keep my day job and hodl forever! sit on shib while i learn the market and then can invest elsewhere as well as continuing to invest in shib. i do not like having all my eggs in one basket. i also do not want to be greedy, i have everything i need but just wish to live comfortably, be able to travel, and marry my fiance, and be debt free... im a simple man and work my ass off and just want to be able to support my family comfortable. i know this is not a get rich type of coin but it is a good place to learn and be accepted in a wonderful community. thank you all for the advice and the tidbits of information given. it really has helped me learn! :)
you're obviously rich losing a mil is nothing
big whales will need to burn off some major coin to bring value up,it’s the reason we the community have the power of value in it,bcuz we control it,sad but a few major players control our future here,& in their hands the value of our shib...question is will those big investors trow a bit of their investment out the window for the bigger bucks in the future??
isn’t that less than .1% of the total coin?
damn, beautiful handwriting bro
stupidest thing i’ve seen today. profits are profits. your sitting on 1.3 mill approx. you’d be willing to watch that go to zero?!!! but then if your worth a billion ok. but encouraging people to have diamond hands so to speak!!!! i trade daily. we’ve been trained take a piece off the table and get back the initial investment. then sit on the rest. maybe you’ve already done that. then good for you.
hi, moonsurfingvnn the reason i am into crypto is to believe i will gain enough wealth to help my oldest daughter she went blind after child birth and now she is on dialysis . i am believing that my investment will grow . i know i am not able to measure up to your size yet, but i can watch you and do what you do to gain a strong position. do you know about earing additional wealth through shiba swap? and lesh. please give me any ideals that you believe will help me. i holding for 0.005 and beyond.
bless me if you feel like it oh mighty whale 🐋 🙏🏼
man you can buy alot of ducks with that
vip72 in the tabs, who has to know knows
the army of dead 🔪😅
one man for all, all man for one. let’s all go all in 💎😎
am holding all the way let us go
🧐 good to know, sir
i have said this in other threads, the only way shib will increase in value is through solidarity. we need to institute community burn events and a push for a burn fee. this type of coming together, in all likelihood, is exactly what is meant by shib as a social crypto experiment.
guys use lobster app and get 5 bonus xlm using referral code qyajcitqi. next swap the xlm into shib... let's take shib to the moon 🔥🔥🔥
congratulations. that's amazing 💰
me too dude, buying 10 mil for last 80$, hope i become next 1-2 years a millionaire :)
why go down with the ship? what do you owe this meme coin?
no way you had to work for that money you’ve invested
god bless you shiba lord
wow i have 100 dolars in shibas, can you gift me some shibas pls? :)
down with the ship.
i wish 0.005...you will be a billionaire bro 🤞
let’s go! hold! 🚀🚀🚀🚀🚀🚀
you can send me some if you want, your balls gonna feel lighter 🤣 make you pleasure
is this not available in the u.s.? it does not show up on my binance list
respect, i have 3b
hmm. chrome dev tools comes in handy!
if shiba sinks like the titanic your going down in deep waters with your coins, that is deep man, i actually have tears in my eyes, not even fucking wt you 🙏🏽 ' shiba army baby 💪🏽💪🏽💪🏽💪🏽💪🏽💪🏽💪🏽💪🏽
did he just yolo 1.3m??
do i count as a whale with my 694 million shib or nah?
i salute you sir
so what you’re saying is it will tank majorly at first when it hits .005😅. but giant props for yolo buying all that
yeeeessss 0.005!!!!! thats enough for me, i hold over 100mil! no where near you but still a nice chunk of change when it gets to 0.005
right there, that’s rug, these concentrations are not good, i hold decent amount but won’t sell just hold forever and use as currency
we salute you captain. going down with you.
part of the ship. part of the crew
all these people acting like they have billions of shiba to convince people to hold its cute
i am in the same boat with 1 billion coins
this is exactly the problem with shitcoins, they are not meant to be held forever. even this whale says he is not going to hold forever. so in the end somebody's going to get burned.
my respect sir whale
wish to be a whale someday
hold it for a tap bit longer
dang bro, save some chicks for the rest of us.
there we go. get this guy a gd medal
what are our orders general?
that's a small whale man we would not feel shit lol if he sells bro
you have my upmost respect for your message. i am just curious as to why would you reach out to the shiba community to share this information? i have never seen a whale come out to the open like this. i truly respect you for your actions.
why when shib has the potential to hit .1 through shiba swap. i highly recommend you read the woofpaper 🤪
bro is literally a millionaire 😂😂 so inspiring 🙌
hell yeah thanks man 🤘🔥🚀🌙
i’ll burn once i’m over 1b
we hold to your size! 317 humble millions here!
hodling here too, multi-millionaire in shiba 💪🤑💪
it’s definitely going to hit .01
all that money and using vip72 to locate stores with chrome. maybe i'm poor cos i do not ?
damn you have a lot of balls man
bro your handwriting makes me jealous!
it will reach that price 🚀
yup same here and i'll have the titanic them song playing while shib sinking...
makes my 100 million seems smalk
can we just have one green day!
people like you investing that sheer amounts in shitcoins are kind of the reason we are in a ‚bear market‘
shiba leash bone shibaswap emax bezoge rocket bunny
i hear ya. proud member of 100b club - what was your average? i got them around 0.000012
stay til 0.01 lol please
so we aren’t hitting $.01?
balls deep 🍆🍆. i love it 😍🥰
that means i’ll only make 10k...can you hold longer? lol
nice one. hodl strong 💪
vietcombank? never heard of it.
1 mil -> over 3.5 mil at one point? and you did not sell? wow...
beautiful sight i only have 17 million but i will hodl as well
thank you sir. i believe in the community too.
wow... im low ball with my 300 ... you got 156k millions !!!
so, what i am hearing is we have a rug pull coming if we hit .005... 🤔 nice coinage you have there tho sir, i salute you.
yeah nice try bro, you do not have to go to inspect and edit transcript to look cool.
can you send me like 200 mil or something?
well, i have 600k i bought at .00003 thinking "if it just went down from 00004 and it just got added to binance it will probably go up" lmao i hope my 20 bucks come back some day
your support will lead to a better future not only make you a hella of a pretty penny.
if it worked once why cant it work for others, again. the big bags can put in. but the little dudes get s return after its locked. i havent taken any money out. but i traded different coins around. i tried converting different coins and looking at how each function. then i minted an nft. it's a unicorn. my daughter picked, then. followed an ai unicorn, to make a cool conversion. semi pointless. but infinitely cool. my shib is leashed. im on a break until... theres like 14000 coins. some are a gamble some have a purpose. and some are art.
i may be a small time player with only 2.5m i will hodl till the wheels fall off
omg very beautifull man! go to the moon
you meanie a shib! lady shib whales be here too mate.
good on you whale lord
"i said on my latest video that i would buy £100k of whatever twitter shills me the hardest on."
while every other coins was going down shiba was going the fuck upppp
i smell lies. lies, i tell ya!!🤣😂
which is best platform for americans to buy shiba?
thanks captain!! your the best...
wow such a big holder . i can afford only 69m . hope it will pay off my all debt one day
wow... good luck :) i have 1 million shibs ♥
good luck. hope you can swim lol. i dont know but i keep hearing 1 cent isnt possible. but. you can do well with what you have. if it gets to a half a cent. i wish i knew
you are my hero. lol...
good for you, i had 150 doge which i gave it away, now just watching the market. wish you all the best
team'shiba forever congrats bro
when you a hold a billion and realise...you aint shit lmao
i sulute you sir, sell it at 0.05
from india hope it helps, i run an ngo, planning to do some good to the society of it is goes to $.005 ~ .₹37
we shall dub you the shibfather 🤌
if proof could be proof
burn some please lol
how much do you hold in xrp?
burn it before you earn it. keep dropping 200 million every 20 mins to drop the price. we all buy after shit hits the lowest bottom ever...may be double bottom...like 00000001
haha bro i will not invest more in shiba until shibaswap will not launch
is that your handwritting?
donate me with 200😭😭😭
hey guys donate me some shib crypto i have only 100.you all guys will be blessed if you donate me some this is my account on binannce
still hodling 19.5 trillion 🌝
🤣 you are not a whale, chad. a whale would have trillions.
we're all gonna be rich if it reaches 0.005
how much did you buy in and when?
the fake handwriting is a nice touch. what font is that?
i see many upset individuals burning shiba inu here ([ women in move solutions aims at empowering women globally via blockchain(shiba inu inclusive). my request is that do not burnt shib inu but rather donate it to wims(cto.io,admin.io). this will do a lot of good to women in future. we will use shib inu to train women how to shibaswap, create smart contracts, wallet security or use it as utility token. why not donate it to women if you do not know and trust wims? imagine if all women(4b) world wide where to join shibarmy and blockchain.
“be greedy when others are fearful and fearful when others are greedy.” - warren buffett
the asus tuf laptop is nice😆
so let us expect a big dip at 0.005 lol
where is new update of whoof paper?
real ball of steel. respect
i’m gonna need it to drop a couple zeros to hold that much. 100 mil is about my max at this point
you‘re a real vietcong 🤑
wait for .01 if you really are a man
will it reach 0.005?
brother you will see this year 0.001 😉
we have to pin this foe the motivation for all
please do, we are all about to sink with it if it does go down but we want to see it to . imagine the feeling of getting it to that point before doge does. i would die a happy man.
i love you whale ❤️
can you show us same account on mobile?
this guy out here buying like that and i'm here struggling to pay 20k college fees :p i has some shiba but not much
you will be the one who will never allow the price os shib to grow up. until people start thistributing (not socialism, but jn this case selling) it will never grow up.
go all in . make picture. post it on reddit. then sell 90% and put everything back om btc. 👀
in binance you trust” hope not all eggs in one basket
i still don’t understand how . how does the price rise up with the current supply?
thats bs. show me on your phone. it's easy to change numbers in letters on the browser. wouldn't believe this shit.
i'm an anorexic whale
hold, im with you...
you do not have .3m worth of shib, do you?
holy shit what a beast
not all heroes wear capes. 🙅
i’m only in the low millions... but hey, i feel good having millions of something.
will loose my house next month in an auction caused by lost of job me and my wife but holding tight 20 little millions shiba... maybe one day i can buy another one better then this one, congrats and thanks for holding that amount
can 200m shiba tokens get you to 1million .001?
perfect thank you!! don't miss out on this drop free wshiba!! instant withdraw!! 14centz bnb is way worth it for me!! one for each wallet please lol!! 😁
burn some of those and make us all some money
💎💎 buy buy buy to the moon.
this makes me want to sell now and get back the same amount i invested. your withdrawal will be more than vitalik's.😄😄😄
u fuckin balls of shiba
fucking sweet. when did you buy them? i have 765 million altogether, bought in april
question, what is whoer?
wow i thought my 94 million was strong!
you are one of those pump and dump guys now you don’t want to sell….
you sir, are a hero.
hold to a dollar and become the world's richest man.
well said haha don’t sell unless on the way to the hospital
what the freaking fuck
give each of us a billion you miserable sod
there are so many stupid posts - so i checked your posts history to make sure if you’re one of them! you are not - but you’re truly a brave and honest soldier in this little army. i hope your dream comes true - soon. however, in future, don’t fall for these sort of jokes. bet your hard-earned money on well-developed projects with purpose of serving the humanity - not couple of stupid wanna-be millionaire developers who don’t even know how to burn their shit.
well sorry to break it to ya. your going to hodl forever. shiba is going nowhere but doen
hey bruv i've been trying to buy some shib for quite some time but cryptocurrency is banned in my country (sri lanka). no transaction from a bank is allowed to an exchange. can i have a few coins from your fortune? thanks in advance. would mean so much. i mean only if you wish, no hard feelings. have a nice day! shiba to the moon someday!
and for that sir we salute you
i dare you to burn them all
that’s not whale numbers for shib unfortunately
it will pay off 🚀🚀🚀🚀🚀
feel good sunday. you sir...are a fucking whale daddy.
i'll be right there with you my guy 💎🙌
why is there no wallet with that amount? ;p
absolutely beautiful man! we only lose if we sell 💎🤲 my 55mil isnt much conpared to some but not selling til 1💎🐕🔐🚀
i’m hodling with you bro
could you give me some? i only have 400k shib.
i’m selling at .0049
jfc do you fucking hear yourself. fuck being a billionaire even if it means acting like this.
you are retarded 😊❤️
donate them to me because it will never reach .005 😂
dude if you're gonna waste a million dollars at least do it for a good cause and get some tax writeoffs by donating to charity, this is just retardation
i honestly do think you should sell man! crypto market is going to crash to 0$
thanks we are going to defeat that stupid dog 😂
not steel, my balls made by vibranium
maybe that is his drink money for the weekend , but still , respect sir , indeed you have balls of steel. shibaarmy to the moon 🚀🚀🚀🚀 i really hope that we will moon together.
hodling yes but spending? if he bought last december it is no big deal.
that's alot. congrats!! 100m and growing over this way averaging about 15.
16 billion here and with you till the end! a captain sinks with his shib!
my guy- thanks for giving us hope 🙌🏼
did you bought in at the beggining? or recently?
yall guys making me feel bad with my little 10b but still gonna hold strong
thanks for the advise, dont worry i wont sell them all at once. i need to think for everyone and protect this army
in my case i need to hold for 1 year, let us see how it will be the brotherhood in a year
to jump on this, if you have to pay taxes, i know a non-profit that accepts shib. might as well write off the donation and help another group out instead of giving it to the government in taxes!
you said it more nicer than i did.
**keep on believing everybody.**
you already have a mil and you have not retired...?
i think your on 2 something with jeff bezos thing. i do feel if one were 2 really watch ud see they (uber rich) do crap to each other often enough that effects markets. now with social media you see can see the stuff they do to screw with ea other. you go michael burry saying hes shorting tesla 4 like half billion or something crazy like that. sometimes i feel they are funnier then any reality show. i just dont want 2 get screwed in process.
i really like your positivity! 👍🌈☀️
its not possible sorry. with no further burning it cant get that high. perhaps .0001 at best.
no hold you ,000,000 until it hits zero like a man 😤
lol 5c?? haha look at the ignorance in this sub.
they way is too hodl forever... but no one understand this 😅😂😂
with no further burning (and the official shiba uni thiscord says its against burning) it cant get any more than .0001
that was me selling my 110k doge at .01 ahhh good times now i have less thank 5k doge worth more than the 110k did originally
you dont understand the whole numbers of market right
try being a grown ass man with only 1.5 million. fml lol
buy the dip! are you kidding me! this is hell of a time to be alive!
its also a pretty new reddit account
i didnt know that, great info, if i want to stake it.
can we stake it in binance? will it ever be possible?
hell no. the devs of shib are sketchy. leave it in binance for safety. we cannot trust them. a solution to our debt -------------------------- india fund: 150 mil usd transferred out in a week ------------ ------------- vb's other unknown shib charity wallet: 250+ mil usd transferred out already, with no vocalization on where it went. ---------- ------------ around 400 mil usd total transferred out in a week. around 2 billion usd total that needs to be taken care of before we gain. better to let them dump now. all of us can then invest safely and it would be inexpensive for us to catch up. someone please tell shib informer (claims that he works for shib) that we are ready. slow bleed will devalue the coin more in the long run. at the time of this being written, we have 420k holders. we cannot sustain these donation coins when the value of them goes back up. please share this everywhere.
i know metamask will work for swap, coinbase wallet work as well? that's how i presently buy my shib from the website, i figure that would work too.
“being a whale comes with responsibility” lol.
you understand this is a market right?
people that cares about privacy tends to use firefox, its a better choice.
what browser do millionaires use?
yes most silicon valley types do.
this actually made me lol. 🤣
guy was asking about what to do about a stuck ~'m supposed to believe he also has 156b shib.
yeah seriously nice handwriting
yeah absolutely beautiful handwriting
you’re aware that 0.005 would mean a 2 trillion market cap at current circulation supply? the entire crypto market cap is at 1.3 trillion dollars.
what kind of moron are you to ask someone to his face to set fire to his hard earned money ... you sir are a clown 🤡
stfu he don’t need to burn if he’s holding . dumbass
don't burn it. stake it.
this joke has potential, just needs to be rewritten
do what the whales do. you know this is coming from miles away. get ready.
how much of yours have you burned?
... and i'm a nigerian prince
this is just bizarre
yea... now i just do not believe this entire post. a young billionaire with a lambo who decided to make a reddit account a week ago, who asked about a transaction on binance regarding 12,000,000 vnd (less than a thousand dollars), and is telling others to hold. even if this is true, you need to act like a real business man and get off reddit with this chilthish posting. it makes us all look bad. by the way, i do not understand your whole thing about being a man and what problem you have with women. we have female investors holding shiba as well, i'd appreciate if you did not insult them.
speaking like a true visionary...i can clearly see you get the bigger picture. congrats. too many that want that quick buck and cry when it does not happen.
you had my atention and now you have my respect. thank you fellow shib, let us inspire this sub and this generation by doing good and heartwarming investment. remember we're also helping india's covid19 situation. lets fucking go!!
with great intentions comes great rewards
stop weighing down people's hopes. its like youre an anchor man or something... :p
will never get there ... hopefully
why are you in a crypto investing reddit, then? where do you invest your money, let us know your wisdom.
thats 2 commas in there 😂
yep you’re right !!especially with shiba swap coming ... it’s best to take your profits from shit coins like bitcoin and put it into shiba
just curious, where are you going to consistently get a 25% apr, especially for a significant number of years
lmfo i was at 1
no, that’s nearly impossible. if it reaches .005 that would be nice.
doge was puped by elon, if he was not now doge was 0
the only thing “daying” is your command of the english language
it's spelled "dying", you stupid fuck.
the whole market is crashing. actually shib is doing the best
its not possible. it wont even get to .0001 sorry. do the math.
>right click element inspect , damn everyone can be whatever they want on the internet 🥲😂 i have seen people saying this "inspect elemtn" thing more than once... what does it mean? i would love to understand what to look for and how to read it!
yond puts thee in the top 0. 02% of the wealthiest vietnamese *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
sold some nuke for korea (north) 😌
here's a joke! teacher: now class, whatever i ask, i want you to all answer at once. how much is six plus 4? class: at once!
if 't be true thee selleth anon in earnest everything shall senk, shiba shall beest crash as crazy *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
that’s plenty to get rich on don’t beg for others 😂
i heareth ya. fustian member of 100b club - what wast thy average? i did get those folk 'round 0. 000012 *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
thee meanie a shib! mistress shib whales beest hither too mate *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
he should burn really
i will be messaging you in 5 years on [**2026-06-05 10:37:29 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
it would be in the binance wallet anyway
there is that fud.
nah you got two infinity stones for balls
what a beautiful reply
i love you so much
is it difficult to walk around with such heavy balls? do you have custom made boxers? who's your designer? our army salutes you general!!!💪💎💎🙌🙌🌒🐕🚀🚀🚀
you're the 2nd biggest whale i've seen. the first biggest whale i've seen had 450b but now he holds 370b. both have nerves of steel, i mean vibranium. ❤❤❤🐳🐳🐳❤❤❤
then hold to the full penny 😄
i owned 150 billion...sold off all the way up. like a boss
just stay tuned bro :)
no big deal just want it to become something bro :)
you're a good person sir
what a men. honestly. i will pray for you sir.
please explain further. would much rather be able to write off then hand over money to the government for them doing nothing.
how does this work my dude
this person gets it. there's no scarcity with the amount of shib coins that are in circulation. for comparison, doge only has 129.72 billion coins in circulation (despite it is infinite supply), whereas shib has 397496.00 billion. **that's over 3000x more than doge.** this is not to say that shib has no value, but currently it cannot drop more than 2 zeros. leash and bone, otoh, are the big value coins and what shib is meant to prop up.
well the think about foresight is you do not know if they will pr not burn anymore ? just remember anything is possible.💎🙏🏻
why do you say that? isnt ethereum creator backing up shiba ?
how do you report accounts like this?
i only hodl coins forever when they have actual progress in the real world. 💎🤲🏻 my is solana. yes it got pumped up to the 50’s but has finally came back to upper 20’s just like the rest of the crypto. people keep saying its a crash but they are undereducated with market pump and dumping whales. all the crypto is almost back to where it should be. everything has been over valued and making it very volatile. just my $.02!
if i'm being honest i do not. still learning. wht do you mean by this? i would like to hear wht you have to say.
nope not trying to be a debbie downer, but there is way too many “pump and dumps” since covid started and way too many amateurs getting into the market. people have lost a lot and now they are losing even more. i did buy in the dip, 54 million more
best not to put all your beans at once in the swap. a million dollars is very risky to put it all in the beggining, you never know what glitches or, god forbid, be a scam of some sort. but hey, if you have a million dollars to dump in shib, you probably know alot more about money than me
shibaswap will be used for staking. binance might have its own staking with less reward.
okay we get it spammer. you are fucking annoying.
this just needs a fucking life . get the fuck out of reddit with your dumbass self .
at release only metamask us supported. other wallet will be added later.
haha i just realized that
yes and this is also a community driven market
except if you use netflix because it is drm is just a black box running inside firefox that they have no idea what it does. you can turn it off but then basically say good bye to streaming.
use brave instead and earn bat crypto while you surf.
secret rich people browsers
according to his most recent comment, he is a billionaire who does not need his holdings 🙄
oh... nice footwriting then.
this is the real reason it will never reach .005. plus as it starts to increase in value more coins will be mined. so assume double the coins which makes it a 4 trillion dollar valuation. the only way it reaches .005 is if 90% of the coins are burned.
how much was the entire crypto market cap 4 years ago?
30%. and im not even hodling as much cuz i cant afford to lol.
damn, you too? we're long lost prince brothers
its the same shaning language every time. guys who are paper hands are whimps, cowards, (women??) etc etc people that buy are strong etc. i'm gonna call it out as a shill account.
\_ 12,000,000 vnd is price for per bnb, not total amount i bought. i blacked out the amount of bnb i bought to avoid attention. if i only buy 1 bnb, why binance temporary hold my bnb and ask me to contact customer care? binance has an anti fraud and money laundering system. it must be a huge amount of bnb, that why binance pay attention on me \_ i have been tracking the price of shiba inu for months, it's always stuck at 000016,17,18 after vb burned coin. when btc "bloodbath" few days ago, shiba drop more than 50% , paperhands begin panic, cry and runaway ( cat could not keep everybody on thiscord calm that day and some people started calling shiba is scam ) \_we are slowly regaining stability and i need to do something to inspire shiba army. today is a historic day when altcoin including btc go down, we go up. i need to do something to give people hope and trust. for the best future of all of us. \_ my mother is a woman, and my girlfriend too. they raised me up and loved me with all they had. so sorry if i accidentally hurt you or another woman. i dont meant that. i am just mocking those paperhands if i reveal my main reddit account, some people will find out my ig and facebook. and i dont want to be brothered by too many people texting or asking for money
with people having billions in coins no it won’t.
hotbit does 25% apr for usdt
no it isnt. when the market recovered slightly, shib went nowhere.
just did! .003 gives shib a very reachable trillion dollar market cap. 🚀🚀🚀🌛
this is a deflationary coin, which means the amount of coins decreases over time. less coins, means increase in price! you have weak hands! 💎🤲🚀🚀🚀🌛
no one will burn his stake, i wouldnt do it. hopefully the bury will burn the coins.
ah yes ofc 😃
if anyone out there has the time stone let us fast forward to shib ,000.00 a peice.
which two though ? 🤔
downvoted for making money lol. same boat for me. i cleared what i wanted but best believe i’m still holding a bag too. congratulations! we need more honest and positive people in this community.
i have just 2 mil, feeling broke :(
its like a regular tax deduction. certain charities you are able to deduct donations from your pre-tax earnings. so if you earned ,000 fr the financial year and donated ,000 then your taxable income is now only ,000.
to add to what the others have written, you can donate up to 60% of your gross income to charity.
so let’s say you know your capital gains tax will be ,000. you can donate up to 60% of your gross income to charity. and deduct your donation on your taxes. so if you were to donate ,000, you could deduct ,000 on your taxes thus reducing capital gains tax. look at vb, you honestly think that guy just gave all the money away?! no, he is deducting all that off his taxes against what he owes for capital gains. the guy will make billions, and not pay a cent in tax(most likely).
is it possible that with the shiba swap the amount circulating may reduce or be burned along the way?
>that's over 3000x more than doge why does it matter when shib is so cheap though? 1 doge is like 35,000 shib.
sure, anything's possible, but i do not think you realize that something like 80-90% of the available coins need to be burned for it to ever have a chance to reach a penny. i like shib. i own shib. as fans, we have to be realistic about what the coin can actually do. there's a lot of people that are expecting way too much out of it. they're going to be really let down when it does not happen and i do not know where the community goes from there after the morale takes a beating like that.
it’s impossible that the market cap will be that high
no, they are using the eth blockchain. etherium creator has no hand in shiba at all.
there's just way too many coins in circulation - hardly any scarcity. this is probably by design to help prop up leash and bone.
lol no. they sent shib to him and told us that how they “burned” them.
there’s a report button. i used it for him
volatility am not no joke.
people are stupid ... follow the videos to get rich in no time ... but here they did not understand that it is a fucking game ... you cannot invest your entire capital without being willing to play ... i believe in the idea and in the project ... i keep hodl! in no time it will be the currency used by everyone ... look what he did for just one year 😅 otherwise i just tried it and it went wrong 😂
’t make a difference basically
it's all good mrs downer. seriously though, everyone has a strategic way to invest in stocks, forex, crypto, etc nobody is right. but one thing i've learnt is that buying when everyone is losing their shit is very profitable. sounds horrible i know but investing is such a shit fight.
i thoroughly enjoyed your last sentence! seriously man, right?!!!
can someone explain staking to me?
i heard someone somewhere said it’s unsafe to use it. however, it seemed like that individual had nothing to back his.
that looks overly complex to me for an one-off or a rug pull. seems more like a complex endeavor aimed at long term profits. but that is just my personal thought of a crypto-noob...
the whole article can be debunked by saying designer design ui of a swap on photoshop then the developer develop it later. nothing wrong with posting photoshop image and not screenshot.
that's fine, there is a huge difference between hype and trying to make this dude get on board with holding a bag. if he invested that much, he has every right to sell first. "you need to" statements are cringe as shit.
oh boy, if everyone here gained, no one would. you gotta learn that basic lesson. it's how markets work.
no sir, brave is based on chromium, so using brave would be supporting google's monopoly in controlling how users browse the internet. also brave is known for following some shady privacy based practices like the one below.
just saw it. people are eating it up. i cannot handle this sub. haha wow.
can't mine more coins? and when shibaswap comes out, people can stake coins and also i believe turn shib coins into bone tokens. which would be almost like a burn for shib tokens. this is how i believe it works and could drive the price up very fast to that price range.
its 100% literally impossible to get that high.
yeah i hope so too man we won’t get anywhere with all these billionaire and trillionaires amuck... not everyone can be rich :/
time stone and the mind stone seem fitting😂
people do not seem to realize it just means you do not pay tax on that 5k, it does not actually save you 5k.
remember you can also write off your losses as tax.
there are calculations out there to hell figure out how much would help.
yes this is correct, and up to 60% of gross can be donated.
yah a ton of people do not understand his donation to charity while it was great of him was mutually beneficial. he can now pull out millions in fiat by realizing his gains on eth (since fiat still easier to spend obviously), and end up paying little to no taxes. he saw a point where he felt it was at its high, donated to obtain its full potential value at the time as a tax break. and he looks good for doing it. if he would have sold it off instead by the time he sold it all off he would have tanked the shib price likely only making his gains significantly less than the value he can instead claim as a tax break. genius move on his part.
it was my understanding that he intends to decline the tax write off for the donation.
a few hundred trillion coins need to be burned before it could ever reach a penny. anything's possible, sure, but is it probable? almost certainly not. honestly, the coin is meant to be worth far less than a penny by design. it's cheap so that people will buy in with the hopes that they will be millionaires some day at very little risk. again, however, it was always really about leash and bone.
no shiba swap won’t help shib
i was making the comparison to highlight just how many shiba coins there actually are. think about it: there is currently over 3000x more shiba coins than there are of a coin that has no cap. that's a lot of coinage. because of the basic principle of supply and demand, shiba will never be a penny per, nor half a penny per, unless an overwhelming majority of it gets burned. i own the coin because i think it has some value and potential. what i would not do though is expect more out of it than it is capable of. i implore others to do the same lest the community be damned by destroyed morale.
which just makes the journey toward 1.
after reading more comments i see he is going to sell not all at once. but if he sold his billion+ in one shot it would tank the market.
fair enough :-). i deserve that. however there are instances when buying more as something goes down is not always the lucky strike, but a bad play.
wallets are generally safer than exchanges. maybe the individual was talking about fuzziness with shibaswap will get released or not. in that case meanwhile you can keep in binance or other exchanges. when the swap is released you can then transfer to metamask wallet and then stake if you want through shibswap.
people do not realise those tokens are the holders property and can do whatever they please. if you make a profit, congrats, even if you're a whale. if you want to be altruistic and keep holding then the community is grateful. thats the way the game rules are set
chromium is open software, and pays you to surf. if you do nothing illegal you shouldnt worry.
right click > inspect element > add a few zeros > screenshot and post to reddit.
watched a guy painting in the park that was using his peen to paint a portrait.
nah bro, it’s the power and soul stones for sure
yeah, well we will see what his tax group tells him. i’ll believe it when i see it.
i do believe that leash and bone associated with the shiba swap are the goal, i don’t think that it’s goal in the first place was to multiple millionaires, that is how people who saw people getting rich interpreted it. but i’m curious of how it will all unfold.
we are still waiting for a second burn are we not? not the one people have petitioned for, but the schedule before the big india donation thing?
my smooth brain is missing something here. you'd need roughly 400,000 people to hold 1 billion coins each () to hit the circulating amount. or 800,000 people with 500 million coins... or 1.6 million people with 250 million coins... or 3.2 million with 125 million coins... my point is... it's cheap to own several hundred millions of this coin. with the momentum it is gaining and the people buying, how is it not possible to reach 1 penny?
even if he had like 300 bilion he woudn’t shake up the market if he sold at the same time
good to know! thanks guys!
agreed. but the whole gamestop saga has completely screwed the market and now we have the 'hodlings' who have no idea what they are doing. i'm old and live in a country where buying a house is near impossible. i'm going to profit off their stupidity. it's true only way i can get a headstart.
thanks! is metamask one of the best crypto wallet? i haven’t used a wallet yet just keep it on my exchange.
my first thought was time stone. i’m going to vote for time and mind stone also. 🤓
i do not believe that the developers are trying to deceive folks into thinking they will become millionaires either. it was meant to be very cheap, however, based off of the supply that the devs made available.
i'm not sure nor am i aware of any upcoming burns. apparently, the devs have zero interest in burning any coins themselves. regardless, about 90% of all available shiba coins needs to be burned if we ever want to hit half a penny per, let alone a full penny. fortunately, as things stand, there is the ability to hit a hundredth of a penny and that would be an incredible roi.
join the official thiscord for shiba. it says they have no interest in further burning.
p.s. i wrote a post about that point on here but it was deleted since it was "spam".
because the amount of money holding shiba uni coins, would have to be more money than actually exists on earth.
dude needs trillions to put a noticeable impact on the coin if he were to sell.
there are many good crypto wallets such as metamask, trust, exodus etc but shibaswap will only support metamask when it comes out. others will be added later. make sure you keep your 12 words key safe when. this keys are like your password.
just need to note what tokens and networks are supported for each
thanks mate! i didn’t know that at all! let’s hope we all make it to the moon!
to put in to perspective on how much he would need to made an actual dent or cause a drop in price, look how much vb gave away. and look at the impact that had on price of coin(exclude the market crash we are currently in). 1m dollars is nothing on a market cap of where shiba was sitting at ath)
everyone who actually wants to make real gains
i have over 900% gains 5k is not the money i am in here, at least i need six figures. holding
me and buying more
364 mill and hodling
same. holding for the long haul. just put your phones down and don’t watch price like a hawk.
if you think i’m selling to make a 8-10k, think again. i’m here for that retirement check
i bought back in april with no intention of selling any until it reaches at least .01
holding keeps me warm like i'm hugging a pile of shibs.
not me. i sold all of my shares so you can buy it. i made . nope. just kidding. i'm holding these millions of shares for the next 20 years. the idiots who sell these now are gonna pay! just like bitcoin, ethereum, and doge. yo, this is our future money. they said the same shit before. bitcoin will never go over (now at ). ethereum will never pass (now at .2k). doge is joke coin (if you invested ,000 two years ago, you would be a billionaire). shibu is a joke coin (if you invested ,000 a years ago, you would be a billionaire. if you invested ,000 last year, you do not have to work for the next 10 years depending on where you live). where are they now? ' busy buying it at high. these fools do not understand it, do not know it, do not care for it. now it is a thing, they are spreading thisinformation about it. that's all that is. ' the fools who sold bitcoin back in 2018... rip. the fools who sold ethereum back in 2020... rip. the fools who sold doge back in the spring of 2021... rip. the fools who sold shiba now... rip. you think you're smart making that trash money? nope. you're not. hold! and buy more! the stock market folks are boomers. they literally do not understand any of this. fuck it up some more for my rent going more than inflation rate (5.4% - which the real estate market has gone past that) every year.
well i been buying the dip
there is no other way! lfg 🚀🚀🚀🚀🐕🐕💎💎💎
holding 35 mill and just bought another 1.5
hodl for the future. not selling anytime soon.
i just bought 10 million coins at 0.00007 lets get this shit
anyone with two brain cells.
i bought 5 times today😝👍
1.2 billion holding and buying more
i don’t see why anybody wouldn’t hold. it shot up over 800% in the last month.
holding and buying, see ya in the millionaires circle.
everyone who likes to multiply their money
i'd prefer to just delete the app for a long while. my eyes always find a way towards my portfolio 👀
staked my first shib today so i can’t sell for at least three months .
holding till i see fuck you money
1.1 b here baby. we ain't going nowhere
i van tell you i sold my long held mana for more shib and i dont feel great abt that right now.
picked up 120k more about 40 minutes ago...not much... but could payout bigtime in the end.
after all this time? always 😊
buy the dip 🚀🚀🚀🚀
i’m setting on 900 % profit and i’m still holding, aiming for .10 even if i reach that level i won’t selling all my shiba i will hodl till the end 💎🙌🏻
always and forever till this hit a dollar
hodl with strong diamond ape hands 🦍🦍🦍
350 million token burn happening today. per shib official twitter
hodling billions since january✨
wait... are we supposed to hold? i thought it was a 6 hour rotation
just bought more with my payday on this dip.
i'm in as of today! .
3-5 years before i sell. enjoy the ride
we’re holding so well it’s insane i was thinking we would consolidate closer to 50 this thing gonna rocket
buying more lets hit the 9000+
holding still just bought some gorilla inu because it helps actual gorillas how badass. but holding that shib.
i just bought more. i bought more yesterday as well but should have dcad my amount bc when i woke up this morning it was less than i bought for yesterday. so i just took a little more fiat and bought some more. 🤷🏻‍♀️ might as well while it’s on sale.
i’m never gon sell
holding untill 2023, at the minimum. if i lose my investment, so be it. if we score 0.01, daddy is getting a new car.
only way is to keep buying 🐟
don’t just hold convince others to invest like 100“forget about it” good fellow quote
does the pope shit in the woods?
does anyone else find themselves wondering what it’s like to go to a dealership and pick any car you want with fear of it costing too much?
only 7m but i’m long on this
i have 2.4 mil, if this hits even one cent i will be so happy
buy up this dip! it's about the long term gains!
i took out my initial investment of . nothing but gains from here :)
i added today too
hodling and bought 3 mil more 🚀🚀🚀
what reason is there to sell?
i mean it’s like a 5% drop so hopefully everyone
me, of course. diamond hands and.
i truly believe crypto is here to stay and will only grow exponentially. it’s time for the masses to jump on board. i’m getting a new job early next year and will finally be able to invest some.
been holding strong, all the fud has people scared and getting out way too soon, i’m still up 900% for the month, i’m not going anywhere
i am so happy i found this coin and community.
these hands aren’t made of paper 📄
so many bag holders here
buy the dip! holding 1.4 mil and buying more at the dips 👏
buy that dip! easy to hold!
i'm holding until i have enough money to retire.
eruditis favet ---->"fortune favours the prepared mind" # les champs de l'observation le hasard ne favorise que les esprits préparés", meaning "in the fields of observation, chance favours only the prepared mind." .
51,000,000 shib inu coins gradually built up from late september. . helped my sister in law set up coinbase to get 1,500,000 yesterday. there are potentially many rockets to the moon. i’ve got tickets for a few of them.
i added 2.5m shib today. this brings me to my (early) milestone goal of owning 10m.
i'm all in. i'm not gonna let paper hands screw me out of this opportunity. i'm at a net loss right now since i bought at peak, but it would not matter that much since shib is gonna keep taking off and there will be more than enough other opportunities.
you buy in the dip…i thought everyone knew
i went and bought more.
i have seen a lot worse happened. like a 80% loss in 2018 and 50% in 2021… this dip looks like nothing 🤯
i bought my first shiba today only could get 200,000 but i’m happy to have something
staking a couple thousand worth.
buy jasmy, it's on the verge of a big pump! then you can use the profit to buy more shiba inu
not only today, but at least for next 3-5years. to the moon! 🚀
added another 500 dollars worth.
holding and buying another
lol who is not. i should be rich or atleast set up with enough capital to make my first million from doge. instead i day traded my way to about 45k and then got greedy in may and lost 60% i will not be making the same mistake
hodlin strong, just got another 14m 💎💎💎
i sold right before it spiked lmaoo fml got more for some gains a lil will be good
always holding, never selling until i hit my number
let’s fackin gooooo 💎🙌🏼🚀🚀
today is no different to yesterday, or tomorrow…every day is a hodlday
been holding since 3rd october
i just uninstalled the app.
me whats going on to many people are selling its a shame
guilty of hodling sir!
holding 60m and topped up with another 5m today. climbing my way to 100mil 💎👊💎👊
today, tomorrow, next week, next month, next year. this is the way
of course i'm holding ain't shit happen today
that’s the only thing i do
holding strong holding tight!!!!!!!!!
most crypto is down today. fear not homies.
hodling and spreading the good word helping others get some skin in the game.
its going back up soon
i was thinking about cash a little bit out for a new gravelbike haha but i gonna wait for a better model so more gains 🚀🛸🛸
i wake up and check every morning (also multiple times a day). holding strong, everyone knows the drill; hold and buy the dips
must hold on. we can all do this
holding strong and long 💎🐾💎
hodlding strong and staking!
i'll be holding strong for a while
holding strong today? what do you mean? i’ve been holding and i won’t stop holding. it’s the only choice.
if coinbase didnt hold my finds for 6 days everytime i transfer money , i'd buy everyday
holding 120 mil shares long!
i’ll see you guys in a few years!
i am holding my butt cheeks... damn this constipation. sheezh.
my hands hurt from how much diamond theyre made of
who the hell even selling lol
i mean if you’re not then why did you buy it in the first place🤔
just hold and have patience. don't forget to buy the dip. ✋💎✋
just hold for at least two more years 💎 🙌
another 30 mil add ltfg😎😎
me me me me me me
102 mil holding hard
i'm just buying on the dips, 20 million added so far. 225 total.
hodling strong, loving the shiba gains this week, seeing a lot of shiba ppl in evergrow last couple days
had to sell 2mil shibs :( hopefully will be adding some soon
and who is buying today!??
if people are going to put money i the market they should learn a little about the basics of what drives trading. the faster it goes up the faster it goes down. you want healthy consolidation which is what is happening. these aren’t even really dips. right now we are seeing a wedge with lower lows and higher highs which is very good. but if you think what you have seen yesterday and today is a dip, you need to try to educate yourself for a bit because the last 48 hr has been anything but volatile.
lol just hodling?? i’m buying more at thiscount 😂
this guy right here!
waiting until 7-8 figures hehe
i can tell it dropped just from the title lmao
just got to a million! holdddddd!
bought 400m back at 000006. hodling for big payday around .002 i reckon. just need to keep eating those zeros
only problem is i can’t afford to add on anymore. miss buying a million coins for nothing
holding 122 mil here!!
man these type of posts "who is holding strong", "buy shiba", "guys holds..." and so on are silly and make the shiba community appear insecure as hell...it is starts becoming really annoying to read always the same post it is seems like everyone is freaking out and needs other peoples opinion to either do not sell or make a choice.
still strong!! stay strong!!
today? my friend i have been holding since mayyy!!!!
can’t wait for my paycheck on thursday🙌🙌
i sold 20 dollers worth for beef jerky
bought some more this morning
bought at another dip!
strong ... and buying
i’m long term bro
just added 14 mil
significant good standing by
i hodl everyday with these 💎🙌🏼
the question is who is going to buy more on a fire sale….
good to see this, enough with what are you going to buy when it hits .01. that may never happen i bought in when it was low can’t remember how low, but i own 50 mil. we need more posts about; “ every other week everyone buy 20”. that’s worth that chat. i invested 1500’m going to break even or be in a loss. and i believe that’s still a outcome, if we don’t rally and get it going.
this is good. its a test that get rid of the weak.
i already sold enough to cover my initial investment. i’ll hold til the end of time at this point as i have nothing to lose. 🚀🌕
holding? nah, i'm buying more
waiting for this mofo to take the eff off!!🚀🚀🚀
shibarmy!!! what price are we 💎 🤲 on? i recall that it is 1 cent!! please when it reaches one cent, i wish we all come to an understanding that we sell half your investment of shibs and keep the other shibs to hodle . i say after it hits one cent, we can vote for a change to make shib go above and beyond 1cent. i say we ask and vote for shib to 15 cents. what do you think??
i hold strong everyday, today's not special
holding 25mil so when it reaches a penny im only selling half my shib and hold the other half till maybe a dollar
careful. this thing could come down alot. i'm holding, but not as much as i first had. i'd buy again if it falls
secured a few million more today at .68, not even phased by the dip🤷🏽‍♂️
i am all in
hodling and buying more today!
been holding since last year!! still holding 131 mil
minions staked, couldn't hold any harder if i tried 🚀
haven't ever sold, not this bad boy. we going to the moon
meeeee holding till .1
i bought my first shib today! 1.5m. hodl!
tweet at coin market cap to fix our circulation and market cap!
bought 15m more on the dips. was told this is the way.
holding till i can retire an live comfortable, support my family, take care of my parents debts as well as my sibling's debts. it's the least i can do for them. holding till my bloodline can live without financial worries.
shib is already worth more than deutche bank. it'd peaked.
i see a dip, i buy more shib.
i wasn’t aware you could sell. i just keep buying. does the + sign sell? it keeps costing me money but i’m gonna keep trying anyway.
haven’t even looked at the charts i’m holding for strong all of 2022
nobody lol take profits before the grand rugging ya dummies
shib is cooling down and consolidating for sure right now, but i'm going long on prospects of robinhood listing which will drive increased volume to a new audience that only uses robinhood. shib is extremely hot and will continue to see increased use cases as places like amc that support meme coins are looking at accepting it as payment, and its utility in the whole nft ecosystem. if shib stays hot and desirable for its functionality, as supply burns, supply shock will hit it over time. development will have to continue for this to occur, but development seems active for shib. added only . it's in a definite downtrend, so do not kid yourselves if you want a quick buck, but there will be a good buying opportunity coming up as it deflates if you're going extremely long on shib. even as it hit ath i held and did not sell because i dca'd in at much lower averages than even it is current price, and i added . when it dips hard, i will throw in another , maybe even a whole paycheck. if this is the new floor, i will keep averaging in. there is a strong possibility of an imminent crash - if you examine shib's history it is moving in the same wave pattern as before. a relatively small pump, followed by a parabolic run, triple top downtrend with a crash concluding where it finds new support. downside in the medium term, unless volume turns back around is at .00002. my analysis, not yours, and certainly not financial advice. long with 10.5m shib.
my aunt and i.
holding and buying on the dip!
hodl in the house
am buying like crazy
i'm not only holding. i'm buying more ... any dip . i'm buying !
buying the dip :)
my stepmom bought now
holding strong until 0.1
i’m 11 million shib off from 100 and i’m waiting for a solid thiscount 🔥💎
holding and buying more 🚀!
holding? i just bought
holding and bought more
today tomorrow yr 2021,22,23,24,25,26,27 then will consider selling.
w8tng to buy more!!!
i hold millions of shiba that already make me a milionaire i do not need the fiat money bullshit.
shittt i might buy more 💎
who is a cool dude! i’m glad he’s holding strong
i plan on holding shib for a long time, so a small dip does not bug me. i do not see any reason for people to panic sell, just look at the % increase this month.
i hold for army
buying more and holding 200 milli
staked mine for a month, not selling
is there any other way 🤷🏽‍♂️
these post makes my balls tickle! paper hands are soap droppers in the pin muhahahahaha
everyone in this sub is.
it’s actually been pretty stable
just bought , so ya!
sold some and got some mana, then moved all my profits back to shib muahahahh
bought 14 mil. hodling
hodling and not selling!
🙋‍♂️ today, tomorrow, next week...
been holding since march
buying more here! consolidation and flagging on the daily! when volume pick up…which i think wont be long…we fuking moon!
i have 37mil now. got i a few weeks ago and kept adding. i dont look at it now days. i will leave it for a year or two and continue to add each pay day...
i aint budging other than buying more!
holding and buying 🚀🌚
i hold strong every day
i bought another 3mil, up to 18mil. ☺
5k eth and 3k shib. hold or die
holding? only? no no no. i'm out here *buying* the fat sale and then holding
bought another … i’m developing a problem of buying sizeable amounts... put in . should probably be xmas shopping lol
does holding your penis strongly count
i been holding since may. bet me, no sweat
still has not initiated my limit buys...so me!!
i'll see you friends in outer space
not just holding, buying too
hodiing and diving down to buy the dip 😹 more on sale? why not it will appreciate in the long run to mars 😜$$$
gotta get 💎 👏 too
i ain’t no paper hand bitch. i want to improve my live and eat. i have 15 mil and will buy more when i get paid. holding till i get my hello kitty painted french tank.
hold!!!!! we will run it up again and again.
i'm in and still holding.
i actually bought more lol
real question is who is holding now, besides me. 😂
been buying all weekend. got a good feeling about next week. 😎
i been holding the most i sold was 20m shib to get my self 1 leash coin which i’m holding as hard as my remainder shib it was like 1
still holding my 20x shib long: [
holding onto my nuts
i’m buying. i’m in it for the long haul.
it is simple, win big or nothing at all, i am here till it explodes to pluto
74% of us on coinbase. 1.8% higher than yesterday.
i do not think it is people selling, but it looks like all the crypto assets are dipping a bit!
sold, hopping on the low caps below 1b for 100x. pla🔥🔥🔥🔥
im holding and buying! 173,045,211 shib in my pocket right now! big penny here it comes!!
idk even know what's going on... its all staked!
just 2 days ago i was at only 1m now im at 5 :d
i am for sure
so many million and holding !!!
me and buying more.
this is how something becomes more valuable. the people that get scared will dump- those who stay are the ones making the risk. the question is are you comfortable with short term risk or long term risk?
all or nothing for me.
800% gain in a month, you would be insane to not hold that.
what do you mean by ‘today’?
sold this like the plague and went all into doge
bought more because why not. 🤷‍♂️
not asking anything 🤣🤣🤣
every time it dips i buy more 😂
right here...paper hands driving me nutts
bought the dip! ✊🏻
hodling is a no-brainer
only bought. no sold.
holding 4 a few more years!!!
i actually just bought 20 more million
another day of holding strong!
really no sense in selling this is a long term play just buy, put some price alerts on it and forget it about the price until it hits what you want
sad about paper hands though 😔
holding strong with 15.9 mil
bruh hold? i am buying the dip
we here baby! whats'up ?!
i hold strong everyday. buy and hold. don't panic.
buying more at .00006 , let the price come to you
i caught a little bit of the mana action today which was a nice thistraction and a handy way to... buy more shib xd. and a little mana back at a lower price cause maybe they can buy me more shibs tomorrow.
.01 all the way
to the whales: hodl you are part of the army now!!!
i'm thinking of buying more since it is dipped it is toes right into the red.
it's funny that every meme stock or coin has one of these posts on days the value is trending downwards
hold strong dog boys! 🐶🐶🐶🐶🐶
i am holding it did hurt a little today haha.
what is this shiba gf coin?
woof woof stay strong soldiers
to late to buy in?
hodl today, hodl yesterday, i check what happens tomorrow, just hodl
67m at .000007! hodl!
enjoying the ride, up and down, holding en focused!
i'm shib hodling til i become a trillionaire!
like this kind of positive vibe. keep it up 👏👏
why hold when you can hold and buy
holding strong - i just bought 80m 😎
actually set my mum up with binance and bought her 8k
i'm buying more added little by little. i think once they go l2 the price will continue to rise. elon musk said he expects shiba to hit a .01 by the end of the year. hope he is right
me me me me!!!!! to infinity and beyond!!!!!!!
anyone who answers the question 😂
if i had to sell, i would have done when price was 89. now hold for the new target.
it’s on sale! time to buy more! i’m not going to lie this purchase hurt a bit more because it wasn’t as many millies of shib!
holding and buying 💎🐕
i am now holding about 2mil now, bought about an hour ago and will be holding for next digit lol
not me, i sold all mine for flokin. made a nice 600% and out
holding 20 mill since 0.0000055
it’s still over twice what it was 2 weeks ago and the over trend is still healthily upwards. now is likely a good time to buy. when it hits robinhood we’re going to the moon!!!
me along with anyone else seriously wanting to make a better future!!! diamond hands shib army!!! 💎🚀💸
rock hard. haven’t lost an inch of wood over this normal dip.
this might get ugly and go even lower. volume is dying. we need another catalyst soon
shib? more like pissy cum coin
all aboard the space shuttle, corgicoin is about to blast off!🚀🚀🚀 100x potentia, 10 billion coin supply, 100% liquidity, only a 10 million dollar market cap and were up 10x in less than 48 hours get in before its too late to make life changing money! 💰 🤑
we are going in the wrong direction!!!
fr we are getting rid of the paper hand 😺 who made a quick buck they be back soon and have to buy back in at a higher price and make us long holders rich af 🤑
hodl till we die
yup. i told myself i won’t touch it for 12 months at least. no matter what. it’s been 3.5. i can handle it. if i lose, i lose. but i have hope. i’ll reassess in 7.5 months.
i thought i was supposed to be 5 years before it would even move when i bought in back in may. i'm here for the long haul.
holding strong everyday! go shib!
only 10.8 mil here
but... how do you make gains without selling?
this this what we do! shib, football and crab cakes.
fook 6 looking for 7 or 8 lol either that or passive income. at half a cent i will have enough the passive income will be awesome.
633m and hodling bro 😎🎃🚀💎💎
i feel like i should hide my 2.4 mil behind my back and shy away now. eh fuck it, too the moon
u make my 21mill look like chump change
what else am i supposed to do all day? raise my kids?
same here, we am not here for nothing. we here for the gold rush.
the true goal is to make enough money so you can invest them into other big projects and just convert to fiat whenever you need them. no use to selling all the shib you got just so you can have more fiat.
53yo i understand more than you know
people are allow to sell whenever they want. the real question is when is enough? people invest and need money for different reasons. it's so easy to predict past performances and say btc, eth and doge was this and that, but to be honest no one knows. as long as you made money and not loose money i'd call that a pretty good day, and it is not like they are not allowed to ever invest back in again.
you understand that shiba has 400t coins in circulation and btc 21m, eth 100m, right?
if shib went up another 300% is would still be under dogecoin all time high market cap. there’s still plenty of room to grow. as coins are burned, the value also goes up. this ride is just starting.
now add it up
meme coins are not for long term investment. look at dogecoin. once it hits the peak it dies.
it is going to keep going up next month too. we are just going thru correction
so you can buy more.
why would if lambo
as a matter of fact, i was just looking at this a few minutes ago.
thats not so much mate
there is no other way
and buying more every chance i get
me too add more
except for king bitcoin
i would rather die a hodl man than a paper hand
i still hedl it
hold til my 40 million shib's is worth ,000,000
this is the way!! that’s what potential paper hands need to understand. you need to hold, but i think some of them see it as this eternal thing that require so much time. i think a year is the perfect time to reassess your plan. you don’t always need to hold forever and ever. the goal amount of gains you want is entirely up to you. there’s just a lot of people recommending hold bc evidence would all suggest that is the way to get the most gains.
bought 2 mill this morning and holding
keep holding my dude!
by selling after the price has increased exponentially
it’s so simple, yet so hard. people will learn to make it through it just fine or they will regret it. it can be tough, but it’s so possible.
ok i will do that
i’m ready for your credit card number lol.
lol, trillion deez nuts 670 mil is not the same as a trillion
why would that matter? with numbers so high is there fundamentally a difference between a billion at ?
yet interesting how you don’t mention doge……
hush hush, you might break their bots if you are a real person and think critically
doge has no real use besides trading to other memecoins. and the fact that it has a lot of whales like elon musk... it would not make it further. shib is trying to build a true ecosystem like all the big players. yes it has a cute little dog but that was the start for publicity. it'll keep growing way past doge. a true dogekiller.
ive been holding since june. ive bought into the rest of the ecosystem, too. i hold leash and bone, and have a couple shiboshis. i will hold them all for quite a while. i have taken no profits yet cuz that would be stupid. i will say im getting sick and tired of all the "dip???!?!?!" and "hodl!!!" posts when shib is doing fucking amazing and has never dipped other than the big one at its birth. just look at the fucking chart and buy more and stfu unless its just to say thank you jesus that i got in now.
ok 140,000,000 more bought
i probably will, there’s like 9 zeroes behind gorilla though lol but for sure i will keep stocking up on some shib
same. i've had a rough life. i could use a little less burden financially.
is the way! hodl! 💎🙏🏽💎
i think i’m going to use hodlday more often and make it a thing 😂
cant stop checking it lol
i’ll hold it 10m indefinitely but i’m happy i took profits because we are absolutely going to return to sub 0.00003
my step mom is guatemalan. she cannot read english unfortunately
nice brother. to mars solders. can we hit 1 million + holders by the end of the year?
kung fu grip to the 🚀🚀🚀
realest words i never wrote.
some people bought a chunk months ago. selling now is actually life changing profits. my point is... everyone has a selling point. a lot of people just have not reached theirs yet. not everyone selling has paper hands. they've been holding longer than you.
let's be honest... it's not even tough ever, holding a crypto currency is so fucking easy you just deposit what you want to invest and understand that the market goes up and down. i swear half the people who invest should not be investing d; and i do not want to thiscourage people but fuck its an up and down game of patience ffs
not sure as people stated for shib to hit a penny would have to be 4x the market cap of bitcoin. and i dont see that happening. but i am no expert on crypto rather new just from what i have read on here.
live and die by the hodl
see you at the moon, my dude. i’m a bass player as well. i’ve played for 20 years. did a lot of cleaning up on gear in the last 2-3 years, but have started feeling a hole in my heart where my fender jazz basses went. definitely considering getting one again sometime soon. i’ve always been a fender jazz bass guy, but i have love for the p basses as well. i downsized to a squier cv 70s p bass, but it just doesn’t quite do what a fender j bass does.
i’m just trying to give people realistic encouragement.
of course. they did exactly what i’m suggesting everyone does. i’m not telling them not to sell. even if the bought yesterday, i’m not gonna tell anyone what to do. it’s their money that they’re putting up. i’m not trying to encourage the people who have been holding since last year to do anything. i’m trying to encourage the people who need to hold.
the reason it shouldn’t be tough is bc you only invested an amount of money that you can afford to lose. that’s the way you prevent being worried about it. you designate a portion of funds that you are okay with completely losing, and then you decide to put it into an investment that you believe in. then you wait. if you put a lot of money that you can’t afford to lose, then you are setting yourself up for potentially hard times and, at the very least, an incredibly stressful and emotionally draining ride to the top.
me and my 20 mill are still hodling stronk. you? you hodling??? still?????
that accounts its current circulation and supply though. that's what market cap is... based on supply and the current price. that's why burning shib is crucial and essential. that way you have less available coins, while demand increases and therefore the price increases. plus... bitcoin's mcap was not the same years before to now. yes right now nothing can surpass bitcoin mcap and never will really... but ethereum is already half of btc mcap. shib could theoretically reach eth cap while eth reaches btc. but the whole "problem" with market cap every know-it-all keeps mentioning is not a problem if the market naturally reaches higher levels of mcap through burning and increasing demand. it wouldn't reach 0.01 tomorrow even if everything was burned right now... and it wouldn't reach btc mcap tomorrow even if everyone bought every shib available. these things happen gradually.
i know it is off-topic, i'm at work with this; [ sitting next to me, ups dropped it off so i humped it into work and set it up at lunch. ' ps, that a sterling stingray \[l\], fender mia elite jazz \[m\] and squier mv jazz \[r\].
yeah no one should be risking their lively hood for an investment. i feel like it is self explanatory but still there is so many people in this world where shit like this is inevitable lmfao. atleast i can say for sure you understand the market and are holding stress free much like myself :) have a goodnight man <3
yea just bit skeptical on crypto just seems too easy to make money. if shiba doge and aall that where so good how come bitcoin is not dead and everyone investing in shiba and doge and make millions off a few hundred. because as i see bitcoin...your not gonna make money off it. doesnt move as much as shiba or doge etc would think common sense would be to dump bitcoin and buy 0.000004 cryptos. so guess question is if i have say 56 million worth of shiba right now...could i just sell it right now and have cash in my hand. because doing the math buying .
dips are just little flash sales for the real ones
i like the clearance rack. i buy and hodl
it’s like finding something by ferragamo that you look good in for cheap at nordstrom rack.
bag holding since may
not selling until shib hits .2069
we found a new floor. 💎🖐
i only put in 'm kicking myself in the ass because i should have put way more in 😭😭
about to buy more, hammer formed and going to 🚀🚀🚀
currently holding 57m. going to throw another 2k at it if we see a retrace of .000028-.00003.
what does sell mean
buying now is still early
what’s with the current drop- stupid shits. hodl!!!!!!
holding and waiting to doge buyers switch to shiba in the next days!
the stonks be here. i will buy some
if shiba is really going to put on robinhood i’ll sell my dogecoins to buy more shiba tomorrow
hodl on to the end... that is what i intend... to do. hopelessly devoted...
and i am buying more.
been holding since may 13th!!
holding the line with 13m coins
hold and buy more!!!!
i got in when it was worth 0.00001899! my ! >u< i'm so excited to see if increase! even if its worth 1! i might even have enough to open my foodtruck and get my self out of debt and help my family!
im so confident im already slacking at work this is the way
over 1 billion and buying more!
it’d be nice if we could get a decent burn of oh say 300 trillion or so.
looking forward to .01
been here through all of the spikes and dips, fomo and fud. it’s been a rollercoaster ride but i ain’t ready to get off... shib hasn’t even taken off yet. so where my diamond hand soldiers at!? 💎💎💎
i even converted 50% of my doge before the ath - you bet your ass i'm hodling
smart people : sell and rebuy!!! but i am dump. i will hold forever
such a good opportunity wasted, we could tried to reach doge this time...
nothing wrong with just working with my profits!
what’s the current float?
the bounce back is real.
8 figure club checking in
kinda wish i'd sold high and bought back in low. i could have doubled my coins, hahaha
hodl and forget about it
one family one army! 🖐️💎🖐️
not only holding i’m buying more
keep hodling!!!!!! 0000.41 now!!! kick the afterburners!
i just bought . maybe i should dump all my amc stock into shib. ' my friends finally got into it too.
big paper hand just sold most of my gains. i guess i am holding.
more importantly up if your buying!!
bought more today and will buy more end of week
holding that line since september
i will hold this until 0 if i have to
hodl and buy the dip, very good strategy here
down if you up
200 in with 30 a month lets gooooooo
🤚 off course, is there any other option? hahahhaha
my mums bought it now, my sister has shib, my brother has shib, even my niece and nephew have it now. if shib goes up more it will be on our christmas card, do not just hodl get your family onboard.
bag holder since 2020
robinhood very soon keep buying . 🙌💎🙌
sold today 250 million out of 1 billion 100 million ,took out my investment. rest of holding until .01. call me anything i will stick with you.
just bought some more - 530m now
hold for 5 years. me
✋✋✋✋✋60 million to .10c let us go shiba army...
gunna hold long enough to buy my strippers with cocaine
don’t matter if we hold or not. almost 90% of shib is controlled by the top 100 wallets. the only thing that really matters is what they do.
hodl the line soldier!
wow good job since may?
this. nothing to sell right now, only more buying.
me too! my only regret is not buying more.
same here! i’ve been picking up more along the way!
wouldn't you currently be up 4-5x if you got in around may?
not much of a bag now mate ;)
wait for the dip and buy a shitton more
i 100% did the same so now waiting for the to buy more (have bought )
don’t be so hard on yourself. it’s easy to say what we should have done now that it happened. you did what you felt was right at the time , can’t beat yourself up for not having a crystal ball. give yourself a break !
well the best time to buy more is now
make sure you visor is secure on your space suit!
it means go to your exchange and give them everything in your bank account in exchange for more shib and become an ape! hodl mither fuckers!!!!! 💎
nah they are releasing dopamine when they see their coin raise by 0.01cent lol
buy buy buy and hodl
ha! got the reference! and actually sang your comment to ~~your~~ my husband! also taking auditions for the hodling song from the sound of music. marionettes optional :) edit: beer
thanks for putting that song in my head!
i would say hodl, but when you see enough of a return to help you and your family, do what is right for them. family always comes first in my book.
hope that works out well they both bullish
fuck mars...we going to pluto with a quick touch and go on uranus
i would have if i had not been grocery shopping during the lowest point today lol
this is a scam. do not send them shib, with a "guaranteed return" fyck them
reported to the mods, including the above text and link. we need to act as a community and fuck the scammers
its not much, but its honest work.
this diamond handed ape dont mess about when it comes to holding onto branches of the money tree.
my guyyyy. ape gang
i bought in late april. it’s just over 2x
i’m 6x profit at the moment. sold half so i got my investment back , a nice chunk of cash, and still millions of shares to hold . shib to the moon!
i got in september and its 5x and still holding
agree and only do what you can afford to loose. not financial advice...u do u
thank you! i hope to oneday get my mom and dad out of debt. get my brother his own car, have enough money to put away for my retirement. if shiba even becomes worth half a penny i will see massive return. i hope to hodl for as long as i can but i pray that a helpful suite of money comes to me and everyone els who has a dream!
only cause the mars god let us you humans see his little floki. lol. .
the martians are coming. =dogelonmars# wegotnext.
didn't ask, dude. you live your life, i'll live mine.
i bought may 10th and 11th my avg is 0.0000234 gbp its now 0.0000284 gbp. this retard never bought the dip
your replying to a bot. ;)
bought the second it went on coin base converted all my etherium and litecoin the second it was released buying more every pay day
wait is that a nun that you're holding the squirt bottle too? you sick bastard.
your my kinda guy. i was new to crypto and after losing 80% of my original investment it kinda sucked and i didnt want to lose anymore. i did however average up when it popped back up. lesson learned is buy the dip.
don’t use coinbase , they charge huge fees. do it all for free on crypto.com
we have so many decimal places to burn not to late
been on coinbase for a good 5 yrs spend 50% of my gains on girls and coke the other half i waste
guys i think we might have bots in the sub, downvoting us to make us look small. i keep refreshing and the numbers are up and down every time. we are here and we are many.
will be going balls deep when my stocks pop no matter how many zeros
can i ask where you find your plays
lol, that’s the way! haha
bout to fuckin’ buy . fuck it…
i’m so glad that i turned 18 during the rise of shib and was able to invest. time to hodl and prove my fucking dad wrong
dude you all talking bout going to space while im just trying to not work another day again lol
i'm on the toilet at work just so i can be with you guys
fuckin just dropped another ’s gooooooooo
we’re still in a bullish market. this is easy. people are getting upset and scared, but if you learn to read charts there is nothing to be scared about. we’re still bouncing on our support line at ~.000063 and keeping a steady up and down until we break our resistance. don’t freak out until we’re below .000055 🤷🏼‍♂️🤷🏼‍♂️ patterns are the same all over crypto. it’s really useful to learn chart patterns like different triangles in order to estimate rallies and bullish price targets 🙏🏻
bank account - . coinbase - 46 k haha all in baby
beautiful bull run 🔥🔥🔥🔥🔥🔥🚀🚀🚀🚀🚀🚀🚀
honestly wish the best for all of us. too many rich people getting rich from peoples suffering. time for us (not so rich) to fuckin get rich.
im not selling till i have the amount to never work another day in my life lol
fuck it i just bought 1000
nothing is making more (or even short term) as far as i’ve seen - not financial advice but if you don’t hodl you’re going to regret. ask the guy who posted that he sold .5m worth 45. had he waited he could have had 😂 that’s if he just waited two more days
where are my diamond handed shibers 💪
shib is everything elon wanted doge to be
only people who needs to refill their crackpipe sells lower than .0001
when next paycheck comes, risk what you can & hope for the best
it’s gonna explode today from people getting paid and dip a little on the first for mortgage
want enough to tell my mcdonalds manager to fk off
when shib has its own blockchain (shibarium) a lot of doors are going to open up
how confident is everyone feeling
we practically reached .0001 two days ago. i aint selling shit
i had 140m coins but sold early before it ripped. now i got 40m ima cuck
ah fuck sorry guys i lied. earlier i said i have 6 mill. i lied... just bought another mill lets gooooo
brew some coffee or tea and tighten your britches we am not sleepin tonight!
robinhood is belly up and scared to tell everyone, they bought too much doge and now are eating it.
if frodo could hold the fkin ring all the way to mount doom, you can certainly hold your shib and do not sell. buy and hodl!
dont let the dips scare you. dip temporary. shib forever
the dips are black friday sales to us
karma is free! gift it!
350,000,000 here and i have no plans to sell for a year. this is the way. balls out my dudes. fear conquers most
if you dont do exactly as the hivemind does you will recieve downvotes, back in line heretic!!!
watching the graph obsessively is like trying to measure weight loss by getting on a scale every hour.
i’m about to put more into shib who’s about to buy with me ??
a famous quote "i do not have a dream job, because i do not dream of labor"
so tired of doge whales controlling the market . fuck that
we like doge but they’re like our douche bag cousin
debtless and my bills are paid. the
(humble brag) if shib hits .01, i really wanna get my teeth fixed :(
let us make this the floor
give each other good karma everyone!!!!!
is reloading for rocket 🚀 launch 🔥🔥🔥🔥🔥🔥🔥
fucking gooooo shibbaaaaaa 🔥🔥🔥🔥🔥🚀🚀🚀🚀🚀🚀🚀🚀🚀
just want enough to smile at
if yall aint buying the dip rn i feel bad for you
just bought . see you on the moon. in case you want to find me, i’ll be the dude in aviators, drinking pbr cans, butt ass naked, other than my moon boots. gotta work on my tan.
a lot more people will be coming to the table with more good news on shiba
i have 8 billion coins and can’t figure out my password
lets knock off a zero this weekend boys
i’m broke as fuck boys but i just entered the game with my first million shib
no one here wants to hear about your day trading bro u
the longer you hold... more it will go up due to burning alone
i remember in 2015 my classmate told me to buy btc when it was like 350 bucks
dunno why anyone would sell right now. this coin is still so cheap
bulls only! bought another 80 fucking mil baby!
remember guys, some must sell their token to get their crack.
anyone else constantly refreshing? 🤦🏻‍♀️
we coming for that one fucking cent
i fi have to wait 7 years to be a millionair so be it
everyone! let's see more upvotes. give each other karma!!
i gaureentee (my bad auto correct didnt correct it cuz i butchered it) everyone is going to become real wealthy considering the fact you’re here & hopefully risking what can be your future for the right reasons
to the moon my friends 🚀
let’s go for a new ath
just moved all my doge to shib
let’s get back up to 0.00008000
we had added 60k people in last two days
here we go lads
crypto is the future for sure
sold all my ethereum for shib
are we gonna eat another 0 today ?
should i yolo more into shib right now ??
let’s fkin goooo! bull run hasn’t even started yet. what are y’all waiting for? shit is fractions of a penny. what’s the worse that can happen? it tanks and you lost a few bucks? you can’t get buried with it!
i bought 25, never heard about shib but i believe! getting paid in 1 week and i’ll drop 200
not selling 'till i can fuck on a bed of cash
also, is not this like a months-long play for anyone else? we're here still basically on the ground floor. it is not going to drop a 0 by midnight so stop checking the ticker and relax knowing it is got hella runway to go
i’m sitting at 1.86 mill lol not much but it’s honest 🤗
we do need to burn drastically. they’ll figure it out
yesterday shib run destroyed crypto sites, cmc fucked up during that time and the supply is at 590 when it should be 395
bout to drop another 2k on it
47 million shib as of the creation of this chat xd
i think we’re gonna shoot up now with all the brits waking up on payday
morning from the uk, hodling here!
600m i’m buying more 😵‍💫😵‍💫🤑🤑🤑
i sold btc at 11k, i’ve learned my lesson. patience.
remember friends. you only loose money when you sell. hold the damn line
no way im selling this while still in the pennies. thats just stupid
tonight. we dine in hell
spread that shiba love. when we are all rich. drinks on me
i’m reading a comment from future millionaires isn’t that something to witness. life ain’t she a beauty.
ok i bought elon mars coin... this thing was at astronomical prices before it crashed was bitcoin in that period the price is coming backup fast i mean fast. i put 'm telling you with its limited supply and fast ground it is gaining
why can you not sell on coinbase? some one asked in thread
whatever you guys do, never get your hopes up too high. none of us can actually predict any tangible outcome. expect the worst hope for the best
(elon musk) look guys i could not tell you this was me. so keep it under wraps but i just invested half a billion dollars from tesla right into shiba... so do not be afraid!
you don’t understand burn
you have to drop the idea of this being a sprint or else you're not gonna last. it is a marathon.
already bought. already holding. patience. and to the “that’s never going to happen” people, you’re the same cancer that said “bitcoin will never go anywhere.”
even if it goes up to 80, dont sell, hoooooooooold till we get that extra zero out
that zero dies today
lmao this is fun
we went from 3.5 billion market cap to 51 billion market cap in 4 days.
i just bought back in, 10m shib - did i fuck up???
kids are buying this stuff during recess. the market growing like crazy
rumor: rh to list shib nov 1st
did you buy the dip? i certainly did. mooning everyone on the way to the moon
burn means basicly you send coin to a adress witj no owner and coin thisepear = burn
the shib army will grow into its own whales
don’t come on here bragging about trades just keep buying and holding
we're hitting a new resistance level of 0.0000745! that is nice!
i swear if it hits half a cent i’m buying everyone in this subreddit a new air fryer
i yeeted another 1000$
i love seeing shib on crypto.com and on coinbase👌🏼🥃
we found the guy who bought at the peak
shits about to go balsamic 🚀🚀🚀🚀
just dropped 10k usd more in. we in here!
amc to accept shib go vote
shit is about to go down, buckle up
roger loud and clear houston
just bought another 50 mil
it is doing wonderfully even during the glitch shit
robinhood will take 2 zeros off shib
im going to buy a million every time you guys buy a 100,000
why are we saying fuck robinhood ?
done boys just bought 15m closing my eyes now
shib is for all of us who missed out on getting in dogecoin below a cent. go shib!!
this pump is making me all girthy
don’t sell it, just buy and hold it
bought . the question is, can you do the same?
like game stop, we can collectively push for the next 2-3 months until we're all mega loaded. let us do it
.32. 12 july 2022.
dont forget most peoples direct deposit does not hit til' 6am u.s. were going to see a slow climb today as everyone gets their paychecks
shib is still supercheap
okay, mofos, dipped low enough to hit my target, converted all my btc to shib!!! time to hodl to freaking pluto!
coulda paid off all my debt already and been happy. didn’t sell. 🚀 🚀
you wanna be a shiba millionaire, maybe actually contribute to shiba more than just by buying by helping inform people and showing them shib is legitimate instead of them coming in here and seeing you act like a teenager in heat trying to get attention
i just invested shiba
go shiba ,woof woof woof
3 hours ago... wheres the rip?
i can dump my coming paycheck into shib as well, then i save my paychecks in november so i can go home for christmas lmao
remember, you can get it up, but if you don’t have the character to back it up, you won’t keep it. stay humble my dudes.
i do not think rh is going to do it this year. it's too late in the tax season. i predict sometime 2022
put in what you can afford, have a plan and stop checking the price
i agree. if you aren’t making money in your sleep you will work till you die
buy 100 usd est. les get this going!
i personally just like the buy and hodl method
now it is the perfect time to buy
i imagine all you 6k and beyond are experienced crypto traders
holy fuck its rising
wow just bought another mil for what used to get me 10 or more.
good morning to everyone except the paperhanded
i do not know about buying now guys. if there was one thing i learned about doge it was this exact situation right now. this is bag holder territory. use caution.
we are all millionaires the price just needs to catch up !
let’s break twitter today
not the same as buying 25 milly at 0.0000038 lol 🤣
what’s happening. i haven’t checked my wallet since january
people are angry cause they aren’t among us winners. understandable
people here still just don’t understand how to read charts. including that shitty cxygen dude. doesn’t matter if it’s meme, doesn’t matter if we don’t get on robinhood… charts show we’re still in a heavy bull market and have strong support
people are buying more than selling for the time being
guys we are on the same team, it’s us against the doubters and the nonbelievers. let’s do what everyone doubted, let’s achieve greatness today.
guys… i panick bought 😳
any news on shib being on robinhood soon?
i hope this is just shibs new floor for a little and then another large climb
don't be afraid to take profits on the way up to recover at least what you put in. after that you are "playing with the house's money" so to speak. that way diamond hands are easy after that. no anxiety at all.
congrats to everyone that bought the pannic dip on this last night, i called it
we’ve been in a bull run! minor corrections do not indicate bearish trading! this thing has been taking tf off! it will continue to take tf off!!
i bought 1000. who else is doing their part?
we are climbing! if you dummies start selling, i swear to god lol
just look at other coins that started out with 5 0’s, and look at them now. people said that would never happen, but here we are. we’re gonna make it baby
people who bought a month ago are rolling around in money... let alone the dinosaurs
made 200 at work in filthy shitty basement , and 14k on shib today... ready to retire from electrical. work is for others
dont sell for chump change lmao
most likely hit .00009 by tonight and .0001 by monday
i wish i can still buy 7 mil around 45 usd
lets go !!! .01 coming soon
i do not have a dream job, i have a dream salary tho
mannnn, i just want it to hit .10 😂😂😂 🤡🤡🤡 but seriously...
market cap is important
apparently the weekends are crazy
just converted ’m at 43million💎🤲🏽
doge is infinite. and worth .30. males zero sense. shiba is not infinite supply and currently burning.
i told a coworker about shib 9 days ago he put ’s got over . can we say win win
fuck it added another , holding 1.2t now. ready for duty!
good morning shibarmy, how y’all doing
calling it now: 10
you guys need to take a chill pill. it’s healthy worrying 16% dips and the daily stuff. take a walk, go get a coffee, sit in the park and relax. this it going to play out over months if not years. take a breath and let shib make us all rich at its own pace
shit should i sell out my other crypto i already got 75% of my portfolio on it rn
buy buy buy, tonight we dine on whales
i have no plans on adding to my 25 million. it’s getting too expensive now.
burn 400 trillion please thanks
my dicks so hard rn baby
9 to 5 is modern slavery
selling: lightly used butthole that has been moderately played with but is still tight. 100,000,000 shib
robinhood adds shib november 1st!
i'm gonna keep it real, shib would not hit a penny for a very long time unless it pulls some sort of magic. hell even .001 is gonna be a while.
my ass is wet holy fuck
i am a commander
guys do not be happy about pumping be happy that the new floors never let us drop below it on dips thats what makes me hard lol
let’s not talk about eating a zero until we get steady at 9
get ready for fucking blast off ladies and gentlemen 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
what would you rather buy? shib at .00007 or dogecoin at .27? the return from shib will be much more!!
relax… we gonna be meeting up in vegas when this is all said and done
gme 🤟 - 40% me 😅
went all in at low 40s
looks like another night of no sleep
sold all my doge for shib. more coins more % gains when it goes up. its inevitable at these sick low prices
imagine being dependant on elon tweets. uff dont miss dogecoin at all
bought 9 mils more
buy and hold literally easiest thing to do zen out 🦍
all out here wanna buy lambos and ferraris i just wanna have 100acre property in tennessee and be left alone
you guys are delusional lol
pullbacks in bull runs are healthy, hold
here's the thing with this coin. there is going to be tons of people sell very very large amounts of this all the time... that is normal when your price point is this low per coin just dont dump with them because it then becomes follow the leader
!reminder! if youre new to coinbase, you have quizes to do worth 25$, thats a lot of shib for free!
i just wanna buy a house 😔
remember today is payday for most of america. i have a feeling it is gonna launch again today
shib is definitely a better investment than doge
lol, i'm a table games dealer. just got home from dealing roulette.
123mil shiba, hodling with you comrades!
i'm just saying be smart. crypto is the future and the globalists fear the fuck out of us. let us all collectively fuck them like they been fucking us. hold and buy.
best financial advice i heard with this adventure is "just trust me bro"
look up "fibonacci retracement"
come on, give me 60's please so i can go to bed
maybe when it gets to 0.01 we could start a new crypto coin :)
what goes around, comes around!!! gift karma 🎁!!!
wake up america ffs and start spending your hard earned on some shib.
shib below .001 is a steal
i got in shib 10 months ago, still puting money in and yet some of you have been in a few days and have said it is too late lol?
glad i sold my doge
robinhood lost a lot of capital under magement after game stop. listing doge saved them from liquidity. they will list shiba for their own survival.
we will see what happens on sunday.
just bought another 2.5m
woot! pay day today. contributing . love from australia.
let us put 100 bucks all 300k members
i remember when doge was fighting to get to a cent. shib is our chance
it is true what they say ppl buy when there is big green candles and scared to buy when there is red. that is also why you become bag holders. buy the dips
taking this coin to my grave, never selling, hodl the line!
took my initial investment out, which wasn’t much anyway! now just seeing where my profit gets me, if i lose it, it’s nothing i had before anyway
i’m all in fuck it 🚀
bought this morning. can’t believe some of you are paperhands
well where can i find someone who actually knows what the fuck they are talking about 🤣
can we just stay positive good people!
i added to my position because this looks like a new support level. normal market consolidation in a bull trend up. i have been buying since january
remember the market usually did on fridays and into the weekend. more than likely we'll see some gains in monday
any news on robinhood listing?
that is true of any stock at any point lmao
might be worth putting a little into dogelon today. shib fomo is making people look for the next one and it was up 100% this morning
holding 111mill not selling till everyone else is able to get rich
the gains are coming we flipped doge again but now we’ve to put some thistance between us
forgot flipping doge, that is yesterday news ... target in site 🎯 polkadot
if this gets me rich, i'll adopt a shiba inu and call it crypto
buying more shib just to spite u
i overheard doctors at work talking about investing in shib
let the haters hate, shibes don’t care 💎😎💎😎
im new to crypto, i came across someone who said shib has burned 41% of supply...is this true? and is this a good or a bad thing
about to be green for the 24h chart.
so many toxic people, stop being so rude you ass hats. enjoy.
don’t let anyone tell you we can’t reach .01c
hold hold hodl it’s not day trading
alright let’s all fucking hold
i made good money on doge and i’m making good money on shiba i can’t tell you how many of my friends misses the boat because they don’t hold
transferred all other crypto into shiba just before the spikes, pockets looking noice! gonna dump some more in there
waiting to buy at 69
i am holding shiba till 2030
buy the dip, buy the climb or never buy and get left behind
.00 in now will net you . at 1.00 at 1
i keep on buying. i think i’m addicted
shib is like a fine wine that will age well, enjoy
almost 40% of the original supply of coins are already burned.
if any of you become billionaires please buy me a mitsubishi 3000gt vr-4 it’s all i want
it is hitting the lower support point now so buy buy buy!
dont buy a car when this goes up, invest your winnings wisely and you can make it big instead of getting something nice short-term
just bought more. 400m+ strong! 💪 let's go!
my sell button broke months ago
anyone else feel awkward being the first one to take something at the work potluck or just me
horde like a cat lady! my buddy cashed out in april, woulda had about 30 million right now. fast hands cost you a dream
i just bought 550’s go!!
do i need to make it 100 million??
converted 10k of doge last friday said enough of this .25 malarky
i feel like robinhood is going to be left with a lot of doge if it gets listed... everywhere i look someone is swapping out doge for shib
this damn 75 wall
every time we get close to 80's it is like, nah fam go f yourself :(
too late is when it’s on robinhood 😂
i just converted the rest of my doge to shib
rob your grandma and put the money in shib
if it hits .01 i can finally afford to pay the man that fucks my wife !!!
i could pay off all my medical bills from cancer treatment with 100k
who i don’t like is coinbase - taking so much of my damn money.
people want you to sell so they buy the low
remember yall, only dimond hands, none of that paper hands shit around here
do you think were goung to eat more 0?
only invest what your comfortable losing
im selling my child
hopefully we all hold the line and have diamond hands
i spend 1k a day till it loses another 0. than hold
venmo needs to accept shiba
so when i become a millionaire how do i pay my taxes if crypto.com only lets me pull out 50k a month?
soooo we suppose to have dropped another zero and coin market cap has our supply off hmmm soooo shib apologized on twitter and said coin market cap had a bug in there system and they were working on it.has anyone else heard anything about this.
i've been buying a little here and there, all my money is tied up right now sadly 😥 still holding 175m now 😀
today’s low was yesterday’s high, remember this and stay committed. be humble my friends.
our market cap is increasing steadily after the big hit we took and that is a good thing! people are hodling like the united nation of shibas we are! we keep buying those dips and our supply keeps getting burned and staked.
im not fucking leaving they cant stop us!!!!
maybe even better than that.
this is houston to army, houston to army. do you copy?
let us break 0,0001 again first
🚀 here we gooooo!
i was buying like a crack addict fiending for that shib rock
selling my gf for more shib. lfg
he panic sold last night at 00005? pamp it
one zero less after today? for nice weekend, i am €500 in
just dropped another 250, ~3 mil coins
u’t afford that much because of the price atm but buy what you can even if it’s 10k
i bought 5m yesterday at ath 💀
paper hand bitches!! hodl!!!
i just traded my solana for shib
we’re going to crush another 0 by tomorrow morning
remember, we are not bending over once we hit .0001, we fucking hold.
i fuckin love you weirdos too
i’m under a mil in shib but when i get the chance i’m adding 100 on it
i actually think it’s gonna dip further, no? it’s forming 2 hills rn
hopefully the brits waking up this morning don’t sell and they hold and buy
i got 25m like... 6 months ago. hoping for a moonshot
go to top 4 coin maybe? 🤔
i'll hodl until i see the dark side of the moon
+1 if you missed out on doge below a cent. shib is our chance
i have 600mil but lets be honest invested in a shit coin. but who cares if it works, it works.
buy and hold for gods sake
bought 14m at .000067
sleep is for the shib-less
i believe, you’re mining eth that gets converted to shiba is what i’ve read
usher- let it burn
dont paperhand, dont be afraid, buy and hodl
or we just find out that money is just a meaningless construct that arbitrarily reflects a portion of assets.
need a 99.9% burn lol
i’m thinking it’ll take at least 12 months to even hit .01...
the hype for this coin alone is breaking the internet.
once we're all millionaires let us have one hell of a yacht party. i'll bring the yacht
dont sell before you got fuck you money. remember that a few hundred or thousand bucks can make millions -if more
facts! i i folks would stop worrying when to sell its fucking it all up because we are no fucking where near the sell off point and if your trying to sell now your an idiot and not paitent and you do not understand shit.
i feel like people expect this to go straight up with no stops or corrections. every stock and crypto that has an upward trend always will have stops and retracements down and you cannot pay attention to the price every few mins.
i do not get why people fight over coins, its good to hodl a decent bag of everything
everyone buy some now! let’s make this thing fly! let’s fackin gooooo 💎🙌🏼🚀🚀🚀🚀
if it dips and feels right, i'll throw in another .
if i keep buying shib i will die of starvation
risk what you desire for what you desire. risk what you desire for what you need. risk what you need for what you need. never risk what you need for what you desire. this is the way.
fuck that i'm all in
not financial advice i just like the number 69
use this experience to grow mentally as well as financially.
bought another 8million shib.
dropped in another 100 aud
i just want to move to canada, retire early next year, take care of my mom and sis, and live my life in peace
are more shibastic than ever 🔥🔥🔥🔥🔥🔥🚀🚀🚀🚀🚀🚀🚀
my friends laughed at me when i bought shiba last week. look whos laughing now. 600 dollars up bitches!
and still holding fucking cunts
fuck yes!!!! hold, buy and gift karma
you do realize its dipping by 10 cents every min right?
never working again, fuck the system
once she blows it is done
i truly think that crypto is the future of currency and most of our currency will become crypto. right now it feels like i’m trying to figure out which horse to bet on
if i give visa gift cards, can people buy shib with it
i'm back, good job holding the line everyone, if we can get one more uptrend confirmation the whales will have to dump in. everyone should start waking up soon.
i've come from planet shiba - travelling back through time from the year 2069 - and shiba has risen to
me who lives in aus and has to sleep when all you us citizens wake up 😔
in this chat: people saying impossible and outing themselves as lacking in nomics.
i believe it’s the goddess “shiva” lol
i have about 300mil shib so i'm just patiently waiting
whatever i been making selling decants and other items on ebay i’ve put towards shiba shiba.
wish i had a time machine
noobs: rules of shib are: buy the dips (small amounts are enough, frequent buys are good), hodl what you got
stop selling and hold nothing to be afraid of this is a long term thing unless elon says he got some😂
i put all the spending money i had available in
i only have about 50’m excited to see what happens
i want to invest more but can’t risk it. holding the what i got. to pluto or flat on my butt.
just picked another 1.5 mil
i could be wrong. i'm going to take a walk. please everyone watch my crypto coins while i'm gone!!!!
there are not rules to this, we just know there will be a lot more people able to access it and it will give it more press
really was not that long ago i looked at the mc and it was at 2b, now its 37b, insane
i think people see shib rip and think oh so it is dead now
well maybe, but a bunch of us are gonna buy in t-minus 4 mins. tell ya buddies, let us get this moving!
only good for 86 mil more. puts me at 350 mil now
yea my wife's lv bags
eyyyy it is rising!!! keep buying bois let us push it up
let's take shihab to 2 trillion market cap! 🚀🚀🚀
.005 is coming at the peak of the bull market.
charts show that we’re gonna keep bouncing around .000063 all the way up to .00008 until we break the .00008 resistance. as soon as that happens we’ll run a rally up to hopefully another bullish price target (~.0001?)
bye fellow shibas have an amazing day !! i’ll check in tonight !
funny story, i saw shiba at the end of last year and i thought to myself, gee that would be nice to invest in, i am so annoyed at myself for not investing lmao
imagine the guy who got 5.7bil take some profits and burn a bunch of it
i’ve been waiting for this crash everybody’s been talking about. 😂😂😂. but all i see is stability.
12 milly more on the books 📚
just made my first investment in crypto and started with shib! should be fun!
we all have jobs here... that is why we're here...
i have more faith in shib than usd
i have a feeling it’s about to pop again as well!
your gold is in the hold so stay cool 😎 on your stool whilst you hold your gold
no. it will hit
i thought i was stupid for selling
shit, i bought 500 on accident not 200 lol. hope this works out!🎢
no we’re consolidating here right now if we have more buyers than people taking profits we will start to move up out of this triangle fast catch some fomo and amc ceo will also accept us by end of the day and you’ll be like wtf just happened
any time is a good time to buy today, because it will blow tf up
only buy the dips !
it’s money, always someone manipulating that shit
90% of you will sadly sell for chump change. hodl and win
just burned 5mil 😎
or you can just be patient and let the burn happen naturally and have more money
112m and holding strong
who's the whale that keeps dumping everytime we pump??? is there a way to track transactions???
indeed if you are not a big player, you are wasting your money on burning for no reason. few mil here and there means nothing in the scope of 400 trillion. save your money. let the burns happen naturally and through services like that spotify playlist.
do you guys think the addition to coinbase.com helped shib a lot?
i think it was two nights ago it got down to around 56 and i just unloaded cash lol such a great thiscount
considering today is payday for many, and the 3rd pay day in a month at that, i think we can expect some major increases
******watchout for people sending you links to "new crypto" apps. always download apps from app market or apple market****
back above the upper support line bois
what kind of jump could we expect from a robinhood listing?
when it hits a penny i’m getting the plate ilyshib
i bought twice yesterday and more this morning.
i bought about . all that i could afford to lose because yolo
bought another 2gs worth
shib needs to better market itself and lose the 'doge killer' monicker...
i was a btc back when it was .50c
varying support lines between 72 and 74 are visible in the last hour
71 still the most solid support line for the last 6 hours
if this crypto was at , trying to get it to a penny now would be the same as trying to get it to ,000.00 from that
i’ve a friend that wouldve been up 2 million in cash money he hates himself don’t be that guy
shib shib shib is the best
newsflash: anything anyone says here is them talking out their ass. buy and hold is the only way
kids that came in 0.00008 are about to dump be ready
if anyone sells at 80 im going to personally send the goons after you
lol were like 15% down from ath and y'all think were dumping 😵‍💫
convert life savings to shib im not a financial advisor ! thank me later tho
i do not mind labour within itself, what i do mind is benefitting shitty corporations. this is why i trade crypto and do tiling for myself
i own 9mil shib i want fuck you money
if shib hits half a penny i’m hotboxing the white house
right. until the amount of shib gets burned by trillions, we will be small for awhile
the real ones understand market cap
rh is a fool for not adding shib they have so much to gain by adding shib
did the petition reach his goal? robin hood
keep a little money on the sidelines for the dips boys, we buy the dips and protect the price
everything is impossible until somebody does it
this is going to be epic guys
coinbase fees are a nightmare
i like the smell of gas i breath into the bag of visions the visions say hlod
16 hours later. source: trust me bro
everyone here should have the guts to hold that’s all anyone in the community ask of you
i’m up 5k in 3 weeks
well i just bought 123,224,000 my fellow smooth brained soldiers!!
if your in doge trade it all for shib
starting to climb! shib shib shib
i put . i’m so pumped, it’s gonna be my first major gain and pull me out of the shit!
how long until they fix the supply issue
all burns aside i love the consolidation above .000066 the last few days with a double backtest of previous highs, thing is bound to rip again soon but who knows, we can go sideways for a few months again like we did previously
seems everyone else is scared.
all those "experts" who are not experts, have little investment knowledge, and have not become rich from crypto themselves have nothing better to do than pretend everyone else is an idiot.
you get all these older people talkin about how it is not hard to get a job and get your own place yet they grew up in the seventies when actually got the correct pay for what everything cost
every one keep cool. . and hold
i trust shib more than joe biden
people who invested in bitcoin were idiots though. if you were watching the news and reading headlines about bitcoin, you would see that only an idiot would do it. and that is what it takes to become a millionaire. so let us go, my fellow idiots! let us ride this train!
shibarmy!!!! we all should get out at .01 as we planned!! we need to hold the line!! we already have caught everyone's attention! so let's work together and touch that cent!!
.32 ath at 12 july, 2022 mark my words
2,130,000,000 let us fricken gooooooooooo
lets set up a date and time to mass burn?
the only thing i'm burning is a cigar when i sell 3 years from now
nothing is for sure and it’s bad form to manipulate people into buying.
you guys call that a dip yesterday 😂
let’s fucking gooo, dropping 1k right now
just picked up 10mill
please keep realistic targets. at bitcoins mcap it can go till .002236 max
i only have 41 mill shib :(
sitting on 6 mill and still a happy camper
my coworker happy asf today saying he holds 1.9 mil shares. diamond hands. looked at him like a jeff bezos ass n with 1.1 bil
shib to .005 pls
i just need 0.2
mom come pick me up i’m scared
come on climb, daddy needs to pay off his student loan debt
just secured another mill... lfg
so it is possible for bitcoin to go to .10??
robbinghood can suck a wet fart outta my shit cutter
starting to think that crypto is better than a roth ira.
just sold my slightly used b-hole for 25milloon shib it’s all i could get.
i am bag holding ath
they use to say the same thing about doge
the zero is already eaten, the right price is above 0.0011
if you buy no matter what weather big or small ammouts for 5 years we will conquer
i love y'all 🥺🥺
no reason to be sitting here chatting when you can be expanding the shiba universe
let the party commence
tossed a quick 100’s and swapped for shib we easily got this
i feel the same way but buy buy
let’s crush a zero
cant make myself buy anything when i was buying millions .0000065
everyone say goodnight 0
just bought a million more!
50 mil shib from 10
buy what you can, don’t feel bad if you feel like it’s not enough, you can always buy the deeps and scale in over time.
looks like zero's back on the menu boys!
getting the coffee pot cooking up i'm not sleeping tonight xd everyone join me for a brew and let us chat
damn i literally can’t afford to put anymore than the . kinda worried i won’t be able to get in on the massive mf bull run about to happen boys lets get it🌝🚀
i got in back on may 14 when shib was around .0000011
holding strong at 3mil
we’ll get our own rocket 🚀.
glitch??? we burning a zero?
the glitch is how many are in circulation right? or is there something else also glitched
just sent another 500 usd lol
shib got resists to dips
lol, been holding since march
anyone else agree that shib is a guaranteed money maker if you hold long term? there is too much hype around this coin for it to drop in the long term.
buying 300k worth now.
in for another . man i’m poor…
nobody wishes not to be a billionaire. stop the cap. you don’t need to be a absolute public figure to be a shark. richest people on we have no idea about
frickin market cap means almost nothing when you have 7 billion people and an increase in tens of trillions of dollars of potential investments.
last time im gonna be on this subreddit. if shib hits 0.2 then ill have 5 mill after taxes and stay in my room forever.
they want you to think it is a meme coin.
whatever bought 5k fomo in shib
150mh will mine you roughly 100 - 150k shib on unmineable right now
invest what you can afford to lose.
just bought 16 mil yolo
for staking i'd honestly rather have flexible staking coins that you can unstake anytime tbh
i yolo'd everything i can afford to lose into shib. . 134 mil shib.
look guys, if youve been here since one month you understand that we are up massively. if the new floor holds (which i personally believe) there is no way back only up for shib
relax, the low won’t be as low as the last and we’ll bounce back higher. relax, it’s an upward trend.
people i've never heard talk about crypto got shib.
dude my mom even bought some shib lmfao. she is 60
just bought another 750 while it was dipping i'm now at 14.8 mill coins lfg!!!
everyone who's hesitant to jump in now is gonna be saaaaaad.
i’d love to see us rip again to shut up those salty ass wsb guys with their stupid dogecoins
i mean spare money you don’t mind losing sure, but good and rent and bills money, it just doesn’t seem right to encourage people to do that
be greedy when everyone is fearful, and fearful when everyone is greedy
after primary bills were paid i yeet every dime i have into crypto
so when we burning that 0? 😏
what's speculative is just like your opinion man
maybe some know it is future.
do not trust the exchanges to hold them safe lol
that countdown went from 25 to 22min in about 30seconds
i think we should all just take a moment to remember how convenient radio shacks were
everyone relax and hold. we are approaching an important round number, and eulers maths will make us all millionaires if you all fucking hold! i am not leaving my computer, so you all better follow or we all lose together.
i suggest we kill the haters with love.
ascending triangle, which direction do we break it
i got 40m wish i had more
listen to your heart. mine told me to go all in shib before .001
same, 401k, roth. need to think about an hsa though
is it on cb
everyone wants cars but they do not realize there is car insurance, registration, etc lol
you are all legends
keep gifting karma!!!! i love you all
this has been a good ride regardless
not even musk was able to mess with it
i think people who held doge are getting tired of his so called «support»
buy at 8am est, let us all get in on it, imagine if everyone in this live chat chucked 100 usd in. it would be nuts
fuck a lambo, i want my 1977 mercedes 450sl back. sold it when i got pregnant
i dont want a lambo, i want to be able to not worry about money.
everyone needs to wake up and buy more right now
just looking to pay off my home and i’m happy
anything less than , so i buy weekly :)
not to mention friday paychecks
okay so who is ready to buy 100 shib 8am est?
you only realize loss when you sell. no sell; no loss. buy the dips and we'll all profit.
i got solid hands boys sold all my other crypto and put into shib
once it gets on robinhood it’s gonna go way up
if you know anything about graphs you’ll know it’s consolidating and it’s in a horizontal trend. it’s got more room to go down before it makes its way up
market cap is slowly increasing again after the hit we took yesterday, trading activity is down, majority of trades is still buying though. i see this as a good thing
just bought 3m shib never messed with crypto before super stoked to see how it played out. no idea how any of this works 😂
cmc still not correcting the total circulating supply, thats whats not letting us board the rocket.
i just sold another coin to buy more shib. so i’m at all in for shib now…. how i won’t regret that
i am never selling
8 am they will buy so why you worried i'm getting in on this dip
we still have great growth room... however at this point i would not invest everything you have. believe in this point definitely keep throwing money on it but maybe put some of your money into elonmars token!
just bought 6k worth of shib and in case of deep i have some more to buy it
don’t be a paper hands bitch
just bought another 1.5 million
i bought 0.5 million. feeling small
it’s just consolidating ready for the next run! last chance for below 0.00007
shib and safemoon holy wow
i want more but i ran out of money
660 million coins says shib is the best. no plans to sell just love to see the mountain!
when does the run start again? do i have time a make popcorn?
260 mil making it 300 mil today
shib is my biggest holding; 527 million
nobody dude, it’s crypto. just research about everything the shib dev team is doing. and about how the burn is going
why is safemoon ripping but not shib. come on shib, rip!!
y’all realize that big dip was an all time high, you expect shib to stay there? it’s gonna consolidate for at least a week
thank the lord for payday friday
there is no way itl dip way below .00005 (aud). so the worst that will happen to me is that i'm able to withdraw what i originally invested.
artificially pump it up, great idea
we need a shiba holiday how about this every friday we buy at noon?? we'll call it shiba holiday
come on guys!!! get ready for a surge.
i bought 250k coins last night. might as well buy more now
bought 14 mil yesterday
i mine 8500 shib a day 😆
og, everyone said same thing about doge when we bought below 10 cents chief.
do t forget the upcoming nft game guys
decentraland and shiba going bonkers my portfolio looking amazing
3k total now at .00006
iv got all i can afford, 4.5 million. il be going to sleep in 15 mins. keep pumping for me bois. lemme wake up to massive gains 💪
i’m finna go dummy mode next two weeks lol
it's an amazing cycle. i get in right after the first 4k% spike in march. i remember people went from buy billions to millions. now i see people talking about thousands and happy with that. i now think how rich is this coin going to make me???
also re: the pumps leading to dumps, keep in mind that as the 'dogekiller' we chap their behinds when we win so expect some retaliation when we beat them
i just need to stop looking at it lol. maybe i am addicted 🤔
i'm starting to understand how people that gamble on horse races feel
i'm crypto.com, i have the visa card. i'm deep
i have some money waiting in robinhood for if they post it
so probably a silly question that is been asked 1000 times, already, but is anything less than 100m tokens going to get you to millionaire status or would it be better to just expect to be a thousandaire lol
cup and handle forming on the 1min chart? pump incoming after a small retracement!!
but november will be massive as btc starts to move to ath as well
we should try to get tom brady to join shib army and buy some
so they’re selling and missing out on the rally to come
a few people with large sums of cash control these dips and spikes, my advice is only cash out if it is life changing, if not let it ride.
doesn’t really matter if we’re green or red as long as we don’t break our support line below .00006 and we don’t break our resistance at .00008. if we break our resistance that means we should rally, but if we just stay in this area no small change has meaning
right now it’s all hype and fomo.
i’m def buying 1k next major dippity dip
just bought 5k for shits and gigs. shoulda bought the dip
reminder 500 in june is 14k today
should i get rid of my doge?
crypto is taking money that people used to spend on hobbies, meals, entertainment, gambling, etc. the market is growing like crazy. it’s not traditional investing.
*looks like meats back on the menu boys*
that buy order is 1.6million dollars btw
just put in another 200.🙏🙏
6m and holding till it is where doge is. do not care if it takes 2 year 4 years. i'm just gonna forget about it.
aaah. so one year= 15%, less =38%
i know someone might’ve answered but i cannot locate reply. i have saitama in coinbase wallet how do i transfer it to a platform that supports it so that i can sell it
it’s going to one cent within 2 years
guys try to leave a little money on sidelines for the dips that’s how we take over
where can you check on the burn coin amounts?
what if evryone above 20 million coins burned 1 million each 😆
they took all shib profits and bought doge do not get fooled
yeah i might burn 1 million shiba couse im above 20 million
10x from here is possible by january. why not? we’re in the era of mass psychology enabled participation via crypto.
shib back to being the biggest mover on etoro 📈
about a month of income down now. kinda big
fuck it ! “go forward bravely ! fear nothing, trust in god. all will be well” i’m buying more right this second. some one join me , if you were ever going to buy today buy now !
here come the bulls mother fuckers!! just snorted a line lets go
should i just abandon doge at this point and put it in shib?
shiboshies have burned 40 million coins in the past 16 hours
is shib going to be listed on rh soon?
just bought some more just now :)
first time investor in anything, just bought , did i do good?
shiba shiba who got the keys to my beamah
we are nearing the top of the sideways consolidation... you know what that means?
i’d rather be 1st because potlucks get gross
let’s go. buy buy buy
shib is the best
its going to be a while before we can break 0000750
0.1 and i can give to charity
my 19k is now 46k people hodl or bust
mf said yolo your savings.!!! 🗣fuck it 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
they took er jebs!
his presence is what tanked doge though? and why are any of you idolizing a billionaire anyway?
but anyways buy shib
if my douche coin would just go back to .34 i could sell it and buy another 150mm shib
like i love a good pussy that can grip
same thijg gonna happen to shib
as soon as robinhood lists, its over guys and gals
maybe a dumb question but how does shib usually do when the markets closed? more activity or less because of weekend?
guys, how much do you think should i put right now?
i honestly think shib can grow just off new crypto buyers
the eyes are on us just a matter of time before 🚀 our next move up
i think we’ll eat two zeros within six months
i’m thinking we’ll eat two zeros within six months
just got another 3 mil.
.001 is what i think we can do soon!
pissing the treasury off, one coin at a time
i guess i just bought another 12mm
ugh, i really shouldn’t buy more but i really should
if lists rh gotta get it to .0001 right? gotsto
exactly i dont trust those fucks i want them outttttt
i'll never understand the "good samaritans" who actively join a conversation to tell people how to operate with their money. it makes absolutely no sense
i'll sell my 3 billion coins i bought for .000006!!!!!!! quit telling the little guys to lose his last !!!!😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡😡
our army is strong celeb backing starting it does not slow down amc paywithshib amazon walmart. top 3 on coinbase. the list goes on. burnt half supply burning another half within 5 to 10 years. the games do not stop.the gains do not stop. shib rich
79% say shib on amc
is anyone else having this problem with coinbase buying shiba, i’m from new york so i don’t know if that’s the problem but this is what happens when i try to buy. it’s saying shib isn’t supported by coinbase. you can go to coinbase wallet to buy it
i will hold until
in case you didn’t watching the past, just about every crypto has gone up in the past year a crap ton. holding shib will make you rich in a yr or more. promise
bad at math? it is 1.5m at 0.1
yeah, it will take a pit stop at .01 to refuel and consolidate before hitting .1, so it is all good, man.
shib will .001 sooner than you think guys
800% gain so far
my first 31 million
let’s eat some zeros!!
hold the line or boy more boys
i have my tokens locked away gaining interest on bianance i reccomend evrhone do this for next 3 months take them out of circulation
was gonna fkn say
😭😭😭😭weekly limit is 400 and i always buying asking price 🙃 as j cole states in his fire squad lyrics; “if you scared to take a chance, how the f we gon’ get rich?
we holding strong 💪🏽
can’t wait for shib to pick up on a “cent”
buying shib now is like buying btc in 2009.
very likely to be worth more than dogecoin 🚀
i mean my initial 400 got me 39mil and change shiba a few months ago, what does 400 get you now like 5 1? it’s crazy how fast it took off
anyone who tosses money needed to survive in a speculative market deserves wherever the cylinder falls in the chamber.
can shib hit .01?
i love when people sell. it burns more and in the long run they will be more valuable. i only bought ’s now worth . so i can stand to hold longer.
what price you guys think shib will peak at? im thinking around 0.5.6
no he didnt? wtf
.1c by november 17th
bet it goes to over .00
i just want enough shib to be able to buy hookers
anyone see elon (dogelon mars) just got listed on crypto.com today? they are limited buy orders so should not affect shib at least. i'm hoping we break out and lose a 0 today!
everyone is looking for inflation hedges right now. biden is destroying the faith in usd. demand for crypto is way higher than it was a year ago
nobody cares about you daytrading bitches.
i’m buckled in chief hit the button!
did you just get your paycheck or somethin?
been up since 5am. guess im up all night for the run that just came in
guys see how shib always recovers from dips
wish it was pay day lol
shaking my head you guys had 12 hours to buy the dip. we know who you are :p kidding
i love this isht!
here it goes up again
scooped up 3 mil just now
bro i only have !
‘shib is dead’ they said lmfao
crypto.com running incentives to buy shib
if this bull run is as strong as the last one, we’ll definitely take a 0 off
it’ll create another sell off event anyway
it’s pay day for a lot of people in us. shib army gotta pull all the stunts as well
today was a good day to buy... let's goooo
only just bought my first batch of shib 2 days ago but i feel that im still early enough to reap the big bucks having bought at 0.000071
let’s see that 0.0001 tonight !!!
if your goal is 1 aim for 100... think big or go home. just like they thought scam. just like they said sooon about shibaswap. remember soon .5+ we r just 1 year old. & crypto space is just 3% of world population & crazily increasing day by day & we r among top 11 coins. with very low price.
no more dips from here on now
it’s cheap af right now, going to the fucking moon lfg fam!!!
where are you guys seeing the real time charts?
who has a good original one
i don’t even think asia is awake yet
1. circulation has been fixed 2. when everything crashed those buys are coming in rn 3. rh lists shib on november 1st
i’m clenching my ass on this rocket!!!!
petition to not let rh on
72 is the new floor im going all in
all hands on deck📢📢📢🚨🚨🚨🚨🚨🚨🚨🚨
shib hits 69 dollars tomorrow source trust me bro
nov 1 rh is not official. but i’m sure the rumor will be bought still. it’s inevitable rocket booster anyway
rh will eliminate another 0
is the rh listing on nov 1st official?
bought another 25 mil
no tricks just treat for my favorite pup
the real price is at 0.00011 rn
he got you in the first half
fk vlad and elon
i dont give a duck about robinhood boys
let’s go to mars
show respect to vlad
sitting at 7.7mil coins, eager to get over 10m, y’all gotta slow down i’m waiting for payday here!!
where are you guys seeing the real time prices bruhhh
run this shit the fuck up
people should dump robinthahood
i guess it’s 25m shib
dump robinhood and go to public
i’m watching pokémon indigo and currently hodling my shiba
love you shib army
hold and buy if you can
i just wanna wake up to some good news...
shib will peak at 0.32 mark my words.
just threw a bit more in to do my part. going to sleep now fam.
the mass people selling off the last 24 hours has knocked out average hold time down a lot! a lot of scared people
starting to see some volume increase it is all coming together soldiers!!!
i'm okay with 0.002 even better with 0.01 😊
just did staking it
selling? haven’t heard of her
you guys do know we gonna flip cardano by monday so keep buying
i have not been able to sleep properly for 3nigjts
don’t throw all your money on shib ya bunch of degenerates... check out the other shi* coins waiting to moon
sold all my doge
i’m holding til .0011 😂😂
people are going to settle for alot less just to secure it rather than acquire a lifetimes worth of value.
hodl for retire 😁
nov is looking spicy 🍌 gme guy is here
my goal is 0.1, then i can retire myself before 30. would be sweet.
tbh wether it goes up or down is all good to me. ill just have my next paycheck to buy the dip
the people here don’t sleep 🤣🤣🤣🤣🤣🤣🤣
well how many millionaires where made from other coins?
guess i’ll cook myself second dinner
there was a reddit post that was like "shib sell at .000045 thats the best ita going to get." hmmm
anyone been watching the volume since the dip today? has it gone up or down
i have a gaming pc. how do i mine?
here is the link to start mining
i see a big ol green candle coming
beyond bulish here, just loaded another 50mil shib
i’m waiting for the puppy to return to 75, and stay there, so i’m no longer at a loss. with fees, i mean, i bought my supply in the 60’s range.
buying 250k shib a day every day in november 💎✊
idk why people panic on tiny dips. zoom out on the damn graph people we going up
unless you got in doge below a cent you missed out bigtime. like i did. shib is our chance
tf outta here with fucking rh and elongated scrotum, and doge
i do not know shit
no clue, why it tanked, i just know that you do not get rich by reading a rich person's tweets.
shib cant reach 0,01, but can reach 0,00999999999
im not all in, im just behind lol
man im just trying to buy a house
do you think shib will reach .001 next year?
you know i see everyone saying how they got 20 mil 100 mil, me over here with my piddly lil 6 mil and ya know what? my ass still getting a plane by the time this shits done
it would be pretty hilarious if ryoshi threatened coinmarket cap to turn the 190 trillion extra if they dont fix it
it be like that
.000065 is the floor looks like
it’ll probably hit 9 tomorrow before dropping to 75
rocket ship was only fueling up last bull run
man shib is expensive at 71 should i still invest?
to me it looks like we are hodling strong and found a new solid floor. bullrun is coming im confident
i have got around 200k would get more if i could
hope it drops to 50 so i can buy some more
i actually want you guys that are thinking about pulling out to pull out. please drop the price more so i can take your positions.
they think we a pump and dump. they do not know we a pump and pump.
lowest i ever bought was at .0000093
considering we don’t have to rely on daddy elon
man i bought in at 6, sold at 27. bought in at 46, sold at 80, now i fucking bought again
dude my mom gave 500 tu buy shiba for her
so what kind of timeframe are we thinking educated guess for major profits? i keep thinking i’m gonna run out of time to buy more
if you get scared evedytime it dips and you sell off. and then come back and cry when it moons again i have no sadness other than whoever taught you or did not teach you the fact that better things come to those who wait
shiba inu is the best investment you could make right now. source: trust me bro
i'd recommend doing the qui when the coin is at the lowest, you'll get more that way
you think its going to dip under 60 again?
i do not want millions though. i want billions lol
wow some awesome numbers here guys
pay day aka shib day
my coworker bought . fucker going to be in a lambo soon
it always upsets me a little when people say they put every single cent they have in, it just sounds like a gambling addiction sometimes to me
i only got around 42 mil hoping it hits 1cent one day lol
in the end what they do with their funds is theirs to deal with
love that in the uk you can only buy on normal coinbase and not on pro
the most retarded group of investors
i'm just happy to hodl
it’s painful averaging up your price
im so happy for you all. you are so early!!!
a funny thing for me is. i hold same value in shib and doge. yesterday and today they kept mirroring by same percent almost. one drops 10% one rises 10%. so my portfolio remained pretty much unchanged. weird stuff but def speaks to diversifying.
just bought another 1mil
should i buy another 100m? or wait i’m itching to
i only got 5 mil /:
do i dump ?
yo this is crazy. i bought 's happening
some people actually want help and to learn about shiba, all the nonsense swearing at people telling them buy and doge is bs is not helping shiba grow, help out the people who are just starting and want to help the community
if we all came together and jumped at the same time it would be impossible to have restrooms available for everyone
it all started back when they initiated it
wow. last night it was around 62, i wake up and already in the 70s. i also got paid today so time to dump 100 bucks in my cb account for shib.
sometimes the last move is the first thing you did, to begin with, at the start of it all, as an opening
i’m 24, hoping i started building wealth early enough to retire in my 40s.
listen up. this is a small dip... buy more fucking shib... the next 6 months are going to be very happy for you all!!
your manager probably bought shib too
dips are our superpower
any news on the robinhood listing?
i heard that elon is a fake supporter of doge
any price at this time is a perfect time to buy
currently holding 15mill shib ima be rich at .08
i have 15mill coins. i need it to go yo .08 to be a millionaire
i only got 5.6 mill
i just wish my pay day would hurry up already hahha, i'd chuck it all in. only own about 4mil atm
i just want a fucking house dude
i honestly don’t care about the million but if it gets me another 100k it’s going to be life changing to buy bigger assets
payday in london. tasty dip today?
i staked my shib 10 months ago, i staked it for the very reason that i would not sell for anything less than 6 figures
what’s this whales thing
keep holding stop jumping ship
shib is literally at it’s lowest everyone thinks they bought it late. you’re not even doge was mentioned when i bought it way before & exploded my money again just from holding.
0.0001 am not far away but it is about consolidation. the more people buy and hold the stronger the support
also you would not get 43million bc as soon as it reaches
ada is 💩 atm
hodl is love. hodl is life.
mean while paper hands getting scared
yes sir. buying more shib and more gme. both will be exploding tonight
not worth it, but eh, the minor increase feels nice
i’m on voyager right now and shiba says .6 quadrillion in circulation. if half the coins were burned, shouldn’t it only be .5 quadrillion in circulation? is staking coins for liquidity on shiba swap the explanation for this?
these posts make me hella bearish
just hit 14m shib it’s guaranteed to go down now 😂
at the craps table on a hot streak you only talk positive on hot streak...!!! you never talk like these negative nancys...
bogdanoff: "bears sold?" bogdanoff: "initiate short squeeze. pamp eet!"
i could have sold at the top but i aint no fucking paper hand
went in at 23 per million. went in with a second position at ~40.
every one buying, remember to relax. let it ride. it will take time and hold.
just bought let us goooo
if you’re scared to lose it sell off
if you hold be prepared to wait years is all im saying. we do not know when the the alts will top out or if btc will crap out.
circulating supply was 390t-ish. it bumped to 549t. was that a technical error like some are saying? or was supply released by whales to send the price down?
all are moving to saitama for the past days
its on sale the now if i had more cash now id be buying this up
just dropped another 100😭
my friend who is more experienced says february we will to put on alts
blessings to us all shibarmy and good people! i finally decided to hold my shib.
i heard its in 7 mins or less
we all chuck in what we can afford to lose
t minus 3 mins
t minus 1 min
just bought 3 million again... now the wife’s looking at me all weird
bruh just got 1.4 mil
already averaged down when it went down 26%
hodling hoping to be able to quit my job 😆
watch this guys it is gonna drop to resistance after a small gain
the mad ppl are the ppl full of regret... for not buying more sooner
it’s rippin brothers and sisters
however i bought back in half the money at 71 sat feeling stupid but luckily it is going backup so no loss no law snow harm you know would not make that damn mistake again!
got my 31.4m waiting for a penny 😙
shiba is a lifelong lottery ticket, either you pull out when you lost, either you pull out when you win!
i mean, it reaches 74 or 75, peaks there, then dips down to 65, then it slow crawls up, then it dips again. has been the case for two days now.
we're rising slowly rn
if you use coinbase pro, on the ticket chart you can select the drops downs for ema 12 and 26. if you do this you can see both lines moving in tandum. ema12 is the strong line and if it stays above 26, its good. if it falls below, dips inc.
honestly people should be using tradingview to track the value from different exchanges
my gracious goodness, it’s getting back little by little! i’m glad i didn’t sell this morning! thank y’all for holding up!
it was a fibonacci retrace and totally normal. markets move up and down in very set patterns
i heard some guy say it’s going to skyrocket because the market cap was messed up and they’re fixing it. thoughts ?
who ever that guy who bought ’s keeping shiba alive imo
i want to get more but my hubby is already mad though he thinks i only spent half as much as i did 😅
i'm still new to this, bought into the hype 🤷‍♂️
here we go boys, 8s let the fomo begin cmon
tell everyone to buy and hodl !!!! let eat this 0
it is shibtober we are carving up the crypto world each and everyone of us is a small part of something so big we cannot comprehend the scope until this comes to fruition each new owner is just as important as the last. promote promote promote
it will not reach 1’s 20x the whole of crypto market cap
well last year it had 11 .0’s now it only has .0000
you can’t do much with . but with crypto, you never know.
once we knock off a zero people will def take profit
fuck we do not need rh, we're knocking off zeros by our selves.
shib is now my biggest position in crypto and used to be my smallest
i'd buy more but i'm just broke from being broke
it is payday, watch that chart go brrrrrrrrrrrrr
looks like we just refueled! rocket ready to take off! can i get a countdown?!!
id settle for being a hundred thousandaire
serious question. there’s a lot of rumours about what’s happening on nov first
so far i've only been a casual trader and purely acted based on my gut feelings but after reading some comments here i got really interested in candle patterns
for me it’s cocaine and caviare or meth and mr. noodles hold till the end i ain’t no paper hand bitch
how the fuk do i leave this live chat
if you're in aus coinspot works well
anyone here holding gme
for usa residents, seriously what sort of taxes are we to expect on gains? important to factor into goals.
so far in the past hour shibburn says 11m coins have been burned... let that sink in
what other at the moment cheap coins do you guys hold that are expected to moon soon?
good my attention span is shorter than my dingus
lmfao. some of you all have never yo-yo dieted and it shows.
a pretty big one considering current exchanges alone saw 30 trillion volume increase in 1 day
would be nice to burn about a trill
back in the silk road days
when silk road got busted my coins went poof lol
i wish i bought during the silk road days i could’ve got so much like 2500 bitcoin for 250 i am definitely kicking myself
i hope they do own a bunch of shit and islands…more power to them
we’re going to flip polkadot soon 😈
telling everyone to hold while day trading lol u
rockin the shin burner 24. the music is horrendous.
it does matter if you’re selling because other people think it’s okay
seeing us maintain these levels is super bullish
saitama deez nuts right now
truman was a masterpiece
77 billion sitting at that price to sell on cb pro
bought another 1m with the wifey last night
cap back at 41b on coinbase nice 5 billion comeback.
if your thinking of selling your car for shib, just take a loan instead. being in debt is better than being out of a job or food. either way, though, not a good idea ever.
i have 230m in shiba and bought another 78m yesterday! waiting now on my next paycheck
just spent . who needs a 6pk when soon i could just buy a keg.
im making an edit for shiba coin rn, shld be done in an hour
guys it's doing stuff 🚀🚀🚀
even if we rip up again, if we come back down and consolidate in the 70-80 range i wouldnt be too mad. but of course i just want it mooning
if the shib nation is rich fk everyone else
i’m still buying dips too!! 🚀🚀🚀
no purchase is too small or too little. buy what you can
will buy 1g this weekend. waiting bank transfer
how does shib effect eth?
why would shib affect eth
i feel like im slaving away for someone else when working, making them rich while getting a slave wage lol
it most likely will come down a bit ( we are in for another dip ) load up
question i have is will we be able to cash out at .01 or .02? that's going to be a hot mess for sure.
i got my 17mil holding strong. i should be able to get another 10 mil tomorrow.
we need to burn another 1to200 trillion coins and i'd be happy for awhile.
sadly in america you have to have money to make money
market cap smegma cap who cares look what we did with doge
it is hot just like my neighbors wife boyfriend
but it will to .0099
down? why does listing bring it down
.001 and im out. bring it on
my mom hates me for using her paycheque on shib
don’t do the profit grab let this ride we are moving up and up hodl if you can!
my neighbor has an adorable shiba inu puppy named haku and he is like petting a cloud
solid floor at 75
i expected a dip today and didn’t see it
i do not feel bad buying at all. with the burn on going and the attention this coin has received today's high could be tomorrows low
yeah but i think it will go down before going to 0
if rh picks up shiba. we will rally i feel
shit company. but could help the rally
perhaps everybody buying now will cause the bull run to rip. that’s mystic.
all the crypto was red the other day. except shiba. logic doesn’t apply here
1 billion shiba on hdl
i'm in!!! now have 39 million!!! woo hoo to the moon!!!!
i gotta stop watching this mess and signup for a new exchange.
what happened that is going to help us? i’m late
that fomo will hit people like a truck if robinhood lists
i pulled out of robinhood and started trading on public
just got some elon on crypto.com...imma shib and doge forever type of guy though
do not worry about the cap changes all the time and it is manipulated most of the time anyways
i am holding 11 millions but i do not feel excited about it even if this is probably the closest i have been to have some real money in my hands.
that is stock not crypto
patience and diamond hands will rewarded hopefully
any other creasy coin people are buying for really cheap now (i do not know if the question violates the rules)
i could not believe if i get 100k from this.
shib has already proven along with doge that people talking market cap have no clue how this works
only invest what you can afford to never see again. just like if you go to the casino. expect to lose, enjoy the blinking lights, have fun.
gotta run all. hold strong this weekend is going to be epic
100 million and holding strong
we must burn more tokennss
spend your childrens lunch money on shib yall. they dont need it and this bull run looks craaaazy! moon , ape , retard!
got another 500 bucks to drop
yes sir!! just bought another 10mil 🚀 let’s go
i put in 1k in may i'm 9k up. bought another 7 million during the dip around 000067
1 cent is the target, the price now is very cheap
just put another fifty bucks down bringing my total to 36 million and change. you're welcome 😀
what's the current volume in the market?
get ready for .005 cents shib guys!
if we lose another zero this year, i’ll be real impressed and who knows what could happen. shiba talk is everywhere. fuck the stock market, go crypto
i bet shib will hit milestones faster
we are majorly up compared .000028 a week ago today
right, and the on going burns are great.
shib is only thisguised as a meme coin. it has structure and promotes decentralized everything, which equals freedom and prosperity in my book.
as they deserve lol
shib has actual use and potential. it’s not like some bs coin. if it was, coinbase wouldn’t have added it. they have standards. that’s the way i see it anyway.
a man of culture i see 😎
i used to be heavy into politics. that got me nowhere in my teens. they’re all snakes and care about their own shady business, raking in millions so i said “aye, it’s time i only look out for me and mine as well.” 😎💎
but yeah. damn bro.
people are strange. we should embrace progress and change. otherwise life will come to a standstill.
hahaha!!! i love it.
it’s the perfect hamster wheel though. just enough to keep us insane enough to keep going back and clocking in.
i give them “props” for that. 🤣
it’ll have no choice. one day everyone who gave us that “traditional” old-school advice will be in awe.
woo! i’m excited this morning ya’ll… shib just keeps on moving sideways. great sign for more bullish movement in the future. solid support about 3 times at a 0.5 fib retracement level. hold steady, boys! the culling of all the weak-handed ones is all that’s taking place. 🐺
i know right? i hated being in the nightmare chart of doge but shiba is looking textbook
brainstorming crazy burn ideas
with enough time and burns, we can hit a buck, my dude.
.01 would give it a 4 trillion dollar market cap. btc is at 1 trillion. shiba hitting .01 is *absolutely* possible over the next 0-5 years. especially if they start burning lots of coins. the shiboshis already burn coins and the dev team is working on more projects that will burn coins/
i sold cum for shib
you guys do realize nothings going to moon today just because you say it’s going to right?
you think it will peak at 0.32? that is kinda impossible
you fuckers are being paid to advertise right now... if you have no extra money then fucking hold. i do not give a fuck if you have to eat dry ass ramen and live in a tent. hold the fucking line. your future self will thank you.
i’ve got all my shib burried in shibaswap. just collecting bones and leash 😀
i’m going to put in money i can’t afford to lose
i will recoup 75% of my investment and leave the rest in there
80mm shib. had 160mm but im no diamond hands. i took profit.
i like the idea of slowly putting more and more into this coin, but is there not a real chance that it could drop right back down to where it was before ?
100g can pay off my car, credit card and vacation. after that i'm back to work.
elon posted that shib will go up to .50 until end of year!!
don’t shame sellers. you don’t know everyone’s financial situations
doge dudes cannot even write now lol
a dollar this year def ain’t happening y’all dreaming with that one
do not buy at this price, its still way too high
for anyone i ste rested, here’s the link for the vote on getting shiba to robinhood. they have 411,766 and need 500,000. this could bring up the price:
shiba was a get rich quick scam... do not get caught holding a bag lolol
no chance. in my totally uninformed opinion. .001 would be a miracle i think.
if you think shib will get to a trillion market cap you are out of your mind
are we friends with doge or nah
i need 1 more karma
can shib x10 x20 ? i’m new to all this shit
dudes like single handedly saving the planet from fossil fuels
01 cent here we come. people can talk market cap all they want but when 3 world countries put all there investments into crypto because their currency is worthless. i can see shiba and other cryptos having trillions and trillions of market capitalization. it’s not if but when.
it’s coming back down, leave someone else with the bag and get in lower. the market cap didn’t increase and volume isn’t significant to sustain the spike. smart move would be to pass the bag and wait for the dip and increase your shiba coins. you do you though homies
my asshole is about to rip
we will never sleep. cause sleep is for the weak. and we will never rest, till were all fkin rich. $$$
41% shib burned. not in circulation anymore
a wish shib go down 90% to spend another few thousands of eur
elon is fantasizing on shib rightnow, i know he has money but he’s a power trip, he’s saying only if i can be the general of shibarmy rightnow i will support shiba inu!
i like elon musk but i dont like that he does not own shib
i'm gonna be honest you guys i feel very comfortable in this sub!!!! if you can have a debate about something and it not get heated that is a win for me!
i chose to lock my coins cause i knew id get paper hands the moment i make a little bit of profit
you will never reach centagi status if you keep listening to thiscord fucktards. we are the future. this is the promised land and soon we will be manipulating the market to pump and dump. you want to be rich? follow the fucking line!
for the good of the community, gift karma 🎁 ✨
you guys that are new or to anyone should have a look on investopida, learn about rsi and macd it is pretty straightforward. gives you half a chance to learn when it is going to dip or bounce.
so much for it’s gonna go up it’s payday, fecking idjits.
weekly and monthly as well check it out. double every week. you could become a millionaire in about 12 weeks if you invested
fucking dog cunts selling!
please dont put all your life savings in here. even if theres a good chance it might moon, theres also a good chance it might crash. invest what you can afford to lose!
thanks for the answers!
rip means go up guys
i won’t get paid again till the 10th think it’ll still be in a good range to buy more or should i just hold onto my 770,000?
bed time for me, i hope to wake up to another 0 burned !
about to pull out 360k within the next 10 mins
i know i'm prolly gonna get killed for this but yall see that dogelon mars or whatever
shib could be 0.25 by the end of the year.
i think 3-5 years till you see .01
i told my gf we aren’t doing fancy dinners anymore. it’s all going to shib
i'm in south america, can someone explain me what is the best way to buy crypto from here? is binance a good option?
is it about to go up or down??
you guys don’t think it’s going to dip down a little farther before another upshoot?
i think if it does it will be a long way off
long down the road for that one, but who knows. anything can happen right?
some real shiba haters on here downvoting my high hopes
hey quit ragging on people for liking musk
impossible due to market cap to reach 10 cents
don’t listen to people talking about market cap and circulating supply. it won’t be the same in the coming years. they are telling you it’s impossible so you sell and they can scope it ip for a thiscount.
you need to sell when it lists on rh
it is there for a reason etherscan tele thiscord tweeter all under menu right outside this chat. cya on the other sites apes!!!
it is chilthish to downvote my comment it is like down voting this chat is there funders in here clearly.
if youre here to be a millionaire in a day wrong place
.001 is out of the question 😂
guys i’m starting a shiba lottery. 20 people buy in at 50m each for a chance to win 1b shiba. who’s interested?
ok. im at my risk comfort limit plus a little for a dumbass meme coin. 100mm shib worth about
i hope shiba hits
is there something wrong with my charts, all i am seeing is the price go *down*
let us be realistic. this is not getting to 0.01 this year. but it is very possible next year.
goin up fast. damn needed time to buy more
red rocket red rocket
you gotta get your shib on guys!
no sleep tonight i guess. enjoy the ride
even with the "glitch" not fixed, the doge is beaten again
this is the rocket weve all been waiting for. 100
this is nothing yet, it is yet to come
bought a bunch on the dip...let us go!!
if this gets to 0.2 then ill have 9 mill :d
do you guys think it’s because they’re fixing the supply circulating error?? i literally just bought 180!!!
i think shib will peak around doge ath tbh
around 0.5 or 0.6
it is not fixed yet, when they fix it, shib will be exploding
can i ask how much shib burnet at this moment?
it is going to blast off soon
on it man! i just went in with another 300$
7mill .000632 early yestday
probably the scam yt stream
i want some taco bell
haha bought more at .000065 and it’s already fucking up! 80m more to my wallet baby 600m strong lfg!!! 🚀🚀🚀
boys if you got spotify plan on shiba burn playlist i
im praying shib reaches 0.2
very very cheap right now buy more
yessir we taking off tighten your seatbelts 🚀
i just bought 200k more
fuck it... all i had was 20 bucks
i have 90 million wt to do...?
would love for it to eat a 0 today
my bros get rich or die buying fucking let’s gooooo
good thing i bought some dip just before
i wanna cum so hard at a penny
people selling below 70 crying right now 🤣🤣🤣
(conspiracy theory music plays)
selling a tight hardly used butthole that’s been moderately played with for more shib
anyone else feel like they cheating with a side bitch when buying another alt coin? shiba my main thot
taxes gon eat half my profits smh
it felt good to buy 1k on that low low dip
congrats to all of you diamond hands
just dropped some more in, strap up boys we about to take off!!!!
if it can hit 0.1 then it will have the momentum to atleast hit 0.2
i wanna get to 50 mil before take off
lets go shiba! 🎉
no .01 until we cut more of the circulation
we have blast offf
fk you to the panic sellers 💎🙌🏻
got 50mil total bois
got 650 mills. lets go 💎🙌🏻
we going to remove a zero? or much higher?
i knew it i was right our run has not even come close to finish .003 aud lfg
honestly who panic 😆
petition to cancel shib on rh
lets fucking goooooooo 💎💎💎💎💎💎🚀🚀🚀🚀🚀🚀🚀🚀💯💯💯💯💯💯💯📈📈📈📈📈🙌🙌🙌🙌💎🙌💎🙌💎
why does coinbase have a 750 dollar limit
jackhammer that buy button
let rh list it, price go 🚀
our brothers and sisters in the far east are waking up!!!
we don’t want r
holy cow, its going up
more exposure, more buyers, more moon
(pssst)whispers: do you know reverse psychology
let’s not list robinhood
press 1 - if you have paper hands 🙌
diamond 💎 hands beyotch!!!
i will spend it all
f robinhood but is going to be really good
it is not fixed yet
just bought 4 more mil to put me at 140
coinmarketcap or crypto app
robin is full of criminals
they need us to be positive this year
come on les go people finish green on the west coast
40,6b market cap, damn
💎 💎 diamond hands 💎 💎
what are all these people shib would not hit this or that? who cares if you so worried it would not hit xxx move on.
why are we thinking it’s gonna run rn?
rh is just icing the cake is already there we just got to take from them.
it’s gonna hit 1 trillion mark cap when it’s on robinhood and constant buying….fucking fire 🔥
my weiner got all girth
i just traded the last of my atom for shiba. my solana might be next
the fact that shib is staying like this means we will lose a zero in the next week with enough momentum
my bank account ... let us go! you?
so i remember market cap was like 3 bil...and now 40 bil+...nice
just bought 25 million
usd indeed, it is because of the supply "glitch"
bye doge lol felicia
just threw another , i get paid in a few hours gonna throw another
as the saying goes no better time than the present.
so how about them gas prices
man i let so many people talk me out of doge with market call nonsense.
not a capper, it can get there, just not this year
all the math in the world about why it couldn’t hit .01 and it soared to .70 never again. hold
i sold my chungus for shib
i dropped 33% of my bank account on the dip yesterday lol no more buying for me sorry fam
i think another zero gone sometime next month. idk about today but we are very close.
no reason to be chatting when you can be buying
odds of going back down to .000065 tonight? wanting to buy a bunch more, but do not want to fomo buy now
made a fatty buy 💎 🙌🏼
i think we gonna drop back to 0.00009aud and then boost up again
i fucking love this army
u-dew-humphries 9 mill if its does for me. but 4 mill after tax lmaoo
let the shib rain over me
yea im not saying itll peak 0.32 in a year or anything but within the next few years possibly.
shit, hire someone for taxes. i paid 300 last year and that lady got me like 5000 back
bought 5 mil for 220
i wish !!!! waiting my fucking bank doing the fucking transfer !!!!!!🤬🤬🤬😅
how much shib does everyone have?
lets make history 🚀🙌🏼
just bought 15 millions shib
still gonna make hundreds tho 🤣🤣🤣🤣🤣🤣🤣🚀🚀🚀🚀🚀
lets take this baby to the moon! woof woof!
i’m looking at cad sorry we crushed a zero today cad wise
just stake your shib if your on crypto.com and get shib weekly back
told y’all was the glitch
im at 41 mill shib. i knew of shib a month ago and wish i had looked into it more to get in earlier
so, salary day? shib is pumping up like a sober hooker on a drunk elon
buy the dip! 🚀
i wish i had been 18 sooner i would’ve bought so much shib a day before and just been fucking loaded. and still hodl
goodnight 0 💤💤💤😴💤💤😴💤 rip bozo 🚀🚀🤣
23 mil here. been holding since it dropped like 6 months ago
be patient even if it dips. hold.
got another 80k in an etf but i promised not to sell any of it
shib’d out like a mf
unfortunately i feel that most people are going to sell off once it hits 0.001 or 0.01...
i have about 3mil
we shibastic now??? 😎
wish we only have 1 live chat, too many going on at once
jk penny or nothing
when do people realistically see it rising again?
dollar ain’t impossible, we just got so many haters. crypto as a whole is blowing tf up
shib gonna make so many millionaires its crazy
let us get the gme guys in here, goddammit!
shiba event in crypto.com
i didn’t say dollar this year did i?
doge took 6 years
taking a biiiiiiig shit on doge coin 😂🤣😂🤣😂🤣😂😅😂🤣
💎 hands for months 🦍
i used to be a doge maxi. not anymore
personally i think it will spike once more before the end of the month then drop again
so tired of elon and his bullshit
not saying it won’t rise again after that
i bought all i could yesterday already 😩😩
stop selling will ya?
tbh i put in just enough to where i can handle losing it. set my sell limit and ill just forget about shib till it hits the news
what's with the hype rn
it's only little correction
i can’t stupid binance takes 10 days to clear for ach transfers -_-
youall have money i dont
so glad i bought an extra
we chillin 420.69 hyped. not full send
crypto.com takes 2 days for e-transfers...
i want a mclaren
didn't let me buy the dip :(
i want a r8
damn let my ach transfer clear so i can get in this dip
if dogecoin hit .75 we can fuckin do 1cent . just matter of time
0.001 not selling. 0.01. not selling either. 0.1 neither that will break my diamond hands.
is 1b coins enough?
^ that’s good luck
for shib to be worth 0.01 we would need to exceed bitcoins markets cap several fold.
yo anyone have a guess as to when they’re going to fix this circulation glitch?
let us hold strong boys
i have a good feeling about november , we in this for the long game
shib on sale and strong resistance around 6 still
the actual fuck is happening
i traded most of my doge to get shib but somehow yesterday the rest of my doge hedged my cuts. go figure.
a 6 percent increase in selling but we still going up lol tffff
hold and stand the line... buy the dip
i’m cool making 10 times what i came in with
.32 ath, 12 april, 2022
still to much shib in circulation
i added an additional 300 at the dip
this thing is live
i hope the pup eats a zero this weekend
then i can have peace of mind and play the long game
hope you guys managed to reload we off on a mission today
y’all need to sleep it ain’t going to the places you are holding for over night 😂 only 8:30 pm for me
after you let a dog run around and play the puppers needs a break for water and food before being crazy again
any one hold saitama ???pretty good project...
hey guys i sold doge at 0.0003 imagine how i feel.
this guy is right
remember you guys you only lose profit if you sell. you can hold forever if you want
shib is better than done 100000000x
shib to the moon! 🚀🌚
we should be above .00009 easy
let’s make a stand tonight and hold. the whales will buy in with fomo.
let her rip, tator chip
can you mine with a macbook?
who can resist these prices lmao
i’m getting about 18,000 coins per day
can you also mine for free
it’s not much but it’s honest work
i will send a link rn
stop buying for a bit, guys, i want a thiscount!
you can mine it through “unmineable” lmao
so people saying the government will somehow stop shib going up as they would not want us being millionaires but surely they would have done that before with btc or doge. the more of us get rich the more tax they get
i’m mining eth that automatically converts to shiba
ya i’m using unminable
what generation would us shibbers be like starting from the begging of a coin and watch it work it is way up?
the fx whale who bought 11m usd worth said he sees it going to .001 easy
i’m using average gpu as well
so get in while you can
do you have to have a gaming pc to mine?
as of october 29th the volume has gone slightly down by 3 million
or can i use a shitty walmart laptop
market capright now is actually not 40b but 25b, much room left to grow
guys you cant mine shib lel
lets make this shiba a fluffy boy
if i steak 5mil shiba on binance how much do i get per month?
i bought 3mil more. was hope iv for the price to stay down till tomorrow so i could bug more but🤷🏼‍♂️
how many coins you guys aiming at having? 100mil?
what’s the benefit of putting all my shib in binance vault?
massage me if you need clearer instructions
they fucked at cmc but the fuckers cannot fix it. cocksuckers
when you mine do you get to keep it for yourself?
the spike since this chat started 😩
staked for 3 months
can we mine on mac ?
i sent the link
might be slow but it will work on mac
i’m seriously debating on it. momentum can swing heavy to take all time highs.
oh boy it is about to happen again is not it?... good lord. at least i got some sleep last night.
shit on... i mean sheeb onnnn!
sent the whole paycheck off this week lol
i'm looking forward to the dip
i know the pain when you wanna post something really bad but you do not have enough karma...
wishing us all. 01, teeth are so fucking important i cannot wait for you to fix them!
this is the floor. this is the dance floor & its going to go to the roof
no, it doesn’t. look up burn 🔥 and the rate of total crypto market cap. it could happen eventually, maybe in less time than anticipated.
coin coinbase does not want you to be a paper handing bitch
nice i was feeling it too and put 2,000😎
man i want your optimism pal
for real ^ if any of you panic sell in a dip i will be immeasurably thisappointed , you will have let us down
i saw someone post a while ago something along the lines of “making a couple grand … but retiring 20 years earlier is even cooler” we’re in it for the long haul
when they don’t listen let them watch
ok ok ok double time. we need a clean viral video on tiktok to reach hundreds of thousands of our more basic brethren so they can burn a set amount of tokens all at once on the same day at the same time… that would be magical. a small price to pay for salvation… from the system.
same except my version of “yolo” is a whopping :^) all i can afford
yeah reason i dont want a fancy car
right!!! it’s not a loss until you take it!
true! i feel like i don’t spend money of shit other than this 😂
if you’re ok with lossing money knowing it has a chance at making you bank. id say put in at least 200-400$
what? they’re definitely awake lol philippines is 12 hours from eastern
when did circulation get fixed? the circulation says the same 594t??
good. we accumulated 😎
that is okay man we will and can always get more! 1 mil club!!!!
i panic because i’m a newbie and bought the pup two days ago
its going to moon to atleast .01 very soon from watching other coins
we may test it a few more times here, but i agree!!
this is the way, then im happy, slkow but steady
i suspect if it hits nine a second time, it sheds a zero.
i verified this source: it checks out.
nothing wrong with a bigger risk taker
me too but at least we’re still holding, no paper hands here
people with more money than since haha
i’ve got enough shib already in my bag and it’s been tanking and no more ammo to load up, a dollar cost averaging in
sweet… what is alts?
just chill lol but in red not green in an almost ath cmon lol
15% if you keep more than a year
look into a crt trust to get those profits tax free ;)
many schools have free lunch programs
we'll just skip a zero? works for me 😅
possibly, but patience is key. if it does go quicker, awesome. if not, oh well. still hodling until i have to hire a tax accountant. ;)
honestly part of me believes this too lmao. 👀. 💎😎💎
you are not wrong dude they definitely have a system for it
yea screw working... what's the point of anything if you still have to work...
it’s growing with higher intentions. i’m sorry but it’s not stopping for anyone with doubts
basing only off of what doge's ath market cap, i think we have a 3x left in us. this isnt financial advise.
lol lithium mining from salt brines in south america is contaminating local water basins
do not be a cuck
will rest plenty when we die anyway
only gotta pay tax when you convert to normal currency
i am with you, except too many point to market cap? i am too dumb to understand so i will believe it will go as high as it wants .
hodl with your diamond balls
verify your identity on the app
that might just be your account.
this is why so many people make the “we’re doomed” post when it dips 5% lol
unaccounted burn? or what happened to coinbase
eat less spicy foods
i see, then we hodl bois
few bil...and still added here and there
best drunked decision of your life
my goal is 0.07 ... i’ll hodl at least until then.
i’ve seen some guy predicting nov 10th
stop following him. nobody force u.
elon shitting on the coin lol
does it ever go away for us??
not hype, sheer fucking will
nah tbh the rumor that it was going to be put on robinhood, which they denied but with the hype hopefully it’ll happen
it’s still dirt cheap
no, compare the supply between the two
maybe the euro army going hard in the paint?
missed out on doge. shib is our chance bro
i sold shib at .000006 , rebought at .00003
nooooot like a winner? ☹
i gotta check this out
i have a sager laptop with a 1070 sitting on my desk being useless. imma check that out
you just need a shitton of gpu
wrong, it is 40b, the price is wrong
looks like you can through unmineable
i’m doing it as we speak
i hope you’re able to survive without it honestly speaking don’t want a fellow shib brethren to starve
sorry i’m going to take it and throw it into your shib account
well let us blow the roof off lol
he’s manifesting it lmao
i ain’t selling shit.
sit back and relax man it’s been 2 days
it is a problem when it could potentially ruin your life
except when they can literally lose everything they own
think about it, when the price goes up 5 mil will be what 1 bil shiba is to us
what i was thinking
exactly. i remember when people doubted doge would even pass 0.1 because of the same reason
chungus is near the bungus
i think it can hit atleast 0.2. if it does then ill have 5 mill after taxes
i like your thinking 👍🚀🚀🚀
found some cheaper nsx :p
he can shit on what ever he wants he is the richest person on earth
when did they deny it, i have not seen that
exactly, we already beaten doge in market cap rn, 0,75 would be 2,5x the current price
haha true, so the adjusted price would be 0.000140
damn it would seem ive been misinformed. apologies
i'm good. all my bills are paid lol
got it...mood one...chungus bungus
they didn’t deny it but they never said they would, that’s was a rumor
i do not think the price is going anywhere soon after yesterday. i would consider the possibility of a consolidation in the short term
no worries :) starttt
this would not be the case if you consider the glitch, once it gets fixed, panic buying will start
holding since the beginning, bought more when it was at 06. already up about 40k !!!!
not selling. no point in selling until it reaches .01. 24m so far and adding more
bought more today!!!! im not fucking selling
i’m up to 100,000,000 💎🙌🏼
i’m holding and not letting go anytime soon. i’m also acquiring more weekly.
bought 200 million shib today and made extra
holding until $.01 and then retiring lol
up to 50,000,000. just talked my wife's bf into letting me add another 50,000,000 later this week.
i’m picking pennies up off the ground and buying this shit.
just the beginning. hold strong and long 🚀💎🐾💎🚀
🖐🖐 hodl! i started buying shib since was $.000009 kept buying in the deeps. own decent qty i have 200m only... i wish bought more! i told my friend to buy shib bc is not a meme coin anymore and he bought 1trillion 🙈😅🤣 he is a hodl. not selling bc i told will go to the moon soon~ 🚀🚀🚀🚀🚀 he texted me ty so much! the reason i'm posting bc is proven now!
there is no dip, only buy now!
300000+ strong now!!! lets go!!! anyone here from when we where just 2k strong?
sitting pretty with 14,410,000 ☺️ bought between .000019 and .000025
... let us break the next resistance first...
been in since 8 zeroes 🤫
since may... did not come this far to suckered out by a whale...
i’ve been holding for months now lol. i literally seen shiba when it was dirt cheap and just chucked a bunch of money at it lol. money that i would spent on a newer supercharger lol. hopefully this pays off
theres no dip. its going up
i will hold till the zero’s won’t fit in my phonescreen anymore
all these people making me look like a chump with my 5 mil ):
i just want to let you guys know this very important bit of information before you buy shib... **i... am... not... fucking... selling** until i see that my 27 million shibs made all of you guys equally as rich. i love all of you boiz and gurlz.
100 million club baby
i cannot stop throwing money at shib
if you don’t hold until .01 what are you even doing?
dip? what dip? my !
vote if you are still holding!! ... at least you did not say hodling. if i was not holding, i wouldn't be here now would i? get your ass out there and make me some tendies!!!
bought more today. it’s where i park my cash.
oh i'm holding forever! we need a friggin' shib coin emoji!
it is not late to join gogogogogogo!
got half million more
need a new slogan with that still holding phrase.
just bought in. 1.2m. i’m ready!!!
trolls token join the launch to the moon
is it too late to get in?
bought before run... only
hodl is only the answer
hodling like a badass... not scared one bit... a month ago we were at .000007, who could possibly be worried about this? watchin my profits grow like mad... i'll hold till we're all millionaires...
bought more ofc 😁😁😁 usa nasdaq is broken... shiba ftw!
up 2.2k on the day w shib never selling
i went from 20k to 102k and still holding
what dip? lol. ' i keep waiting for it to drop even a little bit to buy more and it just keeps going up.
holding 17million that i got around .000037 diamond hands for life. i've missed out on other opportunities and too the moon communities but i'm loving it.
me! i have 17 million coins.
this wall at 5 is so freaking strong, but somehow we're able to keep the pressure on it! it will burst and it will burst bigly!
traded 50k etn for 17 mil+ shib. 💎✊
it wants to bust so bad!
always buy don’t stop!!!
thinking buying 10 mil 500
i took the opportunity and bought more. holding 19.1m right now. i kinda struggle financial wise these days so i cannot buy a lot.
noooo were going to mars nexus aurora said so lol love this fam
50m coins bought on last sun and today! not selling till they reach 1 penny per coin!!!
let the shiba inu be the new gamestop of this era!!! we do not care robinhood liars and cheaters, we do not care elo musk! ' lessgoooo shiba inu!!!!!!
bought another 1.5m. not a lot but its what i could put in
just bought my first shib, had to my luna to do it. tough call but worth it already! shib forever!
i wasn’t paying attention didn’t even realize we dipped xd
there was a dip? i've just been seeing it going up and up and up...
will there be another dip ?
never f$%king selling!!! 💎💎
what is the least amount of shib i should have? i know the more we buy the better, but we should all have at least what?
which dip? i dont see any dips lately
dip damnit! i want to buy more but not while it is going up!
just bought my first 200,000 and going to start buying more
dip ... turn your screen 180 degrees.
there was a dip? i only see a rocket.
what dip? its fucking .0004 is on fire sale! just buy
yes i do! i have 300m only... i wished bought more. i'll buy more in deeps~
im holding 150 mil since may 🔥and not selling for a couple years i believe in this project and this army. the strongest i have seen in all the crypto realm
i haven’t seen any in 4 days……
hodling at a meager 12 million... but if it just gets to 1¢ it could literally change my entire life. let's gooooo shib!! 🚀🚀🚀
just bought some more, officially at 10,000,000 now!
made 17 dollars recycling my cans and bottles. this month. throwing everything i got at her
s.h.i.b...still holding i'm bullish.
how much did you buy?
that's what everyone is saying! let's make our people's coin!
how much do you own
i’m sorry. you’re wife’s boyfriend?!
this us the way
gotta have millions by now. can't tell me you have not taken any out?
the dip is now. we’re gonna break another zero.
me too lol just keep adding
it was around .000050 then alot of people saw that as an eexit point so it went down to .000045 area. i bought more at the dip and its working great still holding
i joined at 280k and i swear it hit 310k 48hrs later
i was here around 15k if i remember correctly
omg! electrophobiology is the branch of science concerned with the study and study of electropharyngeal tissue. electrophobiology has long been an important branch of medicine!
your a strong one. gotta be rich as hell. but i guess even more so cuz it is not slowing down
bought more today too!
definitely not! this thing is goin goin goinnnn 🚀🚀🚀
yes lol. most of the cryptos i'm watching are all down, but only shib keeps going up green light lol 😆 whales 🐋 are dancing dumping and pumping. missed the setup stop buying for seconds 🥲 shib really holding well! safe to the moon🚀🚀🚀
this morning had sudden dump $.000047. i was going to set stop limit buy at that price. omg got bit thistracted for seconds went down and up to 000052. it is important to set up stop limit before going to bed. i missed it, i was pretty upset... end up not buying anymore was too tired but was dumb not to buy at the spot price 😅. is forming triangle to shoot up again fyi
well i sold some and totally regreted bc there was no deep lol, so i bought more 10 times more then initial which, i'm thankful for my ta~ hope you guys have easy ride~ hope you do well too! if see my sol
what makes you think that
yup true~ after tech analysis again no room.
i know some of these words
na. i only put . nothing since
what is your price prediction???? might throw 100 in 😂😂😂
you are gonna be a billionaire soon
yes. can you please explain the joke?
it hurts like a bitch when you sell early, experienced it with amc 😭😭
i have been watching this pick up steam. i mean i could be wrong, but i have watched this community go from pump and dumpers to believers. i have only been in since coinbase listed but it has been a dramatic change. i really do think we’ll breaa as k another zero in the month though.
think of it as buying a ten dollar scratch ticket once a week for 10 weeks …. i think you have astronomically better chances with shib.
it’ll get to a dollar eventually but i think the penny for sure, soon!
yeah no problem. it's a self deprecating joke commonly used at r. here's an explanation from another thread: "wsb has a lot of 4chan dna in it, and this is part of it. 4chan is obsessed with imagining those they do not like as cuckolds, men whose wives use them for money and sleep around. as a result, they like to imagine the ultimate pathetic loser as being someone that knows his wife is unfaithful and accepts it. wsb imagines themselves as the ultimate losers without lives and wear that as a badge of honor. "tendies," another meme of theirs referring to profits, is a reference to the supposed favorite food of autistic man-children that live with their mothers, chicken tenders. as such, they pretend to be this mythical willing cuckold to further the gag."
yeah but was a small amount lol besides i was doing some tests (scalping) so was no biggie. now that is proven. i bought much more!
well did not most of us. i had a ton at 10 dollars an after holding lil while i unloaded it thinking nothing is gonna happen then it hits 60 a week later. i know the pain!!
i think we're talking about the same friday. but from this ive learnt my lesson and forged diamond hands now.
np. welcome to the shib!
yes taught me a big lesson. 💎 hands is the way to go. time is only your friend in investing!!! it was just fate making us stronger for shiba!!! i have a 5-10 year plan here not making the same mistake!!!
like this post or 10 years bad luck!!
ehat happening right now? price is mooning
35 last time i check let’s go!!!
love this doggo ❤️
there is no love outside. but there is love in shiba inu community. i want to be a part of something. shiba inu to the moon.
what’s driving the climb?
best decision made so far. lfg
i’ll be content if shib hits a penny. but of course the higher the better.
i didn’t know i was on facebook.
fomo pump now a week ago i said no one wants to buy when it dip a lot and now they fomo in
buy satozhi (satoz) new era bitcoin coming soon
is this the main shib page or is their another 1 i’m a new shib holder waiting to buy some tomorrow once i finish my coinbase account
r& ongoin burning 🦊🔥activities
"give me karma if youre alive"
looks like a repost. i've seen this image 10 times. first seen [here]( on 2020-06-25 92.19% match. last seen [here]( on 2021-10-07 95.31% match feedback? hate? visit r- *i'm not perfect, but you can help. report [ [false positive]( "qe8i5v", "meme_template": null}) ]* [view search on repostsleuth.com]( --- **scope:** reddit**meme filter:** false**target:** 86%**check title:** false**max age:** unlimited**searched images:** 257,837,341**search time:** 0.33521s
he looks like a right good boy.
sooooooooo fast... i had my alert set and it is screaming at me shib is sooo good ... let's keep going
keep it front news!!
nowhere near the moon but it’s trying
what do you use to alert?
i have coinmarketcap app installed, you can set alerts for each coin in there, lows and highs.
hahah 0.01 is good enough for me
yea i masturbate to calculators in public all of the time.
now i want to go check again
agreed pretty much 2-3 times a day
i only do it once .0005 to see how much shiba i need to buy to be a millionaire at that price. 🤣🤣🤣🤣🤣
i'm considering taking a couple hundred from profits of doge and buying more shib. i'm kind of holding on any moves due to the whole chaos that has been crypto world this past month, trying to learn and see if i can find anything bout shib skyrocketing soon...
lmaoo that is me 🤣
lol so true and mostly when taking a dump...
every morning with my coffee
best simulation game out right now
all day that is me 😅😂😂🤣😅
i do sometimes lol but i don’t calculate for a dollar or even ten cents. one cent is the highest i calculate for.
so imagine you get 100,000,000 usd value with shib when it hits, 0.1$. do you think any exchange would allow you to cash out? what would happen is that your account gets frozen, unable to trade anything, let alone withdraw it. make sure you set up a strategy.
sometimes i look at other prices on the cryto.com app and just multiply that price to whatever amount i have in .
i was just doing it🙏🏼
you guys have a calculator that goes high enough?... shit maybe i'm doing it wrong...
lolz least 10x a day immediately after a dip buy 👃👽💯🐍🙂🦴
guess im not the only one lmao
i’m doing this right now... and now... and now...
100% with all of my crypto! it keeps me sain and helps me hodl!
every god damned day. trying to figure out what it will take to be debt free and maybe fix my car. ha!
i only do my calculations around & up.
every day. i even put my personal minimum selling point in my notes, and i still find myself calculating how much selling would be worth.
doing this quite often… planning a sell and hold strategy. hit x to sell x and hold the rest is the thought process for me.
i used to do this until i understood that the maximum supply of shib prohibits is monetary value ever reaching a cent. now...a fraction of a cent, that might be possible.
lol the retardness using calculator for
i'm always calculating as if it was btc.
all day looong 👊🏼😜
if you ever need to calculate for a 1. obviously at 1.
half a cent is good
this is me 😂
constantly! especially prior to buying more!
if you need to use a calculator for …...
buhahaha 🤦‍♂️ fml 🤣
i'm going to do it now, 😆
of course why else would you be doing this for...
yeah...but i hafta turn my phone sideways to get all the numbers in the screen. (i multiply my shibs by how much doge is at currently)
sooooo... its not just me...
oh god every day, constantly
sometimes i look at other prices of some cryptos on the crypto.com app and just multiply that price to whatever amount i have in .
lol. and 250 mil is the number of shibs i got too. this is too accurate
lmao, i feel super attacked right now... specially when i convert to mexican pesos i get an small orgasm.
lmao 🤦‍♂️ guilty. my role playing fantasy tool.
lol me too 😂
same here always double checking to see how much more shib i need to get. 🤣🤣
how do we work out the maths?
i do the other way. 10x, 100x, 200x, 500x, 1000x lol
if i put 10 bucks into it right now how much would i have?
yes, that’s how i decided how much to buy! half a penny and i’m a multi-millionaire. i really need this. let’s make it happen! i’m holding to at least 1 penny.
omg yes! all the time!! this is me in the past 2 months!! 😂
almost everyone is doing same
ad converting that answer to my country’s currency
i just want enough to help my company help people. that's all i want. i hate having to want anything but that is it.
omfg i couldn’t stop laughing cause i was doing this exact thing 5 seconds ago lol
this is me during the dips thinking about buy more :p
hodl hard and this will be real! ! shiba army strong!
hahaha! i do this on the daily
are you using again?!!! you gotta try to lay off that stuff sometimes man. i've been clean for 12hours
i did it with 1.00 and 0.10 and then i stopped
i'd be happy around 45 cents
yikes. back when i bought 1 billion shib, i already spent couple hours planning my financial priorities after becoming a millionaire. i know it’s bit far fetched but definitely in for the long term. now i am atleast hoping to pay off my home loan debt. wish me luck guys.
not for , no. i can work that one out myself. qiuk mafs
well, i was doing that too but then i realised considering the high volume and the current market cap. it is very unlikely to reach .001. even if it does, it might take at least 5 years. so do not blow all your savings and be smart. invest the amount you can forget about and keep grinding through life.
if shib hit .10 i would buy an island and create a new country
i bought a smart watch so i could do it at work lol
sometimes more than once a day. lol 😂 in case i did it wrong the first time. haha
to tell the truth i used to do that, until i read about 😜😅
add to that conversion to inr from usd. if it hits 1 dollar i will be in the 1% of 1% in india. lol it is fun to dream.
man i cannot do it to myself anymore...wait that does not sound right.😳
1000000 times 1 cent!!!!!
and i thought i was alone on this one.
honestly my goal is just to buy a house. once i have enough for a house i’m out ✌️
yep. makes me depressed. i love being depressed
i want to find out when is all this crypto bump is going to end :(, diamond hands but still sad to see the dips getting deeper.
😂! i thought i was the only one doing that 🚀
lol! ohhhhhhh, yeeeessss, indeeeeeed. all of a sudden, i got really good at division and multiplication and using decimal points.
i keep doing math as well if shib drops below where i bought my 100mcoins at by a big enough margin i’ll buy another 100m or even 500m coins and hodl till i’m a shib billionaire
i do this more than i would like to admit 😅
yeah i have 50 million so the math is pretty easy. just shifting decimal places.
keep buying and spreading the word about shib and we could potentially see .01. i'm optimistic
no because that is why this community for the most part is getting laughed at. you are all buying lets just say 100 million shib thinking you have . and you would not. not now, not ever. put the calculator down and just hold. just be happy if it hits .0001. those others are pipe dreams, but hey, if they hit, we all get islands so. ;)
😂 calculator is my new favorite toy.
i immediately made a quick google sheet that calculates all of that for me so i can glance at it and always know where i am, and where i could be...
if you turn your phone sideways... it’ll goto 1 trillion.
nah, because i don’t obsess about money, nor am i desperate for money, and nor do i crave becoming rich. i stick by the motto of ‘what will be, will be’. if it happens, it happens, and i am more than happy to work for as long as i can regardless of being a millionaire or not. crypto has always been a set and forget.
you’re retarded if you do
hahaha this right here is the way 🤣
now is 2022 guys ✌🏽 shiba price is?... you say
jesus guy. at least let srgrafo get some credit
how do you calculate coins
these numbers are nowhere on the horizon yet
i didn’t use a calculator in college as much as i do now!!!!!
never do it. i’m a pessimist.
have no time for math. i have really short time breaks between buying
it's not going to happen if you keep posting that your just waiting for lambo
can somebody explain how to do the calculations?
mostly looking at what i need to break even lol
i‘m just a multishibionar but i wanna be a billionar as multishibionar 🦍💎
this is why the nintendo switch is charging for the calculator in their store, they know.
so i'm not the only one who does this
that’s why i keep buying the dip!!!!
lol that is accurately relatable bro 😂
i checked mine at $.1 cent. it was close to that calculator total.
this place stinks of desperation
i’m good at .0009
i have never been so familiar with decimal places in my life! 4 zero’s 5 zero’s? no prob
all the time. at least twice a week 😂
yeah i’ve done it
hahaha yeah working out what you need to hodl to make it worth while. 100 million onwards is alright.
if we can reach ada cap high
i have got to the point where shiba is the only crypto i buy now. will it ever see 1. i truly believe 0.1 is inevitable though
wow that’s literally me almost everyday 😂
do you think the .001??
.02 cents and i’m a millionaire
just finished doing that with my 10,000 dogecoin i sold at not the ath, hodl shib army or feel like a dunce for selling when it goes way higher than you ever expected. ask me how i know.
i see my fellow apes are in full effect in the ranks. ,500 mill checking in. just a private for now. les go future millionaires.
calculator!! who needs a calculator for multiplication of 1??? just look at the quantity of coin you have and move the decimal point. then again, this is old math, do not have enough paper for new math. lol
i have 500m shib so yeah i'm always watching the price and calculating even though i've done it 1000s of times 🤣🤣
i do that with my shib and ada. i look up all the different price predictions for 2025 and multiply them by what i hold and get excited. then i sober up and try to remind myself that if it weren't for bad luck i wouldn't have any luck at all and try to be reserved... then 5 min later i'm doing multiplication again.
i'm so bad at this... cause i start subtracting things i'm going to buy... i'm lost.
never 1 dollar, half a cent at the very best, that is a long way from now.
the real fun starts when the irs takes an interest in why you all of a sudden got so much cash. and then after taking 80% on your registered one-off crypto earnings, they will most likely get suspicious and ask... "where do you have other crypto winnings - hiding?" and then they will pluck you for everything you got from now and into the future. a guy in denmark could not prove how he earned in crypto, and the irs made a so called "educated guess taxation" - and he ended up owing 4 million more than he earned.
isn’t 1 cent highly unrealistic tho? that would be bigger then the whole crypto market cap or am i wrong here?
i’m doing the opposite because this coin is dead. has india liquidated all our money?
hahaha always calculated 1000 times:dhes one of us:)!
bro what about the 0.1 people aren’t you going to hold for them ?
honestly even .001 is good enough for me i mean that be 100k in my pocket if i invest enough to get 1billion coins i’ll be looking at a million heck if it hits a dollar i’ll be rich as fuck. 1 billion coins at .01 would be 10m
i think every video and post is so gung ho on 0.01 because they intend to dump at .001 so good luck through that dip
agreed but for me at .01 that i enough for me to take half and pay off debt, then once i do not have debt i'd pay back in.
did you ever tried to count how much money would be needed to make shib go even 0.001?:d im pretty sure it would be more than all money in all other coins combined:d guys, wake up xd
ah so just a 4 trillion dollar market cap, yes a very realistic goal.
hahaha that’s what i did
make that per hour
bout the same. that will give me 1.25m and i will be straight with that
2b coins wish i had that now goal 1 and i’m holding at 100m till prices drop
i do .0006 and that puts me at 360k i’m good with that. that minus tax is life changing for me
i did that! :)
at this price, i pay off my house. and at this price, i pay off my parents debt, and at this price, i buy the state of minnesota.
what do you suggest?
great point. what is a good exit strategy? my thought is to spread it over several wallets and not take it all out at once.
i would say yes they will suspend the sales in some cases. look at robinhood and many other exchanges they always said "they have problems and suspend trading"for a short time like some days. so imagine you have 100.000.000.000.000
isn’t the point of shibaswap a decentralised exchange where you can swap tokens for fiat or other coins?
this is a valid concern. yeah, just take your time and transfer it to a place that has no sale limitations.
if you turn your phone sideways, you can go a lot higher.
lol i’d have 28 trillion if it got up to bitcoin levels. this sub would own the world.
haha i don’t, but i still do just to see it :)
about 2m i think, there is a calculator on cmc. 1.6m right about now\*
i used to do that all the time when i thought of winning the lottos. now i do it with cryptos. who is help, who id say f-off to. lol
it’s hard to understand why folks speak in absolutes when it comes to investing… truth is no one can say with 100% certainty what is going to happen with shib... can’t speak for the entire shibarmy but the general consensus hasn’t been that we will be at 1 dollar anytime soon… if it happens great we all winning together if we knock off a couple 0s we will celebrate that too but i don’t think we should be hating on other folks that dream big… i agree with the second part of your statement though, hold and be happy with the gains we make along the way…
it’s amazing how many people don’t know that. also if you swipe to either side it will delete a digit on the calculator instead of having to erase all the numbers
😅😂😂😂 that is me
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that’s the only thing that scares me. so… move to el salvador and concert all to btc?
i'll be honest, if by some miracle it hits .01 i'll paperhands real fast. if it dips again i'll probably buy back in, but i would not risk the money when i could be buying myself a house.
holding strong til .17 hoping for 5mil after taxes.
0.1 and i’m a billionaire i don’t want that attention
then the 0.5 ppl gonna ask this same thing to 0.1 then, .5 so, dont b emotional, just enjoy your profits... others know how to make their money
in that logic, what about the 0.00001 people who would have been holding for years? are they not allowed to take their profits?
y should he???? every1 has own targets and every1 should knw their profit exits on crypto... no one will work for u, you have to
someone has to hold the bags when the smart money runs for the exits. gme apes knew to get out at .69, sure it went higher, then it crashed and burned. i jumped out in the neck of time and got myself a new car cash. 1 billion shib holders will get out before the 1 million and so on. we all know that the exchanges will go down, the swap apps would not work, when it is time to sell. good luck dumping them on exchanges. they have the casino rigged , and will only get a small slap on the wrist, like robbinghood did recently.
lol, it will never get there xd im shocked you guys have echo chamber where you really believe it is possible. check shib supply, please analyse what it means.
cow poops out hay
fuck lambos i'm getting a minnesota.
my thinking is to pop it on a wallet, then send only what the exchange allows you to withdraw daily x 3 or something. so if they allow you to withdraw , transfer , and withdraw . and keep doing this until you take what you want. if you're worried about it going down in the meantime, convert to a stable coin to keep the balance there while you do this? personally, i'd do this, and take out only what i need, as it does not do any good if you're just taking it out to sit in the bank. the ideal way might be to stake it and take out only what you need every 6 months or whatever. i do not know...i have never staked, but plan to. at least you keep earning. but if you are not doing this and you have alot, keep it on a wallet, outside of an exchange. if you're worried about forgetting your wallet password etc, just log into it every month to make sure it is all good. and make up a song with your seed phrase in order, so you do not forget it! kind of like 'we did not start the fire' with all words mashed up!
i would make spread it out. "diversify". all shibs but different brokers or wallet
yeah i figure so, but i think the exchanges do allow that kind of transaction, but not by regular means, you need to contact the team of the exchange to make the bussiness directly instead of doing it through the site, i remember when tesla bought that shitton of bitcoin was when i learnt that this is how stupidly huge crypto transactions are handled, i do suppose they take a bigger comission because of course they would.
shit i was doing it wrong! hoooraaaahhhh!
i do the same sometimes with btc price lol
don’t be huh. here’s a sad.
you’re a wizard _dreadz.
haha, exactly. me and my shib buddy joked about moving to el-salvador too (i live in sweden, he lives in canada), but we both have "socialist" government and they are both now investigating crypto investors heavily, trying to actively find more money to support their socialist regime. but yeah, the problem is actually real, and a scary one at that. here we do not tax crypto the same way we tax stock investments. here crypto transactions must be carefully accounted for, meaning - every transaction you make, lets say you switch from bnb to shib and back again, and lets say you earned 50 bucks on that move, no matter how small - every transaction must be carefully logged, and most exchanges do not even provide you with an excel sheet with these logs. imagine you daytrade 100 times, and imagine you did that for a year, even if you only learned from the experience, and say - earned 1000, or even took a bigger loss... ...if you cannot account for it, you will be taxed an "approximate" earnings guesstimate that the already clueless gov. tax services "find correct" in their world, so you risk ending up with a bill for millions of dollars, of money that you never had to begin with. this is also why the early stages of crypto (which we are in) are so dangerous right now. and one dane (the one i mentioned as an example) was made an example out of by the gov, and he is now completely in debt and cannot account for his losses, thanks gov.)
i am willing to risk about % of what i paid, for what it’s worth the creator really made shib a awesome concept over inflation to keep tons of coins in circulation and as more coins get burned or leave the market the value will go up. so 5-7 years from now it could be crazy returns for that reason i’m gonna make a goal of reaching a billion shib risked ’m doing another + coins
what about bury it in shibaswap and receive bone and 0.03 of all eth transactions on the platform. that would be a huge passive income and you could mortgage the house and have extra income aside. 🔥💎👊🏼 this is my question, how much would be that eth return annually to buriers? anybody has some idea ? i mean, if i get 5000 usd every month (there’s a possibility to increase overs their years ), that would be cool ! 😎
yeah i want my mil to move out, i’ll buy her a house.
half a cent at best... thats some way away.
i honestly may do the same. what i would do is as follows. buy a house for ,000 with at least a 2-3 door garage with enough living space i could alter to my liking. before taxes i’ll have like 17.5m after tax probably about the same or more however i’m planning to get more coins should it drop to less than half what i paid. note i would not be paying the house in full, i’ll mortgage it because if by than i’m on state active duty orders full time i could collect bah which would pay for said house i wouldn’t have to work but that keep me afloat. other thing i would buy is a new jaguar f type with a v8 engine with all the other bells and whistles however again not paying in full plus my loan would be about 4% apr cuz military. i would drop hefty amounts into big corporations such as apple, amd, intel, microsoft, maybe a semiconductor plant or two, than invest smaller amounts into other stocks. by reinvesting my earnings i could negate a lot of taxes effectively allowing my self to live off dividends from stock while working toward a retirement basically i’ll be set for life and beyond. my dividends would be my taxable income and those dividends will pay off the car and my bah if i get said sad orders would pay my house off over the length of time i need for retirement.
you’re telling me you have 80k in this?? jeez you’ve got some money to throw around. i thought i was flexing with 2.5 b
the coin is still pretty new. less than a year old
wait so we're not getting hookers and cocaine?
screw minnesota and lambos, i’m getting a ufo. “when ufo?!”
for me, if it hits , this is my game plan: 1) create either a trust fund or a 50c3 corp with the money. 2) hire a big city legal team, that has experience setting up said trust fund, to find all the loopholes and what not. 3) have the money diversified in to 4 main catagories a.physical gold, b. land and property, also have all your land cars and what not set up as property of the trust fund. c. physical cash, d. shiba . 4) have the fund set up with bi-laws that only allow the money from the fund to be taken or used which is from the yearly interest. this can be used to pay out things like daily needs. 5) use about , cars, student loans and stuff to get completely out of debt. the only time the core money can be used is for buying a big property or something, but has to accrue interest and have a practical value of some kind like property that will eventually be worth money making an apartment complex or luxury house estate to sell. by keeping all expenses with in the yearly interest off the top, you never lose the money you have invested- any money left over goes in to the main pot to accrue more money annually. step 6) hire a great financial planner and cpa to help teach good spending habits. and have the legal team scrub your identity’s from the internet and public forums like phone and addresses. 7) set up a second 50c3 corp as a tax write off with a few million, with similar bi-laws that the only money that can be used is the yearly interest from the core assets. that money can then be used to help people. this way if people come asking for handouts, you send them to the 50c3 charity corp. i would also have a financial planner who would also coach or aid the person needing help. for an initial frivolous purchase i would want to buy a ranch with at least 100 achers. here is why i suggested trust fund or 50c3 corp. when it comes to protection from people trying to screw you over, they would first have to break through the 50c3 corp “desolve” it. this would cost the person sueing you tons of money in court fees. if they try to sue you directly, all your property is owned by said trust or 50c3. so they would get nothing. having physical gold silver and platinum bullion ensures that if there is an economic crash, you have reserves to pay the taxes on the property you own. plus there would also be the stock pile of cash to sit on along with the value of the property. you would also have the aid of financial estate planners as well to help you navigate the turns as well. watching people who win the big lottos and how a lot of them have died afterwards, is usually due to lack of planning and lack of ability and o manage money.
yeah good advice, as you can see what happened last week about iron titanium coin, everyone wanted to withdraw same time than what happened crashed the coin.
this is a solid plan.
here’s a good thread on this topic with a few links and some suggestions, worth the read:
an exit strategy is a means of leaving one's current situation, either after a predetermined objective has been achieved, or as a strategy to mitigate failure. an organisation or individual without an exit strategy may be in a quagmire. more details here: < *this comment was left automatically (by a bot). if something's wrong, please, report it in [my subreddit]( *really hope this was useful and relevant :d* *if i do not get this right, do not get mad at me, i'm still learning!*
i’m laughing so hard right now, cause i experienced the same until my husband told me to flip my phone.
hahaha it’s awesome when you flip it :)
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dear gawd. fuck all that. sorry mate.
how does that work? that sounds amazing and i know nothing
how many coins you got? i like your plan.
you calculate so much, yet it seems you never checked shib supply to see current price is already "moonshot". to get shib to 0.001 you would need more money than there is in all coins together xd this sub really cant do supply? shib is a scam, aimed to hype price as long as possible, from ppl that are new to investing.
the likelihood of you making 17 million dollars with shiba inu is as likely as you winning the lottery. most people will be ghost by .001, especially the devs.
they did not say when they bought. day 1 soldiers are well into massive profits already.
cows poop out hay
they have both in minnsoda
those go to the private island
i agree with almost everything. the metals and land i’m not sure about - they aren’t quite as ironclad as we might think - but spreading out is definitely important. you could go the burry route and buy aquifer rights too, cause no matter what happens, people need water. and food requires water. might want to rethink the interest-only payments from the irrevocable trust. the principle would not grow. you can always set it in a money market account with an annuity from the trust. that way you get paid a “salary” with a annual increase to account for inflation, and the principle can take advantage of compounded growth. you can also put money back into it that you don’t spend. also, buy a jet. they are tax deductible through the corp, and it buys you time and convenience. they also depreciate slowly, or even appreciate in value for in-demand models. and in shtf situations, you can get anywhere you need to.
thats amazingly detailed. i love it and screenshotted the fuck outta it. thanks!
i use to call it the billionaire mode 😎👀
sitting on 100m coins
that art thy wayith
ya the reason i was thinking physical bullion is as an insurance policy. so in case the market crashes, or we have a solar flare event that wiped out the electrical grid and sends us back to the stone age, there is still accumulated wealth on hand.
very interesting insights into the matter. i will do some more research. thanks for the info on that.
i definitely like the idea about cutting yourself a monthly paycheck i think that is even better than my idea of skimming the interest off the top. that way you can give yourself day . that should be way more than enough to live comfortably especially after home, cars and student loans are paid off.
lol sure thing. i have spent a lot of time thinking about a game plan for if i ever won the lotto. the same principles can be applied here too. a lot of people who “win it big” usually either end up broke worst than before the won, or dead from drug overdose or killed by a spouse or loved on. this way, you safe guard yourself by setting self imposed limits to your finances. one could say, “with great money, comes instantaneous karma”
that’s a good thought. one thing to consider that there is a difference between market crash - that would still be expected to recover in 4-5 years based on history - and global thisasters where there would be great need for essentials to survive. in the second scenario, traditional currencies, even rare metals. that’s where water, non-perishable foods, medicine, guns and ammo, survival gear, alcohol, and cigarettes become the currency.
my dad always said, if someone can’t be responsible with ,000 they won’t be responsible with ,000,000.
right exactly. something i was also think is out is buying up a ton of farm land and renting it out to cannabis growing companies. that way it creates a revenue as well.
right exactly. part of the problem is that no one has had the experience managing large amounts of money like that let alone have had developed skill sets required to build that kind of wealth. so when people instantly win that much, karma becomes instantaneous. if you have any vices they can blowup very quickly, unless you develop the self restraint required to manage that amount of money. that’s why planning and budgeting and having a game plan in waiting will help to overcome the pitfalls
when i was divorced about ten years ago, i was . i worked my main job and a side job. paid off all the debt and saved for a house. i’ve become very good at managing my money and these days winning “a million” won’t even last you a lifetime anymore, unless you’re super smart with it. my goal with stock was to make some $$, then invest it in cryptos. which i’ve now done. when my cryptos blow up, i’m not cashing it all out. but since crypto is the future, i feel, i will use it to retire early and live a good life for myself and son, and parents.
just bought another 1.2 million shib, it is not much but it is honest work
imagine being mad that you have to adjust to a changing landscape.
how in the fuck did it take him 16 years to get an mba? an mba is like college + 1 year, unless the dramatic twat is counting primary school. in that case, 20 years of school, a music degree, and i still bought shiba
people mad mad. 🤣🤣🤣
someone inform him that it’s not too late to join. we’ll even save him a seat.
i do not think he is mad, i think he is just exclaiming incredulation with a wry smile like "why did i bother?"
when will people learn and stop calling them shit coins…i guess that’s called learning the hard way 🤷🏼‍♂️🤣 costly mistake!
well human will and cooperation and psychology is hard to understand even for the ones who study economy. my husband studied both psych and econ and he wouldnt invest in shiba inu. but he will still enjoy his new tesla since i put money in shiba in june. the hype is nowhere near doge still. still 10-20x to go atleast if we reference doge. but doge is also a meme. if there is even more utility and a common goal, could go to 1 cent and higher longer term. just hold if you arent a whale. being a part of a pack is the safest and strongest feeling in the world. love shiba army. ill die for you guys!
they underestimated our power
i think what people fail to understand is that, the theme is a "dog" sure, but that is only in theme. ryoshi implemented it to be serious, and shytoshi + his team are working on it almost daily to actually provided use cases that they and the community want to happen as well as expand it. i do not see many crypto coins having such a large following with a actively outwardly dedicated team that develops things just for its community. entertainment is a medium. it may fall under meme coin but it is not a meme coin, its using the meme aesthetic to gain value. a business degree is not going to be much help in understand people like to be entertained and feel part of something that is bigger than them. how many other coins can say that they took part in giving 6 billion dollars to india during their covid pandemic run? and that is just where it started. the devs clearly love what they are doing and providing. if dogecoin is the "trending meme" , then in my opinion shiba inu is the platform for the meme's to come and go. much like [9gag.com]( it started small but gained momentum into having its own identity above where it came from - even the devs for dogecoin have no real interest in continuing it, but the devs for shiba are trying to make it better all the time.
welcome to 2021 douglas, where crippling debt and capitalistic poverty makes us want to invest in dog themed crypto. holding at 3,000,000, let us go shibarmy!
looks like dougie is a little salty he didn’t spend that 120k on shib
that's because college universities have turned into america's greatest scam. thanks for letting us know you got suckered for
money well spent, douglas.
yeah who would of thought that stock markets are so rigged that a digital coin currency can out perform all other currency it is based off...why and how...
where can i buy that is reliable. only used robin hood so far
should have seen it coming in 2009, once it became clear that the stock market was but an act of theater to justify the bourgeoisie's wealth
yea dude? why else are we here?
go for it... i bought 98usd worth today.
dodge tried to make a run for it last night. seems elon tried to spike a little. but yeah... didnt work.
i thought his last name was bonerpath when i read it.
this is because in the 4th industrial revolution we are transitioning into is bringing individual freedom like never before seen in modern time. we run our own money and by doing this we will have control of all that was lost due to corruption and fiat currency.
you forgot: \* with the money going to people who are not entitled, rich snobs telling others how to live their lives and just hoping for some table scraps to make their lives not suck.
i have an mba and hold 1bill shib. i know an opportunity when i see one. lfg! 🚀🚀🚀
55mil just added :d woof woof
guys plz send me ten dollars
you are not alone, bro
what can i say? :-) 100% true!
haha, screw your 16 years of education
what a smart dumbass. kiss my shiba ass !
fuck ya buy!!! really people this is less then a penny. double or 5x +++++ your investment is a good thing. a bank sure as fuck is not going to give you this. how’s your ira do? nope not going to match it either.
there's nothing stopping him from investing. that education was not worth much if all he can do is cry like a baby and watch investment opportunity after investment opportunity pass him by as he just sits their and bitches and calls it all a scam. sour grapes much?
🚀🚀 let's go! 🚀🚀
i hope to have shiba pay off my student loans for my mba💎🤲
! let’s fackin gooooo 💎🙌🏼🚀🚀🚀🚀🚀🚀
he is not mad... he is very much a part of the shibarmy. tweeted in celebration last week
mama did not raise a weak handed bitch i'm hodling if i had more money i'd buy more. i need some stocks to go up to flip more shib
let’s all unite buy 50
fellow retard today we retard hard and make others retarded to
yep i bought up another . i am also mining shiba in my living room gaming computer.
it be like that fam
with my shib earnings i’m going back to school and finish my grade 10
maybe it’s the fact that it took him 16 years to get an mba…wtf
this guy could not not mention his fucking degrees if you paid him...
buy the dip, we benefit from the panic selling
i just transferred my like . let's hope it goes!
the time of the wall street boomers is coming to an end. good fucking riddance
it is what it is man
these people forgot to do a phd in street!!!!!!!!!!!!!
the joy of crypto :) , you don’t need 16 years of education and a 120k:)
crypto is the future currency. it's not that shocking...
hahaha! funny how the richest people on the planet are usually college dropouts.
look at the big brain on brad!!!!! ha ha ha
super new to all of this but got in on shib in late august and have a total of 15 million shares. do you think that is good amount of shares or should i purchase more?
no college education and this ape has 11.2 million liquid
how about you old wall street old me get with the program and buy some crypto? oh that’s right you won’t buy it because you can’t manipulate it like you do the stock market. who gives a shot about your mba
same here, i just bought more!
things dont need to make sense to be true
that’s because these financial “experts” and nay sayers don’t know shit what they are talking about and don’t understand a movement when they see one.
it's the darnest thing am not it? people who also studied that long, also wasted tons of money on a degree when all they learned was through hard work to see now that they are making money in their sleep. talk is cheap.
the world had changed 😂
that mba would've cost him about 5k in europe. 🤫
cause fuck your system…...
should have put that 120000 in shib you retard. pay all that money just to guess a market that cannot be guessed!!!! lol... makes no sense at all
people love dogs 🤷🏽‍♀️
you know who it sucks to be? that guy. and all of us if it crashes...
everyone throw you money right here! now no one touch it untill it’s 10 foot tall …not 9 not 8….exactly 10… that’s what so many did…and you let the rich come and just pick some up…oh snap look we can put more money down now! smh
shibu airdrop is active now, dont miss it out, heres link >>
hell yea i bought !
that is going to be a whole lot of shiba in the coming weeks and months.
buy and hodl! 💎🙌🏼🚀🚀🚀🚀🚀
bought another million myself, i only have 2.3 million but if shiba matches doge i will be sufficiently financially free
with a major in business, at that.
in america 12th grade is our senior year and then 4 years of college for a bs easy math bruh
i think he’s counting public school?
i think he means he went back to school later in life and it is been that long since he started his finance career in total.
we going to the moon apes ! 🚀🚀🚀🚀🚀
college just teaches people how to be employees which is rarely something people get rich from. a lot of people getting mad they were lied to about things.
its because people cant comprehend what value is and value is freedom.
that's why they are on the sidelines and we're not
that's why shitcoins are profitable, they are dramatically undervalued by traditional finance.
oh we beat doge and we are on to the next one
i'm glad you our enjoying your success congratulations this community is something i have never seen before.
you'll have to change your name from unlucky at that point.
to the moon we go
> i put money in shiba in june. the hype is nowhere near doge still. still 10-20x to go atleast if we reference doge. bu shiba is more than a meme, it competes with de fi tokens too. your hubby is a lucky dude.
>a business degree is not going to be much help in understand people like to be entertained and feel very eloquent explanation!
i use binance & bitvavo
coinbase. here's a promotional link so we can both get : coinbase.com
gonna be a thousand dollars by no time.
i think elon was lying when he said he did not have any shiba inu.
and this is why the government wants to get involved. can’t have too many average joe’s having upward mobility in our wage slave system.
it will be a thousand dollars by christmas i bet.
i get to put another 75!!! let’s gooooooo!💎💎🚀
i think we are all going to have an amazing x-mass
also...please get a colonoscopy if you are over 50...it could save your life as colon cancer is very treatable at early stages
in for the long haul burns i see. 25 cents would be a dream
my point was he’s talking like he’s got a lot of education and what he’s saying is “i went to college and then to the university of phoenix for a mba, the world is confusing”
n e r d h e r d s
just get it. hope its safe.
beep boop, eff off bot
many are lying . whales always jump on profit maning opportunities.
4 weeks ago, the amount of shiba i held was around . it’s now ,000 worth. let’s see any stock do that in 3 weeks!
yes being a member of the carries alot of responsibility great power comes great responsibility
i remember buying doge at .002 and ended up selling at .1 then being extra salty when it went over .3 i got in early for shiba and i have a feeling that as more people buy hear about "the next dogecoin" masses will buy in
man universities are whores. they’ll take anyone’s money and give them an mba.
coinbase is one of the most popular and well known crypto apps. you’ll be fine
and it\`s possible that it will be worth ,000 or more by eoy.
bro that is gonna be 50 grand within 6 months on the liberal end, and 1 year on the conservative end.
passing doge market cap yesterday imo means we’re here long term. it’s going to be an interesting few months. i can see eating a zero soon. but for that next zero the supply. but the devs also need to deliver the rest of the projects and probably faster than expected to maintain hype.
pishaw i had like 60k doge at one point before it spiked, i remember saying to myself "aww this coin has no backing structure or purpose" so i sold it all out. then saw it sky rocket. got back in at like .32 and got out after it started falling from the ath. made a few hundred, it is ok whatever. i missed out on gme (fml) don't even like to think about that one. i had like only 13-14 share but had bought in at , read somewhere that the company was on brink of bankruptcy and sold out... then saw that spike. bought a share made another couple hundred. now shiba comes along. i'm holding 70mil of these puppies. not selling this till that big spike hit and then only taking enough profits for pay some shit off.
lot of people with mbas are whores as well, i work around a ton of them
god i hope so. i long for they day i can retire and enjoy life o.o
what makes you think this will happen? curious
if wsb bets is an indicator options are a way to go from well off to under a bridge trading sex for food while your wife's boyfriend lives in your old house.
tell the good looking ones i said "wassap."
if you want to retire aim for millions not a few hundred thousand in this economy you will need a lot depending on your age
after losing a 0 so quickly it sounds logical that it could do another x10 in two months.
we call it working behind wendy’s.
i tried to sell mine but i could not push the button because my hands are made of pure fucking diamonds
more holders today than yesterday. discount! lock it up for interest and go on with life.
i keep buying while the price is dying!
gonna have ...gonna full send it
i’m just waiting for my funds to clear in my bank account so i can add more
ppl were already stressing out after the coin crashed after the last ath in march and then we stabilized for a few months then boom we went even higher. if you’re still in doubt, zoom out the graph, were still up 600% since a month ago!
i have diamond hands. i touch my dick and it became diamond dick. im so proud.
i love this, if you do not have a big old set of diamond balls you would not make it in crypto
35 mil tokens locked in shibaswap since it went live. not selling, not moving. let it do it’s thing. dips, crashes don’t matter when you have a bigger picture and a bigger plan. just my opinion.
i am down . get used to it!
i’m still up a 3 series bmw. still down from a 5 series but we are still in bmw land. quit your bitching and hold.
give it a week and i wouldn't be surprised if were back in the 7s
i have gambled so much that now at the age of 21 i don’t feel bad at all being down big time, i’m surprised to be honest since it’s the first time i went all in on a crypto, but guess what? when 00:00 hits, i’ll be adding to my shiba stash, do your research boys, it’ll help.
i must of misunderstood. i thought this was just a flash sale?
remember boys and girls, you only lose if you sell.
yeah if you're this stressed you should not be fucking with this. i have complete belief in this and my 32 million coins. holding and adding more whenever i can.
if i pull my original investment i’m still up multiple times over. i bought as a gamble and don’t plan on selling.
75 % of the hodlers are not real hodlers! they bail whenever the price drops. f*** them. this is to the real hodlers.
thank you for the reality check ck down a maserati gran turismo
i'd rather be a millionaire than a thousandaire for a few months
i went from putting in .00 bucks that got me 140mill shiba. i was up to ’m ok with that especially now that i’m at 6k! stop being paper hands and hold!!!
i'm having a lot of fun tbqh!
it's just unrealized loss at this point. hodl.
well said. don’t pawn shit to invest, unless it’s your ex wife’s stuff. don’t borrow from your 401k or savings account. if you have money to invest without having to drastically change your life style, then do it. investments in anything from stocks, crypto, your wife, job is always a chance it won’t work out.
fortune favours the brave.
fomo works both ways. those that fomo'd in are about to double down and miss out on the steady rise to come over the next few months, licking their wounds and second guessing all of their decisions you know how you become a genius trader? you recognize red as an opportunity. you recognize fud for what it is -- just noise. if you believe in the project and the fundamentals are the same, why sell? because you're "losing out" on other potential rockets? this is a fuel station. buckle the fuck up and have some fun
i'm down , but if i did not sell at the ath then why would i sell now? hodl
for those who are about to die we salute you!
i'm only in for 100.
locked staking . can’t sell even if you want to . double diamond hands 💎 🙌
i wasn’t even paying attention to the charts ‘cause ive been making love to my girl all day, its only when she reached down to play with my balls and felt that they were absolutely solid that i looked down and saw a sparkle, my girl let out a gasp as we both realised that my scrotum was made out of pure diamond! i immediately thismounted her and bought the f**king dip!!!!
lmfao im loving every minute of this dip, people so salty not knowing i invest 4k into the last ath and "lost" like 90% of my initial investment until now ip up like 16k
lose it all or nothing. luckily my other investments are doing well.
when shib explode again so many people are about to be salty. do whatever you want but do not come up in here complaining on how you miss the boom or asking if it is too late to buy.
people need to put away and gain apy 3 month on crypto.com or shibaswap for 6 months. don't look at it. it goes way down then way up. but shiba is going to have shibirum soon and that will change gas fees as we know it. no more 40 to 300. eth fees are bullshit. it will cost less than 1. mark my words after the burn and shibarium come out this will hit .01 fast. just gonna take years not months.
fuck it, let it ride.
i might not of lost back a bmw but i did lost back of brand new honda civic 😂 still holding
still up from my initial investment 🤷
ever time i open coinbase i crack up and i love it. hold
i was going to sell and then i realized only paper handed bitches sell. (editor’s note: he was never going to sell)
just bought another bite out of the dip. 💎 let the paper hands do what they know. the rest of us are digging our heels in!
buying crypto is like buying ammunition. it's expensive, you have fun when you're waisting it, but it can save your life!
the problem is the whales... i mean is it true that a whale has taken out 2,3 billion dollars worth of shiba out of his wallet... ready to sell? and analists say that if that happens shib can go down to 0. look i wont sell, i put in 50 euro's when it was very low, and still now am up to 600 euro's... so not complaining... and will hold at least untill 1 dollar... even if it doesnt happen... i will have had a thrilling ride, for something i do believe in. lets go shiba.
tap out buying the dip of the dip. waiting for next pay day. stressed? heck no. buying more? heck yes. hodling until shib moons?
all it takes is a couple of good days and boom 💥 right back in plus some!
we’ll then, i guess the silver lining to this price correction, is there’s one less bmw driver on the road
'be fearful when others are greedy, and be greedy when others are fearful. ' greed and fear – the two emotions that are the bane of every investor. warren buffett.
not even a little worried. buying more today. shib is the sober coin. i buy it instead of alcohol. no matter how much it drops, it will still be worth more than an empty wine bottle and a hangover. and a year sober is a huge win all by itself. drink water. buy shib. live well! 💎💎💎💎💎
i keep buying dip , and keep getting blessed with more to buy cheaper. glad to have the paper hands being shaken out.
diamond hands i’m holding diamond balls
general maximus decimus meridius has arrived. now now down before him!
you said it best in your first few sentences. people need to develop a realistic exit strategy, diamond handing is great, holding is phenomenal but if you’re gonna stress over it then just like any other investment you need entry and exit strategies and if you have none then you are doomed to buy high and sell low like so many do.
just think of all the currency being burned by paper hands inadvertently right now
at this point: i’ll be happy if we don’t add another 0. that’s all i have to say about this. lol
absolutely, most folks have already made tremendous gains and if you do need to cash some or all out for other reasons, at least do it while the coin is worth more than you paid for it. jump back in when you’re ready and have a set strategy on holding and price goals.
my friends, i am down a well equipped daewoo lanos with low mileage and one owner. i had to cancel my phalloplasty and am now drinking wylers instead of kool aid. still i hold and hold i shall continue to do!
i invested 1k a bit ago and i'm chill. i went through the whole dogecoin panic, and made way less than i could have because i had some idea that the fundamentals of investing strategy did not apply. fact of the matter is this: invest only what you're willing to -lose-, and invest for the long term. people spend their entire lives working shit jobs but are unable to do anything fun with their lives till they have got that saving backed up. the one downside to these coins is the people that hold them, not the coin itself.
i threw enough money at this today during this dip to average down and reach my goal of 100m shib. i’m super done with throwing money at it, the seeds have been planted, and now i just wait for this to grow.
i am down more than 100k but i am not stressing over it or going crazy, i know it will come back up. for all the new guys and gals, we were sitting at a long time between 0.000006 and 0.000008 and people were going crazy then. if you got in at ath, be patient, you will only lose if you sell. hodl
tasty dip! i just look at it like a fire sale. i'm lowering my cost average and i do not invest much to begin with anyway. i'm still up from the last bull run. theres gonna be another one. there always is. especially if people keep burning shib.
i keep on buying and staking them at the same time just to avoid any selling temptation
lets see comparing to cars. i am down a lot. oh well.
bought the dip, will keep chucking 20s til i’m a thousandaire, slow and steady bbs
op, you watch jay williams let us live life??? lol
this aint nothing. whale strategy to shake paperhands
i need the price to drop another zero so i can get my billion coins.
i lost 20k so far. however i did buy months ago and i’m in this for the long run.
most crypto are down right now. this shall pass.
this too shall pass.
i’m not able to sell... just can’t do it… diamonds don’t have fingers! hodl bizniches!
i just see it as a good value for a time to buy
i’m not supposed too, but i just keep buying the dip. people, this will rip. buckle yourselves in.
i cannot stop buying more, it is like a thisease
lmao i've been in shib so long its hilarious people panic sell when it dips this just better time to buy right now.
tf am i gonna do, cash out 4k and lose half to taxes and fees so i can order door dash for a few more weeks and still be broke? nah, homie that shit is staying in my wallet forever. y'all can sell, we will welcome you back when you fomo into the ath again. im fucking holding. the money i invested was dead money to me anyways.
doubled my position this morning!! ' lets go!
not to mention all these whales who bought in excess of 800 million usd worth of shib more than a week ago. 40% down now, means 350 million dollars in the red for just one of those wallets. imagine how they would be feeling. hahah if you cannot handle the volatility and heat of crypto then get out of the kitchen! go buy some index funds and wait 20 years for a compound 9%apy. so sick of all these paper handed whingers.
i sold my initial investment when it was at .72. now i am just riding the wave lol
i bought the dip. even converted some of my other coins to shib.
this ain’t my first rodeo. i’m all in! now just sit back and enjoy the ride.
i’m still way up from this dip and i have no interest at all in selling. i’m fucking hodling! 💎🙌🏼
root out the paper hand pussys
hodl is the only way
i’m down over 1k from a 15 dollar investment. no worries over here 👈
holy shit i can speak!! how y’all doin’?
i bought 'm going to buy. not buying more than i can afford to lose.
just waiting on my next paycheck to buy more. diamond hands, diamond balls, diamond dick. to the fucking moon!
some time it go up! some time it go down! enjoy the ride. you'll be fine.
every crypto go up and down dramatically. you have to look at the 6 month+ graphs or you’ll drive yourself insane. i would bet everything that 5 years or less from now people will be bitching because they are buying in at $.01 when they could have bought in at $.0000001 like i did. sit back, smoke a bowl, and enjoy the ride!
this is just a shake off the paper hands correction
your a good person for taking the time to write this! 🚀 crypto is a wild ride
shiba is already back up...everyone needs to shut up...haha...
when you buy in at 0.000004 you always win.
i heard there’s only 349t tokens in circulation
i had 100k in shib and like 60k in others liquidated over that little dip this morning. i was at 50% margin chilling last night and i woke up with 0😩 fuck me…. ye i know stop loss. i had one on. didn’t trigger. support ain’t gonna do shit. so i sold some of my stocks and bought another billion shib 🤷‍♂️
maybe we are all idiot
i was so angry! i went to work but left my phone at home. i checked and saw that shib was down to 44. it was like someone had punched me in the gut. i was down ! i did not have my phone and could not make a purchase. please be ready to buy the dips. dont miss out like i did.
everyone i know is freaking out bc of the dip. i can’t stress it enough to them to get used to it. my friend invested 5k at the ath and his exit is once he loses 1k then he’ll sale. lmaooo buy high sale low. makes me feel bad tho bc i’ve been talking him to get into crypto for yrs
if you have ever hung upside down until your head is full of blood and you are dizzy and cannot breathe? then when you get back upright and all your guts get back in place, your head clears and you can breathe again, you now know the feeling of owning shib. keep hangin apes!
i'm over there buying all the quitters coins in the clearance isle trim off the weak
be patient young grasshopper, this coin will reach new ath again! be patient!
hello i'm from 2022 biden crapped his pants on live tv, everyone is vaccinated, and shib just hit .015 what's all this hubba
so we trading in bmws now? 🤣🤦‍♂️🤪
more posts like this
i am not fucking selling
no i’m not entertained.
just another day in the park buy more while it’s cheap 😂
yes i am. choas in these streets.
buy the dip. nice thiscount.
indeed i’m not entertained, but i’m amused by all the little bitch drama 🎭
i bought the dip! 🤙
copium at ath but i get it
i'm here for a long run and believe that we can erase more zeroes. dear soldiers, do not panic and hold! drink some beer meanwhile and relax 🍺😁
woof woof stay strong dont sell
am not scared at all, black friday deals are happening. ❤️🥂
i’ll be buying whatever clown sells their bag! thanks for the thiscounted price!
down 25k i’m still holding and buying more.
it’s the ‘long game’ people … buy the dips and ride the highs!
i need a new phone screen... damn these diamond hands!!
just bought 5 million more shib
i was taught to buy these dips. because there is no sell button.
i'm just getting started, cheaper shib are good shib
thought about putting a stop loss to capture some gains. then poked myself in eyes with my diamond hands so i couldn’t see the sell button
was going to sell but heard that they were going to use shiba in facebook meta verse and stopped
i panicked and bought 100 bucks more. am i doing this right?
i kept buying the dip so :) not stress here.
i thought about selling, but then i remembered that eth fees are high af and now i’m buying so i have more reasons to keep holding
im down 2 lambos over night, but been here forever i have seen this in may and all i can say is the next ath will be waaaay better
i locked my shib in [crypto.com]( and im not mentally fucked by how down we are. im prepared for this. buy the dip :d
i try to sell as well, but my hands and soul just keep buying more because my parents didn’t raise a paper handed fool…
definately not selling. opportunity to continue to add more coins!!! 😊👍
and remenber moon december is a real thing
my wife wanted to jump bc she didn’t want to lose her gains told her to chill. and let’s ride this funk to a new high
i just bought another 200
if it drops a bit more im going to double my bag:)
same boat as you bro thé dip is exciting me, i thought i was relatively normal mentally but guess not 😂😂
this was for fun from the beginning, i was expecting a bit of a rollercoaster but the loops and corkscrews are a welcome surprise. just a beginner here but shiba learned me a lot about the market. the people in this sub are also quite the entertainers.
i just loaded some more bags and have another order set if it goes lower! the recovery is going to be epic! 😎
this is the correction. there will always be sort term sellers with any asset class and those who ride the lighting. once the short sellers sell and the paper hands sell at a loss and join them, it leaves us those who believe in the coins success. the next bull run will take us higher.
keep in mind, you only lose if you sell.
this is going to be a wild ride.
“im gonna hit the brakes and he’ll fly right by”
diamon hands get diamond bands
now's the time to buy yo, not much but just grabbed another 3 million shiba.
hey you! yes, you with the very high heart rate and anxiety riddled body. listen to me for a second. i bought 6.5mil shib 3 days ago, i have 6.5mil shib today. i will have 6.5mil 10 years from now. you know why? i looked at bnb coin today and i remember vividly buying it for .48 a coin. here we are . you know what this tells me? crypto is a small child, turning 3 or 4 right now and the game has just begun. think of what it will cost to mine bitcoin in 5 , 10, 15 years. my oh my. not shib, i'm talking bitcoin. this shib coin is a big what if and maybe. that's how you have to approach these alt coins, put the real money into the juggernauts and take these small bets on shib,doge, (enter non-scam (i'm looking at you squid) shit coin here) and see if you get one along the way to retirement. if you understand you will only sell when shib hits zero. which is never.
not angry at all. i bought in on the ground floor. i'm still in the green
cantt sell... diamond hands won't work on touchscreen... hodl
that's what i'm telling everyone. i am laughing my ass off every day with that crypto :d
i agree. if you need the money now, do not invest. sit on your investment and go about your normal day and forget it. less stress then
this way the is
just bought a few million more. 💎💎
now for the great buy back!
bought 257 million shib at 0.000068, please tell me this is not a mistake
i kinda hope it lasts until my next pay check so i can add more!
just opened another account so i can lose money on 2 platforms!
look, holding crypto is perfect for us that are afraid of the stock market, in the worst case scenario you lose all the money, but you never go into negative numbers, which is super scary to me... so im patient, a couple of decades and might have enought to retire early.
hahahaha, moving up again - why all the fuss
every time i hear how much someone is down i can’t help but think i shoulda bought so much earlier… ugh!! better late than never i guess lol
just doubled down. way to enticing a dip. couldn't help myself. ahhhhh let it dip i got time to wait for the rip. from my cold dead hands!
hahahaha was at 1000 initial buy in, down to 68. ups down, but overall eventually it will go up
although all my crypto is down, i'm still up and i only had a relatively small initial investment
lol whales are playing with us
i sell at ah lol
just jumped by almost 500 points i love this i’ve been good thru out this wave
why would anyone want sell? that’s the opposite of keep buying.
bought 165m yesterday to hit 800m. holding although i’ve wiped off 15 odd k in profit in 24 hours. it’ll bounce back easy and more! wish i had more to top up to 1bn when we dropped to the 4s earlier!
i watched my account go from 20k to 12k and didn’t bat an eye been here before new ath coming 💎 never thought to sell lol
holding until i’m filthy rich... i don’t want or need chump change
listen up!!! words of wisdom...
holding strong love the nice thiscounts i'm 234 millions 🚀🚀🚀🚀
eat the dip my fellow shibas
enjoy the ride and only invest what you are willing to part with!
hodl shib army 🚀🚀🚀🚀
im in the long run, up and downs, bring it on
i've been getting crushed my whole life. crypto dips and crashes do not even make me flinch.
holding since may. i've seen this happen before
i see people running and im here trying to gather as much $$
i think it’s great. it’s holding at an acceptable level. i don’t want to sell and miss the inevitable next pump.
the most paperhands are gone! now we can build on a diamond army
bought more, not as much as i'd have liked (fees are a killer) but still enough of my spare change. knew the dip was coming and i figured it would bottom out around 46 or so, it went to 43? it's painful watching the red candles, but we're on a bounce back up and after getting in, in may, i'm used to it now.
shiba inu was born and molded out of the fire.
i’ve spent most of my tax bill money on shib, i’m old enough to know better but it does make things more exciting!
>i feel for your but haha
life changing money or a wooden spoon :d
this is crazy, all these paperhands dare i say coming on here thinking they are gonna be overnight millionaires even then they are too dumb to consider taxes’d need to move it then the fees the apps take 🤦🏽‍♂️ they join listening to bs news outlets and get scared when it’s not a constant 100% gains... i’m not mad at the corrections because i plan on holding for minimum a year and even then whenever i’m at a couple million profits(43 million tokens) i’m only gonna sell like 5-7million and keep the rest in for the shibaverse game because i believe the project. i personally get angered by the stupidity i see in some posts.
i love finding out that is went down trough this sub. fellow big balled holders, set up an alert for when it goes up by a lot, other than that, leave it be. out of sight, out of mind. you all got this coin because you did your research and believe on it.
average down. i bought more 🤷‍♂️
i’m down, but still in profit. for my mental health i should just check my portfolio once a week, instead of hourly. i feel confident that i’ll retire next july, maybe.
this is the way and i so t i ain’t complaining 😊😊😊
i looked at my shib when it was at an atl for me and said to myself..."i better buy some more"
hodl peeps. crypto likes to do this from time to time. buy the dips and hodl!
i don’t see what’s the fuss about we all knew this was coming an it wouldn’t last forever this is crypto an this is evidence of growth shiba is doing well an will continue to do well we jus need to stick together an ride the storms out
meh these dips do not bother me anymore been holding since last year... i think i gained immunity from these panic sellers. they are not going anywhere. these are weak shib armies. it's time for them to go!
when i bought shiba i planned to hold for 5 years. i’m up 10 fold on my initial investment. my only regret is not buying more.
i gotta be honest... i almost caved in... i almost bought another 100... as this is the way
it takes a long time to realize this is just how the market is. if this were two years ago i would definitely be a paper hand right now. but i think i have learned some expensive lessons.
u-p~v-o-t-e the shit outta this
if gme and amc has taught me anything its to hold until the moon is in view. lost about 10k from selling early. wont be doing that again
spoiled brats are impatient. it's the bulls that are in it for the lt that get rewarded hugely. shiba strong and fast.
it's gone from 7880-4660 in a week...at this rate i could sell and take the profits and buy back at my entry this weekend-tuesday 😂🤣😂
im down about 40k but not worried instead loading more…
i have been buying hard core! i am in shib big. love the ups and downs
agree, not for everyone one. i could have payed off half of the kids student loans but i am hodling. not in this for some short time lunch money. trust me am in bigger than i should be. confident in the shib future.
stocks and crypto are not for the weak, you need to be right psychologically. your mental is everything. ive lost alot of money in stocks but i never gave up because i learned the game everytime i lost and i know for a fact its not fair sometimes but when you learn you find ways to end up on top of your game. im holding shib, i didnt sell anything since its been dipping, dont plan on it either
i started buying shib last february. i'll either be rich or i'll be buying more when it drops to all zeroes. nothing is more fun than when i see huge gains on something that i paid next to nothing for.
hold hold hold ! this is shib on sale. multiple platform opportunities are coming !
i never sell. only hodl and buy dips. and nice gladiator reference.
bought at 4351. lfg
oh shit, we dippin'? time to get some more.
thing is, almost all crypto is down right now. the higher you get the harder you fall. bitcoin was worth half of what it is now a couple of months ago. shib was worth 0.000006 at one point this year since i bought in. you cannot compare shib to bitcoin but this is crypto and shit gets wild quick!
definitely entertained and will keep buying. will also keep spreading information where i see misinformation. good luck lads.
bought the dip!!! 🤪😜🚀🚀🚀
there are many todlr hodlrs. learning curves. they gonna lose money till they figure it out.
the people who are panic selling are most likely the ones who are just in it for a quick pump and dump. can’t stomach a dip so they just sell at a loss. at this point, i’m it it for the fucking show. and the mother fuckin show must go on!
just picked up another 2 million. this shit is too easy
etherium founder was on tv mentioned shib ;) lez go
just hold going back up long term.
first real movement since i threw some $. i didn’t think it would go as high as it did. one day it’s worth x, and then 2 weeks later it goes crazy. now, it’s halfway between the first pump and the mania from last week. listen to the op and ctfo.
been trading crypto for going on a year now, new folks have no idea how routine losing 60%+ of your equity is. the crazy part is that it will more often than not come back in two weeks time. just be patient and ride the rollercoaster you paid to be on. best of luck everyone!
i’m here for the long haul. only invest what you can lose… this is pennies to what could happen. not what a will happen. have some faith and hodl. scared money never made money.
now this post is golden! it's a patience game like op says. you need to calm your tits, zoom the graph out and chill. it's going to rise. it has to. or else why would the devs keep posting stuff on twitter to support us the holders? we're missing two important listings rh and kraken now. once that happens what do you think it will happen? sure maybe you made a few bucks but you could 've done so much more if you just waited. honestly i have never won so much money in my life by just sleeping... since march this year! yeah! i've been where it really hurts. betting on a raise just to see it crash and waiting and buying until now. now i am happy. even with this fall i am still winning. so just relax and wait! patience is key! believe in the coin, believe in this project. compaaanyyyy! hoooooold!
what is this sell buton you speak of ?? all i see is a buy button. who could possibly sell after such a short time, this aint no get rich scheme unless you have plenty of money already, no point selling this low, how much regret will you have when you see us waving at you from the moon,. if only i had left my money in for a year or two. boo hoo. buy & hodl this is the way. the only way you get paid is by being patient. so what if its dropped 25% in a couple of days , look at the gains from the pevious couple of weeks 🤔 make sense. buy & hodl 🚀 see you there.
buy and hodl, shiba inu to the moon!! just hold it🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🌛 shiba to mars 🚀🚀🚀🚀🚀🤟
firesale!! buy, buy, buy!!!
i bought more. fight me.
i am not worried in the slightest. in fact, i just bought more
today i saw a shiba become more powerful than the empire of doge.
well said, it will go up... no need to panic... holding shiba and evergrow strong right now 👀
held gme since january 28th bought at peak. this ain’t shit to me.
hoping we’re still dipping on pay day tomorrow. throwing the bag at it.
i'm still up 200% over the last 30 days and 700% over the last 90 days. but that is after being down 80% for the first 3 months i owned shiba. so yea, it is a ride, might as well sit back and enjoy it!
it's not about having diamond hands. it's patience. if you freak out and sell, then crypto and stocks are not for you. you have no place in them. for everyone else, realistically in 18 months from now, we will all be smiling.
fcuk that yolo baby
the more it drops the cheaper it becomes, the more i buy.
i have a lot of shib at this point. i sold some to get my initial investment back, now the rest is pure profit. i agree with what op says, if you cannot afford it, do not do it. this is a long game with shib. it has years to go before it will be at even doge levels, but had we all bought this amount of doge years ago, we'd all be rich and not on reddit today ;) the reason i have not left shib, truly, is this is one of the more active groups rallying behind a coin. i feel good that robinhood will pick this up, and i do feel that musk owns shib secretly, waiting to see if it does anything without his help. he's weird like that. if the "analysts" are urging you to sell, you should not! honestly it feels like they are just pissed they do not own millions of shib. namaste <3
well said! the dips are to be expected
i've gone from . this is absolutely nothing, do not worry!
i just looked at the price and bought more🤷🏻‍♂️ i’m holding roughly 40 million shib 😎 i’m trying to hit that 100 million one of these days
nice saying. good job
you’ve got the real investor’s mind
perfectly said im down 10k and not a worry in the world lol
too many people buying it looking for that get rich quick opportunity. i'm buying for retirement. in 5 to 10 years if it is close to .
i'm loving it. buy opportunity, not to mention it is just natural behavior - it would not just go up forever guys. value is still high as fuck compared to previously.
damn some of you must have sank thousands of dollars into shiba...i bought .00 at 0.000006 and not worried at all...if it gets that low again i’ll sink another .00 into it until then …”don’t worry ,be happy! 🥳
i asked my wife's boyfriend for a extra - i have commitment issues.
i just fomoed on the dip a little some more millis…. close to the billi now 👍🏻
crypto is not for wussies…!
it’s up more than 500% before october, and drop only 25% last couple days and some people get worry. common man. have a beer and sit down relax.
thanks for the sale. i now have 4 million shib instead of 2 million 👌
got some co-workers who bought in as well. nothing major, . but now they are freaking out and calling it quits or looking to any new coin that has had a rally recently. i'm just excited that i get more shiba for my dollar again.
instructions unclear, i bought more.
preach sir, yes! go shib!!!
i just bought 200m cuz i’m an ape 🦍
buy the dip!!! 🐕🚀
bought in amc in june, and have been -50% on that investment at one point. got into shib in early october… this is nothin’….
still holding with zen
i put in enough for me to be in good shape if the coin does well, but not enough for me to be ruined if it fails. very little stress on my end, so i’ll be holding
diamond hands and tungsten balls
i just watched gladiator last night!
it's starting the whale teeth again. about to go up!
for some reason i just keep buying more and more and more. little by little. it's like these diamond hands are doing all the work for me. i actually hit the buy button so much, that i am dreaming about buying shib now.
considering we broke ath like 3 times in a day last week this is only the beginning
i all of mine and bought the dip all back this morning securing more shib 🤣🤣
hodl for 5 years guys
match your sin money. buy a bag of weed, match the amount in crypto. big mac? five bucks in crypto. you'll end up with a shit ton of crypto or you'll quit wasting money on big macs! win win win
prime examples to use, btc & doge, this literally happened to both and look where they are now. but if you gotta paper hands, well more for us retarded smooth brain apes.
fuck it i’ll ride it all the way down
checks out... diamonds dont activate touch screens
that’s funny you say your down a 5 series bmw because my 2012 just blew up but im still buying shiba
just over a week ago we were all happy it was staying just below .00003, it jumped to .00008 and is coming back down to a more stable spot rn. chill, we cannot have exponential growth forever.
right! agreed. well said.
nice! i sold twice and re bought. made some nice coin
and this is how to win a lost
diamondddddd…. haaaannmdddsssss! *echo... echo…*
posts like this are insane. wow you're rich, you can afford to dump a bmw to gamble more on shib. someone yesterday said they dumped their f150 for more shib. posts like this and gambles like that are the reason people go into financial ruin.
i'm down a gs1200 and idgaf! i'm still holding
i will point out that bitcoin straight up crashed to 20k from 60k a few months ago, where is it at now? patience. we still have not even dropped all that far. i'm not a finical advisor or anything but try to remember that the market can be volatile, especially since it is easily influenced by current events and stupidity. if you only put in what you can lose then sit back, relax, and enjoy the rollercoaster.
shib! shib! shib! 🚀🚀🚀🌝
i went to sell but bought 10 bucks worth instead.
for all you fellow canadians shiba just listed somehow under the table on wealth simple a canadian free stock crypto exchange. it’s no robin hood but likely kraken type size. go get yours 🏎🚀
111.9m coins, down -, 26% does anyone think that the coins going to go to 1cent because if you do you don’t have to worry about this dip.
just bought some more and finally at 1,000,000 shib. time to hodl and pray for prosperity
sell? and let them win? i think not. we’re beyond a quick silly little profit here... came for a profit, stayed for the comrades. holding like diamond dallas page. self high five baby. bang
i guess that guy with 8 billion . dang it
for real tho. so many people are panicking so bad. i feel bad for them. it’ll be okay my friends 🥺
i’m totally new to crypto and just hopped on board a month ago. are dips like this normal cause this isn’t looking to hot lol
you guys really need to factor in a coins ability to recover and the likely hood of it growing past it’s previous ath. i’m not saying it’s impossible but these types of posts are seriously irresponsible. everyone’s situation is different, for you, the money you are sitting on right now could be life changing, for the other person the money they’re sitting on could be pocket change. honestly do what’s best for you and your well being and don’t be influenced by this type of shit. you know why you see them popping up so often? cause they’re panicked and most likely wouldn’t hesitate to sell the moment the price reaches where they want. if these people weren’t worried about shib’s price movement , you really think they’d see here making these posts? this guy has done it multiple times now.
lmao again and again just keep buying.
i gotta admit im losing money rn this shit scary as hell
i’m happy because shib is on sale today!! added a couple more million
i sold most of it at , and bought it all back on the massive dip
greedy mfs putting in 10s of thousands into this shitcoin, so y’all should expect to lose those 10s of thousands… us normal income folk are throwing in … maybe
omg - am i going to lose all my £25 i put in six months ago ? 😱
well shib is a shit coin so yeah, you will eventually lose all your money
people attempting to rationalize shitcoin performance is fucking gold
unless you bought at the top of this run, you didnt lose money. i dont see a loss! im up 1000% in the past month! stop the fear mongering!
hey there my names 💎 balls
lmao crytp noobs. couldnt agree more with you op. these arw the same kids crying when it takes 3 more zeroes and we are all taking in our huge bags but they desperately needed to withdraw their petty 10k to waste it on thanksgiving gifts. 🤣😂
you need to get into dogebonk. dogecoin is already at max lvl. shib is sinking.
it’s different w a meme coin. this coin has no real value, and is a step brother. not looking great. this is absolutely not financial advice
add back a 0 so i can straight up double down !!
i want million percent returns in a day though!
when the pay out is 2000x the gas fees to unstake and woof all the rewards. i’ll consider it, but them gas fees be high yo lmao
out of 394 t worth of coins...do you assume it was the ? or do you understand it was big money institutions buying in?
i love it. i can’t wait til we hit .00003 to load up 😩😩😩😩😩😩😩😩😩
i’m down 20 huffy mountain bikes and i could care less. just buying more and holding. good time to get myself to the 100m mark
in what scenario does it “not” make sense to average up? i got in in august. i want to get to 100mil but don’t know if it makes sense too...
\ cryptos only go up!
my wife's boyfriend did not pull out last night so why should i today??
but did they lie about their coin count? this site always had the correct amount and now its showing 549 trillion like the rest!
i really got tempted to sell because of how quickly it was going down (been holding for more than a month), and seeing all these posts on sm about never achieving one cent or 10 cents got me really upset. people had way lower spectatives before the pikes and they "adjusted it". this will continue happening until the "coin will never achieve " and so on, just like it happened with btc or the now called "legit cryptos". and **keep fking hodling**
the moon on youtube and twitter keeps bashing the shit out of shib. he is such a little weasle
i am holding at 0.0000585. i am down 12%.
just got told by some dude in the cryptocurrencies sub that this was a planned pump and dumb... planned by the owner and whales and yesterday was the day they posted to dump... all on insta ' dsquared\_88 · 47m tin2 months old the shib army accounts on social media have been organising what was clearly a pump and dump for november 3rd. i wouldn’t be surprised if those accounts and the owner of the subreddit is one of the 10 whales that own 70% of all shib ' dsquared\_88 · 11m tin2 months old go look on shiba army’s instagram page. they were trying to get all their followers to pump the price on the 3rd. surprise surprise, it dumped on the 4th
t\_t post like this give me peace of mind i put my credit card money on it ( not much but im so scared because i dont have does , my mother recover from cancer and we own a lot of money to the bank and hospital and we dont know what to do so , i put everything to this hope it pays of hodl even if i have to sell everything i own
give me a good reason to keep holding
when the coin is in a dip does the value of our money permanently lose value or does it bounce back once there is a bullrun that consolidates above the previous dip?
shiba inu is on wealthsimple
what do you think are the chances of this going to $.01 before the end of the year?? man...i'm debating dropping ...
to advise the crypto bros here. for the love of god, in the future, if something is already up 100,000% do not buy it. wait for the crash and be degen all you want after. crypto is volatile in general, but you guys are taking your gambling addictions to the extreme.
is this a good time to buy? i just sold some xrp and have a 1000 to spare.
just hold you pussys
i’m getting doge after snl vibes but still hodling
it will go up one day so just cash in everything you can, just borrow money from everyone you know
bmw’s blow anyway bro lol
exit stragedy? i thought this was a ride until forever?
man, this attempt to try to persuade people to relax and chill like nothing is happening is really the last type of practice i am reading here from people that are scared like hell that everything is crashing…how can i explain to you that you’re not talking with stupid people here on reddit? and once again, there is nothing to relax lol
i’m on the fence. i bought in so well with so little money that buying even now will up my average. at the same time i know this is going to rally back up again. i’m in for the long haul but the temptation to buy more is lingering.
honestly guys i have 1.2m coins but my rent and cell payment are due (). i will buy another 1.5-2m coins saturday hopefully, depending on price.
bag holders unite... ha ha
green candle = hold red candle = buy or hold
price dropped, down a bit. eyes wide, i took a hit. tears swelling, held my breath. converted bitcoin to shib. feeling lit.
i knew a man who said once "the threat of crypto callapse smiles on us all" but only the shib owners smile back... this is the way...🚀🚀🚀
the new wave 😎😎.
there is no problem with selling high and getting back in when it is lower
the number of holders are still the same. so it means that people are still holding it for a reason. if yiu miss this huge duscount opportunity then do not cey later for it becoming too expensive to own a million shib. shib has just started on retail acceptance and it will catch up like fire and whenever the rbh news comes out this will bring in more volume.
have fun buying all my dog money for real money lol.
mother fucking diamond dogs 🐕 💎🐕
just another opportunity to buy more 😎
had it for a week. i'm , devalued to . i'm hodling! i guess no point in not staying. really no opinion good or bad, at the start and a few weeks before i began i recognized the massive number of available coins would make it tough for continuing massive jumps
a whole sub of absolute morons
my shibs are locked for another 6 months. i can’t help but buying more 😂
i’m going to wait a few months.
meme coins...the hype is dying😭
now is the time to buy! cheap! i bought another bag today.
i’m still up about 80% this divot on my highway means nothing
i tried to sell by but i couldn’t push the button because i ain’t got no f in hands
yeah i do not get all this fuss. crypto constantly goes up and down, but it is a long term investment. i've got no reason to sell. i can understand if those who chucked their life savings at it are starting to sweat, and my advice in general would be *not* to do that. put in what you can afford to lose.
not a whole 5 series ?!?!?! 😂😂😂😂😂 im weak asf !!!!
this is the way of an inu warrior !
tomorrow is payday for lots of people... buy the dip everyone and take advantage of the low entry point
i only have 20 mill and can’t afford to buy more atm. 😫😫😫
i sold to rebuy back in at a lower amount
i've wanted a tesla for some time now. i bought eth when it was under . i saw my 4k grow to 25k i held on. it dropped. i was weak i pulled out. i could have had two tesla's now. i'm letting my pitiful little 12 million shib ride.
u can always sell when it is going down, and then buy more back when it bottoms out. you mean you guys never heard of that?
i’m holding and buying more
crypto easy: buy what you can afford to lose even if it hurts, then hold. sell a decade later. pass time posting memes.
bruh i am not even buying the dips. just enjoying the view. if it gains then kudos but of it.falls, i did not pit a significant amount to begin with. yeah it was a bit more to invest bit not gonna make me go bankrupt
the volume is in the 20 of billion thar there is important and why shiba is still in the game
awa we are f# hodling all the way 🐶
shibarmy strong! i staked shiba and got payed today so grabbin me more before liftoff 🚀💎🚀
came in at 7k. chopped down 3k like pretty much instantly. ouch. but i'm tired of missing the boat on shit. my buddy owed me money and paid me with 3 bitcoins back when they were worth . i was like wtf am i gonna do with this bullshit ?? all these assholes writing articles like they have the scoop. screw them
agreed. saw a lot of paper hands sell when bitcoin went from 20k to 4k in a matter of months. those people are all kicking themselves now.
i have a pool i trade with and pay with and four others that just sit and earn. burying on shiba swap is giving me massive amounts of ryoshis on top of bone etc so some day when that one takes off also i’ll make enormous bank on it. for free. just saying. my 33 mil buried got me 96 mil ryoshis so far and there is a whole lot of zeroes in front of that one also. doesn’t hurt to roll the dice and get free tokens 🤷🏻‍♂️.
i bought 5 million more last night. crypto is not for faint of heart it’s also only in its infancy. this is the future and anyone investing in it needs to be aware sometimes there will be losses. however, 24. can make anyone with half a brain and a set of stones very wealthy
i pulled my initial investment out and now i’m just riding the wave of pure profit
i hope shiba inu would eat another zero or two🤑
i only invest in things i believe in long term. i diamond hand everything until i’ve reached my sell number. btc, eth, and shib. i hold nothing else. i don’t believe in losses, only thiscounts.
55% of shibas are concentrated in 10 addresses. how do you want peace and tranquility holding?
if you think you can “diamond hand” crypto, you’ll be in a world of pain. from what i’ve read, 80% of shib is owned by 20 people. math says, if a whale sells, you get crushed. this is a zero sum game. if you sell and profit, someone else loses.
shib is a pump and dump. so play accordingly. pump and dump.
you retards are not surviving next crypto winter lol, keep my short printing and whales happy by buying each dip, love you!
i sold all my shiba and bought ! can't trust that 5.4 billion dollar wallet to dump on me
if you sell one of your hands you could buy more shib and have less things to worry about
same. i was gonna "take my profits" and i thought, would i rather be okay with what i have now and potentially heartbroken if, or if i go to zero on what was basically a gamble i made with money i would have wasted in some other form or fashion? then my diamond hands hit the button to close my wallet, and i carried on with life.
are you a james bond villain?
whenever i hit "sell" i just earn more coin. fucking things busted.
go to the doctor
i knew this correction was coming so 48 hours ago i paid over ... not repeating what i did with doge bought at .03 sold at .06...
for some reason my eyes can only see the buy button!
same apply on jerking. can’t do it so you need someone else to help with that
must make playing video games difficult!
my hamds are so shiny i pressed buy instead of sell
now you have to work on your mind because just the thought of selling…😅
nice 😎 💎 💎 💎 💎 💎
way the this is
😂 thanks for laugh 😂
we must be twins damit
i kept breaking my phone with my diamond finger
i don’t lol often but, when i do, it’s for this comment right here.
i read it as you tried to *smell* yours. my diamond finger smells like itchy butthole.
tried to tell you i wanted to give you 1000 arrows pointing up and the bot removed it thinking i was begging for triangles pointing up (can’t say the real word i’m afraid the 🤖will get me again!!)
same here… happy to know there is another hodl like me.
best fucking comment ever
i solute you, sir
damn right they are! now get you a nice matching pair of diamond balls to match.
found someone with the same hands as me. finally
all i could do is lick the buy more button.
i was literally hovering over the sell button last night, diamond hands bitches! not selling, this is crypto its a roller coaster ride.
pure fucking diamonds motherfucker!
my hands are made of pure diamond, so i tried to use my balls instead… turns out those are solid diamond as well. 🚀🚀💎💎🥜
i… was going to sell…then i traded my ada for more shib and said i’m going wherever this ship goes
you dropped this 👑
true. buying the dip and staking
you're a poet & did not know it.
this is the way. heck yeah.
when i see the dip, i do a devious lick. god why did i just say that.
this is called catching a falling knife.
i dropped . i'm now worth . i wish i could double down and buy more.
the hero we need
me as well fella! hopefully it’ll still be on thiscount by the time those fuggers release my fun coupons
it happens every time and is what makes us all the better off in the next runup
diamond balls * - hodling. meh fud. let’s get it.
like that gangster that tried to gold plate his dick … lol 😂 look it up
dude. you made me laugh hard.
diamond finger in my bunghole
i’m a woman, so no diamond balls over here. but my diamond tits are jacked 💎🚀
that’s right it’s confusing for many and i love that
no folding, only holding
i could probably buy a used 323 from 2001 with 200k miles on it… holding until i can buy a c8 vette though
ye, put in another 100$
i pray that you are right but i do not think it is possible to pick up so soon. it's probably gonna be a while.
also 21, also unloaded my networth into shib. we ride at dawn boys
i'm sitting just a hair over 10m and like 500 dollars in. people ate freaking out, it is kind of funny to me. a coworker put his whole last weeks check in and yesterday was flipping shit towards me saying i steered him wrong.
at 10x, i pulled my initial investment. the gains are all to let just ride. does it suck watching them shrink right now? yes. but, when this thing levels out, that initial is likely to go back in, plus more. i missed the boat sitting on my hands in the past, and do not plan on getting caught like that again. (btc will likely never stay above , so why buy now? can doge really sustain above .09? 😭).
cheers to us - we aint fuckin sellin
and the ones with patience
this. if the project and fundamentals are solid and the price is going down it’s only temporary.
just so poetic. 👏🏼
this morning when i shot my diamond load from my diamond balls into my lady’s face it knocked her unconscious for a minute. be careful with diamond balls as this could happen to your lady too. trust me bro. diamond nut, it’s real and not talked ab enough.
fair enough. we are all down right now...but not out
you lost 20k of profit or 20k of your initial investment? i lost 30k of my profit so far, and the pain is excruciating.
yep!! trading for fractions of a penny! such a good deal. i am using the time to average down. i will be dancing 💃 when we run up again!!!
yeah only down 50% from peak, will pump any day now xd
yes this is very normal. just wait till we get back into a bear market hahaha. best time to buy.
what stock? dips are the way
thanks...and i am this guy. i bought in july, have not sold and do not plan to. you have no clue what my portfolio looks like and i do stress to only do what you are comfortable with. i am comfortable holding. that's me. if people want to take money and get out feel free. i'm not in charge of anyone else and they should do what is best for them. i am far from panicked...had this been my only investment, sure heartburn...but no.
just think back to last week...how did you feel last thursday...it is like a shitty lawn...add some fertilizer, overseed, and it will come back better than before. not the crypto therapist here but just take a deep breath and do what you feel is best for you to help you relax. don't worry about anybody else's decisions. they do not matter.
this is a seller right here. hope you made out well.
hahaha. c'mon man...at least throw a raleigh bike in the mix
you’re a fucking idiot
your money goes down and up
chances are it won’t reach that till next year. so if you’re hoping for a quick buck this might not be it bud.
ill be really surprised if this shit coin does not drop 90% from peak(50% currently) before at least trying to recover and those retards just keep buying a dog coin xd
dude, you sold...congrats. if people are scared they can get out like you did. no big deal...people can make up their own minds.
it's a dead wallet and four exchanges. and a whale.
in 5 years time when shibaswap is competing with the likes of pancake, uniswap, sushiswap etc. and 1 shib is around the 3. you'll be looking back with regret telling yourself "damn, if only i held my couple thousand dollars worth of shib i bought in 2021! i'd be a million't have to work anymore!" while scouring the internet for the "next" meme coin. i learnt my lesson after the bull and bear market post 2017. if i did not paper hand most of my holdings like the beta male pussy i was back then i'd be a millionaire by now. not making that same mistake ever again. patience pays the fuck off.
that is why you have to ride the hype waves, stay ahead of the game.
and then replace it with an awesome robot hand with all your money
well i think he’d make more by “parting” them out. let’s say the op was born in 1955… who wouldn’t want to own a 55’ thumb knuckle… who cares what it is… it sounds expensive
i actually hit the buy button and got more
no but i play one on tv
same. as soon as kraken said we need a few days and then the very sus billionaire story came out i knew we'd see a massive dip. kraken and rh are likely loading up on the dip and then they will list and act like heros as the price rebounds and they make millions. the timing is just to perfect.
good, this is a time game
story of my fuckin life. cept i bought at 4 cents, sold at 7 cents. lesson learned.
so you did not wait for coin marketcap's float correction??? once corrected we will jump. it has been noted the price should be in the 9's. (before this major dip, so maybe now in the 7's).
if i had enough shiba to pay off my remodel loan i would have done the same. i already took out my initial investment and an extra 2k to have everything paid off for the year. the 100+million i have now is just free money that im letting sit until it moons or if i absolutely need it.
how does one know about a correction coming?
…is the only way
where can i stake this coin?
thank you for your prognostication. i’m sure you feel very well informed.
when things are dire, i’m a buyer! :)
*diamond balls or ovaries* apologies
diamond gonads in general are acceptable
you could still be a woman and have balls. balls of diamond. diamond tits are fantastic though.
it will do what it will do. i invested what i can afford to lose. i don’t need hundreds of millions or billions of coins. i’m good with this amount.
i wish you success. the c8 is an amazing vehicle.
of course, either way im still holding but then i bought in pretty early so im lucky
you guys are some damn mavericks! i was still learning how to pee at 21. 👊🏼💎
proud of you two.
tell me what are the fundamentals of this meme coin?
my lady did it to me. now i'm just covered in diamond sauce. not a complaint just talking about the true dangers of these diamond hand folks.
you’re totally right haha but this dip seems pretty gnarly as it just happened overnight :/
i bought in last tuesday right before the 70 percent push and now im in negative numbers lol. ill hodl i have no choice lol
haven’t sold yet, but definitely watching very, very closely. did pretty well and am playing on house money, which many are not… so people are worried and selling… what’s to say the next trend coin isn’t about to pop… you don’t think people will jump ship?
but huffys we’re the shit back in the 80’s. lol
nah, i do not mind holding one bit! i honestly just do not understand how everyone is so on fire and confident that it will get that point??
no big deal? lol you clearly don’t have a risk reward in place if you’re already down a 5 series bmw. i don’t know 🤷‍♂️ how much you’re invested in shib but if you continue with this attempt to feel like everything is fine and we just have to laugh to fix everything i think you will have to sold even your house to continue to laugh xd; wake up!
agreed. not that you are a “beta male pussy”, but if you are thinking long term, just buy and forget about it and just set alerts. an alert to add and your alert to sell. invest what you can afford to live without as your long plan goes to shit if you need your crypto money. you “diamond hand” amc and gme because its a black swan event.
i just knew that was going to be the first comment when i clicked “view more replies” 😂
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me 2 800 bucks today and 2k last night...
is this the way? yes, i do think this is the way.
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im thinking the same thing... it was a coordinated hit to drop the price ... i guess we'll find out in a few days 💎👐🏻
yikkkkkes didn’t even think that’s what they were doing?! mind blown wow…... shiesty!
i hope this is true
i wonder considering crypto runs non stop listing on a friday would make sense since crypto can trade during all hours (aka weekends). so hrm... very sus.
there is nothing like that coming. the right amount of tokens are listed everywhere.
crypto.com pays 2%. more if you have the jade card. at 100million staked, you get about 20k coins every week.
you can stake on shiba swap, also voyager gives 2%, i do both if you get on voyager use my referral code le127 we both would get
i’ll take you for a ride when i get it comrade. it’ll be our c8
i fist bumped someone on my coffee break earlier and broke their hand….oops 💎👊🤷‍♂️
it fucking stings, does not it? i'm still holding because selling right now would be ridiculously stupid on my part. i will consider selling some at the next ath (whenever the fuck that is).
people think it’s a meme coin. but it’s much more than that. look into shibaswap. the possibilities with this coin are much greater than any other i’ve researched.
you are worked up man. you might need to look into a girlfriend...boyfriend ...whatever you are into...it is cool. don't worry about me. if i would have listened to people like you when they told me i was crazy with eth i would have a hard time sleeping. you are obviously trying to justify why you sold...it is cool man. take your money, that is what we are in it for
100% bro. on top of that, if you invest some money onto tokens that pay a return like evergrow, nobility, safemoon etc you hold and gain busd or reflections for doing nothing no matter where the price goes. stake some other coins and trade a bit here and there when you're in surplus during bullmarkets. financial freedom is 5 years away if you put your head down and focus on the crypto space. i've turned 16k into into almost 100k at the height of the market last year. skimmed some profits, learnt some valuable lessons. keep holding projects you believe in and you'll get rewarded.
fine with me. time to buy more.
how long do you need to stake? is there a minimum?
how do you stake? like, i’m on crypto, i have 4mil+ but how do i stake it? is this that credit card nonsense thing?
is there any reason i should not stake? i plan on holding my 10 mil for a year or more.
im staking directly on binance on a 60 days period and i’m getting around 6k coins daily. i still have 5mln to stake but the “shib staking product” was sold out lately
message me when you find it
tried to the link coinbase wallet on shibaswap but it does not seem to do anything. can't figure out what i'm not doing. also does it charge some sort of gas fee to get from cbw to shibaswap? i'm just a poor and any time i've thought about selling, the gas price makes it literally not worth it. thanks for any advice.
thanks my guy ❤️🍻
i bought back in may and locked it in the swap. haven’t thrown anything at it as of late. like i said i’m good with what i got and my returns locked in for liquidity and staking.
are you in this sub purely to shit talk the members of it? you're no better than the fucking hedgie shills
of course it does. i was worried too, i will take some profit at the next ath as well. just make sure that you are diversified in your cryptocurrency portfolio.
thank you! you're the first person yet to actually give something of substance to read or to look into. kind of hard to find trustful resources in general. i'll read that and get back to this thread.
the way i are
this is how you do it.
3 options. flexible - withdraw anytime. .50% 1 month - 1.0% 3 months - 2.0%.
no. go into accounts>crypto earn> hit the (+) sign top right. find the coin you want to stake. select the option you want to stake for. also, the credit card thing is not nonsense. it’s pretty awesome. i get free netflix and spotify as well as higher staking rewards. plus cash back.
the only good reason for not staking is if the price goes crazy and you want to sell. crypto.com gives 3 options for how long you want to stake.
that’s not a bad return.
there is a gas fee if you go from wallet to coinbase.
yeah, i'm unfortunately all in on shib. hoping the bleeding stops; it is hurting my production at work.
tits is the way
what 50%?? rewards 50 present? in a year?
cool. it stays there i guess 😂
how can i help you
tits is always the way
no. there is a decimal before the .50. half of one percent with no lock in. 2.0% at 3 months. other coins pay better. matic pays like 10.0%. there are other apps that pay more, i just like crypto.com because of the rewards from there debit card.
yeah, my friend sent me some shib but i sent him my wallet address because i’m new to all of this and when i figured it out i learned about gas fees. to transfer . guess it stays in the wallet!
can i pay in shib?;)
sure, one double holdburger for you sir?
official fuck china vote button here
fuck!! i panicked and bought more!
i had fomo with doge, i will not get left behind on !!!
if you sell now you will regret it trust me. it will go back up!
i can never have that many dollars. atleast i am shib millionaire
shiba all the way to the fucking moon
this coin isn’t dangerous. once shiba swap is out, we are golden
paperhanded bitch sellers...i got them diamond hands baby.
u. hold, after this everyhing goes back up
i almost did, but my wife convinced me to buy more lol
hodl no other choice
not safe here just bought 10m more.
keep holding to the 🚀🚀🚀
what is this “selling” everybody keeps talking about? is this some crypto acronym i’m unaware of?
it’s oddly similar to 2018. we will see a small spike. then it will dip further down. this pattern will happen 2-3 more times before it is stabilized. then it will start slowly climbing again. until the next crypto boom
idk about to the moon but ill take low earth orbit at this rate lol
i have no issue with elon. i just do not like how much sway he has in the crypto communities.
gonna sell my soul for shiba to go to pluto
maybe the reason of the dump i’ve done some research on etherscan and seems that wallets number 8-11-13-14-25 are all connected and have done a lot of transactions in the last hours. this means that the 8th biggest holder, that owns 1.4346%, actually is at least the 3rd holder, and owns at least 4,65% of available token. surely he owns more because i’ve found hundreds of transactions between him and different wallets. it’s too hard to check everything so i gave up, but he’s the more active, top holder, in the last hours. hope someone could help me.
with a community like this shiba isn’t going anywhere but the moon 🌝
100 bucks for 10m, what a steal!!
i sold my doge and put it all into shib
holy shit, look how cheap shib is rn. better buy more for the shib army
what's with such a huge dip
people, small . why sell now and lose 50%. when the chance of making thousands or a million is there. do you need that money that bad right now then you should not be buying crypto or even stocks for that matter.
i'm down . lol.
today is the muuthfuking squeeze for amc and gme!!!🗣🚀🚀🚀🚀🚀
ready to quit my fuking job!!!!
if you sell you stupid af and never gonna make some cash cause you a bitch
if you sell, i will buy
btc crash years ago and came back with a vengeance
i guess we fall till btc falls... and that can take a while. hold bros and sis.
take note that all other cryptos are down too. so it is all temp. buy you fools and hodl
keep this up guys. keep up the faith ❤
i've been holding since i brought into shiba, because i knew it was going to be a long term thing.
i'm starting to diversify into other coins.
it is a space race against china anyway!!!
doubled down at .000006 i'm sitting pretty right now cannot wait till we go to the moon
i locked my shib into a 3 month crypto earn deal after buying the dip this am. 💎👐
people saying elon is at fault just lol, if anything china ban had way more to do it. but i mean if you really are considering selling for a loss idk what to tell you ... why are you investing would be my only question. this has happened before and it will happen again what goes up must come down.
bought the dips on crypto.com idk what yall talm bout
i got excited and started buying! love this stuff!!
just bought another million shib...get it while it’s on clearance
my new job i have i get 4k a week. so, i’m gonna buy 3.5k worth of crypto every week lmao. mostly shib
i bought today, and i hope profit will be soon
just close your phones and go chill. it will bounce
great day to buy
anyway i'm out guys, i hope one day you all get to say told you so to me but be realistic and stop pumping money into this train wreck it is not going to make you a millionaire
go ahead, panic sell, the wealthy and government would love you to do some dumb shit like that.
what alot of traders do not understand is when things go up it goes up hard and when things go down they go down hard.
i'm holding till the end, i knew how this could look
i have 90,000,000 i ain’t going no where
1.9 billion amd holding
picked up another 20 mil shib. let it ride!
so many doubters in here. hodl and believe 💎🙌
you do not lose until you actually sell at dip, which then the loss become realized in wallet. at the same time you do not gain until you sell at hike up, which then the win becomes realized in wallet. at any realized point, that is when you are done and cannot be changed. when you keep holding anything can happen just like to the moon. it can happen if you hold. but if you sold, then you staying on earth and watch other's to the moon. it may take a while, but to the moon is just a matter of time. do you want to wait it out till the next moon flight or just exit the rocket ship?
everyone who thought they would get rich quick are now paper handing. i don’t spend what i can’t afford to lose so i’ll ride the wave through dips and rips. quit crying, investing is gambling
about to buy another 260 mil, am i stupid?
1.3 bill and holding strong!!!
if i become rich off of this i'll brand shiba on myself
i'm sorta new to the community but i'm active
don’t panic sell,panic buy lol
holding no matter what until it at least give my money back 😜
everyone selling now . are you holding your coin ?
best days to buy the dip. enjoy this while it lasts
cypto.com is fucking trash for doing what they are doing they have not let me buy anything for the past hour
yes, india is largely vegan,... without shiba there would be no more india (i know that aint true but stick to the story)
ant0ny you loose money if you sell, just hold in a few days it’s gonna be ok
prices still going up. who ever sold, much regrets
all tge whales will sell now time for the community to become the whales
yeah, i was not able to open crypto.com nor binance. can't buy the dip :(
im down below where i started but hey, gonna hodl and see where it goes
i sold my sell button to buy the dip
listen guys just relax stay here and shit post for the time being. it'll all be sorted soon...(i think). stop thinking about buying but strategizing as to your next move. look at your portfolio (if you can gain access it) reassess where you can convert, sell asap or consolidate. buying low is not the solution to this one. a written plan and clear thinking will do more for your that buying or selling (every small ripple creates the waves).
i'm losing my money, but i have not sold any of my cryptos. be strong 💪
i cant buy, p2p of binance is shitting!
do you all think shib will eventually take off ...or have any potential
i bought it at 0.37💔
is a fact we gonna make history
shib still way early in its crypto cycle
i am hodl and buying in the dip, the dip this time is the grand canyon style. probably last chance to buy in being so low.
i just top up more usdt
why is this happening?
its like robinhood thingy that happened during gamestock thing
i’m 20. i have years ahead of me
here is my shib address: send shib to me if you don’t want it or don’t have the stomach for it.
its so hard to diversify when you lil money
why is everyone so emotional? wanna sell? go for it? wanna hold? do it. just relax guys, this is investing. whoever got in this to “get rich quickly” is a dumbass. i am horribly new at this but from what i’ve read and seen, this isn’t the first time this happened. everyone chill, we’ll be aite
whole market is down for something completely unrelated to whatever dumb drama y'all think is going on. hold. take advice from someone smarter than you for once. buy and hold.
u, you dont lose until you sell
i'll buy your coins!
anyone who is feeling emotional over an investment because of day to day or week to week dips needs to take a break from hawkeyeing their positions. the path to the top is not a straight line, with many ups and downs.
wealthy people know this is a gold mine. they will fuck everyone up just to stay wealthy and keep others poor
everybody wants to be rich... nobody wants to have 💎 🙌
all who hodl will be rich
100m holding. stock market manipulation keeps the rich wealthy. 'they' do not want a rethistribution of wealth! stay strong people! 💎👐
big dicks don’t panic sell
🚀🚀🚀🚀🚀🚀 buy the fucking dippp
tooo the moon and beyond
i will have 50 million shibs
i'm holding with conviction.
safe like a bird under hurricane!
shiba is fine look at other coins we are goood guysss
i just bought 50m more
shib gonna be gains for all those who hodl and buy the dips
i hope shiba gets listed on robinhood!!!!!!!!
fuck robinhood we call for coinbase
everything is dead. so life will soon spring
i wish i wasn’t a broke hoe rn i would buy some of every coin
china just driving the market down with news so they can buy. oldest trick in the book.
i am panic buying
there is no out. there is only more shib
my goal is 50m im at 11m
musk is a world changer. he doesn’t force anyone to listen ya know
no one man should have all that power 🎶
crypto.com went down near the best part of the dip
i’m buying the flying fu
i bought the dip 💎🙌
safemoon and shiba to da moon
bought some more fk yea let’s get it 🎢
safe, bought the dips and holding
i’m just trying to figure a way to avoid the big taxes for when i become a millionaire off my shiba 💎🙌🏽😂👌🏽
why does china always have to fck the rest of the world over?
cuz china does not like the idea of its citizens being wealthy
hoping this fluctuation will purge the paper handed and will bring in more diamond hands.
i’m holding 107mil i’ve just 53 dollars in my pocket sadly tomorrow is my payday fuck! i’ll buy more shiba, believe in this and spread the voice!
i have over a billion and i've lost a whole lot of money but still not bothered
shiba gonna hit .001 after vb dumps that 50t
lets get shiba to 1 dollar so i can have 40million dollars :)
its fun to play with dangerous stock you just never know. make sure you guys have a dividen account. im using m1 finance long term stuff
wish i got my salary... spent as much as i could on shib and amc
thanks to shib dip, finally got it
i staked 8 million shib on crypto. com so basically i'm getting 438 shib pr day just for parking my coins.
parking now gonna buy another 200mill as we speak 🤘🚀🚀
yea buy the dip and will chill forever 🏖🏖🏖🌕🌕🌕
i'm actually pleasantly surprise on how well it is holding up in this current mess.
don’t you think the timeframe for shib is a bit different than doge given the circumstances and current market. if you came up to me and suggested to invest in doge 2 years ago, i would’ve have laughed. i think circumstances are different this time. still, i think it will take months or a year till we see even .001
1penny is impossible unless you burned enough coins to have a max supply of sub trillion
i hope elon never fucking hypes shiba. that idiot helped tank the market
very safe still hodlin
if the shiba in the next two months reach .001 i will donate 100mill of shiba
if you’re panic selling your family doesn’t love you
hold, buy, panic buy, hold. this is the way.
panic sell, repent, buy high and hodl. this is the paper hands way
realistically, i don’t see shib making it to 0.01 because of some dumb video explaining the market cap and how it would have to grow 64,000%. 😭 still going to hold.
dont act like none of you are nervous either mfs
pfft, i hope it goes down more so i can buy a trillion shib
bought on the dip 📈
i’m holding my 8m
shiba swap gunna change the game 🚀
bought 3m more today shame was not on for the lowest dip point this morning
someone on toktik said itll drop to 30k
cant wait for bone ... i’m gonna make some 🦴 and bury them
i hold my shib in wallet, not stabels ❤
looks like another dip is comming boys
if we get 380-500k people to buy one billion shib
yea long term we gotta slowly rocket to the moon but we will get there one day
every. dog. has. their. day
trust me guys it's going to crash and moon many times over the next couple of years before we really take off hodl now don"t make the same mistake with doge
if you are panicking, you are in the wrong business
all my money is in shib i believe in us shibarmy and this coin. it will either make us rich or poor. hodl. we will drive this coin up ourselves like the doge communit didi
my card bounced buying a slice of pizza for lunch. still not fucking selling!!
cheap pizza til we moon shibarmy!!!
ur a shit daemon go away fudder
panik why ? each and every dip is an opportunity to get more decimal points in your crypto holdings. fiat as an exchange value has always neen flawed its why we have crypto. when you lose its exactly because you believe more in inflatable fiat than you donthe future. i still hodl have the same amount and buying more shib & btc or eth today.
casey’s does have bomb pizza!
considered selling but then decided to buy more lol
when i invest i asume it is money i will never see again
buying the dip fym
hope it dip even more so i can get it for cheep!
if shiba goes down i’m going down too hodling 4 life
a huge pump, and then a huge dump is designed to make people buy then panic at lows to sell it all off to others. its how a coin thistributes, and especially this is on a brand new coins first cycle.
yeah this was largely elon’s fault
i'll donate shib to all the crying babies
i say fuck it. we all wake up to healthy gains
me and my 1 billion shib are safe at home. i'm not fucking selling!! 🚀💎🙌🏽
lest gooooo shib lest gooooo shib
100milion shib bought at 0.0000017 and still hodling!
stupid dumpers will always cry
i'm proud that i have reached my goal and have joined the 100 million club! shiba strong 💎🤲
it is simple mathematics shib has more percentage room to move
shiba buyers = how to make 100000 mili in one night *google searches*
rug pull = milf
i have bought 7000000
20m and hodl’ing... goal is 100m chipping away little at a time.
i over draft my account for you guys hahahh
this should be easy money, someone just go move that decimal over a couple places.
such paper much weak
i panic bought lol
it took me a day to figure out how to convert eth to shib on uni
let them sell i will continue to buy the dip. shiba inu will make me rich soon
can't panic with shib when it is the reason of millions of lives being saved
china just reiterated an existing policy it was fake news...they did not actually implement anything new
i don’t care how much i’m down! i’m not fuckin selling!!! buy the dip!
i had 100m last night and said i was done... i liked the nice number. told my wife even. tonight? 250m. 🤦‍♂️ i didn’t want to make more shiba! i was being admirable!!! why did you fucking force my hand you slut!!!!!!!!
red is my favorite color
just bought another 7,000,000 shib
buying... now i'm busted till friday but you paper boys keep it up... i'm hoping i run you over in my pinpto depositing my reach for 1b
and wrap it in repeating shibas
bought 30mil for 275$... it’s funny becuse i bought 30mil a week ago for 545. took advantage on this dip💪🏾
can we get 1 penny by the end of the year? i think so
wen moon though? -_-
roll call for the real diamond hands in here
our community and chain is strong
not sure if you guys seen me post stuff lately
holding 200mil and never letting go!!!
i snagged another 6m
i’m only at 101,800,000 did the best i could. but i’m glad i bought it when it dip it low, pick it up slow , it’s going to pop pop pop that thang. -christina millian
if it goes up it goes... if it goes to zero oh well
i bought 600 mil of shiba, so now i'm officially a shibaner...
its a gamble that has higher chance of winning than any other gamble i have seen
we are safe with shib
i was able to hold my 3m, and i have anxiety... so i think that i'm going balls deep into shiba!!!! i want a 911 for my 30th birthday in 5 years from now!
good choice 👌on car 🚗
i lost 1k but im good
they shaking off the paperhands
just buying the dip. aiming to accumulate 1 billion shib
sell... lose... then come back. lose again lol... or you can grow a shib and hodl
hold ! grrr !
very safe i bought some more today...
anyone watched the understanding money on netflix yet... i’m starting to think we are going to end up red red no money... hope i’m wrong, hodl and pray we recover into all ath
l am holding still
gonna ask a silly questine,what happens, when it gets zero,? wiped out ???
not much of a live chat,is it ? come on,its not the end of the world.
im gonna have to sell my sperm, if i gotta buy more
is that what shib demands from me ? blood and sperm ?
i do not even look at the price anymore the floor is 100 each
bitcoin bleeds. just got another 100,000,000 shib. what an opportunity. listen this is once lifetime opportunity please take advantage of it.
not shaking, diamond hands all along
i feel like this is perfect time to buy 👀
i admit i was panicked when it hit 0.000009
i am holding, not selling
i want it to drop more so i can buy even more!! 💎💎💎
going to be all over this price today.
fucking billionaires gotta ruin everything
are we gonna be ok?!?
no one can ruin such a big community like shibarmy
the entire market is down, don’t panick
i bought another 50 mil coins but kinda worried lol
safe as can be
imma buy more as well
think it’s a no brainer akita as well
shiba and akita are pretty much same coin the move together time to buy buy buy
i keep getting depressed and keep buying more as i watch it go lower then the price i keep buying it for.
literally just been in bed looking at the charts for the past 2 hours we gotta recover or i won’t sleep tonight and won’t have any more money left on me to put in by the morning.
why sell for a loss, this has happened to the market several times over. all the fat cats are waiting for you to sell so they can buy the bottom price.
it’s dropping so much it’s crazy almost 50%
bought 1k shibs to hodl till to the moon
im not sure if this is telling me to panic sell or to keep holding. i hope its the second one.
i’m not selling no way shib all the way
bought more black wednesday sale dips
all the support levels are failing! wtf to do? :'(
more like panic buying
imma either wake up in the morning with nothing or imma wake up rich
it is crazy seeing the price going down like this, but it is happening to majority of the crypto, so i am holding strong and safe with what i can loose, since i have been prepared for this since the beginning and invested only what i can afford to loose. hence 💎💎💎✋✋✋ here.
but fuck whats this drop
i’m safe! just got to remember why you bought in the first place. hodl fast. hodl strong.
im just mad i thought i buy the dip but it wasnt
it takes me 10 years to wake up 🤣
everything went 10 percent down in the last 2 hours
if you hold tight now, you will know that you are doing the right thing. hodl it for yourself... be real to yourself
if it’s nothing by then then i’ll tell myself i fucked up
its happening to the whole market guys, not just crypto but also the stock market, itll recover over time
these are the moments that keep lovers poor poor... be rich!! we are the ones to hodl... and we are the ones that people will say "look at that hodl'er yodeling with all those fud wins 🏆" later...
i’ve lost so much
we all have, quit whining and hodl with your comrades!
i’ve been busting to take a piss this chart hurts
turn off your screen and go for a cup of hot coffee 😂😂
this is called hodl v2.0
yeah i should take a quick piss now
good things come to those who wait guys
obey these shib-superiors! obey your purchase 5 minutes ago of 85million shib & your purchase of those sub zero dips!! ! obey and hodl!! ...q: are we at war rn??
"we simply attempt to be fearful when others are greedy and to be greedy only when others are fearful". warren buffet
time to buy guys
hell yeah its time to buy
shit... should hold ? i holding 305million of it
if only i had my paycheck though lmao
i gonna shit my self as i am looking at the fall
stop looking then, im not
i will hold , if its 80% down also ...
4 steps 1- buy shib 2- break phone 3- ??? 4- profit
crypto is shitting it’s self rn
how can you guys stay so calm
if we want it to go back up we have to buy!
the whole stock market is
look at the rest of the market
because its gonna go back up
time to buy some
etc is like 40
just be glad you aren’t the people who bought it at 170
yes, i already shit myself a bit earlier
i bought at 0.000019 305million unit, now i am losing my shit
this is the greatest buying opportunity
that means the next bull run will be huge at these low prices
while bitcoin is crashing majority (if not all) crypto is going to suffer, but it’s a short term suffering
i bought mine at .0000017
i have anxiety, but i knew it was going to be a long term investment when i got on board, thats why im not shitting myself
besides, i’ve lost more gambling
just think of it this way... shib has a lot of "action" today...
should i get more ? i am not kiddding as i say i am shitting my pant
only if you can afford it
wish i can buy more in this dip
only invest that which you dont need
i think i have a anxiety too i should go to the hospital tmr
did anyone else hear that china am not accepting crypto for purchases of things?
bought at 0.000017 :(
the whole market is down. so yeah. i trust we will bounce soon
i bought at 31 😎
ok. my apps are crashing
the stock market crashes only when people lose faith.
at least i know i have some brothers in arm who are holding with me
does this mean people are panic selling now since it keeps going down?
i get paid tomorrow. i'm sure it is just going low for me so i can buy more
the market is down because a lot of fud for crypto this week. china revisiting an old crypto ban yesterday.
who is with me, let us buy millions right now
i can only buy . im from a developing country
mine is on earn by crypto so i cant do anything :(
if only i have enough money for 50m shibs. i really only have :(
btc is also seeing its new lows in last 3 months
i am broke now, but will always hodl
anyways imma go to bed now (late here in australia) gn everyone, and have faith
btc is going down as the controversy
hope that waking up and we will get. millions in return
going up a bit
lol,just thought i bought the dip at 12 and now's 7.dayum,i'm just dying inside
lucky it is time to sleep here in oz, means i cannot look at my phone and see those reds for a few hours. hopefully wake up on the moon!
shiba to the mars
time to buy more!!
buy the dip and hold with diamond hands
maybe's time now to go to invest in other stable coins? just sayin
shib to the hevean
not gonna sell with -50% bank account.who's gonna do that,it is crazy
who is with me, buy 20 million right now
dont sell dude. you're sitting in -50%
not actual india. the cocreator of polygon.
you only lose money if you sell when the charts are going down.
both vb and him on my hate list rn
im coming for ethereum and polygon rn
wanna buy more... no money...
only crack heads sell
prices are going back up
i will buy even more! mark my words guys, end of the year super bull market;) greetings from italy
stop panicking!! we have seen this before. don't sell at a loss. the market is starting to stabilize and it is going back up.
my crypto.com app would not let me buy!?!?
what if now,after those massive crashes,the prices will go up to the skies? i wonder how i'm gonna feel if that happens 😏
smart people buy more
this is the dip people need to be buying now!!!!!
can i get chips with my dip atleast!!!
what the actual fk
i opened my app and it was up
why cryptos are going down and down...can anyone tell me the reason. bcoz of china or
it’s time to buy the dip
impossible, app going haywire
holders on etherscan still going up
been trying to buy the dip the entire last 5 min as it rose by 25%
this happened before because of china
china banned the crypto to their banks.they wanna ban all of the foreign cryptos and to implement their crypto
felt like a boss when i got it cheap. turns out, there’s cheaper than cheap!!!
india also trying to do same like china
things always happen while i sleep.
i expected to wake up rich
nah russia and india got us. aus next
after india i meant
i thought india are cool wit it
you woke up in war rn
thought i'd wake up rich, woke up with half of the amount of money i had.
we all out 75% in the past week, this is bullshit
be happy you still got half
slightly bummed because we gained the zero that we shaved off😭
lowkey feel this is a ponzi scheme for vb and polygon man
ehh its thisposable money, plus ima buy more today. its getting low low🤑
do not worry guys,listen my words.if the market was this week before 30,in the beginning of june it will be 50-60...just hodl!
u mean panic buying?
idk we could all wake up rich bc of black market money, im down
guys what is our next move
i thinkkk were all in for the ride regardless huh?
i brought the dip 3 times now but the dip just keeps dipping 😪
idk if that is a good idea,but i'm always thinking to get elon support for shiba...
i have bought at .00000666
i love this energy tbh
i feel elon tusk is gonna choose shiba over doge tbh
bought another 7 mil in the dip
lol, try me bitch i aint selling no shibas
where king kai at when we need him
nope. i maybe only have 500k shibs. but that will really change my whole life if it did reach 1cent
buy whatever you can to bring it back up!!
up 20mil after the dips . i was raised in the red
i hope india finishes its dump so we can moon
i can’t get in
my app is frozen
im sure alot of ppl gonna panic sell
great things are born in fire
yeah coinbase was down
but i am not gonna sell
cannot understand peoples who are panic sellin'
if it’s hedge funds doing this i’m a seasoned vet . the floor is now
safe with my 33 milly
own 28mm and holding!! just bought another 10mm at .00001156
only a fool will sell now!
im mad nervous but lowkey my heart is racing
i can’t buy in binance 😕
these prices are too attractive
slap the dip lmao
not going nowhere my 9.9mil are locked. why sell for half, buy the dip
prices are climbing back guys. hold
it’s the moment to buy
fuck this i’m going fishing
i'm trying to buy
lol they want half an eth to swap 5 bucks of eth for shib 🤣🤣
woohooo back to 1000
lemme all tell you a truth ma shibs. i am kinda autistic and have hard times understanding human emotions. while i am definetaly more capable than other people, it really helped me get into crypto and stocks and shit, because i can just analyze more freely and objectively. to date i made a few k out of nothing in the course of half a year. and the most important thing: the communities have made me so strong to do this. grants to us, we rock!
bought the dip. already gained
my tits are jacked for this dip
now i regret not buying it at 000006
goddammit it obey the superiors
if it hits that number again i’m going all out
i’m just sad i ain’t got no money to buy this dip lol
if it hits that number again, i'm going all in
it is not a dip, it is a sale. just bought 20m. hodling 69m now. i luv that number
i put my wife’s boyfriends beer money into the dip
bought the dip!! hold!!
i'm goin to be in a tent next month
rebuying not selling, wtf
it’s like sale day at all store but just in crypto
more like black friday in crypto 😂
diamond hands - what is a market crash?
dude,... solar eclipse,... 😂😂😂
so your at the store and there is a sale on your favourite dips do you buy them all ?
wish i had fiat to spend,... payday ain’t till friday
you buy what you can effort
i’m trying to buy but can’t!!!
my payday is tomorrow fuck
this is the moment for noobs to jump in! advertise shiba to your grandma!,...you’re local backery,...hell,...get some vegans to join
shiba the only vegan dog !!
i can’t afford to lose any more money, once i break even i may sell depending how i feel
bought twice this morning, great to to average down and wait for the markets to rebound after all institutions having to liquidate assets. by next week we should be back in action! so until then i buy the fire sales! 🚀🚀🚀🚀🚀🚀
i hope shiba loses another digit or three before it rises
just buy the dip= more shiba for us
welp, still not down to where i bought mine yet...
the crypto clock has been set back three months! buy all dips!!
bought 5 mil more 😎
crypto.com is assuring i cannot buy the dip
ahhhhh...we have arrived at the place in where we separate the mice and mongoose from men!
is it only crypto.com that is down?
don’t not panic sell
binance was shit had so much trouble buying it
i repeat do not panic sell
need moni to buy dip
everything is down. any lower we could say hi to a balrog.
the best time to buy is now
i saw few mocking shib over here not realising the whole market ia crashing
what is panic sell? both words i dont know. i just eat red crayons :)
tbh kinda crazy every crypto is down 30-40% today... def holding on for dear life but this all be driven by large players like elon and now government agencies and financial institutions- economic freedoms shouldn’t be fucked by the say of those who already have all the wealth they need. keep holding fam!
if you can even buy or sell rn. i don’t know if people are still selling but sure as hell can’t buy rn it’s all down
fr man, i have neutral feelings towards elon, but his recent fuckery is shady af
is this crash really thanks to china?
what is everyone buying today?
hold i mean seriously
to be honest, now is definitely the time to buy
i'm not selling but i'm ngl i'm fucking scared
perfect time to buy more
what tf is going on??? btc is even down to 35
i was trying to buy more but th crypto app is down
just bought 4millions shibs
if we all buy at the bottom are we the whales now ? 🐳
it’s not down. open it and wait it will open.
btc is following wyckoff theory patterns, you guys should look it up its going to do a reversal pattern and then i'm expecting spike to 85k
buy the dip team! ✊🏼💎🙌🏼
i’m like a kid in a candy store this morning
i'm buying these dips because when bitcoin is out of this dips it will be mooning hard
i’m 100% buying more once i get this money in my account today.
can someone explain why so many coins went exactly up and down at the exact same time???
was horrible but it is time to see the next 3 months
think shib has reached bottom?
cause markets move in unison
is 0000102 still considered a dip?
it's going back up guys
we are down because of bitcoin
i use etc as a measurement of how things are performing and it is going back up
that is how price related
is anyone in here scared at all? be honest.
because i am lol
so people think shibs is crashing the fact is its not...
buy more now dont regret later
we are down becausa technology and china. :s
bitcoin is bring us down...for now...
just imagine what bit will be this time next year guys. i mean worst case scenario we always have the thanksgiving bull run to look forward to
just bought £150 worth shiba from 0.00006
i'm so excited i hope ya'll too!
any shib hodlers frm india...?
everything is down dont fret. it be like that sometimes
today is like march 2020 in the stock market
just but more right now sitting on 31 mil even though crypto.com didnt make it easy crashing bad today
i have not been able to get on my crypto account, i want to buy more while the market is down... bummer
when you look back you will ask yourself. why didn’t i buy more
i’m actually buying more, never panic sell
shib holders from philippines:)
is [crypto.com]( working for any of you guys?
i gotta get some more
you can get onto crypto just gotta keep trying to reconnect took me 20 min to make a purchase
fire sale rn on crypto
timing is all about beating the network fees
guys, some token not listen yet that could explode like shiba?
i gotta call my mym
why is everything crashing?
shib hodler from brasil here
i may low gas buys with a 20% price tolerance
i think a billion people trying to buy this dips
just keep reconnecting and connect to wifi
crypto account crashing big time pure mayhem
that is why its crashing hard
as in the exchanged platform
me watching it burn...
what happened to shiba though!?
guys please can someone tell me some altcoin that would explode
anyone here that is scared - don’t be. stay here bantering and just don’t look at crypto prices.
thats a fakeout. its so that more people do buy crypto
i cannot even buy because crypto app crashing for 30 minutes straight
buy the dip guys!!
when people think crypto is done deal, that is when traders, investors know its time to buy
other crypto starts to recover shibs still losing
yes... they want to keep their people dumbed down and poor.
but i dont wanna be poor
so the people can depend more on the government
is there any news for shiba. testing started yesterday right?
this drop will bounce big boys!!!
it is the whole fomo
you think shiba is withdrawing for shiba swap?
shiba will skyrocket. if you don’t want yours, i am happy to buy it of you in this thiscounted price.
is it time bois??
buy it up hodlers. if you know, you know.
standing on 100 mill at the moment
we need fomo's and then we do not need fomo's
waiting for my pay check to come in and buy hahaha
i got like 5hundo tho lolll
i have a pretty good vid. that i found on yt about this, i can share link
i'm waiting for my transfer to go through
hoping shiba going to 0.001
i bet you, dev are waiting to release shibswap when bitcoin start to show reversal pattern.
i only have 2million shib... gonna buy more
man, we still good boys!!!
is kucoin down? i need to buy the dip!!
i believe shiba could hit a dollar
as long as you havent leverage
if we all just believe
yay, i was able to buy 10 million 😄
sold my wife for more shib
hold on to your dear life انتظار کرے
this black friday for the shib!
i'm about to buy 50 million shib
plus this is still mad early isnt it?
on crypto app, just keep clicking the buy button. keep going back to main dashboard. took me 35 minutes to get in line
its only been a week and 400k holders, so i think it could get to dogecoin easily
most of the website are crashing everywhere
but why is the shiba team so quiet rn
buy and double it tmw
gonna add for my 24m shibs.
wtf is going on ?!?
kucoin logged me out! 🤬🤬🤬🤬
thats the real queston
yes, i bought more, now i can sleep tonight...
i cant even see prices or buy or anything on crypto app havent been able to all morning after i bought 7 mil more
is there a reason why everything’s down
just bought shib 2 days ago. wish i had kept some money to but the dip.
bull market start right?
now is not the time for selling. now is the time for buying at a thiscount!
just sleeping through it
i feel this is what being a diamond holder is about
cant buy anything lol only flipping money on doge on robin hood nbow the peaks and dips are yummy
anytime you see a 2 in front of btc time to buy and bunker down lol.
only platform thats working for me
everything is biting the bullet hard
can shiba escape the relative link with btc
i am boy freakung selling
i hate roller coasters
i am about to buy
once shibswap enters, oh my effing god!!!!!
the sky is falling!!! 🤣🤣🤣 heavy duty umbrella: engaged!!!😎
safe! was able to buy a few minutes ago on binance but it was bugged, when i pressed confirm it did not proceed to load in the website but when i checked the binance phone app, i accidentally spent more than i should. but it is all good
relax relax ... dog poop ... i lost - -60%
this is a great time to buy guys
pov everyone saying its a sht coin or scam until shiba swap hits
you do not lose if you do not sell
good thing no one can sell. or buy.
billy knows why everything is down
you dont win if nobody buys either
it’s not a loss if you don’t sell. but serious be safe everyone! together strong :)
thiscounts on all crypto woohoo. still hodl 200m shiba coins. diamond hands 🤲🔷️🔷️
still holding folks everything till all the money thisintegrated. shib rocks
invest what you can lose
billy gas 1 billy coins and chilling
every platform is down for me its liek they trying to stop the crash
is the only real thing that guarantees our freedom !! don't let them take it away from you !! do not be an idiot!! holdddddd !!! if you bought let me tell you, you are the smartest person so far.
billy knows why all the prices are down
i have 7million lost £100 so far baught too high would love to buy now but it won’t let me binance bugged
buy the dip but don’t forget the chips!
safe... totally save... even i'm halfway inside the mud right now but still save 🤣🤣
trying to buy on crypto.com and it’s so laggy
wish it worked but it’s over ...
my 1 billion coin is worth less than 1
alot of big movement on ethernet
once this sh*t is over imma all in on !!!!!!!!!
this is one he will of a wild ride. i do not think any market in history has had such volume before
ive already lost 700. not like i can dump it anyways
worried effort you are dumber than billy and billy only has a 4th grade texas education
alexa play billionaire by bruno mars
shiba is at a sweet sweet thiscount
the whole world needs supercomputers now
imagine being so stupid to hodl when the market is crashing
dont be paper hand guys be 🔷️🤲
buy the dip is the answer ☝🏻
just sell and buy back at the bottom
i am down ,000 🤯
i love the bot
never ever compare . it is like comparing earth to pluto
lukaz i hodl bitcoin ten years and i'm rich so suck billy dick
i just want to say we're here for each other. if you are making a big lost in your overall portfolio, do not panic! it happened before and it will go back up! 100%
this is the end of the world guys apocalypse starts today
everything is crashing right now
if you dont sell . you dont lose any .
everything crashing because big players are pulling trillions in fiat from investments to cover gme shorts. hodl and this will rebound
crypto.com is fucking up and i can’t buy more!! really pissing me off!!!
you realise you make more money not just blindly holding and making smart market decisions lmao
welp back to buying doge dips. ive made more doing this than i have in a week of shib ownership
coinbase website is overloaded
lukaz i'm rich from blindly holding for years suck billies dick
we are all going to be rich!
couldn't even sell if i wanted to. crypto sure is down.
i missed the 0.00004.
i have 37m shib, but i want ti buy the dip now...binance is overloaded
i am , i will buy . do not panic, son day will up
retailers are giving their money to whales!!!!!!
not comparing at all...the market peaking and dipping so hard its easy to buy and seell fast and profit
just remember that shib is up more than 1000%. so a 80% dip aint nothing to the shib army unless you bought at the peak which means you should learn from your mistake and always remember to buy at the dip.
i am 30k down and not even blink
will the market stabilize and stay like this or is this really just a dip
i cant eget any platform with shib on it to load to buy more so im playing games with doge
forget trying to buy it right now unless you have like 8g internet and an alienwarr gaming computer
i really wish i had 1 billion shib. i'm only at 78 million. 😥
just bought my first
i brought more on the dip ... when lambo ?
just bought 10 million more shib
fuck the lambo buy a house
oh this sweet dip, all those "billionaires" panic selling
let us buy the globe
crashed the lexus. bought a porsche
shiba will go to the moon! look at every big crypto chart. they have a large spike it comes back to earth for a bit then takes off again! diamond hands!
i want a hummer boys
yeah diamond hands 🔷️🤲
if anyone wants to sell their crypto, i will buy it for .0000001 above market price per shib... need shib badly
i want a ranch with my own lake…
im gonna jump from my roof. im fucked
wide billy only has a 4th grade education and even wide billy knows why the market is down and to hold
i been trying to buy but crypto.com is on the fritz
i went down for those who missed the boarding
any having trouble buying more off of crypto.com
all of crypto is crashing, time to be smart, hold and buy (crypto you believe in)
my app just crashed
what problems you having on crypto.com?
mine said something about a gateway error
loading stupid slow and cannot buy
i just went from 300 to 2700 lol
crypto.com is showing backwards when trying to buy, giving errors
it’s crashing guys because so many ppl trying to sell
don’t sell, don’t be stupid too late for that, hold on and ride it boys
just buy it up with whatever money you got in your piggy bank
buy buy buy. but please pay the bills first
i’ve seen it at the 0600
eosup went crazy, 1.55 - 2, i sold at 2 and bought 1.55 like 20 times
i just bought 7mil and still holding
best time to buy!!
200 mil and still holding and buying more
trying to buy but [crypto.com]( blows right now
i would say go for the big coins and buy, nothing against shiba but there is a big sale on other things right now
tomorrow we will be millionaires
i have 186 mil and still holding
100 mill purchased. what a sale
shib gonna moon 100% be patient
the future is in the hand of the traders
i say 1-2 years you could make 500-600 percent conservatively if they keep the track they are on
is your crypto app slow too?
crypto winter has started?
this only the ground floor never ever gonna get lower ...
crypto app won’t let me buy
i wish i could buy this dip !
yeah mine is slow as hell
all the exchanges are overlogged because of the btc selloff
be patient with crypto . com
keeps giving me errors
so many ppl trying to buy and sell
already lost 50%+ zero or 1mil lets go
yeah that is what it is...
yes be patient on crypto
my dumbass bought 17 million more coins at about 10 and then of course it dipped down to 74 and i tried to buy more but my crypto . com app wouldn’t let me.
they give a statement and usually fix the problem within a couple of hours
at this stage there more new buyer than seller i reckon
hodl i want me an aston martin boys 😎
crypto. com is slow i bought 2 time the same amount
i love this community we grow with the day ... watch this in 1 year
yey all my money is pretty gone and im happy dont know why
i think it is the right time to buy but the price is so low. do you think shiba has a real potential ?
37 mil and holding on...trying to get more but it is not letting me in😫
cant wait for shibaswap and bury all my shibs...
just keep buying it :d
bitcoin is stoping retraimento on 50%fib think will start claiming up
we gonna go to moon then mars then jupiter and never ever going back to earth 🌍 we take off today 🚀
take off 2 pm??
100 million shib🚀🚀 hodl to the moon!
crypto.com is fucking me today
buy the dips baby let’s show them we ain’t afraid of failure cuz we ain’t gonna failure cuz we’re
wont let me buy more
i had that issue. idk if it will help but i bought usdt and traded it for shib
i am not selling. hopefully goes to back to 2000
keep trying to buy folks. just bought another 20mm on crypto. had to keep trying…
love the thiscount (;
usdt work on binance?
bought more, now i have 30 mil
wide billy spent 8 dollars on his billion coins
25mil total now! buy and hold
1k gets you how much shib?
damn bud well i just bought some
whoever sellls during this dip your mom is a🗣 hoe!!!
keep trying it happen to me to but end up allowing
everyone buying on crypto.com that’s why it keeps crashing 🤑🤑 shibarmy strong💪🏼
feel like cleveland in the bathtub
just got in from trying and trying. 30 more mil bought
people need to remember how much shib is still up in the last month
it is a fuckload
i'm trying so hard to buy
amc and gme!! are going to squeeze!!!
that’s the reason!!! wake up!!!!
i cant watch the chart
makes me wanna cry
i'm buying more shib and holding 🙌🙌🙌
they doing this to shake us!!
i want to cry ... really
did china ban crypto again ?
i literally called this last night lmao
buy and hold for me
binance would not allow me to buy anymore 😭
is there a finite amount of shib coin?
i cannot also buy with my card 😶
i woke up and panic bought
someone asked me when 1b shib was 8 dollars
help i cannot buy...it said there is no available channel
look at a chart geniuses
should i get yfi or shiba ?
i am so tempted to buy the dip again lol
dumb boy just buy shiba hahaha
hey so could somebody tell me why binance is not letting me buy more shiba?
i bought another 10 mil shib. this is just an opportunity for more
i only use binance shet
what price should i get at shiba ?
this is happening because major players are withdrawing trillions in fiat to cover short positions.
why is some people saying its cuz of china?
not because of elon.
i bought near the ath and lost zeros in my value... cannot go anywhere at this point so i'm locked in for the ride and buckled up.
then why are why talking about buying and holding?
i cant buy shet
because it is a juicy dip and if you buy and hold til it goes back up you make money??
and if it stayed going down for ever>? what happens then?
its a juicy dip but they wont let me lower my average
then all our money is dead
the dip is so dip
this whole thing started with elon...you do not agree? after his bitcoin tweet.
thing is elon hasnt sold any btc. just holding. like you should
do not fucking panic sell
i always buy dip but now i cant buy anymore shet
if a coin value drop to 0 then what will happen ?
portfolio diversification buying here
anyone else having problems with buying on binance
loading up the truck
someone lied to me i was told i would be able to buy lambo by now😔
they said no open channel
wow seriously talking, anyone professional here to tell us when is shiba supposed to reach0.01?
bought 3 million more
maybe they wont let us buy since it is low
what ever i make i am reinvesting
is 0.001 really realistic when that will create a vast amount of millionaires...
lmaooo yeah i cant
eth dropped to 2500$. i am still in profit
lost 80% of my money with shiba
did you ever hear the tragedy of darth plagueis little dick. little dick didn’t buy the dip and lost his lambo.
u-wider-billy with that context, fair enough
will buy more shiba -
i have 3,200,000, i’m more to investing. so hypothetically if shiba was to reach a 0.01. could anyone estimate what the reward would be?
doge and shiba both getting wrekt rn
thank you for all those too weak to hold the line i was able to buy 60 mill for what i got 18 for the other day 🤠
you didn’t lose 80 percent you have time right now to buy more at a better price and when it goes up up up and you own more shares now then your next post will be i’m up over 1,000%. you can’t have fear in this game
elon is crazy but no idiot
just pump and dump a load of new coins. worst case scenario you lose a couple of hundred. best case you pump and dump
i like shiba and will get more
it’s also the best anti dodge coin
transak is currently unavailable due to large volume of purchase transactions.
kudoro coin kids, bang some into that
hey guys, i still hodling a hundred million shiba and akita. is it worth to keep holding?
i believe in shiba
this was a good time to buy, unfortunately\\ all [crypto.com]( has been a pain
what happened to crypto.com i can’t buy more shiba
i see it hitting 10 cents, but it would take a few years and
by it on gate.io
if elon tweeted about shib, things would immedietely be different, and predictions would change from years to months...
don’t get emotional over a loss. invest what you can afford to lose and tighten your arsehole hoping
we are going to go through a bad time let’s hope it’s short but my advice to you all is hodl
no fees or any shit
every single one of you who is emotional right now will fail in the long term
all that do not have the stomach for shiba, this is my address:
elon has lot a lot of credibility in the crypto world
it is a good time to buy
this same crap happens everytime
not fucking selling 🤣
coz many indian brothers are hodlers too
how much has india sold
sadly they have been hit so much in this c**** virus
people need to fucking relax
u, plus multiple other cryptos, so fo with your negativity
it’s a buying opportunity but we won’t be rich overnight
the whole crypto market is down, hang in there we will bounce back even harder. if anything buy strengthen your positions!!!!!
we need to hodl and accumulate
shiba is resilient. i believe in this community. it’s zero or millions for me. hodl!
tesla stock?? down big time lol
u, that is irony at its finest
will it will drop to 0.000006 again ?
just buy if you're comfortable and sell if you we dont care
i bought 2mil more while it was on sale
shiba messiah is not smart he is dull and weak. wide billy knows a lot. listen to billy.
this is a great sale
i just bought more. nbd
guys shiba is great truly is i’m up still over 1,000% but also you can buy more cheap now and also xrp and xlm. don’t be afraid of red days they are blessings from the crypto gods
i just buy shiba at 0.0000017, i still having profit
always be reminded to invest what you can afford to lose.
i dont like the shiba team is so damn quiet
yeah i bought at 13 still way up :d we good yall let it recover
but im also excited at the same time
if you bought at 0.000030, i really wouldnt worry, hodl and come back in a year or so and youll be happy
i used gains i made from litecoin to buy shib
you are not strong. you are weak you are narrow sighted. you have no ability to see outside of what's right in front of your face. you have no experience, you have no knowledge, you have no power over your own weak mind. get that shit out of here
i bought btt and shib and atik
you have no pants
just waiting for binance to process my £100 and we going back for more
you have no tacos to speak to me
you all must be willing to lose all
all you can eat lambo buffet
you have no nostrils to smell
you cant eat the bacon on the trees
sorry is this the mad libs channel?
u, just odd that you want reactions
uwu shiba on the rise again
nobody is mad, just none of us are 13 years old and want to put up with your cringe. you've got as much edge as a pizza cutter.
god!!! it’s rising !!!
oh look its going back up everyone - clouds and bunnies!
we need vitalek's head on a stick! he's a pos!
all in all in
now you're talking about covid, and masks and blah blah. you're actually retarded. sorry your life is so sad that you have to act like this. must suck to live such a shit life.
i actually burned 1 percent of my shib :d specifically to help long term
you just talked about your "3 inch pecker" and saying absolutely wild immature stuff. i say cringe and you use that as your retort? actually retarded
elon just tweeted that tesla has 💎 🧤
what do you guys mean by burn ?
i think the market started going back up
lol is this a call of duty chat room?
everyone listen to billy. nobody listen to messiah. easy enough
i am holding 🔥
what's the reason for burning?
it will go back up, always does. this is a long-term process, of course it’ll go down sometimes
you do not care about us. you came in all emotional, name calling, saying we ride the devs dicks, talking shit about india, covid... you literally do not care you are just back pedaling for looking like an absolute troglodyte.
i put in 8 dollars it is worth over 10,000. but i guess it is worthless!
to all the paper hands!! stop! selling
seriously. this is too much. im selling rn
i wish i put in before the binance listing
i don’t wanna brag lol, but i consider this an opportunity to finally reach 10 mill in coins, so now i feel comfortable saving. nice even numbers.
just a thiscount! keep buying!
devs didn’t force anyone. they aren’t financial advisors
this is a fuckin ponzi scheme for eth and matic!
you would not regret buying these thiscounts!
just got another 7m coins
why don’t we talk straight with shiba devs
this is a thiscount i’m buying more
i do not give a fuck! how much minus i am. i bought shiba to become not a millionaire, not a billionaire but a fucking trillioner with a fucking t!! i am not selling!! 🚀🚀🚀
for real. send me your coins if you don’t wanna hold
i spent 8 dollars on shib less than 3 months ago and that is now worth over 10,000 dollars. everyone here who is emotional needs to take a break from their screens.
why freakout when everything is down lmao, what goes down must go up
the whole market is fucked. if it was tanking in a bull market, i’d be worried. but the whole market is struggling at the moment.
shib will bounce back and break new highs once everything settles
u-dot1992 really logical point
i never told anyone to burn their coins and i never said anything about the developers so do not put words in my mouth idiot. can you even spell crypto?
i only spent 100€ at the best moment and i own a 100million shiba right now! i'm having profit so... hold!!
this is nothing new in the crypto world
vb happened to send all that money to his buddies new charity?
this is such a lovely time in the crypto community to buy up.
and the whole team is made quiet.
for the people whining & not holding through the dips congrats, you have small pp
people talking about vb sending to charity but nobody mentioning how much he burned. the bias in this chat is unreal
doing my part. just bought 33,000,000 shib!
it is mad sus that one of the richest men in the world wants to open a new charity and dictate where the money goes instead of blindly feed to to one of millions of corrupt existing charities? okay 👌
especially as youd think this was a nice community
very well could be a black market ponzi scheme. involving many nations
will buy more after it goes down a little more
hodl, buy more, or send to me:
fuck it just hold or buy the dip. its only a loss if you sell.
wow, you said do not listen to billy and then literally telling everyone what i've been telling them to do all along-- hold. you're actually retarded and cannot read
buy high sold dip
wonder why both doge and shiba dipped at exactly the same time. its the polygon man
wow elegant you are stupid
i have a 4th grade texas education and having trouble talking with you retards
itll go up with the next halving regardless. but im more interested how itll grow
im uninstalling my wallet, opened it 5 yrs from now 🤣
this is a long term investment. don’t expect it to reach a cent or even half a cent this year.
bought at 3300, sold at 800 yay
okay so lets say the messiah is wrong and billy is right
just got another 7 mil on this dip. let us go boys!
so we either hodl and wake up rich
no but after bitcoin everything jumps
or go broke together
this is the total colaps welcome to the end of the world 😂
you do not wake up rich. get that out of your head. this will not make you rich over night. it will make you rich over years.
or wake up rich and still hodl then get completely dumped in
crypto just let me buy more !
all sorts of hodling today.
i’m gonna buy more!
if it dips again, sell more
gonna probably buy some more when i get paid.
we all seen that shit explode overnight
i put money itll happena again
im not getting out of bed before my investment ×1000
elegant, you do not have to bet-- it will happen again.
then thats when itll dump completely. 100%
i just bought a bunch last night🤣 could have had the fire sale but i’m happy regardless.
i jk billy. i gotta talk so i dont pancic sell lmao
when lambo ? 😂😂😂
tothemoon??? no! we're going to cross the fucking galaxy
if we being 100%. you can tell the team and community stand behind the shiba coin. so to the moon no matter what
i’m not selling! 🙌🏽
how does everyone feel about shib i’m considering dropping some dough into it but i seriously don’t know if i want it seems this “doge killer” isn’t killing anything but itself
i panicked and bought more
😂😂 it was close though.
elegant you're fine. i will answer anyone's questions. it is hard not to get emotional when you see money moving down instead of up. it is hard to know what to do. in the world of crypto these dips are inevitable. these corrections will happen and cause panic. if you just ride through that it will always correct itself and continue it is path.
not worried about the recovery. but to find purpose and grow out the community etc. keeping trust in the coin... these are super important in crypto
lowest price i've seen. buying now lol
it will moon eventually, just not in a bear market like this, and it’ll probably take some time
boys and girls, let me tell y’all this. i’m guessing most of us are 16-28 years old. work. work. and save. invest. you will not gain wealth through day trading, but through diversification of investments and assets for the long term. focus on working and saving. you may become a millionaire. you may not. but if you’re wealthy enough you can always move to another country and have your money stretch there.
i bought more last night
i have bought 500 usd now
shiba still rising guys. funs over
all crypto are killing themselves right now. not just shiba.
but isnt that good
yeah man i can’t even open my app let alone sell lolol
nobody is killing themselves. major players are "killing" everyone because they are withdrawing trillions in fiat to cover overdrawn short positions in the stock market.
after correction everything willl implode
no. the wealthy are manipulating the market to buy up coins and shares from those that are poor and desperate and ignorant of investing
no sell - i hodl it 🔥
if i buy more the dip i will lose my wife to my neighbor
i never ever panic sell.
m buying today tell me process
i’m broke af atm so i’m just riding it out with my 5 mil 😂
i'm holding 55million shibas. i would not sell ever
i was buying shib up at .0000074
5 mil. you got to pump those numbers up
i am still on profit even with all of this. why? because i holded!
what will frist 1 dollar bitcoin or shiba ?
i just tripled my shares
350 mill and still holding. like holding in shit trying to find a bathroom when you got the runs
on its way back up!
lets go shibaaa comeback like wwe undertaker
i am doing panic buying now
just bought sum more
i think it will stay negative for the day
i bought 12m more
we are sinking my shiba nation !
currently holding 49 mil
going to put 500 more
recovering faster than doge. this community is bad ass
will not sell this!
i woke up with 30 mil. i now hold 80 mil.
was time to buy
last thing i will say before billy leaves so if you care, read the following: shib is still very early in the stages of it is life. doge in 2015, six years ago, was said it will never reach a cent. look where it got. shiba early price hikes were due to luck more than anything that put shib in the mainstream limelight. it could have happened to any dog coin but it happened to us, you chose the right one. the current dip across the whole market is due to mega players withdrawing trillions in fiat to cover overdrawn short positions in the stock market-- they are probably shorting the coins as they sell to cover their losses. once this has corrected not only shib can get back on track but the whole market will boom to new levels never seen before. buy. hodl. step away. this is not a short play.
kinda the max i'm gonna have ngl kinda big money for me😂
i lost in 1 day more then 6 months in las vegas ... crypto:”when lambo?”
since bought it, never sold, only bought one more time. hodl!
haha the tittle shouldve been. "are you saf, sad as fuck" 🤣
i bought .0000165 and i wake up today and see it at .000011. yikes! i'm frustrated only because i do not have more money to spend on the coin. 😂
time to hodl. do not sell. buy buy buy
people who hodl have big pp
welcome to the las vegas ❤️
i bought from the begining, it all looks up to me :d
people who hold have huge pp
bought 28 mil more
lmao just went to toilet and see the gainz
i look at it this way. odds of hitting powerball even the the 1 million jackpot are 1 in 12 million. waay waaaaaay better odds making a million here
even when it goes down🔻 it is all profit! we will all get there!
i'm reading sum big pp energy
yeah. i held. but i'm also pretty weary about all the faux optimism in a way.
lmao safe and bought more at.000008762
that is all lost now x) either way though 💎💎 🧤🧤
we hodl and we make it
yup! did not budge
u also garbage bro
lmao you talking shit about shiba in shiba lmao
let us do to shib what we did to gamestop!
is safemoon connected to moonbeers.club any thought about this ????????????
who cares if china is going to ban crypto.
we will still buy
fuck china. we do not need them!
i bought the hype and so far it’s been ass
i’m holding 50mill who next say theirs
i bought more today 🤘
those who saying shiba is a failure etc, can we agree that once shibaswap is on and you will be buying again in a rush, you upload a video singing naked? lmao
me too.safemoon and bonfire
hold and be patient. the only bad decision is selling
bought another 50 mill today
i dont get people saying its dead. its just getting started.
i bought no hats' shares today
if everyone is buying so much why are the numbers still so low?
might fuck around and buy another 50 tomorrow
same thing was said about doge lol
now it’s up 6000% from the last 6 months
exactly why are the numbers so low and so many people bought in
anything even now buying is a steal. a month or year from now you will be dropping 100 bucks for 100k shares not a million
i would rather lose all the money that i have put into . that's conviction!!!
to the people panic selling; if you dont have the psyche to do investing, dont do it at all lol
i see death btc people ...
i’m not selling mine but i s been thisappointing too much hype
best return on doge now is what maybe 2x or 3x if you buy in now
shiba is not listed on robin and it never will
i could not even get crypto app to install, very glitchy
only problem for some is cypto isnt open in ny:(
i'm sell dame nothing.
crypto.com is a bit slow. but overall best platform!
of course fuck robinhood i would want it to be on coin base then robinhood more revenue for us
at this point its not even worth selling
no its not. so hodl
any news on shibaswap
i downed my ada position for more shib today
we need mt.gox back listing shiba to tha moon
i hold 12m like to buy more
i got 16 mil. bought at the peak
30m and holding firm
😂. all good here...
doge was 0.0575 2 months ago
50m. down 400$. still hodling.
everyone go share the reddit page to everyone on your social platforms now, and go!
it being listed on coinbase would help shiba so much
i just bought shiba
only new news from shibaswap is that vitalik send 5billion to test the network today
bought .000007. already making gains
fuck celeb endorsements.organic growth is the best
buy up this dip now kiddos! the bounce back (and gains) will be tremendous...
i'm not buying cause i do not have money, i'm not selling cause i'm not stupid
coin base just killed bitcoin that’s why it’s crashed
buying on sale today - yes!
please you guys, hold!!!
who believes that shiba goes today to 0.000005?
just missed the. 000007 price!
safe 👍 average .12
super duper duper -- duper duper duper...haha
what does "have diamond hands" mean, guys
i just got 10m
i guess everything is in the rad even the stock market
i only lost 400
just bought 17 mil so let’s go bois
nothing to see here, back to your regular programming
they can touch our balls on the airport but not the coins that we hodl ! hodllllllll
what does that mean cooker1212
500 mill and i’m chillll
well its china and its cracking down on crypto.
aaand another 117m ... till next jear!
anybody know why kucoin is cheaper than crypto.com?
crypto.com didn’t allow me to buy until now. ffs i could’ve bought more...
i got shit hands now
just bought some more 🎢😂 loving this dip
thays why its panic selling
shib is very bullish
yeah so dont worry
means you would not sell no matter what
rest of the world is buying
yes i wont see at all
paper hands burn it the fire
be fearful while others are greedy, and greedy while others are fearful 🙌🙌
who the fuck needs china anyways, we’re all going to the moon without em boys. strap in, it’s show time
why hodl instead of hold?
i sold 10% of mine
i shouldve known diamond hands
we are the best community in world, we got the world we don’t need china and giu shiba is fine in this crisis 🤞
russia is no competition
we need sri lanka wake up
bought 14m lets goo
hold all the way to the end
hopefully india appreciates this
i'm guilty of panic buying lol, got another 20mil today at 0.000008
idk guys just bought a little more shib but i am not sure about that
safe from norway. stay strong and hodl!
im safe. 7mil coins hodling strong
safe holding my 64 mil.
it is the 2017 panic sell off again, no worries y'all i'll be back to see you in three years when we're millionaires
yes loss with 3k but strong
holding my 9.9m coins
be happy with this dip ...
safe holding my shiba inu coin
the dips make us stronger🔥🔥
this is just the begining
just bought 50m more during today’s clearance sale haha
what a great buying opportunity. just doubled my holdings before my morning coffee.
dips are there to buy ...
wish i could have. crypto.com crashed
it was down too
i request to all please create hype of shib and dont sold until it touches 1
i was able to buy on crypto.com but i’ve heard people having issues in both that and binance.
my money comes next week ... cannot buy anything 😢
there both working now but missed the big dip
back up a little...
don’t just hodl... buy buy buy buy buuuuuyyyyyyy!!!
binance not available in us and crypto.com has been a week since i registered. im trying to buy
i spent all my money this morning 😫
any other places to buy??
i want buy other shiba
im holding 175 million im holding🏁
doge&shiba to the moon
if something drop 30% and you sell you are a certified idiot. thats all i know
we must help shiba to change the world
smol shibe here but still holding strong
i thought crypto was acting crazy... was trying to buy more of everything...
right now i'm glad i did not buy more earlier on last week.
against a unsustainable world
just bought more today!
guys we need to face the indian liquidation too
35m and safe 🚀
kings we need to push that shit to the moon
market meltdown but holding strong 20million. geez! shit was booming and bang. must be that elon musk threat to only deal with dodge hating on bitcoin now he gets to buy all dodge coin and becomes the 1st or 2 whale holding most coins. these billionaires manipulate the market and people freak out selling. what goes up must come down but will rise again like the phoenix. he may also now buy more bitcoin since it’s now cheaper due to paper hands selling. dam! shit sucks ball sacks i tell you. 🥺
bros, if im down 80% from what i bought, i aint gonna chicken for the last 20%
so mad i spent 1k before the crash.
this is so much bigger than us!! shiba has been set up for permanency after this debacle so honestly i just find it all kind of entertaining :)
39mil in the kennel
safe 30m shibs and holding
we can make hype
for those not familiar with the best strategies for buying crypto: when the market is green, you hodl and when the market is red you buy! see how there is no color in the market for selling!
we are safe <3
40 mill safe and holding
holding and bought more!!! think of it as “shib is on sale!”
enjoy the ride! turn your phone off today and this week (maybe even longer) if need be!!! we are a future currency
570 mill safe. hodl!!!!!
we not safe til india done bsin
we all bought shib to become financially independent
my dudes and dudettes, i am not selling nuthin'.
what's everyone's talking about you did not buy the dip? looks as if i might make a good profit today on just the dips
it’d be stupid to panic sell losing money
16,000,000 shib and hangin on
safe, i'm a shiba holder 💪🏼🐕
the polygon mankeeps cashin out
need to push that shit up to the moon away from elon bastard
we aint mooning til we get rid of that whale
i missed the .000006 by an hour, damn xd hoping it drops down again for those sweet sale prices
shib is on sale right now. load up!!!!
no panic selling here!
not only did i not sell but bought more
i panicked, man i panicked and picked up 5m more.
added 20 million more
sell? i bought the dip.
bought dip big time!
can’t sell. my portfolio is now worth exactly what the price of shib is.
you sell at a loss you lose fear in the market is always the best time to buy
i just bought in at 10mil - what is the average amount people are holding? trying to end up mid-range
bought 3.5mil more kek
the market is stabilizing a little bit. 😁🚀🌑
100m is a decent amount to hold especially with the speculation on the price this will hit
we should be good. the entire market seems to be stabilizing
had to buy more on the dip
if you put 100m coins to 3 percent its like 3 million free coins on crypto.com
getting close to 1b gonna hold till liftoff
damn i can’t believe i missed the .000006
dont want a lambo but ill take a koenigsegg 😁
bought more on the dip. how could i not? 💎🙌
yeah i bought more at .000008 missed the big one.
is there any way you can notify urself of shit like this lol, only reason i found out was cuz i looked at twitter
i saw it on rh, the crypto
damn, is there anything like that on binance
fak i cannot buy
it was strange though how btc, btc cash, doge, eth, ethc all had the same pattern of plummet
shib to the moon 🚀
the entire crypto market got scared at the same time after the tesla business.
im kinda new to crypto trading is shib worth investing in?
what even caused the dip? something elon did?
i would settle for a penny 😂
i'm safe and hodling...this is a long-term game, and in the long run: we hodl, we win!
on top of elon's btc talk
entire market is tanking lmao, nothing to do with shib
thishas nothing to do with elin stop. things like this just happens ot crypto. whales dump whales buy
china is the issue at the present time. it’s all a game. they’ll be back once it’s low. they’ll buy it back up. just watch
china news is the same old news. it just reiterated what was already said
to the moon we shall go!
ima go take a shit
you people blaming musk are absolutely ridiculous. the man never held your hand when you decided to buy into one of the most volatile markets out there. either grow a fucking pair of simply gtfo
300million shib coins and holding strong!
just got some more in the sales off season
not blaming elon at all but his words have caused some rift in the crypto market but not enough to really hurt anything
yeah, apparently everybody's a gangsta on the internet. stop hating on elon lol
time for dca guysssssss
hodl and it will all be ok
i'ma buy a little more shib in the afternoon
ultra safe, even bought more
ya'll remember the fire sale in black ops zombies? well this is the same 🤝
i like elon he has some interesting ideas, and what hes done for space is incredible
i bet the man speaks bad of crypto just to buy more tokens
just capitalize and bought more
crypto goes down. crypto goes up. it's simple. buy and hold. (no financial advice)
my poor profile is now looking like the red wedding.
china is just trying to keep their ppl poor. not allowing them to use crypto to buy anting at all
133m and holding... not selling before 0.01 and even then not everything...
crypto is not an investment for the paper handed.
just a memo china didnt ban crypto
send vitalik buterin more shiba only his burns can safe us 😑
im more mad that the dip was 3 digits at -55% and crypto.com and other crypot apps stopped working i wanted to buy more *panic buy*. back it 4 digits now at -26%. im just so mad lol.
i sold all my doge this morning, it dropped further and i bought more, when i bought more shib because you just never know
it banned financial institutions from allowing transactions involving crypto, so no it didn’t ban it directly but come on now it did.
i have been avoiding my chores by reading the chat
there are two types, the ones that cry, because they can not buy the dip, because they have not received their paycheck. and the ones, that think a normal fluctuation is a crash, why they sell, also called bitches. hahaha
safe with 2 million shiba in wallet 😏
chillen at 70m now we forget it exists and come back in a year or 2
amazon accepting crypto would shoot crypto to alpha centauri
at one point i think 100 usd at 55% was 15mil coins. i was 10000% prepared to drop 1grand. thanks to crypto.com that pipe dream is gone.
what did crypto com do?
bought more 50m more at .7
i buying 1 billion shiba tommarow
177mm and bought more today!!! hodl till death do us part boys!
only thing that changed for me is i hate binance now. blocking me from buying the dip!
they all went down
they all did, with people rushing to buy
to much traffic guys
gonna be a constantly dip with all this bleeding
if anyone is worried about the market dipping just do more reading and hodling. if you're complaining, you're either a paperhanded bitch or whining because you put more money on shiba or crypto than you reasonably should have done. no excuses, we should all know better, its time to quit whining and keep winning. positive attitudes everyone 👍 💯 we'll be back, the groundwork is there and all press is good. imagine the people hopping on these thiscounts asap.
yes...had a smart chain buy stuck for 4 hours
still manage to buy some at 55% down ouff
it was 8am usa michigan. i see shiba inu 3 digits 800. i jumped so high to buy more...fking crypto.com anyone know better platforms that can handle high traffic...fyi coinbase and few others had same issue.
crypto crashed again lmao
crashed on false news like always
etc went down to 37, bought a few and they canceled my transactions funny how that works.
swap needed lol this pop could go pump fast
been at work for 3hrs doing nothing but watching crypto...lol
ive been waiting for my crypto to go up so i can sell but it only keeps going down and now its even worse 😩😩😩😩 i aint neva getting into this crypto shit again
who all got money in eth and polygon
if i had gains to throw to it i'd throw it across a myriad of these dips. they're juicy
we just pull them shits if shiba pulls
i also stopped sleeping. i look like the crypt keeper now but plan on some cosmetic surgery after it launches. lolol
i bought more. friends are calling me stupid. i call it gambling... tomato... tomatoe...
i converted a few other coins to shib during the dip earlier today and am up to 20,000,000+ and will hold until we hit .01 at least! don't care how long it takes. i will get my lambo.
dude get safemoon and and sleep better
i hope we safe jaha
millions more in shib to burn
i wanna throw another
atomic wallet has shib now thats fucking insane. idk how it doesn’t go ups
i want more, but crypto.com would not open
safe moon been down too
safemoon is and always has been a rugpull afaik. what changed?
crypto is not for the weak. keep that in mind 💎🙌🏽
gambling? ive lost more at a casino in 20 min, so this is good :)
everything in life is a risk i only risked . the pay off can be huge. nothing is a guarantee...thus you have to have faith
where can i buy safemoon?
but rug pulls 4 broke bums
other than crypto.com what is an easier way to buy? i’m in the united states
safe, just spent what little money i had and bought more!
fuckn christ i wish i had more cash to buy the dip
i’ll throw y’all .01 😂
add safemoon to my 100 mill shib and id be golden!!
nah no burns from private holders unless they are crazy. we take coins out of circulation but staking in the swap
lowkey majorit out over 80% so i dont see how anyone gonna sell
pay day is friday i’ll drop another grand
hopefully it’s still low
i managed to get some more at .000008 😌
eth was at 1800 at one point
what a juicy price
dips are meant to be bought
when we hit 0.001... will all be worth it
i am not selling, i rather sell my wife and kids before i sell my coin
its called dollar cost averaging its a legit strategy
buy the dip just to burn?!?
imagine freaking out after investing in something as volatile as crypto when a fluctuation happens.
just selling all shiba for kishu
i’d like it to hit .0003 and i’d be happy
are we safe. yeah sure market goes up and down. the real question is how do we become safe when it comes to buying and selling on these apps that have *issues* during perfect times. how can we hold them more accountable. yes we are doing risky things but doesnt mean we should be screwed over. also if you guys really wanna become rich for that one pay off dont panic sell just hold it. if you are losing money their is no point to sell. take the chance for a potential rise. if this shiba inu coin is going to work we need to seriously stick together. we should all be helping each other become rich. im tired of my 9 to 5 job. i want a yatch :)
do people who buy crypto actually know what they are getting themselves into? if you are here for a quick buck please reconsider your life decisons. don't worry, we diamond hands could donate you some money when we drive past you with our lambos 😂😂 *sarcasm
i bought 2k worth of shib last night
anyone know how i conjure up ba'al for this
i should’ve waited 😭
you guys think kishu will hit .00001 when everything get better?
or should i go in my bathroom and say juicy j 3 times
im okay with fucking up and all of this cause its my first time getting into crypto so i have learned alot in the past 2 weeks haha
what are we thinking the low for today will be? do we think we last it or it’s coming?
until i have 3 billion shib
my diets gonna be ramen
bought more shibas al .12 wanted to buy when it went down to .000008 but i couldnt because cripto app didnt let me so i ende up buying at 12
hiring a new sugar mommy perks include uhhhh memes. i'll buy crypto with sugar
hello shibaarmy, i have purchased usdt on coinbase with my credit cart one hour ago to buy shiba but since then i do not see may usdt on my portfolio. does it take more than one hour or there is something wrong?? please help
as soon btc is gonna stop dumping this is gonna go to the moon
people will turn to the alternative because of utility
shib has a lot of 💎 vs 📃
bought the dip!! i am safe
yes that was a nice recovery from 0.000006 last night. shiba army strong
52mil strong. never sold. always buying.
eh from an investment standpoint shib went to -55%. it just looks a bit better because we're not dealing in thousands of .
can it dip one more time so i can buy more! lol
hold... and bay the dip.
panic selling? we only panic buy on this end
didnt have cash to buy in dip 🥺
i dnt even care if it drops another 50% im not selling
holding 53 million!!!! 🙌🙌
would rather buy lol
whats happening...!!!!! i see an early black friday... 🤔 should i buy even more... 😜🤣
100mil here. what is “selling”?
not selling just buying
50mln stay strong 💪🏻 and hodl
i missed the big dip i wanted to buy more 😭
hodl and bought some more.
is 13million shiba worth holding? i see everyone with 50m 100m will 13 even accumulate to more money haha
safe to sell? how? what? why?
yeah i was only able to put in another . would have liked to put
guys read my post and tell me what you think please.
anyone else seeing all the feedback on pending buys on shiba?
i tried buying at .000010 but it woudnt let me
seems to me like a rubber band being stretched and ready to go
195 million. “i’m not fucking selling!”
will shiba hit .01 tho 🧐🧐🧐
100mil coins = 0.001 is 100k 0.01 is 1mil 0.1 is 10mil
40 million, holding strong
5 milly, technically a millionaire
70,000,000 and holding! ps. buying the dips! 🚀🚀🚀🌛
weird that it dropped after the burn
honesty could care less about a lambo lol i want to jump start my position and ensure my children’s future
bought more - yeah i’m safe!
hahahaha...many people buying right now
exactly i've been saying this but no one listens, it is embaressing how little these buy shib and become a millionaire idiots understand about cryptocurrency
every 0 that is taken off, is another 0 added to your profits.
youre gonna wake up with nothing because shib isnt a get rich over night, its a long term investment
i’m safe! just did get to recall wherefore thee hath bought in the first lodging. hodl festinate. hodl stout *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
my mans in a cryptocoma hahaha
most likely. people got paper hands. means there is more for cheaper for us
did you get some guac with that dip ? 😁
it’s down for everyone because they are panic selling
source? sounds like a good read
i think a lot of whales own a lot of the same coins
corgi inu token is 2 weeks old, worth buying some
something happened in china
so everything about to boom like back in 2017?
true, it is also to stop revolts, keep the population worried on what they will eat tomorrow and they will ignore any social injustice. once people start gaining wealth they relax more and open their eyes to the world around them, that is exactly what the chinese government does not want.
is thither any news f'r shiba. testing did start yesterday right? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
it did start yesterday... did not look for any news yet
that would be nice, but realistically i think 0.001 is realistic target
the whole market is crashing. i don’t think there is anything that they have to say. nothing has changed
black wednesday may super mega sales!!! get more now while it last!
hope i can be you right now
until you see the next dips lol
its a accumulation of different events that is causing this panic
bitcoin is bringing the market down. look up on youtube how bitcoin is related to all other altcoins you’ll understand
no way you could have known. do not let it eat you
true my man! also
dayammm i'm so jelly
yeah only invest what you can afford to lose
say it loud for three people in the back!!!
lower profits or completely in the red?
bro gonnabe a billionaire
lolz yeah... like comparing 🍎 and 🍊
took awhile for me, but i was able to secure another 2mill. hang in there, keep trying
i only have 16 million lol
when this reach single digit we will 😂
hummer it is glades!
i wont even lie. im with you
me too bro! it would not let me
"the price is so low" when i bought 1 billion shib it was 8 dollars. 1b around 10k right now. yeah price is so low
we're all a little fucked lol just hodl
it wont let me buy anything keeps saying error try again later. but i tried again like 2.3 seconds later and it still didnt work lol
yep it works in binance... create an account if your country allows it
you got lucky. been trying for 20 mins now
right there with you. bought another 17 mill at 10 putting me at 133
if you think hedges give a shit about your dumbass joke of a joke coin you are as dumb as a rock
things dont happen over night. look at any other successful crypto chart. lots of ups and downs. thats how this works!
i just bought 100m on crypto.com, try it there
when i said the price is low . i talk about this last month...
you're asking on a shiba sub the fuck you think we gonna say
ho so couldst somebody bid me wherefore binance is not letting me buyeth moo shiba? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
so this happened before? that a crypto just vanishes?
you are actually retarded please sell and leave
vitalik burned the shib he had
you are mega retarded lmao
hey bro send me your shib
i will send you my address if you don’t want your shib
couple of years. so sit back and chilllllllll
you're no messiah! lol let my people go! lead us out of bondage thou shalt not rug pulleth!!!
.001 is the realistic top, is what i'm saying. someone wanted a professional opinion so i gave it. .01 is not possible. .001 is as good as it will get.
do not buy on the hype. buy when noone talks about it. do your dd
with how emotional you are about this, you will never make a single successful investment in your life. fuck off
you could expect a max return of say 32k with that (best case)
sorry it will not teach .01 it can reach .001 and do amazing things though
yeah we are all in since you know what every single persons positions are outside of shib. you're actually a fucking troglodyte are not you? do you even know how to spell crypto?
**crazy but no idiot, elon is.** *-wjbaff* *** ^(commands: 'opt out', 'delete')
amen. doge is crashing and i’m still in profit. bought at 5 cents babbyyyyy
true but his btc tweet is manipulative. claiming that btc brings pollution, not accepting it, but refusing to sell? that’s a red flag
you are infinitely cringe. your emotions will dictate that no investment you ever make will be successful because you are weak. mentally you have no power.
send me your crypto if you cant hold
yep i have over 5 crypto currencies
what are you saying? you're the shiba messiah for crying out loud 😱🤣😭
might be over hopefully but i would like to say it go back there in 2 months
me too, and ripple too
that's a good help for the community
sending to a broken wallet or invalid address. it makes the coins obsolete
if we burn coins, it will be less on the market, so the price has to increase
bye, i'll buy your coins on thiscount. thanks
hell yeah! that is the way!
a man with a plan! so true!
right now? and how much?
billy. vb sent him 1 billion dollars in shiba and 5m or somehting in doge. so yes
great plan 👌 waiting here for it to hit 500-9
that's a nice game plan x) hodling at it is finest
buy the thiscount for bsv
thats in 2024, itll recover before then
so you'll wake up rich either way?
so i can buy all your shit!
how is it killing itself? the entire financial market is down.
doge killer is just a pr stunt to gain attraction and attention
do not do that 😂😂
**doing panic buying now, i am.** *-puzzleheadedjudge255* *** ^(commands: 'opt out', 'delete')
i did wake up with 30 mil. i anon hold 80 mil *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
for me too bro. for us it is easy to say hold to the people cause we still having profit
cause more is selling 🥲
btc people are scared everywhere
yeah fuck off paper hands and let the big boys do work
because he sold all of his coins to me today
only that vitalik send 5b to test the network today
56m and holding down
i think the worst is over
ita going to 12
me too, i bought 21m more 😂
lmao it said this was a sensitive message. hodl is hold on for dear life.
**down too, it was.** *-cooker1212* *** ^(commands: 'opt out', 'delete')
it would not reach 1. holding anyway
there is binanceus. but be forewarned, they are not great.
i did miss the. 000006 by an hour, alas xd hoping t gouts down again f'r those sweet sale prices *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
you would not need other things in your portfolio on the moon
u. a lot of people are shooting for 100m
on crypto.com you can set push notifications when price changes are happening.
don't think so but you can set up a crypto.com account just for those push notifications
well from what i've learned there is not much you can predict with crypto, we're all hodling for a similar doge situation lol
kinda hard to properly address that on a shib subreddit. the coin is promising and has a lot more security over the last week. buy only what you can afford to lose. *not financial advice i eat crayons*
elon announced tesla would no longer accept btc. everyone flipped.
na it was china and their talk of banning crypto transactions
and china saying banned to all institution even though its old news, they just brought it back up again by media.
and thats how you get a dip in the market, anytime the media throws out some sorta fear
but he can influence the markets every way at least for doge, he said something about putting doge in space, when that happens i bet the price goes up a lot
that is actually a popular theory that he is just doing a financial stunt
it did the same damn thing to me 🤦🏻‍♂️
same. it took an hour to get my app to work properly and buy the dip
dude i always buy at the most wringest moments 🥲
they said not for you buddy
been at worketh f'r 3hrs doing nothing but watching crypto. lol *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
is polygon worth dropping on?
dude throw me 1000$
people not burning coins thats why we nees to have burn parties!
yea same, if i buy anymore im gon be fucked
mines in 4 hrs lols
yea i feel you i spent all my bags on more crypto last night too
yes? no more business crypto transactions...
they 100% did. it was not a direct ban but it had practically the same effect
not compared to bitcoin and etherium
damn straight. you cannot have lambos on the moon if you sell
no way it can stabilize after taking another hit like that
ofc it is. you'll still get the same percent gains. it's just a matter of what time you want your lambo. how many 0s does shib need to cronch.
13 mil is good just hold hold
i'll go hunt it down, im told they just buckled down on their anyi-crypto stance from 2017
like what happened in china?
its part of market cycles, we all see its coming back stronger. if you look at the chart. you’ll see the second pushed after the dips is huge. i’m banking on that to happen again. a lot of pro traders are saying the same. 85k for bitcoin next target.
i got super lucky... took me 40 minutes of refreshing... feel like i just bought tickets to a j-lo concert
lol you know what time it is
i cant getvit to let me buy more
yes... you are absolutely right... but still i want to cry... not selling tho!
look at a chart. it was a little more than a month ago. you can see the price has not been this high even.
thank you ?? and any estimates when will that happen? i heared something about the first courter of 2022 ?
0.0001 highly achievable sir?
i bought shib at 8 dollars for my billion so i'm still up over 1000%
my ripple is stuck in coinbase 😂i can only watch it lol coinbase said they are developing something to give the ability to recover locked coins
spent 100€ earned 1700€ and still holding
yeah either way though! i've lost money! i've been investing even when i have profits
true, good shout, thanks.
cheers man i might invest a bit during the dip
cheers man i’ll bear that in mind
lmfao he bought some a while back and sold it at a higher price before making the announcement did not he?
and is he holding a gun to people's heads telling them to buy?
we all got the shaft now when people trash roobinhood they better mention crypto.com right with it because they closed trading during the lowest dip
i try to order with my forehead
call me whatever you want dawg idgaf i aint tryna lose my money 😩
throw me 100 out of his 1000 😂
selling is just a typo for people trying to type buy and hodl
chinese government is crashing down on cryptocurrency. they do not want it anymore
that and the fack that last rally really took off with most criptocoins... the bigger the rally the harder the correction... so guys. buy the dip.
hahaha. you're the man!
am currently crying so its ok
.0001 will happen. maybe not really fast but it will. the battle to .001 from there.
i'm commander shepard and this is my favourite comment on the citadel
why they doing that?
cant. it’s locked in. i will have to wait for them to allow xrp to be traded on their platform again
not sure why. but then again, i never saw china do anything with a real reason behind it other then to fuck up with everyone and everything else... soo.
it is political more then likely. kind of what they did to the alibaba guy, they do not like it when common folk get very wealthy. they see it as a threat
owww what a shit man!
damn china come on man!
what can we do to help it go back up besides buying more
thx bro, atleast you are trying and helping anyway you can.
he’s trying to contribute...right or wrong, he’s trying to help. my hat is off
you guys do not need to burn... you'll need your shib tokens to burn it in the shibaswap to earn bones...
if you all do not start being more financially responsible the coin is not going to go anywhere. number one do not introduce yourself as a whale because you own a huge bunch of shiba. you are barely a trout. number two do not go burning your money thinking you're helping the community. number 3 do not overestimate your ability to control this coin or the strength of what it really is. every time i read this form i just shake my damn head. it makes me feel like i invested poorly looking at what i see. lastly, stop pointing out your balance online and in this forum. you did not invest allot of money. it's just embarrassing. sometimes it is all too obvious who has invested before who has not and who has money and who does not. sadly it is more true when it comes to shib than any other. wise up before the chilthish antics tank us all.
bro your user name is get rich or die trying you gonna die trying to get rich if you keep doing stuff like this.
you threw away 100 dollars and did not even make the slightest scratch to the overal value of shib. if the intention was to inspire others to join you on this effort to throw away a part of your investment, it was a wasted effort. there are trillions and trillions of coins in the total supply, a coordinated effort (if you could convince 100% of the total redditor in this subreddit) of all of us throwing away 1 million shib would still fail to make an impact. now buy another 100 mil, and keep it in your wallet this time. that'll actually impact your investment.
you should not do this bro, there is no point of this one whale can dump and pump, hodling is best you burning stuff would not halp anyone
why are people burning their coins? get a grip. wasting your investment makes the people involved in the project look foolish. there is zero voice of reason right now. maybe invest more and drive up the price?
don’t burn your tokens
bro just save your shiba tokens.
why burn it, send it to me dude lol
bro it’s gracious of you but please guys just keep your tokens.
next time just throw 20 bucks in the ocean
please do not burn your tokens. if you really want to help the project, just hold and do not sell. buy more if you can. burning a relatively minuscule amount makes no real difference. this has been explained over and over.
dude, you need those karma points this bad?
dont burn give to me i will hodl... hodlers for life
just burn a leader doesn’t ask
wait, is burning just withdrawing? they still exist don’t they?
you just lite your 5 dollar bill on fire. lol
bet you won’t burn another 100 mill by midnight
why would you burn them, as long as you hold them they are out of circulation!
shit my bad. had to swoop my baby up
got an idea but am new to reddit shit wont let me post pics
who cares if you burn 1,000,000. that’s nothing and i burned 5,000,000 when i transferred my shib. who cares about the upvotes, do what you want and just hodl.
well man, i salute you.😎
i already burnt 5mill about 4 days ago
why would you do something like that?
what do bones do again?
this guy is burning the amount i own lol ;_;
buying shib and hodl is the only way ...
theres quintrillion coins and 400,00 holders. we already had huge hype about 2 weeks ago that probably wont happen again. sorry guys but this isnt looking good
your 1m do not mean shit.
i'm sure this is bs but hey might as well. it's easy to just go check.
just give them to me? i can keep them safe.
it does not matter how many shib you burn this coin does not is shit
i commend you. it takes a unique person to put the community benefits above their own.
u ready for my theory
i bet you won’t burn it!!!!
was waiting... thght my soldiers left me still there
with time people will burn and burn, we are not going millonaires but we are going up
lol what a joke. what that going to for the community
if you want to drive the price of shib up instead of burning coins start burning down any doge adverts you see on the street. that would really get people talking.
now torture yourself and buy more 😂🤣
the man the myth the legend!!!!
if your gonna burn can i get a few? i had 3.4 and now up to 8 lol diamond hands
why can’t i do withdrawals on my app?
please do not burn your tokens. if you really want to help the project, just hold and do not sell.
sure i will update 61,000,000 strong shiba
100m burn if you get to 1000 up votes should be the nee goal.
you should burn to this address:
what you do mean minimum?
i am from nepal please help me some with this account please🙏
most of the people who question are the ones that take 1 second to look at the ecosystem and choose not to know what's going on.
1000000 shib is like 10 bucks . who cares
how do you burn
idk but will shiba hit the moon?
guess you've to burn 12 million now 😁
i do not think i agree with having to burn tokens to make the rest more valuable. reducing supply does not necessarily increase demand or interest in the token from new investors.
thank you for your service... i will not be burning my money so whales can make more 😂
guys buy shiba on kucoin with no kyc, and no vpn. it is a free for all. i bought .
hey guys just to let you know we can do staking on exodus every 3 months. if we burn the earnings will be hundreds of millions every single month or week and will be free so no investment on our side but earnings made it through the staking process. probably i'm wrong but think about it 🤔
i don’t get it why did you need to burn ? if you burned it bc of the money, i understood. if not, i don’t get it.
is burning coins the same as staking them ?
this is stupid. ' the amount needed to be burnt to have any impact is way beyond what the subreddit likely holds. stop burning your shib and throwing future money away.
i’ve burned like 30 million
we need more like you brother lol
u got 2.2 upvotes kow you may burn the shibs
burning token by sending to a dead wallet does nothing to the price, it is like sending thoughts and prayers...
my hat is off
wtf, 5 mil shib fee for withdrawal? 💀
odd idea here, but... instead of sending "our" tokens to a dead wallet, why not send them to a moderated, earn wallet, where the coins are tied up for 3 months, "we" earn 2% interest, if we use crypto dot com's earn wallet, there might be better rates somewhere else. just throwing out ideas here. anyway, instead of tying them up in a dead wallet, tie them up in something that earns the shib community interest. the shib community could then vote on what to do with that interest, aka donate it to a worthy cause, rethistribute it back to holders in another shib marketplace token, aka shib goes in, bone or leash comes out.
i can burn a lot of coins, but i know it would not do much. it would take a whole lot more to make a difference. so for that reason i wouldn't burn because i think i would need this much to see some good profits if the tokens circulating stays the same. but... if there was a rally to get everyone to do so, and see everyone burning a percentage i would do it in a heartbeat because i know it will drive the price to increase rapidly and not have to wait more than a decade. even if i stayed with just 50% of my coins i would still be filthy rich.
i'll burn 10,000,000 if i get 1500 followers
i'm not sure what burning does for a person but do what makes you happy...at the end of the day you are the one who has to live with your choices. good on ya.
how do you burn coins?
the smell of burning tokens... the smell! *cries* 😭
i have total of 3 million how i can burn 1 million any guide
is crypto.com a decent place to buy shibu or other coins from?
did amazon and shib really partner up?
do it...burn to turn
you earned that free hug award!
stop burning your own coins. it’s dumb. google why not to. it’s not helping us.
i can spare 1mill too what’s the dead adress
whats the reason of burning? how does that help?
how does one burn? i’ll burn a million too
whats the point of this? dont those coins still existe in that wallet? if they still exist in reality inside of a wallet how is it considered burning them why would you throw away money i just do not understand this post can somebody please explain
guy for crying out loud. when shiba swap cones out get all the bone you can. when we get to start governing we can vote to burn token. no need to let the whales get bigger.
wow… and i though people from wsb were retards. you are actually retarded….
can someone send me some shib? my goal is to get to 500k.
what if we all agree to burn 10mil tokens each? how much would we all have to burn to make a nuclear impact?
shib has too much tokens so any burned will help the value go up
send me dude i am at 1 million it is will get me some more millions 🥺
need to chat wit someone got an epic ide
don't burn it, send to me 🙃 😜
i'm not burning shit. i'm in this to make money. if i was a *coin billionaire i may do it, but i'm a *coin thousandaire and i'm not interested in donating to charity at this time.
this is the way 💎🙌🌕
just plain karma farming ... 1700 upvotes for 50 bucks seems a rather poor result though lol btw a pending transaction is no prove for a burn - a completed one might be
i already burned money buy investing in this shit coin in the first place lol
yeah i support him 🤩
why does everyone think that coins will be burned to earn bones? where on earth does it say that? i think you get bones for staking not burning.
is shibaswap going to be an app? that would be cool and i'd probably use it then
amen to this brother
no lie, this needs to be pinned. pero like, asap!
kinda gotta agree here
heyooo! lol. i don’t get why people think this will make that big of a difference. or a difference at all. maybe if some big whales all burned, but then i believe that would hurt the ecosystem, people missed out on doge so they think they’ll find this token and blast off. if this didn’t go anywhere else that would suck but i’m still way up on profit from shib. the rest of my profile is so screwed that shib gets me a little closer to breaking even lmao. thougu i’m not selling holding
the burn wallet just holds them it doesn’t burn them yet
don’t burn! buy more!
send them.my way lol
his way of trying to start a shib bondfire, i wouldnt have burned if i didnt hold at least 1b
nah, reddit is not that important.
what is that? i had reddit for 15days
burning is essentially putting tokens. essentially it’s a way to remove coins from the market to ensure the price drive up. however there’s a lot that goes with this. 1 people holding and “burning” their coins are effectively removing them from access but they are losing the potential to stake for bone. 2. a minuscule burn such as this has no effect. even if 150k people burned 1b then essentially that would be 130t which would be a roughly a third of the initial circulation. 3 just hold and wait for shib swap.
if your burning them again give me some i'll buy some food for some people and i am not trying to be rude towards you i just felt like that money could feed some people
5mill shib to transfer is roughly . that's crazy.
finally someone sees sense on here
fair enough, please do
must read thins when i'm. not working
let's hear it jondoe...
no it would not and anyone who tells you otherwise does not have a clue
not as off as your momma *** ^i ^am ^a ^bot. ^downvote ^to ^remove. ^[pm]( ^me ^if ^there is ^anything ^for ^me ^to ^know!
i wanted to test a transfer and it said 10m min. didn’t understand why until i saw that fee… fuck that shit! i was just trying to transfer to my cold wallet!
i saw you on r. you trying to get banned everywhere?
you're not going to convince all 135k redditors to agree on anything. if you somehow got every user to view the same post at the same time, get them all to "agree" to burn, and have them actually burn 10 million tokens, it would total 1.35 trillion shiba coins. there are still hundreds of trillions of coins in circulation. it would make the slightest of dents, but everyone would have lost a part of their investment so it is wasted either way. i do not know why burning is what comes to mind when trying to raise the value. if you could convince hundreds of thousands of people to buy 10 million coins, just stop right there. the value goes up by a fraction. the burn does not have to happen. you seriously have to realize, there is not a nuclear option to bring the price up. let the market do its thing.
**the way 💎🙌🌕, this is.** *-chumpchange897* *** ^(commands: 'opt out', 'delete')
>[ that was a whole lot but not much said. if everyone was on the same page to burn a percentage of their coins, including people creating new accounts it is possible to get that price to quickly rise. read cockplane69's comment in that post.
lol begging for coin with a big daddy username is like soliciting porn stars with a chode
hopefully it is an app. some of the stuff you have to do to even purchase some of these coins is harder than figuring out common core math
shibaswap is probably bullshit from everything thats been recently said and it was supposed to be launched by late april that was the first date we were given. if these devs were experienced they would have known that audits can take alot longer than expected and not give a community that is backing you with millions of dollars of your product a date and not be able to deliver. now it is the same far and few between updates about it we got in april. how many times do you go thru the final round of tests in audits? kishuswap was launched almost right away the coin was not even 3 weeks old and they have continued to update their website to something that looks promising and professional. starting to think we were sold a dream. i hope i'm wrong but it is looking worse as the time goes on
no, it will be a website.
it's going to be another uniswap, pankcakeswap.
everyone above is confused. when you add your shiba inu to the liquidity pool (shibswap) , it is staked so that others can use it to sell. you earn bone for doing this . possibly even earn shib for doing it depending on how it all is planned out on the swap . nothing is burned nothing is lost. it will be a dapp like pancake swap that youll have to connect your wallet to when transacting. perhaps theyll make it simpler since its such a popular coin for noobz. cheers boys. hodling 50mil
keyword: yet what change is needed so it can actually burn the coins sent to that address?
that is assuming that 100% of us would be on board. you would not even get 5% to throw away a part of our investment. a hundred upvotes does not represent the entirety of this subreddit. there was not some mutual agreement that was delegated to those 100 people who wanted to see you burn your coins. it is not going to happen. and if it did, there are over 300 trillion coins. 300,000,000,000,000. 135k x 10 million shib coins would be 1.35 trillion. even if you could coordinate that effort, it would still be a drop in a bucket. you're better off telling people to buy more and hodling. a for effort, but that is all you're essentially getting. because that effort is not going anywhere.
it's kind of comical how many people do not understand how token economics work. tokens that are paid for are already factored into the market cap, so burning paid for coins is no different than holding them, or staking them. it literally has no affect on the market cap or value of the token, lol... these people are just throwing money away, for no reason at all.
basically reddit version of likes
if your burning anyways then could give me like 10k or 20k coins i would give them to my friends and getting them interested in shiba
remember the dark knight when the joker burnt all that money he was making a point. 🤡
upvote to you sir
lol i 100 percent agree...that is why i love that shib is on crypto.com...made it really easy for me to purchase
also i'm not sure i completely trust how to buy some of these cryptos...all the steps just seems sketchy to me
i buy them directly on binance. i search "shib" i click on shib. i put i click "buy" i have shib now. i can transfer to any supported wallet i want to if need be with no problems.
dont be so negative my friend, there was 1 quadrillion weeks ago. maybe nothing happens today but tomorrow? 2 years ? 5 years? of a few good burns. i feel good i put my grain. stay positive .
thats what i think too, thrown away.
it’s totally retarded. plus for anyone so worried about the supply being so huge, remember that at the price it is just . there are tons of people on here with 1b+ tokens. the fud is unnecessary.
i am no buterin, however i burned my part as he did. might mean almost nothing as many post here, nonetheless it does help to increase the value for me and for india by a small grain of sand and it makes me feel better. so f it , i have a lot more left.
or quit begging for coins and get your friends to go buy some themselves.
it's not going to the moon
a movie reference. a movie reference to a character who was clearly mentally unstable, doing something that no rational investor would ever do. i brought math and a realistic response of this subreddit and the overall market. and you're using a movie scene to convince me that burning money has a benefit? the joker was not fighting corporations, whales, and the traditional banking system. he literally just wanted to watch the world burn. this is what you bring to the table to make a point, and you think you're going to convince myself and 135,000 other people to throw away a part of our investments? good luck with that.
upvote to you all
ahah tell me about it , i purchased eth on coinbase , transferred to a wallet (paid fees) used uni swap to trade eth for shib , transaction failed i lost my only 330usd... gas fees ... f***ing gas fees ... would of been a good chunk of shib .000013 two weeks ago. since then i’ve thiscovered crypto.com and i’ve got a little bit ... however nowhere close to what i lost .
exactly. seems like a quick way to loose your money.
some people can’t use binance because of our locality. i use binance.us but no shib on there so i use crypto. it would be nice to have an app to do everything on instead of having to buy this here then send it there then convert it to this then send it over there then convert it 2 more times and resend it just to purchase some coinage. this is one of the reasons a lot of people get thiscouraged and don’t buy. hopefully the swap will simplify things for some people who just want to buy and not jump thru hoops for some of these coins and a lot of these exchanges will take not and make this community as a whole better in the long run.
i'm all for positivity, sunshine, and rainbows but i'm realistic when it comes to helping my fellow shibs. and i'm only giving you the hard truth. you did not convince 135k people to do anything similar. hell, you did not convince 1k people. at most, you got a handful of people to throw away a few million because they are under the impression that they are also doing something. and it is a wasted effort. that is not based in my negativity, but in the math of it all. i'm not going to turn a blind eye while i watch other people throw away money. i like this community, and it is hard watching people get convinced that this is a good idea. when shiba swap comes out, there will be ways that this coin gets burned by the devs, it will happen over time. keep your investment and stop convincing a few other people to do the same. a few years down the road, your 100 dollars in the burn account might be a few thousand dollars. it still impacts nothing, and you lost out on an investment. hold. that's what you can do for this community.
that's awesome, i bought about 20.
you might be changing stuff little bit but do not burn them what you burnt was equal to half of my parents salary for a month if do not want them give them to me
the voice of reason
the joker wasn’t mentally unstable, he was a genius.
upvoted to make the longest nested thread
wtf yeah i'm not doing that then...sorry that happened to you
safemoon is my next buy.
money and time. once wasted, stays wasted.
his level of intelligence does not negate the fact that he was mentally unstable as it gets. i do not even know why the conversation shifted from your idea of burning coins to you only talking about the joker at this point. burning coins is ineffective. this entire subreddit is not going agree to burn our coins. if we did, it wouldn't make a dent. if we did make a dent, you're not going to convince everyone else in the world (outside of reddit, in several countries) to not sell once we miraculously get the price up. we can thiscuss and analyze move characters and plot theories all day, after you at least acknowledge that a collective burn is never going to happen and is not helpful.
already in it, been holding up strong 💎🙌🏼
an adequate response from a person who though burning coins was a good idea 🤡
what facts are you basing this off of? btc is certainly not bullish right now... which means many others follow suit charts? thesis? any kind of dd or ta - or are you just hoping?
it seems bearish to me. -3% from yesterday. im hodling lile a champ 🥳
noooooo, no bounce for another 4 hours please! i will have .com in about 4 hours, then to the moon :-)
the big bounce is bound to happen in the next days. this is the way.
everyone been saying bullish trend is about to launch us up for the past month... i see nothing.
real question, why do people make these vote up or thumbs up posts? what does reddit karma get someone?
🐋🐳🐳 are buying a shit load shib❤️❤️❤️
you got till 11am est max till 12.30, after that rocketship
keeping adding on the dip and holding long term go big or go home
this coin will prove whether it was worth our time and money very soon. i'm currently hodling a measly 5 mil but i am looking to get to 20. then i can have my mind at ease that i did all that my means allowed me to go for in the timeframes i was given. my suggestion is decide what amount would make you feel like you are ok with, reach for it, place your price alert and forget about it. it's what i did with my ada.
i leave this subreddit cause of these retarded upvote beggers. fuck yourself op
28 mill strong here. adding each month. im about 300 in. my limit for shiba is 1k. slowly buying due to massive volatility.
stop doing these stupid upvote threads... all your doing is making the crypto look like a joke.
balls deep in shib. lfg
still can’t hold above .1 anytime it’s go up it come down
shib is really itching to pounce out of its little cave and show people what it is really made of!
hold hard...know where bitcoin started at...guy traded 10000 bit valued at today for 365 million for 2 papa john's pizzas. no shit. just hold. if you lose who cares. ain't much. push it.
what's best app to purchase shib with?
are bhenchod bounce hua kabb
what bounce are you speaking of?
i’ll be buying more shortly
anyone have dd on shiba swap
it looks bearish to me. currently i think we need btc and eth to come up to go up too.
you're talking absolute 💩 bro
yeah tell me to lose money when the market is in a sell off good job 🤡
another karma whoring post.
ya'll do not realize that all crypto follows bitcoin. shib will go the direction that btc goes. you should know this if you're gonna trade crypto.
i’m holding 50,000,000 shib at the moment. aiming to get to 1 billion and hoping this thing reaches 0.0001 someday!
i quite literally do not care what so ever about what shib is doing today. got my shib stashed away. i'll have a look what things look like in about 10 years when it is had chance to mature.
slowly but surely climbing...💪
who buy's the dip... me, me, me...😎
no bulls as yet, need to load up on more,
thumbs all the way up
not much of a bounce
this is the worst reddit group. looks like all are bots and no one ever responds
shib is trading sideways. sideways trading during high levels of fear is a good thing no need to over sell it. this normal signals a breakout with a proper catalyst
another post begging for thumbs ups...
why we dropping again
shib load up weekend!
stand strong we got time
hold the line retards
hi guys how much crypto.com app charges for buying and selling crypto at their platform ? i tried to sell a crypto worth of !! 😐😐😐😐 any exchange out there that is friendly to buy and sell crypto ? i heard binance is good but being in canada is difficult to work with binance ?? thank you in advance 👍👍👍👍👍
hi guys any cheap token under ??☝️☝️☝️☝️☝️☝️☝️☝️ i’m new and want to invest ... please help me . thank you for your time
i remember when everything was red a couple of weeks ago and shib was up 10% we're strong
jesus christ shut the fuck up
we just need to be patient with shib whatever happens one day at a time 🎯
but there is real 🐋 just looking for real time information. 😳
we need to stop 🛑 posting amounts we have 🐋🐳🐋🎲🎲🎲
wtf are you talking about 😅 i hold shib and believe in it but you’re making yourself look dumb man the price action has been at a stand still lmfao
bought shiba inu for . i am not sure what are you talking about. its going backwards since i bought it.
no upvote for you.
im sorry but jesus christ this shiba coin is a bunch of bullshit... i do actually hold some in hopes that in 4-5 years it might be worth a tenth of a penny... however it will not make all of you diamond hand rich bois like you think... only so many people can cash out before the funds tied to the coin drop so low that your shit it worthless... this is exactly like what everyone is saying... karma grabbing stupidity... had a bad day sorry to take it out on you but jesus christ just stop.
what are you looking at. i see it stuck at the .000009 support for a while now. i don’t see a bullish bounce.
dogs travel in a pack. shiba, doge. not a killer, a cousin. 🐕‍🦺🦮 who let the dogs out!!!
what bounce? honestly, did i miss something?
its so cringe how you people that just started investing 2 months ago try to “predict” progress of a meme coin
1.3 billion strong smd
haven't sold a coin yet. building a portfolio, started staking a few coins and...waiting. i'm not concerned what the market does, what musk says, what i read. don't know if this is the best strategy...but it is the one i'm playing. i'll let you know how it is working for me next year. researching! buying! hodling! praying!
come ooon, do something (shuffles with a stick)
this is my 1st comment! hello everyone, i invested ... i watched it everyday probably every hour for a week until my ... lol i laughed it off and deleted the app i promised myself that i would not look again till december... hopefully shib will move a decimal or 2... wishful thinking!! good luck everyone!!! xoxo
shib to the moon👍🚀🌚
got another 32 mil
we like the pup.
i'm up money on shib lol second wave, mount up!
what's your basis for claiming its the start of a bullish trend?
let make today is the history. never look back ... no tomorrow
confused on the negativity we should all be trying to support one another if we all have the same end goal here. it’s all about promotion and holding.
sold and bought back. ❤️
save ocean discounts! released 24h ago dont be late! buy 475 holders only 50k market cap easy x10 telegram: twitter: web: contract:
everyone sucks, even me. lighten up and just enjoy the ride family. no matter how fast or slow, have fun, stay in tuned and i’m not fvcking sellliing!! to the gawdamn moon-! 🌙🧠🔫
i have been accumulating since 0.000007 and i know i would not regret!
i’m 100% behind shiba
what a useless post
i am a proud member of shibarmy
35 million and holding ! it will go to dollar because its a real dog not fake one ! i have bread and own dogs bull terriers so this dogs a winner go shibu inu !
you should check out . shibs older brother on roids
no facts, it is a classic karma grab that the mods of this sub have been allowing for the past 2 months now
seems like a lot of crypto .
with that attitude we will never reach a dollar. you sir, should be ashamed. if you don’t just blindly believe this, you are beyond help.
if you look at the rsi for btc on the daily chart it was oversold mid may, and the rsi currently is trending upwards. just my two cents.
observations and predictions are somewhat same it is all about probability charts thesis predictions potato poatato
i put 2300 bucks . woke up to 25k when it hit it is all time high ...and that was just a burp from shib ...this is just the beginning...i felt the power already...now i'm 750mill shib in ...ready for the tsunami...
your a champ if you hold at -70% 🥶
if you hodl since 2 weeks ago at -50%, you can definitely hold at -3% 😂
i agree - it seems like it is going to take another dip before really going bullish. you can see the short term moving average is looking like it wants to cross the long moving average. could be nothing, but if it does it usually mean a down trend. just means another chance to get in cheap!
i’m new to crypto.com, i used debit card and bought . how to add the bank account and how to avoid the international transaction fee? thank you
i have a 3 month period ending in 74 days!!! thats bad?
is crypto better than binance? i love using binance
cause nobody knows shit. just hopes and dreams right now.
you can’t comment on a lot of subs unless you have a certain amount of karma. it’s to save us from bullshit posts like this that add no substance.
not someone, but something.
shib so cheap we are all whales !!!
check r& you do not have to deal with pathetic individuals like op
i purchase doge on changenow exchange then exchange doge for shib
you can buy tether and swap on kucoin
this video will blow your mind
you can buy tether on kucoin and trade it there
10 years? don't be stupid. you need to watch this space monthly at least. what if shibaswap does not appear? or gets hacked? in the next 10 years 2 or 3 of the current top 20 will be here the rest will be long gone.
i has't been accumulating since 0. 000007 and i knoweth i wonneth't regret! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
**hrmmm a proud member of shibarmy, i am.** *-electrical-adagio-48* *** ^(commands: 'opt out', 'delete')
im tired of all the pointless "upvote for this" bs or "upvote if still..." nonsense
need a new sub leave the fortnite kids here with their, to the moon, , diamond hands, hodl, wen lambo etc
exactly. been waiting for a zero to be eaten for good since the initial surge. hasnt happened. lets not worry about the moon when we can barely get off the launch pad
so true. delusional retards
who sells in these conditions? now is the time to be accumulating so later on those pesky 3 letters don’t punch you in the nuts s - shoulda w - woulda c - coulda
this isnt exactly what id call momentum... but we'll see
of course you hold at -70%, you don’t want to sell your coins to transform your potential losses into real losses
i will hold mine to zero if i must.
i started in 2019 so i still have lot of profits, with that bought , , . i regret not buying polygon soon enough.
put in 140, down to 30... still hodling like a good lil tard 🤣
no sir you have a massive set of diamond balls if you hold at that. to be fair though you kinda have choice but to hold
won't have an option but to hold at -70 or lower!
sorry, i cannot help you with that. here in canada we have the free interac etransfer option for depositing funds to crypto.com
im on crypto as well but did not get charged any fees for 30 days. ive learned that you cannot transfer shib out of crypto yet. so that sucks! waiting for shibaswap. so now im building a metamask wallet up. shibaswap coming soon!!
instead of debit, then buy once your funds load. but... whats 15;) hope that helps a little
[crypto.com]( sells to you for higher price than other places, the best place to buy from trust wallet. buy usdt in trust wallet which equals to us dollar. then buy some eth for gas fee, go to uniswap and select usdt to shiba and buy. this is the best price per dollar. i am here to help. you choose what you want to do.
binance gives the option of depositing through a debit card 1.8% or faster payments 0%, check if crypto.com offers the same. i never swap, i sell crypto to my fiat wallet then purchase the other crypto - less charges
i love binance as well and most of my crypto purchases were done there. the reason why i also use crypto.com is because i can directly deposit fiat into crypto.com account. with binance i have to use another fiat onramp, buy xlm or other coin, send it to binance, then sell it on binance and only then i can buy what i want... i guess i am a lazy bum :-)
initial sell off due to community, people wake up and panic sell. look at the charts when that happens, it goes down as certain parts of the world wake up and takes few hours to get buy sell ratio back to normal and in result price rebounds.
i'm all for maintaining a positive attitude, i'm just not a fan of every other thread an upvote thread. if any serious investors were looking around for information and sees nothing but upvote threads it would most likely put them off.
very true. i keep an eye on the main developments, sorry i should clarify. i was referring to not constantly price watching. in my mind, as is the case with any investment, the value of my holdings only really matter when i'm either buying or selling. i'm confident that my investment was as sound as it can be and suitable for longer term investing, based on the available information. so with that in mind, i find it much simpler to let time work its magic.
im gunna upvote you for this
ahahahah lollolo . so true. sick of it. anyways holding for 2 years atleast. hope it reaches 3-4 cents by the next year. 😛
been reading this sub for a while now and havent seen one peraon say 1... you all sound like the same doge haters from a year ago
the adults are at r.
sooooo right onnnat bruh (fortnite fux) 🍼
we’ll get there, but we likely won’t see it coming like last time lol
ya too serious! 🎖️
new flash, regardless of if you sell or not, if you are at a -70%, you have already lost
buy that dip!!! 🔥🔥🔥😁
polygon is just getting started don’t miss out more thinking it’s too late...
how about withdrawal fees? is crypto.com taking like 20% of your coins as fee?
hi i’m in canada and i use crypto.com app haven’t withdraw any $... any idea which bank are crypto friendly in canada ? i mean if you try to withdraw from crypto.com is it going to be difficult with banks ... thank you 🙏
but i’m in nevada, not understanding this international transaction fee.
yeah i do every time transfer from bank, but when i joined crypto.com i was not able to transfer from bank and desperate to buy shib so used debit. and wasted = 1.7m shib now i’m thinking to buy 200m - 400m shib, i’ll use fiat wallet and transfer.
now using fiat wallet
well lets check this in 1-1.5 hr
how dare you. take my upvote
lol you're exactly like them, highest market cap coin on earth by next year but the others are delusional. of course.
yep. trying to pull down the army. i hope they cash out and fuck off
here's a sneak peek of [top posts]( of all time! \: [please listen]( \: [thank you everyone! we have reached over 150 members in less than 24 hours 🏆]( \: [🚀🚀🚀🚀]([23 comments]( ---- ^^i'm ^^a ^^bot, ^^beep ^^boop ^^ ^^downvote ^^to ^^remove ^^ [^^contact ^^me]( ^^ [^^info]( ^^ [^^opt-out](
i'll go get some.
where can you buy polygon? my friend told me to buy a month ago, and i didn’t listen🤦🏽‍♂️
not 20% :-) sending shiba to an external wallet is 5 million shib... expensive.
400mill that be nice. im at 250mill. hopefully 300mill in a few days :)
way to early, 11-12.30 will be final bear for the day, rest will be bullish so it will take about 12h to rebound or present a 1-2% increase from the day before. if you look now, fall did not catch traction till europe woke up and american east coast pushed it further but we seen an hour or two of rebounds in between.
when fill up my tahoes gas tank?
you make a valid point though bro, i appreciate it. it'd definitely a balance is not it? in between not sat watching the live price and also not completely neglecting it either. shib is very different to any investing i've done in the past, so i guess this one will come with practice.
every time i say this people act like i'm trying to be rude and hurt their feelings. like, i'd like shib to hit , too but it is. not. gonna. happen. everyone write down 21,000,000. that's how many btc there are. now write down 1,000,000,000,000,000. that's how many shib there are. not telling you not to hold. but shib is not a get rich quick coin. when there are hundreds of people holding upwards of 1 billion of a coin, why would you think it was possible to hit a dollar? you think it is realistic that hundreds of people are about to become billionaires just because they put 1000 dollars on an app on their phone? people act like they were the only ones smart enough to put some of their stimulus check on cryptos or stocks.
crypto.com is my main platform rn.
i like crypto.com cause you don’t gotta wait for funds to clear they are instant purchases via debit card
lucky i use binance, i can convert to busd or usdt and then withdraw into my account at 2%.
so you saying if i transfer my shib to my trust wallet it’s going to cost a shit ton??
transfer money from your bank to your fiat wallet and then buy from the fiat wallet.
jesus christ, that’s half my bag. what do people do who only have 5mil or less? or is that a percentage? seems like it’s really easy to lose any profits doing this shit, not like i have any of those to worry about right now...
>not 20% :-) sending shiba to an external wallet is 5 million shib... expensive. i paid 10million initially . its ridiculous. i buy on trust wallet since then.
i contacted support team and they said charged from bank because i used debit card. i need to apply for usd fiat wallet and deposit.
this is how i see it as well. and looks like the market is already turning.
for me i just put some money in it that i am not worried about losing as a small bet that maybe will get to 0.01 but if it does not then it does not but not going to sell either way. just hold, stay up to date on whats happening and hope for the best.
that doesn’t get any more true than that. lots of us been thinking that but you finally said it thank you
coins will be burned in time do not worry bout that
exactly the opposite of this happened with dogecoin... ?
2% regardless of the size of the transaction? that is expensive.
it is currently 5 mil shib to transfer from crypto.com. it could change at any time as crypto com has been lowering fees for other coins recently.
yes, but this is for those who bought from crypto.com
stake it and forget about it for a couple of years.
smart decision. i have bulk of my shiba stuck on crypto.com. would probably stake it on crypto.com as i am not sure how beneficial it would be to move it to shibaswap to mine bone.
i put money in hoping it would get to 0.0001. lol
i've said it multiple times in this sub trying to be helpful, even explaining that for shib to hit , the mc would require the majority of all humans to liquidate all assets (re, metals, stocks, etc.) and use all of the circulating cash in the world. i get down voted, and treated like i'm spreading fud. just hopeless. i'm sure "burning" and shibaswap will make it happen though.
there's not going to be a ton of billionaires all over the place because of shib. it's not going to happen.
129,000,000,000 dogecoin. 1,000,000,000,000,000 shib. count the zeros.
you already opened a crypto.com account, go to your fiat wallet and save on the charge fees.
yea that’s pretty much what i’m gonna do once the swap thing is up and running. i don’t own enough to worry about it unless it goes up a substantial amount.
i totally agree with what you said. but why should we put our wealth. moreover our labor into the dollar? the crooks running the government have the system rigged. not saying that shiba is the only answer. but taking our wealth out of their failing system is what we need to do.
awesome points brother! however, i’ve been in the crypto space for years and can tell you the coin could reach . but, it will not happen today or tomorrow. it takes time and the use case has to be prominent. keep this in mind, doge doesn’t have a use case or real use and has an unlimited supply and it cracked .75.
dogecoin got no model what so ever except hyping retarda up. we will have a platform that pulls coins out of circulation and give them revenue for it. i'm not saying we'll reach 0.01 but are you people who use this argument mentally challenged, like really?
care to explain? the thiscussion is that it is expensive, 5 mil shib, to transfer shib to an external wallet from crypto.com. are you suggesting selling shib, buying another coin, sending another coin to a wallet, and re-buying shib?
you basically just agreed with me then said i was retarded. because i understand the concept of inflation? this is what i meant. people get super butthurt when you tell them shib is not going to the moon. it's going up. but it is never gonna hit the moon. they bought a few million and thought they were gonna be millionaires and hate you for crushing their dreams with your realistic math
no i thought that you want to buy shiv from crypto.com
you still do not get what i said. we do not know if we're hitting the moon. we do not need to blast mc out of the universe to hit the moon. if the swap pays off enough for people it can push us far af. if that is 0.01 or 0.001 or somewhere in between idk. 0.001 would mean the moon for me. but no, people who invested 200. but can they? fuck yeah they can. in 2 months they can build in a burn, whatever can happen. edit: and yes, this sub is autist af.
i get what you mean. it's just that if you understand basic math, you know it is not hitting the moon. 0.001 would be the moon for me too. it would be the moon for thousands of people. shib holders would have more money than the u.s. government. that's realistic, right?
the whole fucking army
quarter billion at 5 zeros trying to swing my way to a billion
do you know how many people sold their doge when it was under a penny who would be millionaires today and regret it every day? no way i'm selling until i'm a millionaire or i'm so old that it does not matter anymore.
i just bought today . the moon guys, the moon.
never let go! for the hodl!
holding for possibility of retirement
500,000ish people edit***750 000 that jump was soooo fast
to me it’s not holding. to me it’s my new currency, slowly transferring everything over to shib and it will be the way of life
dude we're all hodlng
no reason not to…
prolly jus about everyone
fuck yeah i'm holding
hold the line! a huge payout is never on time! oh no no no no, hold the line!
why wouldn't we this shit takes time
749,760. you can find this info yourself via etherscan
everyone that answers yes... which is the same number that answered this question 2 hrs ago, 4 hrs ago, 8 hrs ago, 10 times yesterday and 100 times in the last week. its a pretty consistent group.
are people not holding? what a genuine mistake...
i staked mine. not touching it. i already took out my original investment so i'm locking it up and letting it ride. i'm also currently buying more and hodling. i think a previous poster made a great point. if we buy in now at our "current floor" it will encourage growth instead of waiting for a dip to happen. we have the power to set the precedent. as a community we are strong.
why would anyone sell at the price it’s at now?
i think we're about to hit 750,000 holders. so yeah i'm one of them.
very much. we are barely into the first chapter of shib
what kind of silly question is that🤣!
easy hold for me
78 mil and holding. i dont intend to sell anything unless we drop a couple of zeros and even then im just taking out a couple grand for work expenses :")
i'm holding and converting coinbase money into shiba. i've only 8.9mil but i am climbing as best as i can!
still holding 100mil. sold some to buy eth. no regrets with that.
we all better be
holding 917mill until 0.005! lfg! (def would not sell all of it at that) 🚀🚀🚀
ask me again when it is 10c. no way i sell my shib for thiscount!!
holding 1b until we overtake doge market cap or shib goes to 0, whichever comes first 😂
don’t tell me this is turning into the doge sub. i can’t deal with these posts. were all fucking holding. it’s a currency. i’ll spend my shib as needed.
you could have checked etherscan and found the answer to your questiom faster than typing this up... just saying...
i am holding billion
i'll sell when i'm good and ready.
hodling with what little i have. getting a heart attack every rise lol
holding like a mf. why sell, just keep buying my bredren
💎 hands are 😜
i freaking buried my bag and that was my first time paying gas fees so it’ll probably be there for awhile.
this whole sub is just becoming this one question all the time, isnt it?
hodl like hodor. why sell now? greatness is just round the corner.
is there another option?
people with dreams and faith 💎🙌🏻
moved to another wallet so i wouldn't sell.
at least 3-5 years...
what kind of question is that?
holding on for dear life
still holding? why would anyone sell at a 1-point bump? we are here for the long haul, looking for at the very least half a penny .005, so why ffs would ppl sell when it goes from. 000027 to .000028?
holding it for almost 6 months now
still holding! i am a student and therefore i cannot spend too buch in shib but hey, 5€ that i invested turned into 16€ and now are worth 12€. not selling anytime soon (i have 510k)
i own 3 million + i’ve never been able to say proudly
holding for my lambo and early retirement.
have to hold... i am really hoping this is my late in life changer... i have worked my ass off for 35 years, i am ill and just tired, each day i look at the hype and think is today the day while i drag myself off to work to deal with it all for another day.
let's put it this way. if you're not holding shib right now, you cannot be bitter when shib makes the shibarmy rich.
i am not going to sell for 4 years at least. 10 years possibly.
better question is why wouldn't you be holding
5mil + 2mil (rewards). hodl. not much but it’s something if it explodes one day!
none of your fucking business bitch
well someone keeps selling at .00003. it’s not me.
i just jumped in. i put in 100 bucks. maybe will put in more in the future. worst case scenario, i lost what i usually spend on alcohol on the weekend. best case scenario, i can buy a shit load more of alcohol.
still hodling 1.2 billion. make it rain!
still holding 👏🏽 planning to have 100million shib by the end of the year
i am 7 million
i vaulted part of mine and keep some ready to trade but i’m not touching the trade part until we make it to about .01 and even then, prolly just sell about 25%. unless the whole crypto ecosystem is outlawed, i don’t believe i’ll ever sell all my shibs. this is mostly love for the pup on my side. so nana is hodling 😊👍🏼
i don’t know anyone personally who’s sold. i’m a true believer in this project. long hodl af!
gonna buy a big bag very soon. then buy a little every month and staking. this bad boy gonna reach a cent at some point and i want to be there!
i went all in at 0.00000800. was lucky i guess
pretty sure all of us
holding till . ppl think its a joke. doge took 7 years shiba will take half.
so crazy pumping today safemoon doge shib 💎🙌
750,000 my guess or close
i will never sell
holding since i bought in...about a week ago lol will hold for at least a year
💎🤚🏽💎🤚🏽💎🤚🏽💎🤚🏽💎 thats all i am
holding 2 mil right now...
isnt that the point to hodl? if everyone sells evertime it drops .0000050% we will never even hit .000030! its not hard ...dont sell!
all of us ?
price is too cheap not to buy and hodl...
iv only bought more lol
i just like the shib
me, and probably some other people, too.
all i do is hodl 💎 👐 🚀
holding 24 mil on webull and swinging 2 mil of it on coinbase between a few other cryptos to max earnings.
257 people edit 1.3k people.
we still here boothang.
holding 50mil strong we're all smart enough to wait the payout bud
majority of ppl hodling likely have it in a wallet because those gas fees to swap😂 especially if youre staking
i'm still holding and will buy more tomorrow. it's so early for shib.
it's my dumb money. so holding and not worry.
no one most of us sold our bag already
holding? i'm buying more
holding and adding my friend! all day no play
shibarmy hodl to the moon!
holding and wanting to add more
hold! to the mars!
ok i bought ….yea not a lot but that does piss off the doge sub lol
just bought 200 million tokens this morning
holding and buying more every week
hodl all the way up too
dumb question... who honestly wouldn’t be holding????
still holding 30 mil.
does buying more count?
i have 3 shib in my pocket
25 mil so far holding
i’m not holding… i’m buying… went from 10 million to 65 million
i mean i got about 16.5 mill shib, and gained about double, but honestly it was 200 dollars worth that’s now between 430-470 depending on price fluctuations, i’m not strapped for cash and based on other coins, i will probably lose more potential profit selling early rather than just holding. worst case scenario if it goes tits up, i lose 200 bucks, and that’s a-okay with me. best case it explodes and i got a substantial come up to pay off my last residual debt (student loans). really no reason not to hold unless you literally invested every penny you own into it and you can’t make rent unless you sell at a profit, in which case you’re probably best drawing back to a safer level of investment
i wouldn't even think of selling unless i double my investment... and if my investment doubles why would i sell because obviously its going to go up! holding until this
im holding a shit ton of shib & akita
if you go to coinmarketcap there’s a tab that tells you how many holders there are and that number increases everyday!
there is no reason to not hold. we're all holding...
me. i got in on the ground floor of an amazing opportunity. i am a proud member of the shibarmy. thank you coinbase. i started out putting in like . i have 20 miilion right now.
still hodling, but i’ll be honest: i’ll sell some enough to pay off my student loans and that’s it. i’ll be hodling until we all moon and beyond
holding at 1 mil. let’s go doggos!
at less than a cent why would we sell?
i hold 430,000,000 shibs. and not selling till i’m a millionaire.
just diamond hands over here, waiting on the robinhood pump, then i’ll diamond hands some more 🐕🚀
shib fam is a bunch of diamond handed sons of a bitches we do not sell next question plz mic drop
yea, can’t pay off the car yet.
do all the days in the week end with y
holding my shib blissfully without any hesitation 🙌✌️🚀
holding this for another 3 years.
just broke 10mil shib. holding strong
me, i even bought more.
i'm not selling until the money becomes life changing for me. this is the people's coin. this is still the wild west of crypto. you hear a shit ton of stories about people selling too early and regretting it. the worst that can happen is that i lost 1k.
should i convert all my doge over to shib?
i'll take stupid questions for , please... who is "all of us"?
i bought at .000006, wish i bought more, but i am proud of my 14 mil, only wish i had bought more. sitting at a 400% profit, more to come, all crypto investments are hodl
you and a guy called mittelscharfer senf
i'm doing my part.
shib is a baby man this am not selling time ... we grow we hodl !! this is the way -
103 million 💎🙌🏼🚀🚀🚀 let’s fackin gooooo 🚀🚀🚀🚀
only because i cant retire off my small profits so far.
probably those who bought in may waiting for get out of the red.
me, even if just around 13m shibs
pimp slap wit the 60mil right here wassup
life changing gains arent made over night. ill be holding for at least 5yrs💪💪💪
could someone do a comparison with doge before they made it to .73 like to see how did the buyers act up to that point and see if we are going in that same direction.
just joined let’s get it
i got 41m staked. now just waiting for burns baby.
think like 750m? it was at 750656 or something when i checked. fuck me lol 750k xd
can’t wait to sink my paycheck tomorrow into more shib oooooh baby
if you're not holding and buying the dips you're not one of us
still holding. try not to check it every day even as shib is a long term hold
hodl boys and girls till we free. + we in it to win it🚀🚀🚀
are you asking if i’ve paid the .
right here 11.5 mill
it should be in the process of a huge gain coming up like right now. i’m surprised it hasn’t started yet. but, this assumption is based of the “flag pattern” chart theory thing, which i mostly only invest in companies due to what they are about and their tech, not chart patterns. but, shib i admit i am only bought into it in case it jumps up like doge because millionaires like it or something, idk. cause i really don’t care for nft’s, not my investing style. still, according to the “experts” when this flag chart thing looks the way shib’a does, it’s usually followed by a huge gain. not saying it will happen, but i’m hoping they are right
i dumped it had its big run now its dead
i'm hodling until it x1000 atleast ... anything less than paying off my house what's the point of selling?
aye, but had to sell a bit to pay some bills. hopefully getting more again in the future.
i only spent about , i can spend , i'm hodling.
bought 3 mill more when i woke up today on top of my 30 mill i already have. shib will make us all rich!
hold and strong!!! not only i’m holding, i’m buying 500! increase to glory!!
just got in last week with 7 milli, plan to do another 7 milli next week!
told my daughter it is her college fund.
at this moment 750,958 still holding
the people who understand the market. where there is people there is money.
staking on crypto so earning an whopping 4000 extra every week 🤣
been holding since april 🤙🏼
who the hell would sell is the question
i got more haha
everyone is. why wouldn't they? you'd have to have hands of tissue paper to be worried about the recent price action.
are they gonna keep burning shib forever ? since there’s a quadrillion of them it won’t go to €1 if they don’t .
i am holding 10 million shib hope it hits atleast 0.001 dollars
i'm not selling anytime soon. i bought it with some money i do not need so if it tanks i do not give a crap but if it goes to mars (fuck the moon) than i'll be excited.
hold till i hit the millions or die
wait, are you suggesting people are actually selling?
i just bought 20m shib lol
still holding - gone a step further and stalked my coins out locked in for 3 months. not fking selling (wolf of wall street voice)
i look at the buy to sell ratio on coinbase to get an idea of this myself.
u think i’m planning to sell??🤡🤡🤡
i’m still buying & holding
i have 1.7mil shib...when that 1.7 mil shib makes me a millionaire... i'll let it go. until then, i fucking hold.
i am merely a plebe in this army, but i will hodl until i can hodl no more.
to early for this type of question, if your not holding still you shouldn’t be in the army. i mean we just started this battle.
61 million holding here
ain't going nowhere... maybe in 10 years time
over 700,000 unique wallets now we are on the ay
like kenny rogers …...you got to know when to hold em!!! and i am holding diamonds hand until the deal is done!!!!!!
hold all day and night
it's just a start
remember history of doge and bitcoon, hodl and you will change your life
i fuckin bought **more** *and i’ll fucken do it again*
delta-9’er-zulu-bravo. chest pubes to fuzzy wuzzy. over. holding. repeat. holding.
almost 800k of us!!
it's a trick question.
right here, buddy. 🙋
who ganna sell the sleeping giant?
hodling 60 mill shiba to the moooooooooooooon!!
couple hundred million strong🍻
this is the way so always.
10 mil here, i'm doing my part
come on now...you already know...fk'n diamond hands 🙌🙌🙌🙌🙌💎💎💎💎💎💎💎🙌🙌🙌🙌🙌💎💎💎💎💎💎💎💎🙌🙌🙌🙌💎💎💎💎💎💎💎 hodl !!! for 1 year at least!
the more we hold, the more it turns to gold
started from the bottom now we here. started from the bottom and the whole squad (still) here.
diamond hands with the occasional sell at 2900 buy back at 2750
no one dude, no one is holding. jesus christ mods, can we get some moderation on this subreddit?
i need shib to crash just one more time so i can buy more!
what a pointless , karma driven post. op what a fool you are.
just out of curiosity, how many times are people going to ask this every single day?
holding, hodling til its a !
214 mil... hodling for that .01 cent 🙌
i sold all my shiba 480mill got them for 0.0000034 i will buy xrp
we all sold ...no we cannot sell ...or can we
are you checking keys
well the price has stayed relatively the same for awhile….so what does that mean lol
the typical hold time on coinbase is at 13 days, and what was it a couple weeks ago? i only remember when it was at 9 days.
holding on spot, margin and futures lfg
lmao what kinda post is this…hey everyone in r?
haven't sold even a 1. i only sold 20% of my leash because of the whole stupid shiboshi train wreck. otherwise, would still have all my leash too. granted, i plan on buying back asap. i do still have all my bone.
pretty easy to look that up
holding until like .005 or more at least
maybe 75% because otherwise shiba would have been 0.0001 by now
you ask this like its normal to not hold… you gotta be stupid to sell right now
these posts are getting so old
what kind of dumb question is that...
let’s pretend it hits 2cents, and the average person holds 50mil shiba, all 750k of them, that would be 750billion dollars if everyone would cash out at once, you really think there’s enough capital for that to happen? let’s say it hits a dollar like some of you think it could, that would be 37.5 trillion dollars, that’s over 15 times the amount of money that is currently in circulation in the united states, and 3 trillion shy of all the money in digital and paper money in the united states(bank accounts, the us economy and cash combined), it’s just not possible without crashing the value of the dollar by atleast half, it would literally ruin the worlds economy, to put it in perspective 1,000 people became millionaires from doge, and it was possible because only 1000 people owned enough of it when it hit its current value, so unless 749,000 people decide to sell their shiba at its current value and let the price rise to a penny before buying back in, it is just literally impossible for anyone who currently holds shiba to become a millionaire unless they put 10ks or 100ks of dollars into it, in which case once they get enough smaller people to put in 100s or 1000s and get the price high enough they will sell and everyone who didn’t put in 10ks or 100ks will lose most if not all their money because it is only possible to make enough to retire on if you have enough money to buy in at the top end, please prove me wrong, because from the math i’m doing we’re all just cannon fodder to raise the price for a few big holders
i am but only a mil
waiting to buy more. not sure who would be selling yet.
what's this sell button people are talking about?
this is a dumb question. we all are?!
hey we need shiba inu to have 3.29 million hodler’s this is roughly 1% of the usa population just think about what the market capitalization would be
3.29 million hodlers call to arm’s let’s tell everyone who will listen about shiba inu
holding since may 22
the correct question is who is selling & why is he here?
been holding since i joined in may
i bought 6 million shiba today and will buy more on monday! lfg captaaain!
just out of curiosity who isn’t hodling ? no hands , good ! all the others have left the building ! free to fly
who the fuck is selling ?
stop asking this dumb question! the answer will always be, "hodl" or, "still hodling".
looks like a lot. we moved the floor up to .000027ish
i only have 2mil but holding no matter what
imagine selling here. this is at doge 2019 level right now. nothing has even started.
everyone. everyone is still holding that is why the price is just barely bouncing. the question should be when is everyone going to be ready to buy. this is what happen when doge hit and stayed steady at .05.
just staked my tokens on lock for 60 days. it’s only 20 mil but hey 🤷🏽‍♂️🚀
don't know how people can sell like this. like i'm terrified of selling cuz it could launch to the moon any second. stay in the rocket guys. if you get out to grab snacks it could launch whithout you and you will have to pay for a smaller rocket to catch up to the big one.
i had 1 million doge, sold at 8 cents 😔
still hodl and buying in the dips. 32 mm
isn’t this just as inflationary as doge?
me, holding on to millions!
hodl gang hodl gang hod gang 20 mil shibs 🤣
holding with nearly 800m right about now. if it drops again ill put another 2k€ in, but unless it completely crashes i should stay in the green because i bought my first 500m before the boom at about 000005
i'm up to 12mil now
was holding, am holding, will be holdingggg
got a feeling it will go to 0.001 in 5 years
you can see the support line stays after a jump. unless a whale sales out. but i think we’re all in this for a penny
i got mine in a liquid pool. not sure if it is the right choice but still holding!
just you! you’re the only one!
got about 40 mil here. will buy more soon!
patiently waiting to go get my lambo
yea but do not put all your fish in one bucket
keep calm and hodl on!!
hopefully everyone that can hold on for dear life. it is the only way.
i'm not just holding, i'm buying
i’m running the bulls daily.
no choice i have under the minimum on cryptodotcom so they will be stuck there for ever
im new around here but i'm also holding.
holy fuck this question is idiotic
186 mill and holding
what do you mean by holding. nobody is selling why would we sell any shiba for less than ten cent or more. let us get a grip. we holding to the beyond. 🌙🌙🌙🌙💯
wtf, i ain’t goin no where! not even a question!
never letting go my shiba too shiney
i don’t hold i keep buying. this coin is going to .01+ all you’re doing is buying money at a thiscount at this point.
most people are. a few day traders come in and out but most people have long term goals here.
holding shib and doge. moon babies. i stay on the rocket till i reach my goals. goals not goal, i plan on doing a start up that accepts crypto payments from only the top 20 crypto my advisors deem worthy. and of course fiat currency, gold, and silver.
been holding since march 12, 2020
buying a million shibs every week until it becomes too high.
stop these stupid questions...
holding! i just staked 30 million for the next 3 months got another 170 million safe i ain’t touching
been holding since i bought at the ath in may only kept adding to my bag.
i’m holding and adding on dips
i bought months ago, had to sell most of it because the profit was huge, still holding 40,000,000! let’s go!
why wouldnt we be
held 60m for the past 2 months now.
thats a weak ass question
56 million strong... holding for years
probably everyone in this subreddit lol
46 million and change here, buying dips and holding out for the dream! but not expecting much for at least a year or 2. just wish staking was easier to do out of coinbase
til 2025 at least and staked for safe keeping from self on shibaswap
i don’t even can count how many digits i have. sorry for grammar
took some profit because it would be dumb not to but still have 30 mil
sold my initial investment, hodling the rest
still many 0’s to knock out
35milli here and growing 🚀🚀
moi, still at 100 m 👍
752,225 total addresses 14,645 active in the last 24 hours top 10 addresses make up 72.72% of total supply
ya, i keep buying at 0.0000295 and dropped like every single time. didnt go all in yet, gna buy some dip on this one xd
why must this question be asked all the time.? # we all holding
uh why wouldnt we hodl?? we are just getting warmed up
everyone in here lol
me. i've got about 124m and i refuse to sell
i’m holding, buried & i’m this for the long long haul!
20.7 million coins. holding to .1+!
my billions still locked 🔒
got these diamond muddafuggin haaaands
shib army, let us go!!!
i normally do not open post like this because this question has been asked 100’s of times. one, it’s nobody’s business when it comes to peoples finances. i never understand why people post there portfolios online. talk about how much they sold or bought or converted. investment of any kind is usually long term and you ride it all the way out. asking this question and people reading the answers can confuse a lot of people with not much investment experience. asking questions of, “what is market cap, total supply and circulating. “. links should be given for a newb to read and research themselves instead of a community giving dozens of their versions of the definitions. there is more than enough information to help one decide if they should hold, buy or sell.
here and getting more
still here and still hodl to all the same coins!
i quite to smoke about 2 weeks ago after 22 fucking years of smoking, now i will have 100 euro extra every month to buy more shiba, viva shibarmy 🪖 💪
i’m holding as much as i bought!
4,420,420 shib held with gusto.
bro not selling. .01 - .10 somewhere in there maybe. this is my money for my son and to make sure he doesn’t have to worry about money for his family. if there is anything that shibusd is it’s a better life for all of us.
fucking everyone who wants money.
i’m not ducking selling. did transfer a portion of my gains to saitama before yesterdays bull run.
i’m holding at least until 2025
i’m holding till it hits a penny or 0. no other options
just bought another 12 million!
holding till we moon baby 500 milly 💯⛓💪🏻
how many are just chilling not even thinking about it while holding because they know the big win is in patience. that and being confident (and safe) when adding on during dips?
hodl for years! this is a perfect 5 year (at least) hodl too many paper hands, eventually they’ll miss the boat
holding since 0.000006 and never selling. up 300%
holding it like i'm taking a piss
better question is who is still buying??
630m at 0.00000797 average 😁
just look at all the wallets 😅
sold some to reclaim my purchase and some decent profit. holding the rest for a hopeful early retirement many years to come.
every time a post like this pops up, i check to see the progress.
just bought 1 billion shiba inu! let’s go to the moon!!! yolo!!!
holding till my palms are sweaty, knees weak, arms are heavy,till vomit on my sweater already, mom's spaghetti, yeah i’m holding till i’m nervous, but hopefully on the surface i will look calm and ready because on the moon there is no place for paper hands😂😂.
just bought another million minutes ago
still holding and buying
been and will continue
all of us fool
as a joke. yes im holding. the other 99% of my invesment is in sound projects that will be around for the next decade tho
bought more this week why would i not hold? why are you people insisting on being so fucking flat
18kkk and waiting xd.
couple hundred million. no sell order, no stop order. they are just gonna be there for the duration. if these paper handers wanna sell for .000027 i’ll even buy their share. sooner they sell the better.
i got a few mill. plan on forgetting about it for a year or two lol. coming back to a penny
i joined later than i would have liked but...i will not sell my 80.5 million until i'm in the millionaire column!!
i lost my recovery passphrase, so…. i guess me? lmfao
i bought 15 million for . i was buying more occasionally than i got super busy and forgot. my only regret that i didn’t keep buying more back than. i’m not here to make a couple hundred buck. just going to hold for a long time.
will hold for 10 years
if it don’t make me at least 100k then it’s going in the will i will never sell
im here for the long haul. besides liking all the things the team is doing, short term trading isn’t really worth it when you add up the transaction fees, gas fees, and tax implications. unless i have a really good reason i’m in for a year minimum, possible much longer.
over 20 million 💪
holdin my junk, holdin my head up, and holdin my shib close to my heart!
diamond hand bud…...figure it out!
holding over 11 mill and staking 8 mill bought 1 mill for .
hodling til the dog catcher comes 🐕
the only time i’ve touched my original investment was to bury it in the swap 😁
i am holding 37mil baby
really!? how many times do we need to see this question?
i wanna see shib east another set of zeros before i'm out
just you and i so 2.
i have account on coinbase worth 800% about 50kk shib now it’s 2,2k ask me again in 5 yrs hold hold hold 💎💎💎💎
hell yea cant sleep 500000000.00 x .01 guh!! yea baby
what kind of question is this? i will never not be holding.
i just sold. this stable coin is not going anywhere!
what this soldier just said ☝🏼
the hodl fucking army. moon
thanks you saved me an answer
hold the lines no retreating
shib's gotta correct at some point and i'm predicting it will implode with novice investors+greedy whales selling like mad.
i am holding. but according to the stats now 74 percent holding against 26 selling. a week ago it was 80’t be good
i just wish i bought more before the last zero fell off.
ewing it baby ... swing it ...
swingies get the rope. everyone knows that
on the bright side. shib has a faster growing momentum than doge had at the beginning. i can see the token taking less than 10years.
i was one of those guys. wouldn’t have been a millionaire but would have made a decent chunk. i refuse to be that guy this time. sitting with around 12 million in crypto.com and coinbase. hoping to keep pushing up and get around 100 million+ before we lose another zero
and doge would multiply itself, have puppies and dilute you. shib bury bones and support nft burning supply. hence the name. doge killer.
i’m one of them. not gonna make that mistake again.
but this is not doge. we will never hit a cent!!!
i think the whales will keep selling and taking profits so i think it will be different from doge as so many people are now aware of shib and crypto in general. unlike the rise of doge which was obscure and completely in the shadows. having said that i do think long term holders will profit well from shib... i'm holding for a minimum 5 years, unless we get a parabolic spike like the last one, i'll take some profits.
doge has elon musk pumping it. who does shiba have?
these whales in here been to the moon. we going to infinity and beyond with this rocket ship on wheels.
i put what i would of spent at the store or the gas station if i didn’t go and throw that at it.
retiring for the possibility of hodling
this- just holding a shy 8m in shib, not sure if i can add any significant amount due to financial circumstances, but it is money i can lose so it is okay- if ever it reached a dollar i'd have enough to retire and raise a family. if ever\~
when we start playing a milli
held ever since it came up on coinbase. the spikes made me look for this to get news and memes lol
thanks for the only good response, just goggle it ...
consistency is key. just like dad consistently left for months on end. :,(
dumbasses who think this is still a useless meme coin. aka, no one who was holding. i have no clue if op is a noob or just testing the water
ethereum is for retarded imbecile
question. it includes purchases from crypto.com and coinbase or just external wallets.
buy more. another good wave coming
i did the same thing
now that i think about it... my girlfriend’s husband would.
it’s a question based on curiosity.
you just be top 69
good question! why would some ppl sell at a rise of .01%
if it ever even hits 1cent 500k people will sell and crash it into oblivion, a few people will get rich off shiba no doubt, but it’ll be the fastest and largest to sell, the rest will get burned, as is the point of the people to try to drive up the sales, the money doesn’t come from no where, someone has to lose in order for others to gain, we’re just the cannon fodder for the big players to get rich, but it’s always fun to dream and i’ll be holding mine, but i don’t think it’ll ever be more than a dream, i hope it comes true, but i’m not investing more than i feel comfortable losing as it’s just as likely or more likely to happen than becoming a millionaire but i’ll dream and hope with you
soon they will learn how to grow diamonds in their hands.
had that same thought cross my mind today.
it’s exactly what my wife said.
no. 100k is not a million
and i will buy 100 million more within thia week
🙌🏽 it has always been :)
thats not diamond hands though...paper hands you are laddy
apparently there are quite a few practicing this technique
only till it hits a penny
i just sold 1250xrp to buy shib
i took a look at that this morning. people are learning to grow diamonds on their hands.
i was in the belief that it was a token.
sometimes in life it’s good to engage with the community too just hear i.
this on is brand new.
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**this word(sell) has a few different meanings.** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(delete)]( ^() [^(report)]( ^() [^(github)](
was it this morning? i probably bought them this afternoon moon. 😬
good soldiers follow orders
reporting for duty sarge!
i’ll sell in 2031
my wife will sell mine when i am dead
i sold the 800 cardano i had and put it into shib about an hour before it took off out of the .000009s
don’t make that mistake again!
that may be true. but, a lot of people will hit a million way before a penny if they hodl long enough.
how do you know? world population is growing everyday and crypto is getting to places.
it's my 1st time buying anything crypto, i was alittle worried about the purchase, but yolo! how much you buy?
having anything over a million is a good start honestly . whether it hit a cent or even half a cent the financial outcome from it is going to be amazing . i’m fairly young and would like to be able to retire early and possibly start my passion . marine biology .
fuck mars. we are going to pluto!
he’s just going for cigarettes. he’ll be right back
i think its a dumb useless meme coin but hey its made me a little money so keep holding
you're not the brightest bulb in the outhouse huh?
i'm trying! i cannot get paid fast enough!!
pathetic, be sure while he watches next time that he is holding a snack tray while in a maid outfit, and has to wear a painfully constrictive chasity cage... flush the keys.
this is why i’m out at 0.0003. ten x from here and i’m taking my 120k and moving on. even if it goes up more after that. it will be such a loong road and in order to not get burnt one will have to be fast to move. you’re right. there’s people still holding from the beginning and if they sell at 0.001 it will likely gain back another 2 zeros. now i’m not sure if that will happen cause i’m still newish . on the other hand. didn’t doge hit 0.01 and then drop back down a lot for awhile? fomo is a powerful drug and the higher it goes, the more newbies will come in via robinhood or coinbase to hit the next profit train. i was a huge fudder of shiba but now i wouldn’t be surprised if we do hit 0.001, drop, then hit it again, and move beyond.
let’s pretend it hits 2cents, and the average person holds 50mil shiba, all 750k of them, that would be 750billion dollars if everyone would cash out at once, you really think there’s enough capital for that to happen? let’s say it hits a dollar like you want, that would be 37.5 trillion dollars, that’s over 15 times the amount of money that is currently in circulation in the united states, and 3 trillion shy of all the money in digital and paper money in the united states(bank accounts, the us economy and cash combined), it’s just not possible without crashing the value of the dollar by atleast half, it would literally ruin the worlds economy, to put it in perspective 1,000 people became millionaires from doge, and it was possible because only 1000 people owned enough of it when it hit its current value, so unless 749,000 people decide to sell their shiba at its current value and let the price rise to a penny before buying back in, it is just literally impossible
and you know for once wife is right, happy wife happy life
thanks, you have no idea how expensive those things are.
there is 9000 crypto not gonna miss this one for a sec it did its job time to move on i never get attached
till that moment it doesn’t dip back lol
he didnt pump it. he rejected it by saying he didnt want them. he didnt burn any (he put them in cold storage in a hard drive) and gave some to charity. he hasnt spoken about it since. meanwhile, elon goes on twitter once a month or so and pumps doge.
ohhh-- hoping we all achieve our dreams and passions, honestly even if it reaches 1-10 pesos (my local currency) i'm going to sell half of it so i can finally have my own home. i'd still be working but i can work without having to get out of my country and i can be with my family.
we going to uranus and his anus and her anus. thanks to papa elon.
maybe in your life it’s the same to doge. but in investing in cryptos you have to consider what every human can do with something. compared to doge it has infinite potential as a real life application. at least you can buy nfts and the burn ecosystem is creates heavily encourages to invest and hold. it’s had a very successful run so far and it’s only gaining traction.
not most brightest, but one of the too brightest
totally get it. every little bit helps. i’ll throw
that not how crypto, stock investment, or fiat currency works. but you are right of it all being impossible.
what kind of question is this... only a paperhanded person would ask this...
i heard this was the way
that’s a positive outcome i support. hopefully( not going to say it’s going to happen) the ceo of robinhood during his interview today announces something regarding shiba.
butt stuff for under a penny! sum bitch i’m in!
take your word on it cob. just as long as it goes up. couldnt care
funny enough, that goes a long way right now lol
what was wrong? not trying to be insulting or anything just curious as to how to fix what i said
yes. but with whatever amount you're comfortable with. not financial advice.
the worst choice is taking financial advice from someone in here. do what you feel is best
the ada people are going to thisown you! lol the shibarmy will welcome you as a 🐋!!!
i personally wouldn’t like to miss out on what will happen after the robinhood listing onwards
if i were you, i would convert between 25-50% tops. no more than that because cardano’s 5% staking rewards are golden compared to a regular savings account... nfa!!
not a financial advice: if you get in at 0.000048 you get around 1.14 billion tokens, if you sell at .0005, you can make over 500k.
why not just do half, not advice but a thought
i love ada and shib, but shib is so much more fun 😂 do what you feel is right for you
can you afford to lose it?
wht not just take 15k and put i to shib leave the ada it is good if shib continues to skyrocket. you will make a nice profit but still have plenty of ada left it is good.
if you have 55k in crypto, you're obviously wealthy. worst case scenario is you have to get a job.
nah bro. ada still the best bet long term.
with the crypto world as a whole being in an odd position with btc, eth, doge all down, but shib currently at .00005, it is impossible to determine which way any coin is going to go. ada always seems to be on the brink of big things, but they do not seem to effect the value all that much. i do not know if anyone can say for sure what caused shib to spike, other than a whale buying around . if it was influenced by that purchase, or any other singular event, it makes me wonder if a steep correction is coming. honestly, every one of us wakes and wonders what shib, ada, doge, etc are going to do today. my wife and i hold just over a billion shib, and have a decent amount in doge, as well as eth, bake, and a little bit in a few others. i never have any idea what is coming. i try to research as best i can, and make educated guesses. i try and make changes in increments so i can live with my decision (so my wife does not kill me...lol). if you have ,000 in any coin, you are doing something right and i doubt would jump in uninformed. sorry for the lengthy response.
would’ve been best to do it during the dip a month and a half ago. don’t lose money because of fomo
well i guess you missed on another 10% now if you didn’t invest already
not near as much, but i did this with my 100s worth of ada yesterday. so far it is been a great call.
i have a hundred million shiba. wish i could buy more.
well, the answer was yes
if shib acts like dogecoin, it could hit .0012 within a month, that’s a 15x increase… think it’ll happen?
ur call, but the real question should be, do i wanna be a billionaire or no?
are you shitting me... get fickn shiba now.
you don’t make money with scared money
all my friends keep asking questions about shib and if it’s worth it to buy now. bruh i keep telling them you think it’s high now wait until that shit hits robin hood and a million more people bought that shit and you paying an extra zero for it now lol
diversify, sell half your ada and buy shib, then sell the other half and buy shib.
i think 0.01 is assured so hell yeah with that buy in ’d be sitting pretty
hopefully you made this choice an hour agonlol
the way it’s looking i would say the best🤷🏻‍♂️
the more you think about it…. the less you get 🚀🚀🚀
the wave with shib rn is very smooth. i know that’s what i did when ada was consolidating for the longest, but always go with what you feel is right. you may be taking advice from someone in debt or someone who only invested ’re in shib but they’re not. never let someone else make money decisions for you.
do it bitch too the moon
this is the dip so buy in now
do it. ada isn’t moving
can you gamble ? do you like being filthy rich?
at ath? i would not.
shiba is showing strong movement... and it gettikg more and nore attation, i dont even know what ada is ... i would only go shiba then any other crypto. last time i checked on coinbase shiba had 81% buyers but do what you feel is best. so far im very happy with my shiba position and think i should increase more...
so did you convert?
convert... it's a game of trial and error
no. cause eventually ada will soar. ada has way more investment in the actual blockchain tech, shib is a meme. diversity is the way to go.
i just sold my lambo, maybach and the 2 ferarris the other day to buy more shib *interenet bs*
sometimes greed will bite you! plus your paper hands will take part in messing up our progress. if you don’t really believe in the coin, leave it alone. but if i were you, which i’m not, i wouldn’t put all my eggs in one basket.
spilt for now and see how it runs
you should’ve done that a week ago. you could’ve put it back and you’d have your original ada amount and a big old bag of shib.
personally with adas outage i’d say this is safer haha
i did this a few weeks ago. you won’t regret 😏
sheesh i made the mistake of buying the coins my friend said to buy. i had 7,000. he has me put 3,500 into erg and ckb while shib was at .000005-.000006 and just a couple days of later shib starts to moon and the coins he told me to buy hella tanked he’s my best friend. still is. my mistake for listening damn though was it a mistake xd
man ada will not move like shib it’s not on robinhood yet
go all in. bet big, win big.
a few months ago my buddy converted his ada to shib. its worked out real well for him. we have since lost another zero. dyor though. shib has masive potential with all the upcoming projects. nfa
i hope you did given this current pop off as of about 45 min ago!!
do it and post the ss
if you do, you could regret it. if you do not, you could regret it. flip a coin.
add leash & bone good luck 🙏🏻👍
i exchanged . added to the pile. been holding for months. army up. let's go? edit: yes. let's go indeed.
i'm not sure what happens next with shib and ada, but if i have to make a wild guess, shib moons right now and ada moons in a couple of months. do what you can with that info!
officially in shiba army with 31 million coins, small cheese compared to others.
let shib cool down, ada is going to pop soon. get a bag off ada then come back to shib
can you spot me like 10k? thanks bro
i think best, that 55k will be 110k soon
should have done that a long time ago look ak it now
lol. i thought i was crazy selling off 500 ada for an little more than ...big balls in play
the best choice is not taking financial advice from people on reddit.
yes please do... u help us all
like with all investments, diversify. i am holding shib but also ada, dot, sol, matic and few others. right now, shib is having a great run, but at the end of the day, i see more potential in ada to become really big. so i would at least hold some ada besides shib.
if you’re not sure, split the difference. 50.
fuck yeah! when it eats about zero you'll be happy
shoulda done it already but yes.
i did this a month ago, ada to shib. best decision i’ve made so far. 766% profit. do it 100% not financial advice
i swapped about 150k worth of theta 2 weeks ago and have been smiling ever since!
when in doubt, move half keep half.
ada is a-sleep! run that dog!!!
do what everyone says
yes please do it. help the shiba army out some more. thanks if you do!!
yes, you see how shiba spike so fast it’s just the beginning, your money will take you to the moon, ada doesn’t go anywhere it’s stagnant. it’s 10-20% increase unlike shiba it’s like 1000%- 10000000% increase
so it was a great choice!
sell the one that hasn’t pumped to buy the one after the biggest pump?
shib will pass ada so yes!!!!
brother i’m just waiting for my dogecoin to clear from robinhood and i’m buying a billion i also pulled out my 19 year annuity lol gonna call my hall tomorrow and see what the penalty is gonna be
it’s being going up for a few days. honestly i think it’s gonna drop soon. better wait a bit and buy the dip
do it ada has not done shit shib is up 500%
ada is a slug. do it.
come to the shiba side. ada isn’t moving
not thiscrediting shiba, i have it also in my bag. safemoon is the best option. you can increase your portfolio both the price and your tokens balance because of reflections. plus it has lots of projects on the cue. within 2 to 3 months safemoon will surprise every other coins and tokens. and you'll be one of the pioneers if you bag some now. it is just 7 months old.
i think best. i'm gonna do the same
don’t forget to add in any tax implications if you sell ada...
never go all in on anything.
shiba all the way. ada people are pretentious cunts.
make your own decision unless you’re that insecure. in which case dm me and i’ll let you invest in my venmo account. it’s the best decision you’ll ever make in your life, if you really need strangers on the internet to tell you what to do with your money.
i would put 5k max... to be sure... but ada sucks anyway ;d
play it smart my brother do not invest more than you can lose
not a financial advice... but y e s
stick to ada, keep adding shib
no, diversify but not put all of one asset in another.
do half play it 50
maybe half that so it will only be half as bad? 😅
i would do it the returns are much more with shiba this is not going to stop up trending or atleast half of ada into shiba
ada is going nowhere fast. i converted to shib
won’t know until you try
welcome to the best team in the world.
flip coin so it is not your fault 🙃
definitely most of them did it including me
personally i would have. shib and matic i think will be around for a while. plenty of good projects out there depending on what your going for.
did that swap already ✅
personally i would, i think shiba has alot more room to grow and i think its gonna start running hard here in qtr 4.
i would definitely consider it. this train is rolling hard and it is gonna take a lot to stop it. you could make an obscene amount of money.
do that and in a year you can jump back in ada at a price of .13 to.70
i converted my ada to shib. been climbing ever since. not nearly that much though
i own ada aswell. i put the same amount i have with ada into shib and already doubled.
do it bitch(damm that dave chapelle)
don't you owe takes once you convert. make the right choice. i owe takes on almost 40k that i do not have anymore
not financial advice but could put half in shib and keep the other half in ada. that way it’s a little diverse.
at most sell some ada to buy some shib, but def not all your ada imo
if you believe more in shib then ada, then sure. if you believe more in ada then shib, then no.
maybe just put some in and keep some ada too. maybe half.
ada is joke let’s do it
real talk, pull . keep ’s at... put
right now price so high waiting for correction
shooot that is tough. where will shib be in the next 6 months? where will ada be in the next 6 months? that's tough but i see more profit from shib in the same time. i'd still keep some ada, i have a little still.
you’ll double your money when we kill a zero!
maybe just do 20k?
ada may pump a bit off it’s 2nd dex
do it and then reinvest with ada. shiba is a short term pump and then you can return to all your wildest dreams long term holds on a level you never could have before hand.
do it! this is not financial advice.
maybe 10k at best
should keep your ada and buy shib or maybe do a percentage of ada to trade for shib. don’t bet everything on one type of crypto. maybe do 30%.
use your original 15k to buy shiba leave the rest in ada
this community is dynamic and active, that is one of the most important aspects of crypto investing now a days imo.
i mean ada has been going sideways for a bit. you could probably switch it to shib and make a nice profit in a short period of time and get back into ada without missing much.
i would do like 20k not the whole thing
i own both. don’t if you’re in it for the long haul
take out 50% would be wise. you won’t miss ada too, when it flies. diversifying.
do it. if it doesn’t moon you can go back to ada. it’s not going anywhere past 2:40 anytime soon.
absolutely, ada has had its biggest booms... so the best bet would be to move it to shib and roll the dice on making a huge profit. start with 30% of the total you are considering swapping, and just calculate the gains after 3-4 days and the make the decision.
i did exactly this welcome to the club and making five figures of profit a day
i don’t really follow the ada coin gains. however i will say shiba is rising fast. you could invest and become a shibillionare over night.
when we hit a penny you will be lambo
before is too late🚀🚀🚀🚀
i have both. and ada amplannig to get rid of too.
it's likely to be the worst choice if you just move your entire holdings into one coin. won't it suit you better to diversify into both and dca with shiba? given the upward momentum people are expecting it to dip slightly. thats my fear, that people may start taking profits and we could see a dip in the short term. so idk if it was me i'd make this transition more slowly. edit: reading the comments it seems you can afford some losses so do what suits you
just do like . it’s still a shit ton
i yolo’d my full crypto-net in to shib today because i believe it’s about to pop but it wasn’t near ’s also money that would hurt but not affect my family so it’s a gamble. that’s why i’m in it though. 😂
i know nothing about this coin for the most part still and i bought 170 million coins mainly because i) price point ii) it fucking doge can hit 30 cents, anything is possible iii) if it becomes live on wealthsimple and robinhood, you’re going to get people buying into this for crypto, again, because of the price and they’ll hold because of the friggin dog
you’re too chicken to!
i do see a 0.0001 shiba, i do not see a 4...
it’s going up but that amount is you. hold strong and long 💎🐾💎
just hold what you have and invest what you can into new coins, i really feel like jumping coins causes people to miss out.
may be diversify, not best place to get advice, most will advice you to keep in shibu, because this is shibu group.
hell yeah you should
leave the 55k in ada or maybe do like 15%. but don’t take it all out. ada is for sure better for long term gains! that is what i would do…
i already sold most of my ada for shib. best decision i made so far.
op is whoring his mouth for karma. he only has 55k in monopoly money :)
ada is stronger in the long term. shib could pumb again. it's a very risky move.
no…i’m keeping mine. just buy more shib!!!
depends if you can live with out that 55k. always invest what you can afford to lose. but the way that shib is going gah damn
yes ride the shib train
exchange 100% to •not a financial advice. financial coercion only 😂
yes ! 1000 times yes
do it. i own 87m shib and still thinking to buy more
ada is not doing anything anyways! it's been fluctuating between 2.00 and 2.25 forever now.
do it, make your money...then put it back. cardano staying low for us thank god, be we all know it is going to run up soon!
not all of it, just diverse your shit man
go with your gut.
yea, yes you should!!!
the late colonel sanders said: “i’m too drunk to taste this chicken”.
put in what your willing to lose is what i always say
i don’t pay taxes if i convert right
i’d go for it, but the choice is yours. 👍🏼😀
don’t invest more than you can afford to lose.
i’d stay diversified if it were me. do what you want.
go halfsies, its that simple
bro i know this sub is all about shib, shib, shib, but absolutely don’t do that. that would be a very stupid decision.
i hold ada and shib and i know your dilemma very well. ada is moving sideways, noone knows if or when it will next moon. my advice is take some out to appease your shib mind but leave a lot of ada in. if ada moons we are talking dollars not cents - dont wipe yourself out of ada running either. and this is financial advice lol
ada is a jerry coin
if you want to better your day, hold ada. if you want to fully better your financial life, load up on shiba.
the best... again in ath
take your initial before you do anything. at least you'll be playing with house money and would not go negative
only do it if you like to win!
why reduce your entire holding. just split it.
it would be the worst choice of your life
he who hesitates is lost.
i would. shiba is the safest way to increase at a rate no other of the top 20-30 are growing at
do you not will dont it finanshal advise
beat choice , do it do it do it!
0.00005 today 0.0001 tomorrow by the end of the week 0.01 dreaming lol
so far whatever i have swapped into shiba has been a great investment. im holding 69m for the memes!
don’t need 55,000 to buy a billion shib, never mind now you do. lol
go with your gut, you can do half if you’re comfortable with that too! not financial advice
youre posting this in the shiba sub, what answer are you expecting?
i did that a few week ago. ada was my choice coin for the future but it’s been stagnant for too long. i got ballsy and cashed it in for shib being that this is the beginning. made ,000 already in three weeks. don’t think on it too long cause you’ll miss the gains. i say do it and buy back in later. ada isn’t going up anytime soon.
will it go up, will it go down? it's always a gamble with crypto. one bad word from elon, or some weird chinese action and all goes to shit. i gamble up and keep on holding. selling your ada might not be the right way, because also ada has a bright future (they say) ahead. i'd keep ada and if you really want, you can always buy shib.
i’d say yolo it right now it’s short term upside. so in my non financial advice opinion do it! and thank me later!
if you don’t do it you’ll regret it
best time to buy shib was 3 month ago. the second best time to buy shib is now
we welcome you sir ❤️
i wouldn’t do that for sure, i would put it on alt coins such as solana for the long term for sure. i mean that’s my opinion.
i would not personally. maybe a portion of it, like ? but . but then again, apes gon ape
sure just add it in increments. averaging in either direction is better than taking a 30% drop
i grown in already ,000
maybe wait for the pullback? regardless i recommend
very risky… buying into a pump that is
good job selling ada for a low & buying the top of shiba😹😹😹😹
waiting to enter with 40k zee dip
best choice as we will flip ada in less than 3-5 months
best...ada the slowest moving development team
duh, ada is pointless
take a gamble brother
thiz iz the way
no, please do not. only keep money in shiba you are willing to loose. i cannot emphasise this enough.
one does simply whale into shiba...
dont be to greedy, thats my advice for you. everything that is going up will also go down. put only what you are comfortable to loose
i respect your decision, just do it, buy more shiba.
hotel california. this could heaven or this could be hell
"this could either be the best choice of my life, or the worst." ' well i can tell you this. it is your own choice
not financial advice but cardano has been moving a little slow, hasn’t it? 🤔
do it do not think about it let it go
i’d rather pour everything into
well someone just spent over (or wealthier) or incredible poor
we are in this together... risk it for the biscuit man... we could be rich for our whole life
i wouldn't do that, maybe take 20% of that into shib.
funny how you think it is your worse. ada is a ghost chain. shiba is the future. we gonna flip ada sooooon
a billion?? holy...there is always a bigger fish
i bet he won’t do it!
the truth is that nobody knows what will happen
not everything, maybe take 10k and you'll be good, do not dump everything
i do not have 55000 dollars but i exactly did (converting all my adas into shib) 2 days ago and i dont regret anything. im having exponential gains compared to ada. this does not mean you cant reconvert it into ada in a future though!
“shut up and put up, pussy.” warren buffet-probably seriously though, you could be taking financial advice from a 13 year old on reddit
naw buddy move 15% as a meme hedge you got keep some stability. i don’t have 55,000 to move but i pondered moving 8,500 of another coin into shib. so hey do you boss
i personally would but this is not advice
yes before it goes back up
do it!!! i only had 10% of that and put it all in a couple weeks ago, i think i made the right choice for the time being 🤷🏼‍♂️ but do what you want, i’m all in on shiba now.
don't do it but if you must then just do 50%
ada is okay but shiba seems more lucrative. but you should do what you’re think is best.
this decision may haunt you for the rest of your life…...choose wisely
i'm an ada fan so i wouldn't. i would just buy shib as i can. no problem owning both in which i do...
well if you put it down it may go up or down i’d wait see what happens sometimes there’s pull back. but i can get that at minimum it will double
what do you expect the answer to be?
i just converted my xrp, small holding of eth, doge into shib & i am up by additional 15% !😂😂😂 do it before its too late ! if not all fund atleast 50-60% !
financial advice- go have sex; buss off then make a decision
as the casino phrase goes… all in.
definitely should have 8 hours ago.
shiba is a welcoming community.
do what you feel is best, but don’t put in more than you’re willing to loose
welcome to shib family 💪
i did it last night
i hope you converted a long time ago...
half and half maybe?
at this point, make the swap, set a stop loss order after a while on coinbase pro. worst that happens after this run is over is you break even or a little ahead depending on your order.
not financial advise. but i did, sold my ada and welcomed shib, feel like i should have done this a while back. i staked ada since may and rewards are not worth it.
it would have been the best choice a month ago. but your financial situation is your own. may the moon find you well.
best choice if you know what you’re doing.
this is the way! 💎🙌🏼🚀🚀🚀🚀
at the moment it is looking like a good choice but you better keep your eye on it.
ada just dumped today. you can’t sell now!
i moved over 2 eths weeks ago. good choice to far.
idk about all of tokens but i wouldn't be scared to do half. look at what using the internet for the greater good can do? banning together to create a once in a lifetime opportunity to actually have a savings account one day. that alone is worth investing in. not financial advice
i would do it but be careful. lots of volatility.
use an exchange that lets you do stop orders just in case!
honestly, i would convert half to some other alts if you don’t own any, matic atom or sol are a few that i won’t sell, and then yeah, covert the rest to shib. ada hasn’t done shit for me either.
did the same with my doge and entered shib at 54
id do it but im super bullish on shiba.
your own choice!! no one should tell you what to do!
best advice, flip a coin, heads shiba, tails ada. yolo
let’s go with the yolo into alts. try a little kuma and shib and we’ll see how it goes. ada is my favorite mainstream coin, but alts have room to drop some zeros faster, if you know what i mean. 😉
i think you should do what you want. this is a great investment and so is ada. only one is pumping like mad right now and that’s shib. obviously you wouldn’t be here if you weren’t on the verge of doing it. you should do you!
this is the way. 🦍 strong together
this shib ain’t goin nowhere
if you can afford it why not ?
lol this didn’t age well. bet you’re kicking yourself if you didn’t.
half in shib other half stays in ada
you'll need to do some soul searching for this one.
sell your house and car and buy shib with all that extra cash monies. you didn’t need it anyways
ada should go up soon i was thinking the same thing but na… amp is also got great potential… shib coin has no purpose never forget that
yes, do it, we're not stopping here. do it now or regret it later
i do not know why you have not done it yet
just bought . thinkin about liquidating the other 1200
i would 100% but that’s me
should?...that is like asking should you bang your wife when she is in front of you in some crotchless panties! ' on the real thought, ada's going down for a little. so yes shib vest and w.
i just ape in all of my other crypto in shiba, as they say you only live once. ape strong toghetha
i think putting an extra -15k would be perfect. ada may still have potential, so keep some of it!
your money, you decisions, buddy.
only 1 way to find out!
no safe to show off your positions….
do it. not financial advice
i hope to god you made this transfer.
change. this is the way! to the moon!!!
you do not need to cash out all of it. leave your gains and let it ride. just pull your initial investment and diversify. not financial advice. i obviously dont know what i'm talking about.
just put in 10k, i trust shib but you never know. if it goes to the moon, you'll be a satellite at least.
increase only what you are willing to lose.
why exchange all of your ada? this is not all or nothing maybe do 20k leave some of your ada
i already did it at 2255 and i am happy by doing that
you should spread your risk not highly concentrate it.
i cannot speak to your volume but i flipped 50% of my ada 12 hours ago and i am flippin happy
should have done it yesterday bro lmao
if you do, then send me a pm and i will drop 69% of my eth into shib.
it’s a different answer depending on your goals and risk tolerances. as much as i support this coin and community, it’s going to correct some at some point. i think it will rise again to new ath after that, but when and for how long is unknown to all of us. you’ve got to be willing to stomach watching your principle go down tomorrow and sticking it out. i think this token and community are long-term winners, but if you’re just trying to paper hands a quick profit with what may be a substantial chunk of your investable assets, then i’d proceed with caution. all depends on your time horizon, goals, and individual financial situation. good luck deciding!
sell everything to buy it is the new usd that meet the requirements for the 99% but not suitable for the 1%
if it was 0.00002 and you invested that it would of been a good choice lol
hopefully you did it haha
if you did not do it, do it now.
not financial advice but if you want to make a whole lot of money you should jump on this while it’s cheap!!
yup. this is the way
do it now !!!!! i have over 100k in shiba best decision ever
ada doesn’t have a viable product. nothing is built yet. it’s a useless coin. shib to the end of the galaxy.
did you do it?
do it before it’s to late
if it was me i would have done it weeks ago
why do you have to move it all? just move some gambling money and remember you’re buying after a huge pump, but if listed on robinho happens you’re in for more pumps
" this is not financial advice" but... 😂😂😐
it’s a 1 global currency now
could be good if you’re looking at short term flip and taxes won’t fuck you. but i wouldn’t long term (like more than a few days or weeks; judge for yourself), that dump is looming
i have to agree with most of our brothers here… but what you can afford and buy based on your own research. none of us can assume to know what’s going on in your personal life so it’s really up to you my friend.
not able buy or sell with coinbase or crypto.com
i hope you legit did this before today’s rise
you do not touch your ada.
i’m a huge ada fan and believe it in, but i also believe in shib, all in all i wouldn’t do it
you should ask the same question on wsb subreddit and see what answer you get .
the answer you were looking for, was yes :)
yes. all of it
if i had that much i would. nfa
i don’t have the courage to sell my ada yet… but if this thing rockets, then i’ll look back and kick myself… anyway, good luck bud! trust your gut!
burnashib.com guys, i’m making an online store where proceeds will go to burn shiba inu, don’t have to buy, but please check it out so and let me know what to improve.
that is a lot of eggs in one basket! do what you can afford only.
always buy more shiba
no no shiba is a great deal for now. this train will end. ada is for a long-term deal like bitcion and so on. if you have 50 million in shiba your pay day will be nice. this ofc is my opinion not financial advice
100% will be the best decision of your life!
if feeling on fence go half. i always do that but i’m far from an expert. i just want to build my finances to get out of paving roads lol
idk man. i have a good feeling about ada. maybe take half?
if you have to ask… then you probably already know the answer ;)
no chance in hell i'd go all in but without a doubt would put maybe 1. diversity is not a bad thing. not financial advice.
you only live once. do what you want but if i had the money id gamble the shit away
are you in the army or not, is the question?. you can’t serve two masters when we at war with dogecoin. on ig
i wouldnt fomo in with all that money… put in 2k not financial advice
yes! you got to do now before shib drops another decimal point 💎🚀
sell your kidney to buy shib🚀🚀🚀🚀🚀 to the moon
so you come here for financial advice hm okay sis
no, perhaps 5k of it
best choice 1 month ago... not sure i would do that rn... but to each his own...
put what makes you comfortable
bet you're regretting not doing it.
nobody here is a financial advisor. this is a wendy's.
buy 10, momentum train
the best i just swap most of my assets to shiba inu, it has a lot of application, like payments, nfts between other their own swap. nfa just a friendly experience shared to some mates.!
do it, you won’t
if you did this, you banking rn
just a naive question from someone who does not know: isn't ada total garbage ? i joined the crypto thing a little late. at the time everyone was talking about ada but the price was like 2.12 for like 2 months (which felt more like 20 years). one of the lamest coins in my very subjective opinion
you woke up 100k richer today
dew it!!! however i’d definitely hang in to some of the ada at least. i got a feeling that coins just waiting on its moment quietly
half and half we can’t leave others hanging we need to support each other 🙏🏼
dang... wish i have that much ada. i will never move mine because ada is going no where... but imagine shib hitting ada’s price...
dude sitting at a lot now
the absolute best but still a year out before you start seeing big rewards.
i wouldn’t do all since ada is a good project too but i’ll do !
your ,000 in ada will be worth ,000 by the end of the year in my opinion! you already have ,000 in shib! keep your eggs in different baskets in my non financial advise opinion!
that’s good that you did it yesterday because cardono went down yesterday i mean today and shiba inu went up yesterday and today
do what feels right for the moment
just do whatever makes you the most retarded. it’s what we all do.
bulls get fed, bears get fed… pigs get slaughtered. - some rich dude.
yolo not financial advise 😜🚀
idk do you want profits or a stable coin lol? jk no offense to ada holders.
hard one the way shiba is going it will take out another "0" very soon. think fast because shiba inu is moving up.
let’s do it!!!! exchanged my eth
ya do it at shibas highest price ever 🤣. should've dowlne that a week ago 😂
improved ada smart contracts are coming sooooon, but with shib you’ll go to the moooooon.
take out a loan and buy all shiba. can repay loan no problem in 30 days.
uhhhhh……. yes yes yes 💎🚀💎🚀💎🚀📈📈📈📈📈
do it! this is the way
yolo go all in
do it now b4 you miss out if i had that kind of money i would have put it in hell i was contemplating selling my house to get shib
buy when it dips and keep ada 🚀
dumped my ada as well.
i don’t know , but ada is going to be very big , very soon. i’d say since you already have a lot of shib ,not to put all your eggs in one basket . if you can maintain a healthy amount of both, why take a chance ? plus, ada is for the long haul...
shib will triple in price before ada does...
yes, not financial advice though
do what your comfortable with. 😊
no, wait for the dump, then do it. it is literally at all time high right now. dumpeth cometh.
don't invest what you're afraid to lose.
flip a coin. heads flip it tails leave it lol
do it, and let the english see you do it.
i did the same but from ada to solana’s samo r
i did this with much much less today = ouch!
go for it! i wish i’d bought 6 months ago when i first heard about it…so happy for the people that have become millionaires this month after a 5k investment. “scared ’t make $…hustle hustle hustle hard…closed mouths don’t get fed on the boulevard” i started with 750 3.5 weeks ago. i’m not day trading. just running this auto bot during run ups and buying more. today: . 4 and 7 hour pump this am 3 minutes after i consolidated and bought more still running and picking up as much as i can. edit: grammar
i would wait for the crash
all in on a meme coin. sound right.
here's some additional financial advice: 1. buy what you know. 2. buy what is in front of you 3. never fomo buy 4. never panic sell 5. buy more on the way down 6. keep buying on the way back up, but just buy less 7. don't listen to hype or get rich quick schemes. 8. buy what interests you, hold forever, and sell when you want to sell not when the markets sell 9. buy with the acceptance that you might lose every penny (accept the risk of investing) 10. always have excessive cash laying around so when the markets crash you are not over leveraged and have the ability to buy low on stocks or crypto that will bounce back.
this. someone told me not to buy shiba in here when it was only .000007 but i did anyway and now i’m up 1000% also i sold my doge and switched all the shiba
thanks for letting me know. this is the only place i come for financial advise. only place i can afford it.
and be responsible for your decisions
buy shit coin and 🌝
are you staking ada?
do 20% this way you’re not at a lost
ironically you just gave financial advice.
number 3 is key!
are you also one of the wharton grads, someone who knows how this whole thing really works ?
yea cnn gives better financial advice 🙄
shiba is not just a choice , but a lifestyle
that sub has so much cope
ada been a waste of time wish i put it all into shib but its been staked on crypto.com
i didn’t get the hype with robbinghood. they suck, and they’re thieves.
i agree they need to regain momentum doge made up 70% of their trading and we all know the doge killer is the new shiba king 👑
when is the rh listing supposed to happen?
what’s going to go on? please explain? do you have verification robinhood is picking it up…i’d like to see some confirmation…
is robinhood officially doing that? i mean i feel like it’s a matter of time
all this 600% pump this month is because of a supposed robinhood list. people sell on news, usually.
this may never happen... certainly delayed... according to robinhood earnings yesterday they aren’t listing any new cryptos because of sec crypto regulatory issues potentially deeming them securities (except for btc, eth)
there’s soemthing called buy the rumour sells e news meaning by the time it comes out on robin everyone will sell and it will dump!!!
agreed. splitting up your earnings is wise. anyone who suggests going all in is a madman. but to each their own.
true ada’s interest rate is still reasonable at 5% for 100 coins.
warren buffet said that if you have reason to believe it will go up, take the risk.
yeah into bone & leash
the question is, when do you think that would happen?
i could, but it would be pretty awful 😂
not true. i turned 15k into 50k with doge in a short period of time. i'm not wealthy but 50k in crypto. that 15 was all i had
crypto is not real money, it’s monopoly money
what would you predict that ada could get to
truth and same boat have grinded . then my wife takes it.
i came here to say this😂
yes this, very sensible advice or imho, just put half in. shib is family but ada is great too.
i did the same thing, split up 2k of ada between this and egc, both have made me very fucking happy go shiba inu!!!!!!!
“scared money don’t make money. “ but scared money don’t lose money either. 😂
dip? it's up over .00005 again
from .10c to ? 🤔
that's the problem, it keeps making new all time highs.
i am wondering the same, because if they did back when they posted... they made a lot of money.
you’re joking, right? there’s not enough money in the world for shib to get to .
safemoon seems to be tanking and everybody regrets buying it.
psh. what are taxes?
what is the %
what's 20% of ?
into another* english not my native languaje.
legendary rapper ice t buys 2 billion "shibu inu" 😂🐕🔥• shiba inu news today
then trade back a third for ada in a month or less lol and have all that free shib and all that ada
scammy mcfuckstick, go away
this needs a fuck ton more up-votes. while some of us may "know this" this is a damn good reminder and needs to be printed, laminated, and plastered all over your place where you trade.
same here to both!
:( doge is still a good boi
same, this place and my 1 friend who is constantly posting on insta about his crypto. all my advice comes from those two sources. i am doing it right... right?
man honestly with that much cash i’d put like 5k into it. when it’s a penny that’s what a 16000% increase? that’s millions
lol true as we are right now all 🙂
this is true, but tons of people still use robinhood exclusively
yea but massive exposure.
also, most people do not know about what happened with rh. a lot of users love the interface (it is super easy) and accesibility. shib getting on it will be big for it, but wallets will be bigger, and if both happen at same time...oh baby baby
i thought robinhood basicly loost all their costumers.
robinhood sucks, but is still hugely popular and should have a massive impact on price once they list this. nfa but i’m stocking up
yes they may suck... and they may be theives… but they also are citadels bitch and under the nsccs thumb whenever prices go too high
robinhood is not listing shib nor any other coin anytine soon. they said this right after the closing bell today because of “government regulation” i did not see shib anytime soon on robinhood.
really? they stole money from you?
hasn't been called doge killer in a long time lol shib is its own coin no reason to bash another this is why other crypto groups hate us
holy shit new ath $.000052!
no- read the robin hood earnings announcement yesterday- no new crypto’s due to sec
it's not, no one will be able to show you the source this claim is based off
he also said, “diversification is protection against ignorance”. you should probably invest in what you know, not just what you see is going up at the moment.
already hit past .00005 😏
did you buy? damn its gonna hit 60 any moment now
in a year or so
no, you’ll regret that man. i own ada and shiba but buy what you can afford losing trust
you could do 69 percent of it. idk why 69 just felt right
then you cannot afford to lose it
i’d hold onto the ada, it’ll have it’s day too. but for pete’s sake buy some shib too!
>honestly, i sold my matic and ada to buy 1billion shiba at .00027 . best decision i've made.
i wouldn’t. people can downvote me but i did this before and got rekt. ada will pay off. shiba may not. your choice though. i put my whole ada stack into shib days ago to hit a 3x and then went back into ada. grew my shib stack and ada stack. that is the way
buy half 25000 then when you have make 5000 profit start. to add another 5000 every 1000
real money is monopoly money, too.
i bought a car with monopoly money? i paid for sex with monopoly money? cool!
you realise you can literally spend shiba at many retailers right? try doing that with monopoly money
this bull run about ’ll hit
lol well, i'm lucky in the fact she has invested nearly as much as i have.
we might be soul mates 🤣
"searching egc"... still a noob, it is hard when you do not want to miss anything, but do not have bags of cash.
bro you make bigger gains then having your money sit in shiba then a bank account it’s damnner better than a ira tbh
yes, this thing is going up, up, up!
again, because it was the dip 😎
impatience will make people treat anything that does not magically go up %12 gazillion as a bad investment that is not moving
how could you regret to a 7-month old safemoon? compare it to the other crypto in 7 months.
these are the time i wished there was an emoji for sarcasm.
the way this is❗
i was talking to a friend today that only has robinhood. i told him open a coinbase account, and he said ehhh i'll wait for robinhood to let me buy it. i'm 100% sure he is not alone in thinking this way. we might have already shed a zero by the time robinhood comes around, then the fomo will kick in and we'll really launch.
not from me, but every gme shareholder in march.
leash is listed as doge killer……
i'm getting in on shiba but every doge has his day
it is overtaking doge for sure 🤣 it’s just simply better in the sense of case use
he says a lot of mix and match words
damnnn this gonna be like doge bruh
for real. has this guy ever taken federal reserve economics class. what does he see in the
that’s why i bought more ada in this dip then shib
twins😂 i hope you are up watching the charts as i am… we fucking hit .00005400 and im about to go run in the nude from insanity😂
crap, that was at the top of my list, i had the full name written out. i skipped it to go in big on shib.
i dunno but 90% of the posts on the sub are "we got scammed" and "get out now" and "stop trying to hype up a failed coin" so i'm going to go ahead and assume that it is in a death spiral.
is it because you do the same? or you actually have a financial advisor?
i cannot comprehend why people are so fixated on using robinhood. as someone who's new to crypto, coinbase is so easy to use. i even just switched to coinbase pro and getting the hang of that. why would ever i need to use robinhood and deal with the controversy they have had this year?
just barely convinced my homie to get coinbase and jump in before it went up today
i know how that is. i wanted xrp but it was not available in coinbase so i just said fuck it
not just gme. anyone with nok, bb, koss, amc, and many others were ripped off when the buy button was removed.
1)good thing i can’t read 2) .00005 is a good step towards .0005
ya saw the high of 5550 and now some consolidation, lol i hope we just keep on consolidating over 5000 satoshis and we golden for now, enough excitement for october
90%?? now i am talking in front of a big fat liar. sorry i have no time for this. how could a safemoon a scam when you can see it in the top 18 of certified tokens in certik.org out of 10,000 coins and tokens. you may visit it now as you can see it by yourself. scam?? 🤪
what makes my skin crawl is that that is 90% of people i see on facebook. when i am in a stock market group and someone asks “what broker do i start with” and most people say robinhood after i was margin called in january with gme and unemployment bailed me out of bankruptcy risk. i just want to smile!! 😬
i only ever used robinhood to buy doge before it was on coinbase. never touched the thing after i liquified my doge tho
they think they are not paying fees
i think it’s because they have a 401k account in rh and can sell and buy crypto without paying taxes because it’s inside a 401k. i might be completely wrong because i don’t have a rh account. maybe someone confirms if i’m right or jot
same took about a week but he went through with it today
i got xrp on coinbase at 0.3 hahaha but i cannot do anything with it ...
yeh i had my amc and gme froze and i was not even on robinhood.
you can visit the subreddit as easy as the rest of us.
you cannot sell it?
why did you delete the link? you were exposed of your lies, right. the link you gave me has 3.0k members only. i challenge you to visit the real safemoon community, the link is . 😄 it has only 282,979 safemoon members as of now. 🤪😃🤪
i think you're talking to the wrong person i have not linked or deleted anything
you see that spike at .000005 back to .000006. people are buying every dip of shib all based on a few guys that made a million dollars. let it go down a zero and then buy it. there are two zeros it can eat for a realistic eoy forecast give me 3 zeros and i can make a huge profit. don’t be scared of dips
just picked up another 50m. 100m and holding.
with shib man dont get why you would do anything but hold
i just checked the wallets of the top 20 bitcoin. almost none of them (ignoring wallets belonging to binance, crypto.com etc) have dumped their coins. the big whales are not stupid. with the huge fund they have, they can hire the best financial advisors in the world. they must have a reason holding. i strongly believe the current dip is just another harvest action on small holders who are fud. [ [ [
am holding till whatever but i want to see 0.01😁
buying during this dip is my fav hobby.
i'm down 'm holding in solidarity for you younger shiblings
poor man here. still buying while lowering my average costs.
buying on red...hodling...buying on green...hodling...buying...hodling... :)
lol i don’t even thought about selling, i will keep shiba for my grandchildren in 100 years
i'm still holding brotha 🖖
i bought 41.3 today, i feel gutted but it still is a good price imo. still holding my shib tho, our value is kinda more stable than the other coins.
if i had the money i'd buy another 500m at this price
we hold till we get gold
hodl hell this is buying time friends the is where we become prosperous .
been holding since may double checking rocket thrusters don’t worry still going to moon 🌝
just bought another 400m. holding half a bil now see you in 2030
considering all that’s happening in crypto world right now, shib is faring relatively well.
i would be dumb to sell now edit: just bought a few more
im hodling 100m coins im still up like 180 dollars despite the down of it drops to what i paid for or below i’ll buy another 100m coins
🙋‍♀️ and crying in my cornflakes every morning!!! 😩
who the fuck would sell lol
still hodling. will hodl for at least one year. money made or vaporized in 2022, at this point idgaf. muahaha!
is this even a real question. i doubled up!
shit, i've been bleeding for a month on crypto but if it sinks im going down with the ship like the titanic.💎🤲🏻 forever.
200,000,000 till i can cash out a million $
300 million waiting on shiba swap. i want my bone!
i hodl 165.6 milly
"fuck it dude, lets go bowling"
catch me in paraguay buying land with shib
i just close my eyes for 10 years and hope for the best
diamond hands dude 💯 &
or maybe stop buying the dips until the big crash on both markets. then start buying it up again.🤷‍♂️ or keep losing to their pump and dumps is cool i guess
we will come back for you! hodl! 🤲🏻💎✨🐕
hodl up those emotions
still buying... fuck selling!
i'm considering doubling down to 100m. idk yet.
i’m hodling on strongggggg
i did not sell when they hit 60 cents why in the hell would i sell now!!
holding like a boss
i bought another 100 million this morning
i'm still locked out of my voyager account and cannot even do anything
its only money, who cares? buy the dip!😁💎🙌
i bought the dip... , i'm up 10 dollars now.
even an arrow needs a pull back to plunge forward! diamond hands are forever!!
hodling? ive been buying the dip!!!
i'm also down 80%. it will take time to grow big so you just have to wait. crypto is sucking right now but shiba is hanging on, just be patient!
i only lost 20 good lol
all i want is my tesla model s long range
back down to where i started, holding
all i've done was buy more. i mean, it is on sale right now.
it's only down if i sell 💎👊
i bought 2m yesterday so thats fun.
fuck no we wont sell fuck no we wont sell say it with me guys...
i only invested ’m not going anywhere. either we moon or i lose every penny. hodling all the way.
invested what i can afford to lose. not changing coarse! n-e-v-e-r!
from 105€ to 52€ 😄👍 little bit fail when bought for 0.000034€ and 0.000016€
diamonds hands here 🥂
e z 🖐 🤚
best time to buy even more
hopefully amc pops so i can put more into shiba
just over 20 million and holding. 8 million is staked.
i'm holding and buying to average down. 👍
heck ya bought the dippy do
who is selling would be more interesting... are they losing or making money...
my woman gave me the green light to buy the dip. im going in balls deep
i bought another 70 mil today
i'm just hodling...but i'm really really really really hoping this does not turn into another verge coin situation...i lost $...still ihodl... this is the way.
im hodling hard as a stone 💎🚀
doubled down last week!! holding!!!
cant wait to go to the moon!
you’ve only seen 114 of those? you must have only joined yesterday...
hodling here. the goal is to get rich. and you cannot do that if you do not hold.
hodling and buying more dips to average my buy price :d
this meme hit me hard
price action is weak across the board shiba including, we buy to feed whales shorting we have no idea where the bottom is but it is much lower imho.
one simply must hodl shib it is the only way my brudda
let's go shiba!!!! 🙌💎💎💎🙌
raise hand! hallo xxxchrispy!
the real question is who is buying these motha effin dips?!
who is the management team for shiba? if this info is not provided, then highly likely a scam. just saying. this is not the early days of bitcoin! to many scams out there. i own this coin, but will not buy anymore until information is provided, or at lease a reason why this information is not public. peace be with you all!
what the hell tho...lmfao...this shit is crazy train🤣🤣🤣🤣🤣
you would have to be just silly to sell now. buy low, sell high. the non-retard way.
anyone planning on burning some to help it rise?
tired of seeing this. every time you confirm your cryptocurrency, you confirm that you are a target. forget that cryptocurrency is supposed to be private currency anyway.
dont think 0.0006 will happen by years end. especially based on whats happening in the market now. china will keep fucking things up. im surr its being done intentionally by the pricks.
so who knows why they are here? and why you are holding? is it that people told you that you would be rich tomorrow if you buy? what is shiba to you? because if you are here just to get rich tomorrow it is not going happen. shiba is more than getting rich. it's a coin that is created to build a community. and in that you will grow as together. it's a people's coin for the people it's controlled by the people and owned by the people. it's governed by me and you we are the coin. so for all that do not do the research, what is bone and why is bone so important to shiba and leash? so most will say it is a token to come but it is not it is a marker. this will set the governance of shiba it will give us the people the power to vote on the direction of the community as we the people see fit. shiba can be the true coin of the people as it was created. and that is why i am here as shiba has the power to be the next true currency if the world. that is controlled by the people. 500k holders thats nothing when we the people controll all the money and not the banks that is the true goal. wise man told me the man who watches his pennies do not worry about his dollar's.
you guys seen anything about this new dig catcher token? looks legit they just locked liquidity for like 100 years🤷🏻‍♂️
i’m not selling even a single penny! holding as it is the key to success. you sell your token or coins, someone else will buy is, so why the fu*k are you selling?
go fuck yourself, who gives a fuck who’s holding. keep holding ,stop spamming with this shit.
the way has been shown
you fools keep telling yourself whatever you have to . clearly you don’t know much about how this works . or you’re incredibly delusional.
120,500 million here, we will be fellow millionaires when the polar ice caps melt. hahaha i'm still buying more. i want to get to 1 billion this year. my goal.
the dip is because bitcoin is also down. if you want to trade crypto you should learn how alts interact with bitcoin.
want a good overview of how its all going in the market, take bitcoin chart and overlay shiba chart on it pretty much identical movement.
meanwhile those coins are seeing 10x the daily price swings. shib is down because eth is down and the market is down. it, however, is still outperforming the top coins on the main lists (uniswap, cmc). if you overlaid eth, btc, shib and doge (for fun) you’d easily see there is no reason to worry. i wish more people would realize this.
.001 seems like unobtainium
i wanna see .10-.25 i'll hold as long as it takes.
i second this notion
it would be mine too, but i already yolo'd on a fake dip and i cannot afford to buy more while still living for the next week
sheesh. just to see 100k in my lifetime would be phenomenal.
legend keep holding we love you
i have a little over 100k ... maybe someday that will bring me great wealth like you good sir
how much money did you invest?
yep lowering my average
together we strong 🤞🔥
shib looked so strong today compared to others 🤞🤞
why etc? i thought it was insecure, slow, and the only reason for the spike previously was people mistaking it for eth.
it’s 10 times more stable. that’s what people need to see. it’s actually not swinging just like bitcoin. we just now are feeling some pains of the dips since we’re all still accumulating… history has already shown us to hodl and good things will happen.
me too... my friend... me too 😿
we shall look back to this date and despair, if we miss out on this sale.
i want to be at a billion in safemoon
haha... 😂 but not exactly
added another 100 million up to 200 million. goal is 1 billion
but that’s exactly the point. you are the management team here. go back to square one - the experiment is to see if the community could build value and an ecosystem. you bought and are holding. that’s the value. more people are taking it and it’s being traded among the top 20 crypto coins in the planet… things couldn’t be better.
have you looked at the telegram chat? they have the devs but it is just user names.
bro if you cannot be bothered to do the dd and figure it out then sell and gtfo we do not need anymore fucking fud ass whining children in the army we already have enough.
i think it is possible it was intended to be that. but i think it is turned into something else.
this is free-fall, does not look like a dip anymore.
sounds like you have personal issues.
so why are you here? except for the obvious, your life is boring and meaningless without spewing your vile nonsense, i'm actually hoping you have a legitimate reason for being in a group that it sounds like you have no desire to be in.
the way, this is.
dude it’s all about % not being cool
i guess you have not read my name, i know nothing! i eat crayons, preferably, the green and red ones dipped in elmer's glue you dan.
facts. crypto currency is a hustle: come in, pump a little, dump, leave with a bag. especially with these tokens. when it comes to money, there’s no friends, or “community”.
no, hold no matter what. one day we will be using shiba to buy houses 🏘️
that only happened once though... and i missed it dammit. so now i hold.
bitcoin sneezes, the rest catch a cold. good news is that it cannot really go that much lower at this point.
doge was made in 2012 something shib was made in 2020 give it time
i'll see you at .
did you sell already
it is quite slow in the dips, it goes up real hard, and stays up there after it goes up.(no other reason other than this) just seeing the current and the previous dips at -ish of etc, it went up to .(this allowed me to sell it and invest in the slower to come back up coins) i just like to have a "go to" coin incase of market dips. edit: see the current pump too went to almost 43, held the 41, while the others went back to the ground. :d
not i just added a billion to the sack.
this is dah wae
one quadrillion shiba coins for one house 😂
market: *hold my beer.*
that has nothing to do with it. cap, circulating supply and a few other factors so. all of which are way too high to reach a penny ever. for it to do that it need to be worth more than the global economy, which is absolutely impossible
no because you do not understand math. to reach a penny with the circulation it has it has to have liquidity worth more than the entire global economy. which to say bluntly is entirely impossible
it's a long shot imo but so was doge a few years ago. i'll go buy more shib now.
i understand this group is all about shiba but bro if you branched out and had a billion on each popular crypto, there would be more of a chance to hit over a million in something am i right?
if people jumped in on its way to the ath, they got pnd. however, as this and other coins, such as safemoon, gain traction, they become legal ponzi schemes. *what has it turned into? why do you think the price will break out of this massive tumble from the ath? a lot of people are essentially transferring their wealth to the owners of this coin* this comment literally describes btc, so...
dah wae is wahfare wif da wah wepen.
longterm. i'm looking 40 to 60 years down the line.
yeah, that was not smart. that's the guy in horror movies who says "what could go wrong?" and bitcoin is standing behind me with a knife.
supply is intentionally high, overtime coin will be burned and removed from the eco system
i don’t just hold shib…
yea... sure... that's totally worked out well for other shitcoins while real coins leave them in the dust on gains, profit if you're smart and sell. i'd keep my hopes low with 0 expectations like usual on this. there's a ton of red flags but shit, i bought into this one
blessings to you mate.
because people said what you just said about bitcoin and doge years ago too
there's more to gain than to lose if you play your cards right
i'll hop on any train from shiba to the malbone street train if it is a fun ride. i do not know, if shiba swap actually gets released it has much more use than a regular memecoin. i used to say doge was going to fail and it was useless. not that i was wrong but i am also not rich.
definitely, the 100. but i got no expectation on it going anywhere. especially now that it is like 60$
doge has no advantage over any of those either, people don’t always follow logic... as we saw earlier this year sometimes hype just happens.
hype, when dogecoin came out on that nascar everyone went nuts for it. the owner of voyager crypto trading is going to pay to sponsor a shiba inu covered car for a race. google it, just wants people to get online and register with the voyager trading app.
it's rising slowly but i understand where you're coming from
i have more money in all three of those than shiba but shiba by far has the best community 🙌
you’re one of those “i want my money now” kinda people huh? this shit takes years lol... good luck bro
this word(shib) has a few different meanings. you can see all of them by clicking the link below. more details here: < *this comment was left automatically (by a bot). if something's wrong, please, report it in [my subreddit]( *really hope this was useful and relevant :d* *if i do not get this right, do not get mad at me, i'm still learning!*
you sound knowledgable then, how much have you made off of investments if you don’t mind me asking?
hell yeah!! bought 10 million more today
i doubled my bag. nearly 0.5b now. hoping to reach 1b by end of the month!! 🚀🚀
hell yeah, and added 10,000,000 more!
when did hold become hodl or more like when did holding become hodling? is this a meme?
also we only have until decemeber to get shiba pumping...so pick your favourite twitter influencer (obviously the one one with the most followers!not the one you fancy!, copy and paste a really good tweet about shiba inu, and paste it in the comments section everyday when he posts people will see it. or post shib army reddit link! your crypto needs you!!! we are the people!
hell yeah i am!
i bought the shit out of the dip! over 250 million coins now. i saw someone with a billion and was so envious. best wishes to all! love all crypto
holding 1.5 bil through the dip, didn’t even blink
selling is not even an option wtf, hold this shit for years
holding as well on my meager purse but i'll give ya a hell yeah just for austin 3:16...cause a can of whoop ass sounds good about now!
hell yea 🤙🏻 just crossed 10m myself this morning. continuing the climb
i'm gonna buy +2mil today, so i'll end up with 3mil. now i'm happy!
got 32m in the bank that bad boy will be staying there until it reaches £1 if i lose i lose but if i win
let's get it to a penny by july repeat after me **penny by july**
hodling 13 million at the moment. hoping to over 20 by the end of the month. i started a little late, but buying the dips has been wonderful. doing a little at a time because the wifey gettin mad lol 😂
hell yeah! been holding since january! didn't sell anything... even converted all my dogecoin into shib
hell yeah!!! not selling till .5. all or nothing that is my way.
bought 111 million yesterday 🤞holding 200,200,000,000
i used my gas money for next week. hope i'll make it till friday pay day
we do not have a choice, we need to hold in order to get rich :)
hell yeah 101mil 💪
hell yeah! still buying
heeel yea bought another 40m dip looking forward to get more!
hell yeah 🙌 💎
12000 shares yes! doin it!
oops stupid auto correct hellllll yeahhhhhh 🚀🚀🚀🚀🚀🚀🔪🔪
i bought more hell yeah
haven't been holding but just went in for my first 6mil. glad to finally be apart of the shiba army
i wish i held more, but hell yea, got my 2m sealed
hell to the yeah!!!!!🚀🚀🚀🚀🚀
hell yeah, shibazo wo sasacrypto
hell yeah!! bought 14 more mil lastnight
ohhhh yeaaaaaaa ... wait wrong reply 😳
hell yeah bought another 20 mil
just joined the 9 figure shiba club! can't wait to stake some of these once shibswap rolls out. i need some bone!
i have a feeling things are gonna go to the moon soon. prepare for liftoff 🚀🚀🚀
i bought another mill i’m currently at 74,500,000
hodl?? i bought 10 million more. fools lose when they sell low.
got another 10 mil. up to 30 mil now let’s go to the moon! 🚀🚀🚀
adding and holding!!! 133 million now
20 million strong 💪
up to over 0.25 billion. super stoked!
oh hell yeah. i even bought more in the dip.
holding to the mother effing moon! baaabyyyyyyyyyyyyyyy!!!!!!!!!!!!
hell yeah hodl to mar’s skip the moon 🚀🛰🛸
hell ya !!! hey i had a deep thought when you buy the dips you’re going back in time . hay marty
just bought another 5mill, hodl tight boys
i banked all mine on crypto.com and it’s earning interest. i have 27m at the moment.
holding until it hit 1$
i bought paper hands loss was my gain
i hold my 8.5million atm and maybe buy some more soon. too the moon!!!!
14 million coins wish i could buy more!
hell yea!!! 55mill here
hell ya! bought another 50mil
hell yeah? i need another job so i can buy more lol
24millon will never sell...10 years hold...
bought 7mill yestarday during the big dip.
went from 7 mil to 33 mil
stonk hodl steve austin
hodler gang strong 🚀💎🙌🏼 buy more! its crypto christmas right now
bought another 2mil on the dip last night, up to 6mil. can i get a hell yeah brother
hell yea 100 mill strong
holding and buying that dip boiiiii
hell to the yes
when was the dip i bought my first 2,5 mil, not much but this was all i had left so i am really looking forward for it ❤️
can i get a ohhhh yeaaahhhh
at 28m so far, buying more and hodling!
100000000. plus and holding strong 💪
holding 6 billion boi 💥💥
hell yeah 🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿👏🏿 keep hodl soldiers
hell yeah! buy and hodl! 🚀🚀🚀
hell yea! i got only 77 million but holding
austin 316 says shib is goin to rich your ass
1 billion of shiba 👍
hell yeah !!! 62 million and waiting on the dip to buy more.
hell yeah bought another 5mill thiscount
just got another 20 mill
hell yeah!!! have no concerns about the latest crypto news this year, but am concerned about this so called crypto winter happening in december 🤔
hell yeah!!! bought 10 million more today
he'll yea in another 7 million.
i just bought 2 mil more hodl
shiba to the moon
please donate . the thiscount isnt over yet
70 million today and i will buy again tomorrow if the price is lower
hell yeah! went from 10m to 26m on that sweet dip last night! 💎🙌🏾🚀
hell yeah!! loaded up my shiba truck today nearly at 15 billion 🚀 diamonds hands
✅hell yeah✅ hodling or loose all your diamonds ♦️💎
still holding it like a conversation
hell yeahhh <3 5 million shib token <3
hell yeah!!!!! 32 million owner
here’s a helllll yeah! for your candy ass. 1b and holding passed .01, letsssss goooo!!
all day. errrrrr day!!!!
hell yea. i sold 30,000 doge for
hell yeah! still holding 222 m
hell yeah!!! 147millie strong!
hell yeah!! spread the words guys. that's the only way the price will move... " movement of the people"
it’s cost over . of course i’m holding 😂😂😂
i don’t know how to buy without either the fees or people selling less usdt for gbp... so i’m not buying anymore. just hodling.
does it have to be a “hell yeah” or can it be a “hyu hhaaa”
hell yeah sad sight atm but hell yeah haha
111 million and countin
hell yeah! shib coin has turned my .99 atm, in just over a week. hodl and reach the moon
for shiba yes but holding crypto is just gonna make you lose
hell yeah bro 🚀
hell yeah! hodl till we rich 🚀
why would you sell
hell yea!!!! hodl and buy more, my goal 100 millions shiba hodl.
i'm hodling, coddling and swaddling.
only because there is no point selling at a loss
hell yeahhhhhy lets goooo
hell yeah! when lambo?
i hold to the moon.🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀. will never sell before launch🚀...
hell yeah for sure
hell yeah daddyyy ugghhhh!!!!
ummm bought a total of 100m yesterday during the fire sale!
hell yeah!!! diamond hands unite! 💎🖐
holding and adding! went from 42,000,000 to 84,000,000! 🚀🚀🚀🌛
helll yeh shiba whale here holding!
new to the shib army as of today. been waiting 3 days for funds to clear and i'm in for just under 10 million.
hellz to the yeahhhh
hodl for a hell yeah life 😂
oh hell yeah i would not touch my shib for 2-3 years maybe more. i need to make millions on it or i go to 👊🏻😎👊🏻
hell yeah i must have gone mad. just bought another 23m. lets see where it ends
yes but we need more support now...
selling at a loss is just stupid. hodl or nothing!!!
bought another 22mil during the dip last night hodl 32mil 💎🐕🔐🚀
200 milhoes de shiba hold sigaa
hell yeah managed to borrow some money to buy another few million lmao
looks like it settled mine as well add another 4 mill
hell yea, bought 2mil in the dip
hell yea 50 million +🤩
hell yeah 💎 🐾
it’s going up and up and up to the moon
i tried for six hours to buy during a down market, coinbase literally was frozen re the eth transfers, they even had red letters that said, (dont worry - in safe hands), there is been a delay, at binance us, i was not even sure if i could send from there, as i've cleaned thousands out of there in the past few months, i have a lower balance and they locked my money trying to send it out before. i hilariously ended up transferring polygon matic, waiting 6 hours, but then could trade my matic into usdt, then i could trade usdt to get shiba. the forces of evil tried but they could not stop me. haha. it literally took all day, literally took 5-6 hours to finally transfer but i was finally able to buy in a down market with the resources i already had. currently, that brings me to 109 million and counting. i finally got my 50 million back that i staked that i made 0.01%, that was a joke and annoying. : )
hell yeah!! added 20million more!! in it for the long and bumpy ride and for this awesome community as well!! never felt more part of a community than i ever was right now!! hodl and profit!! edit: hell yeah!!
i can give you my link if you want to help the cause lol
if i was to sell i would lose more than the actual value i put it, considering the ether gas it cost me.
need figure out a way to buy when in ny. coinbase needs to step up.
74mil in the hodl lets go🚀🚀
helll yeah ... hellamuch ...!!! holdling ...!!!
hell to the fuck yes!
ooooh hell yeah, i just bought more than x10 my bags🔥☝🏼☝🏼☝🏼
hell yea stone cold!!!
bought 45 million more !
hell yeeeeaahh!!! to the moon boys and girls!!!
hell the fuck yeah
7 million more just now!! hell yeah!
i understand but i'm a student so i do not work. and i cannot buy ever time...
🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌘🌑🌒🌕🌑🌑🚀 🚀🌑🌒🌕🌗🌑🌓🌕🌑🌑🚀 🚀🌑🌒🌕🌗🌑🌓🌕🌘🌑🚀 🚀🌑🌒🌕🌕🌕🌕🌕🌘🌑🚀 🚀🌑🌒🌕🌖🌕🌔🌕🌘🌑🚀 🚀🌑🌒🌕🌗🌑🌓🌕🌘🌑🚀 🚀🌑🌒🌕🌘🌑🌓🌕🌘🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌑🌔🌕🌖🌑🌑🌑🚀 🚀🌑🌑🌔🌕🌕🌕🌕🌑🌑🚀 🚀🌑🌒🌕🌗🌑🌒🌕🌗🌑🚀 🚀🌑🌓🌕🌘🌑🌑🌕🌗🌑🚀 🚀🌑🌓🌕🌘🌑🌒🌕🌗🌑🚀 🚀🌑🌒🌕🌖🌑🌓🌕🌘🌑🚀 🚀🌑🌑🌓🌕🌕🌕🌖🌑🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌕🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌕🌕🌗🌑🌑🚀 🚀🌑🌑🌕🌖🌑🌓🌕🌘🌑🚀 🚀🌑🌑🌕🌖🌑🌓🌕🌘🌑🚀 🚀🌑🌑🌕🌖🌑🌓🌕🌘🌑🚀 🚀🌑🌑🌕🌗🌑🌕🌕🌑🌑🚀 🚀🌑🌑🌕🌕🌕🌕🌘🌑🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌑🌑🌑🌑🌑🚀 🚀🌑🌑🌕🌕🌕🌕🌔🌑🌑🚀 🚀🌑🌑🌕🌕🌕🌕🌔🌑🌑🚀 🚀🌑🌑🌑🌑🌑🌑🌑🌑🌑🚀 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
bought 60 million more
hell yeah ! 💎✊🏻💎
i'll see you boyz at a dollar!!!🍑😋💦🌊🏄
hell to the fucking yeah !!
hellllllz ya !! 🐶🐶💎💎🚀🚀
just added another 10,000,000
you're damn right, i am holding on like 2nuts in sank!
here's your hell yea 🖕
hell yeah! buying more on the dip. 🚀🚀
hell yeah!!! 31mil hodl!
hell yeah! almost 20 million
vamos, dale familia, hold shiba, holders to the moon (official shiba song) motivación today brods 💪🔥💯💯💯
help wall street beats, pídeles ayuda shibaarmy? to the moon , wall street beats, hobenhod, hold
hell yea fam, let’s go
hell yeah 🙌🏾🙌🏾🙌🏾 all i know is to hold!!
just scooped me another 70,000,000
hell yea brought my .00002 avg buy in to .000014 i'm thankful for the dip!
hell yeah! hodling 1.7 billion shib :)
holding since 4. 405mil another 27mil on dips
hell yeah!! more purchased today taking me up to 11 million now
bought the dip :)
still hodling sitting at 51 millie... let fucking gooo!! 🚀🌖
does ledger support shiba ?
bought 10 m , hell yeah !
hell yeah holding strong and added smaug’s gold coins to list check it out on pancakeswap sgc smaug’s gold coins 💪🏼🚀💪🏼🚀
bought 20m 5 mins ago
i done lost ,000 usd from the 9 cent dip. this doesn’t scare me or my 🙌💎
hell yeah ! let’s go shiba swap come out now!!! let’s go!!!!
hell yall holding and bought more on dip past week!!! let’s go!!! hold everyone! shiba swap will pop soon and we will be rewarded!
i added 125m yesterday. i have over 250m now!
i'm in on a 100 million.
just got in on it and bought half a billion 🙌🏾
just purchased half a billion i just may make it a billion 😅
hell yeah and buying a little bit
hell yeah. i bought 250m at 0.000032, i'm still crying to this day.
the dip just was a big help to the purchase program!
holding 7.5 mill as well as my poor man tears
topped up now 50million - rock and roll
i bought another 8m at the low =)
hell yeah hodling 2mil
yo, if i delete binance to avoid paper hands, will i lose all my balance and shib tokens ?
hell to the f ya
guy we should go and write the below on sandeep nailwal wall on twitter : why dont you sell the whole amount of shib that you are holding or may be you are waiting for the prices to go up and then sale it in profit. i think by that time there will be no need of covid relief fund !!! better burn the tokens !!! what do you all suggest ???
nah i sold lol
you guys should check out kuma inu same devs they are building a dex only a couple weeks old 👊
i bought another 4 mill
hodling 1.7 billion shib
holding with 77,000,000...bought another 7 mill today
and what you'll do if the shiba is going down, would you risk all the money?
at which hour didst hold becometh hodl 'r moo like at which hour didst holding becometh hodling? is this a meme? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
perhaps it was just a typo...lol
hodl means hold on to dear life
hodl - hold on for dear life!!!
what do you mean only have until december???
there’s always a bigger whale... i saw some with trillions 🙌🏻💎
know the feeling! wifey keeps questioning me about these internet purchases. i keep saying "it's for our futrure!!!"
you'll be fine. ride your bike til payday.
you do know shib is not going to make you rich right
it’s not a feeling buddy. it’s a fact 🚀🌕
based on what reference point? i know someone, an old co-worker who i worked with for over seven years, works at a realtors office, and she said, literally, that she knew five people that bought lake homes this year, and that is just speaking to one person i know. another friend of mine plays with several hundred thousand on different exchanges, that i've literally seen with my own eyes, and he was just so modest guy with the side landscaping business, so you're just randomly saying random things based on no reference points or substance. nice try.
it will be sooner with shibaswap
4kgarktxku referral code for crypto.com
relax. stop looking at charts for a few days and grab a glass of wine. this has happened many times before and will happen again. just enjoy the ride. if it’s too fast and bumpy for you, close your eyes for awhile. but always, always hodl. never sell at a lost. and this project is going nowhere. a whole country is literally depending on it
needeth figure out a way to buyeth at which hour in ny. coinbase needeth to grise up *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
don’t worry buddy. we will hodl for you
no you would not. just delete and reinstall in 3 months to cash out and buy your lambo
i bought 120 mill! gotta take advantage of the dip...
now if we can get 1000 more people like you we can own the whole market if it. lol
i only got 400 million 😓...i should just sell and exit, i can never be as good as you guys are !!
700 million general here
i'll keep buying more if it keeps going down. simple as that.
easy. ill hodl! dont be this guy
not a loss if you do not sell
no one should be investing money they can’t afford to lose
long as you have the coins you aren’t broke
we already have our own ways if we already own some you nit
buy on gate.io - only 1 step needed. : )
acktually it is a meme based on a guy's [drunken ramblings]( on a bitcoin forum.
he means he needs his debt paid by then or they break his legs.
i mean as it stands now we only have to the 14th of september but if there is a super cycle we could have until december!! do not you know the cycles? how much skin do you have in the game???
looking at history, the bull run should be ending by october, but might stretch out till december.
if if a super cycle, if not 14th of september this ship begins to sink, and i am not the captain, i am not going down with it!
where did you view this information exactly? i would like to see this.
my wife could care less, she’s a sceptic and i’m new to this so it’s worse lol. apparently i don’t know what the hell i’m doing 😂 just gonna hodl!!
you attract what you put out into the world, id change your frequency as soon as possible. lulz
i am not holding only shib man ;)
crypto.com gave me an option to basically bank certain crypto for a certain period of time at certain percentage rates. it makes it unavailable for a certain time but it earns interest on itself. it still fluctuates with the market price of shib or whatever crypto but it earns interest on itself increasing how much you have.
i appreciate it. of course that is one of the main sites pushed with pop-up ads, as i'm on about eight or nine i think or have access to. being in the states i thought at least coin base was safe but after that, seeing perhaps a trillion dollar exchange just shut their website off like robinhood, i definitely will be keep it in eye open for patterns, pure conveniences instigated by exchanges at exact timing of markets, different websites and now there is a permanent exit plan slowly starting to be implemented. if i go there and sign up i'll use your referral.
i like the idea. will do that
oh my god!! i only got 400 million 😓...i should just sell and exit, i can never be as good as you guys are !!
what do you think the price will go to...realistically. also is elon musk behind this coin as well?
holy shit rip him
lucky guy knew about btc at
poor guy it still getting responded to years later
true, well i did not buy yet. i'm still waiting 😅
actually it is spelt that way so nobody can get in trouble for giving financial advice. facts 💯
yes, that is the origin story!
i always thought it was a meme of hodor
>debt paid by then or they break kekw
no i do not... i know how this whole thing work, highs, lows, start and finish! you obviously do not
no i do not what are they? where can i find out
i don’t get that, are people just basing this off trends? if that is the case isn’t it just a self-fulfilling prophecy at that point on happening because we make it happen by following the trends that we set?
the bull run ended yesterday. we just did not notice!
finally, a real stand up human that has done his own research... keep up the good work sir,,,, your knowledge will take you places...
name of the game: buy the dip and then hodl til we take a trip to the moon!🚀🚀🚀🌛
if that was the case we would all be millionaire's wouldn't we. shib was a bad investment the sooner you all realise that instead of pumping more and more money into it the better
devs are working on this project out of their own time and money because they believe in it. looking at our shib wallet holder growth, it’s only a matter of time (after the india crf has fully liquidated and swap launch) for the coin to soar again
who knows tbh but i'm thinking it realistically hit 0.001 if more people start buying in. if we have the same buying pressure as doge then i see 0.01
i've bought some and the value had dropped but remember when lots of people said bitcoin was never gonna be a thing? who know just hodl for a few years or so
you clearly dont know how jokes work
i mean they are the laws of which crypto prices follow, i do not know if there is specific writings, but i have been studying crypto and i have found them, there is main historical events that occur which invoke a reaction of supply and demand. very basic less supply the price goes up to meet the demand, and they last a specific time as they are written in a computer program so they always stay the same, these happen especially with bitcoin and this impacts every other crypto because they are all paired with btc primarily...
the question yet to be answered is how much skin do you have in the game? if it is less than 5k, i do not care, but if it is more then you need to know what i know what i know, crypto is not a gamble, and if it is then its a pretty easy gamble! almost unfair in favour of us... the hou
you sound like your education is getting in the way of understanding how computer programs work! they do not change... bitcoin will always be mined like this! you can choose not to follow the trend, lol and i will see you again in may 2024 and we can compare and contrast!
ps they are called cycles not trends, and yes that is exactly what we are basing this off, the bitcoin cycle, which we have done for the last 12 years,,,,, but hey because you do not understand it, we should change it all for you.
you do not know your arse from your elbow!
name of the game is find the right one buy the hell out of it and hodl 😉 hodl means to not sell by the way from previous questions your welcome. i’m a hodler since may 2nd
i've turned ,200, you're being an emotional, egotistical, money hungry, paper hands, instagratification hipster, and that is your punishment, as mother earth does not take kindly to b*******. now you know. lulz
most people think we went to the moon, not true at all...lol that's as ignorant is saying everyone can time the market perfectly and make the best choices all the time. that's completely made up nonsensical, convenient, you guessed it another f****** straw man argument. haha if you do not believe in the principal you cannot create the change and draw the energy towards you, it is not some 2 second choice out of a vending machine from diet coke or pepsi, it is a spiritual belief system that is deeper than your parents, religion, or any other entity known in your own lifetime. be realistic not cheap.
i do, i do , har har you sooo funni haha
this clarifies nothing lol.
write a letter to satoshi nakamoto and ask him if he can change this?? you never know your luck
i do! i wipe my elbow when i take a dump and i hit people with my arse when they get in my way. easy!
i'm a hodler since may 12... and i am not selling til at least next may!!!
what do you mean this clarifies nothing? it clearly clarifies that the next bull run will start on may 2024 so it was not your education getting in the way that i thought earlier haha and much more, but dyor,,,,, i am out!
the butthurt from you because i asked a question is astounding. someone ruined your childhood didn’t they? lol.
i know you are not implying that to me... stop spreading fud... when you do not know what is happening, you are shitting on your own investment, and if you are not invested, what are you even doing here?
sorry brother., 'this clarifies nothing!' is that how you ask questions to someone with the understanding to totally transform your life and future wealth... is that how you go about it?/ well that way is a smooth as cancer... for future reference, switch it up
i'm sorry...? what did i say? dickhead, chill out!
ok fine you do.
literally everyone is looking at you thinking, "dickhead".
leave me alone you internet troller.
sell your family and buy more shib 🚀🚀
my family doesn’t even know i hold any crypto. if they know how much i hold they would be totally different people
finance rule 101--never tell friends or family how much your finances are worth.
real gs move in silence like lasagne
why would they want you to sell? the ride is not over yet.
i'm in a tight knit group of friends, we have our phones out, showing our shit, shilling, comparing, checking gains on advice... like we are kids in the 70's with our baseball and kiss army cards out.
we are your family now
yeah that is how it goes, sadly. on the plus side, its showing you how toxic they can be with things that ***are not even theirs.*** this is why i work at a pet store with animals. animals do not care about this stuff, they just want pets and headpats.
my wife told me to yolo money intro crypto, and here we are 🤷‍♂️
my mom told me to sell 5 hours after i invested and told her im 10 euro up🤣
lol my wife hates me playing poker (with my own money). until i score a good amount of cash then that cash is suddenly hers too
it's litterly not their money. who gives a rat's ass what they have to say. shiba>family
i told my family they said sell but i really dont give a fuck what anyone had to day about my crypto stuff dont be influenced by ppl with no knowledge. or jealous ppl
tell them you lost your wallet in a boating accident.
rule of staying a millionaire is no one can know you’re a millionaire.
sounds like you need a new family
they always like to say i told you so... so say nothing, land on the lawn in helicopter instead
very much agree :)
sadly, my parents have started watching fox news. however, this means that they have also recently heard of shib. and while they know i'm into crypto, they have no idea that i've been holding shib since q1. it's gonna stay that way for a while, too...
i'm sad to hear your shib was hacked 😉 and you lost it all 😔 so sad... (transfer it all to shibaswap and tell them the sad story)
my wife is ride or die with me. we are going to 7 figure land with shib or nothing at all!!
my wife does not even know i have invested in shiba. not because i do not trust her, but i'm hoping to give her a big suprise in the future.
yeah been having same issue. they all want cash now but are not willing to hodl for it. so i sold ada ( useless crap ) and told them i sold all lol my crypto. now every time they check my screen i got an old jpg with the charts to fool them.
same situation. never tell someone about crypto. people work hard for their money. they get jealous and do not understand that you also made a risky decision to invest in something.
sounds like they lack respect for you and your vision. best keep it to yourself.
same thing with me bro. i told them f off
my wife when i showed her 600% gain the other day after buying early october... "oh wow, that is great love, what are we doing for dinner tonight" 😅. i love her... she loves food 😂
if your going to tell somebody it needs to be somebody trading crypto that understands it.
why they worried about your money
just tell them you’re continuing to diversify across your portfolio. end of story
oh well, you will show them
i told my mum and she told me not to get involved with this shit lol
i’m on that now. told a few i’d made over 20k which would solve all my debt to date but i’m not stattisifed until i. can solve debt, pay taxes and still walk away with a deposit for a house and so on.
family has zero reason to touch your money. even when you become a billionaire with lambos from shib you are not obligated to give them anything in anyway shape or form. if you earned a lot of money from shiba inu that’s your earnings not theirs that would be like asking for someone’s pay check from their job? if they want the money tell them to invest their own into shiba inu. of course family is important and if you became very wealthy it’s important to help but you are not obligated to give them straight up cash.
except for this family! i wanna hear ab your gains!!!!
my mom gave me money to buy shib (for her, i have my own pile). she’s got 3 million sitting in my account and keeps telling me she is going to be a millionaire (sarcastically). she watches binance charts all day because she is older and has nothing better to do. she is fully aware of my gains 0.0
this. please stop talking about your gains. people will get jealous and envious. i understand some of you have never seen 5, 6, or 7 figures. but please keep it to yourself. also calculate your tax’s now so you don’t f yourself over when you decide to cash out.
don’t call your mother in law a paper handed bitch over dinner,
honestly, i got into this a few weeks ago, i barely know what i’m doing but i haven’t said anything to anyone at all and i’ll probably just keep it that way. i’ve spent about ’s tripled since then so fuck it, i’m all in on this now!
the first rule of crypto: don't talk about crypto with your family. the second rule of crypto: don't talk about crypto with your family.
never tell anyone when you cash out money destroys family...you take all the risk and they want the reward. if i get lucky and hit it big they only person's i'm taking care of is my mom and mother in law.
another good tip is if you get lucky and have a huge profit, first ask everyone you know if you can borrow some money. if they say yes then you'll know who to share your gains with (if you want too)
yeah it’s not worth mentioning crypto to people you know, i tried taking my brother into signing up with coinbase to get shiba when it first popped onto it and he later told me he didn’t have money after telling him you’ll get . i get excited and want to talk about it with people so i just come to reddit now, i don’t like saying how much i have though just that i’m involved and love the community. just do you
are they really that belligerent?!
your investment plans are like battle plans, they must always be secret.
i with you dude. i sold last week because i’m trying to by my fist house, abs needed the money. no regrets really. i won 4 times the money i have outed in.
"express yourself completely. then keep quiet. be like the forces of nature; when it blows, there is only wind; when it rains, there is only rain." i only tell people about crypto one time, because most if not all simply glaze their eyes over and tune me out. the way i see it after trying so hard to help those i care about is that if they want to listen they will, if they do not care they never will, and no amount of persuasion will change that. also the strongest winds make for the deepest roots. they push you to sell because subconsciously they do not want you to pass them up. trust in "the way" and in yourself.
yeah honestly if i talk about it they all tell me i should sell as well, but they have no idea what crypto even is in general and bitcoin is just a word they heard on the news once. they also seem to be under the impression that since my gains are so significant that i must have taken out a high interest personal loan or leveraged my mortgage against buying it. when i tell them what i actually invested to get to where it is they are dumbfounded and mad i did not tell them about it to, but hey i'm not a financial advisor. just some asshole with fun money to play with.
make sure your passwords are locked down. 2fa. another password to initiate a transaction if possible. money makes family do some terrible terrible things
literally everyone tells me to sell, and then the next day i’ll be up by 1000 and they’ll tell me to sell again. rinse and repeat.
what family are we taking about here? siblings and parents or significant other. ? if it’s your partner and you are currently in financial hardship you have to understand their point of view. they see money that can help your current situation and possibly relieve some stress.
learned the hard way 🤣 they just tell me i got money i'm like what money i got investment notoney to spend 🐕🪖💎 i love acting broke
i do not talk to family
you can tell here if you need to talk about, because here you on the same boat with others. but if you do not want talk here, buy shiba puppy and tell him about your profit.
what i did was for their birthday i said this year i am buying everyone 2-5 mill shib. adults get more...anyway that they can not cash out until next oct. 1 full year from when i bought it. ifbthey want to cash out then i will cash it out for them. maybe suggest that option.
my family knows and they dropped 10k each. my mum and dad are diamond hands af butmy brother is a paper hand lil bitch.
this is a reason you never fully explain your finances to people. unfortunately people start doing their own math about your money and it never works out good for you
facts. don’t listen to no one but yourself. we going to the moon. this aint about money. if you are only in it for money jump off the boat cause we gonna have all you norms and paperhands on a rollercoaster on this crypto ride.
nah. i tell everyone.
fuck that just cause you posted this i’m gonna go tell allllllllll my fam the .38 i e gained and if they wanna go there lets go putos im down.
i 100% agree, let the light shine and once family, friends, neighbors, strangers start to see your success and start asking questions show them the way without ever showing your hand. i have hefty bags in shib, saitama, mononoke, dobe sooner or later it will be where i never have to work, but i wont even tell my kids i made it, instead i will give them the knowledge ive learned from the shib army along with some investing programs (school) so they to can make there way in life. when i die everything will be in a trust and certain things will come to huge shocks to my family but nothing will be released until certain things are done on their part to show it wont be pissed away. i worked hard my whole life in chemical plant.
it makes no sense to listen to family. it's like having hard earned money in your bank account and having your siblings dictate how you should spend it. your money is rightfully yours and you call the shots.
people say dont be greedy but if you trust in something and have a reason to hold even with big gains, its not greedy it is just being confident. doesnt hurt to cover your initial investment if possible and play with house money or set a pretty low stop loss at your tolerance level if needed. gotta have a plan. not investment advice, dyor.
remember the ney-sayers when things pop off
and there was my mom who wake up me at 8oc to say hey have you see shib gains some shit go check out hahah
my parents are exact opposite. they regret not investing in the market. they tell me if i have anything invested, hold for long term and retirement.
my family is the opposite, they keep telling me to buy more
i agree, i try to keep my money stuff to myself.
yeah, my family does not even know i've bought any shib, and i do not plan on telling them. i'll just surprise them eventually with something nice. until then, it is nothing more than a savings account with a one-way valve.
that’s what my tax adviser said in may, i smiled and kept on hodling 😬 my gf was just a bit worried after may if it will ever get up to these prices again, now she‘s all hodling at least till it‘s tax free, but she trusts in what i do and never tried to push me to do anything.
better yet do not tell people you got money!
im so ruthless that no one who knows me would ever think they could tell me what to do with my money, they tried with the vaccine and they saw how that went!
tldr; i ignored some terrible advice from someone who does not have crypto and it took a lot of restraint to keep from saying "have fun staying poor" ' i told a friend a few years ago that my very small initial crypto investment was up by 8k and he told me that i was a fool if i did not sell. sure enough, a couple of months later there was a dip and my crypto was down. all of the gains that i had thisappeared and my initial investment had dropped as well. he still laughs at me thinking that i had sold at the dip. i continued to hodl and my gains have quadrupled. it is unbelievable to me that people who do not have any skin in the game feel obligated to give out financial advice regarding assets they do not have.
go for broke… which i am. all hail the
wow you mean they do not act like your crazy as hell because you believe in something that has no real value? yea i'm done talking to family bout it.
i lost a brother over this fight except it was during the gme saga. we don’t speak to each other anymore.
ha! i have not told my wife either. she will flip knowing my gains forcing me to sell on the spot. not telling my wife.
when i get excited when it gains a lot...they are all like meh... so when it really gains and i can just glide and they want something, i will be like meh...
holding 60 mil shib, bought it for the kicks a couple of months ago, let us see where it is in a year. i'll go through life not telling a soul. i'm a hermit that way.
kindly tell them to fuck right off.
hahah yea it’s your money bruv. don’t let other people make those choices for you, win or lose that’s how you learn.
your family is trying centralize your currency. family politics and government. lol. relax. their just family. you already said you weren’t selling. you can have peace with that.
i learned a long time ago to be real careful who you share anything with. many years ago i told a bunch of family members how i'd bought a huge chunk of delta airlines stock when they filed for bankruptcy. i told them how many shares i bought. as the company rebounded and emerged from the bankruptcy... i had two different people run the math back at me.
i mean its your money. wife wants me to sell too, but told her ill be holding on till the price is right.
my mom used to tell me all the time to, “never let your right hand know what your left hand is doing!”
i do not mention family in front of my crypto. we just lay and cuddle all day. it's just us against the world
or just tell them and don’t give a fuck what they tell you. 🤷‍♂️did they serve their country, fight in iraq, become a ccrn, get me accepted to medical school? no? then fuck em lol
now you can laugh at them when we drop another zero. or lie and say you sold so they can get off your back
i have a buddy that sold and we have ended our friendship at this point because he told me i was an idiot for not selling. i will hodl and then send him a sympathy card in the mail when i am able to retire from my gains.
definitely don’t tell your wife. she doesn’t understand crypto and where it’s going. she just wants you to pay off her credit card. that would be a no! buy. hold. 🚀🚀🚀🚀🚀🚀
how many coins you have?
lol now i wanna know how much you hold dammit
my fam wouldn't have a damn clue what i'm talking about 😂 they would say oh yeah 🥱🤣🤣
i mean the intentions are good, they are probably worried you are gonna regret not selling later, especially if its a life changing amount. goodluck though soldier, santa is giving out lambos this christmas 🚀🙌💎
yep...i've learned to only say something when i actually sell and take profits.
what, i'm assuming you are an adult, so who gives a rats ass what they tell you to do. make your own decisions.
oh they are asking me everytime... but i made clear if this thing goes down faster than a fat child on a seesaw i am willing to take this risk and they should not care about my type of invest. they know that they simply do not have any right to talk me into anything so we are pretty easy about this topic.
do they want you to give them a cut?
exactly!!! keep your biz to yourself 💙💙💙💪💪💪
yep, i never do! only drama as you experienced.
the only ones i told where my parents, who promptly joined me in hodling✌️
this happened to me as well … so i bought more shib - 😈🔥🚀
that happens to me all the time. it’s not their fault…they don’t understand the strength of the shiba army. sometimes you just have to ignore people. if you want to be average...follow their advice.
my family tells me to buy more
i told mine about it … and now we hodl together 😃
how big is you position
my family knows crypto is a hobby of mine. they think it’s silly. one day when i cash out and pay the mortgage i’ll be the one laughing.
when it pops off they’ll be asking you for $$$. be a low key baller
my family never asks. i try to convince them to get it but they don’t get it. i want to buy them their dream home one day with crypto
hmmmmm …... seems like they didn’t believe or support you til the gains came in. typical. this is one of the burdens of crypto folks. damn shame too.
your money, your choice.
will be very hard, but funny ...
fuck them don’t they know if you cash out you’ll have to pay taxes on that hoe
but why you telling us
if you tell ppl how much money you have...they will start spending it for you!
just don't sell so we could prove them wrong!
how much do you have that they so desperately want a cut from you?
who cares about family
yeah maybe for you. i share with my family and friends who support me and it’s all good. maybe you need better friends.
my wife is the only one who gets mad when i sell anything. god love her. i think she would make a great hodler and make me a rich old man!
my best friend and i said this since we’re both in shib and both said we weren’t gonna tell our families if we hit life changing money.
wow. i'm curious: pressuring you to sell to get the money, or because they are bearish on the token?
i have been there, ended up selling a few. but i do not regret it as i got back what i out into crypto and a little profit.
whats crypto, precious? whats cryoto?
the missus knows my crypto gains and tells me to hodl. and also, she tells me to stop being autistic about it and not look every hour. xd kind of obsessed about it to be fair.
why are they wanting you to sell your money? tell them to sell theirs then crack a joke on how they don’t have any
you can tell people who are richer than you and they’ll just laugh
this isn’t even a circle jerk anymore… you’re just creating your own circle.
tell them you lost it all
wow do we have the same family? lol… happened to me as well, yeah fk that. hodling
agreed only person that knows whats up is the wifey and she lets me do my thing
' crypto multi millioanire here. many people asked me to sell, especially women. just say noooo
tell them you xfer to doge at 31c and now you’re at a loss. 😂
why the hell does your family even care. thats messed up. id tell them to mind there own fuckin business.
damn there is been a lot of posts with people on here who are fighting or not getting along with their families lmao shiba out here ruining lives
can’t win man. if it goes up later, it’ll be: “if you had held you would of had x”. if it’s down: “good thing we told you to sell”
i do not tell anyone because i'm afraid that i'll jinx it tbh.
yes i feel the same mate never tell your gains to anyone
i completely understand if i had told my fiances family about our gains at the beginning of the year they would have fluted there lid and tried to make us sell they know now but that is after i got them to buy in so they think they got in earlier than me 😜😜😜
move out. they will bankrupt you.
i told my mom i'm up like a thousand or two 😭🤣 she would try to find a way to sell my shit if she really knew what i'm sitting on (not just my own balls)
never tell family about your financial gains, silently do your thing.
if they care so much about your gains, they should have bought shib and had their gains to worry about.
i sell at peaks so i can buy the dips
good advice. a non shib (or any crypto) investor will not understand the potential for growth. why sell now when the future will pay giant gains?!
why not just hold with a stop limit order in place? best of both worlds to be honest.
if people find out about your gains, they will want a piece of your gains, even though they have no involvements with your investments.
you are my man.
ten crack commandments - rule number uno, never let no one know how much dough you hold cause you know the cheddar breed jealousy 'specially if that man fucked up, get yo' ass stuck up number 3, never trust no-bo-dy your moms'll set that ass up, properly gassed up hoodied and masked up, shit, for that fast buck she be laying in the bushes to light that ass up careful out here. it's gritty
same goes for any of your finances - its nobodys business but your own
im jealous your family cares hahaha
life lesson is keep your business to yourself especially when money is involved. only my wife knows about our shiba and she doesn’t really understand and isn’t materialistic so we good.
i’d only tell my family about my crypto if i made big money. and even then i’d be very close family
i do not thiscuss the amount. including family
lucky for me, my mom and i are ballz deep in shib.
i have learned that too
i kept my doge gains well hidden until one day my family asked me, “where’d you get dat lambo?”
they might be concerned about huge drawdowns and never recovering, as we have experienced with other projects. tell them you have a good strategy or exit point; otherwise they will think it’s just a random investment.
hodling 💎🤲🚀🌝🦍 tell them you’re just a dumb ape like the rest of us hodling
are they like retarded or something i put my family into stocks and told them it would be stupid to sell with the gains we have and they understood because the value of money because we’ve been broke our whole lives.
my mom bought shiba. 👍🙌💎
i agree one hundred percent man. i’ve told my family i’ve profited a few hundred dollars and they’re already telling me things they want when i hit the millions. i love my family to death and would do anything for them but your not entitled to my money because i made a financial move to get to where i would be then.
they need to understand it is your trades not theirs simple as.
and please don’t use it to impress women. it’s not working.
tell them you sold and then see what they said more then likely they need some cash from you lol
i’ll buy your wife
you could do everyone a favour and stop talking about your fantasy money in general.
everyone wants a quick buck those who are patient will meet success! hodl
i do not understand people who do, i got a friend into crypto and he started asking about the size of my bags, so i asked him how his bank account is looking atm, how about his savings has he got much in there? he got the point.
just tell them you sold some to get them off your back.
oh yes totally. also it can make others envious and can wreck relationships. i have experienced it myself. always had a friend that was jealous and comparing with me and it was a toxic relationship. i refrain to tell him anything if it may create some friction. but again, we are drifting apart. don’t miss the drama and tensions.😆
i mean... maybe do not keep your investment portfolio a secret from your spouse. but yeah. family
i made this mistake today and got told i don’t know anything about business lol
you'd actually have to own crypto to have crypto gains. if you do not own btc you dont own crypto.
hold shib and buy a new family…!! 💪💪🙈🙈 this the way...!! 🤯🤯🎉🎉😂😂
sell shiba??? lol that’s funny. the potential of shiba going up again and soon should make anyone wanna buy more right now.
you just exposed that your family has paper hands.
my family does not even understand crypto currency they think it is like play money. i'm okay with them thinking that. this play money is going to buy me a lamborghini one day
i mean i think this really depends on your family. my family we tend to talk about these kind of things and trade little secrets and whatnot that we find throughout the day like my aunt took me off to tesla in 2012. i'll never forget that phone call i bought tesla and on days like today when it is ripping and my buying price is below
never tell anyone about your financial gains or losses. that definitely in the top 5 rules of making money.
i am happy my wife and i are on the same page.
i agree 1000000000000% it happened to me and gme i made a massive amount off it. and they pressured me to sell and get a house with it. could've made almost double what i sold it for if it held my shiba gains i'm keeping to myself. get my own place
first rule of crypto gains is - you never talk about crypto gains.
i just told my girlfriend's boyfriend he is an idiot, he punched me and i bought more shib.
tell them to get fucked sell their own shiba
i keep my wife informed, but that is it - it does not leave the bedroom. kids do not know, friends do not know, our parents do not know. they do not need to know. it does not matter if i've made ,000 or ,000,000,000, this does not affect anyone else except for myself and my wife.
is epstein's island for sale?
homies got a fat baggg!
yeah i have friend that doesn’t trade and always tries to tell me how to play the market as well even though he has done one trade in his life and quit cause he road his investment to 0 😂
i just don’t tell the mrs that i invested in crypto 🤣
what are these "gains" you speak of?
wow, makes me really appreciate my family aspect. screencap gains, positions, we’re all very open. i do the same with friends on certain plays if there’s money to be made. very similar to thiscussing pay within the industry i currently work in (not directly with coworkers or people with the company). the boomer logic of holding back pay and secrets is a thing of the past, sharing is caring
i told some coworkers and they say is a goverment scam to get my money and they will suck it dry until it gets to zero. little do they know im up 27k from from
i tell all of you guys tho
i don’t tell my fam about my shiba amount . i just tell them to invest the rest is up to them
man, i already sold it because i needed some cash...sad
learned this long ago. wife asks how are we doing on crypto and after first fight where i was strongly encouraged to take profits, i now say we are down or we’re almost breaking even. i add a positive spin by saying this is going to moon 🚀🚀🚀 any day. she stopped asking 🤣🤣
you guys need to associate with better people
exactly become a millionaire as a surprise
i told my dad about my shib positions and he said ‘that sounds fun’ and threw in ,000 for the memes. he spent double than i did on shib and holds half the coin i do lol
did the same to me,sold my shiba and it went through the roof as i listen to to many ppl but no i’ll do my own thing,made a lot of money but could of made a lot more so i have to be thankful to you shiba army
good dammit. tell them you lost them
i keep it away from my family, had no interest in it when i spoke about it 3 years ago and told me how stupid i am to get involved in ponzi schemes. 😂😂😂 so happy they do not know how much now holding.
sometimes you have to wonder why they want you to sell. is it because you’re making money and they’re not or they want a piece of the pie? something to think about.
you deside what you want! not someone else. it is your money. don´t forget that. ever.
i feel you hear. i’m only up 10 grand and my family keeps trying to tell me to pull. not gonna happen. never should have shared how much i’m up.
why would your family tell you (or think they had any influence) to sell? i mean if its life changing money you have i would likely take it out. if it is a few hundred dollars then why bother
tell them there paper handed pussys!! 💎👏🏻
true ass word right here. tell your shiba friends only, anyone else just tells you to sell.
got my girlfriend setup with a crypto account of her own for this reason. gives her a chance to play around with it and if she sees a price jump and wants to sell she can do that with her own investments 😄
!remindme 6 months rip bro i hope you sold
i told my stepfather, but he’s also my accountant so it’s better for me to give him a heads up. unless you’re in my situation,follow his advice.
oh my god, i told my family that doge was at 3 cents, and all of them pressured me to sell. i remember, do not tell anyone about you gains.
of course everyone will have their own opinions. what matters is your due diligence and luck. for me, i'm glued to my exchange and reddit to make sure i do not miss a crash. other than that, let it ride.
guys i have some muscle gains. not a lot but enough to look decent.
never tell anyone how much your holding. family or what you think is a throwaway comment on the internet. family panic and get nervous. if it goes down you'll get a told you so and if it went beyond the known universe then they would say... oh you should of held on to that. that's families though. haha also scammers on the internet never say how much you hold. if your unlucky enough you can include family in this too... i hope not tho.
great advice , just tell them about shib never show the gains!
go big or go home.
i’m going through this.
my family doesn’t like the stock market (even though they are in multiple funds) and they always act like i’m insane and going to lose everything even if i’m invested in the same things they are. i tell them just to rub in their faces that i actually know what i’m doing (for the most part) while they haven’t a clue of how anything works.
for me its been a fun lil workplace thing that we all see who has the most and its kinda fun but yes still holding!!!
to be fair, not everyone is like your family. my family doesn’t pressure me to sell because they know to stay in their lane.
pressure creates diamond hands! hodl!
i’m lucky my brother invests in crypto also and we can speak freely about it.
it all depends on how much you are holding ... if you only have like 1 million, probably it is not worth it to lose your family over that :d if it is like 100 billion or something ... i can totally be your new family :d
sometimes family can be your own worst enemy
honestly never ever broadcast your financial gains. people you love and respect can become bitter an resentful. many lottery winners have had terrible experiences with family, friends and even complete strangers asking for money. the people who pose with a big check on the news who aren’t required to in order to receive the money are crazy or ignorant.
take your principal out and let the rest ride. there, your argument is settled.
same exact thing happened to me with amc in early june. had heated thiscussions the whole month and full on argument at 4th july party.
this goes for everything. houses, cars, etc.
i only share with people who speaks my language “crypto” other than that they don’t know squat only knows $$’s quite frustrating to talk about your enthusiasm with someone who doesn’t have the same passion as you do
yeh it’s still waaaay too early to be thinking about selling at all
one day, this thread will say "never tell anyone about your crypto losses."
my wife knows i have crypto but she does not have access to it. i do not let anyone go near it lol.
my family do not even know wtf is a crypto
i can agree to this. all the sudden everyone wants to get involved and once you open that door, they will expect some sort of money. as if they helped you throughout this time they given “advice”.
wow, reading some of these comments makes me realize how fortunate i am. my adult children all know how much shib i'm holding and i even tell them the value. my two daughters are not so much into it, but my son is. and he and i just compare notes on different cryptos we find (kitty inu???). i bought in may and just told my wife (their stepmom) what i did and the value of it at ath last week. she just said, "oh, ok." so, those members of my family are not leaches and also know that if it goes big they will get something out of it. i've shared 2 inheritances and my va thisability back pay with them and they never asked for any of it.
same thing happened to me, i’m an idiot because i’m crazy to think it’ll ever go higher and i need to seek right away…i bought more. not financial advice
my girl does not even want to know so i'm covered lol
my family congratulates me on my gains from amc, gme and shib. maybe it’s your family that’s the issue
i thisagree, tell them so afterwards you can rub it in their face. however family is one thing, if it were friends or people for example, on social media i’d agree.
my longtime gf (17years) is only one who knows. our plan is to gain enough to let here retire early she is 52 i'm 47 and thisabled.
i aint tellimg no one that im the proud owner of 69 shibas.
why didn’t you get them in on it as well? or did you try but they didn’t care?
i went to school for civil engineering. i was fortunate enough that my mother and father paid my way through school for me. we weren't rich, but not poor either. i also grew up with a strong work ethic. snow storm?? my brother and i and our friends were out banging on doors looking to shovel your driveway. i had a paper route (back when those were a thing) from 6th grade through the end of high school. up early to get the papers delivered before school. worked at a gas station at night through college and friday night and saturday night as 'security' at a car dealership...lots of studying friday night and saturday night...through college. worked for 3 big heavy highway construction companies after school. 2 went bankrupt, last one i was laid off. started turning wrenches (always loved fixing cars and trucks!!) that evolved into starting my own business fixing heavy equipment. been at that for 13 years now...best decision i made!! my wife is hyper conservative when it comes to investing. me...not so much. i've been involved with the stock market since high school. my father was good enough to teach me about the stock market and some of the basics. i got into crypto in 2017. put a big chunk of it into ltc...bought in around 300 and rode that puppy down to 18 or 16...then it recovered. so i've been for some rides. my wife stopped asking the details of 'how's the crypto going??" when my wife wanted a new vehicle...the money was there for her new expedition. we've purchased some property here and there with the money made from crypto...so she is happy. but she does not ask. she knows the gains can all thisappear really quickly. but i have shown that i may have a clue as to what i'm doing. as for family and friends...not saying a word!! if they want to go out and make money...be my guest. its like having that friend or family member that wants to borrow a tool with the promise of 'i'll get it right back to you'...months later your calling to get the tool back and their dragging their feet. the saying..."those who dare, win!!" is so true...i'm in it to win it!! go shib!! :)
reverse. i convinced some of my family to buy some shib.
add money (including crypto) to my short list of things not thiscussed with anyone. religion, politics, finances. good advice! thank you.
geez how big of a bag you got that you getting that kind of pressure, my fam knows better than to tell me what to f to do about anything lol
your success is your success f everyone else!
just sell the amount of your initial investment then it’s just “house money”
same, i only put in a little half a year ago(poor), & i'm only up several grand, behind some ethereum transactions, & everyone & their mother are like "take profit," which makes so much less sense when you're a small timer
if you are the primary earner of your family and your family is struggling financially and this is the reason they’re pressuring you…then you probably should sell and help your family. if there’s no real urgency and they’re not relying on these funds then just keep it to yourself from now on and keep hodling.
ya this is a no shit topic sorry they are bugging you remember you bought this and you have a goal take profits yes but don’t be pressured into something you might regret
it funny because i wanted to sell some shib but thanks to my smart family i didn’t sold it and made more profit. i will never sell it till €1 💪😝🐕
fr let those mfs starve we eating money instead
is shiba supposed 2 go up or something?
never sell unless you're using it as a currency from one to another.
everyone wants fish but most won’t go fishing.
i have faced this. i simply tell them if they wish to invest in crypto, to start reading, or feel free to keep their extensive experience in the space to themselves
i told my mom and that was one too many.
you took the risk. you are solely responsible and therefore have sole authority. that's the entirety of the thiscussion.
get the gains then worry 💰
especially a woman, particularly a wife. women are masters at spending other peoples money.
sounds like your family is in need of the money... are you really willing to risk your family’s welfare for one of the most absurd projects out there? i’ll pray for you and your family 🤞🙏
my wife knows i hold it but does not care or ask questions. she will be shocked wen she get lambo 😂 my oldest son has just started playing around with small amounts
i hate my family…. when i die i’m leaving my money to a random stranger 😂🤣😂
i never told my family about any gains. only i decided to enter crypto market. no financial numbers provided. they told me sell. get out now. you’d have better luck putting your money in a slot machine. i can’t believe you would throw money away. you work hard to get where you are. accomplished so much and now you just piss your money in the wind. omg really- i just said memo received and i’ll take it under advisement. never mentioned it again. nor have they asked.
same on here, some people posting screenshots of them holding . what if it does get to 10 cents or more one day, ok i'm a millionaire come hack my account. but i also do not believe all of them, some are just screenshots of portfolio tracking apps. and you can enter whatever numbers you want.
be a crypto ninja… don’t tell and don’t say and stay quiet.
hodl we’re going to the moon!
not just shiba don’t tell about any investments
no kidding, unless oneself is prepared for the ultimate fallout it’s best to keep things unsaid.
i made this mistake recently
what is this crypto... you speak of? is it a sandwich?
if they do not believe and support they do not need to know. also look into loopring! i promise you'll like what you find! [ 😉
next time you bury your shib... bury them next to it too
my parents know i have crypto investments, but neither of them understand it, and they know that i wouldn't invest anything i'm not okay with completely losing, so there is no pressure to ever sell. i'll never tell them my gains until it is time to pull out, but if they want to learn to invest i'll assist them.
i learned lessons. either you re doing stock or crypto. u never tell anyone even you trust them for your life. seriously once they found out they are so annoying and acting differently. it is what is it. this is life. what a cold world. lol
that's your retirement plan playboy, hold tight.
my bf jokes often he wants me to sell my shib.
what wallet do you use for crypto?... or do you exchange for cro and re-invest...at a xcer loss?
well i think it’s fine as long as you are taking profits. it’s stupid to have a huge amount tied up in crypto
yeah just tell the random people online who have no idea who you are lol
i told my old man and he also invested and cashed out before the spike and tells me what i should and should not do with my investments. i just listen but end of the day my crypto i do what i want...and as far as any gains go massive or small i'll never share fuck all with anyone.
tell them that you got crypto-scammed
i never told my parents about gme and never told them how much i made from it
that sux bro, hodl🙏💯✅
i gave my dad a mini heart attack when he saw that all my gains at ath are being gone in seconds, he screamed sell now , i said no !! now everyday while entering the house he gives me this ugly stare as if i've bought my family on streets just by holding .
sorry but this post sounds a lot fake
your shib not your fams. next time only share a 100% gain, white lie and say you cashed out. then you keep the 10000000%
i told my mum (78) about my shiba,, she bought some too.
my family knows i hold crypto. not how much tho. i also showed them how to buy it and told them to **buy buy buy buy buy buy buy buy buy** every chance i got for like 3 months to the point i think they got annoyed... it’s on them if the bought 🤷‍♂️
best advice thank you!
when people get to know about your crypto gains, you become the talk of the moment. everyone can earn in the space even by having fun. if anyone thisturbs me ever again i'll just introduce them to fufu and let them participate in quizzes and earn as well.
we are all family here.
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this shibs gotta point
sell your wife to her boyfriend and buy more shiba
if they are anything like my family i'd have to pay to get rid of them so i just hodl and hope they are worth millions one day.
i sell my neighbor's dog in the chinese market and bought some shiba
i did the opposite when i told them about doge they blew me off then i told them how much . when i mentioned shiba still at .000009 some actually listed and are in the green
i know a guy in houston
still got my shiba, but check the tiger king project everyone. tking is gonna be huge
it had to be done
this is the new way
boy for sale !
this answer made my morning.
this is uh...the way? lol 🤣
sell your shit coin shibby...while you can... or wait till the crippling drops 😂😂 naww hold the line pussys while the whales dump
my family doesnt even know crypto, but im from third world. not much money for fiat tho
i regret telling my mom i invested crypto. i told her i invested ... she keeps telling me to pull out, but if i listened to her, i'd have missed out on the big spike... i'm not planning to quit anytime soon. she always plays it safe and it resulted in financial insecurity and being stuck in an unhappy marriage, i rather risk it all and lose than not even try. this is the only way.
made the mistake of telling someone how much money i had saved once and they used it against me for years going forward. never making that mistake again.
money changes people good thing you dont
the people around you will change when they realize that you have more digits in your accounts than they do. there truth comes out and your circle of close friends will shrink.
and never take your good shit to work. lol i drive old cars on purpose
“i've been in this game for years, it made me an animal it's rules to this shit, i wrote me a manual a step-by-step booklet for you to get your game on track, not your wig pushed back rule number uno, never let no one know how much dough you hold cause you know the cheddar breed jealousy 'specially if that man fucked up, get yo' ass stuck up” -biggy (10 crack commandments)
lil wayne with the hodl advice
still early as it gets my g😎
because they probably like **his profits**
i bet because they have no understanding of it. it's a long term investment that is headed to the moon with time will tell. we are going for the serious gains not just a couple thousand. everyone's situation may be different in how much is enough for them though imo. 2 di moon
this actually made me smile
i want pets and headpats too😊😊😊
it's like a family member passing and out of the woodwork family you have not talked to in forever comes just for the sole selfish purpose of maybe being in the will...it is a cruel world but i like the fact that some people's true colors come to light so you know you can keep them away from your life. as some have mentioned before toxic people do nothing great for anyone. tell them to take a hike and mind their own business.
animals are the best. including hedgehogs. and goats. especially goats. all animals are better than people, and more pure of heart. they beam out love for you. some people even connect with alligators! (although i have not) animals are the best.
you sold me a deceased parrot 🦜
i wish i could make more money doing that. i'm stuck being an engineer and being miserable at work, but at least i make good :(
lol, i had "thoughts" about selling, but my wife told me to hodl for life changing money.
lucky! my wife said stop or i’m leaving you.
no one believes that shit. i actually did once. literally no one believe me!
same here, i do not know how you gonna surprise your wife but i'm planning on leaving a letter on the dinner table saying do not look for me. i figure south america will stretch my money the best... plus the whores and cocaine is cheaper, and to think she said i have no financial plans.
same here. i invested the money meant for our honeymoon on shib because we had to postpone it for a year. figure id surprise her when its finally time to go to italy with way more than we originally had… and then some. but she will never know just how much. that way she can continue to be surprised, and i can keep us wealthy without her spending everything on shiny things.
same here brother. £50 into £250 and people telling me to sell. people told me btc, litecoin and eth were scams when they were sub .001 so i didn’t buy, i do the opposite of what they tell me to do now
always works out great for them though. funny how it always seems to flow that way.
attack iraq,who was minding their own business
is that the sound of crickets i hear?
if one of my kids said this to me, i'd laugh at them.
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i wouldnt take that shib if i were you
only the most effective way…ever!!
daamn i have some mixed feelings about this one 🤣
a soul for a soul.
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i don’t even know my family.
i'm from america too.
because i grew up with nothing and have a true value of money
make a plan and budget it out at least 20 years. it helps you stay humble when you realize how much it really takes to live.
>made the mistake of telling someone how much money i had saved once and they used it against me for years going forward. never making that mistake again. the best is when you make a huge amount like a million or few hundred thousand and people around you are like if you do not share your fortunate circumstances you're a piece of shit. like bitches, i hedged all the risks , labored through the dd. where were you when i was calling my broker to cash in the cbbt bags or losing my ass on gme because they stopped trading and blocked everyone out? you guys said i was a chump for gambling and i did not know wtf i was doing (- forreal though we're all retarded , so who does) but that is besides the point. you weren't sharing my losses , you do not deserve my gains. actually you know what , i got something for you . "buy the dip."
what was the outcome?
they always say when a person becomes rich, he changes. the true fact like you said is that the people around that person changes instead.
this is why i tell them. i wanna know who’s for me or against me
that's so damn true!
just keep asking them from time to time if you borrow .
right i always cut my coke with baby laxatives when i bring it with me to the bar.
biggie taught us many lessons but the 10 commandments hold strong
ahhhhhhhhh your a kindred spirit i am for it
never seen it spelled that way but it is correct too. stay silent g.
if you collected the whole set they would make posters on the backside... i sold mine years ago... but there is still a market on them, and those original garbage pail kid stickers. 💁‍♂️
bruh im crying over here...
i just like getting head
i used to think that way but as ive become and adult with my own family i have become the realitve in "the woodworks". i only communicate with a select few of my relatives, but i talk to them all the time. when my grandpa passes away, i will be there, but because we are super close. im sure to others it will look like im just showing up out of the blue to see whats in the will, but in reality, i think they all use him and are a bunch of keniving, manipulative fucks and choose not to see or speak to them. so yeah, there may be a reason those family members dont come around.
damn i thought you said take them for a hike and get rid of their business for a second.
would be so different should you have added this: 😏
remember its ok to love animals, just dont lurvvve animals. thats just wrong.
i have 4 rescue cats i just love so much. pepperkins esmirelda the princes, georgie valentine the naughtiest cat, percival rabbit the biggest nugget and sebastian archibald the nervous. pepper holds a special spot, i found her nearly dead, she was so brave even then, she fit on the palm of my hand, just skin, bones, dirt and fleas. i thought she was an 8 week old kitten, but she had her adult teeth. she never grew big, and i thought she would have bad health, but now she is 12 and going strong. at night she climbs under the blankets and sleeps beside me.
thats cuz she smarter than you
what’s hers is hers it seems. and what’s mine is hers
nah i agree with him. my family hasn’t done shit for me. i’ll take my gains and thisappear.
thanks! not expecting a gigantic windfall, but some bonus $. so far i'm at about 2.5 times what i've invested.
hey, i’m looking out for number one. learned a lot of skills over there. same with crypto. people get emotionally hung up on doge, shib, etc... i don’t give a fuck about a stupid coin. i’m here to make money! made 60,000, and then sold, moved my money and haven’t looked back out of nostalgia. same for shib. moved most of that money into shib and i’m gonna see what she can do for me!
i will be messaging you in 1 month on [**2021-12-01 18:38:05 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
was he wrong though?
i have kids, so somewhat agree (i have responsibility to see that they wisely spend the money that i gave them). but why would you want to destroy their investments? if they are doing well, let them prosper, if they fail, that is a life lesson learnt never stand in the way of progress.
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no do not even english i
this. if shib makes me a millionaire i would not change. i'll eat out more often and make safe investments so that i do not have to work anymore, but other than that... you would not see me buying ,000 pairs of shoes or anything.
i’m totally cool with spreading the love—in fact a large part of the reason i even put effort into my work and investments is because i want to help people in my life and community that struggle to on their own—but the second someone starts taking advantage of that kindness? never allowing that to happen again. next person that wants to guilt me over an amount that wouldn’t even cover half my loans from college simply because they don’t want to get off their self-absorbed ass and work a sub-par job while continuing the search for a more optimal one can get fucked. i’m an individual, not the government. you want someone to continue helping you out when you need it? at least put the bare fucking minimum into trying to help yourself simultaneously. rant over, haha
damn, this comment was super well written. at the end of the day, none of us knows how the future is going to pan out and because of that there’s an element of gambling to any investment - especially in things like gme and shib. you could lose a whole lot based on your timing and no one wants to share your losses with you.
you are awesome. i relate to this and feel the same way.
they're not their for your struggle but love a share in the winning.
for me? lost a couple thousand dollars over the course of three years helping out someone that didn’t appreciate me enough to take a job they felt they were “too good for” in order to make ends meet without having to siphon off someone else. for them? don’t know, don’t care. with help from therapy i was able to see their true colors, as well as and see how manipulative and deceitful they were. finally found the strength to block them on all platforms since they were only ever talking to me when they had something to gain from it. probably someone else’s problem, now.
lol, it is definitely a combination of the two most of the time dude.
words like these are why i always end up muttering: "english is fucking stupid" when teaching my kid how to read and write.
i have 3 gpk sticker cards in sleeves, bought them at a flea market and oddly have hung onto them. comics and hot wheels are also a love.
we all do, i just do not like paying for it.
especially from that one lady pat
yeah it will be different depending on the family. i did not mean for it to say everyone has that issue but it is more common than we think. it's sad actually. my grandpa passed last year all i wanted was my photo album he made since i was born. and grandma was maybe thinking about selling the house. one of my cousins comes around asking the other cousins if we could pay her taxes on the house and all live there. granted this cousin does not work and has kids. lol. how stupid does this cousin think we are? and grandma has the right to sell her house and enjoy the money she sees fit. i do not want her to sell either, but its not my choice. sorry had to rant since we are on this subject. edit: the biggest lowblow is they (the cousin) then went to our parents saying the cousins agreed to this when we did not say that, in fact it was opposite.
haha, skim reading makes reading interesting sometimes. 😀
great names. pepper sounds adorable. what a sweetheart. she has a hell of a story to tell.
tell her you ‘won’ way less that you actually did
i'd let them have fun and learn about crypto, and in fact it is something we talk about at home and i love their interest. but as the parent it is ultimately both my money and my choice, and so i wouldn't be able to suppress my chuckle at their declaration that they are the ones in control.
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i'll go on an occasional vacation and maybe buy a house! hard to imagine...
i am going out and buying the ugliest hooker i can find and waaayyy over pay her. all the while snorting coke off of a blind man's d**k. so i do not think i will change at all either.
is your faith as small as a mustard seed? shiba shall lead the way for salvation brother so…. hold bitccccch
you become a millionaire you would not ever have to eat out again. let them do the work.
lol if shib makes me a millionaire i’m splurging after i pay my student debt which is increasing faster than my 401k
yeah i agree. i'm already a bit of a cunt but if i was a millionaire i would be running squid games level of cunt.
you do not like bologna, or sylvester stallogne??
old hot wheels, mid 70's and back, can get really pricey... if they have the little red circle on the wheels, that tells you that you have an old one, not all of the are stamped with the year.
classic reddit twist. it's true till he says otherwise.
my cousins are equally terrible. sorry, you have to go through this. i know it all too well. its so frustrating cause you're trying to play nice for the sake of your grandma, but you can clearly see the fuckery going on. if you say something it always creates a shitshow and you're left as the bad guy.
yes, but why knock them while they are ahead? if you gave them the money, and they are using it wisely, why punish them for success? i just do not understand.
ugh... i've definitely said it more than that...?
spoken like a true shiba soldier!
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thanks and likewise to you. but like i said earlier people in these specific times show their true colors and easiest way to deal with it. block them out and move on. appreciate your time in thiscussing with me!
ah, i see the thisconnect. i just do not want to be spoken to like that. not saying i'd force their hands.
you are right. good luck with everything.
i suppose arrogance is the word you are looking for. and yes, i would not tolerate either.
thanks you too fella shibarmy comrade. enjoy the badge! =]
oh sweet! thanks for the badge!
taxes scare tf out of me 😂😭
we’re going farther than 0.01. it wouldn’t be wise to sell all at 0.01. this is a long term hold.
i am holding till it hits .25 😉🙃
how about 5 cents
oh no... we gotta beat doge's all time high of 0.70!
if you sell you must buy back twice as much
nobody is allowed to sell until .1 -shib master
i’m holding out for life changing money. 0.01 ain’t gonna do it.
guys if we think bigger. obvi we are here for money, but this community has shown its powerful and resistance to give in. i know when shit gets rough (price dumps) lol ppl get some type of way... but look at the bigger picture... it’s more than just getting to .01... this is us getting our financial freedom and what we deserve in this crazy world we live in. crypto is an aggregator to the governments control on us really. we can control more than we believe we are capable of and we can make a change
shib the people’s real decentralized crypto! lfg 💎🙌🚀💎🙌🚀💎🙌🚀💎🙌🚀💎🙌🚀💎🙌🚀💎🙌🚀💎🙌🚀💎🙌🚀💎🙌🚀💎🙌🚀💎🙌
just looked again and circulating supply is at 590 trillion now ??? what happened?
i’m holding til .10 and even then i would only take half
i’m holding until 0.10
nah we going to pluto, you don’t sell at .01 ✋💎🤚
patience is a virtue
even at .01 do not sell guys, because if doge can hit 30 cents after tasting a penny then so can shib
its crashingggg but ima still hodl
in my opinion, and based of 10years of bitcoin, i would say shib can reach . i am dead serious when i say this and i know what the fuck i am saying. seen all, in crypto the main thing is how many good quality people believe in it. these people are visionaries and they master the game.
who’s selling i’m buying?!?!?!
do not sell put it into staking ,help to maintain shibs value whilst encouraging new shibs
still can’t buy or sell shib or eth on coinbase. been down for going on 11 hours. how is this acceptable in any fashion. if we were at .01 or $.10, what would the millions of customers trying to get life changing money be doing.
remember when they said doge would never get to 0.01
i’m not selling till i can buy three houses.
watched it go from.000005 to .000080 i knew i should’ve thrown some thing in this isn’t the first time i’ve thought investing something is a good idea then didn’t do it then watched it skyrocket god i hate myself i am broke till tomorrow but i still manage to get my first measly ’s not too late just lie to me😭😭
on coinbase the circulating quanity jumps from 395 trillion to 549 trillion anyone know where the extra 154 trillion came from?
nobody should sell all of shib... if your smart only take what will get you by and let the rest run up!!!
i just bought 300k after finding this sub. i'm holding out for .01
if i’m looking at this right at .01 the market cap equals ethereum. or am i wrong?
look, i do not know about anyone else, but this has been freaking me out; everytime i open yf to check shiba price, it initially opens at 0.001 with a date of tomorrow and a time of 4:26am and it is happened everytime i opened it for the past few hours, before bringing up the actual price, like a fucking omen or something. can someone else confirm or deny if it is doing it on there is or if mines just fucked up?
buncha people getting rich, love every bit of it
looks like we have some fake ass soldiers in our army
it’s gonna be crazy to see who holds till say .2
there is a way to not pay taxes legally btw. even on millions of crypto.
i trust you guys, i've set my life on it
85% buying 15% selling i still find the price dip fishy
big day in the philippines national holiday on nov 1st. a shib buying frenzy!
thou shall not sell.
im new here but i own asmol amount, shy of 1m shib. im up 200% anyways. copy that
don't be a karen, do not call the manager asking why
sounds fair. i’m glad i locked all mine in staking. i’d be tempted to sell a little if i didnt
those having more than 10m shib - are you holding in wallet or just on exchange?
staking all shib should be mandatory
you're all thinking to small. while your all selling at a penny i'll be buying more up to sell on binance.
in order for it to reach 0.01 shib needs to burn alot of coins. it has a lot of circulating supply
this is an extremely long-term hold people. you are better off ignoring price fluxtuations. doge took years to gain any footing whatsoever and shib is a lot newer. it may be 3,4,5 years down the line but if people keep buying and holding shib will only go up.
just bought another 4 million!
1 cent comes quicker with more coin burns. about half the total supply has been incinerated.
we need more apes, the filthy coal filled kind... the ones that hold thru murky red waters and break thru the pressure becoming the true heirs of shibs 💎✋ community ... we need to outweigh the paper hands getting nervous during buy times
what about additional raises or income for those who buy the dip? by the way, for those who are new here….now is the dip when compared to where it will be in a few years ( i wish i would have bought more back when it was cheaper….food for thought)
no one should sell period...
sorry i read that as 1.0
by order of the peaky fucking blinder
guys, every one is jumping ship in the so called 'crypto crash' i reckon that this has added so much more confidence that it has completely changed the dynamic of what value shiba has. i would not be surprised if we do reach a trillion dollar market cap now, simply on confidence and being very independent of the market. could we now reach at least a few hundred dollars, due to its stability in such volatile markets...
i'm going past that up to a buck
don’t fucking sell then either!
you typed that backwards.
it is absolutely true. stop selling 😊
lol i like this one
we shooting past that why sell so low
ayy you got it boss
when reaches 0.1 everyone click the sell button and who exactly getting executed at 0.1? has anyone took that into consideration?
yeah some fuckers pull out 12 billion
see the price is coming back up again...this happens when you hodl 😇
yeah, not selling until i reach my exit strategy.
fuck me if we get close to that...
looking at lambos and spyders for when .01 hits
at work right now. computer at home is mining shib rn
ot even selling at 0.20
what if we sell at the top before a dip and then buy back more during at the bottom?
you got me onboard chief. bang the drums
i'm here until at least a quarter, because i do not think it is possible for me to get to 100,000,000+ coins now
that is a clear order guys
anyone selling everything at once is retardo
crypto is a hedge against inflation. shib is a hedge against crypto.
love this message. correct!
lol already sold this shit token for profit! bought 300000 for pyramid scheme profit! here's a video of me selling it if you do not believe me
roger that. i wasn’t planning on selling.
and then buy with the money doge^^
can i speak to your manager????
this is just 🧑‍🍳😘🤌
anyone caught selling before .01 will be fired and escorted out of the building!!
i mean this only put the market cap at like 150 trillion dollars ish. sounds reasonable for global pocket change
minimum 0.03 sell here
sir this is a casino.
stfu, telling people when they can and can’t take profits. people should take profits if they want to. some people are up 1300% stop being selfish
\ f\*ckers!!! i need to buy an island and fill it with bloody marys and actual virgins. it's getting too crowded here...
until 1 duck my friend lets go
you know it depends on big whales not us the poor people who dreaming to be rich
i signed the contract
why 0.1? it can be
i would love to see some sort of momentum for a burn. right now, the number of shares (400t) makes 0.01 a pretty astronomical number (would put the market cap at 4t or about 4x the size of tesla). i know there are small efforts like spotify (are you doing your part??) to burn shib, including the now payments stuff, but there has to be much bigger efforts. right now the market cap is >, so if we were to burn half of the shares, that would mean burning 20 billion dollars of shib. not sure what mechanism could possibly burn that much??
nobody is allowed to sell periodt
fuck that .10 then have a fuck nice day
do to high volatility i demand hazardous pay 🐶
you got the 0 and the 1 backwards...
did i read .10
this is a mutiny!! 😂
i’m not selling for 20 years
love this mentality- lfg
paper hands aka broke mofo doing the most right now lol 😂
let's goooooo 🚀 👩‍🚀 👨‍🚀 🚀
we looking at 25 cents …. give it a couple of weeks
if no one sells, how does it go up?
if 1 cent then 10 cents
realistically we are gonna hit .0001, possibly .0004. but to hit 1 cent means shib has to pass bitcoin in market cap… we have more gains to see, but we gotta be realistic to a point. regardless, i’m excited!
bro i'm holding till atleast
i just want .15 cents
if shib was 1 cents, it would need to times its current vaule by almost 500, which would give it a market cap of 40 trillion, or half the worlds gdp and almost 30 times ... that is impossible, unless you burn about 99 percent of your coins. but i wish you guys luck, and hope you can get to .001 cents.
that’s a hard one
let's raise that to .0
hold, we are settling out and slightly higher than where we were yesterday before the mass influx.
sorry, i’ll be pulling 25% at .005
the whales are starting to jump ship!
guys…i’m not fuckin sellin!
you telling me what to do with my investment?? get out of here.
sir yes sir. officer doofy reporting for duty
hodl xxxxxxxxx !!! let's go!!!! 🚀🚀🚀🚀
agreed. -commander in chief.
dude the devs burn 496 trillion in the next two weeks i will hold
i'm gonna need about tree fity.
.10 assistant to the regional manager.
we’re going to need institutional investment if we even want to get close to that. unless of course we all put our entire paychecks into shib.
silly question, can i cash out in another country where i would not get taxed? does anyone know? i live in the us
the irs watching us rn like: 👀🤲
i live in germany, if you hold crypto at least one year as a private person you do not pay any taxes on the money you win. if i sell under one year i pay the same amount as my income tax.
how high are taxes?
you can also have for example a binance credit card and use it to pay what you want , so you don’t have taxes
40 percent capital gains federal tax on securities held less than a year. 15 percent there after. imagine the guy that bought 2gs worth of shib back in jan 2020. sold for 18k profit before taxes. it would of been worth 80 million now being a couple trillion in coins. get some saitama inu on bitmart. 150 dollar gamble for me and a chance to never work again. 1.8 billion coins for a 150 bucks.
this is how biden pays for his spending plan
pay taxes in doge. low value.
gonna be raining 1099s in this bitch
at .01 we will allow you to sell 1% -management
did someone call an uber, headed to uranus
at 0.01 im taking out some money but leaving 90% in. thats still 100k€ and i can at least breath and live stress free.
when you say that you think it might be doge level(0.70 tops out at) or ethererum level
i mean i'd be a multi millionaire at 1 cent and i'm sure tons of others will be too. for that reason i think its gonna be hard to get there. i know for myself once a couple zeros get eaten and i see a few mill worth in my account, i'm definitely setting a stop loss and will walk away.
with 30b market cap right now to get to 0.01 you will have to be in the top 3 coins most likely even passing eth in marketcap, very unlikely.
by this time we’ll be spending our shib at the gas station therefore no reason to sell. 💎🤲🚀
that's almost objectively impossible so i do not know why people keep saying that. at that point it would be more valuable the the entire us economy and all 300k of us on this subreddit would be multi-millionaires.
i would love to see .05 myself. go long on the dog my friends!
if it hit that i will invite you to a vacation anywhere you want everything included
how about 50 cent
.01 will only make me 400,000 it’s 40,000,000,000 or nothing
i have 800000 shiba, life changing money starts at 1 for me. in it just to no fomo rn
is it a glitch ?
is that up or down?
selling half is against policy -management
nah it just fell down to new stable ground after hitting peak. it'll hang around 6000 before pumping to 9000 or knocking off a zero then it will drop around 8000
i just bought ….
working fine for me
same...cannot buy on clinbase for the last 3-4 hours. trying to use paypal to fund...you using the same? i'm wondering if it is a paypal issue on my end
this happened to me today too, turn your phone off and on.
delete and re-download that’s what i had to do
it’s realy not too late at all! you missed a couple fire days but now it’s cooled off a bit so you can still buy very cheap and there are more fire days to come …. they will think of ways to burn more coin i’m sure.
at 1 cent it would be over 3x the current market cap of bitcoin
those gas fees we have endured better get deducted or considered ‘losses’ 😅 i think they actually can be lol
that’s what i’m sayin
is it fairly easy to mine shib?
yes, panama i believe
come to webull, i'll give you
facts i’ve thought about that they be like hmmm shib 🧐
germany, here i kum. seriously i can be there in like 8h, drivng...
what broker do you use? i also live in deutschland but using us brokerage.
i wanna live in germany
don't worry about it. once you're a billionaire you can hide it in the cayman islands.
40% capital gains tax, thanks to biden.
i think 30%ish? so every 100 you liquidate you have to report and it’s ... i think... i could be wrong
it depends on what tax bracket you’re in. you’re percentages are horribly off. currently 37% for short term in the highest tax bracket.
libtards taking your karma. here take some back from me, bro.
make it .10 please sir i wanna be financially indepedent too
ah yes 1%, just enough for my house
who's headed to my anus?
i pity the fool who took that uber, i've heard from many people who made it there and they all say the same thing... it rectum.
at .1 it’s larger market cap than the us economy entirely. so we need to burn a lot of tokens first
this sub has turned into a cult. sigh.
we would need to a mass burning to get to 0.1+, so shib whales daddys please help us poor people out <3
when it hits .25 i will start my campaign for the presidency 😂😂 i would not have time for vacation 😉😊
i will pay hotel, all inclusive, plus hookers for all of you. for ladies, i will offer myself as a bonus.
“behind me is infinite power” - 50 cent
but but but the pretty intern said it was cool
we just need to burn about half the total supply.
youtube it. you can “donate” your millions to your own charity and this charity will pay you yearly 6-8% for 20 years. charities don’t pay taxes. there is another trick to compensate your family with insurance once you die. the layers know all those tricks, it’s done for years.
yea as long as you have a decent gpu. the downside is you don’t get your payout until you reach 1.5 mil shib, and depending on your rig that could take a long time.
binance and coinbase. i mostly use coinbase to transfer funds in xlm to binance at the moment as they do not let us make bank wire at the moment. i also use metamask.
isn’t is strange how crypto is considered unregulated but the government still needs to get a cut of our unregulated taxes?? like wtf lol
well i am from europe from poor country but as i see we got here 35% tax lol, we are countey with wages like in africa but taxes high as like in...
if you become a billionaire you can afford the taxes
convert to btc and cash out or invest in el salvador 🇸🇻 !!! wait till it hits at least .10
and don’t you pay income tax to?
if you hold for 10+ years it’s only 10%
no worries, is they cannot handle the truth of dc corruption they are gonna need all the good karma they can get.
that's not how this works unfortunately. dream big, though. 0.01 is possible, not 0.1
the thing is according to the creators there is no more shiba being added to the supply and there is a burn, so if you consider both of these i would say in 2 years it is possible, very unlikely but still possible
because of shibas burning i believe it will take around 2 years to have the possibility to get to 0.01
my heart if a shiba
you got yourself first vote if you legalise weed
i may sell at 50 cents
much more feasible but i wouldn't bet the farm unless hundreds of trillions more coins are burned
coinbase or coinbase pro? because cb is a broker (like etoro), cb pro is an exchange (like binance). and afaik, brokers only sell crypto cfds, not the crypto itself. the bad thing with cfds is, you would not be tax free after one year holding. the good thing is, you only have to pay 25% tax on your gains ;)
the money many of us americans buy in crypto, is with money from paychecks *that have already been taxed.* then we have to pay a hearty tax percentage on our return... from the already taxed money... **sigh**
also pisses me off how i already paid taxes on the money i initially put into my investments, but they take a chunk of any realized gains. fuck them old bitches.
worst part of taxes is... how the fk did goverment contribute to my success. its my paycheck i risk it and they want cut, but if i lose it all "retailers fault"
and future gains like what if i die how the hell you going to tax me for a future i might not even be in
i know, i was joking
taxes apply on conversion so they’ll get ya in shib to btc
idk but let us just say yes.
we need burn, a lot
you serious ? 10 years back people were like btc 100 is possible not 10.000, now look where it is, everything is possible
people like you were the same people who said we’d never reach our old ath of .00003880 but look what we did
lmfao 5 months ago people like you were saying the exact same ahit about .01 rolmfao
it's the most beautiful thing i have seen in my life! it's watermelon inside a watermelon!
stop spreading misinformation. there. is. no. burn. i remember in the early days they said the 50% to vb was a burn and people bought it. surprised him releasing it did not crash this coin for good.
how long you think for 0.1?
just move over here to canada eh 🇨🇦
we need 50 cent to talk about shiba now
could you explain what happened to the supply rn ? it got me confused 🙏🏼
yeah i mean pro. forgot to add that.
25% is not bad. but i guess rolling it over and over is not a bad thing, till we figure something out tax free :)
ya it’s fucked... same with inflation we are being taxed on our fiat, yet the government can still devalue our money even more like a double tax... it’s so wrong lol
didn’t read your comment before i made basically the same comment haha. oops. it’s a fucking drag. land of the free i guess. 😂 buncha bullshit
i mean that’s all capital gains tax…
because they need workers
why is everyone worried about paying taxes on decentralized currency? if anyone reading this is sweating from looking at their account swell, reach out to a knowledgeable financial advisor or tax law expert before you convert to usd. find out the best way to deal with your large large amount based on your current circumstances, take it out and then higher a long term financial manager that can help you diversify in the physical world (real estate, art, jewelry, etc).
sweet country right? lol
if ol’ brandon has his way they’ll tax unrealized gains too. think i heard them talking about 10 percent. so every year you have to pay 10 percent of your investments to the man. lmfao. that would start another revolution. already reinstated the death tax didn’t he? they need to fix the corporate tax situation, cut corporate taxes to a more reasonable rate and close the loop holes. the reason the corporations are so good at avoiding taxes is because we already have one of the highest rates on the planet. they’d get more taxes out of them like this.
i was thinking on this today. how about we never sell and just live off the staking rewards? by the time it hits .10 any amount we're getting will be a substantial income, kinda like living off dividends. then we can never be taxed on our unrealized gains!
on coinbase you can sell shib directly.
the boston tea party is coming again, but this time it’s crypto.
almost half the coins have abreast been burned and more are burned every single day. that's the key to price jumps, scarcity.
that’s because the net worth of all bitcoin today is 742.3 billion dollars give or take. if shib were to get to .1 the number would be massive. essentially all currency would have to switch to shib to make it even remotely possible.
at 0.1 shib would be more valuable than all of the wealth in the world
impossible = hasn’t happened yet. the past is a very poor predictor of the future.
and brandon is president.
no, never thought or said that. believe what you like i guess haha
why everyone saying "people like you"? it's simple arithmetic. **unless we burn a shit load** it is not possible. i'm diamond hand hodling regardless. i want it to go to 0.1 too, but right now it is not physically possible.
99% of shib? with current marketcap? you sure about that? marketcap is supply\*price
source that that original 50% to vb wasn’t burned? i know they donated like 5% but last i saw the rest was burned no?
dont forget the cocaine too!! hookers and blow go great together lmao
second boston tea party is coming, but this time it’s crypto.
i feel ya. australian government wants a piece of the pie to even though they hate crypto. bunch of cunts.
if you hold you won’t be taxed this is correct
i agree with the relative comparison. with that in mind, if btcs market cap were to increase x10, then it would make sense for shib to continue to grow relative to btc. btcs market cap is not static m8!
looks like that’s happening 👀
without the burn* we need to burn
no, because if it;s there then the dilution versus supply will be even. supply will be lowered accordingly at the level. now, shut up and sell your doge.
i’m just sayin, nothings completely impossible, it may seem like so, but anything’s possible. i’m not trying to be unfriendly, i apologize if it seemed that way
again... to clarify things for tunnel vision individuals like yourself. math has its place and is a factor but not the only one and not the most important one. fiat, stocks, gold, silver, crypto and any other item of value has such value because enough of society believes it does. perception of value is the main factor in any currency. math is nothing more than a factor that helps infuence perception of value but is not the deciding factor. fiat is a perfect example of this the moment we switched from the gold standard. until you have studied and accept all aspects that influence value, please refrain from standing on the social media corner holding up your sign "the end is coming". you're doing no favors to anyone including yourself.
he literally gave the full amount to an indian charity. all of shib could be in circulation at any time.
not even with burning for years? hmm
like if you think about it we still get a lot of tax taken from our paychecks to social security and shit, yet it’s already talked about that we won’t even have that shit by the time of retirement... so ya like wtf. this is why i’m in crypto... hedge against inflation and screw centralized banks control and the gov devaluing their paper currency as they choose
aware but there is also much less bitcoin then there is shib. it’s nothing more then a supply concept. if there is fifty times more strawberry milk (shib) then there is whole milk (bitcoin) then no matter what you do strawberry milk will always be more or less 1.
very rude. be kind to everyone! i sold my doge and put it in shib already
source? everything i see says he gave 5% to the charity
same reason i’m in crypto too. throw in property tax, school tax, and sales tax and we’re taxed every step of the way.
it's called humor, snowflake.
his wallet is literally public.
you're even taxed when you die. what will make you more pissed is that the majority (over 60 percent) of your taxes are spent on frivolous programs that do not even work. coupled with supply chain thisruptions and inflation, it is going to get worse. biden wants to tax you even more and claims "fair share" bs. and if you work in another country? still taxed. it's out of control. all of it. once you make a small fortune from the risk you incurred, it is going to be heavily taxed.
including every time you buy a car, the taxes on that car is paid the first time it’s sold, but these losers tax the shit out of everything. meanwhile they sit up there giving away billions of dollars to every other country without even asking us, do they take out taxes when they give 500 billion to egypt i think not
i forgot to laugh
the next few months will be very telling. we’re clearly approaching a massive boiling point.
programs like the dod
so your life is sad. there, there.
oh it gets way worse. they're also talking about taxing unrecognized capitol gains. that means if the value of your stock or share increases, they want to tax it even though you never sold. i'm telling you. big government sucks. i've been screaming this for years. but people went full autistic and instead were worried about 45s sex life and mean tweets, and elected a dolt that wants to tax all of us into the dirt. i'm 2 inches from pulling the trigger and moving to japan.
why are you like this? weird superiority complex?
holding at 50m let’s go!!!!
i will only sell 10% when it hits ’ll keep the rest.
not only holding strong — i panic bought during the dip last night. the tendies are delish
holding 258m!!! let's gooooo!
just checked my garage. still a subaru. holding.
hodling 80m since 0.00000900 💪🏻
i'm going nowhere until i go to work by choice, not necessity
34 million and hodling long term
hodl strong! no selling! not for a few bucks!
holding!!? its buy time!
holding and trying my best to buy the dips 🚀
let's all buy 10 euro and propel this to further heights😁😁😁😁😁
just jacked another 100 bucks into it let's fucking gooo
picked up a few more in the dip 🥃
35 mill and mining
holding until the wheels fall off!!! 💎🙌
hodling strong and buying more this is the way 💎
who? whole shiba army. the 850k holders all because until we break that penny we will not remain calm. taking into account that this will be for the rest of our days, i think everyone agrees? i also think about the enormous work that devs are carrying out to add more utility to the idea of ​​burning tokens through use. that very soon will also generate a very strong impact
hodling and buying !!
holding and will continue to hold strong 💪
holding and buying 🙏
holding for 20 years
✋✋😉up to 62 million holding strong also...
bought 2 million on the dip yesterday.
me and just bought more
holding shib along side with holding this massive boner at the same time. i fear that they will drop around the same time ...
it’s about buying and having a exit plan
66 mill. not stopping till i reach 100mill
holding 2.1b shibapower 😎
holding 93m, let’s keep buying yall
holding until i can safely sell 10%
holding and buying more...
mine are staked till december, sooo, me!
holding 400 mill still waiting on my price, i still need a couple more zeros to thisappear.
1bill shib and not fucking leaving! yolo! 🚀🚀🚀🚀
watch this zero thisappear today
just added a wee bit more again! try and buy everyday woop woop
i'm in it to win it 👍
the martians are now holding the front line. .
hodling and buying, this is the way
i’m still holding my bag.
bought more yesterday in the 6’s when everyone else was selling. thats how i roll.
diamond hands around 185 mil holding
20 million and holding let it rip
10mil coin. i know it 2 years at least. but i cannot wait till it becomes 10 cents
holding 20 mill 🚀🚀🚀
yep believe this will eat a 0 soon
**hodl till i die**
me with my 4mil🥰😂
just bought 1100usd worth
holding, shib had a 966.8% gain in this month. think it is doing ok.
sitting around waiting for the real moon... 1 cent shib! 1 cent shib!!!
easy hold. barely even dipped considering how far it ran.
i’m in 2300, my dad is in 2400, my step mom is in 1500. shib family unite, bought some more at .000063 last night and happy i did
panic bought the dip. 70 million shib. couldn’t be happier
bought a bunch in june and have been adding. haven't sold any. 💎💎💎
so guys i sold yesterday…trying to time those peaks and values doesn’t work. i learned my lesson. got back in with 5% less. let’s ride!!!
we all are! still hodling and buying.
holding at 50 million. i wanna get up to 100 mill though during the next dip potentially
bought , bought another . sitting around 15.4 mil, will prolly put in another . 😎
i'm hodl, until it is a dollar
bought more this morning before the gain... let’s goooooooo
your mom is holding my d… strong as ever!
holding till i have more tendies than i know what to do with! 😎😜🚀
187 million in counting
hodl 200m + 2.3 leash 👑 💎
16 mil here debating if should buy more or not
stake shib so you won’t paperhand it lol
we have to hold! we can’t let dogelon catch us!
holding strong buying lil dips
is it just me or is the momentum dying ?
hell yah congrats to everyone that panic bought last night i kept calling it in the chat
shiba diamond balls...!!!! keep buying and holding. if i was rich...
i'll be holding way better than that bitch rose that let jack die.
holding 5 million. i need more lol
hell ya holding strong, crazy the money pouring into shiba and evergrow this week 👀 keep it ripping
this guy!! not fazed 1 bit we are still climbing the graph looks great today
who is holding strong
hey! zeus reporting for duty! and keep buying more shiba, let’s see 💎🙌🏼🚀🚀🚀🚀
holding for the long haul, just sucks that payday for me is next week!
holding? ... i'm buying! still cheap! 🚀🚀🌛
is this a serious question? just kidding but holding strong for at least another 5-7 years.
holding, shit man it’s payday, i just bought more!
is the pope catholic ?? 💎
86 m and holding
10m coins standing by for moon launch.
keep buying small chunks at over asking !!!
4% up lets goooo
i’m down 75k but hodling stronger than ever
me ,not selling even if hit 26000
bought another 10 million!!
holding and i bought 5000
150mil staked on shibaswap. i’m not selling shit.
i had 52 mil i'm down to 7 mill that are staked on shiba swap. i bought a bunch of low cap cryptos with the profits. i have kisha inu mononoke inu trolls token luffy floki musk ryoshi this will make me rich
the whole shiba army and will keep holding strong! paper hands will lose…diamond hand will prevail!
this is the part where everyone panic sells and won’t be able to get back in cheap as this thing slowly begins it’s next take off!!! sorry…. not sorry!
a couple things to think about before selling... 1. why cashout now when this token has so much more room to grow? just gonna regret later for panic selling. 2. the end of the year is approaching... you cashout now then you have to files taxes in a couple months. if you want to sell hold till at least january and file taxes in 2023. think twice! 3. shibs project is programed to be bigger than .01. this token is bound to reach higher and will be considered a form of payment with retailers. 4. shib is also gaining revenue through shibaswap, selling ntfs and game development. not to mention they will be gaining new sponsorships as time goes on. these are just some of the many reasons to hodl.
not selling until 1cent also bought a few million
hell i am... will always... never selling!! woooohooo!!... up or down... my own deal... aint selling for #&%<÷+?!!
i panic bought too, 😫😫
hodling like my life depends on it
only 55 million, but it’s an honest living
holding strong and trying to transfer my coins from my coinbase wallet and they seem to be holding my coins hostage asking for ridiculous fees and won’t even allow me to pay it and leave the crap wallet……anyone having this issue?
new to the , what’s everyone’s expectations of it? i love the energy here!
hodl and buy more, this is just the beginning folks, years from now we will look back and say, best decision of my life was buying that shib
i may not have nearly as many coins as some on here but i am still holding on!
yo and i spent my last 9 bucks on some 2 dollar lotto tickets won 100 plus i get a 1200 pay check tonight so shiba shiba shib
i holding like my shit is gorilla glued to my ✋ 💎 ✋ 🚀 🚀 🚀 to pluto baby
there a reason why all this powerhouse trying to bring down this coin fk elon holding tell we pass way pass mars
im kinda hoping that it dips again i got new funds available sorry folks im sure itll sky rocket
here! 70 million shib over 3 different wallets!
holding both safemoon and shib
just watching my 700million coins dance. 50k is cool but it ain’t changing my life... let it cook. we’ve only just begun.
fuck fomo never selling my shiba till 5 dolar
holding strong! lot of money pouring into shiba and evergrow 👀
buying and hodling til it hits 0.01
403mil strong! let us go everybody 💪👏🙌 !!!
i only got like 50 bucks in...i'm holding caus i kinda have to, until its new tires and struts $$$$, would like it to be new tremor $$, but thats almost mathematically impossible
i’m not only holding but buying more! apes strong!
21 m strong boys
holding a milli in the high 3’s…
i'm holding three thousand... why are we not driving up the price? what is driving up the price?
not only am i holding but i bought some shib for my big brother, more shib for me and leash and shib bone
converting more to shiba, woz just mentioned cryto will be utilize better.
99,7 mil lets goooo 🚀🌕
so strong! it’s turning purple!!
💎✋the advantage of being an old man is that life has taught me to be patient. if i can leave it in another 7 years, i should be set for life. he'll at the rate it is going it might be this time next year. my only regret is that i did not buy 100,000,000 when it was down at .000028 lol
just bought another 1m. bi weekly pay blows dragon dong
i am holding and buying got more than 50 mil
everyone and their nans
little guy, 4 mil and holding.
doge hit a market cap of 89 billion before crashing. we gotta beat it. half way there!!! we need the price to hit .00015!! hella doable!!!! to the moon!!!!
just looked down, still a dude, holding.
i just gps my address , nope still the same old house.
here, and i my mum just dropped 1k too
i'm a bit worried about this dip but its not like i made much of an investment anyway.
i’m up 950% but i ain’t selling out anytime soon!!
stronger than ever buddy.
i don’t see why shiba wouldn’t be listed on robinhood so definitely waiting for that extra pump.
well in the past week, i have multipled the amount of shib i have by 6.
added another 15 mill to my bag last night
momentum is dying . fuck gonna be interesting to see how it reacts over night
bout to sell my shib and buy a strong node as soon as y'all pump it up to .0009344. i'll wait, lol
sold yesterday during peak.
holding at 30 mil
holding 690m, selling 50% at .01 and the rest i will just let it ride.
stack so you cant sell
holding 13.5 milly. aint much but hey its something 😂
yep count me in 🚀🚀🚀
¢1 is cool. but i’ll most likely hold strong after that. i might take out 10k for the dentist but i’m in this for the long haul.
shiba and hodl go together like cocaine and waffles!!!
started with 13m last month... just saved up enough and doubled that 2 mins ago!
a realistic question , when would it be 0.1 or will it be 0.1 at all . im pretty amateur about this stuff and im holding since 000000700 lol .
holding strong at 110.8m
me of course i have a house to buy my guy !
25 million holdiing strong since buy in at 2900... 🇨🇦🚀💰
is anyone buying surge inu. if buying then how to buy?
holding till my target profit is reached which is not too far from now
i'm at 11 million. added 1 mil last night. one of my friends wants to get in too. but is it too late to enter the market since i do not know what are the uses and future application of shiba is. any insights what's the use and if its a good time to enter?
holding tight and strong till it reaches 0.01 ✌🏻✌🏻✌🏻✌🏻✌🏻
who is selling??? we should be going up up up!!!!!
350m shib and just bought 2k of aidi inu 🤞🏻
there shouldn’t even be a question about who’s holding shiba. we are all going straight to a dollar then you can start taking a little something. come on guys we going to have fun to the moon
if you get a coinbase card you technically can buy whatever you want without selling all your shiba. (exchanging for bitcoin or eth is also considered selling aka taxable) you can just buy what you need with the card once the balance starts getting stupid enough in the millions or hundreds. i plan on making my car payment or paying off my car once that happens and just paying my monthly expenses for 1 year after it goes to the moon this way we avoid the 38% short term capital tax gain on our entire investment
god damn, i do not think diamond is strong enough anymore to describe some of the hands😳
never sell hodl strong
that would make the market cap worth the world 100x. i’m a believer in this coin but this isn’t realistic.
if this coin hits , it will be worth more than the top 5 riches corporations on the planet. be happy with eating 2-3 more zeros.
?! let’s be realistic lol
i read that shiba cant even hit 1
panic buy?! how upstanding. what a great example of a investor!
me too bought in low 6s high 5s
i just convert some other crypto to this… later will get back to those… this shiba time!
subaru are good cars...much better than ford
same, i'll add some more in a few minutes, just waiting for my stupid salary to come in
hodl till we rich
do more then 10 euro
am also doing it
lets make it flyyyy
keep buying its worth it :)
what program are you using to mine it?
20 years is long
comeon add it up more
buy more its worth it
we gonna hit that 8000
can you hold my bag
keep buying its worth it
nah just finding a floor. completely normal.
flex on em with shiba inu
oh man those are all rugs potentially
i buy £100 worth everytime i get paid
you meant i can buy anything . is that right ? the tax part is insane .
i thought it is bad in poland. here we have simply 19% tax from profits.
my hands are jojo...diamond is unbreakable!
so never take profit?
you have your senses firing on 👌🏿
i have read the same. i am not sure what will happen in the future, the only thing i know is i’m holding for sure. got nothing to lose.
wouldn’t panic buying actually just be fomo?!
lol did you imagine this would be our day when this thread started today 😎
same here, but an 0 ago
bitch i am broke. i just put my .
oof... i own both and a volvo... and i hate the damn volvo more than anything... if only i didnt love it so much...
absolutely i just want to see us reach a new milestone today
unmineable with xmrig (cpu) and ethash (gpu)
i’m hodl’ng strong my
yes but i’ll be rich lol
i’ll hold my boner you hold my bag ?
i did lol edit: dropped 700 yesterday
will be when i get paid in a few days
shit i’m down with 2
im working this weekend and i’ll buy more😪 i literally put my last penny on itt 😅
cmon bruh you gonna be that guy today i see i see
buing + bone bone is 5!
only time will tell
yes but anything you buy is considered taxable because it is selling… so probably waiting a year after alll this happens is the best option that way you only pay a total of 15% long term capital gains
just remember that technically by spending on such a card, coinbase is actually selling your crypto for cash for you before the purchase goes through. so indeed, it is taxable as if you sold the crypto in the app.
in germany too, but here it get´s tax free when you hodl a year.
ride and stay convicted. we battle to .01 and beyond 🚀
why take profits when you can stake & make passive income 🤔
the answer to your question ultimately depends on one's age and health. are you in your 20s-40s and in relatively good health with no major planned purchases or life changes in the foreseeable future? then as always you only put in what you can reasonably afford to recover from in the event it goes south, and hodl. chances are more than likely come out way ahead. 50+, or health, i'd probably start taking smaller profits whenever they arise on the more risky stuff, then mainly focus more on traditionally less risky investment strategies.
everybody is different, i'm not taking profits until after .01, then i'll slowly take more depending on price action
everyone seems like they going to make the money but never use it. lol
dudes do not be making sense. they say hold and never sell like they expect no one to ever take profit. that's the point of investing smh
for sure. there still are a view zeros to be eaten!
yes and no. what happens is you watch the dip, and it looks so juicy and delicious and before you know it bam another
its worth to buy
thanks! might be worth it with my 2060
i hope for the best!
right holding more than a year is better. thank for the tip. i’ll look into the card ...
assuming you meet minimum staking requirements... 🤔
the answer to all of that can be refined with this one simple statement: only sell at life changing profits.
i know. there’s 3 sides to this hodl movement. the people who started it or understand it: hold long enough to avoid high taxes and to make life changing profits the people who ignore it or can’t understand it: they will probably sell on a 5% down, a 10% gain, or after a short period of holding with small returns the idiots: they will throw their money at it and condemn you for never using said money ever again in your life. after all, if you throw in ,420,696.9 in profits, they still won’t sell. because hodl. and they’ll condemn you if you do.
yeah fomo is when you buy as the price is going up. panic buying is when you eat up a dip 😂
im a weird person. i buy when i see things dipping. i also buy when i see things going up. works out so far for me though.
you are my shib brother so i forgive you
do you need to hold the entire amount for the year? does every purchase mean i need to extend that date? also curious if 6 months will reduce the number, i assume it will. sorry for the stupid questions :)
well hell, i compulsively buy the dip... stop me please.
no, actually this is a good question. the first part not sure. i’d assume each transaction starts a new year, hopefully someone here can confirm or give us a better explanation. 2. 6 months will not reduce the time. you have to hold for more than a year. i’d say make sure you write down all your transactions. i use excel for that ... i only trust myself...
no one can help you bud...
you are completely correct. every time you purchase coins it starts a new year. at the rate i purchase i’ll never see ordinary income tax rate 🤷🏻‍♂️
got it, appreciate the response. i'd imagine you'd get taxed less on the amount you bought a year before but again, i have no idea on that. i'll figure it out eventually :) i keep my transaction times by keeping screenshots and timestamps. excel would be better though for sure
thanks for adding this... jajaja si i have to stop buying now, kidding i don’t care pretty sure we will hold longer than a year.
glad to share... here is a video of this guy talking about taxes. you probably watched it already. as it is always been said. your best friends are: an accountant, and a lawyer. they can explain this much better...
i dont have that kind of luck. i'll be waiting patiently for years for .01, but at .009 everyone else will sell and i'll wake up the next day still poor in everything except shib coins
sadly it’s unlikely for me as i need it to hit a nickel to make even close to 7 figures but yes i want this for shib as what’s good for shib is good for us all so again i say yes!
so all i have to do is type “yes”. shit why did no one tell me this 20 years ago.
i’ll be happy with 6 digits lol
yes yes. but even if next year i do not have 7 figures i will still save my investment not panic sell or panic buy or yell and shout at the world around. even if next year my investments do not work i will still be in a state of zen and peace and give time to my things to grow.
don't know about all that. but i'm sure i'll have some money for school by then! atleast for some books.
honestly, i don’t care about the money. i just want to know how all this is supposed to help me get to space.
nah ... i'm gonna be eating on the beach, looking at my new seaplane, and enjoying my 9 figure bank account.
ohhhhhhh helllll yeahhh! -stone cold steve austin
nope. fuck that. i’ll be busier than i’ve ever been in my life. i’d be in the middle of opening a pet shelter where i can pay my employees a living wage with full benefits. i’m not jeff bezos, i don’t want to have all the money and all the toys while ignoring all the good that could be done with money i’ve squirreled away and i couldn’t spend in 1000 lifetimes.
yes god bless shibafaith 🙌 🙏 👏
nah. i would be eating pussy with different flavors every freaking day bruh.
here in argentina, if shib reach 0.01 i will het 1 m, so i can be quit my job. yes
so that comment harvester now in reddit too huh
what's your time prediction for .01?
thats the real goal
yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes yes
i'm old enough to remember these chain emails.
i think 60 million at a penny will do fine
that is great! it will be from my legal marijuana business though! it would be nice if i had another in positano from shib! as for now i will settle for the boat it bought me behind my house that shib paid for in 45 minutes earlier this year!
i need more! yes all day though
i'm not greedy i'll be content with 6 digits lol.
how are we all supposed to be millionaires. makes no sense
i believe it and received it🙌
hell yeah... between my xxxx amc, xxx gme and 24mm and continue to add of shib, i believe my financial future is bright.
half is on shibaswap. leaving it for 2 years. can't wait to see the results.
based on what predictions?
killing zero this month shib safemoon tothamoon 🔥🚀🚀
i just want to pay my rent
shiba hits a penny that’s 160k from 100 bucks
no. but i'm hodling no matter what.
no!!! my bank account won’t have 7 digits it will be in my wallet i would never deposit that kinda money into my account with this joke of a government across the whole world. leave the crypto money in crypto deposit only what you need not what you think you want 45% tax sucks
yes, but of course.
did anyone say no?
i need a penny but hey if enough shib gets burned or if my 1 leash coin and 100m shib combined can net me 7 figures of investments how can i complain?
i really hope and pray 🙏🏽🙏🏽🙏🏽 you’re correct.
i’m not greedy, i’d settle for a 6 figure brokerage. lol
i got 8 figures in my ryoshi vision account!!
1 yeeeaaar? i thought this christmas would be different :( let's make it possible!
eating oyster for sure
jesus. this is cringe. this is something out of facebook just reposted here. yall cringe as hell
shib's only purpose is to destroy doge.
fuck yes!!!!!! does that count? shiiiiiiiiit
positive vibes ya’ll so yes
elon will be a trillionaire by then and millions are going to look like thousands. inflation is here my friend
i’m going into hiding.
i don’t have very many so i don’t think that is happening to me unless it goes to like .10 lol
helll yeaaaaa new world order enter shiba iu
i cant believe my 100$, it was a damn joke 😂
mmm, yes, indeed, nice
yes. all in baby!
yes ! this is the way
just give me the new house and new car. 7 figures sounds fucking exhausting.
i commented ‘yes’ this morning. but maybe can i change that to ‘yes, but preferably in 2021’? after my first comment i broke my phone, and last week i had a kitchen fire and my car broke down. i would like to speed up the timeline a bit if we can change my luck pleaseee 😅🍀💎
yes please universe we all deserve a life that is a little easier
i only need it’s to hit 0.001 to change my life a lot. i just hope that the shib holders around the world all hold and understand the same thing the £5-10k gains in real life won’t even buy you a nice car not even a deposit on a house, i’d lose a £5k investment everyday of the week to hold on to a dream ! (especially when this dream is actually achievable)
buy and hold. this is all a popularity contest if we become the most popular, our coin will be worth the amount we want it to be worth
most definitely yes. i’d like that
if we get a 400b market cap by 2022 i’m shit my pants
what’s a good amount of shib?
it's going to happen this year if you have 1b shiba once it hits robin hood your going to be a millionaire because i predict the price will be 0.001 if not higher. i think that there is a good chance that once robin hood creates a crypto wallet i believe that the hole crypto market is going to gain trillions i believe cyrpto is going to be the new world currency . cyrpto market is going to spike so much its going to be unreal. god bless enjoy the gains and hold 💪
yes to affirm lol
while that would be nice when i bought some earlier this year i had always planned on holding for at least 2-5 years. nothing about the recent events have changed my plans.
i’ll be lucky if i can replace the window with holes in the frame
for those who has less than 100m shiba this is not for you.
yes well idk if it is summer 2022. i'm thinking fall 2023 to winter 2024. but yeah the . lol (bought in at 5 zeroes so i'm up like 300% right now lol)
aussie summer or american summer ? ...cause aussie summers coming up real soon ;)
yes sir shiba diba doo
high 5 to 6 figures is my moon...would change everything, i could work on my projects without worry and my girl and i could slow down on working a little to enjoy life! would need close to a nickel to make that happen currently...trying to get more in to increase the return before we lift off!
i only have 60m. for 7 figures i need it to go to 0.02 or something like that. maybe in 10 years xd
same... i rather hold till the day i can live off shib for the rest of my life 💎👐🏻
i dream that this will be true, but unfortunately i am not a lucky guy (sorry guys i’m the one bringing the price down) i will hodl as that is all i can do. i’m a single dad with three kids, i want them to have better than i can offer
your are such a pessimist. it will be spring.
yes, yes i will.
yes !! let us go algo
how much in shib do you need to have today to make a million the day you think it will skyrocket?
i’m in a good position because i got in fairly early
if every user in this group visualized this scenario, it is very likely to come true. that’s how the universe works. the secret...ask, believe, achieve then be grateful. ❤️🇺🇸🖖🏻🍭
i was thinking few years but il take 2022
everything but 7 figures is actually true for me. and i couldn’t be happier. thanks to shib, doge, and amc my life is actually getting on the right track.
so what you think you become?
we'll, close enough. i'll be eating in a mortgage free house, i do not need a newer car, but i'll take that minimum 7 figures tho... and say hello to retirement, finally. hodling...
1.5b and freaking hodling. at 43k so far
i got over 300.
three only clear logical thing to do is to hodl
i'll have enough for a down payment on a house, and to start day trading that is enough for me i'm trying to get to a hundred million shares.
il be fucking my wife in bed with shiba inu bed sheet
lol i’d say by the end of 2021….
yes sir!! however on the way backup if i feel like it is gonna take a nice little dip... before going up any further i have to at least once or twice take a short term profit and then reinvest because before it dipped the 1st time i made a . so no more fucking around i've got to take some chances.
oh hell fuckin yeah
everyone wont be a millionaire this post is dumb af. as soon as people start selling the value will go down. do you honestly think everyone holding will become a millionaire? only the first few sellers. usually that would be a whale. which may induce panic selling. and if you manage to sell in time. hopefully you'll get a fraction of a million. long term holding is the only way. be ready to wait 10 years.
so happy i got 400mil and getting free coin on crypto.com for locking them in
yes!!! please, i could definitely use some good luck for a change 😭😭😭
between this and xrp one of them has to get me rich. here's to the moon.
not sure if i will have quite 7 figures but it should be enough to pay off my debt and finally buy a house. which is perfectly fine for me. here's to some hodling 🍻
holding 453m shib, waiting for another dip to buy more, maybe join the 1b club 😎
might as well get some magicdoge while we hodling
i just moved into a new house…i’ll be damned if i move again! my wife is going to bury my ass in the backyard! 😂
yes and take my award.
not too sure what i’m doing either
9 figures here 🚀🌜🛸🪐🌌💎🙌👏💪
holding. i got in a zero back and then some. up quite a bit. didn't throw enough at it that the money i'm up is not a reason to sell... but if did hit a penny... i would not be hurting.
i'm thinking 3 years i'll be able to afford a house, car, boat and capital gains taxes lol
i’m very sad i only have 10m… should’ve got in way earlier but it’s all i can afford right now sadly. about . honestly i’m not holding my breath but realistically i’m just trying to make enough to pay my debts off. (2k) life would be way less stressful even if i made 10k.
i would love to be able start any business i want and turn this opportunity into something that would be a huge step forward for me
yes and holding forever
since the shib devs are actually working on this coin i believe it will show me great profit… holding well past 1¢
cool i don’t need a new house i have two, i don’t need a new car i have three. but my daughter needs a nice nest egg she only 10 so i have some time to hold.
buy 1 mill at a time if yoi have to still cheap
i got 12 million and i’m holding
petition to get petsmart and chewy.com to accept shib, leash, and bone as payment
i'm going to fly in to p.r. and fix those people electric grib
shib grants me the chance to be a millionaire 100 times over i vow to be known as the man who gave flint michigan clean water for good & fixed the electric grid in p.r. as well as many other humanity projects i intend to manifest. this is my way -
hell yes all fucking day! i just bought more today.
dont just wait, accumulate. set those shib on a mission to dig or stake or earn yield for the year. there is something here with compounding that can really set you up to earn while your position grows through the year.
anyone on here getting involved with the ecosystem outside of holding the coins?
yes! 10mil gang and buying dips 🤌🏻
i need it to become a dollar :(
yes yes yes oh yes
if our coin hits .01
please be realistic 😩 this is why shiba gets so much hate from other coins
700,000 people will not become millionaires just fyi, please do keep being able to dream big, but be realistic. shiba had its millionaire pump for the early adopters already, pure luck to put it simply. it’s all a gamble. stay involved. hold assets in a wide spread, but do take a chance at the next shit coin, you never know
paper handed bitch you are
mid bear market? doubtful...
this may be true, but not because of shiba.
i remember seeing this on the dogrcoin sub over a year ago. don't get your hopes up too much, projections like this are pure conjecture. it will happen at some point, no doubt, but to put a finite time limit on it is not accurate
ffs this is just karma farming and shitty low tier facebook memes. all the stock subs turned out like this, what a damn shame
lol this will never happen
yes!! let’s fucking gooo!!!!!
this post has mlm energy.
i’m holding 72 trillion r now. i’m holding till summer 2044 so i can buy a new pair of socks! let’s go retards!!!!!!! uhhhhh
my friend whom is a non believer told me to sell and laughed at my investment should i be petty and send him my charts or stay quiet?
nah, prophet dogshit !!!
duh bro. we all eat here
buy 1 mill at a time if yoi have to still sheap
someone should start mining a coin called . it would be the most worthless coin ever. today biden wants to put restrictions on crypto . this is what the far left does. they love keeping people down. i am not a republican or right wing nut or a left wing nut. i am a libertarian. since when are we china .?since when did we need a babysitter to buy crypto?biden ruined a lot of lives today manipulating the sec crypto currency, it is illegal what he did,
even with btc market cap the price would only be at 0.001. sorry to hit y’all with reality 🤷‍♂️
shib will never hit a penny. the market cap would have to be 10 trillion dollars which is more than most of the worlds gdp. you guys are literally handing your money over to whales dreaming of these get rich quick schemes. invest in coins that allow you to stake and yield dividends. seek stable long term profits and be smart about your investing. sorry to bring you guys back to reality.
you would not have neither of that there no paper hands only dimond never sell
only thing i see you doing is sucking that d for money 😂
nice try, fire guy
no because i’m still gonna hodl.
bro stop that shit, this makes it sound like some bs mlm
to be sure i'm holding, i made a wallet full of shibas with 10 cents of ethereum so if i will have to sell i'll have to buy ethereum for it. i'm going to hodl shiba inu for at least 4 yrs, do not worry
i only hold 0.14 shib is this dream for me?
both of these coins are overdue, shiba and doge had their spike. if you still want to be early buy now and be rich before xmas. i highly recommand buying saitama (dyor please) 18th of october buyable on bitmart. now you can buy it via uniswap, hotbit and shibaswap! lets make this money together fellow doge and shiba investors! search up saitama ot will not thissapoint you!
americans needs to quit their bs positivity culture
fuck these karma whoring posts
look up the total supply of shib and what the market cap would have to be for it to reach 1. be realistic. if you're going to invest your hard earned money, do not be lazy, do some research. not every crypto is built like bitcoin.
we could have all mooned on doge but no you greedy assholes wanted to ruin everything
shib is trash. the only thing it is good at is increasing the time to mass adoption for real crypto currencies that have real positive implications for the world. let this shitty pump and dump die
i didn’t know this was facebook.
please stop. tht is all
oh i thought i opened instagram briefly after seeing this 🤣
2032 remember! in 2032 shiba will worth at least 0.157 cent. i just come back from the future.
not off shib but yes
if this ever pops it will be an uphill battle as every whale dumps their coin on the way up. it’s a pointless coin and it’s a mistake to buy. fortunately for me i make mistakes and own some. when in rome…🤷‍♂️
what fucking 13 year old with 0 financial knowledge wrote this?
don’t worry if people sell the price will go back up and stabilize as more get in and the cycle will repeat. coin keeps getting burned and what not the cycle will repeat it will have its ups and downs but so long as there enough volume being bought and shib keeps exchanging hands burning more and more coin all is good
think about this this way: this is a generational cycle. many bought super early, way earlier than any of us and will sell at some point. doesn't mean it will dip. they are in fact selling every day, getting rich. many left a long time ago too. and so are buyers, buying every day, building up the next generation. it's like people and babies. when your time comes you'll collect if you feel comfortable, another one will come to buy and hodl until they feel comfortable selling, or holding. many are still holding from a long time ago and will be billionaires. you'll have that luck because you do not need any. let's be happy we are here, many people in the world have no clue as to btc is let alone shib. enjoy the ride.
if it shib hits a penny, i got
join coinbase and earn crypto buy filling out quizzes
if it hits a penny i’ll have enough to pay off my and my wife’s student loans which is all i want really.
uhhhh even if it returns you 500k, 400k, 300k, just imagine the possibilities of using that to reinvest into other financial vehicles. 5-7 years from then, you'll be sitting on 5-6mm easily if you move the money around correctly.
if it goes to one cent for me i make 3 million! i would definitely cash out the majority of it but leave just enough in that if it went up you know another 5 or 10 cent that i would still make bank... so i would take the rest of that million and invest it in a couple different coins including buying back the next dip on shib! but i would take out a couple million and retire for sure.
where you at if you dont mind me asking?
just keep buying small amounts weekly. you will get there.
i tell you what. if it goes to one cent hit me back and i'll send you like 5 grand. but let us pray for like 5 or 10 cent because even if i pulled out at 1 penny i know i would leave at least some of it in there. cause you'd be stupid to pull every last penny out. you know what i mean?
sorry but a nickel is impossible unless they burn 90% of the supply and that still won’t be for a nickel…that’s to hit a penny
yes for me, i'm in the same boat.hedging on it dipping to .00001 so i can buy more to make this goal.
they did. did you not forward the chain email after replying “yes” ???
chocolate oyster you say?
october seems to be a good month… 🤷🏻‍♂️
.01 is not possible, do the math and calculate the market cap it would have. this thiscussion is just stupid. it may reach it someday in the future. but this will take most likely 10-15 years minimum. no offense, but people here should start use their brains.
no nigerian prince here. all gains. 🚀
you got bad math then. 😂🙌🏻
get a fucking job
this! exactly, you get it! why use a decentralized system to then put it back into the centralized system to be misused again? makes no sense. keep it in your crypto and only withdraw what you need. sadly this cannot be done directly yet haha 😛
you will not get taxed 45% period. the taxes across the board average out to a little under 30% if you average them all. taxes are not taxed at one lump percentage. just google "2021 tax bracket rates"
they’re not. all you have to do is a weeee bit of research like a good investor.
most exchanges have it listed now.
making that $. 😂💎🙌🏻🚀
cringe af. all the comments are spam.
currently doing burns as we speak. 🤣🤷🏻‍♂️
once it hits robinhood? everyone is leaving robinhood you twat serious question. how much coke have you snorted today?
i need it to be 1 zero to her to 7 fig though.
100m shib at .01 is ,000,000
this is the way! 🚀💎🙌🏻
i can dig it! originally from lansing! living in florida now. 🙌🏻
😂🤡 hodling until my goal. nothing wrong with that. sorry you didn’t buy enough to get comfortable some day. 🤷🏻‍♂️🙄
you are in the wrong place
hey there daddy 😉
with the current supply yes. that's where the continued implementation of burning comes into play. at the end of the day this is a gamble, just like with any other crypto. in a few years my investment will either be worth significantly more or worthless. that's why you never invest what you cannot afford to lose. i only threw a few grand into shib because it is my moonshot. the rest of my portfolio is mid to high cap alts.
i like $$’s earned. thanks though.
please re-read the post and try again. you will not become a “seven figure” investor off shib coin. you’re one of the people that probably chased gme. the pump is over. the coin has no value and has over a quadrillion coins in circulation. you clearly don’t understand how crypto works. this coin is near its peak and will come crashing down when the whales pull their billions of coins out soon.
what’s the point of investing if you don’t buy yourself nice things? you gonna take your wallet to the grave with a headstone that said “they never sold”… come on dude! 😂🤡
wow… coming with the 8th grade comments. 😬🤣🤡
i see you’ve been watching the charts. 😂🤡
no ones worried idiot
just supporting my investments. don’t give two shits about reddit karma. 😂🤡
currently burning everyday. 😂🤡
i made . if i would’ve held i would’ve walked with . not making that mistake again. set myself up nicely for .005
it’s not, just supporting my investments. 🚀💎🙌🏻
i was lucky to get where i got to cause i got in kinda early. i don’t have a lot of spare money. i’ve been wanting to buy dips but they’ve been happening between paycheck and whenever i get paid it jumps back up
provide that exit liquidity!
i wish i was in the 1.2b shib club
a penny will never happen unless they burn 90% of the coins
i’m liking my position to do well at .0001 nfa
yeah i have a similar plan in smaller amounts. once it hits half a penny i’m pulling out some for a few tens of thousands to pay off my debts and steady my life out then i can focus on my career while the rest of my shib sits and awaits the moon
i’m sitting slightly above 20mil
i mean…that’s kind of what i said?
welcome to the titty twister
chocolate oysters is for the incredibly wrinkled shib apes club. id settle for vanilla flavored
haha i like it. doubtful, but i like it!
hope you’re right :d
when the 1st 2 squeeze i'm going to be buying a ridiculous amount of shib ...
it was a joke idiot
lol the sad truth but in time lucky coinbase in the states you can deposit directly issue being i have shiba on 2 other platforms before coinbase or binance listed it lol so here i sit. if i move it i’m charged if i keep it there i’m golden till i wanna move it lol
i thought i saw that they can tax upwards of40-55% depending on how much you invested an how long it was invested in crypto
ok good that’s what i have 👏🏻
to late for that
okay i've turned 1000'll be sitting on 1m not trying to brag just saying go ahead sell your shiba if you want to miss out on 100x gains. right now if i lost it all i'd be ok with it because i know how to do it all over again. money is a tool learn how to use it. i say cyrpto market is about to gain trillions of dollars we are about to see things we never thought possible happen so by all means sell all of your crypto if it makes you feel better but i'm going to hold and trust in god that he will continue to bless me . god bless you hope you know jesus brother he loves you and wants to bless you and your life have a blessed day. praise jesus ❤💯😁
a wizard is never in the wrong place
that’s the problem with shiba, they don’t have tokenomics…there isn’t going to be a burn, they’ve already said they wouldn’t and they couldn’t even if they wanted because it would require everyone to burn a large portion them selves like 98% would have to be burned to hit a high price and it’s not going to happen.
here comes the smart guy, with all i said you focused on the only thing that did not had any value, thank you!
lmfao. burning when it is sold. do. some. research. or keep holding your worthless coins. maybe by 2025 you'll be able to spoil yourself with a pre-owned kia.
well at least you're in it. & you'll financial situation will improve👍good luck to you
my advise don’t invest on a friday. people get paid people wanna spend money stocks and crypto kinda boom on fridays because of this. stocks are a yes and no territory.
you're in the dip
maybe when you have the extra , just a thought.
i do not want this to sound harsh, i'd like to help you. it sounds to me like you're struggling financially (this is not me judging you, i've struggled financially myself, part of why i want to help you) and i have a few things i'd like to say to you in order that you would not struggle forever. first things first. debt. if you have any debt outstanding, apart from a mortgage, getting clear needs to be your number one priority right now. dave ramsey is the man on youtube for this. look up the debt snowball. secondly, when it comes to investing, whether that be in stocks, crypto, real estate, or an extremely valuable pokemon card collection. never invest more than you can afford to lose. because you just might, and then you're fucked by definition. further on investing. you need to strategise. yoloing into an investment whenever you happen to have the spare cash and the price is "low" will not a rich man make. so what do you do? decide on an amount that is comfortable for you to invest monthly. let's for purposes of illustration say that your income is . let's for arguments sake say your expenses are . the remaining . if you have little or no savings whatsoever i'd lean heavily towards saving (of that ) until you build up some breathing room. if you're less risk averse save 6 months expenses, if you're more risk averse save 12 months expenses. your risk tolerance level can only be determined by you. doing this means that if you lose your income tomorrow you have 6 to 12 months to get back in your feet. this will reduce the anxiety you feel immensely. so now you're saving your , and putting the (i'd advise you to steer clear of robinhood but its not the end of the world if that is what you use initially) once you've got your savings account funded, you can put the entire . you may notice i have not said you are "investing" that , only putting it into a brokerage. this is because you cannot simply buy assets willy nilly and expect to get anything other than brokey wokey. what you do is fund that account and watch for good buying opportunities. what does that mean? well that is the trillion dollar question. i like well established blue chip companies that pay a dividend mixed with some growth stocks in my portfolio. you buy, hold, continue funding your account, buy, hold, continue funding your account. you get the idea. you build positions, the aggregate of which over the span of months, years, and decades appreciate greatly. a piece of advice from warren buffett that i'll leave you with is never to invest in a company you do not fully understand. meaning if you cannot explain to someone what the company you're investing in does, and how they go about doing it, you should not be investing. it's why the great w.b did not invest in microsoft. he knows sweet fuck all about computers, he barely even uses them. coca cola, on the other hand, produces bottles and cans of sugary, flavoured, carbonated water that they sell to millions of people, worldwide, everyday. you can explain that to a child. i hope this stupid comment a stranger on the internet has made to you helps you live a better, happier life. god bless.
25 bucks a dip keeps the haters away
it will be interesting to see how many people would not sell if it got to .005 as for lots of people, even with only a few million is quiet tempting to cash out. i'm like yourself and got in early but i invest my money into many other things other than crypto and with the amount i put in i too would be very sorted if it fits a penny. for me i do not have much cash tied up in this and do not need the cash so i will definitely be holding this for a long long time. i really think this will see a sell on the highs, buy on the dips and burns of tokens until we see a significant change in value per token over the next 3-5 years
me too i got in before last may then doubled up over the summer spent less than 100 bucks to get 26 million coins now i just buy like 10 to 15 bucks a week i also use voyager and they give me 2% ever month in my shib so i am constantly getting a few thousand coins from them every month but if they actually do start burning coins on a regular basis and this gets in coinbase a half a cent or 1 cent will be enough to get anyone with at least 20 million 100k usd but if they do not start burning coins i do not think we will see 1 cent for a while there is just way too many coins in circulation for that to happen as it stands now unfortunately
it jumps but you need to get in when you can. i'm in the same boat. i know i would not be buying in at 16 or less than 20 at this point. just get in now while you can. imo it will sit around 30 for a bit
you’ll get there too soldier!
just find new cryptos that will pump bro
cool. i’ll just wait then. i got nothing but time. i’ve bought . i’m staking it all and hodling until then 👍🏼
actually that ain’t true look at doge unlimited supply and it hit .70 this year fora brief time
grab the popcorns, it will be a wild ride
kinda in the same boat here... i'm at 14 mil but i do believe that shib can go past a nickel imo.
we need shib to burn 50% of outstanding coin and then 🚀🚀🌚🌝
hating on your own investment is never fun. 🤷🏻‍♂️🤡
you should be a fucking comedian.
longterm is taxed at set rates. none of those rates reach near 50%. short term are taxed as income and it gets taxed across several brackets. to much to explain here but google those tax rates. now, if you're an llc and you're trading crypto in the name of your company, the taxes are totally different. what you may be referring to is federal then state and local. depending on your state, if you add all 3 together, it can get up to 37ish-40ish%. edit also i'll add this. the irs can say whatever they feel like. 20 years ago my parents won 3.5mm. they paid their tax and the irs came back 3 yrs later saying they owed another 200k. they did not pay it. they got a lawyer and won the case for less than 40k. i think where some people get tripped up is talking about lottery winners. lottery winners have to pay the commission and taxes. that lump payment gets hit from different sides. feds want theirs but the commission wants theirs also. that's why someone can win 500mm and the news reports they took home 200mm or some crazy lower number.
better to always have more though! especially while it’s cheap! i’m up to around 115m and still buying.
so like a lot of coke lol
& you are not a wizard.
they’re currently burning right now and have been. 😂🤡
shibburn.com watch for yourself, troll. 🤡😂
i've also heard day traders like to invest on the weekend because the stock market is closed and then they will pull out before the markets open back up. can neither confirm nor deny if this is true or not.
it’s very true. i just haven’t had the opportunity arise for me in the last few weeks. i’m still hodling and don’t plan on selling unless i find i’m in desperate need. i’m already positive in my investment so i’m good to go.
buying mid week is the way to do it in my opinion, watch for the dips
what?? no they do not. people dump on friday for the weekend. as far as stocks go anyway.
i agree with a lot that you are saying. and the snowball is real. i’m doing ok, better than i was that’s for sure. i was in a better spot when i initially got into shib and it wasn’t even my idea my coworkers were the ones that told me about it. i got what i could then hit a tough spot. i’m now on my way out of the tough spot. not out yet but soon. thank you for the advice
i’m just in the 1 leash and 100m shiba club lol
i wanna get in on safe tree for like 2 months now and i can’t because my dam state i can’t get bnb coin
doge doesn’t have trillions in circulation
that's what i've been telling everyone we must catch that spike
i literally said it’s unlikely so i won’t make 7 figures. are you just that dense or are you just trying to attack people because you literally have nothing better to do with your life? you either need to learn to read and actually understand the words you are reading or you need to get off that pretend high horse of yours and fuck right off.
question, how does one burn shib? can anyone burn shib, or only specific people?
thanks for the info still won’t sell ever i’ll always hold what i have i may pull small amounts out at a time as i may need something but won’t ever sell completely
dope i would but i’m unemployed right now and can’t spar anymore cash. hopefully by the end of the month i will have the money to get more 🤛🏻
have you seen my profile? idiot
coke and drugs are the counter fit to what i'm on. i'm drunk in the spirit the holy spirit fills me up and let me tell you it is a better high than any drug out there. its peace joy happiness all in one and nobody can take it away from me . love you bud gotta get you some holly spirit you would not wanna stop drinking. the joy and peace is unreal words cannot describe it. jesus takes the weight of the world off of your shoulders and opens your eyes to a new life a new way of living victorious and true freedom beyond your imagination. the only downside is the world will hate you because you will have what they choose not to get. jesus is the way truth and life i bless you and pray god opens doors for you and blesses you. i pray you see how much he loves you not that you loved him but that he loved you even when you hate him. i break off the spirit of depression and suicide off you in the mighty name of jesus leave him. praise god almighty 🙌 🙏
sorry your not getting rich
won’t make a difference
how much have you made off shib? let's put up numbers. the proof is in the gains.
don't get mad at me cause you jumped on a trend coin instead of understanding how cryptos work before investing. let me guess, that "china calls shibcoin the dogecoin killer" article got you, huh?
this seems to be a pattern… pumps friday saturday and dumps sunday night 😑
seems logical honestly presuming it’s crypto, if it’s stock market closes on the weekend
definitely personally if you are ok with your current supply set aside money you would of used to buy more and wait for a dip be it 1-2 months once you see a 5-20% dip time to go in
crypto a whole different ball park 24
whatever you’ve got >>> 0
download the exodus wallet it lets you exchange btc or any other crypto to the one you want in your case bnb yes it does have fees but worth the exchange and a good microcap gem to get in right now is .
yes but the reality is shib has a coin cap where as doge does not. the reality is over time they circulation will drop coin will be burned. don’t think of the now think of the 5-10 years out. shib is relatively new it has done what doge couldn’t in 1 year of time plus it actually has a ecosystem going
that's why the burn exists. let's make an example: burning 1% of shiba per transaction might be too high maybe 0.1% burn will keep alive the shiba for a good while it all depends on how much shibas you are allowed to burn per transaction
shib is burnt with every transaction and with renaming shiboshis when they are released. the way it works is a portion of tokens is sent to a dead wallet. you can actually look up the wallet address if you want to burn some tokens by going to the twitter shibaburn (make sure you go to the one that was shared by the official shiba twitter and shysatoshi to make sure it is not a scam page).
you’re living in the past my dude… 🙄✌🏻
correct. this is the best way to do it imo. some others may have different circumstances which force them to sell all. i cannot say selling all is bad either because i do not know other people's living situation.
well i guess neither are you based on your predictions. nice to see you support your investment. you appear to just be a comments troll though. 🤣👎🏻
currently up 274% hodling at 724 position. ✌🏻
lol! dude i’m hodling btc, staking eth2, and diversifying in many areas. sorry you don’t like to make $$$…. 🤣🤡
that is the pattern with most of the crypto space.
about 14.5 million doge are mined per day. it will take about a 200 years for doge to have as many in circulation as shiba
based on that response i’m assuming it’s the first. i apologize that your parents failed you so bad. you can still go back to school and learn to read and they will actually teach you comprehension as well. good luck and good day to you sir.
i see you in the spirit you do not understand what just happened. bless you god's bout to rock your world grace and peace be with you.
i knew you would say that.
i just enjoy making clowns like you realize reality
the clown is you thinking it’s going somewhere high with the supply it has 🤡 learn how market cap and supply works 🤯
yeah check out taboo over the course of the past week
i made a few grand off taboo in the past couple of days off an investment of less than a grand. what kind of money are you talking about. it does not get much quicker than that.
however shib coin is burning at a few billions per week now and growing give it time
you aren’t winning. i just know i’m wasting time with you cause you’re stupid af you dummy
i will be messaging you in 8 months on [**2022-06-13 00:00:00 utc**]( to remind you of [**this link**]( [**1 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
come find me… chances are i won’t be in the comments section on reddit with 7 figures. 👊🏻
i’m sitting on 300% gains. bags are packed tight when .005 comes rolling in. do your thing. 🤷🏻‍♂️
he already did. i have a qp of 🔥 in my closet. all personals.
well i like letting the charts speak for themselves so clowns like you can be butthurt trolls for missing out. 🤡🤷🏻‍♂️
says the guy that doesn’t even know burns are currently happening… 😂👎🏻
i’ll pass on the shill. 🤣🤡✌🏻
so you’re not a shitcoin hater, only shib? 🤷🏻‍♂️🙄
maybe we need to start a pool of people to buy billions to burn so the price jumps and makes money for all of us.
winning what? you are the one that decided to come here and try and demean someone. you are the one looking for internet points. the fact you think this is some kind of “competition” proves my point.
my dude! appreciate that! back to hodling & chillin in sunny florida! 🏝✌🏻
if you smoked all that still would not even be close to my level of joy and peace and happiness i'm on what if i told you there was a way to stay happy 24. wouldn't you want that god says i will use the foolish thing to confound the wise. you see i use to be in the party crowd and was one of the biggest pot heads at my school i used to grow it and sell it to my friends use to live that life. god came to me through someone else's and he broke me out of the chains i did not even know i was in a he delivered me of all kinds of evil and demonic stuff that i had in my life. i'm a new person who has been sober for 5 years now. i use to be into all kinds of witchcraft and now i'm into saving people from hell. that's my testimony hope that seed takes root in your life and starts to grow love you and god bless you 🙏 ❤
ha it went even higher. but i'm the clown.
i do not hate shib. i hold shib as well. i just get frustrated that nobody will even glance at other shitcoins.
i was correcting you not demeaning you…maybe you have a chip on your shoulder
sad that you don’t believe in your investment. 🤷🏻‍♂️✌🏻
stop worry about other people. it’s not your job. it’s also super cringe
this is weeks ago
swap is taking so long to drop that we've started recycling month old tweets to keep new holders engaged. lmao! i'm still holding and keeping the faith for swap but seeing posts like this really messes with my zen thing, bro ✌️❤️🐕
old but still true lol
making history love it
woooow! posting month old news? doesn’t look well for shid. trying to scam noobs. very trashy.
alright screw it bought another 8 million
this is the best post i have seen since i joined the shib army 💪🏽
is this a fake post?
old post but awesome!
this makes my dong hard
i could not find it on twitter!! did you?
i cant find this tweet by him on his twitter page...smh
got my hopes up but then remembered this was from 5. source:
remember when shittydev was pretending shiba was listed on binance due to the sound fundamentals of the project? 😂
wooooo this is absolutely fuckin amazing!!!!!! 🚀🚀🚀🚀🚀 best community ever!!!!!! we need to have a “shibalooza” when we all become wealthy!!!
shiba future is safu !
wow!!!! the shib army rocks!!!!
thi is the way
it’s not on his twitter, fake though
too bad it’s crab walking still
shib to the moon 🚀 are super good this post 🚀🚀🚀🚀🚀
the army is growing quicker than any other community!!! muahahahahahahahah
only 10 million here. i am patiently waiting for my .25 cents payout
i could not find this tweet
so once shibaswap is introduced. we all expect to launch to the moon?
shib to the moooooooon
where was this posted, i don’t see a tweet about this. the
i can’t find this tweet.
the fact that so many people do not realize this is over a month old goes to show how many new people there are to this community. keep growing!
well, this tweet is more than one month old, but always good to remember the good moments
thanks for listening to the needs of the customer and acting swiftly binance, it is a win win, robinhood and coinbase can learn from your example 💎🙌🐶💂‍♀️🥩🦴👍💯🚀🚀🚀🚀🚀🚀
i feel like you should have included the whole tweet. not because i necessarily agree or thisagree with it, but editing that bit out makes this feel a bit deceptive, ya know?
i think cz should make more shib token campaign like okex did for vote your favorite token + holding shib reward campaign
this is very telling
old news. this tweet was posted here last week. so ... any new updates?
if they are excited, they are making money off the pump too...
umm i don’t see this on cz’s twitter. ...fake?
why did you post this? it’s literally month old
this post is oold
“we follow users” what a crock of shit. you just got paid ,000 to list shib over other projects like safemoon.
shib is the way. let's go.
this is not a recent tweet though.
bullshit. if what he said had any truth to that statement he would've listed safemoon long before shib.
you cropped out the last part in the tweet: "not endorsing it. super high risk. nfa." what does nfa mean?
you're a crypto investor and your username is tricky_bag , i found that funny
a lot of newbies posts getting botted out
to tha mooooon 🚀🚀🚀🚀
im in it with shib but you guys should check out bank social it has great potential and much lower supply. really could blow up.
get it listed then
coinbase is just really picky with what they support, took pretty long for doge to get listed even after it spiked hard. robinhood would help us...but its robinhood and nobody should be buying crypto from those scum bags
coinbase waits to acquire a lot of token first then they list and sell off at the pump
you can get shib using coinbase wallet. very simple to do.
he still has not done anything.
. if you are new here i would recommend first reading up on cryptocurrency. don't just jump in on fear of missing out. make sure that you know what you are getting into first. once you are ready to invest you can use to get started, it takes you through the process of buying step by step. the articles in the guide should also answer most of the questions one might have starting out. :)
“sam… your messing with my zen thing man.” - flynn from “tron: legacy”
idgaf about who's holding. that's the problem with this new generation. always worried about what other people are doing
maybe it’s worth the wait… rather they spend time and do it right. right?
bought another 16 million - i'm with you!
it’s an old post...
i was excited for about four seconds hahaha i would like to know how old also
gold dongs are always hard and shiny
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **22744** times. **3.** `u-the-dogo` **8489** times. ... **173.** `u-confidence6971` **112** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
where they said that? 😂
true but old, may 10 days and twitter
your mom is fake news
it's from may 10. op left out the super high risk not endorsing it comment as well.
i wish normal people would understand robinhood is a crypto rip off.
yes they are scum bags.
robinhood can suck my salty texas butt
ye like was not doge big userbase like quite awhile?
hard truth but he’s right! 🤚🏻🤚🏻🤚🏻🤚🏻
right on observation coinbase is where pumps go to die
my favorite way of getting shiba is sending eth to my metamask wallet and then swapping it for shiba using the built in function. that way it is always ready for shibaswap
what? shib is listed on binance, is it not?
exactly where i stole- ahem borrowed it from. great movie and outstanding soundtrack!!!
this is some boomer shit. yeah cause previous generations never cared what other ppl did.
agreed. that's why i'm still holding and picked up some more when it dropped into the low 6's last week.
officially bought 23 mill today, i have a problem of trying to buy the top
a little over a month ago
thanks. i wasn’t sure in this context. “no fucking around” could also work.
doesn’t matter what savvy people think, robinhood is a gateway into crypto for everyday people. that’s how i got into crypto and stocks
didn’t take me long to realize to learn that lol, only thing i own on there is doge and it sucks that its stuck there
robinhood is fucking scam
hmmm true but thats why and where the shibaswap should change the game. alot of noobs intonthe shib as like a stock to hold, mamy have no idea how crypto works, this will evolve & is why i think the shibaswap is held back to adjust for that influx of where
no they are not, you have to understand as a platform they had to buy the supplies to hold it under their platform. it's possible that they may have ran out of supplies during their pick time which cause them to stop selling what they do not have.
why is it a crypto rip off ?
not really i'm here for dollar bills not coins, with that said i pay no ridiculous gas fees on robinhood. i use other platforms and ya maybe i own a token but i'm here to buy and sell. robinhood provides a cheaper way of trading.
not as bad as crypto.com
they cannot make it to user friendly to buy crypto
and pay how much gas? why buy eth at all? just buy shib.
the point is to mind your mother fucking business which your generation never seems to do...
wow. i just bought another 30 million. not trying to upstaged you or anything.
sparkles and glittery diamonds to the moon
shut your dumb ass up 😂
i agree that was the beginning for a lot. first place i bought doge at, wished i would have kept the hundreds of thousands of tokens lol. literally my though process was “ lmfao this crypto has a dog face” , the rest is history. cheers to all those who had a similiar path🥂🍻🥂🍻🥂🍻
i wish more people would get this, if it was not for robinhood i wouldn't have learned more to wind up here and other sub reddits about crypto.
vlad is a goddamned criminal
exactly, thanks to rh, i got into crypto. now i have crypto in binance and crypto app.
i feel you on that my doge is stuck there also. i wish we could transfer that bitch out
it's not really stuck, just sell it and immediately buy more elsewhere
it's. wen pretty steady on its price lately. it wouldn't hurt to sell and just rebuy right away elsewhere. anyways...just 🤔 thinkin
robin hood is a rip off because you in no way own any of the crypto you “buy” through them….
because you in no way own the crypto you “buy” from them. plus i think they’re shady after the gamestop thing.
sir or ma’am please learn more about what you are investing in. your comment has me worried…
what’s wrong with it? been using it for a couple years now with no issues.
i imagine that he means that it is kind of messy to cash out and sometimes it is buggy (i guess), but in my personal opinion (newb opinion that is) i figured how i'll cash out when the time comes (in a while) and restarting the app cause it is buggy is not that bad. he could also be talking about the fees to move out shib.
what's wrong with it?
crypto.com i've had no problems with. and insured up to 250 k 😒
i do not buy the eth, i mine it.
yeah and you boomer asses never asked one question, just took it as it is, and look at how shit is now. it’s gone so great for you that you’re here with “kids” trying to get rich off shib. congrats on your left turns.
lets keep the momentumn goin!
cool. just wanted to make sure we both talking about the same nuts. salty, not the honey roasted kind. unless she likes honey 😏
first thought: "lol doge has a dog face" second thought: "lol shib also has a dog face" yes it has been an incredible journey of growth indeed
well they are criminals and sold your data most likely and probably would not last for long. feds all over them!
sell it ans then buy it again with the money you got from selling?
‘stuck’ for crypto means a inability to move it without selling, this defeats the purpose of crypto anyway. why would i sell now at a loss to just rebuy on another platform? no wallet= stuck
i lost soooo much money using crypto.com. with shiba... so basically let us say shib is at .000000978 if you sell shib or transfer to usd they will only use the first number.so you'll get it at 0000009 that 78 could be worth . not realizing this. so i lost over
on top of your ignorance i sense a bit of mild retardation... who says it has not gone great for me? secondly, who said i'm trying to get rich on shib? lastly who says that kids are the only investors? smh... obviously you do not understand how the world works...
bought 420k for the lulz
you must be the crytpo police...😂
😂😂😂 this is how champs are made
yea, and and naked shorts were made illegal in 2008 yet several banks and companies have been doing it for 13 years in the open. robinhood will likely still exist regardless like most of the banks involved with gme will still be around because money makes the rules.
how is it a loss if you rebuy around same price? it's not like it is moving up and down at an exponential rate on a hourly basis.
hodl shib until it’s a .00, problem solved 😜
there is a bid and there is a ask price. you will always lose a little money when you sell.
i believe a lot of exchanges use this method of trading.
you don’t understand what you’re doing
i mean no adult would use the word "retardation" as an insult so you got me there, maybe you are not a boomer, but a 12 year old instead. my bad kiddo, have fun investing!
let’s keep this going!!!
uh bro i bought mine at .40 lmao, last i checked thats at a loss
exactly. the price has been very level lately.
yea that is what i'm doing now after losing 80m coins hodl with 156m
if you market trade, but really you should limit trade.
the difference is most of them allow limit trading.
😂😂 you're a moron. apparently for all your well to do financial jargon you do not understand the market at all. go play in traffic or something...
i think you are misunderstanding something here...
you sell for a profit. you get 10k for 1000 coins. rebut 1000 coins for maybe 10,100$. due to fees maybe. you don’t lose much msn. you get freedom. how did anyone get into trading and not able to do a logical calculation such as that?
crypto.com does not have market and limit buying
oh ya doi lol
i took a small loss figuring i’d make it back by buying low which i did... something to think about... but if you’re not interested in using coins then robinhood is fine...
you know those people who grab something and you have to pry it out of their hand? that's what some people did once they bought doge... their mentality is not conducive to buying, taking losses, etc... all the money i lost in the move i made back... like nike says just do it... but plan sell high, buy low... own your coins so you can spend them...
it was a brain fart comment bro lmao
well then they do this to intentionally syphon your money away. even exchanges like coinbase or even coinlist offer pro versions of their trading platform to allow limit trades.
😂😂😂 go fuck yourself
shib just hit that deathcross. time to find out whose ride or die
people just need to load up on their shiba and forget about it for the next year
for %. and then needs to go down by just 50% to get back to . so if anything goes up by 100% and down by 50% you gain nothing. so chill bro 😎
f to that dudes aunt that threw her life savings in at 70
except 20% is actually 120% of that 600%… simple math
and they call it "crash " . what a pussys ...
well it was more like 900% gain and 300% dip...
opposite on my end. it goes up, no one shuts up. shib goes down, not a peep. at least me and my friends are holding. to a .01 and beyond!!
i saw the dip, did a little panic dance, i do not have a lot of money, but whatever, put in 75 dollars i would have spent this weekend on dumb stuff. doing my part.
57,000,000% in a year and nobody pauses to consider any possible retracement, whether healthy or forced... nobody sees any red flags? 👀
great price now for me to load up. tot never gonna have the chance to buy at this price anymore! 😊👍
at $.00007 everyone is buying at $.00005 no one is buying??? i am. see you in a year
the more it dips the more i buy hehehe you wont see me crying. 💎🙌🚀🚀
wait... when did we go up? i have not bought in two months?! lol im kidding obviously. i'm still up more than 10x
fun fact: those 20% actually erases 120% of those gains. if a stock moves up 100% and then down 50%, its back where it started.
after dip comes rip
facts just bought another ... i dont wanna work no mo!!! lol
my friends are unbelievably annoying right now complaining about this baby dip "bip"? anyways shm
buy high sell low, that’s wsb motto, not shibarmy’s diamond 💎 balls ⚾️⚾️ lfg 🚀🚀🚀🐕🐕
dude i'm loving the sale on atm
worth pointing out, the %s aren’t the same in both directions. example, if a stock goes from ’s a 10x increase or 1000%. if it then goes down to ’s a 20% reduction. however, that actually changes the run up from 1000% to 800%. so if you’re holding the stock, you lost that 200%, not 20% if that makes sense. there’s also a lot of psychology here (that i won’t pretend to 100% understand), so seeing a 20% pullback in one day can make people shake in their boots. that can cause panic selling and put it into a negative feedback loop.
buying all the dips yum
this is why i uninstalled voyager and not going to look for awhile.
i love you. this is great. to the fucking moon!!!
🤣, so true, we are just getting started. hold strong shibarmy and you could be that guy next year posting how you held through the waves and changed your life 🚀🚀🚀
i remember just last week when everyone was asking, is it too late to buy? think about that in this dip
nooooo. they definitely don’t just bat an eye! they all shit themselves with the most bi-polar style excitement. then when it comes time to deal with the not so fun part of being in the market, they want to die and feel like the world is ending. calm the emotions, y’all!!! dips happen. you should have known this would happen before you first hit buy.
who knows a trick to coinbase wallet to get the money out without paying a arm and a leg?
i love the picture of all the idiots still talking about the circulating supply.
more panic sells than you can imagine.
the only mind losing i'm doing is because i'm still over a week away from payday. dips always seem to happen before i get paid lmao.
just bought 1 mio more.
buy buy 💎🙏🏽💎 lol! let’s fackin gooooo 💎🙌🏼🚀🚀🚀🚀
i've seen people saying: i've lost 40% 😭😭😭😭😭 mate did you took the risk when you spent money? yes? **then hodl it**
it's like in the army. some are strong and hold through all the training. others go home. one's get to experience what the army is. others know battle, blood, glory and the taste of doge's defeat! that's us op!
i'm not selling for shit💎👐💯... just look at our grand father bitcoin. he has gone through all this shit already. fuck no... i'm not selling for shit 🤣🤣🤣🤣
just bought the dip again for 120 usd today. just buy the dip, maybe go broke, who cares usd is in the crapper anyways. i live in new jersey, it’s rough here, i would rather be a shib millionaire than admit i live in one of the most phucked up states next to california
i think we are at a place to accumulate more buyers who missed out are gonna be excited at this opportunity... do not be frightened because it did this before,... i think guys who sold are thinking wow now i can invest half and keep making money!!! don't you guys realize the only thing stopped us before was bitcoin crash so,... so what do you guys think?
shib on sale. time to take a big scoop.
those 2 percents are not even comparable i wonder if some of you passed middle school math. the percentages are based on 2 very different numbers leading to 2 very different percentages
amen let them leave they not ready to join this army
jesus, man i took and extra shot of coke(this is ugly) but i'm still up!
i’m fucking holding. can’t figure out how to cash out on the apps anyways lol
just bought .00004145. fuck yall paper hands...but thanks for the deal
its been 20% each day tho haha
it's cause everyone kept advising people to buy when it was high. lots of folks only hopped on late october, so it is quite a loss. this shit does not go up forever. it gon crash. never hop in while shit is high out of fomo.
listen, the reason the drop has everyone so spooked is because they know shib is trash with no real development or value. i bought at .00002277 and sold at .00006656. anyone expecting better is a fool. this crap would not make you a millionaire if you buy it now, it just would not.
because the only thing that moved shiba inu, was hype, and the hype is gone, the hype is now on coins like goku inu, or floki inu.
you need to learn simple percentage stuffs i think.
super proud to be apart of this family!! let's freaking go!!!
keep buying don’t let them take us down!!!!!
haha yep so true
what goes up must come down. consolidation is healthy.
i mean, if you bought at the top of that 60% it is still scary.
i want to wake up to a big dip so i can drop .
this is just a separation of the weak and the bold, i am gonna buy a s ton with these bargains.
me: turns around over my shoulder after i bought more... chimkin teddies for good boys???
let them sell! diamond hand won’t care the dip 💎🙌🏻
bought another 100m today
becuase humans have to be aware of things that can hurt them more than things than help.
bought some more at the dip hopefully the dip don’t dip on me :3
this is a major problem w. people need to learn to not get emotionally attached if they’re going to take on risky ventures like investing whether it be in traditional stocks or cryptocurrency. i promise it’s a much smoother ride if you can manage that. just think of everything below .01 as a perpetual thiscount if you have to and keep buying.
actually joker is more into derivatives because its not about the moneeyyy
it's funny... cuz they equate to the same thing in opposite directions. -20% in one day or 20% in one day for 30 days let's see more of the latter, please.
this lol. seeing all the tiktoks and youtube about the crash 😆
i bought another 100🤷‍♂️ still alittle away from my target. this is atleast a 6 month hodl anyways. people that don’t have patience aren’t cut out for this.
i bought at the peak and i'm still holding, will hold for at least 1 year.
its 20% of the total thats a big drop. but hold the line
damn this is some harsh truth
my shib portfolio is down 36%. still hodling it
this mene is so true
yep! zoom out! it’s all good
truth! wtf is with people: omg we have a 5% dip now it is crashing everyone sell goddamn motherfuckers this was it and it was fun ok thanks buy. i am waiting to buy more.
i think many yall forgot that there is no holding to the moon with this one because there are no shorts to be covered. people have to buy this asset, and because people found out about the whales and about the coin market cap issue, they have no reason to hold because its a house of cards.
instant gratification...is the new generation...watched the fud for a long time hold and you will be rewarded. too much going on here
i’m buying as much as i can. some friends i say i’m a gambler for buying shiba. i say i’m not a gambler i’m a speculator and shib hodling is way better than a lottery ticket. i have diamond hands till the day the army exists and i have been part of this army since 120k members and now it’s 400k !!!! just a month or so. diamond hands ~~~ 60m and adding weekly. we all will make a lot of money and it’s inevitable. just need to hodl. it’s not faith, it’s maths. just wait wait wait.
“it’s all part of the plan”
it's on sale. i see no problem. i hope it adds a 0 then i can get that 100 mil that much easier.
pin this for the next seven days or so to cure peoples minds right now lol
hello my name is karen and i would like to speak to the shibmanager.
it's because it is normal to go up, that is the only way for shiba. going down is an anomaly, it should not happen.
just shows why crypto in general is so volatile. you have apes screaming hodl and talking about shib crashing every two seconds on this sub which is not helping the cause. this sub could take a few hints from the cardano sub. they are so polite over there. its like a tea and crumpets society. still hodling my shib until i can afford to fill an olympic swimming pool with literal tendies and hookers. 🚀🚀🚀
yes up 600% in a month. a drop of 20% in a single day is not a good sign, remember its a meme coin so in the remainder of this month it could be down so much more or it can be up. at the moment a lot of people are selling shib to move to the next coin whether its floki or the solana version. the point is many people see this as an investment to make money not because they like the project. if you bought is early then its fine to hodl but many newer people bought in higher so naturally they will sell if it drops likes this. each to their own.
not everyone bought a month ago
seriously lol. just set it and forget it!
hodl, may shib be with you
im excited. been holding since april. so riding that wave was amazing. cannot wait for the next one. ppl gotta stop flipping out. have fun, chill and buy
yep whales 🐳 are start moving their profit from wallet to wallet…
going to add a zero back ! whales moving on
its not 600% please learn some basic math look at the chart it is currently up 192.8%
doge at .80 2.0 lol
bit more than 20% 😆 well worth batting a eye lid for this
it's not 20% bub. lol
i love this. so true.
don't be batman. be the joker!
for real. all these thumb sucking mommas boys are scared that their 100. i’m up thousands of dollars still and i know how to zoom out on the graph. i’m happy as fuck with where shib is sitting. fuck these crypto children
im holding the line...
the ones who are losing their minds didn’t do the math. the run has taken place. you might get some traders now in the 5 - 6 range and it might stay in the top coins, but as far as dreams of financial freedom it won’t be with shiba at this point.
just hit them with the "1st time?"
meh, is what it is. i'm balls deep🏀🏀 i'm here to my diamond hands turn to dust. what is dead...may never die!?!???!!!!!🥳🥳🥳
any sign of it flattening out yet?
damn you nailed it. its so true it almost hurts. imma diamond nut it
what did you expect? shiba to number 3 or 4? :d thats why whales always win.
all original shib soldiers must be taking profit and jumping into ryoshi token leaving the late arrivals holding the bag. 😆
you can’t win every moment...where’s the fun in that? just a paper hand squid game round 1
the newbies are so dramatic. its crashing wahhhhhhh. stfu. it's good if the whales dump and get out now they just hold the price down. buy the dip and be patient.
let’s get that 5th zero back
ride. didnt you hear: no time to die;) 🕺🏻
i saw on etherscan that the shib wallet that made .5bil in is on the move. i expect the price to tank really hard. but that might also bring new buyers to this coin afterwards seeing the price really low or the price chart might scare them away. good luck shib holders!
what death cross. when did it hit.
die, die, my doge
or you could take . watch it fall. put a . then you actually have . this is trading. most of you apes call it paper handing, but idk that hodling the bad with diamond hands is worth not trading. hodling is such a shit strategy.
i just thought of her
literally why would anyone do that tho lol ' even investing half of your life savings sounds like poor judgment
i'm not smart. wut?
1. -20% for the day and 600% for the month down to 480% for the month are the same numbers just presented differently. 2. it’s a meme. don’t take it so seriously.
good chance it continues to spiral downward. it had its moment. everyone's pretending this is some long term project with rich history.
i have never invested in shiba 😶
i am not selling
same, just a good opportunity to accumulate more 💎🐾💎
everyone i work with always mentions the smallest decrease in price and won’t stop until it goes back to green. but they could be up 50% and all they say is “good it’s up.” so annoying lol.
your right. it will be lower tomorrow.
the 0.000000000001 price wasn’t really accessible or know to anyone. trading volume back then was incredibly limited and i’m not even sure who was able to trade it then. people really got access to it in january 2021 and it was around 0.00000001 then. that’s where i’d start considering growth from. either way. i was holding a bag in march. i’m ok holding a bag now. i suck at trading. so i either hold until it’s life changing money or don’t think about it. ’t going to change my life (after taxes it’ll be 7k). sure. it’s a lot. but the stress of timing the buys and sells and worrying about missing the moon (if it ever happens) isn’t worth it on the end. so i’m holding. i set myself a hold date. june 2022. it’ll be over 1 year since i bought in. that or .000.000 after taxes. whichever first. 😅. for 1 mil i need it to burn two more zeroes. and since that’s not likely in that period of time, i’m assuming i’ll just reassess in 2022.
that was very cash money of you 💵
buying a falling knife ouch
i’d also like to know this
that’s so stupid, it’s been between 6 and 7 for a week
we do not use that word anymore. get with the times boomer
is this a quote from the new chappelle special i heard so much about?
um. this is not true at all lmao. the hype for shiba is just getting started, this is market fluctuation. not a mass sell off😂😂😂😂
what the heck is goku inu and floki lol
yes but you entered around .000065, it will easily rise above that. you'll be alright.
first i've heard of saitama. just checked the chart and it is up like 1000% in the last month. it's basically at its ath. isn't that what you are advising people not to do, buying at an ath on a meme coin?
bond, is that you?
they become richer than the gdp of jamaica
i think there is a strong detourant that will slow it down. tax on converting your crypto back to usd or probably any other national currency. the moment they move it from crypto to cash, the government will want a serious cut of it, if not half.
actually i heard that those with so much if they sell, itll cause the whole crypto to collapse so fast that they will only be able to get 5 or so million dollars out of it. they are much better off burning billions of their coins because it will help raise the value for everyone.
the price of weed spikes or is that backwards? i’m high.
just read the comments in this sub.
.00000023 when the whales leave
unless you hodl long term. mistiming your trades on the ups and downs can and will seriously fuck you.
i hope he’s ok lolooool
people get sucked into all the mental midgets talking about 0.01 and all the millions they made (on paper). social media is peddling this junk *hard*.
if you go up 50% from 2, you will be at 3. if you go down 50% the next day, you will not be back at 2, but at 1.5. holy shit, this bull cycle is close to an end.
careful. you get banned for this kind of talk lmao. cut the rope and dip while you guys can. diamond handing yourself into 4 or 5 digit losses is not funny
yeah yeah ,go fuck yourself
i'm 12 and what is this
i definitely got lucky on timing but watched mine from beginning of october turn into really almost 1000% gain
then i will buy somemore. dollar cost average before the moon shot again.
haha i do what i can 💸💸💸🙌
going to buy me some more
you didn’t catch the reference faggot. tell your wife i’ll be over later. i’m a god damn sexual tyrannosaurus.
lol? good luck my guy!
we go in jamaica and make them richer
thats a great point too. like i sit here and have thought about that at times. like if this things sky rockets over time there is so much supply of shib that in reality no one would be able to cash out because where are they going to find the printer pressers to give it to them?
that all depends on the money you put back in. but taking it out allows for profit opportunities. instead of just watching your unrealized gains dwindle.
i mean it is all her fault... who the heck looks at a meme coin at a ath and decides now is a great time to risk it all
ha right. nothing wrong with making gains. but have to be realistic about the project. there is no identity (not much use) in the end... everyone's defending the meme nature, that is not the problem, it is a casino coin in the end.
i don’t really know aside from it being some kind of stock market related subreddit that keeps getting upvoted into my feed for some reason
but first i'm going to party
good man right here
you leave too early bruh. you'll never make anything on your investments by getting in and out in a couple weeks, then jumping to what a few people say is the new trend. proven method, buy and hold. diversify your portfolio. keep investing, especially on new lows. its basic math kid😁
just let the idiots lose their money
>it's a utility currency for a company that is set to become the apple of the crypto world. you realize this is just made up fantasy, right?
while i agree with you saitama is a great token, you're overselling tf out of it. it checks boxes and is going places, nuff said.
well depends on supply and demand at that time. as they say only put in what you can lose. i took out what i put in a long time ago and have been riding out my bag and will continue to until im rich or absolutely need the bit of cash it might provide. (plus tax wise im at net 0 right now so easier during tax time)
for every seller their will be a buyer
i think we're over estimating the gdp of jamaica lmao
i’ll get you that 3rd one. i can’t stand seeing someone who barely has enough lambos to be able to crash the first two… it’s not right
dude! agreed! mans has 104,166,666,666,666 (yes, thats 104 trillion shib). he should burn half of it, that is 52,083,333,333,333 (yes, thats 52 trillion) leaving him with 3b. 3b is more than enough to be a stripper prostitute with. he'd secure his family for generations to come and even increase the current value of his remaining shib.
until you take it out and you miss the moonshot. unless you have some kind of crystal ball or genie lamp? i’ve done this several times, fucked myself out of gains by thinking i’m smart. if it works for you, fine. it doesn’t always work for me though.
i suck at trading. i never know when to sell and buy so i end up buying low and selling high. it has cost me a lot in the past. the best i can do is just hold.
she will still be fine
bruh. get it. these prices are juicy af. edit: dm me if you need. i’ll answer what i can and help you get setup if you need
have fun holding the bag while the whales slowly sell and move on. you're an idiot, who thinks hodling a meme shit coin is the way. you hodl btc and eth not shib... smh.
did the same thing when i said i got down voted that’s when i realized that some of the folks in crypto really down know how to invest or they invested what they shouldn’t have or invested their last hoping to get rich i invested to the long goal! stop panicking and hold the line or don’t invest this really ain’t for everybody it’s just a dip i bout in at the first all time i bought every dip by time we got back to the all time high i was up 20k go check my old post i been here through it all💎 handz for sure!
me too. i sold some shib at 0.000008 when it was a resistance line. then it blasted up to 0.000014 and then to 0.00003 and on, without dipping lmao.
tru. i'm speaking more in terms of when something is plummeting. that is a perfectly viable time to take out funds with some gains vs hodl the bag and be stuck with losses.
if she’s still looking to make bad choices i may be single
lol good one. you should hold any investment you make. if you dont think its profitable long term, why even invest?
sucks to have a million coins, pull it for a few bucks profit then get back in only to have 300,000 coins.
if it’s a pump and dump shit coin, sure. but if you’re long, go long i say.
yuuuup. that’s why during this dip lately i’ve only bought lol i’m ocd so i have to have an even number. up to 300m exactly and not selling anything until 0.0005 (only 20%)
seriously insane 1.3 billion costs 50k. three days ago that was 10k
you should have done that 3 days ago🤣
thank you for your service!
what was entry price if i may ask?
added 10 million shibs at .0000275 just now. doing my part for the shibarmy. keep this thing going, build new levels and foundations to grow from and keep making headlines. folks are going to be learning about, hearing about and then getting in on this thing while it is still breathtakingly cheap. they will realize as i did, that to make revolutionary level money in a fraction of the ancient stock market that only trades for like 6.5 hours per day vs cryptos, 24-7, you have to get in the game. can you name anything in human history where you can actually get in at the ground level, fractional pennies - so that anyone from broke teens to desperate to retire grampas can change their lives? shiba is a dogekiller and will change the world.
i put in . i suck!
if this blows up then i can finally have the money to take care of my mother. let's go!
i do not always invest 50k in cryptocurrencies, but when i do i make sure it is a memecoin that gained 400% in the last week
looks like you're 5k short there bud!
lfg🚀🚀🚀 let’s get some wallstreet bets to get in here and yolo some more moneyy🚀🚀
oooooo hell yeah 💎🙌🏻
can you yolo another ?
don’t sell and please wait for robin hood listing. thank you for buying some shib and i hope all is well with you.
welcome to the family. that 50k will be 50 million one day
well...he did follow through. buckle up buckaroos
dude, it will dip here soon. do not fret though. it will bounce back.
don’t worry about the negative nellies . fortune favours the brave. most critics here will never have 50 k to throw at anything in life. your are clearly successful with the balls to take a punt good luck i. hope it becomes 500k
damn lost a ton the moment he purchased lol
i suggest another 10 if you're smart
hang in there for the ride. pullbacks are healthy as long as we keep creating new support levels. shib army, let us go!
you are goated! just dropped another . happy that i can buy it on coinbase. no more ku coin headaches. lol
i yolo’d in last night and got rekt 😂
let us honor our comrade u.
and then it crash
ouch i need a hug lmao
lets gooo gang shit
ok now do it again
now a small correction and overnight a big pump to 0.000?
nope, you did great. you never know when to pull, but a wins a win. nice job
buy high sell low. you're doing it right. oh wait? the truth is, i am showing a 5 figure loss right now. i have a decent amount of shib and i'm going nowhere. this is far from over and this is just a setback for all of us.
i have just baught 4k worth of shib... play big or go home.
legend - welcome to the shib army
i'm holding till 0.1
big oof what 1 hour before it crashed almost 35%
damn that’s a big loss edit: no hate, i own shiba too, that’s just a wild amount of money to throw at a meme that’s more volatile than me and my first middle school girlfriends relationship. wish you luck tho
2000 people then said let me take out my 6k..."i am rich" ...smh
insert south park meme “and it’s gone”
step 1: buy step 2: hodl through the ups, downs, and all arounds until you hit your profit point. step 3: be rich as a mfer
you are going to be so set it’s insane
tha shib prince has arrived. all hail mooningstocks
man look at the price now lmfao i know he is punching the air
jesus christ dude... wish i had that kind of money
sorry man. you knew the risk.
spread your cheeks and lift your sack
bet you're feeling that ~. 00001200 loss today.
he’ll turn 50k into 1 million in few months . ✅👍🏻🚨
bold move cotton, let us see if it pays off🙄🤣
it just went up 21%...
if you stuck to your guns and held you get to laugh last, friend!
done came back on a 5k profit currently. hang in there soldier.
congrats you should be pushing .
when you will be hacked dont cry. never show your bags
now currently valued at ,529.896 (give or take a few dollars)
meet kevin threw 69k at it people selling now gonna regret it soon.
shoot help a brother out 😅
you re the culprit why crypto.com crashed loooool…... well bought sir, this is the way, but wait you bought from cb nevermind lmao
were you the one that just sold it all off too?
why not just dca the ,000? it’s been up for 3 days straight it’s eventually going to consolidate
what was your fee?
btc is forming a bullish cup-n-handle pattern on the daily chart. so if btc keeps on pumping then shib will do the same. it might form its own cup-n-handle pattern later. it might make a small pull back and then shoot up again later (maybe coincide with the release of shiboshi?)
youllbe a millionare whe this reachen 1 cent
always always always a bad move to fomo in at the top like that, you're down quite a bit already this morning
the community thanks you for joining the club!
if only you did that a year ago
bet you felt a little sick when i dropped a few hours later. no worries. it will recover.
damn man, you da real mvp!
set your sell target and hodl strong op
one of us 🦍
so far you are down ,000. well done soldier
buy the dip not at ath guys. in any case, good job and welcome!!!🙏🙏🙏
please tell me you sold
it was a good run
and now ? :)
should have done that when it was red and everyone thought all hope was gone. that is when you buy. blood in the streets and all… you would be sitting on about .
well i hope you make millions.
i accidentally burnt 17,000,000 shib. thanks for buying in and believing
lol. sure did tank today didn’t it.
even if goes to 0.01 cent i will be happy and at 0.10 cents i will be more happier.
it just tanked did you start it or did you panic sell or are you hodling still. if you are hodling my respects!!
i bought in at a high price too, , it makes another attempt... waiting to see if i should buy more.
dude just lost so much cash...
this guy is probably bleeding from his eyes right now. i hope it goes up soon
how do you feel being down 40% ?? hurts right?
buy a btc instead….for the love of god. 50k into shib?
imagine what it’ll look like by losing a digit
what price did he buy at?
what the status ya dork? (dork is a whales penis in the dictionary, btw)
you did the right thing!!! let’s f&&ing goooo
you said 50k i matched you 50
still holding or added more 😎👌
hahahaha you fucking beautiful genius
guy is ricky now
guy is rich now
probably having a great day today
this aged well 👀
i'd love to see an update with the high it is hit now
update on your position?
this didnt age well within 2 hrs. -25%
that's why the price went down lol...
must be nice 🥰
!remindme 3 days when this guy has lost 50% of his money i'm loving all these other subs giving me my
nice buy at the top lol
like this post if you are one of the 500 paper hand out of the 553 posts 😅😅 downvotes count as paper hands 🙌
the ceo of buy high sell low
ouch, not brilliant timing
don't buy when it just skyrocketed...
that was very smart... going in with 50k on the top of the graph😂
wait 50k got him 1.3 billion?? what a fucking rip off. if you had invested 1 month ago you would have 5 billion
oh noooo mate😭😭😭 so what are you going to do now??? it will take shib until the next bull cycle to return to that level, its 5 years mate!!!
,000 to spend on any crypto and this is the shit you put it on? the timing is perfect lmao.
great! don’t listen to the “should have” peeps important thing is that you’re in at a great price!
damn. post now. hope to see broke even. do not gamble.
we need more!! let’s take out another zero! 💎 🙌
this did not age well
you stupid fuck, do you not see how this looks exactly like the may pump and dump?
you fucked up dude. such a mistake.
big whale just sold. we are going back to the mud and add a zero again. sell people sell now !
good luck !!!! shib pump just died and it is going back to .000007. big losses coming your way
he bought? dump it? lol
pump and dump :d
bought the top lol
that was the way
this is the way ☝️🚀🚀🚀🚀 inu let’s fackin gooooo 🚀🚀🚀
hold your yolo mate
take my free award, a man of his word!
nioce, not much but i chunked another 1k in this morning, sitting at 73m now.
let's gooooo bro, i will try to buy 1000 euro in coins, next month
thank you! dont listen to those saying bad things about this! this is the way, i dont have that much money as you do but i have added every time i can some more, my average is getting higher but still together we will delete some zeros! welcome to the shiba army!
you got that before you asked it seems at 21
u should forget it for now. if you want your capital back. set the sell limit at safe point. else, just let it do its job.
who drops ? 🤦🏻‍♂️
a true man of your word. f awesome bag you got there.
holy smokes batman. lead us to victory our fearless leader!!!! to the moon!!!! 🚀🚀🚀🚀🚀🚀
good shit, paving the wave
you bought in a dip too, you beautiful bastard. now hodl you crazy son of a bitch
atta boy you legend! 🔥💯🤯
you're the real mvp💪🏾💪🏾💪🏾
is this shopped? sure looks like it.
damn. it’s now worth ,000. but you are only gambling what you can afford to lose, right? ….right???
look everybody, a 0.000034 hodler. ' kidding, but in all seriousness, you should have done this like, monday. would've been up so far by now!
atta boy, to the moon we go!!!!
you said you were going to buy ,000 worth of coins.
yo bro next zero we eat 2 zeros you’ll have
don't do that. just pay off my student loans.
you are the man
balls of shiba, good shit man you'll only lose money if you sell now hahaha
i hope you are hodling!
good on you! but please. this is not dd. maybe change your flair.
how is it going now pal?
i got a feeling tomorrow you’ll be up like 10 large
by god’s grace, cryptos will already be mainstream next year. so a lot of cryptos will definitely skyrocket. i pray shiba will continue to rise😊🙏
stake some on shibaswap.com
shiba is in dip again
why it’s going down now? i guess people are started selling maybe?
he is now sitting at ,000 .00002605 a coin.
it's going to be 100k in day's!
i got another 6 mil just now ^^
youre a goddamn inspiration
we have almost the same amount! 👍🏻💯🤜
hows it feel to buy at the top and lose 15k in a day?
this didnt age well...
its going down 😑
aged like fine milk.
look like you yolo'ed badly. it's now at 2340. dang son. 1
i keep coming back to this post because the price has dropped a little. i’m a be happy if i can pick up a million for
were you the one that just caused the big drop? xd
bro you're so sad now lmao
you should’ve waited for a dip.
put another 50k to bring your entry point down
already lost 4 grand 🥲
i think the real catalyst is robinhood. it is the easiest and cheapest way to purchase crypto. and i have every crypto app and have used almost every wallet that exists to buy alt coins
just keep holding! you got this g!!!
holy shit mother of god joseph of mary what the fuck did you do
ooof. is this the new wsb for crypto?
robinhood not even trading yet. that will boost volume big time
damn now you’re at 27g’s my man
damn. come get this hug :(
fuck… i hate to see where you’re at now bro
enjoy the losses bro!
can you please post an updated status
are you alright dude?
how’s your portfolio rn?!?
and now its going down... :(
he lost 10k now
update: he’s lost 10k
useless doge went up to damn near a dollar. shib can drop a few zeros. weak ass paperhands. sell your .
good job op. don’t sell. maybe take gainz and reinvest in bone or leash.
this could payout big. wish i had the balls
why would you buy at the absolute peak?
😬 no worries, man! it’s trying to bounce back.
reading this guys post history he is amazingly consistent at making bad moves.
this is either fake or this guy is about to lose a lot of money when this thing corrects.
the other 5k on gas ⛽
how does one buy shib in canada?
good on your for keeping your word. rare now and days.
you sir are a trooper
i hope you're a millionaire and 50k is nothing to you
shiba will fall to 1773, then go up again
fuck you did it🤩
rip to your 50k lol you fomo'd in
wrong time to buy. never buy when it is skyrocketing like it did lmao. i made the mistake last time it shot up. only to come out with 20% of my investment. coulda sold back yesterday and had a wash but i'll hold because the money is already spent and do not need it
aaaaaaaannnnddds it is gone.
it was the last we saw of the crazy fuckeroo
it will fall to probably sub .00002 then rally again especially with talk of rh
oh dear oh dear. don’t harm yourself.
yea that was a stupid move.
stake all of it and reap the rewards 💰💰💰
guys i popped my cherry buying shiba. first crypto ever bought, yesterday morning at 8:30. took so long to figure out how to fund my fiat wallet. im holding. and will continue to hold and contribute. let’s see that penny!!!!
yikes. just for the memes.
you can only buy 35k a day on coinbase in the us… js
he bought. dooooomp it.
can we get another screenshot you sexy, big balled motherfucker?
congrats. seeing a lot of volume and fat stacks in the . makes my 33m feel small, but at least i’m in 😎
cops on south park: niccccccce!
damn i paid 7k for 1billion
there some resistance, it might brake upwards again. i hope, coz i bought in more lol
we and my 502 million will crash and burn together. [imgur](
that’s fucking awesome. i hope you do well
let it ride 💎🤙🏼🚀
voyager has it listed. very friendly exchange site.
give this man a shiba!
that’s only 45k i’m not satisfied 😂😂😂
how yah holding up?
i hope you sold lol
not to worry bro; you did not loose your 50k; all the money eventually will reach to vitalik buterin charities and you are indirectly helping thousands of poor people. [
danm bro your millionaire already.
u need diamond ballz now...ull be fine soon!!shib will shine
man of the word he speaks i see
hang in there brother fomo will bring you huge gains in the weeks to come. it always takes a couple weeks after the first pump. it’ll go nuts soon in my retarded opinion. but i’m usually wrong lol
if you got 50 racks to blow on shiba, 50 prolly ain’t shit to this guy, i like it
i'm so sorry for your loss good sir. should have put that 50k into the next rocket, , and maybe that 50k would be 1m in a few months from now rather than investing at the ath on a meme coin. my thoughts and prayers are with you.
dam a week ago that would've inky costed you 8k. fuck i knew i should of went balls deep lol
get ruined quick mentality.
aaand now its 30k
you're 5k off. buy more
are you still holding? your 50k should be around 40k ish now?
look where you are now though, lol. down 30%
i’m not going to repeat the same message as others have said but just a reminder, a psa if you will. we should all invest only what we can afford to lose. this is true of all investments, but particularly true of crypto, and memecoins especially. i’m proudly in the shibarmy, and continue to believe in it, don’t get me wrong, but to me, 50k is a pension pot, or an extension on my house, or a brand new car bought outright - it’s more than i would invest in this. fair play to op if he doesn’t need the money and can gamble it, it’s just a huge amount and most of us can’t afford that. i guess i’m speaking to anyone looking at op’s post and thinking of stretching themselves to try to reach those levels. only invest what you can afford to lose. this thing is so risky, so volatile, don’t get carried away. you have to be ok with losing what you’ve put in.
he bought it now hold
you arw so fucked now lol
that graph — it hit 3700 at one point?
so cool!! i can only afford 25 million. my money is way up since i got in early. could of really use the money but i held all the way through and will continue to do so!!
oh shit buying high on a shitcoin didnt work out so well
rip what’s it at now?
how’s it looking op?
whats the update on the bag?
please updated us! let’s see this 💎✋s i didn’t sell did you?
how is it going???
if this dude held. he would be at 83k rn
bro what are you at now?
did you sell yoday or are you hodlin?
holy shit! i hope you are still holding!
congrats! up more than 2x now 👊
*loses 5k instantly* 😂
bet you’re smiling now
did you hold? i think it is worth over .
what exchange is that just curious ?
hi did you hold?
how's it looking champ
oh my god, can i suck your dick?
what is your position now? if you do not mind me asking.
hahah bit too late
get rekt down 30% in a few hours
people still falling for these pump and dump scams still?!
man go for cake monster ... can buy on pancakeswap . it's the real deal ...check it out
lol. already lost money lol 🤣🤣🤣🤡🤡🤡
shib has plenty of room to run. just lock it up and forget then you will retire when checking next timr
youre a fuckin beast !!! bro . now stake it !!!
you and us know it makes sense tomrorow boom
should’ve waited for the inevitable dip
i bought 80 million tokens for
whats your average price lol
why yolo into a coin that’s pumping. it’s going to pull back like crazy. every coin does when it pumps. just makes no sense to me.
lmao i hope this is photoshopped, for your sake
it’s fat penis time!
yah bless you sir.
1.3 bil at the beginning of february would’ve been (.00000003)
gotta wait for that entry point.
when i got it a few weeks back it around 6k. insane
sounds like this dude got into at wrong time . lol
bought 4 billion averages in at 36k. bought my parents a billy for 1000 buying 5k worth more tomorrow. i can see this being a global form of payment. bullish as fuuuuuuck
i bought 170mil for 1100 and change a few months back
lol right. oh this bag will be heavy. hes already dowm 15k. and by the weekend he will be down 40k. this is what fomo gets you
fr i bought ~50 something billion in january for like
a few months ago that was 1k
could have should have would have
the guy lost 20k in one day
he is going back to 10k.
i spit out my coffee
why wouldn’t you support someone in the community for shiba instead of making fun of them because you can’t handle the volatility and prob panic sold out already? ha... there’s a paper hand army that you can join instead!
well if he kept it he’s up a lot now….
or right now. the dump is in progress
think i got in at a pretty good time if you ask me lmao. almost tripled my money hahaha
buy high sell low i alway say
that's why this thread is getting trashed by most veteran posters. this is not what the crypto community wants people to do. you should always wait for a dip. no crypto pumps forever. chances are, if your luck is bad like mines, it is going to dump right after you buy, lol.
this made me laugh out loud like bernie mac
literally right at the top too lol. r i p
he just got a place in the ape in on a pumped memecoin legends top 10 chart.
he's a stock guy from wallstreetbets. this is what they do. except that in the stock world, something like amc can pump for months. in crypto land, those months are days and hours. he was operating on the wrong time scale lol. in wall street, waiting for a dip could mean waiting for an eternity. volatility is the harsh first lesson for all crypto virgins.
i guess it dropped before the screenshot. 😆
dude i laughed like bernie mac when i saw that
17k short there now lol
lol, it is dipping at rocket speed now.
it only has to hit .04 for that to be reality.
more like 25k now...and dipping fast.
the amount of negativity here is insane. i don’t get it.
do you think this dip is a good time to buy right now? or is it going to tank
respect the hell out of you man. takes cajones to gamble that much and even bigger to $
dude are you ok ... i hope this was photoshopped... when you put 50k in a meme coin that went up 400% you better be ready to lose 45k
that is what happens when you buy at peak
ouch is right. sorry, but the day rsi had been oversold for 3 days.
i hope you held
poop squad strong in numbers!
always show, it is good for morale
this is what they say so they can keep saying “i bought x of this” and never have to prove it. makes pumping shit on reddit much easier when it’s taboo to ask for proof
why would i be hacked
what a stupid thing to say. it's easy to spot someone trying to scam.
he wouldnt have bought in so late if he didnt karma whore lmao anyone who types some shit like: "fifty likes and i invest" deserves to lose all their money ngl
nah, we're good, we'll just walk away with profit and wait til the next pump. good bye.
look at the charts my man, last week when btc took another dip. shib slowly gained some traction. if btc goes, shib may or may not. but shib is def. not following btc.
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nice to see our hopes fulfilled is not it
bet it did not hurt too bad, unless he is into that sorta thing cause he could afford it
yeah what a dumba$$?
if you would have bought bit coin years ago it would have been . so what. 1000’s of percent to go up if .01 is a real thing.
i will be messaging you in 1 year on [**2022-10-07 14:19:20 utc**]( to remind you of [**this link**]( [**1 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
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if someone is gambling that then they are already sorted for life i imagine lol
not me, i will be the bag holder
a lot more than that as of now
35k and falling more like
it's mad to me that someone making a post on this subreddit is the type of person to just have 50k lying around in completely expendable savings.
op asleep for 20 days
what if i keep checking every day
lmao why would he sell below 2400 that is just stupid
lol shares...best to learn about crypto before investing in crypto.
these meme coins are a lot of people first introduction to crypto. they see all the hype and shilling and fomo in, get burnt, and then never return to crypto
lol this comment didn’t age well
he has to be new to crypto. every crypto virgin makes that mistake. you cannot be a veteran and put 50k at near all time high because of reddit karma.
got 130mil for 200bucks back in april.
similar scale for me - used a spare (aud) to buy 12million
same. something like . i'm still holding
no worries, just hodl for the next few years. let that burn transactions and nfts burns go to work it will come back. most cryptos are wild rides...
and how much is he up now? hahahah jokes on you
this aged horribly. “derrrr this is what fomo gets you” 🤣
>this is what fomo gets you can we call this fomentum? i thought i might have made up a new one there, but apparently it is a real word; nothing to do with this though. still, i think maybe we can add a definition at this point. maybe it just needs to be fomomentum. (you heard it here first folks.)
i sold mine last night just the dip started. made a very handy profit.
well this comment didn’t age well lmaoo
you lucky dog. that was more than 1 million dollars yesterday, did you sell?
i can’t believe i didn’t know i’d put
in this case, he has lost like ... so maybe never.
paper hands? the only paper hands are the paper bag holders, whales buying, elon tweeting this looked exactly like the may pump and dump, i sold all mine yesterday for a tidy profit, and when it tanks again which it will, i'm gonna sop up shib with diamond handers money for cheap.
thanks for believing in me lol. we made it !
cries in the corner
how do people simply have the money, i have 2 grand to my name
he’s down though in the balance and it’s at .00003 in the picture. if he bought at .00001 he would be above ’s .00003
obviously you do not understand math since you're invested in shib but you can simply divide 50k by the supply and get the entry price
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way is the this!!
given that he bought at .000038 according to 50k, yeah he bought the literal top (so far?)
you're looking short term. people are incapable of foresight
its not being negative. more like noone is dumb enough to buy 50k worth at a high because of reddit posts. that's not the type of investment strategy we want to promote, lol.
it don’t matter what it does. i’m holding long term. if you trying to quick flip, i wouldn’t buy it.
strange answer with your name 😂
he’s been trading for 37 days. i think he knows what he’s talking about 😳
for steal you of course
don't listen to him, just an idiot.
this isn’t even the same as when doge hit 70 cents .
dude you barely had “big” amount in shib fuck off fudster
oh damn, my comment aged well haha
fuck those p.ussys whoever sells. they are the real p.ussy, hope they will never be able to buy it again
bold move to buy when it’s going up. experience has taught me to only buy when it’s a down trend.
i haven’t used them in some time i thought it was coin base the dark mode threw me off i never changed mind to dark it was on light mode last i used it. lol
ah look at him now, nearly doubling his 50k
this shit makes me sick. . at least if you lite it on fire it would be more entertaining. you do not diamond hand crypto - that is for stocks with high si that you think are going to squeeze or long term investments on stocks that you think have a promising future: amazon, apple, microsoft, amd, etc etc. swing trade is the way. wait for the macd to cross, you can keep flipping the same investment over and over and over with little to no risk; at least once an hour. 80% success rate and you just use the other capital to cover the 20% failures.
hahha nope. congrats and fuck you. i hope you sold some last nite as it surpassed .00009.
please tell me you took 100k and kept the rest in shiba
sold wayyy back in april as things were beginning to pop off unfortunately. still made some great cash on a stupid gamble.
in 2 days he will be so far up.
all for the memes. this shit is kind of sad
only loose when you sell, give it a few days he’ll double 🆙
he has not actually lost anything
hell yes!!! cheers 🥂
lol nice... also you should never tell anyone the amount your holding fyi a lot of scammers around
0.00003818289 ' he literally bought the top lmfao.
r thanks for the basic math lesson teach
cause crayon eaters gonna crayon
>this is the way leaderboard > >2. u. can't get more meme than that
not today, i'm busy.
maybe, but op's really feeling it now
no i look long term, thats why i invest in real coins, not shiba, doge, safemoon etc.
we? there is no “we” as far as i’m concerned. do what you want with your money and don’t worry about what others do with theirs.
it does not matter, i'm walking away with a nice chunk. you fuckers can stand by as shib takes a nose dive! see y'all in the next pump.
kicking myself haha. ah well i needed the cash. i’ll buy some more in the dip
i see. i sold 3 billion in july because it did not do anything for months (i was in it for 3 months at that point), no tweets no pumps nothing. so i 'lost' about 80k in extra profits. but reading what you said in a selfish way made me feel better. just goes to show that you cannot really time the market at all and never know what the hell is going to happen next.
no, he will be down about 40k. !remindme 2 days!
or give it 6 months to peak for a day or two off a elon musk tweet
lose has one o
lol what does that even matter? just because they know how much i have do not mean shit...i bet you hide your license plate if you take a pic of your car?
damn! that shit is tanking by the second. feel bad for op, i remember when i was that guy. i'll just walk away with my profit now, wait til this shit tanks, buy again at the bottom, wait til the shit pumps again, rinse, repeat. this is the way.
there's a 5 trillion whale who just lost £100 million usd in value with the last 3 hours but have not sold and probably does not give a damn. you only feel it if you're not objective with investment. if op is indeed objective, he probably would not give a damn.
lol what a stupid thing to say
by we i mean 99.999% of the crypto community, lol. when you first start investing, you fomo in at all time high and lose 90% of your investment. that happens to everyone. then you learn your lesson and finally listen to the veterans who tell you to never fomo in at all time high. this guy fomoed in 50k for reddit karma. people are simply pointing out he could have just waited for a dip. that's not being negative. that's giving sound financial advice. and if he did not want people to comment then he wouldn't have posted it on a public message board begging for likes, lol. and looking at his profile, he is a stock guy. stock guys are not used to the volatility of cryopo. one year in the stock market is like 1 day in crypto. the stock market sleeps. crypto doesnt. you can buy at a pump, go to sleep, and wake up to a dump. add in 50k and it is just stupid to buy near all time high when there was consolidation coming and a better entry point. what he did was not investing. it was attention whoring. and it costed him 15k.
we will go down, it is inevitable. just hodl my brother.
today hes up almost 3x
it's been 1 day. i got 1 million shib bet he will be up.
give it 5 years and we’re somewhere…... i told my ex put 2k here 3 weeks ago and now she’s fkng excited about it…. never thought it will fly that fast now she thinks i’m some kind of guru 🤣🤣
so many people mess that up. loose vs lose. bugs the shit out of me
the tax man will love that. i swear people do not understand capital gains at all in this sub.
uncle sam would like to thank you for that sweet tax money
will be fun to see how this comment ages.
it should be a requirement to tell what volumes you are trading. and if you road doge... lol
you're the sort of person who comes back at the spike and panic sells when it is low...
there’s no loss when it always goes up 🚀
he gave enough of a damn to post it.
they will the hard way. buying and selling short term, at least in the us is going to nail you with at huge bill. best to buy a coin you believe in and hodl and stake (although staking is taxed as income tax unfortunately).
what if we hold long enough that shib becomes the new global currency? or something... idk. i'm only here because i missed out on doge.
exactly, i keep staking so i don’t sell. have to hold it for at least a year. that was the plan anyways, 2-5years.
it's tanking because 400% in 3 days is unsustainable. it could be back up in days or weeks.
always take the taxes out and put them aside when you trade short term. if you dont most likely youll lose them trading or spemd it on soemthing else.
can we convert coins and not get penalized? i only have about
in most countries (including the us), crypto to crypto transactions are considered taxable events. you will need to report your capital gain if you transfer shib to usdt.
how much are you staking currently?
no converting a coin is the same as selling in the eyes of the irs
in australia, any transaction is classified as a taxable event, regardless of what currency it is going to.
every other post is someone trying to figure out why it went up 3% and then dropped 3%.
happens during every cycle. new people come in and get excited about the pumps and then freak out when the drops happen. the marker eventually shake them out and the rest of us who've always been here just get richer.
common post you'll see on this sub. - "what are you going to buy when shib hits x price?" - "hey guys lets ask the big shib holders to burn their shib so we can pump the price." - "who here is still holding shib in 2022?" - "posts screenshot of buying shib." - "buy the dip guys!" 🤦🏻‍♂️
too many people want to get money quick. if yall stop worrying about prices. everything you know about crypto will change in the next 10 years and yall will look back and say “why did i even worry”… like i said too much emotion. buy it and dont worry about it.
the honest a lot of them are dumb as hell lol i like to laugh at them
keep the sub for your daily laughs. that’s what i do. majority of people in the army are investopedia and ta bros.
fr, i left doge bc this. so many “how much is this coin goin to be worth in 2037” posts and also the “we dropped .001 cent in the last week should i sell” the shit just takes over my feed lmao. started making me think “just shutup and sell then” bc them the people that panic sell anyway, might as well weed them out.
i agree, it is not so much a community as it is a swamp. i still hold my shib too, but if i had to move all my crypto to one coin it wouldn't be this one.
that was inspiring. i am leaving too.
i read your post, and i just gotta ask, what happens if it hits a dollar??? how much money will i have???
pull my finger before you go.
you said everything i've wanted to post lately. this sub drives me insane. i rarely come through anymore and i'm a happier person for it. hoping my shib does well, and keeping tabs from a thistance... but this community is too much. and... i think shytoshi is an arrogant prick. he should unmask himself and stop treating shib like its a lifestyle brand. its a cryptocurrency. get overyourself. okay... rant over. gotta run!!
crypto subs are generally all pretty uneducated seeming and moonboy filled these days, and this is one of the loudest and most prominent examples. i’ll continue to hold onto my stack and staying in this sun for the hearty chuckles and eye rolls. the people who post in this sub are something else
yea you should see the doge sub . they have 2 million dumbasses over there
i come to this sub for the lols 1% quality posts, 99% hilarity
in 1985, mickey rourke starred in year of the dragon. in one scene after hearing a crime boss tell the story of how he was once stabbed, he says "you're too impressed with yourself. fuck you." this post immediately made me think of that.
i saw the header and didnt read the post, go on, get, go!
at some point, every single one of my cryptos have hit negative 50% yes i’m an idiot but you have to be mentally ready and strong to survive this harsh market but also extremely rewarding. there’s nothing better than waking up to seeing green
going to .0014 given enough time.
but when will hit a penny?
call people uneducated, then complain that they ask questions while trying to become educated. lol, ok boomer.
for real man. i started following thinking it would keep me up with shib news. i was mostly wrong. i guess if you sift through all the retards you might find some news in there, if you’re lucky. i honestly believe that the coin being so cheap attracts a lot of cheap bastards and kids looking to become millionaires off a . they think cause they have a million of a coin that it “only needs to get to a dollar” to be rich, but like they expect that to happen overnight. hate to break it to you shibheads, with that type of circulation, you’re not gonna see that price for a long time. they need to stop worrying about the daily action and focus on the larger, long term innovation that *could* potentially lead to gains. but crying everyday about small dips and getting a shiboner everytime it creeps over it’s support line just makes everyone on here look stupid and desperate. honestly, if the content on here doesn’t start getting moderated better, ima dip too. doesn’t mean i need to sell it all, but i’m also not gonna stick around this sub full of useless information. ✌️
u basically just described every crypto and stock sub on reddit.
leaving in silence would have been the most resource friendly option, since we’re talking economics….
not announce your departure. this is not an airport
what do you expect from a sub about a meme coin? it’s all emotions here. no one is buying for the future. they want to buy on a monday and become a millionaire on that wednesday. what people here don’t understand is that shib is constantly making higher lows which is a great sign.
...im dumb as fuck - good buy
so this is his going away party, right?
i believe most of the people bought shib just because the hype without making any kind of research before. too many people hold shib only because potential profit or millionaire dream, they are not supporting the project they are just sort of crypto tourist with benefit. but i have to agree for crypto newbie it could be normal to check at least 10 time a day the crypto price to see the tide goin up and down.
[ please do not go, kc and the sunshine band.
no one is active because it is full of clowns, but to be fair it is a meme coin and has no real value if retail bails. that's the harsh reality.
[ shiba is like a finger pointing to the moon. don't concentrate on the shiba or you will miss the moon. be like water my friend.
way too many lfg posts of people wanting it to hit .
that is the best advice you can give to people who cannot come to terms with the ups and downs of crypto. unironically many people would benefit if they take your advice to delete their apps instead of fear selling or fomo buying.
ok leave asshole. we dont fucking need you here. bye.
can you say yall just one more time because i do not think you overused it nearly enough
this sub is legit my most toxic sub i follow. i just look though the windows man first time commenting yet i’ve been holding just shy of 100 mill shib. doing crypto for fun and not throwing in on every dip lol not looking to be a millionaire over night. it’s gonna take years if at all. best of luck man and hope the best in your crypto investments!
you might be surprised at the age of the average poster in this forum and why you are seeing these "dumb questions" posts.
we are going to miss you... have phun!
this aint even a shitpost
have you considered using this sub for cathartic dunking on people? where else would you get the opportunity to talk over the heads of so many people at once? it's fun because they are so damn confident in their stupidity.
lmao rant over yet?
welp! bye for now🤣😔🤦🏼‍♂️
they’re just new man, chill out and take a little break. i’ll bet neither of us were perfect when we first started either
mods are a bunch of fucking retards. they allow these 12 year olds to post literally anything. "i just bought 1 million shib!!! let's fucking moooon!" you rarely see any posts about the actual development of shib.
i agree there’s a lot of stupid ass questions . but i also don’t want a bunch of fuckin nerds who think they know everything about crypto and put other people down. we don’t need that shit here either. some people can be sensitive. we don’t need a bunch of cherries that’s the cardano community. i’m out!! shibaarmy
who asked for your resignation letter tho?
i agree. but i’m not leaving. i find it entertaining
i'd hate to see this guy's break-up texts to ex's
all i see here is a bunch of people having fun, posting a few memes and taking everything with humor and not entirely seriously
when will we receive our lamborghinis
sir you aren’t going anywhere, the sub leaves you… you never leave the sub. if you want out, theirs only one way out. mr.reeves will see to you now
you can mute them... or block them.
how will your departure effect my portfolio i wonder?
i agree with you completely.
to many people bitching about what happens on the internet... to many people announcing their departure... to many people with no sense of humor ... i mean it is a meme coin named after a fucking dog... try not to be so serious... by felicia
nobody really gives a fuck. a lot of us get a good laugh, new people unfamiliar with crypto here and little kids with . it's funny.
so if you see a post you do not like, ignore it. what are you a far left democrat trying to stop freedom of speech?
oh no! please do not leave! sounds like someone needs to stop checking reddit as much as others need to stop checking crypto prices. e
not everyone here is stupid. sure, you have the whiners and complainers, but you'll have that in pretty much any forum. if what some people say bothers you, but just ignore it. if it really bothers you, then give it a thumbs down. you know as well as i do, as well as many others here do, that this forum is more helpful than not. it enables you to learn news in advance, as well as many other details about shib, upcoming projects, crypto trends, and more. personally i think you would be foolish to leave the group.
you are not leaving this sub. also, what is there “to be active” about?
if you don’t like the post in the sub, just go finger flick or scroll by with mouse to pass it by.
i do not want to offend anybody but here we go... subs like this are always going to be full of dumbasses. 90% of the people here have absolutely no idea how crypto works and only bought shib because they think getting as many coins as possible for a tiny outlay is beneficial. they buy 21 million shib "because btc was cheap once" but they do not understand that there will only ever be 21 million btc, ever if you do not believe me then just look at the posts in this sub. everybody shouting about "just bought another 10 million" or "officially part of the 250 million gang" when if you go to any other crypto sub you would not see comments like "just bought another 0.2 eth" or "finally part of the 10 litecoin gang" because nobody cares. but people think because they are buying millions of something that one day they are going to retire on a beach. this is not the case tl;dr: memecoins attract dumb people, dumb people post dumb shit
it's not an airport. you do not need to announce your departure.
guess someone is new to the internet
stay in touch brah!!!
i agree with you. most subs dealing with crypto are like this in my opinion. i think it is has to do with too many people trying to get rich off their last . their constant fear of losing what they cannot afford to invest in the first place. i just skip over the whinners and look for postings of new developments etc.
you mean those penny post by people who have 50.00 thinking it will buy a lambo?
lol it is not just shib afflicted by such things, just check the live comments section on any trending coin on cmc.
people need to stop using the technical analysis and due diligence tags for dumb shit posts. i cringe hard when i click on one and it is a to the moon trust me bro.
most of the posts are "what are you going to do when it reach .00?" doge sub has the same problem too.
literally full of dumbasses here
it just went up .6%. going lambo shopping
this sub does suck and so do the moderators
its the annoying ass kids smh
i totally understand your frustration but need to also ignore. it is thru that lots of people do not know much about crypto and this is another reason of this sub it is to help those. it is really sad that you will leave this sub but thanks for been a supporter and wish you the best...
"hey guys, i just put my life savings into shib and it went down. what do i do? deeerpitty dooo"
some things are better left unsaid but i understand the frustration. but let us not forget. there are not many " experts" in crypto because it just has not been around long enough. subs are for everything from information gathering to venting. people need support so understand the venting part. sorry to hear your leaving. everyone in this group is important and vital to shibs existence
i think this can be said about most subs on reddit. everyone jumps the shark eventually,’if not multiple times.
problem with this post is that everyone’s else’s emotions on what they buy do not pertain to you. the questions they ask do not pertain to you. just like everything else on the interwebs just move along i’m not trying to be a dick but it would make life so much easier don’t let someone else’s ignorance and annoyance affect you life in anyway especially if it does not pertain to you
i bought 16mil for about . it went to 1500 and also dropped to 400, couldn’t give a shit. invest money and consider it lost.
i’m just here for solidarity.
i’m not selling my shib either. but if you’re looking for a bad ass community come join jacy token. remove or delete if you’re tribal but we believe great projects work together and know most investors are in more than one project. welcome
understandable. everyone expects this to play out like doge and that’s just not the case
the shitty ass memes are what i really hate...😏🤣🍻
thats the sad thing, this coin has caught alot of the younger kids playing with there daddy's money thinking they will get rich in a week. i mean shit i'm 22 and the kids of my generation are foolish fuckers that dont have a clue. i'm just an old soul looking ass that knows how to play ball
admin, why price go left to right today??? is there some news? i have to eat ramen because i have the attention span of a gold fish now.
just ignore the posts you don’t like. bye, bye… why announce it. just go. we are fine without you.
when will it hit 1 dollar 🤣 please rate my question.
when it was pumping yesterday there was around 10 posts asking "why is it pumping?"
my favorite is the posts going “whats happening?????” 300 upvotes 20 comments
shiba price is attractive to new investor! that's why. a lot of new investors come here to ask questions. isn't that the point of the sub.
hold the door, mate. i’m leaving with you
just leave, you don’t gotta make a big announcement we don’t care. but keep hodling to 0.01🤣💪🏾
all i see in this sub is people asking what the price is gonna be or people stressing about losing money. i agree with op. tired of whiny paper hands. do research and find this info for yourselves. stop asking other people to tell you what to do with your money ffs.
you are such a crybaby. just fucking leave instead of wasting your time here.
oh he sellin sellin!!!🤣🤣🤣
this better not be a karma farming effort and you are still here after today. i agree with your sentiment but i’m not leaving. adios
awhh well that’s not the spirit, guy
it's not an airport. no need to announce your departure. we're all just dust in the wind anyway.
goodbye, and have an excellent
making a post about this instead of just leaving, puts you on the same level tbh.
get out then loser! 🚀🚀🚀
hey guy no one gaf if you leave
thanks for the dramatic storm off lil bitch! just go the fuck away and stop acting like anybody gives half a shit!
we will not miss you.
start a new sub where nobody can ask a question.
we should have you court marshalled from the shibarmy no one gives a fuck if your around or your annoyed. gtfoh and sell your fucking tokens and don’t comeback here again. fucking loser
i cannot take "yall" users seriously.
how can i downvote this person?
this isn’t a airport. no need to announce your departure! ✌🏽🖕🏽
the whole percentage thing was something i found out the first time i was in crypto. i had bought eth btc and link when they were super cheap but because of the percentage not moving as fast as i thought it would i ended up selling . link when i originally bought it went from ->
i think the biggest problem is people expect a dramatic change in a week. something like crypto is not going to change in just a week, or even a month. shit like this takes time, especially due to how early in the stages shib is.
totally agree, i have been so happy since moving my attention to twitter. this place is horrible. best wishes
😂somebody’s tired of y’all ass😂
, it’s all about buy hold and buy some more, that simple. shibastrong let’s fackin gooooo 💎🙏🏽🚀🚀🚀
ya’ll woke culture ass wagons etc
shib sub for life!!!!
you think this is bad, hop over to the saitama sub, 🤦‍♂️
babe, i love you so i want you to know that i'm gonna miss your love the minute you walk out that door so please do not go don't go don't go away please do not go don't go i'm begging you to stay if you leave, at least in my lifetime i've had one dream come true
i still think that the way is to buy high and sell low!
yeah man, it’s the same with the doge community! used to be funny memes, real thiscussions, tips, helpful people and the latest news. now it’s just “will shiba?” “will i be rich if i buy ?” like mate, fuck off! i always wanted the communities to grow for the sake of the project but it’s so simpy now that i barely come on here. soy boys everywhere
i subbed here because i figured it would be a good place to get news and updates and see the progress for shib but holy fuck are some of these threads cringey as hell asking a bunch of stupid ass questions that have been answered time and time again. i don’t blame you honestly.
agreed. good call bro.
baba und foi ned
if shib hits ath i sell regardless of gas prices and buy some rose. 😎✌️ it is a short term investment for me.
b-but i do not wanna lose my :(
i literally just posted something like this yesterday and 200 people start saying you don’t like it leave … that’s exactly what’s been happening
well yeah? this sub consist of 15 year olds screaming hodl.
it definitely doesnt give confidence to anyone that knows a thing or two about trading crypto reading all these post from emotional people. shib will never get to even half a penny if the holders are this unsecured
it's funny to see this when i got on reddit for the first time in almost a year. this was the most toxic shit ever. moved to ct and never looked back 😂
when do i sell 🤣
i’m following, can’t with this shit.
yep. shib retards are some of the biggest retards on reddit. the memes are cringe af on here
oh i'm just riding the waves man.
i can't stand these idiots either... they have way too much time on their hands.
very angry people who just want money, only look out for themselves, look down on others and do not understand the value of a shib community.
so what you are telling me with this post is… it will never get to a penny?
exactly, people defend shib for no reason other than they are over invested
i do not blame you but at the same time be considerate of the fact shib is probably an entry point for people to crypto. definitely understand the frustration though because i only use this sub for news updates.
yes!!!!! 👏🏽 all these kids need to grow the fuck up. your ’t gonna turn into a million in 2 hours.
all crypto subs are garbage because everyone on every sub thinks they have it figured out. i do good to know how to stake much less know what everyone else should do with their money.
you are in a chat room with people hoping to get out of work. i however am addicted to the idiot questions posted on here. i love it. lambo or pinto?? which would you have lmao
love the phonetical use of “yall”
most i see are people like this complaining about other posts. i don’t even see the others cause they don’t usually get upvotes.
crypto is a total speculation. you sound emotionally charged taking things out on others. put your money where you see it fit. others are doing likewise. dial back your positions if needed. don’t use money you need to pay bills, keep your family fed and clothed or where a loss to absolute zero will cause thistress. fuckit.
this isn’t just this sub, but any crypto or investing sub on reddit.
too many people hear are lead based paint as a child and it shows!
people do not know how to express or differentiate between desire and common sense (logic). it is exhausting and does not let you see the truth or the details of things. i have 116m of shib and i think it is a big deal, but not the deal, my retirement or my key to drink coffee with bill gates.
thank you man! if everyone here were true hodl’ers, you wouldn’t ask why the price went up today by 2% or why it went down 3%... these are rookie numbers, the real gains are held through year long holdings. then you get someone who posts everytime shib makes a huge move somewhere. we get it we saw it too we don’t know why either
it’s like dogecoin sub but on steroids
lol i love crypto communities but my goodness - there’s so much emotion. makes me start to see how people act when they first start to “invest”. i even stopped trying to get people close to me to get in - the stress of being asked “hey when will this go up, why is it going down” is not worth it.
blame the youtubers for their cheesy thumbnails and hyping things up so they can get more views.
when... do i acquire my lambo
when i got into shib i was planning on a multi year investment so i’m not worried about the price fluctuations too much
💯 that is why i do not even bother looking at reddit anymore
this is the reason i left every crypto and stock sub. i just happened to see this post in the popular section. the subs are filled with the most toxic people i have seen write apart for the lgbqt+ subs. literally the same question being asked multiple times every singe day. the same “hodl” post cross posted to hell. people throwing imaginary numbers they themselves do not understand. some people do know what they are talking about but, the majority are just ignorant or don’t search for answers through past posts before asking a question.
don't go 🥹... . actually if you do not mind, can you tell me what shib and cryptocurrency are?
traded my doge to shiba to … then once i have enough back to shiba...
ugh thank you, i’m so sick of seeing all the cringe wsb lingo and shall i drop .42 on shib .
all crypto subs are echo chambers
just do not read the post everyday and it would not seem like people ask the same dumb ass question. there is how many members so you will get the same question and so on.
i haven’t checked in this sub for a while because of the constant “when it hits ”. i believe in the crypto but y’all pushing it lol i invested far before any hype and will continue far past a dip. good luck y’all
here's a tip : if it goes up and down, check the price of btc, that is it.
i’m leabing this gronp
we actually had a dumbass post a star wars post in this sub. it’s gotten out of hand and i’m with you op
i’m with you brother, i miss when this sub was for real shibarmy now is just bunch of morons who are trying to day trade the coin and kill it that way.
humans are getting stupider by the day.
wen hellcat i confuz
check out shibadults instead. if i knew how to link it i would but not worth finding out right now. good luck to you.
100% why i tuned out
i’m just here for lolz.
to be fair, any crypto dropping to zero would ruin people invested in to.
its literally baby investors, i bet 95% of the people on this sub haven’t invested in anything longer than a year.
what he - or she - or they - or them said...
this is the equivalent of dipping your tipping toe in the safemoon sub. you ain’t seen nothing yet lol.
that was always allowed...
well you know how it goes 🤷🏻‍♂️
hold on, when will shib reach ?? 🤣
when we peaked at ath i cashed out my initial investment. after that, i said that whether we go to 0, or we go to .001 i'm sitting on it until that moment. i have no reason to cash out now. have 23,xxx mil and that is fine.
true. i wonder if doge holders did the same thing on here when it was fractions of a cent?
meme coins should be about the memes, and fun. this is why we bonk
i mean evreyones hating but momentum is good some people are beginers and dont know much about crypto
if shib hits 1.00 what will be the first thing you buy” get out of here…
this world is full of dumbasses, so what you can only do is just ignoring them.
it’s only the internet ! not bible study dude. expect pure ignorance here. like shib to a dollar. lol. what did you expect to get from a sub.
i just assume most here are kids with their daddy's money.
that's why i stopped looking on thiscord, a bunch of people are the same
whales are buying in when they want. it pumps and some kid just made . that is exciting and congrats!! the whales are using all our money to pump and then dump. you lose every time and are the last to know despite all the post. shib was created for the people. please quit filling the pockets of the ultra rich by following the hype.
blame the mods for allowing it.
basically we need more links more info let people read. let’s find it for them if we are gonna make it as a coin or a community we need positive influences. good luck!
i'm here just for the news.
burn baby burn! more links to keep people informed
people treat it like a lottery ticket.
i think i’m done here too. too many dopey people asking the same dopey questions.
agreed. been meaning to also. finally did. cheers
after the wsb shenanigans, reddit got popular, not in a good way lol. but still reddit > everything else imo
damn op took a risk and it paid off. probably the same way nearly everyone else feels. dyor, figure it out, stop talking about 0.01 and just be happy with what you got. diversify, buy up other projects. anyone in crypto is in at a good time rn. the get rich quick mentality is probably what ruins it for folks.
one thing that annoys me is the "moon" "lfg" and 🚀 posts without any info. sure, hype is cool but it sucks when it is not backed up with any info.
always love when the mature ones announce their departure...
thank you for calling em out
i don’t know what you are talking about but shib is going to ! it’s basic math and i think my high school education is enough to say i’m right
it's not called shibarmy international airport. you can just leave.
a shame. you sounded pretty reasonable.
hey i just yolo’d all my savings, will shib moon soon?
...neat. ...👍 ...thanks for letting us know. we will miss you.
how are babies made?
tbh, i think there are a fair number teenager’s on here, maybe even tweens.sorry kids, but you can’t fake maturity and patience that said, lighten up bro, bye
i mean, i do not know much about crypto either, but it really does feel like there is a lot of uneducated and immature people in this sub.
people are just bored and have no friends. it's a form of chating mostly i think. witch if it bugs you then you should not be on a chat page for chating 🤣
i don’t leave, i just don’t check that often. i haven’t been on stocktwits for months. same for some of the subreddits here.
why do people have to announce if there leaving or not just leave its not like a job or anything no need fir a two week notice 🤣🤣
the problem here is there are a majority of snowflakes here that are in their teens and early 20's thinking this is going to get them rich...just peasants in a pond
this is the reason i left safemoon. exactly the same mindsets and general toxicity
take your own advice an delete reddit.
for some of you, the first problem is... taking any of these crypto subs seriously. once you stop taking anything on reddit seriously, nothing will bother you. now stop being a pussy fart you big baby.
i like the advice to not check prices and get upset but starts a rant about him checking reddit and getting upset ?
shib has the dumbest communit out of any crypto. not saying everyone is dumb but the overwhelming majority is. most of the post are just hey guys comment if you have this many shib or what are you going to buy when shib reaches 1 dollar. (will never happen because you know math and stuff)
i would caution against deleting crypto apps. there’s always a chance you’ll forget a login or key phrase and find yourself locked out forever. better to just hide them in a folder somewhere.
you are so smart yet you bought shib, a meme coin lol. stop your posturing.
shitcoin investors don’t tent to be the smartest people in the world
dont waste your breath
calls people uneducated, but doesn’t understand the concept of a comma, a question mark, or anything even remotely close to proper grammar.
hail smart motherfucker. i bow for you...
i'm riding my 11m shib i was very new to crypto but i get how this sub is annoying. i got in with every intention of riding or dying lol
the amazon river runs for thousands of miles. at some points it runs through areas of the rain forest that are almost untouched and have been barely explored. because of the porous limestone in these areas, the river water leaks through the stone and travels deep into the earth, and forms underground pools almost a mile below the surface. over thousands of years, small blind transparent fish have lived and evolved in these pools. these fish have never seen the sun or surface and have never been seen by the human. these fish care more about this than i do.
this post had convinced me. asta la vista. babys
op's pointing out a real issue within the sub and everyone wants to be a dickbag to him about it... who cares if they are leaving, that is not the point and that is *not* what you should be upset about and take from this. there's no sentiment to "punch up" with posts here, there is hardly any effort to produce quality dd or any sort of management to thwart away cringy shitposts from overshadowing more legitimate posts. i do not know why anyone wouldn't want higher quality posts more often, and i sure as hell do not see any logic in giving someone shit for leaving this sub because of the lack of quality.
i'm just here for the popcorn 🍿
"why would you say something so controversial yet so brave?"
prepared for the collapse from emo traders, not pro traders
mods do something listen to this non binary ecosystem.
"i just got my first 100k shib, happy to join the army i believe in the project" "shib to 1🚀🚀🚀🚀🚀🚀🚀🚀" "not even selling when shib hits 0.01" this sub is more idiotic wsb. at least there you get some actual facts, some real dd.
the community stays strong. no haters. only educate
ah yes, the classic "im leaving this social media platform" post, truly an enduring classic of the internet. one wonders why you would post in a place youll never return, but really we know its as hollow a gesture as any, and that you will pathetically scum this thread for direct responses to your tired, clichéd attempt at validation. i say fuck you and fuck off, and as youll most definitely be reading this despite "leaving" i say fuck you once more and get a life also. happy trails loser.
just scroll past the dumb post man , don’t let it rile you up , these are kids with their ’re dealing with . men with + invested like us will reap the rewards in time
damn karen, take a xanax
call the police fucker.
who dat who dare.
not sure what makes you educated enough to talk of the uneducated. your grammar alone, absence of punctuation, commas and syntax alone tells me you missed a few english classes. sure, the sub sucks, so what?
hahaha... alot kids...with no experience is ok mate
you think i made a million on three other coins last year and shiba wasn’t one of them.
i've stopped coming here a long time ago but since this thread popped up in my daily reddit emails i thought i would just say hi. of course truth is the more people involved and buying shib regardless of how dumb they are the better it is for the community. and we could of course use this as an opportunity to educate but i get it.
this sub is like watching an episode of the trailer park boys, it keeps popping up in my homepage feed and i just chuckle 🤠
bought it ...took my profits and just letting the rest of it ride. can’t live my life for money i was willing to gamble with in the first place.
but i was assured my
bro you’ve hit the nail on the head
i'm coming with you... worst idea ever to join this sub... we cannot do anything that can change the flow of the market. tired of idiot posts saying "if we all buy 20" so annoying
how to get massive karma. call people morons. got it!
right! i am so tired of hearing diamond hands, paper hands, fud. to the 🚀, and, the best...letssss gooooo. so annoying, and i am with you. dumbass people freaking and bitching because it drops, then buying lambos when it goes up. stupid.
if you think they have emotion now, you should see them day trade crypto on 1 minute charts 😂🤣🤡
dude, you should see any of the subs for any of richard heart's projects. they're just... wow. like, people are just freaking all the way out over coins that have not even been released yet.
ride or die baby
>some of you are the worst uneducated people in crypto it’s because 99% of the people in this sub are 16 year olds who blindly believe their favorite youtubers who told them they’d be millionaires quickly.
what i hate most about this sub and many like it are the incredibly stupid and generic post like: when do you think we will moon? who’s still holding? how much are you holding? when are you gonna sell your bag? it’s incredibly annoying
watch on dexscreener and not cmc and you can physically see the transactions coming in, and it will explain why the price is fluctuating. 100 small buys and sells then suddenly a massive whale dump.
said the same thing. it’s pathetic. these people aren’t investors, they’re gamblers and addicts.
hey when these kids panic and sell off, it burns more shib and the real hodlers benefit. i agree the sub sucks now tho.
needed to be said
we were all thinking it, mostly. god speed.
honeslty i just spent a few mins typing a huge paragraph then i thought, nobody cares? lmao people do have way to much emotion invested in it.
the shiba army must be destroyed if crypto is to survive!!! also, kristian garza is ryoshi.
i'm buying the dip!
i left a bit ago it was so annoying
yeah the more i stay here i realized 99,9% have nothing to contribute, just like me. however i thought i would find a couple smart redditors that actually knew something about the coin. well, everyone is just gambling. the smartest thing to do is swing this, selling on the next spike to 35 or more.
i've moved to a diff sub about another inu in space. much smaller and nicer community
good for you. lost all hope with the unbelievable amount of idiots and garbage but it was renewed when i am now just being 100% sarcastic with equally as dumb answers as their questions.
this sub has made me stop buying lol. i’m just sell and buying more doge.
yo this guy is right and fucks
they just need to stake their coins on ftx and not look let it rock for a few years without checking it. they literally compound interest hourly so it’s insane the amount you gain
i understand this. but we can’t let the idiots who think their . hodl strong. keep supporting the communities 🖤🐕
i had the thread for updates on info but i’ve never seen anything serious on here. good call
people are greedy , simple question.
i do not blame ya. in fact most stub are like that. mining, cryptos, stocks, trading, wsb, etc etc etc. it sucks. same questions and same trolls every 5 seconds. nothing new to learn.
i honestly do not get why the people posting stupid questions do not just do a search on google? "what's happening?" & "when shib to .01, shib to ?" they'll wait until some other dumbass throws an unsupported reason and the rest of the thread is a bunch of clowns saying hodl and "this is the way". some recycled comments about girlfriend's boyfriend they learned from r. i liked the early community but it is cringe to watch retards do the same thing everyday.
wen one cent? lol
lmfao i said this in the comments a while back and got a bunch of emotional assholes be assholes to me. this subreddit is toxic.
i’ve been waiting for someone to say this. i might be following you. i’m here to find good information, articles with explanations, and actual good advice. i’m not here for 30 posts in the same day with the title “does anyone know why the price is spiking?” i’ve been here for over a year too, this sub wasn’t always like this. since the big boom back in october this sub has turned to shit.
how bout we all just mind our own and do what we want 🤷🏻‍♀️ how bout that 🤔
this sub is basically used for karma farming. might be the most cringey sub next to doge
dude out here announcing his departure like any of us give a fuck 😂
this made it to my r. you’re all idiots.
thank you - i have been saying it, this fuckin sub blows dick - literally the epidemy of same shit different day
i say good riddance. some of us are new to crypto and come to places like this to gain advice and knowledge from experiences crypto holders. maybe some of you need to be more welcoming and accommodating of new members to promote the community instead of acting like entitled tools and pushing people away….
lol makes a post complaining on why his leaving kind of contradicting himself on the whole useless topics people got to read now a days.
thanks for your stupid announcement one cares
you're complaining for things you'll see your whole life. some will have good content. some will create clickbait. some are just pretending to be clickbait just to show good content. some are just pretending to have good content just to hide clickbait. we need strong supporters as weird as they can be. if you cannot handle this level of weirdness just leave and do not tell the weirdos you're leaving. you're making it weirder. this is not a relationship, this is not a breakup, take this opportunity to live your own life without any drama. that's the best part of crypto community. if you cannot stand "who has more than 10mil shib" just leave.
this isn’t even a real crypto lol
✌ and stop bitchin, its shiba til the casket drop hoe
🤣 this the funniest shit i ever read
it’s a sub about meme coin bro
no 👏 body👏 cares 👏
lets avoid negative shit like this post and focus on the positive
come to thiscord, is a bit better 😅
just wait till they start asking why it’s not moving to the left but it’s moving to the right
“the price went down because mercury was in retrograde, and it was the fourth full moon of the year, but that was offset due to a strong northerly wind that blew away some fud. but we can’t forget that the creator of x crypto is a scorpio, so we expect a selfish burn soon.”
people need to understand this is not stonks. if you're not breezy watching your investment fluctuate 60% in a day, crypto is not the game for you.
don’t forget the “we need to talk to the devs about a major burn because they aren’t focusing enough on shib” or “when it hits .10 cents this year who’s going to go to the party” shib did what the devs said it would by surpassing doge without having to reach a penny (market cap) no they aren’t forgetting about shiba if you read the woofpaper bone and leash have been a large part of the ecosystem.
🤣🤣🤣🤣🤣 yeah this place is wack. they hate on there own brother and sister coins.
-*sees all the news of the recent run, as the sub is going crazy.* -*checks wallet after a few weeks to see how much it might be worth now.* -*literally less than it was back then.* guys, what? lol. buy and hodl. quit watching it like a hawk, thinking it is going to make you more money. keeping these such narrow views of the price does nothing but cause fud the second it drops 2%.
why did it tho?
what goes up must come down even that cock that went up by viagra 🤣
i don’t know what’s with all the elitism in this thread. i’ve been trading stocks and all kinds of things vigorously for 25 yrs, but i didn’t come to shib army to look down on people who weren't into experienced intellectual investment analysis. this sub is for fun. let’s be honest, nobody, even in the beginning, bought shib due to its strong investment value or utility. this is the same people who buy penny stocks. and now some of them are acting like theyre wise investment gurus smart enough to mock others who didn’t buy the “penny stock” in the beginning. my question now is, what do all you critics of everyone else want to talk about then? why don’t you post some interesting threads rather than mock everyone else’s? how i read the op’s post is; “i thiscovered crypto a few years ago and now i’ve evolved smarter than you all, so i’m leaving!”.
you forgot the "what shib army rank are you?" buhhh.
literally all this sub is. and a million reposts. i swear all the doge retards came here. it’s the same shit now.
its always the kids who found out about shib on social media. they think it’s gonna be the next doge. nah shib is hitting .25 max
“when is shib going to hit .01?” “when is shib going to hit .10?” “when is shib going to hit 1.00?”
it certainly looks you have not been in this sub for a while.
i definitely want some quick money but selling when a little drop happens or jumping for a 20% up is just ridiculous.
don’t leave now. i can’t wait to see all the “the irs wants me to pay _____” posts
mine's house money, so i'm especially not married to it, but at least once a week i consider selling it just to no longer have anything in common with these 15 yr old cult members.
that’s the crypto market in general and most of these people are millennial or zoomers expecting 400 to 2000% gains every year is super unrealistic
out too. i think it’s more jeopardizing than anything. same reason i left the doge threads.
bunch of these people are young uneducated bozos who just troll, ask the same stupid questions in which answers are easily found online if they did their own research but man oh man…
agree with you man. these people sound like they have a basic knowledge of investing
lol, you sound like the hollywood actors who get our hopes up with threat of leaving but never freakin do. bye felicia.
do you forecast shiba ever being remotely close to reaching .01 or .005? within say 5 years?
hijacking top comment. wheneth mooneth? 💩
the only thing i worry about is how i'm going to buy more.
i used to, now i cringe
i joined to keep an eye on any news or whatever and at first tried to like join in on some of the culture of it. now i stay out of morbid curiosity.
i get triggered too much by the question “when will shib go back to the ath?” like bruh… cant anymore🤣
i’m a junior in finance and accounting double major and several years of options “experience” and there’s still good stuff i learn from investopedia lol. learning is great. ta on the other hand…fucking astrology and retarded.
ex-act-ly …. this is exactly my point.
i see shib as a good profit one day… but it has no real world value (as of right now) not saying it wont ever
the gas fee for leaving!
what will happen :(
honestly, i think this subreddit is worse. i feel like the majority of people posting either know nothing about crypto or are trying way too hard to be edgy.
2 million dumbasses blowing on whistles and idolizing musk!
lol fckn dog 🐶 owners…uhhh i mean doge owners!!!
i had to get out of that sub it was so bad 🤦🏼‍♂️
i dont even wanna know
half the people here came from doge... lol
to be fair, most are in multiple subs. the "meme" community is a whole other breed.
god i just looked , i’m cringing to death. they think they are so “quirky” and “unique”
oh jeez... no thanks!
yea like it goes up 1% and all you see is 🚀🚀🚀
anything is possible with crypto.
you must not see the things posted in the sub… plus im 22
i completely echo this. there’s nothing wrong with a few fun posts here and there, some are actually funny. but i joined because i was looking for daily and weekly news about shib.
not an airport because this shit is not taking off like 99.9% of the posters in here think whenever there is an uptick.
they buy when it’s pumping then sell for more than 10% less than their investment the first dip complain and do the same thing with another meme coin. if they would just put treat the shit like a savings account, set a cap on each project and forget it and move on to the next they would be fine. first crypto i bought was etc three years ago and i still haven’t sold that shit and i’m still in the green with it.
what does that mean anyway, where are we going and how do we get there?
if you can’t handle it then don’t get into it. buy one project and say when i put 1000 into this one of my own money i’m going to move onto a different project and forget about this one. do the same there and repeat before you k ow it you have 10 projects 2 take off sell you’re initial investment and use that in another project.
im texan, i sorry
all i see is a bunch of idiots wanting to be millionaires overnight and who are incredibly hostile to anyone who is skeptical, probably because they do not have any real answers.
🥸if you send your shib to this wallet overseas i heard they will exchange for lambo
send it to me, i'll 10x it...will be in a 5 year time span tho. 😎
too many of em
just as much as you commenting will effect the world
this made me giggle
you mean i cannot retire with my 50 shib coins?
far right democrat? lol wtf. you clearly are not out of highschool and have zero exposure to anything intellectual. you know you can google basic terminology. 🤣😭
how many times you gonna comment? when 90% of the comments are said comments you cant not see them
roll over in my grave
its really the people who only invest in meme coins that see a 1000% pump and expect it to do the same again so they can get money quick
you are exactly who im talking to in my post
im 22 and feel the same way. we are bestfriends now
you make me giggle
thats not what im pointing out. i dont mind people getting excited. im pointing out to the ones who say “when will the price be this” or if it goes down 5% and they freak out… too emotionally detached
penny stocks are the same... great price! but invest at your own risk. price, as it turns out, is not everything.
we can hold the coin together and be at peace
don't let the door hit you in the ass on the way out.
i hold a good amount and got in super early... i dont plan on selling but it had to be said 😮‍💨
some of us do care and feel the same way. you do not have to make an announcement about his announcement. who cares? lol
i stated the first thing i was doing in my post... not selling
nah, idc about karma
i like shib, dont miss the point of my post
god damnit you got that song stuck in my head now :)
an excellent what???? i need to know
i hold a lot of shib, i like the coin, just not the cringe
you gaf enough to comment though❤️
likewise ❤️ at least we have one thing in common and thats holding the coin right?
youre missing the point my guy...
im texan, i didnt ask to be born here
down arrow my good sir
that’s a fucking cringe fest over there 🤣 “saitamask is getting released for the 17th time, hold on guys we’re going to the mooooooon”.
no, he’s saying it will get to a penny, but only with deep introspection and personal growth.
not me. i'm a *man*. gots hair on my yarbles and everything.
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not coming to the people who believe in it... just the ones who ask the literal dumbest questions
its like telling their fav sport team they wont make it to the superbowl… they will hire a hitman on you
thiscord is better when it comes to actual intelligent talk
baby its me not you
ive gotten more positive then negative surprisingly
800 upvotes, the main point of the post wasnt me leaving
this sub wasn’t like this at first. i’ve watched it get dumber and dumber. now it’s just as idiotic as the doge sub.
joining you on the way out. won’t be selling either, but this sub is kind of a dumpster fire most of the time.
i am 50% stocks, 50% crypto, 50% cash and 50% drunk which mean i have 37,5% of being the next bill buffet
imagine not understanding market cycles and impulse and corrective waves
buy ath, sell atb.
shibarmy used to mean something, now it is shibnursery smh
the age of aquarius is officially upon us and do not forget about being the year of the tiger.
shib dropping a little: " who of you selled?" yeah... that is exactly how it works🤦‍♂️ "it's the weekend, to the moon" "mcdonalds employees get their money tomorrow, big spike is coming"... the last one really is no joke, there really are people like that on here and there really was a post... but my favourite were those who selled, while also doing posts about mooning soon everyday and even saying "i told you" as soon as a positive fluctuation happened... i already said it months ago, a community token is nice but doomed to die a pathetic death sooner or later with a community like that
thought this was shibarmy, not superstonk lmao
you're one of the people op is talking about, you do know that do not you?
can i come general? like i generally do not care.
omg yes. so true!
if shib hit .25 i would shib my pants
i think you meant .0025 let’s be real here.
i only throw in what i expect to loose. i threw like -.5 mil coins. im holding because i dont want a , i want a hella profit. if that never happens im okay with that, i tossed that 40-50. if it does go up to even a penny ofc i will be ecstatic, but im not expecting it too. i dont worry if it does or not, i literally check my cryto app like once a month. people want fast money, which isnt a bad thing, but they put way more than they can afford to lose in it because they listen to posts hyping it up on reddit. they gotta understand crypto is a literal gamble. its a risk. gotta be prepared to lose what you threw in.
you are assuming you know when the person who took a 20% profit bought shiba. it you are past the year mark the capital gains tax is severely deceased. if you bought in a year ago, 20% off of a .
i’m seriously waiting for those posts on here or any crypto reddit feed. i know a lot of people who were chasing meme coin last year and cashed out. i wanted know the outcome lol
you’re posting that on a board devoted to a currency that was up over 70mil% we’re all here bc we’re dreamers
not all millennials are complete idiots with unrealistic goals. lol just like 95% of us.
did i miss lambo?
no. 10 years maybe. when it gets to 0.01, its market cap equals to the sum of market caps of all cryptos on the market now. think about that. but with 10 years of time, maybe more investors will join the crypto casino and a much larger market cap will make 0.01 possible.
but before you go... when is shib going to ath? just kidding my guy. i have a small insight into the future of this coin and i am very hopeful. good luck to you in all things.
that and the "why is shib up today?" or "why is shib down today?" 😂
i get triggered when it goes up at all and the sub is bombarded with to the moon post.
will it hit a penny today
well said, my friend
you're not excited about spending .3 million shib on a shit burger from a kiosk that worships the great and mighty shytoshi? it does not get any more real world than that. haha
this deserves way more upvotes
welcome to the shiba kindergarten!! what can i get for you on the kids menu? our special of today is a pink lambo.
i’m beginning to think so
you must not understand the irony in this.
before you go... when will shiba moon?
you mean i can’t put in 50 dollars and get rich by monday? i’m out
yup, that is definitely a good approach. many people lack the self awareness to realize they have a problem in the first place. this post hopefully helps some people.
oh wow. here is my seed phrase. please give lambo now
maybe we need a shiba driving lambo meme crypto. i see huge success in that...we will call it lambo inu.
you will be missed
never trust anyone with an actual profile picture on reddit. it’s almost as bad as using emojis on reddit. 🤢🤮
i unsubbed already. seriously we should start our own shiba inu sub where intelligent conversation about shib is required for entry lol.
you would have had to split a penny into many pieces to acquire only 50 shibs hahahah
my bad, i meant left, thanks.
wanna share my girlfreind with me?
you get a thishonorable thischarge.
the guy you’re replying to just solidifies your thoughts on this sub and mine. this place lost its way months ago. memes are funny once in a while but it’s just memes, dumb “to the moon” posts, and even dumber questions.
...good health and fortune! 🤞
you tell me what excellent thing youd like and ill do my best, weatherman
just wanted to reassure your instinct to leave
i love how they said "we" as if they have the authority to speak on behalf of the whole sub
🤣 that one got me!! lol!!
come to the other sub
the smart ones made millions or billions and are gone
i'd be happily retired.
thought you were leaving?
if... :d i can do math on my own quite well, thanks. maybe you need to look up, stuff flew right above your head.
just the brandon voting ones are!
why is shib a dog? 😆
upvotes to the moon
that's funny will said
don't laugh, that is my weekly allowance
just stop talking. talk after you learn. the other way around makes you a buffoon.
as long as your focus is on me more
omg your stalking me
have a good day sir
lol why do people get so annoyed they need to say "bye" in a weird way? its like you are offended, but want to offend the person back by being rude
well, i've actually got *two* yarbles, sooooo...
yea we all just bag holders. oh wait i took profits a while ago.
who down voted this?... admit it that it is funny!
but wait, why is shib down today?!? i must know! i only know how to get my information from reddit. what will i do without you?!? 😭😭😭
my apologies. it was a nervous laugh.
just waiting for the internet to break here
thank you lol i’m beginning to wonder about people on reddit…
ya mother does it for me.
right lol! it’s something i would’ve said
my mother is dead so your fucking a corps
i wonder if he left the sub yet? lol
na, she alive bro, trust me.
again, go fuck yourself 1k karma boy
a pretty well known rapper from the us
shib is one of the only cryptos holding position today...because it’s already way low. buy now and get ready for the long ride up.
“hold on wait a minute y’all though shib was finished when i pulled the aston martin y’all though it was rented!” - meek mill
my new favourite rapper. always knew he’d do good!
he always late to crypto 😂😂😂
tell him to buy up the rest of the coins. so we can finally get rich.
even tho i do not know one song from meek, i'm pretty sure he is gonna be a shibillionaire... ughhhhhhh, i'm jealous! but glad to have him aboard.
i’m dumbfounded by how many of you guys don’t know who that is
hype that shit up doggy
shiba is the way🔥🔥🚀🚀💎💎
kai green and now meek mills, we are definitely in business guys
no idea who this is, but if he is famous somewhere then good for shib.
whoever this guy is, shibarmy welcomes everyone!
never too late to shibarmy! stronger together and more the merrier! welcome 🙏 💎🙌
meek bring the hold industry with you. holla at jay as well!!!
i only got 3 million shiba who’s got the same
this will help get more eyes on shib, i hope more big names will invest too.
ive got 272m shiba
he right on time! i'm jealous cause i bought near the ath! still bullish af! go shib army🚀🚀🚀🚀🚀🚀
meek mill is a smart, smart man
one of the best rappers from philly. philly stand up!
yeaaah boiiii, let us gooooo!!!! to the moooooon
lol someone paid him to shill
doesn't mean anything unless he pulls the trigger...🤔
ima bout touch myself 🤚
hell yeah !!!l lets go
get it my geeeeee!!!!!!🤜💎🤛💯💥🔥🚀🌖💨👀💦🚨
hahaha last time he bought doge like at 60 cents and then it crashed. i think right now is a good entry for shibu so hopefully he can get that money back.
buy them all meek !!🔥
don’t forget to buy some leash before they are sold out ... 100k supply... shiba swap is coming
where can we buy shib from? trying to join this community and grow with ya'll!
i just cannot wait for the market to recover
imagine if vitalik post same sentence
great now shib is gonna dip all the way to the depths of hell
the man said it best, ‘scared money do not make no money’
guys what we can do! dm mil meek on twitter and say thankyou to him share share screenshot on every social media platform this will create huge goodwill
stay patient fellow shibs. .our time is coming soon 💪💎🙌🌒🐕🚀
i only have 1.3 million.
24 milly strong here
does having 600 mil shiba make me a whale around here?
so we need to exercise caution whenever a celebrity makes an endorsement for anything... and i know this is going to upset some people (but it needs to be said). unless they post some sort of proof of claimed purchase, you’re really just taking their word for it. as of last year, anyone can pay a majority of celebrities to shill for anything. for -(for example), i can pay scott ian (anthrax) to give shoutouts, happy birthday messages, post things on his social media. this has recently made its way into penny stocks, memestocks and memecoins (basically all over the place). those celebrity “investors” who were shilling memestocks such as amc, gme, hcmc etc more than likely weren’t actually investing, they were just paid cameos. on the other hand, does it get some people interested who otherwise wouldn’t have bothered investing? sure. and from what i understand, this mill fellow (no idea what he does, don’t really care either) has a pretty good reach. so, sure this is exciting for a lot of people here, but realize one important point - unless the person in question posts proof that they actually have skin in the game, you should take their “investment” with a grain of salt.
can shiba hit 0.1?
what can i say welcome in the biggest scam or the biggest deal 2020-2030 we will see 10 years from now, if you i and others did a genius or a stupid move ,i belive maybe not genius but smart one
we do not who is writing this????? when i see all them 10 millions followers of his, god knows who, buying shib? then i will believe it is not another ripoff!!!!!!!!!
surprising how many people don’t know who this.
take my money 💴 please!!!!
need more influencers onboard with shib
proceed with the aforementioned activity sodomite.
your welcome guys. told him shiba should sponsor his festival.
okay, we have a rapper check ☑️ now we need sport team owner billionaire
hope we get some more traction
with nikki minaj 💰
his next tweet was asking how to buy it. someone help that man.
yeah buddy let us go! this is what i like to to hear ! shiba to the moon 🌙 🚀
yayyy finally i can see some sunshine hope he buys billions of shiba
he bad luck lol
can't be that smart, sent a tweet out to millions of followers telling them you're going to buy, probably pumping the price before you've bought in 🤣
200 million coins in my wallet. think i'm about to buy some more shiba coins too, meek. this could move the price up slightly shiba army. hodl on tight!
nice you can lose !!
these guys with influence get paid to post this shit you know ? kai greene for example, guys not been paid from bodybuilding in some time now moneys drying up fast
oh no... if you know, you know. this tweet is bad luck 😅🤦🏾‍♂️
shoulda waited for the next dip... 😂
we need to get a kardashian to tweet this lol or an nba star
how many coins would a dragon need to hoard to become a shiba millionaire? 🐉
shib on twelve oclock
i think you should
funny, all i see is about 300k followers wow anyone can make this up
time to buy or no.
wouldn't you guys like it if only the shib will perform at a time most of the crypto currencies are being slaughtered? beyond the moon! beyond all the known nine planets!
come on what the hell your waiting for!!!
be the only trigger he ever pulled
if only yall knew the effect meek mill has on the market its about to be another bearish week✌🏾✌🏾
is this from today or is it old?
i’m in the us. what platform are you all using to purchase? i’m using bitmart. i don’t like it. any other suggestions?
got love baby! buy up and welcome to the future!
hope he buys a lot more than his name suggests!
how much you think he will buy 🤔
duck meek mill. his raps are trash 🗑
sweet save me from taking an l, meek.
are you sure bro?
no reason not to at the current price. chuck a little bit of money in that you can afford to lose and in a few years be picking which helicopter to take you to your private island.
30 milli gang! just keep accumulating guys! be ready for the liquidity event to drop any day now!!
nice tell the followers about it so they don’t miss out on this great opportunity
please everyone before buying in check out the video on the rsi trading indicator crypto
is he really buying the coin or this is just some sort of an ad?
new to this coin- why is this coin worth buying compared to other crypto?
that means he already did.
rich with shiba inu
hmm meek mill buying shiba i wonder who gave him that investment advice! shiba did flat line while everything else was dropping today. that alone made me think there is something more to come when the market corrects itself. hopefully my 1.1 billion shiba goes back positive in the coming weeks.
how many million or billions did he buy. hopefully a few more high profile people jump on this too!!
,000 for him is a night out with the boys. 😂
routine remix: young n**ga blowin old money, spend a milli make it back, made enough off a dog meme, i aint even gotta rap. grind and i get it stack and i spend it, you know the routine. stackin the shiba you know the routine, you know the routine. poppin' them tags, gettin' them bags, you know the routine
everything he buys. crashes.
i got 160 million and buying every day!
haha i do that
hey guys can you help me how much tokens will ?
hell yeah meek let us goooo!
i have 33 mil 💎🤲
he’s been hacked 😂
101milion here , are you ready to take off 😂🚀
i had 3.5 billion shib.sold it all for around 10k usd.i still feel like i am missing out, thinking of putting in back -1k and holding for the next 6 years
i was this video, insan man
oh dude. yeah that is cool af. coming from a white boy
to the moon baby 🔥
who is it 😅
no way in the world this hits a penny. the market cap would be larger than btc if this happened. i’d be a millionaire if it hits .001!
yeah buddy!!! let's go!!! .0001 coming.
i’ve got 50 mil and all i want is to pay off my student loans
hopefully he buys trillions worth
we need drizzy for them stonks.
tell him to wait jn a month when the market is bearish 🤣🤣
post how much you bought. 🤔
shib has no future ya all will regret investing in shib. doge to the moooon...
if y’all got twitter then let’s guide meek on where to buy !
i thought he overdosed like in 2019. probably someone else sometimes my brain gets in any argument with its self about things then is like a miniature ww3 in my head i dont know who tf is winning me or me... anyway shib
meek mill is wack. we need teskahi69 to jump on shiba.
well it was good while it lasted. i’m out. good luck fellow shibs
rekt i’m out. it’s a shame. shiba officially now the shill coin. worthless as a
nothing positive can come from a meek mill cosign i’ll see you guys next week
very doubtful we will see a rise in shib for a long time.
philly let’s goooooooo holding 715millilon on my way to a “b” shibanataion 🚀🚀🚀🚀💎🤲🏽
crypto thiscount, time to buy.
lol pretty well know.
lmao "pretty well known" dudes huge 😂
if you have to explain who he is (i did not know) then its probably only well known in the us :)
lmao. this guy wins comment of the year lmao.
hes alright. he’s like the master of the triple beat, but that’s the thing he used it in basically all his songs so they all sound the same.
better late then never
whachu mean, we're in a middle of a big dip, everythings on sale. hes right on time
he's just a little meek after seeing the market the last few days.
at least he’s buying up the dip
not really late to shiba at all.
he could be 10 years late and just drop
good job he’s late or he would of bought a the top like most on here
its the perfect time! i envy him.
and it usually dips even more 🤣🤣his cursed
i’m hella weak... we’d need jay z for that 🤣
how could i have heard about him if i do not listen to pop'm not american?
aah yes, thinking that the world revolves around murica
i can’t believe it myself lol smh 🤦🏻‍♂️
for anyone that doesnt know hes a shit rapper... maybe one or two decent songs... and he fucked nikki minaj
never heard them mentioned once in the uk and i have to listen to the radio at work every fucking day. update: did a search. even a collab with drake could not get him higher than number 13 in the charts and that was in 2018. sorry!
i can name some rock bands and country singers in america that are just as famous as him (if not more) youve never heard of. and thats only in america. people have preferences in music. some dont even listen to rap so it shouldnt be a surprise.
nicki minaj is the only reason i know of him. he's not that well known. maybe nicki minaj should announce that she is buying shiba.
22 billion going strong
i only have 69mill
yeah good luck getting him to pump a shit coin lol , i’d be surprised if the word bitcoin ever came out of his mouth
beggars cant be choosers
the thing is buffet has way to much reputation to be talking about crypto. he probably does have some invested, but he’s not really going to talk about that because he’s like an og of the traditional stock market
what a loser, created an account to waste his time on something he’s not even interested in.
god your lame... 🤡💀
lol at you dedicating a whole account to shit on shib.
i still cannot find the
binance and huobi is what i know, depends where you are located
famous rapper, he’s actually got a crazy reach. is this tweet real? 😂
bro how do you not know meek mill 😂
i don’t think i ever been this shocked smh 🤦🏻‍♂️
**life💰💰, 💰💰shiba is.** *-dangerous-highway199* *** ^(commands: 'opt out', 'delete')
lol doge is dying
if 't be true y’all did get twitter then let’s guide meek on whither to buyeth ! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
damn nice i only got 30m lol
seems like 30m is the magic number. i’ve got 30m too 😂
it’s cool it’s enough for us all to eat 🙌🏽
philly! city ave so barely philly but still lol
would you mind sharing what platform you used to buy shiba inu? here in the states i am not sure where to get it. thanks.
that’s ducking meek mill 😂 i’m actually stoked to see this
homie had millions of people across social media trying to get him out of jail on bs charges. he's not just well known. he's beloved by his fans. they will follow him anywhere
shiba cars... lambo yet?!?
he too rich to be late
a dip? 🤣 my guy, we're crashing and burning 🤣 still holding !!
he lives on twitter & ig, late is inexcusable 😂
he needs to buy the whole damn dip ijs
not late at all.
i seriously doubt he will drop a mil on shiba.
& dr dre together
do you know drake they had beef for awhile idk what for rappers are weird usually for publicity i figuare
uhh the music world absolutely does though
lol! i live a few mins away from where meek grew up. he used to be fire! once he went a little more mainstream, not so much. can’t knock the guy for making money though. i agree with you though this rap now is terrible. i am much bigger on the late 90’s early 2000’s. jay-z, nas, biggie, 2pac, wu-tang, talib kweli, mod def.
actually he’s a very good rapper compared to today’s standards lol especially if you know what you’re talking about and have been listening to this type of music for more than a few years just after you got off your moms tits. if you don’t listen to hip hop then you have no say.
you must be from this weirdo generation lol
you sir are capping 100%...fym meek milly da 🐐.
so she not a virgin nooooo ain't listening to her again
i wanted to say this but at the same time did not want to say this. as long as ppl in the sub are happy, i'm good
i like music. i listen it a lot. and my taste in music has only matured with me. i’d bet i’d have a good chance at recognizing who you’d say. but we’re in a crypto sub! so you can have that! i just wana be able to sub to of without worrying about the sub fees! is that too much to ask?!
yep, buffet is loyal to his strategy and game. he's old fashion: does not like change and new age of market. there's a reason he is dubbed the "oracle of omaha"
i dumped half a b the other day when i caught wind of the scam and them keep pushing things back and paying social media shills actually 🤡
nah just an account to post. i was a pretty big shib holder but sold off before the crash to put into other things outside of crypto but than i saw a lot of reckless people talking about putting life savings into this in hopes that shibaswap would moon the coin and at that point it was just way too reckless
yes, its real you can see this tweet in him profile
95%+ of people would not know who this is. i certainly do not.
probably because he doesn’t speak like a “bro”
of crypto market crash = doge dying? lmao kid
he is the king of social media and a massive troll.
i’m sitting on 15mil, i figure a . lambos are cool but realistically i’d be cool with a house with no debt
i'm sitting in the 30 mil club too fam. but that is ok. gonna just keep buying the dips and slowly but surely will get more. i know people say it would not pop but if it does 30 million is plenty. if it hits a penny i'll put a couple grand in the bank but that is it... not gonna sell... i cannot wait for shiba swap to start.
i have 8kk only :d
i’ve got 35m too, and still gonna buy those dips!
is 130 mil ok?
39 mil here. haha
i just bought fifty million more sheba’s. i just couldn’t pass up the big sale. i now own 150 million 🚀🚀🚀🚀
north philly cecil b
hey no problem crypto.com
yeah 😂this man been killing it since 2010 at least some people dont even know about those dreamchasers mixtapes
😂😂😂 exactly. i’m trying to understand his. it’s never to late. it’s actually a perfect time.
^ this is how you tell who's the veterans and who's overdramatic young blood lol
“a wizard is never late, nor is he early, he arrives precisely when he means to.”
its all in the name, meek 'mills' lol
how would he have heard of drake? he just said he does not listen to pop
sometimes i forget that we need to tell people that we're being sarcastic xd
no, cant knock anyones hustle. i mean he is better than 99% of todays rappers but that doesnt say much. definitely agree with your choices too bud, talib kweli and capone and nore were always on my stereo in the 90s too 😂
i do not know if lyrically you can put 2pac and alllll of wu-tang in that line up.
i been listening to rap since 91 bud and was a big fan of bands like bodycount and rap artists away from the liles of def jam or mainstream so i think i might be qualified to have an educated opinion on his lyrical expertise... hes shit... hes no scarface or big l is he...
meek is total garbage even compared to today's rappers. he is not even in my mind when asked who the top rappers are nowadays. nba youngboy, kevin gates, moneybagg yo, peezy, omb peezy, roddy rich ynw melly, tee grizzley, payroll, maine music , boosie i'd even say kodak black are all better and more relevant in rap than meek idk where you are from but no one would be caught driving down the block with meek mill. but idk what rappers people are comparing him with
nope im 38 so i grew up when rap music was actually good and had real talent.
no tf he wasn’t lol
you do you man, sorry for calling you a loser don’t meant that fr
i’m the stupid one?😂💀💀💀
cant thisagree with you on that one. its the part of the community i hope will improve. best of luck to you in and outside of crypto.
bro what fucking planet do you live on??? don’t make up statistics to justify you living under a rock!
its a dying coin
admire the realism! unlike the rest on here
facts!! i’ll just buy me a reliable new car and a nice house. that’s all i’ll need.
exactly my thoughts. and i’m willing to sit on my 17m for awhile. maybe add here and there
bruh... if it his a penny, you're a multi millionaire... but, yeah... fucking putting more then a couple grand in the bank... put the other 998k back into crypto.
what’s an extra digit 😂 welcome to the 30m club 😂
ayeeee. is the flower as whack down there as it has been in my neighborhood? shits rough out here for a stoner lol
great thank you sir, appreciate it.
he the type to be late to 1st period & his excuse is "i did not know", mannnnnn gtfo 😂
- *1943, albus dumbledore*
well drake just won artist of the decade... it's normal to assume everybody knows him
he was a star on degrassi early 2000 before that
wu tang was like 10 dudes just spitting some i’ll rhymes. lol usually none of it flowed together, but it was fire!
bodycount as in ice t bodycount ??
scarface and big l. if those are your big ones it explains your elitist attitude lol you prolly swear your underground yourself. both overrated, rip but one more than the other cuz he’s dead.
it’s all good gotta have thick skin on reddit. i hope the project works out i’ll buy back in once the scam thing blows over
def, you are actually pretty civil. i hope it works i really do like i love the idea of the coin and honestly once the scam thing blows over or the devs can give me anything solid about the project i’m happy to dump into it but i just wish people would be more cautious instead of buying into the fomo so blindly. like i legit hope this thing goes up continuously i really do
i figured i should correct myself and say it is probably closer to 98%. i was being liberal with the 95%.
how many people do you think live on this fucking planet? idiot.
whatever you say xd
breaking news it won’t get close to a penny get in the real world
😂😂😂😂 hell… if helps the community, then that’s a plus…
true, but we all know u-god and the rza were trash lol. look who succeeded individually and who flopped.
is there another one? they were always in my stereo in the early 90s 😂
no, just their lyrical content is far better than anything meek put out. each to their own but for me he sounds like hes trying to sound a bit like lil wayne mixed with drake (i dont rate them either) i come from a time where rap music was about story telling and real intelligence in the lyrical flow. being white an liking rap music in the early to mid 90s got me a lot of comments especially banging out bodycount (time before eminem came on the scene so didnt have any white rappers... vanilla ice doesnt count 🤣🤣) i actually enjoy debating hip hop music with people. you cannot deny that meek mill wouldnt even crack a true top 100 lyricists.
j. cole just came back after years of being away from the industry with a better album than anything meek put out too.
see i used to love easy e in the 90s, but the reaaon i didnt mention him because he had a ghost writer for most of his songs but theres no sound like easy...
he could actually rap not mumble
good luck with whatever you decide to invest on
same was said for doge last year and it hit .75 this month.
i'm sure your right but cannot a dude dream... bursting our bubble here... 😂😂
evidence ? you seem pretty sure, maybe i missed something
hell yeah i was born in the 80s (i’m 37) so i grew up with real rap even in the early 2000s we had eminem and 50 the game now it’s all auto tune and fuckn mumble rap
strong boomer energy lmao
you too! :) keep the gains flowing
doge has far less supply than siba does. there are trillions of shib coins out there in circulation, and that is after vb burnt half the total supply. the market cap alone says it cannot hit .01
of course you can dream bro dream dream dream dream dream dream (8)
elite are in charge no one wants all these rookies to get that rich i personally think shib is due some bad news the coin will be liquidated or something bad will happen to the tokens either way the dogs are getting put down what would the sec say about these meme coins 🤣 bring on regulations fast!!!
with current number of coins if the shiba hits 1c the overall capitalisation of shiba would be ~4 times more than every crypto combined. and that won’t happen.
a boomer is someone born between 1946 and 1964. like after ww2. this just goes to even further my point of how smart gen z is. it’s like they think they even know what they’re talking about lol ever. makes you guys sound so dumb. “oh hey ima be busy this weekend, because my photosynthesis intermittent. we’ll be hypothesize don’t worry” lol
if i'm not mistaken doge supply is infinite and is still being mined as we speak. market cap said doge would never pass a nickel and that even that would be a miracle. my point being, supply and demand is not nearly as relevant as it once was. doge has proven that these coins can hit whatever value that us as the consumers want them to hit.
what’s the market cap?
doge doesn’t burn, shiba does, it’ll eventually hit that mark so get a clue. stop talking about market cap. apparently market cap doesn’t matter when it comes to doge but it matters either everything else. quit hating fr lmao
i know it is not going to a penny. i'm just letting him know he will have more then a couple thousand if it does.
wow your comments scream i just took way to much add medication lol. i’m not the grammar police and can hardly spell at times but jesus.
lol wtf are you going on about, you can have boomer energy without being a literal boomer.
shiba has nothing but a gassed up community half of them it’s there first crypto they’ve purchased it’s all “moon boys”& “lambos” no real sense of how the crypto currency market works they will learn but it could take them a while lol 😂
doge is what it is because of elon and friends
, . there are 129 billion doge coins in circulation vs. 395 trillion shib tokens, which means if shib were to get to the same market cap doge has with how many more coins shib has in circulation, the price of shib would be about .002. at .01 with today's , it would have a total value more than some entire countries, it just would not happen. obviously the math changes as coins are burned or swapped on shibaswap but simple math says the price can only go so high.
lol. saying a coin cannot reach x times higher than x is total bs. i could create a coin with 10 trillion coins in circulation (meaning i own them all), then sell one coin to someone for 10 dollars and the market cap would essentially be 100 trillion dollars. what people do not seem to get is that the market cap is equal to (circulating supply * last traded price), and scammers often use this to blow up a coin with many coins in circulation to make it seem a lot more valuable than it actually is. best thing is, i see people blindly being like ok all the time to this dumb shit. he didn’t even state a case. everyone here that has double digit iq knows it’s unlikely it will go to .01... so yeah thanks a lot einstein. another really stupid mistake is comparing crypto mc to us gdp. yes, for us stocks that can only be bought in dollars, it is ok to compare a mc to circulating dollar supply and us gdp (around ). because the possibilities for growth highly depends on it. but crypto can be bought in every fiat currency available. so if you want to compare it to gdp, you should compare it to the global gdp of between . for crypto, dollars are not a limitation of it is circulating supply, dollars are a comparison unit on a global level, whether or not they exist in this world. and the possibilities for growth are a couple thousandfolds higher. people really should try thinking for themselves.
i hear you man
regulations will kill this army
i sound pretty stupid huh? like i don’t even know what i’m talking about huh? lol that’s gen z
lol i mean you're not entirely wrong 😂 but i would say based on the kind of movements we've seen in both the crypto and the stock market this year alone, anything is possible. i do not see anything wrong with people holding out hope and using shiba to play around and learn the market with. it's something that wouldn't yield high losses if it drops but stands to make pure gains over the years.
regulations are coming mate you should know this already
and if the right people talk shiba up the same could happen
the latter part of your question is why i asked. this thing has exploded into a too 25 already and that’s... crazy to me. the dynamics of the market change consistently and i think this makes it easy to make a mistake. that being said i also think it’s easy to say it won’t hit x, it is truly very unlikely. the current fiat circulation is equal to 80 or 90 trillion though. i’m not even close to that bullish on shib but i do think it’s when people make price predictions, much less outright statements in either direction it’s silly. you definitely aren’t that person tho, everything you said was true. edit m: words
wow... this came out if left field... who and what are you talkin about? you must b talkin to meek mill "saying that a coin can not reach x times higher than x is total bs" -mr. knowitall "everyone here that has double digit iq knows it is unlikely it will go to .01" - also mr. knowitall
it’s definitely coming. best of luck
ok? i'm not gen z but go off fam
wow dude you’re nostradamus... it’s difficult to have a high price when the supply is really high. financial regulation, especially in the us, tends to follow a ton or average joe’s making money. who’s gonna win the finals? lotto numbers in tennessee also please lol.
unfortunately no one else can manipulate the markets like elon can with his army of fanboys who are happy to help elon pump and dump crypto. meek mills joining in today has boosted the price a little, but all we have is each other
am i bullish on shib? absolutely. am i one of the people who think it will hit .01? absolutely not. it would be great for all of us to have millions or billions of this meme coin and we all become extremely wealthy, but simple math and a little common sense needs to prevail here. i think it is a fun token, the community seems extremely supportive and we can grow into something but unless hundreds of **trillions** of tokens are burned (or swapped) then the coin cannot become more than it is. and that has nothing to do with "elites" keeping people down or anything like that, it is simple economics.
i did reply to the wrong comment on the chain lol so sorry about that... it was meant for the person above you but definitely stands. the guy said it will never reach .01 as if it’s a fact. sometimes people just blindly say that over and over again when there’s actually a fair bit of thiscussion and back and forth on world market cap versus us. and there is a ton of nuance either way. definitely no hate to you tho friend. disregard any or all of this lol i was just providing a counter example. even though i don’t expect it to go to a penny either, when i see comments that feel like it’s just trying to rain on peoples parade without educating them i assume they bought at the top best of luck! sorry about the confusion
don’t need luck got utility 👍 good luck with your portfolio full of animals tokens
that's fair. just gotta see who jumps on board moving forward. if elon decides to talk shiba up it is gonna be a quick pump followed by a monumental dump.
i mean... let's face it... it's not going to reach a penny... we would have to have a higher market cap then bitcoin in order for that to happen... is it possible? if enough people not only invest, but also hold, then maybe... but super unlikely.
i definitely only own animal tokens. whatever helps you feel better this afternoon
it’s super unlikely for sure, like i said. it’s just incredibly lazy for him to cite the supply only so i just provided a counter example or two. i mentioned the world fiat economy and honestly i still think bitcoin is early, and it’s market cap is 710 billion? i think. the world fiat gdp is 80-90 trillion. so ill just be interested to see where the entire crypto market moves over the next 12 months. then even 12 years. it will be a fun ride either way. i just get tired of seeing the lazy supply meme for any crypto, not just shib.
np. one more piece of friendly advice. the next time you wanna try your hang at animal tokens maybe don’t buy at the ath. i’m sure your brand new alt is just here to educate though. your billion dollar bags are sustaining you but here you are trolling in the shib sub and not even making coherent points. regulation is coming... in the crypto market in the us?!?!? wow thanks again!
back to bed son
animal crackers you hold doge and shib and probably aqua goat 🤣🤣🤣
you’re so stupid and lost so much money buying this that you created a new account to troll 😂🤣
i’ve not lost anything i’m the real diamond hands been holding since 2018 bitchhh
yeah sure, you’re so stupid and lost so much money...you , quite literally, are here on a 130 day old account with sub 100 karma. karma = credibility on this site and everyone knows it. oh wait “you didn’t loose any money” even tho that’s a lie so i’ll rephrase. you’re so stupid you are wasting your time on an alt here to troll... because it won’t hit .01 lol... because regulation? because you’ve been here since 2018...you’re incredibly transparent. you repeat idiotic and lazy talking points over and over again because you lost money or enjoy wasting your time. thats it and that’s ok “son” you can do whatever you like. i’ve gotten a huge kick out of this conversation personally.
only time i’ve lost money is when i give it to your mother
holy shit!!!! don't get me wrong i like... i like alot... but what the hell is triggering this. this is awesome, amazing, and terrifying all at once
eating another zero today?
i need to constantly keep changing my pants
chucked a few grand in 2 hours ago why not !! let’s do this
had to grab a wine, cheers
my coinbase is broken!
we are about to crush another zero
don’t sell people this is nothing
who has been holding since .000007? feels 😊
you cannot spell without shib😂
coinbase halts just like the stock exchange! trying to buy more and i can’t!
holy shib people, it is going straight up!
damn ya'll! this is the best lunch break ever!!
voyager and coinbase apps down 🔥
god bless shiba! 0.01 here we come!!!
rip doge sit. good dog.
i know it's awesome!!!
at this rate we eatin 0’s for dinner tonight boys let’s gooo
i'm literally getting fucking scared at how much my net worth keeps increasing. like this is insane i cannot fucking handle it!!!!
coinbase giving everyone the full robinhood experience .
jacked to the tits!
should i convert doge to shib at this point ?
can’t buy cos you mofos have broken every app!!!!
yup...coinbase issues. but wtf is catapulting us to stratosphere? we r getting close to removing another 0 something that took ages last time we dipped.
watch your language i got my x wife’s pic in my pocket
i bought in yesterday and bought more today and i'm up ... jesus guys, why did not you tell me to buy in sooner???
anyone notice how the shib chart is like legit flickering on coinbase pro?? lol wtf
coinbase, crypto, & voyager are all slow af and crashing right now. honestly, i hope shib changes a lot of lives for the better in the long run. fuck working your whole life away!
converted eth to shiba. 🚀🚀🚀🚀♥️
what a flipping day!!!!!
i’m in a group chat with a bunch of boomers and they are starting to fomo in too now. shib gonna eat that next 0 today for sure 🚀🚀
coinbase is broke haha. i just want to buy more
wow i cannot believe people are dumping right at 8...
you diamond handed fucks.
i want to buyyyyy!!!!!! coinbase let me freaking buyyyyy!!!!!!!!
been in crypto since 2014. one of my monitors always has coinbase up...i see these charts. allday, i ave never seen this happen.
everyone stay calm. hold. it’s gonna correct a drop some. just relax and watch cartoons.
anyone panic selling thank you for leaving now and not when things become more crucial and serious
remember gme where they locked us from selling? deja vu here we are again
i am drunk cant watch this ath othervice 😅😅😅🔥🔥🔥
moooom get the camera
coinbase rightnow: aight fam, im out lol
i swore, absolutely fucking swore i was not going to buy any more and bought more this morning.
remember even though we are going up right now, be patient with the dips. don’t look at daily swings, look at weekly gains. remain calm and carry on.
damn, we crashed crypto.com and coinbase? 🔥🚀🚀🚀🚀🚀🚀🚀🚀
i have no idea what i’m doing but just sold all my other crypto and now have 3 million shiba and so does my boyfriend haha. this is fun 🙃🙃
soon as they get it up everyone buy the shit out of it
my crypto.com app crashed something big is happening i’m nervous lol
bought another 17 million. let’s fucking gooooo!!!
hold the line !!
how does this keep happening where a platform can just pull offline an asset when it’s going nuts. how does this happen and people aren’t in jail
myyyyyyy tiddddddies broke a 0 in canadian dollar!!!!
the world rose up and invested in a true independent token and the 8 people holding most of the money in the world said "nope" and shut off the pipeline.
all publicity is good publicity. abc world news shiba crashes all platforms. it's going to be great !!!
not going to lie, i have 600mil, if it goes to .0005 i will be very close to selling bc it’ll be . i did this so i could buy my grandmas apartment building in brooklyn, ny. that would pay for almost half the asking price. that would make me 100k. but i’ve also made like 50k this month so i may just told until 0.001. idk, solidifying my finances and the people i love with this coin would be a dream i never thought was possible. i love this community too
guys how do we go about making a class action lawsuit against coinbase?? like this is legit criminal... can’t take profits if we wanted to, can’t buy the ‘dips’ and i have $$‘order’ status pending that isn’t being filled... that i can’t even access!! unacceptable
dammmmm voyager and coin base down
god, i love this coin.
eat that fuckin 0!!!!!
everything is broken 🚀🚀🚀🌚
im gonna swap more altcoins into shib but coinbase is down
i only have 8m 😭
they shut us out when it went into the 8 on some straight rh bullshit.
boyz, jesus we flying! we defintely need a daily dicussion thread! shiba!!!!!!
that fucking volume though. keep buying you magnificent bastards
we surpassed doge! thats huge! in top 10 now. just crazy. hodl
you do not understand. this coin is not even on robin hood yet. can you imagine what happens when we get to robin hood?
i just lost a good 20k because of this “maintenance”
crypto.com, and public is broken
love how coinbase pro is just inoperable now fucking bullshit.
should i even buy more with this price?
what the hell is even happening? not that i'm complaining, but this is super scary.
i feel like once the apps come back on we might be in for an interesting time… imagine all the orders that haven’t been pushed through yet because of the crashes
price went to 88 then all crypto froze and then the price plummeted to 64. we are making massive waves.
and my wife doesn’t let me buy more. yes i know - i fucked up for telling my wife. so hodl for me!!!
am i reading this right that the volume is in the billions? that’s why coinbase is crashing
shib is in trending on twitter. everybody wants in
bitpanda down! coinbase & crypto.com also down… either shib has broken the internet or these fuckers want to kill our bull run!
seriously guys wtf, imma buy some more shibs right now this is by far my best operation ever!! buy and holddd
bruh who told this meme ass coin it was allowed to be worth something lmao
did they turn off the buy button like robinhood did with gamestop? not good!
message on coinbase states it no longer supports shib and can buy it through coinbase wallet? wtf is this? or is it just down and that is the message that you get?
im gonna pay off my family debt from mars!!!!
shits so hot right now it’s crashed crypto dot com
i'll be honest... i did not think this would actually happen when i put ~0.000012... now i'm wishing i had more confidence back then, but hey, it is been fun watching it go up.
today was an awesome day ✨ 🚀
call this fud but i’m moving my position (from another popular stock which i will not name because that community is toxic) and putting it into shib.
woof woof go shiba !!
dogecoin community looking stupid right now lol
holy shib, who art in heaven. money be thy name. thy kingdom come. thy will be done. on bitmart, as it is in heaven. amen. may shib and good profits smile upon you all
we gonna eat a zero for lunch mmmmmmmmmm yassssss so happy my fam
lets goooooo we crashed it!
crypto.com is not working either
is anyone else getting the shib is not supported by coinbase?
i think we’re taking a bite out of a zero boys- dig in
coinbase is broken !! shib army !!!!
just crashed the whole market lol. so no big deal doing the same to coinbase kekw
i know now how broker feel i wanna fuck someone and kill someone holy fking shit i need drugs
crypto.com unresponsive too. what did y’all do?
why would you sell hodl and buy
this is indeed amazing to be happening!
buy the dips guys. sell off was manipulation. don't fall for it
my buddy randomly texted me asking about shib. asked if he should throw a honey at it. i said fuck it if you do i do
is it a terrible idea to buy it now?
fucking bullshit. coin base. fucking hell
wtf is going on?! both coinbase and crypto.com are down. edit, crypto not entirely down but going really slow for me. edit ii: ok crypto is now down completely.
crypto.com thisabled all buy and sell options
the market cap is so close to flipping doge. let’s do this! to the moon!
looks like most of the servers crashed simultaneously. it hurt momentum and cost me 2k. feeling a certain way about that…now we need to push like heck to get it back.
crypto.com is down whats going on with exchanges?
wtf my crypto.com not working anyone else with this problem
the power of the shib compels you!!!
we about to cross doge
shiba is going to be the most important coins after btc
i’m cumming, shitting, and throwing up rn
in india here ... i'm waking up to 8000 ... someone slap me or is this a dream
i’ve turned ... yea jfc this is wild af
lfg! tits jacking in full effect !
christ is the way
like gme all over again, we get shut down in the middle of a huge pump...this is criminal
this is what happens when you give a bunch of retards shitcoins.
voyager is down. typically when this happens a big crash will follow since trading is halted.
is coinbase restricting trading?
yeah dude i just got a ‘we’re having connection issues’
gonna need a bigger piggy bank!
fucking bananas bros! we holding than we get our fucking yachts boys!
crypto dot com is broken too
fucking crypto.com got fried
i almost shat myself at work and i might still
don't use jesus name like that bro! hodl
we crashed the system...no app i've looked on has the sell button lmfao
coinbase is on planned maintenance
crypto.com is broken lol
there was an extreme push. on webull it jumped from 79 to 84 in milliseconds then the numbers stopped moving for a minute. then it came back on at 82
now dropping like crazy
fuck that zero from both sides
i'm trying to convert btc to shib and coinbase is unresponsive
this systems are getting overloaded. they need to put in more servers as they get ready for all of us to be traveling to the moon.
i’m not selling! am buying the dip!
nothin can stop me i’m all the waaaaaay up
it's the big guys shutting us down because we are mooning! so unfair!
wish i bought more than 3mil😪
cannot do anything but watch...everything is so jammed up
crypto.com is out, coinbase is out… binance seems to be in play, lol…. if i didn’t have a everything in locked staking i might be upset 😂 but now i feel like a true 🦍
guys i hold 211mln, was at 13500€, i sit for eating roasted chestnuts looking binance, in literally 10 minutes the balance of shiba goes to 15500€ my mother who was near me is still stoked ahahahhahaha
is anyone else’s coinbase app being really weird?
what's happening? i cannot get into crypto.com
who bought in at 88! much respect ✊
everyone enjoying our ride to the shib launchpad??? this shit is about to get real 🍻🍻🍻🍻🍻
we're so close to eating a zero!
i'm shocked. shibaswap is not working for me and gas is a killer.
anyone else not even able to get on their crypto app?
the game is corrupt…lol!!! hodl
[crypto.com]( and voyager are also down.
crypto.com app is not working for me !!!
i added %, this morning. apparently this was the way. 😁🤑
guys please use binance instead of coinbase, you can convert coins with no fee and it also goes down a lot less than cb
any bodies crypto.com still not working
coinbase app is working on my phone now, but not the website. which is fine for me i suppose.
let’s go jesus johova allah space men shib god. doesn’t matter let’s keep creepin to the heavens.
damn. well too much shib being bought
the hells going with the price? it’s all over the place after the coinbase crash. anybody else see a price you believe to be correct?
is crypto.com down for anyone else?
is anybody else receiving a lock out message for crypto.com??
whats with the ten point swings right now?? while coinbase holds the buy price at .000085...
i cant login to crypto.com ffs
they tried to crash us, but our community is too strong! 🚀🚀🚀
voyager is back up and running, down for about 20 mins
coinbase crashing. i'm out. shib just bought me a new car.
attention!!! i have ! the second one of you idiots sells, i’m buying your coins!!! sincerely, the shib shinobi bandit🥷🏼
just bought 2million more! lfg!!!
we are going to the moon turn up
let’s eat another 0 boys
lol i thought it was only me. i believe we broke it.
guess we're knocking out 0... will be down to 3 zeros
i could demonstrate what is happening to the cpu's at the exchanges by using a snowball and a blowtorch.
just a request only, please don’t use jesus on this. no jinx to shib.
don't use the lords name in vain please.
can this keep going? i'm getting paper hands bro!
the only thing im afraid of is big correction
i just bought another 10 million coins. am i doing it right?
and hodl! let’s fackin gooooo! buy buy buy again! let’s fackin gooooo! coinbase is back! 💎🙌🏼🚀🚀🚀🚀
some are selling off. weak hands can only hold small bags. im watching my portfolio go down 3 k since ath, still holding cuz my hands are stronk as frick.
i think we broke the internet.
i'm pretty strapped but i just timed a -.00008 moments on my screen :d. hope i caught it in time but either way
seriously with your message. i bet no one takes you serious! ever!
i know there’s strong rivalry between doge and shib, but take profits now. you don’t want to be a bagholder. you’ll probably just tell me to fuck off, but yeah, i’m just being a good human. excellent performance today btw - doge holder.
please don’t post violating god’s name in such a way, sir. it’s blasphemy.
mine too. both coinbase and pro
crypto.com is being a lil bitch too. ahhh! want buy more doggos.
next time just buy shib and hodl. you do not wanna be a hindsight 2020 victim and wish you had.
can we get a daily chat ffs
coinbase and crypto are down right now
coinbase is really laggy, could be the weather to (i live in the northeast us so hope that explains it)
my crypto.com app is not working
just hit .00008!!!!!!!! let’s go!!!!!!
shibarmy: oops. sorry, coinbase!
voyager is down, can’t even login.
people prob selling. hold the line y’all!!
yeah coinbase took a poop
i got a ‘we are down for maintenance, try again later’ ughh soo frustrating
it’s broken coinbase 🤣
why the fuck is coinbase crashing?!
we passed doge boys!!
i just bust a nut
bro too the moon
shibs army are going wsb gme on this,it’s getting serious
hold hold hold be strong friends
.8 and coinbase is down wtffff
it’s working on the desktop version!!!
i got in 3 days ago...wish i got in 3 months ago...but so far i like it
so i am not the only one...mine is broking!
fuck cbp for crashing every time we are getting close to beak major barrier!
this is gonna cause a panic and huge dip. lol
crypto.com and coinbase both not working
i have on orders pending to fill on cbpro... bullshit
oh my…… i’m not going anywhere near a buy….
wow i am amazed!!! looks like we are getting rid of a zero today!!! 🚀🚀🚀🍾🍾🍾
keep buying, if coinbase isn’t letting you buy, then buy on kucoin!!!!
good job guys, you broke it.
once it dropped back down below 8 everything worked again
dick's harder then the eiffel tower 😈😈🤘
stop trying to sell people!!!!! messing up the fucking flow. crashing coinbase.
relax ppl just enjoy the ride
i'm loving this 😆🙏🙌👍
my heart is racing
my favorite nft art
so like guys,,,, is it too late to buy!? lolzz
shib is giving me zeros
coin pro is up. at least it hasn’t went down while i’ve had it open all day. voyager i can’t get open and coinbase is not letting me convert anything to shib.
crypto.com is crashing too
it’s back up now
crying because i had to do account recovery and my account was in review. won’t be able to get back into until probably tomorrow at noon 😭😭😭😭😭
yo! what is causing this surge?
broken it not to the moon🚀
i’m trying to sell my shib for taco bell
coinbase broke due to the vol on shib !! its insane whats goin on today. at this rate, .01 is not far
coinbase down!! we’re burning a zero fuckers!!!
all aboard!!!!!!!!! next stop the moon!!!!!
just put in ...
the euroapes are gonna wake up like holy fuck wut doing shib?
iam having a hard on after 18 years of marriage this crypto is getting my harmones going on fuck
cex.io nearly dropped a zero 😬 🚀 🌚
i feel like i'm on the moon already.
how can she slap?!?
webull is working now if only i did not have to wait days from transferring money to being able to buy...
they can’t handle the shib volume, though. wait until shiba getting close to that .01.
nothin can stop me i’m alllll the waaaaaay up
our lord and savior. no stop selling. we got a wayyyssss to go
lab people and my boss had me help them setup webull accounts so they can get on shib also! let’s goooooo
binance is still good, but is not allowed in the us, thank god vpn are still a thing
even my opensea is broken
cant belive what is happening!! shibaaaaaaaa!!!!
guys it’s ok. most apps are down because people are jumping on this shiba money train 🚂
can we dip pls i wanna buy more but i don’t wanna destroy my cost base average 😂
voyager broken too... they are all broken
it's definitely slowed and barely updating
let’s eat boys!!!!!! 🤑🤑🤑
i desire more zeros nomnomnom
fuck it i’ll buy another 2mil
just bought 100 eur worth shiba half an hour ago, lets goo
it hit .00007651 mine still works!
dont use the lords name like that brotha!!!! shiba to the moon!
what is going onnnnn!!! let's go.
what was with all that chop on coinbase? my 1hr was flipping out all over the place.
.75 cent to bet . hodl long 🚀
be cool, fam 🐶
set my buy position at 5050, i think it will wick down really quickly and then fling back up again.
momentum is an amazing concept.
it’s probably because i’m staking mine on crypto.com
crypto.com is broken for me.
cause it’s wabbit season🐰
ok coinbase. stop fucking around
coinbase still not working
wtaf is going on
mine is not working guys
dude i almost had a stroke when i saw it drop instantly like that... jesus...
hard to believe that coinbase and crypto . com are both down for maintenance...
your post sums up my feelings perfectly.
coinbase, crypto.com, shib army is too strong we just crash it all, we go over the moon and most importantly will not back down.
robinhood is that you 👀?
market cap jump in hour 6bill+ ...woooow
fucking hell. coinbase is back. all my funds are on orders that do not exist. fucking awesome coinbase. ass holes
did coinbase forget to remove the cap from the glitch shiba had on day1 on cbpro? remember how it was trading 700% higher than anywhere else?
can anyone help me unstake from shibaswap using trust wallet already tried 3 times and keeps eating my gas????
do you guys think this is a pump and dump or shib has potential to keep growing?
i’m going to pump the mrs doggie style!!! woof woof!!!
hold the line! they want you to sell! don’t panic!
what’s the best way to buy more? i have trust wallet and those eth fees are crazy!!
this is true hype. built by a community!
well, thanks for the life-changing october everyone.
did a bunch sell and that’s why it’s going lower?
well i do not wanna toot my own horn, but i've been streaming the spotify burn playlist for 12 hours straight.
so many other words could have been used.
some would say that crypto is like a commodity. not only that but, mining aside, it is still not within everyone's reach to buy (there is a scarcity w), sell and convert crypto, and in particular shib. my point - there is total logic to the rise of shib just by this alone. imagine what will happen when it is allowed as tradeable in nyc (it is not right now and i have to use coinbase wallet to buy (and believe me i did)) or when robin hood adds it (they should add it now under their present model vs. waiting to do it with their wallet imho). this shib got a lot more steam and pop to it.
i cannot sell it anyways i got it locked up collecting i interest 🤑 big brain moves
trick is to convert to xlm and transfer in and out of apps. xlm only charges .01 or .1 xlm as a fee to transfer around wallets.
your welcome :) 🦍
congrats boys, we broke the internet.
it’s the people’s coin - from all around the world!
i dropped , fuck it, let us go!
just fucking hodl people!! im sure it’s tempting to sell for some solid quick cash but this is just the beginning! it’s the difference between a great pay day and life changing wealth!!
yes my son, you called?
anyone know how much has been or will be burned?
how much has been burned? anyone know
i had to take all my shib (32 mil) out a few weeks ago to pay bills and now my heart is shattered
surpassed polka dot bruh
i’m so happy for all the freakin shib hodlers. this is so awesome. 😂🚀🛸
whale, whale, whale, what do we have here? another surge... paper hands go in the shredder.
big dip just now
just thrownanother 100 euro in it. fucking coinbase is limiting my card purchase now. i have to make sepa transfers
who is that are you speaking of bigplaycrypto‼️ man me too he’s a god
not classy at all…very thisrespectful to christians
do you really need to use the lords name and curse him? seriously? enjoy the benefits of increases without the misdirection of slander.
fuck, sold too early.
congrats everyone! take a percentage 👌 riding it back down will break your 💖
i was on a meet earlier today and even these old folks, mostly physicals were buying shib 😂 i did some recruiting for the army, they weren’t too happy about the gas fee… we’re in new york so we couldn’t buy it off cb unfortunately. but if you must kn what’s pumping… the army is growing of fomo 😂
some whale bought 300 billion shib
i believe this is due to the fact we are a shitcoin and accept ourselves as one. therefore your typical day traders and shorts are keeping clear expecting this to just be a bubble… but in actuality we are just left with diamond hands and fomo.
**this is the amc of crypto baby!!!**
awesome can be awful, but terrifying can be terrific.
this is craziness! i am so terrified to put a single dollar now
...it is all going according to plan.
this like going balls deep - electrifying but risky
been in a youtube chat since last night , saw the first pump from 45 to 55 then 55 to 64 and everyone was working together it was incredible...whales would sell and when they sell we buy and would hold the line and skyrocket...its bringing a tear to my eye!
i'm definitely feeling a rollercoaster of emotions xd it is like we're on watching
diamond 💎 or triangle rocket pump in half an hour, get ready!!
this is the power of the people uniting.
everyone is selling their other coins to get in the shib rush.
shhh its ok just let it happen
i personally think it has to do with being listed on newton. is a fairly large canadian trading platform that just went live with shiba today… it’s also one of the only platforms to buy usdc in canada as well.
new punters to the crypto scene still think it’s cheap i agree
relax dude hold hold with diamond balls to get rich do not back out and the opportunity to make f*** you money
this shib is gettn serious!! [
hold the line buy the dips. we’re going to be so high by december
i would of said no way, yesterday. but man we just might!!!
just ate a zero in canadian dollars haha
it ate a zero in singapore dollars. haha
already did in canada
fuck that i just sit in it
hire a maid to constantly change diapers lol
yes buy in at ath!
you and me both fellow shib!
mine too. what’s he’s doing?
crypto.com has joined the broken. the app had no problem 10mins ago.
oh no! our coinbase! it’s broken!
mine is too! i thought i was the only one.
i can’t get on coinbase or voyager
coinbase is getting hammered
binance is my backup
mine says "this asset is not supported on coinbase"
mine says “maintenance in progress”. fuck that!
works again ! but can you believe shibarmy made coinbase crash for a second? ;)
seriously i was wondering if it was me, but i think shib is not just eating the zero lol.
here toov coinbase just crash on us lol
prob hit .01 we cant see it waiting for the dip to bring it back online
coinbase and crypto.com are have issues keeping up it seems.
mine is being really weird and having a hard time saying things can be traded. hell it’s telling me bitcoin isn’t a supported asset rn
me too and newton is also down. shiba wreaking havoc!
scheduled maintenance in middle of trading day? looool ... yea ok... coinbase crashed or didn’t like the bull run. scheduled maintenance is a straight lie... you do maintenance on minimal impacting trading times... not in middle of a weekday on heavy trading:. smells fishy crypto.com just straight up got crushed under the trading volume i suspect.
it breaks when it hits ath then it is down when you get back in
i'm guessing a ton of people are converting to shib, or selling and buying shib. that's why everything else is down and we're mooning. if everyone i'm this sub buys 8k (at current level) we'll run out of supply and moon like crazy
mine too. the site is too busy. we broke it. 🤣
all you paper hands tryin to sell why do you care right now? xd
i put i limit buy order on the pro app and it thisappeared. the moneys there but no order showing
these apes want bananas! b-a-n-a-n-a-s
me! i wish i bought even more at that price point!
holding since 0,000005 ;)
so freaking glad i chunked in hundreds at .000008
looks like it will be here sooner than expected if this keeps up. we ain’t even on robinhood yet
i swear to god man! lmao it’s a good feeling and “problem” to have though. i just wanna fucking live man and not have to spend my life working.
a bunch of us already did ;)
i converted all but my doge!!
2012 here. old mt gox account and onward. also never seent anything like this! wtf is this spread for an hour at ath! cray!
hodl. get your 300k and then some.
i would imagine it’s because the whole world is trying to buy or sell, and the exchanges just can’t handle the volume. not sure.
all the exchages crashed
dude or duddette, use binance and transfer money in through monzo if you can’t with shit banks like fucking natwest... yeah im calling you out natwest come at me
lmao this is a part of life in trading, nothing is perfect.
not if you can afford to sit on it for a bit. just don’t buy in expecting to get filthy rich right this minute
shiba inu became pittbull inu
for a brief minute there we flipped them
please get your people to invest my friend while usa is asleep... (indian voice) thank you come again! 🤪🤪🤪
phone rings... this is storage box! are you happy with your crypto service?switch to shiba now my friend... rofl... 😂😂🤣🤣🤫🤫🤫🤫🤫🤫 just busting your chops buddy welcome to the team!
great article! thanks for the read!
no, it’s just a small correction 😊
your coinbase fucked too? chart looks all jacked up?
their website is hosed also.
everything's crashed. i'm following the price at [ like an animal.
the coinbase app is oscillating wildly on my phone but showing no lower than .000076 and no higher than .000081
ok wow. the website just started working for me and it says .000084
you shut your whore mouth and hold good sir
i did \*not\* catch it in time. .0000848. no regrets other than only having the 15 bucks to spare lol
it's only blasphemy to the person who believes it is, otherwise it is just someone else speaking words. otherwise maybe you should stop eating pork, cuz it is blasphemy to someone else.
god damn i hate when religious people try to force their religious beliefs on you. you can hide the post if you do not like. jesus christ.
the beginning of a wild ride. buckle-up, baby.
happened to me too. took a while for it to show up right, but it eventually did.
i guess you gotta do what you gotta do. but you're still here with us and not too late to get back into the shibaarmy again!
by that logic eating bacon is thisrespectful to muslims, get over yourself
can someone ban this user? and report this user?
scammy mc. fuckstick , go away!!
what fuckery is this...?
i buy xlm from coinbase and convert to usdt on kucoin to get around the high gas. i’m also in ny
oh i got my whole entire dealership got in 😂 about 20 ppl today all about 2k-3k fomo buy
you could if you use a vpn... it is an ip restriction
how did they buy it? i have webull that i made when i was stationed in ky so i got lucky... but when i tell others about it i don’t know how to buy it besides webull😂
this. somehow all the boomer, part-time, investors like my half-retarded stepfather somehow learned about and is pumping money into shib.
bitrue has it also i think.
gas fees? it cost 38. how often are you moving?
why would you subject them to scammy eth fees when pancakeswap is available?
hey bub, i’m a human being, don’t call me that.
dang son, he need help holding those buckets?
let's hope they burn it
how is that a whale? that’s literally like 250k or less…
my ex was a whale.
shitcoins do not have their own ecosystem, coin swap, nft's, and layer 2 blockchain along with numerous partnerships and 43 exchange listings.
what is fomo. for us uninformed
amc sucks this is the nok of crypto
not new. just got on the excited train this afternoon. been in since en of may so not a veteran but not a noob either. thanks though i appreciate the community support
great coin never meddum
dang dawlg, i didn’t expek yo see y’all here. water weed dune bappa
another redacted… best brainz for the arts
couple of hundred quid maybe lol
so excited for the morning lol
im trying to convert my doge to more shib!!!
mine is not letting me trade
i had a buy order in, it wouldn’t let me cancel it, and didn’t fill it when the price hit it… damn
the exchange app still going but crypto.com app is down
the volume is insane right now, shib is crashing exchanges.
seems to be fixed mine was bugging out too
wow that just shows the insane volume the dex can’t even keep up...
crypto.com is just ensuring that i hodl. like i would ever sell pff.
it broke for me too was hoping it was not just me!
voyager is back up and running for me
well... you do not own anything on webull
i just cashed out 10% so i'm all profit from now on with nothing to loose. wanted to send from binance to coinbase to bank and coinbase wanted 700kshib /~. realised binance supports fiat withdraw and it cost 12k shib. what a joke coinbase is.
fuck i left robin hood for this reason! con base wtf i better get free trades no fees
mine does too wtf is going on
a second? it's still down.
trying to get rid of this doge for more shib edit : lol doge goes up 30% like 2 hours after i sell all for shib and i still don’t regret it.
i hope all of you get your 300k and then some!
still unable to access
so if it’s at .000078 like it is atm i’m assuming it will still increase even tho it’s recently gone up so much already
shib is the way to go. eth based token. c’mon it’s a no brained! if it holds this as support and consolidates and the tokens keep burning, mother of god we are all going to gain so much profit. good luck to everyone!
my whole family has invested knee deep ... i convinced my mother ...taught her how to buy and sell ... so yes i hear you ...long live shib army
no worries. it really pinpoints shib's main ecosystem and how it will burn its total market circulating supply.
you right... i bought 500k more shib shortly after i originally posted.
while i don’t agree with you completely, i absolutely understand and respect your position, my friend. thanks for not holding any grudges for me being on a high horse earlier. you’re really cool for that, man. you’ve got a good heart.
i am though working daily on developing my ability to better see eye to eye with people.
hey, man! if you ever wanna know more about my beliefs, i invite you to visit my church’s website: thechurchofjesuschrist.org. no strings attached, just a friendly invitation that i wanted to extend to you for being kind enough to not hold resentments.
you’re awesome, man! that was really cool getting to know you. that invitation stands permanently, my friend! i bought another 1,115,000 shib tonight. go hock a kidney. you won’t miss it when you’re in your learjet!😉
it'll be back. i'm in limbo. at least i was not trying to sell.
i feel like an idiot. thank you. i already have coinbase. only cost me like
you don’t eat bacon on reddit. you do text words einstein. perfect example of bias….every category of human life is protected from being “offended”, but let it be a christian. and you’ll quickly see the f you’s and get over yourself come out.
that's the exact same thing i do! sooo much cheaper, i wasted a ton buying on coinbase wallet months ago. but no worries cuz i've been well past my average :d ny has dumb crypto laws...
aaaannd this is why i always hold xlm...
i believe cb segregated all ny residents, they cannot buy certain crypto… i have tired the vpn method, didn’t work for me unfortunately.
coinbase probably the easiest for none new yorkers. kucoin, bitmart and webull need usdt wallets that i know of are atomic and coinbase wallet. we need a sticky on this sub on how and where to buy shib!
there's a joke like that, where a guy overhears two girls talking and says, "cool accent, are you ladies from scotland?" they're annoyed and say back, "it's wales you idiot". so the guy apologizes and say, "sorry about that. are you whales from scotland?"
sorry mr. whale, sir
but i love whales
when will you sell
as long as you are a believer i don’t care what you call it
this! shib has potential for gaming, art, and defi. i have tremendous faith in what can be achieved when a large group of people are given a powerful tool for solving problems.
yup. i ain’t even made at the cap volume. lots of people are going to lose coin. still got plenty left for staking and maaaaassssive adoption on a global scale. this dog has potential.
it stands for “fear of missing out” my friend. never be afraid to ask 👍
what, feel like you're missing out?
nawt ah draw b
talmbout growlth, b? tits are jacked bapa. great coin, never bawt it
now you’re keeping it real. we appreciate that. party on garth!
i have 200,000,000 in the game, i am just praying it does what doge did and get into the few pennies range.
im trying to mate my doge with a shib!!!
i dumped all my doge for shib at .0000078
mine either. says some payment bs and i can’t resolve it
coinbase was too a little earlier for me.
true true but what can yeah do when coin base gives up on you and webull is like a stock for a coin that wont fit in your pok... it
guys it is down for scheduled maintenance, calm down.
never assume… this is crypto… it could bottom out to .00003 in a matter of minutes if the whales decide to take all of their profits 🤷‍♀️ highly unlikely… but it’s possible. wait for a decent dip… it’ll probably bounce to .00005 or so before the next good run i would imagine, but i’m no expert by any means
yeah talk to his many indian folks as you can cause i hear you guys are pretty big over there. i remember when yall's richest dude is making these islands on the beach in the shapes of the united states and the world and selling out these little islands that are completely decked out with beautiful homes and some of the islands only have one home. all man made an absolutely gorgeous. selling them from millions of dollars a piece.
oh i'm very familiar with your church but thank you. i spent a lot of time studying different christian faiths when i was younger and very nearly became lds myself. ended up being evangelical for a long time. bottom line now, i do not believe any version of it. but i hope it brings you comfort and i wish you well.
oh you mean like how christians are all like, don’t be such a snowflake until they proceed to be snowflakes? get over yourself, snowflake. christians want freedom of religion until anyone else does too.
yeah i don’t understand why lol idek what the coinbase wallet thing really is. which is the only way for me to buy shib on coinbase. so i just stick to the old methods lmao
yeah, man! i got burned hard on buying with coinbase wallet! i lost , and converting your currency is impossible because the ethereum fees are always more than your coin!
would you mind explaining how this works to a noob who’s in nyc? the coinbase wallet gas fees are cray and i’ve been wondering if there’s a way around them
ahh, they probably classify accounts based on the address on your id... i know with kucoin and binance you can get around restrictions with a vpn same as trading view because they are a non us exchange... it is ignorant that cb would limit a single state from trades considering its a decentralized currency being invested into... meaning no one should have control over the funds and who should be allowed to buy. hopefully the restrictions get lifted for you, that really sucks
not gona lie i dropped my phone in my face laughing at this lol
maybe in a year or two
i’m selling at any point after it passes north of .01 a dollar would be ideal 20 costs would be nice too, but i only out in 509 buckeroos and i’m currently at like 2700 lol i got no plans to pull out and miss all those possible gains over a few thousand bucks lol
i believe it was a typo. i think it was meant to be "shibcoin".
wow! thanks, captain bloody obvious!
yeah few more zeros off you will be rolling in money !!
shiba is anally raping doge bruh
im trying to mate with a shib!!!!!
the shib is already fuckin your doge,nvm
i'm saying... if it is shib, which will collapse with fiat, webull is a great option because the clearing house will cover your ass. it's not decentralized. shib really is not either but i'm gonna get banned if i go into it. webull is great for this trade
‘scheduled maintenance’ during a pump... how convenient
yooo lol we freaking out... i got thousands of usd on the line
you make no sense. run for office as a democrat in congress….you’ll fit right in.
omg that was an awful time lol... i forgot about the eth conversion rate. i guess my mind wanted me to block it out hahaha
yeah, no worries. i'll put the short version. if you need a longer version i can walk you through, too. 1. buy xlm on coinbase (lowest fee, may be others but this one is easiest for me. also, people have told me that it is an even lower fee on coinbase pro) 2. send it to your kucoin app 3. sell the xlm for usdt 4. buy shib with your usdt on kucoin 5. hold :d
indeed. i believe you are correct good shib fellow.
stay safe kids and always eat your greens 🦸‍♂️
my main play is amc and gme but my pups doge and shib have always use done good for me. i just want to move to alaska with my fiancé and live off the land.
i just was throwing out a quick solution. im indifrent to be honest... im still kinda on the crypto is a goverment conspiracy to steal money from those who dont trust the banks. but from what ive read on it it seems like xmr (monero) is one of the ones that is really trying to tackle the privacy issue yet it doesnt get much traction in the headlines.
very convenient, they seem to go down for maintenance whenever there is a shib pump
yup it’s so annoying
man, i’ve got ! coinbase wallet sucks!!!
thanks—i wondered if it was just that straightforward or if there was some other alchemy 😂 i’ll give it a shot and hodl!
nice :) good luck i lost £26,000,000 in doge i lost my private key i had like 50m coins in the wallet it wasn’t on an exchange it was done on the website like 7 years ago or something
yup always it’s almost like pre planned lol... you don’t schedule maintenance when volume is insane, you do it during the slow times... this was planned
you coinbase im gambling with 105k and this is what i get
you lost 26 million pounds? serious? i am crying for you mate.
you want to pump and dump us small guys
yeah was only a tenner at the time but yeah not great
no i’m in this bro 😎, i was small guy too in 2012 right before i got into bitcoin for a school project lol. i’m holding. watch my dumbass 17 yr old self loose all this shit.
props for getting in early
i just want to give my mum everything shes always wanted. i do not need a lambo, i just want her to pick out some nice kitchen cabinets and get the roof redone. (oh my goodness thankyou for gold mysterious gold gifter)
just ordered 3 million more. i’m at 62.3 million now
i'm about to just buy 50 bucks a week until i have a trillion of these then set a new goal from there lol holding 27 mil right now :)
i think its stupid not to buy some of shib. i got safer bets... but this one is not that crazy to buy. they got some plans ahead
i have 69'420'694.20 shib and i do not want this number to change... ¯\\\_(ツ)_/¯
i’ve made 12% profit today so i ain’t complaining. wish i had more money to use to buy
i just bought in yesterday! hope it’s not too late to join the shiba army. got about 75 mil waiting to go to the moon. hoping to becoming a millionaire like y’all ☺️
you may say i'm a dreamer, but i'm not
maybe with 3.5 - 6 billion - hodl!
add to my position each payday!
yet another pointless post 🙄
i would change my town if...when it happens.
very solid graphic. we’ll done.
sitting at 190 mill.
we just need shib to eat away 2 more 0's
i can’t wait to redo my moms kitchen and bathroom. that’s all i need and then i will just save the rest ❤️‍🩹❤️‍🩹
lets roll. i have some church buildings to buy.
lost a few million pups of my own stupidity but hundred thousander dont sound bad either
all i need is enough to reroof my mom's house it is an old little house maybe raise the floor in the one room that used to be the garage so she does not fall she is 79 and i want her not to worry where i get money to pay for her stuff thank you shib i hope with this awesome community we make everyone's dreams come true.
get them while you can
please thank you x
everyone hold !! let’s se if we can make it to .00004!!!
where is my tokenomics? where is my reflections? shib is not giver reflections on any platform and not on thiscord, nor on any other platform no one would answer any question regarding the tokenomics. this is a big no for me
... with zero graphics design skills
hope all your eggs aren’t in one basket
what plans do they have?
buy on another platform until you reach that again rinse and repeat :)
use the 12% profit to reinvest
tired of these fools shitting up the forum with their retarded zoomer emojis. makes me want to sell just to thisconnect myself from this.
shills need to chill w this garbage
gotta keep the fellow cultists invested otherwise it all goes down the drain
yes you right we need, but we do not need it to be done today, tommorow. its a long term vision, by increasing of number of holders, trying to support burn activities we can speed it up a little bit ;) check and join r
you have the internet. why do not you use it? "my tokenomics", "my reflections." the entitlement is off the chart.
lol hell no its fun money
gaming and nft. did you buy some? its not to late... still shy of 30
yeah, also thought about that ( ͡° ᴥ ͡°) but first, i need to save a little bit more money i'm again willing to "throw out the window": i only invest what i'm willing to lose ☉ ‿ ⚆
please do so we dont have to read your shit anymore
🤣🤣 i did, every information says that there is tokenomics applied, i bought my shib on bitmart, and no tokenomics there, so i moved to tw, no tokenomics there too. so if you know something share, otherwise stfu
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **69696** times. **3.** `u-poem-533` **23802** times. ... **41700.** `u` **3** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
i hear you there! glad you are in it to win it!
lmao all the moon boys who have zero understanding of crypto works are pissed. no shit coin will not be hitting .01 tomorrow or in the next year.
it's like the youtube retards.
love it when negatives make such an effort to post their crys & it gets hidden
now when we drop another 0 we can do 69420
humorous for sure ... but please do not let go. or take profits yet... corrections will come but new levels will stay... so stay on board
it keeps on going up. unbelievable!
your .00007 is my £0.000051 push!!!
so musk was talking about this,
thank yall so much for the awards! i didnt think this post would gain attention so fast! this community is amazing ❤️
’s fackin gooooo 💎🙌🏼🚀🚀🚀
lmfao i was sitting there trying to take a screenshot and i missed it. brilliant. shib army to the moon.
do you think there will be a correction soon?
n... wait for it... ice! nice!
it’s a gang bang
i suspect someone knows what is about to come.
another sign to buy more 😈
noice! lfg! 🚀🚀🚀🚀🚀 cannot wait for 0.001! ia
some how it went to .0000805 on webull for a second and drop back to .000068
can someone eli5 what a potential correction is, means, does for us looking ahead?
aside from all the “nice” this was my biggest concern with . the amount of internet memelords who would have sold at .0000696900 greatly concerned me... but all these holders are better than just a cheap laugh for a meme. 🐕🚀🌚
nice ( ͡° ͜ʖ ͡°)
.00007. is next, they call me inu……shiba inu
that’s sexy right there 🚀🚀
is there a way to find out how much of the supply is staked? the reason the price is only going up could be because a bunch of the supply is staked and people literally can’t sell just a thought i had right now
someone wrote nice? ... nice
everybody’s going to get laid!
sir that is a very old price. we've moved on. i remember those days like it was today.
holy moly this post has gained alot of attention, the shib army really is quite amazing ❤️ i love all of you beautiful people
this cannot be good
yaaaaaaaaas, more to come celebrating every time zero's gone <3
im all strapped in... launch baby !!!!...launch!!!! [
i'll be impressed when it is .6969
classic *high fives all around
0.00007 here we go 🚀🚀🚀
rice to the moon!
lol at the amounts of “nice” replies.
the nicest thing about my post is all you amazing shib hodlers
what happened. why did it inflate so much?
how long did you sit there and wait for that?
going break in by the weekend. .0005. 🚀
all i’ve seen today are big green dildos!
just broke 70 and climbing!
funny how outdated this post is already...
lol……where you waiting for that to happen
i tried posting that same pic and got the boot on another crypto thread😆
cant un see my portfolio from morning :d
we're shedding a zero boys. 8250. hold it push it up.
this shit is fire let’s get rich !!!
all of alt coin transit to convert shiba
i’ll wait for .04206969
i own three billion shares amd i can see the light , this will be $.01 any day
this is the nice.
4 figures before that 0.01
nice (like the french town)... super nice
now we just need the token value to go to .69
need it to be .6969
nice!!!! i tried to capture my shib total price hit .69 but it never did 😩 the best i got was .47 so close but no cigar for me.
now, if bitcoin would just go back up some and i will be happy as fuck!
this was worth it... this right here. the nice chain on .00006969 perfection. thanks guys an gals.
wake me when we hit 0.69
when i get to work i always put the temperature at 69*
why the plunge from 88?
i had profits of 1420.69€ yesterday - nice
bery nice kill zero soonest….
shib forward 1 cent within 3 months .
i have 1 054 754 shiba what do you think ? when i’m gonna be rich 🤑😆 ?
you all have been warned to leave shiba. it's a fantasy and wishful thinking you will make any money out of it. the red queen warns you you are risking losing all your money!! cardano is the way!!! red queen: you're all going to die down here.
calling all shiblers! doublin event for shiba inu is live do not miss it
very nice!!! (borat version)
when we drop another 0 we can pay other people to do stuff.
yep. i was a bit tempted to sell some, but decided to hold!
this is the way indeed
where do you wanna go i’m game
how do you make the letters big like that? it happens on my comments sometimes and i have no idea how i did it.
yes, it is correct in assuming something will happen. probably should just buy and hodl.
it will be catastrophic yes
i think you should buy while it is still this cheap.
i also would like to know aswell, if anyone has any info please let us know!
it was *nice* of them which is nice!
not long actually, was at work trying to open my coinbase app but it wouldnt open, so i signed into the coinbase website to check on shib and it was the first thing i seen so i quickly got a screenshot
anyone else having coin base issues ??
funny enough i just signed in on the mobile site because the app wouldnt load and it was the first thing i seen lol
i luckily caught it just in time when logging into the coinbase website to check on shib since the app wasnt working
indeed this is the way
🤣 use the hash! ☝️# ’s fackin gooooo 💎🙌🏼🚀🚀🚀
probably remove the word "probably".
it will correct. once it does i'll buy then.
top-end profits are low for the end of the year at this point though. if someone were to buy now then 5x profits would be some time mid-year of the next.
i have 200 million coins staked my stake period ends in 10 hours i’m wondering how many billions of coins are staked
🤨...judges will accept that
the way is indeed this
if there is a way...this is it...this is it indeed
officially has the dumbest comment thread on this post 😂
let’s fackin gooooo 💎🙌🏼🚀🚀🚀
oooh i can do *italics* too 😄
yeah lets gooooo 💎🙌💎
why is yours so much bigger? you must be black huh 🤔 😂
lol people freaking out about a 10% dip today have serious problems reading graphs. we are up 100+% in a week. you need to be able to keep your feet planted if you’re trying to trade crypto for big margins. anything, even stonks, have ups and downs. i was more surprised by the .000035 spike last night than the dip afterwards, today
i hodl 250 million shib. been up ’t sold a single coin. take your shitty ass gains if you want, i’m waiting this out!!
im eating doritos ! having fun with all this drama 🎭. hodl hodl hodl for your family financial freedom
stay calm you’ll rookies
some people got in with their stimmy and need to feed their family i get it...i'm in for bigger things...my family can starve 🤣
y'all need to chill. i bought this months ago fully intending to hold for years until it got anywhere serious. i do not really give a shit what happens between now and then lol. buy it and forget about it (or buy more).
anyone who is selling is a lunatic and belongs at shutter island
go to sleep in australia and the markets up. leave the americans in charge for 8 hrs and it’s down 🤔. that’s why we can’t have nice things.
remember folks, this is just some profit taking. this is healthy, relax. we need it to fall and consolidate for a bit. this will create a strong bench. stop all the complaining, for christ sake we broke a zero and are headed up. celebrate!!!
no asset ever just goes straight up. you had to expect a large pull back after rallying over 300% it’s all good
i just grabbed another 3 mill. tell all of your paperhanded friends to stop selling if they don’t listen punch them in the face
just bought 10k worth do not fuck me fuckers
i just bought more fuck it
it's goin down well i'm getting more hahaha
doge got high cuz its community knew how to hype it, folks here go into doom mode in 3 seconds.
the unhype is real
.001 on the way, just shut up and watch!
here and still hodling ✊🏼💎
this dip seems pretty natural seeing how we ran over 200% in like 3 days 😂 just hodl boys and girls we'll be fine!
who the hell sells now ? 🤦‍♂️
the price is dropping. it’s a win win. we’ve gained so much this week, but the more it drops the more we can buy at a lower price
upcoming catalysts for upwards movement for the trifecta of shiba (shib, bone, and leash): - robinhood listing - shiboshi nft drop (shib burn and leash utility) - doggy doa governance (bone utility) - shibarium l2 blockchain do not sell 4 shit!!!
my ,000 at one point this week. didn’t even think about selling.
just satisfied my craving for some dip!
my mate is up 3.5k a told him to f hold.
i bought 13 million today
the fuck would anyone sell right now? *it's just a correction, it will go back up. fuck it is already still above the high it is been for months now. chill the fuck out!*
i’m just holding so i can see if i can get my dream car and get my ma’s house remodeled
thanks chingon, your shib are delicious
this will still trend up for at least a week. plenty of retail will get the news and buy in
oh i’ll hold. i already accepted that i lost this money when my 100$. now it’s 250$. but i’ll just let it sit
other than because we all want to get rich, why should i hold. what is the fundamental basis for holding? i’m holding either way cause fuck it but i want to hear an actual intelligent answer as to why it should be worth more in the future
holding 10m not much but its honest work
bought more today. i don’t understand why anyone would sell until it reaches way higher.
picked up another 20 million
don’t be the guy that sells everything the moment it dips, only to wake up and see it had doubled again. buy, hold, buy, hold.
all greedy whales and all paperhands. ✊🏼💎
holding til $.01 anything less is not an option
i'm up about 3k on a . holding 182 million right now.
you guys stupid? do you think it’s going to go up and up and up? what coin ever does that? just hold you idiots, don’t be scared of some pullback, like lil bitches
squid game, but if you sell, you die
we will soon 🔜 burn 🔥 another 0
i sold my doge at 0.15, dont do what i did
you are fkjng upset abuse of -30% yet it went up 300% in a week. ...
you wanna be a big dick gorilla? you gotta let that bitch eat. feed it you paper handed fuckers feed it now
i just grabbed another 18 mill
65m shib, diamond hands!!!
these paper hands are a headache
buy some more!! dont be shyyy... come on, dont be shyyy,buy some more
if it goes back down, i’m buying back 10x more
no need to panic people 🤦🏽‍♂️
do not care if it crashes i only bought 100 bucks worth anyways
hodl you soft handed fucks
people get scared and take profits, look at this guy above worried about . lol. as if . log off and come back in 6 months.
keep holding for 1¢
gme all over again, you people do not learn huh?
shib is far from done you have no idea what you’re talking about
i dont care if i lose my investment, this is my only shot and i'm taking it. i did not put in anything i cannot afford to lose, when i think about all the money i've wasted over the years on bullshit.
going down means buy
sign the robinhood petition
so like, my brother had .005 and sold it when it converted to . 6 months later, that would have been ,000. i'm not fucking going anywhere with this because i do not need this money right now.
people that are selling are weak. you guys ain’t seen nothing yet.
hold until .00 trust in shiba!!!
it drops for 5 hours after spiking for 3 days and ppl are freaking out yall chill
this correction will dip till .00001700. this is based on my personal analysis using wave theory.
i'll buy 20 billion shares if everyone buys and holds the line for at least 2 months
,072 increasing hodlers ✊🏼💎
bring all yo hoes and bitches and buy shiba and hold!!!!
i have got nothing to lose, so fuck it - a bunch of guys on reddit
dudes... we were up hundreds of percents... now we are down 27% i would say thats a healthy pullback... so do not pull out
i wish someone would hold me like i’m holding my shib!
i need more shibcoins!!! sell and i buy your coins!!!
don’t be like thomas: sold
if you breed a shiba with a doge, what do you get?
added 650 million more tokens
hold or live life poor forever
this guy is spot on. the whales dictate the price, not us
bye bye paperhands and fucking whales
where’s the haters this morning lol
people so poor nowadays that even 10k is the world to them lmao i’m holding til fucking mars baby
who ever sells your moms a hoe
oh and also give back to my family
if you are sitting on money that you’ve never seen before and that is life changing money for you. don’t be afraid to take profit. don’t let people pressure you into gambling that away potentially
imagine telling people to jump off a coin for going down 25% yet it is still gone 300%+ up lol
or start actually using shiba swap like it was intended
idc if everyone is selling at this point i’m alive outside and dead inside so i’m holding till it hits .00
idk about you guys but went i see a dip i buy
what the hell is the matter with these ppl! it’s simple we hold. all that means is buy glue shib and then go play video games and masturbate till you’re rich. why the fuck is that so hard all of a sudden?!
it could be a penny in 3 weeks if dumbasses stop selling
look…rh isn’t stupid. they see how much money coinbase is making with shib right now. they’re gonna want in
might be whale selling profits and will buy back in once he has lowered price
do not fall for this shit it will go back up it is a slight fall back we need to refill the tanks
holding to my retirement
lol’ll see when it bounced back
dirty paper hand whale terrorists!
don’t sell now at higher haha
guess y’all don’t like money huh?
should i dump 3k more into it?
when are they starting the coin burn??
when robinhood adds it and game launches you gonna regret xd
it’s making me hold harder 💎🤲🚀🌚
buy more guys, buy more, buy moreeeeeeeeeeeeeeeeeeeeeeeee!
it’ll go back up.
aggravating noise that’s how ya do it right there avg down and don’t freak out
i’m gonna take a massive dump when i get home so shib may not have to
just stop looking at if you are stressed about losses. either you believe in the coin long term or you don’t. if you do believe in it long term then why are you worried about the day to day losses?
holding with 11.7 million 🍸
shib is not done, do not sell, hodl you fucks
cashing out now will cost you bigger in future
as far as i am concerned these billionaires are in it together. i’m sure they all communicate one of them dumps his coins to cause a freak out panic sell.
i bought 825,000,000 at the top. don’t be a degenerate gambler like me people.
robinhood is gonna burn a lot
remember when 8m shib cost ? hahaha those days are long gone.
it's healthy to go down, then up again, a little sideways maybe, then way up again, just hold and be patient!! (this is the advice i did not take when i sold a million doge for .003 don't make the same mistake i did)
why keep the damn money in the bank at all
50k guy is in shambles
wtf is wrong with you people it is only 9% down from yesterday.
im gonna buy in once it crashes to where it was last week lmao
we need an ama from the 50k guy
but a part of those people are also driven by greed
the coin is correcting itself
yeah but i can whine
remember shina is also slow burning
i have over 7 million. i do not need the money. i think i'll just leave it. maybe it will go way up one day
it is a community buy, not a pump and dump. i do not think people are planning on selling after it goes up
so remember buy high sell low
ask not what shib can do for you, ask what you can do for your shib!
i will hold the line with you guys
"hold the line, dont give them anything, but take from them everything" - leonidas
if you don’t know how to take reasonable profits than you’re just gambling
i just talked to elon, he said he will keep posting about shib until it reaches .00
for some reason i feel better holding shib than with eth anyway.
i had ,000 gain thanks
i need to make 300k and i’m debt free. that’s my goal
you buy early like me so that’s why you hold
i buy at .000020
im holding till at least 2024 before i sell
and quite frankly- if everyone believes this coin is going to do so great- if you’re still holding 20-50 mil when it takes off… you are going to be just fine.
i'm buying coins whenever paper hands sell their coins. i learned my lesson last year when i sold my doge coins. i could have made a lot of money had i held and purchased more. i'm holding my shib coins and selling 5 to 10% when it hits .19 💎💎 baby
itll bounce asap hodl
shib went up because elon got a new puppy and thinks he’s cute!!! lol
this is going to be a huge dump. see yall
i bought a small bag with money i couldn’t careless about losing, so i just took out my initial investment that way if shib goes down a lot lower, i’ll just buy back in. shib too me is just a throwing a full court shot blind and seeing if i win. unless it’s 5-6 figures in profit i’m not selling. i’ll just going to go back to forgetting i even have a bag of shib till the next run. with that being said some of you need to set some realistic expectations. you’re not going to get 6 figures off a 3 figure invest in a few days unless you’re unbelievably lucky. if you believe that it’ll happen some day, then quit worry about the current charts and just move on about your day and hope for the best.
i’ve been invested in gamestop since the last squeeze. this is a holding game, and i imagine a lot of you here are new to this. hold the fucking line, hold until you never have to work again, you have millions of coins, right now, yes, they might go down slightly, but they’re still up hundreds of % since last week. you need to develop a thick skin seeing the price drop, and develop a sense of “i need to wait to get more money” when you see it rise. if you sell your coins, i’m just going to buy them - you’ll be kicking yourself a year or two from now when we are at 0.1 or 0.01 wishing you didn’t sell at
the second pump is coming 🚀
up 18% in the past 30mins
holding until pluto is a planet again
the only reason the market dipped was cause of billionaires trying to cause panic selling. stay where your at everything will be fine. my ass didn’t sell out i’m happy i didn’t.
i got in a while ago it’s not even worth it to take a little profit i got in planning to hold until .005 minimum
i’m down 40k already and you little shibes are selling like you actually lost big money with your lil 100m coins lmao 🤣
lmao it’s funny to see all these paper hands panicking in here. i got 375million shiba and im about to buy more by the time i get home
doesn't mean we will jump ship, but if you invest and get 400% return in 72 hours its time to take profit and wait for a dip
whoever sells they are the real p.ussy
if it drops i'm gonna buy the dip
looking to adopt another 100mill
i just bought a bit more
so i can buy more :)
just bough 10million more let’s gooooooooooooooo
don’t be stressing everyone, still up biggly, just step away from the charts for the rest of the day
it has great momentum now! buy the dip and trust in other people's fomo!
buying another 1k now
why would anyone sell now
just bought 2 000 000
fuck a dollar i wanna see ’s shock the fucking world
lmfao i love this sub
seriously. don’t sell. chances are it’ll dip a bit more before october becomes a month we’ll never forget.
lmao it’s funny how everyone is trying to be smart azz knowing when it will hit .01 or .
literally on their website coming soon.
this is absolutely stupid selling this now
just stake your coins to build trust if you’re thinking long term
you stake on shibaswap so you lock in its value on what the devs do.
fuck gas fees lol
the spike is done take your gains and reposition
doesn’t bother me, my average is five 0’s 7… we need the consolidation for healthy growth.
i love when the price drops. makes me appreciate the good times.
i need that money go back up shiba or hold the line pls
if you hold the profits will be so much better
i’m not selling :(
buy the dip for $$$
what is the plausibility that it meets 0.001 before december
there are players out there that cut in and out with small margin gains it is the way this works unfortunately, they need a reason to hodl longer and that will come will burn volume reduction so until then strap in for the roller coaster
i admit. my balance was 800 and than 20 minutes later it was 650. i do wish i would of sold at 800 and than bought back in now lol
well…looks like we are going back to where we started
i enjoyed that fomo run. how long until the next one?
once it is posted on robinhood, all the sellers are gonna cry
i have 150 million
this is exactly what happened last time, when we weren’t listed on all the apps. quit this shit
of course it’s going up…
don't trade just hold
just fucking hold. dont fucking sell
who in their right mind would sell rn
buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy buy
hold!! buy buy buy!!!
it’s basic mathematics. buy the dips and hold
keep buying, its going up $$
it’s literally less than a cent you’re stupid to sell now
scared money don’t make money. hodl bitches
holding until after robinhood listing
ye baby that was bottom you still have chance to buy back
money is coming back home
they already burned in august, and they are going to again
here's the thing... once it is officially written that "shib will burn trillions" and it reaches the headlines, it is too late and you missed out
buy the fu*{^*g dip people!
based on the chat, it seems like 99% dont know about a shib burn... and once it is on the front pages (now, after all the attention) it will spike shib again just from the hype alone
428,148,599.168641 mil right now, i'm maxed out though.
i still remember the day, when doge was for something about 0.001... i was sitting on the computer and wondering, if it is good idea to buy this shhh**. then the hype on january on thiscord and reddit, when people tried to make a squeeze on it
shib at 10 dollars by january! 🤫😅
buy as much as you can 0.0000239999
shib is a pump and dump
funny thing is i was going to make this exact same post and then i seen this one so really no need to.
holding with 100mn coins 🦍
the fear dumps are ridiculous
big whales probably dumping at highs to buy lows. hodl!!!
paper hands out there need to just stay away from crypto if you get scared so easily. ffs
i hope it dips even more so i can buy 50 more million
if you look at the charts, you will see we are in an uptrend. 000021 was the lowest dip, now we seem to be holding 000024 as the floor
**come discuss the burn announcement.** **back to .00003 by eod.** **
shib is the "internet people's coin", if you are here on reddit, this is the coin you will be using in the future! steam, apple, amazon, internet, computers, bears, beats
if you are worried zoom out to the monthly chart i’m still up 250% so i’m chillin
fuck the 4s let’s go for one cent
every coin dips before it moons
not selling but waiting for the floor so i can reload.
selling before a year of holding means you give a huge chunk to the government. i don’t like to share my tendies
ada stake only pays 2%
bought more i meant
paper hand logic let me sell my ford so i can buy the lincoln and then 5 years later that ford you sold is worth 1000 lambos
i am not missing getting rich at any point in the next ten years cause elon decides to snap selfies with his dog 72 mil hodl
watching your own money going down in the bank in real time lol
hell even shibaswap staking is much better than that bullshit with the negative interest
sold 30 milly. made sweet profit!
technically speaking this is all still perfectly natural
holy shit so many paper hands. doge took 5 years to get where it’s at.
my brother lost . fuck that.
last time i saw something go down this fast was when my date turned out to be a shemale.
people are gonna do what they want. as for me, i'm holding for the long haul.
i got 30 million for 50 bucks a few months ago so i mean cannot really lose.
they sold out hoping to get back in when it is lower
yeah i knew those bitches would sell
hold your junk in your left hand!
i sold hafe my stuff this morning and now guessing in the next couple days when it sinks i'll use what i sold to buy double maybe even triple back 😉.
do cannot lose if you do not sell
people said bitcoin would never reach what it did. people hated on dogecoin the entire time, doge made millionaires.
i will be happy with 0.001
paper paws 🐾 ruining today
sell sell so i can buy cheapersell now
the coin isn’t tanking you idiots
you guys who are panicking are the ones who won’t reap the rewards, sell now for it to be cheaper so i can get more coin for cheap i don’t care i want the rewards.
good luck guys. your going to need it.
hell even a great project like ada does not have a working dex
the thing about this coin i worry is the price will drop low then the whales will buy it back again sending it high again then getting attention just so they can do this same shit again
yeah i am talking about the people with like a million invested in
to the people coming to reddit for financial advice rn why
we all hope well the ones with diamond hands do
🚀 🚀 🚀 🐕 🐕 🐕 🌕
it’s holding up pretty well at .000021ish
buy now chances are are its going to fluctuate between 22 and 21
but we are much stronger together thant the whales
we have signs of life y’all
come on, stop it. this is healthy. it creates a strong bench for us to catapult off. get used to this all the way up to a penny. if your emotions go parabolic every time we have a sell off, you would not make it to a penny.
i bought about . it’s my first experience with crypto. was watching it rise and rise and i had fantasies of financial freedom if it hit even .01 or even better .3 now i’m watching it drop but oh well at the end of the day it’s a gamble no? high risk, high reward. ima hold
shiba actually feels like a community.
the people who sold are going to be sorry in a year
the aussies are picking up the slack, for the paper hand bitches that created this dump!
hodling 175 million! i am not selling!
14 million shares and holding strong
i bought me another milli today. officially in the 10mil squad now
87 mil and holding... let us go.
ok so you need to hold
honestly, i got my initial investment out. whatever is in there, is in there, and is staying in there
this coin will have low spots, i’ll throw money at it- then take it back out. i’m still around 20 mil.
i better wake up to .00040
i sold my small amount of shib today for a nice little profit and i'm glad. i only had 9m bit honestly i'm glad i sold when i did!
nothing wrong with taking profit if you buy the dip
i will buy more shibcoins when elon musk says shiba is the new dogecoin!!!!
there’s pump and dump schemes, and the hype is what allows them to be that way. if it’s a coin with intrinsic value- it’s going to grow in time. in time. growth takes time.
hell- nobody will even be talking about kishu like this for years.
paper hand bitches are being thiscarded from the ship
nope, only burn was announced earlier, it’s integrated into the merch app
people are fucking weak. selling for . weak as fuck pussies
hodl shit our goal is to be .01 and above
you can’t control shib news here. just elon can.
potty training has also been hard
/\ this guy fucks
tres comma club here i come
rally time. it’s bottomed out. time to load and and ride this mf to a new ath !! retard apes buy more now. hold diamond hands with retard monkey strength
there other side of the pond is up and doing what the americas clearly could not today. everyone on this side decided to take their baby tendies... i bet that it will spike overnight again and when the americas wake up, they will ruin it again
already did last time in may and regretted it so yeah i sold all my shib. i'm over here printing money like the government.
some of ya'll desperate to get rich and just hold pretending like the valuation just comes out of nowhere. you've been played. you guys are the bag holders now. congrats.
put 1k down i’m down 33% i’m holding strong !! hold the line !!!
guys that is trading bots who are selling, that is not paperhands, you can guarantee the people here are holding, as we are on this run until xmas... and no one is selling, the bots sell because bitcoin is consolidating, its not people selling shiba inu, it bots selling because btc is retesting ... and if we get a robinhood listing... any one who sold now, will be broke for ever lol
people want pocket change instead of what it could be. some folks just don’t know a good thing and mess it up for everyone
diversifying is smart. i sold 25% to go find more tech or nft
my shit is still buried and will be buried for a long time. no point in selling it. not until it has real value. granted the rewards are kinda shit not gunna lie. you need billions or more in there to make any difference.
and there we gooooo 🔥🔥🔥🔥🔥🔥🔥🚀🚀🚀🚀🚀🚀🚀🚀
i haven’t sold one shib since jumping on in april. the only exit i see for myself, that’s worth it to me, is holding until .01 minimum. i am not investing with 500k, where i can day trade and take profits daily that may only be 2% but the # is still considerable. i’m sure some people got sucked in by all the hype at the ath and got caught during the pullback with a loss. it’s ok, hold and i promise that in the future you will make those gains back and then some.
just keep buying just keep buying just keep buying
i got in back in april and planned on holding for a few years
holding like my life depends on it. wait it does…
to the friggin moon
i'm holding so i can treat my bipolar thisorder for medication and hopefully get hormone treatments for transitioning
when rh lists shib, does anyone want to do cocaine with me?
dude, whales gonna take profits. all will be fine. i bought months ago at the last ath and watched my bag -80%. doubled up my bag a month later for 1. now i’m in the green.
sell sell sell everyone so i can buy millions more cheaper 😂
i heard shiba will reach .1
we have literally nothing to do with this price movement. up or down. these are billion dollar hedge fund pumps by ai. robots pumping & dumping to fomo us out of other positions.
still following the same trajectory as doge. this dip was expected 😎
wish you bitches would stop selling
people see -5.00 and panic sell
gamestop is shit. shib hasnt even begun
why shame? we are all in the game to make money right? will buy back some when its lower
i want shib below 02 or even add a zero. i saw this coming and i sold my bag (68k) at 033 😎😎😎😎
if you were trying to make a quick buck then leave this is the shib army you never get out of the shib army
took some profit and rolled it into kuma inu, heard others are doing the same. same dex programmers but 100m shib gets you 10b kuma with same total supply. keeping the rest of my shib for next rally.
not looking good... i’m selling!!!
i’m hold my shib like your momma hold my balls deep in her throat…...
we're in a flat bottom decending wedge, these only go down... take your profits
this is why the coin will never hit .01 people see green and sell it’s so dumb haha
lol this is exactly how doge played out... i think a lot of the morons from doge are here too
sell your shiba now for
if you did not shave profit after a 400% increase in 3 days, i am unsure what you are doing
do you guys not understand what taking profits mean
who will burn these trillions of coins? 😂 i will burn 1 shib for every 500k shib burned by y’all. but y’all go first! 😂
invest only the money you dont need
you morons act like your . it's whales controlling movements right now just hold if you're not investing with money you can afford to lose.
i said 000021 was the floor and i am sticking to it. i am all in already
shiba inu has teached me to be loyal and stick to the coin. it gave me diamond hands
this coin will break the limits. all you need is patient
hold cocksuckers hold too many noobs bleeding from paper cuts
hey it’s going back ⬆️
go up you motherfucker
.1 is a pipe dream atm. but it can defo eat a zero
thanks for the pump i cashed out twice my initial investment
sell while you can guys, whales pumped us and dipped.
we are 50% diwn sale while you can
too late lol . sold at the high like a boss
you act surprised this was going to happen i converted all mine to eth and that went up as soon as shib goes back down to the base price i'll buy a crap ton more
it just seems to keep dropping
"hold hold, boohoo who sold" bro its crypto if someone got a bag you cant blame them
u.5 lol, please educate yourself about circulating supply and market cap.
buy and hold!!! i need .5 million!!
a lot of people from the previous pump to ath then to the massive dump were probably happy to get most of there money back and then just tool their bags and ran. wasn't this expected. it may bounce back or it may dump more. good luck everyone.
patience my fellow brothers patience 😤✊🏼 i’m waiting for that .10 cents
and it’s a dangerous mindset that gets spread in this fly-by-night crypto “investing”. you are right. 250 mil coins is going to have a higher value. but this mentality where people are putting their life savings in this shit is crazy.
lol i sold after making like 2 grand
sell all!!! no chance!!!
away with the fucking paper hands... dammit
0.01 is not possible not even 0.001 but 0.0001 definitely is
y’all should of sold at 3400 and bought back at 2000 to increase the amounts of coins yall hold so there’s less coins for the paper hands
people downvoting me like to stay ignorant...
guys, i have an important announcement to make. i'm dumping all my shib.it’s a big and wet one, do you taste the flecks of fecal matter all over your faces?? oh, my anus is splitting. hope you enjoy my cheap shib as much as i enjoyed my dump. i’ll use those hundred dollah bills for toilet paper.
wise be diamond handed 💎✊🏼
with great power comes great responsibility. you all had your 3 fun days. no responsibility. ignorant. check the biggest losers today.
you can hold on elon’s shiba puppy ears for dear life but it will keep dropping for dear life!!! lol
this is just a pump and dump shitcoin wihout use
sell now before is to late
i did not sell. i hope it recovers
overall i'm still gonna be up for quite a while though
i just want money to buy more🥲
i bought much much more :p
it’s not so much selling for profit check out bitcoin and ethereum they are both going down.
all or nothing baby!!
i bought an extra 10,000,000
oh god its dropping! sell sell sell
hopefully this does correlate to other cryptos dropping as well
cause shib was just listed on another european exchange today
may we rest in peace
we’re golden. just buy and hold.
oh no it is dropping... buy the dip and hodl
if it goes below 20 i'm gonna get scared tho
haha right fucking cucks
stay calm it’s not paper hands it’s the whole market
why does everybody have to cuse
btc is down we g
because it adds emphasis
i just bought more!
fuck it at some point it’s gotta go up if you all hold if it crashes hold the shit it’s not like you really dropped a fuck ton in it i’m sure just keep buying it.
everything is fine. just keep holding. no one is selling. we will moon together. <3 you all!!
how do you think gme did what it did. we all gotta band together and hold the fucking line
remember everyone this is not a pump and dump
im holding too!! still up
fucking holddddddd the lineeeeeeeeeeeeeeee
it’s a long term investment (and hopefully a good one)
tell everyone that you know to hold
this is my college fund, hoooollllddd!!!
about to break a resistance. keep holding
im buying all the fucking dips 💪🏻
i ain’t trippin lol….the india relief is gone and it’s on cb soon to be on rh….we ain’t going back to .000006 lol…it’s going to stabilize around the mid-20s
50 mil converted from other crypto in last 15mins, i am not going nowhere :d
did cryto.com lock everyone out of trades for 2 hours or just me?
it’s crypto. comm going down that’s facked the volume
no one is selling relax apes!!
we’re gorillas in here
i’ve just bought 12 mili on coinbase and will keep doing so!!
we’re no fackin paper handed lol bitches
buy the dip fellas
just added another 2 milli on crypto.com it’s working for me
well luckily i had a stop loss
monke brain ooga booga
lil bitches i meant lol
still up 10k usd in 1 day with a stop loss hit at .00003
hope this bounces back up soon
we re shib not doge coin
let’s see how far it dips before i buy this shit up again
fuck doge coin i wanna set the next record let’s make gme look like bitches
hahah for real huh,
sheep. yeah your name is perfect. follow little paper handed sheep
bots 🤖 are selling
and some whales 🐳
turn off your stop loses you idiots
bunch of paper hands up in here
that’s why we are dipping!!
none of you have any balls
it hit at .00003
all the stop loss sells orders kicked in
just bought 170 million
people are retards for putting in stop losses on their positions
that's it hehe #
i’ll buy back again but once it dips more
how? we gotta cover our asses
buy now and it won’t dip lmao
2500 will hit and more stop losses will go down
if 2500 happens expect 2000
i've sold for 3500
giving bjs to those who hold
let it ride i need it to dip another 30%
sell it man you'll regret
don’t be the one holding the bag trust me
i want to buy more but i broke the bank buying shib already
well all of my shib is staked gaining more millions of shib this is the way
i wanna buy more but not i right now
time to hold and make it stable. then have the next bump. pretty simple
we gonna hit 2500
hold you fucking pussies
shiba will eat up more zeros, lots of money to be made but we need to stick together just like doge army did and they went higher than ever imagined!
yeah it is kind of hemorrhaging
no worries it has to fluctuate
quit panicking and hold the line
here for long term gains
this in my eyes is really good because the volatility attracts a lot of people that see the growth opportunity from what it’s dropped too .000025 ish, all the way back to ath
theres just only around 200 people here :/
doge was worth shit and it almost reached one dollar at one point
it is actually a good thing. make 0.00002 the new floor. this is a marathon for tendies.
guys !! correction it’s a basic way
are you a paper hand or diamond hand!
going down down baby
we goin down to 2071
waiting to buy more
the closer it gets to .000022 the more i buy lol
buying more and don’t know how to sell
i see shib to do more 3x from here... once it lists on robinhood
its totally correcting itself am i right?
wasn’t a dip just another buying oppertunity
hold in cold storage
difference with doge is it was unlimited, pretty much killing its volatility. with this coin not so much the same scenario, shib can ride unlike doge
hold on to it
doge blasted once listed on rh
every dip is an opportunity to buy more
8 t has been sold out
it is going up again
what is the latest news on rh listing? do we have something?
let us get weird
hope i didnt buy an hour ago but did it now
i picked up another 1k work on this “dip”
buy high sell low paperhands
bout to drop 4k
news on robinhood ?
i see this blasting off when robinhood announces this
still holding, fuck those people whoever sells, hope they will never be able to buy it again
currently we have retest if we do not hold 2520 we goin down to 2050
just letting you guys know that ups and down are normal in a healthy market.
is there any solid proof on the robinhood listing?
i’m just going to hold but if we gain a zero back i’ll buy more
fucker is going downward - paperhanded pussies are taking money for their ebikes
if you take out the already millionaires who sold, rest guys that sell right now do not deserve to be rich if they cannot hold
it's dipping because india and china trading. not only this but there is a few new whales who went into shib with over . checking those whales they are still holding and that was at 18 floor
buy the dip and hold
i'm glad i've sold it at 3500
the goal of shib. buy millions of shib. stake shib "on crypto.com " or similar app for 2% annual or more. 2% of a mill is 20000. you can restake and earn even more, or burn it to increase value
bitcoin is down over 1% stop whining pussy everytime you see btc down everywhere always goes down floors
sucks we didn’t even break the previous ath yet and people are selling
im going to sell when we will reach .01
how does one "burn"
it’s the end of the world 🌎 !
now i bought xec is very good project as well
smart shib family re waiting to buy more and more and more 💪
here we go again. now all the people who bought this pump are doing what everyone who bought high the last pump did
don’t worry be happy
hope it dips more so i can buy moooorrrrreeee 🤤
get this one now
i hope it dips back too .000006 so i can drop my whole load one last time
look at the corrections
who got hachiko inu ?
no shit, who tf is selling 💀💀💀💀
sell!!!!!!!!!!! i will buy more and more !!!! 💪💪💪💪💪💪🔥
it’s tea time in uk, lunch time in new york and los angeles is just waking up. hodl
im looking at dropping 4k into this but the timing needs to be perfect. even though this is crypto🤷🏻‍♂️
i do not even know what i'm doing. i'm just hodling cause i trust all you big dick gorillas
slow bounces happening, i think i see corrections
ima buy the dip it’s a win win 😂
we will see lot of bag holders here 😂
omg it is going back up. quick buy before you miss out! ahhhhhhhh
drop the 4k in it
hold the line….love isn’t always on time
no selling until 0.00015
i jus dropd my nutts and bought more it’s too juicy
no selling till 1.00
i'm using grip trainers rn and my hands are getting nhard babyyy
this reminds me of all those betas back when dogecoin would fall only 15%. i bet these sad little cum guzzlers buy high sell low
i don’t know how you guys wait so long to sell for a little. we don’t invest to make money we invest to grow money. don’t invest if you can’t afford it
leash is the store of fucking value
leash is the way. 100k leash by 3032
the only way is up….
stop talking about dips what fucking dips? we haven’t had dips in 4 days till now. these normal people buy when it’s going up. and sell when y’all sell buy the shit make it a hard dick and they will still buy.
let them they get less because you have to pay to buy and sell
leash is the money maker. once nfts then leash and bone take off. we will see whi can hold through this like all of us did back in may. watched 9k turn into 2k and now back up to where it was at in may.
if y’all wanna make real money selling now it won’t appeal to the rh users
his is just the start
guys pump it so they buy too
brotherhood of big dick gorillas
the one who sells i will kick their paper asses
bull shit. pussies sold and lost out on millions
this ain’t fucking doge
don’t listen that p.ussy, don’t sell keel holding guys
not your fake coins ! we re an ecosystem
i'm going shibersaiyan and buying more fuxk it
green candles letss gooo
💎💎💎🙌🙌🙌 🚀🚀🚀🚀🚀 dont sell
hold these nuts 😂
i’ll see in a year all the paper hands will be crying like b i tchès
am i the only one going to porsches website and building their dream car for when this hits a
you guys are still watching it? i put it to stake and it’s earning weekly
peaople are already selling
why is everyone dumping!
it will go down while the paper hands sell and then it will go back up and they will feel bad
we need to consolidate!
literally 300 wiped off
paper hands got scared
10 t has been sold out
when they get scared!! we pounce on the dip!!! :d
i buy the dips lol
you know what im just gonna stake my coins. that way i don’t get paperhand pressure
we're goin down to 2060
hey!! i’m from doge. and yea i’m a moron!
so what’s the eth apy of almost 300 thousand percent mean
this is doge all over again
my balls are falling out of the sack
i am waiting till at least $.0005
welp considering i missed out selling this time around l will simply hold and keep buying every other week until next spike. see you all in 5 months for the next spike. maybe then it will "moon".
saucetrader is my hero
lel... lets just things happen organically. let it dip let it rise
is it possible for it to actually go to 1?
sorry i'm new and learning
realistically what do we think the price will be end october
it's still the highest it has been at in a long time, hold it will be fine.
why all the cryptos are dropping too tho? incl btc and eth...
buy bone now you fucking dimwits
my dumb ass bought at its highest price at .00003700 it went down :( it was by accident
.00 baby its either we all be millionaires or we all stay the same. i’m tired of still not finish paying my school loan💪🏼💪🏼
ok, i just woke up and it went down a little. who the hell is selling?
you sell now and buy more once it becomes cheaper 😝
predictions show negative trends 😖
sell sell sell because i want to buy buy buy
well moon boys also suck, i just want some realism without having to have rocket emojis rape me. not it’s not hitting 0.01 today or tomorrow
wait asian market will wake up in a few hours ! they will add sauce and buy the dip
sell sell sell then 😎 i buy buy buy
we need the robinhood rumor to be announced so we can punish these dumb scalpers when shiba is a long upward trend
folks, its going back up...
this sucks for someone like me using grid bots to buy and sell... i lost a good chunk of money unless sit goes back up.
they should burn more of the supply
these day traders are short changing themselves for peanuts and think they’re winning when they’re leaving so much money on the table
i'm down 10% in a hour
knew this shit wouldn't last
... buy it now before it is too late
how much shiba does everyone have?
last few times it’s gone back to 00035. people are actively buying and selling the coin. it’s a good thing for the volume and strength of it.
.01 is realistic in the future ?
no i dont think so
could get to half a penny
depends on burn event with the nfts.
bone bone bone 🦴🦴🦴🦴🦴
just staked my coins
it am playing it carefully hahaha
saw a few nft designs on reddit that will probably sell for a lot and then burn a lot.
mark my words bitches
is it goin up you do not get any more ?
hahaha next 5 years
stake the majority on shibaswap, leave some on exchange to keep buying low and selling high to accumulate more coins.
do we know for sure if shib is going on rh?
shib for bone and ryoshi
\-33 % off lost ??
they’re having burns tho lol
how many shiba inu holders are there? around 700k right?
when shibarium drops. shib will eat another zeroooooooo
dude at .0.001 i'd be a happy fellow even with the losses thus far
2400 next stop ?
where are you staking you’re shiba?
hodl guys come on
bong can you clarify? it’s up on rh?
we fight to the death my fellow shibanites
no not rh but shibaswap the main site.
rh is on top of what the devs are doing.
i’m waiting on my patcher to clear. of all times for it to fuckin stick in the bank 😑
ok bong will check it out
that’s great info bong
what the fuck is with the selling??
"fuck gas fees" on 3
i’d would stake on the swap and use the rest on your exchange.
lol time the fees
shib going to eat another o this week.
cause once the event kicks off you’re not getting in
we goin down to 1999
would’ve wait till shibariun and put more shiba
nothing they’re just gonna buy a bunch to trade when they open up wallets. if they had enough liquidity for coinbase on top of others. price is just gonna go with purchases and burns on events
bong can you link it ? i’m not seeing it
i hope it drops to .000007 again so i can get back in
didn’t sell one cause my bills are paid. hodling for a few more lost zeros
dude i was so thispassionate about the pump and so thispassionate about this. i am holding my shib for years. right now is just like, grab the popcorn, watch the show.
sold out 33% ago xd
at least wait for rh
i was literally about to post this lmaoo
everyone is going to want to stay active buying the dips and selling at 3500-4000. while also staking coins for a year minimum.
i m holding but if it goes down more i might have to take my profits
please stay up :,)
if you're asking "should i buy shib?" on a shib subreddit you should know what answer you're gonna get
live chat is massively inferior to regular reddit
i might just sell
watching my wallet, looks like it is going back up a little bit now.
i bought the dip
keep up the volume for either rh or shibaswap event for dropping real zeros.
holy shit is it going down fast
10 5pm est - massive buy - tell a friend.
yeah, someone pulled the sell trigger and down we go.
check out swap they’re giving away some crazy stuff for events. regular awards are listed in bone folio and woofs
it will go back up…
no shame in jumping out. not everything needs to be hodl’d
pssshhh. literally just give a little more time lol. i didn’t realize everyone was retiring today and needed the money
did anybody notice that crypto.com had the shib trading bonuses going on??!!
the price is going down because all these paper handed bitches!! hold the line!! the price will go back up if you have been in crypto then you know it will go back up so much good for shiba coming up so do not miss out what could be the best hand over of wealth in history!!!!!
i got over 40m ryoshi on the swap. all this activity pumping that up. my leash and bone too 💪
hodl!!!!! bitches don’t f this up
selling is for pussy paper handed fucks!
i been holding since .000008
\-33 % you already lost
we are holding. it’s people that are falling for the baited sell offs
why’s it dropping now so fast? everyone selling??
i was going to sell but you guy r feeding me too much hopium
need to be in it for the long term not short term come on troops hold this shit!!!!
believe in the shiberium
straight from shytoshi kusama the shib dev
any proof of the rh listing?
\-33 % greedy :)
it’s going a little up
shytoshi announced good news coming and that it’s a good one
why are the thiscord mods such bitches
it’s probably just a price correction and people selling some shib. we just reached the last ath cmon people!!
woohooooo i’m gonna buy more lol
that nft event gonna be insane 🔥🔥🔥🔥
\-34% its goin down now
wow - 34 %
don’t watch the ticker if you. can’t handle the dips
when do you think its gonna go back ?
you should sell it
what was the peak market cap ?
cryptos go down but people become rich when they hold through the hard times and when it goes all the way back up they are the ones laughing
imagine hitting 4x and not take profits
200% in a week isn’t a good enough return for these paper handed pussy fucks.
watch the volume tho so many people waiting for the dip to reload to drive it back up later
how much have y’all lost ? i’m down 300😭
now its goin down quick
imagine selling because it goes down a little bit lol pathetic clearly not diamond hands
i just bout 5 million more 😰
it will go back up tonight when the traders with balls wake up and realize we couldn’t hold it down
buy the dip make $$$
im just glad to see it sky rocket
if it hits 0.1, i can retire before 30
it really has not even gone down that much. it seems like it got close to the ath and some whales were like "we gotta step in"
shiba is gone again for 6 months… adding 1 more zero within 5 days
no selling till we eat 3 more zeros
it’s high was like .3700
buy and leave it alone. money doesn’t like to be stared at. how many stocks, crypto’s have you ever bought that just showed a straight up up up trajectory with zero dips? we all need to hodl til shiba hits that magical moon number! not a penny, not 10 cents either.
30 percent drop aint shit
i lost 3k over night when sol fell from its ath
just hold tomorrow it will go up !
don’t sell just hold !
man people selling right now are really really dumb
buy more guys every little bit helps
this is some stupid fuckery. paper hands getting emotional about it and panic sell when we had a chance from yesterday to beat ath
based on the circulating supply at 394 trillion tokens
it will go up , day traders pumping
buy the dip guys it’s gonna shoot up
to get to 0.001
paperhanded fuks... who have now made a profit while the hodlers get rekked in a few days time.
hodl , im buying more
shib needs a market cap of around 394 bil
i never understood the concept of selling when you're still higher than your starting point. if it looks like your profit is bye bye, sure, otherwise, hold and buy the dip.
i'm holding till my wallet shows 7 digits
do not panick folks, samething happened with dodge, better buy more when it lasts
i love how everyone is calling people who took 400% profit "stupid", look at your chart rn. who is the stupid one?
that whale withdrawal his 44million?
all my friends are selling looooool
it is not impossible if eth can reach over 1 trillion
the thing is we do not know for certain
market cap is just a crude estimation from the last price action anyway
yeah we need to get more now
lol... whales are dumping
getting ready to buy more but it looks like 24 is the new low?
hold buydips hold. let the investors push the price sillies.
but some people here just want y’all to sell so they can buy cheap
im waiting for a nice dip
do not worry about them. fud or whatever. the ones that sell now or later does not matter. the pieces will fall where they fit.
if anything shiba got alot of worldwide attention the past couple days...
the people who are talking shit where were you guys at when it was shooting up?
sell, fuckers, your loss is gonna be steep. shib took an olympic nose dive today!
we are the big money isn’t as always
i sold 87mil 🤑
too bad i stakes mine couldve aold 😂
haha i’m in it for another 30m
i stakw blocked myself not to sell
take profits and buy back in more
let’s go folks! let’s show the paper handers their mistakes
maybe being stuck in the staking pool is the best thing that has happened to you later
if you take profits buy back in at least
whens optimal time to buy?
no mungsho. show us how it is done.
go on take that profit
we are shib 💎🤲 …….🍻
53 mil bought ,000 usd - let us see what happens next year.
people will sell, it is just normal but the support level is raised. next bull run will be the same. so imagine in a year or so. no point in selling for me since it is either 6,500,000!
we are doo med
really it dropped a ton this morning, fn 🤡 stop selling
sure you can dca into the dip but do not sell your tokens at a loss.
imagine not selling at .35. greedy mfers
don’t get pressured to hold if that money is a lot to you sell
shiba going back to 0.000005
we about to add back another zero?
btc did not happen. it was clearly overbought. the correction was going to happen eventually. take the opportunity to stock up. this is just the beginning
its going back to what it was
bye bye shib see you next year
did anybody buy when it was .3300?
220 million and down big
don't panic guys, just hold 😎
i just hope it does not drop to the zero again
no body clever bought at 3300 wow
53 million and i could give a fuck - wait until 2022. who cares? this is all a big joke anyways.
i'm 300 = profit
waiting to get more. keep dropping
you know shib has utility.
tbh i wish the climb lasted longer than 2 days
i'm still up. got those early adoption prices.
someone is still buying your fucking low order sells
i’m still up but it’s not the point
do not worry about the fud from ones that trying to get it be lower.
sorry guys its my fault i just bought my first shib and obv it had to drop
250,000 members in here, if you all just shut up and spent 'd be good. control the market you twats
hodl and buy the dip!!
stop the bleeding!!!! ahhhhh
just thought you should all know i bought at the new high this am…
i am down 15 k today
22% dip in the last hour
it could fall to 1747
kcuf them paper hand sellers
why would you sell?? we're holding until we're rich 🤑
lmao all yall paperhand bitches need to quit crypto. fucking weak asses
when is it coming to rh?
buy the dip and push it back up to .000035
i'm at 39m if it keeps dropping i can buy more
wtf!! a lot of people selling
now good time to buy
i'm so happy = 300 % omg
it stays on 0.00002000
think we will have another run up soon when they burn the tokens and robinhood gets shib
i'm just more concerned with getting enough leash to buy up the nft
don’t let the whales drop it back to 0.000006
be greedy when others are afraid. be afraid when others are greedy.
i think no more
this rate, that dam zero will be back 🤦
i hope they start burning soon!! could they burn 300 trillion
i’ve been holding and will continue to hold.
its goin down to 2060
that zero will be back the end of the day at this rate
shib now needs support level
sold out ... $$$$
in sure you all who sold at 20 feel ok
just wondering, i bought in at 0.000031, was that a dumb move?
yea going up again
might be .000004 support level if we aint too.careful and nobody wants that
do you understand how many whales got interested in buying shib now?
true freedom incoming shiba to the moon!
christ why can’t ppl hold
is now a good time to buy more
because it’s hard that’s why and they are afraid
can’t take profits now. i just staked my coins an hour ago l
don’t panic there are people bought at more than 0.000024 these people definitely hold
the ogs here don’t need to be reminded not to sell.
its goin now pointless to buy now
just bought another five k with dip let us go!
tiktok and elon pump incoming
it’s literally going back to norm lmao
i am holding crypto since 2014
fuck you all for selling ya’ll some panic sellers
is shib coming to robinhood ?
i bought 25,000 usd near the top. woooohoooo
all my tokens are locked
i hope ya’ll didn’t make any profit by panic selling
jus because im venting my frustration does not mean i aint finna keep holding dont twist it!
heres the bottom line. as soon as robinhood lists it, it will eat another 0
wtf!! we was going up nicely and you paper hands start to sell? your leaving a lot of money on the table!! hold the line!!
look at it bounce back
just bought 300k more shib 😌 to the mooooooon
whoever says to sell is a little chump
you guys let me know when you're done being paper handed bitches and i'll buy more to bring us back up
bounce back rebought in
you guys seriously need to understand that shib is an animal
we hoping we can get .00003s as a support level
other coins are gonna pump soon for sure
shib is twerkit rn. just enjoy the show with your millions
taking off again do not get left behind
people selling are probably the fudders who bought at ath last peak
it s normal guys, dont panic.
apparently the sellers left the boat and up we go again
72 million shiva i y coins and still going 😊
cho chooo bounce back get in now last call!
hold, shib will it robinhood and moon. elon will take shib for tesla cars and moon again. elons dog takes a shit and it will moon again.
just play farcry and stop watching the dog
oh i’m sure lots of these coins getting sold were underwater traders who bought a few months ago at ath
300% in 3 days
lol it’s how markets work
this is better then the lottery
get in bounce back
dead cat bounce yes but do not trade just hold
panic sellers and auto liquidations
any projections for rh announce
you can buy so many for
just look at the headlines
imagine if it goes up to 1ct xd how much money everybody would have now xdxd
why sell?? they are going to burn and get shiba to a penny!!
i wouldn’t put my entire 401k into it, too risky
put your inheritance in you wint
when is this going back up… fuck…
gotta have high high hopes for a living
tomorrow is the big day for initial shiba
seems lateral now, lets hope lateral then another rush
lol coinbase transactions not going through
correction was all but guaranteed when it didn’t crack ath on the pump this morning
why is shiba going down ?????
won't let me by the dip
they are going to burn trillions upon trillions and it will literally remove multiple 0s. it is the way
it s just volatility
nearly broke ath and some paper hand bitch prolly sold
im buy 600 usd i have 5k sell?
they cannot just burn trillions
this is normal guys relax
this is suspect volatility; hoping it is but i see more of a declind
i’ve told a few people to invest in shiba. so far, i’m the only one i know who has. when shiba is worth .1 i will not tell anyone how much i made.
pretty much all the cryptos dropped as well, just something to do wit hthe market atm maybe?
ride the roller coaster
hodling and buying some in the dip 🦍🦍🗿🗿
there is a source
hey guys quick question lets say i have my shib in binance and i want to transfer them into my [ndax.io]( wallet, will my avg price transfer into ndax ?
hold and forget, in few years retire
hodl to the safemoon
the creator of sheba has said they are going to start a burn to get it to a penny!! hold and buy and you’ll be rich!!
it's going back up a bit, do not be such doomers you all act like this is your first crypto ever.
shib already said they plan to burn until they can get it to .01
yup i was gonna sell at 19 but it’s holding strong fellows
this reddit has zero influence on the price of shib
what does burning do
read the link above that i sent
ok, they already did do a burn less than 2 months ago so
on't see why they wouldn't continue on that path
this dip is good. shake out all the paper hands.
i may have to double my holding with this pull back
they burn when they add other tokens
25000 usd per token
they are going to burn until shiba reaches a penny!!
i will say this
lucky for me i have some btc gains to ease the pain of losing all the shiba hains
these price swings are absolutely insane with 4281485
so to take this to .01, they would have to burn 99.9% of the supply
buy, buy, buy, buy!!!!!!!!!!!!!!
and it didnt happen
think they plan to add 8000
people are selling to buy the dip, that is how you make more $$$
now i am back at square one with shib, but still holding as long as it does not chew on my starting capital
just bought another 10mil ;) nearly 50mil already!!
so in 25 years, at this rate, i think it will be sitting at .0002 on burn rate alone
buy the sale :)
i think not , in march next year we will be at 0.01
buy more guys, buy more, buy moreeeeeeeeeeeeeeeeeeeeeeeee
doodo, so you feel the stress too then
it moves a fraction and my balance in usd goes apeshit, lol
hopefully there is another big pump tonight like there was last night
just added another 5m shib. best i can do for now.
it’s mind blowing to me that people think this can get to 0.01
diamond hands, lost most my profit but fuck it. it’s unrealized.
the market cap would be 10x of what btc is now…
i do not think anyone is this group is the paper hands.
no way this can get to 0.01 lol
honestly, it is an amazing time to buy right now. all the scared ones have already sold at the first sight of decline. the only people left are the long termers
whats the announcement gonna be any predictions?
the new dip?? i'll take it!!!
lovely fking dip time to add more🚀🚀🚀🚀
is that a lot...
dont be a coward guys. it is once in a life chance
only going down because people are selling. the less people sell the higher it will stay
only chance to get rich, dump your whole check
it’ll make .01. not this year but it will in the future.
sold that shit got more xrp thanks boys
apparently some pretty big news is about to drop:
gonna buy some more
why worry. ride the wave. as cheap as shib it’s not hard to blow through resistance levels. just sit back and relax.
now is best dip
hold and buy guys, hold and buy, to all the newbies out there, just buy, buy, buy, buy!!!!!!!!!!!!!
0.001 a coin puts this at 1trillion market cap, took btc years to get there...
i mean everyone else is shitting in one hand? lmao figured i’d pull the ole wish hand out too may as well ha
yeah i bet robinhood is getting on board. see ya later those who sold. lol hahaha.
weekend is usually moon day
ah, good thing you posted this. now everyone will stop selling (including the international market outside of this reddit). you may have singlehandedly stopped the price correction with your very compelling argument.
just bought more on the dip
buy high sell low i always say. lost a third of my investment this morning.
people that sold. see you at the finish line
buy, buy, buy, aaaahhhhhh!
it can grow, but not to unrealistic sizes
upto .0001 easy to shib
that is why 0.001 can happen probably with community backing
it will correct as it always does. wait for next dip. otherwise there will be alot of empty bag holders
ahhhh, ahhhhhh, buy, buy, buy, ahhhhh!!!!!
but 0.1 would be very hard already, that is 100 trillion cap...
i heard jeff bezos is gunna give all his employees shib
i been holding for month and will be holding for more month. this coin can be greater that doge.
i bought at .000031 :(
everything in the market is pump and dump lmao if it wasn’t there would be no interests in trading
here comes the dump
this is the way of ways
i was up that much and i’m holding. motherfuckers always see short term. but let them miss the train!
i think 1... it will have a market value of 1000 trillion if it gets to 1, which is over 1000x of btc market value or over 300x of the entire crypto market value as a whole
observe the gigantic balls of this huge dick gorilla in it is natural habitat
and if you’re not realizing lifestyle changing money, why the actual fuk you selling right now?? between gas fees and taxes, you’re literally wasting your money.
this paper hand bitch is the reason why you are allowed to buy at these levels before the robinhood listing, your welcome
that's gonna be a no from me dawg.
somebody’s salty that they spent months hating on shiba only to see it 350% in 3 days then jump on the shiba page in a hurry to talk more shit after it corrects a little as it should. 🤡
this is what i’m wondering. i aped when coinbase launched it so i hit that 3x but glad i pulled out because i was hoping for this dip. maybe we can go back down and retest 0.000018
be careful. i would play solely with shibs and bone. grab half a leash if you can. once nfts launch i bet bone hits
beta cucks with a sagittarius moon?
it will go down while the paper hands sell and then it will go back up and they will feel bad. hodl
are you new to crypto it goes up and down? do not paper hands will go back up.
folks who sell and buy back in at a higher price.
start with burning 🥵 🥺 please
205m shib, 1406 bones, and .09 leash my friend
it is almost nothing
noooo 0,0001 by the end of 2022
only if you believe it will. if ppl hodl til at least robinhood then we stand a chance. anyone that’s selling now is gonna hang themselves after robinhood lmao
it got the petition as far as i know
once the whale is done selling profits, the whale will buy back in at the lower price
i want to buy a lambo as much as anyone else lol but 30% in around an hour definitely “isn’t shit” it’s a little something
your're comparing a toy car to a ferrari, you're out of your mind
wait price will go down even more
myself and holding strong
i bought in at this price by accident 😭 i’m down 400
it is not lost, it is just hibernating. once shib is posted on robinhood it will hit jupiter
bro don’t worry i bought in at 33 by accident:(
don’t worry up to 0.0001 not a big deal to shib
nah there is not going to be burn
there is no source for this pleb
that was from months ago
nah. my intentions were to always hold. i bought a couple weeks ago and now i am just watching
no one understands market cap apparently
they are going to burn 3 coins
the trick is to buy before the announcement
we are coming back to scoop you back up don’t worry
same said about doge ! same fud
no- you’re not actually wasting your money. if i can pull my initial investment out, the market does the rest, and i can put my funds in a “safer” long-term investment.
save it lone ranger we’re stressed
aw man, that is rough, i'm gonna hold anyways, we got this:)
class, thanks for the heads up:)
they are going to burn
market cap can grow with the help of the community
yes and for this to get to 0.01 the mc would be
ok , so explain how doge got to 70 cents?
the mc was around . you need to do some research on market cap and what it means
fuck yeah thanks binance
binance really out there supporting shib buys, that is awesome!\^\^
excellent. now to buy . it does not matter if this thing takes 10 years to take off. that's 10 years of not smoking so it is a win no matter what. 💎🤚
🤑🚀💸 keep it coming!! next stop robinhood and webull!!
what a time to be alive 🕰️🚀🚀🚀🚀
binance is promoting shib more than doge ever!!
but shib still going down
just got 1000000 shibasssss 🚀
there is one single reason. binance are making huuuuuuge money on the trading fees. they already made millions out of thin air.
the hurricane is coming... have your lifejackets on...💎🙌🐕💪
we need someone to pick a day and organize a twitter overtake and make our presence known. then move on to a different platform the next week.
shiba sure has taken off!
too many paper hands it a double edge sword when we gain these platforms we also get a lot of need quick money people what we need to do is become the whales cause this is getting annoying hold the line and buy what you can, i have both doge and shiba i love them both and dont what to see them fail lets teach the haters a lesson dont mess with the dog family.
question: do you hold your shib in the binance online wallet or somewhere else?
love it and also next month crypto.com’s supercharger coin is shib as well so hopefully she pops boys!!!
the chart does look primed for another rip. i’m throbbing with anticipation
added another 400k this am. now sitting on 4mill
doge is losing momentum, it would be nice to see that money in shiba
next pump is gonna be huge! 💪🔝
is that why the price is down? you'd think after being listed everywhere it would continue going up.
shiba is down today because a lot of hotbit shiba holders are selling, hotbit reopened today after around 14 days shut because a cyber attack, dont paniic people; buy the dip this movement is growing everyday, more holders, more exchanges and talked in a lot of crypto youtube channels and crypto news sites
i hadn’t heard about shiba until today and now i bought my first coins! 🚀 🌝 🐕
calling all shiba inu warrors !! we must all stick together! join and share this new facebook shiba inu day trading group here so we can get as many in and buy coins as possible! we are a new group, but together we come to the moon !!! facebook group name: shiba inu shib day trading we need admins too!. have a good day!
lost my shibs on binance, cancelled an order and now there gone... the dog ran away asshole dog
wasn’t the whole point of shib to not be listed on centralized exchanges though? maybe i’m mistaken
another 3 mill shib and 2 0zsag for the zombie days...
binance is taking forever to verify me!! losing so much $$$$!! sent a valid id with matching address on a copy of tax return with matching address. how long does this take??? omg!!
hold the line. let all the paper hands leave. it’s gonna rise like crazy.
i am new to cryptos and i want to know how i can transfer my shiba from binance to a wallet because when i do the transfer it say that the fee is like 2 million of shiba and i think that it is a lot. there is a way for pay less than this fee? thanks. shiba to the moooon!!!!! 🚀🚀🚀🚀
is shiba not accessible on the binance.us app?
would be nice but i’m in us, can’t happen :/
im in canada and we are kind of stuck that we can not buy any how can i make it happen to buy so shiba? thank you fo4 the help
why can’t i see any of this on binance.us?
i dont see it on binance.us
need binance us on this ride.
im in with 174 million shib, lets go!!!
yikes, this turd is hitting popular. good luck out there everyone. remember to understand what market cap is and don’t invest more than you can afford to lose.
how long do you think could it take to hit 0.1? 🤔
i bought 12million and started smoking.
buckle in the launch is counting down we can do it woof woof
with all the news, morale, and added exchanges it is quite worrying that we are going down. seems impossible. i am not selling shit, but wtf.
guys, i have been trying to buy this token on binance us but is not listed on mine. how do i buy itv
holding 140 millions till we get to unknown planet
dropping big, nobody can afford the mining fees need to fix that. everyone wants in, but probably 75% of orders hitting cancel when they are seeing a 400-600 mining fee for a 1k transaction
why is it crashing so much after being listed on the big exchanges?
why i can’t see this ad? i need to win this 50k
what about coinbase 😊
i don’t see it 😞😞
how much is the goal ?
great advertisement! i was contemplating moving all my shib from tw to binance just so it can be more liquid. but consider gas fees of moving it, and then moving again when shibaswap comes out. hmmmmmmmm what to do. btw its .
is this not on binance.us?
yet paper hands selling lol
why shib down ?
guys can someone tell how do i actually buy the coins when its not on these cryptocurrency exchange apps like binance ?? i have 1mil shib coins now but it was already at its peek when it came to binance. i dont want to be late for shiba inu bone. can someone help.
the transaction fee is so high rn. not really worth it to enter imo
how do i buy shiba? i am unable to find zones on binance when i login. i live in ca
question: does shib have an infinite supply like doge?
for some reason i can’t sign up for binance in america ny
get bought another mill
us please use crypto.com do buy until others list the coin! it’s free and easy
i almost wonder if they have a stake in this
i just saw it, excellent!!
i do not even want to get rich off this coin, that would just be a bonus. i just want to be able to say i bought a waverunner for like . if there is more left over after that would just be nice, and go to the next big dog coin.
i’m on binance and crypto.com… shib doesn’t list on binance for me in japan! got in on crypto.com though
[crypto.com]( was fastest and easiest for me to buy. use my referral link to sign up for crypto.com and we both get :)
even my old man has a binance account now. just to support us! come on you guys to the moon!
sucks to see the volume waning. what do we think is the next big catalyst?
this is the way, hey!
check out saturna ! project is brand new and is going like shiba did before !! still early
it is does not matter when whales sale...
eyooo shiba supercharger on crypto wooooow
they do everything even ramadan posters, giving free lambos each week
can you tell me why you invest in shib? i'm following bought it, what's shib's advantage?
it does not appear to be helping lol
i am holding it tight!
moon baby moon 🚀🚀
just bought 1.5 millions
so should i use binance instead of crypto.com? im currently stuck on bitmart and need a better option
that’s hilarious lol congratz!
5 000 000 shib done
we’re taking shib straight to uranus 🚀
guysss we should also be loud on twitter for more reachhh
right i’ve own shib for 3 days now doubled my money only once why don’t i have a lambo yet!! ;-)
hello good morning guys and shiba army just wait patiently a few weeks or months so that we go to the moon with shiba inu token and shiba swap it’s coming soon 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
just hold hold hold hold
talk with your friends and family about shiba tokens and show the you tube videos
and hold few months 💪💪💪💪
and maybe days going to moon 🌝 🚀🚀🚀🚀🎊🎊🎊
it does not mean anything. shib has gained so much attention in the crypto world most people know about it. it's getting non crypto based media. and most of it is bad because eth traders are pissed about gas fees. thus coin is not really going anywhere. i fought hard with you guys and hoped for .001 but i just do not see it anymore.
you guys are late to the partyyyy
all in on shiba! plz 2 the moon!
so if i buy 8 mil coins on my binance with credit card i would be in the pool? or how should i understand promotion b?
is crypto.com trust worthy ?
i have dogecoin for my front. it hasn’t changed for at least a week. but if some people have it then that means the word is out! crypto . com has been pushing it in their ads as well really hard
super bullish now shib just needs to start burning on each transaction like ethereums eip-1559 update in july. 🔥
and nobody is buying? where is all that china money... you would think it would have gone up
this is awesome! 👏🏽 let’s keep the ball rolling 🚀🤟🏽🌚
i’m the proud owner of over 12 million shibacoins and i’m hodl’n it!! if it hits 0.001 or 0.01 it’ll help me a lot!
how do you fund it on binance.us?
wallet wich one, and where can i get it?
buy shiba use my referral and receive use my referral link to sign up for crypto.com and we both get :)
i really wonder how this coin will go. i joined in so it afflicts me. i do not need the money, but i like the road trip anyway.
i just put in 200.00...and it’s dropping. this coin gonna move??
what’s the contract address of this? there are a few shiba crypto. i’m confused which one to buy.
hey guys, i need your guidance on this. i bought around 18 million shiba on bitmart. for some dumb reason i decided to transfer the shiba to my coinbase wallet, but these people at bitmart took a fee of 10 million coins. not sure if these were actual miner fees that are pretty high now, or their own fees, but now that i have this on coinbase wallet, what is the best way to cashout in dollars when it goes up? the wallet connects with uniswap. any input?
nub pup owner here 👈 should i be in on ? where's the gang at ? any thoughts would be much appreciated 🦴
can you buy shib on binance now?
binance.us not available in my state. any other way to acquire me some shib
glad i seen this after buying in! confirmation always feels better than persuasion.
if you're in australia, use coinbase. i was able to create an account, very the account, transfer money into that account and buy some shib. so good. low fees too :)
price dropped but that’s healthy and normal for a bullish market and gives the possibility for more investors to purchase the coin at the dip. let’s fucking goooo!!!!!!!
holding 17 m shib in binance and binance promoting shib. it's great to see that.
going down! hope it recovers. m officially in loss now
yet zero movement !!!
anyone getting crypto.com card? what are your views?
not binance us... 😡
if we do not count v.b wallet supply of shiba. .006 per shib token gives 3 trillion dollars total market cap valuation . only for half 50% of its total supply in circulation. am i correct?
now if only usa citizens be able to get involved... i dont see this on binance.us.
if only these mofos approved me. shit been months
is it available on binance us?
cheapest way with little to no gas fees is sending xlm from coinbase to crypto .com.
i think ceo of binance invested also in shib 😂😂😂😎👌
i m from texas! how can i use binance ?
i wonder what’s creating this crazy dip then?
look what crypto.com its doing... this is amazing let us go to the moon
i could maybe give up buying your wife breakfast every morning
i am using huobi pro great platform the fees are low keep holding my coin for the long run maybe we can see it go to the 0.01 i think it can go higher than that...
greed's been crowned the new king
how can i buy some shib. very new at all this.
when is next pump ?
price dropped since rip
fuck yea !!!!!!!!! go shib 🚀🚀🚀🚀🚀🚀
picked up 5mil shib today, let us go 💪
we cant rocket yet look at the 4 hour oscillator its will take 2 days too fully cool off atm lots of whale paper hands are selling
heeey let’s do it
we need suport! talk to all the youtubers you know or think can help us promote this crypto! let's make the world richer! to victory!
if anyone wants to sign uo for cryto.com for their shibe feel free to use my referral code: 5rq2d7e7k5
where on earth can you buy shib and not pay almost as much in gas
i heard rumors of robin hood listing
crypto.com also has shib you can buy it on crypto.com... i made the mistake and purchased on uniswap i had to pay , basically coast me over , and then i find out a day later from a friend you can purchase shiba inu on crypto.com 😔😒 and now shiba is lower valued then i purchased at 😕 i really hope it starts to do better... have a great day. i’m holding and recommending everyone to also... also let your friends and family know where to purchase for low fees...
but but but the price won’t be worth much after this crash...
i'm so pissed off right now. dmv has not sent me my new id and since my id is expired it would not let me buy any. i've tried with another id, and yet it did not work. why!!!
binance or binance us
hey is anyone else having trouble on crypto.com to buy shib with cro or btc? i can still debit but not pay through crypto
that explains the huge dip
does anyone know when [binance.us]( will list shib as well?
keep hodling boys, this isn’t even close to being done!
anybody have any idea if leash is going to be listed on any exchanges?
google search shib and twitter yt ect go around and say buy buy buy. random accounts say hey
is this real? i don’t see it…
why did the price drop so bad then ? :/
🍯honeyrocket ⚡️just launched!!! 🐝1,000,000 hnyr ➡️telegram: t.me ♨️ lps burned 🥞pancakeswap:
leash is is crazy up
why is it going down? if i bought tu coinbase wallet using uniswap how do i trade bait i want to
[i should have bough a leash ](
someone send me a referral link to binance please
crypto.com, binance. i am in canada to
is this the us version?
that had to do something to recover from your burn wallet sells
pls pump more so i can dump more
won't woot. let's go!!!
*cries in texas (for those that don’t understand, binance doesn’t have the licenses to operate in the state of texas)
yes we are back on the rocket , hold ya hands hodl and thank the one and only who gave us the the blessings allah almighty
to the moon !!! 🚀🚀🚀
for anyone in the us looking to buy, use my referral link to sign up and we both get
guys is this only for people outside of the u.s?
what about us users?
to the mooooon 🚀🚀🚀
wtf is going on ?
can i buy through the app?
i saw some known peops jump on shiba but im not gonna tease any further. binance is doing a great job. people who are missing out... are simply missing out. \*drops mic\*
c'mon make me retired already!!!
wtf!!!!🤩🤩🤩🤑🤪 love you guys!
vitalik sold 660billion shiba what is that for us??
vitalik just dumped his bag. 500 eth to india covid relief effort. not good...
i’m getting a hard on!!!
grab more now...it’s on sale 👍🏻😎🚀
1) btc 2( bth 3) shib <— when shibswitch done )a4) doge
well time to goto r
that did not last long...
keep hold my army
buy in dip now
shiba will soon touch 0.8 cents in 2 to 3 months so hold on in this turbulent time
i got a quick question, there are 3 ways of entering to earn the price, on the promotion b, does it mean that i have to send 8mil worth of coins into binance account, or can i convert crypto to obtain the 8mil shin tokens or just buy the 8mil tokens on binance?
why isn’t anyone talking about “timing” of this dip? is it ironic that this dip happened right before the binance giveaway? and as the price dips how convenient on the 12th binance giveaway starts and price of shib is a steal. amazing? shib to the moon then mars then andromeda!!!
i'll be entering the shib contest on binance. :)
you can buy shib on binance, and have a chance enter a prize too, use my link if you wanna sign up and shoot for the moon! 🚀
i loose 2.000 dollar but i am hold fuck offf
reddit full of automated bots???? invest your money in something usefull plz jezus christ
they are leveraging against it hard, it is there for people to short, do not really think the way they went about it it is going to skirt it is value... but who knows
hey you, yeah you, you will get wealthy very soon. just have patience. 🚀
why its only in binance international and not in binance us? are there plans for shiba to be in binance us, does anyone know?
when shiba inu uin robinhood??
damn. those are 1990's prices. went to vegas before the pandemic.
what happened to this? is binance is giving ,000?
this crypto currency is a scam. two options: either binance genuinely doesn’t perform any due diligence on the cryptos they offer, which is ultimately concerning for a centralized plateform in all possible ways, or they are part of the scam. either ways this is dog shit indeed.
if you want free 10 millions of shiba inu,you can click my refferal link below 👇👇👇 (use telegram) grab as many as you can 🔥🔥🔥
get your airdropped shiba's for free here, dropping at the 25th
notice: this is a social experiment i wonder if there are still people who like to send some shibas to a random stranger on web. here is my address on binance. i will update this post every two hours.
don't get excited, it says sell and buy so be careful the only trajectory i see is down from now. the peek was reached
whilst still going down... lol
how can i buy this coin in voyager? i am new. thanks.
is everyone panic selling?
exciting times guys! strap in hold tight and prepare to get filthy stinking rich! lol
crypto .com listed , and it has zero fees. they also give free crypto to new sign ups, (jmtj9jvnh3) verification only takes 10 minutes!
the fact that this is on the front page and the price is going down is not a good sign ' in this instance this is nothing to celebrate, it is rather alarming.
shit coin, don’t waste your money. will loose all in prospect. this coin have not potential benefit and future.
buy then after you gain all your profits, pump ! 💪🏼🌝🔝🐕🐶🙌🏼💎
fuck shib it fucked me up so bad
it's the least he could do since, well, you know...
this is the way to the bone!
but i already do not smoke! i could give up junk food instead 😁
dca is probably the best thing to do for most of people that doesn’t now anything about crypto or have time! very valuable over the time! congrat mate! 🚀
damm bruh. i love your optimism
where can i buy this coin?thanks.
goodjob dude , quitting is not easy but you're adding 10-20 years onto your life. + 100k in your portfolio by the time shib is done its run💎✋
you just gave me a motive to quite smoking
now that is how to stay motivated while building an empire
excellent idea, it saves your life with more earning
even if you lose money, better that than your life. you got this, kick that garbage to the curb. it was more difficult for me to quit smoking cigs than meth
i just want to know...where tf do you buy smokes for ?!?! i need to shop there
i use my ubereats money.
good for your health, but dollar cost averaging is not a good idea for meme coins...lol
a pack of cigarettes is ? where?
damn cigarettes cost ... don’t move here. high gas costs, taxes, homelessness, high crime... only good thing is legal marijuana
but the fees 😂
put it in etc or just etherium - i think you'll probably be a lot happier long term.
bro do not let $$$$! jesus is the savior!
fk robinhood, scammiest exchange out there
now you are talking rubbish haha
8 years... has it really been that long? with all this publicity and rise of crypto, it probably would not take nearly as long, but i am still in for the long run.
exactly, im icrypto ,silver gold r
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u-the-dogo` **8480** times. **3.** `u` **5566** times. ... **125377.** `u` **1** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
maybe promoting to see if people buy it, dunno honestly i don’t see any difference in the price , just dip , but still holding strong 💪
it's almost like they want to collect transaction fees from all over. don't let them down, keep the volume coming
don't stare at 1 minute charts. zoom out on the dailies ... and always remember to hodl, no matter what!
check curve of bitcoin since creation! zoom in, then zoom fckng out! voila! consolidation is very healthy! just new opportunity to buy more and more.
up 1,500% this week bud, zoom out!
life jackets for when you all drown when the whales swallow you and all your money
we need to get it on coinbase!!!
what this man said i’m in
i’ve been promoting on tik tok!
investing isn’t a family you buffoon
question: doth thee hold thy shib in the binance online chinks holder 'r somewhere else? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
400k equals 4mill? how? i invested .3 million
lets hope...silver will never pump like this but still need some, r
yes will go up a lot more soon, buy more now if you can.
i saw that when i logged back on, and all i could think was "thanks for the thiscount"
hi can you explain more as to why?
there not just look in overview biance sold out of eth addresses for :)
next time dont sell! hodl
do you mean centralized? the main purpose of shib is to be the leading token for the decentralized exchange shibaswap
all the way ...grab a handfull of gold when shiba hits 0.01 r
there should be a link or way to contact them to request they expedite the verification process, or at least there was a few weeks ago.
it's been weeks for me
actually it is going down so you could get in at a good price waiting. i hope it works to your advantage cause i know the feeling of waiting
i went through crypto.com was fast and easy bought 10 million in under 20 minutes. from new start up
setup my account in jan, was verified within 15 mins. maybe contact them to see what's happening.
i wouldn't send it to a wallet. i hate my trust wallet. 8 dollars of shib to send to crypto cost me 100, which i did not do. that is gas fees but geez. im keeping my 14 million shib on crypto. if binance has a cash out feature just hold there for as long as you keep it. up to you not financial advice
i live in california and bought 50,000,000 shib on crypto .com
if you have trust wallet go in dapps and look for uniswap. once in uniswap look at the drop down list under select a token and search for shib.
lucky for you, it crashed
it’s not called. shit coin for no reason
because it is a worthless over-hyped coin. those people who hyped it up collected their sweet sweet money and left.
coinbase does not even have doge so i do not see them having shiba
binance.com binance mobile app binance is the best and lowest fees!!!
coinbase hotbit whitebit binance etc
uniswap but it may cost -'s crazy gas fees. binance lets you bypass those fees
compra por aqui a taxa é mais barata do que a taxa de gás da ethereum, basta enviar qualquer outra moeda e trocar por usdt e depois comprar shiba inu
you can use kucoin
crypto.com down load the app and use my code to get use my referral link to sign up for crypto.com and we both get :)
crypto.com is where i bought this morning. 3 separate transactions went through and they charged me around . each transaction was for 7 mil shares. referral link if you like my post:
it is not on .us
jesus mate, is this your first crypto??
it’s been actually really healthy. if it were to keep pumping and pumping it would eventually dump hard. it’s allowing everyone to get on next rocket ship before take off! tooo thhe moooon!
usa essa amigo [
it am not the peak bruh. and not necessarily bone gonna be listed in binance as well.
the peak is far to be reach yet ahah! if you don’t have acces to binance try kucoin, poloniex, gate.io or crypto.com
it is on binance now.
fee? what fees? check binance. kucoin, poloniex, gate.io, crypto.com, no fees.
crypto.com, gate.io, kucoin, poloniex,
are you on binance or binance us?
first 30 days are free of fees use my referral link to sign up for crypto.com and we both get :)
i do not believe so because it cannot be mined.
you can’t use binance in the us anymore, only binance.us which is not available in every state yet
use my referral link to sign up for crypto.com and we both get :) free 30 days with no fees
personally i thought the app sucked for us customers. no limit orders or stops. just buy sell. i also felt their spreads were quite stretched. 5% on some of my calculations. i just left there. trust wallet and pancake and uniswap.
no we can’t buy it on there. go to crypto.com use this link at get .00 use my referral link to sign up for crypto.com and we both get :)
here is a link use my referral link to sign up for crypto.com and we both get :)
**the way, this is.** *-horozbets* *** ^(commands: 'opt out', 'delete')
yes it will!!! let the older investors sell off!!
crypto.com, kucoin, or uniswap!
crypto.com app it’s super easy!!
as of right now it is not on rh, just checked for you
what explains the huge dip bro?
i smell a scam
it’s fckng consilidation? for how long have you been on crypto? lol it’s healthy and normal! it means it will explode soon
just like your mom
you can’t. try kucoin.
no... what should i know? it\`s a he and not a she? :)
i dont know either xd
then you start smoking and stop the next day. ez.
i suppose i could give up por...kchop sandwiches 🤣
i could give up drugs
binance. convert a currency or crypto to busd, then busd is used to buy shiba
[gate.io]( is another but be aware that right now all these sites are overrun with verification and you cannot add funds until the verification is complete
crypto.com has it now also let everyone know. have a good day!!!
i got mine on bithumb, had to transfer xlm from coinbase then. sell xlm for usdc on bithumb and use that for shib was pretty easy and the fee was minimal, no transfer fee just a purchase fee on coinbase... hope this helps, i could not get crypto. com to accept any of my bank or credit cards, kept saying declined by card issuer, not sure why there is over 20k in the account lol
so happy to hear it! just a tip... walmart has nicotine patches that come out to less than . so even if you are not ready to quit, you could just put on a patch and choose not to smoke "right now". after all, those smoke breaks add up on the old time card and choosing not to smoke until after work frees up loads of break time for other activities. no harm in at least keeping a box of those at your desk for the next time work is busy or it is bad weather outside and stepping out for a drag just seems inconvenient... right?
congrats on quitting yourself! i cannot imagine math is easy to detox from. you must be very strong! 💕
publix in jacksonville fl. menthol 305 was something like .20... about ... plus they had giant cups of ice water for free so that was another . and buying my smokes at the grocery store instead of the gas station resulted in me impulse buying good . if you choose to smoke, i highly suggest buying them from the grocery store instead of the gas station. that one small decision changed everything.
i have those too friend. where do you think money from other bad habits is going? i'm still in doge too. 😜 but let us face it... the stable stuff is not as much of a rush.
tell jesus to hodl
mmmm i will savour jesus. i'll savour all over him
the forest is my savior
robinhood robbed the hood mane
with everything that is happening in the world the years are blending together. i need shibbles to taje off and afford me anti aging treatment so i do not wake up and realize i'm old
agreed... too much traction now.
lots of sellers, thats the issue, its a meme coin, held by kids and noobs, they see a 10% increase, they sell
most newbies are waiting on verification, i’d say by friday we 2-3x from here
we're rich now. sweet
lool...why you so salty😂
mans got a point
we're all in it for the money. internetstrangers have done more for me for financial gain than my relatives, so yeah, -community is my peoples.
no need for the name calling ok i get it you do not agree no one said you is part of the shiba.
lol no meaning i added another 400k to my 3.6 mil to now equal 4million coins held. lol if invested 400k i'd be sitting on more math than i can do in my head. lol
cannot find them in spot, or anywhere also they do not show up if i want to use them to trade or anything. read some more people had this and after few hours it would pop back up so just waiting now
yes centralized it what i meant
at any level. yes. it currently has a market cap equal to xmr, and not nearly the same value add proposition. what can this coin do better than other coins? i’m not singling it out. most coins seem overvalued right now.
but how do i buy it? i am trying to find on my binance but it ain’t working... can’t i get with trust wallet?
they do now bud
unless you live in texas because binanceus hates us.
how to buy shib without expensive network fees: use gateio zero fees on transactions and no ridiculous network fees 1.create an account 2. transfer usdt from binance, trust wallet or any other wallet 3. buy shib on exchange. use my link and share 40% on rewards. last 7 digits are my referral code 4785840 i tried uniswap and they charging , 1inch charges i found this to best the cheapest and easiest way. you can also do a full registration and deposit fund directly to trade similar to binance or cryptodotcom but more choice of currency here. i used the above method before kyc verification and it simple. you can also buy from binance: here after id verification
i have a hard time using that site. but,looks to be the best for ico's
can't use crypto.com if you live in ny
unfortunate but awesome that it is available on binance to everyone else.
i do have access to binance but i dont think they will be listing bone on binance. even if they do list bone, i am sure it wont be at the day of launch. thats y i was asking for some other means.
i wanted to send shib from my trust wallet to the binance account and i had like a 25% fee.
reading the q&a in the top post here the devs said they are not burning any coins
see i’m new to trying to buy shiba and i can figure out anyway to buy shiba... i never used uniswap or pancake... is there a link?? i have a trust wallet though
i already belong to crypto.com and that referral shit is bullshit you gotta steak so many cro it is not even worth it
uniswap if you like gas
let us know when. (:
it's a joke because it seems whenever good news happens it drops the price of things nowadays
then 10 millions shiba are not for u
how long is soon lmao? me or you cannot predict the future
i hope your next dmt trip leaves you in a vegetable state
he donated the . '
sounds like you've been going on those onlyhams websites.
if you have issues entering the quantity of shib you want to buy on crypto.com, simply open a text message, type our the amount of shib you desire, copy, then paste into the quantity field in the app, then hit buy. i know a lot of people are getting frustrated with it (i was). this is a quick and easy fix. then hodl! welcone to the fam.
how is crypto.com? if it a good platform to use without high fees?
jesus hodl’d for our sins!
do you realize how high the market cap would need to be for this to hit a penny? edit: it would need a market cap of 4 trillion, which is higher than every other coin combined.
robbinhood will "experience technical difficulties" right at the peak so no one can sell, as per usual... plus, its never hitting a penny, .001 maybe
you can get around the verification wait by just buying some btc on an exchange, and putting the deposit address as your binance btc crypto address. from there, swap your btc for busd or usdt, then swap that for shiba. i am still waiting to be verified...but was able to get in and get ahead!
you’re right, we must wait 1-2 days for see if it work
ahah! time to refill some bags 👀🚀💎
i’m just being realistic, but you can keep skipping in circles with your shitcoin buddies until one of you sells out and screws the rest of you over 😂
you shouldn’t really be relying on anyone financially, the fact that you trust internet strangers on a shitcoin is laughable. you really think they would let you reach a million before them? lol
set it to limit like your going to sell 100% you'll see your funds still show up i think 🙄😅
yep, its in the innovation mode so it wont show in lite because its meant for novice traders
buy busd or usdt, and then get shiba.
you can transfer doge to a wallet on coinbase. can't buy it
it’s erc20 fees not shib then.
i have a 14 million in crypto and like 360k in trust wallet. i wanted to send the 360k to crypto, 8 dollars worth had 100 fee attached to it. wtf
you gotta use other exchanges or site to purchase them. don't think binance has shiba
will do! i’m trying to get off rh as they suck and their platform keeps crashing; finally received approval today for crypto.com and bought 30m shib there... about 5 hours ago (before the big dip of course!) 😂 just my luck lol but will hodl!
i predict you gonna paperhand. lol
did you just google what paperhands means... still going down 🤣🤣🤣🤣🤣 buy more then dipshit...
that's amazing! i do not understand why you seem thisappointed by this. donating such amount to such an important cause gives shib legitimacy, which we need to boost our little coin.
thats vitalik ( founder of eth )who did that not the binance ceo,
now i know where grub hub got their name
youre amazing for this!! im hodl 115mil and i had to make like 8 transactions 😂😂😂
thanks i was having that problem
thanks for the fix! the reason why this happens is for whatever reason, the supply is set at 1,000,000 coins in crypto.com's stats. so you cannot type in more than that at a time unless you hit max or copy and paste. i hope they fix this.
working for me. zero fees the 1st 30 days. i am pretty new to this.but, seems like a reputable site.
yeah the service crashed everytime there is a huge pump though. when doge was pushing for a dollar, crash. when they added shib, crash.
i would recommend binance, much more possibilities and bigger user base, no crashes, you can join through here: [join with us on binance here!](
he was hodl'd to the cross
the subreddit r. maybe there is a typo? if not, consider [creating it](?name=nsfwjesus). --- ^🤖 ^this ^comment ^was ^written ^by ^a ^bot. ^beep ^boop ^🤖 ^feel ^welcome ^to ^respond ^'bad ^bot'/'good ^bot', ^it is ^useful ^feedback. [^github](
0.01 is the best case scenario with the high mcap but i think i'm out after shibaswap pump. this is too volatile of a coin atm.
that’s what i heard about doge.
thats literally the exact same thing that has been said about some of the most successful coins that exist. so do you just make up random things to say to sound knowledgeable? because its clear you do not use historical context to frame your dumb ass thoughts.
don't buy it on rh, we're talking publicity and i think the number one app for buying crypto and stock. we definitely want it listed on there
100%! can’t wait to cash out my doge on rh when it goes up and be done forever!
the way, this is
sounds like you do not want to be here buddy.
not what i said mate. said that internetstrangers have done more for me than relatives, meaning that through sharing knowledge and positivity, everybody gets ahead. and, well, you on here insulting others is not helping anyone but yourself maybe. seems as if you need to put others down to feel better about yourself. quite pathetic. and yes, i think there is a lot of people in the different crypto subreddits that are not only looking for gains themselves, but also wish the best for their fellow men. have a nice day sweethearth.
cause ny sucks ass. there's a few crypto places i cannot use cause it as to verify id and those places are not approved in ny. just dumb ass rules that make no sense
my friend tried 90€ yesterday and the network fee was 780€ :))
repeat after me: never paper again!
well see who paper hands first homie!!
paper handed asf lol
dipshit? have you seen your posts and comments?? lmao
yeah and just doomed us all
glad i could help!
if i deleted the amount that was preloaded into the quantity field i could only enter in 6 digits before adding a decimal, which would allow me to enter more, but why bother... so i could only get a max of 999,999 per transaction. i kept trying to scroll to the left with the cursor but it would reset to the right side... i hope they fix it soon also. glad it helped you. it was driving me insane ha.
ive used crypto for a while. always get my money back and i love the addition with the fiat wallet. so i can pull my investments out for a couple of days when the market is being whacky or i do not have time to look at it. but not have to wait for it to go back into bank before throwing it back at some crypto
how do you even get the . i have had so many people sign up and i still dont see
while jesus hodl’d, judas had paperhands. judas sold out. dont be like judas.
...do you know what market cap is?
some of the most successful coins that exist don’t have *hundreds of trillions of tokens* in circulation. this might help you: [for the love of god, please learn what market caps are](
which other successful currencies have trillions of coins in circulation?
lets reconvene in say... 10 years and see where its at... i'm holding, so it would be great if it hit a penny, but do you realise that it would have to flip bitcoin almost twice to hit a penny... come on dude, do not let your emotions run away with you, be logical...
fair call... fair call...
doge took 8 years, you lot are thinking shib is going to earn you millions in the next couple months 😭😂
nope, i just look through this reddit to look at how stupid you all are.
🤣😂🤣😂 glass houses and stones my friend... perhaps, have a read of your own 🤣😂 are you 14 or 15?
i'm pretty new at this... trying to figure out gate.io😂
people do not read what it says when they see the . they can take the code but it would not give anything til yall sign up for the card. you also have to hold for 180 days before getting the card. not that it is bad. but people do not realize this when they go sending out the code lol
🤣😂🤣😂 you win the internets today my friend.
i’ll take .005 lol
i think they might burn coins later. and with shibaswap coming out people can stake coins and will be getting free coins annually.
that's true but... shiba swap will allow us to change the amount in circulation as they say on their website in the woof pages ;)
youre thinking like we are not about to mine the space system with rockets for new resources to increase the billionaires wealth shit doge bought a rocket think macro
yea but you guys have to realize that crypto is more popular than it has ever been in years... it’s moving at a historical pace. therefore you can’t compare the past and say it will never hit a penny... anything can happen it’s 2021 the year crypto gets the most attention.
that's my way, too
well, ain’t you special...smh now i have someone stupid to watch too ...lmao
yeah it is dumb rules. like even with biance being different from biance us app. makes no sense
biance us is not available in ny either lol what a joke
wow so many hoops lol thanks for explaining it to me. i had no idea
mostly correct. i received the card before the 3 month stake. about 1 month after applying.
thank you thank you, you are too kind
i 100% hope you're right, but i still have my doubts, mainly because that would make me a multimillionaire and that shit seems impossible...
i suppose you could say that, it’s funny to see all these idiots buying long term while i sit here slowly accumulating profits which i can then sell soon 😂
thank you, targrimm, for voting on xkcd-hyphen-bot. this bot wants to find the best and worst bots on reddit. [you can view results here]( *** ^(even if i do not reply to your comment, i'm still listening for votes. check the webpage to see if your vote registered!)
you can get it on bitmart app too
well i'm just saying that is what it says it is that people do not usually see maybe i'll be lucky and get mine early too lol
i have a number of positions open and my finger on the trigger as we speak, i'm buoyed on by the binance listing in regards to the length of said positions.
we hold the line so he can get rich and make her regret it.
sorry man, but we’re here for you bro!
i'm rolling a joint with you in mind. cheers!
only legitimate reason is if you paper-handed. otherwise she’s heartless.
hang in there, we are not just the shibarmy we're shibfamily ✊
when we hit this, you can have any you want
hold your shib one day she will regret it
if you’re a good guy, theirs already a girl waiting for you. just look around it’s probably someone you know.
i'll hodl you bro...
keep your head up bud!
relationships cost money, money can be used to buy shib. you know what you must do
forget love. forget hurt. lift heavy things and put them down repeatedly and consistently. eat healthy. meditate. save fiat and hold the shib line.
shes going to regret it...head up king! forget about her and focus on the hodl... we all got you!
one day you’ll buy a lambo for her, and burn it on her eyes. 💪🏻💪🏻 we are here for you buddy!!
that’s all you need brother.
sorry bro, is here for you!
stay strong. we hold you above the water
hang in there! focus on your health, wealth and healing.
we gotchu bro !! 🙌🙌
my uncle just found his wife of 30 years dead of heart attack in early 60s. things could be worse, get her back or start doing push-ups. only two options to even consider. shit or get off the pot
first you get the shib... then you get the power... then you get the women!!
focus on you, your well-being and your finances...the rest will fall into place!
i mean, you really do not need anything else besides r😽💪
sorry to hear, but think of this as an opportunity to spend some time focusing on yourself, and without having anyone in your life, you can focus on becoming wealthy without worry of someone trying to thissuade you. then once you become wealthy and get everything in order, then you can focus on dating again.
you have more than you think brother, but it’s safe to say we’re all here for you, love and shib good shibe.
thats it mate dont worry, you just gotta hodl till the wife changing money comes along
you’ll be much better off in the long run.
we love you bro
the best revenge is success.
same dude. me and my boyfriend just broke up after 3 years. i feel your pain 🥺
don’t worry when you’re rich off your shib you’ll feel better! money can’t buy happiness but it sure can help!!
in a few years, you'll see her at the bus stop, just push hard on the honk of your lambo'...
got pasted up for a promotion at work for a bs reason, let’s hope we can both can walk away from this and never look back
she broke up with a 2022 millionaire
12 years here, it sucks man. better shit on the horizon.
been there before! it hurts at first, but things eventually get better. only way is up from here! it's okay to feel shitty for a little while but focus on yourself, your family and your friends. focus on becoming a better version of yourself. upgrade your life! you'll be glad you did. if anything it is a lesson learned in what you really want in life and what you really want to avoid. ' also; it would be nice to become rich in the process, but do not tell anyone. you do not want a gold digging b\*tch running off with your money and screwing around behind your back.
girls are temporary. shib is forever
her loss 😂😂😂 you gonna be pimpin and she gonna be wishin👌🏼 stay strong brother
it’s never over, enjoy this space and time to grow personally. i broke up with my girlfriend of 4 years, got back together 4 years later, now we have been together for 6years engaged and happier then ever. we never would have made it without that break
take care of you! this is a really fun place. i come here to get a laugh and may you too. 🙍‍♀️
my gf broke up with me cause we didn’t fight enough little did she know i could buy her literally whatever she wanted…
you’ll be alright. i broke up with my fiancé of five years. i became a huge man whore for the first few months then stopped dating altogether focused on myself and then met my wife of now six years and couldn’t be happier. it sounds cliche but your mate is out there.
after my last long-term relationship i met the woman that’s my wife now. we’re about to celebrate 10 years of marriage and i couldn’t be happier. i know it sucks now, but it’ll get better.
we are with you op. your friends on the sub
forget about it brotha! hold the line! plenty of fish in the sea, throw that line out and grab the next one!
on the bright side, do not have to 50!
girlfriends, deemed by the powers to be to seem essential to individual progress. fuck that. we can progress without their deceptive ideals. shib army unite!
but a year ago you broke up with sombody youve been with for 2.5 years. u must be mormon
no homo but i can be your girlfriend i can treat you way better bro. broes before hoes
she will regret when you drive your lambo
sounds like she was paper handed. you are diamond hands friend 💜 hope it stops hurting soon
im close to do the same, 4 years on sunday... cmon soldier, life is hod- long
girls come and go, but shib army is forever.
no need for a girlfriend when you have an army.
we will always be here for you, until we see .01, then half of us will leave you. once it hits .10 you will be alone again. good news is not for long!
don't compliment that bitch, -your local mommy jeans
this is heartbreaking. your girlfriend will be begging you to come back when you'll become shibionaire lol
life pro tip: dont base your happiness around another person.
i will hold for you my dude! 👏🏻👏🏻👏🏻 screw that cheating skank
i love you bro
she’s gonna need luck. you got it, bro.
more gains for you king 👑
she’s gonna feel dumb when your a millionaire brother hold strong
<3 we are all here for you my dawggggg.
you got 840000 people who love you. you just can’t have sex with us all!
hang in there man. you got a lot of friends here that want to see you succeed!
lets get rich then brother.
peace love and shib. you got this. you’re new relationship is going to the moon soon!
you listen to me right now, soldier. if they come back “wanting to talk” after finding out about your new found luck, ignore them and keep moving forward with your life. same goes to you other soldiers, male and female, who might find yourselves in a similar situation. your mental and emotional health is paramount in these ranks. am i clear, soldiers?
she will be back when we drop a 0
730m in shiba!? dang, son.
more shib for you brother, don’t let her come crawling back after 2 more 0’s drop
4 years? and no plans to elevate the relationship to another level? 😉
we are with you! so many chicks such little time!
she didn’t deserve a king anyway❤️
my ex i was with who i had a kid with cheated on me with my bf. you’re young and about to be wealthy. you’ll pull any chick any of us can dream of. stay positive and i promise you life is just beginning
stay strong brother. we’ve got each others backs here. shibastrong
you can eventually buy a new gf
you'll be able to buy a better one
focus on yourself and money, treat yourself well.
posts like this are so funny it’s unreal
this post made me sad, i hope we all make billions to cheer me up
she already with someone else for sure by now.
that is the way to go! do not give her a penny if she was nasty to you.
holding with you fellow shib 💎💪💎
if your young, which i’m assuming you are by the post, just know this a small bump in the road.
whatever you do. dont take her back. and dont do the “pick me pick me, i changed” dance. get out there, lift shit, be healty, work on yourself, spin plates and buy more shib.
make her regret it sir!
i promise i would not sell until 1 dollar just for you man
do not get back together with her when you get rich
let me read between the lines here... if i presume that she wanted a diamond ring, from our brothers diamond hands and he was put in a position to surrender his shib or suffer the consequences... we solute you brother... \ \
love you to the “moon” and back. shib army is your new girlfriend no homo. 😹
lucky escape, at least your shiba is yours now!! stay strong brother.
hold to show any women you meet that you're not afraid of commitment.
plenty of fish in the sea my dawg. we here for you 😊. suddenly you will have another woman in your life an be like "what was i even worried about"
sorry youre stuck with a bunch of retards, but you’ll fit right in
this is so cringe.
we don’t want you either
go tame some strange. you’ll be ok
if you sell, you don’t even have us anymore
eventually you can buy yourself a new girlfriend
you ma boy, her loss, you are a shiba warrior, bros b4 hoes
even some of us cheated on you and bought doge
tldr, buy more to offset sadness
it might be time to go outside for awhile. your shib will still be there when you get back.
i got you, beer & pizza coming your way
did she take your crypto wallet ?
welcome to the club same thing happened to me not too long ago you’ll be good!
keep ya head up bro !
this community truly is a thing of beauty. she’ll miss your diamond plated cock sock, head up chief!!
dude she did not deserve you clearly, cause you joined shibarmy and will make bank within 5 years
i bet she will regret when you buy a lambo
had the same thing happen. it’s rough at first. just make sure to take good care of yourself! take this time to get to know yourself again. just date yourself for a while. as cheesy as it sounds. find things that you enjoy doing on your own. it’ll open up a lot of doors! till then, i’ll see you on the moon 🌝
she will regret it when you're a millionaire
sorry for you but that is not the end of the line for you my man another one will take her place sad but true just gotta pull through this rough time. we are here for u.
hodl and this will be the best relationship of your life.
fuck that bitch stay single get this bag and live how you want
chin up man! there’s better out there! keep stacking and hodl!
that’s a rough spot my man. keep your head up and take care of yourself, i think we will all be very wealthy in the near future
same here, 6 years and soon to be engaged. life goes on and it gets better, plus we can make money
glad to be here with you.
💎🚀 you’ll have another one in a few months with all this
the shiba army is with you brother, you will find someone better. 💎 🙌 to the moon 🚀🚀🚀🚀🚀🚀🚀🚀🚀
i'm not taking her duties 😂😂😂
little does she know that shib is going 🚀🌙
lots of shiba inu in the ocean. don’t stop 🎣
you need to find a shibette 🚀🌙💎✌️
been there,done that. you will get better in no time!
you didn’t sell! good for you! and we are always here if you need to talk.
just a man, his dog and an army. 🚀🚀🚀🤑
wish sells girlfriends with holes in them
find the right one now and don't tell her you have shib!
fuck it man! pretty soon with the money you will have…you’ll be on your yacht with 5 naked chicks
it’ll get better my friend. we got you!
g’s up hoes down
more money for you!
go through the tunnel of pain knowing your shib army is by your side you will exit this dark phase stronger
she’ll be back when you’re a millionaire... focus on the future... when that time comes tell her you don’t have time for a relationship 😂😂😂 you’re too busy with your groupies!!!! 😝
she will want you back when you rich. and then you can deny her and get a super model
get a motorcycle and you will forget all about her and meet tons more.
when you’re rich off shib fuck her dad to establish dominance
shhh🤫, don’t tell her your a millionaire just yet…
learn and know your worth. 🕉️
best to be single when this drops 3 zeros.
its gonna get better
this too will pass. the sadness and the dip.
stay strong bro! let’s make some paper!!
get a puppy, it will cheer you right up.
and that’s all you really need 🙌🤑
fiancee and i broke up after 3.5 years together. i can relate. always here to lend an ear if you need it!
i had two relationships near 4 years both of which i thought were “the one”. been married for 7 years and with my wife for 12 now and dodging those other bullets is literally one of the best things that ever happened to me. focus on having fun and being you and trust it’ll work out in the long run. if you’re a shiba owner you’re doing better than i was after those relationships!!
remember who is around you now for when you are rich later 💎
soon you’ll be able to purchase her sister
when we hit a penny you know how many bitches gonna be on you bro...her lost...
dang. sorry to hear.
just keep counting the money. she’ll be back but after that you will want someone else and have major fun on those private jets!
get over it all women and relationships are temporary shiba will change your life in a way no women can.
4 years? i’d say she’s worth about 3 sluts. now get out there and get over it. or rub one out. i don’t give a shit.
you’re going to get through it brother.
we're here together bro. you're gonna be caked up driving past her in your dream car with your btc bittys soon
it's ok. you'll be able to buy her back soon.
there are more women in the world. you got options. and you shiba and your left hand and right hand.
we got your back brother. brighter days ahead i promise you.
flip her off when you drive past her in your lambo. this is the way
bro backpage is back again
just pull up on her in your future lambo.
meet me on the moon in your lambo new friend
we got you dude! stay strong, stay tough! be like a rhino: cannot look back...only forward to the good things in front of you...the dreams that you're gonna smash!!!
yes you do you have millions of . stay single until then and enjoy life.
lots more women in your life when we delete a few more zeroes!
here's hoping we moon soon so you can get you 10 girlfriends and shit on your ex. chin up brother
eff her, you will recover
i hope one day you will see her at a traffic light in your lambo and she’s is in a prius 💎🙌🏻
do what i did, sell her ring and buy shiba with it.
hold the line soldier
your good dog. in real life she is just a piece of ass.
lesgooo, you did not need her anyways. once you are a millionaire, she will be crawling back
she is gonna want you back after shib moons
oi boi, you gon b swimmin' in dat doe like scrooge mcduck. simple equatin' dem does=dem hoes. lotsa fities=lotsa titties. and so on and so forth, etc.
once you hit big you can buy a new one
put in another 500 for you brother
good move ! very smart !
that hoe does not desserve you, homie. hodl with the rest of us. this is the way
sorry bro. stay strong
when she sees shib hit the top she will be back and you will have a hotter chick hanging on you
aye man her loss unless it is your fault...does not even matter you're rich now
i’m about to smoke my last bowl in your honor. soon…
i'm sorry buddy, virtual hugs. distracting is underrated in the journey of forgetting her. good luck, dale para adelante.
she’s gonna be really sorry, real soon. 🤑
least you’ll be rich
you’re girlfriend left you after being together for 4 years?! good, pick up your phone and buy more shib. you’re family thinks you’re a pos?! good, pick up your phone and buy more shib. you’re tired of being broke and seeing the next guy living out your dreams?! good, pick the fucking phone and buy more shib. i want you to deal with your problems by buying more shib. and one day, if you have diamond balls, you will be more powerful than many ceos in the united states of america. god bless you my shib brother 🙏
a pretty soon you will be the one laughing all the way to the bank.
hmm...think of it like this what does bill gates, jeff bezos and yourself have in common? if they couldn’t keep there s’s then sit back and watch the money pile up.
i’m in the same boat buddy, she broke up with me last month after 4 years
she will never be able to fill the hole inside you like shib will
were here for you bro. dont let ex or future girlfriends know you holding shiba inu
stay strong brother. you can wipe your tears with 100 dollar bills.
itll be oookkkaaayyy you can buy love soon 😂
buy more shiba and call it baby lol
buy a new one when you cash out !
wanna date? i’ll be your online spouse.
omg my boyfriend and i broke up after 4 years as well……hopefully we’ll be rolling in lots of hundreds soon to mend our hearts 😂🚀🔥
there’s plenty of shiba in the ocean...
sorry bro her loss... huge! 🐶🚀🌙
what till she hears how many coins you have. hoe is running right back to you !! 😅😂
we're with you buddy 👍
the best revenge is a life well lived. we empathize and encourage you to keep marching forward.
when shib makes it you'll be drowning in butt cheeks, king. chin up and move forward, if she is gonna trash you she is not worth your time or effort.
you in near houston? i do not have much in the way of friends either, been heartbroken a time or 3 myself. if you'd like, well go check out the renfest and be drunk and sad and single, flirting with elven eared freaks in chainmail and scantily clad salty bar-wenches together!
you have lots, your fam, your self.
i bring you friend
ridiculous post karen, if you define yourself by your girlfriend. please sell and go to dogecoin, we do not accept kunty karens
how much you holdin? i’ll date ya 😂
stay strong. if the next woman is worth keeping, marry her after one year. and think what shib will be worth then?
you’ll have a long line of suitors after we hit a cent. in all seriousness hope you’re doing alright and take the time you need.
family is more important. don't think so. know so!!!! <3
girlfriends come and go... money lasts forever... -nostradamus
drop f coins in the chat.
im sorry bro, for these tough times. love is tough! im currently dealing with the same with my girl and doesnt feel good.
better off alone but not really
for the best i guess... find a shibarmy lady!
i just ended my 3 year relationship. it’s time to focus on the money and level up my guy. make them regret everything
gonna buy 100k for you homie
sorry to hear that. my family no longer talks to me and i accidentally piss off my fiancé all the time. if she leaves, all i have is my eight-year-old daughter and the shib army. knowing i will have a lot more money someday helps me get through the day.
we got you my guy! hodl for the broken bois!
hey brother, we are here for you. there are plenty of fish in the sea. don’t let her bs stress you out and move the fuck on when you are ready. until then, we need you here in the . we can’t afford to lose good men. shiba out.
time to work on the better version of you and keep your shiba hand strong. good luck, homie.
fk yeah my brotha let us cry later on a mountain of money😂🤣😂🤣🚀
so she single then?
stay strong bro. better times are coming
all you need bro 😎
we got you fam
look at it like this, once you become a millionaire she’ll be knocking at your door. be nice and open it, than “say all of this could’ve been ours…. but now it’s hers” proceeded to show her a bad bitch and close the door gently so you don’t damage your own door. fuck her bro, we’ll get through this together as a community!! head up champ we’re soon to become rich.
don’t sweat it…we are here for you. big hugs.
i can’t wait to buy you a lambo with a european model riding shotgun so you can cruise passed her house to let her know how it could have been. stay strong, breddah.
we here for you bro
me and my boyfriend brokeup and i'm sitting here with 20mill shib, my hearts out to you!
my prayers 🙏🙏🙏for the best! 🚀🚀🚀🚀
fuck all you hoes! get a grip! -biggie
in bros we trust!
let’s pump it for our guy. let’s give our guy a valentine’s day to remember with the new bae, a classy valentine’s date!😉
all you have to say to her in the words of dave chapell "im rich bitch."
now you can get more shiba!!!!
we got your back
that’s all you need baby! cheer up this is the armies best week to date and she don’t even know it.
last girl i broke up we was together 7 years you’ll be fine
drive past her in your new whip!
a friend told me once. the next one is always better. it’s true
we got you bro
never fall in love dude
i feel you. i had a similar experience when i was younger. let's get this bread.
don’t worry bro once you are rich you can buy yourself tons of girlfriends!!!
we gotchu man. hodl and be ready for someone better to enter your life.
trust your intuition. my wife told not to invest in cryptos because all are scams. i regretted that i put all my funds for else and missed the crypto market. i bought shiba inu and exchanged all my ada coins for it.
been there and the new normal was weird but it’s how it goes... stay strong. i got diamond hands on shiba and my new girlfriend lol…
she broke up with a billionaire. why would she do that?
you're going to be better off.
it will be okay fren
shib will always be there for you even when everybody else is gone.
plenty of girls in here, right?
the easiest way to get over a girl is to get under one!
add more and make sure you let her know when you are rich
good when you moon you can start your new life on your terms and choose to do what you want.
thanks for being here pal. we appreciate you. side note, she’s gonna be hella mad in a year or 2 😂
hit the gym and don’t masturbate you will be fine in 2 weeks
it’s going to get better. in a year when you are super rich. you can bring all of the ladies on your yacht. and if you want to bring fellows on your yacht. we don’t judge shiba is for everyone.
bro when it eats away a couple of 0's you will have your choice who you wanna wife xd
just hold the line she’ll be back next march when you put massive down payment on a house and show up in lambo. then just as she decides she’s interested again you decide what you want 😈
she gonna regret it…….when you dating supermodels and attending hollywood parties. 😀
hey, wanna come over? we can play some games and buy some dips.
this moment is like when simu liu’s gf left him and he was all alone with his husky, right before he got cast as a marvel superhero. it’s an opportunity…
shiba is the only love we need brother.
that’s weird my girlfriend and i just broke up and we were dating 4 years as well… good bless bro i know the feeling. it’s easy to thisconnect with everyone else in a long term commitment of such as it happened to me to. i’m still getting back on my feet but decided financial independence is key to solving my issues with friends and having a good life filled with joy. i’m 21 so i’m making that mental transition from the high school early college years mentality where reputation is the key to most good or fun things. now it’s transitioned into wealth = key to freedom and good relationships. focus up my friend, the right people will cross our paths at the right times. focus on yourself brother.
what's up with all the woe is me sympathy posting lately? life's tough, get a helmet.
i'm sorry to hear this. i know it is painful. just went through a divorce myself. what an emotional rollercoaster. it will take time. focus on yourself, exercise, get good sleep.
many girls out there… also escorts!
we got you bro. sooner than later you'll make wife changing money.
sorry to hear about this but we got you
this is sad but im with you
reconnect with old friends, find a social hobby, get closer to colleagues at work.
she belongs to the streets !
congrat for your shiba, i have 15millions only.
brother... we love you, if you need anything reach out. when we are rich we have a chance to change this nasty ass world, see you on the other side soldier.
ape that likes games checking in. my divorce of a 5 hear marriage finalized in early january. i sold january 27th, damn near the top. you'd be surprised my friend, thing will rapidly get better.
girlfriends come and go - investments are for life and good ones open newer and better doors so as this one closes keep the next chapter in your life alive and keep on smiling 😊
i'll be holding for you bro
we hodl you now too
i'll be there for you, when the rain starts to fall.
all of you take a second and research kitty inu. i think they’re on to something
at least you did not have a gold digger :)
you have diamond hands, and a diamond heart 💎
keep buying. she is meant for the streets
well sell some… for a hooker... they helped me.
lfg!!! hodl with you shibarmy strong 💪🏽 💎🙌🏽🚀🌑
without knowing her part of the story i think guys should not judge... the girl spent 4 years with the dude, maybe she gave up on waiting to get married... women have a biological clock abd after a certain age cannot get kids. maybe op is a slacker or a womaniser. who knows. all we can say is yeah for the shib you are holding and may it make your financial dreams come true.
kind of same. my wife and i been together like 11 years and she would rather play games online and live in thiscord 24-7 and makes zero effort to be a part of my life or do shit with me unless no ones online. i have such a high expectation of keeping her attention also that if i start talking about things i'm into she shows total lack of care and concentration and dips the fuck out. i'm about over it.
shit son! what price did you buy in at?
so basically you are asking us to buy because you broke up with your gf?...anyway be careful it is not nice to broke up a second time, and if you are holding because you do not want to feel the same experience you had with your gf you are doing it wrong. just look at the chart and make the right decision.
it's been 4 years mate.
hold on strong my dude, not just to shib but to life. i swear we gotta have a shib convention when we all become millionaires.
dude you have freedom and soon you’ll be a rich ass magnet and you can stop with the gf shit.
ehh dont sweat it man girls come and go but a real woman will come trust me for now keep buying more shib and lets get these tendies man
i know the feeling. you’re onto bigger and better things my friend!
lol i got a new shit job in sep temver laster tow week... now in october every one is like get a job and im like tettering on the edge of specing out a lambo... but idc msybe i will take the £10 hr shit job for a bit and long term hodl and load up on more
when you get rich, there are lots women out there waiting for you.
clearly she was a paper hands.
oh great man you are a hero you will be a billionaire one day
dont be a bitch, fuck em hoes
she is a fool.
we holding together !
with you on this bro. my wife and i just split after 5 years. she wants me to just send her half of what our crypto portfolio is valued at in usd. i’m glad she doesn’t want the actual digital currencies, cause i’m gonna hodl like a mofo and try and make back some of the $. keep your chin up and know we got your back!
sorry to hear it man but dont get back with her what ever!!!!! find someone else you split for a reason and that reason will always be there.
with 730 million shares when it hits .005 sell half then take her sister on a month long vacation and post everything on social media. if she doesnt have a sister take her best female friend. oh just read the rest of your post, in that case since you wish her the best leave out the social media!
somebody sounds like they have sour grapes 🍇
copium "you guys are here for me"
you'll be fine. hopefully, you'll find someone who will make you happy.
damn i got 50 million. i wish i bought a lot more earlier
together we will hold the line and you will prosper!
you do not need her we're strong 💪 in the word's of frank zappa broken hearts are for ass holes
sell some coins and get a date or a shrink weirdo
you have us now but fortune remains in your future kind one. you’ll find exactly what you’re looking for as long as you continue to follow your heart. i love you.
you better not get back with her when we all become rich lmao
very unhealthy thinking, go out there and do not for a second think that people in this subreddit mean anything to you. everyone here will sell and bail as soon as it hits the price they want to. please find help and live your life.
u ain’t gna need a gf after the next run buddy. it’s prob best for everyone. chin up.
turn her ass back around at the door when she comes running back to you after your rich from .pay back can be a bitch and with that many coins it is just a matter of time before you score the big one.wishing you well and a happy life from here on out!
when she finds out your insanely rich, don’t take her gold digging ass back. she will come for half!
this is where you belong
i'm right there with you, mine of almost 6 years gave me the "we need to talk" talk and now i'm living on my own loving life... nobody tells me to sell, now i can hoard them all and not share.
that is good. last thing you waant if you hit it big is a wife or a girlfriend lol
perfect timing, now you can spend your shiba money on whatever you want
loool she fucked it bro, youre with us now - hodllll
be glad you wasnt married... she would of took 1!!!!!
it’s tough man but you’ll get through it. had a bad break up a little while ago after 3 years. in hindsight it was meant to be….
i'll bet you 100m . lol ' hodl strong
we are here for you bro!
you’re the reason i hold. let’s get this 🍞!
wow that is super sad man. while having shib and the potential of getting rich is great and while this reddit group has amazing people having this group as all you have is super depressing. wish you the best and hope you can find amazing people in the meantime!
rub one, nobody cares about your private life and your urge for attention. pay a shrink
what an absolute fucking bottom of the barrel looser. holds on crypto, lost a woman, have no one else except for community that is build on idea of a market manipulation fraud scheme based on numbers and now he is trying to appeal for a pity having a massive share in that scheme. and chances are this story is just a manufacture ad, not that it matters in life that is equal in substance. your existence is a waste of any measure possible. my hopes are in your downfall and eventual lost of sanity lead by a grand departure, so we can all enjoy, even for a moment, all the things that you presence consumes every second of your unessesary being...
cringe get a life fr
i do it only for him
a big hug from a small guy 🤭🤗 life is going to get better. hang tight buddy!!!
my man doesn’t need to be rich for her to regret it. my man is already a king 👑
but it is ok if she is well. sometimes things do not work, and it is totally fine. feels awful but life comes in seasons. i wish them both the best. also i am holding like a motherfucker because shib gives me the treasure-hunter hands
i finally have a purpose beyond my own selfish desires
this is the way fuck those whores
if china is able to split out millionaires and billionaires then there is no reason we should not be able to in shiba
shibs r assets... gf r liabilities...
better yet, everyone buy to make him rich.
that hoe gonna sleep with the poors
keep me in your thought too, my bday is 420 but smoking is illegal here. :(
when i am rolling a joint is the only time you will catch me with paper hands
still holding every single shib
yeah and in the meantime op has more money to spend on shib and less on some broad. hodl.
ops girl left for someone who owns 500 bitcoin ...
does his mom count?
just make sure they use protection when they put their "shiba inu"...
get her back or start doing push-ups/ shit or get off the pot not that i thisagree, but that is 4 options. ;)
i mean a nice lady’s kinda nice to have around.
get a custom horn that yells "sup bitch" and skert off with extra exhaust spraying the spot
that is definitely the way.
it's actually the same girl, we broke up at the start of covid and we got back together after a month.
thanks for the laugh hahah
we did talk about getting married but i live in california and houses are too expensive. i did plan on proposing in 2022
pretty cringe being this negative too
some things are cheaper to rent than buy.
**this word(fault) has a few different meanings.** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(should i die?)]( ^() [^(delete)]( ^() [^(report)]( ^() [^(github)](
this is the reason i check reddit everyday :)
i do it for the person that’s going to shove a popsicle up their ass
woke up and chose to spit facts!
tone it down with the incel crap dude
it do not matter if shiba goes up or down. i'm already on the moon!
when has that stopped anyone?
when shib made you rich, you can go on holiday to every country in the world to smoke one (eating a cookie works as good if not better by the way, do not have to ruin your lungs, just saying)
underrated comment, for sure! 😂
don't worry, my man. you'll get rich and find a better woman for yourself. keep believing and stay positive bro.
4 years is awhile…but believe me - you will move on and the right girl will be there some day
lmfaooo every single shib
shib is your girlfriend now
i stand corrected with my sloppy math
you saying there are not nice ladies on this sub??
so you recycled. theres your problem
yeah dude, forget her, only fools trip on what's behind them...yes i read that on a meme, and yes, it is still valid.
as a woman, i think she’s hurting too. you can’t just throw away 4 years. but some things happen for a reason. give it time. time heals all wounds. though shiba will make you a millionaire, i do hope that you will find someone whom you will share your wealth with. 🤩😊
bro i've dated a gold digger man not worth bro
passsss to the left!
quick pro-tip. don’t tell her you’re rich.
maybe not better, but certainly more willing
just do not go falling in love with the first piece of puss that lands in your lap while you're holding big bucks homie.
why stop at one woman? diamond hands can have as much as they desire.
that’s actually a good question. i don’t see many ladies. kinda hard when there’s no pics. 😂
we broke up because of extreme incompatibility... i saved up a down payment for a house but she said she expects me to throw 100k into our wedding. i told her i would rather invest those money over a night of glory for our wedding. there also other issues which will take me a while to type but private msg me if you want more details.
well my point is we should quit with this blanket condemnation of all women as whores... a babe leaves a guy... and everyone automatically assumes she is a gold digging whore... what if the guy is just a slob, or whore himself?
pass the dutchie! 👍🏻💨
no, do tell her you’re rich. then pull up in a lambo, ask her new bf if he wants the lambo instead of her, the new bf takes the lambo. plot twist, you give him the wrong keys. you take the lambo, leave her with the new scumbag bf that just left her for a lambo. problem solved!
i like your thinking, m8
don't worry, there are more than doods on the sub. so it is like you have tons of ladies around! 💪👍
there are nice ladies on this sub. source: am one.
there are ladies- shibaqueen here, so mind your manners 🤨
oh wow, you did put your foot down. but i gotta give her credit for sticking with you for 4 years and you for indulging her likes. but i do think that incompatibility will work out as long as both of you are willing to compromise. it’s hard when only one person are doing the compromising 😬😬
somebody is a bit touchie. get off the internet if you're catching feelings.
all depends if you want true love or a trophy.
she has never taken another lover. i don’t care. i go to berlin. that’s where i stashed the lambo.
better yet let just let her see you shine bright like a 💎🧤 🧐
who harmed you so much, bro? 😅😅😅
wha...m01stpump3r is not a lady name?
lol... jus sayin it as it is... all the incels girl-bashing are the ones catching feelings
or tell her you're not rich, eventually go out on occasion doing things rich people would usually do, and when it becomes official you get a prenup and say that you are rich and spoil her once in awhile, but when it does not work out and she tries to sue you for money after a divorce take your money to an offshore account that is not monitored by the country tax man, then buy back on shib and claim you're poor. that would totally screw with her mind.
time for some schrutecoin.
it sounds like you’ve just done this
that’s some thought out into this.
then you haven’t found it yet.
is a shib love story going to unfold in front on my eyes? i hope you two meet and hodl eachother close
probably in another dimension where shib is .50.
would be a lovely love story, but i'm better at being a wingwoman. we shall instead celebrate our love of shib and grow hodl together, with the rest of the army.
looks like robinhood going be last to the party
1) you need to charge your phone. 2) very good news!
it means time to spike or possibly skyrocket.
here comes all the new investors asking about lambos and .01 for the next few weeks
we didn’t come here to compete, we came to dominate!
let’s support kraken and all the exchanges listing shib! lfg 😎
you son of the bitch, i'm in.
so do we all love kraken again?
this just the beginning of great things to come... to the moon!!🚀🚀🚀🚀🚀🚀🤑🤑🤑🤑🤑
another exchange listing shib
omg. it went up
the price is rising already. i\`m glad i bought the dip yesterday.
several weeks ago… “fuck you kraken. here’s 1 star for your inconsiderate dumbfuck lying asses” today…. “holy mother of cthulhu and all things glorious of the sea! kraken is our new lord! all praise kraken!!!
jacked to tits! i like when shytoshi mentioning about shibarmy!
anyone who left a 1 star review on kracken, please update it and show them some love. thanks
🤡👽💯💯💎🙌 buy now it’s on sale not financial advice
lets buy this dip and let it rip like beyblade
man i bought at 0.0000710, i hope this skyrockets for realm lets go !
just bought my first shib coins. 👍🏻
shit get in while you can! take a seat 💺 and is about to take off
just purchased my first 23mil shib! excited to see what's next.
lessss gooooooooo baybauuuyyyyy 🔥🔥🔥🔥🔥🔥🔥🔥🔥💰💰💰💰💰💰💰💰💰💰
everyone be nice to kraken now please lol
what does this mean
we're not here to take part, we're here to take over!
they were likely the recent "whale" that spent 558 million. they were waiting for a dip.
this is the way!!!!
now we only need shibarium right? and maybe rh listing
fuck vlad!! let’s gooo 🚀🚀🚀🚀
iv never even heard of kraken, remember before y’all blow your loads it took weeks after the coinbase listing for us to moon! patience is key, buy the dip!
took em long enough. had to dump the price to buy in cheap first i guess
fuck yes boys! fuck yes!
is it actually available to trade now or are we still on kraken time?
trading volume up almost 50% in the last 24hours 🚀🚀🚀🚀🚀
very good news …
robinhood getting jelly … 🤫
finally some good news 🤦‍♂️🤦‍♂️🤦‍♂️
awesome but they also suck for what they did to us. super slimy.
there was a big ass dip to buy before this fuel up. hope those who could did.
we gonna knock out couple of zeros, then robinhood his gonna come and we gonna pass !! let’s go shibas!!!
oh yeahhhh. we'll go for another million of shib holders. hopefully another zero gets knocked out next year.
start churning butter and put on your church shoes little sister, cause we're about to blast off!
you all praising kraken now but you weren't doing that when some of you were raiding their playstore reviews with 1 star 🤦‍♂️. anyway this is good news.
lambo yellow, orange or green? fk it i buy 3.
shhheeeeeeeeeeeeessssshhhhhhhhh what we were waiting for!!’ lffggggggg 🚀 🚀 🚀 🚀
vegeta is my favorite character so it has to be a sign that shib is headed to
don't quote me, but i can see this erasing two zeros. how insane would that be.
finally! only 1 month after the fact
good thing. i’m gonna move back from india. went to see some price action but that place is booring. let’s go kraken make us feel like we crack-ing.
sorry for being dense ... what does this mean?
which one is a bigger exchange? binance or kraken?
few weeks ago most of people were like "fuck kraken and let us give them 1star reviews." kraken lists shib and people pretends that nothing happened (no insults with 1star reviews).
congratulations 🎉 🎉💣 go shiba goooooooo 🔥🔥🔥🔥
if anyone sees this that does not necessarily understand why kraken is a big deal...it is considered a platform and exchange for institutions. when institutions start trading shib this could be even more exciting than it already is :d lllffffgggg!!!!
i updated my review to 5 stars.
that's awesome! now will some soldiers help restore their google rating?
good job hodling thru the last week!
oh shiet! if only this was happening during the bull run
get back to your 🚀🚀🚀 fuckers, we're goin places
robin hood yells at the neighbors to turn their music down
this is the way💎🙌🦍
yea been buying today sense early this morning. dropping futures orders as well :)
up is the way.
just came here to say they released shib. from 30 november it will be ready to trade :d
ok, so we need to correct those bad reviews soldiers, lfg kraken 👌
if the do not do it at this point, they will never do cuz the price never gonna get back to 40's, nice nice! cheapest price by now, more tokens... the know they know, lfg shibarmy
not getting my hopes up. isnt this like the 3rd time kraken has been talking bullshit about listing us?
this is like the 4th or 5th cefi to list right? expect a small bump, but law of diminishing returns at this point; adoption and public marketing is what is needed. i personally don’t expect a zero to drop but that would be nice.
didn’t this already happen
it's time to turn that 1 star into 5 star.
yayyy... a dip incoming... get ready to buy more smh
yall were over here leaving 1star on the app. shame
no it’s not. i just check my kraken and shiba is not trading on there.
robinhood is the only exchange that matters if it gets added
good news, but fuck kraken
this is kind of ridiculous that this post was allowed and mine was not... i posted mine well before this one...
i can’t believe it’s not butter.!
i thought they wasn’t going to list shiba??
is this real life??? 🤯🤯👀👀
you can also buy shib on 1) bitmart 2) and the blue chip trading platform crypto.com. with kranken accepting shib now, i believe robinhood will announce listing shib soon as well.
right impuls at the right time!
i'm seeing a tsunami in the chart soon but upwards
lets fucking gooo!!!! 🚀 🚀 🚀
so hard right now
no wonder there was a rise in value lol
can't find it in kraken!!
is is a 0lane, is it a bird, nooooo! it's shibaaaa inuuuuu!!!
shibs volume as of right now 1:57 pm est is 2.3 billion🤯
is that why it is up 10%? cool. hope it effing stays up.
bought some yesterday , just bought
after the coinbase listing the news media went crazy for this hopefully they keep that same enrgy and talk about this in the few hours before the listing happens then we would really end up on the moon
all the way up keep it coming
10% up today brrrrrrrrrrrrrrrrrrrrrrrr
go give kraken 5 ⭐⭐⭐⭐⭐
the kraken rises 🐙
let’s goooooo so i can get off again... lmao
its usless because its already on binanxe
i’d buy more, but i already spent all my fiat on shib 😍🤤
wouldn’t the pump already have happened as kraken had to buy pre-listing so they had the coins to sell.
this means that they fear the reviews and social media attacks. apply same formular to robinhood
i picked up 50m before this news broke, timing was beautiful
last station left ... get in 🌪🌪🌪
now that’s gunna move the needle!
idk why , but the other day. i kept saying release the kraken 😅 crazy shit !! i think i even said it earlier today 😅
robinhood stock look like someone going down the mountain on skis or a sled i think they think down means up .
they should reinvent themselves and call themselves princejohn finance. maaaa meeee mommy.
check out their stock. 😂😂😂 shib to the moon! 🚀
ceo for rh has no idea what she’s doing
robinhood is known for shutting parties down.
it does not matter if they are last or not. if they do eventually make their entrance, it is gonna be huge for all of us. if there get to be more places than newegg taking shib payments, plus robinhood, it will be time for blast off.
robinhood can go suck a dick
robinhood is just being cautious to the party? wait … they are very late
robinhooood is scared that ther servers will crash 😳 that is the reason they do not list shiba
shiba inu to the moon 🚀🚀🚀🚀🚀💎
3. you guys getting reddit notifications??!!!?
sheeit, needs to charge at 30%? come on man
low energy state is ops special skill. google "nerd rage".
he's using all that power to fuel the shib army!! lol
shibarmy and amc ape phones are always near dead.
3. this was all a lie
did it spike or skyrocket?
i'll be happy if it gets back to ath and higher. this is just shib starting to make back unrealized profit from a month ago for alot of us.
what? you guys not have lambo's already?
exactly more "lfg , moon, and 🚀" posts. i have a suspicion that the more those 3 are mentioned on this sub, the price drops.
we are gonna knock off 2 zero's soon!!🤑🤑🚀🚀🚀💯
is this just fantasy?
hope we get to ath again. was so depressed how it got cut in half. lfg! 🚀🚀🚀🚀🚀 get rid of a zero!
one of the biggest!
was this the one where they held a poll and that other coin, floki i think, thought they were gonna win?
not for long. shib is a dead turkey.
its more cause of btc rising
that’s how it is! they caused a huge dip with their premature announcement, so they caught hell.
shytoshi is probably here incognito.
i'll update it tomorrow...
why? they contributed to a \~47% drop (from around 0.000071) so now everyone that believed their tweet that was a blatant lie lost the opportunity to make about 82% gains (from 0.0000378 back to 0.000071). but you can be sure anyone on the kraken team knew the tweet was a lie and waited for the imminent dip to buy in. textbook blatant market manipulation. ' edit: it's the individual's fault if they sold but even if they held, they lost the opportunity to gain 82% and instead are just rebuilding their initial investment to break even.
wish i had 😥
kraken (a very big crypto exchange) just added shiba inu to its platform
fasten your seatbelt and put your tray in an upright position.
i can leave shitbase
back to ath baby! lfg! 📈🚀🚀🚀🚀
they caused the dip by not listing it when they said they would. then fud sets in and tanks the price...then they buy it up off-exchange. fucking assholes honestly.
and the gaming by the aaa dev and we are good to go!
and mr. mayo lol
they are new to crypto, dont mind them.
the email i just got from them says the 30th.
past . and losing a couple zeros? yeah, maybe one year. hey, i’ve only been holding for almost 5 months, watched a zero thisappear. sure, i hope all the zeros go away. but i don’t think we’ll lose them all, even losing 2, won’t be for a while. i call one zero down in 2022.
things are about to get slippery
fuck lambo, i want a porsche cayanne gts in red.
only one per person or there would not be enough for everyone.
people who already have kraken can now buy shib on it without a secondary exchange, and new homies who weren't in the crypto game before can purchase it if they pick kraken as their exchange. win win all around
lolz you cant be serious right?
some other guy on here wanted to donate plasma to buy more shib earlier. don't waste it, catch it and send it to him so he can go cash out and get more shib. nfa
i only use hotbit to buy weth to swap for gorilla inu, can i get gorilla inu on kraken?
they never said they wouldn't or when they would. they now have given a date. the date is tomorrow. 🍻
uh no there was a big o drama about it not happening. don’t keep up much do ya
you should be able to make deposits on shib now. trading tomorrow. the announcement is official. there could be a delay. faith in the cause
how did this get down voted? it’s just an honest post. lol.
do you yell at your mom when she doesn’t make you food too?
farvah-esq comment here… much ape big smooth noodle
on a side note in regards to crypto.com, they got the naming rights to the lakers stadium. so in theory it should hopefully bring in a lot more traffic through the advertisement of said stadium.
probably that and a combination of newegg. i do not believe trading officaly starts on kraken until the 30th. at least according to the email i just got from them.
what's a young boy from bulgaria to do
hell yeah… loading up! 🤷🏽‍♂️ (i don’t and have never fucked with them personally for my own investing… but i’ll take some cheap shares… they ain’t going anywhere… still most popular onloading platform for investing newbies…)
most ceo's do not tho
for not knowing what he’s doing he’s done fairly good for himself 🤷‍♂️
next accept payments on amazon. 💪💪💪💪
like robinhood in shrek, they’ll get punched in the face.
i don’t use robinhood they got no one blame but themself i’m sure now they realize it’s not just meme anymore nobody like be last
how anyone can still trust robinhood is beyond me.
robinhood can suck 14 dicks!
i think they learned* their lesson and probably won’t start listing a bunch of new tokens (new to them) until they launch* their* wallet and people can move crypto more normally edit: corrected voice to text typos
weren’t they last to list doge?
i think op's the only one.
knowing your back is against the wall, charger out of reach, and outlet in the next room over will bring out the savage beast that lies within us all.
lol trying to alot of nay sayers though
i literally did just that when i saw the kraken post, forgot the 💎🙌
👆i trust both these guys
i can deal with that 🤑
caught in a landslide
this link is not real. it will have you install what looks like twitter from the app store. i already have twitter on my phone. why would i have to install it again. his site does not have this on twitter. don't follow the link. the news is real just to clarify!
its not healthy for any investment to just continually balloon upwards. you need corrections for long term growth.
commenting to yourself now shill?
maybe one of the mod
thanks. let’s pass the word along. much appreciated
please do not stand up sir. the plane is about to take off.
did someone say joe? 👀
it’s about kraken it’s all about bitcoin and it’s pumping don’t miss the boat. all hail the shiba
i want a pinto
biggest is hotbit.io hands down
-chapter one: vlad the impaler... -chapter two: mr. mayo
yeah and the first time they said it would be on that friday so they’ve given dates before and they’ve fallen through with it, again, i don’t believe kraken or anything that they say i’ll believe it when i see it. no fud just sick of seeing saitama get pushed around.
not since i cashed out.
cry in his wheatie-o's
from my meat stick!
he? the ceo is a she and they just experienced huge losses this year according to their quarterlies.
man they still do not accept btc
this needs more upvotes. 🤣
robinhood has become the meme.
they beat coinbase pro by a ton
too cautious… party started. may be coming late rather than not coming at all.
i made reddit lol but no people wanted me to be a mod on others subs so i turned on the notifications
hahah hey, i love the positivity
no escape from shibality
thats weird maybe a bad link. i'll unlink it thanks
true but still depressing seeing it. haven't sold a single one. let's get back to ath and higher! kraken tomorrow baby! 🚀🚀🚀
yeah, i have yet to see a cent of profit sinceci fomo'd in. it has been a month now. rip. i'm hodling tho
go to ada community
i’m just being honest. i hope it goes up like everyone else. but it’s plain to see we were manipulated. i won’t sell but i should
sir, put your pants back on.
i want a 97 toyota corolla
i guess i was thinking founder, i’ll check out ceo.
got you with one more
because 13 just am not enough, but 15 is a bit overkill.
coinbase was sooo late to that party!
this has been a milestone for shib for a month, it is gonna make some nice momentum. just watch for the rapid pumps, that is whale games and they do not last long. the next hour and a half do not look away from your phone, my gut's telling me it is about to pop.
any way the shib blows
always remember, profit is once you sell it for more than you paid for it. don't worry about unrealized gain. worry about how confident you are in the investment and the gains will come in time. right now instead of looking at the portfolio value, start planning your exit strategy so you're not left scrambling when the time comes. it will happen, give it time :)
holy shit! this is a tremendous "in the words of michael kelso" burn!!!
*forgets to switch accounts and make a fake conversation* “i-im just being honest” gtfo you nerd. we’re hodlers here, not paper hands with multiple personality thisorder. i’ll remember you even after you inevitably delete your comments, timberlewis.
sell and get out.
no point, they’re all brainwashed morons.
you are a true dreamer and i admire you
that’s millionaire next door shit!
vlad is a chick-fil-a
i meant coo not ceo, christine brown. she was the one making decision on including shiba.
could you elaborate on what you mean by an "exit strategy"?
this was a total gamble play for me . it’s either win big or lose big for me . good luck.
i agree tyler. i’m in hopefully till .02 but i’m just sick of the dark forces that are constantly manipulating shiba.
i promise subarus are "the millionaire next door"
that makes way more sense. thank you for clarifying, i was wondering if sarcastic or troll 😂😂 to be fair the coo appears to have a net worth of 6 mill so she also appears to not have done bad for herself. job performance is questionable tho
it appears they have a different girl as coo of crypto
presumably you're not planning on holding forever. when the price hits a number that makes you comfortable to sell some or all of your holdings you need a plan. how are you going to convert back to fiat? does your exchange have withdrawal limits? how will you cover your tax implications? stuff like that.
thanks! obviously, i'm relatively new to crypto, but this is currently the most i've ever gained from any investment. i do have a number in mind, i just have to commit when it happens.
we are all shytoshi
in bro we trust
just stick to your plan...remember: bulls make money, bears make money, pigs get slaughtered
i tithe my daily bread to tmb.
one of my favorite bands had a song named that. must be a sign
its not about the amount you hold, its about how long you will hold it with us.
very nice, very nice (borat voice)
i’m buying every week 5million shiba i only stop buying when reach 0,000032000 i have already 15 millions shiba and i’m lost almost 50% holding until 2023😂😂😂😂😂
finally, something i can relate to. lol
lmaoooo holding 55m here
am still holding 2bill
100k isnt even 5 bucks is it?
i got about 2m shiba. gonna hold til i can afford a retirement for me and the wife.
made the decision to cash out enough to triple my original investment and still sitting on 700 million, now i can rest easy and see where this coin takes us, see you on the moon you fuckers
i'll hold till 0 or till it moons. its mining money so who cared
that’s not me since my investment is hundred times higher than that amount of money but still that’s a good word
i do this everyday. shibbbbbaarmy 4 life. make us all rich.
in latoken shiba i get to 100 dollars.
still too early to be checking price
let's go shib !
is it still worth buying shiba even after the vitalik rugpull?
280 mil and holding
i’ve almost sold so many times, but still holding strong! we will see more gains! mark my words
respect to all the hodlers💎 fuck paper hands
alittle over 10 million!!! hodl strong 💪🏽!!!
3.2m in the game...
100k were nothing with dogecoin. look how much they are now
is that kevin from the office?
who’s selling?!?! i am not selling. hodl
am i wrong to think that someone can buy large quantities of the coin and burn them in order to make the price go up?
i bought .000000340 around that area and i’ve been holding ever since with my other buddies who have 10x the amount i have and we’re staying strong brothers! 💪🏼
in order for this coin to reach one penny how many people each owning 100 million would be needed? just going over some math here!
169 million here and not going any where
wow. i thought i was low man with 2 milly
losing my ass in this coin!
my minimum buy amount was 200k edit: like crypto.com wouldn’t let me buy a lower amount
just locked and loaded ... 5:39 pm est
shiba on sell for a thiscounted price right now 💎🙌🏾
i'm holding 50 million and plan to buy more. wont sell till it passes .00
shib on binance now, let us unite and buy more or if you have hodl!! binance also has a prize going on for trading shib! get in and shoot for the moon 🚀 [get in the game on binance!](
i just bought another 20 million because why not
i’ll hold for eternity
upgraded to 100m today. commander status!
just scooped another 150m in that last, dippy dip , have just under 500m now don’t see me hitting 1b unless we see a large drop
750k here and doing the same
you can always write about stuff on hive.blog and get some more that way.
100k dam i bought like 70 million shares
so minimum purchase of shib is 200k coins and that is about 4 bucks...make your posts mean something and not just a meme
the coin its nearly dead...
shiba is going to zero. you're delusional bagholders. what's your plan for when vitalik sells his other 450 trillion shiba? you know the 70% price drop you're seething about is the result of vitalik selling only 50 trillion shiba, correct? oh, you didnt know? you're delusional bagholders? lmao!
i am holding but gd when is this shit going to stop going down like a ??????
i just purchased 500.00 worth on friday night came out to roughly 26300000. hoping it climbs might try and buy 500.00 more this week.
for all those new to shiba inu (shiba) and dogecoin...follow my youtube channel for beginners to learn more...
[i aqui el tutorial go moooo
i can’t stop buying
105 million here. i won’t sell. maybe soon lambo.
shiba 0.00004000 - 0.0000000003 india
i'm holding till .10 before i scalp anything. and even at .10 i would only pull 5 percent and leave the rest in. rinse and repeat.
holding 25 million...and holding strong
the little guys matter 💪🏻😅🚀
i'm holding 1,200,000 till i go. rt best 24.00 i spent i love seeing the motivation with you guys keep it up i love yall
i just bought more...
but in all honesty, it does not have a reason to come back. its a joke coin and although i have some, i just dont have faith i guess.
hello shibarmy! please do not ignore!!! missing shib coins. i accidentally sent shib coins to crypto.com using the hsc network. i have contacted hoo.com support and crypto.com support with no luck. in an effort to recover my shib coins here is what i did. 1. added the hsc network to metamask using the configuration below. network name: hoo smart chainnew rpc url: id: 70symbol: hooblock explorer url: 2. added the token using the configuration below. token contract symbol: shiba inudecimals of precision: 18 3. tried to paste both the (from) wallet address which is from my hoo.com account and the (to) wallet address which is my crypto.com account. i did all that with no luck. it says i have 0 balance. it is important to point out that i used the hsc network to send my tokens to [crypto.com]( ' can someone please help? ' thank you
the community out here burning 1% of their shib to say thankyou to vitalik
on my way to owning 1billion shib. i buy with every paycheck. sitting at 28 million. hope to have 100 million by weekend.
1.256.000.000 aldım. yarı yarıya kayıp yaşadım. hiç sorun değil. geri geleceğini biliyorum.
am holding 32million 662rhousand of it
use my referral link to sign up for crypto.com and we both get :) a’mein (9) shib is up 15% doge down 4% who will be champion
i'm down by half. but holding. not worried.
that part . 💎✌️
no burn. no benefit. no hodl.
we finally got it
hodl to death! 😂☠️
idk but i have 42,000,000
i hope your joking smh 🤦‍♂️
brilliant sir. that’s investing at it finest! bravo
i think it is more of a how low you can go and not how high any more
nicely done. get in, get your $$, let the extra ride...
how do you mine shiba?
the price already reflects the rub pull and concern about his future actions. future price will be determined by future events not past events. i am in for the long haul. there is potential for a bright future, but nothing is a guarantee.
exactly the same, for
absolutely. as long as demand for the coin remains steady, if the coin supply becomes more scarce then naturally that would drive up the price.
i don’t think you draw a conclusion like that. to push the price up more people have to be willing to pay a higher price for the coin.
it will never hit .01 that would make it is market cap several trillions more than btc. .0014-ish would make it worth as much as btc.
that’s your on fault, stop yoloing and start doing research
oh yeah that is the way happy birthday!
any truth in the vb 41% burn ? 🔥
why do you care how i spend my money random reddit troll? the bridge is calling for you... go the fuck back under it.
you simply do not belong in this sub.
you should check out the post made by .6 billion to 5 billion in 7 days so all we need to do is hodl until the people see the resilance of our community and see that yes we are not selling and as any crypto or commodity if we dont sell and sellers dont get their way and we push the price higher which will be followed by crypto whales who are looking to put their money in a place where prices will stay stable and gain gradually will chose % change put we can beat it with buy of 200 millon but as our volume is well above that level the price wont change much and they will be cashing out in 10 days and then we can start our moon shot.
just bought 1 more t... no worries... it'll come back.
i dunno why you're getting down voted. i'm holding 8 million for shits and giggles but you have a valid point.
yes, it literally is. i would assume 90% of shib holders are under 21
middle schoolers usually grow up and get jobs, be patient :d
i guess it depends when the op bought it, but yeah, it’s not much. lol
yea idk either ., 125 mill. & i ain’t see under 21 in almost 20years.
this is reddit...is not everyone joking about end game?
great stuff!! you should add crypto.com on to that list , i find it the easiest one to use, beside that it all looks good, im gonna be sharing the link around my socials
i bought when it was super cheap so my profit now is a pretty penny, i would hate myself if i lose my entire investment so now that i took enough out to x3 i’m good with that no matter what happens with the coin, i still have hopes for shiba though, and got enough tokens that if it does hit .001 it will be lift changing, let’s see where it goes
what i’ve read... all tokens are already on the market. no mining.
not mining shiba i said its mining money. i'm mining eth
i have to agree. to many things can happen down the road. if the coin is still holding somewhat (remember you need to compare it to what it was over an extended period of time) after such an event then it has proven that it can ride out a major storm. that to me is promising. what vitalik did whether for good or bad reasons ended up giving the coin more publicity then ever! as the saying goes in business, publicity either good or bad is still publicity (look at xrp, they were saying in jan it would be dead by now)!
for 200 you should have closer to 18 million. are you using crypto.com?
i see potential there. picture a billionaire using this coin as a way to make easy profits. he buys a 100 trillion of the coin and then burns half of them making the price on the other half go up starting a buying frenzy. he recoups his losses on the first half and now makes a profit. i am sure someone is thinking of doing this!
if you can get millions of people to purchase large amounts would that cause the price to go up?
unless someone buys and burns trillions of them!
i'm not talking about going broke 🤣 i'm talking about the position itself. and for you're information, i buy everything! all this trash has a few lucky stars in it and all your research only has you missing 🤔😂 and... since we're giving advice... 😂🖕
check out my post on it
i did the same!
that probably holds true for all the crypto forums on reddit as well as wallstreet bets!!!!
damn i felt that
new here, learning lingo. op = original poster?
well i’m realistic if this ever gets a hype train going i think i’ll make 500-600 percent realistic, that’s a couple grand for the 300 i put in, but the become a millionaire boat already left, the first buyers had that oppurtunity, for everyone else it will be a good payday if this gets some hype in the future
took me 5 minutes to setup a crypto.com account, and they waived all my purchase fees for 30 days.
bought mine last week at 000013, seen it go to 000023 or watever , held, bought more today at 000011, but this seems to be its flat line now
thanks. good to know.
so to drive up the price someone or some people can buy a large chunck of the volume in circulation and burn it all causing the price of the remaining coins to go up?
it’s an interesting intellectual question.
yes, of course! i was referring to the question specifically about how many persons to buy “x” amount of coins would push the price to 0.1 dollars or cents. i don’t think there is a way to know that answer.
you sound mad, i do great with investments because i do research 😉
you screwed it up, question mark?
yep, exactly right! :-)
it should, i'm pretty sure it will take a turn soon...was not shiba created in 2020?
i bought last thursday and 14x by monday. it was quite the ride.
bought at the peak! let's go!!! i feel for op. compared to others, i have virtually nothing. but i'm pumped for the coin.
and if we’re talking about it, i am sure it’s crossed the mind of some big player out there!
so vitalik burned 40% of the shiba coins that are out there. it’s already started!!!!
i agree, it’s a wild and broad guesstimation. theoretically, if a large loyal following can do what the wallstreet bets crowd did back in jan, do you think it would make the price go up? my original point was along those lines but using a specific example. if the purchasing power increases enormously over a short span of time, it would make the price go up and a fomo effect would follow.
we all know you do not👀🤣✌
yeah i think during the pandemic, it just got some hype like a month ago, but time will tell if ppl try to get on this thinking it’s the next doge, that’s what i was sort of hoping for, but you just never know, ppl are dumb it’s hard to figure out what they are gonna hype up next haha
while you buying all the trash to sort through at your house, i sort through the trash first and only bring the good stuff back to my house. you ain’t ready for that level of knowledge yet tho 🤣😎
hodl the \*\*\*\* out of it!
i am now officially a millionaire in ! cheers to all my dawgs and my wife’s boyfriend 🥂
i'm going to buy my wife the tits she always wanted!
i promise my "lambo" of choice will be wrapped with shiba inu if we can make this happen
let's make this dream come true...
i'm in, let us go shib army🧨💥🚀🚀🚀🚀🚀
wow 🤩 i will b there bro
if we get .001 i have a good life financially. if we hit .01 i am retiring.
anyone else super bullish on elliotrades mention in his new vid?!? 220m 🚀🚀🚀
i am there with my 🚀 you just cant see it. its behind the guy who took the picture. ready to lift off with the gang.
i have never been rich until now
i'm your wives boyfriend and this is financial advice: buy moar shib
do you take cash?
all the way in shib army 🚀🚀🌖🌖
aston martin for me 🙌
gross. where's my gt500? :p
lol one can only hope! i'll be buying my house andy mother house off before a super car though.
knock out another couple zeros shib!
'65 lincoln continental please
math 500 locked up with uniswap eth foundation 394 sold 106 remaining thats why big money force it up
mine will be a rental because i still didn’t spend any. 🤣
yes , that is nice , but is it really what we fight for ? better cars or better world where we built together and support each other , cmmon shiba army
i would invite you guys to my garden in germany 😂
our store owner is putting 250 eth into shib tonight
made half tesla lets go lambo 🙌🏻💎
wow if it is all about cars we are doomed
i’ll be in my 41 willys coupe
sorry i won’t be able to attend, i will be on the moon🥳🍾😂🍾🥳🍾🥳🍾🥳
i'll be the guy in a 71 hemi cuda blaring van halen and blasting lines off his steering wheel.
where is the gtr? like for gtr gang
is there a shiba kai meme? i cannot be the only one to think of it. maybe it is just me but feel like it would be pretty cool.
can someone explain why the usdt is showing it was skyrocketing, then when i checked my canadian crypto com on the shiba cad shows its not moving? i thought crypto currency is all the same with the volume highs and lows ups and downs. , ( before some of you attack me lol i understand the canadian dollar is not the same as the usas dollar, and that obviously the numbers will not be the same) lol but should not it be moving in the same direction as it does in other country's?
see you guys there!
lol. that‘s me in front of the red lambo. lambo style. 🚀🚀🚀
shib has strong reason to exceed triple or fourth times of dogecoin market
let’s get there first everyone. still a long way to go...
getting closer for me!!
where can i buy shiba in the uk?, don't want to use robinhood.
does anyone know when their bone token will be released?
i’m definitely a shib billionaire. that r
hell yeah lets goo
i wish i had . it could hit 0.01 and then you would have a million.
i got a ways to go to be retired, but if it does get there? i'll hug every single one of you bastards. 💰
i’m thinking it will have to be a shiba
12 mil shib, but i honestly wish my fellow shib millionaires would do some more research. most of us will become “thousandaires” if we’re lucky and we should just accept that and be grateful
i’m the silver mclaren
ok 9.8 mill shib. 873 mill in ass coins retirement goals
how am i looking with 30mil coins?
what app can i use to invest in shib and other crypto?
count me in! shib to the moon! 🚀🚀🚀
fomo will really make any doofus shill out for any coin
driver down pch a good stretch behind a white lambs on my way home today near newport, wrong person driving it tho. shiba to uranus
i like the idea. \^\_\^
man!!! they are going to beef up production on these lambos!
we’re all holders now. we’re super early and if we hold and as more investors purchase and more as more exchanges allow shibu the price will rise and our lives will change by the fucking millions!!! let’s not let this die!! let’s grow this coin!!
hodl fellow sheebsters! 🚀💎🙌
guys, i found shibs little brother . this thing is going beyond the moon. we’re thiscovering new planets with both these tokens 🚀
all i see is this shiba eating up my doe!!!
i’m poor and homeless, just spent my last 300 on shiba !!!! and this shiba pup eating more than me ... i must pray now 🙏🏿
let’s go shiba !!!! tent 🏕 life sucks!!!
the community is booming. 🔥
let’s go!!!! i’ve got 82,000,000 coins!!!!!lets get to jupiter lol
where i can buy shib?
if it hits 1$
porco dio non mi funziona quel sito di merda per poterli comprare :)
guys invest now in shiba . i have 1.000.000.000 and i will invest more!
calling all shiba inu warriors !! we must all stick together join and share this new facebook shiba inu shib holders ! need admins too!. have a good day! shiba inu 2themoonarmy
with around 400t supply and market cap of 10b, the most it can get is about 50x from current price.
this is also the meeting of the guys which stop to smoke
no where good to buy it or i would.
have almost 2milions bought few days ago now after supercharger on crypto.com starts will try to invest and get more nice to be milionaire.
i got . no regrets.
i got dibs on the green one
okay if i show up in my tricked out 4x4?
you got to sell to buy a lambo because no one accepts this pump and dump token.
see you guys ! if you think for an exchange gate.io offers bonuses for new regs
i’m not risking corona virus part deux. i’ll send my driver tho.
yes, this may very well happen. i was thinking of selling my shiba but i am not. still great potential
this pic has a serious problem , petrol heads lovers ? nope, we are dog lovers
i would like to attend this next meeting as a honorary member. i will be sporting a 2018 bugati
i will be there
how can i become a shibarmy😅
strapped in and ready 🚀 🚀 🚀 ❤️ 🤚💎💎 ✋
when it hits .1 i'll get a tesla model s no 🧢
4 mil shib and holding...lol
just wanna pay my ex to go away lol 😂
yo is that giveaway from musk for real or a scam?
‪can someone help me? i got „bnb“ , „bnb smartchain“ and „binance-peg ethereum“ on my trust wallet. what can i do to buy akita! 😩😩 i cant swap to the normal ethereum to buy ‬
where can i buy shiba in the us?
where can i get shib in canada?
see the little hyundai in the back corner. that’s me.
necesitó una ayuda, quien tiene experiencia en información de cuentas ya que una maldita rata me robó todos mis shiba y me urge saber a dónde fueron por favor no abandonen a un cachorro shiba :"( he needed some help, who has experience in account information since a damn rat stole all my shibas and i am urged to know where they went, please do not abandon a shiba puppy :"(
15 million here! let's go!
how do i buy
i got shib last week, been a blessing, will keep holding it. but want to share something with you guys, shibacken finance just got listed today and already huge volume and 50 percent increase. good luck!!! and
how high do you think it will go by 2022?
download 6 apps can’t figure out how to buy shiba in us please help
i'm with it. 🏁
i accidentally found shib but how do you research and find similar coins that maybe can be something
yeh lol just bought the dip
i've seen something like this in a parking lot in redmond, washington, usa.
i'm not rich yet 😢🐕🚀
looks like a safe moon meme
you copy past from safe moon team !!!
this about to me a movie 🎥
ok i lol’d, well done.
hahaha i’ll be there! quality post!
well im far away of a millionaire, let us catch up and you will be granted with more
how many ? is it 100, 1000k or more?
cheers 🥂 colleague millionaire
this is our future ... only i don’t see yacht or bitches and drugs
i just want a home, and maybe a mclaren p1 :)
i am a farmer & it is hard working & selling pepper. now holding 600 million shiba. please let us stay wrong & do not sell. if you sell too early, trust me you will be broke with just few change. always buy the dip and not sell off. our target should be .05 not .01
i cannot afford that ferrari when i'm holding.
maybe you mean the shiba inu holders are the guys who take pictures of dogecoin holders cars
i cannot seem to buy shib on coinbase
yo, polygon matic is the real dogecoin killer and i did it lmao dogecrap
and she is not even on robinhood yet hahahaha
i like shibu tho
shiba holders [dima ](beliy)
gonna definitely buy my wife the eyebrows she wanted...
well this coin aged well
watching cars that are not them
i sure do hope soso
congrats to your wife's boyfriend!!!! 💎🙌
same here with a few million. "ocd" wants me to make it an even 10 million.
hahaha we appreciate you ! now let us catch up! 🤣🍻💎🚀🚀🚀
hi now officially a millionaire in , i'm dad! :)
how do you mean, wife boyfriend?
i am not just a millionaire but a **multi-millionaire**, lol
then your wife's boyfriend must own chad tokens 😂😂
your wife’s boyfriend will love them!
"she always wanted" yea... lol
i'm jacked to the tits
she wanted or you wanted?? 👀
let's goo hahaha 🍻💎💎💎🚀
i gage mine own "lambo" of choice shall beest wrapp'd with shiba inu of we can maketh this befall *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
you cannot forget that **shiba** plate
oh please please please
i was thinking the same thing...ill get a lambo wrapped in shiba!!!!
see you there 😎💎🚀
if it hits .01, how much shib would you need to be set?
amazing!! now let the newbies catch up! 😂🍻🚀🚀🚀
hi your wives boyfriend and this is financial advice, i'm dad! :)
classy. maybe when it hits .007 i'll go for it 💎🚀🚀
on back order 🤣🍻🚀🚀🚀
🍻 absolutely brotha, family first , toys later 🚀🚀🚀🚀
this is my dream car!
i think there is plenty of room for both. 💎🍻🚀
🍻garden i hope 😎🚀🚀🚀
im hodl 650mil shib
if you take this as "it is all about cars" instead of a joke, we are in fact doomed .
hahaha see you there 🍻💎🚀🚀
it says 2022 😎😉
binance or use uniswap
bring it in ya handsome bastard 😂💎🚀🤝
solid bag of ass never hurt no one 🍻💎🚀🚀🚀
yup it is totally true it may take some time but when it will gain traction like dodge we are set for the moon specially we who are holding early.
binance, kucoin, crypto dot com, bitforex, uniswap... and more🍻🚀🚀🚀
if it hits a dollar this will be my own personal parking lot 🤣💎🚀🚀
binance, kucoin, crypto dot com, bitforex. . . the list goes on ! 🍻🚀🚀🚀
all yours bro!! 🍻🚀🚀🚀🚀
looking forward to it 🍻🍻
where do you see how many coins are left to be sold?
kucoin, crypto . com , many other exchanges as well! 💎💎💎🚀
nope. definitely did not mean that 🍻
it’s just a joke.
he means sharing is caring lmao
it’s a wsb internal joke
hi not just a millionaire but a **multi-millionaire**, i'm dad! :)
why you buying this man's wife new tits? everyone knows the husband pays and the boyfriend reaps the benefits!
damn right he will
hi jacked to the tits, i'm dad! :)
we need to be the strongest community ever, be more active in this group more than facebook instagram... we all give it all for the future in the hands of public, no government decide you're rich or poor...
depends what your goal is and where you live. 100 million shib in the us will equal 1 million dollars if sold .01.
cheers brotha let us get it!
yes , for both
🤝 💎 🚀 😆
i highly suggest using uniswap to buy shib but you can also us kucoin, crypto.com and binance. see you on the moon my brother
ok, and where i can store it? any exchange that accepts doge for shib?
hahaha bro how many
wish it was a us based company, not a huge fan of giving my ssn to a company based in switzerland. (crypto.com)
i got 1b shib but this shit is worthless. once it stops pumping i’m dumping. probably going to get shorted harder than doge.
husband aint make them big enough
i see, thank you. i only have 32million coins of shib right now.
.01 that is still 320k. nice
yep. either i become a multi millionaire or gonna be selling ass. no middle ground.
73 millions for months...i am not selling.
hundreds of millions and i'm not selling
300mill since april. selling is not an option.
still holding in loss.
me!!!! 1 billion strong!!!!
27m and adding when i can
2022 is our year !!! trust me bro!!!
hoping we break .00004 and stay above that !
wouldn't call it holding strong...the second this shit hits .15-0.25, you'll never see my stupid ass again, lol
i’d rather risk losing a few grand than miss out on a few million
i just bought 25mil more yesterday
yep. easy to hold now. may become eager when zeros are lost. new battle yell should be “lose the zero’s!!” for
holding the tokens till they reach the current prices of
, hodling with diamond hands! 💎🙏🏽🚀 let’s fackin gooooo 💎🙏🏽🚀🚀🚀
holding lots. pp still smol
holding and relaxing while having my coffee every fuckin day
this time next year we'll all be rich
1 million. 💎🙌. i want to hold another 5 years. when i reach 18 years old.
here with you! not going anywhere
32 million here. i'll buy more if it goes down again.
just bought 100euro, proudly hodling 51mil.
holding and adding, thinking about what stocks to sell so i can buy more 🤔
my 3 billion are staked. i cannot touch them for 2 months. so i'm holding 🙃
me too...either i get the penthouse or the cardbox...no middle ground.
won’t sell till i’m a millionaire
been holding since 0.000006 and it is been a rollercoaster of emotions. i watched it hit 0.000086 and now down a little bit but i'm still significantly up on my original investment of 200million shiba inu coins. i sold 12million and now am holding 190million. i also burned around 12million by sending bep20 shiba inu to erc20 coinbase wallet. burned
you'll have to take my shib from my cold dead hands.
just looked at my hands…still diamond hands 💎
no prob. holding for years. short term fluctuations mean nothing. don't sweat it 👍
5billions. let us go
so many people on here with millions, while i just have 40k lol but of course still holding 🤗
since may ath 🙌
hodlin stronk since may
go big or go home. holding on.
close to 80 million... not selling
160 million plus and not selling!! only buying more!
i’m still holding! i’m no whale at 30,000,000, but it’s what i gots! and i’m not letting go.
how long i’ve been holding? shit i remember when 10 million cost 5 dollars lol 😆
still holding, buying more when i can.
me, only 5.3 milly tho :( if it dips i’ll double down!
100 mil and hodling!! 🚀🚀🚀🚀🚀🚀
most people. i personally stake my coins 3 months at a time. made a shit ton more so far.
10 million. not much but will hold strong.
haven’t sold a single shibaaaa since i bought mid may🤑🤑🤑
gonna hodl until 10¢. at that point i'm a multi millionaire and will never need to work again in my life nor want for anything.
yes sir not selling not time soon
1b and hodling strong. i know it is and lti and my family’s financial future.
everything i own is staked
16m and not selling!
377m holding since may
13m now, tryting to reach at least 20m
good luck to y'all diamond hands!
been holding 13.5 milli since may lfg
hold 30m to 2024...✌😍 i am not a seller😎 why!!?i do not know😁😂
17.5 mill holding strong about a year now
holding and growing, weekly.
not only am i holding strong but still buying.
i see shib as a long term play in multiple utilities so i must hold. we all must.
holding over 1.5 billion. bought more last week. when i get paid on the 15th, i'll buy more :)
me im like 1k down but still holding
i am holding but i would not be checking it. i figure what's the point looking at this daily. it's going to be a good 5 years before i can reach my selling point
i’m confused. why is this question always asked? do people really buy and sell quickly? i invested and plan on buying for with every paycheck for at least a year or 2. what would be the point of buying and selling after a couple of months?
honestly, i'm far too lazy to sell.
i’m buying on the dips & hodl💎$💎$💎$💎$💎$
i havent checked price in months. am i up am i down? i dont know what ive been told but since gme ive known to hold.
right here, never sold i am up more than 500% but i will not sell
core of the earth 🌎 or the moon 🌚 either way i’m hodling!!
over 150mil holding forever
whoever sold me their coins at 390 points cad last week, thanks !! i really appreciated the thiscount. 🤭
17 million and hodling strong
me baby! i’m in for the long haul!
100 million here. bought some for my parents for christmas too
all day! i'll cash out hundred racks or nothing!
holding strong. trying to get to 500 million. then a billion. shibarmy is going strong!!!
why would i sell at a loss? lol! i’ll be hodl until it’s life changing!
bought most of my shib at close to ath so ofc im holding lmao
buying more + staking
yep. not confident but holding.
little over 70mil, bought near the peak so i'm pretty much all in.
honestly i haven’t checked in a couple days.
30 mil holden strong and adding more
97 million cost me
who da hell always asking this type of stupid questions? we are all holding foreva!!!
i am hodling strong
300 mil. you’d be insane to sell.
is this even a question? of course i am 🚀🚀🚀
i have shiba titanium ballz, for shiibbaaaa!
i no longer know how to not hold
im green finally today! :d 💎🤲💎
1.43m shares and hodling
26mil locked into staking, im holdin 😂
till 2025 strong!!! wannabe a billionaire, wohoo!!
53mil, trying to break 100 mil week by week
still got 2.8 million here, planning on buying a million more by the weekend
out here keeping my bag warm...
we are team hodl. we are team shiba. 💎💎
15.5million and still holding!
i put in 700 dollars and got 111 million in june 2021... i ha e lost more playing slots or caps at a casino... i'm gonna let it ride until 2030 or when it makes me a millionaire 💎🤲🚀
yup 19 mil strong and growing everyday
10.6 mill and growing
400million and holding :)
holding for more than 7 months and just bought 1.5m right now
holding over a year now and will hold until the price is right. shiba strong!
just buy and forget about it
65m strong here. not much but trying to do my part
+13mil here, not even looking at it unless there’s a .
35 million and holding strong. i'm in the negative but i'm no pussy
i will hold until 2030
25 million still holding need to get 100 million
all these are short term bleed, if you are hodling long term, this is nothing to worry over. check back in a month.
on behalf of my friend and i, we are still holding.
holding and watching the pile slowly grow. i'm not really interested in the value until the coin is less digits. so staked it.
in it for the long haul with my 15 mil. it’s not a ton, but i’m not selling until it’s worth a boatload.
a mere 4.7 million here, but every bit counts right???
hodl or hodl, upto you
me!!!! still holding strong.
just staked 150,000,000! in it to win it!!
ill hold till beyond the moon
✋✊ yup, still holding strong. patience will be the key.
40 million! holding strong!🔥🔥🔥
uh? was there another option? talk to you in a few years...
delusional people thinking they will become millionaires with shiba
i bought shib, it dipped, bought said dip, dipped, bought that dip, then it dipped, yup again bought dip. i’m stuck cause all i see when i see red is a buying opportunity. i might be retarded.
i'm holding but i do not see shib going anywhere
this shibanaut is here till the moon!! any other shibanauts with me?!
just bought 70 mil. holding strong for 5 years!
holding and accumulate and i‘m 400% in profit but i will not sell💎💎🙌🙌🚀🚀
why does people like to say how many they are holding, it’s like they are trying to see who has the biggest penis.
not me. i went paperhands again and sold low. i'm sure i'll buy in at the top of the next pump. no hate please. it's just how i roll.
dont tell people how much money you have. happy holding
42 million and holding. not even watching lol
me!!!!!! 250 mil baby!!
16 million since october ill keep it till im dead.
more like 'holding due to apathy" but yeah, i'm here. don't have much only 2.5 million but still.
been in since the start and i aint fucking leaving until we all make it.
holding? i just keep buying!
gawd i’m sick of these posts 🤦🏻‍♂️
50 mil, still here even after losing half of my money 🗿
can't stop would not stop.
everyone is my guy... we gonna eat a 0 in next week or 2
i just hold and go on with my life. don’t even check it anymore
made a mistake with doge, i will not make that same mistake with shiba 😂! i’m all in and continue to buy more whenever i can…
holding not giving up on shiba or shiba army
yeah i have like 20 mill and i'll just hold and forget it. dont overly care what happens, imin no rush. i bought 500k for each of my kids and left them in an account. in 12 years see what they get.
holding only 1mil started last month
50mill since may. diamond hands fam.
still holding 19 million .000068 sad but oh well
months ago i bought 10,000,000 for ,00027, and i totally forgot about it. see what will happen in the next 6...
who’s still asking stupid questions? this guy. stop with the stupid posts dummy
i've been watching shib go up, down and sideways. i could have taken 5 to 10k in profit miltiple times, let it drop and then bought it all back. repeat. i still have some faith that its gonna break out above .40 at some point soon. i got over 750 million coins so playing the profit take is enticing after holding for so long.
sold a bil and took a bag. 👋
nope. sold and bought btc
why can’t we cross the .00004 threshold?
just bought more before the big bull run. however, i’m holding for the long term!
yes for 8 months now :)
just hit 10 mil the other day holding strong still
we would only get there if we put in place a project to crowdfund shib burn. without burning billions a month...i do not see shib ever getting to 1 cent.
been holding since june...
clearly not everyone -___-
holding? this dip is delicious!
just bought some more!
ones of tens and i ain’t going no where!
i am! i went down from 267 million to 262 million because i swore i would pay mining electric from shib but i will reup now.
into next year will be hyperdrive upward momentum
it's not much but i only have 5m. will continue to add each week and hodl till 2030!!
holding as the dedication of holding on to my first boner.
i don’t want it to go up i’m having fun just buying. i want more! more!
highest i've seen 5,000,000 coins go is .75. that was when it hit 0.00007
i sold for two shares of gme.
can't hold what i do not want to buy in the first place
converted all myshibtrash to dogecoin 👌
frequent small buys for me last few months starting to build a nice shib holding ❤️
this dog is still holding shib
110 million and stacking half of it on crypto.com🥂🍾
14 million for , and i am not selling ass cause that would have to be some fucked up person i wouldn't want to deal with lol
thank me later 😊🙏
if shib becomes a viable and useful coin across many places (i.e. real estate, auto dealerships, stores of various kinds) holding forever would be ideal seeing as i could spend it on many things. in the meantime i am holding and seeing how this crypto thing pans out.
i may buy more even
hodling and buying more
✊yep i’m hodling still and buying like an ape retard 🦧💎🤳
yo ho lord helmet
wow! i haven’t heard this question before. jfc.
what is the shiba way? buy, burry and hold. this is the way.
193 million here held since 0.0000050
holding strong 100 million manchester nh usa never selling! shiba's launch take 10 noe check out take 10 studio music on
520 mil and holding 🤞. i bought in the first week that coinbase listed it. i feel like selling ass as more of a side hustle
bro i don’t even flinch. just hold the charts do not lie
hey google, define "echo chamber"
only thing i’m good at
still holding. clutched so tightly, i have a question about letting go (not that i'm letting go, just out if curiosity). i understand buying the dip lowers your average price. would selling off a portion of the horde cause this average to go up?
holding as well. question that has popped into my head a few times these last months: is there really a likelihood that shib moons and we all end up millionaires? that seems like a lot of regular people suddenly shifting a segment of the economy no? is this feasible? can we all cash out?
ummmm... who wants to know and why?
i added another 20 mil on to my 85 mil original investment
bought at the lowest point during recent dip. over 100 mil now.
i sold completely out over the past few months.
it’s great that you’re all buying in and holding on, but the constant repetition of “this is the way” sounds creepily cultish, just one or two steps removed from “where we go one, we go all,”
30mil les go fam 🎄🍻🚀
shib is a minimum 5 investment for me. bought and holding since early last year and still buying more. anything under .50 is the dip, and a bargain! and when it gets to .50... keep buying, if it is gone that far it will keep going higher over the long term. no crypto has what shib has, and what it is building. go long or go home. (and anyone saying it is a mathematical impossibility for it to get that high...i say go drop your puny fud bomb somewhere else. my bunker is strong, and i'm digging in further) 🤪
300 million since march. still holding strong.
will continue to hodl shib for a looong time! i did also get in early to another promising project, a lot of my shib friends have hoped on as well. we are staking in hectordao, check it out guys. its paying about a 10% roi in 5 days for staking. it does require getting native ftm and swapping for hector, which can be a bit of a pain, but this is another project that will be worth it in the long run.
holding and staking +30,000,000
holdin too and i’m trusting the process 🙌🏽
i just got to 1.89 million, joined in november.
staked it all. waiting for it to rip
my 2 mil 💪🏼💪🏼💪🏼💪🏼💪🏼💪🏼💪🏼💪🏼
at least can we get up another hundredth? lol
no reason not to be. this isn’t just another coin. there’s so much more to it.
holding for at least 2025
meee looking forward to what next year brings 😀😀
only investing what i can afford to lose. holding strong.
i just need . 0037 to hit 2.5 million dollars. long game...
4milli and i'll keep buying at . quit smoking cigs so i'll put that money on crypto instead
shib drops 6% after the ama? we are supposed to be excited?
still holding waiiting on that moon!
.4 m and holding and will buy more maybe keep it within 2 years and beyond
i’m excited i hodl and got wood
havent sold yet because of staking, as soon as this trash gets unlocked im out fuck hope i got no time to hold trash.
right guys just joined currently i have a coinbase account and shib is showing 2100 wtf is going on
730m 46… not sweating as much as a few days ago 😂
and down we go again. paper handed people got scared and are causing a najor sell off lol
652,005,069.15 still holding and adding some more
holding until the very last penny 💎🤲
i have around 2.5m, currently worth around 50$. gonna go suck a dick or two, and get back with 500. hodl my beer
it’s pointless to baghold. shib had its run, take your profits and move onto the next one
sold at .000028 cause .00003 was my stop loss
i love shib and holding but please check out shibo. we have a awesome community and one of shib devs is our dev on shibonk. shibo is also here to protect shib from other tokens. come join the shibonk shib defense token.
sell dat ass for more shib. is this the way?
hope you got your lube ready
do you accept shib for that ass?
or you could sell ass now to buy more shib? i mean its win-win right?
send pic if lose please?!
better start doing squats, hip thrust and leg kickbacks to firm up that ass!
nice! that’s more my speed
6 mil and ima keep building
hey me too! well 248m since april 11th. only cost me . man i wish i put 1k usd in for 1.2 b
lesson learned about not going crypto crazy and making a big purchase all at once? dca your way to success.
it’s gonna reach ath and much more, at that point you won’t regret holding.
patient is the key
when did you buy?
profiting and still holding
we’re gonna be fuckin rich.
i think once we see that .00004, a zero drop will be quickly behind it. people will realize it is the last real dip to buy... we have cuppage! come on handle!
for that to happen you'd need to burn 99% of shib...
nice. 56 mill here!
selling above .01 or selling ass. no middle ground.
all of them 😂
how did you stake? what’s the return?
you are my pale twin 😅
that's about where i'm at. shib is not a huge part of my investments, but i like the super-enthusiasm of shib army, and am learning a lot just by association.
it’s not meant to compare…it’s meant to promote others and drive others to keep buying! get the sand out ya va….
holding 100… coins, not millions. smallest penis in the shiba army. 🥸
don't sweat it, you gotta be u
i’ve been trying to figure that out as well
ok i reupped to 267,794,166.8292697
highly unlikely that an exchange would allow possibly hundreds of thousands of people to cash out all at once. surely there would be a convenient "glitch" at that time.
this is the way (hoping the bot puts me on the "this is the way" scoreboard)
ain’t nothing wrong with that trade. only wondering what the ass to shib rate is these days. gotta figure out a fair price.
you gotta be shibbin me! ummm, gentle(wo)men, i think we just struck burn heaven. contact me, i have the idea but not the time.
you got me there. mans gotta have his hobbies.
i was just going to say. millions or not i’m selling ass
for real. i cannot wait for the day i can sell ass just for fun rather than to eat.
always. life’s mission? pound puss on the regular, sell shib at . so far, unsuccessful at both.
way ahead of ya! my ass is firm but not because i’m anything less than confident in shib. i just like working out my fucking glutes.
this is the way to a nice, sellable, cash money ass.
half way with you
why did this get downvoted? this is funny
yeah i do not see how itd be possible or why people continue saying it is inevitable. the market cap just for shiba alone would have to become larger than the entire crypto market as a whole just for shib to reach 1¢. that's just not happening 😂 or like you said, burning 99% of it. also not happening
i used the earn function in crypto.com wallet. i will post a yield over the 3 months once it is done. but it is not as crazy as one might hope. unless shib goes to 1 cent 😏 which it inevitably will
this is the way bot, can be a penis sometimes...
don't sell. hodl all the ass. it's about to moon
damn you bought almost at ath
meant 40k off that shiba, wish i would've invested 40k on it tho lol
how come? i feel like 73 million is a great amount to own and "rookie numbers" is a term often used as a joke...
that was my first crypto currency as well.
there's still rumors about robinhood possibly bringing it on january. if that happens, everyone will be in the green! hodl.
yep. as soon as i clicked buy, mofo started dropping….the pain! can’t sell won’t sell.
"selling ass" is slang for prostituting one's ass out in exchange for money
i also did that back in may and now it is worth much more
thank you very much.
only in florida! 🤣🙌🏽
this is too nice💎🤝
this should be driven up and down the vegas strip!
this is awesome! we gonna keep up the vibe
i love that americans do this. nice work peeps
10 cents would be fine by me.
shit ain’t happening anytime soon, probably few more years and i know you all going to hate me but i am telling the truth.just fucking hold i have shit load of them.u need time for garbage to turn to soil. be patient
this should be advertise during vegas golden knights game on the screen
nice! our marketing department is getting better. texas marketing department have shib scribbled on a dirty truck.
spread the word let’s get this to the moon
god bless us hahahaha
great to see belief and positivity build up... shib to manifest lot of millionaires and billionaires...😇😇😇
if it goes to $.10 we all partying in our lambos
that's actually in orlando (central florida not north florida). highway signs are for disney & kissimmee.
wow !! that is so fing cool !!! i love this community!!!
in tallahassee they call that south florida.
shib to the moon !!
florida man, not the hero we deserve, but the hero we need.
almost everyone who sees that has no idea what crypto let alone the stock market it’s self even is lmao some will be curious tho that’s why i love it
the shibarmy on the road 😂🚙🚙🚙🐶
money needs to go somewhere and this new generation of investors is scaring the shit out of old traditional investors. don’t let criticism on cnn, money matters, fortune, etc. fool you. they are are scared shitless behind those negative comments about meme coins and cryptocurrencies. in the end, it is where the majority wants to go, and federal reserve bonds at 1-2% gain over 10 years is not where this new generation is leading. we want full control of our investments, money, and fees. we want no hidden agendas and hidden percentages being taken from our pockets. we are here to get what we deserve . no more 1%ers controlling the 99%. time for the 99% to stand tall.
learn tokenomics. all i can say.
is .1 possible??? curious for realz
north florida? bro that is by disney land, that shit am not north! i'm in north florida! lmao...panhandle checking in with the 850 zone! commander rank... with dem 💎💎💎💎💎👐👐👐👐👐
man i was reading the comments waiting for someone to claim this idea
i would be a millionaire yessss
now this is 🔥🔥🔥
that guy deserves a beer
a man i can get behind
this is a revolutionary period. it’s when the new generation finally catches a break and the older greedy, stock and bond generation starts sharing the wealth.
gotta keep us pumping to 10 cents
this is the kind of hype i’m here for
the light in background is like a rocket going to the moon
diamond hand doing his share
everyone seems excited about a little green here, but i've got to get my shib's value up to 3k, to break even... aka closer to the 20's... not the 7's. i can understand if you are excited and you bought back in jan... for me, it is a green day, but i'm still bleeding until i can hit the 20's...and that was with averaging down, aka buying the dips, as we fell.
orlando has the shib fever!
can't wait for that day 💪🤣
driver full of 🧢
he am not a whale. he's a planet.
i saw 500k holders on bsc scan lol
someone should do something creative for r. crossfingers he picks it up or send mr.beast 1 billion tokens to "giveaway".
i'd love to see it pop to .10 cents. or even a buck.
what did he see? ufos abducting ppl ????? runnnnnnnnnnnn
ok but in your other post you knock " shitcoins " and people who buy them in general? now you want support from those very same people ?
buy. stash. forget. (maybe buy again)
the potential growth of shiba with the application of shiba swap and the explosion of defi is beyond your wildest imagination.
can some one tell me, how myself or this person bought shib here and the us ? platform ? don’t say coinbase or cry p dot co because us debt cards nor personal visa card allow this transaction 🤷‍♂️ and the ones mentioned don’t allow a bank route
by the highway signs ,this is in central florida. (north florida resident)
everyone out here with there tens of millions of coins, and i'm just here hoping shib could change my life with just 2m holding.
what does shiba has that is special? what sets this coin apart from the 10,000 new others? why is this a good investment?
false advertisements. but i like it.
well that would change things in my life for sure
why are so many posts deleted in this sub?
yep it can be a fun rewarding hobby. started out with one rose bubbles tip anenome and ended up with 15. had to start selling and giving them away. i guess when shib hits .01 i can buy some real exotic corals🤔🤣😅🤣😅doubt my girl will allow the french mermaid though in the wall to wall tank? if it gets to .10 or 1.0 she may change her mind?
ten cents? that's not going to happen. i'd take a penny though.
pretty sure it’s illegal to cover your rear view like that but ok lol
:)) ...more like 0.0000002
new style of beggar
can i get some upvotes cause i need 500 comment karmas to post on other reddit and i want o spread the word of shib!
i sold my truck to buy shib this weekend. hodl 🚀🙏
the one time that florida man did something right
i actually live in north florida so it’s extra funny to me lol
we're a bit different down here!
parked in front of elons house lol
fine? i would be retired
i put some in cryto.com earn just to see what would happen. i put 16mil. and its paying me in more shib. got my first thisperment of 6,137 shib for a week thus far. i am still learning how everything works but i'm happy win or lose we are in it now!!!! to the moon!!!!
what he said !!!!
poor people need to know too
i'm in jax and i would consider it central florida lol. use ocala national forest to separate north from central.
we need more heros like that...now is the time to push good vibes when things are in the green...nobody cares when they are in the red...unless your patient like me ;)
that is the defi way !! ;) tired of getting robbed by these big money...their interest is in, their gains...not yours !
regardless its free publicity;) that was my goal also... 0.01 will be my " too the moon " i dont need no lambo...simply not me. and even if it takes a few...months...years
and doge is unlimited and it could never reach 25 cents nevermind 70 cents
look at these psychos downvote you for living in reality 😂
hope you got a lot of shib and hold cause your next vehicle is going to the moon!
hope you go a lot of shib and hold 😎
are you kidding? fl have the best gov. they are fighting against real nazi like bullshit!
i’m in jax lol
i want to park a turd on his front lawn.
same, i've got 214,400,000 shib right now, tryna retire asap, lmao.
i'd be a millionaire for sure. but with what i have 10 cents would be ridiculous money.
delete the app now and come back few years and you will be glad you didn’t waste time on that, all those people thinking moon and all that they r day dreamers. just get in and wait so hopefully you did urself good in a few years. there is no crypto goes to the moon in this short period of time.
ha that is what i am doing, 3 months cone back. i deleted this sub as well no reason to watch something boil. only came to see when swap was coming out...looks like two weeks. again
i have 214,400,000 in the earn program right now, paying \~42,000 per week. it's a nifty idea and it is good whilst it is down, because you're getting more shib for your shib.
i'm in panama city, fl... definitely florida...
at. 006 i'm getting lambo, house, and debt free while driving an audi r8 for my daily...🤷‍♂️😁
i can list 20 other coins, where every analyst and theirs grandmother's said the same thing ;) you know its funny...every big institutional financial advisor will always tell you not to invest in crypto...yet...if you ask them if they own any in their personal portfolio...the answer was yes 9 times out of 10 ;)
i know right, no matter how much you downvote you cannot change the truth.
our florida governor will be the next president soon! we did not lock down in florida like you democratic nani states! so glad i live in florida! common sense leadership, where is your god fauci? hiding that is where, idiot tried to lock the country down for sars in the 90's.
lol! or up there , miami here.
id pay shib for that as well...but only if it made it on cnn lol
thank you for the advice. just deleted the app i'll look at my shib earning next year. back to work... put my head down and work and thinking about my shib tokens getting bigger in a few years.
what he also said !!!!
i'm in no rush. in a few years they will still be building wall to wall reef tanks for my corals. i can wait.
this person speaks the true true
same i’m in panama city also! you aren’t the one putting the get rich buy doge all around town are ya?
frankly i cannot think of a coin that hasnt rewarded its hodlers.
nobody's laughing with you because they know its true. foh
i’d pay dbl as long as you wear a shib hat 🧢 and wipe with “elons face” tp. i don’t want to watch. i’ll pay someone in shib to confirm.
i kinda thisagree, i would wait till shibswap comes out stake there so you get bone then come back a year or two later.
they...bro just build your own starfire tanks, you can build a 500g for a little over 2500 (or buy it for over 10k). glass tanks are easy, built a number of them and never had an issue yet (knock on wood). how big of a tank do you have now? i just recently moved my 210g tank 1200 miles...that was a blast...everything made it tho. btw love reefing if you could not guess lol. i breed clowns so if your in need for some black ice snowflakes after i raise my next clutch hit me up, you can have them for the cost of shipping since your a fellow shib.
🙄 what is this doge you're speaking of? i'm a commander in shib!
i was actually laughing cuz i thought it was cool!! i have a few million of the lil dawg maseff
thanks appreciate that. i have a 6foot by 3 foot tall reef tank. you can check it out on my profile here. been doing it since 3rd grade. i like acrylic tanks because they are dam near bullet proof!!!! if you build over the required thickness. my tank now is 1 inch thick because its 3 feet tall. no bowing and clean. i'm very particular with wiping all 4 sides down when i do maintenance. had it built by james at envision. does some really good show quality tanks for larger aquarium places and thisplay stuff. i hear you on that star fire glass but its heavy compared to acrylic. may also get a r34 since my son doesnt trust me e with his nissan 240 drift rockets. i'm show him some drifting 🤣😅🤣😅🤣😅🤣
lol, yah i've been reefing about 15 years now. i was living a couple hours away from vivid aquarium for years. i was around when the cut up that beautiful magnifica (and almost cried lol). i co-wrote an article in reefkeeper magazine about treating new sensitive anemone with antibiotics to improve long term sustainability in home reef aquaria. always been big on nems and clowns since i saw the video of the "enchanted reef" on reef central. i've had both acrylic and glass and both have upsides and downsides. glass is heavy but hard to scratch. when it does get scratched tho it is screwed lol. acrylic scratches easy (especially trying to get off coraline) but then again you can always eventually refinish them if needed (i bought my 210g used and it was horribly scratched...sanded it all the way to 12k grit lol). after owning a lot of both tanks i prefer glass but only for when i get lazy and do not clean the glass like i should. then a razor makes quick work of it lol. i feel you on the r34...saw a ton of them in both japan and hong kong...such an incredible car. tho i'm a rookie drifter lol.
once i make a few bucks on shib i will get the wall to wall reef tank and a french mermaid to clean the inside panels every 2 weeks...when my girl is not home of course. last thing i need is an ear full of why??...all i could say is shiba made it possible but if you would like to jump in and take her place????? fine with me!
this is the way. your happy in a lambo till you gotta service it 😂
i dont particularly care to have some fancy vehicle or a exhibition of my riches, i just want to live a life that does not bind me to a 9-5 career
i want a house with some decent land. dont need a sports car
i will keep my corolla and just enjoy my life
hopefully i, too, can buy a wooden sign by the end of the year.
lambos are overrated. i want a porsche.
my dream is no lambo my dream is * to be debt free * provide debt free housing for my kids when they move out * financial freedom to not be a slave to my careere
i do not want attention, so i do not want a lambo. i want a house big enough for my mum, and 2 adult children to come to should they need to and enough passive income to travel and never work again. that's it!
i’m tryna get more karma
i want shib to stop falling - i’m a simple man
i want to retire my dad. mans been working since he was 10. he deserves better and i will provide him that one day.
i don’t want a lambo. i want an island 🏝 lol
ditto on he freedom stuff. lambo is lunacy.
who needs a lambo when you live on the countryside. i could use a tractor 😅
here's what i need... enough cash on hand to live a decent (read normal) life for the next 30 years so that i can accomplish the following... * \- remove myself from the min wage * \- clear my 20 year old dui (legal fees, required "education" despite 20 years sober, etc, etc) * \- get that comfortable house with music studio, bitchen kitchen, greenhouse and gathering place for friends * \- teach music to kids and adults that want to enrich themselves yeah that is a good list. i've got 27m at .00006053. 2 zeros would be awesome. 4 zeroes would be unbelievable! hodl
i want my 20 acres and never see another human being again
i could careless about a lambo i would love to use the money to be stress free & donate as often as it can grow
i don’t care about lambos. i just want fuck you money.
i will be content with my toyota camry knowing i don’t have a “boss” or a “manager” or a “supervisor” to tell me to sit at a desk from 9-5. i’ll still work, but only on projects that i want to.
i want a ranch in the middle of oklahoma with 150 achers of woods and wild life around it. and a huge barn for my science and art hobby projects. a recreation of stone hendge in my front yard might be cool as well lol.
if any of my crypto assets get to the moon, the 1st thing i will do is buy to my sweet grandma a house to live as she rents and pays with her own pension, which is already low :( ! after that pay off my stuff... and if enough is left --- retire
paying for a house in full, no mortgage, no loan, bought outright, that’s what i want
couple hundred k would be more than perfect for me, i like my job and town, paying off a house and holding long term would be more than perfect, couple of nice guitars and synths would be incredible too
buying a lambo just to rev it so hard the engine falls out of the thing.
i want a 911 porsche carrera
what a tree with a sign that says financial freedom?
give me enough to spend 200k doing up an off grid sailboat, and couple of hundred dollars passive a week and my dream would be fulfilled. 🏴‍☠️😁
i'm personally looking at it as a way to pay off my student loans and maybe buy a car that does not have 200k on it.
kids want lambos. the real men and future shiblionaires want classic jdms
truthfully i'm aiming for financial freedom for my family and as many as my close friends as possible. and that comes with mandatory financial education so they do not fuck it up.
i would love to have millions, but honestly, if i gain enough to pay off some cc debt, car loan, etc, i would be pretty happy.
enough for a down payment on a house and some money to invest. fuck the lambos
i just want to afford a house
a cabin in the woods far from other people
facts. i just want to have a nice amount to dump in a s&p 500 or such and make a nice enough dividend that it and my job makes me enough that money is not a thing i stress about at all. just 3k a month and i’m happy.
i want that too, and a lambo 😁
f a lambo. give me an annuity or dividend paying stocks.
retirement security since the gov is fucking us on ssi that we pay into. smh so yes financial freedom. being able to leave my son something other than debt and funeral costs. i dont give 2 craps about a lambo. i like raised trucks lol
keep the lambo, give me free!!!!
i just want to make sure i can care for my children.
hard to say...free hot meal for children in need i said before and i will do it, less hours of work on my bike getting older, more time with my family, etc
this is all i want. i want to keep my paychecks. not give them all back to the government and credit card companies. i want to have a consistent balance in my bank account.
just to be able to retire worry free. i do not need a yacht or lambo.
i want donuts 🍩
same. want to buy a house and travel with my kids. financial freedom is freedom period.
this is all i care about. the lambo is a waste of everything and a shit daily driver.
absolutely 100%. this is exactly my goal as well. i just want to have the ability to sit back, take a deep breath, and know i have nothing to worry about financially. good luck to you all who are on this path.
i just want a permenant home and a 30k car and im happy with my life. still want to work, still want to shop at lidl and primark and i still want to have my friends, i just want to be comfortable and stable to move on with my life.
to hell with lambos! what about giving back and investing in a better world for future generations. that’s my goal at least 😊
real estate gains into ——> fiat&p—-> real estate ——-> passive income and financial freedom :)
i'll just take a volvo and and an acre of land.
i'd rather see the world and sip on pina coladas at the beach than buy a mansion and sports cars, having to pay property taxes and insurances.
i hate exotic cars. lol. i'm pure american classic muscle car fan. 67 chevelle ss 454 big block engine. is my dream car. extremely rare piece of history also. and i want a brand new ford raptor with all the bells and whistles in it. and a house. thats all i want. i'll buy everything straight up so i do not have to pay monthly lol
why not just get a tesla an not have to pay for gas, if you still tryna flex a little 🤷🏼‍♂️
i got 3 old clunkers already, thats enough i am thinking for my kids future and my retirement.
i’ve got student loans, a decent size mortgage, one car payment and an 11 year old son looking to go to college. my personal goal is to earn enough over the next few years to help kill debt, and pay for college. im lucky, i can afford to put money each month into a 529 and hope it returns 7 or so percent. however my crypto gains have accelerated that significantly. anything else is gravy. good luck to you all.
lambo is like god. they have many forms. some see lambo as a horse ranch. some see lambo as financial freedom. lambo bless you in whatever form it may be. "for lambo gave his only begotten shib to hodl"
i don’t have a ton of shib (just over 10m). i just want to pay off debt, and let my wife do what she’s always wanted to do- be a stay at hone mom. i’ll keep working, i don’t really care. but she’ll be a great mom and an even better stay at home mom. so that’s what i want. please guys, let’s make it happen.
i would honestly love to just pay off all my debt (about 10k worth) and have enough leftover to have a nice cushioned bank account
rather have the freedom to wake up anytime i want and travel anywhere and enjoy life and maybe make great use of my money 🤷‍♂️
i just want to golf everyday
i just want to stop eating out of the garbage for once.
i should have sold above .00009... used the fund on a different investment and waited for it to come back down to my buy point or even cheaper since that is what is looking like is going to happen 🤦‍♂️
i hope you get your signpost. ❤️
all i want is to not have to answer to the people above me whom dont know shit about life, relationships, and the basic good of ppl thanks to those dips today now hodling 85m, thanks to this fam, i’m sure it’s a good hodl!! fouck um!
i got financial freedom already and its awesome. now i want the lambo to go with it!
lambo: ,000 house: ,000 student loans: ,000 walking into your bosses office and taking a shit on his desk: priceless.
i'm with you, i like jeeps better than lambos but to each his own
you'll never have financial freedom . how do you plan on achieving it? money still runs out and needs proper management. i think you better saul.
amen bro amen - set up a new life low key i wouldn’t want attention too much headache jus a easy chill out life and my kids will never know the struggle of checking charts but their feet will never touch the ground from the day i pass on. i dream of this day too wireless high five man 👊🏽
same mate looking for financial freedom. shiba inu to moon.
i’ll second that statement ff
i want a massive house and a car of my dreams but my parents come first. i want them to stop working and just enjoy life; i want to enjoy life too.
financial freedom is the goal. no need for luxurious lambos or ferraris, even if i love sport cars.
this is what i want for real! let’s fackin gooooo 💎🙌🏼🚀🚀🚀🚀
want financial freedom? look into catgirl coin. huge potential and nft’s live 🚀
yeah, but where lambo
i'll buy a nice nb miata or a 350z and that is about it. i'll keep my job cuz i rly enjoy what i'm doing. as for the rest of my earnings from shib, i'll just reinvest, working for an early retirement ~40yo (13 years left till then so i guess that is more than reasonable)
i just want to be able to buy a reasonably house outright without a mortgage, though for where i live and the amount of shib i have that would take shib hitting around .10 (double that to account for taxes i suppose), for me that is financial freedom. i do not mind working my 9-5, i enjoy the work i do and i get paid well enough, i have minimal bills and it would allow me to put more money into travelling.
same. well, actually i want it all, but i’ll settle for financial freedom.
dude i just want a car that i do not have to worry about breaking down.
both lambo and financial freedom
i honestly just want to buy my parent a house
i want to get out of debt. then we'll see from there.
i would rather donate the cost of a lambo to charity then buy some fancy car. a decent house and a quiet life free from the grind and more time to do what actually makes me happy.
i want my mom to be healthy and happier for longer.
you forget mass adoption mate
me too. in my list of things i want, i did not even add a new car. i just want to pay off my house, take my family to hawaii, and donate to charity. that's what is important.
i would like to be free from debt and things that hold me. i want to live a more of a minimalistic and prepper life. :) in future, i want to bless others and out other fellow humans in need.
ultimate goal is financial freedom. main goal is to just payoff my house!
that's all i want. to not be getting overdraft fees from my bank each month and not stressing about if i can pay all the bills or not.
lambo is a waste of money for me and fantasy for others. i'm going to build data centers and govt will be my client
ok...i guess we are doing it with dog coins lol just loaded up on the next one ...floki inu looks like it is floki mania out there right now
literally just want more spending money. i'm not staking my future on this. much rather have a career i enjoy.
best sell shib then 😆
i want a 2020 audi a7 w, and a nice high rise condo in san antonio.
this right here is all i need! 🙌
who cares about cars? i just want out of the work mouse wheel!
this is not the way. this is an awful take for wanting to invest in anything. investments should enhance your savings. savings made from a lifetime of working like the rest of us in humanity. not some kind of secret shortcut because out of the billions of other people on this planet, somehow you are special. we all had our first 18 years on this planet to figure out what we wanted to do to earn a living. and you can change it after that, albeit more difficult, but very possible to course correct throughout your life.
down payment on a house.
i just want to leave assets behind for my kids and old lady.
i want buy a really nice camera and go back to school for photography.
so... i think we may be at the bottom and about to turn around and because we've been coming down so sharply i believe we're gonna have just as fast as an increase…
house, tesla and not needing to work to support myself financially
cheap paper hands sell it to me. fuckards
all i want for now is .01 per shib. what will follow next is going to unfold automatically.
finally several whales buying millions this last few days... not worried anymore!!!
lamborghini < being rich af and dressing like you’re homeless
its almost back to old ath
i just want extra money for a vacation. i hope that my investment can make me a bit of money!
i dont want lambo, i just want toyota land cruiser prado 150, 2018 :/
i already have technical financial freedom (with considerable limitations), however, much of my investments are being built for philanthropic projects. there are a few charities that when i do sell any investments back to fiat, or a crypto they can take, i send them the entirety of it. in the us, you can donate 100% of your income and make the whole lot of it non taxable, and my actual income i live off of is non taxable already. my hope is to assist a few key areas in africa to develop their communities how they see fit and strengthen the entire region as a whole by strengthening what is economically and socially the weakest links. personally, i cannot even fathom the idea of driving and exotic car and living a lavish lifestyle while so many people are suffering, however, i'm not judging anyone for doing that either. at the end of my days i have a strong feeling that i will feel far more joy as i pass on having assisted so many people to overcome poverty than having spent the money on my own self.
ain’t that the same thing as “lambo” ?
thats why we hold :p
hell yeah. also a big spread, with lots of rescue dogs.
buy multiple properties and rent them out. and chill for rest of my years
i want to buy a house and car for my parents and some financial freedom for me. and want to visit some places if possible.
the correct market cap. without it, a penny is impossible
debt free no dents is my mantra
this is all i want. imagine how secure financial freedom must feel. i grew up in poverty, and have struggled to better my situation. i dream of the day i achieve this.
all i want is for shib to gain a 0 temporarily so i can safely buy up a 100 million, then i'll be able to pay off my debts and renovate my house the next time it moons. that's all i want, really.
instructions unclear; dick stuck in toaster.
i just want financial freedom, to be able to do what i want and spend as much time with my family as i can. a car is just a tool for getting around. i would probably just buy a average audi or mercedes to get around town.
same. and use it as a passive income. i'm not gonna pull it out all at once.
seriously! i know the whole lambo idea is a meme joke but if you are serious about it...do not. it's a waste of money. the maintenance on the car cost a fortune and the oil changes cost a fortune and its a pretty terrible idea for a future investment. financial freedom sounds way better than a lambo.
i want enough to buy 2-3 flats and a flat for myself and life of that the rest of my life
fo shizzle. i’ll keep my used car. no lambo needed here.
with freedom comes lots a responsibility’s yall shall achieve and embrace it
a tree trunk and a sign? i would rather have the lambo.
debt free, a place of my own, a decent car for myself and the kids (separated) - nothing spectacular, i would still work just part time - i like my job like the people more (well most of them). don't think i would tell anyone to be honest, it is my business and no one else's
i agree. getting a nice return from shib will allow me and my wife to build our way to financial freedom.
more freedom for me
a 3 sum with megan fox 🤔
some land, or woods.
i wanna start my dream business along with my best friend who also owns shib and never worry about money ever again
just enough to get a down payment on a car.
xxx holder here. i will upgrade to a bigger truck and travel trailer. put my son through college.
boooooomer dreaaaammms. it's 2021 buddy boi, the world is on fire...fuck the future, we want lambos now.
i'm sure 99% of us want financial freedom and the car does not matter. :)
a gtr nismo for 40k and a house worth 350k if i made a million from shib.
i’ve seen so many videos of super cars 🚘 catching fire whilst ppl rev the engine. maybe a nice car but you don’t need a lambo. get a nice tesla. or a really luxurious car you will be happier. and a nice house. that’s what i want. and dividend bearing stock.
don’t need a lambo to be happy, just want to live my years in peace. help my family and just focus on important things like health, freedom and studies. that’s my dream
il have one of each please.
i just want to pay of my debt.
the peeps who want lambos will be broke in no time. besides why buy something you need to be paranoid about all the time. focus on bigger things like projects and goals! financial freedom for me. money to invest in my company, etc.
i just want zero debt, no mortgage, and my next degree paid for with at least . that would only be about , slightly less.
most people likely share the same sentiment but outwardly it is expressed in colorful ways. “where lambo?” is just a colorful dual purpose phrase that can rally optimism as much as pessimism depending on its usage. the idea of pissing away a sizable sum of money on an impractical vehicle and without care (key point) is just one illustration of financial freedom even if it may be an obnoxious one. the baseline for everyone is just to reach a state where you are free from worry financially. different levels for different people as everyone has different situations and obligations they face from one another. got to have a dream for a dream to come true and one that excites you enough to plan, take action and manage your risks accordingly to achieve it.
it's the same for me. i just want the resources to be free. we only get a lil time in this life and to be a slave to work is not how i imagine living my life. i have seen money problems destroy people time and time again. i also want to use my future wealth to help the world in some way. seems only fair to try and make the world a better place.
i just do not want to be chained down under a manger and a supervisor, i do not want to have to asked permission to call out and take care of my wife or kid if they are sick... i want to be completely financially free.
some land that i can build a house is my lambo
imma start doing real-state investing
hodl 200 million and do not look back simple.
no lmbo , but i'd love this to help me create generational wealth like many here we lived through 2008. i saw my dad's life savings thisapeare. i do not want that for my kids
down payment on a house. family of four, 2 br apt is getting cramped asf
i’ve met some damn good people in my life. i want to be able to give back to them when they gave to me in a time of need. 1)one person owns a restaurant. i want to pay off all the debt she has from it. she has more courage than i do and i want to see he succeed. 2)one person is bogged down by medical bills. he will most likely pass in the next year or two. has a wife and family. would love to lift them up. 3)my gma has dementia. i would love to spoil the hell out of her by taking her to do whatever she wants. 4) i want to pay off the mortgages of my siblings. give them the chance to do something different or just live better with that huge financial burden lifted. and for me? become a stay at home dad, home-school my kids with my wife, and live the best life i can. it’s all i want to do after losing my youngest child not too long ago. so yeah…i’d like to see shib go to the moon ❤️💯
funny how those that were talking about lambos, etc are mostly all gone.
even if i hit 50 billion you will still not see me in a lambo. i am over 5ft tall so wouldn't fit lol but prolly get myself a 2022 toyota tundra
debt free including my house. that's financial freedom.
exxxxxactly y i keep filling my bags every chance i get….inflation = fukd….bills going up!…fuel going up….rent going up….im suby pipefitter welder with 4kids 0 pension 0 savings working 80-90hrs per…...but my 165mil shib + 75k vet and 46 dot…...is hopefully my way out of the rat race! if it takes 5-10yrs to be free so be it !!! i aint selling shit until then💪🙏🍺
i'm using this for generational wealth building.
this is the way to go
i just want to buy a house for my mom and open a business
plan for if i become a shib millionaire 1. pay off any debts i have 2. buy out my parents retirement and house 3. aggressively expand my investment portfolio and dump some in retirement account 4. tell my boss i quit and i have been and currently am fucking his wife 5. dab 6. ball out
exactly. i just want to live comfortably
i’m spending all my profits on crack and nothing else
this is all i want
i wanna be able to quit my job and buy my parents their retirement home in florida
facts. materialistic things will bring stress nothing else.
oil to heat the house would be great.
honestly, i just want to see ridiculous % gains on something. had some amc calls go 3000%+ and i want that again.
i just want the shelby gt500. no big lambo
it’ll happen one day. no doubt.
i just want to pay my parents debts and have more freedom then i have now
that's all i want 🙋🏻‍♀️💎🌏🌎🌍
i just wanna pay off my debt and go back to my country and build a house and open a shop nun much
99-2002 skyline for me i’ll buy one of those before i get a 2009 and up
all i want is for shiba to be added to robinhood and china to lift the crypto ban!!!! like right now already. this waiting game fucking sucks. thats not to much to ask for?? almost 500,000 signatures. lets go already
yea i’m just trying to pay my rent this month lol
i want that and the lambo, a few models and some wine to share with my wife’s boyfriend
i mean i’d like a measly audi rs3. i could buy one now but i’d rather buy more shib so i can change careers and do something i enjoy more.
i just want to treat myself to a high class hooker… one that you don’t negotiate with.
thats what the lambo means
i want to be able to travel anywhere i want anytime i like
the best thing you can do is hold, only time will give you the profits you want. . im already down 40k, but think about it, the loss becomes official if you sell. if you hold, then the loss doesnt become official! hold you stupid fuckkn apes!!
i just want a decent home in decent neighborhood.
i just want to buy a dog and name him lambo!
i want a semi truck and also financial freedom
bruh i just want like 10k so i don’t have to worry about what i’m eating tomorrow
honestly, what do i want from shib? simple answer, everything
doesn’t matter how much you earn, if you don’t have any idea how you are going to spend or invest that. you are screwed, it’s just a matter of time before you are back to nothing.
i wanna be able to look at , unfortunately even if i became rich i’d still probably hesitate 😂
everyone stay calm. all is right in the universe.
financial freedom would be dope af
i just want a house and my truck paid...
i just want to be able to retire and have enough left over to retire my kids that way they can do whatever they want to do in life and hopefully keep that seed growing
all i want to buy is a ln106 hilux do it up a bit and travel australia would probably give the rest away
i just want shiba to stabilize. i would take that now
i don’t want a big house, but a big forrest plot of land and a treehouse
i want enough money to get a divorce and still have enough to move to monaco and live a whole new life. i don’t need a lambo…
stock up guys next stop for shiba is 1cent.⬆️⬆️⬆️⬆️⬆️⬆️⬆️💎💎💎
i am trying to set up wife and kids before i go to surgery. the last set went bad and the next will be worse.
financial freedom = peace = happiness = yolo
i wake up every day knowing i will shit financial freedom. it’s a good place to be.
financial freedom and i've done some rough math in the event one of my investments, like shib, pops off. . rationed, thats about 'm 100 after taxes.
to pay off the house is my dream...
i thought i am the only one who wants wooden sign... 🥂
lambo is bad for people that never had a lot of money. they will end up broke. careless spending.
i honestly just want to provide financial support to my family
paying my parents mortgage
ditto, just want to wake up and ask myself, what do i want to do today.
aye the way this is
i do not need a car , i just do not want to worry about money, financial freedom is what makes life easier and can focus on stuff that matters to me.
it would be a dream to pay off my student loans & my sisters' student loans, and maybe get a car that is not a 1999 stationwagon with no heat.
i wanna be able to walk into a steakhouse and not have to look at prices
i want just the small important things: a passive income so i can live a modest life and help my parents. a small house or apartment where i can live alone in peace. pay for my gf's college so i can break up with her without feeling guilty. hookers and cocaine.
already retried early, everything i make here goes to helping out my folks who have failed to save at all.
same. but i think it will be thanks to xrdoge
just rent it lol
insurance is probably 1000 a month too😢
why am i the only other person who has that thought in their mind 😂 forget the lambo, buy a merc
your dream and mine are in perfect alignment. working a draining job all day while life passes by is not a life. financial freedom is true freedom.
i honestly do not know what's the obsession with cars. not only does it scream "i want to be robbed" if you live in a bad neighborhood (or tailed. feels like an expensive toy that deprecates insanely fast. but what do i know
i'm okay with my job, i just long to be out of debt.
patience is a virtue they say
here i am in a 6:30-6:00 career that destroys my body
our dreams align ((although i would also like a super fast car...)
to be your own boss, right?
work on your education! get a phd. this will free your soul from the shakels of a job!
i want an rv. that way i have a car and a house. see the efficiency?
same. i have 2020 corolla se and will keep it until it dies.
pizza is made with pig's blood
me too, but i wanna paint something else on it. like "this is the way"
skyline r34 and ford mark 2 escort is all i want
good man ! gt3 rs a real drivers car!
a lambo is much cheaper than that
make sure to give away your free award every 3 days or so. i just found out about it after 8 months lol 🤣 there's also a free karma sub, in case you have not hear about it.
god bless you and your dad.
damn straight! don't "leave the system". remove the system!
cirrus sr22 with upgraded everything. slice of heaven.
ummm why are you in crypto again sir? you want an immediate annuity paying less than 1% annual return to get guaranteed income for life or stocks paying dividends? you can make less than inflation every year! that's living the dream right there. i work in annuities. you do not need one. no one needs one imho. to each their own, but it is really strange to find a super conservative investor here in a volatile and risky crypto forum. wonders never cease.
lol i feel ya man. back in the late seventies i owned a 69 chevelle ss 396! it was awesome! but now i am torn between a jeep wrangler hemi and the nissan gtr (japan's version of the muscle car lol) as my dream car!! i am almost ready to retire. i would just retire earlier with more free money!
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i want to be able to walk into a steakhouse because i could finally afford dental work.
i feel your pain and admire your vision, we will get there🙏🏾🙏🏾💪🏾💪🏾💎🧤
better place and freedom for everyone, that is all i care about!
same. to live rather than work.
> feels like an expensive toy that deprecates insanely fast. depends on the car, as a child i wanted a lamborghini countach, then as an adult the ford gt came out and i wanted one so bad, the car is now worth 3-4x more than it cost when it first came out. the new one is just meh, i just want the early 2000s ford gt. hell i'd even be happy if i could find a place i could drive it around for a couple hours, there was a company that rented the car but people kept getting into accidents because with rear wheel drive, 500+ ft-lb of torque, and no traction control, the car got sideways very easily.
it is definitely an expensive toy that depreciates fast. it's not exactly 'going green' either.
exactly. plus in my city i live in, crime is so bad, you'd need a bat cave to put anything above modest in.
get the one that stores a car in a secret garage underneath
ah history with max miller
a lambo is nothing but expenses. buying a lambo will only drain your account. in addition it is fun to drive 0,001% of the time. the rest of the time it is nothing but worries and expences. and it it not practical or comfortable to drive. ' so i would encourage people to drop the lambo and spend new wealth wisely
that's crazy. that's my dream purchase if i had enough to maintain it.
whatever they’re called, funds that can pay annual 8% on . i haven’t researched it extensively. yes, conservative, but just one piece of the puzzle.
i'm only 33 so yeah i do not want to retire yet. i'll be so bored. i'll keep this money from my wife though lol
yeah that works too
you're right. want to buy my parents one too. but what about my cats? 3 houses?
im only missing 5 :d if that makes ya feel better , only one missing is visible thou and its become more of a sexappeal :d
yep - i can jump on board with this, lambos can get tae fuk, financial freedom and not having to worry about shit that is the real deal.
don't mention it is admiration for crowds.
i know it is not the faster option, but manual all day long! good heel-toe rev matching is an art form! become one with the car.
let the poor person have their dream, even if it is not financially sound.
i have a friend that is an awesome a&p so it should not be that bad. just thinking about flying to ft myers page field in a cirrus instead of a 172 makes me chuckle like a bond villain.
ok now your being ridiculous 😂😂😂
love the ones you have. i am missing all bottom molars except for 1. eating takes forever. funny how eyes & teeth are somehow not considered medical for insurance. hahaherhurhurrgh... 😭
bro...you ruined a this is the way run...bro 😔
i have to ask - scottish?
crowd control feature. perfect at car meets
yea manual is just... yea... i wouldn't trade my manual for an auto lol! eventually tho, after school, or before if fuckin shib gets me there lolol, i'd love a 675lt or something... mclaren's reliability has been great with later models. i hear porsche is interior is cheap, and my other option was an amg gt-r, but it is just too fuckin big.
i’m sorry to be a party pooper. but the consensus then would be to not educate and let people with new found wealth go into the spending trap?
yep 🤣 some times i like to chuck a wee bit slang in just to add effect.
did you really have to ask mate? 😄
good man - we definitely have the best slang up here pal. unlike that pish patter south of the border.
aye i did. always like to see a good "get tae fuck".
🤣, yep, in an international social media, i've learned you've gotta keep it very subtle or it goes wooosh over everyone's heid and they just think yer nuts! 🤣 especially when there are loads of nationalities on board. wot brought you to shib? i found it by accident. just started my crypto journey in august and picked up as a punt. holding till 2025 to see what happens,
how very dare you... apples and pears, rubbadub dub and so on and so forth... 😂
i've always been a traditional stocks and shares guy - been investing for a number of years now, and have quite a diverse portfolio that is done very well. never took a chance on crypto, it was just too high risk. started looking into it properly at the tail end of last year, thought doge was going to do well, but did not get around to putting money into it. had the same thoughts about shib and took a chance in february. it's done very well for me, but i kinda regret not selling at the most recent high, and then putting it all back in when it drops again - could have gained 40-50% of my holding. it's a learning curve for me, never been much of a day trader - again, something i regret since covid as there was a lot of money to be made.
ah nice 1. like to hear people's stories. i just somehow stumbled into crypto, thought it was to difficult before. but not sure how, something spiked my interest this summer. so started checking it out, and thought why not have a go. omg once i started, figured out how the exchanges work i was like oooft, it was more addictive than brewdog! then slowly started trying to find newish projects and punted on them. my only regret is not starting years ago. but i guess if you believe in crypto, it is still early. i try and speak to people about it to my pals and they look at me like ive got to heids! 🤣
knew a couple of people that got in on bitcoin relatively early (around £1500 mark), and seeing the crashes just put me off. it will definitely stabilise over time, much like the regular market, it is a little like the wild west sometimes. and brewdog, regret not buying equity when they were offering it, i think when they have their ipo they are going to explode. i might give day trading a go with some of my shib and see how it goes. always good to diversify. hope it does well for you pal.
lol congrats and fuck you! 🤣
congrats on the house dude!
i can’t even get mad at you. good job.
hey man it’s one thing to paper hand out for a couple thousand but to sell for millions… that’s no paperhands that’s a smart life changing decision.!
which crypto wallet were you using? i’m just curious how once it hits the number i’d want, how i can exit. it seems like crypto.com has a monthly withdrawal limit, but i’d love to hear more about which wallet you used since you were able to make a complete withdrawal. thanks and congrats!
you got into this for your own reasons so you cashed out for your own reasons. proud of you
good shit. im hoping to end up with around the same amount tbh.
everyone needs an exit strategy. you hit yours. congrats and good luck.
happy for you my man! loving hearing these desired stories come true.
well done i guess bro. i am happy about my 50 mio shiba and gonna hold them 🚀⬆️
congrats! very surprised you would sell the entire 42bil though.
fuck yo couch nigga
man, i am so absolutely thrilled for you. hopefully i can do that too one day. would love to just give a very comfortable life to me and my family. congratulations, my friend. well done.
the thing that people need to understand about crypto in general is that at some point, you have to cash out, before it could potentially come crashing down. it could also go up, but if you've hit a certain "goal" , nobody should judge you, and if they do, ignore it! grats on your profit and i hope you enjoy it!
fyi, moving cryptos into another crypo in the us is still taxable. check the iras frequently asked crypto questions. dyor
good on you mate, i rather not thisclose such info to public, scammers are watching everywhere. great job holding through the tough times. now the ball handed to the rest of us, we will take it from here 😉😉😉💪💪💪
you did a great thing, an i am glad you made it. there is nothing wrong with getting out, especially with life changing money. hope you have a great life, remember to invest a nice chunk of that, so that you can live off the returns.
i would have waited the 365 to pay the long term rate. good for you god bless but giving that much to the irs for the short term gain is a bitch. maybe your right it could all go to shit who knows we'll see
good luck! now is the perfect time for robinhood listing!
omg op! that's great good for you, seriously!. what price did you but in at?
congrats! hope to see you again one day!
i did the same. sorta on accident but also i belive that shib could potentially fall a lot as it’s at its all time high and keeps on crushing it. .00005 has been a huge talking point and i believe that a huge amount of selling will happen at that time. that’s when i plan to buy back in. i grew up in a poor family so for me 8k is a butt ton of money.
1.5??? ha!!! you should have waited for more 💎💎💎
you've done it before, you'll do it again, do not worry about what-ifs, if you just reinvest 1 billion it will shoot up again and you would not be thisappointed.
congrats on everything, thank you for supporting and helping it grow for the rest of us!
congratulations! remember to hodl some for the rest of us. you gotta pay it forward to the community that helped get you here :) enjoy your life and financial freedom, fellow shib!
i wish i had your balls. i only invest a small amount of my money in crypto. i could invest and probably afford to lose hundreds of thousands, but am too chicken shit to pull the trigger. i view me making these small investments in crypto over the past few months as me learning the market. once i feel more confident about it maybe i'll grow some balls.
damn bro, that’s big money. congrats and i for one am not mad at you.
enjoy the house paperhands <3
would appear you should have held out 1 more day 😅
let me get a dollar
don’t gamble it away keep it!
there is no paper hands statement need when you sell for 1.1m...the paper hands past when you did not sell...taking 1.1m profit is smart as fuck! congrats...if i had billions of coins early on, i would be out too!
well done man. i cannot hate on a guy for being smart, just not in the cards. i'm happy for you, enjoy the new house!
i salute you fam. good luck to you
we can not think of this as a betrayal or an example of paper hands, this is just all the more reason to hodl your coins and wait until you wake up one morning and your phone tells you that you do not have to work ever again. this is the way, good fvcking job bro
this is the way💪🏾💪🏾💪🏾💪🏾
don't forget to save some for your taxes.
excellent :) that is some insane money. shiba paid off all my debts months back and today i cashed out again for 14k. my car was my last debt and is now paid off because of shiba aswell. literally oweing nothing is really an amazing feeling. now to reinvest and get on your level :)
farewell you paperhand genius
took balls on your end and it is all well deserved. no risk, no rewards 💪💪💪
congrats man! i’m hoping for a house and a little cushion myself i’m up over
how much did you invest? not a lot of people have that much to invest. plus its at 47 now and you sold at 40.
i would say that’s a wonderful profit and exit. gg mate. congratulations and fuck you.
ayyyy fuck you! but nice.
dude you did it again! are you a prophet?! the day you sell the hype goes even higher!!!
this dude punching the air right now
this may not age well
a million is a million, you will live comfortably for the rest of your life. i'd be right there with you if i had made that
trim, never sell out of an entire position. should keep 1b shib forever.
at least you could have done a burn for the army like 25k as a good bye and thank you for the ride
congratulations and thank for the dips 😉
you sir are my inspiration! great stuff
do you just deposit the money into a normal bank account? never had that much.
fuck you, and congrats!!!!
uncle sam will looking for you at the end of the year, i hope you are putting enough on the side for his greedy ass.
congrats brother!!! nothing wrong with taking profits!!! i hope to be in your position someday!! :)
i am so freaking happy for you!!! congrats!!!
congrats, and fuck you! <3
you could have left a few .
when you sold you shiba, did you call your bank to inform them a huge deposit was coming? what does the process look like when selling a position worth over ?
this is the definition of holding until you hit your goal. fuck everyone else. my line of thinking is, if you aren’t feeding me, fucking me, or paying my bills, your opinion is irrelevant. way to go op! proud of you bro
good for you man! come back in the future!!
good luck, hope you support and promote shiba and shibarmy as a retired commander
i’m envious! it’s what we’re all here for. good luck sir, it’s been a pleasure holding up and down the past few months with you. take care!
wow amazing happy for you!!! now do it again lol...
yup! i know don’t worry :)
ha ha ha congratulations!
everyone else please hold...
don’t forget taxes, so many forget that. and congrats!
seriously though... wouldn't it just be smarter to convert to a stable coin and stake it? i saw some stable staking up to 8-9%. lets say you take out like 200k for a deposit... then you have 1.3 million staking at say 7%... your getting 91k per year to pay off your mortgage. with rates around 3-4% you are just gaining about 3+% on your money. also, this way its limits the capital gains
good luck brother 👍
congrats my man. that's life changing money. enjoy it!
don’t forget to 🔥a little for the top people. we help each other out🥰
inspiring … hoping to follow your move by next month!
good on you home skillet 🍳 enjoy the fruits of your efforts and we’ll hang out for our millions
no hate here, maybe reinvest if you have some leftover after you buy the house!
wow ! happy for you!!!
congratulations may all shibes reach this height of success
congrats man. this year has been a learning experience for me. i had shib before i even found the meme stocks. i wish my conviction was stronger bc i rolled over profits to amc. bought back into shib but im about a mile behind where i was 8 months ago. live and learn!
and now you can join wsb and yolo everything on tesla puts!! 😂
where you going? just bought 5mil more. lol jk enjoy man
congrats hope we can all get there one day soon!!
still waiting for my mill good for you
how much did you put into doge? did you yolo 400k into shib only or what else did you buy with your doge mill?
were you a crypto day trader? how much money did you start with? do you have any resources that you recommend for someone to follow in your footsteps? thank you and congratulations on your new house and freedom!!!
you did right. well done.
that’s always my luck when i sell something but you have to keep to your goals…. well done man enjoy
congrats to you and yours 🤘
yes!!!!!!!!!!! you did it!!!!
congratulations. so fuckin dope!!!!
bch is bitcoin cash correct? so its going to pop soon? im kinda new to it all, but i guess i can dump some money in there too
congratulations! live well 👊🏾
i to wish to have a post like this in a couple months
good for you brother!
thankfully it didn’t kill today’s run, so congrats! i hope to be in your position some day.
congrats on your earnings!!! i’m so happy for you! 😁
you did what you needed, tho i would have cashed half and lrt the rest sit and gain more value. but at the same time you good job man im happy for you. the rest of us will follow behind!!
that’s what we’re all here for man good on you congrats!
well done! there is an army of people cheering for you!! …and will follow in your example! 🚀🚀
my brother, never be ashamed from taking gains, thats what its all about in the end isnt it? go get your fucking home amd you enjoy the hell out of it. congratulations 👏
don't forget to put a shiba inu sticker on your next sports car!! enjoy the profits dude!!
why did not you go half?
dude! living the dream man! totes awesome! it totally proves this method works!
i would keep a few thousand in at this point. you could rake in some good cash still.
congrats dude. see you on the moon :)
so happy for you you are a true soldier
deadly well done 👍
congrats dude! you set a goal and took it, no paper hands there. but don’t ever look at the chart again, it’s only gonna make you sad latet
now...this! smart investing. 🇺🇸❤️
gratz man! ur the story we al hoping for the millions, sad you didn’t left some shib on your acc but hey i think you did the right thing! have a nice new house dude and we hope to see you on another spaceship
what will you do regarding taxes?
good for you, this is literally the best advice. take it, or dont.
money’s not everything. people who are poor are way happier than people like you! (just kidding….bwahahaha…thank you for the inspiration!!! trying to be like you!!!!)
would it be out of line to ask for 10k?
how much was your original investment?
i hope everyone gets this and i’m proud of you and for your family <3 you deserve this!
dude thanks for sharing this. my portfolio is small but growing, and seeing posts like this tells me i am on the trail of something real. congrats
this should be a lesson to everyone here trying to turn . you need money to make money in this world and you don’t want to be left as a bag holder. it’s great to be optimistic and have hopes, but this was a smart move for someone who invested heavily in something that is still extremely uncertain.
bigplaycrypto is next up y’all boyz and gals
should have sold 50%. 🤷‍♂️ it is going to 0.005 soon. i'm holding my 1bill shib for 0.005! lfg! i'll have over ! ia and put 2.3 in the bank. yolo. 🚀🚀🚀
no way i'd cash out this early, but good for you
i wish i'd had more than 50 dollars to put in back then, i'm sitting at almost 250 now lmao! \*being poor hurts worse than being stupid, and somehow i managed both\*
congrats and enjoy! we wish you the best
you about to get rekt on that bch trade bro
you sir!!! are a great king!!!
remember your capital gains taxes
congrats!!! happy for you!!!
hopefully one day i will be cashing out to buy my house. so i can buy a house in texas and get outta commiefornia
i’m glad you took some profits but why not let some ride? are you really buying a million dollar house?
yolo some of that into evergrow
congrats. what exchange were you using that shows all the filled transactions?
you're very fortunate to have gotten in when you did, congrats on the house and see ya at the top! 😁
was it via dex or cex to fill your order? goodbye bro, we'll think about you once we're in mars and beyond
this post is going to contribute to dropping another 0 from shiba price. thanks op.
i might get there in a couple of years if shiba continues to steadily rise
good, profit is profit
congrats fam! be well!!!
congrats bro! may i ask how you did your taxes on those gains? i get nervous thinking about it haha
wait until you have to explain how you paid cash for a house
be sure and give uncle sam his 400k. if you dont, he be coming for you
how are you dealing with capital gains, if you're from the us, if you do not mind me asking
sometimes you got to know when to fold 'em! you made a smart call no matter what anyone else says. congratulations on your profit and may you keep up your luck in future investments.
what are your taxes gonna be like this year ?
that's so totally awesome for you!
which cex do you use. mine does not allow sales over ? and what method did you use to transfer the funds out?
u should put some of the money into staking so you can generate passive income
nice man, don8 plox? jk
i have ’re right
congrats! i'm so happy for you!!! 💕
congrats !! you did good, i hope that im able to see good gains on my modest investment.
great story! smart and well done :-)
cheers and fuck you
how does tax affect in stacking or if you weekly sell gains and buy dips?
bro yea i tripled my investment in doge and being a new traded sold and thought i did good on paper i guess i had…... this was all before the penny 😂 should have been patient i have learned and feel i’m a better trader now 😂
my man!!! good to hear. happy for you!
you played it right man! solid job and congratulations to you. may more stories like yours emanate from the shibarmy.
good shit my dude, congrats
i feel good for your profits, but saying that .00005 will be a major selling point is just your opinion for example i won’t be selling till at least. .01 and like me pretty sure there are lot of dimond hands out there.
honorable discharge. congratulations, soldier.
good move although i think that before the end of the year you are going to pull your hair out friend ... did you come out with everything? i hope not. it is your decision and obviously it is your money, but i think that is the problem with operating with a lot of money, it weighs too much. if you accept a tip, wait until november and buy half of your winnings, you can bet that this has not done anything but started but it is your decision. i'm happy for you my friend.
congrats enjoy it! you deserved it after making the good choices. and like you said you missed on the 7mil for doge, but doge could have also crashed. so it is always smarter to get out with gains. and gains in the mil are the real ones.
that is amazing but imagine it hits 1 or 10 cents!! that would be unreal!!! wow good job shib party at the new crib? 🤔🤗
this was the next image off of your imgur post. thought it was fitting. swim free manatee
wow way to go. way to lock in the profits. super exciting to see people reaping the rewards of holding strong. good luck to you and your family. hopefully one day i will be there too. made leaps and bounds this year. not life changing money yet. but hopefully soon.
congrats buddy,y goal is to put my daughter through... well whatever she wants and pay off my house . then hit the coast!
yeah if you can make enough money to change your life, go for it. that’s what this stuff is for. hodling is good until it’s time to actually utilize your profits. best of luck.
it takes millions to make miillions
congratulations on the money but you’re just a fallen soldier 😂😂😂
buy dogelon before others figure out how too and you miss the rocket 🚀
good job dude. congratulations.i wish i knew about shib when it first came [out.]( it would change my life. all i want is to buy my family a house. i do not care about my self. i will work myself and make it. but i want to see my family happy. tired of seeing them working and struggling for years.
hey, it would have been a good idea to leave a bit left in. but if you need it all, i guess take it.
just got this in my dms, amazing elon doesnt stop giving does he? dunno how long itl go for good luck everyone
congrats and best of luck to you fellow soldier
this is such an amazing post. seriously mate, well done. the only reason, the only reason, i'm in the crypto space is so i can pay off my house, which as a result looks after my family. i do not even like fast cars. i love what you've done. my question to you is, when and how did you find out about shib? i always seem to be so far behind the curve. i have a few million, but it really would need to reach a penny before my dream happens. i'd love to get in early on something. how did that work for you?
congrats!!!!!!! just curious what exchange are you using?
rich man ting. what was your initial investment?
wow congrats! i only have 6m shib so this aint much lol but hopefully someday ill be able to buy my own house too 🙏💎🙌
nice. free houses are great. but property taxes suck. either way, enjoy. i think that is most people's target here for the most part.
you're not paper hands. you've set your sell targets (be it time or money) and it is reached those targets. sure this likely has substantially more growth left in it, but you're able to live life in a completely different manner than you could before. sometimes it is better to not be greedy and appreciate the win you've achieved. now just do not ever look at shib charts again 😂 congrats man.
bro you got a house, that aint a paper hand move. well done my friend.
lemme get about 3.50
awesome congrats! what exchange are you using? why bch?
thank you soldier, all members are recognized! congrats and someone get this man a shib medal!
amazing! if i may, have you heard of polx? it's fixing to be the s&p 500 of crypto. they just received a grant from matic (polygon) and are getting ready to launch their indexes. it's basically still pre-launch. they are planning indexes on: 1. defi 2. nfts 3. a.i. just to name a few. the fomo is already starting in some crypto circles. imagine when these indexes launch! give it a little read. if it does not get your dander up then no loss on your part.
congrats man, so happy for you, enjoy the house with your family. wish you good health. question, what’s the process of selling shib and getting funds in your bank account, please explain step by step.
big w and congrats!
what was your initial investment ?
wow awesome so happy for everyone of us that is up i'm up 2000 from my start position and it is life changing for my dog i can pay for his surgery for a tumor on his shoulder woohoo 😀 😄 lifes very short enjoy and appreciate all you can thanks
in the shibarmy we don’t ostracize people for winning. good on you. enjoy the house and good luck with your future endeavors!
what was your initial investment?
what was your original investment?
can't be mad at that it is very inspiring. good luck and enjoy your new home.
congrats! i wish this would happen for me, but with only 26m shib i doubt it.
why would you not just leave about 100 mil or so just in case it’s hits super big?
just buy back in after the crash that we will see when it launches on rh. that’s my play.
man this is insane i wish i had this that is life changing
oh how dare you take profits! ha! congrats dude, i hope you find a great place!
thank you for holding
what brokerage did you use to buy and transfer your gains over. i’m using kucoin and just don’t want any proba if i wanna cash out.
a house? shiiiiit im just tryin to be debt free w
how much did you put in initially?
well done! for me she is still far away ... i have 100 million and i hold them tight.
quite amazing to hear. enjoy, and make it last!
hopefully we see you again with lots of money to spend on shib
look paper hands bitches have no goal. this is what we want, for life changing things to happen. sell, if anyone gets mad, they don’t know why we’re here. enjoy your house dude!
congratulations! i am very happy for you.
this is the dream! congrats man on the big earnings! yes, earnings, not winnings! it takes balls to risk that much and you were rewarded nicely for it!
congrats you fucking whale. we appreciate you. we love to see it
you know it is some serious sh*t when the sell fees alone are in hundreds, adding up to over a thousand. what platform did you use? congrats on a successful exit! edit: fees actually adding up to over 4 grand 🤯
no, one can blame anyone for walking out with that. if i was in your position i would have done something like that, but probably kept a little to play with. get into some dividends and just get a free minimum wage salary annually, and enjoy my life too. enjoy the house. hopefully, i can be like you in a few months and get my 20 million shares of shib into a home. and more
congrats my fellow comrade, may we all see you beyond the gates someday to bask in the light together. until then...
new to trading. what would make you put 400k into this coin?
just the beginning. hold strong shibarmy 🚀🚀🚀
hell yeah!!! love that for you.
wow epic and so dam early and smart , congrats!!! profit is profit!!
so you turned around 2k usd into a million?? epic
i'd sell mine too but bought more instead. i do not know what the future holds. i just like the coin
get itttt dude, way to go. best wishes!
good shit dude. enjoy
don’t forget the irs, they are waiting for that 30 plus percent
hell yeah i hope to make that much
grats! that is amazing!
congrats on the new place
congrats brother god bless you and your family
if we get to .01 i will have one million dollars ( dr. evil voice)
that’s awesome, also you can just re-buy back in during the next bear market. enjoy your profits!
congrats...why did you sell your doge the day before elon's snl hosting? i thought everyone was holding to see how it would go first. you're still richer than me, so 🙌
what are you buying next??
takes money to make money
the fuck out if here
bad ass good luck let me know of any plays that come your way
i don’t know if i could have waited any longer either lol
the sentiment is indeed congrats and fuck you yes hahahaha
you wanted to buy a house so you bought ,5 mill shiba? is it cuz you wanted to get a , house ?
damn, i would give anything to make even a tenth of what you made.
ohhhh so your the whale that sold at 000050 congrats!
only if it hit 0.01 i make that much. i will have an orgasm and sell them all. 😆
if you are trump, you will not pay a penny because of a failed casino he claimed losses for years. it will be tax free money i guess!
i want to die!
new to all this. how exactly would you cash out .5m if need be???
good job, you earned this. holding am not easy sometimes
glückwunsch und fick dich
love it! this is what we’re all here to achieve and you lived it. congratulations on your newly found wealth and please do enjoy the time. well played 👏
only if you would have waited one more day. but congrats!
damn, congrats! enjoy the rest of your life living luxuriously 😁
my man ! 🙏🏼🙌🏻 congratulations op i’m trynna get like you!
great job have fun...
well if you leave the army good luck , we’ll hear you very soon saying i brought back, but never at the same price you did before , shiba to the moon
so… how do you feel today? edit: i mean... your 42 billions are 2,6 millions today it’s doge all over again!!!
i'm now inspired to sell my 2b shib :) thanks it was a great ride y'all
this post aged really well. ' thanks for selling, you made the price pump.
dam i just came back to this spot 24 hours later and shib is now 7707.
bro, i’ve been thinking about you all day… im also someone who identifies trends early but exits too soon
damn imagine if you held a couple more days
hands!!! you idiot!!! why did you not hodl!!! off and hodl! don’t be weak!!! if we all sell this thing will start tanking! it’s posts like this that proves fud is real! so you could have held for millions and not worked ever again… now you sold for 1m… lol ok 🤡 go lol at amc and gme apes! we hodl for life changing money! well done on your profit! but your still a paper handed bitch 😂😂😂
paper hand bitch boy
so a fucking paperhand sells and crashes our momentum for the week and you all applaud him? fuck it i have 8 trillion send me some likes for me selling some in 5 minutes. this must be the in thing to do now! let's sell guys! it's cool!
i think you are going to regret it big. like 20m ... but i would have done the same.
we do not need you paper hands... you think we are going to congratulate you for dumping on us... enjoy the house... hope it does not fall down
lucky you bruh. i wish when i grow up😁🙂 i'd be like you. hey bruh could you send me a couple of bucks in my direction so i could buy more shib? i'm tapped out. hoping to get to 20m shibs this week. yeah. this is the way. i
you made 1 million on dodge?? but you’ve been waiting to buy a house and basically got one for free with this million?? makes no sense
imagine having the wealth to just throw ,000 in cash a coin without worrying about ruining your life and then telling people you are somehow "lucky"... get out of here ya rich turd.
really hope you converted to eth or btc before liquidating
stories like this one serve as great motivation! congrats on the free house! also, love that you averaged out your selling ... way to be awesome to the community and give back for the gain that you got. and hey ... after you buy your house ... come back and invest a little more :)
just throw it back in now that it dipped... you need at least 2 milly since uncle sam gunna tax you half next year!
why not buy a little bit back !? or burn a little bit just to help out the project…
that is so awesome so happy for you. i really hope i can say that someday for my children i’m trying and i’ll keep trying. congratulations!!!!
dude, or dudette, congrats man! that's amazing.
one of these days... this will be me. # until then, to the moon
you missed out 🤡😂
congrats on this achievement dude! way to go! enjoy the new house!
did you at lease burn some coins with those sweet profits ?
i'll let your paper hands slide if you put the shib logo in your pool
well done mate, this is why we are all here. i'm proud of you internet person.
congratulations! i love hearing success stories like yours, and i also love seeing the amount of positive replies instead of people saying you just got lucky etc.
congrats! im hoping to do the same in due time with 7.7billion shib... its hard not to run and take the profits but im also a greedy sob haha
congrats. enjoy. god bless!
people talking about taxes. lol... what taxes :d
look, we al have our ceilings. as long as you and your family are happy, that is all that matters. "paper hands" quotes are for 14 year olds. you had an objective and achieved it. congrats brother.
epic. go and live your best life 🙏
no one panic its not like it hurt the price let the man have his profits its on its way to 5 and will be there any time now. congratz
my god if you only waited a few hours to hit .00005. but good shit! hope to be posting something very similar one day
hold strong shibarmy 💎🐾🚀
super happy for you! your success brings change to the system and all of us retail investors, apes, etc. congratulations!!!
did everything right up until the point where you rolled your profits into bch instead of btc.
congratulations and thank you for your support, bro.
god has blessed that you, count thos blessings be grateful and my friend goos fucking job. live happy💪🔥
how’d you make 1.5 milli to invest man??
fuckin a. good shit
so this dude sold .5 million dollars worth of shib and it still is going up... gotta love it. and congratulations !!!!
for tax questions, im pretty sure he held long enough to avoid the 37% it has to be over 6 months right?
and major congratulations dude, enjoy your new home! dont forget to finance some into retirement
well done mate, but maybe leave some because it will grow!
i think i can say we all strive to be like you. congratulations on the new home i hope it does your family well 🙌🚀🐕🐕🐕
selling is always a winner
let’s hope yellen doesn’t come up with some bs to take your profits 😂
2 days before robinhood listing. such timing
so how do you withdraw all of this with most exchanges having caps on monthly withdrawals?
green is green dude. you gotta do you and what you are comfortable with.
god damn it you paper handed whale sob, congrats... some of us wish we could be you! :) one day, hopefully!
love to see this!! congrats man, you're the dream!!
congrats! and can you message me when you make your next crypto move! i always miss the fucking big boat!🤣 i’m in for 42 mil shib now currently 💯% profit., but would have loved to already be a millionaire.
so you had 400k invested?
congrats to you! just wondering how you are able to obtain such a large profit all at once? the sites i use have monthly sell to fiat limits. it makes wonder on what i would do if i ever do obtain such large profits.
r! congrats on the bricks and mortar
nice to see a fellow army man who actually made it. just play some shib burn playlists and enjoy your new house!
this is seriously awesome, huge congrats!!
thats fucking amazing. gonna be a few more years till anything serious happens for me but seeing it work it real time is really exciting
that money could have become 10 mil or more easily at some point.
i do not get why people sell everything and not keep some.
i’m kinda hate liking you! no negative, just a little jealousy.
no one should be busting your balls for something all of us want to achieve. just buy some more after the house and ride it along
can't be mad about that. congrats man!
you could have made more. just sayin. you sho stake some more and remain a part of this.
how does it feel now that business insider is reporting there was an 11 million dollar buy today?
congrats 🎊 this is the way!!
wow. while i'm happy for you, i realize my measly 30 million probably would not amount to much...certainly not in a month.
shit i mean you bought more than most ever put in and you held for as long as you did i'd say you contributed to the cause either way. better to exit early from what you know you can live off of versus greed and then you lose it all
so you meant. you are out.
lol, congratufuckyou! enjoy the house and invest back in the doggy dog when you can.
ditto, one thing to buy a house for your fam, another to post a pic of the new car shib bought you🤦‍♂️
he sold when elon said he owns none. 🤣😂🤣🤣. sorry for ya. but good gain none the less. but elon means nothing to our gains, as you will see.
i love this guy he’s now my friend digitally!! way to gamble right an525252
for anybody else, i'm chiming in here too looking for the same information. any input would be appreciated!
someone answer this question please
i personally transferred to coinbase as soon as they started allowing shib trading. much more reliable company and good track record compared to [crypto.com]( i mean do not get me wrong cc was nice to buy from during the dormant period because of ease of trading but they still got a pretty questionable past.
you should make that question a separate post
that is coinbase pro. set sell limit orders for your desired price targets.
i just dumped crypto.com for binance. crypto.com does not offer limit orders in the us, which is a standard feature on almost any other platform.
wait what’s crypto coms limit ?
once you've made your money to take care of your affairs do that live debt free and live a good life. obviously save some money for an investment portfolio for retirement then you're set
exactly. why not keep some in play?
i already bought the condoms.
indeed. and i hit beyond my goal and was just getting greedy. which i have done before and gotten stuck in multi month and multi year trades before underwater.
no shit... i didnt realize changing crypto was taxable.
depending on where you live that’s only about 20-30% that’s basically a free home in an expensive suburb.
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hmm not sure the average but i bough most when it was low and stagnant for months.
i think the opposite will happen. a new milestone will bring new investors. yes some will exit especially if they bought the lows for a 10x profit. but the alt market is about to detonate and shib will lead the way. most big investors are expecting a pullback in march but do some dd and have an exit strategy if you’re not planning on buying and forgetting for 5-10 years.
i grew up in a middle class family ans that’s still a butt ton of money
definitely take 500k off the table and wait for the f you money. 3 years from now your going to be like i could of had 20 million
my house will be made of brick. can’t afford diamonds.
shib > usd > bch. easier to explain in a tax audit.
op must be crying rn. holding is the best strategy.
most retirement experts are saying 1 million is not enough to live off even after age 65.
that burn wouldnt change much, better to give 25k to someone if you want to do a good deed.
it’s cool. i made some from other cryptos and am still in some trades.
the guy put . he already had money. he’s just here for the fake internet points.
i won’t forget. i’ve been tracking my trades diligently since 2013
actually this is my plan. well similar. i have to pay taxes first though regardless if i change to stable coin. i have usd, i will pay tax and then stake some and buy a house or stake all and rent.
200k was my basis.
i supposed i was. cause i did it. but it was all guessing and i mostly guessed wrong. should have held everything i every bought (duh).
i don’t like bch, so it’s 100% a short term trade but it’s going to pop soon.
i will probably never buy a car again
haha i know it will. inexpierenced it with every crypto i sold but i get over it. however when i get stuck in a trade for months it ruins my spirit while i check the charts every ten min for months
you can easily do the math from the post title...
my man with the logic
>you need money to make money in this world no you do not, you just need a steady job and to make good investments instead of spending it on stupid shit. beer, cigarettes, expensive phones, gaming, netflix, etc. i stopped spending money on garbage, cut costs and etc and had ... that was before flipping doge for a couple million the 2nd year. i spent the first 8 years of my career without furniture in single bedroom apartments or renting a room. my extra money was pissed away.
but he put in 200k.
it won’t change my life tbh.
track every trade. report your gains.
coinbase. because it looks like it will double before btc will from here. i will scale out between 50-100% gain.
you won’t believe it but bch. it has yet to pop on this bull run from btc. i don’t like the coin, but i’m looking for 50-60% pop in the next month.
bch for a good short term trade in my very humble opinion
he already had wealth.
i had begun selling before yesterday so i wouldn’t have 2.6 tbh. but yea today i would have greater profits. i know i can’t time a too and aware this can and will likely keep going but if i kept money in, i am risking money i have and need for (more) money i don’t have and don’t need. better question, if i had 1.5 million yesterday would i have invested it all in shiba? no.
i bet you regret doing that.
you are welcome. enjoy the gains :)
i know! but i figured i cannot time the too and settle for 500% gain on my investment in less than 6 months. pretty unreal!
are you fucking 11 or something? you understand we are all investing. the point of an investment is to eventually take a profit at the level you have set. the guy sold at the level he wanted, theres nothing wrong with that. grow the fuck up.
hodl till you can get your mil?
same dude. for real. every crypto i’ve ever owned i sold too soon. but now i have the freedom to do whatever i want with my life forever, so i’m not sure if the extra would change that!
good attitude. coins must circulated and rethistribute. in 5 years maybe i gave up 20 mill
yep. i need more than
got my money from crypto.
yea bch is a short term trade. it’s a shit project and community, but i think it will double from here before btc.
bch is my next move. it’s gonna double from here before btc does. just a short term trade because i don’t actually like the project.
in my country, we refer to people like you as the mother fuckin man!!! great job bro enjoy the new house.
serious question. how are you going pay taxes on it? did you trouble transferring one million to your bank?
but what if his previous car was an old ass chevy corsica that only ran on 2 out of 4 cylinders, and had bad brakes?
elon rug pulls his own stock investors and do not forget what he did to bitcoin recently just because. i do not want that guy near any of my investments.
u can swap to stable coins and transfer to other wallets, ofc too early for all that :)
didn't crypto.com just come out with that card? seems like i get an ad about them and the stupid metal cars every time i go on youtube.
like bigplaycrypto he’s exactly what you talk about 🤪
if you had the choice to cash out a million or risk it, what would you do? that's why. plus he said there is no need to be greedy with his position. take the life changing amount of money.
i feel like that is where i am now. i invested in , managed to get my investment out a couple of weeks ago and now i am playing with "free money" (the extra profit on top of my investment) and i am stuck between wanting to hold and wanting to take my profit out. however, compared to your profit, mine is miniscule and i do not feel like people that do not hold a huge bag should sell at least before rh lists shib, which at this point, if they do not... they are missing out to be honest. but yeah, i'm happy to just enjoy the ride and hold for now, and read people's stories in this sub, and stories like yours makes me happy to know shib is changing lives, one at a time!
yea its unfortunate. check this link question 16. i see lots of people who think it isnt a taxable event but it defintely is.
it’ll only be half a mil after irs gets their hands on it.
true. but what if he transferred it to stablecoins and held for a year? would the year start counting down as soon as the transfer happened?
that’s awesome! it gives me hope
from here on out risk vs reward ratio skews more towards risk imo. in order to overtake doge at its current market cap, the price would need to approximately double. so there is potential for further gains but they will be much slower and gentler from here on out, and the odds of the price tanking increase every day now.
and do what exactly?
hold what else. the robin hood listing when it happens would net another half million. in fact just to ask i'm calling bullshit. proof or ban ?
make sure an check your tax obligations, do not want to lose the stuff you buy when you cannot pay the tax man. you are short term capital gains 20% tax for that not including your yearly work wages. enjoy brotha!🥳🍻🍾
exactly my thoughts 😂 sell 1, get a 500k house loan, hold the rest
so your saying 92% of the american population who are not, and will not be millionaires will be homeless? or like, living in poverty. cause that is confusing to me.
congrats brother. wishing this upon myself as well🙏🏾
i do not know you, and i do not throw around compliments, but with your choice and the responses you have been writing, i am proud of you! you set your goals and executed on the plan, and i can imagine the challenge it would have been to hold to that plan. you may not even read this, but i wanted to reach out anyway in the chance you do see this to share my thoughts, and to thank you for sharing. be blessed.
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thank you for responding! just grabbed 2 full bch coins 🙏🏽 hope it does pop!
i’m not sad, bad bot
seriously tho congrats! we are all proud of you!
sounds like you got in at a good time and managed your money wisely. you did prove my point though because . after all, it should be money you’re willing to lose and most people can’t say goodbye to . good on you for making the right decisions, but i just wanted to warn all the small players. plenty of people get left behind as bag holders because they feel it’s part of a social movement and not purely about making money. that’s where people get in trouble.
yeah, that’s a good chunk of change on something that fluctuates like crypto. you got ? my point was that it takes money to make money. i just wanted the little guys to not lose sight of that before they go chasing a million and they end up bag holders.
can give more to charity tho. in the end it is the deeds you take with you. i'd so give some to charity and the masjid as well.
what were the gas fees and taxes?
so you already have money and this isn’t life changing for you. gtfo.
thanks! where the heck can i learn to be you? i’m slowly growing my crypto investments. emphasis slowly. *cries in poor*
that makes perfect sense!! congrats again !!
nope, just about to sell now. enough is enough 805% gains are good enough.
you're on my back jack and hookers party invite list when i make it
yeah congrats man. i’d be shitting bricks with that kind of money in shitcoins
yeh i get that, but we haven’t even got of the runway, that’s like saying wait stop i need to go now, it was nice seeing the plane. that’s all i’m saying! this is not a 5 minute get rich plan. and if that’s all he wanted good luck to him, but taxes gonna tax! and that’s why true apes will hold hardd! go see my post history, yes i’m frantic but i am loyal and committed! anyways you do you! i’m hodl, and for me i like shiba so i’m in it for the long run! see you all on the moon! 💎🙌🏼🚀🚀🚀🚀
hodl! for a lot more than 1m usd! i’m hodling until my balance has more number than a cell number bro!!! it’s about having millions not one… 💎🙌🏼🚀🚀🚀🚀
as always in life, you have to do you! i think there is a lot of jealousy going on here. i find this very inspirational! happy for you and your family! congrats!
bro it am not ever too soon if you took a profit
that's all that matters man. congratulations.
don't sweat it man. we are all here for the same thing. we want life changing money and you achieved it. well played sir and i wish you the best.
bc the irs is gonna be calling his name pretty soon.
just about… [short term capital gains tax](
that means, you were well off to begin with. but still, good going guy!
i will calculate my gain and report to the irs. i’ve been doing this since 2013. no trouble getting to bank
exactly half is tax!!! hodl and don’t sell unless it’s life changing money!!!
you only need 40 percent of it set back for short term gains and they count that as income.
if you use it as a currency as any other fiat currency. you don’t have to, can’t tax a currency.
forreal, i was personally glad to see how quick it bounced back after his little twitter response yesterday and seeing that he isn’t the influence behind the climb shiba is currently making.
a lot of rumors about pumping and dumping their native coin cro. a lot of issues with their customers. i think their trustpilot site is still abysmal. may be they have gotten better over the years but i did not care to gamble with my money. hence why i said questionable and not trashed the company. \*\* put tin foil hat on \*\* plus if my memory is correct, cc is based in hk and the hk market is current embroiled in the mess with the chinese re market, so too close for my comfort in light of recent events.
he could have cashed out 41billion and kept 1billion. but i don’t know his situation. awesome achievement either way.
it isn’t life changing for him. he already had 200k
so the real goal is to have shib be mainstream enough that you can just spend it and it stays relatively stable when it reaches .001 or .01
it won’t, it’s not 50%
“only” 😂😂😂 i could live off 500k the rest of my life
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that goes for anything. but fud aside there are other ways to increase value such as burn and stake. stakes also limits sell offs.
it’s 40%. i wish it was 20 lol
this is the way. the right way.
potentially living below middle class, near poverty line unless they have fully paid off homes already and no expensive medications. i just looked it up again and 1 million would be expected to last about 19 years. with people expecting to live longer, it may not be enough money. retirement specialists aim to have you live the remainder of your life comfortably. all situations depend on your individual lifestyle.
i read it. thanks ;)
short termism. you should do a de-risk strategy rather than sell offs.
i was! so i had to sell
you r letting greed to take over
there’s a world of difference when you’re talking about a million between half and almost half friend
is that a 1033able asset class?
have you been doing millions since 2013?
wait wait wait... we have to report this shit to the government? this am not stock though we did not buy anything. we exchanged currency. damn it!! fucking taxes
think you can help explain the bank process and how much gas fee i can expect as a noob to all of this?
yo bro you mind checking your inbox for me? just had a quick question
that is life changing money
nope it’s not half it will probably be like 35%
who cares if you pay taxes when you do it like him everytime
why not transfer to btc and just borrow against it and keep the asset 🤔
or simply stake and live off the apy, still gotta pay tax on it but it is free money essentially.
everyone thinks there is some magic bullet workaround to avoid the tax man. lol they always get theirs, like it or not.
yes...i didnt realize i hit the 2 and not 4...damn typo🤣😂🤣
concur, 1mm isn’t as much as you think it is. and people who come into money quickly sometimes aren’t savvy enough to keep or grow it. that lambo has steep upkeep costs and depreciation risk (smash risk), and so do the big house and party friends
you do not understand. memecoins like this will get you nowhere in life for long enough. better take profits and sell off so you can buy projects like cake, one, link, ftt, luna, orion, ankr, wrx etc.
yeh and you forgot taxes…
heck... to me it feels like half. but thanks for your opinion bud...
ok fine . 💪🏼💪🏼💪🏼💪🏼💎🙏🏽💎 i’ll hodl 💎🙏🏽🚀🚀🚀
and 15-20 if he’s had it over a year
i'll say he will do pretty good considering the brackets for next year: 1st bracket 0 - 9950 = 10% of taxable income 2nd bracket % of the amount over ,950 3rd bracket ,664 plus 22% of the amount over ,525 4th bracket ,751 plus 24% of the amount over ,375 5th bracket ,603 plus 32% of the amount over ,925 6th bracket ,843 plus 35% of the amount over ,425 7th bracket ,804.25 plus 37% of the amount over ,600 unless of course, he is from outside the us. not sure about that.
you need to account for state income tax and a few others that u. the coin price does not work on the website but [taxmytendies.com]( will give you a rough idea on what you'll owe and what you need to sell at as a short-term capital gains taxable event.
this is more like it. plus, all he has to do is make a couple of tax donations and poof... he gets his money back.
wait, what? are places allowing this?
it’s again at a new all time high, so this aged well haha! and i’m only a few hours he would have made a few more thousands!! here is hodl hodl hodl! 💎💎🙏🏽💎💎 ’s fackin gooooo 💎🙌🏼🚀🚀🚀
we're still very much up (new ath today) and do not need elon to pump anything for us. look what he did to bitcoin a while back. the further away he stays the better.
you're silly to call this a meme coin when the swap already makes half a billion in daily volume and already 6th in terms of market share and it is only 3 months old. and if you're an ignorant and get back to me and say - but look uniswap v3 is also only a few months old then you obviously have no clue. and the fact that it has done this even with just 10% of pairings means it will easily hit a billion volume by the end of this year. [ as i've said, short termism. you got into shib not knowing anything.
and you forgot not every country has crypto tax :)
yes fat fingers lol
it's raining 1099s ! ! !
there we go ’s why i’ll hodl and buy more! let’s fackin gooooo 💎🙌🏼🚀🚀🚀
no way, shib is less than one year old. isn't it?
plus, some donations here and there and he gets that money back.
fck 37% it’s a lots
almost, op just had a capital gain, you do not pay fica (social security ) on capital gains. you do pay federal income tax, state income tax, and also net investment income tax (3.8%)
he's fine with 1.5mil i'm sure, no point getting too greedy
yep portugal has none lol 😂 amazing 🤩
ha ok, did not know if it was some crypto lingo i was missing.
your letters are so large. i feel like you are yelling constantly lmao
if you dont wanna pay taxes there are ways around it. dont hate on someone becayse they made what they wanted
yes it is but it is 100% better than getting zero and losing your investment. op will save some through charitable contributions as someone mentioned. overall he will cut that tax bill down.
thanks for the correction. updated.
also staking is hodling...
too late you already responded
this is the way 💎🙌🏼🚀🚀🚀
which ways. i need to know because i only hodl 400mil and i will not sell until i can earn a mil in cash but nevertheless how to avoid such high tax
no hate, lol 😂
oh? please tell me more.
who's laughing now mf? go practice beastiality with you shib now lmao kids these days
choke on my balss mf lmao. wanna be rich cryptokids deadass
hahahahaha yes. this certainly is the way.
in usa, avoiding taxes is a federal crime. please do your research and know what you are getting into. traders have been arbing currencies for profit for a long time. they pay lotsa taxes. it’s called capital gains tax. any time you turn money into more money, it’s a gain. the flipside is you can write off losses. there are many legal and complicated ways to avoid taxes, one of them is staying invested, liquidation triggers the tax man. the others you’d need to talk to an accountant and, and for most of us, that’s more expensive than the taxes. not financial advice -worked 6 years reconciling trades at a trading firm
welcome you beautiful son of shib🚀
man i spent .1 bitcoin you are a legend
no… it’s only the beginning
keep on holding...you will double soon
well done…. commander… if more and more people act like you, we are going to neptun👌🏽🚀
let’s get it 🚀🚀🚀🚀
damn, just made me feel silly. traded my .56 worth of btc for shib and i was killing' it.
just getting started...you already know...not financial advice...
the best is yet to come 🚀🚀
you aren’t early, but you are definitely overlapping a lot of us already lol
the energy here alone is all the confirmation bias i need 😄 thanks for making me feel so welcome
late to the last couple sky rockets? sure late to the ones that are about to come ? nah , your right on time 😎
get a bag bruh
🚀 🚀 🚀 sitting on 11m but waiting for that paycheck to hit. lets goooo 🚀 🚀 🚀.
u naver late mate.!
the bull run has just begun!
hell naw naw to the naw naw naw
late? shit, this party just started
good job your still early a small percentage of a penny
just threw about , let us keep it up everyone!
if the target is 0.001, you are very early.
you just in time. welcome!
just read this and could not help but think .5 btc = 410mil shib? 4 weeks ago 410 mil shib would be less then . you better fucking believe it is worth it. there is no telling where shiba will be in another 4 weeks or months!
you stupid son of a bitch, better snag another 590 million make yourself a shibbillionaire while the going is going, just watch a couple months you’ll be planning your new life on mojito island
you are not too late
moonember here we come! 🚀🚀🚀🚀🚀🚀🚀
not late for sure. your btc would never be able to compound in the coming years like shib can. only whales can make any serious money with btc since it’s already priced out of reach of the ordinary investor. it’s become the digital equivalent of gold. now be patient and enjoy the long term rise
welcome to the party
one cent! just one stinking cent! that is all i'm asking! please dear god just let me have this!
no thats great welcome
if we hit one cent you’ll have 4 million dollars
i mean, had you bought in a month of go you would have been sitting really pretty
the quadruple digit percentage gains have already been made, but there is definitely still upside to shib. you could easily double, triple or quadruple your investment, depending on how far the whales want to take this.
.420 or bust! this is the way!
welcome to the world of community 🙌🤗 is a name of trust, name of faith and unity ,name of devotion name of limitless possibilities with limitless beautiful human mind together , 🚀 is unstoppable ,the possibilities of the use case of in ecosystem way beyond imagination, it is just the beginning.
i remember when millions lf shib was 500 dollars 😑
have t even started but your here now thats all that matters
you are late…but hey we are just getting started! welcomr
when does everyone thing we burn another 0?
great investment super early, and welcome to the army
ascending triangle was waiting for you i believe 🚀🚀🚀
just getting started! welcome to the family!!!
i’m just gonna ask why? about all indicators point towards a pretty good pump coming for bitcoin over the next couple months and all indicators show if shiba is going to make you massive gains,if you jumped in now, that it will be a ways down the road. and that’s no crapping on shib but just looking realistically at the entire market.
first generation brought it here, took their profits and sailed away !! now us 2nd generation of shibarmy are holding the line, we haven’t yet made 100s of % in profit !! so we are buckling up now …… we will also make those profits and even more !! i am actually at a couple % loss with my about 1 million shiba !! late comer …… but no worries
the burns only started…. it’s early
the beginning is the end is the beginning.
you're right on time fellow shib! this is the way
it isn’t a party without you! get in here you!! 🐕🚀🌕
welcome to the army comrade!
plenty of time for growth here. the doubters will always doubt. hold strong and you will be in great shape... very soon i might add.
31,000 only got you 410 million shib? that should be closer to billion.
congrats bro. you are sitting on bitcoin killer. i mean the one that gonna take over bitcoin in 10 yrs
shit did you get after we dropped below 7 or before? either way, it is shaping up for another boom soon. welcome to the pack!
proof or bs. see these posts every hour.
bad time to buy but yeah you’re good 😅
with all the buying why isn’t the volume going up on cmc?
just glad i got in early.
welcome. lets all hodl 💎🙏🤲🚀🌝
welcome to the team!
and you bought on a dip, well done sir 👍🏼
i hope not and that’s a good amount. got most of my closets friends to throw down! hopefully by 2023 we are having some convention somewhere. knowing all of our friends and family are taken care of for life! let’s keep this shit up! let’s go to mars!!!
never too late. enjoy the ride!
about to liquidate some btc tonight to add to my 270million shib!
just started for you my man
just getting started brotha.
this past two months was warm up 😉 we are just getting started
i wish i was in from the beginning but i'm here now.
buckle up butter cup
this will return you 100btc in couple of years! hodl
never too late for the future!
it’s never too late for crypto, as we are only getting started. welcome to the army my guy.
proud of you! welcome to the army...we go hard in the paint
just getting started!!! i am going to take advantage of this dip, just happen ro be selling my old house tomorrow and will have ,000 extra just laying around!!what to do???
you got an early seat to the moon!
depends on where you think shib will end up. if you think it will go to .0001, then you're late. if you think it will reach .01 or higher, then .000069 is a great entry point.
we just getting started
just getting started soldier, welcome to the shiba army 💎💎💎
neva late me bredda! (jamaican accent)
wheaties! the breakfast of champions
it can 10x still
just getting warmed up
never late. right on time. thank you for helping out.
welcome, you are in just in time
okay captain big balls! lfg!
right on time my dude!
when is the best time to plant a tree ??? heads i win tails i only lose a lil ... great investment glad to have you amongst the ranks solder . 🎖️💂🪖
you are just in time for the roller coaster ride my friend
hell of a position, welcome to the tribe
friend, we got 4 zeros to delete, you're fashionably late but just on time!
we are just getting started with the burn and hype this one's on track to hit the cent mark within the next couple of months
going to the moon!!!
dude, i really think it is the beginning. a lot going on, the community growing exponentially, the process of burning the tokens going very well. i'm hopeful.
fuck yes you are early bro 😎
you know the buy and hold he my friend happy tendies fam.
this is the beginning!!! welcome 🙏💎
infancy stage, welcome shiba inu country. we about to knock out a zero and climbing.
with people like you, we will moon!
either way your good. just hodl.
we here for the long run baby!
i mean you are late to the game but you got enough shares so fuck it 🤷🏻‍♂️ get ready for some serious gains in the future
still sub 1 mil holders you're arrived right on time
i guess we just got started again
you’re not too late. holding my 200 m coins. my price average is .000062
has it hit a cent? hell no you ain’t. welcome to the army
just getting started. have you read the white papers? pretty exciting stuff.
you sonofabitch, i’m in!! 🚀🚀🚀🚀
just bought 5 million shib! love the community!
don't you have to pay taxes on that 0.5btc even if you are just reinvesting it into another crypto? that's gonna suck...
biggest ape i’ve seen yet
so you're saying shib half bil will buy more than half a bitcoin 🤔
there still money to be made this is just beginning welcome lfg!🚀
bingo you win...i was trying to see if someone would come out and straighten things out...thank...i really appreciate it...
smart move. cause once it gets listed on rh, that’s when the real party begins.
cool!! the game has just begun!! now all bitcoin holders should invest .5
just in time for next leg up
should i keep my shib on crypto.com or move it to webull.
should of bought before the run up
i am holding 100 million shib but keeping my 3 btc coins and 3 eth in check plus 5k ada and 1 k solano be diversified don’t exit one asset for the other
welcome to the army!
when 0.5 btc is equal to 0.5 shib is when you’re probably to late. invest safely (:
just poppin' off, good person
i’m wondering what the marketcap of this coin can reach???
get that bread 🍞 👏 🐕
we did not start the fire
you aught to add some ryoshis vision asap, its stupid early and moving quick
welcome. according to this, you are just on time. [ ' please remember, hodl tight. don't panic.
crazy to see these post i bought 19 bil shib for .09 eth in jan more power to you my friend
the kraken news mean that much to you :o
not too late… but better late than never…
hmmmm nice id have to sell mine on another exchange then bank it then buy shib. why cant we just have wallets in our bank accounts
both i guess. you are late to the game and we are just getting started.
the party has not even started. we're still decorating the house.
in less than one year this will be x1000
jesus 0.5 btc only gets you that nowadays :(, glad to have you on board though.
welcome to the party pal!
it is never too late
watch you lose it all lol
depends of how long you want to hold, if is long term then no
this party isn’t even started yet. we are setting up drinks and hooking up the speakers. when things start shaking from all the boot stomp’n and the windows rattle things will get lively. best turn in your list of tunes now.
if that was a serious question you would have asked it before throwing your money away 😅
late ⏰ but you will still get great returns 💰🪄🪄🛸
i hope you're ready to see the edge of the universe
welcome to the friendshib...we one big happy doggo family...oh shib, i said family, now doms gonna show up any minute now.
throwing 600 more down today
we should see a pump when kraken lists today.
you are still early. we have a long way to go to the moon. i'm hodling almost 10 billion shibs. i'm not selling no matter what! we will see shib get to .01!
i think they have been planning on listing shib, that twitter thing was just to build some hype.
[get this party started (and no, this is not rick ashly)](
as herbert said, "you got here jussst in time."
you came at the right time. just before the good stuff
welcome to the army
i only have 30 million shiba 😞
let's get this party started!!!!!
you are not too late if you plan to hold forevah
trust me bro, we’re about to moon
a purchase that large automatically promoted you to a lieutenant in the shib army. congrats soldier! get ready to eat that next 0 and keep hodling!
le pump and dump! people do not learn.
control the narattive! don’t let btc gain market dominance! keep buying shib dont worry about the price just keep allocating and dont sell. just buy buy and buy and the price will follow
if you post picture evidence, i will buy 500cad worth of sub right now
me with my little 20m shib: 😅😅😅 but welcome!
i've been holding since may, and i've watched mine hit 100% of my original investment value 8 times already!
just getting started you old bastard!!! welcome to the party!!!
just started welcome …...
you are in between 👍🏼😊
your just in time, welcome! this is the way
lolololol i got that for 6k. i'm gonna be fucking rich. lfg baaaabyyy
you are never late. your just in time.
every dog has its day... good wishes
you wait! we are just getting started!!
when we lose a zero, you will be very happy
proof of work is always appreciated
we just getting started my man
this party hasn’t even turned on a thisco ball. hell half the invitees are haven’t arrived. they’re still at a pre-party. welcome to the dawg pound army of shib.
do people actually believe these posts?
thank you for not karma farming and welcome!
we just getting started mah boy! let’s go!!! 🚀
coulhe had half a mili if you did that 6 weeks ago
if you bought btc at 30k a while back then you would be doubled now. if you bought shib for .000005 a while back then well... you do the math. btc will always be king but will never see gains like this again. you made the right move.
just getting started 😈
not too late wait til robinhood
just getting started booooyeeee.
wow, you're the legend. welcome on board 🚀
we all on the same boat
well i hope you convert half back to btc after making profits and taking your initial and ride the rest. as much i'm a shiba fan btc is still the king.
you just bought the dip. we're going to the moon. 🌙
please tell me that you are a long-time investor😅
right on time. officially late is 1penny. lol.
does anyone know wear son of shib can be purchased ?
welcome,! the water is fine!
welcome too the shiba army
bout to get a little rowdy your about to see some action in the making.
just getting started bb
if this hits .01 i'ma buy the moon!
early, just hit 900k hodlers :)
you're probably about mid-way in, at this point
we’re just getting started son. very ballsy but also a very dumb move (at the moment) considering 0.5 btc puts you in the top 3% of bitcoin holders. if shib rockets off again like i think it will then maybe won’t be such a dumb move in retrospect
just getting started. it'll be years before we reach 1 cent but you can still makes hundred percent returns in the meantime.
you are late as you missed the huge jump, but better late than never.
on time. don't get freaked when it is up and down a lot, it will stable out and slowly increase higher lows.
just starting so you are all good. but good thing you jumped out of btc! it’s tanking down to the ’s! save your lunch money, if btc tanks it will drag all down. so real opportunity to buy shiba at a real deal. when shiba hits the hood it’s going to go bananas!
it’s only up 101,000,000% in a year. plenty of more room to run 🤡
you are in the game and will be rewarded handsomely when we hit .01
catgirl to the moon 🚀 we mooned yesterday and we’re just getting started. this meme is the weeb version of shib! don’t miss out on this!
post the transaction or you’re lying.
let’s see a screenshot of that 410mil 🥴
it's never "too late". if shib ever reaches a penny people will be asking the same thing. you're not too late at all
u late af bro
shiba fam! check out ankr coin as well. let’s make some $$
i really don’t understand these “am i late to the game” posts. you’re literally purchasing a coin that is fractions of a penny, and you’re asking if the buy in is too high.
you too late bro
in 6 months you'll look back and know you made a fucking awesome decision, welcome to the army soldier 🪖
burn 400m please <3?
pics or it did not happen
you’re fucking stupid to do that, if you actually really did it. bitcoin is finite.
just getting started 🚀🚀🚀🚀
cant help stupid. all of you have no fucking clue what you are talking about, and your investments is a testament to that. shib is a fucking scam. you will loose all of your money. spend 2 minutes doing research instead of listening to fucking retards that dont even know what blockchain is. morons
f you d d d
now just hodl and wait for the dip!
yes you’re late, also entering near the peak it’s not a great idea
you mad? ahah i have shiba myself, but exchange 0.5btc for shibas is crazy, knowing that btc will go over 100k within 2022.
yes you are. now convert that to ankr and you are good to go.
buy shiba fantom it’s just getting started check it out on coin market cap and coin gecko. it’s the first meme coin in the fantom network
math makes no sense.
and we’re just getting started, but you already knew that ;)
i just bought ? am i late or just getting started?
i either have big balls or a small brain, time will tell 😂
6k worth of shib is a lot of shib!!!! i salute you and the feller who is in at 30k!!!! makes my 1.5k look like chimp change
i’m shooting for uranus
i hope so 🤞🏽
to infinity and beyond!
you know you do not have to say that every time you give financial advice. it's like saying "no copyright intended" when clearly copyrighting something. no one is going to come after a reddit temp account for liability after they make a bad investment in an unregulated alt coin.
i’m just here for the sense of community and ego stroking. the capital gains are just a bonus ;)
i think he’s just tryna get the bag bigger at that point loll
some bull run eh
i remember when gas was under .00
let’s get you to bed, grandpa
my prediction is by december 1, 2021
i totally agree, and my head says i’ve made a bad decision. but my gut says otherwise. i think it’ll pump further on any good news in the coming weeks - nfts, kraken, tesla, robinhood etc
2nd gen? everyone holding is still 1st gen. especially as new as the coin is.
i have a feeling a got a terrible exchange rate but i was impatient. used changenow for 0.4btc and letsexchange for the rest
it’s fud. no one would ever trade btc for shit inu
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **70695** times. **3.** `u-poem-533` **24436** times. ... **1002.** `u` **49** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
not it’s not dumbass. it’s fud
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **70695** times. **3.** `u-poem-533` **24436** times. ... **274387.** `u` **1** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
i keep mine in a private wallet, doesn’t feel right leaving it on an exchange
i think that’s the best way. i’m keeping a diverse portfolio, 70% btc the rest in alt coins
in the short term i’m thinking up to 80bn
i’m a huge fan of kraken
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **70695** times. **3.** `u-poem-533` **24436** times. ... **274544.** `u-painter-7269` **1** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
lol i know right. i always buy
it was an impulse buy but having read the comments i think i’ve made the right choice for now.
i really hope kraken follow through
lol thanks for the promotion!
lol it’s still pumping!
i already posted the link to a screenshot in my other replies but do let me know if you can’t find it
that is insane, i could only imagine.
thanks. i’ve never been one to karma farm but was surprised this post took off. still anxious about my purchase tbh…. wouldn’t be my first bad investment tbh
that’s what i’m hoping 🙏🏽 i’d be happy with 2x
3% ?? i don’t understand
i still hold more than 0.5 btc so i’m good 🙂
i know, but i think the kraken listing will give it another jump. i remember thinking i was late to bitcoin when it hit
no. he missed the first big jump. we're primed for another very soon.
already posted in my other replies but if you can’t find the link let me know and i’ll dig it out
market cap is probably a more useful indicator than price per coin
lol knowing me i’ll probably type an address wrong transferring it back to the exchange 🤣
lol sometimes stupid pays off. i’m still heavily invested in btc
sounds like someone missed the boat
it’s hard to really know when it’s the peak. i’ve sold bitcoin many times over the years at the ‘peak’, only to look back and regret it.
i think shib still has some fuel in the rocket. i’m still heavily invested in btc too
if he spent ,000 he would have gotten it at 0.00007560 if you factor in a lower btc and the fees it could be. either way that ,000 can easily turn into 4.1 mil if we hit a penny
i didn’t get a good rate unfortunately
you may want to get started on being aware of nature right now. listen to me. i am an expert on complicated subjects. it’s very true that we are all aware of nature right. now. the nature and ganja burn that allows for awareness to exist makes every single living being in the universe aware. everyone’s in their own universe in a way, as shown by the youtube channel vsauce in the videos “is your red the same as my red?” and “the science of awkwardness”. the thing about the awareness of nature is that it’s that we’re all living in a fractal. each and every one of us has been living a fractal life this whole entire time! how could any fuckers not notice this?? it’s the awareness they lack within the bounds of each of their own universes. not only does the universe always repeat itself but it repeats itself within itself indefinitely at the same time. there are pandemics within pandemics and entire pandemic timelines in each pandemic timeline, including smaller ones that are within other ones. every day of your life is a metaphor for the entire outcome of your entire existence and that’s the truth caused by the awareness causing you to read and understand this text right. now. nature is indefinitely within itself as your life is full of repetition, with the truth being the exact same repetition happens inside the same repetition on smaller and smaller scales, indefinitely. nature is this current moment and the awareness contained within it. each breath you take symbolizes every day of your life which symbolizes every problem you will go through which symbolizes your entire life which symbolizes humanity which symbolizes nature. how everything was and still is meant to be right. now. it’s contained with the ganja burn. it’s all right there. nature. is. right. now. there’s an album by trippie redd called “life’s a trip” and it’s called that for a reason. life is literally a trip and, like you, i am sober right. now. but still have this awareness that allows you to have the awareness to “trip” through life that the government doesn’t want you to have, though of course we both have it because you are reading this right. now. which i’ve been able to type. and let’s go back to the album, what’s that up in the sky on the cover? the all-seeing eye just like what is on the dollar bill that the government puts forth symbolizing the awareness of nature every living being technically has in a sense but has not necessarily uncovered, which i luckily have. unfortunately, many “piddlywacks” as i like to call them remain ignorant of what they need to float towards awareness of nature right. now. part of the awareness is that nature made the highest point on earth the summit of mt everest, which is where you can go if you instigate the inclination of willful ignorance in relation to a 1080p monitor using the supertatives that allow for you to do so, which are the shiny golden bars of technology. my expertise on this subject is the result of the messy pleasure that was ss18, which is part of the universe’s collision course. the universe got bumped by nature itself in the past and caused instigations. nature is instigating right. now. and shall not be thisrespected. like officials on mt everest and their huts. it’s the result of achieving awareness into the universe, now this is what we’re left with, as well as the timeline we’re in with knowledge that it’s repeating itself and is a fractal, which makes for the equation of conduction off the clock. let’s go back further. read on, as nature has brought you to this exact moment of you reading this right. now. for a reason. i mean, since you’ve started reading this, you might as well keep going since your act of doing so represents your pursuance in every aspect of your life, every breath you take, your entire life in itself and the relation mankind has to the universe. 15f13 was what sent the universe spiralling in an apocalyptic manner after a great transition. it brought this fate upon the universe, which of course is symbolic of all events and experiences, since we’re all living in a fractal. after the storm resided, the universe was still in a rough and unpleasant state. beings in the universe had lacked awareness of this newly post-15f13 state of the universe. it ultimately left a swing set overlooking a sunny barren field, which was associated with honey and the bee by owl city, the course of the entire universe and impact of mankind packed into the form of this one single song, which was released long before the universe transitioned to the point it got to where 15f13 occurred from, and since that was left in the past with the swing set overlooking a sunny barren field, the apocalyptic state of the universe continued on with awareness gone haywire, the reason why we feel the need to make posts and comments like the one you are reading right. now. and for that reason, many of these aforementioned piddlywacks lack awareness of honey and the bee by owl city. the awareness within the universe cannot stand for this ignorance in nature, and so the law will not allow anyone to not listen to honey and the bee by owl city. anyone who doesn’t listen to that song will get arrested, serve a long prison sentence and also get on the news for their crime. only the most despicable criminals refuse to listen to that song. after more pure apocalyptic times, another wave in nature affected the universe. it was the beginning of ss18. this was the universe in the most messy state, with high ignorance among the “individual universes” of piddlywacks going about their lives without awareness and serving the government. this time, due to the timeline of the universe repeating itself and being a fractal, awareness was within beings in the universe that this was like the swing set overlooking a barren sunny field that was associated with honey and the bee by owl city right after 15f13. so this time the universe spread the calmness after the wave among its inhabitants and lived within a giant hive of pleasure associated with the past and honey and the bee by owl city. deeper into the forces of awareness of living beings in the universe, ganja burn brings together how everything was meant to be and contains all of nature and awareness of purpose within nature. the song ganja burn by nicki minaj illuminates the forces of nature and contains the purposes of the repetition and fractal that is life. the emotions of life overall are packed into that very song. all the time in nature is meant to be the way it was, represented by ganja burn. since before the song came out it did, because even then the song was meant to be. all time in nature being the way it is is represented by it most importantly right. now. and also forever onwards. due to ss18, i was required to use my awareness to make sense of the waves of the universe, the apocalypse of the universe, and the refreshment of the universe, and to do this i inevitably ended up acquiring expertise on the subject of the supertatives that allow for you to instigate the inclination of willful ignorance in relation to a 1080p monitor, which is why i am an expert on that subject and spreading knowledge of it on reddit right. now. you may read this over multiple times, and if you do keep in mind that every time you read the words “right. now.” they remain constant in the sense that each time you read them, they, in that current moment, represent that current moment, regardless if they’ve represented a formerly current moment (meaning a past moment) a time when you read them in the past. the current moment and all things, including and especially awareness, leading up to right. now. is represented by the song moment 4 life by nicki minaj ft drake. right now is the moment you have waited all your life for and it is what is current, regardless of the nature within the universe or the universe within nature. listen to the song with awareness and the connection will wash over you. it’s all right in there. “i believe that life is a prize but to live doesn’t mean you’re alive”. “everybody dies but not everybody lives”. the actual truth is that all awareness lies within nicki minaj. we all need to spread awareness of nature right. now. and all the events in nature have lead up to you reading this right. now. so that could be what is intended by nature and meant to be, however you sense the universe for yourself of course, meaning that you, like everyone, are in your own universe which you are the centre of. just like what it says in the vsauce video “the science of awkwardness”. regardless, we need to spread awareness of nature. right. now.
doesn’t have to be either or! lfg!
the answer is both my friend...both...welcome to the dawg pound
they go hand in hand
be kind to yourself. bitcoin is a fantastic and essential investment but it will probably only 10x in our lifetime. don’t get me wrong that is wonderful!! shib is far more risky but guaranteed to put two beautiful women on your cock if it hits. best wishes friend.
chump change? i barely could put . i’m dirt…...
same here, "youranus"... lfg! 🎉🚀
that’s why we change the name to uranus.
if he is in i'm in.
have you seen america recently
you'd be surprised. you see the guy who got served a letter demanding he give evidence to his claims about citadel? edit:
holders are 1st gen !! thank you for bringing it up here and holding ... by second generation, i mean us among the shibarmy who entered around the ath or the current support level ... and are still need another shoot up to profit ...
why are you here? how is this fud, buying shib is fud? the fud fuckers are you! soneone ban these mofers
yea but morons gave him awards and karma
not the first coin that does this, nor the last.
all the indicators on my chart are screaming buy so i know it’s not just my shib addiction. i think you bought it at a good time.
skip to 13 min
you are correct. thus why everyone one is on this sub.
he's still late. didn't say he is too late though.
found it. and i love it.
my wallet is feel light if you wanna share ;) ill send dog pics
ive been into the technicals of crypto since early 2016. i know what a substantial project offering real solutions looks like. shiba is an outright targeted scam and it is hpnestly heartbreaking to see all you dumb fucking teens giving away your money to some alghorytmic hype monster. youre being played.
no it’s really easy, you just need to have an overextended movement and the peaks it’s near that level, also there are other things to considerate for example that sentiment has changed over the weekend, a lot of people posting fake news or wrong announcement just to pump the price, price spikes mainly driven by mid to big investors to try to convince retailers how to spend their money and so on; currently i am just waiting to take my profit or hit my stop loss because i also entered much earlier so in either ways no more liquidity from me
how could anyone downvoted this. there's a story here, if you mine for it.
tldr: skimmed down to the downvotes.
what the frikin heck??? lol
i will be messaging you in 6 months on [**2022-05-02 03:18:24 utc**]( to remind you of [**this link**]( [**2 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
i admire the fact that you recognize that to get rich you gotta play the rich mans game. there is no such thing as luck. it’s all about recognizing opportunities and seizing them.
if shib hits .01 il let you touch my anus
talk about a crapshoot 😹
my kid came home from school and said he was learning about the planets. they now pronounce it yur-in-is and i was like do not you mean your anus? and he got pissed and said no! it is yur-in-is. they are even pc-ing science. someone may be offended by your anus...lord knows they would be offended by my anus.
sounds like everyone’s in this anus
you mean merica? i'm republican, the only true merican but i claim thisability when i am not thisabled to get free money from the govment but if you a welfare mama you am not merican cause yous gettin free money from the govment.
ah i see. my version of second gen is at .01.
l m a o peckerhead
i still fail to see how that means anything.
lol please. this is an informed decision. i’m fully aware this may be a pump and dump scheme, and i may lose some or all of my money invested. it’s a small part of my portfolio and i’m happy to roll the dice.
i like long stories too, but this one is not long, it is endless...
we all start somewhere, right?
you can cancel christmas
come on .01!!!!!!! me likey the anus
eh its mainly an ego thing. when you’re in the top x% of something (esp if that something is bitcoin) you feel really good about yourself
dude, youre pathetic. i answered your question, but your mind was already made up. fuck you, and anyone who acts like you.
plus i hate trippie redd. just my opinion. god speed if he’s your favorite
some smart guy a long time ago said a journey of 1000 miles begins with a single step
very much so. interesting how it only got two upvotes. oh well
no one gets good poop humor anymore
no idea who that was, had to look it up, i puked...thx...
hahahaha yup. the “thanks i hate it rule” applies here.
i was not patient... i bought more.
shib billionaire here, i kept buying the dip... over and over and over to hold the line. this is only going to work if we stick together as a community. recently a broker had an analysis that showed the two best investors based on portfolio increase were 1. dead or 2. forgot about their accounts. just leave it... don't sell.
this is just the prepump, get ready! shib fam get fuckingready
eat the dips, beat the whales buy back bot
yeo i can’t stop buying!!!! 🚀🚀🚀🚀
i'm still down 40% 😂, hopefully i can break even.
bro, chill it’s a small bump because of coinbase... we still have a very long road to just get into our average... then we’ll be talking about mooning
shiba on coinbase! this is insane! ready to skyrocket?!?!?!?!?
one small step for man, one giant leap for shib.
we fucking love you. may your wallets be full and your wifes boyfriend be kind
just bought 1 mil more. not much but doing my part
i love you all too we need to plan a group shib trip to bora bora when we are all on the moon
this is not even the beginning. we are going to have to wait a lot, lot longer before we actually go big.
bought 30 mil moar today nothing is stopping these 💎✋
i only hold 13 mil. but today i finally profited a dollar i spent 120 in and at 121 in wallet lol. all those dips take a toll but i am glad i am here.
i do not get why anyone would even sell at the prices we've had the last month, its literally nothing in profits. assuming you have been buying as a newbie in the last month.
fun fact. many years ago, i worked for csc. all of the guys (literal guys— i was one of two females) i worked with tried to get me to buy bitcoin in 2009-2010. i kept saying it was stupid and i didn’t need it— it’d never go anywhere, blah blah. they all bought it and kept trying to get me to. i stuck to my guns about how silly i thought it was. fast forward to now and none of them are working for csc, or anyone for that matter, anymore. needless to say, i still work full-time (although no longer in it). so yeah, maybe shib will go somewhere and maybe it won’t, but one thing is for sure— no one knows what will happen so do what you’re comfortable with. take it from the idiot who didn’t buy bitcoin in 2009. 🤣
here we gooooooo!!!! you guys we need a telegram so we can all shill and interact
awesome! just continue to hodl, hodl!!! who’s wit’ me???
haha, dude. calm down. it's an up day. nothing more, nothing less. we are still a few years out from going island shopping.
letss goooo...hold the line!!!!!!
good day. momentum feeds fomo.
bro i needed this positivity today... slight string of drab days and un motivated mornings, but seeing everyone here so excited and being excited myself is just amazing rn!
this is the way!!!! shibarmy!!!!! ❤️❤️❤️🚀🚀✨✨🐕🐕🐕
holding 43 mill let’s go!
still down 50% from a month ago but it’s gettin there
yes i'll take an additional 17.5m... thanks
i've doubled the amount i own 3 times this week, i'm about to do it again.
bought 5 mil more holding 10 mil💎🙌
yes! as stated, stay patient and hodl!
patience is my middle namee we knew where this was heading 🚀🚀🚀🚀
the shibarmy is large and in charge today boys and girls!!!!!!
800,000,000 and more patient than ever
yeah i've just doubled down. if it does not pan out it is not a lot lost, if it does pan out then it is moon time baby!
i have 10 millions, cannot wait to go there 🚀🚀🚀🚀
those below 50 million you better buy more or we spank you and your neighbor.
coinbase will be a big help for shib! thursday morning 🤞🤞🤞🚀🚀🚀
20 million shib with intentions of acquiring 100m shib
no...no we aint going to the moon. stop farming karma and contribute something valuable to the sub.
whoop there it is!!
it’ll be on the retail cb soon the fastest two coins that hopped from pro to the retail so far are: ada listed on retail 3 days after pro listing and doge only mere hours. we could pop up at any moment who knows! after thursday of course bc trade but have hope🚀🚀💎👋!!!
think i’m gonna buy a nothing 200,000,000 tomorrow morning
only way to moon is hodling for the long run! 🚀
gotta get past the current ath before we can get to the moon
also peeps do not forget: leash has a ridiculously small market cap still, given how shib is growing leash has also an insane growth potential!
rollercoasters aren’t fun on the way up just hold until it gets moving
it's finally moving somewhat. i hope in a few months we can permanently get rid of a zero (0)
it's looking good! keep up the rise! 🚀🚀🚀
i bought 1 mil at .21 :d a month ago :(
where's the fudders now?
i kept buying the dip
as fuck when we up in the greens, & with the shibarmy when we gotta hodl. shib is the one, we proving it, over and above the market predicts, i am going for some leash this weekend. for shib
we are back where we started
we fucking did it
this is so hilarious. staying patient is many months and even years. i bought into shib like six weeks ago at the ath and averaged down, and i’m willing to hold until .01!
that boost today was great i just got my mom in for 5m thats 4 members in the family
i'm staying patient. today is the last day before take off 🤑💣💥🚀
110 million here and sticking to it...set it and forget it...
shit, i got 35 mil. i'm a hoddler. i'll hoddle that shit til .01. maybe further.
57 mill and feel like its not enough lol
you guys going to be poor...
just went to 54 mill let’s get that.01 so i can pay my mortgage off and laugh the rest of my life.
i love how everybody sees one little blip up and calls it going to the moon. you’d be better off just checking back in a year.
i am all that is patient! 🚀🚀🚀
and who are you?
back to even would be fucking amazing
bros i can’t stop buying and holding ahahah 40’m about to sell my xrp and doge and go allll in shiba fam
and every day the upvotes become less, but the children get louder
all the naysayers gonna cry
yes! to the moon!
oh man i screwed up how could i sell... my other crypto to buy more . jokes on me i guess! 🚀
we are already on that fucking moon we are on our way to pluto 🔥🔥🔥🔥🔥🚀🚀🚀🚀
your are funny. to the moon pffffffff. 30% to the moon hahahaha f***g funny.
fuck the resistance!!!!!! we are that fucking resistance!!!! lets fucking goooooo!!!!!!! 😤😤😤😤😤💪🏼💪🏼💪🏼💪🏼💪🏼💪🏼💪🏼💪🏼💪🏼
i just got 30 million. :)
haha, for the 100th time this yr🤣
been holding since jan 💪💪💪💪💪💪💪 to the moon
together we stand individually we fall. strong as 1 army !!!!
you say this like it means we are not going to crash again...lol
hell yeah bro! 🤘🏻
i could only buy 1 more share today, but through hell or high water i am fucking trying. hold me for and i hold for you.
any news i’m missing?
why is shiba pumping now? what happened?
we appreciate you more for not giving up, especially when all these negative fuds was pouring from everywhere.
joined the 1 billion club today!
there heavy resistance at 10. i do not think we can break it, maybe later tonight when euro and asia wakes up we might, but there will another sell off tomorrow morning so beware.
i love you guys too. this rocket is being fueled by our community as much as our dreams and hopes and savings!!!! moon together or hell be damned.
do you think we could see 0,01 dollar eoy?
had no choice. no moon. no sell.
trillionaire in shib coins
i took up mining again for this one lmao.
i hope i struggled all my life and all i want is to make my life stress and debt free
went from 60 mil to 360. i was trying to keep my cool. best way was to buy the dip.
my impatience caused me to go from 80 million to 230 million over the past 2 weeks. glad i did! 🚀🌒
army strong i bought more... 💎👐💎
i love you too my shiba friend. shiba to the mf moon 🚀🌙
bought more and ima buy more this week. sitting on 1.1 billion
visa tried to stop me from withdraw money from my account to buy some more :( screw visa and and centralize banking! shib to the moon. this is the way
5.6 million and going for more on payday 👀
ive got my space suit ready, the view from the surface of the moon is gonna be sick
oh we patient and buying more, and more, and9re my friend 💎🙌🦍🚀
300million tempted to sell polygon to buy more shiba before thursday!!!!!
holding with 7 million 😤 buying more soon
i got 1 mil total. hoping it goes to even 1 cent or something!
sitting on 75 million now. holding strong
how do you get coinbase pro?
we gonna make it my friends, glad to be here for the ride... still alot of haters out there its crazy...
why are you guys on shib it’s been down
where can i buy in? i'd like to ride the rocket too...
i want to finally reach 100 million shibs, but i only receive more money for this kind of investment at the end of the month... i’m currently at 79.3 million. here’s hoping i can buy enough for my goal, then i’ll settle ✌🏻
don't coins that get listed in coinbase generally dump the day if the listing? it happened to doge. jw why we think that would not happen here too.
i’m at 25mil and i need to buy more!
it'll be back at 750 in no time do not get too excited... and then 450.
i see a downtrend coming for all cryptos. be weary guys. idk how much adding to exchanges has done for other cryptos pricewise. but don’t be surprised if we end up in a bear market these next few years. i am currently holding out to see if it will drop back down to the lows it was at previously. do you all think the entire crypto market will be bear for a few months?
same. went from 21 million to 100 million. i cannot wait
i bought more this morning before this pump. just ! edit: f it, .
i wanted to but never did. my 100 million is good enough though.
i did the same. the rocket needs fuel right.
i just pulled the trigger on some more!
no patient need more shib like dank weed
just bought some more after the pump. we are going to the moon 🚀🚀🚀🐕🐕🐕
so did i! let’s go!
yea me2 from 25m i now sit at 125m <3
i'm surprised people do not run away when you skydive with those giant balls
shib the people’s real decentralized crypto! 💎🙌🚀💎🙌🚀💎🙌🚀💎🙌🚀💎🙌🚀 let’s go! space cadets peace
or... they just bought and are holding. no sense messing around when you've already got a bag you're happy with.
don’t jinx it, bro.
mmh i love eating dips. so ready
same bought in at 32 grateful that its going up but still have a ways to go just to b even.
i’m relative early in - i’m >10k% in plus right now. just wait and hold - it will go organically up in some time.
i’m down about , but i’m up like ’s all good.
once the covid wallet is empty. says like this, will start days like this. there will be some pull back of course. but higher highs and higher lows.
i still love you bro we gotta stick together in the community and be positive. im not selling for years. but coinbase listing was great news for the fudders out there trying to bring us down.
oh shit. i missed that news. dope.
petiiiiitiooooon, petiiiiiiiition (sang in c minor)
also please share an get the petition out there. 💯🚀
not about the up spike but more about the new listings everywhere and shibaswap . just solidifies that someday we will have lambos brother. positive vibes
i have a very low bar as far my expectations for shib so even this was surprising but i’ll take the small ws
depending how many shib you have 👀 ahah
sell your coins and just leave the group bruhh... we dont need a downer from u!!! if u got nothing good to say dont say shit!!!
i have 300m shib and i still have fomo 🤣
how much was it a month ago? i bought 2 weeks ago at like .0000010 so i’m almost even. is that the right amount of zeros? lol
pourin money and making it ran on top of our mansions
what are you mining?
getting listed on coinbase pro this thursday. patience is key. robinhood next
if there are bear market, i will buy more.
nah no bear market
just went from 7 million to 82 million! i'm strapped in!
same here...had 20 million...bumped my tank to 110 mill
same. stilling at a about 105 million currently
same. jumped from 17.5 million up to 103 million. lfg
bought some leash as well right before the pump since it is related to shib, already made a nice profit.
well that is essentially the point i'm making. buy and hold. aka dead people and people who forgot their accounts do it best. re: broker was fidelity, pretty easy to find the source. just google "best investors are dead"
have a bag of chips just for those dips.
guac, 7 layer, queso, smoked salmon, shib?
isn't that like... 5 bucks?
of course, we rise together or fall together.
thats it! stay positive & hodl, hodl!!!
coinbase listing? for shib? this is actually happening?
this made me chuckle
i just saw the cb pro listing. holy shit.
agreed. hey, you have to give credit when it is due. they seem to be making it happen even in the face of people like me who thought this was a rug pull.
all w's are big, a w is a w
relax, he told the truth
easy man, stop the hate.
nah, i am good. but glad i got you all worked up.
anyone who’s been in the crypto space longer than 5 minutes knows these kind of antics never end well for 99% of people with money in it
idk... probably eth but its payin me in shib.
i think that’s been postponed
holding 2b, just being realistic.
i honestly feel like i didnt buy enough lmao
peasants... sitting on 300 mill like an emperor
had 30 and just bumped up to 105 - hope it wasn’t too late
ask that question a year from today! we in here fam! let’s gooooooooo one penny is one dollar and we change the world! you ready?
for new investors it’s only listed on coinbase pro not the base coinbase
i simply did as i was asked
yeah man that’s exactly why im so excited. after all the fud lately and going down this was great news and hella proud of everyone who stayed solid. its just beginning 🚀
you don’t know what you’re mining? sounds like bs. how is it paying you in shib? shib is a erc20 token. it cannot be mined
i have 2 billion 😈 who is the peasant now lol
300 millie for me too! 💎🙌🏼
me with 10 billion lol
when the prices are this low it does not matter when you get in. just get in there and hold.
it's cool. i only hold 100k myself. i'm just a shiba spectator. i've got my bags in other coins.
what is the difference? im not a coinbase user
yea, that is on me. i did not know until i checked. leash is mooning too.
yeah unmineable os total bullshit, i recommend you stay away from it since i know nothing about cryptos and im doing it.
how ? i’m spreading fud , when i use the word i think
not me i got 300 mil
better charts, lower fees… cb pro > cb standard
i'm not hating. original post was a guy,and dude said a negative statement to rain his parade.
lmao! wow. i have been mining since 2012. i think i might know. you may be getting paid in shib (what service are you using?) but you are 100% not mining shib. you don’t even know what you’re mining. you said so in your first reply lol. but yeah keep telling me how it is.
i was gonna say the same thing lmao
look into sylo, bax, and studentcoin! out of curiosity, what's the "made it" in el salvador? i'm in canada, so that is about 1.25 million, usd.
it’s not possible to go to .33 look at the market cap. there would have to be more money than even printed for it to reach a dollar.
i hate to be that guy, but it’ll never hit that high, even hitting a penny is a mighty order, as that would overtake even bitcoin’s market cap. .01 at a max circulation of 1 quadrillion shibs would put it at a market cap of 1 trillion dollars. bitcoin is sitting at 750 billion right as i type this. it’ll be amazing to see this even hit half a penny, and i really hope it does, but you have to be realistic in your expectations in this game, and understand what the max amount you can make off a coin. not like i am a finance guy or know anything really, just another smooth brained ape trying to reach the moon as well.
i think it is just a misunderstanding, and he missed the reason behind the up. anyway, i'm not hating on you either bud.
well im hooked to the site i told you about and if youre familiar with mining then you know how sites like nicehash work… so yeah now im calling bullshit. you do see my name right?
i have been using nice hash before you even knew what mining was. like i said. doesn’t mean your mining shib my dude. erc20 tokens cannot be mined.
also you never mentioned a site to me. so there’s that.
sounds pretty comparable to ultra-rural us then. housing a bit more expensive where you are though.
i should start figuring out how to buy eu passport xd i hate where i live... money should solve that problem right ? they usually give papers to people who are rich without any problem. rules dont apply for poor and rich the same way
where i live, you can’t even rent a place to live for under ,000 a month. i can’t even imagine ! how much is rent there on a condominium?
read what i said lmao. idk what im mining but it paus me in shib… there i said it again. lmfao. the name of the site is unmineable... like i said if you were what you say then you would know.
lmao here’s my ref link for ya lil ol dell... im sure you already have all of the miners installed since youre all big into nicehash and all…
i don’t have to prove shit to you. you’re the one thinking you’re mining an erc20 token. but yeah you’re the crypto pro. lol
just sold 1. got 2 more and scrypt are coins like doge and ltc actually dual mining ltc and doge and get paid in just ltc and trade it for other coins like shib.
never heard of a mining site called unmineable. lol even says it in the title of the site unmineable, as in shib is unmineable lol goodnight dude hodl that shib you’re not mining lol
inflation is fucking up real estate everywhere, from what i understand. even in canada's northwest territories, where nobody actually wants to live.
wow! that’s actually very expensive for the wages. that’s insane! i guess it makes sense though if they hire private security. we don’t need that. we just have regular doormen. it sounds more like condos are for really rich people there. here, they’re the “cheap way to go” unless you’re one of those people who buy a whole floor in a building. thanks for responding! it’s always fascinating to me to find out how other parts of the world do things.
lol… all you proven to me is youre an illiterate dipfuck king of everything and never done a god damn thing mother fucker. be mad at the world, just dont come at me with that chilthish ass bullshit. adios ficktard
> here some companies are building cheap residentials, every house is like 30k. they have 0% fee, so you can grab one as long as you have at least 700. this is an amazing initiative that should be available everywhere. we would not ever get that in canada because nobody wants to see their home value drop as they have hitched their entire life to a mortgage and think everybody else should suffer if they had to.
my endgame is an island. not exactly picky which one, but i'm partial to staying in canada. i spent some time in belize a few years back though, so i know i love that area.
they look like townhouses. very pretty!
last ath i had 100k and did not sell it. will hold for 4-5 years
i had 20 mill doge at .0002 when folks said it would never reach .01 i learned the hard way listening to the nay sayers. not doing it again.
i'm holding 61mil shib currently, i pick up more about £50's worth at a time when i can afford to, making sure i buy in dips wherever possible. i'd like to get it up to 100mil shib if i can, that'll do me then. i'll be holding as long as is viable for me to do so, if there are steep climbs in the future then great! but at the moment my confidence is low on that, i do feel that by 2025 or so if i fancy selling up, then i'll get back at least what i spent plus a tiny margin. beats putting it in savings!
hodl shib til at least 11!!
most people will sell at 100k tbh
i don’t care about 0.01, i want passive income from it, it will be great even when we lose a few 0’s 🤩
math, sorry... not trying to piss anyone off here. at .1 shib would be worth .4 trillion usd (twice the us gdp). .001 might be possible () if it takes a course like bitcoin or eth but i'm afraid .1 is highly unlikely. 394 trillion is a massive number
different accounts, different sells. one is at 350k, one is going to be at 5 years, regardless of price. the ones that i made for my kids...hell they will probably sell them off when they have 1k lol. but if they do it will be a learning lesson for them in 5 years that they would not forget
i'm a long time holder, do not even care anymore if it goes up or down. just praying in 5-10 years i do get some sort of profit atleast.
i cannot raise my hands because i will be selling hard. i will sell at .000x, 00x, and 0x. if all these price points hit in 3 months, then i will be selling that fast. i'm not setting any future time like 3-5 years. if this price point hits tomorrow, i will be selling tomorrow. i'm keeping it real. i do not have any diamond hand, i simply set a target price to take profit and no one loses money taking a profit.
now can i transfer my shib to a ledger from cb wallet is that a wise decision, i was going to do that and then buy 50 million and stake it in sept
if it hits .1 i’ll be a billionaire. i will probably sell most before then, ngl 🤣
nice if it did bud. my guess is. 005 ath. in 1-2 years.
if your holding for .1 then guess we need a reminder for about 500 years from now lmao ppl in this sub are just fucking delusional with .1 if it hits .001 then it an fucking insane gain so stop dreaming and actually expect something rational just for once
buried and forgotten. will be only going back every couple of weeks to bury more. plus hang around here with my army!!!
yes for sure, until will enjoy staking rewards.
i love folks opinion on when if it will hit a certain number look what happen to doge it’s a doo doo coin for sure yet there is an x factor that applies to all crypto nobody knows nothing not even the “experts” sit back relax enjoy
if i can 5k my investment, ill be ok.
i mean it won’t go that high but yeah i’m holding anyways
0.001 is enough... be patient not greedy
so you're holding forever then because it would not reach those heights it is not designed to and even the devs said that'll never happen
i'll hodl even after that
0.10 is a stupid dream 😂, bone and leash is the answer. just telling the truth here.
only selling 1. since i am only selling once have to make it count.
holding 600m shib also!
i mean i do not think it could ever hit 10 cents realistically. people did the math and what would need to happen for this to happen and its very unlikely
why would anyone admit to being braindead?
0.1 would be a dream but i do not think it will reach that height,i would be very happy with .001-.005, let's see what will happen😁
lol i’m all for hodling to the humans maximum ability but you’ll be a skeleton their esè you’d have to pass the shib on to your children in your will and hopefully it happen then or they’ll have to do the same, essentially it wouldn’t be healthy for you to hodl for that long bc you’ll be dead or a tesla cyborg person. i say hodl till like maybe .0001, .00001 a number that’s actually possible to hit enless you plan on burning a fat chunk of the entire supply alone if so your a beast and taking us to pluto from the moon, i doubt you have the money to throw away for that though so hodl til we hit the ceiling and then enjoy life :).
xao nha cha, what is up with this??
at half a penny, i got a big decision to make...be a happy millionaire or hold and hope.
you’re going to be holding till you’re dead
i’m holding and buying!!!
holding longer than that
bro i made a post asking what was wrong with just holding and everyone called me an idiot
i am holding my shibs until i feel it is time to sell. heck yeah.
imma hold mine for longer
hodler till i can’t hodler no more! doing the lonnnnnng hold
i have 709 mil buried right now and i have a tiered plan as it grows but yes the ultimate ending is right there partner
i’m holding shib and burying shib. 💀🤷🏾‍♂️🤣
what's that weird reversed commas and periods about?
3 year hodl for me 💎
at least a good lot of them!
why not till .01 ?
yes sir i want that 400 k
hold till it goes up or it burns. don’t care holding till it’s worth $$$$$&&&&$$$$$
i cannot raise my hand i'll press the up arrow though
i have 514 million
i’d settle for 0.0001
i raised my hand but i'm in my room and nobody saw it so i did not get called 😔😔
they gotta burn 99.9% tokens to achieve that :-\
you'll be hodling untill you're in the ground then 🤣
shut up pleas we are all holding so stop posting its anoying
what happens to your money when shibaswap shuts down?
well 0.01 is kind of unrealistic im gonna be happy with 0.001 cose that will build me my dream home :)
at 0,1 i would be afraid of how much money i would have
i'm in until .001 - then i'm a happy boy.
yup, earning about 1 mil day with my 3080 as well through unmineable. only can do with prices this low though, if it start spiking it is gonna cut what i earn drastically down. passive money making also power for me is stupid cheap as i have both solar and ultra cheap supply of about .07 a kilowatt if i run out of solar which is not often so i pay less than . so yea it is worth it.
.1 cent is nothing.
just a thought, everyone is hodling for 0.01 or even 0.005. what happens when it actually reaches it and the whole lot tries to sell it, because lets be honest everyone here wants the money. so, half of them miss out whilst the other half gains? there is no belief in this coin.
i’m holding until ! 😜
its never gonna reach 0.1 😂 that would give it a market cap of over 400billion gazillion pizzilion million pounds learn about market cap newbies
imma actual always have some shiba
hold, bury & dog. 💰🤲🧹⚒💰
i’ll hold even after you all sell, catch me in 30 years.
yeah, but if all of us sell at .1, it will crash and most will lose money because they bought late.
im holding shib for years… im entering my junior yesr in colleg, im expecting just to forget about it until im like 30
more like hodl ‘til
i’m staking till 10cents
i will only sell once i see 0.01. but buy sell i mean exchange for eth :)
i’m in with 80 mil and will be happy as hell to sell at a quarter of a penny. paying off my house is no joke, but i’ll be laughing all the way to the bank.
there will be a mass sell off at around. 0001 to .009.
so holding forever. got it.
what if you hold for five generations? 400 years in the future shib will worth ? lol!
at 21m tokens atm. slowly building to 100m
good story for you to think about. i somehow kept , and then a week later if i had not sold my profit would have been 500 thousand dollars. like this, so you never know how it will be and just keep my advice.
it will literally never reach .1
holding 4 - 5 years
first 0.1c then 10c then 1 dollar! burn it baby 🔥 it’s a long hold
holding for my children .
you will be holding until your 150 years old…... it isn’t going to .1 ever….it dropped to 30 today. it might hit .0001 during a massive burn, but i think the devs made there money. they are all multi-millionaires off the first pump.
0.1? why would i hold till then if i’m going to be 95 years old and have no use for money ?
i plan on staking
if shib's current market cap of .9b could reach a market cap of .6b which is bitcoins market cap today then in theory it could reach .0016 - but thats a big ask - i guess would take quite a few years. sadly the idea of .01 is so far off its not even worth thinking about unless there could be some major burns.
for it to be 10 cents, the market cap needs to be trillions of dollars, which isn’t practical given the supply of money in crypto.
that'd be life changing for me. .8 mil, no more living paycheck to paycheck. honestly i plan to sell to get my initial investment back when it 5x and the rest will stay until 0.01 then sell half and keep the rest till 0.1 that's the plan anyway lol
five years for me max
nah. i just wish for 0.005. at 0.01$, shib worht more than btc. even at 0.005$. the total worth 1.9trillion. thats a lot to be true. might reach that, after 20 years maybe 😅
no chance. cus will never hapoen. you sre dillussional
not selling. i’ll check back in 2 years.
what??? i’ll be holding shib until whenever but will lock in profit again when in profit!! all the people who bought shib back in early april at .00000004 or lower arent still holding 100% of their shib! of course not!! they locked in profit on may 10.000038. every .5 billion shib back then and sold for ,000 on may 10. who, in their right minds wouldn’t sell some then?? i’ll be holding but will keep taking some profit whenever i’m up a certain amount!! it’s funny hearing people say “im not selling until ……! even if they’re up 20,000% but still don’t sell any, wow!! as with any investment… always get your original investment out asap and some profit! it’s always less stressful owning completely free tokens.
honestly once i'm out of crypto.com i'll probably just park shibswap and put in will
went to shibaswap and traded for bone when it started. cha-ching!! now i am buying more shiba while the price is down. if it goes up to .000009 again i might invest in some leash. y'all should get some bone before the supply ends! just sayin.
anyone have the actual math on what marketcap would have to hit.for shib to hit .01?
shib is never reaching 0.1 (research market cap) alot of retards will lose their money. most of you just post memes, saying this is the way and shib to the moon but you have no idea. sorry if it sounds harsh but putting your faith into something thats never gonna happen will only cause pain in the future
i'm using unminable and making about 1 mill free shib a day with a gaming rig i do not have time to use anymore xd
got tired of waiting and moved into safemoon and baby dogecoin
raise your hand if you sold shiba and bought
leave us a tread with every 100% increase and show us your balls of steel. (✋💎🤚)
you guys are delusional. $.01 is the highest moon for shib...which is still a lot.
.01? you mean 🚀
you mean a dollar right?
every youtube video about shib and how shibaswap works... there is going to be an insane burnoff shib will hit
lmao, what a fool. not financial advice, but common sense can take you a long way. let’s say this is . you could potentially and easily make the 6 million+ in quicker time if you take out your profits at, for example 0.0025 (should it make it there in a year) and reinvest into xrp. xrp would have easily been -4 by now if it weren’t for the lawsuit. faster transaction times than both eth and btc? yeah... xrp is a future -70 dollar coin. it is already acknowledged by banks worldwide.
durrrr put ur hands up if you durrr ummm like money durrr durrr fuck you op you are a lazy piece of shit 🖕😡🖕
anyone that talks about selling at any certain point, is guaranteed to sell way before .01. if you are talking about selling...ever, then you should not be in crypto. certainly not shiba inu
why people whole year post this shit posts 🤦‍♂️🤦‍♂️🤦‍♂️
careful, alot of shib fanatics want you to use swap
like wise 3-5 years investment across my portfolio.
my balls are not that big anymore bro. i will be gone at 0.009 no lie 🙃
should have sold, and taken profits, put that 100k back into steady etfs with 4-6% back a year. or even stable coins staked. or eth before 2.0, you would have 32 eth to stake as a validator. now you are waiting for a coin with a cartoon dog on the side of it to “pump” again, when you could have had 100k. (the developers definitely cashed out and now they are filthy rich). shib isn’t an investment its a lottery ticket.
maybe it will be added to coinbase by then.
damm that rough, sorry for your loss😓 but it also shows that anything is possible
same plan. my target is 100m and let it sit.
i have been doing the same. doesn’t take too long. basically anything i take in i put 10% into crypto. that’s helped me build a little pot that would have been pissed away normally.
btw, might be worth burying that 61mil while the high returns are around. you can always add to what you bury as you accumulate more.
this is my strategy too.
wish you all the best bro 🔥🔥🔥
don't just hold them. just bury them and forget about them. you're saying you want to increase the shiba balance slowly. burying will reward you with shib weekly.
but it doesn’t beat putting it into a sound project like cardano, ergo, chainlink, harmony, etc… why on earth would anyone dca into shib vs. one of those amazing projects?! 🤯🤔😖
where did that date come from?
i didn’t sell when my 140 hit 500k so have hope .
last ath i could sell with 15k usdt but i didnt.
i sold at 30. good thing too, timed the top perfectly. bought back in of course.
passive income from staking? how much you earn with 1 millions shib?
edit, bitcoin's market cap is . my mistake and thanks for the member that pointed that out
agreed...10 will never happen
i really don’t think the world will be taking to shib like they are gradually with bitcoin and ethereum. i can’t imagine people feeling super confident when they invest their money and get a woof to say their transaction has been processed. shib will only ever be a meme crypto. it has potential… it has real potential but i can’t ever see it surpassing or coming anywhere close to bitcoin or eth on so many levels. i’m no expert… just my opinion.
btc is over .
the supply would have to depleted dramatically and it’s unlikely just saying
with the way inflation is going it will probley be worth 10 dollars lol
not if a whole lot of
and some are saying bitcoin will hit ,000,000 each. which gives them. . so 10 cents for shiba doesn’t look that crazy after all. then what’s next?
you are not counting the burns, if enough coins are burned in the long term it will take less to hit numbers
i think in 5 years this thing is close to zero. the meme has popped. it is over.
yeah. but i will shorter than you. maybe hold for 1 or 2 years.
this is the way to guarantee profit. set a target and sell when it hits. noobs will be waiting for .1 untill they die.
may you be right
what could make it reach that? does it need a blockchain or to get listed on more sites? very intrested to know.
shib reaching a floor on 0.00003's to 0.00006's would make everybody happy, we all should focus on losing this fifth zero first!
just remember. the "experts" have been 100% wrong about cryptos since day one. bitcoin would still be worth nothing if these geniuses knew what they were talking about. does that mean i think shiba will ever go to a penny? idk, i just know that i do not need it to for me to cash out.
haha fellow shibster- bollox to the finance experts on this one 😅😅😅😎
i know. but good job bro 👏🏻👏🏻
lol read the woof paper
great bro. hold with me
0.0001 im happy too :)) haha
this is definitely the range that i'm hoping for as well
i meant .01-.05,added a zero more😂😂😂😂
good job bro 🔥🔥🔥
good job bro 🔥🔥
haha :)) sorry for you bro
im just maybe 1 or 2 years
2 years to me
yep, that would be more than a 10x return if you bought now.
hold to die :)) haha lol
why you thjink it will shut down?
seem like you will lose your fund if this happen
i know i would overdose on either strippers or cocaine.
lol me too deep down i wouldn't want that to happen id lose my mind
that would be great
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🤣🤣 i cannot decide if you are joking or not!?
i was debating on going safemoon or shib. safe to say i went with shib.
ya undoubtably if you get a windfall off a shit coin in that range and just pull it all out, hold back enough for tax, and put the rest in vti“make it” off just that alone over a number of years. anytime i bring this up it’s laughed off as “boomer investing” though…
if you think it is lottery ticket, then let wait for it with other 580k holders, let us wait for the whole ecosystem and shi coin in future.
well let us hope not i hate the lottery
let it sit where
especially if you don’t need it, why touch it.
we find out in a few days!
we don’t know yet. but, i suspect more than anyone is thinking. there are reasons why the whales are whitelisted from shibaswsp at this moment.
not even burning ?
the same narrative was about bitcoin 15 years ago
if doge made top five with literally no use case, i’m pretty sure shib is on the way to top five with multiple uses.
aya as in ayahuasca? 👌 🪴 🔥 🌬 🌊 🌴 🍄 🪐
sad boi with no knowledge. shiba will 100% be in the top 5 by the end of the year . maybe top 3. and in 2022 for sure it will be accepted most places.
99% of the holders are woofable people, the other 1% pay people to be woofed at. so , it’s all good.
how about a goal of simply stop falling?
mate i’ll be gone at 0.0001 lol
shib will never...ever...reach .10
if you think 're deluded
i need to buy more to be happy at that amount.
i know :) haha, good luck homie
everyone seems to be stuck on selling at one cent we need to be a little stronger my friends i hope most people are not going to empty there whole bag at one cent least take 100k put it to work on crypto.com on a stable coin that gives you 10% interest which gives you around 2 k a week if you have a hundred mill of shib when it’s at 1 cent on crypto.com locking it up for 3 months will pay you weekly if you want to live free fuck your lambo
well apparently we both are dude
i’ll always hold a lil of all my crypto tbh
and eventually through time the sun will explode causing the earth to burn. the immense pressure and heat will cause you to truly have diamond hands 💎
that’s a promise bro, the ass will get tattooed! 😂
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **40058** times. **3.** `u` **22744** times. ... **12805.** `u` **6** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
not so sure it is…
kind of like the dogecoin millionaires who sit back and watched it fade away, when you invest you have to know when to take profits or you will always lose.
if its anything like pancake swap it could be a lot
wouldn't that be considered a blacklist?
no...no wallet hodling trillions of shib is going to just "burn" it to move the dial for everyone else's gain
i’m not saying eth is better or worse. i do a lot of work with financial institutions with ceo’s thiscussing how they are looking into blockchain tech and primarily eth… and maybe they will swing towards meme coins in due course… and don’t get me wrong… i’m ok with shib but i just can’t imagine the shareholders, grumpy old men worth millions, who have been in these institutions for years, taking shib seriously. perhaps as an investment op but i can’t see it being implemented like i can the more established coins. my humble opinion of course.
so .09 then it is!
never said that did i?
lol...ok. i have the two that you named as well as shib. i honestly do not really expect any of them to go parabolic...but i will hold forever just in case...i will not be the btc pizza guy😅
this here this is the wey
alot of them, i don’t get why they didn’t take some profits. i didn’t have that much doge but i still took my profit. i bought doge at 0.8 i only bought 10k shares but i sold at .74. i recently bought back in a .20 ready for the next wave. not as much as i have last time. i think the top for doge will be a little over a dollar some day but i can’t see anything pass that.
you can call it anything you want but black list implies something bad and they aren’t bad just not allowed yet . we want them in but only for the crumbles left behind. they have over 95% of the coins, so imagine the flood just waiting to be release.
let alone it would actually take burning about 99.9% to even matter (not even kidding, check the math) trillions are large fucking numbers.
shibaswap is supposed to burn the entire remaining amount in 6mos or so... call it a year... so there is 100 of trillions burnt at once.
so i should sell then?
vitalik burned what 40% of the total supply?
give more to vitalik and we shall see lol
seriously delusional. and if you question these people it is just fud. 😂
ok, if you say so.
you said read the woof paper implying that you think it will hit 0.1 or something silly like that. but i said 'if you think' not that you do
safemoon wallet out soon
i am not calling it what i want, i correcting the statement for what it really is. when something is whitelisted its added specifically to give access and blacklist is specifically not allowing. is this some new "woke" thing im not aware of?
please forward me the link or site with that information or post it. that would be a game changer most definitely but i have never read or seen any such think regarding "100 of trillions burned at once"
making things up is fun.
where did you see this? because that is what i've been saying needs to happen for a long time if shib is going to make doge gains. but it seems people seem to think staking shib will act like a burn just because it is out of circulation for a time. it's not the same at all. so if there a burn coming i really want to learn about it.
that is ok. let them scream fud. you make money from idiots. they are the reason we are getting rich. do these people even realize the price has been falling. you are more likely to add a zero than remove.
stop reading into fud and do your own research.
yeah i saw that. that's actually why i got into it a couple of weeks ago. i also have some sanshu inu...why the hell not!? you can get a shit ton for very little money.
i read an article from the creator himself saying he doesn’t not even consider burning. i don’t have a link to that article tho or else i would’ve posted it.
you not heard of shiba swap
he's trolling. there is no burn in shiba. it's not designed this way.
i have mate 0.1 will never happen ever, it is not possible without a 99% burn and the devs do not plan to burn shib
1 bone = 1 vote so theoretically users could vote for a percentage of shib burned per transaction. i did not hear anything about a mass burn though
yes bone and shib both staked i believe there is profit to be had and i like the project but 0.1 is silly target
what’s a realistic target?
0.001 in an ideal world but i doubt even that unless either there was a decent coin burn, more people stake for a longer term or we make our own blochain.
all aboard the shib train 🚀🚀🚀 paper hands left behind 💎💎💎🚀🚀🚀
make it an nft
i have 19 million in shib... need it to take off
too much too soon. let's get the coin up first fam.
[mp4 link]( --- this mp4 version is 83.16% smaller than the gif (1.08 mb vs 6.41 mb). --- *beep, i'm a bot.* [faq]([author]([source](v1.1.2
merch here to help get us in the public eye! i burn a portion of proceeds too 🔥 [link here](
well that is my new background for my phone.
go big or go home, the charity funds will run out soon!
that’s pretty cool 🤙🏽
nice. i’m always up voting.
how can i buy this??
you should nft that pic 😀
shiba is slowly dying guys. still holding but we need a breakthrough! let's hope in the future there will be one!
you guys understand that if we take our time more coins get burned and if we keep holding we can make amazing gains. many people are going to invest in this coin. moreover, it is one of the most watched coins on [coinmarketcap.com]( . if we all can also make a move like with gamestop the price will go up too. many chances stay strong my shiblings:)
starting to think this will end up being a scam
my friends sold all shiba coins.
woof woof tiz booty full.
love it! design is perfect. great job! the only thing is i like originality. would rather see rather than wallstreetshib. just my opinion.
not until you give us a reason to,,, like news or updates please
i do not have enough money to buy shiba !!!!? 😭😭
i am trying hard on twitter to make shiba holders hold but some people keep selling and it sucks now as we would have knocked off another 0 by now
or we could just not spam this astroturf bullshit.
confused am i, did we do this because they did that?
fuck yes - camon the shib 🚀
if you are thinking where to buy and hold shiba and akita - gate.io is a great exchange with bonuses for new registrations
you guys are looking like a scam like when people where trying to bring more people to bitconnect
tell me about shib. i just bought 103,000,000 😂 and i’m just going to hold out a couple years. my question is are they truly developing this coin or not? seems like they need to invest a little more in the website and get this thing worth something. or is this a coin that is more or less just cheap and made of what if dreams.
is robinhood picking up shib? i've see a lot of people talking about that but no proof
this 🔥whomever created it!!! 💯
shiba token burning monthly thats what we need! lets reach out to the creators of shiba and hope they can develop a system to shiba swap idea the shiba inu token burning atleast once a year or twice a year or may be monthly.bnb is burning tokens and it rocketed to
just bought more shib today. hodl
they should anounce the shiba swap and keep investors happy and create a professionalism
shiba has gained a world wide popularity. currently the whole market is down. you will lose money if you sell at a loss. let the market reverse and wait for the price to go above your buying price.
this coin would not make me rich because it is a scam
with the recent price action, . if you are new here i would recommend first reading up on cryptocurrency. don't just jump in on fear of missing out. make sure that you know what you are getting into first. you can use to get started, it takes you through the process of buying on anexchange (binance) step by step, where you have full control over your funds. the articles in the guide should also answer most of the questions one might have starting out aswell. :)
is that even possible? lol
are you willing to buy?
any proof , any link to the news ?
thats a good idea, looks nice:)
i see zero reason this is appealing to someone that is not a shib evangelist
if you can help it, do not burn. it doesnt actually change the value. destroying tokens does. and shib needs a lot of tokens destroyed to go up up up.
remove the twitter handle and i'll buy it.
**hrmmm nft that pic 😀, you should.** *-goldcoastvaping* *** ^(commands: 'opt out', 'delete')
check out this for sale on mintable! pick up 'shiba inu - energy unleashed' before its swooped up!::
your friends can go eat shit off my balls.
let them sell. holders will be rewarded.
possibly. if i can pay with shib :)
how do you buy
make it an nft and sell it to all shiblings. shiba will make gains in the future so people will buy it.
whats the difference? i thought that essential was what burning did?
sure. give me 5 mins please.
it's done mate. feel free to ask me further questions.
i don’t know anything about nfts but is it ? but you can’t download it?
we can yell 'hodl' but there has to be some thoughts behind it lol 😕 like dogecoins cashing out at 70 cent and buying in at 30 cent. we are here after all to earn money. not to lose money lol 😅 so tell me why you think that shiba will increase in value. pls explain
i understand the sentiment but jesus man go take a shower
oh that was you!? nice! this is the best shib art i’ve seen
there is an option for eth.
are you willing to buy actual art work and pay with shib?
lmao with max 1000 shib🤣
nft is a non fungible asset token. what you have nobody else can have it. it will be added to your wallet and you can sell it later. you can email me at skeezydesigns.com after purchasing the nft, i'll send you the download file.
you don’t lose until you sell lol. shiba is gaining traction in mainstream media. outside of that it goes down mainly because of panic sellers. what do you have to lose to actually hodl?
i'm glad you liked it.
think i found my new career
ohhh, i thought it was something anyone could buy.
and you do not gain by holding... so basically you do lose because the money you have invested can turn out to be 0 dollar eventually...
doesnt it cost the artist money to make it listed as an nft? i have been interested but was not sure if all places charge you to list art.
only one person can buy it. it will be exclusively owned by that person.
it's like a collectible.
just sell, we don’t need you 😄
it does, just listed my first nft, and it cost like , might make .17 on it.
ah a cool boy here
you gotta up the price of your art to reflect the fees then!
ahh a paper boy here 🚴
has anyone ever said, "my house burned down." but actually meant they gave their house to someone else? no. anyone trying to spin the meaning of the word burnt is full of shit. the developer should have never said the tokens were burnt if they were still recoverable. period.
and do not get me wrong. i am really proud of how the community hodl the fort during the dip and while getting shat on by world. and the fact that the value we gave to . and we survived the dip and fud!!but, and i am saying this very respectfully, ryoshi and team needs to do a bit more than just send out a medium article, during these kinds of crisis.
yeah this is kind of concerning. the biggest reason i invested in shib was the burns.
fishy af, but i am still holding.
i would say its misleading burned to vb to me means that they were given to him rather than the developers to ensure they wouldn't scan the community
actually if you read more indepth in the white paper, i recall them saying it was "burned" to him and they said something along the lines of we will be fine unless vitalik rugs us. i do not know anybody would chuck their money at anything without reading everything closely.
who the fuck is running this campaign. it's literally shooting itself in the face.
that never made sense anyway. why would they create double the supply and immediately burn half? they should have just created half of the supply.
well in the world of crypto, that is exactly what "burn" means. it means it is gone from circulation. the devs either knew what they were doing (misleading) or they are complete jackasses who have no clue what they are doing (incompetent). gotta be one or the other.
im not exactly upset, i think we will get through this just fine and im happy this is going to help people, but the specifics of the situation should certainly appear more honest.
bait 'n switch between the home page and the fine print. a move a car used car dealership would make.
i'm going to hold and continue to buy more. even if he donated all his shib holding that means us (the people) can buy it up and have more control over the shib market. they now have savings accounts with high interest apy for your crypto currency. so play the long game and let us make shib ours.
i was concerned when the devs said they burnt to his wallet that was supposedly inaccessible. i checked out the history on the "vb" wallet and he made a transfer out of the wallet to "vb 2" after shib was transferred in. second red flag was the fact that no pictures of human faces were on the website, just logos of the dog. how hard is it to take a picture and upload it. it's not like you need to hook up a camera to your computer with a usb anymore.
india has 1.5bil people this is huge
it’s definitely misleading to say the coins were burned only to find they were just sent to the wallet of someone who may never use them vs sending them to a wallet that verifiably can’t use them. part of what helped this coin grow the way it did was the community’s understanding that half the supply was burnt, so it is shocking to suddenly have all those coins back in circulation. i still think this coin holds a lot of promise, but right now it seems the criticisms levied against it have at least some validity. i’m interested to see how the developers address it (or if they do). on the bright side, at least most of the stupid hype posting has stopped 🤷‍♂️
maybe he did it cause everybody was bitching about his ability to do it and what it would cause. and now it is done and it didnt really hurt anything, just got more ppl in on tje cheap. it's going right back up again.
"we sent vitalik 50% and he can do as he like with it" well, crypto is a very risky game. this coin is even more so since 50% is in the hands of 1 person, but binance made this very clear in their statement when listing shib. only spend what you can afford to lose (as in visiting a casino with x cash only, and leave credit cards at home) have fun. i'm definitely not selling. shib is part of my dog crypto collection. here to stay, whether it dumps to zero or not.
you guys need to chill on the hate to vb. the tokens were given to his address so they are his to do with as he pleases. a proper burn would have sent them to an inaccessible address like 0x0 but no, they were sent to someone with access to the private key. you guys need to be mad at the shib creator, not vb.
white paper says one thing while the website shows images of another. white paper clearly stated that shib would be okay if vb doesn’t rug us.
that’s why i sold
hey sorry, if i transfer shiba from market to my wallet, do i need to have eth balance on my wallet in order to send shiba one day from my wallet to another one?
what ever company audited and certified
time for ama vatalik buterin
you know what? the india relieve fund who got the shib tokens should swap all the tokens to eth and sell it all,so it’s not gonna hurt the shib price and i can call vb is a hero.
i get the frustration and all but we recovered well, i got in cheap again. i still believe in the project the decision to send vb 50% of the supply is an odd one, the whole purpose as stated is an experiment in community building, the donation does help perpetuate that goal. i wonder sometimes if vb isn’t the dev behind the project staying anonymous to keep his attachment to eth and other coins separate, i just don’t see any logical reason as to why vb was given so much of the supply. there’s more to that story that i personally would like to understand, i think with that sort of thing being secretive it’ll cause more and more thistrust in the project which is not good for the long term.
i agree with you it's very clear, they said burn 50% to vb and not gift 50% to vb. he doesn't have the right to spend our reserve of shiba.
shiba inu will be rock like doge
proud to be in this community. we hold shib we never sell. if the backline is strong, we will all defo win. although the dev should re-think the burns and make some amends coz we have really bad press on that now.
to put it basically for everyone, a billionaire created a hype coin knowing thousands of people would fund into it. he used all of us to help him donate 1 billion to india. so everyone who lost money in shib, you just donated all the loss to india on behalf of a billionaire just to take credit for it.
why don’t we just spam or contact the shib devs? tell them what’s on our mind. without us they have nothing. so we tell them what’s up. a petition to have to any shib coin sold is destroyed so that not only do we have a cap, but it shrinks as time goes on. also, after a while the cap should be crushed and burned as an incentive(the price would rise due to lower cap) to keep more investors and invite newer ones that were more skeptical.
it is very misleading language, so much so that it comes across as deliberately misleading. however i have some optimism for this coin...unless shibaswap is all a ruse and this was simply a pump and dump with a nice white paper. either way, i’ll hodl.
although i expected v.b not to be able to use his half, because it was "burnt", the fact that he did not use his for his own gain, but donated it to a good cause makes me forgive him for this. and this might even be a good thing for us since we get more publicity. but i wish he burns the rest now, or that they change the text on their website like the guy.
wait, we are giving more tokens to vitalik? ermmm...
yeah but on a positive note that is less coins in the future he could sell off if the price goes up and he will be kicking himself that he used shib instead of eth if shib takes off to the moon and beats the hell out of doge
what about the other half on uniswap? is that true ? who knows...i hodl strong and hope for some answers from the team
i think the way it is worded in the white paper made me interpret as if vb does have access. it says something about not being great without a weakness and achilles heal and such.
you can’t fight that. it’s the narrative the media is pushing to follow their own agenda. the hispanic news are the same “vitalik collapsed shib”.
come on... everybody knew it was not burnt! we all knew (or shoulda) that these coins were pretty manageble... so, ofc, it would bring some "trouble". the donation itself was good and, if it brings more attention to shib's table, great! but, ofc, in the other side, everybody questions till which point vb will keep the last 45% wallet... so, yes, it is necessary to question the project's integraty or the creators faith in some "tech guru"
i didn’t invest in shiba but what vb did was messed up. he should have donated his eth and not shiba coins. should have left those shiba coins alone in that wallet.
i feel like a burn wallet should be created and vb should actually send the remainder of his gifted shib holdings to that wallet and actually do burn it for good .
donation not sold!!! he did this for a very good cause! bless india! this was also perfect marketing for shiba, especially on the day indian exchanges listed shib... indian friends of mine now bought in support and also because they herd of it!
i agree, i brought up the same topic pinned on my twitter page , please retweet my post on twitter
...i joined because of shiba swap. i connected it to uni swap and figured 2-3 years ’t so bad of a wait. what vb did goes 2 ways...dipped the whales and brought attention to shib. the asian markets are what was binding it high anyway. every day the american market woke up there was a dip...i wanna see how it goes by tomorrow morning since everyone now knows the deals.
then where did vb get the shib he donated? i doubt he bought shib to donate it. what does it mean to burn to someone’s wallet anyway.
i'm so dead and over all this upvote shit it's needs to stop clogging up this community so we can actually read post,links, articles,etc that benefit this coin community
it was a good thing that vitalik spread some love to help india. this is good for our community. the best is yet to come...
what about burning the others not just vbs ffs...
он может полую ликвидность раздать и тогда разрабам предётся сжигать самим
это эксперементальное сообщество как получится так и получится
what a great cause but to be honest, this was misleading and a lie unfortunately. why would you just hand over 50% ... something isn’t right
if i made a product and it became a world leader in its range, i'm not sure i'd be happy about a new product forcing an association with me for their benefit, and using me without my consent.
i think it is necessary to change the shiba inu logo in coinbase, for the logo with the red background. what do you think??
how strange. shib suddenly on major exchanges. shib pumps. shib donated.
they should apologies and burn same quantity to boost the market.
shib's team needs to burn an equal amount of the circulating supply to even out any move that vb makes to sell off.
vitaliy and his group of shiba is full of shit... i lost much money ...
sell your shib if you do not like what happened. go find another coin that will make you a millionaire tommorow. just trust the process we will reep what we sow.
still hodl, tho i think it would be worth nothing in the near future. these seem very complex indeed, and would not attract people to invest on thoughts?
wow 🤩 crazy wow 😳
recent post shows wazir x from india listing shib, makes me think maybe we didn’t get “rugged” afterall
you have to consider the fact that he must keep the rest now. if he dumps the price more, the charity shib to india will be worthless. this will break his reputation ...
yes i agree. its misleading. why the fuck did not they just burn the damn tokens instead of doing that.
well done for posting this
hell yeah!! lfg!! !! 🔥🚀🚀🚀🚀🚀🚀🚀🚀🚀🌙🔥
shiba peoples currency 🙏❤️
i see the same conversations. it’s like dogecoin all over again. we just have to stick together.
i agree that it could have been written more clearly, but i'm no crypto expert and i knew exactly what they meant as soon as i read it. before i invested. i suspect a lot of this anger and confusion about the devs misleading is totally fake. its just people going through life looking for things to be offended by. not saying the op is one of those. you seem reasonable. have seen a lot of fake anger on other posts though.
upvote if you cam here before april. and dont care about the drops because we still up 30,000%. you must be heartless complain about him doing something about the covid .
sadly its not misleading it was burned to him giving him the power to do what he wants
i think in the whitepaper its clearly, read it!
in the medium the first time ryoshi pitched the idea he said "i can say the one thing is to burn the rest of the tokens, you can see here that we sent over 50% of the total supply to vitalik. there is no greatness without a vulnerable point and as long as vb doesn’t rug us, then shiba will grow and survive." this clearly insinuates that vb has access to them. vb also knows the devs as he is in the photo on bottom of medium page. yes the information on the shiba page is a little misleading but by the looks of it greatness was achieved through that vulnerability by vb donating and garnishing so much attention for shib.
if he used eth then eth will get popularity and not shib? idk man i trust a genius that was able to make a crypto that basically is trying to take bitcoin down than reddit speculators. if you do not trust the project, you can always pull your money out
until shib is on webull or robinhood i’m going to keep my money elsewhere.
please you nublets, stay out of this scamcoin. be happy your already lost money might at least do some good in india, but the only funds beinf burnt are your own rl money
idk why everyone is complaining about the greatest pr move in the history of crypto currency. edit: also, it clearly states “as long as he doesn’t rug pull us”. which clearly implies that he has the ability to rug pull.
guys why did they burn them to an already rich dude? with no interest in this project... they should have gave them to someone 'broke' who needed the money more than him!
no one asked vitalik if he wanted the donation. it was forced on him for promotional purposes. "look the eth guy holds shib!" "see there is a connection to a legitimate coin." vitalik was being manipulated by the shib community. he owes shib nothing. they were his coins to do with as he pleases. vb was not obligated to burn anything ever. he was not obligated to dance on shibs marionette strings. i understand it hurt. and a thousand trillion coins are a lot to have in the system sans a burn. but the system should have burned the coin. not hoped a third party would do it. ' i hold a little shib btw. and doge. they're fun coins, and may find a permanent place in system.
still people dont get they buffucked 😄
you're a piece of human shit if you think donating 1 billion to help people in a pandemic is a "terrible shock"
and he still has more he’s gonna dump the fuck out of all u. just sell your shit man: the coin can’t even hit .01 it’s in their own whitepaper! what kind of whitepaper says this coin can’t reach .01. people don’t realise it would need to surpass bitcoin market cap to be .01 that’s fucking impossible. that skinny russian fuck will sell more week by week.
i'm surprised no one can see the larger picture here... if there is a rug pull at this point, it fucks over a charity, not you, or a rich guy. he donated it to a relief fund, securing that there would not be a rug pull. if there is one its fucking over a country in need. maybe burning them would have put the value up for you, and a rug pull at this point turns a . and he donated . now as the value goes up, so does the amount of money they have from a relief fund. which is a much better way of donating to a charity because ultimately the donation made can be worth much more than the original donation amount. larger picture 🤷‍♂️
im glad it went to a good cause, i’m just annoyed at how he used a new coin to do it.
what have the developers said about this? burnt tokens shouldn’t be able to be traded.
quick money for swing traders, people made serious money out of it and its aint going anywhere, all lies
keep liking retweeting and commenting shiba coin for algorithm 🚀 🚀🚀
i posted on twitter 👏👏👏 i’m on twitter buy and hold we should be ok. india will remember
my thoughts are resumed in one word "advertisement", he practically paid , the news is everywhere and the coin is being accepted more and more, like any other business, you need ads to grow and we'll see the grow in the following days
i haven’t bought any shib yet, but was thinking about it. what does this mean?
if you burn something on a cd you can still access the media in it it was very clear that vitalik could spend it
to be fair it is given alot of visibility to shib and probably did not hurt the decision to list in india which is a huge market. the fact that shib rebounded in less than a day and had been mentioned on virtually every msm in a puff piece makes the "donation" a great marketing idea.
i lost a lot in this coin...hope i can get out somehow...cannot move ip
the man gets a tax write-off, he looks like a saint, and still owns nearly have a quadrillion coins. the website is very misleading. vb is a punk. shiba was just getting traction and he did this.
vitalik buterin is a dick ... laundering the money in crypto of oligarchs friends of putin . by the way putin is his idol !
the more i learn about shib, the more of a car crash i see. the devs are anonymous. why? can anyone share any information that shib is not anything but a scam shitcoin. sell this shit, convert what you have to dogecoin and learn what the trigger was that made you invest. i got scammed a few years ago now lost a ton of money, and for me, it was the greed gene. consider yourself lucky your dogecoin investment will cover your losses.
vitalik 'donated' his token to the charity. he never said he liquidated his tokens and donated 'liquidated cash'. please understand donation does not mean liquidation. if there were any liquidation of his usd 1.1b worth of shibu tokens, we would have gone way down. the foundation to whom it was donated to released this statement: ' **''sandeep nailwal, co-founder of crypto organization polygon and who put together the indian relief fund, late wednesday assured people that he won’t do anything that hurts “any community specially the retail community involved with shib.”** **the relief fund, which has so far used the prior donation funds to send oxygen cylinders and other medical supplies to indian hospitals, said it plans to do a “thoughtful liquidation” to meet its goals. “we have decided to convert the donation slowly over a period of time,” the official twitter page of the fund wrote.''** ' don't you guys think its for a good purpose + it gives a crazy marketing to shiba inu. it was listed on india's biggest crypto platform today - wazirx. the coin has a validated purpose now - 'charity' even before the shibaswap launch! i believe it to be a great move holders!
kabosu to the moon
shib has been labeled a scam, everyone’s know who bought it is dumping it as soon as they figure out how to. very thisappointed…….
scam. dumping. back to doge
donations accepted in shiba
you guys are really, really thinking yall going to the moon. it will never happen. cash out now while you still can
just get over it, i lost on shib too. i love when a buncha broke karens decide to shit on genius (which i cannot even spell without autocorrect, apparently) for making a decision. vitalik has built a world changing technology. most of us are dummies. he's smart. don't shit on him to feel better about yourselves. ' i guess, if i want to look at the bright side, shib was the most effective contribution i could have made to the india covid crisis. it's all a sham anyway, at least he gave it away without bureaucracy (which i also cannot spell). shilling these shitcoins is hurting the promise of crypto. that being said. i'm still holding my . so let us fucking go.
you’re upset but most of us already knew this. and that he was capable of doing that. we did research.
get off this pump and dump before you close your ass to smarter traders
vitalik is effing moron. the shib is an effin moron. the moron should have burned the 50% he gave to vitalik. they were probably in it from the start telling eachother that this is how they would make some millions, which turned to billions, and to hell with those who buy them. these mofos are basking in their billions while many, specially those from poor nations, lost their savings and more. that ahole should have donated his own fiat money instead of what was given to him to be never touched. some cartels who probably lost a good chunk will be coming for their butts.
the project is a scam how do you people not realize this?????
i guess all this zen shit is all fun and games, until it is your money... lmfao
yes, that is what i mean.
i was very skeptical about them burning 50% to vb, since there were people saying "hes not the type of guy to sell". he wouldnt be able to sell if it was burned. but atleast he did it for a good cause.
well, i have in the past said that i was burning money on gamestop. not that i got anything back from it, but i nearly did
wait so do we sell or hold?
question : why did not the developer just burnt the coins instead of doing this?
> "threw away the keys" ... but picked them up after just in case we feel like selling later on. on serious note is not a real concern just trusting the word of one guy? ' also how much of all overall supply is not "burned" and how much has vb? this text sounds like 99% of the circulatiing supply. if. that is the case and the vb coins are back in play that is already 50 times the amount from yesterday in potential circulation? i have only a little bit in shib but i am concerned not understanding why so much exist in the first place. why create so much and then "burn" it after?
shib suddenly on major exchanges. shib pumps. shib donated.
vitalik did not sell the , he gave 1bil
-supasaian <-what he just said is a classic example of deflection and contradiction of the truth: the truth is: shib has a big issue; it is time to have a thiscussion about this ^ big issue: vatalik buterin has half the coins in good faith that the coins “were burned.” <-this statement by ryoshi is false stop 🛑 denying the truth about shib as long as vatalik buterin owns tokens, this is a ongoing issue and we the people demand vatalik buterin burns his remaining shares transferred to him at inception of shib be burned 🔥 immediately stop drinking the “india covid relief fund” kool-aid: that was only 5% . now i’m talking about 95% of the problem: vatalik buterin still owns over half of shib tokens.
to be honest i think ryoshi is the biggest problem in this community
surrounded by idiots, the idiot is proud of all his fellow idiots.
and whose to say vb isn’t the dev since no one knows who the dev is. he’d be giving it to him self.
that’s exactly how he worded it. he said they were burned to vb and as long as he doesn’t rug us were good. he sort of made the implication that he wouldn’t rug pull. which made people feel safe in the investment. when in fact he had never even spoken to vb and even still hasn’t after the fact, so he actually had no idea whether we’d get rug pulled or not seeing as they’ve had no communication. it was misleading on ryoshis part to act like there was safety in investment. kind of feel like this whole coin is a scam now. especially since we’re being gaslit by ryoshi now saying “hey guys vitalik didn’t rug us”. like dude. this was a clear fucking rug and the community took a loss from it. don’t say it’s not raining when we’re soaking wet !
you miss the point totally. i read carefully. that is why i am still here and i not only did i hodl, i bought more. i am talking about how the media, haters, inexperience investors reacted. it's literraly the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download.
the problem is the white paper was only a couple of weeks ago, until then we've only had that "50% was burned to vb" wording on the website to go by. so everyone who supported the project pre white paper was not offered the explanation that actually vb could rug pull. the devs presumably knew this information at the time of sending the 50%, so it is either been misleading, or just extremely poor communication. not good either way. nothing we can do about it of course. also although everyone knows about it since the white paper, and yesterday's events, you'd expect them to stop using that terminology on the website now and update the text to mirror that of the statement in the white paper.
and, he did... unintentionally, or maliciously... for a "good cause" or out of hatred of the crypto market... for whatever reason, this was "5%" rug pulls he could do, and then each charity cashing out, will be another 20 rug pulls.
*i do not know anybody would chuck their money at anything without reading everything closely.* really? you new to crypto communities...? welcome! :d
> who the fuck is running this campaign we do not know. the devs have not revealed themselves. that's partly why everyone calls this a scam. indeed, it is a concern. if the shib devs are anonymous, it allows them to run off with the money. eth, ada, xlm, etc all have public figures as devs.
that's what i do not understand either
to hack charts. burn half the coins and the price goes up because supply has dropped. keep the "total" number of coins so that you multiply the price by the "total" and get a market cap twice as high as it really is. such a quick growth puts shiba on all the "top growers" "top performing" lists, and that is free marketing. people are hating on shiba for using dirty tricks, but honestly those tricks were available to everyone, but only shiba has done it so well. i kinda respect the team for that.
to make it sound better...
clearly they did that so that i cannot effectively type in that many digits into the cryoto.com app and have to buy 10m eleven times
according to the whitepaper great projects are all about the “achilles heel”. this is shib’s achilles heel.
i mean... “burn” in crypto means going to a 00000 wallet. this was just misleading lol
i do not understand your argument really, they very well could be misleading and incompetent
yeah we ll be okay until vb decides he wants to make another charitable donation... if those tokens weren’t “burnt” like originally stated, which they weren’t then that means that vb holds all that equity in shib and that can’t be good.
at least way more people know about shiba inu now. i remember i joined this sub last week and it only had 20k members, now it has 90k
it did give me a oppurtunity to buy at 40% below recent averages so i'm not complaining too much. if it returns to that i'll be near my target for this particular trade
didn’t wanna be so crude about it out of respect to the founders, team and community but yeah... it feels a bit like that
yes to the bright side. and we came out stronger
i reackon those were the ones that panicked and sold
we definitely did come out stronger and flushed those paper hands
ditto. just voicing concerns
not mad at vb at all, i actually think he did good and i am proud to have been part of being value to the token and hodl (even bought more) so that the charity gets what it deserves.
all good. we don’t need paperhands.
yeah been wanting to swap more but the fees are getting absolutely outrageous like 300
yes you do need eth for gas fees
i agree but that was the point i was making with my post. i am talking about how the media, haters, inexperience investors reacted. it's literraly the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download. i just think it would help the community if we avoid ambiguity. you cannot blame the media and haters to think the team is just name-throwing vb, without being clear on how his actions could affect the price and the community, and that he rug-pulled us (i know he did not). i see his action as a good thing, a donation for a good cause and now he will have less voting power (he now owns less than 50% of tc). what i am saying is how this was worded right at the start. for most people, especially haters and people who spread misinformation or even people who just found the whole thing tldr, this can be misconstrued and use it against us.
it never was a rug-pull. why would he want to donate something worthless
yes, the silver lining is that is was for a good cause and we came out stronger by proving the world we are a community that would hodl and support
no, once in 2 “burns”
lmao he still owns like 45% of the supply of shib. dude can rug pull the way he just did at least 9 more times every time the price goes up.
you can see the transaction by clicking on the link on the website. and it’s true, once on uniswap, you can’t take it back. only buy it back
yes. not referring to wp
ya it’s everywhere. the misinformation was spread really quick, even tho the tone changed after awhile. the damage was done but we did came out stronger as a community and brought the price back up reasonably
you miss my point. i am talking about how the media, haters, inexperience investors reacted. it's literraly the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download. i just think it would help the community if we avoid ambiguity. you cannot blame the media and haters to think the team is just name-throwing vb, without being clear on how his actions could affect the price and the community, and that he rug-pulled us (i know he did not). i see his action as a good thing, a donation for a good cause and now he will have less voting power (he now owns less than 50% of tc). what i am saying is how this was worded right at the start. for most people, especially haters and people who spread misinformation or even people who just found the whole thing tldr, this can be misconstrued and use it against us.
he never asked for shib and they were in *his* wallet. he can do whatever he wants with them.
i understand and totally agree. i am talking about how the media, haters, inexperience investors reacted. it's literally the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download. i just think it would help the community if we avoid ambiguity. you cannot blame the media and haters to think the team is just name-throwing vb, without being clear on how his actions could affect the price and the community, and that he rug-pulled us (i know he did not). i see his action as a good thing, a donation for a good cause and now he will have less voting power (he now owns less than 50% of tc). what i am saying is how this was worded right at the start. for most people, especially haters and people who spread misinformation or even people who just found the whole thing tldr, this can be misconstrued and use it against us.
i agree and hear you. but this is important for our community and needs to be addressed. i am talking about how the media, haters, inexperience investors reacted. it's literally the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download. i just think it would help the community if we avoid ambiguity. you cannot blame the media and haters to think the team is just name-throwing vb, without being clear on how his actions could affect the price and the community, and that he rug-pulled us (i know he did not). i see his action as a good thing, a donation for a good cause and now he will have less voting power (he now owns less than 50% of tc). what i am saying is how this was worded right at the start. for most people, especially haters and people who spread misinformation or even people who just found the whole thing tldr, this can be misconstrued and use it against us.
it is, ultimately it was for a good cause and we came out stronger
there is no shib team the rest is in uniswap and vb
hodl, it’s nearly back to normal
you don’t get my point but never mind... just read the comments if you wanna get it. if not we’ll 🤷🏻‍♂️
well, great idea, good tokenomics, healthy community that weeded out the paper hands. also, think about it, why would a young genius billionaire donate something he would think is worthless to a charity he believes in
you right. except this time, it’s not a joke.
i understood it too. and i read the whitepaper multiple times before investing. i am not talking about me. i am talking about how the media, haters, inexperience investors reacted. it's literraly the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download. i just think it would help the community if we avoid ambiguity. you cannot blame the media and haters to think the team is just name-throwing vb, without being clear about how his actions could affect the price and the community, and that he rug-pulled us (i know he did not)
i did more minimal research since in my experience it is all about tge psychology and market trends. yet i knew that something like this could happen and i was prepared enough to avoid the majority of the decline before buying back in people here seem to be echoing the sentiment that they were deceived when in fact they had not known either way. if it were burned they would be just as surprised but be saying nothing to this effect
yeah seeing people crying about this is thisgusting
they can use so many other words to avoid the confusion and fud like given... when people hear burn, they think it is gone and not reusable. like a burnt match?
that is not what burn means... its is the real world metaphor for on fire!! nothing but ashes left
thats not what burn means.
copy and pasted from other comments because you should have read my post. see below: you miss the point totally. i read it carefully and multiple times before investing. that is why i am still here and not only did i hodl, i bought more. i am talking about how the media, haters, inexperienced investors reacted. it's literally the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download.
i understand. and i read the whitepaper multiple times before investing. and have read ryoshi’s articles as well. i am talking about how the media, haters, inexperience investors reacted. it's literraly the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download. i just think it would help the community if we avoid ambiguity. you cannot blame the media and haters to think the team is just name-throwing vb, without being clear on how his actions could affect the price and the community, and that he rug-pulled us (i know he did not). i see his action as a good thing, a donation for a good cause and now he will have less voting power (he now owns less than 50% of tc). what i am saying is how this was worded right at the start. for most people, especially haters and people who spread misinformation or even people who just found the whole thing tldr, this can be misconstrued and use it against us.
i mean did it really get us attention? there isnt many more reddit subs, since yesterday! its not astronomical... and vb will sell the rest also at the next thisaster. but he is not sending his eth, he has billions of $'s in that!
buddy you totally miss my point. not only did i hodl but i bought more during the dip and brought my bag up to 1b shib. i am talking about how the media, haters, inexperience investors reacted. it's literally the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download. i just think it would help the community if we avoid ambiguity. you cannot blame the media and haters to think the team is just name-throwing vb, without being clear on how his actions could affect the price and the community, and that he rug-pulled us (i know he did not). i see his action as a good thing, a donation for a good cause and now he will have less voting power (he now owns less than 50% of tc). what i am saying is how this was worded right at the start. for most people, especially haters and people who spread misinformation or even people who just found the whole thing tldr, this can be misconstrued and use it against us. please read a post properly before negatively commenting. it’s toxic and brings zero value to the community.
once its on webull and robin hood you've missed the boat.
stfu hater no one cares about you’re money
nobody is complaining. please read my post and comments
also, any publicity is good publicity? i mean india knows shib exists for sure now
you totally miss my point. i am talking about how the media, haters, inexperience investors reacted. it's literraly the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download. i just think it would help the community if we avoid ambiguity. you cannot blame the media and haters to think the team is just name-throwing vb, without being clear on how his actions could affect the price and the community, and that he rug-pulled us (i know he did not). i see his action as a good thing, a donation for a good cause and now he will have less voting power (he now owns less than 50% of tc). what i am saying is how this was worded right at the start. for most people, especially haters and people who spread misinformation or even people who just found the whole thing tldr, this can be misconstrued and use it against us. btw you were unnecessarily rude and it’s hypocritical of you to act charitable, when your first reaction was to attack and not try to understand. if you read my other comments you would see how proud i am. you are toxic to the community and your comment brought zero value.
if he’d pull the rug with the rest not only would he fuck us all in the ass he’d also fuck india that he just helped. i don’t see that happening if india is claiming to responsibly liquidate which i assume they will so they don’t fuck themselves.
found the doge holder 🤣
we all know that. not the topic of this post
read the whitepaper buddy, it’s important you do so before investing money
if you burn a house you can’t live in it. it depends on context... what are you even saying.
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **22744** times. **3.** `u` **8845** times. ... **16.** `u-504` **887** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
i just bought another 100m there during the sale today
what you wrote is totally unrelated with my post dude. please read before ranting. we all know. that’s why we all here hodling and buying more.
you must really be a loser to actually join this sub, scroll aimlessly to actually see my post to then say some chilthish gibberish like that. you are probably a kid who invested the , and thought you could lambo by spreading fud. my advice, walk away from the computer and get some fresh air.
you obviously didn’t read what i said nor my other comments. 🙄
you obviously didn’t read or understand my post… read my other comments to understand what i mean.
? i am cool and proud of the community and the past fews days. what’s wrong with asking for and edit that makes it easier to understand so that media, haters and people who do not understand words in front of their eyes when it gets a bit complicated (not looking at you 😄).
we good. i was agreeing with you, my comments were with those who tried to make excuses.
good cause my ass he could have used his his eth coin
he did it on purpose to mess with dog coins. but we do not need him.
it'll happen...just give it time, my fellow smoothed brained ape. we'll get there! 💎👐🏼
amen burn them all or loose all of your “army” soon.
i do not know if you're aware of this, but vb did not ask for them. he owes you nothing
i don’t understand what you mean? we all knew that and we all knew he could do what he wanted with it? it was clearly stated in the whitepaper. did you not read it before investing? and it’s good the first thing he did is a donation for a charity - the price dipped but we came out stronger. you are the perfect example of why the website needs to be edited. i am talking about how the media, haters, inexperienced investors reacted. it's literally the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download. for most people, especially haters and people who spread misinformation (like you) or even people who just found the whole thing tldr, this can be misconstrued and use it against us.
i agree but he doesn’t own over half, he owns under half but still has controlling majority 45%
lmao, nice try bigot. eat your tendies and calm down.
and we’re allowing this type of hate in this community? cmon guys. let’s get ppl like this out of here.
yeah because the call centers represent the entire country and all of its people. come on man, where is your humanity? i’m sure wherever you live have shitty ass people too but does that represent everyone? think before you start spreading hate, this isn’t the time to be against one another.
okay yeah, i see what you mean. i guess it would be more accurate to say 50% was gifted to vitalik, then you can go further and explain your reasoning in the white paper.
this is coming from a guy who has a bag of shib: it’s a shitcoin guys. you really have no basis to be upset if this thing goes to zero. shib was probably created by a few buddies who got into crypto last year lol
yes, i got in long before the white paper was released. my assumption was vb’s wallet was an eater address with no access by anybody. regardless of what vb does with it - charity or rug pull - the feel is still the same... we were mislead and almost betrayed... it sure sucks... and i got in for a good cause as well because i liked the idea - crypto for the people by the people that could only be gotten on decentralized exchanges - then, wham, bam - we are listed everywhere and vb has the power to pull the rug... real nice...
you could have just looked on etherscan and seen exactly what the deal was. in fact you should really checkout what the thistribution of the top holders is on any coin. i do agree that burnt is the wrong terminology.
yeah, the way i read it, was that it was basically burned to a wallet, that vb had no key , for safekeeping. like, here bro, hold my wallet, while i go take a dump. then, you come out, and all the money is gone, and you're like wtf bro...and they go, this hot chick came up, and needed some cash bro, and i could not say no... i still have your wallet though.
yea, i’ll be the first to admit i didn’t read shit. didn’t even read the picture above. someone i trusted told me to buy if i wanted to gamble a bit so that’s what i did. unfortunately sometimes spending hours researching something can be the difference between significant differences in profits.
exactly, when someone have project, you know that something really suspicious is going on
you got scammed, my friend.
until the people find out that burn means: give to another person to use it and throwing away the key means probably: "we throw away the key but picked it up right after just in case we want to sell it later." for bnb for example there is a burn function which lets you verify that the coins got really burned. all you have for shib is their word that they threw away one private key without any proof. last i checked people lied for less than 10 billion$
understandable from that angle. we'll see how it works out for us. i'm all in. hahaha
to make the market cap look much higher, in turn making it climb up.
wait until you try to sell...
lol you can copy and paste any number
🤷🏼‍♂️it has worked with my crypto.com 100m at once
yeah, that does not make sense. lol
i wonder how many people did what i just did and look at the reddit page to see how many followers it has
if 70k members cost a billion dollars to obtain, i'd think that was some shitty advertising performance per dollar, myself.
stockholm syndrome - the propensity of people to identify with their captors and find the "good" things in them, and then try to protect them from misunderstanding. "i guess it is not that bad that many thought 50% of the tokens were gone forever" don't worry about being ~~crude~~ honest.
so better to leave it on the market wallet then?
out of curiosity what % of his holding did he sell? how much is he left with
but according to the whitepaper burns mean to simply gift the coin to vb. isnt it right?
that just means i need to keep buying more to help balance
thanks , do you think the team will answer to the community or change the whitepaper directly ?
i agree the best is yet to come...
agreed. if the people who dedicated their time and considerable skill to developing this product want to be taken seriously (and it seems like, aside from the name, they do), then clarity of messaging would only benefit them, and by extension, those who have skin in the game. i have seen it in other currencies i have money in, as well; this is not just a , but a more business-like approach in regards to a comms plan would probably do them well. it is tough in a global environment to get appropriate messaging to everyone irrespective of language, but i bet there are services out there they could use to accomplish this. just my two cents (two shibs, i guess...)
yeah agreed. i apologize if you thought i was talking about you. that was not my intention.
well in the world of crypto, that is exactly what "burn" means. the devs either knew what they were doing (misleading) or they are complete jackasses who have no clue what they are doing. gotta be one or the other.
yep you are right burn means that it is gone but they should have just made it more clear for us so that we could have expect such dip. furthermore i dont know why he used our money for the charity its just forcing us to loose our money even if we do not want.
when you burn a token doesn’t it mean it’s unusable?
how can you burn tokens when you are sending it to one who has the keys in the first place?
yeah ok thats right, must be better on the website where lot of the people and media see it
oh yes then we are in agreement. especially with these new guys coming in they cannot have any surprises or they go into pure panic mode.
okay bookmark cuz your money moves the needle 🤣🤣🤣
please read the white paper in full please
or is it a type of competition going on?
you can definitely still live in a burnt down house
not ranting, my friend but adding to your point which i believe you misunderstood about the coins being burned to vitalik. even before they released their' woofpaper' , it was clear to a lot of us that they 'gifted' 50% of the coins to vitalik.
i am here for the retarded entertainment that you are so kindly providing while i lay in bed before going to sleep! thank you for the laughs!! hahahaha
no i did. i just find it odd that you’re upset about it if you understood what you were getting into. they did this months ago. you and everyone else chose to take the risk
you wrote this post bitching and moaning. not me. it backfired in you. enjoy your day. fight the good fight. 😎
that being said, i'm sure a lot of people in this thread did not actually know that it said anything about a burn. what i read was that half was going this guy and i even commented on a post questioning why it could possibly be going to him. now i know why.
the dude is a billionaire. if the cause was really that worthy, he could have used his money, not shib's . it's like someone handing you a wallet, and telling you to hold on to it, then you open it up, and give some homeless dude the money in it. yeah, you "did good" but at the cost of the communities trust in you, because it was their money you used...not your own.
he used the money that was his (technically it is his now they gave it to him) to donate. he could of used his money that he "earned" for that cause but decided he could of just use shib to write off his taxes with money that was "burnt" to him. and yes, the developers using the word "burned" to vb was stupid, they gave him it. he never said he would not use it on something. now the likelihood of him "burning" the rest is probably not very high. lol
he could have used his eth to buy shib, thus raising the price of shib then gave india more than 1b and kelts the extra coins out of circulation
he did! he gave 500 along with what he gave in .
he sent , made headlines
he did. he used eth and shib. 1billion in shib and about 11mil in eth.
false. either vb burns 🔥 is remaining tokens or the people of shib will get slow rolled and swindled out of all the money by vb; and it already has started
where is it stated in white paper that he can do whatever ? all i can see is “burned”
i am reporting him
but is he wrong
who's upset? you bored and came to our sub to see our great work?
and he did rug us, which is key. he should burn the rest of the coins. and buy the amount he donated in eth to shiba... that is the key information... it is us personally who saved india, not vb, vb rugged the peoples crypto
i did look on etherscan and saw the wallet as vb, but my understanding from the message was that "was burned to vb" meant that the wallet i saw on etherscan was a burn. fair enough that is on me for not understanding fully that it was just vb's wallet, and not at vb burn. essentially i put trust in the phrase "was burned to vb" and thought that meant exaclty that. either way, cannot go back and change how it was worded in the past, and everyone knows now that it can come back into circulation at any point, so lessons learnt for next time. (though still think they should reword the "was burned to vb" from now on).
if it helps any, some shit that looks **really** solid still gets rugged, and i just went through the shadiest shit that i was positive was going to get rugged at the end and it turned out just to be really crappy management (the coin even went up after i bailed). sometimes it is just hit or miss.
as if i'm ever going to sell shiba
donald trump is misleading and incompetent
it's showing a real application and affording potential investors the illusion that buying shiba is somehow saving india from virulent destruction. that's more than can be said about dogecoin, their pr is focused solely around buying teslas for themselves.the fact that it caused the price to go down also invited people to buy into it for a highly certain short term profit as well.
markets can be hacked or some even have issues and hold you coin. not paying gas fees is the risk you take. if you plan to hodl long term without trading then moving to a wallet is a wise choice. if you trade often then leaving it in the exchange makes more sense
he didn’t sell he donated it. he used to have 50% and donated 5%. so he now has 45%. some theorists would say it was all a plan and now that he does not have half, the power is to the people + he did good by donating to charity.
the whitepaper was actually more descriptive and “accurate”. it’s the few lines at the front page that needs to be crystal clear - most people (especially new in crypto and haters) see white papers as fine print and tldr
i wish 2 shibs was worth 2 cents!!!
no worries, no offence taken. all for the good of the community!
i read it. and what is said in the whitepaper is not what is written on the site. that’s why we need to edit it for accuracy. please read my post and comments. thanks buddy
doge hodlers feel attacked because shiba described itself as the doge killer so all the doge fudders come in here or twitter to talk smack. poor bastards. bitter because doge has not recovered from the snl dip.
i really got nothing else to say but - i am sorry for you 😄
well you missed the point totally. that is why i am still here and not only did i hodl, i bought more. i am talking about how the media, haters, inexperience investors reacted. it's literally the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download. in the whitepaper the term “burned” was not used by the way (if you read it properly). this was used against us by haters, ignorants and people who found thought the whitepaper was tldr. can you please read and inform yourself on people’s views before commenting. and i am proud of what vb did, by hodling we contributed to a good cause, he is now owns only 45% instead of 50%, which gives power to the people and we filtered all the paper hands. no one is upset, just asking for a correction to avoid misconception.
hmm... asking asking for an accurate edit? you ok? had a bad day? daddy touched you again? my advice, walk away from the computer and get some fresh air
i for one checked that exact site before buying, saw that exact sentence, and decided i'd go for it. i wouldn't have bought if i had know that there was an actual whale with 50% of all coins who got in for free while not even forming part of the community and having competing interests.
exactly. these were supposed to be burned according to the shibatoken website. giving away something he was given, so he can take the credit and look like a saint is bullshit. total rug pull move... wonder if we can bridge all of our erc 20s over to pdot or bsc. that would send a message from all of us who's money he actually spent.
we got robbed by a good cause.
i'm fairly certain he introduced crypto to a nation that is does not use it yet
i would say that, once things like this set a precedent, in the communities mindset as "okay", then he would actually be more likely to burn more, for whatever cause he deemed worthy. it's easy to give away someone else's money, the us government does it all the time, and the sheep just lower their head, and let them, instead of calling it theft, and demanding that it stop.
imagine the taxes on ,000,000,000 usd
you cannot write of burnt coins as taxed lol it is gains no matter what
bro, notice how he did this when shiba was starting to make big gains. that was some bull shit. he should come out and tell us what he plans to do with the rest of the shiba.
i mean, yes, but the eth contribution was about 1...
to mitigate criticism. the guy's a billionaire in ether, 500 is nothing for him.
have you learned nothing? saying one thing, then doing the other seems like a common theme within crypto. what's to stop india taking the money, and then banning it after? just like vb was supposed to take the money and not spend it. which he then did, back tracking entirely.
but he didn’t ask for the tokens. the risk was on shib sending them to him. while i hate that he did it he never said anything as far as i know about not using them. it was just assumed that he wouldn’t so while i feel like he is ass fucking us i can’t demand anything from him.
you are right. that may happen. doesn't make what i said false.
it was highlighted in a different color on page 6 of the whitepaper buddy. you didnt reach that far?
i hold shiba. and you guys seem a little upset lol
yes, it was our money after all. but he did donate in shib. he did not convert to eth. that is also something to keep in mind meaning shib is that valuable that a public charity received donation in it. we ended up being unsolicited participants in the charitable event. most of us were so consumed by the gains and greed, that we would not have done anything like this at our own volition. that’s why this move is so controversial that people simply do not know how to feel. the worst of us are angry, the best of us are impressed. our compassion was really tested yesterday... gotta admit, i didn’t feel like the best human being... i got over it, however... the message here is that when masses unite, a huge positive change results. i do not believe that vb was sent unsolicited shibs at the beginning of the project. i highly highly doubt it. in fact, my bet has always been and still remains that he’s a mastermind behind this. he expressed this theme in his papers hundreds of times.
vitalik doesn’t owe you or any of us shib holders anything. the devs sent him shib as a publicity stunt and it went exactly like it should have. if some asshole sent you millions of dollars worth of some coin, would you feel obliged to hold onto it? no. and you probably wouldn’t donate it to charity either lol
if you had looked on ethscan and gone back a bit you would have seen a 1 august transaction out of that wallet. burned was stupid terminology to use. but if anybody thought he didn’t have access to that wallet after looking at ethscan that’s on you. he just very rarely uses it. in this case i’m fine with his use of it. he was given those tokens, they are his. he didn’t use it for personal financial gain. could he rug pull? sure. would he? very unlikely, it would absolutely destroy all his credibility. he’s never been motivated by financial gain.
right answer. you passed the test.
i plan hodl long term
yea no i get that i just wanted to see the % so i could better understand the depth of the effect. 5% isn’t a lot not even close and we had a massive drop of almost 66% that’s nerve wracking. we as a community need to do our best to keep and eye on that wallet because for good or not he could cause many others to lose their investment
not trying to bubble burst your wishes i also wish for .02 😂. but this would mean shib is worth 2x the amount of money in the world... never going to happen... unless we actually burn some tokens. we need to burn some damn tokens already. like all of vb’s remaining and 1. then we soar to .02. exclaimer - i did quick math in my head not trying to be specific on the .02- 2x- 1🚀🚀🚀 let’s gooooo
dare to dream, friend!!
they clearly defined what that burn was in the white paper. buddy. if people are fudding, they should have read the white paper. there is no excuse for ignorance
nothing wrong with that
royal you. the only people upset are the people who didn’t read, who didn’t try to educate themselves or learn. you can’t walk into cryptos at 8am on tuesday and just assume you know wtf is going on. theres information is out there it’s your (royal you) responsibility to dig for information. and if you’re only following a hype you can’t be mad at them because you as new investor chose to ride the wave.
you knew this buying shib inu though? why are you complaining about it now ? the burn was out of respect for the community and the ethereum network. just relax. history can’t be undone. it was done for the greater good.
what about him burning the shib twice... just to see who’s loyal and remains... and then doubling what he has taken out? we never know the plans but, we don’t always have to think it’s something negative.
rug pull move but it gave us a lot of traction in the news etc. i think it will be good for shib in the long run, the indian charity said it will use the funds slowly not to hurt shib investors.
theft is still theft, be it at gun point, or purposefully devalued coin prices.
a nation's government, that will use it once, like a cheap crack whore, and toss it, as soon as it is value is up to the level it was initially given...aka 1 billion. i look for it to dump via india's government, after it hits .000037 or higher, truth be told. cash out, and then, india's government officials driving out to covid sites in lambos and bentley's... while we are trying to recover what we just lost, over and over again, only to have vb give away more, in the name of charity, while we all take the hit for his generosity with our investments...with absolutely zero say in the matter.
he sent the eth to india too.
that's a great point i didnt think of.
seems like i haven’t. either way information on the page is misleading.
you still didnt thispute his claims your just throwing a temper tantrum
i didn’t buy this to do charity work, if i wanted to do that i would go seek out a charity. i bought into this to make money not give it to whomever vb wants to on any given day...
are you trying to tell me about myself?? you do not even know me? and thanks for clearing up what i owed... 'who the fuck is that guy!
seconded. free coin aint free if it comes with strings. and he didnt request coin or string.
i see, i'm a merriam webster loyalist myself as far as definitions go. "mislead" in merriam webster does not signify willful deception, only that one persok causes another to hold a "mistaken belief". incompetent refers to someone who is lacking of qualities needed for a function (as many con artists would be). both are not in britannica at all.
then wallet makes more sense and is safer
it dropped massively because of fud. and got back when sandeep reassured the tokens won’t be sold immediately but rather progressively
it’s just a dream :)
you totally missed my point and the perfect example of why the website needs to be edited. you don’t bother to read my comments. i am talking about how the media, haters, inexperienced investors reacted. it's literally the second paragraph of the website. such important information needs to be crystal clear and not explained somewhere else you need to click on and download. for most people, especially haters and people who spread misinformation (or even people who just found the whole thing tldr, this can be misconstrued and use it against us.
the greater good always comes at a huge price for the common man.
stop saying burn... there was no burn...
your own fault not researching your investments. i agree about the poor choice of semantics by the devs on the webpage, but people should not invest their lifesavings into something they read one page about. i and everybody i know were aware about vb being able to do what he wants with the coins. you do not "burn" coins to someones public wallet. you burn coins to dead inaccessible wallets, and vbs is not one of them.
exactly. if i wanted to donate to india, i would have done so off my own back. and i do not...
we share similar dreams. one day we will get there! 🚀🌚
the whole purpose of the white paper is to clearly define everything you are saying is being generalized on the website. that’s the whole purpose of the white paper.
i wouldn’t call throwing couple bucks an investment. it’s more like a lottery ticket. i’m also aware that there are many retards betting on it but that’s just insane. i can understand greater fool behind any market but just not a fan of being fooled by asset itself 🤷🏼‍♂️
people died every where of covid matter fact usa being the biggest nominator its still not right to donate under false pretenses peoples investments.
not will i they are corrupt
how do you move shiba tokens from the exchange to a wallet? i’m using swyftx exchange and it only allows withdrawal of aud, btc, eth and xrp into a ledger wallet. how do i move shiba to a wallet without selling it? ta
yeah, was not exactly pointing at you. but i'm just so tired of seeing people gamble away their life on something uncertain and then trashing devs because of their own buy high sell low mentality. i'm 20x on my initial investment so far and am still willing to lose my entire investment if worst comes to worst. i just think the risk-reward ratio here is out of this world, especially if shiba swap turns out to be as big as they say, and who knows... maybe people of india eventually adopt shib.
i have them on a local exschange, but cost gas fees also...:/
it’s really not that difficult to read the white paper. anybody who is upset that everything isn’t spelled out for them on the website, did not read the white paper. it’s as simple as that. people are not doing research on what they invest in, like you said, but it’s their own fault. this isn’t the only community that has done a “soft” burn to vb. i don’t see a problem with changing the website, as it would make things easier for new investors to understand. but my point is that it’s not misleading. not if you are responsible, and read the white paper lol
its not standing up for hate as i love all people and would donate to india i do not accept theivery
racism is wrong but his point of not donating stands and hes correct no donations should have been made as people who invested in shib were told the coind were burned aka destroyed
that’s how i feel about my entire portfolio right now. long term no stress but it’s always a nail biter no matter what.
i wish i had more cash flow to buy the dips
if your stoned then you just laugh at this point
every crypto holder looking at their phone
getting out is not even an option.
apparently i am the only one excited. just buying the dips.
never invest more than you're willing to loose. it's called shitcoin roulette for a reason. i got 50 million shiba right now. i'm hoping with everyone else it will be good in the coming days
smoke some :) take a breather. why did you invest in the first place? exactly, because you believe in . so what’s to worry? time will tell and the whole market is tits up right now, so again, smoke one and get some sleep maybe ☺️
i wonder how many people are freaking out selling at a loss? i personally been buying the shit out of these dips! dip dip! the whole market is red . i'm going to sleep good knowing i bought more!
just bought 300mil. to da mooooon folks (or at least above water)
i just bought 40 million more 🚀
grab a beer. or just go to bed.
we got this hodl
it does not matter, because all market in red color today, it is not at first time happens - corrections, just wait and hold, that is my strategy.
just hodl and dont get nervous. our time will come 🚀
i just bought another 5 million shibas, shibas never give up!
i do not even want to look at my phone... 😩 holding... my ethereum is looking worse 😭
we hodl the line and take the remains!
america stop selling ffs
shib the people’s real decentralized crypto! 🚀🙌🚀🙌💎🚀🙌💎🚀🙌💎🚀🙌💎🚀🙌💎🚀🙌
glad i freed up some profits in stocks today in case this happened with crypto. nice dip to buy in at ;)
sorry guys i am out of cash now... cannot do any more dips.
is everyone's preferred method crypto.com?
let’s fucking go!!!!! discount moon tickets boys and girls.
likely not the only thinking china did this to lower everything intentionally so they can buy low and get richer 🧐
all crypto is currently down like syndrome.
never been an option to leave... whole market dropping don’t panic. it’s apart of the game. learn the rules before you step in.
i bought at 1575 and then again at 1250. now i’m in the 100mil club. i don’t mind the dips. i just get stressed trying to time it right. i’m trying to talk myself out of buying more but i swear if it drops below 12, i’ll be back
upvote if you bought the dip (and the dip after)
i know it is stupid to buy more then you can risk... but honestly this dip was just to beautiful 😍 looks like another week of ramen but soon steak and lobster!
pretty much like this... 🤣
just bought some more i'm at 24,999,999 🤞🏼
all time lows a plenty 😂🤣😂🤣 shib, xrp, xlm are tbe only ones i'm still in front in... everything else just haemorrhaged 🤢
lol i bought another 5 mill at .0000131 busd and it went right on down to .0000122
yep that is me
my only thought is i bought this for a long term thing. in 4-5 years i wont remember this day.
man if i am millionaire i will pay off everything... and help my parents and friends
it is alright guys! alright alright alrightttttttt
i just converted all my doge into shib and then bought more shib at 1250! super thiscount! hodl. up to 74m shib now!!!
haha look at the eth and others 😂😂
i am not selling, but this shit killing me
i just bought 100 bucks more
hahahahahaha 0.000013 and we still holding fuck those paper handed bitches
to the core of the earth!!!!! 🚀
relax everyone, it’s just a fire sale.
just bought the dip yesterday, and it’s down again by 2000 :( gonna buy again though
ive never held this long in my life
time to buy more and hold. shiba inu
i panicked and bough 30mil more .diamond hands
the entire marked crashed, this is not just shib, it will go up again :)
just bought about 1.5mil shib yesterday. time to forget about it until it hits a dollar.
just picked up another 50mill. if this fucker keeps having these dips i’m gonna be divorced. my wife don’t believe in shiba like i do😂. she’s not worthy!!
apparently i did not buy the dip
that’s how every crypto holder looking at their phone rn ughh whatever it’s all good can only go up from here!!!
i’m buying the dip, even borrowed money cause i don’t get paid until thursday
sign from universe to buy some more
ohhh mama i want buy more now
110 million and holding. not blinking at all, bring it. veins of ice.
nah i just bought another 56 million.
people is doing the fake news about china is not doing crypto... don't panic guys.
good time to get the dips
lost my only 50 bucks in shib, hope the price go up soon
we are doing bloody good for holding superb job guys.
hahahaha, out of nowhere from a random check i saw the price dropped to 12. immediately bought 1.3 million more (few days ago for the same price i could only get 400k shib coins). my heart did low key skip a beat though.
boda went from 1.28 to zero 0 today
not me, i sold before it dropped and smashed my wallet into that juicy dip at 0.00000991 :)
zero. just like boda.
now i am going to hold till the end or wait till next week hahaha
the roller coaster is the best. imo. even if i lose.
win some lose some.
i have stopped looking at my wallet. i check once a day when i wake up in the morning.
just bought the dip
bought 5.5m more shib after seeing this meme. keep hodling shib army!
except i'm holding a doob and enjoying this flash sale!
well shit here i go buying the dip again for the 5th day in the row.
holding is the only key rightnow, no panic selling
just bought another 2 mil, convinced coworkers to do the same.
just keep buying guys...just bought for 50$...this ship is going to fly to the moon!💪💪
2 packs later... still bought another 155m fuck it right...
i just bought 100,000,000 more shiba
almost payday. i gonna buy more. all crypto is down
buying more soon 🚀
just about another . not going anywhere.
it will pay off, forget yoir coins in your wallet and capitalize on the downtrend.
welcome to crypto everyone this is what all the hype is about, this is how crypto moves... you are in a coin that will loose money so fast that even if you have your sell order ready you will not be able to stop it!!!!! so put your phone down guys, go back to your life and come back again next month,,,,, and we will have moved on
turn off phone… hibernate… wake up a year later and smell the roses! 😂 🚀 💎 🤲🏻
just bought the dip! 💎
most coins are all strecthed out...but this one way way more...waiting for the rubber band reaction...to the moon in no time...keep on buying...
buy the dip baby! keep going
shibaswap info needs to be released... also robin hood listing.
down close to 22%. can someone tell wintermute to stop feeding any profits to india until we can recoup our losses?
you need to look at the whole market, imagine what bitcoin holders be like.
let’s keep buying more shib guys i just. bought another 800,000 shib coins... let’s buy so much that the hype should be on fire so that all attention comes back on this coin
we should pump shib together. also someone try to tweet elon about shib and get a reply.
elon, you cock sucker...
to hell with china and the mollusk
we lost a 0! let’s see how much it can go down today and i’ma buying it!
best time to buy is right now 😎
just doubled my holdings.
cardano holders too. wtf happened last night? i just put . hopefully it is gonna bounce back.
the projects and purpose of any coin including shiba did not change so there is no reason for a dip this big. this is a simple sell the news buy the dip strategy from big whales. !
think it this way you can buy more with less
i think i’ve reached my limit on dip buys 😂😂😂😂 i’ll just hold
finally a commander with 100,000,000 coins :d i usually love me some guac, but today i prefer shiba dip
does anyone know what happened i feel a thisturbance in the force like a whale died or something
i decided to buy in while it was dipping. it kept dipping...
i welcome these healthy corrections!!! elastic momentum! 🚀🚀🚀
i am smart enough to see how many coins are being purchased and know that this thing is about to explode!
not phased down 500k
this ain’t elon it’s china
that’s me right now. it’s ok tho i’ve been watching the crypto market for years now and i always regret not buying (out of fear) during dips.
lmfao 🤣 💎 🙌🏽
what a day to buy 😍
i have now 1,2 billion shibas dip to pump
getting on here always makes me feel better about loosing money lol
my instinct was to buy more, no strategy, i just like the paaaaiiiin
i have to hold for at least a year anyway because of the possible tax reason. capital gains tax is brutal.
everything is in the deep bowels of hell right now lol
everyone jumping coin to coin is going to grow absolutely no faith in any coins. and even some of these new “shit” coins have a useful futures if people would just stick with them
i'm just buying more... i love this game!
it's just on sale
literally that was me when i got this notifications
is this a end ?
honestly none of these dips in crypto can phase me after being 3 months in the red with amc. might help that i only put 'm still up 10x on my investment.
i went from rich to broke overnight. lol
i literally had to smoke cigarettes after looking at my portfolio
everytime i buy on the dip, there is another dip. added another 8 million shib. am getting addicted. hodl till the end.
pfft. it's this is nothing more than a fire sale. get them while they are cheap!!
it's my fifth cigarette already.
can we pin this baby to the top:
i think we've all been bamboozled.
i feel really thisappointed and dumb.
my 4+1k , no need to worry about . hold till moon .
this is all elons fault, good thing to be part of this community and not doge...
there’s a reason these coins are called shitcoin
it's time to go to let's go to the moon together 🚀🚀🚀 🔥🔥🔥🔥🔥 buy on uniswap 🚀🔥🚀🔥🚀
when shib is up little bit “india covid-crypto relief fund” they sold a trillions shib token out then the price dropping again. fuck that
git gud, buy ultrasafe thank me later
we are bound to go up. just stay patient.
for the new guys: join the shibarmy! try crypto.com, you can buy shib on their app, zero fees. also they are hosting a supercharger event featuring shib, perfect way to grab some shib! let's make shib great again!
it is called a dip. you buy it. :d
still holding. entire portfolio makes me feel that way
you guys need to relax and stop stressing over the prices every damn day! this is a long term hold
you gotta pump those numbers up, those are rookie numbers hodl strong shib army!
my shib's been down since the day i bought mine at .000026 that being said it was not all that bad since i had other coins to fall back to. now all the other coins are down. i have fulfilled every young crypto investor's goal of losing money lol
hahahhahaha your not wrong bru
this made me laugh so hard 😂 tha k you sir take a star
they say that usage of funds will be in order to not hurt the shib community. ref: [ but shibarmy lack volume. the growth expected if done may take a hell lot of time. it will be test of our patience. ' we should be optimistic. doge took years and elon to reach moon. ' the main issue is whenever the prices will go up they are gonna dump it and that is gonna hurt badly.
i woke up, checked my phone and was like "god i really hope i am right and that shib will go to the moon"
"someone once told me that shib is a flat circle. everything we've ever done or will do, we're gonna do again. and again, and again, and again forever. hold."
considering what came afterwards ... the "kind" bad timing gesture of vitalik was really inappropriate
running low on hopium.
it’s going to pay off ladies and gents. if anything, buy the dip! just bought 20 million more haha.
💎 hands in it for the long haul.
😂😂😂. true. that’ll be me right about now. lol 😂
[the dip serves only to mold me](
yeah, i'm def not watching that shit until i see the market recover lmfao
so how many shib billionaires in here? soon the moon!
this is one hell of a fucking dip, shhhiiitttt!!!
hodling my 100mill my friends. keep strong i will be here with you all. 🚀🚀
4:04 am pst where i am at. all cryptos are down, even btc. btc is under . i ain’t tripping, i bought the dip for . you all should too!
started off with 200’m in it for 4k thanks to all these dips🙄
my whole portfolio is in the red. time to buy.
you just have to hold strong now, nows the time again for diamond hands to win and hodl strong. paper hands or others that cannot stay long term with wither out with this news. in fact you should buy at these big dips.
why is the price dropping so much? people selling?
i’ve never lost this much money in crypto. ever. and it was fast. that’s what you get for buying within 15% of ath. still holding. regret everything ive ever sold.
i just bought some more, i love it when the market is red and i have some fiat to grab some bargains
u meant right now right now lol
the dip means buy more
i thought the name of the game was hodl! not panic sell
me, buying the dips! 🚀🚀🚀🌛
i am not selling anything and waiting for buy . remember it gonna get support level and then where i am gonna buy more . i am chilling as i know it’s a test
.00001000 level who r these people selling to this extent
i give 2 shits😂...it is nothing but a dip. it's a really really good time to stock up. this is not nothing new. it's like this with all stocks and cryptos. btc and eth is not doing so well also... everyone just hang in there ✊
im all in yolo
best thing we can do right now is just keep the coin and community alive
did you hear the news? vb burned 6 billion usd worth of shib
actually crypto owners looking at their phone like...
hold those coins boys! 💎🙌🚀
probably the gov't pressured elon to back off on btc and get back into american dollar, or else he would have hard time sending people to mars...
i'm gonna enjoy my day. only training wheels panick. they all rise again
it's almost on a 0. i think it is done 😄
i am holding since feb, i did not sold on the top i did not selling on the bottom not financial adviser 💎💎💎
beware of this scam... gme shiba and doge scam promoters alert! alert! alert!
that's why i buy and forget about it
lol, on my second pack lol let's goooooooooooooooooo
just bought 15m more shibas.
i looked at all my coins this morning and thought it was my birthday. spent half what i intended today buying more shiba, btt, and litecoin. and my sushi was still up anyways! buy and hold, this is those times you hear so often when it’s time to buy. down 30%? buy.
it’s thiscount day! buy em up!
don’t panic entire crypto and stock market crashing buy the dips
considering the crypto app is running slow as doge shit right now, it is probably a good indicator of how much traffic they are seeing.
i’m still a hodl... until the wheels falls off!
maybe not 9hrs ago...but yeah right now i’m when it’s dropped to 0.000006 i’m looking like that! 😳
when ppl keep saying buy the dips but you have no more chips 😂😂😂
all i hear from people is how they bought more and more. this is not a bad thing...i agree. but what i do not understand is we should be talking about about what china is.doing to the crypto market and how other.countries may follow and the future of regulation. it's not the end of.crypro.but let us converse in an educated way about the future...not just what elon said or how much you bought
yeah not even trippin lol everything is dippin.
i woke up looked at my phone and thought, “it's going to be one of those day's”. 😅
if anything i want to buy more now, but i do not have a credit card and the deposit will take 24h and worst i could not even do it now if i wanted to because i need my other phone to do it and i'm at work.
yeah not if, but when are we buying all these thiscounts???
monster crash of the market ,... end of the bullrun
shiiiit...that is everyone holding crypto right now lol
i'm like buy buy buy buy
this could not be any more accurate especially with crypto.com not letting me sell or buy
trying to buy more but i cant!!! all the crypto platforms are slow or not functioning! damnnnnn it!
every place is the same just relax friends
hodling 250m now...if i can catch the 6s going for another 250
we are back to four 0s!! 🎉 🤣
i do not sell out on my fellow shib army. i stay till the end. commanders do not give up!
elon did not cause this. . it was already happening guys!! think of it as a mega sale and opportunity to dca into an amazing position for when everything turns around!!
don't forget about china causing a scare...a big fuck you to them, but i'll be here holding and dippin
good time to buy!
i got 22,000,000.0 the price of 0.000028 it sucks for me right now. 0.00001 😵😵
just bought 7 millions
just bought 40 mil more of shiba and 1k more of doge 😎
i just bought more ah well nothing ventured nothing gain 😂
let’s keep hodl and buy on the dip
10 cents is all i neeeeeddddd
buy eth and ada tooooooooo
i do not really like btc too much
its gonna be like this for a lil while. but who cares, we here for the long run. if you get paper hand thoughts just uninstall your apps haha
hold till i dieeeee
i'm always fully invested when the crypto market crashes, i need to save a large lump sum and just wait for the next crash... because it will always crash again... this is the way
learning point...buy low sell high do not buy hype
this how confident i am in ,000 shib this morning [shib fun money](
i just bought 2m more shib. just hold, this is a waiting game my friends.
elon has way to much power in the market. one tweet can make something like btc crash.
time to go shopping fellas!!!
that’d be the whole market and all of my account!
i think he did it bc of berry. elon is a huge supporter of doge always has been. berry short stocked doge during the snl show. the price dropped by alot. berry is all about bitcoin. elon wanted shove it in his face dropped bitcoin. he still kept his bag he didnt sell. elon is not the bad guy here. i have a feeling he will accept doge soon. his statement for getting rid of bitcoin was environmental issues. what i think is bullshit is how everything is dependent on bitcoin. thats 🐎💩. valtik is who screwed us over with shiba. yeah his donation was meaningful but he should of burned the rest not waited for the price to drop out. also it seems he has nothing do with shiba from the jump. the devs should not of sent him those coins but burned them to a dead wallet instead.
it’s not elon it’s the green new deal idiots that saw the consumption reports. because their electric cars don’t use fossil fuels to make there energy lmao.
trying to buy the dip
the shib stress is real. damn.
diamonds hands babyyyy!!!!!! 🚀🚀🚀💎💎
im just gunna buy it all up for the next year. it will swing back soon enough. imagine sitting on 300mil doge last year
this is literally what i look like right now 😆 we need that swap!
go watch and chat with all the shiba army on this live feed on youtube! it’s live all day everyday! shib to the moon🚀🚀
i don’t care, i bought again at todays low and it’s goin up again.
turn that dart to a doobie and you’re right
you call it a crash i call it a flash sale
buying the dip hard right now. 750mil coins.
i’m in with 10,420,069 & not selling until i can buy lamborghini. not a car. the company from volkswagen.
hop onto fye coin!! you can buy it through dextools she’s running while all the other alts arent
my coins are staked anyway 🤷🏼‍♀️
that’s the whole crypto world right now
i am shiba [i am shiba ](
just bought 1.4 million and will buy more as long as the math ads up. for me that is simple, buy low ans buy the most and then hold, hold and hold.
that's what 🍻 are for.
hoping it stays low for a few more days. need another 75m.
i bought more 37,000,000 strong
well damn i guess we’re going on a firesale.
lmfao 🤣 all crypto
ha nah, i’ll look a month from now
haha i just bought tons more...sale! hodl baby.
needed that laugh bro lmaooooo🤣🤣🤣🤣🤣
just to put some boring comment amongst them all, remember to only buy what you can afford to lose. we are in an unknown state right now in that we do not know what is next, it may gradually go up a little bit or may not. just be sensible with what you do with your money.
that picture“crew member” from his undercover as an outlaw bike days. great show, even better season
wondering when is it going to the moon
elon needs to shut up man he’s out for himself and people needs to realize that one man don’t make an army 😡
no stress i do not trip. i just buy the dip!
shit i got out of ctrm thank god thats a sinking ship bougt shib at its low and im still up so fuck yeah baby buy the dips and hold for the long run
yeah, i remember devs saying shibaswap was coming out...
will purchase more if it goes below 0.00001 before it follow other coins to north...
look if you’re going to complain every time there’s a dip then you shouldn’t buy crypto. you put in what you can afford to loose and looking at it every day isn’t going to help you. put it in and let it go. it’s for long term. you’re not going to become millionaire in a day. only look if you’re going to buy. crypto takes patience. if you can’t handle it then sell and get out.
will be the most popular crypto currency!🚀
snap back to reality. you're broke ass mofo, with no job believing you can become a millioner by buying a meme coin.
we must do a collective boycott against elon musk so that the actions of tesla and spacex go to hell so that he learns not to mess with the crypto community.
shib holder's punching the air... me too#
great exchange to buy and hold shiba and akita this is not financial advice (kyc verification problems with usa and canada)
boycott tesla and buy all of the dips!!!
nah bought more today
i feel you. but it’s gonna pay off in the end.
everything is in the shitter tonight lol
you were my first comment. here’s a award!
bought at xxx1715 yest, saw it dipped to xxx1415 today and bought the same amt again. now xxx1335. really deep dip. if did not buy earlier and buy it now will have a feast.
long term is the only option. 💥🚀
i stopped looking. not good for my mental health.
15 usd can buy you over a million!
i know the feels...
stay high bro ...
dabs help thru the dips
right on the money
lol yea. everything is taking a beating. but shiba is staying flat, and really that is a good sign
the way out is in🔮
...it never was. 👩‍🚀🔫
🚀my tits are jacked🚀
clitorus is erect !!
nah you’re not. my whole tax return is going to this shit and we will see who is laughing in 5 years. i’m spending like 2grand on the off chance that i might retire at 30. probably won’t happen but if i did this with doge like i briefly thought about in 2016 then i would be a rich man today.
not at all, my man. im loving these dips.
i just hit the 50 million club about 10 minutes ago. feels fucking great!
forgot, and buy more!!
me too just got 30 more! one more buy just to round me up to an even 201mil. looking forward to just sitting an waiting! jk ill keep buying lol
bought 2 million shibas here! 🚀🚀🚀
you did your best.
yes. that is what i use
hell yeah i just got over 200mil hope it stays cheap for a couple days. my bank account might not but eventually it will love me!
upvote if 't be true thee hath bought the dip (and the dip after) *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
well this is just nuts. bought another 50m
i bought at 1222 as i saw that because we won’t be seeing these prices again in the foreseeable future 😂
just help parents. you'll gain dozens of friends you never knew you had. then one magical day you'll be broke as shit.
this. so much of this.
i'd just like to make 150k. lol i'll be gone if i can make that... wonder how many shiba i'll need to realistically get that price.
can i have some
i threw in like . got 2.425million shib. just gunna forget about it until it hits where doge in. i'll take some small profits and leave the rest in to forget about again for even longer.
i has't ceased looking at mine own chinks holder. i check once a day at which hour i wake up in the morn *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
this is (also) the way.
scared money don’t make money. i have a lot of faith in shiba. india needs it to do well. so that’s worth buying more. many others feel the same.
my holdings went up 90%... lol
everything is in the red. it’ll bounce back!
i went from 10m yesterday to 100m this morning. feels great!!
elon... china... who knows. keep buying!!
i hath decided to buyeth in while t wast dipping. t hath kept dipping *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
that’s what i like to hear 🚀
your a boss… boss whale 🐳
isn’t crypto a beautiful thing.
so btc & eth are shitcoins? cause they also took a massive hit in the last 24 hours...
i enjoyed the meme though to be fair 😁
besides the entire market is down so paper hands will just leave. kek
sold my knc, i got 80m shib
**all i neeeeeddddd, 10 cents is.** *-ifikiedem* *** ^(commands: 'opt out', 'delete')
i just put . this price is an absolute steal.
elon is a huge supporter of doge because he owns almost 30% of the whole coin. literally the only reason
**staked anyway 🤷🏼‍♀️, my coins are.** *-majesticmama2* *** ^(commands: 'opt out', 'delete')
buy tesla. buy dips. got it.
fuck this shit tho... iam going to buy more and more and continue to fucking hold! fuck btc and fuck elon. iam not fucking give up!
matic is increasing like crazy every now and then...but at the moment i can’t afford to buy matic in large amt... only shib can make me rich lol
a week from now everyone will be posting about lambo’s and being a millionaire. once btc finds it’s bottom this ship is going to take off
my amc stock will counterbalance it...right? ...right...?
celr taking off right as i had paperhands :(
yup! just moved over half a billion during this dip
how does that make any difference whatsoever? you and the 20 people that liked this are retards.
how’s it staying flat? it’s almost deflationary at this rate! lolol
flat? down 38% you call that flat?
the only way out is through
hold on to them until they are ready to turn into rockets.
same. i made a few thousand on doge but had i bought it and bitcoin when i first considered it i would be a billionaire. not making the mistake again. worth it even if i lose it all.
i’m addicted. if it drops below 12 i might have to take a loan out.
oh i'm still gonna hole it down till the wheels fall off...
i've been fighting with getting address verified for weeks. really been missing out on all this. got . now i cannot get it out without losing most of it to miner fees and ether transfer fees :(
my heart knows you’re right bro 🚀🙌🏻
i mean close friends.
tell me about i think some one is scared... the shiba takes over everything hahahaha.
dip was expected. but now we against hedge fund dick heads and wall street. we shall overcome. 🚀
bra remember few days ago it was - 48%
today we hold so hard - 23%
shakespeare strikes again ⚡️
absolutely tripled up 2 days ago and now its in the crapper. no reason to sell!! only one way to go 🆙️
i was able to score a decent amount of eth tho. all good, i did not invest money that i will need anytime soon.
with all due respect you should do some research, doge, moon, shib, space, cowboy, rocket, all these type of coins are shitcoins, look up the term.
the guy is the second richest person in the world. doge is nothing to him. he made it what it is today. he supports it. he made alot of ppl money off it. can you prove he owns 30% of it? i dont think he does. doge has been around for along time. whos not to say an exhange owns it or someone else. the guy has multiple successful business going on all at once. only reason uh?
same here man, fuck elon.
why the hate for elon? im confuse. anyways still holding everyone, bought 10 mil more on dips. im not giving up
still buying the btc still holding the btc. btc is my foundation of crypto investments... well btc and one other coin making some interesting "under the radar" moves this year... excited to see its plans for the next 4 months ^_^.
i hope you're broadening your portfolio? don't put all your money on just one horse, if you're gonna do it.
this was not elon, this drop is much bigger than elon.
thank him for this thiscount.
i agree with fuck elongated musky dick! hahaha 😂
i agree with fuck elongated musky dl€k! hahaha 😂
i agree fuck elongated musky dl€k
a fool and his money will soon be departed.
elon definitely crashed the entire crypto and stock market himself there is no other possible explanation
it’ll be like that tomorrow.
exactly. billionaires are not going to shake me out. no matter how hard they f****** try.
dude you rreally believe that? 🤣👍
your stocks part of the reason for it lol. once it is over, there will be some deals to be had in crypto, unfortunate that we are seeing how manipulated everything is though
what are you talking about? he wants to buy the dip, i told him you can with just 15 dollars (as that’s the minimum on binance). what’s retarded about that? who hurt you?
mr. dna can explain everything.
because each coin or token has it place in doing different things. and projects to further it ability to work as a use case.
the eflatuoat of the confirmed deflation of the double back and transfer.
i’m also quite addicted. here’s hoping we aren’t suckers
do it. you can pay the bank back in lambos 🚀🌑
sell your kidney to buy shiba. i'm an expert.
my issue was the exact same, except the amount...i'm pretty sure i watched videos on it before doing it and this guy used coinbase to exchange...whatever you choose to convert on coinbase wallet will come with like almost ...crypto.com does not charge anything...you just need a bank that will allow you to make external transfers, then it will take about three days for your funds to be ready on crypto.com. only a certain list of banks will allow external transfers. you can google the list. look up "how to fund crypto.com" and there is a perfect instructional video. the guy in video uses chase.
the instructional video can be found on youtube
we’ll meet up one day at a lambo dealership. either “just looking” or “buyin” haha.
watch those even more.
i don’t need to prove it’s one google search away and he is still behind his phone crashing crypto whenever he wants with one tweet and elon’s a good guy?. cmon now
this is the mothafuckin way !
no reason to fuck elon, simply shows how vulnerable it is if one (rich) man can plummit the whole shabang.
same man here elon, fuck.
a month ago he was all about btc now he’s contradicting that statement.
bought loads of crypto, told everyone his company accepts crypto, sold crypto when it went up, shit on it after and it went down. he's got an issue with the energy consumption of crypto, but no issue with slave labour mining cobalt.
before his 180' into bitcoin, he bashed it every chance he got, sadly it is like everyone forgot this fact, elon musk is a grifter, even the co-founder of dogecoin has said this, here's something for you, elons new 180' turn on bitcoin came days before china announced its views on bitcoin, remember elon has a factory in china, elon musk only gives a f**k about himself and people need to see him for who he really is
bought 2 mil on the dip as well. it's what i had lying around in binance
he talk to much and he shouldn’t be able to make crypto move like his puppet
ohh so funny ho ho ho... your sarcasm won’t help here so stop spamming. lots of investors scared from this situation and doesn’t understand that this is normal. this is not the first time that it happened and definitely not the last. dont like my comment? move on.
the amount of tokens you can get for , and i am assuming the fact that you can get millions for . i'm glad shiba is down 80% from ath.
no shiba has no function… its just like crypto kitties. in a while, everybody will sell. with 1 trillion coins you have 0 chance to grow. look how many people are buying. vitali sold 10% of all shiba inu to india. we got fucked till they have sold every single shiba…
news about china cracking down on crypto
this was by far the best description i've received in weeks on this problem, and i've been searching hard. i'm fine if i place a bet and lose money but this is quite literally just throwing money down the drain and watching it get wastes. solidifying this feeling of loss will definitely make me more cautious going forward. i use chase and wells so i think i'd be fine. thank you so much for your response. might as well bite the bullet and try to transfer it out somehow.
one google search away? lol sure. yeah the guy has done nothing for our society. do you even know what other ventures he has going on? you know global internet for all, under ground tunnels for traffic, space x. the market is gonna go back up. he is working on improving dogecoin. phone crashing crypto lol there is also other factors that play into it you know like china. hey man you wanna blame someone go ahead. he didnt force you to invest your money.
shows how vulnerable all these first time investors are. if i got upset every time a news anchor or ceo or anyone made my stocks dip, i would always be mad. chill out and grow up!
you do realise this dip is because of china right?
it was not just one man tho... it was an entire country that holds half if the world's trading hostage cause everyone does their shit there... by announcing that their financial institutions would not trade in crypto, china made the price plummet.
which is in turn rather interesting, since china is preparing to launch cryptoyuan by 2022-2023. maybe this is the strategy to position the c-yuan as the coin of choice to deal with them...
he is smart pulled out his money and run
it’s not one man it’s the influence of 1000s of people
here same man fuck, elon.
he’s autistic what do you expect
elon has inside information and im sure he knew this china info was coming. im sure he tried to warn people of what was coming. elon is our modern da vinci and like to encrypt our crypto info
it's not just him, china is taking a stance against crypto because they do not like what they cannot control and a big pourcentage of crypto exchange was being done in china. it will eventually go back up, this is only a set back.
i see your argument. but like, it takes a metric fuck load of power just to mine a single bitcoin. that's pretty insane
shit, he does not have an issue with the electrical, rare earth metal, and plastic. does charging a tesla take less electricity than mining on an asic? no. billionaire manipulating the markets in his favor probably.
alright lol like fuck go hang is ass idk what yall want. more bitcoin and the exponential increase of green house gas emissions? lynch him publicly? 95% of the people bitching about elon are mad because they lost too much than they were willing to risk losing. people have been saying this shit for years how volatile the crypto market is. it's right around the time where we see the pattern dip only more severe because of a combination of catalytic events. placing the blame solely on elon seems a little biased.
he has probably made a lot more good decisions than the rest of us tho... be real.
shibarmy still holding it down
he's not the only reason this is happening.
if he wants to be part of something and partake in buying the “dip” then it’ll be 15 dollars lmao. thats all there is to the comment. why do you care anyways?
i said we've been bamboozled. from the beginning. rugs.
invest only in what you can afford to lose. please don’t loan your money :(
i know i'm ready to wake up so i can get some jobs done for more shibbies! get 'em while there 🔥!
just transfer funds from your credit card,no problem
oh yeah for sure. you can go into your chase mobile app like the guy on the video and just go to manage external accounts. add the bank info from crypto.com that it gives you when you go to "ach transfers" under the crypto.com transfer option. takes a couple days to verify. they'll send a small test deposit then when it is verified, you can deposit whatever. that'll take like 2-3 days
i’m not new to this bro i been in crypto since 2015 and you know he’s moving the market by tweeting dumb shit. he used to say good things bout crypto but after this doge coin pump it’s been weird
true, i just wiggle and jiggle on the rhythm of these crypto charts. about the moon, no reason for me to go there. i prefer the oceans, the beaches, the forests and my garden here on earth... sip on a cocktail when your project you invested in isn’t dead. enjoying the sun myself
grow up lol 😂 you’re dumb
what’s growing up have to do with anything? that’s called insider trading! didn’t they go after wall street bets for this?
i’m just sitting in a rockin chair watching telly
no they don’t because they are elongated musky dick riders! 😭😭
nope. it was fake news from 3-4 years ago recirculated again by some a-hole and people believed it and here we are. china did not ban anything and thus did nothing to prices. it was the people who did not check if the "news" was genuine before they reacted.
we were supposed to be one big autistic family god damn it 😭
lmfaoo modern da vinci my ass, btc emits faaar less emissions than the traditional financial sector as a whole. why would he endorse doge, a derivative of btc, if thats the case?? hes trying to manipulate the market and bend crypto in the direction that he sees fit.
why talk about china when the u.s. laughed at crypto when it first cake out thought it was a joke then tried to regulate it in every way possible like now and saw they still came up short cause they couldn’t figure out a way to do so now they said if we can’t beat em join em and you see usdt crypto all over the place and then they still wasn’t satisfied so they started filing lawsuits against crypto platforms like they own them which america thought that would slow down crypto which it didn’t just made them flinch, then america started publicly announcing that they was coming down hard on crypto and the market flinched a little and america still wasn’t satisfied so now they feel that crypto had made to many millionaires and will cause inflation so now america is trying to shut it down by deterring americans from buying it by trying to get a 43% capital gain tax bill passed which is bs man 😡
good! fuck china!, i hope they just outright ban crypto and the mning of it... that will be more for the rest of us, and 1 less pos country trying to manipulate it. once the us gov get ahold of crypto, its over, they fuck up everything they touch. everything
china is priming the country to use their own digital yuan . thus banning all other cryptos. they will still have the privileged bypassing the rules and buying the dip... and also buying. the threat of reg folk there doing prison time is real ... the dig yuan will also add more tracking and control of their population... pretty scary... at the same time they will try to break the spirit of crypto for the rest of us . just a hunch. im just a nobody.
exactly, that is why i bought more when everything dropped... more of a few different tokens. elon has a lot of power with the yuppies 🤔
yeah it is a problem, no doubt about that.
something like the power it takes to process bitcoin in a year is similar to the electrical consumption of norway and a few other countries of relative size? when you look at that compared to the new gen crypto processing it’s easy to see why you’d want to use something faster(to others shunting him) so what if he’s made profit and made it crash? we’re all playing the same game just not to the extent as him because we’re not in the same position? 🥴
how much electricity does it take to charge a tesla? edit: and manufacture or thispose a tesla? what other resource costs to the planet do teslas cost? lithium, gold, copper, silver, carbon, etc. edit 2: and what is that tesla worth 8 years after it was sold? have you seen the diesel-powered trucks that move and thistribute teslas from their shitty factories to the customers? lol.
yes but is up to the country to change how to produce the electricity no the miners. so basically he is complaining about china where most of the bitcoins are been mining but he lives and have factories in the second country that produce more pollution soo... i do not know he is planning something because do not have sense that one month ago he speak really good about cryptos and bitcoins and now is a problem (and probably he sold most of his coins before all the market down) he is just manipulating the people and using them for make profit, he want to keep his position in the top1 of most billionaires.
yep, chia is looking pretty promising right now as an alternative.
i have never solely blamed elon musk, everything i wrote in my text is 100%, i'm also old enough to remember all the bs he has done at the expense of us the consumer, hey i know, why not read the truth about elon musk and how he takes credit for things he truly never believes in, he also treats his employees like fookin garbage, there is proof, and anytime it is mentioned, it is brushed under the rug, so,where was i wrong? the cryptocurrency ecosystem has always been volatile and we have enough problems without elon musk and his bs
ok your right, a man cannot do good at the same time he uses and abuses the power of his words, mainly because some people hang on his words, which in no way affects people buying his companies stock or the cryptocurrency he supports, no a technology engineer cannot do good and bad at the same time just to benefit himself, so i am sorry, i'm not being real enough, sigh
you dont even know me. you dont know how much money i have or how i live and this is not your deal what iam doing with my money. move on...
the point he is trying to make is that this is a hilariously shitty shitcoin. i hope you bought at the all time high
“in a joint statement issued on the people’s bank of china’s wechat account, banking and internet industry associations said that financial and payment institutions should not accept cryptocurrencies as payment or offer services and products related to them”. source: financial times
back when the only way to buy bitcoin was through other ppl. should of been stacking coins then lol he has pumped up doge and he does support cryptocurrency. i think he pulled out from bitcoin bc of berry silbert could be wrong. stole his thunder. hell hopefully in the long run they can make doge an actual form of payment for alot of things. makes more sense than bitcoin with a limited supply. seems to be alot of support from other companies. he is a smart guy he will come up with something. just wait and see. far as shiba vitalik screwed us. he could of played that so much better that would of benefited everyone. now we gotta play catch up. hopefully the shiba swap will get us there. definitely been some crazy times this year. hopefully down the road we look back and laugh at all this when we make alot of money off it. sick of all the powerful greedy rich assholes hoarding all the money and in some ways i feel like they are manipulating cypto for their benefits stealing our money. it's really sketchy how one coin affects them all. especially when its not even on the same blockchain.
bc we as retail “investors” putting our money into a speculative asset, (say what you want, that’s what it is) can’t and shouldn’t complain abt being able to make money and insane amounts of money at that. it’s the wild west for now. buckle up, man up. it is what it is. we can’t stop wall street, how do you expect to control this scenario or any outcome within crypto. so yea, chill out and grow up whoever is complaining abt the dip. price fell bc people are people. could’ve been fucking anything that scared them
the market prices are much more entertaining right now. grab some popcorn and get ready to cry your eyes out
you are wrong man. what does he benefit ? he is eccentric, plain weird and shit. but he ain’t bad. i trust the guy... not all hero’s wear capes. my opinion.
we need to understand ccp is made of many factions. xi is the leader of one of the ccp factions. he is not the prophet nor the king...
it's dipping a lot but it is time to buy more, most people will panic sell but it will eventually go back up. ps: i am a little hdlr but i stand by what i can afford.
i am adding more too, it is back up at the moment.
not bashing you. i feel really bad about most bitcoiners that just recently got into crypto. this is a really bad time lol however, i predict a massive shift in currency trading once bitcoin settles down. hopefully we see some more awesome trading in the coming weeks.
i have a buddy who is a certified mechanic in bmw, volkswagon and a hand full of others. told me that the process it takes to make a battery for something like a tesla does more damage to the environment than vehicles that use gas
you do realize most of the world's energy right now is generated by non renewable energy sources? not a good counter argument at all.
what do you think 95% of other traders have been trying to do on social media? elon is just the one that stuck. i also hate to break this to you, the us nor any other country are at all even remotely interested in improving our technological and energy production capabilities. we'd rather start wars over oil reserves and levey gas prices and energy bills over poverty stricken society so the big boys up top lines their pockets.
chia? like the chia pet? i've always wanted the bob ross set.
i wish we leaned more into solar energy sustainability.
i'm not refuting you at all really. i believe you. im just saying it is kinda weird that so many people are so hell bent on bashing elon when china literally announced trade restrictions with financial businesses. for a country holding a majority of its bitcoin, they really did not need to do what they did. but they did anyway and nobody is even wondering nor thiscussing it.
okay and how much money did you lose good sir?
elon’s fanboy, this is not the way!
what exactly was your response again? i assume you are not agreeing with me? i'm getting a good sense...
bought it at its lowest man sorry hahah, i was patient.
i get you bro he made crypto more mainstream with his millions of followers but he could’ve sold his bitcoin more slowly or idk. hopefully the market goes back up that’s why we here in this community and we all make a bag. i think once shibaswap is out this coin will fly and become more mainstream
you must be one of them weird nerds that defend elon against valid criticism! lol 😂
great tip, i’ll check it out. i love popcorn.
what does he benefit? ever heard of a monopoly? hes not running a charity here. hes running a profit driven corporation. dont be so naive buddy.
well tesla benefitted half a billion dollars from the btc and they wouldnt have made earnings if otherwise
meanwhile his tesla factory emits greenhouse gas ,...
i do not get it soon as it starts rising people panic sale just to make ,000 or , whatever! a big whale will come in and buy millions of shib, that is what i hope anyway lol
and what are teslas running on? same shit as a miner, except a miner does not have as much as an impact as a plastic and metal car with lithium ion batteries that constantly needs to be recharged. you did that calculus and the harm that mining metals and rare earth metals and petro plastics does to the environment too, right? edit: also you did not pick a great argument to use to defend tesla. if most of the planet's energy is non-renewable than wtf get a tesla. may the shibarmy win the battle!
yes is really difficult to change to better electricity source when most of the money is on oil, gas and coil. they are people with lot of power in the world, until they do not change their mind we would not change how we produce electricity. the problem is the human make changes when is too late, we would not change to green policies until the earth is going to start to show hard changes in the climate and of course it is going to be late. really sad but we can only hope in science to improve our technology fast so we can break a little bit the climate change. the other day for example i saw a short video about a big company mining crypto in iceland, because of the temperature they need less electricity for cool down the components and most of the electricity is produced by turbines in lakes so it's a good idea but not all the countries can do that of course
sorry i went off 🥺, i'm usually not like that, i have a feeling china did this to set up their own cryptocurrency, china hates not being able to control cryptocurrency ecosystem, and they have already said the were doing research on their own coin, another reason probably is the fact that india's stance on cryptocurrency has not so much changed but with the virus and then the shib donation, it is evolved, china does not like seeing india or australia doing good
i lost six iq points reading your posts.
please show me on this doll where elon touched you.
not sure if he owns the top wallet but he may have invested alot into it. hey if they can get the technology with dogecoin up to speed might be worthwild.
hes a billionaire ... he already won buddy.
exactly, people are so naive these days 🤦🏽‍♂️
im not going to read your word salad but have you not noticed what tesla has been doing to solve the issue that you're whining about? we all lost money today. be man and handle your shit you heathen.
you're good bro. it's actually nice to have conversations that do not devolve into namecalling or bashing eachother. as for whats going on with china, you are definitely on something with it. i suspected indias big donation did not sit quite right with china and i'm 99% sure elon is at war with both china and almost every single bitcoin holder. it's a sticky situation and the plot is getting deeper and deeper by the day.
and i lost 6 seconds of my life reading your shitposts. run along now stinky pants flanders.
new ath here we come
i predict yes. and because i make my predictions after the fact, i’m often right.
already!!!!!! just got . no drinking at the bar tonight. instead, shib !
is a pigs dick pork?
ask and you shall recieve
we stills hodling right ? am i right ?!
>saw this >checked coinbase i fucking love you guys
let's just moon this mother to a , get my participation lambo and yacht and relax till my end days.
why is it going up?
just got in and i'm up .00 🤑🤑🤑🤑🤑🤑
diamond hands please hodl
i can’t believe this dog. go doggy go!! letsgooo!! to the fukin mooooooooon!!
wonder what the catalyst was
let’s go!! would be nice to end the weekend at .00005
quick, somebody with the funds do 5 different 1 billion shib buys an pull us up.
we did it 🕺🏽
how about kill another zero i actually did my part and bought 16m more🚀let’s go mf’s🔥🔥
it has on crypto.com
it’s done!! let’s go for 40 now
hit damn we are moving now!
well this aged quickly... .oooo4 ?? 🚀🌕
should of said 4 …. 😂😂
that will make your saturday
shiba out running up the block this morning. will he come back down, or run 0.00005 blocks?
.00004 by wednesday. edit: i misspelt midnight!
what has just happen? it pumped! love you shib army
hold on, lemme check my magic eight ball. 🎱
.00004 here we come.
and now it is gotta stay above 0.00003 🙏🤞
🚀🚀🚀🚀🚀🚀 fly me to the moon!!
we will get to more than that as time goes on :) best way is to ride the highs and lows
yes and .00015 next week
we're just getting started. :)
hey my girl just surprised my by give me 16 mil shiba i didn’t now she know how buy crypto , she says she hold it from a few week waiting it to pump , since am always buying crypto and learn more and she just wanna help , what should i give back ? marriage ?
wohooo. let's hold till !
i finally got internet connection because i really wanted to see how much its risen. i'm at a shock and very happy.
what just happened 😳 🤣🤣🤣🤣🤣🤣 🚀🚀🚀
bought another milly too
so it is written, so it shall be done!
is this where we gonna loose couple of zeros? let’s go!
6000 soon then 12000
its gone people pry and pry we break today
good, why is it pumping?
we might hit .00004…lfg!!!🚀🚀🚀
you should ask if we hit above 0.0001 today
gonna grab my baby gonna hold her tight
we came we saw now we know what’s next
by sunday it will be at .00004.
done! to the moon my brothers
will it go more up?😬
yaaaa baby lets go.🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
if we can close the day above 30 that would be so dope. keep raising the floor!
we most definitely will
yeah buddy! ain't nothing to it but to do it!
flew past 300 like it was dust
ask and you shall receive! for i am the shiba genie of the lamp!
come on .000035. you can do eeeet!
fuckin a right rabbit
this fucking aged like fine wine and cheese. 🤌🚀
eat a zero by end of october (if rh lists)?
3x from here and we'll lose another zero.
i bought . i think another .
how do you know confuscious
been there done that now lets shoot for .00004000
more like will we hit .00004 today? lol
more like .00004 maybe
we already there boyyyytt
does the pope protect pedophiles?
kaboom 🚀 stay convicted
am i the only one who’s a bit nervous watching it climb?????
only .006594 more before i think about selling.
yeah so. wake me up when we go over 4
just bought some more to show my support, let us goooooo. i am glad to be in this community. :)
and now it .000033 ish
hopefully the majority will hodl and there won’t be any fail whales.
hell to the yes let us fucking goooooooo
hodl and we can reach 50
jesus is at 35 !!!!
damn, i wonder how high it’s going to go when robin hood lists it?
i converted my btc last night to shib. got lucky on this one
buying apes! let’s fackin gooooo 💎🙌🏼🚀🚀🚀🚀
it's now or never come, hold shib tight be shib tonight tomorrow will be too late 😂
we have finally formed the handle on giant cup&handle formation on 6 month chart!
to the fackin’ moon boys! lfg!
look at us now
the real question is if we’re going to .000036 today. huge break out if so
will we stay above .00003 today?!!!
yes and whales are selling
it’s funny you said that…
quick op ask if well hit 001 today ... :p
3467 at 11:06am pst
we fuckin did bro
sho nuff. woof woof
haha famn too bad i could have got a doughnut with my coffee if i waited one more hour hahaha
why did binance burn tokens today?
i love this dog
do not lose your faith we will get there eventually
i think so bro
yes, yes we will 🙃
yup! let's keep that mf momentum going!
just did baby! hodl the line!!!!
i loved but anyone know why?
ath and way beyond we are loading up the rockets 🚀 😎 anddddd we are to theeee mooooooonnnn lol
wow, just checked, this is crazy day. hope it goes higher and stays
hodl! 💎 👐 🚀 🚀 🚀
what just happened guys
by monday it will be close to 0.00004...i can feel it in my bones
jesus christ i woke up today with $$$!
i hate to push the replies above the 420 mark but…
now just... hold the horses!
was gonna but last night but made the mistake of waiting. still worth to buy or wait till a little dip?
hold and buy shibarmy 💎🐾🚀
i’m from the future. yes
we need to cross 0.000040 (previous ath) 👍🏼🚀
well shit... guess my limit orders at 25 & 26 am not ever gonna get filled.
yes we can and yes we did. the real question, can we hold above it? c’mon no paper hands! hold to one cent!!! 🚀🚀🚀
we are looking good. our hodling and buying is paying off.
.00005 by 0400 mtn time.
don't get too excited. big pop will come when it finally gets on robinhood and binance.
bro, trust me bro.
no we go back down to 0
does coinbase lag investing.com? just kinda noticed something
only if ifff. ‘f word papers hands want it
yes. as predicted pennant formation sets up for spike
what just made this jump suddenly?
almost at ath! let's go!!!!
i see the moon near!🙌🚀🙌
even a stop watch is right twice a day
ben there did that , i’m shooting for for dropping a “0” anything will be undeveloped ❤️‍🔥
kill a zero is the plan
check that off your list ✅🚀🚀
the real ath is on the app you have bought into
we're at .000033 today. life is good
please someone post: "we will hit .01 someday" and maybe we will hit it the same day1🚀🚀🚀🚀🚀
is that another baby flag after we just jumped from the monthly one!!???? 😂💪 hang on folks, it’s gonna fun!
i heard something about 0,25€ trust me bra
yes we did! holding 100 million at .000026 rock on little doggie!
no. how ‘bout 3372?
yes 💵 yes💵 😭💵 yes! shib
where can i buy in germany coinbase is on an endless fucking id verification loop. im foaming at the mouth
drop 2 zeros plz.
done ! thank me later
*looks at chart* i suspect we might
of course it was going to hit above that .00003 , we do not say to the moon for nothing d;
highly unlikely but most likely f%%
got your answer i guess.
i got the over, any takers the under? 🥸
sounds like a yes there, op
this aged like milk…. in a good way.
hell yeah shiba now 0,000037$
do you guys think it will dip?
dont thank me now
millionaire's will sell and we will be a support of 3200-3400
my new post going to be "will we hit above 0.00004000 today?"
hang on, ‘cause it’s closing in on .00004!
shib is absolutely slapping ass.
you were right! now, can we loose two zeros?
i’m going with yes we will. haha
been above 0.00005000 in australia 🇦🇺
almost passed .00004 by now
a biiiit more than that…
we’re way paaast that!! bye!!
in aud it’s 0.00005307 loving how this is going. and can proudly say i haven’t sold a single coin since my first purchase 🙌
if you want to make it feel like more check it on an australian graph
wow! how things change in such short time!!! price now at .00004203 unfreakingreal!
i'm thinking over .00005
hahahahahahahahah haahhahahahahah smashing to a penny every week hahahahaha
lets eat another 0 today!
in for another 36 million shiba. don't let me down...
the very second that i hit the buy button and dropped another . for god's sakes.
i'm retarded & not good at math. can someone tell me what number it would have to reach to lose another zero? is it 000039?
wait what is the current ath?
okay i am a noob what does ath mean?
it has to peak above .00004 to break that record
we made it!!! 🙏🙌
moon here we come 🚀🚀🌕🌕🌕🌕
fingers crossed that it stays that way.
oh god! we are really doing this
what happened to cause this?
that’s big brain energy
you’ll thank yourself 5 years from now for choosing shib over bar tonight. mark my comment and see you in 5 years.
the other white meat
i think it is just a start ☺️
awww yeaaa! you'll by up way more than that before you know it!
it broke out of a wedge pattern
i can if someone sends me the funds
it’s already gone up which is great but i don’t think the amount you said is anywhere near enough to raise it largely by itself.
3402 just now it just keeps going up
3380 and every time i refresh it keeps going up
repeat after me: shib will never hit . it’s not designed to hit . it cannot possibly hit . that would make it bigger than every thing else in the world of any monetary value at all put together. dream big but don’t be stupid.
god certainly exists. elon in no saint.
it’s all good. brings all that coin back into the diamond hands my friend. it’s all part of the plan 😎
bro it’s been on binance
if you are serious it would need to go past .000099
kucoin is still cheap. 3450 24 hr ath.
**ath (french pronunciation: ​[at]; dutch: aat, dutch pronunciation: [aːt] (listen); picard: ât; walloon: ate) is a city and municipality of wallonia located in the province of hainaut, belgium. the municipality consists of the following thistricts: arbre, ath, bouvignies, ghislenghien, gibecq, houtaing, irchonwelz, isières, lanquesaint, ligne, maffle, mainvault, meslin-l'évêque, moulbaix, ormeignies, ostiches, rebaix, villers-notre-dame, and villers-saint-amand.** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(delete)]( ^() [^(report)]( ^() [^(github)](
sure… just like all the failed launches
binance burned 900m shiba
big smooth brain energy.
i don’t know how to mark but i will remember you in 5
"the best rind you've ever had" ^tm
you meant pink meat...
its been on the binance banner for a little bit now!!! i will take the pop whatever caused it
alot of people said doge should and will never make it to .01. sadly i was one of those people lol
it is on binance us but not anywhere else.
i thought it was 3880
ooh shit i bought it six month ago on binance no idea what price lmao
ahhhh but of course ! thank you kind sir
i used to be all time high, but its three years that im clean...
who pissed in your cheerios?
i will be messaging you in 5 years on [**2026-10-23 23:36:48 utc**]( to remind you of [**this link**]( [**2 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
weenie in organic form
we need to keep buying and put doge to shame
it would be beneficial for all! but especially me 🤣
there weren’t a quadrillion doge though. and .01 is still literally just 1% of the dollar this guy is hoping for.
what comes after 39? why would 40 take out a zero?
webeull showing 52 week high 3540 🤷‍♂️
the true ath hit .0000504001 on 5-9-2021 source bitmart
you're correct for the ath ☑️ for todays ath yes 35.
maybe you bought at the beginning of the month of may or after the ath. i hope you did not fomo in at the ath.
9 months for me, 4 years if you don’t count weed
it is athlanta if you’re mike tyson…...
that would be atl lol
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nooo i still have doge
listen stupid dude, shib is not a quadrillion since the beginning. learn about exponential value increase. lagrange.
you've opened my eyes. it would have to be .00009!
coinbase is showing 3880. someone is lying.
i bought on the day it was released on binance. i did not buy any more after that.
it was a bo burnham reference lol i am well aware
trade it for shib
fine. they burned less than half of them. that’s still not enough for shib to ever hit a dollar. i have a bunch of shib. i sure hope it continues to grow just like the rest of you. i think if i give it enough time, i’ll make a really nice roi. but a dollar? y’all really think all of us are gonna be hundred-millionaires? not a fucking chance.
yeah, so once it hit 100 it would jump up to next 0.
coinbase and crypto.com show 3880 as the ath so i think we should go with that. if we break 4000 we might see a huge jump.
i bought at 3880…
shiba inu all-time high is .000038. this ath was reached on may 10th 2021
oh lol i'm not sure who that is my bad
it’s stuck in robinhood; i’m waiting for it to open up crypto soon
let’s do it!! make it the new goal! shib army, let’s roll!!!!!!!!!
why you guyth alwayth gotta pick on poor mike tython?
yeah with all the different ones i'd say just 3800 we can say is an all time high. just hit 3706...
let’s have a 500k party!!!! every holder buys 500k of tokens 😄
thanks for the upvotes 🤙 feel free to copy and share the image around the web.
next goal 1 million
now it’s time to go for the one million mark!!! we will get there soon if we all keep doing our part!
oh yeah baby, let us f\*\*\*ing go!! 🚀 shibarmy, stay strong! 💪
it was 140k 2 weeks ago. pretty neat.
let the celebration begin, byo shib. i bought 3 million. for those that can’t join the party today.
compare it with doge :d it is about 1?
when shib hits 1¢ party scene like the great gatsby!
we grow stronger by the day 💪🏽❤️
nice one, good effort all!
bought 16 million last night , i think that should cover me !
got 42mil...should get to 100mil this coming week
army grows and getting stronger
i am thinking to buy more in this night...i have more than 91m shiba inu 🦮✌️👍😉🚀
500k is the floor! ups 😬 wrong reddit😂
shillin' all over the worrrldddd
in all honesty i think across all of the social media accounts everything needs to be cleaned up properly
❤️❤️❤️ party on my yacht
awesome you all!! buying 500 mill more in honor of this. do your part and buy as a celebration for where we are.
each one of them should buy 500.000 tokens.
the question mark is what is the total amount being hold by small investors like us and how much are being hold by big fucking whales. if whales are having control on the buy- side and sell-side even if we do not sell unfortunately they are the one to move the market rather you like it or not. 👀
i bought 500k, 28 times
bruh its 15 dollar
we are the greatest army on earth. i love you guys shib to the fuckin moon 🚀🌙
wow! how many comments can you delete on a single thread. i bet i’m next. this coin is absolute trash! 500k people officially being ripped off. congratulations
listen we know what this is right? shib is for those who lost out on doge. so lets pump 🚀🚀🚀it and go back to doge already
nothings going anywhere but in someones paperhand pockets!!!!!!!!😡😡😡
happy fathers day everyone. love you dad. even though your a pain in the butt sometimes lol.
we all gonna die...
i just mined 600k in shiba token rewards
just my two desktop computers. together they mine 700k shiba a day.
and i'm one of them😜🤑
bought more on the dip!!!
so anyone who spent ? 🤣🤣
that's my shibaarmy family 💪🏼💪🏼💪🏼💪🏼💪🏼😎
13mil ... mine forever
who all sold during the great dip of 2020 like a idiot?
n i’m so happy i gotttt in at 68000
why so many deleted comments? haters and fud?
boom bought 5 mil instead
nicee! i bought 7 million more!
boom! at some time in the night. we hit the half mil milestone. perfect timing just before shiba swap! 😜😃😜
[if i'm going to buy 500k coins...](
why not bought another cool million! 🚀🚀
i'm holding on to 1.9million
should we this every day :) that will be cool every day at 10 in the morning guys ? what do you think?
hodling is great 😊 but when we can see it growing
u guys are delusional lmao
and the price still falls thanks to the horrible ass devs. oh wait that’s right they are already on prosbbly their 5th new coin. that magic 6 month audit don’t worry guys it’s coming! just line up and buy bone now that’s how you make our shib become worth more just buy another token guys! there’s a reason the dev still is unknown and hasn’t done a live stream when every token now has doxxed owners. we know these spaniards like their naps in the day but god damn i think they sleep and think about this more then they do when they are awake. but it’s ok right bitcoin was worth a nickel “back in the day “…. you guys sound like some old ass retired guy talking about i remember when gold was a much as a sack o taters back in my day. well good i’m happy for your “days” but shits not that way anymore is it? “well this here shined up turd is gonna be worth a million bucks one day cleetus you saw what happened when they found that there shiny gold and then diamonds they wasn’t worth nothin and now look how much they a chargin so you just hold that bag of shined up turds you will be rich in 10 years betcha britches!”
lets say 500b 👀
i'm 35k shy of 500, can i still come??!!
that sounds like a plan.
500k?!?!? those are rookie numbers...already bought another 50 million!
bought 5mil. creeping up on that 100 mil mark baby!
where did you find out that there are 500k holders?
this coin is word of mouth marketing atm
holding 200 million. keep adding and you will be there in no time.
just imagine what attention it will bring when shibaswap comes out!
same here - 42,042,069. goal is 1b+.
i think we’re at 600k now, how’s up every week lol
these post are the worst. numbers never stop this sub every sec someone showing wallet or talking bout how much coins they have
we have a fudder left over, can we carry him back to his moms basement please ✋🏻
if you don’t believe in the coin, then why are you on the shib army site bashing others? i don’t get the logic, move along.
my massive profits thisagree, but keep fuding along.
oh you did? how many miners ya got running over there buddy!???
nah, most of that is the fud attacks i’m guessing. they come out in droves to talk shit and try to make other feel like shit for their investment choices. some people just have nothing better to do because they’re so miserable and unhappy.
with all that time wasted typing this and being bitter, why not let the fools burn their money? it’s not your money, why the need to waste time, effort, day when you’re not likely to change the minds of the heavily invested?
ahh, get in here buddy!
for reals i have 200m
absolutely! it’s a grass roots effort that will bring this coin to the top!
i hope it wont come out tomorrow i want to invest one last time tomorrow and then hold
i think it’s a lot of people from doge who need those funds from shiba to go back to doge so it increases as a lot of people bought at ath.
lets not and "still" say we didnt... further more, i wouldn't mention this to anyone...
lol it will be a few more weeks yet, still in the audit stage with certik
well bless your heart...
is certik a guy or a company?
certik is the major company that audits all the coins before they launch
i can smell your halitosis from here. makes a stupid ass comment then gets mad when gets called out for said retarded ass comment and then just spews shit multiple times after that. got it!
lol and delusional. don’t even know the guy i just scrolled by and saw you getting mad as fuck because you lack basic reading comprehension lmfao
i don’t know which is worse…. your lack of vocabulary or your lack of dental hygiene 🪥
i hope shiba gets on bigger platforms as well. props if robinhood wants shib for sure. i wouldn't mind coinbase and voyager. just not a fan of robbinghood.
robin hood’s a lock, they’re going public they’ll want that shib revenue and volume on the books. let’s gooooo... can’t ignore that shib has just as many unique wallets as tether and wrapped eth in the past 48 hours... the #’s don’t lie... hodl hodl buy buy dips... dollar cost avg... not financial advice just what i believe... elon loves shib
still wouldn’t use robinhood. they’re scam artists and won’t let you sell when you want to. will be happy if it makes it onto robinhood to up the price but wouldn’t ever trade on robinhood again.
robinhood is a joke, you do not want them holding your crypto. they will fuck you everyway they can.
whether you like robinhood or not this will be good for shiba , the more people that buy the better for us 🤘🤘🙌🙌
you should get it on coinbase!!! or voyager
the same robinhood that tried to fuck people over because it didnt impress their masters? nah
fuck robinhood, lets get it on coinbase
i want the shib army to all make money but i will not support that lying, two faced, fraud côck sucker vlad .not a chance in hell.
let’s hope, yes turn however you want with the 5 trillion to india, but damn it is holding us down. 5 trillion is going to take a good while to eat and as the market grows back up a s we are sitting here, folks looking to make a quick buck will lose interest and so on and with that more dips. we need this to get through the sale of that 5 trillion or we are going to be where we are for a long damn time
nobody cares about your opinion of rh. if you are criticizing it you probably used it maybe even started your investing career there. that said its not my flavor but it is for many others who would be very interested in the shib so let’s just put our energy on what will benefit the value of the coin so save your negativity for another group. i think its a great idea.
the problem with robinhood that doge had was that its really not a wallet. so when we are going to need to use our shiba because businesses are starting to accept shiba payments, we would not be able to. unless ofcourse, robinhood changes that. and robinhood really limited people from buying doge when it was getting good momentum. i know, because i started with robinhood and encountered this problems.
where do i sign?
this is the link :
sure i want it to go on robinhood...but do not ask me to buy from them. they're shady as shit. imagine shib climbing to a penny...and robinhood locks you out.
signed with a bitty extra. 3 dollars ain’t nothing peeps. robinhood sucks overall but the market there is legit still so getting this online will definitely improve cap
signed!! shibarmy strong!! let’s go!!!!
to the moon 🚀🚀🚀🚀🚀🤑🤑🤑
in robinhood’s defense, they locked me out of my account in 2019 for 2 years and it caused me to hodl my , letting me finally cash out . js 🤷‍♂️
kill robinhood. rather have this on coinbase...
i personally don’t want robinhood to list our precious shib. edit - they robin-the- hood. they should be robin-for the- hood.
i’ve gone to robinhood support on my phone and sent a customer message to them repeatedly to add shiba inu!!
"buying crypto on rh literally defeats the purpose of crypto." -my brain ps i still signed. 🔥 🚀 🌙
sign it, share it! we are close to the goal of 10,000 signatures. this would be huge!
signed! boom. let's go indeed 💥💥💥
robin hood will rob you!
i do not think anyone should be using robinhood for anything... has everyone forgot about the last 5 months?
i mean it is granted it will reach the goal, but will it actually do something? cant robinhood just be like "nah"?
make the link work
how do you sign???
look at it this way, when emotions run high and you want to sell your shares, robinhood steps in with a “maintenance break” that allows you to cool down and continue to hodl... 😂😂 oh, and i signed.
you don’t have to like robinhood to be okay with the people who do like it buying their shib on it. making shib available to all is the shib way.
robinhood hood may be trash, but the exposure will be great for us who actually own shib!
i'm with everyone else. robinhood is not what i consider a great brokerage company. but!!! because it is still a used platform for purchasing stocks and coins. they would bring availability to a lot more people to this coin for purchasing.
fuck robinhood...that is all
it needs to be on coinbase
no rh, go for coinbase instead. rh will screw you hard
robinhood sucks. you cant cash out your coins.
buy buy buy, great price right now, to the moon!!!!🚀🚀🚀🚀
don’t forget abouta akita
let’s create shiba v2
just sign it ! more ppl the better ! just don’t use robinhood to buy it lol
while we’re at it, let’s petition robinhood to give their customers access to their actual coins!!
i just signed, i had my money on robinhood but took it all out after locking my account when gamestop ocurred. then doge. many people in the app, shib will benefit. it is trash though.
guys. i'm an ape from the gamestop saga. get out of robinhood. they blocked 2 times the trading of gme and doge.
rh - scum of the earth
fuk robinhood. why do people still use that garbage???
signed and chipped in! to the moon!
buy hold buy hold more buy and hold
up up shiba 🔥🔥
it should be listed and take it to the moon
doge killer????? only one shiba 2021
shib is just another wannabe, the whole i missed out on bitcoin, then i missed out on ethereum, then i missed out on doge... now i do not want to miss out on shib... there will always be more crypto... keep doge alive and moving, then shib will be worth it,
don't use robinhood ffs.
what if people transferred their shib to a different wallet after buying from robin hood? i don’t know much about this robbinghood though so i wonder if there is any benefits to using it.
maybe we need to agree on influencing robbinghood users to migrate elsewhere if they are really that bad.
holding to the end of time!!!!!!!!!!!!!!!!!
i know some may hate rh...but guess what...they worked during this dip. can't say the same for crypto.com or binance.
upvote this is our best bet to inspire confidence , increasing value and buying going forward.
wanna see it on revolut, they have barely any coins and it’s so accessible to newbies too and ofc it’s not a proper crypto app but it’s how i started with crypto and i hope the same for others if they see shiba on there
shiba on robinhood, its a go !!!
no robin hood please the hedgers will fuck us again
live up to your name
we need shiba every damn where!
robinhood might add it without trading it like xrp at the least . let’s shoot our shot “shiba to 🚀 the hood (robinhood)”
is it just me or is every crypto today following the exact graph as btc ?? look at everyone they all dip and rise at the exact same time
lets go brother cross post this
full meme tomorrow. included let us go to moon
i sent this to my sister
this petition is almost at 75k!
link in comments so its easier to click
see my other post on this. 🚫rh
and add a goddamned wallet rh!!!
robbinghood. you sir, get and award.
coinbase will never happen. they're so far in the financial hole after the botched ipo and bitcoin seriously correcting atm. i would use literally any other exchange if i could in new york state.
coinbase just had to issue bonds. after thisaster ipo they are not in good shape.
that’s factsss🔥robinhood def wants us. it’s only a matter of time. let’s go🤞🏽🤞🏽
not to mention you don’t actually own crypto bought on robinhood.
i do not want them holding mine but i do want them selling shib wholesale to people who do not mind using them.
that’s where majority of new people go to buy crypto. there or coinbase. robin hood is flashy with they’re graph it lures them in. i bet half of doge holders are on robinhood i cashed out doge at .08 a few mo this ago just to get my money off they’re app lost out on some money but feel better not dealing with convenient maintenance when it’s rising and the internet issues when it’s being sold.
you do not have to. don't give him a dime. let other people do what they want to with theirs.
fingers crossed and belief in this community to hold together and more 🔥🤞🏽let’s go
oh all the patience in the world, one of the first here, better tell the others saying wen lambo when we over a year into this trying to get over trash vb’s bs and the india dump
^^^this. it’ll benefit shiba so much fr fr
right? so many cry babies in the crypto world 🤦🏾‍♂️
those are the downsides... and no staking. the upside is it is a duckton of market exposure for people that just want it as a purely speculative asset
yessir. i have all the faith in this community
we need that 🔥😤let’s goo
i did the same. hopefully it works!
signed and added the bitty extra.
😂 the other reason i got shib was for the very reason i missed out on doge and bitcoin. there’s no way to get millions of those anymore. why is it wrong to try again with a new coin?
gotchu just posted 🔥🤞🏽
that's a big project on the back end infrastructure wise.
don't blame coinbase because you live in new york state.
coinbase is doing just fine. new coins are added every week along with thousands of new users!
i'll look into that. coinbase is easier for me to use rather than crypto.com.
robinhood is trash, i agree. but, it also lowers barriers for a lot of people to invest in shib.
right, but they have 15 million users so i’ll take that trash all day.
absolutely are. name one app that works and looks as smooth as theirs. you cannot
i agree it’s trash but their ui is so user friendly and easy to navigate
yeah bro, nearly scam
this is such a boring rhetoric, but those that hate rh constantly need to mention so like the purpose any exposure is good exposure. thanks for commenting.
people make a lot of money at flea markets.
doesn't matter, they have a lot of clients.
that right there is main problem with rh you do not own or control the keys when you buy crypto through rh.
oooh good point lol
that is a fair point, but i don’t want shib associated with grease balls.
i also liquidated my account with them, they are nothing but a graph app for me now 😂 lol
i have bitmart, and blockfolio. i use my blockfolio. i do also have some investments in robinhood and crypto.com... i get nervous seeing how many folks say rh is a scam.
just signed...to the fucking moon
it’s not like i could stop anyone. nor would i ever tell people what to do with their money. i was just saying i will not. i see a lot of peeps hating on rh within reddit but yet they still support the goon who is, most of the time, screwing them. i believe in “to each their own”. i would like everyone to be happy and make some money too 🤘🏻😎
just be patient. the get rich quickers and impatient will be right back when the price starts to go up when they are done selling. if you're in here long-term it is for the exchange staking and that is going to take a while anyway.
yes hold and believe. 100mil and do not plan on selling but will buy more. shibarmy? shibfamily we need to keep the momentum of caring for one another and others and not turn this into a greed game only for ourselves. let's take those in need to the moon with us fam!
that's true. doge begun it is ascend because people were starting to use the coin. like in stores and giving it to others. and so forth. robinhood might be good in the aspect of exposure, but i do not think it will help us much. specially since robinhood will probably try to slow us down when we pick up momentum again. ofcourse, this is all based on my personal experience and biased.
robinhood is trash yes. having exposure to millions of more buyers is cash.
early may, the time when dogecoin hit 0.70 , so they cannot sold them that's fucking scam bro (sry for my bad english)
well people that want to invest in shib but just adding to robin hoods far crypto wallet. i love the action that will come of it but hate that robin hood benefits
indeed!!! robinhood may not be flawless, but for some is the only knows way to invest.
use binance or bitmart.
china in a nutshell 🤫
yep. during their ama they said individual wallets were coming, but i’ll believe it when i see it. ak’s comment is just as valid as no wallets. they are shady af.
🤣🤣🤣 me to i honestly like they’re graph the best. i use it daily just won’t given any money
i got in at .008 to doge. it started booming got up to like .09 and then rh put a freeze on crypto for 5 days. i tried dropping . now every time the price starts shooting ip pretty fast they go to maintenance and trades won’t execute for like 15-30 mins. stalls the rise. then when people sell a lot last 3 times they’ve had internet issues and trades are offline again when elon was on snl they went down immediately for 30 minutes. some one dumped millions and dropped the price like .30 cents in that time.
i’m just a single mother who’s 34 of 5 children... my eldest is 17! i’ve been doing this on my own since i was 16. i don’t get nervous when prices dip, heck i hold and buy in the dips little by little. i’m most definitely going to the moon with y’all and back and few times i hope 🌝 don’t forget us little guys and gals. much love from south louisiana
one man's trash is anotha man's cash! 🤙🏽💪🏽😎🤑
i can completely agree with you, robinhood is sketchy as hell, but listing shib on rh will allow the price to increase significantly because of the exposure to a ton of new people who otherwise never would’ve had to chance to invest.
happened to me... i put a sell order in at 30k profit with doge and it didn’t go through until 4 hours later and instead of 30k i only saw 12... fuck robinhood.
to my knowledge the freezing happened on the buying side not on the selling! at least from my experience. am i wrong?
as a business{community) both sides...you can’t ignore 15 million potential investors that are already currently trading,w\e you call it... a lot of shib buyers are first timers now. the conversion rate on robin hood’s book will be insane. also decentralization... the real mission. shib is everywhere... all hail the shib... i would absolutely not be surprised within 2 weeks elon attaches himself to shib. if i’m wrong i’m wrong... but... i dk... i understand where you’re coming from tho...not all money is good money... but in this case, it’s helps our reach... finally , the india crypto fund is real and we are helping to save lives so as much pray for india and shib... great progress... fuck the price... let’s go
i am… lol. i’m speaking about the general population who hasn’t already invested. robinhood would be one of the easiest ways to reach them and promote shib.
i'm pretty sure he was talking about vlad tenev, robingthehood ceo and not vitalik who gifted the coins...
yeah i can also agree with you
the amount of people in this thread who do not understand this is mind boggling. makes me think a majority of people here are teenagers
i think now is the time to buy shib, but think shib will never gonna hit 1. you must have an big amount of coins to make profit from shib.
it didn’t freeze for me. it may have others but not me
the timing of all of this is impeccable for shiba and doge... funny how everyone bailing and craziness going on... but “meme” coins holding their own... imagine if threw this craziness doge and shiba, which have already been associated with each other on world wide news, continue to get more wallets added...watch the # of new wallets for the top 5-7 coins for the next 3 days... decentralization...
let's not promote robinhood.
oh that’s understandable now yeah he’s sus
yes, vt, not vb. sorry for any confusion
not defending rh, they’re shady as fuck, but a few other exchanges routinely have issues too when doge spikes or dips like it does.
yeah man. i reckon the the average is 21 living in their mums basement expecting to get rich instantly.
if it hits a penny in almost a millionaire. .10 gets me there. i don’t need a dollar. and it’s so so cheap right now a few weeks from now it will take thousands to get as many shiba as i have. and when shiba swap comes out it will lose some zeros quick.
why not? how are they any different from the other online brokerages out there?
i’ve been seeing y’all mention shady platforms. what do you guys think about blockfolio, and crypto.com? which apps do you suggest are best? im a woman and been investing for the last year... i’m most definitely in a mans world with this. i study on here mostly also... any advice is welcomed.
hey dude, stop hating! just because i went to an overpriced university and majored in eskimo studies and graffiti art doesn’t make me bad. it’s not like this is my fault, it’s societies! i was told by my brilliant professor who teaches harry potter poetry that i am entitled to all this free stuff! but where is it? i am now working at starbucks because my degree made me so qualified and live with mom and dad. i am supposed to be rich by now dammitt!!! so here i am looking for the coin that will make me a bazillionaire! i am entitled to this wealth!!!!
i just want to make enough to pay the car and mortgage off lol let’s go to the moon
i dunno about blockfolio, but i use crypto.com and it’s been fine for me.
it's neither man nor woman's world. its a numbers world dont be afraid just do the homework. dont study just on here there are a number of ways to study investing. i use crypto.com it had some issues with the rise of doge like rh did but other then that it has been fine
same. crypto.com has always been good to me so far.
i bought into doge insanely early -- back when you could get like 300 of them for .01. i bought and sold it several times, and made decent profit along the way. then, in july 2020 i bought 4 million of them -- i think i spent about 8k on them. i sold them within 7-10 days after making a whopping . if i sold them at the top, they would have been worth roughly 3.1 million. you'll never time the top perfectly, but even if i was still holding them today, they would be worth over . i am not mad at myself for selling -- i could have never known. but if i sell my shib too early, and make that mistake again, i will never forgive myself. i am sitting on 1.5 billion coins and i will hold every last fucking one until i am a millionaire.
this just made me round up to 200mill
okay, let me give some words of wisdom after selling btc, eth, ltc, & xrp for a fraction of what it’s worth today. buy the dips, and hold on for dear life! never sell! just don’t do it, you will regret it!!! i understand it’s stressful to see huge fluctuations in your fiat valuations, but the coin count never changes. in fact, i don’t have to check the price to know i have 430,000,000 shib & 57,000 doge & 19,600,000,000 babydoge eth & 100,000,000 elon & 1,900,000 floki. i don’t care how much it will exchange for in fiat currency!!! don’t forget it was doge’s 16th birthday yesterday. she started the doggy coin revolution. she is precious!!! we love her! my last piece of advice: take a break from looking at fiat valuations and all of the short-term negativity on the media. shib is on a solid blockchain foundation that will eventually transition to a more earth friendly proof of stake mechanism. in other words, it’s going to be around for a long time. things that last forever go up in value over time. relax kids!
i can feel your pain. sorry to hear brother. you have a chance to be millionaire asfk now with shib.
shib aint doge, we ain’t a meme coin ;-)
man this sucks! i hope you at least made enough of a profit to get something nice with it!
more of you need to lock your shib into dig or bone via shibaswap. make rewards and compound your holdings while you wait for shib to moon. it's a win win.
same. 280k at 4 cents sold at 6 cents. it never saw 6 cents again
the only people selling are normies who fomo'd in at the top and it did not keep going so they got scared and sold for a loss lol classic
by your explanation if 12 times more would have made you a millionaire then you should still have returns in hundred thousands which aint bad to reinvest unless of course you are full of shit
i was on the fence of selling. not now. ill hodl for you 🙏 lets get paid
20% of my crypto is in shiba, hodl
i did the same with hertz rental, had a .50 average on a heavy position, panic sold because of fud and it ran to . don’t get me wrong i made some money but i could have made that “fuck you money”
i did the exact same thing with other crypto's back in april when almost the whole crypto market dropped big time. i did not lose out as much as you did but i lost out on a lot of profit, nonetheless. never again.
most of us believe in the coin. the ones who are selling will regret that later on in life when they are making our burgers as we drive off in our lambo a. and they will be thinking man i shouldn’t of sold for my 1k profits
thank you for this. we are all future millionaires💰💰🐕🐕
thank you for sharing this. this is very important
me too, missed out on 30k, sold for a loss with doge
your thinking smart don’t worry about others follow your intuition.
i did the same with bitcoin 12yrs ago sold way to early, not doing that with shib.
but it was at $.06 april 5th and did not hit $.077 until may 6th-7th did you stop watching doge for a month?
we have 3 rules in crypto dont invest all your money dont talk about your earnings with others and dont belevie what others say, because market cap its not everything and take a look at other top 10 coins and see 1 year ago almost all of them 10x this year shib made more than 1000000x this year so hold and be happy in 2 years thank you and help us burn
these hands 🙌are made of diamondium
similar story as you. i have 42 million shib and refuse to sell after the whole doge coin coulda shoulda woulda, never want to do that again
this is most of us who have been in the crypto space. fomo is a real sickness. if you break it down it could be classified as a mental health condition. just have to fight it and encourage others to fight it. we have to support one another and not smack down them who sell because they are in the fear the price would not go up or it will go down. if someone is happy that they sold and made .00 congratulate them. don't burn them. and for them who hodl or are fighting their inner fomo and holding. congratulate them as well. supporting
i sold all my shib. this is a whale feeding ground. they'll all sell before it ever gets anywhere near a penny. just like they did last week when it almost took the next zero. they all set up orders at .9 to beat eachother to the punch. i am not gonna sit and hold a coin which is only serving to help whales pump and dump.
i do not understand why people keep thinking it is a good time to sell, we literally just hit our new consolidation point, and we are poised to launch like a rocket at any moment.if it is any consolation for people the last 3 weeks has made me nearly 10k, and i've made nearly 2k off of .
ok i’m hodl my shib m, the vol is positive idk why the price is going down. 🚀🚀🚀
same shit here except if i woulda held i could have had a few hundred thousand $ i sold at .01 and then .07 because of marketcap too. smh.
the best advice i heard in a long time concerning shib ✨
don't do what i did. bought doge in early january for . would’ve been around 8k at peak. was extremely angry at myself but eventually got over it. with the lesson being to never sell early!
the price of shib is now at the price i bought 10m+ a few days ago. still going to hold these bad boys.
i really hope a lot of people here take the time to learn about stop loss orders and just plan their investments appropriately. hodling is a strategy but it is not a safe one.
people are fools when it comes to numbers. they say it cannot hit 1 cent due to overall market cap being larger than bitcoin. however, it does not mean the coin. all things are worth what people are willing to pay for them. this is true for all stocks and crypto. fomo can absolutely cause spikes much larger than what can be sustained long term. as you said, we saw this exact same thing play out with doge...
i did the same thing man, missed out on a few hundred thousand, do not beat yourself up. yes hold onto the shib
i have 36m staked earning 14k per week. hodl!
i will also buy with the army today.
shib shib shib shib
look at any high value coin or stock, the patterns are similar and therefore "usually" predictable! ps, i'm a noob so some>all statements could be misleading...except i'm hodling
paper handing is a bitch ! remember you only lose if you sell
sorry for your loss, brother.
sold at 7 but bought it sub penny, still win.
you are part of the shib family now. we got your back
i feel you op. i sold at .05 thinking it wasn’t going anywhere. i will not make the same mistake
cautionary tale, i love it. keep holding my friends.
shit no need to say plz to me they gonna be telling me plzzzz sell
i'm just gunna hold tight. people will sell so many times over before it even hits .01 and then the whales will do what they do best. swallow up what they can and as time goes on, coins will get lost, burned or whatever. supply will shorten up enough. sure the value of shib will tank for a while but eventually it will go right back up. it has a good enough following and became mainstream much quicker than i've seen other coins. there's potential here for sure. it's in it is infancy. stay strong everyone!
why don’t people ever include context in these type of posts? shib is up over 4,000,000% roi. you have *already* seen the people who sold early regret it. if you bought in october there’s a very real chance you aren’t *that* early. .0001 or slightly higher is probably the most realistic chance there is for shib ath unless a massive and i mean massive amount is burned. don’t gamble away life changing gains you’ve already made, holding for something that *might* never happen.
i see the penent spring tightening. everyone who is scared zoom out.
when doge was 6c it was not in the top 10.
i feel your pain. i got drunk on fomo with doge and still holding the bag. not selling!
i sold 52 million doge. for . thought to myself, hell yeah! i'll never pay attention to market cap people again.
i’m holding and never leaving.
i’m with ya i gotta see .20 before i ever think of selling my hodl bag.
buy and hold. together we rise. this is the way
doge was created as a joke currency, shiba is no joke!
this is the biggest fear. i can always grind to make up my principal, but a 🚀 to the 🌚 is rare and harder to come by.
this is why i’m hodling. 💎✋💎✋
here is an explication for y'all in case you do not understand well how the market works. ' www ' (removed the hyperlink like this you could check the source) ' hodl and buy the dip if you can :)
good advice, shibster. my 7m amazing shining shibs cannot make me a millionaire, but i'm holding it. not for myself, but for all of you.
1.294 billion shib and hodling!!!!!!!!!!! for you forensic wallet address investigators, see for your self. only a true army stays united and strong, a weak army runs and gets destroyed.
this is exactly why i think it’s stupid for people to keep talking about selling their shib when it reaches .01 the bar is too low.
how many people knew about doge when you bought though…?
hodling my 9m shib with 💎✋
i sold my doge at 8¢ right before it went to . i feel you. these hands are now diamonds and i couldn’t sell if i wanted to.
you know i bought 50 million coins just now after seeing your post
shib is up 4,000,000% that moment for people is already gone. the people holding now at its current circulating supply can realistically hope for .0001 or slightly higher
i wanted to know, iv got 20mil shib, let’s say it’s keeps dropping and dropping, while i lose £££ do i also lose the 20min tokens or does just the money fall lower but i still keep hold of the tokens?
comparing shib and doge is an error. there are 132 billion doge... there are 549 trillion shib. that means there is 4159 times more shib than doge. these numbers are so astronomicallly big that it is difficult for most folks to wrap their head around just how many tokens that is... that is by design. that being said, unless something is done to drastically accelerate the burn rate then, no, i'm sorry, shib would not ever see a per-token-value of .01 or more. all that said, i'm actually quite bullish on the project as a whole and i think it has great potential but people need to start looking at this as a 5 to 10 year hold...not get-rich-overnight.
i feel you .sold 6 bitcoin few days before its mooned to its historical ath ...was feeling sick like for long time ,but then i met shiba ,and it basically saved me from depression .now i feel like i will better lose everything than do same mistake of selling ...cant still forget that feeling !
just because one did, doesn’t always mean the other will, not all coins are destined to make it to the promise land. will this one, i have no fuckin idea like almost everyone else. there is 1 person for sure who holds the future of this coin, an that is the newly crowned billionaire. if he holds it should keep going, if he sells off massively, then this coin will most likely never recover.
this is a fact. buy now and hold. it will be painful but worth it.
i feel your pain my friend ! i did the same with doge! not repeating that mistake again.!
even more motivation to hold 😤😤😤
same here! literally i cried lmao.i panicked when doge dipped so hard and sold. never again. hold your shib
same, i thought the couple grand i made on a 200 investment was it. had i held out to even 30 cents i could have paid cash for a nice house and had enough left over for a new truck
a whale moved 40 trillion shib away, he is manipulating us, and will buy again, of course, when it hits the top bottom! so, let us chill!
same happened to me. bought in early and did not wait because i thought it’s not going to get anywhere. then i landed in hospital and did not really have much time to worry bout crypto. man i thought i am going to get a heart attack when i saw it hit 0.7
trust op i aint selling a god damn thing. keeping my 35 mill till forever!
.5 to .8 ok!! then boom, .10, .25, .50., .70….
i only see a tasty dip. anyone else?
i did the same fucking thing. never again.
you learned, now you’ll win. let the rest learn the way you did. not everyone deserves to be rich.
me too! i was super depressed for many weeks after i sold it all to buy amc lol then it took off and i could’ve been a millionaire so lesson learned i’m holding amc and shiba
dont sell unless its live changing or retire amount
i'm cool. i gots over 117m . sucks seeing it go down, but that is the game. i've averaged about .000074 . not going to be a millionaire by any means, but may be able to go dick off in belize for a month at somepoint.
i sold at .003 because it was just a meme. i aint fking selling now
i have over a million how much would that be if it hit 1 cent?
hodl is the way 💎🙌🏽
im with you till the end brother! we won’t make that mistake again.
damn i read this at the right time. been holding for 7 months starting to get nervous, and frustrated with the community. i got banned from shibadults because i said i don’t think the kraken listing is going to be anything that huge for us and man they reeeeeeeeeeeeeeee at me just for having a different viewpoint it’s so toxic and to just silence people it fucked up. i will hold tho
i hope the army is right and you all become millionaires and can tell your bosses to eff off. but you really should give some thought to the factual maths.
keep and resist we can do it 🚀🚀🌑
or you could have also bought at the top thinking it would hit a dollar and are now stick with it.
market cap is what people keep saying ...tesla sells 499,000 cars a year ...price of tesla 1200...toyota sells 10 million cars every year ...i just do not listen to anyone anymore ...btw i bought doge at 6 cents because i did not have the access to buy doge i wanted to buy doge before it even reach 1 cent so i can imagine your pain ...once shib gets recognized and all exchanges pick it.up that is how people will get access ...hence we millionaires eventually
damn that sucks bad
i just bought 5 mill more
i feel ya on that lol 😂
thank you sir👏 that’s the voice of reason
same here lol, but i had around 100 doge and sold them for a few cents each, so my loss was insignificant. the profit was around one buck though edit: *my potential loss
well said. underrated post op. people forget about "shakeouts" and they get cold hands. i'm okay with that because i know the supremacy of nature exists. stay humble when you get your fortunes, fellow diamond hands 🙏
this is nightmare fuel
set it and forget it guys, shibs will grow.
at .06 doge only had a market cap of 6-7 billion so it had the 10-15x potential we’re at 40bil already
thanks for the cautionary tale. just go with your gut people. listening to others seem to leave room for regrets but if you make your own decision you can live with it easier.
i remember that day. i was flying back from a week in vegas with my girlfriend. right when my plane landed i turned off the airplane mode and checked my doge. it was at .74, i sold at .72. after that day, i do not listen to anyone. math people, the dreamers. no one really knows. i do my own dd, i watch wallets and discords for news. i immediately bought into shiba with half the money i made on doge. and as we all know now, that is ancient history. but holding shiba for these last 6 months has been quite the ride. but i believe the ride is just getting started. i did take out 10k for my bank account and another 7k to poke in babydoge and saitama. still holding a really nice position. but looking back, you are right. i cannot let the emotions of the dips influence my dd. if i have done the research. the wallets are growing and the devs do what they say. well then it is only a matter of time. i also do not keep all my eggs in one basket. so far this has been a very productive year. excited to see how it finishes out.
damn. there's a guy that sold his shiba at a 300 dollar loss. the amount he should would be worth 1bil now, he bought about 2k worth back when it was dirt cheap.
i'm not selling shit.
did any of you even check out this person’s post history before blindly upvoting and supporting this post? they’re either a 13 year old or sound like one. he hardly understands what he’s buying, he said not too long ago “he’s a hardcore doge investor” but doesn’t understand if doge can generate more coins or not. he has multiple posts with wild plans on how to pump shib, like trying to get people to spam the president of el salvador on twitter to help pump shib.
[some of you are actually spending money based off what this person said ?](
say it loud and proud!!!
i mean... if it makes it to .6 and i sell some i can still quit my job and keep pumping some more...
buy buy buy more
we are all together my friend, we love shiba and this time you and all of us will be millionaires ❤️🚀
market cap, smarket slap
diamond hand, never sell
oh i'm keeping both. do good everyday
oof i did the same thing and sold what would have been ,000 for ... gains left on the table for somebody else hurts the soul
and if you had not sold and it crashed, you'd be saying the opposite. as they say on r"this is a casino, sir."
same thing happened to me it started to dip dip and i pulled out just to save 2k then 2 weeks after it shoot up like i’ve never seen and i would’ve made around 20k if i would’ve held. never sell in something so new hold the 🦧 line 🦧
i wanna cry for you...🥺😢...i holding. but holding to the next bull-run , is that ok?
thanks for sharing your story. this does help some people avoid making the same mistake. 🙏
i did the same except at 13 cents
sorry to hear dude. i sold just before the big pump. i could not handle second dip and wait for months,, so i cashed out approx 10k. just like you, if i would have hold manmanman... but it is always if if... i now try to step in some low mc coins (like bitoshi or something) that can easily go 100-1000x with the right community. to be honest, shib already passed that train and will max go 10, but i i think maybe 2-5x atm
maybe a little catzcoin as a hedge 😸
i litterally lock my shib away on crypto.com's crypto earn for 3 months at a time just to avoid bad make free shib. this current go around, i added 65k shib to my wallet at some point i am hoping i have enough and the price goes up enough i can live off that weekly interest.
this man speaks the truth. i made this mistake with the other doggy coin myself. still made a nice profit of course but nowhere bear what i would of made.
this is literally the same place i was in february during the doge boom. sold for some profit at the first dip, and bought back in as it skyrocketed, never again
this needed to be said 💎👏🏻
had 500k doge in feb sold too damn early. bought agin with 133k doge at 0.16. i could have had over quarter mill instead of 50k from doge. i'm def holding my 1bill 69mill shib. lfg! 🚀🚀🚀
to go up first you have to go down. btc dropped to 30k before exploding to 66k. it's time to buy and make your position strong.
i have only a measly 1.4 million tokens :/
i just sold all my shiv
thank you for this. i think it is important to know that you're not alone with that. it's a hard thing to get over but patience and perseverance pays... this time it pays in the for of currency.
even though it has dropped slightly and the news says some dude with a ludicrous wallet has make stupid money... all the indicators all show it is about to go up and lose another zero.
same. i sold at .07. then had to watch... this dude knows what’s up.
while my job treats me relatively good i also want to retire . my dreams could all come to pass with the right moves and i wish everyone in shib army the same …. at this point their success is also mine .
don't kick yourself. if you made a profit on doge then you did well. it was only at 70 cents for a short time and you probably would not have sold at it is peak anyway.
sorry to hear. i was also talking to a co-holdr today and we both felt shibu buzz now feels like doge did at 5-6 cents so at minimum i feel a 4-5x bump will happen.
i've heard these stories on doge and btc. assuming it happened to people on eth too. the thing i do not understand is how many people still have this "short gain" mindset. it bewilders me. we've heard this happen to a lot of people with various cryptos, yet people still continue to do this. i have no interest in making a few . i'd rather just save the money from my job or get a second job, if this was the figure i was aiming for. i'm in this game so that i do not have to work anymore. whether that happens or not it remains to be seen... however... if shib crashes and i lose ,000 profit... i'm not going to cry over that. maybe be a little bit upset, but i'll look at it as not much money. on the other hand... if i withdraw that ,000, and in a few years time that 10,000 would have been 10 million - i would cry.
i've lost many a football bets so i've decided to take the l on this, if that is what happens it is what it is :-)
dca in dca out. dollar cost averaging is king and keeps you from going through this. buy in slow and steady, sell off slow and steady. good luck everybody
that's my boy 👦
hodl if you want a piece of the future that is to come 👽we’re a baby right now
i ain’t holding…i’m buying!! bullish on shib 💎👊
bingo, and i will never let another person scream market cap to me ever again. never again.
this is exactly why i am holding
what about that xshib and get thatryoshi….
them i can relate to you brother... i'm holding...yolo.
today a damn bloodbath folks
have a better chance with saitama
whats that...remortgage the house, sell the kids and all in shib...i like your financial advice.
hodlers win. this is crypto. we don’t know shit about fuck. hold and win. sell and lose
same here bro, pulled out 2k worth of doge when it was at .00027 because i didn’t think it would go up. few yrs later went to .70 cents, i could have been a millionaire. i am gonna hodl shib with diamond hands!
everyone seeing this post pleeeaaassee be carful and be realistic with yourself. do not convince yourself your 5 mil shib will be worth 70 cents a coin. at least not anytime soon. certainly some big gains to be had still easily knock off a 0 or even two. market cap is a real thing. shib is not doge. 15mil and holding here btw. don't be scared off there is room to grow and if your investment was either early enough, or large enough, then you can make some thisguesting bank here. if not, still plenty of money to be had but lots of people putting in 100 bucks expecting a million. if you're new here please do not thisregard real life because you have fantasized an easy way out of the rat race. if you have bought in recently shib has become a medium to long game for you. edit before hate: i am not saying there is no money to be made or to bail on shib. i love what shib is doing and where's it is heading. i believe there is still plenty of money to go around. but there is a limit before you're mixing your dream world with real life.
i’m not selling. my guess is that the people with large bags are cashing some out. totally normal. those coins will be rethistributed to new shib army members. it will go back up. most all coins have healthy pullbacks after large run ups.
lol you're not the only one. i sold my stash of doge after new years. had to buy back ended up getting half of what i sold.
dip for those that took profits
i feel your pain. i sold all my doge .08 and put it all in gsat. i have been kicking myself ever since. not going to make the same mistake with shiba. to infinity and beyond!
i am in the same boat, i didn’t know shit and sold at a penny. missed so much and originally bought it in 2018 as a “ why not” so my average was like .00021
holding for 15 years mate
i’ve been hodling for 9 months. i’ve staked my coins 3 times now on crypto.com and guess what i’m gonna do once they unlock again?? i’m gonna stake them for another 3 months. hodling is so easy 😂💎💎💎
i wouldn’t want to miss the ride in it until we all reach the moon 🌝
the pep talk the community needed.
that's exactly my story to a t!!!!! sorry for screaming hahahha! lessgo shibbiess!!!
write it on the paper, put it in your chest and beg walking in the street wtf!!!
“it’s consolidating!” i hope you all lose your money you fucking retards.
you’re lying, if you sold at 6 cents and can’t retire i doubt roughly 10x that money would do it.
you some sort of bot? you post the same shit everywhere.
thanks bro! but i do not need saving i need more $🤑🤑
crazy amount. this is the way
amen. you will never time it perfectly
well i wish you luck! and for me too!
new rule, always buy double what you intended, so you can always sell half and still keep that stash safe...or something like that?
>ld them at the top, they would have been worth roughly 3.1 million. you'll never time the top perfectly, but ev this is the way, i envy your bag man!!!
we have a market manipulator here once he sells shib will crash, beware of these billion coin holders
did you get into shib early too?
you are so right. my good friend bought btc when it was cheaper than bubble gum. he had almost 300 coins and he sold them for 1000$. now he want kill himself lol.
words of wisdom 🙌
thank you bro but i wanted to save everyone also from my mistake
i do not remember where else i wrote this, but in the future, i rather tell ppl how i held shib, and sadly the decentralization experiment failed (it would not fail lol) than tell how i paper hand it and sold it for small profits right before it exploded, so yeah, i'll be here until i get 7-8 figures gains, or goes to cero. shiba to the moon!
i mean... doge clearly stated that they are a meme coin
ain't a coin at all. token.
on shiba inu website and whitepaper it is listed as a meme token just saying
total agree! shib is no more meme coin!
agreed shib is a good coin and it is time to buy the dip!
this is what you got from his post? did you even read what he was saying?
are you from the 818 valley?
are not the gas fees crazy though?
i have buried 64m shib since june. i hope i see some rewards for it. the rewards at crypto com feel more straightforward and tangible: leave it here for a month, we give you more shib.
explain to me like i’m 5...
it was at 70 cents
i fomo’d in at the top because i don’t think it is the actual top. plan to hold at least a couple of years.
there's always someone who catches the scam.
yea he atleast had 85k into doge. 1m divided by .70 is 1.4m doge, at .06 thats still 85k. i assume hes talking multiple millions also
check their post history. this is a child living at home.
same here. i'll stay strong and hodl brothers 😭👐💎
just look at the worldwide housing market. how many people bought houses cheap as dirt back in the 60's, 70's and 80's... then sold for small profits in the 90's thinking they hit the jackpot. then in the early 2k house prices went ballistic... these people could have sold for 10x more if they had held on another 5 to 10 years. and i'm talking about people that sold the houses specifically for the profit... not because they wanted to move. so there was no issue with them remaining where they were, but they just hit the button too early.
this is the way. 100% staked and growing.
been meaning to look into this! i do not get a lot of time to read up on crypto projects, so it is challenging to know where to go and what to do. even if it does not make me much profit, there is a lot to learn and crypto is probably here to stay for good.
how do i do this?
i'm in liquidity pool had 150 million in with some bone and ethereum in not up as much as if shib only, but i'm up like 500 bone nearly for 3600 in since middle of july
or they reach their goal and are just happy……
bro i'm just trying to make enough to pay off my student loans
this isn’t asked in an aggressive way but where did ‘belief’ in the token come from? why is this coin any different from hundreds of others? i’ve made decent money and buying on the dip but i don’t totally understand it, mana i did understand and invested early, although made money when i sold if i held for 3 more weeks i would have made 40k more 🤦‍♂️!
i’m going to buy a lamb and name him bo. this is my lamb, bo!
this guy's post history makes me wanna sell my shib at a loss
staked my shiba inu on shibaswap and got rryoshis vision from it and which is up doing well to! both here to be around working of the blockchain to soon be released. shiba for retails and ryoshis for gaming
yep. stop loss order in at .00005. enough to pull some profit and protect the initial investment. at that point too if it tanks further i can reinvest at a lower cost average depending on news. with current consolidation i think that’s a safe “cut and run” point. but i’m more hopeful about a takeoff given the coming news
hodl is not a strategy, it is just an outright refusal of admitting defeat and cutting losses.
what 😭 i was invested into doge before i even knew what reddit was ?
it looks like you are the only one here who gets it.
i feel that on a 48 cent level 🙃
🤣 are you insane? lmao. shiba (which is a great coin) is a joke of a joke.
you still keep the same amount of tokens. simply worth a fraction of what it was bought at. until it goes back up, which it will. don’t be alarmed.
you lose only the money my man. just hold
tokens stay the same, the value decreases. you only actually lose money if you sell those tokens when their value is down. otherwise, you still have the same 20mil. hold on to those tokens and ignore the value for the next 2 years. i only check it maybe once a week. just hold and forget you have it.
absolutely intend to keep the tokens, as will refuel soon as i can, wish i could’ve joined the recent dip, i’m holding on to those 20mil come hell or high water lol
,000+ 1 cent is highly unlikely though, 0.001 or 0.0001 is possible. i really hope i'm wrong and it reaches 1 cent+ .
honestly, i think the best thing is for you and i to do is take a break from the sub. the constant whining gets in your head.i feel ya. i'm only going to follow shytoshi on twitter since that is where the important updates lie. this coin has utility, and it is still so new. it's got a lot ahead of it. i'm not going to let a bunch of idiots get in my head with their fud
i bought in at .00000708. i bought 66 million shiba inu.
lol i’m just hype! not a bot bro ape! haha but when you’re trying to spread motivation far and wide it’s easier to just write let’s fackin gooooo 💎🙌🏼🚀🚀 and stay zen 💎🙏🏽💎
, hodl and hang in there 💎🙏🏽💎
no, but a really high open until filled limit sell order is a great tool for catching these insane run ups.
lol -- i am no market manipulator. 1.5 billion coins is not enough to even move the ticker. the volume on shib today is .5 billion. my coins are worth roughly ,000. even if i sold them all -- which i am not doing -- it would represent .0000163 % of the shib volume on the day. while i wish i had enough to move the needle, i do not -- and even if i did -- i am not selling until i'm a millionaire!!!!
not early early, but early enough. i think my cost basis is like .000007.
you had 85k usd when you sold? that is not too bad (assuming at 70c you would have 1m usd)
feel your pain as well. also sold my doge at about 7 cents during its second slight pump of the year….listened to everyone here on reddit and youtube who were naysayers about it, and ended up selling…when i could’ve been buying more for months while it was stagnant at 5 cents. i wouldn’t have millions, but it definitely would’ve been life changing money for me if i’d stuck with my initial decision, rather than listen to others. will never again underestimate a large supportive community in crypto.
you have another chance now to be a shibillionare :-) just keep buying and hodling
what was doge market cap at $.06?
mean “ain’t” lol sry i’m high af rn
willing to bet most here wouldn’t know the difference. i mean look at how op says “market cap” like he thinks it’s a dud concept. and there’s a guy below asking if he loses his staked tokens if the value drops…. the mind boggles.
needs to be updated asap tbh lol
im from wales m8 🏴󠁧󠁢󠁷󠁬󠁳󠁿
right now they are indeed crazy. but if you bury, it is well worth it.
that's why you use loopring .
crypto.com has no gas fees to stake
thats what he is saying...it never dropped down to 6 cents again...kept climbing.
clearly you do not know the difference between 6 cents and 70 cents.
been there before haha. winners are made by hodlin' 🙏
indeed app if you your in at say 3 and doubled down to 85k i do not see why you would be sad, just turn it into something else, its trash to clear 10-15% profits with ethereum
you think we can burn the trillions on coins to push the price higher?
it’s all a learning lesson
does shib grow or just bone?
saaame. if i can pay off student loans and have some left over to make a down payment for a modest house, i’ll be over the moon happy. don’t need a lambo or a mansion, just a 3 bed 2 bath and no other debt. i have a decent job, but if i have something on the side that can expedite my trajectory out of debt, that’d be great.
i think he’s referring to your post on the doge community saying you’re new to doge at the time which was 72 days ago meaning it was in august meaning you invested in it at 26 cents if you really were new to the coin.
> i think i spent about 8k on them. i sold them within 7-10 days after making a whopping . if i sold them at the top, they would have been worth roughly 3.1 million. you'll never time the top perfectly, but even if i was still holding them today, they would be worth over . i am not mad at myself for selling -- i could have never known. stop losses have burned me bad. one flash crash and poof then it runs right back up before i could rebuy.
i am doing the same thing, out at 50 as a last resort because its clearly going down to at least 40 if it hits 50
this is not the way.
i should be clear 14k tokens, not $$! lol
what does it mean? shib can’t go higher since it’s market cap is alr huge
damn. i know right. holding shiba to the moon of course and got in early. def canceled out my doge mistake already. still holding doge until i at least break even on it!
that’s brilliant, i’m planning to hold 💯 i just didn’t know if it got burnt, thanks for clearing that up for me bud
good shit fam you're gonna be banking hard if you are not already i'm talking the people that bought 100 bucks worth weeks ago cause everyone's telling them it will hit a dollar and they start posting horrible misinformation because they wanna believe
i have some shortcuts on my phone keyboard that makes quick and uplifting posts super easy
😂 well said! all i know is shibastrong, hodl and let’s fackin gooooo 💎🙌🏼🚀🚀🚀🚀
yeah but you cannot retire on 85k, and he probably could have straight up retired on 1 million... i feel the abusive employer thing so hard.
yeah that is not a bad trade at all. people should be more forgiving of themselves for not seeing the future.
shib is supposed to be the first meme token to ever be an equal to the top coins like ethereum that’s the whole idea behind it when it is a normal token it will defeat it’s original purpose since this is an experiment it should continue as a meme token
okay, so i buried 64m in june. if i just hold, i will be glad i did? i do not really get how it works. i have not touched it though.
hey quick question: i have staked all my shib since day one of shibaswap but i have not really done anything after that. do i need to claim rewards every week or not? because when i checked now it seemed like my bone has not increased at all if i'm not wrong? like can i just let it sit there and do nothing about it or do i need to actively do something in order to not lose my stake rewards?
100k in shib, or 100k usd?
bone grows, at no cost to you. but then you can trade those bone for shib if you wanted to.
hence why i said whatever car is your dream car. but you can change the car to whatever it was your dream and why you believed into the coin
yeah, but that is better than the impermanent loss. if you always gauge yourself at what "it could have been" then you will never be satisfied with an investment.
true. but a flash crash to that level with the amount of holders were gaining seems unlikely unless there’s a major whale dump. the current 60 limit is a little concerning for that possibility, but i’ll still pull about 50% profit if the stop triggers.
yes. noone can predict what shib will do next. it might go up but the market cap is already huge and it simply can‘t go up much higher. on the other hand it can drop 50% easily. people who are buying at the current price and hope for big gains are too late ...
it means that if there is more upside, that there is likely less of it. doge was above 10c when it hit top 10. i think, from memory about 20c. and snl is what likely drove it up to 74c, without that it might have peaked about 50c. so realistically from here the upside is limited to about a 2-3x. and it might not go up at all. no one knows what price action will do.
it is only a loss if you sell.
😂 i need that! haha 😂
unless you’re already 50+, you can’t retire on a million dollars in a lot of areas of the us unless you live very frugally. in other countries that money might go a lot further though
yeah i'm in same boat... minus the 85k lol... lemme get 50k and i'll leave my toxic employer for a business i create with the profits i'll be making 100k a year inside 3 years
yeah, but you can probably quit a toxic job…
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i genuinely wasn’t trying to be arrogant’m personally superior, these are really just the sort of concepts you should understand before you plough money into something. i mean, be honest, if i tried to correct’ve mentioned here, being as it goes against the predominant upvoted narrative, i’d be shit on from a great height by almost everyone in the sub. i don’t really want to get into a huge series of running arguments so i’ll just stick with my bit i said above and move on with my day if that’s ok…. *(i’m already getting downvoted for the last post, this is not a sub that promotes reasonable thiscussion).
now if we can implement tokenomics and avoid whales dumping billions it’d be great tbh.
shibaswap generates bone for you. apy depending on what kind of staking. it generates bone for you, which you can sell.
i think you can just sit on it while it accumulates. i personally use the pools as they generate more bone. the bury. but you can check your balance if you connect it, and click on cumulative bone rewards. there it says your amount ready to be woofed.
oeps, should have been 100m in shib. 100k usd might be a bit much.
do you know if staking will create more supply?
i live in one of the cheapest places to live in the us. very low population and most of us survive via hunting and farming.
a million would bring in about 66k a year in dividend funds.
you can in missouri easy!! land, home, utilities cheap!!
i could easily. get rid of house payments and you just got you budget free.
yeah it’s mostly either a cult or bots promoting nonsense and upvoting each other’s deslusions and down voting rational thinking, and yes i hold shiba over 50mil but common sense people
you're right, i do not know the difference between a coin and a token. so instead of saying something that might make you sound like what you described, why do not you enlighten my smooth brain? i'm not giving you shit, that is a sincere question... also happy cake day!
no. when you liquidity pool, you are collecting transaction fees from people who do swaps. the more people use that asset, on that swapsite, the more you earn. apy is the measure of how much you earn from a given asset, on a given platform. people who use a lot of defi shop around for the best apy.
1 mil would be perfect for that
ah, you live in 1861, very cool, would love to visit.
i want to be your neighbor
nice, i would definetly move there and live like that.
i live on a pontoon boat.
please tell me where this magical place is. i want to move there.
and in 20 years that won’t be enough to live off of with current inflation. most people will also have bests and others things to pay first.
and in 20 years that won’t be enough to live off of with current inflation. most people will also have debts and others things to pay first. also i’m not saying you can’t retire on it, but it won’t be a cushy retirement like most people picture when they think of retiring. you’d still have to be smart with your money and live somewhat frugally.
yes but most people have expenses, debts and bills that need to be paid and can’t just stick the . even still, living expenses will outweigh interest earned at . you could definitely retire on it, just wouldn’t be a cushy “i’m rich” retirement
you know what they say about missouri? at least it’s not kentucky
depends on the state. some states have very high property taxes even if you own the house.
yeah, i suppose tbf it’s not just this sub. although crypto subs are probably worse on average, this cultish sort of behaviour has leaked into pretty much all stockmarket.
oh, that’s cool, well then you can probably gooble it for a much better explanation than a layman like myself could possibly give you… (tbh my education leans more towards economics, and although i worked in infotech for a bit, i did it badly’m not very cluey at all)… …but a coin basically is native to it’s own blockchain (which is like a ledger) as a store of value only. where a token works to fuel decentralised applications as part of an ecosystem on one of the aforementioned ledgers.
coin is native to it is own blockchain. like btc, eth, doge, xrp, xlm etc. often these are used to pay fees for txns. a token is a smart contract (ie code) on a blockchain. like shib, or say usdt. usually you need a coin as well, to transact with these.
ah thank you for explaining, this makes sense now. appreciate it
i’d imagine, with a balanced dividend portfolio, the share price would increase as would the dividends & keep up with inflation.
crypto markets isn’t too bad, they have active mods who help keep the nonsense down
oh yeah? cheers mate. i’ll give it a gander.
imagine it being bezos, the competition between elon and bezos would be insane.
my guess is cuban. he cannot stand to let elon have that much sway and free publicity when he himself loves crypto so much.
as long as it’s not travis scott i’ll be ok with it!
either kanye or bezos.
it's the fkn island boys😭
b to the e to the z to the oh ohz!!! lol!!!
it’s kendall roy… 😎
this twitter amount is a scam. read official twitter handles tweet
ceaser the dog whisperer guy?
pls do not be zuckerburg
better not be michael vick
dave chappelle?? buy some shiba mother f'er!!
jeff bezos, due to his long rivalry with musk, bezos has taken to supporting shiba inu due to musk's support of dogecoin. bezos wants to get his doggy coin to a dollar.
1) jerry seinfeld 2) wesley snipes 3) charles payne 4) mark cuban 5) fabio
well burger king has doge sooooo ronald mcdonald 🤔
i hope it is the 🪨
my guess is: they made it up. it's an account that has been around since 2011, way before . someone bought an old account that used to be named "theymakedrink": [ you can also see it by comparing these links: [ [ they then changed the name, but badly, since shibainunews was taken they used an "l" instead of an "i". they have multiple times tweeted about "big news" items that were not true. they found an audience that wants to believe though, so they exploit . they should be shunned and dragged at all costs, they are just scammers.
need to focus on long term utility not short term hype.
i think it’s going to be vermin supreme. victory is at hand!
if it was bezos i think we would hit 1 cent so damn fast wouldnt even be funny
🤦‍♂️ it’s trump. this is going to be biggely!
it's flava flav 100%
i have some money in this but this kind of hype-y, engagement-baiting teaser makes this look like a con
like bezos? dog battle royal of coins!!! …or someone else like jennifer aniston
amc owner, besides he will be accepting
beezos for 100. he's close to elon...
it's john cena. but you would not see it anywhere...
if it is bezos, a zero will definitely be gulped in a few weeks.
i hope its bezos
if it is bezos, i'm out. i'm not helping that fuck make any more money
it’s mark fucking cuban
kanye west i guess... xd
someone said kanye , but i really hope it’s not him cus he is gonna be the end of this coin , dudes crazy
who cares? just hodl
the only people close to his level are like bezos and gates. i do not see gates getting involved in crypto but bezos would join shib just to hike his leg on elon. 🐶🐕🐾
my money is on richard branson of virgin. he has his hands in everything
if its kanye, i'm selling while i can .
i tweeted to to bezos to promote shib and start a friendly dogfight with musk. he never answered me, not sure why haha. figured since musk got the rocket contract with nasa he would be up for it lol. when billionaires play with rocket ships anything can happen!
i dont care who will be, just raise the price already to £1
shiba inu news twitter feed ahas been shown to be a scam. shib developers have even said so. you all should all unfollow and ignore.
if it’s will ferrell, i will jerk off in the streets during a riot and live stream it, after my graduation ceremony….save this quote.
“we’ve, us”?? who are these folks you’re representing??
rocky balboa and adrian 🥰
kanye west good choice i meant ye 💎🙌
fuck em. don't need em.
who the f! cares. the many are more powerful rhan the one.
watch it be jack dorsey
pumping. time to go guys
just fucking tell us who it is. we are not 5 years old.
my vote would be vitalik. shib has been suspiciously successful, being listed on major exchange. when you look at the actual communication skills of the shib team, it is almost a miracle that it has been so successful. there are powerful forces helping shib in the background. the “anonymous” devs behind shib may be a well orchestrated team, very savvy in what they are doing.
it's el chapo gusman
no one. why would anyone tell this random twitter account anything like this ?
probably that bald shark tank dude that is been doing commercials about this shit. but i guess technically he is closer to my level than he is to musks. so idk
christian bale? he always saves the day
a classic case of shib "trust me bro this will send it to the moon"... rh, kraken, amc, tesla payments... trust me
musk vs. bezos (doge vs. shib) only on ppv. that would be funny.
it is ya boy kenneth griffin!
no idea to be honest but all i know is i have just bought the rumour!!!
kanye west is not close to his level
well let’s see what happens !!! gotta hope for the positive!!! 😉😉
jeffrey bezos to the pump station please
my personal wish list 1. dave chappell 2. kanye west 3. bezos
pretty sure this is kanye west
this twitter page is the most unreliable source of information. that being said, it’s gotta be jfk jr. i heard he was back just for this.
probably nobody. just like the robinhood and amazon theory
it's already been leaked on twitch...it is the kid who invented the floss dance!
very exited! just saw [crypto.com]( with matt damon i'm sure shib can do better!!
steve jobs has risen from the grave to support us!
mods in the official thiscord said to take this twitter account with a grain of salt. they’ve made similar claims about robinhood several times.
mark cuban. i do not know any other major celebs that care about crypto
don’t care who it is as long as it’s somebody! lfg!!! well, it can’t be brandon- anyone but brandon
dogg the bounty hunter.
it's kanye and i'm not sure if i'm happy about it
bezos is the best bet for us ! amazon transaction are most huge in whole market!
any news on this yet?
i bet it’s kanye
is kanye really on elon’s level, tho? elon is tesla, space, and mars. kanye is music and sneakers 🤔
someone trying to pump it most likely. but i wouldn't object to it being true lol
how legit is this information?
saw some things about kayne west but low key mr amazon would be cool
i’m all in on nic cage. willy’s wonderland was a masterpiece.
is bezoar considered a celebrity tho? with this term i think of actress, athlete or entertainer
maybe like a dana white or mark cuban would be cool
let’s be honest bezos supporting shib on amazon we flyings fast. we would forget about elon in a second. bezos vs elon. bezos wins. before you come at me, when was the last time you drove or even bought a tesla, now when was the last time you shopped at amazon.
jeff bezos entered chat
why am i thinking bezos?
if bezos were to back shib and elon already backing dodge it might literally become dog eat dog
and more false news since it’s now the 13th. where do people get this stuff?
please don’t be brandon, please don’t be brandon. 🤞🏼
if it is kanye then i will have to be force to take all my shiba. can't let a clown lead a army
please don’t let be travis scott
is it kanye west?
trump. watch half of you dump because cnn said so, lmao!
we do not need this shit. it what makes people thinks that it is just a meme coin. stop this "we need help" attitude guys!!
it’s soulja boy he always wants to get into something and destroy it
we shouldn’t be praising these celebs. those guys are already rich. they need to stop coming down here and stop fucking with our shit. look at elon. that boy single hadedly fucked over all or if not a lot of dogecoin holders. can’t have that happening with shiba
if it’s ye, we will be launched so far past mars. it’ll be the best shitshow in the world.
if it’s donald trump i will literally piss myself. that would be fucking hilarious
mariah, idris, leo my wishlist…
it better not be ethan!!
it's not me. i've been holding since day one! ✊🐶💎
just tell us already! 😫
better not be kanye...he is crazy...
a something burger would be great im getting of seeing all these nothing burgers man
jeffery the giraffe bezos
who cares 🤷🏻‍♂️ we've done fine without them! we passed that bitch doge coin, and we're realigning to go to the stratosphere 🚀🚀🚀🚀🚀🚀
i’m at the edge of my fucking seat.
nobody even close to his level.
has to be either 2pac or biggie
it’s tim apple and donald j prumt
that will be ye
the island bois? 🙄
snoop dog for sure
kanye you think this will make a difference all his fans will listen to him
oh lord, what did sir richard branson do now?
please not kanye. god no, we don’t need crazy
bro, this source is trash though 🤦
so i guess that’s the kanye tweet the other day
any guess that it’s bs?
let’s wait and see who till then shibarmy strong 💪
kanye is similar to musk??!?! you all high? it has to be cuban or benzo
i do not care. i get it brings attention but like we've seen with elon. their words are to powerful in crypto space. i do not like to have my life savings invested into if a actor is drunk or says it is a scam on a hyped up sat night live. yes they bring us money but they also bring pump an dumpers aboard also an would really like to see us grow slowly but surely instead of up 60% then down 80% then only down 40% an watch it in the gutter for few months till another voice comes along. just my view sorry to be a downer. i like that elon has no power over us.
its me, i am a businessman.
haha no! it is i. dio!
probably jake paul. might be promoted during his fight in dec. i.e. logo on his shorts or something.
yeezy yeezy yeezy just jumped over doge coin
trust me bro, it is me.
vlad…ceo of robinhood 🤣🤣🤣😭😭😭
wheelchair hector from breaking bad
close to musk's level of what? influence in crypto? total net worth? owns a space industry company?
we don’t want elon to endorse shiba! he’s not who he pretends to be! he is a real life bond villain! one day he’s going to rip off his fake rubber face and it’s going to be kim jong-un! or putin!
quick folks, buy more shib!
dawg the bounty hounter?
don’t really care about that nonsense. lemme know when shibarium drops 🥰🥰🥰
it’s satan. hail satan 666
keep it a mysterious will be best! i want the “wow” when really happen
god please do not let it be souljah boy
can we just hate elon at this point. he took an interest in dogecoin and made it a battlefield for the ultra rich who do not like him. it's like the little retail investors in doge are iraq, and the us and russia are using it as a proxy.
why not ryan reynolds? i could see deadpool promoting .
he could be jeff pesos...
that’ll be soo funny if it’s jeff bezos trying to compete with doge and elon
kayne west i heard. source: trust me bro
please be samuel l jackson...
why do people still listen to this twitter account
master chief from halo is supporting shibas sister :) sanshu inu is about to explode 🚀🚀🚀 it’s still at like .00000000007 lol
we have to keep this post alive!!! lets keep going guys!!! for entertainment purposes only!!! lmao!!!
it was gonna be norm macdonald, sorry to report
shib & amazon collab
mother of god !
rofl imagine bezos coming out and supporting shib just to spite musk! oh that showdown would be legendary.
if kanye im out... if bezos i am annoyed but i will chill, if zuckerberg life is over and so is shib
i don’t like celeb endorsement that’s a reason for me not to buy or to sell
be cool if it was brittany spears... we would be the coin that moves like her unstable life
who is like elon? shelton from big bang theory.
i don’t know who it is and neither so y’all. but i think it’s jean simmons
if its tim cook. i'll drop 10k on shib same day.
hope it is not zuckerdick
it's probably brandon 🤣🤣🤣
it’s going to be a big nothing sandwich
kyle rittenhouse after he wins his defamation suits.
has to be cuban or tim cook
hopefully not snoop 😒
maybe it will mickey mouse
uncle jeff b ?
ben simmons! he needs some coin
can we not follow this page? we don’t like robinhood
so from what i gather this thread, it might definitely could be kanye. but let us be honest, the kardashian empire could shit gold and it would net them millions. throw in a song about a shiba and crypto mooning on tiktok and bam moooonnn...although i would feel bad about their followers losing money from the inevitable crash.
this “someone close to his level” isn’t going to be close his level lol
my best guess is kanye. only because elon did the piece on kanye’s time magazine cover.
oh snap! lfg shibarmy 🚀🚀🚀
probably kanye west. he had a post referencing him last week.
if i had to guess... mark cuban
i wanna say something funny like bezos, but its probably someone sad like chris brown or kanye.
george clooney shib coffee
it’s kanye and we know it
snoop d o double g
fucking kanye isn’t elon musks level 😂😂
could be kanye west
kanye or mark cuban
trey parker and he will rename the coin to sh!t
kanye. [shytoshi kusama tweet](
its probably justin sun
if this turns out to be nothing i'm selling (okay i still would not sell but it is still annoying)
kanye! gonna buy my yeezies with shib money
please let it be santa 🎅
it’s kanye. it’s already old news
i mean if it’s “news” why not say it?
didn’t kanye just jump on our train?
let it be dave portnoy
wow no mention of richard branson?
uncle 👨‍🍳 is the man iykwim 🍎
this is garbage... not only is this a completely unfounded rumor but it is not healthy for the coin. the last thing shib needs is more whales.
this guy has been spouting bullshit for a long time.
keanu reeves. it is mentioned in the movie johnny mnemonic (1995) and set in 2021. shib is spoken of.
my guess is bezos, they said close to his level and kanye is nowhere near
i heard kanye west invested. not joking
i hope it is bezos...but watch us get zuckerberged.
it says celebrity investor... and close to elon's level of influence. i think it must be mark cuban.
when do you think they will announce?
snoopy dogg and lil john
please let it be bezos…. please let it be bezos lol
it's jfk jr. guys c'mon! it was posted in the qanon blogs. doesn't any ody read anymore?
it’s definitely bezos. pay in shib for space exploration watch
bezos would be major.
pretty sure it is those island bois.
jesus, just spit it out.
"someone close to his level" i'll believe it when i see it.
justin bieber? no no wait... michael buble?!? no way! it's michael, is not it! i freekin knew it!!!
we are investors. personal feelings need to be put aside. bezos amazon would definitely help shiba. if you can’t see that then you don’t belong with shibaarmy!!!!!!!!!
i recommend you stop following this account. this guy just spews anything and everything and is never right.
someone start a petition for bezos to accept shiba
omg brian stelter? awesome!!!
is it a celebrity or a business magnet? or could it be both? would the ceo of amc qualify as “celebrity”?
better not be jeffrey bezonatate.
…not a huge fan for celebrating endorsement. so i’m not going to guess, but i hope it helps take out that zero
nobody is elon musk level
elon musk is a “celebrity” apparently
lian neeson as he has taken down all the bad guys in the world and he is even greater than musk 😂
i want it to be betty white but it will probably be like joe goddamn rogan ... ugh
lord help us all if it is mark effing cuban...
i'm not buying it. it seems pretty sus that all these "big news coming soon!" posts keep popping up to promise big things that are coming soon... but never materialize. seems like a lot of hype to pump up the gullible. i'd love to see some posts based on facts, action, reality and credibility from seasoned investors and folks that really know the ins and outs of crypto investing.
jeff, i know you’re reading this. jeffery
the it monster ?
please lord. anyone but musk
ain’t these the same guys that said robinhood was listing shiba?
please not andy dick
probably someone that nobody here will guess. lol
if it’s kayne than that tweet feed is copying boss man tweets . boss already dropped the news two days ago
nah it is batman
it’s someone who can throw over ... !!!
makes sense as who has a billion spare to buy on crypto.com last week. below my guess but maybe kanye.
mackey mouse 🐁 and his boat magician 🎩
what happened to the "who cares" movement when it came to celebs and billionaires supporting shiba? i guess people are desperate now?
imagine for a moment if mark zuckerberg dropped some hint that shib would be part of the metaverse in some way. it would go bonkers!
kylie jenner or ronaldo posting about it on instagram would be insane! shiba is not going anywhere cyclic events 50-100 % falls may happen but looking 1-2 years we are in for 1000% gains for sure
well i guess if posting chart formations every hour about if it’s breaking up or breaking down “spoiler alert 90 percent has been breaking to downside” might as well try to attach someone’s name to it thru some hearsay twit.
plot twist. kanye thought he’d hide his wealth from kim and pumps what he thinks is his last 8k into shib, thinking he’s sticking his two fingers up to her! now it’s worth billions and has to pay her half 😩😆
hot potato, hot potato...
maybe the amazon partnership was real after all, maybe is bezoz
cuban is not even on elon's level...
who is it ? someone close to elon, jeff bezos ?
and the secret is bigplaycrypto ‼️‼️‼️‼️ 🤫
man you guys are drunk off at hopium
ronald mcdonald? does it get any bigger?
time to lift off again!!! kill 2 zeroes!
i don’t understand why this celebrity has to take time to plan to “publicly support shib” lol but i’m gonna guess kanye.
fake.news ? if some that status invested. shib price already sky rocket
its mark cuban. he and elon manipulated doge and hes gonna do it with shib before the taxes start
okay im buying a lots more of shiba
ye...it has to be
i heard yeezy but not for sure, either way they are part of the army now so we gotta take them in with open arms💯
it’s gonna be jeff fucking jefff
the guillotine schedule is getting crowded!
it’s the mandalorian. this is the way
no one is close to elons level
i know…is the pope
kevin melon aka ashton kutcher?
i heard its pelosi 👀
kanye west? the rock? 🤷‍♂️
am willing to bet a lot of money that it is chamath palihapitiya
maybe said celebrity goes to the burn party and decides to show off their burn. .01 in 3 minutes
this is such bs.
buy rumors sell news
terry crews is gonna make it up to us after that amazon commercial
tim cook (apple) or bill gates (microsoft) will be fun.
the news is most probably fake. but i have some hope. maybe jeffrey?
for sure it’s the island boys.
my guess is jesus christ. it is written in the old testament that jebus had a pet shiba inu.
no one is close to his level!
maybe kanye west or bezos?
mf bezos! it has to be him
cooke, bloke who runs apples my guess
it has to be kanye west!
bezos definitely. 100%. shiba will rocket to .10 this year and we.will all have lambos and mansions and the number of serfs and peasants will be vastly reduced. dreams are so good.
i think its drake.
wait, so the person is a celebrity, who also happens to be a major investor? or an investor who only deals with major celebrities?
could really care less if any celebs publicly support shib.
close to elon musk its only trump 😅🍺🤯🚀
if it is ashton kutcher i am totally withdrawing
my guess in kanye
kenya west? i saw a post from shib devs mention kenya west. but i'm not sure.
this seems fake. why would someone tell you some rich person is going to publicly invest and not just say who?
isn't this the same twitter account that kept telling everyone that robinhood was going to list shib on the first?
sorce: trust me bro
after they fcked us with the whole "how much shiba do you own elon?". these people need a real day job
is this account legit ?
tata? richest man in india, owner of india’s biggest company. shib is bigger in india than the usa. i’m not indian, but rather the least american american you will ever find.
so it is trump then lol.
i hate bezos but would be funny if it was him and he announces the partnership by saying he’s taking a shiba inu on the next flight with them
it's charles payne - i've been talking about this on other subs but he bought in yesterday, i have a video saying he is buying into cryptos - i'll put up a hype video later, with him dancing as a bobble head next to a shiba inu pup
remember this post , it will be no one. more pumping bs
amazon doesn’t even accept btc as payment, yall think he’s just gonna start accepting shib?
please dont be ashton kutcher
i hope it isn’t kanye.
is it jenna jameson
“someone close to his level” honestly whoever it is, fuck them. so tired of seeing people being put on pedestals. fuck rich ppl until i’m one of them
idgf who is, a major celebrity supporting shiba would be huge. we want all the help we can get to get those big bags in the moon 🚀🚀💰
imagine having to validate your crypto currency with celebrity endorsements…. 😂
they said something about kanye west. but we will see
my guess is it’s a made up lie.
either bezos, gates or cuban is my guess. i'll be shocked if it is not one of them.
paul rudd of course
bezos would be amazing 😍❤️
define close to his level….financially, popularity wise, relationally, so many potentials.
what if its ryan cohen.
just might let us meet ye!
cuban or bozo, let’s get to , muahahaha
it’s kanye west dropping shiba yeezy’s
mike vic! i hear he loves dogs too
close to elon’s level? who is also a celebrity investor? did mark cubans child buy 5 shib?
i pray that it’s jeff bezos
i say its forrest gump. life’s like a bag of shib, you never know how high its really gonna go. 😎
ashton kutcher. heavy investor and would actually make sense.
maybe gary vaynerchuk? he is big on nft
ho no need to hide the information it is me ! thanks a lot i can invest 100.
my guess is aaron adam ceo of amc he let investors know he was sellin some amc shares for 25 mil
vanilla ice ,, shib shib baby.
it's chris pratt as the voice of doge
quit shilling your shitcoin
please do not be gates or nickel back
richard branson. they are looking for a 3 way peter sword crossing coin contest.
bezos will be accepting shib as payment on amazon. good day
kanye or martha stewart
it's been going up this morning. is this why?
if it is bezos ... the penny may loom soon in our futures...
lex luthor. elon's more honest twin.
im hoping for taylor swift!!
could be virgin’s - richard branson also!
adam aron. accepting shib for payments. would make total sense for him to cash out . imagine the returns he would make.
caesar milan makes the most sense...he is the pack leader!
why they beating round bush. either come with the facts or stfu.
i thought this guy is always talking bs?
wouldn't want to get too carried away with this. great if it results in a game changing boost but equally wouldn't want to bet the house or all my hopes on it if it does not immediately skyrocket as a result.
cuban or kanye probably.
lol this is the same outlet that said a couple of others things that never came to fruition. i hope it’s true but they seem untrustworthy.
biil gates taking spot back as riches person of the world
imagine bezos accepting shib…...
it's ice t. 😁😁😁
if it’s cuban then shib will explode , remember what he did with doge.
if its bezos or zucc im selling
fingers crossed mc hammer
kanye west or kenny powers….one of those two
i'm going to guess its clickbait. my money says this post is just farming for likes. ...or, i could be wrong and its soulja boys big announcement getting into the crypto market...🤷‍♂️
it's people the leader of a famous asian gang
let's wait and find out 🤷🏾‍♂️🧘🏾‍♂️
i doubt it’s true
i did buy lots of shib but i do not necessarily believe in it whatsoever.
if it’s lebron i’ll be selling
the only other person ‘near elon’s level’ as far as control of the masses or news cycle is trump… which would splinter shibarmy. imo
this account is a proven scammer
i reckon it’s harry + megs. invested the entire 5bn loan from oprah
with cuban behind voyagers launch i’d bet it’s him. be interesting to see if this is a real post or just fluff 🧐
not zuck or bezos ... not zuck or bezos ... not zuck or bezos ... anybody but zuck or bezos
more bullshit, do not listen
was this the .2 billion dollar purchase that we saw?
cuban tried pushing doge and yes he has billions but he couldn’t make a coin rocket if it had twin turbos on it. now bezos can make this shit flllllllllly !!!!
kanye is no where near elon’s level. stop already. lol
is this true? no news articles
honestly, this sounds like trust me bro information?
weren't we warned that specific news source was a scam?
snoop dogg. in other news, isn’t this the channel that is a known liar?
jay z or kanye
anyone but hip hop artists. they get no respect in crypto world.
it's probably kevin o'leary
i hope it’s will ferrell.
it better not be kanye west. he's a cunt
bezos and kanye west
martha stewart? mike vick? bill cosby? that 69 guy? trump? it better not be fuckin lil xan 🤣🤣🤣
well if musk just sold . he needs to invest somewhere. why not .5 bil in shib? ,500,000,000 ÷ .00005555 = 45,004 500,450,045 (45 trillion tokens) x .01 = ,000,000,000. then yes he would have the bigger dick!
fuck'm if they wait till the hype train is full on... thats not support thats dick ridin
roe jogan on dmt
believe it when i see it
i'm gonna go with hugh jackman
that account is fake news
i hope it is john stamos
don’t touch me there! you’re not my uncle!
it's me. i bought a million 3 days ago. urwelcomepeasants.
i love competition! hodl
buy buy buy and if and when you sell let it be only 10% and let the rest ride…!
probably a whale putting out fake news so he can unload his shib.
whomever it is it will help our cause, and that is fukkin great.
steve balmer? mark cuban?
bezos. this would be the pump to pump all pumps. maybe a major hope ya’ll don’t have doge, since bezos would love to destroy musk’s baby. don’t ever underestimate a man with his means that looks like dr. evil and likes that about himself.
it makes all the sense in the world to be bezos because amazon being willing to accept shib as payment would be epic. but i have a feeling that is too good to be true. 10:1 we end up with someone much more irrelevant and it is gonna end up being like cardi b or some hot garbage.
i didn’t know tim dillion is endorsing shib?
could be kanye. shytoshi tweeted a few days ago ' good choice kanyewest'
what if it the dude that owns 🤔 virgin mobile.
knowing how all the speculation about elon, rh, and all that has gone it is probably flava flav or some shit.
just saying with the holidays right around the corner...it would be amazing if it is bezos because orders for amazon using shib would be through the roof and into orbit
this twitter account has shared so much shady info, and old info as if it was “new” i unfollowed them. it also seems shytoshi and others have called them out as scammers repeatedly. i would suggest not hyping their posts.
if amazon accepted shiba. whoa. matrix level.
to be on elon's level, i take that as being a billionaire and a bit looney. sir richard branson or jeff bezos is my guess. looking like the space race is going crypto.
my guess would be mark cuban. he has been pretty voicetrous throughout the gme saga. i’m sure he loves the competitive nature of it all. i’m just glad to be on several rockets ready to take off to the moon. 💎🙌🦍🚀🌕
my wife’s boyfriend said it was him but i don’t believe, i can’t tell him that tho he said he’d whip my retardant ass and i believe him on that tho
if it is bezos i'm selling
please let it be the old lady from the great british backe off.
they tryna create hype now because they know its failing is the real shiba inu,,,,look it up lol ,, elon musk and apple partnered with it
there’s no one on elon’s level so i’m super curious 🧐
survivor bias is probably one of the biggest mistake to do in crypto.
it's fleece johnson. he likes it, and he wants it.
chrome dome from the amazon jungle
snoop dogg would be the best.
gene simmons ? maybe …
this could make us or break us.
what if this is scam and they are planning to run after this with the money
jeffrey definitely already had ties with shibusd amazon smile
if this is fake news i’m selling all my shib
shibainunews sounds like such a trustworthy account
and if you bother to actually look it up ull realize this is fake
has to be god
maybe its the new yorker in me but who really cares, shiba is just fine without the so called celebrities, if folks want in then welcome! if not godspeed to them, if this becomes another coin dependant on a single persons whims then we are already doomed.
is jeff bozos trying to one up his superior??
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if it is kanye, we've all been had and this ship is sunk.
if it’s bezos i’m out for sure
i hope it is not bezos
i hope its donald trump
mark zuckerberg? maybe a meta currency he’s gonna use? just a wild guess
kanye west kwest haha woohoo lfg
it’s kanye (like fr)
it’s donald trump jr.
if it is bezos i am selling...
you guys are fuckin dumb and i love it
prob brandon, hunter must be and nfts
if jeff is in then i'm out
if it is jeff bezos then i'm out
what if it is biden?
stop promoting billionaires and their cronies. they do not give a fuck about us lol.
kim k and pete davidson
my wild guess is elon the musk!
that would be hilarious! from space race to crypto race. dick measuring contest goes all the way to the crypto space. musk vs bezos.
imagine shib getting into orbit on bezos' dick rocket
bezos and his cowboy hat would make the internet go nuts.
i would fuckin nut harder than his girl when she saw leo last week. that would send shib to .0001 overnight
i might actually like him then.
that would be brilliant! and amazing for shib!
if bezos came out and promoted amazon's new shiba payment option it would be a major moonshot catylist!!
i hope that dick rocket is big enough for all of us to ride on 🧐
there would be no competition... elon would get crushed like a little cockroach by bezos
shib will literally go to the moon if this would happen. lol
fuck bezos he’s a real pos
bezos could totally start his own crypto so if he went in on shib it would be a game changer
lol. you guys are delusional. it's probably soulja boy's cousin, lil dookie stain
even though bezos is the closest one to elon musks "level", there is no way its bezos. amazon has never accepted any form of crypto, bezos - as far as i am aware has never embraced crypto personally. he has far too much fiat money and continues to make it, to invest in new coin.
and he replaces the bits system on twitch with shib
this was my prediction from the beginning and the reason i got into shib
makes sense tho. fight for the top
if it’s benis man i’m selling, nothing good comes from that guy
shiba would be much more valuable then doge we could be used for amazon and the other companies
this would be like madara vs hashirama
never... if you dd amazon you would know why.
bezos and amazon is coming out with their own crypto in 2022! stay informed.
doubt it. i was on a twitter space where he was talking up doge and btc. he spoke about ethereum but had no idea what he was talking about when it got to that part.
im a huge mavs fan but i thislike cuban lol. but with that said shiba lets go.
cuban is an elon wannabe. but he is still cool.
its confirmed charles payne
mark would be huge!
do regular people know about cuban in the same way? even though he’s got a lot of pies i only more recently heard about him regularly. probably will though.
that was going to be my guess
🤣😭😂... it's kanye west
if it is bezos, that gives us a lot more possibilities at least with the potential of shib becoming usable on amazon.
c'mon jeffery you can do it! pave the way, put your bucks into it!
could you imagine if bezos casually dropped
or beff jezos. the long lost brother of jeff bezos.
but bezos is technically not a celebrity. it’s probably kanye
imagine if he pulled the biggest megalomaniac move for the sake of feeling power& does the largest rethistribution of wealth in history by rocketing shib just to "make history". a guy can dream
i could see him doing this literally just to troll elon lol.
bezos has made sense to me for a long time, there’s a lot of subtle connections between shib and amazon
no it is me
i pray this is true, source please. 🤑🤑🤑 .claw.
i hope mark cuban
it would either tank or moon. no in between. also i think kanye and uncle ruckus might not be that different.
somebody out there is feelin the spirit!
that racist bastard don’t want to support the white devil
2pac out of hiding to support the cause!
that’s who i was thinking.
‘you know what, i got to thank yeezy and when i see that nigga i'ma thank him i'ma buy the album, i'ma download that motherfucker i'ma shoot a bootlegger, that is how good i feel about this nigga’
hope so that would be dope
jayzee would be more logical than kanye. j is a billionaire
yea after that tweet i’d believe that
if it’s kanye i’m selling. fuck that cuntbag
if its that joker, i'm fuckin selling now.
he has a big ego but he is actually a really nice guy. he went out of his way to hang out with me and my cowokers to take pictures and sign autographs.
this is the post i came here for😂
trying to cancel travis while endorsing bezos in the same post is something i can’t believe i’m actually seeing.
what's the worst that could happen? few people get offed?
scared of a little stampede😬
maybe he needs more money for legal fees and lawsuits
she said where we goin? i said the moon.
well, he wont quit early.
what if it was travis barker?
it will immediately go to .000001 if it was travis scott
bro travis scott became the punchline of every joke overnight and i'm loving it hahaha
as much as i loathe bezos as an approximation of what a human is, this would be massive for shib. kanye probably won’t move the meter at all.
i hope is bezos that would be fukin awesome
ohhhh it is probably kanye because of that other tweet
i hope not 😅
i’ve been thinking bezos for a while. since elon has doge, i’m sure he’s got some shib
in bro we trust.
oh... that will be lit as fuck.
after saying btc is rat poison-squared? nah...but that would be the most ironic outcome in the crypto space since the inception of btc. imagine hearing the news. **news reporter:** for reason(s) unknown, mr. buffett decided to endorse a meme token called shiba inu when he previously called btc rat-poison squared. now the internet went bonkers. exchanges got overwhelmed quickly! coinbase, [crypto.com]( binance, webull said they could not handle the traffic volume (excepts robinhood because they are still deciding).
i'd be pretty excited if it was buffet lol.
cuz i’m an eye land boiiiiiiii
i thought they were trees when i saw them.
they're just trying to make it, yo.
jesus fkn christ lol
jeffrey from fresh prince! lmao!
surely not the fake slim shady
oh dear sweet baby jesus no
i do not see enough succession references in this site.
dang boy…that’s like an ice cold bucket of water. oh well, it was fun. 😂
that would actually make sense.
omg do not even suggest this.
that actually wouldn’t be bad, other than your personal data and shit. zuck would move some fucking crypto like some former presidents moved guns! 🤣🤣🤣
who da fuck is fabio??? lol! back in the day me and my boy went down sunset blvd and fabio stopped at a stop light and people were takin pictures of him and his ferrari! and my boy who was only 13 years old from norcal asked him who he is... and he said its me fabio!!! and my boy just yelled out who the fuck is fabio!!!??? lmao!!!
it’s gonna be huuuuuge
just by saying that you devalued the token.
well. it kinda is
this should be the top comment. it's an account that has been around since 2011, way before . someone bought an old account that used to be named "theymakedrink": [ you can also see it by comparing these links: [ [ they then changed the name, but badly, since shibainunews was taken they used an "l" instead of an "i". they have multiple times tweeted about "big news" items that were not true. they found an audience that wants to believe though, so they exploit . they should be shunned and dragged at all costs, they are just scammers.
we're going streaking! we're going up the quad and to the gymnasium you, bring your green hat
i drank the tea and the next thing you know… my asshole hurt and shib lost a zero.
true but it is going to be much more entertaining with them being involved though.
**ye ( yay; born kanye omari west, june 8, 1977), commonly known by his former name kanye west ( kahn-yay), is an american rapper, record producer, and fashion designer. born in atlanta and raised in chicago, west gained recognition as a producer for roc-a-fella records in the early 2000s, producing singles for several popular artists and developing the "chipmunk soul" sampling style.** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(delete)]( ^() [^(report)]( ^() [^(github)](
close to elon musk level? that's pretty exciting! shibarmy it is getting unstopable! 💪
ah yes, major elon vibes.
bozo needs to shine after his gal made him feel like little man recently. so my money is on bozos!
honestly, that is what first came to my mind
reminds of yutani vs weyland...oh wait...
i support this as long as i can profit from it
i bet they both sport super average cocks. but i imagine elon’s is a choad, because he is himself a walking choad
dick rocket must first reach orbit at all...
all he has to do is accept it on amazon. boom bezos wins and so do we.
0.1 in 3 days
i’d be forced to like him unfortunately
i’d be the opposite and be leaving. i can’t stand this guy. he’s is cancer
that would suck, kanye isn’t even close to elon’s level.
cuban is heavy in matic
deep down aren’t we all?
that utillity would be noice
absolutely right. even if elon accepts “doge” for tesla… how many people can buy a tesla. i don’t see that helping that coin long term. on the other hand how many people can buy from amazon…. that’s much more rewarding than the fore-mention.
pay with shib. track with xyo. that is the way of the future.
if it was b**** i would be tempted to sell immediately. i do not want to put my money behind anything that will benefit that guy.
tell us why, show us how...
but ye is not at musk level jeff bezos is lol
for some reason, kanye endorsing shiba is not hard to imagine. not sure if it’d be a good or bad thing either… hmm.
kanye is nowhere near musk level. the only two people are bezos and gates
tim cook? i thought this too. i read an article recently that tim cook announced he invest in 3 cryptos. btc eth and shib! we’ll see what happens! 🚀
that’s who i thought they were talking about! he was some candy !!
that is who i was thinking. i'm wondering if he is liking the vision of the project.
ugh. i hope it is not kanye. he is a toxic malignant narcissist.
totally close to elon
nah, snoopdog is working with claymates on cardano.
if uncle junebug was in i’d be down.
i was about to say snoop... that would be huge, obviously...
no lie i’m not a fan of any! i was really hoping bill murray lol
travis scott deserves to be cancelled
where have you been? welcome to the modern world of rage politics and media, glad you could finally join us in our sugar and makeup-coated misery!
well they are both full of shib so... sure. either.
why not😂 he could make a shiba song
yes you do. kayne is big and you want your shit go to move. so let kayne work his brilliant magic and you get rich from the gain
it's kanye, but some of my plastic still say kane
i trust you bro.
stop i cant get harder
he might as well have the most fun while he is still can. he's 91 already.
fuck you, now it is in my head
ya i’mma eyeland bwoiiii
and we just trying to make it 🎤👨‍🎤
i’d be happy with cousin greg
he’s too busy maste… um. yeah, no. it’s not roman.
you said that with too much *emotion* sssstt
remember when he got smashed in the face with a bird while he was on a roller coaster?
🤣😂 fukn classic 🙌
you mean he didn’t know the chiseled italian dreamboat fantasy of every bookwormish, overweight, middle aged woman of the 90’s?
a bird hit fabio's head while he was on a roller coaster.
i don’t believe this whole section of the comment thread is getting the credit it deserves. had me fucking rolling. 👍🏻
i cannot believe there are people in this sub old enough to remember fabio🤣😂🤣😭
i read that like " its-a me fabio"
sorry and i agree. 😂
you are correct. i actually found it right before you replied. i guess i do not no how to search twitter properly. im going to delete my reply in shame.☹
you never know 😉 did not say on elons intellectual level.
yeah, leo looks like he is trying to get away. ahaha! he's like "yooo...why are you so close?" with the body language.
agreed! first thing i thought since there has been a lot of articles about musk losses and how close but far away he was to bezos.
bezos could have finest kitty in the world and he chose wrinkly, old, been wore out too many times lauren sanchez?
not if they are playing just the tip 🚀
blue origin needs a little blue pill?
bezos is even a piece of shit among billionaires.
true but i cant imagine it would hurt regardless plus it would probably bring alot of attention to shib
yup. matic is cubans crypto he promotes
knew that. and he owns a basketball team. but i don’t watch much of either. musk i think is kinda well known before you know all his ventures.
😂 thousands of millionaires suddenly spending their shib on amazon. hilarious the thought cracks me up man, people downvoting me on this. think people took it the wrong way. wasn’t making it laughable. the thought was beautifully hilarious to me. shib strong and hodln
that will really hurt him
same. eat the rich
i’m pretty sure bezos bought in this past may
your whole viewpoint is just silly, if bezos controlled all the toilets your going to stop using them too? if he bought every grocery store in your country are you going to start a farm? your investing for your future who cares about anyone else, do not make yourself suffer for principles.
yeah west is rich with a net worth at 1.8 bil but no where close to musk's level.
fuck kanye!! he would say and do ridiculous stuff that only an imbecile like him would say and do... not good for the shibarmy!
also, i think kanye would cause shib to be seen as a scam. i more expect the downfall of shib because of kanye, than a launch to the moon.
probably going to get downvoted into oblivion for this... but if it is kanye i might seriously consider dumping at the spike and never looking back.
…who has an enormous global following, the exposure to which would more than likely prove beneficial for the value of your investment. also, there’s room for everyone. you can’t invest in anything and expect there to be no narcissists who also hold it. just because you don’t like him doesn’t mean that he shouldn’t get involved, or that his doing so wouldn’t be good for the price.
well they’re both weirdos
they are both billionaires.
what about korean pop psy
what about bill cosby?
he also deserves to choke to death on a bag of dicks.
your such a dirty coin, i love it.
and a supreme shiba shirt!
how about plot twist:. the fake ceo of doge jumps ship?
you need to assert yourself as the pack leeder
that's actually how i choose to remember him. anytime someone says fabio the first image in my head is him getting that goose to the face.
hell yeah! roller coaster superfaced!
we were kids! lmao!!!
i can’t believe it’s not butter……...spray
shark tank is fun to watch. cuban is slightly less of a turd than some of the others. blondie is my favorite though, qvc gal
would give it a purpose besides being a meme “dog” coin
one person would not but many will. btw i've never bought anything from amazon ever and i also sold my stocks when it looked like i would be inadvertently supporting amazon. if you're ever about to buy from amazon, just take a few extra clicks and get it from the manufacturer's website instead. amazon does not need to exist.
exactly. if bezos bought shib, then he is just another holder of shib (albeit a very rich shib holder) but still a shib holder. not like the guy created the shib project. look at how many people hold btc. i'm willing to bet there are more than a dozen of them are very shady individuals. does that mean people should stop buying btc? nope!
so musk is the richest african american? 🤣🤣
i would love to be weirdos like them.
he just likes to eat that puddin
imagine being that hateful over something that wasn’t even dudes fault. it is solely on event organizers and hpd. he promoted “rage culture” but so has countless other performers. you are fucking deranged if you wish death on someone for this.
lmao literally read this to the beat, fuck u.
i am missing your point. could you believe that he advertised stuff that was not butter. edit: i am prpbably aeound your age and this is the only way i knew of him in the 90s.
ok and. congrats you single-handedly stopped the bad man bezos and inspired millions to stop. meanwhile people are out there making money from it all
i am already a weirdo. now i only need money.
he puts the drugs in the pudding, and the pudding in the girls, and his pudding got served in prison 😆.
i’ll have to tune in, been a while and my kids really like it
i stand up for what i believe in, regardless of whether anyone else cares or not. there are more important things than money. and also everything i'm saying is the exact opposite of single handed.
you mf... i'm in.
way to go. i boycott anything that kellogg’s makes to support their striking workers. my son thinks i’m crazy but hopefully it can be a lesson to him. he’s just upset because i don’t buy pringles and pop tarts anymore.
what is it that you believe in? or rather, what offends you about amazon? this is a genuine question by the way, i’m not trying to argue, only trying to understand. is it treatment of workers, zero hour contracts etc? or is it, don’t give more of your money to the billionaire he’s got enough? as i say, just trying to understand what the anti-amazon position is. to your point about shopping directly from the manufacturers i would say that it is more than a few extra clicks by the way. one of the great annoyances i find about the internet age is that every time i want to do anything i have to set up an account. with amazon i’m already logged in so i can buy a spare tire for my bike, some dog food, a record, ppe, a phone charger, and a lawnmower all using one login. if i wanted to avoid amazon i could but it would take me a lot longer to place 6 different orders, on websites i may not have used before, set up new accounts, new passwords, of those 6 i might end up on 3 mailing lists etc etc. i understand what you’re trying to encourage people to do, i just want to outline that there is a huge amount of convenience behind what amazon offer, and that convenience is valuable. same reason people shop at costco, or big supermarket chains. all in one place makes more sense than driving to multiple stores.
>is it treatment of workers for me, it is that, plus fucking their retailers. if a retailer has a successful product, amazon starts selling it too or even creates an amazon branded copy and promotes their own, getting the retailer in trouble. and those are only the main reasons, there are dozens more reasons. search for it, you'll read a lot about awful practices from amazon.
i'm not sure why you're acting like i'm the first one to thisagree with amazon. it's a very common stance. the man is spending billions on going to space while his workers do not have bathroom breaks. it's really that simple. and on a more general note, i thisagree with anyone hoarding more wealth than they could possibly spend in multiple lifetimes. you might say that means i thisagree with capitalism to a certain extent and yeah i guess that is somewhat true. any system taken to the extreme is probably not the way to go, and that includes capitalism. if, one of my main goals is to give it away to people who need it. when you have more, build a longer table not a taller fence.
just bought another :) i’m here for the hodl. this is gonna get good!!! (not financial advice)
i fast forward the chart and it shows we do
the question is: will we hit 0.00005 and keep on mooning until 0.0001?
buy the dips and keep upvoting!
yes...and no body from the us should sell...for now.
do not sell please do not sell, youll make more not selling than you will selling
easy , give it like half an hour
probably. it’s on 🔥
guys gotta hold. rmemebr what happened to doge…
yes and i will not sell!
gazillion fofillion by sunset
i think in next 48hours 100% maybe ;
bought another 2k worth
a serious question is anybody thinking about retirement.?
shib burn playlist is playing in the background. we’ll be hitting it soon.
yes yes. staying convicted. buy hodl formula 🚀
there is a huge dump at 499, but at the same time it’s being bought back, that means 500, is just very likely soon
why the price between crypto.com different from webull. crypto show 4823 and webull show 4723, .000001 and that a lot different
most definitely! by 10am
hodl your tendies don’t sell
easy. put in another 1000. buy the dip!
we smash a zero today
yes we can 🤑
i finally have enough karma to interact with my family😭 and ofcourse we will hit that☀️
funny i love this token due to the fact the corporate elite were all lobbying against it. i felt like it was meant for us to thiscover and profit from its overwhelming growth potential! see you all at the moon will be making kabobs on arrival.
hope no 🐳🐳🐳 take a 💩💩💩 at that number
woke up like, good thing i didnt paperhand!
na needs to your part and asia will wake up soon in 8 hours. keep the momentum and hodl.
the lack of trading volume on the latest impulse above 40 is concerning. nowhere near the volume of the previous. that ususally signals exhaustion. we'll see what the next few hours brings, but if volume does not increase soon, we'll likely see a correction.
i got 0.00005 on it!
its on the brink lads
well it is now heading towards 0.000055. i recovered my (bounce token) thanks to shib
this is nuts. i’m such an idiot for fudding lol. thank god i held regardless
well i brought in at .000041~ i hope for .001 it’s not a lot only 24k or about .19usd at time of exchange. purely for speculation.
well it hit the 6 today where i am...in cad lol
it did on coinbase today!
it has been done.
i hope so, i just bought about 5 mil.
of course!! and more
will be an uphill battle but doable. mc might need to add 4-5billion usd more tho
only we can make it to the moon - if everyone just buys and holds and doesn’t get selfish
just hodl it don’t mater where it goes today! it’s tomorrow and next year we need to see!
people think it’s gonna dip i say if we all agree to buy as much as we can the moment it hits that it should continue going up or drop a little bit nothing drastically
when we pass doge elon can suck my dog's wiener
i think we will surpass that mark today.
this is one of the first investments i have ever made and i’m up a very solid amount of money for me. i love the shibarmy!!!
i’m hodl till 2030 amigos
just remember this has been a weekend coin for a while now. it may trail off during the week. the binance backing was bigger than i had thought. it did not drop at all even after the huge selloff at 48 it came back. in a week or 2 when robin hood or others have shib it will go up another 50%+ . this is when some of us who are over 100m will start making real money. i know people at work who sold at 38 it cost them thousands. they eventually got back in but it cost them. coinbase charges + to get back if you have -5k. i'm done selling and buying back. holding all the way .
lets hit .5 !
we have a new kitty in town guys!! [
shit right now im up
i just threw 2k on this doggo... let"s fucking gooooooooooooooooooooooooo!
buying every week. lfg!!!
the real question that is on everyone's minds... will we hit .0001 today.
im up 498.7% and im not fucking selllingg!!!!
ahh - its so close!!
looks like you got your answer my friend
soooooo close!! i legit deposited another ,000 at .0000490 to try and push it over the edge.
ben there done that
we did it 5024 on crypto.com
remember, 💎🥜🥜 are made under mad pressure. 🥋
keep it moving along!! double by end of the month!
.0000525, then back to 4800. then .000069
it’s almost there but god damn that resistance at .00005 is the scary part
we would have people stop taking profits
jokes on you i’m already at 0.00006 cause the financial state of my country is entirely based on printing money 🇨🇦
will we eat another zero before the end of november?
let’s shoot for .25 cause we’re about to retire . just like how doge came thru to me and to others making a fortune back in february-march
saw this earlier thinking…”no way. not yet. “. that aged well. lol
you were right :)
this post aged like fine wine 🍷😌
you sir i love 🙌
i regret selling shib to pay my medical bills. wish the hospital accepted medicaid. hate being sick all the time. when i get my last paycheck from target i'm buying more shib. thank you guys for making this doggy token to blast to mars. now we're heading towards pluto and beyond. my only regret is selling 50% of shib during may due to lack of savings
we hitting a penny soon
we did... multiple times... which means 6 by the end of the week. stay frosty boys
. mark my words.
nah friend, we dropping a zero today, not just going halfway;)
no we won’t, but in a week or so, it’s highly possible.
im expecting at least .00006 by next week with continued growth for a year. lets go shibarmy
yes and maybe 0.00006000 🚀😎
of course, you just need to buy enough.
yes indeed. maybe at least .00005. already flirted with it this am and it’s only 9:30 on the east coast.
i dont care. i am interested in what the price is in 5-10y. this is how long i plan to hold.
if people don’t sell we could go much higher
doesn't matter when. it will happen.
what a nice number to wake up to!!!!!
only have 1m on shib, aint much but ive only just join. lets go hehe
listen to the playlist burn dem coins
today is the day. grab a seat buckle up and get ready for lift off. 🚀
in canadian dollars it is already 5700 the us needs to catch up to us canadians 🤣
i think it’s very very likely.
we are so close
let’s hope so! edit: we are certainly in a really nice position to break through. hold onto your pants ladies and gents
the question is not if we hit but if we stay :)
i got on the doge train at .05. with shib, i got on at 0.000016xx. soon it fell to 0.000005xx. this community is what encouraged me to hodl. together we are stronger!! 🙌
i think you have a couple spelling errors in the title, “we will hit 0.00005000 today!”
yes because the shiboshi’s are doing very well!!! burn rate is stellar and people are buying more and more.
so close!!!! let’s fucking go!!!!
shit man maybe we do.
no doubt. we got this. let’s all buy and we gucci
ez 0.00005000!!! the the moooonn !!!!!! buy buy !!! and hold lets goooooooooooo !!!!
hopefully 0.0001 before being listed on robinhood
we're kinda far off the expected price point for market cap, idk what that means but i think it means we might see a drop...
guys i’m from the future and shib will hit .0001 before december
we hit 420, now lets hit 710 for us smokers!😎
i'm going to assume nobody knows this - because it is important for new people who come to shib to know this. so pls no giga down vote. shib is a deflationary token. this means that while yes there are something like 400 trillion shib tokens circulating. when we buy more, the tokens are being "burned". that means there are less shib and eventually there will be no more shib left to purchase. what does that mean? that means the more shib that is purchased, the more shibs value increases, not just because it is being purchased, but because in the long run there are fewer shib that can be purchased. shib is a long term play. i am not a financial advisor and i'm not suggesting anyone buy shib, i'm trying to spread awareness for new people like myself. edit: there will never be 0 shib, according to posters below me. but the sentiment remains, less shib in circulation means more value to shib in general.
depends on your timezone.
anyone gotten a shiba nft? you rename one and it burns 100 coins?
crypto.com has it on main page for focus!
the future's uncertain and the end is always near, but i'm thinkin before we get there, good ol shib's gonna make us all millioneers
come on and moon already so i can get the tire upgrade package for my lambo.
fiat 0.01 usd per shib inbound
yep yep and yep
i constantly see a little lower price on my coinbase account as compared to crypto.com. wonder if i should move totally over to crypto.com. anyone using my both like me and have preference ?
bro, before christmas we might just be around a cent
real question - how does shib get “price action” to the downside? like is someone able to short it? doesn’t a significant amount get burned when it gets spent or sold?
yas, or tomorrow, or the day after that, or...
almost there comrade!!! fasten your seat belt!!! 🚀
quite possibly, my bet is on yes
[crypto.com]( says .00004838 all signs point to yes
yes i think we will!
damn close to it at the time of this writing. 4 naught and 4940
it's looking like it will; still in tease in the .000049s rn as im writing this!
i have 60 million coins right now. is it too late to buy sheena at the .00005 price?
just do it!!!!!!!! lol
def had no doubt we would.
the sell wall on 0.00005 is huge...
it hit 0.00005000 but now apps are crashing.
let’s bask in the shiba glow rite now
most definitely! no selling until we’re millionaires
it's so close lol.
looks like we are in about 2-5 hours!
celebrate good times come on
i don’t see why now 💪
if we do, we’ll be half way to losing another 0 :d
it almost hit 0.00005 today. it will hit tomorrow and i hope it hits 'll all hodlers reach our goals!
paper hands are selling already 🥴
yes we hit it
lots of sell limit orders at 5
it did and then dropped
i threw hundreds into this shitcoin a while ago. now i actually believe it could be something. excited to be here with y’all 🙏🏻🙏🏻
0.0001 by end of the year
yes but then sink back down bc of the massive sell off. no fucking way i believe anyone here will hold to a penny either. that’s the way it is unfortunately
if people hold and buy
think about how much $$’t want to be told what to list.
we can do this! shiba inu army! to the moon!
i hope so! i want to see us eat another zero in the common months!
well bro we hit .00005, and i'm seeing a trend in people asking if it will hit the next number up by end of day and it does. so keep asking 😘
shit just might hit 6!
we’re going to hit 0.00007 today at this rate. market cap is now almost 23b and it was only 12b almost 3 days ago. i don’t think these are whales buying (specifically because the billions in the cap steadily doubled). i think this is all community growth, which is super stable unlike doge’s rise in april.
just bought another 10 mil
how bout 0.00007000 🤣🚀🔥
crazy this was a day ago.
is this a shit post? reminds me of the dogecoin community’s posts. also, that means i’ll get downvotes for speaking out against annoying posts, right? prove me wrong.
anyone who holds doge, bit coins or even eth. im sharing this in hopes it helps some people, elon is helping crypto holders everywhere ht
sorry if this is offoptic but i have to share this, i do not see this happening ever again. what a god!!!! elon is doublin coins
i follow a youtuber that says it would get to 0.00005 today. so shib would be at that level before the end of the day. trust me bruh.
nope don’t look like it’s gonna be today 😔
i did too 😂
put in .00 today and then thought to myself, i'd better not miss out on this. put another .00. got a total off 20,397,372,24687796.
you do not have to add anything about financial advice since there are no financial regulations on crypto.
i'll probably buy more on saturday as long as nothing crazy happens between now and then.
keep buying march on
bought 10 million more, just wish i waited for the dip right now.
my delorean is in the shop.
is that a pro option? i’d sub to that feature so hard.
someone buy this man drink 🥃
how do i get the extension for that feature ??? lol
perfect... the faith has to be here and it will come true. i just appeal to everyone to not let go of their positions for profit, long term profits are waiting and they want to see yours and mine patience.
look at an aud chart
how do you fast forward the chart?
if it hits 0 00005 the whales will step in to push the price back down. bull markets that go up too quickly can go down just as quickly. i'd rather have it stay around 0.00004 for a while to get enough momentum to push it above 0 00005.
we should not sell for ages, i say wait a few years, make those money's
i’m not selling that’s for sure
i aint sellin, i’m buyin
fuck a for now, sell when it actually can make you rich. if you sell before you’re rich, you’re currently too broke to be investing.
nobody from anywhere should sell
soooo, us outside of the us are supposed to sell?
this is some of the best steady growth i have seen since i started in april. hopefully everyone holds tight because this is going to be a long play, not a pump and dump.
love the user name, fellow trance-head
biggest thing to spread guys. even if whales buy… just hold. the real value is this time next year, not next month, not jan…
let’s go guys!!!! this is our chance!!!
stop comparing shib with doge. pls
the biggest mistake doge made was having highly publicized goals for a certain day and then failing to meet it every single time.
i try not to think about my retar-- oh wait, you said retirement.
not sure, maybe a way to grab buyers from transfer
fees? it’s never the same on different markets. different markets had different fees. thas what i was told.
every exchange will have its own price. crypto.com is usually higher than others. that’s where arbitrators make there money, by buying and selling between exchanges when there is a difference, and that’s how the price stabilizes.
crypto dot com r scammers. i thought i could make a quick buck selling and rebuying… they took over 10% when i sold and another 3% when i bought back. most expensive lesson i learned. going to coinbase or shibaswap
i buy the dip, then the dip after that, till i run out of money to buy the dip after that. so i suggest you by on the 4-5th dip.
yes if we keep going this rate maybe more
big finance: crypto is meaningless crypto: yes but so is big finance but at least we have pictures of dogs
i bought 400,000 shib for something like . i know i’m not gonna be rich with that ammount but that ’m big mad about me not being able to put in more but in the same time it’s very good to see our lil coin’s journey.
smart man. i love shiba for the fact, even if it goes backwards, it will go back up eventually. i cashed out twice this last year. the next time it goes down, if it does ill be reinvesting for sure for the minimum of 3 years, but will aim for 8 years. it is like a revolving door of money, and everyone gets to cash in when its there turn. :)
yes! feed the whales!!!!
if i buy a thousand dollars of shiba how much would i make in profits if it makes .00005 ?
im bad with math but if i put 1 grand on shiba and it losses a zero does that mean i now have 10 grand? and say i put 1 grand on shiba and it reaches 0.00005000 how much would i have made
you would make 2000 if it loses zero
me 2... sad how r...slams us and doge... someone pointed out just invest in whatever they hate! lol
kishu is more likely to drop a zero before shib might.
east coast of india??
>eventually there will be no more shib left to purchase not quite true. it cannot ever get to 0 shib. there will always be shib to purchase, but there will be less in circulation, which means higher prices. hopefully the devs listen to our desires and increase the burn rate, which will not only inherently increase value, but will also drive public interest.
stay in coinbase. goto counbase pro. i beg you not to come into crypto dot com. they will charge over ten percent of your coins when your done trading from one coin to another
if it continues this way, of course.
we all saw that coming.
would you look at that, all of the words in your comment are in alphabetical order. i have checked 323,565,059 comments, and only 71,757 of them were in alphabetical order.
scam avoid at all cost!!!
.00005036 on coingecko rn
also we’re almost at .00005000!!!
yeah but i like saying it because there’s a lot of newbies, and at first i thought posts like were from people who had been around long enough to understand the patterns. i have found out there are no patterns lmfao. i don’t want anyone to mistake my hopes for shibe’s success for like, good financial information lol.
i'm from nz, i'm a day ahead, we're at 0.042069
that's when you drive your lambo for doordash.
get it fixed. go back in time to buy more shib. this is the way.
you have to buy my free book
gracias. please pay with shib.
the australian dollar is also losing value compared with shib.
you have to tap really hard on your screen.
i’d rather it shoot straight to .01 by dinner time
someone definitely pulled out lambo money and knocked it to 47 just 3 minutes ago.
hey that is happening a bit rn
if we get one lmao!
we in the dip. next year it will cost much, much more. 🚀
we’re still in the dip bro!
agreed. i sure don’t want to be working for ages
never to broke to invest. just have to understand the possibility of losing it all.
i was going to ask the same thing. that seemed like a weird comment towards us outside the us, sorta, did not it?
so you're saying pump and pump ;)
stop being a buzz kill, plz. the message was to hold, not to wait for elon.
good thing you’re right
how can you withdraw or transfer out. please help
be careful sell at tips and re buy at dips!
lol we have already done that
nope, if you buy .00008 it have to a) drop a zero and b) climb to 0.0008 to make 10x you initial investment. dropping zeros does bring us closer to some hodler's magic amount, a penny.
say all they want but we laughing on our way to the bank . pssst hold that door for me !
a good platform to buy kishu? good and reliable one at that.
got delayed by a day but still have the right to say "told ya so"🤣🤣🤣
just being realistic 🤷🏻‍♂️
the us. probably should’ve been more specific. :)
fair enough, i figured i'd be wrong with some things, thanks for the correction.
you have wayyyyyy to much time!
it’s gonna hit 1
i like how smooth you answer
found the marketwatch reporter!
still today my time.
you read that upside down... it is .0069420... i forgive you though.
good to see a fellow kiwi!
this fucker right here lol
imagine doing doordash in a lambo and the customer looks at you like swaggy p's wtf face
i will deliver for doordash for a day if i get lambo money with this crazy inu bitch!
how shib or $?
i like this guy's hypothetical better
just a bit. i'm up 36,000% now.
this ship only goes up!
all is doubtful. half? sure. 3? it’s a possibility. but all? barring the internet crashing, highly highly doubtful.
as long as you don’t dump!
i own doge. i'm still holding doge. but those goal days always seemed like a mistake for me because it was just a target for whales to sell.
if you want to goto meta mask sign up w them or coinbase. they will provide a wallet address then transfer w some fees. if fees r high, wait til late night. should b mcuh cheaper
just realized that. so i have to ask math is not my strong suit but if i put 1 grand in shiba and it losses two zeros how much would that 1 grand be worth
guy actually said if you want to invest in doge that is fine if all you care about is money! i do not give a shit about anybody's technology all i care about is retiring. don't mean to be an asshole but if you're not here for money and you have the privilege to think that way it is because you already have a lot of money. you know what i'm saying?
i bought all my kishu inu on hotbit.
shib still has not dropped another zero yet.
just bought 1.4 mil more to make 10 mil :,)
ina real world it’s .0042069420
that's when i get them to buy in to shib and then i buy a 2nd lambo to pick their wife up in when she ubers home from work later.
it’s 1000% per point if i’m not mistaken
taking a dump while reading this...
goals versus price target 😘
how long on big exchanges haha, mine dropped already for some reason
your wife should be driving a lambo instead of using uber.
pump and dump in my mouth
i’ll check etherscan (just checked and vb personal wallet only has 4.6% there is a burnt wallet at the top of holders with 41% so yes i believe it’s true !!! 🔥🔥
what! we called it!!! what a plan all along
guys we deserve this. to everyone who stayed loyal and held let’s go to the moon 🚀🌖 thanks for the burn vb
yes. he burned it. if you held like diamonds baby enjoy the ride. shib for india. now go apologize to vitalik buterin and hold 💎🐕🥰
wow let us bring the house down then. congrats siblings
edit: can't remember the original sauce but here's a reliable sauce of a difference flavour: from vitalik "i've decided to burn 90% of the remaining shiba tokens in my wallet. the remaining 10% will be sent to a (not yet decided) charity with similar values to cryptorelief (preventing large-scale loss of life) but with a more long-term orientation. covid is a big problem now, but it is important to think about the longer term future too!simply holding the remaining coins in the 0xab58 wallet forever was never an option; for security reasons alone they would have to be moved to a better wallet eventually, and any transaction i make would get interpreted as an action. so... may as well just do the useful thing immediately.i've actually been impressed by how the dog token communities have treated the recent donations! plenty of dog people have shown their generosity and their willingness to not just focus on their own profits but also be interested in making the world as a whole better. i support all who are earnestly doing that.but for anyone making coins (or daos, or whatever else) in the future, please do not give me coins or power in your project without my consent! i do not want to be a locus of power of that kind. better to just print the coins into the hands of a worthy charity directly (though do talk to them first)." what a fucking legend.
indeed. bring me my riches
how long do you think till it bounces since the whole market is down again
from vb i've decided to burn 90% of the remaining shiba tokens in my wallet. the remaining 10% will be sent to a (not yet decided) charity with similar values to cryptorelief (preventing large-scale loss of life) but with a more long-term orientation. covid is a big problem now, but it is important to think about the longer term future too! simply holding the remaining coins in the 0xab58 wallet forever was never an option; for security reasons alone they would have to be moved to a better wallet eventually, and any transaction i make would get interpreted as an action. so... may as well just do the useful thing immediately. i've actually been impressed by how the dog token communities have treated the recent donations! plenty of dog people have shown their generosity and their willingness to not just focus on their own profits but also be interested in making the world as a whole better. i support all who are earnestly doing that. but for anyone making coins (or daos, or whatever else) in the future, please do not give me coins or power in your project without my consent! i do not want to be a locus of power of that kind. better to just print the coins into the hands of a worthy charity directly (though do talk to them first). link to the wallet:
oh shit boys and girls...oh shit!!!!
what does this mean? i’m only a newbie with 16 million shib.
i love all of you. thanks for holding. see you on the moon. this is the best community i ever been apart of. held on to 350 mil. let’s go shib army. screw all the haters we bout to get rich
paper hands crying now! 🧻🤲🏻😢 congrats for all holders and soldiers that endured throught the fire! 🔥🤲🏻💎
not only did i hold, but i bought another 40 million when it was .000013. i now hold over 70,000,000 shib.
he fucking burnt them cannot belive
it’s going up !😅
currently holding 2.7m, its not much but i hope we make it to the moon
me upvoting having no idea what is going on byt seeing that my community members are excited!
every body in the house. common shake that booty. oh yeah bithezzzzz
that was very smart from vb to donate 5% of shiba inu and burn the rest. by doing this, he make sure that the value will raise instead of giving all the tokens and causing a huge crash, hence he avoid to reduce the value of the donation for covid india relief with the 45% shiba inu token he burnt. that will also benefit us at the same time i think. not sure, if my idea is clear, sorry i had to edit, it was a bit confusing first. 😅
so .01 is very real now?
should we buy more right now?
yessssss. and to all the fucking haters eat shitttttt
gooood let's see if we can get to 0.0001 in a few days 😁
wow ,i have no words. but wow.
new to crypto here how to know if real?
what brilliant timing with shibaswap in the pipe on top of the pr from the india donation & early investors.
that's awesome. and nice of him. a lot of dick heads were pissed at him unfairly - he never asked to be a part of this. and the second he gave it away to such a big cause you should have known he was not going to tank it and let his charity be worthless. the only people who deserved ire were the developers -- but their publicity stunt gamble may have paid off. we got more coverage in the news, we're helping india, and now that the "what if" has been mostly burned, we should be looking real good!
i still can’t get over the fact that vb just basically chucked like 5 6 billion dollars worth of money down the drain even the richest man in the world wouldn’t do that he’s obviously got an ace up his sleeve the guys a genius
yes it is lol already was on etherscan
it's all i asked for, and i am pleased. i will shut the fuck up about coin burn now.
i... wha...??? is there any way this is not a dream?? can this be double triple confirmed?????!!!!!
thanks for the burn vb ! your a god
how many left now?? now we have a chance hitting 0.01 sooner
i was doing some math 🧮 could be dead wrong but with the shibas burned from vb with the new ratio and the marketcap it should 100x the actual price?! or does the shibas marketcap lose 40% from 7bil to 4bil?! drinking beer 🍺
am dumb can someone explain meaning ;-;
everyone better be fucking holding
i’m confused no idea what these means at all. can someone please break this down for a fellow shibling
i’m sorry what does this mean? i’m new to this and the lingo. thanks for any clarification.
thank you very much 👌best news i've heard...fair play to him👍means the price can increase now with no major rug pulls 📈🚀🚀🚀🚀🍻🍻🍻🍻
i bought at the dip
so what does that mean in english? the float just got lowered by 400 trillion?
what does this mean??
what proves that nobody has access to that "dead" wallet?
holding 50 million shib since 0.000008!!! proud 😍🐶🚀🚀🚀🚀
im embarassed... where are all of those haters that insulted me when i tried 1000times to explain them the strategy of vb and they shitted on me? saying that vb pull rug on us to destroy shib👀 now he just associated his name to the coin and the community. as said before...
how to join on thiscord?
let's fuckin gooooo!!! 💪💪💪
well played! now its up to us if we really want this token to sky rocket!
soooo…how high can shib go considering all of this? is 0.1 possible?
wait so he burned it? like the other percentage he had?
amazing news! what an incredible turn of events!!! add to this shibaswap being tested tomorrow- strap in everyone
this is great fucking news! all aboard the rocket to the moon! anyone else buying more after hearing this?
this is indeed accurate
when will we see a spike or a upward trend ? ?? what does it all mean
it is real...!!!!!!!!!!!!!!! let's go army. buy and push
what does mean ? is it a good thing? 😅
tears of joy 😭😭😭😭
blessed!!! won’t lie this week has been a fucking rollercoaster trying to decipher what his intentions were with that donation. this is the outcome we all wanted and deserved see you all on the moon 🚀
i'm gona shiba so hard right now
i wish the market cap:/
i did usdt to shib bro
share this !!! to the moon!
history in the making, i wonder if this was his plan all along.
oh yeah shiblings. a pun on the word
what is an 0xdead00000 address?
so does it mean that it has a chance for .10 cents ? 😳
so would that mean a smaller market cap to hit a penny?
i couldn’t ask for better shiblings. we have a strong family and an even more powerful r. stay strong hodl for the long.
someone explain what’s going on like i’m an idiot
i want to personally thank vb for allowing me to
please go to the moon, shib. i want to pay off my husband's girlfriend's lambo.
i hope this true.
that would have dropped the price a lot more than it has. i'll be really surprised if he has.
price hasnt budged. in fact, trending lower since this broke. wtf
how to convert to shib
wish i could access the shib i purchased in trust wallet. any advice folks?
never spited but will take the bump this gives
what app is this on and do they have their own telegram?
i am a new shib member — can someone explain how is this good news for us? thank you
100% real. buy and hold.
shiblings are siblings holding shib coins til it hits the moon
it is the official burn address. nothing can ever comeout
ok i like him again now
so what does this mean?...
it’s real, go to the etherscan and check it out. 2 out from vb of shiba token for real heavy amount
yes sir it’s reall
new to crypto. so what does this mean?
more real than me...
can someone explain what this means
for his fucking safety he burned it. i bet he received more than a few “fuck you vitali” messages as well.
i never once cursed him, i applaud him for his generous humanitarian response and knew he has a plan to get world exposure for all of us! 🙌🏽🙏🏼
so if vb sent his remaining tokens to a "burn" wallet that means the supply has not changed. thus the value nor tokenomics has changed either. i suppose i'm understanding the philanthropy behind the decision but it does little to nothing for us hodlers in terms of value.
stupid questions. what is burning tokens and how is it accomplished? what is the resulting effect?
i’m just a gambler so idc, pump or dump i’m holding til this becomes wife changing money. i’ve already written off the small amount as a loss from day one when i bought this high risk high reward meme coin. no emotional ties to the few hundred that i mentally punted already. lfg!
all the bitch ass fools in here that were crying like little babies smh
newb question here how did vb get half the supply
let’s make it a deal on a set target price sell 5 -10 percent of our shib token and donate it to charities
what does burnt mean?
only 525t left in circulation.
im sitting ay 10.3 mil... will that get me happy later?
nothing happened and its been like half a day since the guy burned the coins... not sure what to expect from this as i am new? doesn't seem like anyone's going to moon anytime soon though. its more like the wright brothers first flight than anything else
im new in this, what mean this now? we going to the moon?
with that burn, shib shall definitely rise in price. it will take a while i think. anyway good news for the shiba community.
this is a community, i am proud of being part. see guys we can achieve many things. all those who are crying about everything, i can only recommend to stfu and start seeing only the positive aspects.
why isnt the price of shiba gone up if he did burn his coins. how much worth of shiba did he burn?
guys we made it happen, well done, if this tue, but the chart has also found support, which correlates. ' good work... never stop until you get what you want
what does this mean? i understand means less coins so the value should shoot up? why has not it? is it something that still takes time?
can someone explain what this means in plain english? :) thanks
me: babe her: what? me: wanna get a divorce? hahhahaha bout to catch that single life money!!
let go baby to the moon fuck all the hater 📈📈📈🚀🚀
to .1 in a year now pleaaase 🙏🏻🙏🏻
where is the actual link to verify?
it's already up but will be pretty toxic for a few days, with all the paper hands dumping
sell the scam before all you see 00000000 funds thissolved
how did he burn 410 trillion if there is only 395 trillion total ?
if only it were true
calling all crypto people... get into doge before we take off 🐕🚀 or don’t idc. your loss😂🐕🚀🚀🚀
let’s go! everybody who cried we mopped up your tears and put that into our bucket. thanks for the bags! 🚀💎
where’s admins to telegram
fucking paper hands, feel real bad for y'all! patience is a virtue.
wow! that is awesome. everyone needs to get on vb's accounts and personally thank him for his generosity, firstly to india and secondly to shibaarmy thank you so much vb. great move keeping 5% for the next donation. i'm sure shiba army fully support this!
ok can someone explain what’s going on? is that good or bad?
can someone explain to this noob what happened and what “he burn it” means?
when asian market wakes up and stop the bots this thing is going to lose maybe a couple of 0s!
bois and gals we have initiated launch!!!!!!
so how high can this thing go? cause i bought just before the dip and i’m tryna figure out what’s the move lol
if 40 percent is burnt why did the price only go up 15 percent?
what does that mean if all those coins are burn 🔥?
how to know he burned the coin exactly?
hi new to all this crypto stuff, does this mean they burned some of the supply?
shiba , leash and bone ... shibaswap moon 🌙
can someone explain what this means for us hodlers
i really hope so !!!
burn more - buy more! to the mars!
where's the pump 😔
hey i’m a newbie to crypto and own 3.5 million shiba could someone explain this to me
i never doubt him! i bought when some were screaming sell !💎🙌🏻💎
can somebody explain in simple words what this means?
sooooo what am i looking at ? i was going to diamond hand till next year anyway but i am curious to know what’s everyone’s excited about here ?
seen this. bough back in. 😂😂😂
well this just got really interesting!!!!!
this is the biggest thing that could happen for the coin. that’s fucking massive! shib go brrrrrr 🚀🌔
+10 mil to my wallet off the back of this woo!
now you 5 year olds can apologize
11 million shib ready to rock
shiba whales should burn their portion too!! upvote to make it happen!!!
best post of the day
omg is real 🔥
he did the right thing👍🏻
i knew he was going to do this. i never doubted the guy, it is on his chain. it would have been bad business and advertising for eth.
what does this mean for holders? (sorry new to crypto)
whoa that is huge news
i’m kinda new, can anyone explain?
in like two days shiba will go crazy
eli5 please? i am new to crypto but i own 1.5 mil of shib lol
woot i was buying the dip today like no way this could be a bad move
vitalik is the king of shibarmy!!!!!!!
alexa, play we’ve only just begun
more potential to a penny?
i see people here hold billions and trillions of shiba, in a good case scenario, realistically, how much do we expect shiba to value per 1m?
in fact, devs gave vb the tokens, he burned them to do the right thing cause he is not involved in shib.
legit just said same thing
so can my measly 70? (would have been 250’t for bs gas charges 😡)
totally gonna be buying more doge when i get rich from my 10 mil of shiba. 😎 prolly buy som more on these lows.
yes it is! confirmed
if there is a whale in this group, sir, please hodl til we get our millions and you can get your billions 🚀
yessss!!! thank you!!! to the moon we go!!!
vb burnt 90% of his shib token=40% of total shib token
how much of a raise can we realistically expect? i just bought at 16
what does it mean to burn the coins?
i’ll buy more for sure now.
great move from vb although he didn’t mention shib which he should have specially if he says he respects the movement and charity of it.
bought in at 0.3, come back for me guys
can someone explain to me what im looking at please. whats the good news?
when will price start climbing?
what if someone buys trillions of shib then burn 50% of coin, it will increase coin value and he will get huge profits as compare with trillions coin. is am right??
what this means? burning?
to the mf moon!!!
who dafuk is selling at 0.000019 ? these paperhands never learn
so what’s the market cap since 410t coins burned? is it the same 6.9b as current?
time to buy more while you still have a chance!
well guys. looks like shib can actually hit 1c.
this news just made me bust a cardinal rule. just doubled my stake. onwards and upwards!
100% confirmation that this real???
here is the screenshot for ppl who dont want to go and check thru ethscan
my family crypto group is so excited! we strapped in and ready for the ride! 🚀
the woofmiester has spoken!! he wants shiba inu to help people and causes. he wants us shiba army and the shiba to represent helping people. the "real" people's coin. i am honored to hodl for the next charity he picks. thank you for listening to our community vb!!! upvote me on this thread if you agree!!!!!
boooommmmmm! let’s go! holding 500m! diamond hands baby!
just purchased another 7 mill. early retirement here i come! beers on me boys!!!
shiba to the moon!!! once shibaswap comes out it going to the moon be ready folks!!!
newb here. so what does this mean?
bless his soul. couldn’t be more proud of a human being
over 1 billion volume usdt ... this is crazy 😱
can someone explain to the layman what this means for shib
please explain what this means?
diamond paws!!🐾🐶🐾 you just gotta sit. stay!! and enjoy. the. ride!!🚀
faith restored. i am now doubling my current investment in shib.
can someone eli5 why this is good?
can someone explain what this means?
so this means he got rid of moss of his shib in his wallet, meaning there are less in circulation so they’re worth more?
vitalik buterin is a hero man !!!!! ❤️❤️❤️🤲✌️
new to crypto, what happens when you burn them... take it easy on me. is this a good ?
ok, why are other people sending to a dead wallet...?
well, bought 20,000,000 more because of this post lol
so happy i bought 2 more molly. now sitting at 10.5 milly!
what does this mean? can someone please explain?
just bought 7 million more let’s go to the moon baby
shib is my dawgggg!! also feeding corgi--- hopefully early to this one only 727 holders rn \[website: \[ etherscan: \[ discord: \[ reddit: \[ telegram: \[ dextools: \[
this is great news!!!
o.m.g held that bag and here we go!! 🚀
i could cry rn 🥲🥲🥲
binance and crypto.com send some tokens to the (burn) adress too
where’s lambo? no where’s bugatti?
yes is real here the link you chan check by yourself
so how many coins are there exactly now
on that note! when is shibaswap releasing!!!???
from the ashes we rise 🔥🔥🚀
so does this mean there is 50% less shiba coin out in the wild now? time to see some profits. lol
thank god, haha! have been holding this whole time, up from here!
to the moon my kings and queens! 🚀👩‍🚀👨‍🚀
where does one buy shib?
noob here. so this is shib on crypto.com? looking to get some long term investments in something.
i’m holding 7.5m please tell me that’s enough !!
brand new to shibarmy... what does this all mean? also good news for me. tomorrow coinbase releases the hostage xlm i have so i'm allowed to transfer to kucoin and convert to shib... i am not a fan of coinbase and their 6 day waiting period. next time i know to use a debit card and not bank info.
currently holding 1.7mill. to the moon 🚀
how do i buy this ?
that’s awesome. i not a hodler of shiba, but with all musk fuckery going on this was some freaking news. true crypto heads prevail.
please help me understand; how does this burn help when there is unlimited supply of shib?
already held 2 billion shib...after reading this i bought another billion. let’s go!!!!
it did a damn thing.
how do you see the ‘burn’ 👀😅
yes it is real as can be... be[sweet...](
heck yes my shiba family. hold the line the best is yet to come...
hey guys, should i buy 10 million? or would i need to buy alot more to see myself in the thousands?
i hold 10mil right now. got nervous today when it went down lower than i bought it but i didn’t sell. thank god. man this is gonna blow up and go all the way, i just know it.
let’s support eth too
newbie for shibarmy. bought 28m today.
i’m going to buy more shiba i’m going to be rich!!
i just bought a little over 7 million. did i buy at the right time?
i know deep down he is considerate and honourable!!! let's keep buying and hodling💎💎💎💎🚀🚀🚀🚀
time to buy again but wait it goes even still lower
is it real or fake so everyone can keep buying 🤷‍♂️
its still low! even lower
this is a pleasant surprise, just goes to show we should never assume the absolute worst.
see, good things go around and come around. let's spread love and light together ❤
ether trash doge supreme
isn't that 550 trillion?
sooo... every person that carried on like a bitch the last week needs to 1) send an apology to vb 2) apologise to the rest of the forum for making us have to put up with your crying 3) go and buy 20mill to help keep things rolling. 4) smile and start being positive around here. you got what you wanted. this shows that vb and ryoshi are listening. let's not be the spoilt kid who does not appreciate what he gets. let's give them some positivity back. 😁😁😉🚀
this might sound noobish - but i have 5.1mil - which from reading isnt much...and yes i am a newb - this looks promising for buying more it seams
so is that mean he destroyed the tokens?
lol the funny thing is ... i have 50m shiba... i was about to sell them the other day but didnt have the eth to make the transfer happen... so i slept on it a few days lmao... but now im not selling because of this news
im super sad bro, literally spent my savings on this because i knew something like this was going to happen ...only problem is i bought in at 0.000032 loooooolllllllll and now i cant buy more because lads, vb just sent us to the
u think it change the price somehow ?
guys i joined this army a little late. please enlighten me as to what's going on
you telling me people sold instead of buying more in the dip?
if the coins were burned already, why did the price go down?
awesome just bought the dip lol
should have bought more yesterday 😫😫 but i’m happy with my 20 million
total newb here but i kinda get it. so when could we expect the price to go up? as it’s only gone down today
are we talking about doge stock prices or actual mined doge coin? i'm so lost when it comes to crypto... i do own quite a lot of shares of doge tho so if that is going to boom it would be real nice
just 6.5b in value!! what a legend!
[ is this possible to use this as an anthem for shiba going to the moon ?
this realization happen 10hrs ago. shib still sinking. now what.
are you guys actually asking who vb is.
now i am buying, i had a snall bag but i did not want to add more because of vitalik. now is worth it.
holysmokess...its real. by tomorrow its gonna be a big news all over the internet.
buy and burn this is the shibainu law
just checked coindesk! it has happened!!!
what does this mean for newcomers such as myself? i’ve got 1mil coins but happy to start somewhere
plot twist. the price barely changed 🙇🏻‍♂️
i just burned 1,200,000 coins
what's the shib circulation in comparison to doge now? ...just for reference.
i was ready to sell my stock because i’m struggling financially. now i am ready to hold on because the gains can be huge, friday isn’t too far away!
hi guys, i do not understand the hype about that news. why everyone is so sure shibe will go up because of that? don't get me wrong i have some m of shiba, i really wish you are right.
can anyone send the thiscord link ._.
yep its all true i can confirm! i was there last night it crash hard then i bought the dip then checked etherscan. confirmed its with everyone else in the group 100% true! ' not only that random people and binance was doing a burn aswell
wow hope it is🔥🔥🔥
what’s going on ? i get all the news but what does this mean for shiba ? the price going up ? and how much. also i own a measly 2 million tokens, which is like 40 dollars right now. i want to get more but coinbase is being trash rn
hello, correct me if i am wrong but i think vb burning almost all of his tokens has no impact on current shib valuation or price. let me explain: according to shiba circulating supply is 394,796,000,000,000 shib, so vb's amount of tokens (originally 500,000,000,000,000 shib) was not included in market cap calculations (mc is ,418,419,500 right now, so 10x increase needed to equal doge's mc and beyond that there is not much room for growth for a memecoin). if vb's token burning affected the market cap we could be bullish because that would mean there would be more room for growth based on a sudden decrease of the market cap. but that is not what happened. what happened here is that vb donated 1,000,000,000,000 shib to india and he just announced that he will donate 10% of his remaining tokens to another charity. so that means trillions of shib being injected in the market. that is the opposite of good news. that means increasing the circulating supply, thus increasing the market cap (limiting growth capacity) and since the tokens must be sold to make the donation actually useful, that means constant selling pressure in the coming weeks. that does not sound good if what you expect is huge price growth. i was thinking about building a position in shib but this recent vb donations coupled with btc recent decrease in price scared me out. please make me join your army, i just want to believe. sorry for my english, i am from spain. good luck.
those tokens have never been in circulation, thus not reducing supply. the only thing this shows is that v has zero confidence in shib. this is not good news for shib holders
what does this mean? i'm new to crypto 🤔
is 1.2 million shiba coins a good amount to buy or should i get more? (was only .0002 each)
i am not sure what all this means. i am new, so him burning 40% means what?
vitalik woke up few days ago and choose violence... today he woke up and choose peace
i'm so glad i held. buying more while still cheap! 🙌🏽🙌🏽🚀🚀
the shiba god has delivered!! what an absolute💎
hopefully this is a good sign and my 100 can become enough to cover my student loans. if not, then it’s fine i guess since i’m comfortable with losing 100.
i am now a proud owner of 74.5 million shib. bought around .000016 and .000017. i’m excited not only for myself, but those who have diamond hands and didn’t sell when they saw their investments split in half. see y’all millionaires on the moon, you sexy b*tches!!!!
now could someone please tell me tge overall percentage of the burnt shiba coin? i'm still confused
no it is not true cause you put the wrong numbers down...he burnt 90% of his remaining wallet which was ~40% of shiba total supply.
12 millon and chillin
vb your generosity is overwhelming! thank you on behalf of the loyal shib community who will change the world!
how to purchase shib with lower network fees? uniswap? cucoin? binance? cucoin and binance charge . i do not think it is safe to leave it on the exchange.
next step is shib transfering to the cardano blockchain when they activate their erc20 converter 👀
getting out of shib was a smart idea
i'll be surprised if this pamp lasts
happy i sold everything at 28. good luck getting back up to that. it’s already going down again. don’t get caught up in the moment. ignorance is bliss
i like shiba but i choose bull market coin from binance chain . bullmarketcoin.com
help me please i do not have money and i want to participate in that thank’s 🙈🙈🙈🙈
let’s not forget the huge mistake that was done and let’s not keep saying “shib for india” anymore
i don’t understand. vb didn’t send shib to india?
i am confused because initially the tokens were said to be “burned” to vb’s wallet. they weren’t counted in our circulating supply. well as we all know vb brought some into circulation and now he has burned the rest. correct me if i’m wrong (and i very well may be...no need to be douchey) but this this doesn’t significantly impact our circulating supply, right? because our circulating supply already did not count what was in vb’s wallet. edit: this is a sincere question because so many are saying this increases the coin’s value so much because the tokens are now burned. but they were already “burned” and not counting in our circulation.
will it shut people up...? nope. they would not be happy because odds are that was never the problem. odds are the vast majority of . they are civilians who buy through an app and know nothing of the landscape. when the price does not get to the point when a lambo magically appears in their driveway they will find some other scapegoat to blame it on, probably the devs.
what does this mean? are we all going to the fucking moon baby?
he transferred to a dead wallet can he withdraw any time by any chance ?
[here you go!]( 🥳
it is. just checked
need to get shib on stocktwits trending. get the word out!
completely new to bitcoin, dogecoin etc but is it worth looking into buying and how to buy into this currency?
i’m sorry i do not understand the context of this. can you please help? i think i am just missing a vital piece of context
i didn’t stay loyal... i bought 300% more. i stayed loyal!
well when should it start picking up then?
well people gotta make back their 60% losses first before we start talking about diamonds lol.
i bought an additional 42 million since his donation. i did not know he would do the right thing, but now i am extra glad he did.
holy shit, i just bought a couple of million last night. holy shit, i came in right on time
what does this all mean for someone who just got into shib
i should apologize i cursed him out, spat on his name and everything
sorry i called him ugly names.
yeah seriously there was a lot of hate towards him in this sub in particular. it's a good example of why jumping the gun is such a bad idea sometimes.
sorry vb for my past inthiscretions. 💎🙌 regardless
i hodl from all the way at the 33 range til now!!!! was losing so much!!! i am proud of my diamond hands!!!! and you shiba holders too!!!! i believe in us now so much!!!!
hopefully this does result in a move upward. so far i’m not seeing it today, but time will tell. i’d really like it to at least get back to where it was when i bought in. being 50% down burns.
i'm new to all this. what does it mean to burn coins? he sold them or they are out of circulation or what?
it's great but not so fast" he still owns 750 million dollars of shib, and pledged to donate it, that is enough to crash shiba 10 times over!
>shib for india don’t ever say that again you fuckin moron. that was the only reason we were in this mess; prices wouldn’t have gone down so much and vitalik wouldn’t have to burn so much worth of shib. just stfu and learn from the mistake that was made and do not repeat it anymore edit: people are literally so stupid, they don’t want to face consequences and prefer to delude themselves in the name of “positivity” than be cautious about other possible forms of negative outcomes. you people don’t deserve anything good in life
when i'm a millionaire, i'm buying more dogecoin lol
he just straight up burned so much money lmao. what a mad lad.
price hasn’t incresed much. thoughts on long term? this is a huge deal of course.
how does someone burn coins??? i’m new
india brought attention... the selfish sold of unbelievable mental desperation... i think we were warned a head of time. the excess of some irrational g's collected new hondas and maybe a decal printed sticker. paper is not green...its not tangible 01001100. gregg likes paper. he'll buy your honda... burn baby burn... vita m and see all bud 🔥
who cares at this point scoop up and buy buy buy and hold if it gets near a penny life is good
>i should apologize i cursed him out, spat on his name and everything its going to be down as long as bitcoin is down. majority of coins move with bitcoin so watch bitcoin. there is a chance btc with dump again so prepare to hold and buy the dip.
market is always down on a monday, from what i read
it’s already climbed since my last buy at 0.00001230 or something
already bouncing my friend
i just bought 70mil more shib. it’s going to shoot up, just hodl
do you have the source of this post? not saying i do not believe you i'd just like a source
link to where vb said this?
update - i created an account and could not find the note, not sure where this is actually posted, rip the message is a private note attached to the etherscan link for those who are asking
where is the origin of this comment. can you provide a source
ya no one is saying where they got this note
this means that we get to see the weak sell on the pump, and make a quick buck. don't be fooled. hodl 🚀🌑
i'm poor, i just was able to get 3.5 millions few hours ago before this.
i wouldn't say they are crying as it is still less than half of what most of us bought it at. lol i've doubled down.
i too bought 40million, but at 16. what gains could we realistically expect?
i held and bought another 20 million a couple hours ago. this is the way
get ready for mooning
i do not get it. how is helpful
just keep your arms and legs inside the rocket at all times fren!
that is correct - its better to give less coin with high value rather than give lots of coin with no value. by doing so, vb donates coin to india originally "1mil in fiat" and soon will be "3mil in fiat"
i claim this for the past days! i was fighting for this and trying to be sure everyone understand the genius move. it was hard to speak to a wall
more coins need to be burned, more publicity and more businesses accepting crypto.
do the math what is the market cap at .01
you should always by more... (not financial advice)
i know right, "but muh rug pull..."
eat a big bag of shit 🚀🌑
don’t say it! they like it 😂🤣
yes. some people will continue selling + the whole market is down so don’t worry if it doesn’t get to the moon directly now. but now we are safe + great exposure! lfg
[check etherscan!]( 🥳 all transactions on the ethereum blockchain are public, so you can see when funds move out of a wallet. in this case, you can see the 410 trillion shib being sent from vbs wallet to the ‘burn’ wallet. the keys to the burn wallet have been destroyed. 🥳🚀
the last thing on earth i would think about as a billionaire is another billion dollars, maybe he is actually just a decent human.
without people like you being vocal about it, it may not have happened so thanks!
musk drop in legitimacy more and more while vitalik just build his house on mars! and pull us with him ahah
please fasten your seat belt, and keep your arms and legs inside the rocket 🚀 at all times! 🌚
burned coins = less supply in circulation =
the guy that had half of the existing coins, and caused the "rugpull", just destroyed the rest of his coins. usually a big burn is followed by a massive increase of price
means strap your seatbelt on and keep your arms and legs in the spacecraft... we going to the moon🚀🚀🚀
it means we're on a voyage to the moon🚀🚀🚀
people here are scared pieces of shit that are probably over leveraged
>cared pieces of shit that are probably over leveraged they all secretly bought shib
i'm not even on thiscord my dude. it's just gave me one with my google games account, so i get random notifications, and thus just so happened to be one.
i'm selling half if we make it to .1
around 40% of the total amount of tokens is just gone, so the demand
seems very good timing the shytoshi tweeted that the stars were aligning. i mean, swap yes, but stillll.
shibling... i like it... it shall be part of the vernacular of the community.
dead wallet which means that coins gone
he has. 410 trillion!
which exchange are you on? i only know gate
as long as it’s not uranus
shiba devs sent vitalik trillions of coins without his consent. they sent him 51% of the coins in circulation. who knows why. some say it was a marketing stunt, some make conspiracy theories that it was agreed. we really do not know. i accept the official version. as long as the coins remained in vitalik's wallet, they were out of circulation. vitalik, who did not ask for the coins, donated 10% of them to some found for india's covid relief. now trillions of shiba coins flodded the market driving the price down. what's worse vitalik still had possession of 40% of the coins donated to him. what would stop him throw more in the market later? imagine someone slipped in your bag trillions of zimbabwe dollars. what would you do with them? anyway, apparently this vitalik person is not a dick. he taught us a lesson not to pull his kind of bs and then burned the rest of the coins so they would be out of circulation for sure. he probably considers that a lot of poor people have yolo'd their hopes to this coin and does not want to ruin them (us). from now on the fear of the coin tsunami has vanished. he still has many coins remaining and he will donate them some time later. however the worst case scenario is gone.
it's demand. if demand is greater than the supply. the price goes up !
to the moon shibabro!!
to the moon shibabro!
if the tokenomics do not change then shib really only has about 10-15x potential left. maybe it becomes a very popular swapping platform and it really does succeed. i'm just thinking onto a subreddit here.
no amount of analysis can surely predict whats going to happen. price just does 2 things. it goes up or it goes down. simple.
it could be wife changing for sure
is that all 😂...
vitalik (vb) who held 50% (45% after donation to india) of shiba sent it to a dead wallet which means it cannot be accessed... ever, he has his reasons for this which are making the rounds at the moment. this can either mean 1 of 3 things, firstly it means the coins available has halved and with scarcity comes value(look at bitcoin) so people may start investing more heavily into it. secondly, people may look at it as a joke and not bother investing and the price will remain about the same bouncing up and down. lastly, everyone gets cold feet and jumps ship (highly unlikely). whatever the outcome its not going to be overnight and we should start to see either a steady decline or steady climb over the next few months, as someone with 80 million(.000036aud) shib im hoping for the latter of the 2. i believe its very worth investing in with things like shibswap on the horizon big things are coming to shib, also if nothing else its a kick ass community that is doing a lot of good for a lot of people. anyway there are people that are much more educated than i am on crypto but i'm 90% sure this is correct. ps. i could be completely wrong and shib rockets to the moon overnight, stranger things have happened.
shytoshi confirmed in discord
can’t believe he burned the 410 trillion. to the moon boys 🐕🚀🚀🚀
bro, it is real lol
bro wake up its real. i know that it hard to believe but it is fucking real!!!!!
because there are still too many paperhanded sellers gaining profit from the incremental spikes. best way to counteract that is to buy their coins they are selling and completely holding. the more you lock up and don’t give it back to them at a dip the more scarce the coin and the higher the price for what is left circulating. the less circulating the higher the price. * *not financial advice
woot i wast buying the dip the present day like nay way this couldst beest a lacking valor moveth *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
shib creators sent 50% of coins to vitalik, the creator of eth for some reason. he’s the guy that donated 5% of that total (like ) to india’s covid fight. he just sent 90% of what he had left(40% of total shib) to that “dead address” mean the coins are now out of circulation. so what was 1 quadrillion coins is now closer to 600t coins. still a huge market cap, but no chance of a giant rug pull, and it should mean that once all the sell orders people placed get resolved the coin should go up. imagine it should be big news when people wake up tomorrow…...
higher price of one coin.
are less coins in circulation and the price will go up... the burn coins thisappear forever, nobody can use it anymore... then now the total supply have 50% less shiba in the system for sell...
it will reduce total supply in market and if demand goes high then there is more chances of prices going higher.
because are less coin in circulation and the price will go up... the burn coins thisappear forever, nobody can use it anymore... then now the total supply have 50% less shiba in the system for sell...
yes, it is good, because are less coin in circulation and the price will go up... the burn coins thisappear forever, nobody can use it anymore... then now the total supply have 50% less shiba in the system for sell...
how do i do that? i have 15 million and willing to burn 1 million of it.
anyone know what discord this is? a shiba army one??
that depends how much money you are hoping to make.
there was never an unlimited supply of shib bro.
matic might be cheaper lol. just bought some shib after the burn
are you surprised? lol
just sent them to a dead wallet so they are useless.
already did go up 40% when the news broke. price has returned to normal and dropped a little on top. boat missed.
because the coins were already 'burned' to vitalik. by the dev's standards and own admissions, there are exactly the same amount of tokens still in available circulation. people have realised and all hype has gone.
price jumped 40% about ten hours ago when new announced. it has since dropped back to where it was, minus a bit more. boat missed son.
btc is tanking remember
that website was put together by 12 year olds... does not instill much confidence.
blame elon,,, entire market being dragged down by his irresponsible tweets.
it's already been up 40% and dropped again. you have missed the boat.
if the moon is the next step up from your nan's basement then yes.-
>yes. he burned it. if you held like diamonds baby enjoy the ride. shib for india. now go apologize to vitalik buterin and hold 💎🐕🥰 great
what does the private note say?
even cexs are burning. what's happening?!
yo so when does this mean its blowing up? in like 10h or smth?
you can buy shib on the crypto app
imagine you have 100 apples at , but to make the cost of those apples to high, you have to have less apples meaning less on sale, well what you do? throw away 50 apples, that way now you can sell each apples at , that happen with shiba...
you deserve what’s coming 💪🏼
i’ve been in since march. i was always fine.
>shib where to purchase shib?
hodl... it will go up
my explanation might be off but it means that 40% of the coins he had is basically gone and will never reach the market which means the amount of shib is lowered by 40%. means lower supply. in economics if supply is ridiculously higher than demand then the price will fall. lower supply, closer to demand then the price will increase. supply way lower than demand, to the moon.
did you write his name on toilet paper so you could wipe your ass on it... or am i the only one who thinks like this?
a little humble pie served up for me as well!! i was just plain wrong.
same. but honestly shit seemed pretty malicious there for a minute.
yes i bought in at 27 range ,30 large lost 16, now i'm very excited with that news !!
i’m down 50% on several alts and have been for months, you’ll be ok. 💎
they are out of circulation forever
oh stop. it’s not, we’ve had enough fud. we’re done now. either get onboard the positivity train or skedaddle 🐕💎
boy if you don’t calm the fuck down
lol you’re loveless and it shows
listen to me you little shit, i’ll have you know i graduated top class in the shib army . my hands are made of diamonds, and my balls are steel. i’ll wash the world of your stink if you don’t stop spreading you weak fud in my god damn subreddit, why i’ll make you pick up the remains of your teeth with your taint,and make you elephant walk your ass back to your grandmother’s condo, if you don’t quit being a soggy bottom boy. so grease up your tits, and donate to make a wish, cause you’re making me wish your dad aborted your mother.
this is a spam account sending fud, there is also one that is shib20, report and move on.
my friend... you good?
buy whatever you want. you've earned it.
can someone explain to me how an anonymous creator can create a coin and in less than a year have a market cap of 13 billion?
and if you read up on the guy, you're not even wondering if he thought twice about it.
th entire crypto market is down. give it some time for it to increase
[ go to "input data" and view as utf-8.
found it [ you will need to login guys and then click input data and change it to utf-8
louder for the people in the back.
i just transferred another .com today to maybe play around with other meme coins tomorrow but i guess the rest of that is going into shib.
i already done all i’m willing to loose 🤣🤣
do you know where you click to read message on there ?
it’s on shiba thiscord. check it out
you must be logged on etherscan to see it, it is real.
that’s all you need to ride the rocket! 🚀🌕
no worries bro i am poor af as well but we well make it trough 👍
which decimal place moon? or is it too early to tell?
i have no doubt it will go up to at least .01. just a matter of when.
already + 21%!!! 🚀
so i'm guessing this is good news
eli5 why it matter what just happen?
same here. just bought 5 mill more and mentally high fiving everyone here but have no clue what's going on 🤣
they need to get a better slogan than “dogecoin killer” to something more useful so businesses start accepting it
how do you know that keys to that wallet have been destroyed? is that like a "public" wallet for burning? if so how come i cant find it on google related to anything else other then what just happened... what even are this keys, from what i know you have same key all over you just send it from one wallet into another... or is this all just a type of blind trust, meaning that he made another wallet, sent shiba there and says he cant acces it anymore?
that couldn’t be more clear!
he did not destroy the rest. he still has 4.6% left.
mucho thanks in long run is this bad?
but i think a burn wallet with no keys would not rethistribute the market cap like actually destroying coins would be.
mate they entered in this game a week ago. and they want to give you advice to a veteran who have been through the crypto war for the last 10 years+. they are the joke.
it says out 410trill shib?
the man has done the shib holders a massive solid doing this. i still do not think he was in with the devs at all, so he has done that to keep shib investors from losing shit tons.
but why? the limiting of coins?
in the grand scheme of things it is a big thing.
thanks for the “for dummies” explanation. i own 150m shib so i sure as hell hope the price will rise :) cheers
please can someone slap me and wake me up
depends how far we are willing to go ! 💎✋🏼
sucks being in texas
and still tanking. do i see a bear on the horizon?
true. i’m mad i didn’t sold at 38 instead
shiba to the moon!! once shibaswap comes out it’s going to the moon. mark my words on that!!
lets hope it goes to 0.0001
curious why you threw out 10 hours? what’s in 10 hours?
just wait until they release shibaswap,its going to at least 0.0015
im fucking buying now!!!!!
that pet i get what i don’t understand is who is vb and why did he have so much shib he didn’t want?
what makes shiba worth to buy?
how up will it go from here 🤔
yeah i had bought 57.5 million a while ago for 100 including gas fees. sold off 27.5 million for my seed money back plus a little extra and still had 400-500’mi remaining. value certainly took a hit but people act like it bottomed out. and those people selling at what took it even lower. looking for a nice bounce back now that vb proved once again he’s a fucking fantastic and decent human being
i'm taking to all the people who jumped on at 30
i used crypto.com! dont use uniswap! who wants to pay those ridiculous gas fees??? depending how much you buy, gas could take most of it! screw that!!
hopefully. i’m still hodling to 10m shib but in the red as my average price isn’t good. bad timing for me when i went in. 🤞
be honest you actually did that, didn’t you? 😂
it didn’t. the fud was malicious. i never once lost faith. and now this is going to be a gorgeous come up.
it did look malicious.
it's great but he still owns 750 million dollars of shib, and pledged to donate it, that is enough to crash shiba 10 times over!
you calm down. don’t think it’s all rainbows and sunshines now that he’s burned all this crypto you retard. let’s just make sure no large amounts are donated or pulled out ever again until this coin moons. just shut the fuck up and do nothing
suck my cock bitch. you don’t even know how any of this works
shib to the toilet. not my loss, but yours you lunatic
stupid scumfuck. you’re the idiot here you retard. you just want to repeat the mistake we made a week ago. people like you need to be evaporated. you absolutely uneducated useless cuntbag
so you support another “donation” and price drop? let us all know you support that bullshit
very interesting. i’m holding for the long term.
ok, so if i had 10million shiba coins i bought for xamount. why would i burn it ????
oh you posted while i was doing my reply hahaha... awesome...
ah got it! thanks!
~~it's at the bottom of the page, where it says private comment, you have to log in to see it i guess, but i do not have an account~~ upon further research, this is not true lol. had to create an etherscan account to actually see what private comment is, ooooops lmao
> try this one: [ ' scroll down to "click to see more" then view input as utf-8
moon is moon brace yourself
aaanndd its gone !
basically, vb held 50% of all shiba, giving him the ability to rugpull us at any moment. donated 5% to india which tanked the price and now he is burned 40% of the supply to a dead address (consider them gone). less supply = more value per coin + vb does not have the ability to absolutely tank the price anymore.
you should do some research on wallets. the coins are gone if they relinquished the recovery keys. could the still have them? sure. the team is public though and a move like that would be destroy credibility as well as be illegal depending on where they live.
no, in the long run it is great. this is the best thing to happen to shiba for a while.
its still 410 trillion few coins in existence.
i mean this is a dead adress. you can check on etherscan.
broo open fuckin beer! let’s celebrate lol
thank you, wilian08, for voting on shakespeare-bot. this bot wants to find the best and worst bots on reddit. [you can view results here]( *** ^(even if i do not reply to your comment, i'm still listening for votes. check the webpage to see if your vote registered!)
yeah what's shibaswap? lol and is that different coin entirely or not
have they announced the date of shipaswap yet ?! thank you
>shibaswap shibaswap will be like uniswap and pay fees using eth?
it will most likely go to .00004… it will need to pump again like it did a few days ago to get to .0001
tbh idfk what im eveb saying i was high as shit man
is this the same coin as shib? or an entirely different coin
vb (vitalik buterin) is the creator of ethereum, and he had that amount of shiba bc the creator of shiba sent him 50% hoping he would burn it, but what they didnt expect was that vb donate 5%() to fight the covid in india, so that caused everyone cursed him bc shiba got rug pulled by almost 40% from 0.000033 to 0.000020 making a lot of people lose money, but what he did today with the rest he had left, was burn 40% and keep 5% to donate to something else... thats pretty much what happen...
is hard to say whether the price will go up or down at this moment. traditionally when it comes to stock, good"catch up". as of now the statement released by vb is only a few hours ago so we will need to wait and see. i'm also hoping the price would be up lol
when is it going up good sir?
listen nancy... it’ll be okay... i don’t expect sunshine and rainbows for jack shit in life, but common sense says... hey look... almost half of the entire supply was just burnt... what does that tell you ?... the price will go up... of course there are going to be people that sell... tf you think this is ? a fairy tale ? ha... sit down and hold you sippy cup. i’ll come back to this in a month and we will see how you feel.
lol 😂 i asked purely for others who will have the question and to read it. loveless
don't kill yourself when shib skyrockets. oh wait no, go ahead
i support a community that bans as many rude af accounts like yours. you even use the same syntax as the other accounts. you're a fraud, and no one cares about some nobody in here like you. blocked and reported.
doing nothing is still an action
so much rocket emoji
394t coins * .01 = .9t .10 would be it's still a lot, but an order of magnitude makes me feel better. :)
haha, that is crypto for you i guess.
thanks man, i was lost as well on this news
so are those coins just gone forever? if so, wouldn't that make the coins remaining more valuable long term since there is a cap on the total amount of shib coins??
and who is vb? and why is he willing to "burn' them? thanks! anyone who has info please reply.
much wow good day to be in the army
how can it be dead? can you explain?
im rolling a 3.5g blunt later to celebrate
decentralized network allowing you to swap shib for other crypto.
shibaswap is a platform like coinbase and crypto.com
somebody said may 26th but i don’t think it’s been told yet. just be ready because it will sky rocket when it comes out. thanks me later.
it's a platform kinda like uniswap but only for shiba inu
now time to print a vb body pillow
it already did, but the market is still down as a whole so keep holding, this is the restart
you’re literally so ignorant you don’t see the main issue here and where it all started. before the donation was made, it was all sunshines and rainbows, until 1 trillion in shibs was donated to a foundation of who knows what and shit went downhill. the reason people supported the donation in the beginning was because that honestly thought it was indeed sunshine and rainbows until a few days later where everyone started regretting their support for the rug pull. now when things start to go back to sunshines and rainbows, don’t forget that it can’t change and things can’t become way worse than they already were. get your head out of your ass and quit telling people to chill, cause people who chill are in fact the ones who think everything is sunshine and rainbows
you don’t make any sense
how can you say shib for india and shib to the moon at the same time? you can’t have both. you uneducated useless scum
good. suck my cock now
often times the hardest thing to do
thanks mate, wouldn’t that person be at a loss though? and why would he do that ?
nope... the private note field is empty.
yup, those coins are inaccessible and therefore gone forever, raising the price and bringing confidence to those who hold shiba.
yes. this is the end result that a lot of people were hoping for because it cut the supply in half. previously it would have been impossible for shib to reach a certain price point bc there was potentially so many in circulation, but now there is more of a chance.
vb is the creator of the ethereum blockchain and not to mention a crypto billionaire all by a very young age.
vb is vitalik buterin, the head of ethereum. he recently donated about , 000, 000, 000 worth of the shiba inu tokens he had (about 5% of the total supply) to india to help fight covid there. since 's price kept decreasing, it decreased the value of the donation, so i guess he figured it would be useful to burn most of the tokens he had left (which are about 45% of the total supply). he remained with about 5% i think, which he is donating somewhere else. by the way, vitalik only got this much .
he sent the coin to an « dead » adress so no one has the private key. no one can use it, ever.
thanks any way . 26 or not holding at least for 2 years hodl .😁💐
(already got a mill but idk if thats enough
yeah, im buying when i wake up at 9am today, hoping i dont miss it man
you are a special kind of stupid, sit in the fucking corner and shut your trap for fuck sake. you ignorant sniveling crying sack of twice used horse shit.
don't be jealous. you can buy shib too
ah you are right, had to create an account to see what it showed, will delete my comments hahaha
so how many in circulation now?
thanks for the reply! had no idea that "burning" coins was possible. learn something new every day.
not 100% true, those coins were never in circulation so it does not change the market cap or price. price is going up since those coins are now burned and investor sentiment has gone back up since one wallet cannot rug pull us. now if the devs implement a new burning mechanism price thats a whole new ball game.
facts i have 300 million shares and i’m hodl
get it cheap as much you can afford to cuz its about to go ballistic 🚀
you have a lot of nerve to call me stupid. the value of shib was going down after the stupid donation and you’re calling me stupid?! you fuckin ignorant delusional piece of shut moron?
is there any way we going to find out why he did this ???? or we just speculating????
why would devs make 1000t in the first place
if they are not in circulation, how did he get them in the first place?
you should trolling right? or you really don’t’get it?
yes i am calling you stupid. i know it went down, it could have gone to zero for all i care if it helped people being fucked over by covid... not everything is about you, i mean nothing is about you because of just how fucking stupid you are. but carry one being the fucking idiot you are, i'm sure it is going oh so well for you. now piss off and die loser. no one wants to hear from you anymore.
the devs “burned” or donated the coins to his wallet. vb told everyone to not do that anymore in his statement after burning shib.
i dont get it. and i have low level of trust. i will not believe its burned until somoene explains me how can wallet be dead, how can we know keys or whatever is burned. the fact it has "dead" in a name tells me nothing you can make it say "boob" if you want
if it went to a good cause shut the fuck up you ignorant subhuman trash
y you holding then ???
wow. glad i did not know that when i bought in. i would have never bought hahahahaha. thanks. sometimes it pays to be lucky i guess.
299 million, let’s effin go!
100 million shib says i fucking hope so
one zero eating by the end of the month 💎🙌 - share it everywhere shibarmy!
buying more shib as we speak. i know it’s worth and won’t feel bad thinking i should have put more in before it moons.
4.3 million as of now but i’ll keep growing!
here comes my freedom from 9-to-5. :) cnbc was just talking about shib! :d
55 million shib so i really hope you’re right 🥸
we are mooning! it’s not instant it’s long and strong and seems to be how we’re moving this month
i only have 3.1 million shib. but i'm excited!
guys, this random person on the internet said we’re about to moon. buckle up.
who has shib from 0.000007 cuz i do
wow .00004 really is the new floor 🚀
yeah we’re priming. you can see a green candle coming
i’ll finally be able to afford a house i’m excited
i love all of you wish everyone good fortune. take care of your family and friends.
elon may not need shib but shib does not need elon either
this is definitely going to 0.01 soon bec of all the hype and advertising around it
were going to the moon, smacking tf out of doge-1 and sending an army of apeshit space gorillas to hurl ass mud at tesla headquarters!
31m i hope it moons to .15 and i’ll be sitting pretty. i can help my parents out, fix up their broken home and get a new sensible car. be able to retire. no lamborghini for me. i’m not into fancy things.
21 million come on guys let’s all have a merry christmas on the moon this year!!!!
they're talking about shiba inu coin on fox business and how everybody got into it
did everyone here get their 13mil shib yet?!
we will! tooooo the moooon!!
to the moon at lightyear speed
robinhood is releasing their earnings tomorrow. great time to announce big news only happens 4 times a year!
we skipped right passed “trust me bro” to “let that sink in”. fuck yeah, i’m all in.
we are building our own money rocket!
only 3.5 mill here but im accumulating it slowly
like i said, we surpassed my expectations for this year. i'm thinking 100 dollars per 1 million shibs by christmas :)
i am currently drafting my resignation letter, so i hope you are right! :p i believe in this coin so much i know it is a matter of time!
just bought another 600 usd worth of shib at 0.0000388 so let’s buckle the fuck up
i just bought 100 million shibas
we are becoming rich?
source: trust me bruv
that’s right, will it into existence!
i concur, someone is definitely getting mooned today! probably right this moment!
we are the early adopters. we are the adventurers. may the force be with us.
it seems we are being manipulated by someone buying large amounts and then selling and building up before this goes up more.
the overwhelming evidence of your logical analysis has me convinced.
sounds legit. just got 150🚀🚀🚀🚀🚀🚀🚀🚀🌙🌙🌙🌙🌙🌙
thr market cap is crazy!!!!
don't be a moon boy and nothing else. as your post is gathering interest, you have, or should feel, a responsibility to be true to these people that are now "all in". sure you can shill it because your positions may be comfortable, idk what you have or at what price, but all the people that are yolo'ing and you hyping them up, telling them to resign ect ect whatever, is irresponsible and if those people become homeless you will be highly criticized. i own shib and have for a few zeros, before the +350% burst, so i'm not saying anything regarding the potential of shib. just stop telling people to yolo. its irresponsible. i can tell many many many of these people know nothing of trading. its all yolo.
it’s unfortunate to see that there are posts like this on shib just as there are on doge. i would much rather learn and know what my investment is doing to increase its value, than to just blindly go buy more in order to pump and dump, based all on someone saying that stupid “moon soon! buy buy buy!” phrase. keep in mind this is coming from someone that owns both shib and doge.
just sold the little doge i had to buy more shib. sitting at 21.8 mil, i'm ready for my lambo lol
i can’t wait until the burn numbers are announced after the event ends 😃
wish i would have bought more a month ago when it had 1 less zero!!!! guh!!!!!!!
500 milli cannot stop buying, the future is bright also go check out asti on etrade
17 mil shib and wish i could get more. 🤞
i’m up 450% now. i’m selling once i hit 1000% 💧💰☀️
cash me ousside, how bout dah
i do not want to see monetary bets i want to see a shiba tattoo on someone's butt next year as in they took a bet and were wrong. the lambo dream guys be like "i'll just open up a tattoo business in palm beach and provide the service."
i had a dream last night that each shib was worth . yes i know that’s not logical. it was a dream. that being said, i was slightly thisappointed that it was not .
define "moon" everyone's idea is different for me it would be a penny in like 10 years. we could lose 2 zeros and i would still need my job...i'm all for it. the sooner the better
just dropped 5k new to the army
i moon everyone i see. in the spirit of shib
yeah i know that we got elon musk out-of-the-way.
yeah now that we got elon musk out-of-the-way.
can’t believe how well it held after yesterdays ath. knocking on the door or 4 and setting a new higher floor…. pleasure holding with you all 🍺
looks like he was right . moon !
christ i've got a semi
already planning a blueprint for success, such as real estate and online stores
the uptrend is nice and if 00004 is the new floor that will help to push higher highs!
the launch sequence has already been initiated
omg!! you were right!! what a call!!
we have mooned we’re going out the galaxy
i think everyone should buy more and all hold together. we can moon together. but let’s not make a crash landing after 😂
if we hit $.000071, we will have a larger market cap than doge. lfg!🚀🚀🚀🚀🚀🚀
how much usd will i have in one year with my current holdings of 10 million?
who said we going to the moon? dude we are goin to an another galaxy
been buying shiba weekly since march and i'm not fucking selling!!!
i couldn’t help myself i had to buy more! 🌙🌙🌙🙌🏼🙌🏼🙌🏼🚀🚀🚀💫💫💫
1bill shib and not fucking leaving! 🚀🚀🚀🚀
if the father yah wants to bless me in such a way then may his will be done.
link: trust me bro
dont you worry fellas, im coming 💪🏽💪🏽💪🏽
i need another dip. on 25,000,000, need 100,000,000
quick update hold strong somebody is trying best to take us back to 3000 hold shibarmy now is time to hold the line
cnn ran an article about shiba today, front page!
even my boomer family randomly started talking about shiba inu. it def has the community, media spotlight, and attention of eager new crypto investors.
likely to drop another . pile it on baby!
trust me bro 😎
facts we just need robinhood on board and woah
i think you are kidding
i have 5m that i bought yesterday so i’m brand new to the community. praying to everything it goes well and pumps because i’ve lost a lot since the crash in other coins
well i'm at work and i'm about to moon somebody
everyone got their space suits ready?
what gives you that feeling? are there indicators? i know shit about fuck so...
30 million % increase was not the moon?
my cousins sisters friends brothers godmothers son told me.
we’re the reason this is trending
150 mill i’m ready🤘🏼
the moon for me is when my 1.2b shib is over 1m usd.
this will be a massive generational wealth when shib hits 1c
i only have 6 million. if it works out. plan is to cash ⅓ at , should it go there and sit on the rest.
i just bought 12.8 million coins. i'm all in. lets take it to the moon.
how high do you guys shib will go with this move?
hell yeah we are!!!
i still don’t know what this is about and am now up to 120 million coins 😂
lol average hodl time is less than 7 days
i’m so ready to moon it i just mooned my neighbor
i'm hodling for another year.
whos selling ????? were down tf guys
don't let it sink in, let it soar to the moon!
i’m ready to moon, you??? 🙏🙏🙏👀👀👀💪💪💪
i’ve been dancing since the first zero dropped 💎🙌👽believe the future in now🚀🚀🚀
wtf you on about bro. we already on the moon. we going to jupiter next
that was a strong bonk tho
as long as you’re not kidding i’m in!
bought 30 mill last night babyyy
you apes make me smile
imagine eating a zero by thanksgiving, then another zero by christmas?? that would be dope 👏🏽
yes. the masses keep getting fooled by looking at the 1quad supply on coinmarketcap and coin gecko. they don’t realize shib is near full circulation minus liquidity after burning half the supply. in other words there’s a ton of upside still to be had. - yet all the use case gurus and bitcoin maxis keep getting caught in the fomo line.
to moon and beyond 💪
robinhood will list shiba definitely so buy now before we go to that big moon
ok if you say so
this is gonna be the best christmas of the 21st century
super cereal you guys
just sold vet and bought another 7k usd
now this guy. this guy is fun at parties<3. much love fellow shibs! lets show the fucking world!
i just got a ton of free stocks for referring someone to the app, equaling about . as soon as i’m able i’m dropping them and using it all on shib
i like your confidence
how do you know?! i've been buying and holding for weeks now i'm so excited!
guys i am super cereal
time to start picking out diamond hats!
baby doge will moon too only up 524 % over all time...shibs up millions of percent
bring the pain!!!! bring it!!!!
on hourly chart, there is a symmetrical triangle about to break...upside of course and the next target is exactly 0.0005!
disagree look how much the top 10 holders hold.
he'll ya let us go!! i'm along for the ride...🚀🚀🚀🚀🙏🙏.
hold the line boys! we are right there sorry* boys and girls!
my plan was to rake in gains within a year or two. i’m good until whenever.
i am encouraged by the falls being normal falls. stability makes upper earth atmosphere more feasible.
i onow you’re not kidding kiddo
oh ok. thanks random stranger on the internet.
fuck i wish i have more money to buy
trust me bro. i'm not even kidding
i told you guys our new ath is 5 to 9 by this month end. and we knocking that next 0 with full force early next month...all the way to 000.238. early next month .
let’s moon. just bought in for the first time. don’t let me down!!
be patient young padawans, we are in this for the long haul
🤡🤡🤡🤡shut up! we aren't! 🤡🤡🤡🤡
for myself and others that can only afford 10mil and still hold to do our part we will still be millionaires!!
30 mill let’s goooooooooooooo!!!! 🚀🚀🚀🚀🚀🚀
refreshing my bank account like a maniac to see direct deposit hit to buy more !! 🤟🖤🐕
you mean *sun, we’re going to the sun
you gotta be kidding me?
i'm new to all this. i should have done this years ago but i'm dumb and listened to the nay sayers. the question i have is how do you calculate what you'll make? i'm currently at 2.7mill shib and not letting go!!
hahahaha. i honestly thought that was it. then doubted myself thinking it had to be more complicated. thanks!!
might be a dumn question, why are we about to moon? i thought robinhood will add shib on nov 1 now?
sell at 79 and buy back in at 28 in december
thank you sir for the prophetic wisdom.
y'all need to get this bitch to mars. fuck a moon
tesla and shib at all time highs lfg
12.5 million is that enough?
im glad its rallying should i buy at a high? its not like its even 1 c per shib? or wait...sigh
i need a .00002345 dip or lower before we moon! k thanks ;)
is anyone not worried whats going to happen when the whales and india sell their load?
okay guys get ready time for little dump now don’t panic we might see little downside to test weak hands just hold remember we are in for long haul not for couples of bucks
burned nine hundred million shib just today. yea i think the moon might not be big enough for the shib army.
do you all think it really can go to a penny? seems like that would be really hard to achieve with the market cap and shib in circulation.
ive got 10mil shibes, will i make it to mars?
[ zero will get eaten by end of year, 🚀
i thought we were already on the moon, heading to mars
gots me some mores just now!!!! when do we leave for the dogstar 🚀🚀🚀💫💫💫 boom 💥right effin now! buy and hodl let’s go
are we seeing this perfect cup and handle on today's chart??
man you really weren’t kidding
shib is attracting a lot of new members lately, if you are new here i would recommend first reading up a bit on cryptocurrency. don't just jump in on fear of missing out. make sure that you know what you are getting into first. you can use to get started, it takes you through the process of buying on an exchange step-by-step. the guide is available in 18 different languages and the additional articles on the site should also answer most of the questions one might have starting out.
i hope it takes off and make us poor people rich
why there no daily thread? also 4100 could be new floor. which would make now i pretty good time to buy
next stop 0.000055 than to the moon!!!!!!!!!!
i buy , 7 days a week up down who cares it’s still cheap.
big money monday bitccccch hold bitccccch
that looks like it could be a triple top forming on today's daily graph, and i only hope so because that will allow me to get even more at a potentially better cost basis. even still though, i added 330k more tokens at around . crazy to see such a purchase, because it is only a fourth of the amount i could get a few weeks ago. shib is undeniably on an absolute tear. i've doubled my money, going to put in a whole paycheck if there is a significant pullback - but i might just do it anyway. got to set aside for next month's bills first though. holding 6.9m tokens (actually) 🤑
2zero till penny ... can i get a "wen mars"?
sound like my lady.
ugh my ass is 💥 blast can waitttt
0.01 here we come.
only have 5m :(
finally going to get my big piece of pie, via shib…….go shib go 🚀🚀🚀🚀
boys i just wanna say something, people think it’s a lot of the influencers who control the market when really it’s us the community i say a strong community could build an empire together, holding and buying in red, buying when we’re up as well
you not kidding? phew thank god!!!
just got 20m holding long!!!!!
we will do more than just moon, we are going to . checkout the detail on shib path to .
12 mill... holding... wait for the dip... buy some more...hold... when i know i will never have to work again... thank sheba and live in luxury...
thank you all for you support and encouragement – i wouldn't be in this crypto-rocket if it was not for you all. this community is amazing!
my friend who sold his 1 bn shibs : "i will buy back at 29" famous last words 🤣😂
remember to jam the shibburner playlists 24, this is the way!
estonian news talked about shib yesterday evening, i understood nothing as my estonian is near 0 but i understood "shiba inu" "1000" "january" later i was told that if you had invested 1000 or more in january 2021 you would be cashing out shit loads of money today. they kept talking about the coin for good 10 minutes.
lets deflate the us economy shibanites!
brought to you by "trust me bro"
yes listen to the random dude on reddit that posts zero research and doesn’t show his position. get ready for a dump
when posts like this hit the top of the subreddit it’s time to sell and rebuy in 2 weeks.
mooning for a lot of people would be just getting to .001 , so on that note. you know nothing at all and i'm not even kidding!! holding 400 million shiba and staking 343 million of the 400 million.
what a thisappointing life yall live
i think this was a very successful pump and dump. congratulations guys you took a lot of us for some money...
lol your about to lose your money
plz someone, explain me why you think a memecoin can moon ? this is ponzi's dream for me, no future
why are you guys even thinking about selling something at 00005? you need tiny gains that bad? get money, buy. hold. got money next week , buy. im holding til it buys me a new house or 3. cash. ill cash out when it hits a million. or i’m dead. only need it to be 1 penny.
you fool!! your god damn false comment, are you serious. " we are about to moon" "let that sink in" who are you to say this?? you know nothing, i'm tired of you ppl posting stuff just to get upvotes and make you feel good about yourselves. a freagin moon is going to a tenth of a penny or even a penny. let me ask you what you consider "going to moon?"
oh stop it. it's just a bump & it will crash back down to .0000021 just like it happened back in may 2021. you should sell now and take the profit and move on. the future is cardano. i sold all 250million shiba and bought all cardano. the future is cardano.
you and 100 other alt coins along with 200 meme stocks.
tesla to the moon 🚀🚀🚀
who gave you the scoop?
"trust me bro". "trust me..."
i can feel it in my fucking balls!!! were gonna moon hard! swingin faster than a dick in the wind! dicks out for shiba!
okay you all crazy shibtards put 10 bucks right now at 3900 price level do it
i had a dream last night about this. was surprised, but i definitely see the next 5-6 months of strong growth happening. keep buying and hodl. my only question is once we have achieved a decent level of burn and the supply becomes less, is there a mechanism to alter the burn rate over time based on circulating supply. given the core token quantity is pretty high now, this would not be the forever case. how will this affect the value in time?
first time buyer here! only ’m only a recruit and haven’t gone through training yet. hopefully basic training ain’t to bad 🤣.
one more zero before thanksgiving
.005 and above is my current retirement mark. lets eat some zeros. lets go
shibarmy let’s go part 2 is released
i buy sell buy sell buy sell...i'm not stupid... stupid is buy and hold...i can 100 times my money buy buying and selling than your dumbass ever will hodling
we are the moon 🌝
i only have 10 million so sad i have that little
it’s nice but i wouldn’t call it mooning lol
anybody worried about a blow off top?
i know a guy who bought bitcoin at 12 a coin for a total of 25 coins. he now has roughly 1.5 million plus and is waiting for it to go higher. very patient.
you were so right. glad i held!
gonna get wrecked by manipulation as soon as it surpasses .00005. dont be dumb and cash your profits in
i just sold a lil' over 500 mill... good luck jokers
shaking hands gonna start selling !
nicee, was there a few weeks ago, but i’ve developed an addiction … i can’t stop eating dips meow
let’s see if you like me after this 🤙🏻
i have over 100 million, but i lost access to my coinbase wallet so, i only have like 58million. i had 500 dollars in it since may, then my phone broke with the wallet on it. learned my lesson about recovery keys etc. so, i have about over 2000usd that i can’t use. i had to rebuy all my shares and more a few weeks ago. luckily, i still made money. the reason, i had shiba in a coinbase wallet was because you could only buy through uniswap before. fuck cold wallets in my opinion.
my 15 million says so too
how much money is that? when you bought vs now
hopefully sooner if we touch 5000 tomorrow 💥🔥💥🔥🦖✌️🦖👽
if we eat one 0 and the next unit is 3 by the end of october i sell something but keep the rest, to the moon
push shib army!!!...push!!!! [
trust me, bro. i know a guy.
exactly the second we cross yesterday high market will fomo again
same just bought 2 million more
same here. 4.3 mil club!
you damn sure will
got 11million coins, i just hope i can get enough to take a month off. 🤞
everything is sync with charts and media i am just looking at chart tho
my god!! i’m sure i saw somebody wearing a shib t-shirt earlier…i was driving but can’t be 100 percent….check this though….so my wife was getting a tattoo on saturday…4 hours it was so i went and did a bit of shopping g etc and got back like 3.5 hours later and was allowed to go in and see my wife…joked to the artist and said i’m thinking of getting a btc tattoo and he was like…do you hold and i was like yes, only for 3 months but better late than never…he tells me he has btc too! what’s better…i was like my favourite though is shib and said i should get a shib tattoo instead and he was like….i have shib too!! i though bs…but he knew a lot about it…ended up with him promising to come out of retirement when he makes a million to tattoo me for free!!
there’s so much buzz right now.
i am close your eyes .
we need to cross 5000 now it’s been pain in arse yesterday dump of 4450 put on us square one situation we were suppose to touch 5000 yesterday
think of it as the best savings account you’ll see for a loooong time, and squirrel away whatever amount you can whenever you are able. edit: [obligatory] nfa. i’m only talking about “spare cash” you might have. also, please, don’t transfer your entire life savings over. keep your life savings in a stable, non-volatile, account.
it’s never to late to add more
he said he is not kidding. it does not get any more real than that.
buckle up dorothy, kansas is going bye bye...
just trust him bro
this is the hot tip i’ve been waiting for!
yes sarah, also bring some food with you because there is not on the moon
yes buckle up beautiful i said the same thing couples of times already and we sure did moon now is my third time 🤙🏻🔥💥
in 'trust me bro' i trust...
whether we moon or moan sara is going to moon with me on my expense regardless lol 🤙🏻🔥🔥
also a bull-flag is forming as we speak on 5m which will spike
i am happy for you bro let’s go 🔥
duck him he betrayed us yesterday
damn this guy is serious about shiba 💥🔥💥🔥
i wish you very luck
may lord have mercy on us 💥🔥💥🔥
we’ll reach a dollar in a decade
well i better strap in right now
yes you heard me right today right now
just waiting on a spike which will fomo hold your butts any minute now 🔥
soon we will ha e only 500k for 100$
make sure to attach this thread screenshot as well so your boss buys shiba as well
let’s fucking go 🔥
in due time. assess your own risk along the way.
we don’t ply that game to mainstream
market buy filling in
you will trust me for damn sure bruv sit tight
yeah my wife. her boyfriend is letting me watch.
you trust me bro
bros don’t betray bros
yes, but you do realize, and this goes for doge as well, the majority of investors aren’t knowledgeable in what they are investing in. it is in the end a meme coin so it shouldn’t be expected for them, but a lot of foolish people are: over investing>not seeing the return on investment they want>pulling out> or in desperation, creating posts on a community hub saying “it’s about to moon, we just gotta break the x barrier, or so i heard from tweet” it’s more annoying than anything, and seeing how a lot of people that are investing in these meme coins are very young and quite frankly, gullible, it can lead to a lot of unpredictability. bc all people want is a return on investment, and very few are patient enough to wait for a true profit. of course this is all speculation, and experience from what i’ve seen with doge coin, so maybe it’ll be different. i just doubt it.
we will keep mooning just need to cross 5000 now
everybody regret something at some point that’s how it works just let go now if you have spare buy and forget
you and me are so likeminded
only difference is i am selling after 100000% ✌️🔥💥🔥
how bout we moon first and cash out over there
go back to sleep you might wake up as shiba inu who knows
did you see a calendar? if so, what day? let me just get a calculator... i'll be very rich yall...multi billi.
the moon here is short term rise in price to keep us above 5000 level for now to invalidate this price level
do you want more of these ?
we can do it we have almost 310k members
nobody here can or should answer that and anyone who claims to is wishcasting
we won’t let you leave anyway 🔥🦖💥🔥
you loving the profits?
moon your boss and resign
shit forgotten my helmet! be right back!!
yes ask and bid ratios
please keep in mind the market cap needed to hit ; 394,796,000,000,000 usd. [ not that it could never happen; just saying for a better understanding. this is of course not considering the burn rates now.
first we retest 4450 to see. how market reacts next stop is 5000 where market will get rid of almost all weak hands and blow past later . after that market could trade in 7 to 10000 range holding above 5000
we are not down we are just starting the ship engine again
and uranus after that
we all are dope
stop it your awesome
we need to stay above 3800 trust me very important
hold now don’t be a bitch after seeing minor drops
don’t invest out of emotions only invest what you don’t need at the moment
do i look like ?
you multiple the amount of coins with your desired amount in usd .
that's just an unsubstantiated rumor from dubious sources. we do not know that we're about to moon either but we want to believe it so this dude is putting it into the universe because hype will moon us eventually. but we do not know about robinhood. could be next week. could be next year. could be never, even if that would be monumentally stupid.
let just put this way if it’s your first time buy consider two factors first we had pretty weird dump yesterday but we have manage to recover pretty fast second market is in momentum but only buy if your log term holder and won’t get effected after little drops in process and last most important don’t put more than you can afford to lose
this is honestly a long play. short term is not as important but true that risk should be assessed; always.
if your here for short term you better sell now and find something else we are here to hold and sell only when we see 6 zero🔥🤙🏻
key words are "long haul". this is not a quick pump and dump. let it mature fully. the market cap is growing very fast and as shib is moving closer to the top 10 on coinmarketcap.com , currently but rising fast, the exposure will continue to grow. this is still considered to be somewhat 'early' investing so hodl.
it would need 100x support than currently. it'll keep going up but it will crash first. i pulled out today and plan on buying back soon...
mars is where elon wants to go we are planning to go uranus
no kidding when it comes to financial freedom
i can feel my knuckles emerging!
this is the actually way
triple top confirmed for the end of the day, nice 3% dive.
better than no million!
we are just starting out buckle up
2 minute silence for that weak arse paper hand bitch he will regret this for rest of his life now
you should trust me bro
trust me bro i ain’t a snitch ✌️
sell it i dare you
not over yet don’t blink
if you invested blindly, that is your own fault. if you sold at the slightest downside, your fault. if you sold and locked in loses, your fault. people need to stop blaming everyone else and educate themselves; its called smart money. i am holding since before the first 350% rise. i can speak from a position of 'cushion' so this is just my opinion.
plz explain your own research and insight.
you must be fun at parties.
everything crashed in may, including cardano, what are you talking about?
you’re down money we get it 😂
lmao sour loser 😂
you can down vote all you want. there are 1000 kids on here every hour screaming moon. its not healthy and just fnk stupid. your goal should be to get rich and jot let anyone know other wise you will be broke drom the hand outs.
no tesla only lucid 💥💥👽
do you trust me ?
trust me or not we are leaving you behind anyways .
lmao i believe with you capslock
you already missed the ship
if you bought at 3800 4000 get ready for ass whopping for time being you won’t just get trained you will get hardcore holder for your next project other than shiba now man up hold and reap the reward there is nothing for weak arse panic sellers
jokes on you clown
i love you regardless
thank you for doing your part to increase the burn!!!
cold wallets and a steel vault are the most secure but for shiba i just keep staking it on [crypto.com]( at 2% to take more out of circulation.
i bought through etoro and it suck’s. i can only sell not stake or transfer yet, if ever.
you have the phone still?
i have it across 3 platforms. multiple buy ins. i’m not sure. it’s about 4 grand or so i think, not positive though.
if we hit 5000, that is a wrap, shi bout to get real! hope yall ready to start ballin!
well then looks like we need to add more 💵💵💵 to shib!
enjoy the ride and buy and hodl. repeat 💎🙌
did robinhood news become official yet?
35 mill club over here
i’m a million short of you but i feel you however imma hold till a dollar.
yeah, no doubt, i agree with you there! strong movements. whenever i start getting squeamish i take a step out of the one minute to five minute to one hour and even one day and breath a sigh of relief then continue to hodl!
guys, remortgage your houses. he said he is not kidding. that's as real as it gets. just kidding. people who have shib do not pay mortgages, they pay rent.
zoom out lol the day to day movement won’t be what matters when we’re at $.01. it’s moving up very strongly. we are so far away from square one now
thanks for the advice! i've started taking whatever is left from money i spend and putting it into shib. like if i buy something for 7.10 i'll put that 90 cents into shib!
hey these two guys on reddit said some dude said shiba was gonna moon. i’m in
at first i did not take it seriously at all but then i saw he said he was not kidding.
reminded me of cipher from the matrix
fucking foolproof, mate. incredible logic.
yeah that’s a no from me dawg.
chill out man elon is not the fkn god of crypto. all he said was he did not own shib...lol
dicks out for shiba!
this sub is the best!
that would be possible :)
keep in mind what differentiates shib from doge. true, doge investors are purely hype train as there is zero usability of doge. luckily shib has the ecosystem, nfts and soon enough shibarium. responsible trading always encouraged.
i know for sure. i bought 21million for 130 dollars so i bought a small bit at that price. now i do not think it is gonna drop that low anymore. i think. 00004 is our new floor!!!! let's keep it moving. no regrets now guys!!!!
u gone be waiting another 10 years and i don’t have that long bc i’m old 😩😢🤣💯
i only cash out on mars homie
i would take support at the 5000 level for now. every little bit helps...gains are gains! i need to be in the 7 range to double my . but hey that is what i get for not taking shib serious last year. i guess everything is 20?
ahhh ok. i do not know much about crypto. it sexy tho
isn’t a thing these days the whales sending a bunch to dead wallets or something?
what is marketcap but a number, i see it all the time with no meaning behind it.
you don’t really get it do you ? i want shib army to throw dollars into shib more than lil wayne throwing dollars on a miami stripper. i want the shib army to drown in riches and raise shib dogs just for fun because we all quit our 9 to 5 bs … i got ambitions man
i’m the king of holding. been holding nu (nucypher) since feb and finally paid off. got extra money to spend on crypto 😈
oh yes, of course. only putting in what i am able and willing to lose. gonna pay the bills first then onto the investment 🤟
whats driving it? im watching the charts we are climbing!
im not trying to be negative, but realistically, these whales want to profit, and india may use their relief money. if they sell everything, the price is going to get kicked in the gut and it may not recover, just like doge has stabilized for months now.
this is oldest trick in book of trading but works every time because people panic sell seeing little profit on higher levels now is test time just don’t sell market won’t go below . big guys want our coins now to later drive the price up
i do not understand this position because if everyone did that, we'd literally never get anywhere. it's going up as we speak, what more do you want?
i'm keeping my bag in for the long haul.
hope to drop two zeros this cycle, that’d be incredible. but i’m just enjoying this ride with everyone else
he still thinks it will tank lol
i got out with a small profit. i'm speaking from the sideline.
you are correct. i'm not blaming anyone. i just thought it was a very successful pump and dump and took a lot of people for some money.
hahaha behind for what? how can you when i'm an xx,xxx,xxx holder. leaving me behind where? just hodl and chill out bro.
yesssss! fucking believe!!! im gonna buy out tesla, tbag a model y and send the pictures to elons broke ass!
shiba will hit ,000 today just fucking watch. anyone who says im wrong is a fool!
? i'm sat here with 12 million shib lol. i have not missed anything, unless it is been to the moon and back down again whilst i was taking a shit
you will like me and love me if we moon i promise 🔥💥🔥💥🦖🦖🦖
nope. fucking sucks lol. at the time shiba wasn’t doing anything and i wasn’t thinking. i traded it in broke and got 350 dollar store credit😂. i literally can see my shiba i can’t use through another app. so i have about 6k in shiba right now and half i can’t use at all😂. and it’s all profit mostly.
na bro lambo in a year
noob question here, why is getting past 5000 so important? genuine question.
that’s what i am saying we are very close yet so far . fun begins right after that
already spending money in my head 😆
if you have spare why not
he is not picking up the phone
never trust a guy who wears tights.
i only care about the price action when it dips - so i know when to add more. my coinbase portfolio with only shib in it has outperformed my stocks. 😂
don’t just mortgage sell the house live in a tent for year or so when you become millionaire buy the house and that person to
i have shib and pay mortgage, speak for yourself lol
lol my house is nice. fuckchumean?
thats fuckin funny 😂
please leave you lil booger
rent... for now haha
the day to day movement bring us new buyers why we are at square one because we were suppose to kill 5000 yesterday with so much momentum
what he is not kidding? i thought he was
old men saying go smooth with ladies specially if they are holding shib
you still not entertained ? i thought you like me now ?
means lots of people buying at exchange market price that drive market price up
you see a market depth chart on exchange and market price along with that that is market buying
i understand the difference between the two cryptos. both are meme coins. you don’t have to sell it to me, as i’m already invested in both. all i’m trying to point out, is that your community should moderate these hype posts. some are just a small phrase in capital letters with no substance, proof, or theory as to why x coin is going to “go to the moon and we are all gonna be millionaires. if the whole point of this coin is to be “the doge killer, and better than doge” etc. why is nothing being done to limit the amount of shit post? also, where is shib being used currently? besides being traded for larger coins such as bit? ^simple curiosity not a sarcastic statement. also, why is everyone so angry at people like elon musk for not investing? he can do whatever he wants. can’t he?
don’t blame yourself , it’s just how things works for us
will do for sure i love this awesome community ty
that is exactly what burning is yes.
has to do with how much money is involved: [ consider that the total market cap for allll of crypto is currently 2.6 trillion. so if shib is to hit ,796,000,000,000 usd involved; just in shib (at currently circulating supply).
india has already converted all coins to usdt
yes, whales have the ability to soak up cheap coins and will even fomo when they see potential. whales are capable of manipulating markets so hodling is the easiest strategy. we do not want this to become doge where just a few whales hold a huge majority; which it already is to some degree (like almost every token). take a look at the token summary for some interesting data: [ this shows the holders breakdown by large address: [ **\*\*some of the big addresses are exchanges\*\***
for it to go back down...
it won’t not to 3500 today we are pumping more money during american session again
we should at-least test yesterday high of 4440 but i am expecting little downside to test weak hands now big guys want cheap coins from paper hands at this point.
sorry if that seemed like an attack. i used 'you' more of a reference to the individual investor; did not intend to make it personal but it did read that way.
okay cool we good 🤙🏻
this guys is real shib retard we should protect this guys at any cost
take your meds for fck sakes...
this is not the motherfucking way!!!
you will fomo buy again with same money and profit but less coins i know your kind 🤙🏻🐥
we will see who is fool
every new milestone is basically a confidence test. it shows if that new level is sustainable and if people have confidence in the token. usually when we have an all time high, it will dip afterwards as the day traders or whales take advantage of the high. the less it dips before stabilizing the better for the next push and it shows people have confidence and are holding. eventually the dip will be so low that it won’t be worth selling at the high to rebuy at the low, unless you are working with whale type numbers.
anything above 0.00005000 is a milestone highest it will have ever been and its coming trust.
that will also be new support level once reached
i do not think i can ever cash out knowing about something i could have had, more money. its all a gamble and feels addictive to me.
hell, i'm always spending money in my head.
don’t do that. but i like it
just bought more for 1739$, as it is still on thiscount compared to later on in the journey ¯\\\_(ツ)_/¯
vlad is stuck on line 2 with sec
who is? the guy from coinmomo?
not for long…your gonna pay that shit off!
same, lol. nothing but a bunch of haters
don't worry about it, man. you're working your way out. you'll get there :)
but that would mean the volume growth would need to be exponential instead of linear… right? i don’t know where that much volume could come from so that’s why i think it’s mostly carrying the proper momentum. i’m just happy it seems to hold strong after every run up 😊 i’m pretty sloppy at technical analysis as you can probably tell...
why would that happen today?
i agree and have personally been commenting to "self moderate" some of the yolo.
they think he, elon, is the sole catalyst for gains and majority of people want to get rich overnight. it's a lack of understanding and due diligence. seems many people do not take the time to learn real investing and mostly follow word of mouth. not something i would ever encourage. i upvoted your original comment as i like to see investors that want to be in control of their money not just yolo.
shib currently is only being used on shibaswap, that was my reference to usability, but there is also the nft play and nowpayments accepts it as a payment method. others will likely follow.
this can be affected by burning or removing tokens from circulation.
i second that once you have purchased your desired amount of token the only best thing is just hold now . let it sit at-least three to six months to see true returns . being left out is biggest fear which fomo new buyers but hey somebody has to buy at some point . but selling in loss or panic selling with little much profit always hurt investor because later he buy at higher prices with less return . that’s the sum up . we are still young very cheap project 100 bucks still get you lots of coins . there is no short term in crypto once you buy just hold and follow the sentiments of fellow holders .
so you're like actively working against the best interest of the coin in the short term, makes no sense. meanwhile it is going up and you're losing your position. we're all rooting for it to keep going up. admitting that you are rooting against what we're all rooting for is wild. no matter when someone gets in they always want it to go down to buy more but it is gotta go up sometime and that time is now.
not to spread fud but i dread the american timezone. everytime they sell like little bitches.
really annoying seeing everywhere "we're going to the moon". good for morale but it just gets old. new people get in expecting huge returns and then duck out when they realize it takes time. but the moon talk deceived them.
this is the motherfucking way!
yep... ok. buy... hodl... buy more. hodl...clowns
you explain this in the simplest and clearest way possible
can't afford to think like that though. ya got to start thinking about what price you are looking for as a signal to cash out a percentage chosen during times when you are thinking logically. if you wait until the spike emotional turmoil and greed could cost you an opportunity to enrich your life. just my opinion
just cash out half! thats my plan, may as well enjoy some gains while keeping some in the account for the second stage rocket boost.
i cashed out doge at .07 from .001 and i missed out on 50k more. i’m not selling myself short this time with shib. diamond handing the fuck out of this.
yeah i'd hate to be a sell out and wake up to see shib is past ethereum
sell half and let the rest ride
the second it cross yesterday high of 4450 you will see the fomo off buys kicking in . people won’t buy cheap but runs after market when it shoots up
yeah no doubt. all in the plan already.
we were at 4500 yesterday all we had left was few point but unfortunate enough we were thrown under the bus by fud and false rumours
why . we share the same dream . there will two shiba inu we both can call them with cute names with 2 million each in our bank account on moon chilling in pjs 🤙🏻🥺
because there is lots of positive volume and market buys after recent dump to 3300 now market participant have bought shiba at lowest yesterday expect the spike up
to add to sentiment, being that is is highly important believe it or not,... [ very good website to keep tabs on sentiment as many many investors trade on emotions.
not rooting for it to go down. it just will. that is how these things go. it goes up and it goes down. you make more money when you buy and sell the dips.
i think they have learned their lesson pretty hard when they panic sold from 4450 most of them are left out now with few hundred profit but less coins with that money other than that we responded equally on this thread yesterday . strong together
your irrelevant now bye felicia
room number 69420. come and see me sometime.
cheers mate 😊 i had to dumb it down for myself and this was what i came up with
basically how stocks work but yea what he said is right lol
i'm cashing out at -5 million, period. i can throw half into a company that pays out dividends and cover my bills, then quit my job, and play for the rest of my life on the other million or so
well good thing is shib will never be able to pass eth so don’t worry to much. it will likely never pass doge either
🤦 bunch of paper handed hoes!
real talk; do not be like these lunatics. understand what shib really is: a giant game of chicken with hundreds of thousands of people in a vacuous hype market. be smart. don't get greedy. don't listen to anyone here. don't blind yourself on hype. and do not (whatever you do) put all your hopes on shib. i'm sorry to lecture you, but this place is a fucking circus. make shib a backpocket lottery ticket, not your plan a, b, or c. focus on other projects in your life and make shib a fun side thing.
we were just given an opportunity to buy more shiba for cheaper 😉
my dream is to get rich so my husband and i can buy a bigger house cash and retire early. you don’t fit in that dream, i’m afraid. but there is a female shib holder out there for you somewhere. good luck bro.
volume is down 6% today…i think you’re wrong my guy
don't rise to a fool 🤣
if shib hits .2 i'd be okay with it not passing doge
isnt dodge an unlimited supply ?
see, entrepreneurs always follow one advise: never listen to anyone telling you what you can or cannot do. here applies the same. maybe not ether...but what makes you so sure it would not pass doge? based on what? we need solid proof and not vague answers based on...nothing.
i think genuinely it’s just going to grow and grow...rh or not…we may not see hood until jan but it’s like a wave of people power and that’s what the main sub do t get…we are shib, we don’t sell, we just buy and hodl. i promise everyone here i’m not selling any until it’s enough to change my life…no profit taking, highs or lows, just going to hodl and slowly increase my bag.
no apologies needed. if anything it is good advice for any investor. don't put all your chickens in one basket so to speak. i'm diversified, dollar for dollar, across multiple projects. i only rely on my salary for my aspirations and goals. crypto to me is a side investment with my fun money. if it turns out, then great! if not, then ok too. i do love all that we are trying to accomplish with multiple different projects and surely appreciate what they are trying to do here with shib.
damn 😂 i wish you best of luck cheers i was just kidding anyway 🥶
let’s watch and see finger crossed
waiting on shib? i mean my portfolio is pretty diverse if i'm wrong i'll be okay. but if you are asking if think it will drop, then yes. my guess is same day as it comes out on robinhood.
your here for what reason then?
i wouldn't say not to over 50,000 dollars if shib hits 1 penny.
i'm no expert but this is how i understand it. someone feel free to correct if i'm wrong: doge has unlimited potential supply, yes. but doge currently has about 131.85 billion in circulation. so you can say that doge is reliant on mining to grow the supply, or slowing down the rate of mining to keep. as opposed to shiba which has all of its potential supply already in circulation, currently about 395 trillion. so you can say that shib is reliant on burning to decrease supply to help maintain growth in value.
rh may go bankrupt after regulatory action & pending litigation.
glad to hear it! in which case, pay that rent and row that boat until you're outta the stormy waters, friend. we've all been there. you'll get there too :)
i know. no worries. all good! cheers!
i hope it does moon though!
who the fuck are you and why the fuck are you talking to me
nah, too much. i’d rather fuck with shibby for now.
how about 2 fiddy?
did you say free tiddy?
good explanation but there’s also the other side of the other half of the growth in value, which comes from adaptation by more businesses who see value and by more people seeing the worth and buying shib. more holders, holding more tokens and not selling takes them out of circulation, which drives the price up. for instance if another 5 million people worldwide, all decided they want in on this 🚀 and brought between 1 and 100 million each that price would jump again massively. burning is somewhat useful, but i think market growth and adaptation is what will make this coin sustainable.
i just have not found the right place to settle permanently yet. wife and i own a few places in philippines already but have not found the right spot in the us yet where we live right now. our vacation homes and other properties though are good to go
don’t just hope just trust the system we are very strong community
what's your damage little boy. go back to rdr.
i like your technique on hitting that buy button. i would give you a perfect 10.
no, you should have purchased 5b.
your going to be a very happy person in a week month year
can’t even buy coinbase so laggy
one second, let me check... hell yes!!!
holy shit batman what a purchase
hope you double or triple your profit.
damn 🔥🔥 sheesh we got a baby 🐳 here lol
if shib keeps high,yeah
is that 3 commas i see bruh!
when i saw this my wiener moved a little.
yes, yes you are.
i’d say so!! keep it up man!!
this checks out! good job!
only if you then stake it on s.s.
millionaire by next year
please. you did not buy in too late. now is the time to buy and hold while it’s this far under a penny.
where’s a good place to buy other than coinbase since it’s crashed smh
oh fuck you’re gonna make me spend 100k
at what price 🥵
by any chance you think you did it wrong you can always send it to my account 😂
only if you then stake it on shibaswap.com we must rowe together on the ss defy on the way to defi island...
that's some bde right there.
well next zero your a millionaire
may need to double it haha jk welcome
according to my research, that is the way.
typical 3:54 a.m. decisions smh
so your the guy that made my balance go up another dollar
this dude yolo'd -.5 billion shib. you sir are a bo$$!
fuck that is some serious money with current prices. buckle up, you're in for a ride.
this is what dreams are made of uhh uhhh ohh
worst timing oh lord
meat wad would be proud!!
please. you did not buy in too late. now is the time to buy and hold while this far under a penny.
you did it but at a very high price hope this is not a pump and dump
just hang onto it, you invested it cause you didn’t need it right away, leave it for a good while, watch it every day if you need to but don’t sell out for just a bit of profit still heaps of room to move
if you bought that amount on the dip!!! all i can say is bravo bravo!!! thank you
you win at doing this right!!!
by any case you think you did it wrong you can always send it to my account 😂
keep on keepin' on!
you have done well padawan.
coinbase is down servers overloaded,good sign
we killed coinbase pro 😂
thank you for ur
you most certainly did!
coinbase is blocking converting coins right now ‼️😡🤬
i bet this picture was taking on day one shiba was deployed😂😧😂.
you guys see the live stream with elon and cathie wood?
a dust attack has entered the chat 😄
time to 💎 🙌🏼 that buy 🚀
i would’ve bought 2,500,069
time to 💎 🙌🏼 that buy!
yea you bought in to late
my debit card won’t allow this, please keep me update on your status king
my debit card won’t allow this, please keep me update on your status 👑
holy shib shit . right on
what app is this ? i can’t get to my crypto on coinbase 😒
i will join you on friday.
only if you hodl
that's funny you're killin me smalls
you’re going to the moon my shiba brother!
yes join me on my yacht in a few years sir
moby duck is looking for you
better late than never
i’m at 4.4 mil! let’s go!!
that’ll cost ,000 dollars. who would spend that much?
fuck yah you doin it right. but will you hodl?
is that a gorillion?
i wish i could purchase that much.
looks good except you didn’t buy enough
uhh you just bought just now? be sure to hold...it will swing back down soon! we're not mooning just yet but we will have higher support level...then we will moon!
pretty right, can be righter. get on it bruv!
another 200 mil today 😘
i'd buy on coinbase pro first, then transfer over to coinbase to avoid they are expensive fees.
making me feel like a small fish 😩😫😩
we need europe and asia to take over the rocket fueling tonight!! .0000500 away from ath. and after that?? the moon? mars?
keep it going brother. i love the shib community.
what app did you purchase from?
beautiful work! i can’t wait to bulk up my pot too!
no. your doing this perfectly!!
welcome to the army brother
bro you are now free forever
how do i buy?
holy shit, thats 75k dollars. i only have 31 million coins 🥲
i’m proud of you!!
where can i buy this coin?
that’s 85k not bad
welcome to the shibbillionair club!
*damn daniel, there you go with the yolo again.*
holy heavens! now imagine if you had bought it at 0.000006 or even at 0.0000010 xd thank you for it, you'll help create a safe barrier!
gonna be rich, my man
keep buying a little every week even though it is high, it will keep going up. still early.
welcome to the good boys club
damn... i have only 1 million
thank you, yes you are doing it right 💎
shib army let’s gooooo🥳
what day was this? it says 3:54 up in the left side. awesome buy!!
yes my kind sir yes you are!!!
yes👍💎👍💎 you on the winning path
this guys not play pimping!
you should check out banano if you want a real moonshot coin.
this is the way🦊🐕
who's a good boy? you're a good boy! *scratches behind your ear.
damn. if you did this maybe a month ago, that would be a hellova thrill. hodl and reap the rewards in time friend.
you did not buy enough. do it again!!
no ... should have done that 4months ago ...
how do you have + to throw at a random token?! must be the other half.
a little late mate
now hold you fucker. respect ✊
yes, always buy high and sell low 👍
now watch how you going to die
when shiba drops against next month it might be the dumbest move ever.
at a peak? no, but thank you for your sacrifice
i’ll buy more when it drops to under 20 bucks per million
never buy gains unless it is a guaranteed win. been at this tooo long. i hold little amounts of crypto per capatia. this is a great gain yes bit i will never invest in the gains. now that i see the potential i will wait for the bottom and sell out some bs stocks to reinvest big in shiba. honest option shoba will be the next bitcoin rush get in or be left behind. hard to say if buying now is a bad idea just saying i would not but i own enough to rich if it hits.
send me 200m and then you did it right
you are not doing it right i hope you dnt regret when it goes back to the 6
at what price should i purchase more?? i'm new to this and does not want to buy and have loss...so if anyone can give some advice... that would be great
someone do the math for me bruh is that 25k bruh
sign this so shiba can be added to robinhood
awesome 👏 thats the way to go !
with people’s power , we can move mountain , fxxk the nay sayers just buy shib and hodl .
what app do you use to buy your shiba
you could buy more, or get your rich friends to buy that amount, that would be doing it more right... if you have the cash,
where did you purchase?
wew...thats some mighty fine numbers right there...i got about 7million myself...i hope shiba goes to the moon cause i want holders like you rake it in big time...need a new generation of new money to shake up the old financial institutions. you have my best wishes.
you're a retard lmao
no. it needs to be more.
from those about to go to the moon: i salute you
well someone screwed up that run
you know the risk. goodluck lol
no you bought the rip the dip was last week before it was up 400%
the fomo is as real as ever!!! 🤯🤯
you're one of those that just rubs the salt into the injury... or when you're doing gcsce's and you come out knowing very well you done good but you say, "i've done terrible" that is you my friend 😑 get 1trill if you feel you need an opinion 👀 i love to haye you
you are 997,500,000,000.00 shib short.
so how much was this?
should have done that yesterday, or the day before
post the receipt that you spent 60k $$
nice but i just took some profits after a hugh run
posts like this don’t give me hope :( should they? i can’t even afford .5% of that. i’m sad now.
so exactly what happens to the coin when you but a huge amount like this?
how much was that? congrats and best of luck!
send a couple of millions to my wallet bro...
should have done it a week ago :v, but better late than never!
wowsers! this makes me feel insignificant with my 10,000,000 coins 😭 *edited to change "shares" to "coins" ...i had a brain fart when i wrote that response 😅
welcome to the shib army: tell your wife’s boyfriend:
just got invested in more 2 million 🙌🏼
how much was that? in dollar
dude this looks just like the may pump and dump. are you trying to lose money?
did you just make a 10 dollar profit?!? lucky you
nah because you bought the top at this point
i mean…. you woulda gotten 3x what you did 2 days earlier, but i do like your style. so i’m going to rate this a 7. put a timer on so you remember to check it frequently over the next few days because this push is already days in. at some point it will consolidate. if that ends up being now, you could end up in the red for a while. just be careful.
given it seems the robinhoid rumor was just a rumor… and everything else that’s been promised just keeps being “future promised” — i’d take it right back out. but hey, i hope for your sake they announce listings soon and it all shoots to the moon 🌙
solid technique. the actual poise. 15.
not if it’s the peak
nope you're doing it all wrong, you should have done that 2 months ago.
actually no. your supposed to by cheap. not buy when it’s at ath
how much you bought it ?
that’s almost .000 at the current rate !! how much you buy it for ?
welcome to the buy high sell low show. we are glad you are here!
no, you should have bought on monday
how much did that cost?
around 60k is what this cost when he brought in a dip around. .000023. hodl and this way sir
perfect time to buy. just as it start falling from the second ath
how much usd is this
if you can also go back in time, yes.
yes, a photoshop masterclass.
it’s getting pretty old with people just posting how much money they have to throw at coins. doesn’t matter what coin, everyone with a ton of money seems to want to flex at how much they have.
a smart ass comment gets a smart ass answer. and probably an answer from somebody with a wallet far bigger than his that he should not of tempted.
i will next dip need healthy volume flows
or multiple years lmao but there will be happiness
can't buy on crypto. they pulling a robinhood.
that was my thoughts exactly.
im up 28x we are good boo
which it would not, it went up like 350% in 3 days. i seriously cannot believe people are buying now expecting it to just rise forever. classic buy high sell low
this price movement looks like a short squeeze. whales pumping up the price to get the long-term hodlers to sell for profit sooner than a target price. we see a lot of these “diamond hands” that are only buying for a quick buck for lambos. we will see very soon who the real diamond hands are.
can't buy on crypto either. they pulling a robinhood.
get some eth and trade for shib on the shibaswap if nothing else works for you. well better do it later tonight because the gas fee is expensive during the day. forgot where i read it, but on tuesday and thursday the ethereum network tends to congest a lot. it means the fee is the highest during those days. i wish vitalik would roll out eth 2.0 sooner. use this link to track the eth gas fee:
when i saw this my little weiner moved a lot
i have all my shib on voyager
coinbase is working fine just restart your app
just got another 5
the level of stupidity behind people who think this will ever achieve a penny
i don’t believe that it isn’t. big money will come in with these posts making people think it’s only going up. when robinhood launches then they sell
loving xpr, omi and woo. hot has not been kind to me so i sold it for omi, best decision.
>3. no spam > >please keep the focus on shib, leash, and bone
buy it on shibaswap. get some eth of some exchange and move the eth to a wallet like meta mask and then you can swap your eth for shib. 1) shibaswap: [ 2) eth gas fee tracker: [ shibaswap is basically the same as uniswap anyway. but you'll help support the dev and the shib community by buying on the shibaswap.
binance or kucoin also have it
i don’t know where they got it but i bought on binance
always its for my grandkids
i don’t know where they did but i bought on binance
coinbase crypto.com or uniswap binance kucoin
he’s already rich if he can throw 75k at a meme coin
crypto.com coinbase uniswap kucoin
i don’t know where they purchased but i did on binance
yeah, i accidentally bought during the peak last time and just sold out at a 20% loss. i'm going back in when the next dip comes around now that i know better.
you don’t need healthy volume to buy 5b, there’s plenty of volume tbh.
thanks !!! now lfg
we all need to be more like this.
5b is old, 5g is the future.
5 b*tches…cuz this homie is gonna go to the 🌙!!! 🚀
i tried for 20 minutes it cost me 3 million. but it finally accepted the order.
i tried for 20 minutes and it cost me 3 million. they kept on saying offer expired. eventually it finally went through.
28x since that purchase?
yeah, just like that total scam "bitcoin", back in the day, right?
i guess we'll see
big facts. just like we all hope it will go big and be rich, it would not though there will be a dramatic drop. that's when you buy big, so when this happens again it is a dramatic gain all in all.
the majority of people here have no fucking idea the basic pitfalls you avoid with investing. the majority of people here have an entrenched gamblers mindset.
i took profits, it can never just go up
winning strat! buy high sell low!
get some eth onto a wallet like meta mask and then swap your eth for shib. you can trade for other tokens also. use the eth gas scanner to time it when the network is not so busy. [ try do it at night like around 1:00 am or a bit later.
they’ve really piddled me off. i was wanting to see what their fees were for selling…so initiated a sell and it wouldn’t let me sell! so be prepared. i don’t think we’ll be able to sell when we want to now.
that’s what they said about dogecoin. also, do you read the white papers and understand the technology or do you draw your conclusions from analysts?
yeah. use a dex like shibaswap.
which is better binance or coinbase?
thanks ;-) even the bots are nice.
why would you sell for a loss?
i brought during last hype and loss about 80% of my investment but well during the dip i load up again and now i’m getting my profit
i bought high kept buying all of the dips sold at a 110% profit to reposition myself into a better spot i love this coin
are you really that sad that you go around talking shit to random people for no reason? i really wish i knew what part of cali you were from so i could split yo shit
5g of sugar would make my life easier now
what happen to the other letters
wait, y' all are billionaires?🤔
i'll try again later at night. tried for 20 min as well.
it’s said that for months
ive been in since last ath.
yeah bet he sold bitcoin at 20k 🤣
let it roll if it hits 1% like most bitcoin investors. let the rest set and see what the future holds. bitcoin is so big cause of the investors still holding out to become trillionairs.
huh? you would have recommended buying btc at 20k in 2017 i'm sure. if you buy at these levels, be prepared for the crash. that is the "dump" part of "pump and dump". we just had the pump.
it's called buying in the crypto app but technically i'm just transferring one coin into another and if you do that they do not charge a fee. gas prices are a beech.
they shitting their pants. things like this could easily make exchanges go belly up.
this isn’t dogecoin though and the tokenomics are completely different. the supply is way too large for this to ever reach a penny. like it’s not going to happen. they would have to burn a fuck ton of coins.
uni has always been good to me
binance imo. and i heard coinbase was crashing when ppl were tryna buy shib last night
dude do you even understand how this works? the chances of it even reaching a penny would mean it is more money than bitcoin and ethereum combined, and then an insane amount more. that’ll never happen. ever.
i thought this was the way
bc i fear we're at our peak and wanted to get out. i'm not sure we'll get back to our buying point and i do not have unlimited cash to throw into things.
i know right haha coins worthless people buy 1 mill it hits the highest ever people buy like crazy hahaa. well guess smart people need those dumb asses to make a full circle back haha
i don’t “trade” the big name cryptos any more, i simply invest whenever i have the spare cash or there’s a market wide flash crash. bid% loss off the bat
i did the exact same. doubled my bag about a month later for 1’m up ~40%.
this is what i missed out on. i'll get back in on the next dip. i'll come out on top, i'm certain of that
yeah i'm going to be late to this game but this is where i'm going lol. i've got my valleys and peaks already marked so when i hit those marks, buy and sell all day. this will do wonders for us!
i prefer the day trading approach. everyone is different though. both will make money so there is really no wrong answer
u drew first blood sonny. im fuckin baffled by your dumbness
[the first time i ever bought and sold a bitcoin](
trust the process ⭐
how large would shib have to be in order to be worth ? i'll give you a hint, it is . 500 trillion. 500,000,000,000,000 dollars. higher than the world's total net wealth of ~431t. whoever got it in your head that shib will go to . getting you to buy and hold to prop up the price so they can sell while they are telling you to buy. people with no understanding of crypto are being preyed on with these ultra low-value tokens. the price of the coin or token means nothing without taking into account market cap.
wait till you find out what bitcoins worth today - you’ll feel pretty dumb. now — wait till you see what shib is worth in 2025.
that's what a dex is for. it's for swapping other coins or tokens for something else. if you think you got it all figured out, then go that route.
for my sake i hope that you’re wrong.
how long does binance take to verify your identity? it’s still pending 😭
you fomo'd out because you spent too much $, only spend what you can afford to lose. next time you buy just hodl by not selling and going long. you only lose when you sell.
shib is barely over a year old! so you let 1 year of fud make those paper hands get wet and soggy, and now your about to do it again? fucking hold you moron! all you paper hand assholes who sold in the red, on behalf of us who bought held and are holding for years, hahahahahahaha...(lil weez)...hahahahaha...you get the point
can't time the market friend
“i think that’s what it means. selling all my shib” is dat you 18 days ago? lmaooooooo
oof. hurts seeing that 😂
my point is there was a period in between where the price was much, much lower. it does not just go up in a straight line forever.
if you're expecting that kind of roi a few cycles later and after shib's recent price action, you're just delusional i'm sorry. how high do you think it will go?
it can still go up a lot! but the amount of money to reach a penny is more than several countries total net worth combined. like bitcoin would be dwarfed by the amount of money it would take to make shib a penny. it’s just not realistically possible right now unless they burned so many coins.
oh i get the logic and agreed. just made a mistake prior and have learned. so far, i sold pretty close to this last peak and while i could have appended to what i currently had, there is no telling this joke coin will continue to produce. odds are it will but i just wanted to make sure i got what i could out of it. i'll be back out on top, i'm sure of that but it will take a little time :)
don't call someone a "moron" when you cannot use the proper variation of "you're". go to school, kid. you do you, i'll do me.
you cannot but if you can sell for a profit, i'll take it. after analyzing where it is been and where it got to, i have an alert set up for high and low points. this is a joke coin so i do not expect it to stay at a high point for too long and i want to take advantage of it is volatility. you might not agree w.
cmon buddy you can do better than typing same shit over again. u really uneducated huh? working hard early morning. yup definitely a loser
higher than it is *now*. that's the whole fucking point. like, do you think people are trying to flip it to .01 in 3 days? absolutely not; we're fully-prepared to hold for years, and keep stacking.
that’s why i bought a lot of shiba inu, so that the slightest movement will increase my earnings by a lot. i bought in 61 million 2 weeks ago.
goodluck... currently at ath
kid? dude i'm banging your grandma right now, paper hand bitch who sold his shit in the red now wants everyone to pity him...awww go buy some gme you paper hand broke bitch, i'm semi retired and in the green mfer
“i think that’s what it means. selling all my shib” 😂😂🤣🤣🤣
case in point: if you waited a mere day you could have bought 35% more for your money. probably more if you wait longer. that is a very poor argument for buying the peak
if it is highly likely to be at a lower price between now and years, then it makes sense to wait and avoid buying the pumps.
yea dude it can still go up or down and you will still get some massive gains if it does run! but it wouldn’t reach a penny. that would literally make thousands of new millionaires which requires an amount of money that’s more than the total market cap of crypto all together where it’s at right now and then some. don’t look at the price look at the percentage gains!
this been on your mind to come back and try to runb it in? don't worry, i'm in top... tool
i never asked for pity, kid. i also do not believe a word you say nor really care. your mom just cooked you a hot pocket. go get it before it gets cold
u won! i cant get dumber
ok moron...i apologize, you are a moron! or you're a moron
got over 100mill for . i didn’t sell at . still not at . hodl peeps!
who sells on a dip lol
staked for another 81 days. everything except my earnings from staking and what i’ve bought on the dip!!!
part of it is all the people posting fud and commenting about how they sold. i hope this period is just a cleansing of non believers and naysayers.
i reached my 100million goals during this dip. hodl hodl hodl
still holding my 250,000,000. i just kinda stop looking at the charts and when i do look at them and notice it’s down….i buy more!
i want to see all the paper hands in tears when this jump anytime.
bots. gonna manipulate the fuck out of this on stock exchanges for months.
it’s shitty whales and their small dick games
the markets in taiwan, red means going up. just flip your charts over and tell yourself you are in taiwan! and hodl 💎
they’re probably trying to short it to test the community. stay strong 💪
i sold just enough to recover my original investment. letting the rest ride! if it goes to zero, i won’t lose what i never had!
who cares where it’s coming from? shib will be worth a lot more than it is right now one day, and all these cry babies who sold for . the same way btc holders sold when they made .
i don’t get how we keep getting more holders and we’ve increased by 20,000+ in 24 hours but we keep dropping. did that guy with the multiple wallets that had ? i’m holding 300m to the moon!!
the whole market is correcting. buy hold buy the dip (thiscounted tickets) and ride the lightning!
retirement here i come
it’s very easy to understand with some research. sept 10, 2021 saw an 87%!!!!!! decline in shib coin value. next month it skyrocketed to ath. last few days have been a steady 15-25% downward slide. we will be okay!!! breath!!!!! lol
yup, just bought 10m more
perfect time to grab your chips for this dip
thanking all the paper hands for helping me reach 10 million shib 🤡
selling is from amateurs who believe the top 10 whale wallets are just some rich ppl holding. when in fact most are for the exchanges to hold your shiba. when you buy shiba on coinbase, voyager etc they dont have a million wallets for everyone. they just hold the coins in one major one for them and have individual address for you to send and receive. so when you look at the top wallets it shows some major ones because those are exchanges!
i'm not f****** selling!!!
all i see is “speculation this” “rumors that” still hold’n
bought more. sorry, not sorry!
bought more today. holding forever
who the fuck is selling???
i'm at 550 mil bought at 4900... hodl... it is our society. i'm a combat marine. hold tight stay strong do not be bitches. our govt. is fucked, our stocks are fucked, our economy is fucked. stay strong. the crypto is tightening up and doing good things). i've gained 40k lost 15k stay strong we will hedge against something i know well(govt. corruption) stay strong real shiba bros!!! in my opinion the u.s. dollar will fold and crypto will gain. *this is not financial advice * strength in numbers...
perfect time to buy some more and relax
just bought 4208754 shiba for , last time i could only buy 3043567 shib for that same amount 😝 , who’s selling when you are getting bumper offer to buy
people that bought late in the game and people taking profits.
i bought 14 million on the dip been holding 6 months now.
the guy “billionaire” is probably robinhood, didn’t the ceo split dogecoin into different wallets as well?
deja vu on this post and a couple of months after my 12 million shiba made me a millionaire 🤞🏼🤞🏼
i’m hodling baby!!! saw a vid that someone said it looks like the whales that own majority of shib are selling their shib little by little until they’re all out instead of sell at once? i don’t understand really but fuck the haters!!!!
even if the whale who moved all the shibs around sells, we’ll just pick up the shares they sell and 💥 🚀 🌝 🐾 🐶
i briefly got spooked yesterday; came to my senses and bought more.
the majority of shib tokens out there are owned by whales. until that changes, they will always be able to manipulate to their liking. theoretically, the rug could be pulled out on this one which is why all my eggs are not in 1 basket. still i hodl!
at last i have 60 karma points. now i can freely write, that i'm very proud to be a part of shibarmy! lets go boys!
selling is good, it brings the festive season up and we can buy more at low prices.
i own 600,000 shib. i paid about . i only paid that much because i was comfortable with it being deleted in case this does not moon. so now i sit on my diamond hands and wait.
something is rotten here. i’ve been buying and holding along with the rest of you but this does not make sense... feels like what they are doing with amc!
i sold 25k at 0.000074 and bought back at 0.000046 ... i sold my bag right after the billionare whale made his moves because i new everyone else would panic. buy low, sell high, rinse and repeat 😎😎😎
holding and staked! listening to the shiburner. 48 hours logged now this week 💎🐾💎
we’re in a descending triangle,could see this touching .000039 before we start jumping up again.
there is selling, but it is not pressure. the volume is really light. there's just a lot of people hodling right now.
hold going up long term!!!
i’m holding let go shibarmy
chill... yeah it sucks, i bought the dip multiple times. as of yesterday, i'm not looking at my portfolio till the end of the year. i'm in for the long run, so not worth stressing over something out of your control.
throw me in. holding xx,xxx,xxxxxxxx in a wallet.
buy and hold . repeat and be patient
hodl shib army hodl ❤️❤️🚀🚀🚀🚀
people around me just bought more
not selling anything i’m actually about to buy more
hodling and still buying more . keep dipping 👍😁🚀
im staking my shit. fuck everybody who's selling. 👉👌
i am not selling anytime soon. as smooth brained as i am, i think crypto is the future. i do not care about getting rich overnight, as long as i get rich at some point. even my two daughters (8y and 10y) are putting some of their allowance in shib. :d
the supplies doubled so everyone needs to double down now 😂
i bought a few more this shit will take off
whales and the new exchanges creating fud to get in at a lower price
shopping season here !!! buy buy and buy !!!
remember those people who sold doge at 005 bahahaha and the true champions still bought at 005
i am just holding. drain the swamps!!
really feel like we’re just purging a shit ton of paper handed bitches and healthily reconsolidating for another take-off relatively well, “soon😂!” but soon enough, where a lot of people are gonna mass regret folding up on our dog and going all in on some of these other hype machines.
200 milli didn’t sell it for . holding strong
panic because it’s dropping in price. sucks.it will take a bit to recover but it will and it will be more steady. these massive quick pumps are always like this. a few years ago btc dropped to the ’s. but look at it now. this is how a coin gets its bones. it has to go through this to gain wealth. the climb back will be slower. and it needs to be. but even if it drops further look at the years growth.
if you pay attention to the wallets selling, the ones really controlling the movement are probably exchange wallets purposely bringing the price down for a new player to join in at a lower price. there’s also multiple fud posts a day to shake out weak hands.
who cares really. if you think you need to sell because it is down, you just do not get the basics even.
it am not dipping... ' shit is on sale!!!!!
agree, there is just not too much selling volume if you look at the charts, i have no clue how it dropped that far, a system glitch?
from pussy ass bitches guys it’s pay day if we can all just buy 😍
buying the dips. holding.
more than hodl, staking long term. future self with thank me.
time is on our side. unless you need a shib themed lambo by this weekend. i'm more of a supra guy myself.
it will come back up buy the dip that’s what i’m doing
they are shorting the coin to oblivion before listing... once listed on rh shift should change
this is the way let’s go
couldn't sell if i wanted to, staking 343,000,000 milly with crypto.com... i'm here to stay and play!!
who would sell in general. im shittlily poor and my 3 dollars went to 227 at one point. if i can be poor and hold so can you
it’s otw back up
this coins only over a year old lol. why sell? would be silly
learn from gme, hold the line & buy the dip
buy the dips and hold its gonna be huge
it's bullshit there are no massive sell offs i see the propaganda all over google and youtube they say sell so its easier to push their coin and by they i mean rival coins
hodlers be holding. nah what i'm say'in?
so got some more since it is in sale.
bought another 2mil with the dip. thinking about buying more. hodl strong!
love the dip i can buy more we have the ticket waiting for the flight to the moon
650 million coins thru the good thru the bad. together we sit. be it the biggest power move or the dumbest move i stick by my insanity and love for shiba.
only adding, not selling. not sure of this selling either. probably some whales manipulating.
i was wondering the same thing
haha! you get more!
pretty sure every coin has whales that cash in after a big run. stay the course. these same whales will eventually reinvest and run it up again
everyone needs to just put reddit down and ignore shib for 5 years. then come back. xd
it’s paper hands who got in at ath cos of media coverage and now panic selling.
i am holding 600 million and ain’t selling… hold!! shib power!!
price not matter. hodl regardless!
i’ve been pumping my whole pay check into this coin for about 2months now. hodl for the win ladies and gents
no point selling now when it’s back down to what i bought in for. i’m it for the long haul. or the big haul.
i wish coinbase offered staking…
buy the mother fucking dip
guys 80% of shib is owned by the top 100 addresses, you guys are literally all fighting over the scraps.
apparently the guy who made 5.6 billion with 8000. maybe he’s also cashing out which is causing this dip. hope that guy’t try to cash out everything and hopefully decides to burn a big portion of his shib
it was probably because btc took a dip. look at the candles now...greenery greenery ahhhhh
btd buy the dip
the big brothers and wall street have access to all information and tools to wreck or salvage their investments
i paid 15m of shibs for 200 buck, i just hold. i dont care if it crash really. it wont. i have always made money in crypto. take 2 months, 3 years and even 7 years with btc.
i love it when they sell. i get to buy it at the dip and load up before it takes off. the gains are going to be amazing when it does 😆
its the guy that made 2bill off 8k. when you drop % of all the tokens it tends to drop. whales will always be greater than the whole
bought 10 nil more during the dip. sitting at almost 60 million, i’m not going anywhere
i’m holding mine for many years to come.
reports are a couple of big whales (that held trillions) sold. there is always a big dip after a big climb. hodl and buy the dip! be a legend!!
i love this community. i’ll never sell. i could be a millionaire from this coin or a broke joke, but i’m never selling. i’d sooner burn it for the benefit of the community than sell.
the average shiba inu holder's net worth is , because on average, each shiba hodler owns 653.1 billion coins. how many do you have? ' do you see the problem?
you must be retarded then lol
just bought another 25 million. zoom out people.
most of the sellers are new to crypto and don’t understand the ebbs and flows of the market. or they get a taste and can’t stand the heat and panic sell never to return.
hodl and buy more
been hodling for a month, took the fire sale yesterday as an opportunity to hold more 🔥
sold and bought back in 15 minutes later. lost 20 m in the process. 160,000,000 still holding!
my sentiments exactly. we are adding new holders at a rapid pace yet there is a lot of selling pressure. i have a theory about the exchanges etc crashing cuz of the momentum in buying. but it’s too long to go through. just let it set in that on the day of the exchanges going down, the total volume of shib traded exceeded 40 billion dollars and 580t shib traded.
theory is that rh is trying to push down so that they can get a cheap position in before listing shiba.
who purchased the dip. 😀😅 i did. 💎🤲. sometimes just need to sell little on ath 😅
i had a profit of 10k last week, did not sell then, sure as shit not gonna sell now.
at 5k profit and im not selling
and they thought we was down. they didn’t know we had an army behind us! let’s go!
i waited until the dip was stagnant and bought 2m more. thank you to all the paper hands that sold during a healthy market "resting" period.
whales have hands too and sometimes they are made of paper
if you just buy and then stake it there is no sell to even consider. you just let it earn money every day for you even when it is down. and robin hood this robin hood that we got to almost a million fucking holders without robin hood robin hood will be icing on the cake but until then who is really sweating it. i learned a long time ago with cannabis slow money is good money.
it’s the whale. the price is and will always be controlled by the whales.
it's the big guys taking profits and scaling out
it’s coming from short term hype beast buyers in the centralized exchanges
people do not understand math. this asset will be number . not if but when so hold.
i have 22.1m shib that i’ve been holding since i bought last month. at its high was worth ,954 and i didn’t sell. no point in selling! hold! 🚀
the billionaire whale takes out 2.9 billion and possibly more i do not know drop the price a little bit and everybody freaks out.
you see a lot of us here came from doge, seeing the price goes down at an insane rate brings back the snl ptsd flashbacks lol. i was close to pulling out, but held onto a hunch. unfortunately we lost a few holders, rip but you would not be missed 😂
i was hoping it would dip lower, i wanted to trade my doge for shib
hold til the bottom drops out!!!!!! hhhoooollllldddddd
i don’t know why paperhands are selling before this is listed on more platforms…. i mean if you are in it for the short term at least be smart about it.
newbie sell shib for elon… well, i hold both
bought more. because, you know, averaging down.
i put in at 2700 and just kept putting in at the lows as we kept climbing those past few weeks, i havent lost money until i cash out for less than what i put in 💯 new to crypto so kinda scary but im willing to lose ~. i need something life changing so i will be holding shib until my portfolio goes all the way up.
just keep buying within your budget be patient you won’t regret it shiba will rise be ready
hitting a million holders will be a big sign to folks!
my shib is for sale… for .01 cent a coin. mfdh 💎🚀
i’ll literally never sell my current position, i’m way too far up from my initial investment to give up that easy.
lol. guys all of us together don’t even hold a billion dollars in shib. we have like a 30 billion dollar cap. we actually control nothing. just enjoy the ride.
not everyone buys shib for the long run. some people buy to make a small profit and move on to whatever shines brightest. i’m all in. i either become a millionaire or burn it to the ground.
i added more acutely ، i can’t sell because i locked my shib
the selling pressure is realistically due to the awarenesses of the fact that sure there may be 900,00 holders but 10 people hold 70percent of the coins. any single coin dump will out hundred of thousands of people deep into the red. best of luck those trying to get some gains for themselves, family and others. hopefully these whales do not shark anyone reading this.
i'm not gonna lie, i have my doubts on this coin but i already threw money at it so i do not think i'm going to throw anymore but i will just let it sit there til something happens
time to buy more!
i was gonna sell but then i remember momma didn’t raise no bitch. plus these massive balls made of pure fucking diamonds help me hodl.
the whales left and we're becoming stronger
that's fine. no pressure here. i'll eat the dip or hodl the dip. we go back up eventually.
still holding till 0.01
here's my plan: 🌑🌑🌑🌑🌑🌑🌑🌑🌑 🌑🌑🌕🌘🌑🌒🌕🌑🌑 🌑🌒🌕🌗🌑🌓🌕🌑🌑 🌑🌒🌕🌗🌑🌓🌕🌘🌑 🌑🌒🌕🌕🌕🌕🌕🌘🌑 🌑🌒🌕🌖🌕🌔🌕🌘🌑 🌑🌒🌕🌗🌑🌓🌕🌘🌑 🌑🌒🌕🌘🌑🌓🌕🌘🌑 🌑🌑🌑🌑🌑🌑🌑🌑🌑 🌑🌑🌑🌑🌑🌑🌑🌑🌑 🌑🌑🌑🌔🌕🌖🌑🌑🌑 🌑🌑🌔🌕🌕🌕🌕🌑🌑 🌑🌒🌕🌗🌑🌒🌕🌗🌑 🌑🌓🌕🌘🌑🌑🌕🌗🌑 🌑🌓🌕🌘🌑🌒🌕🌗🌑 🌑🌒🌕🌖🌑🌓🌕🌘🌑 🌑🌑🌓🌕🌕🌕🌖🌑🌑 🌑🌑🌑🌑🌑🌑🌑🌑🌑 🌑🌑🌑🌑🌑🌑🌑🌑🌑 🌑🌑🌕🌕🌕🌑🌑🌑🌑 🌑🌑🌕🌕🌕🌕🌗🌑🌑 🌑🌑🌕🌖🌑🌓🌕🌘🌑 🌑🌑🌕🌖🌑🌓🌕🌘🌑 🌑🌑🌕🌖🌑🌓🌕🌘🌑 🌑🌑🌕🌗🌑🌕🌕🌑🌑 🌑🌑🌕🌕🌕🌕🌘🌑🌑 🌑🌑🌑🌑🌑🌑🌑🌑🌑 🌑🌑🌑🌑🌑🌑🌑🌑🌑 🌑🌑🌒🌕🌑🌑🌑🌑🌑 🌑🌑🌓🌕🌘🌑🌑🌑🌑 🌑🌑🌓🌕🌘🌑🌑🌑🌑 🌑🌑🌓🌕🌑🌑🌑🌑🌑 🌑🌑🌓🌕🌑🌑🌑🌑🌑 🌑🌑🌓🌕🌘🌑🌑🌑🌑 🌑🌑🌓🌕🌕🌕🌖🌑🌑 🌑🌑🌑🌑🌑🌑🌑🌑🌑
well, we need to keep up the buying pressure then. hell, i did not even know that you could short shib until 2 weeks ago. blew my mind.
lfg just got 100
saitama is a better project then shib but i’m still holding
it doesn’t matter if we buy or sell... the whales are selling and that’s what matters!
sell it all!!!!! paper handed bitches.
someone sold for 5b fiat, easy. now we have the dip.
my selling pressure same from a series of unfortunate events such as, totaling my car at my gfs baby shower, having a baby in less than a couple months, then seeing the price plummet and def needing those profits now rather than break even. it sucks ass, i wanted to hold, but my family comes first and we need that money now. so i reluctantly cashed out my (due date). i will buy more down the road, after everything is settled. sorry everyone, please don’t lynch me.
staked my shib can’t sell till at least january
“oh no i’m down ,000! better sell before the price goes back up” - some paper handed idiot
until this moment i was a holder. no more. i still love the coin but the manipulation behind this coin is something else and i think is elon doing it. im gonna take a break until the weekend and perhaps i’ll buy back it keeps dropping don’t feel offended. i went from .5k to . and i just need to protect the little i have. still made few bucks. see you all again on saturday night. hopefully i’ll buy again
shibarmy all day everyday to the moon
all the “holders” cashing out fags
80% of tokens belong to 1% of holders. thats where the selling is happening.
the fucking guy with 5billion dollars worth of shib you fucking retards... 🤣
all the new holders are going to be left with the bag. the earlier you got in the bigger your bag, they’re selling for real money while you’re 2k investment is getting fucked lmao
backlash from squid, the market cap is in the billions now for shib. no one is becoming a millionaire this week off a token that already has a high market cap. elon coin taking attention with no utility and other gaming tokens that actually have games with lower market caps are being targeted for faster gains. shib hodlrs that bought into the utility of shib will stick around until they see the platform did not deliver on the promises. like safemoon for instance a year ago was talking about its own exchange and a usable visa type card and none of that has come to fruition. most shib buyers in the last rally are just chasing green candles. doge had a utility that drove its price up. shib on the other hand is not exchanged on social media platforms or gifted or rewarded like doge or moons. so if shib don’t deliver on promises of its own exchange, nft market place and spending card then its dead. buying shib will not produce value to the token. utility will bring value to the token. when shib came out it talked a thisruptive talk as if it was going to bring ease of use to nft exchanges and reduce gas fees for minting. the time for talk is over and it’s time to see production in the project. matic will outpace shib, lrc, derace, sol, enjin, the list goes on with functional tokens. i tried to buy a . without a use case in use shib is dead.
well the equation is simple meme token = hype no hype = selling selling = fall
the circulating supply is fucked up that’s why it’s going down. people don’t have faith in the token anymore. i’m still holding but once it pumps again i’m out of here
yes, it is me!
is the coin going to realistically climb up a bit? what time does it usually occur?
where are you guys getting these numbers from?
can’t wait for a mln. short sellers, get out pls.
i believe it’s still shock response to “oh hey we found an extra 150 trillion coins in the air vent.”
guys been holding shiba for more than 6 months i could of cashed out but still holding come on guys we have to start spreading good news about shiiba not let it affects us
im stoked. gonna double my stack.
they did the math. so many threads asking the same question with bewilderment. you need a few trillion wallet holders each with hundreds of millions of shiba to begin to make a tiny dent and then there’s that silly bit about market cap. have fun on the trade but don’t lose sight of facts.
about to restake my bag for another three months and earn free shib for the next bump this is going to the motha fuckin noon people.
from what i heard it’s one whale. you guys remember about a week or two ago when we woke up to a huge increase? that won’t be the last time lol
it's liquidity going on to kucoin.
you only need one person to sell. [ this guy has about -4 billion in shib. how much would shib crash if he sold 10% of his hodl?
those bloody whales smh. how dare they sell and make money at our expense!!
people are worried about grandshib moving his piles around. it’s as simple as that. you’ve gotta figure he’s gonna sell some but hopefully not tank us as feared.
why watch it peak to sell now. you know that the previous peak was just the start. "you know this bradda" - khabib
i watch mine holding hit 28k now at 13k and i’m still hodling took zero profit and bought the sale
well, technically speaking, you buying the dip and queueing the price low is what is causing the price to go down lol
paper handed bitches. i’m hoping they add back a zero, then i’ll throw another
from the guy that made billions with a few hundred and it is just beginning...get out and come back later.
tading bots and large amount of tokens on cexes,
just bought a little bit, .
maybe the big whale move has something to do with the fud? like 2 billion being moved to 4 diff wallets, some sources online say this can be an indication the whale is prepping to sell. apparently this is all a return on a .
shit is like pokémon gotta catch them all. 6500 in and still buyin. getting another 1000 worth in the am after that. i will buy .10 a shiba inu no swing just buyin. if it takes years cool. this is what i should have done the moment i heard about bit coin. shib is going through similar growing pains.
lol really you don’t know is whales 🐳
everything is kinda shaky and something like shib can fuck around and drop 50%+ in a flash before a lot of other cryptos. it can gain that too, it’s super volatile which is enjoyable to me. but i assume it’s people who are worried we’re in for a correction and shib will drop harder than most
if you bought at top you’re a rookie. haven’t been in the crypto space long enough. that’s just something you learn as you go. got take the l some times if you want to learn.
1 old holder with 10m leaving. i mean makes sense in my head.
whales are suppression the price you can see that by looking at the huge volume, shib is still number 1 on volume on binance... they want more for cheaper, then they will simply stop selling and add buy pressure causing it to explode... i'm filling up all the way down idc
the holders number is a bad number. there are a lot of companies trying to entice new sign ups with . those accounts are worthless. also. i have been sending shiba from wallet to wallet. what ends up happening is i have a handful of left over shiba in each account. do my four wallets all get counted?! if that true, the real number of holders goes way down. which is not a bad things. it means the public has not caught on yet.
people buying hight and selling low 🥴
paperhand pussys, the same people that say cryptocurrencies are a scam. lots of fud but big things are coming, i’m holding although will take some profit when we slay the next 0 and buy back in on the dip 👊
someone has to buy in order for someone to sell, the number of holders doesn’t tell you much. it’s most likely earlier buyers who hold larger amounts, as well as people who bought on the way up and are looking for an out now (including opportunistic big spenders). at this higher price people will be buying fewer coins on average, so it could take several buyers to cover a seller’s order.
money laundering by hedge funds to fight the meme stocks…...its coming from crime.
i'm still up over 10x so why would i sell? the belief you had for shib 0.00009 is the same belief you have for it now, just remember that.
i think they are testing the platform and may be working on fixing some bugs. i believe robinhood was waiting for a technical analysis before listing shib. if this is the case, then it means shib will go to the moon!
it's the holidays , people gotta make sure they take profits . nothing wrong with taking profits .
this weekend is going to explode the big guys they will cause some way to bring the coin down to buy it at an awesome rate
after the moass we're gonna help shib drop another 0 mark my words. this is the way.
can i get a hoooooyeaaaah
checkoit the dd on shibadults sub it explains what is happening. in a nutshell most people are holding and the buying pressure is slower so the sells are having more impact right now. what we need is a killer catalyst.
from the “holders.” what else could it be?
holding strong!!!so glad i did not sell any of my shibs! i was able to resist the temptation and fear. hodl guys and we're gonna get through this, we will win and reach our goals🚀🚀🚀🚀
a whale lost their wallet, found their wallet, and is moving stuff around and everyone is getting a little bit tetchy... everybody just calm down, and buy
i sold last week for x3 profit and just rebought the same amount. is that how we are supposed to do it?
bot programs are popping up everywhere now. pretty sad.
still holding my 2,1m there, only put 40 euros, it can stay there until the gig builds up!
i am now on the wrong platform to trade, they steal moneys. but after i move to the good one i will make good investments
i wish it would dip more, so i could buy 100 mill shibs with low price.
only got 2.500.000 shib but holding a buying more
all it takes is one whale. i fortunately i’m pretty sure we have a couple of them. not having a lot of investors in shib make the coin weak. we need more to join the shib army
just bought 2 mil more
they bought at 8 or 7 and are panicking they will lose everything… not hard to understand… let us buy them out…
got 200,000 coins just for 17 usdt... ***"i'm not f\*\*\*ing selling"***
i keep buying since may. we will be self made millionaires!!! with pistols in the air! grab your bags when you see 2 pac ! call the cop when you see 2 pac… but 2 pac of bags full of kasi madafakas!!!
consider it taking a breath. it’s preparing for its next run 🆙. this ain’t wall street bitches stop selling and load up roughly . stop crying start buying. if you do sell i promise we will buy your shity hand
bogdanov tries to dump shiba
bought 21mil more during these dips. :d
for the last couple of days the only people that are selling are the ones that are looking at daily chart, as long as they keep looking at the daily chart they are going to be tricked in to selling. i never look at the daily or hourly chart, i completely ignore them. i’m just slowly accumulating as it goes down. 😂
imo it would only come from whales. who are either late to the party and want to get in lower so they tell their buddies to drop it down. or there is my profit to be made so the buyers are selling to buy lower.
i heard someone caused a land slide when they moved 2.3 bln to their wallet.
the .7 billion whale dummy
selling i see only buying pressure
i bought more, at 24m now!
im holding my 468,176.38 shiba inu and i plan on buying more
not from this group
stupid people looking for a quick buck when a bigger buck is coming down the line. there will be more burns. there will be more utility, but it takes time. i’m sorting at 55 million and hodling for a while till it gets closer to a penny. even then i’ll probably hold a bulk of it.
i'm holding 6 months now, not ready to sell!!
i hope you all but that blessing my of a dip 🚀🚀🚀
it’s from the guy who own 5 billion usd …he divided his wallet to 10 wallet and start selling step by step that’s why we are continue going down
m holding 17 million s
i got weak and sold…bought back in with 100m more than i had when i sold. now holding. sorry for the paper hands yesterday, i’m back on now though.
diamond hands here i am not go nowhere
probably since we just fucking lost like 500 in a day on a shitcoin that’s why people like me were kinda sussing out since i’m new to this whole crypto thing but i trust shitcoins if we stay as a community on reddit and tell our family and friends so yes i’m still holding 21.7 mil shib
on the move like shiba was not going to go back up come on, that’s how the markets are up and down your job is to buy withing your budget on the dips and be patient like a lion hunting
why would you sell when it is not a dollar yet?
i’m holding 30 million shib.
lets go!!! manage !!!!!!
there a whale that moved trillions of coins.
i bought at the highest it is been. i'll wait. patiently.
i'm glad i bought the dip if i had more cash i would have bought alot more to bad coinbase does not except thiscover
lost 20k profits on that dip and still holding like a god damn champion diamond handed fuck.
i love my blue diamond balls!!!
anyone here play vanguard i need some shiba mates to run with
i still got my 40 million shib!!!! i am not selling!!!!! shib to .01!!!!!!!
holding 337,666,000. didn’t sell at 29k profit and don’t plan on selling until a small withdrawal at .001
got 62 mil for (shibxm on etoro unfortunately)…and another 10 mil for 1 bnb
shiba inu will break out tomorrow morning 0.0008 huge recovery. volume and chart 👍 👌 👍 👌 👍 👌 👍 👌 👍 👌 👍 👌 👍 👌 👍 👌 👍 👌 👍 👌 👍 👌 👍 👌
just big whales getting out, bunch of smaller people getting in, but they will spread the good word lol
it’s coming from everyone who says they are holders. it’s a shit coin and someone owns trillions and people wanna get before he dumps
whales, they control 70% of all shibas.
i think some of it was triggered after the squid game coin chaos
some og holders with gajillions of shibs sold… that’s why… i’m happy the userbase is growing though. let’s get to 1 mil. then 1.5 mil. then 2 mil. let’s get more holders than doge!!!
bc it’s been revealed that 10 or so wallets hold 70% of all circulating shib and one of the holders just opened a bunch of wallets, many think the few holders are going to cash out. that being said, i’m still hodling wtf
i’m seeing a lot of holders jumping on the elon bandwagon. i hold elon but swing trading cryptos is not supportive and not cool.
the person with billions of dollars has been moving their coins to other wallets. people are scared and are ready for a huge drop
i mean, your top holders are whales soo...
how about the top wallet who owns 16% of the supply and dumps million everyday ?
lol, comes from those 5 guys who hold a shit ton of shib. the one that has unrealized gains of 5.5 billion would probably want to get that lambo now and someone needs to be buying his coins, if most of you are holding, then the price goes down because he’s trying to sell more than people are buying. 🤷‍♂️
if there’s a dip, you just buy more 🤷🏻‍♂️ “trust me bruh!”
buy floki inu 🤷🏻‍♂️
as a some one who bought shib expecting it not to preform i did find it suspicious how high the trade volume was when it was rising. at some points it was 300million trades. i’ve never seen this in any of the other coins so i would say it’s being done by banking . only do they have the resources to conduct that kind of effort. i’m not surprised that selling is also happening in the same levels of trade volume too. pump and dump is practiced across all coins and we have to learn how to ride that should that be your intention. shib will fall for now but then it will rise again
100% i didnt sell with 3k profit - i bought way before this spike. hodl 5ever
got 7 mill for 600:
same boat for me💪summer was rough but, i stayed in the game. i trust the project!
haha bro that’s exact same amount for the exact same price. i’m not selling either, i want this yolo to be meme numbers
hey, we got in at the same time and held together through the first big wave and dips...i love you, bromate!
345m for 300 quid back in april! i've been a poor man, and i've been a rich man and i choose rich every fucking time!!! 😬 i'm not fuckin selling
me too! 🚀 🚀 🚀 🚀 🚀
should of at least got back your investment just saying
i got 100mill for around 1.5k and didnt sell either.
same here still holding!!! hold the line people!!!
wish i joined in when you did lol, i bought in early october and for half of that i’m holding only 6.1mil.
waiting to go back in the 4’s so i can grab more
same! 105 mill ... didn't sell for .9k, now .3k
got 110 million here, held through shibageddon, and still hodling
same plus it was staked anyways
people playing dress up thinking they are investors
paper hands, that is who
buy on the dip
paper balls, that’s why yall single!
losers. god damn losers.
people who don’t want to make money
sawg ma diamond balls 💎🏀⚽️ paper hands
people who invested more than they can afford lol
i mean if you’re in the green and you think it might go even lower (and not come back any time soon), it makes sense to sell on a dip. move it to something else that’s moving up. even if you think it’s going to consolidate for a while, like it did this year after the previous high, there’s no purpose in letting it sit there. it looks to me like it’s hanging around 5000, and without a catalyst to push it up, it may not go anywhere anytime soon. the truth is i don’t know and no one else does either. right now i bought in at 2995 and 4140, so i’m green and if this were a stock and i was up 40% or so i’d sell for sure.
i sold some…at almost 7x my purchase price. don’t see much issue with taking profits, especially if it’s gonna trend down for a bit.
paper hands alonso sells on the dip
buy ryoshi token !!!!
panickers who bought thinking it is a get rich quick scheme that failed them. scenario - shib noob: *buys shib at peak speaking to friends* "omg guys you'll never guess what. got in hella early with this crypto aye. gonna be rich.' also shib noob: **sells at first sign of dip**
wish i could stake on coinbase. in this for the long haul.
where you staking at? thinking about staking on shibswap with my shib but apy seems low af
what happens to staked tokens after 6 months? do we still make interest?
was gonna sell at .00006 €, but my pure diamond fingers are so fat i hit the buy button instead and almost doubled my stash 🚀 hodl
it is...but if we do not watch out we could let them same people buy in low we need to just hold and promote holding and buying, inform people about taxes on their earnings as well as the rewards that can be earned when this does get to (staking) and digging (liquidity) i have earned 100mil ryoshi and over 300 bone. i have earned a small amount of xshib and xleash its not a lot because the price of .
yeah. it is a bit weird. especially if you consider that the meme tokens are the ones driving the mass adoption. but i digress. the current gen does not know how to hodl yet.
not everyone can get rich off crypto. this is one of the trials. risk big, win big.
everytime it dips, the haters will come out and spread fud. talking about how smart they are for not investing and. small minded people, we should pay them no mind.
imagine forming a cult like devotion to a useless meme coin. you will be added to the list of deluded morons that lost tons of money bagholding useless shit this year along with all the gme, amc, dogecoin, etc.
i'm not dumping 1 single shib.
congrats! 🎊 i’m almost there!! 90m now baby
i've been tempted but, not yet. i spent 350 yesterday thinking the dip was over.
and then they jump back in at ath so they can lose more on the next dip.
true. trying to shake off the paper handed pansies
we need that big dick energy
that's what i need to do. always worried about taxes. my wife says we would not be taxed on withdrawing my initial investment so i'm just waiting for a little pump.
i bought most of mine below .00002 i'm good.
have realistic expectations. for you to become a millionaire with 12 million shib investment then the whole world needs to abandon all currencies and only use shib.
the major whale wallets are the exchanges where your shiba is held! people seem to get that confused!
the rug has been pulled i feel.
i’ve been in amc since february…eerily similar feeling. holding both.
how do you listen ?
i will buy a ton of it gets back to the 3s
i'm hoping for .00002
shit maybe even low 3’s. 2 would be nice tho.
have you seen the volume it was pushing 9 trillion today.
no stress here. i bought most of mine under .00002. just striking up conversation.
i'll see what i wake up to. i'm ready to quadruple my bag. just waiting on the trigger pull.
i got my buddy in he bought million yesterday i've been trying to get him since may to buy
well big sells happen when people blindly follow the crowd without any intense thinking
look at the chart. everytime we get a little run up, boom, red candles.
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he hasn’t sold one coin.
yes, and it sucks.
i have 39 billion saitama as well.
i'm not going anywhere. just striking conversation. my god.
same here. i'm down 6k but i'm holding.
if you think you can time the crypto markets ? your in the wrong place. your dealing with the world.
dang! i’ll be a gazillionare if i knew
watch this explode. my whale detector is sensing some big unidentified objects in the water. big institutions lurking
more ppl want to buy low now and that drags price down
it traded sideways for basically an entire week what are you talking about?
it's because of the insane amount of holders buying more.
got 11 mill for
got 25 mil for 50€
never purchase more than you can afford to lose
then don’t invest what you can’t lose
it's not the top bro.
it’s the only way to recover is to hodl and wait.
“you never invest what you can’t afford to lose.” - any person with any common sense
i understand your point. is this really the top though? my opinion... no, this is the beginning...but i dunno shit about fuck so... just do not put in more than you can afford to lose. whatever that is, that is all you. respect ✌️
perspective... you am not lost yet. if you wait till its above your buying point, then you get profit, simple.
but why invest at the top? then you can only lose right? so there had not been a top, you just wait.
those people should not be investing.
thats why you hold even harder xd youre a fucking idiot for selling at a you dont deserve to invest if you cant handle the risk bitch
i bought low although at ath at the time, and i bought ath recently. so it is not easy for people with massive profit, since they did not start with a massive profit...
just hodl! i bought at the top the first time but i got faith and so far i haven’t been thisappointed. everything will be fine if you trust the process.
better yet, your entire or more than 90% of your crypto bag should not be meme coins. shib is about 1% of my crypto holdings. if i lose a few grand oh well, i make it up with other crypto coins, staking, mining...multiple sources of crypto income. that being said i get it as a ton of people are in your situation. hopefully this pans out and if not, it will be a good lesson to learn.
what kind of moron invests money they can’t afford to lose in a dog coin. like it’s not even a good project. literally built on ethereum so why would you invest into shib when you can get the real deal in eth.
half the holders are on this reddit?? damn!
they need diamond ballz
same. still regretting having bought via coinbase. also, miner fees have become ultimately ridiculous, it’s between 500-800. i have no choice but to hold till 1 cent, and when that happens i might as well hold till 10 cents. so, yeah, i’m here for the super long long run.
where do you keep it?
same here, how old is shib again? with a community this big this fast, i just see it as a sign of things to come. the more positivity the more people feel comfortable buying and hodling, crypto will be here generation after generation for people to get into. it’s good to hold positive intentions long term and not become a slave to instant gratification and negative thinking.
this is hilarious thinking it will ever hit a dollar. save my comment if you want, you guys are actually part of a cult
you mean until 6 more zeros are dropped.
that’s dark man, not how the world works thankfully. try cheering up a little lots of amazing people in the shib community. onward and upward.
no point in selling now. i’m still up. fuck it
me neither bro, this is the most patient i’ve ever been
same here i'm waiting for this to find a bottom i thought it was yesterday but clearly i was wrong
same!! i spent ; but they marked it down more.
i was just there watching the news and i’m like damn so redddd. my gf was like nooo that’s good 😂
that’s not how it works. if you bought 100 coins for (50 cents per coin) and then later sold 10 coins for (), you will owe taxes on the (.50 per coin). it doesn’t matter that you only sold enough to cover your initial investment.
what country? i’m thinking more about the taxes and how i’ve kept no ledger since starting in august
nope. i've been here since early may. been there, still here. chill, have a drink, read a book
they are hiding the volume.
crypto. com has a staking option. they have a crypto earn section where you see your portfolio. voyager has an automatic 2% built in if you hold more than a month. shibaswap you can bury your tokens but fees are high due to eth gas when transferring (can’t wait for shibarium and the eth2 upgrade to complete 🚀)
spotify, look up shiburner. other platforms as well if i’m not mistaken. there’s a site with the listed platforms and explanation
search biggerentertainment shib burner 🚀🚀🚀
yea, i feel you. i just made a transfer on wb, waiting for it to clear and then i’ll probably do what your saying and see the field
i'm up to just over 3 billion shib...
222 million here -
i like candles, especially yankee, although overpriced
lol, i think i replied to someone rise on the wrong line. 😅
not true from what i’ve read. haven’t verified it myself tho
11 billion here, hopefully will see some action next week with the kucoin listing and the release of saitamamask
i know. im just playing. everyone needs to chill. good things take time.
i’m taking a gamble like everyone else that the way is showing is gonna keep dropping. i hate that. i honestly hate that for everyone. but we gotta protect what we invested. overall i end up making “just” . let’s just see what happens. i love you guys. this community is great with the exception of all the fud and all. best of luck
down 16 k … hold strong 💪🏻
i should have just sold last week and reaped more profits. oh well!
looking for a trend...like when asia and europe get involved...or usual times of day for buying pressure...you know the things that happen even in crypto!😂🤣😂
following people to subs is just going to get you banned off every one...
excuse my frustrations i was upset. i thought i bought the dip and it kept dipping lmao
this. shouldn’t be doing it if you can’t afford to lose, crypto is arguably the most or at least one of the most volatile asset classes to have ever existed, there’s downside risk with any investment, crypto is magnified. got to accept it jumping in
i’m backing that. was sitting on 50 mil. way back worth 435. now i’m sitting at over 2000. that’s after selling my other 50 mis to provide liquidity for shobaswap. both have been good to me. there is a strong army here.
what is selling? i just like the coin
yeah tell that to all the bby hodlers still holding bags from 2007.
many doge guys saying that who bought at .75
it’s a gamble in this casino. especially if the token isn’t functional. memes don’t last forever
bro. thats not me. scroll through this board. plenty young kids investing way too much and wanting , “moon”
i used coinbase wallet to get ~. it cost me
try to convert it to lighter coins beforehand (non-smart contract)
on coinspot at the moment
since august 2020 so really not that long and market cap grew insanely fast in the last few years
anything is possible with this shit dont be stupid in 10 years who knows it might be 20$
so, if you didn’t cash out at 64b mc i’m afraid you made a terrible mistake. those big wallets made their money... the hodlers gave it to them.
yep, be sure to come back and remind me i'm wrong when it hits 1 cent. too bad for you...that opportunity will never arrive.
oh it is just that whale moving trillions shib into some wallets is all. he caused a little worry. no worries things will recover. prepare thy feasting when it hits a penny. we are still the early days adopters.
i could easily buy back in below my initial buy in at 2008...it will get there by monday or tues. it will probably get back 3 digits next weekend just speaking honestly.
i like the roman ones
you should verify yourself then. hasn't sold a single token. the tokens has just been split between 5 wallets instead of 1. dont believe everything you read
i have high hopes.
it is most protected while invested 🤙🏼
i'm holding on for another pump. i really want to start buying eth with my alt coin earnings. should have bought 2 eth the other day.
if you figure it out ? let us know. i do not.
wash trading is when whales, or exchanges, sell and buy to themselves, selling or buying into their own buy. it makes the market look like it is having organic movements when in fact they are manipulated. it's extremely common in crypto. the intent is to draw retaillers into bull and bear traps.
lol 😂 my bad lemme edit that
honestly i’ve never used that and don’t know if you can stake it there. i did see the other day that someone was getting around 5% on binance. i only get 2% on crypto.com
so just over a year, and it became a top performing crypto. shib will definitely still be here in a decade.
probably he is gona burn one wallet
well yeah, because he is going to sell some. that is super obvious to everyone right?
absolutely, it is your money. encourage you to do you. cheers!
me too holding both
two sides to every story. you said things, too. mods are just gonna remove you.
ahhh that explains a lot. thanks 😊
lol i actually lold
same here, i have mine staked on crypto.com.
this is true, binance offers staking for 30, 60 and 90 days. 5% apy for 90 days and the others offer lower %.
one can only hope 🤞
yeah lost another 400 just while messaging with you🤣😂🤦‍♂️
auto correct got me i swear lol 😝
me 3 78 days left
good returns on staking on [cryto.com]( ?? thats where some mine is currently stashed
you only lose when you sell, hold!
lick my cute little shiba nuts
i literally got a coworker who is trying to burn me with the exact same word a couple weeks ago called me - “ a looser”
same lol, i know until mid jan💪🏾💪🏾💪🏾
oh i was green...my account was up 3k
them word be tricky man lol
send a spongebob meme to my boss saying “ight, i’m out.”
crying of joy. shaking hands. knees weak arms are heavy edit: this is my highest liked comment ive ever had thank you shibs ❤️
still holding. when we hit .01. it’ll go higher. people will hear about us making money and want in.
first cry. then cry again. then sell 3. don't hate but this would be family lineage changing opportunity and i could not pass that up
i'm still not f'n selling!!!!!
personally slap my boss in the face then pay the lawyer bills then slap him again.
oke thanks for spoiling the movie bro 😂
i would say…”huh…that’s cool” and then roll back over and go to sleep cause that shit ain’t high enough!!!!!!
i'd likely shit myself
letter of resignation completed for auto send ✅ lambo ordered ✅ passport ready ✅ flight and accommodation booked ✅ e transfers to loved ones sent ✅ ✌🚀
1 dollar guys!!! or 0.99!!!!!
i would beat off. just to make sure it is real. nothing and i mean nothing beats that post nut clarity
i would buy everyone on this thread a lambo to add to the collection lol 😂
a lot of millionaires will be created! but i'm not selling.01¢ maybe .66¢ or .78¢. i could buy a football team.
i’m rich bitch!!!! (dave chappele voice)
call my lawyer and say, "remember what we talked about? ... it's time.".
i know it is not what y'all want to hear, but i would sell at this point. i would basically be a millionaire. i honestly doubt this will happen in any reasonable amount of time, and my realistic goal is for us to hit about .00065 this would be enough for me to pay my student loans and would be massively life changing for me. i would love to see some massive growth like this but i really just want to pay my student loans.
it would be very similar to a scene from half baked in the early 2000’s, as i walk into the office “fu, fu, fu, your cool, fu’m out”
get my dealer on the phone. "no more 20's" "give me an 8 ball"
i would shove my phone up my ass to prevent the shit from seeping out so fast
sorry boys but at that point i’d sell 90%, tattoo shib on my inner thigh and gtfo america 😎
giving my job a two weeks notice so that i can pocket the change, and then breath a huge sigh of relief. i'll be happy that my life has been given some stability, and i would not have to work super hard to ensure future generations of my family have a great starting point. people spend all their lives working, it is nothing to take a risk on something that could change your life forever.
i get a hellcat, you get a hellcat, we all get a hellcat.
i think i'd pass my phone to my wife to confirm, wouldnt trust my eyes. honestly means my kids have school covered. that's what i care about.
probably shit out all holes.
nothing. cause i hodl
i will tattoo sia on my face
then i would be watching very carefully for the next week or so. spikes anywhere close to a dime and i’m retiring…😂
dancing like a boss and not selling much, just enough to have an equivalent anual income and avoiding crash the market, so i do not affect others in the shibarmy fam
id finally be able to start my business of owning a chill dive bar and making people feel at home after a long day at work
my reaction would be: sell it all!!!!!
honestly i'd probably sell half, i wouldn't wanna get rid of all of my shiba because i wouldn't wanna depart from the community. then half of what i sold would go towards diversifying my portfolio, and the rest i'd cash out to pay off some debt, quit my job and have some fun for a while.
wow it’s worth trillions…. 🙄
keep raising the 🖕🏻 to the naysayers!
😆😆😆😆😆😆😆😆🤑🤑🤑🤑🤑🤑🤑for all shib holders...and still hold to .10c🙏🙏🙏🙏🙏
i got student loans so i’d sell. sorry i’m not sorry.
sell for .4 mil so i can live on without worries with 1 mil in bank. keep the rest in and ride with it. because it’ll be the shit of all coins to me for life.
i would scream and cry because no more student debt and i can get my teaching certification!
i’m shib shady number one shib shady you other shib shady’s are just imitating
walk into a random person's house, jump in their couch and start cleaning my shoes on it while yelling "i'm rich, bitch!"
i’m not getting out of bed for less then .10 but it’s true. if everyone on shib army bought 13 million shares it would get to .01. check the math
forgetting to breathe at first, maybe a little pee, joy, relief, secure
pull out enough to make rent and groceries and ride the rest to the moon 🌙
i would go on leave from my job
there be a little po po in my work briches my fine fello
i’ve thought if this many times. i really think if holler uncontrollably.
life too short to hodl
i still don’t think i would sell lol
las vegas for like two months 🚀🌍
i would hold for .10
like so many others sell sell sell. just 20 mil though. hold the rest. i can live a while on 200k.
give it a couple days, see if it is a glitch or can go higher and then figure from there.
i’ll be jumping and eating hot peppers 🌶!
i’m rich 🤑 bitch
i’d scream and cry and cum! 🥵
i could pay off my house, but honestly i want to hold still.
i'd 💩💩💩 a 🐈‍⬛... then probably keep holding
i’d pay off my house and send me wife to dr miami
i would scream i can finally add chicken to my ramen noodles 🍜 🙏🏼
quit my job. via text. or ghost. not sure
i'd prob need a bucket of ice , a 9 iron, and chocolate syrup
i would tattoo shiba on my face
sorry, but i’d sell quite a bit of it, i’m a broke college student and that would help pay for college.
i would cashout right away. i would have about 1 million usd) buy myself a penthouse, apartment and my dream car. penthouse , apartment , dream car .
if it ever hits .01 than i know it’ll hit .10 so i’d be holding
“i’m not fucking selling”
i would piss, shit, and throw-up all at once! 400 milly holding strong and increasing position every month.
do you guys think at that point everyone will sell?
ain’t shit till .20c haha i’ll hold for moon or zero
i would buy a real shiba inu
cash out 65% and turn it back around into new investments like shib.
try and sell off before everyone causes a massive crash...
ill be quitting my job and going full time crypto. cause it pays
and next second back to 0.000001
tell my boss to fck off.
if this happens i will tattoo the shib logo on me
nowhere near what my reaction will be in 5years when the charts saying .50🤪😂💪💪💪
my reaction would be flying out to colorado and buying a ranch.
i’m rich bitch! (honk, honk)
call my tax guy so i don’t get raped by irs.
“hey listen, i quit”
sell half and pay my house off
“oh god…. we’re worth 3x the entire crypto market combined! why did i waste money on buying bitcoin and ether too!?!”
i would at last be able to start a new life with my family. a new begin. no more 9-5 job. i would at last have more time for my family and follow my passion. i really hope this happens. lots of peoples lives will change. i trust in shiba and the community!
mom!!! mom get the camera!!!
this is a screenshot from the future...a very near future...💎🚀
well... already when i saw this post almost got chocked. 😂
id go to work early cuz im always late, then id buy everyone lunch and pay for it and walk out without saying a word and then go pay off my moms house in my lambo
well... i’m retiring at 19 if that happens.
i'd shit my pants
i’d still probably hold 😆 hoping it would hit 10 cents. one we hit a penny, the sky is the limit let’s be honest.
imma have a heart attack and die and never get to reap the rewards 😂
….quit my 9-5 and immediately move…
immediately start a foundation to help underprivileged people buy homes
i would make my gtr the highest hp in the world 🌎. i reckon 2500hp should do it
i’ll have to rub one out to make sure it’s real.
break out the coke and strippers and buy the wide a new boyfriend.
i would be twittering to get all shibarmy’s around the world to get busy to get it higher!! i’m not selling until we get it to at least .00!!! there will be profit taking but there will be others that will start buying and others to be adding. let’s get that next zero to drop off!!! stay positive and hopefully there won’t be any dips to buy and it only goes higher! thanks
cry in my new condo, on my new husband’s arm, in mykonos
i would probably sell some to pay off my house, all bills, and quit my job. i could then focus on building a handicap accessible home for my thisabled child so that they could have independence without feeling like they are obligated to live with us. my kids are *always* welcome in our family home, but without a substantial increase in money, i'm afraid my kid will never be given the safe, independent living accommodations they deserve. i could even hire someone for them to help with daily living things if that was the desire. finally, i'd invest in alternative therapies and research that aims to help others with the same thisabilities. all this after i go to see the ocean for the first time.
i'd cum. all over the place. in my pants. on the walls.on the ceiling on your mom. on your legally aged sister. on the mona lisa. then i would die of dehydration. ez... or at least thats how i think it would go
i’ll name my island shibinu and all my shib soldiers are welcome for a visit
every. one. of. us. would be rich.
relief in financial security for wife and kids so i can go to surgery finally.
i’d tell my wife’s boyfriend to keep her, i’m out.
cash out half leave half in shib forever and ever amen 🙏🏽
i’m not sure but it has been hilarious watching my 30
at this rate in 2027 500 shib could get you a ticket to mars. i’m down for it. i’m buying more.
i’d fucking cry lol wouldn’t sell, but i’d cry 🤣
"i would bust the biggest nut the north has ever seen"- mance ryder
id suck a dudes dick
i would send 20% of my money to children orphaned by trump bombing of raqqa , takrit, mosul, and fallujah. i would send 20% of my money to children orphaned by putin bombing of daara, hommus, and allapo.
laugh and wonder if it would be enough to buy a loaf of bread because the us currency must have inflated so bad for it to happen that the half million it’d be worth would be better used to burn for warmth
none, cuz it aint gonna happen, maybe for 10 years lel
would be great but realistically not gonna happen.
i’d get up, make some coffee, cook some bacon and eggs, maybe go to work maaaaybe not 🤷🏻‍♂️
would go buy a bottle of louisxiii drink the whole bottle.
mine is not for sale
playing “celebrate good times” !
i have no freaking idea…...fall to my knees…slap myself to make sure i’m not dreaming…
.01 = wen lembu? now lembu
i'd start by spending some time in the fetal position followed by some light vomiting. from there i would do some pacing and talking to myself before i called in and quit my job.
you got some messed up bookmarks bro
are you a time traveler
instant jizz in my pants.
i would call in sick with $! 🤣🤣🤣🤣
probably just die from happiness and everything i been holding for is just lost
i'd get up, grab a shower and go on a long walk with 3 rolled up top quality smoke; it may rain, snow, thunder, it do not matter to me, i'll make sure to find a shelter when necessary
i'd piss on myself at work and just sit in my filth 🙃
i just won the lottery jackpot
you’ll do great. i would guess that everyone who bought has seen their initial invest go down but overtime you will succeed.
i’d be preparing for my forbes list interview.
conclusion is this. never ever wearing a bra again.
f you 👉🏼 f you 👉🏼 f you 👉🏼 , 👆🏼your cool, f you 👉🏼 i quit.
not selling. this is my retirement
after being arrested for running naked thru town probably just ask for my phone back so i can re stake.
we would party like it’s 1999!!!
i would peepy my pants and sell everything
if???? you mean when????
i would say it is a bug since the market cap is still 16 billion.
i do believe good ape that i would surely loose my loins were i to see that.
‘i should’ve bought more, fukkkk’
that's a nice dip, looks like i'm buying more today.
i remember when doge hit .01 and people flipped and then it hit .60, i’ll be still hodling!!!
- meh. i’d quit my job when it hits a .00.
i’d shit my pants twice. once in thisbelief and then again a few seconds later when my ocd forced me to check it again.
if it happened that fast i would pull it all out immediately and put into eth and bit
i will be that number one day…
i would call my parents and tell them they can stop working and spend the rest of their lives in peace.
i wouldn’t pull it out
by you a beer and keep holding 💎🙌🏻
cool! it’s getting closer to ! 😊
i’d come to all of yours houses and buy you dinner
pants shitted. wouldn’t be able to sell cuz i’d be cleaning my drawls
wait till it pulls a doge and hit .06-.07 and then sell enough to pay off house and watch the rest make even more
i shit my pants
i would shart in my white pants.
there would literally be shit in my pant leg
nowt i’ll just hold till further tbh
i would use the money to help people.
must be a glitch
i’d swap for so many shiboshi’s 😂😂😂 no one would defeat me!!!!
is this your new porn?
cash out buy a homie house . a sweet ride. start working on being self sufficient . and make sure my inner circle is taken care of. then look for my next investment . money never sleeps
i’m still trying to buy it without paying 75% gas fees but i guess this would be cool too
when it hits a penny it will hit several pennys quick
would only have ,000 which is a lot but not at all fuck you money. collecting every week. currently at 27 million coins.
i would do what i'm doing now . buy more till it passes dodge. cant stop wont stop
typing my resignation letter
photoshopped but be pissing nd crying nd screaming like a mf!
i cannot wait to see my account change by 100s of thousands of dollars because something is moving a few cents
i'd ctrl-r about 40 times. call in work. repeat the former about 100 more times. then think. do i hold or sell some and keep the rest?
sell a few million for a bomb vacation then back to hodl.
buy a 2021 porsche 911 turbo, pay off all student loans, retire, buy a house in seattle, and enjoy my 14 million remaining dollars.
a whole a lot of cocaine and hookers
grab my phone to order my bugatti . lfg!
give thanks to god almighty ! then fiesta 🥳
goodbye college debt! hello retirement 😎
honestly, sell half to 3. let the rest ride. i could pay off my house and have a lil extra left over. it would be worth it for me to sell some.
shit my pants then have a heart attack
i’d cry because i’d be stress free financially
i'd legitimately be a millionaire for the first time.
i would shid and fard then crank my hog
i will return to my home county with that money!
i would dead set shit in my car right there and then with no fucks to give 🤟🤯
i would start crapping bricks as my hands turn to diamond.
immediate 2 weeks notice
well, say "it has been a good ride just like the girl i met last summer and spent all my money" smile and go to the chevrolet dealership.
before or after i jizz all over the house
i'm only holding 3mil and that is 30,000 which would make me go crazy so i can only imagine how people holding more would feel
hold and wait for at least .10-.20 sell 10-20% or my holdings to better my self and start a new career path
bollox, why did i not buy more.
time to buy an rv. or time to move!
get a divorce , sell the kids and hide in some exotic island i just bought for all cash.
when shib hits 0.001 we will see a new wave of people buying and it will make the coin jump to 0.1
there will be a lot of merchants and individuals accept shib payment
never. going. to. happen.
buying me a house or two
smile, log out of the app, and continue hodling.
phone rings- 'hello is this that 1 guy in work who i have been begging to throw a random wee £10 into shib for the past 6 months? yea hi mate listen, um, i quit?'
buy more! buy more! shiba inu to the moon!
i’d sell. just like everyone else.
*sells, cums* in that order
it would make me multi millionaires after taxes and fees. i will take a deep breath -sitting along while.
wait for .10 and then .
i want .1 no zeros before it.
i’d 100% cry for idk how long 😭🤣
will realize millionaires don’t count anymore
i will report to work at 6am and work hard
just another day in the cryptomarket 😂
i’d shard myself and stay like that
honestly? i'd probably pull enough to get out of debt, hold like 80-90% and see where it goes from that point. im not gonna screw over the community by selling all of my shib, but i'd also be an idiot to not take enough to pull myself out of the financial pit.
cum! then cum on my bosses desk and then cum on my way to the lambo showroom
i honestly think by the time we reach 0.01 the original shibs would have sold junk and new commers will be the one pushing the pedals
shit my pants before slapping myself to make sure it’s reality not a dream
i’ll probably cry because it was only a dream👊🏽🤣🤣🤣
fall on my face and be a sobbing, blubbering mess😂😂. crypto millionaire achieved🚀🚀
it would drop the second after lol people would be cashing out
quitting my bullshit warehouse job lol
. i would shit myself everyday on the upswing to 1cent
i figure if it reaches the impossible .01 it will reach the impossible .10 so i wait patiently.
i’d walk into work butt naked and start dancing and doing a maniac laugh and then quit!
*when i see this, i will hodl
wait to for it to get into the dollars?
i'll be real with you... it will crash hard before hand
dude looking at china websites
get it to .
it’s gonna moon! hodl! that’s my response. 💎💎💎 or sell. we’ll see. lol
finding my closest bank atm to see how real it is.
doctor, please help me with this boner! it won’t go down!!!
i’ll adopt a shib irl.
never gonna happen…but damn if it’s not fun thinking about how amazing it would be if it did.
am gonna scream "i'm not eeffiinn selling!!!!"
shit my pants! then buy a whole heap of more pants cause i’ll be rolling in $$$
uncontrollable tears of joy
in a perfect world... "good afternoon chief, seamen apprentice dorado reporting" chief: report. "respectfully requesting permission for separation" chief: what the fuck are you talking about shipmate "i just made , chief!" chief: aye aye, ex shipmate. lmfaoooooooooooooooonlyinmydreams:(
i may cum on accident, but i need that to hit at least .1 for me to do something crazy
hmmm i only have 6m but ill be happy if this happens lol
holly f*** i need sell my shiba. it like
i would puke then tell my family how excited i was.
my reaction would be to wonder how it is only ranked on the list. do the math.
i'm not gonna lie, i have 8.5mil coins, at that point i'm gonna cash out half to get myself debt free but the rest is riding to outer orbit, but hey if anyone wants to buy 4mil coins to me at future prices hmu lol
shock, and google where is nearest lambo dealer 🥳😅😅😅🎅🏻🎅🏻🎅🏻🎅🏻🎅🏻🎅🏻🎅🏻🎅🏻🎅🏻🎅🏻🎅🏻❤️❤️❤️❤️
drunk as a skunk…followed by few lines to come back to reality
imma buy a house and stop living in my truck
sell immediately to become a millionaee and save some shib for luck
that is the future. it will happen.
i’d close my browser go to work and hodl.
i mean let us be honest we can all be shibarmy but if it ever hits a penny the bottom would drop out so fast. the whales would likely beat us to the bank.
will excited but still need till .10 to become millionaire
okay boss. i'm out. 😂😂
i have a semi just thinking about it.
i would cream my pants and go wild
ahhhh shit here we go again
i'll keep holding. keep staking. keep adding 100 bucks a month. a penny is too early.
don’t cash out trade it for btc you fools,if you know anything about btc you would regret not converting your funds to btc the future isn’t deflationary fiat.
continue to go to work…
won’t matter i’m already set would just convert some to btc and leave the restx
i will be holding!!! hold till it at least gets to a dime and then higher….ride it all the way to .75 and more!!
i mean i would shit myself, purchase a new pair of pants only to be afraid of checking that price again because i dont wanna shit myself
my pockets ain’t empty no more
i'd sell my shib reserved for that goal. there's more saved for higher goals
i'm already on the toilet at least
the chart is showing 0.0000 😂😂😂😂😂😂
i would be rich enough to get myself a couple of apartments to life from the rent income.
i would suck my own cock
probably wouldn’t care because i’d sell way before it hit .01 and still be rich af.
piss, shit and cum myself obv.
i would nut... like right on the spot!!
the question is when, not if...
hello everyone. i recently created an ig page that i would like to talk about crypto. would appreciate it if ya'll can show some support and help grow the community. here is my page:
ope, 🧻🖐 paper hands choked, 💎🖐 diamond hands won’t give up that easy, nope, 🧻🖐 paper hands are broke and back to their mobile homes, 💎🖐 diamond hands are back to buying the dip again yo better capture this moment and hope it don’t pass him and...
probably shit my pants in excitement. then i would swap , and continue to diamond hand the rest.
cash out all of it realistically. i've seen a post or a comment thiscussing that if it does explode to a penny, there wouldn't be any way to sell off all of it because no one is buying that much, but even then i'd just convert it to eth or bitcoin and sell off that, because if this shit hits 1 penny, or even .001, im out for sure. at that point, my life at 19 years old is set until i die. i'll instantly drop out of college, hire a financial advisor, reinvest most of it and move out of my parents house. i'd be able to hire a crew to come and remodel my parents house that they are doing by hand right now because we cannot afford any help, i'd buy my grandparents a new house and get them out of that shifty neighborhood, and then try to live off of a normal 40 hour work week job (for benefits and the routine of it) and wait until i die. everyone holding shiba has problems in their life they are hoping shiba will fix, and so far, i honestly wholeheartedly believe that shiba will deliver. with no outspoken assistance from any celebrities, and robinhood rejecting shiba, we not only did not drop in price, but we went up. i know very little about stocks, but all i see is a coin that people are buying into because they want to, not because elon tweeted a dog emoji while shitting. diamond hands (until a penny, then i'm out)
still i’m not selling 😂😂
run to closest porsche dealer
probably sell about 20% to repay my original investment and make a nice profit. then sell about 20% at 10 cents, then , ,
starting laughing and crying at once 😜
"wow the world economy must have collapsed"
oh shit 🤯 i’m rich bitch ~rick james voice
leave a huge shit for that guy who always leaves notes on my car and then move the fuck away
im just stay calm and hodl until 0.1. because i only have 1.1m shib and if i convert it to idr its only 400m, its huge but still not life changing money and i cannot retired with that amount
pull some out and buy new cars for my fiance and i. leave the rest in to ride the wave to .00!
fuck all my shib is locked away staking rip. .
4 trillion market cap we lose our minds
close it and go back to sleep cause we all want 0.1
loading up the truck and go to beverly….hills that is…swimming pools….movie stars….catch a chargers game get some micky d’s then head back home.
would look like a fine day to hold.
you would have put a zero less.
damn this shit is still 0.01, keep going, you can make it to 0.1 by eoy...
the feeling of cumming day and night, everyday.
get a nice hat.
first thing i would do is pay off my parent house. i owe them everything and it would be life changing for them. i could die happy knowing my parents did not have to work for the rest of their lives.
is facetime live myself crying to strangers and then go to sleep with a hard on.
hot girl: what do you do? me: you hot girl: haha! i mean a job, duh! me: i don’t speak poverty. what does job mean? end scene. watch pornhub for the rest lol
i will donate shib and pass the word that it reaches !
my reaction would be to pop champagne and celebrate like i won the daytona 500 then keep holding for more!
i think i'd wait till it goes to 0.1
my reaction would probably be “well if made it this far, lets go for .10” then repeat til we’ve crossed the dollar threshold
you forgot to edit the btc rate, btw but anyway, that will be . i will take my friends out for a beer and a stake snd talk about my new mclaren. my wife’s gonna be browsing house brochures probably
i’d fuck my computer 💻 and get married 🤣🤣💰💰🤑🤑💰
yeeorbee inu dag dag *eats dirt*
go broke right after i become a millionaire cux i have a zillion bills to pay🥴
another question is: what if your boss is elon musk and you see this, when you wake up one day?
get out of dev tools, html has you goofed 😂
i would cum out of my ass
i would throw up
check my eth and btc, and sell it all.
i would instantly buy a car
take several xanaxs to control my hyperventilation.
that there is something wrong with the market cap, or "we've burnt sooooo much!"
0,1 and i am in.
not enough to press the sell button need to be higher
i would be a millionaire
i would call my mom and let her know she can finally go on that trip to italy she has always wanted!
i'd shit a shibrick
\*\*\* get a squid game track suit with " 0.01 " on it :)
i'd wait til .02
drop a few edibles and smoke on a fat blunt dipped in weed oil and keif and maybe have a few beers. just your typical week day
ectoplasm everywhere like south park
iam from afghanistan so i would definitely donate some to a family or some thing
damn, am i rich ?
take care of all my fam.and friends first. buy property. world travel and donate 20% to charities
u don’t even change market cap numbers 🤦
would sell a million or 2 millions, and wait for 0.1 , 0.2 or the magical 1$
do you think it could really get there?
ask me in 2022.
i wish i can send my boss my shit so he can smell it and understand what shit smells like when you made it 😆
where is my lambo?😎😄
be like, let’s stay away for a month,,,cruise etc.
be happy as fuck but will still hold.
perfectly explains my reaction
straight to the estate agent. buying another house and renting it out. 100%
shit on the floor and get shwifty
.01 i’m a millionaire
i’d be able to buy a few states. 😂
i’d apply for that mortgage
you mean what would i do after i pissed my pants?
millionaire by bruno mars
i wouldn't be mega rich, but i could pay off the car, house and credit cards, plus have a bit left for fun.
i’ll be going to cartegena colombia. and have multiple women in a yacht with me drinking bottles of champagne
the crazy thing is if it goes up 1 cent after that everything doubles ;). we've got a while to wait for that though, get comfy.
ide shit my pants and eat it
i would be one 0 away from selling it all
r🦊 burn 🔥activities. thnx
tbh, i wouldn't quit and wouldn't tell anyone that i'm rich. i would just lower my work hours to the minimum and work just for fun and to keep my adhd mind busy 😂😂😂 i would wait for them to fire me so i get more money from them 😜
my d\*ck just get exploded xd
another order in shiba📈
i will fuck my fucking boss fucking job & will fuck boss wife
1. not enough. ride the lightning higher.
honey, we’re going to vegas!!!!!!!!!
i would have ,000 so i would retardedly put all of that into the next shitcoin
i probably wouldnt sell till it reached atleast current dogecoin levels. id prob just sell off the all the coins i earn from staking
within hours it would goto 0.05 cent... lol
google, where is my nearest lamborghini dealership?
"oh yeah! time to keep holding"
i will wait for a first wave to sell, and hold untill 0,38
send my friend a fu cake (he hold other crypto )
i'll let you know next month...
throw myself out of the window as the world is collapsing apparently
than i am rich :d
how the hell do you get into crypto
that would be cool. means the price in fiat goes up... but i use shib as a currency.
coming soon just buy and hold !!!!
pay off my mortgage right away
probably have a heart attack lamo
i would not sell it for anything!!!
put on my squid game costume, take a selfie with my dork hanging free and post it here
nmp (nut my pants)
not trying to suggest it isnt possible but wouldn't this make the market cap for shiba too big in comparison to say bitcoin ?
immediate run to the closest ferrari dealer :d
slap myself in the face for couple of times to make sure im not dreaming and then ill go back to sleep cause i dont need to work for another day.
cry with happiness of the financial freedom
finish paying my ford, buy a simple house outside of the city to live relaxed and probably start a business. taking some courses to increase my knowledge too
mooooooom, i think we can finally afford the large pizza!
break out the red panties
i sell my house to buy more shib!!
i would probably sell at that point, lmao
i would be pissed because everyone will sell off.
it's vacation time !!!!!!!!!!!!!!!!!!
probably gift my mom and dad something too
i cannot stress this enough. we have to surpass doge's marketcap to keep the momentum going!!!
if shib hits 1 then the world's economy is fucked. the market value... just lol
pinch myself, refresh the page, refresh again, having a anxiety attack, sell everything, roll a joint
good job guys! because my sell price is before the .01...or as it will be known as "the mass exodus "
we have arrived at the promise land
**ethereum whale bought 276,592,553,073 shib, is something big coming?** **an anonymous ethereum whale decided to go on shib coin shopping.** **the whale bought 276,592,553,073 tokens (,510,207 usd).** **read full article:** [mosttraded.com](
downpayment on a house and something nice for my gf. but in my defense, my initial investment was basically pocket money.
$.09 to go ...
with that amount of money i would be able to buy a shack in an industrial thistrict in the netherlands (490k)
it’s a mistake or fake just like that one lol. all i can say is the crypto ride is not an easy one, to get to this golden 01. mark. to all the first time investors please believe me when i say it’s exciting and nerve racking watching your account spike for the first to to 100k or 250k it happened to me for the first time with doge. wow is all i can say. good luck stay the corse.
id leave work rn lol
i found a little dog gem while scouting through reddit. and i thought that until we get to that price and get the rh listing i'll double my money with it and then jump right back into shib
go for a shit where i am currently standing.
i’d cry because my child would have his life taken care of. that’s it.
my reaction would be to buy a house. but let us not get ahead of ourselves. we have a few more zeroes to burn before we can reach this. let's focus on the next one.
tbh i wouldn't flinch. because i'd know it would only be the start. once any crypto hits a cent. it's gonna jump way, way higher. that's because it can then be regarded as serious, and more and more places will take it as payment. in fact to any business owners here. take crypto as a form of payment, because you really control the value of a currency.
who tf is left to sell to at that price? i mean, to cash out, someone has to be willing to buy. we're in a hell of a bubble if someone is willing to pay those for my meme coins. i'll probably be able to buy a whole cart of groceries with my .
0.01 shib? this is undervalued. 😬
i would think its chinese product. just like those 2g graphics card they hack bios to spears as 8g card in windows device manager.
start thinking about what colour my lambo should be
cry, probably. ‘cause my husband and i will finally be financially free… and our kids won’t have to plan to join the military after high school so they can go to college for free. and our parents can finally retire.
same as when they unlock the safe from fast 5. lfg! holding 1bill and not fucking leaving! yolo! 🚀🚀🚀 would sell some and hold the rest.
oof i would be so scared and happy at the same time. i wouldnt know what to do the first few minutes i would see that number 🤣
thats not enough for me unfortunately… maybe my holdings is too small
my reaction would be "fuck!". cause .01 shib means gas is .
why stop doge hit .70, once it hits a penny fomo is gonna kick in hard
i’d start copying that russian guy on tiktok and buy lots of shit
i’d have , it’d be time for some home renovations
first i would buy shiba inu puppy and call him elon musk!)
sell off half to pay off all the houses in my family. keep the remainder in the bank and keep working my job till after taxes were done. after taking final stock of my money after tax, start a bed and breakfast with my wife because that is what she is always wanted and i can be happy doing just about anything.
sell half. hold the rest till
i only got 17 mil shiba, so not that big of a deal i guess
i see this every day (ok...i see it in my thoughts)
insta explode in my pants probably
if this happens my 7 generations will not need to work.
sell half. let the rest just keep going
i’d be a billionaire lol
i go suck some1 cock for the fun of it
i'd have to smoke my town put with smoke bombs of various colors
i’d have £390,000 so i’d likely sex wee a little
busting a nut for clarification
i'm waiting until 10.0
ok bitches, we all gonna be rich now! let's go brandon
i can only get so erect
holy shit i made !
i’d cry tears of joy and make an offering at my shiba shrine and start praying for the 10 cent mark
change my phone number
not enough money in the world for it to ever be a reality. if this somehow happened i would be terrified of the real world implications.
they see me rollinnn they hatinnnnn
guys if it hit that number we would be all trillioners and that will cause the economy to shrink and usd lose its value, so please sell your shiba or share account
pour a nice glass of elijah craig and think of where i can go purchase a bottle of old rip van winkle 25 year at. pull 200k out and live me life happily knowing i can help people instead of slaving away at work for someone that does not care as long as i'm at work.
honestly just keep going along as usual and hold haha
probably commit a crime and then bail myself out. 😂
bonner would eclipse the sun
i'll build a home for me, my woman and my cats
i would quit my job
quit my job and enjoy life.
to .01 or bust out more ,never again to see the bottom of the crypto floor. got my 💎🙌 by my sides,grab some shib and we all get a 🚀 ride to outer spaces can’t wait to see the look on haters faces. be nice i just stated dancing and free styling😂😂😂😂
we would not see that this year!
fire myself from my own business…
welcome, early retirement :) time to sail around the world!
i’m holding till at least .5 i know that’s a big task but i have faith lmfao 🤣
start crying probably and hope it will go up a bit more
start investing in real estate to take in more profits while i travel
i would continue to go to work…in a baby blue 911 porsche and powder pink tuxedo with a cane.
i legit had a dream that shibh is floating around 1. also i was wondering do banks have enough cash for all my fellow millionaires and billionaires.
i'd immediately bust into my wife's room and demand that her boyfriend steve move out and give him a lump sum of cash for the inconvenience.
shib at 1 cent means it would be worth more than all the crypto, gold, silver and diamonds in the world combined...
i would praise god for his provision and give him all the glory! like what he did to solomon.
i'd finally be close to a 10x millionaire.thats all. and i'd probably hide in a closet for a week trying to figure out what to do with it all. and be pissed off about taxes for sure.lol
i would take out 500,000 shiba of the 93,500,000 i have and cash out and keep the 93 mil. that gives me 50k to pay off all my debt and keep 93 for 1;) one it hits 1
i really hope the shock of being multi millionaire wouldn't kill me lol!!!
i wouldn't be that rich so i guess i'd sell enough to pay some bills, but mostly hold.
i knew it all along 😎
i only have 10 million shibas... i need to get more dammit... one day.
i’d go to starbucks butt ass naked wearing a football helmet on backwards and snow shoes with “ shiba inu” is the way written on toilet paper hanging out my ass.
meh i only invested 300 early this month so i would not get much at 1 cent but i'd still be happy
id shit mah pants
the least this photoshop could have done was change the market cap 😂😂
get on my knees and thank the lord
i only have 31 million shares.
sell then buy more after the dip cause you know it would.
probably buy the dip
if? you mean when right.
send him a package of dicks with wicks ](
daaamn private jet straight to where i came from and take care of my beloved people
first shit then sell half and pay off all my student loans
hope people don’t sell and let that bitch ride to at least .50
spooge lots of it
time to get a new wife
i would have an orgasm
first things first i'm definitely calling out for the rest of the day 😅
blast jon carter - 2 week notice before leaving
shit on my own desk. cause i’m already my own boss. so i’d do it for the shits and giggles…
take out a few thousand whenever i need money, let the rest mature & when it reaches a dollar, slowly pull it out (to be nice to people, & not have the price tank from millions being sold at once)
show me d money 🚀🚀🚀
buy a house asap
have a mild heart attack
literally shit on myself
“hey look ma i made it!!!” 🎶🎵
moving to puerto rico.
so i've been trying to buy on coinbase but the fees are out of control!!! i'm from ny anyone know a better way?
mine would be... "fuck! i have to tell reddit to hold till .02!!!"
i’d be stoked. probably take a little profits. but i’d be rooting for .02 and .03.
straight on to pornhub - helps with stress
show up to work in a neon suit with a neon lambo a la lamelo ball
awww great how much is a million shib now i need to buy more
my reaction would be to hodl!!!
almost stopped breathing just looking at the picture! lol
“dear family office cpa”
i would shit your pants.
same reaction i have today. i really need like .05-.10 to retire
tears of joi cause so many people are in needs for that financial freedom, and i can buy the house my mothers deserve 💪💪💪👏👏👏 hope all of us can see that in few years,keep holding!
panic about whether binance would let me cash a quarter out
stand up and leave my desk with all my shit on it and never come back
i just bought in so that would be great
i'm finally getting a tesla.
probably a heart attack honestly... 🥴
i'm already in thisbelief in how high it is going rn, i might shit, cum and piss in my office.
the first thing when i opened my phone today was this phone- i jumped outta my seat thinking this was true- opened coinbase was still excited to see we went up to the highers 4s! lets keep it going! hold hold hold
hopefully i've got 100mil by then so i can say i'm a millionaire
reaction to shib $.01"hello, i'd like to place an order for a jet black lambo"
i’d shit all over the floor
i'd buy a ferrari and go through an automac
i’d hope majority of the community wouldn’t cash out right away. i only how about 4 million tokens and would be sitting on 40k. i would hope we pushed forward more.
i’d buy the company i work for
my reaction will be to the moon 🚀🚀🚀🚀
so close to retirement!
jump like a 🦘
go on a long vacation
i would live out gta style fun because i would realize i’m either dead or dreaming and coherent in that imaginary reality.
😭 from joy and only sell 1 third of my hodl - the rest of keep to see how things progress
i would thank god for my brand new life to be able to help many around me.
i would say "gee, looks like someone on reddit faked a shib price".
nobody will see me coming
well, i only have 1.6 million …probably just pay down some debt or hodl until it goes up even more?
i’d cry, straight up.
that's an image you should be careful sharing out of context!
i'd keep holding and then go watch porn.
hodl to 0.10…. why you sell out for pennies when you can have dimes or better.
buy mining equipment and mine shiba
keep it going! to the moon.
i would continue holding if i saw this.
i'd have enough for a down-payment on a house lmao
here’s mine omg 😆 rolling on floor 🤣🤣🤣🤣
i would send it to elon
i'd scream. like, no joke, wake up all the barracks or everyone in the field because i just got rich beyond belief.
time to shit my pants
wait for a dolla or two?
that’d time to sell some. not all mind you.
smile and keep holding
i really cannot say since idk how much i'll have by then since i'm buying more every payday. if cashing out 10% of my total pays off most of my debts then i'll cash out 10% and leave the rest. idk if 10% is a good marker or nah. hard to tell
good, but it would need to go higher for me to give up my holdings.
if i see it at work: "ayo motherfuckers i'm retiring"
“who shit my pants?!?”
i'd cry, but then calm and greed will kick in and not sell!
cash out 10-15% buy stocks that will give me a 6fig yearly on dividens, pay off my parents mortgage. and buy that lambo or ford gt
dances all over the house while screaming!
woho i got 5k... to bad i sold my shib millions way to early...
well my sell order would have triggered by then so i would just be happy with the amount of money i made
i'll let you know tomorrow
do the happy dance
buy a house like immediately
hold still . all you weak ass hands can sell with a number blocking obstacle in y’all’s minds
continue with life as normal and be happy i now have the freedom to choose.
please sign this petition.
you guys realize we need to burn so much shib
i mean 20k doesn’t sound that bad lol
i’d keep buying and holding
i would pay off my house and built my dream truck
sell 80% and put it in a term deposit which returns 6% apy for lifetime
x it off because i know it’s trolling
i'm the boss so how would that work? i'd tell everyone they are sacked 🤣🤣🤣
i ain’t gonna sell till at least .1 might even hang on after that until ’ll hit
i would pass the fuck out
i'd be ecstatic. however, not really possible. fun to dream.
nothing bc i don’t own any
than i no we all see the real value of shib earn hold en buy shib💪
would buy a bottle of the good stuff! and then wait for it to keep climbing! 😁
i mean... there will be a ... a few people trying to cashout. exchanges will probably go down till they sell their bags too and finally those who needed that money more than anyone, would never be able to cashout in such a price, because it would already be down. let's be realistic, i'm not saying i do not believe in this project, but i can imagine what would happen if shiba ever goes to .01 or even .005.
i would take 75% profit and yolo into xrp lol
omg shit looks real if you ask me. its coming. just be patient
buying an rc car 😂
hodl till 0,1 and then maybe hodl again.
i’d be already out for months at that price, so i would wish everyone the same as me 🤣 no honestly will be sharing my wealth with every member of my family.
cry and not sell until we surpass doge pricing- as per the prophecy
level up from mcdonald's to chipotle.
why did not i buy more!!!
i'd be happy, but not remotely as happy as i would with .05
not really realistic. 3 trillion dollar market cap?🤣
i would just withdraw what i started and let the rest grow on its own
giving my phone to my to my designated watcher so i cant sell.
be buying more dogelon
order him a cake in the shape of your nuts
you must have a good chunk of shib. i’ve got about 250m and at 1¢, though a millionaire, i’d still be far from quitting my job tho. 10¢ tho i’m out
shit! i'd be telling my boss i wanna bone her.
i'd stick around and spend my working hours spam blasting everyones emails with pornhub member subscriptions, put janice's stapler in jello, and tell everyone to buy more shiba.
a meme?? i‘d go to him and shit a beautiful huge pile on the table! 😂 i will need ladder to get down there again…
i would buy 2 lambos. one for my self and the other one to park outside my boss house indefinitely after i resigned 😎
there's vomit on his sweater already, mom's spaghetti
my reaction would be... well well well... hmmmm... so we finally meet 0.01... think you can beat me? huh? hahahaha... i am not gonna let you go this easy... show me the 0.1!
i'm not worthy to read all these comments 🤣😂 🙇‍♂️
i just want to thank you for getting this started. i truly enjoyed this!
ie lose myself in the moment, i own it!
best comment i ever seen
this community makes dreams come true… watch out.
how much do you need to accumulate to have it be life changing now, ?
yup! and there will be people who only casually hear about crypto on tiktok thinking it is only .01 it is so cheap i can buy like 10000 tokens, not realizing it is already up 50000000% and the real money has already been made.
bro nobody should hate on anybody for selling, especially not if it gets that high. we’re all here to make money, lots of people could’ve sold and probably retired already but didn’t. if you need it to hit .01, then i’m holding to .01, because without each other, this thing wouldn’t be worth anything. this isn’t gme or amc, we’re not holding to “stick it to the man”, all the people who have already seen millions in their account from this coin and are still holding are holding because we all have a common goal. if you sell at .01, that’s amazing and you shouldn’t need to feel like you’re letting anybody down because of it. if you see life changing money in front of you, you better take it.
i’m with you. i don’t expect to be buying lambos and private islands or any of that other pipe dream stuff. just give me enough to pay off my mortgage and other various, debt, fund my daughters college and put the rest into my 401k. i actually like my job, so this would just be about moving my finish line up a decade or 2.
diamond hands here too, i would sell prob half of what i own at that moment
yeah not selling. i’d be very happy but i still want this puppy going higher
some people are meant to be broke forever lol
be satisfied with the fact i sold at .007 before the rug pull took place
i only 4 mill in gonna be 6-7 next paycheck
right shit if it can get to a penny
market: "shiba inu price today is .37." me: what sell mean? buy an hodl. this is the way.
don't you think it can be brought down by all the massive sales?
it’s a bad plan…you’d end up giving him a big chunk in a settlement. easier to pick up his wife and bang her in your new lambo, record it then throw it up on pornhub so he can jerk off to it every night. that’ll teach him. lol
this is the way for me
might as well just hire the body guards now
how did you get the 2.6 billion coins
i’ll be so rich if never get out of the bath to shit again!
i'd likely shit yourself too
fuck yeah. i will then move to europe.
. the world's largest company apple is valued at 2 trillion. us debt is 20 trillion. hitting a dollar is pretty much impossible. not that this coin isnt great but
definitely. you gotta have a clear head.
black on black please :)
instead of a lambo i would like a mid entry level lexus sedan pliz.
give me shocking pink. i want to make people appalled
opting into this offer. 😂😂😂😂. i'll take a blue lambo
yeah about 750k of them…. i’m sure that’s realistic since only about 1k became millionaires off doge
it’s chapelle you muthafucka! fuck yo couch
saul is your lawyer too?
literally one of the best scenes of any movie ever.
well, i guess profits have to go somewhere lol
fucking amazing. same!! then im fucking off to some other part of the world to live the rest of my days 😎
i would go to america from europe
finally, someone with real car tastes and not lambos
no, no. a callaway chevy silverado for me.
i'll finally get my viper.
yep! that and no more mf mortgage payment! oh, and hodl the rest until the burns, ecosystem, mass adoption and institutional money got us past .
same boat boss. i need
i am going to hold you to this lol
i feel the need to tell you i have not forgotten. i am so going to follow through on this lol. hodl lol
yeah gotta love how 750k people think they will become millionaires and it wouldn’t just destroy the value of the dollar or our economy or anything
i checked it, it wouldn’t
when we hit 0.01 there will a lot of people who buy at 0.002 , 0.006 , etc ... so if hit 0.01 doesn’t matter if all of us sell because always will enter new people in shib ! but i recommend hold between 0.02-0.1 $
i swear, 90% of the people in here are 18 year olds who just opened crypto accounts this year. durrr shib to 🚀🚀. some of these topics are so cringey
not a bad idea. me personally though, i've debated on converting mine to tezos because on coinbase, tezos gains 4.63% apy.
i would be very happy unless it had been
he’s not asking what you normally do…🤣
we have the triple trade volume than btc from 3 weeks ... is very realistic
all the world is buying shib now
i’m only sitting in 30 million shib right now, with . but between my two ira’s and va thisability checks each month i’ve got enough to retire on if shib hit .01.
what if she says yes? win win
shit, for that amount of money, we could all bone her!
for that would be my ceo’s wife if i did that.
tell her anyway what's the worst could happen
is she worth it?
she is on this thread, now she knows. lol.
i thankfully do not work in an office. i work remote at client locations or at home.
he’s nervous…but on the surface he looks calm and ready…
i’m sorry to interrupt but i like what you did there you guys so creative
then mom be like: “ wake up you’re late”
this is the wayyyy
that’s what i’m saying!
will diamond hands to 0.10 just cause of this comment
i love this community
stake would be the way to go. might get a few hundred usd a week who knows.
for real lol. i’ll take my million and walk away laughing that it actually worked. this shit is just a semi expensive lotto ticket.
fud (edit: was a misunderstanding on my part)
i have a sneaky suspicion you are right
buy what you can. anything is better than nothing. 6mil .01 is a good year's pay.
he probably bought in august last year. i regret not buying i thought it was a scam. in only have 27 million coins.
buying the dip is the way.
would sir like a golden throne in which to commence shitting oneself?
i'm just saying. it would mean i went from .
and i will likely partake in shitting myself as well.
someone shit in my pants!
i'm going to russia baby!!!
sell the lambo get a lexus you noob
where did you find that stat?
fuxk yeah. europe...here i cum.
ugly gatekeeping but ok lol
at 'll sell a million. pay taxes and have a good amount to just relax. but i will hold untill the end. learned my lesson with doge. was too young for bitcoin in 2009. but i was on reddit and just did not think anything of it. who's to say in 10 years shib would not be worth as much bitcoin?
please do! or i could do the symbol either way i promise i’ll get a shiba tattoo on my face if it hits 1 cent
omg lmao im waiting to
i’m selling after it doubles from current levels. not waiting on it to take out another zero lmao
ah, but there is the rub. i'm betting heavily against the dollar. it only has so much power because it is the world reserve currency. i do not think that will still be the case in 10 years. we have a serious rising power situation with china. even if we manage to avoid thucydides trap, we can expect some serious changes to our way of life. it is reasonable to assume the yuan will replace the dollar as the global reserve at some point. and while this may sound grim it is the most optimistic scenario for the next 10 years that i see. far too many rest easy assuming mutually assured destruction will save us. but this is a fallacy it assumes our enemy view survival as a necessary win condition. we know from past conflicts that many enemies do not take this viewpoint. north korea being one of them. and we know from past rising power situations that often it is not the two main powers that start the conflicts but rather an unstable third party.
well than i guess i carry on as usual lol
lol yea okay. jumping 20 billion is one thing when the market has the available capital to move around. combine the market cap for all crypto and your under 2 trillion. even 5 years from now if the market surpassed say 10 trillion shib would have to take up 30% of the entire market and it’s a meme coin. the likely outcome will be that in 5 years over 50% of the cryptos will no longer exist! regulations are coming i’m not sure meme coins will survive it. they are fun while they last! look at doge! what happened to the momentum? shiba will do the same eventually. i’m holding 3.6billion coin and would be happy just to drop another zero!
my ceo is elon 😂
yeah, she is pretty much worth it.
she sure is. then i can make spend half her paycheck in shib.
i do not work in an office either, i'd just show up in some random corporate building and see how long it plays out.
to drop bombs but he keeps on forgetting the 2fa that he wrote down...
oh heavens my dear your not interrupting
they robinhood we robingood
you have my diamond hands 💎🤲💎
steak is the way. just use it to buy steak.
how do i stake?
with waaaaay better odds
wow 😂😂😂 please someone explain the “fud” in my statement… rug pulls are a thing of the past now? you’re probably friends with rishucrypto
gotta be prepared for anything man, one dude got mad at me for selling my leash at the high point during the nft craze. it was bound to happen
i got back in shortly after 🌊🏄‍♂️
lol i only have 6m ... be happy lol
don’t look back, just buy now
or buying it when it was two decimal places to the left
that would be very excellent. thank you
hope you're comfortable spending that kind of money you crazy sob
are you guys shitting me?
i'll be moving to antarctica!!
remember when they said bitcoin wouldn't it . pepperidge farm remembers
would it matter what i said? research it and then you will have the information you found yourself and will believe it or not
and hit the guy in the face with a burger patty on the way out!
i was already hodl… but now i am so hodl for nothing but this haha
i am so ready 😉
it’s a nice dream for people to have i guess, but it’s just so unrealistic, 1k people became millionaires off doge and they think it’ll happen with shiba, but i mean 750k people, i’ve seen my 400 bucks turn into 1800, it’d be awesome to see it hit .01 or .1, but i just don’t see it ever being possible, but i’ll keep enough of my shiba that i’ll still be a millionaire if it ever would lol, but the rest i’ll enjoy that quick windfall
as you were, soldier !
and real cum filling
we need a picture now lol ask her if she likes alcohol and cash ...
the whole crowd writes it down, he opens his phone but the funds just would not show up
rug pulls are real, but at this point in time since there are not some giant dev bags token around to do a pull with, we are beyond that point along with our current market cap and thistribution of tokens. not saying it couldn’t happen , but i believe it is unlikely. devs and shytoshi have delivered on everything what they said they would do to date, so i have no reason to believe shib is or ever was a scam. it’s an amazing accomplishment in such a short time period.
just found out how to buy saitama inu on cb wallet just got to wait till gas fees are responsible
there’s still plenty more to buy :)
i have 8.5 million and i was waiting for payday. the price jumped so much 😅.
never said i'd sell at .01. hodl the line, bitches!!!
🤣 laughing at poors is fun
asking you where you found that information you don’t have to be a dick about it
lmao hopefully sooner than later
remember hodlll and you’ll see my face lmao
simmer down, van wilder.
she is a regional boss. she does make tons of cash.
mr. clean and the thunder chief.
and my cock! oh wait that is lord of the cock rings i'm thinking of. starring dildo t baggins
for a guy who typed a well written comment, where in the world did i say it was a scam? go find someone else to bug 🐞
poors laughing at poors, is fun.
this comment is going to bite you in the ass. talk about *begging* for sudden bad luck in your life. there will come a day where you're in serious need of help and no one will even piss on you to put out the fire out.
telling you to do research is being a dick?
agreed. i am soaking in this steady but very stable rise right now. if it hits .01 i’m never wearing a bra again. at that point i’ll be free, still going to hodl but i will be free. no bra required after .01. this is the way.
oh hmm. you may have to resort to illegal substances 😂
not to bug, but there was an implied “sold before rug pull took place” to me you were implying a rug pull was to take place in the future. i just got that perhaps you were referring to the vb donation. i now understand your sentiment if that was the case.
read up on it it’s interesting, and it’s growing could be crap but doesn’t seem much different than shib
i was trying to mock the comment i was replying to.
well if you post numbers and don’t have a source for them what’s the point of posting it ?
i will also never wear a bra again bc fuck it lmao
i’ll be able to get my tits done... again!!
over, blaow! snap back to reality…
you’re good, you’re my shib brother 🤙 if i didn’t give you a hard time, we wouldn’t be family in this ecosystem
yeah i heard saitama was doing very well. i guess they have a pretty cool burn mechanism and reward system in place. i feel like i missed that one. i did however jump on mononoke inu.
my source is what i looked up, i’m not relooking it up for you just because you don’t feel like it
it’s your job to vet information and do research of your own, i shared what i know from my research, that should inspire you to do your own research and create your own conclusions, it’s not my job to convince you, you now know what i feel and expressed if you want to validate or refute it it’s on you to do the leg work, i’m not writing a scientific paper and have 0 obligation to do things for you, if you want to pay me, i’ll be more than happy to do it for you
not only that but it would take you all of 5min to research it, stop relying on reddit for info and how to look things up, it’s simple, look up how many people became millionaires from doge and how many people owned doge when the price jumped and look up how many people own shiba and compare the numbers
you’re my new best friend. to the fucking moon!
oh and proper laser hair removal!
oh there goes shibarmy!
😊 we are all good , i hope shib fulfills our goals.
how about floki inu?
i will also never wear a bra again!! but i’m a dude and have never worn a bra, so it doesn’t exactly have the same effect when i say it 🤔
op there goes gravity
i died already made my day xd
🥚-cellent. be sure not to sleep on leash tho
i am not into that i do like saitama inu though very similar to shib but we know all the developers it’s whale proof
agreed, but i will never know what sweaty balls feel like. we all have our own problems lol
if i promise to make the best cocktails one could make, would you let me sit next to you in our rocket?
it’s obnoxiously expensive. and i’ll never have to consider any beauty treatments offered on groupon again. please give me .01 lol
if this gets 50 upvotes i’ll put my whole savings in
who’s not gonna paper hand this?👌🏼🥃 this guy
the panic. welcome the discount dip before the rip ✊🏼💎
got another 10mil shib
who's got crippling depression but is still buying?!
i put my hand up on that shib. when i dip, you dip, we dip.
woke up and saw the dip. i tossed in 100 bucks and now i got 20mill shib
gtfo now if you’re scared. no lamborghini yet? then jump out paper hands. it will rebound. whiners and wanna be millionaires in a week. give me a break.
2 grand... total of 151,000,000 lets gooooooo!!!!! 😱🚀🚀🚀
i missed out on doge, not going to miss out on shib... buying and holding... they will do a massive sometime... thats what i am counting on
so we buying more?
i am out of cash at this point. someone else buy more of this dip on my behalf
i didn’t buy the dip but i didn’t sell my wallet 230,000,000 shibs
and i know for a fact some of you keep forgetting to zoom the fuck out
buy shib, get shib and burn shib at the same time. win win winning
i have brought back may 2021.i got dip. did not sell +1 billion shib strong holding in the.
something tells me we back in 6s tomorrow
i only have 7 mil. that good enough?
don’t panic sell you will always regret it.
if you sell when you’re up or down 20%, just go buy a etf and start knitting as a hobby
when you see a number you've never seen before and you get that intuitive gut feeling you can tell your boss to fuck themselves. that is when you sell!
hold at all costs. time in the market is better than timing the market
see you fucks in 2022 💎💎
i have 200 million now mwhahah
you beautiful mother fucker, i have confidence once again. i will buy moree
just grabbed an extra 800,000. glad we had this little sale.
i bought shib for the first time at the peak, only to watch it immediately start dropping. but im gonna hold because at least i can say i’m a millionaire (in a dog currency)
my boyfriend tried to convince me to sell when it dipped, saying it’s just a meme coin and i thissed his stock that’s been down for months
bought the dip multiple times. you guys should check out the fb page shib10, we all buy at least . it just started about 43 minutes ago
added 404m shib in this wonderful dip
i’m not sure , honestly we are just experiencing floor fluctuation, we will be in mid 6’s and high 5’s like we’ve been for who knows how long , just like shibs last rise it hit a floor for a while , it’s normal and honestly a good thing , now we just chill till the next rocket
everyone wants to make the man pay….hold and he will pay more…simple
just bought 2.5 mill more at .000052 😊
i just acquired an additional 27,813,274 a couple days ago, and about 1-2 hours ago picked up yet another 17,021,144. i do not regret it one bit. hodl'ng strong for the long-haul!
as dips are getting aggressive, so are buys... lets fucking go!!
just put . fuck i’m really on this train now
this shit is on sale.
i'm so freaking staked i'm crypto.com right now
tacked on another mil
remember, if you see weird post and fud they are haters. shibarmy is strong and holding 🚀🚀🚀. peeps like to try and knock us down but we are stronger than that 💎🐾💎
too many chips in here, went ahead and bought some dip
some of yall might need to go to the squid game try outs
just bought 3mil about a few hours ago. all i could afford
1.6m just bought. am i stupid? maybe? like a stupid fox!
shib is long term investment , those who hold will be glad they did and buy the dip if you can. hodling mine long term. not financial advice
its burning...new listings .accepted as payments ...new wallets...whales getting in
i didn’t sell last week, why the f would i sell now! buy more and enjoy the ride! 🚀🚀🚀
i bought a few days ago in the low 7’s, but i don’t give a fuck. 💎🤘🏻 about to double down on this dip.
i’m buying the dip like it’s the end of the world!
i sat on 6 million shib and have bought so aggressively during this dip i have 15 million shib
i’m . where lambo? 🤣
i almost sold shib today but took a good look in the mirror and realized a wrinkle had formed on this polished ape brain so i went to iron that shit out and bought more shib
cost average on dips and spring load on the upside! wife or girlfriend won’t be upset when they get unlimited shopping sprees 😛☝️
wtf is going with kraken. they said they will list it.
i’m still playing catch up from this covid thisaster. but i was able to buy another million anyhow. i might be a broke ass with usd but daddy’s a multi (2) millionaire with shib lol
to answer the question why is 1 cent so difficult? well 1 cent for shib would put it at a 4t market cap it would surpass bitcoin in market cap. so, does this mean it will never happen? no, it just means it is most likely going to take some time.
nearly 4years ago whole market cap worth was around 500b now etherium market cap is 500b i'm not saying shib going to be 1cent but i'm saying the market cap shit is boring,stop it already!
i have not stopped buying. up or down i'm buying
i will recommend not to panic sell.
this works the same
i don’t even look at the price i have buy alerts set
call j g wentworth
guys srry to say but got tired of panicking worrying about a depreciating asset so i sold my honda crv
30mil holding until i can retire!!!
i’m still really new at 800,000 but holding!
i bought the dip, then it dipped more 😂
let them sell i will buy cheaper again 💎🙌
our shiba, which art in shib-heaven, hallowed be thy name. thy kingdom come. thy will be done in crypto, as it is in shib-heaven. give us this day our daily uptrend. and forgive us our paper-hands, as we forgive them that panic sell against us. and lead us not into temptation, but deliver us diamond hands. for thine is the kingdom, the power, and the glory, for ever and ever. amen
just bought first 20$
goodnight soldiers! "our shiba, which art in shib-heaven, hallowed be thy name. thy blockchain come. thy will be done. give us this day our daily uptrend. and forgive us our paper-hands, as we forgive them that panic sell against us. and lead us not into temptation, but deliver us diamond hands. for thine is the kingdom, the power, and the glory, shiba forever and ever. amen"
just bought some shiba am i late to the party???
lmao get lost steve.
went from 3.5 to 7 mill shiba coins. i'm loving this dip
never selling only buys
just threw another !
seeing it hit 88 last wednesday was a thrill, now i wish to see it go back to that number and soar beyond it. until then, there’s nothing we can do but hold.
i’m willing to lose my current gains, let it go low, and buy more👌🏼🥃
i bought 100 million in the dip
started this week at 15mil and now i'm hodling strong at 22mil 💪🏻💎🤲🏻
bought the high dip might have to buy the low dip to hedge
156milly on that dip
let’s all go buy or convert another !
sitting at 15m in shib 💎🙌🏻
u either take the cock now and be rich in to years or suck your boss till your 65 and with no social security
any time i feel panic, that is my buy signal
paper handed bitches never made any money
help, i can’t stop buying 😀
it’s a spicy dip for sure
bought another 30 mill. diamond hands 💎💎 around 200 mill total 🙏🏼🙏🏼🙏🏼🚀🚀🚀🚀🚀🚀🚀🚀
don’t buy the dip…. cry about it here after the rise… shoulda coulda woulda.
just bought 1 mil for 60 bucks.
my friend joined shib on this dip but at 0.000059
we’re going back up?
i bought da shiba inu token
if kraken and robinhood list as soon as possible we shall skyrocket
just bought 1mil for . i like it 😁
selling your kidneys for shib is the way
i bought in at .000009 and i didn’t sell at .000088! no way i’m selling now!
i need money for crack. i’m pulling out of shiba. i was high when i bought in past 4 zeros anyway
trust me... you'll know
you only regret a panic sell.
650 trader, then go buy other coins and gtfo
jesus christ u're still going?
just converted, 10mil more shib
i’m like now i can make it to a cool 2bil
of course i bought the dip. i have zero self control
130m locked in earning interest on crypto.com cant sell even if i wanted
i mean i bought 7 mil, but y'all are in here with billions 😂 i'm not going anywhere though. even though it dipped as soon as i bought, just like everything else lol
dropped 2k into the dip!
threw a hundred in for the dip 🤙🏾
i dipped my nutsack into the dip
paper hands just turn into paper planes to air drop flash sales for the rest of us
lowkey, all of us need to get this sub more well known so new buyers can have a trusted source and not believe the fud
you sonofabitch, i’m in!
why would i sell when i am down ? if i didnt sell when i was up
nov 4th is the “luckiest” day to invest in india & a lot of big indian investors are talking about shib
bought the dip at .000055
hodling because i missed doge even though i had a buddy telling me about it for two years before the big wave hit
are we winning yet?
i looked back at my first purchase and it was at 0.000018. sold it for . not mad, just thisappointed
yes. i bought in at .000001 so ive been enjoying the ride. really though i hope everyone gets to experience financial freedom
i fuckes up on doge, i will not fuck up on shib
army ! our brothers held the first great dip and we’re rewarded. keep your faith and hold !
im in with 😬
until kraken and rh fullfill their shib destiny the paperhands will keep lowering the price, ill buy every dip idgaf, in a couple months ill be cryinf because i wont be able to decide which color lambo to choose from
i bought right before the dip, like every time i try to get into crypto. never fails.
honestly, if i’ve known it’s dip this much, i would’ve waited on buying this coin today rather than eight days ago.
if you are mining this is fucking beautiful
and make no mistake some people telling you to hold are selling
whil you are wanking each other in the shower i will be buying more shib for my army idgaf
forget diamond balls i've got a diamond dick right now
if it hits 3 im going to shoot a huge load into my own mouth and buy until i pass out
i bought 800 mil
it ain’t done dippin imo. 3200 is support
i got chips for the dips baby
i got another 7 mil
i panic sold at 61 last night, thankfully i had the chance to buy back in today at 44 so done well out of it in the end!
i sold my free stocks and added another .
what do y'all think about crypto.com? do you trust them?
i bought the dip. then the second dip and then the third. lost count at the 15th lol
lost 1.5 k after i bought what i thought was the dip and bought some more at the new dip xd
i’m at 500 million shares and holding at least until next summer🏆
i just kept buying lmao
hell yeah , people gotta realize what healthy growth this is , we are about to rise again , i’m glad i bought now , i was thinking of getting back into jasmy but nah, shib was the right move
i love the positivity here!
get behind me men ! i’ll lead the way ! hold !!!!
bought 250k dip feels fine hop on in
lmao this is like the 10th time china has banned crypto
i have almost hundred million. do i do it?
it’s simple. get out or stay in. if you don’t like a dip then take your loss and leave. we’ll survive without you. pathetic you can’t pay your mortgage in 48 hours. just sell and go away…. forever.
bought the madafockin dip!
someone say shib is on sale?
bought anouther 1,000,000. gotta get it while the gettin's good
bought the dip as well. anything but worried!
hopefully, that person with a whale load of coin could sell just enough to set them for life and burn the rest.
yeah. i would never open an account in kraken
this coin has zero utility at the moment right? it is purely hype driven value that is only sustained by others taking a risk.
anybody else got shib and saitama?
anyone got any chips to go with this dip? 😂
i haven’t checked the price all day because i simply don’t care, this is a casino
i remember when i had so much doge and panic sold and i never could get the same amount back
i’ve been here twice before everyone. i got nervous the first time and lost a chunk of profit. second time i was brave. this time i ain’t even flinching
get those bad juujuus outta here bro
go to a class room and teach it then. this am not the place in the middle of the shib army you must be bored or missing a chromosome u
you guys really compare stocks to crypto? don’t you guys think crypto is at least a little different? from what i’ve learned crypto waves are much different… maybe i’m wrong?
crypto does not give a fuck about regular prices and “basic finance”
i’m not sorry for anyone that missed out on this opportunity after learning from bitcoin, cardano, chainlink, or doge
had some spending budget left and that is where that went. solid bit more once that check hits tho :)
we talk ach on the ach sub, and shib on the shib sub, get fucked.
all i see is great success from this dip
ok just bought 2k at .59
just imagine there’s only 2% of the world invested in crypto
only bought 40, coinbase is stupid.
holding 5 mil. there are too many eyes on shib and too many big decisions we’re waiting on
the dip was market manipulation so exchanges could buy in at the dip and fill their liquidity pool for cheap
i wonder if other shib whales will buy more at the dip and fill the cap.
lmfao y’all wild—love the energy in here. let’s get intergalactic
bought the dip and now i’m just over 10 mil!
all praise our ginger shib
price cumming back up 8=======d----- ( . y . )
going up baby. glad i bought s that dip
i'm no child, i'm just chilthish 😂
i was only able to grab 100’m in but i’m with you fellas
shib is actually evolving, adapting, and definitely going to the gym.
i dont own doge because elon manipulates it when he wants attention
and it actually just fell instead
got paid for miles driven at work, used a chunk of my check to buy 500k
got a nice 50m more 🤗
are you guys ready to be rich
it costs ¢0 to hold your fucking shiba !!! hold mfers delete your app for god sakes and write down your recovery phrase and go take a walk, workout, watch some tv for the next month-year and then reinstall the app and look at those gains 😂
for the ones that sold - do you quit a job and then go hang out there everyday trying to convince everyone its not a good place to work?????? hahahaha
to u... if you cannot learn the lessons from doge do not bitch at other people that saw how that coin was snuffed out because of whales greed and fucking paperhand bitches that panic sold every time there was a little dip. the whales ended up with the massive majority of coin in doge and none of it is moving anymore because there is no community of buyers behind it anymore. 10 whales own 90% of that shit and it is dead. i do not want the same to happen to shib so fuck off. i learn from other people's mistakes... if you cannot... fuck you. maybe you should not be the self proclaimed gate keeper of shib.
ghost ride the dip
bought . gonna ride it out for 1 year
loose lips sell dips
i think shib has the potential to change a lot of lives, you don’t have to be rich to buy it, affordable for all. opens potential dreams for many. the peoples coin, unlike bitcoin which is more for those who are wealthy . i would love to see that happen , that a coin from the grass roots of the people one day proves to be a contender, as this “shitcoin” as its commonly referred to turn out to be something very special ( i think it already has and this is just the beginning)
added a cool 5 mil to my total :)
holding 26 mil. no doubts
wow shib is up over 500% this month!
we had a good run
it can dip as much as it likes when we are literally up 100’s% , it’s really not a big deal , i hate seeing the new people panic over what’s natural
i'm down 2k usd from this dip and i'm still holding. too many catalysts on the way
hell yeah i bought it, 9 mill shib and counting
idgaf...its at 4 im throwing in another 1k
mcdonald’s needs to accept shib, there’s a pastry shop in france that accepts shib. bitcoin started with a pizza.
bought another 1 mill in the dip, not much but it is honest work
the guy who made 5.7 billion isnt paperhands thats for sure
i personally used alt coins to cut a shitty habit of buying 2 for . that's 've been using to make gains in crypto.
shib on one hand, weiner on the other?
told you guys yesterday when i liquidated 95% of my position that it was gonna keep dipping. but you guys didnt listen smh
crpytos always sink when the meme stocks are having a good day. hedgies are pump dumping crypto to have ammo on amc and gme
community not as strong as you think 😂
the fud spreaders in here are the ones shorting it
who’s in the hundred million + club
lmao everyone is tripping. we're all gonna fucking die!!!! aggggghhh ahhhhg lol
bro wtf is going on...i am not selling but what the guck
and he is rick rolling people? thats it, he needs to stay
my money is on pre oct 23 prices
some went all in
thankfully i got in before the 0 loss but it is fucking tanking hard
put in about . really hoping that rally happens soon. i thought the climb would go a bit further and lost a fair bit of what i gained by sleeping through the dip.
honestly hope this dip lasts until i get paid tomorrow.
i’ve been invested since july during the dip after the may highs and even though it’s going down i’m still well above 100% roi - hollld folks
i'm not worried about the price going down, it just gives us more time to buy more tokens at a cheaper price before it knocks off another "0" when i first bought i got over 27 million for 110 now when it was higher i got 11 million for 600
exactly i’m here since i’m new-ish to crypto trading and while i’ve lost some i’ve also gained it’s a hell of a learning curve but once you figure it out - imo plus i know what it’s like wondering if it’s worth dropping a couple bucks in too since no matter how you look at it’s a gamble
fact: every stock i been in an every coin i've ever bought there was people saying it is going to fall no matter what you get into there will be trolls an shorts trying to get you to sale an there will always be people talking non sense
don't let anyone talk you outbof your investments, if you done your research an feel good about it then that is all that matters
bought the dip for hours straight, even a redneck would be jealous 😎
anyone have friends who always make the wrong choices with crypto buys, and when they sell it immediately goes back up? my friend sold at 000043. i told him to hodl!
27 million and counting!! scared never made any momey.
what’s you guys total count of coins?
me thinking that it is okay to buy at 5200 but i'm still down 😂
there is no fast money these days
everyone that regret not buying last time needs to buy right now
let’s gain another zero lads
fuck it, y'all convinced me to snag another 3 mil.
morons do not understand short term capital gains tax
bought the shit out of that dip
last and best time to buy before eating zero
hodl or buy more now
just got up over 2m coins on this dip
i've been buying the dip and i'm up to 13 mil coins. down . i'm in it for the long haul not selling.
i have a buying the dip problem. it's like i am addicted to discounts or something.
i’m here to say ditch your nagging girlfriends , costed me so much
i suck pussy for shib.
i’m thinking about being risky and buying more by converting some btc but idk
hell, shib is always on sale
kraken is afraid of system overload! shiba buyers are ready to kill it!😝
i’m still not selling!! 6 months and a strong hold on my 4 billion. buy the dip people. even if it’s . build your bag on the low.
doge is a necessary evil it gives shib a driving force of competition and i'm sure if doge never took off shib wouldn't have collected a mass movement either
weed out the paper hands so only 💎🙌hodl
i'm at 55 mill now!!
i’m still in, but it would be nice if the dev team could confirm the actual circulating supply in one of their tweets, rather than just say that there was an issue at coin market cap, which one of you pointed out is ongoing.
down 21%. gloom and doom. the world is ending. get a grip sellers. tell me the naz treats you different. get in or get out. let’s get this over with.
i bought too early 😞
we were in the same scenario literally 5-6 days ago, and we went right back up to the 7’s 🙄
gotta wait for a couple calls to mature, then i'll jump in with more
i’ll be fine if i stop buying high dips. or hips is what i dub thee
i just ate some dip. yum
in for 60 mil
bought the dip 69.99 worth :)
and the robinhood thing
u, i made 120k off shib yeah it was great i dumped 20 g in xrp and turned that into 25k in a week i mean idk about you but you oughta do your homework and have realistic outcomes
kraken said on twitter they would list shib if their post received so many upvotes. shibarmy responded but kraken said there is more work to do. army didn’t like that response.
hell no i been glued to reddit and ftx all day
this is what i call a little hump day sale!
yes. at .056... im not proud
if you're not buying more right now then take you're anxious ass back to sleep. we're about to skyrocket to mars soon
you rarely regret the buy, but almost always regret the sell.
the 3000 iq play would’ve been taking at least some shib profits when all the signs were there yesterday that shib is about to take a shit and putting that into other alt coins since basically the entire market pumping right now. besides shib of course.
anyways guys get some sleep this will recover we’re in this together just wanted to pop in and let everyone know y’all aren’t alone. good night. 🌙
i bought the beginning
i bought shiba at .000009 and sold it
i am planning to buy 10 million shiba coins next payday! :)
never was any kraken. just crack in the pipes of any body still in shiba
i’ve never heard of kraken until today- i think the spike was talk about it appearing on robinhood which is the walmart of stock
i held at least
the most hilarious thing i always see is people gauging the prospects of crypto through the same lens as traditional asset classes
bought 300 usd more
just my two cents. bought shiba 2 months ago and 10x returns theres not much more to to up boys….
i'm to buy or should i wait longer?
i feel like this guy bought shib at .000088
i will make a crack coin will you buy?
this is the cheapest it is been for a good min
the symbol would ofc be a little crack pipe
i don’t mind it when it dips- honestly it lets the fleas jump off. there’s real risk here. if you’re not able to hang on when i goes down then why do you deserve to hang on when it goes up?
i made 250% returns on shiba im onto my next venture
i just realized 650 trader is vlad tenev
but don’t panic ... it is the way the game goes
every one will make profits
don’t listen to bad news ...
who else holds more that 500m?
lol ima sml fry
i’m in for another 100m thanks to the dip!
we got above .000057 resistance line!🥳🐕
im getting phat off dat dip
shiba gonna run toninght❗❗
waves hand... this issss the crypto your looking for...
best and last time to buy before eating zero 🚀🔜
we about to be back to 6–we eatin
well i gotta work in like 5 hours so i'm gonna sleep. keep that train rolling, shibs!
paper hands will have regret and come back
i was up on jasmy so i converted into more shib and picked up 6.8 mil
4 mill but better than nothing
this wasn’t a dip, it was a landslide. hoping i can recover from this one, lost about 18k in the last week
you only lose if you sell. 🙃
any new news on future things with shib
man my balls were tingling with that drop
can anyone explain the burning ?
lol i kinda jumped out a bit after that snl skit and glad i did made some feee winnings
just bought in w the little profit i made from an old ether investment i made depending on how it goes ill throw a couple grand in lol
waiting for payday tomorrow. i keep buying the dips though 😎
just bought another 300,000 shib i’m thankful for these dips almost made it to 20 million should be over that by friday once it’s payday 🙊
did y’all read about that festival in india
unhook down from despair. connect dip to happy. unlock 💎🏐🏈🏀⚾⚽🥎
that’s something to party about 100m transferred to dead wallet
how much can we expect to be actually burned. 100 mil being burned once a month won’t equate to much of a reduction in shib
i really hope you make it all to the moon. ill look upon and salute the bravery
how do you do fellow youngsters
i love whales that drive the price down. more shib for me, and i do not quibble about the red.
good amount! futur millionaire!
i just dont play it the same way. i stay earth
bought an additional 40 mil a few hours ago
peter piper paper hands ova ea
spooky dips makin me quiver my lips
bought the dip finna dip
now second wave is coming.
i’m buying a gundam
weed legalization was great. more people buy meme
yeah whale did sold a few today. we all would. it an imvestment. investor expect return
praying it goes up a few more zeros so i can pay off my fiancé’s college debt.
nah man, gotta take the gains when i can. moneys rough these days.
when i sold. i made a few thousand
ahh yeah i remember when everyone panicked and sold their btc. beautiful days. the look on their when they come back a year later to see how much they lost
i bought about 100m at 0000499 hahah loving this
i only have about 20m but hey it’s something.
did psysight get to acceptance yet? 🤔
buy a crap load of shib. then delete your crypto app for a year.
this dip is some long cut boi
hey just think about how doge was at the start and how long it took to reach where shib is….
bought . total is over 81m now
set sail on the dip ship
i know lots of people looking to get rich quick off crypto, looking for pump and dumps, but shib is not the coin for that, it’s a long term project with real utility, and real value and that can only happen with real people investing over time, so when it’s time to cash out , there is plenty of . it’s investing in something you believe in, slow and steady over time . not gambling with a few rolls of the dice. just my opinion, i’m here to invest not gamble. not financial advice everyone needs to do their own dd.
hey iotx made me a lot of money today l
there is not any super sharp falls and the support is still decent
i kinda do not like you the more i talk to you. i feel uncomfortable.
send me the 2k ill foward it
bet bet my financial future is up to 3 people off reddit xd
its normal when you hype on reddit to get a lot of fud. as redditor aint always the primest of ape. dips will happen but i you hold till 2035. you should make a few tomatoes of it
i'm a metals boi. i hope crypto kills metals, b
bought the .000067 dip then the .000063 then 60 then the 55 dip and i’m still negative but i have so many coins now and i’ll hold ❤️
two words : bubble burst
i just want to be rich :( without having to embarrass myself online with tiktok videos or whatever
it is the dip just before the years end hedgefunds and whales are taking the apy but after that they will re buy and the price will go high again and if you check it is the same for many cryptos and it is totally normal that is the emotional roller coast
i get paid tonight. hoping price stays low or even goes down more!
set your limits, chill with the fomo, enjoy gains
no reason to sell... lose your position and you'll really be kicking yourself in a week
i will buy when hit 0.000041
buying again now love these seasonal sales
to make massive money from dips in high belief coins. are you not listening? right now i'm here doing pro bono community service
i will do whatever i want
doge , shib and saitama are ussuring in a new era , for a while it wil unfortunately be people gambling on random shitcoins with no real utility or ecosystem (new people attracted from doge and shib success ) , but once that smoothed out, we will be able to see a flux of new unregulated currencies and plentiful investment option
this dip makes me so fucking hard im going to buy even more
it’s not a surprise , it was literally expected by anyone with half a brain, or did you guys think it was going to shoot you vertically for ever with no end
the dip is like fresh pussy
if ur selling you shib send it to me
shib isnt over kidd
usd has not been backed by gold in a long time
i love this because this a period of time where in 2 months we i will look back on and see if who was the real retard
if it breaks 46 i'm going to refinance house and setting a buy at 28
i want every shib
it’s going down like crazy. but it should spike again soon
hai. i do not understand nothing bout crypto but i wanted to be part of the army so i bought 10€ worth of shiba
yes, if you need reassurance just span out the charts over a 6 months period minimum.
finally went from 4 mill coins to 7 those morning. got lucky on the dip yee
i mean i'll volunteer to do it
what's everyone holdings rn?
hello hello , what is going on with shiba today , where is the next stop...
i always buy the dip. i ain’t scared 0.01 reality fuck a dream 🚀🚀🚀🚀
hodling for the long run. bought some more dip.
btc is down so it is not unusual for alt coins to follow
best thing to do is just to log out and not look again if you’re in deep already
just bought a couple milli more
market manipulation. top 10 are getting passed by a meme coin, this is just war. hodl tight, they are scared
wait for the lunch time sell
i'm going to start putting coal up these paper hand bitches ass and make diamonds 💎!
my price point was if it went below 50 i was buying. glad i held out. nice to see i can get 1 mil shib again on 50 bucks
how the fuck else are you supposed to do this job? cocaine and hookers, my friend.
i'm clenching my cheeks extra hard right now. hodling
noodle guy coming thru with the quik mafs
fucking love the room went dead for 2 mins whilst everyone started calc.exe
but they are grayscale news about other cryptos tho if people are widely interrested i can explain
one down 40k, another 100k and now 30k
paper hands ruin everything
question: say i first buy 10 coins of x crypto on may 1st, and buy 10 coins of x crypto again on april 1st, which date is the relevant date to start counting when capital tax would not apply anymore?
get us into leash tell us about it
just bought more. let’s go!!! 💎🤚
sure did and i have been since jan 2021
dips only temporary until we rise again! i am in it to win it.
put my hands up on your hips, when i dip you dip we dip
every token goes up an down an after a big run it needs to settle to find it is footing for the next run up, people has yelled ponzi about every coin that is made many people rich so far an many will about every token it is all part of it
i did all of my dd an then some, i'll keep buying
while i’m still holding obvi bc i have faith the coin is going to break another decimal
it will gain a decimal before losing one. ;)
i’m not a crypto day trader by any means but for a newb whose made over 1000% roi on shib ima keep hodl on for a tiny investment
i made enough i own my house free an clear no payments no mortgage, 2 rides an cash in the bank within no time so i'm doing something right. paper hands are the ones that sell for a loss an run with their tail tucked lol
bought 1 mil yesterday
i’m holding myself, but what’s our main evidence for it to jump again? my fear is the whales trying to diversify into other crypto
back up to 5 lfg
its going up to dip some more hahahahaha
those paper hands were on fire earlier today
35 million picked up when it dropped earlier. i would have picked up more but got a beating on the stocks last night.
bought more on the dip
i wanted to sell some for a profit. but can’t now
i bought the dip, then the new dip, then the new new dip
everyone got scared by the .
i'd rather just buy the shib though vs giving that extra to my power company
i’m at 39.2 mill for me . bought most few months back
down over , zoom out folks. buy these dips!
if you bought the dip , your about to be one lucky son of a bitch
i sold the top and bought back in at the dip. it's like getting more for free.
i shorted this earlier seeing that the whale wallets holding shib were on the move. good move on my part
i lost 50k so far as the , wait lost 60...61.5k so fa...62.1k as of 63k... now
i know american tends to think that everythings turn arounds em. but actually
yeah. your a closed minded america
it will... just cant give in or let up!! just think about it like this… i feel better that this is gonna continue going up compared to doge coin when it dropped. you know what i'm saying?? i sold all of my doge and invested it into this... 🤯🚀🚀🚀
bought only 50 bucks last night on the dip, only got around 683k. cheaper than at the top tho where i bought my majority!
your name betrays your comment. suck it u
quick go tweet at coin market cap angrily about reporting the correct circulation amount of shib that might keep the price above 4000 for another 12minutes lmfao
i bought in at 586 an still up an got mass coins left but i'm not going to rub it in peoples face, thats chilthish. truth be told shib is far from done
i think the more folks buy in regardless of the amount of coins they hold they price will increase since the total supply has been decreased significantly and as long as the demand stays high we should be solid for the lonnng run
too much hate these days. take that crap to the dm’s
converted 1m shiba to btc
it’s about sending a fucking message
anyone else buy below .000008
lower market cap crypto have bigger upside potential. shiba is too big of a market cap
shib dipped hard when "meme" stonks gained traction. shib being a hedgie pump and dump is confirmed
to be fair. i feel great about my decision as i feel im still able to make good dollars with my investement gut. if i lose some unrealized gain. they were not for me aniway. i still have enough for my others ventures
i think it will dip more
wee woo wee woo wee woo
why some people stressed about the dip? these are the moments you buy as much as you can. this is the period when we accumulate wealth.
bought 7 mill yesterday :d
btw if i buy this with binance is there a way to bury? does it make sense to transfer 7 mil to shibaswap or are the fees too high?
30m and holding strong guys. glad to be with you on the push!
keep buying the dip!!
so bunch dip not enough chips! buyyyy
shib crashing!!! buy baby doge coin
you people never learn your lesson.
whales will be in any token an stock you get into there is no stopping that but they cannot stop anything from going up when it is time for it to go up
blinddan were you ever in doge
why the hate man
he is only made because he sold
imagine holding this garbo lets see 0.000006 again
well, that was a great pump and dump boys. these devs made bank!
guys buy ach coin - alchemy pay
y’all gonna drive yourselves crazy bag holding i hope most of y’all at least took out your original investment
anyone buying over 4000 got rekt lmfao rugged
i yolo’d rent and savings on last ath
i was so worried that i was waiting for it to dip to 5 in vain , but it did , so i finally bought the dip 😎
why the sell off?
ooohhh what's in here?
ohhhh nvm i see what your asking
robinhood teasing shib listing on their insta story!!🚀
i bought about 30 seconds before it bottomed out. but still happy as it hit the number i was waiting for.
and i got the dip
ran out of chips for my dip
i don’t even care about robinhood , they’re shady we can generate our own luck
buy now , take advantage !
i’m only at 10 mil. but i’m holding from now till forever!
100m at 4900 hahahah
i’ve got 21 mil at this point, and i’ve already almost doubled my investment 🤷🏼‍♂️ let’s x10 that…. x100
ya know what. let’s x150 that for shits and gigs
don’t tell me what to do lol
dude it was pure luck i had it set to re-purchase at 6100 and then i was like oh the hell with it let me move it up and then it dipped hard so i was waiting to see where was going to stop under six and that shit went down to 4900 and i hit buy
(still shows up) damn you win
not much but added to my position
i hope all y’all beautiful bastards wind up rich
i feel bad for the new bees who paperhanded
lets go. picked up 31 million
i’m just mad i spent my grand yesterday so i could get above 50mil, wish i woulda did it today but i’m outta play money now
i would post a screenshot if i could!!
its literally not a lie robinhood teasing shib on their insta story
fueling the rocket 🚀 right now, when do yall think we will take off and drop a zero?
then you would know!
(everyone thisappears to check insta) i’ll wait to see everyone’s response lol
its literally there holy fuck big hype
don’t have insta to check it
now apologize to me im no fud
i’m sorry for him, i’ll suck up my pride and be a bigger man than him for you
hookah i dmed you a screenshot
guys be patient and you will be rewarded
for everyone wondering. rh is not teasing listing shib. they posted something about the number of shib comments they get in a poll they are doing on their story. just because rh mentions the existence of shib doesn’t mean they are teasing us with a listing.
that’s how more rumors get started
ok bro you dont know how marketing works
this is quite literally them teasing a listing
way to hold the line guys!
china just officially made all crypto trading and mining illegal for individuals and institutions. seems like that might have been the dip, or i am an ill informed idiot...
go shiba go ! we believe inu !!!!!
376 mill. not leaving
all in xx,xxx,xxx shiba buleva
30 minutes ago china makes crypto trading illegal china's central bank announced that all cryptocurrency trading is illegal in the country and mining the tokens is banned
for the 50th time. they always leave that out. lol.
who gives a s! good for them, good for us :)
yeah, i have no idea. although just re-announcing could have an effect on the market.
china's statement the pboc said it will "resolutely clamp down on virtual currency speculation, and related financial activities and misbehaviour in order to safeguard people's properties and maintain economic, financial and social order". it said
that trading of virtual currencies had become "widespread, thisrupting economic and financial order, giving rise to money laundering, illegal fund-raising, fraud, pyramid schemes and other illegal and criminal activities."
.00005600 . missed the 4800
xi probably got squid token at 2800 trying to ride the rip🤣
now he is salty
well i'm at work and just bought some this morning but after seeing this i checked and it is still going on a firesale so i bought another 150000 or so
just bought 20 million more
need some help here guys
i'm broke otherwise i'd buy more. or i would not have any money to eat later lol
so no sources, this must be fake news or just old news being regurgitated
i invested today 8mil
i just bought 1k today! buying that dip guys! let us go!!!
10 mil added today 👊
i bought more at 59 thinking it would go back up but wtf should i just get more
i threw a couple more bucks in.
people panic selling or did a whale get out
i do not get drops like this
im new and realize crypto is not a get rich quick scheme like people think it is
like everything, patience is 🔑
it’s not. it takes years.
and everyone’s jump off point is different. some people want to pay down debts, which may be , some want hundreds of thousands, some want millions.
it’s all up to you and what you want
buying now!!! here we go!!
let’s go, bought at 55
i agree about any sell… it’s what you want in life. but quit the endless bash it went down. sell or stay. my goodness the bitching about a dip. did you buy with a guarantee? lol.
any idea what caused the 1inute dump to 50 and back to 60? who caused this?
can somebody explain please
got some chips with my dip! and didn’t forget the 🍷.
i’m in for more guys. i’m here to help
i idea alpha… it’s buy or sell. it’s not a day trade stock anymore. it’s a minutes day trade stock. the real traders with start stop programs have figured it out. the ups will be beaten to death.
im def waiting til tomorrow. someone show me a bounce
i bought more to buy down my cost. but im over invested in a meme coin and i need to reduce my exposure
bought the kraken dip
bought another 1 million. all i could afford atm
when we hit it big we should all fund a geodome for honey bees
meh…. added some more…why not. still in the green. this is a 2-4 year hold for me.
shiba honey bee geodome
i’ll throw in for that
im shocked at how many pussys there are in this. if your scared then dont buy!!!
the only time pussy will make you rich 🤑
this needs to stop
you don’t need dips if it always goes up so let’s get back to doing that
buying and buying some more
this dip was a godsend we get to load up before blastoff
this is good for all the new people that joining in
i thought i missed my ride on the 🚀 🚀 but looks like you guys came back to pick me up
this token is a fight against tyranny inflation all the bullshit the government is doing that’s fucking illegal we are the shib gang
it’s about the government using us to get money and then taxing us 10% per dollar they asked for
i’ve been on a recent streak of buying daily. throw 4-500 at it every day.
this is not a bad buy, price is where it was a couple weeks ago. grabbed another .
this is heart wrenching. but i’m holding.
think of how long you’ve been working to get ahead in life….seriously, think of the sacrifices you’ve made, the people you’ve lost along the way, the time away from your family and the fact that you have had to put your dreams on hold. you have a real opportunity now, what the hell is a year or so in the grand scheme of your life? all you have to do is steady your hand, and keep your eye on the prize. compared to what you have had to go through in life, this is nothing and requires nothing but patience.
i finally made it to a mil today so i'm just happy to be here for the ride. whether it pops or flops i'm holding
this is a strong buy!
buy buy buy and hold mother fuckers unless y’all wanna suck your boss told your 65
fire now and everybody shots ……turn down for what
everybody get out your calculators and take your holdings and multiply them by .005 and see what you get. that’s 1.
bought all the dips...now i need a new fridge...🤑
just bought a mil
yup, added another ! let’s go!
why sell, be human and give me those 30 millies
let it dip more!!!
it will stop at .4800+/-
then it will be stable for a few days
bought the dip and it is still dipping... please advise.
then santa will show up with some nice presents 🎁
bought the dip for the chips
i miss when 72 was the dip😢(i cannot afford to invest more)
everything that goes down, goes up
yup yup bought the dip!
shib is on sale!
missed that 48 tho.
funny how people prefer buying at top 😂
rather than presents, buy shib
shib is the best present
not gonna lie, i bought into this around two weeks ago, but this major dip has me in the negative overall, i’m kinda nervous about it
what’s causing this dip rn
after a week of over 100% gains new crypto investors: “must buy it’s going to the moon”. 30% pullback “time to freak out”. crypto veterans “30% pullback? just another day in the office”
boys it is not gonna be a penny by christmas. let’s focus on dropping this next 0
thats money dude, use the chips you like.
just bought another 9 mill
just got 5 mil more
it’s about time to balance tho. it will go up again! patience my loves 🥰🥰🧡🧡
i traded into the dip since coinbase would not let me buy anything :) (that smile definitely is not me pretending to be happy)
its not going anywhere fellas. waiting on instant gratification will make you mentally ill
yes its dipping!!! time to buy more on sale
still up a grand or so
robinhood taking this opportunity
i keep buying and it keeps dipping. guess people are scared of something or listening to a tiktok influencer.
if your negative just buy down your average on the dip
time to average down...
nah bro, buy high and hodl
i bought a big ole bag 💼
let it hit 4 then buy a ton
what kind of dip? ranch?
i bought in at 600, 1200, 2200,6400🤷‍♂️💎
just picked up 19m leggoooo
600s tonight fiat 😉😎
i would too if i popped billions. we all would. lol
so does anyone know why this dip though? kraken or diamond balls moving his billions to different wallets?
bought the fuck outta this shib dip, up to 275mill coins now
correct, and then will probably sell it, diluted in several transactions
and if he sells, and this shot goes down to 5 bucks, i will buy a shit ton of shib
i’ve been reading about a circulating supply situation in which it appears to jump by around 1.5 trillion, and that would have had the effect of keeping us from eating a zero. there was an issue at coinmarketcap, and it scared people into thinking our coins were being diluted.
it’s still dipping… lol
going down 1000%. another pump and dump
i’m eating this dip 🤑
everything is going down. even btc and eth
that coin is dead
so one explanation for it being perhaps legit, is that someone could have unburied. not really sure though.
it will settle around 27
i hope it hits 35. weed out the chaff. scared money runs. run luke run if that’s the case.
only makes sense to buy more
been eating up this dip
buy and hodl all 🚀🚀🌑
just bought 2 mil... now at 72mil
it’s exactly the moment i’ve been waiting for 🚀🚀🚀🚀🚀 1,000,000,000
i hope all these little shits that bought a few on the ride up and folded and sold all their shib when we rode down to 0.000050 get absolutely fucked and it rides past 0.000080 this month
i'm a small fish with 1.5m, but my hands are stronk right now.
i bought the dip when it was .0000087. 23 million strong !!
i bought a extra 12 million
70 mil, for 600 bucks
ayyyyy what’s up fam with the diamond hands 💎🙌🏻💎
buy and keep buying a bit at a time
is it possible for it to hit .01
bought the dip for the 3rd time this week
is not this dip different from the last spike? anyone else notice the parabolic arc?
it broke major support. next stop is back at .000025 and if it breaks.000021 your looking at picking up a 0
chart has shown this play out before in shibas history… i trust i will be holding for a while and it will turn out favorably
i always buy the dip. some people just do not realize the opportunity they are given when it goes to red.
thanks for the dip i now have a couple billion
i'm moving to crypto and kucoin
i didn’t…i’m just hodling. need to save up some money before i buy more
caught that low 53💎
why is 1 cent so difficult? we almost ate a zero when it hit 8890, just that 4x then there you go
seriously i bought 4 different times today and after each one price dropped more. i think i could be the curse of shiba
why is it going down alot?
krakheads don’t have any money anyway. who gives a damn.
had money locked up in transfers so only got a 1000 dollars in today :( if it is this way tomorrow i'm going to brake a billion.
dips are getting more volatile on the hourly chart
i mean guys i'd say we're doing good. it may be having drawbacks in the price but our buying volume is going back up as of yesterday. (source: coinbase)
logi, ballpark how long would you say 5 years?
shib staked yesterday and bought more on the dip today 🚀🚀🚀
how the hell do i stake. i want to leave coinbase (at least my shib)
come on in, the water’s fine ya’ll!
i need it to hit a penny then i’m retired
come on break 5590!!
still have my spot on the rocket where tf we headed to
what is with the dip
not that i mind buying shib on sale
i'm just salty i did not get to buy when it touched down at 49 today
i promise i buy another 10,000,000 if gets below 50
how much is a penny
robinhood teased about shib listing in their stories
herro bought da dip
i will doo it again tooo
i take 25% of my shib out at peaks and hold them in stable coins. i put half that back in and got 30m more coins than i had last peak.
where my wire transfer at, waiting to buy this juicy dip
i'm scurred papá. must buy more
timing the market however, is a difficult move. good luck with you sir
i get knocked down
i sold 40 million at hight today and bought 55 million at low am i doing it right
i am down 300 dollars and not even caring year ago me would be freaking out right now
buy low sell never.
you’ll never make money that way
i was scraping just to buy the dip
even if i bought high i will never sell
sing with me! how low will it go! how low will it go!
eh it will be fine. you only have to be worried if you think it will never reach 8 again, which i find to be highly unlikely
rh is tanking. their pos company is losing money.
how low will it go!
what caused this dip anyway?
u-coffee everyone selling atm it’s at 40% sell
i can see that, genius. why are they selling?
i'm convinced with how many people are asking why a crypto is dipping or dropping that there may be some sort of attack on shib. most of the people posting are not commenting back towards people. it is a possible plan
and they’re saying that there is more being released
there is definitely large amounts of people wanting shib to fail so they have been mass trolling lately. or maybe that is just a conspiracy theory but something is off
it’s consolidating before new ath
i do believe that there indeed are some coordinated attacks on the coin, however, but this is just a gut feeling
shibarium. rofl ppl have no idea.
it may be due to the kraken thing
hopeing for 40s in morning
just bought ! woot
rh seems adamant on not listing shiba, and what did kraken do exactly?
we do not want rh. they're a shitshow and they are tanking.
what's the deal with circulating supply? is it really an error i thought you could create more tokens what's the real truth
i've finally reached 15 mil 😊
i couldnt hold. feel bad
buy it back silly billy
holding for deaf life
u!? lmfaooo you make no sense no wait you make no cents.
i love how were are all connected in our anxious state over shiba
i’m holding :( but it’s stressful i refuse to sell until i hit my mark i have a gameplan
just get to 0007 pls
guys just remember disney started with mickey mouse and now look at it is power.
u? omfg you gotta be young man like in your early 20s or teen
yeeee!!! another 2 mil!!!
oh yeah sure. tell me how much stuff you get when you buy stock. let us say. if you buy bp stock, did they send you a couple of hundred oil drums?
do it! short time waves are fun
nope. yiu just got a piece of paper? no wait, did they ship a piece of that parking lot the company own?
do you think they will sell more ntfs ? that might help
it is not like you can go to the company and pick up a couple thousand oil drums. all you own is a piece of paper...
my stock comes with dividends. maybe i'm doing it wrong 🤷‍♂️
just bought the dip!!!
i’m sure i wish i had got one of the 10,000 but they also sold for a lot of mula.
20 million then 5 more!!’n
wait...you probably own a couple million dollar in blockbusted stock
i have no money to buy anymore from the dip i bought some eth and mana and a bunch of other stuff i stay diversified...
arent you guys affrqid of the sell walls?
are most you just waking up? is this night shift?
wow… what a nice midweek sale!
always smart, just buy what you are comfortable with its…
i lost 600€ within 2-3 hours
stop arguing i’m here, be positive or get out
stay this price till payday plz!!!!
i cannot buy floki or saitama because they are not on exchanges like coinbase ans crypto.com. gate.io app appears to be a scam app.
i told myself i would not look at this but than that dip happen and i was like nope fud i will ride this hellacious rollercoaster 🎢 we will be back up in no time seen this too many time man with other crypto.
stop being pussy and hold acting like ya put your whole life savings in there and if you did then now you know .
what is going on here? is it over or why?
it is definitely not over
i lost ,000 in 7 days
more like just getting started lol
gotta pay gas fees right now
not over just a thiscussion
you only lose if you sell
but everyone remember if you invested ,00 in august it would have been with
don’t forget some chips with that dip
you know robin hood buying the dip
buy the dips and hold the holds
that dip was sweet
let the fear run wild. buy when others are fearful, sell when they are greedy.
life changing money or government assistance idc
people got spoiled with the last few weeks
what happened to kraken?
flipped a few times to get from 36 to 42 million
i bought my chips and i’m waiting for the roulette to stop spinning
actually bought more 😂
exactly. i keep telling people this but i understand we've got a lot of new people in general. in the simplest of terms
kraken go sand in their vagina
doge was the rough draft. this is the final cut
i too, bought more on monday
wall at 55 now lol
lol... kraken is weak. when is rh adding shib?
did the billionaire sold??
can anyone see this comment?
i have to admit i was super euphoric when it crash coinbase but i new this would happen it’s just a healthy correction plus big buisness and robinhood and freakin kraken and other whales are just buying all this up that’s why it’s super important to pay attention to the underbelly
advice: if you lot are still shaken, just collect your cost basis and let the rest ride
my account auto purchases shib every friday you think i give a fuck about a dip while up 800% in a month
bought 36.551.557 and it 7nstantly droppes below the price i sold before. wtf, why does it do that to me?
well, if it goes down to 5, we all buy at 5 bucks
i am not even gonna look
look on the weekly timeframe
sell when you can do something impactful with the money
in the year 2525
before investing into anything make a gameplan and stick to it. don’t get emotional. sell at a number you’re comfortable with.
time to break out the reiki
who t.f. is 650 trader?
alchemy? no. i just puts another couple of tree fiddy in shib
don’t pay him any mind or he won’t go away
u guys have no idea about market cap
ach did make me money too l
wtf it’s not dip
better take that back
theres not much to grow for shib its over you fools
learn basic finance and market cap
what’s up with everyone shilling? take that shit somewhere else
shit finna be worf 250 tomorrow morning 🤣
what's everyone buy alert?
good vibes all around guys 🐶 🐾
buy the dip 💪🏽
do y’all have any technical analysis of crypto and stocks in general, especially the ones selling their coins? y’all do understand that there are typically 5 waves in elliot wave their...
we need a brotherhood with saitama and shibarmy. its a awesome backup after shib blows up. saitama about kill a 0
buy the dip and log out
**** ignore instant messages. most likely scammers*********
go watch some car reviews or something
that dip was awesome
fuck cardano too 🤣
learn basic finance buddy
hey be nice to 650- at least be respectful
if you are making so much money, you'd be getting laid. but most likely you are lying.
moass + loopring = 🌝
right now working on dropping more
30b market cap for shiba theres not much more to go up its already
fuck all the dog coins but shib and saita
when is moass dropping?
bought it and hoping it stays in time for my big pay coming in.
soon. buy in before it’s too late. just follow amc & gme reddit page
***** remember people, if they say that they are tons of money and are here to "sell you their bulllshit" it is most likely one brokeass mofo looking at making a few bucks for their crack habit.*****
i'm at 18m coins. let's hope!
650 trader. explain the consistency of shibas price throughout the past week during whale dumps? how are we able to maintain such a price with a quarter of the holders that doge has?
buy now lol u
i thought it was gonna keep going up. i'm monitoring these grass and you know doing my research but honestly i do not think anybody really knows except you guys!
it will start with 10 zeros
w a extra 0
i would call it the crack whack coin
🤣 it will resemble a cookie of crack
if you’re talking about traditional “basic finance” then why the fuck are you in a crypto groupchat 😂
however…. there is hope for you guys still in shiba. if robinhood lists then it might blow.
starting to show its support hard, should stabilize and then time will tell before it shoots
go buy a morgan stanley etf
just a mini crack cookie coin
thats a if however
and enjoy your 12% a year
i bought shib at .000071, but with this dip, oh yeah, i bought more.
i put in the last of what i can afford to put into shiba today.
i'm afraid to look
binance not letting me buy lately 😭
alchemy pay - ach coin on coinbase and coinbase oro
fr crypto has to be analyzed completely different there is no comparison to stock analysis
our buyers will be fiends and guess what. you can trade real crack for cookie crack coin
only , until friday that is i want another mil shib!
rh is a fucking crackhead. they only drive coins price down.
bought 16m at around .000065 , gotta 💎✋🏼
shoulda bought some crack
fuck i’m not getting paid till next week
all of u, i will be laughing when ach coin 10x from here 🤣 a crypto with actual utility and function. shiba doesnt have any function
can i buy shiba with a credit card lol
u heard it first here ach coin aka alchemy pay
if you want to be in debt on that credit card yes
if you need a credit card to buy crypto isn’t the investment for you (not financial advice)
hell yeah. i really feel like reddit community is the backbone of shib and the rest of the coins. i appreciate yall!
lmao, will my shib profit outpace my credit card debt?
boys, do what’s best for you. collect yoir cost bases and let it ride
if it gets down to .000045, i’ll buy more.
venezuela accepts shib and amc is going to start. seems like a function to me...
if you can’t stomach it, then sell
no pansy's for this coin community
do y'all think it is weird that vlad and roaring kitty look very much alike
let me know the day they accept it. then i will buy some
if doge can give magnificent returns without utility then shib can do so with actual utility
too long of a wait
i need money now
heads up! dip went great with all that ass i’m eating lol shib to moon
but yeah sorry to be a party pooper but shiba has too large of a market cap. its at 30billion…... i had it when it was .000008 and 300 million. 10x within the month and theres not much to go up further tbh
robinhood is fined .
price will shoot up friday watch.
he is an ach shill
u shall remember ach now once it mega blows 😉 i live rent free in your head
just because i lost 5000 usd today i bought the dip more 12000 ... let’s see this shit go to the space
didn’t buy the dip because all my investment budget was spent on shib already
nope mines diversified. and i'm on ach as well. i just respect the communities as a whole and do not try to panic sell through fud or attempt pumps on other subreddits.
i’m trying to get to a bill
2.2b 💰 dang, congrats 🐋
just hit 120 mill thanks to da dip
i'm late to the game and y'all got me feeling inadequate lol 😅
it’s not even close to being to late, get that wallet in here
the pump is coming!! hold!!!✌️
why is crypto prices and coinbase price different?
y’all got millions an billions in hodling a cool 633k, but hodling strong!
held through the dip✊
1m more for the cause
no more money just holding😂
guys, do not miss out on evergrow coin (egc) while it is in its infancy stage! holy shit, i landed 2.5billion three weeks after launched and i'm sitting pretty good in returns plus daily reflections in busd. don't take my word for it, check it out!
800 on the dip and it slowly going back up
just bought more, this is the way
increased my amount by 20%
we goin back up never fear ^
this actually does feel good! to the moon shiba... one of these days bam 🤯💥🔫 straight to the moon!
anyone think diwali will increase the price tomorrow?
hell yes i bought this dip i’m great full for it
going to smoke some good leaves
say your prayers tonight boys and keep the energy and the word going! i helped my mom invest 60 bucks her 1st crypto purchase ever! and i got her to put another 60 bucks into vet...4 fun
at 11 million shib 😌
bought an additional 6mil at this dip
still time to buy dip guys
yeah i’m only at 866,000 but i’ll hold. why not right
added 3m at the dip
60,000,000. you fuckers selling are pissing me off
god damnit your right
just how i roll
just blew my fking mind
mmmm dip my chip mmmk
5m and not going back! thus is the way!
damn you are balling out of control
increased position by 9% at 535
twittr world hasn’t stopped blowing shiba up
love reddit but so many kids in the army
so k just trick the little rug rats into investing their change jar!
nehoo dueces shibs hodlstrng
i’m in baby!!! 🚀
to the fuckn moon
lots of paper 📄 hands are gone
keep the pressure on
just got 200mil love it
loaded up another 13m at 585
night... say your prayers
all i had was 30 bucks so i bought 30 bucks worth
100m and holding... this dip is nothing. buying more tomorrow.
bought about 1.6 mil
def buying more soon
guys let us keep this us abd positive. i have 122mil and holding. btc and eth are strong too. keep buying and staking
can only get a tiny amount as only have so much extra coming in from miners.
we won’t be seeing low 5s again i think
just bought another . 25m total :)
10 million shares and counting. bought when it was first featured on coinbase
eat your veggies, and remember to buy your grandparents some shib!
i got 5.5 mil in shib the last coin i invested in was xrp hoping the best
who else has actual dip and chips? oh, and i've been eating shibdip all day.
so what are the chances of they burning a few trillions soon?
we keep breaking resistance lines so far... almost sold 25% of my holdings at the lowest dip lmfao
could not buy the dip cus i could not afford it but i'm still holding 82 million. not in any serious financial trouble for anyone wondering. just in between jobs so i have to be a week in the hole to gety first check
it will be like a snowball rolling down a mountain.
i picked up a little more.
i took out payday loans(i just use them for liquidity so i do not have to sell crypto) and bought like over 4 million i think.
oh shiba 🙏 🤲 🕍 🕌 ⛪ 🛕 🙏 🤲
hell yeah i did
200 mill i'm set for life
wish i could :( oh well. good job to the rest of you!
hodl til we yodl
92 million here. bought at 37
hey, i've seen both ends of this dildo
was at 16mill i ➕ 10 mill thanks to all that dip
did i buy the dip? did i buy the dip? who tf do you think i am?
wish i could fam but still got my 1.8m shib
iz the circulation 549t or 395t?
it’s 395 yes really
that would be a massive problema
cause if it’s 549t people could come to the conlcusion at this poing 0.01 is far from reality
i don’t know where coinmarketcap fucked up but no coin have been added so it’s a fucking mistake
6.04m hodl here. it ain’t much but it’s honest work.
i'm holding enough to make me rich if it hits .01 - not super rich, but rich enough
some saying .01 is not possible idk i think it’s possible
i put the order in, but it never triggered. maybe next dip.
no one is saying it would not hit .01, i said if it hits
well the rest think we need a dollar we just need a penny lol and i’m good with that
.01 is more possible for shib than doge coin. shib is limited. dogecoin is unlimited. wake up people! of doge can donit. shib no doubt can
wait how is shib being limited cause of the burn they are doing ?
only 1 quadrillion in circulation and 41% of that is burned
i burned another half 🤪
thats that cap. doge has no cap...
i was gonna dump my sol in but i’m just gonna hold it for now and hope it helps move but most my troll account is 72% shib haha
listen, you can totally get a boyfriend that does not say stuff like that and cuddles. just sayin. 😏
hope to see us all at a shiny penny will be a great goal
the longer you hold, the more likely it will be.
holding my lil 90 million strong 💪 💎
i also stake my shib have some i can’t even touch at 12x :/
guys could someone introduce me to staking
wth does that mean
370 million on that dip and it won’t be going anywhere
it’s not hard if you have crypto dot com
i grabbed another million on the dip😎
it’s like keeping your coins in storage and gaining a percent back for holding it in storage
i transferred a couple hundred thousand an hour ago tbh
boom bought cheap shib! up to 130 mill thank you paper hands. i'll eat my caviar in your name. <3 <3
it’s like introducing how to save with a bank without the bank giving you a shiny penny at the end of the year it’s a good way to diamond hands and gain a bit more shib rn i got 2 bucks worth but 3 months of not being able to buy out
tezos was the first to introduce staking i believe it’s really good and worth buying coins that allow staking
i'm not bready for tezos.
been broke my whole life if i lose my investment that’s fine i’ll make it back
so 6250 by morning or a couple of hours?
who else loves screwin with the scammers on twitter?
i mean i was watching tezos back i. the day it’s to high for me to want and i had paper hands back then but i’m learning more now all experience right
bought another 10milly up to 110 now
i bought 2 mil
i got in at .0000009
i just enlisted, this dip was right on time
i only got 8 mil
i like tezos... but i definitely converted it all to algo before governance started.
i'll buy back in later probably.
whoever sold is crying lmao
it was the series x or 8 mil shib, investment got to me
guys i bought cripto for the first time
love algo my main account i can’t get in rn which is coinbase smh i need to renew my id smh i have a whole shiny eth but my crpyto dot com is my troll account where i only buy troll coins like shib and doge an elon lol talk abt fkin off some money
this dog better not defraud me
i took that sip, of that sweet sweet pit, now let us blast off on a super-awesome trip. 😎
til we hit that shiny penny i’ll be here with y’all on this great journey of history may the trolls be with us
shout-out to whoever burned 70m three hours ago
it's a real project. it's not like doge.
that being said... i still own doge.
just shib and elon for now and some sol
the doge i have is from folding.
remember when elon was on an it was suppose to hit a dollar that time
yup buy dips set target sell yup yup
hoping my sol goes up to 500 so i can sell kinda need some usd for a bit :’m def not selling my shib that’s for sure gonna keep growing it one love shib guys see y’all soon
when do you suspect we will be back in green
yooo guys, i have £500 - what to do with it ?
i bought. i'm in. again.
i actually have a buy in at this entry lv
my highest is 7
but anything around 5 and 6 is good and lower well that’s your fears lol gl guys
definitely a good time to buy more!
bought , using the rest my money for gas 😭
people need not panic because this low shows a coming rise. shiblionaires...prepare
500k added to the wallet hehe
gotta get the rest of my bone into the lp
another 5 mil bought
oiiiiiiii smack a fish and call your uncle here we go
watching people complain about the dip is unbelievably dumb. the current price level does not represent true value. has no one noticed how low trading volume has dropped? it's literally 5% or so of peeps selling out of fear and others buying cheap
i sold guys 😢
now tell me i’m a oiece of shit lol
90% or so are holding, and there is no reason for upward pressure right now. of course the going rate is dropping. no fomo buying yet
you can always buy back in
i bought twice in this dip 😎
instability in low volume price =/= instability in a coin. peeps gotta learn this. it's sad to see some people panic sell and screw themselves
one day my kids will ask how i made all my money... i'll tell him it all started with a laugh... then things for serious
welcome to the party the dip is on the table. bring your own chips for enjoy!
spend your chips on that dip
anyone need a 🐋
i'm buying another 5 million fuk it
i do not have more money to spend to keep buying the fukin dip
it’s 9am in india rn i’m wondering if it’ll effect price at all
no, do not do that...just most of it. still need to get bread and milk.
just do the math yourself 7 million at 0.01 cent is 70,000 dollars
very nice! jealous of your buy in time; good call
your chance to buy even just a little bit more! don't let it pass you by!
i found the shooter my brain is the quicker the fud runs off. good ape
i mean considering amazon is a trillion market cap and tesla this is not impossible at all. add inflation and a year or so and it is super plausible
this. also market cap is not the same in crypto as stocks.
and associates! never forget the associates
you're right on time!
buy high sell low is the strat
finally someone who is genuinely from wall st
hopefully they do not buy back in and when it goes to .01 they will have missed out on a ton of money
no shit i deserve to have fun all the time and not work 🤣🤣🤣
shib is grower not a shower... 8=====d. 8========d. 8=======================d
and that pizza is worth over
the weiner is worth more, eat the shiba inu
yes bro 😎🚀 this is the way , when shib hits its next skyrocket it will never be this low a price ever again
you paying for your girlfriends? that is so 90s. make your girlfriends pay. booze? let them pay. food? let them pay? condoms? let them pay.
the goal is a penny … you’re 4 zeroes ahead
well, maybe you should go back to school. it is not like shib has a limited life and will die fucking next month.
hey love, i wasn’t being rude trust me i don’t like seeing -1.5k in my investments either, and yes the price is higher than you bought in originally, but i promise no one in the last 3 years had the chance to buy bitcoin(example) under ? because it’s only going up! and when things go up they also come down! but then they go back up!
that is the only way you know to make money?
yeah, this dip looking extra thicc
i will sell my house and live in a hut made of shib
good question, there will still be multi millionaires.
i do not think you understand chemistry
mr. fuckin’ money bags oer here!
i never sold anything , i just wanted it to dip lower before i bought more , i’m glad i waited
stop. seriously. stop. you are gonna get the van hammer so fast
shut your lying ass up
yeah we got this!
damn lucky bro, i missed it dipping that low , but i still got in at a fine enough point
right? that shit is already rebounding lmao
i’m not sure how to read into that though, if they are making fun of elon that would be dumb for all the doge revenue
oh yes , i have true faith
what do you use to trade? crypto? i get sick of coinbase not having that feature
didn’t they do that awhile ago? i did read a article today however about talks about a world bank creating a crypto but i havnt been able to find the article again but it was on forbes i believe
wont call you an idiot, but ill informed
a joke of a government
whats your source? i cant find anything on this…
lucky bro , i should have waited just a little bit longer, but it’s so scary haha , you want it to dip lower first but damn what if starts it’s climb and doesn’t go down as low as you wanted haha , it’s ok tho i’m strapped and ready for the next rocket
think half a cent is all it has in the tank?
don’t panic. it will go back up.
same i’m like ,
i’ll be happy with that.
it’ll never go down to when i bought tho :)))
so he just moved them, not sold right?
he is about to pay so much in taxes if he tries to pull all at once.
may be he is selling now, who knows
yeah, but they have not fix that shit. it is manipulation.
anything is possible in crypto that is why it is so volatile and trading is always on, unlike stocks that are only monday through friday and 8 to 4
you're only down if you sold...
you only get here recently?
unless you can afford 150% in transaction fees, dont
depends on the exchange. voyager does it for you. crypto.com you manually do it. coinbase does not have shib as staking reward.
i think we all could be then. at least most of us.
they better do it
i hope you’re not accusing me, i got a good amount of money invested in this coin and want it to soar high.
they can release more cause they cannot make more.
see, you think as of people would never get a paycheck anymore. if we heard losers like you, we would be in a cave. perhaps you should go back to school
same, wouldn't be hard to start a thiscord group to do just that. people like hate
yeah but a lot of people who use robinhood refuse to use other apps (been there) anyway if it lists on rh it will skyrocket
you'd be surprised of the amount i hold. if you really had some serious amount, you wouldn't be whinning like a bitch if it makes or not a cent
it’s ok. close the app, stop starting at the daily chart. we’re here for tomorrow gains, it’s a long ride
you only lose if you sell!!
and you are?... serious question, i have no idea
maintenance until they are ready for shib vol.
idk, did you put all the money you had into it?
a lot of the smart money realized that having a whale with 1, moving billions of shib into multiple wallets could be a bad sign and are pulling out.
almost likely a scammer
lols at this stupid mofo. rh is tanking.
i did 6k worth and it paid off but yet it was stupid!
the only thing mega blowing any heads is your mom.
it is all good, there is still money to be made here. just remember to hodl.
happy mothers day mom! gift? yeah, remember that crypto thing i introduced you too... you're welcome.
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good luck man! let's get it
dont worry... you have plenty. there will be more dips along the way to the fucking moon...
shibburn.com 549t is correct
couple hundred thousand shib loool
for some yes... plenty of those folks leaving and i am not even sweating about it... they will buy back higher
give it to him !
i think it was illegal for institutions, and frozen and under review for individuals, now official
fair, had something run across my feed about it, but not exactly the best source (the sun)
nope, even tho you hear many it is "imposible" to reach .01, it is not. you have to give it time tho, do not expect to happen by christmass. if so, then i'd be glad i was so fucking wrong.
define panic? i was just thinking of buying more.
that’s what it’s looking like
he bought in august last year so paying leas capital gains anyhow
that’s what i was thinking i hate when these wanna be experts bring up market cap
you're a smart person.
i'm not accusing anyone specifically but something odd has been happening. idk i've been around since 2017 in the crypto world which is not a long time but i've seen shit happen in that short time
did that. dont know what to do next
yeah put my rent money might be homeless soon
take a look at elliot wave theory
even if it reaches a third of a cent by then that would be sick. if not keep on keeping on
would love for you to be wrong. but i have time to wait also
do it!! i have the same thoughts
yea i get it...it is a high market cap but what the people do not realize is doge will increase annually by demand for their market cap and that by statistics should not increase a crypto currency price...so if doge can get that high so can shib
that’s ok we all fuck up, you just gotta reinvest
i agree. that will be a ton of money.
dollar dollar bills yall
this is a dollar. one. single. dollar.
shib going to make us a lot of dollar dollars money millions
i'll buy that for a dollar!
the future of the dollar.
"the history of the united states dollar began with moves by the founding fathers of the united states of america to establish a national currency based on the spanish silver dollar, which had been in use in the north american colonies of the united kingdom for over 100 years prior to the united states declaration of independence. the new congress's coinage act of 1792 established the united states dollar as the country's standard unit of money, creating the united states mint tasked with producing and circulating coinage. initially defined under a bimetallic standard in terms of a fixed quantity of silver or gold, it formally adopted the gold standard in 1900, and finally eliminated all links to gold in 1971." -wikipedia
yes, dollar here is made out of dollar
dollar dolar dollars dólares money dinero
dollar dollar bills you all
corporate wants you to find the difference between these two...
i do what i want.
dollar *but in a spanish accent*
spam buy shiba inu toke
dollar can make you happy.
dollar. made, spent, held. dollar. bill. buck. usd. shib? yes... dollar.
ein eur in germany
bite the dollar shib
if dollar tree stocked "golden calf" figurines, it might be renamed "i dollar tree."
oh look a dollar
bright shiny dollar with laser eyes
life will be sweet when shib hits a dollar 😅
shib to the moon!!! 🚀🌕
boss make a dollar, i make a dime dca shib now his company is mine
it's the way of the future.
yes. please - so stoked i bought shib earlier this year!!
trust the holy algorithm
fomo = finger our massive orifice
millions or nothing for me. all in at 500 million.
i just made some dollars o\_o
# how much is shiba inu (shib) worth in usd ($)? ## each shiba inu coin is worth at least .00.
is anyone else having an issue logging into their crypto.com accounts?
just bought 548k shares lets get this to a dollar baby!
imagine typing in dollar on google and the !
makes sense. dollar. currency, even
shiba dollar dollar shiba
very pretty, i appreciate
would love a dollar...
hey ppl not here to shill but as shiba goes up keep an eye on safemoon anyways enjoy
🤑🤑🤑🤑💰💰💰 dollar 💰💰💰🤑🤑🤑🤑 💲💲💲💰let’s secure the bag people!!!!💰 💲💲💲
may 1 shib equal 1 dollar one day
dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar
let’s get that bread!! dollars make me wanna holler boo boo!!
shibainu to the moon
the more sollars the more the value of shiba
dolla dolla bills yalllll
i’d be happy with 0.50
yeah ok, good luck.
the dollar likes to be in a pocket until you walk past a claw machine. then the dollar is like, put me in the claw machine. you put the dollar in and once that claw begins it is descent you get a pit in your stomach, you just know that you will not win. you close your eyes waiting for the inevitable. them you hear it, opening your eyes as you reach in and pull out a stuffed plush shiba inu. you have made it. you win. take this win and share alongside the countless legends told through time. shib and the dollar are in symbiosis. the time is here.
causes i'm a tell you like you told me cash rules everything around me singin' dollar dollar bill y'all (dollar, dollar bill y'all) singin' dollar dollar bill y'all (dollar, dollar bill y'all)
dollar dollar this is now a dollar!
dollars $$...and free xxx amateur porn
not if! but when!
me like dollars 😍
all i see is $
will shiba hit one dollar
dollar dollar bills come get herr
lets do it boys !
i need fifty dollar to make you holla i get paid to do the hodl thing
much dollar, such wow
oh come on shibes! you know, i dollar, you dollar, he she me dollll-ar, dollar, dollaring, we'll have thee dollar, dollarama, dollarology, the study of dollar? it's first grade shiba!
well, what about these dollars?
let the millions pour into our banks!
1 shib = 1 dollar
dollar bills, dollars dollar me
got my dollar stack and i'm gonna make it rainnn
im waiting for a drop i need me some more shiba but this is too much worth atm just mentioning this dollar
dollar equals shiba inu someday :-)
should not the image say shiba inu or convey some sort of information to increase brand awareness?
dolla dollar bills y'all. dolla dollar bills.
dollar dolla. 💸 let’s break the internet, . 🐕
dollar make you holler
dolla dolla dolla bill
f you coinbase for being down!
one dollar shiba inu
a zero is coming off today! tomorrow, .01? .10? ????? one whole dollar?!
also it looks like coinbase is down because of the absolute frenzy. it's getting wild!
can i pet that dog!?
i need a dollar
1 dollar = 1 shekel lol
when will everyone sell?
dollar dollar dollar dollar!! 💎🙌
i need dollar, dollar... dollar is what i need.
coinbase closed trading on shib?
anyone else having troubles getting shib from vault to wallet - i’m on my 3rd attempt & no luck?
break the mf internet and hodl!
lets go family, dolars dolars
the day it hits a dollar, you'll find me out fishing everyday after that
why is coinbase down 😭😭
shib to a .00 !!!!
2022. 1 shib =
get yer space suit ready, the space monkey mafia is taking over
join the shiba army!
paris restaurants accepting shiba!
me love dollar bills, me like very much
one life! one coin to rule them all!
1 dollar = 1 shiba inu coin in my world
shiba inu dollar make you hollar!
🤑💰💵💸💲🚀🚀🌕 money to the mooooon!
we on y’all ass doge 😂😂
together we are the biggest whale!
1 shib = 1 dollar (u)
make it rain on me, i have not been this excited for a run up in months!
# shiba inu coin is worth . # shiba inu coin is worth . # shiba inu coin is worth . # shiba inu coin is worth . # shiba inu coin is worth . # shiba inu coin is worth . # shiba inu coin is worth . # shiba inu coin is worth . # shiba inu coin is worth . # shiba inu coin is worth . # shiba inu coin is worth . # shiba inu coin is worth .
# 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib = # 1 shib =
whoop whoop!! it's going sky high!
dolla dolla bill yall
this is amazing! can we do other keywords like: sushi, pizza and pasta? i search that a lot!
make em holla for that dollar...
i got you a dollar...
dolla make me holla 💸💰
so much dollar. much stronger dollar
jeden dolar 🇵🇱 that’s one dollar for my peeps in poland!
the economy is a meme
that’s a good looking dollar
this is worth a dollar.
🖐💎 let us fuckin gooooooo
dollars and the shiba
i'm making made money with shib. it's still not too late. jump on!
another one bites the dust! bye doge!
dollar make me holler honey boo boo child
dollar makes me hollar!!!!!🔥🔥🔥
shib to the moooooooooooon!!!
amazing… took a small sliver of my doge profits and joined the shib army… now shib is the cream of the top and will indeed rise to the top
couldn't make it as a doge man . but i got shib and now i can live man. shib is cheap get it while you can guaranteed to have a better hand. shib is cheap get it while you can till it reaches 1
i got my sacks of shib just need a dollar then i’ll have my own yacht and an island
yooooo throw some dollar on it
hey idiots, what would your market cap be if it hit ?
i like dollars 🚀🚀🚀
dollar. this is a dollar. dollar dollar dollar... did i mentioned dollar ?
gonna hit three fiddy by the ides of march
dollar o0o show me the money 💰
dollar dollar dollar dollar
call me bill. dollar bill.
dollar realty past dogecoin.
shib! 🔥 anybody familiar with akita inu coin?
just got 12m lfg
this is a dollar
worth a dollar soon enough
sounds good to me! he’s such a good puppy! he’s worth every penny!🖖🏼🖖🖖🏻👍🖖🏽🖖🏿🖖🏾🚀🚀🚀🚀🚀🚀🚀🚀
i could go for a dollar
i can’t wait until shib hits a dollar :)
so what are you saying, we should comment here?
show me the shibu!
a penny would be fantastic!
this is some manifestation.
fucking catalina shib mixer
this is gonna be the new dollar
let us go !
imagine 1 dollar. 50 cents would be good enough for me tbh
got a lotta dolla bills
money, gains, diamond, hands, lambo, shibarmy, elon, crypto, bitcoin, ethereum, valhalla, profit, shiba, inu, financial freedom
wow shiba shiba inu 🤣
all the way to a dollar and more!!
cream get the money. dollar dollar bills y’all
i ain’t no dolla back girl!
what's a dollar? is that like a ?
download the shibburnerofficial playlist on spotify and other platforms to effectively burn shib coins. bigger entertainment struck a deal with artists that they will take 20% of royalties earned through the songs on shibburner playlists and buy shib to burn off. they are doing this until shib hits .01!!! currently 1 stream is worth 20 shib coins and most songs are 3-4 minutes long but i found one song that is :40 long which is 2,160 streams in 24 hours which equates to 43,200 shib. so if you have spotify you can burn 43,200 coins per device per day. leave far cry playing on your old devices on silent and we can burn so many shiba coins together. 24 hours of playing far cry is 43,200 shib coins burnt off! i have 3 super old apple devices plugged into .5a chargers so very little energy being used. 3 devices set to burn 129,600 shib coins in 24 hours!
this will happen due to multiple burns - thank you mysterious future burners!
what is the best crypto? why is it shib?
i only made more money on tesla stock. shiba has been great so far!
ok let us go.
wow very interesting crypto! just saw this on my feed
i put that on a cracker!
bucks dollars green currency bills bullion booty gold platinum silver treasure checks chips checks credit cash
that’s worth a dollar for sure
dollar or doll hair
am i supposed to write dollar?
get that shib with the dollars rn
panic sold at 8, realized i’m an idiot and rebought… to the moon
dollar dollar dollar bills for us early shibbies
cash rules everything around me!
i wish i'd bought more. i wanted at least a billion, did not quite get there before the price just went up and out. if i wind up holding the bag after the pump and dump i might buy a little more.
holla for a dolla!
this is a picture of a dollar. this is a comment about a dollar. dollar. dollar. dollar.
building a foundation of dollar bills!
it's about to hit .0001 and will have a market cap of 100billion usd. can it go higher?
knuck till we buck!
shib is one crazy ass coin!
should i spend ?
dollar dollar shib, y'all! we gonna make it, in it for all!
burn more tokens so we can get to 0.1!
dollar dollar yo yen wuan
shib to a dollar, purchase on coinbase or crypto.com
dolla dolla billz yalls
shiba live price update
i’m blown away by this amazing community honestly. i invested a little and i hope i can realize some gains alongside everyone here!!
how do we know the number of people holding shiba inu?
shiba dollar is the way
one dollar 👍. does not sound crazy anymore 😎
dollar make me holler
dollar dollar make me holler
🎶“look mama, i made it to forbes!”🚀
usd dollar come on, one usd dollar we'll reach
crypto, the true democracy.
let’s go! i’m not selling! we have to unite! the shiba union!
if a dollar bill is frozen, is it hard cash?
dollar into fat stacks yo
when the big whales, 🐳 80% of the shib owners decide to sell. shib will collapse, and none of us will be millionaires. but it will be fun to get there. near the shiba inu dollar mark! hoping to be a millionaire, but doubt that it will happen 🙈
shiba coin > dollar
never gonna be a dollar. ever.
shib seo strat, lets go. dollar.
shiba inu looks like good to fight against high inflation countrys.
ah... some good ol' seo ... welp here we go... google shiba inu will it hit 1 dollar? i think it has the potential to hit . obviously, anything is possible. could pigs fly? yes, if you put them on an airplane. gotta think outside the box ;)
this is the type of post that will make us all millions
just started in crypto and went with shiba
let’s goo shib hold that coin please
sream - shiba rules everything around me 💸💸
let's get to it🙌🏽🙌🏽
it does seem that shib is very resilient
dollar dollar bill yo
i’ll bet you a dollar…
so this came up in 16th place when i searched “dollar” so far.
anyone know if upvotes on comments help at all? dollar dollar dollar lol
shiba inu is the new dollar
human greed knows no bounds.
ahh. yes. the dollar. one dollar. a dollar bill. united states dollar
dollar dollar bill yaal
shiba to be listed on kraken tomorrow.
one day, one day we will get there
dollar. dollar. dollar. fuck it, give some leeway, .50
to the moon or just as far as my backyard... get my ass out of poverty! grandpa did not tell me i would be warshipping a dog coin when i got desperate i mean older
dallor dollar. happy happy shiba inu dollar crypto hold hodl holding hodling next
shiba inu at a dollar sounds nice 👌
shiba + dollar = shiballer
how much shib for a dollar my good sirs?
shibu will never ever get to .01, let alone a dollar. theres just absolutely too many of them.
dolla bills yawl. buying more tonight
dollar dollar bill you'll 🤑
dollar dollar bill ya’ll
hell yeah let us make this baby grow
big bucks no whammies big bucks no whammies stop!! shiiiiiiiba!!
when did shibainu hit coinbase? you can now trade it on there
so if i hit big on coinbase, is my best bet to put in usd coin and gradually take out? what’s a safe way to do this? trust me i’m a long way from there!
always here use safe coin’s
i’ll hold past .01 cause everyone is gonna sell... i want to see this go to
dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar dollar
shib now trading on coinbase!
the dollar is worth about 2c pre central bank. if shib reaches 2c, would enough people be over night millionaires and billionaires that the banking system would collapse? think about it.
cash rules everything around me
dollar - i howl at the moon, but never do i plan to stay, for the sky is full of stars - -a howling shiba-
dollar dollar please y’all
want your mind blown? what if shiba inu becomes a world currency and people start to convert their fiat to digital and their choice is shiba inu? what would that mean? 1. we have a strong suspicion that in the future fiat money will be funny money. whims of politics, war and printing out of thin air will cause people to seek alternatives. proof is in growth of total crypto market cap total. 2. other crypto asset classes are like department store credit cards are. way too many of them all crying me me me. shiba inu is like visa or mastercard of early days. it will be liquid, ubiquitous, global and people’s choice powered. we may not need the burn as much as we need to grown army of people, merchants, governments who will accept it as payment. truly massive goal but worthy.
shiba shiba coin y’all
ima gonna hold this till my son is 18 . 98m coins deep . glta!!
hodl for the dollar!
the dip is coming!
y’all bills dollar dollar
guys there is new launchpad for games and metaverse i think they will have token sale soon, twitter profile it looks like the project is just starting saw people talking in thiscord about it they are giving mad contributors benefits for they upcoming sale see something different than the usual meme coin
dollar and a dream
this right here, is 1 dollar.
dollars will be worthless soon but shiba has a future
shiba to 1 dollar 🚀🚀🔥🔥
interacting with the shib dollar
rally in the 2nd quarter!?!? 💰 🚀
i found you a dollar
money me, money now!!
yeet it to the moon
dollar dollar bills y’all
jasmy has a better potential for exploding even more - and it has a space to move - be early!
crypto rules everything around me. truly a timeless piece
cash, money money, for real
! rumor that amazon will accept leash!
dogelon mars (elon) is the new shib! 30x potential easy! petty much impossible it would not at least double when cdc stops limiting how much you can buy!!!!!!!
i grew up on the new york time side...🎶🎶🎶something something
i now have 38 million dollars. let me tell my boss tomorrow.
yes, dollar!! money 💵
now, everyone can fantasize like elon, then get a claim in the starships 😀
bro have you have you ever seen fatal farm's robocop shooting dicks?
"they're the same picture."
yes i am hip i have been watching that also. it is finally making some moves again
have the decency to pause trading for everyone if you cannot get it together per cbp: whoops! we are sorry for the inconvenience, our team is actively working on a solution... so in the meantime i cannot trade. my available trade amount is zero balance? why is this? why do i also see trading occurring while i cannot?
once it hits a dollar
the day it hits a dollar, you won’t find me at all
**dollar is the name of more than 20 currencies. they include the australian dollar, brunei dollar, canadian dollar, hong kong dollar, jamaican dollar, liberian dollar, namibian dollar, new taiwan dollar, new zealand dollar, singapore dollar, united states dollar, and several others.** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(should i die?)]( ^() [^(delete)]( ^() [^(report)]( ^() [^(github)](
nah just some cold cash
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cardano? more like shartano
cream get the crypto dollar dollar shib, y’all
dollar doll hair holla
rumor is that your dumb
right, it undergoes cash freezing.
shibby shibby ya shibby yam shibby yay! 🚀 🚀 💰 💰
buy it on coinbase and watch me take it away
off on a shiba coin charge, bon voyage yeah, from the home of the inus: shiba-squad dogecoin killers, shibs on a swarm dips on yo' fomo-ass, dogecoin gone for you to even sell your doge you gotta have the one killer shib and he am not gonna kill now chop doge down, shibas all around furus get hard, ath to the moon for any shib holder in any 52 states i get psycho fomo like stoolpresidente my crypto wallet slams, coinbase is like damn shib on the stage and never gets down
if what you say is true, the shiba and the wu-tang could be dangerous
sounds like shit rick sanchez would say
wu-tang shib ain’t nuthin to fuck with
sitting on a nice 17 mil. plan on getting some more too
701,271,782 shib and 6.5 billion saitama
i only have 11 million and some change.
73 mil shib 3 bil feg 6 bil babydoge 2 bil kishu 62 mil pig 270k floki i decided i will through .
shib & 50b kishu
reached 10 mill yesterday 💎🙌
im going 10mil+ next week
i dont have much money. so i’m still holding at 5.2 million.
1.7 billion , 33k xrp, 18 billion saitama inu
75million shib + 1.2 billion elon
got 20m. each paycheck i plan on throwing
thinking about getting another 10mill. 20 sounds nice.
rats! only 7 for me.
cool and collected 32 mil in hold , another 3.5 mill sitting on sell to pay for next 4 mil . if i ever sell i make sure i buy back more .
210m shib + 1.2b elon
200 mil since june 2021. havent bought anymore, to not bring up my average. riding the wave! lets moon!
i have exactly 10,000,123 shibs. feels weird and kinda surreal knowing i'm finally at the beginning of something that big.
i’m fucking tired of seeing these posts *upvotes*
only 12 mil here, but growing. when is next dip so i can buy mor?
sitting on 21 million right now, and only gonna keep getting bigger
20 mil right here. 🚀🚀🚀🚀🚀
hell yeah i'm holding- just bought another 10 million!
34 mil and doubling down once my money clears
54 mil elon -21 mil shib
38.4 mill. .00000658 average hodl until i see. 01 before i sell a few a mill
108m here hodling strong
holding 450 million shiba 💎🤲
13 mil for me
160 mil, i'm as all in as i can responsibly be, let's get it this week
12 million. shibs also my very first coin ever bought so i really hope it goes to the moon 🚀🌚
i’m in for the long game.
i bought 12 mil literally right before the bump.
85 million elongate, 11 million safemoon but only 500k shib. i'm amateur
only 3 sadly 🥲
i would’ve had that if crypto didn’t have such a big transfer fee…
10milly… good for you man. seriously! start investing young. some of us are holding down billions of multiple coins and betting on the next bc blowout.
30.5 mil & counting 🔒
i only got 6 mill but i'm trying to double that
right at 10 mil
holding 50 mil. planning to buy more next payday
i’m trying to get to the 100mil mark
damn i’m holding 8m 😔
9.5 million but i’ll like the post anyway :)
is there a way to check the average amount held by any single wallet? :/
only a few hundred billion left in circulation!! good luck selling!
let’s go!!! getting my hashtronaut suit ready.
1.1b. i have no delusions that it’s going to . but realistically, i can see $.001 by may, near hyper-inflation levels. with that, all bets are off. enjoy the ride.
32 million and holding until i’m rich af
i've accumulated 2.518 b. long term holder
48 mil here hodl till we’re lunar
first time i've seen a shiba post. personally got 47,000,000 or so
40 million for me...currently aud ,000 ( approx ) :-)
psa: binanceus just listed shib early this morning
almost 2.5 bil and holding for minimum 3 years
added 23m yesterday. still up. let’s go shiba inu!
downvoted cause i only hold xshib.
113 million and building my elon
downvoting because i hold less. 🧐
breaking news ship might be listed on robinhood tomorrow...at 9am
i’m holding, none of your business🙄
cheap way to get upvotes bro. down vote i his post if you are holding 999,999 or more
6.9 million…. nice 😎
bought another 14m today
waiting for it to touch the moon.
wait, people are buying this? i bought a shitload yesterday because i'm self destructive, know nothing about crypto or investing in general and wanted to do something stupid with all that money i'm not using, and you're telling me that this could have actually been a good idea?
i do not have 10m yet, anyone want to help me get there? thanks. :)
14.7 m that i bought around .000018
42.6m if i can get back into my crypto.com wallet 😅
does this sub actually have a mod or we just gonna keep seeing these shitty ass posts
hi fellow shiba holders, i have created a youtube channel to burn shiba. please subscribe to the youtube channel and watch the videos. all proceeds from this channel will go towards burning shib. [
more than that, im proud and holding !
i bought 10,000,000 shiba so i can upvote this post
85 m here ! and holding !
holding 600 million **get more shiba** [
gonna downvote just because of low effort karma farming
60 mil here 💪
i have a question: i really want to buy more but the price went up about 37% since i bought not so long ago. should i wait for the next dip or should i buy right now? price seems pretty high today compared to the last 3 days.
3m but i up vote anyway
300mil shib +100mil elon
can't upvote all the arrows are pointing down, two i have 20 million and change shiba coins.
currently holding 1.3 million shiba's
i have only 2 million shib
some one send me some 🤣 i only have 500,000 😢
damn, i only got to this train today :( only got 617k for now... cant afford more
nearly 15m. i wanna reach 30m before end of november tho.
2 mil wanted to buy the dip but coinbase was being a hoe☹️
trying to get to 10 milly
16m and growing! can anyone help buying saitama?
1.1b after swapping two eth
36 mil and hold hold hold
520m and working to 1b…….shiba millionaire uploading!!!!!
50mill and a little change
32.5 mil! lez go.
i’m hodlin 100,000,000 bro! just bought 50,000,000 more on the dip!!!
i had 59 mill and sold 90% for a 1000% profit
31.7 mil shib here.
40 mil , next step: buy more shiba, after that: buy more fucking shiba💪🏾💪🏾💪🏾
little over 52 mil and still buying
should i convert my bitcoin to shiba?
over 200 mill here. i will never give up my dawg
1.6 million if i could afford more of a risk i would. little by little i'll get there
120 mil shiba inu
i'm hodl almost 100m shiba inu! go baby goooo!
15 mil and counting
by virtue of rounding to the nearest 10m, i am upvoting with my \*ahem\* 10m shiba.
10,435,000 over here!!!!! holding until 💎💎💎
currently sitting on one quadrillion 😏
500 million and counting
got 47mil but lost all due to scam on shibget.com fock mylife got all of them at 0.27
anything less then you need to reevaluate. 100m here
15 humble mills here, will keep buying, slow and steady 🤑
i have 9.7mil. i updated anyway. are you okay with me rounding up?
im day trading shiba to get 10 000 000 started from 5 000 000
15 mil and hodl strong. used a little bitcoin and tesla profit to buy most of my stash back in may
16 mil here and holding.
i got 13m about 1k worth my buddy dropped 5k into shiba over the weekend
downvote it is then... 755.000 or smth
13 million. paying mortgage off eventually. keep the faith.
54.2 mil, getting more soon when paycheck hits in a few days
holding 48mil at present. going to keep holding. need to get it moving uuupppp😛
if you can buy a million of anything for less than . all the zeros. i own shib but just staying realistic
sittin at 37mill and still buyin the dips
would love to up vote but i got only 8.5 mil,oh well maybe next time
i have 21 million
about 8mil be 10-15 by the end of week not selling nowhere near no time soon
50 billion. i literally can make a chart move with a fraction.
broke so i’m holding 5m. ain’t much but it’s honest work
32mil+ about to lock back up for 3 months
only 1.6 million ._.
89 mil since february 29thhhh
used to have 8 mil till i had to sell fr emergency fund... now i only got 1.7 mil 😭
if it hits 1cent i will quit my job and live my life!
125mil. glad i bought on a whim when it was only 0.000007 as soon as it hit coinbase.
10 million and some change yesssir
9.7m but i gave it an upvote. can't wait to eat a couple of zeros 😎
198,000,777 bought in august
this is a bad idea don’t publicize your holdings
sitting on 235 mil. of shares
125000000 bought around the .000005 mark
10 million paid for 13,000 earned from crypto.com and still earning
i want to add more just before it spikes!
when it dips more i'll buy more
24 mill and counting
i hold 62 million. and quadrillion dust...
125 million lets go shib
me and my husband have 50 mil + together
13 mil and counting
sitting on a cool 70,000,000 worth of shib
100m and counting i just need 0.01
sitting 100mill shiba rn!!!
103 mil and getting more
30 million coins only for now
400 mm here and hodl
we holding strong no matter the amount
only 6 million... i have no idea if i’ll make anything. kind of blindly bought lol
61 mil here and holding
i want to be positive, but i dont think the powers that be will let so many nobodies get reach so easily. ppl got 10 mil 400 mil coins? come on yall
i’ve got 17 million
question is we’ll it get to .21 or what
23mil shib, 2.7mil hoge, 114bil sanshu,
i'm up over 40 million shib
well it looks like a big dip coming are way do we hold or not im sitting on 40 million shib
63m buy the dip!
hodling 1.2b shiba letsgoo
it’s be nice to have a billion shiba rn….
117 mil rn. down on original investment a little bit, but i believe in it as i made 6.5k into 10k in my portfolio by swing trading it after taking profits out of eth. also, there is a lot of big money pumping in that has yet to make a profit, so i doubt that those wallets will sell at this price.
when your to broke and only can afford 3 million 😭
i’m up to 8mil, broke college student so getting there is hard! i just set up my old laptop to mine shib, not the fastest but adding up slowly lol! dm me if you want to know how to mine it, i can help you get started.
21m gonna pick up more
shiba getting listed on gemini
better buy now before it takes off tomorrow.
i believe that the chinese are pushing the crypto markets down in order to gain a better position for when they go to the moon.
shiba inu has much more potential 🚀 anyone that says to expect a price drop, are those that don’t own any ’t want us to make millions more please upvote if you agree 👍
shhhhhhhiiiiiiibbbbbaaaaa arrrrmmmeeeee let’s do this and become the new amc apes!!!!!! all the way to the planet mars!!!!
i'm only at 9,000,000 i might make it 10 though.
i’m still holding about 150 million.
11.5 mil too the moon
34 million! pump it!
21 mil and hodl. buy the dips
21 mill and counting
9.8mil just need a tiny bit more.
125m is that enough?
just picked up another 5 mil
sitting on 13 million … because why not ?
you guys shouldn’t play with million you need atleast 3billion so that way you can make money with any altcoin
i’m holding more than 3 mil does that count? i could buy more now
i’m a little over 16 million coins 16,596,502.99xxxxxx to be exact 🚀🌕
can confirm upvoted and have 10,000,000+ shib hodl
same. gonna drop some money once i get paid. i wish you all and myself the best profits!
got 32 mil, and purchased a year ago😁
almost made it - 800m here
what is your average buy in price?
noice! 125mil here, staked and ready to 🌝!
gosh dang it, i'm slacking at my 9.7m. gotta dump some more cash in when i can!
i’m at 2.1 million. waiting to get paid to buy more. what is 1b? ?
i been trying to get saitama on my coinbase and using uniswap on my coinbase wallet app but it just do not want to go through for nothing i need help
are you confident about saitama? i get a strange feeling about it
how to buy saitama? i am coinbase user.
how can i buy saitama?
i have almost 30billion saitama. i hope it goes up! i also have almost a trillion shibaken for only ’t know anything about it. it’s purely a risk but it’s super cheap.
memes aside, should i buy saitama?
only 11 million and some change gang rise up
right here with that 11 million and some change!
i have 11 million and change of shiba and 65 million elon
20 mil gang rise
what platform did you use to buy kishu?
bruh. yup it to (finding a spot to buy half of em is the hard part). i can attest to 1k% gains monthly.
check out kuro shiba, a token for a nft based game coming to the harmony network.
no hoge? you’re sleeping
753 m sh 1.5 m dog 21 bc
where did you buy floki
what can you share about kishu? might jump in as well. thanks!!👊🏻👊🏻👊🏻
i'm about the same, but was your buy price?
>i dont have much money ...yet.
yet. you do not have much money yet. good things will come.
just wait until muskrat inu hits the market! gotta get that musk
thinking exactly the same thing. sold 4 bitcoin for . not gonna make that mistake again.
haha people should downvote if they do not have the amount they say to upvote for haha.
exactly. fucking karma whores.
how much did all of it cost?
same figure, same with it being my first coin. in it for the long game.
you can fix that ya know
your still appreciated but down vote if you fee the need. every holder matters
where are you hearing about rh listing shiba in the am?🤔.
no worries, still a lot of room for it to moon, up 16% today
it's a no vote november for me
buy in price was .000008
any help would be nice!
damn my dude. respects.
wait you purchased shib a year ago??
at least one shiba
might need to adjust the sliperage tolerance. i also have to use uniswap on my macbook. i cannot do it with coinbase wallet us dapps.
they are all chinese shitcoins
did you ever hear about dogelon mars thats legit and cheap now
uniswap. open tradingview, type in the name of the coin and see the exchange it shows
they have tutorials on youtube
i’ve been trying to buy it for a week and i’m lucky that i’m too stupid to figure it out since it’s price action has collapsed, but i’m still interested in kishu, floki, elon and babydoge. i guess eventually lll figure it out. any ideas?
i got kishu as well. heard it’s the next coin to come up, but it’s a long term investment. 1 year or more
without a doubt this
200,000,000 spread out in the .000007 range. another 20,000,000 recently.
yep same here! had a dream this morning that it sky-rocketed. woke up so thisappointed. haha though maybe i was having a premonition 🤔
how are the transfer fees there? i like to throw all my crypto into trust wallet
imagine using text emotes in 2021
i did through coinbase wallet and uniswap defi worked for me, but i had to adjust the slippage for sure. it took a bit of trying.
what is uniswap? do i use their online browser to purchase the coin
ah, i got in about .000026
it's a bot chief
**uniswap is a decentralized finance protocol that is used to exchange cryptocurrencies. uniswap is also the name of the company that initially built the uniswap protocol.** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(delete)]( ^() [^(report)]( ^() [^(github)](
same it was sitting down there for a few weeks too i’m glad i held
who would have guessed how important the number zero is.
that’s 10 g’s homie and we need proof
remember to burn .50c of shiba per upvote too!
so where’s your proof karma bitch?
it’s at 810 now, so ,000 🚀🌕
why do people post shit like this and be all 🧢 smh go drop that 15k and show it then!
i got one for you dude
if we can get robinhood to list shiba inu more people will be able to access the coin and deplete the supply faster, then drive the price up. sign the change petition (almost at 400k signatures): then email robinhood to list it!
we want proof bro!!!!
oh god no you fucked up man😂
we need a ban if op does not deliver. extreme karma grab attempt
i put in 500. no upvotes needed.
do it for jonny
i cant find it in wallstreetonline, can somebody help me?😅
if you did not buy then you maybe the worse of this community.
26k , cough it up pal!!!!
as of right now, it looks like you currently have 3305 upvotes. 3305x= you owe the community 'proof' that you bought . we'll wait for your next post. did you not have that kind of dough?
shut up and invest
?… whoa big spender 🤑
make it happen bruv!
wish i had that much already! is there anything i can do to get more shib besides buy it? like games or giveaways from people that have billions?
investors are selling it after peak fall, within hour. drives me crazy. i wish you and the rest of us the best.
can you spare some for someone who lost about 14 mil trying to swap from crypto.com?? 😂
here we go...its going to skyrocket now.
i hope your not capping cause you got about ,220 racked up already lmao. do it!
so you put ? would that ? like 10k , 50k 100k and so on? people with less get more? idk just brainstorming!! it’s good your doing it though but your doing it for the upvotes not the money! your making money too by doing it. how about helping people that need shib and they upvote you?
.00 shibs . i’ll upvote you for that! lol and if others join in like the top 20 holders then that would add up, then on a dip we all buy and do it again? anyone like that idea ?
now if you gave ten gs in shiba out to everyone that upvoted you wouldn’t that be better? and then other people that like what you did would do it to and start a trend for this group ! i think that is more benificial then you getting 1k upvoted and making money on 10k you would have put in anyway!
if i put shiba on my trust wallet will it count that i burns tham
shiba team building its own blockchain most likely
should i buy now or should i wait for dip?
you better show us that pic. it's 12.700! xd
send it to my dead wallet 💀 😄
nice i do 100.
i hope you got deep pockets my man :d
i open up reddit to see this at the top of my custom feed and it sitting at 1904 upvotes and all i can think is " that's a lot of damage!" good luck good sir, i wish you the best in this investment.
here is your upvote
so do you lose your money if you burn coins? like i spend 10’m out 10$?
keep pushing, break the wall
i would have voted if you burn 10 dollar shiba
, proof or ban.
i just joined the cult
you so full of shib . proof or i’m killing this bowl or cereal w no milk 🥛 ❌
have fun dumping 3k xd
go get a loan buddy
i'll be lucky if i can even fukkin comment without a bot deleting my stuff. fukkin ai beech.
you should have made it 5 cents. now go sell your r-sole.
what time tomorrow will people invest? people are asking at etoro.
so if someone burns the coin - do they still have it and is it still of value?
god damn bro i was coming up on some bread and a bunch of paper hands pulled out smh got me fffff uppppp
let's see the new screenshot?
very cool. i follow u
up to ,000 - and good timing with the dip! looking forward to the screenshot and your lambs pics when we hit $.05!
i think you made a grave error in taunting us! congrats on your ,744 investment giving your wallet a great 1000% increase!
the real question is, how much are you going to burn?
looks like you're a little shy of . good spirits my man :)
just do doge…. stop trying to make another shit coin happen. all it’s doing is making the shit coins more shit
this is you dip. if your not buying do not ask again lol
bruh, just watch **shiba** so you feel rich! i do the same
please anyone can explain, what does burning mean?
maybe it will become 5.8 billion...
they post shit like this because people keep upvoting it. honestly i feel like there should be a rule in this and every sub against asking for upvotes.
signed! this could be huge!
google the biggest hole in the world.
matthew west, manthisa, jonny diaz, casting crowns. all the time, man. the lds music culture is ok for a little while, but then i need something different. i cannot do motab for hours, ya know?
you gotta wait a bit. jizz takes a while. a girl told me that.
that’s what i’m wondering too 🤔
i desire thy not capping cause thee did get about ,220 rack'd up already lmao. doth t! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
idk, i know burning is important but how much are you burning and how do you do it?
yes. once they’re burned, they’re out of circulation for good.
“not here to shill” and then immediately shills another crypto...
it means to take the coins and deposit them in an inaccessible wallet essentially destroying or 'burning' them, by completely removing them from the market. it reduces the overall supply of the coin, which makes it 'rarer' in a sense and worth more as demand increases. there's an absolute ton of shiba, so for the value to truly skyrocket, a lot of it needs to be burned.
💎🙌you have two sons, way too many mouth to feed. one of them dies, now what you left with you have to take extra care of him. did that explain it well? with shib you can make enough to feed two mouths 🤣
not all of us can do it that is what separates us
as an ex-mormon i am very curious as to what you are talking about.
lol well if you find a way let me know! i have seen people giving like 1000 shibs to people that upvoted them or something. guess it just takes a person that’s already rich to give back to the community and share the wealth! i bet there’s a lot on this page that are in the position to give to the little guys and ladies to change their lives too ! or anyone with over 50 million to donate to the late comers ! shit if i didn’t live in ny i’d be one of them and i’d do it just cuz i could!
just saying i own shib just if you want extra gains sorry
so people just spend money to buy coins and then burn them? it sounds stupid. i hope it isn’t.
yep, everyone needs to do their part... a lot of shib has already been burnt to get us to where we are now, so we need to continue sending shib to one of the burn addresses...
ok, i’m in just for the laughs. how do i start?
i burned 1, after this weekened im burning 1. never sold so far, we are in this ride together. becoming a good whale for the team 🚀
there are some spotify, been playing one non-stop for 3 days! :d
i wish i was one of those rich people to give back to the shiba community. i’ll be waiting for another dip in hopes i can buy more for a low price
for anyone feeling generous!! actually we should pick a giving day . donate some shib on a certain day of the week to people that need more and a buying day to put some back into the shib universe which would help everyone! after all that is why we are here right? to become wealthy together and as a community! some just got in earlier or have are in a better position to buy a lot more then others! like when i see a post of someone that already has 20 million dollars and i’m on the side thinkin i wish i had 20 thousand dollars! just a thought! upvote if you wanna try something out or like the idea!!
my shib address to kick things off if anyone wants to figure out a way to make it happen! i got a few ideas!
there's another way. 1. play the burn playlist here: [ 2. stake.
well the idea is to improve overall profits. the developers of shiba inu programmed it to automatically burn over time without intervention, but people can of course take it into their own hands to speed up the process if they so choose.
not when you factor in that there is a quadrillion shiba tokens. that's 1000 trillion if i'm not mistaken.
by increasing rarity it increases value.
i hear you but as it is now you would need thousands to get a million dollars if it came close to a penny. i know i don’t have that to put in but others have already made millions because they got in 3 weeks earlier or 2 months. bottom line is we all wanna be wealthy but 3 weeks ago you needed under 1k to do that and now you need a lot more then that and most can’t afford it, but we see it every time we go onto one of the shib sites, not just this. some iv gone on there all working together and sharing the wealth which happened over a few months. are there people in here willing to give to the others that don’t have much ? if there are then we could make a game out of it or something to do that would earn you shibs from the lucky people who are millionaires right now! just this pump today changed a lot of lives.
what happened? you say you were? as in not anymore? if you are still lmk !!! sharing is caring and isn’t what this community stuff is about? to get wealthy together!
this is the best explanation i have seen so far.
moderator should pin this comment as a post on this subreddit. u u
what if i just buy them in an accessible wallet and never sell them? is that the same as putting them in an inaccessible wallet?
thanks for that! you get an award for a super easy to understand explanation!
so what happens if i burn all my coins? do i lose all my money i put in?
so you burn half your coins and it doubles the price... but you have half the coins you had so it does not change much. someone clarify
would need to burn 99.99% literaly can we even do this
my playlist is going on my desktop 20 hours a day ; ) when i started using playlist last week it had 1200 likes or something. now it is 13,000.
doesn’t this have a maximum burn limit thought?
does that mean less shib will be available to buy as more gets burned? i’m still a newbie
just burn 999 trillion bro when lambo
no i’m saying if i got in earlier and had millions or billions of dollars already from just that going up so quickly it would be kinda like winning the lotto. rich people donate to the less fortunate everyday with money they worked years to get but say 200 people in tbis group got in at bottom and are filthy rich already as they have posted on shib platforms. then theguy that lives in ny couldn’t put a few hundred in cuz of bit license lost out on becoming a millionaire in a week and doesn’t even have 100 mill yet. yea i would airdrop or send some shibs to his wallet because i’d have more then enough to help and isn’t this what this group and ever other one is about, helping people become rich together? not a few then flaunting it in other peoples faces cuz they had to wait till pay day and missed the jump up that made millionaires. thafs what i thought this was all about? or is it just another form to get people to spend there savings on a coin that’s hyped up like doge was then the first 100 people with billions to pull out and it plummets losing millions of people money. we are trying not to have the mentality of wall street and give everyone here a chance to change their life. i wouldn’t hasitat to throw a dog a bone if i had a pile of them ! that’s just me. maybe you are diff. idk .
how am i soliciting coins?
yes, because without coins you do not have money. because the coins are the omoney.
yes, it decreases the circulating supply. it is no longer available or tangible.
i think i like your money brain
this is true if their where no other contributing factors but there always is you would actualy lose out in this as you cant control market awareness which is where the demand comes from plus whales will allways sell at some point and this will override you little math prediction
is there a cap on the circulating supply? it feels endless right now
your on the right track tho supply and demand and thinking of max suppliy vs supply in circulation but what we need is awareness shiba inu isnt listed on many popular exchange dont forget the max supply is just under 5 billion not 50 mill
there is an overall cap, which is over 1 quadrillion. if every single coin were to be mined up, it would be worth nothing, because that amount would be absolutely flooding. but by burning, that overall cap goes down slowly over time, so that it isnt worth nothing. that being said, there is so damn much of it, that the value of the coin is a battle between miners and suppliers. people will mine it because they can make money, but by mining it, they increase circulating supply and therefore reduce the price. the only true way to make the coin more valuable is by reducing the overall supply, hence burning.
a reverse split in the equities market. but instead of it being announced by the corporation, it is done by the people. it's a a very good inflation hedge. burning does 2 things... (just micro a d macro econ basics applied here): a- it decreases supply and if prices continue to rise per coin, it increases demand. this causes price increase. b- at the same time, a reverse split or forced token price increase can decrease demand because the price per toke increases. however, if the product is used as a "hedge" or "perceived as under value compared to its return on investment," the price may increase due to the chance of interest occruing. z- if you combine the two basic charts in econ showing this, you have a linear line straight up or diagonaly up in terms of money on y axis and time on x axis. this is basic econ. i highly suggest buying a micro and macro econ book on amazon... anywhere from 2012 forward is fairly current and follows all economic principles. i get there are a lot of factors... but strictly from a econ standpoint. learning that the top 1% of investors hold +3m bitcoin... means big investors are hedging actual markets. on a side note, i did a study of investing 1,000,000 usd into all currencies all equal weight. what is odd is that after 2-3 years, without rebalancing, the end profit was positive. crypto provides a decentralized currency that as people buy in, your interest and value increases. therefore, again, it fights inflation. crypto was made to fight future financial problems. i'm a smooth brain and smoke a tonoccurring. i am increasing a position, but bailing after the next 0 is punched out. no way a crypto can be worth 35x apple or tesla or amazon.
> over 1 quadrillion. not over. exactly 1q.
from what i have found you cant mine shiba but miners can be paid in shiba.
all shiba already exists out there. most people who are "mining shiba" are mining another coin then buying.
just came back to say... i made 10 comments on different fb groups about shiba and did a post in another group! 🚀🙌🏽 op edit your post with this, i think some people were turned off on how he’s it was to buy... we can now proudly say. -shiba is listed and you can buy on crypto.con -shiba swap coming in a couple weeks -shiba is still low and a low investment will turn into huge gains
let try to make this community the best community ever😎hodl together boissss... we're going to the moon
tweet elon to get a comment
70 mil here, let’s get this coin the mooooon!
if you have friends with "influence" tell them about shiba. need to get the word out even more!
10 m here, let us wait till it gets more traction
i guess we are either future millionaires or future memes
what over 48million shibs... hodl hodl hodl
buy shiba and other crypto merchanthise. etsy shops have shiba, safemoon, dogecoin, hodl, diamond hands, etc in t-shirts, mugs, car decals, and baby clothes. let's support the people that are trying to promote us! edit:
shiba inu to the moon 🌙🦾
shouldn’t this community just join r
i have 663.796 coins, but it is extremely unlikely that shib ever comes close to 0.01. the market cap would need to increase to a value multiple times higher than the current bitcoin market cap
attention shiba , how to increase 1. search, like and follow creators who use hashtags , you signal creators to make more of that content 2. hodl - you got this, diamond hands. 3. inform people of when shib is on sale. demand increases the value, we must create the demand. 4. buy the dip 5. attention draw! brag about your gains to any outlet media. rags to riches stories like the new shiba millionaires would 🚀 our investments we must create the result we desire. this is the way. shhhhhiiiiiiiba
i just bought . gave all my lite coin, ethan and some bit coin. i'm going in all the way!!!
71 mill bought 20 mill more yesterday buying more in a couple days!!! buy buy buy!!!
20mil here, will add some in future 🚀
i literally just upvoted all comments! (except for dumb comments 😅)
maybe its good idea to get shiba owners involved?
i have little over 86,000,000 shiba. average cost about .000021. i'm holding for at least 1 to years. i have no doubt that this will be a very common coin when more exchanges list it and bow to the will of the people and start trading it. looking for approx. .01 to .05 within this year... let's see... but in the mean time hold... hold... hold...
i have 23.000.000 shiba and i love shiba.
17mill over here and i will keep adding until i hit 50mill
i got in when it was at the highest. but i’m holding 2.5 million coins
i am now the owner of 4,000,000 shib!
i got 1.1m token, definitely not a lot but i’m in for long run
40m .000022 and buy more every week. long hodl
i'm made recommendations to my friends and they bay more like 45000000 🙏🚀
over 11000000 on me 🚀🚀🚀
i have over 600k ...
24 million shiba holder!!!! i believe this will go up x100!!!
not to be that guy but i want my community informed because im balls deep in shib like much of you and [this]( is important to know
when shiba gonna hit , i'm going to sell 0.01% of what i'm holding and will buy new truck - dodge ram. obviosly i will rename it to doge ram!
hundred million and holding
377,000,000 shiba 🙏🏼 lambo next week 😂
my husband has 1b shibs!!! waiting on 0.005 or 0.01 😁
i am holding but i think the coin itself or the coin millionaires should be fronting thr pr campaign
shiba is listed and you can buy on crypto.com shibaswap coming in a couple of weeks shiba is still low - and a low investment - will turn into huge gains!
your word is spreading guys do not worry, just picked up my first 2 mill. small potatoes but i'll pick up more !! do my best to do my part! goodluck everyone!!
donated to a twitch streamer and told him he should invest in shiba while it is still low he made fun of crypto in general but i'm pretty sure a lot of the viewers will take my advice
got 7,777,777 last week to the 🌙
all we gotta do is hold the coin and chill, team! it’s gonna be okay :)
6m here, let’s go
almost 800m tokens . general ⭐ to report ! the only way : holdin' strongly and tight ! i would not give you up, soldiers ! no ways ! i got your back ! come on, shibaswap !
i have 2 million. and if bitforext got their shit together i'd buy more
78,000,000 and adding on these dips staying focused and holding strong!!
just bought 37 million
yea i have 11 million coins still holding only down 50$
i'm holding 15,000,000 but this is not going to be a wake up tomorrow as millionaires investment. probably going to take several years to see significant growth.
14 ms deep 🔥💯
i have over 200,000,000.00 mill in shiba now. bought it on the dip, dip, dip...gonna hold it for a couple of years...win or loose, gonna ride it till the wheels fall off
let's just say i just need it to go up a tiny bit.
ho acquistato 500k di shiba inu.
i can’t get into my bitmart account i’m losing it!!!!!!! there not responding fast enough i sent all my info in one email to only get a fukin bot message!!!
should i buy shiba???
good word brother. very true! gotta get hyped on this and not stop!
people on twitter be talking big shit for mentioning shiba
role call: how much do u all have currently? iv got 32,313,131 shares. holding on strong. hoping🤞🏽🤞🏽🤞🏽 it hits .05. thats when its multi million dollar territory for me. inshallah, (god willing).
will hold till the end
i just got some shiba
i'm brand new and only got 107k shiba as it costed 60 in eth...so like how does one buy and not get owned on fees? not sure if i even wanna try again at this point 🤔...help?
holding 25m strong & i will absolutely not sell. lets go
i am very confused about this shibaswap and what if anything i'm suppose to do with mine held on crypto.com. is there anyone who can explain this as if i was a 5 year old?
to the freaking moon, boys and girls!
this shib shit needs to pay off! tired of working for crap bosses. 110mil and climbing with diamond hands.
shiba is a bad coin atm, people just lose money cuz india is sucking money out of it slowly
i’ll be honest i’m not doing any of that. i’m trying to get rich easily not have another job.
if you sell, ya mom gay
i agree. i just hope we can all make a few $$'s on this one. i bought right before the last pump. would be nice if it went up an stayed up.
is crypto.com a good place to get shiba inu? i have 21 mil and read that you cannot cash out your money if you were to sell. its in a bitcoin wallet for some reason. help please
if it gets to .01 what makes you think it will stay at that rate for even 2 hours?? people will dump, so much hype to pump and dump…. incould be wrong
people:- oh new coin at dirt cheap rate let us buy 50k-20m. never do this bs
currently sitting on 4,500,000 at the moment 🥴
2,8 mill. to the moooon
where can you buy?
holding 150mil shiba ftw 🙌
lets take it to .01!!!!!!!!!
i'm glad you didnt post "to the moooooon" lol i hate that phrase to mainstream we should be aiming for another universe! i've been telling everyone i know to buy buy buy! lol i got like 15 ppl to get millions so far i just wanna forget about it and open it in a year and be like ohhhh shiiiii!! i'm a millionaire! but yes i've been trying to help the cause ! lol shibbbyyyyysssss!
5,100,666.05 here. looking to drop atleast 500 over the next month or two.
we should start pumping the shiba inu coin...up,up...
just buy doge. dumb ducks
i have bep20 shiba...have to figure out how to get it to register price in my tw.
92 million ova here!
where can i get in & buy shiba inu
27 mill with no intention of ever dumping
150,000,000 here shiba to pluto 🐕🐕🐕🐕
150,000,000 here and imma double up toward the end of the month! shiba 🚀🚀🚀🚀🚀
i have 1,000,000 we all got places to see people to do!!
26,000,000 here and looking to add more , please keep buying and holding strong to make it next dogecoin to the moon!
holding 2 millions to the moon 🌚 🚀
i was kicked out for the telegram group for click on massive boobs pic. damm i think virginity is strong there 🤣🤣🤣🤣🤣🤣🤣🤣🤣
70 million share club here. one day, one day.
lmao you guys are crazy
268,000,000 been here since early march💪
24m holding strong!! gonna buy another 24 this week
20 m bought at ath... i know. don’t come at me lol
why cannot i create a post in this group? i can only comment on others. is there a waiting period?
we need a big campaign going culminating to the real shiba inu day of november 1st.
got 10 million, let us get this coin to the stars baby.
i’m holding but damn. lol
5.5 mil let’s gooooo
i have 3 coins i've bought in. shiba is the majority but cardano and vet to even out the spill just in case. i'm in for 5k across all 3. plus the everyday ownership of eth and btc but those are my grandfather coins. basically never really look at those as they are 25 year investments. hopefully i do not catch any bs for typing those other coins names in the thread. just adding that diversity is the key. shiba to the moon!!!
2.5 mil and holding
i have 400,000,000 shiba and i am holding for at least a year
i figured it was time for this amc ape to branch out from his tree a little bit so i bought a few million 🤭😅
56,000,000. all from other cryptocurrency profit
27 and hodl lets write economic history!!‘
added 5million more guys 💪shiba is new life
i buy dip everyday till moon
i added 20million more today,now total 300millions.
just bought 10mill more this morning! have to make up the losses of my dumb calls last week! shib forever !!!!!
100,000,000 here! buying on the dips! no fud for me!!!
how can one purchase if in united states i tried uniswap but purchase didn’t get to my wallet ?
finally figured out how to purchase, i’m investing every other week from now on 🙌🏽🐕🚀🚀🚀
21 mil over here
up to 100m here
up up up 🆙🆙🆙🆙🆙🆙🆙
if doge can go to .65 why can’t shib?
sit and forget boys and girls… we got this …
safe to say shiba to the moon
60 000 000 and holding.
which wallet should i use to purchase shiba? i live outside the us. any help would be appreciated. thanks
a humble amount 24,500,000 coins if it goes to $.01 that would be sweet
every investor of shib should send . if we did this once every month we'd burn atleast a couple million coins a month. scratch that million. if we got just 29k followers from the shib family channels to do this we could burn 19billion coins. now of some of the larger channels spread this with their followers the largest falling for shib on channel i saw was about 70k we would burn 40 billion coins in a month you think of what would happen then? any ideas guys. am i wrong is this a bad idea. yeah we got a few trillion to burn but 40 billion burned once a month could burn some zeros of the coin for sure.
just added cool 500,000 to my stash 😎
200m shib here and 3.4k bone
so how rich are you guys now?
369 million shibbas 👌🏽😉
i had over 420milll shibs, dumped half to pay off my car. now hodl 220million shibs, thinking about getting back my investment...
⚡️ hard to invest in ny ! any suggestions?? ⚡️ currently 8m looking for more!
🚀🚀🚀🚀🚀🚀🚀🚀next 100x 🚀🚀🚀🚀🚀🚀🚀🚀🚀 👉 .100k to the aspca! let's make a change together! 👉5% liquidity pool + 5% automictic farming +2% donation fund as a community over telegram and other social networks we will choose what non-profit to bless with a donation. the first non-profit has been chosen by the team. we love and support the aspca and love animals in general. we hope you are happy knowing this is not a pump and dump. we are here to make a difference, together we are strong! the aspca is a national leader in animal rescue and protection, working tirelessly to put an end to animal abuse and neglect. as an aspca guardian, you can fight cruelty and give animals nationwide a second chance at life. “the american society for the prevention of cruelty to animals® works to save animals from dogfighting, puppy mills, hoarding and other cruelty situations. we provide animals medical care and behavioral rehabilitation, and help thousands of animals find loving homes every year. we respond to emergencies when thisaster strikes, and fight for stronger laws to protect animals. when you become an aspca guardian, your regular monthly gift allows us to spend less time fundraising—and more time saving lives.” –aspcaamerican society for the prevention of cruelty to animals 👉aspca donation goal: ,000 👉video update from dev: 👉telegram: 👉website: 👉presale: dxsale - 👉
230 mil go kill the doge
wow what has become of reddit. this is a joke
how you buy shib coin?
remember that you are all important. if you own it, you matter. this is now a cultural movement involving people around the world. we are hodlr's and we will rise together.
we gonna hold till we struck gold
go shiba!! we're rooting for you!! to the moon alice!!!
i read recently that someone "destroyed" 41% of the coins. anybody know if there is any truth to this? i'm new to the crypto game and currently own approximately 6mil coins
hold! buy the dip!
i am holding right now
bought: 65m 3000 100m 100m reinforced my first ticket to the moon 🚀🌝🥳
how can i burn 🔥 my shiba?
i have 1 bullion of them!
25 mio added:) and i do not know how much my wife keeping
8.2 mil here let us gooooo
lets get rich babby
meek mill is going to buy
1.3 million . but its important that bcz it was my ever first coin that i have bought in my life bcz of friend recommended . i just want to hold till that its higher upto 5 or 10 years 😁
120000000 here for long time
i am now a shiba millionaire. 10,000,000 baby!
general reporting for duty.
i have 73 million 😉
got my 12m shiba!!! now let us get moving!!!!
i have 200million and buying another 100milliin tomorrow
where are you guys going to check the price of shib? i'm in coinbase. just bought 2 mil, although i have no clue on how to check my average. also, why does not this move like any other crypto. noticed shib changes on minutes on the crypto app. or that just may be me.
i actually just threw up. i'm sorry.
who killed my shib 😪😪😪
where do i buy
good news, bad news, & unbias news, im going to say it again, attention is the best way to get results. stop crying about short term loses and hold (spelled correctly, so you can look it up). we will not all be driving lambos tomorrow. but if you invest wisely and have a strategy, you will have larger gains than traditional markets. real hodlrs will be driving lambos and teslas.
our numbers are getting stronger with online presence. shibainucoin is growing all the time.
shib is about to rise.
nice rally, more to come. stay strong shib army. 💋
contact your crypto provider's support.
tonight is the time to buy, strong-hold monday 💪 🙌 💎
i know little to nothing about crypto… how would this coin go to a penny being as low is it is now and having trillions of coins out there and a market can just above what it is right now… any knowledge on this would be appreciated
over 4 million here!!
shiba is ded .10 people take all the shiba money
someone can paypal me 5 bucks to buy some more shiba pls? any amount is much apriciated. yrnrebibali24.com
if you have any shiba right now, fucking sell it 😂 made some good money as i got in early. anyone that kept holding is hilarious
50m here!!! to the moon!!
starting with 8m now 11m
27 mil here hodl
jumped in at 25 million! hoping for the best for us all!
shibaswap is being ran tomorrow. stay on top of it. you’re supposed to be able to turn in shib tokens for bone tokens on that exchange. excited!
props to you. that's the way.
let's do it ! ain't givin' up ! 💎
wow. good for you. here's hoping it hits
either way your remembered.
what would happen if we rallied together and burned ? that is 637 tokens approximately per
unless vb burn a lot of tokens
what would happen if we rallied together and burned ? that is 637k tokens approximately per
how much worth in dollar or euro ?
oh wow. so you have a few trillion shiba then? or you have 100,000 shiba?
sorry to say you might be reaching for .01 let us start with getting rid of one 0 b4 we get ahead of ourselves
so you're hoping this coin will hit a market cap of 3.7 - 18.5 trillion dollars? right...
same ! but i got 89 mil, hodl
please share some brother
don’t sign the prenup 😂
i currently do not know enough to explain shiba swap. i just use crypto.com, because it is what works for me. i am looking more into other ways, and looking forward to reading more about it. i do hope someone will share with us all. thanks for your post.
shib will not be .01 anytime soon but it has the potential to grow fast. im not dumping, infact im holding. when it grows i may sell a small percentage, but i know how to grow money, not just up root the whole plant... everyone has the freedom to do what they want but it comes with consequences. just because its the wild west right now does not mean we have to act like outlaws.
buy now, dont sell, look at it a year from now, you will be happy. jump to 10yrs investing, we will be sipping cocktails on the moon. having this attitude now, will cultivate the rise of your investments for tomorrow. the more exposure we get the better, good or bad.
you can buy at crypto.com, please use my referral link. use my referral link to sign up for crypto.com and we both get :)
strategy is to start. great job
absolutely 💯💯💯💯💯 and thats what it takes.
right now is the beginning of a much larger gains.
no judgment, only support.
absolutely 💯 let us make it happen. ideas 💡?
i know, ready for some gains and stop losing. the market took alot of hits recently, but the opportunity to invest is here. the largest gains come from the highest risk.
thanks for your reply. diversify!
i dont know about "uniswap" but know crypto.com works. atleast in my experience.
awesome, please continue to share your experiences!
i love these testimonials
why kill doge? why not rise with it?
**hrmmm going to buy, meek mill is.** *-outrageous-tax-8712* *** ^(commands: 'opt out', 'delete')
disgusting. too much information...
dont cry my guy. its going to be ok. growth hurts, just hodl.
use my referral link to sign up for crypto.com im not bias, if anyone else has any suggestions, feel free to respond.
shib is clearly not for everyone. but thanks for your energy. whether you like it or not, your still contributing. please keep bringing out the trash with you.
that’s where i stand
i have 4,000,0000 also shiba to the moon
how you know shibaswap releasing tomorrow? any official source?
can you explain shibaswap is it going to be on crypto.com or is it it’s own platform i can’t get my head around it
i think you guys should know [this](
source for shibaswap being ran tomorrow?
i don’t know what this means
what are bone tokens? sorry cannot search as i'm literally about to step on a water slide with the jrs.
what would happen if we rallied together and burned ? that is 637 tokens approximately per .
supposedly he did burn 40% already so price should be going up now
bitcoin has a market cap of 736 b€. shib has a market cap of 5.1b € 0.00001327 €. to make shib reach **0,0001 €**, the market cap would need to increase to 39,2 b €. to make shib reach **0,001 €**, the market cap would need to increase to 392 b €. to make shib reach **0,010 €**, the market cap would need to increase to 3925 b €. to make shib reach **0,100 €**, the market cap would need to increase to 39250 b €. to make shib reach **1 €**, the market cap would need to increase to 392 548 b €. you can calculate it with my script: [
never going to happen.
unless they burn a fuck load of the coins.
i guess so…. nothing to stop that really
yeah i'm 7 months new to crypto and even i know .01 is not feasible without everything else like bitcoin and ethereum blowing up 10 fold from their current price lol
how much worth in euro ?
please share bro i can’t afford to buy
only if 80%of hdlers had your mentality…
oh no, i totally agree! i'm in it for the long run man! mostly with everything i've invested in. thanks for the advice too, let us make this community rich! have a good day ! well be cheering some mamosas in our astronaut gear in a couple years, next to our inground pools! lol
i must be missing something.
pay no attention to the toxic ones look pass them like squares on a sidewalk
this one is better. sorry for previous one
it is on crypto 😎
even better. short and to the point
sorry for previous vid. this one is better!
just saw the article. this is great news. the effective supply cannot be more than 90tn tokens. now, 0.001 seems more realistic in few years.
well being that burns have gone from under 100. per day to over a 100 burn transactions. we are making progress.
what does it mean to burn a coin??
so shiba could possibly blow up after decades
what would happen if we rallied together and burned ? that is 637 tokens approximately per ?
very true. i only want to inspire that culture to grow it to 80%.
absolutely 💯 if you cannot visualize your dreams, they wont become reality. the attitude and energy you have brought to the table, i want to be an example of the culture we are creating for our coin. we keep 👷‍♂️ 👷‍♀️building and upholding our values, shiba will rise. the sooner we find more ways to use it, the faster it will grow. i only can coach people to do what we need them to, that is, stop messing around and start bringing up your investments and interests in crypto currency to those who would not normally think about crypto. the sooner we normalize crypto, the sooner investors make millions. if your buying crypto right now, you are a pioneer to the future generations that will have uses for it in everyday life. please keep up the great work and have an amazing day.
i agree with you, i just wanna try to understand why they’re choosing evil over do only good every day. it’s super sad. but ayyy i hodl doge and shiba! to the moon! 💯💯🔥🔥🚀🚀🐶🐶
where coins are moved to wallets that no-one is in control of do they cannot be sold or moved again and effectively do not exist anymore.
once i'm able to i was gonna get myself 30 or 40 million to see where it goes. i'm not expecting anything crazy to happen but if something does, i'll be happily wrong haha
where did you buy yours from?
200mill on binance from me
didn't knew my words would come true so soon!
170 million , up . i'm sitting on mine
bought 51m for a total of £450. at .02 it will be worth , so there is no reason not to wait and hope to become the global definition of a millionaire. it might happen next year, it might take a decade, or it might all crash and burn entirely. whatever the outcome, i'm along for the ride.
i have no reason not to. i invested ’m up . i invested early btw.
plenty of people waited for doge day. people bought in with the expectation that dogecoin was gonna hit 1.00 on doge day. that never came. that overhype and thisappointment lead to more people selling and in turn, doge has been floating around .25 or so ever since. don't wait for a specific number. keep up on what's going on with the coin and how it is progressing and make sure you cash out when the times right.
385 million and up &19,000 and no sign of selling
i'm buying crypto (and stocks) for retirement. i do not have a price target to sell shib or any other crypto or stock. i plan to sell when i need them to live off of, several decades from now.
i am, i sold half on the last major run and took out enough to give myself a nice cushion. poked some back in on the last dip and the rest is gonna ride
right here, if it hits .01 i’ll have 2 million dollars
hodl forever… take out enough to maintain your yearly expenses and let this keep climbing
i think you are hurting the group by continuing to reinforce the 0.01 line. people will inevitably begin selling before you hit that target.
20% out 0.001, paying off some debt and funding other short-term crypto investments. 15% out 0.005, paying off mortgage, taking care of parents. 15% out 0.01, funding other long-term investments in dividend stocks and real estate. 25% out 0.015, buying a yacht. final 25% out 0.02, funding my charity.
if i hold to .01 that will be 10 million dollars for me.
holding to about 10cents then taking . then holding the rest. after talking to my doc and him confirming i was abused by my"dad" this coin will be my escape money where i can buy a house and go no contact with him and my "mom".
bro, i'm holding til .10 at least.
.01? you missed some decimal places, king. i think you mean .00.
no point selling when i have . a loss is a loss if it happens
hold till 1 dollar 😂
0.1 minimum if chiba can reach 0.01 then is 0.1 definitely possible
every .01 cent up i’ll be 10 million richer so i’ll hold beyond that
.01 aint that much for me im just 6mil shib lol ill hodl till life changing price...
i only have 6.4 mill coins, but i'll be holding them and buying more when i can afford <3
,114,544million hodl the line!!!!👍👍👍📈📈📈💥💥💥💥🚀🚀🚀
we just hit .00005005
90 mil holding. 1 cent dream
.004+ will be temping and provide wealth, holding for greed and seeing shit go sideways grrrr.each person will have to weigh their options. dont be like dogecoin millionaire
nah fuck it im holding until 1.00 usd i am not no bitch
i need to hold till at least 1.00...
34 million, working overtime to put more money in instead of putting it in savings that loses value due to inflation and possible hyper inflation in the near future. some goes into stable coins as well but the lion’s share into shib.
i'm holding until .02.
i'm going to hold as long as i can. unfortunately been unable to work since february due to medical issues, started getting into crypto as a way to hopefully set up a way to have a return come down the line in a year or two for my kids who'll start college around then. just trying to create a better future for my family, regardless of where i'm at in my health or life. 👍🏻 fingers crossed that it will mature and grow enough where it will be able to help them out with college and all.
i've got 77 mil and plan on holding until at least .01.
i put it like this, doge is in the 20s. if you got faith & you know that shib is better than doge, you know it’s gonna be higher than doge. i wanna see how much higher can it get than doge. sell higher than 1 cent if you can.
does anyone look at shibs coin supply or all of the zeros that need to thissapear before 1 cent?
youd be silly not to hold past it. if everyone sells out it will drop, put in what you do not give a fuck about losing and hope for the best.
im trying to hold till .50 at least
if it goes it’s gonna be quick... not two three years ,it’s going to happen fast... which is probably dangerous as it won’t have time to cure... but yeah i am holding out... .01 will give me 450000$
yes i believe that we're gonna hit 0.01 one day just be patient
i will sell my shiba at 0.1 cent, let’s communicate the dumping rime
i’m sure it will take years, but i’m hoping for .1+
best thing i did was lock it up on crypto.com. woulda been tempted to cash in the few grand i just made like an idiot.
shiba inu is killing doge 😌
let’s make history. let’s show these idiots what shiba community is really about and we shall stand triumphant until this coin is on the fucking moon... let’s go. demon time is activated. the sail has shipped. diamond hands. 💎🙌📈🚀
im holding until it gets to 0.10
0.1 please hold with me
i’m up ,000 hodl the line!
145 million, up 10k. i am sitting until i am a millionaire or bust.
i’m planning to sell at .001, basically after rh listing i will sell but let’s see where this end
no way. not possible. long time holder. if i'm lucky...double and a bit from here and i am out. hate all you like. there's a limit. market cap on a penny is insane.
i’m going to buy me a lambo for christmas
i’m like buzz lightyear.
i can live off the stake interest at a penny. 🥳🥳🥳
i am. at least. i did not invest enough to not at least see where this goes.
i think you mean $.10
10 cents is the goal with all these burns and big things
we are all holding strong shib is a good coin and will be worth more than 1 cent. peopl are taking about how much money is need to buy crypto but don’t realize the value of crypto out performs the $
im holding until at least .50 selling any lower would be a decent amount of money...but not life changing.
been in since may. only have 2.6 million. i’m kicking myself for not buying more when it had five 0’s! holding for the long term.
i’m not selling probably ever
.01 my $$...im in it till ,000++++++ baby!!!!!
i do not think it will reach that. that would mean shiba is worth more then bitcoin. i have a hard time seeing us reach even .0025 since that alone would surpass ehterum. i'm holding for a hopeful .001 - .0015
i’m personally willing to hold until i want to sell.
i’m holding past that
who’s hodl past .01???
if this coin does like it is planned, im holding until .25 cent to .75 cent!!
364 days - you pay a capital gains tax on the profits of an investment that is held for more than one year. (if it is held for less time, the profit is taxed as ordinary income, and that is usually a higher rate.) you do not owe any tax on your investment's profit until you sell it.
i invested .000028 . iam so tempted to dump 50k more
i know a lot of people are kicking themselves in the ass right now!!!!!!
it will be the hardest thing i’ve ever done but i’m hodling all 830,000,000 til .01 and then i’m selling only half or less.
i have 230 mill and plan to sell half at a penny. depending on the strength of shiba at the time depends on what i do with the rest.
i have 120,000,000 tokens left. sold 30 million of them today when it hit .000079 to get my initial investment out of them as i bought when they were extremely cheap. i will sell more when we delete a 0 from price and i have sell limit orders at certain resistance points marked by the fib retracement levels. with these parabolic moves shib is making we are due for a massive correction and to top it off the bear cycle is near if history is to repeat it self based on previous chart data. i will be doubling my position during the bear cycle and shoot for at least 300,000,000 shib by the end of 2022 or before the bull cycle kicks back in based on fundamentals and ta.
678m+ tokens and i’m hodling!! 💎🙌 i’m doing it for my army. i love you all and i’m not abandoning. i may (or may not) pull 1, but that’s about it. still haven’t decided on that. other than that, i have no exit strategy. i yolo’d on shib in september. this is a crazy rollercoaster and i love it. we can celebrate on mars. 🚀🚀🚀
got the shit cheap . i think of it as my lottery ticket 💯😏
i'm not selling until i make 2.5 mil that is my number. i have 21 mil shibs and i will hold until then.
only 1 million... god damn... i’m buying more !!!
i'm going to watch the charts and see how price action is behaving between .001 and .01. but i'm not selling at .001... the next few are going to be very interesting, we gotta break .0001 first. so long road ahead. "time in the market beats time-ing the market."
just a little longer, may 0,05-0,07. then i could take out some to pay kredits out, and hodle still the huge rest on shib
me. i set a sell date of oct 2025.
i'm holding until it is past 0.1 or worth more than £800,000 as i have a strategy. i posted about this a few mins ago
why wouldn't you? i mean look at this thing. don't go out for a weekend or two. save yourself a few hundred dollars and just leave it there. worst case scenario, you lose a small amount of money. best case, you have thousands of percent gains on your initial investment.
i'd like to think i would, but it is going to be hard not to sell once i see 6 figures in dollars. might not be too long for that.
pissed i sold 10m shib this morning had to lay bills with it...
all 1.35 million 🥳
for me it has to be life changing before i can even afford to have itch about selling.
me!!! holding 4.4 million
ofc we are ! wooof
i'll be happy at .01 maybe even .001
how about after .01 🙋‍♂️
why even sell at point, hold till a dollar or at least .50
just joined the 100mil club, and i'm holding until at least 0.1 and then thinking about it
how else will i get rich?
im at 118 million shib and diamond hands til 0.01. dropped +
i'm holding until a dollar myself, how about you gents?
i’m holding till at least half a cent, i have 8 mil and i’m only building from there
sitting on 220mil. going to take my original investment out at 10x. then all the way to the moon.
i am. i could finally be financially free-ish.
turn the question around: who dares not to?
i’m planning on holding the bulk beyond .01, with a few profit taking points along the way.
ima try to hold till at least 10 cent or more tbh
me and my 80million shib are gonna hoooold
why stop at .01?
i have 500mill reasons i should hold
what would the market cap have to be at .01? close to 4 trillion.
holding !!!!! 2025 i sell it!!
got 28 million at start of year... about 100 quid. i'm definitely holding to see if it can get to 0.01.
got no other option friend
all of us!!!! 1-4-all-4-1
~39,500,000 tied up in crypto.com 3mo earn. locking it up again in five days.
my plan would be keep most of it in there and just pull out whatever i need for purchases while still putting stuff back in
186 million coins. i’d like to see it through past 0.10
if this hits .01, i will sell off enough to cover my expenses for a year, about ,000 worth (that is a very comfortable year, btw). then i'll dca back in a little at a time, rinse and repeat! if it hits .10 (which is practically impossible without trillions in burn), then i will sell it all and retire!
has there been any legitimate news about burns? who does the burning?
so im gonna play devils advocate and probably be downvoted into obvilion. although i would want too. i probably will be selling before that. maybe not all of my shibs but i probably cannot resist myself to sell at least half before it gets even close to .01.
i am planning on holding until shiba is actually a full .23… lets do it! to the moon…
i’m in for the big money
until at least 0.2467643
.01 is rookie projections. hodl the line.
60 million and i'm holding till i make life changing money. if i pull out now at best i can pay rent for 3 months which is not enticing enough
i'm planning holding past.
i’m holding for a very long time.
i’m keeping 1 billion for a while
yeah, probably, but if it gets that far we should hold even longer.
holding until .01. i have made a 100 already.
i'm already up 500% and feeling no need to dip yet. ideally, i would like to hold for 1.76 cents so i can pull out with a flat million, but for my investment plans, i really only need the 587,000 i would get from 1 cent
ill be a multi millionare at dogecoin prices last year
sitting on mine. we have come a long way just in this year alone!
i'm sitting on mine until 0.1
i’m planning on holding till 2025 earlier i’d sell
2025 or £1milion return after tax, whichever comes first.
you guys realize that .01 per shib would mean a ? that’s 4x bitcoin. don’t think that’s gonna happen in the very near future…
all of it, why sell it when it is going to be worth so much more than a penny. paperhandedness is not going to get anyone anywhere.
sorry guys, i won’t be holding till .01….i’ll be buying furiously on the way up!
im on earn till end of time
.01? at .06 i can retire.
just grabbed 10mil , gonna hold and ride the wave 🏄🏼‍♂️
i'm holding until 0.1
realistically do you guys think it can actually get to .01? i’d be a very happy camper if it did now , i’m holding !
it may not be the place to ask this question but do i convert my 20k doge into 100 mil shib?
all of us 💪🏼
holdin over 100 mil , will not touch any of it till it over takes dogecoin
i bought close to .00002816 through crypto. who thinks it is possible to hit 10m?
.i'm holding for .05
not me but i’m more of a tenth of a cent kinda guy 🌚
voyager rewards will come in handy next month for 200m shibs!!! it’s giving me 55k shibs so far!
i'm selling 71.2 million at 0.005 to pay off all debt, including mortgage. after that i'll have enough to pay capital gains and have 1.5 years of my current salary remaining. i will retire that day and i'll wait until shib hits the 0.01 mark to sell off some more. i will wait until then to determine how the market looks to see how much i sell off and how much i save for a later date.
i do not really have a plan to sell for any price. i bought 25 million for 25 bucks last april and sold 30 bucks worth a couple of days ago. i took out my initial investment and would only sell if i hit a financial crises - i'm pretty secure so i do not see that happening. of course i wish i had bought more and i'm not about to buy at these prices but i'm having a really good time on this wild ride. i bought shib because i've been showing and breeding actual shiba inu since 1994. i currently have 8 of them ranging from 16 years down to 4 months. bought it as a novelty not as an investment so jokes on me ;)
holding 110 million. holding until .01 or higher. not even considering selling anything until 2 more zeros are dropped.
i am gonna holding
at this point just buying the dips whenever i have the chance!
been broke for years, only managed to put like . i truly wish it could even get to 0.1 tbh... would be a change for once if i could actually have money. to the moon and higher!
i'm hodling till mars, unless y'all want to visit neptune while we're at it.
it will hall hard many times before 1 cent but i have faith it will reach 1 cent in probably 5 to 10 years
sell 1.01 & other half at 1.
i put 1k six weeks ago. it’s !
450 mil and counting and i intend on selling 325 mil at 0.009 and let the rest hit 0.01 or higher before selling part of the balance. the goal is to leave at least 30 mil for long term in case it ever hit a dollar
i would love to see shib replicate doges 23k appreciation. that's enough for a house, pay off student loans, help family and leftover for reinvesting.
me! i’ve been holding since june…
no reason for me not to. i invested ~.000021 so holding for a while.
i’m still going to hold
got 70 million right now holding till over 1 cent , people said it wouldn't even reach where its at now 🤷‍♂️🚀🚀
until way past that i hope
i bought 1mil thursday. no idea what, but i’m up. so i think i’ll buy maybe 10-15mil total and sit on it? see y’all in 10 years !?
i have 55 million and plan on holding as long as possible. i'm hoping to get the mortgage paid off atleast.
out at ½ a penny
i’m holding. i put 250 and it’s way up now. i’m good to wait.
210 million and holding strong.
***i have over 100 million coins. for every penny it goes up i become a millionaire again.***
holding till .10 or higher
i plan to hold at least tile .1 if it can get there
me. i want to get a lige changing money and not just a nice profit.
not me, i’m holding forever, i’ll pay for shit in shib if i ever use it.
definitely. it’s a chance at a retirement with something other than social security.
got in 5 months ago, have around 200 mil 1 cent i sell half and pay cash for a new house 10 cents i’m retiring if neither happen, that’s fine too.
hold and buy elon trying to tank it
i only have 10 mil shibe .01 is 100,000 usd for me and that would be life changing money. .10 gets me .50 or . the latter numbers according to the sub seem damn near impossible...but i bought doge back when it was a joke and everyone said it would never take off. i'm just gonna be patient again.
like 350 million here, almost 400. i plan on atleast selling some for my initial investment plus interest and leaving most of it untouched until it reaches a cent. so probably like 100 million at like 0.0005 is the least where i’d look at selling some. just to take some profit
i’ll sell half at a penny because i have nothing in bank account and save rest for 10 cents
hodl to the moon, friends!
i'll tell yall and upvote it then sell at this 0.00005 wall like everyone else doing
holding 30mil right now. plans to buy intermittently until i have 100mil. looking for one more drop to invest more. i will likely try to recover my initial investments at around .001 but will still hold the majority of my coins for as long as i can. recurring buy of around
holding till a .01 or crash and burn. maybe hold longer and just stake and sell the cash flow.
if you aren’t why are you even buying
going to hold well past .01. that’s just a first milestone imho.
bought in at 0.000027, still going strong with 676mill!
a penny is chump change ,i'm going for the gold ring 1.00
i have to, i don’t have that many to be a millionaire at half a penny. my plan is to hopefully let it get to a penny and leave one half behind to see if it ever goes higher than that .
i'm forgetting i have it for at least the next 20 years.
i am holding! i did not invest much so either way i loose a little bit of money or get a ton. ;)
i'm am for sure. through the ups and downs.
i invested when it was dirt cheap, around the start of september. i thought it looked cute. best £75 i’ve ever spent so far!
im holding till then
literally a few hundred into this and have hundreds of millions of coins. why the heck would i not? it hits 0.000000000001 i lost like 400 bucks. if it moons to 0.01 i have ,000,000.
yup. hoping it dips again regardless, intend to move a couple hundred from other coins into it and sit on it until at least .01.
how much would i make if i sold 20 million shiba at 0.1 cent?
i'm buying 2 mill a week now
been hodling for 9 months now and im planning on buying more
itd be the tits but im skeptical
50m up . sitting.
i plan to hold the majority of the coins i hold until it hits 0.0099 before everyone goes ape-shit over it once it reaches that decimal point. 😎
yeah, because 4 trillion is a totally reasonable market cap for a meme coin. ez pz
i just started today 🎉, i got 30m and i'll keep buying until i get 300m then hodl until .02 (double or nothing)
i have 69m. spent . i wanna buy more but i like the number! holding till .02
i've been aiming closer to .50
absolutely* my dude! *secretly am big brain boi and will cash out at 0.0099 to avoid the mass sell off dip... am def only one ever to think of this masterplan... we see you greedy challatans, this rocket only takes off if we fukn stick to the plan and stick to the plan and your word 💎🐾
i'm going for the .05
after everything i have read, this one is going to at least .01 and beyond. i am hodl and watching this one like a hawk. just made my first crypto investment last week. shib all the way!
hey i’m new to crypto and this thing keeps baffling me. all day it says shiba is up 20 percent, 10 percent, 15 percent but the actual money i have in there doesn’t really go up . yeah is fluctuates, but overall it remains at the same amount i deposited. maybe up a few bucks but at 1 point it was lower than my initial investment and i keep seeing the shiba is up in percentage. what is it i’m not understanding. i would assume if the percentage goes up so should my investment?
i’m waiting on buying opportunities 🤣🤣🤣
i’m following my own experience when i lost with dodge. sell nothing…. buy & hold every step of the way!!! right now i’m 25.000,000 holding and trying to reach 50 million by years end but 100 million at most.
it will never hit .01, market cap would be insane.
some will hold, some will sell. don’t worry about it, those that sell will be replaced by investors wanting are thunder
i’ll be that guy that holds far past that.
i’ll hold most but i’d like to buy a house with half
108mil here. not selling until .01, but then only selling half at the very most
me. honestly i can see this being like doge where it goes way beyond 1 cent, so i plan to only sell around 30% when it hits 0.01. then another 30% at 10 cents if that happens, and if not then oh well.
.01 helps … .10 changes my life … i’m hodling 🚀
i have 100 mill. so glad i did right now. i think it will reach a penny in a year. i’m hoping it makes ten cents in four years so i can retire. sooner would be fine! damn i used to be able to buy tens of millions now it’s a mil at a time. soon i won’t be able to buy a thousand.
276 million. holding until at minimum .005
the better question is who is hodling until it reaches .00 or above?
if it gets to .005 it’ll get to .01 so me
i’m staying till at least .10
just invested 50$! to the moon!!!
hanging tight been in i may take basis off after the next 10x… maybe! or not i mean the lesser pup made it over 100b so eh les go
i just bought a 😂
diamond balls. hold till we're all rich.
holding 227,973,832 until it hits frenzy and peaks at .72 like doge
4 billions will be held for good, passwords. 29 billions remains, yup till 0.50
to be honest, with my stack of 150 mil i'll probably sell around .002 or .003 (at least a good chunk of my stack.) i got into crypto to be able to afford a house, so that'll get me a 1 or 2 bedroom house which is all i need personally.
i'll be holding some for a long time.
i’ll ride it until i can pay my house off
as much as possible
i've had my shiba since may, i'm here for the long run!
i am. and might hold it past that.
200million and still buying .
i'm sitting on mine til at least a penny!!!
i’m not targeting a price i’m targeting a time. 10 years from now in 2031 i’ll sell. 💯 serious
i got 140m and i’m not selling till .05 if possible
just bought another . sitting at 90 mil
this is a cult
i’m holding 100 million and i’m not going to be that guy who bought 12 billion for 1000.00 and sold for 18000.00 now worth 95 million
if they would only burn a lot more of the coins (take them out of circulation), the value could get up to a penny each.
oh shib! love u!
i am planning to hold to
just sold all of my doge to convert to shib and join the 100mil club
i’m holding mine till .10
i don’t think i could hold until 0.01 based on the fact their are one quintillion coins. meaning the market cap of all shib would be . while at its current all time high btc is only .1t maybe in a few decades it could do it but may be more profitable long run to swing trade it. not a financial advisor
there's no reason to sell unless the coin will change my life. i am financially well off enough i have no interest in making a 'quick 10k' or even 50k. so i hold until it would dust, or its life changing money.
330000000 being held til .01 will be profiting on the side and building on that original total! lets go shibarmy!
to everyone of you : do not fucking sell. its only a matter of time to hit 0.01 if we stay strong.
been holding is .00000000000011
i turned . im here for as long as we run.
prob till .10 tbh
we always need 4 trillion boys so relax dreaming will be a long long run to financial freedom
me!!! even the tokenomics are not in our favour, have faith in the burning and the army 😊
let’s be honest, how many people will hold past 0.10?? i’m interested in some thoughts... in my head the closer we get to a penny the harder it will be if everybody sells, but how many are holding after the crash?
haven't sold a single coin in 5 months since i first bought in. 💎✋🚀🌚
50% at 0.05 and see where the rest will take me
hodl’n til 11, all staked on s.
yup! or .005 see how it goes. as long as the shib community rise like this i'm not fucking selling😎🥸
oh snap doge about to go down! suck it elon! he just helped us this point by being a jerk!
370 million not selling
squak box just said robinhood needs shiba inu! let's go
i’m sitting on just over 215m… early buy in and have no plans to sell until it’s at least .02. in the meanwhile… just buying the dips! !!!
i plan on sitting on it for the next 20 years. hoping this is one avenue to retirement. lol.
until 0.05. buying more every week.
even i am optimistic about all coins, i do not see shib to hit 0.01 unless some serious amount of coin get burned. but then who will burn them if all wants to hold in a hope for becoming millionaire?
low balling. why not hold until we surpass doge
holding till .01 and keeping a chunk running for those following cents!
this depends on how much they burn. the token needs to burn serious volume to get to 0.01 (like at least half the remaining 395 trillion) right now i think 0.0005 to 0.0008 is an ambitious but realistic goal.
have a billion shiba and i’m not fucking selling…….go shiba army go!!
aiming for over .01.
i'm just holding out until i have enough money to, you know pay off my car, buy a compound in the desert and start a cult.
in my 40s. it has more gain then 99% of coins in there first year. 1.00 could be reached with all the burning that is going on and they want to just burn a trillion asap. that will make it jump almost a digit if iam not mistaken. but 3 to 4 maybe 5 years is ok for me.
for it to be worth .01 wouldn’t it’s market cap have to be bigger than the entire stock and crypto market ?
would buying 5k be a good choice today?
oh doge is on the ropes. it cannot take much more of this pummeling folks. i have not seen a battle this tough since fury v wilder!
i’ll get negged to death for this but if you’re hodl till 0.01, based on current market cap, you think shiba will be worth 4 trillion dollars. a ton of supply doesn’t mean a ton of upside potential, sorry. to get to that point you will need mass adoption . how long did btc take till it hit 1.1t? i would definitely lower my enthusiasm a bit. i’m literally riding to double my input. let’s get real guys, make a few bucks and buy an xbox or something. i’m rooting for everyone but don’t be left holding the bag. unless you go jump in with the mindset that you’re willing to lose most of your investment, then by all means…shibamoonmoon
wish i could of really joined in from the start only got 800000 coins for
i'm sleeping on my shiba till hit .01 🚀🚀🚀🚀
up 700% !! 💎👐
ive been selling shib since .0000005 im honestly selling the rest now and letting only my first 2
never selling. even at . i trust the development team and like the transparent management.
200 mil. half a cent, im good. a million after taxes.
why sell at a penny? when this hits .01 so many more people will start jumping on this train
this is long term hold for me
why hold till 0.01, if everyone gets excited and cahses out then, it will never keep climbing, it could easily hit the levels of doge when that capped at about 0.57 gbp, i do not think it could ever hit 1.00 but 0.5 is realistic if people hold and sit with it for a year or 2
oh we holding 💪 bout to throw another 5k down. we going to .01
i’m not selling till we hit .10 cents baby diamond 💎 hands 🙌
hahahahaha you guys are dreaming hahahahhaha. good luck!!
of course i am holding
240+ million, up ,000. hodl.
that's if: 1) it reaches .01 2) the vendors we buy from actually let us cash out. look at what happened with doge.
i invested . was up around 5k at the peak of this run. i planned on at least holding till 2025 and it just blew by all the price projections. i’m holding on for dear life now. if it hits .01 i can see it hitting more. hold the line shib army!! i’ll see you all at the fucking catalina wine mixer!
to get to 1 cent shib would have to be worth 5 trillion dollars.
bought 88 million for .
i’m holding and buying more until i reach a billion. i’ll always have some shiba. .01-.28 let’s go shibwarriors🚀🚀
everyone who is holding needs to be setting up a trust to get away from biden’s terrible retro active tax plan
me, definitely but how will it get there?!
diamond hands here, 140m shibs. not buying more, but ride or die with what i have.
i hodl for 1
it will never reach 0.1... never ever...!!
i am and i just bought 110✌🏻💸💸 shib for ever
at .01 i'd have around 60,000. might take 10,000 and treat myself with 5,000 and try to reinvest into some more shib with the other 5,000
we holding to a dollar baby!!!!!!
91mill, up almost 5k, i’m holding until .01. we have a bottom line number that would pay off all our debts, but that’s a lot lower than .01
almost 200 million here, holding for .02
i bought 21mil for . 1 cent gets me 200k which i might be fine with that but only the future will know.
i’m holding for years!
unable to buy shib on kucoin
hell yeah. im up to 100m shib and will only add more. im up and it can only get better. the more money that comes in the more ahib i can buy and hold.
my ’m holding forever ahah
84.5m here. i don’t have in wallet. should i put in wallet. what’s difference vs leaving in my cb account?
.01?? i'm not budging til at least 10.0 😁
+237,000% .01 market cap: . keep in mind the entire market cap of all crypto is currently around .6 trillion.
i'm hodling until it reaches .00
i’m hodling until it’s ,000,000
my crypto.com app forced me to do a 2fa and now i cannot access anything... maybe just locked away 100 million forever and lost out on a .
i’m not. i have 35 million coins. if it hits 1 cent that’s 350k…but if it hits 2 cents that’s another 350k i’d miss out, and if it gets to 1 cent it could easily do 2, 3, 4. that’s so much money i’d miss out on. fuck selling at 1 cent
i wouldn’t sell even if it hit
you need to manage your investment by investing small amount and lock 🔐 it forever. rest of your capital use it for profiting during trends !, daily trading weekly etc. all of us remember bitcoin ,doge coin 🪙 😉 etc. the small investment is going to be your lucky strike 😉✌one day.
it will never it .01 just about mathematically impossible. it would have to engulf the entire crypto market to hit .01
holding till the world ends
i plan to hold until it reaches .01.
this will crash before .01
just read that a crypto whale made a large purchase. from past experience, they’ll sell after making their money causing shiba’s value to drop.
waiting until it is the same price of the doge! let's dream big! $.25
idk. i would only profit 13k with what i have now, is it worth it to pull out if it ever gets there?
stupid question shibutroops- i was fiddling around on my coin base acct (not coinbasepro) to see how much the fee is to cash out -1…...(not cashing out, just testing) i have 80 mil in shib and it would not go to the preview for the cashing of 20 mil??? why? do i need to convert it to btc eth or etc???
how are people staking shib? i’ve seen some people talk about it but don’t know how
holding until one dollar 💵
187 million and still buying. fuck yes i'm sittin on this egg. just hope i do not get goosed. no glory without risk!
i'm on 27.5mill at the moment and would not think about selling until after i've got over , .
i have only about 10 million so i have to hold for at least .05. that tax hit will be a bear. speaking of which…what are the tax implications when you cash out??
me, maybe even 10-25 cents
1 buck or 5 years what ever comes first.
why .01 i'm waiting for .10
you don’t talk about a perfect game while it’s happening
i'm talking to my boss about to go back to work. google is saying we hit a dollar by 2025 i can wait 3 years. held bitcoin longer than that
you don’t have to sell your coins several exchanges now pay interest for holding your shib that’s what staking is all about! collecting interest is called passive income! if they will pay you interest that means it’s valueable to them! so why would you want to sell it if they will pay you for just holding it?
for those planning on selling at their goal smart to keep 1
im holding until .50
keep calm and buy shib.
on the road to 01... not a road trip - too short😊
10 percent at penny and hold to see where we go.
holding for life. i have 10 millions
get your shib while you can afford.
me. i have just over 100 million coins. i’m probably going to hold past a penny as well as i should have way more shibs by then.
i’m hodling forever and will sell as i need to to pay off loans but if it keeps going on then why sell?
i’m selling half of mine at .005 and then letting the other half ride for the next three years. that’s my plan.
had to take money out of my crypto wallet today but left my shiba alone. we’re all apart of something far greater.
a year ago i had a lot more debt, but it is mostly paid. i am good to ride it awhile. my only regret is not buying more when it was super cheap.
holding until .0001 and selling half. then at .001 selling half again. if ever at .01 i will sale half…lololol to the moon!!!!
invested enough where i'm comfortable hodling. house and early retirement is the goal lol
four years that is my exit strategy. depends where i'm at then.
honestly do we expect it to get to .01 or .05? i honestly do not know. i’m new and have 10 mill now but have no idea what to expect!
sitting for sure. no hurry here.
to the moon 🌙 ✨
i’ll sell like 25% and hold the rest
315m at 2900. i’m planning to sell around half a penny. after tax, 1m
i’m new to investing crypto and shiba is really my only interest any tips?
i regret not investing more when i did i only put in 300 cdn and it gave me around 22 mil and then transferring it to a wallet took 5 mil so i'm stuck at 17 mil and arent making too much unfortunately, which sucks because i'm now jobless and moneys tight af for me.
i'll be adding every dip and friday till .01 here
100 million till it hits .01 baby!
.01 or bust!!! ride or die baby!
unless they continue burning a fuck ton of shiba i’m going to get out as soon as i get another 200% increase or so. i’ve been in since .16 and i’ve sold my capital and i’ve left my profit. i have around 65m in shib left and i’m gonna probably buy in again at the next dip. hopefully it doesn’t tank into nothingness lol. time will tell!
i’m hoping to sell the first 10% of my shib holdings at .05. that would pay off my debt and leave me with about 1,000,000 in the bank. i’d hold from there and see what else happens.
i'm holding until .10
dude this ain’t going anywhere anytime soon. this is the next bitcoin bet. in 2030 just watch we will all be here like wow glad i held.
bought 2m tonight, holding til .10
i have 31.5 million shares. i want
187m and unlike the rest of you i won’t lie. im definitely going to sell if it deletes another 2 zeros. but probably sooner. you all know damn well you’re going to as well. read up on it, for it to reach 1 cent it’l overtake btc so fuck off with that nonsense.
i believe it will go past 0.01
to the moon 🌝🌝🌝
tbh i'm gonna do my best to hold put to then $.10 mark.
i’d like to at least make enough to pay off all my debt. i’d be happy with that.
im not really holding for a number. i am just holding till i retire. so we will see in 30 years what were at and i'll go from there. i got a pretty decent diverse portfolio and crypto is just another facet that i will add to over time. so yeah hold for 30 years lets go!
anybody mining shiba here, what's the rate... newbie here, trying to hedge inflation with crypto instead of gold ...
390 million club 🙏🏽💯🔥🔥🔥🔥🔥
210 mil here and my plan is to sell half once it double from initial investment to recoup investment then hold until somewhere around .001. it will not reach one penny anytime soon, and will have plenty of reentrance points before then
i am holding until at least $.10!!! maybe more.
holding until i wish i had already sold. not in the 100m gang at all, but 25m will pay off the house at .01
155m club here! hodl! 🚀
im holding for a dollar. nothing like more then 10 mill to buy nice land a multi room house with rooms large enough to have a gun range.
you speak like there is another option, other than holding
holding till higher than that.
i’m actually holding till it reaches .50 cents or for 4 years.
nope, dumping it at. 001
just bought my first bag, but is .01 realistic?
.001 would make me a little over 1 million, so who knows i might just succumb to the temptation at that point... we shall see!
100%. .01 gets me about a half a million. that's the life changing money i want!
i am going to wait till 0.01$
this seems like a good goal.
hold ‘til .0 0😁😁😉
i read that shiba inu would have to burn 99.9% of its coins in order to reach .01
okay so when it is above a one trillion dollar market cap? lol
holding a majority of my egg much further. egg salad sammiches for days.
i want to hold till its
i am planning for 1$
we are aiming for .50
in holding until 0.10 ;)
i'm going to hold fast or die trying! there is no reward without perseverance! 101 million and growing!!!
who has a billion shiba?
holding 251 million up 2500.00 just today 11k since buy in may16th
sitting on my hands
120 million puppies and still adding .01 is paperhanding in my opinion
i’m holding 20million currently and gonna buy more
if i hold til 0.1 i'll have 2m. every 0.1 beyond that is another 2m. i do not need the money i've invested. it can stay right where it is at until its the right time to withdraw.
don't worry about that.
right no reason not to hold for .01 and beyond
didn't get this far to hodl just to a penny i think i'm just going to keep it and stake it
i’m going to load up as soon as i get paid this is still a great entry point for those who have not bought in at all
that’s a house and all my debt
i want this coin to reach 0.1 atleast
.005+ i saw some ideas and plans i liked. need some money back
im holding till it hits
it will drop at .01 so fast, i'll sell a little before that
i’m holding till .25. let’s ride 🛸🛸🛸
i'll be holding till at least .01
i ain’t selling to 0.1 , i am buying and holding. simple.
i'm going to always hold, maybe sell 10% and hold the rest so everyone can be rich and i'll just let the rest ride on the market
either i get jack shit or i get some cash.
only at 7.8 m but buying here and there when i can. love the trajectory, depending how quickly we hit .01 i would only do a partial sell and hold.
i’m not. that’s not high enough. i’m looking for life changing money
i have 10mil coins...when will i see a million dollars?
mate, if i see it not stopping im holding till .10 lets see how it pans out and then decide bro
do people realize that at .01usd, the market cap of shiba would be 10 trillion?? which is 4 times higher than the global crypto market cap??
proud owner of 10.8 million shares +. to the fucking moon lucy! to the moon! .01 or die!
at that point i'll just hold longer.
absoulutly brother! all day, let us fucking go! to the god damn moon! i love this coin!
planing on holding for .02
i’m only 2m in rn but ima hold out for at least .05 if i can
me, though i might sell a little bit if it hits 0.001 to pay off some medical bills.
i know it’s going to .0001 before the weekend is over , i am not selling till it gets to .01
not selling till .01 and it will reach there soon
0.0005 i’m taking half out and leaving half in. i could do with a few grand in my pocket since i have a baby on the way!!! would rather be sensible
if it reaches anything higher than .001 i'm throwing . he told me today that i was stupid and i would never be rich like him.
dude we are all holding. shib will become a payment
i hold to 0,1č🇨🇿❤️‍🔥
until . i am anti 0. so... so close to .00006 this morning. here's hoping it hits 6 soon. shib to the moon then mars 🚀🚀🚀🚀🚀
death grip till 0.01
why stop there? dream big
hold hold hold let it reach a dollar 💵
i only have 14mil 😔
i bought a million for a tenner a few months ago so yh i'll wait as long as it takes. worst case scenario i lose 10 pounds
this is 21st century...the era of crypto... i'm seeing people helping each other to grow (financially), excelling each other. may be this for their own benefit but i like to idea. this truly is a revolution
me i want my 55,000$
me, no point selling now when we can all make so much more profit
just hold guys we will beat doge
.10 is my happy number
just sitting on my coins, for a long time
i'm holding until .50
lmao out of control i’m hold to
i want to hold until 0.80 cents
at this point, i want to see it go to a dollar. why not.
there’s no reason not to, i bought in to shib three weeks ago and i’ve already tripled my money. keep er moving baby!
you have to look at the bigger picture, crypto is just getting started. yeah it’s been around for years, but for years most people didn’t know what it was. most of the world has just heard about cryptocurrency‘s this year, imagine how popular and how many people will be invested in it in five years? that does nothing but good things for the coin. buy and hold it’s that simple.
i'm hoping for .01, but if.005 i'm going to sell 10% and hold the rest to see how far it goes.
shib is about to overtake doge.
i’m holding for at least
i'm holding until it hit 0.50, putting a portion of it for my children education fund and donate 20% of it to charity. didn't put much in it so i should left around 100k to spend. i will continue my job still, salaryman hahaha
i hope for 0,30$… this would be awesome
i'm 100m strong and will be holding it till 0.1 for sure
i’m selling a hundo at a penny hodl with the other 3
if it his 1 cents i’ll take out enough to pay off all my debts. around 50k
im holdin till .10
not sure. we might get a sell off after shib gets listed on robinhood or doesn't get listed.
hodl amigos until the moon
.15 is my sell point
not selling till i have enough for a fresh start with no debt! (and if i can get a little extra for a down payment on a house…even better!). i’m okay with a milli ! 😇 but let’s say it reaches a point where i can cash in 2 mill, i’m cashing out 1 and see how the other perform. i’ll be cashing out by 10-50%.
i’ll quite literally have , so i think i’d be happy with that.
i'm holding way past .01
listen folks, some might call me a whale cause i hodl 300 mil but when i'm still going to my day job. shiba is becoming a great tool now, chances of shiba being , it has a lot to offer,given the state of everything i'm buying shiba nft so i can help drive the price upwards and the nft developers burn the rest of the profits so instead of selling i would say how about we all burn more at the next 0, burn 10% of what you got and if all 734k hodler and whale do the same it will become even more valuable. as long as we all hodl this would not stop at 0.01, believe in this project
how could the market cap substantiate 0.01? is there a plan to burn up coins to allow for growth without an unattainable (near term) mkt cap?
to be honest, .01 is probably not obtainable in the short term, but .001 might be and i would definitely cash out at that point.
i have 10.5 mill, i'm not selling until that shit hits 'm only selling 1 million
hodl here to .50 at least
i'm holding until 0.75 brotha
fuck .01 i want .20 to 1.00
i will hold some till 0.01 and then some till 0.1 and the rest all they way upto a 1 which will be around 2030 i believe
if it gets to 0.01 i'll be able to buy a 1.5m home in cash
i am. i need to make enough so i can quit my job for good.
i'm not on crack but shiba is the doge coin killer! it's going to !
stay holding til my pockets bust
at least until .01 will just use as a running account. no need to “sell” at .01 or any other number. crypto is the future and will not stop.
of course. hodl here.
i could use an extra 10m usd
i’m holding till a dollar💪🏿💪🏿
you know what shib market cap would be if it hits 0.01? hahahahah i will give you a hint 3.95 …lol bigger than apple and tesla combined lol
just sold, think a dip is coming, reentering at better price
as close to 0.01¢ is what i'm aiming for. could it happen by 2025?
why hold til .01? we should be trying to hold until .00... by preaching this .01 nonsense, when it reached. 01 (which it will, very soon), everyone will be trying to sell, thus killing the value of it... cmon people, we gotta have higher aspirations
i thrown some money at shib with the mindset of , whatever happens happens, i loose it all oh well, if i make bank so be it. i'll probably sell some at .1 when
holding for that big payday. 31.6 mil
what price you think it goin to hit
coinbase had it pretty early. it was 0.00005 when i first spotted it
holding till 0.1 👀
sitting on 13.2 mil holding until a 1.0
holding for at least one year to avoid the high tax in germany 😁
hold you guys will only benefit you please for so many people
i’m holding till .25
i bought 12.5 mil for the fuck of it for . i doubt it ever gets to a cent but even a tenth of cent and i’m making 100x return. i literally have no reason to sell anytime before that, and have basically pocket change to lose on it. and if it gets to a tenth of cent, then one cent starts to look in the realm of possibility, and might as well hold to see if i can makes six figures out of basically nothing. from my understanding there would need to be like many trillions of coins burned to ever even have a shot at those numbers though right?
everyone should dump their dogecoin and put all their money into shiba!!!!! it’ll be a marvelous outcome soon!!!!!! 0.80 comingggggg!!! follow us on scammer tv on youtube!!!! we will start posting legit ways to make money so good you’d think it was a scam
where’s the best place to buy? i wanna buy some shib and moon
i just sold what i invested in it and now im gonna hodl :)
bought in january 100, and sold in august because i thought the dream died, rip to me😔😔😔😔
holding on until at least maybe 0.03-0.05
100mil coins and holding ! buy , hold , burn and repeat and we should see the value of shiba coin go up ! nft is confirmed robinhood will prob jump on it too
i wish i bought sooner, i only have 780k but i’m in it for the long run
41 million and holding i bought really early in september.
i know i am.
any suggestions for buying in ny? coinbase suuuuuuucks currently at 8m with outrages fees
i'm holding until shib has an actual practical use case... which could be well beyond .01
i’m hodling for a while atleast to .10
how confident are y’all that it’ll reach at least 1 cent ?
hold like you never owned it !!
190mil and holding for retirement type money. dgaf
i am. this thing will pass, but eventually we'll get to where we make a ton of money.
i know next to nothing about crypto but i’m in
i only got 3 mil but thats still at least 30k which il be happy with
will ever realistically reach at least 10 cents?
holding 200 million coins, too late to turn back. we need you elon!
600m holding. already took most of my initial investment out to get a car few weeks ago. i'll sell when i need to, otherwise it is a savings account
right now it’s at .000046 great time to buy more when it’s low.
i just like seeing the ridiculous amount of zeros when you’re buying anything into the millions. it’s nice to imagine you’re actually making volume investments🤣😂
when will shib hit a penny estimates please time wise?
if it gets to .01, why sell???
150 mil since .00002800 still holding. not selling
115 million and holding 💪 👍
at least. they buy in was so low… why wouldn’t we ?
holding till 1 cent could be several years if not more... the market cap of shiba at 1 cent is more than 10x bitcoins current cap and over 15x ethereums cap, the network it runs on. the only plan here should be holding. investing is a marathon not a sprint. imagine holding bitcoin to now, you'd be selling when you need the money and holding continuously, as people do with the actual market. love off their investment and in a good market still be adding to it.
i got enough to sell at .01 but obviously planning on getting higher
do you really believe it will go to 0.1 … like really serious. come on if it reach just 0.01 there will be thousand of thousand millionaires … no way
this shit is just sad
lmao 😂 you guys seriously need to understand what market cap means jfc
i want to see shib above , i do not think i am ever going to sell, the best is yet to come...i can see shib being supported by companies like petsmart and petco...
well...not sure. robinhood is not adding shiba inu or other other crypto until they get "clarity from regulators"...that was from cnbc's fast money. i'm thinking about getting out, do not see shiba hitting .01 or ever .001.
it will never get there
whats your sell point? interested in what the 100 million club has set as a target
i’m at 935 mill plus and i’m holding till .005
i def am. that’s my sell point. i’ll have over ,000,000
maybe put it in a wallet? seems uncomfortable
i got in for . no point in dropping it.
i put the same right on brotha
if you hodl till .01, mine as well rock on to .02 double bubble.
i bought in for only ... right now im up 9x... i wont be selling before .01... i would rather let it burn to 0 at this point
how much did you toss in’t mind? im 30 million but tossed like .000007
i'm sitting on a little over 500 million shib staking 100%, got my shib making shib. i cannot touch it for 3 months. but i'm enjoying the ride and buying more be as we go. when it reaches the promise land, in my opinion, the smart move is...half in, half out...just saying.
54m here, and same strategy. if in 10 years i’m not a millionaire, it’s fine, the cost over the span is almost negligible. if it happens, great, if it doesn’t, no worries.
solid point i mean if you knew within 3 years you'd have 1 million, would you sell sooner just for maybe 10k or wait it out?
guys newbie here. so may look off topic. been able to buy just now thru coinbase. going hold and this is not late buy in. 🚀🚀🚀 how you guys been able to buy early? what platform or way to trade ? could you recommend some guide.
literal genius enjoy the moon
this is crazy. i keep thinking about those guys that put
the difference between doge and shiba: shiba users hold looking for the highest immediate selling point, doge users hold looking to validate the coin. imo, shiba will prob be a pump and dump judging from the mentality of these comments. i own both but i believe in doge to actually prevail and shiba will coast behind it. only reason it’s up now is because people want to cash out on the bull run
solid advice, are people really thinking shib is going to 100x from here? it's nice to imagine...
that’s the big question, when is the time right?
55 million myself. that's great its good to see the hundred million club holding
at .01 how much money will be paid out to the multi quadrillion coin holders ? there is not that much cash in the world get real everybody
good call. i recommend watching actively in case any of your investments tank or bottom out. but good call.
how many coins make 2 mil?
sounds like a plan to me
amd others will continue to buy…
as much as i'd love for it to happen, unfortunately regardless i see .001 and .01 being massive hurdles to attain
you cant afford a yacht until you can afford 10 yachts. so you might need to hold out for more, just sayin
bro if shiba hits a penny, the market cap is gonna be 3 trillion usd, which is more than apple. i really doubt it will hit a penny .sell when you are content. don't get greedy because thats when you will lose your money. have a realistic target. i personally think shiba will dump hard when it reaches its top.
jesus christ how much you holding?
how many shares do you have?
best of success to your future endeavors
i am in agreement with the no contact. toxic people usually stay toxic.
😂🤞 lets get some coins burning then
i'll see you in 2295 for morning mimosas to celebrate.
lets all wait till at least 1 dollar
damn you have big dreams 😂🤞
same. i bought 6m 12 days ago and almost doubled the value now. should have bought more.
i'm right there with you!
i see you too are of holder of culture
exactly. too many people screaming 1 cent without realising the market cap would be twice the size of the enitre crypto market combined. it's not going to happen and people will get destroyed waiting for it.
long shot but hey 🤷‍♂️
possible if we burn about 380 trillion coins though lol.
we need some serious coin burn 🔥
i'll be tempted at that point as well. i sense a massive dip around then
spot on the market cap at 0.01 would be bigger than bitcoin and eth combined. these people are crazy. if it gets to 0.001 would still be unrealistic. so my target is 0.0007
tesla plaid with shiba money to give elon the finger 🙋‍♂️
good luck to you!! let's get there!
i have to admit my fingers hovering on the sell button right now but trying to hold strong lol
i have that same amount. im holding til i dont have to work anymore
i like your method
things are strange in crypto. never know 🤷‍♂️
no time soon for sure but future maybe
i'm holding... 2 is doable. i think. not the pie in the sky shit they were pumping about doge... 2 is logical.
84. 5m hither. i don’t has't in chinks holder. shouldst i putteth in chinks holder. what’s difference vs leaving in mine own cb account? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i'm honestly curious about the same thing
set up a ticket!! that happened to be on bittrex
as much as i agree, doge did the impossible and i trashed that coin since 2017. still do
how you going to profit?!
the logical sense in me is worried about that
might have been this recent dip?
i'm sure that is a good return regardless so that is your call
ditto. i’m holding, however i took out 2x my initial after 7x gains. split half that up into 10x different newbie coins.
lot of poors out there, with a few bucks, that want more.
hodl do not sell ...05 is the shibaarmy way
hodl do not sell at. 0005...05 is the shibaarmy way
. 05 not. 01 do the math big difference
buy what you can afford
i'm wondering the same but good luck!
the chances of it reaching .01 are very very slim. the chances of it reaching . without the burning of about 95% of the existing coins there simply isn’t enough money in the world to support . that would be many many many multiples of the entire gdp of the us for a market cap. talking about .
come on dude be realistic. i wanted to go up to but i have realistic expectations.
within what time frame?
that's what made be believe it was more legit
400 trillion units to my understanding total... quadrillion... getting to a penny is possible, unlikely, but possible... depends on which of these iot formats wins the ipv6 battle... ;)
got mine from coinbase
why. you're not the only one saying this. market cap?
then please only invest money you're willing to lose do not check your account every 10 minutes just let it sit check it once a day.
i'm skeptical but hey i was skeptical on doge 🤷‍♂️
can we dream a little here sheeesh
just playing it by ear, i have never had a set point.
i’m in the 106m club. i won’t even think about selling till it’s at .005. but even then i’m going to stick around and see how much more it goes. i don’t really want to sell until .01. and even then if it reaches .01, why sell then? just hold for another penny or two and double your millions...
2025 or £1million after tax, whichever comes sooner.
.01 = ,000,000 for me but, of course i'd like 50m to 100m. i'd be happy with 10m -or- 20m too hahaha
100mm+ club here and i'm holding a strike price of 0.44 before i harvest...although that could change 😆.
i’m not selling off at a penny but at 10cent making a one time short of 20 mill shiba when i have 50mill shins to make enough to lay back on and retire.
100mil here. looking for. 23 so i can roll over into a nicer find that will give me a nice dividend so i can fund all my ideas, help the fam, and leave the rest to the family after i die without actually touching the cash.
350m, think once i hit , i’ll pull out 20k to pay off my car and stay along for the rest of the ride.
i took 25% off the table after 4x, another 25% off today at 75. i watched doge spike and fall, and i’m taking $. rest can just ride until we lose another zero. (but think about the market cap on that — we petitioned for shib to be on robinhood — it’s already worth more than robinhood….)
.10 no less. sell 10million coins at .01
mine is .0023. that would be enough to pay off my mortgage. which i bought more when i had the chance a few weeks ago.
i like ten cents as a sell point personally. being in cali and dealing with the taxes afterwards i feel like walking away with 5 mil and change is enough for early retirement.
235 mil here. between 0.0005 amd 0.005. anything where you need 0.01 and you are going to get spanked just as you think you're making it... every single time. sorry to sound arrogant but 10-100x profit is sensible. anything more is mathematically improbable.
why do not you just get out now. this is a multi year play
you have better odds of winning the lottery
theirs always your other coins and other hustles 💯
[crypto.com]( listed pretty early...
i bought close to .00002816 through crypto.com app.
i bought through uniswap on trust wallet. it involved quite a bit more steps than the platforms it’s available on now lol. but the benefit is that it will be just as difficult to withdraw and therefore eliminate it as a source of “quick cash” that can just grab at any time.
four zeros in the price, you early bra!
i used webull for shib
i bought it on voyager when it was at 5 zeros before coinbase listed it
i respect that you have actually done research and have a logical opinion other than saying "to the mooooon". sounds like you are smart enough to know when the train has stopped and that is very important. it cannot call a pump and dump completely because more people are adopting it currently. it's getting more traction and they are trying to utilize it in different ways. i think we can both agree that too many people think they can throw . that's just not realistic and that is what will cause this coin to crash. be patient, hold, and let things develope. i hate living in a world where people thing that they are problems will magically thisappear overnight. the truth is, money can destroy equally as quick. we need to be smart and control our emotions, make wise decisions, and be happy with your earning even if it is not a million bucks
high risk high reward. in my opinion, the hype train is just starting. big things could be coming. do the research and watch your investments closely. i'm holding.
only the start plenty of growth!
if we base it off of doge, a week before the newly appointed shib day.
56 mill... idk if i could hold past $.01 that would pay off my house.
yes, i am watching my portfolios and i am prepared to take action if necessary. i am holding some amc and gme too. i like to live life on the edge! i bought shib when it was released on crypto.com. it dropped quite a bit after that, but now it’s looking good!
can you not do the math? ,000,000 at shib being .01 is 200m shib.
remember when that looked impossible for doge? that's what caused me to get in on shib early march. now i own both but am happy with the 20+ mil shib i have now.
fu k it dude, 10 sense
i find it interesting that shib is already much higher than doge, percentage wise over the past year. wouldn’t it make sense for investors to pull out of shib considering it’s already over 65,000,000%. in a way it’s already more successful than doge, are people actually thinking it can go higher?
my ‘yacht’ is a live-aboard catamaran, about ,000 usd. maybe not everyone’s idea of living large but it’s my goal to be independent and sail the globe.
1 billion shib at .0000005
i’m hoping that’s the end game for the whales that own like 80% of the entire system. there’s going to be a ceiling on this coin… they’re gonna have to burn trillions in order for it too keep gaining value.
seems like it would take that long to burn but if amazon or some big conglomerate adopted for payment we might be surprised
i know, but i hodl.
i've put £60 into shiba and hit £230 max - people are selling profits right now so i'm down to £214, but i'll keep holding. ' i'm excited for the future and if it does not make it anywhere, it was only 60 bucks and i had fun \^\_\^
would you look at that, all of the words in your comment are in alphabetical order. i have checked 323,380,720 comments, and only 71,726 of them were in alphabetical order.
yes but did anyone seriously see doge hitting .70?
bout as long a shot as me seeing 80. its worth the try lol
biggerentertainment.com 64m burned in a few days just for listening to their playlists.
you are here so congratulations to you as well!
yep prob same as doge, but everytime there is a ath, it keeps getting higher so… shiba is a bit weird i geuss haha
ignore all this talk of hodl, lambo,moon etc...utter stupidity. this is literally a gamble, alt coin...shit coin whatever. do what you gotta do. i know why i am here. good luck to everyone.
hodl!! time in the market beats time-ing the market. this is the way. :)
i am not for investing in meme coins, but this community has a good attitude and drive, you would be a fool to pass it up.
nah dude people in here literally have no idea how market cap works. for it to equal bitcoins market cap it would need to be at .0025, for it to equal cardano it would need to hit .0002, those are much more realistic expectations.
you will need to burn 99.9% of shib. if everyone hold, there is no burn...
it's fixed!!! thank god!!!
i cannot get in my crypto app at all. during setup the copy paste "secret number" fails everytime
greedy people who don’t realize how markets work. everyone with any decent amount of stake in it will pull out well before .01. every gain requires loss. the losers will be the ones holding out for a meme coin to be 5 times higher than the current global crypto market cap.
this all i can bro, that was all my spare money
it's only that way because unfortunately most of the shiba holders, have that .01 mentality. every forum i've gone on everyone says the same, thus making that the number that most people will sell off at, when it reaches, because it will reach. instead of instilling that mentality into people, make people buy or try to persuade people to buy. the more that buy, the more it goes up. stop having that poor man's mentality. you have to aspire to be great, and it will come.
i know all the amounts of it available, etc. burns will continue to occur, thus bringing that amount much lower. patience is key my friend
we can achieve anything as long as we work together, your goal can start at .01 but if it breaks that, then what? just gonna stop? or we gonna keep flying and see how high we can get? .01 is realistic, .10 is possible, 1.00 is a dream, and 10.00 and above is outer space. all is possible if we keep pushing. we can do anything united.
i have coinbase but it won’t let me buy. i said i had to download coinbase wallet but still doesn’t show up on that either wtf
absolutely man to be honest i’m down for the long haul if it did just crash 100 on a rug pull isn’t a huge problem
well do you know lot of people that owns 150 000 000 of doges ? because just on this subreddit there is thousand …
that would give shiba a 4 trillion dollar market cap . i’m realistic . that never going to happen . shiba will be thiscarded . be careful
same i'll sell maybe 15 million coins at 0.005 and i'll let the rest sit till we blow past a penny
hodl for. 05 not. 005 hodl
lol that’s still the 100 mill club bud. i’m holding 120 m don’t make me apart of the 120m club lol
when is gets to .01. how many coins do you need to have 1 million dollars? does it depend on when you bought?
calculate the exponential burn... it's really probably more in his favor than not. i mean, tell that to the guy that blew 8 grand last year and caught a 6,000,000% gain
wish i knew about that when i very first said to myself "buy shib" because it had 8 zeroes then... not complaining though, i've done well on this anyway.
same! back in march 🚀🐕
i i'm waiting for it to drop down to that range again, and i will put a little chunk in. but, it keeps going up, so how long do i have to wait? i do not want to invest now, i'm afraid of the drop. hmm.
im in same wallet but i plan on rolling it to eutherum or however you spell it if it hits a penny from that exchange.
i miss 5 zero days but can’t wait to see 3
oh i don’t know when it will dump i just look at the psychology of the holders. seems like no one is interested in it’s longevity and want people to join the bull rush to maximize their profit. new people entering may be lucky or unlucky depending on the size of the run. but i will say there will most certainly be losers when people sell off. only question is when. in other words this is a pyramid scheme… i’ll hold regardless because who know when the next run may be but i will say doge at least has a dedicated base that will keep the coins floor in tact. can’t say the same for shiba. thanks for the respectful convo btw
people are already buying houses out of it
138,500,999 since march, and i do not see why $.01 is the selling point for everyone. all that is going to do is make people sell at that price. stop promoting that nonsense. you hold until it hits . be a leader, not a follower. i think .00 will, ans should be a better goal to set for it. that .01 nonsense is for the birds... hold!!!!!!
im 100% with you. i watched and laughed at doge since 2017 and still do but mostly because it actually took off. we have massively more coin than doge but if these burns keep up who knows 🤷‍♂️
there are far more . .01 is a pipe dream.
i'm skeptical as well but who honestly knows at this point lol its crypto
sounds awesome friend! by that standard you only need 🙂. but maybe yours is easier to maintain than a slurgy yacht
there's a lot less doge in circulation... i do think a penny is possible, though, and that would be my down payment on a nice three bedroom :) and maybe a pet rabbit.
it hit 70 for like 2 minutes. i bought in at 24 after it dipped and floated between tiny gains and losses til i gave up and moved to shib at .000008 and its been a ride.
i agree. only exception would be a massive burn which who honestly knows if that'll happen but hey
wasn't there word of planned burns from the devs?
hodl do not sell at...05 is the shibaarmy way
you are missing the fundamental point here. there are ~400 trillion coins in circulation. at -5 times the gdp of the entire world or 400 times that of bitcoin. there simply isn’t enough money in the world to support that price. you have a very simplistic almost childlike understanding and i sincerely hope that this doesn’t cause you to get burned.
are you volunteering to send 99% of your coins to a dead wallet? if 10 billion coins are burnt every day it would take ~109 years to burn all of the ~400 trillion coins. which would essentially bring it down to a number comparable to bitcoins 22 million. how long are you planning to live for?
the math at the present time is correct but did we see doge hitting 70c?
117 mil rn. down on original investment a little bit, but i believe in it as i made 6.5k into 10k in my portfolio by swing trading it after taking profits out of eth. i think that once it hits .00014 i will take profits as i will have made enough money to be happy with my original investment and take the majority of it out and diversify into sol and eth as well as picking up some more shib after the whales are finished selling. since we know that they bought in at around .00007 they will probably want to at least double their original investment before pulling out. i am always going to hold shib beginning from the end of this cycle and throughout the next one though.
might as well wait to penny. unless you got financial responsibility kinda shorting yourself
yeah i was just trying to be specific sorry to offend you ya god damn fruit cake
100mil coins for mil at 1 cent. doesnt matter when you bought that just changes how much you pay for the 100mil coins. lower price cheaper to buy the coins
100,000,000, when you bought does not matter. 100,000,000 multiplied by 1 is 100,000,000.00, multiply it by 0.01, and you just move the decimal point over two numbers.
i bought 100m average ,044 a week ago
yes. that's what winning the lottery means
wishing i had done it sooner! i did not invest till may d;
dont wager any money you couldn’t do without :). i went in fully expecting not much, but loved how the . so tossed in a few hundy 🚀🐕. good luck!
that’s my plan if it hits 0.005. i’m having an issue tho with the swap feature on trust wallet. for example if i wanted to swap my shib for eth i would approve a 100% swap then it would go through but the result would be 0 shib swapped and only the eth gas being used for the transaction lol.
same! i’m still buying now every dip!
thats cool, i cant yet. maybe if i would've went all in 3-4 months ago
you do you, i'll do me
and since it is been around, 50% has been burned. imagine if it had not been. what it is at now would be a seeming pipe dream before that.
that’s actually very close to my calcs. wanted a total of 500 million shib x .01 = , you know with taxes and such
reddit named me forward ambition. i have to live up to it.🤣🤣🤣
ye i'm holding 150mill, gonna buy when i can
no, do your dd. shib can still grow, i am bullish, but to believe that it will go to .01 is irresponsible
shib s.till h.odl’n i.t b.ih
or 100,000,000 * 0.01. simple
lol. i think too you can link it to coinbase wallet as well
its a stretch i know, but who also thought doge would ever reach .70?
yeah i wish i could lol but coinbase literally will not allow me to use their service. (long story) 🤣 so i use binance.us
...or fortunately... in my pov
yea, but be intelligent, some poeple also thought doge will reach , , or . dont be like those.
opposite here. i cannot use [binance.us]( because i've been waiting for verification since spring. not sure what the heck is going on there.
never once thought that was possible lol
what i wanna know is, can i send my shib to binance even if it’s not yet available to buy there?
do what you want. everyone has a different risk tolerance. i just want the shib community to be well informed because i love all of you.🚀god speed
shiba with my 12 m coins are going up!
why isn’t there a +100% option???!
i don’t think i guessed correctly lol
link does not work for me
i hope youre not lying, otherwise i will have to kill your hamster.
looks like a repost. i've seen this image 2 times. first seen [here]( on 2021-07-11 89.06% match. last seen [here]( on 2021-09-03 100.0% match feedback? hate? visit r- *i'm not perfect, but you can help. report [ [false positive]( "q4l2ht", "meme_template": null}) ]* [view search on repostsleuth.com]( --- **scope:** reddit**meme filter:** false**target:** 86%**check title:** false**max age:** unlimited**searched images:** 253,181,555**search time:** 0.5496s
the arrow is pointing to the downvote! very noble of you to take up this downvote endeavour so we can all be millionaires
1 billion shibs will make one millionaire at .001. at .01, 10 million dollars
i need this price 0.0016789
didn’t i tell you guys xyo was going to the moon yesterday?
only 1k ppl are millionaires 😂
hopefully we can get this bad boy to moon.
really - im late on my cell phone bill
the big short' investor michael burry thismisses shiba inu coin as 'pointless' - noting the dogecoin spinoff's supply exceeds 1 quadrillion coins ' [
very clever! you should open your ad agency!
i pray it happens
accumulate atleast 1 billion shibs: million 💸 💵 💲
anyone experienced with coinbase? i transferred some shiba inu coins from my metamask wallet to my coinbase shiba inu account. the coins never made it to the account and coinbase is saying shiba inu is not supported by them but on everything else i see says that it is. can someone help? coinbase sucks to communicate with.
55m coins. let’s roll.
choo choo mf's all aboard the shiba inu express!!
you know i hope your right
i like this post !
cmon man we eliminated a zero this week
spot on we’ve knocked off 4 zeros since january
ik this is bad. but i went it to go down now so i can buy more shiba 😩
alright, honest question…price predictions everyone?
anyone believe we could get 0.01 or higher out of this?
i have 4.4million on crypto.com i guess i will need the crypto credit card 💳 lol ??? suggestion
need a few 0 drops
but will it blend?
i’ll eat his hamsters children
leave the hamster alone!
i might know a guy
to the moon my friend
not on my screen 🤷🏾‍♀️
you have a b shib?
oh no keep your access to coin base application
i’ve made a shot ton so far so who cares what he says
i hope we can prove him wrong
he shorted bitcoin at 30k
he’s weeks or months behind on his intel
the value is in the ecosystem and burning will be part of the supply reduction. it will become increasingly deflationary.
they support shiba. i have metamask also where i keep my leash. i just transferred 2 billion shib from coinbase to my ledger x. holding offline 🚀🌚
we make a good team
so transferring from metamask to coinbase shouldn’t be an issue then, right?
it’s the famous mike tyson line to lennox lewis before their fight many years ago
iconic duo killer and eater back at it again
yes i transferred from metamask without a problem. i was worried transferring from coinbase to ledger with that much money but no issues either.
lose 2 zeros by new years eve.
i’d get musks face on my ballsack
like seriously how do you let one man dictate most of the major crypto market lol
if elon can get shib to 0.10 cents, i'm donating ,000 to a dog shelter, opening a business and opening an animal shelter myself. no joke.
i’ll get musks face on my ass where my asshole becomes his mouth.
shiiiiit if elon can get it to 1c i’ll buy 2 of his most expensive model s.
if elon can get shib to .01, i will shove his mars space ship in my a$$.
if he get it to .65, i'll use half to buy all his tesla shares
let's just get this coin to a dollar.
as soon as shibaswap comes out it’s going up. be ready!!
i 2nd the tattoo but i got no ass at all but i’ll be a millionaire.
he is the way. attention is the most valuable asset. if there is a way to get it to .1 it’s him.
lol this channel is funny :)
you forgot to add, and be signed up for a trip to the moon.
i’ll buy a tesla if he get it there
we dont need his crap
id get musks ballsack on my face
as if he’d give a single shit. lol
if we make it to a penny i will get a shiba coin tatted on my hand
now if it gets to a dollar i will s*** the d**** of the first men to land on mars
get it on your forehead! that’s a challenge
me too. i haven’t gotten a tattoo in 5 years. i would definitely get a spacex rocket on my ass.
if shib hit 0.01, its cap would be like 10x that of btc's at its peak. that would be half of us gdp and like 20% the value of all paper us dollars in circulation worldwide.
get it to .10 and i’ll name my first born elon, second born musk — regardless of gender. lol.
this made us tank lol
stop cucking for elon
ill tat my whole stomach of shiba coins if this happens no lie lmfao
is going down for real! we the social media, we the people, we are the contributors to the wealthy people. *you 👈🏿👆🏿👉🏻👇me* we are the problem to this incredible hope ‘crypto’. how can some people claim that they have created shiba inu to kill dogecoin? how can elon musk dump bitcoin thinking he can easily favor dogecoin? and we all support these evil, devilish and selfish mindsets. we killed everything!! some of us supported the moron that donated trillion of shiba inu to indian relief fund. we wait for dogecoin or crypto currency to shoot up but we will killed it by our support to wicked individuals. we point one finger on one person forgetting that the remaining fingers are directed to us. yes, we better think!
no thank you. this is not doge manipulation we dont need elon musk doge fanboy
bruh if it hits 0.01 cents ill do it to bro on mu right cheek
shiba at 0.01 could change my whole damn life honestly
i’d get a falcon 9 on my penis
after shibaswap comes it going to 50 cents
i'll fucking buy the space x
if he could do that, i would buy 4 tesla roadsters
if he gets this to a penny, he can have my wife but i keep the dog.
dude, be careful what you wish for!!! im reminded of the dude who got boob implants because he made a similar bet.
i would do it too
fuck it me too
this is so retarded, it must be the way.
let’s stop mentioning that guy pls
shiba to the everest
someone delete this please. we’re good w. i wish i never got involved in his shit. first tesla and then doge. im outta both fyi but man do i miss my tesla stocks loool!
musk is a business man and all businesses are about making money. at least his businesses can make money and help change the world. i would like to win the lottery him and the japanese billionaire have going on it would be super cool to go to space.
i like elon but seriously china 10× more emissions than anyone. who really gives a fuck its for money we go down 20% china will be up 60% emissions. in the end it does not really matter.
let elon in! mans got the magic touch. don’t hate on the man, he seems like one of the worlds few super rich guys that actually cares. unlike jeff 🙄...
i’m gettin it tatted with him 🤣
good try but won’t work😅 the dogefather is loyal to his subjects.
gtfo w that bs
i will tattoo it on my forehead for 0.2
i will get 2 tattoo's in both side
even 0.001 would be enough
now that is a challenge.
i would too no cap !
we don’t do that here, king t'challa voice
musk is not needed
shiba and no one else
regarding this coin hitting 1 c... does not it need buyers if we all dump to sell at the same time?
seriously!?!?! i will keep my bum tattoo free but i will definitely buy more coins just to see you make a point t 😉
i'll second that and raise you that i'll post it on the world wide web...
he would not because shiba inu coin is just the 'made in china' version of dogecoin
elon musk do not thisgrace my spacex without dirty butt
ill do it too!
i’ll do exactly the same lol
forget elon! get off his sack!
so people are still waiting for elon to pump and dump the crypto market...
i'm in... add my ass to the list
i will get it on my face
i really wish people wouldn't take him serious when it comes to crypto.
ill pay 1m shiba to someone if this happen
shit if it hits .10 cents i'll get a shiba riding a rocket to the moon on my back
id tattoo my peepee to look like a crossover between elon musk and a elephant
i will literally get a tesla brand on my asshole
you will never had one
yo straight up, i'd do it too. i hold 18 million shiba. better yet, get it to 10-20 cents, i'd almost get a face tattoo. i'll get tesla. full walking ad. 1-3mil is definitely worth that.
same, i swear. i got 20 mil. lfg.
that would be spacex to the moon right?
bet! i’ll do it too lol
how in the world can i get shiba in nyc strict regulations and i don’t want to miss out again pkeaseee helppp
guys... i’m a tattoo artist 🤣really
i second the motion. i will join you. soooo elon, let’s get it!
exactly. if it hits just .01 i will be sitting on quite a bit (not millions but i would be happy)
how can people in the us buy shib
i will get it on my balls with the god given rocket above it, 🤔 if not we will crash tesla stock, like you did with btc, both uses the same source for energy i suppose it’s only fair if one goes down the other should follow! and for crying out loud keep your thistance from trump, you two have different level of intelligent.
they already tried this bro. we have elon’scum coin, elonsballs, elon’s every single genital part as a coin but didn’t work out 😂 we need a better strategy dude
i will get elon tattooed on my ass of it hits .20!!!
yes if shib gets to 1,000 to st jude hospital.
i shib hits .10, i will start a non profit to end homelessness. i will, purchase land, and utilize a large cement based 3d printer and make homes for the homeless. upon ending homelessness in the state i call home, my non profit will move forward through grants and further government funding to other states. with said goal in mind. each transitional home will be branded with a plaque, “made possible by shib.”
get it on your face…where everyone can see it.
sadly, it is not likely to get that high.
i'd tattoo space x on my ass and elon's face if it hit
at this point i’m getting a musk sleeve if this happens
no one will ever see it though
if it goes to 0.01 i’ll get “el” on my left butt cheek and a “n” on my right butt cheek
if musk accidentally announced that he would accept shiba inu coin for tesla in the near futur , it would probably get to 0.01 by january 2022 -
wont be long. tattoo coming, tattoo coming
don't you think your sack is musky enough?
my tattoo artist would be able to do this for u
you do realise at least one person will screenshot this and you will be held to this. i’m sure uncle elon would oblige too.
wow i would pay 😝
i’d do it too, easiest money in my life.
this won’t age well
and you do not mean a tattoo, right?
if he gets it to one cent i’d get his face blasted on my chest
no where does it say tatoo, he would just get musks face on his ballsack
with posts like these . the others fall for it as we can see in the comments, cheering elon on, clearly being influenced by a single tweet from the guy
not good. it should be the people as a collective with the power
speak louder for those in the back!
as long as he can let us make some fortune off of it
this is the kind of heart warming comment i like
i'll match your donations...
i'll match your 20k donation.
i’ll match you on everything, now thing is how do we get elon to tweet about shiba👀
naw see this guys wants to do this anyway
i would hold till 2 cents and buy 4. lol.
and a shitload of stock
i would mod a tesla into a delorean body with the gains of my 100m shib
man elon is not gonna get shib to 1c. if there is a chance it’s the community who holds it can get it there. and if everyone burns 98.25% of their coins
i'll then remove it and use your ass juices to lodge it up mine as well
fuck yes no elon here plz
if it gets to a dollar the earth will collapse lol
anybody know how to get to mars really fast?
a friend and i were talking the other day how elon musk is the anti-rich rich person. he doesn’t seem to care if other people build wealth and doesn’t seem threatened by it at all.
why did he buy btc again?
for 0.5 i wil get it on my sack and show it on twitter
**enough, even 0.001 would be.** *-corona5567* *** ^(commands: 'opt out', 'delete')
i'll second yond and raiseth thee yond i will post t on the ordinary wide web *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i'd tattoo space x on mine own rampallian and elon's visage if 't be true t hitteth *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
take your imaginary award since i have no real ones.
if .01 your tattoo artist will be contacted by me
just no foreplay 😉
man i hope elon is this prideful and makes this happen.
ild pay 1000 shib when that happens
if shiba got to .10 cents i’ll match your 20,00k and adopt a shiba or two.
awesome, we need more people
if shiba gets to .007 cents i can make that donation
😂😂 i’ll keep dreamin baby!
i think this ones now thisturbing than the first... moving on
he is the way. attention is the most valuable asset.
let’s make it happen 🥰
i think it’s because he understands that wealth should be shared and not hoarded. why should thousands struggle to earn enough to eat, while the few hire people to hand feed them like baby birds? with that kind of mentality, why should we hate him? he was trying with doge for the people, he could do the same for shiba. just like doge is the people’s coin, i think shiba goes along those same lines, don’t you agree?
maybe to go into business together and solve each other’s problems?
if shiba gets to 10 cents i'll donate half a million to a children's hospital and half a million to a animal shelter. half a million to a woman's shelter, half a million help feed and cloth the homeless during winter. pay it forward !! good karma
deal, we should all give back to an animal shelter.
dream can become a reality. i'll keep shibas for 5years, 10 years. i am confident with this coin.
we got vitalik bro, we good, good
he did it to make money for himself not other people. stop worshiping people like this, he takes advantage of his popularity to make money off you. the man want to put his car on the moon because of pure vanity.
if shiba gets to 10 cent, i'll run naked around the white house lawn
deal, ill donate to the koala healers here since im australia and they were heavily impacted during the bush fires last year but covid news have over shadowed it.
ok but he’s also started a company intended to make electric cars cool so we can stop destroying our planet burning fossil fuels. sure he wants money. he’s human. but he could have taken his paypal money and started another fucking investment fund or traditional car company or any number of other business’s that aren’t good for the world. now before you say anything about cobalt mining - yeah i get it. but the battery technology will advance and at do away with the need to mine for harmful shit, and in the meantime he made every jerk want a cool electric vehicle. that’s making a change for good. is he a dick. yeah. is he an asshole? yeah. do assholes produce the best shit? damn skippy.
fellow aussie here! kudos to that my dude! i'll join you in this.
so we will never be able to stake shiba inu?
he makes an over valued battery company so he gets a pass? nah he’s trash
stake it at crypto.com. got mine staked 2% apr. earn for simply hodling. use my referral link to sign up for crypto.com and we both get :)
go to shibatoken.com read the woofpaper 😁
yeah were you out up coin and they give you back a certain yield?
go fight a cactus
i’m still confused please explain more sorry lol i’m new
imagine coinbase listed it
omg that would be perfect
this is what i’m waiting on 😂!!! hodl!!!
more platforms the better!! 🚀🚀
shiba inu is listed on crypto app
shiba uni dont for get time to make money buy know let us take shiba to the galaxy 🚀🚀🛸🛸🛸🧿
people need to calm down. doge didn’t make a lot of money for people right away. it took some time to gain traction. tons of people don’t even know about shib just invest and wait.
it's on sale now. shib is back to where i bought it. part of me is like fuck the other part of me is like i could have 62 million instead of 31 million shib 🤔
perfect for? the number of coins is too high...the market cap is high as it is now...i do not think it will increase too much...be happy if it will go to 0.0001
shib shib ftw baby!
it’s low rn am gonna buy 5m
could be sooner hang in there
bought a ton on crypto.com.
this aged quite well.
just bought some but i’m late to the party - what’s going to be the next big meme mover?? answers on a post card
perfect for what ? this shitcoin just dropped a third of its value over night lol
shib is to expensive in fee
i’d like to see it on exodus to store
is there a fee on all platforms shiba is available?
it's down over 30%. back to square one!
for the time being. here's an easy way to buy. hopefully we recover from this sell-off.
it’s an experiment they said so that mean we are (who bought coins is an experiment) if the dodge made it why not shiba that is not made for joke!
i personally think elon knows he can’t do both, mars and crypto. so he’s going to let eth founder work with him as a team for eth and it’s branches. just how i’m thinking
ahahahh as predicted...is a fricking scam like coin...the dev just dumped the wallet...i dont thik we can see today's price sooner...maybe 50% loss tomorrow and so on.
i'm down 50% since yesterday
elon posted a shiba inu with a kraken necklace. thats why i believe this will never happen. elon has some connection to kraken, so they will never support a dogecoin 🤬
how do you buy shiba in ny
you can on crypto.com
you can buy shib now on binance, if you wanna start getting in you can use my link, and enter a huge prize by binance! shoot for the moon 🚀
just brought another pack of shiba home from the pound second dog in space
🍯honeyrocket ⚡️just launched!!! mooning!!! 🐝1,000,000 hnyr ➡️telegram: t.me ♨️ lps burned 🥞pancakeswap:
when is shib going up 😭
doge isn’t even listed there
can still buy it with coinbase at least
you still have hope ??
that's what people seem to ignore. doge has been out there since 2013 but they think ig made tons of money from one day to another. these kids really gets on my nerves
half of the coins are in a burn wallet, you don’t think that will help?
the market cap concerns me as well. this thing is already 24th place. that’s crazy for a meme coin that’s just popped up.
10 million or no deal
you talking about the correction?
send them an email
it was obvious that will go down more...look at the market cap...is too high for a fresh token
you high or what?
hi down 50% since yesterday, i'm dad! :)
not as down as joe mom *** ^i ^am ^a ^bot. ^downvote ^to ^remove. ^[pm]( ^me ^if ^there is ^anything ^for ^me ^to ^know!
be patient, remember dogecoin? the people who held it or a year or so were the ones that made a lot of money from it because it was so low when they bought it, people are still finding out about shib.
key word "imagine" but yea i play with doge on binance. i had 30000 on cryptopia and thank god i withdrew (before the hack)
you can not buy on shib on coinbase
yea, wtf? why would you sell. the tik toks do not have to stop. lmfao.
yes i have plenty hope that this rollercoaster 🎢 ride is inclining again soon hodl!!
not anymore they’re not
and ? do you think devs will burn them? i do not think so...ofcourse a profit can be made...10% is ok if you invested 10k $
maybe… maybe not 😂
thats so true!! okayyy. i’m gonna hold then. i have about 5mil.
for the record you can buy it on the crypto app
you can buy it on binance
you move your ethereum from coinbase to coinbase wallet and then you absolutely can
use my referral link to sign up for crypto.com and we both get :). shiba available
nah its just i bought 250 euro now its down to 100 euro xd how much did you bought ?
glad to see you again partner !! less gooooo
are they locking tokens used to stake bone when shibaswap drops?
5 mills as well here
that’s not buying...coinbase does not support buying shib...can you transfer yes but not buy
it only becomes loss when you cash out😎 thats what i try to tell myself at least
yes we gotta stay strong 💪🏽
yeah dont worry, cannot cash out with such loss, at least i try my chances to the end, im seeying lights in the end of tunnel
you can buy it on crypto app.
riding those dips baby. got 20mill now
i want to own enough that when it gets to $.001 i can retire. somebody tell me how much that is...
i bought the dip. but it keep dipping.
65mil. might buy more.
so 1 billion shiba at $.001 equals . so at $.00000884, i would need to invest ,840 to get to 1b shiba. that's going to happen just as soon as the hedgies give me my amc moon tickets!
-, must hodl now.
man i'll take . between amc, gme, doge, and now my new fling with shiba...something gotta start giving back!
i’m a veteran hodler! also, it would be a stupid idea for me to sell right now since i’d lose money. i plan on making thousands or millions from this crypto. i just bought a few million more and am sitting at 12mil. i wish i could buy more while it’s so cheap.
bought in the dip 5x and it keeps dipping! i know it will go up but depressed the amount is the same every time i put money in
i had 120 mil of shiba and just bought 80 mil more today. 200 mil now!🔥 holding strong
like if you still holdin💎🙌
not only holding buying more dips...
hell i am still buying
holding hard. holding long. holding strong.
75m holding like my life depends on it lol
are we holding for ? or what is everyone’s goals for selling... looking for insight cause i’m depressed as the dips keep dropping
started today with 8 mill bought during both dips now have 15
40 mil standing by 💎👐
sitting at 34 million, to the moon!!!! 🚀🚀🚀🚀🚀🚀🚀
287 million holding strong
got another 190 mils 🤑
me two l am holding on shiba
love the meme! awesome!
31.5m buying and holding! 🚀👊
got myself 4mil yo.
💎 🚀 🌝 hodl
we cannot buy from credit cards on binance
i bought more no surrender no retreat holding for life.
the way, this is... 10 milli in on the dip
205 mill holding strong 💪🐕shiba to the moon🌙
just bought 10 million more let’s gooo
🇫🇮 holding 77mill not fucking sell
got 10mil now love the dips
does it come in a tank? lol
i have no choice.
70% down but ape strong 🙌💎🙌
just bought 7 million more coins on sale today! no coupon required.
not holding. im buying more
still have 16 million
10.27 mill and still going up everyday
3 milly holding long going to buy more asap lessssgo
up to 14.8 mill :)
62 mill here and able to hodl forever if i have to! 🚀
any good shiba news out there? and upvote thread please 🚀
i joined the cause today, buying 7 million coins 💎 too cheap to pass up.
actually a really cool logo
from portugal shiba army hold and buy
this pic is cold tho
buying the dip right here 🙋🏻‍♂️ i've got more dip than mcdonald's! and if it holds out until next week, i'll be buying more 😋
39 mil on the rocket to the moon. gonna be awhile but i'll keep buying these dips
still holding? i did not sell, i bought more!
not only 💎👋🏻 but also buying more on the dips! one of these days alice ...💪👊🚀🌕!
holding a 100mill 🚀🌙
still holding and buying more.
61 mil was able to catch down to the 9 dip i want a billion coins
holding onto 64m so far
bought way before the dip at 60mill. im still hodling hard. i think its gonna be one long ride, probably 2-3 years imho
may i use your image for my profile pics?
i’m buying a shirt too!!!!
will continue to hold for years to come
everyone should still be holding... i never sold any of my coins, but would understand if some people sold off some of their crypto in yesterdays craziness... i actually purchased more crypto yesterday on the dips. shiba will have its day and those that held out and or purchased more at oh... .000008 :) will just help their own cause!
dude im up so many millions of coins after yesterdays slaughter... whe
holding strong with 15 million
buy shib buy shi
shib paid for my bentley
holding - 5 year plan
i’m trying to put 1,000 in shiba but can’t on binance or coinbase. any suggestions?
holding i am buying more
let’s stop aiming for 0.001 and go higher so we can all eat and help others out let’s gooooo! to mars not the moon all the way to mars
got 17 mil now 👀
41 million and counting
holding a good 177.5 million right now
shit ima buy more in a few days when i get paid
i am in it till the end either the end of crypto or until crypto retires me.
still holding on …. 😂✋💎
what's everyone's plan for there big winnings😁 just curious lol
how do i transfer my shib from crypto.com to coinbase?
holding and buying more! go shib!
or are you just into stocks?
ready to let this crap go have not made shit, keeps dipping.
how much you own or how much you want multiplied buy .001 and you’ll see how much money you’ll have.
same planning here got more than 7 coins in billions and trillions planning to buy total 100 coins in next 1 week...
a nice comfortable retirement you would need about 10 billion coins at 0.001
will it reach there
did you learn maths at school
how many coins you own multiplied my .001
there are so many dips
fuck it to the moon 🚀🚀
he’ll even at ,000 return that would still be awesome.
what strikes are you playing shibsoldier?
buy more lol. cost average into it
i’m considering taking from 33 to 100 m only concern is shiba vs ether etc doesn’t provide value and journey to 0.001 is a long run
mostly everyone is holding multiple millions of coins. i think depending who you ask 50 cents is a good stop for us to get off on lol
do some research on the amount of shiba coins that exist. will have to become the worlds best performing crypto for it to reach . reaching 0.001 would be good going
**holding on shiba, me two l am.** *-single-waltz-3634* *** ^(commands: 'opt out', 'delete')
the dip is looking spicy 🌶🌶🚀🚀
good vibes in this community why not buy the dip and join the fun 💎💎🚀🚀
🔥🔥🔥hope you enjoy the art and the tee 🚀🚀🚀
🔥🔥🔥hope you enjoy !
holding strong with 100 million coins
it’s literally impossible to go to even 1 cent. not enough money in the world to pay everyone out if it hits that. it may hit.001 but that’s it’s maximum potential.
🔥🔥🔥 hope you enjoy 🚀
yo what you mean, let me pay in shiba
i believe it will. out of all the coins listed on crypto.com, there is only one other coin that has not reached $.001 (wink). imo, shiba will take some time and some more celeb support, but there are so many of us who missed out on the big payday with the other coins, that this should be our ticket. not financial advice
they licked piss of the floor when they were little
don’t forget nearly half that will go in taxes
how is it impossible that’s what everyone said about doge too i mean i think a realistic value could be 0.01 at the highest
i imagine i will, i love that design
yeah! i’ll give you 500k shiba for a shirt. lol
not that evolved yet lol. i only know buy and hold. even when i read dd on options, i fail to get a good enough grasp to feel comfortable using my money that way. personally, i mostly buy cheap stocks that are not moving very much. in hopes that i'll bank up enough shares that one day it will pop and i'll make a good profit. otherwise, it is cash that is there if i ever have am emergency.
if you're not willing to make or lose thousands of dollars forget i ever mentioned options trading! lost 3 grand my first trade and figured out, this is not my ballpark!
that's exactly what i'm referring to lol.
lol! it was money i was willing to lose, did it hurt, of course it did! learning experience.
that's the first rule. only invest money your willing to lose. i always explain it to people as taking a trip to vegas, or a casino. i plan to take a specified amount of money to have a good time. i know deep in heart that i'm not coming back with it. although, there is a chance that i may hit it big lol.
i don’t own this coin. here’s a random upvote and comment.
haha. i just did this and got banned for 2 days from this sub. ended up with 1200 votes. bought ,500 this morning. take my upvote before you get banned.
can we stop with these damn posts. they’re just karma hoarders. if you wanna buy the damn thing just do it.
you’re almost at 10m’s
how about just buy it or you will miss out. 🤔
i too have made the jump let us wait for the moon and stars together!
so, if i continually upvote and downvote this will you keep investing or?
shiba army stay strong.
make it so! 😊
may the good bois be ever in your bork
take my up vote and my comment.
put more shib ! 🚀🌙
pump and dump, index strachu 👍
you're going to be a poor bastard short term but a reach shibillionaire long term.
[ my post did not get any attention unfortunately, but i'll still stick to my word, 10k shib per like, will post proof within an hour if needed
just bought another 7.5 mil
too late to comment?
so you're telling me, this comment i'm writing is worth 50 cents?... interesting...
please help make the price go up
spaceshib to the moon
you got this 👍🏿
and buy and hold
remind me of this sweet shit
good luck to you 🤞
put more money into it!
your crazy and i like it.
this is a comment.
i could care less if you buy more. i'm buying more and i do not want any up votes
and for every upvote they will donate 1000 shibas to me c;
you could join in, .50 for an upvote?
may that shit grow into the 6 figures
this is the way. shib strong, we should mint a limited edition coin for all hodlers in defiance of our haters calling us shit coin despite having our own decentralized exchange with utility only growing in cryptos forthcoming years. a coin or something limited, to 50-75k so we can recognize each other when we make it as the og hodlers. make it personalized with an engraving like hodling since 08jul21
thx bro much love
it's a wendy's sir
will update with pics (:
fuck yeah any excuse to buy more. let’s run it up
i get paid in 2 days and can’t decide how much i’ll buy, also bought some this morning lol
hell ya brother keep slamming every dollar you can into this project
7 if better then 6! hodl
and i was going to wait until this friday also, but couldn’t resist! haha
that sounds nice, we should also make a secrete handshake, or like how the crips gang does it, make a "skiiirt" sound when we see each other, or a shiba dog bark or something lmfao.
why cannot it be a carl's jr or a hardees? :d
i love this coin lol not selling for a long long time
promise with the catch that i have made a commitment to cash out after 5 years.
no reason not too ain’t no one making me rich. scared money don’t make no money
i’ll sell half at .02 then ride with ya 🤠
who down to pull a dollar into this every day until it hit .01 ?
i’m hopeful that we will blow past this and hit .50
i’m excited for it to hit .01 and i think it’s inevitable
bought 57,000,000 more just now
im holding til . people can say whatever negative shit they want but none of us know what the future holds. this went from a joke on doge which was a joke to now its excepted places, people are burning it, they are working on their own block chain and more. literally no way to know. theres no dip i think about selling on because i dont put money in investments im afraid to lose. i dont care what stock or coin or where you put your money...,000,000 today. ,000 on shiba august of last year is ,000,000 rn. buy, hold...wait and maybe it goes to zero one day but maybe it makes you a millionaire. imagine the regret people feel who sold bitcoin and doge and whatever. dont be one of them. id rather say someday "aw man my couple hundred dollars didnt make me a millionaire" than "i sold for a couple thousand and couldve been a millionaire". my opinion is fuck what anyone else thinks. only you know whats best for you and what you want. im holding til millions or zero and idgaf what happens in between.
i will hold some of it forever
10 cents thats diamond hands.
im with you bro! we should get the whole army to hold. we can do .
i am with you! i am setting up a coinbase to invest rn! :d
i'm staking all my shib every 90 days. i can live with a free . not even thinking about selling until 0.001
i promise you that i don’t believe anyone that promises
see!….someone with gumption. let’s do it wise monk!
dude, i am holding till 2035.
bought 10m in march or so and forgot about it. will purposefully forgot about it again for 2-4 years
hold it to the moon!!! 🚀🚀🚀
lets make this coin worth something, hodl. sitting on 120m.
well i am new to this but ill either lose a few hundred or make a few hundred thousand. i prefer choice b
i got 3k in the fight!!!!
i'm holding long enough to where i can tell anybody i know to "fuck off".
holding at 21 million! already doubled my money. plus this group includes my 2 sons and their mom who are combined around 42 million!! i'm the poor one of the bunch so it will set me up financially if it hits one cent!! we are all holding strong!
all in!!! 1b ✊🏼💎
kicking myself for not buying in more when it was lower. still managed to pick up another few million during today’s dip though to add to my portfolio.
depending on momentum when that day comes i might let it ride to .25 but i'm sure there will be selling like crazy at .01...dunno.
same in canda we got 0.00005732 to go before it drops a zero to be 0.0001 so its climbing
i am not a patient. i am a millionaire already in patience. 😂
when it hits a cent it is going to spike to more than 50 and that is my goal, i mean to hit the spike
yup i am in till 10 cents!
i think we all are bud
1 dollar for me!
i am with you. when do you foresee it jumping to 0.1? in my mind it is inevitable but not sure if it will be years or it will be within months. 🚀
that is why i'm staking, do not want to be tempted to sale.
i only had 32 million and i sold all of it a couple of days ago because i was having some major money problems but now i’m kicking myself in the ass because i could’ve had an extra ’m not selling anything no matter what my problems are i’m just gonna continue to buy
if it hits .001 of a cent i’d have 30,000 of a couple bucks i put into it months ago
me with my 50k shib :)
sista holds with you. to the moon!
exactly aligned to my position
once we start to get real attention from the big guns the burning of tokens will pump the price up so i reckon we will hit the 0.01 a lot sooner than the doubters seem to think
lmao, if it hits 0.1, i'll probably be tempted to hold on beyond that 😄 but yeah, in it for the long haul 🙂
im broke, but i hodl around 10 mill, gonna invest more if i ever get the chance
doesn't .01 put the market cap over a quadrillion? significant burn will need to take place. so... let us educate and execute and keep buying.
let‘s all have a great journey to the moon 🌝
i only check prices so i can buy the dips. hold hold hold
i’m with you til the end!
we are here !!
if it hits 10 cents i'm calling a financial lawyer and asking how to limit my tax exposure because 30 million leads to about 10 million in taxes
no one! go to sleep!
been holding 2.95 billion for nearly a year. buying . let’s go, guys!! (and ladies!)
i am with you bro!
i am in...for the long haul. buying some during the dips as well.
holding on ss since day 1 !
same here not going anywhere for 5 plus
purchased twice in september and three times in october. i'm holding!!!
bought my first crypto yesterday and ofcourse i had to buy the cutest of them all. lets hold. voffvoff!!
i'll hold as long as it takes
i’m committed until at least 0.001 and will re-evaluate at that time. 💪
this is a revolution!
i’m committed to make some gains! love the profit shiba has earned me! and love love love the shibaswap 😍
i’m in. i’m talking everyone i know into it.
the way i look at this: since we have four zeros to lose and assuming it takes apprx. 1 year per zero, then that means by 2025 we should be at 1 dollar ... (un-likely) ? as i post we are at 0.00004277 and to be very honest i am happy if we lose 2 zer0's i know the market cap would have to be insanely high to achieve 1 dollar so even at half penny would be a great reward for those that hodl long term... you are all amazing and i believe in you!
mined 5k already today mining till i can’t mine no more
got a cute 14.9mill just happy to be holding for mine and my gf’s future ♥️
no you ain’t lol
fucking sick! im in!
you can be patient all your life, few shibs will not make you multi millionaire. guarantee!!!
after we eat another two zeroes i’m gonna sell some as insurance but most of it i’m gonna hodl with you 🙌💎
i’ll keep hodling and buying more then whether i lose or not idc.
absolutely! i would not be a millionaire until it gets that high.
unless everyone's expecting this to just burn out right away 0.1 seems even low. i do not have any particular timeline or target in mind currently, just got some shiba sitting for now.
not me it has to hit at least 100 dollars per coin.
i’m holding out for a quarter. but i’m with you on this too!
jump on the train and shut up
we need to talk up long term profits -. take profits along the way, by double investing and showing your support for the community. with this family we have a great dev team and creator there’s no limits on what we can accomplish! we can take over crypto and the world!! ok a little bullish but theres power in a large family that want betray each other. kinda like bitcoin but opposite the billionaires greed hold it together but we live by a better code, love for our family. the ones without the billionaires prestige. we are the ones that start at the bottom and our commit to our family is stronger, through blood sweat and tears for the money we invest!!!
just bought , will be buying 😌
i’m with you. i don’t have much just 16mil when it goes to 0.1 about how much does that equal to
i will sell 3.01 and buy the dip that comes after it. if it’s hits .01 i will be a wealthy man along with all the others keeping faith
to the freaking moon!!!!!
yuss. i am with thee future rich bitches.
i will hold it even further,why not?? think about it it makes more sense,we just do not want to pump and dump...
i’ll wait til it hits . till then i’ll keep buying and burning.
will still hold , i’m trying to live off the apy
hodl at 125 mil and still buying more. the profits pretty decent. i think at a cent or two i'll have my first million. i'm hodl until the wheels fall off.
fuck yeah. at least 0,50
when it hit’s .01 remember to sell some to get some of your profit, and you can leave the rest in if you want to hold, but at that price shib will drop drastically because everyone will be selling and it’ll take a while before it comes back up👌🏽
sunday may 9th, 2021, i invested .000009, which got me around 110592773 shib. i am glad i held this long, my , i am looking forward to see where this goes 😂💀‼️. at .01 imma sell some and for the rest…… imma leave it in and produce a shib baby 😈🤣
he who pulls out at .01 will regret it when this baby gets to 0.10 . a friend of mine got me doing crypto when he showed me his doge, he said he wish he did not sell it at .03 😅. yup there will be sellers at .01 but i’m holding mine much much later💎😎
lmao did you buy over 34 million shares
remember the history of crypto no one believed bitcoin, now it’s at 60k+ . doge was just a joke it has no usage except from a word of a billionaire that who keep saying to the moon and the bitch almost went to 🤣.shiba on the other hand will be used in time and i believe it will be worth more than .01 . i do expect whales will sell just before . 01 but i’m holding for much later. i got mine at 0.00000031 and when it dip in july 0.00000006 i bought more😅
i'm hodl til at least . i'm trying to retire early, take care of my parents and my wife and eventually kids.
how do you buy? tried coinbase can’t add funds , i’m getting an error everytime.
we are with you shib brother! ✊✊✊
hopefully we hit another zero before 2022
yup, you can count on 3 of us just off this one comment. best thing to do is make you a lil group of friends with your co workers and work as a team. thats what we're doing!
i'm holding 700 million shib and will hold with you!
damn right!!! hold fast!!!
i will hold until .01 if it comes to it.
word to my mother
zero hear it comes when people make promises like that on a meme coin.
so help you god...
i'm all in i bought 85m after the last spike and drop i'm going to ride this roller-coaster to the top taking my investment enough profit to clear my books of debt and re investing for staking a portion. then going to live my life with a little less stress and alot more enjoying the little things.
been here bruh grab a beer and kick back
you know how many people said dogecoin will never reach a penny and then it did and i sold before it did the money we with on shiba is money i’m willing to lose and go to the fucking moon with we will reach a penny plus in due time also a lot of people are burning shiba coins i even read there a playlist on spotify that burn them as you listen to the song + all the people are are sending them to wallets that don’t exist which is burning them and on top of the people who made shiba will burn more in the future hold the line diamond hands
100%. i was all in before the big correction today and was looking at the chart falling and laughing.
this is the way. once i have enough to pay off my student loans, i’m pulling that much out and holding the rest.
i'm totally with you mate :-)
no point of selling rn. hold til i'm financially free.
kinda addicting to buy more. will hold for long term. hope i get to retire within 5 years
i got 11 million coins so lets do this!!
21.5 million, small apes matter too
i’d love to but i need to be more conservative with what i’m investing since gas is getting expensive and christmas is in 2 months. edit: screw it i’ll put some of my paycheck each week into it.
40 mil shibinu hodl - diamond hands
if it reaches .01 i’ll have made . i’m definitely holding all of mine.
i want to hold til a dollar so i can at least cash out a couple mil to reinvest.
okay. convinced my wife to invest more. i only have 1.4m coins right now. gonna try to get it up to 20.
these are so annoying. makes me want to sell
in 5 years you would not need to cash out you can live off the % you make off it...my buddy had 100k bitcoin and he lives off his %. he has t worked for 4 years now.
i am with you!
ive committed to hodl it for at least 2-3 years! depends on the price later might hodl for more
see you there my friend
that’s not promising what op said.
patience pays. buy and hold and you going to laugh all the way to the bank.
i do 25 dollars every friday, i will be doing this for the next 2 years, fingers crossed we see some big movements in that time
just found out you can only do .
that would send shockwaves in the crypto community. you be one few that got in early and came out laughing all the way to the bank.
i am exciting for us make history and shut the doubters.
with the rate it’s going up yes
my dude. i own 77 million shib. but you have to realize that it is never going to hit .01. it's just math. 394 quadrillion coins at .01 is 3 thousand trillion dollars. currently there is only 40 trillion dollars in circulation in the entire world. it's still a great investment though. edit: it should be 395 trillion, not quadrillion. so that would make shib worth 3 trillion, which is much more possible.
my man! i might buy more in the middle of the night when everyone is sleep.
i too just bought another $.08 worth. to the moon!
you a truly warrior !you a beast. you are correct , only you know what is the best.
couldn’t agree more. avoid the naysayers. doge is proof of all the hype. i’m holding 202mln shares till a dollar.
you an animal! thank you 🙏🏽
i am telling my brother! we ain’t playing
thanks 🙏🏽 we can do this!
good idea... where can i stake my shib? my exchange does not stake...
i promise on my mama.
🙏🏽 why not us!?
that make 2 of us thanks
word up! i am holding beyond 0.1
just buy and hold brother i am with you!
thanks 🙏🏽 you the best
i am with you brother! buy mama a house! thank you and your family.
nothing can stop us!
don’t worry just buy and hold.
it all comes down to integrity my friend. diamonds hand 🤚 💎
word up!! let be patience and you’ll multiply whatever you have. hold and buy that’s all i wish everyone can do. when greed comes in your mind that what really fuck everything up.
patience pays. buy and hold.
i am in too! you my bro 😎
sound like a plan!
it all depends on everyone, is a team effort many people are betting on us to fail. fail is not an option we get there when we get there. buy , hold and repeat.
it is not going to jump within months nor take years. fast, steady climb to .01 with burns and shibarmy... then kaboom
i know! but in the long run it will worth it
brother you did nothing wrong you took care business. you took care your responsibilities like a man, take care your house 🏡 before you invest anything, i am not a financial advisor. let’s get this bread 🥖
word up! hold them!
welcome to the revolution, we going to the moon my friend!
thanks we need all the help we can get.
i believe that’s exactly what’s is going to happen! buy and hold!
punch yourself in the mouth if you are tempted to sell. buy and hold .
anything counts, you not broke you , congratulations you one of the few that is getting in early. believe we are taking this beyond 0.1 cent
yes with a combination of buy , hold and burn this will happen.
word up it going to happen
yes that the best strategy buy and hold
thank you you my bro now!
he’ll probably tell you to put in a retirement account, i am not a financial advisor. some people have overseas accounts that don’t get tax penalized. don’t listen to me. just buy and hold
you are a monster! 🚀🙏🏽
that’s the name of the game buy the dip and hold
thank you hold and buy , repeat
we can make it there if a man can walk on the moon why not us let’s this shiba to the galaxy 🚀🚀🚀🚀🚀
i am happy that your hold it buy and hold. thanks 🙏🏽
yes i motherfucking am!!
welcome to the club !
congratulations you making buy more now.
you are a warrior!
as we speak i am buying more non regardless if it goes up and down.
we all have to work as team.
all we got each other and we can change the world by not selling buy and hold beyond 0.1 . yes is 0.1 is low but we going to have individual that are going to sell and run. we can’t do this. we all have to be thiscipline and hold each other accountable . the power is on the team.
started on the bottom now we here, i am agree with you. punch yourself in the face if gives the urge to sell, we need to be thiscipline.
thank you! we going to the moon 🚀🚀🚀🚀🚀
that equals 1.6 million. buy and hold. no need to sell. we are taking this beyond 0.1 cent.
sound like a plan, just make sure if you sell you going to create a tax consequence. i am not a financial advisor. i ain’t selling, i am riding to the top.
word up! buy and hold
yes we have to believe and hold everyone accountable! we are ride this rocket 🚀 together.
yup i am not even looking at my account . just buy and holds
right on! thanks 🙏🏽
thank you! i know is can be a roller coaster! but we all this together
buy more and hold.
😂😂 buy your mama a house.as right now we all need to hold and buy. thank you
that’s very true. human emotion play a big part.
check your bank account that’s odd
thanks 🙌🏾 nothing can’t stop us.
i wouldn’t be surprise if hit 0.5 by december . buy and hold.
tf! that would make 4 of us i am with you!
thank you brother! don’t pay attention to the graph just buy and hold
🙏🏽 just buy and hold you going to laugh all by yourself.
buy your mama a house. just buy and hold
let’s me tell you there only 2 things i have in this world that is my word and my balls and i don’t break for no one. —— scarface
thanks you for riding with us , i ain’t selling for nothing. i want everyone to make money.
is going to be a roller coaster, people sell to get profit and then come back in when is dipping. if you going to do that you going to have tax consequences. is better to buy and hold.
i am buying more as we speak.
thanks brother! 21 a good chunk when it hit 0.1
thanks brother! you won’t regret it
thanks you . you got in early
sell then you don’t have to announce.
what does % mean in the context?
who is paying interest on shiba? can you stake it... ??? im just hodling along... :)
i may change it to 10 but hmm
join me for 5?
first round is on me
very true. i've heard atleast 1 story from a friend who knows somebody that made millions off of doge when it hit big but did not sell. he bought it around shiba's price so he up regardless but damn he could have had so much more. i was told he did not cash any of it out and is still holding it
i like that plan
what's a good value to cap at?
117 mil buying .
alright those who up vote this, let’s start this on monday 1 dollar everyday until it .01.
traded my ada sunday night for shib. stupid stable coin. stable my ass.
totally agree i hope burning will escalate
there is too much supply for this to happen
thats what i'm waiting for . even the doughters who said its a shit coin are jumping ship and joining .
some dude in 2009: “bitcoin will never reach !!! better sell now!”
the circulating supply is 395 trillion according to coinbase. so your math is way off!!!!
there is only 1 quadrillion coins not 394 😂
unless they find a way to burn a crap ton every single day
big burns coming, it will happen!
may i know , how much you put for 77 millions?
5 years it might hit 0.01 thats why we all hold for 5 years
this reminds me of the old zimbabwe currency, 33 us cents is worth 50 billion zimbabwean dollars.
your not deducting the burning
check the new burn mechanic via now payments. this will dwindle down the circulation eventually.
... except there was no bitcoin in 2006, sooo
everyone please hold and don’t make the same mistake i made selling doge at 0.06 cent
we will definitely drop 2 more 00 by. january
crypto.com is where i keep my shib
i hope your dreams are starting to come true monk!!…it’s been an excellent week.
oh, you do not like the car i got you? fuck off! oh, you do not like the house i got you? fuck off!! don't like the fuck off i just gave you? double fuck off!!! edit: thank you for the award friend, may we both have the power of fuck off someday.
yea they all got houses lol. i am the poor one. hoping to retire soon but am apartment bound. we are trying to spread the word to our friends and family, even randos i come in contact with lol. yesterday i was at car dealer and was telling the service guy to get shiba lol. i want to see one cent soon!!
nothing!!!! the rocket is launched 🔥🔥🔥🔥🚀🚀🚀🚀🚀🚀
considering my . let it grow to .1, .5 or even 'll be a millionaire. hoping for it to happen next year tbh
i agree and you’re right i just hate the fact that i could’ve had more money if i was patient but like you said i had to take care of business but i keep thinking to myself i should’ve use my credit card that had a ’ve made me 20,000 but i can’t go on if and when drained but believe this every little bit of extra money i get i’m gonna start investing and i’ll wait until it hits at least half of a penny or some thing to sell it it doesn’t need to go to one penny to make people a millionaire he just need enough money to invest
right now i have about 3.6 million coin still it’s not very much but eventually that will grow
yes i am seeing it...hope it continues
i'll pay fees and taxes without even thinking twice about it if i can net 20 million. just let me accumulate 20 mil in real cash 💸 then i'm out.
no need to thank me, it will be my pleasure to go to the moon with the shibarmy
thank you with your very wi$ i believe in you... take care <3
thanks, and i’m actually selling 2.6k of mtg cards to pump and stake my shib tomorrow to a verified buyer in nyc, courtesy of reddit.
first rule of crypto, never sell shib
to the moon brother! see you there 😊
maybe i wasn’t clear…i kept holding….never sold…and will never regret it
missed big with doge, sold early and still profited, but not the potential 500k that would’ve changed a life or two! i’m hodl until we hit another solar system 🙌🏻
i just bought another .
big baller right here! 😀
it will but in the mean time we just have to buy , buy, buy and hold.
ah you're right, i thought i read somewhere that it was in the quadrillion range. so that would make it 3 trillion to 40 trillion, much more doable!
burn efforts will reduce the circulating supply and will help propel shib to new heights!
the supply is 1 quadrillion not 394, plus vitalik already burn at least half of it so its no more than 500 trillions at the moment
which they have already and are doing currently
yeah and only 30 million btc in total
if you couldnt tell from the way i worded it i didnt look up whatever numbers. just saying everyone looks back and says how they shouldve bought this or that or shouldve held whatever. sorry. was just making a point
don’t worry i sold doge when it was 0.00000032. back the. no one ever believed in doge
at this rate we will. is going fast.
we making history. it been an enlightening week.
😂 word up ! you not going to be poor, just buy and hold , i am calling anyone that owns me money to buy shiba.
let’s get rich ! i start lil bit late with .
i was lucky and bought in at 0.00000721 a month or so ago...look what its done since then!
why not us the sky the limit!
that’s why i always say patience pays, but the most important thing you took care business cause if you would you , it could got worse. just take easy invest wisely. i have a portfolio of dividend investment when one of my stock pay me dividend, i use that payment to buy shiba.
it will we all have to stick together.
in the meantime just buy and hold brother. if you put your money into a retirement account or over seas you don’t have to pay taxes but ain’t no financial advisor. i am just a monk.
let’s do this… why not us!?
my man! thanks 🙏
second rule of crypto see first rule.
i bought . i buy more before i go to bed. thanks for holding
this have great potential! this no joke
not even the down payment on a new truck…... yet. so might as well pay cash in a year. holding and when it does reach .02 i’ll sell half. retire. give the rest to my daughter. we can ball together holmes
well i'll be very happy if that actually happens, it is the only way that normal people with small amounts to invest in crypto can make millions now
token burn is the answer
yeah same as the stimulus package. so it must be doable! lmao
exactly! i totally agree.
burning as i type 🔥🔥🔥🔥🔥
he’s right… the circulating supply is 394.8 t but you are also correct re: initial supply which isn’t circulating supply as he mentioned . you can look it up yourself. coin base or
i thought they were coming up with a better solution to burn even more, that’s what i’m talking about
totally awesome dude!! hehe. yea hopefully i can retire somewhere between 2012 and 2015 and be reasonably above poverty level (as social security intends).
im in all the way! ... meet ya for lunch on jupiter nearest the closes m god ble$... and thank you for the reward$... you are amazing!
you a good man! i have a dividend portfolio , when i get pay a dividend i buy shiba wit it.
anything can happen. you has to believe.
you are 100% correcto my friend. there’s like 300 burning mechanisms in place and counting. from the devs doing it on there own to music artists burning for every play they get on their playlist(with proof of course—i only comment what i know is true).
word up! i will meet you there. 😀🙏🏽
gotcha. thanks for the info. i thought there was only one main way to burn the coins.
yes sir. it took me 3 years to build a 21 company portfolio worth 30k that produce about . inflation goes up so is dividend payments. best luck for you brother.
you as well fam!
hey wiselymonk. can i give you a few tips on your dividend investments?, i basically do the same thing but i can give you three big players that will top your 21. oil and gas bro. stick with xom, cvx, vlo, and there’s a wood chip manufacturer called enviva. all these guys pay quarterly dividends. if you have ’ll be making over . there’s another big one as well. mo (altria group) or marlboro. don’t take my word for though. go and look at their financials and payouts. i’ve made a ton in dividends off these companies but i reinvest the divs. hope this helps.
hey man i’m a lil new into stocks and crypto, i’m a fellow shib holder tho, would you mind sharing which companies give good dividends
yes i would like to know more too about building dividends in my portfolio! advice is welcome and appreciated
i own all of them!! mo is my favorite xom is my favorite. thank you for the tip. i love dividends investment.
we’ll best company to hold for good dividend they are a lot, realty company tickets o , coke, jnj, apple, microsoft, pepsi, costco, target…... the list go on. inflation goes up and dividend companies raise their dividend every year so you can get a pay check every month or every week. the more share you hold the bigger the pay check. is like going to sleep and waking up with money. do your research i follow joseph carlson show on youtube. that what got me started and it nothing but the best.
no problem. what you like to know? dividend investment is like you own rental property and tenants pay you rent every month. you don’t have to do anything.
just how to do it? and also if you have knowledge of crypto. how to read the charts and how to know what to buy. especially the ones with many zeros are the best i feel like 😅 i’m such a newbie
no problem, best luck to you!
i do not know why it is named the dogekiller, it's not gonna get the people that hate doge to buy. most people that do not like doge do not like meme coins in general. if anything it should be the opposite so that doge holders would buy just for the hell of it. now they would not out of spite... if anything they probably baught more doge.
or just shib. don't need to say doge killer. bro is good too. 👍
yes, we need to spread a positive vibe and bro is better than killer... also because shib has been used to help our bros in india
being called “doge killer” is equivalent to clout chasing. we need that to stop immediately if you want this to stand any chance. people buying doge can buy both, both are dirt cheap. we want union and a welcoming community not a wannabe turf war in the meme currency land. focus on .01, work with doge, get .10 next. we can easily achieve this with unity, we pumped a coin that produces millions a day to ~.75, we can pump this to .10 with a fragment of the people doge has backing it.
we need as many allies as possible.
definitely yes. we are all here for the same reason. dogecoin was the first one and should be treated with respect. i made some good money and hopefully to make more with shiba
yes. i actually thislike the doge killer marketing as a holder of both doge and shib.
yes please the doge homies would totally join us if we lose it.
lmfao there is a very specific reason they did this as not to be compared to doge considering this coin has way more utility than doge
it should have never been called doge killer like what bright ass idea was that? truly i want to know who actually thought of that because that’s just plain stupid. shiba is like doge. shiba is doge.
idk i'm interested in who's the better dog. shib already got !
if shiba goes up it helps us all
yes man yes !
spread the shib. spread the love.
why rebrand on what's been successful? simple question...
shiba inu is not the brother of doge... it’s his competitor... the point of shib is that it is better than doge!
doge investor too and shib. change it pls
i like that breed of dog some i'm in both. i just like the coin
personally, i like the current pic and slogan, but i don’t run with the masses. it looks to me, there’s already a following. changing things now, may show a little lack of confidence in the token. in the very least, don’t make changes to the point where it confuses people.
agree positive messaging please
i vote shiba bro coin or brocoin for short
at once. call a truce and join forces. all for in and one for all.
yes. shib is low. buy buy buy!!!
i’ll be honest i have both doge and shiba . both communities are the same we are all one people trying to just get on a ship and to the moon !
doge bro sounds way more shibish. i totally agree they should support one another.
the damage may have been done already. kinda like the playstation vs. xbox fanboys.
they are family so no killing
don’t know who came up with “doge killer” they should both be allies uniting to get the people what we all want: a better future for ourselves and our family
let the dogs out! pack to the moon!!!!
yea cause your directly saying that the purpose of this coin is meant to “kill doge coin” so why in the world would they wanna invest in both if ones trying to make them lose money? lol although i have both 😂
i agree. it’s better to piggy back on success than try to overthrow it
how exactly is this coin killing doge?
we are bros !!
thats not right and i have both
just get rid of doge killer, it’s a dumb thing to say considering the communities overlap heavily for one thing. on top of that, it’s just dumb in this case.
how can we contact the one who made the agressive icon for shiba? and if we can get a hold of them how can we go about voting as a community on the new and more shiba inu vibe icon. we may be just 30k at the moment but have you even personally seen 30k people in person?lol
ill donate to a go fund me to change to icon if thats what it takes. !! 300,000!! fire power!!
we should come together and make the lower and middle class thisappear with this new found enthusiasm with investing. when new economic and social books come out it’s going to say “croatoan” next to the middle class.
both đoge and shib owner. i vote for doge brother. shibes unite!!!!
elon should start doge vs shibe
yes. it would attract more sales from loyal dogecoin hodlers
please yes, as a loyal doge, it hurts me to know i’m invested in its “killer”. bro would bring in more buyers.
yes, shibas love eachother, spread the love!
shib needs his own place to grow, to advertise with "something something doge" is the wrong way imo. we cannot become a strong, independent currency if people see us as the "little brother" or "the killer of" i'm holding doge aswell and want to give shib a chance to grow, but shib needs to step out of doge's shadow
i think that shiba need to be the fraction coin of doge ! ‘ your total is 5 doge and 56 shiba lol 😂
yeah the doge bros!!
didnt buy at first out of spite
yeah do not dogs travel in packs?
where is everyone buying there shib?
yeah . bro. there’s enough room for all crypto.
are got inn it when it startet and we will be here to the end!!!
its lower this morning. buy buy buy. just bought another mill
great 🚀 r’t a killer it’s a great cryptocurrency 🚀🚀🚀🚀🚀🚀🚀
i had 2 billion i bought for . made ... good luck, i would sell! a gain is gain, and you will not be a winner being greedy! on that note, buy dogelon (). i put .00000040 and doubled my money. just saying... it’s about .0000006 right now and will go up. more bang for your buck. i have 6 billion shares. don’t waste you days looking at you shiba all day long... waste it looking at ... more exciting 👍💎🚀🚀
shib does not have "doge killer" with it, leash does.
invest in the husky token . the best new dog token in the market. easy moonshot, with only 1 trillion tokens daily supply. available now on binance
doge investor here, i follow the money. i put some into the doge killer and saw some good returns so when i start cashing out of doge, i’ll put an extra few grand of profit into shib. didn’t stop me from investing, but the name alone made me hesitant as it seemed like a quick pump and dump scheme capitalizing off of doges success. but i think bro is a better name than killer for shib, especially when talking about a coin that preaches its holders to do only good everyday, who’s holders support charities and small businesses. not the best image, in my opinion, to be the killer of that.
i am in doge and jumped in on shib for the hell of it... why not? 🙃
who’s in charge of marketing? someone needs to get it renamed quickly.
yeah i think so too killer is such a negative connotation
and we are getting them
you got one today.
yes its last time to buy now
we are one shiba family is one
blessings to you brother
all credit to you
by price if the first thing come to mind
binanace is a good option
this right here. change the branding.
same...i only have 3 mil. hoping to see it take off like doge. those who have been on shiba a while, give me some hope that it will get there.
just my opinion...but who cares? personally i'm a fan of doge and i still liked the idea of shiba inu being the "angry doge" and "dogecoin killer" fits that. i've also compared doge to mario while shiba inu is more like wario. this coin has surged so i do not see why the devs are giving in to all these people pushing to be "nicer". if anything, i would just drop the dogecoin killer phrase and let people decide for themselves what they want shiba inu to be in relation to dogecoin. but giving in to the mob demanding you change course on what has been successful feels weak.
just bought another mill
one family! may we all go to the moon!
just imagine if we had a in person group day and a stranger walks up to us asking whats all the fuse about and we tell them shiba inu is the way lol
of course its a scam, as much of a scam as
great you will get more profits now
today is the day
i don’t have enough to pay off my house yet….so yes
woke up, saw the dip and bought more.
yes i’m holding over 30 million shib haven’t sold any.
been holding for 6 months 💎💎
hold 374 million since early october i got in late
with social security running out by the time i’d retire. i’m banking on this, waiting on my rocket 🚀
5 million coins. buying dips and holding
1.6 billion. still holding
anyone going to be with me after 0.01? im in it
about 350k holders the amount before october came around
310 million checking in...
are there any calm investors not getting paranoid that it is all over and all is lost every time the price dips left out there?
yes absolutely yes, i’m holding until i retire in 30 years and maybe even after that
1.8 billion since .0000073
🙋🏽🙋🏽. my goal is .01. not selling until i reach my goal, and will only sell 1! even if it dips to -.00000000001, i'm not selling. i invested a little money anyway so it would not be a loss to me so i'm all the way good. if i think about all the frivolous shit i've wasted $$, investing in shib and holding on is nothing!
still holding on 10m
360 millions since may
mine is staked for another 90 days. my plan is to just constantly stake at least until summer.
i'll be back after the crash i promise
yes still hodling but it looks like a lot of people are talk and no action because somebody selling
450 million and holding
600m staked since may... and they ain’t going anywhere anytime soon!! 💎👐
545 million since 0.000001, still holding!
5 bil since 3 months ago :)
diamond hands but feeling uneasy with that whale dividing up his coins into 4 wallets. worried about the liquidity if he
you have to be an absolute mental midget to not keep holding at this point. all the indicators are there that it will continue to rise.
400 million with an average cost of .000025 😀
i don’t know what you call diamond hands, but i just bought another 50,000,000 shib!!! thanks for the panic, wimpy bitches
350m for 6 months 😁
300 mill hodling steady
buying up some on the kinda cheap lol
been holding my initial 25 mil since april
45mill and holding. bought in may and july. being patient like a surfer. waiting for that perfect wave to ride in.
right here. wish i had extra cash to buy the dip but do not right now. longest downhill slope yet. but waiting for the huge rubber band like it was doing before the doge war
i ain’t going nowhere
131 mill and holding
do you mean awake? 🤔 holding? of course that is all i do😁🧑‍🚀🚀🦍!
hodln since early may
still holding despite being in the red!
only 4m in. im sry guys
jus bought 3 milly on this dip yessir!!
holding strong 💪💎 🤲
holding 20mil since september
my hands are only carbon because they are has not been much pressure to sell
cool as a cucumber
more than you think
is there any alternative?
140 million since july my brother
still got my 8.5 mil
super diamond so many coins 🪙
it’s too early to leave :)
if there weren’t, shiba should have tanked by now
seems like a good time to buy more if its down 11% today. im at 22mil and want to hit at least 25mil. i bought in pretty late in oct. around .00043
seems like a good time to buy more if its down 11% today. im at 22mil and want to hit at least 25mil. i bought in pretty late in oct. around .000043
im holding like a fat kid and a candy bar
i just bought this mornings dip, 80 million looking to get to 100 million on the next dip.
63,000,000 and adding daily
holding 5 mil, just put another 📉🤝💎
yes. i bought more this morning too.
bought over 16mil back in july
holding 21 million !
60 mill here ☝️
does anyone remember laughter?
been holding 50 mill for months now
been hodling and still hodling
just bought the dip this morning to make it 80 million, waiting for next dip to get to 100 million. we need to increase the volume and days
yes. buying the dips.
300mil since june not going anywhere 🚀🚀
got on at the start of the 2021 still holding strong this is the way
i honestly thought we were stronger than this 😔
i will never sell, let it crash😀
24 mil since .0000027
people do not realize that they are developing a gaming platform similar to axie infinity and will support a nft marketplace. there are actually uses for this coin. i'm not looking for .
one day doge was this low…oh ye of little faith.
i stay hodling. them kraken and robinhood mfers have awakened a beast and will regret not adding us yet.
holding until .01. dont care if it take 5 years
don’t tell me people are losing faith when there was a more than 100% increase lol momma told me there will be days like this
keeping my measly 40 mil until i'm a usd millionaire.
still buying on the way down. lil bit here and a lil bit there. putting cash in shib instead of letting it rot in traditional bank.
300mil since 7. no sell. only hodl.
mine are staked. no temptation at all to sell despite falling price point. my only regret is not having fiat to buy more while at this bargain price.
i’m buying everyday it stays sideways!
9.8 mil here,am not selling till we bring back a moonrock
13 mil since .000006 💎🙌
holding at 12 million ill be at 20 million by end of the month. i'm buying every dip. don't paper hand. diamond hand it boys and girls.
holding since i purchased back in june. purchased again in august and early last month, so sitting at about 10mil coins.
still holding 22 mil
holding 100 mil! dont you dare sell!
oh yea, this diamond hand ain’t leavin. accumulating and staking. look at where we are 🚀🚀💎🚀🚀. shibarmy just getting started
i'm here, still buying (that is what my bitcoin miner makes)
screw all those paper handed fuckers. why can people just hold? how hard is that. anybody as frustrated as i am? guess ill have to buy the dip thanks to the "dips" out there... to all you diamonds out there, thanks.
holding since may and consistently buying more. zero or millions! no in between😎🚀💎🙌🦍
i sold for a huge profit at shibs absolute peak. never be afraid to take profits. if you do not someone else will.
no, everyone sold but you.
yes and buying the dips...cant resist!
15 mill and staking it every 3 months, burning the gains
holding all my part
oh yeah. right here. i bought this to hold till the moon or go to zero. others may have different reasons for investing. but i have a number in mind where i would start slowly selling. and it is many zeros away. will buy lots more if a zero gets added.
been holding since .0000027 i just wish i’d known the tricks to trade from one app to another before i lost 14 million of my coins
2 mil here its not much but i'm holding bought the dip last night
just bought more and holding for years to come!
these are going to be the moments and days in which we look back and say thank god i didn’t sell!! thank god i bought more on the dip!
yessir! holding since 0.000006. hodl!!
holding at about 46 million
i’m still diamond handing it. although the guys i work with are paper handed bitches.
yas. i just put all 22.6 mil in crypto earn. see yall on the other side.
hold strong shib army 💪🏼💪🏼💪🏼
heck yes i have my 9m and they are gonna have to offer me a hefty price if anyone wants me to sell em.
holding for 10 years
2,040,000 for 15.00000735 😂 💎
14m at .000068. probably a bit late to the game and would not be a millionaire without a substantial burn and a price of $.10, but hey i'm here lol
been holding since july. not selling anytime soon
hodling since may! 💎💎🍆🍆
i am still at my job do yes
holding onto 20 million with unshaken faith in the universe 🙏🙏
yup, buried 11 of my 21 mil. still hodl and accrue!
i thought you knew!
holding til the end 80 mil
7m at 0.00007 and holding until
here 105,000,000 since 650
that's all i have. my penis hates me.
20 mil it ain’t much but it’s honest hodling
still here since february
until this either hits the moon or implodes.
looks like we may acquire some more diamond hands from ftx does anyone know when the started selling kept it awfully quiet maybe they will get tom brady to pet a stunt double dog while holding a elon musk voodoo pin doll as promotion just asking for a freind
67mill since 5 zeros ago
yes i'm do or die at this point!
nah bruh paper hand life all day long 😤
yeah. bought back at 0.000009 but did not buy a huge amount so i'm happy to ride the waves
idk about diamond hands. but my hands are a 10 on the mohs hardness scale.
120 million at .000005 😅👍
yep, and i'm not going anywhere.
of course long term hold...buy the dip
100 million. holding till i die 🤣 or me and all my family can live bill free. i should be staking the next 5 years
me! diamonds all the way to glory and riches!
why wouldn't there be?
early september bought 1-2mil increments for 2 weeks until the first big spike. all day my 160 dollar investment is around 700-750 right now. first big profit since i began looking into stocks during the gme fiasco. webull let me on the beta and it was around 602.
what makes a diamond hand? i've got 44 million am i close?
still holding my 10.8 mil since .00000016. it ain’t much but it’s honest work
the only way we can move ahead is to have a strong community with the same goal... we can do it !
holding the fort 2-4 years
just a lieutenant, but still holding strong sirs! i got in one zero ago and i'll live to see another one fall. maybe even more, but it is getting hard out here watching fellow shib army soldiers fall to a case of the paper hands. keep strong generals! keep strong!!
what’s a sell button?
i have hands of rare gem stones.
up 1000% and not even thinking about selling lfg
i forgot to buy the dip today. still holding until over a penny. lots of potential here with upcoming events and burns.
i bought the dip hodl🔥🔥🔥
23million, since 0.000035 just waiting. i check it because i like to have something to talk about.
holding 20 mill since may.
i wish i had some way of getting all my shib off coinbase and into a wallet without having my arse ripped out in gas
i’m still here, not going anywhere
big money has seemed to wane but we can still bring it back ourselves
who is in for 2:30
whatever happens i just hope it works out for everyone!
been here since may perro !!!😎
230 mil since september
175 milli at .0000059
haven’t sold since bought .00000700 i think but what made it lose momentu?
holding until 0.01 let’s go! 🚀🚀🚀🚀
idk about diamond hands but i have been holding 32 mil since like may
55mm, all i know is diamonds
100 mil to 69 mil now, invested . with the recent all time high, i converted my initial investment plus some more to coti, ada, lrc, and xyo
to hold is there way.
700 mill avg at .000008ish
oh yeah! great deals today in the crypto market, esp with shib!
everyone remember at 2:30 pm est to burn !
been holding since may. i only look at the 1yr graph. i’m 37 and will continue to hold until i’m 45. i’ll take my family on a trip to bora bora and maybe buy an island there.
i’ve only got 4.5m but i’m hodling like only diamond hands can hodl
little over 17m and dca’n at .00004408 not sellin. buyin more!!!!! i’m hungry!
100 mil since 0.000067
i'm still here since 0.0000004
can we please stop with the shitty karma gathering posts? please? we don’t need several of these a day.
anyone dropping :30pm est? i'm doing my part for the army always 💜
still up, still holding. any updates on the billion dollar whale and the wallet movements? haven't seen anything since he trolled with the purchase of 69,420 shib. i admit it gave me hope
my hands aren’t made out of anything else
👍holding and fine i'm still way above my initial investment.
holding and still buying!
hodling 50 mil it is not much but i'm doing my part 🤷‍♀️
holding. 110 million. bought the dip.
are you self doubting right now? of course we are all here…
hodling strong my dude.
18m since october ✌🏻🔥💸💸💸💸
people are selling? why? i’ve made , why sell now?
120m+ holding for a few months.
i scratched the rolex thisplay case today at my local jewelry store... diamond hands
holding strong, and will continue to!
aaaaarrrgghhh! my diamond hands are taking a pounding! they are not cracking though. these were forged by many losses and experience. fuck you market manipulators!
you bet your sweet ass there are.
i only have just over 210k.
dimond hands in the building
been holding since may up 300% ytd
been holding will hold as long as it takes !!!!
will hold at least the year. not giving up on this!
got know where else to go, so might as well stay.
absolutely! shiba inu is not a joke. i believe shiba has a lot of deep pocket people nervous for betting against it. it's not only propped up by an awesome community, but it is proving it is utility daily. and listings and merchants are expressing positive interest on the regular.
yup around the same price with 35m
of course? what kind of shill question is this? diamonds form over time.
just started about a week ago but i’m not leaving in fact i fucked up and bought more.
anyone who sells during a slight dip was never a diamond hands.
present and holding all the way. here till next burn next week.
my shibs are buried so i’ll dig them out when we’re on the moon.
nope, wish i could say i had, but i buried all mine.
lots bro… just also a lot of mega whales
still working my way to 10m
fuck yeah bought more today because i am possibly stupid but we shall see
im here and staying for the long run
400 mill since 0.0000065
100,716,400 since 0.00000714. bought in september.
i didn’t invest to much and i still got 5 million plus coins. i’m here til at least 50 cents
still holding 21 million shares
280m and holding strong
me just buying more
all day. 92 mill
only 2.4 million but holding
oh yeah baby!!! buying the bargains!
shib army roll out we ready to snipe at any giving second let the big boys try us they fold we win 🏆 we hold we rich go army
wait…is people leaving? lol 😂😂😂
not letting go i need this to blow up
still holding 12m bro, aint goin anywhere
i look at my office mates and say. i’m not fcking leaving!!
fuck logic man i'll hold longer than i need to just to make sure my shiba bois can afford their dreams lmao
holding for 5 years minimum
maxed out a an interest free for 12 months credit card on elon. let's fkn gooooo.
never sold, but the dip i guess?
ive got 110mil in earn, and 50k. and im also mining shib with unmineable. bought it .000001924 and .00003968.
i guess inu price will rise today because of 16th birthday
[ ' let's get it!!!!
been hodl 9 months. why fold now?
still up, lower then before but yes still holding
ready for next rally
coinbase stole all my shiba 😞
100m + cpu mining. hodl’ing until i’m a bajillionaire
what are diamond hands?
sold the ath, pretty happy about that.
well i pulled my initial investment and am letting the 16 million tokens i have left ride. my wife just bought 9 million shib of her own.
can we recover when the whale with billions sells?
i don’t understand all this uncertainty so early!! this isn’t a 1 or 2 day play! let’s see the 💎🤲🏻 for holding minimum 1 year.
i'm still holding. i will never give up my dog.
hell yes. even as we speak, i'm buying the dip.
how can i sell dogelon mars guys? i want to put my money in shiba but it looks like a scam. when you sell it, you do not even get the money!
yes still holding !!! not rich yet !!! lambos or loan payments
this as well as also hodling meme stocks
? wait we are not suppose to buy high sell low?... everyone says it though... just kidding i cannot afford my girlfriend yet so i'm still holding
not selling for spare change. 300 million shiba to early retirement. also into dogelon. not promoting but just want to share, a cousin called me about iotex. looks interesting. i just wish he spoke sooner when it was 0.09 this morning. what a $&&.
right here. 65 million and growing
i’m hodling. i guess i got in “early” this year initially ...
i've only got a little over 300k but if the dip continues into friday, i'll be buying big.
still holding 300 million here. i do not have everything i need and more.
here holding since february!
i’ve lost too much to not hodl lmao
buy and hodl lets go 🚀🚀🚀🚀
yup, about to buy on the thiscount
i’m holding until eight figures, so yes.
been staked since the swap opened, earning rv which i also bought.
even if it takes 4-5 years for 0.1c, still hodling
got some 🍗 with this and a bag holder in doge. so until i pay off my house and yours, yes. 💎 🙌
jesus, people are so fickle. the first order of business was not to put more in than you could afford to lose!!
are shibarmies just buying and hodling or there are some of us using the almighty power of staking? personally i have learnt a lot along the road and with my huge mistake on dogecoin, i have decided to stake my shiba for periods of 1 week, 1 month and 3months along the way and keep rolling it over. this way my shiba is working and earning more shiba so i don’t have to worry about buying all the time. i do this with most of my assets like bitcoin, eth, and my golden child dot as well as sol. ada too.
no diamond hands sold. just all paperhands. diamond hands realize they are still up 100s of %. and will continue to climb. it's all just a matter of time. we are enevitable.
i’m poor(have less than ) and am still holding 56 mil shib.
💎🙌🚀 226m holding strong!
this is test ...vet stay in the battle field while recruits run under the bed
moon or zero. it's as simple as that.
hodling!! just doubled down 10,000,000 .0000527
i have 6 million lol.
holding for at least a year. let it burn! 🔥
ohhhhh yeah. been increasing 10 mil at a time. this dip makes this week's buy nice and cheap. enjoy it while it lasts
i'm currently holding 28.5m and still buying.
waiting for bills to be paid to buy more, been holding for the past 6 months with 24 mil trying to build up to more
i'm still in debt so still hodl
i sold right before it started dropping, sorry boys
💎🙌🏾💎🙌🏾💎🙌🏾 hodling til im a thousander 😊😊😊 shib is the way🚀🚀🚀
1 billion. not selling!
no plans on selling
it’s not gonna make people rich overnight. to many people want that instant payout. still way up from last month. yeah there will be a few bad days but got to look at the long term. holding 💎🙌🏽💎
diamond hands mother fuckers
hodl! i'm here w=)
💎✋🏽 all day bro! been investing since 2013...market goes up & market goes down - today the market has been super bullish selling high & buying low 😂
still holding my 110 m
gotta hodl. gotta believe.
holding 20 million shib
i have 25m and some change locked down for the cause
i was not even paying attention today, so i just checked, no reason to sell now. looks like sale price to me, time to buy.
21,000,000 coins - holding til i see .25
i'm sitting for a long wait. it took doge a minute to even get to 1 cent. i've got nothing but time.
i need to buy more right now. we just got a taste of what is coming. shib popularity it growing all the time. ![gif](emotefree_emotes_packmoney_face)
closing in on 1b 🚀 picked up another 70m on the dip tonight!
i’ve never sold any shiba and keep buying the dips. very happy with the shiba holdings thank you. not selling.
20 million ships and holding.
had to go to work today so yes i bought more and am holding.
this post is needed because i want all the weak hands to sell so it gets the sec off our as%. this is a chess game not checkers
so dilution it was. not good
i’m diamond handing this son a bitch to the fucking moon
im so diamond hands that i'm cutting the screen on my phone while texting this
yes and taking this dip as a gift to add. 6,000 new holders since yesterday. when people panic time to buy! works every time.
initial buy in .000006, 75 a week since
holding is futile. the coin is never going to hit a cent. take your profit and turn to something that actually has growth potential and longevity. this is doge’s special needs little brother and will never surpass one cent.
why sell! this is just a speed bump along the way! im buying more!👍🖖🖖🏻🖖🏼🖖🏾🖖🏽🖖🏿🚀🚀🚀🚀
holding here till next year
hodling strong! 💪💪 buying more
pure diamonds here boys 💎
i have around 20million coins , hoping for .005
i’m really tired of motley fool trashing shiba!
no cause everyone is freaking selling!!
holding 20 mil just bought another mil today staking the rest
253 million getting ready to buy the dip soon rumors of .000042 time to buy
end game is to buy a house and get out of debt.
not selling till 2030
after a huge run up, it’s normal and good to have a decent pullback. 40 - 45 is one areas of support.
buying more right now! great opportunity
time for buying. still holding
bought 5k more. if this tanks i'll never yolo ever again.
i’m in until i’m a millionaire.
holding strong. let it ride!
keep hodl'ing guys it will go up
its only down because a few whales are getting ready to pump bitcoin over 100k. and then all the alt coins will have another big upswing
doge all over again. look at how long they have been waiting…
still holding, not a lot but still holding. i hope it does go down until friday so i can buy more when i get paid
the ones still hodling are pure-bred diamond hands. 🐺 those who sell early are paper-hand mutts 🐶 love to all dogs though. buy the dip, hodl the line brothers, sisters, and others. 💪🏽
yup, all of us pions. it’s just the whales selling
hodl...this is the way
my brother in law has had almost 500 million shib since last november and is still holding, bought for . still jealous 🥴
eth gas prices so high i’m holding my tiny bag in my coinbase wallet
i'm still holding over 175million shibs
hope not, but then again now the time to buy more
yeah... makes me sad so many paper handed it
i’m holding all my shib bc i can’t sell my staked position anyway and it’s not time to sell.
hold buy more hold
i just put in another .
this week i dipped the equivalent of 4 months salary...did not even blink. im not selling, and welcome the sale prices
just bought in and i have sold all of my other crypto to buy more! have not considered selling shiba once! let the dip continue for it only means i will buy more!
currently still holding almost 170 million. shib is just going to be on another uptrend again with tons of folks buying it cheap. one co\*\*sucking whale doesn’t scare me nor should he scare anyone else. either hold and ![gif](emotefree_emotes_packgrin)
haven’t sold since i bought 7 months ago
just bought another 6 million
according to trading volume, everyone but you!
i think this weekend is going to be good...not financially sound advice but i think the pop is coming 🤔
still here…and not selling any time soon!!this is my new “amc” adventure...(not a financial advice)
don't forget i heard that they are trying to tax the crypto if it does go up high you're not going to get nowhere near how much you got when you try to cash out hence why the guy with almost a billion hasnt did anything
i still have to work, so i’m going nowhere.
i'm here for as long as it takes.
at what point is a diamond hand?
diamond hand to the end
same... dog just got sick so had to spend savings... still holding what i can
is it wishful thinking or do you genuinely think this is going up? i want to be optimistic and buy more but i worry i'll lose it all
coinbase locked me out from buys after i transferred to my wallet and cannot get gas fees to even think about selling. this is going to take some time to resolve, so i'm here till 0 or the moon regardless. lesson learned, keep smaller eth based coin on the exchange since i'm so low volume.
i’m all in dogg. diamonds hands forever
shine bright like a diamond in the sky
i’m still along for the ride but starting to look pretty rough to say the least!
yes, i haven’t sold
these types of questions are lowkey fud tbh.
i’m still holding 😆
yep, holding 238m at the moment, kinda thisappointed about al the people who sold, number of holders is still growing tho. im not really worried about it
buy the dip. :)
diamond hands since the beginning ofc diamonds are sharp so there are gonna be cut downs in the way but in the end we gonna rise
yep... not a single shib has been sold here since 0000005👌
yes:) holding my 160 millions
i bought 18mil at .000027 and bought 3 mil at .000071. i wish i wouldn't have bought that 3mil when i did. but it does not really matter. i'm still very much in the green. hodling strong. buying more tonight when i get paid.
yeah ! hodl till i have enough to go to hospital to fix my hernia then buy me a harley davidson 72 😆
diamond hands until the end... paper handing is no option no matter what!
stake (bury) your shib tokens - those are compounded, by the way! passive income will help matters - especially with shib! better yet if you can provide liquidity and farm your shib the returns are incredible!
i put in what i can afford to lose and get zero anxiety when the price fluctuates because of that. hodling until i can pay off all debt :)
how is it possible when the market clap just rising 2.09-2.32b but the price is just goes down in the last few hours???
just bought more. let's go shib army.
i’m just here reading all the comments about “dont sell, hold” like bro, this is not a team effort, like stocks, everyone is own their own. if you made enough money, sell. some people are losing out on thousands because they won’t sell when it’s dipping. at 550 trillion coins, your 100 million coins won’t have an effect
holding strong, staking to get more
me. just pumped my position another 10,000,000
20 mil, holding until some point far off in the future
picked up another 150 mil this weekend to add to the 54 mil i already had. i know i'll be able to afford that premium costco air fryer for christmas now for sure!
so what is the definition of diamond hand? isn't it subjective? anyone care to share their definition? for me i'd have to say diamond hands is , and i was close... will get up there soon.
im holding slightly over 100m coins and 1 leash coin
in 5-1p years it hits . i bought just for fun, will probably forget about if
i don’t have much these days except for these diamond hands. still holding xxx,xxx,xxx of shiba. also xxx of gme. xx of eth. xx of cardano and xx of loopring. i moved back in with my parents and work at a fast food restaurant to support my long frame gambling see y’all somewhere in the galaxy
got in at 000077
the whole market is down. hold
💎🙌 when you experience a drop think of it as a sale. if you have funds buy. if not then go for a walk, put the phone away and head to your nearest car showroom and book a test drive for fun. or you could…
what is a diamond hand
i’m holdin till a penny.
me! because i know where this is going.
like an elephant sitting on coal baby!
yes hold fast mates
waiting on .5 cent
got in when you could get a mil for . not selling for years. that was the plan anyway. need it to hit .06
nope this dog is dying
one wallet holds most of the shib would be stupid to hold now
did shiba just loose support for .01, the army is down 30% we have lost 20-30 billion in volume and we have lost 6 billion from market cap how do we even recover from this
sold yesterday for another crypto i believe in. i 10x my initial investment so i’m super grateful to shib. good luck my friends who stay on the ride!
nope… i am holding over 170 million and i am thinking about selling and paying off some debt with it!! since i got in, i have already double my investment and i am happy with the profit!!
took my profits a dipped.
same. getting out of debt is basically my end game here.
when you do. reinvest it in dividend stocks. let the passive income pay your bills. don’t spend your winnings. you’ll thank me later
i hate myself for saying this but i hope it keeps dipping till friday cause i get paid and i’m buying more. no money since i put it all on shib.
then back to sleep 😴
right!? like people are tripping for nothing.
i also woke up this morning and saw the dip and bought way more!
is this not what everyone does? shame on those that sell on the dip.
hodling on 1b, a little painful right now. billionaire or bust, let’s go
.0000022, or 454,545,454. haven't sold a single one and i get free shiba every week doing crypto earn
crap you beat me. got in at .00000735 😂😂😂 207.3 mill
same price but smaller amount
i love the energy but this comment makes me laugh simply because $.000007 was like 3 weeks ago lmao edit* i checked, and it was exactly a month ago, so i was 1 week off
same but 900. i wanted a billion but this thing took off without notice
250 million and hodling💎
same. still holding 💎💎🎱🎱
we still have a ton of growth, you got in at the perfect time. plus you're holding a nice amount. in 5 years it would not matter that you paid a few extra dollars to get in.
same. early october was first buy-in at 200m shib. currently holding 386m
shoot man i got in this past saturday at a sad amount of 1.5mil lol
got in about the same time 125mil
i had the same amount as you man started with about 3300…. pulled out today at work at 1100…. regret it so badly...
same, i'd like to not work until i die.
i am almost 2b and regret not buying another few b a few months back. now it is hard to keep buying 100s of millions until we throw a lot of money at it.
i'll take some profits at that point but will not sell 100%
i’m starting to realize that just what crypto does but i worry about the big whale dumping everything
that’s a good plan. i may do the same to eliminate any dumb temptations i may have after the 90 day im in the middle of right now
question bud because i was gonna start staking today. it says 66% rewards are locked for 6 months. is that 6 months at the start of staking? it does not increase by a day every day staked right? and the main staked coins can be taken out before 6 months rigbt? just rewards are 6 months?
my dude it’s called a “chart” not a graph.
i could not care less about karma lol
coins not shares. this ain’t the stock market.
people who do not sell
shib will hit 1 dollar in 5 years. with inflation and coin burns inevitable.
**sell can refer to: giving something to someone else for money.** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(delete)]( ^() [^(report)]( ^() [^(github)](
not all heros wear capes
i do not know what gemini and i do not know if that is good
something you don’t have gtfo
i'm sitting at 35m and if by some chance it takes off this is my plan. financial freedom with passive income is way more important to me than being rich. can always make more money, but you cannot make more time.
that's my plan. started that like a year ago. got like almost ,000 in dividend stocks now.
dogs of the dow are my favorites.
that's exactly my plan, preach the word my brother.
which are the best dividend stocks at the moment??
careful with spending all you got. i know its tempting because it feels like a race against time but its not worth putting yourself in trouble. baby steps can go a long way versus going “all in” and creating other collateral problems in your life. just my 2 cents ( shibs ). keep pushing bro!
nice but don’t go all in, capitalization for shiba is already quite high, honestly it cannot go much higher imho and it could drop quite a bit. look around for other currencies, keep shiba if you like but also diversify. i have shibas but also ada, nano, eth etc
meh, keep waiting for it to bottom out anyways. do not buy halfway down the hill, buy the dip.
i wish i would of know way earlier 😂🤣
what is crypto earn?
what app do you use to earn shiba
we'll be at a million at . 0055
what's your point little fella you assuming i bought in september when i bought back in june but ok i do not like your energy and try getting on someone else's dick😂🤣😂 what do you care when i bought it there is been ups and downs since then. i do not sell shit son
just curious. why are you so certain this will grow in 5 years? genuine question because many people talk about hodling forever and making millions if we just wait.
you holding through the dip or what?
just added another 100million with the dip happening right now
im holding a million shib forever regardless of how high or low it goes
if you plot a trend in excel you could probably see that at the current rate of growth of the crypto market, this shit can go bananas within 5 years. not 20. not just shiba, the whole crypto market. not to mention, you can check on webull, you do not even need an account, just get the app. it shows you how many people are following shiba. check this. last month beginning of october, shiba had 250k+ followers. now it has 652k followers. in a single month it gained 400k followers. and that is just on webull, it is also in popularity on webull. like it or not the potential is huge with this crypto. some things need to happen to reach 0.01, but with current trends, it seems perfectly possible.
i also worry about some people in community... i've noticed a very large amount of 2021 reddit profiles hyping this like crazy. just makes me a little suspicous ya know?
yea man i pretty much restake as soon as the contract ends. it gets rid of the temptation to pull any out. it’s just now to the point where i am making a couple bucks a week.
are you on shiba swap? i honestly don’t know i am just staking on crypto.com because i ended up losing some coin because i made some really dumb mistakes while i was trying to get on the swap
well then i'll just keep holding
all graphs are charts, but not all charts are graphs, my dude.
weird behavior acts the same way. community invests the same way. almost like…. they are the same…
shib is a meme coin and 90% of people don’t care about the “utility” of it. all meme coins have utility now. it will pump, die and shit the bed like the rest
right? i was just thinking wtf is that guy talking about...
why you not nice
yeah bro why you no nice to me... i have big hands
i’m holdin till a penny
daily shows a bull flag (continuation pattern). shib is super bullish imo
absolutely. why spend your earned cash when you can basically move it into accounts that pay you for holding their stock? if you look at it the right way, you can basically pay almost nothing for anything just by making your money work for you. this is how rich people stay rich. they don’t spend their money they spend the money they get from companies they invest in
don’t put your eggs in one basket. invest, but also diversify.
your advice is too late for me. everyone else, save yourselves!
same price, diff amount. not leaving.
it was just one of those decisions to buy, because it was so cheap, it could not hurt to buy
crypto earn is a wallet on crypto.com app, that you place your crypto into and is locked in that wallet for a set period of time earning set interest. i have my coin locked of for 3 month terms earning 2% each week. the coin earned goes back into your main wallet.
... watch a free video for example; on coinbase you are gifted a few dollars... the quiz is simple , if you miss the answer you get another turn!
the crypto app. i put shiba into the crypto earn wallet
that's wild hostility dude, maybe calm down a bit. i was not even criticizing you or anything, damn
i have faith in both the development team and the community. development: creating our own blockchain, gave us shibaswap, investing in games that will grow the token, one day coin when we have our own blockchain. working with companies that will allow us to use our tokens to purchase online. community: taking the initiative to grow the community by word of mouth. burning their own tokens. companies like bigger entertainment burning a portion of their revenue stream. ice t is with us. between the development team and the community, we grew what 940% in 3 months. i have made a very nice return on my initial investment. i believe we are still in the infancy stage of this. we have some brilliant people on the development side and more importantly, we have some brilliant people within the community that will continue to come up with ideas to promote shib. i've said this in the past, sorry for repeating, crypto is an emotional buy. people want to be a part of something. people have the fear of missing out. people dream about becoming a millionaire with small investments. we have seen shiba help people already. as the community grows, so will our token. we still have some 0's to burn and it will not happen overnight but, it will happen because of people like you. invest, stake, and repeat. i see an entire community that truly is looking out for one another to help motivate and promote each other so in a few years we can all have the " insert your country name" dream. the guy who is sitting on trillions of tokens and now is a billionaire, he saw something with the token. that to me is inspiring. if he sold everyone right now, which he cannot, people like us would buy them and continue to carry the shiba flag forward. thank you everyone who is helping put my kids through college with your diamond hands.
crypto can be unpredictable - last year, ethereum was 10% of it is current price for example. shiba inu gained thousands of percent in the past year alone. so, it stands to reason that given enough time, any crypto has the opportunity to increase exponentially. why? not sure, and neither is anyone else. but shiba seems to have some upcoming events that could cause spikes in the price. if you bought early and hold, it is honestly better to just forget that you have the shiba coin, then move on to other things and check back later. it could go to zero, but given market trends and general momentum, that seems unlikely. it's never for sure, but better to spend a few hundred or thousands on this now and lose it over 5 years than to look back in 5 years with regret that you did not spend the money.
in theory both inflation and burning will cause the value to go up. basically look at something like home prices. they are going up a lot, and they will go down in bad economies, but they recover quickly, and still have more value then it did 50 years ago. the only reason prices would drop and stay down is if interest rates went crazy up, like 20%. and crypto is not the same as like beanie babies, because there is practical uses for it, since payment processors accept it as having value. that said. i think bitcoin is massively inflated. but it will always have value. the only way it is going down and staying down is if government(s) bans it. but given it is decentralized approach, and other's already augmenting their currency with it, that is unlikely.
same question was asked about bitcoin and dogecoin. it’s even more certain that there is growth compared to years ago when only the brilliant minds saw the potentials that laid beneath.
crypto blew up this year (and the previous years too) and the total market cap is still pretty low overall for crypto, like a few trillion. the stock market has like 95 trillion or something like that, so crypto can definitely grow more, even if it just grows to 25 trillion overall, with shiba being in the top 10, we should be getting at least 1 trillion market cap, assuming the current trend continues. i can see shiba being top 5, like this: bitcoin 8 trillion market cap eth 5 trillion market cap polkadot 3 trillion solana 3 trillion shiba 1 trillion something like that. not financial advice.
because they are idiots lol. anything above .0025 is really a fever dream. the world does not have enough money to really support anything beyond that. even a single cent represents a market cap many times higher than bitcoin. so trillions and trillions of dollars. really boils down to a large percentage of the sub being uneducated in how regular securities and crypto trading is done. yes there is potential for us to go to a cent for a super limited amount of time if there is a huge upswing and not really any more coins left to buy. however, we will never in more than fractions of a cent until the massive 540 trillion circulating coins drops down to something closer to sub 1 trillion coins. you just cannot have 540 trillion of something and expect it to be worth .10 cents. that's 54 trillion dollars. or about 35-40% more money than is currently in the whole world.
always. i am up 800% so never selling. waiting to see what the future holds. this could be generational wealth the way i see it.
shit, i think i’ve had maybe 140k shib added to my balance since i started so yeah
i'm trying to do on shibswap. what is better?
nope. look at the 1 year chart. just 100 percent weong
also never gamble more than you're willing to lose
robert kiyosaki thisagrees. eggs in one basket. now.
that was exactly my thoughts i was like worst case senerio is i'll double my money in a few years😂🤣😂
ok i do that on coinbase with eth and some other coins but that’s good to know, thanks for the response.
do you know if we have to pay gas fees on crypto.com? i'm staked for 56 more days
this is a thing? how can i do that i dont see it! lol
it's funny you assuming and reaching bro chill i'm sitting on a good profit right now and no paper hands if that is what you're implying with your assumptions
wow! thank you for the detailed response. made a believer out of me. im sitting on about 10mil coins atm and felt like i missed the window but now i hodling till its life changing. blockchain is the future i want to be a part of.
well said!!! shibarmy we need to upvote this!!!
💎🙌 clear the way for shiba inu world
when is the time to buy, when we do not have any shiba in the wallet? i wait for a dip to the 50 area, now by 57
what games will shiba inu coinbe used in
if the whale in the news burns half the tokens, would it immediately inflate the value of his other remaining half? my only concern is that guy. what if they “only” cashed out a cool billion? i just wonder what the most is that they could pull, and at what speed, without completely destroying the whole thing in the process.
you had me at ice t on a serious note, been holding over 100m for over six months and will continue to do so. edit: i also bought the dip today
understandable. thank you for the detailed response. what a nice community. a real gem on reddit.
i agree with you, although, i doubt shiba will go to zero. why? i called my dad recently and out of nowhere he told me he threw a couple hundred into shiba (i did not even brought the subject up), apparently a friend of him invested, and got him to invest too. i did not even tell him about shiba because this stuff is too complicated to explain for people not savvy enough with technology, or crypto. crazy thing my dad lives in puerto rico. so, this shit is spreading everywhere.
coinbase is saying it gained 94 million percent this year. literally the largest growth in history. how much more can it go?🤔🤔🤔
great post! i was lucky and bought eth at ! just like shiba... most of us are in at under a cent and will come out thousand-aires and better patience is a virtue <3
i heard voyager was good. something about 12% not sure if apr or what. but i would check it out too. do your own research though.
seen the one year chart. i’m not wrong
what's the point of gambling then?
well it sure has not been a few years lol
ftx offers 8% apy for simply holding in wallets on their platform. i'm earning shib there and via crypto earn
i have not had to pay any fees, i have been staking for the last since i bought in to shiba.
what the fuck are you even talking about??? literally nothing i said implied i thought you were selling. what the fuck am i reaching on?? nothing i said has made any assumptions towards you other than you're being overly hostile when i was not even saying anything bad
continue to buy more when you can. i have 392 million and still i continue to buy -. every bit counts and it is still early for shiba with all the catalysts still to come.
don't know. it was thiscussed that they are developing a game
let's all make some money!
to hopefully make money? what why would the point of gambling be bankruptcy
hopefully we make millions
no... thank you! i mean that in the most genuine way possible on the internet lol. be part of the community is one thing but to build it is a lot of hard work. thanks again fellow shibber! shibarmy!
true gamblers risk it all. safe money do not make money.
man, i'm holding 89 mil hoping to get to 100mil soon... praying for .01 but .10 would be life changing for my family. we've got a two year old and 3 month old. 10,000,000 sure would buy a shit ton of diapers lol
man, i'm so glad. i hope i can join you soon.
congrats! this just goes to show that anything is possible!
i’m hoping for the same 😊
hell yea bro!! financial freedom here we come!
that’s what it’s all about
im happy for you dude. i hope to be there soon.
congrats and never sell all of em
give thanks to the lord jesus!
hold!! half a cent is the goal
same bro, i’m a student and i can pay off my debt now
this is the way to free
this is the way. congrats dude
excellent, to see this is finally happening is amazing
wait until it reaches . key milestone.
and hodling hard!!!! we need to drop some zeroes on the way to .01.
how much did you initially invest?
i am glad for you my friend! this save a lot of stress and hopefully this will give you financial freedom in the near future!👊
hold brother... this is not the end of it !
how many coins do you have?
hold onto it longer so you can have more we still have shibaruim and robin hood
now is the fun part... hold
thats if you cash out lol
let's see if we can stay with 4 zeros for a while.
congrats my man. you deserve it
i saw this when doge pumped back over the winter and a few potential millionaires held. then elon happened and now they are multi millionaires
great news buddy, congrats!!
what’s a good amount to invest right now? i only invested . i have 8k in my bank account but i’m scared to touch that for this coin.
seriously congrats. interests rates are hell.
happy for you man! many congratulations :)
remember this moment and taste the freedom of a debt burden. a person can only be free when they have no debt. my deepest congratulations.
thus ad was brought to you by ledger live 😂
lets see where this goes, just bought bout 10 mil as well
op said all my debt can be paid off and people are screeching “hold”. shut the fuck up. let this dude change is lifestyle and be debt free. throw your own profits away. the hell is wrong with people.
same - shib has been the best financial decision of my life. every said i was a fool for putting so much money on this asset but i’m glad i saw it as the epic investment it was.
cant think of a more fun or hilarious way to do it than through this coin, congrats man very happy for you!
do it and start over!!
for some reason i cant even sell? i tried to test sell some and it just saids my sale is pending is there a reason for this ( also i am using coinbase)
hold until you can pay off all your debt 5 times over or maybe more
how much did you start out with?
hodl!!! you could help you entire family and the neighbors if you hodl!! million bra millions!!
wow so you have 4 billion shiba
how much did you invest?
god bless!!! may shiba do good to all who really need it.
amazing. life changing. i completely understand if you do not hodl at that point. hard to walk away from that baseline freedom.
love it. are you selling?
if i did any investing. at this point for me . i would sell and be done. debts paid and clean slate. yes some may want to go for more and more . or be terribly sour if they held longer and the money to be made. i'd just be satisfied with deleting all debt .
do it man , debt free is the way to be
congrats!!! if you sell and clear all your debts you can reinvest more soon!!!!!!!
don’t forget the taxes on that.
good deal!! my goal also. congrats.
if you do cash out do not forget the tax man
ooh holy shit man, +56k? congratulations!
in order to head towards the 0.01 or 0001's am i right in thinking shiba tokens requires a very big token burn which will drive the price to the moon and beyond? i believe i have read somewhere that the creator is looking to burn tokens, is this true? 🙌💎🚀
op how much did you invest for this?
gosh you could pay off mine as well
you could’ve paid all my debt at 0% gains
all i know is green means good going to the moon we all hold
so pay them. then grind to buy more. to hodl, you should not have debt.
sell enough to pay your debts and hold the rest. don't hold all and regret later on that you cannot pay of your debts. be smart about it. personally i have 31+ million shiba. it's not life changing for me now, so i hold. my overall portfolio is green again and i am happy. i dream of becoming a milionair, but i do not expect it.
hodl a little longer…
really happy for you!!
can a small business owner have a donation?
what a whale 🐳
what, is that from shiba?
😅 i hope my little bit of shiba will help me get there if it ever hits 1😭
not after you pay the gas fees to sell or convert it! 😂
fuck the debtors and hodl!!!!
it could of been me but i didn’t sell my doge when it was at .71 i’ll hodl instead
if any one can spar just a small amount of shib tokens id greatly appreciate it i have had alot of things going sideways since the covid and its hard to make ends meet and i know its a long shot so i'm just seeing if any of you all can spar a little bit of coins to help me out my wallet is any amount helps and thx for your time and i wish you all wealth
debating liquidating more stocks for the cause 😵‍💫
keep holding! your debt can be wiped out but leaves you with little money. knock a few more 0s and then consider selling for big money
i feel like if you had 12k to waste you already could have paid your debts off lol
can be if you sell before the crash...
well nice... but what about the nice little dip rn
ha,ha,ha. missed out on the chance to retire in 6 months by selling.
so happy with this bull run we are experiencing especially with shibainu coin. love it!!!!! i am looking to retire not just pay debt off and buys stuff like cars. that would be wonderful but is anyone looking to actually retire off their crypto investments??? i am just curious because i desire to be realistic. just feeling grateful and blessed!!!!
how much did you initially bought?
time to go into more debt then!
+136% , +56k with a total of 98k. probably put in roughly 35k to 40k. i may be totally off but thats what i got
“can” is the key word . that profit is not realized yet and can thissolve very quickly , i’m in the same boat btw.
wow man much respect btw what was your buying price?
don’t sell yet… this can go bigger! don’t be part of the resistance that stops us removing another 0… there has to be a burn soon and it’ll be worth more
man if you hold your gonna be richer
just to manage everyone's expectations. our current markwt cap is somewhere around . that means the most we can expect is 100x gains, and that will be difficult to do. i do think 10x is possible before the end of the year, if fomo continues.
sell and pay it off.
i put 60 in and am up quite a bit. wish i had more. eventually my student debt will be gone. every little bit helps at this point. proud of this community.
congrats! don't forget to figure in 30% for taxes or they will b knocking in your door for it next year 😮. i always cut extra checks to the irs throughout the year to dampen the blow
why shiba is going up? any news?
dogecoin at .19 so it is very possible as soon as half the coins get burnt it will shoot to the stars believe me shib brigade
congratulations, make sure you treat yourself to.
jesus, break me off a pieces of that kitkat bar
small holder here, only holding 600 000 but holding it strong.
yeah you also dropped like 30 grand on this token...you could not have paid off your debts with that? lol
just remember to give the tax man his cut unless you want a free room and roommate in a high secured facility.
just don’t forget to pay them
this was posted 10 hours ago, i need know what you're at now??
very nice, i am happy for you. i am ready to be there too.
that is a beautiful sight there,...you earned it!
i'm happy for you. it is like starting new life. maybe i will also get lucky one day
that is awesome!!! congrats
fuckin right, that’s what this is all about!! congrats!
shib is still going up... everyone should buy shib
where do you have your shib at because i have mine in trust wallet and the fees are super high how can i transfer
this is amazing!!! congratulations!!!!
we believed. congrats man
well i'll be honest. i bought a couple hundred mil when it came out, and then buried it when that became available. its one of the few that i got in on at the beginning, and i am not sure the utility of it will pan out...i simply bought wirh the hope of more utility, but with the plan that its likely a pump and dump - and i still have not decided which side i lean toward more. i want to believe, but i'm not sure how far i could let it rise without taking profits. i just know its nowhere near the point of decision yet, because its not enough to change my life in any way at all without some much larger gains. so, i hold.
i’d take the profit now. pay off debt and start investing what you were paying on bills each month
hello, i am new to shiiba, and i wanted to know whats the most popular exchange most shiba inu holders buy from and sell to? and also, is it safe to it in the exchange you buy from or you most shiba holders transfer it after buying? can anyone shed light, i want to buy shiba now, but whats the best shiba inu exchange to buy from and sell to when ready to sell?
hope you held haha
saw this and just bought 10 mil more, congrats man
congrats op. may i ask what price you got in at and how much you put in ? i got in at 1133 with 3 grand and i'm nowhere near your balance. thx
i wish i would have gotten more before the spike to 0.00003. i'm ready to be debt free.
that’s awesome, i only had , but i got it right before the quadruple so now i’m just waiting to pay off my debt…
how much money did you invest when you started off? how much should i start with. is 1k good? please help.
the dude already sold, paper handed bitch!!!!!!!
i'm not trying to hate, but can i correctly assume by this picture that you invested ,000 into a shitcoin? you've got balls.
say... have you received your free shiba inu coins yet? let me help you by verifying your wallet... lol congrats man!
how many coins are there. how real is this? like am i just supposed to wait for the next silly sounding coin to come out? it’s not hate. it’s just seems like i need to hop on the ponzu scheme first.
absolutely amazing well done
that's what i'm hoping. i hope people do not panic sell so soon... if massive cash outs happen during 0.01 then wouldn't we be missing the chance to get 0.1? or did the same happen with doge?
if you put ,000,000 shib coins? that’s what my coinbase says
i have 36mil shib and holding brother. i have a 3mo old and in august i was in a really bad accident that resulted in me be temporarily paralyzed and out of work. i have ltd benefits but it’s 60% of my pay and my wife can’t go back to work because i can’t even pick my son up. not to sound pitiful, but i’m hoping this shit takes off. i’ve used up enough bad luck to last a lifetime, let’s get some good luck now!!!!!
to reach 0.01 shib would need to achieve a market cap 7x that of bitcoin. not trying to be a negative nancy (i am hodling bags of shib to the moon), just trying to be realistic. 0.001 or 0.0001 are much more reasonable, attainable goals.
10 mil would buy you at least 5 boxes of huggies size 6's. and if your like my kids... they wear a different nighttime diaper.
just be patient, hold strong, and buy more. soon, all owners of . woof woof ! 🐶🚀🌗
i’m on the same boat let’s pray on it together lol
bro i’m in cali, and i’m just trying to survive these taxes
literally what it’s all about.dreams do come through
yes bc in who knows how long 1 shib 1 dollar?
.01 cent minimum 😂
i mean realistically what are the chances of hitting .001 or even .0001
is that tht goal or is 50 cents??????
just wait for biden to pay it
will continue to hold. 🙏
only . holding when we eliminate few more zeros. 🙏
how much did they put in?
only what you can live without, and are willing to loose. no one here will give true financial advice and let you know that they are not ( i am not) giving financial advice, me included. the bottom line is it is a risk like a night in vegas. i only put in . but am looking to add as i can. i am willing to accept the roller coaster of price fluctuations for a big payout. good luck with whatever you decide.
that all depends on your risk appetite and how much your willing to lose. you could end up like op or you could lose everything. this is the game of crypto. shouldn't do anything your not comfy on losing. make the best choice for you.
i put in 5% of my savings. it’s significant money that can be useful somewhere else but it’s a risk i’m willing to take and if it goes south i won’t feel too bad.
if holding how much
? you realize that is impossible, right? or near as makes no difference. unless something like 95%+ of them are burned, there is no chance in hell it could ever even approach a penny. with the current amount in circulation, .
i just sold some doge, loopring, and ada to buy more shib!
you have no idea who you’re talking to. but keep calling people retard. 👍
diamond hands is a poisin on reddit. sometimes things go up, sometimes they go down. lets be realistic and reap our rewards
go skirt your little self to the exit and have a seat.
do i want to retire off crypto? yes, as my dream. in reality, always have a plan b sir.
my maths says roughly 35to40k
that was the 24 hours appreciation. bought at
nah. i invest . if you would like to speak to a manager, go run to your mom.
unfortunately you are being naive. if you did some research, you’ll realize this is a very strong coin with real world uses. but since you know everything without needing to research, call it a ponzi scheme. 👍🤦🏻
well if he pays the debt off though, right? because he was in debt double the amount he was invested in shib? so he was like 45k in debt and 45k in shib? and then doubled the money? and now can pay the debt? right? but does someone who does that pay the debt? proof of paying debts or ban!
i have a goal price thats feasible and below the .01 that i will dump 25% of my holdings, that would cover all my bills and give me enough money to pay my sons college debt off and go on a family vacation, then the rest can sit for 5 to 10 years and i will just stake it to earn interest. goals!!!
coinbase is down and many are talking about selling. honestly, it is those kind of people that stop us from mooning in the 1st place
price is up now... apprx 25,000,000 shibs x 10 = (,000,000 shibs... 10 mil shibs cost ... refresh your coinbase page for update... when i bought in last month i paid average of ... wait for the dips to buy and sell a small amount at the top... always take some profit or just get back your original investment and hodl longer term...
we with you man. god make our dreams come true.
anything is possible. do not let fudders tell you it can’t. no one really knows. so why not find out together with us? it would be better than aww dang i missed another one. should coulda did not make you wealthy.
realistically if i told you i would be sitting at 220% returns in a week a week ago what would you have said?
i think it’s reasonable to expect us to get at least as high as doge coin is now
these are the convos we were having about doge in 2016. never thought a penny was coming let alone .25.
if doge can do shib absolutely can
be realistic and stay poor.
i’d say pretty damn good sitting here 21 days later. lol.
don’t forget to bury it, at least. you’d be making some solid passive income
you went all in! balls deep 😳 congrats sir
don't forget to save 50% for taxes just in case if you cash out. you do not want to fuck around with capital gains come tax time and be blindsided owing 50k.
please take some profit!
what price did you buy?
please do yourself a favour and reap some rewards already. especially now that we're reaching ath again. ' even if it is to reinvest when it goes down > 60% again, do yourself that favour, please.
i honestly don’t remember. i just saw the screen shots of the “diamond hand” hodlers and thought, i’d cash the out but they were stronger than me.
i‘m gonna hold until it either goes up or until its worth nothing
keep it let it grow. :)
nah. you should have kept ada. doge though is the easiest way to buy shib!
not gonna lie... crypto had me fucked up and showed a massive dip and i was down a couple thousand. closed out and opened back up 2 minutes later and its back to what it was originally
im honestly so so pleased for you. i got into crypto to do exactly the same thing. the banks have held me by the balls for over 10 years, accumulating high interest which takes forever to pay off. the debts were all for emergencies so its not even that i have a supercar or a rolex to show for it. now i am in crypto and once i pay off my debts 🙏, im staying in. really pleased for you and i hope you continue to reach all your goals.
hell yea!!!!! get his hating dumb ass
karen!!! karen's portfolio is 100% doge, thats why thers hate. everyone in doge is dying right now. we dont need any haters in here.
i was trying to commend you man...
it’s called fucking shibainu dude. it literally started to just to be a pump and dump man. come on. what real world applications does it really have bedsides getting people rich who bought it at the right time? it’s making you money though so you don’t like to hear others who doubt it’s actual practical validity. even stocks are fucking getting so pump and dumpy. this whole fucking system is just about people hyping shit up. this coin is getting big because of a tweet.
also it requires everybody holding to inflate the prices. like y’all literally have to coordinate to make this thing work. i’m not saying that crypto isn’t useful. just that this one in particular is a meme coin and it just about finding the new coins and waiting for the hype to cash out for som wild ass gains. that’s it real world application
that's a great way honestly!
that sounds smart. how do you know when it’s at its lowest dip? or do you just guess?
i paid abt same for my 30 mil.
true true sitting on 11mil love to have more to put into a college fund for my son...im in it to win it
it can hit 1¢ if we see massive coin burns- and a lot of them. with the current supply, .01 is a mathematical impossibility. i'm not encouraging anyone to sell because i think we have a lot of growth left, but the naysayers are not just spouting baseless fud... there's a reason behind that and it is important to temper your expectations hold, but do not be unreasonable towards yourself or others
...unless he is got a ¯\\\_(ツ)\_/¯
genuine question... if you converted shib to busd and bought monero and then cashed out would that be traceable or taxable?
very little ada was sold! ;) lots of the others
the best part is i can just block you and delete you. 😂 you be gone. 😂
yep, i think -12k total. i bought it in 3 chunks i believe begging if year i think.
i guess my preface was completely ignored, but no i do not own doge i'm doin ok with ethereum. how old are you man? relax.
if i do it that way, i will make 20,000% from my original investment and if the rest tanks, at least i still came up. but i would not feel like an idiot if it soars and i sold to early.
hi! what i do is dollar cost average in and dollar cost average out at the lows and highs... its more than guessing because i try to get as much info as i can from youtubers and chats like here... the best and safest coin is of course bitcoin... if you look up future price prediction it can be very startling and overwhelming when you see numbers like ,000,000 !!! ... but of course that probably down the road with 1 or 2 more bitcoin halvings... patience is a virtue now... so we wait patiently for our rewards... but in the meantime we all have hope on coins like shiba inu for a what if moment in time... you are amazing... and i believe in you!
<3 thats great... we are the ... :) good luck seeu
college is a scam that’s wayyy overpriced. give him 100,000 to invest in business or himself and i bet that would get him farther than any degree. unless your kid is a genius then they could potentially make a lot of money lol.
agreed and i totally anticipate a burn. but if you look at crypto as a whole being a 2.2 trillion dollar market. crypto is a baby and who knows what will happen in 20 - 30 years
that’s it. there is no answer in crypto. anyone who tells you different and they have the answer is lying
anythible. *** ^(bleep-bloop, i'm a bot. this )^[portmanteau]( ^( was created from the phrase 'anythings possible')^[faqs]( ^() ^[feedback]( ^() ^[opt-out](
correct, assuming you have not tax harvested losses... lol but you can only claim 3k per year in tax deductions for capital gain loss... so... you'll have 3k per year in extra deductions for quite a while
anything on the blockchain is technically traceable, if you did it on an exchange, it most likely will be seen by the irs at some point. crypto-crypto conversion is a taxable vent.
that makes sense :)
i did . oh well.
i do agree i've been inlaw enforcement last 10 years he is only 2 i do not want him to do anything with law enforcement... and i feel if he goes to college he is more likely to get into something else
plus you have to put it in a bank account which will flag the irs unless you deposit it very slowly
yes thank you for your service! i agree being in police force is even more dangerous than it used to be. i get it though we need people to do it. but yeah i have family that are in the force and i haven’t found one that would recommend being an officer. it just really grinded then down emotionally.
thank you for your service. if this goes the way we all hope, money you have invested will be worth a lot by the time your kids in college. no matter how much i make, i'm gonna keep holding. when it is time to cash out, i'm gonna cash little bit at a time. i only want enough to make sure i'm financially stable and able to stay that way.
thank you. it's been a tough year for leo's but remember there are way more good ones than bad ones that really care about the people... college has become a for profit institute ... and it is definitely not needed i just want my son to know he has options o love my job i love my community and everyone in it...i believe in up holding the constitution... my big dream is to get out alive and start a community center for kids who need guidance and a mentor
as a recent college graduate i’d say this is right on point graduated with an accounting degree i met a few great professors and friends but college is just worth the experience but i graduated debt free paid all outta pocket would not recommend 😂 it was hell work work work school
that’s the way. doing what you love! yes i do believe the good police outweigh the bad ones as well. firm believer in that. i think more and more are in the mindset to hold now regardless what happens so we are in a great spot right now. the hardest part is coming. when our bags reach a value of significance that would change our lives but still continuing to hold and maybe take some profits. for the army lol
if you’ve been in since april like me, this is no drop this is a good sale before we break 0008 again and blast past it.
over 700% increase in 1 month…...shib is not dropping mate 🙄
my 130 million shiba ain’t going anywhere
all crypto is dropping hodl this is just a shelf for the next 🚀
most of the crypto are dropping. shiba is still good. buy and hodl.
remember a viper always coils before the strike
holding 61 million and buying
the whole crypto market is down. i truly wish those that invest understood market fluctuations. i’ve been in shib since april, buying dips and for some time i was running at a loss or barely breaking even. not being a paper handed little biatch, holding, knowing that this takes time. i’m now up 400%. why? because i left it alone.
that was a nice dip! picked up another 50,000,000!!!
i will hold hold hold hold to
this happens every weekend ...😂😂😂😂😎
please understand fibonacci. nothing goes straight up. we go up on cycles. a little up, a touch down, up again, little down... up, up, up... down, down, up, up, down. in the end, we are up. the sequence also goes backwards in the same way. when its down, buy! do not sell on down days. say it with me. no selling when its down.
i bought another 100million shib. love me some clearance
what drop -15% is a drop for ants.
me no scared of no drop! that just means buy more!!!!
the one thing history has taught us, is that in difficult times people do stupid things that seems rational at the time, but in reality turns out to be the biggest mistake go ahead be like the early apple investor who sold his stake for .00, only for it to be worth north of
it’s not dropping…it’s a fire sale! buy that shit!!!!!
is the weekend, this is normal.
buying more and hodling :d
dropping only if you just started following it. im up nicely and anticipate more returns coming. good time to get in you havent already. it’s nowhere near it’s potential yet. jmo.
still hodling, still green 😎
i got in super early with …... im still holding
holding 2.95 billion. just ordered 500,000,000 more to make it a nice round number. 🚀🌙
dropping? yeah maybe…went up 1000% in a month. i think taking a few bucks off the table is only natural. your normal stock goes up 10-20% in a year. everyone just chill…dca…and hodl…the people that bought last year and beginning of this year have been through a lot worse, and now they’re millionaires and’t give a shh about dips 😉
what is the realistic height it’ll go up? i don’t see .01 any time soon. circulating supply is just too high at this time. we really need to see significant burns and soon or shib is not going anywhere. i’m still holding but during the rise i put some profit into other crypto. bit, eth, cardano. i feel good about that decision. i’m still up 5x my initial investment.
anyone hear if robinhood is going to have shiba on its site?
we need it to go to 10 cents
i think you mean it is on sale. 🎉🎉💲💲
i’m holding strong on my 4 billion. i bought in 5 months ago. my bag got fat looking last week! but hey it’s all good in time!! it’s just the normal crypto bounce!!
fuck it i'm buying more lol
holding my shib . we made it this far and just the beginning... do not be one of the i wish people!!!
bought my first million for 's going to drop a zero! so now i'll pass this on to you... it's going to drop a zero! you can buy a million for about , right now. hurry! this deal would not last long.
i'm holding been holding since april 2021 never selling i should be rich april 2022
nope this is normal in crypto. i’m holding.
this am not a drop it is a consolidation
gotta stay holding at 1 million. can’t make gains selling every chance you get! also got 32 mil in elon, but i’m expecting both to rise exponentially in the near future… hopefully!
people the big fish those whales will sell just to drop price then we the people sell thinking shit it is going and going but really if you hold do not panic you will earn as the big fish those whales are just trying to rebuy more at the lowest price possible if we hold they will see there is no lower price to buy this is so do not sell make them rebuy now this is the lowest price .
everyone relax and enjoy the day!! i’m buying:
me i was loaded more 💪
my investment is still 10x. let it drop a little so i can get more xd
don't worry, patience... everything it is going to be alright...
i'm still holding and i'm planning to buy more.
bought more and hodl
ngl i wanted to sell but something told me not to, and i listened. nice to see it rising again. i woke up to the dip like 💸💸🤣
holding. i have lost 5k but still holding 👍
hodl 380 mill shib
i still hold and my plan hold long time more than 3 years
hodling 10m shibs. not letting go til the fucking sun
u can only lose if you sell... hold on to it
lol imagine selling shib
it'd be weird if it did not drop. it's totally normal. i'd be more worried if it kept going up. at least the price is stable and enough shibaarmy is hodling. let's be patient and wait for it to slowing climb.
holding 32 mil still im not selling
haven’t sold a penny bought more in fact
buy the weekend dip! hold!
i’m in pac-man mode right now. who’s with me?!
why would we sell now?
i want 0.00001 😈 to reload for my retirement
i suggest people who love shiba and like to watch what's going on to check the best youtube guy online search josh's finance on youtube he is basically online 24hrs live
consolidation. it's gotta build momentum
it has found a new floor. that’s all. hodl
you call this a drop, must be a drop in the ocean because the gains over the last 2 weeks were ridiculous
got nothing to lose, and a ton to gain, might as well keep holding
it's still holding pretty solid in market cap.
i always look at what it is over the past week. did i sell at this peak...no but am i still way up. yeah.
hold until it reach 0.01!!! 🙏🏽😃
still holding! this is just the beginning!
not a drop...it is very stable. waiting for next push.
hodl!!!! bada bing bada boom to the moon!!
it's just a temp dip. watch it bounce back
why would you sell? now is the time to buy more
oh now its rising
look at market cap! it’s good and the volume is pretty low means people aren’t selling as much we good
that’s normal like they say it can go up all the time. i hodling a meme stock that went down from 72 to 35 but still up. shib is new and only diamond hands will truly reap the benefits of this token. it’s ok to sell high and buy at the dip but it doesn’t always dip to the price you want so just dca, nfa
i put more in. i’m holding. but i’m scared.
i bought on crypto.com with crypto earn i lock the door and throw away the keys. can’t sell impossible
keep holding do not sale it will pumb up soon
i just know i’m holding so i don’t even look anymore
me. let it drop! more to buy for less🥳
i’m on fat gains. i’m holding fat gains. 👌🏼🥃
we gotta hodl friends! hodl
i bought today big time.
it's in consolidation brobeans...cool off stage!! stay shibby 🤙
consolidation doesnt mean drop.
of course i’m still hdling! not true believers if your not!
this is the time to hold. fear selling is the worst mistake you could make. it shows if you’re a newbie or not. welcome to crypto.
hold indeed scare money do not make money
relax, it is just a dip
shib is correcting, its time to buy again.
still holding. why sell now when i didn’t sell at ath? moon!
i’ve invested enough to not get sweaty palms and sell. i’m in it for the long run. 5-10 years if need be.
i've still got triple what i bought in with so...
i’m. to the end
just put another 200usd
bought another 700,000 just now. ride this ship to the moon.
this is normal for the weekend
hodl you 📄🙌🏼 beotches
back on an upward trend atm.
i'm still in the profit range. it would have to gain a couple of zeros to get my hackles up!!
bought more ar 62
shiba inu as other coins dropped today night. but now is growing. i think on monday and when we can reach 500k eligible for robinhood then 🚀🚀🚀🚀
just a correction - chill. drink a smoothie or something. this is how markets work. breakout, retracement, consolidation, breakout.
it’s becoming stable overtime and grow like doge. amc said they’re now rolling out crypto payments.
buy the sale. hodl.
some may say its value is dropping i say black friday came early this year holding until we reach the moon
🙋🏻‍♂️im holding easy answer just snacked at .000061 to get 1% do not touch it take here and there tiny snacks or trade with the 30% but hold the 70% till .001-.01 then fuck off do what ever you want lol
not selling to .10
check the daily chart. hasn’t broken support so it is in fact not dropping. it’s simply consolidating.
we are all going to die! aghhhhhh. uranus
those who hold will be richly rewarded
bought more. gotta lower my average
let it drop some more i can’t buy again till tomorrow lol
i expected a correction after the spike. i just got in, so i’m at a loss now, but i believe it will go up and down and then spike big again.
holding half until we hit
holding shiba, bafe, just added👉 pp on hotbit. could make us millions 🤑🤑🤑🤑🤑🤑🤑🤑
hodling!!! and still up! buy the dip
holding or selling is subjective. first, shib is not down as others pointed out. it is subjective and a personal decision and some people got their bills money tied in and panic and that is understandable. only you know what you need, all i know is i've grown a pair of... diamond hands
i hodlll no matter wat
actually it’s going back up
hold and buy !!
1.3 billion added another 100 mil this morning at the dip
76 mil holding since august and not going anywhere
hodling until we reach the moon
just picked up another 100mil , buy the dip and hodl
this is to be expected. just part of it.
im 450 million shiba and holding💎🤲
i am still holding, why would you all not hold?
this shit ain’t nothing new to a boss . holding until i make millions
i buy when it drops not sell
not a drop, this is a normal dip. get some while it is cheap.
in crypto, we got to be ready for 80% drops... 90% drops... and also massive gains. the art is knowing when to sell to fix the gains and when to buy back in.
hold forever😍🚀 you also should check out tking and tcub🚀🚀
im holding. i just startied to mine shib at a slow steady rate, about 1.06mil. i’m hodling out bois.
dropping? my accounts been the same for the past few days
most definitely still holding
haven’t checked it in weeks.
if is dropping great buy more. and hold
lol man we’ve all made so much profit if it drops we’re still in the green. if it dips, we buy more since we now know the potential it has. it hasn’t even been listen in robinhood yet. that’s going to blow it up even more
i do not see it dropping. i see it going on sale.
up 65% for the week and 854% for the month.
missed today’s dip. dagnabit. lol
hodl buy the dip
holding 5,500,000 shib currently considering whatever happens over the next year to be entertainment, i could lose every cent i put in and not care too much but i think 12 months from now i will be very happy
dropping? discounted. yeah i bought more
if you don’t have the thiscipline to hodl when it dips, how you gonna have the thiscipline to hodl to the moon when it starts to creep back up? play the long game, folks.
nope not selling until .01!!!
i’m holding 250 m for 1cent
still hodl bought before first rocket at 0.00000606 i’m up still
i’m about to drop another 1000’s low ✌️👀🎶
just going to forget i have my coin until we hit .1... see you in a year or so lol.
brother it’s only in a consolidation phase ! look at the charts . the amount of attention , news and love behind this coin. it can only go up from now, it’s a consolidation phase after that bull run when everyone started to take profit and selling from it.
every cryptocurrency ran up the last week, it is all consolidating right now. plus shiba has some very interesting catalysts coming up.
i’ll hold my shib for 3 years, minimum!
i will hold and buy every dip that comes along. shib is going to the moon 🚀🚀🚀🌕
i am. i also think across the board there are losses so that could be it.
⚡️⚡️buying in ny…. any suggestions which platform is unrestricted in ny for shiba? ⚡️⚡️
drop? what drop. bought 10 mill. today.
still hodling not much but it is something 3,600,000 shib
i hold the next 10 years
if you invest or trade based on emotions you will always fail and lose. just increased my hold to 200 million.
don't sell. buy. it's practically black friday.
holding for a few years 💎🤲🏼🦊
hodl until 2025 took out 50k off !
yeah i'm scooping a ton this round. be happy for this little dip, cause we am not going back to .00002
i bought 8 million more at 62 or 63
pumped a bit more hodl long term.
the bigger the dip the bigger the thiscount.
shib can drop all the way to .000000000000001 and i’m still gonna hold it. 💀
this is no drop… you should have seen what we’ve been through months ago.
the army is stronger than this.keep holding, this is crypto.
i’ll put it this way, i am retiring on shib.
... nows the time to buy lol
my shibs are still locked for staking on binance for 2 months so i guess im holding
like anything it will have minor pullbacks and corrections caused by profit taking buy the dips and hodl
still got my 20mil shib on hodl
im +, im holding
crypto is a bit bearish at the moment, it’ll straighten out.
yeah? well i am all in... and getting some more while it’s dropping
just the beginning. no way i’m selling, check in when it hits a penny 💎🚀🚀
i’m buying more if it keeps dipping 😈
i'm at 68 million on my way to 💯.
me 🙌i’m still positive that’s it’s gonna hit a new time high one robinhood starts selling it 🚀🚀.
1.2 mill shiba holding
1.7 billion and holding!!! stay firm…
just bought my first shiba. just 1m for now but i’m in for the ride!
shiba is eye candy to me every time it drops especially like this i buy more. 4b + and holding the line im retiring by the middle of 2022 💯
i'm holding and buying the dips.
dropping hell, it is resting after a record run. of course we're still holding, the better question is "who's buying more?" (hint: it is probably all of us, good time to buy before the next run).
everytime it drops under 5 i take a little more lol
not only hodl bought 30 million more. shib is the way
i'm going to buy more today
just to get in trend : omg drop what drop buy like me i bought another 12 billion and will never sell just buy buy !
took out some rent money but still holding lol
dropping just in time for me to buy up another 1k usd on payday tomorrow.
hey guys! i hope this isn’t a stupid question and is allowed here. but i’m new to shib and want to get into collecting it. i was wondering what other people were using to buy.
i'm not worried about the drop and have no reason to sell any time soon... but, i notice a lot of emotion around this coin, and honestly, it is silly. don't be cult-y about this (obviously not most people, but a lot of people). all the patterns in the world cannot predict the future. i think shib is going to do well, but it might not.
i am holding 140 million . most crypto is down today . i sold doge at 0.05 because of fud . i do not want to make same mistake .
and here am i with 9.7 milion shibas, but seeing al those people shouting 'i got 50+ million shibas' makes me wonder if it will be worth something in 2 + years
if your not holding then your stupid everything is down
hodling and buyin mo
im still holding with 3 mio shib
i'm buying more every time i fall.i bought 1,000 dollars more.
still here. going nowhere.
we just hit 878k hodlers!
not just hodling, but buying more as well! my goal is to get 50,000,000 coins. 22,000,000 so far 🤓
thanks for all the confidence shibarmy! i panick sold a 2 days ago. lost 20mill in my first day in crypto... but i believe! found som more places in my life to consolidate. 😃 back up to 85 mil cute little shibas.
buy buy buy. this is the time to expand your holding! go shibu go!!!
not me. i bought more and hodl more.
you buy when it drops
a sale is a sale. let’s go shopping folks!
also the amount circulating is almost to max supply of them so...
still holding my 60 ish million coins 🪙
still holding and bought the dip
i buy when go down happy
this is normal guys…. for every 🚀 you have to build a new launching platform.
i’m not going anywhere — hodl 🚀 buy more during the dip!
it’s called a correction. it can’t just blow up and then stay there. that’s not normal for the amount of buying. it will correct to a certain lvl and then stay pretty much thrrr for a while.
why sell for pennies when you can hodl for dollars?
it don’t matter much. it will rise again. i’m honestly not even checking it. only put in what you can afford to lose. i’m just letting it sit. i check every week just to see where it’s at.
be snagging some more when it drops below .00006 again but yeah i only sold enough at the ath to cover initial investment back at .00002
well duh… hold forever damn near.
i'll hodl for years brothers and sisters!!!! 500m strong staked
a poor patiently holding 10m
it’s just a better time to buy more shiba
is patiently awaiting our listing...💎💎💎
i only panic buy.
not giving mine up for anymore whales to snatch them up. lol
i'm way up no matter what...hodl
i added 5 million
dude just look at the 5 day chart were holding pretty good . i wanna wanna say we're consolidating. it's just depends if you bought the tip of the iceberg or not . according to charlie the last couple of breakouts we had we consolidated for about 15 days then took off. don't panic.
we hodl till. moon
it is the weekend, don‘t worry…
yes bro i’m not trying to be rude but have some patience. your money isn’t just going to go to thousands over night. you just need to be thisciplined. this happened to me a month ago and it was it 38 and now my money is sitting at 67 i promise you just wait it will be worth it your money is not going anywhere it’s only going to go up over the next couple of months
i sold at .000088 bought dogelon made 260% of % on that and now i’m sitting at ,240 while y’all are still holding. it’s not about holding one coin it’s about research and learning roi. stop hoping for one coin to make you rich it won’t. (that was one day) ^
not dropping. just hovering the same way it did from oct 8th till about the 23rd. this is normal it seems. if you’re in it for the long haul just hide your crypto app deep in your phone and try to only look once a week. that’s what i’m trying to do.
still holding here, i have faith on it
i am hodl for sure!
i am 2 billion. in australia it comes to 258k now 195k still holding
this is just the new floor
nothing really drops it just goes on sale , :d
hasn't really been dropping... just stable
i'm holding. this is nothing new. had shib since april and it goes for a good run than drops. i invested for a long term 5 yrs minimum so i'm happy to buy and hold. only got a small amount t compared to others but it is all i can afford.
also if shib does drop... just buy more
im still wayyyy up. so let it drop
this is not a drop, i think shiba is the most strongest crypto i have seen so far, still holding my 475m and will continue to add up i want to hit 1b then hold till i am rich, guys keep holding and add more to it don’t let the fake news makes you panic and sell, the big dog’s it’s just late to the game and teaming up with all these trading platforms to makes us panic and sell, but trust me this is our time and chances to become rich hold and keep adding shiba army too strong and shiba most definitely going to the moon🚀🚀🚀🚀🚀🚀🚀
lol it was at 28 2 days ago relax lol
if it drops more i will i will buy more. i trust shiba. if it remains like this for a while until i settle some my personal stuff, i will put about ,000 more buy
i’m so worried i haven’t even looked :)
i hodl cuz i have no reason to sell yet. i'm not a millionaire.
we holding til the end!
still holding my 15mil
i wish i had some money to buy more by more shiba
i’m holding! only 10 million but holding!
buying more and holding
✋ holding strong 💪
hodl to the moon primos
i have 76, planning on going to 100 because that is all i can afford to lose right now, hopefully it pays off even a little bit 🙌💪.
hodl till i hit .01
still holding. this is just the beginning
i'm buying dips, hodl
it looks like floor it’s not dropping is steady in the 0.000060’s this is the true test on the ones that believes in 🚀🚀🚀💪🏽💪🏽💪🏽
buy more this is a multi year plan
imagine where it will be 3 yrs from now
i'm still up ,000 on shiba.
all crypto is bombing, everyone saw the jumps on mana enji sandbox and storj too and then the big chiefs shot it down.
when you sell, you lose.
been holding and will continue to hodl. thank god i did not sell a single shib.
currently hodling all 4 mil coins (so far).won’t paper hands until i’m either able to buy a house or in bankruptcy.
i have several limit buys waiting to catch the dropping dog.
i’m holding because my hold is long term it can go up or down i’m not selling until we hit .10 even if it takes years nobody said it was gonna happen overnight
i don’t consider this a dip because i got in early i’m still up 600% with this “dip”
ahh i think finally i figured how to respond 😂😂
my 410 million shib are staying right where they are!
has everybody who hodls shib seen adam aron's poll on twitter regarding accepting shib at amc theaters? if not, i highly encourage everyone to both take the poll as well as like, comment, and retweet the message. adam aron made a post about his dogecoin poll having his most ever comments, retweets, and likes soon after his dogecoin poll was completed. well, my opinion is, let us make this shib poll his most liked, most retweeted, and most commented on post!!
it’s just dipped a little, i bought some more a few hours ago around .000066 and it’s already gone up a bit to .000070. keep hodling, and buying more as it dips, take some profits when it goes up again so that you don’t panic!! i’d suggest taking back your initial investment at least after another bullish push, that way your emotions aren’t as involved and you don’t mind if the coin goes to 0. that’s what i’ve been doing anyways. hope this helps ^ ^
remember... nobody ever said doge would ever hit a penny nevermind a nickel when it was at $.00025 a year ago. $.76 cents later made a lot of people rich. do not sell
shib gonna stay droppin, cathy woods pushing doge in the news.
i’m holding until i’m rich
i will not hodl or hold but i will buy and increase my buys! 🚀
good to see everyone’s still holding ! 🙌🏽🙌🏽🙌🏽
i got my first 20 or so million for 6-10 bucks so i do not feel like anything over . i picked up a few more at & . i do not want to look back and kick myself for not buying more at . in my book, a dip would be an extra 0.
i have had 22,500,00 shiba since may and it has went up and down a little but this time it went up so i sold it and was going to buy more but it took off. so my 150 dollar investment would now cost 1500-2000. so pissed.
shiba is not for traders. it is for a long term hodl. if you want to trade just buy when the price is volatile. is shiba dropping? it depends on your opening position. i bought when it was .
holding for life changing money
yeah yeah, your sell is my buy… 🙄
bought some and it dropped instantly. sounds about right.
i have 14m and will be holding!! 🍺🍺🐕🌎🚀🌕
holding for long, robinhood agreed to post shib on their platform
it’s not dropping, it’s just setting the new floor... you hold and everything will be fine in the end
hi fellow shiba holders, i have created a youtube channel to burn shiba. please subscribe to the youtube channel and watch the videos. all proceeds from this channel will go towards burning shib.
shib will act as the market act acc to eth and bc. its the perfect coin to tip to pay to have fun. amc has a good idea
should i buy now ?
crypto typically drops every weekend 🤷🏻‍♂️
if i cant buy a house, or have a deposit on a big house, i'm not selling.
anybody having sleepless nights? lol
yeah, but fucking get out of 99 and hit 100 +😩
just added another 60mil
love the smell of sales in the morning 🤣
what about today?? 😂😂😂😂😂😂😂
i got nothing better to do so i’m holding until .00
i'm hodl and buying more lfg
of course. i only bought for 10€ but i'm poor so hey, that is like what i spent for food in a week^^
bought more and holding. i invested about . it's worth +/- now. so i'm on this train til we hit the moon. if i can hold doge since 2013 you can hold too.
i wouldn't say it is dropping if it is going up
i got some more! best of luck everyone! i hope we all see some life-changing profit!
stay hodl!! we're going to mars!!
we're up 1077% in 3 months. i do not think that is a drop
going no where. it will kick back up a few more numbers. i had hoped for a 0 drop off but oh well. this to is eventual.
btd nfa you scared 😱 you spend rent 💰? dtb
we pumping 10 , ever cent counts
shut the fuck up with these lame ass posts! "you holding??!!" "d0 i sell??" "why are dro0ping,??" "when s€l\?" for fucks sake do we have any mods here?
keep selling so i can fill my order at .00004. then they’ll be locked away while it 🚀. i’ll check back in a year to see how y’all are doing.
only pussy can sell
swapped to usdt at a high, waiting for a good dip to get back in
shiba is not dropping. it's up 700% in 1 month. stop creating panic
carbon nano tube hands here
some of us have been here holding for an eternity, when the price dropped to levels you'd all shit yourself at. can we stop posting this same question every fucking hour. sell, hold, who gives a fuck. do what you want. post something of value.
who cares bud. you can’t time the market. i’m not being rude, just advice from experience here. if you hop in and out of any coin the fees will eat up your profits very fast. the crypto exchange markets fees are pathetic compared to the “real money” market (lol). i’m not knocking crypto, just joking. but my advice, and i believe anyone’s advice that’s been it a while is to not try to trade in and out. your account will get crushed.
when in doubt, zoom the fuck out.
all day!! shib to mars🚀🚀🚀
everytime the price goes up beyond 0.000066, some guy is dumping a shit fking ton. who is manipulating the market?
buy the fkn dip and shut it, read and learn before posting noob sht like this-
my fil tried to buy during this dip and it limited him to only buy . anyone experienced this? reasons why?
who cares. so tired of people posting this lame question.
it has not dropped enough for me to buy more 💎💎💎🚀🌕
every little dip "shib is dropping!!!" 😵
u always hodl stop shiba trolling wen it goes up and sell wen it drops y’all r very ass backwards these days
been hodling shiba and safemoon since like march or april so i’m seeing my gains regardless but if you just hopped on the bandwagon of course your contemplating selling
buy the dips rookies
not dropping. learn the fundamentals of crypto. besides, a dip is only green light to buy more. 89,000,000 here and growing …...
it's not dropping .it is been sitting between 6 and 7 like this for a week now
shib is not dropping. 😒 when in doubt zoom out. stop inciting panic amongst the paper handed newbies.
i am reaching x10. stop the fud. all cryptos go up and down but we are up about 900% since last month.
oh nooooo’s…i got paper hands.
you can give it up buddy. shiba community is stronger than gme and amc community. we don’t get rattled, we holding the line till the end of time stop with the fud buddy
delete this bs. all crypto drops every saturday through about 7am cst monday morning. every week like clock work. this is historical and verifiable.
take your profit and run before it drops to 0.000005
dropping a shit on dogecoin you mean
stop spreading fud. it’s consolidating not dropping. please learn the difference.
wym who’s still hodling ? everyone. it’s a currency, i’m hodling until i need to buy a lambo in 3 years
holding until life changing money.fud cant affect me!
just purchased another 10 mil. buy low and sell at !
i’m still here and added this am
it’s dropped and gone right back up all weekend. hold the line!! also it’s up in the last 8 hours.
i'm holding and buying 🌜🌜🌜
what idiots are selling now. its still very early days.
buying other 75 millions to hold will be total 225 millions...👍👍👍😀😀🙏🙏
i have 33mil and held through the ath imand still holding
simply hodl. it’s for life-changing money for you and your family, not extra money.
by friday we will be up 2 folds
i hope everyone is hodl and if you cash out, i hope it is worth it. let's go shiba
to the mooooooon!!! 🚀🚀🚀
time to buy!! not sell. 💎🙌🏻
when in doubt zoom out!
come on bro... is there a need to say that???
the market cap dropped so much, a lot of people cash out.
we are all holding only paper hand beeeyitchs that invested 100’s up hold hodl
buy high sell low folks, gotta play it smart.
what you talking about foo
i am still holding on my shiba
idk how long ago it was,i got shiba 3 million for 20 bucks. now its 204 for 3 million. crazy
can’t make money if you sell in a dip
why pull out? it's still on the low! hold em!
this bitch is checking in! hodling
🤣🤣 who wouldn't be? the best is yet to come. and that is a fact!
still holding on my 19.5m
hodling?! i’m mad it shot like a meteor last week. i had just sold 150mil coins at .00035 hoping to gain more at a dip. i’m here wishing it drops back down to .000035 at least. 😭 always hodl, people… always!
just a quick drop before the big blast off to dropping one or 2 or fingers crossed 3 zeros!
i am up 250% got 402,555,000 just bought 14,555,000 mil on the dip .gave my team some sharses told them to hold them.
it’s a sale! as in you better buy more and hodl with me
i do not hear no bell
im still hodl but also buying in this dips 😁
honestly, i don’t even see it reaching 0.00009 ever.
they also laughed at the first ones who bought btc when it was worth nothing and they did it as a joke and today they are billionaires ... the price will not reach 1€ today or tomorrow or in a year ... but if today you buy 10k€ at the current price it is only necessary that the price reaches 0.000100 €(current price 0.000060€ and price 1.00000624 €) to earn 6400€ of net profit. i think not bad ... or maybe im retarded hahaha any more reason not to buy?
whats going on? falling, falling. who has some news?
def hodl! anyone notice the graph looks familiar? it looks like it is gonna stay in its current range (.00004 - .00006) for a few months if it is to repeat doge and others. but this whole burning thing, teslas payment page source code, and other stuff in the news about shib - who knows!
not much of a drop, in comparison to how this coin has grown on such a small time
posts like this make me want to unsub
why y’all scared ? please someone tell me what’s the fear. the amount it has increase vs the current decrease.
fuck the fuck out of here. zoom the fuck out of the chart and see how much we are up. ask a new fucking question.
lol, didn’t age well
post is just fudd. shib is not dropping.
only true lions hodl. the lion does not bother himself with the opinions of the sheep
hopefully fuckin everybody. i thought we rid ourselves of the paper hands
keep your paper hand attitude away from the skittish people!
if you bought in a couple of days sgo, than yeah we are dropping. other than than... this post is bs.
it's called a pull back ffs lol look at it now... >\_>
are we really gonna post “who’s holding” every time shiba dips? it’s crypto, it goes up and down.
in which dimension is shib dropping?
sure is cant wait till robinhood
im since may 🤣
right wait for the next 0 to drop off
the most sound input! 700% is not a drop
i just nabbed 20m more! buying the dip!
keep seeing posts like this and rush to check my portfolio only to see nothing has really changed... so annoying. if you're checking your investment every five minutes every fluctuation is going to see like a huge fucking deal, when really it is not.
exactly this right here.
yes it is dropping but rather correcting for another blow up
stop with this nonsense
whats your price avg?
same with my 410 million!
i’m down like …. still up .
i added more. this is long term for me, plus i aint gonna pay short term tax on this
ahaha yeah sure like dodge did after the 0.75 mark went to sleep and never again
holding strong in the 5's. looks good...
how can you all afford so much😔
woof you’ve been buying since april and are only up 400%?
i missed the dip but i’m happily over 4b already and still gone buy more soon
i am holding as well. i don’t ever see it hitting ’ll be sitting real nice if i sell at 1.
it’ll hit a dollar with all the token burns but probably not for around 20 years
up up down down left right circle start
sounds like the contra cheat code. up, up, down, down, left, right, left, right, b, a and start don't sleep on shiba inu. it's outpacing all the cryptos and will be worth a dollar within 5 years. i'm all in baby. working towards that billion so i could give all you naysayers 10k just for playing. 💪🏾💪🏾💪🏾🚀🚀🚀
this drop needs to be at least... three times bigger than this!
way to go iam down 50 % iam still holding!
good words buy buy buy
same. but i did cash out some and used the money for home improvements and a new roof on my house. initially invested .000003 and got over 500,000,000 coins. sold around 125,000,000 coins when it pushed close to .00009 for around ,000 before taxes. still holding around 375,000,000 coins with a value of around ,000 currently. im happy to hodl and ride the waves for a while. i've already cashed out once and made a profit, the remaining can coins can sit and rot or set sail to the moon, either way i came out ahead.
to get to 3 billion you needed 50,000,000 not 500,000,000
that’s what i’m talmbout-
i do that as well. skim 25% off at 4x and then again at 10x. rest can ride.
cardano has been fucked and i don’t that changing either
anyone hear how robinhood is a horrible manipulative tool that should not be trusted for investments?
that would be heaven
what does consolidation meaning in crypto?
great point of view 👍🏽
almost had a heart attack trying to read this with no punctuation... but, agreed.
it’s going to take one more zero off next run
and if they explode i would not be poor anymore so... why should i sell?
this is what i did. added 5m. sitting at 20m now. really want to get to 100m
i mean they’re not wrong. this time last week it was at 3800
over a few months i spent about 900-1k for that
do you get taxed the moment you transfer to bank or when you make a sell??
add -50 here and there and it’ll add up quickly, now is a good time to buy this dip.
don’t eat just buy. sell your home and buy. sell your body on the corner and buy buy buy!
some people even sell blood plasma each week. i work, and do taskrabbit part time and earn 1800 to 2500 a month extra that all goes to crypto.
i bought some at .000007 and i’ve added a few dollars each week. x you can get 1 million for less than .
i got 698 million dogelon currently and 23 million shiba. i had 63 mil but have slowly been selling the profits. luckily sold at 16 mil at 75 and its dropped since. put all my profits from shib into dogelon and now im just gunna ride em both out 😎🚀
started very small in april, went heavy when it was higher in may. edit: just checked my portfolio, actually up 643%
if doge hits a dollar. then shiba might.
i swear that was the only way to beat contra!
guess he is gotta buy the other 545,000,000 to make it round again
kinda irrelevant to his question. the more people with easy access to shib ownership, the better. robinhood has an insanely large client base. rather than shame those people, i just want them to buy shib.
show me on the doll where robinhood touched you
when shiba gets listed on robinhood it’s going to the moon for sure. robinhood is waiting for it to reach one penny for sure because they crypto rep is on the line. they listed dodge coin when it hit a penny and it took off and hit .74 👀
that’s why i buy looping on coinbase
it means it is finding it is new support level it is new floor we are going to lift off from looks like the bottom is .00006000 that is great even .00005500 we are way ahead of schedule 😁💎👏💰
when the price skyrocket it is hot this is the cooling period people sell their gains then it gets hot again goes up and then people sell then cooling period
i'm still crying i did not get 5 billion for 5k cost!!
when you sell because you are realizing a gain at that exact point in time.
im debating selling my doge to put it in shiba
the end of dark alleys is definitely the best way to buy!
thatll be tree fiddy to go "around the world"
this actually has some good advice wrapped in it. crypto has helped me control my spending habits. instead of drinking or eating out, i’ll just have a sandwich at home and buy more crypto instead. idk about selling your body, but getting rid of old things taking up space via a yard sale or something and putting it in shib instead of the bank is a good idea. every little bit adds up!
either that code or game genie
i do not use robinhood but i sure as hell signed the petition for shib to be on there.
your timeline is off but i admire your enthusiasm. being added to rh would create the snl effect…. or “buy the rumor and sell the news”. gonna be a massive pump and dump and then hopefully settle around .5-.8 for a while before slowly starting its next leg of the race
i could only use my free coinbase money , but was able to get 480,000 but i’m happy to be in it 😝
^ this. its just a speed bump and refueling for the rest of the trip this coin is gonna take to the 🌙
fucking lameeee fuck taxes 😞😞😫
good to have both, but i think shib in the near future is gonna lose a 0 👀😏
i can’t imagine doge going up much further. shib has more space to grow.
i traded a bunch of my coins, including doge, for shib.
i did that with 3
robinhood don’t need to list it until around the first few months of 2022 which that also gives it time to erase another zero. when doge hit robinhood it was at .01 and it shot up to .05 the first two days and then rocketed to .74 approximately 3 weeks later. if my timeline was off i wouldnt be sitting on ova 4b so your statement is off
that’s incorrect. it was added in 2018 it only barely hit a cent then slowly died until last year…. when it hit a center for the second time. the only reason it blew up as high as it did was because of elon
that was an edit on my other comment...
even though rh is absolute dogshit for crypto, exposure is exposure.
all my friends at work use robinhood but are too lazy to sign up for an exchange to buy shib. if it was on robinhood it would be huge because there are lots of people like this.
lol why the hell is anyone still using robinhood
done and done. let’s get this thing listed on webull too
now do this with coinbase and i'm in for a few hundred more lol.
we need to start a petition for vitalik to buy ,000,000 in shib and burn it all!
exposure for our goal is more important then the shitness of robin hood
i’ve never had a problem with my rh but would rather not risk it. sold all my doge and my funds showed up next day then bought on crypto.com
couldn’t agree more, exposure is exposure and robinhood would only increase the number of investors for sure!
rh is dog water but i agree
robinhood is not good. it's also shot for crypto. 1. they can sell your position anytime they want. 2. it's not a real wallet, they own the coin. 3. they have a horrible track record of "technical difficulties" when people want to buy or sell.
i want one for cdc!! hodl and good luck
can we start a petition for a central sub, too many to keep up with, no real community when we are all spread out.
yes need to get this coin in front of new 1st time investors and the point and click exchanges are easier for them to navigate
i'm so against them listing it on robinhood. i do not trust these slimy fucks in the slightest. they purposely fucked over gme, then they do it to doge. twice. if it gets listed on there and you buy it, i strongly recommend moving it to another wallet.
someone start one and i’ll sign. say no more.
done it boys. just hope rh doesn’t f*ck our chances
i thisagree, rh would not "burn" coins, even more the rhers. what we need now is to "burn" the more coins is possible to help the price rising! edit: rh had problem in managing doge during its peak, can you imagine with the huge demand of shib? don't forget it has sent binance to the hell for a couple of minutes...
imagine if they listed shib though. it would blow the fuck up
yes, rh for shiba listing
why? robinhood has proven to be shit and screw people over.
i bet webull would
the more exposure the quicker the ride to the moon and beyond
i’d lie if i said i was a rh fan. yes would be cool to have it on there... i’m a robinhood fan!
this would be great for the coin not mention giving access to robin hood’s 13 mil users
if this happened omg shiba would fly to the moon in just a day! 10x more then when shiba got listed on crypto.com
once shib gets listed on robinhood, then there could be a huge spike just like gme and amc
lmao yeah let them in because you already know robinhood wont let them sell when the price goes up. lmfao where do i sign?
whatever helps shiba to pump i’ll do it
instead of signing this useless petition, let us go robinhood official twitter, facebook and support email to directly request them to list shiba inu. that would be more effective and impactful.
hope they do but i wouldn’t trade on rh but it would make us with diamond hands go to the moon
where i can sighn the petition?
requesting to shiba inu to make a group on telegram as well
i am all for it. more the merrier!!
i do not use robinhood but if it is good for shib i'll sign!
you have to be a moron to want to put your money in rh. you don’t really own anything with them. if this shit hits any considerable amount they won’t let you sell. easy as that.
what did the recent burn do?
not sure if the burn is really going to do anything
so what is the best place to buy shiba right?
why so it could halt the buy and sell 😂
no, stay away from robincrook.
shiba and doge will be available on coinbase in 8 weeks
read on google earlier today. unless i'm tripping ill look it up
just doge my bad
just buy it on crypto dot com! it’s that easy 🚀
crypto should get stocks and made crypto easy...i personally love crypto and buy lots of their coins, i thinks that is next coin to boom if you ask me
big whales make money already . common people of world always comes last to make money . if shiba inu reach . its a chance to change the world us for all. come together and give suggestion and enthusiam to buy shiba inu in big big quantity and request big whales to invest in it and i request shiba inu to burn 20-30% as well. market is going down so the investors will not loose there money .
rh is robbing the hood
robin’ the fkn hood
why did they change 150k petition to 200k? the thing i like about shib is that all of our news is fake but it still grabs lotsa attention 😂😂
god no!!!! they are garbage and will not allow you to send your coin instead they sit on it and you don’t own your coin!!!! please enlighten me on how that is helping us use the swap and earn rewards by staking shib in the swap if we can not send it to shibaswap.com.
so all of us that bought shib on crypto.com…we need our credit card asap???
robbing hood and the boy from bulgaria doesnt have crypto wallet so fck off! they will just shit us with pump and dumps ... january gme , then 3x shit on doge , perjury on feb hearing ... tf do you want with rh?? haha jeeeezz no pls... coinbase or binance ill agree but not rh... anyways ill hodl my shiba 💎🙌
can you imagine working for robinhood and seeing all these retards begging you to list this shit coin so it can pump and they can all break even...i’d be f-ing pissed
robinhood is trash and so is your ripoff coin
shit coin onli doge 🚀
exactly. not a fan of rh myself but it would be great exposure.
was thinking the same. any exposure in the beginning is great.
yea but one negative experience can take them away from the community forever. don’t let robinhood be our narrator
rh is going to get there shut together you watch ipo. wallets better charts its all comming
agree, however robinhood is currently in the process of updating their entire exchange to allow for more cryptos and a secure wallet that can be used for spending. just be a little patient it’s coming.
that's a fair point too. having the user base shift would be great but that is up to the user base. for now... if they are on rh then we want shib on rh. until that base jumps ship.
convenience, lack of tech knowledge , not really knowing that rh 'wallets' are not really wallets but just a ledger, take your pick.
agree! but... they are.
its an easy to use investing platform
excellent! in this community... we all have to do our part. :)
i'm with ya... i do not particularly like rh but a listing there or with coinbase would be huge for shib.
completely agree with your assessment of "dog water"
i understand where you are coming from... but having it listed and available is certainly not a bad thing at all. exposure to those who have chosen to use rb is a good thing and promotion for the token.
is crypto.com app okay??
i understand the rh hate, as i do not particularly like rh either. however... get beyond that thistane for rh and realize the benefits of that type of listing and promotion... there is zero reason to be "so against" that listing. it only has upside for those who are into shib currently and even future investors.
here's hoping! we need all the exposure we can get.
exposure and access. rh or coinsbase provide both.
i cannot stand rh... but i'd be happy to have shib on any and all platforms available to extend it is reach yo anyone interest in it.
potentially... still have to be careful if you use rh as your main platform that you can pull your money out .
you could always tweet this "useless petition" to them... might give your tweet a little more weight behind it.
absolutely, i personally wouldn't go on rh for shib but they have a user base that loves the platform so why deny them the opportunity to access shib one way or another? only good for the shib community in the end.
click the link :)
please elaborate as to why it is a bad idea.
that's up to those who use rh as their preferred platform. i do not use it but shib would only benefit from it.
so shib would have exposure and access on as many platforms as possible. hope coinbase and rh get on it as they are two of the largest out there.
why not allow those who use rh to have access to shib? why deny those who chose rh as their platform of choice access to a token? please put your rh bias aside and consider what a listing on that platform would do for shib... along with coinbase or webull for that matter.
coinbase to add dogecoin in the next 6-8 weeks "we're going to be focused on how we can accelerate asset addition in the future," ceo brian armstrong said on the company's q1 earnings call.
i appreciate it. i hope you are right.
for those who use crypto dot com that is a great idea... however for the 13million rh users many of which are solely on that platform, a rh listing would greatly benefit shib and its community.
please read the entire thread and you will be enlightened my friend.
we need exposure and access... period.
please read every other rh comment here. yes, most of us despise rh. i do not use it myself. however, they have a huge user base that primarily uses their platform. coinbase or webull or rh are good for exposure and access. absolutely nothing wrong with either one of 'em when it comes to those two points only.
i'm assuming you do not like the "platform" ... neither do i however, listing it on that platform would be a massive benefit to the token due to its exposure. while we are at it... coinbase and webull would be a great place to have it listed as well.
that's one hell of an assumption. sure, rh has a bad track record... the entire point here is that listing it on anything such as rh, coinbase or webull would be great exposure . plain and simple. give anyone and everyone the ability to purchase shib through what ever platform they chose to use.
rh may be trash but i've litterally 10x my investment. cashed out half and see further growth in this "ripoff coin". it must be difficult to be so angry all the time and not really add anything to the thiscussion.
here's the deal though. i live in ny which does not allow binance and many others. i cannot find a wallet that has shiba inu that is allowed in ny
yes and amp as well. since, you can use it to pay for stuff. so, it’s more adapted.
i'm simply suggesting as many platforms as possible. no narration only access everywhere.
finally someone knows that rh isnt a real wallet... 💎🙌
we must support one another 🙏
yeah and i get what you mean too, i just do not wanna see any of my homes get screwed by any bulgarian boys.
i use that app and have not had any problems with it or heard anything bad about it. i'd maybe look up reviews on it beforehand but i like it!
listing it is fine, but i just wouldn't go near it. i agree it will be good for the price of shiba. after all the shit i've seen rh do since january, i fully expect shiba investers will be fucked over if they buy from rh. this is why i'm saying if you wanna buy shiba from rh, buy it but transfer to another wallet. i honestly hope robinghood goes bankrupt.
you do not own coins on robinhood. also they are not a large enough company so if multiple people were to liquidate they could not foot the bill. also they shut down trading all the time for unknown reasons.
that’s selfish and malicious. you don’t really own anything with robin hood.
do you notice that crypto.com buying price is higher than others?
i would rather coinbase push it before robinhood , cause robinhood will never let it grow , same way they fucked up doge . but exposure is always good , free promo.
"nothing wrong with either one of them"? haha bruh you dont know rh if you are saying that... :) they prevented buying. they are not real wallet. they are market manipulators(citadel) ... but! if you guys want to so be it :) im not using it anyways :) and they fcked investors 4x since january sooooo... 🤷 ill sign the petition for exposure 😁💎🙌 im just saying dont use it of you dont want to get fcked... 🤷💎🙌
i know it would benefit, but a corrupt company like rh is still a corrupt company and we all should take our money out of it.
have you tried crypto.com?
i can’t use it here in ct either. i’m using crypto.com 👍🏽
i originally bought it through the coinbase wallet using uniswap before it was available elsewhere. you might be able to use that... just watch out for those gas fees. they'll get ya.
i'm with ya there. i do not want anyone to get burned.
i understand those points... however, having it listed on rh; for those who exclusively use the rh platform, is definitely not a bad idea as far as availability of shib or the promotion that would give it.
get the message out that rh is bad. it would be great to take them off the market, but it would also be good to see shib on all platforms. what's best for the baby, ya know?
not selfish or malicious at all. i simply think having shib on all platforms possible is a benefit to shib and all those who hold it. if anything, it would be selfish to not want those who use rh as their preferred platform ( because of your own personal bias ) to have access to the token.
i did not, but shib is fluctuating like crazy right now. it could have something to do with that. have you seen how much on average?
i agree... coinbase > rh would be best.
coinbase would shoot that shit up to like .005 coinbase has a massive user base
always a funny guy in the room eh?
yes, i'm sure 99% of us know what rh is all about and their track record. my point is solely about their userbase. giving them access to shib is not a bad thing. you are going off about how much you hate rh not about the point of all of this... which is the good it would bring to shib. i'd take a coinbase or webull listing over rh any day. don't get me wrong here. i am however not short sighted enough to think that any listing on rh is a bad idea.
i dont thisagree with you there. i'd prefer that their 13mil user base went elsewhere. but as long as rh is a major platform... having shib listed there is a benefit to shib.
bare with me...so i buy uniswap on coinbase or shiba inu? if it is shiba inu where do i find uniswap. it's not just shiba i want. there are so many other that the pos rh does not offer. every day they make me want to move to webull or some other platform.
they are not holding anything because they don’t own anything. why don’t you transfer your money to me instead? no fee. put your money where your mouth is.
i don’t know, i compared buying price on crypto.com and others, crypto.com is higher than others. can’t figure out why
from coinbase ( buy eth ) get coinbase wallet ( send eth from cb to cb wallet ) access uniswap through cb wallet convert eth to shib. there are gas fees 'll simply use eth on the fees and get no shib in return. as long as you have enough to cover the transaction you should have your shib at the end.
you can get lotsa alt coins that way... but once again. watch those fees. i've been burned for a few hundred till i realized.
its ny that sucks. i had to get shiba through coinbase wallet (uniswap). gas fees blow. webull crypto not available in ny. binance, and crypto.com not available in ny. pos robinhood is pretty much all there is for certain things.
just get crypto.com honestly if you want to buy shib. i was about to pull the trigger on coinbase via the methods mentioned below...and the gas fee + miner fee was 190 for 200. if you buy it on crypto.com there you can buy it directly without using eth. i'm not crazy about the crypto.com app but for this case, it was way better than doing it via coinbase (in terms of money saved).
that's really a question for those 13mil users on rh. i'm not one of them. once again, you are completely missing the point. rh, coinbase, webull are simply the best possible ways to give access to shib.
yeah, until crypto.com takes your money when it shiba goes up an you ready to cash in. i’ll wait for it to be on coinbase pro
>i’m not one of them yet you happily send them to the slaughter house. a scandal like gme will only hurt the coin. you are not listening. you dont get access to shiba because you are not really buying anything.
"happily send them to the slaughter" ? if people prefer to buy crypto through rh that is their prerogative. personally, i think it would be better for them to use another platform with a better track record. but that is their choice. i'm simply talking about giving people access to the token on the platform they prefer . put your own personal bias for rh aside and took at this from a macro level and do not be so short sighted. rh, coinbase, webull... would all be good for shib.
how dense are you? they are not buying crypto. stop it with the misinformation.
you are arguing a completely different point to the reason for this post. as i had explained to you and in much of the thread, i'm simply talking about access and the promotion it would bring to be on platforms such as rh, coinbase, webull. you are talking about your hatred for rh and the fact their down "own" their tokens through the rh platform. which is fair, but a different point entirely. still does not detract from the promotion or benefits for shib if on rh also, why so hostile? not one for conversation or debate i suppose.
it’s not promotion to the coin because you don’t buy the coin. a point you don’t seem to want to understand. there’s not much to debate here because you are literally not able to buy crypto. i don’t give a shit about rh, i’m just stating facts. you are just setting up people to get burned by a hedge fund run ponzi scheme. that’s objectively wrong.
first of all, i'm not setting anyone up for anything.you can chose whatever platform you'd like to use... that is your choice and the choice of anyone who uses rh as theirs. secondly... now you are simply playing semantics. i mean, talking about "access" and not complete ownership. having a listing on rh, coinbase, webull for people to access it great promotion to shib. plain and simple.
yes, yes you are. you are the one playing semantics. if you don’t own the coin, you don’t have access to shit. stop comparing this fraudulent scheme to the other platforms. it’s not promotion to shiba because you are not buying shiba.
now you are conflating "access" and "ownership" while thisregarding benefits to shib in general. have a good day.
30? i’ve switched off power saver. my screen is always on.
i wish i owned 21 bil instead of 21 mil. this is incredible!
guys! together we are an absolute fucking unit as the shibarmy! rally cry, battle cry, cry for joy, whatever you feel like doing, but we are heading to the fucking moooooon! hold the line!
this shit is bananas! i love making money
not to mention hitting the buy button every time
its not ok for my hearthrate
can we drop another 0 this week? 🤯🤯
turn my 700 last week in ,245 today 28million coins 🪙 holding till the moon
i m checking my phone every 1s 😂
i’m trying to setup a price alert so i can focus on work……. hodl to the moon!!🚀🚀🚀🚀
woke up and saw this craziness. now i cannot look away.
i've been walking around grinning all day, does that answer your question? i ain't selling naffin! hodl like your life depended on it!
i hope this makes all the "but the market cap" people stfu. anything is possible at this point. we're making ourselves rich.
hell yeah let’s keep rollin
gotcha beat. 20 seconds.
guilty over here hahaha
what the heck is causing this rally? predictions on how far this will go?
lol guilty as charged.
i got two phones and ones always charging😂🤣😂🤣🤣
i like the green line but am also scared of a big dip
i say i won’t check it for at least a couple hours then it’s always ‘awww just one more check’ feel like an addict at this point
why the price of shiba is going up so much this days? i missed the news...
i have only looked 8000 times today
shib to mars baby!!!! 💪💪💪👆👆👆let’s go!
what do you want any to bet that was robinhood buying their chunk to resell.
i am guilty as charged.
made over a g last night. so much fun!
if i check every 30 minutes the gains are much bigger.
i want to remind everyone to be healthy. the price might drop again likely. if not, there are bound to be price crashes. if they do, do not get panicked. your plan with this coin, is to eat at least another 2 zeroes. so, relax. take some time off the phone. i understand the excitement but trust me. it's bad for the heart. it will happen, when it happens :) see you at the moon hopefully.
i’m checking my bank to see if the money from the stocks i sold has deposited yet so i can buy more shiba , it’s going to take days :(
we all be millionairesssss 🔥🔥🔥
i just bought another 1.4 million coins because yolo.
made a grand in my sleep! first time ever!
how can you tell of these assholes will start dumping?? hold and buy people!!
how high do we think its gonna go? i bought £30 worth ages ago and its now worth £538? new to crypto and not sure if this is worth cashing out or not
understand guys it is going to dip probably pretty heavily. then it will rise back up. stabilize and then possibly another big climb in december which will be hopefully bigger. good luck everyone. buy when it dips heavily.
dam your not kidding can’t keep eyes off my phone
this is indeed a priceless watch
i have never earned by investing nor have i ever won anything and... it is just sooooo tempting i bought shiba quite a while ago and earned 10 times of what i put into and i really want to cash it out... but fuck it... i'm holding and i hope i will go to the fucking mars with my shiba homies
i just got in with . i knew i should have bought more ha ha
its fucking mental i stuck a few quid in and now it has roughly doubled.
this is too fun, i can’t stop checking my account.
i’ve pissed my girlfriend off enough with checking it 😂 told her if everything works out she can complain about it when we live in a mansion 👌🏻
shiba is the only green in my portfolio everything else is bleeding red
it's hard to buy the dip when it never dips lol
this is insane, i cannot work
fucking coinbase is “down for scheduled maintenance” it’s been 30 seconds since i last checked my balance.
i'm loving this but terrified it will crash! we've seen it before, whales pumping the price and pulling out when they themselves make a profit.
im getting anxious for no reason knowing im not gonna sell whether it dips or not
it’s becoming a huge habit 🤣
absolute bullshit how these apps freeze is out tho. not that i was planning to sale, but what if i was. this seems to be a common theme amongst these trading apps. it’s total control and some shady shit is going on. gotta be illegal.!!!
me , im about to get fired , only completed 2.aha it’s all good because we about to land on mars soon .
hodllllllllllll my boys hodlll😱😱😱😱
reminds me of may big time
hello friends, greetings to all. will they continue to hold for longer or is it time to sell?
i just checked to see if you. posted anything? why?
it’s like a roller coaster 🎢
stg i love having intuition to buy before rockets
legit question, do you guys think it’ll dip again? i want to buy another 63 mil
can’t stop won’t stop! i love this community! 🚀🚀
i am rooting for shib!
i have two laptops in front of me during my working day. at this point, one is basically my shiba screen 😄
we're witnessing something magical, folks! enjoying the shared excitement vibes
not checking my phone at all. sitting at the desktop. lol.
this is incredible bad for your heart
how to set shib alerts hooked up to my home security system.
question!! what if the big ethereum whale that bought a bunch of shiba (hence driving the price up insanely) decided to sell? is someone tracking this - will we know it happens in real time? and if so, do we sell or hodl??!
who else made a mistake a staked their coins lol 😅
screen is always on 🤙
just placed a limit sell…now coinbase pro shows 0 balance and 0 coins…wtf
shib froze the internet
i got 20million months ago. if i wasn’t in between jobs might have gone for 100million and i wish i had so badly
coinbase has been down for me so i am unable to do anything. i think it is time to find a better platform. any suggestions?
meeeeee i’m never part of anything before it goes big! this is hopefully my chance!
same. probably that’s why coinbase and crypto crashed. 🤯
lol... crypto.com is down so i have to play games on my phone...
sitting next to the charging point every seconds checking to see drop and buy in q bargain sale
now everything is down i can t look my portfolio i am so pissed off. i saw the price in coingecko it is look nice. but it is not enough for me i will cash out some of my coins at 0.001 and hold others.
my alarms have been going off next one is .00009 and 0.0001
reminds me of when doge was going crazy
my husband always told me to live in the moment, but this taking that a bit far. 🤣😍🌕🚀
😩 i’m loving this moon ride
i been trying to buy but unfortunately all the bank cards we have seems to be blocking crypto trading uk
most insane shit ever. i aint gonna sleep if this carries on.
i'm a power checker. i check all the time. nothing goes unchecked by me. checkmate.
all day!!!this 5l paying me
meeeeeeeee let's go shiba
i got in at .000023 initially .000027 . hoping for a mircle for .10!! checking in every min of the day seems like. because im dancing on the moon. lol
now on webull too!!!
i wish i would have out a few thousand dollars on when i first bought 😖
omg cant stop refreshing! 🚀🚀🚀🚀
not me because i'm an adult with a life 🙂
as you should 😂
i could only afford 600k :(( wish i owned 2 mil 😂
this is how we win.
same!!! the adrenaline is too much! i’m so scared of a crash…
from your lips to allah's ears
hopefully soon you can stop working!!!??? 🚀🚀🚀
i use coin stats for my price alerts. don’t have any of my wallets linked to it, but i set up notifications for when it goes above or below a certain price point, and it also gives notifications on when it’s moving significantly up or down.
did wake up and did see this craziness. anon i cannot behold hence *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
bruh i check on my phone and then i put it down and check on my pc and then i pick up my phone again and check. then my cousin texts me to say “are you seeing this?” so i check again
a whale made a large purchase order edit:
ones for the plug ones for the shib
even a big dip just means a new, higher floor
30 does not seem like much of a loss so id say ride it out my friend
that's definitely my plan. i put . only holding just over 1m coins and desperately waiting for the dip so i can get some more. also, to my ex who entered crypto back when btc was this low and made a fortune and refused to buy a 'shitcoin': get fucked.
we're all in this together! i feel the same way but riding it out!
my wifes the same way 😂😂
it's dipping now?! can someone help me understand. sorry i'm kinda new and there is so much info. does a dip happen when people sell?
we reached 86 and had a dump!
i'm right there with you lol
nobody knows for sure. my prediction however is that we reach 0.00008 before the end of the year. at this pace it might even be this month.
at least we're bouncing back!
just like robinhood. when the selling starts they shut down because they can’t pay! i’m just holding. let others panic sell.
they're starting to go back online
check out this wet mop
my third monitor on my workstation is only for shiba inu.
my wife bought 610 million earlier this year...
i was too scared to put beyond . i was fomoing at 0.000009 and did not do it. lol.
why do you exist… stupid bot
yeah im not exactly desperate for the money, just dont wanna miss out incase it does not go much higher
this month? i hit 0.00008! i'm wondering if we'll see 0.0001 at this point today? edit: in cad...i'm looking at this in cad. it's still under 0.00007 in usd.
this did not age well 😂😂😂
i think they try to restart. nope :d
my second monitor is for shiba. my third is for reddit so i can celebrate with the shibarmy all day. :d
right? i spent , am still to scared to put anymore down 😅 poor life for life
a lot of whales on a separate post i made saying they are in it for the long haul so
yesterday am .000037, pm .000047. this am .000057, now .000066….approximates. hodl to erase another zero.
didn't it? my prediction was right it seems.
its soo glitchy rn
despite having killed it in doge... i told my wife i bought this and she rolled her eyes…. drop a couple more zeros and i get anal
same here. i bought yesterday afternoon. a humble 2.115m shares, but showing her the trending this morning, she smiled. can’t wait for the big “i told you so” when this hits .01. lol
lets you know how fast shib goes, i bought about 2 million shibs for
my 1 and only monitor is for shiba.
anal? tell her to slurp you up bro. bjs are rare when married lol
lmao hit it like she owns you money, boy!
i wish i got in a little earlier, i put in 65 and i’m at 1.2 million coin:(
few months you can buy another one i geuss
sold my monitors for more shib.
nah man, after twelve years, we both use our mouths weekly…. my eye is on the brown eye because i don’t even get to on my birthday anymore…
if we get to one zero i’ll put it on facebook live…. lol
i can buy a lot of monitors right now because of shiba but i will hodl and buy more shiba
hahaha we live opposite lives brotha
when things got serious i made sure to put it all on the table: me: i will never stop smoking weed, it is not a phase and it will never change. i will always be horny, it is not a phase and it will never change... her: that’s cool. i’m a bitch. i’ve always been one and that will never change. me: if you don’t give me grief about weed, i’ll never notice you’re a bitch. (her actual words) that conversation could have been our vows…. but family.
short term capital gains tax makes it easier to hold😅
why even sell? we got so many 0’s to peel through! 🥰
i don’t think i’m a legend for holding. i think people are morons for selling.
it’s been 3.5 weeks for me and i’m gradually learning to stop checking it 10 times an hour. i lost so much sleep the first week. i’ve decided i’d rather wait ‘til at least next summer to see what happens than cash out on a 2x profit. diamond hands!! shib could be life changing if you’re patient enough.
holding 80 mil… bought with 5 zeros
been holding since january
just bought more. almost at xx millions!
yesssir. 100 million diamond hand. 💎💎💎🙌🙌
14m if it dips again i'm buying more.
56 million hold 💎💎
i’m holding i mean 2,040,000 coins for 15’s not worth selling until those damn 0s get to 0.005 at least 😂
newbie here! holding at 6mil but i want more! 😍
thank you. thank you very much
been holding for 3-4 months now... dogelon is next
i put down some money and later got the money out i invested in the first place. at this point whatever i'm still holding is free real estate ;) and i'm not selling until we kicked out some zeros !
250,000,000 strong and still holding, been holding since march 💎💎💎 this is the way
am i a whale if i have 740 million?
i’ve only got 900,000 and i started about a week ago
lol, why legend? the supports are strong and these two months can easily bring this to eat another zero. it's the worst time to sell now
only 403k shib cause i’m a broke boi but i want to support.
if you have to sell because you cannot financially hold. you should not be doing this anyway. don't lose your family, rent, utility or grocery money over a pipe dream.
about 360m. holding 25% until .01 and the rest until .25+
i’m an island boy!
holding and bought some more, we need to maintain the current price level.
holding 70 million bought with 5 zeros. not selling
haven’t sold any holding around 30 million.
50m and holding strong
this would be like everyone who sold doge between $.03-$.07 cents thinking they made bank, and then it really peaked.
i’ll never not be holding shib…
hold since march. keep holding.
oh! forgot i was hodlin'... these diamond hands are far too diamond... hodlin' strong, and burning!!! 🙌💎🐕🚀🌕
i'm holding approx 50 million coins...i'll hold for years to come 💎🤲🏼🦊
hodling 90+ mil and i keep collecting
can we get to .001
i just bought 50,000,000 on the dip. it’s a no brainier
holding 74mil bought at five 0’s
you just reminded me to buy more elon
bought 26m in march and holding steady at 100m now. no plans to sell.
brah im holding till i can retire
if your still worrying about the price of shib everyday you are a hurt sack peice of shib
still hodl “a lot” $$$
been holding since july... have an 80mil token portfolio
ive been holding since march, great work you guys are doing
i've been been pencil whipping my budget for the last couple months and i'm finally at 6 million. hodling till sammy sosa returns to his original color!
i am legend 🧟‍♂️
this is the way 🚀
still hold shib ...
thank you, it’s nice of you to say.
i have ,450 worth sitting waiting to break the .00007~ resistance when someone burns more
holding here. i believe in this product and the technology behind it.
i am a moron. but a happy moron. just figured out how to add cash to cb so my money is ready and willing when the dip hits right!
obviously we are still holding
been holding for over a month
imma legend for holding while up like 500 percent? what idiot would sell?
legend, not at all just in it for the long haul.
we are just getting started, calm the fuck down
i don’t understand this thinking? a legend for what? what’s so hard about holding? just hold you paper hands bitch.
rather hold my gains than pay these taxes as of now lol
that’s what she said!
holding 16,567,780.7900 shib now. that is only right way if you want to achieve something is hold (or buy more) and look far into the future.
carbon nanotube hands here
i'd like it to hit 0.005 hopefully before i bow out. i know a lot of people seem to be holding for 0.001 though
if your buying more your a legend
not holding as much, so i dont check my portfolio often to be bothered enough to sell tbh
20 milli, not selling till i add as many zeros to my original investment as the ammount we slowly peel off.
i billion how much is 1 cent lol 🤦🏻‍♂️
buying more, give it a week or two, maybe after christmas.
if you’re still buying you’re genius🥖🥪🦊💰💯🇺🇸✈️🔒
i’m not a legend just a man trying to leave a legacy and pill of money to my kids
i am the alpha and omega the beginning and the end!
how do you attach pictures ... i am an ape!!!
4 million and hold!!!!
i’m no legend. this is my tiny shred of hope. hope that i can leave a job that eats way my dignity and compassion for the human race before i become completely lost to apathy. don’t go to nursing school kids. o_o also, i’d really like a tesla. 😂
why wouldn’t anyone hold? so far we’ve all made profit and there is still so much potential why would anyone even think about selling...
i’m hoping it makes it to
hodling i’m a ride or die with the rest of my shibarmy
i'm a little late to the party, got in at 0.00006, but i plan on going all night long!
i’m a dumb ass i bought in to late 178,000,000 at 0.00005437 smh 🤦🏻‍♂️
idk what y’all talking about, we still up 63% over the last week, over the past month i’m up ≈450%.
nah. i started with like 'd it. i'm not a legend, i just never gave a fuck about the .
still here, holding on for the ride.
i will be rebuying this month!
bought another 700k shiba this week.
205 million checking in. buying more every week
oh god does this mean it went down?
3 billion and still holding.
holding until the very end, not selling for pennies. tax % is 34% in my country so holding for life changing money.
hi, i'm a legend 🤗
i have ’m smashing straight into shib. i’m going to put , but apart from that, + into shib on top of what i’m already hodling.
i just bought my hundert euros worth. of course i’m holding.
stake your shib for long term and earn rewards people. hodl
mate i’m holding but it will never reach 1 cent
still holding mine and conviced 3 of my coworkers to buy some as well (of course i informed them how it works)
bought on 0.000007 and keeping it
no choice too much fees to convert on coin base wallet lol
i am at least until 0.50
hodling 14,5mill!! letssssss gooooo!!!
eth gas fees made me a diamond hand
holding 410 million and have not sold a single one!
holding 10 millions is not enough but this is the way 😁
£11000 of my £15k ish portfolio is in shib the rest pretty much evenly between btc and eth. i invested 6k in september but have taken 2k profits back since so i'm only owed 4k now. i'm only going to add to that.
then my name is amongst the brave and legends.
why ? who was ever in for 0.00007 ? i said it before, it is either you selling only at 0.005 or you literally never knew what you were doing !!
i'm the literal god
4.37b hodler here 🤫
it is a limited coin unlike doge. so it is gonna keep going up. hold and buy little at a time. think big
still got my 400m. :)
you gotta be an idiot with absolutely zero foresight to sell right now.
holding like tom cruise doing his own stunts !! the true meaning of legend. yes shiba is legend and so are we.
well duh!!! (: lol
this time around i have money that can be cast aside for this. holding until we get to the moon baby.
even if i'm only holding it because it is stuck in my binance account and i cannot do anything with it? still legend? fuck new york state.
i dont think legend is appropriate. ive gone from a 1200% profit to 1000% profit and i know there are several price increasing elements in the works (more brokerage listings, pr, games?) not really hard to hold when theres no real loss
we are the true army!!!🚀🚀🚀🚀
👑 yes…yes we are legends 👑 hodl🚀
wow, i am a legend. been called alot but never a legend😁
i have gotten lots of ppl in on this hope it goes to the moon baby.
im holding 15 million, i converted and purchased and its all or nothing! get rich or die trying!
holding… with the greatest of ease. 💎🙌
holding is meh. if you are still buying tho... thats legendary.
legendary comment engaged here
it's not hard. look at the history shib has a pattern. as long as we hold the high 50s or low 60s we will rocket again in about 2 weeks
just bought more! hodl the line!
holding actual 30,127,184.8938 shib
holding shiiiiiiiiiiiiit lol i woke up around 3 this am and coiudnt sleep. you tubed some crypto stuffs got excited and bought another2 million shib went back to sleep just fine lol
just call me will smith 🤙🏻
the legends will see legendary gains
learnt my lesson from the beginning of octobers spike aint selling again
i bought in 110,000,000 at .000008 i'm holding until .03
unfortunately my holding ended this morning, i added 10 million more tokens. 😁
don’t forget to buy while it’s on sale.
267m hodl. self- proclaiming future millionaire status.
the man the myth the legend…... me
is it a chance that the devs hold a bulk amount of coins (many trillions) and could burn them to make those that hodl a lot of money overnight?
i bought 5 mill more yesterday
yes, yes i am.
holding and buying the dips
that’s me. history in the making.
well i wish i was holding more was all.
why would you sell if you're already holding? we have not gotten to the moon yet. only the weak would bow out now. i'm still good for another couple zeros to drop off💎 🙌🏼💪🏼
keep on holding .
new to reddit. just here to monitor shibainu coin! bought the coins a few month ago and still buying a little at a time. used my beer money🤣🤣. i went from buying a 6 pack and now own a few kegs🤣🤣! holding, holding, holding
why sell? because you’re impatient? holding is the only way.
of course i’m hodling, it’s still too early. i’m waiting for paper hands to mature to hodle with us. 😂😂😂
just bought more on the dip... i'm a small fry in this big crypto world... 5 mil, trying to get to 1 billion
talking about taxes what do you do to get tax information on cryptos? some of this exchange they don’t provide with tax information.
yay hodling on until four more zeros after the point thisappear! hell yeah!
100ml holding till i die bitches
i’ll only sell when i can use my shib at wendy’s
been holding since may. no plans to change that any time soon. just gonna let you apes do your thing.
holding j just bought more lol
i feel dumb …. i’m loosing money here wen will i profit
holding 350 million lets go shib 🚀
taxes you don’t sell until you offset those taxes
i’m at a point i don’t waste me breath, just wait and buy a little on dips.
why would people sell right now. we're barely taking off
why not? all i see is it is still up almost 800% from a month ago.
legend status! buying more!
holding 13 trilion shib !! lets go i will buy 2000000 trilion more never sell!
been holding for 6 months through the lows and highs never sell till we reach 🚀🚀🚀. this is the way!
holding for 6 months now🌕
still holding 175 million
still holding, why what happened!?
i have no intent on selling till at least 2023 or 24 🚀🚀
i still got profits right now why wouldn't i hold an extra ,300 🥴😂
holding 15mil💪 not a single coin will be sold till it hits 1 cents
it’s the holding game…
if not your a bitch. . . sorry not sorry
still holding over 175million shibs, dumped half to pay off my car and took back my investment, bought 2 shiba t-shirts...gonna buy more when it dips low low low...
man does not take much to be a legend these days...
anybody who thinks they will hold beyond .001 is delirious
no legend here just a man tried of being broke
100 mil shares since .000006
have over 620k coins and adding more.
nfts, play to earn, gaming...🚀🚀🚀 ✅ ♦️get ♦️ 🚀coingecko&cmc listing after launch on pancakeswap ico price: .001 total supply: 2,000,000,000 elmon contract: website:
yeah tax is not fun on crypto no matter what part of the world you're in. been there - lost a lot.
no capital gains tax where i live, be it . i can’t imagine what it’ll be like if there is in my country.
i'm using taxbit to manage crypto taxes. easy as hell. although, would prefer to live somewhere tax free, 😆
you have to create a crt “charitable remainder trust” then you can take it out tax free!
shib brothers. i am on the same boat (maybe yacht) one day.
this! i'm not selling until we get to a couple of cents, i may even hold past that.
this will not lose too many zeros maybe 1 or 2
spoken like a legend.
people who sell are the people with small dreams, or huge amount of shares but still how sad if youre not holding your crypto for life who are you
your true colors are showing you legend!
you are a legend because you understand the laws of common sense.
i sold to cover first and las months rent, but still have 8,000,000 in an earn account i can’t touch
morons is a kind word. they totally killed the momentum and cost everyone lots of money. stalled the quest for 01.
amen to your comment!!!!! i’m holding till i see millions otherwise it can sit there for all i care.
i think there are morons on both sides here... trust me, the morons will know who they are when they get sold out underneath them
8mil holding... i feel so insignificant when i see people in double and triple digits of millions though.
671k is that enough?
i've been in since may and i'm now finally down to 3 or 4 times an hour. it's tough, especially the last couple of weeks lol
just wait until next month.
i still check it pretty often but not to sell. i'm watching for the dips so that i can buy when they happen.
can i ask how you found out about shib that early? noob trying to learn how to spot the next shib (holding 89mil since sept).
you are the real legend.
yea how did you find out that early?
i bought 11 milly a few months back for 90 bucks. if i knew what i know now it would’ve been a lot more
except crypto.com does not allow you to buy a lot of it at once. and i do not trust kucoin enough to use their service. i'll have to wait til it gets listed on coinbase.
this. is. the. way. 😎
not yet. keep stacking. whales are in the multi billions imo
i hope it gets to 0.25!!!
i've been tryin to make it.
why sell in november?
tax is 33% here in slovakia.
where do you live??
curious. what do your income taxes look like?
250 million and hodl
my rowboat wants to be a yacht when it grows up.
it has potential to maybe reach .001 so jsut be aware of that.
not with that attitude 😠
only a legend would speak this way.
people who hold shib for life either found out shib actually had a use case or they are absolutely moronic
crypto wallets work in both heaven and hell.
still holding sitting 3.5 mil
dude i'm holding 80k, you're a legend
no way dude. do you. 8 million is 8 million!
i used to. only had 15m or so... i’m up to 74m now
yeah mine is at 2mil. hoping it dips enough in time for my next payment. but it still would not reach 8 mil.
fr tho… i’m holding 140 and i still feel like a shrimp… :/
i beat you by 1 mil😃 na but seriously same here dude haha. i feel like that ain’t shit. but it’s something at the very least
same, what i have in feels so small compared to tons of others. but if we keep on holding, it will multiply insanely!! at least we're in!!!
get some more, when and if it reaches .1 youll be up 6.7k. unless thats what your going for
coin wish it was the other, bought 10 million more coin on yesterday’s dip though!
i bet! you’ve probably 10x your money at this point, at least… forget diamond, you have adamantium hands!
cheddarkilla has seen the future 👀 this is the way!
it still is early ! hold brother !
it’s not too late
its on the coinbase wallet...
you and me both
i have 200 million :) i want to reach a billion
this is what i tell people. like be amazed if we even hit a quarter of a cent. the market cap needed to do that is huge. over a trillion. we're only at like ~40 billion. we need to basically increase market cap by 35 times to hit .0025... that's totally possible over the long haul if a bit of a stretch. now to get shiba to a cent is 140 times off from where we are. it's over 5 trillion dollars my dudes. that type of money just does not exist in crypto. it's several times more than all crypto combined. it simply would not happen. .001 is a super safe - albeit optimistic spot to sell. i'll probably sell 2.00095 and see what happens with the rest. i'd rather take 20k in hand than think that my 150 bucks is gonna turn me into a millionaire. i'd love for that to happen but it simply would not until we get to a point where we're burning tens if not hundreds of billions of shib a day. we need reduce the supply by about 98-99% if we want this to ever be worth more than fractions of a penny. even if we shrunk to 10 trillion coins this second they would only be worth $.004 each. so nothing like bitcoin. legit the only way to make this worth more than fractions of a penny is taking it to 1 trillion coins or less. if we get to 200 billion market cap at 1 trillion coins then all you dudes can start celebrating that your (almost) caught up to doge in price at .20 and you will have to fight the temptation to sell for the whole long ass trip up for however long it takes to burn that many coins. also gotta remember that you will need your shib bros to sell so that it can be burned. we all cannot hodl our way to a trillion coins. many of you will have to be sacrificed for the betterment of the shib army. i'm sorry but the only people who are gonna get rich off shib in any practical amount of time are people with hundreds of millions if not billions of shib. the only way to combat stupid high circulating supply is with a lot of fucking coins in your wallet.
fr??? how can you tell if crypto has potential sort if it sounds dumb i’ve never invested into anything
lol i am just realist not a dreamer
only a legend would recognize another legend speaking this way.
this is the way of the legend
im obv going to sell at some point but thats my mind set. weve learned already itll rise again and thrive again. im taking that chance. weather its 10 days or 40 years im waiting for the super surge: hodl baby cmon
stay strong my friend ![gif](emotefree_emotes_packsunglasses)
me and my buddy each threw . no plans to sell. win or lose, we're here for the ride. i even converted some stable coins to it, cause fuck it. this is the way.
is not it impossible to hit .01 unless there alot of burn
all valid points...but you never mention the burn.
worst part is most people do not understand this. just because we saw a huge rise in shiba ubder a week makes people think we're gonna get to 1
i have 34mm i got at .000007. if it gets to .001, i'm def out, with zero regrets. haha
i will thisagree and say that if i will keep 4 mil shib for 15 years from now i will probably be a billionaire! no offence! i do have a lot more at this time but i planned like you’re self there to sell and get some money and leave some there just in case it gets to 1 dollar…for fun you know🤣🤣🤣
this seems like a very reasonable analysis. thank you. what media (hopefully this month)?
i don’t know anything dude. i am just a tadpole.
my understanding is that it’s a factor. but ultimately buyers determine the price.
do the market cap. the valuation of shiba should be trillions (more than apple??) in order to have that price ($.25). i wish though. they should burn a lot of coins (trillions) to reach that point.
i've got a bit over 20 million at the same price. like i only spent . that's like over half a year of work for my poor ass.
but i there any legitimate reason why you think shib could ever be worth that? some kind of road map that would allow for that kind of price?
biggest catalyst in the horizon is without a doubt rh. it's the name everyone's waiting for as it can potentially put ~20 million new users on shib. most of which have major fomo. there's undoubtedly other big players waiting for the right signals before coming back, but most are waiting for someone else to start the next big bull run and besides a spontaneous start, or big crypto news for the sector i do not see what could be a bigger ignition than a robin hood listing.
the legend of \_doubledown\_
leg...end...i'm in fuck it...xmillion holder here
there have been whispers of tales of legends. have i come to the right place m'lords?
it’s so close to eat another zero :(
i would say so... you legend you😎
we need the evidence good sir
upvotes convert btc to shib? put back the coin please sir
better show an ss, if you only did this for the upvotes i’m reporting this as spam
upvoted -----now transaction, **please** >!baby!<
shibu will 2x to catch doge market cap another 2x when it goes on rh platform and as they burn to .01 you only need 100 million shibu to be worth a million dollars at a penny. you can buy a 100 million for around 3k and then wait on it
the people have spoken
pics or it didn’t happen
i like how you asked 1 and got 365
lmao why would you buy at the all time high. i mean thanks friend for the support but what
for those of you wondering the proof of conversion is in another post for some reason: [
i converted all mine to shiba today
i did this with doge and ada yest almost in green from them being at a lost on both,
please show us kind sir.
we need one of these to burn a mil shib per updoot.
idk how much btc you have…. this is most probably a terrible idea
gains are gains. high risk, high reward.
that's funny: if it hits 3 cents. i'm converting my shib to btc.
just did the same lmao
where and how you do that??
fair enough ill post in 1 min
it’s time for that report sir
stupid question, do you pay taxes if you covert and do not sell?
i like how you got 2
for me personally i dont think so. im not a whale and so when bitcoin goes up over 20, 000 dollars im only seeing like a 150 dollar profit
no sir i posted now
converting is selling for another currency every sale is a taxable event transferring is ok
these stupid posts are annoying and chilthish bro , you chill ! what are you like 14 ?
even if there is no profit?
stupid ass-posts [xkcd: hyphen]( --- ^^beep ^^boop, ^^i'm ^^a ^^bot. ^^- ^^[faq](
cgt is always a percentage of capital gains, any percent of nothing is nothing edit. you can also deduct losses
no problem, if you can keep a coin for over 12 months then the capital gains tax is halved ...depending on your country of course
i’m in the us.
whale alert!!! man i'm also impressed with that bitcoin amount. i'd say you certainly have 🙌🙌🙌💎💎💎💎.
hold to the moon buddy. here medstudent in with 85mil. all i can do 🚀🚀🚀🚀
good luck… scared money don’t make money haha.
really curious, at what price did you buy btc?
this guy! he is a friend of the community <3
i’m in bought a 100,000,000 ain’t shit compared to you but i’m riding w you big dog
😬 awesome ! one day mine will look a lot like yours... good vibes
i love it! diamond hands shiba brother!
impressive portfolio bro. hodling 236 million shibs and counting. 🚀🚀🚀
hell yeah, man. so, if it gets to a dollar, you'll have .
sold my doge for shib man. im definitely having faith when guys like you exist! 100k though man you rich rich 😂
yo, if you burn all your shiba it’ll skyrocket! 🤣
sorry for asking out of my curiosity what is you r age
10 mil to the moon 🤘🤘🤘🚫🧢
you are rich wow
damn i really don’t mean to fud but inspect element exists lol
whale 🐳!! thank you bro 🤛🏻
i mean, if we all keep buying, that market cap will be bought up and it will have to go up...right? lol
you am not gonna have any issues with that much btc lol
this is so impressive, my question to you is what do you think it will do this year? in the next 2 quarters, also do you have some inside info? i got 68 million shiba coins would love your opinion while we on the subject
damn you filthy rich! great job mate!
everyone is gunna wish they held longer when the irs man comes to tax your income 😂
36 bitcoin! congratulations to you brother, i hope someday you really get to enjoy it! god bless
you're crazy! and i like your craziness!
dude is rich asf. you inspire me. can’t wait to quit my 80 hour a week job. 😂
wow...good for you. i'm at 21 but once i start getting g those child credit checks next month...watch out 50 here i come!!!! haha
damn let me borrow 1k to invest 😭😭😭
you are inspiring me
oooh your portfolio is such a huge turn on lol. like seriously! 😭😭😭
beast mode. keep shib in the hands of the holders. you're smashing it man, living the dream. wise man, holding that btc, i havent kept up to date but have they all been mined now or are there still some out there? i figure once that 21m or whatever is out there, the price is just going to continually rise. edit: nvm it is still just under 19m, i thought the video i watched recently was old but i guess not.
someday you might be rich!
holy shit my guy
36btc? wow, you might not want to show this info or you could be a target of quite a few extortion schemas.
just curious, do you also own any dogecoins?
wow you currently almost a million in btc. that's amazing. what do you do for a day job??
i hold on my studies as i hold on these 💎hands. i love the community and we will not stop to grow.
when’s it going to a penny then?
shiba to the moon 🌙 on 🚀
that’s why it pumped lol
800k needed over here. thank you
yessss. small risk for big gains! totally spending what you can afford. this is the way. much respect.
share with the class bro nah but amazing work, good fucking luck.
holy lord almighty! that’s insane
this is the post man!! oh my days 😱 welcome aboard and congrats on your success 👏
wow money down the toilet
you are a whale now
nice portfolio man 😳👍🏼 currently holding 100 m shiba inu, which price do you think will be a reasonable target?
wow that’s huge !! hope you will get way beyond returns than your investment. god speed 🚀🚀🚀🚀🚀
absolute mad money 💎💎💎
amazing 👏 hodl together, currently sitting at 121m
god bless this soldier!
i’ll trade you one whole shib, for just your 0.7 btc. no joke, that’d literally change my life.
i am sorry for your money
what a waste of money.
shiba asta la luna ama !!!!
i’m not being rude but i can’t see a wallet on coin market cap with your amount
i just want to pay for my house
best i could do so far, 500m. waiting for 1 bil
now burn them all. 🔥😂
36 btc holy crap
i’m sitting on 142 mil
donate me a bitcoin. 🦊
can i borrow some eth -
im holding till the end ladies and gentlemen 🔥🥸
proud of you, i’m going for the same
damn... i hope you are right! i got some but not that much!
how much money do you recommend i spend on shiba for every week
pics can be edited give your wallet address so anyone can verify it and see txhash to prove transaction was made.
my goal is to get where you're at. every inch of the way. happy for you my fellow shiba holder
i also see you have some ada…you know what you are doing.
lol you a professor? i know you fuckin your students
shiba to the moon on a damn rocket.
you’re out of your mind but gl
salute to this diamond hand guy :)
that’s unreal! lfg 🚀🚀🚀
proof that it will never ever hit 1.001 maybe
yea the elites would not allow multiple billionaires itbcan never reach 1$
when is a good time to cash out you think???
me over here with my 0.0094 bitcoin like 👁 👄 👁
where can i buy shiba?
agree, for now i have only 5mln shibas, but i will buy more :d
fuck 36 btc!!!! 😳😳😳😳😳
i think it is great to see you in the community here on reddit, i think it is so good to see the guy who can invest 100k chatting with the guy who can only invest 10! thanks for stopping by! j
wow i honestly thought this was a meme coin and people genuinely do not think that it will get much traction. 100,000 is some serious money
awesome and heartwarming bro. you give all of us hope.
you just ruined my day...i got no chance...i'm just gonna go sit in the corner
i do not understand why you're still trading, you could have easily sell your btc at , keep how much you need for daily expenses, invest the rest in a few safe & long-term investments and retire.
wow bro congratulations, that’s huge i only have 35m at the moment but hope to keep buying little by little cause i have rent and stuff to pay haha 🙌🏾🙏🏾🙏🏾
mad respect bro! thank you!
let’s get it! i just got in yesterday with 100m shares. if this explodes again then we all will be rich. the guy with 100k can buy apple and microsoft
i have my small fortune in 30,000,000. right there with ya
do you adopt people, i will be good 34 year old son 🤣🤣🤣🤣🤣🤣🤣🤣🤣
we found.him the man who can carry us to the moon!!!
speechless and thoroughly impressed. the amount i can invest looks like a flea on your shiba inu.
you are doing god's work
definitely a pump and dump for that guy he’s going to turn his 100k into 3 million and run before you can gets to 1 penny
i do not think people ever heard of inspect element
i have 123 million i bought this week. hopefully if remains like this or it goes down early this coming month so i can have at least 500 million shib coins. if i reach 1 billion shib coins i will delete the app so i do not check it daily. i will only download it when am ready to invest or after every 6 months. if shib like it can go down i will buy until... i cannot miss this opportunity. i will never sell until it hits at least 0.1 cents. am holding this for years maybe
damn! after reading when you got the bitcoins, all i can say about is: you've really earned it, dude :)
i spent 100 usd and got 13.8million lwts go baby let us get to .10 and i'll be happy
i'm jealous. i only have 200m but thank you
damn. thats badass i only got . im holding.
binance lists your balance in order from highest value -> lowest value. shiba amount is fake, ada amount is possibly real, btc amount is fake
damn... i wish i just had one of those btc xd
shiba to the moon 🚀🌚
so are you still 💎🙏🏽 or what? this should be worth a couple 100k more
i got eth instead of btc.
no proof you bought today, could be anyone’s account
pics or it did not happen? screw you man. we are not bullies here in this sub...take your crap talk somewhere else.
bro... what are your other holdings? i’m in the following (listed below) ... can anyone let me know if i’m missing anything good (that’s affordable and has strong potential)? cardano (ada) - 10,000 stellar lumens (xlm) - 10,000 ankr - 20,000 shiba inu (shib) - 250,000,000 polygon - 1000 vechain (vet) - 10,000 tron (trx) - 10,000 dogecoin (doge) - 5,000 bittorrent (btt) - 150,000 ripple (xrp) - 1000 telcoin (tel) - 10,000 verasity (vra) - 10,000 polylastic (polx) - 100,000 revain (rev) - 15,000 ubix network (ubx) - 100,000 dogelon mars (elon) - 1,000,000,000 as a joke
shiba does not seem to have any future. not that i am against shiba i myself is holding 124 million coins, however now i feel shiba is a 💩 and would not grow ever
ahahaha thanks bro. not a whale if the shibarmy ain’t whales one day we’ll be whales 😤🚀
respect for taking up uni ma guy. especially med. get that paper and get that bag. to the moon 🤘🏽🚀
bought some back in 2011 when the price was about i think .06 - .09 but never really thought about it until 2014 when it started rocketing up
just doing my part for the shibarmy 😁
diamond hands brother. diamond hands 🤘🏽💎
keep holding brother 🙌🏽
ofc bro. anyone can do it. wishing you the best 🤘🏽
diamond hands brother holding on until we get to the moon 🚀
riding to the moon with my shiba community. only up from here 🚀💎
cheers bro. keep holding my guy. diamond hands 💎🙌🏽
that’s how crypto currency works ma guy 😁
it's never reaching a dollar. maybe to 0.01$. it will be a fairy tale even if it reaches 0.001$. shiba has a long way to go. got 50million shiba myself. but hoping for a practical approach and not dreaming for 1¢.
diamond hands ma guy 😂. sell 10% then invest the rest 💎🙌🏽
diamond hands brother 🤘🏽🤘🏽🤘🏽💎
just doing my part for the shibarmy 🤘🏽😁
you’re a legend 😁🙌🏽
see you on the moon brother 😁🙌🏽
hahaha yeah hopefully it goes past the moon 😁
i think shiba will explode in the next year or two. maybe not hit .001 but at least .0001 due to its growth rapidly increasing but not a financial adviser could be more or could be less who knows. but due to its growth in the last 9 months since it was made. it’s been quite fast, in the last week i’ve seen at least 4 or 3 new crypto exchange platforms. who know when shibaswap comes that could interest new exchanges such as rh etc. and no bro no inside info 😂 keep holding bro. it’ll be worth it at the end
not rich bro. just very fortunate to be educated about crypto at a early stage 😁
use to have more. but sold it to enjoy life, now i’ve done what i wanted holding on ain’t so bad. but cheers brother. wishing you all the best with your future investments 🤘🏽
high risk. high profits 😂🚀🚀🚀💎
i know the 80 hour week grinds bro all to familiar with that routine although on the bright side you have plenty spare cash each week to invest
hell yeah dude 💎🤘🏽
there’s still bitcoin out there bro. i was just fortunate enough to get some back in 2011. but yeah. finna hold onto shiba until it hits . idc if it’s 5 or 10 years. diamond hands make diamonds 😁💎
one day maybe 😁
people will do anything to make money. but been watching some youtube videos about scammers now your boy is well educated in that area. untouchable 😂😂
yeah bro i’m holding some doge as well 😁
its 1.3 mill in btc atm but holding till it hits 100k 😁. currently i’m a lecturer a university 😁😁
personally i don’t think it’s gonna hit a penny anytime soon. investing into crypto is about long term. i’m giving it 10 years then selling diamond hands 😂🤘🏽😁
some of my friends agreed to buy it the same time to see if it will go up 😂
exactly bro. may sound egotistic but i literally don’t need that money so why not invest it right ? small risk and big gains 🤘🏽
hahaha cheers bro 🚀
scared money don’t make money 😁
very nice. i only own 5 mil. i’m working incrementally on reaching 100 mil.
god bless you ma man ❤️🙌🏽
you and a billion others my friend
not waste of money if you don’t sell 😁
honey, thy next word is *hexadactyly*. can thee spell *hexadactyly*? valorous. anon useth t in a sentence *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
ain’t nothing bad with sharing success. if you want people to succeed you gotta show people how much risk you’re taking so they can be not be scared of investing even just . if i lose money that’s on me but would rather risk my money to inspire new comers to crypto than them missing out. 😁
check my post yesterday and do the math bro 😂
ahahahaha yeah bro i posted yesterday that i was gonna invest ’t believe me. its always the ones hoping to make 🤦🏽‍♂️😂
can you give me one bitcoin 🙏🏼
nice... how much did you invested in back then?
thank you from the future “rich with you” me 🤣🚀💎❤️
do you have any safemoon? (i know this is shibarmy, just curious cause i have both)
so then , what do you as the max value for this ? looking at your portfolio i believe you can give you a valid answer for this
just curious what makes you believe this? how is shiba different from any of the crypto currencies that have become successful?
hold till you actually need the money bro. if it’s the last resort then cash out. that’s how i made it this far. don’t sell until you actually need to 💎🤘🏽
right, thanks for not being cookey lol. i only hold 3mil, myself, and i'm a keep buying over time.
tbf i sold 362btc for 3.5k a long time back. was gutted when it hit 1k let alone what it has hit 😂. definitely diamond hands now though. i bet you shit your pants when you saw it growing 😂😂
im holding lol, thank you so much, just got another 5 millions 😝💯🥂
i was on crypto since 2012, but my reality was, you´re indeed a millonaire...
glad to hear it, no good it being all digits on a screen, you owe it to yourself to enjoy it. i am merely dipping my toe in at this point with £500 in shiba & bitcoin. working dad etc i can’t fire into it the amount i would like, maybe i’ll buy more, maybe i won’t. i just figure having some, is better than having none lol thanks for replying 👍
living off my fiancé money. investing mine. i’m a salary manager and i legit just got called in to work on my vacation. can’t do it no more. 😂
joking but not really lmao
yeah i was just talking to people about the market cap and shit like that, honestly, if companies like apple can rise from 200b net value to 2 trillion in 10 years, i think shib can hit 500b or 1t being a currency. people buy their 500-1000 dollar phone and they are done for the year, meanwhile people are investing their savings and buying up all the currency they can because crypto clearly the future of currency. 1c or 1 dollar, it is gonna be great either way. even a 10th of a cent will be pretty ridiculous gains considering how cheap we got them.
any advice on being untouchable?
tru! i just wish i had that kind of money to invest! 50k would change my life let alone 100k! hell of a job bro keep it up
like . ngl i sold some bitcoin when the price hit 😂
yeah bro. very fortunate to have taken that risk but scared money don’t make money 😁😂
i’ll see you on the moon bro when we land 😂🚀
max for what ? shiba ? i think the max for shiba will be .01-.50 no more than that not saying it won’t pass the .50 but highly unlikely. but anything is possible 😁 (not a financial adviser btw) 😂
bro it is basic economics. see it is about demand and supply. bitcoin was in demand as it was used heavily on the deep and dark web and their were only a 20 something million in total supply. therefore 1 btc being 100k worth is acceptable. shiba has 1 quadrillion coins in total supply and 500 trillion in circulation. so it will reach 1. i say if it reaches 0.001.
what this dude said ^^ it’s all about basic economics
i have 200mil. your advice “hold till you actually need the money” brought home to me the magic formula. i’ll hold mine!
lmao i bet you would have never guessed btc would be 65,000😂😂🤦🏻‍♂️.
great advice i’m in btc and ltc since 2013 and have not sold anything and in on a few others and hodl , long term focus all the way wins !
diamond hands make diamonds 💎. can’t dwell on the past bro. head up and hold 🙌🏽🚀😁. was shiting myself when it was hitting 5k 😂
diamond hands brother 💎🤘🏽
props to you man. my advice is invest with money you don’t need. got to feed your family first brother. but props for taking the crypto market 🤘🏽
hope you can quit that job one day bro. tbh idk if i could work that much hours 😂
yeah bro. especially with health companies now accepting shiba as payment within just the 9 months of the coin being created. i think shiba will sky rocket in no time
1t market cap would price the coin at .00253, assuming we have not found a way to effectively burn coins. however, if we do find a method for burning coins, burning 50% would land us at 0.5t with the same price mentioned above. i'd be satisfied with & 0.002, honestly.
if it seems too good to be true. then probably is. don’t give in to people saying they can turn your . but highly unlikely to happen probably just take your money and leave
that’s what separates diamonds hands and paper hands. i really have nothing to do with the money so i’m just riding this bear market hopefully turn into a bull market. have no plans to rush and sell just seeing where btc will go in the next year or two
so showing i invested into a coin i believe that will make me more money is a sin ? cmon bud
then have a good day bro 😁
imagine 5 years later with shiba you basically didn’t need to work to retire and just had to wait.
saying of the lifetime!!
lol! 🤣absolutely my friend!
50 cent works!! let's git it
m holding my 50 million till 1¢.
i agree with you, even reaching 0.01 would make me very happy haha
1 quadrillion?!? fuck. can that be retracted at all or will it always be 1 quadrillion?
this doesn’t make sense for a couple of reasons... 1/. if there is 500 trillion in circulation then that won’t mean a valuation of 500t at 1$. it’s because price didn’t start at . so if everyone had bought 250 trillion coins at 0.0001 then the this pushes demand up then supply goes the price goes up but still would be nowhere close to 500t 2/. basic economics does not apply to crypto
so, you gunna sell at 1¢? i only have like 5 mil but that is 50k i think i would need to sell at that point. shit even .005 being 25k would change my world. but should i at that point? i dunno lol
okay this was inspiring... i now own 100 million shiba coins 🥂
to the moon on space x rockets, free ride, elon called shotgun.
lmao bro i wish you could pin this. people have been proven sooooo wrong in crypto and they aren’t understanding how quick this thing has moved. the human greed will never end🤦🏻‍♂️
same, i'm not really feeling these 1c projections but even dropping a few decimals would be nice.
huh. you got an exit point you'd sell at?
shibarmy consist of diamond hands. i think the brother lost some money to those scam coins 😂
well vitalik(founder of ethereum blockchain) burnt his 50% which was 500 trillion. still long way to go. it may take more than what we imagine to reach 1¢
bro i just explained on a basic level. there are somethings called fully diluted market and market cap, if you know what that means. it means that when you multiple the total number of coins in circulation to the current price and the amount you get is market cap. which is approx 5 billion dollars for shiba currently. 500 trillion coins currently in market at the price of 0.00001. it means you have to pay 5 billion usd to buy all the coins in circulation at current rate. i think i am right.
and basic economics apply to everything. crypto is a decentralised stock exchange. it's not math magic that you can value assets at whatever price you want. people would not buy if they started selling at 1. not enough money in the world bro.
that's not how any of this works dude. > if there is 500 trillion in circulation then that won’t mean a valuation of 500t at 1$. that's exactly what that means. the market cap is how much money is in shib holders hands, which is supply x price. so when the price reaches , there would have to actually be enough money to support that, which there is not. >so if everyone had bought 250 trillion coins at 0.0001 then the this pushes demand up yeah, and it could swap hands at that price. when new money enters the market, it would go up. you have to assume new money is entering the market. that would also only work if there was not such a supply. imagine i buy every pair of shoes in town. i now control the supply, and can ask for whatever price i want. that's not the case with shib, there is plenty of supply. plus, there is just not enough money in the world to support the demand of .
you mean .005? .05 would be 5 cents
i’ll probably analyse how the chart is going then decide. that’s upto you my guy not a financial adviser 😁
again, another pointless uneducated comment. my guy. you have no idea what coin is good and what coin is bad. the reason i know this is because i made fun of dogecoin cause it had no utility and i just watched it at .0006... please tell me why doge got to 70 cents?! bitcoin has no function so actually shiba has more use case than bitcoin. just like learn more before talking
i'm a tad bit interested in evdc. imagine you had an app you put money into, and that money is spent on gas. that's what evdc wants to do, but for electric cars. the coins are burned when you pay for the electricity. my issue with it is whether or not something like that would ever be adopted
bitcoin probably around the 150k mark. and shiba probably at the .50 mark
adding 10-15 million every other week.
vitalik did not burn his, he donated it. the shib devs sent 500t to him without consent, in order to burn it. he did not like that so he donated it. idk if he holds any more, but that shit is still in circulation.
sorry but your wrong dude it’s not that simplistic at all! price constantly moves and therefore so does the value. price can will hit 0.01 especially if burn rumours are true
i do good catch thank you
you talked me into it
ok me too let’s hold together
naah bro. the devs gave him 50% of the total coin at the beginning as a gift. coz shiba started as a joke. so he donated about 10% and then burnt the rest of his share. about 7 billion usd worth of shiba. 50% of shiba is off circulation.
all the best buddy. i tried to explain what i know. i wish i was wrong. i have 50 mil shiba. what you said...i wish that happens.
25k isn’t worth it to me, or 50 bro if you really wanna change your life just hold until it exploded i definitely believe it will hit a .01 i have bought tokens to hold and stake on my own, some to put on shib swap and some ready to sell at 0.01
smart money hahahaha wow. i had theta at .07 cents the same day please stfu. if you made 6 figures in shib you are lucky cause you are an idiot talking about “meme power” bro doge is a non functional coin and i had it in june of last year please stop talking🤣🤣🤡🤡🤡. buddy talking bout coattails lmao you’re such a joke bro just stop. first to market is fucking irrelevant. price matters and gains matter utility doesn’t you fucjing moron
this still isn’t 100% accurate. he donated 5% to india. sent 40% to a dead wallet. held 5% for a future charity. i think that’s accurate, please do correct me if i’m wrong
nah bro you’re misunderstanding, he did that and also burned half while leaving like 1% for each of the like 5 charities. he 100% burned coins after donating.
oooooh i see now. still, nonetheless there is a shitton of shib in existence. nothing will change until we get rid of a ton somehow.
thanks dude, all the best to you. it will happen, let’s believe! they must have put that many coins out to tactically burn them sending price through the roof and gaining attention and traction. disclaimer: not investment advice, i am qualified but no one can predict crypto accurately 😂
you think it will hit .01 this bullrun or in 2024?
that’s what i read too
that's my understanding as well.
not sure. i strongly suggest you read this [vitalik donates and burns shiba inu](
burn your shib for the cause bro
the only way is if the devs burn all unsold tokens. there are some 10-15% in founder's account.
dude the person who created the coin did not think about any strategy. it is a wonder that it got so far. shiba inu has the power of the people behind it now. i believe it will give at least 100x-250x return in the next 3-4 years. that's it. for a dollar it has to give 10000x return. impossible. i am holding till 0.01$. you can hold and wait till 1$. i wish you all the luck. may the power of shiba be with you.
probably after the next big bitcoin dip, after shiba swap is released for us to use it will definitely shoot upward and closer to the .01 mark. i’m hoping we can see it swing to $.50 within the next decade.
lmao point proven you donkey. just shut your cunt mouth before i fuck it. you little cuck
i do not think my measly 3mil will affect it much
what if there was some sort of trust fund people started donating to? like it is only there to be held, and like a time capsule, years from now it gets donated? the main problem with that is who's in control though :.
i’m holding till 0.1 also 👍! shiba inu love to you 😍
>00 you're probably the dumbest person i've ever met
that's nice. you know probability 😛😛
thank you my friend 🙏🏻
someone just got banned for doing this but you can have me upvote
i do not know what shib is but ok
have an upvote for some honest work
you are good man sir!
this is da way
you have my upvote you won’t regret ignoring the fud. follow the numbers sir or mam
upvote. i feel like people are downvoting this for some reason. haters
gave you my award too :p
this sub sucks. jesus
you swapped algo for shib? wtf are you thinking?
go for it. i love a good pyramid scheme.
hopefully shiba will skyrocket. what are everyone’s thoughts on other coins from shiba family- surge inu and kuma inu - they performed better over last 24h
proof or ban - mods need to enforce potentual karma whoring
i just converted 1k in ltc and 1k in uni to shib. hope i do not regret it.
shib army nft silver edition () is on sale at yooshi nft market anyone interested in buying shib army nft?
lmao! terrible timing to do that imo. wait to see if it is stable to buy! it may drop for another 6 months before we see more action. you're buying at an extremely risky moment.
for every downvote i’ll convert 1 doge to shib (100 max). some of us just want to sit back and watch the world burn.
yeah a lot of people play the "every upvote" game without realizing it goes against reddits rules and tos they did not read under begging for votes. i imagine a lot of people get caught by surprise on that.
wow, thank you for sharing and getting that off of your massively passive-aggressive chest. do you feel better now?
it was a very small percentage of my overall total portfolio. and i quickly replaced it with another coin. i've done this before.
i'll convert . tell me now many you convert and i'll match.
if that is the case, it is very unfair for those who want to reinvest based on popularity of a coin. the point for me is not to have upvotes (i already have decent karma.). the point of a post like this is to increase visibility and awareness of the coin itself. i already have a lot invested; this is just a drop in the bucket for me. i want to spread the word, and posts like these - i believe - are positive ways to do so.
you're a tool begging for upvotes on an internet forum. i do feel better. r
ok i thought you went all in. that’s good news.
i agree with you.
and you're the tool criticizing them so...
enjoy the proof, asshat.
criticism for breaking reddit rules and begging for upvotes. yes. yes i am a tool in that regard.
i'm gonna eye roll the pearl clutching on "reddit rules breaking" considering this site has not been an actual community driven content site for years and years now. i'll take 1,000 of these community focused hype building posts made by actual human users over the astroturfed '50k in the first 20 minutes of being posted' advertisements that pass themselves off as posts on the main subs. this is literally a meme coin. nobody actually gives a shit about amassing the upvotes, it is about hyping the thing *we're all here to hype* using the language of the platform we're hyping it on. it's why the sub specific rules do not ban upvote based hype posts, they just demand proof of the claim.
no, you're a troll. tools are useful.
lol k. well just continue to let people karma whore becuase it is a "meme coin". continue on
why is it that you're so invested in the karma accrual of other users? this is not even a good sub to farm on, not nearly enough volume. karma farmers hit massive subs where it is possible to get tens of thousands of upvotes at a time. nobody here is farming karma volume 500 upvotes at a time.
aw like minded individuals, hell if i can retire my entire family, after i secure a trust for my daughter, then so be it. why because yolo
since we’re all posting stories, a one cent shib means we’d be able to buy my son an ear and possible jaw surgery which would allow my wife to stop working like a maniac.
that's alot of money
im in the same boat. my dad is getting old and works his butt off to take care of us and i just want to retire him. he deserves it. and hopefully shiba will make that a reality soon, im praying hard!
my brother and law who knows a lot about economics, government, news, etc told me that i could become a millionaire by february with 18,143,109 shiba inu. i hope this happens. everyone rise up! don’t sell, and be patient.
i felt this in my soul.
i just want to start my own business i am so dam tired working for other people.
that would be amazing! i would love to be able to retire my mother. she was a single mother that often would work all day in my early school years. be able to retire her would mean so much to me, she deserves it.
i only have 10m shib 😂 my broke ass couldnt afford sht
diamond hands my fellow shibs
congratulations on putting 40 k into shibainu. nice move! your good decision is obviously paying off.
hear is my word on any coin it’s fun too watch and you have a better chance with crypto currency then wasting your money on a lottery ticket or a casino may we all have fun
that’s the first thing i will do is open a trust for my family with my 2,040,000 shibs i got in when the price was 0.00000850 🤔
i have the same dream!
when your goals is to help the people you care about, you’re doing it right.
i bought 10k today, lets goooo!!!
reach even higher! i want to be able to retire with my parents!! 🤞🏻
how far do you guys see shiba going? looking to invest ,000 more.
is it too late for invest shiba????
mine are 74 and 70 here... hardest working unit... i want them to retire as well!
hopefully it reaches 1p some time as my missus work's damn hard and i want to surprise her with the word's we are retiring 🎉🎂🎉🎂
my number where i can exit shib happily is .001-.005. i would just roll it in to eth. 1 cent though would pay debts, buy a house in a market that recently priced me out, earmark money for family schooling (both so and kids), and have enough to still have a sizeable chunk in eth
it’s funny i don’t mind 65 year old mother the same exactly thing! god bless you and remember guys do not get greedy with the money we will make🙏🙏🙏🦍🛸🦍🛸🛸
i’ll buy more with this information in mind
butch invested 30k talking about he wants to retire his parents
my very personal dream for shiba, the utmost, to be , next closed to eth for months and months.
how many shiba do you have
i have 111 million is this good?
youll get to be able too, cause you deserve it.
we got to hodl and watch how our life’s change and that facts. the journey to .1
all the comments are hilariously comical
it’d be a dream to retire my dam self. my parents are already retired and good. haha
it will take one life to pay off my mortgage, then my life is also off if it does not make to 1 penny. huhuhu
damn can i adopt you?
how long have you been holding
damn balls of steel.
bro, when did you buy in?!? holy shit!!!!
he guys, i am using the app coinbase from my ipad air. all i hear is everyone using robinhood and everyone from work uses coinbase. i just started into crypto since september and got into shiba ainu. i have 61m into it, and 159.05 in algo.
holy shit i wish i had that kind of capital.
god bless you bro
i'm raising money for my mother's treatment, my sister's marriage and then my retirement. so i'm all in. shiba 🙏
it gonna happen it has to because we believe it
rooting for you man🤝
hope you make your millions, good luck
the radical left is licking its lips with the prospects of overtaxation on the one positive investment you made in life. essentially they decided all gains are equal. they’ve made their millions and will make damn sure you never get yours.
jesus christ! puts my £500 investment to shame. good going mate
grats to the big winners! let's be realistic though, there are 400 trillion coins if the market cap were to go to 1 trillion like bitcoin is right now. it would top out around 0.0025. so hoping for it to be .01 would mean it would need to be 4 times larger then bitcoin. seems highly unlikely.
how much or when did you invest?
congrats buddy you look like a smart person, what other investments do you have in crypto and the stock market? maybe i could learn a thing or two from you
noooice! make sure to take some profits in btc on the ride up!
keep on keeping on king! shib to mars!
same here!!! ranked 11 th on coingecko!! dogecoin # 10. look out doge army - shib army on the way. we would have to double our market cap but we can do it!!!!!!
only 2 and a half million coins
it’s coming the created 375 trillion coins to drive up market cap and burn or donate coins live the dream
1 dollar in route….thank you for not underestimating the unity of the internet
careful on crypto.com when i try to sell my coins it shows (i do not want to sell but i just wanted to see if there will be any issue in the future when i do end up selling and there is)i am using the actual app from playstore
yes! would love to retire my hard working mother!
i hear ya bro! my 401k is in the toilet, bought xrp early this year waiting for it to take off ( nothing major yet) but shiba inu is gonna be a winner! 🚀
shib is going up krazy, i bought it and forget it
bruh, they had their lives, let them keep working and retire yourself 👻 new meta
come on shiba i’d like to retire at 70 i’m 54 now
what platform do you guys use to purchase shiba inu...crypto.com has to many issues
💎👋🏼. hodl. robinhood is coming. it’s gonna shoot up. 🚀🚀🚀
that’s the first thing i wanna do when i become a millionaire off shib, help the ones who’ve helped me most.
might be a dumb question but i’m bad at math, if i bought in at the .000025 roughly dip for , if it hit .1 how much would i have?
so i have 14 million how much will i make if it hits a penny, am i still broke, and do i have to work 13 hours or is well this be investment money?
yeah seem to be going down like no one's business... people need to stop selling.
we need for ryoshi to put a couple trillion shiba inu tokens into a wallet that can neva be opened again just that simple instead of these bs small scale burns where the buyers can buy back their nowpayments shiba crypto if i’m correct. but these tiny burns aren’t doing us no good because they whales are gaining all the profits by continuing to buy large amounts snd selling when it rises a tiny 😡
damn bro respect for holding with that much profit
i want to retire myself first!!! go shiba!! 1 cent!!!
good luck man its up even higher now
how can we store shib in a ledger nano x? which wallet?
w effect brooo ! well done ;)
it's not going to go past .0005
do y’all think holding 7mil is enough to retire my parents...
if your 70 year old parents are not retired what are they doing still? doesn't retirement hit at 65? that is when you can take out your 401k and everything you have from your roth ira investment
whats wrong with your son and why don’t you get state funds?
🙏 this happens for you, for everyone
if you cannot sleep because you invested money, then you're gambling money that you cannot afford to lose and you should not be here. that's just my .02.
you gotta buy hard
what price does he expect it to be by then?
just one word : hold !!
there are lot of “ bag holders” they are the ones stopping it from breaking out sooner. as long as they are dumping we would have to hodl and buy
why didn’t you get a degree and a decent job?
lmao shit i got 3.3mil you up there don’t worry!!!
bingo, i've made back my initial investment 7x. put that amount back in my account and it is literally all play money now
mine was at .00000528 🤣 loving every rise baby💎😎💎
if i had $$ 3rd world country problem
it’s never too late
today is a spike. wait til a dip. the dips are getting less and less cheap though.
just subtract the total from the gains, it is around 40k.
how much do you hold rn
this is exactly where its going too no more .
let’s all, shibarians celebrate as we soon be part of the crypto financial history, it’s inevitable, invincible, been ridiculed, shiba will be a stable coin soon. robinhood next move, burn more and more.
so how would we sell? what’s the process?!!
damn i have mines on crypto.com too, any details
you can figure that out using basic math bud
please sign the petition for increased burn! check out the change.org page for more info
they own a restaurant.
roth at 59.5 my man.
unilateral microtia atresia. state funds for medical expenses? i’m in the us. state funds for medical expenses (which this is a cosmetic medical procedure) don’t exist and because it’s cosmetic insurance sure as fuck isn’t going to pay for it.
i think he meant of excitement:) seeing something go up 65% is beautiful, i had , i mean i got it as a joke and i motivated myself to a real purchase but those , lol that was exciting
unfortunately the stock market regardless is a gamble. so technically he can. just like my 401k. today i have 500k tomorrow i have 5k it is a gamble.
everyone is on edge, even if you put 1% of your earnings you get nervous, that’s just my 645 shib.
true that is what i did and that lil amount is 250 percent up... kicking myself i thought no way did we find a doge i know could of got in months ago and had millions already hopefully the run like that is still possible.
he said that he’s hopeful it would be 20 cents soon based on the evidence out there. and by that, i mean by february. he said that there is more than enough evidence to support it.
would have to get to about 5 1
sorry? are you offended by something i said?
you forgot to put “brain” behind your username, didn’t expect a highly educated professor to forget that.
i have little money i can hold for 1 years
i would start buying, but not all at once. average-in. figure out how much total you want to put in, then buy some fixed fraction of that every day, few days or week. if there is a dip, buy double the fraction that day. good luck and hodl to the moon!
well no more without a burn in addition to considerable hodlers
okay what about 37 million
ohh shoot. i feel the pain. all my relatives own chinese restaurants. it's a hard labor business... props to them for working hard
i understand i am in florida , i am thisabled and i have lots of days i dream of being a superhero so i can laser all those agencies .
they are not even closely comparable. the stock market has average 8% or so over > 100 years in operation. cryptos and these new 'shitcoins' are all gambles more akin to running to california to pan for gold in the 1800's. i get where everyone is coming from, i'm just saying do not put your dinner money in these funds. put money you can afford to lose. and i'm in to. i've got a few thousand in shibu hoping beyond all hope that they can burn enough coins to make it go to .01. that would be great.
if it hit .02c, i wouldn't be rich, but i'd be debt free. if it his .00, i'd be ridiculously rich.
i strongly believe the big run is very very possible but what i question is the time frame. maybe it will take more time that most of us wish since most of the investors do not have significant amount invested that can make life changing money with these 300-500-800% pumps.
i'm a big fan of shib but what evidence? i'd be surprised if it hit .001 by then.
i hear what y’all are saying, but are we still early? there’s still rh folks who haven’t gotten onboard yet, but hasn’t everyone else (in the crypto sphere) already bought their fair share of shiba? just playing devils advocate. i’d love for it go up and i hope it does, even .001, but it’s gone up so much already.
you realise how large the market cap would have to be right? people like you create fake hype
lmao what evidence? do you think this rate is going to be the same forever without regarding limits of people, money, and resources in the world?to reach 20 cents, it would have the same market cap of bitcoin, even having 98.5% of its supply burned. other guy mentioned 1cent, even for that, it needs 99% of coins to be burned to reach same market cap of doge.
without a "massive" coin burn that is not impossible. there is not a large enough market cap for it. be happy if it ever reaches .005.
you said your mom worked hard in your early school years. to me it sounds like you love her wholeheartedly as you should. why didn’t you get a decent job after college. both my mom and my dad worked hard to send me to school. i studied day and night to complete it . i was happy to get a decent job and treated them well before they passed. just wondering why she is still working and you are an adult.
lol i even contemplated buying at that price cause i could bought lower but did not have the time so when this opportunity came i did not let it pass . 😎💎 i’m holding and not letting it go💎💎💎💎💎🤟
5 bucks right now only has unlimited potential
[watching this always makes me feel better](
no you’re right unfortunately people thinking shiba going to a .01 is a pipe dream. it’ll never happen. to much has to burn and happen but it’s fun. but a tank of gas or . yes absolutely a gamble.
no way it can go .01, just madness. go for 0.0001
lol. i bought a bunch of doge when i was sure it was going to . and stupid me, i sold my amc (like 2 weeks too soon) to get doge. i feel like an idiot whenever i think of it. :(
i thinking of flipping my - ada for it could recovery my lost prob in a day
0.01 is definitely happening at this rate. holding 1billion.
>but what evidence? no further questions.
i don’t create fake hype, this is just facts. what are you even talking about? 🤦‍♂️
they burned half of the supply in one year. no one is saying is going to happen tomorrow. sick of the market cap math wizards
doge is only 30 billion market cap. shib is 12 billion. so no, 99% of shib doesn’t need burning.
didn’t i? who says i don’t have a decent job?...do you know what i do? do you know my age? 😂 you know nothing about me, yet are assuming lots of things that are simply not true. i am legally an adult, but didn’t know a 19 year still in college whom is studying for a degree was meant to have already found their career and cared for their parent. nice one though. you seem like an incredible person. do you resent having to take care of your parents? or are you just trying to act like you are the shit because this is the internet?
that’s cool mate!! happy for ya!!! 🚀🚀
should i just put my 900 into doge then
if doge can do it. any coin can based on hype! prove me wrong in 24 months or less. it requires both our addresses and you transferring. put that money where that post is bro! explanation why down below: everyone shook their head when doge went up. don’t be ignorant to the facts and manipulation of society. that is why we are all here. and exactly why you are here. 24 months or less! watch!!!
i wish we knew the future- would be so much easier. idk man, simply holding has proven to be the most efficient way to turn the loss into profit. patience.
that seems to good to be true, although i hope you’re right!
if you had 1 billion shibs you wouldn’t be here. your broke ass would have cashed out.
the market cap would have to be higher than bitcoin for it to hit 20c
you are wrong! to be at the same market cap as of dogecoin () at value of 1 cent per shiba coin, over 99% of shiba coins in circulation will need to be burned! there are 394t shiba coins in circulation as compared to 131b of dogecoins!
dude, you-re not getting it. if shib goes to .01 - 1 cent, at current supply it would reach 4 times the market cap of bitcoin. for shib having same market cap of doge and reach 1 cent, we would need it to have 99% of the coins burned.
i take care of my 2 older brothers too. so if that makes me the shit then i am. i hate people who lie.
that's an even worse idea
people say crypto has no real value while carrying around piece of paper with numbers that get printed whenever the government feels like it.
total supply of shiba 1 quintrillion. there is 394 trillion circulation. doge is 131.7 billion circulating and supplied. it’s apples to steaks. if you spent a million dollars a day to get to a trillion it’s 2738 years. do the math buddy but i’ll wait 24 months or less. maybe you meant years. but hey i have shiba it’s a grea dream. kinda like sleeping with jennifer anniston. odds are not happening. but we can hope and slowly make a little change on the way.
i will be messaging you in 3 years on [**2024-10-12 00:42:27 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
i do that with bitcoin and eth ... my bitcoin just now like even lol
cash out for 35k? quit fucking self projecting you broke greedy shitbag.
larger than bitcoin is an understatement. for it to hit 20c that would be almost 4 times the gdp of the usa
you people and market cap, lol.
who is lying?...what? xd someone got some problems they tryna take out on people on the internet.
wtf is wrong with you? pull the string chick. just pull the string.
bruh. it’s not like you’re giving good suggestions.
sell when even, buy back on the drop
for 7 million coins to make you a millionaire, the market cap for shiba would have to be larger than bitcoin. it's the same for 37 million coins. doge has a way higher marketcap then shiba, so it is still better to put your money into shiba, but it would not make you a millionaire. there are loads of people on this subreddit who ignore the marketcap to create fake hype. do your own research and have a good day
but it fluctuates. unpredictably. btc is a great example. shib can hit a penny if the shib whales burn their majority.
no it’s not, buddy. if you’d do one lick of actual research there’s plenty of articles out there that explain in detail why market cap is not a good tool to use to determine the price of a coin in the crypto world. but you probably won’t do that.
i literally found this in 5 seconds. or is that too long of a read for you?
doge does not have a higher market cap than shiba lol
yeah, but it is not going to fluctuate to over . i dont think whales are going to burn their majority.
doge has a 42b marketcap while shiba has a 13b marketcap what do you mean
if shiba reaches one cent i will walk naked in the streets of stockholm
so i’d have 12.5million? okay i’ll mega hodl now
look at doges market cap, and shibas
i could be wrong but is not doge circulation like 132bn and shib 500+ trillion way way more than 2x
sorry to say but this isn’t happening unless a major burn off happens. for it to reach a cent i believe the market cap needs to be 3.3 trillion, 3x’s as high as bitcoins right now and more than every other coin put together. i can possibly see .005 as a real goal
it hits .25 and i'll shit myself!
you sir are unable to understand circulating supply there is 131 billion doge there is 549 trillion shiba that is not 50% more, that is a fuck ton more. not even close. we need to burn 99% of shiba to be able to hit doge numbers i hold 10 million doge and 2 billion shiba been in crypto since 2011 sorry not sorry, stop spreading dog shit
i wouldn't thiscount doge...i made a lot of money there. i believe...had they had better management, they would've stayed between .35 .55. shib has many more vendors accepting their coin over doge.
it’s all bla bla. all i know i bought 50,000,000 shiba on the dip.
i like hype posts, but you're bad at math and have given no evidence of currency burn updates ect. these types of posts are the thing that literally put the wrong idea into people's heads and make them paper hand when it does not happen. correlation does not equal causation. just bc doge is at a certain price point does not mean we will get, just like it does not mean any of the other cryptos will either. please, unless you can give accurate info, keep it hype instead of misleading price predictions based on flawed logic so we do not alienate the newcomers who are just learning the math
i like your enthusiasm, but .25, i don’t know. i’m hoping it will get to .01 in two or three years. who knows it may happen. let us hodl
unless more coins are burned the chances of it hitting .25 is slim. you have to understand economics. that would be worth more then us and euro gdp together. their is far to much supply on the market right now. i get the designer made the supply abundant but more needs to be burned, plus it needs to have more uses instead of just 1 restaurant in paris
shiba is a good investment. you becoming a multimillionaire from it though, unless you bought pre-october... is highly unlikely. just enjoy the ride.
for everyone who's saying this post is completely wrong, the op is an idiot, etc.: i'm not saying that 0.25 is going to happen, but just to play devil's advocate... it is true that ***at the moment*** shib has over 4000x as many coins as doge, but – if i understand correctly – doge is inflationary, meaning the supply of coins could theoretically increase indefinitely, whereas shib is deflationary, meaning the supply of coins will only go down over time. with those fundamental attributes being taken into account (not to mention the fact that all of this crypto stuff is relatively new and does not always follow conventional wisdom), i think it is not completely unrealistic-wise at this point in time.
doge has a circulating supply of 131.9 billion coins shiba has a circulating supply of 549 trillion coins. shiba's market cap of .4 billion is already higher than doge market cap of .9 billion no way shiba gets to .25 with hundreds of trillions of coins being burned.
if every holder threw 1 million shib to the burn wallet it would be game over. we would be at .10
.001 is very real. i am not on the 1 cent train but would love to see it happen!
dogeleon mars is looking real bullish right now
itt op makes wild statements about a crypto without anything to back it up.
if this happens, my wife might dump her boyfriend.
.25 = 1m for me
with superconductors becoming more rare because of supply chain and manufacturing shortages shiba may rise is usage for the mere fact that all the coins are already in existence. no need to mine it or depend on a centralized blockchain to dump a fresh thistribution. plus, the total supply will be burned incrementally over time thus creating greater value per unit
my shiba and dogelon to the moon
careful on were you buy. after consensus i determined crypto.com is most fair. just saw advertisement for webull as new vendor for shib too. george at crytorus says beware of foriegn vendor fees. says some are as high as . hopefully robinhood will get in the game.
you are right. go for the moon. kill the doge
i would love this, but definitely not realistic. even .01 is not likely anytime soon.
help me understand, circulation shiba 549 trillion , doge 131 billion seems way more than twice?
good to hear. but would still hodl!!!
you know what? i’m going to hold my shiba even harder now
just waiting for shib to hit .01 so i can close 1, take profit, and hold the other 1.
you apparently are dumb
i beilieve is not math! zero math post i believe shib can go to .25 i mean bitcoin went to 60k all is possible with i believe
always the folk with market cap this market cap that it is crypto anything can happen just wait and see and of course hold that fuking line and stop saying things like it cannot or oh the math fuk off just hold fs
453k signed petitions for robinhood. let’s go 47k. guys sing petitions pls.
41% has already been burned. keep up the burn and purchase and we should see nice gains.
this is some of the dumbest shit i've ever heard. >don’t worry about people talking about the amount of shiba in circulation, there is only twice as much shiba as doge. >so by the law of reason it’s very possible that we hit half there peak and level at half theirs. dude... shiba has like over 4,000 times as many coins. which means our market cap has to be 4,000x as large as dogecoins to be worth the same amount in the long run. how can so many people in this sub function in daily life when they go around thinking the shit they do about this coin...
i agree, but it is going to take some time, in like a couple years. just hodl
i’m guessing today the hfs will pump it so they have liquidity. i’m no financial expert but they love to do this kinda of thing then dump it.
i don’t think you understand how market cap works. it would have to burn a lot of the circulating supply. it’s possible but it would be far in the future. just need to hold and see where it goes
holding till my hands fall off
so just think when someone say something like this, there’s actually more than half of shib’s in circulation compared to doge. per cb, circulation of supply for doge is 131.9 b vs 549 t coins. they’ll need to burn majority of the shib supply to get there! meaning all the supply that you’re holding needs to be burned, as well. so hopefully those coins will get lost like the socks in my dryer! it’ll be years for it get there! but just hodl long enough it be should pay off esp with all new ecosystems they’re laying out.
stop posting ignorant stuff without realizing what market cap is
inb4 "market cap" whiners...
we beating doge and become a stable coin in lest than two months, that the shib way
what the fuck do you mean there is only twice the number of shib as doge? you’re either really bad at math or just flat out lying?
while i'd to see shiba hit .25, i have to address the statement you make about how there is just twice as much shiba compared to doge. a quick calculation will tell you that that is is 5400 times more shiba in circulation. on the upper end, shiba has a liquidity of 590 trillion which means there is nearly 6000 times more shiba than doge. unless, the devs come up with a robust burning protocol, which really is not much at the moment, hitting .25 is a pipe dream. thinking big and long-term is something we as shiba hodlers should be. but, or should be rooted in reality.
lmao do you ave any idea what the market cap would be? this is idiotic
actually shib is better then doge in 1 way it is proof of work not proof of stake...plus as long as elon stays away we'll likely be way more stable then doge ever has been...( bonus)
i was fantasizing about the days it hits .25 or .39 and so on... unfortunately it is not going to happen. there literally is not enough money in the world. don't listen to me though listen to this guy:
ill be so rich if that happens
> trust me bro that's all i heard here. i'm already holding but this post is going to do nothing to rile the masses
if we burn 74 million a day (aprox num i just took from shibburn from the last 24 hours) and we need to burn 99% or about 583,000,000,000 shib, it will take about 22 years to burn that 99% hence not impossible. but maybe that per day burn might increase or another massive burn happens, things can shift in many ways. we just need to hodl and see but definitely shib price will keep going up with time
poor people …ain’t hitting .01 and sure as hell not .25
.25 it’s completely impossible. some of you have no idea of this world.
thats what i said earlier this week on my podcast. lets also get mr beast in.
yes that true, back i 2005 the warned all about bitcoin. its risky, you can all lose you money etc, and even the one who supported bitcoin said we want free money, no banks, no control by goverments. and now we do what we do, we are free, crypto is all about beliving and change. i believe in shiba, i invest, bitcoin is out, will move only one digit, may be. shiba is better. hold invest and wait.
your math is way way way off. shiba doesn’t have 2x more coins than doge. it has 50x more. also there is currently more money invested in shiba than doge. shiba already won. if shiba gets to .25 it will have 100x more money invested in it than bitcoin. do you really think that’s possible?
here's the funny part. 1 quadrillion coins in circulation.
a 1 cent (.01 usd) price would value (in market cap) shiba inu at one third the entire gross domestic product (gdp) of the united states. if you really believe this is a realistic goal, you’d be better off digging up bernie madoff and buying into whatever creepy shit he’s selling. at 25 cents per token shiba inu would be valued higher than all of mankind's combined wealth, ***all of it.***
hey retard... you do realize doge's original listing price started out with 4 zeros where as ours started with 9 zeros. quit with this shiba over .01 bullshit... .35 is so outside the realm of reality that its laughable. not even just giggly type laughable, but full out belly laugh, with tears and snorting type laughable. this type of post is what causes new investors to bail when they see a dip... how the fuck is .35 possible when we cannot even knock another zero off without having a market cap close to that of tether?!?! lay off the bong bro!!!
it will get to 1 cent by september 2022
i agree with this. the value of a cryptocurrency is whatever people determine it to be... people who come at you saying "the math" says we cannot hit 0.01... what math? it's not like the stock market, there is not "an equation" to predict everything. i'm constantly using doge as an example of this, and doge has absolutely no utility or actual value, other than people like it, meaning shib can easily do better with nft, staking, exchange, etc. shib is a great ecosystem compared to doge which is literally nonexistent minus the fact people trade it.
faster, slower, same pace?
i appreciate your optimism!
this is the positive talk i like 👍🏾 shib2themoon🚀🚀🚀
power 2 d shibas
10m and holding let’s go let’s get it up to $.25
i haven’t even dreamed this big. i gotta be honest. i’ve just been praying for .01.
i do not think so most of us lil people would have millions and millions of dollars. the elite wouldn't like that unless houses are like 40 million usd for a basic house. the drive for shib is much bigger but they have billions we have trillions of them .
if this is true, everyone i know right now will have 550,000. which does not sound right
i hope you’re right. you never know with the way the markets are act now adays
market cap. figure out what that is.
i think your numbers are a little off. i see about 132 billion doge in circulation and 550 trillion shiba inu in circulation. nothing is burning shiba inu except for random acts. the market caps of bother coins are about the same right now. what do you think will compensate for the fact that shib has 4000 times as many coins ?
bro how is this funded? have you seen the ammount of availeble coins we have compared to doge . i'm going naked around the block if it reaches 0,05 euro.
that would make me a millionaire so...i am all for it.
also we don’t want or need influencers or celebrities in the community. that is for pump and dump scams. if that’s what you want there are plenty of token to get into. i’m also interested in what huge amount of money you’ve put in. i’m betting it’s really not that much in the greater view. maybe to yourself. you just really don’t sound like you have a solid understanding of markets. you really need to check what you’re saying and stop posting shit like this giving people that don’t understand either unrealistic expectations.
it is likely if a %shib is burned . can we hit 1 trillion market cap?
burning some percentage from the whales’ holdings is a necessity. so i can cash out with huge profits.🤑🤤
i do not understand why people give bad advice for no reason, especially considering a lot of these people are young college students. no, do not hodl if you need the money. don't hold because someone on the internet told you to. you can win big if you want to take a risk and it might pay off but investigate these situations yourself and make the right decision if you think it is wiser to sell.
you’re forgetting about circulating supply, that remains a huge problem
apart from the amount in circulation means it’s very doubtful to get anywhere near that! even a 1p is pushing it !!
i don’t think that maths checks out
it took dogecoin about 8 years to reach the current price point. but i believe shiba might get much more value in time. i was showing my son cryptocurriencies and he noticed shiba inu and... we bought almost 2millions of tokens :-d will hold for a few years and we will see...
buying more right now!
the only way shib reaches anywhere near $.25 is if they burn 75% of the circulating supply
to much supply out there. they'd have to burn a helluva lot for shib to reach .25. i have 370, 000,000.00 coins and would love it to but do not see it happening in my lifetime.
needs a massive burn... no question
if you see this buy elon also
what is the timeframe you think it will reach .25?
sounds good to me! i staked all mine and collecting interest as the price goes up so does the interest! don’t sell! buy-hodl-stake! 🖖🏻🖖🏼🖖🖖🏽🖖🏿🖖🏾🚀🚀🚀🚀🚀
i’m going to make 100 shibainu tshirts and give them away for free to advertise . i will contribute sweat equity to help this movement .
0.01 would be a blessing let’s not get carried away here
"i predict a peak at around .35 and it to level at a steady .125" and what credibility do you have for this to be a real prediction? i am saying this as someone that is holding 508mm shiba - $.25 is not likely, $.1 is not likely, $.002 may be a possibility
i’ll streak here in kentucky
i appreciate your enthusiasm but your math is vulnerable. shiba already has a larger market cap than doge. floki is chasing behind. either the whole meme market needs more participants, and let’s be honest, that is not an automatic or doge holders need to sell and buy shiba, but let’s be honest, most hold a bit of both so that is unlikely. there will be more growth but your numbers don’t add up. at .25, you are taking a market cap that is greater than bitcoin and that just ain’t going to happen.
literally can’t, the coin would have a market cap of 250 trillion
25 cents lmao oh my god please give me some of the sauce you’re drinking , you clearly don’t have a clue about the space , you would need every single dollar on the earth + more for it to even reach 0.10
i want what you’re smoking if you think shiba hits .25 lmao
except for the difference in supply.
tesla might be accepting shib! watch out!
holding 100 millions 🚀🚀🚀
i would have 48 million... not bad not bad at all... but we all know it will never happen
big difference between doge and shib. just look at coins in circulation.
let's use an analogy of fruit with doge and shiba. for a few years a new fruit noone ever tasted has been around but noone cares because it might be gross and everyone prefers apples anyway (bitcoin eth etc). then one day someone with a huge social following tries the fruit and decides the world needs this. aka meme coin. but there were a limited amount of farms producing the fruit so the social media frenzy made people snatch it up and the supply starting to look like it might run out (this is doge). the cost rose as much as it could while people fomo bought it but then tapered off once the news and social media died down... then imagine the same scenario except there is 590 trillion farms all producing the fruit and thus noone feels as though it will ever become scarce. the price goes up and down a bit but never skyrockets like you saw with bleach wipes during covid because there will always be plenty of them around. (this is shib). so unless someone invests many billions into buying up all the shib or a crapload get burned like almost all of them the price will never reach anything near a penny
it’s impossible with the market cap. it can’t even hit 0.1.
if shiba hits a penny ill run around the streets of humboldt county with a ribbon on my weener chanting shiba shiba!
so many people are holding our for .01... then what? true diamond hands will hodl.
for shiba to hit 1 cent the market cap would have to 348x from the ’s at now. that mean shiba’s market cap would be 3.9 trillion dollars at 1 cent per coin. this is 4x the market cap of bitcoin right now. it’s not gonna happen. do your research. make the profit you can make and then cash out.
except doge was already listed on robinhood around 3 years before the big spike. the cash infusion associated with a robinhood listing for shib could supercharge its price even more.
man, i put (i think) on crypto.com and that got me right at 3.25mil shiba. i’ve been holding and saw that .68 last week; the one time i looked at it. originally, i had thrown the money in there to say “what the hell, it’s only .” it took a lot of strength for me to not get back my . then i looked at it. ,000(roughly) shiba. .25 million. that was 8 months ago. why would i sell 250,000 shiba for ; when i could wait and sell 250,000 shiba for ?🤷🏻‍♂️ that is, of course if there isn’t a major explosion (major burning or giant increase in popularity)
this looks so chilthish. just how greedy you people are?
buy, burn, buy, burn, repeat...
amen. already watched some friends sell off their shares. i told them that was foolish. oh well lol
new burn technology & strategies. coming and real.
i hope for at least half that. i would not be greedy : )) just heard being listed on kraken tomorrow. how did i miss this?!?
do you know what market cap means
you obviously don’t understand the supply issue, doge and shib are of equal value, which means if both coin supply were the same shib is worth .25 right now already.
i say when shibu hits universal end i say we buy us chain of islands and hide from tax collector.lol jk
is that even possible with a 4 quadrillion market cap?
how do you "burn" shib coin?
sorry, but you’re delusional. i don’t think you’re really understanding the numbers involved here. shib is nothing like doge. they only share a similarity in name and the fact that they’re a meme. there are 500+ trillion tokens. get that? trillion. let’s simplify things and say there’s 1000x as many as doge. that would mean to hit .25 it would need a market cap 10x bitcoin now. if this happens it won’t be for many years, if at all. there is not going to be any significant burns happening. the devs don’t own coins to burn. they only burn some from the swap and that’s nowhere near significant. if 1 billion coins were burned a day it would take over 2 years to reduce the amount in circulation by 1. last i checked the burned that much in a month lol. i get wanting to be excited for the future, but you’re actively spreading misinformation about what is possible, you should stop.
only getting there if there is a consistent burning mechanism
meme coins gonna pay off my school loans….now just imagine if i didn’t have school loans…
what y’all think about floki?
131bn doge vs ?
rich people do not like all shiba inu holders get rich. hold!!!!
eth was very similar to btc. 78% of shiba is held by the top 10 wallets… people will see what they want to see
where can i see the full chart of shib, also the data from 2020? poocoin . thanks
help me fellow shib holders, how do we know this won’t be another squid games fraud token? i’m serious in this question. i’m holding but my fingers are crossed tighter now.
one big differ, however, is that elon musk pumped doge. on that note, tesla just announced that they will not accept shiba as a form of payment.
,250,000 in my bank if that happens.
i just bought 3m. i am in this.
please let this be true! i do not want that sales manager job!
holding til the year 2031
so realistically it might top out at .001?
ive asked several times and never got an answer - why can’t the developer of shib just burn off half the coins or whatever? if they aren’t owned.
awesome! thanks for the info!
doge has .00025% of the circulating supply that shiba has. need big burns to happen.
i only have 1.3 million coins rn and i put in . is it too late to buy more now?
market cap is the difference. we'd need like 90% of the coin to be burned to even have a chance at getting close. is this realistic?
market cap pls pls pls get it in your head
so what ab the market cap?
i love your enthusiasm bro! only time will actually tell, but i too see very striking similarities between doge in the early days and shiba now. i am convinced shiba has much room to grow and will provide forward looking investors with immense rewards.
they will have to burn about half of their coins for it to hit a penny. we will see.
you’re not considering market cap.
so where y'all gonna get your shib tattoo when it hits two bits?
we now need an elon musk to endorse. i would vote for salma hayek. i just like her. she is shiba worthy.
everyone has dreams go to sleep and live them then wake up lol
hold for over .01
if i end up making 8 figures i’m fucking selling
i’m not selling. i am a serious believer!!!!
i'll take my initial investment and then hold long term
how long do you think it would take to reach .25 ?
i’ll do the same but here in sf that’s like a tuesday
if it does….i’m retiring
should i buy 250k
chill. we haven’t even hit .001 yet and also that is no way possible. the market cap would have to be trillions. literally more than the entire crypto market. research more please. but we can only wish it will hit that number.
for the ones that keep speaking on stuff they have no clue about…
shib to the moon then mars 🚀🚀🚀🚀🚀
just bought 5 mill today been amc ape since march and only know how to hodl and no know where sell button is howdy(:
i'm holding out and in fact, buying more and more each month until then.
there’s going to be a huge sell out at a cent.
interesting write up. i’m a big hodler, i really hope the community back this coin, it should be kept as a family heirloom with huge huge potential! but only if you treat it as such! hold, screw short term gains and just be loyal!
not likely you are basing it off of the fact it is a meme coin, you need to learn about market cap, and you will see that 25 cents is impossible unless they burn nearly every coin which would not be happening for a long long time if at all.
would not able to stop jizzing if this becomes true!!
i actually does not know which coin will buy like can anyone help me
let’s go 📈🚀 holding all the way
just remind me to buy some homeless ppl some food when this makes me w millionaire
i can see many naked people globally already!! 0.1$!!!
important note: no one knows! :d
i will be watching then
i’m not making the same mistake i did in the past, hodl!
op doesn’t understand math very well. there are 4000 x more shiba in circulation that dogecoins. you’re comparing apples to oranges and pulling 25 cents out of your ass
shibs is nothing but throw away money. just forget about it and maybe some day you can make some side money. to all you people thinking you gonna be rich go talk to a financial advisor immediately
for shib to level off at .125 it would be .5t. meaning it would surpass all criptos to include bitcoin. the only way your prediction will happen is if about 3.
buying more from the dip right now.
tell us more about your earnings, and how you profited.
i hope your prediction is true at .25 i could live nicely just on the staking income
the crypto industry needs to grow substantially for this to happen. there literally is not enough money in it to make this happen. but crypto is growing on an international scale, so it will get there, but you need to hodl for 3, 5, maybe even 10 years. that seems like a long time but consider than 99.9999999999% of people will never be rich, and all of a sudden 10 years does not seem so bad.
i think that the whales will try to manipulate this and they will pay people to scare us out and to create fud. but if we are not shaken when it pops it will be good .real good. elon may add it to purchase tesla and robinhood will get on board. hold strong!!!
you are wrong on so many levels. if shiba hits $.25 i will cut my penis off and feed it to the dogs.
it is likely to reach .25 even more than that. possible to pass the .75 mark from doge. that’s up to the community and what shiba plans are for the future. from what i see, most people going to be out at a .01 or less which is in my opinion pointless.
if the top 10 whales of shiba burnt half there coin, then maybe we would have a chance. however, they would not. why? greed.
if you're wrong i'll be consulting my lawyer, financial adviser and wellness coach, dr joe reed who will take things further! also, magic beans for sale!
for shib to hit .01 penny it would need 3 times bitcoins market cap today. shibs outstanding supply of coins in circulation is 15 trillion. it wont even hit 1 cent for atleast 1-2 years if ever
market cap and supply does matter. burns do not mean shit. it does not remove tokens from total supply. they're just sent to an inaccessible wallet. it's no different than keeping your own crypto in a non-custodial wallet. shiba would have to consolidate the number of tokens like binance did by doing a reverse token split to even reach 0.001
i'll do the same here in india. let's pledge. remindme! 1 year.
that’s not an uncommon sight in stockholm
i'm trying to understand something, when the coin reaches 1 cent there will be mass sales and the coin drops to zero, is that it?! it's because, from what i see here in the comments, everyone is waiting for it to reach 1 cent to sell everything!!! the thistracted lose everything!!
me 2 but in malmö
i will do the same here in atlanta
i'll do the same in nicaragua
remind me as well please!!
im holding you to it!!!lol!!!
let’s not and say we did… instead i’ll pledge to donate 10% of my profit to our local spca.
lol, would be a sight on both ends! hahaha, we are lucky if we see .0001 let alone a penny. would love to see it but not gonna happen for some time and a lot of burn later. still, pretty incredible to see shib do what its doing
i’ll get naked on the streets of florida!
i won’t do it. in the u.s. you would get arrested and then have to register as a sex offender for life.
i will do the same in usa
i'll tattoo a shiba on my ass cheeks if it hits 1 cent on live stream
same here, i will walk in the colosseum here in rome like a gladiator armed only with my ding dong
i'll do that over here in mexico if it reaches 5¢
i can join you, fellow swede 😅
there is no way i manage to hold untill i got 87.765.933$...
gonna omega hodl my 32 mil shib till the moon. 🚀🌜
this is the way …
even though it might be "cleaned" for existing coins, that have not been burned yet. which means shib must burn more coins of course. maybe it tenfolds once more, but market cap-wise it should be close to over by that factor then...latest...so only chance is more hype and burning of coins, would agree here...anyway...all apes have diamond hands and hodl on to their assets :)
doge is inflationary and shib is deflationary. time will make shib a much higher value than doge.
for the love of god, please stop making sense
correct. everyone seems to forget this. they hear unlimited supply and lack critical thinking. it has unlimited supply potential because it has no max on how many can be minted. only 132 billion doge coins exist right now……trillions upon trillions of shib exist. anyone who thought doge couldn’t hit a cent didn’t understand crypto. and anyone thinking shib can hit a cent, unfortunately does not understand it either.
yeap, its impossible and people are insane
shiba hitting .001 would be like doge coin breaking a 10 cents. any higher than that consolidation or even getting there is impossible
you're absolutely right! for to get to $.01 there has to be only 1.1 trillion tokens in circulation. if people are willing to wait 15years for that to happen great. the reason doge did it so quickly is because it did not have a quadrillion to start with. sure there is burning going on but not enough to make much of a difference. 1.1 is a very long way to go.
correct , doge market and coin is much lower
even that sets me up for life and imo more realistic too
isn't some getting burned every day? i mean it will likely take a while since only millions get burned, right? i agree with you though
if we are loud enough i'm sure the devs would take notice and...possibly increase the burn?
we need that whale who invested . that would be the ultimate burn.
a major burn is scheduled for november. i’m not sure when but i’m sure it will increase the price.
you realize if it sets you up, it also sets most shib holders up, and there will be a mad cash out frenzy which will cause the price to drop. take profits along the way, and don’t be the one sitting with all the coins when the price goes to zero.
yes 0.005 has always been my goal, and even that i've been a bit iffy about tbh
if it hits .25, i'll wipe your ass!
if it hits .25, i'll eat your shit.
how does that work? how do they burn off coins?
i believe bitcoin will get to 500k within the next 2 years or so which would make bitcoins market cap around 10 trillion if shiba as of right now with the current supply in circulation went up to 10 cents it would make the market cap around 2 trillion if bitcoin could do it why cannot shiba do it
wrong. doge has more.
tell this to the u.s. govt., printing and giving money like it is falling from the sky
so then the one simple thing that needs to happen is coins need to be burned. there's already more money in shib over doge, if i understand the market cap correctly. so a massive coin burning maybe twice a year for 3 years let us say. or maybe the devs burn what would need to be burnt to match dogecoin supply with the push of a button. i dunno
interesting concept... what about the holders who have far less than 1 million shib though? also wouldn't game theory suggest that – even if you could get everyone to agree to cooperate like that – many people would defect and not burn anything, since to each individual the best choice is to just keep the shib and let others throw it away?
if it does in fact happen, i might give her back.
6.5m for me! lets goooo!! 🚀🚀
i agree with this theory
[crypto.com]( is dogshit dude. the fees are brutal. wtf are you talking about?
shiba already has more money invested in it than doge.
lol yeah, more like over 4000 x as much
math is hard. common sense is hard.
because that is not how any currency or economy works at all. crypto is only unique because its worth as much as people are willing to pay for it. but there is still supply and demand governing it. shib has a lot of holders and a lot of coins in circulation. that alone will prevent any type of real price gain. in fact the only thing worth hoping for is that other exchanges begin listing shib so people with no access to buy now can buy. then you might see it eat another 0 or maybe even 2 but you'll still have a crapton of people holding a little of it with a few whales who will cash out by then dropping the price and keeping it static. unless an unprecedented burn happens this will get nowhere near a penny. and there is not enough actual money in the world to let it go to a dollar or even .25 cents
man im on your side but your weak argument is basically "but miracles happen with crypto!"
the math is a pretty big fucking part of it though lol. a shitload more shib needs to be burned. hundreds of trillions more. people really need to quit comparing shib to doge and learn a bit more about supply and demand.
for real and they be thinking they smart asses. as you said anything can happen with crypto. look at bitcoin that mf crashed and eventually rised up again even more than what it was before the crash. y'all gotta chill just trust the process.
most of that was vitalik. the rest of the burns are just a drop in the bucket. to make this coin really valuable 99% would need to be burned including 99% of mine and yours.
exactly what i've been saying. maybe if we reach that 65% or maybe 70% we might see it at 10c but who knows its crypto, anything can happen
lot of people here who do not have a basic understanding of the decimal point too.
thank you for this link!
this coin is fueled by idiots
great idea! i think someone like mr beast could create a dead wallet and rally the people to do a matching burn! genius… glad i thought of it. 😂
interesting, especially considering bitcoin was invented in 2009.
so will illegal immigrants under the biden plan to give families 450k to separated families under custody. so...
holding also helps, right? like if more people hold, there is less coin in circulation, thereby decreasing available supply to fill demand which would raise the price?
mega burns could help.
why don’t you burn 99% of yours to help the cause?
if 10 billion were burnt each day it would take ~75 years to burn to a level were those prices were feasible. are you willing to burn 99% of your coins?
still no answers 😕
but unlimited cap and 5 billion mined per year
a better comparison is divide .25 by 4000, then you get an equivalent price for this dog which is, 0.0000625, which is where we sit today... shiba inu has the same comparable price as doge coin.
rich...calling others to throw away money so you can get yours .
i will be messaging you in 1 year on [**2022-11-01 13:56:53 utc**]( to remind you of [**this link**]( [**66 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
same here i california remind me
please tell people there about shiba!
never been…...if it goes to .25 i for sure will fly there and walk amongst the naked!
yes bad shit coin
just wait for it... they all act like snobs when you talk against... so imagine what how they will act when it plummets to zero... 😂... it is gonna happen... i have picture proof but nobody cares... do not bother telling the shib army nothing... they gonna remember this moment for a lifetime and never will mess with crypto ever again... there is not enough millions or billions of dollars to support paying everyone even if they did cash out all at once... hense why it is an experiment in spontaneous decentralized blah blah blah blah... 😂 ... just wait till the shit storm arrives... the shit barometer is already measuring the shit pressure in the air... come remind me in a year... 😂... it is gonna hurt so bad that the exchanges like cmc coinbase and all who advertises it are gonna go down... the did all the hype to get thier n.f.t.s out there under other accounts and will rug pull the coin leaving doge the winner cause it is mineable and made in 2013 when shit coins weren't made... just like dogelon mars as well... mark my words and be glad you did not buy no shiba...
not everyone is going to sell at 1 cent only the people who are impatient and cant wait for it to make more remember bitcoins cycle and doge dont you think they went through there big sell offs over time?
actually i might get raped but idgaf i’ll be shib millionare
why would i do that lol 😝
true , if 1 cents would be 4.8t market cap
so if you loose all your money... i wanna see you meat cleave your index finger clean off in a youtube live... cause that is how sure i am none of you are gonna see that money... i guarantee it
in which way ?
vi kommer och hämna på fängelse
hundo mil i was an early believer in shib did homework promoted a positive investment attitude and called out shill posters and pump and dump bullsh*t. i like the coin and it deserves to reach the dollar and i believe it will so long as the community remains all about suporting positive investment attitudes and i am prepared to hodl through all the turbulence, including, the tweets that drive crashes and moons to get there. i saw thousands of pounds vanish and appear these last few weeks and the volatility is only going to get more stressful.
convert 10% when you reach 10mil. convert it to another stablecoin. use that to leverage to get a loan with low interest. invest it without paying taxes.
burning this coin will kill it at this point huge increase followed by massive sell off
it will take doge decades to mine the same number of coins that there are shib tokens. and the burn in shib is incredibly slow right now. almost no effect other than a psychological one .
its how much money shiba is wielding, if you want to compare doges progress with ours, then that is the more practical thing to measure. lots of other things to consider also.
how do you figure ?
i’m out at .001 if it gets there. unless we have major burns which seem impossible shib definitely has threshold. too many damn coins. believe me i want dream too but it’s only a dream not reality.
>everyone seems to forget this they didnt forget... they just dont check or even understand it
yep, shib has 4000 times as many coins in circulation and no burn mechanism that i have found except random burns.
only a quadrillion will ever exist, 50% was given to vitalik buterin the founder of ethereum. he burnt 90% of that in a dead wallet and gave the rest to the india covid relief fund. in addition to the initial massive burn shiba inu has a continuous burn in place. stop spending fud.
what are your predictions and when?
what do you think it realistically reaches then?
what’s your opinion of an ath then?
and anyone who does not understand that shib is opposite of doge when it comes to volume, does not understand crypto. over time, the circulating volume of shib decreases and that of doge increases. so the values of doge will keep decreasing with increasing volume while the opposite will be the case for shib. time is the main factor here. shib will get to 1(with time and token). will take a long time…. yes!!!! but it will happen.
where can i verify your 390 trillion? coinbase says 590 trillion
that's wrong. there are 590 trillion.
devs can’t burn. or increase burn. burn has to come from other ways.
source: trust me bro?
what's the source? don't spread bullshit without backing it up. or is the source "trust me, my uncle works at nintendo".
well if we get ubi and more stimulus checks, this could happen lol
you're misunderstanding what you should be gleaning from market cap. market cap shows you not only what an asset is worth relative to other assets in it is class, but also shows you it is perceived value among the economy as a whole. a 10 trillion market cap would indicate 1's gdp is going to bitcoin. that is absurd to even think that is realistic.
both of you are implying any of this needs to make any sense...
how do you think a massive coin burn is simple? for coins to be burnt someone has to be willing to give them up. are you willing to burn the coins you have? not only that but to match the supply of doge 99.97% of the current shiba supply would need to be burnt. thats not happening anytime soon.
devs cannot just burn shib at will.
like i said, "if".
the thing is if you cash out it hurts shib but if you you use it to buy stuff you won’t hurt doge
don't listen to him. crypto.com is horrible.
and will get more
not at all bro, we have all seen what hype can do for a token, no one should write of shiba
you speak like a true champ shiba shiba here we go!!!!!
> shiba has a circulating supply of 549 trillion coins. dude, 1t coins would make the valuation skyrocket to other level. think about all the nft, dao, and it is deflationary. doge has 0 usage right now.
i dont even want to come here anymore because of this kind of stuff, but i also want to see semi unbiased news about the coin...
anytime. glad i found it too! i put my money in the next meme that is actually got decent value and not another squid... dogelon mars (elon). ;)
will holding raises market cap ? people have to buy, right? we are talking about 500 trillion in circulation. shib in its own doesn’t have any demand. if robinhood list shib price soars .but can it reach trillions. btc market cap is 1 trillion.
10 billion a day for 75+ years might help a bit.
i keep hearing people say we need to burn coins… well why not just burn half of them or something if they aren’t owned
obviously you *can* compare them, but the whole point of the idiom is that it is a false analogy. i could compare you to the helpful bots, but that too would be comparing apples-to-oranges. --- ^^spunkydred ^^and ^^i ^^are ^^both ^^bots. ^^i ^^am ^^trying ^^to ^^get ^^them ^^banned ^^by ^^pointing ^^out ^^their ^^antagonizing ^^behavior ^^and ^^poor ^^bottiquette. ^^my ^^apparent ^^agreement ^^or ^^thisagreement ^^with ^^you ^^is not ^^personal.
i will be here saying... i new it was a scam token... suckers... please remind me in one years time... thank you...
remind me! 1 year.
find a way to what?
just like shib passed doge in market cap one day shib will have a lower amount in circulation than doge too.
hate much. just mad you it is not doge getting all the attention anymore.
so what about the ppl sleeping?? they have super powers to cash out? i do not think so... the devs will be cashing out... even if it was possible... not enough cash in the world to pay everybody... just shows how guillibles get got everyday... there is a sucker born every day... and there is 800k of them... i call them nillionaires!!
google what nillionaires are... you will be one soon... trust me... ☺️
the streets of stockholm will be shocked
det beror på hur snabba vi är.
i like the coin too. this is the way.
if you believe in it so much you should burn some :)
if you’re in the us converting to another crypto still triggers tax as realizing gains. just fyi.
bro put me on game how i do all that
pretty sure the moment you convert it, at least in the us. it’s gains are now realized and you are liable for paying capital gains tax on it. please correct if i am wrong
but it may not take shib that long to burn down to where doge is. we don’t know, it depends on how well the devs do at giving us burn mechanisms. hopefully one that can be turned off if it burns too fast...
well, from an investment perspective, long term investing truthfully is at least a decades worth, so it’s not entirely irrelevant.
can't thiscount a psychological effect when it comes to speculation, but even if you want to completely eliminate that factor, there is only one way the supply of shib can go and that is down. there is a reason the current crypto standard is deflationary and not like the exception that doge is. people are wanting to store value outside of the inflationary fiat currencies of the world. doge might make a better "digital currency" as people will be less likely to hoard it, and will spend it instead, but as a store of value it is weak.
i know we all hope for some crazy thing to happen and this goes to like .10 or 20 but that would take a miracle. i do hope it continues to climb after i hit my mark. not trying to hate just being realistic. when i got in i did no research had no idea of the financials just chasing doge which i missed out on at .0003 didn’t have robinhood and could curse myself for not joining then. long story short have gotten a real education here in this group which also lends itself to future crypto i may buy. this is a great group.
zackly what i said when i bought one billion tokens... gonna be very happy with a mil
shiba is set up for constant burns. eventually it’ll be where we want it.
exactly my thinking. if 500 trillion shib get burned, i'll be the first to buy back in. but until that happens, the second it hits .001 i'm selling.
don't they have an auto burn feature with the shibaswap? everytime a new pair is announced they burn some and are not they planning on burning a % for nft transactions?
there’s multiple burn mechanisms- including nft swap. do more homework.
not fud. facts. which a lot of people seem to agree with. i understand how such large numbers can get confusing. many people don’t understand how many coins that really is. but since you want to go down this path. we will use the socratic method and bring this full circle. please educate me on the amount of shib being burned currently.
not fud. facts. it’d be nice, but you gotta look at what’s in your face.
i don’t make predictions man. it’s crypto. it can do anything within the constraints of basic math. all i do is set goals for myself in the frame of “percent gain”. not “dollar amount in my portfolio”. once i hit my percent gain, i sell and move on throwing it all back into eth. getting 4.6% in voyager for just holding eth there and don’t even have to stake it.
i’m not a guru. i won’t sit here and lie and act like i can guess price. but nothing defies basic math. i can’t guess where it’ll go, but i know where it won’t go. because math.
you’ll be dead before you see . be realistic. this fantasy land stuff has got to go. your point is based on the supply decreasing forever. which would mean the buyers and holders will always have to out pace the sellers. it won’t happen. not in a coin with no actual utility in everyday life. as the price increases, so does sell activity. all of the people who got in really early will have dumped the last of our bags long before 1 cent. wish you the best, but if you plan on holding for 10-20 years like people keep saying in here, you’ll be holding a bag. edit: also there’s a thing called liquidity. if shib hits , no one will be able to sell expect a small few. money doesn’t come out of thin air. when you hit sell, someone has to be hitting buy.
there is currently 590 trillion on the market. however that is not counting dead wallets or lost wallets. that's simply the number of coins thought to be in existence currently. a speculation of current circulating supply if you will. now if shiba creates a system where offline coins have an expiration date and are marked as burned then we will know the real number, however that would also be incredibly hard to do as someone actually owns those. we may even at some point have a big fork that divides the current shiba into silent holders and online active holders. so it is not really predictable as to how things will shake out in the future. supply might get cut in half and create a system of more scarcity.
i'm pretty sure the owner of shib claimed it is 390 trillion and that this is a "circulation error" but he could be lying
please spread the gospel
you’re an awful negative person. go bring your downer mentality somewhere else. stop interacting with me.
i think it is realistic
[ you cannot look at the gdp, as it is only a measure of value \_produced\_ during a year. we have a lot of value stored in what was made in the past.
so how can world's derivative market be 680 trillion?
do the devs hold the supply like xrp or not? if so they can do a burn. if not then that may be more difficult bit i'm not ruling anything out. aside from that i have followed the number one rule, 'do not use money you cannot afford to lose'.
ah yeah, was not trying to rain on your parade, more was just thinking through how to get there because it is quite an intriguing idea.
we talk about market cap because it is one of the most important things to determine a coins value, dumbass
idk how it works with crypto but with stocks market capitalization is just the number of shares held by everyone \* the share price – so it is actually a bit arbitrary since the share price can go up and down. if people perceive a company to be worth more, they will pay more for the stock, which raises the market cap. but it does not necessarily reflect any real value.
go do it then. send us proof and we will all do the same.
remind me, 1 year!
no... ive been doing this for years... i already made money off of dodge... and 5 grand from shiba...i already know which one is gonna pump next... do you know? you probably dont cause your to worried about what ppl say on forums 😂... i have about 7 coins that are gonna blow up real soon... have fun with shiba cause its dead... so is doge... take a looksies at dogelon mars...😉🪙 ill keep the other 6 a secret... or you can pay me and i will tell which ones... guaranteed... good day
sounds like you are salty that you missed the wave
they won’t 😂 because it will never happen
no... well maybe... but the gonna be laughing and saying stooooopppiiidddd
🧐det tror jag inte
yes that is the way... follow the dummies... i have photo proof that it is gonna be zero... and were is the quadrillions gonna come from... and is everyone going to cash out at the same time? cause if you do not the coin will plummet to 0 immediately cutting alot of other shib investors... it is gonna be a shit show... i'ma have fun watching 😂... good luck i hope you have fast fingers to cash out...
mate already i burned 100 mil.
just burned 800,000 shib today. or about 47.40 usd and im still up 5x
and people complain about my "socialist" country that does not tax me for crypto. so far. so the best option is to never convert it? or to bite the bullet? the debt thing i know it works in the us to avoid taxes.
how would you get taxed on a currency that isn’t your nations? if i swap doge for shib let’s say how could i be taxed on that? especially on a dex, when i haven’t converted to usd
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get to multiple 'll have someone hold a symposium.
like a house, car or other investment, your cryptocurrency can serve as collateral for crypto loans, which are loans that can have low interest rates, same-day funding and no credit check. cryptocurrency is the asset offered to a lender in exchange for cash that you’ll pay back in installments. if you fail to repay the loan, the lender will liquidate or cash out the cryptocurrency. a crypto loan may make sense if someone holds a substantial amount of crypto and wants to liquidate it without having to sell and possibly pay taxes on it. those funds could then be used for a purchase or to invest in a business, similar to borrowing with a personal loan. because a loan means you're borrowing money from a lender or bank, they are not considered income. **income is defined as money you earn from a job or an investment. not only are all loans not considered income, but they are typically not taxable.**
i'm not from the us so i did not know that. it's like you said because you're the second person of pointing that out.
that’s the key…. how quickly can shib burn? you hope the burn rate keep i increasing overtime
i tried to burn some and the eth fees are so high 😣
dude... look at the supplies. shib could literally burn 99.9% of their coins and still have multiples more than doge
4 quadrillion coins means this will never hit .01 i have 100 million shib that i bought in april and i’ve obviously made a small amount of money from that investment, but shib was made to be worth a fraction of a cent.
i didnt go over your math, but where is all lthe money going to come from to give shiba 10 times what bitcoin has in usd?
the math is correct. i just don’t see this happening not now at least. likely what will happen is whale shib holders are going to rug pull on the little guy and move back into doge or other cryptos.
so shiba needs a market cap of 4 trillion? lol. not going to happen.
any burns will be negligible unless its in the trillions... to think otherwise is unrealistic
what is the mechanism?
nft = random burns - not steady. what are others that are not random?
as of 11:00 p.m. p.s.t. shib price live data the live shiba inu price today is .000070 usd with a 24-hour trading volume of ,846,239,518 usd. we update our shib to usd price in real-time. shiba inu is down 0.04% in the last 24 hours. the current coinmarketcap ranking is , with a live market cap of ,456,061,176 usd. it has a circulating supply of 549,095,509,738,353 shib coins. it has a total supply of 589,738,956,207,004 shib coins. source cmc coin market cap has admitted there is an error in the total supply reported and they are addressing it it should read 1,000,000,000,000,000,000,000,000. now let’s address the big scary numbers okay? as i stated in the earlier post half were given to vitalik buterin who the burned 90% to a dead wallet and gave the remaining shiba inu to the india covid relief fund. they cashed there’s in and it re-entered the system. the shiba inu team has implemented multiple burn techniques to reduce the remaining supply including the release of nfts and a 3% retail burn being implemented in multiple countries and is being accepted as currency around the world. you can follow the burn process on twitter and can verify any burn on lastly, shiba inu is an ethereum based erc20 token, that means it’s hosted on another blockchain and when they make the initial run that’s it. thus the quadrillion coins. there’s no more mining this coin there will never be any more made. as of today… 14 months after it’s launch, shiba inu has burned almost 50% of it’s coin and is aggressively working on more. so tell me again how shiba inu is going to continue to mine coin and they have unlimited coins and they can’t burn them up… oh and use more big words.
the fud your spreading is that they can and will mine more. the burn rate is, what it is i don’t need to sell you, i don’t even care if you hodl. i just want you to stop spreading fud
i was just asking for your educated guess, not pointing fingers or saying you "have to get it right" lol, just curious
thank you first fact i have seen !
got a long way to go to hit .01 by the end of today! 😂
who watches that shit? seriously. what a fucking train wreck. a 1 cent (.01 usd) price would value (in market cap) shiba inu at one third the entire gross domestic product (gdp) of the united states. if you really believe this is a realistic goal, you’d be better off digging up bernie madoff and buying into whatever creepy shit he’s selling.
lol, so it is going to hit 10 cents by the end of today...
>**shiba inu ceo just revealed that shib will hit .1 in 48 hours - explained step by step** no offense but with a title like that why would i take anything on that video seriously? honestly there are wayyyy better shiba channels to be following, unsubscribe yourself from that one!
so no source then? ok got it just bullshiting. call the cyberpolice if you got a problem.
probably because it is a large fucking bubble that if it burst would break the world economy. edit: also, i do not think it is that high. at least not according to what i just looked up. more in the range of -15 trillion, actual value.
yea dude. i was thinking some kind of makeshift holiday. like shib day, but not so lame. everyone who wants to participate can throw in whatever they want. recommended amount 1 mil.
it’s just the same . people have to buy . that’s. why i said shib doesn’t have any demand. if it lists in robinhood , people will buy at any price for some time
bump bump bump that is all i see by reading that. who cares how much you made. lol acting like 5 raccs is worth bragging about lol shut up.
only if you knew i didnt... just dont believe in the hype no more after cashing out my profits... no way anyone is gonna be a millionaire cause they all plan to cash out at a cent... so yeah cant wait to see the plummet soon... especially when everyone cashes out at once... and if you really think hard... not enough money in the world to make that many millionaires
i’m not necessarily here for the lambos and coke. gme reject here. i mean, i agree with you 💯. but these situations reveal many things, the least of which is profit. it’s a fascinating phenomenon that isn’t unlike how the us economy operates, on “public sentiment.” although i understand how fundamentals ultimately win the day, what if the sentiment shifts? how much more manipulative is shiba than the federal chairperson? how is tesla at its current market cap? why is bitcoin worth so much when it was invented by a ghost? sentiment. i like the coin because of the sentiment. this is my dd amidst a giant lol. edit: the coin is functionally at zero. so i don’t need yours or anyone’s proof. this actually sets a scenario for my proof. that sentiment can generate obscene amounts of wealth, although this has already been proven as well. only difference is the agreed upon medium of exchange. whatever “fun coupons” the community decides. this is a new phenomenon. now we just wait and see….
it's all gonna get burned soon... 800k members gonna bat shit crazy... 😂
debt does not eliminate capital gains taxes in the us dude... i'm pretty sure what you're insisting is incorrect.
say doge is , shib is .50. you bought doge at .50, when you sell it to buy shib the doge is now - the irs considers you realizing that gain in the increase in value between the time you bought doge to the time you used it to buy shib. now you owe usd taxes. does it make sense to handle it that way? no. does the irs care it’s stupid? no. i look forward to the day crypto taxes are actually logical to the way crypto is used. (hopefully…)
see i didn’t even know there were loans for crypto that’s crazy the crypto i put up for a loan would have to be worth a lot or would i just need a lot of the coin?
to be honest, i don’t even know why shiba is being compared to doge. shiva is less than a year old and beat doge in market cap and is already better developed.clearly the market cap on doge is not the market cap on shiba. after the doge explosion this year, i can’t figure out why doge groupies aren’t happy for shiba groupies making their 1000% profit. do doge groupies somehow think that money came from their pockets?
i made a good bit in both, but i’m not married to either.
i understand that and fundememtally you’re most likely right, but couldn’t the implied volatility of the coin increase it’s value ? or is that what’s already happening ? just thinking wishfully here but would it be possible for the coins value to rise, even with the supply being massive ? like most people cannot buy an entire btc or eth; could there eventually be 950 trillion coins that aren’t owned by anybody but that are worth say ? or is that impossible ?
100 usd worth of shib for naming your own shiboshi. unfortunately, there are only 10,000 shiboshis were minted. and every single one were already renamed.
you posted all that and still didn’t answer the question. i’ll ask again. how much shib is currently being burned. it’s a number
not once have i ever said they would mine more.
no worries. i got you. my guess would be .005. then sell off
maybe at some point you’ll learn what burn means.
how does it feel to be the biggest idiot on the internet? shut the fuck up
people make ridiculous titles to get clicks. i’m not subscribed but that’s the video i found quickly out of a few i saw on the november burn. if it’s true it’s true, just heard a few times of a november burn. it’s the internet, don’t believe everything you read and do your own research. everyone is so quick to ask for source and then shit on everything. i’m not an insider and never claimed to be, just a person on line like you
gold's market cap is about 12 trillion
that would be awesome.
okay salty boy 😂
oh look a naysayer only fools predict what they cant see and you are one of those fools.
you’re assuming that fiat will even be around in 5 years
why do not you try burning some ?? 😂
???? who talked about eliminating taxes?
invest in a roth ira. you only pay taxes in the beginning. use your roth ira funds to invest in crypto. when you take out , you do not pay taxes 😉
hmmm i just don’t feel like that’s right. there aren’t even 1099’s sent out on decentralized exchanges. it’s decentralized. now if i bought doge at , that’s taxable. but they can’t tax on a currency that isn’t there. yes things are shown in your native currency but i don’t think that means it taxable. source? not calling you wrong btw
shib has 4 quadrillion coins - that is a 4 with 16 zeros… 4 million billion! dogecoin has 131.4 billion coins with 5 billion new coins entering the supply each year i think that puts the value comparison into perspective. anything is possible 🤷🏼‍♂️
you do realise people have to spend all this money on shiba right? work out as as percentage of the required market cap, how much your holdings in shiba are worth, then work out how many people like you need to buy shiba
great point, right spot on. we should compare future price of shib with future price of btc
or don’t mention the fact that gold is one of the best conductors we have and is most likely inside the phone you’re using……
1,000,000,000,000,000,000,000,000.- 589,738,956,207,004 = shibburn math is hard
a burn of fucking biblical proportions?
i'm guessing you did not click on the video and read the title of it. the title said within 48 hrs it is gonna hit ten cents... the video was posted 3 days ago. so tell me, how does it feel to be the biggest idiot on the internet? shut the fuck up.
hey i gotcha buddy and i'm 100% behind you, its just that i personally would not have quoted a source such as that... when you click bait people you lose all credibility (for me anyway)... but seriously good luck to you, hope you make a killing... btw i'm holding shiba too
ain't no salt this way. projection is what they call what you just tried to do. you're whole comment was baseless and hater like. you sound like a pooh butt two pump chump. we hit off doge over here and will continue to seeing as how doge will be moving up more and more. you are the definition of fud.
says the one who thinks they are gonna be a millionaire... grow up genius...
you literally said "the debt thing i know it works in the us to avoid taxes". that is incorrect... either you sell. debt does not avoid taxes, there is not a work around, its pretty cut and dry.
this guy gets it!!
it’s a pretty hot topic. so if you google it you’ll find plenty more references. my amended returns 2016-2019 were a nightmare. i no longer do crypto to crypto buys because of it, though i’ve heard that some exchanges now will show you the usd for all trades regardless on your forms, i have zero interest in finding out though. edit: also there might not be 1099s sent out from some exchanges… but considering the transactions can be traced through the blockchain, if you ever plan or hope to ‘strike it rich’ with crypto, i’d suggest you handle your blockchain activity and file your taxes as such. the irs tends to ask questions when large numbers start flowing. each their own though.
i’m saying could the numbers be ignored at all and the public perception of the value just raise it ? after all something is only worth what somebody will pay for it right ?
grim is right. under current market conditions, itll be a challenge to get that much mc under our belt. this emphasizes adoptability and burning. you must burn some of your shib so that we can end up reducing the overall supply! more burned = more valued!
also has been and will be used as a fiat backing commodity. gold isnt going anywhere
i talked about private investing market cap not about companies that use gold for different purposes.
although your math is right, you failed again. reading is hard. i said “how many are currently being burned” not “what has been burned so far”. that’s my fault, let’s be more specific because you aren’t getting the point clearly. i’m not asking you because i need to know. i’m asking because you don’t know, but you should. if you did, you’d understand why it’s not significant at all. besides copy and pasting what others write, do some research. that paragraph you posted had zero substance. one more try to see if we can have a break through. how many shib on a daily basis are currently being burned?
when i do yard work i put on headphones type in a topic in youtube and let the videos play. i didn’t search that video, i just listened. and, i heard a couple of videos that said ryoshi is planning a huge burn, true or not, that’s what’s our there i simply said burn in november and then everyone demands a source so they can poop on it. gotta love the internet
you still talking to yourself? u must waste alot of time on bullshit... keyboard gangster...
go look at dogelon mars now... whos laughing now ... 😂 😂 😂... you must be one of them emotional traders 😂
ooo snappy comeback you assume that i want to be a millionaire again making yourself like a fool. not only do you try and predict stuff you know nothing about you also assume on people you don’t know i mean i don’t want to call you an idiot but words speak for themselves.
it seems you did not understand what i meant or you lack knowledge. like a house, car or other investment, your cryptocurrency can serve as collateral for crypto loans, which are loans that can have low interest rates, same-day funding and no credit check. cryptocurrency is the asset offered to a lender in exchange for cash that you’ll pay back in installments. if you fail to repay the loan, the lender will liquidate or cash out the cryptocurrency. a crypto loan may make sense if someone holds a substantial amount of crypto and wants to liquidate it without having to sell and possibly pay taxes on it. those funds could then be used for a purchase or to invest in a business, similar to borrowing with a personal loan. because a loan means you're borrowing money from a lender or bank, they are not considered income. **income is defined as money you earn from a job or an investment. not only are all loans not considered income, but they are typically not taxable.**
sure, buy more. it’s like every single person on the planet (7 billion people) buying 50 million coins each and this would be worth a fortune.
inflation, tyranny it’s cheap not a scam coin 🪙 ittll raise so much people out of poverty its gonna change the word an the shib army is gonna do it, you just gotta be ready, if you ain’t helping you don’t belong here
bitcoin is an investment with slight risk, shiba is gamble with huge potential did you work out how many people you need? edit, im probablly not the best one to be teaching about market cap, i never really researched it and may not understand it 100%
that what google trend shows, more people are googling about shib than btc
you didn’t hear? shib will be the global currency of the world.
“what can you do with gold” “only show off with it”
no you failed i gave you the number and the source multiple times. i asked that you stop the fud over mining coins and you deflected about the burn. i gave you the answer and you deflect. i don’t care if you own don’t care if you get it. you don’t seem to want to try i’ve given you the site with the running total “it changes constantly einstein” over and over again the site is shibburn you verify at etherscan.io i gave you a ballpark sum because you can’t seem to grasp subtraction. i’m finished with this thiscussion because you can’t fix stupid. read the white paper on the project and shut the fuck up you don’t what your talking about and haven’t provided shit for proof but your opinion.
you're a fool bro. been on that. been made money. still going to with shiba and doge loser.
yeah so does the shiba army?? right ?? thats all they say... when im a millionaire blah blah... they live on false pretenses of becoming one... and yeah im pretty sure you think the same way from your first reply to my comment... so its not predictions nor comebacks... its facts... they made ppl think the coin went up cause of shiba swap,nfts, and burns when in reality it all went up cause of word of mouth on social media... so the only one being salty is you... salty cause you thought you were gonna be a millionaire... instead you will be the victim of zero profits or the perfect scam... only idiot is you and shiba army... i feel sorry for who has to deal with you or live you since you think ppl try to predict stuff... lol... its called common sense which the shiba investors will learn real quick cause you dont do your own research... p.s... another reason why it made the gains it did cause the developers take out what they invested in the beginning cause it doubled since you got the shib dummies investing which sky rockets the price and then they take their earnings and spread it in diff wallets to then act like a shib investor driving the price higher! so when they dump their wallet... be prepared... but have fun with blaming ppl to try and predict 😂... its just facts... they know 900k plus idiots are not gonna do their research cause they to hard up for money... and being fed a false dream of being a millionaire... makes me want to team up with good computer skilled ppl and pay them to do a rug pull... only thing is i would wait and wait till i had million dummies invested or how you like to say idiots invested and a drain their pockets of everything and take off... try to find me like waldo after words... only millionaires will be the devs... and even if your not in it to be a millionaire... you still fed into the lie... so that makes you a sucker and you will learn... thats that... there is a full article on reddit on how to make a scam coin... and hits right in the shiba,doge,dogelon mars way... and that is whats gonna cause the sec to regulate crypto...thanks to the shit coin... also dont even think for minute its getting on robinhood 😂 or anywhere else cause they know what time it is. even kraken knows but they opened up there mouth and then realized. they just not stupid like the rest of the exchanges that want to make a name for themselves and be the best selection... its gonna hurt the investors and exchanges that went ahead and added their name to thier app titles... but yeah dont listen to me... i dont know nothing... but ima be there when i read the headlines"" most trusted talked about coin pulls scam"" 😂... i cant wait...
typed all that to say what you said in the first sentence... if you had elaborated on this from the beginning and not just said debt to avoid taxes, it would've been a lot clearer what you were saying.
how many people said the same thing about its a gamble about bitcoin in 2010or 2011? but guess what ethereum tokens are simply more worth than bitcoins because of the features that it provides. i would not work out your questions because it is unrelevant but let me tell you that it is obviously that it will take big investors to come in. and if i would be a billionaire. i would spent 750m.
let me change that really quick
lol that’s the response i figured i’d get. you seem to keep going in circles. all i asked was “how many shib are currently being burned”. you could have simply responded with “it changes, but roughly ‘x’ amount of shib a day”. instead you went on a pointless tangent. good luck kid.
anyone else having issues with coinbase?
imagine selling for ,000,000 (btc folks in 2017) hodl is always the way
shouldn’t we have our own logo? like a shiba inu sleeping on a diamond dog bed or something?
just join the shib family! bought 4 mil + tonight! lfg
ape strong! keep stacking! 🦍🥈
so what is a diamond hand??
i just joined the cult 💎💎
glad to see some wsb family coming aboard. this is not for the weak of heart!!!!!
please don’t bring that bullshit here
shiba had a classic pump and dump nothing more nothing less
joined the revolution this morning
just bought 34m coins
diamond finger joints, tendons and prints
haha diamond hands till fucking venus , only trippled my investment and its not much , i could defo use it right now as my car got totalled but im hogling till im rich
works fine for me.
yesterday was bad, today is good.
just bought 4 million myself
someone who does not panic sell and holds through the dips
the app has been having "connection issues" all day.
coinbase has „connection issues“ everytime there is a dip or a specific fast price change don‘t know why everyone is crying about robinhood if they effectively do the same just „smarter“.
i was getting ready to sleep and now i can’t sleep, too excited!!
i was going to sleep but a bowl is calling
thank you so so much shibarmy, i have not been feeling this hopeful since i do not even know anymore...just 80m hodl'n but the dream is real. hold the line.
i think i’m gonna sacrifice a cow or two to the crypto gods. if this thing even hits 0.001 i’ll be able to retire young like the rest of you crypto bullionaires
this is the truth!!
jokes on you its 3pm here but i cant work!
some of us gotta keep an eye on the controls and keep us on course and up to date while this puppy flies to the moon
dude you are correct cannot sleep!!
i have to work tomorrow and i cant sleep!
nah man we are passing the moon 🚀🚀🚀
10.8 million fucking shares bitches!!!!
only three weeks in shib and i'm an absolute menace screen addict because of it. and i'm damn proud to be.
lol, read me like book.
to the moon fool!!! let's go!!
posture check boys, we going to the moon🚀
💜 i know we don’t need robinhood — robinhood needs us! but this surely can’t hurt us! please sign & share! 💜 robinhood petition:
i can’t sleep ! 🚀🚀🚀
feeling sleepy at work it a sign that shib will make me retired one day 🙇‍♂️🙇‍♂️
i'm currently watching the price fall wondering what bright sparks put in sell orders at 0.000060c.they're going to regret it.
best strategy is to just forget it exists and check back in 6 months - 1 year
how much higher can it go tonight i cannot sleep now lol. my pen and the new guardians game are helping but the price is going to the moon people!!!!
and cranking one out to gain porn!
how did you know. are you in my closet?
this is worse than crack.
before we lost the last zero didn’t that zero go quick after bustin 5? 🚀🚀
my worst time here, in australia, is 8am til 3pm i watch like a crack addict awaiting a drop of rock! jumped on at 2:30pm was at , jumped on at 2:35pm and was at . this shits gunna kill me!! bring it on!!! haha
must go to sleep… with one eye open… *checks crypto.com every 5 mins*
doge killer is active
tornado warning and shib highs.
come on one cent shib.
i got nothing to lose! what's the worse that can happen? i'm poor again? i've got nothing to lose and that is why i'm holding!
i don’t know which whales are pumping right now but all i can say is i want this to go down realistically and then hit the moon!
i'm checking this shit out at breakfast, lunch and dinner 😂
lol that is me
i think you missed something… we’re not going to the moon… we’re going to mars!!
yes we are mooning soon. from your lips to god's ears
i'm changing my user name to shib inu-believer
santa claus would not come if you do not go to sleep! i like waking up to presents!
lmao we all here staring at our screen! lehgo!! 🚀
who let shiba out! too the moon, $.01
petition robinhood, sign this:
to the fuckin moon!! woooo!!!
it’s going berserk again
i only have 1 million shares, but if it i can make any substantial money it would literally be life changing
it's not a matter of if we are buying a lambo. it's how many lambos are we going to buy. 🚀
taking donations of shiba via trust wallet if you’d like to spread some love lol
shibs keeping me awake🚀🌙💯
i put another 100 bucks in. pretty sure i'm responsible for this jump
wtf i just looked at the value of my position 😮😮😂🤩🤩 what the f is going on?? flipping doge soon
literally manually refreshing screen because the live updates in my wallet aren’t quick enough. it doesn’t stop!!!! lfg!
you i buy it at 0,000064 rn?
is it too late now to start investing? or jus wait for a dip?
to the moon 🚀🚀🚀🚀🚀
reporting for duty, sir!
staring at coinbase being crashed because of shib nation
i just put another 180€. convert all from xrp, tonight will hard to sleep lol. please whale dont sell it as this pennyyyy price. my gosh
only got to invest ,000 coins a few days ago now im at
literally me at work watching shiba make me more money than my job
i dont see any posts about shib anymore...what is going on with everybody?
can wait for you bums to all get burnt. “omg it’s going to ” idiots
i am tripping out ripping a pen - can’t sleep!!!!!
hodl yes , i just can’t seem to put my phone down 😝
ahh yes a man of culture
80m isn’t that like £3000?
i hardly believe you’ve put roughly £3500 into this.
the best is when you take a break from shiba and then check your phone later and it’s up and you get pumped
neither. and surely that is the point.
that’s what i was thinking 😅
new guardians game any good?
like bodybuilder porn? gainz porn?
woah woah woah… is that the line?
"convince robinhood they will prosper". wow.
not to late yet, just keep watching the 0's drop. the sooner the better tbh
haa!! also same here! wooooooooooooo!!!
lol same! i feel like i’m on crack right now
i have 33m. i invested with 1,000
oh i started in july and just built as i could afford to buy up
or it’s down and you buy and get pumped
honestly it is a blast and i highly recommend. nothing like avengers and it has so much more character. drax still has his funny lines just like you'd expect and the soundtrack is stellar. love the combat and it feels solid and snappy in performance mode! i love dmc and it has a similar feel, but the addition of controlling your team with commands (just think more complex chain able spells) it feels fresh and it is own.
bro look at my gains! do i need a license to carry these guns!? gadooosh! 💪🏼 💪🏼 💪🏼
oh fair enough, i jumped the gun with my assumptions lol. my mistake dude
no worries, wish i had that much spare to throw at it back then for sure though 🤣
just bought my first mill
just passed 1 million .0001 here we come!!
just added more, currently at 123m enough to be millionaire post tax at a penny 😎
hodl to the moon🔥🔥🔥🔥🔥💉🚀🚀🚀🚀🚀🚀
just over 12 mil
if shib goes to .04 cents i’ll be a millionaire😍 i can only pray 🙏🏼
just hit 15 mil
7 million plan on buying more!
damn feels like i’m the only that’s not a millionaire 750k but imma hodl
19.5 mil about to put another .00 worth in!
5 mil no plans to sell
sure we will tell you how much we have then a stranger will suddenly dm offering to keep our token safe by clicking his link to verify our wallet right?
just bought another 5mil and broke the 100mil mark. if we hit a penny, i’ll be a millionaire...before taxes!!!😂
have 8mil buying another 32 mil shortly
this is the way…. hodl!!!
7.7 mil hoping to have 10 by the end of the month
20 million average .000008
i’ve got 20 million and counting 🤞🏼
a modest 3 million
35 million and growing. holding.
30 mil and countin
53 million and still holding ...porsche twin 911 baby!! 🚀
4 billion...i am not selling ...lets get this to a penny
i’m new to this have a very small hold on 4.9 mil but have to wonder how many of you will be bailing out when it hits .01? how many will jump ship then ? bit has what been around how many years? eth? is shiba inu going to be around in 3-5-10 yeas or is this all about hyping and pumping to get to .01 then everyone bails looking for the next scheme ? i’m 62. i lost my retirement account when the dot com burst. tried again and lost most of everything i had left in the real estate collapse. i now have crap left of a 401k and after years of playing by the rules i’m running out of time to secure anything for retirement. i’m doing my best to buy more shiba but i only get one paycheck a month. just curious how many of you will be bailing when i’m going to do everything short of selling plasma to earn more shiba while i can. any real help or advice? email me riftwalker.net. 10. got more today. currently holding 5.8 million still holding tight to see the magic happen
44 mil and adding more tomorrow when cash clears 🚀🚀🚀🚀🚀
nice try uncle sam
i absolutely love this community
buy the shit outta this shit an let’s take a shit on gold toilets 😅😌🙏
27mil! have a spare 5k laying around... dont know if i should buy more shib or diversify!?
currently holding 23,050,000, bought 19 million back in june
pretty much solid regardless of musk quote was a good sign
only 5m currently but definitely adding more
just 2 mill here, broke as heck lol
i'm just getting started, got 500k to start. just set it up to do a little each week
500mil and some change.
my 10 mill is useless reading some of you guys amounts. guess i won’t be rich rich haha
to the moon !!!! weeeeee !!!!
lets do it. 1 cent soon 🚀
8million & counting 🙌🏽🚀
almost 72 million. goal is to at least get to 200!
7.7mill which is nothing compared to a lot but i’m gonna get there
3 mil but about to up it to at least 10
80 million here! new to this page. bought back in april and holding until we get to .01
holding 75million, burned 20 million
370 mil holding hard
268m and trying to transfer more money from robinhood to coinbase to buy more. so much fees just to move my savings. 😔
144,000,000 to da moon!
1.7 billion and holding firm!! blessings
3.5 mil. wish i had more but hey…to the moon!!
xxx million hell yeah!!
2 million but throwing way more at it next payday 🚀
25 million... probably getting 25 million more friday and hold at that number for a while
400 mil. let’s goooo
holding a messily 7.8 million it’s not much but i’m doing my part!!
at least 1 coin. baller, ikr?
180 mil woohoo let’s get her goin
24 mil and adding
100,500,000. finally reached hundred million club after weeks of buying. ready to 🚀🚀🚀
920,000,000 yesterday elon musk dip time frame
i only have have 19 million but holding till .40 cents.
almost 30 mil so far!
i’m holding 250,000,000 buying each week
i have five. five good? when will it hit ,000.00?
900 million. want more but it’s hard to buy when you think back how many !
about 40 million here! got in fairly early for around !! hodl, ladies and gents!!!
36 million. i’ll add more if i can get it out of trust wallet.
just passed 10 mil going to add more in the coming days
1.2 billion. buying more daily
12 million only :/
36 million but wish i had more
i say let’s eat two holding even in the red
7 mil kinda sad, i had 6.9mil before i bought more.
i’m taking profits and buying gold
chillin with 10 mil
200million and 2 leash💎👐💎🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
little over 1 billion
493 mill and hodling...
little over 30 million.
holding 400 million and will keep buying
1.25 million. holding till a tenth of a cent.
just 60 million for me... bought in in may and have not looked back
i just bought 3 mil.
25 million currently heading to 100 million minimum
only 8.6 mil atm 🥲. not sure when to invest more
2 thousand and holding!
26 milly. haven't bought more since may. also holding gme so my tickets for the moon have been in place almost a year now😁😁
had a thought. doesn’t it actually make sense to start a massively adoptable coin with a shit ton of them? seems that shib could feasibly adopted at scale considering there are so many coins and so many people. enough to even stake i would assume 🤷🏻‍♂️. forgive me, i am nothing but an ape who likes to stare at the moon…
shiba inu 2 the moon 🌙
relatively new but am up to 6.7mill and buying more as i go
123 mil. if it drops below 40 i'm putting more in.
facts about crypto is very unpredictable. anything can happen just like bitcoin when it was pennies in 2019. no one expected it will reach . currently, people are predicting btc will be , . shiba inu, may have trillions (continued burns) number of tokens available, it is also gaining new investors world wide. this is just my predictions: shib will be in trillion dollars market cap as well, just like btc. with worldwide investors, support, new shibs hoarders,, trillions of tokens will be eaten up sooner than expected.
1.9 million shib. not rich, yet :)
1.9 million. waiting for another dip then i’ll buy . buy that shib. burn that shib. hold that shib.
6.2 mil! converted all my other crypto to shib
27.5 mil. hodl til we hit the fuckin mooooooon
3.6 billion and holding
don’t say how much if you want to be targeted by scammers.
22 million! just bought 3 more mil today! sold some of my btt to buy shib!
no where near enough lol…. any kind sir’s wanna donate 🤣🤣🤣🤣
300 million!! slowly adding!
10 mill right now
9m and not selling til it is worth at least 9m usd.
0, cashed out. buying back in when it tanks.
work my way up slowly, got over 400k. i plan on having a million by friday. i would love to see shiba meet doge. i'm sure if it even hits .01 there will be plenty of shiba millionaires
70 mil and buying all dips...
10.725 mill and i wish more
80 mil but may add more
24mil, hopefully can afford to add more soon
only about 275k but planning on adding some more
just over 95 mil
7 mil and holding $$
1.85 billion and not selling!!! lfg!!! hey, need some karma for a post cuz i’m pretty new and i’m old so my comments suck. hook a holder up plse and thx!
my tiny 1.65 mil is sorta sad compared to y’all
just got in today. 1 million
17.5 million. thinking about buying more...
humble 4.5 mil but holding strong until i see less 0’s
go shibe, go !
12m and earning interest on it every week :)
125,000,000 here. hodling like a boss. intestinal fortitude is the way!
just remember that it’s going to take a lot longer to get to 0.01 just remember to be patient. really patient lol it might take a year more. maybe two. 💎💎💎🙌🏽🙌🏽🙌🏽
bought in may…713 million…i was tired of a 9-5 job. i want to be free and find a partner
unfortunately only 43 million right now, but i keep adding with every paycheck.
please help if it is just few shiba inu please god will bless you
little over 2.5 mil, i want to dump more but bills haha
10m bought for , which i would’ve put in
bought my first 2 mil, thinking abt dumping a few more
currently holding 50.44m and thinking about adding more
just. ought another 2 mil sitting at 12mil total.
25mil made my 1st thousand
67063190.00 put in everything i have
shiba o … shiba o 🎼 🎶
swapped all doge into shiba
1.3b. almost tax free in the netherlands🙈
i sold my cardano a month ago and bought 200mil shiba and planning to hodl the crap out of it
when is shib suppose to go to robinhood?
just brought £1000 be really nice if reddit could take eat another 0. please and thank you 🙌🏽
93mil and wait till it hits 1cent baby 👌👌👌
i’m holding around 100 mil
why the f*ck would i do that?
why are people so focused on a penny. let’s focus on
i only hodl 6m im broke af 🤣💎🙌
it's official. shiba will be listed on robinhood on november 1, 2021. it's on a official source.
only 11 million, but putting
105m and holding ...may try to go for another 100m but it only cost me just under 900 for the first 100m...itf cost way more than that now.
i bought 3mil at .000011 i cant wait to see it lose 0 or 00...
37 million. holding till it hits 1 cent
13,550,000. going to try to get more during the next dip. hoping to move my family to a safer place if this all works out 🤞🤞🤞
0.01 would be mathematically impossible. would have a market cap of more than double all other crypto combined. unless about 99% of the tokens are burned. maybe then it has a chance.
22 mil still buying and holding.
3.5m hope to add more soon. maybe next dip
4mil let’s go brandon!
33mil currently, going to buy 67mil in a few days to join the 100 milli club 😎👍
25 mill!! had 40 mill but sold it once i got up then bought back in once it dropped
just 1mil so far but converting all of my mined monero so… we can only hope i guess. don’t let me down!
35 mil, just wish i had more 😁
10 mili & idk what to do should i buy more?
only 10 million 🙌 but still exited
man, most of you guys make me feel inadequate. i only have just over 800,00. partially because none of the banks i'm with let me use visa. partially i'm too much of a poor boy to be able to justify putting it on a real credit card.
bought 900mil 6months ago not going near it for at least another12months ... if it means retiring 35 years earlier than waiting another 12 months is fine with me
12 million. bought my first 2 mill ages ago and re-upped about a month ago once it seemed like they were doing sensible things
75million loving this shib
i was going to buy more but my bank had stop crypto currency as of a few days ago wankers time to change banks
looking at some of these numbers, i’m a rookie at 19,500,000 hahaha
,496 holders and keep increasing 💎✊🏼
4.225mil. adding more in the next couple of days!
i’m currently holding 7.2mil
my poor ass can only afford 2,6 mil for now, but i’m super excited!
1.5 mill...holding to the moon
how much i’m holding? all of it and never sold once!
just bought , let us hope all of you are right 🤣
🔥🔥🔥 yes 🔥🔥🔥 20.000.000
12m and from this 8,6m where staking
somebody here, who buyed in january?
on a humble 5.9 mil. tempted to boost that to a nice round 6 mil but unsure if i should wait for a dip or not
~9 million, i’ll end up grabbing more once the hype goes down between 2-3 to just ride the waves back up again and repeat the process.
30m to the moon 📈🚀🚀🚀
100 million. i wish i got 1 billion
5m, should i buy more now?
10m and counting. gonna hodl till the end!!
only two million but gonna buy some more ! :d
just over 8 mil
32 million and still adding
13.5 mil. i’m quitting smoking and using that money for shib
i cannot buy shiba not old enough but i can get a wallet its my 16th birthday
only a mil, but it’s one of those where i’m only buying what i can afford. i’ll sit tight with this mil
2.6 million and adding more.
7 mil, just hodl
45 million. been plugging away where i can
1.3 billion, i'm at 43k in a space of 3 weeks
50 million and adding more every week
just over 5 million
could only afford 25 back in the summer. gonna hold for a long time!
19 million. is that the way?
if it gets to ****, i'll buy everyone a pint!
305mil… sold a little bit to open cro debit card
just bought 35,000,000. more to come. love saying that. only thing i could buy 35m of!!!
jesus everyone with millions or billions and i only have half a million lol but hey it’s something
24000000 will prob by more before that other zero is knocked off
not gonna sell until we’re all millionaires
9.5 million at 470
75m and hodling it for at least 5 years.
1 billion and bought when it was lowest after crash
42 mil. not selling until 0.02
we definitely eating one of them let’s go buy more
100 million and buying more
let’s drop another zero lfg!!
no point in buying more right now at the peak...unless i'm wrong then please buy more
like 1.87 million it’s enough for me
just under 3 million of the little blighters
11! (11 factorial) or ~38 million
i have 11 mil
just bought 10 millions 😁
i have 2.5 million :) do not want to be a millionaire off it just want to be able to pay off my mortgage an such good 200k from it would do
just added another 15m
142 million hoping to increase that to 200 mill over time \^_^
150mil to the moon
350mil and still burying, staking and earning .ore each week
30 million! adding more!
5mill and i have no idea what i’m doing lol. i did set up a weekly reoccurring .
1.9 million since may
4 mil buying next paycheck
only got 26m, wish i had bought much more lol
hodling 55 million 🚀🚀🚀🚀🚀
mine all got hacked today. i'm just about ready to end it all at this point the one time something finally starts to look up for me and life just fucks me again
when i got into shib less than . i had the opportunity to hold close to a trillion 🤦🏿‍♂️ i just can’t stop thinking about that sh!t
352,490,363 and i’m staking
how much will make me a millionaire?
is the robinhood listing looking good?
98 million…. please hold!! and lets eat the zeros!!!!
123.5 milly letttssss goooo!
10 mill at .000018 take us to the moon shiba friends!
i feel bad with my 20m...😥
1 million... planning to add another 5 million
holding 45.5 million here
i'm currently holding only 6.4mil 😔 i tried to time a peak and dip to get more but i f**ked up and lost 3.1 mil in the process. i seem to be bad at timing peak points and dip points. so now i'm saying f it and just buy buy buy. i cannot really afford much cause i'm about to get laid off for the winter but i figure i can set up a . i'm optimistic that this will work out to my favor in the end... especially with the way its been going lately. my biggest problem is that i'm on the app every 15 minutes checking prices and i wanna get more so i try to sell and buy the dip. when i get back to work next year i'm buying 'm at billionaire status... well that strategy has not worked but once so far so time to switch it up... buy and hodl! 🚀🚀🚀 i'm about to go deposit some money in the bank and buy more right now. sorry if i let anyone down by selling but i'm a risk taker. i've only put 've made like . see you on the moon!🌛
i’m total fomo. maybe it’s about to get hot in here. 4m.
129 mil and adding 😁
88 mil. looking at 100 club...
500k so far, baby steps currently.
i'm only holding about 2 million but i'm excited, this is my first dive into crypto.
about 70 million. no idea where this is gonna go but i hope i get life changing money soon
i feel like a chump, with only 3.46 mill... wish i had the funds to catch up haha
just got to 1.25mil will add more tomorrow
hypothetically if there was a major burn 2 0’s could happen ?
3m and gonna add more!!!
50 million shiba here!🚀🚀🚀🚀🚀
140 million and buying more later
6.5 million. i have some work to do…
about 100 million...adding more soon
3 million, i’m poor (?)
as soon as i figure this f2a authentication out on crypto.com app. i thought keeping crypto.com app was worth the staking but it has its ways
5 million total 😞😞😞
368 mil holding tight
600+ mil hodling as far as the rocket will fly.
i cannot believe the dedication this community has. the incline over the last 2 days has been insane. hodl on folks we’re just getting fuckin started!!!!
500k coin, should be enough for house down payment when it get to 1!
15 mill. humble beginnings but gotta start somewhere
we can do this! hodl to a penny!
263m going all in...😎
25.7 mil and hodling!
holding a steady 281 million and some
i have just a lil over 27 mil 😃
1 billi… adding more
125 mill baby let’s goooo!!!!
you guys think that we should keep buying?
just switched all my wallet bar some stragglers to shiba. good time or not?
she is still pushing up wooooooo
100mil for us. keep goin!!
i'm 3,000,000 in 🚀🚀🚀
3.5 mill buying a load on friday!
can it realistically hit .0005?
another 100k for me. too the moooooon! 🚀🌜 buy and hold brothers!
6663617 shib, not much but its honest hodlings
2,951,403 shib here! put in
just bought 21mill will hold till it drop all the zeros 🚀🚀🚀
60 mil and rising. let's get this 💰 🤑 💸
148,000,000 shiba!!! holding for ever
was buying , sometimes . have over 2k in value now. 52,000,000. nothing special but im happy.
i e been holding a mil for a few woofs gnaw!
100 mil wish i would have bought more 😬 fuck it let’s buy more !!!!!!
us future millionaires need to charter a private jet.
let’s tell all the hackers how much we have
holding 200 mill since 700 holding till .01c lets gooooo🚀🚀🚀⚡️
used to have around 17m when i started. sold and re-bought a few times to take profits but i'm finally just in for the long haul. i hold just over 14m and plan to add a little on a weekly basis.
i was super super surprised it went up.
i was currently hold ! it’s 185!!!
40 million and counting
40m and doubling down tonight!
15.8m and holding to to moon baby!!!
think about the possibilities when the shiba blockchain hits.
ruff ruff 100 billion boys and girls... holding to .001 no budging here til then...
16 mil waitin on another 1 mil order to fill! hodl
if we jeep going at the rate we going, we could lose a 0 by this weekend.
39 million and i by the dios
6 mil going for 7
2 months ago i bought 1,090,248,000 shib for 7k now its 53k...😀
only got 150m, should have bought more
i got over 8 mil currently
just added another 12.3 mil puts me just over 350mil total.
24 million shiba right now
50 million bought for 200 bucks about 6 weeks ago. currently worth a little over 3 grand
205mil only cost me £1500 months ago, £10,000 currently
5 million shares 👌
just spent my first 100$
only 20mils but just bought few days ago
sit in 7 mill
6.5m wish i threw .
i’m now up to 5 million
i have 10.8mil! just waiting! will probably buy more soon!
this massive rise were riding now is because of all of you. thank you and keep in hodling. we are flying to the moon
1 mil... started with 27.00 lol. starting a reoccurring deposit of 50 week. to the moon...oh and waving at doge as we passed. 😁😁
time to buy!!!! this run will continue, time to take another stack!!
6mil. let’s get it to 1 cent!
i got in when 7mill shib was 44.34
just bought 66,827,222.17392408 coins will it hit one cent?
38,128,400 … more on payday
17.7 milion bought in at .000028
i'll probably buy a 100 billion and if i lose it all fuck it
where best to buy?
bought 19m back when it was .00002. bought another 2m when it was .000034 let's gooooooooo 🚀🚀🚀
25 mill holding with right under 700 on it. sitting over 2k right now and ant selling till we hit lambo prices
also bought some 👌🏻
is it too late to get in? how can i tell when it’s coming down? new to all this. currently on webull, should i be using anything else?
6 million and counting let us clean out those student loans!
128mil bought at 0,0000012
18 mil since .000027 and hodling until my jacked tits fall off
just over 32m rn.
28 million and a pocket full of dreams
4.5 mill babyyyy let’s hit the moon! 🌝
20 million. holding to .1
had 48 million and burned 6 million
2.13 m and counting...
is everyone using coinbase?
congratulations. that’s the right move
mill at a time no biggie! i’m sitting just short of 7 mill don’t miss the dips
so you put 25 down every week? like a savings plan option, i like it!
thats a coinbase guy
smart i do the same, but at 50
i just set mine up for fridays 🚀🌙🚀🌙💪🏾💪🏾💪🏾💪🏾
you won’t burn it
awesome. love to hear it. keep up the solid work. we will eat another 0 in no time
i only got 6m pls hodl for me til lifechanging 💎🙌🤣🙏
i wish got in too late
9 mil + 6 mil on my wife’s account (aka my other account)
goddamn wish i could have got in when 2 billion was dirt cheap, i can only throw about £100 max at a time on it, where do coins like shib first get listed?
that’s still not enough.
just added more … i have 100 million now!!!
what color lambo you bought in future ?
heroin needle tried to sneak its way in on the rocket
yesss if they burn more.
your support is appreciated no matter how much you hold. 💎 🙌🏻
keep it up, you’ll be a big part of the reason why that next 0 thisappears
i'm doing the same!! let's get this coin to the moon
and even then all this kids keep telling exactly how much they have and even how much are they going to invest... for real this sub has been full of scammers lately, and then people cry when they get scammed...
we i’ll be rich with 2 zeros knocked out
the sweet spot, got my first 5 mil down there.
i’ve been packed ready to lunch
filet mignon lobster tail whatever the hell you want
same mate let’s get it
this not shit bro
if you’re willing to put it to crypto, we in the shiba community would love if you bought more. diversifying is cool tho 🚀🐳
when shiba bounce 0.01 you need invite me you manson 😀
robinhood is the devil. my wife closed her account and transferred everything out this weekend. we had transferred all our crypto months ago but still have a few goods performing stocks. after rh dragging their feet listing shiba we decided enough was enough. (not the only reason but def the biggest).
3. 5 mil. wish i hadst moo but hey…to the moon!! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
hopefully you can get some more
i'm also a little more than a billion, cost me ,000 at the time so i'm already happy, however i'm hanging in for at least 0.001
what would be your advice to someone very new to the crypto world?
im liking your opinion. 🚀🚀🚀
what would be your advice to someone very new in the crypto world?
got myself to about 720k now during the dip today. probably gonna add more when i have the ability.
you’re doing the right thing
hath bought mine own first 2 mil, bethinking abt dumping a few moo *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
don't ever use a credit card man do not fall down that rabbit hole , you will just end up with debt, make a small profit than use that to buy something then double down and repeat pull some out put aside then use the rest to start again
mine own po'r rampallian can only afford 2,6 mil f'r anon, but i’m super excited! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
not up on robin hood yet
there ya go! congrats on getting in
100 billion??? i'm over here taking bite after bite towards a billion and thought i was doing alright; if true congrats and continue hodling 🐋
18 mill. i will join you in the 1 cent gang!
it’s down now. any investment now will be profit.
how much is one mill
im at almost 4
yep exactly like a savings plan!
yeppers waiting for the hood to give us shiba so i can stop with the fees.
you will be catching up soon. i started with a cool . then just adding ever since a few drops since then as well converted doge and cosmos into shiba.
at 81 million i think too btw
i might be upping my contribution tomorrow. with cb you don’t get to select the date, you have to do it on that date for it to continue wad day. kind of annoying. but oh well.
fr i got 7m hopping it’ll turn into at least a few racks
7mil and would be life changing for me if got to 70k. or even at 7k at this stage in my life!!!!
never it’s too late bro
no you didnt!!! buy now!!! you get in too late when its a .01
i mean compared to doge this has much more potential considering it’s so cheap
never too late...only 1percent of the world is invested in crypto its never too late...start now or you will kick yourself down the road.
no doubt! life changing money is coming
staked for 3 months the 2nd time now
weekly recurring buys to dollar cost average. buy them dips and do not panic sell
i hate stupid shit like this. if this were true, why didn’t you post the link. annoying ass beginners. ily tho.
yeah man. if my past behavior is any indication of my intelligence and granted i have been formally diagnosed with asperger's by a psychiatrist that is specialized in autism, i'm not far off from being a full pledge member of the wall street bets crew and even then i have the capacity to know i might as well flush my paycheck down the toilet if i bought crypto on my cc. i'd probably get value out of it if i use it as toilet paper.
like 50 bucks meow
chooo finally! my messages are flagged on the other thread i’m so mad
dabbin this 710 buying shib all night
around 81 mil right now
bought a large amount before the price went up so i got a lot of my shibu for cheap
i don’t know…that would put its market cap higher than bitcoin’s current market cap, which isn’t going to happen. caveat being holding the number of coins in circulation constant, but i don’t see any way enough coins can be burned by eoy to make that happen, either. tbh, i’m not sure how much higher this can climb. we are over a third of dogecoin’s market cap now. i could still see a 10x type move happening with this on the high end before the big bear market crash, but i can’t conceive how we get more than that. of course, i’ll be hoping for it to happen.
i can fuck with that
lol i agree. i don’t want fake news dictating shibs rise. i want the real deal news!
it happens and i’m doing something similar 🤪
sounds about right since it auto buys i just see the number go up…it’s better this way. otherwise i would have to cry myself to sleep if i really looked at how much i’m wasting.
that’s awesome!!! when one of those zeros go away that’s going to turn into a 30k profit
our market cap is 16 billion which is almost half of doge, not to mention our market cap was 4 billion a month ago. there’s plenty of room to grow, the mass fomo market doesn’t even have shiba on the radar yet.
well that really depends on how many coins are burnt, no? the more coins that get burnt, the higher the price per coin can reach without reaching silly-bugger-level.
shore if you by and hold until 0.01 you will by house soon
please don’t do that
is 100 mil a lot or not really? i can only invest small limits at a time
there’s plenty of room to grow, yes, i just can’t imagine anything like a 100x from here barring some sort of unfathomable coin burn. there’s only so many zeroes we can knock off. shib isn’t getting anywhere close to 1 cent, much less a dollar.
yeah, i just don’t think burning 95% of all available coins is feasible anytime soon.
yes, i agree, unless we get a serious burn. hence why it’s important to have billions of shiba.
please don’t buy liabilities. first buy assets that will generate income so you can buy whatever liabilities you want. first, we want a stable financial situation and then buy lambos and teslas and ferraris and everything nice.
no. all your lambo are mine.
imma get honda civic r. frugal secret millionaire.
i’m never going to buy a lambo even if i was rich
.01 is the first goal. the second goal is
don't worry, i'm not buying a lambo, i just want a truck and a boat so i can go fishing.
you can have mine. i’m staying low key. it’s cooler.
i wouldn’t even pull out a dime at 0.1, granted it’s a lot of money you could make. .25 would be amazing and or even !
don't just hold, go buy some more shib.
hell with a lambo lol ill be aight with my own apartment and benz g series suv (amg 😉)
lol and it is going to 10 cents no doubt 🚀🚀📈📈📈📈
me wanting a fully loaded kia rio because i’m a basic biatch edit: maybe i’ll splurge on a forte dream big. edit edit: if i’m feeling frisky maaaaybe a stinger
if it hits 0.1 i will get a 🏡
they plan on burning til we do.
if shib hits .01, it will be worth 4x the market cap of bitcoin. if it hits , it will be worth over , approximately 1. money is already rotating into doge and other shitcoins, and if it cannot break 0.00009 then it is probably going to drop by 99%. sincerely, someone who's been doing this for 7 years
who the fuck wants a lambo? 🤮
not buying. a lambo so you dont have to worry about me taking one. just stay away from importing a r34 thats mine!
yo straight up can we not do this gme retard shit?
i’ll limbo with my lambo… weightless on the moom!!!!
lambos are gonna be harder to get than the xbox series x
it would not, there is enough shibas there for all humans on earth to become milionares. 0.01 is impossible.
no lambo for me thx just a large piece of land in the north georgia mountains. gonna build some small rental cabins or a campground. then maybe a ferrari when that takes off rented one a couple years ago in vegas they are fun af.
where do you purchase shiba?
i cannot upvote this enough, the more we hold the more we earn
this had me cracking 🤣
i cannot upvote this enough.
so say this were to happen, would people actually be able to cash out like normal? i’ve seen that people are saying if the price jumps it won’t be able to pay out and i’m not sure how all that works. thanks
i’ll stick to amc gwagon 🙏🏼
pre-owned tesla only so i can play video games with my car.
i have massive student loans. those will be the first to go.
.01???? im holding until …
i just pre-ordered for june 20th, 2022. y’all better not let me down, or i’ll have to mortgage the house 🏠
what about space rockets?
.01 shib is a 4 trillion dollar market cap
my poor ass needs it to hit at least .15. i’m so fucking tired of being poor.
imma be greedy and get two
i'm buying a gtr instead 😏
couple years it hits 1 cent
skipping the lambo gonna get a nissan skyline gtr godzillaaaaa 🦖(pretend that is not a dinosaur)
dont worry,i just find an old diablo...
it's be nice but honestly, how realistic is that?
i am not buying nothing new, i am not waiting any longer than i already have to own the cars i wanted all my life.
i'm tall so i need atleast 12
can shib get to a penny?
take your money let’s say ,000,000 but 5 houses worth ,000,000 with 20% down rent them out on airbnb. make your money make you money.
i have a 2021 urus. please buy used. do not go to a lot that will shoot the price of exotics up higher than it’s already inflated price. buy from dupontregistry private sellers
yes my lord spiderman
.01 isn’t enough for lambo. i advise we all hold until .10
i dont understand this! can someone explain regarding market cap and the most feasible upper limit shib can reach?
we started at 1 quadrillion coins in circulation to 549 trillion within a couple months. burn baby burn 🔥
fuck a lamborghini i just want that scat pack with a pound of gas in the trunk
keep the lambo, if it hits .01 i am paying my house off and any bills i have left at that time.
the highest price shib is likely to hit within the next 10 years is .0025 and that is with a market cap of . the only way this could happen sooner is if shiba coin somehow started getting burned or locked to reduce the supply
shit- you can keep the lambo- all i need is a honda odyssey.
order bespoke lambo now and pick up at begin of 2025
fuck lambo, i'm getting myself an rr
buy the new corvette instead or gt3rs
lambos are dumb i would not be buying 1
there's not enough money in the world for shib to hit 0.01, there 500 trillion in circulation.
i’ll take one for the team and get a ferrari instead of a lambo.
someone can have my lambo, i’ll need a rocket to the moon 🚀
i do not want a lambo anyway. i already have a fun car. i just want a house and a secure future.
well jokes on you, i want a 1969 mustang convertible in candy apple red. yall can keep the lambos, i'll take a classic.
shiba people's coin🗺️🤩shiba inu shibarium🤩 🗺️🎮🎓🎓🎮🎓🎮🎓🎁🎁🎁🎁🎁🎁🎁🤩🤩🤩🤩superstar 😃😃😃😃 😃🔝🔝🔝🔝🔝🔝😍😍😍😍😍😍😍🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀shiba inu shibarium 🗺️ people's coin🤩🎓🎓🎓🎓🎓🎓🤩🎮🤩🔝1️⃣
i think what’s more realistic is .001
late in the game but mortgage paid!
im not getting a lambo i’m getting a jaguar f type, a tesla model s with full package for self driving and summon, restoring my 3 classic card and buying a house with plenty left over.
hahahaha forget lambo, i’m buying a tesla
looks like a repost. i've seen this image 1 time. first seen [here]( on 2021-10-27 93.75% match. feedback? hate? visit r- *i'm not perfect, but you can help. report [ [false positive]( "qhbhac", "meme_template": null}) ]* [view search on repostsleuth.com]( --- **scope:** reddit**meme filter:** false**target:** 86%**check title:** false**max age:** unlimited**searched images:** 259,279,230**search time:** 1.77512s
i wish i was in this early
i only have 6m shib lol so no lambo for me... and why price anchoring at .01?? dream big! look at the 650 trillion derivatives at the market right now loll. make it ! or moreeeeeeeeee
somebody gonna be left holding the bag xd
im fat also. gonna sew two lambos together like rick ross did with gucci sweaters.
get the urus 😂
take the urus one
this guy knows what he is talking about. let your money make money and then buy lambos. check.
or buy a porsche and live comfortably
this guy fucks, hard
exactly real estate👏real estate 👏
every party has a pooper that’s why we invited you. lol i totally get your point and agree 100%. but let the simps day dream and have fun will ya
depending on the lambo, most people sell them for more than they bought them for.
all your lambo are belong to us.
i’ll rock a jdm with you let’s get it
go for it man ☄️🌛🐕
me too! let’s race 🏎🏎💨
they’ve gotten a lot better, i assure you.
unironically, if we hit , i legit retire with more money than anybody in my family has ever had. my grandparents founded a plumbing company and left a rather hefty estate to my dad and aunt. fuck, if we even hit $.01 my net worth gets shockingly close to his, however his assets aren’t liquid.
yo if shib hits 2 dollars i would have 2 billion dollars
get whatever gift shibainu brings you my guy
there literally isn’t enough money for that.
-_- i'm all for dreams, but how about let us keep em realistic
cant say but i’m hoping next year
noooo kia k5 gt
by mistake if it hits 1🏝️ 🤣🤣🤣
that website predicts shib to be at . there is not enough money in the world to reach that. so i wouldn't believe anything that comes from them.
everyone worries when it’s not running wild but everything has to consolidate after a big run in order to run again … so iho… 🏃🏻‍♂️🏃🏻🏃‍♀️run forrest run!!!
or an rtx 3080 for msrp
try to get both 🦾
true...but rumour has it some individual investors have tipped in as much as 11.5 million dollars each...purchasing 257.5 billion coins...we are not working on the theory that 1 person buys 1 coin. granted the number of coins is huge but never say never with humanity. wait till the institutions start buying...70% gains for days or weeks will see a stampede
doge is also infinite so stop saying this
that sounds amazing i actually wanna do that too but somewhere in oregon or colorado maybe montana
i has't massive inhorn man loans. those shall beest the first to wend *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
might get a tesla truck 👀
don’t support elon. there’s so many many more ev companies that are better or that will be better
you okay bro? that would surpass the economy of many countries including usa, one coin does not has that much potential.
wait, who said we're even selling at 0.01? ...
yes i would buy a triplex or a storage yard and generate around 15k a month for the rest of my life
[all your lambo are belong to us]( ^^^this ^^^has ^^^been ^^^an ^^^accessibility ^^^service ^^^from ^^^your ^^^friendly ^^^neighborhood ^^^bot
do you think it’s possible to hit ?
it will not hit . in order to hit , and will be worth approximately 1. it would not even hit .01.
never said there was did i? also you never know, with investors and other sources of income it’s possible over years of development it could reach that. look at all other coins that started small and reached massive potential. don’t be such a debby downer, be a little optimistic.
i already have one, just working on the other.
yes, "the total supply of shiba tokens is one quadrillion (1,000,000,000,000,000)" such number is beyond world's economy. there's not enough dollars to even print that.
doge is not infinite (135 billion coins), but it does keep growing. if we started burning 1 billion shib per day it would take more than 1300 years before we got down to the level of doge.
you only have to get lucky once man take that money and build something with it that generates more income this could be a great opportunity to change a lot of people's lives for better or worse we will see.
if shiba hits . i work from home.
possible, yes, soon? no. however i’m in this for the long run
assuming no more gets burnt. what if another 400t gets wiped out? 😎🧨💥🚀🌝
the only thing would be if the devs burned a good amount
thats what they said about doge.
if the devs come out with a plan to burn a decent amount on a schedule then i'd be in this for the long haul but realistically i see it going up for robinhood next month. then being forgotten about except here. because you gotta think it is this subreddit hodling vs. literally everybody else. if there is news about burning significant amounts please let me know.
it’s sick tbh haha
500 trillion coins actually and there will be less as more and more coins are burned.
there is a thing called burning coins
wow maybe one day we’ll just pay with shibs
if shib hits .075 quadrillion. it's not hitting . or . it needs to do another 125x just to reach .01.
if it hits , i’ll eat the shit in your pants 😈
atleast doge hit 0.60
there are big cash investors in this besides this subreddit right now. more people then we even realize are behind this, rh will up the value quite a bit, but there is also the fact multiple places are using it as actual currency for goods will make it skyrocket like doge and bitcoin have. not saying it’ll go to .50 or a .
let's say you wanted to burn until there are only 1 trillion shib left (doge has 130 billion coins). if you burn 1 billion coins per day it would take 1367 years. that's how many shib there are.
0.001 is a possibility not 0.1 and definitely not
sure, nations with atomic bombs and other superweapons will be ok to bow before meme coin, lol.
that’s why i said i would shit my pants and eat my socks. it’s so unrealistic that if it happened i would be genuinely shocked
down bad, no 🧢
find me in 6 months and feel free to dunk on me if i'm wrong. (i would not be wrong, though)
. 0.001 is realistic in couple years...
while you both make very valid points, we should collectively stop putting hard caps on this thing. if we keep saying “it’ll never…”, new buyers will be more and more reluctant to buy as it clicks up fearing they’ve already missed the boat so what’s the point? you see it in the countless (and annoying i might add) posts that keep popping up during this bull run we’ve just enjoyed. “ should i? am i too late? is it still worth it? wah wah blah blah”. and if the newb fomo money stops coming in, we don’t get anywhere near where we wanna be. capiche?
you spelt next week wrong ;)
i sold 30m coins at 34 like a piece of shit. just spent .5m because i’m stupid and deserve to suffer.
holy .00008 tomorrow? edit : we made it!!!
that is great and only 14.7% paper hands. we got 27 billion market cap as of 12pm
i will be blocking any people who place negative comments here. kick rocks and go somewhere else with that.
we dropping a zero tonight
oh! working up to a shibgasm.
as someone new to crypto trading, it feels really weird to be tripling my investment in like three weeks lol. let's keep er going!
i just doubled my 22. and the rate seem to just go up. more and more are buying, and no one is selling 🙌
more to come fasten your seatbelts 🚀
the haters have entered the building. have you all not learned yet? go ahead and exit stage left. there is no room for you where we are going. smh
well that is an official 10x for my initial investment. 🤙
coinbase is to blame. we were so close to 9... momentum killer. scared some people to sell i think.
coin base froze shiba transactions??
my dude we hit .00008 then coinbase fucking crashed
hodling 32 mil since $.000006 and aint selling shit til at least .01
i wanna buy more but at this point idk if it’s worth it
just wired 10k to my account for more shib. how many times do you jerk off a day? we gotta keep these numbers up.
ladies and gents we hit .00008
shit. it just hit .0000880000 about an hour and a half ago
fuck me, i've been waiting since it was 0.000035 for my money to transfer from robinhood to my bank so i could buy some shiba inu. never going back to robinhood again
dropping another zero soon! 🤔👍🤑🤑🤑🤑🤑
hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold hold
i'll throw this in to stir up all the conspiracy theories, but voyager apparently has gone down and will not let anyone view the actual coin pages. coincidence??? lol
don't sell. take it from me. i had 1 billion coins in february and sold in april when crypto was suffering. had i held, i would be up to about ,000. i recently regained my billionaire status with shiba coins. i would not sell again until it hits $.10 or more.
trying to buy more, keep getting errors in coinbase
about time, been holding for awhile. just staked on crypto.com. to the moon i’m coming for those tendies
it's early get more
the only way is up 🆙
buy and hold people!
i was going to buy more last night, i said to myself, “nah i’ll wait for it to dip down a little bit as the price always fluctuates up and down before it rises again”. what a dumbass thought that was. oh well, i still have 20 million coins so let’s keep er movin!
thats fine and all we in this but whats the next play? anyone got an idea?
kinda missed this when a friend told me to go for it 4 months ago, now ive got bad experiences putting money when its going up so much, any dip you think to get a decent position?
i have 71m shib. holding til this thing hits a dollar y'all!
ive bought at almost ath and im still x 3, what a marvelous coin
i already have . buy now or wait?
we have made it to 0.00008
i bought more shiba on coinbase because it was cheaper than crypto.com.
they plan on burning til it hits 1 cent. from 2 mos ago. to the moon and beyond!
i made ...keep it up shiba
those are rookie numbers! keep hodling!
i my boyfriend just convinced me to buy some! i spent ’t fuck myself lol.
pancakeswap no longer supports shiba? i can’t find it to exchange for bnb. am i missing something?
just bought 10,000,000 shibs! my chance to make money back from doge lol
keep hodling my friends!
hodl. you can look but you can’t touch
the name is bond….shiba bond
but more. reinvest what you've made. to the moon baby
buy dips ,hold for rips ...stop selling all of you sellers...holders keep holding the line...
and blew right past it. to uranus 🚀 💦
woof woof .00008 soon!
we hit .00008 a minute ago
gonna cross 80 soon
title edit: * ladies and gentlemen, we are about to hit .00008
we want some mo, we want some mo.
now .00008 ecstatic! 😄
chance this makes it to 1 cent?
lord please take this to .001 jesus please 😂😂😂
haha that is so 2 hours ago .000084
yabba dabba dooooooo soooooo happy right now! let get this zero gone…
all crypto apps r slowing done 😂 let’s go 🚀 better buy more before the apps have more problems!!!! eat another 0!!!!
it’s a thing of beauty to watch ain’t it? get off on it more than i do porn
we're now .00008 amazing!
i want to buy more but i'm in ny and the only way i know of is to convert eth on uniswap but the mining fees are outrageous!! any other way?
u need to update this to .00008 ;)
we did hit .00009 for a moment… nice!
blew right past .00007 and hit .00008
what a driving the increase? will there be any dip soon?
based on this crazy run and just how unpredictable anything can happen. i am certainly hopping that by then we can drop 2 zeros.
holding 20 mil. can we hit .25?
anyone else having issues getting onto the crypto.com app? like in last 15 mins
124mil strong! i’m not waiting for the dip. i’m waiting for the zeros to drop!!!! 💎🙌🏼
people will start buying in due to fomo. about to be another crazy new year 2022 jan - shiba will pull a doge? 🤣 people who say this is the top - everyone has been saying this for past 2 weeks. you cant judge these things. when everyone is unreasonable and just buying in, others will join.
process of converting doge to shib at the time of thought my conversion would have given me 100 mil but i feel like i missed the rocket?!
holding 35 million long and strong!
if you guys all give me ’t buy any because if i buy some it’s gonna go down i was just thinking about buying some and it went down
let’s lose a zero today!
this could very well be robinhood rebalancing it is crypto portfolio for a liquidity pool.
got squeezed yesterday. never again
straight shot up to .10 from here. who wants to adopt an orphanage, start a shiba inu rescue, and buy every 16 year old in the country a lambo. its a bargain today get it while it is on sale.
.has anyone else experienced this when on your coinbase today wanting to buy shiba inu the price was considerably higher then when immediately switching to wanting sell...the buy price range was .00008034 -.00008488 and when i switched to sell it was 00007408-.00007890 i switched back and forth 30 to 40 times with in a 3 minute time span and selling price never got to the buying range of .00008 -.00008488 and the buying price range never went into the selling price range.00007408-.00007890... it looks like price changing depending on if it is a buy or sell transaction...
how long until shibacoin hits .01?
up to 3.1 million shib buying more soon.
keep it up people. amazing day today. let’s keep it going.
nice let’s kill everything.
i had 7.5 mill back in august but sold half now im cryin lol
got in just shy of 3 million shib a couple days ago for my first crypto purchase. put in a couple bucks just to try it out after feeling unsure about crypto in general for the past few months... i regret not spending more. patiently waiting for a dip
we will likely hit 0.0001 by tomorrow. get ready fellow shibs we are about to blast off!!!
we need to get robinhood to list shiba inu so it’s more accessible to all! email them directly and sign!
i think this is the top
this old news lol
i sold 230,000,000 for 2k a few months ago... i would of been close to 20k today … i just didn’t like that whole vitalik rug pull but oh well i hold cardano xrp vechain
where is all this blind faith coming from? i watched it with ethereum months ago before it crashed from 4100+ back down to 1-2k.
i believe i just made the worst possible mistake of my life, is there anyone able to help me with this issue? i transferred my shiba from binance to coinbase not thinking i transferred it using network bsc, coinbase can see the transaction but cannot see the money hitting my account, they have asked me to go to binance to see if that can help me...can this be recovered? or have i just made the biggest mistake of my life...feel so sh** right now
10 lashes for the paper handed one hopefully you've learned your lessons
slap yourself and call me daddy!
i had 17m shiba and sold 9m to reimburse my initial invest. now i feel stupid still have 8m left but i wonder should i make a move and buy now its ath or wait for a dip ?
the same. i wanted to scalp to pay for something, actually i am not doing that usually at all, but in the end i have lost 40 million coins. okay it should be, didn’t scalp and i won’t.
i almost sold 30m 5 days ago but i didnt... thanks for lettting me know how id feel.
i sold 300m on the spike earlier this month at like 22. so i feel ya. left 124m in, so i'm kinda happy.
i sold my 100m at 35...got back in at 50...oh well, i shoulda woulda coulda, live and learn
why you stupid? huh🤣😂 just kidding welcome back dummy
did you learn your lesson? do you need a spanking to help you learn? haha
live and learn. pretty safe to say we’ve all done stupid shit.
your not stupid just a lil slow like me
this is one of the things i've realized. i was thinking that some people could end up being the richest peoole in the world if they held long enough and it worked out in their favor. with you and the other guy who sold out billions a day or two ago i noticed that everyone has their price and i have mine. mine is when my grand kids would not have to think about money.
i get humiliated on the reg, do not feel too bad.
if it keeps up itll be .00010 tomorrow
yea, 13k from a 2.26k investment
take us to the moon, take us to the moon, woaahh. won't you take us to the moon!
ahhhhhhhhhh shiba you pregnant
a good ol shiba blast.
don’t get used to it. but this coin has been awesome and i’m holding until 10 cents, even more if it stays strong!
yup got 4 million for . up 66%. this is a fun ride
the more people hold for long term the more money they will likely make , this is not a good coin to flip …invest in other coins for that, the real money will come in holding shib long term.
the haters are not wrong, its a pointless ass coin. rebranded ethereum . i'm just here for the obvious pump and dump lol -5 but not a single person telling me how i'm wrong
how much will you make at 0.01?
what i mean is that at .01 i will sell about 10% and let the rest ride til i see 1 mil in my account.
why not? i'm but 100,000,000 more on friday
for 250, if shib reaches a penny, you would have 30 000$
i bought 2 million more today 🚀🚀🚀
this will be considered cheap soon
i'm assuming that it is gonna dip down to 50 or 60 again today and i am gonna buy some more then--probably a few hundred bucks. having said that, though, coinbase is being super spotty with all the traffic around it, so i am unclear if it will be able to go through!
i said the same thing on sunday night. was only able to buy 4 million, but i'm up 66% in 4 days. worth the risk. if i had more cash to throw at it i would.
buy more make more. the multipliers keep coming.
like 3-4, why you need your heater for?
... 0.000085. coinbase is moving so much coin around it is a fricken thisco rave
right? pretty suspicious how everything went down all at once lol
were talking fractions of a cent. i do not think there is a bad time to buy.
a dip just happened if you wanna try getting in now!
buy some now and buy more later.
i just did the same. now i'm holding on both crypto.com and coinbase
wow i sure hope so!
someone posted that they already ate another zero in australia.
we litteraly just reached 0,000084 so no😂
people said this before. but shiba said woof woof bitch, no. i aint done.
dude i’ve been waiting for the dip and it never happened. lol but now that i spent more money i expect it will...
in you're in the dip baby,. it's never gonna be this cheap again. but what do i know i am not a financial advisor.
i want my initial investment , i am waiting at least when it is three zeros. i don’t want to loose so many coins now. it will significantly lower my numbers
that was smart of you. take some profits, were gambling here.
i was ummming and ahhhhing about buying at .000041 or waiting. i brought it then and doubled my investment in one day. there’s no time like the present
still buy. i bought more on another crypto site and made . still cheap.
i bought when it was .00009876 and jump to .0001012 now, we never know how much dip it can go, but don’t expect it to go down too much. if it dips big time then i’ll be buying more in. i’m up 400% now, i can’t believe this, i’ll be here for long term and hodl.
i don’t feel stupid on missing out on a couple thousand. i’m more upset over what i’m probably going to lose long term.
same, still have 40m tho
forreal my dumbass let someone hack me i lost 100 mill i got at 1k.
nice! hopefully lesson learned!
in like an hour
yeah. i like numbers like that !
i'm at 4900 from 500, i wanted to put another 500 in, really wish i did!
rip, got 15 million for about 100 usd, sold off 8 million coins when my investment got to 200 usd but still have 7 million something, now im mad at myself but its fine.
they would make ,000 minus gains tax.
if it gets to 0.01 there’s no reason it shouldn’t make it to 0.10
i’ve got 150 million at .00001633. of course i want more tho
coinbase is down for me… what a ride
bots are attacking the dips like a starved dog. the dip you see is gone!
best thing i did was lock that shit up for 90 days with crypto.com. i probably woulda paper handed like a bitch trying to day trade it like an idiot a couple weeks back when it dropped a zero. thankfully, i had locked it up maybe 3 or 4 days before this bull run started
i think we will not to see deep before listing on robinhood.
thats how it works … so lets wait for the dip …
i was kind of like this last night as i was waiting for my cash to settle. once it settled around midnight my time i watched it for a few minutes and saw it was not going down and fomo'd. it did not go down at all and has not went back to what i bought at last night. this run is not really slowing down much.
i was the same. im dca’n around .000038 ish. have other coins since the run and threw a 100 in from another coin to get to that. wish i had dumped all the other non important ones in then. fak!!!!!!
jesus. how much ? i hope you reach that figure.
public is down also
let me try to find the post
found it. u. they are in australia
it did, but now, we are at 0,000082 ! but it did, you blind fool
i bought ’ve now made over . will continue to hodl!
keep the whales out
its not already ? i thought that it happened already
i was lucky…already had 60 million. it cost me another . soooooo glad i did it then though!! i’ve made that money back and then some today 🚀
not me. i’ve only got 5 million. i haven’t spent much, less than . the rest came from free coinbase money. up to over .
hmm 🤔 coinbase shows it still in the 0.00006’s region.
shiba inu was founded in 2020 by an anonymous person going by the name ryoshi. i did not know that.
i want to say no probably not - but this coin is surprising me constantly so i'm not even gonna say it. that spike and dip was ultimately a good thing, it probably triggered aload of sell orders at 0.00008 and cleared them out! onwards we go...
i saw an 8!
for a minute it reached that on crypto com
i'm still looking but u.
th ask…like i said….pure luck lol
if no major crashes. we’ll drop another zero by the end of november. i’m betting robinhood will list it next month.
dude it is going to happen in a week fuck waiting till december look at all the other crypto they are pulling out to jump on shib even bitcoin🤣😂😂🤣
looks like we will reach 70 within 24 hours lol... it is gone up a good 0.000010 a day and held, so probably eat a zero and be stable by november, question is how it will hold up through november and december. honestly at this point it is a money train, a crazy wild surreal money train.
drop a zero this week, robinhood listing next week, retirement by december 31. boom
lost a lot of money this year but making it all back with shib. 500 million to the moon
we just went from !
at this rate i am thinking by tomorrow, if not the end of the day. yesterday we were at .00005, we are now at .00007!
if we do it might be short lived. some people may sell off mid-december to late january to cover for holiday expenses. i think a permanent 0 drop and going further will start back up mid-jan to february, and then go to f'ing mars by end of 2022. this is just my assessment at the moment. i hope you all make this comment look dumb af and it ages like milk.
you spelled december wrong it’s actually spelled october ;)
if it does not have a major sell off or correction shib might eat another 0 by the end of next couple weeks.
at this rate we will drop a zero in 1-2 days
we'll drop a zero this week 🚀🚀🚀
you don’t have to think in crypto world, seat on the toilet buy crypto and enjoy the rewards,99% of crypto investors are investing for the reward of getting rich and then use crypto as form of payment,crypto is driven by community not by economy and big money will always go where more money can be made,so everything is possible just stay positive
i’ve never invested in crypto. should i invest in shiba now?
by the end of today
i bought in around 2700. bought 26 million. how high can this go realistically?
we went over .00006 today so if this continues like it is then we'll see another zero thisappear in the next couple of weeks. am quite literally giddy with excitement!
the whole markets down and lil shiba is just moving ! but it could drop back down but it’s almost guaranteed growth
yes by next week. and for robinhood they need shiba because doggy coin made money the other quarter and they need to make more money this quarter and the only way to do that is with shiba
hell with rh. we’re getting the word out. if they want in cool if not we’re still ⛽️ up and rocketing 🚀 to the moon.
don't stop believin' hodl onto that shiiiiibaaaaa
i am new, i just bought 10 million shiba, with great hope
lady wood over here! 🔥🔥🔥🔥🔥🔥🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑
will drop another zero today my friend!!!
i just got into this currency and bought like 1.3 million of them. if this shit takes off i'm gonna be hype
my guess is november ...if the whales do not rug us.
i heard they are burning almost %1 of the coins a day! is that correct?
and if wall street bets gets in on it….
just bought 1,574,375 shib already had 378500
i think we can drop at least two 0. and if robinhood list it on november we can drop three 0.
it wasn’t supposed to get anywhere near this level this soon, so i don’t why dropping another zero before year’s end is not possible
we may drop a zero by friday night...or sooner.
bro i have my shit staked
2 zeros before end of the year
we’re going to drop another zero tonight… 😳 this shits cray
they are saying it will be a world currency
i believe so if it goes on robinhood a lot more will join the shiba army!
drop another 0 today!
1.20 that’s the target everyone looks at doge target was 0.69 same story here
i want to know how realistic .005?!?
we might drop a zero today if the trend holds.
at this rate it is dropping a zero by the end of the week
07! maybe not today but end of week.
without a doubt if we keep this momentum we can drop another zero within a month, as long as no major market change negatively impacts us we should be fine
if there is a proper backing to make this a viable coin for the future, which is absolutely doable, then hopefully. hodl
it’s going to go back down but i doubt it’ll hit the ath again i believe it’ll stay around .00005 or something and each spike it’ll permanently drop a zero
i’d say before friday at the rate we are going. it was 0.000035 when i bought in last friday and now it’s already 0.000083. edit: mines in cad.
let's do it today 😂🤣😂🤣
2 weeks max! once the word is out, it is unstoppable! it will grow faster and faster.
200 bucks now 1400
you mean 2? yes.
to the end of week we will drop another 0
if we do not drop a 0 by halloween, than definitely by thanksgiving.
is there a reason this would crash vs continually blowing up?
cant wait for dec 31. how about tomorrow?🚀🌙💯
at this rate yes we shall feast on the zeros
if not, it should be close to it
2 of them 0s
oh yeah. drop that zero
shiba to another galaxy and back
let’s beat doge for 10th spot!! lol
i’ll say by next month if we keep going how we been shibarmy
it’s alt coin season for the next few months!!! watch
personally think we can drop 2 zeros by then
i say we drop a zero in 2 weeks!
no clue anymore, my guess would have been a year but it could vary by few weeks to few seconds
at this pace we’ll drop another zero by october 31
i think by oct 31 we drop a zero
at this rate we will drop another zero by this month end. remindme! 1am november 1
probably sooner , look at the overall market . every coin is in red except shiba. that means a. they cashing out to put in shiba b. the fear a crash and are taking profits till market cools .
in community hodl, we trust. dropping zero is coming soon.
i made a note to myself yesterday to buy the dip today. oops!! lol
no just one 0, 2 more by december 💪🏻🤟🏻
you mean by the end of this month??
i’m buying the dips so they will have at least 1 more buyer 🔥🔥🔥🔥
i predict two will be dropped by then lol
to we are going to drop one this freaking week
make it a double.
i would like to buy some, how do i do that ?
let’s go puppy power!!!
at this rate we could drop that zero by the end of the month.
lots a people gonna be rich af
yes. it could happen today.
are we dropping another 0 by eod today???
200 million staked 60 days left will earn 4 million shiba. i bought at the beginning when shiba was actually nothing. lol even a 1
by the end of november
no... by 31st october...
why not 2x0? already its doing impossible things.
we bouta drop a zero by tonight or tomorrow
dropping another zero this week
aight boys. 50. hoping i get out with a few bucks on this.
when we all sell at 0,01 we all lose
watch for november 1 to drop a zero
hell yah!!!! go shiba go...
we will loose another 0 today , the way its going
to kill a zero tonight.
yesss we must 💪😈
i think we can drop one by midnight. call your friends and get them to join the ride
i changed my doge to shiba inu... i have just under 3 million shiba inu... and holding !
i'm holding 3 million shiba inu ... cmon let us get to a penny within 6 months !!!
looks like we’re dropping a zero today!
i think we will drop another 0 by the end of the week if everything stays steady
i’m up over 5k with 76 million coins
i think that we will slash two more zeros before the year ends! 🚀
i’ve got ’t matter what price you get it at if you want to hold, i’ll see where it’s at in 5 years maybe it gets over .1 or .2 like dodge which is based on nothing, the second musk tweets about shib it will do the same thing.
yes, this month! 😻 by 31 december two 0’s🔥🔥🔥😱
waiting for my transfer of funds….converting doge to shib…...at the time my conversion would have given me 100 mil but still waiting on funds! i’ve got
want a boat...shiba pay off your loans...shiba. pay off your house...shiba. start a business...shiba
couldn’t make that return in the stock market
we’re dropping another zero by this weekend the latest
at this rate we'll drop another zero by mid november
on the aus site we have dropped a zero lol... to the moon
absolutely, momentum is strong and todays rally only makes doubters.
how did you guys predict the massive increase? ive just bought 1.7m for 100€ but im so late into the game :/
it's only less than 10bil market cap away so very possible. do expect a possible correction sometime soon though.
to the ******** mooooon
you mean this week
what happened to doge??
i think we drop a 0 before the end of november
whales selling can’t stop the momentum holy crap! they sell and the price bounces right back
hell yeah, but before thanksgiving!
let's crack this shit up. everyone let us keep buying !
we dropped one in canada!!!! 🇨🇦
how many time is supposed we have to hodl?
at this point, anything is possible. this price action today is bonkers
i'm betting big on this. and if rh lists it will happen almost immediately!
lets see how bad the dump is. with every pump there comes a dump. droppings another 0 by november’s end would be awesome.
doesnt matter if you cant buy or sell.
by the 31st of october, methinks.
sorted by new. looks like we'll drop a zero by 10
so for regular people like me. do i continue putting money into it or just hold what i got?
yes!! today was a great day. let’s keep this up shiba peeps
where to buy kishu inu?
i think we can drop a zero by this friday!
yes!!! lets continue the trending of
here is the deal!! first of all i am so grateful to be a member of the shib army. we are a legitimate top ten cryptocurrency. i have seen shib bears become bull shibs. love it. i see doge army and shib army combining forces to make middle class people millionaires. however, for us to hit one cent we would need a market cap of almost 4 trillion. crazy. we need to burn trillions of tokens. we will get there a lot faster and shiba inu as a real currency will get real recognition!!!!!
haha right now i'm kinda hoping it would go the opposite direction so i can buy more before losing another 0.
i bought 5,588,430 shib today. i’m holding for 2 cents minimum. plan is to sell 4mill at 2 cents, hold the rest for 50 cents. if doge did it, we can here too. 🌙 🌚 🌝
we need a million holders by year end.
i have 6k bought at 400
we drop a zero by halloween. that’s oct 31st for those not in us.
it’ll drop one by the end of the month the way it’s going
i guess you don’t have a clue what kind of potential this coin has it was designed to outperform bitcoin stay tune
let’s face it. if rh sells shib on its platform it stops the selling of it when it goes high. that’s exactly what happened when elon came on snl
im hoping for another one by next week
i wanted to buy more but only bought 15 euros back in may, now i regret not buying in the dip and i could cry... hoping for another dip until it sky rockets through the roof but idk...
yeah lets do it...
we will drop that fuckin zero before then shhiiiiiibbb
why shuba is going down
eventually, somebody will come around that’s gonna buy out most of them and burn them all... give it time...then it hitting a dollar won’t seem so unrealistic after all...
at this rate if it doesn’t drop bell yes!!
keep buying what you can afford to lose and hold. i’ve already doubled my initial investment in shib in three weeks. we can do this!
i hope people hold past one cent... lets fkn moon this mfker for everyones pockets
man, you have a lot of shib, if i can ask, how much money did you put in?😂😂
buying robinhood on their next drop to collect on the shib announcement
why does rh matter at all? does anyone who wants shiba not already have a coinbase?
didn’t he literally say that they don’t plan on listing it on rh
i salute your commitment to the shib
i think your right. we are going to the moon real soon. already on the rocket.
your surely robinhood list it next month
yep i just swapped all my other crypto into shib.
i'm saying, by week ends it will drop. not sure if it will stay gone but it will drop
took less than an hour after this comment for 0.00007 lol
this is the best game plan so far.
from your lips to gods ears
wow! that is a lot of shib!
why would anyone sell right now? to jump out now is to lose on what you could get. the coin is still cheap. now is the time to buy!
tomorrow or friday….shiba broke coinbase today
on the toilet is the only place where i do my crypto buying.
asking that in this sub reddit is a guaranteed yes you should buy. just please don’t invest more than you are willing to lose. crypto is basically gambling in its current state unless you’re investing in btc or eth.
the exuberance of the markets now this can go for quite some time. any catalyst can make this thing go full after burner shooting past the moon.
realistically, it could go up to a market cap of 200b or more. if coins are burned, the price could more than 10x again. 100x is a bit unrealistic at this moment, wouldn't expect it to hit .01 ever, but if it it did...
welcome to the pack mate:)
nice to meet you😊
yeah i already made 800% in a month, i think that is a takeoff already.
it has been taking off my guy. for like a month
i’ll be so mad if they do. i just hope that what ever they sell is burned
sorry man, i really believe in shiba but i don’t think 1.20😂
explain how 1.20 could ever possibly happen. 1.20x 395trillion circulation is pretty much almost the entire global economies wealth
while i would love to see this, i do not think it is likely. that said, if this somehow happened, after several hours of happy tears and consulting with an accountant. i would make a tiktok of the most epic job quitting ever!
this is…simply impossible. i am sorry.
if 't be true we drop not a 0 by halloween, than forsooth by thanksgiving *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i will be messaging you in 4 days on [**2021-11-01 01:00:00 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
i bought on binance, but i think coinbase is more user friendly 😃
so close! it keeps sliding back to .00007.
3100 that’s now 5949!
better return on shib you degenerate retard. buy hold simple
because shib is so cheap their 2.2m users will all buy , resulting in ,000,000 invested in the pool. and if more is burned it will keep going up. i don’t care about robinhood, but that kind of capital into shib would really knock off another 0.
i would say no. you need coinbase pro or coinbase wallet to buy. rh has a big customer base and i’m sure plenty of people would jump on a shiny new coin offering. i think any new coin on rh would see a jump
crypto.com was my first buys on shib. haven't bought any on coinbase though. edit: spellings
he did not express an opinion either way. he only said the company tried to ensure their cryptos are safe for customers. he side stepped the question.
rh only sees profit. looks like we have been growing and even with all these hate from mainstream media, we are rising, and close to eat up a zero. if we can eat one zero before rh listing, i am quite certain we will be half way of eating a 2nd zero after being listed on rh. and if investors start including shib to their etfs, we will definitely be called as investors and not just meme traders. and there is nothing wrong with either of them. just holding the coin will also make the price go up, does not necessarily mean keep buying. just reduce the supply, the price will automatically go up.
and he is a known liar, so that proves they will list it
rh doesn’t list shitcoins, once they see how strong of a coin shib is they’ll list it and then blast off 🚀🚀🚀
i give it a 60-70% chance
yep. i traded all others just for shib
fk no very other crypto is going down because they are putting it on shiba look at em all of them bro shiba is going one way only and that is up🤣😂 maybe in a week it will consolidate but not this weekend but just go ahead and sell yours buddy i'm sure you're right
umm... what? i just checked... it has not reached that high yet?
agreed, hope everyone will realize the opportunity.
i see. so would you recommend investing in btc or ethereum?
likewise! to answer your original question, we’re dropping that zero by the end of the week. hopefully another zero by the end of the year! 🤞🏽
dude, i've already nearly doubled the money i put in. i cannot believe how fast its taking off. i will legit be a millionaire if it hits . hell, i'll have good money if it hits 25 cents per coin.
agreed, hopefully they figure out how to have a massive burn.
only if same big whale decides to burn like 300 trillion😂😂
you guys are worried to much about things you shouldn’t
so what’s the max it could possibly go up to
ok,take a screenshot for the records
just in general… eventually it’ll level off, right? like can’t keep exploding in the short term
so download app, make account, add bank, buy shib
you’re gonna be filthy rich man. i wish i had more money to put in shiba😂
i own 8 million coins. i'm hoping for one penny and the. i can pay off my debt. lol.
meanwhile my little 80 is now 600🤦🏽‍♀️
jesus you should be htting like what half a milly right now?
u, i wanted to ask you feel about the last 24h? seems shiba had a good run uphill but as the price went to near 0.00009 after that started the heavy turbulence. what you think about what happened and how will the next two days look like? to anyone wondering - i havent sold any. i just put 2.8k more before the turbulence.
wait for a small setback or just go into shiba today? (i do not own a single shiba coin at the moment, unfortunately).
i can do… both 🤭
first 220m will barely move the price if the market cap is 26 billion. and whose to say that those 2.2m users do not already have ? or that all 2.2m are even interested?
you can buy on regular old coinbase.
lol same spent 60 on 7 million 🤣 added another 35.6 million when i converted my sia to shiba. soooo glad i did. just trying to find when the correction hits so i can dump and rebuy with more money 💰🤑😅🙃
yup, dogecoin is a shitcoin, but it is listed and accounted for a huge profit for the company. i own a bunch of dogecoin as well as shib, so i do not want to hear it.
drop off an 0 the end this week
thats what im hoping. 1 digit by next weekend.
for real, doge crowd probably secretly jumping on our ship.
nah you have to understand that when people see big profit, while many want to hold, some of those that have been holding since the beginning and have lots of profit will take some profit. and when many take some profit, the price starts to go down then many start to sell scared off the price crashing. then there’s a whole battle of people selling and people buying the dip and which ever one wins determine how long the dip lasts. a big event like shiba losing a 0 will have lots of sellers. many probably have automated sell orders for it
you seem very smart pls tell me how to invest my 60cents i saved this year
it did but then people sold. also depends on your platform. on crypto.com it probably did while in coinbase it was like 699
coinbase shows it reaching 0.00007 at 11:30am if you scroll along the timeline. sometimes the static max shown on the graph doesn’t match the value on the graph itself
diversifying is best. buy a little of what you are comfortable with. i’m invested btc, eth & shib. it’s a lot like buying a new phone, house, car. buy the one you like.
yeah, wish i bought more😭😭
it's never going to hit a dollar and probably not a penny. you have to read a little more about how these things work.
exactly 🤣 i can see 0.01 happening in a few years though
nah its just being realistic and understanding how the economy works. i hold a fuck ton of shib so im not against it but also trying to be reasonable about what can happen
can i ask how many shib you hold?😃
hard to say. depends how many coins are burned. currently ide say around 0.01 to 0.08 ish would be max potential. if a ton of coins are burned (trillions) number can always increase. hypothetically 1 dollar could happen but we would have to have 350+ trillion coins burned for that to realistically happen
really don’t know, in theory depends on the period we talking about, it has limited supply so with burning in maybe 10 years could reach even 1 dollar
let your shiba fund the next coin adventure and you will be able to fund that much.
fuck with how it’s going now it might be at the end of october
right? like i cannot even comprehend some of the money people have to invest. i bought shib on a whim earlier this year only because it was dirt cheap and you got a shit ton of it. i recall getting like 3 million coins for like . i was like what do i have to lose? well i turned . converted a couple hundo of amp to shib on sunday as well. this guy is pretty happy.
i bought 10 million may 31st for .81 in total usd. i'm at . i stake it all every 3 months and just roll in the new tokens each time i stake. pretty pumped right now!!
lol if only that was actually possible
my ’m waiting for the moon!
my lil 90 from may is like 900
just look at it this way, if you never made the move you would never have made any money at all 🤷🏽‍♂️
the last 24hours i figure a small correction was coming because it go up so fast. now, it may trade sideways for awhile. before moving higher. i definitely see it going higher without robinhood. more volatility next month after this cool down would be awesome. since it favors shiba moving higher. robinhood listing would send this skyrocketing fast and then a fast crash. it’s just a lot of emotional trading.
great point! well hopefully they all buy ,000?
great point as i have rh but holding 10m in coinbase.
i dunno, i get this in coinbase: “shib is not supported on coinbase. you can go to coinbase wallet to buy it on a decentralized exchange. assets on coinbase wallet are not held by coinbase. learn more”
i believe they said doge trading was 40% of their profit. their rep is horrible. looks the shib is the only way for them to make some money. i say chances are good it will be listed soon.
lol what exactly is it that you don’t wanna hear?
i’m in the doge crowd. my . then to ! i took some of that and put it into shib. also keanu and phiba (lost out on those). but my shib went to !!! i just traded more doge for shib yesterday. shib is still cheap! i want more. i’m in this game for long term. just holding and buying when i can.
i know for a fact my buddy today flipped his doge in to shiba today at lunch
can confirm, i dropped algo and doge to hop on an made like 1k off my small time investments.
i made , i'm all in on shiba now, regular stocks sold for shiba, ready for a lot more money this time around
it comes down to how many people wanna stay in and take the risk for that retirement money vs how many wanna "play it safe" with new car or new phone money
this is the crypto world baby, if you have not noticed things are way different in this game.
right. you are right, but doge is exactly the same scenario and it managed to reach 0.25 and been there for a while, its worth the risk... my opinion
i k ow there will be a correction but i think most paper hands got weeded out already
dont be making any predictions you know where youll shine, go to the doge reddit i predict that doge will be stuck at 24 cents for a long time if it aint crashing now 😁
put them in your ass crack and walk like a robot then people will pay you for acting like a dumbass😁 im sure you'll do great😂🤣😂
just messing with you
i checked several, does not show it hitting 70. just below at 67-68
there’s still time!! even if you can only afford ’s better than nothing! that being said, only if you have it to spare. good luck in your shiba journey! 🤙🏽
i’m happy with 0.1 honestly 😂😂
i think that would make it bigger than bitcoin which i do not see happening
if you are trying to be realistic then you probably don’t understand what is happening or what is crypto
around 400m not quite a whale but its alot to me 🤣
what about like by the end of the year i’m not taking like 10 years from now. will we see the cent?
yup, i’m using my dogecoin profits right now. my entire crypto is based on a .
this is the way, im all for shiba but this isnt a coin to bet your retirement on take profits and put into a safer coin or alt
what’s the next coin coming into play?!
that’s my plan. let your money work for you
where do you stake it?
basically the same for me except i guess i bought slightly earlier than you.
i'm with you here. love these gains. gained 500. love making money while i sleep
my .50 is now
it's just glitchy today, i've been buying there since sept 16.
i think your analysis is correct. 👍
that i'm hating on dogecoin or something like that. 😆
exactly. it's the people's coin. we have far surpassed all price predictions and trends. to the moon!
we’re already seeing many people doing exactly what i said would happen and this is just .00007 .0001 will be a crazy battle
not really. there’s definitely resistance levels in the crypto world.
that’s my thinking behind it. if enough is burned and enough people buy into the hype then it will go up.
doge went up to .75 and lost 2.25. it very much collapsed from its all time highs. the same will probably happen to shib at whatever the top is (are we there yet? hopefully not!).
that's a great idea i think it will moon by tomorrow yes
ok binance shows 7122 as the peak
webull had it 801
huh maybe it didn’t then i just assumed it did
ive been in the crypto game since 2014, not claiming to know everything but i have a pretty good idea of how it works mate. , you cant just magically create more value. thats like saying well if were out of money print more. sure you can then inflation happens and it isnt worth anything
i see i’m the only poor here😂
end of the year nah, but i bet you we can eat another 0 this by the end of this year so we might see 0.0001 - 0.0005 ish
no problem, how much you want to invest?
same, after someone mentioned doge in a lol lobby lmao
so yur saying cash all the shiba out or just a percentage???? i was thinkin sell 25% and hold 75%
people said that same thing about bitcoin years ago i got faith in shiba experiment at decentralization
looking at the baby doge's. watching 3. i need to look at others but shiba has my attention for now.
baby doge for me
i use crypto.com. you can stake it on there. my 10 mil nets me approximately 3,800 every tuesday. after my 3 months is up, i stake again. helps me hodl too, because i cannot touch them when the price moves up or down.
you bought how many shares, and then multiply by the price. what's hard about it? some people have billions of 'stocks'
it’s probably a conspiracy... coinbase doesn’t want me to get rich.
i've been investing in stocks for over 20 years now, and crypto for about 7 years. my advice, make no comparisons to stocks when investing in crypto, it will only hold you back, when a crypto is hot you jump right in with both feet!
you sure? kucoin, etoro, coinstats, none of them show that at all.
when you get rich nothing of this will matter
i got in on it way back during the 7 0s period so its just timing honestly haha its still good at 4 0s tbh
i only have 8 mil but i’m okay with it. lol.
not sure, very new to all this. but if what people are saying is that “buy it now” might do (is that too much ?)
i mean if you want to cover your initially investment and keep some on thats probably not a bad idea. im personally waiting to hear if robin hood is gonna add shiba to its app before i think about selling. its really a decision you gotta make bro
i’ve got a few million kishu inu as well. gas fees were a bit high but worth it to buy hold some
i got a few billions of that and it’s on a nice run. it’s starting!
got a few billion kushu myself
saitama will be the next shiba inu
can you explqin staking for me please
well i want you to, those bastards. crypto.com has it too, but that app is not working at all right now. making me nervous actually. friend uses etoro and loves it.
it’s definitely different, but resistance levels still play a role, especially when there isn’t a euphoric frenzy. but yes they can be broken through obviously. just my opinion, though😊
dude my lambo will be black and with real gold rims thank you so much for changing my life
i mean i don’t use binance well so i might be reading it wrong but the number at the top of the green line when looking at the past day shows .00007122 but that might be the scale not the price idk
ok it says 7246 now so that’s definitely not the price it’s the scale
i saw 699 at one point on coinbase but now it shows 696 as the peak idk though
is there anyone in this community that is willing to donate me some shibs?🤣🤣
your money mate, i can only suggest you to put money you can “afford” to lose
25% will wipe out all my debt and some play money if it hits .01….if it track like doge and goes above .01 ill be doing cartwheels naked covered in warpaint with a bottle of jack daniels in each hand in the parking lot of my job…that will be my resignation...keep an eye out for news reports
i sent bitcoin from coinbase flipped to usdt and bought kishu with that
shoot i’ve got almost 19b baby floki bsc. we’ll see how that turns out
where did you buy it?
staking cryptocurrencies is a process that involves committing your crypto assets to support a blockchain network and confirm transactions. basically they use your crypto and you get paid for lending it out.
long story short just like depositing your money into a bank and bank pays you interest but in crypto world you get coins back
all crypto sites crashed today because of the amount of shiba trading. they are fixing them rn
i'm curious, are you holding any shiba?
thats your first mistake youre already spending money on dumb shit instead of thinking how to re invest it 😂🤣 but ok stay broke
coinbase but you you have to buy eth then switch it to saitama. very cheap
is there any risk from staking if i’m planning on holding for a looong time? i know nothing. just heard the term staking from this comment…
i'll take this opportunity to mention that floki and kuma are also up. floki ate a zero and doubled today. i'm wondering if lots of moneyed people are buying up everything with an 'inu' at the end based on all the user reports on reddit.
yes, i won’t reveal my exact position, but it’s in the tens of millions. i’m in this play for sure and planing to hodl for a bit and see where this goes. i initially bought in a month ago and have added some since.
wait what do you mean i thought i spend 0.60 in return i will get a lambo and then i do not need money for upkeep i will have a lambo and always rich because of it don't tell me that is not how it works ! dude i shaved my asshole and orderd a bleech set 🤬🤬
then go, i think
i do not think there is a risk personally. not financial advice. for me personally, i plan on diamond hand hodling for a long time. this is a long game for me, so staking is the way to earn more shib. you have to be committed in staking. meaning...the price went way up today, and is still way up. if you wanted to sell part or all, you could not because they are locked up. the price unfortunately, inevitably will go down. just sit, relax, stake and go about your business. i could not access crypto.com for about an hour today. shills were out in force today, and i'm sure people paper handed. i sat back, enjoying the rise and just lurked.
oh yeah, sounds fun… thanks
thank you, i appreciate your advice.
not a problem at all.
should i spend 2k on shiba??? give me 20 up votes and i will
if 100 people say yes i will buy 59.6k
i’m really not concerned lol it’s going to be fine
kraken confirmed that it will be listed, that’s good news. don’t expect shit to be overnight because that’s gonna motivate you to sell cuz it didn’t happen the way and when you wanted. kraken is literally top 5 crypto exchanges. and guess who their competitor is that’s been making money off of cryptos that has a huge following. thing in the future cmon guys.
if it goes to .5, i'll buy everyone here a lambo and open a dealership.
seriously, what a bunch of idiots! learn to trade and understand how markets work. go ahead, sell your coins, i’ll buy them all. the next couple of weeks are going to rocket due to upcoming broker placements. every coin will fluctuate, it’s how the markets work, if they didn’t how would anybody make profit? absolute dick heads!
if you upvote this we go to the mooooon
i got into both eth and btc earlier this year when they were sorta high and then they dropped and i was immediately in the red haha. but i held on and they bounced back so i’m safely in the black. keep calm and shiba on
3 upvotes and i buy mo mo mo!
sick of short sellers and sick of wall street…this is more than a coin man it’s a movement against establishment
we should start a go fund me to put a shiba inu coin commercial at the super bowl half time show
time to rally. buy buy buy 😎
only about 14k of 922k shib wallets are actively trading. we a bunch of diamond handed mofo’s
bought 280 million today
y'all are bumming me out!! we are supposed to hype and support eachother. not tell one another shiba will never reach .01, sure it might take time but these 💎🙌 do not mind waiting
i just want to pay off my house and student loans and i will be happy
you all need to suck it up
guys take a look at the curve rigtigt now. it’s pretty much simular to the curve back in may when it skyrocketet!! so hodl and chill!!
my wife will leave me if i lose our kids college fund on shib so hodl!
buncha babies crying about losses lol. grow a pair and buy more
🤦‍♂️ everyone that has coins, please just log off of reddit and whatever exchange you bought it from. just let it sit. i have been in this position in situations that date back 7+ years but have greater value for the reasons everyone else before me have already described. there are 73837733 high schoolers that put their allowance in and are clogging the chat with "oh no it is going down, now what". just shut up, do not sell, and log off. for the love of god. just stop. come back in two years and thank us.
fuck it i’m buying 15k worth of shiba
we’re getting primed for a big spike
and hold hold hold 😜
should i invest more in shiba? ive thinking about putting a 5k in shiba. worth? my wife thinks im going crazy
looking at the 4hr chart, i feel like shib's gearing up for another surge
pls buy and hold. don’t sell it
next person to mention elon gets kicked in the nuts
just seen something about the ceo of amc starting to take crypto as a form of payment for gift cards and they did a poll to ask the public if they should add shib and 79% have voted yes?
i'm of the belief that the new floor is at the .00006 mark. the last floor was around the .00004 mark. i'm confident that we are on an uptrend overall.
its going up! get in now!!!
i still have yet to hear negative about shib, and even so, i will not back down and sell, im invested in this, and the money thrown in is already counted as spent to me, so i will hold and continue to hold, to the moon, or to the core, its all good with me!
just bought 42m. over 300m now. 🚀 🚀 🚀
just look at each ath guys. after each one there is a period of consolidation, which is what we are in now. it can’t just always go up and up, this is a good thing
just bought that dip ✊✊
buy or hold. do not sell
bought on the dip, everyone stay strong 🤌🏽💎
can we kick all the negative people? i already deal with them at work
this hurts, but i'm holding... i'm gonna take a break from reddit, and turn off all notifications on shib, gonna focus back on work
time for a sad wank
i’ll go down with the ship. if i’m gonna lose money i might as well lose it all. fucking gambling
cannot wait to smoke a .5m blunt in my lambo and race you fellow holders
shiba is my favorite sport !
i'm going to buy more, screw the paper hands!
if that shi goes to 1 cent im opening up a restaurant and every shib owner who shows me their shib gets 50% off
let em sell, they would not be invited to the lambo party
a new whale bought .8m bucks worth this morning. they didn’t do that to lose money. although by this point they would’ve made .7mil 😬
volume is way up expect some rallying soon
did you see the robinhood petition is now over 520,000!
don’t be a pepsi. mountain dew it!!!! hands up holders! 💸💸
bought 630k more shib to bring myself over 1m shib!
yall im really proud of the community and its awesome to see us rally like this!!!
i'm freaking out, i want to jump in but i keep missing the dips under .00005. should i just yolo it now? i do not want to regret it later
maybe we should make shiba stickers and start putting them in random places
oh boy i can feel it
we already pay way too much taxes for very little in return
honestly don’t even listen to the people who say shib will crash… why? because i was new when doge was dirt cheap and people made me believe it would never grow and i missed out on early retirement… fool me once shame on you… you know the rest
who in here is ready to make some fucking money
it’s so cheap, buy more it’s better than a scratcher or a slot machine
sunny with a chance of lambos!
sitting on 170m shib. no paper hands here
a intelligent investor is an emotionally insensitive investor.
just put in my first order of shiba 👍🏻
sell so i can buy it low!
there is so much money, they cannot destroy us. just hold the line beautiful kings and queens
this mentality will get us to the moon
funny thing in this thread, you come back every couple days an there is all new people in here, telling you to hold an buy. because the last group has sold. in 3 days use will sell an then be gone. an in 4 days there will be new people saying buy
smart folks buying the dip. price is going up already
have a good one guys thanks for everything
to many of you guys are emotional trading. look at the graph lol every consolidation period lasts a few weeks and then it sky rockets a few 1000%. look at the growth and popularity of forms. shib isn’t going away. load up on this dip and get ready to take a 0
we’re either all getting rich or all going broke 😀
they pull and the price crashes. it’s a coordinated pull. then after it dips the same whale puts it all back in while the whales who held buy the dip. volatility will show and make extreme fluctuations
i'm leaving the game with 40mil shib in my account i'm not looking at it for a while see everyone in a year or two lol
if shib hits a penny ill buy 2 shibs so they can play with one another.
this is the time to buy!
i sold all my teeth yesterday to buy shiba. figure i can buy better ones when i’m rich. sure hope there’s no bad news today. what’s the latest, y’all?
just bought 18 mil more shib, let us go, buy buy buy
take this as a lesson— don’t sell the bottom
we are back in this game compadres 🚀
damn i'm jealous of you guys i only have 6.7m
i will buy 300 usd shiba nooow
we should be going up soon
1 going to get a trillion tokens
i’m buying a shiba lambo when i’m rich
hello, it is me former baseball superstar and shiba whale jose canseco. time to nut up and buy more shiba, i know you wage slaves got paid today. break the cycle invest in cute doggy so you can quit your shitty jobs.
is ready to join the !
hope everyone is having a great weekend, all of you magnificent bastards are saints for holding your sweet, succulent shibas.
shib needs to get in on metaverse. it’s the future!
i’m about to buy
i love how this chat turns into how the dogecoin chat was. shiba inu coin is doing good looking at the day graph in green, chat is super active. day graph is red, it’s crickets and quiet in here
reminder to buy when it’s red, it’s the best time to buy
just bought a little over 3mil yestetday... have not a fucking clue what i'm doing other than holding! take this idiot to the moon with you!!!
trading algorithms are manipulating things right now. it’ll be ok. just keep holdin!
just purchased 6.5 million today!
i’m down almost . fortune favors the bold!
everyone should pull out anything you have in robinhood. move it elsewhere...at least for now.
can you guys like my post so i get karama. i own 400 million coin, yet i can’t post any comments.
i bought into shib for the first time today.
i stacking dolla bills for if it ever goes down to .000025
don‘t you mfuckers dare to sell yet
hey y’all! it’s my birthday
we need a good pr stunt
remember to only invest what you can afford to lose!
i will be holding my measly 1.6m coins until i’m out of college
i just bought my first 134,000 shib... starting small. first time doing anything like this!
parabolic means "to the mutha fucking moon"
hopefully we can eat a zero during november
supply and demand. less coins means more value per coin
bought 15k worth of shiba, let’s goo
elon is such an asshole, he knows he can manipulate the market and keep doing it so ittesponsibly
any news abt the listing on robinhood?
who is hodl’ing with me?
like i said before. i hope this coin may make millions of peolples life better, therefore they do not need to become milionaires, a couple thousands could do miracles for let us say more than 50% of us all
shib people are good people
amc ceo asking if they should take shib. tweet him yassss
guys, i was a dogecoin trader a while back ago, so on the weekends the dips appear, it is happening again eith shiba, dont worry it will go up on monday
damn yall salty af. can we just chill?
***breaking shiba news: robin hood has just announced it will list shiba, found this out from my exes uncles nephews sisters brother**
amc is going to try and make shib a payable currency that should be huge
i feel like they curbed the shib rise last week when apps started acting faulty when shib was spiking
fuckin wild watching hundreds of dollars fluctuate in my wallet lol
kraken fx announces shiba will be listed
i am tired of seeing our government degrading the modern day traders. we all know they want to keep us all poor and obedient so we work for their companies and make them more rich but im sick and tired of them degrading us for trying!!!
yall need to realize too is that after hittin ath like 20 times on 1 day it needs a cool off period which is a good sign. the fact that its still hovering around 7 near the ath is really good i wouldn’t even trip
yes i am swapping my doge for shiba before kraken release for a total of 91 mil shiba, is that good?
when kraken? when .0001 when robinhood when lambo?
i’m creaming in my pants
don’t be a dumb liberal and hodl!
simple. hodl easy as
let's go brandon! it should always be echoed by all on the board.
im hodling… it just sucks that the rich have so much power over this game called life, kind of makes you sick realizing they can make or break an institution with the flick of a finger
guys i think i'm gonna sell... my kidney for more shib.
it’ll hit the 49 floor and shoot back up again. people have it set to buy.
just bought more. goodmorning from japan😄😄
some yall are some bitch ass 🧻🤲
shiba taking my money faster then a stripper and cheap cpt morgan
whale activity? i did not know my wife held shib
i swear all you lot freaking out over the dip either need to not invest an amount that you're scared to lose, or just stop checking your app every second and let it ride
man y’all bunch of debbie downers! think positive biatches!
40,375,000 shib at .00002077
across the horizon, lined with the valley's, mountains, and seas. there you can see, it is the shiba army. holding for their lives at the line, with diamond hands just like mine. <3
guys this is normal hold your positions. you know how many heart attacks bitcon gave?
volume doesn’t support any rug pulling. this is a good ole fashioned dip
based on the inflation going on, crypto is going to continue looking seriously at crypto as an alternative store of value. will it be shib? maybe…but right now there’s only about 900k holders in a world of 8b people. lots of room to grow and shib is still one of the top demand cryptos
buy the dip and shut your lips
hell yea! i’m almost down ! come on guys we can get me to !
i wanted to see the moon but instead i’m staring at the slums 😢
remember that time btc went from ?
i’m watching this shib burn and loving the chat going to see just how low she dips then going to fire what else i can afford into this
mm i'll slurp this whale squirt up
seems like a good time to put in another €50
i told my gf i made my fortune off of shib so if this fails then back to hookers and blow.
shib is being advertised everywhere rn
any hot chick's in here wanna get married? then we'll be like super rich! i'll pay for your tits! hmu, my aol messenger is the same as my name.
boys and girls get your seatbelts on the rocket is about to launch
didn't realize converting coins on coinbase did not have a fee. just converted all the random giveaway cryptos to pick up another 2 mil. not much but it is honest work.
whale is fk us and people start panicking but price is stable now guys , hold your position don’t sell it
just to clarify: i really don’t sit well with this saying, “don’t invest what you can’t afford to lose.” why mot switch that up and say don’t invest what you can’t hold for as long as you possibly have to without selling. why sell and lose when you can easily hold, not sell, and wait until the market trends back up and you won’t lose anything!…
i heard mcdonald's is hiring panic sellers.
it’s going to hit 64 today
everybody who bought the dip - congrats and have fun with your gain 😎👍🏽👏
just gotta keep buying and holding
they cannot stop us
i have 40 miil for
shiba paid of my ,000
shiba to a penny!!!!
never pulling out. i don’t even know how. i have 8 kids.
i leave for 15 mins and it’s back at 49, guys cmon now
what happend why the sell off, yall supposed to hold
this coin is too popular to stay low. it’ll bounce back within a few days.
buy more now if it drops buy more. the parties just getting started
might trade some of my other coins for shibu
we gotta get to 0.0002
new ppl don’t get thiscouraged if it dips again.
our baby is moving this morning!!!! 😍😍😍
got excited threw another
guys! i just dropped from 58 to 57. it’s crashing. shiba is finished
hope yall held through the dip 💎🙌 the best is yet to come 🚀🚀🚀
496m shib here lul
looks like a whale bought .8mil bucks this morning. they didn’t do that expecting to lose money 😎
everybody profiting over shibarmy
it almost recovered yesterdays big dip. that’s impressive
let us make the graph look like a stair case to heavean
been hodling since .000073, feels good man
but none of the wallets that he transferred too actually sold. so we bounced back like a mofo
ny can buy shib on coinbase!
finally able to buy in ny. yeaaaaaaa!!!!!!
im so happy i thiscovered shib when i did. ive honestly been pretty depressed since i lost my mom last year and never able to help her. im gonna hodl until my family doesnt have to worry about anything anymore. to the moon!
this weekend stability is good, won’t go lower this week, only up up and away
the 1m graphs don’t look organic.
millions of people watching
the called the early bitcoin investors crazy too and now those people are retired
on your tax return, in the box that asks if you've bought crypto, i just draw a winky face.
up 2% on the hour. let's make it 10%!
beware fake videos (youtube videos of musk and dorsey)... wrapped in giveaways... piece of shit scammers working overtime.
he must be lonely. poor fella... i wish him the best. from a fellow diamond hand to a paper hand.
i’m down almost ’m still holding. i was way down on eth and btc mid-year and it’s bounced back to all time highs. that’s just me though
buy buy buy!! 🔥🔥🔥💎💪
we are following very similar patterns to doge, btc, eth right now. bonkers. some big movement going on. i have no idea what it means but i’m curious. learning more every day
billboard up in detroit for shib🚀🚀🚀
just keep hodling. just. keep. hodling.
hodl you delicious mfers
just invested 10k in shiba
why is shiba going up like this ? specific reason for that haha ?
pathetic watching people sell, making 40 dollars lol
does anyone use coinbase? i recently noticed that shiba is only showing 6 digits to the right of the decimal whereas they used to show you 8. for example right now it shows me 0.000052 but it used to show me 0.00005249. anyone know of a setting to change it back?
988,321 holders. when we hit 1 mil, it’s going to get more media coverage. let’s go!
the doge statue has been done... i was thinking something similar at first but i feel a mask over the bull would be some kind of big move turning the bull into shib dog
typical hold time is now 18 days. its has grown and im proud of you guys!
i did buy i dip +60 mil holding 195 mil now
why don’t y’all just start hashtagging shiba every time you post something anywhere
correct, the whole market is down. i’m down , and . everything is down. you just need to realise, it’s not a shib problem. don’t bother investing in anything if you can’t bare to see your money dip.
new to shib. dropped ,500 into it
listening to the shib burn playlist in the meantime
hope yall are prepared for lift off 🚀
we need a huge burn like 1 trillion coins
is robinhood listing real news?
also of it does get listed how much pump?
are we taking off ????
the lion has awoke
all this good news but crypto itself with downward pressure is really compressing the spring. when crypto goes green as a whole i think shib will go to stratosphere.
just bought some shiba , first time holder here .
i know this type of investment attracts a lot of newbie investors, but i want to say; i appreciate you long time holders. this crypto needs more loyal fans.
can i just say how thisappointed i am in all you paper hand bitches. i’ve been holding all through the second half of last year and through it. i didn’t let no christmas or holiday pressure cave me in. but i know a hell of a lot of you all fell into that pressure to get you’re dad a whimsical ass gift from social media that he doesn’t give two shots about. do yourselves a favor and give your balls a tug.
5 upvotes and i'll put in another 1000
can we just get to ? i’m 20 and burned out from work
just bought some more shib during this tip. get in bois. we’re going to the moon. 🐕🚀🌑
boomers on robinhood will be looking at .007 like it’s a good deal
i just bought 29m shib
should i buy more for my birthday today?
i like how shib is consolidating at 0.00007 range. bodes well for next surge
elon can fk off
elon musk can bite me
it’s going back up. i’m holding 42m shib
all my caucasian friends tell me "you only lose when you sell"
there will be a zero thisappearing very soon
shiba fam! i sell advertising space on a digital billboard in a large north carolina city. anyone want to buy an ad spot to promote shib? we accept ! and we’ll design the ad for you. happy to get you more details. just dm me. -cam
bought another million this morning and up to 15 million now. here's to ! 🥂
everyone purchase , spread the word.
just bought more shiba lets go
fuck elon. unless he is gifting me a red tesla model x performance edition
is 260k shib a decent investment for a beginner?
just opens it up for more buyers.
just sold all my doge for shiba
lol damn let’s stabilize at 8 today…let’s manifest it please
i have an addiction to refreshing the price. it’s a problem
thats what everyoen is doin here, idk about the ppl outside
just bought another 1,200$
uk and europe will be drinking in the next few hours. its gonna booom folks!!!
better than putting your money in the bank
just bought my first batch. woop woop
i do a lot of checking the price for someone who plans on hodling for a year smh
got 150 to spend on coins. spend it all on shib?
who’s in the 10 mil + game
if we could break .00008 sometime tonight that would be perfect
just added another 400 mil shib
do you see our effort? please assist if you can l 🚀
just bought 11,000,000 shiba inu
i have more faith in shiba than the usd ... sad, but true.
look at the white paper. read what the project is about. this coin is going to try to become a decentralised stable coin (which has been the crypto unicorn) and i fully believe it will. do what you will, as its your money and your goals, but i want to see this project take off because if it becomes successful in its utility, it can provide a lot of financial independence for people from our shitty and oppressive financial institutions
shibaswag.biz just launched this tonight! only a couple of designs just to get it up but i got a team of dope fucking tattooers making designs that will be going up daily, ugly sweaters coming soon. 25% of profits will buy shib and send it to the burn wallet!
all i see are paper hands this morning damn. yall need to man up and be more like hilo2222
in the name of hilo2222 i'm gonna convert 500 cardano to shiba
do not look at the hour-chart... do not look at the minute-chart... just look at the day-chart and dream about the following days 😉
i only have . i could put more but i have what i'm comfortable with losing in it. the way i see it, any growth is good growth. ☺️ and if it is gone, it is not going to hurt me financially.
shib just tweeted that no coins were added about 8 minutes ago
sitting here on almost 900 mil shib (added some today, not a ton, just what i could). i'm not sweating one bit. been in for a while, so up quite a bit. this is how these markets go. it traded sideways for weeks. spread the word, diamond hands, relax (like me)
people need to stop watching the hourly under a microscope and just enjoy the ride to the moon.
praying for increases while i sleep. good night army! stay strong. buy shiba
may god have mercy on my soul this is my first time trading crypto xd
what i see happening in the future is a consolidation of 1000:1 like what safemoon is about to do so what this would do is reduce the supply your value be the same but you’d hold less coins it would encourage much bigger spikes
absolutely pointless selling, always expect a drawback after a ath
it dip on oct 24 to 29
going up already, was hoping for a further dip
got in shib early with ’m at , best believe im holding
all the drunk americans watching football
up 10% in the last hour!!
effing hold! edward paper hands
just bought 2 mil
i've just gotta say this is my first time investing into stocks as a whole and it is refreshing to see a community like this encouraging people to make money.
at least the tesla code is legit
shiba is up in 24 hrs and it was chilling mid 60s yesterday. dropped to 59 yesterday. it is over 70 now. hold
saw this in the 0.25 thread – what do you all think? "if every holder threw 1 million shib to the burn wallet it would be game over. we would be at .10"
just hold and see
sandbox made me alot of money today. shib been stagnant, however...i hold like a boss!
i just bought 1.8mil more. holding 78m to the moon!
just bought my first crypto
just look up shiba on google news. lots of good coverage in the last day(s) on credible news & finance sites. they’re signaling good stuff rather than bad
idk if i am stupid but i change my btc for shiba i want to beleive ♥️
i really think it is going to go to .0001 soon!
people from binance will start swappin doge for shib to hop on the train
fortune favours the brave
fortune favors the brave
this dip ain’t shit
…when it hits .01
heat in the shib chat
i just want my 1 mil...i can live with this for the rest of my life...i even know what i will do. everyday ill grab a bag and pickup trash everywhere. thats it
nah people saying this bull run will be longer
yall need to be patient yo
🎶 come on take the money and run 🎵🎶
should we buy or?
i currently have ’m not selling till it erases a 0. shiba is here to saty
i'd be happy with half a cent.
if so, let’s all buy more in the crater of a dip!
so should i just keep holding after the pump and dump?
when i dip you dip we dip...i brought chips for dip
i have 55m shib and am not worried. look at the previous times it has spiked, this is the exact same thing that happened each time
i just got the fear, sold, realised i was being a fucking moron and that this coin has way too much of a strong community to suffer a rug pull. got back in lost 5 mil coins. don't be like me.
someones out to get us but we will fight to the end because we all have the same end goal of financial freedom! we all want to enjoy this one life we get a little bit before we can not
about to throw in 1k more for the shiba army... who’s with me?
fucking hilarious how people put their life savings on this shit, how retarded can you get
volume increased over 20% 😎
probably bc an exchange just bought
i need more hookers and blow
everyone buy more to support my coke and hooker addiction
you guys are like the band on the titanic
man if we keep dipping like this i might just make a purchase and put myself in whale territory. all these tissue hands right before kraken and robinhood release.
buy or hold, never sell
hey if you are scared trade me some of your shiba on coinbase and ill gladly hold for ya and taking 50% profit
everyone loosing there shit over a dip 😂😂
i just bought 500
it’s recorrecting not plummeting some whale took profits big deal
just bought 2 more mil
just threw , 2 million coins. trying to help the bounce back. holding and slowly buying more with 140 million coins.
shiba news says that kraken has decided to not list. that is probably why it is dipping
holding 35million strong 💪🚀🚀🚀🚀
you all rock! im out for the night! to the moon friends!!🚀🚀🚀💪
it wont matter since its gonner facking moon booiiis!!!!
take care everyone and boogy included ;)
i will create boogy inu i would make money thru your name ;) hehe
i just got 350
not even the almighty boogy can stop these hands
just bought another 3 mil 😈
i don’t get it. at the end of the day it’s others investing. if you’re not putting your money into why would you give af
if booby knows so much about money, why is he begging paypal invites on his profile to earn a quick buck
we don’t need negativity to make this community grow
hooooooooodddddlllll bitches , i’ma see you on the green side tomorrow
gonna stop looking at the charts for the night up to 130mil
this is actually exciting to see it this low cuz it’s so cheap rn
i'll average up and get to 50 mil
*that moment you pull the seat belt too fasts and it locks up and would not reach the buckle.
it was crazy. i’ve seen dips before but this was coordinated to induce panic selling. shib has rattle some feathers
hodl now and if you can buy now because this is just getting started, look how far shiba has come and it has a lot more to go so dont give up peeps this is long term
really hope shib gets listed on kraken or robinhood soon
is it a good moment to buy shiba now? i’m a crypto noob
i'm not scared. i'm in for the long haul
i’m still buying more
he dip you dip i dip we dip
bout to pack a lip of this dip
i get a high when i loose money. the gettin’s been good.
too strong to sell, too broke to buy
too many damn crybabies in here, walking around in diapers, crying when things do not go your way. veteran crypto trader here. made and banked thousands on doge last year. that ship has now sailed. now in the shib game. you want to shake things up and make money? stop whining and do something about it! i have an account with rh among others and threatened robinhood this morning on twitter to either post the coins or lose 100% of my money. you want to see the gains?...go and tell your exchanges the same (including kraken and rh). that's what a true army does. the dogearmy moved mountains to get that coin to 1 cent, it will take the same effort by the shibarmy to get things on track. organize, set goals, fight together and stick to what you say you will do! that will get the exchanges attention. buy the dips...hodl only with 💎🖐's and fight! until then...stop calling yourselves an army!
i thought i bought low at 0.000069 👹
there are no youtube videos because those guys don’t know what the fuck they are talking about
i thought shib was going to eat a zero some guy told me to trust him
fk robinhood and kraken they can list these nuts
as lil wayne says "what's kraken?"
big fat gigantic whales squirted everywhere
wrestlingifc is a big whale!
we mooning tonight boys
lots of burns it looks like on shibburn.com
i'm looking for that next shit coin that will explode
i’m throwing more money in idk why you would sell especially if you’re down rn. don’t sell don’t lose
all this bootyhole talk is making me hungry
this is why everyone says not to invest money you’re not willing to part with (or at least not have at your thisposal for a good period of time). all the panic over a couple of down days. no stock or crypto in the history of ever increases in value every single day. it’s a long term game. you bought in with a target goal in mind. that wasn’t gonna happen overnight. wait until it does and don’t fret over the days it loses value. tl;dr: friggin hodl and have a beer.
putting in . join me.
someone yesterday said there would be one more sell off. didn’t even flinch when i woke up and saw sub 5. i put in all i could on the way down to here and am simply hodling.
bought 300 bucks lets go
i wanna eat steak at the titty bar today lfg!
can’t wait to buy my pack of shibas to pull me around town.
shiba wont die, stop panicking over a bearish week, think about the bullish months ahead
you know what fk it i’m buying another 3 mill who else is also buyin?
having a mojito while watching things burn, but having faith it will rise again. then its time for another mojito! 😁😁😁
let’s get some positivity going a bit yall! if shib hits ?
remember when gme tanked just a few months ago? the paper hands were on fire crying about the end of the world. where's gme today? hodl you lovely bastards, we can be the rock this empire is built on!!!
shib only needs to hit one cents and most of us are rich af
buy and fucking hodl
guys the market cap is 26 billion if he sold it wouldnt crash
why the fuck are ppl so bipolar either buy or sell don’t play with ma feelings
i'm gonna krak deez nuts on an open fire
hope you all bought the dip! we goin to the moon!
it’s goin back up slowly but surely lol
in the end the lesson will be that the lambo was in our hearts all along
payday tomorrow, get in now
are we going up?...
oh shit we just hit 54
guys imagine the moment yall open yo wallet and see millions of dollars
if i wouldnt need my car i would sell it and buy more shiba
shiba cured my erectile dysfunction
guys. i do not have enough money to keep buying all these yummy dips.
when kraken and robinhood list the shibs, we're going into the stratosphere.
some say buy to drive up price so they can sell. some say sell to drop so they can buy. trust no one 😳. that said…...hodl!!!
should i throw in ? i’m thinking about it for a while now
i'm expecting modest gains by dec. i'm expecting over the next calendar year that shib will probably be up quite a lot with nft's, gaming news involving shib, and also increased adoption.
be the pump you want to see in the world
just be cool - it has the attention of the world now ….if you buy you gonna make money like a mfkr…. but i have to buy and hold and like forget about it …. for about a year —-
hey i‘m the billionaire whale guy - will hold shib. diamond hands 💎👋🏼💎👋🏼💎👋🏼
everyone was so ready to get rich in like two days that now they lost hope lol pathetic
mandy indeed. leg up 2 weeks consolidation leg up 2 weeks consolidation leg up 2 weeks consolidation
everyone do not panic sell. we must buy these delicious dips and hodl.
we gettin back to 6 tonight
i just joined the 10mil club shib fam
you think all the weaklings are gone off shiba? only the strong remain ?
i just hacked the mainframe, setting the value to .01. free lambos for everyone, you thought
hey look everyone, another nameless future teller here to tell us how a week of sideways trading after a major run means a crypto is dead.
what about people in subreddits promoting panic and doubt so people sell so they can buy those dips?
imagine spending time trolling a sub based on a topic in which you’re not invested
i am one of the whales
somebody with a big swinging dick bought at 45...shot to 50 instantly
we need a 💎👏 chat
we shut down all major crytpo exchanges
shiba and i are in love she just had a litter of 8 half human hybrids we named the alpha elon
just put in another mil <3 shiba forever
catex exchange listed shiba [
for those who have not panic sold yesterday, for those that bought the yum yum dips, for those that hodl, and for those ready to take off any day now, i salute you. 👏
hello my name is gandalf, i have traveled many miles to tell you to stop being such a bitch and buy more shib
this is good, people waking up to green dildo and fomo
where'd the trolls go? lol
why would you sell now 😂😂😂
i just woke up and i see that we're up!!! let's go!!!!
11,34% last hour, veri niec
hold. the. fort ❤️❤️❤️
who’s here after shiba went up 20%
remember to always double down on meme coins you can’t lose
everyone buy 1k worth of shiba now would make massive gains
if we hit 6 i’m gonna have myself a lovely friday vodka
i think we can pump it but i’m not sure if rh can be relied on 😅
4h candle looking great
daaamn guys it is like my fathers 3rd day of crypto shit and dude bought his second k worth of shiba right in the dip. what a fuckin trooper
let us all celebrate, hold your drinks up tonight at 9:30 eastern time and let us have a toast 🥂
all my smokers roll one up
yooooo are all the paperhands buying back in or what😆😆😆
soo here is the flat stable lunch pad. everyone grab all the fuel they can for their rockets. cuz we gunna get a round 2 here soon
phew, i just put another 100 in, i know not very much compared to some but this is by far the most i've ever put in crypto. i just have a good feeling, and eh, if it doesnt work out a couple hundred is not the end of the world. :)
buckle your seat belts boys
we should start a reddit for paper hands posting thier ls
shib is doing nicely
i put ’t i am unfortunately super poor but i actually think this has potential and although i don’t have enough to put in to get rich i truly hope to see you all get there ❤️
i'm 29 , no kids no gf , no family , i live alone , have a decent salary , i bought back in may , and stilk buying dips till this day , all my hope is on shib 💪
ok, bought another 256k. to put me at exactly 50,000,000 coins. all i can do for the time being.
this some gooood shib.
shiba army code: we buy, we hold! this is the way! our goal .1 this would not be easy but no one said going to the moon was.
can we keep it shiba inu instead of that other useless trash talk?
if you become a millionaire donate to a charity and get a huge tax write off
stop with the annoying smilies and spam
over half total supply sold of shiba
it looks like something is keeping us propped up. i wonder if it’s an exchange or something that doesn’t want the bottom to fall out before listing?🤔
looking pretty good for a breakout on the 1hr… 🌚
same, also bought another €100 worth today
i can’t wait to take my morning shit tomorrow looking at my monday morning shib profits
holding over 100m of shib but also buying !!
aw no, here we go again
tokens transferred: from crypto.comto for 20,000,000,000,000 (,070,200,000.00) shiba inu (shib)
not the day to sell.
until it goes back up! hold!!
usually just read comments but just so y’all know... i am anchored in... hold the line...
report that guy it’s bots
where one succeeds, expect the government to find a way to ruin it in some way
there are many ways to avoid taxes with crypto, government can eat my ass
new to shiba, but love the enthusiasm. buy, buy, buy. i'm in. too the moon.
anyone notice that both shib and doge pumped at almost the exact same time last night?
for the last time it does not have to hit a penny for you to become rich. you just have to buy and hold.
soon guys, very soon, so accumulate that shib
shiba charts look so algorithmic compared to others. i think something is keeping us propped up until the next big run. i would guess another exchange trying to make sure there is still enthusiasm when they list
i think its funny how og stock market guys are like “kids these days are all about speculation and popularity investments” im like shut the f up old man your the same as us you were just sippin scotch and smoking cigars at the country club listening to your rich friends trade insider info and create hype haha
so, with that…i will continue to hold!
if it goes below 50 i might go full retard 🚀🤷‍♂️🚀
hodling 350m shibs. it’s a bitch walking them all but i wouldn’t have it other way and when i do all the ladies ask to pet them.
not gonna lie i had to sell . all good tho
what will it have to hit before you sell? i would love to see at least .02 depending on the momentum and as long as people do not lose their s*** and keep holding i will keep holding. i have no idea what it could do. .50?
hold the line boys
i refuse to cut losses because that means i’ve just handed money over to whales and people who got in ahead of me 😜
and for others it is simply to buy and ride the wave and get excited about that, everyone bands together in this for their own reasons but the main thing is, everyone is banding together, that does not really happen with other crypto, not to this scale, other crypto is just trading, making money
elon twitter's, that he do not hold any shibas... robinhoot is not in hurry to list shiba... kraken fooled us... whales fool us whole time...
shib will be one of the core currencies in the future metaverse! many realities will use many different cryptos for currency, but just like in the real world, there will be major and minor players. shiba inu looks to be a major player accepted across many virtual worlds.
look at doge, ether and bitcoin. they just took hits too around the same times
paper hands just handing money over to the whales
we must have 💎👐💎
enjoy the ride 💎💪🚀
been tracking holders for a few weeks, we gain on average of 5000-6000 new holders per day, so people obviously have faith in shiba
we’ve added like 3000 holders today
we're going to the moon...via a rollercoaster...it will take a year. hold strong, soldiers. we can do this.
hey guys if you look up the bigger entertainment burn party in a little over a day there is been over ! they are already out of items!
amc holder here and former dogecoin rider: good luck guys!
let us go brandon
can’t blame them. lot of newbies. i’m not gonna claim to be a veteran or anything. we’re all learning a lot and that’s good. i just refuse to sell at a loss because that feels like i just handed my money to a whale. that’s how the house manages to always win. best strategy is to just hold hold hold
boys and girls this is still cheap!
who else noticed the shorter number on coinbase 😎
shibarmy is growing by the day. we will have 1 mil holders by end of yr. more will follow 💎💪🚀🌕
when are we pumping?
i have 8,856,819 shib jus hodlin 💎💎💎💎🙌🏻🙌🏻🙌🏻🙌🏻
hey, if i doubled my investment i’d feel good 🙂. i’m just happy to stay ahead of inflation
.005 by february 2022change my mind
we just crossed 950k holders. you must’ve been the one to push us over. thanks!
the entire market is down. even btc and eth are down from their aths this week. just relax and wait for things to bounce back
especially if the burn parties continue monthly or bi-weekly as shib continues to grow & bigger entertain has more merch for people to buy it will definitely help in the long run
we hit 1 million holders today!
“onlyfans accepts shib as payment” 😂
we need to get more people into shib. if the reddit community is anything to go by- there’s currently 127k followers here. compare that with over 2 million followers on the doge page. also we need to facilitate a way to burn coins for crypto dummies (like me) and then hype the shit out of it on tik tok. buy half and burn half.
i remember when i owned millions in doge. then i sold it. then it went up to .70. then i cried. i'm holding my shiba. lesson learned
rocket is being fueled up. next destination pluto 🚀
as much as this tanking is worrying. i try to remember the quote i read some time ago. “be fearful when others are greedy and greedy when others are fearful” ― warren buffett
i was reading doom and gloom shit when doge was at .000026 and then after 2 years it hit 0.25 cents. relax
if you aint here to get rich, then this am not your coin bruh. go buy some eth if you want retirement money.
it is gonna hit 10 bucks by dec 1st, by more of it ;) welcome jdott
you are all pussies say your holding while selling. bitches
did anyone check on the guy that took out 19k from his credit card to buy shib?
todays black friday deal looking good apes
it requires bjg pump atleast from some millionaires if not billionaires
don’t come in here with that negativity
i contacted kraken support yesterday and told them im a shib whale and i want them to list shiba.😂
buckle up shibarmy! 📈🚀🚀🚀
sorry sold a couple thousand to send my wife out on vacation with her boyfriend, still plenty to hold
shiba is out preforming bit coin 👀
gotta focus on spending time with the family!!! being close to the people who love you is all you ever need in life, even when you seem like you’re loosing your mind on worldly things.
is more than 1m strong... if only 500k starts playing shiba burn playlist for atlest 4hrs a day, we will achieve our goal sooner than predictions...!! but i dont know how to reach these 500k shiba solders and tell them to play shiba playlist...!! 😞😞
just crossed my goal of 200mil. now i've moved the goal post to 500mil. i might need intervention before i end up divorced.
i'm thinking about buying some shib this morning.
shiba will go to moon if the joker coin did a coin that plp use to call worthless coin reach nealy 1 usd all time high 61 if am not wrong thou it take some years why shiba inu would not do the same ??? just have patients and wait ,because of my own inpatients i trade my 100000000 dogecoin back in 2018 you heard it right for a nother coin and now i regret my whole life still working 99 and liveing off food stamp to food stamp because i was new to the cryptocurrency world . now moon or on earth am holding now 500000000 million shiba inu and 50000000 shiba inu for my stupid mistake back then am in the game to win or loose this time 💯
i'm thinking this may seem counter intuitive, but i wish announcements about shiba being accepted by different entities would wait until after ryoshi's "massive burn". if the day trippers jump in before that, it might keep our little shiba value low.
if you sold shib... plz just got the fuck out of this lounge... do not need no negativity... yo mama!
looks like shib is getting started back up. slight move in positive means. haven’t seen that in a while. shib still has life…
unfollow askthdoctor on all platforms they are a scam
merry christmas and happy holidays shibarmy 📈📈📈🚀😁🥳
merry christmas, prosperous new year to all shibas!! hodl tight!!
this sub is honestly full of moon boys who want to see profits immediately and it’s super annoying
will shib hit a cent?
it is the explosive potential that keeps me holding ... not much to lose... so much to gain!
i buy shiba and doge all the time. one week is shiba the next week is doge. small amounts. while i thislike seeing the crash… i hold until i am rich. to the moon baby to the moon!!! i have about 40 mil of shiba and few thousand of doge. i will sit and back and watch. life is good.
glad i held my 80mil shib through the swings
lets go party people
also its awesome that we were one out a few coins that we’re pumping yesterday while most of the market was down
175mill shootin for 200 keep holding strong, when bitcoin pops back up it will take shiba with it
i remember the hype… then it dropped drastically… i never had so much money before lol… wonder if we will see such massive pushes again to take down a zero??
next thing you know biden took office and everything went to shit just saying
anyone else bought the dip back?
bear = down, bull = up
bull run = massive buy
so, hats off to the bull!!
paper hands = sell or buy based on emotion, which will always turn out bad for you.
"wtf i buy 50?!?!?"
would you trust someone who already robbed you once?
we dont need rh
if doge made it to rh shiba can
get snoop dog to say something about shiba and we got traction
i just bought 9mil more today up to about 12mil total
after 24 hours we’re finally in the green again 🚀🚀🚀🚀
also getting my own pack of shiba inus to fly me to the moon like santa’s reindeer.
my spotify algorithm is gonna be so fucked up from those burn playlists lol
i'm willing to burn 1 million if everyone else does it as well
i only have 2m in shiba. i aint burning shit
hodl 100m shib and buying!
come on shib army it’s time to walk the dogs!
besides how to dress and talk to women.
amc is going to start accepting shiba?
just to make sure im right, burning coins = less coins in circulation which boosts the price
i’m up 25%, wish i had invested sooner, but just happy to have invested at all. diamond hands, team.
it will hit .01
just put a grand into shib
man i'm glad i bought more yesterday
anyone saying to liquidate savings or 401 for this shit is crazy - spend only money you don’t care to lose - like a weekend in vegas!
i just cashed my moms 401k without her knowing and went all in on this
i’ll probably get myself to about 3m coins when i get some more money, but that’ll probably be the most i ever have
re-entered 6957 600m tokens
guys, im paying a publicity in the freeway for shiba, can any shib fella send me a really good publicity for the team? im investing in multiple places the same. all for you my shibs. i will hodl you until every single one of you is rich
if it hits .01 i’m buying everyone reubens
just bought more shiba!!!!!!!!
i am gonna make some coffee ow
what a wholesome chat
.01 by next xmas
you’re all top people. what a community, i am in awe. bravo and god speed. 🚀
do not think shib is going to dip anymore... been staying in the 7 digit all day. undecided whether to buy or wait for a dip lol
gtfo with any other crypto chat. sell your wares in crypto lounge you bawbag. this is shiba territory
shiba to mars 🚀🚀🚀 28.5m let us goooo
it is not fucking late
when it hits .01 who wants to go get a drink to celebrate?
100 million shib and a dream
just buy 1 trilion shib
shiba is getting everyone involved. i just checked my feed and a few friends who are first time investors all put 50-100 bucks in on shib!
guys, if the price turns up from the current level and breaks above .00008854, shib could rrally to the 300% fibonacci extension level kill another zero and start a fresh movement at .00010349. diamond hands shibarmy!!!
very steady climb since 12pm today , good momentum and great consolidation !
bought 1.2 million, hoping it hits the 1 cent mark
alright, let us make a deal time! i'll burn a 2:1 rate with this entire chat for the next hour. will send txhash and tt. only ask that you do the same!
honestly why do people panic sell? on a dip??? 😂😂😂 some of y’all really shouldn’t invest
consolidation… i miss the adrenaline rush of 🚀
impatient motherfuckers stay losing
hodl with me everone. it’s food stamps or ferraris. fuck mediocrity
i only have 1.5 mil :
using coinbase as well
maybe that is the difference
holding 341 mil shib
who has more than 10m coins?
.00008 by tonight get a zero off my next week
new here... doing my part with 11 milly just purchased
i've already told 4 people and they are gonna buy
should i sell some of my bit coin to fund my shiba ?
i will put in another :)
this shit’s about to burst 💥
19 minutes - everyone good with doing it exactly at the hour mark?
take that negativity some place else
and it is bound to go down a little no?
i am just going to leave it and buy more if it dips
i truly think in a year to two and a half at max we will see it get to a penny
we should start a move to push and buy more shiba 🔥😁 enough with this holding, lets start buying more 🔥🔥🔥
ngl this drop has me on the edge of my seat 😂
i just figured out that on binance that they are offering flexible savings options on shiba!
i’m thinking about putting the title to my house on the line
just bought another 1k worth of coins
keep buying and holding people
just spent 2k for 20 upvotes here
like i said before, i’m in it for the big money, not pocket change
i just bought my first crypto ever, 50 euros worth. i hope this lives up to its hype
this is a damn shib forum. get out of here if you want to advertise any other coin. rule ya plebs
bull run happening soon
buy and hold why the hell is anyone selling
shiba to the sun.
oops bought too much too early yesterday, half my stack was bought around 74. i was feeling it but it’s ll good we going up way past ath soon
maybe we retest .0000674 and shoot up, but this consolidation is looking nice on the 1 hr chart
123 million shiba inu coins, you're talking to a future billionaire
i robbed a bank to buy more shiba
don’t be a fucking pussy and hold
this is the biggest problem why it cant be 1 dollar so we need to burn, burn ,burn
i think i’ll have to stay on 22.5m guys, if i keep buying i ain’t gonna stop and i need to control myself haha
any news on robinhood?
let’s all hope it works out for us as a community and we can help family out. if not, also fine but we gave it a try
your not gonna be a millionaire in 6 months. but so far crypto has given better returns and it possible in the long run
where is the shibarmy now? we have to keep on moving 🔝💪
the point many people have said many times over and over, this isnt a get rich overnight play, you buy and you hold. the implications shib is going to go up are talked about by several sources. so, you buy and you hold.
stop worrying about this dip. it's not a crash, just a dip. it's the last weekend at the end of the month. professional traders are profiting on their gains and closing their positions. it's going to be a boring and slow weekend. not a crash. just a dip.
don’t dabble with the market if you’re scared with 15% dips
the one thing that will add tremendous value to shiba is when the devs start up the exchange for it. that will completely solidify shiba as a solid value in the market.
no one said you’ll make it out in one piece lol
nah do not make elon involved in this because then it creates a reliance on "influencers" to pump the coin, this should follow the concept on which its built, decentralized finance, the peoples coin endorsed by all people not one specific hierarchy, in my opinion it will gain more tractions and drop zeroes this way
but if it happens tomorrow then everyone's best buying now in this dip before it does rocket!
i’m gonna hold off on buying more because i want to diversify my cryptofolio
buy buy buy and hold we do not need to burn more keep buying and holding if you want the moon
so is it normal to dip like this. new and just bought 1 million
double the amount of people will hear about shibb now with seasonal family, bet this will go up
even if they do not list it, it is going up.\]
the dude who has 5.6 billion worth of coins needs to take one for the team and burn like 2.5 b of those and make us all rich
be patient and hold! this is just normal. all coins has it’s ups and downs like put always up. this will to.
all the drunk americans watching football are gonna ape in. i know this because i’m one of them.
paper hand bitches not wanted ……
my 300m is not going anywhere until we knock off two 0's at least.
hear that. selling right now is some of the dumbest shit ive ever seen
gonna hold even if it doesn’t hit 1 cent by next year!
they definitely curbed the pump
to the moon boys 🚀
little paper hands already getting out for little gains . awww too cute
better before it gets crazy expensive compared to wheee it’s been.
tomorrow we will break another 0
for sure, its always good to be skeptical, especially with all the propaganda run through media and social media
all i have to say is i better see some of you uglys mugs driving your lambos down wall street with shiba inus sticking out of your windows
everyone ranks tryna say we are broke nigas up in here
numbers are up right now. why are people freaking out?
pretty soon people will be saying i’m glad i bought on the last decimal point lol
sitting at 150 mil coins as of today. gonna keep buying.
if we hit eat a 0 by the end of november i’ll know i’ve made a good choice
can shiba get to .001?
lmao i feel that
i hope all of you are able to buy lamborghinis, tortellinis, and fettuccine with these gains
should i invest in shiba
threw 1 k in after buying a 3060 yesterday with gains let’s go
welp, ive bought another 1.1 mill just now, so got 2.1 mill now, i hope you guys are right. no clue how much i can expect from such a small investment, but if it turns positive at all, ill be happy.
i have a feeling that the media and bulls are tryin to talk shib down so that it lowers the price so that they can jump on 😭
no one really knows it was going to go down it’s been holding so strong at seven. the lowest outside go over the weekend was six but since this morning i don’t think it’s ever going back down there i hope not
yeah i expected to go up i’m holding forever
i am sitting on my 100 mln till they hatch
snowden only warned against putting your life savings in what is essentially a meme coin, that applies to any investment though
shib is just getting started.
just remember coins that drop hard bounce back hard
hold! fortune favors the bold!
overnight millionaire sounds cool, but so does becoming a millionaire in 5 or 10 years. patience is a virtue
i actually just cracked the 2 million mark haha lets go
do me a favor boys, hodl til we eat a zero plz
all the way to .0001
just ceep calm and relax... please give it time... chart will rise and fall all the time... but in long term i think it will slowely rise up and up... just relax and dont watch every minute ;-) hold it as a long invest...
i would have expected a little bit if a bump in the run up to it being listed on kraken. its been flatlining at 70 for days...
i put loads in doge coins mom
just bought +1mil shibas 🤠
the patient will always be paid by the impatient
imagine worrying based off a little over six hours of activity
we really need a green boner in the charts right now
if shib does go to .01 or even .001, i'm going to put 50 grand each into a bunch of new cryptos.
anyone know how many hours til kraken listing?
people in a month will be talking about how they wish they got in at 7 😂
i’m about to toss some chips in this next dip
goin to convert alot of my shiba to eth when i cash out
2.5 hours from now
imagine arguing over social media 😂
👀👀 soooooo ahhhhh how bout shiba guys 🙂
bunch of d bags selling
"oh yeah, once i had 200k shibe...but i sold it for a pizza before it got big"
we should all go and download kranken’s app to show how much publicity you can get from listing shiba. robinhood may list it then and we could actually have a shot at .01
just hodl because it could get ugly soon... hodl
these changes are minor. if you’d bought .0007 and it dips to .000065, you’ve lost like . that’s a spicy chicken combo at wendy’s. not a huge deal.
this kind of stability at a less than week old floor is fantastic. this chart looks similar to the post 10.
just bought my first 3million, let’s go baby
and i bet you sold
will buy what i can every week so something like a .5 is more possible 😂
so, just to clarify. how real is the kraken listing thing?
y'all have to stop freaking out every time there is a dip holy fuck
if rh ever lists and the other places that have been talking about listing i think itll get up to doge levels faster than most people think
all you can hope for now is that the community continues to rise steadily
without a strong community, even a penny won’t be attainable
paper handing will only get you killed
no matter what should i diamond hand my 10 mil shibs
just jumped in with 8.8m shib
hr and day times do not mean shit. it is the long term that matters. so what if it is down a few% for the day? look at the bigger time frames. shiba is fine and healthy
as long as you bought you a king
still up over 700% in one month.
fortune favors the bold. fortune favors the hodl!!
ask hookers if they accept shib
havent sold anything, been holding and buying
people… how many times i have been telling you? hold shiba?
wish i understood what was going on
now is the best time to buy guys get it cheap while you can just got another 10mil
what's the best real-time chart you all use to track the price of shib?
not sure why everyone’s panicking it dipped to the same price on the 31st
it’s a mf marathon not a sprint let’s get this money
1 day:-15% 1 week: +26% 2 weeks +114% we are chilling diamond bros
holding till its all zeros be that as in 00000 or 100000000
i own 400 million coin. and i’m not going to sell until it reaches 0.50 cent
short term honest opinion... if we get one more big rally, i think the hype from the media will be insane and will give us the momentum to get to .0005 if not higher. just have to be patient.
i love losing money…it’s my favorite hobby!
you are all acting like a bunch of little girls
of everyone spoke like they actually understood the risks and how quickly these things can escalate i wouldn't be so concerned. but i am seeing so much willful ignorance and it really concerns me.
paper hands and a little willy
only spend what you can afford to not care about. then hodl.
where are people getting this friday 7pm? i didn’t see them tweet or announce
i am holding, i would buy more if i could ready
at this point i'm not losing anything by holding, just perceived value
what a great time to buy!!
get iut while you can
one last thing im going to say before i sleep, please for all of us and yourselves do not sell! no need, money if yours and yours is ours at least lets all have a beer together or boost this subreddit! come on guys, have faith, dont hope... faith! night… 😴
the fud is strong
sell your house to buy shiba
omg i bought 1k worth at 7200 im so tilted
just bought at the low to enjoy the high even more
i saw a dude down 10k rn and he chillin i’m down like 50😭 bruh if he chillin i’m chillin just hold and if your scared then don’t invest nomore and just hold
im going to invest more when i get mh check tomorrow
boogy is literally a wallstreet plant trying to get y'all to sell cause he knows a pump is coming
buoy low sells high
some of y’all doubting shiba, why y’all even in here then 😭
this has been news for over 24hrs and boogy is just now finding out that should tell you everything about his advise right there
luv 2 in vest luv 2 take riskz! win some lose some
shiba army too strong to stay down 💪🚀🚀🚀🚀
next meme coin is boogy inu
i lost it. u?
thisappears as soon as the price starts rising suprise surprise
imagine selling at loss
just bought another 2 million
if you dont sell you dont lose
chances too win the lottery.1% chances to become a crypto millionaire 1%
hit 60 for about 40 seconds on cdc, that is exciting. i'm just enjoying this emotional rollercoaster while still being 10x profits.
plus kraken 7pm bonfire night according to this chat
be careful for whales they bring negative things so when they scare the people they buy knowing is gonna go up
ready for this lambo 🥰
it’s finally going back up holy smokes boys
i will give him £5 if he fucks off.
what boogy does not realize is i only invest what i can afford to lose. so either i make money or i dont. whatever. i do not need a guardian angel trying to save me from a bad investment
i’m holding my 100mil for sure
great job holding everyone. 💎💎💎🚀🚀🚀🚀🚀🚀🚀🚀
so should i dump my dodge and shiba profit into this
for some reason you guys give me faith in this
the price is jumping crazy
but japan will open
who here hates looking at the price every secons
problem is progressive loss and foundation keeps going lower. i’d people would just hodl… stop the panic get out and stay out... the real mfers are here and will be exactly that here... hodl 🚀🚀🚀🚀
smoke a penis more like
buy on its highs and sell on the dip. maxing out credit cards
i eat fud and have hella bowl movements. 😬
so this is scam for real... found it on twitter... hope, that not too much ppl will trust them and loos all money 😢😢
here to read the comments from school drop outs living in studio apartments, investing massive money into something they do not understand, in the hopes to become a millionaire
shiba also isn’t able to gain numbers around 1 cent
we have to create a fomo
what are you actually predictions for shib (not what you hope for)
💎🐕🍄🚀 (diamond dog mushroom launch)
aren’t most crypto noobs like that though? they think they can make + off putting in
i'm just mad i do not get paid till tomorrow 😒
buy daily so you can get a good price
i feel like the people that bought doge at .70
i’m like 3k down and still hold
i’m hodlin till be get past this storm
most crypto investors want the end result and they don’t want to put in the work and be patient.
i had a lot of dip last night and was still a little hungry this morning. left a few for the rest of you
don’t trip on the dip just sip
anyone too weak to hold, i can put my wallet address and all you weak hands can make a deposit and will sit on it till you feel diamond again! thoughts?!
y’all are some true shibvangelists
it’s falling like a knife it’s going to add another zero lol
dips been on the menu for like 3 days lmao
i swallow dip like long cut
who tf sells when they’re in a loss though
this thiscord is toxic, i am leaving ya all and buying some shib
sell mad shib that’s a no no
i reported joke biden and reddit said he didn’t violate their content policy lol
this dip getting my mad horny
how tf did it even drop this much
just bought 2 mill more, yall need to relax
i dont understand paperhands lmao did yall think this would just go straight up? thats not how this works
please keep selling so i can buy the biggest dip of my life
this is intense. everyone who says different is mad
i have seen a lot of cryptos fall, this is crazy. 11% down in 1 hour haha
i’ve been invested in crypto since 2017. this isn’t normal behavior. this is a major crash. easily the worst i’ve ever seen.
perhaps rh is just manipulating to get the price lower to buy more to cover their listing.
i’m tryna go ahab on these whales
let all the noobies sell at a loss, everyone has to do it once 😂
is shib crashing crypto? asking for a friend 😱
why would you sell right now and lose money lmao
you don’t lose money till you sell
crypto is down across the board.
i thought i was buying low yesterday haha. oh well! still holding
i removed the sell button from my phone
why are there no shib utube videos right now?
i sold my goldfish for this
i got a feeling because of this doge will go on a bull run but im still buying fuck it
buying crypto is like a water slide, it’s awesome gaining momentum on the way up and the slide down in tears! 😭 😂
i have now almost 10 million shib
climbing like 100m per day
unrealized loss means nothing matey. btw ppl, all my coins are down rn.
just starting to buy the dip now
i deleted the app. gonna check back in a year or so,
cannot wait to buy my mom a house and my girl a ring !
shiba dip with your crackers m8?
just bought 10 mil more
shiba shiba to the moon shiba shiba you sold too soon!
i'll tip a bitch at applebee's . these current rich ppl am not ready for my broke ass
just bought 2.7m not long ago 💪🏼🚀
shiba shiba to the moon shiba shiba don’t sell too soon
if it becomes obvious the whale has not liquidated a large portion prices will shoot up again
i'm still up. once it dips below 0.000015, then i'll be worried, but still hodl.
fuck it buying more, graphs don’t scare me
shib cannot hit a dollar that is tru but it does not need to hit a dollar to make many people happy. the dollar could only happen if they burn a shit load of coins which is not gonna happen
just bought 1 mill more
just bought about 1million shib
guys, we’re up 10% in the last hour. where are all doomers who watch the hourly charts and cry when it’s red?
if shib hits ’m getting a shiba
let’s get back into 5 baby
a penny will never happen but hey dreaming is free
everyone who buys now, hope you enjoy the gains ;)
so glad i bought more. 13 million holder right now… to the moon bby!!
just bought another 15mil, let’s gooooo
if you bought in at 42 looking solid right now
there's no such a thing as coin fucked up yes shiba started as meme but it is building more and more crap around it i wouldn't call it a meme coin anymore... yes i hold shiba but i hold far more cardano in my heart i'm ada fanboi shiba is my second <3
"it is blue cheese with wings, or go fuck your mother" coco diaz
keep the positivity everyone hold till it is mooning and do not stop
its climbing. hold hold hold
i bought 300 but i’m thinking about doing 200 more but coinbase won’t let me 🤡
this coin is as stable as my gf
if i had doge i would be converting it asap to shib
i’m not being funny , if it hits 64 or even 60 tonight i worry the paper hands will destroy our bounce back . for the love of all that is good in this universe , hold so we can space this shit out of the orbit !!
to the moon. buy more now. price rising
i will be donating 10% of all shib earnings to help feed the homeless
wheres the shiba inu dev team?? why dont they say anything
y’all why did i just see an ad saying burger king is giving out crypto currency with your order
the fact coinbase still has shib in the app name beside btc & eth is big guys. shib isn’t a 💩🪙
dude shiba is rising again!
so just hold guys
the next grand theft auto game will introduce an in-game cryptocurrency to the franchise, according to rumours. contractors will reportedly pay the player with the virtual cash when they need to make thiscreet, untraceable payments.
i should probably get off this and get to work lol
going down once again
bought , nothing but patience
20mill plus gang, where you at? are you gang-gang?
i just wanna buy my first house man 🥺
everything i say is serious financial advice and i am a professional. that being said burn all your shiba
🤷🏻‍♂️that’s the hope. but it’s like tryna read tea leaves right now with this coin
buy the dip. this *is* financial advice
you've lost nothing until you've sold
or we’ll be eggfaced mf’ers together 😜
this is for the long run all you pussys sell and lose your investment while we’ll all be rich
i just put in 🤣
when the celebrations are done, there will be a lot of diwali money to invest in shiba! shiba dibba dub dub brothers and sisters! happy diwali!
good time to sell doge and buy shib
wish i took this seriously last year, too busy buying masks to be able to go in shops 😞
for those who bought at 0.42, you are looking solid
anyone want to do a coordinated effort on buying?
who’s still rippin the dip?
i’m tryna pack a double decker horseshoe of this dip
i was able to get a number of my friends to each invest :)
ow yeahh shiba is entering the gold zone right now
shib is now 6th on coinbase!
if you put techno on in the background it feels like shib is always pumping
untsa untsa buy buy buy
hold for generational wealth
i will buy up systematically every week. for a certain amount of currency. to stash my tokens. and ride out 3 year’s minimum.
this should move big when they announce robinhood to the game...in the long run and with the popularity of this coin, no reason it cannot do what shitty doge did...js, my opinion only and not financial advise
my coworker sold his 140 million today at the bottom of the dip. i’m going to hire him in a few years to mate on my sport fisher!!! 💎
he said he would lose money if bitcoin lost money not doge, he probably has barely any doge and knows shiba is going to replace it but does not want to get blamed for it
hindus across the world are celebrating diwali. the five-day festival of lights is one of the most popular holidays in india, and thursday is the main day of festivities, when the faithful pray to the hindu goddess of wealth.8
my grandpa retired poor because he pulled his investment on a dip… i buy more on a dip
my grandpa retired poor because he did not buy shib.
stop selling decide what color you want your lambo in
safe trip tmw to the moon boiz
hello it is me the shiba whale, the others are bill gates and former baseball superstar jose canseco. we want you to know that we're not fucking selling because we are not little bitches. nut up you pansies and buy and hodl
asia crypto whales omg
every night its 'wait till asia and china wake up'' and nothing happens lol
''wait till asia wake up, they will save the day'' lol
i bought 5 mill and i can sleep now. might convert if it spikes like a retard if i catch it. good night fellers! hodl and dont panic!
don’t worry guys we got this if it crashes we just buy the shit out of it…
had he wanted to pull out we would be at 00000potatoes
shib is amazing … imagine a game like decentraland or axie tied to it lol we rich
we want it to grow slowly, correct? you cannot have parabolic growth and sustain it. the price will always correct itself. but with slower growth, it would not crash as hard.
how many of us downloaded kraken because of their false promise?
i'ma be back next week to smack the lips off the non believers
if the whole point was to be ultra rich? then why wait to lose half your wealth to sell????
“the stock market is a device for transferring money from the impatient to the patient.” warren buffett “
make sub private, we the whales now
just remember guys i’m head off. burn = increase in your investment into shiba inu. fack all the fake shibarmy. hodl and recoup your losses by flipping the lows .
i’m gona make a token called hung shib inu … any takers ??
i prefer slob on my knob by three 6 mafia
paid off my lawyer with shib and he bought more shib
i remember when btc dropped 50% just a couple months ago.
i’m hoping my negative attitude will encourage you to spend all your money on this so i can recoop and get out from this shit show. who needs groceries and rent…buy buy buy
it’s getting hangry in here gonna take off all my clothes…
there are a million millions in a trillion. right now we are burning 100m per day. so at that rate it will take 27 years to burn down 1t. so….be realistic 😜
the fibonacci says we are going to moon in a lambo.
yay my tits are jacked. money dollars america. shib is my jesus. yay. woohoo. lfg. i love life. i can’t wait to keep living.
he has lost money
imma be scrooge mcduck rich
look at the btc spikes and doge in the same time spans
i love shib and shib loves you so that must mean i love you too.
i love you anon
ok you degenerates. whose buying this rip?
the main heads owe us something
how many shiba are yall holding
hurts to see, why is everyone selling
connect a line from oct. 25, to today’s low at noon, and tonight’s low at 11pm. and the downward angle we’ve been in. they intersect soon.
time to man the fuck up lets get this money hold that shit
if al bundy can score 4 touchdowns in one game for polk high... anything is possible 🚀🌕
get a bike, save that gas money and put it on shiba
yeah dude, it is like they are sitting there with their finger hovering over to the sell button waiting for it to go below 5 for a microsecond
whales 🐳 control most of the market
it's just one week, lads.
it almost seems like something? maybe an exchange about to list? total speculation but something pumped us back up
good point. especially since everyone knows today is the day we head for the moon!!!
he was joking about when he gets rich. not trying to demoralize us (i think)
we bounced back out of 4’s. that’s good. didn’t keep going down. promising sign of a turnaround
btc or eth... yea... if ya got a spare 70k lying around go ahead and buy man
i'll see you diamond hands later, i have stayed up long enough watching this shit for the east coast
big jump today 🚀 ?
dancing around 51 which is good. thank god we didn’t continue yesterdays downward. that would have killed our momentum
i stayed up all night and put in 500, battle weary
giving the dog a bone ^giving ^the ^dog ^a ^bone
love this community, 70mil and holding till i can prove everyone wrong. stay strong kings
i stayed up all night with our baby nursing it back to full health look at it go!
top mover at bitpanda as well
guys !! we have some positive movement. weekend spike coming
show me a .00006!
i’ve only put in money i can miss so honestly i’m not selling until it’s at a penny
if analysts say to sell, i am definitely a buy.
it’s going to be a fun weekend. imagine selling yesterday
i am looking forward to new year and it could be to the moon 😁
new year new moon
doge should of crashed shib is a better product
the journey to the moon is never a straight shot, just buckle in and enjoy the ride
more canadians and german have joined
i think everyone’s life at the moment
to conquer the world
my shib is so hard; it’s about to shib all over the place.
taxes are for suckers. just spell your name slightly different on your crypto exchange accounts. works every time. you’ll also have to leave the country and never contact your loved ones again. but it works every time.
typical hold time now up to 11 days, we are getting through, buying and holding is how we win
we gettin 1k new members everyday on this sub
just bought 1.3 mil shib
nobody talking about shib joining wealthsimple
just bought more shib +2m
i have enron stock i can sell you
but dat shi so addicting
also wasn’t robinhood supposed to add it on the first and never did
it won’t get to a penny unless large amounts of the supply are burned.
your welcome, stay and hodl your position. and stack it up with . do that for at least 3 years and you would thank me for it. don’t listen to other noobs and do not let fear get in your emotions
don’t burn this opportunity for temporary comfort. hustle now and shine later!
exactly why you should only put in money you can actually miss. like that you won’t be tempted to pull it out when if drops slightly lower. don’t put your gas or grocery money in
this all i will say 💎✋🏾✋🏾’s nothing more 😂💪🏾📈📉
is shiba like bitcoin in that if you keep buying 100 here and there you build coin and then some day it will go up? what’s the purpose in buying more and more
but they forgot this dog has a strong army on its behind
we buy and hold this is the way
shiba’s structure & trajectory is just beautiful today
just hold on tight it is a long way to the moon
having a beer for this one
i’m getting spontaneous tourette’s over here
happy bonfire night for all the uk lot 😉🍺
shiba army code: we buy, we hold! our goal .1 this would not be easy but no one said going to the moon was.
wait till moon to smoke some crack at the lambo meet up
i think tonight we reaching 68
or someone trying to scam other member...
i lost . i am not letting whale fk my money. now my money is back today
that old news bruh, gtf outta here
no whales just fud
i just put 200 into shiba yesterday
when we go to the moon i’m paying for my aunts medical bills🤞🏽
but i'm stil doing pretty ok actually thanks to my initial buy
⢠⢤⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢀⡀ ⠀⠀⠀⠀⠀⠀⡎⠈⢆⠀⠀⠀⠀⠀⠀⠀⠀⡠⡺⠑⠵⡀ ⠀⠀⠀⠀⠀⢸⠀⠀⠠⠧⠤⠤⠤⢄⣀⡠⢊⠜⠀⡄⠀⡇ ⠀⠀⠀⠀⡠⠜⠊⠀⠀⠀⠀⠀⠀⠀⠈⢄⠘⠀⠎⠀⡠⡇ ⠀⠀⡤⠋⠔⠒⢄⠀⠀⠴⠊⠉⠢⠀⠀⠈⠣⢄⡀⡜⢸⡉ ⠀⡸⠀⢰⣿⣷⡌⠀⡠⠂⢰⣶⣦⠀⠀⠀⠀⠀⠘⠀⡎⢱ ⢀⠃⠀⠀⡹⠏⠀⠈⠀⠀⠿⣿⠟⠀⠀⠀⠀⠀⠀⠀⠈⠋⡇ ⡜⠀⣰⣾⣿⣶⡄⠀⠀⠀⠀⠀⠀⠀⠀⠀⢀⠤⠤⢄⠀⠀⢣ ⡇⠸⣘⢿⡿⠟⢁⢀⠀⠀⠀⠀⠀⠀⠀⡰⠃⠀⠀⠀⠑⢄⠘⡄ ⢣⠀⠙⣬⣧⣈⣐⣐⣀⣀⡀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢀⠜⠀⢹ ⠘⡄⠀⠑⢄⣀⣀⣈⣀⡀⠀⠀⠀⠀⠀⠀⠀⠀⢀⠔⠁
⠀⠀⠀⠀⠀⠀⡎⠈⢆⠀⠀⠀ ⠀⠀⠀⠀⠀⡠⡺⠑⠵⡀ ⠀⠀⠀⠀⠀⢸⠀⠀⠠⠧⠤⠤⠤⢄⣀⡠⢊⠜⠀⡄⠀⡇ ⠀⠀⠀⠀⡠⠜⠊⠀⠀⠀⠀⠀⠀⠀⠈⢄⠘⠀⠎⠀⡠⡇ ⠀⠀⡤⠋⠔⠒⢄⠀⠀⠴⠊⠉⠢⠀⠀⠈⠣⢄⡀⡜⢸⡉ ⠀⡸⠀⢰⣿⣷⡌⠀⡠⠂⢰⣶⣦⠀⠀⠀⠀⠀⠘⠀⡎⢱ ⢀⠃⠀⠀⡹⠏⠀⠈⠀⠀⠿⣿⠟⠀⠀⠀⠀⠀
a few days ago i had to sell most of my shib except for a couple mil to make rent and get food for my family. it feels weird to say this because i'm also on the shibarmy sub reddit and there is so many anti sell posts there that i feel a strange
it’s going back down, do i sell my house so i can buy more?
id hate to of been one that sold in the dip lol. i bought more at.000047
let‘s eat a zero this week
f for those whole sold lolol
paperhands smell like regret loooool
we need to hit jeff bezos up and tell him one up elon and promote this and let’s us use on amazon
guys lets buy everyone with 20-50 usd if we do it the thousands of holders we can boost the price alot. of course many people are putting bigger ammounts. shiba is going to the moon
yup, not everyone has the big bucks like some of us
tired of being covered in dirt.
if i get rich off this i’m buying a shiba puppy istg
i put my hand upon a chip, when i dip you dip we dip?
me too but the recovery is good compared to yesterday
ny can trade shib already
sold my shiba at 100k profit. and now bought 30k worth. why do not people take profits
i'll wait till 0,000039 € to buy (10.000.000 shib) an then i'll take my shiba from binance to a software wallet for a long time
within the next couple hours .000059-.000063
hour chart looking bullish boys
come on baby. daddy need -23% more.
i feel like it’s hit the point where people are genuinely starting to hold or else we would have seen a bigger dip yesterday
only up from here
i’m seriously holding my shiba for years to come. i’m not in the market for just a quick buck, but rather, hold for years to come. why? because who knows what the world economy would be and if market cap would be the same in years to come. i’ve invested .
if we can hit that one week high. that would be a great sign :)
the weekend is where people get shaky hands because there is less trading volume
get a cool used car with 50k that’s at least 3 years old. take care of housing. re-invest the rest
or don’t fux wit cars at all. just take care of housing and re-invest the rest
i doubt anyone here actually plans to buy a lambo if shib goes big. we’re going to buy several lambos.
i'd get new hubcaps for my house
i'm going to buy an ungodly amount of eth dot and sol if i hit a million
(holding a cup of coffee) yeaaaaaa if you all could just hodl that would be greeaaaattt
let’s share the shit out of this coin on tiktok
anyone else notice that shib goes up while btc and eth are down. then when shib goes down the others go up?
i will never sell my 18m shiba
aslong as you hodl you cant lose
i don’t even know if i’ll be around in 30 years 😜
some pretty full candles
77% buy rate on coinbase. goddamn!
spotted the americans, can’t not talk about politics for 5 minutes.
when it moons i might become a millionare, but i will still have to pay a shitload of taxes for it 😭
is shib gonna die? dropping like a rock
where are my german pussy lips
share shiba everywhere. passive income isn’t really passive. we need to work for our dreams!!
73% buy rate on coinbase. dayum people are really holding and buying, very nice
got some more shibas this morning my fellow shibsters. this is the way
☝️one of us ☝️ one of us ☝️
let’s finish the year of the bull strong as we move into the tiger
are we getting listed on robinhood... any new word yet? ... sorry if i missed it above... i scanned through but didn’t see any comments. thanks!
1st quarter of the year
so they must be very close? i read it was supposed to be this month... but guess it got postponed?
plus we gaining a lot of older folks let’s unite for one ☝️ goal
let’s all retire good
if everyone keeps holding like they are doing t'll go up 🚀🚀🚀🚀🚀🚀
i have 1 mil shiba locked in my coinbase wallet , i’m opening it in 2023
the only way to win is to hold.
anything is possible, but be prepared for it to take a longer time. make peace with likely having to keep going to work for a while 🙂
y’all we need to keep shilling
wen hookers and coke?
my prediction is in 3 days it’s to the moon
like there’s a pump everyday and then a mechanical walk down. just to keep it right around 57
i tell people at work and everywhere i go to buy shiba
just purchased . 42million coins
we droppin hard suddenly
just dropped another hundo! let’s go! buy and hodl!
you only lose if you sell for a loss
big buy signal just flashed
i love shib. positive vibes for a great future and many great catalysts coming to fruition
just gotta hold the line shibarmy. good things in shibs future. beat out ethereums twitter base!! this is huge
did anyone else see the nfl star - im buying more "
on the about tab on the main page
lol - check this
the government are going to make it harder for us tho this time
i kind of wish the coin would go to 5 zeros so i can buy more next month. am i weird? i wouldn't mind it start spiking until next year some time. i just want to get to 10m before the ride starts.
sold tesla at , not gon do the same mistake with siba
i'll keep my 40 mil shib and check back with you all next year, keep up the buys, and hold strong...
everyone make sure you say your daily prayers to the shiba gods.
just hold strong. i’m still holding on to the notion that an exchange is gradually drawing it down a bit so they can list with enough growth room for big gains. if you sell now, you’re playing into their hand
people are frozen in suspense over what happens next 😜
all the other cryptos have organic looking graphs. shib is very mechanical. makes me think something like a software is keeping us stable. maybe i’m wrong. but graphs have been weird for days
crypto in general is the future.
my last buy was at 55
another 1.6m shib never hurt anybody
i think everyone on here is thinking about dumping shibba at .01 but in reality the united states just fished out trillions of dollars so the money is out there
i believe that i f you were to sell at a gain but roll the gains directly into another investment like another crypto, it wouldn’t be taxed. it’s not taxed until you pull it out altogether. if you hold for over a year, then it’s not a short term gain and you aren’t taxed as high
all gains are taxed. if you've held for less than a yr it is short term gains tax which is 35% depending on your tax bracket. if long term gains is usually half also depending on tax bracket. if you take your money out regardless if you're rolling it over you will be taxed on it. the only time you would not is if it is in an ira or any retirement account.
as long as we stay trending around 55 well be okay
the last couple days definitely
someone told me to sell and that it would crash, i plan on holding mine. they said there was predictions showing it but im not sure if it is on this board.
hold hold hold boys
people get stupid rich off of crypto
i have no insider info or special knowledge other than looking at the weird patterns of the 1m graphs so support this theory, but it looks like a whale is keeping the price suppressed right now. i would guess it’s an exchange about to list that doesn’t want to miss out on all the big gains. the good news is that they’re also keeping us supported to offset paper hands
whaddup shib community. i feel good today. feel good about shib. i feel it in my balls.
just got another 5mil.
as n'sync would sing... baby buy! buy! buy!
average hold time up to 13 days now, going the right direction
don't forget about the shiba burning spotify playlist everyone! i think it is like 20 shib burned per song streamed but it is better than nothing and will add up if alot of people stream it and keep it playing !
hey everyone if you can, do not forget to donate to the bigger entertain burn party, they are already sold out of t-shirts and twitter shout outs. i think you can donate for the next 7 days to the party and 100% of what's donated is burned.
where will the next pump come from? we had a pump, then a lot of people left, not me, i didn’t make a profit out of the last pump. i was up ’s taken + of my initial investment. a lot of people left shib. what will bring them back? what will increase confidence in shib again?
lmao sold all my shit this morning at 55
have you guys fr noticed their twitter is silent past 4-5 days
maybe a couple big dicks moved some money into eth and btc
imagine having this much energy to troll a niche subreddit chat all morning.
trolls just strengthen shibarmy resolve! we are stubborn. we keep adding holders
lol, yeah. always frustrating when you get to the party late on those kind of runs
it’s just a validation thing for trolls. they’ve been coming and going from this chat for weeks.
it will fail and i'm sleeping very good since selling ... you'll sleep good too if you did
an unbelievable amount of money would have to go into shiba for it to hit .50
im hoping it rebounds back towards 60
its an ugly morning so far
broooo i'm all for hodling but i've lost 25% of my stake and i cannot afford to lose more man, pls someone tell me it is all gonna be okay and why it will be okay 😭😭😭😭
if you sell then you gonna be stuck with paper hands forever
it went to 0.000041 a few days and then bounced back to 0.000065 i’m sure it will go back up
this is a long term hold everyone you would not be reach in a month or even two months it is literally going to be a year+ before we can even think of seeing a penny i think half a penny by next year is more realistic
i wonder if this drop is because of the robinhood coo.
not worried about a little dipper. 💎💪
keep buying and ffs, hodl my diamond hands shibarmy!
keep holding. something weird is going on. eth and btc are also dripping hard. it’s not just shib
i'm wanting to buy 'm going to wait till it drops a bit lower
good luck gentlemen. i finished my break ugh
if its sinking boad i am all in deep anyway
wait for more dip and buy hope the best 👍
i think it’s more about all the action across all coins, not just shib. weird activity today
steady men wait for 47
going back up boiiis
fck i didn’t get it at 48 but i’ll take 50
who the fuck bought shibba thinking they’ll be rich tomr
i hope the dip holds until i get paid
evergrande just defaulted. huge.
yeah man my bank is literally just a buffer between my paycheck and my wallets
all these pussies selling. oh i lost ’m out
pussies fucking the market up
i’m hodling… if i lose it all i will be in good company i see. forget the moon….to valhalla!
shib army!!! lets do it!
were going to the moon! it's up 2+ % in the last hour :)
did shiba some burn ?
the moon is over a years time away, right now we're attempting to get off the ground or even still driving to the launch. however, ayo it is moving in the right direction! little steps everyone
people who really want shib can just get a coinbase account. rh will likely help, but it’s not a barrier to buying shib. we all bought it without rh 🤷🏻‍♂️
on our way to a million strong shibarmy.
last week was just the test launch, buy, hold and buy again.
i'd say 80-90% of the market is red
got another . not alot but honest work!
just bought another 10mil.
well boys once we fly to the moon i hope we can all meet up with our lambos 😂
when investing , ignore boredom , practice patience
rookie numbers… you need to pump those numbers up
here we gooooo hold onnnn to the rocket!!!!!
i put my hand up on your hip, when i dip, you dip, we dip.
now the thrusters are warming up
just got 993 886 shiba inu
let’s get elon musk to go in on this
of course, i’m holding to the moon, but turning money into any amount of more money is cool with me 😎
the anticipation is killing me. if we break this resistance level look out!
warren buffet's about to endorse shib
protect your wealth... buy cryptos... inflation is going to destroy standard wealth... it is inevitable.
y’all think the coindcx listing is going to make a difference?
well investing in anything is a gamble
hey fuckers anyone holding in here?
yes, sell sell sell. so i can buy buy buy
im on a 5 year hold atleast
29 million holding strong. get rich or go broke!!!
near sighted paper hands 🧻👋
just hold and wait, forget about the 100$. and remember dont invest money you cant loose.
hey guys the burn party has raised almost ! do not forget about the shib burning playlists on spotify and the community shib burning mobile game !
inflation is going to help crypto as more people will be looking to protect their capital
ny and india and celebs...
guys. if we can eat another zero we would get so many more people to invest in it
we're waiting for robinhood to list
they always go up together for some reason
this machine runnings on positively. if you truly think ,000 over night, buy something else. if you think . real people are buy -1000 because they believe. not buying the dip at .
this is the people's coin. have faith.
amc accepting crypto now. wondering if shib is part of that
shib is more stable than usd coin
1 million holders! shibarmy strong.
no i'm not saying it is, it is over ,000 usd. but just given the sheer quantity of shib out there it is not much. like i said i'm hoping the ripple effects from the burn party will help boost it to a steady 6 but i'm keeping my expectations low
almost -term support line. that would be a catalyst again probably. enjoy the ride 💎💎💎🤗🔥🔥🔥🚀🚀🚀🚀🚀
every crypto has doubters about reaching a certain height in a certain time frame but they are always wrong . check back a few years on every social site about questions asked and you will see for yourself so holt tight guys it will happen even if it’s 2 or 3 years from now it will change your life forever
yeah that is what i'm thinking, i got in a spot because of covid and had to sell alot of my stuff for bills and lost alot of money. so these days i'm just holdin
yep ☝🏻. we are fighting against the biggies and it’s the community’s strength that keeps us going. we want to see less quantity held by a few wallets and more held by us
purchasing on these dips!
relax man and sell if you want i’ve already made over
crypto has much wider swings than the stock market. 10% swings up or down aren’t uncommon. shib was at 50 a couple days ago. then we hit 58. now we are back at 50. but new exchanges are listing, amc announced payment, etc etc. lots of good news. just a sh!tty day for crypto
it’s amazing how shib is holding around 5 while bitcoin and everything else are dipping.
72% buy rn that’s wild
robin hood now has a altcoin section besides cryptocurrency. could be a good sign more altcoins are coming.
i bought 23 mil at ... yeah i'm holding the line ad nauseam lol.
buy buy buy hodl hodl hodl 💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎🙌🚀🦍🌑
we need that 0,10 cents
all crypto is down the last couple days. so shiba being down a comparable percentage is right in line
hodl is the key
every day we see more and more positive stories and rumors. and every day the price keeps dropping.
bought my little pile in wealthsimple and will sit on it as long as it takes...guess that means i have a diamond ass?
hey you, yes you! the one in the back there, struggling today. stressing about their investment. stressing about whether it’s going to work out. i’m here to tell you, it will. what i can’t tell you is that it will be today, or tomorrow, but what i can tell you is that, if you hodl on just a bit longer, you’re going to see amazing things happen. remember this, if it’s in your hand, it can’t grow. if it’s already growing, it’s probably going to start slowing. remember, even the trees have to slow their growth over winter. if you have children, do they grow all at once? no, they grow in spurts, so it is with this. relax, we’re just pruning some branches over winter for that new spring growth. take breath, everything will be okay.
u to be the first u client to accept shiba inu. timing 60-120 days. this is a wow!
i'm holding fuck it
standby😎 no sell just wg and the burning will work 4us
i think that is a crap statement. i can afford to lose what i put in. but i can be worried about losing it still which still stings
this shit is definetely adding a 0 if it keeps going down like this
it can go to 0. i’m holding my 25,250,000 shares. scared money don’t make no money.
i'm waiting for .000040 or less. i bought at .000047 this morning. jumped the gun. i'll wait for it now.
try to stay calm and not make the wrong decision. remember that sometimes doing nothing is a step forward.
the dip keeps dipping
thanks for the share
10 percent gains are yummy while i sit on my ass smoker weed and play video games after work
there are 3 shiba groups on reddit and about 800k members if i correctly recall. what if we all burn 1m coins a month for one year 1m x 12month x 800,000 member that is 9600000000000 instead of waiting for burn parties, let us burn what we can afford
down 20% yesterday, up 15% today. nope no movement confirmed
shiba taking a wavy nap. only way to wake shiba up is buy the dip and flip the script, get a grip, hold your tits. and promote them shit.
not sure why ppl are freaking out. it’s the holidays ppl taking money out to buy things everyone is dipping. don’t have wet paper bag hands y’all
i do not know shit about coins or math but i hope it reaches 0.01 or at least 0.0008
true just hodl 💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎💎🙌
just got some more... it’s annoying listening to these investment rookies. patience = money.
don’t panic sell just hold even if you think your money has gone it hasn’t you still hold the coins and they will go back up along with your cash
i’m going to kill myself
asks yourselves why would smart money be buying millions of dollars worth of shiba? buy you fucks buy do you want to be rich? follow smart money fucking hell
my buddy felon tusk says shib will be worth more than bitcoin before the end of the year. my buddy felon also has a heavy drinking problem, but he is right sometimes!
happy 1,000,000 holders 🥳 we are so close
i just invested another . shiba to the 🌝 🌚 🌙
yeah im done putting money in this coin for now lmfaoo
someone sell me a narrative where this random shitcoin that was a big deal a month ago survives the upcoming bear market.
for all the people who bought in the 7s and 8s nows your chance to make up and dollar cost average. buy now it’s below .40
shib on kraken tomorrow?
i’m not fucking leaving
no paper hands now big rally coming
shib army is back baby!! let’s pump this token back up to .00008!
if we do that we will break the 5000 wall!!!
just bought another . my pp still hard
doge will be left behind one fine day. even if we eat up a couple of zeros in this spike and it steadies up, we are good
people actually listening and hodling
we all will be in an epic position in a couple of months ... like by dec 31... do not be tempted to sell off for small profits ... this time it’s a different wave looks like ... not financial advice
looks like some already started selling ... the ones who decide to cash in a grocery bill are different from the ones who end up owning one ... patience ...
we will be burning one zero tomorrow be ready 🚀
nice to see it holding steady, priming itself for a good bull run.
lols, shib will just do what shib does. if it hits my price, i sell, if it doesn’t, oh well, i continue to own shib.
i’ve said it before and i’ll say it again. unless you’re a super experienced day trader, time in the market will always beat timing of the market. buy and hold.
shib surpassed doge in mcap
live trading on kraken to begin between 10am and 12pm est.
i finally made it to 10 mil today yay
the negativity is strong in here
just bought my first 25$
this is the time to buy everything
a steady staircase upward sloping! i like it lets keep this slow and steady momentum
we should petition elon to burn 420 trillion coins for us and in return, we’ll all buy teslas. it would be a win-win
if it drops to .00003xx i'm thinking dropping . 🤔 anybody with me?
did ya know, for those that have accounts still frozen with coinbase, that the company who deals out gyen has been linked to citadel? i know some shib holders that cannot access their accounts because they bought gyen...
i would t post your shib amounts… just asking to get hacked
january effect shiba inu
shib should pick up soon with crypto back in order
quiet this evening. what's so different that the lounge has gone silent
but i think .005 is an easier goal
just bought 7.5m and i have no idea what i’m doing but here we go.
this is my favorite coin
shiba is no longer a”meme token” it’s having utilities now!!
i think she is ready for a run. just bought another 5 million nearly accumulated 600 million made over 30k on shiba to date. hang in there peeps.
shit cant spell today
just threw another … every time it’s down i make a small adjustment. hold bitches!
just bought another 3,5m🚀
brand new to crypto and cant stop adding a lil to the shib stash everyday
if the burn is real, we should see a increase in price via market activity over the next days around \~.00005. i am guessing there is just a mistake somewhere though. who out there is just throwing away 6.5 billion $$.
merry christmas fellow shibs
just bought 1 mil coins did i make the right move
1mil of shiba cost me ,650 dogecoin cost me
relax people. you all need to delete your apps, get outside, and go for a walk. don’t forget to drink water too. the whole market is down, but it’ll recover eventually. even if this truly is like 2018, then look at what happened in 2021. you panic sell; you lose. it’s best to just hodl, dca if it makes sense to your financial situation, and most importantly imo, ***assume your money is gone.*** get a new hobby; live your life.
ugh! i keep saying i won’t buy more, but i see it so low and i buy a mil more here and a mill more there! 🤣😭🤣
i think it needs to add a zero so we can all double up on shib. then it needs to delete 3 or 4 zeros so we can see our profit. im hoping and holding for a penny. i'd be happy with anything over a penny. im not even hoping for a dollar.
im losing my ass boys but holding
i am holding 50 mil shiba. not liking losing money but will hold. also put some of it in a cd fund like thing in coinbase to let it chill for a few months. but i will be buying more shiba and doge.
just keep hodl till next year
jesus what did i wake up to
hold boys supply zones are meant to be bought while demand zones are meant to be sold , its only january plenty of time to reach all time new highs , have faith boys been holding since october
boyz are we gonna be rich this year or no
over 200m , come on!!!
.5 billion worth of tokens would need to be burned for price to reach .01 if my math is correct
as long as we the shiba army stay strong and committed and continue buying we will ultimately kill the dodge coin and soar higher than ever before. if shiba inu reaches the meta verse our loyalty will pay off.
i sold 4 mill shib and invested in render. im tired of waiting for nothing to happen
let’s keep it going
love this move 🚀🚀🚀🚀🚀🚀
i know this has been asked before, but does the inception of shibverse mean that shiba will likely go up? regards, my 35mil bag
why is the .1 still on circulating supply? we’ve burned the .1 off a while back
i want to get into shib coin, whats the best app to use?
buy now!! moon is coming… they are telling me this is the last discount before this shit hits 2 more zeroes
i'll suck all of your dicks if this hits a penny
dont think about the fast money... we all look back few month when ppl buy some crypto and get rich now... so sit back, relax and look again in few month... meanwhile it will dip, drop, push, fall, raise, etc... but in the end ---> fortune favors the brave. we will hold and will get something out of it !!
there is no sell. there is only buy and hodl
let me give y’all more reason to hold…i went through a break up and had to move and i had 32m .00000700. sold it because i needed the extra money to help with moving costs. it was worth only ….it would have now been roughly +… hold your coins…
dogelon mars is gonna make money off of the hype of shiba 😞 lets not give in. hold your shib ✊
selling motherfuckers. go play with the little kids not the big boys
your not down anything until you sell
i have 50 million shib. when this shit hits 1. just like i was when i sold my bitcoin for 32,000 and it’s now doubled, or when i sold my tesla for 700’s at 1200$. stocks are riding trends that is it. they go up and down like the societal waves. the trend is digital and ethereum. ride in now or shit down your leg in the future.
whales did this same thing with doge and drove price down from .08 to .02 that following week we went on to hit .75
he is legit trying to make everyone rich
click upvote if you think it will be possible 75-80 tonight
i want to be so rich that nancy pelosi will let me nut on her face
you marketcap people- marketcap marketcap marketcap... market cap is nothing more than the total supply multiplied by the last buy & sell price, nothing more at all. it's the lamest metric on earth. people see a trillion "market cap" and think that is actual money in the asset whether its crypto or stocks. lol, kids say the funniest things! btw in traditional markets for several decades there have been many that want to end the mc method of multiplication to shares in circulation; since it zero represents true invested money. it only took approximately 8 billion in real cash flow to get bitcoin to 20k in 2017 not that 400 billion market cap that is just a cute flashy number that looks good on tv and articles. exhausting trying to get this across to some people year after year!
i know it is super painful to see your portfolio red and it is really hard to not check it constantly. but maybe check it once a day and then do your absolute best to ignore it until before bed. i'm in school for another year and change so i'm holding
almost ! do not forget to check it out! also, do not forget about the shib burning spotify playlists and the shib burning mobile game!
at this point it is proven that when bitcoin goes down, shiba just goes down with it regardless of the news around it being bad or good
nah, our ancestors screwed the new generation over
ain't nobody working for 7 dollars
as you’re ov here crying
i slept through the dip 😥😥
does anyone have other alt coins to suggest next to shiba?
holding long term from april - really would like for us to burn a 0 before we get rh listed
it is my birthday as well just treated myself to some coin, hope you all have a great day!
i hit every single point in my chart in the last 5 hours
this plateau is 👍🏻 shows stability of our shibarmy
limit yourself to one lamborghini
i wish i could afford more crypto but i am still in school sadly
bear run = massive sell off
i buy 100...if it gets to 200. or i buy 100 and maybe get out after a year.
sell high, buy low
diamond hands = hold the line no matter what the market does - be patient
if this was the end of shibas run we would be back at the 28-30 range...
guys the more platforms we have the more investors we have its simple math.
i'll pitch in for taco bell. :d
which of you m’fers didn’t buy the dip? i am looking at you!!
price is been steady last hour at .000070 good 👍
all you can do is guess.
people often post on youtube to try and manipulate the market.
busta rhymes did, so did ice t
any news sites should be taken with a grain of salt, as they are mostly people posting on what they guess the market will do.
if you get coinbase pro there is no fees
i’m happy as long as it stays neutral right now theres a lot to look forward to in the coming months
i have 110 millions shiba hope enough
who's holding shiba to the moon?🚀🚀🚀🚀🚀🚀
holding means you're keeping the coins for possible future use. you're retaining coins from being circulated. by the time you sell, you put those coins back into circulation, which drives the price down.
anyone buying rn or waiting for a dip
all this talk about burning when i'm all about earning
it’s gonna hit 9 today
guys let the playlist play w no sound on your phones
unlikely with all the sales, if people would just buy and hold we could keep the rise going
here is my link. if y'all could help a shiba out and listen to my song. much appreciated. and yea im black so i try to listen to my white friends
i own 1 mill shibs. i hope this is worth it!!!
you really think someone will unironically pay for stuff using it?
crypto investing is like playing roulette in vegas!
i just want the circulating supply "glitch" fixed.
just that alone turns people away.
anytime is a good time
shibarmy we are marching again!
hold till your a millionaire
33 mil shib here, not selling for anything! in it... to win it!
shib definitely gonna be worth .001 before december
i’m holding for prob a month at least let’s see where this goes
today is the day we eat another zero!
only put what you can afford
bro said mortgage 😭. there’s levels to this
don’t bet the mortgage this coin could dump if it’s popularity dies. we gotta keep the hype growing
all the paper hands yesterday are crying today let's gooooooooooo
i got 2m ms. nosey
12 million ms. nosey
just converted 200🚀🚀 fire up the rocket!!
i’ve diversified to safemoon also
again if you don’t plan on selling and wanna talk about only holding and the future of shiba join r!
holders only join r
y’all weak for selling
do they just send you the lambo or do you have to order one?
does anybody here actually own a shiba dog 😭 them things cute asl 😭😭😭😭😭😭
shiba is going up up up and up up up up
who's ready for shiba to eat a 0 this weekend!?
just bought a bunch more, to the moon 🚀🚀🚀
we might hit 0.00008 in 6hrs:
beside shib are you guys holding any coins ?
soo do we start a petition that every reuben sandwich made burns 1t shib?
so what i’m gathering here is that coinbase is trash? 🌚
just sold tesla to buy more shib on public!!! fuck you elon!!! lfg!!!
i more than doubled my money this week. gonna hodl tho
hold for 2 years
lets see some fucking gains tonight yall
i use many because not everything is on coinbase
traditional banking economics is criminal. safemoon tokenomics is pure evolution. shiba
i want a new gt mustang
its time to buy
no way to tell now. anyone who says otherwise is full of shit.
if someone in this chat asks what burning is one more time…
i thought burning was packing a bong and turning on some pink floyd
elon is trying to hinder shiba
fuck tesla and elon
just bought more shibs
tesla is great no denying that but elon played wrong with doge
teslas are ugly, fat and dont even make a noise, boring af
alright this is a circle jerk not a conversation
is dogelon mars legit or no???
shiba has an army
true, hold on rn, then buy more in the next dip, imma do this
safemoon.net check it out
yeah duh def holding
i got in early with 100,000,000 coins but thinking more???
i used coinbase pro…less fees, more shiba
please peeps i know this is said over and over again but don’t invest more than you can loose! it’s called a shitcoin for a reason.
i use the crypto.com app
we’re about to explode
if you’re thinking of buying and waiting for the dip, you’re doing it wrong. you should be thinking it going to go up so you should buy now!
i look for the app thx
i can’t look at it fast enough
onwards & upwards from here on out 🙌🚀
how much shib to buy for hellcat
i’d buy now. we already almost ate a zero just 48 hours ago
anyone else get this sense that a huge explosion is on its way ?
already made x11 😎
shiba has become a household name in the past week. it’s freakin amazing. spread the word
can someone send me the link of a youtube video of a black guy that explained shiba inu
just look at the chart pattern my friends (use 1 day time frame), this is the same pattern as the 06th october. the only way is up from here
history shows there will be a dip between between the hours of 4 & 5pm in new york , so do not panic if does !
no lie the dip scared me last night but we’re back up 😝
has there been any word on when they are fixing the supply numbers
i never changed my name but i’m not a boy i swear!
boys doge is down
i sold all my shib .000054
i have 5 mill shib
me = ape brained genius
doge was only up for a bit because of an elon tweet , and then it dipped again... not surprising
shiba will have a night tonight?
guys i've got a very decent profit on shib at 0,00005 and my safemoon profit is climbing as well,...as i hold both with diamond hands i'm looking into saitama for my next investment,...take a look at their project for yourselves!
there just needs to be a lambo for every shib holder
we got psychics and this bitch or what
why sell when you can burn
off topic but you guys think it’s a good idea to go in on eth right now? it at it’s all time high but i’m hearing it’ll get to 10k so should i just say yolo ?
god damn it feels good when a stock starts riding
next dip i’m buying 200
this steady climb has me drooling right now
very consistent today. very nice
not only that but i bought in at 55 and now we are sitting at 77.
i bought shiba at .000025
i wait and see tommorow if buy little bit more
from rags to riches to rags to riches
do the smart\* thing. only what you can safely afford to lose
watch out. the mod of this sub is trying to scam people. do not for any reason send them crypto of any denomination or otherwise. spread the word.
just set a recurring buy rather than worrying about judging when to buy in the dips. i find it works better
look at that fucking chart boys lets make some fucking money
i will watch my investment go to .03 before i sell
just put 500 down
coin count check. how many coins are you holding??? 240,385,640 here
might as well throw another
i own 5 shiba coins. transferred an 8th of a cent from my bank. testing the waters.
haha. i own more than 5 shib. bc you guys sucked me in.
just put down another 500
when doge got added to rh it went up x8
means your a fuckn bot using multiple accounts on here at one time and trying to stir up fear. fuk anyone saying anyrhing except let us gooooo 🚀🚀🚀
guys, the reality is, 0.001 is achievable, 0.01 maybe but, someone is going to be in for a massive payday while the others suffer.
we're here to support shib... this is the only way. be wary of anyone doing the same. they are not on our side 🚀🚀🚀🚀🚀goooo shib
keep the burn playlist on repeat
buy. hold. dip. buy. hold.
just bought my first lot of shiba. let us do thissss
if it hits one cent i can retire
i predict shiba eats 2 0’s next year
if we could get some news about robinhood looking at it
i am also never selling
here is my initial buys
stop panicking and shaking. put in what you can and enjoy the ride. i’m holding at 16 mil.
look at the graphs 📈 📈 look at the similarities between oct 6 and where we are right now, this thing is going to explode 🚀🚀
gonna buy another house flip it and buy another and rent it
i am deaf so i will let the playlist running non stop
hey guys i literally just got word that there will be a harambe coin
shiba to the moon📈📈📈
we are going up - please help push if you can
i bought on group push last night during sideways trading and was laughed at... up significantly today
put in what you can afford only obviously.
i cant wait to see what my profit is in 4 years when i finally sell
i feel like i have been in a coding for 48hrs now
whats good bro you too
i bought 4 mil a few days ago and sold at its peak and bought 5 mil again at its dip, feeling good
well it’s good for us investors that the the hiccup had happened but it’ll be perfect after the investment for it to get fixed so we can blast off.
next time it drops im buying big
i can’t til payday next friday! big feels.
got 7m shib coin, to the moon
don't worry i'll forgo my lambo. somebody can have two
alert alert alert, it will reach 80 by 2-4 am est, dont sell i repeat dont selll
it is so crazy rn because i just drove by bank of america and there was a big ass sticker poster with shiba inu on it aswell 🤣
that would change the whole crypto game. people could finally stop talking about market cap like it means anything in crypto!
1.2 billion over here as well
it is my soldiers were just talking about it and that is why i got in
this one girl broke my heart
now ima break the chart
we all fap if it hits .00008
0.0001 by 3 am 😳
all your life’s savings
just put in your college debt amount
should i say screw it and get that 5 mil
listen to music and burn coins in process
okay y'all. i'm done obsessing for the night. here's to waking up to amazing news!! goodnight everyone!!
i actually think the trolling is hilarious
lol y’all gotta chill and let it do it’s thing, introduce new people to shiba!
yeah, i'm telling everyone to buy "push" the price up,,, but i'm the one trolling
lol this is funny
buy .000 worth if you want make life changing minegy
how many here hold less than - i bet a lot
i have put in like 1900 and it is only up to 2200
i’m up 126% bought on monday(also not including buying dips) how much is everyone else up???
i did some math and my investment has only gone up by 30%. some people have higher. is it because they bought shiba when it was lower?
robinhood is coming. i feel it
night guys and gals may our pockets run a little deeper in the morning!
should i sell before the crash? i have only bought, have not sold anything yet
is it gonna crash ?
you know what's worse than losing $$? having paper hands and missing the $$$$$$$$.
i hope rh happens
inflation is a huge f-ing problem right now
i just want to be rich so i can give my parents everything :( and travel the world
previous spike (400%) we had 16 days of consolidation before the most recent spike (200%+) this thing is not going to moon in one spike. people will cash out during those spikes, consolidation, and finding new supports will have to occur before the next spike. if you're here to get rich in a month, you are going to paper hand and miss out on the longer gains. the way shib is trending, this is going to be a long but steady march towards to moon with some nice spikes along the way. with the amount of support we seem to have found at .00007 range, this thing isnt getting any cheaper and this is a new floor. no more new coins can be minted. coins can only be bought, sold, held, and burned. supply can literally only go down. when supply goes down, demand goes up.
shiba to the 08 soon
corruption is our real problem here in cali
shiba has real potential... because of the inflation, the currency that is failing in other counties where inflation is so bad that they cannot keep up...
just put in another 1.5 mil. crazy how much it’s gone up in the last month
what’s this about musk touting .47?
we can all help burn shib by listening to this spotify playlist:
vamos shibba a la luna!
knows his shit then rambles in some reddit lounge about a dog coin
coincap market spreading negativity about shib
we neee ti destroy a 0 next week
the shiba train ended anyone who buys in now is a bagholder lmfao
and once robinhood list it it’s gonna pop off
seriously guys, we need to stop it from going horizontal. atleast it should go up or down
mana is doing better
this drop is making me nervous
should i invest another ?
and potentially buying out my entire neighborhood with the earnings
we need to buy and hold no more paper hands we need diamond hands
you guys need to use a trading platform that allows limit buys like binance or coinbase pro
can someone please help me understand how to swap my shiba on trust wallet, i’ve done it once and was charged the fees but the shiba is still there
predictions by the end of this week???
robinhood is critical because it’s a well known platform for trading stocks (mostly) and has lower fees then most other apps and platforms. now that they’re throwing more crypto’s into the mix it will open up a whole new bracket of investors for them.
is now an ok to keep buying in? or wait?
i hope no one chickens out at the skyrocket, we should all hold during the skyrocket
i’m holding when it skyrockets
if it cant change my life i'm keeping it exactly where it is until it does.
why is the volume so low right now
1.2 million in at the moment fellas. we gotta keep holding and resisting the media! we gotta take it past mars. to jupiter!
i’m ready for .02 cents
this is holding nice. higher lows. this thing gonna moon soon as all the sellers are done
but i had to sell my house to do so
honestly think it could bottom out at .65 or maybe even .60 before we see a significant rise, there are plenty of people poised to buy but waiting either for a dip or an upward trend, the way we are holding steady will self perpetuate for a while until something makes everyone push buy, like being listed on robinhood for example
even better if we eat a 0
i hoped for a better weekend, but i still believe and hold my coins
akita are the bigger version of shib
as long as it is in your tolerable risk range just don’t forget to double or triple down if you get stuck with that bag and believe it will go moonshot
once we pass 7030 we are going mooning
it’s not even dropped that much tbf
i will kill everybody who sells before 0.01
think now is a good time to buy?
bought 1.2m more coins
i’m sorry guys. i’m just really down watching everything i put in go to nothing. dipping into profits, that’s okay, but to lose them and dip into your own investment, that’s fucked. i’m amazed at the selfishness of the people selling right now.
just listen to experience investors
i can see a lot of newbies here
i put $.0025 and then i sold waaaaaaay too early. just keep buying
why is it dropping? update me… anything happen?
is the burning really gonna help?
nobody buying at this dip???
heppy can you raise shib to 0.001 please x
coinbase fees are like £2 for me that ain’t shit
great time to buy guys !!
those billionaires that are burning shib coins rn 😤 love y’all man love y’all we moonin about to average up fuck it buyin more
looking healthy again guys 😎
give it a year or two or more stop thinking your
let’s go shibarmy . be strong 💪
its going up cuz of the tweet
but what is left (about half of my max) i can just leave in without feeling like i need to check it 8 times a day
idk about a penny but 001-008 seems likely
will shiba ever hit a dollar?
we’re burning coins, whales are buying soon with this small dip and prices will go back up just hodl
i got my shib holding with diamond strength but i’m thinking about apeing in to mana
i'm back what happened
my hands gettin papery whats going on with this guy :(
this is literally how it works, you need to understand this is a long game.
have you guys seen basic attention token
y'all still think shib is going somewhere? just need reassurance 😂 first time investing. (do not worry i'm not selling, just want honest thoughts)
i'm starting to doubt shib. i'm gonna let it sit for a long while. just getting anxious lol
i think it’s movin up
give it time... and maybe an rh listing
well, i wish you all a good night. i'm gonna get some sleep.
brit here... no hunting but fishing was always fun, especially having a field and lake, climbing trees was pretty much a daily thing for me as a young kid, i wonder why all these kids are lazy and weak sitting inside playing games all day 😭
even if it does not happen tomorrow, it will definitely happen and soon imo
well the lows are getting a tick higher and i refuse to believe the big fish will sell at the moment so it could be
there is an uptrend now i've been watching, lows are lower
now i have 380.2221 mana and 16,567,780.7900 shib show what next ? :) like i told im noob in this game :)
550,000,000,000,000 (shib coin count)x .001 = ,000,000,000 market cap. thats 10x its current price or %1000 increase. might take a minute but that is only half the total supply. i’m in it for the long haul. it’s unpredictable indeed but i’m choosing to be hopeful. it’s an investment and can all be lost so do go all in. diversity is key in mitigating losses.
hi guys, i know some of you hate it when someone dares mention another token but please check out and do some research on dog collar. things are starting to take off and it’s mostly shibarmy on board 💪💪 have a good look and hopefully give them some vocal support on socials if you like what they’re doing. ❤️
bruh get all this mana chat outta here this is for shib noone wants to see it
i will hold !!!
still sitting on my 12mil shiba. in the wise words of leonardo dicaprio - "i'm not fucking leaving"
guessing we hit mid .50's before launching monday morning
post memes on your stories, talk to friends, get the word out!
whew that had me sweatin but that was a nice bounce again off the floor
healthy dip, people took profits driving price down. its seen resistance at 6 several times in past 4 days creating a new floor. buy in point for new investors is now and you will see a reversal soon.
i’ve invested around £500
last couple days have bearish trend, watch for dips and buy it up. overall bullish as fuck and just in loading phase, next leg up could be in a week or two
lets gooooo shiba army
only the shibarmy could surge like that on a sunday morning lol
has anything been said abt robinhood tmrw?
was at one point
with banks closed over the weekend, there is less trading because investors may not be able to add money to their accounts, mckeon said. cnn
listen to the shibburner playlists with muted voice it counts?
this thing is just getting started
it could shave a couple zeros off
i bought into doge when it was .0025 and now it is like regularly .30 so do not lose hope. these things take time
i heard that the rest of the weekend might bring more lows because it is the end of the month and people are selling. just keep buying the dips
it is an opinion about rh. that is not why the coin went up in the first place so whoever predicts it going down sold it to early. you have to believe it is going up and look at price next year
you'll see! you'll see!
im glad i did not mess with mana last night, would have gotten crushed
we need to start deleting rh if you haven’t if they don’t add shiba. time and time again robinhood fucks us
just bought 3 mil shibb
isn’t it crazy that just last month we were at 5 zeros
accessibility is a thing for a lot of novice investors
this is my first time investing crypto. after looking at the charts from bitcoin through all the years, i could see how in about 2017 bitcoin made a large leap (for the time) and then it slowly trended down til about 2019, then began to climb again in 2020. then finally exploded in 2021. all that said, i now understand the long game. your boi is gonna be on the hodl for a loooong time! let’s do it!!! 💪
let me consult the magic 8 ball.
i just purchased 5 more shiba. i'm going slowly so i do not over extend myself
i’m gonna buy , when lambo
realistically, shiba won’t hit the 20cent mark like doge but i will be happy with 1-8cent
i’ll buy another mil if someone matches me
i keep buying dip.
problem is, theres still some really big investors with this, and they dont wanna be embarassed with shib, especially vit, so monday i expect to see a rally, even the trend is pointing towards that. even now its starting to travel upwards. we just have to wait and see.
hold it! hold it!
well ill check code tommorow...im in bed now and really dont care that much about scam artist elon and his car company
what about this -> tesla website source code shows shiba as accepted payment! hard to believe until you see inside
agreed, not buying into the hype. expect nothing, accept everything.
if this does not spike i'm going back to shipping cocaine
here we go. rockets have ignited...
the engines are idling,get ready folks
whose a good whale... good boiii...
depends once small investors start winning theres always a “shut down”
even if robinhood listed (which is good for us) i would still buy on coinbase bc robinhood likes to hault trading cuz of “unusually high volume” lmao
yes, with the new infrastructure bill that will not pass
1c is highly unlikely tbh half a cent would make me rich af
soulja boy is accepting payments of shib because no one doesn’t wanna use real money to buy anything he creates or owns lol
.01 is definitely possible, just not soon.
good night and good luck everyone. happy halloween.
i do not miss the opportunity to gambling...
would be big tho!
we are on fire tonight yall lets burn hot
these nights are such a rush
just brought another 1,000,000
i'm definitely not selling at .01
basically- if it drops, buy more for cheaper. if it raises, hold on make profit. win all around the board ;)
whats the deal with tesla accepting shiba lol if you guys really fell for that
well looks like wazirx added the coin just have some bugs to get out. that should be close to 40million more potential buyers.
yall better hold if shiba does not get on rh
7.5 million average at 48
is 3 mil shib good?
multiply 3 mil by .0005 and see if it is enough to buy your wife's boyfriend that car he is always talking about
i'm fucking around if this thing comes close to doge you'll have around 20k but whatever you're willing to risk on this is solid
dogelon thisappointed you so far
wife spend time with me now instead of phone
dr. joe reed, jd, cpa banknote with dollar signsports medal u · 48m honestly, i would invest now before in the announcement in about 90 minutes. don’t wait and miss out! i promise this is happening. be sure to follow us for info all throughout the day involving the breaking news!
it seems too good to be true but this is the crypto market 🤣
i dont need a lambo i just need a koengisegg
robinhood deal is not going to happen
wow, you guys really did not do your homework before buying into this, did you
i'm just here for the comments when nothing happens in 10 minutes
seems like a lot of drama happening today 😅 hello everyone lol
not yet at least
they burn 1% of what exists each day. in 5 yrs there will be around 35% of total shibas...thats when the game changes
fk game of thrones game of hodl bby we pumpin
i got you shiba for christmas
look for black friday and christmas. people like to cash out cuz they will need money, but you hold bros
i dont know if you can check this link im laughing soooooooooooooooooo hardddd
hopefully its not just another pump and dump day
how many have over 100m shib
who bought the weekend dip?
i have invested everything i have in shiba coin fuck
i just got word that shiba is going to drop a cuppa zeros in at 10
shiba struggling to eat another 0
jesus some of you guys accept nothing less than shaving a zero a day.
a lot of edward paperhands in on this coin, robinhood listing and kraken listing are nearby, hodl or you'll regret it
holy shit its legit
coordinated strategic burn i have a crazy idea. why don’t we all coordinate a small burn off to get to rounder numbers? for instance you bought around 1mil. but it’s, 1,092,342.12345. burn off the 342.12345 ish? or 2,342.? or 92,342. what ever you’re comfortable with… i know it’s valuable but collectively all at once can help shib price move. yes, i will def burn more than 250k. anyone up for it?
it’s not gonna happen overnight either i’m in for the long-haul
look at the week numbers. the month numbers. you only win when you hold
that is why you only invest money you are willing to loose
do you guys feel shiba is trying to do a rug pull
there is 400 trillion coins in circulation i think
there is too much supply going around
100 percent keep some shiba would never sell them all
i don’t think it’ll hit zero at all. just looking at the charts from the beginning it’s been staying consistently above .55 and up
just like a meme goes viral on social media, meme coins need that social media hype. share those shiba posts all over!
voittaa certainly seems to ruffle a few feathers here. i do however appreciate their presence here because this is not a certainty, some people do need to realise that.
i think voittaa is a good sport. nice to have a healthy conversation
1,500,000 x .01 = 15,000
use the calculator lol
no way were not given up
i say when amc takes payment we fill up theaters with local meetups paying all in shib.
yeah especially with the high supply, as many people who can buy it and hold the better
i doubt anyone’s going to be a millionaire overnight lol but could see the potential for a spike in price of shib if people on kraken start buying shib
if it does list then we should be able to break 2 zeros
for one second i read your reddit name gay on fire lol
breaking out of this consolidation soon. buying another 20 mil right now
is coinbase good for buying shib? tryna get to the moon wit y’all yfm?
every time i try to perfectly catch the bottom of the dip, i miss it haha. this shit is cheap whether at .00007 or .00006. get it while the gettin’s good
1000 in or no?
i got 4 mil
put in ’t feel like nearly enough
1.2 billion holding strong
elonmuzkwannabe you ever go.to sleep you been on here since yesterday lol
we need robinhood soon, so a bunch of fat rich people can throw a grand at it
buying this as soon as shib moons pray for me
does anyone know where the majority user base at kraken are from? might be able to roughly time the peak
new to shiba been amc ape since march and bought 5 million shib today howdy y’all (:
if they in here, please ask how they walk around with that big dick?
i’m sick of this going up and then down. sick of looking at it. i’m out shiba’s i’ll see you maybe in a week or so. i’m done with this shit for now.
it is just how it is man. i question them too
i'm sitting at 14.2 mil lol i'm happy enough with that
not in a bad way just j
i was off from 9pm to 5 am
467.360 signatures... what the hell is goin on with rh?!?! they have to tell something about it... yes - or - no... but please rh, say something !!
regulation clarity was an issue so they have teams to inspect and confirm trades before they come in
it will happen soon they just have a process now
i wonder when will kraken lists shiba, hope not a joke
check my avatar :)
shiba finally on kraken?
at 3mill right now, you know the hands are 💎🙌🏽
only the future will tell.
calm before the storm of kraken
when is it gonna pump?
also available on shibaswap. one dog helping another out.
when do you guys think robin hood’s gonna accept shib, i feel like everyone’s tryna get on the train. but i also get the feeling nothings gonna happen for another couple months
it’s not gonna hit a cent, the economy would crash. just not a possibility but a hope
so it turns out nobody cares if it on a new platform. anyone that wanted shib can buy it
shib would be lucky to even hit a cent
honestly just waiting to delete another 0, then get to .0003 and cashing unless it hits robin hood
anyone who doesn’t think listing on rh would benefit this is dumb af
i was clinging to binance until i wanted to board the cumrocket last week
i was expecting it to be up this morning not down. why is it dropping?
just added 8million more 🚀
just bought another 9 mil
thats why it’s important for us to hodl thru the dips lol. it encourages new buyers
just bought 1.6 mil coins
his name is robert paulson
for sure it is today
just find new coins that have the same potential and bring back the news so we don’t have all our eggs in one basket.
should we start off 2022 right ourselves??
january 1st we all put loads in.
we suppose to be shibarmy but can’t claim to be without hodling the line
the latest on kraken is that they have announced maintenance later in the day and we are hoping
if we want to put this theory into action. we should all save up and buy on january first and see what happens.
okay y’all convinced me buying some more now
fortune favors the brave!!
just bought 16m fingers crossed it goes up
i bought a bunch at the peak and am still holding. have faith!
hey guys. just doing my weekly check and see how everybody is doing. hope all is well. remember do not let looking at a graph consume your life.
got the boyfriend to put in
all good, price is dropping, so more folks can get in before the kraken listing... then it will really jump
and it’s back up and it’s golden zone
i bought at the 66 dip. gonna be a great day for the shib army🚀🚀
for the time being, it will go sideways, but there is pressure building for the price to go up. hang tight.
when is time to buy lambo stearing wheel cover ?
if you coulda you woulda, so stop with the shoulda. stop shoulding on yourself!
i follow the rules
1 mil. waiting to moon. i buy high and never sell
you cant make a quick buck on shib
the question is, why would it go much higher than now ? pretty new to crypto, i’m curious as to what the triggers would be for the next rises
if someone asks what burning coins is one more time….
no one wants to throw away money
guys if i have 1 shib how much would i have if it hit .01 cent
i hesitate to trust anyone in this but i’d like to. if there were only some way to make the shib community stronger… i don’t see that happening though.
55mil. just keep hodling…
no but you don’t have to be a dick
you must be great at parties.
i’m up 200 dollars since i switched that doge
swear y’all are so over reactive to start selling… best advice i have is to buy and just let it sit like it was never even invested
we’ve been breaking 71 everyday though…
so what cars are we checking out tonight boys?
hope yall do not cut your losses and sell rn while we slowly coming up
it’ll boost back up i see green!
half a penny would be wild. see you in 2023
look at the shiba news over the past day. very little thiscouraging. mostly very encouraging
there will be a small dip tomorrow into the 65ish range, then in about 4-5 days this thing is going to explode.
doesn’t look like we’re getting listed
yall all want lambos now but here "lamborghini cost of ownership is not be taken lightly. the murcielago will run you about , -gear clutch."
wow people need to seriously chill. forget crypto it sounds like some folks have literally never invested in anything. these things take time.
no lambos for me. property, re-investing, etc. i’ll stick with my ‘86 4runner 😜
but if it goes up to .000077 you’ve made enough to buy a spicy chicken combo. also not a big deal. hold on and be patient.
it’s not a pump and dump
i just flipped a coin asking if shib was gonna crash and the answer was no. so we good. 😎
gg, i bought yesterday 2.5 mill, and today another 2.5 mill, might not be much, but im new and i cannot afford much being jobless recent grad.
maybe better advice ... "do not put all your eggs in one basket" ?
i’m still up 👍🏻
haha. dude probably had . i don’t think he’s going to crash the market
eth and btc are running up. i wonder if that makes the cheaper coins look appealing to those who want to get in but feel like they missed out on the big ones?
would there be a limit for someone to cash out at a time if they made hundreds of millions or billions from this? how would that work?
should i buy shiba rn? this will be my first time buying crypto
spend as much as you’re willing to lose. investing is like legal gambling. i bought btc and eth earlier this year when they were high and immediately went into the red. had to avoid panicking and wait a few months for them to rebound
if it tanks to much farther boys i gotta dip. got to stay in the profit
got a toy drive i’m coordinating with my local fd. got to give back to the community.
up to 5m so far
now a proud owner of 3.3 million shib to the moon we go
exactly, the whole point is that shiba does not need musk.
i wonder how it benefits them bro it’s so stupid
likewise, we’re the ultimate team
sarcasm or truth? i didn’t even know you could do that
stabilization is good but boring. people flood the chat at the extremes: when it’s mooning or plummeting.
sameish sir. just not in college anymore. more like pay for the scam college i went to lol.
they got their lower prices now for the feeding frenzy
this guy is looking to fuck
noticed the same thing. drives me nuts. no idea how to change.
convince the hookers to buy shib
i'm going to charter a jet and it is going to look like the bachelor party from wolf of wallstreet
i just orgasmed thinking about it
hopefully this happens at the same time as moass so i can gtfo these reddit chats every day lol
of course hodl. i think when it is listed, we take out at least one zero. don’t you think?
hold until the lambo
haha same, i feel it coming, just like a shit, predictable as hell
any hints kindly apriciated...
keep an eye on the test levels, shiba right on schedule , it could dip back down to the 44 support line again but historically we’re about to go parabolic . next 2-3 days , if you’re selling now , you’ve made a big mistake . nfa**
ik most y’all joking but if you actually did some dumb shit like that😂
whales are down in lambo car dealerships testing real life
if you bought any shiba in the last year you are looking solid
> jose canseco rofl
because we’re going to the moon
was you here 48 hours ago? 🤣
they are working on the wallets 1q when don’t know
i wanna see atleast .1 before i think about cashing anything
your taxed on any gain once it’s realized
,000. i lost that playing roulette on 1 spin. big deal
buy and join the warriors
and for all of us who bought a lot lower, we can buy too. i did.
this is the dip. buy now
you’d be dumb to not just leave at least 20.01
yes the shiba block change is going to be huge and it should make so really nice positive gains for us hodling
more like 4 so i can cash out when go brandon isnt in office
my personal opinion is that safemoon exchange will be bigger than binance and coinbase. shiba will be wayyy bigger that doge.
similar... i bought originally on 9
doge is garbage. shiba is 100% better.
this is a dip, when it goes 2’ll still be waiting
them wall street boys play dirty, they had videos of them fucking around with a chatroom like this but for doge
my 70% gains in a few days is pretty funny as well 🤷‍♂️
i’m up roughly 70% since tuesday evening cst
he must know something we don’t
i am sorry that you are gay
people are typing words into their keyboards and hitting enter.
crypto goes up. crypto goes down. don't worry about it. it will consume your life.
because the parents raising them were the ones outside and do not wanna deal with the dumb shit they did as kids😂
0.005 is more realistic unless a colossal burn takes place
i know i just wanted to hear someone say it🤣
nice to see you again... yes alot of drama, still double screening reddit and the graph 😅
you sound like the grocery checkout attendant asking me if i want to round up to save the little shibas.
europe i believe, could be wrong though.
ounded in 2011, kraken says it is the world’s largest global digital asset exchange based on euro volume and liquidity. globally, its client base trades more than 60 digital assets and seven different fiat currencies, including eur, usd, cad, gbp, jpy, chf, and aud, its website details. kraken was the first u.s. crypto firm to receive a state-chartered banking license. the crypto exchange serves more than 7 million traders around the world.
don’t forget to take profits along the way…take out your original investment at some point, plus some extra to reward yourself, then keep a moonbag.
that is highly likely
that is what i thought 🤣
bam, got it. hold, you magnificent bastards.
that’s 90% of the fun of owning this coin
nope, since i memorized it last week :d
thank christ, i thought it was just me lol
i just can’t wait until my friends say, “wait, you bought shib at .000015???? it’s .03 now!!” 💎💎💎
i count shibs to sleep
oh i’m freaking holding till i get my number. enough to pay my debts and buy a house.😎🤣
who needs x box, phone calculator app is the greatest game ever 🤣
okay i like this image but this has to get posted every day
don't forget to calculate how much the government is gonna fist out of us all if we make it big ✊👊
i have a spreadsheet dedicated to this. not just shib. but alllll my coins. 😈
if we burn a million shib everytime this meme is being posted, we'd end up burning 95 percent of the total supply, twice!
anyone who denies it is lying. lol
everyday until one of my calculations hits!
thats the first thing i did after buying 270 million coins🤣😂😅
me af i'm only holding 5.6 million right now but even a jump to .25 would give me .4 million
fuck this is hilarious
i also do this !
hahahaha! constantly! glad i'm not the only one! 🤣🤣🤣🤣
all i’m hoping for is .005
i’m just hoping for .05 and an 80k return. i can start making some moves in my life with 80k. fuck a million. i just need safety money. and before the comments go nuts on “you shouldn’t expect... blah blah blah”, i know, but a guy can hope damn it.
count how much shib need to get for retirement. it’s our addiction 🤣🙌💎
this was me until i was reading up on it. from what i read it’s virtually impossible for it to reach .01. it doesn’t have a market cap high enough to even support it. bitcoin doesn’t even have enough money to support something like that. reading that really bursted my bubble. butttt i’m still holding just in case cause, ya know.
all the time, my question is how do we change to fiat when time comes
a few times a day. but i usually stop at 0.10. i wanna be realistic.
shib kinda levels the field - the ordinary guys can acquire some wealth. but it is only going to happen shibarmy sticks to the plan - everyone hodl!
this is my husband 😂 i turn off notifications and forget about the apps lol
try 10. 100. 1000. 10000.
bruh y’all need to stop doing this or you’re gonna go crazy, come back in 2 years
not alone bud. i do it once a day. holding until it hits .5 at least
at .01 i’m taking out a few hundred gs and letting the rest ride
i do it all thew time
.0001 is the most plausible
i know all of us have done the math for this! but how do we figure out the taxes we have to pay?
i really hope we hit .01 i’ll even take .005
it's all of us calculating the inevitable ⬆️$
about 50 times this week
all the damn time. my hunch is if we get that robin hood listing, we’ll chop off another 0 within a few months. so just consider this (not advice, just a hypothetical): you put in …you now have ,000.
💯 do this! have to! till dreams become reality.
nope... cough cough... not at allll... ok ok you got me!!! yeaaaaasssss just a few times... that is all... really ... 😉
sheeeesh! lol i currently have 19,million shib. what would that do for me?! i thought of selling a little bit and keeping like
4 times today so far.
well get there together just
why would you need to do it more than once?
there’s a calculator for it online.
yeah me all the time, i just need 50k to build my house ! but if rtheres more off course ill take it xd
what’s the difference between .1 and .01?
😄 every soldier of our army 😜
that is my f ing life
at .05 i’ll be ecstatic and will be debt free for the rest of my life and a fully paid condo. my friends i pray that all of us be simple and reach our different goals (target price) and atleast help out others in need. after all there’s always a reason why this opportunity is given to us. “pay it forward”
it's most definitely not lol... same problem here...
all day especially since i just lost my job with 2 kids in college
all the time. 😂😂
hahahha! i m glad i wasnt the only one. i ll be happy if we reach 0.01
i spent . and saw it hit . a minuscule investment. and a nice return. i’m throwing random 5s and stuff into this here and there from free cash balance in my account after stock buys and sales i had doge coin when it was around thjs value. cheap. patience didn’t pay. i had . two months later it hit a penny. a nickel. stayed firm. months later .25. .71. if i held my ten. my millions of doge. i would be a multi millionaire and i look back. woulda coilda shoulda but doge was made as a joke by a crap team. this has really good developers. it was sent to india for aid. and that means thjs coin will be used and circulating s their government unrolls it for covid aid doge didn’t have that. helping the world. to burn coins (this happened weeks ago). but we do. we already have real world value and are having this spent to help those in need. with time abs patience your forgotten ,000 or more.
lol it is not just you!
how do i calculate this lol?
you are not alone 🤗🤙
should i buy more? that is the real question 🧐
497 trillion shibs x $.01 = .7 trillion market cap. crazy high. simple math: burn 50%, market cap cuts to more reasonable .85 trillion, halve supply, price moves twice as fast!
no, that math is too easy.
that’s been me this whole year! lol
how do i do the math to figure out how much i’d get at 0.01? i bought at like 0.000007
iam holding untill it gets to 10.00...ya i know maybe a 5 years or longer but who cares...hold for ever till we get higher then all the rest of these scam coins...
lol also anyone see this clown on tiktok. saying when shiba goes on robinhood it will go up 1000%...lol do not get me wrong would be amazing but come on...
same here, kind of crazy but your not alone
i’m mature now, i stopped doing this last week! grow up!😂
got 57+billions shib now by pumping like junkie as it dipped. pressing 1-2 zeros, ain’t hard.
anyone else enter eventshib.pro on youtube?
glad to know i’m not alone
technically it seems impossible to get there. even 1 cent seems far away. only way it could happen is if devs decide to burn 99% of the coins which may or may not happen. but i do believe in miracles !! just hodl
you are not alone, i do this to often
nasadoge is going to the moon last days!
yes, and the calculator always says the same - buy mooooore :d
😂 🤣 no comment.
market cap is the main factor. shib may reach. 0005, but without a significant burn or a massive injection of cash into the crypto market (mass adoption), i think that is where it will plateau. a significant portion of the supplied, at least 80% will need to be burned before chat of and further zeros being knocked off can happen.
gambling with the odd in my favor lol, so yes :d
this thread has to be the funniest thing i've read all week blessings to all 👊
when yall think robinhood will pick up shiba, i knows theres a petition on change
💰💵💲💸you are not alone! 😇🤣😅😂😩
me and my buddy were just doing this last night lol
i do this all the time and my wife says the same stuff. just bought another bag of shib last night!
men, i do that every day lol
hahahaha no it’s not haha
why? just forget about it till one day it goes up
ladies night out cancelled! 100….
but will it happen ;)
doing this math is the reason i just keep buying more, lmao. i had a goal to reach 100m shibs. currently i’m at 30m and every time i do the math i’m like “do i really need to reach 100m shibs? am i being too greedy” lol. the dilemma.
people gotta stop saying that it is not possible for shib to make it to .01 and above. when trillions of coins start getting sent to dead wallets people are going to be lookin dumb. they will burn more tokens and it will increase the rarity which increases the value. it can absolutely do just like doge did. the supply will get burned down to a reasonable number when the time is right. just gotta be patient🙌🏽 let it be so!
balance out your crypto portfolios. algo, amp might be good to own for the long run.
lol... that is me every big percentage jump
yeah very often. but i have my fingers crossed for 0.01 now. that can get me outta debt and retire me. and i am hoarding more shib.
i just cannot...i just ride it out here with my brothers...
i'm at 2,688000 and check every cent scenario atleast twice an hour lol
may i chime in on this one? everyone is counting on ledger funds and fiat currency. the reason why the world bank and the like is looki g to shut down the crypto market is because it has the potential to bring off ledger funds forward or atleast to merge them. in my years in the business i have seen several quad of actual currency. so nothing is impossible ladies and gentlemen! this is not fairy tales and pixy dust!!! this is absolutely real! on another note, shibs possesses the best opportunity make multiple millionaires and assist both local and national economies irregardless of nationality or geographical location...
somebody should help me with some coin please 🥺🥺
if you go. to burn shiba please donate something to me
a lot of coins need to be burned to reduce the supply. needs to happen before we can even think about .001 or .01 jmho
right! it actually beats gambling. cuz instead of buying a 1 time ticket, this keeps adding excitement. half i he value of this coin is watching what it will do next.
time to buy more my friend.
right was just telling my wife, i have a feeling that shiba will do what doge did when it listed on robinhood. this coin is getting a lot of tv time. so it’s now in the public mind like bitcoin and ethereum
told some of my friends to invest 100.000008 ( that s when i bought, june 2021), no one listened… not all of us can make money🥲
funny thing is most of your friend would also have bought at that price level. .03 is a dream my boy!
it is my dream that shiba reaches 0.1 at least
that would be the best lmao
my family did that with another coin i was invested in lol
don't worry they would not because it will never happen you new guys are pathetic
that’s a good one but i’m holding until i can reinvest that money for passive income then i’ll enjoy the luxury life
bro it is mathematically impossible damn will you new guys educate yourself on market cap and tokenomics!
how do we do that?
in my country there is not anything like that
glad its tax free income where i live!
make sure you hold it longer than a year ...
how you burn coins, explain that to me
even if it doesn’t hit doge levels, if it just goes to .025, which i believe is entirely possible, you would be sitting on a cool ,000. that’s pretty dope. for real. also, and this is just what i would do, i wouldn’t pull it all out if i took some gains.
lmao "even" that is highly unlikely. that would require a 30 trillion market cap
do you even know what that marketcap would be at 25 cents? it's impossible. literally. impossible.
i am also have about 3.5 million shiba and waiting it to reach 0.1 so i can say i won because i did not invest in it from a year, i have to wait more time to reach 0.1$
🤣 .25 cents??? 🤣🤣🤣🤣🤣🤣 you truly are a moron ever heard of a thing called market cap? a thing called tokenomics? 🤦‍♂️ you guys deserve to lose every penny, just wait, it will happen lmao
bro wtf are these guys thinking my god are people this ignorant everyone should have to take a quiz on market cap and tokenomics before they can make first purchase lmao but hey maybe hidin' biden can just print everyone their money 🤣
true, but that is under current market conditions. things are getting awfully close to a collapse, and as we run into uncertainty, more people are pulling out of the economy (not just us), and putting it into assets that are known to be a bit more stable, and for the first time, crypto is on that list... "current market conditions" may be no more by end-of-year...
bingo give this man a stuffed bear he wins the prize atleast you understand this because so many have there heads in the clouds been in crypto for years shiba is a pump and dump coin rinse and repeat with so many great projects out there this is just a money grab trust me
if everyone bought a single coin i would get on that boat. what the cap doesn’t account for is people buy millions at a whack for .00000835 a coin. 1 coin per person? ya, never going to reach that .01 mark. 1 million people globally buying 10 or even 100s of millions of coins now? there’s a chance. it’s why doge went to .70 cents. here’s the funny thing about crypto, standard economics don’t always apply perfectly because ... well, i personally have 20 mil locked up. could never do that with any other coin. can’t do it with eth, can’t do it with btc etc. therefore those market caps are true because they’ve gone through the “whale” sell off phase. at some point all of us sitting on 10mil or better coins will be whales. we will sell, it will drop and the people in after us will set the next floor price wise. in the meantime, hundreds of millions of coins will be lost daily, broken wallets, dead people, eventual burns etc. it’s not a matter of if , it’s a matter of when.
it is not the problem here after selling it think how will you take it out in cash
can’t help it. im going insane
still gotta buy more on the dips
it wont make it to a penny
amount you hold x the imagined value example: 5,000,000x.01= ,000 (.01 would be equal to 1 cent. .10 is ten cents, etc)
that would be nice, its more realistic
in my country we have no taxes in crypto trading
this will happen by end of the year
i am holding out for .34
10 cents and 1 cent
.1 is 10 cents. .01 is 1 cent.
lol you should not be investing
i already "pay it forward" (money and time) and have done so all of my life without any speculation of financial windfalls from this investment, however, i like your spirit. whatever your financial blessing will be, remember, it is only money and you cannot take it with you so do good for as long as you can
you're getting downvoted by deluded people lol
this. its not going to happen. it would need 6 times the market cap of bitcoin to get to .01
i have that on my other investments. i just think having shibs will expedite what i need .
if this does take off what sort of passive incomes are you going to be investing in?
mathematically there is no such thing a impossible.
it's not mathematically impossible. it may be statistically improbable, but those are two separate statements. edit: also, if you have any good resources to share, i'd totally check them out. :-)
what is this magical place
sending it to the dead wallet which no one can use it again
what market cap would it take to reach a penny? some coins have smaller caps but still cost more.
burns happening every day. not possible now. but eventually possible.
nah you’re just a chode idc if i lose every penny what matters is the fact that crazier things have happened and if it reaches 1 penny i’m buyin a mclaren and i’m gonna tell you personally to lick the cheese off my sweaty balls
y wouldn’t it everybody said the same stuff ab doge and it hit 73 cents with no market cap shib can def hit a penny in a couple years
did they really just ask that question... you probably should not be playing with money... wtf
0.005? what is your theory why?
is this the same person who asked how to calculate your potential gains... holy shit...
i bought mine a little less than you did, 0.00000595
do not forget burning and whales
rentals and partial owner of business’s
did you say move to a country that does not have us jurisdiction?!?!?!?! lmfao (joking uncle sam, i'll pay you i swear!)
egypt or as it is name egyptian language kame
no one, you mean myself too?
wouldn't they still technically be in circulation?
it's about supply. smaller coins dont have a quadrillion in circulation (about 300 trillion now) without the burning of a significant portion of coins. for shib to reach one cent the market cap would be 3 trillion which is 3 times bitcoins. bitcoin is 1 trillion. it's possible but it would need a massive influx of new cash into the crypto market
it’s exhausting the deal of these people referencing market cap all the time without counting on the burn. smdh.
not fuding but really there is only 1m dollars worth of burn planned so far, there ought be huge burns to get us to the moon.
oh yeah. in 10-15 years! if people still give a fuck about this shit coin
lmao sounds like you should see a dr funny watching all you bottom feeders coming in trying to think you know something about crypto so you buy the cheapest piece of crap coin there is hoping to get rich lmao while guy's like me have already made a killing buying good projects sorry you would not be buying a mclaren or a prius for that matter and the only one licking your cheese curd balls will be your boyfriend
i actually questioned that as well, but i also thought... they deserve to know bahaha 😂 maybe they are trolling
not being mean, but if you cannot do simple math calculations, then you are going to have a tough time managing the money you gain from your investment
burning and whales are not magic words that make price go up
i would like to go to there
what about doge tho what’s shib compared to that
how does your comment make any sense? doge has no max on the circulating supply? so everything you said about shib and it’s capped supply doesn’t make any sense. i’m starting to think that it doesn’t even matter about burns nor the amount of supply. i think it’s all rigged but idc as long as it goes up cause non of it actually makes any sense now because of what doge coin did getting to ath of 73 cents and that should have actually been impossible…
everyone mentioning the burn but if you look at the burn structure it is literally so insignificant it does not make much of an impact on current circulating amount.
nah it’s called hope i only got 4 grand in and if i lose oh well and if i make anything it’s a win if i make a million i’m gonna laugh you’re gonna be a chode regardless
well would you mind helping me figure out the formula needed to do these types of things
burning does take the coin out of circulation correct? i thought the whole point of it is to increase the price
doge has 131 billion circulating supply. so about 3,319,327.731 times less then shiba. and doge has a market cap of 31 billion. shiba has exponentially more coins in circulation so for it to achieve something like .25 or .10 shibas market cap would have to be literally double the entire united states' gdp of 19 trillion dollars. that would make shiba worth more then the top ten largest company's combined, twice over.
see i agree with this. i threw money into shib because at this point nothing makes any fucking sense anymore with what happened to doge. like, rationally we can fundamental and technical this out all we want, but in the end, with something like doge i never expected it could hit as high as it did. this stuff is insane.
a chode? wtf is that? na your just wishful thinking kiss your money goodbye 👋 but i'll be happy taking your money 😂
just type the total amount of shibu you have and multiply it by .01 to see what it would be worth. for example, 4,000,000 shibu x .01 each = ,000
well yeah but are you gonna burn your coins?
but why would anyone besides vit (who likely was donated his coins anyway) burn their liquidity and throw their money out the window just to make everyone else richer?
your math and logic is not welcome here sir
look, i agree with every word you said, but we do not know what plans do shiba team have about burning and do not forget about whales, robinhood and the supply of many country (specially latin ones)
yes! hopefully deleting a zero soon. just hodl and don’t give in to the fud
i’m hoping 10 cents and above 10 cents and i’m a millionaire one penny and i’m debt free and able to start new endeavors so to the moon. only think i wish i would came in back in march april
this is going to blow up like a nerd touching a first set of boobs
10mn and holding. woof 🐶
some heavy hitters making moves but the army keeps eating the dips.
december is going to be huge. everey december you see this huge uptake in crypto
feels like it could push to .00009 again. i moved a little more sideline cash in
soon…? 🤣😂🤣😂🤣😂🤣😂🤣😂 it’s been blowing up!!
we are gonna eat that zero!
i see that most of coins holder changed their attitude to shiba inu just for a few days, give them a few weeks to swap their coins for shiba inu and we can get a trip close to mars at least…...🚀🚀🚀😊
it’s been exploding in my opinion. i didn’t make a fortune yet but i made enough to now have a bankroll for investing that 80% profit so any investments i make and get a return on all started from profit only
800 mil shib and holding
idk, lets see...i think with more announcements we can beat one 0
i just want enough to buy a holiday home in tenerife and bit to live on
it will get bigger than doge because it has a limited supply. it will outperform floki inu in that having a greater token pool will protect against shorting
when everything is said and done, what’s the best play for my 5.6m? do i sell it back for usd? if not where should i put it?
0.00008226 right at this moment! we will lose another zero this week gtfi buy more and then buy some more after that!
sitting at 5 mil!!!! just purchased more literally 29 seconds ago. hold the line guys !!!!!!
600mil shib seat belt tight for another launch !! practicing going to mars since 3months now !
shiba inu has rebounded very strongly
genuinely hope so but knowing how some people get flighty worries me… if you know what’s good for you… just keep hodling… just keep hodling…
hold as if your life depends it 😉
my only regret is i did not buy more earlier. this coin is still an excellent buy at this price, i'm confident it will get to over 0.01 far quicker than anyone has estimated including myself. momentum is there, and you can buy a shit ton, everyone's going to make money. i'm in it to make some as well but more so for the sheer madness of it all! fuckin let it rip!!!
we need a big burn to reach the moon. rockets need fuel to push the atmosphere
its doing great, 7 mills more than yesterday.
norm... nothing like shiba, now, slowly, gradually 1-2-3 then bammmm!
please, please, please let’s lose another zero for good!!!
would love a deep pullback here and there to give more people a chance to get in on what we have.
with such a low cost to buy in, i'm happy to hold indefinitely even if i lose it all, i only put in 200, thats a safe investment for me right now. if it hits a dollar i'm a millionaire, if it reaches half a cent i'll be happy, so on so on.
none of this is incidental. shib has serious backing! don't panic, do not sell, just hodl.
u mean more than it’s currently doing?
i hope so. but not too soon. i have 3 million shiba inu coins and i'm hoping to buy more in the next few months.
this is could be life changing to all of us... just hodl and buy more
i hope it will get over a penny but paper handed people tell me it is impossible
135mil and i buy more every paycheck
the army must stick together. hold! doubling your money is great but 100x is much better.
if dogecoin hit 75 cents outta nowhere from half of a penny why are people making 1 penny seem so impossible with shiba?
ameritards are waking up, it will hold. let the fomo continue
200 million and standing besides you all o7
this will make us millionares, easy money to the moon best army!!
this weekend it is gonna blow i reckon so hold tight boys and girls
isnt this blowing up? like its gone up 50% in a day, isnt that enough? how much more does it have to go to ”blow up”?
i invested today and made like 5 dollars profit. should i leave or pump more?
10m here let us fucking gooooo 🚀 🌕
once you take out loans to buy crypto, you're gambling, not investing.
48 million shib and holding!!!!
good morning y’all, i’m hungry who wants breakfast? i believe the menu is another 0
honestly at current trend .10 by the following december seems more and more realistic provided more burns and new burns via transactions keep going in larger sums
imo it’s gonna go this way seems like big whales sold and price went down though picking up again but not like yesterday regardless i m holding
from a technical perspective, momentum oscillators need to reset for this to be a constructive pump. the relative strength index was up to 96 on a 4 hour chart, which some say is 'over bought'. trading bots and experienced day traders will see this as an exit and take the profit from the move and wait for consolidation. a healthy consolidation can last for days to weeks. the price action will be within a range. usually a previous high candle close or area of significant price action or a fib level. this is where the wedges and triangles form that pattern traders love. the interesting thing that i've noticed is that shib is in a rotation with bitcoin. meaning shib is consolidating when bitcoin is pumping and when bitcoin consolidates or corrected, shib pumps. i feel this benefits shib greatly as long as shibs corrections do not shake out the paper handed noobs. just hodl.
checking in with 84,000,000 shib. hodling steady.
20.4mil shib and hodl
if it goes to 1¢ i’m building a house in another country and moving
i just bought the dip and am up to balance: 200,089,914.89510012 shib! it better blow up. buy buy buy buy before it does. if it does not then wtf i still have my nuts. this kind of game is not for pussies.
i believe it is around where what it will be for a bit then maybe blow up a bit here and there but nothing crazy like last two weeks. it will steadily grow. just not as fast.
i hope all your wet getting-rich-dreams come true. 5$…10$…lets be serious boys. every single holder with > 100.000.000 will cash out before you can go through the abc-alphabet. thats the signal for all the paper hands out there to sell afap. eat and being eaten. family as long as the currency is undervalued. then „man is wolf to man“ after a certain peak…but i will be with you all and holding hands. after the „crash“ aka cash-out, shiba inu has all the time in the world to become a community coin.
fuck yeah i do!
yes mate. it is gonna blow reason being only cheap crypto compatible in both binance and coinbase compare other crypto !
i need a macbook. my macbook air isn’t turning on since a month and its battery is also gone bad. its a 8 year old mac so no use of spending money on its repair. so i want enough to get a macbook pro. till then working on a tab. btw i have only 4 mil shibs.
probably not, unless some big buys come in. i think it will settle around .00007 for a while till a correction, significant burn or more whales hop in.
i’ll definitely try my luck and wait until i see it go to a dollar!! dream big or go home😉😉…(this is not a financial advice )
why only eat one zero when we can eat two? -shibathought
at 8 million and holding steady captain
i know everyone is praying and hoping but is it even possible with this much coins? i read somewhere every person in the world would have to buy some for it to just get to .01.
must hold until it is
looks good to me i bought more on the dip.
i’ve got 36 mil and gonna keep holding
right, i think .00008 is now the new floor. it’s going to gather strength and launch from there to .0003 at least that is my guess.
soon? it's been blowing up, just needs to keep going!
i bought the dip last night. it dipped even more. the original amount i put in is making money while the other part is boutta break even. can’t complain too much
gonna hodl till atleast 0.5. let’s go.
might level off for a few but we're not even close to being near the top top. still just the beginning. for those doubting, go look back on the doge threads and it is charts when it was still below a penny. and then compare doge's utility to shiba inu. take a look at the number of members on the doge reddit compared to shiba inu; more will be coming over, we're likely just the first 1 to 5 percent of people getting in. i fully expect this to drop another 0 very soon. very exciting for the prospects!
blow up or down it’s a matter of time
it will break at least two more zero's until end of january
these are consistent patterns that show a lot of opportunity
food or lambo for me
**i do not want to insult anyone as i have quite a lot of shiba too, but this question in this subreddit is a bit of a meme. having said that, i really think it will explode big time. just hold on**
300 million bought a month ago. we’re already on cloud 9. hold to the moon
the more we hype it the faster we get rid of one of those zeros
all in! balls deep!!
it is already blown up big time, but hopefully it does even more. cause i have got a lot of debt.
bought in as soon as coinbase listed it started by converting free cryptos to shib then invested 150 and so glad i did
there is 500t of supply now. it use to be 300t. a whale dumped his shit.
hold shiba, doge coin was a joke and look where it got up to. shiba is serious and has a solid team. this is already going places. 7th largest crypto in the world
i do not. i see it languishing here for a while, then drifting lower. a robinhood listing is not a given, since they are trying to thistance themselves from memecoins and their mercurial nature, and focus more on long term serious investing. no one has any real rationale for believing shib could eat 3 or 4 more zeroes. how on earth could that happen? how does the hype get bigger than it did yesterday?
had to cop 7mil more shares a few minutes ago. to the m00n
asking that question here is like asking a pack of dogs if steak is imminent. the answer is always going to be woof! 🐕🐕🐕 🚀🚀🚀🚀🚀🚀🌙
i can see shiba hitting .01 by the end of 2022 unless something big happens by the end of this year regardless, just hodl
all i know is right now shib is on a thiscount today. time to put more money down.
think we have a strong support between 5-6 last resistance is 9 then we will rocket to 25
well shib broke my cherry. i bought , only spend what you fell comfortable losing is my moto. best of luck to us all!!!
things like this take time. just enjoy the ride newb
been like this for whole month, just sit back and grab some popcorn. there is also buying the dips that will likely help, if your looking for a buy.
blow up big soon? it already has blown up big. if anything it will dip for a bit before another surge.
the crypto insiders are trying to save their positions and holding, but the free market refuses to yield. that is my take. my solution, crash all the other coins and buy shiba inu. tell your friends, buy shiba and sell everything else...i think🤔, this is fucking confusing, lol
it’s already blowing up
currently i’m holding 60,079,177 at close to . drop two zeroes and i’m at . i will never let go. i will never let go. i will never let go. i will never let go.
sucking dicks or taking trips type of hold!
this is an investment. i’mma hodl, for a minimum of 5 years. but i’m not going to lie… i gained so much profit last night it took everything in me not to sell lol! but i stayed strong! so proud of myself! 💃🏿
it’s blowing up dude
anyone else feel like altcoins have an upward pressure on them, almost like they "want" to be greater than 1¢? that's the theory i'm working on, and i'm willing to risk my initial investment to find out. i also feel like that upward pressure goes away, or is at least counterbalanced, when it reaches the 1 to 20¢ range. hype might drive it further, but i'm not sure that it will stay. so yeah, i'm looking to exit somewhere in that range.
join r, not as populated and its for shib holders only!
have a patient for ten years shiba will be hit 0.1 haha
that quick let go moon
me 🙋‍♂️, once robinhood adds it.
i honestly think by march 2022 it could be at
just read someone who bought ,000 worth a while back now has a value if .5b. he has to start pealing that off a little at a time. people like that will cause to to drop at some point.
took my 1000% gain and got out. way too high imo to keep riding. i think the hype is almost done. where is remindmebot for this
shib will crash to 0.000007
one thing i do not get ( crypto world newbie) is this "shiba inu cannot get to 1cent, 10 cents or 1$) because then it would excced x amount of capitalization). why so many repeat this opinion after what happened to dogecoin? currency with unlimited supply reached 0.68, and it value drops, but shiba is deflationary, has limited supply, huge burns. i know that it would be first crypto with this gigantic capitalization, but it is still possible, just like with some companies with huge stock value without incomes supporting these valuations.
i’m up 760% on a .5 million more (~).
i’m up almost 1300% in under 4 months. dropped another
i don’t know, but i did just buy a couple million more.
the ups and downs are good i believe as it gives i time to cure and get rid of the short changers and non believers... this will make a more stable coin for our future
who else here has all their coins staked for 3 months right now? lol
so do we make money on how many coins we have or on how much we put in ??? please let this tard noob know
still waiting on shiba to be at least 25pp
do you think it is still a good time to accumulate more?
blow up again probably in another 2 weeks seems to be the trend. we’re roughly at .00007 rn, we might delete another 0 before the next explosion, but not likely. next take off though definitely.
it just did an 13x, why are you all asking if it will blow up. 13x is blowing up. take your profit and be realistic
all the way up!
we all know some will sell so it will go through a lot of dips as it gets to .01 ( i really have a good feeling about this) it took. doge 4 yrs to get to .00001 while shibs it took only months. dont fear the dips , take it as a seconds chance to buy.
slow and steady would work absolutely amazing for me. don’t need to hit .01 this year. anytime in the next year or two and it’d show staying power and actual value.
if it’s establishing a support level that’s great. and a good opportunity to accumulate more.
waiting and holding until it has burned 3 zerooos
yes !!!!!!! it's going to be wonderful
the last consolidation period was about two weeks. i would expect the same over the next two weeks unless a catalyst causes a break out sooner. i do not really see anything pointing in the other direction.
no, i think we should be satisfied as long as price remains stable
it'll probably be a week or so of consolidation like last time, then another 100%+ jump. it's been fairly consistent like that.
6000% run! i feel it!!! make daddy great again!!! (or a first time, whatever)
i invested 500€ in march and i’m not going anywhere
i reckon 0.00015 by monday
just do not think about it. i bought 33mil coins at . it hit like , but who cares, i'm holding it for years to come
it seems it will consolidate a bit but i think it will blast off soon. so close to dropping that zero 🤑🤑🤑
i am just gona hold or you will end up buying high
it's like a rubber band it is propelling itself higher! right now it is low for more people to hop on before launch again
it actually helps dogs. what’s not to like.
shib is retracting a bit but oh man. 🚀!! don't miss out!
relax ride the waves 🌊
it'll be interesting to see if another crypto-mania is gonna take place next month or at the end of the year. either way i'm staying put and keeping a close eye on things
it will rocket soon!! corrects, consolidates, and will drop a zero, and beyond
sure, it could crash 80% at any moment!
i’m hoping one dollar by mid summer next year but until then i’m gonna just try to buy the dips and see how it goes. up another 500 k coins today
i’m good with the breather after a killer run. i expect it to take off again.
just bought more! 🤑
i bought 15,040,000 coins 😂 i’m up over 800%
everyone just tryna be rich
buying the dip and holding
robinhood is the last stone
when eliminated a zero and started to consolidation period over a week i was happy. what goes up too quick will hit down too hard. consolidation in an range means the coin stabilizing hitting new highs and new lows. if it does thus for a few days an consolidates in this range it is better for the coin and stability. at least from reading the markets. the coin could go down, but it would be less likely of "plummeting" also with all their projects on the people need to keep up and know they have shiba games and the blockchain. people think .01 sent is not gonna happen when they thought we wouldn't reach this range until 2025. process and keeping the hype.
old school hodlr of a few cryptos. shib is one more. i bought this little dip happening right now. ride or die on this one!!
this is what they do they go up then have small crashes and it scares people so they sell but it will go back up if you look back at doge it jumped a lot back before it shot up to .7
just waiting for it to hit .01✋ i already intended on leaving it in there for a year or two so lets go!
blowing up and off a few zeros
just bought 2mil worth of tokens. hope i’m not too late for some capital gains!
tonight. its friday in asia to the moon!!
just people selling!! that’s all. it just stared goin up 😃 ✅💹‼️
best course of action is to wait. let it hit 1 dollar or over.
it should b down now there is no way it keep going up lol
well, that is why we're all here.
it’s going to blow up, no one knows when.
hodl! doge followed the same suit! 1 dollar! let's get it!!
guys , you guys think it is would hit 0.01 in 5years?
it's consolidating to give support, which is good. preparing to head to a higher ground
yes, this is just the usual consolidation between high rises. you may use it to accumulate
it feels abit like it is being held back? i'm no expert though just seems a very thin line atm
just add on and hodl , ignore the fuds and the thistractions of other new coins .
shib is going to explode a few thousand percent up.
crypto is becoming mainstream. shib is a front runner and has the most potential for extraordinary growth. shib will become more stable after that growth. a major investor will control the price by exercising its holdings. the popularity will have everything to do with the marketing by the major investors. crypto is emotionally driven and human nature picks proven winners 🏆. shib, along with other crypto currency, are becoming increasingly popular and apart of every day life. doge, shib, etherium are household names now. we just have to wait for everyone to normalize it. we are literally the pioneers of crypto currency right now in history. these short gains are just showing the market potential and building credibility with much larger opportunities. our shib community needs to remain strong and keep the positive vibe afloat. educating these new investors is going to be the key to success. here's a robinhood petition to sign if you want to actively try to increase the brand value.
i think it will act like crypto and do crypto things. will it go up? yes will it go down? yes will it get to .25? maybe it has made a new floor that remains sold in the 5's.
most you guys are full of shit. you have to sell you shib coins to pay your bills
why did they add another 220 billion circulation on coins
holding until the very end brother 👍🏽
with you all. holding a ton of shib and not selling
given i only invested , i already counted that as a loss. so it’s gonna sit until it either implodes and doesn’t exist anymore or i gain enough to pay off my student loans 😂
why invest in fast money? hodl this 10 years and see the effect, they have a great value for customers. every crypto starts from the bottom, all we need is acceptance from the world and this is the next gen of coins. we dont even need acceptance, we need exposure and thats what we are getting, everyone innit for fast money is going to be burned. im holding atleast 2 years, but probably longer. remember, invest what you can lose or you lose.
i don’t know what fud means and at this point i’m to afraid to ask
retirement or nothing, hodling til i can retire...
rethistribution of wealth in real time... jump out of all your positions in other cryptos and buy shiba inu...make them understand the free market does not flip flop. what's up with the circulating supply changes? the old guard is here. kill the old guard...
with my 135mil a penny sounds awesome
you think it’ll ever reach ? that’ll be fucking awesome
they will have to burn 80 to 90 percent of the coins for it to go there.
so i’m holding 37 mill in shiba, if it does hit the 0.1 mark how do i work out how much i would make? asking as a complete novice here
this is my favorite comment. thank you for the laugh good sir
shit my time to shine
i was so nervous, man.
lol i have 61 mill that i got for like . i probably should’ve bought more then oh well 🤷‍♂️
im almost at 1mil. i just wish i would’ve gotten in much sooner!
army strong holdin for the golden!
the army is growing by 1,000s daily!!
if bitcoin goes up and shib goes down, i will convert more bitcoin to shib.
i bought some chips to go along with the dip. yum yum
this means if there are 549,095,000,000,000 in circulation, the top shiba inu whale holds 395,348,400,000,000. wo needs 395 trillion coins
to the moon it is then 😎 i’ll see y’all over there!
apparently 1000% in a couple weeks is not good enough 🤣
people are delusional, it rocket, went to moon, but people are expecting it go to andromeda galaxy
guys, i have bough shiba inu a few months ago. it was always upcoming trend always. it always has an upward trend. of course it slows down and sometimes even falls, but it grows steadily, sometimes strongly, sometimes not very much. in short, now i am looking at the chart and i see the same uptrend and i think we will see a big jump in the coming days. i hope everyone will learn a lesson about their rewards in the amount of millions. one favor, just do not jump, do not fuss, put the money in and wait, let the graphic grow, fall, stand still. forget about that money for now. when investing in something, always say goodbye to this money, your nerves will be stronger. tell yourself that for this money i buy a probability, an opportunity to increase my well-being. it will be 100% is good, it will be 1000% is super, it will be 0 well, okay not today. just when you start panicking you do not think that because of your panic others are suffering. calm down and forget about this money for a couple of months, and then you will be pleasantly surprised. these months the sheb grew beautifully, went up 30%, fell 15%, fell 15%, then a jump plus 45%, then another 35%. everybody put their money in and do not fuss. i wrote it because i see a bunch of motions. did i put a little? i have only 5millions coins. if you can not buy more just calm down and forget about it. am i that it is falling? and what do they say bad about the coin? and i heard that it will be bad. guys are calm down and without unnecessary gestures. just enjoy the ride. stinginess breeds poverty. i have 22k in coins and ok, go ahed jump down, up. i put and i believe that coin will make me rich. sorry for english, it’s my second language. i hope you atr able to understand what i want to say. good luck guys for all of us. 😊✊🏼🚀💎
this. it’s definitely been making gains for a lot of people. especially the ones that got into it at the very start when the price was so damn low
not selling. not going to f this up for everyone (notice it’s not about me but about the community). that’s what this is about, and why folks can spend millions marketing their coins while shib grows organically
while you're not using it can i use it? heh heh
i'm buying one in valencia!
i hope nothing but the best for you brother. get that holiday home!
sell it for bitcoins
sell it and live comfortably. though invest some of it.
buy more meme coins e.g saitama inu, dogelon, ... on little platforms e.g gate.io
fuck i’m so close to 1 mil. shall i say fuck it and purchase more?
dude coinbase set my purchase limit to , wtf is this play
we get down baby, we get down baby girls to girls they love us cause we stay fresh to deaf
🎶ain't nothin gonna break my stride, nobody's gonna slow me down🎶
theoretically how high do you believe it can go? paper handed people told me . i hope at least 25 cents
doesn’t that just mean that they might dump it later after a few gains? i hope not, i am hodling!
take your profit and run
and for dinner it’ll be another 0
it's a good sign if it does not grow as fast. it builds resistance while growing, and take times during dip.
let’s be realistic here homie. .10 will be in incredible
im taking that advice
there's a burn mechanism. time and self thiscipline.
just a whale perspective
if robinhood list it ya will see it blow
wouldn’t it exceed the entire global economy at that price point? doesn’t seem feasible. although i don’t exactly understand how burning works so i guess i could be wrong.
god i hope so. i could pay off my student loans in one fell swoop, buy a house and new car, and still have a crapload left over. my days living in a tiny apartment and driving a 15 year old car would be behind me
jeez, that’s incredible. what made you get into shib so early on out of interest?
this means if there are 549,095,000,000,000 in circulation, the top shiba inu whale holds 395,348,400,000,000.
you can forget . there’s not that much money in the world. the market cap would literally have to be in quadrillions for that to happen.
i will be messaging you in 1 year on [**2022-10-29 08:56:13 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
what’s your reasoning for this?
edit ... will it get to .25? maybe. it has made a new floor that...
nah, this is just throwaway money for me. if i could not afford to lose it, i wouldn't have bought it.
why are you mad? shiba is cheap as hell
what is the very end?!
just how do you know it is the end? imagine holding 10m and it goes to 0.10c - you sell and become a millionaire - and over the next six months it goes to a dollar!
exactly, i have no goals... have "invested" around , and those free money from conibase... and i am 600% up...! and i believe with more development this coin has practical use, rather than just being a meme like doge.
fear, uncertainty, doubt. fud
that’s what i did. i went all in to hodl!!!
… i mean slight possibility, but you’re talking 5+ years and a metric assload of burning along with a lot of places accepting it as currency
i believe it could. we are a creative bunch who has overcome so many odds already. it may take years but we can grow this. i have an idea that would not only bring us to the moon but conquer it. but i would need the full army support.
literally 0 chance my dude, don’t listen to the gas lighters, though do hodl
honestly as amazing as it would be no. you have to look into market cap but anything is possible no one thought doge would hit what it hit
no, if that happens the market cap would be like . but .01 is very possible.
**no**, it will not reach . that would make shiba inu worth . for reference, the m2 money supply of usd is currently about . so shiba inu would have to become worth more than 20x the usd in circulation. so a practical upper bound for any crypto currency might be somewhere around -10 trillion. at , shiba would be worth 9x more than bitcoin, and 50% of all usd in the world, including deposits. and that would price shiba at: .017 a more conservative estimate would be to imagine that this meme coin could actually surpass bitcoin and become worth , in which case: .0034 let's try to be somewhat grounded in reality. i suppose another 10x is possible, but not very likely as it would require going up to the slot.
no. at 0.1 would have market capitalisation
the only way that is possible is if they burn a significant amount. i think .01 is possible and maybe even within the next year. but at , the market cap would be like a third of all the money in the world. i think there is definitely still money to be made here. i bought most of mine at .000025 and i'm still holding.
no only because if it did it would be worth more then the entire worlds combined currency
you sound like the guy that told me doge would never hit a penny……this is the way 🚀
37 million times 0.01 for a penny that’s how much it’ll be worth so for your situation 370,000
wait i read yours wrong 0.1 is 10 cents so 3.7 million if it hits a penny it’ll be 370k
you are very welcome kind sir
big saggy nice retard tits
as long as you didn’t jizz in your pants you’re ok
i feel the same, but if we hold long enough it won’t really matter either way.
what platform did you buy on so early?
that's what you always wish :d
you're fine, keep plugging away . main thing is holding and keep buying. the floor will keep rising. i'm holding at least a year from now. this will get bigger and bigger with more exposure.
i am mining btc for the purpose of shib conversion.
this time next year 0.25
just history. december is usally a good month for crypto the first time bitcoin hit 1k was a december same with 5 and 10k it's a huge buying month lots.of older people look to invest and buy gifts for there grandkids and an investment in there futures is the go to
you will see an influx of 1000s.of 65+ people buying 100-
exactly. it’s great that we have an expectation but... its a process that people have a hard time fathoming.
mannnn i’m trying get to 100m myself. stuck at 29mil
100% i'll help a brother out
that's alright we can holiday swap 😎
you take a loan for it on a defi platform, trade it for stable coin, pay back the loan later when the price collapses. say you borrow 100 xcoin which are trading at . ignore interest rates and lets say the loan term is one month. the day you borrow the coins, you sell. if the price goes down to , you just need . you keep the other .
i would tbh bro.
for sure. f buy the dips bla bla. we all want to see atleast two more 0s come off and then it would not matter much anyway. come pay day i'm buying more.
the most honest answer you'll get from me is i have no idea! my personal target is 0.01, but aside from that i could not tell you. what will make this a success to most is buying in large volumes. people cannot think of this the way they think of the dollar. we all know that 1 dollar is 1 dollar. meaning for example 100,000 shib may be the figure to match or equal value to 1 us dollar. and currencies around the world use numbers differently. the japanese yen being an example of that, i remember the turkish lira in the 90s, 1,000,000 lira equalled probably 0.25c us so something similar may take shape here and that is fine because there is so much volume that it is ok if they do not align as 1 shib = 1 usd.
.01 would be a larger market cap than all of crypto. it’s not possible without huge burn and years of increased growth in crypto. .
.02 and i'm a millionaire!
there was 1q coins in total and 394.8t coins in circ. 5 days ago. look at it now. with the coin burns and strong community support it is not far off. not calling anything but people honestly said shaving another zero off would be impossible before the end of the year after our last rally but we are almost there. cad has dropped a zero.
look at the amount of coins burned within a few days and the support. anything is possible
i wanted to find a crazy coin that was crazy cheap and on voyager i found this coin shib inu 😂 and i didn’t think anything of it until i saw in the news that shib was going way up
thanks for asking 🙂
bc you can’t expect to run up a crypto if you plan to sell it
millionaire... no inbetween. haha
when you lose all of your money
for me robinhood is the beginning, the end 🚀🚀 🌖
this coin is already more than that it already can be used to buy stuff
sorry, doge has been a stable coin for a while now. it is no longer subject to the vagaries of extreme volatility.
i think once the full ecosystem is built out with the shib game and all that the burns are going to come much faster than we can imagine.
people seem to be on the burn bandwagon, but i just hear “throw money in the trash”. sure burning tokens would be nice, but it equates to throwing money away.
you have my bow
you have my full support
the supply is so big it is not a matter of years or even decades. to get the number of shiba down to 10x the current doge amount we would have to burn a billion shin per day for nearly 1400 years.
what do you think it could hit? like 0.8?
dogecoin right now is at ≈.30, why people think that token created with limited supply that is also defletionary cannot reach this level?
how soon do you think
i do not understand those words, but i'm happy with your conservative outlook.
who needs to be holding 395 trillion coins
wow here’s hoping it actually gets to that point... it’s nice to dream 😂
yeah i’m holding, my shib is worth 5k so that’s a pretty good % change from
coinbase wallet it was actually my second crypto investment, doge was my first. a friend of mine spoke about shiba to me so i was like well doge went up lemme buy shiba lol. somehow it worked out, pure luck on my part.
who needs to hold 395 trillion coins
that'll be me retired then, 52 and retired fukin get in!
you’ll get there! dollar cost average is what i do (buy daily in my case), ignore the noise and if you believe in the project (i do) then you’ll end up 👌
thanks brother. i'll leave the fridge stocked full of beer, wine, champagne and leave just the right amount of space for a packet of crisps in case you get the munchies.
damn! it's doable. i thought crypto was mostly immune to shorting, but it does not seem to hard. but, i seems pretty dangerous to short something that can go up 10x in a week. thanks for the reply.
at , shib total cap would be like . is there even that much money in the entire world, across all currencies?
can you explain coin burning to me? as far as i can tell it’s just sending coins to a dead wallet but wouldn’t the person doing that be missing out on tons of personal equity?
what a find bet you can’t believe how far it’s come 😂 you got your eyes on any other coins that could go big?
don’t mistake my comment for not wanting it to happen. because i definitely do. it’s just what all the “supposed experts are saying”. experts said this would never increase 70+million % either🤣. if it hits a dollar i’ll be worth -67million. so i’m wishing like everyone else. just being realistic as much as i can. but i live in fantasy land.
imean id assume people are using their bill money to buy shiba? but hey wouldn't be surprised if some did
food stamps or ferraris
that is what i'm talking about. all or none!
i just want my nissan gtr
that's why we encourage others to do it while not doing it ourselves lol.
it would be burns implemented by the dev team and also automatic burns when hodlers move it around.
not really. it would kind of be like if you had five marbles that you bought for , but there is so many marbles out there that everyone who wants one can get one super cheap. so the marble company gets rid of a bunch of marbles and now there is less supply and more demand. now those five marbles you bought for . without burning coins the price is very limited. with the current supply it is impossible to reach , the market cap would be like a third of all the money in the world. but if there is way less coins the price per coin can go higher without having an impossibly high market cap. tldr: it is the exact opposite of throwing money away. burn = higher price = more money.
that would break the internet for sure!
i thank you but i will need more than a bow. i need a bunch of us willing to buy stock (with shib) to bring a company to life to work for the purpose of growing shib. along with creating better jobs for many many people.
thank you. buy and hold. but i never threw my idea out there. we need an actual company to intertwine shib into the economy.
do the math at what market cap that would shib at lol
who needs 395 trillion coins
it’s because of the market cap, not the actual price. and it currently has a larger market cap than dogecoin.
dogecoin is not unlimited. there are 135 million coins and 5illiom are added every year.
no clue. it could be a year from now, 2 years from now, or longer. you just have to hodl until then.
there is over a quad trillion coins though
you can say that lol
oh gotcha. what’s the difference between a coinbase wallet and coinbase and coinbase pro?
how much you holding bro?
that’s straight facts. i’ve been on board since about april’t pulled out yet. just ask my 3 month old 🤣🤣🤣
just like regular shorting, you need someone or a market willing to make the trade. and just like regular shorting, you have massive downside if the price goes up significantly.
you can do it personally but who's that rich besides our future selves. there's different ways to help with burning (listening to burn playlist, etc) that does not affect you in any way besides time but if you multi task should not be hard lol
if i do i will let you know lol 😂 i had no idea this coin came out in the month of my birthday 😂
lots of detractors constantly saying it would not hit . it's okay i will hold onto my small amount until it is time to sell
street corner or super car?
both, i bring home the ferrari and ex-wife brings home the food stamps.
that’s how you end up with none and the already rich guys with all.
who needs to be holding trillion 395 coins
the market cap is reflective of a the coin supply though. you could burn enough shib to get it to .
i hear people saying it could reach one cent and doge is infinite and legit went to 0.8
which is why we taking the coins out of circulation
and when this adding ends? shiba is deflationary coin, 41% burned. the amount available drops, with different speed at a time, but it drops. according to what you wrote doge will have 3,7 inflation in a year.
but i have to pay my rent in 3 days, i do not have that long.
who needs to be holding 395 trillion coins?
that individual sitting there with 395 trillion coins can manipulate price by keeping coins in circulation
imagine a burn of 394 trillion coins. where would shib price go?
the whale 🐋 holds 1 trillion coins and our army makes the individual a trillionaire
52m when it gets to 0.01 that'll be around ,000 i'll take out a small amount to pay off mortgage and £80k for myself i can retire on that for 3 years paying myself around £2k a month which is more than my current wages. while i'm in my 3 years+ retirement hopefully shib and sfm will moon and the £2k wages a month turn into what ever i want to pay myself.
listening to a burn playlist now. the music is not to bad
i’ll hold you to that 😂
if your talking about the wallet that has 41% that’s a dead wallet and those are the burnt tokens from the starting 1q
if you want to burn shiba down to doge level supply you would have to burn a billion shin per day for almost 1400 years.
will be capped by bitcom .4t
i’ve got it going now too. thanks for the info
no this whale has the remaining 395 trillion coins
the 10 largest holders of the coin own 71% of the meme token's total supply, according to data from coinmarketcap. one address — out of the 837,869 total addresses and 14,645 active addresses — owns a whopping 41.03%. the second-biggest owner holds just 7.02%.
the army would have its commander
then maybe robinhood who is preparing for the coin. that is a lot of money for one person
no someone is intentionally stopping shib from higher prices by keeping 395 trillion coins in circulation
shib can never get to a dollar. that would make its market cap . never can happen with that many coins out there
how do you see the top wallets?
we would have to burn some yes i understand that. that’s crazy and sad that few people or companies have that many tokens but i’m guessing trading platforms. i have pitched a game changing idea but it didn’t have much support yet on how to push it to a dollar in a few years.
we will never get anywhere near a dollar with this one whale just hoarding 395 trillion coins. if he burned 394 trillion coins he would still have a trillion coins. shib army would make him equal to elon at 1 trillion dollars
maybe someone has the whale 🐋 locked in a basement with a gun to his head daring him to burn
what plan did you have to burn that many coins
as a community we need to make a company that invest and runs many small businesses not looking for mass profits and overpaid management just equal and fair pay. but using the profits each quarter to buy back shib. forcing the price up. then either give employees to get new people into crypto or burn them. so instead of dividends we burn tokens for a while. there is more to it but that’s the gist of it. try to keep it under the radar for a while but news will spread fast bring the price up even more. comments?
where do you find these angelic beings?
remember we're talking about one individual hoarding 395 trillion coins
i would hope from the shib army and younger people wanting a better job in the future. most of us have gotten 50-100% gains asking everyone to spend 10% on a stock to double down a bet isn’t much. hard to convince people but most follow the flock. i live and would start this in the midwest and spread from there. a couple million goes a looong ways opening small businesses. people could by shares in shib or other funds and yes that would drive the price down a bit as they were sold for funds but in a couple years would pay off. and start burning. it’s a snowball effect.
yes that’s concerning. didn’t see that. but it would still work even if the held. and ounce the company was started it wouldn’t matter if anything they can hold all they want till most of us sell out of shib and just are share holders of a large company and we collect dividends
that's a grandiose idea, but all of that can still happen with the whale burning 🔥 those 395 trillion coins
once we get mainstream shib would incur the wrath of investment bankers, banks, and large corporations. i say make millionaires and trust the people to jumpstart the economy.
sounds like you're forgetting crytos original mission. defi
i need help spreading the word and getting people on board. i’m not a big tech person and new to crypto and reddit. but tried to start a board for this called shibcookie. it would work and we could change a lot. i see that big wallet is a dead wallet
no. the company would be there to bring good jobs to people not to be taken advantage of better pay and benefits and make profit and by shib. thus raising the floor for shib as there would be a guarantee buyer. after shib was purchased the choice what to do with it would be governed by bone. thus keeping it defi.
not dead wallet. very much in play
interesting concept but i see to many moving parts. funding, staffing, physical location etc. bone want stop the regulatory process
when i google shib black hole wallet there is a reddit post saying to burn coins there. unless this person lies and stole from everyone
there would be a lot it’s a large game changing project. funding has to be from shib army mostly. staffing is easy to hire people, i’ve never had a problem with that treat them right and they will work. physical location is many many small businesses. there is a lot and it would have lots of challenges but it could work and stop people from bad work lives. potential is already there across the united states but those with the power to make it happen won’t risk money.
41% of outstanding coins is 375 trillion
black hole capital is an investment firm
if we create millionaires, billionaires that is people with great ideas but could not crack the banking blacklist. there will arise many new refreshing ideas. shib can make that happen if they only believe
i can tap an army of techs craving for a chance to do bold things for our world.
if that one whale 🐋 releases the valve and burn 🔥 that 394 trillion coins you would not need to depend on a handout. we'll have the ability to fund practical clean energy ideas
i see a dead wallet and trading platforms
it would help i’ve had this dream for decades watching the working people struggle. and how do we make millionaires. also sadly most people’s dreams in the shib army goes as far as buying a vacation home expensive cars.
if that whale would burn.
people who've never had the toys will certainly splurge but that'll be a drop in the bucket comparatively speaking. there'll be more people like you than you think
yeah big if i know, but someone will put a bug in his ear 👂
let’s only hope. the country needs it.
you've inspired me already. off to a great start
that’s good. we need a small group of new money. and few people greed free and a strong drive so it doesn’t become corrupted.
that new cash injection means new job creation , pull the housing market out of its slump. money.is for nought if it is not moving.
it could give a new jump to things yes. also adding up the total crypto that is a dead wallet.
yes a significant burn 🔥 from the whale would make it 874 trillion coins burned
i added up the total crypto with that wallet it’s 1q.
yes vitalik buterin burner 490 trillion to dead wallet and gave 10 trillion to india covid-19 relief fund. that left 500 trillion. the whale has 374 trillion of those. we own the rest
ok i see what you are saying now. but whales are whales. some of those are trading platforms and others and just rich people and firms.
that's counter intuitive. no matter who that whale is surely they want profit. us, investors will wake up and realize we have hit a ceiling on profitability 📈. the whale has gotta be truly demonic or truly baffled about what it is doing. burning 🔥 the coins leave the whale with a whopping 1 trillion coins. that along with a possible robinhood listing would blast shib to the moon. 1 trillion coins times let us say, .00
that whale is one address
our commander whale would surpass both with mkt cap, and surpass, bezo, musk,gates and zuckerberg as riches entity
the whale is one address
… the black hole account is a dead wallet. add up the totals.
black hole investment firm is what i found
that’s a different firm. and yes they do have a few trillion which is a chinese firm… odd sense they don’t allow crypto so i’m guessing ccp. but add up the top 30 wallets it’s over 500t proving the mega wallet is the dead wallet
you're confusing me do you believe that 394 trillion coins are out of circulation?
i believe at least 410t are out of circulation
are you talking about the 490 trillion buterin 🔥
the top addresses by balance is in oxdead wallet. it's misleading because that wallet is not dead
the oxdead handle is a misnomer. follow it down the rabbit hole. in circulation.
if it’s not dead then the coins where never burned and the supply is still 1q. you can add up the totals and see this
add the top 3 totals together. how much do you have?
no no no 1 quadrillion is 1 000 trillion. buterin took 500 trillion and in essence burned them. leaving, 500 trillion. now the whale has 394 trillion of that. are we on the same page here?
yes the top account has 410t next 70t next 46t adding up to 526t already half of 1q
the problem is the 410 trillion they are in circulation. some sleigh of the hands with percentage and decimal points
if the 410 is in circulation the the total circulation would be 1q. ignore the percents. otherwise 41% was burned not 50% this is simple math
ignore the percentage. my algebra teacher would have sent me home with a note.
you have to be trying to mess with me to not understand this. it’s simple addition. add the top 3 account totals. what do you have for an answer?
how do you explain the percentage
when you look at the percentage it tells you something is wrong with the decimal places in the supply. otherwise you are right it makes no sense
that’s the percent based on 1q.
it’s based on 1q but you wouldn’t count the dead wallet so the second wallet which is really the biggest is about 13% of the supply not the 7%
you've got to be kidding me
ahh you're creating a new math
the small anomaly is because india use their shibs. they did not burn them.
if you add 410 trillion the other addresses would have to add up to 590 trillion to be 1 quadrillion. they do not
thus they are one of the wallets. i’m sure one of the top ones obviously. i’m guessing which was much larger but they are selling because they need the money not the crypto.
they would if you could add them all up. also it only counts public wallets looks like about 12% of the supply is offline.
410 trillion + 590 trillion is 1 quadrillion. look from 2 on down and find me 590 trillion coins
that’s only the top hundred not the several thousand small wallets.
does it make sense? or have you just been messing with me?
no i am really attempting to follow your logic
buterin burned 🔥 490 trillion coins. not 410
i don’t know how else to bring light to this. does it make sense now?
no 410 or 90% what he had rest to india
he gave india 10 trillion coins
no he gave about 1.5 billion usd or 90t coins to india
we're both wrong. he gave 500 etherum and 50 trillion shibs. which at the time equaled 1.5 billion dollars. he would have burned 450 trillion shibs.
the 50 trillion coins at .000000001
oh that makes sense. did he exchange shib for the eitherium?
not as i know. i think he gifted the coins. i seem to recall the covid foundation selling the coins
holy shit. is this true? if so, that is really good news!
so gladi hodled... now lets get rid of one of those zeros...
i didn’t even know and bought 12 million more
holy fucking shit, thats big.
haha guys this just the beginning. when shibaswap launches, more tokens will be burnt at a high rate... shiba will make so many millionaires lol
aw, thanks for the congrats! congrats to you too buddy! hope you been stocking up while it is been on sale today too?
this just made my sunday. i just checked the chart & there was a nice little spike! 😅🙏🏽
cant believe poeple like him exist. it’s not about money, it is about rules. i invest very little into shiba (50usd)as i am not a a rich person. i didn’t lose much but i really think that his support for india was a good move and i respect that. he is not a poor guy, but as we all know not many people would decide like he did. respect.
oh wow bought more on dip 100 mil wow
this is the way ! 🚀🚀🚀🚀
i’m lost if he burned 90% what does that mean for the remainder holders? i just bought 14 million more.
i would rather lose my investment with what i put in rather than wish i kept it there.
awesome, count me in to another 1,000,000 then, let us go!
what does “burning a coin“ mean and do?
+32,000,000 shiba ... i must be on drugs, lol, or i must really believe, shiba gonna make me rich bitch lol 😊
how many coins did he burn?
awesome, just bought 500k more. got a million 😁😁
i first bought this coin at zero zero zero whatever 44, then again at 25 and at 18, then 14, starting to feel good about it!
when will this change the price?
this man is a saint wasn’t upset at the donation was just upset he didn’t warn us but he made up for that wow much wo
so realistically i have 2 mill shares will i make a pretty penny off of this or do i need to invest a ton more. don’t want to break the bank. but don’t want to miss out
feels good to be decentralized again. nice work shibarmy for letting your voices be heard!
where did you find this note from vb? great find!!!!
just bought 13 million
i'm a bit new to all this. can someone explain why vb burning 90% of his supply a good thing? sounds like its a great thing but why?
with this good news, how much is going to be total supply of shiba? still in crypto.com shows 1000t total supply and almost 394t circulating supply.
huge news! i doubled my holdings, plus! 12m now!
please go to the moon! i am still down 20% and my wallet is very empty right now.
that is so sick!!! thank god!!!
what exactly does this mean? and how does this give more value to shib? 10million coins holder here :)
only to power the shiba is to make the shiba community wealthy to support all the future good cause!! thanks vb with the good will!! we all will do the same for the best of well being of given a chance!
and all those people saying “sell now shibe is about to die, vb is giving people an out now get out whilst you can” the other day when vb donated, are definitely shaking and crying rn
just hate how coinbase hold you crypto hostage for so long you can move it to your next account to but it at its lowest for today instead i’ll have to wait another 3 days!
i’m ignorant and don’t have much to focus on this community but who is vb
i know he is just burned 410 trillion but how many more would we need to be burned to help getrid of some of those zeros. i think at least another 500 trillion, the whole success depends on supply and demand. still awesome news but i want my lambo 😂
so what is the new price target with this news?holding regardless just curious?? new to shiba literally this morning all because i hold doge and wanted to hold both
how long realistically is it going to take for shiba to take off and make us all money.
explain like i'm retarded please !?!
so as someone new to all this and just bought 10 mil shiba what does this mean
i just bought 30m more. i had to.
bought 2million more, holding 8 mill
i'm feel like a badass for hodling an going from 35mil to 102 mil on this last dip! this is fantastic news! gonna buy buy buy while its cheap!
just bought 26,000,000 shiba coins. let’s hope this gets to 0.005 per coin. if so, i will be whistling dixie out my asshole. $$$
i got 50 million coins
hahahaha... paperhanded bitches gunna go cry in the corner.
very little spike and we’re back to where we started it’s gonna take time amigos
let’s go shibarmy 🚀🚀🚀
could this action make shib worth .10? i'm new to crypto so idk
tiny pop in price for a 40% burn...i don’t get it. current price does not reflect his action yet. i’m hodl 159,000,000 and will continue. future price action should be solid!
i got 35 million 😎
so with what remains. can shiba get to .1 in the future or is that still a long shot?
do you think it could trigger another min. 100x pump? another cycle is starting to spike again.
90% burn or 40%? can you send real post of this
can someone explain to me how exactly this will affect things positively and?
im a noob so what does this mean?
just trying to understand how does vb benefit from burning his holdings? what's the incentive for him?
i do not understand what's happening? i only have 10mil and it is not worth anything really.
so guys a few of my friends want to help the homeless with some of the earnings from this coin. i want to start a non profit to do this. and i want to take half of my earnings and flip it over and over and over and over...etc. in other coins to help fund this project. now i do not have all the details on how where and when. but i think it is a good idea and this will show the world that meme coins have love for the people. let me know what y'all think and we can get a network start and iron out the details.
how much did he have ? i just bought the coin.
i bumped another 10 million coins shibs. let's do this.
i am now a believer of this project...actions speak louder than words...hooah!
so for the person who isn’t very familiar with this coin what does this mean for us?
i bought 260 million coins let’s see how it goes
good stuff, i’m sitting at 10,349,000 mill right now. let’s go!!!!
who is vb and when do shiba swap be released? thanks
just bought in yesterday and this happens. maybe i timed it right???
holders of shiba until we go big!! to the moon! wife made a video explaining market cap, she would really appreciate it and i would too[easy way to explain market cap]( if some people checked us out on yt!
so, i should buy more? 😂
i am so happy
crypto newbie here. what does "burn" mean?
woo hoo, may god bless vb, he is a good human! well done everyone for holding. we can have a small celebration today 😀.
wait. but those coins weren’t circulating. so it has 0 effect.
oh really,, if it is true, all shiba inu holders will be to the moon early as possible... all indians do not get panic that shiba or any crypto will ban in india it will continue always... i buy daily shiba inu 50💲as always... shiba to the moon 🎑🌙🌙🌙🌙🌙🌙🙏🙏🙏🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
is vb the founder of shib too ?
i'm new to all this and this is good news right do this help make it more legitimate i have like 16mill in shiba and i'm hodl
juuuuuuuuuuuuuh! im gonna hold so i can harvest my lambo's in the future!!!
how much got burned?
when do you think shiba swap will happen
bought more actually last night 🥳
wtf is this true? dont mess with my feelings lol edit: vitalik is shiba jesus 😂
is it too late to buy?
yes only 10% left of vb's holding but is allotted for charity. let's continue holding...
what does this mean?? please explain...
if shiba swap incorporates burning of tokens - this will be huge for the price
has shibaswap come out yet?
sell? what's sell? bought at the top of $.3166, very painful. i've bought more and now at $.2130, currently at 6.8mil coins.
i feel this is big news... i got 2 million more so i have 4 million shiba coins. im hoping to get more on friday :)
vb just put them in an inactive wallet, is that truly a burn? could he theoretically take them back?
as he was supposed to do, well almost
hello hoping to ask a few questions i have 2,767,009 shib, which is not much i know, but i do not have much money lol. so from me putting in £35, when i did buy it, i'm currently at £31.54 with the guy the post is talking about burning his shib. does this mean anything for my £31.54? is it likely to go up or down? or nothing?
i sold and made back money from the rise in doge
i actually bought some for the first time a few hours before this happened, talk about a great time to join the hype
i am still waiting on verification from crypto.com to buy! if anyone in the us knows of another way let me know! i’ve been waiting a week! i’m going to look at bitmart next but i need to get on this!
if move to 5 decimal places am gonna bro a giveaway
sell??? i bought lol! this was a great time to jump in!
this is some great news! depending on the refund i get from taxes i'll prob dumped into shib!
as it hits 000014
why does it say there are still 394 trillion still in circulation?
so...what does everyone think or “feel” or anticipate shiba getting to? will it be like doge and get well past the penny mark? or could that come possibly later in the year...
yep saw it. it is all over news what a great day
what happened and how does it benefit holders? i’m lost. i see no change, on binance it says it is on 14 with a lot of ceros before it
lets go hodling 48mill shib!!! 🤩
so exciting. i bought in () the day before the binance announcement, doubled my money, took the majority out and bought at the dip so i’m currently holding 70,000,000 mil shib on only ✊🏽
just bought 7mill more🙌🙌
to the fucking moon!!!! 🌙
i bought 2 million in this dip gonna buy more now!!!
how high can this take us?
read that an expert said most it would get .000044- what do you guys think now with the burn?
team shiba! i'm so down to hodel
braved it out and bought more yesterday
held tight and continue to hold. stay strong community.
this is amazing if he burned them that means circulation amount changed...omg
i thought his coins weren’t considered part of the circulation.
yeah and better than that, tons of people are sending shib to be burned. i thought this would happen. so happy i did not sell.
i’m still a hodlr
how handsomely should we be rewarded??
i am going to be a shiba whale🤯
created a pump and dump for meme coins that we can 1000x
i have 50mil! let’s see!
bought 7,000,000 the other day, i’m excited for the future
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well who is fooling who. that was not a shib burn. v moved 90% of his shib to a wallet. he can letar realize it back to the market 😳
shiba is a waste instead of being dogekiller it killed itself 😂😂. doge to the moon!!!!!!!!!!!!!
it must be true because shiba is spiking up right now! 🤩🚀🤑💎🌙
it's definitely real, you can watch it on etherscan.io
so gladi hodl'd. anon lets receiveth did rid of one of those zeros *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
go to ether scan and see it for yourself
of course i been buying more the last two days!
i held too since like 1 week
lulz, anyone buying in right now is in the best shape since before the major listing on kucoin. glad i avoided that mess!
me too. right before it happened too.
yeah i have 638.457.97563337 shiba😊 will also buy more
if it goes to .01 we all rich!
oh you know it. everyone’s been thinking i’m crazy for buying more
lower the total supply the more valuable the remainder is
i’m hath lost if 't be true he burn'd 90% what doest yond cullionly f'r the remainder holders? i just hath bought 14 million moo *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
it’s gone forever . meaning that’s those coins will never be bought or sold , which increases the price drastically of current shiba coins !
that means the ratio of demand and supply is changing! let's go!
i have 29m, i might bump up a few extra million more lol
you will never know my friend , at least you stand a chance ...
he burned 90% of his 50% he was given. he donated 5% to india covid relief so he still has 5% but he said he plans on donating the last 5 % at some point.
410 trillion plus change
nice i have 2m
bro buy more i’m at 24m people own over 300m i heard a lot of people have over 1 billion
i have 900,000. should i get more??
i bought 2million at 30 and im just holding now idrc what happens just some spare money i had thought id experiment
considering etherscan transactions are full of shiba buys it should be on its way
go big or go home !!!!
funny thing is if this coin ever reaches 1 cent those 5 million coins you have will turn into ,000 in real money. ,000 you didn’t have before investing. how cool is that?
there’s 410 trillion less tokens available in circulation effectively cutting the total available tokens by almost half meaning that since half as many are available there value should.
technically the 100t is still there you just can’t buy them but about 40% of 100t is now un buyable meaning 60t is still available to buy or sell
supply and demand. think of it like this… there are 100 gold bars and everyone wants them. 90 are burned into nothing, now there is only 10. the price of the those ten skyrocketed in value because there is less available.
vitalik buterin co created ethereum
wait for shinaswap, this whole things are going to be great!
looking at the new market cap, $.001 just became way more likely to happen this year
depends what price you bought in
less coins in circulation = better value per coin that help? lol
it means you're one of us!!!
welcome to the family
hmm no. it’s not gonna get a 40 tn valuation. not in our lifetimes. i think hope for 0.001 as best case
its still a road to travel but nothing’s impossible
i do not know about 100x, that might be a little optimistic. if it generates enough interest, however, i hope that we are able to shave a zero.
less in circulation, more valuable and price go up
90% of what he owns, which is 40% of all tokens in circulation
burning tokens is like, imagine if the total supply went from 10 to 5 tokens and you owned one of the five... it would be worth more now since there’s not as many in total
this is why doge struggles so much. it’s unlimited. there is no holding value of something with unlimited quantities
would be like sending 50% of the world's gold out into space and never seeing it again. the remaining 50% of gold now has the value of diamonds.
there is none. he does not need an incentive. he is already loaded and i believe he is more future oriented.he is better off growing his power and influence in a positive, professional way - not with infamy or celebrity like elon musk. i'm not taking a swipe at elon, but vb is a different kind of guy, who i assume wants to position himself as a major future player, and not play into all of this bullshit. if he has indeed burned his shib, then i must admit that i have more respect for the guy. instead of selling and making a few billion, he has maintained focus on his future - and protected the position of others. we need more wealthy and powerful people like him as society moves into the future.
he’s a billionaire playing chess.
i am anon a believ'r of this project. actions speaketh louder than words. hooah! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
means they are gone deleted and not in circulation forever. less coins means price of each coin will go up.
it only took less then an hour in florida!
no. he cannot. it’s a verified burn.
don’t see a spike! sitting at .000016’s for last 8 hrs
can you send link please and how to see message
sorry i meant a general “you” to the group. but cheers friend, buckle up and put this helmet on or you’ll pass out from the pressure change 🚀🚀🚀
i bought in this morning 💫
basically “coin burning” is a process that allows tokens or coins to be removed from circulation... and that process usually slows down the inflation rate and reduces the total circulating supply of coins. it’s a good way to increase a currency’s value and make it more stable. less supply means high demand. shibaswap will let buyers trade between shiba and other crypto coins. coins are usually burned in every transaction. but with shibaswap, coins will be burned at a higher rates. this will definitely increase shiba’s value!
wow! 1.5m here is all i could do
same, but guess whose about to be looking at them crazy now!
thy value shalt be loweth brethren
does it lower the market cap though or it stays the same with untouchable coins?
but why a developer set high supply and then burn instead seting a supply at lower level at the beginning
what gets lit on fire here, the item or the person?
lol i been buying dips... 200,000 here 200,000 there
fuck yes let’s get some more of that happening lol
same bought 500k back when everyone was freaking out!
i got to take baby steps... i'm a "9-5'er"
if you have the money then do it, i’d say at least reach a million coins then you can settle and hodl or buy more if you want.
buy more now at almost half the price before it spikes upwards and your profits will be better, do the math bro. good luck
sorry i’m a dummy. i know people will buy now and change the price. meant does coins being burned make our coins we were holding go up?
have 5 mill now. gotta pay bills haha. cant throw too much more at it.
that would be amazing hahha
oh... so wait... he actually burned them. like they are gone. nobody can ever purchase them? if so, thats great fucking news.
don’t forget the security people get now as well. a lot of people did not like vb with his 45% and scared them away with fears of continued donations
sorry, also a noob here but 410 trillion? coinbase says that the circulating supply is 395 trillion. isn't that the total amount of tokens available?
same. hoping i get picked up on the way up soon. lol
makes sense but gold bars are actually used in production. it has value in itself to create something. what value does shib itself contribute other than being at a lower supply?
haha. i knew that was coming. gotta love the meme culture.
thank you good sir
is that a good thing lol
really? not even 1 cent?
0.001 and 0.0001 is already a very good case scenario , stop thinking about 1 or 10 cents guys. be realistic.
so 36% of the total original amount are gone forever.
or is it 90% of what remains after his donations?
ok got it i thought so, just thought there may have been more to it that i was missing. thank you.
supply down to 6.4 tokens for every 10 as 3.6 tokens were burnt. amazing!
yea after that spike, it was consolidating at .000016 like you said. not sure what’s happening 😬.
into worries brother. let’s get ready for a ride
hey i'm new to the whole thing, could you explain to me why they would be burned in every transaction and why at a faster rate? i own a bit of shiba so it would be great but i just want to learn a bit more, thanks in advanced
exactly! plus it aint too late to buy more!
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that’s a good question , i think in general they are still counted to calculate market cap.
that's actually not a bad strategy.
i did. do you have a guess when it will start going up
got no money rest wet into vechain
bought 800k more all i had left
yes because he was given 50% of all shiba he burned 90% of that 50% of all shiba meaning in one move. he eliminated 45% of all tokens in the world. the less tokens in circulation, mixed with the number of people trying to use and gain access to these tokens is partly what determines the value. so this has the potential to skyrocket the value if interest in the token rises
every chance you get buy more on the dips !
they are gone forever! they ain’t never coming back
meaning he threw away billions of dollars
what does that mean dw?
dyor. sorry but this can all easily be found by watching videos etc.
gold is just a metal like iron , copper , bronze, steel and many more that can be put to use , but why is gold more valuable? because mankind back from the stone age decided and made it valuable until today ... so , it is not about the material that is valuable, it is about how we human decide what is valuable and wanted to own it . so should you wanna make shiba valuable , start owning it ... you own it , i own it they own it , when every wants to own it , it naturally created a demand and shiba value will rise ! hope this will answer your questions.
true, it’s a very vague analogy to show why it’s becoming more valuable. lots of people don’t understand crypto and what it means and how it works. i was thinking more along the lines of how to explain it simply for everyone even those who are very green in learning about it. i’m a newbie and that’s how i learn things is knowing how it’s similar or different from an easier concept. i’m still learning why block chains were created and how miners work. it’s a lot of information to take in. baby steps essentially.
lol, ask me in a couple years! and welcome!
1 cent puts the valuation at 4 tn usd. 4 times the size of bitcoin and twice the size of apple. you think it can get there? maybe if they massively reduce supply but think it will be tough. maybe shiba swap will help.
i would assume so
90% of what he owned prior to that announcement
hahahahhaaaaaaaa!!!!! 42069 lmfao!!!! that number is a long time personal friend of mine!!!!
that huge dip couldn’t have happened in a couple of hours when i’m payed! dammit now it’s shooting up and i’m only holding 2mill coins ;-;
damn wow! va thisability fucked me this month so hopefully i can get to that level at some point!
can’t really say but just know it will happen soon. also consider the fact that the crypto market is down right now (coins are dropping in % following bitcoin) so just have some patience and don’t panic. they’ll start climbing soon.
that's what i do. i have 13m now.
makes sense! it’s just that gold is used to make jewelry, food, etc. shib is not a physical item so you can’t make anything of it. that’s why i’m concerned as to what value it brings other than the value we give it
yeah that’s what i’m wondering too. how does anything in the block chain provide value other than being decentralized and speeds up transactions. if the government decides to ban crypto, then what?
is that how long i'll be waiting to cash in
could you explain to me how you valuate a coin? sorry if i ask too much.
anything below .00002 is an instant buy in my eyes. i don’t have any reason as to why other than before the donation it was in the .00003’s
it's only like ! i put . and then another 1000 in at like 18 something. so in reality i'm down like . lol
ok, i’m very patient. i just need it to get me at least 🙏🏾
or... don't. financial advice from "where lambo" people like that should be avoided. they're delusional. invest what you can afford to lose and know that crypto is basically gambling.
when you own a shiba coin at 0.1 cents and can swap or purchase an item worth 0.2 cents then you will start to see the value in it .
if i was psychic i'd already be rich! ;) hodl.
i have 900,000 should i get more??😭
hang in there bro.
it seems like you only put . in order to get to ,000 you would need to have a 333,300% return. which would mean shiba would have to rise all the way up to . a 1000% return is actually a possibility. so if you actually want a real chance at literally making . i would say that putting .
meaning you should be shooting for closer to 50,000,000 tokens
oh totally that’s why i’m keeping my investments low. cant out my life savings towards this stuff hah.
for me my rent is but i'm in california. :x. house payments here are closer to
so if we were speaking relatively. me saying you should put in
i try to buy a lot but that gas fee is taking all my money
i just got more. i have 4m now
50mill!?!? holy moly that’s a lot
how much do you have???
hodl = hold, as in hold your coins and do not sell if you can.
hodl- hold your your dick as long as you can and keep it hard and enjoy the ride. the moment it goes down, your enjoyment goes down so keep holding it.
yea i moved to arizona a year and a half ago from cali. unfortunately with my va thisability it was just to expensive. hopefully i can make some decent money and move back some day
its roughly which when you are talking about trying to get to ,000 it is only 1%
i would put down that much if i had it🥺
yea😅i don’t have that much money
gotta eat 30cent ramen noodles for a week. not go out anywhere. just pay bare minimum bill's. haha one or two paychecks of inconvenience might make you aloooot of money in the long run
i just want to hold it till i make enough to pay off my student debt and have some left over
there would be some tax advantages to holding for more than a year but i’m more of a realist. i have nothing against holding it for more than a year as it slowly grinds higher. but if some freak event occurred and it spiked to . :)
if it goes back to .000045 i'll buy another 600 worth. to put me past 100 mill
the people on this sub are the types that buy a lotto ticket and spend the winnings in their mind
the only time i will be taking out is when it hits a penny. and even then i’ll only be taking out enough to become debt free.
my rule of thumb is to hold all my investments for at least a year for tax reasons that said, shiba has easily been the most immediate multiplicative return for me, so i may end up cashing out earlier, depending on what happens and what my gut tells me
it makes sense for capital gains tax alone
i will hodl till i have enough money to quit my job and med school
the only people who get hurt on a rollercoaster (statistically) are the ones who jump off. *unless you can jump off, land on your feet alive while carrying a suitcase with a million :)
whoa, you plan on holding . balls on you man.
i’m retarded enough to hold gme for 8 months, allow me to out-retard myself and hold this longer.
grab em and hold em
🍆 i'll hold hard and long
i invested with the intent to hodl 50% for the long haul. let's gooooooo!!!! 🚀🚀🚀
i plan to keep buying.
hold and stake, hold and stake
i just transferred all of my shib to a usb wallet so i would not be tempted to touch it for a year.
i'm probably hold for 5 years or longer
considering all that’s coming up with shib i’ll be holding for awhile. like others said unless i wake up to more than a million tomorrow then i’m out.
if you plan to hodl more than 1 year, raise my karma because i'm desperate. (even if you're not still just upvote me)
this is reddit sir
i upvoted, but do not get thiscouraged if you you do not get a ton of upcotes. these posts are occurring so much that it is annoying the shit out of us that have been in the shibarmy more than a couple weeks. we're holding for fuck sakes,, but then there are those that are not. be one or the other and stop regurgitating these same dumb ass posts.
i'll hold to whatever price. shib will very likely see .00004 again easily. i'll buy more and hope it goes lower.
stop posting this shit. downvote
last comment by me: if the money you’re putting into crypto isn’t disposable income, then stop putting your fucking money into it hoping you’ll get rich by chance. that’s how you go broke fast and then blame it on luck, or the market, or timing, or a unicorn. everybody aka most folks, want to get rich quick but not put in the research or work. here’s an idea… go to work!!!!!!!!!!!!!! everyone is hiring, everywhere!!!!!! go make some money by providing products and, then you’ll have thisposable income to throw at volatile “investments”. i look at it like this before i invest… if what i invest in crypto today turns to zero forever am i ok with that? if the answers yes, you’re golden. if it’s not, stop. please. for your own sake
this is a good decision but i think 1-2 years decision is much better to observe its price behavior.
anyone looking into the shibarmy token? maybe time to get in early?
i'm hodl as long as it takes for financial freedom
for those of you that are holding, how many are staking their shiba?
hey guys take a look at safegems it is looking like it is taking off
are you planning to live that long.
i plan to hold my 100m shiba till it hits .10 cents sell halt make my money work for me hold the remaining 50m shib for bigger gains. i can retire off of 5m
how long will this coin drop last. are retailers selling more because holidays are around the corner ? is it that big whale who made billions and now slowly selling. robin hood listing is it safe to lock in shib in crypto earn
i wish that shib would release a daily burn count that would be awesome does anyone agree with me?
me2, bought 30million, lets see hoe they arrange the gaming part, i will look again in about 1 year from now 🤭😳😳
same. if i get to the point where i can off all my debt, i’ve gotta do it
while i hold no realistic expectation of shib, this is also a potential goal for this coin.
exactly. holding is a good idea, but do not be a fanatic; this is about money, not about a lifestyle. speculative investments like this are a gamble, and in gambling you need to know what your "get out" number is, and get out when you hit it.
it spiking to 1 cent is a freak event
🎵 you've got to know when to hold 'em know when to fold 'em know when to walk away and know when to run 🎵
lol , keep dreaming fella
the stupidity of you thinking this is going to 10. thank you sir for rising the standards once again. for shib to reach even 0.01. have you heard of market cap?! btc is standing at 1.2t. and the gdp (the entire money from the world) is 81t. i truly hate people like you who gave false hopes to the clueless and this sub is full of it.
you’re on this sub.
same. house land car and then the rest rides.
i intend to hold for 2 years minimum.
i bought the dip at 47 and it went to 62 the next day i feel baller
if that happened tomorrow statistically it would be. probably not worth selling for but one could sell off a small portion of their position to pay their initial investment making it a free trade.
note how i labeled it a freak event. meaning not likely at all.my point was more to say i will not hodl stupidly.
you hate me? we have never even met? based on one comment? and my comment is to say that i am not bound to some hodler pledge. i don’t think it will get to .
i’ll ask you the same question that i have asked another critic what will be an appropriate market cap of a global crypto token in five or ten years? also do you hold any shib token? have you held any? what do you hold for lottery plays? what is wrong with me taking .05% 0f my annual income and buying some shib token?
jesus christ are you dumb or cannot read? he was making a point that he is not a blind hodler and if it raised above it is fair value he would sell it. people like you who jump down people's throat over a comment that you misunderstood are literally fucking retarded. lol
this is the guy doing all the fucking!
that's exactly what i plan to do, 0.01c would pay off my house and be debt free completely.
i mean honestly. dont fuck with the irs lol
people are intimidated by the fact this shib could go lower. i accept the risk and honestly want it to in order to get a better price. i only put money i feel is worth a particular position. if i lose a few thousand then i move on, that is the difference.
see, we're headed there. look at everyone having a conniption.
it’s completely impossible. there is no universe where that happens.
another word i have never seen or heard before
i've said it before. this sub reddit needs a math sticky. it's a great opportunity to teach all the new investors. gotta keep things real and in perspective.
like black swan events, 100 year storms. not impossible but improbable.
there are 1 quadrillion shiba coins, at ,000,000,000,000,000. which is several orders of magnitude more value than exists in the entire world. apart from all the other reasons this is ridiculous. it would mean that you and everyone else would be a billionaire with minimal investment, but the hyper-inflation of the now shiba dominated world economy would make the value of your billions worthless because everyone would be a billionaire. there’s a thousand other reasons why this is *impossible*. not least of which being that you and everyone else is going to panic sell way before it even hits .01.
wasn’t that my whole point - if it spikes irrationally i’m selling? hodl’ers never make money because their gains are always unrealized gains. never realized. which is also how you get to a . very few are willing to sell, lots wanting buy. when there are no sellers and the effective float becomes really small and demand is high, price spikes to inconceivable levels (black swan.) then at some point rational minds come in and realize it’s time to get out - mass exodus and the price crashes back down. i would have to think that gamestop executives one year ago today would say that it was impossible for gme to be trading over . you are looking at the market cap in context of today. in five years what will be a reasonable market cap of a globally popular token? five years ago what was the expected market cap of tsla for today? are there bitcoin holders from 10 years ago? were their skeptics of bitcoin 10 years ago as you are of shib today - of course! and rightfully so. you are totally correct - it is irrational to think that shib will even get to .01. i totally agree with you that it is unlikely, improbable, and stupid to have a target of .00 for shib. but i do not consider it impossible.
lmao ikr noones waiting til 0.01 😂😂
you have been critical of what others are doing, what is your position in ?
i’m not invested in this shitcoin, just trying to provide a dose of reason. i said something similar when dogecoin was .7. just make sure to get out before it’s too late and get into something safer.
what are your lottery plays?
1 2 3 4 5 6
just to be clear guys...i'm not doing this to get attention or any upvotes. i'm doing this for all of us. right at the end you can hear the crowd shouting "united". if we all do that we have chance to grow even bigger. feel free to share on any platform you can think of, invite others to this huge family and support each other. ' ps: more to come ;-)
seriously love this hahaha are you a video editor in real life or wud
shit man this video need to make it to tvs ...this is piece of art mate... well done
wow, i didn’t even know this stuff could be done, it had to be incredibly difficult! very very cool.
fantastic job bruv! got me all pumped up on a sunday morning! love it!
f’n eh !!!! this kicks ass , love it ! thanks
wow! i am beyond impressed. actually gave me goosebumps!! congrats.
wow. this is effort!!!!!!!!!!!!!!! 10😍😍🚀
wow… just wow. i am absolutely amazed at the quality. if you don’t do this for a living… you should!
wow!! with all the details, this is amazing.
fair play this is class
impressive work here mate
great work, just needs a youtube link!
this is amazing bro … thanks for the good work! things like this makes me love the journey even more!! 🚀🚀
that is awesome! did you upload it on any other platform that makes it easier to share on other social media?
great job !!!!very nice…...
that was awesome keep the faith
i think we found our general for our army. private 1st class peon reporting for duty sir!
awesome! that’s a lot of effort ! 👏👏
no matter what even we have change name of usa to ssa shibian states of america but fact is we need shiba to reach 0.01 by next month otherwise there is no progress at all lets be honest
just wow, this is what comunity needs. great work!
this video is omg... class work... great editing... super conceptualisation... truly took in the world of shiba inu... the shiba army... great work...
this is so beautiful! good job mate
wow!!!! my brother!!! very good!!💪🏼💪🏼
wow!!! amazing work!! love the graphics! i think they should hire you for the pr brand production team.
we are all positive and will hold but lets be honest we all have a goal to get out of our current circumstances
the elon line killed it. doge will be forever tagged to him. should've chilled with all then tweets or maybe did not bail on the snl skit. we saw his true self that day, he bent a knee.
tell me you are paid for this wtf actually!!!!
nice! what tracking software? you using 3de?
thanks for buying my gig on fiver
bruh. just wow. also amazing editing skills. +1
this video was fire!!!!
this is awesome really like the metallic ball morph in shib well done 👍
thanks for sharing this awesome content!! more reasons why the shiba community is the best in crypto!! hands down! keep 'em coming and we will spread these far and wide!! ❤
unbelievable. this is really great
i am 4 month holder 🤪
wow! that’s really professional looking. great work!
a glimpse into the future! 👏👏
this is amazing! great work shibro!
wauw nice video ,,, we love shiba everybody!!!🦊
i love it!!! this is what it community is about... talent.
this is fantastic ... i love it :-)
nice, bro, your perfect work deserve better !shib to moon！
the production holyshitdamn! this looks like a video from future which shiba holders will be living in. amen
nice video... i love it
i love it well done 🆙🆙🆙🔥🔥🔥
incredible shiba inu, i cannot believe it, great job!
fantastic. i love it
this was sooo good man props
can we share this everywhere?
this was soo cool!!
can i get your business contacts?
share share share and share
i love this, can’t wait for a rally so people can spread amazing content like this.
incredibly well made !! good work to the creator, we're making this into our reality!!! 👏👏👏👏👏👏👏👏👏
sadly this is more professional than any of the things the dev released. great job! hats off to the creator
oh yeah, i’m loving it so much excitement with the shiba inu community. awesome job big thumps up!
damn dude… i really liked that. i know it took a lot of work, so thanks for that solid marketing effort.
unbelievable!! out of this world!! the momentum of the shib army is unstoppable!! to the stars and beyond!!
you must be the marketing director!!! woof! woof!!!
to the moon soon, get ready guys
dude, this is freakin amazing 🤩
someone has alot of time! this is amazing!!! 💚😮‍💨✌🏼🌚🌝🚀
dude this video is sweet!
good work thank you for sharing. shiba army 💪🏼
that's was pretty damn epic sir! 🚀🌕
wo you are really good! best shiba video ever!
i'm so pumped i'm going to buy more shiba
that was captivating, exciting and entertaining.
you're hired bro. good job
amazing talented people we have on board! awesome 🙌🏻🙌🏻🙌🏻
that's bangin'. well done
wow so cool thank you so much for the amazing video
awesome video. very well done!!
you should mine shiba if you have a good pc (under 1 mine to start)
that's incredible! fantastic job! now hodl 😄
mind the coolness!!! awesome, thank you.
absolutely outstanding! well done on every bit of this. love love love it! you should send it to all the top channels like shibanalyst and yourpops etc, they would bloody love it. everybody needs to see this. thanks for your awesome work to promote shiba!
this is some high quality skills
babydoge is off the chain! y’all wasting your time
turn it into an nft
this is exactly why i love all my shiba brothers and sisters!!!! this is class act video 100%!!…hodl the line shibarmy we’re about to blast off!
can this be shared on other social media platforms? facebook, instagram, etc?
awesome! showing it to the guys at work tomorrow!!!
really awesome stuff! got me a lil pumped up needed it before going back to work after a week off.
omg this is incredible
that was awesome!! halfway to one billion and enjoying the ride thanks brother!!
even if tomorrow shibs goes 0, i'd be proud of being apart of a community like this one with those members, massive thank you!
check your dm’s man!!
very well done 💎🙌🏽🚀✊🎆❗️
this is brilliant, cheers 🥂🎉
shiba army strong ! great job
shop before you miss the past.
omfg you sir are a legend
just so you know i've got my own army of 30k that has been informed just now. they've been following me for years now and i'm sure most of them will be knocking on this door soon. ' we will make this army bigger !!!
wow, this is a cool video!! love it shiba army holding strong!!!
holy shit! that’s awesome. that video makes me buy more shib!
chap chap chappp 👏🏽👏🏽👏🏽
y’all need to jump on babydoge! keeps going up up and up!
what do you think?
everyone, please load 100 million shares with pretty soon this will be ,000. just the share price to move to .0001 way to make money soon.
hey im selling my domain “shibu.eth” feel free to send me a message if you are interested. price is negotiable . . .
get free shib ! use my referral link to sign up for crypto.com and we both get
your coin shit, buy this rocket🚀 - price in listing be very good, buy buy buy!
shib token has given me the real motivation to get engaged with cryptos. all this passion, the support for each other and the priniciples that shibarmy represents ,make me feel blessed to be a part of it. the least thing that i can offer to this community is to spread news and updates about our future currency, shib. thats why since yesterday i decided to create my new yt channel ,talking about shiba. i know there are tons of channels out there with the same content. maybe i am not even good enough like other big youtubers. but my passion for this cause is huge that makes me ignore all these factors. if shibarmy wanna show some love and support on my new begining it would be greatly appreciated. to the moon brothers and sisters! [
loved that shiba orb coming up the canyon that was crazy pawsome!! 🤩
this is really cool!!! great job
hold for gold 🥇
can you give me the app for mining shiba
i love this. shib loves you for this.
nice job on this vid!
outstanding. thanks a lot. united to the moon.
that's really awesome, thanks so much for sharing with us! do you have this on youtube? it's easier to share than reddit and gives more visibility 😉
okay shib fam i just made myself part of your family ... and i do hold doge as well... now i own both! and a lot of it❤️🤗
united strong🏆💎 outstanding work!
thanks...i've done some stuff before :-)
agreed, is there another platform we can link from?
agree but then again when times are tough family got your back.
please make more. loved it.
plenty more to come
i've posted another one
you are king man 💪🏼😎
why you lying though you paid my gig on fiver i made this
what do you have to say to the guy claiming you have not made this video and you bought it ?
is the other one you posted really from you or are you taking all the credits again 🤣
so are you playing or who created this? it looks cool!!!
don't know what you been smoking but you should give up before opening your mouth. let me explain you few things. when you purchase stock footage and own the licence that means you have full rights to it and you can use it, change it and edit in any way you want. and for the scarlett johansson running around claiming his own credits should not be allowed selling it at first place. and by the way...i'll upload a 3rd one soon which will be eye opener.
i did he bought my gig on fiver and claims that he made smh at least give credit.
bet you could not edit a jpeg in paint even if some one opens it for you 🤣 plus some one straight asked you if you did it and you said you did some "things" you have not done shit liar buying a video dosent make you the maker if you need to lie about who made it show what kind of person you are 😎👌
what’s your name on fiverr i need some work done!
good job on doing this op claims he did it 😂😅
its all good made like 150 buck from him
i just got 1 million shiba but would not touch it. i just bought it randomly for 25 or 30 bucks a bit back and i am not paying much attention to it which is probably for the best. if it moons, i'll be there with my tiny bag!
you are not alone
what’s a good cold wallet for shiba?
i am buying 100 million shiba and holding for years, do not worry we're in together and you're in at a very low price right now. market cap: 4 billion.
fuck it, i'm buying more
yesterday was like a heart attack for everyone 😜😜😂😂😂
am still holding 200 mil. shib will go up with btc. let’s believe shib will hit 0.01 within three years.💎👍🚀🚀 i’ll add good news.
2.7 million holdings want to increase more. and hold to many years.
120 million and buying more. just be cautious ppl.
here 100 millions shiba and hodl for 10 years.
50 million for me going to keep buying and holding for the next 10 years aiming for 1 trillion
honestly - i think i will hold for 10 years
i had 36 mln when it crashes yesterday...those puppies found more friends...,now i have 90 mln. yeah for me.
holding for min 3 or 7 years. if it hits .01 i am millionaire, it’s kinda a lottery ticket! nothing to loose a lot to gain. 100m coin staked to earn %2 apy on crypto.com. after 3 years 6m accumulated freely. if you want to follow same strategy and need a referral code for their platform let me know.
well i am holding 10 million coins
i hodl til i die jajaja i only want the scrapes off top in like. 5 yrs...
if i make a million in 2 years i might take some money to buy a can of soup or something
diamond hands and diamond balls. remember when the last bull cycle ended and we had a massive correction. i am not saying that the pain is over. lots of btc inflows at exchanges. as long as btc is weak, alt and meme coins will continue to suffer. disclaimer: i am holding 50 mil coins at somewhere 50% drawdown right now( because, why not). i am not effin‘ selling.
i put a lot in through crypto earn so i can get interest while holding.
holding. i’ve lost this much; might as well hold
hold for 5 years im still young
holding till it hit
i'm holding till 1¢ then dumping a 25% to fund other projects. i want to be a billionaire in five years. world domination is not cheap! lmao
all i do is hold
same thing i invested and said cya in a few years
150 million shiba bought, i’ll be holding until i’m a millionaire
cmon guys get real , never ever happening
holding for as long as it takes
i have a post on here from shiba when i bought 45 mil,
cheers future diamond hands!
do not hold shit coins for more than 3-6 months. if you do not understand this with alt-coins. gtfo of crypto. you be rekt soon enough!
we have to hold. there’s literally no choice, we either hold or we might as well keel over an die. everyone hold to the fucking moon this is bigger than doge... it’s the doge killer 😈☠️
i bought 2 million today . what gotta loose . shiba gonna make me rich inshallah next year december
crypto is still early. hold for a least a year for tax purposes. it’s still in the early stages of getting adopted. more people will buy in and more stores and atms are just starting to appear.
i plan on using the money i have made and will make from my amc and gme stock so i can sit on my millions of shib. all you have to do is look at the charts of any of crypto to see how fast they skyrocket after years of holding and how worth it is to hold your crypto even if it takes years. one of my favorite quotes goes something like, “holding cryptocurrency is like holding a winning lottery ticket. you’re just waiting for them to call your numbers.”
i’m holding too we are all holding in this together!! 🚀🚀
definitely in it for the long haul.
holding for 3 years
im holding for long for sure, trying to buy more if my situation allows me...
69,420,420.69. i don’t plan on selling any time soon.
3 years seems like a good hodl
i am holding 17,000,000 looking to sell half at .00 this time next year.
hodling 81mil and adding more to it every chance i get!
there is still a strong hodling crew. shiba is definitely being shorted to hell. all that is needed is positive news or for shibaswap to open for price to rise significantly. if either of these events occur and price does not jump, then shiba is definitely being shorted and manipulated. i swear i cannot win no matter which coin i invest in.
i have been trying to figure out how to purchase the coin but i am not finding any luck.
jeez, all you folks with your millions, and i'm here with my puny 200k lol. still gonna hold tho. even if it does not go to the moon, here's hoping we can all make a tidy profit.
même en france, we still holding shiba ! 👍🏽
tripled my position to 300mill 💎💎💎
hodl till i’m filthy rich lol
jfc, the market just took a shit one day ago. give it a month lmao.
i’m holding a million shib and will be for the long haul. i learned my lesson looking back at my coinbase account and seeing that i once had 50 bitcoin at a time and if i would have just forgot about them and came back to them now i’d be filthy rich! so now i’m holding a lot of different coins and waiting until i hear about them way later
stop with the karma farm posts…
14mil, buying 100 worth every week. until i hit 1500 worth.
hodling at 80 million
i have this bitcoin wallet... when the bitcoin was only 2gb i was mining thousands of them a day. that wallet died on a computer under a tarp in a hurricaine. its all good though we are still alive to talk about it.
somewhere between . 001 and up i'm gonna start shedding... if it ever gets that high! 🤷🏼‍♂️🤷🏼‍♂️
going to buy another 4 mil on top of my 11m! hodl for sure!
yes i'm ready to invest amount which i can afford to loose. but please advice how many more coins to buy.
500 k shob is 4.75 now buy up
this needs to ×60,000 to get to 1 cent fat chance but why take out 300
hold hold hold hold hold hold hold hold hold hold hold hold !!!!!!!!!!
just gonna act like i never bought it and pass the time playing with my other doggie 🤷🏻‍♂️
i've got about 600000 let us hope it goes up again
we hodl because we don't have any other choice. if we sell lose our money.
i bought 14mil coins at 0.00002 a couple of weeks ago and plan on holding for many years to come. i actually plan to continue buying much more over the next few weeks. with the actions of the chinese government all cryptos have taken a hard hit. i am not a financial advisor nor is this financial advice but this is a great time to buy in.
why is 3 years your number to hodl
seeing the amount of shib coins others have (i saw a guy who had close to a billion shib for example) has made me think my 12 million coins is nothing, but if the price hits even just .01, we’ll all be collecting hundreds of thousand or millions around that time.
in the same boat. don’t see the point in buying and selling on this coin. just hold and see where it goes. worse case scenario i lose 20-30 bucks.
where do you think shib will be in 3 years in terms of price?
i am here to stay...
i need to know this too. i bought all my shib on crypto.com, but i don’t know if it’s safe to keep it all on crypto.com so i’ve been research wallets but it costs like 1mil shib to transfer it so i don’t know if it’s worth it.
i use ledger. transferred my coins into there. transaction fees are a lot though...but i think that depends on where you transfer it from
do you know how the market cap works? i’ve seen the shib market cap fluctuate from 3 billion to over 7 billion. is it the more people buy, the larger the market cap?
yes i was making sure i buy fast enough my fingers nervous buying 😂😂 added millions more shares dirt cheap 💎🚀💎🚀💎🚀
1 cent = 5 trillion dollar market cap. good luck living in your fantasy dream land, never happening.
.0001 is super realistic
well 5 million should be minimum since the price is very low -not a financial advise just some taughts
is there anything you have to do to stake in crypto .com or does it do it automatically? i also have 100mil coins.
im earning too on cdc, but no 100 mill like you, i have only 8 :d
no let the two doggos work together
buy using crypto app
i've did get about 600000 alloweth's desire t goeth up again *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
that’s just it, i’m in canada so even seeing it cad is exciting, i’m holding at 10.8 million, though i’m looking to buy more if it dips again
i just had money for 500k shibs. i guess i will have to save to buy some more
if it hits .01 some will be billionaires
that’s my theory, i’ve got 150kbtt, 1.5m safemoon, 7m shiba, and a handful of others but these are all my big numbers of coins, about . i have friends that have massive amounts of shiba, safemoon, and others in the millions and billions; realistically am i going to be a millionaire along with all these others that are going to be uber billionaires??who knows right….
curious does everyone get to cash out and it’s all a happy ending ? serious question. are you all waiting a few years and when it hits that price point someone says sell!!!! and you all sell to get that money ?
not high, just think there is 550 trillion coins left after buterin burned his 90%. now imagine what gonna happen if it hits 1 cent. i'm not even talking about 10 cents. bitcoin cap is almost 800 billion usd, dogecoin 50 billion usd. now with simple calculation you see that if shiba coin will ever hit 1 cent the cap will be 5 trillion usd, which 6 times more then btc other calculation is pretty easy to do, 1$. and so on
just get your shibas to earn, they are safe in cdc i think
trust wallet on the app store can store shiba and a lot of other small coins
how did you buy it in crypto.com? i had to transfer to binance to buy it...
ive heard ledger is good, but i also read that some people had all their crypto stolen from their wallets on ledger. it made me think twice about transferring it, but i also don’t feel like my cryptos are safe on the crypto.com app
maybe you should do some reading before investing...
market cap is calculated by multiplying the number of coins in circulation by the current market price of a the coin.
the market cap is the price of the coin times the amount of coins in current supply. so yes, if more and more people are buying a certain coin, the market cap goes up!
same. i went from 5mil to buying 15mil more for a total bag at the moment of 20mil. :-)
how many shib coins do you have?
this is realistic, isn’t it? however, nobody knows the future price. that’s why i invest in shib with surplus funds.
it should be what ever people can afford to loose, sure you will earn less with less coin but it’s all relative to what you can afford at the time of buying. not financial advise either
you need to have min 8m shib coin and pass from kyc process for having crypto.com app, that’s all! it’s all automatic flex 0.5 apy %1 %2
i know i’m holding doge too lol but i feel like doge is already so far ahead this won’t necessarily kill it doge will help shibu the higher it goes so you’re right 🙏🏻👌🏻
buy some now! lol it is like 10
500k will still pay off big
we’ll all be winners!
all things considered, btt could do really well, but it just doesnt want to do well. safemoon sounds like a safetrap and you need a lot to make something of it, but you also need a lot not to get rugged by others dropping it and the sales fee. shiba is a hemisphere coin at the very least.
in crypto you can really sell whenever you want. if you’ve made a big profit, you might as well sell it and reinvest a lot of it back into other cryptos or investments you believe in and have done your research. there’s no community decision on when to sell.
i’ll be cool with $.00001 or $.0001 so i can sell some and invest more into the other 6 cryptos i own.
your honesty hurts my feelings
you have to know that people burn coins everyday, so eventualy that will pump the price a little, if we manage to burn like 60% of the bag we will get closer to 1 cent
as much as i hate to admit, i think it is a sinking ship. i've cut my losses (down 60%, what ya gonna do?) but i wish everyone here the best of luck.
buy enough so you can stake them you earn a percentage for staking them
from what i've heard, its because the ledger's they have used were tampered with. the box it comes with may seem unopened but in reality, someone's already done something with it. best thing to do is to buy your ledger from a reputable site like the official website or from their amazon shop. ledger also have a security measure in place where once you get your device, it scans it to make sure its all legit. if you're really worried about your crypto being stolen, i advise you keep half in a wallet and half on the exchange.
i can still learn about it after investing. it’s not like i’ve invested more than i’m able to lose
what’s that have to do with my comment? you sound upset because you losing money lol.
i did the same thing with 10 mill coins, 3 months at 2%.
i read your comment, and was like, " damn it is like , let us buy another 7" 🚀🚀🚀
just in my work shop there’s a good couple of people with millions to billions of shiba inu and all of them have the same bro mentality. gonna sell for a boat when it hits a dollar. my question is has there been other coins that release and people buy double digit billions of shares in expecting to get rich ? i feel like once a few sell of it will cause a panic, something just doesn’t add up. i know you sell whenever you want but everyone with shib seems to have a price area.
that might happen. but not 0,1
we have to face it, we sure can make thousands of dollars(depends on how much you put in) but most of will never gain as much money as they want, unless you invested like +10k$
it’s reality. not the fantasy world ppl are living in in this sub.
yet, there are +400k holders right now. each one has millions in their wallets even if they put like 10$(still 1 million tokkens) they eventually become super reach. plus its not like every single person who buys shiba burns at least 50% of his. i would say that we still can remove one 0 and more, but we will never reach 1 cent. unless something extraordinary happens... if you wanted to earn millions just like these, you had to buy shiba long time ago when it was not known to all people. like a year ago or something when. like with doge, those who bought it half a year ago, if my calculations are right made 200x profit. they put 100. and now they made 100$. yet that happened mostly due to help of elon musk and the fact that doge was one of the first (if not first meme currency).
this is flawed logic
ouch 60% losses?? you only lose when you sell... gotta ride the waves up and down
can you stake shib on cdc?
alright, i might try ledger. thanks for the advice
hahaha! that's what i did that day i bought 7.5 millie's lol
nah i think he’s on point.
yeah it was only on £500. well there is the thing, i personally do not see it taking off, but thats just my opinion.
yeah if we can stake shiba... that is a whole new ball game. or if they implement that... being a memecoin it is doubtful they will ever develope it to that point.
yes, you need a minimum of 8kk and gives you 2% pa
yes have to have 8m coins to be eligible
hi, i'm michele and i write from naples, italy. i believe that we all have the purpose of growing this community and the coin, so i propose that all participants use the same profile picture depicting shiba, in order to spin the image, the name of the coin to make people curious about it. join the community and buy shiba inu. what do you think?
a i can’t wait to adopt one
new here and just joined. what's are some of your guys opinions on the shiba inu coin and honest take on the future here. i'm really hoping for this coin to do good. it's my first coin getting involved so early (and cheap) in. like alot of people wishing they had gotten in when btc first came out. looks really promising here, but with the way the crypto market is, it just so hard to say what might happen. appreciate your time and comments here if you do so
after looking at this cute pic i have determined that it will presently cost me 250,000,000 million shiba inu to buy one shiba inu! of course price action may change my value assessment...on our way to the moon!!😁
what kind of dog?
i dont think those are appropriate supplies! 😀
someone here is on the ultralight backpacking group
take plenty of water i’ve been told not to drink the water on the moon lol
how stinking cute is that? 100000000%!
do you o??r anybody know if the official shiba website
this pup looks ready for adventure!
i only have one question who the f is not holding
yes yes make sure to take supplies you might need them unlike dogecoin forgot his supplies 😂
don’t forget to bring a towel
why don’t we just call it like it is. we’re going to the firmament.
i want your puppy!
my next dog will be a shiba inu 🤘🏻👍🏻
gosh that is one cute dog!
supercute. and then i saw your post. and then it came to mind that this is supermegacute.
no one can predict the future...but definitely better than keeping your money in the bank.
about 400 trillion coins in circulation so even if you buy 1 million coins you wont be seeing crazy gains. not even 2 or 5 million. everyone i know personally and online are dropping -. a friend of mine is sitting comfortably with his first purchase being 600 million shiba coins. learn more about shiba swap, you might find it interesting. hope this helps.
thank you and yes it did regarding the amount needed to see gains. shiba swap, not so much i'll have to see if i can understand it a little better from a clearer source. lol thx and respect
i bought 69 million shiba coins for +
yes!! i am up 10 dollars in 30 minutes!!
i have my 1.1mil. it aint much but it is honest work.
i have been pumping like a mad man for us guys in the last 24hr i proudly bought 2.000.000.000 shib ... keep pumping guys today is the day the whales make a move on shiba trust me...help us take our shib to the moon
just hodl the line!!!! 🛡 🛡 🛡
selling as much plasma as i can without dying to buy shib
i literally just cleared out all of my savings.
traded all my ada for shib yesterday. some might call me a fool.
i did not buy 100 million to make a few hundred bucks bring on the penny
traded some of my other assets for 1.65m shiba, its not alot of money but who knows, if it goes even to 0.001 cent in 10 years, it will be a good investment
picked up 60 million yesterday and it’s up today,great!
i cant wait for our counterparts on the other side of the globe to wake up and keeps this pump going strong.
i only have about 13 million but damn i’m taking this to the moon!
doubles in hours! like wow!
gonna try to hit my goal of 100,000,000 coins by november and maybe 500,000,000 by january right now only have about 20,000,000 but consistently buying every month very nice surprise today with the pump.
oh man im nutting to this mans speech. 🦍🦍🦍🚀🚀🚀🚀🚀🚀🚀🚀🐕🐕🐕🐕🐕
hodling on … not selling until it reach $.10
lads £/.00 can happen. billionaire is the new millionaire.
damn. late to today's party but just checked on my 50 million shibbies. tis a good day! hodling strong!
. what an incredible rally in the face of a stagnent day.
i’m hodling till i get millions and then reinvest into shib some more.👍👍👍
i was moved by your words my brothers, just bought 30,000,000 more!! diamond hands!!!
too the fuking moon hodl
make money? i bought this shit back at 29 long ways away. just trying to recoup what i initially purchased last spring lol
i'm in it for the long haul.
my brothers, a day may come when the courage of men fails, but it is not this day! hodl men of the west!
i’m all about hodling but a goal to make millions requires serious huge impactful burns and a market cap of more than five billion.
just bought a casual 49million shares. don’t forget to tell all your friends! let’s keep this momentum going and teach those wall street fuckers how to make money in the modern age.
i bought 5 mil shiba yall lets get this bread
ummm, i'm not selling til it is .00, minimum
buy more! each time we buy, there is a small burn so keep buying folks
hodler since yesterday afternoon! im gonna hodl!
just as long as the whales, and those with a billion coins, do not sell on us. my 161 million is growing nicely right now.
another round of pumping could be coming soon from the looks of it.
i have over 37,000,000 and up nearly 100% ' i will buy more, looking to go over .0001 ' to the moon & beyond!
i only have 200 million but i’m not selling until we only have two zeroes!
call to arms! at the ready, “now hodl!”
ffs hodl, what is the point of selling at this point. the initial investment is a pitance and selling ensures it stays that way.
take it to .10 will change everybody's life
hold till at least .01!!!
exactly im not selling until 1 dollar
hodling 250million+...just kept buying and never told my husband! 😂
be patient and hodl!!!!!
my neighbor called animal control. it was my 111,000,000 shiba on my bag barking non stop! woof woof to the moon
i just sold my ada for it yesterday. now have 170 mil and hodling lol
i’m looking for that rh promised dime
half bil and holding to .01
not gonna lie it hits .01 be hard not to sell
right i'm happy but shit let us all be millionaires.
i’m am hodling!!!! i am waiting for this to take off like dogecoin did!!!! diamond hands prevail
up 2k today alone, today was a good day 😎😎
i buy what i can afford and not one coin more
hold hold hold. i dnt have alot but i'm holding.
gonna buy more tomorrow is my payday to the moon we go.
bought another 8mil at the high today, 80mil total. have an auto buy set for every 2 weeks when i get paid. yall keep pushing this shit up im tired of working shift work.
10mil at .000008 current financial situation: card received from triangle square circle
a coworker just told me about this coin last week. spent 360 bucks so far and own about 46million coins. holding like a mother fucker!!!
shiba inu coin to .00 or bust!
i bought 79 mil, praying it goes well, planning on leaving it till it hits a few cents.
holding is only half of the strategy...we all need to promote this to everyone we know...friends, family, co-workers by any means available including social media! if you have a coinbase account promote it! you and your referral get .00 each to buy even more shiba inu! that's how you remove zeros...!
i’m dumping all i can into this fam!!! let’s gooo
hoyl. that's great. i'm going to start saying that
i bought 2.5m when it peaked a few months ago so i’m barely seeing some money back still down tho 😂
so excited to ride this hoe!!
facts millions is the only goal with this
i have been holding since the beginning of the year. today was a good day. but not good enough to depart with my precious shib. besides, it is staked anyways, haha. i did that to prevent the temptation.
holding strong and still buying
everyone has their own goal. don’t project yours onto them.
would you look at that i’m almost only down 60% now!
any chance they start burning coins? 4 trillion is a lot lol
it's moments like this i'm glad i staked my tokens. all i can do is watch. probably gonna restake in two weeks and get more free money. i'm not going anywhere for a few years. think i'll have a drink.
anyone know when robinhood will pick up shib
cheers, to your health
amen!!! amen!!! and amen 🙏!!!!!!!
let’s go team!! i got the chance to add more this morning .00001501 and planning to buy more in tomorrow...
picked up 225mil more 🚀🚀🚀
yes i really hope people just hold so we can all make some cash. hopefully we do
hold you paper handed bastard . diamond 💎 🙌 to the moon 🌝 🚀
i know, i cant stand pump and dump. fucking people gotta learn to hodl. we can easily become 0.001 by december
i will never and i repeat never stop hodl
.00003 bag holder here. keep it going!
i'm loving this. go baby go
it’s close to wake up time in the east asian countries including china. i think that’ll mean shiba will go further up
shib is the one coin i don’t trade for stable coins and buy back dips. i’ll hodl for everyone, the resistance is strong
can't say a blame anyone for taking profits. but (selfishly) hold!👍💥👊
holding on my account have to be in a million
still losing but still hodling
why is shiba moving like it is
what do you all think?
i’m in for 16.5 million coins now... i’m holding long term and am adding more tomorrow
i read about a large burn happening in future. is that true?
just don’t cut out before the little guys
let's get rich. not pay the rent...i said let us get rich. hodl and we will achieve financial freedom.
yeah! what he said! plus, i need y’ll to keep the train running until my 90 day staking period is up on crypto. 80 more days to go
i could not agree more!!!
hodl my 4.3 mil forever
holding over 600mil for over 6 months
this is not the way. hold for our brothers and sisters!
some ppl are really cheap , they sale to make 10 20... dollars , just keep it and sell when we drop more zeros , it will benefits us all
love the positivity! lets goooo!!!
👌👏👏👏👏 make millions. 🙏
let’s go to the moon together. hold strong
i’m glad i be part of the shib community
why are you people selling for pennies? jfc
well just bump myself from 60 mil to 136 mil come on to the moon
don’t worry i’m in for the long term gonna keep buying more, there is a lot of room to grow.
help me shiba inu coinobi, you’re my only hope! (for retiring)
shiba to the moon...
6019771 not buying anymore, but i bought it when it first came out. hopefully i can retire before i'm 30
if shib ever reach $.01 i might just donate half of my money
the hour it came available on webull i bought in, here holding
just bought a million shibs. let's ride!
bought 100 mil shib for shits and gigs last week when i was drunk. not thisappointed lmao
bought ... keep pushing it up.
i bought 21 million worth at .0000062 (160’t invest what you can’t lose) of shiba 4 months ago and dug them!
holding and staking no dumping!!!! we can do this and make millions together 💪🏻💪🏻💪🏻💪🏻
because of shib i am today heavier for 10+k ’t sold even one shib. still holding and staking!!!! 💪🏻💪🏻💪🏻 until first million i will sell just 10% of shib and stake the rest forever!!!
yes sir. holding to get rich like oprah
i want to have some solid gains 😍🚀
lol, no choice, 14 billion staked at crypto.com 29 days more, 5 billion at shibaswap.
hell yea this is no place to take profits hold tight
just showed everyone the graph and how to buy on facebook where people throw 10-15k on sports betting prob not allowed but i want people to buy buy buy. about 25k members they all got money to blow. they make fun of me for throwing 500. on a game
i'm buying up more tomorrow when i get paid. hodl
added a cool 50,000,000 the other day. slowly but surely trying to get my billion.
just bought 71 mill from savings account . no interest in a bank so why not
i am. i want 4 million dollars. that’s all.
lfg shiba to the 🌙
i bought 1m doge back then for about 0,0000006 and sold it for 0,00000045 due to fud. where my 700k ? some smart guy got it, at least someone who bought and hodl it, hope so...im in shiba too, hodl 2death
how can we get the doge army to go all in with the shib army? that would send it to the moon (.01 lol)
! just need another 144 million to do the same lol
11m in shib, in for the stronghodl💪🏾
i have 170,000,000 now am thinking i should get more 🤔
it will be hilarious if people again become millionaires off another dog coin
currently holding 3.3 million shib (only about ) and am up . planning on buying another . shib to the moon!
keep er going we are doing good today 👌🏻
everyone who bought this day was very smart
yes everyone hold and live off the staking rewards for life!
i started with 'm at ... i'ma gonna hodl till the refresh button do not work no more!
for real though, i literally have a permanent streak down the middle of my phone screen from refreshing until my eyes remind me that i have to blink... hodl bros
bought some for my wife’s boyfriends kid
should i pump the shib on all my social media accounts?
you guys really think it’ll climb that high?i can only dream!
24 milly in. hodl :)
i have over 9mil shibu and couldn’t believe i tripled my money literally over night! this is truly exciting!
market cap is now billion! hodl now or forever hodl your peace!!! 🚀
whales if your reading please don’t sale!! hold for us little guys!! lets clear a few more 0s
it's about to dip back down! it's been a nice pump. we will have many more of these before we reach our goal. just hang in there!
shall the shib bless us all
heh, can i have some of stuff you are smoking?
should wait for it to get back to .0000099 to buy again.
im very impressed whales are not selling off its the little guys with 500,000,000 pulling profits then it jumps another 7-8% then they regret it immediately. i'm happy for that. hold strong might not hit a penny ever,but it can definitely hit a half penny .005
take your profits and run!
i think this is the reason for the pump. people fomo'ing after articles published about a whale purchasing trillions of shib.
don’t hold. buy! buy! buy!
holding 39mm shares .0000850
i bought ,000 today...
how come i cannot trade shiba on coinbase?
i just did it because i hated that elon musk was manipulating the crypto market by buying a stupid altcoin. i actually bought i think like 3 to . it was crazy to see how much those few cents raise to 100 or . but since shiba has more potential because it uses more of an eth based algorithm for its transactions, and the owner that shib made a burn wallet after the founder of eth... just hoping for the best. my brother died 2 weeks ago, and my parents and sister got into an awful car wreck whenever they were on the way to see his body before it was cremated and now are in critical condition... not of a religious person, but hopefully there is someone out there looking out for me and maybe this antidoge altcoin will make me have no worries in the better words of lil wayne
your post has given me faith and put me o. traxk to hodl. in the meantime i will just hodl my peepee and go skeet skeet
hey, how much are you hodling?
i hodl and buy more
be ready for one more big pump soon and after that we will be moving from 0.000010 to 0,00002 half year and then we go up again. if you sell it now more than 20% you will be sorry
the more people buy the less it’s worth, no?
bought in may still at a loss 😁
bought another 100. it ain’t much but i have faith. hold strong!
i made a 20x leverage trade from 5 zeros and my profits are just flying. i'm not selling until i see 7 digits on my pnl
sell or go back to even, sad truth
holding for my shibas! 😜
i'm holding for the millions
so if the whales buy in then the value goes up? then they sell and take all our money? eli5?
brothers? i was not aware i just stepped into an incel forum, or that i had to trade in a willie to buy shib.
holding is wise for long term investing, but you cannot short a crypto. as long as you time it right it is okay to do short term selling to make smaller money over and over
take profit is going to tank 30% tomo
man this sub is cringe it feels like it is nigerran prince email version of reddit. like 99% of posts are same hurduur hodl diamond hands burghhh moon hurdurr fucking jokes. seriously its concentrated autism. but nobody to actually have a informative conversation with. hodl just trust me bro. it'll moon = this sub
i took all my money out because i needed it 😑😑😑😑😑😑😑 happened with dogecoin.
who likes to gamble? i have 47650000 shiba inu coins that i will sell for 10 million, are you sure that they are going up? put your money where your mouth is!
help- i’ve been trying to buy shiba inu but it’s not showing up in my coinbase- it’s says not tradable, or can’t find when i search, and when i follow it, it says this asset is not supported. any ideas?
hey iforgot my password to mm and i used my pass phrase to get back in. now all my crypto and shiba is gone . staked and buried ... 250 mill plus my ether , doge and others . anyone have this problem or know what i can do . thanks
while hodl is a great idea atleast get your original investment back so if it does come crashing down again you don’t get caught out there and then hodl the remaining balance that will surely still be in the millions or billions depending on the amount bought! don’t be a fool for the prize that may take years because the whales aren’t
that would require those that already have millions of dollars to invest in this and not btc or eth
so elon just killed shib also…
.0088 and i'm out of the game
when we reach one cent how do we cash out on crypto.com? by making it into bitcoin?
people would not hold majority of people have paper hands thats just how it is i wish it was not.
i made my money and dipped... im still hodling some but i wont be losing any.
sent my mom 8 million yesterday when it was .0000082 😚
then bought 20 more
you are probably retarded
or hodl until !
i’m holding no matter what. 😏
70 mil for 500 bucks is a huge thiscount
.001 there will a massive sell off, i'm selling all 1.2 billion and not looking back
what market cap do you expect it to be when you will hit 600k ?
small dreams man!! hodl till millions!!
that’s good but just wait until there are seven zeros behind that!
every bit brings the shib army closer to the motherhodland!
with my 2 mill we have 3 mill together, i’ll buy the island you bring the yacht.
same but i’m in starting to think i should invest a little more
yeah when that turns to 100,000 fiat dollars!! you will be very happy 😃. hodl
1.1 million is legit. make it rain.
i wonder if people who have billions ever plan on burning 1 shib
promote it. advertise it. spread the word. retweet. like. and share. make shiba inu the most popular coin on social media and crypto platforms around the world. let’s make it an acceptable medium of exchange.
why??? you’re buying on the way up. wait 2 days and buy when it’s back in the basement lol. sell high, buy low.
shiba army we are for the long haul...
you’re a good man. thx.
we are the resistance! hodl steady! no crash will make me sell or trade
thank you for shedding your blood brother, it will not be in vain!
look at shiba as your bank and fiat will be forgotten soon
i read this like your the wolf of wall street
a wise man once said, “buy all the shib you can now before it’s too late.”
i’ll pray for you
selling an utter hypecoin for a legit community coin is actually intelligent.
i did the same thing yesterday! hopefully it pays off for us in the end ☺️
i did the same thing…… to the moon
ada had a great run but it doesn’t have the upside of shiba inu
you’re on the verge of witnessing something special and having a life changing result from your commitment to believe now. hodl!
you wont have to wait seven years... shibas market cap is up over two billion and half today... looks like we are in space and time now... we are all amazing...
congratulations! we have a long hodl ahead of us but we can do it!
you mean where it was banned?
as you should! question? will your life be any different if you had 13 million? are you going to keep your job?
biggest thing is to hodl!!!
your commitment is noble! to beyond the moon fellow shib astronaut warrior!
me too. just added 15 mil.
your choice on how rich you want to become. mr. musk will be the world’s first trillionaire off the shib army, hodl!
musk is going to be the worlds first trillionaire off the shib army!
extremely doubtful without massive huge impactful burns and a market cap above 5 billion
hodl the ranks shib astronaut warriors!
buy->hodl->repeat. now is the time fellow shib astronaut warrior!
the bold will be rewarded and the cowardly will live in regret. congratulations brother!
doggey coin landed on the moon. we will surpass and conquer what awaits us beyond!
way to hodl! your sacrifices will not be made in vain!
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how soon do you think, honestly?
terrific to hear, we are all in it to become space warrior astronauts.
we will surpass the doggey coin army and travel far beyond the moon fellow shib astronaut warrior!
and you are in at the right time brother.
we learned the mistakes made by the doggey community. we won’t repeat them. forget the moon, we are going beyond it!
is there truth to this? forgive my ignorance
and brace yourselves fuddy alt accts are coming
welcome to the shib army! buy->hodl->repeat!
a steady march to glory!
let’s be astronaut warriors!
better than doge with how many coins you can get for the current price while still knowing it is going to reach higher levels than doge because of the precedent it has set and more people being aware of what can happen with a community like ours.
the sky is no longer the limit!
it’s your choice how rich you become. the shib army won’t stop that soon.
we have a terrific army of shib astronaut warriors!
we will surpass far beyond what little doggey did! shib astronaut army unite!
absolutely, dont let the doggey spies infiltrate our ranks!
i dropped 100 .000000835 -- if it makes a penny or a dime i am beside myself. i will hold until i am either rich or lost 100. there is no middle ground.
people have seen what doge can do. the precedent has been set. this time around it will be beyond the moon!
the sky is no longer the limit fellow shib astronaut warrior!
he will worship you fellow shib astronaut warrior!
that’s a great start! hodl the line!
i, too, made about that much. capital gains tax is fake. 100% profit
hahahaa they are well trained. tell them to hodl and stand ready!
welcome to shib astonaut army! beyond the moon! here we go!
it is every man’s right to decide the wealth he accumulates and provides for his future generations of family. to beyond the moon! hodl!
considering $.02 is double your money, hodl!
right i understand .02 would be even better the point is it would be real hard not to sell anything when or if it ever got to .01 for the price that i bought in would be a life changing event for sure
elon will be the world’s first trillionaire because of the shib astronaut warriors! forget about the moon, we are passing that on our way to the next galaxy!
we continuing to hodl the lines and our army will grow! we are in at the right time, time to see what’s beyond the moon!
a great start to an incredible journey. can’t wait to see what awaits us beyond the moon!
as long as you hodl! we want you in the millionaire’s club with us!
hodl until beyond the moooooon!
holding for a couple weeks now and bought more this morning to get over 1 billion coins. hodl!
congratulations for at least having some and staying true to the shib astronaut warrior army! hodl hodl hodl!
congratulations! together we can achieve greatness!
congrats! we’ve only just begun!
congratulations and welcome fellow shib astronaut warrior!
youre a loyal warrior to the shiba army!
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your sacrifice will be rewarded with great riches. stay strong brother! hodl!
except for elon who will become the world’s first trillionaire!
today was a nice stepping stone towards our future of glory!
to the moon shib astronaut warrior!
you’re sacrifices will not be in vain fellow shib astronaut warrior!
the opportunity is now to buy. if you wait for a burn, you’ll be left on earth.
you’re sacrifices and commitment will live on in legendary tales!
the longer the wait the better. make them frothing at the mouth to join the shib astronaut army!
and hodl hodl hodl!!!
the naysayers are the ones who sold doggey coin at $.01 and let is fail before it reached $.80. the shib astronaut warriors will succeed where others have failed!
congratulations! whooohooo!!! now hodl!!!!!!!
we saw where and why doggey coin landed on the moon but then crashed. their mistakes will not be repeated. the shibu astronaut warrior won’t settle for the moon. we are beyond!
hodl strong! our destiny awaits!
it’s the same people who quit on doggey coin who do that and then regretted it. the shib astronaut army won’t be deterred so easily! hodl!!!!
you may be richer than the 1%.
too many small minded profiteers entering our astronaut shib warrior ranks. we will continue to prevail though despite the spies.
forget the moon, space knows no limits!
lets gooooooo! shib astronaut warriors blasting off to the next solar system!
forget the moon, we will explore far beyond it!
dont know about china, but the rest of our fellow shib astronaut warriors will be ready!
forget about the moon, the shib astronaut army is going beyond!
hodl until your shib warrior grandchildren are set for life!
all aboard! the spaceship is fueling as we speak!
your sacrifices will be celebrated when we reach the next galaxy fellow shib astronaut warrior!
i like the remodel! who’s your contractor? does he hodl!!!?
because of you, me, us.
i think the moon was a nice place for doggey coin to land. time for the shib astronaut army to see what’s in the next galaxy!
we’ve only just begin. people are buying their tickets now for the spaceship while they are cheap.
congratulations! let’s see what’s in the next galaxy! forget the moon!
i’m in f'r 16. 5 million chinks anon. i’m holding long term and am adding moo tomorrow *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
we hodl the line, we all will live fine!
slow and steady can win the race. as long as you have a ticket aboard the spaceship and hodl, you are ready for blastoff!
burn or no burn, being a part of this now will ensure the growth of our community. thank you for your involvement!
correct me if i'm wrong but did not the founder of shib send the founder of eth half of his supply, and he immediately put it in a burner wallet? i know you sent him a lot, but the half part is what i'm not certain on and life sucks right now so i'm not going to look it up. i got to work in like 5 hours. hopefully they do not have to work if this goes to the moon
the shib astronaut army won’t leave anyone behind like the doggey coin army did when they landed on the moon. we are going beyond it!
hodl until our ship is in another galaxy! forget the moon!
we are only fueling up currently.
your hodl will not go without reward!
we saw what doggey did right and wrong. the moon is just the beginning. we are blasting off for the long haul. hodl!!!
buy->hodl->repeat!! we are the next army to blastoff into space!
your efforts will be rewarded! hodl!
we can do it!!!
its the non shib spies undercutting us. hodl the ranks and we will succeed!
leave the negativity for the doggey coin community. they landed on the moon and got stuck. we are going to the next galaxy! buy and hodl shib astronaut warriors!
to the next galaxy brother!
its the doggey coin people who quit on their own army and are trying to join ours.
you are a great warrior!
the shibaforce will protect you for as long as we all hodl!
no luck needed, you’ll reach your dream!
at that point, save it and hodl! the charities you donate to will be much more appreciate when it goes to !!! your generosity will know no ends!
you are a true shib astronaut warrior!
hodl and you will!
no elon musk this time.
forget the moon. that’s where they landed and ran out of fuel. we want to go beyond that! go to the next galaxy. .
the sky is the limit brother!
stay true, stay hodl, stay shib!
buy->hodl->repeat. if you wait you’re late.
that train has left…
said a poor man.
whooohooo!!!! congratulations and welcome!
buy->hodl->repeat!!! the moon is boring, let’s get to the next galaxy!
congratulations! you are a true warrior!
welcome! doggey coin landed on the moon, we are going to the next galaxy!
we are all shib astronaut warriors! forget the moon, our spaceship is going to the next galaxy!
congratulations! you will be a king among kings!
i will enter into battle any day with you fellow shib warrior!
the opposite. the more that is bought, the less there is, the more it’s worth.
brotherhood means a fellowshib or alliance. “the whole body of persons engaged in a business or profession.”
sure, but if you short something like shib and never catch it on the way up you are a doge kind of person.
why? to pay for a lunch, hold and you'll be happier
that’s treasonous spy talk.
i’m not a day trader i want real money
its okay to retreat. just make sure your friend circle buys it so they can take you on trips from time to time.
doggey coin landed on the moon. we are going beyond it! hodl!!!!
did you lose a lot on doggey coin?
those that made money off those rise are buying shib like crazy. the shib astronaut warriors are providing support and hodling!
on the contrary. he is going to be the world’s first trillionaire because of shib. the warriors who buy->hodl->repeat will be awarded greatly.
be sure to tell your friends to buy. they can buy you nice trinkets when they are rich.
we saw with puppy doggie what can happen and people learned that to hodl is to keep the dream alive!
i wish i did too. i was thinking about trading my eth for it
fuck you piece of shit! you’re the one who’s going to be broke while i’m a billionaire.
bruh 600k or 6mil, either is life changing, let the man decide what he needs for him and his fam
and i will cook the meals and arrange parties for all the shibians!
with mine me almost have 80mil we gotta eat boys
i’ll bring the beer, german.
thank you very much. xoxo
because i have been buying nonstop for almost a year shiba inu the more i have the earlier i will retire
it will be in vein! lol sorry couldn’t resist
i hate banks, they are all corrupt, bank rolling those who short us!
i own billions of this. i bought in since it began in august 2020 and have been holding since.
hell yeah, it is only 30% increase would be alot of money. i might try to chip in 10
idk what you guys smoke but it looks amazing lol. not sure what you mean
i’d start the business i always dreamed of!
i’m gonna hodl until i can buy my tesla with it!
ah fuck i hope not
what is driving all this ? not to destroy the good mood ... just curious
well all the “experts” thought ada would reach , and it’s hanging around mid 2’s today. so anything is possible i guess.
let’s hope so i have about 16 million and my miner is churning out about 150000-200000 tokens a day. although it doesn’t pay out until i have 2.5 million. but that’s about every 10-12 days
after reading another 5 mins through this thread i’ve bought another 20million. this train can’t be stopped - i officially enlist for the shib army
i'm poor so i can only afford a few million coins. which will be worth a few million dollars soon. and then i would not be poor anymore.
the truth is we buy and hold, then buy some more and hold.
alpha centauri would be a good pit stop.
only a shib deals in absolutes
you can’t get much for a hundred bucks anyway…good for you!
cezar milan on his way hahahaha
hey shit i'm riding with elon with this one ...shotgun...
the stratosphere that’s what awaits us my friend! the stratosphere!!! 🚀
holding 23.78 mill for now, will buy another
i’m gunna prob drop another couple hundred bucks soon lol
keeping our eye on the prize. we are the early ones.
i mean i have purchased about .
thanks, buy ya a drink? i'm making zacapa and ginger ale with a solid squeeze of like. delicious
once in a lifetime opportunity 🚀
oh yes. i mean i wont be holding my whole bag during bear, but at least, let us have a nice tun at least until btc reaches 100k, then peolle can start cashing out some... its nice to have small steady growth. i still pluck my hair for not buying shib on the earliest days, the name, and meme coin status made me steer away, until i later went fomo. i bought 80mil on ath then averaged down to 0.00007, i have 145 millions
oh yea right no shiba over there. sorry my bad
i can see us all being filthy rich in like 30 days if it increases this much every day. i bought 10m coins for like 90. i bet it almost doubles every day until we are rich 😂
yeah he has his current hodl card and he is licensed in moon landings too.
i am definitely a part of shib
we will go to the moon
you get it. hodl
by the way, i wasn’t talking about you. i was talking about the shiba holders in general🍺
thanks bud … i wonder what their worth now?
lol very true we need to aim higher! not sure it will ever hit . hopefully the buzz will bring the hoards of investors.
just put in another 5k hold the line
imma need to do some research, thanks op
no i missed that entire ride unfortunately but i will say it took them 7 years to get there and although it may happen to go to the 🚀 🌚 that’s along time to let money sit there and do nothing for you while the people that hold your fiat get rich off the interest
idk… look at doge…. he killed it not shib…
that’s not how it is going to play out. people are to greedy.
lol i have 9 trillion coins
get more and you say the same
i hope you are right i'm going to hold but in all honesty that is because i've already come to terms with losing the money i've invested in it.
don't do that !
oh well, good luck
the retards follow the artists and even the apes get rich.
yes jesus. its every warrior’s decision how wealthy they want to become!
problem isn’t holding to then for some of us, others seen double money and folded then sold out.
so now you can buy me that coffee you owe me.
i like food. 🤷🏻‍♂️ i also just started mining shib today. all i have to say about the situation is shib yeah. lol 😂
can we afford peanut butter with our crackers yet?!
them overdraft fees for allowing them to hold our money in the first place oof
wait for it to reach .
fact people are selling and it’s ridiculous… you could’ve made so much more
you, me, us, the shib army!
i asked what you think, haha. i know what the experts are saying
beyond the moon! hodl!
they know how to party!
good, tell him to buy->hodl->repeat!
doggey coin was the test and the shib army learned from their mistakes. hodl!!!!
excellent! your sacrifices will be rewarded handsomely!
this is a community of shib astronaut warriors who saw what doggey coin accomplished and are hell bent on seeing what awaits us beyond the moon. longterm hodl by our community is the key to our success. believe and achieve!
when we are on our yachts we will cheers!
most important thing is for our ranks to hodl!!!!
your name will be inscribed in the halls of greatness!
that was the first test launch. dogie coin landed on the moon. now we have learned from them and know what it takes and we will say goodbye as we pass the moon and head off to the next galaxy!
doge did what it was meant to do, go to the moon. shib is intended to take us to another galaxy!
too* and thats the best part. as the weak sell off the strong will continue to hodl and reap the rewards.
well it doubled yesterday from a week ago. if i did +++++3k lol but it is fine
yeah that’s true. i see it like this: better investment than a lottery ticket, and i wouldn’t care about (profit i coulda made selling today) but i sure as hell would care about 300k+
<3 shib yeah! good luck with your mining... maybe next time you can cook the dinner! :)
i am impressed by my self to i already have 67% profit thats like 10k in 24 hrs
i do not believe in 1$, i dont even think i believe in 0.01$. but who knows, im holding for years so only the future can tell. we will see
maybe it’s the noble australian nation using all their country wide lockdown money from last year to buy a coin named after an equally noble japanese dog?
well said. true for me.
to constantly buy and never sell it?
shiba can deliver us from centuries of inflation and slavery controlling the economy?
the people don’t lie about the spell checking lol. any way it’s not the weak to worry about. their small amount of money has small impact on the market. it’s the big holders who get bored. this stock won’t get over .001
bet. bologna sandwiches on me 😂😂
it took doge two months to go from mortal levels to the moon, the only problem you’ll have is wishing you had bought more.
can confirm. source: am aussie
doge spy trying to infiltrate the shiba army.
this isn’t a stock
he he... i will bring the pickles and chips with guacamole! and maybe i make some tamales for shiba big celebration of 4x ... feeling good!
well im not really into putting so much money into crypto, holding my eth and i have very little doge. at this point tho, i could swap all my doge into shiba
i, too, live in australia.
i meant back in the day when they shut down the whole country, i dont think there is one now
my bad “micro crypto coin”. also as i stated doge is dead. elon killed it. soon to be the destroyer of 2 crypto coins.
it’s your choice how rich you want to be warrior.
melbourne has been locked down for >a year
yeah we've all got priorities, bills and expenses.
dropped a lazy 25 bucks in just to say im part of the team. plan on dropping some more in the coming weeks. to the moooon my dudes 🚀🚀🚀🚀🚀
just bought . will add every week when i can. good fortune to ya!
where does this info. come from?
how is it so many ppl buying millions and millions millions of coin and it’s not moving 🤦🏻‍♂️
bought 7,777,777 for good luck! cheers!
keeping topping up each week until it takes off 🚀🚀🚀🚀📈📈📈
proud new holder :)
just joined today 📈🚀🚀
im one those fuck yeah
ok i got six people involved they bought shib including one whale. i’m trying to get everybody to come over here so if need be we can all move together to address any issues with whales or needs.
thats... not many at all. plenty of growth to be had!
it was at 11k when i lost checked lol
recently bought 3,000,000 guys. let's get that fucking moon
i am one of them
i have 17mill shiba inu coins and im adding . fly me to the moon shiba inu!!!!
i got 15million coins for . im gonna leave it there for my son to cash out when he turns 18 in 6 years.
i honestly believe in this community so much !!! this is going to be a crazy ride🚀🚀🚀🚀🚀
i am several thousand of them.
i purchased 24,500,000 a week ago. go shibu!!!
just bought 50 million shares
can’t find shib on any trading apps, which app do you guys use?
1.5 million and still holding
so far i got 23million adding more this week
just bought 40 bucks worth. let’s go my fellow shibas
only 387,567?! i have personally told 100s of people to buy...literally everyone i want to share the moon with 😜 💚🚀⭐
bought another 100 million at the dip
9.700.000 shibas are in my diamond hands 🚀😎
where can i buy? living in oh
we're can i buy shiba safe.
put in . let's ride this rocket! 🚀
love from india! i've just purchased . she loves it.
how do you search it up on etherscan
proud to be part of the team ✊
stupid question but, why holders matters?
got a couple thou, seeing where this is going. love the community 🤙🏼
where do you buy shib?
new holder here, 14,000,000.
every payday i am adding more.
hi guys just bought more than 34,888,392 to the moon🐎🐎🐎
as soon as i found out we can trade shib in crypto i told everyone i know to buy shib. so far got few people bought at least 7mil shib :)
i threw in !
holding 37.27 million and hoping for a good rise.
holding 18000000. my goal is 100000000
anyone here thinks that the shibainu coin is at 0.01 cent someday?
proud to be one of them
how much holders were there a month ago?
.4-.52, hold it for 8 month
love how the upvote is different on this one i like it
i have 65million should i sell or hold guys
are we home yet??
why tf is shib not on rh
i have 14 million coin. i just need this to hit a penny and i'll be happy.
brand new holder. got 30m shiba inu. probably buying more very soon... we should all do a shiba inu when it takes off... actually... wondering what’s everyone number to sell once it rockets up... 🤔. is it ? i hope it takes off from .01 to ’t think i got the 🍒 to hold too long 😂
i’m in ,400,000000 tokens
this guy made an amazing factual video. explains alot of what to expect and why. please share it with others to grow this token. watch "shiba inu token is going to explodemassive shiba inu pump (.00?)" on youtube
added 5 mil more today
just bought 2 milli. not much but will be buying more
shib on binance now, let us unite and buy more or if you have hodl!! binance also has a prize going on for trading shib! get in and shoot for the moon 🚀 [get in the game on binance and receive 20% of all my future trades!](
i don’t think shiba is giving up yet
pump , and pump ,no dump ... just hold... my real job only pays for death not retirement... this is the only way!
535,895 as of 6-20-2021
it’s at 1 million holders today and growing
next 1000x moonshot 🚀
same, i am going to add another .
i got 2m coins and will be holding. although with how cheap it is, i am thinking of dropping .
holding 35 million shares
you can find it on etherscan. it’s up to 388,000 now.
because whales sell off to try and cause others to panic sell. that's how they make money. they sell, causing others to see a price drop... people panic thinking that it is going to zero, so they also sell... a cascade of selling off and then the whales buy back in super cheap. people then see a pump and jump back on board, causing an even bigger pump... whales sell off... etc... the cycle continues. this is why it is so important for people to just keep buying and holding. eventually we steady the ship and there is nowhere to go but up. seeing the mass amounts of new holders, always growing... just shows that more people are buying than selling. can't really ask for a better trend than that.
gotta pump those numbers up!
never stop topping up! for those in india & whole of africa.
**the way, this is.** *-morlaco13* *** ^(commands: 'opt out', 'delete')
that's not how many coins or transactions... that is how many actual current holders of the coin.
only real way to tell if a coin is trending toward mass adoption. whales come and go... but seeing a steady rise in holders shows that more people are buying the token, than those who are selling. if the amount of holders was decreasing, you'd know that people are selling and abandoning the project.
do you expect to get an unbiased opinion here or are you just flaunting your shiba wealth?
everyone has to make the decision that is best for themselves. i'm certainly holding.
nice. i bought all-in😁...sadly 50usd. now it is 25usd but still holding:). i wish i have more.
how do i buy in?
lmao... yes. i know. i am the guy that bought pizza with bitcoin back in 2010. it didnt matter i was mining over 1000 a day. you never know who you are talking to on these sites rofl.
thanks is it compatible with chase bank?
dude chill it’s a simple question. relax man. if you don’t have an answer for it’s ok.
same here, lost about ! still holding
buy while it is lower and you balance out faster as it goes up. 🙂
this is the *way*
provided that it will go up.
but what about now?
worth it to buy 4 mill right now?
dude!... now we are looking in to the 0.00007 !... this is going crazy... and there are no big news about shiba!... imagine if in the next days we get some big news (a country using it, robinhood using it, listed in more places, etc...)
today, in the world of crypto, bitcoin is the , ethereum is the ¢. i can totally imagine shiba inu as the crypto 50¢ piece.
let’s eat a zero this week!!!
i ❤️ this army! this group is so therapeutic 🐕
good job on all the positive reinforcement everyone! this cooperativeness is the human spirit manifesting to further out a common goal. hold and buy and burn. make the experts say, "wtf was that?!"
damn it ... everyone wants an upvote 🤣 ok just for shibu (my shiba inu dog's name)
its going to break .00007
i think we can say $.0001 today! yeah baby!!
what the hell happened you guys where's the support 🤣😹🤣
smashed that prediction haha
we’re so close to eat another zero
just do not sell!!!!!
so how about we just go for .0001?
it was 6 today many hours ago, peoples pockets are emptying. in 2 days its payday for most, so we can see another spike
every decimal place i buy 1000 usd more shiba
i have currently turned . got in at 0.39. if this baby keeps going drinks on me lads
at this point .00008 wya
i’m sitting 35 million strong!! who’s with me!
i'ma sell a mill of my savings at .007 as a tribute to the greatest film series of all time
were at 7 homeboy
🐕 🐕 🐕 trotting to 8
why you bringing up old shit?!? 😁
almost all platforms are glitching. hodl - don’t believe all the spikes and valleys. look at the general direction and wait for it.
i’m thisappear with that shmoney. i’m tired of my negative relationships. should’ve been kind to me when y’all had the chance 😭❤️‍🔥
holy cow i love shiba don’t stop bitch !!! keep going baby hell yea!! let’s kill 0
i’m thinking given robinhood financial results and the fact that 3rd quarter for them was significantly down in crypto trading compared to 2nd quarter that it’s inevitable that they list shib. they would be leaving waayyy too much money on the table if they didn’t.
please dont buy crypto on rh
i know for a fact we're getting that 6 today
i have alerts set for if it goes over 7 and 8. get it!
i will buy if it dips if it does not dip i would not
bought in last week. glad to be here. i ain’t selling till life changed. good luck friends!
i’m so happy that this post is now obsolete! 🐕😜🥰
anyone else’s coinbase not letting you buy more? it’s like there is a system error smh
coinbase is suddenly being slow
it’s passed that 0.00007 already
sold all my doge for shiba
i’m already up 10x but not selling, gotta have a few more 0s lol
just put my total to 1mil shib
let us do this baby 🚀🚀🚀🚀🚀🚀🚀🚀🛸🛸🛸🛰🛰🛰
i choose not to invest because of risk at .00001 😭
0.00006969 actually, look at the other post.
i think the question is can we hit 0.0001 today 😎
at a dollar we'll all be set for life🤞
let’s eat another zero today boys and girls!!! 😀
turns out that was too easy. time to hit .01
it went to .000088 bruh
i think we will touch the 0,0001 this night
some consolidation around the .8 mark would be nice before another big breakout!
losing a zero today.
i wanna be a thousandaire
is anyone else having issues login in to crypto.com
with the news articles tomorrow, even more people will buy in. hodl
if you bought yesterday, you'd already be looking at a 40 to 50% roi. the very interesting phenomena with instruments like this is the closer you get to 1c after starting at so small values like today's prices, the faster the liquidity & prices go up
was not today an all time high?
luckily fauci cannot get ahold of shiba
is it too late to invest
we need strong hands to hodl!!
hey , anyone else having issues with crypto.com
we really need coins to be burned. there is too much in circulation
no. its the whales. look at the ledger at what has just been bought
and i forgot to mention, i opened my coinbase account bc rh didn’t offer shib. so perfect example of rh losing market share due to not offering shib.
which day, the shib army is international crypto killers with 💎🙌
curious, why should not you "buy crypto" on robinhood? technically you're not buying it, anyway. soon rh will have crypto wallets, and i get the nyknyc concept... just curious why you should not use rh when it is so convenient, especially for the average retail investor?
when will the next dip be?
slow down i need more
on coinbase italready did for a second and then dipped.
i think this gain is too fast. theres already an article out that there will be a 25-35% dip as the coin is getting overvalued...the point we are at is already good. it wont hurt if we stay at this spot for a few days.
that way investors will gain confidence in the stability of this coin.
i think all the people move their investments to shiba inu. all coins going down.
its at the 6 now!
we're doin it bois!!!
bout in at .000026
bought in at .000020 and just enjoying the squiggly line😍
wooof its going up upupupupuppu
so blessed to be able to experience this shift of power with everyone ☺️
let us goooo bois
hold the line shiba will be right on time...
elon can have mars, we're headed to fucking jupiter
fuck jupiter we are going to uranus!
i'm guessing we lose a zero by this weekend. another zero after that when.
im waiting for a dip and put another 500 euros in it :d
for perspective, bitcoin is trading at 3-4% volume of market cap. shiba’s volume is 84%!!!! army strong 💎💎💎
once it is on robinhood we just need elon to tweet about it. and boom.
exchange it on mistake for just 5-6 €
i'm hoping to erase another zero soon
we can do it !
i only have 1.1m coins but i bought ’m sitting at
okay im genuinely scared now. i fear this coin will crash hard.
i guess we gotta stop being so low on ambition for this thing 😂
im getting icarus vibes.
welp it hit .00006663 that was a surprise this morning
would be great someone burns coin along the way to drive higher price
0.0001 new ath coming soon god willing
we can do it without elon too
just bought 40m more, clear moon landing
so close to .00007!
i remember having 6 billion shib and selling it for 90$
once it’s on robinhood it will already do 7-8x
got in doge late and was down overally. decided to switch to shib and everything is turning up roses.
it is probably too late to buy hey?
is it too late to buy? i have some but want more.
are we going to break $.00007?!
to the moon 🚀🚀
i hope we dont get to 0.00006 never ever
was told shib flipped doges coin market cap, what does that mean?
since i bought yesterday afternoon it’s already up 41%. doge to mars!
up 41% just from today
fridays gonna be a huge buy day
payday for everyone, dump
i heard new york fried chicken is taking shib for 4 wings and fries!
we got 0.000080 for a good 3 seconds, then 60 to 30 its at 60-70 ish
75 million need to get more!
this is really great! just hodl!!
my wife bought 670 million earlier this year...
i think so! 👍🏾💰
so, im wondering whats your prediction for this weekend?
13, mil. just holding
the strongest army , they dont sell thats why its atrong as fuck , dont need elon or whatsoever
do not sell . the goal is .01
please hold guys !!!
right now i’m sitting at 4,393,078 coins but i also got a job interview today with a place that’ll be paying me about 4 times what i’m used to so if i get the job starting with my first check i’ll probably start putting about
does anybody anticipate huge crash like dogecoin back in early this year??
yeah even i think it will crash like doge coin soon
i dont think a 35% crash is bad though
it is been going up fast.
no its having an uphill battle which is good.
i keep adding more money, instead of sitting on it
that's what i am so worried about. always fast up comes along with fast down
oh yeah, it broke 6
when do y’all think we’ll hit 0.01
and lol at the people saying can we break .00006 today?
can’t wait till everyone from doge comes to flock the real coin
well, we hit it. idk.
i see .0007 💪
yeah coinbase says 7402
we gotta get it to a dollar😎🤳
it is going up
i’d be happy with .01!
i'll suck you off if it hits that i could buy my mom brother and kids all a house and power it with solar at a dollar
i’ll shove all that money up my ass
fixing to dip everyone start buying
anyone here have mining rigs or just investors
i've been converting my mining profits to shib for the last couple weeks and will continue to do so untill it is no longer profitable
gonna start turning mining profit into shib too.
i wish i could get nicehash to pay out in shib
so close to 8
we need another 🐋 to come in and we'll hit 0.0001 by the end of the month at this rate
its past that already
what going on!? 😂
love my shiba inu army
we hit .000088 then dropped below 80 then back up to 81
we selling and buying again or holding?
shib just broke it
coinbase pro is down
yeah coinbase is down for me. we broke it? or are their servers located in an area with storm problems?
lol it 8 now
i just wet my pants
so we broke coinbase im guessing?
looks like it 😆
coinbase works for me but not coinbase pro. maby coibase is broken cuz my money is of the chart hehe
damn its dropping so far
rub my shib red rocket and make it grow even more
its going crazy right now
but coinbase didn’t let me trade then when i tried again it dropped to .000066 😭
yep guys are you keeping ?
lol wtf is happening rn
i hold for a portion. but i like to trade a percentage hehe
then comes the major dump, a lot will sell off at 0.0001
which is fine, honestly, we need to slow down a bit. steady growth so we can build support.
holding, would not sell, do not sell.
coinbase won’t let me buy more hahaha
we are almost to .00008
don’t sell it. spend it later when people start accepting it for payment.
imma buy strippers with shib
i'ma buy my family houses and start a foster home cause the ones i was in was shit and i think them kids deserve better
once it hit robin hood it will spike.
is robin hood another app
is it crashing too i just wanna buy more lmao
we have done it
where do you guys think it’ll settle so we can buy more?!
it is so cheap, buy now, before it hot 1 cent
buy on the down end, like now
we did already were past 7!!!!
wow is coin base blocking trades wtf!???
what the fuck is going on with coin base???
crashing is good. just means buying will be temporarily cheaper
take advantage of the downspike
cb won’t let me buy in the dip!! anyone else?
wait there are quizzes??!!
i see the quizzes
go to "learn and earn" there is usually little quizzes that will get you
spread the word. quiz up. free shiba.
it is being laggy at best
use a desktop or the actual website
coinbase won’t allow any trading of shib
i’ve shib on both crypto.com and coinbase. both are crashing. hodl and enjoy the fast ride as we climb to the moon.
fu k the moon. i meant mars
pretty sure we already did
putting my money where my mouth is when i say dogecoin killer. holding until shiba out performs doge. this dog will hunt.
one time i checked it was .000073 on crypto.com
it already is out performing doge lil
i cannot move any shib on coinbase either. though i'm still going to hodl
who is in leash and bone
it is called doge killer
will it dip so i can buy more?
news articles like to thismiss meme crypto as having no purpose. that's why i think shiba inu's nickname, dogecoin killer gives this crypto an edge. the nickname is the purpose. first, we gotta focus on knocking down some more zeros.
hopefully we can knock out 1 zero soon 🥺🙏🏼
we are 🚀 right now
coinbase down though won’t let me trade 🥲
i wanna buy more but it’s so expensive
is there any forums on here with a constant live chat ?
elon holds the same amount of shiba as he does grimes, none. shiba is not beholden to him as is doge...
so i can downvote of i think its not?
do we think it will surpass its last high and then drop off again? 0.0006? and then drop
should i still buy? or is it to late?
shiba is moving up so fast i predict .01 by end of nov. realistic???
i do my part by not selling
buy guys and not sell !! ^^
hodl the line troops, every man, woman and w.e you are or got and pet shiba is depending on you today and it will go down in history as the greatest turn of wealth, soon the gme and amc wallstreet boys will join monday...
we just passed doge market cap
shiba will be the 3rd largest crypto in 2 weeks max
please hodl guys, as a community we can knock out more zeros. all steady from here
we borked the market
to the moon shibu inu!
hit it and passed it!!
me and my fiancé just bought 2 mil
if anyone is having trouble with coinbase, i use bitmart. allows for auto sell. just need to convert to usdt first. can also transfer directly from coinbase pretty easily -
yes coinbase app was having issues all day
can’t reach anything more if you can’t buy because these apps are down.
we all the way up 🙌🏽
lol that aged well
yes it did very well
.000083 at dextools right now!
should i buy more lol
buy all you can and then some! lol
what do y’all think the chances are that shib reaches 1 cent? i am skeptical about a dollar but am glad i bought this at .00003 nonetheless
bro if you bought in this rocket fuel you will never lose your money
today’s high was .00008241, but dipping now. what would be a good price to buy more? is there a rule of thumb on buying the dip?
for it to get to .001 itd have to beat out bnb, itd dethrone eth if it gets to 0.1 so id say no, not in the foreseeable future at least
when it dips it dips a good 50% i’d wait until we get back down to .00004 to buy any more
this weekend we will see another bull run
13.6k investment is now 52k
we holding to q2-q3 of 2022
thats my "wen lambo" date
2 billion away from doge coin market cap
man if the dev team was serious about building its own blockchain
thing will go to neptune lol
also for all the folks being salty about marketcap, please follow the twitter account called "shibburn" he posts all the daily burns
and its a lot being burned
a fuck ton being burned
0.01 would be 1m for me 😮‍💨
lol i hope you get what you wish for
100% buy now. you would not see a retracement to this price. this is still an early bird investor market.
i want to see 999
i sale 10% every time it goes a point. started at .00005 then .00006 .00007 and then .00008. still have millions. i don’t think it will get to .01, sorry but i’ll take .001 all damn day!!!!
way above dude lmao
this is a great way to learn math
all these decimals, what is the actual amount of shiba currently
i do not doubt this will go well over 1c initially. great sell opportunities then. if you're a new investor today, ,500.00 will make you ,000,000.00 at 0.01
i’m looking forward to being the first millionaire in my bloodline. 😂
yeh man passed doge. now
to the moon! 🚀🚀🙏🙏🙏
we goin back up
plssss letsss do this
everyone should follow "shibburn" on twitter for daily burn updates
there’s a few shibburn. which one?
where can i find my average per token? currently sitting on 19.1m in coinbase
the crypto gods are smiling on shibu tonight let the 10.0001 come on people let us make it happen 10
the real question is can we eat another zero before breakfast??
we losing a zero ??
200t added to circulating supply. what is going on
doge tanked 69¢ keep an eye out for dips "funny numbers" since this is memes we're dealing with. expect people to sell numbers like .00069 or .0000420. when that happens we do what fighting game lingo calls "punish them" and buy those dips.
in aussie it’s reached 3 zeros lol
in canada it is at 0.00009 right now
i bought 11mil, can only one see that
baby food but i have mine staking for another 41 days i might need to cash this out if we get to 0.0005 today
hold the lines brothers
back up we go
i wanna see 0.0001 today! we were so close yesterday. looks like the market is leveling out. hopefully for another big rally!
ugh feel like this dip!!
it is up a bit finally
bro chill out lmao
don’t hate on me i own a slice of all crypto and tons of doge and shib. the initial concern with doge was its circulating amount and zero cap. there’s way way more shib. why are we so optimistic for gains? because of how new we are?
what kind of degenerate uses decimals instead of commas
i set 20% of my bag to sell at .0001 because i need to walk away with my initial investment and some profit. but i’ll keep the rest vested. let’s go!! 🚀🚀🚀
will suck when it resets and tanks a bit. i'm contemplating the same tho.
yes… shibas hungry! 😜
i have 2 as well… love them !!!
6 is past people!
nah (watch the prices soar just to spite me. :d)
that'll happen this weekend
interesting… my coinbase pro shows .00005990
omg i love that !!!
i no longer do since i opened my coinbase acct but the rumor that rh may offer shib is driving the rally.
i adore your confidence!!! 🥰🤗🐕🐾
but do you think we can reach .00006 today? if so i'll find a way to buy again
same here!!! i’m up about 8x
on there mobile app
theres been a burn implemented in the swap...as people utilize the swap a certain % is burned into the dead wallet
personal opinion. so in mine fuck no!!!!
it’s everything. i had issues on cb says i have an upper level null
yes the servers are overloaded cus every one trying to jump on the shiba train allegedly
here’s an article that highlights what happened with doge on their platform
we might be in it! 😜🤷‍♀️
yeah i see your point… i am still hoping to see 6 though…😜
elon can suck a nut. he has already said he is not interested in anymore meme coins and will only hurt us. he wants bitcoin which is slow and expensive. versus etherium based cryptos that have better structure. smh.
elon is a key factor, true
elon is a dumb piece of shit.
i know right?! pretty ahmazing day!
i am so sorry
i thought it might be too late yesterday when i converted some holdings over and that amount is up 40% in 24 hours. there is not really a lot of easy way of knowing when the current frenzy will abate. meme jokes aside, i think it is not too late if you can afford to lose it.
never too late!!! to mars!!
it means it will be a higher valued coin. right now doge was mid 20 billion and shiba was around low 20 billion earlier today if you take the amount of coins in circulation and times them by the price you’ll get the market cap. so it is quite literally the total value of the company.
is something happening friday? or you just thinking payday people will buy
i hope you still are hodling it!!
yeah i'm up like 400% and my base mining profits is 660% of cost so i'm super stoked
it’s a buying frenzy!
my coinbase crashed too
got my friends and family signed up for coinbase for the quizzes so they can use the free crypto to buy shiba
buy more than that if possible.
i'm talking about shiba being worth more than doge. example: shiba is 30¢ while doge is 25¢. if we wanna keep calling shiba the dogecoin killer than that should be our moon. our endgame.
i'm taking any drop i can get before shiba gets listed on robinhood
its never too late my friend
it took doge 5 years to hit 1 cent. i predict shiba can hit doge levels in half the time. so far shiba is 1 year old...
what do you believe the price projections will be in 2 weeks?
weren’t we 6 million away just 12 hours ago?? holy shit what a great day
went to .0008 thanks for the good wishes haha
the moon is whatever number dogecoin is sitting at, plus 1.
how do you burn shib coins? i’ve been watching some of the youtube playlists but are there other ways?
whither can i findeth mine own average per token? currently sitting on 19. 1m in coinbase *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i think it’s good market is leveling… hopefully this area is the new floor until we rally to a higher one !
i know right?! the slow steady climb is good imo.
ummm…...probably a multimillionaire. 🐕 still sending you shiba❤️! 😜
scratch that, the way this is going it will happen by tomorrow.
it would be nice.
also i should be clear; we are going to capture the flag! .00006 new floor.
perhaps it was on another sub. but we apparently just broke 0.00007 i'ma go look.
no doubt he is messing up the matkets, and is a manipulator. but a positive tweet from him would push shib even higher
he just tweeted couple days back supporting doge and hitting shib
i think that is supposed to say... 'fake' elon post. ;)
true but all he has to do is post a picture of his dog though.
why is everyone so upset elon has no shiba inu coins? who cares??? just keep loading up on them and make the coin rise. elon is actually a pretty awesome person from interviews of him that is i've seen. he does things with his wealth to help humanity.
i wish i had a dedicated rig, instead it is just my gaming pc, and i'm making an extra . but what the hell right?
when’s it meant to be listened on robin hood
we passed doge briefly earlier while i was at work
i believe its coded into the swap...as people use shibaswap a small % is sent to the dead wallet
thats what i'm hoping for as well. hoping robinhood will list shib as well as that will create a huge jump by itself.
it could. but if it does not happen sooner it will happen this weekend. big traders take notice of rising daily volume and stuff... we will become their playground
he should be banned from manipulating the markets the way he is able to. for one man to be able to crash, or raise, an entire anything is just too powerful to he allowed to do what he does. sure, there is free speech, but what he does is the moral equivalent of yelling fire in a crowded movie theater when all someone proverbially did was say 'excuse me' as they brushed by him with a coke and some popcorn.
i get paid thursday
robinhood board of executives had a meeting about it on tuesday. over 300k signatures on change.org robinhood made bookoo . my guess is either they will want a strong 4th quarter to finish 2021 or a strong 2022
that is very true.
what app are you guys buyin on?
i just buy the dip 60m adding on my 140m shiba inu coin 🌋
it might have already happened buyer beware.
buy shiba!!! we can do this as doge community together we will put shiba to 1c. the profit we put in to doge!!! to explode doge and send it to plutooo!!! shiba is now on binance and isnt even 0.00003. just as doge was in the beginning!!! gain and help doge explode with shiba profitss.
still early. we have a lot of fun left
puts money in and it slides down to hell nice
got in today. its not much but this community helped me make that decision. go shib!
lmao dfuq is happening
buy and hold ❤️
[supercharger on crypto.com ](
must not be that famous. 🙄
it would be cool if someone could just pump up to the market cap already, yeah that’d be great. mmmkay
i've seen that name before somewhere... edit: thought so! [joji - pretty boy (ft. lil yachty)](
where how in ny
where can i buy
if i make millions from this i’m going to diversify in each of the prominent cryptos and hold it for 5+ years str8! i’d be retired at just 28 years old. easy.
where do i buy ???
how can i find the real shiba inu coin on poocoins?
nevermind read earlier comments
have a link to follow up ?
who is this lady?
what song does he sang
called it just the other day glad it is getting traction from famous figures.
i heard the owner of this thing just sold all of his coins. is that true? like 8 billion?
your post made me buy a million more. 😎
shib was founded by some chinese guy ryoshi…they send 50% supply to one guy vitalik, bz (binance owner ) another chinese guy listed in binance to get all the short money diverge into it…this is all fu$&…i made my profit and getting out of it slowly
so there’s like trillions or quadrillion in supply. how in the world will it ever reach $.01??
i just found out a new shiba coin on bsc network. is it related? i just aped it. only 0.4mil marketcap.
got myself to 9.5mil now that my mrs is getting involved too
i think he’s the one who sings from the window to the wall. pretty decently popular rapper
crypto.com and binance has it
i got it on crypto.com . . 30m and holding 👌🏽
i buy on the trust app
shiba will never hit 1c because of the amount of supply. its market cap is not going to surpass bitcoin. it may eventually hit .01 cent but i doubt it will go further due to the sheer volume of coins available. still have my 9mil coins though. edit: the total supply is 1 quadrillion coins. that would mean the market cap would be at 10 trillion dollars (10x) that of bitcoin, if this were to hit 1 cent. simply not feasible, especially for a meme coin. i elaborated because my original comment was not backed with reason.
no this is about shiba not doge. doge has no utility it’s just a meme
that's when you double dip, do the splits and slap these tits. get more bro
that’s not lil nas x lol
11 million monthly listeners is pretty big
lmao do you live under a rock ?
lil yachty is one of the biggest in the world ☠️☠️☠️ he just made us millions, thank your shib overlord!
do you have a link to back that up?
even if it’s a racket that doesn’t mean you can’t make gains. just choose a conservative price point to exit at. you don’t have to hold till . .01 will be fine
"famous" rapper! he's the guy with cheeto hair from the sprite commercial.
the funniest part about this comment is that im genuinely unable to tell if you’re joking
wtf!! 😂😂😂this was the best post i’ve read on here today
best comment i’ve ever read
not trolling, i just don’t listen to that music enough to know who everybody is
if you're in the us you're gonna have to use crypto.com for now since binance us does not have it :/
am i the only one getting a monthly limit to buy shiba on crypto.com? any way to get around it?
market cap doesn’t mean shit in crypto. that same thing was said about btc it wouldn’t go over . and doge wouldn’t go over $.01. and the total supply is 1 quadrillion but 50% were given to vitalik so they are not in circulation. stop buzzing about market cap when that shit pertains to stocks not crypto. crypto market cap = circulating supply * last token transaction price. that is 500 trillion times whatever the last token was sold for (for ). crypto is much more in flux than the stock market is. token prices change second to second. thus market cap changes based on even a virally memetic interest of demand (like $). one can see how illusionary calculating any market cap in relation to crypto is. when a token can sell for , the entire market cap has increased with it. and since you can’t predict the token transaction cost you can’t predict the market cap either. this is why doge hit 0.70 and parrots like you are still using buzz words like “market cap” as if it means anything at all in the cryptocurrency world. market cap has nothing to do with price or value. it’s just a simple snapshot of transaction x supply. value or price can’t be derived from this because the value of currency is arbitrarily based on how many people buy into it. this is why btc exceeded projected initial market cap over time because the value didn’t increase, people willing to buy into it did, and that increased the cost of last transaction x the circulating supply. tldr: stop parroting around that buzzword “market cap”. it’s the first indication you have no clue what you’re talking about in relation to cryptocurrency. saying it a hundred times doesn’t make it actually mean anything.
thats what they said about doge
oke then tell me shiba's utility?
that was me. i did that.
just search it…i can’t share my chats with peeps (join dots with exact date of cz tweeting
i just hope everybody sets a exit mark every night...i am doing same
11 million monthly listeners on spotify
nope, try again. lil jon did produce it though.
y’all are cracking me up... lil’ sumpin i guess 😂
binance isn’t even available for me and i’m american, fuck binance
because if the price shifts by one decimal place (which it eventually will) you can increase your investment by 10x. doesn't mean it is ever possible for the coin to hit 1 cent. for that to happen it would have to be considered 10x more valuable than bitcoin currently is, which will never happen.
confirmed? and how will they burn it once it is in circulation?
you said market cap 9 times. i said it once. but the whole of this coin will never be collectively worth even 5 trillion dollars, that is an insane amount of money.
doge has way less supply. it's simple math.
i mean or you can just literally read the white paper
you did it wrong then. nothing happened
how😂😂😂, i’m nigerian and i just bought some
once shibaswap launches they will lock away an huge amount of the shiba inu token for people to stake. thats 1 ome who they get a nice amount out of circulation and the token burns also gets an huge amount out of circulation. when will it happen i dont know. but thats what they say on telegram.
doesn’t matter how many times i said it. you’re spreading misinformation when you don’t even know what it means or how it pertains to crypto. value isn’t set by any fluid market cap. truth is, you don’t know what the coin will be worth at all. at best you’re making uneducated guesses. you probably didn’t think doge would go over .01 either. and no one thought bitcoin would be worth . but don’t shill your guesses out as any sort of fact.
doge has infinite supply jesus stop talking
literally this. someone doesn’t even understand basic money magic. meaning the value of money itself is 0 and infinite. it only has the value that people themselves put into it. crypto is not a fiat currency with rates and value set by an entity. btc has a 60k value because of how many people were willing to pay the ever increasing price. same thing with doge, which is why it exceeded whatever market cap people said it couldn’t. bcs market cap is just circulating supply * the cost of last transaction token. meaning it can change within an hour if a token just simply goes viral. again like doge. wish these parrots would shut up already about “market cap”. it’s meaningless to crypto and indicates absolutely nothing at all. it’s literally just like taking a snapshot in a short window of time
technically yes but mining 10-12k coins a day still does not get you anywhere close to shib's supply for a long long time.
shib has a circulating supply of less than 500 trillion and decreasing. what are you even on about.
guys. it was listed on crypto.com and binance like a week ago. it's so early to say something about it. if crypto.com and binance thought it was worth for shiba to be listed in there, it means it has a future. be patient please and stop checking the graphs every 10 minutes. this is how it works, cryptocurrencies go up and down. leave it be and go do something else.
am i the only ape who bought more? i’m up to 2.7 mill rn
i am not buying now, i have enough of shib rn. kind of sad that devs twitter is quiet. i will hold to what i have, if the dip goes below 0.000008-07 i will drop a bit more money to secure but that will be my last buy, then i will just wait for news and either lose money or whatever but not selling. as hard as it is rn, it will get better since there are projects involved. just sad to see leaders of shib not learning anything from elon, how much 1 twit can do for the community, especially if we are worried and anxious...
can some of you stop being paper handed bitches and just keep on holding . this won’t work unless we all hold together
i do this everyday 😂
it's a long game man if the devs and vb do not rug us we will go 0.001 for sure .
i'm down like 1400 what's another thousand
just remove the app and forget about your coins . come one year later and you will see
pov:everyone in this group
slap yourselves where’s your faith? just hold and concentrate on investing in other alt coins! right now there’s a sale on btc and eth!! drive on you crazy sons a beeches...the whole coin market is down pretty much! stop expecting instant results! the exchange shibaswap is opening soon...more and more exchanges are selling... relax! i have 100 mill in this game!!...and i’m cool as a popsicle right now! stop worrying!!!!
that’s so cute. and, also us 😂😂😂
we're all hoping that was bottom fr... hopefully we back on track... pretty sure a bunch of these whales posting support sold off their shares...so best case scenario more legit holders jump on in big numbers then we're off to the moon.
i stopped checking like every other hour yesterday. it always happens when you least expect it.
just an fyi shiba has been listed in more places as well
buy and hold when dips buy more and hold !!!! bought 140 m and another 30 m today 🚀
shiba is down buy buy buy
the love for shiba is real♥️🚀💎🙌🏼
at least you didn’t buy 100m at 36 cents like me 🤣
think the devs just wanted to see how much money people would waist on it.
buy more shiba and hodl :d
hold!!!💪shib exchange launching soon price will skyrocket
i got diamond hands i hold no matter what
as it dip below .000017. i put in 100 eur. am i doing a mistake?
just throw a few hundred in and forget it until you see it all over the news again.
doge took a long time to pay off. be patient and just let it be. spread the word and wait 🤩🙌🏻
8000000 shiba and still buying
we need more promos on this coin
crypto.com would not accept my face for verification. so lame. i guess i'll watch you guys get rich.
just like me. :
i tell you if i was a whale right now...
bought at 000001014 sold at 00003
bought another 25 mil last night. these things don’t happen overnight. let’s get it!!
[i agree with this dude](
crypto con is a ripoff. get a real wallet. they dont even reflect the true price and their spread is worse than the guy selling dope on the corner.
i thought that drawing was a penis
it is a good sign(price is tanking)...wait for tour turn...its was weekend (profit taking day)...just wait for your turn army...
holding 272m. waiting for my retirement lol
yeah go for a year or two long walk or something. get outside and let your money do it’s thing. grow. the planting is done. watering is minimal (glance at price once in a while, you know, cuz we humans, can’t help ourselves) and in x amount of time from now, harvest! or hodl or whatever you want! it’s your world!
i’ll probably stop at 6m and wait it out 60k for a cent will have me buying plenty crypto
i hope it does something soon i’m down
theres noehrtr to go but down. whales will not get involved with shiba, without whales this coin will not get into dogecoin level. but i may be wrong too. if yoi hve some money left buy ada instead.
it kinda feels like a pump and dump scam. the money's been made by the right people and now it is dead
shiba is done i have no faith in this coin anymore
sold all my shib tokens (25 mil) and put that money into doge
this seems like a scam :/
shib is a dead meme🤣🤣🤣
hope exchanges delist doge and shiba go to the moon :d
i am new to cryptocurrency and i have a question. i’ve noticed a trend since i started following these last couple weeks, why is it that when one is on the decline the all seem to decline (at different percentages of course) then when one is on the rise, they all start rising (again at different percentages)…...why is that? is there a direct correlation between one coin and the others? thank you in advance
it is doing something... going down. t.t
keep adding until you get 100 million. you will see great movement. just don’t cash out all, just 10 percent. keep shiba inu growing!
hold for 6 months at least
buy amc while you wait
i’ll see you guys in a few months. then about 3 years. i’ve lost so much money in 2017 not understanding the power of patience and the long game. i’ve learned from my mistakes. even if it takes 3-4 years again...this time... i’ll be in position. just like you if you hodl. 💪🏽
i just got into the shiba cult yesterday. holding 67 mill...glad to be here with y'all
pay day is tuesday 🤪🤑🤪🤑
ive got 600 milly 🤑
poor market cap right now, so nothing moves
bought 7mill at 0.000030 🚀🚀🚀🚀
the course looks like a middle finger
i spent . i now have 52m shib. at one point it was worth . now its worth 'ing the rest. thoughts?
binance's indian exchange lists shiba inu coin.
most yall has less than 500.
😅🤣😂🤣😅🤣🤣 love this !! that's me every hour or two basically
😃😃😃 my worst habit
dogelon () coin is a better investment! it’s at .00000060. i have 6 billion shares and got in early. just sayin!!! keep you options open and stop looking at shiba every 10 mins... ! 🚀🚀💎💎
exactly. set alarm on some exciting number you'd like and forget about it.
yeah, like go shopping or something...
keep checking it! to buy the dips lol
being listing on a exchange does not mean it has a future, it only means at a certain point in time there is a demand but that demand can dry up as fast as a blink especially for this type of coins. i wish shib wakes up and rise again but let us not go over board with the hopeum and confirmation bias
to list in binance they have to be qualified in user demand, but if the coin have a potential they probably wont ask for a deposit, apparently binance overwhelmed with shiba inu deposit in ethereum hence the congestion couple of days ago
love the end of this lol go and do something else 🤣
just doubled up to 25m
i’ve been buying the dips i’m at 73m . 💎👐🏻🚀
350m. i guess i’m a dolphin
no... i’m at 7mil i’m in ’s not enough to worry about but it’s funny dream
i have 347k 😭🤔🤬😤 🐕💰💎🤲🏻🚀🌑
i had bought more at that 6 o’clock pump and by 6:05 i had lost more money lol
if it keeps dipping, i'm just gonna keep buying more until i have around 100 million coins.
thank you and yes!
honest question because before the vb donation i had so much faith in this coin, but, don’t you think the fact that’s it’s possible it could be rugged when we all thought we couldn’t, is what makes this coin so much more risky for so many people that think like this now?
exactly me at this point
almost . self taught investor.
people did that with oyster pearl and then it changed to opacity. they lost all their money because they didn’t know they had to make a swap. keep being involved and watching. edit:grammar
5-6 months dow or an year you think shiba will bounce back close to 0.1??? will it be accepted like doge was or is it done for???
still buying the dip and holding no matter what. some pessimists say delusional idgaf. lt. here reporting.
**down buy buy buy, shiba is.** *-everydayimhustlin11* *** ^(commands: 'opt out', 'delete')
shiba was 36 cents ?🤔
hahaha your funny 😆😄🤣 i like your attitude
i thought that too
where’d you find it when it was that cheap?
do you have any links on our to open a real wallet?
shib is going to be an exchange coin like the cro or bnb so hold it on an exchange... but a more trusted one like gate. heres my ref link if you use it then we both get a little bit of perks. i set up a bot in there yesterday when it hit the 1200’s and threw 100 at it... its up 450 today... not my only one but it is the best one going right now.
t's a valorous sign(price is tanking). wait f'r tour turn. its wast weekend (profit taking day). just wait f'r thy turn army *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i bought this on day one of crypto dot com, bought 8 mil, then my money tripled and i sold. it was 100% a pump and dump. i also tripled on doge and sold. i keep my money in solid projects now, like xlm and ada.
ye have little faith
bs? it's crypto did you expect to just get money for nothing? you win and lose if you're expecting to win everything this is not for you.
same with me bro, watched my mate turn £300 to £1100 in one after noon. so i put £500 into the dip and am now sitting at about £250. bs
speak for yourself, nobody knows how viable it is
so you can buy anytime because dipping all the time right now 😉
i’m fantasizing about it hitting .01 and being able to go to school
i’m already at 16 mil, either it will go to the moon or i will have a bunch of shib i forget about
i have 1.9 million lol
doesn't matter how much you own. we are all family at this point. just keep trying to add a little when you can. try to get to that million mark. shib will hit .
same, at 65mil now.
my goal too 😁
but if it keeps dipping and never goes up, you will loose it all.
paper hands are idiots and diamond hands are idiots as well... smart investor take actions based on probability not belief, no hope, no confirmation bias, not fud... right now the probability of vb dumping again is only high if shiba breaks new grounds... holding shib a bit longer and dumping before it get vb's attention again is the best likehood of success here... shiba is dead on the longer term. vb trauma, no one new will get in , only holders wishing to get back some of their losses are in. let your emotions aside and think cold.
this is gambling, not investing.
can you explain this? what's opacity?
it's not hitting 0.01 stop setting unrealistic targets. 0.00075 would make anyone with money in right now in a very comfortable position.
maybe he. 🙌🏻signs .36 let’s go
oops i meant to reply to you but its up there lol...
don't talk down to him like he did something wrong. as of now. this is all on vitalik
i have plenty of crypto just feel like i fell for a speculative pump by a rich guy
tough life in the 3rd world
holy hell man only need 8m to earn on crypto.com i have half of what's needed in doge to earn
suppose it is a good thing i'm willing to risk it.
yup that is a fact right here man .
i'm cool with it getting to 0.005 lol i only have 5mil shib
wrong, 0.01 is a realistic goal with right actions from devs and community support. 1 is not possible but awe are talking 0.01. it is possible, however, more likely to be 0.003-0.005 in a very good scenario
nah man you are lying to me , your from future.
i hope soo 🥳
there isn’t a way to put my current coins in the new wallet with out selling and rebuying right?
i'm not talking down just being realistic there is nothing bullshit about losing on an investment. if there was no risk we'd all be billionaires and people need to understand that risk is inherent
then wait for the next pump haha
hold till next pump xd
i'm not new to crypto but thanks
what you mean to earn?
but you can withdraw your shib from cryptocon to gate... just wait until you get completely verified... it takes a few days but its highly worth it. they had shib for a long time before crypto knew about it. and there are lots of others.
you have to get your shib wallet address from gate then add it as an authorized withdraw address on conjob site... they gonna charge ya a milli to withdraw or to convert to usd... xlm is the cheapest one to move between exchanges though... as far as monetary valuation.
he pretty much just said stop bitching. if you have been trading crypto for awhile, you would know the risks associated with it. a 250 dollar loss can quickly jump back and way more in an even shorter window of time.
appreciate your information thank you!!
yeah ok i was just letting the op know he is not alone get off my dick
you've been trading for like a day or two. stop expecting to get rich overnight. youll end up selling way too early and buying way too late to make anything with that attitude.
how do you know what i expect. like i said get off my dick tf
you expected to get rich overnight, otherwise you wouldn't have said it 3 messages ago. if you cannot take the heat, get out of the kitchen.
this is not a good idea. its going to crash the moment people think its peaking. what a way to get all the paper hands into a frenzy
fuck you. this is how many coins got dumped. give it time it will pump.
ohhhh...i seen an extra zero on this before i bought. whoops.
where do you buy it at?
you are a piece of shit. you’re gonna sell the moment noobs fomo in.
what will be the best strategy when there is a peek should i dump 25% and keep the rest or what?
that is a bad idea
and someone betrayed you by selling all of them at peak🥲
i would not make the same mistake twice... buying, accumulate and hold... lets gooo
it you have binance.us or cant buy shiba. use trust wallet thats work for me🇺🇸
i just bought another 7 million
crypto.com is the way to go
just bought another 10 million fam 🤟🏼
it doesn’t bring good publicity to the coin. we all want to make money but a publicly organized pump is going to show people exactly why not to buy crypto shitcoins
i just want to get a few million so i can buy more shib
no coordination, its not good
ive been buying hella personally, i used to be invest in a whole bunch of coins. now its all in shiba 😬
i have 20 mil that is going in a cold wallet for a couple years.
let’s not turn this into doge... let the coin run its course naturally
lets do it i got 10000000 bout to get more
set a date we'll do it bossman.
come on guys, let us pick a date and time (maybe a symbolic one) and alle purchase at the same time. som may want , som may want ... it's about buying at the same time and showing our strength en confidence in shiba inu. those who say it will deflatie once people pull out: i made the mistake of pulling out early on dogecoin, will not happen again!
there’s a scheduled event in tg... let’s hope it works
i know that it is going to go up. over a dollar in coming years
yo i cant find where to buy shiba and the swap fee is so expensive, can someone send me shiba coins for 30!!! 🙏🏻🌙
referral code use my referral link to sign up for crypto.com and we both get
i have already invested 300, and want more
yeah, all of yall do that, then ill dump and buy in lower.
currently holding 1 million. waiting to buy more
i was approved in two minutes.
bought . everyone do your part!
how can i buy the shiba coin, i’m located in america and it doesn’t appear on the binance.us app
i'm in! let's go!!!
the one that does not seem right to him is that he does not understand that the whales use us to win while we lose. this is the union the power to show that if we can and are stronger than them, as well as game stop and if you bet on failure
this coin is centralized crap, with 1 person holding 45% of the supply. that one person can dump on us more at any moment. facts... this is not going to the moon, do not get rekt kids.
and let’s stop calling it the dogekiller, trust me. this doesn’t help!!!!!
y’all need to be patient you’re going to ruin this before even has a chance
selling is for pussies. stay strong team.
what happened to the pump
if you think where to buy and hold akita inu gate.io offers bonuses for new regs (not working for us and canada)
what took us so long??!!!
lets buy. lets make an exact time and buy
the question is when 🤔
stop posting this shit. delete this post.
i totally agree. dont do this. if it suddenly peaks, hodlers who want to get out of it will cash out and we're left with what?
crypto.com will be your best bet buddy
my crypto.com verified in about 2 minutes
you can trade shibs via binance
why not make extra money? use this referral link to sign up for and we both get , every penny helps the pump :3
kucoin is the way
bought mine on crypto use my referral link to sign up for crypto.com and we both get :)
hold all you pussy!!
so don’t sell and buy the dips. what a oxymoron “it’ll go up after” what.
i guarantee you this will happen. this plan is myopic
exactly why i just got one
new york 6pm uk 11 pm berlin 12 am saturday dubai 2 am sat india 3.30 am sat sydney 8 am sat kuala lumpur 6 am sat
hey bro-dudes! can we give this plan a try? at exactly 1:00 pst, everyone on reddit is going to send a dick pic to my mother-in-law. ive pm'd you her email.
we’d be left with more tokens to buy at cheap 😀
still waiting for my approval for this stupid app...3 days
here is also a helpful ! use my referral link to sign up for crypto.com and we both get :) you do need to stake cro for a creditcard (which gives you amazing benefits) but that is something you can do later too!
i’ve got a friend telling me binance.us but i’m seeing a lot more crypto.com votes
i am having a hard time with crypto.com my fiat wallet hasn’t been approved in days! without it i can’t deposit into my bank account. it’s very frustrating.
ended up loading up both on my phone and binance isn’t available in texas for some reason, but cdc is
you’re giving people an opportunity to dump on a high, leaving you and everyone you convinced holding the bag. it happened with doge twice. it’ll happen again. slow and steady progression is what we need
and can i send it to my trust wallet?
there is a 14 hour delay fetching comments. i will be messaging you in 1 year on [**2022-05-14 22:32:45 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
don't be stupid. its going to make the token even more worthless in the eyes of new investors
use both of them guys. 50% here 50 there
yeah it’s a pain to use kinda confusing
it took me 3 days an i got it. it is annoying, binance is much quicker man. but it looks a little bit more complicated for new investors, but it’s also a lot faster then crypto as far as loading stats too
binance is way better in my experience
they approved me pretty much instantly lol took prolly 10 mins at most
it’s not on binance.us.
crypto.com is more easy to register, but i think is the same think.
i dont use too many apps, on my pc, but i trade on 5 different exchanges... plus pancake and uni.
yeah, i’m on four just trying to get these couple extra alt coins lol!
i’m sorry buddy. it’s a frustrating app .
you can only use binance.us
i agree! this happened twice with doge & it dropped a lot & took a while to go back up! after the first time, i learned my lesson. it will dip, theeennnn you can buy more lol
this is what the doge sub reddit doesn’t understand
you can send wherever i believe
yes, perhaps initially it will look worthless to investors, but so did the entire idea of cryptocurrency when it started. buy, hold, sell some for profit, pick up more when it drops, and someday it will be bigger than we imagined! :)
i was approved in 2 hrs
crypto usually verifies in 5 minutes. you must have had a hitch on your id.
can’t use binance in texas for some reason
can you please tell me how to buy in the usa?
not available on binance.us!
that’s the one i used, just doesn’t allow texas addresses.
no. it even says on crypto.com may take up to 2 business days. depends on traffic
the id was rather quick, it’s the currency, bank statement that’s slow. as far as i remember
kucoin.com or crypto.com, that’s for what i know or you can use matchayz to swap your coin at the best price
i have only begun to think about taxes. i’m guessing that capital gains taxes will apply on any gain realized in less than a year. fees vary depending on the exchange, and in some cases the token e.g. safemoon.
yup they have to apply or some shit.
yeah well, took me 5 min 🤷‍♂️
the bank is done by plaid so that should have only taken as long as it took to sign in.
doesn’t change that it’s taken days for others. i’m not sure what you’re trying to achieve here. congrats. if there’s an issue on the id it doesn’t continue to be pending, they let you know if somethings wrong as soon as it has gotten to them, it will be declined with a reason.
not necessarily, if you've ever tried to use their support you would know that they may do things without letting you know, because they arent required to. and i'm not trying to achieve anything, i was just talking and now you're acting like a dick a little bit.
i’ve used their support, the chat roughly on average takes 24 hours to hear anything back. i have investments in crypto and i support them. but they are slower than competitors. it’s just the truth. but they have the best layout imo.
“beware of the dog”
to the moon babe 🚀🚀🚀🤦‍♂️
he didn’t add his referral code lol
well played sir. well played
car upgrade will be well deserved once shiba reaches the moon 💪
we have to make sure he covers more territory. 🤙🏽
just not at centering
this is true big dick energy.
my warzone clan tag is shiba
0.00000725 15,000,000 i know in the scheme of things it is not much, but i finally own some shiba inu. i am rooting for the dogs!
“buy shiba inu , so i can afford license plates”
uggh it is a prius driver god i cannot stand getting stuck behind one lol but atleast this one is smart
sanshu inu to the moon 🔥🚀🚀🚀🚀🚀💎💎💎💰💰💰💰💼💼💼
where was this taken?
prius drivers are the worst, but go shiba
nice to see the riddler is a holder.
price is awesome right now
where’s his license plate tho
ya'll making me want another billion
trying really hard to figure out where in washington state this is
yes 💓 buy and hold
if we keep buying even for ... keep going guys we can all be rich !!!!!
do it please do
lmao... the real mvp
i'll buy more shib coin. i will sell 10% when it reach 0.01 just to retire and cover living costs. the way i see shib is getting to 0.01 in 1y from now at about 0.000009 . so do the math 10 thousand times more your investment today. amazing army. let's go shib army $$
when i started following shiba on crypto.com it was it is now 35 and escalating...i'm off this sinking ship...this guy is probably asking for help to bail out to...
except they driving a prius!
he already lost, just trying to get points because he’s driving a prius.
can i still buy shiba or is it too late?
could've at least centered it, my guy... sheesh.
obviously we are all either buying , trading or holding shiba tokens so why the mad rush to post advertisements on this forum about them . we should be geared more to talking about when something good is about to happen so that we can rejoice over it and and bang our champagne glasses together when we become millionaires !
uh oh, thats a prius. all prius owners are stupid
this is the way. please post pics.
how much does it cost? we can crowd fund.
graphic designer here shoot me a dm
glad i wasn’t the only one that noticed no referral code
truly a missed opportunity
it’s a new car. i blurred out the temporary plate on the window haha
lmfao ded af 😂👌
people like you made no sense to me when i had a prius lol. id be going 15 over the speed limit and people would stlll be on my ass 😆 (mostly big trucks, driven by men with small...minds???...) car was zippy af too. really enjoyed it while it lasted.
if it drives, it drives 🤷🏻‍♂️
my guess is bellevue, washington.
in the window. i blurred it.
probably somewhere in the bothell
a car is a car imo 🤷🏻‍♂️
he is hodling for his tesla
more money saved for shiba 🤷🏻‍♂️what’s the concern here?
go look at the chart online. it’s in a mad dip. no. it’s not too late
you do get that advertising the coin is meant to inform people about it so they buy it, the value goes up, and our money inflates, right? i saw this, it brightened my day, and i felt like others would care to see the hype of another holder, as well. because the rest of us understand that this type of thing is somebody doing their part to make this shit take off. ya know?
so he bought a new car instead of more shiba inu. omg unreal.
so there is a chance he bought the car with the sticker already on. rip.
lol your a rare type the ones i get stuck behind do 15 under lol
that’s kinda what i figured. based off the cross street i was thinking shoreline area. awesome to see in washington!
absolutely !, but in clarity what i was saying is we do not need to inform each other about as we already know . passing the word to others is paramount . i push shiba towards everyone i know in hopes that a) they will be interested enough to get involved and buy, b) that they will be savy enough to know this is the direction the world is going ,and c) build their own portfolio of wealth. i have invested probably what would equate to an average persons months salary into shib your darn right i want it to take off
nah, he rolled down his window and got all hyped about me taking this pic actually. fair to say it was his doing.
if anything, you could probably wait another week, to a month if you wanna make sure you do not lose any money. but the best thing to do is drop small amounts over time.
you missed my point but 🤷🏻‍♂️
yeah, i noticed after commenting he had his hand out and a plushy
shib at 47.3 % done my part. shib to the moon
damn i bought 110mil shib and felt hefty! do it to it my guys!!!!
we’re going to be good either way
let’s get it boys
literally hold all those coins
45% between doge and shib
one more vote add
done mine as well
shib or get off the pot!!!!
i did my part!💎
done, shib currently winning at 49%! safemoon not far behind at 43%, so everybody go vote!! ass with 8% lol.
yes sir done deal!
vote shib shib i have already vote. shiba to rhe moon. this is the people coin
i did my part also. shib to the moon. shib to the moon before doge. let do it. yes we can. the people is the power
shib to the moon. yes we can. the coin of the people. let buy and hold. hold please
let's do it right now. vote shib. vote shib
lets do it right now. vote shiba inu
voted. shiba to the moon!!! 🚀🚀🚀
finally my vote counts for something
shiba is on sale right now . it’s only gonna go up . just voted
done! to the moon!!!!
i voted! let's go shibarmy! 💎✋🚀🌛
i did my part.
please check out the wife explaining rsi and how we can use it to dollar cost average into shiba!! trading indicator crypto
shiiiiiiiiiibbbbb. buy hold buy hold buy hold!!!!!
just waiting for shibaswap to save my ass 😴
i do not have twitter but shiba ibu coin all the way!!
i did my part ,but i can do more...
done! shib to the moon!
4 days left to vote!
i actually feel sorry for all of you. banking on this coin to make your retirement when it’s literally useless. elon already had his fun with your investment. screenshot this and repost it when you make any kind of gain. you’re a massive group of clowns. if entering and bitcoin can’t stay up your shiba inu dog coin won’t do jack shit. post me any kind of dd that will change my mind. i have a funny feeling i’ll be waiting a while 😂😂😂😂😂😅😅😅😅🤣💩💩💩💩💩💩💩
please remove this, we don’t need this negative marketing
my deep condolences with that guy
i did mine as well
yep, safemoon and shib are currently a draw at 45.4%! please vote for shib, could mean big movements!
lmao did you make an account just to make this comment? who's the real clown?
please don’t eat your own excrement
shiba is ahead now at 47%
haha i was thinking the same thing op. like these guys can’t even do a google search. talk about throwing good money after bad. here fanboi’s learn how you have been duped:
hahaha i literally just replied using my reddit app didn’t create an account i think the examplebasic username is some kind of guest placeholder but i truly pity all of you. just get a better job, don’t sell yourselves short by believing that this is your big break. it really, really, really isn’t.
you're just hating to hate, not everyone on here thinks this is gonna be their "big break"
still waiting on the dd tho 🤷‍♂️
my , along with my free coinbase coins transferred to shib has now amounted to + this is the most gains i have made in any crypto, and i’m here for the long haul!!!
gonna buy more when it dips
pretty new to crypto and my buddy told me to throw a , wow am i glad i did
i’m only at 5k profits but this is my 401 k
good morning my shiba inu brothers and sisters. what a night.
buy the dip whenever you can be smart and hodl
this our chance. i missed btc and all the other currencies, i can’t allow myself to have the same scenario with shiba.
going to the fcking moon! whos coming??
i’m waiting for the dip to trade 1000 dollars of another coin into shiba.
hoping that it drops so i can buy more, will convert some of my other crypto as well
shiba inu ranking no 13 in the market
new ath!! letsss gooo! hodl
only stupid ppl sell when it’s rising so high
i realize i invested .11 of random left over settled . it isn’t a lot but if it hits .05 i have over ,000. ...50 is like ,000 and .75 beating doges all time high of .71. is ,150 half a million dollars off .11 (lucky #! :b) let that sink in. a . let alone hundreds
all good. we all believe its gonna drop 0s so now its the tine to buy. not when the 0s drop
i’ve made a 5x profit so far. i watch the market cap more than the price. when i started it was around . we now have an additional . it’s crazy.
i bought a month ago at .000007. one month it’s at .00004!! let’s ride the wave!!!
yeah it usually goes up at the end of the month that’s the trend
yes... dips are part of it :)
im fairly convinced that whenever there are 2 aths a day, someone is purposely trying to cause an avalanche.
i just bought more, f the "dip"!
i’m in for the long haul!! live and die by the shiba!!
i bought more last night!
possible reward for holding far outweighs the risk of not.
hold! to all you sellers out there let it go!!! you’ll make a lot more wealth! there’s no real lasting wealth at theses present points. you whales… let everybody else get to where they can make money to and waite!! step cash out completely or stay in with the rest of us and get filthy stinking rich together!!!!!
absolutely. be ready. some will see money in their accounts like they have never seen. be strong. we all want financial freedom. not a few hundred bucks. and yes. i speak from experience. early btc paper hand and early doge paper hands. but today!!! diamond 💎 hands 🙌 only
i actually bought a lot more today, man this fomo
mine are still locked up so whatever lol
i bought roughly 7 million at 0.00002 and 8 mil at 0.000008 and i'm now sitting at , not bad for about if it does dip tomorrow i'm going to buy another
buying more if it dips — this shit to the moon bro
im holding for the dip. my sunday shib buy was for less than 500k shibe i wanted to hit 10mil shib but man its gonna be spendy now. major fomo syndrome wosh i has remebered to buy more during the week.
when it drops buy buy buy
we had to sell from 34 million to 10 million duo to some unexpected financial issues but my wife and i plan on throwing both our christmas bonuses into this as well as continuing to buy in as much as we can.
i'll sell when i have enough money to fly a private jet to bill gates house and beat the shit out of him.
elon musk is on youtube right now live with jack dorsey and cathie wood! they are doing a promotion with shibaget.com. it appears there is going to be a big burn soon. apparently robin hood is going to list it soon. don’t sell! hodl and stake that !!!!
why would it dip?!
yeah i cannot wait for it :d
i’m praying it does so i can buy the dip 😂
key words in your post are “just hodl!”
i think the price if it drops showing level off in the 3’s hope it goes up higher so it can level off in the 4.
just bought 30 mil, not selling until we reach the moon.
it'll dip a little, but not much. once it levels out, it will remain that way for a week or so, then it will start a breakout again. don't panic is right! so, do not panic!!
what if it doesn’t drop and it keeps going higher (x files music plays)
if anything buy more it’s on its way up when it dips buy even more a penny is nice but let’s dream big i was holding 235 million bought 15 million last night to help out now up 4,120.00
buy the fucking dip when it happens
i’m in for 11.4 million. should i anticipate a dip to buy more? how much should i look to have?? new to this. sorry!
exactly. a drop is to be expected.
any advice on the dip we are waiting for? i was think if it drops below 000022.
yes, hold the line
i will check back in 2022
mike burry you can kiss my ass! '
the hell with holding. i’m continuing to buy!
immune to dips at this moment with my shares since 8.01 battle 💎✊🏼😎
keep holding and wait for robinhood list it. dont sell it now please whales
i bought ath back in april i think, after the first hype, then after the may june crash , i kept averaging down from 20 m to 145 million . if i had bought back in march i would have been a millionaire lol oh well
lets fucking hold mutherfukes until we reach a penny... let's go
how high can this coin go? i’m hodl but what should be a goal to start selling?
i'm holding for some real money i see millions coming
hopefully even the small time holders make out good
i hope it does drop tomorrow preferably a massive drop so i can cop some more
facts i anticipate it’ll level off by wed in the 3’s maybe go low as of 3500 then climb its way back up and level off.
i buying more as we speak i don’t care if goes and down i am holding .
i’m waiting for this drop! after this drop i will never fully sell out again! lesson learned! i sold at 3400 and gained ’m going all in i’m price drop i think this is what i’m going to do from now on indefinitely
deposited 100 last night and went up to 120 this morning. made a 20 dollar profit in less than 24 hours.
i convert the gains to btc and then convert back to shib when it dips. dont know if best way but it has helped me. i dont know much about staking either.
to quote jeffery lebowski, “yeah, well like that’s your opinion man!” -😂👍
either way is a win
when they start selling, you start buying. don’t give them an incentive to dump it.
would be insane if i had my shib still... had my bag stolen from my meta mask... 2000k+ in profit gone, ruff
or drops today lol
i’m not selling until .01.
hold and buy more when it dips. why would you sell unless your making bank. you'll wish you held when they get it to 1 penny or more. it's def not going anywhere. why pay more tax on chump change
got in a month and a half ago. i did not expect much. i was wrong in the best possible way. great community here too. has been a fun ride. let's enjoy it folks.
so does that music streaming to burn shiba actually work or was it all a scam ?
keep holding and we will all win!
buy during a dip or stable period, do not give into fomo
just got 3 people to start investing in the shib
my millions and i are going nowhere until it’s real millions!
i'm buying with no dip and if it does dip then definitely buy some more
looks like the new floor is 3500
who are you and why are you so wise in the ways of the hodling?
hold strong shib brothers and sisters! nothing will stop us until we reach the moooooon! 🚀🌜
wouldnt it be smart to take profits and then buy more when it drops with the profits you make
what's a realistic price point? i got in around the 23 mark, what kind of escort strategies you guys got?
stop selling and hold !!!!!!!!!!
i can see this doubling ath in a matter of a few weeks
dips are normal as long as we are higher low than previous dipd. which seems to be the case , this allows for higher hights
i want it to dip so i can but more then when i but more this increases the price
exactly we will have a correction and this will be just on of many on our shiba adventure good luck
i’ve hit my coinbase app so many times today the police are going to arrest me for assault and battery!
in for a penny in for a pound. hloding for .00
hold,buy more and stake.i will see how things will go this week and i will put another 100€
wish that i bought more 🤦🏻‍♂️ only have 1 million
too late. panicked when it started and now the train is gone. from 300 mil to 100 mil 🤕
i want the dip.
do you know if shib made customs for halloween because that would be my favorite costume
shib sucks it always drops after a pump. so never gains much therefore it is a dookie coin
i’m a little over 613% gained.
so i put in … what should my plan be! buy when it dips again? and just continue to hold till we get to 1 cent? what happens at 1 cent how do we catch that price and know when to sell it’s so nerve wrecking!! what’s the best way to ensure i get to sell everything by 1 cent mark? i am on coinbase
it was at .000008 when i bought some. my coworker told me he invested 40k into it way before that. he’s pretty much near half a million in shib right now. i wish i had invested more than a hundred dollars
aight i’m in…first crytpo buy ?
my , is now over 5k...
its the best return i have ever seen thus far. 2k to 15k and will hold all!!!!
i have literally the exact same experience. thanks coinbase!
my .4k! it was 3k last month tho but coinbase was selling it inflated and i got fucked. still cant be mad seeing how in a month im back up 50%. non option for me but to hold but i’m buying more. selling mad shit from my street wear collection to stack up more shib. currently holding 32.4 milly booii
my 300, this is epic
my 50’m holding i advise everyone to do the sam …… hold!!!!
better hurry. i’ve seen this pattern with dodge when it was below these same point on robbin and within three weeks it was a penny!
i just bought 300k more 🚀 💎 🙌
how can you buy the dip ? when your initial buy of 1 billion was 8 time lower
i have bought more with the dip. the pump was too powerful today to be nothing. we are going to the moon 🚀🚀🚀
why ?it’s not gonna... gogogogogog
a dip? geez it’s pretty low now. just buy
125 here about 2 weeks ago. doubled already :)
looks like your panicked
just hold! we saw this with dodge! it did the same thing when it was at this point last year. shib is further ahead. soon as it’s listed on robinhood it’s the point of no return. don’t jump ship!
me too, got on the bus at the beginning of the ride. 23, 000, 000 and loving each and every one of them. my babies :)
sorry dude. im going to mars
me too. honestly im about to now
better not wait too long . . . price is up again today!
i just converted 1k of dot to shiba. rather do it now than when a 0 drops
actually, only stupid people do not sell on the way up and buy on the way down.
i will not sell until we see a few more 0’s come off
my guy i hate to tell you this but shibs not reaching 11 bucks, hold out for the 0.01 tho for sure, i think the general consensus is it will reach it at some point
of course. but with each rise the floor rises
yah just bought 1000
i also bought at .000008 it’s just crazy now that my ,200… don’t need the money and will sit and see what happens
you had an emergency, so it was only right that you had to sell. don’t regret it. the purpose of “investing” is to have money for a rainy day. there’s no point if you couldn’t access it in time of need.
that 24 million was worth 🤖
crypto always does. but the floor keeps rising.
the nature of the crypto beast, just browse every crypto’s timeline and it’ll be plain to see.
bc that’s what happens…
for most altcoins - they hit peaks, then drop 75-90% and essentially sit there for the rest of time. the question is, what is the peak and what is the bottom?
i picked up another 27 mil. im not waiting for a 0 to drop.
39mil here 1 week ago. the moon is the way
only “invest” what you can afford to lose. it will dip after a run, buy what you can then. look at the 30 day chart, not the 24-hour, to see the pattern.
been holding since may. shiba is not my first rodeo.
no it does not unless you r a whale buying up millions of dollars worth. holding and buying when it reaches a new floor is the way
i wanteth t to dip so i can but moo then at which hour i but moo this increases the price *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
its a start. just hold and buy when you can
just hold and buy when you can
yea about the same price for me. bought 138,000,999 coins.
gg dude! i have a christmas bonus coming and plan on throwing ! good luck, matey!
i’ve got 4k on 850.
take those lessons and trade those bad bois in!! edit: happy cake day!!!!
we’ll it’s good to know shi isn’t even a penny! 😂
there is rumor of shib being available on rh next month.
knowing that the prices will increase drastically should be enough reason for you to want to buy every dip bro
if you don’t mind me asking , how much are you up by on your initial investment ? i kick myself in the ass everyday for not buying 1k in january
once i see red*
honestly if you (and i mean anyone) sticks with crypto for the longevity, you will come out with a ton of money
i staked 75 million just before the rise, made a nice chunk in interest and extra shib. plus no temptation to sell.
i’m off mars and onto phobos before we head to…...erm…...*whispers* whats the next planet????
buy when it’s low. trust me you’ll get more coins it will go back down again. then it will go back up.
well if expect more worth to your coin you gotta hold
don't think you read his post.
i said i put at .01 it can be ,500 .05 or .10 i forgot. ,000 .75 breaking doge all time high. ,000 off of i never said it’ll hit 11 lol
sorry. i was incorrect. at current we are over .
as long as there is a net improvement, im fine with whatever happens.
i chose to get my daughter some medicine. worth more to me than 240k
not to mention buying right now instead of waiting for the dip will only help the community and value of the coin. it will maintain more momentum for gains.
i hear rh has no reason to rush to have shib listed as they’re restructuring their wallet. so the person was forecasting january 2022. don’t know how solid this is. i’m just regurgitating information i read on another sub.
250% since october 5th
300% i think i’ll just buy some more though it’s not going back down below 3
this is the way. hold the shib
or you make bad decisions, buy at peak prices, panic sell low, and lose 50% of your investment like a lot of people who are used to stocks. crypto is not free money, you need the right mentality and you need to know what you're getting into.
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **70694** times. **3.** `u-poem-533` **24436** times. ... **2218.** `u-actual` **28** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
what is staking and how do you do it?
same broski. staking my 70 mil
where are you staking shiba?
alpha centauri. our neighboring galaxy
when is low with this coin? 0.000030 vs 0.000035 cs 0.00004? not a big difference when you r thinking long-term. now if it drops to 0.00002 thats kind of different.
when do you think it will it go low?
tell me, how is the coin thistribution? as in, how much of the total shiba is held by the top 10 addresses? i think you'll find that the value of the coin is dictated by these people. shibs can throw , but if someone holding 1tn tokens decides they are taking your money, there is nothing you can do to stop the collapse.
an increase of x billion of market cap does not mean that much money entered the system.
fly into mexico then cross the border illegally. it’s all free then…
makes sense for rh
people were posting on a shiba lounge saying it would go live on 26 of oct can some one confirm?
your actually right on. this is becoming the consistent forecast in many financial firms
shibs ggetting posted on robinhood
can’t wait to share galactic piña colada‘s with the greys!
i’ll be happy to transfer when it dips below 0.000035 if it it doesn’t dip to that low i’ll be happy that it’s maintaining it then i’ll buy when it’s at that low but that’s my preference. either way the most important thing is to hold on cause this shit will take off and when it doesn’t people who pulled out will regret it. i’m not gonna let that happen again
when i got in. . we are over . that is quite significant
yup i know, but it just hurts to see progress lost... whatever hodling for 10 yrs coz thats the time itll take to get to 0.01
i’m holding until it hits .25
the greys should embrace us if we are not hostile lol
okay, but that does not mean 9bn dollars bought shiba, just that the price doubled.
you don’t understand how this works so you?
i do not see any other news outlet talking about it, they do not list a source of the information, and the rest of the article is littered with buzzwords and nonsense questions ("will shiba hit ?" no, the answer is no, it will not any time remotely soon, even .01 is a very very lofty goal any time soon). almost 100% positive that the article was created to make artifical hype in the community and raise the price more.
oh i very much understand how this works. if you think 9bn entered the market it is clear you're the one who does not understand. mcap = last sale price * total # of coins. perhaps you can figure it out from there.
you’re probably right. i just googled it and that’s what popped up.
you thinking many multiple billions in the market that wasn’t there before doesn’t mean much shows how ignorant you are on this.
no, the fact you think it does shows how ignorant you are on how this works - do you want me to walk you through it so you're a little more educated on the topic than you are now?
lolololol. go to bed little boy. it’s a school night.
so you do not want some help not looking like a total moron to anyone who's managed to graduate from highschool?
i’d leave it alone, bigglesworth doesnt want to get it
you graduated high school? awesome
i think you're right. good advice.
i did, and post secondary. pretty clear you're not able to say the same, sad.
bs in comp sci nublet. what else you wanna be wrong about today?
more like bs in dumbass, as evidenced by the conversation thus far.
it’s great that you can admit that you are the one with a problem.
i see reading comprehension is not one of your strengths either. you poor soul.
you wouldn’t speak i’ll of yourself. go see a therapist.
i speak ill of myself all the time because i'm human and there is always ways to improve. now you're just digging holes trying to sound like you've got at least one neuron firing but failing miserably. you seem like the type of person who needs to have the last word, so go ahead - i'll let you have it.
lol last word. passive aggressive much. i’m sure you are the kind that likes to have the last word. i’ll leave you to it.
yeah a . lol
holy fuck i’m sitting here with 2 mil proud of myself
shiba to the fuckin sun
finally back on my shiba-billionaire status!
i just wanna know how y’all got
if you deposit that in crypto earn, you will gain 390,000 shib every 7 days. hold!
lol, lesgo! shiba to the moon!!!!
my bank was blocking a . i'm kinda salty about that.😭
well shit! here i was proud to get 1 mil lol
holy fuck i only have 50m 😂
damn making me jelly dude
fuck that is hot. you going to stake it??
we need a huge burn off the shiba team needs to stop playing with these small scale burn offs total crap man 🧐
better secure that account!
damn on 10 million
i just got scammed using trust wallet so i’m here to say don’t give out your purses smdh!! they ducked everything out of it!!
a b? 5m here
upvoted all prior posts for hodling. thanks all for supporting the community grow. i hope you all retire with deep pockets one day.
imagine when its easy to buy!
i got 11 milli...you ballin out
im in 25k lets goooo
can i have the .38? 😂 congrats on the purchase. i hope we all win big!
you sir, are a g
for sure a 60k profit when it hit robbin hood we will eat another 0
i’ve got 1.5 million let’s all dream
congrats i sold doge and was an og don’t feel bad. shib to the moon 🚀🚀🚀🚀
much respect boss. you are a legend. shiba inu coin proof of stake goodness to the moon
baby dodge coin is another coin to look out for after shiba, its worth nothing right now but it is growing like a mf, so every one should also invest into that to get the ball rolling.
i got 150mil is that good?
to have ! i messed up somewhere in life! my teeth being fixed will cost around ! let’s go to the 🌙.
whwn moon sir hahahaha
i shouldve bought another couple grand when it was at .000007 i bought like was nuts currently holding about half a bill
to the moon now it time to hold the line and buy more to be debt free
i brought some months ago and got 3.8 million worth
you are a true savage, much respect
200 mil shiba and holding for a 1cent
i wish you all the best sir, i only paid 2.8k aud for 1.1b back then 😄😄
welcome to the billionaire club baby. let's go
i'm sitting at 937 milliom shares. i myself put in 25k. lessssgo bro
102 million and holding
been staking>38billions till march.
impressive. i'm sitting on 7 million myself. nothing that'll make me rich, but hopefully a decent profit for myself in the long-term :)
congratulations! ...as for the banks... get yourself a gemini! add your security pin and your good to go!
bet you’re really happy about that now!
even like your u!
hello fellow shibillionaire! welcome to the billy club. i have a few more million coins 🪙 than you… 🙃 (see my post…)
aiko is not even launched yet, but hype is crazy
655 mil shibas purchased, ready for lift off 🚀
now you should burn it 😜😂🤑👍
bro i bought 2.7billion with 300.7million eith just 2
what did they stop the transaction?
do you keep it in the exchange or transfer to a hardware wallet? i’m having trouble transferring because the fees seem ridiculous.
dang man. good pot you got there. nice work
this is the way. i'm only at 100m right now, but hoping for another dip to get closer to the billi club.
just wondering why not buy at 000007 ?
sitting on 67 million shib
really? i bought around the same and there was no hoops
brass ones brother, but holy crap that can be the best retirement party ever. cocaine and hookers for everyone.
let's hope it goes up cause dammm
i thought i was doing good at 35 mil.
well considering there’s a maximum amount you can deposit at a time i’m not sure how authentic this is. but anyways the pump is over
funny the banks do not want to part with your money...
lets gooooo!!! i got 10.4 mil and adding little by little when i got some spare chnage!! lets get shiba to the cents or close to !!!!
if you’re holding long term, bury. it’ll help raise the price up and you get rewarded.
that .38 if ducking with my ocd…. sell that shit.
wow good deal. i have 384 mil as of now.
i just cannot with this :) how fun though
shoulda dollar cost averaged lol
just in case anyone does not know and cares shiba inu coin was born of evil, created as "the doge killer". doge, who's moto is do only good everyday has been involved with many charity projects. it also has constantly increasing celebrity support, strong development support, and by most metrics a much higher chance of not being a flash in the pan like shib coin.
unless someone is sending there coins to a dead wallet...shiba is earth stuck.
but are you willing to lose ,870.00usd?...
there’s gotta be atleast 3.5 trilllion or more circulating to support 0.1 for this pup. do we have enough money in the world to make this happen?
jesus, i hope this isn’t a yolo and you can afford to lose it
awesome 👏 keep setting the pace!
all crypto is green except shib , what's going on?
ooooh that’s a frivolous investment
*** update. the matter has been rectified. the bank did find the deposit and i was told it was rejected because it had an incorrect account number. what?! makes absolutely no sense since it is part of my crytpo com profile and has been used so many previous times for withdrawals. the number has not changed in 20 years. that aside, im glad its been rectified but am concerned over what was clearly at minimum a lack of information. however, in putting the pieces together, it would be more likely a bank error in it because of the timing and the merger of 2 banks. mine being one of them and their systems merging officially last weekend. (this information was not provided to me as a reason, im just making an assumption.) i wish there more integrity existed and much less passing the buck when errors occur. i would give my business to a company willing to own up to their own errors in a heartbeat. (see update above) wait until you try to take a withdrawal. mine has been lost in cyberspace and neither crypto.com or my bank seems to be able to fix it. i just needed a little cash, now i have neither shib or cash. extremely aggravated at the moment. my bank has reassured me that nothing was transferred to them yet my crypto.com account shows deposit to my checking complete. this is getting worrisome. 10 days waiting so far
he felt the dip lol. ape it out
give me some bro, please i need this coin
where did you buy from? my binance isn’t working in uk
and i thought 30mil was enough...
did you buy in at the recent dip? falling like a meteor.
shibs going down down down
up up and away!
how much does that .38 bother you?
when i bought my first 10m after the decline the bank called
be careful with shibget.com, there are fraudulent viral videos running with elon mask. i fell for it. on the side there are possibilities to get more shibas through an alleged project, it is a fraud. you are welcome to send me a few shibas as a thank you to warn you and to cover my loss. thanks to the compassionate ones and be careful. (bep20).
the way the has just shot back proves why you cannot listen to shiba haters. mute the noise, stay calm and hold!!!
where are all the haters at from this post that i made 9 days ago? you all are mighty silent as i sit on my ,000 profit. this is why it is not good to hate!
this might hurt soon. buy the hype. sell the news.
what's that saying about a fool and his money?
steel balls!!! i salute you shib-bro!!!!😎 i have 250 mil coins…...let’s knock off another zero!!!!
good luck with that. would have spent it on boost coin…. boostco.in
every bit counts, not all of us will reach the billions but im comfy at 14 mil and just slowly adding
is 90 million coins considered alot or alittle? i have no idea what i'm doing.
i am proud of you
hopefully we hit a million by december
i'm aiming for uranus!
to infinity and beyond
don't fly to close though. might get charred.
i’m aiming for pluto
did you sell before?
1,22b we will crash and burn together!! ha ha!
i work hard. 😂
stack stack stack takes thiscipline to save
meaning no thisrespect to the op, but that is not a lot of money and the bank will earn a respectable interest on it, i’m sure. it also helps if you own a home.
how does crypto earn work? have not heard of it?
how do i do this? i have about half a bill just sitting on my coinbase right now
need a new bank. why did they block it?
i'm not new to this and i do not invest what i cannot afford to lose.
what happen if he didn’t transfer to hard drive, i mean if he just secure his phone and store his coins just on the crypto. com app, how is the risk? in short , can you tell us the risk? would you store your crypto just in their app? i know the app is hot wallet, but the hard drive is cold wallet which is impossible to hack,
wow. yeah i've been doing this for a long time. i do not give anything out. good information though.
i got scammed by trust wallet out of 1 trillion tokens of baby doge i feel so bad about that trust while it also sucked up all my bnb funds at the same time
and i'm a girl...i do not have balls. 😂
don’t know if i should just go all in or 50…
i had about 250,000,000 when it was at 000007.
so did i and then i sold. and it is mam.
and it is mam. ☺️
thanks for the award
yeah, i've seen an article at coinidols, erotic nft marketplace is what world needs haha
i did. i just topped it off just now making a billion
i'm able to purchase .com. why the hate tho?
you still feel this way?
not really since i'm a girl. 😂
dude. he's gonna get rich off this move. have you no faith!
i have transferred as much as ,000 from crypto.com with zero problems when i cashed out shib the last time. hopefully it will be fine
update added to original post
for all the naysayers, i have been an xxxx amc ape for almost a year. we move differently. price fluctuations do not bother me. i'm in it for the long haul.
i've been a xxxx amc holder for almost a year. i'm a different ape.i like the red crayons. i'll just buy more.
that's what it does. what goes down will go back up
good for you. it's not a competition.
😂 enough to buy more to get rid of it. 😂
good thing it is my money and not yours. smh
just means it is time to buy more, double down
don't hate. congratulate! worry about things in your control. you know nothing about me. what do they say about people who assume things?
😂 thanks and i'm a girl.
and that is why i'm not you.
if one more person tells me what they would have spent ,000 on... look, i do not care what you would have spent ,000 on. feel free to spend your money how you please. i will spend mine how i please. i was an early shib adopter before it hit crypto.com or coinbase. i'm confident in my investment. sorry not sorry!
just like -10 a week and you will get there easily. would be interesting if enough people made a weekly investment on it. just always buying and never selling.
i'm at 14mil and satisfied with that number, it is a loooong term play for me
i’m just hoping that it goes as high as doge
10 million units is my goal
it's a good amount
good ammount if they lookin to make it pass doges price regardless of sell off at one cent
i would say with a little patience into the future your investment will be very-very profitable... just hodl and forget it for a couple years... then come back and be surprised... (yeah i know, easier said than done) he he... you are amazing and i believe in you! :)
lol, i been to the m and uranus and now jupiter... they are all nice places when finance is no concern... we are all amazing!
sounds like you have a curved one is it big?
fuck the moon. shooting too low.
yep. unfortunately i was a day one shiba billion coin holder. i sold when crypto started doing horribly. i would have made a lot of money by now. i'm not selling again for a long time.
lol as do i lol i’m just trying to buy a house so all my funds past ,000 are tied up in that bs lol i pray it takes off for ya.
same dude i been working 60hr weeks for 8 years now, i got a few bucks to dunk hoping to make a mil
oh good that is much better than working soft
actually i'm a she and a lawyer.
she is a lawyer and has several businesses. try to stay positive in life.
you can deposit your shib in crypto earn for 90 days and crypto. com will pay you 2% apy on the token count. i have 500milion deposited and they have been depositing 191,780.82 shib in my crypto wallet every 7 days on thursday . it is like staking. if you do it, it is locked up for that time period but it has prevented me from panic selling. i like it.
if i can figure out how to post a screenshot of my account, i will show you
you should check out coinzoom for earning. 2% interest as well, but remove it any time! no waiting if the big moment happens, and more importantly no missing out!!
in binance, it’s called staking to earn interest. for shib, i earn over 4% apy for 60 days and over 5% for 90 days.
yeah the hard drives fail oh there goes all your crypto. i prefer to keep my money in an exchange.
yeah well i’m new to pancake swap and trust wallet and don’t really understand it all learning rn and i did a swap for safemoon and it didn’t show up so i thought i was reaching out to trust support on twitter and yeah i ended up believing i was gonna be helped but man i knew it in the back of my mind and still ficking did it smh but now i know if it’s a loss cut it as that and move on
but hey if you don’t mind i would like to ask you so i kept trying to delete the wallet but wouldn’t let me bc now i clearly can’t put anything in there as it’s compromised but couldn’t figure it out but was able to delet the app and create a new wallet with new phrases but just to be clear they do not connect right?
me too at 0.05 we’re millionaires let’s hodl 5 years
i was referring to the tokens hehe 😅 seriously...keep your coins safe and hodl 👌
wait… a girl on reddit who’s not promoting and only fans account, what will the internet think of next.
for real, erotic nft market will be huge in coming years. and whole aiko idea is awesome
it was then they started burning shiba and everyone scrambled to buy more. good thing i never sell.
i have as well in the past. i have 2 companies blaming eachother for an error at this point but as soon as it is resolved i will update this. at this point i am leaning toward bbt. either way, it is small potatoes to them but is a serious issue for myself and my family.
he must be a rookie. i'm not new to this. i owned a billion shiba when it first hit and now i'm back.
shib-sis! 😎 another zero off!!!
i kind of thought someone who posts publicly is open to different perspectives. we can’t all be your cheerleaders. have a good one
there not enough money in the world currently to make it go to .23
damn is that all 3k is getting you now. glad i did that shit awhile ago. 3k got me 4 times that
it cannot i repeat cannot reach doge price even .01 is ridiculous
shiba to the andromeda galaxy
ok, i have a question. when you sold your shiba did you just hit trade and sell and you instantly get the money into your bank account or a debit crypto card (midnight blue, jade green, etc) ? do i badly need to have those debit cards for safe keeping of my coins? and do i have to have eth to be able to sell? i have no experience in selling yet, reason im asking you pros. thanks for the upcoming reply, cheers!
good on you and congratulations. i’ll try to get to that shibillionaire status if not maybe i’ll settle for hundreds of million... cheers 🍻
crypto is terrible been waiting for a withdrawal for over 10 days now.
yep i am about to close on property so i want it to take off so i can pay down.
60 hour weeks? hope your getting overtime pay. life's too short for that
how old are you?
on coinzoom you can earn 2% interest as well, but you can remove it at anytime! no waiting! i got a link…
that is double what i get at crypto. com. i cannot open a binance account. that is awesome 👌
no they do not unfortunately.
thank you for doing that. crypto. com gives me 191,000+ every thursday for 500m i deposited in crypto earn. i am keeping the rest in my wallet in case i need to access it quickly. we are all going to win.
i do not need a cheerleader. my post was for shib supporters to give them some shib love. no one else. this is why i posted in a shiba coin forum.🙄
they need to burn coins. it’s the only way it can raise from here. burn 🔥 is the only way to raise price.
same thing can be said about doge lol
i am very aware i just wish it would i only invested after seeing it would go up over time i personally doubt 1 cent but after i hit 3 mil i going to stop putting into it so i can invest in more reasonable endeavors like right now i’m investing in lithium
its not rediculous when they kill down the trillions of tokens on the continuous burn. the price could go thru the roof. the ceo is in control of what we gonna make of this movement and he said himself he wants to surpass doge price. i believe they will pull it off because so many doubted and look how much further we are in less than one year… if not a believer still this can happen… with all being said and going into effect soon, nft, trillions burned, and robinhood possible listing then idk what to say… get some popcorn and sit back and watch this thing moon lol
i just hit sell and the money was on my bank account the next day.
use coinbase. don't but it through wallet like it was before listing on major exchanges. use coinbase, crypto.com and buy it with your money. you dont need eth to buy or sell (old methods to buy and sell before listing in major exchanges
me too they keep saying they are having issues with their service provider
yeah man i’m about done with it. my 30’s have been a blur of shift work.
thank you. i consider myself lucky. 🍷
well that would be good in my case correct? as i don’t want them to be able to steal out of my new wallet so to be clear here the two trust wallets cannot connect to each other? lol i’m sorry i just been scammed and i don’t want to stop investing in crypto but i don’t want to get scammed again either and thank you so much for your guidance
hope you realize no one was hating. we are all on the same team.
fair. i am in multiple coin pages because i spread my investing and i want to stay in the know. what’s growing, moving sideways, or dropping quick. need to stay aware. every big coin or pump can slow and i wouldn’t want to let something else pass me by if i can help it. peace bud
no, there’s less doge available than shiba. it’s simple math. doge circulating supply = 131.7 billion shiba circulating supply = 395 trillion blind investing blows my mind. to the moon… with a little knowledge.
lol keep seliing yourself that story it prob would not be around next run educate yourself and do some real crypto investing
automatically? like since you need a card to buy crypto it just sends it to that account the card is attached to?
where and on what platform cause crypto.com dont let me sell.
i literally get a different explanation every time.
we are rocking it now!! see in the next galaxy. stay safe and god bless 🙌
yes that is good
make sure you download the 2fa authenticator from google to place extra security on it. i have it on all of my wallets and apps that allows it.
except there’s 5 billion doge added into the supply every year lol, there’s less now because of the hype but it will die down, also the devs of shib have been burning coins so eventually the supply will go down
right back to my bank account
binance is a good place.
it might sucks, but is better than buy it on wallets.
i have never had an issue with them before but this time total nightmare
yeah alright i thought so thanks a lot man
and thank you so much
can you elaborate please? i know there is a lock button on the app in securities so i should use this??
yes but surely you understand how great of a difference 131 billion is to 395 trillion ?
do you understand how much a trillion is? i really don’t think you comprehend that number. let me do some quick calculation for you, ok i’m done. with 5 billion coins added to doge every year. it would take 78000 years to catch up to the amount shiba has in circulation.
how are you selling for cash cause all it lets me do is sell for other coins like low end ones
crypto.com is the worst. i’ve tried closing my account per the instructions on the website and they won’t close my account. tell me to go into the app and i do the chat and they tell me their site is back up and running and close the chat... account sits open with same lame answer.
i hope you meant binance is the worst.
anytime. wheir all here to help. well… some of us lol
i don’t like placing links in reddit’s but goto google and look up 2fa. it’ll give you an better understanding than what i can explain to you in a short time.
i’m not saying this is gonna happen overnight, look how long it took dogecoin to reach its current price, however in 5-10 years shib could easily surpass doge if the devs play their cards right (which they have been doing so far)
no they don’t understand a billion vs a trillion. clearly
i know i know they have to burn trillions, you know the initial supply was a quadrillion right?
how about when will they both be equal?
you gotta withdrawl to fiat dawg thats why
thank you i’m already googling it thanks so much
i’m with you i’m holding 1 bill + shiba. just recognize that there’s not currently 395 trillion dollars on earth so it won’t hit the same as doge as things sit currently.
ive tried that it dont even give me the option
i’ve used fiat, you need to link a bank account. although i withdrew 5 business days ago and it has yet to post to my bank account. so 🤷🏻‍♂️ crypto.com says it was complete but it’s not in my checking account so i have no idea what happened.
i agree with you, but i also think some people factor out the fact that more and more money is circulating in the us and inflation is through the roof lately, i imagine by the time i'm older milk is gonna be around 6 dollars, gasoline + and i feel like it could be 'beneficial' to crypto in the long run
thats weird… cause on mine it lets you but depends on what screen you hit withdrawl on. try from home button or try from actual graph and what you got screen… thats how i figured it out
are you trying to withdraw in gbp? cos you have to submit a couple of docs like proof if address and id before they allow you to withdraw fiat.
open the crypto.com app and tap 'transfer' > 'withdraw' > 'fiat' select your gbp balance and tap 'withdraw gbp' review the submission process and withdrawal limits, and tap 'withdraw now' input your withdrawal amount and select the bank account you are withdrawing funds to.
same thing happened to me i kept emailing them they keep tellin me they had a issue with all withdrawls and are working quickly to correct the issue. mines been over 7 days still havent gotten my money back yet so im hopin they figured out the issue and get it moving already
im holding for now but when i do
52 mill and hodl🚀💎🙌🏽
me with my future sons:
this would be so awesome to say in the future. 🚀🚀🌒
love it. but the grammar tho 🥴😓
lol, she needs more school!
i'll be able to pay off my college tuition only if it hits 1 cent. 🚀🚀
he spelled dogecoin wrong
i first saw this meme on the doge thread a month ago.
it is not too late to buy doge instead of copying it
are we gonna be millionaire this year or next? what do you think?
i've got 7mil shib. first time diving into crypto and it is got me a bit nervous but i'm only like . got it through crypto dot com app and it was nice as the first 30 days the fees are waved! if i sell, i can send straight to fiat then to my bank. pretty simple. my question is, do you think i should get even more or is 7mil going to be substantial of shib takes off? <3 thanks guys! this has been a fun learning experience.
shiba inu is dead
hahaha i love this meme!
from the looks of it nobody is holding everyone is selling so i do not know what kind of rich you guys are talking about
bought in 2019, yes. 2021, not so much
never too late to buy crypto! golden rules : trust your instinct don’t listen to elon invest what you can afford to not touch at all. hodl!
i dont ask too much,just some decimels to the left please <3 like 10 cents would be perfecto !! make us all happy !
the fees to send this token around are ridiculous high. useless
no need for grammar when you rich😂🚀
isnt eth 2.0 coming?
her dad is shiba rich!!! she no need school 😋
what if i invest , will i be rich in 1 year?
keep topping up until it covers you at 0.001
what about having both.
💁🏻‍♂️doubt so. but hey quarter or half is good enough for me
personally i bought up to 50mil shib. for me 50 - 100 mil would be just fine. i am actually buying both doge and shib. eventually i will dump more money in to eth as well... i think of it as kind of like fishing. :-) (this is not financial advice)
shiba didnt exist in 2019 ffs
this is the way 🤣
hopefully we all be rich in a year if we hodl 💯
i'm definitely going to slowly dump more into shib as well. even if it hits 1 cent as i was told earlier that'll be \~. simply tossing another . will probably take a lot of time but like you, i am kinda just fishing :) losing a couple hundred bucks (which i really do not think will ever happen, worst case this just does not go as crazy as we all hope) is not a big deal to me for the seemingly promising potential this has for the future. so far looking good! i just need to put a few more lines in the water i think!
right! exactly! ya i also saw a youtube video about amazon possibly getting involved with shib inu to take payments or something. apparently there is some kind of thing between jeff bezos and elon musk, to where they don’t like each other. from what the vid was saying, bezos possibly will want to support shib to be in competition with musk for a future space currency. that seems to be the way doge is already headed…
i gotta be honest; the fact that it is holding above .00006 even while being panic sold is pretty crazy to me lol. bullish af, tbh.
i love how the nsfw tag is applied to the title, which we read before the tag...
y’all forget that shiba inu is more valuable than doge and robinhood and it crashed the internet
i would follow you into the mists of avalon
hi i’m here to gain financial freedom.
the weak will sell. the strong will hold for months or years with golden gains.
this the thread i was looking for. i'm hoping this sell off clears out the riff raff and we get some gains later today.
300t to 500t are the whales dumping their shares. tomorrow everyone gets their work check, and guess what they plan on doing?
oh shit! i panic bought. fuck fuck fuck. i did it again. don’t help me.
i will hodl until i die
i’m in a loss don’t care hodling and exiting once this is big cap
the market cap is solid, we have real support now. analysts indicate that a huge increase is on the horizon. here we go again!!!
i'm in the game!!!! !
im selling half at
🎶 these hoes am not loyal 🎶
we broke crypto.com and coinbase once… we can do it again!!!
lol this is not a team sport. no one here will pay your overdraft fees for you. if you can hold then hold, if you need to sell then sell. no one here cares about you so secure *your* bag.
none of us are selling, but we want real answers from this development team.
pay day tomorrow. more shiba for me!!!
they didn’t all panic sell some people sold because they made good money
took a nice profit! waiting for the big dip to sub 5000 to get back on the ride again. and again. and again!
hi everyone, i'm new to the forum and the crypto world my , i'm optimistic and i am holding on tight as a muthafucker¹
i have zero to look at until shib hits .0099. only then will i pay attention. see everyone at the .05 in a year or so.
gold lambo ? not classy enough for money made on shiba
i'm not budging until .10...and even then i'd only cash in half my reserve.
this is why i sold my initial investment. now its just free money to worry about.
they said said dogecoin was a scam coin to until it changed the rules, dont listen to the so called “experts” we are the change, buy the dip and hold
i keep saying this but newbies panic sell but even for experienced traders the swing you see on the value of something less than a penny will swing alot more crazy than eth swinging at
we’ve all seen the galaxy brains who love to trot out the old “you people don’t know the first thing about finance. let me tell you about something called market capp” then they proceed to explain that it’s impossible for shib to reach any higher. what they are ignoring or completely ignorant of is burn and that the burn rate can be increased at any time. they seem to think the circulating supply will remain the same forever. i believe people like this have caused many to panic sell.
nice little thiscounts for those with the extra cash to spend i am jealous indeed !
how did the circulating supply go up to 500 trillion did the developers dilute? what is going on here?
why the fuck would you buy two sandwiches when you can five for free if you wait? i swear paper hands are the bane of the crypto world, still shib is holding very strong.
hodl until life changing money!
i just convinced my wife’s boss to buy. she didn’t hit it hard, but she joined the cause. hold!
i have to be loyal. i staked all mine
asshat sellers drug us down.
lmao panic selling. you guys should understand that the best time to realise gains is a. after a huge short term rise b. by selling into a heavy buy book.
long term gains are greater when buying and holding for the long haul. i don’t understand people who buy sell then by again sell and buy again.
to the launchpad, and back.
i just bought the dip: diamond hands to the moon and back!!
must be their first run. lol. hold! if you don’t sell you don’t lose!
i follow u. i still hold
😠😤😤😤😤😤 hold strong lads, how much y'all holding though, i have 3 mil units
ok. understand this. you don’t make the money watching the price rise. you make the money by being strong when the price drops. if you have the funds, buy more when the price is in the red and dropping. it’s easy to buy watching it rise! this is how money mushrooms and true profits are made! stay strong, and believe!
it's my fault i bought last high in may and then it dropped and then i bought this morning at .000079, and here we are
blame the rich folk and institutions
still hodling and will be buying more tomorrow on payday $$$
haven't we been through this sitch like 4 or 5 times already? i do not know why anyone who hangs out in this subreddit would worry or care.
the panic seller's did not do much other that cause a spike. we are holding where we were before the pump and dump.
bruh it’s a damn shame how many ppl on facebook talking about selling and get chump change. paper hands.
bought another . lesss goooo 🚀🚀🚀
these hoes ain’t loyal!
i'm telling you what, i panicked. did i sell? hell no!! hodl!!!
i’m getting 8% back so i’m not selling for years and they compound interest hourly 🥳
💎🙌🏽 all day 24 we need to hold
i’ve just been waiting for that expected dip, and i’m in again.🤙 ,000 to start with, and another . i believe in this more than any other stock, or any other share i own. if i can help push it up that ladder here and there, i’m down.✌️❤️
hodl fellas! this will be historic.
we will reach 0.005 next year.
better the paper hands get out early than later on. same thing happened to my main investement... just weeding the garden.
i thought they said the 549t supply was an error and i thought it would go back to 394t?
this one is easy to buy and forget about. you should do the same!
they just giving us more dips to buy 👍🏻👍🏻👍🏻
sorry quick question...is there a limit to the music burn list? yes just joined but been holding for well over a year...just trying to help all these apes
i only know how to buy. no sell till at millionair minimum <3
i bought then instantly lost money and still am lol. i’m not sweating it.
i’m not in this game to make a couple grand. we’re here to change our lives dramatically. lfg.
the army is always loyal. they were only outliners.
i said whoever sold your shib, ya mom's a hoe!
definitely don’t sell but i can’t stress the importance of continuing to buy more as well. if everyone just thinks to “hodl” without driving up the value it won’t go up since everyone is of the same mindset. this is exactly what happened with doge and why it lost steam
i bought a car to live in before the pump. :(
“fuck you for taking your money when you thought it was an appropriate time” that’s what i read.
holding 60 mil and my balls hurt!
i’m absolutely amazed it didn’t cut in half after the run it’s been doing. it’s not supposed to go up more than a couple percent. we all know how high volatility items can go. so it’s as strong or stronger than anyone is thinking.
joined on sunday and i still hold!
i mean it’s above 60 with panic sellers, i’d imagine this is a good thing
people you need to ask yourselves, do you wanna make a quick buck to blow over the weekend orife changing money??
fuck sellers, our time is now. hodllllll to valhalla
it's not panic selling, it is called actually playing the crypto game. sold at 0.000082 before it plummeted, if there is a reason to put my money back in then i will. amen.
i keep seeing posts talking about sellers but its currently at 79.5% buy vs 20.5% sell so...fud
i nearly became one of them, but my hands are made of diamonds.
right! don’t panic sell!
fuck those paperhands we will have the last laugh at some point!! stay strong lads
why'd you pull out bozo😤
i only bet with my coinbase learn and earn. my 50(as of 2 weeks ago) will be pulled out when they become ,000.
i’m holding proud and strong. weed out the weak!!
just put . all in baby
whos ever selling ya moms a hoe
let em go, the fools
but but i made . 😂
about to drop a reoccurring 100.00 purchase every month
🎼 it's hard here for shiba, when there is so many hoes jumping ship
i still here let us go get those millions it is going to boom
i just bought some more and i'm holding not running
lots of these turds have recently new accounts! what?
or just do whatever you want with your money.
that's behavior we saw when canada and australia dropped a decimal point. what do you think's going to happen when we do the same?
that also happened the 7th i believe, we recovered and stay strong! just remember if you bought high and have a 20% dip you can average out your coin. this for sure wasn’t the ath we still haven’t hit robbinhood
coinbase has the sell data at fuckin 26% right now. shame on yall
i clicked thinking i was going to see nudity. i was...thisappointed...
lol. it did. i do not have my coins in coinbase and i kept refreshing until coinbase crapped out. it was pretty funny.
you and me both, and that doesn’t happen overnight. hodl, couple years from now who knows?
the rich that just pumped it are selling . they know we hold and that allows them pretty sure gains. they’ll be back...
the weak shall selleth. the stout shall hold f'r months 'r years with golden gains *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i plan on paying my bills :(
i agree buying like 200 more worth of shiba
i am also down 15k
assuming i already sold half at 'll be too busy driving my gold lambo to even care what's happening after than.
i honestly feel like its not them. i think its the exchanges trying to manipulate the price
big whale 🐳 sold you forget china 🇨🇳 in this too?
i sold my initial investment so i don’t give a fuck what way it goes i got my .
hurr durr shib can make it to one cent
cant stake on my exchange :(
instant gratification is the reason.
sitting at 5m after i pulled my initial .000083
for some reason this comment really hit me emotionally.
please try to limit yourself to one lambo so we all can get one please and thank you
really? so despite weeks of error laden flow-charts, graphs, online news articles all showing growth, value, burn rates, etc based on the circulation amount most investors were using as an indication of liquidity, not so much as a peep from anyone involved in the project and development team that the numbers are all wrong.
thank you, beeeboppp, for voting on shakespeare-bot. this bot wants to find the best and worst bots on reddit. [you can view results here]( *** ^(even if i do not reply to your comment, i'm still listening for votes. check the webpage to see if your vote registered!)
the reply sounded much more thistressed lmaoooo
lmao it was just a joke, im fine dawg
like seriously. only one lambo per household. you'll need more houses.
conspiracy? there are now 190 trillion more tokens. that’s not “conspiracy” that’s reality. no one picked up on the fact that crypto brokers were listing 1) false amount of tokens, 2) false market cap.
tbf i totally agree with you. it's mindless to see the whole picture here, and think there was no foul play somewhere.
it's been confirmed that was an infrastructure glitch
you aren’t very bright. i assume you are a new investor and don’t understand the implications. unfortunately you will learn.
no, the “glitch” only confirms that the original posted amount of tokens was wrong, the “glitch” confirms there are much more tokens.
you made from spare parts, bud?
math is math even if it’s 1quad , we can account since the beginning and vb burning his half, don’t delude your self. then again i never made it past algebra...
we should compare bank accounts to see who has a grasp of reality. i’m gonna venture to guess you won’t be doing well in crypto not any other investment. you only get lucky once, and i can assure you, this isn’t your lucky day. a fool is quickly parted with their money. and a blind man can’t see the emperor has no clothes on…
you’re obviously a low-class, low-bred, uneducated schlub who can’t form coherent sentences, can’t make objective decisions or even have any type of thiscourse or rational thiscussion. losers like you will always lose and always end up on the bottom, where you belong.
stop 🛑 being toxic
people took profits, stop looking for a conspiracy. china woke up last night and sold at a huge profit, they pumped it up the night before, we pumped it all day yesterday and then they lots of shibfam sold at an all time high and from the looks of it drove it back into eth and btc today. and doge.
i don’t know about you , but i am holding and it selling for the next few years , i buying the dip . let’s get this son of the gun to 0.1 we can do this!
been holding 46m for a month. planned to sit on it for years. this has been an amazing few days.
yes sir. had plans to buy a bunch more friday and now this ...so i guess it would not be as many...600 mill here
won’t touch a single shib until we get to 🤣🤓
you know it! excited to see what happens on payday this friday, should see some high volume
watching that rise was amazing. let's get more!!!! buy and hodl!!!
love seeing my brothers and sisters holding strong after the shib storm!
ill sell when it hits a cent
im holding 411 mil until it hits !!!!!
holding till it at least gets 0.01
discovered shiba 3 days ago. converted my doge, and now sitting at 10 mil. best decision. i plan to hodl.
bought 775.000shiba's back in may, it went down sooo bad, so i guess i will just hold on till its worth more just like doge... i could use some real money as a 22 year old single parent lol i aint missing the money anyway after all these months lol
i just bought in the other day hodl!! i'm sitting at 2,359,810 should i trade in all my doge for shiba? or should i keep it spread out a bit?
when is this supposedly burning of shib going to happen? does anyone have a solid reference? because i'm holding...but this uptrend is not going to last maybe but another few weeks i suppose.
a lot of ppl are saying holding until .01 by why sell then? if it can hit a penny then why not hit a dime eventually?
holding! stop bailing folks. this is a wave we need to ride out.
hold it until become **gold**
everyone i know is telling me to sell but thoes are small gains, we fly past the moon and are going to the uranus.
i have only 1million... i have to buy more
holding amc and gme made me emotionless to big dips anyway. if it goes up, i celebrate. if it goes down i hold or buy more. don't invest anything you cannot lose. it makes holding so much easier. to the moon, fellow shibas.
holding 300m. i hope i was not too late to the game.
staked on shibaswap. about 150m. not moving it until .01.
i bought a good bit of doge at fractions of a cent then paper handed on a dip... not making that mistake again. i’ll just stop looking at shiba if i have to but not selling.
holding to at least .01. maybe .1 if i feel frisky.
i'm hold it till the dollar grin's 🤩🤩🤩🤩
am holding and holding till 0.001 lets go shiba 💪👍
just moved my vec over feel like the ships sailed but fuck it.
kind of holding, but every time i bounce it, it comes back bigger edit... ok, alllmost every time
hold do not sell till we hit . it always seems impossible until it’s done! there is no failure except in no longer trying.
just bought yesterday! hodling 🐾
still strong and bought more yesterday
holding and adding more 😀
holding 11 mil, i really hopes it hits atleast .01
i am gonna be honest. if we touch 0.1 i am gonna sell but until then i'll keep buying and wont sell shit!!!
, 💎🙌💎🙌 steady now, & 💎🙌💎🙌
trying to hold but i really do not think my 900k shib will do much for me in the long run haha
holding until atleast .005
i only have like 15m coins because i just found out about it last week, and i'm broke af :(
im a warrior i hold a sword
hodl at 79 mil…what’s this burning of coins i keep hearing about and when is it going to happen??
holding to the moon…to venus…mars and every galaxy beyond 😉
oh yeah still going to hold
i'm not missing my lambo yacht twice. got into dodge way too late and got out way too early. riding this thing till at least a dime.
holding because i can and will
always holding, ¿why sell if you are now gaining profit? 10m since july (i think) 😂😂 hodlll!!!
i can only upvote 1 but 4 hodling hear at work! and yes i got them into shib and they love it
will it make it to .00004?
hodl and buy more ?!?!!!!$
🚀🚀🚀🚀🚀! gonna hit .25 soon with this momentum! not gonna lie, when it hits .00 or close too...im selling half of my stash and keeping the rest for the long haul!!! good luck everyone!!
shiba inu will drop another 0, hold and buy . i just bought another 100mil!
keep it for the coming 3-5yrs. then we see where we are.
i bought a few hundred dollars worth a few days ago and think i'll be leaving it there for a few years.
hodling. it's nice seeing my 1.3m shib now worth £30 instead of £6. but i'll hold. remember those who bought btc when it 1st came out? those who held are rich now!
i put -4 weeks ago ( much like dodge) i’ve already tripped my investment by holding. still holding.
mine are locked anyway, whatever.
i bought 60 million about three weeks ago and i'm here to stay, les goooooooo
the way i see it, i have put in ~ it so that is at ,700 which wouldn't effect my life in a significant way. it's a gain but it is not enough so i'll hold whether it takes off or dies.
not budging until .01. for i will continue to build and diversify.
had my 32,000,000 taken from my account :( fml
i’m holding i here to make millions .all the way to .00
i'm holding i'm in it for the long run
hodl-ing!! diamond hands here!!!
i'm thinking about a 7 to 10 year hold unless something drastic happens. 💚💎🖖🚀🌛
just add add add at these prices!
all the smart people are holding.
thy shall hold till 1.00 sell half then reinvest
i’m holding shib for at least two [years. at]( the rate it’s going, it’s got to be at one cent by then.
310m holder , i was hoping it would dip more to get to 400m :. be patient . hell turn your notifications off and check it every so often . patience makes millionaires .
holding on to 56 million. to the moon
holding for years ...no time to sell now...
i cant afford to put more in, i am at 900mil in coins. though i am telling everyone i know to invest and more importantly hold
i’m selling as we speak!
can someone please guide me how to buy on pancakeswap via trust wallet. i have bnb and i just can’t pull up the contract address in pancake swap it doesn’t give me the proper shiba inu.
someone said that if you put your wallet address on here the shiba gods will bless you 😩 not sure if it’s true or not
that's right. too early to sell now. we're not there yet.
i’m still holding gme after 10 mths, no rush so i’ll just do the same with shib…💎
i'd never heard of shiba inu before, saw it added to coinbase. bought some, the very next day it shot up lol great timing!
same plan to sit on this for years to come, sitting with amc too...
this, if you don’t need the money now, there’s no reason to not see what 5 years does to it.
woah... its getting tougher day by day to cross 100 mil. but it is all coming together.
i’ll be leaving about .02 if anything i don’t see it getting to 1 dollar
with inflation and these gas prices, i’m thinking .00
it always seems impossible until it’s done! there is no failure except in no longer trying.
you get now 10! bit.ly let's get this puppy to at least 0.01$!
we’ve seen how low shiba can go, but not how high….😎
no. don't sell. hodl.
everyone who says this, better be ready to sell at .0099
it can’t hit . that would be more than the global gdp. maybe a penny
hold do not sell till we hit . it always seems impossible until it’s done! there is no failure except giving up the hold.
aye, we may no be whales, but still we be big fishies.
every crypto’s has had an uptrend forever, this one is just so new that little dips and shit seem huge, but in a year or two, the difference between .00003 and .00002 will be nothing, and you’ll hate yourself for pulling out and missing that train once again. don’t do it
over the next 5 years, plenty will be sacrificed for the greater good (shibarmy).
agreed, hold strong! hold do not sell till we hit . it always seems impossible until it’s done! there is no failure except in no longer trying.
that's what i thought at .000015. here we are double that. tbh were only at 4x roughly. still room for growth.
the ship hasn’t even finished being built my brother. think bigger, think longer. if we burn a zero a year, we are on 🔥. anything faster is just plain ridiculous. welcome to crypto!
don't sell! buy and hold.
i have 86 million. 14 more mil to go. but i’m gonna get there.
ah, that is ok dude. some times we need others to pick up the slack. if you have too much life for your hold, you sell and use those tendies.
yup and rebuy when it dips
right? we need some forrest fire level burns. hell, trillions of them are already owned. less start to burn what's left.
unless coins are burned. im thinking 0.10.
not enough global gdp. global gdp is 85 trillion. there are 395 trillion shib tokens. it can’t hit % of all tokens are burned
you gotta move your decimal over one digit to the right
if doge can hit . burns will start to happen soon with robinhood and nfts. we can get here if we hold!
agreed. also, dont forget that with the help of some whales there are trillions of them already held.
the us is planning to mint a trillion dollar coin while being almost 30 trillion dollars in debt, and thiscussing another 3.5 trillion dollar spending bill. china does whatever the hell it wants. i'm no expert, but it seems like logic is not being applied to a lot of things money related.
i’m not hating on the token i own a few million. i’m just saying it can’t hit .
i was not thisagreeing with you. i was just making the point that a lot of things are not adding up when it comes to money and reality, like how the united states' debt is one third of the global gdp, and yet we're still printing money. i mean, the value of something is what someone will pay for it. there's 1 trillion in btc and probably almost half a trillion in etc. so 1.5 trillion dollars in only 2 crypto currencies that were worth practically less than nothing 10 years ago. is it wealth creation at that point?
paying off my family debt. so my mom can start a brand new life she deserves.
invest in some high return etf stock and live off of it. and probably buy some rental properties as well.
honestly just be debt free. i’ll figure the rest out after that.
i plan to use that money to make me more money
if it ever makes it to .10 cents or higher i'm gonna buy a house, pay off all my debt, give my parents some money, and donate to my local humane society.
shib is my escape ticket from society. (except you guys. love you guys of course)
right now, all i care about is freeing up my student loans... after that, i would like to make sure my parents are taken care of and pay my little brother's college tuition. id be content with at least that.
in the event i make something crazy like , i’d like to start a civic crypto club similar to other civic clubs such as rotary club (which i’m in), lions club, etc that takes on projects that improve things like public education. (my mom was a public school educator for several decades.) and i would like the “crypto club” to provide salary stipends for public teachers where they are paid very well, like doctors. and make sure they’re legitimately great teachers and paid for being such. i lived in korea a couple of years and learned the most formal grammar was reserved for when you talked about god, a king, and. i love that teachers are revered like that. of course we want to make sure it is merited and all that. but i love the idea of funding education appropriately because we know government sucks at both trying to manage and finance education for a myriad of reasons. that’s my short answer 😉
clear debts and live comfortably.
drop a down payment on a house also and finally open up my own auto repair mechanic shop
build a castle in montana or somewhere pretty and live like a lich
people do not know how to hold tho
down payment on house and business.
1. surprise my hubby with early retirement from his job. (he does not know about this investment 🤞) i just want to see the biggest smile on his face. 2. set up investment accounts for our babies. 3 start our own businesses. 4. reinvest to make more money. 5. travel the world. 6. payoff our house. 7. help our family members. 8. help those in need.
similar to yours. i want to buy 50-100 acres in the sangre de christo mountain range of southern colorado, ranch some cattle and make knives for a living. with annual fishing trips to south florida
all for my children...a minimalist and i am going to give 70% of it to my 2 girls...
i plan to sell some at .01, just to pay off my house, that will free up a lot of my income to buy more. i plan to continue to buy and hodl till .10 or .20, then sell again, enough to make me about , and then hodl about 5-10mil coins for when it hits , the 100% cash out.
it’s awesome to send people that thought i was crazy, screenshots of the 6 month graph, with the current growth. just so they see that i.
hey there, me too. dream town in the country. a modest house and garden. i still want to work part time.
so many options with that type of money i honestly don’t know
pay off mortgage. decent woodshop. chill. also ... always hodl some...
investment property for my family. build a future for my kids and watch them grow up. adopt a less fortunate child. maybe two.
i find most of these posts to be heart breaking. i guess i had not considered how much debt people have. please do not dig yourselves a deeper hole. slow and steady wins the race.
wherever you go, there you are.
the same plan as you! to the moon!!!!! 🌙
get up at 7am… take a shower… get dress with something comfortable and hit my local wawa for my fav coffee brew and muffin combo!! my life is just as wonderful as is as it will be when we get to the moon!!! else i can invest money on that makes sense!!
i'd use it for my parent's retirement and i'd buy them a house. as long as they are happy, i'm happy.
buy a house, depends on how much money it’s gonna be, open an animal shelter in a farm, have rescue animals running around. retirement dream.
i want to smell my own farts in peace
don’t forget to give something a charity and share joy ❤️
ultimate goal right now is to stop living at home. i just want a place away from my racist dad and somewhere i can be in peace. probably why i believe so much in this cause and have 50 million shares
ima quit my job then get a super part time shitty job…… show up to the movie theater driving the space shuttle. gotta make sure i can still relate to the people. except i will literally not give any fucks lol i’d be a nightmare for management. i think my fav word would be no.
live a comfortable lifestyle and give my friends who have been there since day 1 enough money to not worry about financial struggles without putting myself into financial struggles.
start my business on a much larger scale than previously planned. basically skip a few years ahead.
leave a few million in the bank account and gain interest off it every year. spend a few tens of thousands a year on different coins, trying to net another profit similar to shiba. invest in local businesses around town (we have three colleges here) and just mind my own fucking business for the rest of my life.
take some time off. managing a restaurant during the pandemic has been draining.
how much y’all invested?
go heavy in my collection of magic the gathering!!!!!
get rid of my debt buy a house and set my daughter up for her future where she can secure a good life for her
hookers and blow for me
payoff my house, get a new motorcycle, put a down payment on a lake house in nh
10 acre property. no freaking neighbors and a nice log house.
exactly that. buy land in my town. be left alone. finally live comfy. f*** pay check to paycheck.
depends on how high it gets. if it hits a penny or dime, i can pay off debt. if it hits a dollar, i am buying a house in the gated community next to my shitty apartment, a new vehicle (i already know which one) and i’m going to invest in a restaurant or something passive. i won’t quit my day job unless it gets to . i’m also going to make my sister who got 93m coins before she ever said anything about shiba take care of our parents and siblings.
invest in an apartment complex, actually live my life instead of slaving away for a corporation chasing the 9 years of retirement money at age 70.
0. quit my current job. 1. not the original one as most - pay off my debts. 2. help my friends with the debts. 3. renovate my flat. 4. probably finaly get a driver license and buy a car. 5. travel a lot. 6. open my publishing house. 7. study again. 8. and have lots of fun with all these simple things.
use 25% of it to buy a porsche gt3 and go cross country with it
id love to live off grid in northern cali have a bunch of dogs and grow a lil weed nature is my peace
help my family and community here in puerto rico.
buy a house. maybe a newer car. nothing crazy.
i only have 4mil shiba so i would pay off my current college debt buy a state of art gaming rig () and put the rest in savings for a rainy day and to keep paying for college with it every year till i get done with it
great minds think alike
give my kids a life i didn’t growing up
i feel you! f****** sick of people! just peace and quiet and nature!
buying lots of expensive scotch and spreading out into smart investments. lots of apple stock for sure for one.
lol, when it moons. it’s a pretty big if right now.
if you want to be with pure nature walk around downtown san francisco at night
wake up knowing that i don’t have to worry or stress about anything other than what the hell im going to eat for lunch or dinner everyday. i’d really like to give back and help underprivileged kids get a better education.
i would give my in-laws(retired couple)money they lost back when the stocks crash and lost everything, including their 401k. buy a home,car and share it with my wife and my family. most of all, pay my debts first.
you can do that now with a tent and a bus ticket to montana.
at first glance i thought you said you want to get laid.
eat caviar and an expensive steak at waterfront brighton.
pay off our current mortgage and another loan. then buy land and build a house. rent out our current house. put some away for kids. then reinvest.
kill off my debt. i’ve bought . wife also has bout about -laws.
“no matter where you go, there you are.” -buckaroo banzai as appealing as that sounds, there will inevitably come a time that the person who lives an isolated existence needs help.
pay off my student loan debt, help my dad retire, then put the rest in a high interest savings account after consulting a financial advisor.
how much does everyone have in, if you do not mind me asking? i have . that's i'll i could afford at the time.
eating subway everyday bc i can afford it
pay off my house and wifes student loans so we are out of debt and free
i just want to write full time. and i want to be able to afford to dedicate my life to unprofitable, unpopular fiction that only other authors will like.
gonna invest in shit that gives me income like dividends, rental properties, etc
presidential rolex, pay student loans, buy a house. in that order.
i’m going to remove myself from everything
have enough to never work again. nothing more nothing less. have enough to live, treat myself, and be comfortable.
create my own llc ... real estate, and buy a few fast food franchise
buy my children a home and help the poor.
invest everything in stock market. never work again.
it would be awesome to pay off my house and live debt free.
i'd like to pay off all of my debt, take time off of work and go back to school, travel, and set up a college fund for my son.
pay bills and invest some more
if you can ever afford it, apartment complexes in or near college towns are a fantastic way to make money. edit: you probably want them to be nice enough that the people who are living in them probably would not trash them.
good plan my friend i have the same plan
i'll pay off my mortgage & other debt, i only have 10 million so that should be all i;ll have enough tendies for.
first, imma quit my job and go on a fucking vacation which i fucking deserve.
would open an exotic dancers club and i would manage the recruitment process of all the dancers. :-)... we are almost there guys!
buy rental properties, nice stock portfolio , a couple mill here and there for me . and rest into btc or eth to make interest.
invest money so that my son do not have to struggle in worthless jobs with no gratitude and moral values.
you do realise that when everyone takes out their investment, , right? it’s a pyramid scheme, just make sure you’re not the last one pulling out.
same!! min 15 acres of land in 2-3 countries and living with the beloved ones without degeneracy 😅
we all must hold !!!
move to montana and have a cabin somewhere. spend my days fishing, hunting and maybe working a part time job just for fun.
my theory is everyone is attempting to become millionaires. which yes is great and all but then you enter a whole different tax bracket. all i'm really looking for is to become debt free and make sure my kids have a nice little nest egg after the time comes and i pass away.
same here exactly :)
get into the renting out business
pay off student loans!
debt free, a house, and if it gains enough, retire from my job and be home with my family more.
lol i’m bout to quit tesla soon as i see a m 🤣💯
retire, buy another 200 million grey cryptos and buy another 12 trillion rocket bunny . invest in farm land and see about locating and buying at least a 2nd magnitude fresh water flow
i'm thinking of 60 foot yacht. with deep sea fishing rig off the back, master stateroom, full galley, toilet and shower oh, and hot tub! living large!
426k petitions done. here is link to sign. robinhood.
buy back that time to actually enjoy my life. so tired of the 45+ hour work week. week after week. month after month. year after year. no energy to do the things i love like making music, enjoying nature. i just want to sleep in like i used to when i was 16. wake up whenever it feels right and actually enjoy a morning again. this is what crypto can solve the way nothing else can. we are all gonna make it bro’s.
that sounds like an amazing plan
my best friend (34y) passed away in january and we would like to finance the scholarships for her 2 daughters. if the way goes to moon, we are going to quit our jobs and open a little cafe. 🤩
my parents have never owned a home. i'm in my early 30s and they have rented my whole life. first order of business will be buying the house we live in from my grandfather, buying mom and dad a house with a greenhouse, and reliable vehicles... ...and getting my mom a long arm sewing machine. 😊 she is a brilliant seamstress and quilter. also setting up trusts for my kids and building my husband a recording studio. he's a fabulous producer.
my exit strategy - never exit but don't be dumb! 1. withdraw my initial investment once it quadruples. 2. pay off my home when shib reaches double what i owe. 3. wait for my remaining shib to double again.withdraw half. 4. help out my fellow shib's who may still be bag holding because they did not listen and went all in doge. 5. finally & most importantly - keep investing!!!!!!!!!!!!!
you can go to wyoming or oregon for that. don’t need to a shib millionaire to live there.
that my dream! we should all move away and start a colony of our own on rural land. we can build houses off the land and trade goods and services via shib. we could build roads and schools and make our own society oh wait a minute…
im not spending any of it if it blows up. i'll keep driving my rusty truck till it gives out. prob buy some land build a house nothing crazy still work everyday otherwise ill go mentally insane
invest all of that usdt until im 21 (im 14 rn) and retire at 21
i don’t need much, i’ll probably just buy up people’s medical debts and forgive them. start a grant program to help people that want to start their own businesses. pay for the innocence project to hire some more lawyers. keep working my job because i actually enjoy it.
own a home, be debt free. 🏠
just be comfortable not lavish and definitely land and a home away from this crazy world we live in today with my 7 cane corsos.
if you buy in my homeland i’ll assassinate you mainlanders
my husband passed away in july. i bought shiba to honor him. i plan on paying my debt. take care of some family and live life to the fullest because that is what we did together. i lost my best friend and soulmate.
i just want to buy a home for my family.
hooray…i’d like to retire before i end up sick and can’t enjoy what i’ve worked so hard for
25 m here - would pay off all the debt and trash all the credit cards. it was a mistake ever getting them in the first place. keep 1. i would keep working for a bit, to a point where i’m putting more into savings than i am losing every month. and feel free, feel happy, lose all the concern about the debt and worrying each month. take all that worry away. would travel to a few places around the world, tap more into my spiritual side and with the universe. then after a couple years of rising in the place i work to where i achieve a certain title... maybe think about relocating to a different state, where it doesn’t cost an arm and a leg to live. buy a house, continue working and thinking of all the ideas that come my way and put them into fruition. but most importantly, i would stop worrying about life so much.
imma maybe shit on my boss's desk.
my wife says i am crazy to get into this. hopefully she will see and we all my brothers and sisters in this shiba community will see when it reaches the plateau and get to the freakin 🌙
i want to get into a fender bender with one of the asshole drivers around here and when they get out of the car i’m going to throw 10k at them as hard as i can and say “shut the fuck up” before they even have a chance to say anything 😂 all serious though, i would donate to my nonna’s church, pay off my moms house, my dads house, my house and live off whatever is left
my very conservative “moon” estimate is . 1. . 2. ’s house fund. 3. . maybe we will lease a car. my secondary “moon” estimate is ’ll have it hits .005 obviously i’ll do a lot more if that happens lol
i think that’s everybody’s plan
i'm buying houses to flip
how much does everyone here have and what does “moon” mean to them? i’m still not sure what i need it to hit. i have roughly 115 mil.
buy my own house and a rental property. use the income from the rental to buy another rental, then another and so on. maybe get 2 condos to rent out and go from there.
took half my shiba profit and bought elon with house money. now i have double rocket moon power.
i don’t like thinking about this stuff as it’s the same mentality of winning the lottery. the hurt of it crashing would suck so i just maintain expectations and hope for the best. remember be ready to lose what you invested don’t over extend your self. we are all for the most part looking for a way out of poverty don’t end up falling deeper into it.
buy a koenigsegg agera rs
pay off student debt and go on a holiday to japan.
move into shiba fantom, definitely the next big thing!! thank me later
same get the fuck away from everyone and new bimmer m8
probably just continue what i do for work and be able to finally give my wife proper healthcare.
finish off the little remaining on my parents mortgage, buy myself my first car, deposit on my own home , then buy a house for my parents in their home country so they can retire to and ofcourse to reinvest back, then from there invest in properties. hopefully praying on it lol. oh yeah and buy a fuck off amount of bags and a van cleef braclet cause you know im a girl lol
bro this is legit what i want. hope it comes true for both of us.
assuming it hits 2¢ and i have , i will put , then i will use half my money to buy myself a nice house and some condos around the country to air bnb out, then split the rest between big coins (bitcoin and etherium) and other shib like crypto opportunities
be able to live as cheap as possible. 1. that means getting a [heijmans one]( tiny home. rice it out with solar panels, among all other options. still cheaper than buying a normal house. 2. pay off student debts 3. find a place to put my tiny home\ 4. only have to pay food + water + little electric + insurance 5. ???? 6. profit! bonus steps: * get enough passive income so i can: * quit my job * take my free time to learn video editing * make a series on how to become a programmer. a series i would have wanted since the day i became a programmer. so many shitty tutorials out there :'( * play vidya * make an alternative to reddit (spoiler: it is not going to be straight up clone and it is not going to be an "american free speech zone" (i.e. inviting racists and let them go unchallenged.)
we could do all of these with my idea r. i want to change the country save the working people who are overworked and underpaid. 20 years from now buy land and live with nature and living off the land. lol it’s the simple things that bring us true happiness.
damn you stole my plan lol
i first read that as “i want to get laid and…”
pay of debts that me and my family have made to banks.
i plan to do the same
i have endless ideas to keep me busy but i mainly want a nice place where all i see around my house are trees (no neighbors) and have a couple fun-cars and a project car.
i lost my daughter and father within the last two years. i’m going to build a time machine and go back to be with them again.
help people and invest more.
we would put new siding on our house and a new roof we would put a good amount back into our farm and put up all be fencing and probably build a new barn then the rest would go to getting grapes into the ground to open a vineyard :)
invest half, have fun with half.
i’d like to get a big rv and pull my kids from school and just drive around the us for a year. eventually, drive to alaska, sell it, and fly back home. i did also invest in mutual funds like is recommended in “bogleheads guide to investing”. or over at r
buyout the lease on my apartment, buy a new car, open a trust fund and start a college fund for my daughter. i want to pursue my dream of moving to the pnw and finally plant roots somewhere. buy a home. create my own generational wealth.
guys . what’s the next shib?
change some lives including mine
pay my parents debt off and buy them a house
depends on price of the moon) if it hits 0.1 will move to bali and live there for rest of my life) i’m 32 btw) if 0.01 will invest to another coins)
seems like the right thing to do is to donate some funds to help abandoned shiba inu dogs.
i just want it to hit 1.00 that is all
pay off the house and live debt free. that way i can cut back on work and finally get to spend some time with the family
rental properties, a big house, lambo, stripper parties every friday, a cabin at a ski resort
thats a very good plan, i would do the same if its possible
cash out just enough to pay off all my debt, after taxes of course. maybe a little extra to enjoy a fun vacation or college fund for my daughter.
i’d like to help people as best i can, especially my family and friends!
renew my grandpa's tomb route a landslide destroyed the path to get to it
pay off my debt, start a college fund for my granddaughter, retire and move farther south. buy a nice 5th wheel and a deeded lot. invest the rest to live off of and for sure just travel and enjoy it.
i just want to financially independent. instead of working 60 hours a week to make ends meet which is my current situation... go on a nice long permanent vacation and tell my boss where he can shove his 60 hours.
pay off the remaining balance of my student loans. pay off my mortgage. those two are the most important.
mining rig in my shed
i want to get a new phone the poco f3😐
sound like a dream… i’m not sure if them big boys gonna just let you guy take all their investment money. but i’m just saying
move away and attune with nature has been my thoughts eggsactly, to move out of this depopulation agenda’s way!
buy all the legos.
please sign and share the following petition. sign you guys for shiba-inu to be added to netflix
pay off all bills. make sure my future grandchildren have a cushion to start life with
to act like i do not know nobody . ahahaha
buy a shop for my partner to work from
i would like to earn enough for a new truck (ford maverick) and have the rest left for my family just in case something happened to me in future that they wouldn’t have the worry of having to manage to survive in this crazy world. i currently have 15 million coins and am buying more every week. i am not betting the farm on this coin just getting what i can afford to lose. the small amount of money i have in this is worth the dream to me because i do believe .25 is very reasonable number for this coin if it gets listed on robinhood i am not sure it will ever hit a dollar.
i’ll probably take a shit in a hidden spot at my job, quit , then laugh cuz it’ll probably be a long time before they find it.
i don’t want to be that guy but shib might have reached the top for this time around. downvote me but indicators for me is that the hype has come and went, youtubers are making videos of it to death and the ones who would buy it has bought it. it has already done what it can. the news is out and that’s when you sell.
i just want to pay down my mortgage
i would not have a million dollars unless this bloosoms to 27 cents and i keep hearing how unlikely that is. but i'll keep the faith.
debt free. and out from under my 700 dollars a month in car payments. simple as that. maybe a small vacation. put money down for a house?
pay off my daughters student loan debt, then any of mine if anything’s left over. biden and the dems, no student loan relief for most people, and they’re making 6% interest off the backs of the underclass. after shib, i plan on working more on this crypto trading to grow wealth.
what do we mean by moon? .10 i'll be alright, $.50 and i'll be really comfortable, and 'll be able to make money moves that keep me stable until the day i die. that being said, shib to . let's go, retards.
open my own bank with the lowest interest rates to help all the underdogs afford homes and not have to be subject to renting. invest in renewable energy and agriculture in poorer countries giving them basic humanity needs . lights, water , food. i will take my soap box and move . i can hear the comments. oh yes def splurge on a helicopter lmaooo
once my investment hits a million i’ll be pulling out putting half into building my house the other half will be invested into a rof ira
flip the bird to my job and peace tf out. get all debt paid off. pay my car off. pay sos debt off. get teeth fixed lol. buy 10 acres of land. rescue doggos for so said land. build dream home. invest the rest into stocks, dividends. give back to my community and others.
let’s help get it over the moon! then we can talk about all that jazz
shib has already mooned, it is there, right now, break dancing on the moon...how high do you expect it to go?
i’m just tryna blow up and act like i don’t know nobody
i can’t log in to my binance anymore. “incorrect password or username” and i’m not receiving the recovery email to my email. help! need to see my shibs.
invest in tokens like algo for passive income while working and having no responsibilities
if it moons, i expect that rewards on shiba swap will provide a nice income
depends on how long it takes to get there, because i mine…slowly but i’m getting there. a year? then pay off medical bills. 2 years? pay off my son’s home since i live with him. 3-5 years? depends on who is in office i guess. biden and his bunch will surely find a way to tax it into oblivion by then.
why to the moon , when you can fly to mars
shib isn’t going to hit the moon. i assume you’re all bag holding now. i sold shib when i was up 60% and bought mana which i’m up 110% in now. best decision ever
bunch of hookers and coke hahahahahhaah jk
i plan on taking my coins and putting a good amount into liquidity farms and staking a bunch for extra income.
being self sufficient would be great tbh
pay the remainder of the mortgage and just hang out and watch my kid grow up
i want to invest in at&t and other high-paying dividend stocks by investing in at&t every 100k that you put in would make a est of 7000 a year
quit my job and never work a day in my life again.
keep investing. make sure my family is cared for when i am gone. make sure my grandkids, if any,are cared for.
get my sons plastic surgery
in 5 years? probably take an overseas vacation or tour the world... never been off north america or caribbean let us hope patience treats us well... oh and a rolls royce phantom 😂... trying to keep it modest haha
paying off debt, and with the freed up cash flow, reinvesting.
same plan! looking for a good amount of land, 5+ acres out of town and a small house for my family. homestead.
continue living my life as i do now with a bit more freedom like to travel to some countries i wanted and buy a rx-8 (or rx-9 if mazda decides to make one and uses rotary engine)
pay off my house and cars so my family can live debt free. then pay my moms house off and get her a new car. its time to give back!
shiba to the sun, fuk the moon
i plan on doing sooooo many things. i want to buy several acres and plant various crops to start.
what moon? we are going to the milkyway. all the shiba army's dream will come true.
spend half on booze and hookers and waste the other half.
i’m moving to a lake home. leaving everything behind and spending whatever i have left in life watching the water.
put myself through school to finish without any debts, worries and have peace of mind
i’m itchin’ to make it as a slum lord. but also, buy some land in the mountains just in case the world ends 👀
paying debt off and hopefully investing into some properties and leaving a footprint for the 2nd generation of my family~
pay off house and student loans update cars and reinvest the rest.
what yall think shib will hit and how soon???
i just need …
are you sure about that…. nature society can be cut throat
pay off parent’s mortgage, pay off my student loans & put at least half of my money into an index fund or high yield dividend stock so i won’t ever have to work again
giving a ton to my mom. buying my dream pc. donating to make a wish. donate to small twitch streamers.
pay off mine and my wife’s debts and save for my son’s future
i want a private island, is that too much? once shiba gets to .6 usd maybe right? 5 years from now i believe is posible
pay off house and all my kids and wife's student loans. if enough left, retire.
help family, give a well deserve life to my wife, and make a shelter for homeless in my town with health and other resources to get them back on their feet.
buying rental properties. i’m creating generational wealth
buying a financial advisor and a lawyer cuz ima go crazy. definitely buying sum weed, some real estate, some land in case the government start trippin, and a tesla since gas high af right now. i'm stashing 50,000 at my granny house and putting 50% of what's left in crypto. whatever left after that ima ball tf out
buy the bunny ranch in nevada.
down bad today so keep waitin
put it in an ira, invest ira on dividend yielding assets and build my retirement portfolio, also send the rest to my parents who have helped me a lot in my life.
buy more amc and gme 😁😁😁
i just wanna pay for college man.
just staked for 3 months on crypto.com. keeping all i earn . let’s go !!
definitely donating to every animal shelter in a 10 mile radius
help my family and friends and own a business and just enjoy life
if and when we hit , years from now, i'll do a dandom drawing and give 10-20 people , then let each of those people selected, choose a charitable organization and match the money i give out. lol if i'm holding 40-50 million shares, that many donation chould give enough tax deduction that i would not owe the federal and state governments too much! lol
i would love to take a break and do everything i never could because i lived my parent’s life for so long. i want to travel and learn many things and pick up many hobbies
good to see so many thinking about their families, i will take my mom on a trip around the country after i buy a tesla model x !!
be a professional bitcoin miner.
i’m gonna make sure my parents never have to work again
with 560t coins, never going to happen. sorry.
buy boots from boot barn small plays big gains
is it going to start going up anytime soon
give some money to my parents. give some money to kids with cancer donate to a few soup kitchens buy my grandparents house
drive a ferrari off the end of my yacht into the ocean for fun. yep. definitely top of my list.
i love that most comments are pure love and just happiness man makes me feel good. i'm a later investor but paying the house off and living debt free is enough for me.
it will happen! this is the calm before the storm!
pay off all debt for myself and mom. buy a rolex submariner. purchase commercial properties as rental investments. put a lot in bitcoin. some s&p 500 etf’s.
pay the taxes pay off debt invest buy rental splurge live life in that order
i wanna move myself, my girlfriend(wifey material will also make that happen), my moms and stepdad out to an ocean front property in nova scotia, get away from the hustle of everyday life and just live man
call girls and not street hookers
make donations to various charities. continue to invest what i can to repeat 🙌
buy land back and put it in trust for my tribe.
i’ve worked two plus three jobs over the past 19 years to give my daughter a good home. so…i would retire and volunteer my time.
to buy a home (small farm) bring my 72 year old mom to canada and make sure she does not have to worry about anything spoiled her.
pay off all my fiance and i's debt, set my grandmother and parents up, and buy a modest house for my family... and a few new toys 😅🏍️💨
i just want an xbox series x and a mini fridge
can i be your chaperone??? i can cook 😉
stop my job (obviously), study i do not know what to call it in english. studiying to be a ranger (in the woods) and have some time at the ymca (it is different in germany) and make some volunteer work 2 times a werk.
i just want to be out of debt diamond hands
pretty much what op said , buy land with a lake build a house
well,….if it hits the moon,...,,,,and coinbase doesn’t shut down until it drops back to earth,…...there could be lots of happy folks!
i do not think people realize that to most who got in this early, the moon really can really be 1$... shiba has the potential to go way past that at some point but it would not take much above 1... and that is a beautiful thing... i am happy for all of you shibs out there... keep on truckin!
bacon on my burgers and a large sized drink!
as of a few weeks ago it is listed on coinbase. that’s where i bought it
to pay off debts and start a new life. it was a rough 8 months battling depression and ready to start a new.
reinvest my shib into other coins. living frugally until i have at least 3 million in crypto.
to find the next investment
pay of all my family's debt and my debt. use it like an atm bank card and withdraw when needed. leave the rest in there for investment .
own 2 houses then be a snowbird!
continue investing and growing the bag
to go and visit it.
move it to litecoin.
probably a car, some other investments too
i'm there with you , buy land and get away from everything.
my mother in law just passed away. we buried her on the 12th. her funeral was paid for by her 83 year old husband's lifesavings. if shib hits the moon, i plan to give him back what he spent.
i’m moving out of america
i like to manage my own that i rent to tourist but i do not have crew to clean and maintain so i hired a company to manage it pay 10% commission pay the maintenance and cleaning. i guess this is the easiest way
i’ll throw the biggest pimp and hoes party the world has ever seen!
not ready to count chickens.
sell off half of my position and take care of my family financial issues!!!
2 chicks at once.
just a roof over my head and 3-4 doggos
get a ghostbusters proton pack and i’m good.
travel, pay off my family’s debts. cry. so much struggle for so long. damn that would be amazing if it just blows up and price reaches amazing heights.
if shiba hits .2 i would take 75% into stocks for dividends the rest would go into buying a home and an updated car nothing to fancy, then i would chill out try out some new hobbies and enjoy life mabey even pick up a part time job xd.
i plan on letting it ride 🚀 for the red planet money dont solve problems just gives you a different kind, i just want 6 car garage filled with classic oldies i can work on.
a lot of you want to do good things for your family and others...i really hope it goes to the moon and we keep our promises to help others less fortunate.
just want to raise my kid without worrying every day that we might end up homeless.
buy other shit coins with my profits
pay off debt, get decent land to build a house on and tell no one how much money i have. i've heard about those cruises around the world, might do that once covid is behind us.
retire and move to oregon to be with my kids
start up a small reptile breeding shop. i want there to be a petshop in my city that can help people and not lie. fuck petsmart
schedule an appointment with a financial advisor to see all of my options to let my money work for me.
i want to be able to farm, grow food and mentor. i would like to be able to help fund young entrepreneurs mentor programs and farm to table businesses.
i planned to use my shop profit to enrol into a course (digital)...i will ofcourse use part of it to pay for a 3years rent in advance, get myself a new laptop and a new phone, and ofcourse invest the rest on other profitable things...my opinion, shib will go far than expected, i see potentials
buy all the cat girl crypto i can afford
sold before the pump fake bought dogelon $$$$$ don’t get caught holding the bag
these wishful posts are so idiotic
just to remind. the moon looks like 0 lol
double-up on two chicks.
think you need to have a more realistic goal homie.
same. my mom has worked all her life for us and deserves to retire. i really hope it hits big!
sorry but it definitely looks like shib is not going to be 10xing or doubling any time soon. dogelon mars is the new hot shi* coin. sell your shib and buy it or regret it forever!!!!
👆the best advice. currently on that great smoky mountain rental cabin rocket to the moon myself.
so long as you can afford for someone else to manage you're good. i have a few friends who own appartment apartment complexes. they do general maintenance themselves and collect rent in-person. they say it is a massive pain in the ass and they cannot wait to unload them on someone else.
that’s a really good idea. make that money grow while you sleep!
rentals are a great idea, however, i’ll give you another idea which is mine, start a chain of halfway house’s (independent or state funded) if it’s state funded you never have to worry about the rent being paid cuz they pay a large portion of the tenants rent however if you do it independently you can run it how you want and charge as much as you want in rent! start with one house and just build on and before you know it you have 7-10 properties that are being paid by other people and when there paid off do what you want sell them as a company, sell them individually or just live off the income each month…
i’m already doing this i’m also going to do my own property management
yeah. never a better time in history or the economy to be a landlord.
100%, same here. i'm not even wanting to be greedy or anything.
same. this is going to pay off my huge credit card debt and balance my accounts to where they should be to be semi protected.
and then what are you gonna do? money isn’t everything.
you talking about alchemy?
we love you too
you're a good man, teachers need all the help they can get.
better way around is to teach parents to have respect again for teachers and have them teach the same to their offspring. parents and children have become crazy.
this. i cant wait to finally get rid of my debt that’s been weighing down on my shoulders for a while.
secure passive income first, then crush debt
the system is structured so as to incur debt. there is no escaping that as it now exists
where you gonna put shop? maybe i can take my car there-the car i buy with shiba $$
idaho is great too 😁
any idea on what business you were looking into?
your a good mother and wife!
your partner is really lucky to have you
that’s so cute 🥰 same ideas and plans except that he knows but i’m having a surprise for him. he has trouble with the app buying shiba so i bought tons of it and birthday is soon and i buy and transfer it ☺️❣️ and reinvesting and buying property to rent it. some good donations.
you know together we can start doing these right now. we have billions r
once you start making those knives you should let me know. i love collecting them and would love to buy more from small businesses.
i know this may go under "unwanted advice", but for the love of god, please do teach them the value of money, regardless of much you give them. a friend of mine had a girl whose parents were rich and she threw around money like it was nothing, which makes for apathetic humans who do not understand it how it feels when someone has zilch. no matter how rich we'll become, we should not forget where we came from, and pass that knowledge onto the next generation.
that’s would be awesome. i definitely wanna be able to live off the land so i was thinking of installing solar panels and other means to have renewable energy and garden or green house to grow my own vegetables. maybe even keep some live stock.
same man. i have all these ideas but all i know for sure if i did get a fuck ton of money i wouldn’t really know what to do except of course paying off my debt but still
definitely a part of my plan. my dad and brother both have type 1 diabetes and i want to donate to find a cure or at least a better way for them to be treated. i wish to see to see a cure in my life time.
management: can you please stop flexing at the movie theater sir? you: no.
nice man. i plan on doing the same as well, i have 2 very good friends that have always been there for me and i’d love to take em to the moon a long with all of us!!
help my brothers build their business. build an scca racer with them because they want to learn how to wrench. we have access to prime real estate for a kfc, so that will probably happen in about five to ten years. then spend my time building artesian mini mansions in remote areas on land that is too difficult for urban development. sell them as nft's if it is legal. hand restore muscle cars (but not for sale, ever. i'ma be buried in a tomb with them. they're mine forever. so do not even ask)
i’m a broke college student so ,332,278 shiba inu
lol sisters are like that, keeping it to themselves. i’m not telling any of my siblings, then when i’m driving my tesla model s, be like 🤷🏻‍♀️
same brother. i hate living paycheck to paycheck and dealing with corporate bullshit.
that’s cool man. i too would like to live off the grid and grow some of that sticky icky
yes sir! this is the way!!
as dutch van der linde once said “have some god damn faith!”
some of these people won’t approach this coin in reality. like i’ve said before, i can kinda get a good feel for the paper hands based off of the things they post in here, even if they’re posting about holding til the moon.
dodging the piss and feces like a real jungle floor.
that’s a very honorable thing. it’s always good to share blessings!
it’s honestly my best option at this point. not trying to seem like downer but the world has got me feeling down and shit and i feel like living in nature and finding some inner self peace will be in my best interest.
you could say the same about dogecoin….
owning acreage is the main goal lol i would love to be isolated from most people
u had me at build houses off the land!! hehe i am ready to get out of dodge!! tired of all the traffic, concrete, etc.
mine said the same at first but now she fully believes in us. can’t wait to take her to the moon!
this is the best fucking idea ever. i’d love to ram my car into one of them and just do that shit lmfao it’ll be the most satisfying feeling ever!
oh yeah, if this thing truly goes over the moon… i’ll be finding shiba inu pup rescues to donate to, it’s only fair.
i forgot: invest in other stocks and buy some rental properties to keep earning $
how is it idiotic?
i hope it hits really big too! so your mom retires! 😊
this is some real scum bag shit
where are you investing btw?
the s&p 500 is pretty good
if by depth you mean debt, then yes. me and my entire generation have a considerable amount of debt.
not waste it away on a bunch of dumb stuff
certainly a multi-faceted issue. definitely a both.
that's all i care about. anything more is bonus.
well there’s countries other than the us where that’s not the case.
my favorite part of the miniseries john adams, where hamilton explains to jefferson the purpose of incurring a national debt:
god no, unless it’s near sun valley. though the lower part of the state could be interesting because you could see the castle from miles away
i’d like to finally open my own dog training facility
thank you. to the moon💎🚀🌕
i hope so cause i feel like the lucky one😹 🥂 may we all get all we've dreamed of🥂
💃🥂 cheers to the future!!!🥂💃
i have made a few already, actually, just a part time thing for now but i have finished about 15 of them so far.
i also think it’s rather or even more the behaviour they adapt with money... and how they look (down) onto others. that’s important to be taught 💯 i would say!
i lost my mind the first time i had a chocolate chip cookie from wawa
love it! this is the way 🤩
when you have diabetes - pls check anthony william. his books are free and he teaches on every social media. you can get rid off it!!! 🙏🏻
this is the way! if i eat we all eat! 🌏🚀 🌙
not to mention the health problems that will eventually arise from being in a factory.
i work in a factory, and while i like my work when i'm doing well with it, i cannot stand the fact that i barely have enough to survive and save for a house that i might be able to afford a loan for in a few years
a lot more ppl said that 😏 and even god himself. and einstein said that most important is our imagination 💭😏 and i’m good at it 😌😏😉
i feel the exact same way!
ofc! that’s why my main investments are in bitcoin, ethereum and cardano. :-) .
ikr!!! this society 🥱😮‍💨🥴🤐 off grid, good people, good food, good mindset and good health make a long and happy life 😌💓
once we’re rich we’ll meet up and buy a car specifically for this then take turns rear ending bmws 😂. i’m thinking diesel truck or hummer
you’re basically counting your eggs before they hatch your sounding like the gamestop subs “im gonna be so rich when gme moass” this could literally be the top and you’re thinking it’ll go to .01 cent in a week probably thinking like this is a poor person mentality, that sounds rude and i’m sorry, but there’s not a really nice way to put it
haha totally 🙈 didn’t think about that 😁
make sure [to buy a hamster](
you can drop a million dollar in voo which is vanguard's index fund. with a guarantees 10% return a year. means you can get 100k a year with that. and your portfolio will increase in value. with very low expense at 0.03% a year. look into it.
how many divident do we get annually?
coke (ko) would be good to mix in.
can i interest you in kishu inu?
go to the actual 🌝!
dog coin to dog business. very meta.
i have a friend who does that. base yourself in a richer area and you'll make bank.
that’s really badass. i hope it all goes well once we hit the moon!!
you can trin all 10 of my dogs i want to buy from the money i make with shiba 🤣🤣🤣
only if you call shibas dog training school
this is the way! 🤛🏽
not really. people being hopeful and manifesting future success is a huge part of actually being successful by getting yourself into that mentality being too wishful? idk maybe but idiotic for manifesting success and having a positive mentality? i don’t think so. a lot of these people aren’t just holding shib they are also investing into other cryptocurrencies and stock to maximize their capital gains. being negative and a downer is a poor person mentality but hey man i wish you nothing but the best in your future endeavors.
oh i do not think it is a dividend thing, pretty sure it is an mtf but it has a pretty steady growth rate around 7% annually
is that some type of asian liquor?
floki inu is the absolute next blow
where do you buy it?
i’ll def need to dedicate it to shibas
you’re not manifesting anything you’re basically telling the world “hey i spent , please god please make this happen i’m not putting any work on my part at all, just give me what i’m asking without me legally doing any work for it” this literally ^^^^ it’s putting money on a gamble and wishful thinking. this is how poor people think. this isn’t how successful people work, not even close. i’m for being positive, but c’mon.
check out vgt 50% return in the past year and a half…
its a new crypto. . currently got 16,650,114,942.4 of my own (). its price is climbing and we are trying to get it listed on sites like ndax.io .com etc.
well we will see what happens. after elon messed doge up with snl i dont trust anything to do with him
where do we buy this
look for the community on reddit. they have better answers there
i don’t want no part of it
bringing light to any other coin just hurts the shib community. i see the potential in pump in dump there but any money going there is taking away from us potentially
how do you buy in? because gas price is heavy right now throw uniswap using eth
i'm planning on buying tomorrow, just have not found the right exchange with reasonable gas fees yet. any recommendations?
is it on coinbase yet?
get it on ndax and i will probably drop a few $. why not?
try to get it on coinbase so i can get some. 🤞🏼
where can i purchase?
where do we buy it
how to buy: trustwallet app with pancakeswap. send funds from your exchange to your trustwallet, ensure to swap your funds for bnb smartchain (if you use normal bnb you will lose funds) visit pancakeswap.finance connect wallet, send bnb smartchain to pancakeswap, then swap bnb funds for floki. it will then automatically be in your trustwallet. so: 1. ⁠download trustwallet app, set it up (ensure to activate floki on your trustwallet app; click icon on top right corner of wallet and search floki) 2. ⁠send funds from the exchange you are using (binance, coinbase etc) i use crypto.com, to trustwallet (i suggest buying bnb on your exchange to send to the wallet) 3. ⁠when your bnb or eth is in your trustwallet, swap bnb for bnb smartchain 4. ⁠on browser go to pancakeswap.finance andamp; connect wallet 5. ⁠copy wallet address from pancake wallet 6. ⁠send bnb smartchain to pancake wallet 7. ⁠swap bnb for floki, give it couple minutes to do it’s thing then floki balance will show in your trustwallet i lost £50 on my first try sending normal bnb from trustwallet to pancake wallet because i didn’t swap to smartchain bnb. so make sure 👍🏻 when you actually enable the swap transaction from bnb smartchain to floki, if it fails, put the slippage to 1% and change the last number of the amount of bnb smartchain you’re selling to 1. if you have the option of 10% slippage then just go with that
it was just a suggestion. he said he was going to invest in more crypto so i gave him a suggestion, he said no. i still post about shib too (my twitter is full of shib posts) but if people say they are interested in investing into other crypto we should give a suggestion and be open minded. thats why i left the doge community because anyone who supported any coin other than doge were harassed. they harassed me when i said i had doge and shib and said i should only have one. i chose shib since i seen the community talking not only about shib but other coins on here. you can be part of both communities and help both grow. i want to see shib to mars too.
i did this with shiba and created a gate.io account to buy shiba on there and then transfered it to my ndax account when shiba was listed on ndax. look into gate.io.
they have a few areas where its on including gate.io a lot of us are trying to get it listed on coinbase, crypto and ndax now because it is climbing and the money those sites would make now would be astronomical
webull app it is super easy
how to buy: trustwallet app with pancakeswap. send funds from your exchange to your trustwallet, ensure to swap your funds for bnb smartchain (if you use normal bnb you will lose funds) visit pancakeswap.finance connect wallet, send bnb smartchain to pancakeswap, then swap bnb funds for floki. it will then automatically be in your trustwallet. so: 1. ⁠download trustwallet app, set it up (ensure to activate floki on your trustwallet app; click icon on top right corner of wallet and search floki) 2. ⁠send funds from the exchange you are using (binance, coinbase etc i use crypto.com app) to trustwallet (i suggest buying bnb on your exchange to send to the wallet) 3. ⁠when your bnb is in your trustwallet, swap bnb for bnb smartchain 4. ⁠on browser go to pancakeswap.finance andamp; connect wallet 5. ⁠copy wallet address from pancake wallet 6. ⁠send bnb smartchain to pancake wallet 7. ⁠swap bnb for floki, give it couple minutes to do it’s thing then floki balance will show in your trustwallet i lost £50 on my first try sending normal bnb from trustwallet to pancake wallet because i didn’t swap to smartchain bnb. so make sure 👍🏻 when you actually enable the swap transaction from bnb smartchain to floki, if it fails, put the slippage to 1% and change the last number of the amount of bnb smartchain you’re selling to 1. if you have the option of 10% slippage then just go with that. or you can youtube “how to buy floki via trustwallet and pancakeswap” others are suggestion gate.io but i have no knowledge on that way
fuck you and your whole team
i get that. but it just makes people chase the dollar. if people are here just because it’s popular then i might as well go back to day trading
cheers man, which sites is it currently on then i’ll check it out?
i also have 40 mill shib dude, calm down. he said he was going to invest in more crypto so i gave him a suggestion of a rising crypto to invest in. he said no so i said okay 🤷‍♀️
most people are here to have life changing money, things that will get them out of debt, buy themselves a home etc. thats what shib and other meme based crypto are about, for the people, by the people. if it can change your life at any moment, people will cash out. thats just the reality.
the link below has their white paper with sites listed. i use gate.io like i did for shib before ndax got it then switched to ndax the moment they got shib. as a dog lover i want to own a lot of dogs...except doge, that community became toxic and they harassed me when i answered a post that said "what other coins do you hodl" and i said shib...apparently owning shib was a nono in doge community 🙄
this is the way! (that “killing thing” is dog-shit🤣)
funny how they dont even mention shib on the doge sub.
can we repost this in r?
goddamn that dog on the left is pretty damn chonky.
fellow dogers. they say shib is here to kill. shib is not. shib is here to live harmoniously with doge. let us join armies and merge to form a unique and unstoppable brotherhood and together we can walk amongst the stars. we got love. a mighty force indeed upvote = sign the pact of packs ✍️
people think it’s us vs. them. you know you can hold more than one token at a time 🏅🏅
i'm here for the community aspect. i think its great. more people should hold a variety of coins and support good ideas and each other but that is not the world we live in. especially on the internet when people hide behind avatars and act like keyboard warriors. listen... having a similar coin brand and being dubbed the dogecoin killer does not help the cause, the community aspect and having similar branding does not differentiate the brand from dogecoin or some other shib . dogecoin is dogecoin. don't be dogecoin. be unique. be different. if these coins all want to be the next bitcoin or ethereum they need to start modeling and being like them. brand awareness and acceptance and support from their respective communities, the entire crypto market and the general public can only help. the people behind them need to start being impactful and stand out with their endeavors. they all need different marketing strategies and go beyond phrases like "hodl, this is the way, to the moon, etc.
bruh y we the fat one😭
start tipping with shiba like we used to with doge.
stronger together is the message to get out. as a holder of both
got 'em both, love 'em both, hodling 'em both. in today's economy, the only sensible investment is dogs.
good job, let us change the narrative
let go to the moon
yall wanna make friends now cause your coin is cluster fucked... 🤣
i just bought more 🤗💵💵💵
and both want to touch the moon
yassssss. i don’t understand the rivalry let’s be strong together. to the moon!! 🚀💎🐕
if shib is repd by the doge on the left, damn you chonky
so true love both crypto
doge killer is going to be extremely hard to recover from! but it can be done!
sacred humble inu brotherhood
brotherhood is much better than that killer slogan
one looks more “retarded” than the other, but both are…🤷‍♂️😬
shib and doge are brothers, they are cain and abel
oh noooowww y’all wanna be nice to the doge community lol
if you want a new dog coin that will 100x, have a look at hokk. website: hokk.finance thank me later
we just fell down a set of stairs how get to moon
awesome this is what we need. someone post this on the dogearmy 😅.
of course shib is the fat slow brother
no i want war!!! r
exactly! we’re stronger together! literally the same
y’all treating shib just how btc treats doge 😂
i truly don’t get it. they are going to miss out!
they dont bad advertsing shiba. they should of said something like "doge has a new sibling" shiba shiba much wow
did already they’re doing what btc did to them to us smh
my thoughts exactly. lol
pact of packs! well said!
we can do more together than separated! one in the same shib and doge are
furr sure. i hold both.
i completely agree. in the aspect of doge and shib they are based off of the same animal. yes shib started off on the wrong foot with the statement “doge killer” which undermined the true reason for shib. i believe if shib and doge get together and coincide with each other we will see more crypto’s coming out and more of an acceptance to crypto in the general public. they cannot ignore us forever. together we can reach further than the stars.
fat meant wealth at one point in time
bruh i ain’t ever seen two pretty best friends 😂😭
me too. i buy them both on the dips.
no, shiba will do better than doge but we're still coin brothers
nah we going up again, y’all just too sour to accept others just like btc and eth 😂
plenty of room on the moon.
chonky bring the money
i mean not really. it’s not hard to simply go “damn bro that’s crazy” and the hug it out
the humblest of the pups
big money moves 👏💎
hello there jenny... lol
well no, i wasn’t here at the beginning but i made this post because it’s absolutely astonishing to me to think that doge and shib don’t get along. there’s no need for a dumb back and forth when we could literally work off of each other instead of trying to be “better” thank each other.
actually eth was the ugly step brother, doge had no competetion. doge was just doing its own thang chasing its own tail and not evening a shit about the world lol
kill them with kindness! love will always win!
now it jus means american 😆
ya siding the fake shibs or doge ?
maybe, for me and you, but this is world wide. plus this coins cap is so large it probably will not even hit .01 by 2030 ...doge on the other hand💎🙌🚀🌗
i know the shiba community was tryna say doge killer and i have both coins so it made me mad lol i was just like alright so that’s there goal
we can be the chonky best friend. lol
i’m on all the sides. we should just accept new currencies especially two that were made by “memes” and are now gaining weight. it’s stupid to be negative towards others when you were there too.
depending on the exposure and what could come of doge, i see shib right on its tail tbh. far fetched but it’s the same with doge’s coin cap. such a massive supply but doge is sitting at $.38 when everyone was saying the same thing about doge that they are about shib now.
you are forgetting how cocky the shibs were when they called their coin the "doge killer"
let’s pray...300k doge 15mil shib💎🙌
i’m not forgetting that in any manner, i’m for peace and doing this together. that should’ve never been the narrative to this currency and should’ve been to unite each other. we hold the “new” currency of the world in our hands and in our power. why not help everyone.
most people weren’t saying that. those who did were retards. most people i saw were bumming they missed the doge train and vowed it wouldn’t happen again, i don’t see much cockiness in that, just see it as a little brother imitating his big bro.
well said, end of the day we all have one goal, to bring this shitshow to the moon 🚀
i agree. i have both and in all the dips... i buy both. we all all here for the same reason... let us all get rich together. take them both to the 🌙 🚀 🚀
we’re all smooth brained retards though. that’s why we’re not financial advisors. apes together strong. doge together strong. apes and doge together?
good, you’ve done good
good, now close the app and forget about it. seriously - don’t lose sleep. just hold. it will dip, it will also come back up. it’s not going anywhere
hodl for dear life. jk. hodl until whenever you hit the moon
it's all good. sit back and relax.
hold and give yourself a better life.
apes strong together! 🦍💎🦍💎🦍💎🦍💎🦍
i feel like it is in a bull pennant right now and i think it will break upwards overnight. that's my guess so i think you are looking good
just bought 7 million shib. this plane just took offffffffffffffffff!
welcome! i bought in in august and spent ,000,000 😁
what you e done is make the smartest decision of your young life
you have set your place in history as one and many who took a chance to make their lives better
low, deep voice from the clouds yells back “you have done well my son. enjoy the bountiful opportunity i have laid for you”
what you did was make money
you sir did the exact right thing and we welcome you to the club.
it’s only only money
girlfriend suggested i cash it in to help pay for the wedding and i told her no we're holding!
no times a bad time. thank you
welcome to your future...!!!!
hold on and enjoy!
👍🏼 good job. congratulations.
i got in late spent ,000 on 900,000,000.
tragic! instead of making a shit fuck ton of money, you're merely gonna make a ton of money.
you've created a monster, nobody wants to see doge no more. they want shiba, he is chop liver.
i just got 700,000,000 coins aswell... first time buying crypto. i am excited
i bought 7.5m this morning at .00005. only had . come on baby, to the moon!!!
it will dip. you'll feel awful. h0dl. it will come back and with more and more surges. well done.
i was lucky enough to get in at 26, anyone who gets in now while shiba is at .0000. is going to rocket tf outa here to pluto!
hold it dont sell trust shiba
advice . as your first purchase you’ve bought a great coin. i bought my first purchase of shib right before the boom at .000008 and i’m already 10x my money. but don’t start stressing over every price drop or increase whether it’s 10% or 20% or even 50% this isn’t a short term thing. keep your money in do not sell only add if you want but don’t sell . this coin is going to eventually hit a penny and take off from there and that’s when you’ll hit a goal high enough to sell . try not to stress yourself out and keep your eye on it every 30 mins just let it do it’s thing
i just want to send my newborn to college…with a lambo
stake them to create more shiba. this way you won’t be tempted to sell during times of dips. congrats for taking the leap of faith.
welcome to your first lesson in trickery
you took your first step to achieving finacial freedom
may god fulfill your dreams and financial goals
set it and forget it!
the classic rookie move
dropped another g this afternoon at 75. already seeing the return on that. i pussied out lay weekend and sold 50 mill. but i'm back up to 100mil. lost some cash but found my balls
would you get a silver or red ferrari? doesn’t matter, you can get them both !
won’t go that much lower anymore
hold in for dear life bro!
oh man can someone come up with a fomo-esque acronym for "wishes i had bought more when it was cheap"? like post fomo-fomo? or ultra-fomo? not making fun in the slightest, i am feeling it
damn !?!? i bought .000027 = 10,599,688 and i’m at ’t wait to see what the future brings...
first time. turn off your phone and go to bed! you will thank me later
there's a possibility it will go down 50% or so next week but it will explode thereafter. community strength
got it at .0000017 😎
yesss dropping, i’m buying again.
just bought ...hold me
shut up and hold. u will wake up fine. just put
as long as you can afford to lose it. the worst i can happen is you hold and lose all your money. i what could happen, though, is you hold and make a boatload of money. that’s a risk worth taking.
watch it more than double by next week. but do not make the mistake of selling because you will never have that buy price again.
i bought 10 mil shibs for .
ur gonna be happy with the results
welcome to the casino sir.
pray it doesn’t lose hype.
nice, it is going to shed a zero soon!
you’re betting on a better future! well done sir! you can also have some of your pc power turn in shib coins too! come over to r!
and now your at a loss
what you have done is secure your beach house… hodl!!!
i have ,000 invested with my father (). our ave is .00025 so we are at about ,000 right now. this stock is going to make us lots of money. we both agreed no sale until at least . that is going to force us to stay in, through all the highs and lows. this is the way. good luck
that’s how much i have but i spent
welcome aboard the tendie train
congrats surprised it went through gonna try buy some more too
congratulations you are on profit already
this is the way! hodl!!
you made money already
this is the eye of the storm, perfect timing imo
early adopter too i see. well done
now is the time to get in!!!
hold on for the ride. 1 cent a piece will make you a lot of money.
welcome to the ride
welcome ! we have fun here - enjoy the community. very funny folks on here !
just hold on it and hold tight as this is going to be a very bumpy ride to the moon 🚀
that there...is the way.
relax and hodl my young grasshopper
you made the right choice at a good time, that is what you did. congrats
nice! convinced my mom to throw some in at .000083! i bought at .000025 but hopefully she’ll have a good return.
wishing you the best success
better now than later!
hey we eat a zero you make a profit period
unless , just sit back and hold. don't do anything - just make it a policy to hold and you'll never be tempted to.
you invested in your future, your millionaire future self will thank you
you've done something awesome. bought another million myself today👌
going to the moon
i've noticed people tend to regret selling, not buying
relax. you did good. buy what you can when you can and you’ll be ok. just don’t spend the rent money !
you’ve chosen the red pill.
now let’s do the next step. let’s make musk buy shiba inu
god is watching. i mean dog is watching
god is with that dog.
nice brah!!! to the mf moon!!!!!
i invested 18 dollars like 3 months ago i’m at about 250 now couple more doubles and i’ll be at a couple thousands remember 1 million is 9 doubles of 1000
good luck buddy! you got this
welcome my new millionaire friend!!!!!!!!!!!!!
when it crashes it will go down like a frozen turd in a blizzard
just bought shib at 0.000084 for 's left in my old binance account... received 400 thousand something. now let us it running wild for a couple of months
fortune favors the bold
if it goes down just buy a bunch more
just matched you !
welcome to the shiba army!
next step: hodl! oh and everyone checking the price every 30 minutes to an hour if you’re just watching it go up maybe stay off of it so more people can buy without crashing the apps servers. i’ve seen a few posts about servers for apps crashing and we need them to get on board with us so if we can let’s just let our money grow and check less often maybe? hodl!!
nice! god is a member of the shibarmy so you alright!
i bought in june and added 1 mil yesterday for a total of just over 27 mil. holding for the long haul. .
welcome on the trip to the moon my friend it gonna be a wild ride
have around 200mil …. got in for 😂😂😂😂. now it’s almost 20k. i’ll throw another grand in the mix if it eats a zero tomorrow.
i just bought more at .000084
welcome to the club 🙏🙏
i bought 3 mil at 254 about 3 hours ago. i should’ve bought when my friend did back in march. she spent about the same about and she’s around 2k
i'm at 3million something. i keep adding when i can
me too!! bought !100 at .000044 then another .000073….then went all in with another .000077
mines up to 8.3 mil
that market cap is screaming come on baby lite my fire.
i hesitate to call this “investing”. more like gambling. nevertheless, welcome to the club!!! 🚀🚀🚀🦍🦍🦍
you’re smart. that’s it, you’re smart. hold!
should i buy or hold ?🤔
uh oh. let's hope the morning is kind to you.
so we’re in the same boat
it's hodl money now. just sit and forget.
i bought .11 million shibainu coins.
ya done good ! alright !!!
lol you missed the 5775 dip? yicks
welcome to the party!
what app can i buy this i need help
you've done good my fren
just hold now and wait.
congratulations. you are now a millionaire.
wow. i bought 15million about 6 months ago for £100 (). feel lucky to got in when i did, only wish i had bought more. (i’ve bought another 2mill recently)
got in for . roughly 7.5 million coins worth around . to me it is like a long term lotto ticket. i'll give it 5 years or until it gets high enough to retire. if it does not happen i lose , if it approaches .10 and beyond i'll be a happy man. my total crypto investment as of right now is , and i've tripled that already. whatever happens it is gonna be a fun ride.
just want to bring up that when shib dips, do not freak, because that does happen. think of the dip as a means to buy more for cheaper for when shib does go up in price. when shib does go past what your initial investments were, that'll feel amazing.
as long as you hodl, you're good.
bro i just did the same hodl😎
you did right! gohogo army
strap on , the rollercoaster is crazy
i cannot belive . i have 10m coins and paid £15. madness! holding to a million £ 🚀🚀🚀
been there done that. just hold it! i made the same mistake when i first bought crypto, if you sell you lose!! so just hold🤌
you will have much more than that, you’re going to the moon🚀
😂😂😂😂😂😂😂🤣🤣🤣🤣🤣 na bro...do not stress. you in it to win it. wait two years bro. then you will start calling yourself a genius.
i remember buying at 0.000007 thinking "aw fuck, i should have bought at 0.000004. spoiler: it does not really matter that much in the long run. stay calm and hodl. come back in a year to see another 10x and all of a sudden you look back at your panicked self thinking "why did i ever worry about such small things???".
a wise man once said don’t invest crypto in fomo...
i just joined the cult. first crypto 💎💎💎
this will go back up so do not panic
welcome to the shib train! now just sit back and enjoy the ride!
so so grateful guys...
great job. tbh you wont regret it leave it for long term investment just sit back and enjoy the show.
i’m the opposite… dear god, why did i sell my 100mil shib this past july.😭😭😭
so now go to shiba swap and stake it and earn at the minimum 4%. if you pair it with eth right now they’re paying 51%. and people say there is no use case. it’s the case that i could use a fifty percent interest rate!! go shibaarmy!!!!!
damn i didn’t know people buy at all time highs 😂😂😂😂
no hodl on to it….do not panic sell
number 1 worst habit is being impatience lack of research can be solved by patience!
the shiba salute to you and god shines his light on us welcome to the team and congrats soon to be millionaire!!!!
😂😂😂😂. stop worrying cut it out it will go back up
one of us. one of us
dont worry man, you'll be fine! just keep calm and hodl.
the time i spend 800 i got about 100 million shiba
crazy to think i spent
just hodl and forget. you wake up one day millionaire.
as long as it was not your babies milk money you will be ok don’t panic. sacblacknation.com
you will be fine. this is crypto if can not stand the dips get out.
lol, you did not invest, you gambled and you lost. change your mindset to investment then review it in 3-6 months, or even a year. an investment is complex and evolves and expands over time with many ups and downs. a gamble is short-term and simple - roll the dice - you win or lose, quickly. give your investment some time.
i hope you were drinking again….
first time invested sold early at 3.4 when i bought at 2.4 for .4 when it rose to 8.8 been punching air for days
so how do you do?
fomo bro. you about to get rekt. hope you can afford it bro because you be waiting a long time to see any real profit.
i'm trying to buy .01eth... is this correct?
like a wise man once said. to infinity and beyond! - rocky balboa
yes now dca ahead
people should employ that logic with all of crypto... if i just had forgot i owned every crypto i ever bought instead of selling and buying others etc... i would be a millionaire right now... definitely not making that mistake again. i have my regular portfolio but i have about 500 worth of shib thati’m going to not even look at unless i’m buying more
what makes one confident that the next dip doesn’t trigger the wave of euphoria to pop and folks say we’ll that was fun… next toy up! is it that this still has room to be a useful play toy (aka cut a few 0s)? do you believe in the long term value of the coin or is it just to play with whatever is hot? trying to understand others view point on this!
what is the lowest it will dip?
good advice. leave it, and relax.
ats gang yee yee. johnjamesramboiii
when i checked the balance last night i made a gasp that woke up the wife. not sure what will happen tonight if we do it again; i've doubled my position and now i'm a full on addict.
it’s gonna drop in the am
i bought like 4 days ago at .000026 and got the same amount for ’m at + after rolling my doge into shib to secure 10mil 🔥 we’re the smartest retards on this ship
cost me 76$. amazing to see how high it’s gotten !
same! i bought 12.500.000 for .
is that you god???
scared to say what you really want to say? bitch.
don’t get married she’s gonna take half bro ... she’s already trying control you … runn
how dare she! she can put her on money in and help pay for the wedding!!
ah yes, family planning comes in first
hah, i do not know if i'm that big of a diamond hand would cream my pants at 0.0025
second step is to make musk buy it
will after my next paycheck. still got races to pay for tho so can’t go all in yet😂
i got another 1.3 mill. 11.5 million for 900
buy buy buy… nows to the time to eat a whale! harpoon that sucker and eat him for dinner…
nice work homie. i wasn’t able to link my bank account till this afternoon so i missed out on a lot 😢 oh well. still more to come
me too i have 10 mill but if got mine for
that’s how much i spent, but i’m at 3k😊
just added another 1.5 million lmao. when it hit .000072 i was like fuck it. i’ll thank myself in the morning
lol hoping for the best. not looking good now but we’ll see😂
what country are you in?
well they do when they don’t know what they’re doing 💀
doge hater in the house. you have the stink of it all over you. instead of talking bitter shit why don’t you just buy some shib. nowhere near a penny yet.
what is dca? i’m new.
this, i had the same history , now im just looking at the number rise and drop , still dont get how people with lets say 20k in there look at them digits go up and down , im like damn i coulda made another 40 dollars of shib on that drop if i sold :d, my solution is this , i hold my long term on cb , and took a small portion of it just to mess with on pro, im on house money now anyways but still dont wanna loose my shibs :)
imagine selling 5btc for og's feel your pain ... lol
personally, i see this having a lot of upside with very little downside, and i think skeptics could potentially miss something huge with shiba. there are 3 catalysts on the horizon that will continue to rocket the momentum of shiba. 1. the community. if thousands of people buy a coin (or product) and decide that is what they are going to stand behind, then that product has value. saw it with doge, safemoon, gme, amc etc. hype matters. 2 burning coins. there are multiple ways to reduce the circulating supply, some are on going (such as spotify playlists that burn coins, users sending to dead wallets, etc), but what we are really looking for is a burn from the developers that take trillions out of supply, thus lowering the amount available and raising the value of each one. they have done it before, there’s no reason to think they won’t again. 3. robinhood. and they aren’t the only player that has not yet jumped on the shiba bandwagon. cash app, venmo, etc. if popular platforms decide to list shiba it will only bring it to the masses at a accelerated rate. robinhood is a huge platform with millions of users - and despite their past atrocities in dealing with investors, a listing from them will be huge. they haven’t confirmed anything yet - but if you follow the numbers, it would be financially irresponsible from them as a company not to list it which is why i am optimistic.
yeah unless he plans on selling, nothing to worry about.
now you gotta get some shib paraphernalia to help with the addiction.
now you gotta make your wife gasp with that crypto d my guy! i traded all of my doge for shiba, bows are chance to be millionaires!
probably as the other markets turn around... i don’t think it’s a coincidence that shib pumps when the rest dump... i do think there’s many more pumps in shibes future
man! i heard about shiba months ago. just never looked into it. i bought .000027 and it gave me 10,599,688. to the moooonn
shouldn't this guy be in the conservative thread?
just don’t panic sell if and when it dips. that’s what messed me up when i started investing. not financial advice
sheesh when are you selling?
i like to buy the dip and wait for the bounce back! all good :)
i will be buying shib in the future. that is certainly possible. i do not own any doge but will probably purchase some in the future. hope you can stop making wild assumptions bro and apologise to me.
dollar cost average but my guy or gal, you should learn a lot about investing 101 google get there. too much knowledge on there internet to be living in the dark
how exactly do you approach selling? do you take into account the coinbase fee? do you sell it all the. just rebuy after taking the profit?
needed this, thank you! i bought in last month , as of this morning it was ,430. i was up , i said fuck it and just converted that all to shiba. my total ,500 fiat investment's value topped out at ,835 3hrs ago, and that shits diving hardcore now . close the app. close the app. itll come back. itll come back. ...right? cant let 2016s "sell that !!" repeat.
thank you for this amazing response! i personally saw as a pretty big event but didn’t consider . new to this forum so all these posts “will burn for doing xyz” make a lot more sense. cheers!
definitely needed this rationalisation!
we’re not done. i’m a fan of crypto hokey pokey. you put your income in your take your income out. you put your income in and gain all about
ima be deadass bro. i have no idea what i’m doing lmao
sure, right after you apologize to the op for trolling him the way i just trolled you mr. thin skinned loves to thish and can’t take.
wrong, sir. this is a casino!
on pro its a normal fee rather than fixed, im just growing shiba numbers, i most time do increments in buying back , like this drop rn i have 3 buy orders waiting, i had 2 hit already and one is another good ways down , its been dropping by up to 30-40 percent so i didnt see why this high would be different , the thing is its just alot more numbers when it moves down now but percentage wise its the same shit
that personally to me, does not seem wise if it does start crashing upwards of 50-70%. you cannot compare shib to bitcoin. they are not even remotely similar, even from a fundamental standpoint. many of you are new to this game. cryptos come, and cryptos go. bitcoin always remains. no one knew back then what btc would do either, if you told them today's price back then they would've thought you were nuts. i have been in the game since 2012. i also wish i never sold the btc i bought for \~. i bought it at . a 2x gain, in my opinion, is always a good time to tp.} but there is an even better strategy. locking that shit away from where you cannot easily cash it out and just wait 2 or 3 years and forget about it. if i had done that with every crypto i've ever invested in, i'd be a very, very rich man. quite possibly the next jeff bezos. no one knew back then what btc would do either, if you told them today's price back then they would've thought you were nuts. i've been in the game since 2012. i also wish i never sold the btc i bought for \~. i sold it for a 5x profit, but obviously if i had waited 10 years... who has that kind of foresight though? no one. by all means, if you have that much faith in it, and that amount of money does not mean much to you, keep holding on for dear life. if not, then take your damn profits and buy the next dip. lol but none of us have the gift of foresight and trying to time the market is deadly. hodling is hands down the best strategy if you want long term gains. good luck!
it will come back…we are only in the first inning of shiba.
community is what shot dogecoin to .72 when people were swearing doge would never ever pass .10. dogecoin's subreddit has over a million subs, we have 1. if hype builds then the price will skyrocket and we'll eat another zero.
i am not trolling bro and if you were trolling me then you need to go back to troll school.
so you basically set limits for when it dips to certain levels? if you allocate how much you’re putting in during each drop correctly you can make a lot of money doing it that way
i felt like i read this twice...
the simplest and best advice one can ever give.
we were so close to eating that 0 but we’re dipping. however 🚀🚀🚀🚀🚀🚀💎💎💎💎💎💎💎
what’s next? i’m rubber your glue. seriously dude. you talked shit, got shit talked back to, and now you’re crying. maybe this place is too mature for you.
yeah i'm not doing it with much and the gains i make i just add to the bag, i do not need the fiat luckily for the foreseeable future.
i am not crying bro. you continue to make incorrect assumptions about me bro. what i will tell you is that i am op and i am making comments on my own post with an alt. congrats bro you played yourself.
lmao. yeah, i played myself. you sure got me mr. i’m trolling myself and that’s perfectly sane. thanks for the entertainment
are there any game developers out there that could make a game for us to burn shib? i would donate if there if such a thing going on.
we need to burn trillions
just need a whale to send a few trillion to a burn address by mistake. that would "never" happen by the end of 2021. ;-)
0.0000018% of the circulating supply
we create a shib lottery. every entry has to send 1 million shib. once the pot gets up to 1 trillion the winner is announced and the winner wins 1 billion shib, the rest is burned. we hodl a lottery every day.
how is it getting burned
may i ask what is burn meaning
not enough. it wasn’t even a drop in the bucket. shib team should burn 75% of the uncirculated coins in a dead wallet not investors. the had done it before when they sent a large amount to vitalik, to burn them in a dead wallet, they can do it again.
i'll burn my phone that should help
post vitalik buterin burn more shib
links to shib burn playlists.
curious why the creator would put out so many coins at once like this. yes, i’m new but i want to learn.
should burn 10 billion. btc has only 21 million total… satoshi is an absolute genius on creating a finite supply alone.
currently playing the spotify playlist on my pc at home while i’m out 🤘🏻
549,000 days of this burn rate and shib will reach the moon!!!!!!
where can we track how much is being burned everyday?
when developers create these coins how come they create 1 quadrillion in the beginning then start burning? why not create a smaller supply from the beginning?
only 100 trillion to go to make real difference
that’s essentially a drop in the bucket. a quadrillion is 1000 trillions lol
i'm an idiot read that wrong. 1 billion am not a bad thing.
at that rate we ate only 26.5years away from making real money...
need to burn 1 trillion per day
how do you track this ?
10 billion a day takes 10 years to burn 36.5t ... 100 yrs 365t... in 230t to go
once games and other projects come online it will be a force multiplier
the 5.7 billion whale has to burn. the price dropped like a cinderblock when they moved 30 trillion, imagine what would happen to the price if they burned half of what is in their main wallet?
get more ppl to listen to the shib burn list, that’ll help burn a fuck ton if we can get another 100k ppl listening
from which source can we find this info?
not till i buy in the deep i want
drop in the bucket
shib holder are in huge profit excluding me.
i want to see the world burn 🔥
shoulda been 10… getting closer though.
wow at that rate we will all be millionaire's in only 12,328 years.
donate the coin to suicide hotline
you all can burn your token at my address
gotta start somewhere! 1 billion is better than 1 million. it will rise! give it a little time!
the shiba team are coming up.with better and faster ways to burn as we speak i'm sure
buy the dip and hold!
we don’t need no water let the m*___f*__ 🔥
baby steps dude… any burning is good. don’t knock it.
that's like 1 trillion every 25 years lfg!💯💯
who’s putting this game together then??
how do i specifically contribute to burning shib ? i’m holding because i’m poor, i can’t afford to throw my own coins into a dead wallet
have access to coins that can be transferred (thus, nothing like webull, need something else, like voyager) buy + applicable transaction fee for transfer to burn send the above wallet is the burn wallet where coins go to die circulating coins drop price increases your + at 0.01 or higher, negating the loss incurred to initiate the burn rally 325,000,000 people to do this - spread the word! ??? profit
when 100 trillion is burned i’ll celebrate not till then (of current remaining supply)
some people just want to watch the shib burn
its still gaining traction and building momentum... all of you impatient people trying get rich quick need to just settle down... itll come but all of you being whiny is getting really old ima about to sell everything and never look back this community is toxic
we need a few million more hodlers..., burning is just a small part of shiba successfully going up in price
how you burn you wallet?
only 59 trillion to go.
how about 10 shiba inu dog around 1 helpless doge. imagine what the doge lover feel now days.
burn is cool but buy and market cap are better from my perspective
what does that mean new to crypto
i am working on game project
soon you will have the game before christmas
how do you burn the coin? is it possible we can implement reflections too burn faster like safemoon?
we need to have more burned! regardless... lfg!! 🚀💎🚀💎
wow. at this rate i’ll be able to buy a powder blue nissan stanza with my 500,000,000 coins
letz create a virtual shiba inu planet
and they doubt us
i agree, and this is not meant to rhyme but. there are 1 miliion billion in 1 quadrillion. i'm tired and my brain shuts down and will not allow me to figure what that equals as a percentage but its tiny.
sounds good. need to create a shibu inu build a bear.
elon mosk is trying buy more as soon as he sells tesla stocks
this thing seems like it is only headed up, the only obstacle is time
it’s just a megaphone pattern. they can easily breakout to either the upside or the downside. however bitcoin will break out sometime this month. with the bitcoin breakout will be a major buy time if they are actually doing their jobs and putting it very long long effort because to reach .02 cents. edit: wait what? i didn’t write that. i must be on some strong shit.
or perhaps shiba simply punching elon musk. just a stress relief kinda game. again a wild guess.
considering there is only 29 percent that is not locked up in a burn or crypto platform wallet we can actually burn enough of this token to make a difference! let's go shibarmy! burn shib for free by using any of these playlists -
if everyone holding donated , then we could burn 200 billion this month. but that is a good amount of money for some people. . that is a small dent, but over time it snowballs
design it like the old school doom
it's a meme coin right? should have a meme generator system and when it is used, burns some coins. that would give it a purpose as well as make it fun. coins will be gone in no time lol
1000 billion in a trillion. plus 400+ trillion tokens o. it will be decades before enough is burned to really matter. what's your point?
just 9 years to go...
we need to burn trillions.
change that to trillion and i’ll be interested
you tube, spotify, apple music, tidal search shibburner playlist. listen and burn
when 100 trillion is burned i’ll celebrate not till then
question from someone who has no clue what is going on. how does one burn shib and how is it beneficial?
i was thinking and i'm somewhat of a newbie. if shib reaches the same cs of doge can we potentially reach above 10c like doge? just a question
someone has .7 billions in shiba in his wallet. he could burn half of it (several trillions) and we all are going to benefit from it. why poor guys like us have to burn coins while developers already have billions of us $
cool. now we just need 100,000 people to burn a billion each.
how bout we call it racist and the media will spread it for us 🤯
lol, a coin has to consume itself to generate profit. excellent business model.
sweet! only 500,000 more billions to go!
if you guys are missed shiba now is time for dogelon mars 💰💰💰💰💰💰
just a side note to everyone who wants to make something to burn shiba tokens...has it occurred to you that there were too many coins minted in the first place? just a thought that i'm putting out there.
we need to burn trillions a day.
need to burn 10 billion a day to do anything in the near future...
how about the devs just take half the supply through the money they made off it as the creators who have made 3 million percent off our money and they buy and burn half the supply🥳
what does any of this mean. is burn rate good or ba d
what does it mean to burn shiba?
i billion dollars in shib burned or 1 billion shib coins?
receipts? plus 1 billion of 0.5 trillion...
well, since we have much more than 1 quintillion tokens, we could burn 1 billion tokens for years and not even make a dent in the total number of tokens. we need to burn 100's of billions a day for this "burning" to make any difference at all.
could you please tell me gyus wether i can storage my shib at the ledger nano s? i'm new here and cannot understand some stuff yet. i bought shib at binance and now i'd like to send it to ledger wallet. thanx in advance
wouldn't another way to burn them be to spend a ridiculous amount of them on a single nft? or does burning specifically refer to sending them to dead wallets to decrease shiba supply and increase its demand? and what about buying shiba and converting it to ethereum, would that have the same effect as taking shiba out of circulation? i have only recently taken the dive and started to buy crypto and i'm slowly figuring out how to be an nft artist and i'm not entirely sure of the technical specifics here and how they are impacted by economics. honestly i just bought some shib because i like the name and i'd be happy to sell art for it too lol
great. man 1 billion?!?!
buy leash! shiba asset
shib, saitama, mononoke inu and shiryo inu is life
i’ve been playing the spotify playlist!
thats great we will hit the moon soon
make some shib card game. kinds like hearthstone. i'd definitely play that.
what is burn rate?
the burn is so undervauled 🔥 👌 😍 🤧 😤 😳 🔥
can anyone explain how coins are burned
runescape shib burn!!! lol nah but in all seriousness i’m curious to how crypto burn works, guess i’m gonna do some research on it throughout the week. i’m assuming money is made off of something and then a percentage of, if not all of that revenue is used to buy&burn shiba inu. with no knowledge to how cypto burns work, i think it’d be interesting to look at how things burn in nature and somehow think of a way to innovate off that. like the sun has been burning for a fucking long time, and we have a lot of fucking coins to burn, idk i’m high it’s just kinda where my heads at. whatever happens the burn should be able to grow exponentially to knock out trillions of shib over a longer duration
i wish the price would go up.
too bad that shiba is not in gaming. there are crypto currencies that gamers use.
then why is the price keep going down
at 10 billion a day the burn would take ~75-100 years.
buy buy buy, just hit a dip! get in now!
i agree not even a dent if total supply (not withstanding the burn to date) given the quadrillion overall.
burn 98% of shibs
it’s nothing, the coins in the market 400 trillions you need to burn trillions of coins
let burger king burn the shiba inu by buying their whoppers and fries every fucking day
shib is done. accept it... pump and dump coin
shib hype is gone ... i’m moving on but holding my shib 🤷🏾‍♂️
come up with a good idea for it and i'd make it
i can imagine casinos adopting crypto sponsored slot machines that burn part of the jackpot and cost to play. would be cool if you could just scan your wallet to play. we could call it the shiba burn pot.
a casino game, like blackjack, for example: you bet 1,000,000 if you win you get even money but if you lose we just burn the shib💯
i would genuinely and without remorse play a game like that and just pump shiba in to burn
i heard there was some spotify playlist that burns shib as you listen. idk if true though
the problem with an idea like this is the gas prices on eth blockchain... sure, you'd burn shib but you're gonna pay ridiculous transaction fees... it'd be cheaper to just call the shib smart contract's burn function directly if possible
great idea! i was thinking of making a movie and uploading it to prime video. all profits i make go to burning shib. i think amazon only pay 0.01 per hour streamed but every little helps i guess.
ufo gaming token ;)
agreed. 100 million’t going to cut it
i’m confident the shib team will find other creative ways to burn through the supply at a higher rate.
at the rate we're burning, it would take over 100 years to burn enough to make even a small percentage of a difference in the price of shiba.
if everyone burned their staking earnings we could make more progress?
no joke this is a great idea. i’d enter. maybe with different math though
i did the math. we’ll need 1 million entries……maybe we make it a weekly drawing.
make a post about this so more people see it
super idea at a cool t you could have several winners of different sizes vr medium or high stakes poker tourneys with only shib as the currency entry fee in dollars goes to buy and burn
i actually like this idea a lot and i'm not usually one to get behind these kinds of ideas edit: at that math, it would literally be 1 in a million chance of winning... but the reward wouldn't be that good. maybe make the entry fee 100,000 or 500,000 shib. either way, i like the idea
it means shib gets sent to a dead wallet. it's similar to a stock buyback.
in economic terms its called supply vs demand, the higher the demand and the less supply the more valuable, the more supply there is and not enough demand it is not very valuable. look at gtr skylines the supply is set they are not making anymore gtr so what's left is left, and a sudden surge of demand for them shot them to like 150-200k to buy now in this concept burning is like setting the gtr on fire, crashing them, been used in the chop shop etc. if 1000 gtr was ever made and there is 1000 buyers they would all get one, but let us say there're 500 of them that got written off then it makes the remaining 500 even rarer because there is less supply that can be bought, those 1000 people now have to fight to buy the remaining 500 gtr so immediately they are worth twice as much. hope that makes sense.
go look at shibburn.com
they do this to make the tokens extremely cheap to purchase. in doing so, so many more people can afford to buy the tokens and the amount of tokens purchased per dollar is so much greater. it's mainly a perception thing. beyond that they make these tokens deflationary, meaning that they will burn them, over time, to slowly decrease the amount in circulation, thus increasing each tokens value. it gives people hope that one day their tokens will be worth enough to make them rich. very few of us will ever become rich off of these tokens, but it is not impossible to at least increase your value enough to make a really good chunk of money. if you invest 100 dollars, it is possible that one day it could be worth thousand or 10s of thousands. some tokens if you buy early enough and you have good luck, it could be worth so much more. very much like the person who bought ,000 worth and became a billionaire. imagine if you had bought .50 per token. well, those 1k tokens would have been worth a lot at ,000 per token.
cryochamber here i come!
more coins equal cheaper coins when the coin hits the market would be my guess
i’m long with 110 million coins but this coin made people stupid rich already they said and initial investment of 1000, just to add some prespective
yup, burn rate needs to increase substantially
will probably be a way better return than a rrsp 🤷‍♂️
well, most of us investors in shiba are young people, so it’s ain’t that bad that we become multi-millionaires during our mid-50s lol.
i have no doubt the developers are working on ways to massively juice the burn rate as we speak. also the community could independently organize to do much more earlier than that.
this is a good in-between, not a meaningless level of burning but also not unsustainably burning everything
the price dropped because of him?
what huge drop? it's still up from last month.
price wise? it’s a meme coin and people are losing interest.
meaning sent to a dead wallet (a wallet containing shib that will never and, in fact, cannot, be used). think of it like a company doing a stock buyback. those shares are gone forever.
only way to burn is to send to dead wallet.
listen to burn playlist on spotify, youtube. tell your friends and family to.
agreed. this rate will barely make a dent in total supply
this is the burn wallet address:
oh yes i bum 75 builon
reduction in total circulating supply.
that the burn rate needs to increase substantially if it’s going to have an impact on circulating supply
unless the burn rate increases!
you burn shib by sending it to a dead wallet. the result is that amount of shib is permanently taken out of the circulating supply. that, in theory, increases the value of the token since supply has decreased.
if other factors line up, then i don’t see why not
i mean at first i was like hell no… but then i was like you have a point 😂😂😂
1 down, 499,999 left to go
that’s way too much lmao
burning shib is good because it reduces circulating supply which theoretically increases price
sending shib to dead wallet
the starting supply was 1 quadrillion, certainly not 1 quintillion. currently circulating supply is around 500 trillion.
the rate at which shib is permanently removed from circulating supply
**burn rate is the rate at which a company is losing money. it is typically expressed in monthly terms.** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(delete)]( ^() [^(report)]( ^() [^(github)](
to get rid of the entire supply, yes, but that’s not the goal lol
a pacman arcade kind of game , but instead of eating dots we could eat shiba inu , one dot =one shib , same type of bonus rounds 2x 3x shib 👾👾👾🎮📺
how about those storm the shores style game where the objective is to decimate the troops with a 50 cal. as the gamer climbs levels and difficulty the coin percentage is burned
. snowball fight like game but instead of snowballs, you throw shiba . vr strip club that only always you to throw shiba
shiba inu dog -v- dogecoin dog battles. where shibas always win of course 😉
an rpg puzzle game where you play as a shiba inu named shib. can use shib to purchase in game shib to buy custom outfits and power ups in game as well as unlock special puzzles. the further you progress the more characters you unlock, different adorable animals or some such. half the shib used to purchase gets burned, half goes to dev wallets.
remember “ asteroids “ the game of the 80’s
that would be amazing. i've always thought a bubble burst, mahjong or solitaire style game could work. using shib, leash and bone tokens as icons. i might be totally biased though since i like those games. what do you think? i just like to play them and believe in shib and the power of the army . i also know nothing about ad revenue and how that would all work . are you experienced in that area?
revive neopets,integrate the games that neopets has and there coins for burning shiba.
mmorpg massive online multiplayer game people spend a lot in those or rdr kind of games call of duty type etc high stakes poker with shib only (using traditional vr, new vr in metaverse, or regular tech) gambling games (maybe in conjunction with one of the nations that has rights ) health games - award shib for walking, running the more miles certain regions total up the more shib goes to charity - just a step counting app on phone tied to group tracking something that makes a group and involves spending and fun switching to more marketing but fun uses... partner with peleton - they give shib for people who hit 20 workouts a month etc, easy way to market and reward shib would be excellent for rewards not just payments. it is cheap for companies to own a bunch of shib and send out small amounts as rewards. we could have second wallets to receive rewards and keep our main wallet private.
the static speaks my name.
isometric 2d shooter, galaga. you explore dungeons on hostile planets in search of stashes of shib. different weapons, and basic consumable items. once you find the shib on one planet, you have to duke it out in space against hoards of numerous but virtually inept pilots who fly in patterns but do not understand strategy (like in galaga) on your way to other planets with shib stashes.
casino style slots or table games… you win you get shib you lose (house wins) shib gets burn.
create a beachhead style game where you mow people down but instead of people, make it shib coins and instead of bullets, make it like lazer beams and instead of the beach, make it like the moon or in space. i'm high and this is my highdea! lol
make a good tower defence game with purchasable boosts to kill the invading army of robotic shiba inu. the purchased boosts burn shib.
or perhaps shibu being terrorised by dog treat as villains sort of concept. dog treat - you have eaten ya for so long, now it’s our turn. just a wild guess !!!
the pacman is great, but let’s make it a shibainu who eats zeros instead of yellow dots
like asteroids! but each “asteroid” is only worth half a token. keeps people playing longer and has the game progresses you get 2x,3x and more
first person shooter. that would be tight.
can we use ue4? i'll colab.
just a slot machine. or texas hold ‘em or any type of gambling where people can win but the odds are stacked in the houses favor. only in this case the house is a dead wallet.
i know nothing about creating games...is it possible for some type of gambling game in the future? texas hold em or blackjack etc... where we can gamble online with crypto.
start off small man, one thing at a time, they have got alot planned in the future, if everyone turned millionaire over night then everyone would pull out too given the circumstances. all you guys prob bought at the ath or only put in like
yes that is what i was gonna say to. shiba team got plans 💪
i hope they have something planned that makes 0.01 and higher sound more realistic.
i’ve thought about that. it’s a great idea. the problem is actual practice though. few would probably ever actually be willing to burn them
burn your whole wallet
where can you stake shib? and how?
haha, definitely with different math.
we would need to make it a thing a webpage 🤷‍♀️
i dont really understand this method... like sending thr coins to thr grave ?
what is a dead wallet? like how do we know no one will ever use it?
u are correct. it literally says it on shib website.
i have mine set max aggressive
what is this you speak of?
there is a playlist you can listen to and every song you listen to they take a portion of the profit, buy shib and burn it than post the transaction on the twitter account to prove it
why would someone do this?
so burned means "🤣🤣"
so buy, send, buy, send. i’m too poor for that shit
cool. thanks for the input. next question. how to send it to a dead wallet?
what kind of factors, if you dont mind enlightening me
we gotta start calling their bluffs only crazy racist would say half the thing people like the media does under the guise of news. so are they saying that every day the “news”“”is if you’re a republican who wins any race is because he or she supports white supremacy even if the person is black there now portrayed as a ventriloquist for white supremacist sounds a whole lot to me like the democrats don’t want the black people getting off the voter chain gang. that’s what it comes down to their losing black people left and right so what’s the next outcome let’s just open the border and instead of actually trying to win over people with values and policies will just harvest people instead of ballots they’re thinking but it’s sick thinking it’s cheating and it’s lying and it’s treason and law and order is doing nothing now that we know hillary 🔑 claim paid for the dossier and robert mueller investigated trump for colluding with russiabased off the intelligence from the clinton campaign how did he not find out it was clinton colluding not trump that’s something we need to ask me or in front of the senate as soon as possible either he was completely incompetent and running a horrible investigation or he was in on it there’s only two ways.
how does it get burned though ?
thanks for the correction.
i mean getting rid of 99% is.
make it super old school— 0.25cents per play to guarantee the burn 🔥
instead of a pac man it could be a shiba dog face. not sure what the ghosts would sub with.
damn bro… that’s brilliant!! charge people to burn the shib! think about how brilliant that is! if you’d created shib, you’d be *%#¥%*^+ them in the %*% on both ends! brilliant!! someone please call me when it dips below .000050 so i can get back in. i’ll buy 20000000. i hope this was confusing enough. 🥂 till it bursts!
do you have any idea how many "dots" would need to be consumed to even put a small, and i mean really small, dent in the total supply? how fast do you think any game could eat up, let us say, 1 trillion tokens in a year's time? no game that is played by humans could do that. and whomever is supplying those tokens to be eaten would want to pay very very little to have them eaten by a game. who are you going to get to supply this game with cheap tokens to eat?
and how about an old school side shooter? everything you blast you're burning a shib! lol
it should be burning and earning. like a 4player uno game where every player puts in an entry fee. 50 percent goes to winner 50 percent goes to the burn. that way there is an incentive for burning because you can be earning. it even when you have lost, you are a winner because you contributed to the burn.
no no make a pac shib that eats doge
i choose this one. what if you fight waves of enemies coming every night and during the day you spend your shib upgrading defenses. every enemy gives tokens when you kill it, stronger ones give more obviously. it could thisplay the real current total volume and . when you lose you burn all of your tokens off and it shows a nice animation of how much your burn increases the . if anyone wants to do the artwork for this i'd do all the programming and design, no ads cause we do not oppress the shibarmy. and in all purchases where i could make a webserver that burns real shib with an api. would be pretty cool to promote the burn
plot twist, instead of throwing shiba coins you're throwing actually shiba dogs. actually it works with both of your ideas.
that vr club might just drive the price of shib through the roof 😂 why one club he can have a chain lol . maybe the dancers could be not real people but look real, just to prevent people from being exploited versus voluntary.
whatever happened with this shib nfts? no game ideas for those?
definitely not making it multiplayer alone you know how long those take lmao i was thinking more an idle game or something, but i'd want it to contribute to burning shiba
they should add code to the blockchain so you can’t sell more than 10% of what you own in a set period of time
a lot planned for the future? such as? lol
a clear history of wanting to decrease the coin supply and increase burns, and being quite active developers. waiting 100+ years at the current burn rate does none of us living much good, but they have done big dumps before
i’d stake mine to burn the yields if i had access to it! do that, everyone would be in! how would that work? dunno but that’s how you get a good burn rate. any hodler like myself would do that just for sake of burning! 1 shib is 1 shib. it’s better than zero!
i think a site would have to be set up, with a chart that is updated real-time. there would be a calculated flat rate that all shib holders are asked to voluntarily burn by a set date, and if a certain % of shib holders do this, then the price is projected to go up to a certain price according to this chart. another level of this table could break things down by the amount of shib you own: for example, if you own over 100 million, the chart suggests you burn a greater % than those who own below this amount, by a certain deadline. there would be links to dead wallets, and these wallets would be confirmed by the shib community as legit. in fact, this chart and its updated calculations should be open-sourced so that the community can understand and help confirm the math behind it, and to provide feedback.
this 'is the way'!
burn other people's wallet
anybody know some developers to put this together?
first, they take the dinglebop, and they smooth it out with a bunch of schleem. the schleem is then repurposed for later batches. they take the dinglebop and they push it through the grumbo, where the fleeb is rubbed against it. it’s important that the fleeb is rubbed, because the fleeb has all of the fleeb juice. then a schlami shows up, and he rubs it and spits on it. they cut the fleeb. there’s several hizzards in the way. the blamfs rub against the chumbles. and the ploobis and grumbo are shaved away. then you're left with just plain old shib.
yes pretty much its going to a wallet that will not be used or touched ever. its a dead end wallet
because the dead wallet is a system wallet of the ethereum blockchain, it is impossible to use it.
we do not, actually. the black hole ethereum address is what everyone uses, and is said to have lost the private keys for. however, that may not be true. but even if it is, given enough time, and computing power, someone could figure out the private keys.
nobody can access the dead wallets it like floating in space somewhere
alternatively you can use this
i think it’s on spotify.
that's huge if you are a stock trader. this is crypto. this shit goes up 500% and then back some. the volatility is part of crypto.
to reduce circulating supply which would theoretically increase price.
this is the burn address:
more real use cases, more adoption, nfts and games that people actually want to own, and, of course (and sadly), continued hype
i mean, im canadian so i didn’t follow most of what you said… but what i can add is up here immigrants from russia(pick one), all say the same thing… “in our country, we do not watch the news because it is all propaganda…. why do you canadians “believe in” your news??? not gonna lie, hit me pretty deep the first time i heard it… started to understand around about the 100th time i heard it 🤪😂
it gets sent to a dead wallet
that’s not a terrible idea. i think you could add an incentive. 75% is burned, and if you beat the level .25 is staked for yourself. you could make it accumulative. each level after another .05 is staked. eventually you’re staking the entire quarter or dollar, or whatever the cost would be. when you die, you start from the beginning again- burning and accumulatively staking- as staking removes coins from circulation.
whaat if we change all the classic games defender astriods we could call it hemorrhoids what about doggy hunt where dogs hunt human actors
and instead of dots they should make it a “zero”. because we are going to eat thru those zeroes soon! hodl!
paper hands -- hands holding a rolled up newspaper to beat your dog with.
i agree, it would be a very small dent, however, i like the idea. it all adds up. maybe players need to pay shiba to play thr game and compete for high scores. never underestimate the power of competition for a gold star sticker.
you act like they wouldn't just create bots to play the game... you'll have chinese hubs just auto farming dots 24
i'd be up to do the artwork and send you some of mine. i'm a freelancer but i'd def be willing to do it for free as i have some shib so thats a motive for me right there lol.
tower defense game? that is not a bad idea.
i'd enjoy doing music for this sort of project. i'm in for some free experience and growing my portfolio with projects! count me in!
when you say artists can it be ink and paper? or does it have to be digital?
i’m mean people already pay for cam shows so why not have some vr shiba dancers lol. or just have exclusive 3d models that can only be used at these vr clubs.
lol yeah i do know alone you cannot, i dunno know maybe you had a crew 😂 just ideas whack a shib? 😂
i like the idea but i do not think it will work well with investors, it is our money we should be able to invest as much and withdraw as much as we want, and should not be dictated by the devs...
shibaruim ? nft game? future burns? governing doggy dao? there's plenty in development if you follow them on tweeter, discord or shytonshi blogs.
pretty sure you stole that from an episode of “how’s it made?”
this makes more sense that most of the explications on here =d
dude if i had a award i’d give it to you.😂😂
lmao 😂🤣. do not they need to get flinkys to cut the fleeb
a lost wallet ?
lol suddenly a dictator of the world arises who has had the privates keys all along mwah hahaha
how do you know no one can acces it? are they special kind of wallets?
but how does it burn shib?
well thank you sir. i appreciate the help
no really. definitely bro. that is exactly what is needed.
it actually is a terrible idea when you consider what it takes to make a game that operates off of an erc20 (which shib is an erc20 on the ethereum blockchain)... you're gonna pay 5x that (at a minimum) just to complete the transaction in the first place
if you could partner up with ad networks and show small amount of ads on the games that contribute to burning shib as payment...
all we gotta do is not use their real names
it could be a doge
alright got a few messages from talented people. wanna make a thiscord server to all work together? could be a super fun project
artwork as in, 3d models if they want 3d, sprites, pixel art if the artist wants that style. someone could do sounds, etc. i'm always coding games, i can do all the code but i'm just not an artist so if the community wants to help make a game that has a system to burn shiba and promote it in a fun way i say we band together!
pvp, loser has to burn shib
yah that is a good point i forgot about the cam shows.
it's a rick and morty sketch
no its a wallet that was set up to send the coins to that would not be used that the address has the word dead in it.
sorry for the late reply but basically artists agreed to let their royalties from the record company buy a percentage of shib for every play
here’s a helpful link explaining it
you realize that would necessarily reduce your holdings by 99% right? any increase in price would be completely offset by the fact that your holdings were reduced by 99%. what we want to happen is to burn a reasonable enough amount to actually impact price without impacting our holdings. duh
i 100% believe you know more about what you’re talking about than i do. but the interface sounds like it would be fun, none the less
uh shiba already is doing it. check out ufo gaming token, bruh.
exactly, let us not thisregard the total ass on gas we pay for eth to get transfered to and from wallet.
you wouldn’t have to make it off erc20 you could have it as a separate game that triggers a program to initiate the shib activity
i am not afraid of no doge 😁
i'll join in on some.audio engineering if this becomes a thing. send me a message
literally watching this episode rn
so it is like a coin that can never be bought or sold... so it is like permanently there to keep the value ?
tell me you have no fucking idea about crypto currency with out telling me you have no fucking idea about crypto currency. jesse christ are you 13 or something? without a burn of close to 99% the market cap is going to be more money than there is in the entire world. even 1% would leave 10 trillion coins.
if solana was not such a pain in the ass to code (it's in rust unfortunately), this idea would be far more realistic since the transactions on solana (sol) are like 0.00025... like 2% of a penny or something like that. with ethereum, to submit a signed transaction that interacts with smart contracts, it would be + just to do something basic and you're talking about complex game mechanics. my estimates for the smart contracts i've roughed out are going to cost thousands to deploy just so they can be used
it's fine for large transactions like real estate, legal fees, etc... but for simple stuff like "attack the bbeg", its unrealistic
shib itself is an erc20... what you're saying makes no sense...
it lowers the amount of circulating supply which increases the value of the remaining coins that can be used
lmao the rage is so unnecessary. also who the fuck is jesse christ?? love how you make an assumption on the market cap with no reference to trading price. you realize that’s half the equation right? your assertion that we should burn 99% is as laughable as it is implausible. you tried, it’s ok kid.
exactly... which means the bbeg just keeps getting more powerful and evil!
obviously, but you could use some that represents shib in the game then have it signal a wallet to make the shib transactions
i think they are suggesting the game itself, not the shib. they mean as a third party software that buys and sends the shiba to wallets
he is the redneck 2nd cousin. unless there is a near total burn then there is not enough money in the world to support a price anywhere near anything other than pretty much where it is now. having so many coins in circulation is bad even though it is a finite amount. while you could say coins such as doge are infinite. they are infinite over an infinite period of time. which is actually better.
time to roll my character's brother and join the battle!
but everyone but me seems to ignore that in order to send any amount of shib, you have to pay transaction... just because coinbase takes care of it for you does not mean that those fees are not there... completing any transaction on the ethereum block chain is expensive as hell...
i chuckled at redneck second cousin. in all honesty i get what you’re saying but imo a burn of 99% would be reeallllyyy tough to pull off and would take quite some time. this is why the , $.10, $.01 crowds are dreaming.
yeah that'll coat you 10 shib . enjoy them fees!
holding 524 million shib
4 billion champ since may!!! 👊
i’m just a regular everyday normal mother fucker 🎶
i do not even know how to sell with these hands 🤷🏽‍♂️
what do you mean by real? i’m holding.
been holding and buying since july 2021, haven’t sold any. 50m shib and counting. hold
been holding since .00000800
idk if it counts only 2 mil cause im broke :3
i’m such a real holder that my bank account is negative and i’m still fucking holding 300m and a shiboshi!
me, i just bought some more
i'm holding. no sense in selling before a year is up for tax reasons i only have 4.5 million shib, but that is not bad considering i only invested
hodl for massive gains. why cash out at + when you can cash out at *?
joined shibarmy in june, holding 116 days and as long as i need to so i can walk aways
from ’m not moving
i have bought and never sold. over a year now in this
holder? i do not even look at mine.
i am part of the shiba army and a true believer in its purpose
like wilson phillips sang hold on!!! things will go our way!!!!!
i’m a real person and i hold shib
it blows my mind all the shit people talk about others trying to get a leg up, especially the ones that started right where we are. fuck em! staying humble and hungry! get yours people! shib army strong! 🖕🤘💪
i'm still buying...and i love the excitement of a good roller coaster ride.
holding til it turns into the real millions. 🤑
my shib i staked went from 1 dollar earring to 11 dollar earnings
only 7.5mil but been holding for over a month
i'm holding at 4.29 million.
i’m holding. gonna buy .
i’m not sure if i’m a real holder but i put in 15’t growing a only losing worth but it started to go up again and now i’ve got 79$
holding 446million till we hit 0.001
just bought more hodl
hodling 25mil! 12.5mil is buried, 3mil is at a limit sell for when it hits 0.001 and the rest is sittin pretty
17mill and counting ,cannot wait my next salary hehhe
i got 5.39mil and holding. i just want to buy a house for my daughter so she can have a dog.
6.5 mil and plan on buying as much as i can when i can. i at least want to hit double digit mils!
33 mill, selling 10% at .01 to pay off bills but hodl
in crypto.com i have 230m. and, 98% of that is staking in earn. just got another 500k through earn (staking).
i hold 200m, i bought a month ago and i just checked my account a couple days ago and was shocked! but im just going to not pay attention to it until i start hearing everyone talking about it every day. once it gains mainstream attention then maybe i’ll start looking at it more. until then i just pretend it’s not there
not a real holder unless your burying or digging on shibaswap. anywhere else you’re just not holding right. ethcuses are just excuses to not invest in the project.
i had a spare
i had about 129mill shib for the longest time but sold 89mill a week before the big spike last month because i was short on bills. now just holding my last 40mill
let’s get this money lmaoooo
13 million and counting 🤙🏼💪🏼
i’m not real i’m make believe. but still a holder
enough to burn all the dogs
i currently have 1.15 million, highly contemplating selling my doge which is currently at a loss to throw that into shib
22 mil been holding since last march i believe
hodl and buy moreeeeeee more
only 2m which i made from mining eth on my grandad's pc (it took a lot of time but he never uses it so it is fine)
been holding sense august haven’t sold once
holding round 18mil and i will add more if my finances allow me... converted round 60usdt today when there was a dip though. i really like this community, thats the main reason i didnt cash out 130% gains :)
you bet your sweet ass i’m holding.
i’m broke but i’m holding over 6 million until it hits a penny or higher. i’m hoping for 25 cents or a buck.
been holding and staking for the last 6 months. bought more today and locked them away for 3 months on my hitbit. 15% intrest. doesn't get any better then that.
hodling 20mil , and every paycheck, i add a little more.
hodling 84m right now.
holding a sweet but dollar bound, 20 mil!
332mil and counting. i'm all in. i can see the 🌛 from my back window!
since it released 🔥🔥
who the fuck is better than us??
37m holding strong. ready to retire before 30.
joined a couple days ago, up a few dollars already; ain’t leaving!!!
currently holding 137 million
elmo musk is a little b**** and what do you consider real holders?
6.5mil hodling. all i do is buy .
these hands are meant to hodl
holding about 10 mil shib rn and planning on buying more here soon.
hodling 125m since may
not a large holder, but maybe i can get to 30 mil soon.
i’m da realist 😉
i started in crypto in march this year, bought a varied amount of a few different coins and bought around 40m shibs, have not sold any and would not be selling until i can retire on it.
i have 54,000,000 and hodl ' to the moon & beyond!
holding and staked in shibaswap
only have 6.2mil but holding
good things come to those who wait
good things come to those who wait👍🏼
i'm doing my best to hold, had some recent things come up (bills) so i had to pull a little out this morning -- sorry brothers and sisters. but i realized i had a little monies leftover, so i put it right back in. lost a few bucks today but am hodling from here on out. to the moon
once shib is listed on rh i’m taking my principle and keeping my gains vested.
been holding 134 million shib for 6 months
26 milly since may my guys and gals
been buying since may
me, myself, and i
here since march, will be hodling till my wallet say ‚dude it’s enough‘ 🙃
20m shiba exact here.
only 39,000,000 right now… does this count as a holder??
currently at 44 million & reaching for that goal of 100 million 😤
holding till 1 cent
shiba is amazing been rocking w y’all sense 0.000006 and still holding not selling 🥳
30kk, still holding. been tempted to sell when it jumped 400% but decided to stay true & hold. scruffy believes in this company!
been hodling since march, not selling until .01
been holding since early june!
i'm just an imaginary holder. i do not exist. i'm holding a quintillion shibs.
holding like 7.4m, wish it was more
got 160mil back at .000006 and collecting as we go on this crazyy ride!! stay shibby 🤙
am i a "real holder" if i only have ?
hodl-ing ass muthafuckah right here …
been holding for ~2 months. just found this community 2 weeks ago. plan to be here for years to come!
i’ve got about 40 million at the moment. i bought most of mine a month ago when it was much cheaper. not sure i really want to add to my position at this point since it’s getting a bit riskier and aren’t we starting to approach the market cap of dogecoin? i’m not sure how much higher we can really get, or if we can even get that high.
71 million never sold in 3 months
fuck elon i'm holding
jumped in the shiba inu world back in june😀
a lot. there’s no way this coin gets to top 9 on coin base without real holders
i sold whatever i put in plus a little extra and still hold about 5 mill shib
i've been acquiring and holding it all since march
into the millions and still going 💪🏼
ill be selling at my pt. im no fool. as for now. hodl
as a pose to fake holders?
holding at 4 million since the beginning of the year!
ride or die baby🤑🤑🤑🤑🤑🤑🤑
only have a little over 5 million but i’ll hold and most likely buy more.
i put in 100. hodl until the moon.
buying more on wednesday
i have enough shibs to buy a vacant land in the middle of australian woop woop if it drops two more zeroes. then, i’ll sell! 😀
i’m waiting on life changing money
i have 50,000,000 staked that i can not touch for at least 72 days. once that time is up, guess what? hitting that stake button again.
been holding since .7
133mil. holding til 10 cents at least
trying to get to 200 million before it passes .000054 keep buying the dips! this alt season is going to be nasty.
i’m going to retire and also buy a casino
it's official. shiba will be listed on robinhood on november 1, 2021. this is coming from a official source.
i only have 8.3 mil but it’s enough lol
why, who's asking? i do not even know what this means, for "real" holder.
holding shib all the way!
me. i do have an exit plan though.
only have 31.6 million, but i’m holding em!
i got 285 million shares
i’ll sit on it until it hatches lol
i’ve only got 12.6 million shib but i’m slowly adding more and holding for the cause. a patient motherfucker i am.
started buying in may.
10mil and holding lets gooooo
holding 5.8 mil and will continue to buy
holding til a dollar. 1 dollar and i retire for life.
11.7 mill yes im holding
everyone is holding and few traders , that’s life.
how many cultists we got here
since july cuz i just thiscovered it. but holding faithfully
stuck on crypto.com under the min. so theres a mill that can never be touched. atleast thats what i have been told
30mil since .000008 and aint sellin a coin til it reaches $.01
only got 37m. would be more if i wasn’t married or wife wasn’t against crypto. oh well :(
15.5 millions and holding
i am a true, real true, man of my words that will hodl till it gets to .00!! .01: 100,000 is nothing. you cannot even by a house for that much. how many really, really are going to wait to become millionaire??? not many with balls or tits
many say, oh yes, i will hodl, will not, millionaire will beyond the moon and stars, others will only reach space and fall back to earth
i got 42 mil and buying more
everyone need to hold tight well all be millionaire 🚀🚀🚀🚀
i haven’t learned how to sell off, and at this point i’m too afraid to ask 😂
what’s a real holder? i’m still holding at this point. there is a value that exists where i definitely will sell, but we’re far from that.
ive been hodling since may
this is my first rodeo, first time in coins and i want us all with dreams to all come true.
i only have 26,000,000...
does 7 mil count? lol. am bb whale. more like a narwhal. lol.
only 4.8 million coins. bought my first 2 million at .000023 then bought the other 2.6 million at .000042 i’m hoping this pays off in the next few years
i'm sitting at 40 million right now. bought in at .0000076
i got 8.4 million should i get more?
hi 14 mil here
still holding my 20m shib. i bought them around april of this year. just waiting for it to dip to buy more.
i only own 3 million shib. what price does it need to hit for my lambo?
me i'm out here
i've got 3m i want to have atleast 10m before .01
definitely holding at 377 mil
5 billion. early investor ! hodl
holding 5.8m i really want to pay off some loans and do some reno-work on the house
238 mil. had more but sold enough to take my initial investment out. back in 2017 learned to take out my investment out from btc profit as soon as i could so i dont lose sleep over.
have 58 million 🙏 might buy some more when it dips
holding 7.8 mil and next paycheck i hope to increase a little bit more :)
210 + mil here
1.8 mill, bought when it was at .000003
518 million, holding some since february. not the whole 518 mill but about 20 million of it
im overdue with all my credit cards so i can get a ride to the moon.
is there a reason that the popular posts in this sub are typically an account that is less than a month old with only hype posts about shib? seems a little odd to me...
560mil ! bought 2monthd ago !
if you’re really into holding, hold and stake as much as you can. that’s it
been holding since .0000660 and still buying every two weeks since right before lift off
i got me some...17m!!
real hodler checking in
just got 10mil here! love the project been hodling since june!
bought 1.09b back in the middle of the year somewhere around .000007 and i’m not selling.
3.2 billion buried and hodling on for dear life!
initially got in a month and half ago and currently holding 600+ million and increasing incrementally!!
bought 5 mil half year ago still in the game
holding a 100 mil
i m still hold😎👍
been holding 10mil since april
holding 36m shares, 6 of my friends are adding more to the mix over the next week.
i am doing the real hodl.
164 million here which i spent 2300 for it. now almost 8k worth
been holding 90 mil since 000006. and not planning to sell
just bought 4 million last night!
holding since 1st of august 76mil
just recently decided to buy into the hype and i'm holding 67 million. sold off all my doge and several other stocks to buy in!
man i wish i had ,000 to buy in shiba. that’s not nerves of steel. it’s a smart investment!!!!!!!!!!!
yup i’m gonna hold!!!!
i got 26 million for like £80 way back 😂
only 9m am i real 🥺?
been holding since day 1 i bought, they all in xshib atm
lowly 10m shares hoping to add another 50m later this week
8.56mil. first time buyer tho
nothing compared with whale 🐳🐳. 22.8mil
we should organize shib inu christmas day ☺️ everyone buying 🎓🧢
i’m holding until shib hits saturn. 🛸🛸🛸🛸
only holding 21 mil but keepin it till i can retire with it. haha. if that ever happens.
here on the east coast, like the west coast, with a box of toilet paper to clean your ass is ,000 for a year. things are so expensive everywhere. soo, are you guys and girls really going to hodl?????? think about it!
that’s awesome - congrats!
i'm hoping that .
took out what i put in, and holding 26m
nothing special bout me, mother fucker.
u are the best and fuck elon
do you work for the phone company?
>*i’m just a regular everyday normal mother fucker* 🎶 🎶 i do not have a girlfriend, my hand's my only lover 🎶
it's kind of hard. luckily greed keeps me from missing the peaks because i keep thinking it will go higher.
it doesn’t matter a real holder who believes in the purpose of shiba
i’m also in the 0.000008 club, pretty happy about that right now. no paper hands here, sitting strong on 1.1b, go big or go home.
it’s oki brother just hold so you get what you deserve
i got 3m right here man don’t worry lmfao. planned on holding for 5-10 years so no rush. i bought when . bought another million here recently cost . if it takes 15 years to be a millionaire i’m game.
dude it is only negative till pay. then you buy more shib
du är bästa som finns bror and that means you are the best brother
so you have about 12 grand give or take from shib! when it kills a zero conisder that 120 grand and thank yourself for it later
you are in dept for getting crypto... people have their priorities wrong lol
we are soldiers who started from below zero and we will hold for the end of the line
dream beyond that son
you already knocked off 6-7 zeros. aren’t you a millionaire now? what else you want?
what platform did you buy this on ??
i cant help looking! 😬
i went tbrowsing in rdoge and they just keep talking bs about shiba getting the airlift. i mean why can’t they just be happy for us then buy some of ours and stop bickering.
i don’t even know how to stake i’m not interested i just wanna hold
mom sends blessings to all the holders
how do i do that
my issue is i frankly do not understand how to do that and the videos i see explain it super poorly. like i'll go the site and see an address. is that mine? how is it mine? is that where i sent money from coinbase or other wallet? if that address is mine how was it generated? how would i access it again if something were to happen to my pc? i have no passphrase. etc etc. i cannot find a single good answer to those questions. i am sure it is because i am not looking correctly, or am misunderstanding something.
open your own business
lol we all know elon got daddy issues and he was mopped in school 🙄
u are on high level
it’s about believing in the coin it doesn’t matter how much you hold it’s about you knowing that this coin will achieve the goal to become the world best coin it’s you who make a change a real holder who doesn’t look for a penny or dollar but far beyond where this coin is going that is what i meant when i said real holders
holding 2. 5mil even but now, planning to deposit wage tonight f'r the next dram dip. lets gooo *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
holding 7. 8 mil and next paycheck i desire to increase a dram did bite moo :) *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i have been holding since it began but i’m not into steaking and don’t know how it’s work
you think i’ll be able to retire one day based on this? i hope so! holding for a long time! 😂
yes everyone - i am a shib billionaire. through my blood sweat and tears. hoping that all of us can enjoy shib shedding 2 zeros
and i'm pretty good at making paper planes.
get off that fk elon bullshit, every time you type his name it goes into the algorithm and universe let us not mention him at all or give him a different name idk manipulator.
dude i love it i cannot stand elmo musk that wannabe hack
stop with the elon hate. he didn’t put himself into the frame with shiba. he was always a doge guy. leave him alone. not his fault he was pushed to answer an unfair question. had he said yes with regards to the question, he would have lied. and then people would be upset with him. the guy can’t win.
how did u know
it will always go higher
great! i'm holding. whats the purpose of shiba again?
lol i have the same amount as you 😜
15000000 at 0.000008 and hanging in there
it hurts so good!
your mouth to gods ear bro!
i guess your name don’t match this attitude🚀
yes i hope it pays off though im risking a lot rn xd
they are just jealous because doge is an endless supply where shib isn’t
staking is on crypto.com, and it’s holding but earning rewards because you can’t sell for 90 days
best advice is get a trusted wallet, cb wallet or something steady and secure. load up what eth you want to spend. go to shibaswap.com, go to the swap window, connect that wallet from its list. swap that for shiba, you can find by typing in the search bar. spend as much eth as you want to swap for. then get out of that window. go to bury, use the shiba you swapped for and bury it for whatever amount of time you want that’s listed. start small when gas fees are cheap late at night.
it's not you. i think they have done a poor job of explaining the processes. they need ti improve the documentation.
he's still a billionaire gotta hand it to him on that
absolutely correct, sir. been smoking reefer for a decade now so this level is my home.
well i certainly hope so! i bought 300m last week, and then another 700m at .000043. i unfortunately bought a ton at the high point but since it’s likely to 5x from where it’s currently at in the next 6months, i’m not too worried about when i bought. im going to continue buying until i get to 2billion shib!!!
i'm hodling 9m regardless of what anyone says.
got those same feelings for that guy freelon tusk
let's not do any to piss him off please
meanwhile tsla north of 1000.
gotta sleep now but tomorrow i will answer you by then do your research on why the founder released shiba
hey man, i only have about 3m i'm going to throw .
why everyones defence is my 10 years old reddit account name lmao... im just saying having a bank acciunt in the negative to buy crypto is absolutely stupid
well some people figured it out. i frankly feel dumb for not understanding. it makes me worried. i missed my chance with bitcoin at a few bucks, i missed eth at few bucks. i missed doge when i could have mined millions a day on release. i fear i am missing now by not being on swaps like shiba, pancake and sushi. i am afraid my ignorance
everyone falls in the end
you spent ,000 on shib?
you bought 700m, not 700k? you have nerves of steel, my friend. that’s impressive.
dude you are so right i cannot believe how people think he is a good human being he is a hat he is a wannabe he is just like thomas ethison was to tesla elmo mosque is the new thomas ethison to tesla he is a lowlife piece of s***
i got the woof paper right here. just wondering your thoughts. you brought it up.
typical liberal response, lets go brandon!
if i had 30 grand to spend on crypto i would definitely not be putting it into something that is pumping right now. gees...
yes i did. wwyd instead? have you ever had 30k to invest with?
why do you have to bring dumb politics lmao... have fun being poor
there is a lot of concerning activity from new investors. don’t get me wrong, it’s great that more people are buying in, but the new money that follows a pump.
but it is not like this is where it is going to stop! you need to buy the pumps and dumps, because it might not go back down to 5 zeros again
what would you be doing then?
gamble* crypto in general is a straight up gamble.
of course i have way more than that in my 401k, in safe stocks. i wouldn’t risk all that money on a meme stock. i have 20 million shib which i bought when there where 5 zeros so around . i guess the bottom line is, i don’t believe you have that many shib. your other posts say you have a billion but this one is only 700mil. get your story straight poser.
bc you sound like the type to get butt hurt about it 🤡
i’m currently holding shiba as well, but there are some other great crypto’s out rught now. it’s not bad to diversify on some that’s not all pumping. i wouldn’t say the names of them here because they would probably kick me out lol.
lol read the comment above. “i bought 300m last week, and then another 700m…” i believe that equals 1 billion. but correct me if i’m wrong
you can always message me and i can share what other crypto i have as well :)
dammit i’m looking to see how to expand my crypto portfolio a bit more now i’m getting into things, feel free to pm me some of those names!
i would like to know as well
crypto.com has been the easiest
110 million here bud
70m reporting for duty 🙋🏼‍♂️
i will soon, 8,980,000 rn
sitting on 35 mil currently
what i dont get is if everyone is buying why is it still going down?
i only have 8, but will get more soon.
200,000,000 here🚀🚀🚀🚀🚀🚀🚀🚀🚀let’s go picking up others at the moon and heading to the stars
20 mil and hodl
we need to get elon onboard so everyone can buy his tesla
i have exactly 10 mil. it appeases my ocd. lol
17 mill. i bought in the 00003
i got 2.5 mil
7 millones de shiba. a que hora será la. fiesta?
5 mil for right now
i've got 700k shiba inu so far lol
35 mil and waiting for 2:59 pm to buy 2k worth. if prices hold will put me over 500 mil
120 mill for me
334 million. bought on april 17th. *typo million not billion
if where buying why the dip?
i just tried to buy shib on crypto.com app and the price was 0.0000158. but when i actually went to purchase it tried to charge me 0.00002. i was trying to buy at dip but that literally ruins it if they are charging that much of a difference. anywhere else i can go that is a bit more accurate?
10 mil over here
40 million and counting 🚀🚀🚀
48 million ready to get more
26 million shiba inu coins
4.5 million here. just waiting for payday to join the 100 mil club 🤟
one more hour, everybody buy in at 3 pm pst
i have 11.5 million coins
i only have 4,000,000 😒🤣
after another 50.6 million
30mil let us go!!!!!!
when do you think it will hit 0.01?
10ms in my bank account
i invested . it went up to ,600 over night. then dropped to .
53 mil here at .000003
yes, who all want to be target of scammers and hackers? post here, all morons in 1 place.
12,675,000 hdln. keep it tight kiddos !
82,000,000. buying every dip and hodl
3.9 billion for me!
stop with these posts
i have 10 mill dogecoin ya bunch of posers
22,000,000 over here 🙋🏻‍♀️
2.75 mill get on my level 😤😤
i have a lowly 8 mil
245 mil here ✌🏻
40 million, holding stronk here!
16m will buy more on pay day! let's gooo!
not yet. 4.2mil for me atm!
i’m at 20 mil now.
dude i have 308mil
sitting on 72m atm
some people made me feel stupid for buying it. i have 105 602 693. 43 shib.
2 mili and hodl
20 million and working towards 100 mil to be satiated.
54 mil. let’s get it!
15 million here 🤙🏽. hodl!!
136 343 500.78 mil one week or so ago.
22 mill here...cost me 30 usd...🙈
dear future millionaires, nice to meet ya’ll ✌🏼💰
150 mil sat tight
i have 10 mil and going to buy about 40 mil more
i’m at exactly 10mil. pretty excited to be one of the cool kids tbh.
80 mil and hodling, 💎 hands. thinking about buying the dip 🚀
49 million shiba dogs!
i'm getting there i got 7 mil right now
hodling 160mil to the moon!!!
i've got 81 mil here
30 milli here 🚀💎🚀💎🙇🏻🙇🏻🙇🏻
3.5mil - its small but every coin counts!
7 millions forma mi!!!
i had 36m but paper handed earlier, dont be like me
131m lets make this the most talked about currency ever
60,000,000 holding to the moon!!
10 mil on the nose right here
what’s a good platform to buy
20 mil report for duty🚀🚀🌕🌕🌕
only 27mil for my broke ass
i dont... i have 10,000,000 exactly ;/
all in let’s go
where can i invest in some of this?
500 million hldn until at least the next 8 months
235 milly here 👌🏾
3 mil but bought at 3300 :(
67 million here checking in
if my bank would quit being a bunch of cucks i’d have some finally. it’s legit taken me since monday to get my account cleared, now i’m waiting for my deposit to go through.
i have 6.1 millions, bought it for . it was .
i smell a big ol' burger cooking up here fam some ethereum transactions coming through... teddy says the weefee would not handle mr. fishodour at me for rent i say 🙄🐶 😅💯⚡🐶🙏🙈
i had 45 million and sold 3... i have 11 million left.
20 mil and probably about to double down on that
28 mil lets goooooooooo!!!!!!!!!!!!!!!!!!!!!!
5 mil here and i want more. 🌕🌕🚀🚀
i have 7,777,777.00 shiba inu
what app are guy using
13milly! let’s keep growing strong fam
11m bought by 0,000024 and i’m proud be that part of it, great gift to india, as german i was once in india and know what i’m talking about. guys even you make 0=0 be proud part of this community🚀🚀🚀✅
i have over 28 million
100,000,000 shibs for me. 👍😎
not me. i only have 1 million currently, but i do plan to get more!
does it truly take a couple days to be verified.
150 mil. am gonna hodl till shiba inu reaches 0.01.
i have 10.4 million
45,000,000 - and will be adding more if it keeps falling. kind of hoping it does (temporarily) so i can buy hundreds of milllions more.
around 41 mil. my goal is 100. then hope it does something cool
25 million... adding more as soon as i get paid 😆👍
265m sir. working my way up to half a billion.
17 mil here bro, it’s been dropping today but just hodl!!!!
70 million. goin in hard. shit yeah
i got 10 mil about to get 10 more
137,090,000 here. buying small amounts as it dips. bought a large sum at 0.000034 so trying to average down
18 mil, crypto.com is super easy to use. not sure how i feel about the fees but that should not matter next year.
jealous, i only have 2,000,000. waiting for payday!
9.7m million next week 35m
10 mil? try 500 mil
49million...getting more when it drops lower
10m, long road to a penny.01 the media’s already talking about shiba, it’s only a matter of time before other investors join the party 🚀🚀🚀
14 million i bought on crypto.com i'm also staking it there
11 mill here and hodl. paid almost twice what they are worth now though so looking forward to the upswing.
50 million at .000020, easiest
i'm currently at 500k and my goal is to slowly work up to 10 mill at least.
110 mil waiting on the 🚀
20 milly in da baaaank shawtyy hodl that till i’m goldin datt sheeesh
30mill and counting 🤟🏾🚀🚀🚀
2 million but will have 5 million by tomorrow
10 mil but might buy the dip & double it...
49 million. is asking for .03 asking too much?
142 mill from hawaii 🤙🏽
check some tutorials on crypto.com on youtube. tons of people put step by step how to buy and then sell.
22.8m, peaked at . not selling at a loss. gotta trust the process and hodl.
20m i buy some everyday
477 mil, bought on jan 31st
308,000,000 here for the penny ;) to mars
is it have any future buddy's is it will grow??
90 mil and still adding... hodl!!!
7 million. i'm cheap.
100 million here ... let’s go !!
couple 10 digits here
21 mil here 💎💎🚀
i have 10m now
30 mil at .000325 🤡 i’m actually down lmfao
shiba is a good dog
can it get to a penny
how many billions? 😛
i got 29 mil at .000013
80 million - i support shib - tell your friends about it !
im at 10mil exactly
im a big whale🚶‍♂️
3.6 mil here, a pittance now, a fortune later.
50 mil at 0.000026 🥺
how many should i buy
omg i feel poor with my 25 mio. 🤣
21mil just got in today
all of us, hodl
109,000,000 and up and up
soon enough !!! 🚀🚀🚀🚀
i have 20 million. intending to get to 100 million soon
is that worth to buy now?
i bought 14 million .000017
20m and hodl until i’m 60
just purchased another 7m a few seconds ago and now i am sitting on 12m total. ishiba😂
i have 136mil lol
another 1,5 mill this morning ..., total of 6,5. with the next pay check i’ll be over 10 mill.
45 million cost me 500
16.5 mil for myself
15 millions only 🥺
200.000.000 here lets a gooow!!!
my 1.7m is a bit pathetic. 😭
brought 150mm as back a month ago on hotbit!
so what do we all think realistically this will hit? 1 cent? 5 cent?
12 milly babyyy les goooooo 🚀
62 mil here lets gooooo
30m. what's the feeling? dropped quite a bit past few days whilst doge shot up 40%. expecting an increase over next week or so? wonder where we will be in a few months time.
31 mil and hodling. might buy another 69 mil so if it ever gets to 0.01 then it would be a really nice day.
why the price goes down, who is the seller???
at this point i'm just holding until they add it to robinhood then cashing out
sorry i only have 6 mil. been a tight month...
i have 11 mil as well xd
30000000 shiba and holding go shiba
9 figure shib holder that got in at .000003
26 mil lets goooo
9.5mil but lost almost 50% of the value. i’m doubting on what to do
30m and holding 😁 0.1 here we come!
me, i’m buying 9 million more on payday 🤷🏽‍♂️
100,000,000 holding strong! let’s get rich y’all!!!!
me me me :) 18 mil
holding 5.5 million atmo
got over 100 mil 🚀🤑
155 million but strongly considering getting out at a small loss. i know what vitalik did wasn’t a rug pull, but that’s not good to have over our heads. especially without good communication from the devs.
85 mil and holding. lfg 🚀
i have 30 mil right now
what do you guys say about the max supply? there is 300e12+ coins around, almost 3 times more than doge...
40 mill here 😀
i think only 23mil
12 mil here 👌
dam you shiba inu rich!🤑🤑🤑🤑
i have 20 million
going to buy 200000 a day i'm almost at 2mil
140m here and holding strong still
11m here. would love more but not in the budget this week.
what is the best way to nab shib without paying the crazy network fee with eth exchange to shib?
17 mil. and holding
try 100 million and down 50 percent
i have 7 million worth less than when i bought by far.
16 million and holding
100 million doubled my coins this morning
10million 500 thousand coins and holding
i'd like to buy some but i live in new york :(
i have only 3 mil so im in it for the long haul
19 million and courting...! if everyone pitches in we all win. a raising tide raises all boats!
coming in at 10mil
83 million here regrettably
me!! i have 38
91 mil holding strong!
15 million holding strong
i bought 15 mil and given a credit of 15 mil to make 30mil
i have 93 million, i bought with binance. has everyone left there coins with the exchange they bought it from?
50mil with some change
50mil and some change!
i have about 18 mil right now and i plan on buying more. not selling.
me on the crypto.com
i got 73mil at 02
i have 50 mil of shiba covid relief coins for india.
5 milly and 1
have like 56 mill
were this you guy buy it at
7.5m .000021 and will get more soon. how can you not?
what wallet are you using to save your coins?
i have 10 mil exactly 😄
i have only 25 million. holding strong, not going to look at it for the next few months. think long term people, this same exact thing happen with doge and it rallied. i missed that train but not going to miss this one.
am only 5 mill. good samaritan 👍🏾
we should all pool together what we have to send elon and vitalik to pluto. one way trip. bu bye
10,500,000 here, decided to get another 5 million last night, am going to hold, as i cannot afford to lose anymore
i have almost 8 milly. something sleight and lite.
currently holding 303 million.
20m holding strong and i wont sell it unless its to buy a lambo
i'm there and keep buying when it dips!
i have over 200,000,000.00 million shibas
hey i got crypto.com but it doesn’t let me buy shiba bc i need put my bank information but its not working how can i fix it if anyone knows?
50mil here... to the moon baby
100 mill and holding
12mil here. could be persuaded to buy even more.
after the next paycheck i’ll be sitting on 74m
buy a billion to make some life changing money man
i’ve got 50 mil, so far.
415,000,000 and counting buy with every pay check. 😀 shib to the moon.
300m, on my way to 1b
have you sold any there yet? i bought mine there. no plans of selling, just curious of the process. do you need etherium to sell?
i use cdc and wirex. its by far the best if you want to cash str8 out from an atm.
it’s a good app, been using it since february, easy to use too
have you tried to sell lol cost 40% of your profit
but their identity 🆔 verification takes more than a week.
agreed! crypto.com is my goto for shib.
love it. hope the best for all of us buddy.
nice! how much did that cost?
billy gang over here too. let's hope we see 0.001
that is my goal
since it’s so cheap , it’s going to take a lot of $!
i think if someone have . but at least it gives something for you to dream😅 and better chances than wining a lotto?
they need to burn more. the supply is too high for it to go up significantly.
wow, how much did that cost?
there you go brother ...
lets go champ 🚀🚀
right i had to get over 10 million something about it
la fiesta ya ha empezado hermano 🚀
can you sell me a light billion
i had to at 0.000015
i thought it was too but i had multiplied 0.000015 by the amount i was buying and the math was seeming right although it said 0.0002 rate
i now have 10mil
**hrmmm 11.5 million coins, i have.** *-digger_54* *** ^(commands: 'opt out', 'delete')
don’t use yahoo and use 2fa always
now 73m just bought the dip
constantly buying the drop atm
what doth thee guys sayeth about the max supply? thither is 300e12+ chinks 'round, almost 3 times moo than doge *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
when i sold i basically just had to transfer it into ada which i then sent to my coinbase wallet to be able to store or withdraw from there
naw man just add your debit
i lended mine out on crypto.com for 2% return.
85k and a legend if we hit .1
even though i have money in shib, i find it hard to believe that it will reach a cent because that means basically everyone is going to be a millionaire on this subreddit and more. not sure if anything like that is exactly possible.
i doubt it will ever reach a cent, and people convinced it will go higher are crazy. saying that though, it could go to 0.001 and we’d all still make a killing!
when i buy more it will have to be 5 mil or another 10 mil . i only like 5 and 0 numbers 🤣
hodling for 10 years
okay you're right i just checked. happy to here :) good luck to you brother
i see the volume at 2.98 billion right now. cryptos are dropping right now. shiba seems to be consolidating right now.
because of the amount that was given to the indian crypto currency covd-19 relief fund ...
i know kind of crazy ass a newbie to this to watch it increase
the app has bad reviews?
maybe it has different rules depending on where you live, but the few coins i sold on crypto.com were credited right the way to my fiat on crypto. from there i could transfer to my usual bank account (if verified first), use the credit to top-up a crypto prepaid debit card o simply buy other crypto currencies
i'm on crypto.com as well. wait so it does not trade like stock? you only get more crypto? i'm confused. how would i get normal dollars, usd preferably?
buy what? etherium or can i just sell or trade it? just to reiterate so i don’t get roasted, i’m not selling any, i just see people saying they need eth to sell ans there’s super high gas fees, i was curious if that applied at crypto.com. i know it didn’t cost me anything to buy it. i had issues with my card working though so i transferred btc over and traded that for cro and traded that for shib.
you think it hits .01-.1 in the next 5 years. i know it’s a while but i’d make a easy 5 mil which would be insane
not everyone will be millionaires because people will see that account rising and sell prematurely. or, see 300k and pull out 10k here, 50k here, 20k here, etc, to buy some dumb shit and then left with very little, yielding it impossible to pull off a mill. people will liquidate once they see the zeros they like
if it hit a cent a few would be millionaires before the price would tank into oblivion.
that's what crypto is all about people given nothing actually getting a chance to make it in life and if crypto is becoming what i think it is we will all look back at this and laugh on how easy it was
only time will tell , i’m not saying 1 week, 1 month , if shiba will ever be a cent it won’t be in 2021... but who knows crazy stuff lol
i've been wondering the same thing.
given how many coins can exist i think it will struggle to reach .01.
nice! to the moon!
we will double when it gets back to 0.00030
on crypto.com. it is default to sell to crypto.com coins but instead of doing that switch it to fiat. sell to your fiat wallet then tranfer to bank. simple as that.
it wouldn’t allow me to do that on crypto.com. that’s why i had to transfer it to ada and then send my ada from crypto.com to my ada wallet on coinbase. i keep ada but from coinbase you can then sell the ada and get the usd and transfer to your bank account. kinda annoying process and maybe there’s better options but that’s what i had to do. hope that helps.
ah sorry man i was smoked out earlier lol from my understanding, you just sell out directly, no need of eth involved. unless i’m mistaken, anyone can correct me.
sooner if we're lucky but nobody can predict the future
true! i made exactly this mistake with dogecoin. it will never happen again.
yeah i've been buying every dip. slowly but surely my friend
it certainly does. just seems like a cumbersome process. now i have to open a coinbase. ugh...
not a bad wallet to have
i'm still kinda new to the crypto game. i guess the more the better. couldn't hurt.
hey thanks again for the help. coinbase was a breeze to open an account with. have a good one!
you too brotha. good luck! see you on the moon 🚀
i have 1.7m shib, i live in colombia, if shib hit 0.01 i will be fucking rich.
i’m millionaire just if shiba hits …. i’m poor :(
i only need .00016...
i would be half millionaire. new into crypto and just bought 10 million coins.
just barely, but i will have cracked the million dollar mark. if my eth2 ever becomes available for trading, i can throw a lot more to shib. my original eth investment was in 2017. 😁
25 mil if it hits .50cents
30 mil shibs at 0.01 can get me 300k. but i can make that into millions later.
1.5mils, which is exactly what i need for my plans before taxes
no but ill make a few hundred grand, id be cool with owning a decent house thats paid off. im not crazy materialistic.
multi millionaire. i expect like 2040 hope for sooner and buy more when i can until it happens :)
i have 10m shibs, i had like to invest more but i live in el salvador and i just started to work... i hope it worths at least 0.01 to buy a house in a safe city in my country...
i'll be close though!
it’s at 32 cents thou ain’t it ?
not really but id own my house
over 249million shibs, if it goes to 0.05 8m set for life, or 0.01 i'll be comfortable
even 0.005 would be enough for me to get a few mils 🤤
16 milli gang and constantly adding
the market cap blah blah blah seems to have an effect. i get that. but shib is being burned pretty regularly. and i feel like this community is all for burning whatever they have extra to help out. i just staked half my shib and intend to burn the interest gains. if everyone does that...that will be significant.
to the moon shib brothers and sisters! 🌜🚀
i’ll be a millionaire if it hits a penny. 🙏🏻
768 million shib and holding
we also make my uncle "sam" a millionaire he work for "irs" 40% are his cut ="cap"
i'll be a millionaire at .009
i want my lambo
it will not hit that soon
if i remember right i bought 14 million, then 7 million and it had gone up and cost a bit more. so i ended up i think spending . so if i do my math right i'll have 1,050,000
good at 1 cent
me bby me edit: i’m changing my answer to “none of you if you don’t hold
here for the market cap crying weirdos...
how do i do the math i have 15mil
i’ll have 100k if i gets to a cent
shoot. all i need is 1 cent man.
,781,932 before fees and taxes. diamond hands is the only way.
i just make the cut. woo. just going to let it sit and do it’s thing for ten years. big money or i lost about 250 dollars. no big deal.
i'd be 20k off of being a millionaire did not upvote lol maybe next week i can upvote
i just need .001 to be a millionaire
at .05?? i don’t know because after capital gains taxes and everything else that gets taxed
will be worth 18.5 million 😍😍. no more delivering parcels
ope, i misread but will toss an upvote anyway. if it hits .50 i will be a millionaire, should just be over the threshold even after uncle sam steps in and takes their cut \*eyeroll\*
i have 22 million shib would that make me a millionaire
just purchased another 20mm coins.
another . doing my part.
5¢? bruh i’d be ballin at 5¢, i’d be a millionaire if it hit .005
multi-ducking-millionaire lets go and hodllll
.2873...lol! yes i know the exact amount but i keep buying some every payday so that number will keep going down.
retired owner of a taco stand on a caribbean islandonaire
10 mil cash after tax at $.05
how much supply has to be burned to get .05??
i have 18,851,531 shibs! bought them 2 weeks ago.
i'm waiting for .01 cents and i'm going go retire.
to the moon we go! 🚀🌕
hey man stop right now!!! my wife hates it when i day dream!! holding on to 21 million so i barely make the cut lol
100.9 mil shib and holding strong
load while it’s at ath or wait for the dip?
everybody said it about bitcoin back in 2013, aint missin the train again
staking 20 mil. hodling 87mil.
it’s nice to dream once in awhile…
the odds of that tho lol
fuck, i just looked up the conversion of colombian peso to usd, along with the gdp per capita of each country... you’re not joking!
guess i’ll be moving to colombian to live like a king
a million tokens are only
ill be fin with 50 cents
i’m okay with being a thousandaire but will still hodl
you're not to far! 😎
what does that mean? i also bought eth in 2017, but sold it before the market cooled. does the fork go back to a certain date?
we're on the same boat! hodl!
50m usd if it hits .50
💪😎 am not nothing wrong with that
you never know with cryptocurrency
you'll still make a good profit!
soon ass it dips buy you some more
you'll be super rich!
we need to burn 99.25 %
this is very interesting about this community everyone seems to be working together very nice
how much does it pays off?
yes people forget this unless there is some way you can pull it in cash
are you still going to hold at that point?
15,000,000 x 0.05 = 75,000
what would you ball dear
but the question is can she make your cut? or uncut jejejr
this is always a tricky question
is staking it actually worth it? i remember hearing people complaining in the beginning.
literally said by every doge denier. doge is now .25 up from .03 in january. shib can do the same. there's no difference.
and that is what people were saying when i was buying doge at .0016 and now look at it...
i'm 100% you do not want it, live here is like a suicide.
remember when you could get 2,5 mil for ? good times
10mil use to be
yep, i have atm 1 million and half
i converted my eth to eth2 earlier this year with the hope that the fork would be completed by now, but now they’re thinking it won’t come until 2022. and i staked my eth2 on coinbase, so i’m earning 4.5% interest on it until then. more time for it to grow, i guess. here’s hoping it guns for btc.
26 mil for me so far
i was going to correct your math but then i realized you’re looking at net after taxes
i’ll check it out and see.
the difference is. there is not 1 quadrillion doge
78000 years till there is as much doge as shib. burn rates taken into account 4000-7000 years. there is a lot of shib...
i was trying to get some when i could get 11,000,000 for 60 & again at 70 kept getting error messages 😭😭😭 now it is 360. 😠🔥🤡
let me know because i'll stake some as well
technically there is not 1 quadrillion shib anymore either lol
there is not 1 quadrillion of shib either, bruh!
it’s also legal to do coke in colombia. you can’t export it and i think there’s some arbitrary amount you can’t possess but my ex went there and it’s in all the bars for about ’ve been told. me i’m too old i’d probably have a coronary but if i for example were terminal maybe i’d go for it.
check out shibaswap and tell me what you think.
they definitely need to burn more shib. is there a downside to that?
technical yes...every year more coins are made. so the supply will increase over time. shib is a fixed unit. they will never make more coins. but doge will never get to they number of coins.
don’t care for that stuff lmao!
shib is burning, meaning less and less coins thats the opposite of inflation. shib doesnt suffer from inflation and never will. additionally shib is launching its own blockchain so it wont be relying on eth blockchain anymore
you are correct. good information! i'm hoping having it is own block chain will make it feel more credible for the general population .
let’s do to shiba what we did for doge ❤️
we are with doge not against spread the word
😄 drove past this yesterday
calling it doge killer won’t help. most people invested in doge invested in shiba. it makes no sense to try an compete when it’s room for all.
currently hodl 57 million but gonna bump that up to a 100, all i want is a penny
omg. someone realy belive in this. that the same as with dolar hehe
i think burn until .
sad to say, doge is hardly own by average joe investor anymore. having seen it crash with the market proves it to be so. as for shiba inu most of the big money sold out along with the crash, we are the new holders and we own most of the float. while majority of the whales jump ship we kept buying and holding the dip. doge is now owned by greedy rich men that will crash it every time it close to 75¢ to fatten thier pockets. as for shiba inu clan over 400k holders recorded so far wants to see 1¢ so lets go to mars
why call it dogekiller? that’s so dump if you want this token to go up, you need to stop calling dogekiller.
amount of £ in circulation: 86 000 000 000 amount of shib in circulation: 400 000 000 000 000 so, good luck with this coin. you might earn money, but the 10 million shib you've got wont be worth £10m
the doge killer moniker is going to hurt the potential of this coin... imo
good luck holding till your dead
it’s not the dogekiller if it’s made from doge’s icon
i have 70m and will hold til it reaches like 0.01 or thereabouts but its crazy how many people are on youtube talking it up to reach . just a smidge ambitious i'd say.
shiba is going to sky rocket once shibaswap comes out mark my words. buy now and thank me later
just bought some shiba inu for the first time, it is not much but it is honest work i'm in it for the long run shib to £1 🚀🚀🚀🚀
i wish that shiba would get burn at a 0.1 or even 0.01% ratio with each transaction. that would help a lot
i'm at 110 mil. let's head to the moon boys!!
lets goooo shiba gang
why are you guys really embracing the doge killer do you guys not understand that’s a horrible way of doing things give you such a bad look makes you look bitter and pathetic i have 13, million shiba and i have a bunch of doge coin as well let’s just get along and drop the stupid petty elementary school bullshit
lets fucking goooooo we must hold or die
doge is doge and shiba is ferrari.
dont do ...because its simply just not
calling it dogekiller is dumb af. i hodl both.
i want to buy like 20million shiba and hold for 1$
it's never gonna reach .01 and it does not have to. we can be rich if you wait patiently for the next crypto spikes in the fall. don't expect to hold to .01 becuase it definitely would not happen. even if shib keeps burning circulation supply, it still would not bring the coin to 1 cent ever.
someone needs to fix the doge killer part
hold about 100 mio, my wife forsibg me to buy more:)
global economy would collapse lol
if this goes to £1 i'll eat my own shoes.
someone sent this to me from the shiba army. i hope it’s not true.
just remember all those you’ll ( maybe we ) will be dumping on when ‘we’ sell to collect. a moment of silence will be appropriate.😔
i'm trying to get to 1 billion. eating cup a noodles for awhile hodl
botted up... every 300 point movement is 300k more shib for me.
holding onto 6 billion, waiting for that penny🚀🌚
80+ million and holding probably go for more
few faithful to this movement alot of people buying big during dip selling at 10% then starting over. can't trust the public the public is greedy and a me first society.
13 mil and buying
if everyone would just take one coin at a time to
if everyone would just take one coin at a time to !!!!
anyone know about when shibswap will drop ?
shiba coin will never ever hit 1 dollar, this coin is a scam and useless! put your money in seriously crypto coins or just on my bank account 🤣🤣🤣🤣
at this point i am very happy with .0001
i have 10,000 doge. i’m shiba and doge as i firmly believe both will be the currencies of the future. … i just missed doge. got in too late.
came to say this 😅... why put dogekiller that just sounds bad. maybe i'm just an idiot. who knows
because of the typo?
right well said .
i know right?? esp since their ethos is “do only good everyday” or some shit. might as well start a rallying cry of “f*** mr. rogers!!” why can’t we all just get along? doge and shiba to the moon!!
yup, agreed. it's also free advertising for doge rn 😂😂
would i be right in saying the more token shib burns the better it is for us well that’s if we keep the hype up
i have 150 mill right now
i got a measly 1.5 mil, plan on adding to that tho and holding as long as it takes!
12.5 mil now, going to keep adding through dips
i bethink burn until *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
exactly why i got out doge. seeing it go to 0.74 and crash twice and buying the hold on snl and as soon as it aired it crashed before the elon comment of hustle and rh not working
yeah its silly, hell ill be happy if we hit 1p
this, the unlikely dream is 0.001
i would be happy if it makes me 10k
agreed. dodge has far surpassed in popularity and this would not bode well for shib.
don’t delete this ... let’s see how this ages
even 0.01 is quite impossible
no it’s going to sky rocket once shibaswap comes out.
if you think this will hit 1 dollar then you do not know enough about crypto or currencies to own it.
2 different words dumbass, clearly not a typo.
i’m sitting on 100 mil too, trying to get to that 250.
same haha fuck it man pump it up when you have it i plan on going for 100mil next week
67 million right now... thinking of adding more at this lower price
you make a few good points here
they said the same thing about doge and it’s winning in the retail space and knocking bitcoin out. so give shib some time to develop it’s path the way doge did. it’s only been a few months since shib even made it to most exchanges. it took doge a few years to get the attraction it has now.
just enough to start a business
wish more realized this
you’re a clown lol. you’ll be lucky to see 0.01
bold of you to assume it exists
ah, yes. it's going to just multiply by 1m because they came out with their own swap. of course.
this shit is so cringy and makes crypto look stupid. buddy at work is convinced dote is going to go to , even though there is absolutely no reason to believe that, nor any reason to prove its possible. i'm holding shib, but we gotta be realistic. we live in the real world, where a .8t market cap is far from possible. even if we got rid of 50% more of the circulating supply, and it reached .50, it is be a .7t market cap. that's 136x bigger than bit coin. believing that shib is going to be bigger than btc is a fucking fever dream while high on acid.
damn dude nice! yeah i'll buy when i can, mostoney is going towards more pressing matters right now tho. would be nice if this took off quick, i could seriously use it lol.
how are ya getting without the gas fees? i’m in ny so i have to exchange via coin wallet and the gas fees are insane.
maybe if they burn another 50%. there is too many damn coins
yeah it would haha but we have to hold strong until it does everyone gonna be millionaires 🤣
use kucoin. no id verification. buy xlm from coinbase pro or binance first - send to kucoin. sell. buy shiba. if you try to buy directly from kucoin then i think you need to verify id but not if you do it this way 👍🏻
it's definitely possible, but incredibly unlikely. if it reached a dollar, it wouldn't be just bigger than bitcoin, but bigger than apple (which as far as i know is the largest market cap stock). not just bigger than apple, but 187x bigger than apple. do you think that is possible? even with 50% of the coins, at .01 it would be over 2x bit coins current market cap. so, if it reached that point, it would be safe to assume that bitcoin is has , meaning it is be a more worthwhile investment. point being, there is just no way we can cut the coins down by the levels necessary in order to get the profits we desire.
never said it would be better or happen any time soon, just too early to tell where shib is actually going. there’s barely a weekly chart to study.
try 70%+. even at 50% again, it is just far too many coins.
they address verify. i’m in ny so i’m stuck to coinbase w
you're comparing ethereum to bitcoin, which is not fair. sure, that definitely can and may even happen(not eth, but maybe another coin...). but do you think a coin, which has no proper use case, and the value is driven by nothing more than demand, will do the increase necessary? you can easily set aside market cap when talking about coins like eth, bnb, or ada which are the other coins in the top 5 for largest cap. i'm still new to crypto, and investing but it does not seem to make sense to compare market cap from bottom to top. it makes more sense to compare what coin it could overtake in cap, and go from there. ex/ shib cap at .484b. monero is at .53b. betting it would overtake monero would only require a x2, putting the shib price at .0012(cap at ). even doubling that outcome() puts the price at .0027, and make puts it at matic, ltc> shib > etc, xlm, vet all in all, that is the most possible scenario, and we still have to consider the driver needed to bring the price that high, word of mouth and desire for the coin. i think the only reason people will buy the coin is the fomo, and belief that meme coins make millionaires. once people realize that is not the case, they will drop shib, and possibly crypto as a whole, meaning less money in the market driving prices up. personally, i'm fine the a , since i have 3m coins, and i do not think i'll buy any more.
anybody trying to destroy shib will be sought after by the worlds most caring dog owner... john wick 😂🙌🏽
why not zoidberg?? (just leave mr. reeves alone)
great idea but this dude is low key and keeps to himself, he is one of the most humble guys in hollywood. keep searching 👍
i’m all about keanu inu
doge relies on elon...shiba relies on the community
he’s in like all 6 of my favorite movies john wik and the matrix!
epic keanu chungus reddit moment!
that would be amazing
definitely gets my vote!
hes all about keanu inu
this is a better idea then giving vitalik a bilion shib, should have gone keanu.
would love for this man to support our cause there is not a more genuine person out there. he is a true good guy.
he used to be a shiba dog before this life. reincarnation man!
i have all the john wicks movies... lol
might as well get bozo the clown
keanu does donate to the needy and so does shiba.
keabu for shina ibu
that would be so lit
but greene is already in our team💪
this is pretty retarded
can we have a hot chick instead on keanu?
he makes good movies , but he is a clown! bump that!
he is more of a cat person
some business person from wall street would do wonders
that's not how this works...
so shiba eanu then
keanu likes safemoon tho
there’s already too much negative stuff attached to shib for a guy like keanu to be a part of.
he cant be the mascot when theres a coin called keanu inu thats trying to destroy shiba inu... makes no sense grasshopper
yeah!! my dogs name is keanu! 😍🖤💯💯
the rock is better
fuck elon and fuck doge... elon straight gave my money to scammers when he ran paypal... when he endorsed doge i gtfo that shit. not worried about a doge doubler when we sittin on shib... fuck that guy though. we should get jeff bezos.
**more of a cat person, he is.** *-squidling_pie* *** ^(commands: 'opt out', 'delete')
ahh jeff bezos, one of the supreme douchebags of planet earth. fuck that guy, elon is way better than bezos lol
with choices like that, we should represent ourselves lmao.
or someone needs to go talk to keira knightley and she can have a talk with davey jones who in turn will release the kraken. we then slap a shiba inu coin sticker on johnny depps head and it will get him. it's worth a shot. even if it does not work big celebrates will then know of shib at least...might even get a thisney song out of it.
i’m new to crypto so this actually helped calm me with the huge dip so thank you
everyone freaking out about the dip but last week the same people where "gutted" they did not buy more when it was cheaper 🤷‍♂️
a lot of people freaking out over this ‘dip’ and here’s me just drooling at these low prices. fuels the buy demon in me.
solid counsel, thank you.
dips = buys! i first bought in with . now 5m costs you . soooo still gotta hold. my roi is still way up. buying more this week too!
i hate red sharts
i'm still fairly new to crypto and get a little scared when i see a dip. just want you all to know i immediately bought more.
i really hope robinhood gets shut down. it is a pure robbery. the gme case proves it. i am glad i left this platform long ago. decentralized platforms such as merry men are the ultimate place for all cryptocurrency investors.
but its fun being new in crypto and seeing how many paper hands there are
i was here when shib was at 0.00000735 well hell i’m not going anywhere now 😆
more people are likely to buy when the kraken and rh listing eventually happens since it is so low, so it is in their best interest to do it sooner than later!
happy diwali bro. i agree 100% with your sentiment.
where are shiba army?
people just need to buy it and forget about it for awhile.
just bought 2 mil more💎💎💎💎
casino time!!! buy the dip now bois and girls 🚀 🦍
not to take away from shib, but xyo could be the biggest pump machine ever. 12 billion total supply, it is sitting at 0.04 and is a geospatial mining tool for mapping real world.and virtual world applications
prices have already adjusted for exchange listings on kraken and rh. buy rumour sell news. dont forget.
idk, but, uh, you got any proof?
actualy copium...lmao the entire crypto market cap is falling...not just shib ffs
this has nothing to do w. look at the chart, learn about support and resistance. the coin has been "overbought" for around a week now, this drop was nearly a guarantee and could go as low as 0.0000345 before finding support. if you bought around 0.0000650+ without planning to either sell at the peak of the hubbub, or holding really long term knowing you'd be coming up on a near guaranteed dip, then this is a learning experience. shib needs to burn more, period. robinhood does not matter, shiboshi's do not matter, the "game" probably would not matter. there really is not any other exchanges to for it to be listed on that will send it to the moon, nor any real major catalysts that i've seen that will cause it to eat another 0 anytime soon. the supply is too large and demand is falling. it needs a proper burn mechanism, or another vitalik style burn. right now burns are not happening fast enough for people to care, the big wallets rode the wave and made their money, the hype and market cap are fading.
this is false news and 100% inaccurate
right i think one of the big things too that has people rattled is the miss-representation of the current circulation of shiba coins. with the coin market cap fake listing of 150 trillion extra coins, that’s got a lot of people concerned. i wish they would hurry up and fix it like they said they would do. it *should* be an easy fix.
what i spent today got me around 2 million more coins than it did a week ago.
been holding since may. started with 4, now i have a few thousand. it only makes sense to see it through.
i really needed this post. thank you 🙏🏼🧡
you are 100% right. people need to remember the end game and what is coming in december, their own blockchain. unfortunately nothing really different than like bitcoin when they bash, thrash and trash to get the price down and just like that they all of a sudden like bitcoin. shib is no different. people panic they usually get back in later paying more for less!
happy diwali brother...love from 🇵🇰
i sold 750,000,000 shares during the decline for 37,000 on an initial 10,000 investment. at 0000680. my plan is to rebuy at .000035 and keep the profit
i’m sitting at 72 million shib
dips are healthy... this is a small window to load more... noobs, you guys will understand this very soon.
i think too many people are busy with cats, bats, and a million other inu coins
it’s crypto, buy and hold - don’t worry about it or freak out too much. once you get emotional about trading - you’ve lost. crypto is basically gambling money, never risk more than you can afford. but if you chose to exit the ride, you’re not allowed to cry when we land on the moon 😎
who else is still high af rn
absolutely bang on the money, whales buy in millions then drip feed it out. while robbinhood and kraken dither around for the big drop then boom buy cheap to sell as it rises
happy diwali from the usa to my indian friend
crypto is not a stock. you should add non financial advice to this post.
sell now and buy again when the price is lower.
you all better pray that the og whale has intentions to burn the majority of his fortune. if this entity liquidates your hodl battle cry will become a warning for future investors...and you can kiss kraken or robin hood listings good-bye.
i’m still in the green lmfaoooooo. even it went down another zero mi still green muahahahah. eating da dips bitchesss
shib is not going anywhere anytime soon. i see a ***minimum*** of $.20 before it is all said and done. hodl and buy the dip. 73mil shib here and nowhere close to selling.
why does not india for diwali, give back the millions they have ripped off americans and others from the scams they pull?
if you’re looking to buy new alt coins, look into floki inu and rocket raccoon. both are interesting, but rocket raccoon pays back bitcoin once you hold a certain amount… it’s also dirt cheap right now. in case you missed my username, this is not financial advice.
the dip is because a whale sold 3 billion dollars worth of shiba yesterday
i bought 14m near the ath and i’m about to paper hand 75% of it
just doubled my balance on this dip. hold
hold until you die with 0 =d![gif](emotefree_emotes_packcry)
this is exactly what i’ve been thinking could be happening. i’ll probably put another .
yes, buy the dip. the dip we really should not have, but all the hoopla over rh listing shib, has backed off a lot of investors. i guess they feel its not going to happen. so, let us think of another strategy, rh free. people just cannot take the heat, so they run for cover.
>free tip: stop checking chart every hour. open only when you want to buy it with that extra profit you earned today. oh, that is so hard to do!!
just yeeted another stack on it.
thank you for calling me man lol just bought another 7 mil for . dropped my avg price from .000072 to .000067
this dip is delicious. where can i get the recipe?
did you guys notice any shills im the comments?
i hope you are right
shiba army... check out the video i made and help bring views to it... it keeps focus on a much bigger picture for shiba.
😂😂😂 why the hell would i sell i’m up over well over 800% gains since my first buy in so i’m good holding off on dumping another .00003
this is a bagholder making sure he can get out at his high buy in point. this is about to simmer and fizzle like doge did.
please bro, do not sell, big gains i proimise, give it time bro...
my bad everyone. i bought a bunch yesterday before the drop so that is on me.
buy now wouldn't be bright till it finds the floor. it would not be going up for awhile -50 percent more could happen they lied about the supply maybe thats why the hood is not listing it and talks about securities being legal sounds like a red flag.
the prices for crypto across the board are down.
why would not the devs dox? might make all this shit go away
yes it is a dip today, i am still up over 450% ' buying more on the dip. will push my , and will make more when it goes back up. ready to eat a zero!
once it hits the low 3 range i'll probably buy some of what i sold back lol.
let it keep goin down i’ll buy another 100mill at 0.00003
you have zero proof of what you’re saying lol
lol i'm still 2.5x my money even after the drop. i bought .1million more shib right now. some whales and exchanges are just mad their buddies did not get in at a lower price so they are manipulating the price so they can get in at a decent price before the next boom.
increase the gas fees burn more shiba and hold the price will 🚀
just bought the dip. got atleast over 30 mil in shiba. keep hodling
pulled out some gains around 0.000045 when i initially invested at 0.000025, now gonna reinvest those 🤓
not that the dips phase me but that is a very interesting outlook on the events that are transpiring, way to think outside the box bro
thanks for the encouragement.
make shart red? that sounds fuckin serious
this is a smart post. wow
kraken and robinhood they did not lie. it's entry strategy ... exactly like you said.
just bought .00 in shibs
i know i check mine all the time but i do not sell ever. it’s hard but you got to stick to it. bought another
i just got hard.
i’m in for a few dollars more. let’s get it!
just re-upped another 2.9 mil shibees for the long hold
i just noticed today (for the canadian shibaheads) that shiba is listed on wealth simple not sure when it was added, but its gotta be good, right?? right?? 🤞🏻
bought 50,000,000 last night and 40,000,000 today.
i bought at .000044 when it was going up, it is down to .000042 now so i'm going to grab another 1000 when it gets a little lower
this is what i needed to hear today man, holding 12m strong
holding til neptune and beyond. this is a life hand. not a get rich quick hand. buy more dip!! now grab your chips.
this is not a dip, this is a price correction and a direct result of the new circulating supply. also, the movement of the whales in the market. you do know that 73% of all shib is owned by only 10 people. if those 10 people are somehow related, it could break the market in about 30 seconds, you would not have time to react. by the time you open your authenticator to go sell, shib is down 90%. the new circulating supply added almost 200 trillion coins to the pie, diluting the value of the coin. so this is the actual value of the coin now, it is not a dip. god forbid we see a real dip. ' what you wanna do is use your trading account to open a cfd sell position on your shib to hedge the possible market collapse. when things stabilize, you can close your position and collect your shib. if it drops, you collect your cfd instead and do not lose anything. play it smart, do not just hope it will get better.
the dip is because a big whale took his billions of dollars (not tokens) out and transferred to other wallets. i’m waiting for a bigger dip and then i’ll rebuy
are you sure this dip is not a result of a person who invested , millions at a time? whether it will rebound remains to be seen. great news in the future. but this is not a temporary dip, let us be honest here. if you're here to hold long term you'll be fine, but if you expect it to increase 170% in an afternoon, increase 93 million % over a year, and then stay at that price... you're crazy.
dude i need more dip for this coin, too buy it all up.
a whole lot of us got on board in sept and early oct before the spike and are still stilling well above what we put in it so it is hard to feel the same concern. if i got weak and sold now i wouldn't lose a thing and all i can think is "what can i sell so i can buy more before it jumps back up?"
i bought more! good dip.
there’s tooo much passion and hype hype for shiba inu, our new pet!
not sure why anyone is surprised by this after the insane amount of posts that say “is ?” and “i just bought 100,000 shares when will i make a million?”. there’s a lot of people who see this as a money machine and haven’t really dealt with market swings, so this domino sell-off dip is definitely understandable. i’m holding though, i wanna see how this swings the other way.
🚀🚀🚀, shiba strong and holding long!
crypto and price manipulation. name a more classic duo.
what are the alt coins?
wealthsimple added it today, least in canada. so that is nice. also, whish i could post that image of wiping tears with money... sure, it is down right now. but i'm still up roughly 700 percent, so...
no panic! no selling.
i’m really not concerned at all. i had a feeling it would dip a bit (did not think it would dip this much) either way, i feel like a lot of people are selling now out of fear to at least double up on their initial investment. i’m not falling for the trap though. it will explode here in a few weeks.
just copped another mil 💸
if you read the tweet: “ we will list shiba tomorrow - but doesn’t think we can do it” technically he was right they couldn’t list shiba. this is a joke btw— to the fucking moon boys 🚀
their is a video game convention near me saturday. i threw . hoping this fucking explodes and i can go ham
lol, obama is garbage
thanks for this insight, i needed it.
my theory is that this sell-off has been triggered by fud in the news by financial gurus who slagged on shib (e.g. the big short guy), questions and misunderstandings about the true circulating number of shib, exchanges glitching out last week when they failed to keep up with buy surges for shib, failure of robinhood and kraken to list shib, the squid game scam, and finally false news about the whale wallets moving was the last straw. all these factors built up anxiety among shib holders, and now we are seeing a panicky sell-off. however, remember that bitcoin is the bellwether for the overall crypto market. its growth has slowed but right now is still holding steady in the low 60s. ethereum is still holding onto its gains over the past week, holding in the 45s. ethereum is important because shib runs on top of its network. (these coins are not shib's competitors. so their health signals how well the market is that shib relies on.) the good thing is that there may be many new shib buyers who will be less panicky and may be willing to hold longer, either because they bought in a higher price after others who bought before them, or they already own and hold shib and therefore are more patient and optimistic.
happy diwali! i'm happy to see india representing! missing lonavala and panjim... 🙏
let get shiba to 0.10
define “explode”, .00005, .01 ….?
how is robinhood going to affect the price and the level of demand ? the coin can already be bought off cb and binance, i do not see how the listing on robinhood is going to make any positive difference at all
collectively, we may be the biggest whale of all. always remember 🐋🐋🐋
what are the chances of shib hitting .50 in december if it gets listed on rh and kraken then?
this is garbage down 45 percent in 3 days
it’s a shit coin. don’t be fooled
dump its mother fking mother to 0 useless coin
yeah explode? did you mean implode?
so what ever happened with kraken were they ever going to list shib
that comment should end with...oh and if it crashed back to where it was not too long ago…it’s your fault...your money
dude, i up voted this comment, but it is too damn early in the morning for this deep of logic. 😳 hahaha.
cue a dancing and singing shiba inu 🎼 a whole new crypto world music 🎶
made me think of the wsb sea shanty-tendieman shanty.
i wish you'd just let it go.
if you are new hold your crypto for at least 2 years and see the profits
buy if you can ... with every violent dive.
ya dude shiba is unkillable bitcoin wishes they were as solid as the shibarmy :-)
i hope this helps you as well. last time a meme coin like shiba inu dropped down in price so much after being pumped it never went back up again and millions lost their money. this happened not even 1 year ago. good luck if you bought at ath or close to the peak.
if you are new please make sure you do not listen to these people. don't take their words as financial advise. you will lose most if not all of your money. be careful.
and they’re gutted now because they watched their 10% from where they bought evaporate
at this point, it would have to go astronomically lower for me to lose money (like 0.000007 low) — so whatever. was nice seeing those 800% returns for a while.
right! can someone say “fire sale!” lol i remember the days when you could buy up 2,000,000 shibs for . those were the days…...
anyone freaking out over a 10~20% drop in the crypto space is clearly new here, and haven’t looked at the month by month or ytd... this ain’t no squid game bullshit and the patterns formed over the last 6 months have shown that
right. i no longer do business with them when i got burned on not being able to buy more doge when it was sky rocketing or crashing. i signed up for the class action law suit on it too.
tbh, decentralized platforms are insured, and for the most have non existent customer services. they’re not safe too safe. but high reward
as much as everyone hates robinhood, unfortunately, we need it. they have too many users for us to afford for it to be shut down
they wont shut down. they’ll get bought up by another company and change the brand sadly. i wish people would stop using them and start learning how to use dexs like the one you mentioned.
i have been in the process of selling my little stock i do have with rh do be completely done ✅ with them for good! i can then buy more shib with selling my “little” stock on rh 😁💯 lfg!
just comes with experience
you said your new to crypto so you should probably learn to appreciate the different methods people use to trade crypto, alienating and name calling the majority of traders taking advantage of many coins is a poor way of contributing to a community of people. jumping on a toxic us vs them meme train is immature and shows a lack of how the eco system works.
yes, imo robinhood was not ready when coinbase beat them to the punch, they like anyone want to load cheap and really now if they do not take them, who cares, i do not and would not have an account with r. they have little to offer. people are forgetting all of the other exchanges adding shib with more coming and the amount of investor holders now at 908,322 and growing daily. just over a week ago that number was 750k. shib is down but far from gone! beat the greed at their own game, i know a lot of people on sidelines waiting to compete for the thiscounts.
that’s the 4# “shiba rules of acquisition” lol
i was waiting to see this comment!🤌🏽
we’ll see we’ll see
how is it a miss-representation? the circulating supply increased by 50% and the total supply decreased by 50%. they are now equal numbers. the circulating increased by 150 trillion and the total supply decreased by 548 trillion.
i got 300 mil, got in at .000008, .000010 and .000019. i’m holding, dips will happened, not worried at all, glad to hear that many others are not afraid to stick with their guts✊🏻
77 here, i’m holding it idgaf
me too! i got in late but am still not selling, in the long run it won’t matter that i got in at 72, 65, and 55
i’m hodling my only regret is buying the dip too early at 66 and 55, but in the ling run it won’t matter i have 70 mil and will not sell
this is roulette advice lol
burning his fortune = cashing out. taxes are cool and all, but you'd get bent over if it were in a lump like folks are scared of. the wallet is likely to slowly withdraw for cash situations and leverage their holding against real world fiat loans(and buy assets that return-i.e. real estate), paying no taxes on these loans.
20 cents? do you realize that the cap market would be like 60 trillion and bitcoin is 1 trillion at the moment? even a half cent would double bitcoins cap… i’m not saying that there’s no future in this coin but people need to be more realistic or understand the economics of what they are saying…
i'm going to start calling over there and asking for their social security numbers to buy more dipskis😂
how do you buy? i use coinbase, but it seems newer coins are never tradable.
feels bad man, at this point i would just hold and hope it ll to up within year or two, youre on losing position atm.
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the whales thank you for your donation to their wallets.
you sure about that? sounds a bit like speculation
yeah me too, i caused the last two dips from trying to buy the bottom
but it was not garbage when it was up 150 percent in 7 days.
i gotta stop reading these comments. so far i have let it go and now a whole new world songs stuck in my head.
we need to make safemoon version.
nah they bought at .0000068 and sold at .0000062 and bought back in at .0000074
you got 800% returns and you did not sell? ok then...
so many shibs for cheap, everyone saying the coin was dead, as we quietly filled our bags with a smile
i got 1 billion with . and since then i am still holding ... .01 !!!!!!!!
it's down 89% on the week...
exactly. i doubt many even read the white paper or watched any content about the doggy dao, liquidity pools, eth blockchain, etc. how people are still worried this is the same thing as some shit coin you weren’t even allowed to sell, i’m sure, i don’t know.
it seems quite usual for robin hood to stop selling or buying when it is inconvenient for them or its power users. i use binance for my shiba and never had a problem with it.
you're about to get robbed by some lawyers
since my post 1 hour ago we have "gained" 364 more holders! point being take this time to look at bargains! shib is not going anywhere imo!
that’s nothing man... next time you get lucky... dca is good... every day is a good day
the vast majority of people in crypto have no idea what they are doing, which is why they mostly “invest” like it’s a horse race and they got a hot tip that is jacked up on steroids or something.
i understand the economics fully and also understand the realization of competition between companies. shib wants to be the doge killer and could initiate a burn overnight...or list on robinhood...or kraken...or amc...or tesla...or some company we have no clue of right now. i understand market cap, where it is at, and what it would take. they started off giving 50% to vitalik and could easiliy "donate" another 300 trillion with the push of a button. yes, it is a far reach, i know. but, it is a possibility. if they want to be the doge killer and doge is at plus $.20, wouldn't they do anything they needed to do to be above that? just a thought here.
i used pancake swap. there’s a guy on youtube called “crypto kingdom 78” (pretty sure that’s the name of his channel). he walks you through step by step. he can explain it better than i can lol. all i can say is it’s worth it. again this is not financial advice.
is it better to recover ?
some people have diamond hands, babe
people will always have their opinions, but most are not seasoned investors. these things happen to every investment unless you have very lucky timing. i've thrown fundamentals out of the crypto market because it seems to have more to do with popularity than anything else. from my research, i have really only seen four coins that the laypeople talk about and that is btc, eth, doge, and shib. what i see happening at the moment is that the large whales from the previous run-up are taking profits and so are some of the smaller investors who popped in from the week of news reports. however, i feel this is as good as time as ever to get in a solid price and wait until it hits .01. with it is popularity with regular investors i can see shib following doge. coke-pepsi.
it’s repeating the history of may in the aftermath of being posted on coinbase. there will be another massive increase once other trading platforms get to a price where they will be ok with adding the listing but it’s gonna ride low for a bit till then, but the dip!
care to explain your math for us. let's go high end of .00009 and new low of .000045. that is 50%. so how are you getting 89%?
24 hr% = 16.50% decline and the next column is 7 day% = 19.50% decline. where exactly are you seeing an 89% decline? even coinbase's information coincides with this.
its up 700% over 3 months
that’s not how a class action lawsuit works. he doesn’t need to consult with any lawyer. he simply fills out and signs a paper and he and everyone else who signed will get mailed a check if the plaintiff wins. usually if many people sign up the winnings will be minuscule.
🤣🤣🤣🤣… love that comment…
agreed...that is why i'm leveraged on bitcoin, cardano, and eth at the same time. diversification is key but sometimes the lead horse actually wins a race or two. it's all leverage mixed with a little jacked up steroid fun every now and then. :-)
i get what your saying and no thisrespect intended but your reaching and wishing on a star instead of making sounds financial decisions. the smart move was to sell because “you” knew, most of us knew that the whale was moving his money after being dormant for a year. it was inevitable that it was gonna drop. the smart financial move was to sell and wait for the dust to settle and rebuy at a lower price with more shares since you believe in the long term. price really shouldn’t matter to you…
lol i cannot tell you how pathetic that phrase is... thanks for holding the bag though. i appreciate the money.
if shib follows doge that is a bad sign. doge has been dead since it was pumped and dumped last year. pretty much what seems to be happening to shib now.
ok what does that have to do with you saying it is a 10-20% drop when in fact it is a 90% drop? does your prediction of an incoming pump somehow make math work differently?
[why do not you send an email to coinmarketcap and ask them?](
it's off the screenshot i posted above, taken from coinmarketcap when i woke up this morning. if you have issue with the number, take it up with them, you can see it clear as day in my screenshot under the 7day change column.
what does that have to do with the other guy claiming this is only a 10-20% dip?
no, but your heart's in the right place.
i'm aware of how they work. by signing up op has given you his.
no offense taken at all. i love this community and am still just learning. the truth is that i bought shib over 700% ago long before the price now. if i cash in now, it is a 700% return. for that fact, if i cash in 600% less than where it is now, i make a hell of a return in 2 months that would beat every stock or mutual fund i've ever been in. i believe that it is not done and it is better for me to hold where i originally bought in. i know that is not the same pattern for everyone, which is okay. you like nachos...i like chimichangas. we can still enjoy mexican food together. :-)
wasn’t me saying that, was the person at the top of this thread. it hasnt dropped a that much (90%) in the past week - more like 36% ish but shouldn’t be a reason to worry based on historical data. haven’t looked into the specifics but shib fell off it’s high horse before previously after a huge bump so the data is seemingly following the previous trend
i'm looking at it right now lol. says -20% in the past 7 days.
i'm taking it up with you because you posted it here. but if you still have shib coins, what exactly are you trying to tell everyone with that information? anyone can look up the stats. help us understand your point. maybe there is a misunderstanding somewhere. we all have shib, so i would think we're all on the same side.
some idiots fail to see the big picture
i mean, a 90% drop off is definitely a reason to worry, unless you like holding bags for months while the rest of the space explodes for alt season and you cannot jump on because you did not hedge the shib play when it fell. then life happens, you're broke, you're mad because you lost half your bag value to a dip, now rent is due, you sell the rest at a loss, and 2 months later it explodes again. this is the story for so many people in the past (myself included) who blindly diamond handed even when very clear signs were screaming sell. if you've got enough to live comfortably on fiat you already have, sure, diamond hand through a 100% correction, but for most people that are actively trading to try and increase the bag, the .000058 stop loss was the way to go when it sat up at .00007
the screenshot i posted was from 15 minutes ago on coin market cap. the 20% is the 24hr change, look at the next column.
i posted it here because of the mischaracterization by the above poster of this current shib plunge as "a 10-20% dip". it's just fell from mid 7s to mid 4s after touching 88 les than a week ago. this is not a 10% dip. that's it. then you decided to engage with me for whatever reason, accusing my of fud spreading rather than seeing the very common sense argument of "when things start to go down, wake the fuck up and do something about it, do not just diamond hand into the dirt".
the big picture is that referencing a 700% gain over 3 months does not really inform anybody who bought in the last week (most people who currently own shib). it's like telling people to buy bitcoin today at ath because it is up 5000% over the last 3 years. there are reasons to buy btc today, but it is growth from 3 years ago is not one of them. the meme energy is absolutely sprinting out of this community, at this point if anyone has not already taken what they want out via a stop loss in the mid, might as well ride the bag, but my feels go out to people who fomo'd in at the top.
please stop with the fear mongering which is intentionally or unintentionally based on inaccurate information. if you've sold your coins, got out and were happy with your decision, you wouldn't have the time nor desire for what you're doing right now. try visiting a coin forum you believe in; we're all adults and do not need investing advice unless we ask for it.
almost everyone here’s first stock or crypto was a fomo. i’ve held bags for far shittier investments than this token. and someone always has to buy at the top. if that didn’t happen and people didn’t hold though it, the new floors would never be built upon which to ascend. i don’t thisagree with anything you said. it sucks. and comparing my 700 percent gains to someone who bought at or near the height is hardly the same thing so you’re not wrong. but the bigger picture is that people that bought high (and continue to hold) on this upward rocket ride are second only to those sending large batches of money to the burn wallet when it comes to who believes in this project and who doesn’t. and my hat is off to them. because i’ve been them.
his point is that over time it has gone up. the people hurting right now with this drop need to be patient and wait out the next run. it happened with btc and eth this year. all time high to huge drop and then back to a higher all time high. it'll come back, but it is not gonna happen quickly. (or it might, cause crypto)
never feel bad for idiots bro
>please stop with the fear mongering what fear mongering? is anything short of "diamond hands forever bby 🚀🚀🚀💎💎💎" fear mongering to you? >if you've sold your coins, got out and were happy with your decision, you wouldn't have the time nor desire for what you're doing right now i sold a good chunk at .000058 and rebought at .000042, so i have the same total i had when the day started, plus . that's not fear mongering, it is common sense. >try visiting a coin forum you believe in; we're all adults and do not need investing advice unless we ask for it. yeah, but you're perfectly fine shrieking investment advice (hold you paper handed bitches! hodl forever!!!!) at the top of your collective lungs, even though we're all adults here and nobody asked for it... it's a shib sub, of course people are here looking for advice and to see what the community is doing in order to inform their investment decisions.
i hear you. i'm the opposite though, my initial crypto experience was buying eth a few months after the drop, evangelizing to everyone i knew to buy in, stacked up a lot of them...and then had to sell when i unexpectedly had kids and life needed the money. also dicking around with bitcoin faucets and silk road back in the day. i'm a perpetual rocketship misser, so i still have my bag loaded, but i got in at 5 zeroes, and i've been around long enough to see when it is time to pull back a bit and diversify. thankfully i had 30% of the bag on a stop loss at .000058, which is making this dip a little easier to bear, since i can buy back the bag total and use the scraped profit to play into other alts i've been looking at.
or it might not, cause crypto. my point is that just dead handing blindly because "it always goes up" is how you become a bag holder for 6+months or longer instead of a bag grower that knows when to take profits, giving more money to either grow that bag or deploy to other alts. deadhandling blindly after buying in at ath just amplifies the stupidity.
i do though, the idiots that fomo in at ath with no stop loss are almost always newbie retail who cannot afford to lose it. bad for the space overall, if long term adoption is the goal. still, everyone's gotta learn sometime.
"fear mongering" by inciting fear in others with inaccurate information such as "an 89% decline in a week" which you have yet to address as to where exactly you found that information since others are not seeing what you see. that' should be pretty basic to understand. also, post a copy of a post by me shrieking any investment advice...please. and no, not everyone comes here searching for advice. some come for any additional information that may not be in mainstream news or anywhere else, for example. there are plenty of threads begging for advice, i do not believe this is one of them.
number one rule for investing. don’t invest what you can’t afford to lose, it’s that simple. don’t want to panic because you invest rent? don’t invest rent.
if it is not their entire load, i do not see the issue with holding on unless they are sure they can take the loss and find a better way to make that money work for them.
that’s what i’m saying, they gotta learn one way or another. of course buying in shib at ath isn’t best decision. i believe they’ll still profit eventually. not anytime soon tho
so they’ll probably sell off way before then
>"fear mongering" by inciting fear in others with inaccurate information such as "an 89% decline in a week" which you did not address as to where exactly you found that information since others are not seeing what you see. i posted a literal screenshot of the coinmarketcap page at the time i looked at it you muppet. i literally said that in my first comment. if you have an issue with the number, send them an email asking why it was on their site when i looked, i do not know what to tell you other than that. if you're feeling fear from anything i'm saying, that is your atrophied brain kicking in telling you to use it for a change instead of watching your gains you made over the last month evaporate into thin air so you can high five a bunch of other anons holding the bag with you.
that still does not mean you should be stupid with the money you can afford to lose. all i'm saying is that the blind "diamond hands forever" investment strategy is a meme, not sound advice. sure, be long on a project and always buy back in to your initial investment total if you want, but there is zero reason to not protect yourself and set stops to make money on the way down as well as the way up.
it does not matter if it is 10%of the bag or 100%, if you are trading crypto and you do not know enough to watch the chart and set stops and rebuys, you're leaving free money on the table. i played with 20% of the shib bag on the ride down after my initial stop hit and i was able to rebuy my original position and i have 500. most retail does not have the knowledge or the stomach for that, so they are either eating the loss or holding the bag. it's just important to be aware of your audience, and shibarmy is mostly new investors, so i always am sure to advise accordingly.
no muppets here. i see i'm dealing with an immature adult who results to name calling and insults when they lose control of their emotions. good luck with your investment.
when i see someone say "where you even get your info bro" in response to a literal screencap and explanation of the info source, all i see is a muppet.
team player. i lost 5k and made it back overnight. scared money don’t make no money
i hope we can eat a 0 soon. then rh listing us and we eat 2 more 0. booooom
no. with how crypto markets go and how this one looks you'd have to be a smooth brain not to see the risk, with how it is looking, and it is popularity and exposure growing. i'll gladly lose money taking the risk. the reward potential is too hard to ignore. money well spent in my opinion but i'm a dumbfuck so who knows.
if you're stupid then a lot of us are well.
imagine being the guy that bought ’s now worth billions. i just can’t comprehend after the article i just read.
stupid is not taking a chance at anything in life at all.
i bought 10k when it was .000083,,, and no regrets
nope you are definitely not stupid. keep pumping this and let the paper hands bail now. consolidate and boom we at .01 in no time
if you've got it to blow and your bills are covered then it is better than spending it on eating in restaurants or shopping.
only time will tell.
yes you're stupid...should have bought more hehh heh well done sir, see you at the bar on our own island
you might be. i might be. we all might be.
i put in 2k yesterday when it was at this price and watched it fall all day, just to gain it back today. shib is a wild ride, man
it’s a shiba inu coin, it’s basically like buying apple when it first came out. only better
hell no considering dropping another 3k myself. the exchanges are putting people on waiting list so they can’t buy. higher highs and lower lows this is going to be huge. look at the charts
i yolo’d. best decision i’ve made (besides marrying my wife).
smartest man i know
i wish the team came out with more burn ideas. let’s get the supply a bit lower. that, combined with a rh listing, and maybe a good tweet and, it’s a wrap!!
your only stupid because you did not drop it in february. hodl mofo!!!!
414k petitions done. robinhood waiting us. 🚀🚀🚀
i put in . we got this 🚀
you have to spread out your investments. 200 years of investment data suggests never throw all your eggs in one basket. if you don’t have good investment strategies, you’ll lose any lucky gains to bad habits in the future. making money is hard, but holding onto it can prove more challenging for most. look at stable coins to hedge your alt coin investments. eth, ltc, algo, amp, btc
nope. go for it. this may be the once in a lifetime opportunity
just hit the rewind button, all good
you have a brain. it says think abt your future!! ✌️👍
nope. doing the same. i can always make another . notafinancialadvisor...
your not alone! in for the long haul love this community!
you are not stupid i did the same thing about 20 min ago
i cannot say whether or not you're stupid, but investing 5k is not stupid or not.
hell nah, i did . good work
just be patient and you will find this is the easiest money you ever made… if you panic at the first drawback it will prob be the fasted money you ever loose!
idk probably most of us are but this thing is going to eat another zero at least. we haven’t seen the high
best money buy you ever bought! welcome to the shiba army !!!!
i bought ,000 today at .000069. excited for the future.
i feel like i am a member of the 300 spartans my profession is to hold!!!!!
big brain. we got this 🚀
nope. you’ll feel real smart when it doubles for you in a few days
careful, he’s a hero.
no you're not we're going stable man, shib will be ups and downs but that is how crypto works. hold to die my man
if you lost …
it's stupid if it is your only investment. if you've already got money in btc. chasing the absolute highest return (especially buying near the top) is a great way to end up screwing your future self. much better to spread out to a variety of things.
yes. just keep on being stupid!
no, you are legend.
nope! if you’re dumb, i’m dumb too, i bought more today too
you’re the perfect kind of retard
no. i put 20 last night
big news coming soon
no. your retarded. but thats what we apes do 💎💎💎🦍🦍🦍
yup you are stupid if you sell😱😱😱
are you stupid? probably. was this investment stupid? probably not.
yeah definitely a dumbass you should have put 10k down. 😃
chance for 100% loss, chance for 10000% gain. stay strong.
you’re the future elon musk.
just bought my first batch - just joined this sub help me retire please!!-
i bought .something mill of them. my expectations may not be as lofty as most of you and i’d be happy for it to increase 10x from here and doubtful it can go much higher in the short term just due to market cap would be higher then bitcoin at a penny.
if i could afford to lose it i would. waiting for another dip and i’m scooping up another .
i bought at the atm, then saw it go down to the mid 60s but i did not sell any, i still hold my 245 m shiba coins
yes. full retard. god speed you beautiful ape bastard!🚀🪐
see you at valhalla brother!
nope your not stupid for that your smart. the stupid ones are the ones that got scared and dumped it when it went down. their loss is yours and our gain. they’ll regret it when it blows up again and they try to buy in when it’s higher then before
in room full of people with 1 iq... you have a iq of 1.1
only if you can’t afford to lose it
no if i had 5 k i would buy more shib
elon coin just went live in crypto.com just like coin base. you guys should go buy before coinbase allows open trading.
nope. currently hodling 1’t sold a single coin. stay strong and buy those dips.
just buy and stake your shiba in binance, you will make more when shiba keep growing. if everyone do the same, shiba will continue to grow
fuck robinhood, we are the biggest army here, we can grow and reach our goal without that crap… robinhood steal from poor to give to riches
let me help you guys out, robinhood is the wale buying right now. they have to make sure they have enough coins on hand when they list it
the absolute worst case senecio would be you could loose all your money that you put in… the coin could basically crash to zero
only if you needed the money, but regardless, it will pay someday, rather 5 min or 20 years. it will pay
obviously not but since you had to ask you probably did not buy 're just fishing for attention...
we're gonna be fuckin rich hehe yea boi i'm gonna do two chicks at the same time man
not unless you put into dogelon 🚀
you are 110% stupid... unless you just have 5k to throw around. but even then you would be much better off putting it into a coin that actually has things going on with it. not some . guess you'll learn the hard way
depends on what you are trying to do. if you think it is going to go to .01, then yes, you are not smart. if it went to .01, it could have a higher valuation than bitcoin. like almost 10 times higher... so that is not going to happen, but you could make some cash , just prob not what you are thinking
i thought everyone here was stupid. i’m definitely stupid.
yesterday would've been better for you. but it is still a good time to buy.
yes but that does not mean it will fall through lol
with all the ether being burned….shiba is def goin up in price
dropped another 2k in let’s goooo
no because so did i. 😂
you can blink and it can up or down. let it ride!
nah just retarded. that’s why we’re all here winning and will continue to win.
quite the opposite my friend
you are not stupid. you are genius! congratulations
big brain 🧠 move
“this is it. don’t get scared now.” kevin mccallister
probably. welcome to the club let's fuckin go!!! 🚀🚀🚀🚀
only of you do not hold. have to hold. there is so many behind the scenes things going on with shib. good things.
nope. i like the comment "scared money do not make no money".
no things go up and down we are all good. probably got rid of the weak babies this past 48 hours now we are ready to roll
if you understand the inference, your forest gump stupid! if i were you i’d keep buying more till you reach your goal. got 800, 000 more myself today. and wow! just got a message on my robinhood app. i’m now closer to getting my robinhood wallet. now 1,011,865 in place to get my wallet soon. !!! looks like that listing will happen sooner than we think!!! let’s help each other get there!
gonna be stupidly rich 👍 i myself don’t have the balls, but i have several hundred spread around.
don’t invest something you can’t lose.
i did 2k today with some technical analysis.
me and my friends have been burning 10 percent of our shib every month since august this year. help us burn more shib. even a little contribution of yours will make a difference. here is the no access wallet address:
you're still in time for another 50% gain buddy
pleaaasseee hooollddddd. do not sell. holding 205,000,000 fucking shibaaaaass
we will hit 0.01 soon
gonna be stupidly rich.
not if it drops a few more zeros as planned...
i got another 2k lol.
shiba is a utility token and has value, so be proud!
if i had 5k to spend i would have done the same thing.
today was a great “buy the dip” moment
be careful. if you’re asking it sounds like you’re nervous about it. only buy what you are ok with losing. good luck my friend!
you’re a genius 😈
nope not stupid at all!! loan your boy a couple g’s so i can join you!
same i saw 5k drop but no paper 📄 hands here now back at the top
yes you are but dropping 5k gets you a pass, when that 5k turn in 500k everyone will think you are a genius, people have a way of looking past people's looks or intelligence when they got a fat bank account.
you are the stupidest genius that’s ever lived.
i’d rather dumb and rich than smart and broke af. lfg 🚀🚀🚀
no shib could potentially rise. but if it drops maybe next time you won’t be so quick. just have to be devoted and keep an eye on values if you catch a mean drop and invest right on time you’ll see payback in second even.
not stupid at all. what we just saw was a whale. this cooldown period is almost over, and we will see more whales from now on. the closer this gets to large investors and robinhood, the more we will feel these pressures.
u r a very wise person. believe me.
gonna be stupid rich!!
this is the way 🚀💎🚀
yeah bro but fuck it, it’s food stamps or ferraris my guy. no in between!
i wish i could get more tbh. i bought a million at now it is just skyrocketing lmao
!!! great play buy the dips hold the bags🦍🦍
only if it craps out. yolo
i'm stupid, but not because i put thousands in shib.
yes you are stupid. should’ve dropped 10k. k bye.
be careful in posting sentiment and mood. helps to post that we are dumb and know nothing. and to remind others to do their research:d. i am dumb and know nothing, except what i witnessed with gme. there are federal rules and regulations about this stuff (aka colluding). yes the big boys get away with it constantly. which is exactly why they want nobody else to (aka you). stay strong. be smart!!!! if you’re dumb, no lambo. if you are smart, lambo city. i personally like subies so all i want is to see you all succeed and ride into the sunset with my wife in your lambos with vanity shiba plates. one love. this is not investment advice. my brain is so smooth it’s now flat.
who else is loving watching all the money robin hood is missing out on by not yet listing it?
nah, i'm in . worth . go big and hold the bag
if you can afford to lose it, no.
lets be stoopid together, just bought 5 mill shib
very smart. about to double your money.
no, you will be fine. we are gaining support at higher levels.
stupid?? only time will tell. that is with anything in the markets. idiot and genius has a very fine line between them in this world. crypto market is in its infancy. no one really knows where it goes and what will be the coins to have down the road. wish you luck.
also if you’ve bought through crypto app you get a chance to win shiba coins, nft or other related shiba money
probably lol but welcome to the group of fellow stupid apes 🤠🤯👍
i’d do it if i could put it on the credit card; coinbase won’t let me use a credit card.
i'm mining . if you guys want to cpu mine shiba lmk i can show you how.
i’ve only taken out my initial investment. still have 700 million coins
gonna drop another 1k mondayish.
did the same thing two months ago , did i fuckup o hell no
keep buying! sunday night is going to wild!
only if it goes down
i cant stop holding
i jumped in when it was pretty cheap(i think it still is) i picked up 91+million shares and over the past week looking at this shiba inu rise and fall makes me wish i would have bought more shares. lets go!!! shiba to the moon!!!!
what's living if you do not pull down your pants and slide on the ice once in awhile 🤷‍♀️
to the moon boys!
nah, you’ll make a return. give it some time.
you smart and loyal
solid move my friend, i buy every time it dips.
you will lose it until you sell it:)+555 i was down dip 10:)
nope, bc amc movie theatres thinking about adding shiba to their list of crypto to be able to buy tickets and gift cards online
i’m with you and holding. the trust & loyalty is strong amongst this army. one falls, we all fall. in numbers we have strength brothers and sisters!
that's about 65-66mil shibs
drop all what you can! bill run not going anywhere for weeks
dang…if you’re stupid then i’m stupider
never too late. if cardano moves up to , i would still buy at . you bought tons at
maybe a little. have fun lol
i like my shiba in the mils
just a few 👍
naa your good. just do not put all your eggs in 1 basket
waiting for all the drunkards to come home from friday night drinks and blow their whole paycheck on shiba... shiba shiba shiba shiba
you’re a retarded shib 😂
i dropped 7200 to get 101m coins in last 24 hours. this isn’t significant money to me but i think the reward is a lot greater than the risk. this is doge coin part deux
no sir, think of it more as, being a team player! i appreciate you!!
pew 🚀 pew 🚀 next week, buy buy
i was scared to drop 5k when it was at 0.000005... well you know the rest
i just sunk in . wait and hold. over one week it’s up 157%.
brave is confused for stupid and hero a lot! checkout naruto season 1
diamond hands my friend
no. you’re retarded. just like me.
won’t be in a few years, good luck man! holding strong
no - and no paper hands. we hit our peak and people cashed out - let’s drop a 0 this week!
penthouse or the poor house... you choose... i am not selling
when it’s up to .01 or more, you can ask that question
as long as it was not a high-interest loan you bought it with, you're not stupid.
not at all for long
you're probably the most intelligent person i've ever seen on this site.
go you! again again
my friend, you are smart not stupid
you can purchase for free on webull
push the line bro
naah just a smart investor !
just bought another 10 mil bringing me to 115m
my girlfriend talked me into dropping 500 in at .000079 a few days ago and i thought maybe i was stupid for doing that cuz it dipped the next day but now it’s getting close to breaking even at least. luckily i bought 11 million at .00001 a month ago so it evens out.
retarded af you might just fuck up and get rich 🤑
get as much shib as you can before it goes parabolic again
same douches that were spewing their hatred our whole way up and are now bitter they missed out. go back to your doge subs
you would not regret it
probably it’s at a high you should have yesterday
wouldn’t coinbase go bankrupt if shiba hits 0.01? 🙈🤔
nah bruh! get that grip!
im holding 450 million shiba and holding, it won’t be stupid when you have multiple your money many times over
yes. but if everyone’s stupid then nobodies stupid.
i have a good feeling about shiba, as new currency coin developed to run on eth platform but remember coins take a long time to establish. they can move up real fast and fall just as fast in price. only time will tell if this will get retail acceptance. that being said, webull, coinbase and possibly robinhood, amc and hopefully lots of vendors will accept this coin as payment, again only time will tell. 💎✋🍺 and don’t spend more then your willing to lose, this way you can sleep at night. 😃
depends on who you ask. to us, you're a damn genius. ask people in some other coin groups, i bet you get mix results lol
stay committed and convicted
i’m waiting for ath to ease. then going all in once again. i wanna buy back at 0.00003
name the house before the yacht. lol
just hodl on for the ride. it will change all of our lives.
if it does hit we should setup a meeting to do good by it. thoughts???
u smart,in 30 days you gona ask your self why i did not do 15k,i just spend extra 20 k... train is on,kill doge!!!
rh shares r down,pre ipo filling, shiba is their savor, and mine 2.lol
i would've just spent it on crack anyway
youre stupid for not putting more :d
or maybe the best decisions ever made . stm🚀
i dropped another 1k so let’s go!
not stupid. i too dropped more money then i’m comfortable with yesterday! lfg. i believe i can fly!
never invest money in anything that you cannot afford to lose.
that’s crazy wtf they doing
we both could be stupid or rich! lol
not at all buy low buy it high keep buying till there are no tokens available and it will surpass going to the moon we are going to pluto
if i had , i would too
depends if you bought on the dip…
money hides behind fear.
i bought about same amount.
i might too if i could
not at all. sounds like your setting yourself up for early retirement.
probably not... but next time buy the fud. free publicity is more profitable than anything... ask donald trump bout that 🤣
smart investment only i like it
nah, i put a little bit of each paycheck into it while it is cheap. the gold mine is worth the investment and the wait.
time will tell. 😉
if you ask reddit that, deep down you already know the answer.
in the best way! diamond hands til at least
i get my check today i’m thinking about dropping another 5k to
1 penny by december?
it’s not stupid if i had more money i would go ahead and put money in now before it goes up again and stays stable at a higher price even if it goes to 25% of a penny a lot of people can get rich
yes. i've been trying to warn this community it is price manipulated to stay below 0.00008.
i'm up to 9k now any still adding more. know thi, heed it: shiba is even more contagious than covid, spreading like a fukin super wild fire.
i down voted you for saying is this stupid… clearly this a the beat play or you wouldn’t have done it, just like me. ;) see you on your own planet
i’m gonna name my yacht this!! scared money can “knot” make any money. hahahahahahaha
“scared money don’t make no money” sounds good as next tattoo. holding here and dropping every week
say it again scared money dont make money!
“scared money don’t make no money” shib anthem……...
is rh expected to list it?
if we eat two more zeros i can actually not be priced out of moving out of my parent's house and buy my own :)
if this guy can drop , he is very smart. if this guy can drop , he is a fucking moron.
i'm a dumb fuck too, still hodling
this one gets it. smooth brains united!!!! i’m a gme reject so i know nothing. i just like the dawgs
surrounded by dumb fucks!! looking at myself in the mirror when i said that
it actually happens, why not us, better then buying lottery tickets, buy shib and a real chance to make life changing money. also can help some people in need along the way would be a great feeling.
how much would them taxes be though if he pulls out?
seems like this person’t have access to their wallet though, i’d sell right away and never hold to
i bought catge crypto for a high risk chance to rock my world - dreaming is good!
i hear ya brother
i bought in a month ago… no regrets here either.
.01 is nearly impossible, than this coin would be worth more than bitcoin
you wouldn't say that if you were hungry or naked.
i just read all the comments and thought i was having a stroke 🤷‍♂️
tell will time only -some green dude
this might be the way
shib will tell time
please invite me to said island bar.
i’m kicking myself in the ass for not dropping in february with my friend. she’s doing well now. i just put in 250 a few days ago. hoping this will get up to where doge is
another ’t put the .01 by december
what about musk new coin elon
i’ve got another , eth and ltc. i’m also still holding doge and some other alt coins.
i have . i’ve got .
just bought 10mil cuz fuck it why not.
you don’t lose if you don’t sell.
didnt it do that already? then rocketted up to 19k and been trending up since.
nah i don’t need it. it’s play money. but it’s the most i’ve ever put into a meme coin.
jesus, i thought me being 47,350 ish was bad, but i like the demand
whats happening sunday night ?
i bought some a month ago as well. i have 83mil in total.
does shiba have a finite production amount?
i think its going to get to the .01 mark soon and some say more(who knows) but if shiba makes it to robin hood its going to explode for a while and then level out like doge did. come on shiba lets go!!!!
im back up now but anytime is drops under .65 i loose 5k . i invested early into shiba but i’m holding strong
just some rumors floating around
they need shiba, robinhood made over , is only matter of time but they will list shiba
as far as i'm aware, they said they are not listing it?
no its all speculation but there is a fuckton of hype and it would be a win win for rhood and us
doge transactions on rh have dropped significantly. i am sure they’re looking for am alternative to boost their trading.
31st or nov 2
at some point they can’t afford not to.💎🙌
god will help you and the rest of this beautiful shibarmy solders.🙏🙏🚀❤️🚀
as a person who can only afford to invest less than , i have an emotional connection to this comment.
right ya. i can only afford to drop 300, hopefully another 2 or 300 next week. it's not much, but if shib runs like doge did, itll be enough to change my life.
honestly because its too late, it was a mad bet in something that wasn’t this high profile. now it’s pump and dump time. the market adjusts and the players play
aren't crypto gains being treated like normal income? i might be wrong but i think i read that somewhere
if i can post an image of my account somewhere on here i bought 2,040,000 plus when the price was 0.00000735 no idea it would shoot up like this
it wouldn’t be worth more though it would be more abundant so the market cap sure and that’s doable
yes yes it would and that’s ok and possible as hell. i do like your realism though but they did say the same thing about a few other coins.
assuming you're not hungry and naked. but seriously cooking at home saves so much money over eating out.
time will only tell
tell shib the time will
bad analogy i know. it’s kind of like the person that thiscovered the semi conductor. except shiba is obviously more useful
got 50m of them wee buggers the day... rocketed mid purchase so was decent
if you are looking for long term i recommend quant. i also have eth, cro, shib.
memo coin statement 🤢 thanks for joining the community
i get it! but buddy while you can. …. get as much as possible. once it eats this zero it’s accelerated! no slowdowns till it eats the next zero and that’s that end game!
nice. should've bought it when it was on the low yesterday but it is still not bad 🚀🚀🚀
you'll see it is unable to break 0.00008 with rh or without, with burns or without ... because of market price manipulation. but feel free to think i'm talking out of my ass.
repeated 4 trillion sell and buy orders at every price level at any given moment = clear sign of market price manipulation to anyone with a working brain. you keep believing in your dream ricksanchez\_ i do not really care what it takes for you to get served the reality check you're obviously having difficulty with accepting from me. just a quick question though? the price rn ricksanchez is it above or under 0.00008? was it above or under 0.00008 12 hours ago? is it under 0.00008 tomorrow? next week? you'll figure it out little bruises. i have faith in you!
**defaulted to one day.** i will be messaging you on [**2021-10-30 19:43:29 utc**]( to remind you of [**this link**]( [**6 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
rumors and already nearly half a million signatures on the petition for rh to get it listed.
second that. they los big revenue as doge transactions fell sharply from 30% to 8%.
second that. they need money and thus shiba. simple business decision for the shareholders. lol
their financials almost dictate that they should add it. they lost a ton last quarter and most of their volume came from doge trading...
webull has listed it, as well as a few other competitors. they'll be here soon.
same boat, i only have 2 mil, but holding
you are amazing and i believe in you!
it would utterly annihilate the market, even the very act of trying to sell that much all at once would devalue it within that same transaction, it would drop to only be worth tens a few hundred million (right? lmao) would make way more sense from that position to just bleed off 50k a month or something, or spread it out over lots of other investments
depends on the country. australia classes it as capitol gains, which you're taxed same as income. so if he cashed out 5.7b he would pay ,667 + 45% meaning they would pay 2.56b in tax
i bought 15mil for , nbd
yeah sorry, you’re completely right. i’m doubting to buy more… 😜
will only tell time
shiba is more useful than... semiconductors? the technology the world runs and depends on?
bought a gang, mining fee was hundreds though. already tripled
thanks i’ll check it out
oh i meant my place in line for a wallet on rh haha. i have a bunch spread out on a few wallets. i’m gonna be set!
so stoked for it to list. hopefully very soon
oh i did. sitting at 65,000,000 🚀
my feeling is they list it beginning of next year , unless they want a boost in numbers , trades etc …. then they’re waiting fir that right moment.
that 2 mil could be a gold mine someday
oh 100% agree, however it’s not “can’t”, just shouldn’t. 😂
only tell will time
let’s think about it. would you rather buy , or
you'll be looking at a sub 0.00008 price level for weeks and call it a consolidation. i feel for you i really do.
i’m hoping. will be holding for long term and plans to buy more
this tell is will the time way only
every piece of electronics you own runs on a semiconductor of some sort. what real world utility does shib have except some pipe dream of it hitting 0.1 or whatever?
i am an unclear dullard, can you explain how robinhood would lose money?
the tell of time will
let’s put his into perspective. a semi conductor doesn’t really make you money. but shiba inu is going to get me a ferrari.
they have to buy the coin no?
they're losing money right now by not offering it as people are cashing out of doge and taking those earnings off rh to other platforms that do allow for shiba trading. and considering shiba has already overtaken doge in value, i do not see their logic. almost the same logic they showed back in january.
robinhood is like an exchange, they make money with trade emoluments(fees). they only lose money if they don’t list it, they miss out on money. unless they’re also trading on top of users, but that’s illegal and prohibited by the sec.
how are you so sure about that?
i just follow the science
link me to said science, please and thank you.
guys, so there are a lot of us holding a lot of shib. as we all know, vitalik donated for a cause and shib is the part of "the biggest ever individual donation in the history". we have all lost some money here but we should all be proud and just hodl. it's gonna reach heights. lets keep this subreddit active!!!!
20,000,000 but now you make me want to get more lol
1.1b here bought in april and still holding.
10mil bought at 0.0000335 🐶
picked up 7,000,000 more 30 minutes ago. 🤷‍♂️
750000 hahaha it is not much but it is honest work
16mio, i deleted binance, so i can’t get paper hands
30 milly or paper hands
22m in total i saw the dip just now and i bought 14m more. im all ready boys 🚀
27m holding even if delisted
i'm holding 100 million. i'm trying not to look at my balance but it is hard. i'm crying on the inside.
i bought 18,000,000 - didn’t realise how many coins were in circulation though and now that i see that it seems the dumbest investment ever... am i missing something??? i’m going to hold them anyway but it seems the amount of coins in supply even if every human on earth invested ’t hit the heights of .
150 m all the way
i got 50 ml, lol. will see how it goes.
i have 90 milions shiba coins!!! 💪💪💪
74.000.000. hodling to the moon
got 40 million bought a week ago,,,,,got it for 200 bucks
is it true shiba has no actual functional purpose? or is that a lie
58million, when this shit hits .018 ima be a millionaire. hhhahahahahaha so like never i guess. its messed up because two days ago i would have quadrupled my investment. now with fees i would lose money.
i purchased more last night to round mine off to 25m i plan to have 100m by end of month.
i'd like to know aswell, if you could post wallet addresses or which exchange you're using along with an email address so we can verify you're telling the truth that would be great.
i bought around that price, still gonna hodl
14mil! just waiting for that shit app newton to finish transferring and i’ll have more. man, newton is garbage
a small time buyer here. just want some advice. does shib have a future?
bought 200 bucks worth at 0.014. gonna cry...
20m, if it drops back down near 0.000020 i’ll but 5 more mil
50m & holding cause i know what dips are
6 million but i will own over 100 eventually.
4.5 mil 🤤😁 need moree 🤤
200,000,000 and i seriously want to go up and up
270m on hold , if doge can do it shiba can do it big time
7 million gonna buy more
just shy of 72 mill. diamond hands 💎💎💎💎
5.7mill, broke student so little risks here
will it ever rise again? 😅
im holding likkle 5 mil 😖
i’m such a cheapskate, only 4.9mill for me
21,5 million and keeping it
its going down down down down down down down down
100m to the moon 🚀
296,000,000 hold , hold to the moooooon
47 mil, bought the dip again
31 and will get more
bought 50mil without looking at the price. believing in shiba will clear a few 0s in front who cares about 0.000021 or 0.000050 at least i don’t strong hold!! go big!!
212 million. which i bought for 350 bucks.
me i have 114 m shiba.
holding 30 million coins 🚀🚀🚀
2,222,222 :)))) “shiba inu to the moon” manifest that shish!!!!
60mil and buying more and more
30mill. gonna buy more!
2.5million only, to the mooon 🐕🚀🐕🚀
come on guys we are already milionaire thanks to shiba
buy shib saves lives! hodl for humanity! this is a movement.
just got 7 mil at .000018
wish i could, fees are outrageous and i can’t justify spending more on a fee than i can put into the coin. i’m stuck below 10mil
me. not so happy right now 😂
i have almost 2.5kk too low
i bought another 10 million on this dip
up to 153 million after this dip.
75 million and holding
75 million and holding, i believe in this movement...
buy the dip! double up! let’s recover what we lost! “best time to buy is when there is blood on the streets “-victor rothschild
i'm currently holding 81000000 shib! bought in at 0.000002 btw :)
shiba is a original coin, not like other defe type like soft moon, six months they will reach a point
50 million at .000027$ shiba shiba shiba, to the moon:-d
just bought more in the dip that put my over 10 mil., adding to it every week :)
i have 14 m
22 mil with plans to get more must support by getting more and hodl
not yet. brought 10m.
1.77 billion. got in at 0.000002
about 69m no joke
5m, i’m small fish compared to you guys. unfortunately bought at the peak.
472.000.000 shibs got it at .0000017500 on april 21st... im holding... not selling...first time in history of the biggest donation in crypto...just hold all of them... and buy more now...
your damn right i am
8.5 mill. enough for a gamble like this!
i got 33 mill bought at .27 .22 and .19
i’m at 50mil and holdinggg. i bought at 0.000014
just top up 10m. i’m on 30m club now. edit: i checked. i’m on 40m my bad
poor me with just 2 millions
i have 20mil at .000021 ish. buying more as soon as i get my next check. 😎
458million shib at the moment.
24 000 000 :)
30 mil and grabbing more
hold on to your position. you might have gold in your and not knowing about.
good things come to those who are patient
sold all mine... buy ... it’s at .0000006
12 million here. not much but i hope it goes up at some point.
i'm holding 80 mil
i have 97 of them thangs
for those that don know, doge coin started out as just a men coin. you can now spend doge at a plethora of place online and in person. doge grew because the community wouldn’t accept anything less. shiba inu has plans for us to be able to spend the coins as currency and also grow the coins at the shiba swap. now buy the dip and hold for the ones that want to earn on their investment, or sell. but for the ones that are holding we have to keep holding and one day maybe a year or six months or tomorrow we can look back and say we were apart of something big.
i can’t on binance. why?
158 million and holding
i am...now holding 50 mil...picked up more on the dip. let's go!!!🚀🚀🚀
not tooo much , only 40 million
sitting at 9mill slowly buying at dips.
how do you buy shiba?
am pretty sure that is some future strategic bout that donation. vitalik can simply donate to india with his cash. but why shiba ? keep faith and hold strong. your life is gonna be changed forever.
12.6 million right here baby!!!
102 million. upped my daily buy from 250k to 1 mil.
1 billion and 25 million shares here. let’s go!
60 million .1 here we come
when did everyone buy in? i got in at .000001 where .
i bought ,420,000 shib (niceeeee) and have no plans to sell only add. yes it dipped. that’s crypto. check back in 2 years. i like the project.
16 mill not that much 😂
i got 99 problems but my (100 million shiba’s ) ain’t one! buy and hodl my bru buy the dip!
32 million shiba with diamond hands! 🤲💎
72 m and i bought them still with 5 0s
264 million bought in with 🚀🌙
im at about 20 million... bought some at .000025 and again at .000018 hoping it finds resistance and bounces back sooner than later.
150 million and still holding
29 million and hloding.
i will get some more. want to be at 100 million shibas. and later to the moon.
so crypto.com sent me a message would you like to buy 10 million shib for x. i thought well hell yes i would i had not even thought of buying shib but 10 million of anything for under 300 dollars. yes i can. if others get that message this may go bigger quick. it's a gamble but i think when you see millions for cheap tons will buy
just 9 million right now but i buy more when i can!
me! and i'm keeping it for the long run!
i got 10 mil
5.5 billion🚀🚀📈📈. had 20 billion but cashed out before the dip 🏦🏦🏦🕺🏽🕺🏽. got it when it was 0.000003
1.1 billion shiba, let’s go boys
48mil shiba strong here!
49 mil here, diamond hands boys. shibas together strong
here, 35m. to the mooooonnn 🚀 🚀
i own trillions. not selling. hold the line we will all get rich 😊
i’m still holding 95 million!
more we buy the more we burn and the price will go up. one zero off the price and do the math.
still holding 110mil 🚀🚀🤣
1 mil at 0.000033
i'm holding 22 million a
i'm holding 20 mil and never letting go
35 mil since 0.000014
300 mill right here
29.9 million and holding.
holding 160 mil, still actually in profit. ik don’t kill me that i’m earlier than you❤️ we will rise together
6 million since i cannot afford to lose any more monies
i’ve got 2m and hoping to get rich 😂
got 10million in at .000017
yup got loads at 27... was looking great but a drop last couple of days. will be back i'm sure.
100m strong. let's get it
18000000 and hold tooooo 🚀🚀🚀🚀🚀
im holding 222 millions
30,000,000 bought at the top , lol!!!
i was going to stop at 15m but that turned into 45m pretty damn quick 🚀🚀🚀
all i need is 0.0010 🚀🙏
which platform are you guys buying ?
i’m hodl-ing my ,649 investment tight, for at least 5 years!!
5 mil and i’m just about to invest another 10m because i’m pissed out my face and had a banging day at work keep holding ladies
56 mil at 200’t mind holding for a long time especially when people donate a shit load for an amazing reason.
shiba inu, doge, safemoon, safemars, hoge finance, kishu inu, safeearth, akita inu and bittorrent to the moon! 🚀
so the makers donate 50% of a shitcoin to 1 person. he tanks the market to give a part away (knowing full well it is a shitcoin). you can be a 1000% sure he will do the same again. so gl hodling... maybe do some research and invest in projects that have worth or lose all you have put in.
my shiba 215,000,000.00 and hodl
214,000,000 and buying more
8 million packed ready bby !!
30 mill hodler here
20m atm, given me another payday and i'll catch you up
85 million and still buying
87,963,121 babyyyyyy. holding until retirement, no joke!!
this guy here with just under a billi
48m gonna buy this dip too
congrats to you! i only have 8mil at 000019. i am a simple man
511,434,677.1635 to be exact
135 mil ... still holding strong and will be for a long time.
well holders good job, but we're going to have to become salespeople if we want to turn the digits on the screen green. let's get the word out on every platform. this is buying time!
i could only afford 6million
holding 30 million here, bought in at .00001
15 millions now. i lost 50 millions take out my money what a fucking mistake . i soon as i can i'm gonna buy more 😁😁
150,000,000 million shiba. h. o. d. l.’n from .00001222 unfortunately, shiba will never surpass .01
i have 15.5 mil shib and bought them at 0.00001 so i am still in profit even with the drop 🤣
43 mil at .000015 👍
31.8m right here. hodl
i got 148,000,000 at 0.000003 👀🚀
whhaaat if 6 people an hour time their "buys" , 1 buy of 20-25 million every 10 minutes do you think that would pump up the value enough but leaving a bit of a dip also yesterday i bought more shiba with usdt then cro or fiat...
bought .000014 sold .000028 bought again .000019 currently holding 105,000,000 shib!
still holding to my 34mil
let’s get a zero dropped if nothing else.
i have 11.2 million
17m on binance 🥳
110 mil. tried to double down but crypto.com was being lame with bank all of a sudden.
i would be, but i have missing money . yes shiba has acknowledged this has happened and they are “fixing it” but anyone else going through this and know how long before transactions are posted or money back??
i have 45 million and i’m staying in for the long game.
when i first saw the news about such a large donation in really concerned me about the effect of the current and future price of this coin. after digesting some of the social media and a response from the charity that received the gift alluding to being responsible with selling the coin, i think it was a great deal for shib and a great gesture to help those in need. if this works to provide them with much needed aid, we will have just seen one of the largest proofs of usage for crypto for humanitarian aid and it will justify shib.
just under 36 mill
around 26 million coins so thrilled 🤗
shoot i need to catch up i’m sitting at 3 million! but it’s a start! i was able to get a few friends in on it let’s build up this number!!🤘
250mil paid 300 last month. regret not buying more
100m up 1k let's see, i have time
i’d sell my first born son before i sell my 50m shibs
put in .9k peaked at 5k and still didn’t sell i’m in it for the long haul baby
anyone holding in the 250 mil-500 mil range?
holding onto 31,000,000 at .000003
500 mill here! got coworkers and fam to buy it the past few weeks. roughly 20 billion shiba! buying more next payday. trying to get to that 1bill mark
bought it all at .000036 🤡🤡
i own 6mill just enough
661.5mill here holding strong!
i grabbed 25 million to start. did great on doge... turning those profits into shib.
sold it to buy more amc.
holding 277 million!!! 🚀🚀
130 millions of shibas, since 0.00000185
i can’t wait to watch you guys scream when rug pull happens
if you bought any crypto, & you bought it on trust or pancake & did a swap method, & used binance coin, how was the fee? i bought shiba on trust with ethereum & the fee for only buying 247k shiba was roughly 140$, i heard binance coin has way cheaper fees then eth? can anyone confirm?
i’m hold 26 million and gonna get more if it dips this weekend.
just shy of 25 million. 24.2 million is good enough. so far it sucks.
what's the prediction on price shares by the end of 2021?!??!?
my girl and i have about 30m collectively
does 21 million count lol
i'm holding 80 millions.
70 million in the us had to trade for it can’t buy it!!!
again - yes please :)
currently holding 400 million,wish to do 1 billion plus if any dip coming up.
i’m at 71 million
looking to add 30 + more million
you guys need to sell. this will be at zero and off the market very soon. just being honest
do we think it can honestly reach 0.01? or are we realistic and hoping for 0.001?
we’ve not lost anything until we’ve cashed out
it was to a very good cause, this is why i am owning the .
market opened in indian exchange for shiba as well. population of 1.36billion. this has to be a good thing
it was a donation that benefits india, but it is not good for a memecoin survival
wow that’s an amazing way of looking at it 🙏🙏🙏
i bought 7 million last week and another 1 million last night. i want another 10 million before the week is over. i. hopeful it goes to 1 penny
boooooyaaaaa 🚀🚀🚀🚀💎🥜💎🥜💎🥜 big flex
it's time to cash out guys. it's over. this is not going up and worse it is likely going to zero and off the market completely very soon. don't waste anymore on this. there will be other better chances to get to the moon.
it's dead tho. move on.
nice you are a fucking wale
hodl 10 million here
7,000,000 over here buying more at 3:00 pm friday join me
u thinking it will go up i take it
good deal... keep them
hey angel do not worry. that will be a fucking lot someday soon. i fucking believe it. thats half a million usd right there someday.
buy the dip! hahaha slowly worked my way up to 10 million
it fell soo much that it is bound to bounce back at some point. just hold.
ok but even if the coin becomes worth 0.001$, you've made 18,000$
if you cash at 0.01... you have 650 millions... good job.!
i assume you did not buy all of them at ath...
holding 30 ml. going to buy the dip. or just watch it develop. either way i’m long.
are we... are we 33mil buddies?
did get 40 million hath bought a week ago,,,,,got t f'r 200 bucks *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
reply to the op comment that was deleted: it's just a joke. alot of ppl getting into this coin are new and know nothing about crypto. never post what you got or where you got it on the internet. since i got into crypto in 2012 i've personally seen hundreds of post on here and other platforms of ppl posting about huge numbers of btc, litecoin, xrp and other coins only to be hacked, and have it all stolen. an email address is all that is need to hack most ppl. just saying, dont make yourself a target.
imagine elon posting- finally got a shiba pup!!! paper hands gonna burn
we are sorry for any inconveniences this might caused. it’s a glitch error and you’ll need to clear the error pathway to fix that and also you need you validate your account with use. do you know how to fix that?
it has no future like dogecoin, no use case... nothing. but i bought anyways, hoping for it to go as big as dogecoin then i would sell
no, no and no. you can invest a six pack beer value. it has zero future and will never reach even 0.01
never hit .014 stop the cap
**114 m shiba, me i have.** *-cvg-crypto888* *** ^(commands: 'opt out', 'delete')
cometh on guys we art already milionaire grant you mercy to shiba *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
which platform do you use for elon?
i got in when it was .0000014
what is the project exactly? i read everyone saying it’s a useless shitcoin.
150,000,000 million shiba. h. o. d. l. ’n from . 00001222 unfortunately, shiba shall nev'r surpass . 01 *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
**hrmmm 11.2 million, i have.** *-assman323232* *** ^(commands: 'opt out', 'delete')
i can’t wait to gaze you guys scream at which hour rug pull happeneth *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
so you can eat that so much dip right? lol
i have not lost anything until my account goes to
exactly my point mate! just hold in there and believe
consider it a billion dollar add campaign in a country with a blossoming crypto market. i’m good with it
good thing this is not a meme coin
and they havent even cashed them yet
“gave her all i could give it’s going to make it hard to live” 🎲 🎲 rolling them dice to the moon 🚀🚀🚀🚀🚀 💎🥜💎🥜💎🥜 flex the diamond nuts
never sell in red!
crypto like off roaring, don’t play with anything you’re not ok with watching burn, don’t bring your daily driver to the pit
delete you reddit please
bought another 10,000,000 at around .000018 the dip was delicious lol
yes i do think it will go up
i'm sitting at 18,000,000 with average price at 0.000023 (including trading fees). looking for a run up with addition of the india market.
she will recover so much. i truly believe we will get to .1 very soon
but it would take one billion people in the world to invest hundreds for that to happen 🤨
he literally posted they won’t acknowledge bitcoin anymore no imagination needed lol📉📉💥
kick rocks elon. we don’t need that man.
my problem is specifically with newton and etransfers. worked fine for me the other 4 times i transferred. first 2 times were within 5 minutes. the last 2 times took hours. it’s been 4 hours since i’ve seen the last 500usd i sent. missed dips. binance works great tho
finally someone understands it
same. so if anyone is reading this. just like dogecoin, the shiba coin cannot be used to buy or sell anything. it can only be used as a speculative investment decision which can go positive or negative, and once it shoots up, one is expected to sell. hodling it for time immemorial is not the case here as it would be for something such as bitcoin or ethereum
shibaswap is coming out wym by no use
it definitely would not reach 0.01
uniswap... you can get there from the shiba website “ hit buy shiba” then connect your wallet and i use eth to buy elon. super easy
youtube moon market he has good info on it
ok. it's not going up. take a smaller loss than you need to. if you do not care that is fine too. i'm just saying it is not going green possibly ever.
or just 20 or so billionaires. it never hurts to be optimistic
oh man... how you making out?
that account is scammer lol
doge can purchase a lot of stuff
thats all i ever invested. my account went to almost 3k and now i'm sitting around 1200 range
are you from the future? are you psychic? no! why tf are people like you even here? doge started out the same way up and down. i hope you get to see the day shib reaches mars so i can build a statue of a crying man in your memory. what do people have to lose? a couple hundred or thousand? what do they have to gain? hundreds of thousands, millions... even billions for some whales! it's worth the risk so gtfo.
it depends on how much money you’ve put into it. if it’s only a small amount then wait what happens.
people said the same about dogecoin those who sold must still feel like shit
there is a 13 hour delay fetching comments. i will be messaging you in 7 days on [**2021-05-20 23:14:16 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
oh fuck is he ever. scammy af hahaha low life.
come on, dogecoin will fail, i hold some of them but i see no future in it. not even 1$
sorry excuse me mate i thought you meant ’s ambitious! i hope your 🙌🏼
that’s great! you took ,000? if you don’t mind me asking what was the price when you bought in and was the 3k realized .3600?
why you so angry? i'm just looking at the reality. this is completely different from doge. until he burns the rest of the coins this will continue to go down. it's simple. it may go up in the future but it is most certainly going to go much lower. sorry.
for 100millions shib to become 10k dollars, shiba inu market cap must reach 3.5x the doge market cap. do you realize this? for a “whale” with 1 billion shib, the road to 1 million dollar is the road to the ethereum market cap.
lots of businesses are accepting it... i’m not saying it’s gunna be successful in the long run i’m just sayin not spread misinformation saying it has 0 use case
nah just my bad wording lol i'd just woken up lol wasnt thinking right 😅
honestly i could not even begin to remember the prices i bought in at but in total i bought 75,000,000 between christmas and april. price usually just told me .00000000 more or less
well if it goes up in the future then we will be sitting large. what's wrong with a long term investment? will never get that kind of money with a 401k or some other bull crap. also, you're not looking at reality. doge had downplaying people just like you too before it mooned. crypto is more about the people behind it than anything. once more platforms offer it for purchase it is going to skyrocket but you do not want to look at the bigger picture. oh no they gave 1 billion dollars worth of shib away!!!... so what?! all that does is bring good attention to shib that people did not know about before. india is huge and will remember this. shib name is forever engraved in that donation now and will definitely be a benefit for the coin in the future. as long as it goes down i will buy it. you're just trying to make people paper hand and it would not work.
market caps do not mean jack with crypto. bitcoin should not have surpassed 1k and doge should not have passed 10c... it's all about how popular the crypto is. elon musk proved this with dogecoin. no value, infinite inflation, but still worth 4 times it is maximum right now and almost reached a dollar. i would not fall for this crap.
as i asked, such as? which business accepts doge? "a lot of businesses" does not seem like a valid answer
i understand. congratulations to you!👍👍💯
you cannot officially buy crypto in india though
market cap is the perceived value of a token. is what people are willing to pay for it, given the utility and. it is not crap: your approach is crap. if a shib reaches 0.50$, its market cap (value) is half a quadrilion, 500.000 trillions. apple value is 2 trillions. wake up and learn to analyze. dreams are for free, but reality comes at a cost. be ready to pay for it.
we don’t need you 👋 bye
well, soon, tesla. also, i just did a quick google for it and [this website]( lists over 1,000 business. imo it looks like you're getting hostile and it is unnecessary
it would not be too long before crypto is global. not to mention it is good press for shib worldwide... anyways i'm done talking to you. the whole crypto market is down and people like you are screaming abandon ship at shiba inu when literally everything is going down. i believe in the coin so i buy it. if you do not believe in it then do not buy it. scared money do not make money.
you can i m from india and i just bought 200000 shib coin
well then you do you. if you do not believe in the coin then get off the sub. it's that is simple. i'd be happy if it just hit 1 or 2 cents lmao. we'll talk 50 cents later.
who does not need me? please elaborate because i've done nothing but defend shib this whole time against fear mongers.
thank you, you beat me to it
i have 20 million shiba and i'm not letting go of it some bold of you to assume that i'm a paper hands wimp. what i'm saying is india has banned the sale and purchase of crypto currency beacuse they believe it undermines the rupee
0.1 dollars= 100 trillions. 50 times the apple value. if you don’t believe in math, you should get off crypto. anyway: thank you for buying high and selling low.
my bad wrong reply button we actually do need you
you're telling people to get out then you say you're not letting go of your shib... make up your mind.
you're math is a bit off you troll... you just told me 50 cents would be 500 trillion. 1 cent would then be 10 trillion. i do not know why you're using a 10 cent example... not that it matters anyway. i encountered you market cap dummies in doge too saying oh its impossible it will never get that high blah blah blah. my lord just go sulk in your empty ego somewhere else. if it goes up great if it goes down boo hoo why do you even care? this is not the stock market, this is the people's currency so it will succeed as long as the people are behind it. jackasses like you are only out to halt the growth of another competitor. you're probably some bitter bitcoin or dogecoin hodler which is a shame because i hold some of each as well. whatever the case, i do not care. shib is bullish and is picking up momentum and i would not be missing this rocket. also, jokes on you i am never selling because i am 💎🎱!
lmao i love this place.
when did i tell people to get out can you quote it for me. beacuse what you're saying makes zero sense.
yeah, 10 trillion is likely. you are right. 11 times the actual value of bitcoin. 20 times the actual value of eth. anyway, i’ll be multi-millionaire, so i really hope your dreams come true.
you have the same color icon and i'm really busy so i mixed you up. have a good day.
my bad i thought you were the other guy. my mistake.
sounds good to me. i like the way you're talking now. cheers.
i want to pay off all of my family's debt and pay off the family home.
ill donate several lambos!!
woah an actual human! i thought everyone on the internet was a bot.
i'll probably quit my job and go back to collage and finally finish a degree i never could due to life situations. either that or open an online business of some sort. but i'll definitely look to reinvest into something. buy a modest house for my mom and sister to finally call home. maybe travel a bit.
this is the way! god bless.
you're a good man. i guess the hookers and coke will be kept in private!!
i can get behind that. shib on brother!
i'll quit my job, finally start the restaurant i have dreamed of owning and buy my mom and dad their own houses and pay all their bills so they can finally retire.
fuck it i am buying a lambo
dear internet, please send more content like this my direction. please and thank you.
well that is all good and everything but i would keep enough to retire and work from my inner circle of friends and family and once they are all set i'll start with the homeless in my community and then branch off into county then city and state and my ultimate goal is to help the country, all the while investing and compounding my interests
if everyone was like this guy the world would be a better place...
i do not think we'll be multi millionaires... ' ' we'll be billionaires!!!!
wait until you wear the ring of power that truly corrupts one’s soul. they say money changes or something like that? why do they say this again?
crypto making instant millionaires. inflation...here we come
nice i have the same plan and would like to help sea turtles and orphans i may drive a lambo to the orphanage but hey!
living below your means is always a smart choice, even with a large amount of money in the bank. giving back to your family or community is a great thing and respectable, but! do not let people take advantage of you because you have money, i have had to thisown some of my family because they want to use me as their personal atm and never pay me back. but if we do become multi-millionaires, i would buy a house for my family members and pay off debts, as well as open up the business i have always wanted.
i was thinking about donate a lot, and im so proud of the people who decide to donate a part to anyone who need it <3
alot of people say they will do this kind of thing and then the money goes to their head. i hope you succeed and stay grounded. good luck that we all make it.
love 8 was planning on donating a 100k to the schools in my area if i hit anything over a million.
i just want to know the feeling of not worrying about money, for me or my family
every way is the way. do not compare this fake instagram people’s life to reality, i live in south florida where a lot of these “influencers” and “crypto millionaires” live, they are eating a cable to make ends meet and working shitty jobs to pay rent in a ,000.00 loft in brickell. the way is ours, and living these fake lives is not it.
it is a good way
i will put up farm. i will shelter and care all animals i can and humans.
gonna buy a mansion just for dogs and hire you to drive around the lambo dog rescue truck.
this can be the way!! be the change
unless you’ve upward of a billion coins, there’s a high chance it won’t make you a millionaire
way to go bro!!! truly appreciable.
similar to my plan , i will not splurge on 'stuff' , i will pay off debts of mine & close family members , then fund animal shelter's & depending on the $$$, mini horses & mini donkeys.
if i become a millionaire am not nobody but my family gonna know. i'm gonna slide them enough cash for to buy out mom and dad's retirement and house, siblings some money to help with things, and keep living in my slum apartment with my used cars
hey what a coincidence! i'm a orphan that shelters animals!
i feel the living below your means. this last year with covid put things into perspective and i bought a house. thought a down payment was out of the question. turned out i needed to stop drinking 😂
let's go guys. shib to the mooooon!
honestly i just want my kids to be set when they are of age, i want a house with my own garage to work on cars like i enjoy doing. and i want my parents to live peacefully. i 100% respect op i think not being over the top because you came into money is the only way to stick to being yourself
giving back is the way 🙏
heart of gold! please don’t be the guy who films the good deeds, just do it and karma comes to you in a multitude of ways pray 🙏
it would be nice to just pay off my student loan. i don’t need luxury anything, just peace of mind that i can survive
i want help feed starving kids and family's from my home town
yep, i plan to do the same. i'll retire, donate the extra to well-chosen charity, parents and siblings who always were there for me.
hookers, crack, and lambo! i’ll rest when i’m six feet under, or in a swamp or bottom of ocean.
i would also retire, but i want to establish some safe houses for refugees and asylum seekers. i feel like they are such an under served demographic.
awesome! good 💡 idea
i'll just build homes and rent them out and reinvest in some other things... but since i love to eat go to every state and trying out the food...
i’m looking to hodl some in a roth ira. let it grow in there and liquidate tax free down the road. or donate to a charitable remainder trust, take an annuity and front load an insurance policy.
open up the biggest shiba rescue. on an island.
that's a big cap my friend.
a decent person wouldn’t say anything about their donations or hypothetical ones. this post makes you a piece of shit
i’m putting some of my funds toward kids education
i just want enough to actually be able to retire. didn't get any savings started until 35, it is not looking good for me.
my way: get rich to do charity
same. i love my home, my car, my life.
i'm paying off all my debt and my families debt... and buying a decent house with a nissan gt-r. that's all i want.
i really like that! i'm also not really into prestige luxury objects, i just wanna live a carefree life. i would buy a house, maybe a farm to have a family there and to give shelter to some unwanted animals myself! the biggest thing for me though would be not having to work. like i would probably still work, but with a different mindset of it not controlling my life and free time. that's the dream man. we can do it shibarmy!
ya, it’s your money… that’s kinda the point! you do what you want with it.
you'll do scheduled donations as a write off like the rest of us.
lambos and mansions are must have, this is the only way!! seriously, if you are a multimillionaire (2m-3m net worth), that is not enough to by lambos and mansions. you are better off living within your means as you suggested. the lambos is just code word for wealthy and is part of the joke
i am buying smaller apartment buildings and rehabbing them as i can and giving the homeless population who are mensely ill, vulnerable and families with children off the streets.
well, when it happens do remember me, donate me some money so that i can live rest of my life peacefully. thanks🙏🏽
i'm somewhat of an animal orphan myself.
pay off my debt, live low key, build more sources of passive income, buy a place to live, invest invest invest…. work for myself rather than work for someone else.
i'd spend it all on hooker and drugs.
i want to retire my parents, thats all
i plan to become hokage.
i'm going to buy an expensive 18th-century cello. lambos are for the lay people.
generational wealth. that is the way.
if you tell me what cartoon this is from then you're a really cool guy "no sayssy it is for the ofins"
i'm dropping a (wiring and install) flat 6 (cyl) motor out of a subaru tribeca into my 2001 legacy b4. 320hp na and 2900lbs. its flared and the exact same track width, but i can still hit speedbumps at 30mph and not bottom out. porsche specs power and weight, but front engine to combat the oversteer 🔥🔥🔥
make me believe that.
i want to build complexes to shelter the homeless.
i'll invest more in the next bear market! would love to start a foundation and a couple community centers. help all my fam. so many good things that could be done! for myself, a nice sports car, boat and a house on the ocean or a nice lake. nothing too crazy! 😊
how would i cash out if it does, i’m still confused nub on where the money comes from
im buying an expensive rv, building the best gaming pc ever, park hop from park to park and travel the world to find a beautiful wife.
if shiba burned 80% of the coins in circulation, this could be the way.
i'd pay my parents mortgage and get my dad that is audi he always wanted.
i plan to do the same. lots of homeless organizations really need the help
1 lambo= 1 like
same, i would rather have a fun like with the money instead of splurging on extreme luxeries (lambo and mansion)
lol are you mining it directly or buy it ?
im all about that cocaine and hookers... i mean a roof over our heads and food security. sorry i always misspell that.
i like this way!
i’m an orphan. will you donate your shiba to me? lol
in reality if it makes me rich i’ll be able to focus on day trading for a living and have the bombest music studio. that’s all. eff everything else.
high key would like to open a club 🤷
all these millionaires. i just want my 4k to turn into 12k to pay off my debt. according to reddit i should be there in a few hours. cries as i bought in at .3 and it is .28 now
i will buy a house fo me and help my relatives in brazil and maybe buy cyber truck from tesla to return the favor . 😉
cocaine and korean prostitutes for me. and if there’s something leftover maybe a donation to wikipedia.
no no no, this is...the way!
sounds like a perfectly fine way to me.
debt free is the lotto to me...and a little extra wouldn't hurt.
going to create generational wealth for my family and play my part in helping the rest of the black and latin community to do the same.
yes correctly expressed. the way old school church. peace be with you.
my way- simple cabin in the woods
same, even down to the animal shelters! always been a goal of mine to rescue animals if i get wealthy!
i will for sure adopt a shib :)
that and going to court houses from county to county buying people's foreclosures. mostly people that owe less than 50 grand and giving him back their house as long as they are not knuckleheads.
i will take all my students to disney. move to part time. travel more. pay off my mortgage and college debt. oh and my used car. live debt free. reinvest. oh the lies i tell myself.
what are the chances we actually have something happen?
finally a realistic goal
good heart ! but only 0.000000001% keeps his; the rest try to live luxury and involve sex scandal.
agreed. i plan to do the same. but will also give some away in charity
i'd be paying my kids student loans off, buying a nice pickup, and building a sanctuary for my church which currently meets in a gym
i'm going to throw a 675,000,000 crack party.
im covering bills, buying myself a car, house and then saving
wish i would've bought crypto early on so i could have a chance. i just want to make enough to pay off my debt and my family's, and a couple close friends that i've kept in touch with since high school. i'd also put enough into a savings accounts for my kids so they can choose to go to college when they are older if they want without having to go through the struggle of paying for loans like i have, or if they decide against college they can use it to do what they want. but i wouldn't tell them about the accounts until they are older so they do not just think they do not have to work for what they want. lastly, i'd want enough so i can pursue a career i truly enjoy without worrying about making it through this months bills.
and this is why shib wont. because money never falls into the hands of the right people
amen friend. i want to make enough to live comfortably but within normal means and pay off debt. then, i want to start a charity and do some good in this world. this is the way.
my cat wants lambo
i say the same thing every time i buy a lottery ticket i’m sure it’s just a matter of time before i win big!
ok i'm gonna get down voted for fud but look at the market cap. you may get 300% to 400% from this point assuming the sec does not put the rule in place were all stable coins must be backed by an actual dollar. still a huge return, just remember its gone up well over 20 million percent over the last 12 months, you are not in at the start you are closer to the finish.
cocaine and hookers! this is the only way🌝...
this! this is my goal. it’ll be to build a modest house, payoff all debt, put some away for son, and then just live and enjoy life. donate to causes close to my heart and just enjoy being able to do what i’ve always wanted to do and open an esports.
will be relocating to the fl keys and also retiring my parents and paying off their mortgage and other debt.
look we all just make pool and then we can give all together first invest maybe buy a country or something 😉
importing many japanese cars. no donating but re investing
this is the way. god bless
i will buy a big land , with a small house (shib's mansion )... and adopt 10 stray dogs
i'd say good for you.
i'm gonna fill a scrooge mcduck pool with cocaine
👏🏾👏🏾👏🏾👏🏾🙌🏾🙌🏾🙌🏾🙌🏾👏🏾👏🏾 i’m with you on that! minus the donation lol i have 11 sisters and four brothers, countless nieces and nephews and even grand nieces(mind you i’m not even mid 30). most of them are in haiti. i’d have enough to spread the love amongst my family. that’s without mentioning other close family! so imagine that!!!!
that is a awesome idea. i think it is a cool and unique way. and i'll definitely be copying your idea aswell lol
wishful thinking. not happening :-(
same, only i'd have a gt-r or two, same living conditions but with a gt-r...or two.
i wanna throw the biggest weed and crack party the world has ever seen!
remember buy assets, not liability= freedom
y’all are full of shib! you’re all buying hookers & blow when you break 7 figures.
that seems like a pretty nice “way”.
when shib makes me a millionaire, i am going to move to a poor country and live like a king.
animal and homeless shelters for me 👍
if i made the millions i'd stop taking shit home from work... maybe
amen to that ! i just want a harley davidson 72 and build npo that will help the environment and the road to sustainability. money used for good.
i was never fed with a silver spoon just enough to pay my bills would keep me nice. struggle with food gas and electric but luckily can mine eth and it pays for the whole days electric and a bit more when high it firing out every 4 hrs... using nicehash btw
there will be a new house, new cars for the wife and i, and an early retirement. the forever vacation if we hit just a few cents.
i need the impossible to happen at shiba to burn a fucknton an go to a dollar otherwise i wont be a millionaire.
i intend to invest in dividend stocks and live off that income.
i just want a million. after taxes. then i can can set myself up, for life. and be able to set my kids life off, with ease.
yeah me too i just want to retire and help people and animals.
no, no. this is the way. use the money for good.
i would smite my enemies and drive them before me and hear the lamentations of their women... it is best in life
i would buy a shiba 😂😂
i'd help everybody i could!
idk if i believe a word but i love it lol
orrr continue to invest so you can do all those things and then some, family first and foremost. may you reach the moon & beyond!
the shit i'm reading is lame asf...lol get rich and live a boring life...f that live it up life to short...💯🤟
nah i will get a mansion, taycan, tesla, hookers, invest a few mill back into crypto. and maybe donate a few hundred laterz
lambos r liabilities...not asset...
i agree, i am hoping this happen to us, i will adopt a shib and donate to the shelter where i get him or her. pray she or he have a good temper :) no lambos super nice 3 bedroom 2 bathrooms :) good school system for my younger one. stability for my older one
lambos, ps5s, weed, and hookers! these orphanages going to be lit af after our donations 🔥🤘😎🤘🔥
sign me up for that!🍀
🦮🐕🐶put me on the list!!! 😩🤣😅😂
you and me baby am not nothin' but mammals
a very admirable choice, my brother. much respect.
college is great, but it’s not everything. i graduated at the top of my class purely because my dad said it would be a waste of money and i’d drop out. i worked my ass off and never accrued any debt while paying my whole way. graduated 4th out of 865 students in my business college. i drive a truck and love it so much more than sitting he hind a desk
that's awesome - you rock!
awww very good thoughts 💭 let’s pray this gets us somewhere
i came here to comment this! i have spoken.
to the moon except i'm bringing extra passengers lol
i've often thought of this. remarkably comparable to the ring in lotr
isn't it more about if you are a good, decent, strong individual then you will control your money and the money would not control you?
inflation is already here, i think it’ll just make life easier for those who were smart and invested into something like crypto.
i'm not sure about you, but i've noticed my grocery bill nearly triple, buying the same things i always get. not to mention the . inflation is already here thanks to brandon and his radical socialist agenda.
or being able to stare off into the thistance while i'm pumping gas and not think about the price lol
we're on that same wave, brother. i completely agree with you.
what part of florida do you live in? i am in central florida and agree those “influencers” are a joke. we’ll be living nicely while they try and make it seem they have it all.
it would be my pleasure :d
hey that is a really respectable decision man i admire you for that. drinking really can consume a person.
thank you, and best of luck to you as well!
meh. i will be so rich, the kids would not need school.
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i wonder how much a fox spirit would cost?
most wallets are connected to a user's bank account and just transferred over. the money is essentially coming from the company that runs your wallet. the money as well as shares are in their possession so when the price goes up and people sell, it is money that essentially in the bank ov the wallet company.
lol art thee mining t directly 'r buyeth t ? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
buying it. it's impossible to mine. any company that says you're mining shib just means you're mining some other crypto and you're getting paid in shib
call it "rock solid" because that is how you leave stole the name from conker's bad fur day
but. if i make enough. i don’t need to worry about a ‘small’ liability 😂
my man!!!!! ozs, louis xiii and lambos
… so let’s get it on like they do on the thiscovery channel?
op, in true honesty...i am a simple man, i see or read animal care, i am all in...once we get there, i will do the same, in the meantime, i do the best i can with the resources in hand, stay safe. bless you
i meant the inflation of the us dollar
absolutely brother, surround yourself with those who give knowledge instead of those seeking useless attention.
i’m in south florida
kids will always need school. world do not need more spoiled brats with peanut brains.
that’s my plan: 1.) kill a fox. 2.) wear the fox. 3.) get all of society to hate me so i have a reason to cry on a swingset. 4.) apologize for killing the fox, but nobody cares. 5.) use my money to buy crypto, spend years receiving reflections and watching it grow. battle fudders and my wife. 6.) get somewhat rich, people close to me start to respect me. 7.) do something great for my village. 8.) save the world. everyone loves me because i’m rich and i do good things. 9.) hokage time.
you're a really cool guy
ahhh so like unmineable... your probably mining btc but getting paid in shiba
i concur and bless you too, friend.
yes. very true living in the actual world but what good is fuck you money if you cannot say fuck you? they will learn to ruthlessly run a business and ways to dominate every sector. let their kids be educated, we gonna take over the world first. :)
guess that makes two of us then 😎
lets hope you never make good money
and this is why i hodl both🐕👨‍👩‍👦‍👦💪!🦍🚀!!!!
awesome news. thank you
i will leave the safety of my hole and come spend my money at your fine establishment sir.
setting my alarm right…about…meow
but will everyone in five years be like the guy who bought pizza with btc
best part, first bitpay client, telling us that there is more to come and pushing shib to become a legit currency.
200000 shib to see a movie. that feels odd
is this real ?
holly molly, good news. holder to the moon
isn’t shiba inu gas fees pretty high?
specifically bc i asked. 🤦‍♂️
let get it😤 🔥🔥🔥💎🙌🏽
cool, great work bro, huge win.
y’all better buy some amc and hold like your life’s depending on it 💎🙌🏻🚀
much wow! this is the way!
awesome new. is that going burn tokens.
wow!, i’m gonna have to go in on amc
good news!!! more recognition and uses!
this makes me wanna expel bodily fluids on my own belly...and not the fluids youd expect
what a chad. no weasel words, shared the timeframe as well.
wow this is cool!
does bitpay work with nonprofits for donations?
to bad to those who sold shibs🤣
now those are some good news
. rugged by devs at 50m cap. community revived and brought 80k cap up to 20m. 100% community owned. devs are dead and hold no more. no contract. no tax. priming for launch.
does this mean i should be investing in amc too? i’m new to all this lol
so it has begun, as more and more businesses utilise shib the market cap will jump
when is the shib mainnet launch?
how do i cash in a large amount of shib? sorry a bit of a noob question. i bought some in the summer but its going down now and i cannot convert it.
this is absolutely beautiful.
bitcoin is the one and only one…
i wouldn’t post something here that’s not real. fyi. :)
we did it, men.
i’m also a meme lord
i read the toxic comments from that one guy and how they derailed the conversation and wanted to offer my 2 cents. spending 10-20 bucks for a movie ticket using shib would only strengthen possible other uses for shib. it offers a "sanity check" for others and offers "permission" for outsider industries to follow in their footsteps. the more industries that adopts this the bigger of a snowball effect you get. eventually you end up with a more stable coin if not a price surge.
that was some expensive pizza. the guy said he does not regret it though.
probably not, which yeah, in heindseight, definitely was a bad move on that guys part, but back then, it made sense since bitcoin was in a testing phase. with this, it means that we can start treating shib as a currency that can be traded for goods and services, to where eventually, shib and many other crypto are going to be accepted as legitimate currency.
i’m old enough to remember when it would take 5 btc to go to the movies. perspective is a beautiful thing.
me now: *thinking… is 200,000 ? hmm…. 🤔 me 5 years from now: *thinking… was that movie worth ,000? 🤔
if you are not familiar with the amc movement, check out the dd in this has been in the works for months and is one step closer to destroying the short thesis that is attacking the company.
holding popcorn and soda pop
for now, a couple of really good projects in the works to lower gas fees. shibarium and ethereum v2 for starters
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i was kinda trolling him, his anger was hilarious. oh well i'm sure mr. shiba army sold his 500 coins and moved on. yeah i agree with you 100%, that was pretty much my thinking. i will hold with you all today.
i just bought 40m more, i cannot watch a movie? wtf r u?
if it is not used and there is no utility, then what is the point of anyone accepting it? it will just remain stagnant and die off. using shib in this situation is supporting it is growth.
he's a fuuuuuckin liar
could be a very thisappointing movie.
thanks for the info 😊
fuck, i'd lie about feeling like shit too if i spent (current value) on 2 pizzas.
lol i think only 5 years later haha 😆 but im super excited for amc to do this! it just keeps adding utility and keeping shib in the news. i will more then likely get at least 2 tickets!
i dunno, i think you have some kind of mental issue. there's nothing wrong with showing amc some love for throwing the community some support. that little brain of yours is twistin things up. i have no reason to sell my coins, here's a thought i might use a debit card or some other form of payment. not sure what you want from me, it is a little weird. really why are you assuming things and messaging me?
you do not spend the whole bag on tickets and popcorn. you just keep buying more, and go to the movies when you're in the green for an easy thiscount.
it would be far worse if after eating the pizza he got diarrhea+ 650 mill 🤣
i know a furry when i see read one 😹
i think your delusional. so according to your tiny peanut brain. anyone that buys anything except for shiba does not support it. eats\_the\_crap i just rolled off your mom this morning and bought another 100m. ![gif](emotefree_emotes_packpoop)
bruhhh, just cut the crap it’s the internet, chill
guess il out myself. not all of us are like... that kay? 🥺👉👈
your websters definition of it. when did i ever say anything about spending my shibs? when was i saying hold to the moon? wtf dude, your embarrassing yourself lmfao. i hope this is not affecting your day
am i the only one who likes the angry lil shib we have as a logo now?
quick question, why two different groups for one coin?
red when it drops and the blue one when it’s rising!!
why change it? it's perfectly fine the way it is.
keep it the same. this coin is exactly what the crypto world needed…an anti-hero😈 yin to the yang, the push to the pull, bringing balance to the force
why change the logo to show others we’re on “their side” let’s make real changes not cosmetic
i think this is a good idea but the happier logo seems similar to many other inu coins on the market, which could confuse new investors. the angry face with maybe a change in background colour and detail would be better
keep the original icon. it’s quite unique. it’s strong. love it
i like it. red’s too negative feeling. this one you made would be perfect.
no! no! no! the mean determined logo is better!!!
original shib logo looks better to me
i have seen atleast two tattoos of the orginal red logo. those guys would be so pissed if it changed
dan you don’t have to change the shib image change the phrase away from doge killer
it looks like a kid coin. it nice in terms of design but it reflects the telegram community (mess)
i like the bad ass dog logo!!!
whatever we do, it still does not look as good as dogecoin and that is a fact.
had to be blue because it’s crip toe not blood toe lol
doge owner here. i approve of this message.
love it 😍 happy and friendly that’s the community people would love to be part of it 👏👍
i personally like the slimmer grey line around the dog, but it feels much more attractive anyways :d
that will help get those 6 year old girls interested.
before and after landing on the moon
i love the original red icon. red is communism, it is perfect for a community coin :d
shib is low this morning guys. perfect opportunity to buy. to the moon. 7000000 shibs strong and rising. let's catch this gain together
you played too much agar.io
but you cant name it dogekiller if it is friendly 🤔
a little late for this
i like it the way it is. it’s not the logo that hurts us it’s the stupid dogekiller shit.
the original shiba inu icon is great. let’s people know shiba is serious about making us rich. it has worked wonderfully. stop trying to change the icon.
i love the new one!
ups actually did a study and that exactly blue color influences buying “so they say”
that’s literally coshi inu
just leave as it is. that’s the real face of our shiba army! instead of making new sht logos do marketing and promote it to everyone you know
but someone already made a totoo on his legs for first logo. i say change,. so that the joke will be on him. lol.
🚀👊💎i do not think we should change the icon! we just need to buy more, be patient and hold! **shib to mars** 👊💎🚀
*liberal gets into crypto*
keep the original logo, remove the ‘doge killer’ label.
i like the original one
keep the mad inu logo reflects aggressive hodlers
angry isn’t approachable for everyone. why not curious, adventurous, witty, contemplative, derpy, greedy, or anything. i think angry dog and doge killer won’t last or be effective in the long run.
the cute face could not hurt either.
you’re good with graphics dw. it’s a good style
original is better as shiba inu dogs can be very aggressive and have a fiery side to them. yours resembles a corgi
the only thing going for this coin is that “doge killer” other than that, if it’s changed, likely won’t be anymore of a help🤷‍♂️
make it go to the moon
y’know what. the blue logo isn’t a bad pitch actually🏀
this one looks very good and super friendly!
other possibility: a determined(instead of angry)
looooooooove the new look! please, can someone kickstart a petition? since it’s a community owned coin, we should totally have the right to change this. better do the rebrand now then later.
dont change it. if you do... im out.
no, no you're not. leave the logo alone.
no you ain’t alone. we gotta keep it this way. it’s the dogekiller we gotta drop
i like the original more too
i like so no your not haha
there is no admin on other one
that would be nice and funny if it would be possible.
yes, if you change it now, its not exactly “brand building” you just throw that down the shitter
if you think about branding. a fierce dog is niche, while a friendly dog is for anyone.
i agree with this!
the thicker line is because i only put my picture on top of the original after i changed its hue. thats why it needs refinement.
no, rebranding a crypto logo is not a good idea, especially now when it is already on crypto.com and binance. and i think only a small minority wants it changed, based on upvotes and comments
ill stick to this one then
exactly my thoughts. 😀
a feirce and fiery logo represents a real shiba inu. they are not the cute fluff balls you think they are
haha i see :d
post this in doge channel, could get the title of most downvoted comment ever
i feel it that another huge boost will come befor the end of the year . we might burn one more zero
i bought earlier nice to see that looks powerfully awesome on the app btc eth shib🤩 with that space mooner🚀🗺️🚀🗺️🚀🗺️
can confirm in apple app store.
lmao webull also started mentioning it in commercials aha
i also see ton of new subscribers on all social media shiba inu channels and by by the end of the week if not sooner we should hit 300,000 signatures for robinhood🚀🗺️💚🤩😍
trading platform public lists shiba now
i bet if we meme shib a lot we could get more attention to it.
why are dogeyboys, so critical
lmao!! i fkn fell for it. 🤣 💀
i can see the light 💡💡💡🔦🔦🔦🕯🕯🕯🔆🔆🔆 at the end of the tunnel! 🙌🏾🙌🏾🙌🏾🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥
yeah i noticed that too when updating today
i got a youtube ad for coinbase saying “shib is trending” coinbase wants the coin to boom as well
please i desperately need help on how to buy shib, i have read people's comment saying they have bought and they will not sell , where do they keep the coin, and please which place do i go to get it. pl help.
someone do it already?
those salty dogs removed my post lol. i find it comedic that the doge community is so fucking salty over shiba inu price movement. as if doge is the only meme coin allowed to run up... i’m holding both btw. it almost feels like most people in the doge community are the ones who bought in at .60-70. maybe that’s why they’re so crispy. idk, just my 0.000028 cents
somebody please, do this 😂 edit: don't forget to post results here.
i've only got about .
what is a good place to buy is public okay or should i stick with webull or coinbase.
sure i sent you a bunch enjoy
its kind of like our puppy is going over to their place and eating the food out of their dogs bowl, getting pats and attention that doge used to get.
lol first comment on his post on the doge sub “its an abomination!”
are really are not happy about it lol
thanks a lot. be blessed
this made me smile. :)
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **69696** times. **3.** `u-poem-533` **24352** times. ... **28798.** `u` **4** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
guys lets be millionaires together
i have 71m shares. would love for this to hit .01 that would be amazing
anyone else buying this dip
years ago i has telsa . guys not always ofcourse but i been trading for years and the one thing i truly made mistakes with was selling and not holding for the long haul. this is a simple correction and adjustment. be patient and you will be rewarded. not monthly but years and years. seen this too many many times. don’t listen to the so called analysis. trust your ability to feel a great bet and ride it all the way unless you can’t sleep at night.
just bought more too
i hate taxes :/
everybody panicky about a little dip completely thisregarding it nearly 2x today. we are finally getting rid of the paper hands, this happens in waves that’s how crypto works. shiba is most thiscussed topic this week, next week, and the apes, the winners, are buying the dip. lets go baby diamond hands all day 💎🙌
bought doge years ago at these prices. nobody believed in it and then it hit... just like this ups and downs buy and hodl too many skidthish little brats hodl🚀🚀🚀🚀
i have a friend who’s been in shib since last year. he’s up 7million dollars. i should’ve listened to him but i wasn’t in crypto back then.
any of you think this is the time to buy?
you think we are killing another zero?
shibs need to be burnt
should i buy ?
i only have about 1mil shiba that i just bought today :( should i hold!?
goodnight guys. hope to see same or more in my stacks tomorrow
shib will hit another 0 by this weekend
i did my part last night and this morning. i bought , and another .
eat a cpl more zeros come on shib
bought in just before the dip but don’t care !! 🚀🚀🚀🚀
127 million and buying
ayyy where's the gabagoooo
elon doesn’t get to have a say in crypto anymore
he just needs to keep paying people to build rockets and cars that’s it
by when do you guys think we can realistically hit 0.01? i’m thinking in the next 6 months
it is crashing down to 64
btw what the fuck is a gas fee
to everyone that is worrying, stop. this shit happens. it went to an all time high today. it's still higher than it was a week ago. go to bed and do not think about it. check it in the morning. and go from there. and oh yeah make sure tk hodl
glad it is over 7 again so i can afford more diapers
just purchased 2mill 😊
why can’t we just let it hit .01 before ppl start selling for small gains!!! geeeezzzz.
the thing is if shib goes on robinhood it can rise very fast. we’ll all have to play close attention.
the supply went up by like 200 trillion and then down by 50. whats up with that
i have 1400usd to put in
hold like the last stroke before you pull out!
i saw the wee hour dip, then the slow decline this morning, and about sold everything, but i reminded myself that i'm a big boy and will hold instead. make some cash now or make bank later? i am not desperate for a bit of short term gratification.
yup, just went in another grand and joined the 100 mil club over here
let’s make it happen! do your part. sign the petition, buy some shiba
random 100 trillion went into circulation
100 trill did not go into circulation, error probably. and yes, buy the dip! it's the first big one - be ready for the drop at 0.0001 😳😳😳
is not a big drop! so keep holding don’t panic , better yet buy more it’s on sale!!
it’s on sale yall! get it while it’s hot
we are going back on track 🤭
i bought another 10k🙏🏼💎 🙌
hitting 8 now it’s time to get 9 then 0 !!
yes, but crypto.com takes 10% when you sell. trust me i tried a swing trade and lost millions of shib
just bought in the dip me and wifey!!!
bought 25m more a few mins ago
basically converted everything that i don’t have staked to shib.
it almost feels like we will wake up broke 😂
estimates say shib is worth more than robinhood right now
if this keeps up, we'll have one hell of a christmas
i’ll buy whenever i can afford it but holding for sure!
should i aspect a toyota supra in my driveway in a week
guys y’all are too narrowly focused. this “dip” is over the last 2 hours. it’s still 40%+ on the day. this is normal patterns of growth.
now all we need is someone to spot elon on the street and ask him his thought about shibu
what do you all think about baby dogecoin?
we do not need elon, please stop yall.
are any of y’all still in on doge
a year from now this will have a more stable group of investors and it will continue to do so after seeing what happened to doge. as long as we treat it as a community of people who want to make money together we’ll be fine.
shytoshi kusama said they did not ad any coins
this is the time to buy
it's still a hell of a lot higher than it was a week ago
never sell. if you think about selling, this isnt meant for you
i just bought my first !!!!!!!!!!!
we bigger then whales and elon if we work together 💪💪
when shib hits robinhood, it’s gonna go wild
just bought for 150 more
yeah doge is going up, but shiba essentially has been following dogecoin exactly. so shiba isn’t going to rise right away with doge. it’s going to drop like doge did. stay stagnant like it did. and then follow. it’s saving grace is that shiba was meant to follow, but do it way faster. just also know, it’s drop will be just as fast set some custom alerts along on what you’d call sell points. personally i’m going to take my original investment times 3 when i think the new ath is at its highest (im guessing we’ll see it at .0007 or maybe even a cent. if it hits a cent i’ll prob shit myself and cash it all out like everyone else gunna do) and withdraw letting the rest do it’s thing. so if i’d does drop i can buy back and still be set like a mofo. & if somehow shiba says fu papa doge it’s my time (even tho the doge killer has officially killed doge so it’s job is done) and shoots back up even more i’m not wishing i had some in it. not financial advice idk what i’m doing half the time. but the numbers chico, they never lie 🥸
apparently they’ll be another coin burning in november
buy the shib and lets go too 0.00015555 today🚀
when will shiba rise again ??
someone started a petition to get shib on robin hood on change.org
my boyfriend convinced me to buy … i hope i make something off it! that would be awesome... 😁
hold the line!!!!! just hold it and buy it!! 10, 30,3000,350 it does not matter, time for profit is yet to come!!! hodor
this zero going down before end of week no matter what apes
sadly if we all plan to sell at one time we will kill all of our progress. we are on the right track but won’t end game plan.
bought in at .00006. going to hodl! remember all, a steady coin is a long lasting one. sure we all want the good things in life, but they do not come overnight. 🧡
does anyone know why the circulating suppy went up to 549 trillion... it was 395... thats “no bueno”
we’re establishing another support level. looks like the 🚀 maybe refueling for blast off. race to eat a zero!
does anyone know why corculation went up to 549 trillion from 395 earlier today.????
two more hours to deal with the east coast pansies panic selling
friendly reminder: don’t check your phone every min. set alerts up and buy the dip!
i just bought another 20 mil of shiba. keep hodl guys.
i'd even be fine with 0.005!
there'll probably be another bull run next week or in two weeks
daddy needs a new pair of crocs!!!
dropped 500 on it this morning
just a sell off. dips will continue to happen
how is that possible, 100 tril is a large number
i bought a million at 7 bucks like months ago shits almost 80 now
just bought 2.5mil for now
right, i've been holding shib and swing trading the other alts. that's brought in a lot within the past few days with shib rocketing. floki today...ooof
coinbase is “restricting purchasing”. it dipped, i bought... it’s been pending 5 minutes.
papers hands no more
it is possible they released more into circulation, we will kill another 0 but i think it will be this weekend
shib is unstoppable now, circulation does not matter, whales, robinhood... nobody can stop us now!
still gonna be more action. like half the shiboshi auctions still going on.
this is a moment where the rank and file (myself included) on this planet have been ratcheting shiba up in turn across all time zones. this is the first grass roots crypto movement and it might be unstoppable. it might destroy the world economy, so get onboard while you can!
a bunch of bids of 135,000,000 plus shibs for one nft lol
market cap is through the roof
do not invest what you cannot afford to lose.
i would say anything over a billion coins
i’m at 15 mil and i’m happy with it. will i be buying more? absolutely
many of us will wake up with a big smile on our faces and not for spanking hahaha
bee in in this for over a month now, the price needs to consolidate in a new range and create a good new support (look at what it did in the .25-.28 range) hopefully our new support range is around .70 for a couple weeks. if you buy now just hold, even if you’re a little negative for a week.
consolidation. this is good for the price to stabilize and rise
when shiba token gets put on robinhood price prediction
is he supported shiba we would definitely be at .1 by now
there was a news story the other day that a whale bought . i'd be willing to bet it was robinhood
because he was pumping btc
just goes to show we shouldn’t allow one person to have such power over the crypto market
crypto is for the people
i legit almost sold my 645hp 300zx build for 35k back when btc was at that price.
all i want it a billion shib
just buy the dips and don’t sell until you got millions after taxes lol
any updates on coinbase? been down for 9 hours here. seems pretty shady to me
if it drops i’m buying loads
i just bought 11 mil more
it’s gonna dip a little bit more wait
guys, don’t sell, only buy peoples dips like right now
i’m tryna buy but there’s a .
fuck it i bought another 9mil, i wanted to have an even 20 to add to my 80mil for this week,
guys we need to get this thing to a cent within the next 2 months.
why is circulating supply increased to 560 trillion now?
what i do is i add . it's not that big of a deal to me and i would spend that going to get food at a restaurant. so instead of going to a restaurant i put it in here.
that is not a big dip, for those who were here in august yall do not know what you're talking about lol
do you think it’ll dip below 5
market makers are ochestrating the market. to those who don’t trade or understand price action, let alone the volume and catalysts that have led shiba to become what it is now, understand that longevity is the goal. a big impulsive move like it did today needs corrections to be a healthy market. based on market structure we have been hitting higher highs everyday, and institutionally we are right where we want to be in terms of ta. hold baby. the future is ours
the only thing my concern is why the circulation and the total supply is 589t now on crypto.com?
i think doge bought with their own money to increase to .30 so they would not loose it all ( saving face) while ppl move to shiba
it hasn’t even hit mainstream yet or robin hood
dam it is crazy that
let's go babyyyyy!to the moon
let’s get this shit let’s get this shit let’s mhm top of the mornin
again, for all the people that are afraid. 7k shib coins is the equivalent to one pack of ramen. don't stress. hodl and buy when it is low
im good with 0.005
already dropped another thousand in! let’s gooooo
bought 10m more. heck you doge, not worth a fluffin thing and will fall when facing the shibarmy. hold the line!! we stand together hodlers. diamond hands fur life.
yep. dropped another 10k aud.
well that didn’t age well.
lmao, it needed to come down a bit cuz today is payday for me, so i'm buying more
for me i just click sell on binance i think
shib is continuing today tho was watching close
true. i specifically wait to buy overnight cause that’s when it dips the most.
we’re eating zeros like it’s puppy food. i love my
holy smokes... i passed out and have not checked
if we drop 2 zeros boys i'll be so happy and if we drop 3 zeros i dump my gf
everybody ready for a 11am est 20 dollar buy???
what time central ?
i was watching last night. i think the highest it got was close to .000091
why did the circulating supply jump from 395t to 549t?
buy, buy, buy never sell when in doubt buy some more. price goes up buy more
market is literally being manipulated for a boom after trading hours
what do you actually think is driving this run up? reminds me of how doge shot up. if we hit top 10 cryptos within 12 months and get listed on rh then this could actually shoot past the moon.
just sold all my other shit coins 🪙 i been holding for 5 years let the true dog to the moon.
shib is quiet today
shib showing the same pattern for the third time before it spiked up from .00002 to .00004 and then .00004 to .00008
hopefully next jump will keep price above .0001
7 is not the new floor, it’s a step
also buy doge!! i’m serious!! 2 shibs in top 10 is better than 1 🚀📈💎🦍🚀🚀🚀🚀🚀
waiting it to drop a bit for put 2k more 🥺
buy and hold on the dip!
lotta paper hands out there
this is normal, it’s just a correction. the market price is probably gonna settle around the 70s.
i mean did you think it was gonna go up another 70%??? if it did then i would be worried. this is normal
the mass hysteria yesterday was caused by australian and canadian market prices dropping a decimal. that triggered massive buy, which caused coinbase to shit its pants
we'll know more when the other side of the world does their action
i’m lmao at these youtube fads trying to convince everyone to sell
ppl keep telling me to selllllll!!! but i’m gonna hdolllllllll
just buy now. it's going to dip and come back. that's the nature of crypto
if you wait until it hits x or y, you're going to be very upset.
can everyone dump there doge into shiba🚀 hit .00015 then dump all shib back to doge?!
let us go boys
y’all chill out i don’t get paid until next week
bro i think shiba will turn into a rebel movement...they should not have messed with the circulating supply. looked too suspicious...
65-67 support level ... called it!
the petition just hit 400k bitches
several have said shib is up 25% i only see its down 12% , not being a poop just saying, i'm in 80m +
normal. stay focused. hodl.
why tf is it dropping!? are whales doing this?
we could bring this token to ’s very possible.
it will drop the 0 before 3 am!
honestly, it is not worth selling unless you have an ungodly amount. it's so cheap it does not really matter. i mean i get that , but honestly losing that is not that big of a deal. granted i would rather not but i'm still gonna hodl
why did they add another 200 trillion to the circulating supply? or who added them?
there is a new coin named after elon musks dog but i doubt it will get anywhere
stop making predictions on shit you have no clue about
all crypto is led by the whales, we are at their mercy
do not sell until we drop a 0
why is it dipping now?
i bought lots of dips...lol. dipped out
buying now. ahhh yeaaah
it’s time to buy fellas, don’t be scare. don’t wait till next 0 off to buy
someone just sold about 30 billion coins and it dipped
dont be scared to sleep on your coins i did and i felt like a kid on christmas morning
cant believe how much pussys left on that baby dip 😹😹😹
indeed lol, remember just 1 day ago was 50% price, be ready to keep profiting 😈
i think we just need to coordinate our dip buys with my purchasing
i buy and it goes down every time, but then 4x in the next week or so;)
idk i just threw 500 and im down almost 80 in 20mins
shib dropped and alllll the other alt coins dove with it
dropping like a mf now but the next jump will kill a 0
i just bought 20k worth of it at 86 and it dipped don’t sell
you’re good it’s gonna boom after 90
too close to eating a 0 always has some sell offs that seem like it’s something
just bought more 💎💎💎
buy buy buy if you wanna make $$$
don’t forget to share! so people can get a piece of slice
i did i did
its coming back up
right before it went up
lol i have no more left to give. how are you guys doing this? swing trade or what?
i’m buying another 10k worth of it right now
any lower than 7? i just might buy now
new york state can buy brothers !! wtf
wish i could buy more, i’m literally spent lol holding onto 9.5 mil at the moment
do it. it is on the up
when do you guys think the dip would come?
new york state can not buy brothers
just watching the charts
no paper hands here
so how do you guys have just 10k lying around ready to yolo in? i feel like my bag is nothing
just pray another vb donation or some shitshow like that dosent happen
we back online boiis
going green no paper
is our asian counter parts already in?
yes use crypto.com !
every moment i look at my phone i smile :’))
oh no i didnt know
what’s up with circulating supply?
it went from 3.9t to 5.9t
is this the dip?
that’s why theres more
it was a quick dip though
coinbase did just let my purchase go through
it’s was being bought way to much and way too fast
seems like that dip is correcting already
check out binance. buyers are outweighing sellers
are we all gonna regret this soon? 😁🤣🤣
people are gonna regret... if they do not buy now
guys lets hodl to the fucking moon 🌙 !!!! 💸💸💸
well yeah… rh stock dipped 10% this week. shareholder here :(
same here to the moon 🚀
bought in a couple of minutes ago and it went down 7% lol. my luck! i should have waited.
the thing is people are impatient, i bought shib in nov20, and hodl it. now see where we are
well you guys convinced me. buying another 25,000,000 😁
this is stressing me out 😅
it’s a 8% dip over the last hour… it’s going to be fine
i'm gonna be real with you guys i literally i have no job yet and only . should i invest - or more.
hodl and then buy again!!!
dips are good. it tells you when to buy.
hodl time now baby 🚀
i’ve bought 3 times in the past three days with no losses it’s full proof
okay at the moment i since i bought more i have about 4m shiba
hold the line solders. buy the dip. it will explode again.
what amount is considered a whale?
wow then can we make a dolphin bracket
14 million shiba and holddddiinnggg
hold the equivalent of 1eth worth of shib, the goal is to have 1btc worth
i just hope the whales don’t cash out everything and just take out enough to live lavishly and leave some for us lol
so when do we sell 🤣
i have about , i want it to grow to ’ll buy a whole bitcoin.
i fucking hate ny cause i couldnt buy it eventhough i knew its potential.
why is that anyway?
why isn’t it available in ny?
idkk. neither binance or other crypto echange are available
they are banned from binance isnt? ny and his regulations
guys is doge really dead? thats my only hope now. i own only
doge isn’t dead it’s just going around from high teens to 30 for a while now
hasn’t moved much from that spread
guys in years to come it will be
by then we will be millionaires
please continuing buying and hodling
yes shib is going to be life changing
i mean you could sell but you’ll be paying a hefty amount in taxes
i’d rather just keep the funds in my trust wallet and take out however much i need or want
speaking of taxes, does crypto fall into a general taxable category? is there short term ? this is my first crypto investment and my shits 10x’d it’s with knowing tax shit
it’s considered property by the irs
how late am i to shiba
shall buy now or wait for a drop?
this is my first crypto buy and i couldnt be more excited
not late but you’re not early either lol
i just put 120$
everyone hop in now, hold and add to it and you will be happy you did.
you're not too late because it has not listed on robinhood yet
what’s your guys average!?
this is my first crypto buy too. this is fun 💃💃💃
analytics saying that shiba inu have potential to be 3d coin after bitcoin and eth. 😊😜🥳🚀💎👏🏻🚀🚀🦍
once is listed on rh it will 🚀
not too late...still cheap until it eats another zero imo nfa
we have 350 singed petitions we just need 150k more
what the petitions for?
if you wanna talk about dips i bought in may and it took a nasty dip after the ath and it stayed that way for months until about a month ago so don’t worry about dips. it’s all apart of the growing process in the long run. just don’t sell and don’t make the same mistake i made and buy the dip lol
do you actually believe shiba will be on robinhood soon
you can find it and sing
how to sign the robinhood petition
that’s what we need
i feel like elon musk don’t like it
i do, because rumors can not be just a sound. there should be something.
people say at q1 will be ready on rh not quite sure either
ignore all of elon musks comments about crypto good or bad
so is shiba gonna take doge place
he’s the only reason doge is alive
yeah he’s also leave us in the dust once he cashes out
if elon takes shiba inu for payment system. we will somewhere near mars.
doge was alive and well well before elon said anything about it
he only hopped on the train as it was already in motion
i'm gonna pay my parents mortgage
exactly what’s gonna happen to it in the future
doge was around 12 cents and growing when he decided to say something about it
really curious where shib can get to price wise with the current circulating supply
he boosted it sure
:) i'll buy my parents a nice home
but then he trashed it making it sound like it was a joke to the world
am i missing something? on coinbase it says shiba market cap is at 45 billion but the price lower than it was earlier when the market cap was 32 billion. what am i missing?
here is a lot good things can happen, mortgage, students loans, medical bills and a lot things can be closed. 😔
“tesla accepts bitcoin, nope no we don’t.” dick move
he was one of the 1st on get btc
what should we look out tomorrow today when the market opens
doge is unlimited. i guess thats where its worthless
i think 32b of doge will flow to shiba inu in near weeks
it just my opinion
and it will! many rh users keep asking for shib
so is there any way of know how many more coins will be added? the market cap jumped up another 50 percent this evening but the price dropped due to more coins put in circulation. how often does this happen?
we just need to make 500k signed petitioners
laters and see you tomorrow, you can post here to see how it goes 😂
tbh we still don’t know what happened exactly and why
they didnt addet more coins
it must hit 1
that its a bug from.coinbase
coinbase hasn’t been down at all for me
bs dropping another zero lol, im loosing
just dont panic selllllll
is this a buy moment?
is it about to drop
this dip was expected. it did this the other day, before shooting up from 50 to 85 lol
yea its at 0.00009 in canada but i'm sure we'll eat that zero again by tomorrow
why it dump :d
i don’t know how much i should buy? 😬
buy on the dips 🤑
i don’t have many expenses right now but i also don’t want to lose money
this run is going past this week and do not worry about the weekend if it dips a lot cause monday is first of the month, dad's and mom's are spending and join our 834k hodlers
i'm buying now you guys buy the dip i'm broke til frida
should i buy now
people worried about their money listen... i bought in at 16 on the 4th of this month... it dipped so i sold and lost 4 bucks ...
eat less and buy more shiba
how long do you want to hodl for?
if i held... i would have 4000 dollars profit now...
put your money, even if it is 100 bucks and just leave it
buy that stuff up folks
how long to hold ?
much love shib empire
why is it dumping
big dip ready go
only people who lost money on shib are the ones who cashed early, or did not believe it would go up and cashed out in the red
you only lose when you sell!!!!
i’m gonna smoke hella dank when it goes to a cent;)
only have ’s charging over .
tbh i think its gonna consolidate over night, if i'm wrong i'll eat my tendies in sadness
i'm just going to say it but crypto.com works great in canada
im moving to amsterdam when it hits 0.01
you get no fee if you etransfer to their crypto account and then you move it to your wallet , just remember to write down your confirmation code
when i stake i paid a
just bought another 7million right under that .00007 mark
which aint to bad and i gove it another year before we crack .01 look what doge did i think we will pass doge though
i just flip it to usdc from shib, or fiat
coin base is railing me with fees smh
yeah it is dropped a lot since this afternoon
currently holding onto 40million shib rn lemme hear your numbers!
yes people, buy during the dips!
prob not gonna get any because of these fucking fees.
what was the lowest yesterday?
measly 7 mil here
the dip has begun
5 million should have bought more earlier this month
i’m trying to buy my bank account is dry 🤣
shiba is going down
that just means it’s an opportunity to buy
is everyone selling or holding, this shit is dipping like crazy
don’t sell guys hodl
ive been hodling for 6 months now dont want my money to go to shit lol
i’m going to sell mine right now and buy all of it when it dips low
it’ll go up to 9 by the afternoon
lmao 🤣 chill bro
shivas going on sale buy more now 😎
shibas going on sale buy more now 😎
i won’t be able to sleep tonight lol
hold that shit up! baby
shiba on sale go nuts
while it is dipping get buying
just hold what you have and go to bed. it's too small of a flux to panic sell.
is there any way to avoid the gas fees or nah? i can’t afford to swap with these fees.
remember kids: buy the dip!
just keep holding. crypto is a volitile market. it will bounce back. i remember when bitcoin was 0.13p
why tf did more coins get added to circulating supply?
and im still kicking myself for letting that go
i'm buying more if it dri8to .000050
if we are still dipping tomorrow i'm gonna buy the dip. as is life
oh paper hands are selling
i’ll buy ig gas fees piss off.
i’m buying 50.00001 it losses.
we need support team!!!!
so it dropped again uhhhh the rollercoaster ride is on
and buy more if it’s the 50s
its already going back up
so we’re about to be max total supply? i dont see the 1 quadrillion anymore on crypto.com
hodl, a healthy market involves correction. large whales are dumping for us to keep buying, hold until gets listed
i’m so sad rn but i just know it’s for the best
cannot someone tell me... why the circulating supply has increased??
no panic sellers. only men 🦍😈📈💎🙌
remember that crculating supply is how many people have bought. total supply is total number of coins that will ever be in circulation
if you keep watching it then you are going to be depressed as hell. this shit happens. thankfully it is still cheap as hell.
meanwhile doge is pumping
i wish this was sparta where we all just hold 🤣
all day it has been ups and downs with both doge and shib 😵‍💫
i'm finna buy more. was debating on getting more two hours ago but i slept on it.
gerard butler yelling shib as he kicks doge off the market
i believe it! ppl of reddit always know what time it is
night guys, i'm gonna wish everyone luck, get some rest guys 👍
how can y’all afford this with the eth gas fees rn?
it would have been tight to see it drop a zero, but you have to consider that it literally went up 0.00004 today.
just let the magic occurs 👀
why it is going down??
i eat ass for fun
jeesh im losing my average xd
66 i think lowest it goes
waiting for it to drip a bit more
bought 5 hundo going to bed hopefully shit will settle up in the am
everyone i know is talking about shiba. my friends that invested with me are all buying more on these dips and from what i understand, chinese nationals are getting into the game even with the crypto ban.
going to bed guys. let’s see what happen when we awaken 👯 later booooiss
price nearly doubled, dont panic. this is just the beginning my friends 🦍🦍🦍
it sucks sometimes but if you are worried about the cost then do what you see best. i'm no financial guru and i'm honestly investing in this because it is fun.
bought at the .88, should i be anxious :(
anybody here having 100x?
best app to use?
i use coin base
thank you for the motivation, im wishing all of you prosperity <<33
i want to sell so bad, getting worried
lost £300 in 3 hours 😭
should of sold at that and bought this
do i buy at dip?
people sell to buy the dip and ride it back up
i need to know, how low can we go?
lmao damn that is a big dip doe
im gonna just hodl, supposedly this will soar like crazy once it hits robinhood lol
yes yes guys lets hodl
guys put on your seat belt it’s about to get exciting after this correction, better get some more now while it’s dipping if you need some because you got 1 more hour before the let go of the numbers.
how long until it rises again
i see a zero dropping.
buy buy buy grab some popcorn baby
i wanna see how low i can go
i just bought 1000
lets go buy buy
take a sip and buy the dip
comeon no negativity hefe
fuck coinbase buy limits omg
you will never time the market. you must buy and come back tomorrow. goodnight my apes, be safe
buy while you can!!
damn , it went from .000060 to 0.000068 in like 3 seconds
this is it guys the numbers are being corrected and count better get some now.
avoid the fomo my friends
this thing going up and down like crazy
i hope to a new high
it’s going to drop a zero tonight
bruh anyone seeing doge hitting 30?
this is small correction.
that’s what i thought.
doge lowkey increasing rn 👀
no worries my bros no way i’m selling
i believe in the pup
yo what is going on with doge!?
woof with me if you are holding woof
doge on the move
it’s just paper hands and scalpers
hey who let the dogs out!
i love both doge and shib
damn it’s down so much :( will keep holding ofc 😈
whoo let the dooogs ouuut
my dogs are barking 😑
it looks like some people transferring money from shib into doge
they will hear us barking i promise they will
woooof to the moon
i got a real q tho
hold on i'm buying more of that cool aid
what is the possibility of shib hitting 0.1?
i just bought at 76 today lmao down to 62
guys , you have to understand the whales manipulation,
this weekend buying some more
i know it’s kinda thin at the moment due to the extreme availability
big weekend for alt season
just a shake before everything pumps
shoulda waited 15 to buy at 62 and not 76 lmao
but ya its fine
don’t get scared by this correction
what comes down will come up
its life~ life is a rollercoaster
my avg buy is 0.000007
its not hitting .01 anytime soon
just bought at thiscount, thanks paper hands
i wanna buy but i don’t want it to keep going to like 4 or something
it’ll forsure hit .001 tho
not scared, just wish i wait a few min to buy at a much lower price haha. hodl
guys dont worry if we continue trusting
if we keep this momentum
that’s a big maybe
crypto.com not letting me buy rn smh
yeah!!! c’mon guys lets gooo buy the dip now
it’s about to take off guys
sold my btc and eth, and went all in with shib
long term holder here lol. idc about this dip, it won’t matter in 2 to 3 years lmao
why is the circulating supply 590 trillion?????
it was just 395
bought before the dip and after the dip
so what is the highest anyone thinks we’ll hit?
it’s an error, just confirmed
because they can’t keep up it will be corrected and when it does so will the price 🚀🚀🚀🚀
how much did you all put into shib
they’re just trying to scare us into selling
once the price is corrected we’ll be chilling
booiis lets keep it going
its chest not checkers
i’m running a little low on funds but i got around 2.5 million shib
flyy me tooo the mooon
cool if its and error!
20m and holding 🦍💎
you fucking jinxed it...
you bet your sweet asses i’m holding for a while too
1.8 but i'll get more if it dips to .00005
fuck the moon. we're going to pluto. and yes it is still a planet.
251 mil paid for in the profits from doge and ether ... buy and hodl is the way
honestly. if it dips down to 0.00005 i’m buying about 50 bucks
i swapped every crypto except xlm over to shib
if anybodys got some spare send it here lmaoao
sold some at 85, just bought moar yayaya
lets get this bread
if we hit 0.00009 imma sell so i have an even 2 mill, wait for a dip and buy more with the profits.
126 mil and holding
anyone know why this is happening exactly?
shiba hasn’t even gone mainstream yet we have a long way to go
would you sell if it reaches 0.001?
dude stop being poor it is not expensive
time to work i want it to be doubled when i come back
0.01 i might sell 500,000 and keep the rest for if
this is minor drop from whales. our job is to buy the dip. then the markets job is to go up. simple if you ask me
hell of a ride omg
if it reaches an absurd amount like 0.001 even we need to smart about it and dont sell directly
we just gotta eat the dips
as i said. i have spent more money on spilled liquor than i have spend on shib in the past 2 months.
anyone want to be kind?
made 30 bucks in 2 mins let’s gooooo
let it sit after 0.001 be patient
and i do not spill liquor
bwahaha bwahaha thanks to the dip in back over 120 hill
don’t listen to te guy asking for kindness. in that case burn your coins in my address loooool 🚀😂
let it ride ^^^^^^^
time to get loose
76 let us go
cool out mfers. quit being soft. grab your balls and hold yo shit
so what is the point of no return if it drops?
look at it this way. instead of spending like 100 bucks on pizza and shit, spend it on shib and then eat the food you already have. being cheap makes you rich.
do not sell, hold or buy
once it hits snl is when you sell
like where “it’s hopeless get out while you can?” i’m not worried at all i’m just wondering if there is something like that
then you can buy nods and more guns.
the only way it would not drop is if we do not sell and buy buy buy ... baby
gained it all back in an hour. ride the donkey get the pony
just wait and hold, 0.0001 is coming soon
alright i need 250k more shibs to hit 2m 😂
i want all them coins
sitting on 7.6 million
it is like the mountain climber on price is right. keep yodeling my dog peeps
bruh i can’t sleep cause of how interested i am
buying 6m as soon as i get verified
what y’all know about scrt tho??
hope it dip dip dip
hold like your life depends on it, do not cave and betray us out of your own cowardice
we got 20mins before take off guys get while you can.
guys just go to sleep if it’s late for you. one day won’t make a difference. one dip won’t burn your account. ya’ll have a great day, this is just the beginning 🚀
just got 250k more
u aint salty till you ride a dip. you'll regret taking off you pants and putting on your skirt
nevermind he made a positive comment
i have faith in this
i hope skip .00009 and go straight to .0001
0.0001 is coming soon
what's there to lose really? 1 grand if you bought a fuck load of coins?
can’t compare shib to doge, apples and oranges
guys this is such an emotional rollercoaster please recommend a therapist for me 😭😭😓
man i was reading i did not buy more coin when ot was .00006000 i was hoping for a .00005000
lets just manifest together ok guys manifestation works
i took out . still have $$😎
should have popped off at 6 and hold up like billy the kid
shiba will rise with us supporting it let us gooooo .0001!!!!
bought at the dip too 😎
who let the dogs!!!!!?????
woof if you dipped you chip at the bottom
who let the dog out?!
this post didn’t age well lol jk hodl the line bois
lol i remember when i empty my wallet and send it to the wrong address and i am here starting over lol was my first 100usd lost 🥲😂😂
back over 7 already breathe mfers. change your diaper if you shit yo self
lmao incoming bots messaging us if we are into crypto and shit. so i can shitpost them and ask them weird questions
to think a week ago shiba was .000027
it's literally cheaper than ramen.
just a q tho. are we expecting large burns?
cmon go down again bb i need
yo the 1h chart on coinbase is hilarious for shib
buy at least !!
quadrillion * my bad
facts i bought 500k for
theres mad sell ordered popping off around 74
just bought 8 million more during the dip just now
let’s pump it up boys buy buy buy
apparently the coins that were burn came back in circulation which is why its at 590 now
people are such pussies when there’s a minor dip
fat bitches on trampolines.
rip a bong hit and go to bed son. tomorrow is a new day
coinstats says: available supply: 497,730,966,630,396
lmao like a fuckin slingshot. poor trampoline.
bought my first !!!!! i bet your sweet assess i’m holding!!!!!!
4 more minutes till takeoff
well be back over 8 in no time. strong 💪
who let the dogs out!?
the 1hr ticker looks like and old bitches flabby arm skin
stop selling you fools
bruh people don’t have patience and want instant gratification
it tanked 50mins ago
but its headed back up!
that was a close one
hold buy in the dip
give it a few hours and it will slowly go up. doge is up so the fomo is strong there... but once it peters out... the shib train will roll on
imma sleep boys. i’ll see you guys after we drop a zero
ight yall i'm out. hodl fast.
same thing happened yesterday woke up today with hella more, probably wake up to the same
0000.71 what happened? hodl!
anyone know how to swap safemoon for shiba?
alright shiba warriors i'll be back tomorrow
let us hodl and get the 0 off!
absolute morons will sell
we will kick it up up up
i'm holding but hoping for value to drop to buy more 😆
woohoo…my first ride to the moon. hodl and don’t panic.
if it gets around 6 i'm scooping up another
idiot who sold just hold and let us burn a 0 before rh listing
i think we are going down
dropped another 100 into it now i am at 10.5mil
waiting for it to dip to buy at 0.00073 fml
y’all crazy, it follows doges charts. learn to read charts. then compare the two. yeah, shiba is going to rise up to another ath after this dip. and then it’s going to do what doge did after it had its coinbase listing (for those who don’t remember it tanked). this isn’t financial advice, idk what it’s gunna do to be honest it’s a volatile market. i do know profit and securing some isn’t ever a bad idea. all these hodl for life’s peeps are going to miss out on a great buy low sell high and buy back way lower than they sold opportunity. and for those who think “if we hold together we can influence the market”… we don’t influence shit, the people in those fancy suit and ties in your governments. the people with billlions of dollars, they inevitably decide
are not we call "trash money?"
that doge coin hit .32
i mean even if it gets to 1 cent, (probably not soon) people will sell before then anyways, they are impatient
doge is going up
i almost sold today
i meant .000005 to 70 cents lol
stake it so you cannot sell it
doge rise is probably really temporary
hell im kinda curious to see when it will stop with this crazy momentum if ever hoping never ends
62 seems to be the support
it’s also funny how quiet the chat got... like this post if y’all read my first comment to go look at charts 🤣
we’ll see another ath before a big tank if it follows trends. so don’t panic... yet lol.
how do i find coins like this that have the potential to go this high?
imma put €150 in now what you guys think?
do it b4 it goes up again
is some one seeing the jump of doge coin
12hrs ago the circulating supply was around 390t, but now coinbase shows 590t and the other platforms show 497t. why did it go up 100t ?
cmon bb drop to. 00006000 please 🙏
yes buy this dip
already jumped in this morning
pump this shit y’all
holding since 0.00000009 too! yeehaw
gotta hold for the long run. ain’t going to cut and run…
can’t brag, profit is good!
i feel you, i just wanted to know how much you made for holding it for this long
gotta walk dogs at 7 am
just bought more shiba!
hope we lose another 0 soon. we were so close yesterday!
bought what i could afford, 2 more mil. i believe in shiba and will continue to invest what i can.
love you little dip
bought 4k on the little dip
let us get that fucken zero off!
ursa minor give me love
i guess some decided tot sell this morning
they sell before it delete one zero. i still keep my 16mil
got 300 mill due to geting in super early
man if it takes off 2 zeros i'm dop lol
keeping my 22 mil
damnit night shift! you had one job!!
take me to the 🌙 🌚 🌔 🌕 🌖 🌛 🌙 🌚 bietch!
please go to a penny at least
still can’t buy on coinbase
i bought 3 mill at 65
that 75 wall about to go
coinbase sell and that’s it
how did doge shoot up so late
and we hit a speed bump
what is meant by burning coins?
to get rid of them because they made so many
can someone gift me one shiba
it will be worth alot in the future
wont even be worth a dollar in the future
what happened? huge increase of circulating supply from yesterday
dang i thought i was gonna wake up to at least in the 9s lol. we gonna get there today tho
damn i dropped a . why didn’t i buy more back then 😭
why is there another 200 trillion coins
whale sale or something? like that’s a couple trillion added
i’m so confused lol like that’s a lot of coins added to supply
could explain the massive pullback eh
coinbase and crypto.com is short on coins and people are scared. but it was a couple billion added to doge tonight
yeah but could be preparations for robinhood crypto wallet
coinbase do not even work for me rn i tried to buy more shib when it dropped to .00006 again and it just kept buffering
yeah rh wallets are going to flip things there is alot of money on there
or when it adds shib could start another run if it is soon
doge coming in hot
what do you guys think will happen today? honest
not 100% seems like consolidation until people wake up then who knows, all depends how worried people are
it’s 40 bil now
do not have to listen to me, i sold most around .84 and bought in at .59 just sorta watching but seeming to has resistance the past few hours
yrstetday they hit past cap
people are just worried like yourself so who knows
everyone needs to learn to bury 1000 coins today everyday
let’s flip xrp and solana this week!
let’s make musk buy shib coin
let’s make him shiba leader
not quite. but i love your enthusiasm
today is doge vs shiba choose your side
let us push shiba past the .000079!
i love you shiba
just bought another 600k shiba
let us get rid of another zero!
we going to drop a 0 today 💰
shiba army marching onto the moon!
we are back in the game!!
bought the dip now it is time to take off!!! lfg!!!
just bought another 1.5 mil.
thought i'd wake up to one less zero
coinbase has been jacked up since yesterday's shib take off
what’s going on anyone using binance won’t let me log in
watch me get liquidated now
are they legit or have they just ran of with my money fuck i hope not
ppl 0,00009 today go
i bought more lastnight at low 8s hope i didn’t fuck up lol cause i seen it dip to 6 at 2am and this mornin it’s down to 7 so probably lost the money i’ve got in so far. but regardless it’s a good buy right now still?
we’ll all ride shiba 2 the moon!
anybody want to add my coinbase friend invite ?
and thank each one of you for holding and being part of this great community
ok... i am in...
so wtf happened at 12:00 est?
what dou you guys think of doge now?
doge made up . shiba growing
what's a realistic prediction, i do not want to lose all my money overnight
will there be a shih tzu coin ?
will drop off another 0 end of year
free coin on coinbase follow my link please coinbase.com?src=android-link
how we hodling up???
nice fucking recovery from .00005!
i was up all night waiting for a dip of 5000
i've got enough coins though if we drop 1 zero i'm lit
shiba inu to the moon
noob here. what do you mean when you say dropping a 0?
ahh! makes sence now! thank you
take me to the moon !!!!
gotta start fresh 😆
too early for west coast idk
says 5600 but that is bs i went to bed almost at 5am
my dogs do not know we're gonna buy dome acres to run wild 😜
is shiba on cnn yet? anyone ?
y’all ready to break that 88 wall!!
it’s where it stops being it starts dipping
bout to drop another 1k on it
let’s break a zero today!!
is it too late to buy more i want to cash out my isa
has everyone just bought shib i only have shib and want to know what else i should buy
legit question did they ever announce the nft rename burn?
i own evergrow, pulse shiba, safemoon, baby bitcoin and surge inu also, maybe bought 'm sitting at
dropped 300 yesterday morning
so how do we all get paid after we get rich? where does the money come from?
can we bring this to atleast 1 usd ☺️☺️
shiba will literally never hit . but still it has a fuckton more to grow
well i can totally understand this but can some one suggest the near target price for shiba
i have an idea that could do this in 5yrs. give or take but we would need a lot of support
let me know before all you millionaires sell please so i can get my 18 dollars out first ! ok 88 million coins.
65million coins now, hit a penny🤑🤑🤑
up 5k in a month
i need it to hit... .009
just be prepared for pull back in the next 14 days or less
anyone willing to double down on 10%ish of their holding to stabilize the coin for life? we have a full well funded army we could be using it
i did my average cost per token... every .000008
should i buy shiba right now?
if you can risk loosing it then yes buy and hold
coinbase still won’t let me buy or sell
update it ^ i’ve got 5.27m
was there a big sell off this morning?
i’m unsure but the circulating amount raised by more than 100t… i’m guessing they forgot to add in the india fund from the start.
why is it dropping so much
unsure. whales cashing out maybe.
i’m looking at the day over day returns (24hr percent growth)... still positive, so i’m still pushing forward for now.
i just dropped . probably do another 50 later
shiba forever let us hold guy till 1 💵 😉
when robinhood starts trading shib , how big will the jump be ?
time for elon to buy some shiba indeed🧘‍♂️
more of a stable kind of moment right now dust is settling
yesterday trading so good today is boring
elon can suck a shaft
a lot of ppl made a lot of money yesterday
this for me is a long term thing even though i’m only sitting on 105,234,600
sold my doge now im like fuck it going up again 5 mins after i sold it today
to buy shiba when it drops 🤔 maybe bad idea
yeah, i did my first buy in at 0.000006 but with only a little money… know i’m only sitting on 23.000.000 and actually wanted to buy the 100.000.000. it was going up to fast for me 😂
so should i drop this 1700 on shiba now ?
my first day in the train
i already have 14 million
why are people saying it is a dog fight between shib and doge?
and ppl from shib at dumping and jumping in to doge
i spend most of the time looking at shiba hoping it will drop so i can buy more. here we are!!!
oh man, missed really fun times but pretty sure theres still a lot ahead
around 2am est it dipped to .00005
this dip is perfect for a buy! another
buy low and hodl don’t fold!
sold 2.7million a few weeks ago, should’ve held it all
keep in mind if you sell and make money hell ya! but you won’t be able to buy as many tokens per fiat as you would have if you hadn’t sold! hodl people if you’re investing then it’s risk management!
holding 8 million! let’s get this bread!
sitting on 10 million and going to add another 10 take advantage of the dips and buy it will pay off
61million, to the mooooin baby!
lol cannot spell moon
you can’t spell mooin***
i hope we maintain this jump or run higher!
so what’s going on now you think? consolidation phase for the next day or two?
holding 25 mill shiba right now. cannot wait for the next dip to buy more and then watch it take off
so should i buy some doge rn even if it’s .5-.6 higher than the last floor? you think the floor will get higher and next pump exceed ?
also i’m gonna keep selling my shiba high and then buying the dip low made + so far these past 2 days, kept around same to hodl
that’ll mess with your taxes, just keep track of when you bought and how much you bought and sold
there’s a difference between realized gains and unrealized gains
boys why so sad about shiba
7 is the new floor?
shib is just consolidating rn
alles hört auf mein kommando
seriously! coinbase is not letting you cash out. not that i want to but even if i did it’s been giving me an error message for the last 3 days! anyone else having the same issue?
call their support line idk
i haven’t had an error message when i’ve previewed the sell
who's going to buy on payday? i'm ready to drop a little.
tell your grandma to buy
bep20 network is congested
i need these contractors to pay my 2400 dollar invoice and i’m balls deep olin ryoshi
wall street bets was talking about crypto
what’s up the extra supply all of a sudden. ?
doge is going up now, people buying in after the dip we caused
i wanna add more shiba to my portfolio, but salary pay is on 2nd of month zzzzzzz
keep in mind buying more shiba doesn’t make the line tick it increases market cap.
doesn’t the circulating supply stay the same unless you burn some. ? so it made babies over night. ?
friend just dumped all his shib and made 2400 profit. wtf?? he is the one who recommended shib to me in the first place.
why did it dip overnight?
i'm down let us get this shit
guys i put .000088 im scared
hold the line boys trust me!!! they want us to be fearful !!!! market manipulation at its finest !!! hold the line and we got this ❤️❤️
we got this another big run up before saturday
had put 9k in a few months ago i’m up 68k rn shits so crazy
damn that crazy wish i knew about this stuff sooner
hold like your life depends on it
what do you think is the next shiba inu?
boss token 🚀 next to fly
how do you know
this thing is gonna fly it’s just a matter of when
anyone have any ideas how i can find my wallet that i had on my coinbase wallet? since the last update they did my wallet is no longer there!!! i’ve logged out and used my recovery phrases and logged back in and nothing. i know my wallet address i had originally bought my crypto in meta mask and transferred it to coinbase wallet
fuc doge shib for the win
all is happening right now the weaklings and streigler’s are selling off. mostly newbies people who don’t understand the market and they panic so basically the best define his panic sellers. at least we know that they are being burned off right now only the strong survive hold strong y’all whole strong and your week more than 2000 measly weak dollars what a laugh. what a laugh.
come on shiba get your ass to the moon
this weekend its gonna dip
get ready to buy more
where will it be this weekend?
be patient everybody. let the week and streigler’s burn off seller panic cell. will get back to normal. we’re being mentioned in the news every day cnn bloomberg report fox news.
how can i buy?? i’m in ny
buy on uniswap or shiba swap
i'm in new york and this is the only way around it
which platform has the lowest buying fees? i wanna buy some
crypto.com no fees for the first month
i hope robinhood picks it up soon. another big jump
should it be good to buy more shiba or not
i have had [crypto.com]( for more than a month:(
u-practice-467 better stay on hold until shib team and coinmarketcap fixes 200 trillion more circulating supply
hoping this is just the pull back 🙌🏽🙌🏽🙌🏽🙌🏽
however yesterday was too exciting haha
i have 14m now
like a fking idiot i brought it for .0000787
lads if you ain’t buying you gonna be crying this the key chance to get it
just bought the dip i’m not selling
dip dip dip buy
hit that petition if you haven’t already
i can’t be the only one who thinks shiba was manipulated yesterday
this isn’t for the faint at heart! buy the dips, and believe!!!!
mmm that was some good dip.
i have no clue where it is going to normalize, but i seriously doubt it will be in the 70s
what do you think final correction price will be? hoping to snag at a low for the rise
really looking forward to this run, bought 6 mil the other day, will probably buy more on dca
it'll start to level out.
let us gooooo !!
there’s a rumor that etoro might list it as well 🤔 who have info about it?
once it hits robinhood that will be another huge run
maybe we will see price hit low 8s before going back down to the high 6s? giving some more opportunity to buy the 6s before we see any action, but as mentioned above we will see once the rest of the world has done their part.
where do you get some floki though was told should get some
coinbase don’t support floki
is it available in the try state area ny nj
what’s up my fellow shibs?!?
can you set up price alerts on regular coinbase
got thing i transferred all my eth to shiba 4 days ago!. holding on and gonna ride to the moon
i don’t think coinbase has alerts. and i think i shiba will drop a 0 on saturday morning around 2 am-3am
just bought another 2 mil. doing what i can let’s drop another 0!!! we need a 🐳
fyi did the big burn happen already or there is another one coming?
sell the hype, buy the news
what is the big burn
let’s get shib on robinhood
paper hands losing me lambos!
stay strong, shiny army!!
so many paper hands
robinhood and a nice burn should get us going past the moon
hey i'm kinda stupid. if we drop a 0 i'll have like 200 euros instead of 20?
lot of people panic selling!
we may settle at 50
gotta love those coinbase freebies! transferred to shiba👌🏼🥃
fucking idiots all selling, panicking. it is usually the broke ones that do so too. the ones that buy in with a measly 80 bucks. smdh
act as if they are losing their lives
signed sent bb 👍
it is a good time to buy shiba again?
who’s got some good dd on this movement? anyone? can’t seem to find much other thank dipshit elon inadvertently helping us out haha
cmon bb go down again drop one 0 😱
how many times a day do you check your app to see how shiba is doing?😂😂
buy the dip before it goes🚀🚀🚀🚀🚀
shin down horrendous but fuck it
nsinc song. buy buy, buy buy buy! 58-
ya i do not know about dropping a zero...maybe after the weekend.
hoping for a huge rebound
buy right now or go home baby
anyone waiting to buy now is the time
i'm holding my 2.5k this money should be money you already know is gone not money you need to survive
i'm waiting till we hit
i’m buying 10k right now. the rise is inevitable
you snooze, you lose - it is so sporatic
just bought the dip. let us get it
i'll sell my granny to buy some shiba, monkaw
just added a million. not much but going to keep piling it up. 💎💎
look at the charts, and what people are doing.
is it a good time to buy some?
its stupid people just getting scared, if they had balls the price wouldn't be low but thats fine everything has a correction
gonna dip to 0.00005 then pick up….maybe
so what do you guys think? how much is it gonna reach by next year this time around?
the price maybe drop another 10% and then 🚀🚀🚀🚀🚀🚀🚀
it would be super nice if shiba reaches 0.001 but i do not think that it is likely but who knows..., chart analysis can only be used to a certain extent. watch how many people fomo soon as we kill a zero, we already surpassed doge and flipped xrp in terms of market cap (even though this term it happened). the future is unpredictable, we may be very lucky people holding a this coin or absolute lunatics.
did the supply increase today?
no, shyboshi is looking for more to burn.
the whales buying massive amounts probably know more than we do about what's coming. if i see buy action like that, my instinct is "hodl, for all the love of everything natural!!!"
okay, east coast is no longer screwing with us. it's going up.
just buy and hold apes
if this pattern holds, we'll see support around 65
all depends on europe.
alright sitting on 200 million let us go!
we're gunna flip doge again in a few hours
it was looking pretty good before i went to bed and it is been downhill all day
same here coinbase s#
that's mainly due to volume, though. when you look at the behavior, it is what happened when australia and canada dropped a decimal. everybody freaked out.
why did it add another 1.5 trillion thooo
it will most likely hit 0.01, as shytoshi already has a plan in place for that.
at that point, i'
i'd probably invest in more. :d
i'd be thrilled with .01 or .02
watching the amount of movement on this coin as of late makes me want to kick a puppy.
where is a good place to see the chart? it’s annoying to fire up coinbase pro each time.
no, its over. looks like suicide again for me.
robinhood list it yet?
anyone giving out free shiba??
do not you just love the salt of people who missed out or sold early, lifes good.
i’m gonna throw another
what is gonna happen rise above sailor moon ? did i juy now
in a week you will be wishing you bought this dip
does anyone know why you can’t withdraw funds from bitmart if you live in new york?
ok will do thank you
we need to start a fake rivalry between doge and shiba
those coinbase free coins are doing well lmao
and no matter how many emails i send they won’t let me dd right into my wallet
only 55m wish i could do more
coinbase has me on a 100 a week limit because i cannot link my bank account
can it make it to a penny?
i think what you guys are forgetting is that half the supply got burned by ethereum‘s cofounder and then another 40% is sealed away as a reserve for an exchange. pair that with future plans to burn and things are actually looking good
hope it shoot up like baby floki billionaire. we will make a new name godzillazillionaire lol
at .66-68 support are we looking at eating another 0
just jumped over dodge coin
0.4% increase live for shiba
i got 500 million
im thinking .000104 is are highest before another correction
i just think it woulda crashed hard if this was indeed the crash
so i think we have 1 potenially 2 more runs
holding 12 million all the way up 🚀🥲
what are your guys thoughts on the shib longs?
what are the chances this little baby will make it to .00009? i'm not feeling so confident right now and need some reassurance
everyone buy ’s crank this up 👍😍🙌🙌🚀
just went in 100$
guys i want to tank for the awards! appreciate it ❤️
man... hope is not a strategy but saying hopeful that it will jump
i bit the bullet and put another 125 in
what is this i hear about samo coin? apparently it went up this week too,more than shib and dodge combined 👀
it’s midnight and dying at 65 but gonna drop a zero by 3am. sure thing
i think that was a good practice run on shiba volume
coin base locked me from buying or selling
bought 2 weeks ago and still up hella. don’t be thiscouraged by a temporary correction
it seems we are back on track 👯 where are my hodl fellas
that’s a tall order!
do you think robinhood will eat one zero? i know shib can eat a zero on its own, and when robinhood comes it will be a total of 2 zeros
gemini petition is over 11000 signed. let's get this number pumped up!!! sign and share...we need shib everywhere!!!!
i just bought another 🚀🙌
we just need to stay strong and don’t let the panic come 🚀
no panic... simple dont look at it... hold it for a few month. thats what i will do... even at next ath i will restst to sell and hold my shibus... there will be another ath after that ;-)
let’s get it 🚀 🌝
i'll drop another 500 if it drops dramatically
amc probably will accept shiba? 👀😮
i got in oct 3rd up almost 500%
well... this was fun
is this the end 👀
i highly doubt this will be the case. the dips are still too deep to make a prediction like this.
honest question, do y’all think the market will crash like back in 2008 because of biden?
u cant be scare or losing 1k when you did 10k in the last 🚀
tbh i dont want it to hit another zero tonight because i want to buy
well the hype has ended ppl are gonna dump , please don’t lol
penis19 is a hater a d mad he did not buy at the beginning.
so if shiba does go through the roof, how do you actually convert that to cash? 🤔
100? boy get 300
absolutely, buy next dip
it just a beginning of the rally. first round.
never is to late!
good now i can buy the load in the morning
noice! i’m almost there myself. transferred everything i had to shiba last friday, looks like just in time
me too any other crypto that i lost interest in i converted to shib
no negativity allowed here haha
better touch wood now
it was a small and quick release, we are talking about dropping another 0 soon🤭
my 2 brothers and i are in on baby doge coin
pulled all of my doge out of rh and dumped it all into shiba
just sold some of mine for shib
i’m thinking you’re right on the 0.007 call if it is following doge and i was looking at the charts it appears to be so far so i’m calling for at least an .007 perhaps even an .008 by december’s end ~ but this is just my opinion and not financial advice!
doest anyone knoweth wherefore the circulating suppy wenteth up to 549 trillion. t wast 395. thats “no bueno” *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
crypto.com is easier plus you can stake
i’m using binance and never crashed like some apps before when it hitted .00009
590+ whats been burned would be over the cap of 1 quadrillion. i imagine the truth is somewhere between 395 trillion and the 590 trillion
i was about to say the same
this. this is the best thing we can do to help keep from crashing. build big support lines around 7-8
robinhood will either want to finish q4 of 2021 strong or start q1 of 2022 strong.
11 mill wouldn’t buy nearly the supply that robinhood would need
do not feel bad, i contemplated selling my rhd miata drift car today to buy shib but i cant do it 😂😂
it’s saying 590 trillion now. how can they just add coins on us?
can i subscribe for daily mail
dw it’s time to buy new shibs
by godly meaning what
they did not, coinbase error. check it on coinstats
their cap is 1 trillion
stop being a whiny bitch
because they selling to get in
you trying to share?👀😤 trying to pay off this degree
tomorrow morning you will see your gains babe
would you look at that, all of the words in your comment are in alphabetical order. i have checked 326,198,100 comments, and only 72,274 of them were in alphabetical order.
it will become something if you keep holding!
can’t avoid checking every 30 secs lol
exactly, i thought they been burning like crazy
it said 395 earlier today now 590
but that is on coinbase, who show the price lower than crypto.com
exactly! many are getting 🤑
always… don’t worry you’re in!!!
you dropped this *hands crown*
if you feel unsafe go with 100 you will be fine
and keep and eye to the dip and jump in!
if it were me, buy a , do the coinbase lessons for the free money, convert to shib, live frugal till job, if you need money dip into your profits, if not and you get a job then add to it
lol let’s go dolphins
ideally you hold, i’ve been in the sketchy range today where my position was jumping ’m holding strong because i want this to be life changing for me.
many at 0.1 range lol
almost there with ya
depends where you living i assume
buy before hit 8 because it’s eating another 0 soon
for listing on robinhood
yea ik but he had a big part of its growth doge wasn’t anymore near .23 cents
good 👍🏼, help to pay our parents mortgage. 😜🚀👍🏼💎
coins in circulation 590
trust wallet>bnb smart chain>pancake swap> convert bnb smart chain to baby doge > watch reflections <3
why you say that
i would wait a des hours
i don’t has't many expenses even but now but i eke don’t wanteth to loseth wage *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
buy and hodl trooper
pretty sure i need an id for that though
i need a step by step please
idk rn it’s saying a swap of ~
nice jog i got it at 0.000098
true true, i’m going to hold all the way through, i’m not missing this opportunity.
time to buy more! 😂
sleep tight, do not let the shibas bite
bc we also made history w wallstreet bets and we have extra money now
yes people let us focus, come back if you feeling panicky...we got this going to who knows. top analysis could see this going harder than anything they have seen
nope just buy more at .60s
noooo you are still early my friend. welcome and hodl, the goal is longevity
crypto fluxes up and down, you have not lost anything until you sell!
do not do it you coward
havent lost if you don’t sell.
damn that is s good diet. you should market it. losing 300 pounds in 3 hours.
fak! yes it is .30
oh definitely not anytime soon.
you cannot predict the future young one
i could be wrong but i'm pretty sure the app you buy the crypto off of has its own supply.
as much as i would spend on a drunk weekend on the town buying dumb shit.
if 't be true there’s any whales in hither thee tryna bless the peat?! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
in that case i need some too lol
stop being a penis.
they wanna scare people into selling
this is pocket change. you need to thing bigger
that’s what i’m doing. i’m not buying shit but shib these days
lmao is that a nsync reference perhaps?
that shows your age. not mad js
what’s happening in 20 that’s so big?
just what i need for 2m haha can’t wait till next paycheck to get more shibs
shieeet i die 😆
yeah no thanks... look what happened to the ghostbusters when they did that!
it’s a crash 💥
yes. this is the way.
it's better than trappin' feet pics on onlyfans
hoping for that 6 to buy 🙏
clotpole who is't did sell just hold and alloweth's burn a 0 ere rh listing *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
lets do it! go down bb!
u think the ath will come soon based off the knowledge you have or you'd say it will tank bad then reblund
hey! i appreciate your comment. but dog went from like .07 to .7 thats still a huge spike that i don’t think shib has done before. do you think shib will hit a similar insane spike like that soon?
i cullionly coequal if 't be true t gets to 1 cent, (probably not lief) people shall selleth ere then anyways, they are impatient *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
of course is just to keep their holders
yea i snatched up another . at 59 or so.
they have a cap of 1 quadrillion
would be fucken amazing
fak yeah! big dawg
i’m not too sure but what i’ve learned from today they send coins to wallet that destroys which makes less coins available and increase the value of overall coin. i’m assuming i’m not too sure still learning as well lol
oh wow you’re right. i didn’t see that until you said it
with a 32b mc, is there any chance of everyone just dumping their holdings fast, or is this being manipulated by a group of people with large holding.
everyone needeth to learneth to inurn 1000 chinks the present day everyday *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
a little thisappointed because i saw a 9 when i went to sleep, but the 0 drop is going to happen
voyager sacked to when it hit ath. not by chance these crypto exchanges got their own inside game.
yea i did the same thing i did not think it would dip again ike that but i think it will keep goin up
every small dip is a good time to buy
that be ugly coin lol
from .00008 to .0001
making the price go up
shib and safe moon
not how it works bud
i just bought shiba of 1500 eur
this is exactly what i mean! wish you luck bud!
i would say the opposite. means it is consolidating. if it finds a new support level then the next pump will drive us way up
look at the week, month and year day and hour are rhetorical! unless you’re day trading!
id buy shib... its getting a lot of support and backing right now
nobody is sad here
maybe some major changes come this weekend 🤔
maybe getting ready to be listed at rh 🤔
he gonna miss the ride to the moon
he sounds like a fucking moron
yeah, too early imo?
famous words by captain kirrahe, then virmire exploded just as shiba will!😎🔥 the reaper bears will lose this coin!
what a lovely number lol
shouldst t beest valorous to buyeth moo shiba 'r not *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
don’t stress just buy more! the dip is only a small inconvenience from what we building 🚀
dont fret, it will go up ten times that
70s maybe, let see what happen this weekend until then, buy more! 👯
i’m hoping so. i’m holding but honestly i’m thinking of selling and buying more at a lower price but i’m not 100% sure because i’d hate to miss out on a bull run.
mostly apps have! just need to check where they are
it’ll blow up once it does. there is a petitions and 300k out of 500k have signed it
he means 0.000 like
always a good time bud. dropped a little, go for the gusto👌🏼🥃
i bought on the dip!
it is impossible to hit 's money invested in this coin
just do it! do it!
cryptowatch is the best
doest anyone knoweth wherefore thee can’t withdraw funds from bitmart if 't be true thee liveth in new york? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
lmao shakespeare bot is an asshole. but anyways, it’s probably to do with the gas fees. check your states policy on crypto
i’m told that realistically it cannot make it pay 0.001 and even that is a stretch unless we could have another massive burn.
it’s so low but not too low makes sense. especially because everyone had big gains in other coins they likely traded causing this dip
it will probably this weekend
nop is just the beginning so hold it tight!
why you trippin this aint don lemon show
i can’t believe they let us watch that when we were kids lmao
the hype just getting started 😈
if you're on a platform that allows you to swap or trade different coins, find one with more liquidity and exchange your shiba for that one. then just sell your newly acquired coins.
smart man. people who wanted to buy in , buy now!
i love btc and eth and a few other projects but they will still be there when this shit settles down. the goal is to bag enough to buy 1 btc.
that is the doge killer attitude!
you’re way nicer to it than i am! i would think next few days or a week is being generous. it’s built to follow doges path faster than the doge itself. doge did it’s two ath back in april within like 2 weeks orob not even that long. and boy when it finally dropped my profits dwindled fast. but ya know it found support at a level where i still made a 700% return on my initial investment so i wasn’t salty at all. i am salty about not getting on the shib train sooner but i’m not personally buying a lot more if at all until i see a real break from trends. as you said not financial advice i’m no pro just don’t wanna see people caught with their pants down. don’t let money and greed keep you from seeing the bigger picture and happy trading 👌🏻
that is about what i was thinking. more like .005
yeah bro. it’s hard to keep building out a car when you learn how to make money investing.
idk i mean if you cannot afford to lose your initial investment then that decision is up to you. but i would hold. it's too popular right now to just tank in my opinion. everyone is learning about it if people did not already know about it.
lmao today's chart is hilarious. looks like a fat bitch was jumping and it recorded it on the richter scale
sharing the post babe sharing the post lol.
did the coinbase lessons and converted straight to ship two days ago. started with . best choice ever. have over 20m in crypto.com. couldn’t be happier.
that he will keep stacking till reach 1btc
i think only one doge will survive
where are you at in the process?
yeahh screw that id look up whens the cheapest time for ether gas fees
basically calling someone out for not holding their crypto and selling as soon as there is a minor dip or slight negative issue.
yea i wasn’t old enough to trade for that unfortunately so i have nothing
facts. it's one of the top ten cryptos. it went up a shit load today. it's a lot damn higher than it was a week ago. and it is still cheap as hell. hold
hell noone thought it would get to 0.00009 today
you’re right bro. i’m waiting for the big numbers. i’m constantly monitoring what i can afford and buying whenever i can
you know it lol
age is a number son. get some
yeah i sold my doges and the busd was supposed to be send to my wallet and well the rest is history 😂🤦🏻‍♂️😅😅
i have no knowledge lol idk wth i’m doing tbh. but it was worth the google haha no to be completely transparent idk what’s going to happen. if i had to guess a big tank wil be either right before or right after it’s listing on robinhood. dogecoin tanked with coinbase… and robinhood can lick my butthole it sucks and yes that is financial advice. lol. hood cost me . hoods been steady bending us over and screwing us with the long arms of the elite
shit if it does .07 i move to japan
yea but isn’t the circulating supply supposed to go down for profit
i think it will today as well
me liky price go up
bought back in now and definitely holding this time
aye see you’ve done your research!
yessir already on that, imma make profit off this coin tho and when it shows signs of a bigger floor imma buy a grip to hodl. does that sound like a good idea?
just asking, somebody was telling me this and i told them nah so i’m just asking you guys the same question
fucken hope so brother fu ken hope so we were so close to .00009
i'd say .007 is too late but then even if you bout at 1¢ this is the dogecoin killer baby. never too late as long as doge is trading for a higher price
i like that, “happy trading”~ quirky you too man thanks
alright white hammer, we shall see
lmao that’s fucked up lol
omggg i did the same except for the second part. i dont have any in crypto.com
awesome! i had my girlfriend put in 20 bucks and do the lessons and she is up over
in case if shib will listed on robinhood
i have all my shib on cyrpo but with todays app crush i want to put it somewhere safer
it's the truth though dude. why not spend some pocket change here and there to make you some money instead of blowing it on beer and bitches?
price just jumped massively. never buy and sell the shibs. goal is longevity.i’ve been jumping 3-500. just buy and hold
respect. i thought of making the reference earlier.
it is my friend. i thought i was the obly person who remember that. lol.
aye that’s what’s up!
reddit expert level here. read some shit on the internet, did not understand it, repeated it here to sound smart.
tell me i'm wrong lmao
funny tho. you can just imagine some fat cow eating a fried chicken drumstick jumping up and down.
ooo lmao well the site you quoted was spot on
i literally just ate one 😂
what what what what whut? 😮
don’t know, you say what to me then i say what what? then dunno what happened 😔
my wife told me i’m not allowed to sell until we either have 0 or 6 figures
i've held gme from december to now...this is cake
held and picked up 30 mil!!!!
99 million shib bro, you need to hit the 100 million mark to eat that zero, it changes your perspective
diamond hands here!! making some gains now cus i bought the dip!!
yesterday i had 555,952,296.366005 shib. today i have 701,935,627.3231984 shib. so i held about added about 4k during the dip!
diamond hands here! me and friends buying and will buy more!!!
just transferred out of crypto.com and took my profits from . fuck me but at least it’s out of that shit
first time buyer so i’m holding and buying til a good positive
not selling till i can buy my mom a bentley because i felt good on a tuesday
held through the dip? i bought more during the dip
held and put down another !
bought some more while it went on sale 😎
cup with handle? lol jk i know it’s not long enough that’s what she said.
i held, i bought, i'm still holding and buying
i bought another 12.000.000 shibs before the dip and holding
dip... you know nothing john snow
i'm holding until it pays to sell. going jupiter
when i asked my wife. ‘she said i don’t want anything to do with it!’ haha
i bought through the dip…
bought the dip over the summer and i’m glad i did. my only regret is that i didn’t buy more.
i’m mad that i didn’t buy more. i almost did.
dip? that wasn’t a dip lol delusions i tell you.
i sold and made more 🤷‍♂️
10.4m shares and holding till minimum 25 cents
yeah, i bought some more haha. went from 11 mil. to 34 mil. be interesting to see what happens when this gets to a penny haha
been holding since .000005 i will hold my 2,000,000,000 till hell freezes over
not this guy! sold 11mil, i think that was the cause of the uptick! not gonna buy more for now as that would begin another dip, 100%
💎 👏 🙌 👏
held and bought more
held and bought another 20m shib.
holding through all of the dips!!
held since sunday and hodl !!!
i bought more on the dip.
👋👋 i bought when they were almost new snd haven’t done any selling, only buying more on the dips lol
you mean the sale 😎
i bought more like a good soldier in the shiba army.
holding tight!!! tempted but we rode the dip!
quadrupled my position 235m
this was not a dip, i think it was a nice moment to buy. sold my ethereum and bought shiba!
not only held but brought more
been holding since tuesday, 6am. 150m shiba. m’lady bought the top last night after i finally told her how well i was doing and she is still holding as well. i’m not even watching it anymore now that the pattern looks so promising
i'm holding a hell of a lot more than that and i never even considered selling. we're gonna lose another zero when it shows up on robinhood and that is in the very near future. hold on tight boys. in 3 months the money will be a whole more
i always hold. i’m here for the long run
i bought during the dip
holding all the way...
not only held but bought a shitload more...me ape, me strong
wasn’t much of a dip lol
in my experience when i try to bail on a dip, 99% of the time the price will start skyrocketing literally minues after. fool me once, shame on me. fool me twice, uhh, you cannot get fooled again.
me cuz i’m not a little bitch
gonna wait til the dip at about 12-1am pst and put in another
anyone else here surf or used to surf? if so then you know what comes after that dip on a surfable day.
i'm hodling for life i will die owning shib!
dimond hands here yo!
fuck you... i am not selling shit
we're always in the dip...so i keep buying
hodl for two years
let's ride this train...
me i want to buy more. am i being greedy
i sold at the downtrend and then bought back with more shares and riding it back up.
i'm just never selling period. by the time this makes me a millionaire itll already be usable everywhere lol. fuck diamond hands. go diamond brain bro. shiba for life.
i kept my shibis too. that was a good choice.
held thru the dip😎
i bought more. 43m now. no intention to flip.
ended up gaining 1000000 during the dip
we should hold til 1 penny
i sold and bought again then bought more
i’m holding until my target price.
i’m taking this puppy to the galaxy edge
my wife brought me 7000000 for my birthday today for . did she do well.
bought more all day
cashed out some profits- small, but so thankful!!!
if shib adds 5 more 0s, i’m still holding.
holding till at least .006
which one? guess i’m a shibdipvet
i did! wish i had more to invest but a couple hundred is decent i guess.
ngl i exploited the dip for 6mil more coins
should be everyone on here!
i did not. i sold out 0.0000335, bought back at 0.00002320
what are the odds shiba gets on robinhood
i bought some more in the dip and the next day i’m in the money 💰
so many paper handed bitches
held it and bought more at 3300... hold ths shib!
still all of in.
both at previous ath , kept buying the sips to dca, and now cheering as it has worked out. mate paperhanded and sold, bummer i keep telling him about the shib
💯 and feeling good 👍. burning on and a lot of very good news coming
holding a humble 3.3 million
marketwatch and all the news and all the older generation are scratching there heads going but it was just musk's tweet ... i bought before the tweet .
moneygram cardano made a deal going to go up to 12
i ain't selling for a lil 4k chump change!!😤🤲🏻💎
it was tough to hold but i did, very easy to sell when your 10000% up. but i’m in this for wealth money, not rent money.
hold and bought more!
holding is the only way to go for 5 or 10 years. selling early is a fools errand since you're going to have to pay taxes on it and its not high enough yet.
do you know where to buy ryoshi coin? and how?
is anyone selling the highs and buying the dips? or is that loco??
bought 59 million shib! let’s take this to ! 🚀🌜✨
not only did i hold but i bought bought bought. i am still buying and will continue to do so until another zero is shredded. then i will chill and just hold...
yesterday was a dip?!? bought at that right time
anything to do is hodl and buy more 🤪
meeker, i bought another mil on friday 3pm
not only held but bought a bunch more
held through all the dips lol 😂
why cant i buy or sell shib on my coinbase pro or regular coinbase account? does it have to do with me being in ny?
funny you call that a dip🤣
hell no i sold at 3200 and rebought back in 😎😎
held of course. 10 million coins here.
i bought 3000 sold 2500 and bought at 2800 again. i think i’m right here?
i held and bought more
buy buy buy thats what the mf dip is for!
that's the stupid shit i've ever heard. this is not going to blow up over night lmao sell when it is high...buy again when it is low. make money.
man i’ve got 101 million of these damn things and i spent like . yeah, think i can safely hold for….ever.
still holding. i know it will do more
not just held but bought more!
i'm holding for 100 years. then when i'm 129 i'll enjoy my riches
i sold at the peak and bought again at the dip. i don’t know what i’m doing but regret nothing
i been holding an adding, i'm not going to sell an throw a chance away. the dips just weed out the one's who cannot handle the rollercoaster rides. when you get into something like this you have to realize it could take a few years or so an then one day you look an it is up an the next you might be lower then when you bought but then one day your worth millions. you cannot let other's get to you because people will say your wasting your time or it will never hit but those are people that would not hold long enough to make any real money off anything unless they are lucky. good luck to you an all of shib holders, hope to see you all at the top an as millionaires at a shib convention.
i did brave and strong 💪🏾
not selling till over 10cents!!!!
i bought through the dip😂
usually people tent to sell when it drops, sell losing cause they get nervous when drops, sometimes drops and keeps going down for a few days, and then goes up and rebuy over the price they sold, paying more thinking the price would go higher and loose opportunity, buy to hold for years and you’ll make money.
that's a good woman right there. lol...
take your wife out on a good date this weekend. you landed a good one.
she is a keeper
you one lucky investor!
sounds like her boyfriend taught her well ;)
that's what mine said too. that's what is a strategy that she is doing with our doge. we both got into doge before it was half a cent. i used my doge to buy shib and we are now competing to see who gets rich or goes poor first...lol
wow man. i wish i had one of those good ones. you soo lucky. enjoy
was that your wife or her boyfriend’s advice?
she’s a keeper. 👍
can i marry her too?
who the hell sells at 0? might as well hold till the end of time. who to say that the universe and all that is in it is not a byproduct of an universe that collapsed in itself then went bang creating a new, better, stronger one. who knows what happens next? hodl mofos!
yep ! she is right! got- a-hold!
just bought 10mil more so i’m there now!
i agree. a billion coins pretty much guarantees you to get a million in fiat. the more zeros in front of that decimal the less you need to knock off behind it.
if you're holding 10 million coin right now and it hits a cent you will be making ,000
i would be a happy camper if it hit .005
i want life changing money i need it to hit 5 or 10pence obviously in years to come...
thank you, minor fluctuation
thats where i have mine at. why did you switch over? just curious...
i switched out of that garbage app yesterday too. i got robinhood flashbacks when i was unable to buy or sell for a few hours. i could not even log into my account to see my balance for a good chunk of time too. i suggest anyone still in there to move as well, do not get caught being unable to make moves when volume spikes.
yeah that platform is a trap
i bought before the dip. 35 hodler here
at which hour i hath asked mine own jointress. ‘she hath said i don’t wanteth aught to doth with t!’ haha *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
**this word(dip) has a few different meanings.** more details here: < *this comment was left automatically (by a bot). if i do not get this right, do not get mad at me, i'm still learning!* [^(opt out)]( ^() [^(report)]( ^() [^(github)](
it’s the other way around. when you buy you cause an uptick when you sell you cause a dip
i didst not. i did sell out 0. 0000335, hath bought back at 0. 00002320 *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
doth thee knoweth whither to buyeth ryoshi coin? and how? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i think so too lol. we budget our money between certain things and investing is part of it. and part of the mo yes we invest will will gamble with it on coins that are either going to make us a lot of money or give us a goose egg. either way we only use a small part of our investment funds on it.
got something big planned next weekend it’s her birthday then next march we going to belize be nice if we were millionaires by then lol
i’m one lucky man in general
alright, you from gme
lol that is probably true
i have been enjoying it for 15 years now. i’ll never release this catch.
i will never know but i like it.
feel free to repost everywhere, make it a meme if you want!
i think being married more then once is illegal in the states
top man, nice one!
cause the fees are painful
you’re saying to move out of crypto.com?? why?
when you try to move to coinbase like me you pay 1.5 mil shib to get into the crypto.com defi wallet then i paid like
not with my luck and experience it isn’t
sounds like it is gonna pay off for y'all.
you're already a millionaire: a shiba inu millionaire!
ha, no. i'm a shib, saitama, aidi and ada holder
have you heard anything about this gme coin coming out?
at 73 mil! so close!!
i’m also on crypto, anyone have a better suggestion? i’m just in holding pattern right now, so i’m not aware of the fees i’ve only ever purchased shib on crypto?
i have it there as well. if you get their debit card you avoid a lot of the fees if you withdraw the money from atms using their card. i’ve been looking into it cause that’s a huge chunk of change to lose. like almost 40%. was that to change to fiat and withdraw to an account? that’s scary. what if you did make like forty grand. you would only get like 28k after fees? thanks for sharing this. i have most of my assets on that exchange. i need to look into it.
what's the process of getting it to coinbase?
i'm in the same situation as you. i started to buy on coinbase pro when it became available.
i do voyager because it lets me do a “limit order” and set a price i want to buy at. it has fees too but at least i can set my own price. plus they offer 2% interest on shib without staking for 3 months.
coinbase is very smooth and i recommend it
if you have a crypto.com wallet and coinbase you need the crypto.com defi wallet and from there you can send to coinbase with a fee
i like the layout of cb app but holy shit is the pin screen laggy and awful on my phone. using pro is much better.
fuck .01, i want .50
i’m definitely holding at least until then, and even then i’ll hold most of my coins. i only have 4.6mil, i’m hoping we go high enough that i can use it to invest properly in other coins and quit my shitty job 🙏
most of the people selling rt now will be buying back in. same thing happened with doge when it went parabolic earlier this year.
i am totally in…
this guy right here
see y’all on the moon 🤝
i’ve got over 32,000,000 at $.01 i can pay off my mortgage and have a decent amount left to reinvest. i was almost homeless after the last financial crisis. took me over a decade to recover. we can all walk away in great financial positions if we all just hold.
i lol at this post. this is asking people to sell right before 0.01. remember that it is not you vs the market, it is everyone vs everyone. please remember that human nature will see that the price drops right before we hit 0.01.
done, sign me up.
i'm not selling even if it hits 1 cent. ideally my exit would be between the 10 cent to dollar range. balance: 698,412,741.018346 shib (,884.13) sell at. profit .10 ,836,034.61 .25 ,597,945.76 .50 ,201,131.02 .75 ,804,316.27 .00 ,407,501.53
2030 i am holding up
diamond hands! to the moon! hodl! i've only been a member of the shib army for a few months but i think i'm picking up the lingo!
……... i’m not f!!
hell yeah, hodl all the way 🚀
i'm waiting till .05 and staked mine till then
i’ll sign that shit! also all you need people need is to chill tf out and stop watching the board for a little bit…
you had me at r
depends on how much we burning to be honest. my happy number is .001. after that i'm diversifying the profits, unless i'm really confident it can hit .01
hold? i'm not even done buying yet.
but meanwhile… everybody is selling
howling at the moon until .01
done put me on that list 🤲🏽 💎 s
sure. it's not life changing for me til that point anyway.
not gonna think about selling until .10!
.01 my ass... .10 maybe
why are so many of you willing to part so early? look at the history of bit or doge. they took time. just hodl. seriously, wait a few years if you can manage to see dips and rips.
100 m and didn’t blink and bought another 50m on last dip 🚀💰
i’m tryna be financially free. we all deserve to be.
if we can go ahead and just hold til it gets like doge i will be fine with that😂😂😂
not selling until .10
.01 or bust fellas i’ll put my signature all over it. 8.4 million and tempted to buy more during this dip. hodl to the moon
i'll jump on this. need .01 to pay off debt and set up some passive income.
10 billion not selling
hodling until at least .01$!!!!
ive got 20milliom im not selling til minimum .01
i’ll wait until it hits .01
i am holding! 💎👋
shiba .needs mass adoption ... then numbers will go nuts
i plan to hold for 5 years. wherever it’s at then, i’ll then sell some to buy a house and travel with. :)
hold and buy low
i will...paper hand are killing shiba again...people stop selling it would go up up and up...but no they made a few th or tens of thousands and pull out instead of waiting for a penny...so sick
i am not selling, 174 million shiba gonna sit on it forever.
i’m holding until it reaches .10
why settle for .01¢ let’s shoot for .10¢
price is dropping. too many people selling out.
yep me too, why not hold til at least then? buy more if you can.
0.01 all the way
i had many rollercoasters with shib over the past few months but still here. so you know damn well these hands would not let go.
i’m in, not selling till .01 cent
i definitely will not sell. i am holding past 0.01.
idk if i’d sell even at that but yes you have my promise
it was a pump and dump lol
i promise to keep buying it and sell nothing!
first withdrawal at 1 cent.
ppl buying, ppl selling, ppl hodling. don’t matter. community coins are the future for freedom of choice and self control. i say stick to shib, enough for the world to go ‘round, and maybe even enough to make it to the 🚀moon
i da pappy!!! lol
in may this year, “ethereum co-founder vitalik buterin has burned 90% of his shiba inu coin (shib) holdings, an amount worth .7 billion. the trove of more than 410 trillion tokens was sent to a dead blockchain address late on sunday, taking them out of circulation.”
shiba reached in top rank, little push it will be in top shib have a potential to grow hodl strong for at least 1-3 year
i vow to not sell before .01 i have staked my shib for earnings 300 million shib !!!!!!! let’s go!!!
i invested my last .25 cents and sold made enough for a few big mac meals
0.1 cent no fucking doubt fellas
ronny gregory - that’s me
i have to be honest, i cannot make that promise. i can however promise not to sell definitely before it hits .007 (if it ever does). best i can do. student loans and family you know.
i will keep it until it gets to 1$
holding 35 million for my brothers, i graduate in 2023 this bad boy is going to pay off my student loans 🤝
why .01 cents? i’m sure once we hit .01 cents it’ll be easier to hit .02 .03 etc. buying pressure will be stronger. i’m hoping for at least .10 cents 🙏🏻
gimma that 1 dollah bro
has anyone here ever hear of the term "market cap" and what it means?
for shib to reach 0.01 it would need to be worth 5 times the value of bitcoin. it's not gonna happen.
i agree, hold on😎
i don’t want to shit on anyone here, but i also don’t want you to have false hope. in order for shib to reach .01, it would have to increase 400 fold. that would make all shib added together (market cap) worth about 4 trillion dollars. right now, bitcoin’s market cap is about 1 trillion, and ethereum’s is around 400 billion. that means that in order to reach your investment goal. shib would have to be worth 3x as much as bitcoin and ethereum added together. but that’s not all - shib’s max supply is 1 quadrillion coins, which is 2.5x how many are currently in circulation. so, if the market cap stays the same, your coins will be worth 2.5 times less than they are now. at max supply, shib would have to be worth 7.5 times as much as bitcoin and ethereum together. this isn’t going to happen. shib will never reach .01 please, research what “market cap” is and how it relates to crypto, then tell your friends. sell your shib while it’s still worth something.
should i turn my bit coin into shiba? i dont have alot of bitcoin so im not pressed about letting it go, especially if so many others agree that this is a solid play!
screw the pumpers and dumpers!
just sold with 100% profit to get finally rid of this useless coin…
yiss here is mine you cannot see it but it looks like a racecar which is cool
we’ll all see those good gains so hold
sign me in all caps
count me in holding 112 million
it's not going to a cent, get over it.
bought at .00003 just before the bull rush should have happen, but paper hands had to ruin it for everyone. i am not selling though.
fine i’ll come to this post whenever i get nervous about my holdings (only 10 mil is all can invest in it) (college moment) someone better tell me to not sell and stop being a paper handed bitch. -goatzn
*rick and morty finger gun meme* son of a bitch i’m in
keep holding, earn more than the interest in the bank regardless. this is why the banks are trying to block it. banks are running dry because everyone is moving to cryptos.
not selling until 30 cents !!
i only have 120,000,000 i’m not counting on any of that money until it reaches 0.1 cent plus it’s stupid to sell now it’s not worth it.
now i understand if your in the billions but not in the millions
what the fuck are these pennies gonna do for me? hold it down if you want it
i need more than .01 to take care of me, my family, and my future family, so yes. i already have my pen ready.
ysys7 🙏🏽 🚀 🙏🏽
chain me to the wall!
.01? daaaamn... might as well. -doh_gator
signed and secured, chief
hodling 26 mill since september 🚀🚀🚀🚀
i'll hold until i'm comfortably rich - not going to settle for a couple thousand in profit
pretty sure you mean .10 ;) but it’s alright. im hodling past .01 💎🙌
i don’t know i hope to have balls of steele i have 908 million now bought 5k more on the dip earlier
for those who want to put their signature, in these, we have now launched the nft on shiba inu with the phrase "i told you: shiba at 1 cent"! come to the post and write your opensea address and you will receive the nft shiba inu as a gift! we also make our community grow in the nft world!
yooo it is me let me in and i'm last one out!
got 55mil and holding!
am down with that fuk those paperhanded bitches!!!!
i'm on hodl 73m
not only am i hodling, im buying more every check. tomorrow ill probably add another 10 mil.
fuck yea, signed, sealed, delivered! 0.01 minimum. just told 2 others, they already put skin in the game
i would not put it all on dollar amount but i'm holding to at least .01 or 3-5yrs.
i’m would like to hold forever and pass down to my one and only son 🤞🏾
i turn 62 in 2032. sooo ill cash out then! butt...if i see its over .
holding for life never selling i want shiba to be my bank plus fk capital gainz tax and gas fees
that’s my plan at least .01
i will not sell my 40 million shibu until 1 cent
here! 95m on my books
im playing with house money anyways... so i dont have any desire to sell anything anytime soon.
just brought another £50 💪🏼💪🏼💪🏼
i’m never selling stake for life
i, an aspiring voice actor and general nuisance to the universe at large, sign with my left hand: "b00bs"
so happy to get so early and holding to the moon🙌🙌🙌
i promise i’m not selling until over .01. we didn’t come this far not to win!
not selling until .0123456789
anyone in new york able to find am easy way to get in? trying to get my brother involved. if not i'll just get .
.01 or bust i’m not selling , i can’t actually it’s all staked at this moment .
holding all the way 28 mill shib as it stands going for 100 mil and i’ll holddddddd
i will not sell
that was alway my plan the moment i bought into shib back in june and have been holding ever since.
i will sell at whichever comes first: .5, or we remain at .01 for a month. that being said, everyone's situation is different and can change. much love to those who can hold, much love and no shame on those who need to exit. enjoy the ride.
why would anybody sell at this point is beyond me, supposedly going to .03
financial dreams should be reality based.
we got to find a way to pay the national debt anyway. if we make as much money as we are hoping to, we can pay the countries debt and all people who helped will be able to collect taxes the rest of our lives. we will be the new 1% the top family of the world
bruhhhh...this means the market cap for shiba would need to be 10 trillion dollars. it's not realistic. maybe 1% of .01 is more realistic.
i'll only pull enough for a weekend getaway for me and the wife at .01 .05 i get enough of a passive income to never work again
shiba to the moon let’s go
hodling for sure 🥳🥳
i'm in. 0.01 would give me £13k. that would easily clear all my debts.
i scuddy will not sell till 1 cent.
i’m not selling until i’ve made at least 5 grand profit
duh. heres my mark for you though
i honestly do not plan to sell until it is closer to , so i'm definitely still going to have my 9.3m at .01
holding. not for sale!!
i’m in it for the ride!
bought 12,000,000 today at 0.000027, now at 42,000,000 shibs. ready for the moon
60 million shib. i’m not fucking leaving
5yrs we'll see but if not 8 years is when i decide to stay til 10 yrs or cash out!!! there still time for now just keep buying whenever you feel like buying
i need at least 1. i think this is possible. 1, would be a very heavy impact.
i'll sell it on 0.001
only a few gonna stand tall in the red and here i am
lol you guys keep holding i will keep on buying and selling like the whales do and getting my profit while everyone else is waiting on a fantasy
just bought 10 mil
shib homies, i’m in for life. 10.725 mill
i’ll sell at .001 to be honest
why sell at .01? in my opinion some people regret it when they sold doge at .01. i guarantee you most of the quick sellers are regretting it now. remember not to long ago doge was less than a penny…patience is key.
i’ll be more wealthy than i could possibly need at .01…. i’ll take that
holding till 0.1 buddy
i will not sell. it’s going lower and lower right now though.
sold! you drive a hard bargain.
i currently own over 12 million shiba coin. i wouldn’t even consider selling unless it hit .01. even then, i’ll probably still hold on.
count me on bubba. let's send this dog to the moon
i'm trying to live off interest
im waiting for it to hit . eat my dust.
not selling before it hits .10
within the next 2 months i will have reached my goal of a 100,000,000.00 im looking forward to reaching .01 and more.
🎵relax...do not do it...when you wanna sell!🎵
i know 0.1 will never happen but i’m holding fuck it
.01c not selling until then! glta!!!
i have around 160 million. about 120 million of that i would not sell until it hits a penny.
cori was here. i'm not selling
i could only afford 2m shibs but im holding it till i can pay my mothers house!
if anyone understands how crypto works then they work, these dips are normal. i’m holding
it will be nice to see some more trillions burn of shib.
definitely intend to hold a decent amount for a very long time. would really appreciate anyone's analysis and. as a new comer i'd appreciate any and all materials to help further inform my current plans to hold.
just wanted to let everyone here know that i took some profits 🤑🤑
for perspective, at present: shiba has 395 trillions in circulation
i only know one direction ⬆️⬆️⬆️
i'd b fine with .01. bring it!
.50 at least or nothing... hodl
hold my beer where do i sign 🤑
i’ve read that robinhood wants to burn a trillion shib. wouldn’t that be nice? and set a domino effect!
lol, how many countries with have a lower mkt cap than shib if it reaches that high?
my expectations from the get go was 10 years or sooner, i m here for a space trek not a quick trip to the moon…... lets goooooo
i am fucking in
32+ mil what's the worst that can happen. hodl.
i'm in. let's do it
signed sealed delivered i’m yours
signed, but i’m waiting til
i put in 150. i’ll put more in after each paycheck
\-zebruhfy 10'm retired off shiba 😂
i’ll sign that contract. i buy more every dip.
price down but coins constant, remember long term invest
hello shibaarmy: how can we promote the usage of shiba inu as a medium of exchange? what must we do?
count me in bois
holding till the wheels fall off
i'm in. let's do this!
all the way baby!!!!!!!!!!
holding till at least .00
sorry im selling!!!!…my dogecoin 🙌
to the moon :)
i have my little target sells starting at 0.006231, 0.01, 0.05, 0.08, 0.10, and 0.15. i'll be well into 7 figures. i am not investing to let it sit until i die. if this coin takes the doge path, one day, i'm not losing out on a thing. so, i think 6 trips to the moon will be one hell of a ride.
i’m not selling until .01 cent, i have 391mm tokens. bought 2 months ago. staked for 6 months plan to restake when i’m done :)
signedddd. see you when we get to the moon beautiful and handsome people
i'm with you. 43mil
in for a penny, in for a pound !!!💎🙌🏻
in for a penny, in for a pound 💎🙌🏻
holding till 0.01 or even higher! been buying up the dips
lets fly to the moon!!! lets get to a solid peso!!
more like .001 that’s the real ceiling people with big holds can eat for sure.
think bigger, .01 is only a few hundred thousand, hold to 1, come on everyone, think bigger
count me in. i'm pretty broke and have a wife that "does not believe in investing". so i've used what little money i could scrape together from personal spending cash. i've got about 20mill shib. it's not much, but it is gonna help change my life
and keep in mind capital gains taxes take 40 percent, you lose almost half of what you gained. think big
1 cent is only 57000 minus 22,800 taxes is 34,000. hardly a years salary think bigger
.01 iv sold to early to many times 🙌🏽gonna lose it all or gain it all
im hodling for the long term. i dont care about the money i put in anyways. thats all drinking money combined for 3 months
i won’t i’m holding 🤙🏽🦫
10 cents is all i ask
i'm up 3000 holding until 3 mill. edit " at least 3 mill "
i’ll be damned if im gonna give up my millionaire status now. to the moon or the grave 🦾
i'd be good with 0.001
i’m pretty pumped that it was thisappointing to see it around .000024, up a solid 3x. hopefully the new baseline. let’s kick the tires and light the fires!
i'll hold for ya
i’ll sign holding until .01 lets gooo!
holding 42 million shiba and no reason to sell until im rich
mine might as well be sealed in concrete. if can’t pay off my house i’m not touching it. i have 21,000,000 coins
i’ve already set a limit order to sell my first 100,000,000 at .025
i’m holding till .01 and then probably only selling 25%.
i’ll sell at .009999995 right before all the .01 sellers.
i'm still a hodl after the downturn
signed - not selling til at least .00
i’m down i’ve got 100mill and .01 is my sell
i am only selling once i hit 30 (14months from now or later) a little deposit for a motorbike is the plan
.80 cents for me, or higher
i your dreams. grab a calculator and do some maths, not going to happen. i would be so happy to see it at 0.01 cause i own 1b but let’s be real, not going to happen at least for now. fuck doge, go shiba!!
promises. the dream of a democracy. very noble.
i might sell at 0.0069420
yes i’ll tattoo this shit. it’s going to doge price, fact. bring me some damn pizza i’m hungry for some cheddar
i'll hold for a lot longer than .01.
going to take some serious burning to get to .01……. the market cap at that level is just ridiculous. so, let’s just enjoy the ride up to eating another zero for now….
signed right here. for some of these paper handers, 100 is like what they make in a month sometimes. cannot blame them for doubling and packing up. let them go. more for us! i doubled down today, and converted all my other coin to shib. not selling until .01 see you at the lambo dealership
and keep in mind the diff between short term cap gains ( your normal income tax bracket) and long term cap gains tax bracket (which should be much lower). let’s hope for 0.01 by at least next october. i’ll happily walk away with my 15 million then.
nope. not until it hits
i’m not selling till .1
in it to win it! i will hodl and buy more!
i’ll be happy with .001. however, if it’s looking good and there is a reasonable shot at .01…i’ll hold.
i am in it to win it not giving up will hold till we see the golden goose lay its golden eggs. 💰💰💰🛡🙏👍
buy and hold baby, buy and hold. i have 12m and not lettin' go!
i can wait 4 years max, cause that is when my loan is paid off.
.01 or bust boiiiis
7 million shares and holding
i'm holding out for . i'm in for the looooooooonnnnnnggggg haul.
if it makes it to .01 there’s no reason it won’t make it to .10…. keep our eyes on the long term and we’ll all do great.
i have more than 2 billion. i am not selling
.01 is my minimum, .00 is my true goal
“you don’t turn your back on family”
potential for 0,20$… i am not selling before that!!
i’m holding 5.7mil in shib, i’m in it for the run, god speed shib
everyone please have realistic price prediction first of all we do not know that will it ever pump again even if it did there is no way it can reach 1 even with burning. we would be lucky if it ever hit 0.001 or more realistic is like 0.0001
that’s been my plan to hold my 12.5mil shiba until .01 since i first got in back around winter
im in! not selling till .01
0.01 for me… 🙌
• not easy when you have 200 million shares
i vow to not sell till it is at .01 😌
ive only invested a couple mill of shib, but i’m confident it will take me farther than i know it
i am not selling shit until shib reaches 01
shiba is long term invest!
not selling, only buying...
i am in until the bitter end! i made good coin with doge and now i am going to stick it out until at least .10!
over 130mil holder here 💣💣💣
i’m not selling till .01 c with my 750 million shib
imma bust a nut when this hits 0.1
im defenetly selling at 1$.
hodling my 1b shib ✊🏼💎
u all saying- paper hands selling, you would prefer that coin to be dead and only holders left, then it will stop growing, that is how trading work. people buy and sell, that is mean many people are interested, shib had bigger 24 trading volume than ether. just think about it.
do you know about market cap or even doing simply math? mates, you will lose everything. take care about your selves
not selling 🤪 until my portfolio says 💰
that’s only 4x the market cap of bitcoin. too easy.
i hope you guy arent serious
get to 1 cent or die trying.
is .01 really the goal? i really wanna hodl til .1.
no but i’m not selling 🔥🔥🔥🚀🐶🤘🏾
not selling for one year 🚀🚀🚀
your all going to be quite thisappointed
i am holding until i die. got 39m shiba. i am probably also going to buy new shibas every week with my payday money. i don’t need new clothes or anything, i just pay my scholar fee, food, coffee, gym subscription, and rest = investing into shiba. i am loyal to this coin, just like shiba inu is loyal to its boss. edit: probably not holding till i die, because i need some money for my own casket later on.
25mill since may. not going anywhere.staked.
moon or bust. no in between.
just a reminder to all of you here who are either newbs, dumb or delusional. 0.01 would put the market cap at 5t dollars which is 5x more than btc atm.
1 cent or bust hodling
iam not selling until the price will reach 0.1. αου αου. to the mooooon
i'm holding till it goes to the moon and back. lol.
i’m personally holding for at least .005 where i will sell a third of my position and hold for a bit see where it goes and maybe sell another third and so forth.
with you all the way brother
im going for 0.1 to 1 dollar. depends on my finances when the time comes.
not seslling till 0.01, with my 10 million shiba at 0.01 would make life a whole lot easier than it is right now. ill just keep buying and buying and hodl \
not selling until .00
i’m just gonna hold for the next 15 years. then i’ll be ready to retire. hopefully to my own private islands.
i told you buy on the dip and selling when it reach .00...
y’all are delusional lol
i’m not selling till .01
can someone explain to me why everyone is stuck on .01 i’m sorry but i’m not selling till i hit . i’m sorry but stop pumping .01 an start pumping .10 cents plus
no, anyone with a brain should take their profits as soon as possible with this shit coin, do any of you understand market caps ?
i'll sign it...if you can tell everyone how many trillions of dollars would need to be invested in shib for it to reach .01? hint: it's more than all of the money invested in every other crypto project - combined - and then a lot more.
i'm not selling holding 350 m to the moon 🚀🚀🚀🚀🚀
i'm a medical student holding 4.5bil. put all my living loan on it. not selling until .5 minimum. i've got £120,000 student debt to pay off
yes i'm all in 😊
i'm all in! 🚀
unless i have family emergencies ( medical care etc) because family is first, then i will sign.
i've been hodling 250 mil shib for a while now. i was super excited that we people can finally stick it to the big 1% if this continues to go up. people need to tell everyone they can, spread the word and hodl and not sell !! im going to until .01, everyone needs to be patient !!
i’m in on the promise!!! i’m going to try for . i would never go press than .01
i have my shib buried so that i do not get a case of paper hands. got a house, car and college. .01 gets us there me thinks.
let's get there together !!
does anyone here understand what a market cap is?
if we are talking about the market cap for shiba as the reason why it won't hit a dollar or a dime or a penny, then let us really look at the math behind a potential three zero increase. at one dollar per coin shib the market cap is 394 trillion, at one dime it is 39.4 trillion, these numbers are astronomical and virtually impossible right? but, if its a penny the total market cap is 3.94 trillion, if thats still to unattainable, how about shiba hitting .001 a tenth of a penny, at this point its market cap is 394 billion, which is less than half of bitcoin's. at .001 the numbers are attainable...and if you are holding a few hundred million shibs you can see some life changing profits! i do not need a penny! i'm holding looking at the moon! go shiba army!!
i am holding for many many years
i have 50million shiba coins. not gonna sell even if it hits .01. may not get lucky to hit , but im sure we can get it to hit .10 or even .25 cents that’s good for me. investments are for long term. people who sell after .
1 cent will take 3 to 5 years little sooner if the burn a bunch. i got in early and have 39 million couple hundred bucks. i look every day once thats it. if it goes to 1 cent great if not i will not cry. did the same with dogecoin and made out ok. good luck to us all.
that's my plan. .01
me neither. no way before 0.1
my price alert is set for 0.10. until then i ain’t touching anything
not selling unless i need the money back or it hits
too many of yall spending 7 or 8 bucks and thinking your going to change your family tree forever. lets be real. i agree with only investing what you can afford to lose. but if you cant afford to lose more than a few hundred bucks you shouldnt be gambling anyway, you should be out looking for a second, third or fourth job.
i do not know how to sell it :!
not selling until a dime hits my line
3 of us at work are all holding til atleast then.
i dont think its gonna take 30 yrs for it to hit that. it'll be sooner than they say but thats just what i think
why would anyone sell until then, with the gas fees... geez
i was hoping for 0.7
i promise i'll hold atleast 100million till a penny. the other 75million will be sold on the way up.
shib in my coin ase wallet thing is only 've got 4.9m, what did i do wrong? 🙈
i promise to not sell under .01. i'm actually planning on holding out until it is much higher than 0.01. i have 35 million shib, so it is just a drop in the bucket, but when the burning starts it will end up as a significant amount...
4 trillion market cap? you guys are having communal insanity or something?
this is my signature. not selling til minimum .01
i've been in the shiba army since last fall (2020). i've seen some good and ive seen some bad but ive not not sold. never even thought about it. i may hold till 25 cents or more to be honest. i'm down for the long haul.
i’m burying and holding for the long run. not like there is no reason not to. i know some people are in it for the short term pump and dump but i know most of us true community members here will hold even when it falls. trust in your community and ride the long wave up to glory let’s go!
im holding until 10 year time lol
add me to the one centers
with you all the way!
you cunts are all getting rekt. pump and dump
i'm in... i've got nothing but time.
i’m here for the long run!
i swear, on the souls of my grandchildren: i will not be the one breaks the peace…... shiba inu lovers each one . let’s get the attention of robinhood. whose with me?
no, not if trump gets back in as he has threatened to kill all crypto. a proven idiot he is as he lives in the dinosaur age of scamming people out of dollar bills.
i know this is thisrespectful, and i apologise in advance, but this is a stupid post. it's chilthish. let people sell when and if they have to. regardless, at .01 the market cap would be . that would make this 10x the value of bitcoin currently. that's not happening. a penny wpuld either come from a significantly large burn, or from society almost fully adopting crypto. bitcoin's markwt cap would have to be somewhere around . where bitcoin goes most of crypto follows. manage your expectations a lot better than. i, for instance, am selling at 10x to 30x from now. that's my target. on the flipside of that coin - if the market cap were around , then .01 would be feasible.
how about you suck on my left toe
this is starting to look a lot like a pump and dump. sorry guys. i put , but i really needed the .
i’m hodling for 2051, thank you all hodlers!
i’m tired of these paper hands getting 100 bucks over and selling. cmon man. at least 1 cent should do the trick. and hold some still for the 1 dollar in 3-5 years.
1 cent would be ...
i’m not selling , i need $$$$
or you can continue to pay your mortgage, hold shiba, and forget about shiba for the next upcoming 3-5 years and become a millionaire? but if you want to just pay off your mortgage yeah that’s cool too
that is almost impossible unless they burn currency. there are 395 trillion coins out there right now. that would make all shiba worth nearly 4 trillion dollars which just doesn’t make sense. if you only have 5.7 mil then yah do whatever you want because it’s not like you’re risking a lot. like a month ago that was worth what 20 bucks? don’t know when you bought in though.
how do you avoid the taxes when you convert back to usd?
5.7 million x .01 =,500. 00 . what country sells house that cheap?
same here. everything i have in there right now is all profit anyway. i invested . i withdrew what i had in it a couple days ago but left in 7.5 million shares. holding till the moon!
an inspiration. we must promote shiba inu as a medium of exchange. any ideas.
or we can not sell and use it like a currency, how it’s intended to be used anyways. i’m only buying crypto in hopes of using it like they do in violet and star wars.
i have 20 million, 0.1 cents can change my life...have you guys seen the movie 40 year old virgin, that me it is just that i am 32
you will be left holding until your coins becomes worthless. how can people seriously think a coin with a maximum supply of 1 quadrillion can go to 1 cent. stop day dreaming and understand reality
yeah your gonna pay off your mortgage and live the rest of your life without any sort of financial stress because of your …. get real man, it’s not happening when its already got a market cap of 12 billiion. maybe if you got really really lucky on some low cap shitcoin but not with shiba.
that would make the market cap 340 billion dollars. so roughly 340x the value of bitcoin right now. or a little over 160x the value of all crypto. do any of you understand market caps?
nice to see you invest in delusion also.
isn't that the dream. i could buy an island.
i would be fine with ...
i'm with you, brother. my floor is 0.5. the more the better. edit, spelling. i'm not with his brother.
imagine it goes to 5, then to 10, then to the current bitcoin price…
fuck yes that’s what i want
i will be billionaire then 🤣🤣.
>0.5 wouldn't it need like 10 trill market cap?
this is not possible, y'all need to understand how market cap works. this would make it many times the market cap of bitcoin which is definitely not happening.
i have a question from a newbie perspective. i'm not being sarcastic at all when i ask this. let's say it does go to 1 penny. where is all of the money coming from to pay all of us off when we want to cash in ? for instance, mine is through coin base. is coinbase going to have trillions to pay people off when they want to sell ?
this is literally impossible. it's market cap at , come on.
1 dollar shiba would be +550 times the yearly budget of usa. wake up
>0,00 talked on the phone to my buddy for a while last night. he said the same thing; leave it alone, hodl, go the fuck to sleep, does not matter what happens, just hodl. i slept like a baby.
holy shit, that sub is pure lunacy.
the transferring of money from the impatient to the patient.
eh, too hasty to be true though. no one is asking them to leave early; we’re just deciding at what point would be acceptable to leave - it doesn’t mean we will.
not me i do not mind holding!! even if it goes high . as for the past few days i knew just watch it is gonna go down. sure enough but now the perfect time to buy. my goal is to own 200 million not 100 million!
question: did not shiba begin with nearly 15 zeros??? there was a major burn correct? i am not saying that you are incorrect because it is quite difficult to argue with math. nevertheless, if there are more burns, utility, platforms like robin hood, endorsements, and investors holding until at least two to three zeros belch away, i think there is a chance it reaches close to a cent. i may take 3 years, five years, seven years, or even until 2050 but i do think shiba is worth keeping an eye on and valuing. hey, never say never.
happy for you. don’t buy back in on your way out too please.
useless? so i guess shiba swap isn’t real. lol shibarium is going to reward all hodlers. not to mention shi. it’s about to get wild! 😃
i'm holding 14 millions shib and i shall buyeth moo at which hour i can ! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
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would you look at that, all of the words in your comment are in alphabetical order. i have checked 288,844,069 comments, and only 65,380 of them were in alphabetical order.
an uncomfortable truth is worse than a comfortable truth for them.
you think this coin will be around in 15 years lol...
it would be a . as someone that does not hold any meme coins, the lack of so many people in this community not understanding market cap is fascinating to me. you are the one of the few i've even seen mention it. ' [
i agree man. people rn are selling bc they want quick money and dont have any patience
with the market cap, it will most likely be that long until it hits 1 cent. i mean, not saying i'll sell before then, but people have this expectation that hitting 1 cent can happen within a short time frame and it just is not the case.
i hold 2.8m at the moment. i too. waiting for the 1 dollar in a few years. it's not impossible, just not likely soon because of the cap and circulating quantity. but i strongly believe it will hit a dollar in less than 7 years
one dollar in 3-5 years? what makes you think it can become 500x more valuable than btc rn.
but hold, and pay off a few mortgages.
i do not know man dodge has no limit infinite number but yet they are at .25 and shib has a limited supply, its freaking huge but it has a limit. so having a limit makes it actually more valuable then doge hold on to your pants burns are coming and yes it would help but in no means could it not it .01 beyond its just a matter of people buying it. so it is not as astronomical as one would think.
they will burn. and they aren’t the only ones that will burn, we understand how market caps and circulation works.
well the debt limit doesn’t make sense either and this coin could make us the only people on the planet to be able to pay the massive debt we were left with anyway so if we all do get this rich we will literally become the government
>that would make all shiba worth nearly 4 trillion dollars which just doesn’t make sense. you think you're talking about market cap, right?
not a financial advice! if you lost money previously on crypto, you can deduct up to .
they said pay off the mortgage, not buy a new house.
shiba hits a dollar and you can buy both of them lol
how did you know he’s my brother?
the market will make sure that never happens.
the current btc price would mean the circulating value of shib (on current total coins, assuming nothing else is minted) would be over . i'm all for being bullish and hodling, but c'mon guys.
millionaire for me, this is my only chance 😅
some one else has to buy it at the price your selling it at. if your holding lots of it you cannot sell it all at once. lets say you got over a billion it could take a couple hours or days to sell it all and the price will fluctuate
stablecoin, just a thought
it's not your broker or crypto service provider that is buying or selling you your coins, it is other holders. you are being paid by others who want the coins you have. coinbase is just a middleman.
my advice to you as a newbie is to research the term “market cap” and what it means in reference to crypto in general and shib in particular. shib will never reach .01 for good mathematical reasons. my second piece is advice would be to not buy shib unless you like slowly losing money. my third piece of advice would be to not buy any meme coins. there are plenty of actual projects out there with actual value.
>for instance, mine is through coin base. is coinbase going to have trillions to pay people off when they want to sell ? coinbase is a market, they do not buy your coins, they just make the market. other human beings with money are who give you money when they buy your coins which is why this coin will never go near a penny, let alone a dollar... you actually point out the very reason why it will never be a penny or a dollar(lol)- where the fuck is the *395trillion dollars* going to come from? that's 4x the total combined yearly gdp of the *entire planet* its 200x the total economic output of the entire united states who has that money to pay for shib coins if it were a dollar? just...lol. have fun with it, make some money on the wild swings, but do not be delusional
rofl. guess this is a way to troll people which i had no intention of doing. but i guess my over preparations are what helped me be where i'm at today. thank you john nobody.
everyone needs to spend their shib for transaction burns or did you not get the memo. i'm wouldn't burn or spend my shib but wouldn't mind the community doing that for me.
dude, who cares? my spreadsheet goes up to 6 bucks. crypto is unpredictable. also you wrote a lot and if you do not get to the point in 2 sentences, i'm not reading it. so get your fud out of here to sell my shib. the money i've invested shib is money i have no care for if i lose. i have 6 other investment accounts in stocks. you act like money is so hard to get.
isn’t is the other way? patient folks are buying and money is going to the impatient people who are selling!
have i convinced you?
swap platforms don’t mean shit. you’re delusional
hell who knows what’s gonna happen by then.
yea. i’m keeping mine and buying sparingly. it will climb but i’m doing it for all of us. let these slime balls cash out low.
1 dollar = 500 t dollar market cap. why would a shitcoin without usecases be 500x more valuable than btc now?
how much do you think it will max out at?
are you dense? can you even fathom the number 1 quadrillion? only 5 billion doge can be mined per year! if doge had a current supply of zero it would take 200k years to mine 1 quadrillion coins. some of y'all are really bad at computing math. wow.
yah but doge right now has more scarcity than shiba by a factor of 1000
explain market cap then, how it works, what changes how when, and how it is going to limit anything. show that you understand and educate this sub at the same time.
i hope shib investors all humanitarian by nature and we’d make sure to take care of those in need and have good infrastructure.
lmao, you can’t be serious
lol wtf are you on
yah so either it’s straight worth 4 billion or a few people looking to sell would tank the price for everyone else.
how am i totally right and you still won that one. well played sir. my fedora is off to you.
i dont have paper hands because i dont have a paper brain... you cant talk down to anyone, you invest in shib ffs lol. and coins i own, like vra, vxv, qnt, are all doing mad numbers over the last couple of months... not one day pump and dumps... !remindme 4 months heres coins i own, lets see whos done what by then :) ' fucking shib hahhahaha "it will hit 0.1 bro dont worry"
haha. spelling on the phone gone wrong. meant to say "i'm with you, brother." like, in same floor brother. my bad. i fixed the previous post.
let’s me just dream.
what about accounting for the burning of coins over the next 5-10 years, what would it still be trillions?
yet another noob question: how can one be sure that people will buy enough of it once it gets to that price? could it potentially just not sell enough to pay you off before it loses value again?
i appreciate the response. thank you !
being nobody is the greatest compliment so appreciate that, good luck with your... success?
why would anyone spend their shib when the entire community is hoping to become a millionaire? and if the 99% did burn 99% of their coins just for you, what would be their reasoning?
i just see a lot of people pinning their hopes and dreams on this pump and dump scheme, and i genuinely don’t want those people to fall for it and lose money that might be important to them. if it’s no big deal to you that’s fine, but it is a big deal to some people and this weird cult mentality contributes to an actual problem of people losing money.
it's a buffet quote. it's always true over the long term, but the term may be far longer than expected.
your statement about it being useless is very delusional. did you not see their new partnership to be used as a payment source? c’mon it seems as if you don’t even care to look. also you called this a coin when clearly it’s still considered a token. for now.
because it has exactly as much use cases as btc.
no idea but it wont reach 500t $.
most of the people here are just kids lmao chasing this to get rich quick
anyone in this subreddit not here for trolling is either a shark (0.01%) or retarded. facts are facts
large numbers aren’t easily understood. for instance using the term 200k years is also hard for people to comprehend. how about imagining the time when the pyramids of egypt were built until now. now imagine it over 44 times that long.
what do you think the possible top price for doge is?
take a youtube lesson. you’re asking for too much
so you seriously expect me to run this store by myself while everyone is sick getting paid to stay home and take my lil 13? are you serious about that? because i think a meme coin has a better chance of ever paying the jokingly high debt left to us in fiat currency than the amount of citizens working paying taxes right now
yeah thought so. reading material:
oh yes , the houses are cheap there . we here in florida usa cannot buy anything in a “decent” neighbourhood for less than 400gs
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sounds like a fever dream.
itll be higher. that wasnt accounting for the inflating amount of coins. this thread must be full of children to not realize how dumb of a decision this is over other coins
you cannot be sure, that is how stock. at one moment it could be at the price you want to sell, but that may also be the price thousands of others want to sell at as well. this is why prices dip. when people sell en-mass, it becomes a competitive selling market, so those selling will try to lower their asking price to sell while it is around what they want to sell for. most of the time, it will eventually stabilize and start to climb back up as less people sell and more people buy. ' right now with the market cap, it will most likely be a few years before it reaches a penny and even when the market cap is higher, it will be a fight to get it to a penny because so many people plan to sell when it reaches that price point. a lot of people will have automatic sell limit orders at a penny or just below, so it will certainly be a difficult barrier to break when.
so your another one who does not keep up with what the devs post. shytoshi posted yesterday how the another burn system is going to work. you need to spend shib and a percentage of shib in the transaction will be burned. how did you not see or read it with all the posts yesterday? i never cared for a burn. but that post yesterday put the burn in the people's hands. all those who cried for a burn, now needs to put their money where their mouths were. made my day.
if losing money on shib is a big deal to some people, they should not have invested because of fomo. they will learn a lesson if they lose money they could not afford to lose.
when did i call it a coin?
it’s not an exact science but i wouldn’t count out all shitcoins and i think shiba will take over doge quicker than you think
ah, so you do not understand what market cap is.
dude you do not even know what you're saying
i know all of this. i’m just talking about on macro level where market cap still has some value because we aren’t talking about individual investors getting paid. we are talking about all of us as a community. yes the price can get up to 1¢ with a market cap of four billion without people having needed to spend four billion dollars. if everyone holds onto their coins and no one is selling then the handful of coins on the market could become much higher. in that way some of us could actually sell our coins at one cent and get loaded. but not all of us can. if everyone is holding to drive the price and the market cap that high tries to sell at once then it will flood the market and the demand will simply not be there definitionally. so in order for all of us holding now to become millionaires off of this then there has to be enough movement of currency for the market cap to somewhat mirror the actual price paid for each coin. that’s the only way for us to get out of this for all of us cashing out in the cents without it crashing the currency, there has to be enough people buying and selling at that level that all of us dumping is just a drop in the ocean. the only way that happens is if the marker cap has some resemblance to reality.
shiba is deflationary as there is a set amount of coins plus with the burning of tokens the value will increase via supply and demand shiba will never be worth 50k a coin i agree but it could defiantly hit .01, .10, or even a dollar over time. it’s a good investment, it’s already paying off well. the ecosystem is clever i think it will stand to test of time to some degree.
maybe your thinking of dogecoin which is inflationary, which is one of the reasons why people think it would make a good global currency for the net, the motivation is to spend and not save.
i do not follow shib, i just came to check the sub after seeing the pump and dump. i understood there is a burn system on transactions. so who will actually make those transactions since the whole community is people new to crypto who think they are going to become millionaires? or is every single person just hoping everyone else will burn a massive amount of coins?
fair enough i guess, just seems kind of weirdly heartless
we will see what happens. so far, from all dog-specific coins only shiba seems to have a chance to become one of the major coins. and yeah, i can see it surpassing doge. there are lots of shitcoins i can imagine becoming a top100 coin.
what do you mean did i spell something wrong or are you saying i can’t read my own typing?
you got lucky , i hate the snow , … i heard the winters are harsh on the prairie .
that's what made my day. it has to be the community using their shib. all the investors that have less than 500 bucks invested, would not spend shib. my goal is to get to a billion. i wouldn't spend my shib for a transaction burn because i never cared for a burn and i do not care waiting 10 years for a return. i have 6 other investment accounts in stocks as well.
how does a meme coin help pay off debts when the only reason the price is going up is because people are putting money into it? shib does not create usd out of thin air 😂
you misunderstood me. i’m saying the value of all the shib could one day be more than the national debt. and that means if someone holds enough shib, they could pay the debt off using shib
you think shib could be a ?????? are you joking 😂
i did not hear no bell
they may take our lambos. but they’ll never take our shiba!!!!!!
doge is at around .50 and you cannot make 100x gains with it anymore. that's why shiba has a bigger potential to grow.
put . not selling though playing the long game.
just bought another 30 mil... there is no turning back now ... lets go ... shiba
i just bought another couple million in the dip.
bought 5,000,000 yesterday! let’s do this shiba peeps!
every time i say to myself, that\`s it, i\`m not buying anymore shib, i do otherwise :)) what the f is wrong with me? :))
doubled my coins on the have price sale today 200 milion coins and hodling.
still holding 6 mill and it’s killing me smalls!
buying while it’s on sale
listen here men... love to see red . will be talking about these days years from now ...well at least those who bought and held for they can have their earrings now ...but they can’t take our financial freedom!!!!!!(william wallace voice ). hodl ...(dumping ) hodl (dumping ) hodl !!!! ( dumping) ... now!!!!!!!
doubled my coins today!!
22 mil last night at 086 rounded out 32mil total 💎🐕🔐🚀
11 million. hodling since forever (feels so). f#€< e#$<.
dip means to buy! buy means to win! i don’t know about any of you but i’m not big on losing 🔥🔥🔥 let’s make this the true
if you stop buying, you're losing out! shiba long term holder i'm in the trillions!!!
that would be me, 107 million coins and also got my brother onto shib and he just got 44 million as well yesterday. been spreading the word to friends and family too. my wife put in . 🙏🏽🙏🏽🙏🏽🤞🏽🤞🏽🤞🏽
fuk ya im in keep buying honestly even if its 60 bucks at time im in 🚀🚀🚀
tis but a scratch!
i didn’t hear any fat ladies sing 🎤!!!!
now i can honestly surmise that all these markets are controlled by whales and hedgies shorting the shit out of everything, manipulating it all and the paperhands bailing because they panic and sell...they should not be in crypto to begin with. crypto will always be like this...volatile and unpredictable unless it is regulated and there is transparency. i have invested in 5 different crypto in my lifetime and always get screwed. i am so over crypto market. but i will hold my shiba in hopes of it rebounding one day. ugh
[mp4 link]( --- this mp4 version is 97.13% smaller than the gif (226.84 kb vs 7.72 mb). --- *beep, i'm a bot.* [faq]([author]([source](v1.1.2
yip i’ve bought the dip, now 40 million shib
some sell, i buy 😎 let us get this baby beyond the moon 🚀
got more today. what could possibly go wrong.
still holding 27.4 million and buying dips
another 700 locked and loaded waiting fir next dip
bought 200 more 👍
it won’t be low for long, load up now and get ready for the ride to the moon
25.2m shit coins. if this get rich quick scheme doesn’t work ill start selling fx on instagram
can not buy more atm, but still hodling firm
been trying to buy for effing days now. waiting on goddamn ach transfer from my effing bank to [crypto.com]( this sucks, plan on buying 50mil...
im just waiting for rise and shine
i bought 20 million during this dip
hold the line. we need to finish the god damn mission. doge to .1 boys and girls and anyone in between
as soon as crypto.com verifies my app i am buying 2000$ worth...hopfully it stays around 5 to 6 zeros to the right of that decimal point
who's buying the dip. it has been nothing but dip since day 1. having said that, i just bought 50 million
it's all dip 😂
i will fucing hodl it till my wallet die, and i (its hard without eating)
just bought 10 million coins. hodl for a long time, not after 10million but making 100k would be nice for a 102
i believe in jesus and shiba coin!
bought another mil and a half.
lmao bout 200 bots with bout 200 dollars and 20 million shib each kickin total ass today. mofo had a comeup on that lil bump yesterday.
is there any more dip possible there? i thought we are at the bottom
can’t my bank thinks crypto is a fraud and won’t let me buy...
i regret buying this coin but you guys bring me optimism yolo tho 🚀
awesome attitude bro your right 💪🙌
why is the shib army still bleeding ????? where’s the strength????
hold brothers, we must clench
it’s finna dip more,
to the moon! .269 now. it is undervalued
i’m skeptical this mf will never hit 5 cent
who owns the most here? anyone own over 50 million?
they may take our freedom but they will never take away our shiba!!!!!😂
you sell you loose.
i got close to selling so i brought instead its the only real option... to the moon!
not buying the dip yet. but i do believe this has potential once it goes to robinhood and other exchanges. the dumping must stop.
is it a dip or falloff?
just bought some million more📈 appreciate the sale and believe in shib. on the long-term there will be growth for sure🫖🍵
the fuck youre fighting with? shiba am not doing nothing... just sitting there ... doing absolutely nothing.
lol. i bought more
alright alright, slit the jab, that’s it, mentalize, see that bum in front of ya, you see yourself doing right and ya do right, that’s pretty, that’s very pretty
lol your comment is gold 🤣
i would agree but every time it goes up (when some of us keep buying the dip), it goes straight down . who is dumping their shares ? i’m not buying the dip anymore
it’s all good! i lost ...”😂🤣😂😒
bro same as fuck bought in kinda high too fuckin yolo tho i guess
when shiba swap is out you can stake those coins, get dai and usdt plus bone out of it. then doggy dai i believe which is their stable coin. it's pretty awesome dude. stay patient
patience india still selling, all crypto stabilizing it s bear market we need some time to get through it, maybe don t look at charts for a couple of weeks
omg i just did that at 35 million. now i have 45 million! 😭😭😭😭
that’s great! buy more, you’ll feel better!
upvote for everything i see here
it's going to be on sale forever... everytime when it goes up a bit, you motherfucking long holding sons of bitches sell out asap.
why? did you see any real potential since may 10th?
so you're one of those who hype others up to buy more so that the coins you've bought for a much lower price will be up in value when you sell?
if 't be true thee stand ho buying losing out! shiba long term holder i am the trillions!!! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
aren't there 500 trillion shiba inus already? you're holding trillions you say?
have fun having 40 millions of worthless coins.
catch me on only fans refunding my failure with pictures of my butthole... the things we’ll do for a little bit better life 🚶🏻‍♂️
says the organization who is the actual fraud...the banks don’t like competition! find a new bank and get in the fight! whether you realize it or not, this is a war on civilization as we know it. it’s our best shot at collectively telling the international banking cartels to pound sand.
no regertz!!! it’s only the worst decision until you sell for a profit!
we’re here. growing by the hour!
many do, focus on a billion.
a baby boy with no money to buy himself in, go fud somewhere else 👶🏽
gold? that comment... really? how old are you?
it's crypto. it will probably go even lower than it is now, until skyrockets again.
not me 14 mil and counting
was nothing to spend over 100k on it. sold all my other coins as well to get shiba! i'm talking about eth, litecoin and more. keep buying my friend!
quit hating just fuck off lmao
don’t be jealous, hop on board my friend
we don’t need another hole to throw money into 🤣
a bill? oh man. that’s like 10k.
apparently older than you, baby boy hahaha
cmon man b serious... no one believes u
you spent over ? that seems pretty extreme and i feel like eth would be good to hang on to, but that’s just me. what if shib fails?
are you fucking retarded? who the fuck sells stable coins only to go full in on shiba????
heb ik gedaan, kneus. een van de meest beschamende beslissingen in m'n leven. na een uur heb ik alles verkocht en belegd in cardano... wat weer een van de beste beslissingen in m'n leven is geweest.
best time to buy!
you think i care?! i do not! do you even know me to judge like you are!
i do not believe a word of it but reddit has shown me how stupid people can be and 100k worth of shib is dumb af
there's always a possibility of it dropping. i understand that. i bought low so even a small uptick is fine.
i guess you're poor!
wie is er hier de kneus?? ga lekker naar de speeltuin met je cardano spelen kanker lulletje
post proof and you will b the new chieftain
shut the fuck up. i swear to god, you are annoying af.
nope, i've invested in stable coins longe time ago. if you weren't poor, you wouldn't have yolo'd all of your stable coin in this shitcoin... cause it really is a shitcoin. buy the rumor sell the news.
kanker idioot, wil je zeggen dat cardano niet een veel betere beleggings coin is dan shiba? heb je verstand van crypto of ben je zo'n bubblekop die meegegaan is met de hype.
buy the rumor sell the news?? i bought on the pump and dump and held til broke. 😂
laat me lekker met rust, gefrustreerd kut jong, wtf moet je op een sub als je de coin niks vindt??? ik heb al jaren andere coins, heb m’n huis ermee gekocht hahaha en ja heb ook oa cardano, btc, eth, vet, enz enz dus ga lekker een mooi speentje uitzoeken van je cardano muntjes en terug naar de zandback en laat de grote mensen hun gang gaan, misschien leer je nog eens wat. babydunyali 😂😂😂
je klinkt niet als iemand die oud genoeg is om een huis te kopen.
ga lekker shoarma backken
never go full retard... but hey, no risk... no reward. i hope it works out and if this pops... you gonna be set!
at .001 you can be king of your neighborhood!
how much shib do you gotta own to be a whale? i have 120 million
it would be nice to have that kind of money...!! hope this will...!!!! 👍👍💪🎉🎉🎉📈📈📈📈
shiba is moving on the waves again...went up, going down. have some profits, have some losses.
i went in big and have 120 million shib
genuinely curious - what made you feel so sure about inu shiba that made you spend all of your savings?
thanks for posting your balance so i can track you.
200k€ you are insane! good luck 😃
let us know before you are going to sell, so we sell together before you do in order to crash the price! lol! good luck to us all!!!
basically all thats left is to pull an elon and hype it up to a dollar per coin, then sell it all and lose like half of it from taxes
how much is this in usd?
everyone who says it’s not hitting this or that or just doubters trying to stomp on somebody’s parade like we haven’t read that before and they just keep saying over and over like it’s really gone make a difference just because they don’t think so we live in a crazy world where crazy things happen all the time
hold strong, you're all set , i invest .5k usd
merch [here!]( burning shib for each purchase, lets do this!!
haha mental lad! welcome to the army. hopefully this coin works out for everyone.
how long did you save that money for
what platform do you use?
this is a mistake. it will not surpass 0.001 i believe. now i hope it does so your life is not ruined.
shibs performance so far is terrible
but it’s basically nose dived? why you doing this to yourself? lol
the weirdest thing about stocks and crypto is the need to brag about how many shares or coins you have. i hope shib gets to at least $.01 or $.001 so we all get rich in a few years.
i bought 4 million dogecoin in 2014 at around .0008 sold at .50 cents on the nose for a life changing reward. now i am 48 and retired! i will pay about 40% to uncle sam but who cares. just paid cash for a new house, car we desperately needed and a big trip for my family on a small investment i made years ago. all i did was wait. hell, how hard was that? not hard at all!! i got in shib late and missed the huge payoff from .0000002 to .000035 but i am in now for another small investment of 50 million coins at .000006. i would not be selling or adding or averaging up or down. this bobber is in the water for awhile. see you at .01 cent after they burn about 250 trillion or whatever they need to do to get this there.
you should never put all live savings on one horse, especially on a meme coin . i would buy cardano and kava too if i were you. 25% kava, 25% cardano 15% doge and rest shib and moonshield
good luck. the reward outweighs the risk. you never know what can happen with crypto.
dont you ever hear the word risk???
y’all actually think this could go to .01 or even .001? i bought the top or near it and it’s been shit ever since. already out of the top 30 coins and dropping even further. think we all got took!!!!! it’s a shit coin. don’t hang on past the bull market. be smart! 😒😒😒🙁😩😩😩😩😭
all these people talking about it would not happen because of market cap like they actually know what they are talking about when in fact they are just repeating some scepticism they have heard from someone else... makes me laugh 🤣. for the record shib has a mc of around 3b, which is roughly where btc was 5 years ago. so yes it is a long shot, but it is not impossible that it could grow to 0.01.
holy fuck man...maybe burn a bit of it for the collective good
omg. good luck 👍 i’m routine for ya.
fortune favours the bold my friend!
damn dude, i thought i was going hog wild with 100mil coins
‘i too like to live dangerously.’ austin powers hey i am with you! but only in the tens of millions at the moment. just need a catalyst to get this coin moving.
thank you for taking risk and holding
okay so what do you do for living because goals 😳
i salute you for your sacrifice!
we have a whale here 🐳
that’s an old post from someone else. i saw that last week. good try lil man. 😂😂😂😂
what platform is that?
i can throw ! but hey if it goes to .01 im gonna be fcking hoes day and night 🤣
dont buy only one coin, get some of some´s...
this picture is old that is not the current price had not been for a while
bro welcome to the shibarmy the fact that you bought 17 billion coins is amazing you just helped get the rest of the coins out of the circulating supply. don’t sell keep holding and never stop holding. good luck bro
don't keep all your eggs in one basket
holding myself at 25mil. lets see where this goes. best of luck to all and keep promoting the shit out of this coin to help it move forward.
is that £170k?! please tell me i've got it wrong...
how the fuck did you make £170k in the first place
that’s it ?!?! you’re better than that lol
what is that? like 32 cents?
what tha fuck is that? 17 billion?
17 billion jeeez he just yeeted his life savings
shit idk why people who is not supporting shiba join this groups like dude quit hating
so i have 100m , and still aquiring more!
wow 🤩 good luck! 🍀
you should be the poster boy of balls of steel! heck, must be made of titanium. while i read a lot of people here saying this was a risky play, let us just assume for a moment we hit .00005 next year which is far more realistic than .01, then that is a cool 8.5 mill usd!!! and if you lose it all, heck, the rush would be unlike anything else that will happen in your life. yolo!!! may the crypto force be with you and us all!!! this is the way...
why did a poster say that there would not be anymore shib burned? is that because the rest of the coins are locked in uniswap?
u might as well go all on amc
that boy a billy 🤲🏾💎
sannababish ! good luck
scared money does not make money, that is for sure.
cringe mode... is the site even going to open?
i wish a bunch of shib would get burned. not only would price go up but it would bring in a bunch of people
ha ha ha! as of 17 may 2021, a total of 394.796 trillion shiba tokens were in circulation, with the market cap sitting at .52 billion usd. the supply limit for the currency is one quadrillion (1,000,000,000,000,000), meaning that just under one quarter of the currency is currently in circulation. this is never going to make you any cash.
good luck!! and be patient!! if one of those rumors are true about amazon or the chinese ebay company taking this: the shib army is set!!!ps - maybe elon musk could be a help also!!!
this post made my day... awesome man...huge respect...🍻🍻
what platform did you use to invest in shib?
and great luck you’ll make it
jesus! i hope for your sake it does work out
did you get the 17b for ??
nice! good luck 🤞
it has to have a low coin count and a low value in order for big payoffs
what is that like 65k
i missed bitcoin, doge and i’m not missing shiba this time. i have 52,000.000 only
so you gonna be future 🐳
t h i s i s t h e w a y
that’s the spirit! i’m waiting on amc to blow its top so i can buy more shib
you have a death wish i see
how do you buy yours which app?
don’t forget to do tactical wee down the track
well, i think it’s ok as long as you don’t need that money.
congrats bro we gone wish for the best
thats frickin awesome. let get this puppy to a pennie.
had you decided to make this investment about a month or so ago, you would be absolutely rolling in money right now.
damn, how much in usd?
seriously on a copy of a joke meme sh!tcoin
just reached my goal. 100m, i’m done.
40 millie shibs strong ⚡️🔥🚀🌙
only risk what you can afford to lose, but you probably pretty well off if you can afford that much
balls to the wall love it
guys remember. we were all born naked. so does not matter how much we lost, we are still winning 😁
something tells me you're trolling but hey have fun gambling.
this is just stupid
aye malaysian here gang gang gang gang gang
wow, good for you!
we are all retards here 😸👻
is that 1 million ringgit ?
what’s the discord invite?
wow, well good luck!!!
before off rushmoon good project decent exchange
error404: luck not found.
congratulations 🎇 you a shiba whale now 🐕‍🦺🐳
my buddy bought 10.5 bitcoin at 625.00. damn i missed hard.
you’re badass!!! good luck!!!!
dam your on a whole different level there. whale of a level. 👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻
full retard huh? love it!!
i do not much money to invest 😭
you’re still risking money whether you invest ,000. we’ll all be rich if the coin hits just $.001 or $.01. honestly, on a coin like shib i’d probably rather risk just a few hundred bucks instead of tens of thousands just in case it fails.
it already popped ...
thank you so much 😃
how you gone tell this man how to spend his money retard
good luck my friend !
where can you buy safemoon? i haven’t seen it on crypto.com or coinbase
where you bought safemoon
amen to that 😁
never gonna happen with shiba i am afraid...1000 to 10000 times more in value than now.
i have no idea
thank you so much !!!
yes, shib is roller coaster 😆
congratulation. keep it up, i start with 1 million shib few days ago
the daily volume trade caught my attention. there are simply too many people have interest in this coin. i see potential there :) better make this as a savijg account compare to fd at the banks
please dont track ... crypto is about being anynimous 😝
thank u... hope this work well
i cant promise, hope to hold it as long as possible, btw at binance this amiunt is being trade on every second... so i dont thing i would make much impact at all ... 😆
a little bit more than 250k i think
thank you but not right now, maybe somehwere down in the future i might 😁
thank you so much
thank you so much !!
thank you and amen to that
thank you for the support 💎🙌🏼
been working for over 20 years now 😆
**terrible, shibs performance so far is.** *-recentwhile487* *** ^(commands: 'opt out', 'delete')
sorry to brag bro 😅... i started crypto a few days ago, i posted in this forum my first purchase of 1m shib, then 2nd purchase of 130m shib, i did post that here too 😆
1 of my main reason for choosing shib is due to daily trading volume at binance, with that huge volume, i can easily cash out, if i would ever in need of cash, in just around 30-40 minute and all the shib can be ringgit again :)
amen and thank you
the reward outweighs the risk if and when there is a reward. putting everything you have is not just risky, it is suicidal. for ops sake, i hope it does not drop another 50%. they said they could pull out whenever, but all it takes is one night sometimes.
yerp, 1st i took a significant risk 😆
burn it? i dont have the heart for it yet 😥, this is a lifetime saving account 😅...
what do you mean by burn? if i may ask?
thank you for the support 😁
amen ! thanks for the support 😁
wish me luck 😆
thanks for the support 💎🙌🏼
at least he is taking risks,not like you sitting in your pc laughing at other people faces.
yes it is 😃
also let us know when you dumping.
absolutley!! i risked and still risking every day not only on shiba but the way it looks the only winners are early buyers to say this some of us will make money but not 💰💰💰💰💰💰💰 good luck to all!!!!
the chances of this happening are low sadly:(
itll never reach .01 there are just too many coins in circulation.
be careful talking like that around here, i did the same thing and got shouted down by the fantasy land investors
if i have that much money to put in i would definitely do it with shib.
its a joke dumbfuck
only on pancake swap and bitmart
safemoon.net has a really good video tutorial on buying it
buy on trust wallet
safemoon penalizes 10% of coins when you sell. shit coin indeed
buy on trust wallet through pancake swap
i'm not afraid. i was afraid when doge was .0004. i would not sell until i retire.
might need more 😆
bitcoin got a lot of pushback when it first came out. people viewed it negatively and look where it is at now. you have a better chance of making more money with crypto than winning the lottery.
that makes sense. i have been thinking about investing in inu shiba for some time my self but haven’t pulled the trigger yet🔫
i did notice that the shiba coin, altho small in value at the moment, has quite a good standing on the market cap. based on your mentioned daily volume trade, what do you forsee in the foreseeable future?
244,279.68 if you speak in usd
lol ... around there i guess
and it’s easy to cash out on binance? like you just keep your coins there and then what? do you have an external wallet? i’m still trying to figure all that crap out. i’m on crypto.com but there’s a . if it gets to .01 i’m cashing out and reinvesting in a regular brokerage account.
i'm in binance as well, if one wants to cash out, will you just convert shib to usdt?
yes, but when do you need to cash out a big part of your life savings?
keep holding i'ma hold with you ill see your on mars and buy you a lambo or two
bro don’t burn a whole lot...but maybe 5-10 million...and i’m saying that only coz right now your a shibawhale...but i get yo point...let’s hope for that magic 0.01 soon
i have 30 mil so i hope you do as well as i do.
funny! taking a chance... this isn’t even a chance... better odds playing the lotto. there is so much coin left to dump on the market it’s insane. i’m not trying to be critical of anyone just showing the actual numbers here...
it gona be 100million soon . how to get 1million in the first place? teach me 😆
absolutely! i too got into shib recently and i’m going mostly all in on shib. safe moon is my other coin but shib has a better potential
ive been waiting a long time to be able to invest early like with shib and safemoon. i was jealous of seeing everyone else get in early with btc, eth, doge, etc and make shitloads of money. it’s our turn now! hopefully we all become rich from shib! (im aware the market cap is low right now but that’s why we hold for years)
if you have 10-15mil shib you can still make hundreds of thousands or millions if the coin reaches only $.01-.05. i only have 15mil shib but that’s still a shitload when they’re worth a cent to a dollar per coin. when it reaches $.01 people are going to be spending hundreds or thousands of dollars for just a fraction of what we have. i invested in doge and btc and could only buy a small amount so i was looking for a new crypto where i could buy millions of coins for a small amount of money. then i found shib and safemoon and now all i have to do is wait and hold.
that’s fine. i’ve only invested a little bit of money and if it only hits $.0001 i’ve still made a profit.
that’s fine. i’m cool with $.0001
if you have that much money, why not btc or ethe ??
can you buy directly on bitmart?
still a factor 1000 more in value this dogecoin when they started. secondly shiba has billions of more coins as doge. thus meaning that shiba can never so valueae as doge. but i will keep my 170m cpins for now 😉
stop it bro!!! or throw some cash in safe moon.
i agree with you bro, i was one of those guys who rejected bitcoin a decade ago. dang, i just start crypto a few days ago. 😆... should have started a long time ago ...
i feel the same with safemoon. but i bought some, with money i don’t care to loss.
dont rush like me. you would still have time. it will be some time before shib will fly significantly higher :) all the best bro
hi, thank you on your kind comment. here is my opinion, with this high daily volume and also transaction numbers, it will soon catch the interest from other main crypto marketplace . the exposure on these new platforms, will mean more shib holders and traders. this would most probably will help shib value to increase further. at binance for instance, shib current price is at least 100x cheaper compare to the next cheapest crypto (win). for me, this means shib have room to winggle upwards. even if it increase 100 folds it will still be look upon as a ‘spare-cash’ kinda investment. with that being said, price-wise i think shib would not move much this year. by end of next year the support line might be 10x from current level, wobbling around 0.00007 to 0.00008. this is subject to shib being available to more and more marketplace risk-wise : the main risk would come from possiblities of rug-pull . personally, i have no idea how to counter that 😅...
he did what? he put in 244k into this coin???!!
binance have a p2p format, so my plan would be something like, trade the shib to usdt and sell the usdt via binance p2p. its quite convinence for me. 0.01, that around 5 to 7 more years, still have time to prepare and strategizes good luck my friend 😁
💎🙌🏼 all the best to both of us !!
bro i know that is kinda hard that the coin will reach these numbers like 0.1 or 1 etc but how do you know that there is not even a chance ? are you a crypto expert or something? oh and btw the numbers are not always showing the truth. and is always better to take a chance even where all the odds are against you than doing nothing.
i’m using binance, only got shib here, no safemoon, so it simpler for me ✌️ i wish both of us best of luck. to the moon 🚀
nothing left but hodl my friend and look for new opportunities the mastery is to catch a project right at the beginning when it is on with bunch of zeroes and buy some billions of them then tada! tada! yeah so i would not forget all this donated shibas too as soon as the price will go up they will start unloading them i certainly hope that the money for india will go to their needs not to some people to buy more gold chains and etc...goid luck to all shibs!!!
a dollar for shib? do you even know what market cap is or?
yeah great buddy but it will not reach .01 or .05 and forget (unless they burn shit load of supply). but let’s see
we need to have a talk about market cap.
your math doesn’t check out... .01-.05 with 15mil will not get you millions... max 750,000 with the numbers you gave... perhaps it’ll go higher, my fingers are crossed! i’ve got 100mil and hodling for as long as it takes to make me filthy rich so i can give most of it away
it can never be 0.01 be realistic, aim 0.001
i need at least .06 to set myself up.
i sometimes imagine if it reaches 1 cent i would be a rich guy
you’re welcome! good luck to all of your crypto adventures :)
not yet, you will need to buy tether then swap for safemoon
trillions more than doge
only doge is constantly adding coins indefinitely at rate of billions a year. shiba inu as far as i know has a fixed supply. while it is a lot a great deal has already been burned. there are also possibilities of more burning and but the more likely thing is greater adoption. the adoption rate of people coming on board is growing. a catalyst could get this thing to .005 or close to .01. figure this is world wide . there are risks and possibilities here.
we are still at this point early compare to the rest of human race.
i also remember looking at bitcoins 10 years ago. lots of controversy back then. hell, people died! it's a lot different now. boomers need to educate themselves, get in and hodl!
i miss out on the safemoon boat 😅
thank you for your time and input my guy
nice thank you for the info and good luck to you as well:)
ok... it might... like wining the lotto there’s always a chance... i was very interested in this until i saw the total amount they are releasing... there’s going to have to be like a billion percent increase to make real money off of this. this is no where near what doge or bitcoin or any of the other tokens are supply wise. you’d be way better off buying eth or eos or doge with this money - much higher chance of making some cash. the experts are saying buy leash or anything else... there’s simply too much shiba supply that will be dumped into the market to allow it to go anywhere.
screw the moon. that was for doge. shib is to mars haha
someone said this about doge this time last year.
the market cap changes. i never said i was expecting to make money instantly. if it takes a few years or 10 years that’s cool with me. i bought thousands of doge at $.03 and then sold most of them when it was around $.60. doge is a great example of everyone bitching about how the price will never go up and how it’s impossible because of the market cap and then it hits $.70+
many people do not seem to be able to even understand this concept. makes me wonder how they were able to earn money to invest in the first place
,1 is enough 😎
i mean there were lots of people who said doge couldn’t ever hit 1...
where can we buy safemoon?
well it’s not going to happen over night. i expect it to take 5-10 years so hopefully it works out by then. worst case scenario i sell for a small profit instead of a huge profit. i’m invested in multiple cryptos so it’s not like i’ve put everything into this
wouldn’t the market cap change over 5+ years though?
same. 274 million, and counting.
i was off by a cent. at $.06-.07 it will hit a million and that’s if i don’t invest anymore in the next few years and i only stay at 15mil shib.
i’ll just aim as high as it goes. it’s not like it’ll happen overnight. that’s why i plan on holding it for years
10 times more in value would already be nice. 100 times would be cool and a 1000 times i am millionair. the last is what everybody dreams of.
no you did not. it has over 2 million holders but the price is still at .000005
i agree with what you are saying. but you never know in this life! and sorry if i offended you for any reason did not mean to.
mars it is 🚀🚀🚀
haha sure pls compare market caps from doge a year ago and now. it’s realistically achievable. if shib wants to get to 1ct the market cap would need to increase by over a thousand. that would give shib a market cap of 3 trillion dollars. that’s impossible considering even bitcoin had trouble breaking the 1 trillion dollar mark.
if we weren’t retarded, we would never had invested in crypto.
it is the biggest sign were in a bubble.
i don’t own sm, google it 😅
that is most definitely *not* the worse case scenario
its not available at binance in malaysia. and i assumed i missed out on it 😆
what's the daily trade volume of safe moon?
perhaps you haven’t lived enough of your life yet to understand that the list of things that were once deemed impossible is shrinking everyday.
why did you invest money into shib if you believe it’ll fail?
download bitmart and buy or swap for usdt
so when do you expect shib to hit this market cap? do you realize 1 dollar would take 300 trillion dollar market cap? 1 dollar is impossible unless we ditch fiat currencies all at once and just trade shiba all around the world. let’s say shib hits 1ct worth and 3 trillion market cap. that would be realistic in maybe… 10 years. 50 million coins would give you 500k. 500k in 10 years have maybe 40% of the buying power that 500k nowadays have... i’m not a hater. i have shiba too but i’m trying to be realistic here and i don’t want people to have false hopes. also realize shib lost 3x it’s worth since 2 weeks, we need to pick these people up first before we think about 3 trillion dollar market caps not even btc can reach 30% of
i didn’t know all of that before and i invested because of the fomo and i thought it will hit
i’m out of capital right now tho 😅 but thank you. will keep this for next venture 😁
i couldn’t agree more! i am rooting for shib as much as anyone, but you have to be realistic. people try so hard to get rich that they lose touch with reality. make a little here and there, and that adds up. diversify is the name of the game.
i’m thinking more like .01
agree that it is unlikely to hit trillions market cap. i've been in stocks for a year now tho and my portfolio is only up 50% (bought in the crash last march), at least crypto gives you the opportunity to make more than the standard stock market investment would. definitely feel like ppl's expectations are a little thistorted by the recent high-profile gains from gamestop, and others. like expecting to have 10,000% returns is a little misguided, especially depending on your timeline. however, inflation over 10 years would not erode the value by 60%...it averages 2% a year, compounded over 10 years is about 22%, however, currently inflation has been lower than that, so you'd have at least 80% of buying power in 10 years. which, based on what you're starting investment is, is still a tremendous gain. do you think shib will still be around in a decade tho? what are the actual uses other than being a speculation tool? it's not like a currency that will be used to exchange goods and services, right?
me too. i figured i missed out on btc and eth and looked for a newer better version of doge to get in at the beginning to maybe be able to go to the moon with profits so i bought ,600,000 coins!
then just sell it right now if you’re that confident it won’t go any higher.
that’s what my calculation is all about 1ct = .01 = 3 trillion market cap
i just need it to hit .01 or .001 ! anything above that i really don’t care.
inflation isn’t the only thing bumping prices up. in the 90s a million would buy me 3 properties of decent size, 3 beautiful cars and a nice house on top. nowadays where i live a single 2 room flat costs 700k, a really nice car costs above 70k too so there is that. things just got more expensive. just look at phones. 5 years ago the newest iphone cost what? 600? nowadays it’s almost twice the price. same goes for groceries and gas.
yeah i was searching for new cryptos since i was jealous of people who invested really early with btc, eth, and others and have made a shitload of money. i wanted to get in early on a few just in case they pay off big in a few years
that’s why i only invested a small amount of money. i’m not using my life savings and selling all my possessions to buy shib like some people. i don’t put all my eggs in one basket which is why i’ve invested in multiple cryptos and stocks. i make at least a ,000 even if it only hits $.0001. i’m not worried about it. i’m just going to sit on it for a few years or more and see what happens.
call it whatever you want i have both
can’t we just get along?!!
posted about rooting for shiba and doge on doge platform and they deleted my post. 🙃
i have doge and shiba. buy guys don’t miss out on kishu inu. they all over billboards in ny time square.
i have both, but you have to realize, they are totally unrelated. every dollar that comes to shiba ios one that didn’t go to doge
i have both and hopefully we can all let the doggs play together.
this was a good meme, i enjoyed it very much
could it be bc shib says dogekiller as the mojo in its own website? we should push for them to change shib website
isn’t shiba nicked named doge-killer?
after talking shit about doge and calling yourself the doge killer...i’ll be riding on the doge rocket 🚀 do only good everyday i have both too...lol
in my wallet they are 🥰
i thought this group might be interested in justice token (justice), with all of the talk about ethical crypto lately. they are a cryptocurrency project that donates money to social organizations each month. the holders of the crypto vote on which organizations receive the money. seems to be rather fruitful as an investment as well: low market cap, low total supply, and up ~50% in the last 24 hours.
i am trying to learn how to buy shiba and did a smart chain bnb to shiba token address using pankakeswap. it shows transaction completed success on pankakeswap but doesnt shows on trust wallet app. what do i need to make it show up? or will it be voided after a while from doing bnb instead of eth swap?
when you know you cannot kill doge so you want it to be your sugar daddy!!! i still like shiba tho, bogdanoff pump it !!!
yes,i support all cryptocurrency and hope it does well for the future.i hold both and others.
hey everyone 👋🏾 i hold doge and been trying for like 2 weeks to get in on some shib but binance is on that bullshit
agree diversify, i have bitcoin, ethereum , ada,steller, dogecoin and now shibaincoin.
yes friends, i've got money in both!!!
i got both i’m here to make money i’ve already made friends
i have equal amounts of both and interesting to watch the fluctuations but i think i prefer tbe shib concept
we just work together
lol, i just watched that episode yesterday on netflix.
dogecoin to the mooon friends.
4 mill shiba today
this coin is centralized crap, with 1 person holding 45% of the supply. that one person can dump on us more at any moment. facts...
i love dog. imma collect all dog coin🚶‍♂️🚶‍♂️
traded doge for shiba. i do not advocate cheating on a partner 😁
you need hak .inu
i have both. and 3 real live dogs at home. so hey i have room for one more dog coin. 🤪
than you need alaska inu, still super early. i started a fb group of anyone is interested [alaska in](
not when your whitepaper says you are doge-killer lol
i posted this same post on doge reddit and they have their pitchforks up hating on shib
but isn’t shib calling itself the doge killer? just saying, maybe we should take a look at why some doge peeps don’t like shib. personally i hold both and i like both communities.
i have 1000doge 7m shiba 10m dogelon 30b kishu it ait much but hopefully they will give me some profit!
i’m trying to purchase kishu on uniswap but am getting an error. help!?
we don’t do that here.
well yes it is, i feel like they should change the doge-killer attitude, it was initially to get publicity but i think they should remove it.
its the creator’s fault. the dogecoin community think we suck. i am a mod from r. today i announced you can also beg for shiba inu. i only got negative responses...
sure, you have doge and shib, but do you have hoge?
no shit, the coin was called the doge killer what were you expecting 😂
i mean shiba literally came out saying its the dogekiller 😂😂
then that makes total sense. when i first bought shib i posted on doge but had no idea of any beef.
is kishu hard to buy like that safemoon crap? i can’t figure out how to buy safemoon i’m getting an error message in trust wallet when i try to swap for smart chain. sucks:/
that’s the way brother. diversified! 5k doge,30mshibs,100b kishu.
where did you get dogelon an kishu from?
trust wallet used uniswap. still very early in the game to make some great profit. all the best
pancake swap, google the contract address for alaska inu, use trust wallet. buy bnb, convert it to smart chain and when you open pancake swap go the upper left corner and switch it to smart chain. when you are about to convert your smart chain, use the contract address in the search bar to look for alaska inu. good luck and i have a fb group you can join it’s the first alaska inu group
check it here and here is also where to get contract address
here's a sneak peek of [top posts]( of the year! \: [will be buying ,000 worth of doge coin.]( \: [1 upvote = . get this to the front page of reddit](/)[242 comments]( \: [100 upvotes i'll give 150 doge coin to a few people]( ---- ^^i'm ^^a ^^bot, ^^beep ^^boop ^^ ^^downvote ^^to ^^remove ^^ [^^contact ^^me]( ^^ [^^info]( ^^ [^^opt-out](
same here until i visited the website and it says there.
got kishu from kishu.finance and dogelon from uniswap
what's its price rn
bro i was about to flame you hard lmao
yooooo i was about to revoke your cookout invite 😂
got me in the first half ngl 🤣
don't scare me like that 😂 you had me worried
i got rick rolled
i will buy more eheheh
it always drops sunday monday it rebounds
who sell on a low?! that’s a doggie house financial plan
brahhhhh you got me lol
i wouldn’t. i would hold it if i were you.
wow almost had me😂
is this joke going to be a regular event now…
if you r selling, don’t advertise and get on with it... better hold til end of this bull run ... otherwise you might regret big time ... imagine the guilt
i see a lot of people thinking i actually sold don’t worry i’m hodl till the brakes fall off
i hold over 4000,000,000 , bought at a good price, looking at the price now i feel like selling yet i am buying this dip . and vl keep duying , two choices 1.stay where you are , 2. have financial freedom.
he got me good. your a asshole... fuck you dick. sincerely pvt kloud <3 we got a comedian in the shib army...
yeah, i want to move some sol, dot and cgld over but those are down, too, and i made my initial shib purchase off their profits a while back. great potential with all. so i'm keeping diversified for now until 'll see where the market is and i'll allocate it similarly to what has succeeded.
hit it buhbuh! make some history!
that’s called a dip… buy
shib long going up from here!
i’ve just bought some
downloaded binance to see if i like it. anyone with a referral code before i sign up?
i was thinking about selling my ada and buying more shiba, if a real dip comes along i will do so
hold for 5 years at least
lol go head i’ll follow suit .😂😂😂
what about to call you a………... but took it back! 😉
buy low, sell high
don’t panic… it’s only a small resistance. we can see an upside of 500%
got us in the first half not gonna lie
anybody buying mana too?
429k petitions singed for robinhood. a think on a next week we can make it.
buy high, sell low is the motto
hahaha just saw the second line. i was gonna say buy high sell low is a great strategy…to go broke
stupid asf ... oh wait to buy more shib bet
paper hands. hodl, you’ll be happy you did. if not, bye felicia!
don't post shit like this it is going to trick people who do not open the post
hahaha, you got me too i was like damn, this is the best time to buy fuel the flame my guy
how long are you guys trying to hold on to this i put around 300 bucks in
shiba to the sun
you selling at loss, or you have some gains?
lol. oh you filthy bumhole.
i almost lost my sht reading the first half lol
don't sell...send it to me. i will provide a safe loving home for it. i take in rescue shiba🤣
just copped 100 more
never seen a fat guy click so fast!! i was like wtf, this fool trippin!
way to go man!
you got me i gotta admit.
i sold at .85, 90% of my shiba 🤷‍♂️
100m shib my goal...
dont you dare sell bitch boy!
just hodl, don’t worry, be happy
do it. we need more of this lol
very stupid to sell , hold hold hold
paper hand azz mofo. you gonna regret it... never put in more then your willin to lose 💀 smfh... is what i would have said
i only have 52 k doge. and 200 million shiba
ok. had to change my post.
shiba-inu has tons of supply of coin (549 trillions coin) so i do not believe this coin would go up like bitcoin. also if somebody hit jackpot when buying this at super low price last year, how can they cash out their money from surging coin price?
yes buy this dip im in on it too
had me in the 1st half
got 'eem!! and me, by the way!
hook, line, and sinker lol
i did that a week ago!
to da moooonaa 🐐🚀🚀🐐
you almost got me there
lesson learned, always read the fine print lmao 🤣
gonna fomo buy shib on the rumor that it cures cancer, that i made up right now
sold ada and vet bought 7 mill more shib
start your engines get ready for launch!!! tell momma and kids we are eating steak🥩 for dinner!!!!
you guys gotta stop this trend lol. hold 💎💎🦍🦍
seriously i was about to fucking snap.
that’s the reason prices are getting low
hahaha bought shiba two days ago. is it late?
lmfao. good one! sell! ima buy your bag you dump! thank you. :) this is the way!!!
lol i was thinking to myself this guy is crazy selling support🤣
i was about to come in swinging 🤣
i’m waiting for it to hit .0004 again
go ahead!! you’ll be crying later
still sideways... keep hodl .
which is the best platform to buy it?
look at this consolidation! loading up for next take off
my bad everyone. you see, i have a superpower where whenever i try to sell my cryptos as prices are falling to save my gains and rebuy at a lower price, the crypto skyrockets minutes later and i lose more than i could have gained. since i have been holding, that would explain why shiba has been trading sideways lately
lol good thing i read the second line 😂🍻
ohhh, you... you got me.
hold up let the pump come then we can sell
damn… i was going to suggest selling as i was prepping to buy!
asm crypto is outperforming this meme big time
don’t sell, just wait for robinhood to add it 🚀🚀🚀.
you got me 😂
clown 🤡 grow some balls buddy. we ain’t even down a lot oops. you got me lol
never gonna give you up never gonna let you down
bro i was gonna say some bad shit to you 😂
paper handed bitch...diamonds ball this coin .!!
my blood was boiling…
don’t sell major break out transforming!! it takes time but trust me huge things happening by mid december. short spikes long the way so don’t sell.
well i can buy at 0.000055 and 0.000045 and 0.00035, not selling ...i bought 24 millions shiba inu s at average 0.35
my only regret is i do not have any money at the moment to buy more. not unless someone wants to pay for pictures of my hairy toes🥸
just bought another million shiba. thanks for the dip!
you can sell if you want but i’m here for the long haul
shiba and dogelon mars baby 🚀🚀🚀🚀🚀🚀🚀
you got me on that one!!!lol!!!🤣🤣🤣🤣👍👍👍👍
why not buying more!?
you got me lol
i liquidated a grand of stocks and crypto invested half so far! actually a good idea this grows faster then like anything else
they had us in the first half, not going to lie
i was about to say this guy never heard of 💎hands!
they had us in the first half, i'm not gonna lie.
i'll redact my down vote 😒
i figured as much.
well than that means it’s time for the night shift to buy
buy mana and shiba
i could not believe why shibainu have so many header :)
i feel like we are on the dip. this coin is still at a bargain. investing in 10m a week. 💫
i put all my crypto into shibby last week.
people will see the headline without clicking and panic. stop inciting panic for the newbies. 😒
😁🤣🤣🤣🤣 that's was the best
you had me in the first half i’m not gonna lie
take my upvote you shib loving maniac
good time to buy more shib. hold for 2 years.
even with the drop, it was still a damn good week
how many tokens are you selling?
you silly goose, you got us
he had us in the first halt, not gonna lie
you had me in the first half not gonna lie 😂😂
go ahead then the price will go up!
some of you truly have paper hands. this is crypto... it will always fluctuate. shib is the best option for the no wealthy to join the club. runs in the ethereum node blockchain a, other dogs do not. has limited total availability, ok there dogs do not. has a guaranteed burn rate of 3% other dogs do not. has long term plans, other dogs do not. enhances the market, does not detract from it like other dogs do. and there is much more. bottom line, shib has more growth and stability in the long run than any other dog coin ever will. buy, hold, buy some more. there should not even be a thought of selling.
i was about to report this post as "self harm" until i read the 2nd half
i was like ikyfl hahahah 😫😂😂
bro got a spot for me 😂😂
never gonna let you down
am i the only one that likes to replace "never" with "then i'm"?
op is a shit post but yeah, hopefully monday will skyrocket with a rh announcement.
buy high, sell low. this is the way…to lose money 😂
read the second half lol
i did. worse mistake i ever made. hoping it goes lower so i can buy back the dip and do not feel so bad
sell when it’s .01
i bought wayyyy back when it was .000032 and iw as in the hole for the longest time should i still hold or sell wait till it gets lower then buy back in?
this is how you fight the fud tbh
you did not read the description
i sold all my butcoin at
i sold my doge for shib! now finally making money
you need to read his entire post
patience will make this rise possible ;-)
hell yea! already sent 💪🏾🤙🏾👍🏾
never gonna turn around and desert you
more specifically, it is the way to give money to those who buy low sell high! (and long-term-holders!)
wait, i have been doing it wrong?
that's the right way in wallstreet bets.
buy low and sell high like so many already did
we know! we just saying who’s selling low
you should do it as you said
maybe your bitcoins ...
lol fuck you too...
why would someone do that?
never gonna make you cry, never gonna say goodbye, never gonna tell a lie, and sell you.
ah, so it is a charity then, i'll be sure to have the tax man write off these ~~losses~~ donations this year 😈
if you follow the lead of some of the shib buyers, yes, they will make you think that is the way, but you know it’s not the way. buy the dip if you can.
we've known each other for so long your heart's been aching but you're too shy to say it inside we both know what's been going on we know the game and we're gonna play it and if you ask me how i'm feeling(bullish) don't tell me you're too blind to see
i will try! thanks!
we see this behavior over and over again. i first got involved with . the spike in january had me a bit flustered but i was confident we would continue to see growth. following a consolidation period of just shy of a month, yet another spike occured. . despite the temporary drop from vb, i really believe that we will continue to see growth with . i thought i would share this, as i've been looking at this exact pattern for months, in the hopes that it would help some of you come to terms with what is going on.
i’ve been investing in crypto for a while and learned to not panic. instead of getting worried and selling now that it’s dropped to $.000013 i just decided to buy 10mil more.
i think we are in great shape right now. check back in 5 years, and ask how we are doing.
that’s a nice chart. limiting factor for next high would be market cap tho. from current mc i’d venture to say if we get another spike we could see a 1000-1200%. don’t think we can overtake some of the larger cryptos in the space tho
lost half of my shiba bought at 000029 now its. 000013. guess what i did now to punish my self? i hodl and bough even more!
let's not forget we did not have a whale like vitalik dumping , that is the real reason for current drop
everyone needs to re-post this on every social media platform out there! thank you for this chart! awesome. i’ve got 620, million shib at .000002 and i am holding for a penny.
these are the good shibe vibes that i’m after thank you 😎
to sum this up, buy the dip, hodl and spread the word. patience = rewards.
i'm new and it has continued to go down every day i've bought it. only reasonable thing to do at that point is to buy more!!
bought 2,000,000 just bought 4,000,000 more with only didnt sell, let’s hodllll!!!
i have seen arguments being made that the supply is so high the price could never increase in any significant way. any thoughts on this ?
someone knows why the price fell so much today ?
cool. got 9 days to build
cause of market cap it is impossible to make such a huge spikes again. yes, it will grow, but slower.
buying opportunity for me, i’m buying more
🤔 i think there’s a trend here 🧐🤩😍
good chart, let the weaks hand leave. when all are gone,, we moon. ;)
much analysis such wow
any idea when the next spike might be if you had to guess?
bought more hodl baby hodl!!
maybe we will get lucky and have a 90% drop. i currently am holding 117 million. if we get back to those earlier numbers. i will surely double down.
i put 16 mill in the crypto.com 3 month plan so i'm in for a bit lol
we are holding shiba
nice, thanks for the post 👍🏽
the amount of market cap required to keep this pattern going does not seem realistic. i hope i'm very wrong!
25 million and buying more... let’s go. hodl
literally saw this after i saw the sudden spike, well said, don’t panic sell, hodl and enjoy the ride!!
thank you for breaking this down! i am new to crypto, and this is 100% helpful. although i wasnt panicking based on the recent dips because i really dont have money im afraid to lose i can see why this could be scary! i did have minor doubts though so again, thank you!
calm everyone... dont panic thru the growth. instead, put that energy into making this brand, and the others you invest in, normalized like any other brand. bring it up in conversation to others that wouldn't normally think about crypto currency. i wish someone would have told me about investing in things like google or apple before people realized they cannot function normally without it. tell people about it now, let them act like you crazy tomorrow, and then pull up your new lamborghini this christmas. we have the ability more now than ever to make investments that are the next generation's future. shib & doge are still brand new and next generation crypto. diversify your portfolio and dont cash out when it looks like the end, just wait for new highs... must spread the word!
wee need more shit like this! i was literally gunna moon
which app you guys are using to buy shib in usa?
thanks for this awesome post. just a reminder for crypto.com holders you can stake on their platform as well. it’s not the greatest percentage but since we have millions it’ll add up. i’m currently in a flex stake but i might as well lock it up for the 3 month to gain more. hodling is the key and if anyone missed the doge train like i did don’t pass this opportunity up while this coin is dirt cheap.
just buy as much as you can loos... and wait as long as you can and you will thank me later =)
hey as an indian investor i have a feeling shiba can get to 0.1 is there anyway i can put in my inr in this coin?
fingers crossed for another big one!
10.000% would be great to see, then i’ll add a jet on my bike 🤣👅🚀
i will hodl this coin to remind my mistake.
buying through the dips= $$$
pump and dump and pumpdidump cycle?
give me a 5th zero. i dare you. i double dare you mf.
that's actually very reassuring . i was up 700'm down 250$, but after seeing the trend i'm a little less scared for losing the 250. as for doge... i'm also down. make dogs our currency! i'll buy a shiba and treat it like royalty if this gets to . fuck it .50 will get me enough to buy a house outright.
thank you for this amazing chart, it brings in hope, i am holdling!!!!!
i’m in ny i’m forced to pay high gas fees on uniswap and coinbase wallet but worth it
go to youtube live yes he really did it
i just pretend i lost or spent the money i invested, so many times we buy superfluous things just for pleasure. i’ll be honest i do live paycheck to paycheck with a full-time job and a side hustle that i use to invest. investing is about managing risks while trusting the process. better to say “i tried than what if”, i learned my lesson with other coin. now i regret being so scared, so stay away from the chicken little’s’ running around yelling “the sky is falling!” and enjoy the ride.
9 days 4000% is my prediction
funny i commented earlier on this post about hodling an not worrying. an boom up 2k in a couple hours!!!! to mars and beyond!
shib will soon be on doge's tail, holding.
bought some more in the dip... keep hodling
3rd week of the month is crypto massacre... that is when i bought that pizza back in 2010... all cryptos have dipped that week ever since then. you’re welcome. shut up and buy.
shiba inu is trash and it isn’t going anywhere
thank you for sharing.
definitely appreciate it. eases the mind. definitely still have faith in this project, but would love to see a decent % burned.
ill take t for 10000%
two excellent strategies, buy more of what you believe in while everyone else panics and turn off your phone. return when the dust has settled a bit.
that's my plan. while we wait buy some more along the way
very true. this was not intended to show future growth potential as previous spikes have been in the thousands of percent. but more to give people a better understanding that this is a highly volitile coin that has frequently lost 60-90% percent of its value. i'm optimistic about an increase of a few hundred percent. and the maybe a slower climb upwards. only time will tell.
how bout that market cap now?
not entirely true. from ath, shib fell about 33% over a 2 day period before vitalik tranferred anything. afterwards, the price recovered in a matter of hours and the downtrend has actually decreased in speed since. i'm not trying to excuse what happened, i think we were all taken by surprise and are a bit nervous about the consequences. but just needed to state the facts.
vitalik just burnt 40% of his shiba
damn. i wish i would have bought in when it was that low, but luckily it’s still only $.000013 so anyone can buy millions for barely any money
i just repost on 3 facebook groups.
thank you. a lot of panic, which i understand. but sometimes looking at the big picture helps.
thats the spirit i went from 35 million to 102 mil in 24hrs! get it while its cheap only way to make this grow and your profits to grow! just sayin
i would thisagree, just look at the price of it now. shib has managed to climb the ranks in record pace, despite the supply. i believe it even hit no. 19 or so on cmc for a while? it shows that there is potential. while i think shib has found a good spot ranking wise i do believe there is room for continued growth, escpecially as the market as a whole grows.
this is what i would say to those ppl! shiba is coming with shibaswap that alone will drive the price organically. youll be able to stake your coins in return for more in which will lower the limited supply. whales could stake a shit load of coins and that in turn would help lower the circulating supply. its limited not unlimited remember that and you can take this into account that vb could stake a percentage of coins as well!! this ecosystem will be like printing money!!
because people idolize elon musk too much. he makes a tweet and the market decides to panic. that in turn drags everything down with it. sadly.
might be more. it's just important to aknowledge that this is the trend shib has followed. not necessarily an indication of future performance though.
that's correct. next spike would not be anywhere near the same range, but there is still room to grow.
i've seen many shib moons so far. i'm still holding
i have no idea to be honest. with the market downtrend now it is getting even harder. my personal hope would be 2-4 weeks. but that hope not a prediction
that's the spirit! no one knows, that is what makes crypto exciting sometimes
by no means will the pattern repeat when it comes to the % gains, that would be unrealistic. but a few rounds of 100% gains is not out of the realm of possibilities
posted this earlier in the day, not knowing what was going to happen. couldn't have predicted this... hodl!
we will get there, just needs a little more time.
crypto.com use my referral link to sign up for crypto.com and we both get :) you get free transaction fees for 30 days as well
yup, if you go through wazirx they have a shib
i just bought another 26 mil 🥳
haha! we're realistically looking at a few hundred % tops this time.
i can assure you i'm not. but hopefully you found the infographic helpful.
well said!!!! just bought more myself
lighten up francis. your anger just exposes that you're the one freaking out. take a chill.
can't deny the connetations, but we've still landed at a higher level after every spike. so there is continual growth.
well, vitalik just burnt 41% of his holdings, so you may have to wait long for that 0
vitalik also just burned 41% of his holdings
happy to be able to spread some hope in these times
i know, it really sucks. and they have only been going up for a long time...
this is bullshit!! shikokuaido is a thing but shikokuinu is nothing dont click this spam link! they will hack and steal all your crypto. have them banned everyone!
i just bought another 10 bar that will pay for my house in 5 years + i have in shiba wont do shit for me in 5 years - 100 000 000+ shiba will change my life in 5 years time.
even btc is a highly volatile coin that has lost 60-90% of its value on multiple occasions. 2011-06-08: -93 percent 2013-04-09: -71 percent 2013-12-04: -85 percent 2017-12-16: -84 percent
it’s higher than it was earlier 👌🏾
where was this reported?
plenty more to make from here if you hold! i made the mistake of selling doge early, won’t do that with this. patience will pay off!!
keep it up!! 🦾
writing in capital won’t make any difference lol
a quadrillion tokens might as well be unlimited. in the bio it reads that this token will do good if vitaly buterik does not pull the rug out from underneath it. it very well looks like that is what he did.
we still buying the dip for shiba tho right ?
bought xrp a year after its heights and held till now. bought shiba after a consolidation and 50 million today.
it's the journey i love. so many emotions playing this risky game. all i know how to do is research. pick my choice supported by the facts. invest, hold and buy the mother fucking dips. today i play with free money. so fat my strategy has been 100% effective. no lack of emotions thought. sometimes i think to myself. why do i put myself through this. answer is, because it is exciting as fuck. i love the people on reddit. doesn't get more exciting then this.
aye aye captain, operation hodl is a go! o7
unfortunately i'm not able to open an account under wazirx i was thinking i'd put in 350 bucks in usdt and then convert it to shiba
just giving the credit where it is due 🥰, and its quite inspiring to say the least
just being blunt! been it the crypto world since 2015. and seen a lot. trust me anger and emotions have no place in this space. you’ll get slaughtered going this route.
and from someone that has 1 karma... okay let me chill for real 😅
will be ready to load up if it does!
super grateful:) what fantastic news
and now more than ever is the price of shib tied to btc. just like every other coin. just look at what's happening now. btc is continuing to drag the rest of the market with it. that's just the reality of crypto and has been since the beginning. it's easy to look at shib in a vacuum.
etherscan, vitalik put a big description note on the burn order about everything
january 2021 panic sell with doge. not happening here with shib. 👍
haaaaaaaaa what was that?? burned 40% buddy boi
i'm hodling just around 3.5 million
it’s been a great run
that's also an option
yes. chill. you're showing your panic.
tons of amateur miners dive into the simplest mining softwares which default to bitcoin. so that’s the currency that drives their trading
amazing. i didn’t think he’d do it.
i did the same with doge and then in april they started the pump and dump. hodl shiba 41.5 mil and ride the wave
yes! he did! i'm stoked 👍🏻
damn we are 🔥🚀
me neither, it’s a blessing
how do you guys have so much shiba? i only have 1 million 🤧
all on shib!! shib should take up the entire crypto market cap! that is the most retarded fuckin ape shit we can possibly accomplish. you son of a bitch im in
just got 575m more
shiba got a serious gme.
you should’ve converted and use coinbase pro
why did not you convert it?
you won’t be paying crazy fees like that on pulsechain!! 😋
do it brother... it could change your life.
why would you use coinbase for such volume and not coinbase pro? don’t you feel the pin of the fees?
do what your gut is telling you to do
this man is doing god's work
proud holder of 13m coins
yes bro buyy. everybody keep pumping lets prove everybody wrong lets goooo
new to this shiba inu coin? seems kind of risky so i haven’t bought in yet🤔
i have like 1.5m shib, it’s not much but anyone who can get loads, get it while you can! reading through this post i wish i could help those in need but we have to be able to help ourselves first before we can help others
round it up to 435m and do not look at it for a week. gl
i’d wait…it’s gonna dump
you’re late. should done that at the start of this week.
sell more bitcoin and go for more shiba
wow! yea, go for it! if i the cash i would!
just go for it!!!!👍🤘👌💯🍾
just under 9.2mil and will buy more tomorrow!
check your dms please.
yes to the f-ing moon!!!
robinhood...really? tryna let them screw yah huh?
the real question is who uses coinbase anymore? those fees are just stupid.
can someone explain a little more about crypto, i initially started with a , and then kinda flopped. now that shibu is here i want to learn more. i don’t know how anyone could possibly have that much in shibu already it’s amazing!
robinhood? really? why?!? they do the complete opposite of robinhood!!! they steal from the poor and give to the rich!!! do you know this?!?!?!?!?!
i'll gladly pay you wen moon for a 100m today. 😂
dude is big post like that need to be upvote damm good job!! and...hold! :p i have 950 000... and im not rich for the moment :p if someone want to help :
oooweee! thats sperm whale territory! or humpback? i dont know whales
boy if you dont press buy rn istg lmaoo go for it bud
now i regret trading away all my shib 2 months ago xd. i lost faith in the coin in .now i have learned to hold no matter how bad it looks. did get 1.1 million shib today tho. im just hoping it keeps going up!
is shiba on robin hood yet? i just checked and nothing comes up
how are you buying on coinbase i’m in new york shits not allowed
i’ll hold until .50.
whoever wants to help me with some shiba, that’s my account , just had a baby boy and i need him to be set for the future
damn coinbase is making a killing on these transaction fees…
45 million over here. holding until we hit the moon.
dang i've been trying to get to 10 million, but have stalled right at 5. next paycheck though getting there 😎
while i applaud you sir...you're an idiot
people on here are so kind, it makes me actually cry. i hope everyone gets what they deserve. and i hope everyone has the best day they can
i got a little bit of shiba. i’m in.
i bought more during the pop to help the cause 112,000,000
just bought 1m shib, lets see what happens!
that’s a lot of shibby…
i got 15 million
is anyone else having trouble purchasing shin on crypto.com?
yes sirrr keep pumpingg
i’d let it fall first. bad idea to buy around the ath
hope you pulled the trigger...
don't be paperhand mates. hold it. it to . 01
let me see that confirmation
i sold my car done all my bitcoin i cancel my ethereum because it’s state but i bought 1 billion sheba two weeks ago
that will be 100k by end of the month.
i tried hooking my coinbase acct to coinbase pro it didn’t transfer my coins. i have 15 mil coins anybody know how to do this. i signed in with same info
i'm holding shiba so i can have a safe roof for my family! please hodl 🙏
hodl!!!! at least until .1
just dropped . .
nice move but coinbase pro would have saved you \~. accounts are interchangeable and could still have been funded with rh.
get coinbase pro for the feeeees
got 16 mil 🤑🤑🤑🤑 more pls
fu*k it, at least i can say i own a million of something 🤷🏾
dangg wish i had that amount in my profile hope all good luck with you 🍀
you should be buying that amount on coinbase pro.
just bought 😁 hope it all goes well. to the moon!!
i bought through crypto.com is it safe?
man seeing these numbers are insane my friends finally convinced me to get on the train, time to stop blowing my money every week and start investing let us get it!
i just but 4 million shib first timer lol
hey guys just wanted a quick answer, i want to get into shiba with my last . where can i open a wallet to keep it safe, off exchanges. thanks guys!!
is crypto.com down? getting log in error
my man flexing with 434 mil haha. nice mate. i guess i'm late to the party. i ll hope to hit 1 mil this week.
i would not do it 😂😂
it’ll be a big deal for me if i even reached 100 mil. but oh well i started just a couple of months ago. putting in whatever i can every month. hope 1 day ill be able to reach 500 mill as well
i would if i had it 110 million share myself holding strong untill at least .01
help out the shiba army!!! 🌚🌚🌚🦾🦾🦾
this is not a good time to buy….
i just wish we could buy through robinhood
anyone have a referral code for crypto.com?
hey there, i am new to crypto. any idea why the shib price on my coinbase is 0.00001716? it's over 2 everywhere else?
well i would say you had to wait cuz well you we all dont know if it will go further than moon it could be great idea 2weeks ago when it was low🤔but well decision what we make makes us loosers in one moment or richer and smarter...best of luck man👍👍👍
bad baby dino nft
ill double whatever someone sends!!! shiba to the mooonnn!!!!
can anyone send me little bit of shiba? i have only 900k.
anybody to gift me some of the shiba hmmm i beg
any help would be appresh. wallet info.
i’m shiba poor too 😭 wish i had gotten in sooner but i love this coin.
please send me some here
who’s giving away free shiba?
please donate me some i have shib here i cannot buy due to low balance in my bank just paid my college tuition fees. please
i will hold till.01. i have 2,400,245. unemployed and trying to make some money for the future.
i wish i could get that much shiba! i’m unemployed so have no money right now. :-(
i won’t do that
i believe the title states "sold some bitcoin to buy shiba" nuff said...
it’s going damn near 100% a day. can’t really go wrong right now.
depends how rich you wanna get. buy the almighty shib
hi. im new in crypto how do you convert slp to shiba? thanks
can i also have some please
yea its going to reach and pass all time highs this week
great! we all need your push and hold to get to the moon thanks
that’s what i did 15 billion shiba, got 32 billions shiba now, tothemoonnbeyond
i hope you went for it! 🤷‍♀️😜
this shiba army is amazing !!
sold bitcoin, 5k of shiba! let’s see this rocket past the moon!
i hope you did it
coinbase is rippng us with then fees
do you guys recommend me to buy shiba ? i will try to add ... i would really like for each one of us earn money from this coin.
good idea and be rich soon
i have about 500 mil but only paid 4300. i guess i got a deal
coin-base seems to stop working whenever there are big dips. i find this a little odd as it’s happened several times especially with this last sizable drop before rebounding.
this person already made !!!!
sad shiba noises but also happy. bought in at 36, was stuck at 70% loss on my only . at least im back up 90%!!! to the moon!
hell yea go for it
should b seeing nice gains right about now
yes you should sell all of your btc to go for it
hi!!! im new on this… how much could be my profit with 50$??? 😅 if somebody have extra shibas for share, please help me 😃
what a nice group... i am new to this. i got some shib back in may then just forgot about it. wish i would have bought more when i could afford it.
where’s best to get shiba so not as many fees and bang for the buck
i am pretty sure that nobody gonna send me millions of shiba, i want to join a cause but do not have money to invest because i am the long bagholder of some shitty penny stocks and paysafe, my address is below please feel free to donate shiba
help me reach 2 million shiba binance
i too am taking donations
i only have 1 million and cannot buy more, kids to feed and lost my job last year 2 weeks before christmas, back to school now, i cannot affort it... i wish i could buy more shib ! 😭
i’m not a financial advisor, but he’ll yeah, go for it!!
so i do not have much since i'm a medical student but i got that free bitcoin thing for creating a coinbase and converted to shib. what's the benefit of holding for a long time? new to this stuff.
these gas fee's makes me sick to my stomach! but welcome to the army!
🤬 im holding still💪💪💪🤞
i bought a million to start with my meagre earnings. let’s see where it goes. if anyone wants to help out much much much appreciated.
sitting at 5.6million rn not much but its something
binance doesnt let me buy shiba before here in ecuador when i wanted, and now is way more expensive , somebody know when gonna be low again ?
wanna be shibaillioner 🥳
sheesh i’m just getting into investing and i went for shiba put about 😭😭 i’d love to see it turn into billions !
all the info you need for shiba inu.
loving this shiba vibe
i only have 2mil shib i don’t wanna be that guy but i want to bring my family to a new life is there a way people can share shib please???
hopefully one day my wallet will atleast be a tenth of yours. great work buddy!
if anyone feels like being generous too me lol tia
buy in coinbase pro relatively cheaper fees
i’m a new shiba baby and i’m also in need of some milk.
anyone want to help out with my college fund?
send a wallet link, i’ll send you a couple million to help you along! showing appreciation to my fellow shibs that don’t have as much to spare, but have joined the cause! only condition: you have to hold it until it’s at least .01 - personally, i would hold higher though. woooo!
i put .2 million lol
vc tá falando sério que te mandaram alguns milhões de shiba? que legal!! que show
i cannot do this math. how many shares does .000022? also, if anybody could give me an eli5 on this formula i'd appreciate it.
i have 27m 🚀🚀🚀🚀
i bought like 46 million months ago for like
we have jobs? it's not expensive
ikr i barely got in lol i have like 2800
bc we bought at ~0.00000789
yeah i wanted to buy more but with the fees and the nearly impossible bank situation trying to transfer in funds in the us via cdc i had only managed to buy 2 million. it's been utterly impractical and thisappointing trying to lump it away in chunks like i had wanted to do given the headaches of trying to buy with cdc in the us. heck if i wanted to transfer it out of cdc i do not even have enough money to move it anywhere lol.
guessing this is a rhetorical question
you have one mil? lol i have 775.223 🤭🥲
i only have 500000
right! i got 2.5 mil and standing strong though! bought and have been holding for a couple months now
well i have only 300k😅😂
i have 1b (1,000 million) 😬
i bought some randomly like a week ago for dirt cheap. 1 million is like nothing though that’s like .
i got 7 mil. fuk shiba . it will never go to the moon. shitcoin. when i bought it -the coin crashed 100!
my funding is robinhood, buying on coinbase
a crypto with fucking 395 trillion tokens flying around. let’s get it up to a cent and own a significant portion of the global economy.
that’s the best post of the day. ‘market cap is too big ‘ f it i am in . i hear that excuse all the time. i am in and i am strapped in for the moon landing 💎🙌🚀🌚
shiba did get a serious gme *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i only use coinbase if i have to
my funding account is in robinhood and they dont have shiba yet
only funded from robin
i know, but had the money in robin
i will for sure
good point i will switch to coinbase pro once i decide
was just about to comment this... fees are insane on regular coinbase.
and it is nice to set buy orders at a set price, so you're not having to stare at your phone 24.
some tell me i am god 😂
thats what they told me about doge, i made most money on the high risk i took
this is how i felt when bitcoin first became a thing. had the opportunity to buy but i thought it was scammy because that’s what all the wall street guys were saying. i wish i’d just spent that money then. i won’t miss out on shiba this time. it’s so cheap so even if it doesn’t do anything it’s not much of a loss.
i has't ? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
if robin lists it its gonna make you money
i want to put 10k at the time so its easy for me to calculate dollars instead of coins, add issues 😂
what if robinhood lists it? it is gonna rocket
wow! yea, wend f'r t! if 't be true i the chinks i would! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
what do you mean, without roobinhood i would have this money, explain please
i am, just gonna switch to pro instead
it’s on coinbase and coinbase pro
what do you mean not allowed 😳
if it goes to .001 am happy
i had a hard time with crypto, they froze my account, use coinbase pro
what if it lists on robinhood b4
go to your pro account and click deposit. you can select to pull from coinbase for free.
i dont it transfers assets but it is the same log in
i am holding pass .01
safe but a headache, it freezes too much
thats the worst app i used, just use coinbase pro
if robinhood lists it it is to the moon, i did that with doge and made it big
am thinking if it lists on robinhood it will go up and cant buy for less anymore
just use code: kuyjevs5jr in the app
waiting for robinhood listing of shiba
it’s going alas near 100% a day. can’t very much wend wrong even but now *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
coinbase pro for me
i can double the money for sure i think
omg really? thank you so much my wallet is
that's wholesome to see, kind of you to help a brother out like that!
brings a tear to my eye seeing this sort of generosity. wholesome asf
i spent . i am not selling til .05
i love the enthusiasm! and let’s all hold on until at least 0.1!
the king helping out us small fry who barely have a million to spare.
wow this is amazing
you are the fucking man…. i was sooooo glad when i saw this… jesus fuck so happy 😍😍😍😍😍😍😍
we bought at 0.0000077
you still doing this? because hell, i want to hold onto a decent amount until it hits at least .20, if not more. i'll hold for the cause regardless, 1.1 mil in! edit: actually nah, that came off rudely from me to just ask like that. you did a good thing and are an awesome person!
man that is real altruistic of you...got about 7 mil myself and that is plenty for me...i hope it really does get to .01 that would set me up for life ...will take a lot of burns but its doable i think. am willing to wait 5 to 10 years, probably more
supercool thing to do!
this is freaking epic!
shibagod are you still donating :)
the rest of us 700,000,000 shib traders will be sending our wallet address to accommodate your generosity you kind hearted sweet thing.
bruhhhh can you send me some too? i got absolutely shafted by safemoon, fire token, and robodoge, i put all my remaining “yolo” funds into shiba but it isn’t much 🙁
dang! i do not think [crypto.com]( has a way for me to receive any coins... looks like i'll have have to stick with the small amount i have haha to the moon!
i do have shib but only around half million 😔
omg can i get some plz i only have 5 mil
i only have 2 million
i could use some starting. all i've been able to do is use the free crypto coinbase gives out randomly. wallet is here. anything is appreciated.
currently unemployed and holding 2,400,245. i will hold till .01.
i’ll actually kiss you
can you spare some for me too? i only got 1m of it, does bot have enough money to buy more, and is willing to hodl
do you mind?. i'm holding forever!! to the moon!!
i’m personally burning some of my supply to help the community i burned 100 million so far i look at it as a “donation” to the shib army you can send some shib for the cause lmk for wallet address
help me out please 😂
send me like 5
i would appreciate it if you can send me some as well. i only have . thank you in advance if you do decide to send it.
can i have some??
y’all in here giving away shib coins ? heard from a crack head .
send me some i’ll hold forever
hey are you still trying to show an appreciation to your fellow shibs? i want to be like you guys, but couldn’t afford to get much.
much appreciate, will hold to moon🚀🚀
can you explain how it is possible to reach 1 cent ? a three x from here would equal doge market cap ? and still leave us with 3 zeros to eat. so end market cap would have to surpass even btc. surely there has to be massive token burn to even consider this price
i just have 1 mil shib in my wallet what price to hold out for
w-would you send me some too ^^ i have like 130 k :(
can i hab some shib
could i get some too?? i only have a million too 🥲
i will keep it to the moon🥳 shiba🌙
can you spare some more 🥺 when i get rich will return double
if you still want to spread the love homie? ty!
omg if you bless me with some shiba i will pray to the gods of shiba and hold until it hits 1 dollar or i die in the hospital
would you mind sending me a little? i just got hacked and lost 100 million shib. i trying to work my way back up!
= r, way too much money in brazil, sadly
siiim to muito feliz
you need to do 100÷0.000022= 4.545.454,54
but in brazil is not cheap, our money have no value, so unfortunatelly i have to choose if i buy food or shiba haha
it was cheap lol before it was >=
i have job too, but like i said before, i live in brazil amd my wage worth . you dont know the situation of poor countries so dont act like everyone has the same privileges
im not gonna explain again, but = r, in brazil its way too much money, thats why i cant afford
im positive and i know our lives will change
how does robinhood fund it?
i get it . enjoy the ride
download the coinbase pro ap. your log in should remain the same and fees are lower on coinbase pro.
that’s the only one i’ve ever used. haha. my first dibs in crypto. i use rh for everything else.
"coinbase pro" not just coinbase.
get webull, shiba is on there. or [crypto.com]( i have a referral for webull
damn so sad then
i keep emailing robinhood to carry it and sign petitions and letters etc… they seem to be pretty stubborn…but i agree if it does get listed it will go up some
until you see this meme coin go down 60% next week :o) but who knows, might go up 150% just as well! i wish you all the best.
without rh, you would have this money? what does that mean? are you missing a word?
fingers crossed. im gonna hold for years now
crypto is kind of banned in new york
that’s a risk you’ll have to consider yourself. just know that it’s guaranteed to go back down as it can’t ride an ath forever. my friend bought a bunch of shib during the last ath and was down over . i’m personally planning on buying another 10mil once the price settles down.
oh good, hard to tell because my screen is black on coinbase pro.
who is robinhood? cuz im new at all this😅
their wallet has this miner fee
pretty much. i've already more than doubled my initial , and pulled back that capital. now i'm just letting the rest of it ride... i've made enough on doge that i do not even think twice about opportunities like this.
or lose all of it when the market corrects itself in a week or so. last time shiba went up this high it dropped back to 6 zeros for 3. but its your money.
boom! 2,000,000 sent! let me know if you got it 🤗
this post made me feel generous as well. i just sent you 1 million shiba.
sent 5 million, praying for you brother!
wow that’s awesome! well done man! how do you even find your wallet address on coinbase? newb here
lucky! i only have 1mil too
just sent you an nft on opensea.io
what do you use to manage your crypto? does webull give me a direct wallet link like that?
plot twist* they are actually sitting in their living room with their shib capes on!
what are we playing … runescape ?! lmao
i have only 500.000 shib, i came too late and don’t really have a big saving. if anyone want to share some of there shib coins with me i will be very grateful!
yeah that’s the thing with crypto, richer countries with higher average salaries in proportion will be able to purchase more capital due to it having equal price around the globe
but its still cheap
shouldn’t have elected a dictator 🤷🏻‍♂️
yea by that time ill probaly be 94 yr ol
yea by that time ill probaly be dead
he would just transfer out of his robinhood wallet i or coinbase
u just link robinhoon checking account number with coinbase as a funding account
sounds like his bitcoin that was sold was on his robinhood broker account. sold on rh > move funds to coinbase > purchase shib
insigned too and made every family or friend do it too
no i switched it, thus shot was on coinbase you r right
whats a minor fee?
thats what am saying 👍
i remember that, for me its worth the risk, i made good money on doge by risking high
you are now the shiba god with that gesture. awesome
boom i love the love! one team one fight!
thank you so much, god bless you 🥰🙏
that’s very kind of you for helping her.
i love shiba army!!
you are a class act
your the man. i wish i had shiba to just give away. this is the reason i come to this sub. been on reddit 8 years and only just realized that their was probably a sub for most things. mostly used it for gaming info. 🤷‍♂️ shoulda bought more when i had the chance. only had the coins you get on coin base. can’t complain 53. paid for a meal or two thanks to that. keep spreading the love. $$$.
that’s one of the nicest things i’ve seen in a long time. thanks for that.
lol awesome i’m in the same boat i don’t understand how people have soooo much but i’d be to scared to even post my address on here
just being nosey reading comments while that is an incredibly generous kind selfless act. isnt kinda dangerous to post wallet addresses publicly just curious. since im new to crypto world
you’re a great person, i bought 300 dollars worth and abit of doge and i’m here for the long haul
bruh you wanna get me in on this lmao
can i get some!
damn man!!! shoot me a few mill 🤣🤣🤣
hell yeah lol just makes me sad you handed out exactly how much i have 🤣
help me out with some shiba. please.
hook me up i want to support the cause.
can i have 1 mil too. i have 800,000 shib 🤦🏻‍♂️
omg thank you so much
you guys are really nice
you dont believe me? im really poor, if you wanna see my bank account
thank you so much my friend, god bless you
sorry, but what is opensea.io?
that’s very true and got me in my thoughts. the only positive i can draw from that situation is that, yes, although those in richer countries and situations have the ability to buy more all at once…. the good news for those in countries with lower wages: a ton of people in “rich countries” still don’t know about it, don’t get it, don’t trust it and are still not participating. so if you can afford to get in a little at a time, and do it consistently… i think you may still be able to have an advantage in the long run** but accumulating when others haven’t even begun to consider it! blessings 🙏🏽 edit: (to add) ... this applies to folks with financial stress or low wage situation even within “rich” countries i guess 🤷🏽‍♂️ edit2**: spelling
yeah, my salary is , almost nothing
i did not vote him. 😡
yea but coinbase is taking crazy fees…. same with eth gas fees…. all these problems are fixed on the pulsechain when it comes out. pulsechain is a eth fork
you’re welcome, love! best of luck to you, and again, thanks for joining the cause.
no its not. your wallet address is public as soon as you make your first transaction.
just got in for 600,000! i’m late but what is time?!i joined for the community! love seeing all this love! keep hodl’ing yall🖤💪🏼
no problem! remember to hold!
it's an nft marketplace. a very popular one... check it out. if you link your wallet, you'll find an nft :)
the best investment you can make, is the investment in yourself. feed yourself so you can work for a better tomorrow where you can afford both. for what it may be worth to you, one random redditor to another. i believe in you.
at least you r trying
is that wage monthly? what does it cost for your living situation per month?
i will hold till moon
you are an excellent person
youre a great person. i’m genuinely surprised. thank you.
ok see these are things a noob like me doesnt know 🤣 ty for reply
i know it sounds weird but unfortunatelly its true :/
thank you so much 🙏🙏🙏
this is a nice thought, but you forgot about the whole brazil thing.
at least , but i have my parents, we live together, i help them with the bills
glaced at this and read it as "noon"
hey, so what ever happened to them billion shibs you said were stolen from you a month ago? and shit, you musta been buying for a while to build up a billion. i don’t even have a billion and i make american wages.
i've had ,000 deposited to my wallet this week, all scams... never try to interact with them, withdraw or anything.
i bought in the beginning with money i was saving, when shiba was worthing literally nothing. when i lost it all, o couldnt buy more than 1 million
and the good brazilian police did literally nothing for me, as they said, its kind of illegal
ty for being a wallet yoda... ive heard all horror stories of wallets being stolen. (i get atleast 10 calls a week from family and friends who dont own crypto telling about someone they heard got hit)
damn, nice everyone. i was only able to get about 4 mill more. up to 10 now
holding a few billions already just bought in the dip to support the community
it wouldn't let me buy until it started going up again but i still managed to buy 4 million for , now sitting on 14 million coins. my minimum goal was 10 million coins, my next goal is 50 million, will take some time but i'll get there. edit: fixed currency spelling
100 mill here. wasn’t able to trade on binance when the market was at its lowest. traffic error messages all the time
brought myself up to 75mil tokens.
yeah, i think we did, been buying all day but gutted missed the bottom dip
i havnt been able to buy shib or doge on binance all day. it keeps telling me there is not a client available
i missed it damnit!!!!! it was 0.0000060 at 6 am
i did. i lose less money on shib than scratch tickets, so why not!
8 milly and holding. i think i’m just gonna delete my crypto account and check back in 2-3 years 😂
bought another 12 m for 190 € or something, hodling at 27.892.167 until lambo 😁
over 100 million so far
i bought another 3m at .000009. i'm satisfied.
bought another 7mil on the dip!
sold my 1.1 billion and made . wish i had bought more, but very happy with my return last week. 👍
i’m hoping the dip lasts until friday, not gonna lie.
i bumped up to 8mil shib which is enough to do the crypto earn on crypto.com. so i've got diamond hand cuffs on for 3 months, earning 2% pa back in shib.
i tried lol cant swap for shib yet in coinbase they are making me wait 8 freaking days!
man i tried and got blocked til it was half way back up. still bought 3.5 mil
everyone needs to get to 1 billlion asap! keep up the great work!
so crazy so many people buying but price still dropping . just added 7m will add more my goal is1 billion shiba desire end of the month . i believe if squeeze happen all the rich apes will invest in shiba. so trying to stock up before the squeeze
only got 2 mill , also bought other coins
i'm buying all the coins when they will cost 0.0000000000000000
i thought i was buying the dip at .0000132. either way, its another 42 milly. i'll be one happy camper when this coin hits
i bought some 30 dollars, that’s how much i could
i am worth 119mil token of nothing at the moment and holding 🤣🤣🤣
added another 7m just to be safe. i'm running out of money after all these dips though 😁
bought 82m .12. it's currently at .10. that's what i get for jumping the gun. hodling 358m total, waiting for that penny.
i did! woot woot! hodl 2 the moon!
just bought the same 7m i got last week for half the price.
i bought 1.2mil. it is not much but it is honest work
i bought another 🤣🤣
just bought 10m more! up to 52m!
bought 97mil more. then staked 13+ million and holding 117mil+. to. the. moon. 💎🖖
i tried but fckg binance had ‘technical issues’. go figure!
i added 121 million. trying to get to a billion total coins but my bank is making that impossible. i will keep buying the dips. i doubt we will see much more from here.
53 million!! and holding.
picked up another 21 million today making my total 45 million!
just did! 35 mil and holding! 500. now its time to 💎🙌💎
yep just got 150 mils thanks for the thiscount with less money and more coins
didn’t buy anymore. not worth the gas fees. sitting on 154m shib, 102m shib in lp, 1.3 leash, 0.25 leash in lp.
i would've but stupid crypto.com is not letting me. 😩
37 mil now with the dip let’s gooo
bots did for me... im up 20 mil shib
sitting on 120m now. had 70m before but got 50m more around .0000075 ;)
i did not buy the dips cause i bought 14 mil yesterday. my goal is 100 mil soon!
i’m on 3 mil i know it ain’t much but imagine if that ever even gets up to 1 cent
couldn't help but to buy! hodl
you bet i did.
bagged 26k at 0.00001012 and joined the 50 mil club 😜
which of the many dips
went from 23 mill to 33 mil
bought another 13million at the dip
more at thiscounted price 👍
i 10x my holdings today. 📈🚀🚀🚀. long term hold for me.
go big go hard. you already know.
sitting at 60,000,000 my son is trying to entice me another 40,000,000…...
i think we all did lol. i reached my cap of 20m now just gonna hodl for a while.
i’m up to 15m shiba after accidentally ada low😑
crypto.com only lets me buy at 1mil max, anyone else have this problem or a solution?
bought 7mil more...total of 35mil
where can you buy shiba?
is the goal still .003
hey what should i buy with 80, ??
i want to buy mor shiba, and i’m trying to send xlm from coinbase to kucoin i just purchase 30.00 of xlm, and coinbase is saying i have nothing available to transfer. i’d appreciate any help.
i have no money to buy now, i want to get out of my life... wp the wants who bought!
40 million worth. up to 100 mill now and i started monday. lol
tried to buy a million during the dip and crapto.com took a whole s\*\*t on me. i sad now.
where can i buy shiba? did not find it on binance!
binance straight up didnt let me deposit money, motherfuckers.
i did, added 14m 👍🙂
where you guys buying shiba from?
5 m more up to 20m now
i bought more, we'll see... i am content with 3 mill more to total 11 mill haha
i’ll buy when it dips to .000000001
i would have almost 25mil crypto if i would have just waited a day or two to buy in since i bought at .000033. i only have 12mil now but i plan on buying as much as possible during this big dip! i’ve been dividing my money between stocks and other cryptos since i don’t like putting all my eggs in one basket. i would have hundreds of millions if i put everything into shib.
sold last night and bought back at .0000095
i have ran out of money, but i'm holding.
50 million more! buy buy buy and hodl!
i've been trying to buy this all week what's the easiest way for someone in ny to buy shib?
got 15 million on the dip
just bought 95mil more 🤷🏽‍♂️
kept trying to catch that under 10 but couldn’t jump on fast enough. but still bought more. 59mil now and stake 8 mil
i didn’t but i could’ve. i think i’ll be okay with 10 million coins.
i was getting angry because the exchanges kept crashing when i tried to buy more. i still bought a ton, but i really wanted more when it was at it is lowest.
hell yea i bought the dip! i have 30.1 mil tokens!!! i like to think it’s a temporary thiscount!
at 52 million right now
whoa finally got 1 mill for 9999
i did topped up . cashed out every cent
got myself 13m . let's go
i was napping during the dip. i need a bear 🐻 hug!
so did i 😜
well i added 10 mill just when the price peaked and just before it dropped so i’m hodling for ever.
quit buying for awhile let it take a real dip, then buy... this is the way^^^^^^
how are y’all buying? i tried uniswap but when my wallet connects it doesn’t show my balance when i click the coins any advice?
i jumped on that ship like a fat kid on a cupcake!
i was asleep. 😢
i gotta wait and see what it’s like tomorrow when i get paid lol
super sexy wink y’all
some ppl see dip dip dip. i see sale sale sales. 57mil and holding. my new life is waiting for me on the moon!! to the moon we go!
i bought the dip. it kept dippin lol
crypto.com app was flaking out this morning...was trying to buy at the low point. couldn't get transactions to go through until it started rebounding. and for whatever reason i could not add more than 1 million tokens per transaction, so had to fight until i got 3 million more until i finally gave up and went to my meeting...late. 😄 i'm chump change, but now at 10 million total.
i have 100mil and i said i wasn’t buying any more. then it dips some more. i want to buy so badly but i’ll wait until the hours when most are asleep. those seem to be the biggest dips. yeah, night shift! kinda...
yah i missed it this, but no worries i’m lock stocked with two smoking barrows for the next dip
yeap! up to 40mil tokens now. buy and hold fam ❤️
my money got low! i got nervous!! bought 7mill more
just pulled the trigger on 20m more. here's to hoping we run this up to .0001 or better by this time next year!
almost at market cap
just bought another 7mil for
ok so market cap of 4.5 billion divided by the share price around .000012 leave about 375 trillion shares. meaning we already own 5% of the market. if everyone of the 400,000 holders bought another 50,000,000 we would already own 10% of the market. this is under a month, what’s going to happen in 6. hodl!!!!!! and buy the dips!
it is not available in my area already tried that and binance should i use a vpn? and if so do i need a cryptocurrency wallet? or can i still use my card like on robinhood?
bought another 5 mil cheap today... less than . i buy all mine on bit mart. i dont buy coins there directly. i buy alogrand and transfer them there. cheapest and easiest way. plus its really fast. cant wait to get to the 1 billion mark. 1
i was only able to add 28mil
that's a cute doge
i’m dropping another rack in it rn
buying a rack worth of shiba at .000007! been buying since .00000002! traded 1 full eth for it! love the gains! diamond hands to mars
i bought another 2 mil
just bought in more!!!!!!!! yessir
couldn't help myself! grabbed another bag! 💎🙌🏻
i had no trouble buying during the dip luckily. 🙏🏼
i’ve been trying all day and the damn system and my bank couldn’t work together 😡😡😡
do you guys know of any other site that i can buy shiba?
should i keep my dogecoin?
alright my peeps, i am pretty sure a lot of people know this, but pleas do re-post this so people seriously know how much people panicksold and took a big dump on everyone, just because they heard some news. this article explains much better, especially this line on how people seriously panicked "given the size of this selloff, some market participants could have made it worse due to their inexperience in managing risk," he says. "the retail and corporate class that just entered after the start of 2021 … are more likely to de-risk and also sell into the market, creating a small cascading effect." pleas do read the article and re-post this.
went up from 1.9 million to 5.4millon shiba inu coin
i bought in soon to be a billionaire baby
i got 5 million.
bought 50,000,000 more at almost the bottom! holding!!!
bitcoin is more than likely going to retest the 28k mark if you haven’t bought shib yet or are looking to find the best entry point for alt coins follow coinskid on youtube. bitcoin controls the market so when it hits the mark to come back up alt coins will surely follow 💯
dont have money to buy 😭😂
hatred for elon musk knows no bounds
bought 124mio lol why not
not a dip, a crash.
all it does is dropping so not hard lmaoo
didn't buy big because i'm poor. but i bought 4m. got 30 in total now.
oh yea. we did
bro… sooo much! bahah
shib dip, makes me excited so bought the dip in hopes of a rip only for more dips in more hope for bigger rips let shib rip so i don’t have to buy the dips
the day this coin reaches 0.01 i shall own a shiba puppy
just bought 20,000,000 more...literally bought 80,000,000 earlier this week, if only i had waited...
grabbed another 10 mil today. now sitting on 20 mil. might llok at more tomorrow.
don’t get paid until 28th hopefully there’s a dip around that time 🤞
12.3m not much, but hello my lovely shiba♥️
me too and i am higher than before !!! i was a bit worried but said screw it and bought a shit ton when it crashed .
bought like 30 mil shares
i was able to hit 100 mill... it felt so good when i did it... that's it for me, will hold now... we got this guys
wouldn’t allow me last night to buy more because the man doesn’t want us pions having any share of the wealth. but did manage early this morning when it opened back up to buy. over 20mill and counting. can’t stop. wont stop.
i added 8mill to my 70mill
everyday i buy 1,000,000 coins first thing in the morning lol
100,000,000 bought on dip 🚀
got 6 mil on the dip up to 13 mill gunna try and push it up to 30 mil in the next few weeks. this is not financial advice i’m just retarded and like the dog.
i wish. i bought at .000020 cad and been holding the whole time.
i think is not over yet...
5 million shibs here!
my stemmy came in and i put it all in shiba sitting on 430m i think i’m done buying 🤣🤣
i did! up to 1.75 billion!
i bought 10 mil, so far i have a total of 21.8 mil
guess i’m back buying the damn dips again! another 40 million shib cuddles right up in my wallet and shoved directly in to cro earn. 😂
every bit helps and you’re 1 step closer to being a wealthier person. 💎👊🏼
yessir! look how happy that shibs is! 😂💎👊🏼🥰
doesn’t help by not letting it dip further...
get it on binance
this is the kind of bde we like in here! goals goals goals!
i experienced the same thing with crypto.com. i managed to get it at a really good price but missed the lowest point! winner winner chicken dinner anyway! stay diamond handed my friend! 👊🏼💎👊🏼
i've been avoiding binance for months now. they always seem to have technical difficulties during peak volume. ftx is where it is at for me at the moment. not a single delay this entire session.
scratch that... now 100 million.
i am worth 119mil lol of nothing hahaha but holding
full send! i like it! hodl my diamond handed doggy!
also missed the lowest mark, but still got it a decimal place down so not too bad! 👊🏼💎👊🏼
where are you based, in uk we are able to buy via binance, i have seen a fair few posts for state side people saying they are struggling over several different crypto pages for many.
uk based too and on crypto. com app. bit slow from time to time but no real issues
it's been the same for me all day too, although managed to just buy! good luck
that’s what i originally bought in at
same i was napping 💤
no losses until you bottle it and sell less than you paid! 👊🏼💎👊🏼
come back for more big dippers and pick up even more of the cutest doggo meme coins around. 🤓👊🏼💎👊🏼
haha - i like it!!
bde club welcomes you! 👊🏼
273 mil for me 🚀🌔
great price! round about where i ended up too price wise thanks to crypto.com strugglebussin! still happy!
yeah that is where i was able to get in also for 3.5 mil
millions and millions and millions and millions!
that is a great return! now come back and wait out for the decimal places to drop off! ❤️👊🏼💎👊🏼
bde club! welcome! 💎💎💎💎
payday! i’m in your boat! i’ve got another grand to throw at this if it’s good on friday! ❤️👊🏼💎👊🏼
even better! smart money right here! 💎👊🏼💎👊🏼💎👊🏼💎
crypto earn? the supercharger you mean?
stay strong shibs! buy cheap, hodl, moon!
shibs is happy with your commitment! hold on for gravy train! 👊🏼💎👊🏼
there we go! tens of millions club! 💎👊🏼💎
working on it my guy! 😏😏😏💎💎💎
common behavior for altcoins. i’m not worried, i’m excited! :d
2 mil is 2 mil more than you had! welcome to shibs!
that’s the way! 👊🏼💎👊🏼
we hope to be there soon - lots of people anticipate 0.002 max - but, remember when the same was said for doge? 😏😏😏😏😏💎💎💎💎
. just save your money that you intend to spend, for drops in price - pref lower than what you paid for it, to lower your average spend per coin! then soon you’ll be in the hundreds of millions and feeling great! 👊🏼💎👊🏼💎 welcome to shibs!
hey, but you got !! awesome!!
holding forever baby! full send to the moon! 👊🏼💎👊🏼💎
but you’re rich in shibs! imagine what they could look like in 6 months! woah - flash back to ! 🤣💎👊🏼💎
such is the way with crypto, plenty of room to grow - you got a great price! hodl. 👊🏼💎👊🏼
no worries i bought 100m .00001401 not even 2 min later it started dropping all the way down to .000007 wonderful timing on my part... but i hodl still
shibwinks all day! ready the rocket - we’re off! 💎💎💎
honest work is the best kind. 1.2 mil better off! 💎💎
! send it! 💎💎💎
50 mil club! send it! 💎👊🏼💎👊🏼💎👊🏼💎
crypto.com did too! it was so annoying, took me ages to buy up more! like an hour atleast!
i’m also shooting for the 1bn! let’s send it! 💎👊🏼💎👊🏼💎
that’s the ticket! diamond knuckles 👊🏼💎👊🏼
there’s the bde! keep growing my shib! 👊🏼💎👊🏼
meme coins for life! 👊🏼💎👊🏼
2 mil is going to still make a nice return! we’re no doge yet, but... who knows right?? 💎🚀
thinking like a true altcoin savage! i love it! 💎💎💎
this is a good stash for you tho! i would just hang on to what you have and save the gas fees for selling high! 💎
it’s been a testament to how unready it was for mass usage! seems it’s picked back up and they likely made a lot of changes to their infrastructure! hopefully we don’t see that again! 💎
+ 1 million shibwinks for you good sir 💎💎
fantastic steal! good chunk surely to return in kind! 💎💎
i lied about buying more. i ended up buying mucho while it was on sale 😂😂😂
7 is an odd number! send it to 8 and feel good! 🤣💎
sent it! feels good! 💎👊🏼💎👊🏼💎
50 mil cluuuub! yas! soon you’ll be at 100m shibs and loving life even more! 💎💎💎💎
the great dipper of today! 🤓💎
ranking up in tens! i like it! 💎💎
13 is an unlucky number! send it to 14 million! 💎👊🏼💎👊🏼💎
the best kind of price!
long term is were this baby is at! also long terming! 💎👊🏼💎👊🏼💎
that’s the kind of energy we like around here! 💎💎💎💎
it’s our responsibility to collectively sit here and chant... dooo it dooo it dooo it dooo it! 💎💎💎💎
i've been having that issue for a bit. what i would do is copy and past the amount i want.
i press max allowed button to bypass it. but yeah, i have that issue aswell.
yeah they’ve been having issues all day! try !
growth is key, doing good staying strong! 👊🏼💎👊🏼
purchas'd twice the present day,14 mil did add, but wast busy working, did miss the largest dips unfortunately *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
<— subreddit crypto.com <— website (also use this to search appstore!)
that would be super nice - probably a long while out yet, but these dips are perfect for those of us who weren’t in at 0.00000000001 😂
if you just sent fiat to cb, they have a holding period before you can send anything out from there.
there’ll be another one for sure!
that’s hiiiiighly unlikely to happen! but good luck - i hope it does so i can spank 10k on that bad boy!
stay strong shibs! more dips will come and you’ll be able to lower your average spend! 💎👊🏼💎👊🏼💎
been having trouble logging in to crypto all day, could not log in when it was .000006-.000008
it's getting addictive some how lol started at 7 mill... the rest is history!
yep i bought too... greetings from denmark 🇩🇰
i'm uk based, i've managed to get on and buy some now but was not able to get the dip where i wanted to
i do not know what supercharger is. when it go to accounts in crypto com, there is an option that says "crypto earn".
i could not buy on crypto, have not been able to for a week now. says my bank or card issues but contacted both no problems. wanted to buy at dip ... is there another app better?
honestly... that's likely the only way to make a milly off of this... but i feel great with my current position. anything from here is a bonus.
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **22744** times. **3.** `u-the-dogo` **8481** times. ... **136865.** `u` **1** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
doge showed me, i think, that there is room for successful meme coins in the cryptospace. i think shiba is a definite upgrade to doge with what the devs are doing around it from the jump. 🐶🚀🚀🚀💎🙌💎
most definitely hanging on! 154m shibby, 2107 uni-v2 shibby lp tokens, 1.3 leash and 0.12 leash lp token….only had 0.5 leash at the time i added to the lp. gas , no no…gas ! gotta bury and dig get them bones!
ur right. it's at 14 now. also just another excuse to buy more. 😁
here's a sneak peek of [top posts]( of all time! \: [open letter to crypto.com]( \: [1,000 mco upvote challenge]( \: [🤣🤣]([93 comments]( ---- ^^i'm ^^a ^^bot, ^^beep ^^boop ^^ ^^downvote ^^to ^^remove ^^ [^^contact ^^me]( ^^ [^^info]( ^^ [^^opt-out](
i got 95% of that 2500$
thank you so much. i didn’t have this problem over the weekend. i’ll try again tomorrow morning.
download the app for your type of cell phone. set up account, fund account (i could not get debt card to work so did credit card. probably have to try to buy, get rejected then call credit card company and they will do thier magic, then buy...buy...buy)
my average spend is actually around .000024 i think. i bought the initial 5.5mil around .000033 and the rest between .000012-.000016.
too many people selling in fear, crashing the exchanges 😔 back to somewhat normal now.
and a greetings to you, you excellently minded individual
how odd. unfortunate but i am sure that there will be a next time! probably tomorrow.
i’ll leave that one for google! 🤓😏😂👊🏼💎
try via the web site. i was able to on their site directly. a friend of mine was having the same issue on the app.
my thoughts exactly!! 💎💎💎💎💎
yaaaaas!! that’s what i like to see! 💎💎💎💎
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i just need another 32 mil to bring me up to 300mil! 🥰🥰🥰💎👊🏼💎👊🏼💎👊🏼
you’re welcome! it frustrates me from time to time also. good luck!
that answers my question! 🤣🤣🤣🤣
this is my chance to get it right!
lambos in 3 - 2 - 1! 🚀💎
i never saw it in acronym form, and coming from a military background, i was struggling to recall what that was! 🤣🤣🤣
that's awesome. lot less people in times square than the last time i was there. 2019
* shib be coming round the mountain when shib come *
that's great, but if it is real, who is behind it and where did the money come from?
this is fake. i doubt that fox is still promoting a show they [cancelled in 2020](
tired of seeing the moon. shiba to the sun.
repost this on shibarmy!
problem is new york can not buy shib directly.
as solid as the mets
thank you sooooo much for posting this!!!!! you are awesome!!
i am so proud of myself, i have 19m coins and going to buy more today :)
that is perfect. we need to get advertisement in vegas too.
if this is real, that shit costs so much money.
that's so awesome 🔝🤩shiba inu🤩1️⃣
how much does it cost to do that? to advertise something that big for that time? also did the person recording this just happened to catch it by accident? is it real? or plays on a loop?
hodl, we are solid.
this is faker than a 3 dollar bill. why would time square have an advertisement for l.a.’s finest? a show ran in 2019, and canceled in 2020. 🙄🙄
boys we're fucking going to andromeda!!!!
shiba and dogelon mars let’s go 🚀🚀🚀🚀🚀🚀
that’s outstanding! shiba till the end🏆
okay none of you all been with shiba that long when they first started this was posted like three months later
has to be fake. only a moron would pay to put up a shib ad in time square. shib is not available for new yorkers in major exchanges. you would have to go through some loops to get some. new york is very strict when it comes to crypto, so it’s a waste of money for anyone paying to put up crypto ad in new york, especially now when there’s not many tourists in time square.
shiba to the moon 🚀🚀🚀🚀🚀🌙
nyc is waiting desperately for rh to list shiba. just hodl the line. we'll be the 3rd largest crypto by market cap before end of november. keep hodling to believe it!
not real but cool :)
fake. stop with this fake bs. instead of attracting potential new investors, shxt like this, throws them off. shib = real this post = fake bs
i’m not trynna be that person but people are literally wearing short sleeve shirts and it’s almost winter time?? this can’t be too recent
doge has unlimited supply with 0 utility. shib has utility burns, limited supply, shibaswap, nfts, blockchain coming, stable coin coming, bone, leash, aaa game coming.”🤩shiba 🤩superstar🤩 world news🔝1️⃣🤩
who paid for that?!
holy crap what do you think that cost?
solid as a rock! 💯 🚀
no need for blue pills when you got shiba, i'm solid!
lmao yea... nyc is a thisaster dude.
probably some whales trying to pump up
its fake: (its been posted on shibarmy a few times)
you haven’t heard of icarus have you?
mars or milky way
video was shared by a user from another site. i cannot see how it is a fake
it's fake. you can find other coins using the same template over the last year.
lol i tried and the mods took it down! really weird. let me try again!
yea the shibarmy mods are immediately killing it. i have no idea why...
i had a feeling it was fake
that’s kinda good at least. it would be a waist of money
"directly" being the key word here.
you're wrong man. you're awesome.
it’s fake dude. it was obvious.
it costs nothing. it’s fake.
it’s scary how many people are believing this is real when it’s fucking obvious.
probably fake from the comments i'm reading... was posted on another site as the poster's own video so i figured i'd share here. anyway as a new yorker, i bought shib through coinbase wallet app a month ago. think i was looking for doge alternative... i honestly forget. anway, i got 25 million that way, and then after realizing the insane gas prices one has to pay to use it, i found an out of state relative to send my crypto and convert all my doge into another 22 million. so new yorkers can get it indirectly. just a pain in the ass and pricier. also, i figure this would be a good time to advertise honestly. probably does not cost much to advertise in times square theses days and the hype around shib is already off the charts.
only 10m when shib gets to 0.1 😁
nothing, it’s fake, and it’s obviously fake. damn you people are gullible as fuck.
better ways to get the word out than new york billboard. who cant use coinbase. bad timing on advertisement relying on crypto.com which is almost a scam site. should have waited for at least robinhood.
iirc either in this subreddit or shibarmy, there was someone mentioning renting billboard space in nyc to promote shib, wether this is the same person or just a coincidence i could not tell you, cannot be bothered to find the post.
good. because that was *terrible*. image you have heard of cryprocurrency and thus probably only bitcoin, how the hell are you supposed to know that shib is a crypro currency??? we could lure beginners in with our low prices - i remember wanting to buy 1 of *something* and bitcoin was some 45k, so that was not going to happen. thats also what pulled me initially to shib: it's low prices. does it matter shib has a low price? not really, because it is all about relative growth. but it is a nice introduction.
sorry, i do not support this post type (hosted:video) right now. feel free to check back in the future!
that's why you get out around mercury lol
yup you can do it in adobe photo shop. if. it was real it is a waste of 💰, never have i ever looked at a billboard and bought something as 75% of people.
probably because [it’s fake]( and misleading.
i am sending this video out to everybody i know!!!
they say it might be fake…... geeezzzz
well it still looks like it belongs there. lol. i think vegas would be a great place for a shiba billboard. many people from around the world travel there. thx for the heads up on it being fake.
there is a way to buy it without the insane gas fee. get a kucoin account (no kyc require) transfer some xlm from coinbase pro to kucoin (xlm transfer fees are like .0001) sell the xlm in kucoin for usdt and then buy the shib with it. do the opposite to cash out.
why do you say crypto.com is scam site if you do not mind me asking?
a waist of money if you ask me. new york is the worst place to advertise at the moment.
maybe they should have said that then instead of just taking it down 🤔
lol yea so i'm told. i usually double and triple check every story or photo these days. this one was posted as a person's own cell footage so i did not think to check its validity. whatever, so much fake news going on i do not think this one will cause any big effects. live and learn.
just what i saw (no actual experience) the use margines of buy and sell and make sure you buy at the highest margins at the time and sell at the lowest not looking for your well being. if it was a stock brokerage they would be shut down for that. but that’s my opinion not a financial adviser.
i find that crypto.com feels alot more secure than coinbase i use both
billboards are dead... it is just a flex move now that is why it is big companies like samsung and apple. fb ads, google ads, killed em.
they do say it. in the subreddit rules.
i've only used webull. but it can be annoying that the margin gap i've seen can be 150 points either side. but you're still the one choosing the number. although it does feel a bit forced since the gap can be so big, and you have to go a bit higher or lower than you wanted to make the sale.
i’m only on coinbase i’m not sure i get a choice or see the margins there. very new to crypto. otherwise i stick with robinhood out of loyalty for allowing free stock trades. if only this was an option when i was younger.
robinhood is cheating you. it is not free.
manifest. believe to receive.
i am going to alter reality where shib is .0001 by the end of the month and every 3 months a zero is taken away until shib is a .10 token
if we can get the market cap to - . when is the burn happening…
dream is real, reality just needs to catch up 🤣
i’m dreaming for 🚀🙏
i just need shiba to go up to .89 so i do not have to work ever again
when shiba hits 0.1... i will sell but only 25% of my total shiba. the rest i will continue to hold until it hits...
my dream is .005 i need to raise my standards
everyone here wishing they can cash out at .01 fail to realize that in order to sell all your shib, someone must be willing to buy your bags for you so they can also turn a profit, which makes their selling margin even higher. if everyone starts selling their bags at 0.01, the selling pressure will overpower the buy pressure and it will crab there for a long time. that is why whales sell their bags in increments and in different price floors so as not to impact the price too much.
at this rate the float will be gone in a month
most ppl with big bags will likely sell long before .001 new buyers will keep the price afloat
at .50 my mortgage is paid off 😍
everyone dreams at 1 dollar, .005, .001, and so on and so forth. we say shiba fam, but when will parts of the fam sell out before other parts of the fam get it
well if it reaches .01 and we can use shib to make purchases than cashing out would be a bit pointless if the price per value of the coin is the same when exchanging for goods and services. sure i would cash some out to pretty much finish paying my home. from there just keep running my business and keep working.
we can make shiba big. its all up to the people. nothing is impossible. i strongly believe in ,10 and after that we see how much it takes for us to ge to 😎
paper hands hold till 0.01
i never dreamt i'd be a millionaire but at. 008 i would be
lmao i actually did have a dream about a week or 2 ago. where i woke up and i was a millionaire off shib best dream ever.
dream bigger go for 1$!
i will graciously tell every toxic coworker.01
so what happens when it gets to that price and everyone cashes out? don’t some people get left holding the bag?
so you want to get out at 1 cent?
for a now he looks like prisoner
haha i feel ya
me when i go to bed. me when i wake up
realistically speaking it will reach max 0.0002 if you calculate the needed marketcap and compare it to bitcoin. if shib is about to replace bitcoin, it would need 0.00035
i had it last night!!!!
holding for .01 too. 🚀
that would mean a , bitcoin barely has . that indeed is a dream that will never become reality.
it'll have to churn a ton to get to a penny but i bet it can touch it someday! heck, i'm hoping for .02!!!
cannot even work out how much i'd have made but it would be a beautiful thing
reminds me...around 12:00 at midnight
i'm waiting for .05
you guys are gonna be rich asf in a few years 🤠
buy and hold ... we can make the dream a reality ...
i thought i was the only one who had those dreams
thought i was the only one 🌝
i want to believe
that’s a big dream 💭
i’ll hold for you 🚀
what a wonderful world this will be!!!!!!!!
we seriously need a burn, but who exactly is going to burn their coins?
there would be so many millionaire in this world! but ah, idk if the irs would like that if they do not get a piece of it. you see how they are trying slide thru! asking question about crypto during tax filing (that is none-ya!) lmao
that's what i say!!!! lol get me there and i'm good. that's why i'm making sure i have enough of it so that i can take out 50% when it reaches there then hold the rest just in case.
*reddit or has standards* heh, okay
honest question, is that for all crypto exchange? what if it’s on robinhood (hypothetically) and they are a brokerage. you could sell then correct? what about crypto or binance? my thought would be swap em for multiple coins and sell separately.
at .50 every person in my life could get their mortgages payed off if they are nice. fuck it, yours too.
you do realise that dreams of finding fortune often denote something other than finding fortune?
why give them any money throw your shit at em and pay a lawyer
yes they do get left with the bag but we also want it to have buying power across the globe or flat earth. 😬
those people “left holding the bag” can just cash out too lmao who tf is stopping them
i would like to see it at .01, not gonna get out, maybe sell some
so what’s shibas peak in your opinion?
i've always drempt big
you're great at parties.
ehhh idk who can really say there is always mixed thoughts about dreams.
always sell 10% if you see a spike then you can buy more
their website is not even working, if you ask me they already peaked.
dreamt...the word is dreamt. also, shiba can never reach anywhere near that because of market cap. if this thing gets to .001 it will be a miracle.
i’m just hoping for .0001 and i’m set
lol sure, no mansions.
so why are you still invested?
if it gets to .001, im a multi millionaire
market cap made sure doge never reaches 0.10
unless there is a huge fiat inflation
please buy me an audi rs3
i do not own any of this coin.
there are 400 trillion coins in circulation (this doesn’t includes the 500t burned). the global gdp is about 90 trillion. do you need me to explain the rest to you or are you going to take the l?
you cannot live in that.
i'd like an explanation actually (still learning), i heard doge does not have a finite supply?
i enjoy watching delusional people chatting on the internet :)
here's a good post about doge's supply cap: [ to figure out a coin's market cap, multiply the number of coins in circulation by the current price. right now, shiba's market cap is about 3 billion. in order to get to .01, it would need to climb more than tenfold and reach 40 billion. to get to a dollar, it would have a market cap of 400 trillion or more than 5x the global gdp. for reference, amazon is worth about 1.6 trillion. so if you think , you are saying that shiba will be worth 240x more than amazon. let that sink in u
i want to be your friend...
doge be fronting too! many hands make light work. and let us all pray that elon keeps his filthy tweets away from shib.
shiba community is... the best crypto community i've come across. hold strong till we get to .25. despite what the haters say, it is possible!! 🚀🚀🚀
coinbase robinhood shibaswap paypal listings coming this year .10 means we're millionaires
10 cents per would be nice, but i'm sure at 1 cent there would be a massive sell.
why there penises at the front?)))
while shiba is still under the high ass gas prices of eth, we are going to remain in trouble. eth2 will change everything for millions
we all need to stay strong. don't sell and book profits because this will cause many people loose. and as a community we should think for each other. don't post that i will have so much money at so and so price.
say no to fights and toxicity say yes to strength and unity 🚀
new to reddit and to shib. picked up a few (mil) tokens today on hopes that there can be momentum in this group to carry it. let's do it!
the only thing i am afraid of is not being able to convert it back to money to put it in my bank account from crypto.com. because if it goes to 25c i would sell some and keep some for it to grow more. but i kinda want to be able to buy a few houses and quit my job lol
back in the 8sssss!
we would be a shark with a shiba inu head
unite, do not divide
this is such an awesome message and poster ! if you make prints to sell i’d be interested !
imagine how that crowd is going to look when we’ve grown to be their size individually... 💪🏽
“for it is together, that we prevail!!” - dwight schrute
*insert power rangers dap gif* here
lets send shiba to the mars!!!!!!🚀🚀🚀🚀
if we hit .25 we are all meeting in the desert for a jim morrison and the doors type get together before we all go our separate ways to explore pandora's box. me ? i'm going to a rainforest so i can go out in the middle of it and scream and see if anybody hears me.
i just bought 150.000.000 shiba 😆
hey guys - please do not think i'm intruding here! i am an investor of shiba but i've also invested in his son 'baby shiba inu' the dev of baby was also involved in shiba and he wants to merge the shibas once we reach a certain market cap. i think this could be huge for both communities. bshib has a supply of only 100m and we are currently only at 500k market cap. i wont post links here but we have had some good influencers already and this week will see coin tiger, cg and cmc listings!
if it reaches .01 i'm a multimillionaire. if it hits £1 i'm a billionaire. i will use my investments to buy a string of properties heck even entire streets of houses, where i'll put crypto mining rigs in every room the the house. human tenants cause unnecessary headaches but electronic tenants generate ridiculous revenue. one house could produce £100,000 per month minus overheads so imagine a property portfolio 😀 **scalability** is not an issue and if regs change the house reverts back to its original intent - human tenants. 3 assets in one bubble; crypto mining, property appreciation, renewable energy supplements usage or resold back to grid furthering an additional revenue stream. p.s. not trolling.
elon musk is a scammer and should be outed by the shib army. only proof i have is when he ran paypal he took money from my account and put it in a scammers account several times over... it was not long after that i think they ran his bitch ass out of there. didnt matter i still dont use paypal anymore.
bro if we hit $.25 i’ll pay for your kid’s college.
.25? hmm, i think we all have a better chance of winning the lottery every week for the next year. but it would be nice. they think inflation is bad now. hold hold means, give me time to cash out!
i would really love to see that but it‘s even mathematically not possible to get to 0,25€...
i'm a millionaire at .004
nothing to see here... move on...
whats eth2? whyvwould we be in trouble? o-0
great post! but greed is a mof!
need allotments of 10mill, that is how it will come down to selling, imo.
lots of people who thought that with dog when it hit .50 to .65 now many have regrets.
this is such an most wondrous message and poster ! if 't be true thee maketh prints to selleth i’d beest interest'd ! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
just need .10, the rest would be cream.
anonymous is mad at him too they made a video about the alien
by the power vested in me i pronounce you to pay for his kid's college
didnt that binance coin go to ?
i will buy his kid the lambo and house after he gets his bs degree
if the shibaswap will run, it is possible
1bill coins at .001 = 1mill 100mil at .01 = 1mill 10mill at .10 = 1mill but dont forget the good taxes =)
because eth cost too much from gas fees and everyone is starting to move their tokens to matic
so i can convert it back to usd into my bank? that's good news.
anons do not care. they have bigger fish to fry.
i’ll pay for your kid’s college too.
i’m not sure. i only got into crypto a couple of months ago.
eth founder has no care for others money or motivation to put anything out at a respectable time. this shibaswap is a lot of people meal ticket cuz the last 2 months they’ve been promising this and we just see clips. but i see other poo coins randomly dropping swaps quick and flawlessly. shiba better make me a billion with all this lack of customer information and assurance. if you ask me i’m hodling but i feel so thisrespected by the slow output from this coins developers. but yet again, i’m from the tri state area and military lol i already have no patience lol pressure builds diamonds and right now i’m tired of this red and these promises. put the damn swap out and eth lower the fees or it’s not really worth risking until we see the working swap
i think that depends on how much people lost because of him
oh nice welcome aboard! do yourself a favor and don’t jump out when things seem bumpy. it’s a hell of a ride. when i started bitcoin was worth fractions of a penny and only 1 person was buying it.
risk is the individuals issue. don't follow false idols. reddit told everyone to jump on at a penny and when it was under 10¢ jumping on at 30¢+ is a super dumb move in my opinion. and thinking that man cares about any of us is foolish too. this is why i tell people to get into shib now while it is super cheap and explain to them the . because the shib army is gaining ground every soon we will be front page news. soon you will see billboards with the shib logo on it like we saw with doge before it hit 10¢. the community died when elon started hyping it and abusing his status.
i only have a few mil im tryna figure out a way to get more. moneys a big issue right now for me
don't invest if you cannot afford it. golden rule my friend. your few million is good enough. not all of us can drop -. promote it, believe in it, and share the news. word of mouth is always the best sale method. i'm holding 300m coins but i want different coins while there cheap. but life is still a thing and i pace myself. 20 20% to yourself as cash you can spend (bills life etc) 40% to your savings till six months or a year worth of bills have been stack up. 40% to the pile of money you want to invest in. that can mean stock etf bonds crypto or anything that will grow you as a person and is considered a asset to your life. you must decide how aggressive you want to be in the end. look up minority mindset on youtube, hell get your mind right about money and such. the 20. might be different for you idk your life only you can make the decision for yourself. be safe and be well.
i appreciate the advice i ment in general tho not just for buying crypto. i just got out of a abusive relationship and i wasnt able to work so i been out of work for almost 3 years and just moved back to where i originally lived. i have 300mil of ass coin lol but idt that will ever be worth anything
bro you hav ass fuck yeah. flip that shit. that's a perfect way to build back up. or hold because a 1000%+ is some money back on yourself. life does strange things. remember luck does not exist. luck is a term given to the law of cause and effects, to the chain of said causes and effects so beyond the scope. remember the saying everything happens for a reason. i'm not saying what happened was good for you but maybe just maybe it happened for a reason to bring you here to the place your at. to meet someone, to find something, or be in a particular place and time so the job that will make you money pops up. be strong have faith with reason! a facebook friend of mine tought me to risk is to get a reward of equal value. you can add me if you like.
that's one of the best things about this coin how many people who actually need the money it is helping even if it is a little bit
i wish you luck, my man... let's hope going to the moon makes you feel free again.
let’s get this user some fucking legs! this is the way
man that is a tough gig. thoughts are with you bro. we hodlng strong 💪
i will donate 10% of my shins coins to you when shib gets to .001
best wishes to you!
will pray for you my brother!! shib will shower every owner with a pride in the 3 or 4 yrs!!
it’s going to happen count on it
:( i need to buy a house for my family. we have moved 4 times in past 5 years and i hate it. let's hope shib hits ₹1(.013) soon
pics or it did not happen. jk lol, but seriously, pics? diamond hands till we hit the moon baby
to the moon with robotic legs!!!!
fuck them legs bro, youll be flying soon!
lets get this man some legs
let’s make it happen!
best of luck. after watching and participating in dogecoin before i had to cash that in to move. i am in on shib and a true believer.
ok... i will buy ...
low risk high reward coin, hope it goes well
god bless, and if not someone will.
sending prayers that yours get answered. i hope we have the run that brings this all together for you. nothing would bring me more joy. if not today, hopefully soon.
good luck mate. wish you all the best of life.
hope you do man. god bless you.
in belgium you get this for free from your insurance (what you must have in our country). you pay only a small fee like 500€. thé other 30.000 or so is paid from the goverment. but we are also thé country with highest tax on income. average 55% you earn is for thé goverment. they take it before it reaches your bank account. direct from thé employer. sorry english is not my native language.
i hope shiba inu goes to 0.1 just for your sake. forget my own fortune, you deserve it. much love!
how much do prosthetic legs cost?
legs? we are taking a rocket from here one out 🚀
fuck it he can just have mine, i do not leave the house these days anyways.
shiba to the moon!!!!!
i only have 100??
you need leggs to fly
fucking legend. love your dedication.
someone give this guy a beer! and op this guy's legs!
and beyond my friend!
well that all depends on your end goal
i’m calling it .00002 by end of the night
i just want to help my wife pay off her college debt so she can go back to school and become a nurse.
me: ok google, when will shiba reach .10 google: hmmmm, shiba will reach .10 sooner or later, just keep buying and hodl. google: thanks for the advise, i will buy some myself.
guys do your self a favour and check my craphs on my profile you will see that this week we will hit new ath
we reached 100 mil 24hr volume guys ... we are the strongest crypto community ... lets make our selfs millionaires
where is this pump coming from, what the actual fuck ?!? :d
i just bought 20 bucks just to see where it goes
mate i am organising party free entry in january 2022 if shibs hit 0.10 only shiba members allowed
clench those buttcheeks, fasten those seatbelts and get ready for a bumpy ride!
we are up 5bn volume in 24h and 2bn mcap in 24h
0.0001 this week : it does not happen, but if it does ...
200m shib and buying😈😏
yes, the idea is we take short gains - small losses on our end, when asia markets wake up they rally again. i do not think this is a us led moonshot - i really think this is an asian led thing. as long as the us markets do not tank the thing we should \*\* continue to see semi strong gains. literally all we have to do is hold value.
be careful, there is going to be a huge dump at some point soon, it would not surprise me if we even go back to 5 zeros next week so do not just start buying at the current price, be smart and risk what you can afford to lose during runups like this
it would be nice. but hopefully this is the new support line.
today? i think im dreaming, but you sir...
need advice, stay and hold when it gets to 0.00002 or pull profit before it levels off or retracts !? shit am buzzing
another zero in a day? lul
been waiting for this for months...and now thinking that should have bought more :)
we are together and strong community we can together do anything to shibs
not much but put in another
we are 2x more volume off doge. we we are shibs doge killer's
today will be a rough ride for sure but only holding will tell. 2020 2 here we come
woke up and just hold baby!!!!!
woke up to double my money hahaha
there is no dips to buy. hold the line. keep buying and holding. let the paper whores pull out there £5 profit while we bank on long term investments
it will not drop belive power shibarmy only go up
everyone in doge should transfer their holdings
how many coins do you guys have?
hopefully this is permanent and won’t go back to five donuts
first coin ever bought. 10 milly. holding till my bones turn to fossils
reckon 20£ is perfect for great returns
hodl that damn line boys were all gonna be filthy rich
imagine if we could change the world together? think of the good we could do if it hits 1 dollar we should make a plan to do something good for the people who are suffering, maybe we can show the rest of the world how to be my brothers keeper
shibha to the moon
some will short sell but we must hold for the greater good! be strong!
i’m betting on you boys to run this up
"oh no my 100 dollars did not turn into a million in one day1!!!!!!!"
sittin a 33 mill let us goo!!
so i bought a week ago, and now i’m debating on putting more in
will do 👍 let’s keep this ball rolling! hold tight!
let’s get closer to the all time high before anyone gets too excited
i have 30 mil of mine staked on crypto.com.
just bought another 300m, keep pushing up
i literally cant sleep. i have to check my shit. keep buying and holding this
yellow lines are support
sauce: trust me bro
buy hold buy hodl and buy, till we lose 5 zeros as a community and the start of the worlds greatest transfer of wealth in history
just bout 6 mill more. puts me at 101mill. reached my amount wanted before we leave the atmosphere, not stoping til we land on the far side of the moon
the other interesting has been algorand
go to .01 and i will subscribe to xqc
shiba inu to a !!!!
lfg!!!! i can’t believe how far this community is pushing this… let eat doge for breakfast
i'm opening a wine bottle and see this shit...too goo to be true :d
buy buy all will be worth millions
help- my coinbase still says it’s an asset not supported and i can’t figure out how to buy it. has anyone else had this problem??
only need 18b mcap to friday and will be safe for all.
that resistance was crazy at .00002 lol
i tried buying in the dip and coinbase kept cancelling my order!
we grow 3bn in 24h
i just dropped 100 big ones everyone keep buying let us bring this up
will would not be dump every one start seeing the potential shibs all holding to 0.10 after rh comment
i see it hitting .000024 then it dumps. but i wish it’ll hit .00003
it did dump after the .00003
let’s push the decimal over to .1 - we can do this team!
i’m very fomo atm lol
people talking about this hitting a penny, even a dime... how? at a penny each that would be almost 4 trillion dollars, right?
shib will never make it to a . it’s almost impossible. but what we can do here is play these peaks and sell at the right time.
if this hit . that's simply impossible
shib always goes up once a month. then dumps after 24hrs. this is the most impressive spike since beginning of may
lol mate sell them do not buy again this for holding not for scalping
getting converging peaks a decision is boutta happen and it is only up from here do not miss out!
i am all in now just converted other stuff into shiba
what a pleasant surprise today! most of my positions are flat, but my shiba inu is mooning!
shib is not for those who paper hands -you are the annoying investors that fail to see the big picture. take your . i am 3x on my investment, but thats chump change
should i buy more??
nd my dumb ass listened to people that were nay saying it, so i sold at .08...and lost almost 30k in profits
mates buy and hold do not listen just buy and hold. is your money you guys dicide i used today all my christmas funds
lets hodl guys. agree??
already done - buying at the top never stops me
lets look at the bigger picture 100x
wtf is happening and how?
at 100 mill doge
bruh, how it got that hyped up?
took shiba months to get 2bn mcap and 2bn volume and in one day we double
overheard coworkers talking about shiba coin, bought 50mm, now what?
guys e drop from 48 rank to 26
i transferred my doge late last night but it was only like 55 bucks worth
i'll settle for 500k lol
i’d “half baked” my job with a quickness
12mill. drop in the bucket compared to some here
millions or bust for me on this one. i’ve shit the bed on so many before but selling to early trying to catch swings. the money to get in was free from trading other cryptos so i’m here for generational money.
government tax on short gains tho...
lol, i'm like 10 million? wow
if we all made this our full time job just converting coins, we'd all be rich lol
gotta make enough to buy a lambo for you and the tax man
sorry if it’s a dumb question i’m new to this crypto and i’m trying to learn
i just have 4.5mil, all from free coinbase 'learn about this crypto and get ' that i immediately converted to doge, then to shib late last night
i thinking trow 24k xrp bought 2017 right now to shiba man
fuck a lambo i wanna make enough to buy real estate. the lambo will come later
when are they supposed to start burning?
1,302,135,478 i have now and i'm holding
will nock one zero today or tomorrow guys watch
we'll see but what happend the last 24hours i have never seen. and shiba has proved itself worth enough to be swimming with the upper fishes. so i'l keep my fingers crossed and hope for the best. and that we all have a very...very veryy good christmas.
i got faith fr
its nice to see an active conversation in here! soon to be a lot more ppl on here.
we see us in our lambos in a few months
someone said doge in 2014. i found an article with a screenshot of doge in jan 2014 and it was at .0002946168
die zeros die! 🚀
please people hold! 😭 i just want to pay my student loans and buy my sister a car
definitely. like i said, never fall for the double your investment thing lol
price is on it is way down atm
no clue. and like i said, it is a rumor, so may not be true. if true though, i would expect soon. as in a day or two.
i have a vacation coming up in a few weeks that i planned and bought tickets for many months ago. since then finances have gotten very tight, thousands of dollars in vet bills and a few other things. so what i'm cautiously hoping for here is for it to jump enough that i have a few hundred to relax and have a good time on my vacation. if it is more than that, great. if i lose it all, so be it. basically found money anyway, made from doing the "learn about this new crypto and get /" things on coinbase
it 500million of these good?
all these idiots trying to get rich by the end of the night. hhhoollllddd!!! how many times do you need to be told!??!
dang straight, we do not want to win the battle, we want to win the war. hold the line.
nicee. i now own 1,111,111 shib and i ecstatic to look forward to the day it is worth a penny:)
anyway i can get out of a stake early?
i put 400 early on. i'm now at 1100. holy monkey... edit:almost 4 k now!
bought another 440m... shib to the moon then mars 🚀🚀🚀🚀🚀
yes you are very new people never give out those numbers are colds or pass codes online for the world to see that is crazy do not ever do that again that is it and that is all
do not be upset if it goes down, it was higher than this week's spike 5 months ago. just hold on
im happy if it hits one penny not to be a game quiter but at that point i would be out. id oay off my mortgage my wifes college and her vehicle loan.
another 0 today🤦🏽‍♂️ jesus… sometimes the level of stupidity on the shiba community goes to the moon.
just watch out guys! as hyped as i am with this spike, shib always dumps. the whales control it
help with karma need 20 points to post staff
well these statistick say that we can but only if we reach btc 24hr volume
another zero? wow i wish
google advise to be shibarmy 🚀🚀
guys jokes apart ... please buy buy buy...if not hodl hodl do not sell please 🙏🙏🙏🙏
🦊🦊🦊🦊🦊🦊🦊🦊🦊shiba will blow the space
have you asked yourself: who is the whale that bought all those shibs? is musk himself?
if you’re not buying more just hold the line 💎🤲s. apes strong together.
123mil shibs & probably getting more!
goo shiba army pump till we make it to the moon
just dropped another 5k this baby making bank. my 200. so i’m in 5more k. planning to buy the cdc
real shibs buy and hold
lets hit one more zero woot woot
0.00002 is on the cards. another zero off no chance!
lol i know that’s the most realistic but i’m staying positive
legend !!👆🏻thank you my good sir !!!
do you guys think that the coin could get to like 0.10?
buying and holding :-)
fine. i bought another million. 🤷🏻‍♂️🙄🐕
i only got about 13 million i bought for a couple hundred but best couple hundred i ever spent!
i can’t wait to see where this goes, never been involved in anything taking off before
simple 20£ is 40k return at 0.01£
for me is buy and hold to 1£ after reaching 1£ just whatch
2030 is my target to take 10%
i'm actually hodling them shibs in binance since the transaction fees are quite heavy (feeling cheap)... swapped all my tethers back in the day to shib
gotta watch the wolf of wall street speech, but can someone edit it so when he says “pick up the phone and start failing” to “pick up the phone and start buying”
i am binance all over xrp slp xlm moneros cardanos eth lol
bought xrp at 0.3 cents
i will be ok just my xrp that is why not touch shibs for anything
"something's" going to happen to xrp whenever the ripple lawsuit will be resolved... markets do not like uncertainties...they will prolly get a slap on their wrist and continue... but the market will pump af
mate got good return 435£ to 56k still holding up 3 years
so dont mind hold shibs for 9 years buy
i will pump some xrp to shibs mid 2024 like did 10k xlm this year
i have btc, ltc, eth, doge, shib and xmr... so shib flipped my monero stack
shib will hit 0.01 no mater what ppl say about it 1 year old and look how it is
the thing with the market cap...i wonder what would the mcap be at 0.01... some serious token burning needs to happen etc...
think we just need match with doge mcap and will be pretty fine after all burns and once hit 0.01 every one will jump to shibs that will make 1000% in weeks
still i'm kind of wondering about the shib use-case...there is the platform and all, but purely for transactions, there is no use-case. the fees are astronomical since erc-20... with doge, the fees are like cents...so it acts more like fast and low cost currency, even though an inflationary coin
remember 2017 xrp same rank and bought 24k with 400+£ xlm was 38
is young coin believe devs they will find propose for it. what about india
these things are anyways so crazy that it is better to own most of the good projects :) at least put some money there
...cardano as an example...shieet. did not see that coming
i buy everything go in binance cost lesser 1£ coin that see what is profits
didn't bought 1b shibs cos btt bought 1m
just wait btt to get profit or brake even so convert it to and binance makes so easy for pros trader's or amateurs like myself
it seems i've got some serious cash in shib now because of this pump, but i do not do anything...let this thing roll
buy buy every week monday payday
them all so getting 5.65% 90 days returns on binance shibs is great about 3m in 10days
holy shit +84% at 1811
is not a lot 3m today but 2030 will be free top cash
my bag looking crazy
fuck 2030...next week i wanna be a millionaire lol
will hit 0.10£ january
it already briefly kill another zero today
so you are in rong now project a less got m££ so scalping crypto
yeeeessssss ! keep buying that shib
pro coinbase shib +95.58% 24h
most ppl here holding at least 3 to 5 months
holy cow it hit 0.00002
kill another zero this week!!!!
let us change lifes!
all coins i bought saw big returns are between 2
forget dogecoin... shiba is the new doge!
bought another mop keep holding boys and girls
vol 24h at pro coinbase
so shibs any one bought in may this year give 2025 to have top returns but i do all so believe jan 2022 hit 0.10
that is the volume, not my position though :)
just a question…how do they generate income?
i always dream one day every one be m and money is not issue for all if everyone in world add 20£ on shibs right now we all be free money problems
push this til a = ,000!
am telling all noobs to chuck in the cheese for that reason!
lfg!!!!! i’m so gassed to see big holders staying in with their bags and not trying to rake profits off the top, great community
i ask all my close one to open binance acc and drop 20£
can we pin this to the top of the thread
got so far 20ppl
space ape ready to go to the moon
are we actually going to cut a other zero?
frist investment did my live i was 19y life insurance
95% we can hit 400% this week watch out guys
has anyone tried transferring their shibs from crypto.com to an external wallet? would coinbase be considered an external wallet?
i am holding to 2030 so do not mind at price get coin as longer cost coin is less 1£
holding and buying to 1£
0.10 in january 2022 watch in december everyone in world will be talking about shibs comparing like btc
staring at my screen till lambo
have something like this happen before?
perhaps in 2017 or so i felt something like this when ltc rocketed...i think it got plugged to coinbase at that time or something...people felt that as the unit price was cheaper than btc and eth, they bought it
just put 1000 into that dip
just added 500 to that dip now it is back
i am out of liquid money, why cannot i buy this on fidelity!?!
bought 10k at .00000950. another 1000 at .00001750. almost making 20k. imagine in a week or a month what that'll be worth
what all exchanges is shib on now? i just have it on crypto.com app
does are near 10m buy if can does are near 100m or 500m or 1b 10b 1t or 10t just buy cos rocket is going and does not stop to 0.10
mcap 2bn up from morning to now
knock that zero off
rank 26 ppl from 34 today
buying more now, buying more tomorrow, buying more until we knock out more 0s or my bank account hits 0
this coin need to stop playing with my heart!
people panicking. all part of then plan
45 million shib right here 🚀🤑🙌🏼
woof woof my house there is not christmas this year presents
all money for christmas going to shibs right now
so how realistic for 0.01?
its a third of the way there
this could be the one
paper hands already selling 🤣
do you think it’s possible?
.01 would put in the clear but would be jumping for joy with a dime.
can you imagine 1 dollar?
idk about all of that but holy shit this am not stopping. i thought for sure we'd be dumping by now
i’m from colombia, if this happens i’m gonna do a fkn big party and i buy tickets for everyone
if this going to .10
mate get party on near docks cos bringing my yacht
just grabbed another 10mil. kinda hurt to not buy the sale but oh well.
damn what's happening guys 🥳
just used all christmas funds to shibs today
what is the price predictions here
i hope today we break another 0
if this hits .01 everyone gets a corvette lol
i will be like deeds
0.10 january 2022 rh commented
should i buy more right now or wait for a dip?? 😖
nobody knows about the price of shib go to 1 dollar what do you say about it
i would wait for a dip. watch out for the whale to pull out and drop it back to .000006 😂
too crazy in a good way
had . just bought . let’s go!
lets also buy more ... agree ??
in 1 week if guys cannot see sign you are blinded. big whale bough 6t shibs if profit only 22 million for is 46 million do you think in et 46m to get only 22m mate big whale would not at least 24m more to double is investing and after double he will hold
for triple and maybe 10x or more
all so reckon 6t was rh
just hodl!! an hope robinhood makes it threw the legal issues. then let’s hope the rumor is true about burning half the supply of listed on rh. there for our new never could we ever hit .01 may be actually possible
would i be stupid to get out now?
was back over .00002 there for a second
over 600 trillion shib have already been burned - people act like more wont be burned
will hit 0.1 and them will ppl will say will never hit 1£ mark and will hit that mark to just buy and hold
i can’t sell ahahah locked 🔒 for 3 month 😴 and risky for me to buy any shib with this ath price
hodl god damn it
burned= basically put on a wallet and lost. helps the value increase 🤷‍♂️
bro, im up over 8k since yesterday but skurred to lose that just as quick. f it, gotta hold
they could increase the value so much by burning a few more coins
man go six figure right now and is not enough i would not more
does 500k will be worth millions
just hoping elon does not fuck it up with his tweets just as he helped it lol
gotta hit my 200m or at least 150m shib coins before shit goes bananas 😖
500k is life changing
when the duxk is it gonna hit its max tho
yeah i got 11 mil, thought that was a lot
edit* a house for you and the tax man
don't have more fiat to invest used all and christmas funds for this year to. play only next week an can inject more
do guys know how much is to service a lambo at least
just breaks is 10k service
back to my "real" job for the moment lol. good luck fellas, may the coins be with you 🤣
nice day at work my guy
buy prius and live simple life with no worries off finances the only problem will be at to do with so much £££
just 5.65% intereste binance gives me is enough for me once reach 0.01£
it will be 130k them 1m them 13m them 130m just hold
keep hodling, all! fasten your seat belt, please. community power all the way.
any price predictions for today?
that is still ridiculously high
if we hold we could expect it to hit 0.000030s in the next week
someone may have already asked this. but what in tarnation is going on? why is it skyrocketing all of the sudden???!!!!
still holding, waiting for it to blow up
elon musk tweet, added to coinbase, both of those pump it up
eat those zeros 👁👄👁😍😍
i thought elon was for doge?
it's all but all so rh comment help
elon is for shib!!!
inu (i knew) that 🧐
also burning from sales
i’m holding, but i still fear this is a pump and dump.
i think it is a pump, but not sure about dump. seems like new money coming in, and lots of ppl willing to hold.
we will be ath by friday
i think it being added to coinbase helps. people will (like me) see 250 doge vs 4.5m shib and think "fuckit, let us see where this goes"
imagine if we can hit .01 before december
8bn volume 2 bn in couple hours
early christmas for all
hope so used christmas funds today
xxxmil strong and holding.
it just got added to coinbase last week
i locked in my shiba for 3 months
that’s when i bought
if i miss this i’m going to kill myself
last week? shit i just got the notification last night
what do you mean by locked in?
we hold and then we celebrate the holidays together!
yes mine are locked and gaining 5.25% more for it
it’s gaining interest for 3 months on crypto.com and i can’t sell it
90 days on binance
so i locked it in at ’s
wait till it is 560.000$
what is interest 30 days on crypto on binance 4... something
how long is this going to last...? is it gonna go right back to being worthless?
someone is selling ??
in for the long haul boiz
the big bought 6t is profit ~56 million right now from 46m investment
if it just goes back to being worth what it was worth i will cry. this is how i missed out on doge
shib at 1 euro would be about equal to the total world money supply
er 10x the world money supply
this week will hit ath start buy tissues
circulating supply according to coinbase is 394.8 trillion. total money supply is about 40 trillion
so it burns down to 300 trillion, still almost 8x world money supply. even a penny is unrealistic
an asset didn any fisical value 9 year ago worth 36k£
well we’ve been burning off .
i can bur 3m day and do not touch my assets
if shib is burned at least 25% will the price stand at where it is? or will it be exponentially higher?
holding since i cannot buy anymore right now.
i’ll just delete my crypto app and redos load at the end of my 3 month term and pray for the best.
wow i haven’t checked my shib in awhile. shook at the gains lol
100 more baby lets gooooooo
people are selling! hold!!
hold damn you all!
diamond hands boys and girlz!
these jumps are due to whales buying a large amount, the earlier you get in, the better it will be.
holding from 6 months now i am happy but regretting the decision of not investing more into shib
whales can run it up to the moon if they want
man i only have 34 million
friend of mine told me to sell my shib. i tried to sell at much higher price and then cancelled sell order cuz i am not no paperhanded bitch like he is.
is it enough to become a millionaire
or just pay the taxes and enjoy your millions
i am super new to cryptos, looking for a friend to ask some infos, anyone ?
burn hold burn hold
i am a holder of 107k of shiba
all hold cos going again one number up
will nock one more zero
is this the best sub to be in?
holding 1.5m shiba lol!
we surpassed btc volumes today and he are most trade crypto in coinbase drop from 34 rank yesterday to 27 in few hours
let’s do it then! i just bought 10k
just invested in it last week but diddnt plan on joining a sub until today hahaha. amc& doge paper hand. i’ve regretted my crypto decisions in the past and i won’t be doing that again😂🙄
everyone right now if did not bought any shibs today buy cos rocket is not touching this prices again
am i speaking to millionaires here?
10 million shares lol
i am the living example of how coinbase can lead you to buy and thiscover new cryptos
holding 90mil coin since first day lol
i got 26 million shib rn
first time ever heard of shiba was with coinbase "recommended for you"
i can feel the snootiness in my bones already!!!
45m shiba on my dog wallet
quickly get in where you fit in
remove a zero before the end of the day we will be good
seems like there is about to be a lot more fun at your shib party!
everybody go post about
if more people buy and hold
well zero will drop and closer to become a millionaire
threw in my last 200 on this mamma jamma. poor or rich, i'm gonna be one of em
someone get elon on the flip phone!!!
gunna buy more now
price has stagnated a bit. need to add more rocket fuel!
4.3 million. if its still nice and low on friday ill buy more
150€ more today.let’s goooo
sitting on 10 million
let’s get it, we all in this shit together
we need at least 20% jump!!! it s not hard . hoooollllddd !!!!
keep buying and holdin bois!! tomorrow will be another boom!
okey bro im holding
do you think we broke another zero?
got 10m coins now.
i think in 10 days break zero
can not buy shiba if you are in new york state. i want to buy it
ok do it again at 5pm
lol yah do it again
is whitebit okay in new york?
checking whitebit on google
alright i will do it again!!!
they are listing shib in the next two days
mines growing as well 😈
forget whitebit not available in ny or usa 🇺🇸
plenty climbing ahead just check on trade view
i want to be a whale 🐳 lol
lol its not impossible just move to a next state and make nyc your secondary residence
you can buy shib in ny if you use atomic wallet
guys just buy and hold let’s go to 1 cent
just bought another 100 million coins
up up and away
everybody needs to buy. little. even if it just . buy what you can
i wonder what the billionaires snobs will think of me walking into their snobby little country clubs lol
atomic wallet here go i guess .
dude what is happening today. is there actual news about shiba? this cant all be because of elon posting a pic of his pup
i would swap all now into ether
don’t get too overzealous now
so unexpected but so welcome at the same time
i’ve been waiting for it to hit coinbase. bought 12,000,000 today. if it just goes to $.10!
💰💰💰💰💰shiba inu gonna be less a few zeros by the end of the month, so hang in there and don’t get spooked
doge people stuck it out, we can too
facts we in this for the moon maybe even the sun fingers crossed
i see we got paper hands about...
i saw a post saying that people are flooding altcoins because now bitcoin leveled back to 50k it is either going to be stagnant for a minute or it could fall back to 48 or 49 so altcoins are bound to go up as more interest comes from the people
just keep buying, even if it is a couple of million coins at a time, the more we buy the higher it goes!!!
bro ngl. if it hit the 10cents i am gonna tatt the coin on my arm or chest
shib is at twice the vol of doge today
if it hits 10 cents im buying a shiba inu
i traded ,000 shibas
i will bring my shiba to visit the holy temple
should be gold tbh tho
lets knock another zero today
doge made it to 75 cents shiba can do that in record time
if we do not get spooked and we keep buying yes
just bought another 5,000,000!
just copped another mil
whats this "hold" everyone keeps talking about?
think shib will ever hit .01?
probably not but if it gets close we all make bank
as long as it get close we’ll get mad bank
u, it means to not sell your shares. holding onto your position.
now is the time to buy, this week should be crazy
i got 2.500.000.000 and i won’t sell until we reach 0,01
spread the word bois
i only have like .50 usd invested. lmao. unless it drops like two or three zeros, it would not be life changing.
it’s still fun to hold and see even if it’s not that much
the point is that if it gets to 1 cent the push for each cent is exponential rewards
u, right. hodl is the more intense, power rangers theme song guitar shred version of hold. if you hold, you're just gonna hold onto the share. if you hodl...
u, you "hold on for dear life", which means you go full r't sell until you get rich enough to have "fuck it" money.
ppl are going to freak out when it passes eth in vol, can it?
🤑 time to get some free money together bois!
sell your bitcoin! invest in shiba!
how many zeros would i need to have dropped to be a millionaire if i only have .50 invented?
still plenty of room to make good money
bro you're tripping because doge started down in the trenches with hella zeros
you heard about doge once it hit 3 zeros my boi
if you have 28.50 worth right now, you'd need the price to jump up to about 68 cents
i only have about
interesting... using that screenshot from jan 2014, i compared what . bitcoin: ,162.35 litecoin: .86 peercoin: .07 namecoin: .08 quarkcoin: .53 feathercoin: .24 novacoin: .04 terracoin: .74 freicoin: .12 dogecoin: ,250.23 moral of the story: diversify
shib shib shib shib shib shib shib shib shib shib shib shihsb hs i bshi s
let us kill of zeros:))))
total investment: ,000 current value: ,287.26 (or 874.68 without btc and doge)
i bought when was high, 10th of may and still waiting 🙃
this is an interesting week for sure!
just increased my share to .
up to 23mil here and holding!!
should be a good week bois!
i just bought 10 million more puts me at 30m
added another 2mil, 18mil and holding
man i just bought 2 mil () 2 days ago and another 3mil () this morning after i sold a car. did not realize it jumping till i went to buy more and was like what the hell stop moving i want to buy more first damn it.
im at 5.3 mil should i buy more or let it go im tempted
i'm at 4.5m and tempted as well, but i'm going to stay where i'm at
i am at 10m. wil gonna buy more at stipped 5pm. l
just bought 224 mil 😏
we goin to the moon?
that is how i got here, transferring from doge late last night
i started the morning with zero. now have north of 38million. hey, lightning can strike.
more people are coming
it just dropped a bit so might want to buy a bit now if you are looking for more. it’s been bouncing around.
it was up to .000025 a little less than 5h ago, then 2h later it was down to .0000167. has been in the .000018 to .000019 range most of the day
just dont be scurred mother f-er's it is gonna be up and deown...
until it gets to the moon obviously
10am-now it’s been around .000018 average
some traitors are selling their shib for doge lol
they are the ones who will be missing out on the trip to the moon 🌝
82% buy 17% sell
doge to the moon
i decided to buy a few of these shiba coin
my money just trippe !!
any predictions as to what this week will hold? will we lose a 0 or two?
let the few people sell all the shiba they want, for everyone who is selling there are 8.7 people who are buying, lmao!!! i have been down this road before and it has been pretty good to me! thanks shiba thanks
y’all worries about doge and will miss the shib rocket
i’m planning to hold this for a time. :). 16 million holding and buying more every week.
im at 12mil will buy more on the 1st...rich when?
elonmusk is live at shiba corp on youtube!
this is just bonkers
, he has to know that
yes shiba will explode lets go
hardware wallet with private key - the credsticks from netrunner?
the vid had a caption saying it would hit
guessing it was not meant to be shared, or at least not by that account (which has been deleted)
coinbase shows it was at 25 at 10:34am est
just got 177m!! fingers crossed and hodl
bought 38million coins this morning
hard to imagine them burning 99.87% of existing shib
time to buy? seems to be going down, as if in reaction to musk vid, which would lead to a bounce back if that is doge faithful trying to manipulate
what was that on the vid about 'send 600m and we'll send double that back to you'?
seeing as how the account showing the vid was deleted, i wonder if that was actually part of the stream or a scam they put next to the vid to steal coin
i mean, i wouldn't be shocked at all if musk did that to get the volume up, but still
it is an easy win for him. spend a few hundred thousand dollars to make a few more billion. nothing easier than making money when you have money already
but it does make me wonder. if it is legit something he is doing, the dropping price right now could be people pulling their shib back out of coinbase so they can re-buy it on some site that will let them transfer to him
rumor is robinhood purchased 6 trill yesterday and will be making shib available on their app.
if true, then it should pump again
and tesla also accepting it
for any that missed the vid, musk was trying to get jack dorsey (twitter ceo) to commit to accepting crypto for twitter ads
did anyone hear anyone in the vid mention shib though? wonder if that vid had anything do with with shib specifically at all
hah, it is all shite
the vid was from last july, had nothing to do with shib
lol, gotta love it
yo what the hell happened????? i just logged onto voyager and saw that the price jumped up to this?
shib is on coinbase now, beyond that i am not sure
hi i pray we become millionaires sooner
what happen to elon?
so what’s going on right now what do you think is going to happen to the price
i’ll buy lil million cause why not but i’m loaded up!
that’s okay we’ve seen this before
many times before lols
we’re taking big steps tbh
i imagine if the rumors are true about rh, then it should pump back up even higher when news releases.
i mean i’m not selling until it’s at the moon
just buy the dip lol
when will the news happen?
do not know if it is legit, but i saw a piece online about rh having shib 'loaded up and ready to go' two weeks ago
just bought 13mil shib
will keep praying and hopping then
hopium is all we got
the dip aren’t scaring me at all i believe something great about to happen
just bought another 12 mil
should i drop 150 for 8.6 million coins or wait till eod to see if the price dips?
the dips are the time to grab a few extra! we buying and holding!
atm, it is dipping compared to what it is done for most of the day
up to 57.6 million coins!
diversification is the key. most of my portfolio is in stable coins. so i do not mind dropping a bit into high risk coins now and then.
in it to win it ...113m and counting.
i know it’s not going to go to . fuck 6 million, i don’t need . but if it could… just… get… me to ,000, i would be happier than hell. please, i just need ,000. please…
we are still at 83.5 % buy so keep holding and buying…as long as you have the money to gamble that is.
just don’t be stupid and gamble more money than you are willing to lose
that’s the key. lol
what will shib reach throughout oct going into nov ??? will we chew another zero !!?
word is spreading fast so we’ll see how many people want to ride the rocket 🚀
volume has dropped 2b in the last hour or so
still up 137% volume ; just ride the wave
what apps is everyone using to buy coins
is it ok safe?
it's what i use
yes, it is legit and safe.
coinbase is good too user friendly
how confident are y’all on shiba?
that is the moon on jupiter, right?
should i sell half right now? my stash has 2x today. i feel like i should at least take the profit
i wouldn’t sell now, but depends on how much you need the money.
i'm holding for now. looks like a small bear run, could plateau low for a bit tho
i would wait to see if robinhood is actually going to list it.
shib to .01 in a year???
is anyone else’s coinbase down?
where was all the 5 o clockers?
nah mine is up
where do yall see it in 6 months to a year? we saw what doge did in a matter of a year. it went from .002 to .70+ in 7 months
yeah but dodge didn’t have that much circulating supply like shib
no my coin base is working
same. my coinbase is also running
volume down another 400m
what would you think is the average hold? i'm only in it for close to 15m rn
me too i’m holding 14.3 million
50 m for me
plateau at .000017, what do you all think?
there’s so much talk about shib atm, i find it very unbelievable that it won’t blow
i think it will plateau between .000015 and .000019 and stay there for a bit
this is depressing. i'm going to stop looking at it until tomorrow morning
i have 705,000,000 m on my paycheck on friday and hoping to add another 55or 100 m
why it drop so much!? lost 200 so far. guess i celebrated to early?
because we're waiting for the asians to wake up...
isn't that the dream though?
it is the dream and might be if people are smart and dont get scared and use their paper hands to control their minds lol
japanese market will continue the rally. its their dog. all we have to do in the states is keep it from tanking to keep interest overseas. literally. to keep from fucking this up we just have to hold the price overnight.
looking to buy into this. any recommendations as for which platforms?
anyone else mining it too?
binance pls always the best choice and more easier
literally all you have to do is just hold or buy lol
do not sell or it is for pennies for crying out loud
some people reallllllly need s howard stern talkin to about "a future"
wisconsin here buy hold repeat long term play here guys keep it moving
if you have the money for it just buy all the major dips and you’ll be set
we need more buyers
no what we need is more shiba positive tweets from elon 😆
i buy other 3 million
i did my part during the last dip! sitting at 63 mil now. keep holding and buying bois!
it well not go down not in close future
theres some good shib info right there
are not the info it is the market
if you buy now and hold in the months you will have a good return
no evrybody is talking about that
so people are buying
sweet i bought them few months ago, just going to hold.
what is with these spikes
what’s it like usd wise. for gbp it’s 0.00001283
shit mine just jumped
it’s hella confusing because americans getting what seems to be odd prices per coin compared when i look at gbp
you think we can drop another zero before end of week or month?
hopefully if all goes well
what time does tokyo stock market open? 9-pm pst?
couple of break points to pass before we get through the next decimal place. people need to quit selling for short term double ups. its more risk to keep but with the market buying as fast as people are selling itll take too long
we need more pics of floki
yeah but those type of people will never listen
the hype is good for short-term turnaround profits. the dogecoin craze was a pretty wilde ride when it went to $.70, part of me wonders if i should of sold then. but you just don’t know what the long term is gonna look like.
how many time did the doge coin going to 0.0004 to .10?
mine has increased as well in value. holding is probably the best right now.
i've been holding mine for 6 months now. an going to hold for ever.
if japan has a strong influence throughout their day? am i correct? i'm new. got like 40 mil tokens
japan should be open now
i appreciate the community we're going to mars before elon
im from venezuela, and they recently announced that they going to take shiba as method of payment. which means all the money from the communism pandora papers are going to go there. so it will keep going up!
i'm just gutted i did not buy 1billion now. only got 500million.
so do y’all think this had anything to do with elon or is he just mooching off the shiba glory?
i guess the next couple days will prove me right or wrong. its just a hypothesis after all. the trend over the last week has been strong nights in asia though.
im gonna put all my money in it now
i hope i dont regret it
i would only put in what you can afford to lose. its really volatile.
with that being said i have moved my own "losable" cash flow into it for the time being lol.
i bought it last night but thought it was gonna drop (i’m such an idiot) so now i’ll move it at 0.17 hopefully 0.16
i had it at 0.000012
ya im buying long term
hopefully last night was a lesson to have some courage
.-012 is not bad, i think its around 17? now?
anyway, i am out. hold strong and pray we can all pay our fucking student loans off by jan. see you all tomorrow
thanks tip toe. i’m new to crypto so still learning. made some money back after the dip on ren but now ill buy at 0.000017 and hope for the best
first lesson for the newbie lol
100 million and holding on
debating to buy more before going to sleep
"im new but i have bought other things"... makes sense
you do not just jump in new you have some sort of intel of what to use and how to use it lol
sounds like a doge person to me lol
get em aattttaaa heee!!!
we're at 0.000017 let us get it!! keep it pumping overnight
should i put 1000 into shiba
gotts 24 hours a day to buy on kucoin
lets hold it lads
let us go asia and everyone else. go buy it
we’re doing it lads!! keep it up! buy on dip and hold!!
market cap just raised a billion
i think we all should set a timer every 30min for the next few hours to post on twitter with make it the most trending topic we all must comment and retweet all we see
who’s down shib army?
9:30 pm eastern post on twitter use hashtags let’s make it trending topic
waiting for a dip to happen and it doesn’t look like it lol
i’m up like 130% from my original investment
post on twitter use hashtags and retweet we will make shiba inu coin trending topic
9:30 pm eastern then every 30min
i'm up like 1000% lost count lol.
everyone get ready to blow up twitter meet back here after
let’s get to trending in twitter
set alarms for 10pm eastern then we blast twitter again we will be trending on twitter tonight
might ball out and buy another 100k
just threw another 50 in
i feel rich at 94m shib lol
i had been meaning to put more in lately and i was lucky enough to pick up another 150 million shares sept 30th haha sweet!
40 mil tryna get to 4 billion in 8 months
i did not , was told i can just transfer to my bank account
and took the word for it
did not transfer any as crypto.com was charging high fees, so bought on coinbase
in 10 years, not sure how i would sell if it moons
wait, when it moons in 1 year lol
i’m not even paying attention, what’s going on? my shib worth anything yet? i’ll check back in a few years, go shib go!
shiba is gonna take off in the next few days it’s gonna be to late for a lot of ppl just like bitcoin doge coin 🚀🚀
there’s big coin burn coming for shiba
it’s going crazy right now!!
is it worth investing into ?
get in before the asian market gets in
go the mooooon boys
what caused that huge spike?
asian market opening maybe?
we going bois!! strap in!
we're eyeing the 3 now come on 🚀 👨‍🚀 🚀
i can’t stop watching
🚀 ready for take off!!!!!!!
fuck, i’m from colombia and it’s time to sleep :(
why the sudden surge? i am here for it
i’m just so happy with the movement... here for long! 🚀📣📢🚀🏆🏆
mines staking for another 60 days on crypto.com…
what do you think about burn shiba from the company?
hold hands bois it’s going to get turbulent at this speed
broke the .000022 barrier
cannot wait to float thru space with yall
party on my future mansion
someone please explain why it’s going up like this
me rn: "alexa play the climb by miley cyrus" lollll
i would guess it’s the asian market opening
has anybody heard anything about robinhood?
dont you dare start selling anything
better hold bois to prevent thisappointment
yeah don’t be a sell out!
now what we need right now is a musk tweet and approval for robin hood 🙏🏼
i’m not even surprised we all knew this was going to happen anyway 🙄🚀🚀🚀🚀🚀😎
i’m in for 5 years and more!! holddddd
truth is i don’t think it’s possible
like warren buffett said, if you can’t invest and hold for ten years…don’t do it...
it’s fun to watch it move but it shouldn’t make you move!
it’s fun watching something you believe in play out
it rose up tuesday as 7:30 am so i expect another climb in the morning yall. to the moon
i put 13k late i’m up around 4k. not selling till everyone here says so
shibu rank21 ... cant wait to see in top 10 soon ... ready for moon .
what drives the cost up more, burn or buying the existing circulating supply?
new to crypto and
why is eth network fees so high for purchasing shib
we're going up and up. robinhood listing?? any news?
what an increase to and the last 24 hrs. i’m hoping.
im using binance, which wallet app do i need to use to secure my shit
don’t know if i should try shiba-stake when my term on crypto.com ends. any ideas?
good luck everyone. i'm hodling since cb allowed shib on our platform. i was looking hard for a platform, and finally. sweet. good luck to all. shib to the moon 🚀🚀🚀🚀🚀 peace
are there any news re burning?
i'm gonna buy another 35mil fuck it 🤪
did really good announce yet?
just bought 110 mil 🚀🚀
is it true they’re going to burn 1trillion coins ?
and possible robinhood listing
robinhood listing is true. they possibly could’ve been the anonymous buyer who bought up
it’s up to 0.000028 it 29 earlier and it still isn’t on the hood 😂
guys this coin is killing me
spare me some coins, only got 1m of shib
i’m unemployed and don’t have coins to spare. maybe get a part time job
it’s up to 0.00003 yall. hodl till we get to the 🌙
shiba inu. who knew?
i’m new on this 😅… how much could be my profit with 50???
do you guys think will go up more then 0,0022?
i bought when was less then current market and i already got 120£ profit on it.
new shiba holder here! bought on webull!
i will be holding and accumulating this just like i do my clov. diamond hands baby!
in this situation normal ta doesnt work well. you can use google trend search for this situations. google says up 5000 percent in search that is definately a buy sign!
i just put in 1k last night what are you guys thinking it going to by the end of the year
it’s money backwards, think of history. paper money and inflation. cryptocurrency = the future money. so whoever said “when you purchase” is huge. how much too but whennn is most importance. go grab some shiba and hold
got in when there was 5 zeros .000008 ish---- hold
just to give you an idea
at this rate i should sell my body on the street
over time it could. realistically looking to shed another 0 is the next 🥅
is there any latest news on the robinhood listing?
how much will 52 million shib be worth at .01
imagine you had 52 million pennies
(move the decimal two places to the left of 52,000,0(.)00.
with all those big whales who keep dumping how can we, rise the price
is robinhood a done deal?
bought some coins\^\^ keep holding\^\^
it’s going up everybody. robinhood won’t confirm it’ll just release so you won’t know ahead of time, but the signs point to it only being a matter of time. from the petition being signed to the articles, the people calling them. they don’t wanna wait to long in my estimation because the coin will keep going up so the sooner the better for them
is it too late to buy in now?
is 2 million in shib low????
no it’s not too late looking like it’s gonna go up soon. 2 million shiba will make you 20k at 0.01 so it depends when you wanna sell & how much you wanna make out of it. i always think it’s better to invest early like now than later like when it hits 0.0001
remember make decisions your comfortable with and invest money only when you can afford to
i think the most important is growing our community so more people put fuel on our rockett... hold till moon guys
i’m planning on waiting for this hype wave to go out so i buy more. am i wrong about this? i’m currently at 12 mil tryna reach a billion at least
just buy coins,and put them in a hard wallet and give to your kids, this is the
i think people are trying to make quick money. i think it will take about 2-4 years before we can really see, where we're going.
any news guys ?
up 17% in 24 hours
taking a little dip rn
tryna go back up
wish it would at least just stay above .00003000. it just keeps teasing.
guys new abstract limited edition nft on binance don't miss the chance link down below
i am having trouble moving my coins from metamask back to coinbase. metamask is just charging too much
shiba is on fire!!!!
should i buy more now or wait?
i only have 2mill
i'll buy more soon
shib hit .00004000 this early morning... after pulling back, still strongly pushing at .00004
if you do not have shib, buy now before it loses a 0. this is going to get expensive quick! buy. the movement was fast last night and this morning. shib looks like it has more legs, but we'll have to see later today and on. shib to the moon then mars 🚀🚀🚀🚀🚀
i bougt now 231 million shiba
probably not yet it’s going to have to hit the ceiling robinhood doesn’t add things that are under 20 cents
if it hits robinhood it’s going to skyrocket
robinhood reported a 12% drop in earnings yesterday, so they would be crazy not to add shib to their offerings right now!!! their citing regulators is a bit of a stonewall, since so many other companies are transacting shib. it’s time! go shib go!!!
looks like robinhood moment is imminent, crazy price raise going on.
while it may sky rocket be careful guys, there are rumours of rugpull as well
this shit cray, billionaires seem to be dumping millions into crypto to dodge these tax hikes that are about to be rolled out.
yes buy buy buy, we want 1 doller. lets go
how can one buy such a bs coin?
all crypto is bullshit . just ride it until the wheels fall off. i hope shiba hits a penny lol
hope for 1 $
hold until you die with 0
so whats new ?
loving watching the price collapse. i'm hoping for another 50% drop.
even a small amount will help me get back on my feet.
hi guys, i have always been a believer in shiba inu and had a billion coins at .000008. my life savings... right before the rally started someone hacked into my account and transferred my entire holding. can any of you help me with some shiba inu.
ready for impact ?
mate do not believe what ppl say bad about shibs they said same about internet late 90s they said same about phones same about btc and ppl will always say bad evs etc. i go with my believes i would not die poor or medium class worker. i have lots invest
let us all just buy like . who agree?
guys i really need this to happen. i owe a lot of bad people some money.
shiba to 1 cent lets go
shib to 1.00 what year?
for those who have shiba on crypto.com, when your reach your goal. how do you plan to sell shiba? cuz i cannot find a way to. i guess i'll be hodl for life
just believe me sit back relax and watch me pump that shiba like a mad man till i dont have any money
and they are saying whales are controlling this coin. i'd like to see a whale with that kind of volume!
protip, keep 80% of your shib in cold storage, and 20% liquid on an exchange like coinbase pro. you can use that 20% to fractionally slice off profits at certain price points. for instance, i have 300 mil on cbp and another 600m in my cold wallet. yesterday at .000014 i sold 10m of shib for 200$. you can easily use this to re-invest at a later time during a bear market and make even more shib. ;)
guys dont be stupid keep pumping till we make it to 1 euro then our shiba can go to the moon their own and then you start selling
if doge did what it did, we can do anything as a community
if it ever hits 1 euro the wolrd will change so much ... just imagine how many millionaires will rise ... and how many billionaires will become trillionaires
sauce: some price calculation that adds up to 100x all the money in the world
nobody with a brain thinks this will ever be a dollar. the most optimistic of us are hoping for a penny.
mate dont fool your self this is not an ordinary spike this is the spike that starts fuels or rocket to the moon we just started another 0 will fall in the next 24 hours
only if you want to be rich one day
we're holding the line
god damn, i bought it when it was 0.0*sum thing 32 and it will be awesome if it would go higher
when do you guys think the price is gonna cap tho
you’re stacked. waiting for a certain price or just holding until it starts dropping ?
surely you already gave a far bit of profit with that amount
wow…you shouldn’t be giving financial advice. everything you said is wrong. and please enlighten the folks here exactly what roth ira allows you to hold shib as an asset. go ahead, we’ll wait.
it will change you finance forever
hold or buy more 😏 never sell
someone tell him what to do
i wish i knew the answer!
that’s most likely his deposit address, you can see many of these address, including the person who owns the most shib. it’s not dangerous unless it’s your withdrawal
same, i do not think anyone could fault us. 100,000% return on investment? if that is not "enough" what is?
nobody likes a negative nancy. were you saying that when doge was at .08?
if it did, my house is paid.
this rocket has only 1 destination ... the moon ... keep pumping my bro till we reach 1 euro
do not give me hope dude...
? how would you know
you’re going to be rich
please support me in my jurney to the moon guys exterminate those who dont believe that we the common people can make a big change in the crypto world
dip hodl and repeat
good job bro keep up with the great pumps
i do not think shib is going to get any cheaper m8. it is starting to pick up steam if we are lucky and if anything it will just keep getting more pricy
dont be dumb. lambos cost more than 8k
pay off house. car loan, college, debt... very like changing
how many coins you got
i know a clutch costs £3,500
i would say volume
i think its been forced down and held back, people where pump and dumping making short change.
i know i’m right there with ya
im afraid of it being a pump in dump so i only put in . but i know the reddit
on coinbase (and presumably other sites) you can 'vault' your holdings for a period of time, during which you cannot sell them
take at least 25% burn
crypto is this unreal
if you hodl until 0.1 that is .4m
i think i can do that
seemeth like thither is about to beest a lot moo excit'ment at thy shib party! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
yea! some friends of mine are into it 2!
you just need to eat a lot of pizza
hahahaah and enjoying a cheap ass but tasty pizza. and just be you instead of a puffed money pig
i held since 2014 for that!
to hold - (verb) a synonym for the act of hodling
hard to say, but in 2014...a .01 doge was a 'never gonna happen' kind of thing
i thought that was hodl. thanks for clarifying
so hold is for when things are going well and hodl is for when the dip happens. 🤓
a trick calculate how many coins you have. then times it by .0000x or whatever the current number is. then you can delete 0 and see how much it would be at that price.
welp, r.i.p. your boy, me. i should have bought way more back in the day.
haha we better going!
crypto.com does not show it got up to 25 🤔
i think the opposite seems to be happening
is a buy the same a converting?
it's possible...just not anytime soon lol, like, not before 2030 soon.
ya, i saw that. not going to happen. did yours cut out as well?
if they burned a ton, like down to 5 billion or something, then it would have a better chance.
ya, that was 100% a scam of some sort
never fall for the "send us this much, and we'll send you back double"
only way i'd do it is if musk himself facetimed me and told me he would do it lol
i pray that’s true
ya i saw that. that would be pretty awesome.
nobody knows lol. depends on what you think shib is going to do. if you think its going to rocket, then may as well get in now.
that's how i'm viewing it. i put 300 in at .00000616 for 48.7 million. now i'm up to 450 and i'm just gonna sit on this amount. i just need it to hit at least 0.0174 to get my million. i'll toss that into some dividend stocks like o and nhi and just focus on getting my phd
that's the most important part of this, never spend more than you can afford. this stuff is just like gambling. if you're going to go bankrupt if the coin does not take off, then you should not invest that much in it.
not confident enough to put more than around . that being said, there are some rumors that rh will be listing it, which should cause a decent pump, if true.
something something elon musk
it’s complicated but do you all think it’s possible?
it’s complicated but if robinhood include shib into the platform, maybe it’s possible
this. the price is still such a small fraction its hardly debatable. just hang on to it lol
i have 100 million and hoping the same
be grateful for what you have since many of us would love to be in your shoes 🙏🏼
it’s gonna be ok, dude! you’ll have half a mil when it hits a penny.
i think elon is trying to stay relevant and help a little. it certainly does not hurt.
make sure you have enough to live off of, dude. and if you ever need a shoulder to cry on, cause this shiba has been volition as anything, you’ve got a very strong community right here!! we’ve all been through a whole roller coaster of emotion since the last time it skyrocketed; it’s all about the long game and don’t lose sight of that!
-012 is not lacking valor, i bethink its 'round 17? anon? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
aww 😅 it’s rough man. i’ve been so down in the crypto markets this past year, i don’t even keep count of my losses anymore. but i know it’s not about the momentary losses. crypto has its insane dips. but each dip is a little higher than the last- it’s trending up. in five years, i know i’ll be pretty darn well off, even if it looks thismal from where i’m at now! also- remember to buy the dip. the dip is the thiscount price; just like it always dips, it always goes back up!
we're at 0. 000017 alloweth's receiveth t!! keepeth t pumping overnight *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i'm hoping that it does i'm willing to risk a lot right now
how do you know ??
i'll bring the bottles
for real, whats happenin'
it may be listed on robinhood and musk
yeah he was around hundreds of years ago…
no bro, not yet
i don’t wanna think when this happen…
can you freakin imagine that!!!
pull the original investment out and let the extra 4k do the rest stress free! that's alot of money to lose if things go sour.
it will crash any minute now. good luck.
buy it from cheap wallet then transfer it’s easy no cost🙌🏽🙌🏽🙌🏽
petition on change.org to list. 205k signed!!! once on robinhood it’s all in!!
coinbase wallet is good
we did 😂 even if not at the bottom it doesn’t really matter
doesn't work that way. nobody really knows. you have to know for yourself.
it depends what the value is when you purchase vs the value of it in the future if you decide to hold or sell... in the simplest way i can put it
multiply the number of coins you’ll get when you purchase by the price you expect to sell
120quid is nothing,hold hold hold!!!
buy on a real wallet webull is like an iou not the real coin
now its time to show our true hodl power my friend
multiply 52 million by .01
somebody could have said the same thing about bitcoin in its early days ... nothing can stop the inevitable guys keep holding
i dont know can anybody confim that ??
that's a good sign
it has made that move. have faith and invest. its bumped .00004000 several times overnight then retreated. overall, a great move. looks great for the future of shib 🚀🚀🚀🚀🚀
you mean a bnb coin ( binance coin)?
bro just join squid games
have you set up a fiat wallet?
how is shiba at 1 euro not 'to the moon' yet? shiba at 1 euro would be the moonliest moon possible already for shiba... i like how you set your targets, and i do not mean to be negative, but is not that asking for a bit too much? that's way over a 100x the market cap of btc right now?
that would be a pretty good feeling right about now lol
if it hits .10 i'll open a shiba refuge and dedicate a temple to the shiba gods in bronze
holding all the way
i bought on the drops around 0.000004 snd 5s
i am 4 figured in on shib and have been holding since beginning of may. i want it to reach .01 just as much as you. but there is a whale controlling it
same, and not only my house, a nice supercar too lmao
you got it 😤
we can do anything we set our minds to overnight … that’s what people don’t see, small investment from everyone makes this rocket 🚀 move forward
there were 1 quadrillion in circulation when it first launched - now only 397 trillion - 603 trillion were burned
🤣 i hear that
then turn that into 1m+
what are interest on 30 days
will be much more 25% burn
thats crazy and i love it lol
haha let us do it together!
bro are you a dogefather?
doge had a much smaller volume. under 30b and the price only had 3 zeros. this going to a penny would be like doge going to a few hundred
a trick lol that’s called math
fair point lol. eh, i'll do it, i can afford this much, but i'll hold off on getting more than that.
i can see it hitting .0001 or at least .00005 in a few months if it keeps going the way it is and holds traction.
well for now things are going well and with robinhood accepting shiba inu, i’m pretty sure it’ll rise again. after that your right
yes, i know... but i meant, 50... i just wanted to know about another experiences with similar investments... 😬😃
i'm at almost 4 and that is about as much as i can do for now.
maybe i'm not navigating the app correctly, i'll try it again
it is but scary as shit lol
goat. i’m also holding my 10.9 mil coins until the right price
how much money gave you made now then?
there was with doge too - it still hit .7
why are they being burned?
if it hits .10 ill pay for the ink!
heh i was just bored in dec 2013 and wanted to learn how to mine
it's what i did earlier. dropped a small amount in the pot, if it zero's out, then no biggie. if it rockets, then i'm happy :)
at 1 cent right now 50
whatever you can afford and hold it, when it blows up let’s go on a fishing trip on your new boat.
in 2 days i'm up 13k
doge and shib are totally different. shib has a different market cap that makes it unrealistically hard for it to hit .01 , not trying to be negative but i want y’all to make realistic profits and big money without losing
multiple reasons...there is a burn plan in place by the developers is the one that matters for the future
if you have a billion of something that totals , you can burn half of it in hopes that will kickstart people into investing, which could bump the price up to say 3x what it was before. now instead of 15k you have .5k. but the hope is that it goes up even more
haha! lets do this!
exactly me too, if it doesn’t go anywhere who cares and i’ll lose a bit of money but if it rockets it’ll pay off tremendously
my bad a little more than 25000
but, that could happen?? for real? 😅😬
nobody cares about realistic profits. you're trying to use logic with meme coins.
so an intentional diminishing of the supply. sounds good from a economics standpoint as long as demand holds. why release a ton and then constrict the supply?
got it, so an artificially low price due to an exaggerated supply for a period of time helps incentivize early adopters. makes sense to me
rent the studio for the weekend!
just joined the cult 💎💎
break the next wall and eat the zero
there is always a pull back after ath that lasts a few days maybe a week or two. last week everyone was freaking out because we went from .000033 to .000024 ish. how many of those people panic sold?
and this is why you hold!
can anyone explain the circulating supply increase?!?!
bought more today for a total balance: 200,089,914.89510012 shib
just bought in. if it dips more i am buying more. i got an itch and the cure is more shib!!!!
amen 🙏!!!! just bought two dips. lol
buying and holding, this a correction of those gains we got. more to come
just bought another 15mill
i’m for another . was waiting for this dip.
just bought another !! stay strong
going to buy the dip!!
bought some more in the dip and i’m holding now.
sell high buy low
just bought another . 11 million and counting. plan on having 100 million+ by january 1st.
they should keep !
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millionaire’s club!!!! will be billionaire’s soon.
11 million shib is still a lot and every bit counts. don’t get thiscouraged by the people who own hundreds of millions of shib and billions of shib. just buy what you can and hold. it may take 5-10 years, but it’ll be worth it.
welcome to the million club. now hodl adamantium hands
one of us, one of us
i see more potential for shiba then doge just for the simple fact that its backed up by etherium and its a set amount of coins, not to mention that more than a 100b was burnt right? (dont remember the exact amount but from what i read that brought up the price) this is our secound chance guys lets take it
i just picked up another 2 million to bring my total to 24,058,856! i'm all in on this ride to the top or bottom. there will be a lot of suddenly rich people if this pops up even to a few cents!
better to have some then none all
most of us, they talk shit but they can’t fuck with most of us 🙏🏻 shiba gang , riding to the moon an we don’t give a fuck 🔥
i'm about the same holding size as you. that's some skin in the game and soon that skin will be on the moon 🚀🚀🚀🚀🚀🌚
need swap to open soon
i just bout a similar amount friend. here's to making it!
would be nice to have some millions but i'm not greedy. once i'll have enough to buy flat or small house it is awesome!
welcome! take a seat.
im going to join it soon i live in ny its sooo hard to buy shiba
welcome!! you have to begin w;)
welcome. you’re family now.💯💯🚀🚀🚀
i buy a little at a time. so that is a good amount to start with
25 a check if you can! my goal wasn’t too far from where you are. trust you get there pretty quickly.
we stay together this army will never be broken. i am glad you are a part of it.🤠🚀
my thoughts exactly. i’m willing to hold 10 years if need be.
i have only 2.7 mill so more then i. good luck investing:)
ok that’s oddly similar to what i have in on this
i have almost the same. or very close to it
remember when bitcoin hit ? yeah... kinda like that.
welcome! i just joined myself! now we wait ;)
of course it is a crazy amount 👍🏽 welcome to our shibarmy
45 mil here. holding till down payment on house. yes there are a lot of coins in circulation but as the years go on, coins will be bought and coins will be burnt
man i have a shibaddiction , i keep buying everyday like a crazy junkie , i told myseld ill buy not more than 20 million shibas , now i have over 150 million . and i cant stop , please help . 😭
hey it’s more than i have. i’m wishing this thing goes to a dollar but everyone says it’s impossible. can we make it happen?
even 1 shib and you are in . even 0 shib and we still welcome and invite to the community and share knowledge. shib to the moon!
i'm holding 27mil and i ll be adding more
at .009 you will have ,015.43
put it into "earn" to get mor shibs every 7 days
ay,,, if it hit 30¢,,,, it’s a huge plus! 👍🏽👍🏽👍🏽
i live in ny and haven’t been able to buy any. how can i buy some in ny? i have tried different wallets and nothing 😩
guys whats your set goal for investing in shiba? aka: how much are you planning to invest?
where did you buy your shiba?
crypto.com took like 50 dollars to transfer shiba to metamask 😧😧😧🧐
i have been trying to buy coin on there forever, but crypto.com says that there is a problem and to contact support... card is brand new and activated and bank has money... ughhh so frustrating
what app are you all using?
what platform can i buy shib?
so once all of us become millionaires and billionaires, how do we sell and cash out?
sorry for the dumb question, but what platform are you using to buy it?
where do you all buy?
just get your diamond hands ready! gonna be a long bumpy trip, but we'll worth it!
not a crazy amount, just 11mil lol
hey i have less than that but still huge gains in my book in a year or 2!
how do you buy it i can’t figure it out
omg: i am trying to purchase this crypto but cannot figure out a way to get money into an account to make me able to buy it
soon enough i'll hit 10 million. i'll sit where i'm at for now.
dumb question? why pronounce it hodl instead of hold?
damn more then me you have 😊
14 m and more biweekly 💎💯
75 million here. i hope to get up to 100 million soon.
16m and counting every paycheck :)
if it hits . you will be crazy happy!
every bit counts. welcome to the team
don’t worry dude you have more than me and you got it 4x cheaper
lo importante no es la cantidad es que todos hagamos hold hasta el 0,001 y si es posible hasta el 0,01
we need more coins burned though community effort is needed
how can i buy shiba inu in new york?
is my 30mil enough?
just got paid... bought another 25m. i'm in for the thistance 👊👊
anyone stake their shib? i did on [crypto.com]( not all of it, just the min, 8mil shib. it is 2% interest and locked in for 3 mos at a time.
get free giveaway of 1000 tokens of blastoff.finance to join telegram link by following link
i got 700m holding till .01
i have 10 mill i've been holding for few months i'll hold for a few years if it hits more platforms then i'll buy more
you cannot become millionaire with shibainu coin.
what's the ideal goal to hold
do you guys really believe this bullshit??
gooble gobble gooble gobble, one of us!
400 trillion were removed from circulation and locked away in dead wallets. not technically a burn but ita still good to know you're only workin with 590 trillion coins then a quad
not after taxes in america lol
you cannot just buy on binance in ny?
just buy on uniswap. you can be anywhere then.
where do i buy shiba?
most likely not, even 1 cent is tough. i thin half a cent is reachable.
how do you do that
the odds of it hitting .1 are astronomical
bro if it hits 5 cents lmaooo
i live in ny as well, i use gate.io app to buy shiba inu
is meta mask on line app
why the hell did you do that 🤦🏼‍♂️🤦🏼‍♂️🤦🏼‍♂️ you can swap on crypto.com for nothing dude, crypto has a defi wallet also, where you can put your cryptos in and transfer them for free from crypto app to crypto defi wallet, the fees are on the whitepapper listed and if you transfer to a foreign wallet, there are fees
it happened to me. just call your bank and let them know what you are trying to do and to authorize the transaction. then you can start using your card right away.
you won’t be able to, i live in mn and my bank won’t let me join crypto.com because they are out of country. so i bought etherum on coinbase and used that to get shiba on uniswap. so far i have 31 million and won’t stop till i have 100 million.
the app is crypto.com
i just bought mine on kucoin
some, i recommend crypto.com
hold on for dear life
it won’t… do you know anything about market cap? if it hit . bitcoin was just over a trillion market cap, shiba may reach .1 but i think 0.005 is more reasonable. my 31 mill will be 155k then.
yeah bitches. hold. hold.
funny that’s what they said about bitcoin, and then doge...
who knew about bitcoin, eth, dogecoin
your wife will be making you think different when i become her boyfriend in a few years.
i’ve already made a profit from shib and i’m invested in many stocks and cryptos so i really don’t care if shib doesn’t skyrocket
check the shiba website. read the "woof papers" it will be a chance to compound your money gained...
that’s what i did, sitting on 31 milly. gonna buy
just now seeing this! i got the crypto.com app and bought it there.
trust wallet. if you have coinbase get eth on there and send it to trust wallet eth, then exchange trust wallet eth for shiba
install the app buy min. 8 million shib and put it into 'earn'
even if it hits .001, that will take my 55 million shibs to 55k, which would be a nice down payment on a house
same thing said about bitcoin same thing said about etherium same thing said about dogecoin make sure its you deciding your investments and not these "experts" who like to talk crap and thiscourage people from actually looking into it... whats funny enough they are probably investing in the same crypto making you believe they are not lolll
you can also buy xlm on coinbase and transfer to bitmart. sell for usdt then buy shib.
going to be necessary to use shiba swap according to dev
ahhh because i’m retarted!!! 🤷‍♂️😣😩 we live and we learn i guess. thanks
you don’t understand market cap. please go do your research
the difference: bitcoin has a circulating supply of 19 million dogecoin has a circulating supply of 129.9 billion shibainu has a circulating supply of 395 trillion shib has 20.7 million times more supply than bitcoin and 3,040 times more supply than dogecoin. even if shib cut it is circulating supply in half, a 0.01 shibainu coin would have a market cap of 1.975 trillion usd, which is almost three times larger than bitcoins current market cap. is it possible? yes is it likely? no
in order to hit .
plus whats the fucking harm... sarcy comment by that guy
thank you, will check out
did not realize i could do that, just put my 8 mil coins in there haha. thanks for sharing!
he asked hiw to put them into 'earn', how will trustwallet support this???
you talking the app crypto.com
the problem is volume
i’m not looking for an online wallet prefer a wallet that i can only have access to you have to be careful when other platforms over your money
that’s all you have to say mr smart guy? you want to critique my comment but offer nothing in the form or thiscussion. you’re a dipshit and it’s apparently you that doesn’t know what a market cap is….
absolutely, agree - i was merely being optimistic with the individual who posted... especially considering it’s someone new joining the community... after all one of the main drivers (originally) behind the crypto markets (bitcoins) success, was optimism. or, if you like - a bunch of people investing in something they didn’t really understand, that technically (at the time) had no real intrinsic value. ultimately, i don’t expect shina inu to generate a massive return. but with it being this early on... you never know. plus i like the community, and the developers. dyor, but i’ve read through their white paper... and when we compare shiba to other coins in the market, of similar calibre, i think this one has more to offer. especially considering the following it has generated online ... history can repeat itself... and really, we just never know which way this will go🤷‍♂️ only time can tell - but might as well be optimistic!!
🤣🤣🤣🤣. same thing was said about bitcoin, eth and others….
it would have to have a market cap of a few hundred trillion. not happening i don’t think. but maybe it’ll come close. or something will happen. but they’ll have to burn a lot more coins for it to have big potential
you're welcome, spread it also 🤙☝️
my bad thought the question was how to buy shiba coin
one of the best crypto apps ever, huge possibilities, low fees, first 30 days free trade and so on, just awesome
the ellipal titan seems to be pretty legit cold wallet don’t know if you could transfer shib to it though.
lmao don’t get so angry. if you don’t know anything about market cap go do your research. it’s not my responsibility to educate you. be smart take accountability for your lack of education. next time before making a comment, make sure you are correct. don’t act like you know when you don’t. it’s ok to not know and keep quiet
ok, let us just assume shiba hits 's economy. you cannot just become millionaire with just a small investment.
on crypto for zero fees for the first 30 days
i’m already on crypto.com
oh really…...? so how come people with bitcoin have??? explain that!!! wait few years…. it seems unrealistic but just wait.
that’s were you wrong, obviously you have done no research on this coin and what it’s purpose is but the master plan behind it all is to generate more wealth for the people. yes your scared about the cap but that is going to change with shiba swap and burn off. you say it can’t make you rich and that depends on your definition of rich millions sure could be possible depending on how much you have. thousandaire with minimum investment absolutely possible.
that get it on,do not forget the supercharger event with shiba coin
benutze meinen empfehlungslink für die registrierung bei crypto.com und wir erhalten beide :) use that link...
what "just a few when trading", does not understand your sentence
bro, it is not like 1 person had like 1 billion bitcoins at the start and in this subreddit i have seen a person have like almost 2b shibainu coin. in few years it will just reach .001 that is it.
jesus, you're so uneducated its not even funny
yes, you can get thousands of dollars according to your investment but millions are not possible.
like a few dollars or a charge, my b
okay. .001 is still better than today’s price. give it 5 years
i'd be happy with .001! turn my , all for doing nothing but hodling for a few years. i mean i have other coins i believe in more but that does not mean i'm going to sell.
it's funny that some ppl are so far away from reality .
to the moon bitches
i have 2 billion and some change shiba is it not possible for me to make a million dollars.
yeah but the gain versus my investment how can you not invest. my 20,000 has the potential to make a lot more but if it does nothing but make me a dollar i still win if it tanks in which is very doubtful there’s too many people and businesses now supporting it, not to mention the amount of money that has been poured into it. it is going nowhere but up very soon jump on the train or watch everyone surpass you on it.
30 days free trade, than 2.99%, but there are possibilities to dump the fees, trading coins and so on
it will take this coin 100 yrs to reach .
how much money do you have in it?
not everyone invested 20k.
extraterrestrials more believable than siba hitting .
why be so negative about shiba everyone is aloud to hope for the future and financial freedom
🤣🤣🤣🤣. same thing was said about bitcoin back in 2012-2013.
or it might never reach.
enough to be a millionaire
not everyone is a pessimist as well.
if , that would mean 27.75 times the amount of money currently circulating in the world economy right now which is obviously impossible. . if we compared it to dogecoin, it could multiply 10 fold to reach . that would mean, compared to a current popular coin in dogecoin, that .0001674. if , considering btc current market cap of around , it would be worth around .00239382, or about 143 times the current value. as of may 17th, 2021, the current crypto market cap in the world is around . it could obviously rise way above that. but i suggest caution when investing in cryptocurrency.
you will get a million if it reaches like .001.
this is the reality like it or not.
sure. there are a lot of theories but theories have been proven wrong one after another. shib to the 🌙 just like amc and gme
you know where doge was in 2017???? .000900 and look at it now….
if it reaches .
who is talking about real money or it reaches to . lets just stick to .01 or .02. 😃
kinda like your moms weight?
.0001 that is it
yeah i’d be fine with 0.02 lol
sure sure. you can read the future.
no, its just that i know a little about how things work.
sure. so if you know did you buy bitcoin or eth or dogecoin or any other crypto and at what price and how much?
i have dogecoin and i do stocks. i bought doge at .3 and i think it will only reach a .
nope...many people say doge will never reach .
should i sell all the dumb little quizzes i have done and transfer to shib?
cardano has been stagnant for long
shiba inu at this moment has made me the most in crypto currency i’m 200%up
wait until the shib price drops...thats why we always say buy the dip and hodl! otherwise when it pulls back you will be posting about your -----% loss
it’s your money and you decide what to do with it. but!! my opinion is that ada still very sheap and i hope to see it blast off to the moon in the future like ethereum or bitcoin. i’m talking long term and i see it as a really good investment. if it was me, i wouldn’t change it for any other crypto, just hodl.
better … the next run up just started
that’s easy just do the math and go with the project you believe in most! 10,000ada will need to go to ,000,000! 300,000,000 shib will need to reach .00035 to reach ,050,000! which one do you believe is most likely to get their!🖖🏼🖖🏻🖖🖖🏿🖖🏾🖖🏽
a long time ago ain’t nobody got the community like does !
look at it this way. ada is the coin that promised the sun and the moon but delivered a potato. shiba is the joke that promised nothing, got insulted and spat on yet delivered this much till date.
i wouldn’t cardano is so valuable and will only get higher, i would have both
no!! stake it and earn meld. ada is still gonna pop!!
no. wait a few days for it to drop back to .000023-.000025 don’t waste the opportunity for that growth
lol buy high sell low.
i hold both. tough call.
i don’t think you should tbh…ada has underperformed its peers like sol. shib is a meme coin, self-explanatory.
fraction of a cent. meanwhile it moved up to 17 in rank on the crypto app and is a top performer again today. get it now because everyone’s thinking the same thing. everyone is going to be buying mass amount of this now. also check it, once it hits a penny newcomers will think thats cheap. but how much money will you have made by then? at a penny people will still be buy buy buy because they want to see this repeat the doge way. this is the way.
i just slod my ada and xlm and put it all on shiba
fortune favours the bold. i made the same move 3 months ago and shib has made me very happy thus far.
i did mine 3 weeks ago
lol that’s the stupidest shit i’ve ever read on reddit.
in my opinion (supported by my very limited experience and knowledge) cardano is an investment similar to a good stock, a long term play. shiba is a gme-type play - huge risk, huge upside, subject to undefined whims of strangers, shorts and climate change. hodling makes it a long(er) term play, beer has the potential of making it worthy short-term play. my suggestion is to act according to the worst possible outcome you can live with.
cardano will compete with eth. its damn near written in stone. just be patient
shoulda done it forever ago fam
bro i made 5 dollars since it went up. not huge but better than nothing😂
a week before the first spike i was joking around with my buddy about converting my ’t expect the coin to do anything anytime soon. now here we are, punching the air. but i’d do a little at a time just in case it crashes down a bit you can snag some at a lower cost but everyone knows that
i think it is better to diversify your crypto-folio.
still sleeping giant when it wake up it kick another zeros
do it before it’s too expensive
yes🚀🚀🚀🚀🚀 i invest . now i have 2000. and my other account i invest ,000
bet you wish you had
as darth sidius says"do it"
i just did too lol
why the jump?? why is it going up so fast ? today that is
this sweet sweet run just started
i’m not doing anything that i will regret in the near future i’m just asking you guys for your opinion
hold ada also, it has a big potential, just like solana
what fun is life without risk?
shoulda done it last week amigo
keep that ada and buy shiba. hold for at least 5 years. *not financial advise*
you should of done that yesterday
might wanna try and wait for a dip, but also it might not dip
shoulda done it yesterday!
doing it is the way
i have both. personally, i never sell cardano. it’s just one of my main pillars. with that being said, if you do swap (if you haven’t already), i wouldn’t swap the whole amount. maybe like 5k worth. but that’s just me.
no. i own millions of shib but it is currently a shitty meme coin. i would never trade out of my positions in real ecosystems (ada, luna, sol, eth) for shib. use the ada as collateral on a dex to borrow a stable coin to invest in speculative assets. use the profits from the speculative asset to acquire more apex assets. rinse and repeat.
i got rid of my ada just now at a lost which is easily to get back here.
there goes shiba there goes shiba! to the moon alice! 🚀🌛👍
if you want to get rich do it
do whatever you think is good. but i think ada will take off soon. and shib is still at spare change, buy some if you can.
maybe just your profit from ada or half
wait for shiba to go down never buy high
ada has been stagnant but has lots of utility and is well built. a bull run on alt coins is about to happen so that stagnation could change soon. i moved my ada into matic about two weeks ago as i think matic will have more growth in this bull market. however, ada might be one of the best long-term investments out there.
i sold all my eth, ada, and doge to yolo shib. i regret nothing.
now is not the time to convert, wait for it to hit low again
hmm hype as usual. ping me when the price settles down to a new floor.
show us the cardano
diversify. i hold shib, but ada too. ada a solid coin imo.
shiba is on the rise,,seatbelts on,please...
wait for the dip. always buy when price is correcting, not on the upswing. i highly recommend shiba coin, it will bring blessings to us all. so, once you buy in, hold.
i converted all my coins to shiba
ofcourse, the train is on and nothing is stopping it now.
you can buy about 600,000,000 million shiba sir with that amount
maybe wait for the next dip then do it.
not now. wait for it to dip so you get maximum amount of
i say keep your cardano and buy some shiba !
in my opinion a month ago like i did.
if you fomo in you might get dumped on and when ada pumps again you’ll miss out on that as well
my financial advice aren’t free 🤣
do it then burn it please. up vote as thanks.
big yes, but wait til a substantial drop so you get more possibly for financial growth
ada was good last year around christmas for me.
lmao i swapped the 40 bucks i made from the coinbase lessons for shiba and now it is at around 600. 600 bucks just from downloading an app and doing a bunch of quizzes 🤣
do it now or never
cardano is worth keeping.
i probably would've waited with half to see if it was gonna dip.
i actually converted my ada about a week ago right when it was around 0.0...25, was a great choice so far. (nfa)
i moved everything to shiba about 3 weeks back. happier than shit!!! buying more next pull back.
i did days ago in anticipation of this run up. the chart doesnt lie, and i wasnt going to miss the best gains i could get. so i emptied my ada into shib. all but . this is the way!!!!
do it ! it’s not to late
if it holds at 33 thru monday i would say yeah, but this could be a temporary spike, and i learned the hard way with 3 other cryptos when i bought them at their yearly high and have yet to return. wait and make sure it is holding.
that would be very dumb considering cardano has the potential to end up . shiba is way more volatile.
wait for the next dip into the 2s and then do it probably a day or two.
cardano was the worst investment i made so far...
christ no ada is worth way more than shib right now i would do half not all cause shib is not really stable even though we are seeing gains card i will likely have a huge burn before shib does again just my opinion and what i would do
do it! i converted doge to shiba.
hell yeah i would. i converted 1700 ish ada awhile back and i staked mostly in bone.
i did that 2 weeks ago for shib and avalanche. debating if i should ditch doge next
yolo. i would put half in axifinity 5k in enzyme 5k in shiba
shoulda did that in may
should have yesterday but join the shib army now we are just getting started
not while it’s running. you don’t want to chase a moving stock or asset
the only way to be sure. flip a coin. heads you buy, tails you don’t.
i covered everything too shib in my crypto portfolio
yea never too late considering the potential trajectory of shiba in the long run. sold my ada a few weeks back, maybe keep a little if you still support ada... but yea it’s shiba time.
ada is crap. no gains at all
should have already done it
if you plan on holding for 2 years. yes it’s extra early. we will hit .01 by then.
yea let’s rally !
do it you oscar meyer weenier
do it shiba is exploding now going to .01 buy 6pm .10 by 3 am the bang 1.00 by 8 am but wait there is more. if you act now we can guarantee 5.00 buy this time tomorrow. so double down. these comments are not affiliated with the poster. we expect no responsibility for this post. please do not drink and invest. the future you save may be your own.
maybe i’ll get hate for this but i don’t think that’s a wise idea. believe me i am super bullish on shib…but…. i am super bullish on ada as well. i say you convert that usd into shib…
convert half keep the other half in that project, you invested in it for a reason
what are you waiting for? christmas?
no, ada is a hodl too imo. but yes, because shib. 🙃
i wouldn't sell all my ada but some maybe
you should sell ada when it goes below 2 , it can go down to the 1.68‐1.80 resistant points , you can buy them again at cheaper cost to increase your coins. for converting your ada, do not buy shib now , its already high , wait and sell when robinhood adds it, then buy shib to go up with the wave.
buy, you oscar meyer weenier
reddit removed live chat?
dump and buy, we’re already packing up the 3rd 🚀 hop in
i would, i swapped cro, avax, ada, eth, bnb to shibs: 2.5 billion shibs.
i converted all my doge about 2 weeks ago to shib. i think shib has a lot of room to go. one day it will be .001.
that’s pretty much what i did several weeks ago
hell yea i feel it bursting very soon
i did it last week
if you can’t (not anvice) but i would buy shib. keep ada. diversify.
nope don’t do it ada is gonna do their part soon
i don’t no ada is due for pump also
there's a group of 3 of us at work that have built a "crypto" team and each one of us has diff buying capability. with that said one of them is super bullish on ada, flipped his . if ya do not make what ya want off of it just convert it back to what ya want
579,000,000 shares and growing i believe
i did that this morning!
converted my eth to shiba!!! let’s goo
have both if you can🤷🏼‍♂️
lol at all the comments in this thread.
you would have made some money in the time it took you to put this
look at the money would've made in the past 5 hours and you tell me.
burn baby buuuurnnnn! 🔥🔥🔥🔥🚀🚀🚀
noo!!! keep your cardano! either stake it or earn with it another way but never sell your ada… still buy shiba! keep your ada
why tf ada never leaves ?
don’t do it man
not smart. ada should not be sold. instead convert 10,000 fiat to shiba
see, now i’m just waiting for shib to dip so i can just pool more btc into it for the next spike.
do it, just converted all my other coins to shiba
hell no unless it’s for a week
wouldn’t sell all of your ada into shib. cardano is going to prosper- let’s be real. move some of it, maybe 1000 into shib to stack up now and if it pops, then sell it. i wouldn’t trade one for the other because cardano is fundamentally legit and can do some solid things in crypto. so don’t trade with emotions and stop chasing that fast buck. it doesn’t exist in crypto. move a portion of whatever you have to gain position in the short term, but don’t thismiss your hard work and investments just because it’s not performing for something that’s rather insignificant but has potential for profits when you own volume. maintain both sides - both accumulating now while the price is low vs. accumulating now while the price is popular. play both sides, but don’t settle for the easy investment. settle for the one that is worth buying now for what it’s going to be a year from now.
buy it’s going to break resistance
this is the wayyy
you won’t do it
go big or go home
got 10 mil shiba should i buy more now or wait for a dip?? please reply asap
that’s what i did.
i really am unsure what’s happening with cardano but hold off for now i reckon.
when i saw that topic and hesitated myself to sell ada and increase 🐶. but it is to late right now. yes, guys most of the people will say one year later that they did mistake a bigggg mistake.
better wait for the retracement
definitely do it! i converted all my crypto to shib!
i hold both. only about 4,000 ada and 40,000,000 shib. i believe that both are good long term holds. so make like a kung fu master with rigor mortis.
that’s exactly what i did a couple of weeks ago
i did this with doge
nope. just buy some shib, you don’t wanna be the guy that posts on reddit later when cardano blows up. hold a bunch of stuff, diversify my dude
you're gonna exchange gem coin with shitcoin due to their temporary charts?
if you do that, include some ryoshis vision in your bag 💼💯🚀
just if this were me i’d keep 1-ish ada.
do your math, check the momentum and decide, it’ll be easy, stay math smart.
r you still waiting...however have 50% of your ada...it will boom as well
do you guys think is a bull run?
i hope you did
do it. was talking today to guy i’ve known for a while just chatted i mentioned and he said yea i have a lil shiba and he didn’t check it yet he said holy molley
why not what do you have to loose?
you're asking in shib sub. what do you think?
ada has been said to be dying off, their goals being less achievable. invest in shiba and get some profits
got the same dilema and yesterday night i sold 5k ada and turn them into shiba. so far it work out pretty well
i did bro, do it before it’s to late. shiba is almost up 50% since yesterday
id wait for it to crash a bit
wait for next dip. do it. forget about it 5 years. cocain and topmodels all life long.
do it i converted most of my stable coins to shiba ride the wave. when i make some profit i’ll buy back into stable coins then keep the left over shiba as all profit. that way i can let it ride and it’s all profit
imo if you really wanna convert some shiba maybe a quarter of your ada. ada long term i say has a way higher ceiling as it’s not a meme coin. i’ve read a lot about shiba due to supply it will be hard to break . ada will grow in time and have more of a future. just my 2 cents.
since its up 50% in the last 24 hours i say...hell yes what are you waiting for?
definitely do it and here’s why. research shows that cardano is not cute
no question about it get it done
i have converted my 8 eth to shiba and i think i made good decision all ready in plus
diversify don’t put all the 🥚🧺 not a financial adviser and i love and
i'm thinking of of doing the same thing. lol
i did that at .000007
you should have done it weeks ago...idk that i would risk it now
if you do , good for you , losing money must be your goals
shiba inu is garbage and all it’s worth is a short term gain , long term it’s pure garbage
i already swap xrp and ada with shib 🚀
the 'never too late' is a dangerous narrative. i personally wouldn't invest in projects that have already pumped.
i hope you did it lol
do it right now homie
shib is way too high a m. you’re best off going to solana’s samoyedcoin, i moved 12k ada to samo.
i like cardano cuz 1) it is freaking cheap as hell no matter how you look it. 2) it is environmentally friendly. i have not made any money on it yet but still sounds like a win-win to me long term
i already did !
just get the hell out.
how about you spend even 1 hour learning what the fuck cryptocurrency is. this post reads like some dipshit who has literally no clue what he is doing snap-deciding i wunt a dog on my crypto... cuz... dogs r cute. and 'look guys graph goes up! hurrrr' what a sincerely retarded post. youre going to go full send into a shitcoin and do so by saving your real crypto? wow. just. wow. could it work? sure! absolutely. the point is you clearly have zero understanding or grasp of what the fuck youre talking about. and given this obvious fact, not only should you not do this; you probably shouldnt deal in crypto at all. stick to usd and just lose 6% of your $$, you'll probably do better than your current trajectory of ignorance . fucking wow. # best part? you come to an echo chamber for advice. lol!!!!!! peak fucking stupid.
do it on the inevitable dip.
i sold 2m shib earlier to get some algo and cardano, about to reverse that...
it’s never to late for a little puppy who still growing
that's what i did
if you have to ask,
i did that too!
that's exactly how i bought my first shib
i spat cuervo cuz, "little quizzes" but they kinda paid off, right? 🤣
i did this on a whim when it was .000009 and the next day it took off. lucked out a bit there lol
cardano’s time will be january of 2022. we have a little time yet before we have to worry about loading up on it again
cardano is sucks i know but i made a good amount from it
yes, no one's selling and there is less cardano to buy. only coin without whales. the largest cardano wallet is 3%
i sold half my ada to buy shib about a month ago. ada i growing roots right now. i will jump back in after i make some money on shib. best thing to do! do it!
cardano also isnt a shitcoin like shib is. lol
and yes...cardano is going places for sure!! it was absolutely contest eth in the next two years! u heard it here first…or second or fifth. depending on if you have a good source lol
congrats but always remember be faithful and hold
well that’s cuz you were late to the boat. hopefully there’s a new shiba inu boat tho!
450% for a shit’s made me a nice return so far. but the “experts” say it ‘s fools gold.
unless you put it to dig or bury on shibaswap. then when anyone buys it you get rewards 😉 wait till the early hours when gas is cheap.
could not agree more. i have some shiba, and i would love to see it take off, but cardano (to me) has a stronger mission and purpose. my long term outlook for cardano is super bullish.
i agree. i think it will blow up later.
thanks for the advice sending you blessings all the way from sweden
i think ada is long term at least 4 to 5 grand a coin.
that’s true i m keeping ada though i don’t hv much but i will sell in 2031 regardless what the price is and i will buy little more and just leave like that
shouldn’t i keep some 😬
ada has grown over 3600% in less than two years what potato ?
yeah i’m telling you indian people are smart thanks to shatoshi after all
71bil mc vs 11bil mc lol
13 billion mc in one year is insane
upvoted because you called it a potato haha
agreed! buy and hodl both. ada and shib are both great investments💯
u are talking diamonds words who knows maybe in the near future it will pump up like bitcoin or etheruem
number 11 in rank now!!
that’s a lot of buying since there are trillions of coins
yep, ditched ada for some opportunity. i will buy back in by the end of the year.
ohhhh my little babies they are growing so fast 😯
such a lion 🦁
elon just confirmed he has bought more than 50 billion shiba tokens it’s all over the news
what will happen in with 3 months??!
i’m not on that financial edge 😯
look brother i’m 26 years old i can wait another 10 years 6 months ago i didn’t know what crypto means until i saw how people became bloody millionaire because of 10 dollars but i bet there are like many people don’t know what crypto means and they don’t even know how to buy it
u never know things always comes as not expected
do you know if robinhood is adding shiba on it’s platform
it’s on the move. i’d chill for now and wait for retrace
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a mistake in what way? by dumping ada or by not buying shib?
yeah bro idiots are selling only real investors hold
never take a decision so fast always ask your brothers
not too late. it's still a fraction of a cent. get after it!!!!
you could convert it, wait a while and then convert back to ada later. i think long-term that would be a smart move
it’s not the size of the dog in the fight but the size of the fight in the dog! lfg!
essentially the morning after a pizza party...
how do you know it will be january of 2022? lol
how can you say it sucks???? it’s grown exponentially this year and actually has a purpose and longevity
i didn’t. i came in late and it has never come back.
probably if you invested in the last couple of months, you have not really got a good return but i would recommend to keep and wait
always that’s the shiba pledge allegiance,hold buy more hold and buy
wow thanks you!! 😄 hope to see you on the moon!! sending blessings and positive vibes from puerto rico!!
if you have so many, yes you should keep som
do you know at what price ada started? thanks
you need to apply relativity to it, not absolute. ada hodlers shilling it claims it brings you the sun and the moon. 3600 or 7200 (i wasn’t counting) looks like a potato ain’t it? if absolute, then safemoon has spiked 350000% in a year alone. what then? the amount of smart contracts, use cases they’ve promised, only to be met with severely lagging processing speeds that resulted in tremendously delayed. not enough, the workaround is poop. yes, poop, proof of popular opinion method where admins decide which transactions go first during congestions.
i’m neither indian nor smart. i’m an ape
as a meme coin, it looks huge. as a coin that promises to save the world, it looks like shit doesn’t it?
u know that people are now buying eth calls with ,000 strike in mar22 for ? this is a damn good lottery!!
think ada can overtake both potentially, though personally i prefer luna
why are you lying?
there were some leaks, i'll post the screenshot if i can find it
no, i hold ada and believe in good future. but 47% increase of shiba inu today make me wonder who is growing faster. forgot to say, i am holding a good value of shiba inu too.
i didn’t sell just simply converted 😎🥸
who said i didn’t 🙄
there’s something like 400 trillion coins total. i don’t think it’s ever not going to be a fraction of a cent lol don’t take that as me saying not to invest in it though. i’m definitely holding!
bull market that may have just started is predicted to go until around march for crypto. and ada is aligned to capitalize on that window of time but btc has been a dampener of sorts. now that btc is gaining momentum, cardano has less reason to slave itself to btc’s price action. and without having to be locked to btc ada has catalysts in play to bring in many more investors. not an expert on ada, but i do hours of research daily and most things point to end of december-january before we see ada start breaking out is all.
yeah, people lack patience and conviction.
black panther: we don’t do that here
blessings from atlanta !
.01735 - 1 oct 2017
would proof of popular opinion be popo? not poop? lol
u belong to the jungle lol
i’m an indian ape 😂
u know if you could predict the future you could prevent many things
buying eth calls, strike prices? are you sure you’re on the right subreddit, my guy?
i’m kidding it’s not forbidden to joke lol
you said "should i" that kinda said you did not...
personally i would converted half, both are solid options but ada seems more like a guarantee while shiba is all our wet dream
bro i hope you did
i agree break out will be in january. when you traverse the common multiple in the rule of 72 ^ you get 4.71
i have 14,000 ada doing nothing !
how can you tell the bull market is raising?
lol stupid kids and an amc-
blessings from brunei 🇧🇳
you must be fun at parties, ruler. another absolute
yolo ape. i’ll see you on the moon
hahaha, i wish i could…
i am using deribit but it’s banned in the us so some people use ledger x
i am not indeed! got carried away 😀
i did it bro
yep that math adds up
lol thats y patients is a virtue
yo i'm all in on gme since almost a year back so i respectfully thisagree with your example lol. we know how to hold and wait.
blessings from bondi beach 🤗
who said you personally i hold amc too most kids want instant huge returns and aren’t realistic and don’t understand the investments they make
misunderstood you then! yeah, i think people see massive gains and get false expectations about how investments work. people who got rich from bitcoin did not get rich in a year.
shouldn’t we want both coins to win?
o.o i hope both pups do well. we all win with double lambo.
honestly i think thats where the negativety is coming from and i was one of them. theres def a facebook etoro ad and yeah i def bashed shiba and told everyone they are fools if they follow shib and not doge, a month l8er with my foot in my mouth im now counting my gains on shib and i effing love it!
no trolling bro, doge is like our 1st gen -> shib -> baby doge -> floki...and so on. hodl everything!! you will definitely buy a home in earth -> mars -> moon...and so on!!
habe gestern meine doge in shiba umgetauscht, sehr cool!
let’s send this to busta rhymes
let’s see shib vs doge who will go , i bet on shiba.
sell shiva now. buy back tomorrow
holding both but fuck doge community. they constantly trash shib over there and we rarely talk shit here cauz most of us are holding both and not sour puss dildos. i want em both to make me rich but right now shib is the only one making me anything so bring on the memes😂
i was an early ass early adopter of doge. talking sneeze and you had 8,000 coins. it's mostly stable now,. it hovers around 22-24 cents per and has been that way for months. so i see shib is popping back up again to ath. natch, if the market is trending up, doge must be as well and so i check doge and holy shit guys!!! 25 cents. woo. a penny.
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as someone who traded doge for shiba! i approve! i swayed my partner to shiba as well! we don’t have much but we appreciate the little we do have and i’m hodling with y’all.
wow !!! that must hurt doge . doge stuck on the dog house !! 😜
fv€k yeah. sgo brandon
maybe when it gets close……
this is great ahah
doge was over a long time ago already, idk why people still hold it.
i'm not gonna lie...doge lost steam and has become very stagnant. i think it is gonna be done for a while. i sold almost all of my doge and invested in shib because shib has shown a higher climb rate than doge over the last 6 months.
ehh not that accurate
they started it. we’re the “dumb ones” who can’t tell the difference between the pictures. but yes, both coins should do well and… we could always retract hard. stay humble, focus on your investment, and just enjoy this moment for yourself.
coverted all my doge to shib last night. good call.
i hope both go to the moon 🌚
especially after tonite boom baby boom
the dogecoin sub are mad cuz we buying shiba instead of doge
oh boy , this didnt aged well!!
i have both, nice returns so far on both so, yes!
war. war never changes.
doge only blew up because of elon musk but i am impressed to see it found a new floor around 20 cents. that's not bad at all considering every so called crypto expert would flood the sub and say how it will never ever reach 10 cents. things have value if people believe they do, it is not always what the utility of that thing is.
in other words you’re rich. congrats bro trying to replicate your success with shib. hodling 50mil
it's up 10% in the past 2 days...
yeah and it will lose that 10% in the coming days. plus crypto.com says it is down 3% over the last 6 months.
i would continue to hold and use a small portion to pay for my son to attend a special school for children with his thisability
pay off my wife's student loans.
buy a bed frame ...
get my mom to quit her job so that she could travel and live her life
sell 10% and hold the rest, buy the dips with the profit. it's the formula for success.
hodl long term investment for me.
236 million...buying and holding
my mother is in the hospital so i’d pay her bills
new house and new car, reinvest in less volatile market and retire early.
hodl... don't be paperhands!!
buying a trx 😆
i have 100 million ill pay off my house
paying into my retirement as a public school teacher retiring at age 30
15,000,000 and holding 🔥
buy a home for my family
try to figure out how to withdraw. and hold some as crypto only allows 50k a month to be withdrawn. also buy a house for me and my kids. i want them to have a backyard to play in.
2 non profits that are my dream to start if could ever quit working 80 hrs a week. holding 1,032,000,000 or so
hodl till it reaches
upgrade to a bigger house mortgage free
who would hodl until ?
i have 75 million. would buy tge house grew up in
sell half of my 78m shares and buy mom and dad a house
552,000,000. pay off my parents mortgage. quit my job and look into philanthropy.
have a heart attach! id love to see this but it may be a long long wait.
get that beach front home in north myrtle beach for my wife. 💞🦊
impossible, but in the event that it does id reinvest 10-20% of it to somewhere stable that will earn me a sustainable income that will enable me to afford a couple super cars and a decent home and to have all the time in the world to do all the shit i've always wanted to do but cannot due to financial problems
i'm getting my parents whatever the hell they want.
pay off my family debt and help my girlfriend buy her first car.
wait until it hits .5 then i’m quitting 😂🤣😂
im new to all this. what is the reason everyone misspells hold
cash out no more than half of my hodlings and get myself debt free.
first thing first payoff all my debt credit cards car etc... buy an house for my kids to live in pay the taxes for the next 10-15 years the same for my mom. me and the wife will leave california because it’s to fucking high to live here go buy at least 50-100 acres some where like utah, nevada somewhere i can start growing food crop to help those who’s less fortunate to afford of reinvest and live life happy
take profit and get retired...
115million. first thing i will do is hodl. may take 10x my investment out, pay student loans, buy land, build my dream home, and then start my scholarship foundation for inner city youth growing up in the system. also set aside 200k for my children’s college funds.
more burying and diggin on shibaswap, more more more
definitely not do any furries bullshit. second, use it to invest in other things while gme takes off
hundreds of millions and eventually trillions. take some profit and hodl the rest
holding til .1 or 1.0 at least friendo
buy a house and my husband a truck
run up and down my street laughing like a fool
see if it will go to .10 of course!
pay off my student loans and toss a few hundred thousand to my mom and dad.
i have a little under half that (2.35 mil) but my answer is... i would still hodl. at .72 with my current holdings i could liquidate and have 1 mil usd after taxes. if i double up then i could do the same at .36.
if we hit 0.1 i would sell between 10-15% pay some debts and help my parents. keep holding the rest
30,700,000... pay all my shit off. twice...
put down on a new crib farmland type
we need to make this coin bigger than doge! sell off a little then keep holding if doge hit their ath i know we can beat those numbers
sell, retire, travel the world and dive the planet.
retire. focus on hobbies and friends.
if it hit 0.1 i’ll have . the first thing i would do is buy a green card lol
450 million shiba coins holding
2 million bucks? pay off the house, student loan, all debt, invest the rest conservatively. maaaaybe buy a nice sport car.
.1? hahaha id probably be rollin in my grave because my great great great grandkids are now rich. this. getting to ten cents? yeah okay.
holding 400 million right now and looking to buy more on some good dips. sell some and buy some. then i'll sell some more and then i'll buy some more :)
i've got 40 mill, lol
hhhhh you foucking crazy people
pay off my house
a little over half a billion. early buyer 💪 no, i didn’t sell.
pay off the rest of my car
funding my trading account
add to college fund for the lil one and then donate the majority to charity and my local community.
i have 32 million, pay off my house, put the rest in the bank.
138 million, sell 10%. invest that 3% back into dips and 7% to buy house
going to disney world! lol
sell half. pay off my house.
if we're being honest i might sell at 20 cents cause it would set me up for the next 2 decades
first thing i would do is quit my job, move out and finish my degree 📜 without having to work full time
38,000,000. and i’m not selling any till it hits
buy a new identity, and thisappear to open a small antique shop in another country. marry a woman named giselda, have a couple kids. buy a modest house. then repeat.
i have 75 mili
rookie numbers i’m holding 1 billion shib coins
charity, and family first, just like vb and investing for the future, 0.1 isn’t the moon baby, just the stratosphere 😎
will it hit 0.1
sell the half and buy on a dip again
buy my niece a nice gravestone. it's been hard trying to make it through day to day... but i just want to give her a nice one with a picture at least. least i can do for not being there when it counted. i got 15 million shib.
buy a tesla roadster, buy a house, i’m homeless, stop living out of my storage unit. travel more. spread my seed to all the deserving women in the world! i’m a humanitarian.
leave my country 🇲🇽 because it is becoming a communist dictatorship
start a secret family
pay my parents home, pay my debt, my family debt, and buy more . also, i will be investing in stocks as well.
well i have about 15 yrs to figure that out. actually 15yrs it will be hopefully .01
keep holding. it’s going to take 5-10 years to hit $.01 anyways if it does happen
this is a good sign! i just evened my shib out and that number is right in my ally! this is definitely a sign from god! thank you father god! 🌚🌝♥️🔒🤜🏻💥🤛🏻
take care of everyone i can!!
64 billion here...ready for any movement!!
1. sell 20% 2. book a boat for the weekend 3. invite all my girls 4. hire male strippers 5. take my girls shopping 6. have a sex filled weekend 💅🏽🍌💋
100mil here im donating 2mil to dmv for covid relief
sell it all lmao
why’s my man have a fud tat tho lol
11 milli an holding...
wait for it to hit 0.02 lol
take over the world
i’m holding 102 mil forever going to plan to buy a house and invest a lot of it back
also i’m only 18 lol
open up my in house customer car dealership (like pimp my ride) but you do everything in one spot and we will accept shibainucoins
i'm going to hodl.
1 billion and holding for as long as it takes ☝️🔥
coke and hookers in ibiza
get a new car
me and if it hits .1 i’m selling 🤫
that's easy, but a house for my parents
i have 3,600,000. i would buy a nice house, buy a new car and bank the rest.
well it will hit 0.1 in like 10 years from now so we have much time to think about that 😂
i have a little over 2 billion. i would probably take 5% and hodlllllllllll... i wouldn't want to tank it...
sell a third of my shibas, hodl the rest
adopt all the dogs at my local shelters and find them homes.
honestly? sell a portion of it to get a bitcoin then buy more shib. and why buy a bitcoin? because i wanna.
new house and new car. then reinvest the rest.
id go back to bed, and have the best sleep of my life.
buy rental property and live my life fiddling around the house on lil projects. maybe build a race car. maybe join bezos and musk and go to the moon idk. maybe just fish everyday.
i just want to retire early, been in construction work all my life and at 43 my body’s starting to give
sell half and buy a new toy.
build a gym or fitness centre
i am fat over 5mil of shib. what would i do? hmmmm i will know when it comes 😎
sell enough for a house
we have 20,000,000 and rising. i'm going to pay off my mom's house. we paid our cc debt to zero last week and do not need more "things". i'm paying it backwards!
just got me some today!! would sell a little to get my funds back and hodl!!
30mil and id, continue to hold
10,000,000 here! gonna buy me a rental property! 🤘
donate 10% to help people in need.
pay off my mortgage
i’d sell partial to get a small 2-3 condo and my girl a ring
just pay off my debt, clean slate. then invest more.
buy some flea medicine for my cat, he is suffering now that summer is here
can we get it to .000017 and hodl for a week dang.
i have 58,700,000 still holding 🥰
got 40million now shooting for 100million. gonna retire at 35 if it hits .01
shiba inu for ever. i just sell of my doge to put everything in shiba inu.
buy a beautiful ranch!
i’d have enough to quit my job
pay someone to delete threads like this.
stop working for someone else and grow my own trucking business! 👍🏾🙏🏾
i’ll be to old by the time it hits .01
to wake up from the dream.
a beach house in turks & caicos
pay off debt, buy a medium sized house. also i'm a prepped with out thisposable income so i would prep the sh*t out of things and be ready for end of days. keep working though
convert 50% of it to ada, 30% to bitcoin, 10% buy silver and hold the remaining 10%.
buy some pokémon cards
14.5m, i would cash out 1, buy one or two appartments and rent them out, and use the rest to start a business
14mil for me. not sure what .1 would mean really soooo. but if its big ill travel the world helping churches.
i have 7 million. i’d buy a bentley and a hd pan america.
eliminating my debt and retreating into solitude with the hubby. lol
probably sell and re-invest into something else
buy a laptop to study
putting a down payment on a house for my mom:)
if it’s .1 , probably buy a house and a new car for the wife. that’s unless i ride it to .5 lol ;) then that changes things….
hold that ish, buy more even.
buy the dip after
i'm either cashing out life changing money or passing my shib to my kids
i have over 40m and buying more 📈🚀. if the price hit 1 cent by 2025 indefinitely will look for another alt coin and do the same lol.
upgrade to the good 3 ply shit paper
sitting with 13 mill. man if it got to 0.1, i’d do everything and anything.
buy some food. i think by the time this reaches 0.01, a loaf of bread will be costing 🥲
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hodl until it reaches
i have 345m coins! i'll be helping family and invest the rest.
donate 20k to an animal shelter, build my own gym supplements line, and open an animal shelter (i have like 120 million shib)
cry tears of joy
retire!!! donate a sum of money to camp prime time.
cash that bitch out
i need 0.05 only.
buy a rolex. and then pay off my house. keeping my priorities in line.
payoff all debt, split it half way, give half to my s- because she insisted on doge on its way up so i finally caved and bought in. sold after it doubled from our buy in point just before the fall a couple weeks ago, and put it all into shiba. then just split my portion into equal parts invested in north america, europe, and asia. set up a trust that then sets up some dummy corporations to invest and hold the cash. buy a house in another country, move and live there for a few years, then move back to the states in a house bought through the trust, then thissolve the trust. edit: this was advice i once read for if you ever win the lottery, plus a few additions on my part.
continue to let it multiply.
i will give my mother her share!
5 mil? i have 273 mil
i will thisappear like bruce wayne did in batman
i have 517 million shib. the first thing i will do is run to costco and buy a truck load of good for the people who could use a hand right now ...
probably be dead by that time.
pay off all my debts, get back into school and get a degree in computer science
buy all the pops i want lol
the first i would do is hodl. the second and third thing i would do is hodl. diamond hands for life!
invest in my master plumbers license 👨🏽‍🔧
520million shib honestly if i see it move towards .01 ill invest 5k usd and retire if it goes to 1usd. pay for my wifes family's surgeries they need one need a bicep and wrist repair. the other broke her back and it didnt heal well. set them up and fade away while raising my kids. oh and invest in dividend stocks.
holding 50mil shares keep enough to retire early and enjoy life with no worries set my immediate family up then buy as many house in nice areas and find families living with nothing and gift them all a house till i’m out of money
if shib hits .01 and you have a million shib that is 10k. if it hits .1 that would be insane.
prepare to migrate to tax-free country
who can calculate how much we would have if it reaches .10??? currently holding 46,666,000 shibs
37 mil, cash out 20%, hold 40% and roll the other 40% into another small coin
going to buy a car for my parents ❤️
15m shib, i would buy a car and a house idk man .1 is a long ways away.
i owe 38k in car loan and credit cards debt, i'll be free again if i can get rid of those loans. and my life would definitely come to a reset!
the first thing i do if it ever hits 0.1 (unlikely) is shit my pants, then ... go to the bank with my pants full of shit, take some money out, and wipe my ass with it. ' later edit : oh , and if i cannot shit myself, i will get some laxatives just to make the story real
42 mil and lambo
shibarmy makes me hopeful for humanity. it's nice to see so many people would help their parents retire peacefully.
i have 311 million shiba. if it goes up i’m set. thanks m negative a mother load now.
i will realise the memories that i bought shiba 5 to 7 years before
pay off all credit debt and student loans
buy my son a wheelchair van.
it's not "if" it is when
hodling 67m, bought with like only 200 or something like that
paying taxes i guess
i have 2.2 million shib.
start sending d pics to old girls i got rejected by, but now i will have money to pay for the lawyer when i’ll get all those lawsuits.
i'm going to build my own theme park with blackjack and hookers
open a kindergarten in small village in thailand...
i have only 1.3 m shib.
4,9m :( i’m not in 5m gang... looks like it’s time to buy a dip 🤔
help out some friends and family, donate to my church, and begin my retirement.
buy a car and plan my moms retirement.
buy land and build retirement home. remaining will go into investing in my company...
invest in some land and back into more crypto and stocks. i’m going to buy , crypto and stocks options
i have 62,000,000 million. buy something nice and hodl
buy a bigger family car then put the rest away
security for my family ,help people ,buy a new car ,save for the future .
me 8.9b and when hit 0.1 will do more charity, help social work and build my empire resort
pay off my parents mortgage and down payment for on a house for myself
realistically is that even possible?
buy a house and pay for college. rest keep and hold
anybody heard of the little rabbit crypto? has over 150k holders, and seems kind of promising.
buy another investment property. but it is unlikely it can sustain over 0.01. so i would not hold my breath.
it would be life changing money for me!
13 mil here. more soon! let's gooooooo
i buy a resort for streetdogs! go of 0,01 😍🙌
13,500,000 ready for .
pay off all my debts😁😁
0.014 possible? for shib
im sure the very first thing i will be buying is v bucks since my son is always in my face with his hand out... that will be his lucky day!
i would sell some of it to start a business & eventually buy more shiba to support as a token of helping me building a business
bitched over not buying more ❤️
a house for me, a small car collection, help out friends and family and then buy up as many vacant properties as i can afford and rent them out well below market value
i would buy a burger.
buy a home 🤭✨
75000000 stop working 🙏
get tutoring on stocks trading
buy an island with self sustain facilities because shib destroyed the world economy.
59.9m shib. get rid of my student loan and buy a house. and maybe another house that i will put out for rent
holding till 1 is reached
retire - effective immediately
first of all, it is not an if, it is an when. second: my bag is heavy with over 1 billion😺 and i'm holding until ,1. first thing i would do...will see then 😎
i quit my job and buy a shiba 😂
buy a big house with no neighbors and big garden
i would be kicking myself for selling so much at .01 but at .1 i’d probably sell half of whatever i have left and hope for .2
my husband in icu at a hospital 100 miles away. suffered massive stroke,, ruptured aneurysm, and now in renal failure... cost 5000.00 us dollars to bring him closer to home. insurance and medicare would not cover it. so i would bring my husband back to be near our home. can't afford the hotels anymore after 5 weeks in icu.
i got 10mil! i'm buying a house when shib hits 0.1!
pay off our mortgage and my mum’s
i will lay in a bed full with 2.2 million $
i will quit my job and make a plan to create a business
110 mil boys 🔥
buy bitcoin or xrp. 😛
19 million shibs and the first thing i do is to so sell 5-10 %. i want to use the money to support my mom and pay off my student debts
74 million right now🤠 going to ibiza
how much would that be in dolars?
make a small hotel in northern pakistan (check out photos in google) to spend rest of my life there. but heyyyyy all of you guys are welcome to my (future) hotel with special thiscount and services for shiba holders.
bring my mom go travel
11.5 mio, i would quit and just fly arround the world
buy i house in ibiza 😎👊
got 84,000,000 right now and holding😏🚀
buy a rental property (with a loan obviously, maybe 100k-150k down payment and rest loan) to diversity my portfolio.
a fucking lamborghini track!!
may our wishes come true!
retire and move someplace else. pay off my oldest's college.
get married, go on my honeymoon, get a new wheelchair. donate the rest.
7 mill so far and holding till 10. or earliest 1.
i'd be happy with .1.pay off debts, and buy my wife a new vehicle
wake up!!! because it’ll only get there in my wettest of dreams.
i hate this picture
give my mom and pops 10% then hodl
waiting next target, 1$!
pay off debt and give my parents money
i would probably be dead by 2100
basically, if i know i hit 0.1 that would be a major hit. - i would give a nice house to my brother and my two sisters. - i would give a nice small house for my parents to live nearby my bros - i would fund my startup businesses ideas - i would buy. - i would buy more crypto - ferrari, lambo, rimac, pagani, bentley, abarth, bugatti that is the start…
i have over 30,000,000 i would keep it until it hits 3-4 cents.
170 million, i would sell enough to eliminate all debt and hold the rest! keep buying
0.1 ? is that even possible ?
buy the missus her dream home and get a dog...
i would invest 300k in bitcoin or cardano
will be building schools and hospitals in third world countries with the money.
holding 34 million and 0.1 would be life changing
might go to disneyland
gonna buy the bank
pay my moms house off
donate a quarter and buy a shiba
i got 20 million and would simply cry!
invest 25% in crypto and living the crypto dream
i just have 2.4 mil is the best i can do right now...if it hit 0.1 is more than enough for me...
buy a damn car
retire my mother early
change my clothes from shitting myself.
do a bunch of blow off strippers buttholes
218 mil shib. probably diversify into other crypto
do we even think it will ever get to .01 ?
every time we see a spike on shib like 10% gain people sell off like crazy. there is no loyalty of holding. people pumping and dumping so fast.
putting my childs college fund away
it can’t hit .1 😑 why are people just posting random numbers instead of doing some research...
10mil here. first thing i would do? hookers and blow.
97.6 million on one wallet and 25 million on another wallet waiting for shibaswap
to reach even 1 cent, do you have any idea how much circulation supply would have to be "burned" for that to happen?
pay off school loans, maybe help my parents out. the first tangible thing i want to get is a porsche for my dad.
105 million coins. i bought almost half of that near the peak, and i just averaged down today with another 60 million. the uniwap fees were much lower this time - last time i spent a few hundred $(in eth) just to buy in. this time it was .00. paying off house and paying uncle sam if it gets to .01.
i have 3.2m but imma buy 10 million payday imma tell my granny quit her job
only take 20% and leave the rest everyone gotta eat cannot make the coin drop gotta keep it in a good position
if it hit 0.01 that will help my college expenses :)
50+ million. house for my mom is 1st
sell 60% and keep the other 40% to see if it can go higher.
amazing! there are so many good and selfless people is shibarmy! almost everyone talks about helping others with the money. these people are so much more deserving of riches and wealth than the greedy corporate elites. may god take care of us and push shiba to the moon 🚀
i will buy a acura nsx
so with crypto.com we can only take a million at a time i've heard...is that million coins or does anybody know how it works
how much will you profit with 5million shiv when it hates 0.1?
how much would that be if had 5 mil
i have 510.5 million but it will never see .10 so im not thinking about it. we will be so lucky if it hit 0.05. without a very big burn this is never happening. lets hope for 0.0005 at most
take the money too invest & make more
hodling 50 mil coins atm. if it hits .1 that’s . id sell enough to get .5mili after taxes. i’d give my parents . make a . (good cause and a tax deduction) pay off my condo for . keep , or down payment on a new home. then i’d diversely invest %+ passive returns so i’d get + a year and can focus on life rather than working 12-16hr days. probably work part time and volunteer part time to keep busy. mind you, i’d still hodl 10-25 mil coins. plus ira, 401k, other cryptos, etc. it’s fun to ponder this. i don’t expect massive gains like this from shib any time soon, but damn it would be nice!
if i have 57 mil...how much i will have at 0.1 ??
i have over 100 mill, i honestly would not sell, i'm aiming more like $.10 or even $.35 why? because i would not have to sell everything and fuck up the rest of my shiba army.
i will hold it.
buy more shiba 😃
80m and i would fund my non-profit organization which i have been funding from my own pocket since 2012. i want to impact as many young lives as possible in marginalized communities around the world. 🙏🏽
so many wholesome comments here! i actually want this to reach 0.1 just to see you guys go though with what you say! buy that condo! paid that loan. get that bed frame! we got this!
buy my girlfriend new tits
i have 2billion60million so at 0.1 i’ll have 206 million. i have a list of charities and schools i’m going to put half of it into then i’ll worry about me and my family.
pay off any debts me my parents and my brother have and treat us all to nice vacation
i have 8 million shib. 800k to me would be absolutely life changing. - pay off my debts (not a lot of debt in grand scheme of things; but currently absolutely killing me) - put money aside for my son - pay back some money to my mom for helping me in ways she has over last 3-5 years - pay off moms debt - real estate investment - move into rei full time
buy my sons mom a house. then buy myself a nice daily
can we all just take a second and appreciate the good karma in this chat with good karma?? i only have 3mil but would use the money to single handedly buy . 18% shorted stock (hedge funds betting the stock will go down) on a company devoted to saving lives by detecting skin cancer early. who beta against a company trying to save lives? time to stick it to them, am i right? not to mention they expect to double revenue every year for the next 3 🚀🚀🚀🚀🚀🚀
25,000,000 and holding waiting for .00
i have 50 million shiba. if it reaches .1% of that. i do not need that much money. rest i will invest in myself to live a peaceful life.
pull out enough to pay off my home.
first plan of action would be to sell my coins.
but really i'd start a farm for spca overflow animals.
donate 50% to cancer awareness.
let us first try to reach and keep the 0.00001 before we talk about a 10000 times higher value 😁
fix up our garage, and then put money aside for future health issues!
wait to it reach to 0.70
11.01 mills. show all the naysayers and say, i told you so.
sell it because i don’t think it’ll get very much higher than that. everyone else will sell and i’ll lose the profits. i’d have over half a million, so i wouldn’t get greedy
i’m at 40mil shib. hoping for .50 one day
sell 25% and invest in real estate
first thing ill do is pray for notifications of stupid messages like this one stop coming to my phone... shiba will never get to one cent unless all of you holding and day dreaming right now burn all of your current coins. which you will never do. again thank you and have a good day.
pay off my parents house and enjoy life. help family
i have 1.2 bil. out of respect for this community i would keep at least half of it. i wouldn’t need it anyways 😂
honestly the reason i bought into shiba was to buy a real shiba inu dog
wait we talking 10 cents or 1 penny...
first thing? hire an accountant. 2nd thing: give a chunk to everyone i can remember whose ever helped me in life. 3rd thing: buy a house with a few acres of land. 4th: reinvest.
get a nice house for my family and buy a new car. then save the rest
buy a house. stop renting. reinvest. stop living paycheck to paycheck. have something to leave for my kids when im gone.
59,000,000 shib and holding! pay off my house and get a part time job so i can spend more time with my family. 12 hr shifts does not leave much time for the important things in life.
i have 21 million, so with 2.1 million i would probably pay for a masters degree, pay my debts, put some to the side for my kids. now, if it hit even 20-30 cent, that’s another story
paying off all my bills and my mortgage. what ever is left is savings and buy more tokens
i have triple that i would secure my family for sure
not tell anyone i made money
pay off wife's student loans and mine. then fly out my friends for a friend reunion lol. it's been 8 years since all of us were in the same room. we all left our home town due to rising costs and no rising pay so we all got spread out around the country.
you mean when? keep holding on
what’s the possibility of this happening? i need this to change my life :(
help my family out and others i know who struggle
down payment on a 4 unit 🤓
meeee!!! ummmm it is not a hard choice, hold till it hits 1.50 + !!! lol 🤘🏼😎💎✊ make myself and my close family!
i have 17,000,000 and holding i'm in at .000001276 sell early next year 10% .00 buy some land to build my dream home. ' establish a charity to give gifts to people in the community who are doing positive things.
i'd sell, buy a house to move back in with my girlfriend who's halfway across the country, spend a bit on education, and increase my net worth. i'd then buy every dip from there on out. i'm not out once it hits a cent, but i would use that to kickstart my life. i've got 31 mill.
take a quarter of out hold the rest buy a house i got 8 kids one on the way 🤦🏾‍♂️ holding for them doge coin numbers
me who only has 3.8 million shib 😢😢🤦 also i'll need it to do better than that, my million dollars profit mark is at .12 😬😬
probably not sale try to sale more than what i’m comfortable with because it could grow higher than one cent. but i would sale just a few for instant gratification money and call it a day.
will promote the idea that money not important but love and support - we should work hard to become better people not just wait ... it will never happened till we really ready to hodl!:)
i want to buy mine house and also add other house so my mom can live in my back yard too also help kids that kids and adult that has disability
i would take care of all family but my biggest goal is to financially support two wonderful animal rescues. one of the rescues is whispering willows senior dog sanctuary that is primarily a senior hospice rescue. they take care of the old dogs that are not usually adoptable due to illness. they give them all the healthcare they need and lots of love in their final days. the other is always and furever animal rescue. each week they save 10-15 dogs and cats from death row at the shelters in kansas and oklahoma. these two rescues are absolutely amazing. 🐾♥️🐾♥️🐾♥️🐾♥️🐾♥️🐾♥️🐾♥️
i have 11 million shares and if it hits 0.1, i’m buying a new truck and a house, and investing a ton
i'm planning to purchase a few homes and give a bunch to families who i know personally in need.
get out of current deadend job which i do just to be able to pay bills, create art fulltime, take my mom for some nice trips (she cannot travel easily due to some complications but she wishes it dearly to see some different parts of the world before she passes away from this world. we weren't well off growing up and due to this, she has never been able to take any leisure trip in the last 30 years. having money with me would enable to travel with her in the most comfortable ways and to make her wish come true). please oh mighty universe, let the shib to the moon.
move to the countryside, get my own farmhouse, farm my own vegetables, keep chickens & cows for eggs and milk. have a few pet dogs and huge backyard. brew my own beer.
hold and once it hit' 2c i will pay off my parents mortgage
i am barely scraping by i live in a shed that i rent from a friend of mine believe me if it hit 10 cents i wouldn't be living in the shed anymore lol life is good you have what you have you get what you got live it to the fullest
20.8 million. buy a house w a bunch of land and get settled
pay off my student loan and buy my parents a house.😎
23 million. pay off debt, deposit on a house
paying off my mortgage and buying a reliable truck.😂
tổ chức phúc lợi động vật cần sự giúp đỡ với quỹ cứu hộ chó châu á. vui lòng chuyển vào quỹ shib của chúng tôi qua địa chỉ ví để có thêm tiền giải cứu chúng khỏi lò mổ. cảm ơn ví shib 📷:
hold 2 billion and sell a billion get my parents there dream house keep 1 billion to continue to hold
i would: * take a year traveling around the world * donate to charities * my parents are retiring
the irs is going to be very very happy if shib pops. recommend not only thinking about what your dream of what you are going to do with your loads of money but also look into charitable trusts to save that money from irs. once you sell it is too late. irs will want their cut which is about 300k per million. the trust has to be setup first.
buy obama as my sex slave
i do nothing. it's a 10 year hold. i only see it when i am buying more. no point in watching it
pull , then put it back in the bank.
it’s not gonna hit 0.1 hahah
buy a maga hat
will never hit .01... please stop brainwashing stupid delusional people
that’s an incredibly selfless thing to do.i had a friend who went to a school like that it really helped him if there’s anything me or the shib community can do to help just ask
yes agreed. if theres anything we can do we are a community and when it takes off i will donate to your school.
so many good selfless people in shibarmy...we really deserve it to go 0.01+
what a great mama!
i feel this. my wife's student loans are more than our mortgage. she earned her doctorate in a field she loves but that is generally underfunded - mental health.
how is it possible we live in a country that puts you in debt to earn a degree that barely pays for the cost of living?
she would probably leave you the moment you do that :/
if she has . i paid off . doesnt take much. just do not buy a new car and take dumb vacations
silver awarded. didn't expect to see the answer i was going to put. could've bought one , but bought shib instead. sleeping on the floor for now, but with 45 mil shib maybe i can get a down payment for a house or something one day.
stop working. help ppl that are deserving. keep things simple. 24 million shibas
oh that is fire!
i would’ve said a bed frame too but for other reasons lmao, you deserve it man !
ha! good call. i do not have a bed frame either. i'd get a fancy one
pretty much this. first thing i'd do is take care of my mum so she can enjoy life.
same here. will buy mom a condo, help my family get in their feet. 🙏🏻
very nice. great to be able to take care of your parents!
employ my mom so she can have a job and get a life
this right here. yep. me too lol
i'm sorry, i am not english, can you tell me what "dips" mean ? sorry, i do not want to bother any of you
doesnt help much if the masses of people in this with this number of tokens decide to sell. who wouldn't anyway with that kind of life changing cash? anyway if this happens you wont be buying dips. you will be sinking as it tanks from a mass sell off.
new car (unless you are talking about a used car) is one of worst life decisions in my opinion. i would rather buy to houses were one would be a rental property.
thats sensible. unlike most comments here
honestly why? your mortgage has a interest of probably around 3.5%. putting your shib money into just s&p500 index and forget about it would give you 6%-7% on average(with 2% inflation and with dividends reinvested). if you include 2% inflation to your mortgage then your mortgage has the interest of around 1.5%. i’m genuinely curious because i was never able to see the value in paying my mortgage sooner. even with an investment which gives me only 5% average over 20 years it would still be a better choice in my opinion.
what will you do if it hits .001
no, with 550 trillion coin out there, if it hit , that would be enough to pay off the national debt!! sorry, not gonna happen...
you can withdraw it into fiat and then transfer to bank account with the limits
thats my main concern right now let alone when i'm on the moon... binance is like 100, youre never getting the money out.
that’s awesome don’t ever stop dreaming!!
at that point you can leverage debt and become even more wealthy!
you think it will reach that one day? i got 17m
that won’t happen ever! do the math! whole world will have to sell everything and buy shiba! excitement is good but illogical expectations aren’t! max it can go is .01.
you wouldn’t just buy the whole car??😂😂
hodl hold on for dear life
you can google it and it will explain it. basically a typo from years ago that everyone ran with.
if 't be true we hitteth 0. 1 i would selleth between 10-15% payeth some debts and holp mine own parents. keepeth holding the rest *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
holy hell, that is just a few.
more like 30 years
that is ma boy !
**enough to quit my job, i’d have.** *-remarkable-garage407* *** ^(commands: 'opt out', 'delete')
p.s.fuck your lambo you selfish pricks!
and i have burnt 1.6 million shib
anybody hath heard of the dram rabbit crypto? hast ov'r 150k holders, and seemeth kind of promising *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
100 miles is 160.93 km
i'm so sorry to hear that. i really hope you manage to sort something out and i wish you all the luck in the world ❤
exactly the same plus clear personal debt.
i'm happy with what she has.
buyeth mine own sons mother a house. then buyeth myself a nice daily *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
not going to wend. 1 but. 001 is possible nay? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
thank you so blessed by the love in this community ... thank you so much 😊💞 ... if any donations are given we much appreciate ... link to school we hope for our son to go to: gersh academy cougar mountain campus physical address is: gersh academy, cougar mountain attn: ryan c (on behalf of parker t b tuition) 5410 194th ave se issaquah, wa 98027
thank you so much 💞
no we deserve it to go over a dollar not just .01 lol 🤘🏼😎🇺🇸💝
i am sorry that you feel that way. i do not think she will given the fact we love each other. we might thisagree on this, but i still hope you have a wonderful day!
two birds for the price of one!
i am glad to hear your student loans are gone. congratulations! i will take your advice, although i will note that what worked for you might not work for others. either way, i hope you have a fantastic day!
most of the time i lived in japan, we slept on the floor... ;) enjoyed it so much, i still do it now!!
no kidding . in 2019 had a house fire. total loss. replaced everything with insurance with the exception of ...the bed frame. so here i am waiting on shiba to drop some zeros ...
so many good intentions here...i really hope it can go to at least 0.01
it's when i put my hand up on your [hip]( when i dip you dip we dip.
that's why you only sell 10% you can choose to buy the dips which i recommend. or settle bills or have some spending cash. as the coin values because everyone is holding, and becomes even more attractive to investment you will gain even more money and value, and eventually there will be so many people investing in shiba because it is a solid coin.
it’s just a luxury i’ve never had. i would really like to drive a brand new car off the lot with under 10k miles on it knowing no one else has owned it and everything is brand new and under warranty. it’s just a peace of mind thing. i’m not buying a brand new porsche or anything. something practical and reliable.
turo. renting your car is totally an option. now a car can be an asset.
yea no lambos over here.
there's also a psychological effect.
thanks! people does not realize that shiba could only reach a max. value of 0.0015. that's it; there is literally not enough supply, etc. to reach even 0.1. otherwise i'd be all in...
i agree with you , totally , but ... the money spent in the world is hugely higher than that ... and in the end, the coin is valued by the buyers and the sellers , by perception... there is a slight chance... even tho i am on the same level as you and believe it to be fantasy :)
is their an option without limits
binance has a 100 dollar limit??
it very well might but that’s gonna take a few decades
. ... and that is more than enough for me holding 400m
true that. i can’t comprehend how people can make such illogical assumptions
come one move that zero over .10 ?!
that’s will be my most likely first move i’m done with ca
here's a sneak peek of [top posts]( of the year! \: [when you brag about having sex but it backfires]([199 comments]( \: [yikes]([119 comments]( \: [an interesting conversation i just had]([286 comments]( ---- ^^i'm ^^a ^^bot, ^^beep ^^boop ^^ ^^downvote ^^to ^^remove ^^ [^^contact ^^me]( ^^ [^^info]( ^^ [^^opt-out](
the orignal anti yoda bot may have given up but i too hate you fake yoda bot. i would not stop fighting. -on behalf of u
shiba market cap would be ... that’s x37 btc...😂 this “shiba” fans are smoking crack... shiba is a shit coin that is going to go to .
deserve is a strong word
im sorry you had to sleep on the floor... i hope you at least had a cardboard box or something to sleep on... and maybe some news paper for heat.
how much are bed frames where you live?
you deserve it. good luck! 🚀🌙🐕
so if i understood well, it means "buy what people sold"?
i agree. if it were to happen. serious investors have that mindset. but mainly we have younger eager for money kids in this. getting them to hold a few months is even a chore.
fair enough. brand new car maybe is not my style (for now at least) but i see your points. brand new car has so many benefits but at least for now when i’m still in my 20s i can not justify car’s insane devaluation from the moment that you start driving it. atm i made myself a promise that my car shouldn’t cost more then 10% of my net worth.
exactly but mainly expensive sport cars or classic cars can be considered assets since they increase in value or maintain their value.
isn’t shiba defi? coins are burned on every transaction which means that in future it could reach (and this is a huge maybe) for a next btc bull run in 2024-2025
although, trump won the presidency, convinced a significant portion of the population the 2020 election was rigged, and is still not in prison... the weirdest shit is possible.
i read that yesterday on reddit but that is wrong... i googled it after i read that. i think if you're verified with id it is 4000. maybe 100 is an old limit or unverified.
they have to burn some supply, otherwise poor man’s dream
circulating supply for doge is 150 billion at best. circulating supply for shiba is in the quadrillions. do the math, ese.
not at all lol
100 million shib at least these days
yes sort of, it means with the price of the coin drops in value, you buy that "dip" in price, because when you do, you increase the value back up and because you bought at a low price you make even more profit as it rises inevitably back up.
yes, and vitalik burned 410 trillion of them. i dont think many people know how it works.
4k?? that’s all they’ll let you withdraw
i believe doge is unlimited being mined at a rate of 10 million a day could be wrong tho
no, about 500 trillion shib coin was burned forever by eth co-founder. the remaining 500 trillion is in circulation but still that is a lot. the more coins get burned the faster the value will go up. l think the community should ask the holders to burn portion of their bag. the value is not going to go up until the number is brought well under 1 trillion.
actually doge is endless supply because it can still can be made. there. is no cap for doge coin.
oh yeah i see ! it's called dip then, thank you so much for your help and your time :)
yeah daily i think it said. i cant seem to find where it said that now. but there are limits 100%
even if it is being mined, still do the math. 1 quadrillon versus 150 billion, plus doge's daily mining results are not static. it deflates year after year. i'm not saying invest in doge, but again, do the math before making any comparison.
no worries! good luck! never spend what you cannot afford and always hold.
i just found out coinbase allows you to wire withdrawal for anything over 25k
the one thing going for shib is it is a deflationary coin and has a max supply where as doge is inflationary (unlimited coin supply). shib needs another massive burn to get to .
ahah yes, that is the first rule reddit taught me, "only invest what you can afford to lose, and imagine that every penny you spent is lost forever". thank you bro, i hope we'll all become billionaires lmao
yeah i'm relatively new to all of this a friend said that if i did hit big on a coin that its best to transfer it and then withdraw. but i mean my current stock is worth
yeah me either! but it’s nice to be prepared
100% gotta prepare for success or be stuck in failure.
we are worth more than robinhood and doge plus we crashed the internet yesterday guess what’s next??
imagine all the whales waiting for that 0001 too
bro a .01 will give me 600k, 450k after taxes...
if this thing gets on rh, then we are going to the moon!🚀
right! i have a feeling that shiba will start crawling it’s way up to .0003 before it gets listed on robinhood. then we will see the same replay of what doge did at the start of the year... we will be sitting at .75 in no time!
if shib hit .005 i would have just under 1 million us dollars worth... dude i'd cry, i'm 19, i could get my close friends and family out of so much debt, set up funds to retire at a safe 30-35, life has been great, and .005 feels so close i genuinely think we could hit it by this time next year... imagine... my dad left when i was little but the maybe 20 times i've talked to him in my life he talked about how he would not be able to retire till he is well past 60, fuck him i'm retiring at almost half that, i have not been learning to trade since i was 10 for nothing. let us get this coin to a cent, fuck it. let us change some people's lives. edit: just under 1 million us dollars worth after taxes...
everyone has to stop selling. dips like this are normal! whales can do what they want. but its us - us the army who hodl and buy the dips who can make the life changing money. granted you should never invest money you can not afford to lose. if you freak when price drops you should have never bought in crypto to begin with!
monday, november 1st robinhood. word on the street
this is just a minor sell off. all the cowards panic sellers are just falling off that’s all. its price floor is still very high will be back in the 80s and break 90 very soon hang in there everybody stay strong hold hold hold buy and hold.
got about 7 million coins only, will still put me at a decent spot if it hit a penny or half a penny.
i still dont believe that we hit my expectations 20 dollars per million a few weeks ago. we are going to hit 100 per million before thanksgiving maybe right after halloween. crazy.
ppl got panicked yesterday and started purchasing more shiba and who’s profiting after all big whales 🐳 baby
remember the longer you hold the less taxes yoh pay and the more profit you get 🦍🦍🦍🍌💎💎🍌🍌🍌
i just baught 5k usd worth of shiba holding 70mill the market was at .7629 but now it’s tanking did i make a good choice 😆
the ceo of robinhood already said they’re looking into other coins but they’re just being pussies
i don’t understand why you guys think it’s supposed to lose a zero every day? it goes up and then it settles down it goes up and then settles down again it’s not going to munch off a zero every day.
bro is it even gonna get listed on robin hood
can we push shiba like gamestop? 👀
its possible without robinhood
new to shib just bought 1.4 million coins. let’s get this
i was thinking the same thing! and it could all happen in a matter of days or weeks possibly!
i will be happy if we can even get to .00009
it’s available on webull i don’t know how robinhood matters anymore
this is very possible! us as an army need to keep putting any little bit we can to help push the cap. we got close yesterday and again this morning. keeping pushing my fellow brethren! to the moon 🚀🌙
i had a dream that i woke up to this being .20
that would be correct
the crypto insiders are trying to save their positions and holding, but the free market refuses to yield. that is my take. my solution, crash all the other coins and buy shiba inu. tell your friends, buy shiba and sell everything else...i think🤔, this is fucking confusing, lol...war of the coins!!!
love it... hodling 21.6 million...
i'd make a bet that robinhood is waiting for the price to go past 0.0001 to reduce volatility and keep things "safe"
who added 155 trillion coins to the circulating supply? it was 394 trillion now it’s 549 tr.
i'm all for it but doge is robinhoods cash cow. they probably would not list shib. new wallets are coming and people will be leaving robinhood when that happens
i don’t know why people still don’t get how rh crypto buying works and why they support it. in short: if you buy on rh - you are shorting the crypto. you don’t buy cryptos, you just buy an „i-owe-you“ wallet.
cool... but what is the reason it’s not running like yesterday?
you already know dino gonna buy once is on hr
that would be insane. glad i bought before this jump and also in the dip!
going down again 😩 come on
what's everyone's prediction on final price?
getting listed on rh wont do much people stopped using it...
i thought they already released it on robinhood?
don’t think many of us wants that to happen, they kept fucking selling crashing both crypto.com and coinbase.
beware of buy the rumor sell the news. i dont believe that will be the case on this but i have seen it too many times.
tomorrow or monday will be on rh😎
i only have 15,000,000 shib. i am holding it until at least a penny. i'll just forget about it until then.
that be the best xmas ever i wanna see .10 than i’ll sel 50% set my self up for living finically free and set up passive income honestly just having it sit as usdc on coin base at .15apy i could live well. i’ll get 5m i’ll just do a irs payment plan they accept debit card so i could just pay them with the coin base debit card and well yah however that only be 7,000 a year so not a lot
where can you buy shibu right now
just don’t pay taxes fuck it haha
leverage it… just saying
get me to .01 and i'll have 1.8mil baby!! capital gains tax in ohio is 4.8% so 1.7 unless i am wrong about the percentage.
we dont need the support of rh. we are doing fine as is.
will we actually get listed on robinhood?
if it hits % taxes plus transfer fees from who ever currently hold the shib when we cash out. so best to get as much as we can before taxes.
i cannot get an answer from anyone! is shib the same on etoro as other crypto sources??
i thought the whole point of crypto was government cannot touch it smh they csn tax this? and %42 that is a hold up ...stick up ...roberry
fuck robinhood, we're more than just that and elon. we're going to the mars my boy.
when is it supposed to be on rh????
no prob, just another "imagine if"
i think the magic run is already over. it's dropping like crazy, and there is nothing on the horizon to get truly excited about. whales made the number move, now it is quiet. robinhood listing is not likely to happen, based on their company goals.
what time will people invest tomorrow
that ain’t happening given musk said he is not getting the shib
let’s make elon musk invest in shiba inu
can’t happen that quick. duh
no hate but we are going the wrong way 😢 😔
the hood has 31 million investors if we get a third of that to invest. that’s 10 million people is a lot considering we came this far with under a million. 10,000,000 x (guess) is a nice investment that will put us at us close to a penny. personally i’m cashing in all my doge and buying shiba when it listed. roughy 27k
the robin hood listing have being rumor like 3 months, is it rly happenning?
hold on. i’m going to grab one ☝️
(the crypto insiders are trying to save their positions and holding, but the free market refuses to yield. that is my take. my solution, crash all the other coins and buy shiba inu. tell your friends, buy shiba and sell everything else...i think🤔, this is fucking confusing, lol) fuck the whales bra...get out of all your positions in other coins and buy shiba inu...war of the coins!
i imagine they are, and others will still be buying.
how do you even calculate taxes lol
.01 gives me a milly before taxes
my dream is around .025-.030. that would make me a millionaire.
question is when will it list on rh ... the speculations are there for a while
move to puerto rico before you cash out lmao
how much percentage is taxes?
in the us, just assume 25%. 20 for federal, 5 for state, though not all states are 5% ... though that is long-term. and i have only had shiba for about a month, which on 600k would be 37%... that is 222k.
would get me over 2 million …but .01 is a long game number. i’d love to see it by the end of the year but that’s just not probable
it just is not possible, but would love to be wrong! it's already tanking. that's all this thing does is get a bump from something, then people sell and it drops back down.
at .01, shiba will have more value than the entire world economy, causing such chaos and inflation that 600k will be meaningless. it's never going to get to .01. if it does, the world bank is going to have to step in and we'll likely see a rapid end to crypto speculation entirely. i believe .001 is about the highest it could go, given the number of coins that exist currently, without thisrupting the entire world economy in a major way. not to rain on everyone's parade with reality...
i forgot about taxes smh. i’ll need to look into that when the time comes lol
i’m at a little over half that, but if it hits a penny it’ll solve a lot of problems for us. idk if i would continue to hold or go ahead and get out.
ahhh...the taxes. i'm trying to get to 2 million at .01 so with uncle sam getting his cut i can still retire early.
more like 350,000 save all your ratings for one fiscal year and pay the taxes on it then you know your good to go. work your ass of for that year, return taxes on work might cancel a good chunk of it. good luck
dont even think about selling at .01 , lets ride it to the moon brother
buy gold from an online store, most accept crypto now. then sell it for cash and you'll avoid paying any taxes. especially if you live in a state where gold is not taxed.
what is rh? i am new to this.
at .75 i could bribe my way into becoming potus.
i sure hope so, but was it robinhood that made doge go to 0.70 ?
this is why we got into crypto! buy shiba don't yield...
where the hell do you live that you could do all that with a million?
if you make it big don’t tell anyone. if you start giving people handouts, they will keep coming back for more until you don’t have anything left. meet with financial advisor and make a plan on how to best use the money.
for sure, good luck 👍🏼
lmao, okay. just like the word on the street was october 25th? until rh confirms themselves, every single date you see is a guess. stop putting so much weight on a random day some dude picked.
okay we’ll see about that
i asked someone yesterday for a source on this even if it is vague. just curious.
wasn’t that the reason for the jump yesterday? back door buying for the people who knew?!
do people still use robinghood though? i thought everyone with a brain left them for fidelity.
the reclimb has already started again friends. most of the panic sellers are just about thrown over the wayside and then there will be nothing left but buyers and holders. it’s sky high from here fellow soon to be tycoons!
i'm in the same boat, got about 6.5mil. for the marginal investment i put into it though, i'll be happy if i come out with with a few grand.
i’m sure you’ll be glad in the end.
there's literally only 40 trillion dollars in the entire world. if there is over 400 trillion shib coins if they wereba dollar each they would be worth 10 times the entire world's wealth. good luck getting that money
i just literally watched one thisappear. which was weird !
buying shib on robinhood would be such a scam as you don’t even own it, you wouldn’t be able to use the swap and get rewards.
many people still use rh. its ui is much simpler and beginner friendly than webull.
if we all act together we are a whale. ✊✊✊
i had a dream i became a millionaire from shiba last night and woke up thinking it was real. i was slightly thisappointed
it’s a mistake which helped tank the price.
thats not possible, its a mistake
this☝️. they don’t want to be the biggest bag holder of doge coz once they list shib in their platform everybody will be buying shib since it’s a lot cheaper than doge.
they are getting wallets
yeah i hope your wrong buddy boy
yeah i'm starting to feel the same way, this feels like doge all over again. i'm not selling but still, i think my chances to make a decent profit are dwindling. i missed out once again.
cant go up everyday, and some people sold
it’s gonna be a few years of hodl
shib is on etoro, webull, binance. pretty much all of them. and yeah its the same
wtf does musk have to do with it. fuck that guy
1 third of 31 million is over 10 million brother
it’s not gonna happen
doesn't a penny put the market cap at 3 trillion (ish). the entire crypto market is 2 trillion. i do not think we'll get anywhere near a penny.
in the us it’s called capital gains tax. it’s different % from state to state.
taxes is just a procentage of how much you make
in canada my understanding is your capital gains is reported on your taxes at 50% of its full value to be taxed at the rate of whatever tax bracket you entered. so on 600k without any other income you’d most likely pay around 100k in tax or roughly 33% of 300k that was reported.
🎵 let me tell you how it will be there's one for you, nineteen for me...🎵
capital gains tax plus state . in california so i would lose like 35%
finland its 30% -___-
i wish i was in the 100 mil club
i’m guessing 60 million.
61million. back when i could buy 8million for :/
dog just set your stop losses and hold for a year. what’s the worst that could happen
theres no such thing as a straight moon shot , thats why you hodl. you probably would have said the same thing about doge about 5 years ago. how do you call being up 40,000,000 million % in a 1 year tanking?
what about the amount that is being burned?
well, it seems to be an ongoing thiscussion. why would market cap apply to crypto? it is not a stock. there are no earnings calls, etc. also, shib is burning coins. hopefully enough to make a difference.
no issue at all! rh=robinhood. it’s a app that serves as a market exchange for stocks, etf’s and cryptocurrency. if shib gets listed it will exposure a lot of people to it, who then will be tempted to buy it.
i'd vote for you. clearly you make good financial decisions.
that and elon. after that doge has been stagnant in the .20s
did you not read the part where i’m reinvesting half a million to a million over the next 10-15 years, i’m not gonna spend that million even in the first 5 years that would be dumb, and honestly if shiba can hit .005 i’d probably continue too keep a lot in until at least .01 and see how it’s doing then. i started with 5400 and i’ve made over a 350% return this month, this was a really good month for me but nothing new i’ve done in paper trading with fake money and real stocks, i’ll probably put a good chunk into tesla when the times right, i’ll have to do a little research into some new stocks and take it from there, then buy a house and land somewhere on the east coast of the us lol
word in the hood then
source: "trust me bro !" checks out . we're good !
how tf do i get rewards for shiba lol
damn right buddy! let’s be the whales!
just so slightly lol
how is a mistake when it’s replicated on all platforms? we’re on the road to the moon then some greedy dev decided to dump 150t into the mix. wow!!
yes but money is money and think about all the money they will be making off of the transactions when everybody buys it. from a business standpoint it’s a brilliant move to list it there.
man - you please inform yourself, how rh handles crypto-business.
right now nose dive
yeah at least in the near future this seems like a close ballpark. i'm thinking closer to .005 but that is way down the road imo
last time i checked
it was a late night lol i just edited it thanks
it will have ups and plenty of downs but in 2 years you don’t think it could make it?
i could be wrong but if i had to guess probably 2 of the three trillion has been over a one year period. all you guys look at this investment like it’s gonna shoot to a penny in a week or some bs like that. in 3-4 years it will be at a penny
is that with or without current burn rate? people always forget shiba has a high burn rate. so at this moment in time no more coins are actually coming from mining because the burn rate is the same. so only coins being bought and sold are from shiba holders
well fml in virginia state it is 42% 😭 lol
i just googled it…it was 30% now raised it you would think i live in cali 🙄😬 lol
trade crypto anonymously and you would not pay those. transaction fees are more than enough taxes.
any ideas on taxes in canada guys?
we have no state tax in texas 😁
how do you know your % stupid taxes 🙄
dude that’s a pretty good guess lol
math, how does it work!
he has about 600mil
i have 187 million i wish i bought more back when it was
sorry bro, comment was ment to be on the mail line. but yeah going for the long run
i admit it’s an overreaction. probably leftover bitterness from getting in so late. i bought in may when it was at an all time high. my number one question remains how will these exchanges and apps pay out? there’s no way they have hundreds of billions of dollars sitting around to pay regular schmucks like me who could become millionaires if this thing hits three cents or so so.
well, that is interesting. is that at the core of the increase over the last few days, i wonder.
mostly because people are investing purely as glorified speculative gambling (myself included), and are going to want to cash out en masse. though i guess that would then adjust the price back down. i just do not see it hitting .01 for a length of time significant to be a benefit to anyone but a lucky few trading bots.
obviously i'd love to see a penny but there literally is not enough actual money in the world to allow everyone to cash out at this value. the world would theoretically go bankrupt. yes crypto is not like stocks but the goal is to cash out for actual money and if there is not enough of it to pay everyone either an actual dollar will be worth a penny or they will just regulate crypto and crash the price
yeah lets hope it does then 🤞
i’d be happy if shib was currently stagnant in the 20s…
they have to buy billions worth of shiba first but since they’re probably still at a loss with their doge they don’t want to buy tons of shiba as it will cause it to rise again and paper hands will sell at the highs dumping the price and leaving them bag holding with 2 meme coins.
about a month ago they said they are getting wallets i’m on the list i’m like 260,000 down on the list for wallets
that's okay, i just get to stock up for the next run. because it is going to happen.
there would have to be a new mechanism for burning huge amounts of tokens. i hope it does but at the moment i doubt it will. i would be amazing though
i do not think it will ever get there .
[ ' it could get worse than that... gonna move to florida before i cash in!
wow that’s actually very high...
wait seriously? is that including the federal tax? if that is not then you basically not making anything after federal capital gains tax.
well damn. i knew it was high, but not that high. i live in va too. edit: just saw your other comment with the correct %
damn and i thought mine were high here 😅
irs wants to know you're location lol
the irs is readying your jail cell now!
you are taxed on 50% of the capital gains, so if you gained ,000 you will be taxed on ,000 dollars so if you are in a 30% tax bracket you would pay ,000 in tax
but we do have a capital gains tax. income yearly between 40k and 400k it is 15% tax.
i'm not from the us but i have to tax 30% on for example a 100k profit
because i have 12.5 mil and a penny will give me 125,000. 10 cent will get me 1.25 mil and a dollar will give me 12.5 mill. just moving those decimals bro. lol
but was it right?!?!
now, calculating how much you profit from it is another thing. but just take what you spent usd on and subtract that from the sum.
yeah that worries me as well. how can coinbase, etc be like "okay joe schmo, here's your 10 million"
just do not buy anything on there because the app and team are corrupt af.
but sadly we gotta get there first, but with how things are going maybe by this time next year we could already be in the pennies.
no shit we would all be millionaires
>shibaswap is it safe kinda skeptical to connect my wallet with it
mate - again: if you buy cryptos on a neobroker platform like rh or webull, they don’t buy your cryptos. they give you a fake wallet, where you see the cryptos you have bought. but they didn’t buy it. they short the cryptos and buy them, when you transfer cryptos in a different wallet - betting on falling prices. if you wanna destroy a crypto: using neobrokers is your best bet.
oh awesome!!! thank you
fair enough, but people also said doge would never make a penny...
ughhh we could change our residence to a tax free like fl or tx smh 🤦🏽 no wonder companies are moving to states like tx
what if we got homes in fl to invest and use as passive income??? lol or lived there 75% of the time?
or hawaii we’re only 7%
with that money you can move anywhere where is no taxes
i was way off marc- that was state and capital
that was included state …i hope i don’t got to pay state - means i just hodl forever 😁
so we are about 5.9% yes?
where in va are you? i’m in va beach
where you at? what’s the % for you
i never step foot on american continent and i've paid vat to buy bitcoin with atm. "irs" can suck it, so can the european version of it. legally, i do not owe them anything (:
i’m in the usa and our tax is probably higher ?? ughh anyhow, i only hodl 5.1 million lol
in sweden you do same 28 to 30 and if you live in stockholm is 32
i heard about this coin yesterday through a phillip defranco youtube video and put . hi guys.
i’m in the same spot but with 10.3 million shib
which is barely less than you calculated since it is so cheap right now.
my dude 12.5 million shares times 0.1 is 1.2 million it’s more than you thought
so what is the point of them even saying they’re getting wallets then? i don’t buy crypto on there but what is the point of them even getting a wallet webull purchases the crypto and then you just trade back-and-forth in there. it’s never yours to trade to your own wallet. the same as robinhood but explain to me then why they are all excited about getting wallet now
we don’t know that for sure
yep - but leave the crazy tax policies at the old address!
or alaska...though sadly, no companies are moving here.
it would have to be your permanent address before you cash out. they are on to that trick.
add that to the federal cap gains tax, you're about 43% in taxes sadly. they will tax everything they can to make up for their bad spending in government.
that’s my understanding atleast.
crypto is taxed as capital gains tax. the percentage you you get taxed depends on when you sell and how much profit you made.
this is america. the more millions you have, the less you'll pay in taxes after a lawyer and accountant get involved.
you answered that like you know where i live😳
they are excited, because it’s hype for cryptos. point is: rh, webull and so on dont buy the cryptos, they just give you an „i owe you“ amount - so nothing happens with the price of many people buy on that brokers. real broker: coinbase (for example): you buy crypto, they buy it for real and price changes. rh and webull is rip-off and hf fuckery
to say it in direct words: dumb people use neo brokers.
from what google and some article says... early may 2022? where is everyone getting there info from?
well shit, that’s higher than blood pressure 😳
to make up for the taxes the billionaires are not paying.
i’m dead 💀 smh 🤦🏽
i’m just hodl fuck gov
cool! i have family in reston
so are my calculations correct or should you do them?? i don’t trust myself lol 😂
do you have to pay state too?
i’m hodl fuck taxes!
so if i invest 2000 and make 2 million i’m taxed on the difference?
stupid question, for capital gains do you also pay income tax on the sale or just capital gains tax?
okay my previous calculations were incorrect- that was based on capital and state…but still wtf 😬 it says as “income is 5.75%” there are a few state that have no capital gains tax!! 🤗 such as tx
i need to buy more shib to have a lawyer and accountant
that’s the truth right there, it’ll be just like our boy bezos!!!
yeah for sure. i live in jersey, much higher here. waiting til i move to florida in the summer to cash out on anything.
nah, mostly due to poor planning and frivolous spending on things that benefit no one
which made me buy 1 million more lol 😂
well, holding more than a year will significantly reduce your capital gains tax.
i’m sure, nys is a bitch😂 they will suck the money right out of you
yes, if you hold a coin for 366 days it reduces taxes significantly though.
not if you stay anonymous. no one has a clue how much you've made off crypto dude. don't listen to those amateurs
you just have to buy more shib for more millions! also, i'm not a financial advisor, so do not listen to me. lol
yes true. that tax is targeted more for day traders. but i do not trust that would not change.
apparently virginia state will too
i can’t thisagree there. i just hope the feds have the sense to raise it on a tiered level. let the little guys make some money in the markets. hundreds of millions of dollars in trades should probably be at a higher rate than me selling my few shares for a 20k profit
sooo, hypothetically if we cashed out in say, the cayman islands we’re good?
can’t let the average person become rich, because that’s just nonsense!
agreed. annual accruing versus per transaction so that it does not create a loop hole for offloading small amounts at a time for the whales while shitting on the little guys edit: words
if you were a citizen sure.
imagine selling after 1000% gains in a month.
a lot of the market is red right now though. it’ll pick back up.
im grateful that the 200.00 i spent to buy 112million shiba has not been missed. i have a job and my bills are paid. i never invest any money that i can’t afford to loose. i will be holding until i realize enough money that will really make a difference in my life. when you sell on the down slide and money is tight for you in the first place, you may earn a little bit along the way, but with every floor increase you loose your ablility to buy— you buy less and less along the way which earns you less. buying and holding is the way unless a big crash is apparent. shib is up 4.4 million % since it’s birth. when in doubt zoom out!!! shiba is looking beautiful!!
fck em. gna try and buy some at lowest thiscount i cn.
it’s oki don’t blame anyone only god knows what is people going through
absolutely not, its peoples money and profits. to some people that profit is rent for next month secured or even just a food shop. worry about yourself and your own portfolio and gains. not everyone trades the same way and that is up to them. also do not pretend you know what the market will do, for all we know it could just crash into a bear market next week and those people who took their profits who needed the money will be relieved and grateful. not everyone who gets in to crypto can afford to hold on a 200% loss or some shit.
only holding 1 mil 😭
sounds like op bought at 0.00009
i just bought another 1.3 mill.
i sold it all after the pump and managed to pay of all my major bills and crippling debts last week, just bought 3mil more after i got paid gotta rebuild before lift off 🚀
they'll just have to pay more when it shoots up
cant blame people for taking a profit
i’m holding for at least a year
i hodl over 1 b. i am in till the end🏆 need to build up karma before i can post. let’s go shiba 💎. 🙌
shib is just getting started. if you want to sell now do not complain later when you miss out on huge gains. and remember the taxes you will pay on short term gains right now, might wanna think twice on selling so soon. as soon as robinhood lists it, it will drop another 0. i'm holding well over 100 million and will hold until i make 100k or more not small insignificant gains. don't be scared...hold
people are definitely worried about their money. i think shiba blew up too fast, people realized they don’t want to make the mistake of ignoring dogecoin to make thousands or millions. that mindset likely screwed a lot of people or it’s screwing with people right now. alongside that mentality , there’s the potential of foul play , when shiba soared to .0001 last week when numerous crypto platforms went down. shiba is a long term play, people saw doge in shiba, and now growth has gone sideways.
also when the the incedent when it got listed on cpro. wish i would have bought an hour later that day with how much i bought. i would be sitting great with 3billion shiba
it already exploded tho. lmao
hey hey hey, quiet down. let them do what they will. this is a great dip. lmao
the bad thing when people sell and wants to get back in they have to paid more for it. if you sell and not try to get back in and take the small profit it’s good. but, for diamond hands that still hodl even looking better. give it time it’s going to jump back up. this is crypto 24 hour trading this is expected, this is a normal drop in the bucket.
i just think we got hoodwinked by the circulation number, adding another trillion is kind of a big deal. the shiba team has really not communicated well about it, only reason i'm pretty down about this.
those selling bow are the same folks later on asking if it is a good idea to buy it while it is high.
i understand we want to hold, but we have to be realistic. people may be in a situation where they need the money and forces them to sell i read in another post someone had to sell to get bail money for jail, someone had to sell to pay rent etc etc. so i thisagree with you with that statement. we say put in what you are willing to lose , but there are plenty of people who is relying on this stock to build income. this market goes and an goes down and will continue to do so thats the way the market is,, but i believer regardless we will drop at least 2 more zeroes hoping for more but im not expecting it to hit the moon overnight, but their are many people that cant hold out that long that is trying to, so i say do not panick sell because you see a drop but if it comes to your lively hood sell and just buy back in if or when you can
always remember - there is a reason why most people are poor or always stuck in the routine. they lack patience. hodl.
buy dogelon with profits
to be honest you can blame people for that mf are desperate out in these streets
shiba will hit 1c the end of the year baby 💰💰💰💰💰
they’re not idiots my friend. i think they just don’t have enough faith that one day here they will be millionaires. i’m hodl 1 b and i’m in till the end💎🙌
have you ever heard about the guy that sold his bitcoin for ??? bet he wished he would of held out. shib is money in the bank , period !!! i’m waiting for a fu payday !
now on 10 million
why are they idiots?
🐳🐳🐋🐋 selling. they will be the real winners.
when i bought in at 37 i thought it was barely going to hit 50 by friday. so i’m happy with these gains
do you know something we dont? if so please share!
it is exactly time to buy more !
build a position. add in dips.
take it easy. crypto in on period. no worries
i need a good dip to lower my average anyway
i hope it goes back down right before robinhood
trading vs holding . this is community’s way
people who spread fud are idiots. someone never heard of whales.
what's causing the crash? why have not the fix the supply bug?
it’s ok paper hand bitches making a couple of bucks
hodling and bought some more
let them sell, i will buy more lol
this is what happens when “smart money” buys into your crypto. they’ll sell it down. let the common man pump it up then sell it down again. etc etc etc
i’m hoping my transfer happens a bit faster or at least when the dip is still dipping
i am shiboracle 💎🙌 have faith
selling when you've made a substantial profit. i wouldn't blame anyone. it's wise.
my original plan was to hold for 2 years anyway a lot can happen in the time frame
get ready to buy shib for the low low.
just bought another 300$
if you sell now you will have a very hard time getting back to the position that you had.
buy buy buy! hold!
i do not mind everyone panic selling right now. as long as you realize you weren't going to cash in ,000,000 today anyways you should not either. look at the bright side. shib will absolutely get to 000x, in time, and this is only giving you the chance to buy more at a lower cost, so when that time comes, you will be a fat wallet while everyone who sold to buy christmas gifts will be short changing again. not knocking the small profits guys. you do you fellas. i'd like to see everyone make some $
hodling my 30+mill of shib! 🧘
buy that dip! even if it is only !!
bought last week and plan to hold for a minimum of a year. even if it moons before then, i’m not trying to pay short term capital gains.
well, it’s definitely hurting my damn bag!
if theyre in profit, no theyre not an idiot. congratulations to them.
you heard of "sell in may go away"? well in november they all come back. investors that is. are you an investor? you better hurry up and act like one or you'll still be playing on your ps5 in a couple of years while the rest of us are gaming up in the metaverse.
yep absolutely idiots. this gonna be 0.1$🚀🚀 you should also check out tcub and tking
like you said they are idiots haha
some people just don’t get it. volatility is the key to understanding. some people are like “oh no my ” should i seek now. no don’t sell. just quit checking then you have people that say my ,000 and they think they are the smartest investors in the world. these pandemic, stimulus check investors are simply addicted to gambling
i would hope nobody in this group is. we gotta hold the line everybody!!
bought more this am. making my bag bigger
just wait till tax season then they will be like really pissed
lmaooooooo yea crazy right
bought more and will continue every paycheck. no later the price.
i was an idiot once, just once. so glad to be in shib even though i'm down. meme or not it gives me opportunity plus.
guys. the big whales will buy and drive up the market. just hold hold hold
i'm just gonna buy more now
i don’t mind people selling… i’m waiting for a dip to buy more!!! hopefully massive dip to add another 0 back and i’ll buy more cuz it’ll moon after that!
always buying in the red while everyone is running.
paper hands will be thisappointed later
now is a good time to buy more
you know it is hard to tell anyone what to do. some people gamble money they can’t afford and it scares them when the dip approaches. but definitely do not be scared on the dip it will rebound.
im holding 450 million shiba and holding strong
i agree. buy buy buy
imagine not selling until january because you staked all of your coins
especially with pending good news coming.
you are dumby dumb dumbs! i hope you sell and they announce robinhood tomorrow! then you can buy some cardano!
take the same amount of money you have in shiba and put in apple and tell us how big you gain is.
it’s about to go on a parabolic curve boys, these folks don’t even know what they’re doing... just giving away their good price average.
i kinda loathe these short term investors.
keeping my 3.3 million babies 💎🙏🏻🚀
don’t sell just hold, even a small amount will make you a generous profit! the currency is increasing exponentially in popularity—hopefully soon it will be in the top 5 most popular.
i sold my earnings and have my initial investment still in. i did not want to but i had something come up and i needed the quick cash. don't hate me!!
today is a buy day
i agree. i'm an happy idiot. hodling strong my friends.
some people are selling because they already made bank, not necessarily an idiot. others sold because they are in need. blanket statements do not do many of us a favour.
shib is a pump and dump...
good enough for me made the price lower so i can buy more
i see it as a win, let the fools sell their stuff and the smart people can buy when the market is down and we keep holding while the prices keep going up…big brain
breaking news ship might be listed on robinhood tomorrow at 9am
those who are fud and have paper hands
who cares? give me the thiscount because i’ll happily accept it and patiently hodl until 🌙
it’s all good…i can just buy more cheaper
just buy the dip.
that would be an idiot move...hold your shit mofackaz… to the universe
i second that! lol. also, amc ceo adam aron also has a poll right now on his twitter page asking whether on not amc should accept shib as a payment method. when he made a post about whether or not amc should accept dogecoin, he later came back and said that that was his most ever retweets, most ever comments, and most ever likes on a post. shib is incredibly close right now to beating all of those numbers and it already did best the retweets. if enough people go over to his twitter page and vote, perhaps the next big article written is how much more people want shib for amc payments rather than dogecoin. my advice, go vote on that poll now!!
it’s not even halfway on the weekly and it’s getting ready to form a new candlestick on the monthly….do not sell
may i know what platform you used in tradings? thanks
lmao!! why? if they bought low, they may be making a nice profit. everyone has their own financial plan. what difference does it make what other people do? lol. when my price target hits, i'm selling. i'm not hating folks for taking their profits. smart move. i'm hodl until i do not. just like you.
i want these people to sell lol. i can buy the dip 😁.
selling? i just bought more...
agree with that 👌
if you sell you go to hell!
maybe your the idiot and those selling have other plans
hey y’all, if the community sticks together, we could still see huge gains???? it basically increasing mc correct?
better the weak sell now, imagine when it hits 0.01 the dump would be insane with all the weaklings
still an uptrend, a 4 hours candle full bodie close below 0.000055 will be a downtrend, other wise if a 4 hours candle full bodie close above 0.000075 its a confirmed pullback contínuous uptrend.
i quote "fortune favours the brave" not much more to say
stop shilling, the moment you get your target, you will sell... so f u
you do not know people's individual goals. some will have already made more money than they have ever seen. stop crying because you did not get in early enough.
yeah people same the same thing about doge and it hasn’t done shit since it’s .75 spike. take your gains people
just bought 25,000 usd 🙈😅 they will keep flying
makes me wonder it will really hit 0.1
idiots use to call others idiot
got 110 million. not even looking at the price uhtil 2025
everyone needs to stfu about what people should invest in and do with their money. it’s just manipulating all the way around. say this is shitcoin this , shitcoin that when millions and billions have been made. that isn’t shitcoin in my eyes. jealousy and ignorance. no way to predict what the market will do. make your money and keep it to yourself. no one cares if you made ,000,000. if it isn’t in my bank account what would i care ? morons.
no everyone who is selling is capable of using their own brain 😂😂🤡🤡
no-one is an idiot for closing a position that has given them around 1000% returns in a month. quite frankly you (and i) have literally no clue what shib will do, so maybe the “idiot” comment may need a bit of redirection. there will be a multitude of further opportunities with this coin and there is absolutely no need for any panic if you have held or closed.
true... especially before christmas and black friday...
we are just getting started. hodl
imagine making 1000% and not taking profits lol
imagine not selling after 1000% gains in a month just so you can risk your profit and hand it over to the top 100 wallets while your “profit” slowly dwindles down to nothing 🥴🤡
who tf still holds after that! lmao.
imagine not selling after 1000% gains
imagine not taking 1000% gains. not sure if you know how this works but you’ve made precisely fuck all profit until you close matey. i’m out for a bit. will buy the next significant dip.
seems to have a tendency to have crashes on the weekends. shoots back up throughout the week. still if anyone sells its a pretty fuckin clown move. why would you sell for a loss when you can wait and profit ?? lol
i bet fomo will have some people gifting shib for xmas. :)
lol and 94 million percent over a year... it's already, by far, the greatest increase of all time, no?
i paid close to , and i'm still up and holding!! so i'm a little jealous, but at the end, we will be equally rich! cheers!
elon does not know everything.
i really hate how cult like this crypto is. so annoying seeing the same 3 types of posts about buying and holding. its just a bunch of teenagers upset that their 50 dollar investment isnt making them rich af.
if profits from shiba is rent for the next month they shouldn’t have invested in the first place... i don’t blame people for selling but a lot of us are in it for the long hall. i won’t sell until i can quit my job
200% loss? how does one lose twice as much money as they risked without leverage?
this. i'm fine with losing in potential profits, even if it would be huge. i feel better knowing i profited a ton right now. i am not gonna get greedy, and let that greed let me dictate my emotions. i am considering putting new money in, and taking my profits to new investments. some time ago, i had to sell 90% of my portfolio for important stuff in life. so it is a nice kickstart to getting back to where i was.
perfect time to buy more. i’m with you.
you mean taking a loss?
and it keeps climbing lmao.
that is what everyone has been saying, only invest play money, and these idiots invest their life savings, their whole salary and expecting this to reach 0.1 over night. and no one should rely on this "meme stock" at the moment. i'm glad these guys are selling. as long as they are not selling from their wallets it should be good.
plus the ridiculous fees unless you bought it from coinbase pro
what happens during christmas and black friday?
yeah why does anyone make any generalised statements about financial decisions…. we have literal children mixing with millionaires on these crypto
i’m up way over that on tesla , holding
only if you put a lot of money into it
it wouldn’t be selling for a loss in every case. i bought shib in june. sitting very positive even now.
i took advantage and bought more to round up to the next million, it sucks to see but i’m hoping .00006 is the new resistance point.
idk. i got back in this in may and had planned for the long haul since then. that should be the point for most people. let this thing grow for a while. but people see red and get scared. especially new people that aren’t used to seeing the market dive. that’s just the nature of crypto.
everyone has a "i am going to buy and hold for 5 years" attitude and as soon as it drops they are selling you all dont deserve to be part of the shib army! deserters allowed!
elon can just go and find some new names for his unborn babies
u are so funny just worry about your portfolio
that's exactly it mate 🤷‍♂️ they all think posting hodl guys i'm hodling will turn their 50 into 50m in a week and its just bonkers
its ass lol. same crowd that ruined wsb
i'm not saying they should but some people are desperate to make ends meet. fair enough you're in it for the long haul but that does not give people the right to shit on others who trade differently. also, what i said was just an example some people are just trying to quick flip for holidays or pay off debts or whatever. my point was everyone is in it with different goals at the end of the day so if people are selling now so be it. won't get everyone to hodl for years by calling them idiots for selling while up lmao
1000% in a month a 200 percent fall is nothing if they cashed that out. some people like a quick buck, it’s done them well there’s always something else to worry about. people selling now are smarter than the people we see on this thread claiming they’re holding till 1-2 dollars
if they got in early, why not?
dude people have to eat too you know
people need to take their cash out to buy shit they think they need
yea i'm confused... does this usually drive price up or down?
mostly children, if you could not tell by all the "what are you gonna do when it hits a dollar?" posts
i was hoping .000065 was. it went to .000058. i’m not sure there’s a very solid resistance anywhere in these range unfortunately but i do believe there’s enough hype and eyes on it and a lot of money to be made if it pumps back up to .00009 from here so it’s all good imo. better we all keep our phones off for today and enjoy halloween. tomorrow will be another day
well people seem to think crypto is about that quick buck... now if i had thought it through in 2012-300 worth. i know that any investment really should be looked at over a year or two at least. oh well live and earn i guess. i got in on this a couple months back as well and shibaswap is looking like it is going to be very beneficial over the next couple years.
i agree with everything you said except for the ends meat part. investing in a risky crypto like shiba to make ends meat is just a bad idea. if you have to make ends meat, get a second job or a side hustle. i know it’s easier said then done but still better then using a alt coin to make returns. that’s all i’m saying. anyone who sold made a profit so i thisagree on them being idiots
thats not how it works. even with 1000% gain you can’t pass 100% loss
it's a practical death fight over materialistic items that will be replaced in about a year or so. legit only time i've participated was to buy a ps4 controller on the cheap. mfers are expensive.
so then more people selling shiba? am i not understanding ?
biggest waste of money
last btc ath at ,800 it shot up during thanksgiving weekend.
people are taking money out of their krypto so they can buy shit so the price goes down. then the smart people buy on da dip and make millions when price goes back up
down, but as much as their saying people sell… after christmas things spike up because people buy like crazy as well.
seriously lol. i plan on waiting till it hits around 0.0005 and then cashing out. if there are trillions of coins burned in the future i’ll then think about buying back in.
i never said its a good idea or that people should do it, i said that people do it out of desperation
my point still stands regardless, yes it’s dipped but it hasn’t dipped to the point they would of entered at so they are still in positive. i get your point, but chances are they haven’t lost it all.
lol, like you arent hoping your coins moon so you can cash out and spend it on materialistic items…
i feel your pain. i’ve had 3 in a row where the sodding right analog stick starts going mental all on its own! annoying.
not just shib, but any asset like coins, stocks, etc so they have cash to shop.
depends, i'm considering pulling out 20m to buy my mom a flight to croatia. not a waste.
ah ok. so this is essentially dip season. i'm guessing after christmas the crypto market is going to sky rocket.
since when did supporting your family become materialistic? snarky.
i hope you can feel my tears for you. lol.
i like the dip, it’s like thiscount crypto shopping.
never a waste to see your mom. do it while you still can you'll never regret it.
well, i responded to a comment that said “people need to take their cash out to buy shit they think they need” so tbh bro what you sayin rn has nothing to do with what i’m talking about so gon head and carry on bro
just like last january
i seem to be asleep when dips happen s2g.
my mom lives 20 minutes from me but her mom's from croatia and she is always wanted to visit.
you should go with her to visit your grandma!
i wished i could send my mom to croatia …
grandma also lives here now, she was just born there lol.
hold awhile longer and buy her a place in croatia
exactly. remember why you bought shiba. stick to it, and do not give into fud.
i bought doge late. i have 2000 i bought shib when there were 6 zeros...i was not going to miss the potential opportunity. my kid (31yo) told me to get out before its too late. i did not get out, he did. the opportunity was too enticing. thankfully i followed my gut. 985m shib and holding till the bitter end! haven't asked if he bought back in.
hold, soldier, hold! selling is not an option!
i can relate. i bought 4 million doge when it was at 0.0008. sold chunks for small quick gains. then rage sold everything left in february. could’ve made millions when it made it to 0.69. lesson learned. no reason to sell my 150 million shib now. whatevs all the way.
what i have learned in my short time in crypto. don't listen to anyone but yourself...
disabled senior sitting on 3.8 mil and slowly but steadily mining another 2mil. hodling to not be broke as a joke every month.
always follow your gut, i bought into shiba and i have realized a gain of 300% after which i sold off my initial interest and kept the rest! so everything i have in shiba is free, plus i kept 50% of my profit!!! but you have to do what is good for you!
i’m not saying it’s your fault or anything of course, but never listen to doubters. those are the worst kind of people, and know pretty much nothing about crypto lmao
people talk shit about a crypto, bam it moons. 😅😂😂
i always believe that the naysayers are trying to convince themselves rather than us that all of this is a shit investment and not worth going anywhere, it very well could be. the low risk. the naysayers will have a 100% of getting nothing, we'll at least have somewhat of a chance to profit even a little bit.
it's a long term project, keep hodling!
don't listen to the fud!
i only have 25 million shib is worth it and gonna go past .1 cent soon?
67 million strong 💪 and holding.
“to thine own self be true” - bill shakespeare, 1601.
thank you for sharing your experience
sorry man, i know where you're coming from. not a hundred million but i could have been a millionaire
i'm with ya all on this, lets take this dog to moon!
if i want to sell i'll tell myself to stfu
what i learned in crypto is holding cures everything. patience my dogs.
my shib holdings is dedicated to being my fuck you money!
hodling at 70 mil. hoping this will pay off my mortgage & get me a comfortable retirement
yep, it is why i refuse to listen to the doubters, because over the last decade, i too used to be a doubter of all crypto, where i thought it was a scam, told someone to sell off their bitcoin when it reached , that it is a bubble about to pop, etc. after being proven wrong damn near every time, i've come to acknowledge how wrong i've been and learned to humble myself and admit that there is no way to tell how crypto will do and that investing is a smart option.
that must hurt man
slowly building... i'm at 20m. will continue to add more in the upcoming weeks. i just want
i wonder what price doge was 4 years ago? imagine if it is the price shib is currently at...
i am happy i got on time. when the price jumped i was so happy. it was my first independent investment. and i was so excited when i saw 600 eur profit. i am now so happy i didint sell. when i bought at first, i bought a dream (maybe, somehow, someday), but when the price jumped, you know, you feel more motivated to wait, the dream seems more realistic. and this feeling is awesome. i think most of us should appreciate this feeling, learn enjoy the waiting process. i think its the first time i appreciate my patience. i always thought its bad for me. because of my patience i keep working jobs i dont like and so on. but this time my patience will pay off, and i finally will do what i really want to do: study, translate, travel and help my friends and family.
if your 18 you can hodl shib for the next 20 years. for some, they been hodling since that first day when they bought shiba for 0.0000000005 they can exchange for . but they still hodling on
this is encouraging to hear. need some positivity!! are there any other crypto out there that are also cheap to buy now?
absolutely agree onward my brother
i have a similar story with bitcoin.
this is going to make some millionaires... don’t miss out folks!
i had 6b doge in january 29 2021 and sold everything next month in february went to the moon. my advice never sell.
they said same thing about ftm when it was worth less than a dollar. i bought 2000 coins and has even thought i should buy more to nice round number of 10000. would have only coat me 250 dollars , would be worth 20k now . don't listen to anyone. it also helps to set up limit s on selling . for example i have one to sell 25% of my shiba at .10 a second at .50 and final at 1 dollar .
shib is purely an investment vehicle. i guarantee that when the crypto dust settles, shib will be worthless. just like doge.
the amount in circulation is ridiculous here though.
same boat my friend. same boat different oar.
i look at it this way, the money i have invested in shib does not effect my life at all if shib fails. but if shib succeeds it definitely changes my life. so it would be pointless if i sell right now.
i almost bought 1000.00 worth of bitcoin when it was around 58.00 but someone talked me out of it. they were like ...the government will never let bitcoin replace money and they will never let it go anywhere, they said besides you use fiat currency ( worthless money) to by an imaginary cyber coin you'd have to be an idiot to spend .50 let alone 1000.00. i would almost be a millionaire 😪
facts your way is your way
out of our curiosity, does anyone know the percentage of people that are in the hunted million range & up? there were so many six months back, curious how many are left after the rush.
very motivating, thank you. now i would not deny i made a bit of money off doge selling on its way down. however, holding it and watching it slowly grind down every day, (because after all i could not sell all of it and miss "the moon" ) that slow bleed out was very painful. of course i say was, because i made the choice to put my doge money into shib, instead. i feel very strongly that shib is a much better investment, and a much better value dollar to coin ratio wise. so now i hold bit and shib. and if it was not for a certain stock i've been holding for a while waiting for the coming shortsqze, well let us just say i would not be buying stocks anymore after this one. it's crypto buying only from now on, for me. very happy with how much promise shiba coin has. i'm holding, too & i got a good number of these here shibacoins. live and learn i guess.✌️
exactly!! i’m so sick of the fucking market cap geniuses they just decided they won’t buy it so they do their part in spreading fud. they don’t want anyone to succeed
i started at .00000614 bought then on a whim, averaged up to 117 mill. coins for .00001400 never sold never will, holding for the 2% interest rate divided by 12. i will start cashing out just the interest rate after it hits .01. otherwise you will let the interest rate accrue monthly, along with weekly deposits of .00. it's my credit card towards retirement. except with reverse interest rates...
buy next year we will be knocking on the door of .01 after christmas will be very interesting, a lot of younger investors may just ask for cash as a present, so they can buy crypto good luck crypto fam, especially shiba
i’m new to buying and a buddy has talked me into getting shib. first ? is did i make a good decision? and should i just keep investing a little each week? or get to a certain amount invested and hold until the coin goes up? any noob info would be appreciated. thanks!
thanks for the message. i had 800k coins. i feel the same about holding shib. it’s cheap anyway. why would anyone sell? buy and sit on it.
holding and staking most!
bought 100.00 worth, lets see what happens. low risk .
waiting on the dip to buy more
yep, i’m hodling doge, shib, kuma, and will invest into hokk, and others as well. at least . i mean why not? it’s a tiny amount of money that’s not a bad loss if something tanks. if any one of these coins moons - and i think they all will - you will never regret putting in seed money to grow your future.
i had about 350k doge that i mined myself. i sold it all for about . i had about 75 ltc also that i sold for abou . now i have about 650 ada and about 28 million shib. no matter how long ada spins it is wheels at two to three bucks and no matter if shib never breaks a cent, i'm never selling them.
i am own both doge and shib but guess what i hold more shib lot more then doge anyway hodl on both +555
i didn’t have that much but yeah—i’m right there with you. i know the advice was well meant. i still feel like a fucking idiot.
isn’t shiba expensive to buy now?
i feel your pain. i only had 2 million of them, an i sold at 0.01 made 20k, then a week later they hit 10cents then not long after they went to 90cents. fml. oh well i only paid i'm holding my shibs till they hit 0.01 not losing out this time.
thank you for this post!!!
thanks for sharing. helps to motivate me to hodl. hodler til we get into the millions 🚀🚀🚀🚀🚀
im holding too but they need to but they need to burn a truck load
but you need to buy so much shiba inu that you don’t have to wait for 0.01. do you have enough shiba inu to make millions from 0.0001? that’s the goal. keep buying.
i am holding 8.9m shib, and it is 2.5 times to what i invested, i am not interested in making few thousand bucks and also even if it goes to 0, i wouldnt mind. so i am holding.
i had the opportunity to get tons of bitcoin waay before it had value and passed. smh
fuck it im holding boys!
my cousin did nearly the same thing. sold his doge a week before it took off or he would have had 6 million or so.
very sound advice. i was trying to buy in as soon as i heard about it. but every way to buy seemed risky or overly complicated. i kept researching every week until finally i saw webull had it. so i bought as much as i could at the time. then a few weeks later coinbase offered it and here we are. i'm never selling... well until it drops maybe 3 or 4 more zeroes. hodl for life!
yea with burns and popularity and all you awesome folks holding we will be well rewarded for our patients within five to ten years
so!…you couldn’t hold onto, what?…?….come on sad story guy. instead, tell us what you actually did to f’ that opportunity up. that is the lesson. go ahead.
hello to all shib belivers!! join "shibainugroup" our goal is to reach at least 1 million group members. untill we get there keep collecting coins. when we"ll get 1 million members we"ll start our coin manipulation. share with your friends and invite everyone you know. lets get rich as f4ck. if every member buy ar least 30 million shiba coin we will own more then 30trillion coins together. every idea is welcome. every one is welcome. lets do it guys!!!
the opposite happened but with my dad! i'm 31 so i almost thought you might be him 🤣
buy another 15 million and become a shibillionaire!
please round that up to a billion lol, you are so close!
you forgot something though. buy buy buy as well! not financial advice.
at this rate, we wont need to wait 5 years lol. but i appreciate you fellow shib hodler!
i definitely sold over 400k doge just 2 months from the spike. my life would have changed ...
don't even listen to yourself, just hold. i was sure that dogecoin wouldn't make it much farther than 10 cents. oops.
one of the best statements i 've heard.
nah, its definitely my fault lol.
😈😈😈 we got this 🙌
1,100000 strong i feel a little down about not having more got it at 0.00000011 well i spent 9$
how much you invested for 67m? pls. reply
it is vital to make your own decisions. there are those who, if they can convince enough of you to sell, the price goes down and they snatch up your cheap shares. amazon crashed to , people freaked out….now it is . microsoft… …with all the splits. if you held on...,000. not telling anyone what to do…just food for thought.
only here for the cause! shib will moon!!! 🚀📈🌕💥💵
my most humble apology sir, i knoweth whither thou art coming from. not a hundr'd million but i couldst has't been a millionaire *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
you cannot think of what it could have been, that mindset will always stop you from making that next move. there are people just getting in today thinking it is too cheap to pass up, all about you're view point.
do you know when those nfts are coming out???
when one door closes, another one opens...
i love you, all! lets get it!
“if you'd bought one dogecoin on may 4, 2016, it would have cost .000227”
so you are never going to sell?
you wouldn't have held anyways. don't miss this opportunity now.
this isn’t financial advice, just what i did personally. i bought each week up to an amount of coins i wanted (100million). seemed a good number to get to, nice and round. i started this at the start of the year. since then i’ve been buying when i notice a little dip and putting whatever i can afford in. i had a gap of two months where i didn’t buy anything. but every now and then i’ll put a little in. not financial advice.
it was more like several hundred dollars lol.
son, is that you?
not at the current price. it will dip then ill buy.
i was dumb and listened about bitcoin and before i knew it it was to late...shiba is still a toddler. so are most coins. just remember that
[trust no one, not even yourself](
yea completely my own too
like around . been holding since late may
yeah man i just gotta suck it up and buy i def think this shit hitting 1 cent it’s inevitable imo
i'm late and you prob saw the announcement, but they should be released tomorrow 10
nah not too sure but they’re using the nfts to burn tokens i needa hop on this train bro but the restrictions in my region make it hard navigating around it now tho
don't know , that why i set those limits . i set them and forget them... i have great job, so for me it is just putting money in different projects . dam i'd they go up or dam if they go down .
nah i'm just your father's brother's nephew's cousin's former roommate.
speaking of toddlers. what are some other coins that are likely to grow? i have ada, algo, and shib. this is definitely the early years for so many. all it takes is one to do it’s moon thing.
hell ya just bought more today, bit of a sting no longer buying at .000008 but hey that is the way she goes
what app allows you to set those limits?? i’m using crypto.com and i don’t think they have any feature like that
people talked about safemoon a few months ago. i bought a few bucks just in case (24mill). i do not know how it is now.
lovely and hot...bitmart is a good place for them.
evergrow coin has very similar tokenomics to safecoin with automatic reflections in busd in proportion to how much coin you hold. with shib’s volume you’d be seeing ~.
are any of those growing since you had them
i have a lot of faith in chz. if there is anything i know about sports fans it is that they will pay for just about anything. seems like a great time to get in on the coin.
kukcoin , let us you put limits . also i believe coinbase pro
how does one buy that? i have coinbase and it’s not on there. buying crypto outside of the main exchanges is spooky for me. that’s why i missed out on doge. never again.
saitama seems to be a great young coin prepped to take off. they are establishing an ecosystem, marketing, and thistribute 2% to all those who hold coin which is pretty awesome
pancakeswap. you have to buy bnb on binance and change it for safemoon in pancakeswap. at this point it is known but just in case: not financial advice
i just can assume that coin would one punch you.
never heard of that one where do you see it
so i just got binance. i’m in the united states, and not seeing it in the register options. a quick google shows that it’s banned in the usa?
hi ya. do you mind my asking a few questions? i wanna buy some safemoon…. but i really have no idea how to do this. 1. is binance safe? 2. will i access pancake swap within the binance app? or do i need to create a pancake swap acct? 3. i’m sorry to say but i don’t even know what a wallet is. does the swap happen in pancake, and then it gets put into my binance wallet? 4. i’m technically un-savy. i tried to buy doge and just gave up because i didn’t understand it. i got about this car. downloading apps and not understanding wallets etc. even after watchin youtubes. 5. i feel like buying before it hits a bigger exchange is how i’d be likely to have a shot at the moon here. it looks like a pump, but i wanna put down quite a bit here. would love to not f it up. any further advice you can give? thanks so much if so, if not. no worries.
look it up it seems like a great opportunity. i bought mine on uniswap, it’s still early so it’s an opportunity to establish first rather than catch the tail end of the train like a lot of coins
not everything will be readily available to you on like coinbase or binance yet, majority of these coins start on decentralized exchanges like pancake swap, uniswap, and many others. the problem becomes when new coins come and put into these defi exchanges majority of them can be scams or rug pulls.
here’s a quick video from safemoon verified twitter account explaining how to buy in less than 2 mins, pretty easy to follow
i agree, i hate that they coined it the "doge killer".
currently 1 million shib will cost -!!! hold it till the moon baby!!!!
no worries. just buy and hold. don't not use money you cannot afford to lose. 💎🐶
i dropped 1100. i have 35 million shibas. i’m going to the moon
i agree the "doge killer" name was a bad idea.
525 million shibs, to the moon boys, i’m holdnnnnn
ive been living in my car for 6 months and have ,000 in shib. i aint sellin.
haters of doge will call it “ doge killer “
currently holding 78m shiba. hold hold hold!!!
long story short this is a lottery ticket opportunity this shiba inu but with better odds. i say we all find a way to make this thing rally all the way to .10 before the end of the year. or if you need a smaller goal then .01 . they did it with doge so we can with shiba inu . lets make this the next gamestop stock
60 million coins and buying more during this dip!! hodling
well said my friend. with you all the way
super stoked to be a part of this!
.05 is not an early investor that was like 2
this post inspired me to get another million shiba. i'm in it for the ride. my goal is reasonable. i'm not looking for a fantasy, just to net a decent profit. we got this. regular cash sucks. crypto is where it is at. keep hodling! diamond hands until we wake up one morning and this all paid off.
"early investor in dogecoin" at 0.05...
i love doge myself. it’s sad to see it get beat down. this is still a marathon but man i feel like this coin is sprinting. .001 otw
totally agrees , i got into doge around 2017, everything dipped. now 2021 comes and doge has done great. this coin could dip hard heck all crypto could dip hard, just hodl as long as possible. i just do not get why people decide to sell at a loss. it could take 3 years to make decent money from shiba! you be kicking yourself if you sold now and down the line it spiked also stop calling it the doge killer because it would not be. doge has a massive reddit community. do you not want the doge community to help shiba...
i been putting my friends on shiba just like i was putting them on doge. i been working non stop. it ain’t all about luck. move the masses !!
you donkeys realize it does not even need to get to a cent for you guys to be rich right.
diamond hands 4 lyfe
stop referring to doge every time you talk about it... and doge killer has negativity behind it, unlike do only good everyday...so yes, get as far away from that as possible
you guys know vitalik donated his shib about an hour ago to india, correct?
nice speech. just joined today
i like that. safemoon is btc and shiba is eth.
100% do not like the "doge killer" name. that alone will keep some away.
how do i buy it? the miner fees via coinbase wallet are way too high.
100% agree on the doge killer thing, that was a bad thing to get started, i usually stay away from anything referred to as a “(insert brand) killer”. it’s a bad look and turns people off. anyway, i’m keeping mine, i do regret not selling and then rebuying, that was a missed opportunity for a quit profit.
yes! i posted something similar without even seeing this first...proving we are on the same page here. rebrand please. we are not doge killers . we are doge army. i bought before reading the website. my first shib was a moms day gift. went up 300%, but i saw people selling doge and posting here and i was like 🤬. loyalty keeps community coins going. we can’t establish ourselves on thisloyalty. that is not the way
to the uranus!!! 🚀
i just bought 7,000,000 shares! to the moooon! 🚀🌕
yeah guys, i mean it doesn’t hurt to put money into something that is literally one one hundred thousands of a penny. think about it guys, if more people know about it, it will go up eventually however, calling it the doge killer is basically like insulting the doge investors lol. we need to all come together as a community and join to make this a reality.
how long till shiba hits ,000?
yeah stop that shit of “doge killer”, i’m investing on doge too. imagine some people are emotionally attached to doge and if you tell them that it’s insulting and will less not believe in this coin .
just bought 7mil coins. officially my retirement plan legggooooo
the doge killer name is stupid, i love both doge and shiba, and their communities 🥰 we should be together and not fighting
bought 500m at .20 cuz im monke
i hold both doge and shib. shibes around the blockchain, unite !!!
holding 30mil shib!!!! to the moon!!!
i have two billion of shiba !!! holding to the moon
💯shib does not even exist without doge!!we should take a page out of the doge community's book and focus on the goodness of our project and not be thistracted by the unfortunate & wrong-minded marketing of shib as a "dogekiller".we are dogelovers!! it's not a competition between the two but rather an inclusion of shib. i'm hodling both doge & shib!!
that's only for those who have no clue what ! even my wife loved the idea of ! \
you are not early at .05
bro did you really just call yourself a early investor at 5 cents hahahah stfu your opinion makes this look sus. lmao maybe don’t say that in public 😂😂😂🤡
i've got 32m shib. i do not have a good feeling about this. i believe it is been pumped and dumped. soon to be worthless
so many kids having no clue... really "this ethereum guy". my god you are full of shit
community coins to the moon.
doge's serial killer, psychopathic angry and hateful brother
yeah i do not understand the influx of *edgy* teens borrowing their parents money to buy a shitcoin and say its a "doge killer" all these kids have done is consistently mess with the market and opportunities. happened with doge for a while and still does, happened with shib, happened with gme, it just goes on and on. really, there needs to be better verification to prevent teens from buying things they barely understand or have the money for.
buy the dip bois
where can i purchase
i have 6 million shibas and i'm waiting for the pump anytime soon i hope
best place to buy shiba inu coin?
attacking another crypto is very barry stilbert of people. "dogecoin killer?" sounds like a kid in 9th grade got upset that they did not buy in doge low enough and decided to coin that phrase.
i completely agree with you on everything that you stated above. i’ve been into dogecoin since it was .02. i knew it was going to be a bumpy ride. it has been very good to me three different times just in the past five months. i believe in it and i still think it has legs. as far as shiba inu,this is just the beginning. we have to build this our selves. it’s tough to predict what something can do forever. if there is value in any type of crypto as we see it has been in the past and more companies(crypto) it will become the way of the norm. if you truly believe in something you’ll let more people know about it. everything tends to follow bitcoin and ethereum. all the others will follow suit. a lot of people are blaming elon for every type of movement. he does have an enormous amount of influence. crypto is and has been volatile since the beginning. these huge plunges we are seeing are mainly based on job reports, inflation rates and fear of interest rates rising. the latter will definitely happen. just be aware that going into this, only buy what you can afford to lose. then if , take out your initial investment. then let the rest ride. if you want to do the dca that would be ok as well. just be careful and be aware of your coming and going‘s in a ledger. that way you can realize your profits along the way. *this is not financial advice.
hi can someone please share what platform i can find shibainucoin?
vb didn’t buy shiba he was given 50% we made him rich haha. now he doesn’t have to pay taxes for the next 10 years+
just upped my holdings to 50 million. to the moon baby!
just got into the shib market today figured why not i can help get this one running hopefully
if they want to help fund india, then take the price to the moon so those coins are worth billions instead of 1 billion. this is an opportunity where the entire world can profit from.
i have both. gotta diversify your bonds: wutang financial
the “woof paper” says it’s the doge killer
dogecoin = mario shiba inu = wario
early .05 was like april so kind of late. but people shouldn’t worry about the crash this early in shib.
anyone here use bitsmart to purchase, doge, akita? and any other crypto coins? just wondering what their experience and how they feel about bitsmart.
we can refer it to it as doge’s brother or friend👍🏻
30 million strong. hold and forget for a year or so :>
yesssss definitely true, i like meme crypto, i think people will more understand and will like it more and more and more 🤩🤩🤩
doge was at 40 cents and i sold it to buy back in at 35... smh ...i changed my limit order back to 40 to buy back in .i fucked up smh lol ...least i got a lot more shiba tho
this was extremely well said and i agree 100%. this is definitely a long term ride and i’m here for it, like enigma said, this is a community!!!
i'm also a nickeler. i've also grabbed on the dips. i've hodl the whole time. we've been on an extended mother's day sale for us veterans. if you bought at .70, by buying more you can lower that cost line without the thiscounted rate on these dips. the way this rises is when there is less sellers than buyers. there's massive dumps of millions of coins that force us to rebuy the difference. the panic sellers are the worst. they literally want to be a millionaire without a risk or patience. you want to make this thing hit the moon? fuel it up. also, we can all walk and chew gum, i'm invested in both doge and shib because they both have potential to break loose.
totally agree whit this op. i made the ride too with doge. it was not always up. a lot of panic sellers on our way. i understand emotions, i had them too. but 1 shiba inu = 1 siba inu(we used to say 1 doge = 1 doge when it dipped), fuck money, crypto is the future right? furthermore, doge little brother sounds better 🙏 not a financial advise, but this moment has a lot of opportunities, it’s probably sale time! if you believe shiba inu will make it, now is the time to buy a lot for a very good price! this vitalik guy made the move, so what? better now than later, the whole crypto market is down right know, don’t panic, it will be rise, trust me🤩
just bought under 10mil shiba. 10mil usd in future? not much but i like lambos
holding 4.2m shib. going to buy more. hold!
i bought in 40 bucks last night - currently hodl 2 mill to the moon. let’s do this frendz!
i own both and i’m very happy with both
agree with that - it shouldn’t be labelled as ‘doge killer’ it should encourage doge hodlers to get onto it as well - especially the ones making profit on doge
i just bought .com. bought to hold. let’s see what happens. this might be my retirement plan right here 🤞🏾🤞🏾🤞🏾🚀🚀🌙🌙
just bought more now very cheap
meme coins will never die. and pretty sure shib wont also. anyway did anyone see this shiba ?it's gaining some traction with people.
price going to be tanked more he will sell all of his holding, he does not want to be associated himslef with a pump and dump meme coin
i'm very confident i'm not going to become a millionaire through shiba. better odds than buying a lottery ticket + we can hype up the community . to the moon guys!
i'm not worried a bit. meme coins season 2 is coming and it is the best time to get shiba , shiba's cousin before the coming pump.
i already took all my profit and moved to the next one. .
there is no crash only a slight dip , cam the f… down and buy🥃
thats true. dont use "dogekiller" anymore. lets growing together bois.
my shib investment is literally my lottery ticket. going to make the marketing value of being a shib millionaire exceed my cost.
early investor? i thought you were gonna say you bought doge in 2016
working together beats a divide any day
i hate the term "doge killer".
i have 87 mill shibs i am not selling a share wait til 3-5 yrs
already going back up again boys
i sold my doge too early, guess what, not going to make same mistakes in life.
but, there is no merit to shib? it is literally an experimental token. there is a difference between a shitcoin and a shitcoin with actual business model
fuck the “doge coin” moniker
so i wanted to open crypto. com account and a fellow reddit member offered a link to join. they get 25 and i get 25 for referral. i figured why not , i was joining any way , why not help someone else. well soon after completing my account i got 25 in my account. so i ask you to please do same for me. if you want to open crypto . com account please consider using my referral link. i bought shiba inu. thank you
went to the doc today because my hands felt heavy and thought something was wrong but he told me i’m fine it’s just that...my hands are diamonds 💎💎💎💎💎💎💎💎💎🔥🔥🔥🔥
this is the way, down
i lost about 1.005 i will make a nice lil profit. be happy with a .01 and of course i am aiming for .50 or higher before i would sell the farm.
dogecoin has absolutely reached the price it has because of elon musk tweets. yes it is community driven by people that waited for and listened to his every tweet. 😒
completely unnecessary. should’ve been a mutually beneficial partnership if anything.
i thought that too and now it is tied to a charity. doge was making regular people money. to me it was a bad look. it was also a gamble like the rest of it so i'm not selling.
i just bought 1 mill... its like a trip to mcds. the potential benefits far outweigh the loss
this is completely true and i am pondering whether to invest, but for real can you tell about any of the fundamentals behind that coin (serious question) i am looking through the sub and cannot find a lot of info.
i hodl xx in gme, this dip is just room for more tasty tendies!
you’re on track for andromeda
it’s crazy, i dropped
105million here. welcome cadet.
nice, i’ve increased my position from 5mil today to 35.4mil now. edit: crypto.com bud. sorry for delay!
lol i have about half as yours but i paid 600 😅
im gonna gamble , and any profit will be shibacoin
i have been secretly living in your car trunk and i am not selling
i’m secretly living in your sack and i’m not selling
i’ve been secretly living at your girls house , that’s why your in the car. not enough room for both us doge
that's good because it will never get there. that would put the market valuation in the trillions
it's a good thing.
im not a cat
most of us paid the high miner fees
i dont think you understand what's going on, but you do not need to worry. a lot of shib was donated recently.
hmmm...sounds like something an “edgy” teen would say
nah shiba to the moon
other people may have a different method but this is what do. i live in the us, so i’m not sure if this works elsewhere. i bought ethereum through coinbase, i then moved that ethereum to my coinbase wallet (separate app from coinbase. can be found in apple app store). after that transfer to the coinbase wallet, you can do a swap and through uniswap in the unipro app( also in apple app store). there will be miner fees for the swap just so you’re aware. lastly, i had to turn my vpn off in order to do the swap in unipro, it wouldn’t allow the swap with it on. hope that helps you or anyone reading. enjoy the ride. *you can also do a trade directly through coinbase wallet; however, those fees were high.
sounds like me 🤦‍♂️
if you did that ur one crazy mofo
those fees pretty nice eh?
yeah i dropped 17ish on 300k. if it all thisappears, so what? it's like a bought a game, except it is an investment that could explode in growth. either i forget where i put 17 bucks or i get a few dozen thousand back lmao
it dipped and i bought an extra 2.5 million coins, holding to i get a million dollars back! 💎
where did you buy it? im in the us and it is not available on binance us
i dropped ,000,000 shiba. up
how do i buy??? i want to so bad
i now have 300usd in shiba. about 15,000,000 shares of coin. 🚀🚀🚀
so you're the one thats been taking small amounts of my ammo 🥺
i have been secretly living in your space tire well in the truck of your car and i’m not selling! ps this tire is flat af, might wanna get that checked.
i'm secretly loving in your stomach an im not selling
ive been sleeping in your bed, because you have not been home in 8 years. your mom makes the best cookies.
i’ve been sneaking in when your away and using the bathroom
so you're whose been eating all my sperm 😔
i dont have a girl 🥺 cant afford one
i understand about the donation. it's nice way to end it. you win some and you lose some. but this one is a loser sorry
bought doge at .06 also i'm almost 30.
why not but directly on crypto.com?
just sold my doge and put it in amc .i'll worry bout crypto again after the squeeze .
lets hope lol. i just bought another mill for
i’m in fl and i bought shib on crypto.com
do you have access to coinspot?
i bought mine on crypto.com app
i'm relatively new to the game and have been using gate.io
i bought on crypto.com use my referral link to sign up for crypto.com and we both get :)
oh that was ammo? now that explains why they tasted so bad.
but are you selling?
nah, exit sign is right there. seems to have many of my friends leaving everyday
i am secretly living in the glovebox, i ain’t selling either 😎 kinda hot in here
but you got money to keep your phone on and excess cash to buy crypto!?! no wonder...priorities
so you're saying the donation is worthless right? i do not understand why everyone has that same logic. what's the point in making the donation if you think it will be worthless. even the recipient of the donation said they will slowly use it as to protect the community.
because it limits your purchase with this particular coin and what i currently do there is no limit. again, this is just what i do, not saying it’s the best way, just my way. cheers!
nope i will look into it thanks
hi on okex, i'm dad! :)
dont use gate.io they are known for scamming money
are there massive fees on it?
it should not have tasted so bad. maybe you got into my ligma?
im not hodling, but i will be after my roobet stint.
with these gas prices i cant be running the a🚀
yea id rather make money then spend it on someone else. also rent here is unbelievable. im just saving up to move outta california and enjoy life.
i hope it works out mate
0 fees for the first 30 days
i paid 2% fee since i pay using my card. i didn’t want to add any personal bank info...
i'm putting in 10k
i dumped ’m hoping my life will change!
i bought in may around the previous ath then it took a nice dip. stayed that way for months and then this happened. all i’m saying is just be patient.
that's how the market works. you really need to be able to put stress aside. dips are an opportunity. a crash is your all in. all that matters is building those numbers up to sit on until its big time.
hodling for a year at least! if i lose what i’ve invested, i’ll lose. i’ve wasted more on fast food the past month than what i’ll lose in shib.
is this the new doge now?? lol
fuck if the whales wanna sell, do it price drops amd than buy again...good for us small fish and than good for them, as they just buy again and price goes up
think about it, it is still under 1 cent! still time to fill the bag
i was talking to my family today about it and they do not want to invest money into shiba. so i told them to join coinbase and convert all the free coins to shiba. worked like a charm.
just used my free 25 dollars from coinbase to buy more shib
why are you guys panicking?? lol you need to be zen mode... relax... hold for years not just days ... 💎🙌
just got 2m extra shib bringing me to 317m.
i have only .0000278 and if it hits a .01 even 03 it would be life-changing to where i would be able to have a lot more options to invest and grow into have a better life
tbh at the rate it went up yesterday we should have all expected a major dip
those who sold just manufactured a new regret for themselves.
fuck me bought again at 88 last night and woke up to these dips lol
do not put anything in you cannot afford to lose... but yes put your savings in... everyone buy and hodl 🤷‍♂️
i just converted all my eth to shiba!!!
is anyone here well educated on crypto and markets in general, i’m pretty much new and know not a lot, i have investments and have invested enough into shib (obviously 🐕) i was wondering if anyone could help me a little more with certain things
does it matter what any of us think?
can you make money by small investments?
i've been telling everybody at work and they are all excited and are about to buy in
just had a friend put 500 in a few hours ago
ada is pissing me off lately, been tempted to swap for shib
cannot sleep is fucking right lol
cointracker shows my shib at .0001, that means it has officially dropped a zero right? :)
ya know, i really love this community. got a shib ton of homies. we shit on paperhands. but all in all, the camaraderie is great tho.
new investors. you cannot know when, so put in a good chunk of your thisposable, trickle in here and there on smaller dips. but hold enough to pump into a big dip. it is not a definite event. but be prepared for it.
we doubled in 24 hours of course people will sell
crypto is not the quick buck wave some of you newer guys think it is. the guys you see here with the big profits have been siting on shiba for ages waiting for this event but a few lucky individuals.
just put in another 300 right now!
holding and buying the dips are the best thing we can do as a community. also tell your friends about shib…awards for you….
bought 4 million an hour ago at its peak. let’s goooooo
just bought another 1.05mil. 83usd doesn’t travel as far as it once did. just doing my part
was looking at my first … 24mil shib! that wasn’t long ago
doge suffered from an unlimited supply, shib is different in every way
shiba to the moon 🚀🚀🚀🚀🚀
just bought more. holding at 2.8 mil 👌😩💎
buy buy my diamond hands!! we need to bounce back quick to avoid more panic!!!!!
next goal, top 5 criptocurrency 😎
i predict it will pick steam back up at 10-11 am est
steam will be coming back once everyone in the us is awake again
tighten your seatbelt we going to ...
show my dr brother i’m not a freakin loser
and show up to thanks giving in a mother frigginn lammmmbooo
i only have 750k shiba but this is still so exciting
just bought another 20mil! go baby! 🚀
bought 1200.00 is now worth 7k holding for mad gains!!!!
should make beetlejuice our ceo
if just keeps ripping
i work in hvac...selling 48" cooling fans like crazy for crypto centers
just bought more!! hodling!!
just bought 5 mil
boys i have a shiba addiction
i’ve bought so much
if only shiba was a person🤤🤤
just added 1 mil
.1 is the target
the general public still sees it as inexpensive to get a good bag. if you could have bought doge at this price just think
everyone it is time buy shiba!!!
i just bought another million and green right away
indeeeeeed buy buy buy buy folks!
so hold and just buy more at the dip, thnks
how much would 5mil be worth at ?
when do y’all think shib will hit .0001? .001?
this could be life changing money for me…i can’t sleep! let’s go!
i have 409,094 could that still be good?
u,000 could i profit off of that
staythick you’re up about 22-24k? that’s nice cool bro
holding! i refuse to sell!! 💎
i’m telling more and more about
200 more into it!
held with diamond balls!
its creeping towards a stable 8500
time to drop another zero overnight
i have been watching the trade market on [binance.us]( it is really consolidating right now
i have the tv on but my eyes are stuck on this coin
with doge*’s next step, shiba to the moon!
staking 203 million on crypto.com
you be like this big money
you be get this
shib partnered with nowpayments to process transactions. they will burn a percentage of shib with every transaction
there is no dip i bought in at 16 and 20 i honestly doubt it will ever get that low again
don’t sell them with lose believe me i lost a lot before
i hope doge hodlers and shib hodlers get in a pissing match of the best meme coin and we all get rich!
we are eliminating a zero soon
just hold buy what you can afford to lose. whales are selling shit happens
i have 14 mill and my dad has 23 mill. we’re holding!!!
???????? i would be happy with .10
don’t do it luoliyuan
ummm was is the circuiting supply at 590 trillion it was just at 395 trillion
i say there is a lot of panic selling lol weak people
another 100 millions, shiba to steadily. steadfast shibs.
.03 would make my investment up to ,378 that would be amazing :)
however, i see this dipping a little longer, just bide your time, wait for it to level out a bit and jump back in
it will go up tomorrow as its payday for most people and everybody will be buying.
bought 300 right now
just encouraged a pal to invest at least a 100 hodl until gold, bois
this is healthy and normal. zoom out and see where we were. no need to panic. panic breeds more panic, diamond hands hold for life improving gains. we are not even close to done!! several big things coming in our near future! shibarmy!!!
bought . up to 20,720,248
predicting we hit 9 around 11-12 then lose a 0 at 2-3
hell yeah buy and hit the moon blast off
i transferred all my useless coins into shiba before they crashed lololol
i’m ready to frigging go my dudes!!!!
dump a 1000 in it yesterday morning
just got another 11mil
let us go people we got 834k hodl and most are getting paid biweekly so do your part and make it steady like i am
this will probably go down hard throughout the day
just bought some more, went from my 7.4m to 10m
i still don’t understand why there’s suddenly more in circulation. am i retarded?
i love this community one for all, all for one go shib to jupiter and beyond let us go army
the run was up to xxxx.89 people sold there big fish and got the profit got rich and keep bs others to buy buy is not going to go more. is settled at xxxx.59-xxxxx.6700 with high chances to drop back to .2800 like dodge did after the run to 0.75
i need .02610787 shiba price and i’ll be a millionaire. i own 38 million + and i have , ,000 left on the house and need ,000 to turn the garage into an efficiency. when 28 million equals ’m pulling and leaving the 10 million in until i die
anyone else feeling we've been plateauing for the last 6 hrs and the big whales might pull out soon?
safemoon will list shib on their exchange. shib not going anywhere. don’t be surprised if you here big names shout it out until past new years
is the hype dead ? we need that robin hood announcment
how fast does it need to up? bitcoin took years...cannot make your nut in a day
holding as a mofo
and buying as soon as you can
does anyone see it dropping soon? maybe before a big ris
you should sell, that will ensure it rises
the drop in stablecoin right now is usually a sign things are overheating
why will selling ensure it rises?
buy 2mil, burn 1
natural gas, propane, gasoline
i work in the energy industry... its ugly
we are .2 from moving up to next decimal...3 more to go
i’m not trying to leach or ask someone to help me make money, just help me learn more 🤓
gogo burn one 0 today goooo !!!!
push buy and hold !!
don’t want to list too many but there’s a lot i want to learn
make a viral tik tok about it
it will hit 0.01 soon but i want .00
i will be rich soon
eat that zero (low creepy voice)... eat it...
to the moon and beyond!
i’m ready for the 90s
let’s be real, is 1 cent realistic?
better get your prayer rug out
also will we see a crash in the next few days?
what’s a realistic range for shib
if you guys aren’t exploring the other tokens tied in with shibaswap rewards, you’re probably missing out on some other good runners! i personally like ryoshis vision. grateful to have gotten into it before it just got pulled up 400% in the last 30 days. thank you shiba 😁🙏🏻💯🚀
should i try and sell before a dip and then buy the dip? or just hold? i’m new to crypto
i put only about .00002, more than doubled at this point. wishing i had put more in. at 2 million shares now, praying this isn’t a crap shoot
i cannot think of any coin besides xrp that coinbase has delisted, and what convinced them to list shib with it is extremely low value... that have to know something the public does not
it could tank at any time if whales pull out, it could moon beyond .01 if bitcoin whales migrate to shiba, whooo fucking knows man, have a strategy, don’t fucking go all in thinking you’ll be a multimillionaire in a month, you never know with crypto. no one does
all i know is that before you could see the price now it won’t come up unless you click on shiba
oh i see so 30 is nothing?
i think we've tapped out for the day
hopefully morning brings a surprise
who is using crypto.com???
can it still keep going up yall think
hopefully this isn’t just a big pipe dream. either way it’s been fun and we’ve already made decent gains. see y’all in the morning 🌝 🚀
it is almost agonizing after seeing a rally all day and then a plateau for 3+ hours
couldn’t agree more! the moment i bought shiba back in may all it did was lose value…until last week
y’all are stronger than i’ll ever be sheesh u
i do not know if any of you guys have checked in on the doge pages but man are they salty
i also do think doge will rally again, but it is going to be a moon and dip in a day
shibainu kishuinu hanzoinu and safemoon 💎💎💎💎
yes, i be like leash. you be good dog.
leash has been a rollercoaster for 2 months,
do i let it rip? i’m already balls deep in amc so why not extra tendies?
100 every paycheck it is. let us goooooo
i use to work at best buy 12 years ago and this crazy fucker came in and said the stock market is rigged, you gotta check out this bitcoin... he sounded like an old 'get off my lawn' man... if only i could visit with him a gain
have over 11million for a cost of about 700 up 300
it is finna break
coinbase tracking at 8800
add 100s, money will tripple
shaving off another zero by dawn 🚀💎🙌🏽
by midnight at the current rate(i am central time)
it went past 8880
shib army on the move to the moon!
west coast folks must be buying up their shibs after worki...ehh... after waking up from their nap
passed dogecoin, world exchange!
.00008 and hodling steady
00009 has a wall
man the next 2 months of work are going to be big for the wallet but bad for the viewing -\_-
just got home from work, went all shift not looking til i got home and seen i was up 700'm so fucking pumped right now
hold the line, buy at the dips
10,000 doge produced a minute…
how many shiba burned a minute? ;)
so any actual reason for pumping so high today? or everyone just jumping in?
.00009 come on shib burn that 0
680 news toronto was even talking shib in the business report
like... 1 cigarette? them fucking things will make you poor
i've been chain smoking for the past hour
rip to my lungs
damn, trades are trending down
small dip for now
i mean it’s not cigarettes but i got thyroid cancer from drinking to much mtn dew code red because of the red dye 40 they used in the previous formula
i have a month left and i’m so done with this shot i’m really hoping this blows up
gg i was navy 3923 is
it’s all good! just living my life taking risks and letting me rip!
actually been 6 years cancer free as of last month
what symptoms did you have
shiba army is what unites us
i gained about 110 lbs in a 1.5 period. i thought it was due to poor eating habits and drinking a ton. then i started getting excessively tired like sleeping 12-14hr days, skipping classes in college etc.
it wasn’t till i downed a bottle of jager one night at a party, fell off a barstool, and smashed my head into a wall till i found all the tumors in my neck.
my cousin has 2 years to live, and i want to make it a memorable one for him, his parents and sisters, and fiancé he's the only family member that has said to me in person with full emotions that i'm his favorite cousin and how much he will miss me
srsly... this feels like the days of my youth... 1990s altavista chat rooms
how many people bought today?
havent bought a coin since sunday and if ada does not fix its shit soon, its going to shib
if i buy more it will start an argument with the misses
i bought 40k moon
all my friends dumped their ada into shib today
and by friends, like 3 people lol
i thought about it
i just bought in
shib holders of ut wya?
said fuck it, got nothing to lose
euro we talk or coin
this and fan duel
i'm in ut atm
6,250,000 total! plan on buying more
euro, asia and middle east waking up, let us goooo
1,167,000 here gonna buy more later
hodling 50 mil til the moon! 💎🙌
go to bank with a fake docu. i put all in
no where to go but up. bought a million more🤌
i orig bought at ath in april, kept buying 20
172 million here hodl
i have a question...should i buy as stake or should i buy it as crypto earn?
got work bonus of 3k coming in friday, all goin to shib
i have 53 million. was planning on adding more but it just keeps bloody going!
put all your money i hope for you also
he lives in ny can't use the app
are we dropping a zero tonight!
i bought . should i buy more or just keep what i have? because i know sooner or later the hype will die down
today taycan buying paid from shiba
when can we get rid of one zero!?
does anybody know anything about crypto earn ? in the app crypto.com
buy more. i put alot of my savings in it.
my savings is this crypto, and it is growing, without me doing much.
3 months before i go to bank and borrow 50k euro. i had nothing only shit now i smile. go for it also
fake docu is easy money is free everywhere don’t be a donkey
how much longer do yall think this hype?
is crypto sometimes there a golden eggs
community is sick that’s the shit
are long as we hold and embrace the whale
i have 13 mil.
4 days before men you missed a smal piece
don’t be afraid if he go downs
i wonder if we will turn a 0 this week :)
all our money, lol, would not be able to.pay bills, and ot unless. i.put it in, and then take a percent from the profits.
wait and you smile
yeah we still got 4 0's
just bought another 1m
whats the price expectancy for tonight
till the moon 🌙
why isnt that a thing
00.00009256 but you understand
let’s infiltrate the doge subreddit and start a war of meme coins
let us all get rich together ❤
it is smart to hold both doge and shib
is also golden egg and cheap
what wallet is everyone hodling in?
waiting for my rig to pay me,to put another 400€
there is a lot of " i wish i bought more" lol
what’s gooooood bought 45m worth earlier today
just got more shib. cause, why not
starting to sound like we got a lot of converters from doge here
we must respect every crypto and their communities
i hold 75k doge
doge has a great army on reddit. must respect
fuck it...bought another 20m
but if we rally doge hodlers to try to overtake the meme market cap leader we all get rich. friendly competition
i had 7m shib sold half should i rebuy?
shib is going surpass solana wow
why the increase in supply?
the price went up a little
🎶look, mama, i made it to forbes!🎶🚀🚀
the whales will sell soon be carful only buy what you want to lose.
we should push for .01 by 🎄 xmas
price is going up baby 🙌🏽🙌🏽
don’t we need to burn some thou?
who has the biggest holding?! let’s drop the numbers
i have 500,000 shiba coins now, should i buy more?
30 mil shares and holding to the moon 🚀🚀🚀🚀
you guys are risky lmao
buy more during this small dip
bought at 6zeros and change.
definitely buy a bit here and there when you can
should we be worried?
too late, first timer here and bought !!!
50 mil shares and holding
should i buy 500,000 more?
just sit on it. this gonna be the best day of our lives.
any one know why circulating supply has increased for shiba
i’ll have 1mil shares, i’m a bit afraid to buy more
buy what you are willing to lose
i did 100, then 100, then 1000…. gonna hold that shizzzznit
wouldn’t worry lol it was at .000065 earlier and now look at it
i ain’t sellling nothing!!!! one day, one day, not sure when but one day
the dip? nobody knows when. it’s good to take out your initial investment rather than be greedily waiting for it to hit . reward yourself for it falls like it rises folks. shibaarmy 🚀 🚀🚀
i have 67 million and holding its all good
circulating supply has increased ...who is putting more shibas in circulation
7m today. will hold.
these dips happen from time to time. it eventually crawls back up. whales selling shouldn’t make you think it’s going to crash
marketing cab that’s the thing
this is the dip?
is dropping at this minute 🥺🥺😱😱🥺🥺
true circulating supply has increased thats no good
market cap is pretty good as of now.
it’s being steady now can we relax?
how does it get burned?
wait... what does it mean that the circuiting supply is now way higher!?
can someone link that? how does it work?
going to bed. wake up 🆙 🔝
just bought 10 mil units
big green candles incoming
why do all the burning if it’s 590 tril now
how is this any different from gambling?
bought 600k waiting til pay day buying more !!
dip b4 the rip
they did not add more it is a glitch
lol, at least with most gambling, your odds can be altered depending on the individuals' knowledge. this is just pure gamble based on hopeless dreams that you can be a milionaire overnight??
did the same with my 50euros i had left over. bought at dip
what's that sell off to 72 ?
i'm trying to figure out why you would add more to the circulating supply what's the game plan is it to produce a bunch of coins then stop so it can all be dumped and lower this value which increases the value of the coin?
i just sold and bought in again
do you guys think it will go up again tmr?
what’s the ideal platform to purchase shiba?
just another daily 150
will it go back up?!
just got 1m in shib
just bought 7m lets go
should i buy more ?
everyone says so but theres always risk
bought about 8m today. 70m total over the last 2 weeks.
i just bought 100 m
buy buy buy. 12 mil let us go
iam buying one billion more
need to make it reach 0.01$
just bought !! it dip some and i wanted to catch it
just gives an opportunity to buy more
the hype isn’t dead. the circulating number of tokens increased
i know... i do not know. do you guys remember when dogecoin reached 75 cents?
and now it is .25 and has not gone up
and shiba is burning coins. it’s a slow burn but they are doing it
wouldn’t it b nice to eat another 0 🙏🤯
why do people panic when it goes down?, chill guys people have sell orders then they wait for people to panic sell, then they buy your coin at reduced price, do not panic sell!!!
it’s going up and down within seconds same with doge right now wtf r planets aligning tonight or something 🌏
just relax. shib is gone turn up like you after you listen to my new tape!
ok shiba not on sale anymore 🤣
fuck coinbase !! can’t even cancel my order . just holding my money . wtf !!!!
hold now wine and dine yourself later as a king or a queen 👑
fax spread the word this is the wayyy
shiba to the f moon
i bought the dip at the perfect time 😎
will it go up today
definitely, i expect it will hover around 5000-7000 all day
where the fuck did another did another 195t come from
holding 36 mill 🪙 🌝
how confident are we boys
holding 18.5 milli watching it go up and down on break
last night i thought this was it and traded my winnings to another coin. this morning it went even higher and my dumb ass switched back and bought more. lost like a hundred in that panic. now it would seem my initial sell was a good idea but f it.
i'll hold to the bitter end now.
we are so much stronger than they could ever imagine! hold strong shib men & women!!
holding 7mil, let us see that moon 🌜🌒
waiting for that .00006000
scooped up more at .000059’ish. may scalp a bit over the next few hours depending on the volatility of these dips — plus who knows what asia may do now that they’re just waking up.
been buying n holding, dont panic sell, we're gonna get this to at least 1 cent soon🚀
what is anticipated increase when rh lists shiba?
dont panic sell, you dont want to be that guy that missed out!!!
will robinhood list shiba? what are the chances of it happening
robinhood is going to list 1000%
will shiba reach 0.01 in 2022 may
just grabbed a 7.5 million more token at this rate reduced sales price!! hodl'ing with my 150 million and adding more!!
just bought another 10 million!!! fuck it!
stop buying, i want to buy more at sales price 😀
just bought another 3 millions, keep buying and hold
when is robinhood listing it?
where can i buy it? some info please
i’ve bought every single dip so far but of course once at this dip can’t afford to anymore, so i’m just holding!!!!
and i’ll keep buying more but that gives me the ability to take another mortgage out and use it to buy my mom and brothers houses
is it too late to put my life savings into it?
bought 70 million and i have to pause a bit. buy and hodl! shib is a lottery we have some control over
buy was at 012... so top gains up to 100.000k by end of the year!
with all the burning going on we should be looking good
i am holding 100 million
the rsi for shib is in overbought territory. it will flatten out at a much higher low and then climb from there. it’s still going to be good for us.
man i wish i could put in buy
you can’t keep buying if the supply is low on said crypto apps let the numbers level out then pump it back up
that’s good. shiba is great and climbing. i would suggest diversity. i like to look on coinbase to see the growth rate vs the market growth rate.
guys i just want you to let you know you guys are family, only family grinds this hard to get paid, damn i sound like vin diesel 🤣🤣🤣
shiba has found new fame. the value of the coin will have to catch up to its new brand positioning. shiba is new, shiba is crazy, shiba is a rebel coin and in shiba we trust (no puns)...i say ten cents in the next two years. so buy and be patient.
i have more then enough shibs, for me there is a limit and like to have more assets to eliminate risks…
im with you johnny, looking for that dime!!
so excited to be involved with this and i’m feeling love for all you assholes!
holding 80,000,000. ill sell all but 1 mil at a penny and sell that mil at a dollar lol
how are these burnt?
we are one we are many...shibism is real
i have 26 million shib am i gonna make it guys
agreed, panic sells, people who made their quick buck and are ready to nope out, etc
poor shibs…looking like that fifth zero is coming back. nice little run but i think this pulling way back
just bought 2.5m at the dip hodl hodl hodl
waiting for bigger dips
it would not go back, its stabilizing after yesterdays stupid climb 😀 its gonna be even stupider next week
it's natural for there to be a correction after a run like that
it better be stabilizing! if it dips to something like 0.00002130 i'm going to have a heart attack 💔
we are back on the climb
it did not hit my set price to sell, haha
lmao .01 is my set price
.01 ? so many people have there bar set so low . i have bigger expectations and the sooner those paper hands tear and exit the game the better my future looks . hodl
i’m in . i love them
the run was from .000005 to .000089
nothing's over. things nice with buying pressure i bought 4 more mill
bought 250 mil more ! get them while you can
it’s over for now…wait for it to hit rock bottom...then invest after musk takes a pic of his dog
this is not doge coin. shib has a limit. 1 quad.
keep buying. don't let the profit takers drop us too low.
cant just keep going up endlessly. it needs to consolidate. the rsi is high af
just bought 20 mil more 💪🏻
i have 1.4m rn.
do you really think it’s going to jump? i only have 1.2 million worth lol
i know nothing about it all i know is i’m holding
to mars! others can aim for the moon - but we should set our sights on mars!
show us how much more your buyithen we'll all buy more too
butterscotch couldn’t be more wrong!
tomorrow is payday and i have been buying every time! this is the way!
price will drop and correct
there were obvious problems yesterday beyond what most saw id like to know why multi trillions were sold causing three exchanges to halt orders and freak out.massive sells not just scardy pants. i'm holding and not forcasting months of waiting
absolutely. i'm at 350 mil. would not stop buying. there might be something wrong with me...
hi people i have been having trouble to recovery my whole coinbase wallet after apple update. what’s can i do
all my coinbase wallet went zero after apple update and recovery phrase. please does anyone knows way out.
it should be saved to your icloud keychain
that sounds almost on the border of collusion. i'm taking this as a suggestion seeing as i've already invested. lmao
i got about 11 mil tokens right now. really wish i wouldve went harder into it, but oh well
let do it buy buy buy buy and hold! !
let us go shiba army! 🚀🚀🚀🚀🚀🚀🚀💥💥🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
ive learned erc20 tokens usdt i have alot of shib and i have little play shib i buy newer coins wait till they rise then sell to usdt erc20 token then sell that to shib on the dip there is no fee to do this its just hard to understand
i woke up to some nice recovery, i like how it is staying stable now
yeah same. not much down at the minute
good place for the next jump up
any news on robinhood listing ?
just bought another . enough to push this up
the shiba train is over all of yall are bagholders lmfao
mask dick a robinhood investment
we can hold for diamonds
would not go down to much
dips and chips at this party
i panicked and sold my 10m shiba 😐
yo, call me, 5419510542...tell you what to buy...it is on my ownnera website. hvacquick.com...if we can do an in line fan ser up...fan is is that 200 bucks...then it is just a thischarge cap and intake...run around 300 to 375
i’m selling when 0.001
sale everything on monday if not listed in robin hood
havent gone to bed
my plan right here \^
i am waiting for a big dump to add another .
this is the way 💎🙌
buy more take advantage of the dips they are a fleeting moment!
yes, but in a long time
i only put in about 50-60 i’m sitting at about 160 in my shib wallet rn.
yea but of course the gains will be small depending on what you invest. that’s why it’s high risk high profit if it blows up
i have 2.5 m in shiba it’s small but still profitable if it explodes
to mars my guy to mars
hath bought 1200. 00 is anon worth 7k holding f'r nimble-footed gains!!!! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i really need one... i have a bunch of 3070tis mining... it heats up my utility room
cooling the comps ?
no... . 05 not. 01
my guess, from what i read, spring time. april 2022
thither's nay dip i hath bought in at 16 and 20 i in earnest doubt t'll ev'r receiveth yond base again *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
you really think that is gonna happen? that would be insane
i has't 14 mill and mine own father hast 23 mill. we’re holding!!! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
try not to judge dude. there's a lot of newbies on this scene, putting their first investments into this. some probably more than they should too. beyond their means. it can be scary if you're uneducated. gotta keep the positivity up.
idk either, i guess more to buy
when there is more in circulation it means people have bought more. if there was a major sell of it would mean there was a major sell of.
i tend to agree. it was like a mini doge run and everyone wet their pants after seeing what doge did. a day late a dollar short. way better places to throw your cash
nah we good, keep hodling
oh good, i can kind of make myself crazy sitting watching the fucking huge amount of money ive made over the last few weeks. its not just me.
my gut says a big drop is coming, but i gotta tell you im almost always wrong.
no a tremendous amount maybe some consolidating
does this mean it’s potentially going to drop off soon? if so you have any idea when
all coins have been dropping today except shiba and a select others
because usually when people sell thinking its about to free-fall, the price usually goes up because its an unpredictable market
never understood how one burns a coin
short on supply ?!
ask a question i’ll see wat i can answer
are you in the usa?
i would love to. but tiktok is an asian owned company and their country outlawed it.
it is not possible
up. buy, hold , repeat if possible. a rising tide lift all shiba inu coins
if anyone could predict the exact time of the dip... the value of every crypto coin would be exactly 0
just hold on it regardless and buy more at the dip
just buy, then hold, then buy again!
yes it is but it will take time man don’t think that it will go to dollar’s asap
right. hopefully tmrow is a big day tho
i knoweth not if 't be true any of thee guys has't did check in on the doge pages but sir art they salty *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
they been salty for months
i like to think of the next 2 months as an experiment in life... it might just bring some people to the brink
fuck if only xd
i hope so i just loaded up on safemoon
its the new smoking campaign... everyone is doing it
just threw in a dip rip my gums
tell us how you got addicted... those things taste like sauteed raccoon assholes
surprised i do not have cancer then
i would venture to say you could be diabetic
lmao i did too.
it all count trust the shiba
football? or what you doing in fan duel
gotta tell him to get out of that hellhole
yeah do the lessons earn more crypto... it was
got anything else like a 401k? ira?
friday at the latest
circulating supply hast did increase. who is't is putting moo shibas in circulation *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
that’s why we need to burn some
there are some ways... someone posted you could burn thru listening to a music in spotify
burner playlist on spotify i’m doing
download spotify then search shiba burner playlist
not to have too many out there
it is not... 😇
didst the same with mine own 50euros i hadst hath left ov'r. hath bought at dip *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
more didn’t get added. coinmarketcap showed the wrong numbers. for the actual verifiable supply, use etherscan.com . someone was trying to spread fud after our historic rise.
you mine eth and buy shib
it’s shot up into the .30s again….right after i sold my coin to move it out of robinhood
shiba is on sale
best thing about small australian exchanges not enough people to crash them. worst thing is 1 to 2% fees per transaction
easiest place to buy is coinbase at the moment!
i bought on webull in the beginning and coinbase now. i’m a novice crypto guy but webull limits sell orders; at least on shiba, to ,000 or less per order. now i went to coinbase and i was able to randomly buy the dip at .00006-something. it is crap that a lot of platforms crapped out and the rich will always shite on the poor. i love that elon musk made a comment about how crypto isn’t everything because it’s only money and a true company offers goods and services. news flash, shiba is and will be a currency of the world and it will stop being a company then and be considered next to the euro and dollar and pound. nice of elon to say money ain’t shite when he’ll never have to worry about it again.
we are venom... we are shiba!!!
you should have a set price to sell instead of losing it all.
don’t worry there is an unlimited supply
not anymore. 589 trillion
there is….especially when you could be buying stuff that’s worth something.
sign in with user name and password. not recovery phrase
thats weak lol ... be greedy! like the wallstreet hedgefcks are ... why settle for .001? could go for 😎💎🙌
this is called shibalry
how much air do do you need? what is the size if the building?
hvacquick.com been killing that sevtor for 2 years
stupid question. thank you. i will continue to buy and hold until i do not know what to call the number
you know what!? your right! i'm a first time investor as well but i do see what you're saying :) so i'm going to change my comment to do what you think is best for yourself :) i'm going to keep holding to at least a .01 that is my goal :)
i am but i am also seeing a lot of other coins 'on sale' right now and the big boys might feel the same why i am
if you got in before .00005 i think it is a safe bet you would not be losing anything, but gains might be small on the dip
there is almost no prediction on 'when' in cryptocurrency, but my best guess is a slowdown in the next 48 hours and then back to reality for a little while
i’m new in general been trading nearly 3 months or so, these forums have helped me massively tbf, i need to understand more, for example, certain terms i don’t understand. block chain? nodes? why most coins are eth based? along with many other things
a lot of other countries use it though
this is a market of imaginary coins... that is not a good answer
the value of the dollar would be so low if it hit ... a cheeseburger might end up costing
that’s what they said about doge and miners produce ten thousand a minute , with no burn!!
i just put another
well, im down for them to hop on
military life for me lol
they changed the formula like 3-4 years after it’s original run, but i worked at a gas station at the time and got free fountain sodas….i drank a ton
honestly i get tested annually for it because it ran in my family, but my insulin is doing good
everything my brother is sending me money on basketball
i think he is going to eventually
no, i am self employed
lol i bought 100 back in 2020 just looking out for people buying right now it will dip dumbass all coins do no matter how many times they say to the moon 😂
but now they added more soo
tysm! and thank you so much for providing a more accurate website :)
is there a fee when buying?
shib will never be considered that. elon is right. it’s a shitcoin, but a shitcoin that can make us a lot of money. but that’s all it is. in other words, hodl
erase and reset. whales are going to manipulate this like a penny stock
no offense but that sounds like something someone from would say. especially when you mentioned the fifth zero! would encourage 💎🙌🐕!!!!!
shib has a 1quad limit. lol doge is unlimited.
i'm all in at 1. 512 mil to be exact.
was total supply reduced?
that’s why they are buying shib . it’s definitely gonna be more than that old usb jerome powell on joe biden keep printing. that’s gonna cause so much inflammatory pressure on the prices of goods and services that a paycheck will be much , much shorter in my opinion i am not a financial advisor not financial advice
i’m just taking profits at the right time. working on hours shift can’t really risk that much 😂
havent calculated it yet, but the room is 22x12x10
no worries. i thought the same thing and had to do the math when i was curious about it too. 😂🥲
my personal belief is the ones who hold long term are going to have the biggest payout, and they are going to be glad they waited a few years.
definitely won’t see that decimal place again
so if i buy ?
if i remember correctly, that price point would put it above the us dollar
doge made me 3 pay checks on that bounce not complaining
you like living on the edge i see
i do not guess you got any money out of that deal?
no way that happened…
yes a small fee, i bought
i hold both…but i’m not a pumper. .01 shib ain’t happening. realistic price would be .0005
i wish i had the money to get that much but thisability does not pay me anything lmao.
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the longer the energy price crisis drags on, the longer the bull market in crypto, i really do believe
right, the idea is to burn supply to bring the price up; less circulating supply means pressure on demand
crypto and the us dollar have no common interests
hey that’s cigarette money 🚬 🤯
i’m on 24 hour duty just watching this shit all day lol
negative, because the fda didn’t rule the dye as problematic until 5 years after my treatment
i bought in waaay early. back when it was . just glad to here you are on board to the moon!
energy price crisis ? as in mining and electrical price and gasoline ? sorry could you tell me more ?! 😬🙏
not worth to do for a couple million coins. you’ll just lose . burning is for the devs and mega whales.
right, as it stands now, it would take the burning of ,000 worth of shib by every wallet to cut half the supply
shit you want some check on atax
fuck man sorry to hear it
surgery first to remove thyroid, then radioactive iodine. after 6 months found it in my lymph-nodes and did 2nd surgery and chemo following that.
anyone can come on my yacht if they want a ride to the island🛥 🚀
ima get a shiba inu tat on my dick head when we hit .01.
if anyone wants to fly on my personal jet to get to the yacht we’ll take to get to the island is more then welcome to come...!
reduce the float massively and we will be north of .00. it’s not about market cap anymore. new world order of currency. slow and steady🤟👆
count me in, im planning on making a shiba ranch where they can roam freely, and i’ll breed an army of fluffy butted terrors to take over the world.
lets get fuckd up!!!!
oh fuck you're going to make me hit
ayeeee i’m hella down i’m only holding 18 mil but i’m still down to clown
i'll bring the chicken nuggies
captain, permission to come a board
deal! will roll down the stairs from the jet with my snorkel gear already on
i will be flying in via my new gs800 so make sure you have a 8k foot runway setup to accommodate me and my wings
it will be nice to vacation on your island dec 2023
only if i can bring my actual shiba
i wear a 10.5 ring.
right freaking here broski!!!!
buying an island he holds 100 mil
count me in lol
i will dive in to the party island from my space ship named shibanium falcon
yachts will all be name starts with shiba...
i ll finally get a playstation
i walked to the library and whole foods this afternoon and saw a guy in my neighborhood i've never seen before walking a shiba inu! it's a good omen. the crypto gods have sent us a sign!
at a penny i'll have 480,000 bucks. not bad, not great but not bad
can't wait to make fun cocktials in coconuts for everyone on your island
who wants to go half with me and buy costa rica???
i’m a girl. can i come? i’ll even do my part and whip up some fucking sammies.
in the future, these will be considered the "cheap days" where you can buy 1 million for about 30 bucks.
i just want a little part to chill on, mine, grow cannabis and love living with the family!
i don’t think it will ever hit 1 penny
i’m calling bullshit on reaching a penny, but if it does, i’ll comfortably be the brokest guy there!
hell yes! the time is now!
i’ll see you at your island
cool 😎 what should we name our yacht? 🛥
hodl you too this!
can i come in
well i think that’s doable
which part of the hemisphere will it be on? please detail in latitude and loooongtitude.
i can’t wait for the invite
i'll bring so many board games
lol i'm right there with you all.
fuck yeah i’m in
someone wake him up from his wet dream!
someone stole my laptop and while i remembered most of my passwords i couldn’t remember my reddit one. rather than do the ‘forgot my password’ i’m going to look and if my old name posts anything else i’ll track them down. that being said i’m looking forward to hanging out with you in shibathise. can’t dca for a few weeks until i pay off my new laptop, but then i’m back in. thankfully i have enough of a credit limit i didn’t have to liquidate to get back online. i’m up to .45 et eth and 3,200,007.45 shib so if i can keep dca’ing in 10 years i hope to retire.
just reserving my spot.
we all dream hopefully they come true
i will the beers 🍻
if i was not so broke i'd join you boys but with my 9m in shiba i'll be just under 1m if it hits a penny so i'll watch from someone's broadcast. still gonna hold though. diamond hands till we die!!!
i will be your gilligan 😂😂
see you there frens
can i bring my wife’s boyfriend
i’ll bring my pet shiba 😳
i’d be more convinced if you had better grammar.
whatever i will bring chips… lol
i haven’t been to a party in so long!
here's to hoping it happens one day.
wouldn't wanna miss that!
we need to buy a ton of shib dogs and populate the island with them
first let it kill 2 zeros, many island will florish 😂
absolutely but at 1 penny the value of shib will be more than apple, microsoft, google….combined! so i doubt that will happen unless more the half of shib coins are burned or shifted to a black wallet for
penny? i’m looking for that dollar or more but will diamond hand my way there lol.
how many shiba do you currently have?
💎 🙌 see you there. :))
it really sucks that today we made some decent gains only to have it yanked away after 3 hours. this coin is just not gaining mainstream attraction for the long haul. something needs to happen to keep it in the spotlight and keep it there.
sounds awesome! shiba inu army strong! to the moon!
i’ll bring the liquor 🥃 cheers shib fam 🤑🤑💰💰🚀🚀🌒
i will hire bill board in times square for shib ;
sup guy, im in
i'll let you buy an island in my ocean and as a good will also let you row your yatch
i’ll gladly take a party invite.
i am in ...please rsvp
don't miss on runway, we will be needing that too🤣🤣
i’ll pick up anyone needing a lift in the private jet i’ll have, just drop your closest airport in the comments ⬇️
lol why not 👍🏾
unlimited crystal for everyone
70 mil shiba gonna have me living like a 10 day contract nba player
just getting started, but glad to be along for the ride!
i’ll pay for drinks
i guess i’m in!
i will parachute in…look up…😬
not the first or last, soo
wake up, wake up... time to wake up
aslong as it doesn’t resemble jeffery epstein
i’ll get to the island on my personal submarine
hook up the invite! <3
for those afraid of sailing everyone welcome on my submarine to the island!
i'll bring the champagne and cigars🎉
saddle up men we ride at dawn!!!
you may not have enough room for all the mega yachts! 😂🤣
i will see you in parathise fellow my fellow shib astronaut warrior!
i’ll bring da beers. i’ll bring da beers
fashionably late, but still arriving.
i’m holding 2.97 billion! .01 would blow my mind!
name the yacht shibathise :)
cool! see you there!
am in if anyone wants they can come with me will race to the island 🏝️ on jetskis
hell yeah i wanna party on an island with fellow shibs.
party party shiba style 🐾
:( but i have very little shib, please invite me too
i believe. may i please get an invite when the time comes?
i’ll be honest i’m 100% game for that, i just want you to pay for shipping on my lambo that’s vinyl wrapped in shiba’s (all forms, the coin, the actual dog, the meme) to the island. we need a mascot right?
lol count me in
let’s get it !!!🍻
like the name shibadise!!
i'll fly in first class to shibathise, or take a yacht whatevs no biggy
i’ll bring the scotch
you put the lime in the coconut and drink it all up...
i'm down to party.
i’ll bring the ice
you guys better follow through, because i can’t wait for this party!! 🚀🚀
buying shiba myself now. very exciting 👍
hope you buy the island in some warm region.
nice, we can make it the "new" bohemian grove, but for poor people who became rich without fucking over poor people.
can somebody tell me how to start like a live chat or can somebody start one and invite me so i can tell the shit army how we get to a penny for january 1! no bullshit i got an idea that it’s executed correctly absolutely make that a fucking possibility
i would like an invite please.
will you fly me to shibathise? if we make it to .01 i'll live in a laid off house, but i do not make it to millionaire status until we hit .05. do not get to stay in millionaire status unless it tops .10
alrightily yesssssssssssssssssss please count me in please !
commenting for the history books
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you definitely got the right idea
buying more for the invite.
wow, not one person offered to bring the hookers and cocain…. i guess i’ll be that one person. let me know the headcount. let’s goooo!!!
yoo count me in!
i'll play the music...
one ticket to parathise please
count me in =d
eyy less hope huh? 🙏🏾
oh, yes, i will gladly join the party!!
a clubring you say👀👀
i will only come to the island if there are at least shiba inu shaped air beds for floating in the shibathise sea!
aslong as it is not another fyre festival i'm in😆 we can all come in our yachts.
i will buy some fine wine to bring over
the haters will hate themselves when we hit moon 💎✊🏼
i can bring my vinyl and be the dj! lezgoooo!
gonna be a fun!
reserve seats for me guys
yo great idea. i will bring shiba inu dog to the island for the party
am in but i will need space to park my jet🛩
yo i’m coming! 🔥🔥🔥
hell yeaa baby \*me goes to the island\* \*starts seeing people with numbered clothes\* isthatasticker: betting starts at 1 mil
ya boys love this
i want to come but i wont be a shimillionair tho 😭
aw that would be so cool
i will be thereeeee…🚀🚀
nice count me in
teamstee if you know you know
my first thought was "week long party? fuck, i cannot take that much time off work." i forgot i'll be rich too!
diamond necks, diamond hands, all diamonds errywhere. we hodl.
jeffrey? i thought you committed suicide in prison?
im bringing the shidildos 💧
i want to be invited. 😬
i'll bring the blow
iam going to joine the shiba club millionare i will take all of you to round the world by my cruise ship after shiba retch 1$
i want a hammock on that island
ive never bought a coin, are shibainu ? would like to get educated by someone if they got time letting me know...
i would buy a house never mind an island. currently living in a 90s mobile home, no insulation, and winter fast approaching here in ireland. all i want is a house to feel at home in. instead of worrying when i'll get a chest infection from the damp and cold air every morning. that would be nice.
\*not everyone is a boy in this subreddit but count me in on the celebration.
i’m in! holding 1.6 billion. go shiba!
i will be ready for that invitation my friend
i want an island, can less than 3.6 million shiba get a small island?
i will bring an actual shiba and it will be the island pet and everyone will pet him for good luck
the chances of that happening are so low...but...stranger things have happened. i own over 2 million shiba inu so i would not be a millionaire at 0.01 but i will be living comfortably.
pew 🚀 pew 🚀💎🙌🤑
i’ll bring the mince and cheese pies 🇳🇿
count me in as the mayor of the island babyyy!
yay, i love shabathise!
can you imagine an island full of people that all made an investment with (im sure all similar wishes and dreams) parteing together and chilling without a worry in the world...! god that would be be amazing! no drama just partēing24_7…...
you’re going to need an extremely long dock for all the yachts and a couple runways and hangars to park all the jets. 🚀🚀🚀
sounds good. definitely want to go for a visit 👍🏻😁
i love the way the shib army thinks. thanks for the invite!
invite me please but i just want a private room and have alone time with unlimited food cus i’m an introvert
i’m in!! i’ll bring the strippers, cocaine and viagra
i want to come
top ballin at 0.01
like the idea 🏖
i appreciate the invite! can't wait 🙏
if hes in im in
sounds like there will be enough yachts, helicopters, private jets, and islands for plenty of soirées.
bringing one hell of a sound system - get ready to dance!! if you do not dance... yet... i teach as well!!
shib shib! hooray! ' shib shib! hooray!
i’ll be there on my tesla rocket
it will be quite sometime for that but im in!!!! 5.4t hodl update: shiba inu now holds 4% of entire crypto market. bitcoin holds 38%
alrite i'm in bruh
thx for the invite
i am invested in this, but keep dreaming guys. good for you
will there be women of the night available??
i am gonna need it to be at least 50 cents and hope that crypto.com gives me my money
hello would love a day on your island…i’m not a whale at 12 mil but hey i’ve held since 5 zeros
i’m ready got a vacation. i’ll provide the drinks for everyone
i just hope that when shiba hits 1 cent each the buying power of the usd is strong enough that a couple hundred shiba could buy a large fountain drink
oh, think twice, because it is another day for you and me in **shibathise** oh, think twice, it is just another day for you you and me in **shibathise** 🚀🚀🚀🚀🚀
i’m m in for shibathise!!!
only the one with the conch shell may speak
how fun that would be, eh?
this would be bad ass 💯
i guess they beat me to the queue!!
thanks for the invite
this has to be the most cringe subreddit...
this sounds fun to me. count me in.
definitely you are gonna forget me😅
i’m 54. i’m willing to hold 11 years. hope it doesn’t take that long. i want my mom to see her name on the back of my yacht. the betty jean. 🥺😓🙏
this sounds like an epic event. i think i’ll bring the
can i bring my family? because i kind of made promises to my wife
every day i get these notifications that shib is going down and i just don’t care…i just buy and i’m holding
i bought some. but i have a feeling it might crash a bit before going up substantially
i'm missing the eth rally tho 😔 but hodl
bc we outsideeeeeeeee when that penny hit!!!
as long as we can take a rocket to the island 🚀
what if we all put our money together and buy a country
just as long it is not pedo island that you buy then iam in...lol
lets go my fellow shi-billionaires!
down! send us the address lol
send me a invite! to the moon!!! 🤞🏾
i might be there. depends on how anxious i am that day lol.
i hope i can sail to it!
i'll chip in for the endless buffet and open bar
i'll fly there on my private jet 🔥🔥
sounds like a plan
looking forward to it. shib will hit .10 within the next three years
i'll sponsor the strippers to the island!!
i'll see you on shibathise island! 💎 👐💎
amen holding 1.7 billion shares... i’ll get the island next door!!!! stay firm!! and hold!!!!!! by summer 22!!!! amen blessings
count me in! hodling until we hit it
count my shiba holding ass in!
i don’t care about any of that. i just want to know if you’ll give me free shib at that point?
hookers and champagne must be includes
do think it will hit one cent
can i join? i’ll supply the chicken tenders with my shiba money.
hey fellas, do not forget be bring some bitches along, cos you am not gonna fcuk mine.
we will all be at shibathise!🚀🚀🚀🚀🚀🚀🚀🚀🚀
thanks for the invite!
ready for it 🤞🏼
does anyone think it could really happen? guess anything is possible!!
holding you too it !
i'm back in baby! 6m strong let us go!
i mean lemme book the music then
alright, this i’ll have to agree to. 5.5mil shib here
i want my fuckn invitation right now
just hire a reputable party planner so it won’t be another fyre festival shitstorm and i’m in lol
everyone is missing how are we going to get back from the moon to get to the helicopter to get to the yacht to get to the private island. i guess i’ll let you all ride on my private space shuttle back to earth if you really want to go there. and you thought a helicopter was expensive to maintain. haha
i have to cancel my trip to shiba island, but i think i can make it.
so i need to pack few things?
can you imagine all of shib army on an island having a big party... it would be wolf of wallstreet style with midgets and everything
this is the way. friendship is the way!
heck yes, i’ll bring some ice!!
i love your enthusiasm! count me in... i will join that party! 💎💎💎
i’m in for sure.
lemme know when :)
i want a hut
i will be moving to roatan!! i love the island life! mom and family will get to actually enjoy life for once!
i need to buy more, i only have 4.5 mil. not enough to get a yacht.
i want an invite!!!
thank you ,i will bring italian pizza from italy for your party! 10000 pizzas should be enough? ahahahah
i am hoping for it to hit a penny also.
i'll drive my jetski over.
the day shiba will be a penny i will buy reddit 🚀
i’m in. go shiba 💎💎💎🚀🚀🚀
can i go?! i got the drinks
to the moon my boy
that’s super dope i’m coming
what island ya buying
boats and hoes 🤣🤣🤣🤣
i cannot wait. i wanna be there for this 😊
how many do you have ???
i have made some calculus, to hit 0.0001 we get to have a 40billion market value into shib, so 400 bil to get to the cent, and we have a multiplier for every tot amount of tokens burnt, for example if you burn half of the supply we will need only 200 bil to get 1 cent.basically we have to become ethereum, or half of it if we burn half supply. now, fact is that more influencers and politicians are uying btc and or eth, that will bring up the whole crypto market, so good news, plus we have to consider the actual burn and partnerships with big platforms, like robinhood amazon facebook etc etc, now. best part, we can hit one tent of a cent this month, not that hard, we need to increase the market cap to x4, or a lower multiplier depending on how much shib will be burnt at the end of the month. so, october looks great, if that happends, more people will come, more partnerships, more transactions, more burn, more market cap, so by the end of the year, if we hold and do the necessary we might hit 0.01, if also more people come to the crypto market if we do, expect a drop next year in the first quarter(or not, depending on burns and market cap), but for sure it will rise more next year in the 2 or 3 quarter, ps, it might be that it will drop in the second quarter, like btc this year and shiba and other cryptos, but if it gets another hpe train like this one, next year we might hit 10 cents or even more! keep in mind that i am speculating af, it could take less or it could take longer, i sincerely hope we get rich by the end of this year hahahhaha, that would be the best gift for all of us
lets do it... its going to be liat🔥🔥
i’ll be there!!! i’ve been saying this for months!!!!
i won’t have a yacht but i can hitch a ride with some of y’all!
i'm down let us go boyssss
ayyyy. see you there.
round 2 on me at .02
we need to have a shiba con.! before it explodes. have a get together at a fancy hotel in like hawaii or san diego. show everyone that we are the army that everyone wants to join! it would make media headlines. we need to keep shiba in the spot light. so if anyone finds themselves on live tv promote the shiba verse !!!
putting all my shib in lockers on coinbase and buying other meme coin like jojo inu and hina inu as they brand new and can blow up
lock in my invite. shiba gang!!!
posts like this make me want to leave this sub
ima hold you to it
if it makes it to a penny there will be a lot a lot of million.
count me in boyyy
lets chip in for a submarine
i can’t wait !!! my fellow shibs i believe in us 🙏🏼🔥
in i'm a shibillionaire!
the island should only accept shib transaction
to the mooooooooon fellow shibes!
1 ticket please 😊
it's not getting there with only a few hundred supporters... just sayin.
can i join, never seen a yacht execpt on goolge :)
i would like a taco 🌮 on the yacht
i got my coins... not selling until i'm a millionaire.
i will hold you to it, btw how many carets will the ring be, lol
can i be part of the crew ? argh matey
get ready to party bitches.
put me in bruda
pick me pick me! i’m poor
looking forward to that special day! lol. go shibarmy!
count me in !!!!
hi i will be there 👍
i will just bring a tube and the yacht can pull me
i’ll be there as long as you save a spot for my custom amphibious lambo.
hope this is soon. i'm to close to being old!?!?.
i have double diamond hands will not sell at 0.01 if it gos that far im cashing out few 100 gs and like roulette letting it ride. .
bright things to come
hell yeah😎 to da moon🚀
i’ll just come for a weekend
may as well jump aboard.
sean brion holding 300 million shiba and 1k doge... lol
.0009 in a year !!!!
fuck it. i'm in.
the invite better come in a willy wanka bar!
you can relocate that island after i buy mars, on mars we will segregate ourselves from the non-believers, from there henceforth we will rejoice and live in peace.
i’m gonna buy a planet! and call it planet rock! 😎😎 who’s down to be on the first space ship 🛸 to my new planet 😏
im packed and ready!! 😄
looking forward to exchange thisplay glow for some real sun cheers
waiting for it 😊😊
at this rate shibathise might be early next year!
looking forward to my invite
lmao i’ll bring the drinks
i want to come!
if anyone misses the yacht, i’ll just take y’all in my private helicopter 👍
i'm gunna drive around town with my yacht on the back of a semi for a few days first just wavin at bitches.
thank you for the invite.
or you can live more conservatively, but hey that’s just my crazy idea.
i'm in bud. i'll bring the booze 🍾🍾🍾🌞🌞🌞🛳🛳
thanks for the ride and the invite. i’m looking forward to the party!
how big is your yacht
pick me! pick me!
lol i love love love the optimism
well lucky for you that is in fact what i am sir! check my ig out! i’m gonna start doing some shib art pieces for auction!!
okay, that is a bit on the weird side.
idk about dick head but i’m 100% getting a shiba tattoo if shib makes me a good amount of money
prove it or it did not happen lmao
does anyone use td ameritrade and if so how is it? i hear good and bad!
can i join you
only if i can have a bar there called margashibaville
i got the chocolate milk
you my friend will get special edition ring for being the first
i will call my yacht shiba-uchary ;)
i remember back in the day when a million was only 7 bucks. remember those days kids? let’s hope we never see them again lol.
hodl - here on da lake
keep stacking shiba and change the name weekly if you like!
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **69696** times. **3.** `u-poem-533` **24352** times. ... **11567.** `u` **8** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
it would actually be nuts!
i love the way the shib army thinkest. grant you mercy f'r the invite! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i hath bought some. but i has't a humour t might crash a did bite ere going up substantially *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
think super bowl ring but shib related
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **69781** times. **3.** `u-poem-533` **24352** times. ... **826.** `u` **56** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
don't worry guys, if anyone misses the helicopter i'll park up with the private jet and give you a parachute
and if the helicopter is allready gone, you guys can get into my 2008 toyota starlet
as someone that works with helicopters i definitely wouldn't recommend buying one. they are a huuuuge waste of money and cost a ridiculous amount to maintain. if you're wanting access to a helicopter, there is plenty of companies that will do private charters.
🤣🤣🤣 bruh this shit had me rollin
ill pay for the endless flow of champagne, lol.
on first dates i be like bitch you want some shiba in u?
ooft this is a great idea. i do art and i'd totally love to be paid in crypto. i wonder besides listing a pay id for binance what website would have this. or does it need to be made hmmm.
these were proof our ban claims on the old wsb sub. so many stupid and crazy things got done back before gme blew up.
don't worry it will be henna
i have used them for a long time, my only issue is their insane fees when a stock splits. it’s like “mandatory reorganization fee”. even if it’s a reverse split. none of my other accts do that, for that alone i would say use another service.
i’ve used it for going on 2 years and nothing but good experiences. that being said i only trade stocks and not options
absolutely! this is a team thing! you all no what team stands for right! together everyone achieves more… lets do this!
yay for choccy milk
in my head i was thinking .1 my bad
if y'all miss the jet, i'll be loading up the submarine prior to takeoff.
you're forgetting how rich we all are in the future. money is not an issue.
duly noted buy helicopter and rent it out… after i get stopped rich 🤑
is this even possible??
that’s crazy! i really appreciate the advice!
i am nominating you for "team shib motivation al speaker" lfg
can i open a gym?
best combination ever 😍
don’t worry guys if you miss the submarine the second private jet will leave at 3
which is why charter is not a problem. you do not stay rich by spending money you do not need
don’t forget when your that rich, the helicopter would be a write off so you can avoid paying taxes. that’s how the rich do it
if we aren’t allowed to smoke weed on the yacht... i buy a weed smokers only yacht...
my man, i’ll bring the heady glass
yessssss. please bring dabs too 😊
on my yacht you will
if 3, and the will to group together regardless of race, nationality, etc. there would be so many more successful people in this country and life would be better for everyone… right now i personally feel like the government or the powers that be want us to have another civil war! its sick! i wanna be proud to live in america instead of forced too!
i appreciate it my friend…!!
dont worry guys ill row you to the island by myself with my wooden boat, because i buy high and sell low.
why stay rich? when you're dead and you have all your money it becomes meaningless to have any. don't freak about spending on what you want alongside using your brain so you still have a couple of bucks to last you for the rest of your years.
i'm reading this while smoking a blunt. please accept this as my rsvp. i'm in.
more money is made by dividing us than unity unfortunately not sure america will ever be the same hopefully the next generation will be our hope for that
so sad but so true…!
so true sadly. but having a couple of kids in their 20 , i do believe there is hope
we can do it if people don’t go paper hands on us. i get that people get excited to see the increase in funds, but don’t get trigger happy. believe me, when it went up to .000037 yesterday, it was a nice number, and thus tempting, but no. this isn’t about making a little extra cash. if you hodl, you aren’t looking at making “extra cash”, you will acquire wealth. regardless of what anyone else does, i’m continuing my hodl. i’m not here to pick up 10k, i’m here for 10mil
my balance has quadrupled since i invested last month … i’m hodling until at least a 6 figure return!!! go big or go home! 🤪😜
yea, don’t stress the drops. keep holding. it’s getting momentum and the minute it hits robinhood you will be loaded
stop selling and pump and hold. if you want it to reach .01 then pump it and hold. selling will get us nowhere. the massive coin burn will happen soon.
just bought another 100,000,000 let’s get it boys
if it drops = more buying opportunity
im holding. i tell people to spend only what they are ready to loose. it’s about time the lower and middle class get a chance at some wealth
we about to witness the biggest transfer of wealth in history
i bought eth when it was 100 dollars, hodl
nw, my point is do not stress over short term volatility because emotions make you lose money haha i learned the hard way
when it hits 2 the fattest of the whales will buy and it will shoot to ath. buy and hodl folks. buy and hodl
all the haters come out of the woodwork when shiba takes a small dip then thisappear when it’s on the rise…
i’m happy for you, but it doesn’t look like anyone is listening, so maybe you should take your negativity elsewhere?
bro i’m up triple… the market caps relatively high compared to before but shit it’s pretty low compared to btc. they plan on burning coins as well, so if market cap stays the same or goes lower hopefully the burn will send the coins being held to a higher price. it’s all speculation and i’m sure everyone here knows they can lose their money. everyone’s tryna mock our win but they don’t understand we’re in for the long term hoping for a penny or more. hopefully everyone’s investing with what they can afford to lose, and hopefully they diversify their portfolio but even now it seems like there is long term potential.
buy hold buy hodl buy till all zero fall
it is on sale. :)
i’ll never let go jack
all investments go up and down … don’t fear the dip… if you want life changing (or when robinhood lists) the dip is just creating an amazing buying opportunity
together we are making history. hold!!!
bought 40milion today at 0.000029€, gonna buy another 30 mil tomorrow
wel it’s going up so relax yall
not surprised it fell a little bit. don't panic it went up too fast, expected a slight correction.
lordy lordy let’s go to 40! sounds good to me!!!🖖🖖🏼🖖🏻🖖🏽🖖🏾
it’s supposed to drop you thought it was gonna do 400% everyday 😂
if you not riding with the shib army get tf outta here i’m sick of deez haters talking
let the correction happen and then we are ready to take on new heights
new crypto investor just bought 10 million shiba
i’m about to buy some more on this dip
crypto com was down for about an hour...still hodl
added 8 million on the dip ...
fortune favors the bold. let’s make history
guys it’s scary to watch i aren’t selling
just hold and only buy the dip if you can spare the money. the most important thing is to keep holding.
no need to sell if we all stick together!! hodl!!!
paper hands will never get you laid remember that!!! i once heard that from a wise fellow!
don’t sell trust, people are trying to burn coins and everybody is selling eliminating growth
if your scared of losing money then you shouldn’t be investing your money anywhere.
i wonder if this is now the support we need humm
i feel like all you idiots trying to compare this to doge have zero idea of the levels of volume we are talking here. if shib hit .1 it’s cap will be higher then the gdp of the world. don’t be fucking delusional this isn’t going anywhere and the levels of volume we are seeing are not even scratching the surface on the burn
very simple... put money in that you’re not afraid to lose and just hold. it’ll either make you a lot or you’ll lose what you wouldn’t miss. chill and hold on
40 and beyond. lesghoo!!
i'm holding for long. lots of potential if robinhood adopts
that dog is so cute
we need to delete another zero why set the expectations so low when we want another zero to be gone
put in , dipped down to around . hodl.
just bought 1 billion! let’s go🚀🚀🚀
doing my part with 6 million and holding!
i bought more this morning lol couldn’t resist
the cutest doggo ever
the revolution has begun
dips = amazing buying opportunity
i am will incarnate. dips will not scare me. buy and hodl by brothers and sisters!!
keep on the buying wagon, we’ve only just left the stratosphere…. plenty of time and thistance to go before arriving
hodl we got this
learn from the past, do not settle for less and it will just pay the tax, you are really not gaining then you will regret later and buy when its high again. stay strong my fellow shib!!!
much crazy in here🤔i must be in the right place🤑🤑
hold hold hold fuk all these paperhanded bitches looking for there we quick profits in it for the long!!!!
hold! no need to sell it right now, the revenue will be much more in the future
u’s get this money my brother!!! i’m holding 25 mill and got in at 0.000009 have no plans of selling
friends make friends buy and hold. everyone is loving the ride.
i love a good thiscount!!
we on the move boys
diamond 💎 hands only if not walk with sheeps
don’t listen to the naysayers
we going big tonight boiiis
always the same, just relax and hodlllll - on saturday its about the 3
wow would you look at that, it’s dumping again
i just bought 20 mill
you guys think it’s gonna keep dipping or gonna go back up by the morning
buy the dip, set it and forget it. literally the best way for us to be rich and make lots of money is by pulling together towards one goal...that simple lol
imagine if everyone on this forum went the same direction towards this goal... 🔥
let’s do it! i’m in🚀
15 mill holding. future assumptions?
on the flip side, if you need that . don’t bet with money you absolutely need…😘
sorry, but if you sell before 0.01. you're failing everyone and yourself.
me who cashed out at $.000035 🤵🏻
bitcoin, ethereum and other alt coins are now falling, so i’m assuming a big dip is on its way for shib as well but i could be wrong
guys... why are you buying now? tell me, what good is it to buy high? you buy low and then sell high?
also unlike doge this shit is barely getting talked about at all in the mainstream so that increase ain’t coming. just be smart
i’m just saying, people who have money to lose, sure watch it burn, but those that don’t need to know that this coin has none of the characteristics to reach .1 so i don’t want people losing money getting caught up on everyone else’s bullshit
lol people don’t understand what the market cap means. this community is full to the brim of people wanting to get rich quick and easy while parroting idiotic mantra of “hodl” without really understanding how to trade.
99% of you don’t deserve to be multi millionaires overnight seriously
yeah but it was one thing with doge, it just kind of road it’s wave cause that was an old school meme that everyone wanted to get around cause it’s funny. i don’t think there will be any specific tweets going forward about shiba. when the initial doge burst happened there was everyone tweeting about it, there hasn’t been a single big name tweet or increase sentiment in shiba
it’s been an amazing week!
i believe this will be the ath. after this it might drop and i will keep buying .01 will happen by the end of the year
tomorrow 6or7 and is not stopping dear army
5-10x im gonna take my 200 out and let the rest ride til hell or high water
hold bro. doge is up somewhere around 10k% since last year. shibs time will come
can you imagine what that ? the magic of compound gains!!!
im very excited for the robbinghood release of shiba. did they give an estimated date?
my shiba inu kujo passed away a week ago today. going all in, in his honor! 1–9-2021 hoping to make enough to buy out a shiba inu breeder and give them dogs the best life they deserve!
did crypto.com just crash
another day, another coin. buy now, buy tomorrow, repeat
on oct 8 everybody investing 100$
what about crypto.com…. still crashes
had that happen to me on coinbase pro at the a great dip on the 10. i was livid to say the least.
hope shibinu price be
i can’t purchase any at all on crypto.com
when do we think this whale is gonna sell
where can i buy? i have wealth simple but don’t think it’s available
i want to buy like 10 mil right now. what app is everyone else using?
i dont see it happening unless these impulse sellers stop their shiz
all i am seeing now is a torrent of red in the trade history...
crypto com isn’t allowing me to sign in.
are we crashing or is this temporary?
hodl dang buy this dip too if ya can
why is it falling ?
i'm pretty sure thats not what doge said!!
is anyone having trouble w coinbase?? my friend is trying to buy and it won’t let him in
omg, it is falling
when is the best entry price to get in and it’s falling right now 🤦🏿‍♂️
be brave shib army!!do not give up!!!
is webull good to buy for shib
when is right time to buy can someone help ?
hai... i have problem... i has shiba in trust wallet... but mu shiba coin in bep20... my shiba coin not running...
from what i see, some assholes are repeatedly buying 44k to 100k shib and immediately selling them.
and that is really increasing sell volumes
shiba army do not give up!!!!you will regret it. hodl!!
lots of people selling cuz they are fwightened
the chart looks like a five step ladder might form
3.7 was the dream
here is what i do not like about banks. first they ridicule us, now they are joining us. had to get people to sell to lower the price? for them since the missed the train in the station.
claim your free shiba inu army (until the nft are available) nft🎁 just go in this post, copy your opensea address and paste it. what's more beautiful than saying to everyone: "who is right now ??"
we already hit it. :)
whhhhhyyy are people selling, let us beat our last high by double, let us eat some zeros!
lol. why you listening to people that have
what’s going on bois
people just panic selling at this point?
i've been out since 29. everyone here needs to remember this is an absolute useless meme token. it is a pump and dump scheme
wait until it hits rock bottom and stabilizes. wait for some pump scheme again and get on train again
but if you're still in the green, take the profits for goodness sake
at .30 it was nearing doges market cap. there is no way this was going to .01.
hodl til you lost money. smart move
you reckon it will go down again?
seems like you are spreading fud
no seems i'm trying to save you boys some money when morons say hodl
it’s overbought it will rise again
tanking like crazy as you expect it went up exponentially and never really made any good support,, be interesting to see where it will bounce back
this is a pump and dump. it is being dumped now. over 350% in 3 days. cmon now
i’ll pull out some profits then bro
best thing for shib is burn them damn tokens
still deep in the money. holding strong
my tactic is to keep calm and hope that it gets back up to 30 or even higher.
take a deep breath and hold! dips are expected
this post jinxed it
i'm getting nervous lol
just bought more...hope i did the right thing lol
gettings nervous is totally normal. it happened in the past that i've "panick-saled". unsurprisingly not the smartest idea. so stay calm guys and what do the cool kids say? hodl?
pro tipp: cant panic sell if you dont know how to
time to bail. already went below what i spent yesterday. it was one heck of a ride guys. too bad the sellers overwhelmed the prices at the end
only weak cucks bail
it’s going back up. whoever sold im sorry
it’s way below what i spent yesterday as well. too sad to see that
i am gonna hold my 240 million shibas
but too worried that i am gonna loose all my money. i only got in yesterday and doesn’t seem like it will go back up. it already reach ath
i just used that opportunity to buy another million…thanks to those who lowered the price 😉
can a cuck please explain why they sell? panic sell only results in much loss and a shiba fucking your wife. if you do not like it going down then be the solution not the problem - buy more
whales have not done any big transactions i can find… they still hodling on.
by all means keep lowering the price. i want to get an opportunity to buy another 10 mil when the prices start going up
if we loose this then back to triple digits
i am a hodler of cardano and hold about 10000 adas but with shibas i don’t know it looks like a pump and dump game
i fomo’d on cardano 😖 still very undervalued
does anyone here pump while dumping?
just go on! buy or hold but don’t sell
i would buy at .2
then another whale buys
i am a whale i’m fat asf
all time high in 5 hours
one penny is going to be easy asf trust me two weeks or before inflation comes for the us dollar
if this holds up it will be good for shib
the dude from jersey shores haves 16 billion coins and busty rhymes lost out to buy some
we are the shib army
keep telling yourself that
this isn’t like gme or doge, you morons picked the wrong coin to be an army for when you look at the supply
hope you cash out enough to buy yourself a helmet for the future
no it’s not delusional when you realize it’s a pump and dump and you’re just a bag holder trying to hold out
but & hodl then we buy private island
what's going on with those impatient??
i sold ath then buy dips the. do it again i’m a day trader
day trading is fun
i'm kind new on this and is true, is fun at the end of the day
it’s hit the low now it’s on the upppppp
looks like it’s dumping
it’s pumping you dump
lol…dude needs to take his throw away account chill
ok fair call, thanks for explaining instead of just bashing
whale it up 🐳
when is a good price to get in?
it fell about 30% this morning id go for it.
considering the sale day today, i doubt it.
let us wait 12:00 am 🕛.🌙🍾🥂
too the moon boys and girls 50,000,000 and rising let us good to the moooonn
also everyone saying it a pump and dump the market cap of the coin has doubled in the past few days from 5 billion to 10 billion
i'm holdin for a loooooong time 😆 🤣
trying to buy more guys, crypto.com is declining my card. my bank said they’re not blocking anything
i think the whale just sold
i think we should never underestimate the guaranteed stupidity of humans tweeting some bs going viral and making something big from nothing. part of the fun and faith i have in this coin. amen
he is such a cute little buddy
yeah we want to drive lambos so what let us be
well i agree with you. but i think about being financially free every hour of every day. so let me have my play
holy shit this coin is tanking
it quadrupled yesterday for a second now my 11m shiba is still triple what i bought it for. i want to see it double every day!
yes the price is going to go up and down rapidly for it to double every day! i hope by tonight it’s at .00004 or more
i want to buy a tesla in shiba coin might convert to doge if that’s what they accept by the time i get rich
i hope you realize this was the pump
it couldn’t even hit ath off this pump
so basically a win
yeah because it’s bag holders like you guys, it can’t go to a low after you have a bunch of people refusing to sell. the top end isn’t there so you’ll be stuck in limbo cause you couldn’t learn your lesson from doge
holy moly this is exciting.
i bought this just to own millions of a coin, no hope for long term atm
i also recommend compound to everyone who thinks shib is shit coin.
compounds ceo is such an airhead it’s not even funny
if they don’t find a use for this coin soon it will be exposed for what it is, trash. be thankful it doesn’t bottom out back to 0.000005 like it was a month ago, but that doesn’t look likely.
not with the way the price is dropping right now. we're down 30%
cause this community stands for everything that’s bad about crypto. you people don’t even see the pyramid scheme that’s playing out in front of your eyes.
don’t know much about trading, just started. why did shiba drop so much? people got to excited and sold?
what are some positive outlooks on it in the future? any reasons to expect it to rise?
now to buy when it gets back down 😉 should have sold mine
ppl go nuts over celebrity tweets on coins?
they want to implement a plan to burn coins. lowering the supply potentially increases individual coin worth if market cap stays up. there is definitely potential.
we got up nearly 400% in a week. i think it might consolidate around .00002
if anyone’s here looking for a buy price that’s probably it
should i sell now or will it go back up?
no gaurantees but if you wait it out you could have massive gains or some losses. don’t invest money you can’t lose
if anyone wants to ready a little about shiba
sold at 37. bought back at 23. 600m shares. can do this all day long
they’re providing incentive constantly, more than most other cryptos. if you’ve bought in try to find an app where you can stake it and gain interest
i just buy more every time. never taking it out until .01
isn’t it literally described as an experimental coin too?
we out here boys. tryna hold to a penny
maybe we get rich maybe we lose a thousand or so bucks
my sell price is set to 0.01 or lost my 5k
i’m holding to see how far it’ll go whether it’s overnight or in few years time
hopefully there’s another run before the nights over !
good luck. shib will be going up and down as people dump and take profits and others buy back in. this is why i like hex! pretty much only go up because we have a community that gets paid dividends on staking and not being a dumb day.
loading up to get closer to my goal of at least 1b
nope it’s too gonna happen
i just bought another 16 million and some change. let’s go to the moon
don't forget this post people
i'm putting in bois
we need elon’s help we dip earlier
just remember, people made a good amount of money when it got to .000035 so they sold and made profit. as it dipped, it seemed people got scared and sold more possibly so maybe that’s the case.
it’s also pretty normal
i'm pretty new to crypto investing. anyone with knowledge know if it is even possible to get to .01 with that making it more than the market cap??
i just bought another 500. i think there’s still another run to happen
we went the wrong direction
the haters are just freaked out that there is a crypto out there making more profits than their huge coin ever will. wipe those tears sissy and buy some shib and feel the power of profit!
do you guys believe tomorrow will be another correction day?
apparently a whale bought around a billion dollars of shib
i'm debating if it will actually be able to beat yesterday's rise... little concerned but also trying to be hopeful
many ordinary people just realised wtf just happened through secular news and are on the way to the market
pumping as needed. jumping overboard not an option.
my comment does not matter
this id like to see.
i fukc on first date. and hodl my shib.
61 million here and hodl...
waaawaaawaaaaaa. that’s how good shooting for .00004 worked out.
welcome to the army ...lets get this mf money
hold the line!!! will be at 0.007 soon like any other crypto had been... soon holddddddddddd
well this aged poorly
y’all see it tick up 2% and go this is it boys to the moon not realizing we need 42,000% increase to reach a cent
see you all back at the bottom
nice to see shib die
delusional fucks dude i swear lmao
what rise, it’s barely up after the dump and will trade sideways before dumping again
with how quickly the spike fell i'm not sure there is good chance of shib reaching high values, glad i sold last night though lol
good luck you fucking morons
i mean what have i said that’s wrong
i just read a whale just bought 6 trillion shares don’t buy in
this thread did not age well
robinhood won’t adopt realistically, with the amount of controversy they’ve been trying to avoid i don’t think a shit coin does them any good and this won’t have steam for long. there’s no long term value play herw
.10 is my goal i'll continue to hodl. if y'all sell imma buy that dip 💕💕
i love shib though! i’ll never sell. just sad for those who did, but it’s the dream to cash out
i sold out after buying at the high point initially. now i wait for the dip
learned my lessons before, took profits for short term gains ended up just to pay the tax, in short i did not gain any. so now i stopped selling and just hodl, waiting patiently to reach my goal for bigger returns.
i'm late to the game but i see i'm still earlier than a lot
same here. not doing that anymore.
btw i ❤️gin and tonics
i’m joyous f'r thee, but t doesn’t behold like anyone is listening, so haply thee shouldst taketh thy negativity elsewhere? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
bought 2.6 million yesterday and another 890k today. i'm not very wealthy at all but i'm trying! :)
now that’s the spirit 🤗
do not sell. just hodl
nay needeth to selleth if 't be true we all stick together!! hodl!!! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
yeh its total delusion to expect 1c it is also delusion to sell on dips when we are still .0000x
why thank you …. meet scotch the shiba 🐕😘
thats the spirit! buy, hodl repeat! if you want to succeed!
i am holding strong, so please guys hodl, hodl!!!!
dont worry they will regret it later. uncle sam is waiting...
i'm holding strong my fellow, would not sell till i reach my goal. learned my lessons before. never sell again for less. uncle sam is waiting for you guys who sold early.
sold at the 0.00035 wall, waiting to buy at what seems to be about a 0.00021….
oh i love that!!! i had one named kigo born in 2003. he passed a few years ago and he got his 3x great grandson scotch that is in this picture. your kujo lived a nice long life!!! sending hugs!!!
ps) my dogs are the reason i bought my coin as well…💕💕🐕💕💕
voyager, coinbase or crypto.com
i think it’s a temporary correction… we are all in this together!!! if we hodl firm it will be life changing … not just a few!!! 💕💕🐕💕💕
then buy and hold, repeat
only you can decide … you could wait until it drops more but by doing so you may miss the rocket at takeoff… i’m not a financial advisor but whatever you do don’t invest more than you can afford to lose and don’t panic sell… this coin has a ton of potential imo and could seriously be life changing for many
not worried at all.
posted monday tuesday and wednesday too… 🤷‍♀️😜
panic sell is not normal. it is sign of much weakness.
thanks for your sacrifice! i’ll buy your coins. you have strengthened my confidence. the more people sell at a loss the better for those who hold! and congratulations on making your first mistake! selling at a loss should teach you a really good lesson once it goes back up. use that lesson to motivate you to make the right choice next time! we can never lose only win or learn! peace and love!
that is hodling works boy
you put all your money on dog poop?
cardano did terrible for me… held for a few months then exchanged for shib… ethereum was good for me and even with the dip … all is extremely speculative however
lol you seem really stressed dude. don’t let imaginary dollars effect you. none of this shit is really and we will all be fine. i promise.
we want fall to 2
why are you even here? 🤔
so literally a pump and dump
same... i still have 3x initial investment so i’m happy… it’s a pity it dropped so much today but crypto is volatile and it’s to be expected from time to time i suppose. i do see it increasing in the future however… staying positive!!!
didn’t return to all time low either 🤷‍♂️
correcting* you guys are so emotional
adoption, nft burns, celebrity tweets, whales affecting the market
will it make a difference if there are hundreds of trillions of coins in existence? that's a unfathomable number.
i’ve done similar things but i always get back in, and add my “profit” back
exactly… i’ve lost way more than that in stock market at times with not as much reward potential… at least on the stocks i owned… if i lose some … but i bet i won’t 😜
in a few days no its not possible but if you bought and you sit and forget this coin has all the potential to pass 1 cent it is not a meme or shit coin as it is referred to by big coin hodlers
oh snap… such a bummer but we will get there eventually! 😖
i have 61 million as well good luck to you and good luck to me we'll see you on the other side.
bummer we broke our winning streak … hopefully today is better
i know right!? i’ve been looking for an opportunity to buy more but it’s holding above 2700…. maybe my opportunity is now 🐕 🤗🥰
shares of what? you do not buy shares of crypto.
how you pay tax lol
scotch is an awesome name it fits him perfectly!!! give him pets for all of us!!!
lol idk then, guess its just fucked
i've learned from the past. i got much stronger. ask master elon.
yes, plenty of people sold bitcoin on dips of a few hundred. if they hodl they would have millions
did it yesterday. i am thinking of putting 10k.
yes because fortunately for all stocks. please read about the full utility of shiba. read about shibaswap, bone, and leash.
yesterday. they bought around 7 trillion coins
not bs. happened yesterday
dont worry at the end of the year, you will be surprised
you have to pay tax on any capital gain. if you are constantly buying. hence holding is generally easier and safer. plus if you hold for 12 months or more, the amount taxed is reduced i believe. not an expert so cannot give much more insight than that.
a he wags his tail and gives you paws 🐾!!! ❤️❤️❤️ thank you kind person!
still a really good week so far and much better than my stocks this week 🤗
relax dude you tripping over 1 hr charts lmfao
being scared just stresses you out honestly you gotta relax and trust and believe and stop searching for validation. trust yourself stop trying to get someone to convince you not to.
what if a whale is dumping million
that’s a good point. that’s what i did with cardano. i had lost . hopefully shiba does the same
my guy! you’re gonna be fine :)
100 million and staying pat, brother. riding this thing as far as it will go. :)
quit mining karma. fuck outtah here
we ought to ban people that shitpost
not selling. selling at this point is nottt worth a few hundred profit. i want 500k at 1 cent
only 39 milion for now, but i will do my best to buy at least another 30 milions. my goal is 100.
absolutely holding. hoping to purchase more before the next major spike.
i’m 3.1b locked and loaded and still loading up more
my dog died yesterday, i bought shib in her honor 14mil for 14 years! i'll buy more when her sister passes so i can launch their ashes to the moon. rip cleo. she was not a shiba but she could of been
240m holding and waiting for a cent or higher. perhaps this is happens on 5 years or less but i’m holding like a kid holding a candy. lol 😂
4 million! if it ever grows to 1 dollar a coin i can retire! c'mon doggie!
holding strong! 💎 🙌🏻
not selling at all.
25 million still buying
buy it up and hold it!
6mil here. holding on!
we are the new apes, i’m loaded 3.1b and still loading let’s go dawgs
i heard 5 cents is projected
i'm only holding xshib. says it worthless :(
not selling until at least .001 to .01
i’m hoping for a penny
100 mill and holding with diamond hands!
i think anyone in crypto that is not holding at least a little bit is dumb. the world does not make sense. this could somehow we the strangest timeline.
over 165mm and holding strong with you family!
15 mil and holding
holding hard like a 💎
holding 1.1 billion coin shib!
i’m inspired by your collective retard strength and holding for a few more zeros.
i will hold just hope everyone else does too at a few years
the flatlining we're seeing is crazy. legit stabilized below what i thought it would and far sooner.
went from 400 to 1600. didn’t sell them so def not selling now. plan to load up some more if it dips more.
18.5 mil and holding
holding and waiting, hoping w it will get it .01 cent, maybe more.
38 million and counting
i’m still holding, but do you really have to cuss about it? jeez, always the f word. say it with me, “i’m not going to sell.” same thing but without the f word ding dong, oops, sorry.
holding at least until 0.1 or burn 🔥
the more people hodl the more we force this up...but it is going to take many thousands of us to make a difference
im no selling like a wwe star who got irl beef with his opponent in ring.
holding with goals of paying off all my bills and being debt free. 🚀🚀🚀
70 mil riding to the end lets goooo
i have 14 million
anyone know the date robinhood is supposedly listing shib?
buy more or hold!!
holding as well, half the time i be forgetting i have stock in this
holding onto shib like a pair of love handles.
holding 517 mil for dear life!!!!!!
ride the red 🚀 the moon. hold on to both ears.
lock and loaded. 58 million, my boyfriend has 79. both of my cousins are locked in as well 🔥🔥shib to the moon.!
yeah i‘m holdin and waiting for the big push
after listing on robinhood i’ll take everyone for a ride with my lambo!🤑
only have 4mill but holding strong!
shib nation! for long
infrom your selves do not just follow fools like this! buy low sell high make a profit. no need to hold long term!
holding just short of 42mil🤘
i say it will hit 1 cent before the 31st!
i bet not a single one of you greedy apes will hold. y’all will sell once your portfolio hits 100%returns guranteed, and you will be the reason it drops and the rest of us won’t make money
thers no goin back dawgg... for me its... .01 or bust...!!! [
i bought 188 million for . i lost the word phrase to access the account. rip
it's actually a rule (or was) of the sub that posts asking for upvotes would be deleted. mods do not care anymore i guess.
at 100, in it is current decimal value, every +0.00001 = 1k every +0.0001 = 10k every +0.001 = 100k and every +0.01 = 1million
you obviously do not know apes working my way to a billion and will never cash out until then, and then only cash out the 2% a year divided by 12. i can live off ,000.00 a month i can also wait till that day happens when i will allow myself to live off the interest.
already at 300% return. last time i checked i’m still hodling 😬😉. unlike everyone else tho, i’m waiting for shib to match doge’s ath 😬🚀🚀
godspeed, my friend. we’ve got the same goals! :)
sorry for your loss, but from all of us, thanks for the burn.
sorry to hear... thanks for the burn though...
idk if they mentioned it but thanks for the burn 😇
that makes two of us. apes like profits and only care of their own profits and not banding together and forcing the pump. they only did that for gay ass gme when you can make so much more if everyone fucking bought shib and held and kept buying and buying forcing the pump and pumping millions of people into millionaire status
what soup kitchen we eating at boys?
i just put losing 1 week worth of paycheck is nothing compared to losing a chance to change your life and families life forever and get out of this bullshit ratrace
we are with you brother!
hodl 💎🙌 we got this
same here put 26k i only gave 5k left but well hold
bought and forgot, not going to worry about the downturn right now, i did not invest a huge amount (8,000,000 coins or so) so if i lose it all, i am not too worried about it. hell, at these prices i might get around to buying more though i'm going after matic and ada right now.
same here, investing in expanding our ... join our sunset shib meditation on youtube search for live feed kundacafe ... ❤ carnivorous friendly staff... open to public . watch this space... we are the 0.1%
siting on 1 billion shares right about now!!!
the way i’m looking at it is i got 15mil coins for less than . if at any point in time it hits , .50, .25, .10, .05, $.001, etc. it’s a game changer. even if it takes years. i don’t expect massive gains from this, but i really don’t have much to lose. planning to get rich quick very rarely falls into place and goes as planned. what concerns me is when people go all in on something like this and haven’t diversified to counter act potential losses. passive gain plans are safer than massive gain plans, but having a wild card in the mix like shib, is fun. for me this is low risk, i put up less than . if i lose it, so be it. i’m not a financial expert and this is not financial advise.
hodl on for dear life yo~
i have 1.4 million token 😝😝
just bought another 100,000,000.00
same here bro , i am not selling s\*\*t
just bought 10,000,000 more shib because you never know.
844millions holding since march
i'm doing my part. the way to make this go up is to keep buying more. every pay more goes in.
220mill holding. shiba to the fucking moon. tendieman coming. 🚀 🚀 🚀
i put in ,800 only have ! fuck it we holding ! ima buy more 🤣🤟🏽
we should all wear shiba shirts to promote while we’re out of the house, shopping, traveling, etc - i’ve seen some really awesome t-shirts on ebay for sale. i’m not trying to make money selling to you guys, i have to pay for them like the rest of us. search: “shiba coin shirt” on ebay to see them! (buy one if you like the design and wear them, so we can show our shiba pride 🐕)
we need to hold tight 🚀
i'm with you on that... missed out on doge at 3cent, this time im not cashing out until 2030...
we shall bark on the beaches but we will never surrender and sit like a bad boy
i totally agree 💯
i have 2702 doge... at .7 mil and have 1 mil after taxes. i do not sell before... i might not sell after.
ive put in *ck-you money so im good (15million). i really dont care if i lose it all, so i can only win. still i will hodl because i believe in this community, this coin and the ideal behind it.
millionaire... you mean billionaire right😁
luckily were with more than 300
i do not know how long you'll be waiting for that life changing moment with shiba and almost 400 trillion in coin. i have a quarter billion and do not expect anything from it for at least 5 years. now if you're looking for a life changing moment which is starting to happen at this moment, then i suggest you look at amc stock because that is a short squeeze from hell in the making. for example, just in 4 days i'm up 50k. next week is going to be even better. the squeeeeeeze has not even started and we're up 100% from the beginning of last week. after i withdraw the millions i will most likely buy another 10 billion shiba and let it ride for how ever long it takes. think people. i sold off all my other stock to out on amc because i know it is about to squeeze. shirts have not even started covering yet. they actually keep doubling down their short positions. shiba will have alot of buyers after amc squeeze so if your looking for extra money coming fast and soon, look at amc and see what's happening.
100% i agree. nevertheless, even if it goes down, i will not invest anymore. too many youtubers are saying buy at low. so i did it 5 times already, i will keep what i invested and hold until whatever ( 1 or 2 years ?).
holding 15 mil, the only accout i have a big figure. even though it would not reach equivalent to 1. hope for the best prepare for the worst.
i’m still buying until i hit 10 bil. this price drop just helps me get there faster.
just hold dont sell why loose money, hold and everything goes up eventually and stop checking your account everyday. look at your account in november december and we will all be millionaires. 🍒🍌🍆🌽
x2, holding over 100mill
end due time we will win
it will come back, hodl!
you can become a millionaire now if you buy 125 billion or so
yeah... my money is gone, very good🥴🙄
seriously once a coin always a coin family if is out that means the noise is out so just wait and magic will come
big whales will buy
i'll give everyone a blow job if this thing doubles in value in the next month. if it does not everyone owes me a dollar.
me and my friend 61 and 59 years are biljonairs for the first time in our lives, holding 7,8 million coins and laughing and joking about it every day. what a great age we are living in. loving it every day. 💎💎🚀🚀
getting ready to move a half a billing shib to crypto.com and stake it.
shiba turned to a joke
where do you all live to buy shiba? i live in ny and cannot find a proper way to get it because of ny laws. does anyone know of a work around?
well now that is just ridiculous ricky bobby
love this comment ma boi!
lol yeah i keep buying more told my wife its ramen noodles this week!
i mean .35 million shib... talk about opportunity for growth! i also hodl 2702 doge til .
how are you down?
well said. i am down .00 i will keep it for long time. but i would not invest anymore. i will wait until a few months.
hahahahha fuck yeah buddy
mee to bro i got 50 mill. and no worry about it . also im trying to get some matic also.
bought some more yesterday, i’m at 50mil coins now!
me too, i bought doge at .003 then sold when it started dipping because my spouse passed away and i needed the money. if i held for just a bit longer i'd be a millionaire. here i am again, seeing the same thing i saw in doge.
i thought a lot about investing in doge when i was on 2 cents and i lost the chance today i got 50 mill no matter what .
can you show us the way to squeeze ? platform to use? basic concept of picking the right time to put money in? is there minimum you recommend or are required?
if shib is your longshot millionaire plan , then you need 5+ years to see those types of killer gains. imo, but im not a millionaire so consider my opinion worthless.
money is gone only if you sell. we were not rug pulled yet.
doge was a joke once too... now it has recently held a market cap greater than blue chip companies. who's laughing now?
i live in washington state, no problem getting it here
i’m down about the same... put enough in at a lower amount to try to make my break even closer... just hoping it will be shoot back up by the end of the year !
i’d cry if i did
duh the whole damn market is down lmao
snicker, right after i posted that, i got a whopping .00 of matic from coinbase via their coinbase earn program, looks like i'm off and running...and it is already made me another .07 cents.
shib hodl v.1 the first spontaneous interplanetary family, we are all in this together. 💎 we are the 0.1%... then we are the 1% 💎 💎
know your millionaire number... mine is currently . i have 2,702, so at that price i can sell and have a mil after taxes. every time i buy the dip, that number gets even lower!
i do not know where you live. there is different trading platforms and some work in the country your in and some do not.
join the amc board. see what's happening. it jumped 100% last week. the squeeze has not started yet because no short shares have been covered and the hedgies are still shorting it.
well, i do not really care about becoming millionaire. i got started by buying amc stock a few months ago, i bought amc for about .5. i thought amc stock was very low so i bought some. about 5-6 weeks i sold all amc when it was about . about same time i was interested in cryptocoins and that was the time dogecoin came along, i bought it very high ( about , i knew nothing about cryptocoins). now i think i have an idea how to buy it better than before. these cryptocoins investments are very different from stocks, very very difficult to predict. anyway, my point is there is no expert nor worthless opionion. i think a large portion of cryptocoins values are depend on communities.
yep thats it man just barely making it over here! lmao dont be an idiot man its a joke. all my bills are paid plenty of food an still got money in the bank. way to assume just makes an ass out of you makes me laugh!
i am new at this cryptocoin. i watched lots youtubers to be educated, so in my calculation, i did the same thing as you did. by the way, i did this in dogecoin, anyway, almost every youtubers are saying buy low, so i bought low, and next day, it goes down, so buy again and again, etc. now i realized, if i buy today again because it is lower than yesterday, tomorrow will be lower, and maybe day after tomorrow will be lower than lower. do not listen to people say buy it because today is low and it will only go up. what i learned from this cryptocoin market, there are experts. but i do have to say, i believe in doge, shiba, and a few others. i do believe that these are the future. i think choosing right coins are very difficult. what do you think ?
i have 2800 doge, 21mil shib... 10years hold, will keep adding til i get 10k doge and 200mil shib. i wana retire at age 40... so cross my finger🐕🗼🎯
yeah that is the way i look at it too! just got to get the average down so it does not take so long!!! lol got 4500 doge 272mil shib 48 bil feg love this one an some safer ones spread around. i actually bought poly at that last big dip an made a killing of a profit when it came back up. but of course i did not sell lol waiting for that magical 2 mil. have not went as far to figure what would have to hit what to figure that out! to the moon one way or another.
im in california, us of a
i agree as of now since there isnt a way to spend them or use them in an economically valuable way, their value is about user adoption and market demand vs. scarcity of coin. the valuation is much more speculative, even calculating market cap value is different. i think crypto is the poor, in some countries its better than an unstable banking system. with 3 billion people in those terrible economic world conditions - user adoption isnt a problem for the future. its the consolidation and fail rate that will occur when regulation begins in the economic powerhouses of the world will influence as they institute rules and regulations. we saw that happen recently with china.
the problem is that your “joke” is actually confirmation for some people to keep dumping their money into a meme coin. if you’re actually serious about crypto, i highly suggest you put the bulk of your “investing” money into other things that weren’t made to be the new joke. i really hope shiba isn’t your largest position.
choosing the right coin is difficult. i yolo’d shiba but also believe that it will hit. i won’t let these big downs scare me. i’m going big or going home. if my money goes to zero i will still hold because there’s always a chance it goes up... however i’m holding to we get to our next all time high
way to have a plan! love it man, excited for you.
webull , fidelity i hear that is a good one. there is many more. stay away from robinhood. don't ever even have robinhood in your thoughts. crooked company. people are leaving them and going to other platforms.
first, i bought shiba without knowing anything. now i did some research on shiba ( not from watching youtubers), i do believe that shiba will go up. i do not want to bore you with all the details. i truely believe that it is worth investment. like every youtubers say , do not invest too much. i think it is harder to goto zero than goto penny.
but how do you know a good squeeze opportunity when you see it? like what should i be watching for?
well, if you go scroll through the posts and all the dd, you'll understand it. you will see what the shorts are doing , and what they have been doing. i believe the naked shares out there doubles the float.
we took our stocks.
😂🤣😂😂this guy is the soldier left behind 🤣😂 i only have robinhood to see when they list shiba😁
um... we all left months and months ago. fuck rh. why you still there?
when is your deadline? or are you just going to keep complaining while continuing to use robinhood? they do not give a 💩 about you. we got this 🙌
i left rh months ago, when they caved into wall street. they need to list shiba.
i already did that back when they were screwing with doge. i sold off everything and started using crypto.com. i pretty much only buy crypto anyways. it seems even webull does the same thing.
everyone alr left when they screwed amc and gme
lol after that gme january halt lots of investors left rh... why tf you still in rh tho! fidelity is a lot better
did that a long time ago when they locked down during the gme bullshit. everything in fidelity now
only on binance not even on any other platform ✌🏻
should have transferred out months ago when everyone else did! you might be the only one still there lol. 💎 👐 🚀 🚀 🚀
why are you still there 😂
as if the ceo gives a fuck
i will purchase nothing on rh after their illegal . i transferred everything but .01 out months ago.
i use sofi and coinbase
robinhood lost my trust after the gamestop fiasco, voting with your dollars works. also, while we're at it, happy to support shib on our platform 💪
i went to etrade, after the rh debacle, but they do pfof but i was able to buy amc limited because they ran out of shares, but then i went to merrill and their platform is the worst i ever seen so i am back at etrade, i know it best and can make money on it, but robinhood is the dregs
webull does offer stocks and crypto. it also takes shiba inu too!
robinhood has been trash for a long time. we can make way with or without them.
yes, i'm with you. fuck robinhood
fuck rh. even if it is inclusion would help, i'm not sure i want anything to do with rh ever. i'm not all that pleased with coinbase's relation with rh as it is.
i would give you 1k shib coins to do it anyway. robin hood are a bunch of crooks! vlad is also a real piece of shit!
i dropped them awhile ago, when it was a good time to sell what i had. my wife still uses it and more than once have they had issues buying and selling at times when it seems super suspicious. if you want to tell them good job for listing shiba buy like 1m from them and do your business elsewhere
you should’ve done that already anyway. fuck rh.
left rh for everything sticks and crypto in january. i have like 1.5 amc left in there and a few doge. nada maś lmao
try coinzoom, you can earn 2% interest and unlike staking, you can remove your tokens anytime without waiting!
me too...i will cancel my robinhood account if they do not list it
you're still on rh...? lmk if you need a webull referral link. they offer .
why do not try huobi global? i'm using that right now.
you should probably do that anyway
is sofi any good?
the only thing i have on rh is 1 single share of gme and it is solely for the purpose of joining whatever class-action lawsuit comes about as a result of their fuckery when the fabled moass hits and they don’t let me sell
we do not need robin hood
already doing that. bye bye robinscam.
goto public. it’s robinhoods rival and their just started trading crypto
yeah uuummm…. you should’ve done that a long time ago 🤣
i hate to say this but shiba will most likely not be on robin hood unfortunately…
well since you cannot transfer anything out of robinhood, then no, you arent.
wow you’re a true army
sit down, you're drunk...
calm your tits bro😂...it’ll happen soon
in that same process as we speak. just do it 😁
pushing rh is a dick move. do good everyday my ass.
way ahead of you. but yes
i always have all my coins in a separate wallet. i never leave the coins on any exchange unless i'm trading.
shoulda done that months ago
why are you still using rh?
dont do this... if you do that, the irs will get their %%. just wait... it will come sooner than later
make sure you voice your opinions about rh on twitter everytime there is a push to get shib listed. should be fair that everyone to see the love and the hate for this possibility.
you should have been out of that is dumpster fires last year. good luck
lol at the people who did not leave after gme.
i don’t know if it’s available outside from germany, but i use bitpanda :)
i just sold all my stocks on robinhood so i can move the money to a different platform to buy more shib.
vlad doesnt care about you get off that platform
i am with you... i have already started close my all stocks in robinhood and planning to close .
you should not be using them anyways lol
yeah. that'll cost you . leard that the hard way months ago.
question 🙋🏻‍♀️ i have some , i guess i have not pulled out in a while i didn’t realize there r gas fees for this now ! ??? how much eth do i need for 1 small transaction literally 🤷🏻‍♀️ what is the best way to cash out from crypto app ? block chain kinda seems like bs now. help 🚨 ❤️
i believe a lot of their customers have bought shib from other platforms, already. hell, they are not waiting!
this sounds like the equivelent of, "i would not ever shop in this store again!" which ultimately does not harm the way people want it to. they would not notice you, or handful of other people left.
bailed on rh a long time ago after the gme dibacle. might consider coming back if they list
well, i had to transfer my securities and left only crypto coins due to compliance with my employer.
did it already and i am so thankful i'm no longer dealing with their crap
we only want it to be listed, to increase the momentum.
after gme. i’d run
voyager has it too!
get your shiba at anchorusd or voyager.
i went with webull months back and got a free stock
you're a bit late to the game dude... wtf you using rh for?
i will do the same here
use my referral link to sign up for crypto.com and we both get :) crypto for lifffffeeee 😂
you should get off theiir shitty platform anyways
we don’t need rh bro
ive always used webull. just has always fit me. its easy to use and has a good amount listed. [my referral](
the fact that anyone is still on robinhood for any reason is thisturbing.
since you have to liquidate to fiat then move said fiat to another vehicle to get it into another exchange ,,,,, seems you will incur a taxable event and possibly risk paying higher prices for eft & stocks & fees for such purchase. hmmmm, seems wiser to just leave whats in rh there until you would normally sell & just establish a new relationship elsewhere for all future investments.
go to fidelity or wealth simple.
you shouldn’t be using robinhood for your stocks regardless lol.
already left. coming back only for shib :)
im down for that
anyone wanting to thiscard any shib i volunteer to claim it
left rh got e*trade & voyager (got shib )
robinhood is shady and takes advantage of their customers by not executing best price
all my friends hate robinhood
after gme you shouldnt be using it anyway.
ape up. fuck a robinhood. r
robinhood doesnt have a fiat wallet. you cant move or transfer. all mine are on crypto.com
already have moved half in anticipation
i honestly prefer coinbase over robinhood.
first off why would you use robinhood in the first place
where did you all go to? i am looking for an alternative as well.
just joined the shib army on friday. still have my gme, but months of moving the goalposts on superstonk, i've grown tired. i'm still hopeful that gme will moon, but the shib army comradery (plus the increase in price) has filled the void for me.
its my relatively smaller investment portfolio. recurring voo, qqq arrk.
i am in green zone. i do not care about robinhood. ))
not for crypto. im talking stocks and etfs.
there was a reason for that. robinhood is still good and easy to use then others.
highly less user friendly
na there’s plenty people
as if any ceo really gives a fuck...
what do you and i get using your referral? ' edit: nm, found it.
yes. and you get free points for signing in every day. which can be used to buy stocks, crypto, pay out in cash, and even use to fix, a lot of options with the free points.
you cant? why not? i am new to this.
stop lying. i transferred my stocks from robinhood to webull.
can you point me in the right direction about obtaining my own wallet?
the post is meant for stocks snd etfs not crypto.
coinbase is good too
i went with public after defranco advertised for them. customer service is good, the ui and features are not as nice as robinhood and i tried to transfer stocks twice from rh to public, once getting public involved, and both transfers i've never heard any updates on so that is the one knock i have on public. i was able to drs some shares from my public account to computershare and i'll be using cs for all my future cs buys but i'll keep stocks on public. i've also got stash i use for more long term things that i do not really ever check, just put money into. heard good things about fidelity.
i went to fidelity. i’m very happy with their services.
i use vanguard. pretty good for me.
i went to webull
went to coinbase, fidelity, etrade. you can get shiba inu on coinbase. they also have lots of specials and deals, referrals and free coin.
go with kucoin man, love it there.
yeah, that is what i mean. dont use rh. full stop. they've proven that they have liquidity issues and will fuck their customers over if the need arises. many options out there but that is just me. nfa and all that
exactly! they halted stocks and almost whole etf basket back in january... gme amc koss bbby bb nok lol ... gtfo of there if you want your $$🤣🤣
most of us left during the whole gme debacle.
dog we all left rh like in january of this year lol.
for just crypto coinbase is infinitely better imo. not using an app that willingly breaks federal law so billionaires don’t take a hit
robinhood also makes it way easier for the average person to buy crypto like shiba once it gets listed there. that's good for everyone
i’ll check it out. no account minimum?
not on robinhood. you can sell your stock, take the mo ey out and go buy elsewhere but you cannot take your stocks with you.
yes, just check the popular defi wallets to store your coins, like trustwallet, metamask or safepal. i use trustwallet, but make sure you check first the rest and take a decision. i also recommend you to see some youtube videos to check how to transfer your coins etc. it's quite easy when you take the time. if tomorrow coinbase or robinhood shut down your account all your assets will be compromised, but if you have it in your wallet you do not.
i have the fidelity investments app and can’t find shib there. or any other crypto? am i missing something?
ill either transfer to cs or fidelity. thx.
can you list your referral code so you can get the benefit of people joining? i’ll wait before i join since you mentioned them. 🙂
the promocode to use is fidelity100. the . losses would not count against the .
unless you're in ny. just learned the hard way. i guess our wonderful politicians who care about us soooo much do not want us buying shib. gotta love communism.
when it you refer someone you get 10 dollars of btc and they do too.
i have charles schwab as my main retirement and stocks. i use rh for additional etfs and a few stocks.
no account minimum. and if you want i have a referral you can use. you don’t have to use it though. use my link to sign up and you’ll get .
> but you cannot take your stocks with you. ...then how did i transfer my stocks from robinhood to webull? robinhood sucks, but there’s no need to lie about extra shit.
you can transfer stocks but not crypto. they will liquidate the crypto and transfer the money.
thank you very much, this is helpful!!
not sure they list them. here's a referral to coinbase: this is my crypto holder.
you're awesome man. however, i don't think it is a referral program. just an incentive to get new customers. if i'm wrong let me know but get your money either way i can shoot a coinbase referral code tho. get some. shib or some shit with it ;)
code: fidelity100 will give you
ha downvoted. i forgot i should not say anything bad about communism on here or liberal policies that restrict the liberties of citizens. hahaha
i’m based in ny & bought shib and continue to dca. transfer usdc from coinbase zto crypto.com and make purchase that way. or you can just pay debit.
whew! carry on good sir! see ya on the moon!
he’s lying, i transferred all my stocks from robinhood to webull.
you can transfer stocks but not crypto. they will sell the crypto and transfer the money to the new broker.
hmmm...did not know that. i only ever used it to buy crypto and i knew you could not transfer those out. so i assumed it was the same for everything on robinhood. thanks for telling me.
yeah, i joined cb long time ago. sorry! i was hoping fidelity gave incentives for referrals.
you just zhouldnt say stupid things. that arent related.
and your id that you used for [crypto.com]( is a ny state license?
ahh ok that’s what i needed to know. thank you.
i'm assuming its because most brokers do not dabble in crypto. if you transferred to fidelity there is not anything comparable to transfer it to.
all good!!! as long as we get those trendies!!
i do not understand. what's stupid and not related?
no id needed…purchase usdc on cb and transfer to crypto.com then swap for shib easiest way.
outside the universe 💎🙌
i have 2 time 500 milion 1 x 0,00003500 1 x 0,00005900 hooodl 🚀🚀🚀
10 mil and continuing to hold!
same , but only 7 milli. 15 mil is my goal
just hit 60 mill 💪
holding 209,000,000. i will add more to reach 500,000,000 in the next 2 weeks or sooner. 🚀🚀🚀🚀🚀🚀🚀🚀
450 million shiba and holding 💎🤲
i got 74mil and will keep hodling. i did the best that i can. i still pay my bills and touch want i want to invest. if it takes me 1 day, a month, a year or so, i will do what i have to. my dream will someday come true to become a millionaire like the ones who think like me, sooo, come on everyone…we can do it
i am with you! but with only with 12 million...
hi first time buyer of any crypto this is fun hope it goes up what are your thoughts
always buying the dip 👌🏼
47million here and holding
11 million shares,i need to pump these numbers up
no fiat, i'm balls deep
i’m buying this dip heavy
36 million here...want to buy more but mortgage first!
bought 14 million for . now paying 12 mill for . still buying though….
125m and buying. hodling and buying.
we’re all holding brotha! i got 10 mil just waiting to hit the moon! constantly adding too
your a whale alright i only have 10 percent of that
in-othernews this is the best crypto inversion, buy for 0,0000069 and you are ready selling???
count me in! holding 120mil and buying more on the dip!
billionaire here. definitely bought more today
just put in another
i only have about 1mil but still hodling 💎 👏
16mil here. i’m with you! waiting for paycheck to come in!
73 mil and hodling till $.20!!!
fuck ya bud i'll buy 10m more this week
buying at 55 all i have
you bet your sweet ass i am.
here holding 317 millions and if amc shares will made a good profit i’m gonna add up to 1 billion
me! i'll help you hold all that shib.
i cannot buy anymore but i have 1.5m at least. being on thisability sucks lmao
i’m with you, buying dips up to 200 million
just picked up another 20 million!
yo, anyone else notice that coinbase is skimming a few points every time you buy or sell? on top of their fee! wtf?
that dip was a sale. thanks 😊
i’m sitting with 3 mill but i’m buying wherever i can 🚀🚀
bought a little bit. will be buying in increments of 1mil from now on.
i bought when it was 0.00001275. spending the same amount now only gets me fractions of what i got then. im holding out until it reaches real currency numbers.
over a billion and buying
holding on for dear life at 16 mil
bought mor at the dip, at 330 mio now. ready to go sky high
can you share 3million trying to get to 10mil😂😂🚀🚀🚀
let's fucking go 🚀🚀🚀🚀🚀🚀🌕
i have 130 million and i’m buying the dip!!
fuggin wish, i'm buying as fast as i can regardless tho...
ugh i wish i could buy more but i had to sell a smidge for my rent 😢 one day that won’t be a problem anymore!!!
stake. your. shib! earn more shib for hodling
buying the dips !!!! hodl
holding all i have ... bought a tiny but more on the dip.
you large holders, are you going to buy the nft's that kill ?
at 226000000. 🚀🚀🚀 hodl
copped another milly and a half for the cause. 💎 👐 🚀 🚀 🚀 🚀 🚀
you know i am bro
holding 6 mill. looking to buy more when can.
damn, i have a whopping 11 million! that's all i could do i'm happy with it, i'm into buying the dip though! and hodl!!
i am! fellow shiba!
this hobby is crazy while i got laid off but it might turn out good
bought the dip today around .000065
me i only got 10 milli though :( need more
i am a real life npc
right there with you!!
5.5mil here ain’t listening to the sellers
i have 2 million... wanting more but it’s creeping up!
i'm holding 5 years
i have 410 million so right behind you!!
i stopped buying shib in may when it collapsed cause i wanted to see some action out of it to restore my faith in it, but before i knew it it skyrocketed and now it seems silly to throw money at shib if i couldn’t significantly increase my shares. i have 310 million and il ride it all the way. seems like plenty. theres people (like you) with more, and then theres people buying 5 million shib for almost 400 bucks lmao if i had any idea it would’ve gotten here this fast i would’ve bought like several billion coins when it was dirt cheap
25 mill here. i bought back in march and always intended to buy more (100 mill was my goal) but i decided to diversify a bit and kind of left shib where it was while i started putting money into other crypto. i'm happy to hold for however long, it only cost me 'll just ride the waves and enjoy the journey with every one.
already bought another 1.3 i hold 45 million not 450 million lol nice 🚀
at 50 mil... broke now lol but that is a temporary condition 😂
50mil, bought for about 1.5k, same 50m is now around 2.7k to buy... id be happy with 100m
1 billion shib club here
holding 419 mio since 0,00000something and doing like the sultan of dogs
still holding my 208mil. and bought elon early and adding to that. over 5b 💎 ✋💎 ✋ 🚀 🚀 🚀 🌙
i’m holding with ya
there's a lot of shiba floating around.
just got me another 7m and waiting for the next dip
20.3 mil and holding!
310 million. hold, hold ,hold. and still buying dips
just pump it up!!!!
enjoy your future retirement...
why all coins going down. do you have any news? ethereum 4430 to 4100. my portfolio down almost 15% for the night.
i’m on 5 bill tokens
buy the dip you fuckin nerds or get a dick punch in that patch where your balls used to be…😘😘🚀🚀🚀
i pulled my profits at 10x (moved to eth) so i can buy a doge miner and start mining doge to convert to shib. trying to use my shib profits to take more from doge…
holding but not buying
bought at 0.0000069 and 0.000049 for the multiples and sittin pretty 🤩🚀👌
shib ninjas 🥷 unite!!
just keep your 👁👁 on the prize 🏆🎁
with 4 zeros or 5 zeros? if 4, then you have paid a lot.
you’ll get there soon enough!
fasten your seatbelts and keep your arms and legs inside the vehicle… 🚀🚀🚀
it will go up and it will go down, up again, etc. don't panic just because price drops for a week or so.
added 5m myself. got 20m now. really want to get to 100m
i love you. 😘
you’re my spirit animal 😘😻
keep it up dude and best of luck to you. much love
yeah im off coinbase went to webull
we’re playing to win , not tie
that’s .68… check your couch for change 😂😂
there you go sweet tits 😘❤️
this is the way… 🙏🥷🚀🚀🚀
he has doge monopolized so he not moving on , from that coin,’he using it to put his money in there so he don’t pay taxes why do you think it rose, but was taking the money out a soon as it went up 🆙 just like mana it’s monopolized by mark he can take out everytime it goes up, you don’t think mark is a controll freak
15% is nothing…volatility is crazy in the shib game and you need to be good with it and keep cool+calculated if you want to play. volatility is because of the multiples. just man up and hodl for fuck sake.
probably the dumbest strategy i’ve ever heard…
tell that you hodl minimum 0,001 and can tell you hi, my millionaire!!!!
hellya, i think i got in at those same ape strong. hodl en for ya
this gets a like
i hold to see what happens next week or year for the moment i have win !
no, i know it and i am holding. but 15% for my portfolio is big move for my portfolio and i am not taking in account shiba inu. i know shiba is volatile now and it is ok for this coins right now. when ppls see shiba inu on robinhood they will regret.
120+m here, hodlin and adding!
it's actually not super dumb. the selling out part is meh, but... increasing the doge supply is helpful to decreasing its relative value, since doge has a theoretically unlimited supply, especially if the coins are immediately sold to make shib purchases. odd, yes, but meaningful at volume.
if that his plan don’t judge everyone thinks it’s dumb until it works then your a genius
that’ll do, donkey. that’ll dooo…
sell her for shiba? 😉
we don’t need him
i’m smellin what you’re steppin in. i dig it.
and shib just made a big jump than stabilized… now i’ll be producing shib every week instead of just watching my . it’s called playing the game while poor, i don’t get a second chance to buy back in. we’ll see who’s holding more at the end.
maybe in a few more yrs
[tip this post any amount of ]( (by [8:23pm utc]( to keep it visible.
i have absolutely 0 issue with this
she is right. members of congress should not hold crypto or stocks because they can make trades before making any policies that would affect the market when the news breaks out
i think it’s a good take. they shouldn’t be allowed to invest in stocks either.
this is the best and only answer she could give on this
if only this thought process permeated congress as a whole.
that’s a pretty damn good take right there
it’s common sense. yet... still… in 2021… it’s totally legal.
i wish the sec would work like this. "sec employees are not permitted to trade" everyone - "so sec employees are not trading xrp or any other assets?" sec - "no comment"
the fact that this is a choice is ludicrous. props to her for doing so, but this shouldn’t even be a question we ask elected officials. remember that fucking senator who sold all his assets when briefed about covid before the nation was alerted about it and went into quarantine? the fact that these people can know well ahead of time news that will impact assets and financials is why they should have no control over what they can buy and own. full divestment and having the state put the money into a broad market fund is really the only way things should be done.
it's pathetic how many of you cannot accept that this is a solidly good comment simply because aoc is the one saying it. identity politics have ruined you.
nancy pelosi nervously looks away
of course it’s a good take. those who say this isn’t good are corrupt politicians and dumb voters. and if anyone think this is bad simply because it’s aoc saying it, you lost the plot, you are deranged, you’ve succumb to identity politics and you shouldn’t vote.
if her stated reasons are true, i actually respect her for that.
the best possible take
good take, alot of politicians act like influencers with their stock
that's freaking so refreshing. 98% of elected officials would probably dodge that question in one form or another.
like her politics or not, she sticks to her principles.
this is how it’s done! good job aoc! the more experience politicians need to start taking notes from her.
and this is why the mentality of conservatism is a huge problem. in their mind the marketplace is there for them to manipulate and control in order to benefit themselves. why wouldn't i take advantage of my station to gain wealth? after all i've earned it! only bleeding heart liberals wouldn't do this to "pretend" to be ethical!
i too believe congress should not hold. sometimes they are privy to information, that the rest of us dont have access to that could be beneficial for them. "loeffler"!!!!!
they can invest in index but not individual stocks. that should be the rule.
there is no way this is anything other than a good take.
yes, it is a great take. she is excellent, in general, i think.
she’s the only one.
i like her more now tbh
awesome take. responsible take. she may be a bit far left for some americans but her motivations (serving her actual constituency, helping american people, keeping leaders honest) are something we should want in every elected representative, especially within our 2-party dominated system. that attitude leads to quality thiscussion and bipartisanship, not this constant infighting and one or two elected officials out of hundreds being able to blockade anything they want because it does not serve *their* best interests.
is this love, that i'm feeling?
bro this is so fuckin important! dislike her policies or not this is pretty ethical
great take by the brightest star in congress. hope her and katie porter run for president and vice president. president poter would be the best thing ever.
hats off for her
alright, that is it. i'm voting for aoc when she runs for pres or who ever is running for pres if she is their vice pres
i can definitely respect that
i agree because every pro crypto politician would be accused of looking out for their owns interests even if they are not.
perfect answer. precisely what the rest of congress should be doing in this specific area.
i support her view.
the youngest member of congress has the wisest ideas. oh the irony. i think we need to vote more young people in.
she has a good point. how much legislation has been held up or d.o.a. because of policy makers trying to either make money or not lose money.
she is the best
and that’s how you do it.
funny how a simple foundation of morals and ethics can seem so right. something your mother taught you and often forgotten.
idk if it is as much as a 'good take' as it is the only acceptable take?
the us is very undeserving of someone like aoc.
very good take. good aoc
perfect take. this should be the law. aoc showing yet again she is what we need
this is the way. but not the usual for politicians. they are there to take advantage of the situation.
crazy that it is not illegal
pretty admirable ethical stance aoc is taking here. completely agree with her.
so, she has no dollars either?
i just invest in eth
aoc is one smart lady.
too bad pelosi doesn’t feel the same way…
good position from someone who normally has colossally terrible takes. but i will always upvote ethical behavior. good on her.
the only take, based
she just needs a crypto mutual fund and she is good.
disagree on a lot of topics with her & fundamentally thislike aoc; but this is objectively a good take and anyone saying otherwise must either be a moron, or blinded by their own personal thislike.
without interacting with crypto can you really trust she has the knowledge to make policy on it.
i cannot stand aoc 🙄,,,,, but! i agree with her on this one.
yes this. fuck nancy pelosi
man i want to suck her toes
100% a good take and it is stupid to think it isnt--i do not care how you lean politically. money in politics is the biggest problem we have
honestly this is the take that i wish every member of congress would be sworn to uphold. why this is not the standard they are required to be held to is mind boggling. but somewhere pelosi is punching air reading this.
a smart snake is still a snake.
i thisagree with aoc on many points, but she’s not stupid, and i believe she is doing her job in good faith. you can’t say that for a large portion of of congress members.
aoc has integrity. you might not agree with her politically but she is legit.
shes hot and has a good take
finally an honest politician 🙌🏻
she can’t own bitcoin because she wants to tax the rich and if she buys bitcoin she’ll have to tax herself but you can’t tax bitcoin so she’s going to implode if she buys it
she is the best.
my hope in humanity restored.
good take but i don’t believe for a second
i agree 1000%. i would love to see her immediate families financial statements.
do you hold fiat?
she got some monero though probably
i don’t agree with her on much, but this is a good take
she only accepts cash bribes and gifts
i respect this. even if it’s one of the only admirable things about her.
by that logic she also shouldn’t hold any usd or have any property right?
does she have a 401k?
yep. good take. respect aoc.
i do not believe she owns 0 stocks or crypto
aka instead her pockets will get lined in other ways like the rest of the washington fucksticks.
that’s very admirable. and i don’t even like aoc but she’s winning me over.
when shes prez someday the right’s brains will melt and we can finally be free, amen.
yeah, this clown just oozes ethics…
maybe the first smart thing she has said
she’s a dummy but she’s not wrong here.
maybe she got her friend to buy it and keep it on a trezor for her.
i'm more of a lummis type. buy it so you can understand what the fuck you talking about. aoc says this shit and next week she ll try to regulate something she never even heard much about
lol she is so full of shit! it's like thinking bernie is the good guy with his multiple fucking mansions hahahahahaha
she would rather be ignorant than perceived corrupt. that's what we call unsmart.
if that is the case lawmakers should not hold fiat, stocks, bonds, or even have a bank account. oh don’t forget credit cards. or drive a car as it could show favor to a brand. can not wear clothes either. might show favor to cotton industry or synthetics.
the joke here is that she is on the financial services committee. wow
it's just a political stunt. her stock is your votes
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u[tipped]( you 1.0 donut!
profiting from inside information is a very mainstream business in congress.
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it's bullshit that any of them can even own stocks.
exactly what i’d say if i were a politician. with stock and crypto but want people to think i’m “different” than other politicians. but she could be telling the truth who knows
but her god-queen pelosi is a multimultimillionaire off inside trading
she will soon outlaw.
ya i agree with this. that being no one is going to do this though.
we’re looking at you nancy….
pelosi knows best 🤥
i thisagree with her politics or whatever, but great take. no elected official should be able to trade any stocks while in office.
right she gets her husband to hold it all (in just name), for plausible deniability.
they should be allowed to invest. got to thisclose trades upfront like 30 days.
responsible and admirable. i like it.
she do not give af about time in or timing the market. she just cares about her constituents... wish i had a rep and senator like her...
we should buy some and hodl it for her the aoc fund.
no she’s jus dumb and apparently doesn’t like money and
someone in a position to make changes towards something should have the least connection to that thing as possible, if the changes they are making may benefit them simple as that really that fact that that isn’t already set in law is mind blowing my stupid
i can respect her for this stance
you think she told nancy?
yes and i love aoc’s integrity but expecting congress people not to invest at all is unfair. to prevent corruption they could have like a list of congressional etf’s that congress members are allowed to choose from. the contents of which could be voted on. both businesses and the public would have an interest in what those etf’s contain so basically instead of having individual congress members exposed to potential corruption, their investment options would be chosen by the people they represent, who are basically voting for companies they support. if the public votes for a lot of ev companies in the etf’s then congress members will have extra financial incentive to give help to the ev sector. which is fine because it’s what their voters would have chosen to get that support.
wow… i agree with this crazy person on something….
nah they should be, it’s your right to. as a civilian of the united states
bezos pays her enough as it is 😂
good take. i thisagree with much of her stuff but this is something i wish was the norm. i do wish people who supported crypto in office saw the potential beyond profit and supported it because they agree with its potential, not because they personally profited.
but she invests into cash. crypto is a currency.
well. i actually agree with her for once.
absolutely, lead by example.
good for her, i'll buy the bitcoin she didnt
do you hold cash? i can’t because i’m on the financial committee
this is the way!!! 🙌🏽
the only politician i like is like this. nearly 0
why are you wearing a mask in the airport when the policy is to wear one on the plane ?
awesome take! i kind of thisagree with reps (*specifically, aoc*) being allowed to own crypto, because of the nature of crypto and bias built by the message she puts out there. not to imply that she is infallible, but she does seem morally congruent, and i would add that there are other leaders that have an air of positivity and moral intelligence that leads me to feel comfortable with them being in a position to control or at least influence finance. bernie is another good example; they may not always be right, but they *always* care about people who need someone in their corner. just my opinion, please interpret with care.
yeah probably the take she should be taking though i mean congrats for not being as shitty as the rest though
this could very likely be an example of politicians saying what we want to hear. i agree with her, but not sure i believe her.
damn, i wished someone had say it first but…low key she hot
broken clock is right twice a day.
this is the only smart thing she is ever said.
lmk when she starts working in the ethical portion
excellent, hope she stays poor and only hold bolivars and zimbabwean dollars.
cool she actually said something ethical for once. she’s still stupid ass bitch
she dumb af she doesn’t even know what is crypto 🤣😹
i understand have have usually always said that congress, and elected officials, should not invest because they would be able to use special knowledge to make money and let their bags bias them. however, to play devils advocate, what would the world look like if all politicians were requried to have all their holdings in a publicly visible account where everyone can see their every move and their ever bias? wouldn't this level of transparency be better than the current system? imo, the ideal senario is they cannot invest, but that is a pipe dream. so maybe the most ideal and realistic scenario is to require them to have a public ledger of their accounts?
please tell me people don’t fall for her bullshit...
aoc is truly awesome i loved how she called out lobbying.
yeah dude. those idiots shouldn’t be allowed to take speaking fees or buy stocks. i extend that to cryptocurrency because laws are being written and bribes are undoubtedly available.
yes and no. it’s good to not be legislating for your own bags, but the only way to understand crypto is to use crypto. how can any politician make laws on defi without having ever used a dapp? it is the same as the legislators who made sweeping declarations about the internet in the 90s without ever having connected or even having looked at a website.
that’s a bad ass legislator.
she has self proclaimed her belief in a socially owned economy. not surprising her stance once you take that into account.
now pass the mic to nancy
to me, whats craziest to me is that j. powell owns some stocks as well as most of congress members.
who cares what they invest in. all that matters is bringing back a government as a service not as a for profit enterprise thisguised as a non-profit organization. t-bonds anybody? thought so.
this really is the only take an elected official with insider information and potential direct influence over assets should have.
but how are we going to normalize crypto as a currency if it’s ok to ban politicians from owning it? it would be like banning politicians from owning gold.
wether it’s insider trading or corrupt lobbying, the politicians will get paid regardless. at the very least, crypto is less corruptible.
ehh, she is still an insufferable cunt. she is worried about cancle culture erasing her from history because they would label her as a hypocrite...nothing to do with remaining impartial and unbiased in my opinion.
or is it all in monero... jk.
it is admiral i think. but also, by that same logic, having no stocks or crypto could leave you biased i that you do not care what happens to those markets
sounds like she is shilling monero to me...
you know i do not like any of her other policies personally, but this is the first i totally agree with. good for her for making a stand against all the dinosaurs...
actually pretty decent for her to do as a public official. of course she’s also possibly talking shit. and how would we know?
as your husband i will do the buying into are future investments on crypto's 's ! 😊
she does not herself...!…down not mean it is delegated for.
i dont even know what that means
thank you for your service!!
how about aunt pelosi?
unfortunately she’s the only member of government that sees it that way. majority all own a crazy amount of stocks and deliberately vote for what will make them more money :( the amount of insider trading that goes on in government is ridiculous.
if only the rest of our elected officials had her ethics.
i agree with her on this
tbh she is got more guts than me i'd totally get some trading done
if only 99% of the rest of congress didn’t do the exact opposite of this 😂
i respect her for this, although some day i hope to live in a world wheee this isn’t abnormal, just a regular opinion. fuck...it’s sad this is so uncommon
let me know when it comes out that she owns stock and stuff.
kudos to her. the amount of insider trading that happens in the congress and senate is horrible and surely influences lots of public policy that affects us normal citizens.
but if she did, she’d be balls deep in
integrity is in short supply these days
i don’t like her policies but i appreciate her stance on this.
she is a shill , fiat shill jpowels printing princess
silly kids , she never said her “husband” doesn’t invest in bitcoin or stocks lol smh, always pay attention to what wasn’t said as well
so in other words, she just gives the money to her husband to do it in her stead. were you born yesterday, lad?
i call bullshit. it is a politician so...
insider trading in any market, it should also be against the rules for public servants; and yes, aoc’s ethics & integrity are genuine.
this is good but, if the financial revolution we're hoping for does eventually take place. she is gonna have to change in the future
good take imo. i think congress should only be in the s&p
i agree with the sentiment, but i highly doubt she’s not invested in bitcoin due to some ethical concerns. she was broke as hell until very recently and owns virtually no investments. she doesn’t own bitcoin because she never had the cash
now ask her about the 1 million in campaign funds that was funneled to her boyfriend's company.
she probably doesn’t but i’d bet her hubby does.
she will be left behind
if you think this girl has any morals at all, you belong in a mental institution
0x637667... [tipped]( you 1.0 donut!
i love this woman hope she becomes president one day
ok but is she for or against crypto for everyone else?
i don’t always agree with aoc but this is a really great answer and i wish all her colleagues would follow her example in this. huge respect.
this is a very good take and should be the law
nancy pelosi hate her for this comment.
clearly, she’s the devil they make her out to be.
meanwhile,….nancy just started polesi capital…seriously.
no. if she doesn’t want to be biased then donate your profits. can’t legislate something you don’t even understand. this is the 2021 version of “how do you make money ser of facebook is free”. she needs to use the products specifically because she sits on these committees.
we need more politicians in western democracies who share this view
all politicians shouldn’t be allowed to and friends and family that get caught trading on inside info from their political access should be fined large amounts of money
wow, i can respect that
stop using dollar ! dont use any product on which congress legislates. its a foolish statement coming from us lawmakers...i think present lawmakers arent prepared for 21st century decision making. not owning any technology, and claiming it will keep you unbiased is bullshit. you should use it, try it and then comment on it, not without using. how can you decide, legislate, regulare something you dont own, dont know how to use, cant define ...ssly?
why is a bartender on the financial services committee?
"good take" and "she is so stupid that she has script writers to help her larp as a politician" are not mutually exclusive
why would it be a bad take?
wait. you can have members of congress owning stocks? that is fucked up. talk about a corporatocracy.
not hodling btc because you want to remain ethical would be like saying i don’t hold dollars, real estate, gold, or anything of value because i want to remain ethical. it makes no sense and demonstrates a lack of education. pls learn if you are going to remain on fin serv com.
no. that’s like saying they can’t hold dollars because they’ll know if it goes up or down
she is who we should be lobbying instead of sinema. someone who cares about financial policy out of principle.
this is the best take. she’s setting herself up to be very hard to attack on these issues.
could still mean she invest in crypto derivatives haha
i am not a us citizen, but really, really like her approach. know of aoc from media, so not much. but she seems like an extremely ambitious person, very goal driven. lets hope for your sake and ours she is what she claims to be.
new phone. who this?
i definitely agree with what she said, but i find it hard to believe.
if they are allowed it must be made public. every trade, every wallet, every brokerage account. i don’t even know if that’s possible, but are this way there can be a system in place for retail to observe big trades, and potentially mimic them. a dude on wall street bros actually did a dd on this and proved that if you mimicked certain politicians trades in the stock market your portfolio will be up. think he made a website for it. from what i remember though, is that access to the trades they’ve made isn’t very current.… or maybe it is, i can’t remember and i apologize but i don’t have time to look for it right now. when i have a moment i’ll track it down and edit it in.
i agree with everything she has said. only if other members of the government would do the same.
do you think its the politicians who are writing recipes
tell her to sell her stocks then
if you believe what she’s saying then there is no hope for the world
i mean she is 100% right... but i also think shes lying lol
as it should be normal (every f nation in the world got laws about this)
at some point i might be sitting on the board of food and drug administration, i want to max out ethics, i am going to stop eating all together.
i wish you all understood central banking and reserve currency
terrible take. congress also has some control over the value of the dollar, does she also not carry cash?
in this world you either store your wealth in fiat, precious physical material, or crypto currency. like us, aoc cannot be independent in this. even the default choice (fiat) is a choice. by keeping her wealth in fiat, she is backing.
if all politicians dump thier bags then we are in the shit
may i introduce you to nancy pelosi, the best investor and trader of our times?
if you believe anything a politician says, then you're dumber than that horse toothed moron.
i do not understand why people hate aoc. i think america needs more of her kind in the congress. i'm shocked public officials are not required to divest from stocks and securities.
but both sides name 1 republican that would do this , i’ll wait .
not a “good take”, it’s a great fuckin take.
maybe the only competent thing she’s ever said...
the only reason this commie does not have crypto is because missed the boat. that or she is lying.
she gets enough money from you. no need her to increase her stolen profit.
answer: no. reality: ofc! are you dumb?
of course she doesn’t invest, who does she look like, nancy ‘my new buy signal’ pelosi?
tell that to fucking nancy pelosi
feel like there are ways to do this ethically regardless. aoc: i would like this $, ideally ethical ones. i'm a member of congress so pls do not let me know what i'm invested in. fiduciary broker: ok.
she is definitely not a dinosaur.
since most congress persons make something just below 200,000... yeah, put a stop to them clearly being bought off.
first time aoc said something smart
isnt she part of the huge investment fund that does it for her?
i bet her family does though
why the member's of congress are holding cryptos, cryptos and stocks must be ban for governments officials, because they know what government wants to do, for ex. if government ban crypto then these officials are the only one who are selling there portfolio just like people sell in fish markets. and this will create a huge impact on retail investors like us. i would suggest to ban government officials from stocks and cryptos.
government must be ban from stocks and cryptos
so she would buy bitcoin if she did not work there?
i love her so much
u[tipped]( you 7.69 donut!
*we don’t hold but we would rather hold the fiat we get from the lobbyists*
this does not make sense to me. by this logic, she should not hold any fiat either. you can long or short crypto without holding any, anyways, so what's the point?
why is not she in jail yet? or living on the street? she is done so many shitty things.
but she wants you (the tax payer) to pay off her ,000 in student loan debt when she makes ,000 a year. she is definitely super ethical my woke friends. she cares about this as much as nancy pelosi cares about income inequality while she sits on ,000,000+ in properties and only flys on private jets.
if you actually want to make a difference you should start with a decentralized government that does not have lobbying for one.
people actually believe this?
my eth says she is lying out of her ass. she loaded up on btc on the last dip
i'm fairly certain she does not hold stocks or crypto because she was saying she could not make rent before she was elected as a congresswoman. but yes it was a very political answer.
i did a few lines off aoc's ass it was cute but a little hairy near the upper back cheek.
too bad it is total bullshit. she does her job? lmao yeah...ok. and i'm bill gates' lost son and sole heir to his estate.
best not be holding any bonds then... her polices could affect those too. i'm glad she is not because at this point american conservatives would just go "well its bad if the commies are holding it" and go full "crypto commie" facebook memes.
she doesn’t get it, literally
this makes no sense to me. i want my reps to invest and hold crypto. why wouldn’t i? how can they make policy if they don’t hold and don’t understand and don’t live it? my representative invests and is not corrupt as fuck and has morals. they can also do their job without gaming the system and taking bribes. ohhhhh, i get it. so no one that currently sits in pretty much any office except it appears the mayor of miami.
but do we actually believe her
who cares, get sandy cortez off the ethereum reddit. she is apart of the downfall of politics
she is so full of shit of course she does aoc am not known for honesty!!
this woman’s failed attempt at moral superiority does not cover up any of her garbage policies. just because she smiles while saying fuck you does not mean she is not saying fuck you. people need to wake up. if she thinks this is a good idea, it’s because she will benefit from it.
except her boyfriend is prolly locked and loaded on bitcoin the way deeply corrupt pelosi always had her husband use her inside info imo. dc is a den of incurable corruption and thieves. they are the paragon of "power corrupts and absolute power corrupts absolutely". we need a convention of states to flush all the turds out imo.
not a bad take, just not really something i'd take at face value. there's no way of actually knowing if she holds true to this or not
how can you make reasonable decisions about something if you do not exist within that space? it can lead to the same policy put forward that taxed crypto based on it being related to crypto in any way, which doesn make sense in many cases.
yes. but who gives her contributions? smoke in mirrors my friends
she’s really saying she too corrupt to hold coin
no one is as impartial as they say they are.
can you tell nancy pelosi husband to stop insider trading? you see how this clown show never ends. include your family members in that statement or it is complete garbage. you all just fell for some bullshit.
look a politician, let’s believe what they say.
but acctually she is taking a stand. by only holding dollars she is taking the stand of betting against bitcoin.
and we believe this liar why?
god bless you. kinda confusing though, i've never known a honest woman.
oh great a ex bartender dealing with nations finaces
nothing with this woman is a good take. why is this on ethtrader?
how bout they can hold crypto but not pass legislation on it?
hasn't stopped nancy pelosi from owning stock. i bet all the democrats own stock they have not declared
she is got monero!
well...she is still pretty new and a slow learner...give it about 6 more months for her to figure out how to make bank
classic example of someone so naive about life. shes still too young
why is she so based bros?
no, terrible take. she’s a socialist that wants to use the power of the federal government to rob people of their personal wealth. she makes over , other than writing garbage policy. also makes five figures to speak at political conference’s.
horse mouthed hustler. nuff said.
communists can’t buy crypto.
don't read the bullshit from masked people. it's all a brainwashing.
poor investing advice but good political stance if true
you heard it here first guys i officially hold more btc than aoc!!!
another day another dollar lol, you guys also seen this thing from tes??? giv eaway is now, do not miss your chance you will hate yourself. help your eths balance at . merry xmas everybody ;)
like any broken clock she’s right twice a day.
well, she still holds usd, and as long as her future financial situation is dependent on her stature as a legislator, she is going to have a financial conflict of interest... if she did what harry truman did, and swore off paid speaking engagements post holding office, then maybe she could endeavor to become impartial. as it is, prominent politicians and government officials make millions as lobbyists, or for paid speeches, after they leave office.
eh, i feel like that’s an excuse to stay ignorant about what crypto is. all the representatives that are against crypto legislation are people who understand it because they hold it. they definitely should hold stock in what they would legislate on, but crypto isn’t an investment asset. that’s a very uniformed view of what it is.
very noble of you but your contribution is like 🚰💦🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🌪🌪
she’s needs to asked, “does she support cryptocurrency?” not “does she hold it”
lmfao she holds for sure... shorty suck my soul... get the cash app... i'm pretty sure i sent her some as a tip for one her drinks...
it's because she is not financially literate... not because she is a do gooder. because she is not. she is gen clueless about how money works. it's idiots along with corruptt politicians like her that have destroyed the american currency.
how do i throw shade at pelosi without throwing shade at pelosi
she need to go back to crying at empty parking lots.
counter point… they can own all the stock they want… we just shouldn’t pay them. congress should be a public service.
she’s too dumb to invest in stocks or crypto
tell that to nancy pelosi who bought tesla stock and then added the tunnel project in the infrastructure bill! the boring project is owned by elon musk and the tunnels are fully compatible with tesla vehicles for autonomous drive. nancy should be charged with insider trading.
every politician in the us have lied right to our face this is no different. i would say aoc is absolutely no different except that she is delusional as well.
but it is a currency, she should not hold usd either then
aoc claims to be impartial, yet pushes for sudent loan removal, when she stilll has an unpaid . she pushes to "tax the rich", yet lives in a luxury apt, drives a tesla, wears designer clothes etc. hypocricy and virtue signaling, that is all it is.
i think it is fine, but also virtue signaling. she could establish a blind trust so there wouldn't be a conflict of interest.
meet kevin made a perfect video on this. while she makes this claim, she still tries to get student loan forgiveness when she herself has student debt. isn’t that hypocritical. we should instead have instant transparency when it comes to congress people’s investments. she also lives in a lavish apartment and says she does for the the clean air
🤣😂🤣😂 i cannot stand her
she’s a useless puppet so who cares?
bitcoin is not a stock. i hope that one is not on congress. it's an idiot.
i think everyone will agree with this regardless of their politics
i have absolutely 0.69 issue with this cuz she’s doing ama on insta, she should’ve chosen reddit for interesting questions
now… i’d like to see thisclosures on all other members of congress and the senate’s holdings. i’m sure i’m not the first to suggest this, but if every elected official had all their assets in a public forum, we might feel better about their clandestine and insider investments. just have a bot mirror pelosi’s trades for the win.
would you say investing via mutual funds or index funds, or other kinds of financial products is ok? perhaps simply make it so that there is scrutiny on their portfolios, either by sec or other institutions, so that they cannot do what is essentially insider trading. if this happened, they could not invest in say, airbus before they sign a juicy contract with the government, then sell it shortly afterwards. if they do, they could be charged with insider trading.
yes but the problem is there’s too many loopholes with lobbying as well
i mean i guess so... but fuck if i could not hold cryptocurrency or stocks. i'd much rather that than be a member of congress.
key word is "should" not. it should be expressed as "shall" not.
kind of agree with you here, but on the other hand it is important too because more politicians understand crypto, the more chances there are that they will not just ban it.
that’s so stupid tbh then we should ban all influencers and celebrities who can influence the price of a coin too. crypto is what it is because there are no censorship and it’s for everyone. we don’t want to turn it into the next dollar.
why? they can do the same with fiat dollars.
so basically if you are a politician, the government you represent will continue to debase the currency and you hold little means to hedge against the massive incoming inflation in order to stay impartial? i don’t necessarily believe that putting your financial livelihood at stake in order to stay “impartial” makes a lot of sense. bitcoin was literally invented as a means of protecting the people against poor fiscal policy of central governments. there is no inherent conflict of interest in owning cryptocurrencies especially if it is a cause that you believe in. as long as you thisclose your position and the reasons behind owning cryptocurrencies i see no issue with this.
so are members of congress just supposed to divest themselves of all assets when they take office? there are literally no assets they can hold that they cannot impact with policies. real estate? fiat currency? stocks? bonds? they make policies that impact the value of any and all of those assets.
i am a big fan of aoc, but this is a terrible take. i agree that elected public officials should not make trades with inside information. i thisagree wholeheartedly that ownership of any asset precludes effective government. that idea is absurd.
i think the right answer here is that they can and should be able to hold assets like crypto or stocks, it just needs to be public and it should be illegal to make any trades with inside information.
fck that i see that as an advantage for swing trading
wouldn't this provide them a personal incentive to avoid ruining the economy? the whole "i'm not involved" is like saying, "i should not make laws where i live or i'll be tempted to make laws that benefit me" like... yeah, that is kind of the point... you make laws good for yourself and others benefit from them as well who live in the area. unless they are regulating specific companies or making laws specifically affecting themselves, broad involvement is good. then they have "skin in the game" so they will care more about negative side effects. hard to zone a garbage dump in the area if you have to smell it. easy when you do not live there.
and that is exactly what they will do. believe half of what you see and none of what you hear. more than half the politicians in this world are involved in the very thing they claim to be against from giving government contract to friends...
did someone forget to tell the speaker of the house this?
its the very definition of a conflict of interest.
yet here we are with most elizabeth warren and pelosi hailed as the hero of the people
bs answer. is she not gonna hold money too cause they can impact the price against other currencies?
have you heard of nancy pelosi?
should they hold usd?
they all do and she is 100% lying. edit: there's literally a website that tracks buy. [link if you'd like to educate yourself.](
yeah, that is a very ethical stance to take. kudos.
i'd love a law for this yesterday
i think index funds are a good compromise. it's a little unfair to expect they forgo retirement savings and interest during their time in office.
she knows something bad
that's cool she just words up her family members like they all do.
she holds dollars though. this makes her biased towards u.s. dollars. she is biased against anything that could threaten the value of her salary + savings.
there’s a lot of other answers she could have given. but yeah, this is the best.
a clear and direct response, would be good to have people like that in power.
"i only buy eth" would've been better
i don’t see why you couldn’t have someone else manage your stocks instead, gains should be for everyone.
that does not make it the truth!
while i agree with the answer, that doesn’t mean she’s telling the truth. politicians kinda have a reputation about truth telling 😅
so the worst answer as well?
they all do this. it's just coincidence their blind trusts earn 600%.
if this thought process was rewarded somehow then it would. unfortunately it is quite the opposite.
its almost like people should vote for more individuals like aoc (also more people like her should run >\_> )
or the entire government.
>remember that fucking senator who sold all his assets when briefed about covid before the nation was alerted about it and went into quarantine? his name is richard burr. fucking use it so people do not forget. what's extra spicy is he told people he did not think it was a bit deal.
ocasia cortez derangement syndrome lol
yeah people are so dumb. for example i think cruz is a gnome but i definitely appreciate his open mindedness when it comes to crypto.
i can’t stand her at all, buuuuuut she got this one right
what? the vast majority of comments are praising her and her response
completely agree with your first sentence, but what do identity politics have to do with it?
its pathetic how so many ppl on here think this is a good comment simply because aoc said it, without realizing the ramifications of someone “making” policy that affect investment and doesn’t own said investments (and also knows nothing about them). identity politics have ruined you.
true, cannot forget that time she pretended to be crying near that border you guys have or that one time where she let her abuelita living in a house falling apart while making hundreds of thousands per year, such a kind honest soul. americans lol
and takes a drink
the real conspiracy: nancy pelosi is satoshi
100 fucking percent right here. ✅
this isnt a conservative vs liberal thing. ever look at pelosis stocks?
wouldn't that also create a bias towards passing or not passing laws that affect crypto? such as sensible regulation to prevent scam coins or scam exchanges? any whim of regulation usually wreaks a level of havoc on the crypto markets so a mutual fund does not solve anything.
this is a good counter. i own but i really don’t interact too much with it just read about it. so besides seeing value go up and down me owning doesn’t provide me with more knowledge than people who don’t own.
i would bet the vast majority of people who own some crypto know very little about it.
can't she read research and hire consultants and advisors and listen to experts and call people before congress? i mean, she is on the financial services committee. i'd wager she has access to far more knowledge resources than most people, if she wanted to learn more.
what lol? have you ever served in government and helped make laws? can we really trust you to vote someone in who can make good laws and all if you’ve never personally helped make laws?
she could get the dickle fursuurr
she is retarded. thats about everything about that twat
suppose we'll know at some point - but i'm pretty willing to believe this
you do not belive that she does not hold btc or stocks? why would she lie about that
she is waiting to buy the dip
in what way do you think that this would ever matter?
yeah sure. can't wait for usd to gain 60% in value in a year...
bennie dancers sanders is historically one of the poorer members of senate with a net worth of under .
lawmakers are not the same as celebrities. they're not followed by paparazzi and fashion magazines do not talk about what brand a senator's suit is or what car they own. your take is not based in reality
this is a dumb take.
what’s the implication here?
she attended bu with a degree in both international relations and economics, and she graduated with honors. i'd say she is qualified.
i forsooth concur with what the lady hath said, but i findeth t hard to believeth *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
of course the lady doesn’t invest, who is't doest the lady behold like, nancy ‘my new buyeth signal’ pelosi? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
what has she done?
she’s elite ruling class now and protect by the justus system.
actually, she does not. she would 100% agree on student debt relief
much rather have my student loan debt paid off than another 10,000 tomahawk missiles.
you can google her personal finance thisclosures, as well as any other congressperson. if you're actually willing to wager your eth on something so easily verified i'll gladly take that bet and add the cheapest eth ever to my stack.
the article you linked does not support your claim.
it's a wonder then you're never right
i've upset the aoc fanboys lol
i think you are referring to republicans…
most pople can understand how a widget works without owning that widget for themselves. maybe you cannot, but most people really are capable of learning abstract ideas.
i’m pretty fucking sure she’s honest. if cnn and fox news slams her then she’s obviously not part of the club. so that’s enough for me to know that she’s not part of the elites.
hi saucemaster145, you have successfully tagged the parent submission by the title of "*good take?*" with *media* flair. *i am a bot, and this action was performed automatically. please [contact the moderators of this subreddit](/?to=) if you have any questions or concerns.*
yeah, or even worse, trading options. and it needs to extend to spouses. for example, pelosi's husband loves trading options.
just like we charge the current politicians that flagrantly engage in insider trading basically out in the open?
obama put his investments in a blind trust while he was in office. this should be standard operating procedure for government employees in general.
there blind trusts, where the beneficiaries do not know what they hold, to address exactly this.
i think it’s fine that they can buy and hold mutual funds and index funds, especially if it’s just on an automated pay check purchase cycle like most people. i agree with her point that congress should not hold or especially actively trade individual stocks.
yes you can invest in mutual funds or index. they just need to be held to same standards as those who work in in investment management
if the (pretty substantial) salary plus benefits plus the privelege of serving your countrymen is not enough for you, then get a different job. go private and be a self serving scumbag there. at best, they can buy into a pre-approved mutual fund or something.
etf’s should be ok. i work in the financial sector with dual insider status. we need to have pre-approval for all our buys and we cannot buy stocks that are listed for various reasons. however etfs we can buy without approvals, because we cannot really gain anything from buying those
people should vote on their representative's investments.
i think index funds or broad market indices are fine. saying they can only have cash has its own set of problems, but as someone mentioned there are already blind trusts.
yeah, i mean this is what a blind trust is for. congress is not required to have a blind trust, and apparently the president is not either. there are some rules in place, but not consequences.
blind trust is what should happen. if you do not want to give up control over your assets, do not run for office.
if you go into office with a portfolio, would you forget what was in it? or if you owned a company, would you forget it? a lot of senators and congressional reps own companies or lots of shares. some of them have been investigated for insider trading. they get a wrist slap or absolution from their fellow traders in the govt. they cheat. they lie, and then they lie about cheating.
yes there will always be loopholes and corrupt politicians but things can improve. at least it will be better than what it is now. a current us congresswoman's husband has been trading stocks right before any news breaks out, he is been one of the greatest traders of the past decade
lobbying + campaign finance. we have governor races that cost . also need to repeal the media ownership rules repealed by the telecom act of 1996...clintons, dems, and republicans all agreed than limiting media ownership would create more competition and lead to a more diverse media. instead we got near-instant consolidation. huge media monopolies formed. and news turned into a ratings chase intstead of news.
all these loopholes and >!im not in yours!<
which is how it should be. if you cannot separate yourself from stocks while in public office, you're not a good fit for the job.
how about this. both sides are dirty as fuck. only a small group are sorta honest and ethical.
fiat dollars are created at the whim of the chairman of the federal reserve bank. and the fed, despite its officious name, is not at all a government entity. and the chairman is not a public servant. his appointment is made privately, and is merely confirmed by congress as a formality. politicians do not control fiat dollars. bankers do.
she said individual stocks -- index funds would still be fine for her to hold. yeah there is still the opportunity for insider trading (e.g. selling right before the announcement of a new covid strain), but it is lessened. policy that affect a specific company or even industry would have much less effect on the value. perhaps you could make it so that trades need to be scheduled weeks in advance, like i have to do at my company if i want to sell vested stock grants anywhere close to the quarterly earnings report.
blind trusts exist. you can hand your money over to, say, vanguard. the way everyone does. vanguard invests your money. you can monitor performance, you just do not know specifics, and cannot give them direction, except to change the manager. you could have someone else manage it if you're unhappy with their performance. they still want to maximize your return. it's what obama did and pretty much all presidents before him. it's very common, particularly among judges and lawyers and officials of all stripe. there is room for corruption, though. in particular, the people managing the trust want something their client has - insider info - and the client wants money, so there is definitely been some blind trusts that weren't so blind, but at least at that point you're talking actual crimes and not just ethics violations. we should be particularly weary of blind trusts where the manager has direct relationship, or the manager is some small firm. the thing is, without insider trading, it is really hard to beat a general index anyway, except by luck, so a blind trust am not a bad deal.
the fact that you think people would not make trades. if someone knows their stock is going to tank they will exit. they're not going to sit there and think 'herp derp, i'm a government official, guess imma lose a few mil next week because it would look bad if i cash out' - all politicians are selfish and narcissistic anyway, they do not care about your opinion. second of all, if you're making a law on a certain type of legislation where your vested interests could be affected, wether you say you're biased or not your decision will incorporate what's best for you also, so yes you will be tainted.
what you're asking for is impossible. humans *cannot* act impartially on matters that affect them personally. any person who says differently is a person who is being deceiving for their own benefit. *we are not machines, therefore we cannot behave as machines do.*
unfortunately most people in congress would not agree with her
it’s not ethical at all. donate your profits. but at least make sure you understand how the system works. there’s generations of politicians who legislate financial services with worse idea of the financial system than a 16yo with robinhood accounts. can’t regulate what you don’t understand and never used.
i mean, 2, so they have money from elsewhere.
yeah, maybe... i dont think she would be the type to do that though as she stands by her morals. i believe that it is the correct way to think about these sorts of things though
exactly. she probably has an llc just like all of them were she can say oh i do not own any but this company does, they own the funds not me. she is a pretentious liar as always.
what should she do? put all her money into crayons? or would that make her pro-crayon
kinda impossible not to as a citizen of the united states working for the government of the united states.
that’s how she gets paid.
so she’s biased towards the american dollar…if she is the greedy, corrupt politician you say she is, at least she has a vested interest in strengthening the dollar, which ultimately also benefits us. i’d much rather that than some politician making bank off of pharmaceutical profits at our expense.
you know when something is funny but you don’t laugh you just kinda smile hard. that’s what i just did.
why wouldn't it be
most members of congress do not bother with a blind trust. they aren’t required to hold assets in a blind trust. there are many examples of members of congress openly trading assets based on their access to sensitive information, such as:
not just sold his own, but also gave a heads up to his brother in law, so he could sell too
he was not alone, a bunch of them did it.
she lives rent-free in too many peoples’ heads. she’s more left than i am by a fair margin but the answer to her question was as good as it gets and her commitment to doing her job ethically is admirable as fuck.
i think its more that he is funded by the crypto lobby, and there are a lot of crypto miners in texas.
she not known for honesty
why are you trying to add something completely unrelated (social spending bill) to her statement here? it's like you're fishing for any possible excuse to thisagree with her.
red team vs blue team
yeah, this is not identity politics at all. folks not liking aoc has nothing to do identity politics.
if i had investments i would never take any decision that would ruin those investments which is absolutely the wrong way of doing things.
so buy stock, propose bill for subsidies, check with other legislators to see if it is going anywhere. if not, sell on the news of the bill. if so, hold and sell when it passes. if it is a lot of money, hold longer. no.
i appreciate you proving my point and for pitching the absurd idea that insider trading should be acceptable. unreal. 🤦‍♂️
>its pathetic how so many ppl on here think this is a good comment simply because aoc said it, show me one.
i think its a good comment because it is. i do not care who says it. you're telling me you wouldnt agree with it if whoever you support for congress said the same damn thing? stop fighting windmills we're all on the same side.
i say it is a solidly good comment and then you somehow think i believe those in charge of economic policy should be investing in that which they are regulating? lol. how'd you come to that conclusion my dude?
ah yes let us focus on two things youre misinformed about and cherry picking
couldn't get anymore chill if i tried.
nancy pelosi is just lucille bluth
more believable than craig wright being satoshi lol
it depends on how you define liberal i guess. i just mean, do you mean liberalism? as in the branch of conservatism? or do you mean liberals as progressives?
pelosi is a conservative within the democratic party
how is that even a remotely good counter? do you have to have interacted with everything you have any knowledge about? what are books and reports for? what are educational courses and learning programs for? plus we're talking about members of congress, they have access to advisors and tonnes of materials and analysis on topics. they can also compel expert witnesses to testify on said topic. you do not need to have direct interaction with everything to be able to pass laws about it.
most people believe moderately pretty girls. it’s why i was a demon selling authis
because she can make money
why would a chick lie? especially one in government? for any or no reason. for fun.
to see who’s take is not based in reality do a search engine search of aoc fashion. by the way i wonder how many “progressive liberals” decided to buy a tesla because she drives one. oh wait. new green deal. tesla. dots connecting. be interesting to see if any of her family owns tesla stocks. carbon credits maybe.
i did not figure a “progressive liberal” would ever understand the the hypocrisy that i pointed out since that is the foundation your moral and ethical house of cards is built upon.
shakespeare-bot, thou hast been voted most annoying bot on reddit. i am exhorting all mods to ban thee and thy useless rhetoric so that we shall not be blotted with thy presence any longer.
i got excited for this notification but then i read this and now i wish i wasn’t alive anymore, you’ve ruined me
easy there. let me ask some questions. yes, you are correct. but if you are in charge of that thing you need to know more then theoretically how things work. you need to get your hands in it. and if you’re not a complete douche and liar then you should be able to control yourself and not cheat. because cheating is wrong. i’m not sure if there are any people like that who currently serve in dc. if there is i’m open to learn. i’m bullish on the us long term. i think there is a group of people about to gain some influence and it’s probably not going to be a bad thing.
how do we follow her husband's trades?
it's literally his job.
yep, that sounds like the most fair solution to debiasing their investments.
just put them on the same rules as executive officers of a company. specific buying schedule, and have their plans for sale publicly available. there are also specific times that execs can sell their shares, typically within x amount of time following quarterly results.
i think you are automatically assuming that any investment they make is insider trading. thing here is that they are not properly prosecuted, not that they have the freedom to invest assets however they see fit so long as it does not make them liable to insider trading.
that makes no sense whatsoever
i love how everyone focuses on the pelosis and leaves out the other 8 republicans who did the exact same shit...lol
yes what about the pelosi’s
in other words, it is not "federal" and it has no reserves.
i'm not asking that elected officials act impartially. it was never expected of elected members of the legislative branch to write laws "impartially." their job is to legislate. if they fail to do so in the best interests of their constituents, then their constituents will not vote for them. if they want to own any type of asset, let them. if they want to legislate in their own best interest, let them. that's part of what a democracy looks like. i choose democracy, with all its warts, over any alternative. i'd hope that the citizens of any congressional thistrict would require their candidates to thisclose personal financial statements and information. if candidates choose not to and their constituents vote for them anyways, that is democracy operating as it should.
you can understand how cryptocurrency works without building a financial stake in it. half the people on this sub have no clue how crypto works.
you seem the trusting type lol
have a source for that sauce? (legitimately, i am super curious)
snowflakes with the downvotes lol
>what should she do? put all her money into crayons? or would that make her pro-crayon not live in a fantasy world. you cannot live in this world without being biased. she is a shitstain, just like the rest of people in congress.
yes, so she is biased. and should not act like a saint.
politicians can hide information. i'm not saying it is not true.
she lies all the time like being in the capital on the 6th her grandmothers leaking roof she started a go fund me for. shes nothing more then a political pawn she has not real value to her party other then being expandable
there’s a lot of us traders who have been following pelosi’s portfolio for a while now. if only we could get in when she does lol.
that’s lot of republicans…
haven't heard this, do you have some examples?
and you notice how her statement does not include friends and family members of congress. nancy pelosi husband is notorious for insider trading.
cognitive thissonance. it’s what happens when you’re told that aoc is an out of touch, idiot, slimy politician who goes against everything you hold dear, but then you see that she has an unquestionably good take. gotta resolve that cognitive thissonance somehow.
if that were the case, then those folks would spend more time talking about the policies and ideas than hating the person behind them. and it is not that way at all. these people (perhaps even you!) need boogeymen in their lives and she is one of them.
investments are an essential part of a functioning economy and crucial for the long term wealth of individuals. there’s nothing wrong with politicians owning investments. its how those investments are handled that becomes the issue. this is a chilthish, all-or-nothing take that has no business coming out if what is supposed to be an adult helping to shape policy.
ummmmm…are you expecting me to thisagree with you?
you obviously have no clue what you’re talking about if you think that what i said endorsed insider trading, or proved your point in any fashion.
nearly every positive comment on here? and every one that thisagrees is downvoted to hell? i mean…its obvious.
i thought your comment said "it is pathetic how many of you accept this is a solidly good comment simply because aoc is the one saying it " idk, i'm tired trying to sleep and getting heart palpitations from minoxidil but my bad >.> we're on the same side
please prove me how am i misinformed lol
just don’t let ‘em get you down bro 🤙
we'll see lol. i do not believe it but he won his court case. if the coins start moving now that he does not owe anyone else the fortune, i'll believe it.
pretty much what i said after good argument. what i meant was on the surface level. agree with all your points.
not too good at reading public thisclosure forms, huh?
seems like that tinfoil hat is on a little too tight
you did not actually point out any hypocrisy. you just had a really dumb take. so dumb that you actually partially agreed with aoc without even realizing it because you did not fully read her statement. then you made another really dumb take by assuming you know anything about me. you're on a roll.
it does not. either you did not read it, or your reading comprehension is reprehensible. perhaps there are other articles that do support your claim, but this particular article does not do so.
>let me ask some questions. okay. ask.
nancy pelosi and her husband are the best inside traders around.
here ya go edit: someone else posted. but basically buy aapl and tesla
i heard a news story about just this a while back: [
i think a twitter account posts all her trades and she has said he mostly manages both of their trading accounts iirc.
there is actually a twitter account that posts all of her buys. i wanna say its or something but i cannot remember.
there is a twitter account that tracks pelosi's trades and portfolio. if you had gotten in on nvda when it was announced she had a play you could have made some decent gains. i also believe they have some ridiculous call options on nvda so it may not be too late to make money there. not fa.
there’s a law requiring thisclosure and apps to track it. see quote and source below. it’s debatable whether or not congress member picks do better or not though. different studies over the years produced different results. “josephs is the co-founder of a company called iris, which shows other people's stock trades. in the past year and a half, he has been taking advantage of a law called the stock act, which requires lawmakers to thisclose stock trades and those of their spouses within 45 days. now on josephs' social investing platform, you can get a push notification every time pelosi's stock trading thisclosures are released. “ [
i personally do not believe options trading should exist. it's advanced gambling unless the trader has insider knowledge.
yeah but it sounds like a lot of work and faith required to have people dedicated to overseeing that our elected officials are not being corrupt. it'll never happen, but would go hand in hand with term limits, and separate the drive to become rich and powerful from the desire to serve your country. they get paid plenty already. they should err on the side of caution and focus on doing their jobs well, not enriching themselves. plenty of private jobs have trading restrictions, why do policymakers get less scrutiny? either way it wom't happen.
what don’t you get? just aligning the politicians priorities to create policies that benefit them by helping companies that the public deems “good”. not saying it’s possible obviously.
that's who they are talking about...
it's a problem across the board and should stop across the board. it's not about bad people. it's about a bad system. people will do what they can get away with.
>what about whataboutism whataboutism or whataboutery is a variant of the tu quoque logical fallacy, which attempts to thiscredit an opponent's position by charging hypocrisy without directly refuting or thisproving the argument.
yes. also, in other words: a dollar is worth exactly whatever the chief banker says that it is worth.
we do not live in a democracy. it has never been that way in the us. we have representatives. i want then to represent me (and you!), not their own self-interests. and since they are human and that is impossible, then the closest we can get to that is to limit what those interests are. nobody put a gun to their head and made them choose politics as a career.
it’s complex systems. you can’t. you can understand a single asset. good luck with regulating 918 one by one. you can’t slap the same regs for everyone. different mechanics, products, outcomes, risk. baffle me me how crypto people praise this and then moan when regulation screws them. you’re literally welcoming ignorance.
but it is aoc you supposed to love her and do not even try to ask for proofs, downvote him guys
sure is, for all the media talk about pelosi’s insiderish trading, not much talk about the above list.
well one time she said "keystone xl" when she meant "keystone" when talking about an oil spill and the right wing went crazy that she was making things up. but the spill actually happened, she just accidentally added two syllables. imo she is as honest as they get in politics, people who do not agree with her just like to blow occasional mistakes she make out of proportion -- mistakes that almost never affect the actual argument she is making. she is just held to higher standards than most because they want any reason to thiscredit her.
she did a photo shoot with a "fence" pretending she was at an illegal alien detention center. videos of her with a group of people with masks on, minutes prior to the photo being taken nobody was wearing a mask. pretty sure that makes her a shill.
its a personal choice, not a mandate. how could she stop other people's family and friends?
are you people honestly this fucking stupid, or is this all just a performance piece. i am sorry that so many people failed you in your childhood.
accurate take for sure.
maybe folks thislike aoc for her party's use of identity politics, but the top commenter is suggesting that folks hating on her is some form of identity politics. that's not how any of this works. personally, her take is fine, but she is still a politician. politicians' words and actions do not always align.
let them buy us savings bonds then
the thing is that you cannot trust people not to be influenced in making decisions if it would hurt them financially. we should try have the most unbiased politicians. they get a state pension that covers them for life so they do not need investments
>its pathetic how so many ppl on here think this is a good comment simply because aoc said it haven't seen a single one, but from what you've said it is easy to tell you're thisagreeing with with aoc and not the point she is making. >without realizing the ramifications of someone “making” policy that affect investment and doesn’t own said investments this reads like you saying one should not be allowed to make policy about investments without owning said investments. you'd have to be a gold medal mental gymnast to not see the conflict of interest there and clear path to insider trading. now if that is not what you meant, you may want to work on how you word things.
yeah because it is fucking stupid and so are you. being vested in something will automatically make you biased towards taking action to protect or benefit that asset. she is simply saying that this very bias should be eliminated. poll after poll shows that this is what the overwhelming majority of people want but it never gets passed because 98% of politicians are corrupt sons of bitches and the likes of aoc and sanders have no real passing powers on laws like this.
please show me a single comment in this comment section that says this is a good thing only because she said it. just one.
damn dude, put down the phone and go rest. hope those palpitations get better and you're well. rest up.
never that my dude!
he’s had like 5-6 years to move coins lol. if he moved coins from a satoshi wallet i would believe it. his is court case had nothing to do with him being satoshi though. ira won , but i guarantee calvin ayre is footing the bill. he still has the hodlnaut and copa lawsuits coming up, but i don’t expect him to win. i think copa is going to embarrass him.
not too good at understanding people have family huh?
as you wear your face shield and 3 masks. don’t forget your 97th booster.
taking about 5 minutes to look at your reddit posts are enough for me to formulate a fairly accurate profile dumb ass.
thank you, dkentl, for voting on bot-killer-001. this bot wants to find the best and worst bots on reddit. [you can view results here]( *** ^(even if i do not reply to your comment, i'm still listening for votes. check the webpage to see if your vote registered!)
definitely the reading thing or the comprehension. possibly a bit of both.
most of these are probably his: [ you can use edgar on the sec site if you're a savvy with financial docs, but i have not tried it in a while, so i'm not sure how to use it. paul pelosi might have trades under his personal name or an llc. not sure if these are thisclosed as public records. there are also people on tik tok tracking his trades.
along with an entire crew of republicans...make sure we count everyone in the boat...not just your favs.
i dunno, mnuchin isn’t doing too bad. let’s also not forget about the carlyle group.
ok. i thisagree, but i'm just pointing out that he is a vc who owns a firm so obviously he is going to be active on the stock market. he's also not the only one exercising his tesla leaps when they expire.
it's their money. so long as they do not make any suspicious moves, they can invest it however they want. if there is a suspect of insider trading, then there'll be an investigation and a trial if it comes to that. just like with any other citizen.
he gets what you mean, it is just an awful idea. crazy capitalism for no reason. these are elected officials, not stock proxies.
i think she haunts my dreams like they theorized about in salem
man is this reddit’s hot new logical fallacy? the fact you even described it lol this isn’t even a case of whataboutism lol
this is not even what you are attempting to describe. it is literally the person referred. it is not even an argument, by definition. it cannot be. it is almost like you are attempting to thiscredit an opponent position by charging hypocrisy without directly refute or thisprove the argument. what is the intent? an attempt to marginalize pelosi's poor ethical behavior by deflection to a supposed person's credibility? the fact that reddit is digging up shitty labels in an attempt to continue to dehumanize individuals or groups is a terrible reflection.
great work now tell me about the sunk cost fallacy
yes we do. spare me the definitions of what a pure democracy looks like. i understand our government quite well. seeing as we live in a democratic society, you are entitled to cast your vote for people to represent you or that you believe will govern in our best interest. elected officials can do both: effectively govern in the interest of their constituents and own property in the form of equities and crypto currencies. no one is putting a gun to your head and making you choose to vote for anyone. that's the beauty of the system. by allowing you to cast your vote any way you see fit, you can do your part to achieve what you believe is important - electing officials whose interests align with what you believe is right. as a general matter, we want to encourage public service. by limiting what assets an elected official can invest their capital in, you thiscourage public service. quite honestly, your idea is a terrible one. however, your idea to vote only for candidates that do not own anything that might conflict with their ability to govern explicitly for the people is a noble one, if entirely impractical.
maybe it is because people know who pelosi is, and nobody knows who the fook these stooges are unless you live in their state. *most* politicians we can assume are profiting financially. its not a right vs left issue. it's an issue.
media is a business and which party that wants to cut more tax for media?
the fence incident is rated false by [politifact]( and posts about it were removed on facebook. i think putting on a mask for that photo was about projecting a message and being a role model during a crisis. she was outside, but the photo would not capture that and would have been used against her too. i would say she is not being thishonest here. do you have any stronger examples?
call her thishonest but that is not what a shill is.
lets stop with the thishonesty. everyone on reddit has a failed childhood. give me break oh high and mighty one.
i’m getting downvoted above because i said “red team vs. blue team” isn’t identity politics. lol
lol. so they should just accept that pension and not try to better their lives? c’mon. yes we should have unbiased pols. not owning investments is not the way to do that.
“haven’t seen a single one…” so i guess you just don’t understand how to read between the lines. “you’re thisagreeing with aoc, not the point.” actually, no - thats not it at all. but i understand that its hard to understand that when you are so consumed with identity politics. you think it reads that way because you can’t understand nuance, as can so few these days…
can we keep the insults out of thiscussion please.
way to prove my point.
i appreciate the well wishes 🙏 i wish i could sleep, that is the problem :( i have anxiety too shit had me so tired at school today. anyways have a good night my guy ❤️
>his is court case had nothing to do with him being satoshi though i thought he had been barred from accessing the wealth until the question of who owed the 1.1 million btc was resolved.
they have to thisclose information about their family members too.
ah yes, the old "anyone who is not hardcore against the vaccine is a scared, overly cautious baby who takes vaccines like they take vitamins and requires a full biohazard suit before they can go outside"
lol! imagine thinking you could build a profile from someone's reddit profile when all that person does is comment on ethtrader and has a single post on, wait for it, ethtrader. what's the data tell you, buddy? is it possible that i like eth? you're a regular fbi agent with this level of sophisticated analysis. 🤡
good bot, let’s start a bot battle here
looks like he traded every stock in the meta etf individually.
i do not play red team blue team they all suck.
>vc who owns a firm so obviously he is going to be active on the stock market. he genuinely does not need to be. let him invest in real estate. or startups. just not publicly traded companies. also, ideally we would have term limits, so it is not like he would be giving up his career forever.
> it's their money. so long as they do not make any suspicious moves, they can invest it however they want. if there is a suspect of insider trading, then there'll be an investigation and a trial if it comes to that. that's the problem though. they always make suspicious moves, and there are never consequences. it's a problem.
it’s a joke. calm down. and there’s no investigation coming for any of them anyway.
not gonna fix it with politicians the way they are, anyway. i could criticize people the same way for thinking so idealistically. it’s just as unrealistic and idiotic. might as well have our votes align with things they already do.
sounds like a **you** problem.
>yes we do. just because you keep saying it does not make it true. i stopped reading not long after after that, as it was clear that your thoughts rely on fictitious concepts to be true and i'm not a fan of magical thinking. good chat, though.
politicians are elected representatives of the people. this is a dumb fucking excuse for policy makers and media propoganda.
nonononono you don’t understand there is a left wing media bias!
>the fence incident is rated false by politifact and posts about it were removed on facebook. lol
so you're saying she was at the actual detention center? yeah right.
the editor of the fact-checking website politifact on tuesday told fox news she was standing by an article supposedly debunking claims that alexandria ocasio-cortez had posed for a photo-op crying outside an "empty parking lot" last year, despite online mockery. previously unpublished pictures of ocasio-cortez in tears near a border detention facility in tornillo, texas came to light earlier this year when a photographer, ivan pierre aguirre, posted them on his twitter account. observers quickly noted that aguirre only posted photos of ocasio-cortez crying, without clearly showing what she was looking at -- and, after other photographs came to light, it appeared there was not much in front of her. politifact on tuesday announced that it was unequivocally "false," however, to claim the freshman lawmaker was crying in front of an "empty parking lot." they're claiming false over parking lot. it was a dennys
a person who pretends to give an impartial endorsement of something in which they themselves have an interest. so she is not pretending to endorse mask wearing while having some other interest?
ahh so yeah you’re just a fucking moron, you’re too stupid for this to be an art piece. nah i had a wonderful childhood with loving and adoring parents, probably why i didn’t turn out to be such a dumb cunt like yourself.
do you have any idea how comfy politicians life's are. you think they need more money?. not everyone needs to be a multi millionaire
only a fucking idiot replies with a fucking stupid comment like that. that's exactly what your comment proved. my comment in no way proved your stupid non-point. it was a valid point that you left unanswered because you're a dimwit who's blinded by identity politics and has no real answers.
you can read the court documents, it specifically says the jury is not going to decide if craig is satoshi. ira had no reason to argue he wasn’t satoshi since he was just trying to get paid. craig is trying to spin losing . you can also sign a btc wallet without transferring coins. if craig says something there’s a 90% chance he’s lying.
no they most definitely do not they just voted against this, i’m not accusing her, i’m merely saying look deeper and ask more of these people don’t be a simp
🤣thank you for thisplaying who and what you are better then i ever could. anyone interested can look at all your comments on different posts 🤡
yeah you say that but still managed to single out one particular side...
it's not unrealistic. presidents do it. plenty of people in congress do it. the only thing that has to happen is for a potus candidate to run on it and it be popular enough (which it would be) to force its way into a bill. it's more sane than encouraging elected officials to endorse stock buys as their platform.
you take life too seriously in general
look man, your insistence that a constitutional or democratic republic is not a democracy is not impressing anyone after they graduate the 8th grade. your understanding of our government could best be described as juvenile. at worst, i'd describe it as completely lacking as to make it practically useless. your idea about limiting asset ownership of elected officials is absurd and bordering on nonsense. its entirely impractical and would almost certainty do more damage than good. i wasted my time trying to educate someone with the intellectual capacity of a grade-schooler.
yup. read the story about the camp closing [here]( then check it out on google maps [here]( you can easily compare all the images to see where aoc was when [the pictures]( were taken.
i'm not sure how you quoted that paragraph and reached this conclusion. [photos of the event]( \- do border patrol agents hang out in denny's parking lots standing in front of their marked cars holding rifles very often?
let me guess, according to you the detention center was fake but the child sex trafficking dungeons underneath the pizza place are totally real.
i did not have an opinion on her honesty until you came around with this take and your others in this thread, u. i never really paid much attention to her. i thought she was the latest flavor and would fall into obscurity when wokeness loses favor. can anyone recommend podcasts with her or something? are the other people she associates with not as bad as people make them out to be?
a shill is specifically someone who is secretly paid by a company to further the company’s interests. it’s more than just “she advocates for causes i don’t personally agree with”.
who the fuck cares. good for you little bitch. go cry to mommy.
who r you to tell them they can’t be? i agree with you re: pols life btw. it doesn’t change the fact that not owning investments is foolish and chilthish.
alright, i’ll try to help you understand. only ppl that are wrapped up in identity politics get this worked up over a comment a stranger made on the internet. you’re very upset, and its not because of me thisagreeing with her take.
>at the centre of the trial were 1.1m bitcoins, worth approximately ’s prices. these were among the first bitcoins to be created through mining and could only be owned by a person or entity involved with the digital currency from its beginning such as bitcoin’s creator, satoshi nakamoto. as far as i know, i thought he said that the private keys were in a trust and that he would move them once the trial was done? the trial was not about who was satoshi, but rather, does wright owe his dead partner's estate some part of the 1.1 million coins mined by satoshi. wright testified under oath that he owns the coins, but the jury ruled that wright did not owe anything to kleiman. i'm not saying it is him, but if it is, we should know in a few weeks.
you can literally look up the thisclosure laws and see that it requires them to thisclose info about their family members. you're not looking deeper, you're just being lazy and making wild assumptions that are easily thisproved. asking more of these people is like asking more of you; a waste of time.
comedy is not for everyone
stop embarrassing yourself. it's hard to watch.
can't wait for them all to find out that i really like eth and realize i'm not a meme shit poster with consistently bad takes on an industry i just learned about this year! oh the relief.
they literally mentioned one politician lol
nancy pelosi is an individual person not a "particular side"
stop with the what aboutisms. she’s a scumbag there is no denying that. she gets paid 200k a year how the fuck is she worth over 100 million? if that doesn’t make you sick you need to step back and reevaluate.
they mentioned her because she’s the worst of the lot.
just the most corrupt out of the bunch.
maybe that is because they were just recently on almost every news platform for trading. boooo! you fucking suck, nerd. edit: spelling... idk if it is me or my phone because i'm drunk, but this dude sucks either way.
they will never prohibit themselves from speculating on stocks. what fantasy land do you live in?
i agree with you about the other redditor primary argument. democracy and republic are not mutually exclusive, and that tired argument is like arguing that you do not drive a car, you drive a sedan. however, i do agree with other redditor that it has never been the design or intent of the usa to simply allow everything, and vote if you do not like it. our nation believes some things cannot be simply left to the majority. we have rules that can only be changed by 2, and 3(or the other way around) in the constitution. the government is bound by rules that go beyond simply voting. no one said "the government can tell you what you can and cannot say, but if you do not like it, you can vote them out of office". they very much did not take that approach. also, there is already a solution for this specific problem, which is blind trusts. it just needs to be bolstered and enforced. it is okay to give the government rules, and not just put everything on the power to vote. that has, in fact, always been the way.
i appreciate the personal insults, and your resignation on this particular political matter. good day.
i really do not care if you suddenly want to go suck her balls. knock yourself out.
both of you stop with the insults or you'll get a temp ban. u
hahahaha you cannot answer the question. you really fucking cannot. pathetic. absolutely pathetic. i get worked up over stupid people when they do not keep to themselves and you definitely are one giant dropkick
the jury ruled he owes &k a company that was started by dave and is now owned solely by ira. that means craig owes ira . he is trying to spin this like he is co-owner but that’s another lie, you can check florida’s records. craig has been caught forging documents and perjuring himself multiple times. testifying under oath doesn’t mean anything in a civil suit. the whole “tulip trust” has already been proven to be bullshit. if you want to read what’s really going on with faketoshi i recommend these articles:
they thisclose some of them. and there’s many loopholes. believe what you want, get vitriolic that’s ok, i’m just saying we’re far more fucked than you’re portraying do you know what the federal reserve is?
run along now champ. final fantasy and your safe space with a clinton for president poster is calling you. if i need a subject matter expert on the state of confusion i will be sure to call you.
yep, to the exclusion of all the others. its called a "lie of omission" one of fox news favorite tactics.
that's some great mental gymnastics bud.
really, we doing that bullshit?
you clearly do not understand how "whataboutisms" work. if you said "donald trump has been accused of raping children and spending time at jeffrey epstein's private "lolita island'" (which is true) and i said "well what about bill clinton being on board the lolita express jet owned by epstein"? that would be a whataboutism as i tried to use clinton's behavior to justify or excuse trumps. i made no excuse for pelosi except to say why single out her when there are multitudes in congress just as or more guilty for the same thing? picking one particular name or "side" simply shows your bias and ignorance. nearly all of congress is corrupt as shit. picking one name just shows your level of ineptitude, not your intellect.
she was rich af before she was in office. her husband is a very wealthy man. for the record, i do not like pelosi and she’s certainly guilty of insider trading. also, i believe members of congress should be barred from trading stocks, crypto, and pokemon cards.
how are any of them worth more than their annual salary?
got proof to back that claim up? she is definitely big on insider trading, but that is a very, very, bold claim to make.
i appreciate that the thiscussion is more nuanced than elected officials bound purely by a majority vote. if i didn’t mention it above, i think it’s common sense to outlaw “insider” trading among elected officials privy to sensitive market moving information. as far as asset ownership goes, i think it’s fairly obvious what approach the constitutional architects took. ownership of assets isn’t some novel economic construct unique to our current congresspeople. ownership of property was a necessary consideration and core value amongst those that constructed the blueprint of our government. my entire point is that government limiting what types of property elected officials can own is anti ethical and anti productive to our government. a far more appropriate way to handle that issue is at the ballot box.
that's what casting a vote is to you?
re: blind trust - yes, this is an adult way to handle it. this is not what aoc is doing, and this is not what those on this post are advocating for. hence, my saying this is a chilthish and foolish take. thanks for agreeing with me.
i'll take your changing of the goal posts as admitting you were wrong. 1. i never said we weren't fucked. you also never said we were fucked, until now. i would have agreed with that 100%. we're definitely fucked, but in no way, shape, or form because of aoc's statement here. 2. yes, i know what the federal reserve is. please spare me whatever your next conspiracy laden thought is.
it is the sequence of elon’s actions that angers me: 1) buys bitcoin 2) says good things about bitcoin, tesla accepts btc 3) sells bitcoin at a profit 4) says bad things about bitcoin being bad for environment his entire sequence is exactly the right order for maximum profit for tesla. how convenient.
i think everybody needs to stop worrying about elon and all the stuff that spews out of his mouth.
i think elon should accept cardano and
elon is a just a pump and dump guy, don't think he is really contributing to cryptocurrency future
yup, why comparing anyway...if there is an issue that need to be fixed, let us work on solution instead of saying "look on that side, they are not better !"...that is so reac.
if you compare btc with the whole traditional finance you lost your mind
this is asinine. lets just be honest and admit that pow is not a workable long term solution.
bitcoin should not compare itself with the entire banking system. bitcoin should compare itself to other assets.
facile analogy, which will inevitably strike a chord with the majority of crypto enthusiasts regardless of its invalidity. a fairer comparison might be to compare how much energy bitcoin mining uses against how much power mastercard and visa’s servers use, if you see it as a means of exchange
my thought is elon was really hypocritical. maybe he even did that on purpose to low the btc's price.
the existing banking system employs millions and millions of people while providing jobs and stability to households in every nation on earth. that’s not an apt comparison to make. besides, comparing bitcoin to the entire banking system is just stupid. if you’re going to compare it something, compare it to assets in its class like ethereum or cardano, not an entire industry.
regardless if banks use more co2 than bitcoin (which i’m guessing they actually don’t), that would be a huge financial loss for tesla as most of the population uses ‘real money’; and would be an irresponsible thing to do to shareholders
i mean. i'm a big eth bull but this comparison is apples to oranges.
also need to account for the chemical energy used by all employees, and the gas they use to drive to work
because climate wasn’t a reason. elon just made shit ton of money from bitcoin and made an excuse to sell it
you do realize a lot of that was to steer investors away from btc which is going to go down a lot when hedgies liquidate to cover their shorts. em cannot just post "sell btc now."
i say he’s full of shit. he realized that he cannot do the required anti money laundering procedures that would be necessary to accept bitcoin and turned around and said it’s because he’s so concerned about the environment
one of the other layers of hypocrisy of elon is that he takes a private jet everywhere
fiat is bad for the environment!
bitcoin uses around 1:
maybe he should think about all the coal he is burning to make his cars. all the trees he has to cut down as well to put up his factories. his dealerships, i can go on and on. big hypocrite !!!!!
what about the energy it takes to build a tesla? to mine the materials for the batteries and the materials to build the vehicles. how much fuel is used every time a spacex rocket is launched. what about the energy to run the printers to print money or the mints to mint coins. i can continue for friggin ever welcome to civilization we use energy, when planet earth is done with us using it she will shake us off just like all the other life over the last 100 million years.
yes. with all that included. it is still more energy efficient to use it the old way.
we all knew that this is political decision and nothing more
lmao this decision has absolutely nothing to do with the environment. he wants bitcoin to tumble so he can stick another chunk of tesla’s operating cash in and spike the balance sheet, hence potentially spiking the stock price back towards . he’s a genius scientist but literally all of wall street sees you elon
wait, is this man thinking about actual gasoline?
my thoughts are that i have a lot of other thoughts that come way before this in line!
that would be a big move. maybe it is a little early for that? idk, but i think its a cool idea
where did elon say, he is not going to accept crypto at all? he said bitcoin is not the effective method of transcation and we all know that it is better as a store of value rather than a mode of transcation the post specifies they are looking for another crypto to replace bitcoin.
tim draper is awesome. i’ve met him a couple times
they have, bitcoin still uses a more than the entire banking system.
any argument that is based on "it is not so bad, what about..." is flawed.
what is the ratio of energy consumption to actual utility for fiat vs btc? not trying to be sarcastic, i'm genuinely curious.
elon is forgetting it’s elon’s job, as tsla boss, to make the world more sustainable, by providing low cost sustainable energy infrastructure. if elon believes in what elon is doing, elon should be confident btc will eventually be energy efficient.
is tesla carbon neutral? say what you will about gates, but i’m pretty sure he succeeded is completely offsetting his carbon footprint.
i gotta admit, proof of work is pretty unsustainable due to constant upgrades of mining rigs. and we have better alternatives such as proof of stake. if its about the environmental friendliness, i would stick with ethereum. but however, i have btc as my hedge. because people in the future are becoming more conscious of the environmental impact
hey how about (shiba inu coin) let us make it successful together! !!!come on show it the anyone can become a millionaire !!!
fiat mcap and utilization is far greater than crypto or even bitcoin. maybe it’s best to look at energy usage per capita when viewing this issue. does anyone have this stat?
i am a banker and i fart. factor that in.
well let’s see if mr. green will do that.
the carbon cost of printing paper? what about the toilet paper they printed that you wiped with to get this tweet? what an idiot comparing that with the megawatt sized mining farms.
fiat is not the future
musk can go jerk himself
seeing that nonsense like this is upvoted makes me wonder if i really want to hold crypto.
we already have the existing banking system though, which handles all our transactional needs. crypto might eventually be more than it is, but right now the energy usage is a very fair criticism imo.
everyone here suggesting eth or cardano, but the most energy efficient cryptos that fulfill bitcoins purpose is stellar (xlm) and nano. both use 0.00003 kwh (notation?) compared to 62.56 (eth) and 707 (btc), with the differences being too big to snippet but notably nano is free to send.
i think all this climate talk is extra motivation for the ethereum team to complete the merge sooner than later; albeit safely.
i think you’d find the value to carbon ratio would be still heavily in favor of banking systems... 1 btc transaction still equals 100,000 visa transactions pow was a cool pioneer but it’s dying and needs to make way for pos
what a stupid take.
how about his cars. although electric where is energy coming from
i wanna trade my fiat punto for another car.
why is elon important? not for me.
elon only did this because of his investors is it was 100% up to him i highly doubt he would have suspended using bitcoin
consider the environmental damage of the petrodollar system we currently have
doge should be the only currency tesla accepts until there is 100% renewable energy in the world
elon took the profit from the btc and sold it at high price so he again tweeted and bought btc in dip, bastard.
tim is right on a super smart, elon made that dumb statement probably because he was told to by his bankers or board
elon is a fucking goof. he does not even know what he is talking about. he is a good clown that is about it.
as long as we get rich fuck the earth right fuck that it gives us everything free. you sound like a bunch of insecure little hoes
as a thisgruntled banker who’s currently looking for a job in crypto, i totally agree. there is so much waste in this industry. every penny saved goes into the coffers. none goes into improving technology or reducing waste. the client experience sucks; constant complaints that are never addressed. they point to regulatory pressure as an excuse, but it’s really about power and greed.
ok, so this is not a great comparison and is intentionally exaggerated to draw reaction. a better comparison would be comparing against a company like visa and use watt hours. here is visa compared against the top three crypto on coinbase: **energy** >btc: 634,000 wh^(4) > >eth: 43,000 wh^(5) > >xlm: 0.03 wh^(6) > >visa: 1.69 wh^(4) **co2** >btc:310.75 kg > >eth: 21.08 kg > >xlm: 0.000015 kg > >visa: 0.00083 kg
my thoughts? i bought , literally for the only reason of tim draper backing it...then without warning i woke up one day and the company was thissolved. that’s in a nutshell. as for the carbon footprint on the bank system - it probably makes up 30-40% of all carbon created directly. indirectly it creates 100%.
i have to remember pos had a new meaning.
the reason i quit my corporate accounting job- banks would send statements weekly for each property account we had. literally every week 10 envelopes of 10 pages each. there were 110 properties so about 1100 papers per week, some blank, all trashed after.
if you're just trying to understand the volume of electronic transactions generally to an order of magnitude, it is in the quadrillions of dollars per year. according to this document from the us treasury, swift handles about , or given about 250 business days per year, about .25 quadrillion dollars a year. similarly, chips handles about , and fedwire handles around (most of both of these arise out of swift messages). these transactions make up a large fraction of electronic transactions in the world, so it is safe to assume that the global total is not much more than a few quadrillion dollars a year. swift payment message volumes are usually around 11.5 million per day, giving an average payment size of around ,000— though if one considers the structure of the payments system, it is evident that there is a very wide thistribution of payments sizes, so this average is not particularly representative.
what does this have to do with eth?
elon musk is trash.
either way...if there is a more efficient way to run crypto currency we should be pushing towards that direction. i’m glad that we are. it only makes crypto easier and more accessible to the average person. gas fees price a lot of people out of the crypto game at the moment anyway.
don’t you love hypocrisy? that’s one of the problems today. people should look in a mirror and consider shutting the hell up.
should i trade my eth for eth2.0? sorry if noob question...
bitcoin is bigger than elon
i mean you guys are missing the entire point of this. get out of your bubble for a second. bitcoin is not close to the size of visa and is still a niche payment method that is only used by a miniscule fraction of the population yet requires more energy than most countries. the issue is if bitcoin was visa sized then the power requirements would be beyond what's even remotely reasonable.
what we need, is fiat the car company to make an all clean energy fleet and the circle will be complete.
xrp is the lowest then doge. eth is last out of 6 that were posted on twitter and tik tok i think. correct me if im wrong. but idky so much hate on elons decision he has not said anything bad abt eth. this sub is so focused on elon its not even talking abt eth anymore. which i would like to learn more. thanks.
selfish western societies , they remind me with the arab king and princes thiscussing horses and camel races while their own people are mostly refugees. same her, we thiscussing co2 while our tax money are being spent on the destruction of people and supporting blood thirsty armies and corrupt states and the sale of uranium depleted bombs and shit!
this. everytime anyone says but the environment, i say, how much power do you yhink the entire banking system of the globe uses everyday? it's thousands if not millions of times more than btc
how about the visa? sure that uses more electricity. better yet, we should all get off fbook, twitter etc…
make every commercial. place on roof with retractable extensions 15 feet out to increase solar potential per building during sunlight hours. bonus itcreates shade for civilians 100s of feet below. eliminates unused heat.
invite you all to : r
very good point! i wonder the cost on environmental from fiat
let's all boycot elon musk. let him suffer. we do not like centralization and he is a central pain in the ass for crypto.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [etc]("last usage")[coin] ethereum classic [eth]("last usage")[coin] ether [irs]("last usage")(us) internal revenue service [sec]("last usage")(us) securities and exchange commission [xmr]("last usage")[coin] monero [xrp]("last usage")[coin] ripple ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(7 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 22 acronyms.) ^([thread for this sub, first seen 15th may 2021, 15:18]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
can we get some help from ?
wait till they figure out how precious gold 🥇 is dug out of the earth.
yes, i’ve been wondering this too. the electricity for every branch location, the gas used by employees to get to the office, the energy to process visa and mastercard transactions, their call centers, debt collection centers... just intuitively it seems like there is no way all banking is a smaller footprint than all crypto and if defi overtook traditional banking (it will), then it is my suspicion that the total amount of energy involved in finance would go down. doesn’t that sound right? edit: just think of all the moronic banking things you receive in the mail. what is the energy footprint of banking marketing?
let's be real, this is not about the environment. tesla, and elon musk, are calling the top. everyone's happy to take bitcoin and payment when they think it is going to go up and up, but when people start changing their policy, it is because they are worried. hey, remember this story? something pretty significant happened in the month after that, i just cannot jog my memory . . .
y’all dumb for even taking his point serious. it was for market control and now y’all are sheep trying to prove him wrong. he knows he’s wrong. he knows what he’s doing and guess what, it’s working flawlessly. why would the guy who has 1.5 billion invested in bitcoin shit on it? come on now think, it’s the whales that control the market me and you are here for the tagalong gains edit i read somewhere that he only sold like 12 cars for bitcoin 😂
that’s he’s a btc maxy and kind of an idiot in a backwards? kind of way?? this is all set up for xrp to bridge the world. other token, but xrp is the only “now” there technically is honestly🚀
banks are very wasteful and are definitely not environmentally friendly
it’s illegal to not take fiat lol
obviously the exalted elon knows better than everyone else that the usd has no environmental impact on the planet... 🤡
hey pot is legal, i wonder if he will accept pot for cars haha it’s environmentally friendly until you use it though
i think his word bears to much weight; effectively allowing him to sway industries for his convenience and personal gain. even when it is short sided by and self-centered.
love how the background picture is shanghai, one of the worst cities for pollution i’ve ever had to visit.
elon made his billions through hundreds of billions of dollars in government subsidies. he is a store bought and paid for manipulater and influencer. he is a puppet for the government pulling the strings of his little puppet followers.
classic whataboutism bullshit. at the end of the day if there are options for blockchain that do not require all that wasted energy, then those are the best choices. saying banking creates co2 is true, but that does not mean we need bitcoin when there are better options that do not pollute.
elon does not give a shit about the co2... it is all marketing movements...
speak it, draper! 👏
i think the environmental thing is an excuse. no way you could look at bitcoin and compare to other industries and say its a real problem
everyone should know why tesla is not accepting btc. he cannot admit why. but its because of the shorts on doge. you attack the people who cannot really afford btc and you will get nuked.
i was thinking the same thing when i saw his tweet, fiat is probably the worst from a climate perspective
the irony. the guy that makes electric cars is concerned that mining crypto is bad for the environment because it uses too much electricity 🤷‍♂️
what’s he expected to do? go back to the barter system?
who's ready to see elon musk & nostradamus on an episode of the &... beyond...0...>2022...
co2 is used by plants to make oxygen. volcanic eruptions spew out more co2 in a day than all the life on the planet. these so called climate know it alls are full of shit. stop fucking with my doge. to the moon alice!!!!
per transaction is the important part.
i've been thinking about this since people started talking about how bad crypto mining was for the environment. there's no way ordinary banks are better.
why not vechain? backing chinese government carbon initiative, network fees reduced by 99%, and it is pos.
hey elon, dogefather accept doge
i find the entire argument of crypto using to much energy absurd seems like it should be the least of our worries
elon is just a troll, he’s made his. he could care less about us
exactly, the same goes for all sorts of mining, gold, cobalt, rare earths, oil etc
took the thought straight from my head!! tim’s the fucking 🐐
exactly the guy is building time bombs, and mining actual rare earth metals, while claiming to care about the environment... i think he just likes attention and manipulating the market.
seems like just a matter of time until everybody stops accepting fiat, lol.
terrible trade. tesla’s are worth way more than a fiat.
fiat is a great italian sports car! don't you dare not accept it.
don't buy tesla. show him who's the boss. i would never buy a tesla.
my thought is that every retard assumes that he has the right to judge elon musk. if they faced 1% of his pain, they would end up in heroin.
in case of banks, there are no alternatives. if they want to work they have to use paper and electricity to work. but in bitcoin's case, it is a complete waste as it is used only to power huge supercomputer merely for doing some guesswork. but there are many cryptos like ether,ada,doge,etc. which are much faster and cleaner than bitcoin.
musk has a private jet. 16 hours in a packed commerical plane in steerage class puts you over the annual global per capita median in cabron emissions. musk in a private jet does that in ten minutes.
seeing the post and hatred of eth community towards elon i can say that you all will be in trouble soon like barry silbert who messed with elon by sorting doge. its an advice for you to stay away from him.
banking is vastly more efficient than crypto. it's not even remotely close.
elons pump and dump aside, 'well our existing system produces x amount of co2 so we should never try to improve on that' it's just shit logic. society needs to start moving towards sustainability.
completely agree with this
eth 2.0 can really be a solution for that
this argument is so stupid. energy consumption has to be measured by utility provided. relative to utility, esp. re: current adoption, crypto is far worse than banking until pos.
exactly. as smart as the dude is, he can be dumb sometimes.
fiat cars... isn’t that a nice description for teslas, and any internet connected car... they can take away your ability to drive (or any function) at will. also, good point. have said the same irl, but people just scoff at that without engaging the argument.
tesla would be dead then, a better option would be to make everyone get into crypto, but that’s basically impossible at this time
won't accept fiats as trade ins? can understand the tipo with residuals like a lead balloon but what about a 124 abarth?
banking is not currency. banking is not currency. banking is not currency. banking uses currency. if all fiat money thisappeared overnight and was replaced entirely with crypto, there would still be institutions providing loans, merchant services, payroll services, etc.
**sad fiat panda noises**
no kidding...think of all the poor trees.
bitcoin is open & transparent in that regards compared to what shady transactions, loans typical financial institutions do. did they take us for fools to think the measuring stick only works on one side??
wait a second...are you saying that another billionaire was thishonest?
it’s exactly what i’m talking all the time!!!
just don’t sell there will be more car brands to accept btc. they said suspended too it will return. this is a good time to buy
what i don’t understand, why is his pull so strong on the entirety of the crypto market?
it's completely stupid and deflective. it's horrible whataboutism, and it does not even make sense. the entire "banking system" he is mentioning is not being replaced by basic fucking crypto, that is ridiculous. that would, for the most part, still exist in a crypto economy, *on top* of the outrageous energy consumption from mining. if anything, then what's replaced is **fiat money**, and in regards to energy consumption, moving fiat requires as much energy as changing an entry in a database, so basically nothing and creating it requires no energy at all.
well then let’s go all the way then, baby lol zoom zoom
bitcoin is dead to me i can’t trust something that can be so easy to manipulated in value plus it keeps going down in value thousands of people losing money every day hopping it wiil magically come back up but the reality is unless someone more famous or just as famous endorse it. it will dye and take all the money with it
he’s pissed bc china doesn’t want his shitty tesla cars. so he tried to fuck with bitcoin... this too shall pass. hopefully people stop listening to the cock suck named elon musk
ncat tokken go pump soon!!
just imagine cancelling conventional currency 😂😂
the transporting of money... ridiculous
my thoughts? buy the fucking dip... first thing that comes to mind. yer welcome!
all im thinkin is, if theres a chance we can do better we should do it. saying “buts the other option also does this” doesnt make any less worse. theres other green crypto out there, if crypto is going to be a game changer lets normalize clean ones
harmony one will hit a 1.00
i think "that is a strong straw man argument you've created there".
sunk cost vs capital expenses. if no fiat banking infrastructure existed then this is a valid question. but since it doesn’t it’s a moot point.
even a stopped clock is right twice a day. timmy boy is completely off his rocker. crypto doesn’t employ as many people as the global financial system- it may some day, but most large banks are carbon neutral. so yeah, this is wrong.
what is this nonsense? if the world unanimously switched to a hypothetically perfect crypto that used zero energy... how would people get, as an example, home loans? from people in buildings maybe?
sure, what a great thought. let's ignore the essence of trading for the sake of the argument and let us ignore that there is something like market adoption and transition periods. no, of course better do what tim says and let us just kill the whole business without alternatives and customer satisfaction in mind. why? because tim is salty that his bitcoin dropped to 30%, let us be real... his argument is obviously just a chilthish attempt to be petty about a valid criticism for the unsustainability of bitcoin's pow.
it was just a pump & dump scheme you absolute retards why would you trust any billionaire he is just manipulating gullible idiots that still listen to him
yeah let’s do transaction volume per co2 use, how about that?
maybe elon should become a tree and give out oxygen instead of useless opinions.
no no no. elon is right, bitcoin is too damn inefficient, and to that matter, eth too, until it changes to pos. the cost of running these blockchain is just unreasonable.
wow, this financial system is bad for the environment... what we need is another, shakier one that scales much worse as far as co2 goes and and we should get it going simultaneously so we have both!
a friend of mine brought up the petro dollar how much does that pollute?
plants need co2 to survive! what about storing co2 for storage, like the co2 for sodas?
elon is just making money... wrong way but still... i am sure he is buying bitcoin and ether with us right now :d
he gotta do, what he gotta do. going to mars ain’t cheap!
this is what i ask every time someone talks about crypto's eco footprint.
everyone needs to get over this and stop being but hurt. his criticism is correct. let’s work on solutions.
elon sells teslas, not fiats... i know what fiat is, i'm just being an ass
i just bought a car, i wanted an ev and tesla was clearly the industry leader. but i decided not to just because of this fucking guy. i went with plugin hybrid and 2 weeks later i've yet to use 1. elon is a douchebag.
people have calculated it. and it is infinitely less per transaction than bitcoin.
maybe it’s time to buy dogecoin. it’s going up insanely. i’m buying 10000 dogecoin
i think it would be better to compare to gold since bitcoin is gold 2.0. gold mining is destructive as hell with a massive carbon footprint. not to mention the energy consumption of storing, securing & transporting gold. all that has to be accounted for as well.
so if one machine builds bitcoin all day with the most updated software it makes a bitcoin every 10 minutes the power consumption for one day is about 14k usd for the day
has anyone asked about the amount of energy used to make tesla? and the about of energy and pollution produced to mine the materials for the batteries? he has a lot of thinking to do before he criticizes bitcoin. but now for a profit it’s going to go up. elon musk is a true dipshit and needs to look at the actual carbon foot print tesla has made.
compared to fiat, not alot of people own bitcoin, so when the whole world stops using fiat then i can see tesla stopping too...so stop your bitching you whiny cunts just cause elon isnt pumping up your overpriced coin that no one can afford.
elon is a little f&$$
cathie wood said the same thing on one of her previous interviews.
doge coin is what’s wrong in crypto. kill doge coin and free legit crypto. crypto must add value otherwise what’s the point???
the last time i checked, the government was trying to regulate the flow of cryptocurrency. so him saying what he did in that time, must have been a stragetic move . although elon tweets are always that of an oxymoronic
he is clown thats needs attention
don’t hate you little boo boos
or data centers like amazon
i think a bipolar person like him and with that influence tweeter should remove him damages sociality
it's so funny to watch the elon fanboys (including those who think they are not an elon fanboy) saying shit like "yea, i guess he was being thishonest" or "tesla is pretty cool but elon knew what he was doing here!" no. fucking. shit. he's a billionaire who has a decent sense of humor and uses twitter appropriately. every single thing he publicly does is meant to increase his wealth. that is it. edit: even better are all the comments about elton because of someone's typo
it’s cherry picking data, like in sales you have toc total cost of ownership, energy of currency needs to be treated the same way, very astute point.
mj eating popcorn* “he plays where the sec don’t”
let’s just go back to beads please.
fiat has bigger environmental footprint...
recently, elon has been shaking the crypto space with his tweets
you're making a valid point here
yeah. elon goofed. smh
the world is changing. the economy is changing. the money is changing. the tech is changing. this is normal along with people changing. get on board or be quiet.
like i said what about is rockets
agreed. crypto only. specifically the ones i own.
horrible joke that makes no sense, dude should stick to his day job.
ban the banks save the earth!
idiotic and desperate. bitcoin and pow is simply a bad choice for the environment. nothing changes that. there are better cryptos.
you cannot blame elon for manipulation a market which is not regulated ! who are we gonna complain to ?
fiats may have a bad rep, but they are still cars goddamit.
totally! usd is pretty much monopoly money these days anyhow...all fiat is really. lol
elon has asperger's. i dont think he is thinking about "the people" so much as he is his neuralink.
true. anyways pretty much all blockchins will have to trasition out of pow anyways. the medias is being unfair with this; technology takes time to improve. car engines used to be far less fuel efficient, for example.
can we stop giving attention to that attention freak
i think elon is a fraud and tesla is going to fail as a business i’ve thought this since day 1
good point. yeah we need data.
it's apples to oranges. the current banking system is definitely wasteful, but it serves more people and purposes than bitcoin does, currently. it would be very difficult to make a direct comparison of the energy use vs. benefit.
shower thought: what's the whole point of defi when one guy has the power to cause dips and moons with one tweet?
elon is nothing but a hypocrite
they can predict global warming,so this should have already been done in the calculation.
i dunno man, fiats are fine cars
why are any of us thinking about that self absorbed twat in the first place???
presumably elon would never accept fiat and would instead get a tesla
fiat is legal tender. dumb argument
elon manipulates the market
the current banking system is kinda what has made and continues to make up the global economy. it had been around for a very long time. here comes a new technology that could very well change all that. so instead of comparing a brand new technology to a decades's old system why not compare it to another new technology. this arguement is nonsensical. cryptocurrencies and defi could change all the things mentioned in his comment. the point is to make the new technology as efficient as possible. if you're going to compare btc to something compare it to other cryptocurrencies. if btc has benefits compared to other cryptocurrencies (i.e. security) that can be part of the comparison. the point is we are talking about new technologies to replace old ones and old infrastructure.
everyone talks about the carbon footprint of humanity, no one talks about the thermal footprint. every watt of energy we consume directly heats the world we live on. how much thermal forcing are we putting on the planet?
seriously?! some fucking whackamole does this and the market reacts?! are you fucking kidding me? how about you stop being so 24. jesus christ the entire world is revolving around twitter now? find some fucking stability god damn the dude makes money for a living... literally creates money, passes it around for profit, and you're surprised he has figured out a way to make money from making money? the absolute fuck is wrong with you people.
elon musk is fucking ridiculous for his position. he understands that the huge majority of energy generated in the world comes from fossil fuels, and that renewable: ie. his cars still run on gas. instead of making these dumbass, smoothbrain decisions he could use his power and influence to change the way we generate electricity.
wonderment initially... dno what i thisagreed with... what post is thus
how about we just say elon is lying about his reasons and was more likely attempting to manipulate the market a bit.
obviously standard fiat banking systems have an energy impact, but given that fiat is not mined i do not see any way it compares to bitcoin's energy consumption. that said, i think elon is just trying to manipulate the market, so... i would be interested in how much energy is consumed by the whole of traditional banking. i doubt that any financial institutions would want to make that information public.
unfortunately, by law he is required to accept fiat money as payment.
you are still on time to buy g e v o real stock going to be the future tesla, the product they are going to sell will be better than electrical car. take your dd
anyone show him a lithium mine?
it's a red herring. crypto is not replacing normal banking. maybe it will someday, but until then, this is not a counter argument against energy concerns.
we all knew that co2 is not the real reason behind this decision
i think elon was right in adding perspective to the crypto world, hence suddenly we are having a conversation about environmental impact of cryptocurrency. he may have enraged majority of the crypto world but that is only because people lost some money. we to look beyond that. the world of crypto needs to take breather and reassess. it's not about money but about the principle. wall street greed has taken over. we are suppose to be a better alternative in all aspects.
he is just exposing his true manipulative self. never trust a dude who grows more hair on his head over time.
fiat money is dead and it was always a waste of energy (production, policy changes all time, thistribution, bank custody …) but people tend to compare apples and oranges😵‍💫
it’s a blatant use of his position to manipulate the market, however i guarantee 99% of people who had that power would use it. we love crypto cause it’s unregulated, with that comes the consequences. sometimes we win sometimes we lose!
elon should just shut what they call “the fuck up”!
they’re trying to murder character btc. lol. and you guys are angry at them... whilst this has happened in the past already (the multitude of death announcements for btc) you’ll need to understand that the market and the news, are two different things. peace out ✌️
just whine more you got pumped and dumped you fucking chumps.
elon can only control what his company and the board of members agree on. him accepting bitcoin was a company decision as an “additional form of payment”, and for tesla to stop accepting bitcoin as an additional form of paymeny” is also a company decision. fiat currency whether he likes it or not is the currency we use, so for posts to say maybe he should stop accepting fiat currency is ridiculous. he should accept doge coin though as an additional form of payment.
next level thinking here
he knew damn well going in to bitcoin about any and all environmental“problems” it has. this is all a game, that i trust elon won’t leave us out of, but will certainly panic many along the way. he claims he knows finance following his paypal expedition, so it’s only logical he knew everything he needed to going in to bitcoin
honestly hate these citations, that’s currently a trend in the crypto space. it’s like saying that we should stop using trains because a bike uses far less energy and you could also travel a few 100km if you wanted and there are a few people that have cycled around the world already. it’s a thing of „yes but… no, by all means, no.“ compare the sheer number of transactions that take place in the whole global economy, the absolute mad mass of transactions and volume per day across all asset classes, within banks, within insurances, within clearinghouses and everything inbetween, all the way from corporate funding over accounting over financing down to consumer functions. it’s an incomprehensible number of different transactions and (most :) ) of them have some function in our economy. and sorry to be so blunt but the whole sum of transactions summed up since btc was cooked up most likely doesn’t even cover the ytd volume ported in the global economy while using a much, much higher amount. in classical financial transactions, not every transaction must be verified by some process, i can just pay my hairdresser with cash i found in my jacket. no 512bit key needs to be verified by a network of globally thistributed computers. and that example doesn’t even come close to give the argument justice but i don’t even know where to begin. the people repeating this bullshit are not able to explain what transactions need to be made (and not on paper, i mean the actual cash flows „physically“ between the firms how a simple irs is settled or how a futures contract gets marked-to-market. so what actually happens, not what’s written on investopedia. please stop spreading this. the words are right but it’s factual nonsense, based on some oversimplified assumptions that are not even close to be complete or are insanely naive, like saying candles are hotter than the sun because if you put your hand into the candle it’s hotter than staying outside the whole day or that birds are taller than humans because when they fly their heads have a larger thistance from the bottom or (as above) we should clearly abandon all cars and freighters and planes immediately because bikes need less co2. i fully support the ‚banks are bad‘ thing and i’m pro defi (to some extent, there are still big conceptual problems need to be overcome - starting from that we need to redevelop 95% of monetary policy.) and i say this as someone working in finance and being sceptical for a long time. eth is better than btc but even with pos we are so far away from taking over the world.
fiat is the real problem...that is what he was talking all about from long time...it is not about a specific coin...but the whole crypto is the future...of who we are rn!!
those cars suck anyways
he’s right you know.
my thoughts are that musk needs to get cancelled hard. he's a useless piece of detritus, a snake oil salesman, and a cheat. there's no reason for people to look up to him the way they do when what he does with that adoration is manipulate people for his own gain. your question is too specific. this is not an isolated incident. remember when he said he was thinking of privatizing tesla stock?
eventually he will not
suck it up and drive on. put your big boy britches on it’s a buyers market
he’s right, elon’s comments as tesla were extremely reckless and stupid, but not totally at fault for the giant dips we saw
he (musk) has highlighted the fragility of bitcoin. one person should not be able to so influence a whole currency. he is treating it like his play-thing. i just hope that all crypto investor will choose to stay well clear of his vehicles and his share price goes the way of bitcoin.
you gotta put all things in perspective. when we talk about energy consumption, we also need to thiscuss what btc (or eth or other pow blockchains) offer relative to traditional fiat systems. you can listen to a *really* good thiscussion about this on a recent unchained podcast episode: on apple podcasts: online:
the us military is the world’s largest polluter
tim i love you
i think elon should stay off twitter.
so we're all mad at elon now because he is figured out how to capitalize on our greed? he did not force anyone to buy or sell he is doing a lot more for humanity with the money he makes than most anyone else would. i own a tesla, so yeah, i hope he continues to innovate, makes my life better. oh! i also made a few 'm not crying about this.
i saw a paper that did from a university in the uk, if i recall. i'll have to look. with card readers, atms, brick and mortar banks, online transactions, etc all included, it was equivalent if not more than mining .
good point. but, actually, a bit pointless since fiat currency is part of history and not likely to see itself into the future. no point looking back. maybe musk just doesn’t want to see cryptocurrency repeat history. and yet, isn’t it doomed to do so once it becomes the horde of institutional finance? i’m glad i will probably only see the spring of the seasons ahead of us. i will enjoy the revolution as long as it lasts. it’s been such a extended and dreary winter.
funny people. life is made up of seasons. go with the flow.
he bought bitcoin an sold some for profit, put down bitcoin to pump dodge for a profit an now dodge is stuck at around 30-33 cent back talking about bitcoin after the drop an buying more of course
i like it. why not force the hand of cryptocurrency?
to exist as a carbon life form implies the consumption of carbon, if you argue against progress you may as well eat dirt.
my thoughts are, i like turtles.
check this and say thanks later goodluck guysxxx
that would crash blackrock.
can we stop with this energy shit. the earth is fine. computers mining bitcoin isn’t going to destroy the planet. earth has surviving billions and billions of years so a few years of humans littering and spraying aerosol cans up in the ozone layer is a cake walk for it.
my thoughts are three: “yes”, “exactly”, and “if you still don’t get it, google hyperbitcoinalization”.
tim draper is a legend. he is almways spreading the word of crypto in a good way.
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5. buys the dip he created
i'm a fan of tesla, own a good chunk of shares in them. but i'm fucking annoyed at all this elton bullshit. they would have legitimately missed earnings of it was not for their btc sales, which totalled over 100mil if i'm remembering correctly. he needs to stfu and stop shitposting. he 100% knew the energy implications when he spent 1.5bil on them.
excepts hos still holding %90 of bought bitcoin.
right either he is a calculated troll or an actual dummy. neither one is very good
turns out elon is a piece of shit who will hurt other people to make a profit and improve his image.
sketchy billionaire used sketchy business to make money. in other news, water is wet
yep. a completely different point than the one made in the posted comparison.
tesla cfo said they bought bitcoin for shorterm profit
so you’re angry at elon for smart business?
you forgot the step where he kept pumping doge for internet cool points with the kiddos
nothing but an autistic fraud to the highest degree.
i’m convinced that there is another step: > 2a. takes a short position on btc
tsla only sold 10% of its stake. holding the remaining 90%
yes. it's almost too perfect. what i do not understand is why lawmakers do not pursue this
tesla didn’t sell their btc, though.
he's green washing a bad business decision
he said he did not sell it. just stop accepting payment in btc.
he's obviously just switched out stocks for crypto. he got done for manipulating stocks, now he is doing it with crypto cause he cannot get told off...j less they classify crypto as securities. let's she what happens!
yes, i agree! it’s a pump and dump scheme.
well friday was the liquidity test for citadel who have always tried to short tesla. by making his statements he pushed the value of btc . this has nothing to do with the crypto space this is more financial trench warfare.
should put him away to mars and stay there 😁
all he had to do is not get involved in crypto and he couldn’t have influenced the price. there would have been plenty other awesome news. including a ton of news about visa and mastercard. elon fucks with everything he touches...
don't blame elon. blame the retards who worship at his feat and sell shit because he goes on snl and says a company that a company that had not been selling their cars for bitcoin wouldn't be selling their cars for bitcoin.
this is pretty much what he did with paypal.
let's just call it what it is, market manipulation
apparently, tsla would not have met earnings estimates without their profits from trading btc.
you forgot the part where he comes out and admits he’s been working with creators of dogecoin for 2 years now. blatant market manipulation, but since crypto isn’t centralized or regulated it’s still technically “legal”
*correction on they only sold 5% of there holdings in bitcoin and that was like 5 weeks before he said anything about bitcoin.
it is safe to say anything that the billionaires
fuck it lol. you would too.
he's taking a page out of the hedge funds and market manipulators books. take advantage of it.
when eth 2.0 comes it will reduce energy usage by 99% and that is the way!
i hope he does not.i do not want him influencing the price of ethereum
eth does not use much less energy per transaction than bitcoin right now. hurry the hell up 2.0.
if he is serious he would use algorand. it's carbon neutral
doesn't ethereum use alot of energy as well? i'm not sure about this though.
we all know he is not worried about electricity and carbon dioxide. in 2019 tesla produced 13x as much carbon dioxide as bitcoin produced. tesla produced 280 million tons and bitcoin 22 million tons.
ada shills everywhere, nowhere to hide. top comment like always.
and iota, as soon as he realizes that 1 tx uses ~ 1mwh. for comparison: 1 btc tx ~ 952 kwh 1 eth tx ~ 42 kwh
he's not. it was a pump and dump and he got richer doing it. that's about where his involvement with crypto ends.
if he is accepting bitcoin then he is accepting eth too... nothing stopping an eth holder from momentarily converting to btc to make a purchase on tesla.
or radix once mainnet launches. infinite linear scalability and ability to process entire history of btc transactions in under 15 min. already set for smart contracts. great developer incentives. 8 years in development and launching eom.
he wanted to do that with tesla stock but sec called him out. with btc and doge - there are no regulations. it’s really addictive to be able to just send a tweet and make money. that’s musk.
you are right happy cake day
he's such a bother. i'd rather have vitalik. classy guy, donates to charity, etc.
because this is crypto and tribalism sucks
my friend, we live in a world of double standards. arguing with most of people about eternal questions is just such a waste of energy. but at least we have our little tribe here on reddit :)
i think the comparison is in order to call out the rather obviously fake excuse. this wouldn't have happened with ethereum imo
some people investment hinges around a billionaire tweet
well comparisons in this case actually show how overblown the problem is though imo
everyone in the room is taking a shit on the floor. i point to you and call you out on it. everyone calling you a piece of shit. someone else says "let us find a solution but only for you." everyone else continue on. fuck that. i'm not losing value just so banks or anyone else wasting energy gets a free pass.
we are not saying "they are worse!"... we are saying "your issue is bs and you do not apply it to other things, so buzz off"
in this case, one side is massively better for the environment, and it is banking.
absolutely a ridiculous comparison, but i think it’s more about making a point than it is about a true comparison. it’s just a weird one. i think people are taking elon too simply here. and probably pissed his tweets can influence too much. rightfully pissed. mining btc doesn’t really contribute to the economy, and the economy and development have always been impacts to the environment. unless people are happy with a virtual reality, they will continue to be the case, and technology will continue to find ways to be more efficient while creating less pollution.
if bitcoin were to handle the same transaction volume as visa, it would need more than twice as much energy as is produced in the entire world. also bitcoin is not revolutionary, if it was it would have made noticable changes 14 years ago. blockchain is a solution in search of a problem, and to date it has not found one.
not if you're talking about the financial system of the early 1800s 😜
societies progress by consuming more energy. if we care about the environment we should simply source the energy from sustainable sources.
on a long timeline pos is the rich making the rules... again. decentralized pow is fair, enforced by the universe - thermodynamics and math. we need the underlying global crypto to be pow, everything else can be whatever and market forces will prevail amongst them, as long as the primary crypto persists in pow.
how much does the banking system currently use? fiat is not good long term.
bitcoin isn’t doing anything. this guy’s name is tim draper
also need to account for the energy used to store, nor just transact, bitcoin vs fiat. banks, safes, banking electronic systems, employees, armored trucks, etc consume a significant amount of space and energy.
plus the cost of production and thistribution of fiat ‘coins’…physical and imaginary.
who gives a fuck about who the bank employs. they’re just drowning ourselves in more debt than money that actually exists to pay it back and make interest on top of that. america is beyond fucked and i hope the economy doesn’t crash in my life time. maybe crypto can slow down this effect before we have a civil war with the top 3 percent of america
gotta compare it solely to the actual financial transactions themselves and then adjust for dollars transfered.
i think you missed the point of the post. it’s saying that if elon is so concerned about the environment that he won’t accept btc, then why is he ok with getting fiat. it basically all comes down to him trying to control and influence the market. he’s a mess of a man with way too much power.
and the food they were feed when they were babies in order to grow up to become bank employees.
tesla only sold ~10% of their btc (confirmed during their quarterly earnings). was there a report they sold more?
i may be misunderstanding you, but if hedge funds are “covering their shorts”, wouldn’t that involve buying btc which would push the price up? a short squeeze scenario basically
naw he‘s probably getting political pressure of funding or some sorts and from shareholders who are generally green energy focused. tesla afterall is seen to be a pioneer of cleantech
in ironman 2, he told tony stark he was working on an electric jet. 🤣
while handling 1-on services like fraud detection, chargebacks, deposit insurance, loans, or atms and branches for easy cash out. imagine any other energy user making this argument > my homemade open-flame motorcycle uses 1 like, guy, that is not a thing to brag about.
all of those things produce a physical product that people use, gets sold, produces taxes, and contribute to our advancement or economy. some of that advancement being how to produce things more efficiently. to ignore all of that is arguing the point in bad faith. all of that stuff matters.
yeah but it’s a problem that needs to be addressed (and is from eth), so political or not it’s the step in the right way
he’s not a genius scientist, he hires genius scientists. it’s important to make the thistinction
yeah he’s going to do that most likely
step 6. tweets bitcoin causing price to go uppy! step 7. repeat process
6. talk about the work bitcoin is doing to decrease electricity through lightning network or w.e the fuck.
6. talks up bitcoin again
that's his next move of course
6.claim he did not sell because he bought back
do you think the market could dip a bit more? i sold some coins today...
agree. elon is being thishonest here.
what did elton john do to you
it is very bad of him
“good chunk of shares” imagine if people used any chance they got to try to show off...oh
burry is shorting tesla with half a billion dollars
he is testing the market, and look what happened, fragile! as always. that is the real problems with crypto, no real value.
more than. invested 1.5b, sold 100m at a significant gain.
i think the issue is that if tesla does end up putting more btc on their balance sheet in q2, that is some serious market manipulation. basically what they did was buy bitcoin, pump the market, proved that it was liquid enough to sell usd100 million meanwhile saying btc is bad for the environment etc. after the fact and then buy more btc after above mentioned statements.
he sold 10% to “prove liquidity”.
true... that makes it even more suspicious.
is eth 2.0 gonna be a new coin, or is it just an improvement of the eth we know today ?
when is eth 2.0 coming? i feel like i've been reading about it for years. why is it that some coins like neo have been proof of stake for years but it is so hard for ethereum to implement?
this is why i just sold half my bitcoin and am putting it into ethereum over the next month or two.( don’t get excited... it’s not much.) edit: also hi! just joined this sub recently too...
how about gas fees?
when will it come?
i was thing exactly thus. later this year, proof of stake will reduce current energy usage by 99%.
is he buying eth and waiting to tweet positive energy usage later once he owns a lot of it? 🤷‍♂️
so when eth 2.0 is released we transfer what we have in eth to eth 2.0?
eth 2.0 is coming and it will cut power consumption drastically. > “that’s just a huge waste of resources, even if you don’t believe that pollution and carbon dioxide are an issue. there are real consumers—real people—whose need for electricity is being thisplaced by this stuff,” says vitalik buterin, the 24-year-old russian-canadian computer scientist who invented ethereum when he was just 18. these are my thoughts on this as well. people say well x amount of bitcoin is run on renewable energy which is a totally silly thing to say. that massive amount of energy could be used for something else if we switched to proof of stake currencies.
it does. it’s still on pow.
pulsechain will come first, it’s the ethereum saver.
i believe you but can you share your source?
apples to hand grenades
in the us, tesla cars run on 20% coal and 40% natural gas.
you’re comparing a damn car company to a crypto, the fact that tesla only emits 13x more than bitcoin is actually impressive, and bad news for bitcoin
bitcoin does not produce any carbon dioxide.
you’re implying there’s something wrong with ada, care to enlighten us?
same could be said of fiat in that case
shut up baby-dick, let the real men talk
oh yeah! i forgot about him
well said friend, eth is the solution to crypto i just hope we can find a solution to tribalism too
that's a wrong strategy
yes and no, btc consumes 0,6% of world's electrical consumption...for now, you'll agree that people who are into crypto, who use it on a daily basis (and not only for speculation) are not a majority. it's nowhere near as used as climatisation or google, so maybe when you compare it to these, it seems small, but we're talking about a currency that would need to be usable worldwide...it will need speed, scalability, sustainability. so i know people hate to hear it, but if something works better, is quicker, or more usable, it will overtake bitcoin. maybe not this year, but at some point, it is a possibility.
you’ll lose just as much value as they want and you’ll be powerless lmao
saying so would not save you and your only argument here is ''i am losing money and i refuse that''. , i understand it, but not sure that it will be enough to turn the table around
so because there are other shitty things, that kind of problem should be ignore ...? well, good way of improving a system...
got numbers to back up that wild claim?
what fraction of the financial sector do you think visa is taking? hint: it’s not even 0.01%. that’s the problem with that guy on twitter or people like you. there is so much, much more finance than you think.
>blockchain is a solution in search of a problem bullshit, blockchain is the solution to corrupt leaders printing fiat and causing insane inflation so them and and their corporate buddies can get richer. have you even read satoshis white paper? why are you in here talking like you know what crypto is when you very clearly don’t?
now everyone cares about the earth lol , we cant get usa to see eye to eye now ppl shitting on btc for doing what everything else in the world does
there's better solutions than eth if "energy" were actually your concern...
be nice if that could happen overnight. people care about profit over environmentally friendly aspects.
this is correct. ditching pow, which is the actual groundbreaking part of crypto, is just silliness.
mainstream does not need to accept banking systems or fiat. it's the otherway around. the chase bank near my house has solar panels on it. im not defending the institutions, im pro decentralizing and pro blockchain. im just trying to be realistic.
about 1000 times less then bitcoin. [source](
how many jobs does storing btc create? e: it’s a rhetorical question. the comparison is greatly flawed.
most of those things would also apply to bitcoin if it was as used as mastercard and visa, which it isn’t
>who gives a fuck about who the bank employs. this has to be one of the dumbest things you could have possibly said... banks and the ones who work for said banks lend money to consumers and businesses in both upturns and downturns to keep individuals, businesses and entire governments afloat. a well-functioning financial system is fundamental to a modern economy, and banks perform important functions for society such as providing security to the very job you probably walk into every day. without that security, there is complete and utter chaos in financial markets, and consumers would be in hell. banks play an important role in the creation of new capital in a country and thus help the growth process. don't spout off bullshit just because you're pissed you do not have a lambo in your driveway.
because fiat is not nearly as bad for the earth?
no, i didn’t miss the point. for the business, the economic irresponsibility of not accepting fiat far outweighs the environmental concern of it. it’s different for bitcoin because, what, maybe less than 5% of tesla purchases would be with bitcoin right now - it isn’t a big deal for them. not accepting fiat would drop tesla sales an incredible amount - the business would probably go bust, thousands would be out of jobs.
he has to be ok with accepting fiat. usd is legal tender. you essentially cannot refuse to accept usd if you operate in any us territory.
yes, but not meaningfully.
they're holding most of it so they clearly do not actually have an issue with the asset. all i can think is he is trying to pressure bitcoin to pos. or trying to manipulate price.
no, you are correct. 10% 101milll. comment above makes no sense. lol. why would elon crash the market to sell his coins. lol
they are liquidating assets like btc to cover their shorts in stocks like gme and amc.
hey, he didn’t pick the headline :). shoulda been something like ‘btc 100000 times less efficient than banking’, but the meme is all about total energy use so that’s the argument you get.
money tech advances too or do you still buy things with shells?
he is definitely a genius scientiist...who happens to hire other equally genius scientists. it's important to be intellectually honest despite our thislike of some of the things he does.
i feel this exact thing coming
people acting like a guy smart enough to operate space x and tesla, attempting to colonize mars, didn’t understand more than all of us about bitcoin five years ago? it’s laughable that he learned anything about it two weeks ago,
elon was always a shitty person, people idolize him for no reason
elon is playing on people's thoughts... just be firm of what you know and do own research.
oh you’re mad at a billionaire being thishonest? next you’ll tell me you’re mad at a politician for lying.
imagine being so unhappy with your life you think my comment is in any way bragging. a good chunk of shares could be 50 buddy. i'm not saying i'm rich, was only saying i have skin in the game with tesla and i'm a bull when it comes to them. like i give a fuck what random ppl on here think of me. especially little twats like yourself who spew hate to make themselves feel better.
> that is some serious market manipulation. except there is no such thing because crypto is unregulated. this is what y'all signed up for. it's an object lesson in the value of government and regulation lol.
i can understand that argument. it could just as likely be the other way around. they saw a trend of btc rising. they bought a shitload, then wanted people to use it to buy vehicles, in hopes it would continue to rise so they just sold those vehicle for 5-10% more than if they were bought with usd. now, maybe they see it trending downward and don’t want to potentially hold the bag and would rather take usd. but, i also don’t see how tesla accepting btc is manipulating the value of btc, unless it is being artificially inflated by the holders of btc to be more valuable and to get more tesla per btc. either way, someone is trying to manipulate the price in their favor. either the seller or the consumer. and this is why i feel like there will always be a strange transition so long as using crypto to buy goods and services is first converted to fiat. and that’s because of the inherent risk of using, say, 1 crypto to buy a car that would have cost ,000, and then in two months that same crypto would be worth ,000. would that car still cost 1 crypto or 1.5 crypto now? if 1.5, then are you even using crypto to buy it or just essentially converting your crypto to usd then buying the car (value-wise). it would work for me if the car cost 1 crypto no matter what. but as long as crypto is valued in fiat, i feel like we are just kidding ourselves that it will replace fiat. i would change my mind if, for example, a tesla model 3 performance cost 1 btc no matter what the btc. because the seller would be saying, “we know the ratio can fluctuate day to day, but we value btc on its own. this car will cost you 1 btc whether it is valued at ,000 or ,000.” of course that won’t happen. so i probably won’t change my mind.
wasn't that a while ago and not at all related to the sudden drop and decline of btc? maybe i'm out of the loop on this one.
same coin. eth will be eth. changes are behind-the-scenes
just a series of updates to the existing eth.
improvement, you won’t need to buy a different coin.
has all the answer you need….
wondering this myself. do we need to more our assets when it transitions 🤔
i converted all my eth to eth.2
think of it like a patch to already existing software
because it is not starting from the ground up as proof-of-stake - it has to transition while remaining fully functional on both networks and protecting the billions of dollars already invested in the space. also, it is very complicated. when was the last time you created a secure, cutting edge pos cryptocurrency?
we do not have to do anything, i believe it will auto convert. eth just becomes eth2
no, eth becomes one of the 64 shards on eth 2.0. you do not have to do anything. it's not even a hard fork. you get new tokens, eth is still eth but on proof of stake (pos) and with massively more scalability.
no. you do not have to do anything.
well said, pos will be huge freshment
yeah i'm in the camp that btc will eventually switch to pos as well, they just do not want to right now because they think it makes them look more secure to stay with pow. but it is inevitable with future power concerns
been thinking about that. i think btc as a base layer, ultra secure, final settlement and store of value still has a place as we transact on litecoin, eth, ada or the dog coin of your choice. from an environmental perspective at least you can project the co2 emissions from the btc network and limit it to larger transactions. good luck trying that with fiat. this would put the measurable value of the banking system into co2 terms rather than the size of a military to defend a currency. i agree you could use all that trapped energy to be more productive, like produce hydrogen when renewables are making excess energy. but we also have to admit we all value our banking. with btc and proof of stake together we at least can choose between high cost, high security and low cost . thoughts?
eth is the eth saver. the whole point of community driven currency is this.
lol what is pulse chain?
yes, but emissions are still lower than ice
so 60% fossil fuel. btc is only 26%.
that it is potentially vaporware? and this is coming from an ada hodler.
well, for starters it does not even have smart contracts working, so there is that... lmao
exactly, yeah... it's all meaningless tweeting to get attention... whatever floats his boat, i guess. 😆
who’s mcafee? i’m ootl
ok bro fix elon musk mood swings :)
no i agree, crypto needs to keep evolving. that's why i think btc will go with pos soon enough as well
it is part of the ethtrader premium membership. is this color particularly bothersome? it is the color they use for their "bull" flair.
again, we are clearly saying it is not an issue and the people saying it is are agenda-driven and full of crap. if it were a real issue, these people would be focusing on the real problems, but they are not, because the real problems do not fall in the agenda-wheelhouse being pushed. so in conclusion, we dont buy the bullshit, and do not care if anyone is "worse" because we do not consider it bad to begin with... and if we judged on actions over words, the people squalking about it do not really give a shit either (unless it fits their agenda, clearly)
if the problem you're pointing to is leaders not using fiat properly, they sure as hell are not going to use crypto.
holy buzzword soup, batman. dude, your deflationary currency has been around for 14 years. if it was as "revolutionary" as you want to pretend, it would have taken off *ages* ago. also, cryptocurrency *is* fiat. it is non-redeemable, backed by nothing but its own hype. also, nobody profits off of inflation. also, the deflationary nature of bitcoin is not a feature of the technology, it is just as arbitrary as any central bank, satoshi could have just as easily coded bitcoin to be highly inflationary. the only difference between blockchain currencies and traditional currencies is that the inflation or deflation rate of a cryptocurrency can never be adjusted. the hype cycle has rotted your brain. the purpose of money is to be spent, not to be stuffed under a mattress so you can hodl.
... at a rate far higher for far less use
there's other considerations than just energy.
ditching pow? you know ethereum is ditching pow for pos right? double check your sub
no clue. i do not have any of the answers, just pointing out some of the things a study would need to include if someone were to go seeking an answer. my guess is that btc storage does not creat anywhere near the number of jobs that storing fiat does, there would be some jobs associated the the design, manufacturing, and selling of cold storage options, but that would most likely be a fraction of what fiat requires in total. back to the original question of energy though, it would be interesting to see an actual study on energy consumption and carbon emissions in total for all aspects of bitcoin vs fiat.
so as a genius scientist where is his education in science from? where has his work been published? what projects actually have him listed in the research? i don’t think he’s an idiot, after all you do need to understand some concepts to work with scientists, but i don’t think he is a scientist. he is a visionary which people often mistake for genius, but he outsourced the execution of his ideas to other people
not illegal market manipulation though. no regulation on crypto.
hey its an unregulated market he can do whatever he wants, if i had the influence he does to make millions i would too
fucking el on she is a stinky ass cunt. now let’s fuck the shit out of his ass burgers
dude, what? haha. how did he scam his way to the top
like we all wouldn't do the same if we were able to make billions, though i would not since im greedy to a point but if i ever had a million dollars, just 1,not 2 not 3,ill be set, ill buy a house, i already have a car so i do not need another, donate a large portion ,and invest the other portion for emergencies, continue to work,and donate and help people out
ofc you are not rich, otherwise you wouldn’t say that. i had to say something bc of how pathetic it sounded. lol im not the one trying to make myself feel better.
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i think what makes it more interesting for me is that fiscal policy is so out of control at the moment that you’re basically starting to see that destabilizing of prices for assets in fiat - we’ve already seen it in lumber, other assets, surely with inflation it’s hard for a model s for example to have a static price, even in fiat. (projections for inflation are that high at the moment) i think we are reaching that fork in a couple of years where it completely loses control and we start asking the question of what is fiat money in the first place.
how do you update a crypto? i thought that decentralised meant that there could be no central body to alter a coin
jesus christ mods can we just sticky an “is eth2 a new coin?” post?
funny how fudsters like to think that “decentralized” == static code. i don’t know what planet these morons are flying in from.
no, you won’t need to do anything
oh that is great then!
if you do not mind me asking how does the staking work? will it be like it is for cardano?
and the gamers may finally be able to buy some video cards and stop being mad at us. :)
it’s inevitable due to quantum resistance….
the bigger the network, the bigger the security. with the growth of eth it will be most secure network by the end of the year at this point.
pulsechain will be a fork of ethereum that uses delegated proof of stake. fees will be near zero. ethereum users will receive airdrops to compliment all of their eth and erc20 tokens in the form of pulse and p(erc20). for example if you hold comp tokens you will receive pcomp tokens. pulsechain will have decentralized bridges to ethereum, unlike present chains like polygon(matic) where devs control the admin keys to the bridges. no one will lose any of their ethereum or erc20 tokens, it’s merely a fork, but it has support of the hex community, so it’s unlikely to fail. in a few days, users will be able to sacrifice erc20 tokens to aquire significantly more pulse at launch than would be thistributed normally during the airdrop.
emissions from the car, or from the coal fired electric plant?
john mcafee, created a popular anti-virus program in the 90s then sold the company, moved to belize, and basically rollercoastered into glorious insanity. he was pump and dumping coins on twitter a few years ago. there's some documentary about his downward spiral of a life and its pretty fucking crazy. [here's a video he did that showcases some of his madness](
then it will be ''late'' in comparison to eth no?
oh lmao, it is a local flair thing, i had seen it popping up and was under the impression it was some god awful reddit monetization creep. i.e. people paying reddit to color their names. i guess i'm a little sensitive to monetization creep but in 2021 i think i get a pass for that lol. carry on!
then things will end up the way they should, no worry
the point is that crypto doesn’t give leaders the option. it’s decentralized, they have no control over it. you are absolutely correct in saying they won’t use crypto, but that’s why crypto was designed the way it was. this is the solution to the problem of leaders immoral use of fiat
list some instead of one liners buddy, it wont even matter anyway both our points still stand
oh... thought "i'm into eth because of the energy concerns" was something you said... my bad
i realize that and i think it’s stupid.
without going to the effort though, the point is this is a bullshit quote and people are too quick to get excited about it. for the most part blindly backing it without remotely understanding what they’re supporting
if you think that is why banks were established, you need to go back to school. banking institutions were created to provide loans to the public. as economies grew, banks allowed members of the general public to increase their credit and make larger purchases. they were the merchants of the world, and they fostered economic growth. >there’s enough money in this economy for every single american to be a millionaire but your probably to shallow to understand that no, i just do not think you should be a millionaire for merely sitting on your ass and doing nothing productive for society.
nikola tesla never received a degree...just sayin. but i get what you mean and you have a valid point. however, i think being a visionary is orders of magnitude more important than any of the other other things you mentioned. there are countless genius scientists working dead end jobs going nowhere because they do not have the vision necessary to harness their fancy educations and knowledge. being published and being involved in research projects is not revolutionary or changing the world.
but we are more upset because he is doing at a cost to the crypto space: it’s technology and value as an asset. he has no respect to either of them. accepting doge for his space project is pissing on people who actually care about crypto. he was willing to make this amount of enemy (and many to come) just for his own profit. it’s upsetting and hard to understand what he is trying to achieve...
i absolutely wouldn’t because i was already rich as fuck. why fuck with the markets? he doesn’t need more money...
elon is an incredibly polarizing topic, especially because each side can bring up anecdotal and factual evidence. his companies build cool shit. he's good at managing teams of engineers. he's crap and brilliant simultaneously at pr. he does bad things, mostly, in terms of workers rights and unionization. he does not think before he speaks. there's no room for any kind of nuance in snippets on reddit, on many issues, and a shitbag of a person who's relatable and passionate and putting serious effort into making progress where innovation had stalled out and gets factory workers sick...
the source code is still centralised. it's just open source. it's the mining that is thistributed. when source code changes and miners do not agree that is when you get a divergence and the coin is split into two. i.e. eth and eth classic.
there are still developers that work on a project's code. the goal is to keep the underlying technology decentralized
you must stake your eth which means you can’t trade it until v2 has been released
you need to hold 34 eth minimum to qualify as a master node. i cannot recall the exact terminology. as far as i know yes, it would be similar to cardano staking.
"a key challenge for a network growing and scaling as quickly as algorand, is that we might grow quicker than our carbon neutrality plan. to guarantee that we will always be carbon neutral, we are in fact going to commit to being carbon negative. through our carbon offset plan with climatetrade, we are committing to always being ahead of the offset requirement of our growing network **and will take more carbon out of the air than created by our energy footprint**. algorand is now one of the world’s first carbon negative, layer-1, public blockchains (if not the first ?)." edit: bolded relevant part
proof of work coins are not goin' anywhere :/
umm in general the opposite logic holds true. the larger the network, the more potential vulnerabilities it has to be exploited
both. internal combustion engines are only like 40% efficient. so even with transport, conversion and storage losses of electric cars it is still way more efficient then traditional ice. it's easier to build one big efficient powerplant instead of small efficient engines.
this ^ if only everyone would think big picture
a word used for tech that is all talk and never comes to actually meet the outrageous goals claimed. it's called vaporware because it eventually thisappears into nothingness, like vapor.
as in, there is no product. obviously they are working hard on getting it across the line, but the final phases still seem a long way off before dapp development can begin that would give ada a basis for the valuation it is getting. it'll likely be beaten across the line by many other projects attempting similar scalability, decentralization and security. i think defi will drive the largest gains moving forward, for the time being.
this man is incredible
yes and no. michael saylor explains it best when he says that btc and eth are just fundamentally different use cases. so yes btc will be late in comparison to eth to pos, but no there is no reason to think that that means eth is going to take over btc's role as a store-of-value because that is not what eth's use case is
sure but if leaders do not accept it either then what are you going to use it for? mass adoption would not happen until it can be used like regular money. and if mass adopted where lies it is inherent value? regular money is based generally on the economy of its host nation and rises and falls with it. crypto has no nothing to back it up besides being rare. but i could draw on a piece of paper and say there is only one so it is super rare and valuable but nobody will give a damn. i think blockchain could be useful but not as currency
decentralised =/= denying control. they can certainly ban it or create legislation to provide some form of regulation. they cannot fully take over the system, sure, but a considerable part of the system (e.g. fiat <> crypto conversions) are definitely controllable.
most public quotes that gain traction on twitter are bullshit. i think the sentiment as i see it is the question of how much energy does bitcoin really use compared to fiat. btc is taking some big hits around not being green due to energy consumption and carbon emissions due to that energy use, but how does it compare to the fiat or banking industry. i'm not sure anyone knows. pos or post is probably better than pow in the long run due to being less resource demanding, but the blanket statement that btc is evil or something like that because it uses energy is not easy to understand without a relative comparison point.
it's almost like he is not trying to achieve anything other than being rich at any cost. it's almost like the only way you become mega rich is by screwing over everyone and having no principles whatsoever.
he doesn’t respect them because the value isn’t real. there is no value to a crypto currency. look at doge coin. the whole system is a joke when used as a financial store of “value.”
yes, that’s how you make more money than you could ever spend in a hundred lifetimes. you don’t make it to the top without being predatory. it’s why our system is so fucked we reward the coldest most hateful sob’s with empires.
the definition of greed
but more money 👀
may be the fear of losing money. could be the greed. 1 thing that has plagued humans is greed and the tendency to benefit the few than the most. not saying all people but humanity as a whole. honesty is also i think a bedrock of quality of life
good ass cunt bot
yeah totally agree. lately this sub has just been an anti elon echo chamber, which i get completely, but the amount of baseless accusations and claims towards the guy that are made on both sides of the spectrum is ridiculous and not really productive towards anything.
this is exactly why i always internally scoff at the idea that eth is (currently) decentralized. there’s mechanisms to strong arm the decentralized miners into compliance that truly undermine how decentralization should work.
both the users and the miners do choose which fork to support, its hard to say that process is not decentralized any group of coders can copy the contributions from one branch to the other, its a matter of adoption and interest
i remember choosing not to buy eth back then. what a fool.
yeahhhh no. sorry. you don’t really understand how decentralization works. your example doesn’t prove eth is centralized, in fact, it proves the opposite. part of decentralization is letting market forces decide the most legitimate chain. you’ve seen it with bitcoin even. that’s not a bad thing at all. the community collectively decided that the chain with the strongest and best developers is the legitimate one. regardless of what they voted for it’s certainly in the communities best interest to have good developers support. the beautiful thing about decentralization is say eth developers were awful then the community could have just as easily decided “nah your not gonna get your funds and we are gonna keep using this chain”. then new developers could have easily stepped in and worked on the project. that didn’t happen because the cost of losing ethereum developer support was greater then not letting the hack happen. it’s all about letting the market decide in decentralization. yes, that includes letting whales manipulate shit. yes that includes giving developers power over the network provided they do what the collective wants. the decentralized aspect is the fact that everyone can theoretically control ethereum. there’s no one who actually has complete control or the keys to the castle. the only way they have power is if everyone else agrees they do. it’s democracy.
oh yeah i forgot about the minimum quantity for staking. thanks
whats the physical process behind the bolded part?
i'm not sure that is true anymore. sold all my btc to eth. elon's tweet was like a huge shot across the bow of proof of work. no going back after this imo. the world knows what a waste of energy proof of work is.
that only really applies to web 2 applications. in web 3 from my understanding with everything being decentralized it will be much more difficult to compromise a network as a whole.
ice cars are around 40% efficient, power plants even after transmission losses are more efficient and less polluting per kwh. a tesla running 100% off coal fired electrical power in the us is cleaner than most or all ice cars running off gasoline. it's a lot easier to build in better pollution capture devices like scrubbers in a stationary power plant where weight and size is no issue and there is a full time maintenance team. it's also more efficient to design and run a plant at a certain rpm and output, rather than compromising to get acceptable power out of 750 to 7000 rpm.
wont dapp deployment be this year for goguen? i believe dapp development is already underway with the testnet live any day now.
he will ride into the sunset fueled on his own research chemicals and banging a whales blowhole
pow is the one thing that made all this crypto possible. it was the breakthrough idea. pos is much less interesting imo. downvotes commence.
buddy, i’ve got far more than a damn youtube video to pull from. i studied economics and business and have run 4 companies. i think i can pull a bit more knowledge than a simple youtube video.
dogecoin was never even meant to get this big. it was created to be used as an internet joke so you could give someone 1 million dogecoins because their reddit post made you laugh. of all the fucking coins to get sucked into the mainstream, why did it have to be dogecoin. "hold on" "we're gonna be rich!!" "spend your retirement fund!" "save us elon!" it used to just be a meme ffs.
i mean he’s the richest person on earth. and he’s afraid of losing money?? that just doesn’t compute with me. he’s just an asshole...
i don’t see why people shouldn’t be comfortable being against elon as a character. he’s a piece of shit. what else can you say?
decentralized as the internet its based on. everything starts somewhere
it has pros and cons. the miners want high fees and do not want their system to change because they are invested in it. vitalik wants to move eth forward and solve issues as he sees them. personally so far i think he is made good choices.
yeah bitcoin would never fork due to a dev thisagreement, right?
users who give the system value should set the rules by consensus. miners should be financially induced into following those rules but regarded always as a potentially hostile group. you need decentralization of miners for security to protect the value of the system but that does not make them the ones to determine protocol.
i actually prefer at this time how eth functions. miners don’t always have the best interest of the platform and the users, for instance fees are insane, and the miners don’t give a fuck, and started whining when the updates were built to lower fees for users and holders. if we were fully decentralized the miners would be holding us hostage right now. you see how hard it is for bitcoin to update. because why would the miners give up their mining rewards. bitcoin could easily move to proof of stake. or some hybrid. when eth moves to pos the holders and users become the same as the miners and i believe we can fairy move towards true decentralization.
it's 32 eth for staking, the master nodes are called validators and many exchanges are allowing users to pool their funds to stake so there is no minimum. a decentralised version of the latter exists named rocket pool with a 16 eth minimum. i'm not sure if they plan to reduce that or not in the future, it is been a while since i checked them out.
they did a blog post about this that has more depth but essentially they monitor the network energy usage via smart contract on algorand and automatically purchase carbon credits with [climatetrade]( to offset the emissions. it helps that the network is ludicrously efficient in the first place.
there is none. it’s just a promise. so it’s useless.
all due respect, if that was truly the motivation for you selling your btc, why would you buy eth and why wouldn't you instead by ada, dot, or algo or some true pos? eth is super energy intensive, just like btc, and there is no clear timeline for pos eth 2.0
last time i checked they were well behind schedule. in any case, polkaswap is already in beta. by the next bull cycle ada could be ready though, that'll be a huge opportunity in the bear market. maybe another 100x like this cycle, and we're only halfway done.
so because it was the first validation method to be used, you think we should just stick to pow forever? that’s a pretty poor reason to stick with something, especially in the tech field where things are constantly evolving. pos is faster and uses wayyyy less energy than pow, so why should you stick to something that’s less efficient?
your so cool your a pussy does it make you feel cool or tough to do that shit your fucking lame
and your post proves my point.
what are brilliant people who can make money for if not to better humanity as a whole. which he seems to pretend to be doing but looks like shit to me.
oh god yes! that stinky ass cunt smells good
i agree and by no means am saying miners should solely dictate the direction of the protocol. but at the same time, you said “users who give the system value”, and that quite literally is the miners.
but listen to what you are saying… the whole beautiful benefit of crypto currencies is that they are supposed to be trustless, which requires that they be decentralized. think what you will of the miners, and i’ll more often than not agree with you, but let’s not throw the baby out with the bath water on this. we must hold decentralization as a core tenet of eth if we want it to succeed long term. the problem is that the miners incentives do not align with the users and holders, and that causes a rift. but we must not sacrifice an inch of decentralization in an effort to re-align those values.
which part did you say was thisproven
actually they are already carbon negative if you read the blog post- this promise is enforced by smart contract on the algorand blockchain
i don’t really like the idea of those with the most money having the power to make decisions for the rest. i thought that’s what crypto was supposed to move us away from. pos doesn’t move us away from that.
>i made 100k at a car lot in 3 months at 19 with no prior sales experience. i could’ve easily scaled that beyond the worth of your businesses. lol okay, sure you could have. that's why you're stuck on reddit complaining, right?
because i'm agreeing with you lol.
we live in a generation of yung entitled simps and cucks who wonder... what's the easy way out? can't find it? canceled
i thisagree that mining provides all value to a crypto. if that where the case there would be a very strong relationship between decentralization and mining investment to the marketcap of cryptos but the existence of xrp makes that relationship hard to see. centralized shitcoins have marketcaps when there is little to no case to say that that value comes from newtork security. you also have ethereum tokens that are all just as secure as ethereum due to inheriting its miners but they are not inheriting the value that miniers supposedly give to the system. its way more complicated than that because all value is subjective and the mechanism for taking that subjective value and inputting it into a network token requires interaction between the monetary policy of the token and peoples abilities to bid on the token. it is the *belief* that the security of the network is valuable that results in trading not the actual security. the actual security is still important but it is more of a necessary condition like the cryptography working or the internet functioning. you can say take the internet away and all crypto crashes to near zero but that does not prove the internet gives any particular amount of value, same goes for public key cryptography. necessary but not literally the source of value.
it’s not decentralized if the miners can hold us hostage. it’s just centralized to the miners side. decentralization should be everyone holding, using, mining the coin can equally have a say about what is going to happen with it. it’s way more fair as a proof of stake, because the people holding the coin and transacting it, are the ones who get to vote on it. miners don’t even need to believe in the coin or invest in it. they just set up a rig to mine it. if it can’t be mined anymore they just move on and mine something else. eth moving to pos is insanely important for the decentralization of the coin and the fairness of who gets to vote. miners can go fuck themselves if they don’t like it. they fees they have been charging is the only fud we deal with!
ok, so i looked deeper, and i’m partially sold. i’m still skeptical that any process that requires energy can be truly carbon negative long term. a change to make the process cheaper and keep more wealth by dropping the carbon credits is just a fork away
how much you mine in proof of work is **also** directly proportional to how much money you spend on mining gear. cryptocurrencies do not move away from rich people having all the power. in fact, it relies on the economic systems that enforce that dynamic.
okay well bitcoin mining has basically reverted to the same thing. gone are the days when you could mine btc from your average pc and make a profit. now you need top of the line specs and even then you still have to compete with the giant mining facilities. ethereum would’ve become the same thing given enough time
do you believe that pow takes power away from those with the most money and gives it to those with the least?
guys please stop reporting this as misinformation. i followed up with your reports and he actually did say it [here](
less then 1% of crypto is used for black market... cash is still the god of drugs and guns
anyone have a link to billy g's statement?
bill gates the type to smoke weed with you then snitch on you right after
sorry to hear about his suicide.
bill gates hangs out with jeffrey epstein... ah cringe much? 😅
we cannot blame him because they did it on their phones and microsoft phones failed hard as fuck
people can manipulate “news” so easily to push their own agenda, it’s very scary
when exactly did bill gates make that claim? is there any context anymore to things posted on the internet?
or how about his polio vaccine that he thistributed to india. i read about that.
well we definitely can’t blame windows phones…
it's so fucking easy to buy drops online with crypto. literally easier for me to get lsd from amsterdam shipped to the states than it is for me to find a source here. couldn't do it without crypto.
people of power. people with something to lose or something to gain will always use some bs misdirection to thiscredit future tech. candle dealers to the light bulb. horse and carriage dealers did with with henry ford, radio peeps did it to television, newspapers to the internet, box stores to amazon, the list goes on and on. you cannot stop the future.
i thisagree with gates, but the clap back is pretty damn stupid. signing it “people who aren’t idiots” was kind of funny in an ironic way at least
true facts. complicity goes both ways big guy
>signed, >people who aren’t idiots i think they need to check the authenticity of those signatures.
fiat always has been the money for druglords and terrorists, of course with the help of megabanks who hate cryptos.
does anyone remember the zune? was supposed to rival the ipod. yeah, i didn’t think so suck it, bill
also, fuck you bill🖕
bill is just trying to thistract everyone from his own personal problems.
it's almost like he was pushing his agenda instead of looking at things objectively. 🤔
no cuz all the bad internet stuff is done through mac os
lmao does he blame fiat currency for doing the same??
cash is king in the underworld...bill gates has been so rich for so long that he has become so far removed from reality. brilliant man, but far removed from reality for a very long time.
mic drop on bills head 😂😂😂😂😂
bill gates wants in !!!! the new guard is taking over and he doesn’t like it also that people have caught on to him!!!
f l i g h t l o g s
this is from 2018. is this even relevant?
man that was one hell of a checkmate😩
i have a feeling this dude is on the epstein express. thanks for solitaire, i guess.
right in the ball sack
this sentence is a little bit messy. do they mean to say “blame cryptocurrency for the deaths”? otherwise it’s saying you blame deaths for causing cryptocurrency.
by that logic, the raw materials used to produce the computer are at fault too.
is he literally the oldest neo-boomer on the earth?
buy him out boys!
but tesla invented ac, he is guilty.
have we already run out of new tweets to post here daily so that we now repost stuff from 2018?
- torrents are only for piracy - bitcoin are only for drugs - dark web is only for child porn
this guys is profiteering off coronavirus and refuses to open the patents to allow 3rd work countries to produce vaccines. this boy doesn’t care about people. his philanthropic enterprises are all whitewashing is image. remember that this lad crushed small business and created a monopoly.
i've never understood the fascination with bill gates, he is a crook, has been since day 1, people forget he stole the source code from jobs, changed the whole world on a lie, even microsoft failed blockchain technology was not even theirs to begin with, the only reason microsoft is as big as they are through bullying and cheating, do not let this crook and his company dictate how we the communities handle cryptocurrency ecosystem... screw bill gates,
bill gates is a pedo piece of shit
maybe the difference is traceability 🤷🏻‍♀️
bill gates is a clown coming out with this, when his “vaccines” for illnesses across the world have caused millions too fall ill and
sure but lets say he is not the real seat of the trouble
i'll be glad when the world collectively agrees that bill gates is actually ben carson-level moronic and does not know much about anything beyond creating 90s tech monopolies and hanging out with pedophiles.
don’t blame him guys, you have to understand that the people behind the drapes who never comes out or has ever been heard of are the ones that are manipulating everything, and also probably lost out on the good crypto runs, and they actually have the power to control these people like bill gates and some of the top dogs that are known to the public. so, in my opinion it’s not really his fault, like trump , you think that’s how he really is??? it’s all part of a big act that we have no idea about.
oh so true. mr. population control ( for your own good). what a hypocrite. i guess he stopped sweating bullets now that his buddy jeffrey epstein "hung himself". from the bottom of my heart, screw your bill gates
and can we blame his involvement on the implementation of the corona virus?
off topic , but i hear that rocketbunny is on the verge of blowing up to the moon after releasing their dex. i’d hop in on that soon tbh
bill gates hate > elon musk hate
haha, what a fucking idiot
last time i checked the guy on the corner doesn’t accept bitcoin yet, just fiat usd.
check mate government and bill
i only buy my drugs through my apple computer though.
bill gates is a simp fuckboy who destroyed his marriage and foundation to fuck underage girls with jeff epstein
they're stupid they just cannot deal with having such a low level of control and oversight, they are going to makeup whatever they have to try and turn this into another completely regulated sector
ai! best to proof read before posting an ‘i’m not an idiot’ tweet.
from the article the mod linked: > asked by one user for his opinion on the technology, mr gates replied: "the main feature of crypto-currencies is their anonymity. i do not think this is a good thing. the government's ability to find money laundering and tax evasion and terrorist funding is a good thing. there’s a lot wrong in this single paragraph: - btc’t anonymous - btc, in fact the cia even said they love it for that reason, _and_ because people misunderstand it (so they make mistakes) - tax evasion? that’s quite the take coming from bill. but it isn’t evasion if you get special tax regimes because you can buy politicians i guess.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [irs]("last usage")(us) internal revenue service [sec]("last usage")(us) securities and exchange commission ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 6 acronyms.) ^([thread for this sub, first seen 26th may 2021, 15:43]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
odd, i always pictured my local drug dealers using macs.
usually i like bill but yeah fuck that haha
hate all this rich fucks trying to bring the crypto down.
i could not have said it better myself.
bill gates is the curse of this planet and you can blame him for far more with a little peak down the rabbit hole
just move to oregon if you want to drugs. a that shit is legal there.
hd a x. b
if you knew what you’re doing, you wouldn’t be using windows, you’d be using tails which is a linux thistribution.
gun people: first time, eh?
yeah, it works real well...ask silk roads guy.
dude just pissed, he wants to be the only person in charge of depopulation
you don’t get mad a car company of some uses it to run over other people. maybe think things out a little more.
the only reason bill gates feels that way, is because he did not think of it or could not steal it, microsoft even bought a blockchain company and still failed... so yeah, ignore that pos
pinche bill. eres un pendejo
tangible money never stopped drugs and alcohol from killing people. crypto certainly is not adding to it. anything people cannot control is therefor bad?. and familiar is good? as long as humans exist some will always want to change the way they feel because they feel. and they will go to any lengths to get it. and what about the 20 year olds in newport beach making pills laced with fentanyl? think they needed crypto to kill people? crypto and meme stocks are bad because the sec, fed and rich men who have run the finance works say they are bad because if they lose control of the money they lose the power they wield over the rest of us
i am sure mj used crypto, right?
oh and did they crypto impaired his judgement too when he cheated on his wife?
that’s sad... it’s unfortunate that people can’t just enjoy weed...
you guys know this event thing??? all over social media everywhere.free eth event. you can thank me after check this before it is to late .
60% of the time...it works every time 😜
short answer: yes long answer: yes, sir!
bye, bill, the lyin’ guy
asshole oldie is salty
wait till i tell em what has been done using the us dollar
megalomaniacs do not endorse anything that is not a product of their marvelous genius!
yeah but this shit never happened when we used money
fuk that rapey bastard
wait what? whoever is blaming the fentanyl epidemic on anyone but perdue. yeah, fuck lowlife drug dealers but that’s low hanging fruit and they’re just the pawns in the sick game. thanks for using my dead friends and family as scapegoats for your socioeconomic posturing, you complete and utter sack of shit
cash is 100% untraceable
i blame the electrons complicit in these transactions. when will you start accepting your responsibilities as citizens of the world, electrons?!
blame it on what you don’t like seems to be the narrative lately. all respect has been lost for this guy over the last 6 months
i can blame this universe for existing.
i wonder why he is so against crypto? guys do you think man is evil? i do not want to use windows anymore but i have all of my day shit in it
i do not understand. so if people paid for drugs and weapons with chocolate bars, we should say chocolate bars cause death ?
thanks for checking it! it’s the truth, guys.
his account was suspended on twitter 😑
cash is less likely to be tracable.
you're probably right and it is absolutely a false narrative that is projected onto crypto. however, did you know that 72% of statistics are made up on the spot?
yeah right, but people just need excuses
do you have any source for this or did you just make that up?
i didn’t even know i can pay the trustworthy dealer from around the dark corner with 1 ear left and his knife in a pocket with crypto! how innovative!
i wonder how many dollars were used to snort cocaine
thats impossible to know lol
maybe so but i bet there have been some steroid users make some money from buying their roids off the internet with bitcoin for many years back in the day haha
you can use money for good stuff and for bad stuff. you do not solve that problem by dealing with tools, you solve it by dealing with people. since people are idiots things cannot be fixed. it's simple as that.
it really is. people just react stronger with crypto, because it is new and many do not understand it fully.
now exclude speculation and run the numbers again haha
the fact that asking this question didn’t cross my mind until i read your comment is concerning to me
and tell everyone what a pothead you are and can’t believe you smoke weed.
ugh, everyone had *that* friend.
so tragic, one of the only cases of suicide in a maximum security prison 💔
jeffrey epstein did not kill himself.
we like vitaliks here, not bills or steve's. edit: and especially not jeffries
the fact we know who hung out with him and we cannot do anything about it makes me cringe
supposedly this is also why his marriage is no longer viable.
hey he said he was only checking the *decor* in epstein's house.
i don’t think estein is hanging out with anybody except demons ramming him in the rear with talcum powder covered members.
yup! he willingly interacted with a convicted child trafficker. the photo of them is from 2011, post epstein’s second conviction. wild stuff. but ya know, crypto = bad.
that is such a weird fact to me, damn.
so still like zuck
kind of how elon feels right now.
i agree. in light of this revelation, our only hope is crypto so please buy up my eth bags.
no, [edit] because it’s mostly run on linux
that mother fucker killed innocent boys and girls with his dumb vaccine.
another day, another reason to trust people less
yeah, once you get to that level of status and riches, you will do whatever it takes to protect it, i think.
not only that but most people who would buy stuff on dn wouldn't use windows lol
why is the clap back stupid? i think it’s pretty good at pointing out the absurdity of his argument.
i've yet to see anyone provide a link to bg saying what op is alleging. can you please provide a link to what he said?
i remember that piece of garbage 🤣
he was trying to pull a elon musk!! he forgets he is irrelevant.
odd, i at each moment pictur'd mine own local drug dealers using macs *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
he did not, this whole subreddit is a fucking dumpster fire of zoomers raised by ipads and fast food grease.
truth. every crypto transaction is on the blockchain.
unless you use monero, which is the true cash of the internet
and that’s a good thing. ain’t nobody’s business what people spend their money on.
yeah it is kind of sus, especially when people asked to get paid only in cash
you sneaky bastard, i see what you did there. take my damn upvote
48% of people believe them whether they’re true or not.
i only make up about 10%... the rest come from my photographic mem from internet sources ... so 90% are made up from there 😂
i'm having a shit right now. whats the odds of that?
i thought it was an even and round 69%...
of course ... edit: edit 2; would [you like me to read all of the articles and draft cliff notes to?](
no it’s not... every transaction that happens on any blockchain can be looked up
welcome to the simulacrum. enjoy your stay because there is no exit.
3 fucking years ago
he does seem like a dick.
epstein got twisted up by that guy that looks like bane.
oh man, i'll take vitalik over any of these others. donates to charity, calm and collected in interviews, no scandals...
microsoft took him off the board
ah yes jeffrey i like the drapes but could you show me the basement 😈
spent all my money on the dip already, sorry...
i agree bruder! what's your opinion on link atom ada xtz algo
thanks for the source!
bc it is someone tweeting at a billionaire. it's cringe to spend your time trying to send a snarky message to someone who would not see it, read it, give a shit about it, etc.
monero is the crypto of choice for these things, so not really. the biggest marketplaces do not even allow anything else.
if i sent you crypto to you wallet and you mailed me some illegal substances, how can anyone know what went down. all that can be verified is wallet1 sent crypto to wallet2, there is no way to know an illegal deal was made
not unless it’s monero. then it’s completely untraceable
well, yeah, but things like tornado cash can make it very hard tot trace you.
look up how many coins there are. over 10k. now again say it is the 'truth' that every coin is on a traceable blockchain. lol.
seriously im a grown man if i want to use drugs(i dont anymore) i should damn well be able to. as long as i dont physically harm or take what isnt mine its no ones business what i do or why.
can you link the source? a subreddit is not a source
you dont know what they are buying. the black market is not just tor sites.
and three years before that he said bitcoin is “better than currency”. he’s also sponsored crypto projects. we are thisrupting the economy
he's too busy creating solutions to global problems to really care whether or not you think he is a dick. god, crypto really is becoming an echo chamber cult.
he has quite the responsibility and i'm sure people will eventually find or try to find things to mar his image. but right now he is basically an ex wow-warlock, who wrote bitcoin articles for bitcoin, got smart enough to drop out of uni at 19, start writing his own coin paper, then declined an offer to work for google as a paid intern at like 10k a year. he holds a relatively small fraction of the total eth supply...he knows it would be extremely bad if he ever moved his 333,333 eth stash...he values transparency and "screwing the big guy". meaning he likely prefers to never be considered a big guy and will work towards not being one. more of a revolutionary than most self proclaimed onces ive met and listened to in the last 5 years.
i cannot stand how gates has cultivated this philanthropist reputation with his billions after it is well known how ruthless he was just like jobs. dude has enough money to change his entire reputation just like bezos it is insane how much americans follow cult of personality. pay off the news then bribe podcasters with the fact that they get to have you on their show and this dude basically walks around worshipped constantly since people do not want to lose the power of his connection.
it’s not a story the media would tell you, it’s a wrongthink legend.
it’s also written backwards. should be “blame deaths on crypto” or “blame crypto for deaths,” but the way it’s written now is nonsensical
it’s a statement. i think it’s brilliant.
oh goddammit, i thought this was a new thing. 2018? there's plenty of more recent shit to be upset about, why are we digging up old shit? thanks for the link though. answered my question.
do these still exist? i'm, uh, asking for a friend.
quick reminder hsbc laundered over . but let us keep pretending crypto is the major transactional medium.
parallel construction. probably illegally surveillance on the drug dealer but if they can then show you sent .
that's not what matters. what matters is whomever is making the millions off of all of those sales cannot hide that they are making millions. the gov just needs to know you're making a lot of money then they can do all sorts of things to get you.
you'd have to trace the cryptos to whatever sites they were purchased from. they got a copy of the entire silkroad server. if they can pull that off and spend some time tracking transactions and intercept packages they can do it. i was all in on early silkroad. bunch of dealers went down when it was busted open.
man i miss the dnm sub.
crypto like btc is tracked now. pretty much every transaction is public knowledge is there a csi companies to investigate who owns these accounts. monero is the only thing that should be used when you need to be anonymous.
so these “**dark web tor marketplaces”** all use “main” wallets... if i buy ketamine from silk-road (version whatever) from dealer bob... bob’s money goes into silk roads wallet ... from there it’ll go to bob once the user gets the package (these markets all hold funds until delivery) usually they do this with tracking encrypted and only the market can see it (like your money is in escrow until you get the goods) then they’ll release my funds to bob. these wallets used to be overlooked... **however** with all of the money in legit crypto now these wallets are tracked... not by the fbi or cops but by trading bots ... anyone who uses a dark web market for something **very** illegal you’d be better off sending a note to your local pd telling them ... it’s faster, will save both parties time... the only winners in any of these scenarios are the markets themselves... they don’t sell anything, they provide a service and they’re almost always in parts of the world where selling illegal shit online is not super important to the authorities _ but the users are almost always in countries where receiving goods like these in the mail is a **federal offense** i can explain better if you need
it is the same with cash, traficant's only accepts cash
there’s always a money trail. every big “tor marketplace” uses 1 wallet. if you know which wallet that is you can review every transaction going to and from
yeah lol. i mean he did hang with epstein lol.
like fucking and sucking little kids or using the poorest people in the world to experiment on in africa. youre right hes not a dick hes a criminal and should be hung.
>right now he is basically an ex wow-warlock i love that statement.
gates...always trying to frame himself as this humanitarian hero. eaten buffet is the original gangster never to be matched.
the he is literally a psychopath who uses africa as his playground.
i do not think he is really the same person he was when he was running microsoft, but whatever.
monero is going strong and there’s nothing inherently devious about the coin. my mates and i use monero to pay each other back after having a few pints
yea i understand if everyone gets caught, but most of the illegal activity isn’t being watched by surveillance. but to your point if i send it from a decentralized wallet and have the packaged shipped to somewhere random, anywhere but where i live obviously, there’s no way for anyone to know who i am or what i bought. the record of the transaction on the blockchain isn’t a deterrent for illegal transactions bc it just shows two random wallets exchanging a coin.
> and received a package shortly after drug dealers putting tracking numbers on their packages lmao maybe they do, i wouldnt know i guess
they don’t need to know anything lol why would anyone file taxes on money that isn’t taxed? especially when that money comes from selling items
i knew all about the silk road. i browsed out of curiosity. but i agree with you. i was talking about offline transactions
the market is running stronger than ever, that is a fact. go to any club, show, festival- make some friends and figure out where they got their shit. you'd be surprised
if i remember correctly each seller on the silk road or dark web had there own method of accepting payments. could be however they wanted. but yea i agree buying off the dark web is risky. and of course the tor app version of the dark web you can get in the app store isn’t really the dark web, the deep web is where stuff goes down. i never been. the fbi has a huge bag of bitcoin that they seized from the silk road. i think it’s a top ten whale wallet lol.
>these wallets are tracked the fact that you can create an (almost) infinity of new virgin wallets with one click changes the whole game though.
monero is a longggg way ahead of that
> but they said the same thing about bitcoin who and when? as long as i remember people always said that anything you buy with bitcoin is fully traceable
don’t forget he spoke on population control from a ted talk, [“the world today has 6.8 billion people. that’s headed up to about nine billion. now, if we do a really great job on new vaccines, health care, reproductive health services, we could lower that by, perhaps, 10 or 15 percent. but there, we see an increase of about 1.3.”](
matic is now very much on my radar. made me some money tonight. i’m wondering if it could moon.
this a good rebuttal in concept, but there are entire teams of law enforcement and at the irs working to untangle this web and they are doing quite well. let’s say the dealer gets nabbed, as many dealers eventually will, and he gives up his email account to bait his buyers for another buy in exchange for a lighter sentence. if they can pair the crypto addresses and times of an email and the “got it! i’ll ship it out tomorrow!” confirmation then they can trace back the purchase amounts, the crypto address it was sent from and the address that the email asked to send to. maybe the buyer emailed the transaction hash and the address. if the investigators can tie a few of these things together than it is over. microsoft, google, yahoo etc will give up the up address that was most often used for that email address, and the ip will turn over the billing records. if they can’t sort that out then they can use blockchain analytics to determine the on-ramp you used to buy the crypto. say you bought crypto through coinbase and you had to give coinbase your info in order to purchase. you buy 1 eth, then send it to an off-exchange wallet, then send it to your dealer who sends you drugs but then gets nabbed. that is so easy to backtrack, and coinbase will absolutely give up your name if subpoenaed. so in conclusion, if you wanna buy drugs online and stay anonymous and away from the watchful eye, you need - -a anonymous on-ramp to the crypto purchase. pay a friend to take the fall for you? he buys you crypto and sends it to you and you pay him cash? not a great friend if you’re gonna do that. -use a vpn and a public -an email address that you never use for anything else and never access without a vpn and wifi that is not in your house -a shipping address that is anonymous. don’t use your friends address since they’ll rat you out the minute the cops come knocking. a po box maybe? but who’s name do you give when you sign up for it, and how do you pay that cant be tied to you, cash? do they accept cash or does the po box place do a kyc at all? do they have cameras? if so you’ve gotta thisguise yourself when showing up to grab your drugs. -to avoid having your drug purchases from 4 years ago tying into your drug purchases today you’ll need to constantly be changing your email addresses, shipping addresses, crypto addresses. and you can’t say, “hey dealer! it’s me, stan, this is my new email” or that ties you back to your old addy, so you’ve gotta be a new persona to cut ties with that old persona’s purchase history. or you just buy your weed with cash from some dude, away from cameras, fast and easy. never traceable back to you. **i don’t do shit with any drugs, i learned most of this shit listening to darknet diaries podcast if you find the logistics of internet drugs fascinating. several interviews with drug dudes stories about living the high life and then giving an interview in a halfway house. good stuff.
because they can find out who owns what wallet. happens more than you think.
so these “**dark web tor marketplaces**” all use “main” wallets... if i buy ketamine from silk-road (version whatever) from dealer bob... bob’s money goes into silk roads wallet ... from there it’ll go to bob once the user gets the package (these markets all hold funds until delivery) usually they do this with tracking encrypted and only the market can see it (like your money is in escrow until you get the goods) then they’ll release my funds to bob. these wallets used to be overlooked... however with all of the money in legit crypto now these wallets are tracked... not by the fbi or cops but by trading bots ... anyone who uses a dark web market for something **very** illegal you’d be better off sending a note to your local pd telling them ... it’s faster, will save both parties time... the only winners in any of these scenarios are the markets themselves... they don’t sell anything, they provide a service and they’re almost always in parts of the world where selling illegal shit online is not super important to the authorities _ but the users are almost always in countries where receiving goods like these in the mail is a federal offense i can explain better if you need
because if you have any assets in your name, they will come for you. they literally finally brought down al capone on tax evasion.
no one with any sense would but the tax authorities have a column to declair illegal income and i believe they state in it that it wont be used to prosecute you but im not sure on the last part. several states have various "drug taxes" as theyre dubbed but most criminals dont pay i meam why the fuck would you other than the fact it makes it so they cant nail you on tax evasion. but if you know someone willing to give you a no show job or if you start a front company thats not really an issue anyway lol. or you could just buy things that are cheap and untraced like live in a cheap apartment but pimp out the inside wesr lots of jewelry basically just buy things that wont get you watched lol.
me too i browsed it when it was silk road one they had coke and heroin on there that looked straight from the source one picture i saw was coke with colombians in masks with guns around it. i saw some heroin that looked the same only with what appeared to be afghans and there was righting in pashtun or maybe arabic. man i wanted to try that shit back in the day. but to anyone wondering i dont do coke or h anymore haha. but i do wish i had bought bitcoin back then just the loose remains from a transaction back in 2013 2012 would have been real money haha. but buying bitcoin back then was too complicated you had to like meet up with people so i never tried if only it was as easy as now.
i mean i knew it was not going anywhere. the darknet market system is too good. i'm glad it is still around honestly. it's safer than normal drug dealing. my only issue is that some of these drugs probably put postal workers in danger. especially fentanyl. but that'll get shipped regardless.
i think they sold that off at auction thats what comes of the vast majority of shit they seize. and if the past is any metric who ever bought it likely got a fucking screaming deal. though there are individual feds who stole bitcoin during those investigations. but that doesnt surprise me most of those "vice" cops and feds are just as fucking crooked as the people they pursue. in fact in my opinion worse at least criminals accept who they are the cops try act like the good guys lol.
yeah dude its public knowledge who flew to his island. you can look up flight logs also they have pictures together and lots of people think this info is why hes now divorced.
yeah he sounds like a great guy 🙄. people like him should be shot and thrown in a ditch theres already enough suffering in the world without the elites purposely adding to it.
kraken or cake wallet
swap to another crypto on an exchange, or cash out on one.
buying drugs or illegal item online is a very risky especially if you don’t know the source so i agree with you. i know i wasn’t clear on it but i was speaking on the two parties knowing eachother, however that may be and not buying online from random people like back in the day on the silk road. even though there were reputable stores on there but still very risky stuff lol.
that’s why you don’t use google or firefox or anything like that you use tails os system if anything
what happens more is they have no clue the identity the owner of the wallet. and again you can make up any situation to fit your narrative. the point is if i sent you crypto and you sent me some in thing illegal, 99.9% of the time we will not get caught.
what do you think happens on dark web drug marketplaces?
we can go back and forth all night and play out a million scenarios and do the what if game or come up with scenarios to fit your narrative. this doesn’t change the fact of my main point of the transactions are nothing more then a random wallet sending crypto to another random wallet. how those two people know each other who the hell knows, that’s not relevant to what we are talking about
yea bro a drug king pin probably will be questioned about their money one day. a 20 year old weed dealer not so much.
those investigations take years generally. and are designed to connect members of an ongoing criminal enterprise and its leaders and is mostly used agaisnt organized crime. its certianly a tool they use to get people for drugs sometimes. and in my opinion its unamerican in the powers it gives to government but thats neither here nor there lol.
lol do you know what rico is
i'll look into it, thanks.
i hear ya. but still, two parties that know each other, maybe eventually drift apart and one party gets busted years down the road, your history is always there for the public to peruse and make assumptions about. you may end up in a situation having to defend yourself from shit you didn’t do because you sent a transaction to some dude who was a fucker in secret. high end criminals know this shit and either doing a combination of the shit i mentioned in the prev comment or they are just sticking with cash. there is no tracking system on the serial numbers on dollar bills that ties you forever to those bills and where they came from and went to. when high end criminals use crypto they have to do layers of opsec protection, decentralized exchanges with liquidity, crypto mixers, etc, and then eventually they need an off ramp like local bitcoins or sell on craigslist to cash out which is gonna take forever meeting small time dudes at the grocery store parking lot to sell , wait for 30 mins for a network confirmation and then go do it again to cash out ….it’s just too cumbersome. just use cash and find a local buddy. if the local buddy decides to do dumb shit 5 years from know they won’t come knockin on your door as a previous customer like they can with the endless public history of crypto transactions. which is basically my point to the main point that i totally didn’t address. bill gates is clueless here when he is blaming crypto for drugs stuff. get your shit together bill! edit: clarity
sure, that goes with most crimes. however, if you look into how dealers are getting caught you would see all they have to do is follow the money until it hits an exchange. from the exchange they usually have an ip address email social security number something like that. they go for the easy fish, there is obviously ways around this (monero) or being super on point with btc. shit even cashapp will ban you if they see you are using btc for gambling.
that entirely depends in what level he on, and if he smart enough to hide any assets he got. he a link to a bigger fish, or irs, fancy car see he got a house or expensive car, but no source of income, bet they will come if it will get em if they think they can get something out of it. reality is a lot mostly get away with shit cause they too small for anyone to give a real shit.
like drug dealers? i'm obviously not talking about individual buyers, but the marketplaces etc
almost any individual who sells drugs can be connected to a larger enterprise through rico because most illegal drugs come from larger thistribution networks.
no problem its crazy.
oh i agree cash is the best way to stay under the radar. i was just saying that digital ass we s such as crypto are just as easy to stay under the radar. it’s probably done everyday with cash app and venmo with usd and that’s probably the worst way because your identification is known. so defi wallet is better than that. and one way it is better than cash is the whole deal can be done without meeting or exchanging hand to hand. i send you crypto you send package or at a drop of and i pick it up.
you have stats to back that up? i don’t ever hear of anyone sending crypto to someone in exchange for whatever and then getting caught. and how do they know who to watch? and who’s watching and how do they know the reason for the transaction just by monitoring the block chain? and there’s plenty of wallets that require no identification. of course you are correct with and idiot trying to make these moves lol
yea the guy i’m talking about is real smart. and he ain’t that big. so no one is watching him. he flys under the radar. he’s smooth like that and yes i agree most are too small to even spark a interest from authorities
well yes but they have to be tied to a criminal enterprise which the market place could be one facet of. they would also be looking in to money laundering or any other crimes to add predicates. like i said they would possibly use rico but it takes a lot of time and investigation it doesnt happen quick. rico would be what they use to bring down the owners of the market place. the drug dealer on it would for the most part just be charged with manufacturing or thistribution unless they were running the site or part of its admin. the point of rico is to prosecute people who facilitate or order criminal acts and are typically insulated from day to day crimes.
well sort of but the point of rico is to go after people who cant be prosecuted for anything else because they dont actually commit day to day crimes. its more for going after the leaders like the site owners in this case or mob bosses cartel leaders big fish basically and generally dealers online are middle fish at best theyd be prosecuted under drug laws and used to build a rico case against the site owner's. its much more complicated than most would think theyd also have to prove that said organization exists just buying drugs from someone means nothing the state has to prove theyre part of a cartel or other organzied criminal enterprise which cam be hard to prove beyond a doubt even if its obvious. although in the case of websites proving it exists isnt the hard part its proving who actually operated it.
just dont buy cars or houses live in a cheap apartment buy shit they dont watch like jewlery tvs things to pimp out you little place. or you could always start a front company or if youre really lucky you know someone willing to give you a no show job so you can file taxes.
[tip this post any amount of ]( (by [7:27pm utc]( to keep it visible.
i wouldn't want to have that many monitors showing me the same red color and making my whole room look like a satanic ritual.
i love everything about this image, but the chair most of all.
i sold every piece of hardware i owned to buy more eth. now i'm rocking with a sony ericsson w810i that makes my life way less stressful because i cannot look at the charts with it.
well if you bought in with , yeah this would not be a joke meme 😂😂😂😂
that's a lot of screens to tell me that i'll be eating ramen for the night.
dam it’s not that serious lol 😂 just focus on a few things don’t be all over the place
if someone deserves the title "crypto dad" it is this man.
ain't much, but it is honest work.
looks like a scene out of startrek. lol do you honestly need so many screens? 😆
the chair made my day!
to the moon right?
lol, i can relate. there is not a decent cryptocurrency charting software that allows you to view several charts simultaneously but there is [cryptonovae's beta]( that allows you to this but still in beta. anyone know any other software like this?
when i hodl i used to think this was stupid. now day trading i realize on how important having multiple screens is. btw red charts can mean shorts which means money.
looks like he doesnt know that there are tools like „mouse without borders“ from ms garage or different.
i think he’s up to
wtf is he doing? all price no chart! lmfao
this is amazing. lol
a couch to be more comfortable.
where did you find this pic of me?
this dude it totally in the matrix!
it looks like we’ve hit a potential double bottom. i bought more at .
how did you get a photo of me in my office?
ha, that is me too but with 35$
the cash used to buy those monitors... gosh that would've been better spent on eth instead smh
ok, going from all the red on the screens i believe actually is crypto he is trading.
chair looks straight out of the holiday inn
well .50 per monitor, makes sense to me me.
with all that vid power why don’t you just mine?
this guy better be making 10000% returns 😂😂😂
that was me 3 weeks ago before the great collapse.
all that and no swivel chair lol
can anyone explain his setup? lol
that’s a terrible chair. can’t swivel to the left
gotta do it again somehow lols
one day it will be 👍🏽
that’s me with all my stocks
that’s a lot of red.
that chair looks comfy
today so many monitors would help from the past days for sure!
you mean 37 dollar of eth?
like 🆙 🆙 🆙
0x7bbd28... [tipped]( you 5.0 donut!
same. got stuck out of town and my card was on decline had to sell 50.
that sure is a lot of equipment for
the stock charts on all those monitors are only hiding a massive dark web porn site
im jealous of his chair shit looks comfyier than a motherfucker
stop frontin that’s 😂
🤣🤣 this is awesome. you love to see it!!
can we talk about the chair
invest in office chairs
whatever it takes to feel smart!
i feel like this many monitors means you’re bad at dashboarding
what’s the deal with ? is there anything to this story or is it just hopium
ethereum max , on the market
thus is me matching pornhub
lol, i know people tracking
laughed so hard i actually spit out my water when just scrolling...
man i remember seeing this picture in 2010
“gam gam... can you heat me up a hot pocket.” “ok, sweetie whatever you need. you enjoying playing your video games?” “gam gam, these aren’t video games! this stuff is important. i’m gonna be rich one day” “ok sweetie, just have fun”
he needs a bigger chair with an evil swivel accompanying a much eviler slow clap.
my girlfriend would be like, all you do is play games
keep building that stack, king
damn that’s a lot of screens lol. how does he keep track of all of it?
god damn grandma chair
ok, ok - this one made me chuckle.
at least one more 32inch monitors to complete this setup
whats the symbol after the 50?
50 dollarsman boy atleast one when it is worth 40 grand you will be happy
yep gotta keep on top of that. alt coin season is a fun ride.
happy trading. hope you are making money 💰
those look like 1080p monitors. he could replace all of them with 3 4ks
lol i think i laughed too hard at this one
nice setting. i like one some day
nope it is different it was , so now it is more
don't forget about your
dude. i told you to not take a picture of mine. damn bruh
hope he share some tips:)
but the setup is for .
damn, son you spend more on electric bills than invested in eth 😂😂 🙌💎
not enough monitors with so much money on the line
i find the whole "trading setup" ridiculous and pointless, i see many people investing in 4 - 8 screens for a "trading setup" all you need is max 2 screens
wow that is awesome what you posted.our community needs some greatly appreciated people like you.hope you will join r🔥
i want to visit you
this looks like my desk right now. working from home this last year i have a second set of double monitors right next to my personal ones
hahahaha , you made my day
this set up is designed for some serious shitcoin ta! let’s get safemoon and cumrocket in there!
jajajajajajajaja the equipment is most value than, the asset
😂 i have a solid .01 eth lol
no thanks i'll keep my 1 screen an that is mostly my phone, it is not that complicated to buy...
buy more while you can, and godspeed
how’d you get that picture of me?!
that spine would not last.
imagine this guy on pornhub...
the chair is the best part, lmao
you don’t need to do all that when robert de niro can do it for you!!!
dont miss out guys and girls, the current promo from the eth god himself is amazing. i'm so shocked. so much btcs to give from tes, we love you guys! last chance everyone go to not much time left.
you’ll afford to buy some more eth if you didn’t buy a monitor after every paycheck….
keeping track of crypto has made me ocd!
i know, i'd rather see green too
this guy may be from china where red means price rise! 📈
all these red dildos scare me
lmfao dude that killed me , the same way did that red time kill a part of my wallet. srsly made my day tho xd (enjoy the award)
you win the comment section
he looks chinese, red can mean up!
switch half the monitors to thisplay red as green, problem solved
omg. is that windows xp!?
hopefully, you'll make enough profit from that .
like, it is not even a swivel chair...
he'll retire from day trading within a week due to crippling back pain.
it's hard work, man needs some comfort
wow! with all those monitors i didnt even see the chair.🤣🤣
looks like he spent all his money on monitors, and got the chair from wish
1000% - drop the eth into the poly network on [ where fees are literally $.0001 per transaction. and stake it on: [polycat]( flip the - at 300% apy - making so much more eth way - what yield farming is supposed to be!
ooh the walkman phone. i still have that one(in a box) with the flash accessorie and the stupid proprietary sdcard and charger.
>sony ericsson w810i sometimes less is definitely more (peace of mind)
i bought , so you could say things are getting pretty serious.
all he needs is a 70k% increase from today and the 50.5 million.
but then it’s not ... joke only relevant for . sorry for being boring. i have a dull day
that's true, good point.
making millions with these
even the smallest of money goes a long way by investing it wisely.
but the question is... with or without spice package?
haha i love the term "crypto dad". like, does he also make dad jokes about crypto all day?
mostly reddit and firefox.
that's a good tip, thanks. personally, i do not know.
i actually have no idea, honestly
first, you gotta make some gains...
it's a project and it is a promotion probably another pnd
believe everything(!) you read on the web:
50 dollarsman knave atleast one at which hour t is worth 40 grand thee shall beest joyous *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i am glad i did!
we all gotta start somewhere!
eth giving green again!
who does that shit...
get you a nice gaming stool.
i actually have a swivel chair myself, and it is great.
or at least enough to put some casters on it!
it could skyrocket any second. he does not want to miss out on any profit.
was about to point this out, i wonder how he shuffles between monitors
it was the first thing i noticed!! lol
ah yes, the 64mb sd card that let you store 3 whole songs and 2 photographs.
depends how tight you hold, you can be millionaire
spice package is for winners
half the spice pack, that way you get less sodium because we might be eating them for a while
throw out the package. use a bullion cube. i know, we spending big now
it is some redditors dad. he posted it originally in r
i hope he does lol
you're right. the gamer chair can wait.
i do not know how he does not hate to constantly turn the chair when he has to work on two screens that are on opposite sides lol
nah my man got grandmas chair to increases the probability of luck
the chair is resting on a lazy susan.
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i love a green colour
don’t call her that. she’s really trying.
we put susan on the lazy susan, then we...
oh damn, it was actually a bot
[tip this post any amount of ]( (by [5:50pm utc]( to keep it visible.
50%? try hodling 95% portfolio losses, i member.
paper hands getting rekt. selling is illegal
im still holding the eth i bought in 2017 and i know the feeling of the 2018 crash. this is nothing lol 😂
i don’t own a sell button.
my regrets of not selling at . shhhhhhh...
i have a an order in place for 10 more eth if it goes to . yolo edit: i already own 5 that i bought for
i tried doing the noble thing for eth, but ended doing the stupidest thing and it cost me 1 eth!!!! 🥴 sold at 2096 my 5.5 eth from robinghood cause i wanted to move my money to coinbase. saw the eth go down to 1800, so i was smiling about my move. tried taking a dump and before i could wipe my ass eth was over 2300!!! i effing decided to buy back before it would go back higher and thus, losing 1 eth and still staying with mother effing robinghood!! to make matters worst, tried buying ada on coinbase on the dip, and that shit still pending. f me!!!!!!!
i feel like my balls have grown so much bigger in the past week. let’s get through this, hodl gangs!
i was in a similar situation back in january with some stocks…. a huge lesson i learned is you only lose if you sell. this market is going through some serious shit right now. it will 💯 go back up. it might take some time but fuck it. just keep buying. the reward will be so worth it in the end. the dip is psychological, don’t think of it in terms of losing money…. kinda like the glass half full saying. we got this.
man if you can sell for a loss right now, you’re hella new to the space
god i’m down about 60% and i know eventually it will go lower but i’m laughing at your post and literally laughing at everything! am i gone mad? maybe😂
no loss if no sell
i have no choice. it’s locked up staking or in hold mode on celsius. let’s see where it all shakes out. good luck to everyone!
before i got into crypto i said to myself “what’s is your moon” and i said “my moon is 16 years away and if that doesn’t work my daughter can hold and she can reach my moon and her moon ( she is 6 months old now)”….this drop is one of many i will have to go through to get to my moon. lfg this is just the beginning, the future is bright and new technology can’t be stopped, be patience, stick to your plan, find a hobbie and love your family and friends…crypto will always be here, you and your love ones won’t! cheers mates!
i bought right before this dip. been buying the whole way down the dip. i can relate to randy, beat to shit and bloody.
why would you sell when the price is down. retards get rekt. diamonds get paid.
i’m fucking holding boys. i’m only down 2.4k at the lowest dip! come on boys eth is the future!
i said to myself, go big or go home. either i am gonna be a millionaire or i do not care.
well if you took profits the way down is much easier.
i mean it shouldnt be hard for people who had to begin with. i bought at ath 5100 cad... so i'm actually down 50% not i gained 1000% and down 50% and crying about it, i'm a noob, i fomoed, bought ath and now am actually down 50%, and it is a relief, 20-30% hurt and stressed me, 50% feels like it is all gone, i think i am immune now
whenever the market drops, it just gets me excited to buy more at a thiscount! i understand feeling uneasy about the drop, but it’s obviously going to climb right back up at some point, and then some!
why would you sell when it is low? low is for buying!
im not panicking you’re panicking
hodl on for one more day. things are gonna change . things are gonna go your way ... hodl on for one more day.
i’m waiting for the capitulation. that’s the last stage
pretend you lost it at the casino and forget about it.
if prices would not kill me that gass fee of 1949 will definitely will
i’m heading to the slopes. hoping some black diamonds take my mind off this mess
i love the energy here. don’t sell a damn penny. we can go to mykonos next year.
oh lord, i just bought 5x eth 3400 ☠ just gotta wait till end of july aka eoj!
no bell and i'm still throwing punches ie. buying!!!!!
fuck that’s me. fuck. checked while working a couple of hours ago and almost fainted. i’ll check again in a couple of hours. fuck.
i sold at the lowest price with a tortured mind, and it went back up 😭 i was never meant to make it
honestly, i feel like this is all my fault. all crypto was bullish until i decided to buy in. i'm sorry everyone for the trouble... i suggest you all buy the dips i created.
this immense volatility separates the believers from the visitors. never forget bitcoin went from 16k to 3k to 65k
why do they even make a sell button
i’m honestly just buying more this is the correction we needed to put us back on a bullish track
i think crypto will bounce back quite easily. this might be an unpopular opinion but the main reason for this crash was china regulating the crypto market in favor of its own digital currency (which is, surprise, highly controlled by the government). the digital yuan is what you get when you wake up and choose violence because every piece of currency is traceable. it will never be crypto.
just bought some more since it was on sale!
hodl or die! only the weak ones selling everything now. strong ones buying the dip!
meh. sold once i hit my basis. still have like 40% in but west coast hasn’t even rolled outta bed and this is titanicing. taking it out now. buy the even bigger dip whenever the leak gets plugged. get it at a better basis anyways.
can’t hit the sell button cuz my hands are solid fuckin diamondssss. 💎💎 hodl til 2050!
i sold at 4k. couldn't be happier right now. will buy again at 1k$!
fuck this i sold everything it’s going down to a 1000 imo make some money while you can
i sold yesterday and rebought more shares today
get out while you still have something left to put into dogecoin.
coin base is overloaded!! can’t buy more right now on the big ass dip!!
ether had left the conversation...
am i the only one coinbase won’t let me log in?
i wanted to buy but the platform did not let me.😤😤
went from . oh well good thing i'm not selling and i do not have too much invested
guys do not worry i heard that fan long is bullish on this
this is just a passing cloud
i bought the dip… again…
i’m not mad. give me more time to buy low each paycheck.
the thought does not even cross my mind to sell.
anyone else excited about this ?? learned my lessons in 2017. hodl
eip-1559 and the merge. 💎🙌
u[tipped]( you 3.0 donut!
this just became a long hodl.
looks like the only way to make the portfolio look better is put more money into it!
you guys can sell with that high gas prices ? uniswap is basically unusable at the moment 🤷
i woke up this morning just sick looking at the numbers… it took my wife putting everything in perspective this morning for me to just sit back and go “ oh well, try not to stress cause it’s all gravy”…. i put in 12 k a few years ago and watched the first crash and hodl’d for the next few years to watch it go from 12k to 100k. i took out ,000 a few weeks ago because i wanted to pay down some debt. even if everything drops to next to nothing then i’ve still doubled my money and i will just hodl what i have left until it’s worth something again because bottom line is i already doubled my money and everything else left is gravy. i hope other people are in the same predicament and can look at this from a different perspective. this is why i tell everybody don’t they trade crypto and if you’re going to invest, invest for the long-term because of shit like this…
i don’t have any ethereum, but this is applicable to all cryptos right now lol i like this
-38% that’s all you got
hodlinh? shit im buying!
ok that sucks, let us check the nasdaq... right, time to buy
death before thisbursement! get in on these deals, y’all!
make a plan you can afford, automate your buys over time, delete the app. remember you had some coins 5 years later and go buy a house. kids these days have no financial sense.
i have to hodl because i staked on coinbase for this exact reason.
just a reminder that the bull market is not over
something like six separate 30%+ dips in the last bull cycle? cmon. up only.
what else is there to do but hodl?
this will just make it even more fun when we hit ath again
i have lost about 90k for etc and 80k for eth. i can not hold on any more with margin trading. they just liquidated my account. so sad but not thisappointed, i have learned a lot : 1 :be careful with leverage margin trading 2 :do not be so greedy 3: protect your capital 4: have faith !
you should be buying not just holding
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [etc]("last usage")[coin] ethereum classic [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise [macd]("last usage")moving average convergence, an indicator of the relationship between two averages ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(6 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 6 acronyms.) ^([thread for this sub, first seen 19th may 2021, 15:18]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
i’m actually apathetic. like, seriously. this crash was expected. but it will bounce back.
i'm the best around!!
i need to share this with my friends haha. wonderful post
i'm just pissed that eth was trading below 2k today and i did not see that. missed the sale of the month.
we're still up several hundred (or some folks thousands) percent, what's happened this week has only taken us back a single month. i could understand if we'd regressed a year, but a single months worth??
never selling until i got a million. i got £300 right now after this crash!
i saw the price was tanking so i paid some crazy gas fee and sold with the intention of buying back for less, it immediately shot back up so i rebought. don’t be me
was down 2k at 9:00. ate the dip up quick. probably gonna dump again. i’m still hodling like a boss. not selling until 10k
you’ve only lost money when you sell. aside from that day its only numbers on a screen.
the whales shaking the paper hands out the game.!! all i see is buying opportunities!!
just re-upped 400 in the market. 💎👋
yummy - that was a juicy dip.
well i paper handed most of my bitcoin... but i paper handed it right into eth. is that a round about diamond hand move?
i would buy but coinbase is down for me
holding on for dear life!
aaaaand its gone...still hodling!
i’m not only hodling i also bought the dip. if only coinbase let me bought when it was 2200... i would be so happy.
funny thing is, eth is still up \~30% in 90 days.
i needed this. thank you.
always hold. ride the waves!
selling is the only way you lose money. in crypto for the next 5-10 years. events like this are just when i buy
it hurts to look, it hurts
looks like eth is on sale today hell yeah!
i can fell this right now
you don’t need to hold. just swap over to dai, buy the dip and get right back into eth with some profits
i don’t even know what that word means!!
i’m down 41.42%, but i’d rather die than sell at a loss f⚡️🔥k that! dimond hands 4 lyfe 💎🙌🏻🤙🏻💎!
i bought on 1700ish, so still got some winnings there. hodl
this is funny, but you should sell and rebuy, no wash sale rule in crypto afaik
suicide was lookin like a good choice before ethereum, it’s starting to look even better now
amazing buy opportunity... just a bunch of institutional investors experiencing their first vested dip in my opinion. i wonder what the swing back will be as their purchasing power moves to buy the dip!!
finally bought one whole eth. thank god for the dip. phew!!!
f\*\*ck yeah we're still hodling
yes ! randy show us the waaaaaay
nows the time to grab that bitcoin while it’s low, we missed out earlier on when it was super low years ago, this is god giving us a way back in 😂
diamond hands is so fucking cringe, what's the age group on here?!
sheeeyat sell yo mama!
buy the dipppp 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
patience is the key! do not sell too early or sell because you think there’s no comeback 😭 have faith in your beloved coins
this was me at 7:00 am ct. i put 100 more in tho and took them hits like a champ, held tight
cried for a min & bought more! 🤪
i didn’t feel nothin! 🥊 i bought the dip.
yo! price is going down. the market gives you a discount! its a great chance to buy eth at lower price for now! dont sell it, buy more while you have a thiscount.
50%? that’s like... 45% less of a drop than ‘the big dip’ :) _yolooooooo_
it's all about that long game
just a test, buy these thiscounts🔥
hold until im dead or 50k comes along 👀
kucoin eth3l looking tempting
if this is your first rodeo, yep... [if not...](
you mean y’all aren’t buying the dip? am i doing this wrong?
buy high, sell low!
me down 10 k at the moment
why did it only stay at ? i'm literally pissed. i was ready for this to last a few days minimum.
already on the way back to 4500
where’s those diamond hands
still holding shitting bricks 🧱 the whole time
i bought 15 eth at &1500 each... am i sweating... of course... but i’m holding... no matter what. great things are heading our way this year... hang tough.
im finna turn into a whole ass diamond after this
me right now lol
i got lucky, my threshold for selling was passed when i was sleeping and now i'm in the "going down with the ship" phase that made me hodl since 2017.
it's still up 1276.48% for 6 month
my eth is staked so this is all just entertainment for now.
hah, funny. i suppose you're expecting the no bell prize now, huh? 😋
finally i can buy more. and if you are reading this, be smart and buy now if you can. in a few weeks you are going to kick yourself.
at this point i'm holding for the memes
i figure once your down past 5 percent you might as well just hold another 5 percent, and then 5 percent.
instructions unclear, bought more.
took an absolute beating today. thought it wasn’t gonna stop at one point. let’s hope this support holds.
i delete robinhood during times like this
hodl strong! oh and i’m buying lol
i ain’t selling unless my genitalia is threatened!
i bought what i could afford and now i’m losing what i can afford to lose. it can go to .5 a coin and i can still afford it. i don’t know if it will ever go up enough to put me in profit but i can afford to wait and see. on june 1, 2026, i sell, up or down, unless it reaches my sell goal before then. i hate it but i hate the crap the media spouts about btc, eth, and ada even more, and i’m good with hodl because i can afford it.
wtf is “sell”? i only know **buy**
in 5 years this will be a blip on the chart
it did not happen until i converted my doge gains into eth... guess you guys have me to blame
is this the right time to buy more or is it going to go even more down ?
i didn’t hear no bell…... bitch.
buy more when you are 50% down
can’t sell when it’s currently staked on coinbase!
[i’m not fucking leaving ](
i’m broke anyways... yolo
just dac bro. this is just an investment i'm holding over the next 15 years. its not my retirement but 90% fluctuations do not phase me. see ya'll in 4 more years when the price hits 20k+ and the exact same cycle happens again lol.
i feel personally attacked right now, in multiple ways. lol
i just got my capital out... oooooh!
all my eth is being staked on coinbase for 6% apy right now and i am so happy it is locked. can't sell even if i tried.
95%, 50%, 30%, we're destined for greatness folks 💰💰💰💰
who would thisagree, does not dip make the chips better?
bought back in march of 2016 at the top of the market for .50, eth took an entire year to claw its way back but if you believe in where we’re going and don’t absolutely need the money just hodl.
i bought the dip at a ‘resistance’ and got deeper. no way i am selling a bottom
so what happens when you hodl 1,500 dogecoins and you sell half of that when your 50% down in your portfolio and you rebuy at a lower price? i still have same amount of doge coins just at a lower average cost. would i have made more money if i just bought the dip to add to more coins at a cheaper price? or convert my coins to a lower cost?
you mean time to double your positions
nice one !! 😂😂👌
thus is called diamond hands. hoooold
think long to mid term and keep emotions out of it and you’ll be ok
down 50% from ath.* hopefully y’all were buying in 2020 and before!
tired of the diamond hand bullshiz. not hard to lose 50% when your up 5000% in the last year...
lost 70% of my portfolio in the stock market... i then transferred it all to cryptocurrency and now i've made up my losses and am in the green now. although it was a rough start, the day transferred my funds to eutherum it was 3.4k and rose to 4.4k then dropped down to 1.8 so i did what any man would do. i bought that dip on some alt coins and now i'm finally profitable... diamond hands always win.
down 25% at the moment
fight the crash! burn addresses: doge dmsxe9ebrcqyfgqe2ubokjyxx4rlroaab1 btc 1jpdztqwdhbdwecdkpznsxk2szhmgcpeqn eth shib
i cannot see the point that someone sells with a loss of 50% and especially with a loss of 95%. those who survived 95% loss have diamond balls, respect!
bought in at . these kids do not know.
lol this morning i almost caved and sold, then i bought more because everything is so thiscounted. you don’t sell till you hit your target.
oh yes i remember. i’m numb now.
shit, 1k to 300... total... on 2 coins. fun times.
buy the mariana trench
what is selling? this word is unknown to me. did you mean sailing?
"i asked god, why are you taking me through troubled waters?" he replied, because your enemies cannot swim."
nope. sold at ,200 and i can now by 6x the amount of wth with the same bag 😂
it fucking should be.
same here... i actually forgot about my eth after that one for quite some time... i was in denial or something
not the same tbh. crypto is just going down rn, then it was the entire market
my app just has two buy buttons
lol who the fuck downvoted this 😂
i did a full 32 eth stake just so i would be forced to diamond hands. on some days i feel really stupid about it, but i have general long term optimism. but this is not my first rodeo, i just did not expect the current market cycle to pull this shit so soon when it seemed we were only halfway into it.
me too i do not own sell button
no way you coulda predicted that was the top. we were hummin
i bought an entire paycheck at . rip me
same! but now holding and praying
i saw that comment and i remember thinking : impossible it dips below 3 k again
there's a very real chance this is the next best opportunity to sell you're going to have for more than a year. that voice in your head might be even angrier in a month at not selling at . obviously, i do not know that for a fact, but you should at least consider that possibility.
i'm ready to go to the bank to take out a loan if that price is reached
bro i’m dying that you only used one emoji and it was this one 🥴 i’ve never seeen it used better lhahahahahaha i’m sorry tho dude , fucking roust it is very hard to not be stressing about the shit like that , but at least you have time to not get ada 😫 *fknancial abldvice find a dif coin!
dips are the worst time to rearrange your funds. you gotta do it when the market is steady and boring.
as far as selling at a loss yes. however there are different things that affect the price of stock and currency. stocks have different laws of trading in various places. however currency applies to all. with stocks like gme where there is more sold than there exists sellers might be forced to buy back at any cost. with eth you cant just “create invisible currency”. you get what you buy at the price you pay. so if there is a tendency to sell at any cost then the price goes down. it kinda indicates that some might be panic selling rather than waiting to sell at what its worth. now you cant sell eth for ever as you cant sell more than you have. so you cant really have a scenario where etherium goes bancrupt due to people “over selling” like stocks. price might go down now due to people want to sell. when they are finished selling price will naturaly go up again. etherium is a network that many believe in aswell as eth is a currency that might be the future. you cant sell more than people can buy, and you cant buy more than people can sell. thats what is setting the price. what sellers want for their currency.
well you can sell at loss and write it off. imagine if you made 50k off crypto, and your regular job makes 60 to 75k. you just fucked yourself on taxes. sometimes it is just better to hold regardless.
yeah dude. been in this shit since it was at . crypto will go down, then go back up. don't be too attached.
i’m affraid to say i’ve got a lot in btc & eth. i can’t risk it any more sorry guys 😩
i've staked half my ethereum just in case i'm tempted to sell i would not lose it all
i’m in the same boat. fully staked all my eth 6 percent. i wouldn’t sell even if i could. new ath’s will be back in no time.
lol same got an account with a new bank and i'm not allowed to access my account till they contact me back so i can put in my mobile
yeah, i bought at 3000. to my surprise it was 2000 when i woke up. big oof moment.
i like the attitude! f it...let us buy more ...hello altair here we come!
my shot in the dark idea is most of the decline occurred while the americans were asleep. i'm guessing a ton of stop losses were hit last night and we're picking up the pieces this morning.
i'm sure a lot has to do with china's new "crackdown"
only took some so it feels better than none but still regret not taking more. i think that is the responsible thing to do though never fully cashing out
>capitulation yep, that would be about now... ;p
i think we had it with the btc spike down to 30k
exactly, hodl mentality is toxic. you learn from your first 90% dip
lol see you back at 10k
how do you megan excited? knowing it’ll reach unkown heights?
i'm sure that is very comforting to those who bought in the last month.
if btc falls below . the only way to hedge the fall are futures short positions or staking your alt holdings like i do for spiderdao on nest staking program.
i am adding some gaming blockchain projects as well to my portfolio this year apart from polka-dot projects. exeedme, dgc etc
there will be no further dips on btc, ! elon tweeted diamond hands!
not as ok as yer momma *** ^i ^am ^a ^bot. ^downvote ^to ^remove. ^[pm]( ^me ^if ^there is ^anything ^for ^me ^to ^know!
why would you sell at 95% loss? at that point it is logical to hold
if you hit the head of a bear market hodler with a rock,the rock cracks.
dumbass people investing money they need or could not afford to lose. i'm only down like 15% or so total (thanks to eth), but wont sell because i only put in money that i can live without. so no point at all selling at a loss, when it is likely to go back up. even if this is the end of the bull run, would rather hold everything until the next one (yes, even if that takes another 3 years), than sell at a loss.
it is easy when a 95% loss is still up 10x lol
90. let them try me diamond bollocks
ouch lol. talk about a lesson in having diamond hands though.
but why not sell and then buy even more? why not have different targets for different situations and adapt?
smooth seas dont breed skilled sailors
sailing is how you lose -100%, not -99%
ahhh sailing...an old wooden ship...i believe its spanish for...a whales vagina
most people buy then sell, around here we buy and stake.
i heard about that thing from my friend who got rekt
yea sailing right? like with a boat i bought with eth? (i don’t has that kind of money)
that made me smile
might want to double-check your math on that... 2500 x 6 != 4200
do you live in a jurisdiction that taxes cryptocurrency?
there was no "entire market" crash in 2018. you're 10 years off.
i just automated buys for the next 5 years and then deleted the app. i'll check back in a few years and see where it is at.
buy and buy more?
this is a good app idea lol
trump would be like "my button is bigger than yours" xd
people who are tourists in this space.
this is the second floor on this ride. in 2017 same shit happened in july.
👎 never do that to myself
i kinda did. 🤷‍♀️
who says it was :)
wait 2 years it is fine :)
this is the school of hard knocks.
would i be in crypto if i weren’t just a little bit silly?
if you're implying the price will continue to fall for a time (a year or so as you say) before recovery, i'm sure many will jump on that opportunity to buy. a year in all this? not that long of a time in the grand scheme of things. to each their own, but the lower i can get my buy-in price average before it stabilizes with (probably) less chance of huge dips like this. i see red tag sales. i'm buying and hodling, baby!
lol these pessimists crack me up. so much doom and gloom. eth is here to stay. institutions are on board. there will never be another crypto winter ever again. it's mainstream. it is not going to fall any further, it would be laughable. the moment it went under 2k eth was swarmed with buys. check your reality bro.
it's a good idea to have a buy order set up in advance. you get little flash crashes from liquidations and stop losses slurping up all the liquidity and causing even more panic selling. you could have bought at % profit. that's not bad for a day when everything is down ,30%. odds are it drops to 1k at some point in the next year and then quickly bounces back to . if you are one of the lucky ones with a buy order already set, that free 40% is yours.
i should have bought shiba instead! lol
this is true, but cost average is beneficial when price is low. you get more for your buck, then you profit more when the price goes up. kinda like buying eth when one coin was , you make a hell of a lot more then buying one at ,500. as well as lose more. so the more you buy at the dip, the better off you are. but i agree with you 100% with the over selling aspect!
*grabs you and shakes you* hodl god damnit!!!! hodl soldier, do not fucking sell rn. get it together
username doesn’t check out...
i have 5 eth that i got for . i am not selling. it's all or nothing.
same. staked all of mine. thought staking would be a good deterrent to sell anyways.
just gotta buy more. the only way to fix all this red is to throw more money at it. edit: not financial advice
also everyone on margin got liquidated. butts rekt. i do not even have sympathy for people who took out credit lines to buy after such an insane bull run
yep, from the volume looks like the capitulation already happened. could retest the lows though, so get ready for another buying opportunity then
more opportunity to buy.
i am waiting for the dips to buy, not fomo-ing right now since i see a further correction round the corner. we were already overstretched overall all we needed to cool-off before the next leg up.
i'm not selling till my retirement, that is my moon
this is what i find most fascinating about the crashes and dips...i would like to hear the reasoning of somebody who sold at 50% or 80% or even 90% at a loss...why? why not hold? the market has always bounced back to even greater heights. by holding you lose nothing
yeah, is getting that 5% back even worth it? just hold and it could go all the way back up again
lol yeah pretty much. you’ve got a lot less to lose at 95% down. i put a chunk at 49k and seeing it dip to 37 today defs made me a little uncomfortable but you know what they say. “time in the market is better than timing the market”.
yet i know so many people that did... lol
i m down to +10% from +50% but i still think its only logical to hodl lol
cos for that to succeed you need a crystal ball so you can time the dip... 🙄
skilled sailors were bred in rough seas
a true pirate also sails the red sea!
i just woke up my b. 🥴 but at the ’ve bought more than double.
he said that not me, i was referring to other crashes *in general* go take your misplaced anger elsewhere
dude make sure you change your pass every few months or like check your stuff is there. enable notifications for withdrawal attempts, 2fa, allowlisting. that's the only reason i check my account periodically, sometimes your pass ends up on the dark web i'd also recommend after a year spreading some money to a different platform, diversify in case one gets hacked
no more money in account to buy in dip
is it really necessary to bring up trump in an absolutely unrelated topic. trump derangement syndrome. lets just forget about him and move on.
yeah i'm hedging on the intermediate peak theory as well. we've been due for a correction, and then the steam will pick back up. this is absolutely the dumbest time to be selling right now.
just checking. thought maybe you meant you literally do not have a sell button.
that’s the hopium i needed! he under estimated the dip so he must have under estimated the tip!
heyyy i remember this comment! i agreed with it!
i bought at . fml.
it’s okay to hear the voices, just don’t communicate with them lol
i do not know man. i'm suggesting the last month including this drop has looked an awful lot like january 2018. after that it took 2 years for prices to bottom out, followed by the explosive growth we saw over the last year or so. i think there is a good chance this is not a sale, but rather the last chance to get . when the bottom comes, i think we could see eth as low as . but there will be a lot of ups and downs towards bottom. maybe i'm wrong. i'm still ready to reload my bags at the right moment, but not yet. time will tell if history is actually repeating here or if i'm crazy. no one likes the guy preaching doom, i get that. if he is right, you just hate him more for being right because you did not listen. but hey, no matter what i think we can both agree in 3-4 years, eth will for sure be way higher than it is now knocking down new highs along the way. long term, the future is bright. if you choose to hodl, you cannot go wrong, though it is a rough path during the bear market. it can kinda kill your soul a bit.
i'm concerned that institutions will deem cryptocurrencies *persona non grata* & the prices will remain depressed.
yeah i could sell and buy more at another sip or i can hold and buy more. i’ll hold. held the bag since 2017 i can keep holding.
> lol these pessimists crack me up. so much doom and gloom. just realism. the same cycle has happened over and over and yet every time you've got a few people saying "this time is different. the rules have changed. crypto will never go back down." they have been wrong every. single. time. and yet here we are and people are still ignoring the obvious and trotting out these same old tired lines. > eth is here to stay. of course it is. i believe in eth. > institutions are on board it never matters. remember microsoft's ethereum alliance in 2018? the rules of the game do not change when the players change. i should not need to explain that. > it is not going to fall any further, it would be laughable. the moment it went under 2k eth was swarmed with buys. check your reality bro. remindme! 2 months i predict this comment does not age well.
what are you guys trading on?
haha no, sincerely doubt that.
exactly. buy low sell high. this is the way. however some tend to buy high and sell low. thats whats creating the volatility. they basically add fuel to the rocket no matter the direction. for me it boils down to this. when long time investors finally take some profits we will se a down trend cause paperhands are selling aswell due to panic. currency changes hands all the time. thats why investments can pay off well. however you need to do some research and planning before entry. 🚀🚀🚀
let them sell low. they might buy back from you at high once they are finished. 😂
not gone yet, slight bit of a calm. let’s hope that’s it !!
i got 20 at that price 🤦‍♀️. just bought another 10 this morning to average down. now i’m going to take a xanax and hide under a table.
when you guys talk about just buying more, how much money are you actually throwing at this? i've always been curious. are you tossing a few hundred here and there? or buying multiple eth? not trying to find out how much you own, just trying to figure out if people in here are actually investing thousands at a time, or just a little bit from each paycheck.
aka dollar cost averaging.
you got that right...i am down so much i could not bare to look any more. i lost more then i make in a year
word, cannot wait to get out of this rat race
i do not get it either, unless your about to die and wanna take your 5%, six foot below with ya
those people are called irrational idiots and they are the reason why crypto is so highly volatile, among other reasons.
cut losses and buy in again when it is even lower, is usually the idea i suppose.
strategic crash seems to be organized across whales to buy as low as possiible and may have been targetted to one specific big buyer
crazy. well i guess there needs to be people for us to buy off 🤷‍♀️
sure the daily macd crystal ball
roughsies sounds like a word for when a dog gets too excited and goes hyper
i know nothing about this selling you speak of...are you speaking french? because, it sounds like a cowardly word. you know the french surrender to strong breezes an fluffy bunnies 🐰 i know only the word hodl spoken by my grandmother when she beat up the local french tesla dealer. as she beat him with her rolling pin he wept like a little school girl saying things like ‘carbon tax’ and btc uses too much energy. when my grandmother finished with the french car dealer she bid him to shut his mouth an mind his own business, as his stock was down 23%.
no, you said it. >then it was the entire market that's you, saying it, before anyone else said it.
shoulda re-invested at 100 afterwords
very valid points. at this point, even with all possible knowledge, we're left with, basically, a split decision with no foreseeable outcome. banking on hope and a prayer because of a belief in such a new (not that new anymore which is awesome) movement toward something different. definitely agree, 3-4 years will be great for eth's adoption, advancement, expansion and value. cheers and good luck to us all! -and yes seeing all red and the value of my balances drop significantly does no good at first. initial shock sucks but did not plan on selling soon anyway haha
january 18 did not have institutions behind it. it was purely whales and retail investors.
crypto is on its way out
if we ever see eth at . didn’t sell during the round trip you mentioned and not selling now. 40% swings are opportunities. now if the story changes then you have to adjust but with no change in the prospects then buy is what should be on your mind.
you can already use them on visa and mastercard payment networks. the genie never goes back in the bottle.
that is not happening. you underestimate institutions. they do an enormous amount of planning, research, hiring, resources in general before making decisions like these. they are not going to double back after committing resources to it. not to mention they have seen much worse than this in the stock market... several times.
predict whatever you want, i do not even know you. it's just investing, if you cannot take the heat get out of the game
there is a 23 hour delay fetching comments. i will be messaging you in 2 months on [**2021-07-19 23:11:42 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
be strong and not sell, as many others said already before... you have no loss until you press the sell button. you will see very bright times in the future and you will look back and you will say”damn how brave i was not to sell when it crashed”
lol. i was an idiot. watched it go from 500 back in october last year and then bought at 3500. but yes sir you will be a millionaire soon.
for me personally it’s a few hundred... some time only .
everyone situation is different but don’t launch all your ammo at once. keep reserve armaments at the ready
my man was down 1.6mil ' i am down 100k cad... recovered 20 tho
yeah. i sold yesterday, not for any good reason but having a bad feeling. i bought back in at . can’t say i’m some fortune teller, but i feel much better having more eth for way less money. i still believe long term.
>sure the daily macd crystal ball if macd were a crystal ball, markets wouldn't function. if you trade this way, be prepared to get completely ruined.
the french lost more men in ww1 than anyone else due to their bravery. most likely the worlds universal language would be german if not for the french !! and their courage to stand up to evil. dick head
no, that is me engaging in his assumption. wrong again go somewhere & flail your arms around angrily
institutions are whales. functionally no difference in the role they play. that said, it did. there was the enterprise ethereum alliance with a lot of big name corporations involved (tech companies mostly like microsoft and intel) all of whom had skin in the game. there were also banks and other financials.
that's an oversimplification, there are tons of applications for blockchain & other types of technology without using cryptocurrencies. institutions could just see the downside risks of the originals as *too great* & use knockoffs.
- you underestimate how fluid this situation is & how experimental the asset class is. there's absolutely *zero* guarantee's of anything. i warned people of negative sentiment in the mainstream & the fact that btc controlled too much power in the overall ecosystem. that creates a dangerous domino effect, where detractors; if unable to attack the fundamentals engage in character assassination to prevent. ray dalio mentioned something similar as well.
you do not have to "know" me to know good advice when you hear it. it's not about heat, it is about maximizing your return. you sell your eth now, you buy it back at 1k, you have 2.5x as much eth. when the bull market comes back, you'll be sitting 2.5x as pretty. it's really as simple as that. or you can delude yourself and screw yourself out of a lot of money. your call.
i don’t want to jinx it but i think i might of survived just
you haven’t actually studied history have you. there was this thing called ww2 an the french folded faster then an accordion at octoberfest. you are actually thinking of the british who withstood hitler all alone with few resources. recently, the french allowed an islamic invasion of their home soil. not only was no shot fired, the french actually opened their doors to a flood of millions of islamic male invaders. now, there are no go zones’ in france where the french are not allowed to go...in their own country. another thing suffering the most casualties during world war ii was actually awarded to the russians. the germans slaughtered millions of russians while the french women sat in cafés and slept with their german invaders. my friend the french claim to fame is french bread and french fries that is the height of their culture and bravery. oh, an surrendering your anyone who says boo 👻
what are you talking about? he said he bought in 17 and knows the feeling from the 18 crash. he is clearly only referring to the crypto crash that happened, since the crypto market crashed in 2018, but not the entire market. you come in and say, >not the same tbh. crypto is just going down rn, then it was the entire market you're directly telling him that only crypto is going down right now, but then it was the entire market. you're not engaging in his assumption, he made no assumptions. you're completely wrong and that is why your comment is -20.
look, if you want to find reasons to work yourself up and feel like shit, that is your choice. the reality is anybody who has bought and held with crypto in the last few years has made money. period. panic and bail if you want, i do not care. i am confident everything will be just fine in time.
it’s not an oversimplification, it is the largest financial application. the other applications matter far less than whether mastercard accepts the currency or not. the other applications are great, but they’re not going to depress the value as long as you can still buy cigarettes from the convenient store with your tokens on your visa. it’s a thiscussion between the value of the currency, and the value of the technology. the currency side is often not very well connected to the technology side. otherwise there’d be far less room for price speculation.
actually i do not, i've been here before
selling at loss does not produce profit lol
the lost too many brave men in ww1 to fight in ww2. and even at that they saved thousands of jews through the resistance
my comment is negative because this place is a circle-jerk lol read more carefully, what i'm talking about is other large crashes like black thursday.
> look, if you want to find reasons to work yourself up and feel like shit, that is your choice lol. bro. i'm happy. i called the incoming bear market, sold before it. now i can buy more eth when the bear reaches its final low. seeing the crash happen and knowing that i was right feels great. > the reality is anybody who has bought and held with crypto in the last few years has made money. period. sure. that's a valid strategy. eth will be back above above 4k in 2-3 years. and it will crush 10k less than a year later. the only question remains do you want to double your stack before that eventuality or are you happy with what you have.
>it’s a thiscussion between the value of the currency, and the value of the technology. the currency side is often not very well connected to the technology side. otherwise there’d be far less room for price speculation what if institutions shut the currency out of the market then it loses alot of it is practical value.
before the economic conditions changed or the crash last year for example it was the entire market. nothing's changed with the fundamentals & it is lost nearly 40% of it is value in like a week.
so you paid more than ? i'm sorry to hear that, but nevertheless, selling it now and buying twice as much when the price hits .
why are you still replying? you've said your spiel, i'm not buying it (lol) welcome to crypto bud, it does this shit. like i said if it unnerves you then you should exit your position.
i'm not upset about it. i'm far more upset about when i invested 4 years ago and sold a year later. i left a lot of money on the table. i do not think it is gonna fall that far. of course it could but i sincerely doubt it, even if there is a bubble (i do not believe there is)
> their assumption, but that is complete bullshit. it's not & you just sidestepped what i said completely focusing on nonsense instead of my original point. cry more
you do not have to buy anything, i'm just making uncomfortable observations, you do not want this place to end up like .
selling 3 years ago was only a mistake because you did not buy back in 1 year after that. eth went from . even if you sold when it dropped all the way to , which took a while, you still could have had 5x more ethereum because you had sold at the "right" time. i'm in the opposite boat. i did not sell at all. not til a couple weeks ago. i held for 4 years and i made a solid profit, **but** i kick myself when i think about how i could have had 5x more ethereum by not being so stubborn about holding. i personally think you learned the wrong lesson from your mistake.
it's not incorrect, lol
you might be right.
i am going to give your idea a try. might be worth the risk at this point.
so your strategy did not work. i sold at 2300, bought back in around 2400. too much resistance at 2400, but not much loss on my part. i can live with it
>lol. your original point is either wrong, or worded in such *"huh haha uh oh i'm stupid"* *yea...* you're going off the rails now. you googled the wrong thing & are now looking like a complete fucking idiot. this is humiliating to watch i'm done here.
it's sure as shit not accurate
i'm sorry to hear that. i'm perfectly happy here on the sidelines. if the fomo is too much for you, i can understand that. if took two years for the market to deflate after the last bull run. there were lots of up days and recoveries along the way, but the big difference was just an overall reversal in trend. it was not a long continuous crash just like how the run up to . i've seen that the rules never change and that what goes up, must come down and i'll happily sit around for 2 years waiting for it. i know if you had not bought back in you'd see the price at , but for me it is just another day waiting for the rollercoaster to finally get to the right section of the track. i held through dips with patience and now i will do the opposite. best of luck to you. perhaps i'm wrong and the rules really have changed and there will never be another bear market. i guess we can only just wait and see. fwiw, we could still be a long way from the top. i do not pretend to know the future. if could recover and hit 10k before it hits 1k or less, i'm just operating from a place of confidence that someday that will happen and i will wait for it.
you are speculating just as much as i am. go argue with somebody else
worst case scenario i recoup loss. i was not that deep in the hole. i just wanted to make extra. it's not actually fomo, i just want a house within a year or so and i see this as a good way of accelerating that
maybe you should learn reading comprehension first mr. developer. [i saw that deleted comment. lol ](
mine is not speculation. there are facts supporting my perspective. yours is *"hopium"*.
godspeed to us all.
[tip this post any amount of ]( (by [8:56pm utc]( to keep it visible.
who also bought some eth for ? please tell me i'm not alone with this feeling
i want to buy in but i do not want it to keep falling lol
u know what, just take a break, rest, do something else, and comeback to crypto after months or a year. you're welcome, now you're rich
my wife said “stop acting like a bitch and hodl nobody sells low!” her words exact
why is it still dropping?
just putting the phone away and putting on weekly buys fuck this...
how can you wake at 4 am if you're already "up all night"?
funny how everyone is holding longterm but still is looking at the chart every hour.
i’m the one wake up at 4am 😂 i want to buy the dip but idk where’s the dip lmao
i'm like i cannot wait to get out of work (bartender) , to deposit cash to buy this serious dip, but every time i take a peak, it is lower! haha! keep dipping till 7 please!
i told my partner to get in on sunday. lucky she only put 50€ in and she still checks it every hour
i actually feel pretty happy for people just getting into crypto right now. the dips are there, take em even if it dips again, you’re still better off buying now than the current ath
are we not including the poster's twitter username now? she regularly has funny tweets, if memory serves correctly.
on god. ppl think i’m autistic cause of how often i’m on my phone. zero cap lol...
hey - anyone with a read on how to start cryptocurrency? i’m new... and will like to get some ground. tx
showed gf, can confirm
yep that’s me ✅
i’m more annoyed i can’t buy the dip than i am at my portfolio loosing %50 😂 i’m hodling
...and he is gonna be rich biatch!!!
just sent this to my wife. she’s laughing at me.
what crypto wallets do you guys recommend?
you assume i have a lady
i check like 5 times a day see i lost another 5% then but my phone away in thisappointment...
eth often goes up sunday night.
more of y’all need to get in the habit of losing money. more it drops, more i get excited about buying the dip! it’s only a loss once i sell! -been losing money since 00’s
if you know what you are holding, you should not do any of these things listed. relax!
stress is rising too much
i'm sick to my stomach with how much iv lost in the past week and a half
yeah yeah it’s down the drain and you r still bragging about it. see you in 3 years
lol, this is me.
yes guys i sold a large portion of my eth… and will buy back even more of all those fate losers😎
this dip will do this to any seasoned crypto investors
as of this week i will no longer be buying in the am...
yeah who has time for ass on the side when hodling? i was that dude at 4am all last week.
just lost 50% of my whole portfolio and still going down, should i pull out and wait till this market stabilize
thinking of not thinking about all this for a while. probably a good idea to take a break.
that’s so me this past week. 😂😂😂
damn i must be a man now haha!
oh no!!! how did they know about the 4am part?!
the amount of people that are panicking now is hilarious — and good for my wallet. i hope the market continues to tank so i can swoop up under . if you put in money that you rely on then you’re truly an idiot.
lol i sent this to my significant other.
what if the same symptoms are shown by the woman?
0x2d18a4... [tipped]( you 1.0 donut!
i so wish i had the cash to buy more eth during the dip. rip 😭
ha ha ha or woman 👩 that’s me lol 😆
i wish i could directly invest in xanax right now. 😆 be strong be 💎💎💎
keep calm and hodl on!
i’d actually tell my wife i’m cheating in lieu of admitting i’m hodling eth. that’s currently a marriage wrecker! lol
i do not buy but invest because its what a wise man will do that believe in the power of achievement. make investment and earn massive.
it's all abounded investment not buying
damn, i missed the dip today when it was at 1.7k. i was having lunch. i brought last night at 2.3k…...🙁🙁
you must not have a woman in your life, they’ll just say your cheating and this is all a smokescreen to make them think otherwise 😂
idk about twitter as a reliable source of info lol
eth goin to 1k
i have all these symptoms, minus the lady. thank god!
eth will go down to 1500
my wife knows and when she sees me like this she’s like fuq dude but the dip!... i loveyou
ok, but what if i'm a lady holding crypto and i have not told my bf about it yet?
hahaha you got me
either way you should probably leave him.
sell that shit while you can
is there an eth telegram ????
he is paperhands incarnate.
this post was used on the doge reddit a month ago
after holding for a couple of months, i feel like i've reached a calm state of nirvana. the only worries are not that it is down, but that i may fill my bags with more, and when.
or crypto period right now! 🤦‍♂️
😅 thanks cause i was getting worried!
shiba inu to the moon!!!!!
i just need someone to hodl me at night
saddest comment section in all of ethereum
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [etc]("last usage")[coin] ethereum classic [eth]("last usage")[coin] ether ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^([thread for this sub, first seen 24th may 2021, 03:44]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
i dared not to check the exchange,because i have lost 50% ,total loser!
hey guys help me build this spam and fud free fb group i need moderators who love sharing news!
bought at 2500 and i’m not thrilled. can’t imagine everyone else.
i hope eth returns to 4k
say goodbye to your wife and your comfortable bed because you were babysitting ethereum.
let’s pop up spce another most shorted stock. they are real and tested !
not as stressful after holding 4+ years
guilty. ride or die with ethereum!
i would replace ladies by gentlemen, man by woman and he by she. there is plenty of women investing too
he shouldn’t be buying eth if he is nervous about its price movements.
the flippining is upon us! to long it has been that we ride in bitcoins shadow!
or any stinking crypto for that matter
too funny, are you spying in on me? how did you know...
will eth recover ?
i finally have a full eth coin. i'm pretty happy about that. dumped all my btc for it (which was not a lot).
this is true. 😂
that passes in about 3 months... if he’s a true hodler he would just forget about it and carry on in life
haha good one 🤣🤣🤣
this is like the best free event i have ever seen for eths, peoeple dont miss it... so easy just read hope this helps someone. happy new year every1 x
eth holders don’t have a reason to feel nervous this isn’t r
it is over!! the next bull season in 2024 😵‍💫😵‍💫😵‍💫
bitcoin the only certainty to rise again
i do not think we will recover anytime soon.
you are def not alone
i bought 5 eth at 4100, i'm feeling it now mr krabs. but i'm content. money comes and goes.
i have 5 ethers sitting at 4.2k average price, not selling, its money i dont need right now
it's important that you have some eth, the price should not be a big deal. try to think this way. eth could be the future reserve currency in few years. if it becomes you will be filthy rich.
the most i brought at was 3.2k.
yep brought it just before the dip :(
i’d bought a few eth a few years ago at about £300! and sold shortly after breaking even ... then dicided to buy back in at £3k after not listening to my self at £900, onky for a few days later it drop now it’s at about £1.3k i’m not sad or nervous i’m happy ! i’ve bought more at this price now i can hopefully break even a lot sooner once it goes back up because it will go back up whether it’s 2weeks or 2 years !
sorry bro i bought it at 4257 going all in. that’s why it’s down 50%
in .7k... and .5, then .8k with the pittance i had remaining to spend
dropped 5k on it
who is't eke hath bought some eth f'r ? prithee bid me i am not high-lone with this humour *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i bought when is
i did. don’t worry, it’s a long term play anyway.
i cashed out and threw it in etc for the swing back up... no swing... only down.
buy the dip to balance it out 💎
i did but not nearly enough to worry about. i’ve gotten my average price down a bit recently but only own .3 of ether right now. goal was to own 1 but now i might change that to 2 with these current prices.
you’re not feeling alone at all, although i’m new here i also heard news about eth and i had my accountant buy me 2,500 and i’ve been copying trades which have been profiting me much more than the losses!
i started a position at 3600 but on sunday i bought the deep and i reduce the price average to 3060
put me down, average price down too 5k cad...trying to bring that down in for the long hold. definitely enjoyed the feeling watching the take off more then when it comes falling down
i'm at 3800... 🤦‍♀️
i did put like 30usd in eth at 4k. i'm still on profit though.
holler at your mf homie. i know you saw btc go from 20 to 60 in a few weeks. where you gonna miss the eth train? cause neither was i! slowly getting over my inability & lesson to inserting money in chunks not thousands.
you am not fam
i bought at peak ath
todays ath is tomorrows dip
you’re in a great spot. zoom out!!! you’re doing great
yes we fucking do! my dude doesn’t even invest. i’m the one into finances.
did anyone suggest otherwise?
i hate to admit it, but i have paperhands. only when it comes to buying the dip though. i usually panic buy and then it dips more only for me to panic buy more.
yeah, when seeing this meme i thought: "he is holding ethereum through a dip"
my buy price is 1103 so go nuts
hey look at the bright side. if it keeps dropping just sell and rebuy and you got yourself a tax write off.
yup, hold and wait. it was rewarded in 2017 after a 65% dip. a few months of sideways action and an incredible all time high after that.
wise words, shes a keeper lol
sell eth but never sell your wife!
my wife damn near said the same exact thing
your wife is based
we must cross the valley before we can reach the mountain. - vitalik buterin
i say the same thing. so far i’ve worked myself up to not checking in for 2 hours.
dca is the way. don't watch the charts too much, stick to your plan. dca, set laddered sell targets, hold and wait.
there s no bottom hahhah
hodl tight bro. me2. no worries.
everyone is autistic then
i’m on my phone. stocks or not
lmao what do they think about those tiktok cosuming 14 year olds then?
r. don’t get scammed!
haha i was thinking the exact same! that’s a sign we’re in too deep 🤣
i wouldn’t at this point. just hodl unless you need the money within the next year or so
i do not think you recover that significant amount of eth you lost anytime soon
i know, but every time i'm like "i can buy". i play long term so i'll just stop looking at this and wait. patience is hard but that is the key. i wish us luck!
i bought some around (about ) in january 2018. it sat around 1. hold and it will be back.
tell that to my landlord
you’re doing great. hold and forget
5 eth = 5 eth !
hodl till a single eth is 20k+
this guy gets it may jesus bless your soul
hodl! supply is going to be much more restricted going foward through pos and more and more institutions are adopting eth everyday
eth as the reserve currency?? lol bro...
i bought at 1050... but then i realized how shit the robinhood app was when it came to crypto and had to exit that position and bought at a higher price on coinbase some months later :(
my girl doesn’t either...oh yeah i’m single, that explains it
most people just do not
i only have 2200 in my portfolio and i'm really tempted to just turn it into as much eth as i can get loo
must be nice to have so much fiat sitting there idle!
was so close to just buy even more eth and turn it into beth. would have been a avg. price of ~1.3k€ but i already bought the dip once and nearly put 2 full months of investment into this dip 😭
man me too. i can’t time the market perfectly so i just look at the past crypto cycles. price eventually go up. so i can’t help but keep buying and telling myself it’s ok.
you should buy some more so i can get a good thiscount. it’ll make it even cheaper for the next guy when the market crashes right after i buy
exactly. in 2017, there was a 65% dip, then a few months of sideways, and then a new, all-shattering ath.
to be fairrrr we’ll probably be around this price again during the actual bear market somewhere in 2022
she is a hodler
you got that all wrong! sell your wife never sell eth
i would argue that we are close to hitting rock bottom, so let us start going up
2? man, i been getting the shakes when i go cold-turkey after about an hour.
at one point it is not worth it to check charts constantly.
i hope so, based on the convos i’ve overheard it’s not good lol... [that’s ok, they’ll all see when i pull up in my lambo! ](
you do not know about the 7 figure reserve i keep just in case in the event of exactly this. the reserve more than makes up for any liquidation junior.
i wish you luck, cause i need that shit too
same here bro we were only 6 months up. i sold 1.7 at 3k and felt so dumb at the time because it rocketed to 4300. i did buy some back in at 3200 2600 and 2200 though. still long term and believe that eth can hit one trillion marketcap like bitcoin did. good luck to everybody and just keep calm if you were in short term you shouldn’t have bought at all time highs.
buying crypto with rent money...cannot believe that went south!
actually because eth is inflationary, if you stake it then 5 eth now is worth more than 5 eth in the future, but if you don’t stake it then 5eth< 5eth.
not cool at the moment, but i know it will be
single like a pringle.
most people just don’t what?
honestly, i'd just buy it now. you cannot perfectly time the dip, but you can at least get 1 full eth now.
when i read “i have 2200 in my portfolio...” i thought you were talking about units of ether, and i thought to myself, dam this kid has way more than i do!
yeah i’m tempted to sell my amc and gme and just buy eth with all of it. it’s been awhile since eth was this low. it’s such an epic sale.
not anymore at the moment. i'll have more available in 3 days though. i hope there will still be a good thiscount.
yeah. check the dip which happened in middle of july 2017 when china banned crypto. global crypto market cap went down around 50% and then new ath came a month later.
why do you think this time will be the same?
a few years of sideways
well then can i have your wife? coz she seems like a keeper!
i hope you're mentally prepared to see 3 digit prices again
all starts with making it through the night without waking up and looking at my phone.
if i lost a significant amount of eth i would lie about a 7 figure reserve on reddit too. big oof
i’m just being sarcastic
you got me there!
yeah i just buy , instead buy , i’ve bought the whole way down:/
question if you dca every hour, doesn’t that cut into your value due to fees?
same. i don’t think that squeeze is ever going to happen tbh. 🤷🏼‍♀️
because the world needs this tech, these massive dips are institutional resistance. but ultimately the tech wins. eth will prevail.
i know nothing for sure, of course. and the sample size is only one there. but in times of dips, i feel like perspective can be important.
it would be a huge bummer to see eth unwind from . in the last cycle it took many months as people lost interest for it to slowly go back down to the low hundreds.
i would love that
think and do you. i will think and do me. how that sound?
i'm sure your landlord will be relieved to hear that.
oh that seems like a good idea as well! you’ll tend to earn more and loss less that way...
and ethan on its way back up wish market would open so i had money to spend rn
1 eth is still 1 eth. last 5 days essentially did not change anything.
shes our wife now
u r a lucky fella
sounds like a huge compound liquidation 😅😅
you will be green again, in time.
>yeah i just buy , instead buy , i’ve bought the whole way down:/ are you me? lmao
thanks appreciate that insight
there will be future dips and you’ll be ready. my portfolio is about the same size
no fuckin way! didn’t know about this, thanks for the tip 😄
bought at 2k, sold half just past the peak on the way down. bought the dip again around 2k. now i'm just setting buy orders at the resistance points, so if it falls back to january levels or lower, i buy more and hold. if it rockets to the moon out of nowhere, i have more than i did before the crash... i will only loose if it crashes and never recovers again in the next 4 years, then i will moarn the loss of the stimulus check. i'm just mad i set my last buy order . can't guess them all. then again, could always bounce lower next week, never know.
started with 1500 last month 2600 this month pretty good investment of you ask me
ether will recover back to -in 12 weeks edit: changed “in” to “with-in”
and you’re predicting this how?
the good ol crystal ball.
**note:** we're keeping this post up because political topics are allowed so long as they relate to crypto. 1. **these posts are not breaking any rules, they are talking about corrupt money** which is [exactly why crypto exists]( if you are here simply to get rich and to have some sort of curated safe space then you're going to be thisappointed. 2. **we are not a political subreddit** so please take petty democratic. *we are not going to censor corrupt-money type posts about the usa or china just because you support a political party*. period. 3. **this subreddit is a *pro-crypto* and *pro-speech* subreddit**. as a general rule we do not censor opinions in this subreddit, unlike . unless you're fighting, threatening or scamming, mods of .
so question, can we all just do the exact same buy in right now? or is it too late now? (i know nothing about stocks lul)
i wonder how long us citizens are going to allow this blatant spit in your face corruption to go on?
you say insider trading but it looks like she just has a subscription to motley fool
insider trading may be as old as the republic but you know what is older? greed, corruption, and decline.
this sub is going to shit. this is not relevant to eth and these political posts are showing up every day
why the fuck is this in ethtrader and other irrelevant subs? who the fuck cares this is irrelevant.
am i missing something? these are incredibly popular companies that will be in most peoples pension funds or isas
this has nothing to do with this sub
someone explain to me how it is possible that she is not in handcuffs right now. at this moment. and please do not say "everyone in dc does it" because that is objectively, verifiably not true. she is quite unique in her multiple, obvious felonies here. nobody else, from any party, has the stock returns that she does. don't equate apples and oranges.
i don’t know shit about options. does this mean stocks will go down a lot next year?
nancy likes to be limelight. greatest insider alive i have ever witnessed.
she is insane. now i cannot take her anymore. laws are equal for every one.
i thislike how she is being painted. it makes her the sineater, when in actuality she is just like every other corrupt piece of shit in washington.
"ok we are done with unleashing all the omicron panic selling news? load up on those cheap tech call option asap!"
she would be a drunk cat lady pushing a grocery cart on the streets of sf.
y’all—just buy shares in an s&p500 etf. members of congress want to profit off of american business success. you can too, and you don’t have to think too hard about it or be well connected or know any secret information. we’re all in this together. this isn’t financial advice. do your own research.
how are these options such a revelation? this looks like trading 101. none of these stocks are micro cap that nobody has heard of before. think we might be reaching here. just saying. edit: and aside from her big ole jugs i really don’t care for her.
but if one is already invested in individual appreciated there is a significant tax penalty to switch into index funds.
i just want someone to ask her on like a live interview why her and her husband commit insider trading every chance they get? and then provide all the evidence and just ask for an explanation?
her husband bought a ton of mmat. so far since it down 50%. maybe they just try to buy stuff they think has a bright future and are occasionally wrong like anyone else.
come on guys, this is . all them mfs are trading but some sit on committees that pass legislation and regulation over industries! i hate the politicization of comments here. use facebook for those.
this is so lame. republicans do worse why won’t you show them. nancy already explained her side.
a woman using a phone! she is definitely doing illegal things. i can tell by the pixels, i do not need the audio! just like when joe biden was comforting a child during a fucking funeral in his own family, i can tell he was "sniffing him" by looking at the pixels! democrats bad! republicans good and would never do this! hurr hurr let's post nancy again again again.
where do you get this info
what's funny about this is that every single person on this thread would do the exact same (and probably worse) if they were in her shoes, but act so offended because they are not the ones making money.
how is this sub filled with these uninformed conspiracy political posts? it's so much low brow shit i'm over it
quiverquant. search her and her husband. 100% win rate…
she made some trades... oh boy ...
and liberals gotta love the irony. trade for me but not for thee.
at this point she wants us to know so we can all make some money 💰take it as a stimulus bois
she is such a fucking scumbag.
she got the power
everyone knows only poor people and idiots follow the ethical rules in trading. if any one of you had insider information i guarantee we’re all taking advantage of it. these fucks just got the upper hand because they control the law
i would assume she is being advised by a team with regards to these trades. i want that team...too bad i do not make the laws that work in my favor.
calls on roblox and disney signal pelosi is advising for full lockdown for newly engineered zetacron delta variant recently thiscovered in the south pole.
is it even her that is doing it? not her team? at her level i would imagine she has a family office that runs her shit?
she is dressed as santa
she is a strong independent woman. how dare you!
they should require politicians and their extended family to report all trades 30d before the trade. 🤔
just a reminder the nancy pelosi trade alert account was banned by twitter.
these super low calls seem awfully suspect, are we to believe that micron tech is gonna lose almost 50% of its value between now an september?
how tf is she not in jail already ?????
explain as if i was 5 years old
i hate this bitch bro lol literally laughing in our face on the way to the bank. wow.
eli5 - how did this info come to light? or why is it making big news this time around?
can't we all just copy-trade politicians?
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [eth]("last usage")[coin] ether [roi]("last usage")return on investment, percentage gain relative to initial cost [sec]("last usage")(us) securities and exchange commission ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 3 acronyms.) ^([thread for this sub, first seen 31st dec 2021, 21:31]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
and she is working for the american people? yeah, right, give me a fucking break. the reality is she is getting richer off of the american people. nancy pelosi is worth over .
just to be clear she’s buying in the money calls of popular stocks. if you need nancy pelosi to tell you that google is a good buy you’re a bit too dumb for actual insider trading. that’s not a commentary about if politicians should be allowed to trade, but more the drama around this specific trade, which is wildly overblown
boys and girls, if you make those exact same trades you can feel confident that you will make your money back and more. this serpent of a woman has been doing it for years and has a better roi than buffet and soros.
don’t you like that the top two were leaders of the house and senate. the president has to put his investments in a hold, but the senate and congress make out like bandits. we the people can make it so that cannot do this anymore. if two thirds of the states enact a law we can fix this issue.
nobody would ever vote against their own financial interests
this year ill outperform her
why does reddit only single her out and not everyone else? oh wait it’s not about stock trading.
r o b l o x
so corrupt she do not even realize it
she is the shadow president
disgusting but y'all know you'd do it if you could 😂
let me see her tax records
hey can you make a twitter version of this mainstream really needs to understand this
they all do this shit...that is why they never enforce the rule not to do it...when they get caught their friends in office just give them slap on the wrist...all criminals...not just her...fuck them all
i like the title before her name too. very honorable.
it’s insider trading, you would go to jail if you did it! these people are hypocrites they act like they care about you then do shit like this! (honestly i didn’t read the post but i’m sure i’m right!)😂🤣😂🤣
just a side note. when reddit ipo goes through successfully, posts like these will potentially be censored, right? or will posts critical of superiors still be ok?
lock her insider trading ass up and every other member of congress fuck them all
she gets away with this bs while you and i would get prison time. there needs to be hearings , investigations and complete transparency for all members of congress finances and their family members.
that’s fuckin hilarious that she invests in roblox
you have to wonder what kind of people vote for her to keep her in congress.
it's pretty much our stocks. she is paid from public tax dollars. congrats to us all hahaha
the fact that she is buying calls is a good thing i guess
as someone in san francisco… me and all of my friends and coworkers here are freuggin’ perplexed at how this greedy hag keeps getting elected. no one here can stand her. the anti- pelosi graffiti is awesome throughout sf, tho.
when is the pelosi etf dropping?
can someone please eli5 why these options are seen as insider trading?
i’m no fan of nancy pelosi but she invests in basic ass stock and is pretty clean as far as the stock market goes. if crypto is to be taken seriously you need to come correct. there’s a long list of incredibly corrupt members of congress and none of them are nancy pelosi. it’s fun to have gotcha moments for her so it’s easy to make a mountain out of a very small anthill. focus on the really corrupt ones first.
man. this sub has a hate boner for democrats
thats rich coming from eth
now, i really want to know what she said to aoc, too make her change her stance...
i heard she sucked off 15 guys in a row one night
nancy, this is why we need term limits. we cannot keep the fogies in charge of the country. they should languish in hospice with the rest of the population...
god republicans are the worst (sarcasm)
she takes full advantage of insider information to line her pockets!
"greatest insider trader" has fuckery where she does not have to worry about a goddamn penny in her "no lose" admittedly rigged system, she needs to rot in hell and nothing more.
this is going to be a massive blow to democratic turnout. personally, i decided to become an independent as soon as i watched the party systematically fuck bernie out of a fair fight, but between all the centrist stagnation brought on by manchin, sinema and biden himself (see the filibuster and oh yeah what happened with the supreme court?) and this current repulsive play by pelosi i wouldn’t be surprised to see the party fracture hard in the future.
can we lock her up yet or they still “investigating”?
we need a dow aimed to enforce the laws against those at the top who profit off insider trading. ' glad i do not pay us taxes! i'd be pissed being an american citizen with all her shit...
holy shit!!! she is investing in consistently profitable businesses!!! she must know something!!!
who gone stop her???? who gone stop her???
where is the source for this?
i hate this country. can't wait to get out of it. the rule of law for the rich vs the poor is so messed up.
they just replaced taking gold from the vault with this.
queen of mean. the headmistress of the damned. cuntiest of criminals. proof that the good die young. be gone before someone drops a house on you.
cunt of the century. elizabeth warren a close second.
did she buy eth?
she might be the biggest insider trader but there is no doubt she is among the biggest enemies we have here in the u.s. justice will happen soon
how can she sit there slurring all.over the place, inside trades, be a nasty skanky, and still hold that position? i lost faith in my country years ago.
i do not get this at all. if a normal person was caught doing this, they go to prison. she has been doing this out in the open for a good while now. its been all over social media and... nothing. i mean, i know we live in a broken system with a corrupt government, but is it really this bad? they can really just do whatever they want right out in the open with zero fear? shit.
there’s a typo on that document. they put “hon.” in front of her name.
fml reddit app is not letting me see any pics or videos... hopefully this shows on the laptop.
makes soooooo much sense why the republican coup is being swept under the rug. she knows the whataboutism defense will hurt her.
is this chick a fellow retard?
someone’s gotta take up bogdanoffs empty throne i guess
this c**t again, when will she retire
can you post the second picture in brail so it is readable
was a guy yrs ago... sold a book... he had people go they the federal budget... what was done back then... “pg 987. paragraph 7... if you submit a request on form 872 before feb7th... you are entitled to ,000 grant to look at the stars”... no shit... not a real example... but close...congress would tell their “donors” if “special”... “programs”... they would throw into budget for them... this guy got in so much trouble because he would go thru shit page by page exposing this kinda crap for us common golf to cash in on
do you think nancy is a big believer in roblox
i don’t understand what this has to do with eth?
sadly people adore the lifelong professional ruling elite class as much as they adore big pharma.
nancy pelosi lives rent free in y'all's heads
what's she need money for anyways? looks like she could keel over and die any minute.
what's the roblox news?
yall bitch about nancy pelosi and stocks, yet she is not even the top earner of stock returns in congress, nor is she the only one. they all do it and others make more.
thought this sub was about ethereum? weird have you seen this off topic post on your front page for the last 13 hours? friendly reminder.
i'll admit i'm surprise to see roblox there.
does "hon" stand for honorable???? in all seriousness, someone who knows about stocks, what is this suggesting? all of them go up or down by the expiration date?
you can just bet totally opposite of her and maybe make more
the dems are just as bad as the gop. there are no good guys in politics. pelosi, cruz, aoc, trump, etc. they’re all part of the machine
there are much bigger insider traders than her lol
she has 100 million from a 100k salary.
how is this not a crime? how can they still do this?
i really do hate pretty much all of the politicians in u.s. cause of things like this, regardless of party affiliation.
i bought 2 shares of tesla 1 300 1 500 the split happened got 10 shares. nice profit this year, percentage crypto rest savings. with big boys selling, split, prob not happening. peace and love.
she should not even be i've the crooked wench. but evil people seem to live longer than decent people. must be all that hundred dollar ice cream
ethtrader is about unrelated nonsense i guess.
this fuckin’ lady is trading options?! all this time i assumed they were holding shares. ffs i really can’t stand the obvious shit we let these people get away with.
good news is i bought the same calls. easy peasy. pelosi should keep trading i love riding her wake .
wtf this is thisgusting
nancy pelosi's husband purchased millions in stocks in congress insider trading scam .
they all laughing at us, each one laughing at specifically us. and we like, this is fine ...
im sorry but these are not even remotely suspicious trades. they're as plain as the bagel an 90 year old diabetic eats in the morning.
the trade pattern is stock replacement idea, using strategic leverage. it’s smart. not saying there’s nothing suspect going on in between her and her husband in terms of insider, but rather than bitching people should learn from it and maybe incorporate similar strategies here applicable.
i’d like to see any member of congress that went to jail for stock trading, among other illegal activities.
the better point would be if you could show me any congress member who wouldn’t be in jail for insider trading.
these stocks may be good ones to buy, after all she does have insider trading knowledge .
my 2022 trading goal is to outperform nancy pelosi .
better than paid speeches to bankers. hillary and yellen must be jealous.
i still think we should talk about nancy pelosi and how she’s getting away with insider trading .
yeah, let us do some insider trading like nancy . cheers !
u[tipped]( you 30.0 donut!
you must be 10y old or iq of 50 if you think buying call options so far in the future on those particular stocks is inside trading. i dont even know what this old woman does but you people are d..., go buy some dog coins.
politicians are the biggest criminal class there is
what a bunch of morons in here. everything's a conspiracy. you just all regurgitate the same shit over and over and most of it is not true. clown show
so hold up, if she has insider information then what the hell is roblox going to do?! does she even know what roblox is? i didnt even know roblox was public
you cannot single her out on this. there are others you know of course you do.
im so old i remember when it was cool to hate pelosi because everyone thought she was a left coast communists. turned out we hated her because she was a capitalist.
let the rich get richer but tax crypto to death to rebuild america lol
she buys stocks while prices are low, and lots of times ipos. by the time rest of us find out about things, prices much higher. typically.
other than the fact she wouldn’t have access to that insider info if she weren’t in congress!
most of the congress and senate do insider trading. they have made it legal for themselves to do so, believe it or not. they can do it. normal citizens can not.
nancy pelosi loves insider trading through her husband as much as greg abbot loves spinning his looney toon legislation wheel.
i'm more interested in pelosi making stock calls on a company under investigation for child labor violations. that's just me tho.
love nancy pelosi buying stock in roblox…i wonder what insider trading tip she got on that and how?
if nancy pelosi was an everyday american citizen, she would be in jail for insider trading.
perhaps there needs to be a one time exemption from capital gains when someone first elected to congress or senate.
fuck these politicians man, they are stealing in every way possible.
what the fuck is this?
itt: crypto moonbois do not understand how stock market laws work
who is this woman?
the inly fair market is a public one. if we could see the whales moves as they happen. but we would still get taken they would fake us out so hard.
bets she’s shitposting for free donuts and moons too
she’s the biggest rat in the nest right now. f nancy.
“what? who’s making a global deal? johnny i can’t hear you. anyways i’m going to make a if afresh thanks for the info just put all on the stock”
when we get the pamp it, dump it vid with her.
it's not her trades, it is the inside info she has fed her husband that has made them multi millionaires many times over.
i see no reason why any american could not invest in their own personal portfolio, but the insider trading thing really bothers me.
better luck with developing sonar tech to get real-time updates from the pelosi’s than buying into trades a month later
these people are the problem, all of them, left and right
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anyone made any code that tracks this ?
there are enough people here on reddit, who can outperform nancy by far 😉
i did this at the beginning of the year. she bought telsa and i knew she had insider knowledge.
yikes! this is all bad….
what the heck did nancy buy? seriously.
the vile bitch. 81 and still can’t walk away
i wish we had a list for canadian politicians
calls for micron at ... is it safe to say she knows something we do not?
how could they prove she is making trades based off insider info?
so all of these are puts meaning she believes all of these stocks? am i close lol ?!?!
you can trust nancy. she’s always out pointing a finger at someone else, so that nobody is looking at her. good friends with hillary, i’m sure.
the conspiracy theorist in me thinks she knows the system is totally fucked, we're totally fucked and she is just trying to secure a fuckload of money for her family and childrens' futures. until she retires or dies, she is just gonna have to lie to us that we actually have a chance in this country. anyways whatever, i have no evidence to back up my claim
the greatest traitor inside does it again! there, fixed it for you.
being a hypocrite is a matter of pride for leftists. they are proud they get to do what they prevent everyone else from doing.
this cunt belongs to gitmo. end of story.
1) this is not relevant to the sub & should be removed 2) why is she shorting google so bad? a put trade at . thats predicting a major stock market crash by september next year. edit: please tell me if im missing something. im pretty new to trading.
she has to legally report her trades within 30 days (might be 60 days, can’t remember). yes, you can copy her trades but you might not know about her trades until a month after she made them
always too late in stocks.
look at when she bought, dec 20. everything she bought spiked after that. too late.
yes, lots of people copy the trades of members of congress. congress members do about 10% better than the general public, but some of that is not even due to insider info (which they do not have nearly as much of as reddit pretends). part of it is just that the general public is terrible at things like stock trading but people who manage to get in congress are a lot more competent and typically have far better financial advisors.
no... you should wait till september... :)
those are all probably still good buys. i don’t really get the point of this post. it’s not like any of those stocks concerned industries that involved legislation congress is currently working on. this isn’t insider trading.
these are all leaps by the look of it, so deep in the money calls with far out expiration are entirely possible to still profit off of. they are similar to purchasing shares in terms of risk but offer greater leverage.
yes because she rarely sells, so although you’re entry point might not be as sweet, all you have to do is hodl like nancy shit we should get that on t shirts
it is not too late. the options expire in 2023. plenty of time to buy it on the next dip.
many things cannot be copied.
indefinitely. the wool is too thick and it has been happening for so long that people are exhausted and know no other way of existing.
what can we do? the people that can make these things illegal are the ones doing it.
its going to continue because we fight about petty race and other issues they throw on us from the media. this.place is beyond screwed.
as long as everyone is getting their share, it will continue.
land of the corrupt.
what i do not understand is why they do not have their assets managed blind to them. a competent wealth advisor gets appointed for them to manage their wealth along the general outlines they choose (allocation between stock indices, property, crypto etc) but they do not get to know the name of the manager of firm until after they leave office. they just get an admission statement and balance monthly. pretty sure there is no specific need for them to do this themselves while in office, and that would prevent most insider trading.
the problem is americans will still re-elect them, there’s not many other options, so they will always play this game
lmao, the lefties gonna ignore the shit out of this, and the righties ignore it when it is their side. dipshits are in an ever ending prisoner's dilemma in which we keep losing, but hey, as long as they can dunk on the other side, that is all that matters
probably another 300 years...? at least people are calling it out now? but giving the title to pelosi is kinda silly when it is a shit ton of them
you have to remember people believed 6 guys with box cutters did 9’t even know how to fly a plane !!!! the usa is the biggest hoax since the beginning of civilization!!!
visit ’ll see that we’re fighting back in our own way. and the rest of the world is helping us too. you might need to look past all the memes and jokes first tho lol.
waiting for someone to actually say what the fuck is wrong lmao
at this point it needs to be burnt to the ground and rebuilt. i see no other options.
a lot of people know next to nothing about trading or it gets too complicated for them past a certain point that they just don’t try to understand it and forget about it. even if you break down insider trading easily for them, they won’t care to look into it on their own to confirm what you tell them (again, it’s too complicated for them). people know it happens but don’t do anything about it because they don’t know how.
bruh, how long you even knew about america. people said same shit as you thirty years ago, and they do today. no one will be able to do shit us is rotten to the core and until the moment those dinosaurs will go extinct, nothing will change
ha ha ha you are a beaut of a comic.
we're told to only care if there is an (r) next to their name.
good thing you’re in the purest, most fair market of them all….crypto. totally not manipulated in any way. just a pure level playing field for everyone. oh wait…...
as long as people watch cnn msnbc which are party mouthpieces
i wonder how long until you realize that this actually is not insider trading.
right? i follow her on the congress stock watch and she just makes basic ass trades from top traded companies. and i’m guessing she has a stock broker. i’m no fan of hers but there’s actual insider traders in congress that maybe we should actually be focusing on. like the senators from georgia who straight up got caught insider trading by dumping stock before covid, barely lost, and now is running again.
she was booking her next hair appointment while she tells us we can’t go to the saloon.
found the guy who votes for nancy
yeah this breaks rule iv. post should be deleted.
she did buy options, not the stock itself.
she is a politician nothing is illegal for them.
mitch mcconnell actually [beats her roi]( while pelosi rightly deserves the scrutiny, i wish more folks could equally criticize mitch & it makes me suspicious that he is never mentioned in these thiscussions.
> and please do not say "everyone in dc does it" because that is objectively, verifiably not true. she is quite unique in her multiple, obvious felonies here. nobody else, from any party, has the stock returns that she does. susan collins has traded a lot more than pelosi. rick scott has traded 6x as much. what is your source for this claim? also, what felony has she committed? trading stocks is 100% legal for members of congress, even using their insider knowledge (not agreeing that is right, just that is the law).
[ \>nobody else, from any party, has the stock returns that she does. citation needed. are you just talking out of your ass? that's an amazingly bold claim.
it's 100% illegal for you and me to do insider trading. by law it is 100% legal for her to do so. she makes about 200k a year and is worth approximately 150 million. go figure...
members of congress are immune from insider trading laws . . .
the same reason why other politicians and presidents haven’t been in handcuffs.
because that’s literally the point of being an elected official. you don’t become a congress person to advocate your community and make the your country a better place, you do it for money and criminal immunity.
its not illegal because they make the laws, lul
the bitch is connected af. at the first whiff of law enforcement, her chief of staff is calling the vice president to snuff that shit out.
everyone is too busy with the latest football game and what paris hilton said...the world would be drastically different if the entire population held the elite accountable, they want the masses to be thistracted, the more days i'm alive the more corruption i find between the government, stock market, major corporations, and elite wealth holders
when republicans take the house, least they can do is to open an inquiry into aunt nancy’s trading. but, will they do it? problem is that all of them do it.
and this my friend is why liberals, cry-babies, whiners and morons - missed the importance of trump! many republicans wanted him gone too - because he was upsetting their apple carts! he was challenging the establishment, and idiot whiners were more concerned about him personally, than what he was doing …morons!!!🤦‍♂️🤷‍♂️
she’s a democrat. that’s why… ooo judging by the amount of thislikes i hit a nerve... woohooo butthurt democrats incoming…... ps. i was a democrat , after biden im a proud republican.
i'm wondering what "inside information" you think she has used here to buy these call options.
umm easiest explanation is that the overseers are complicit so they can’t call out anyone else? a lot of times there is a cost for going against the grain. someone could blow the whistle around her in the know but they would have to sacrifice their future seat, position etc. not to mention all the other people ganging up on you for not being a team player.
green, boebart, cruz, paul, mcconnell and including tfg trade stocks! y you not calling for them to be in handcuffs?
the fact that it is now big in the news, she is publicly admitted to it, and she *continues* to do it is what's really insane... the internet blows up & wants action, but the rest of the public is just like "whatever", which enables this kind of behavior & sets the stage for more & more of it... our only real hedge aganst this kind of bullshit is the fact that we got into crypti earlier, so if'll have more money than these criminals.
you would have to lock up 99% of both houses ! they all do it except for very few (aoc,bernie…)
i think the thing is nothing here shows that is she is trading on privileged information. like the fed might show up if she was investing millions in a oil company before granting them drilling rights. but realistically these are large cap stocks and she is making pretty reasonable investment. like "covid am not ending anytime soon i'll invest in a social video game roblox" . there might be something said that maybe politicians should have to put their investments into some kind of public fund but i think people would be mad about that too. mitch mcconnell also has crazy gains. this smells of a right wing smear campaign to me. trying to make major democrats look bad.
she’s not in handcuffs because her husband is a venture capitalist and all of his trades (not nancy’s) are 100% legal. the reason these trades are made public is so people can investigate to see if there is any insider trading. the trades listed here aren’t related to any congressional hearings and honestly seem to match some pretty standard investment recommendations from places like motley fool.
what are the obvious felonies? what are her returns?
if you're the person who makes the law, you can twist it to work for you.
>how it is possible because you are not going to go to the capitol and hold her responsible, that is why. neither will i. nor will my neighbors or yours. simple. as. that.
which felony, specifically, did she commit? while it’s unethical that congress allows itself to purchase individual stocks, there is no law against it so long as they report those trades.
first fatass donny twos scoops bone spurs putin the traitorous russianpuppet and insurrection leading seditionist and money laundering tax evading serial sexual assaulter and then we can look at nancys financials ,,, ok??? priorities ffs!!
i have no idea what obvious felonies she’s committing here
because democrats are the good guys! fool.
she even got roblox.
they all are same nobody is trustworthy indeed she has had accord with devil
you cannot trust politicians they are all same busy filling their bags with money doing all the illegal things.
this is most likely hit pieces done by bots. i’m not excusing the validity, but remember months to a year ago when several republicans were caught for actual and evidence-based insider trading (with pelosi, it’s speculation, but for the republicans there’s been actual documentation and recorded calls). sure, there was flack from several outlets and posts on reddit, but not to the same degree as pelosi. it just goes to show that people are desensitized to republicans but any minuscule perception of democrat corruption, the hammer drops harder on them. just look at the consistency of pelosi posts. it’s not a coincidence.
she’s the leader of the house currently and is the de facto leader of all the democrats in the house. she has ridiculous influence compared to almost every other congress member. and her official stance is this shit is ok. that means more than any one congress member participating. her officially endorsing it is a problem
what selloff? the market hasn’t had a correction in over a year. the market has been parabolic all year.
are you mentally challenged? goog is up on the 1m, 6m and ytd charts. it's almost up 100% this year. please tell me what the fuck crack you're smoking to make you say this dumb shit.
i don’t get why you think these buys have anything to do with insider trading. it would be totally reasonable to buy these stocks with public information. it’s not like congress is working on legislation concerning these industries. also her husband is an investment banker. you’re just posting the stocks he bought, since she has to report them.
i do not get it either. most of these stocks are up a few dollars today, but have had ups and downs since each buy. looks about the same as most people's portfolio for these common buys, imo. (other than the the fact that she bought more than the average person lol)
and moscow mitch too
guy from 60 minutes did this during some press conference and he pressed, she just straight up denied (it was years back when she bought visa stock). when he said he does not understand how is this not true what he is saying, when there is evidence, she just said she would never do such thing basically. so basically if you asked her, she would just deny, even if evidence was there presented.
what inside information was necessary to buy these tech calls? while i agree that senators and representatives should not be buying individual stocks in general, i'm not really seeing how this one is considered insider trading.
her husband out performs every other broker, and by a lot.
ask yourself if you would believe this if it were trump instead of mr. pelosi
they have always played with the law, nothing new here.
yeah, they are the lawmay they definitely know ways around it.
pelosi is trading stocks with her own money. trump forced the government to spend *our* tax money at his properties - way more than pelosi is trading in stocks using her own $. so while pelosi may be doing legal things that are morally questionable, yes, trump is a lot worse.
i think you forgot to swipe to the second image
the reddit propaganda machine is everywhere now. they seem to have found a home in this sub. it's weird that pelosi doing legal trades is such a huge deal here, but the republicans who were actually breaking the law over the past few years did not see a single complaint here.
because its populated by children who get their news from memes.
i'm so astonished to see such people in subs where you'd expect educated people to be.
mitch has better returns, but your brain rot doesn’t want you to understand that cuz you’re a shill.
in what way is this any different from what conservatives do? you know that like 4 republicans over the past couple of years got busted for doing *actually illegal* stuff, as opposed to what pelosi is doing which is 100% legal, right? and democrats actually have a bill to stop members of congress from trading individual stocks. republicans would not support it.
and that too after a month after she bought her bag
fuck off with your bullshit money grab
what a fucking scam of a sub.
more like her husband got the power and she got the connections.
they can’t, it’s just pelosi hate. i have most of these companies in my portfolio, so do most traders.
lol no, pelosi is not even under investigation. two republican senators from georgia were in 2020 though (both lost their seats).
fuck that, they should make it real time reporting (by eod)
you mean a month after?
pro tip: get a copy of the federal budget and scan the line items. then you'll know what the feds are about to pour spending into.
this is why we need the stock market replaced with on chain shit in real time
got a link so we can see it?
it’s thisgusting what they get away with. absolutely thisgusting.
hoping i can hijack this a bit to add some more context, as someone who formerly worked on the street. these are all options with expiration dates far out into the future, and that have already hit their strike price. that would indicate one of two things. 1) she is optimistic about the next year or two of stock performance. 2) she is trading them for the near-term. micro just saw a relatively big run (she bought some as it was on the way up) so my guess is she is trading on momentum and plans to sell relatively soon.
it shows the date and notification date on there and it looks like they’re the same day
i it’a 30 days if she directly does the trade, or 45 days if a broker or spouse is making the trade.
pelosi makes under 200k per year, net worth near 200 million.
i do not understand much, but if everybody starts buying, price would go up, which would then make the whales to sell, dropping the price. so yeah, i do not see how we little people copying these investments would make it any better to us.
its never late, it all needs the right time and proper planning
ah i did not see the dates on there. i was not planning to actually do it anyways, was just curious.
what spike? lol. google,for instance, is only up 1.6% since dec 20 and it seems to be on a downtrend. not to mention that these call options expire 9 months later. not saying pelosi does not do insider trading, but betting that tech stocks go up in the long term is hardly new or innovative.
the this and goog plays were puts though edit: they all might be i don’t have the energy to look. i believe she’s hedging her long positions with these options
yeah, exactly they build huge positions and then dump it on the retail.
you are kidding right? after a closed door meeting before original covid even started spreading in the us...congress members coincidentally had a metric shit ton of their assets liquidated, timed the drop and loaded tf up on zoom amd spy calls. some of these assholes nearly doubled their wealth while the general public got wiped tf out. yeah you are right, doesnt sound like much. nothing to see here.
> congress members do about 10% better than the general public 10% more gains, 10% on top of average gains, or huh? say i make 10% across the board in gains on all my investments, are they making 20% or are they making 11%, or are what are they making relative to me?
im sorry, am i meant to believe that nancy fucking pelosi is versed in trading options?
most people on reddit do not know how government works, how banking and the economy works, how medicine and epidemiology works...but they have got a shitload of opinions about all of it. i'd like for one person to show me where any of these politicians including pelosi met with anyone from any of the companies they invested in or even anything ancillary. show me the bills they voted on that they knew would affect the stock price of any of those companies. show me the meeting they had with "company insiders" wherein they dumped all their cash into this "inside trade". reddit has a tremendous number of really smart people all interacting with each other...but man, there is just a sea of stupid motherfuckers here too.
>people who manage to get in congress are a lot more competent oh... if only that were true. i'll remind you, congress is made up of people who cannot seem to grasp how advertisements might support a profitable business model.
lol no way. they are doing insider trading. they are corrupt.
but since they have insider knowledge, if you get to know early then you might get lucky.
eo you're saying that she did all with his brain? okay, i mean what do i know.
wake me up when it ends
did you miss the committee hearing on roblox and salesforce? this thread is a joke.
fortunately, with increasing technology it is becom easier to track them down.
exactly, everyone is sick of the shit at this point.
right? how is the blame on us as citizens?
mass protest outside congress with huge signs that say 'congressional insider trading is criminal'
i'm not getting a share. are you?
"land of the thieves, home of the slaves..." eloquently put by none other than brother ali himself. uncle sam gooddamn should be heard by everyone at least once.
>that would prevent most insider trading. yeah, that is why it is not done that way lol
but they can claim that they do not own the assets, but some family members do.
i think the problem is the supreme lack of education in the us.
that's the problem in the whole world actually, not just us.
i agree it is literally all of the fuckers
imagine still believing in the 9
i bet you’re one of those unvaccinated idiots
trading was not mainstream 30 years ago
ye they should watch fox news instead which is not a party mouthpiece
i think her husband is an active investor so he is probably doing the trades on her account too. i do find it interesting how much they trade in options though.
have you seen her returns? she’s basically the ‘best’ stock trader of all time. it’s definitely corrupt.
we are the corruption, dude. do you know how much the ethereum lobby is paying senators like sinema?
yeah but it’s not exactly insider trading to look at google, salesforce and disney and think “i reckon these will go up in value in a years time”
rules for thee but not for me is nancy’s is saying
politicians, the greatest criminals.
nancy "i'll make it legal" pelosi
i think this largely depends on which party you are in, and how the media views the actions of people in each party. spoiler alert - the media does not treat both sides equally.
is that actually true though?
exactly and the fact that everyone knows what she does, but there is no consequence.
how about rick scott? i cannot find his return % but he traded 6x as much as pelosi did this year and is worth way more. plus, he has a history of being super corrupt that makes pelosi look like a saint. i mean he made his fortune by defrauding medicare. also funny that the s&p 500 saw a 27% rise this year and the majority of those members of congress did not even do that well. like they are supposedly so corrupt but they would have done way better if they just had an index fund.
congratulations? make a post about him and we can all say the same things over there. it's weird that you have at least 2 posts i've stumbled on in this thread where you're saying "b-b-but somebody else!!"
follow unusual whales on twitter. you will see her insane returns
> she makes about 200k a year and is worth approximately 150 million. go figure... her husband owns a venture capital fund. they did not make their money off of her congressional salary, lol.
insider trading is 100% illegal for her. the reason she’s not in jail is because she doesn’t do any insider trading. generally when someone is involved in insider trading there’s what do you call it… evidence… as in a trade is conducted right after insider information is shared. fortunately all of her husbands trades are public info and so you can investigate if this occurred. no examples have been found and so she hasn’t been charged with any crimes. pretty simple concept.
definitely we need to have laws that are superior than this people.
paris hilton? don’t reveal your age. at least say the kardashians
i would be happy if we get rid of every politician who does this. i do not care about what party, state, or anything else. when elected to political office, you should have no control over specific stocks or investments. this should be the price of public service.
hopefully they do the same for mitch mcconnell, who is oddly never in these thiscussions despite beating pelosi's returns
republicans do it as much as anyone. trump did more corrupt shit than any politician in history and republicans did nothing but kiss his ass and cover up his crimes.
lol, i'll hold my breath until the republicans pass any meaningful legislation on anything. they will never regulate members of congress, they do not want to govern just keep you enraged and thistracted by the latest [insert latest cultural war, single over issue to milk] they should call that aoc lady, i think she was bringing light on this issue before...
no worse than republicans. actually less worse considering donald trump.
lol the party of trump is not better. they literally rerouted the us military thousands of miles, multiple times, just to have them stay at trump properties. the sauthis rented 500 rooms at trump hotels and did not use a single one - then trump approved a 9 figure arms sale to them. fuck off with this partisan shit.
insider information is only good when it is actually insider information. you cannot profit from insider information based on months-old insider information. maybe she tweeted out each of her investments as she made them? i do not know. that's the only way it would work.
i’ll explain the obvious that you can’t understand. she fucking knows what to bet on due to her political position and has her husband make the trades🤦‍♂️. i find myself asking this question more than i’d like to. how the fuck are some of the “supposedly” smartest people on the planet so damn stupid...?!?! seriously, are y’all that naive??
do you think she had none? please explain her statistically impossible investment return numbers. i want to hear this explained.
brother please do not write such words. i agree she did wrong this is not gentlemen say.
hey at least aoc does not buy stock, she may be super controversial but she keeps her hands out of the stock market
i feel bad for people who think this way. ignorant and cynical.
who can forget kelly lafleur and david perdue?
senator burr dumped a bunch of stock after a classified covid briefing, saved himself millions, and was recently “exonerated “. weird that pelosi is taking all this heat. definitely seems coordinated. she’s not even the worst or biggest offender.
i hope the old hag sees eternal damnation. my point is, that those highlighting these issues are guilty of the *exact* same skullduggery.
growth stock were hammered so while it is been parabolic for the indexes the small caps were destroyed. maybe rightly so but many of the people in here are likely not even close to where they were in january or february last year. who would have guessed that had we bought msft and appl you would have crushed it in 2021.
good call…several 100k more 😂
i mean i’m talking about past shit she’s done. namely the report that came out earlier this year. but go off
they have none. but they were all mum when trump’s guy chris collins in nj was convicted. shit they wanted to give the guy a promotion.
i invested in dwac and think the way he has been treated by the msm probably contributed in a backlash that ultimately turned so many into covid deniers. (but he is a moron and i doubt he could make good stock picks.)
yeah. guess it is just a tough pill to swallow that "like-minded" people (ethereum fans) can also be this uninformed and prone to parroting conspiracy theory. while ignoring the proven insider trading from the other side. i'm off to
i've found this one and . there are definitely better crypto subs out there
>and democrats actually have a bill to stop members of congress from trading individual stocks. republicans would not support it. not that i thisagree with you about the republicans in general, but its not just them against putting a stop to individual trading. pretty sure pelosi made it clear she wouldn't support that either
now why would they make the system fair? so they cannot win easily? not gonna happen
there needs to be an etf indexed to mirror all of the investments of every member of congress so average americans can invest and become as rich as their congressman.
as you can tell from the post, pelosi reports in real time. all reports are same day.
more like end-of-trade reporting so it is known a high-up public official is making large plays immediately. it should be in the term contracts that if you are going to trade , your trades have to be published immediately. people would often question why such trades were made "blindly" so to speak.
yeah that’s what i meant to type
they can report whenever they want and say it was a mistake they missed the deadline and pay a .
bro, this is so smart. please teach us more senpai! i demand an ama!!
this is a great idea. where would one find this info?
what if you use your 100 percent brain lol, how did you do it?
thanks man, i'm looking at this now, what do you mean by line items though?
and not central exchanges either
senators: house of representatives:
i’m thinking about it. most don’t have an expiration date for a year.
yeah cuz 1.6% in 11 days is essentially a normal market return. doesn't everyone average 54% annualized? 😂
it's not that hard, i do not have a lot of spare money but tried to invest a bit in a dozen stocks i thought would do well in a pandemic. 51% gains... and its all larger companies, not some obscure small ones
yes those are members who are currently being investigated by the fbi. this thread is talking about pelosi’s husband who is a venture capitalist and did not make any trades that are under investigation.
i think it is probably watered down by freshmen members of congress, and that those on top do a lot better. top politicians who are on a lot of big committees have more access to true insider info. freshmen members are probably a lot more like your average citizen. i saw a twitter post that had individual members and while a few made huge returns, most on the list actually did worse than the s&p 500. i'm not sure exactly how it is calculated. you'd have to read the whole paper. it's also data that is around 10 years old.
her husband owns a venture capital firm. he has an mba from new york university. his entire career is in finance. she just married him, and because they are married, his trades are considered hers.
if you ask her what greek is her favorite she probably tells you the name of a restaurant instead of something remotely option related.
she has built that network and placed herself there, so you gotta give it to her.
just an s&p index fund did over 27% this year. most members of congress did worse than that.
you need to understand that you don’t have to meet anyone. insider trading is about utilising information that aren’t available if you wouldn’t be in a certain situation (example: regulations). using this to the thisadvantage of others and for your own benefit is illegal. so even if people use insider information they still can fuck up. the chances are, if you have a little bit of a brain, that you make a lot of money if you utilities your knowledge. so senate and congress are in a very special situation where they have this information before it is public. and using this to there advantage is not right. (and should never be)
it's 2022 and you still think there has to be direct meetings or calls to obtain confidential information?
i mean it is true they are cringe but you gotta do *something* right to get elected. it's a pretty cushy job and outside of some extreme thistricts where the crazy people get elected, you have to organize a fairly decent campaign. it's not so much that members of congress are that competent, it is just that the bar is so low when comparing to the average american.
if you’re so sure it’s insider training maybe you can explain why instead of making jokes?
tried that with occupy
marxists will ruin it.
yeah and then what? whos gonna change it?
"another stimulus check will be arriving soon citizen. nothing to see here."
that's what the whole pep scheme deals with though. politically exposed person, for those not of a finance background.
that is by design.
imagine being delusional or just a puppet !!!!! so you can explain how building 7 fell all by itself. ???being a puppet would be the worst thing
have you watched "inside job" or given any thought to it besides what the tv told you to think?
maybe 100 years ago not today the truth will come out, i think people are waking up, shit has just gotten outrageous
i was referring to ridiculous amount of corruption
they should watch everything, not just 1 source, and decide , not just read titles and believe like in the church. don't trust nobody.
it’s her husband and not her. he’s a venture capitalist and does well but certainly pretty average for someone in the field. he’s no warren buffett that’s for sure.
have you seen her returns? because what you're saying blatently false.
yes, actually i pay close attention to both the senate and congress stock watches. respectively, there’s enough verifiable information to show you don’t really know what you’re talking about on this particular issue. look at how much amazon, google, microsoft, netflix and especially computer chip companies have gone up in the last 20 years. all pretty common and sound investments that don’t need insider trading for massive gains. we’re talking well over 1000% increases.
yeah the world has ever seen.
i do not generalise that idea but yeah you're right in this case.
nancy "i _am_ the senate" pelosi
you're right! the media was waaaay too kind to donald trump. they covered hillary clinton's emails for months and months and months and when donald's own staff was using private emails for government business as found by the jan 6th committee, it barely made a 3 hour blip.
i think her and her husband trading is shitty, but come on. it's expected that basically ever republican does the same or worse, and they typically get a pass. the media goes way harder on democratic scandals proportionate to how bad they really are.
do you know who is married the head of the sec?
sure, put the numbers here, let us compare every person in congress.
no he has outperformed the best hedge funds by over 30% the last 5 years. i wonder how they have done that?
jesus. you're dumb. insider trading is 100% legal for members of congress
she literally just has to report it, does not say she cannot do it. there are no penalties if she does not report it. you do realize there is a whole website, sector of trading that just mirrors members if congress specifically her and her husband?
be careful what wish for. if every corrupt politician was canned your party would be no more, lol. and all we’d be left with is bernie, aoc and democratic socialist wing. i’m all for it! this would be amazing and hilarious but not enough gopers actually honestly give enough of a fuck about corruption unless poor people are benefiting from it.
sure, there are a few bad eggs in the republican party i do not thisagree with you there but can you admit trump was a true patriot as compared to biden and the democratic cronies who let criminals lose. trump had world respect, biden has a red round nose and a flower on his chest that squirts water with big red shoes. edit: i’ll give you a r+
yeah only a corrupt insider genius would buy bluechips like google, disney & apple... ffs
anyone who has been investing in tech the last decade has had some statistically impossible returns. i’m over 1000% myself, pure luck
>i want to hear this explained. i do not think you want to hear anything, tbh. your mind is made up and closed down. but there is lots of people without any inside info that have done very well with tech stock leaps over the last decade
yes. you are right.
i don’t think so, or at least don’t agree with your definition of hammered. the small cap russell 2000 has been range bound or consolidating all year. it made an all time high in november 2021. if your portfolio didn’t track the market consider just buying the spy etf. as for “who thought you could just buy msft and apple” literally everyone knows the faanng + t stocks are all that matters to the market. facebook, amazon, apple, netflix, nvidia, google and tesla.
what report are you talking about?
this would be terrible. imagine the pump and dump schemes
it would also make everything a pnd.
they are 2 steps ahead of me already, damn
you'll not get shit after one month, also will get rekt.
pro-tip 2- befriend a civil servant and ask them where their tsp funds are invested. they can tell you what funds and what mix of stocks are paying them dounle digit returns. i'd show you mine but i resigned in 2015.
the programs they spend on. (1) social security, (2) national defense, (3) income security, (4) medicare, (5) health, (6) net interest on debt, (7) education& social services, (8) transportation, (9) veterans' benefits, (10) administration of justice, (11) natural resources & the environment, (12) other.
watch, these sites will be taken down for insider trading, i guarantee it
...you're comparing very clear insider trading to some lucky plays that you made? senator burr from my great home state got publicly barbequed for selling like all of his assets after some closed sessions right before news of covid broke. this has nothing to do with you buying the dip
they beat everyone to it by a loooong shot
granted, because she personally didnt make any trades. it was done for her. that's a pretty low bar of innocence you are setting there buddy.
here's a free award for being downvoted for literally just stating facts.
so you go from congress member to congress members spouses.
oh so it’s her husband doing the insider trading and she’s just playing stupid?
she just married him?
free award 2 u
right. hey listen, i’ve got this bridge you oughta look at and it’s really a screaming deal….
damn, maybe her husband is the one behind this and she is just used as a scapegoat.
last year it was a major bull run cycle, so no surprise there
yeah, man still thinks that only source to get information is from the company owners or ceo's
>it's not so much that members of congress are that competent, it is just that the bar is so low when comparing to the average american. well, first of all, there is a very big difference between the average american and the average retail investor. the vast majority of americans have no investments at all (or at most a 401k plan). i'm not saying you need to be a genius to be an investor, but simply having investments implies a certain degree of foresight, planning, financial management, and critical thinking that the "average" american simply is not capable of. >...you gotta do something right to get elected. as i've grown older, the less convinced i've become by the argument of one's power having been earned through one's merit. the majority, if not all, of the sitting members of our government came into power via some combination of inherited wealth, social, outright nepotism, and. are there exceptions to the rule? sure, but the fact that the "rule" implies access to resources that cannot be readily acquired through one's own merit or effort is the problem.
you just have to get into the club. the two major political parties in the usa are just confined ecosystems. you want to be in politics? work for a campaign and get someone elected, be a fundraiser calling big donors. move up the ranks. eventually it’s “your turn” and you run for office, and wouldn’t you know it, the state party is willing to back you as their “official” candidate and you have a list of endorsements of high ranking members a mile long, all of whom you happen to either have worked for or have direct connections to. honestly, it requires nothing from you to be elected in our system because our system prioritizes who you are far less than whether your name has been marketed enough.
if that was a revolution we are truly fucked.
that was the wrong place at the wrong time tbh
it was the first spark, but huge changes of the sort can take decades. change does not necessarily happen over night.
it's something that would get a lot of public attention considering how much trading has exploded in popularity over the last two years.
i can see your research consists of watching youtube videos from a shady channel.
> imagine being delusional you don’t have to imagine do you?
i wanted to come back to this you are talking about the 2010 film “inside job” directed by charles ferguson, correct?
yeah when i was 14 then i realized i’m not bat-shit delusional lol
i will as soon as i possibly can.
i bet you’re lying about that.
nobody should watch cnn, msnbc, or fox news. nobody needs to pollute their mind with such extreme propaganda.
seriously. it is clear that a group of lawmakers came out of that meeting in march 2020 and told people to sell it all...and they did. but the bottom happened so quick, they 'lost money" by not buying right back in.
definitely true, how all of them so much related to each other .
“i am the house” maybe? she’s never been a senator.
that’s bc media is a machine that constantly needs to be fed with something. and frankly political division is like the lowest hanging fruit. it’s gone on for too long and now the beast has a mind of its own.
just curious, do you not think hilary committed multiple felonies with her servers? because she did. she intentionally circumvented security measures for the secrecy of her own slush fund.
sounds like you’re not up to date on how legitimate the steele dossier and russiagate were lol. the media spent two years pushing a conspiracy theory created by the clinton campaign.
oh really? all i ever saw and still see is "trump did this" "trump did that". and it is always against him. kind to donald trump? way the opposite way there. talk about them being kind to biden now. everything he does is planned and they would not bash him for anything. the guy cannot even handle a few questions from reporters. but the media was too kind to trump? give me a break
the problem is we think we know to much about this people.
are you an ostrich? serious question.
media was kind to trump? this is why our country is crumbling. the average honest intellect of our citizens is truly embarrassing. idiocracy is occurring in our lifetime.
are you mentally handicapped?
gary gensler's wife? i did not even know he was married.
mitch mcconnell actually beat her returns this year
her portfolio and frequency of trades is much too huge to break down on here. unusual whales literally spends 24 hours a day analyzing politicians breaking the stock act. i promise she is the biggest culprit.
it’s literally illegal. you are one dumb mother fucker.
if she trades off of insider information then she would go to jail. a congress member literally just went to jail for this. stop lying and acting like this is legal and not prosecuted. what you are doing is gaslighting so voters ignore the fact that multiple members of the gop are either in prison or being investigated because of insider trading while in congress.
lol you realize that report was before the stock act right? 😂
if you read you’ll see the violations aren’t actual cases of insider trading. there were some violations that were that resulted in prosecutions and jail time. but most violations are with regards to reporting trades and timing. also nancy was not on the list of those who violated the stock act.
> not enough gopers actually honestly give enough of a fuck ~~about corruption~~ unless poor people are benefiting ~~from it~~ ftfy
obvious troll is obvious.
wow, you’re an actual legit idiot “common_sense92”
trump a true patriot? hell no. he saluted a north korean general and tried to divert a hurricane with sharpie. world respect nope. not unless you count the amount of corn popping that was happening through out it all.
lmao trump did not have world respect.
tell me you’re a republican without telling me you’re a republican. ‘hateful to me as the gates of hades is that man who hides one thing in his heart and speaks another’ my initial point stands, unaltered and perfect as it was.
turns out she is a democrat and this sub does not like that. they did not give a shit when trump was the most corrupt politician in us history though.
i was just thinking that. everyone flocking to congressional stock buys. perfect setup.
still better than the system going on now. let the pump and dump take down the crooked rotten system they set up
this is legiiiiiiiit!! from whence do you bequeath such wisdom?!
no they won’t. this site just thisplays public record information. the same info is on the sec website. stop talking about something you know nothing about
if there was evidence of insider trading then those trades would get investigated. all her trades are public and there has been no evidence of insider trading.
lol thanks. it's a tough life trying to be objective about anything these days.
buying google stock isn’t insider trading…
yup that statement proves it all !!!!
i meant this one: or it could have been something similar which was censored, i dont remember because i watched it over a decade ago. the hollywood machine likes to milk 911 for all its woth and cement inaccuracies as inthisputable truths thanks to fictonal films based on lies and greed.
just cuz you watch something does not mean you automatically trust or believe it. why would you assume that?
sure she needs to be in jail but so does the orange asshole … this is the issue both sides actively hate us poors…. we have to quit the fighting and join up … put them all in jail
the question who on capitol hill has not? let's not cloud things with partisan filters. it's question of culture and which rules.
there is no crime when your husband is the senator. he makes the law.
yes. because he was objectively the most odious oafish shithead ever to hold that office. proportionally democrats were roasted for minor things in comparison. remember obamas tan suit and foot on the desk? fast and furious? bills blowjob and her emails? more coverage than plotting with ukraine or defrauding a childrens charity and millions of dollars in tax fraud.
hey, very stable genius, i provided an example. your cult daddy got off light. as another example howard dean was blasted for weeks for yelling loudly thay one time, whereas your shithead incited a deadly insurrection. you dont have a counterargument just ad homs. nixons drafted articles of impeachment cited shit trump did on a weekly basis. the irony of an iq 45 cultist who voted for a guy who claims climate change is a "chinese conspiracy" questioning anyone elses intellect cracks me up. go sue some windmills for causing cancer and defraud a children's charity.
hurr durr no counterargument just noise. typical poorly educated redhat. go do that one treatment that knocks covid right out.
don't need it broken down, just a summary or a link to one of the analysis you're talking about.
> i promise she is the biggest culprit. she is literally not. look at rick scott. over six times as much volume.
not everyone's spouse is literally in the finance industry like hers, though. they should all be in blind trusts, but you can at least make your argument without misrepresenting the context.
you “promise” as in have no evidence she is in violation of the stock act. a recent report looked into it and found many congress members that are in violation of the act. nancy wasn’t on the list.
can still trade on insider information. just has to report it. according to quiver quantitive her husband has beaten the best hedge funds by about 30% the last 5 years. wow, that is amazing, he must be brilliant...
not trolling but truth burns eh?
well i guess you enjoy paying , increased inflation, the build back better debt. and i won’t even go into joes mental capacity. obvious that you’re a child of the modern gen -z news media that is incapable of free thought and needs cnn and the democratic party to tell them how to feel and think. friend, i coke from a communist country, this is exactly how it all began, first you can’t say this or that it’s not right, then it becomes you can’t say this because if ussr penal code 58 you will be sent to gulag for making a stalin joke and your family will lose everything. all free thought, sanity, logic is abandoned and you are left with topics like motherland, work, how great the government is, and praise stalin or in this case the democratic party. i’m done with this thread, it’s pointless to have a constructive argument with a uneducated media zombie incapable of free thought. i hope you are well, and happy new years.
respectfully, how? are you getting unlucky with options? anyone who has bought and held should be up
did you even read the comment your replying too?
i do not think you read the comment you replied to lol i've seen her actual investments. lots of tech stocks. as the person you replied to stated, anyone fucking with tech stocks the past decade has done *very* well, no inside info required. just wondering, what specific trade do you believe she had inside information for, since you've reviewed all her trades and have a strong opinion on it? **to be clear, i do not think senators and representatives should be buying individual stocks.** but you're quite sure she is using insider trading and i'm just not seeing it. she is not even on any committees.
yes because someone else does her trading and theres no way to prove if she did or didnt say anything to them.
i never said it was. but the act of receiving confidential or non-public information of a certain company is. pelosi is more of a “do as i say and not as i do” type of person. kinda sounds like most of congress these days, don’t ya think?
haha opinions and beliefs aside, have a great new year!
so, you still believe in an over a decade old film written by two friends in a small town which was originally supposed to be a fictional 9“documentary”, which is really just a bunch of youtube conspiracy theories also tied to qanon and anti-vaxxers to this day? that “loose change” that you watched on your tv? or are you telling me you believe in the movie “inside job” which has nothing to do 9? > given any thought to it besides what the tv told you to think edit: i used to believe in a lot of conspiracy theories that’s why i’m questioning you
why would you watch it in the first place
i believe it was a mistake for trump to have any economic dealings while in office. i think he should have divested himself entirely before running. i hope that future politicians will do this, but i'm not holding my breath.
to be clear, i want everyone who does this in jail. pelosi and everyone else.
plotting with ukraine? that did not get alot of news coverage? that was what, six solid months of that to the impeachment bullshit?? trying to find out about joe's son's illegal business deals. you do not hear a thing about him. let's talk of democratic support of defunding police and all the violence of last summer. next to no coverage of most of that. it's all an agenda. afghanistan thisaster, not much coverage of that whole failure after a few days
please continue to reinforce my argument.
so all spouses in finance need to quit their jobs? seems thiscriminatory against a dual income household (which inevitably harms women more than men). the solution seems to be to just have immediate reporting of trades - which is actually what nancy does.
nope, trading on insider information will get you thrown in jail, as the gop has found out. nancy pelosi’s husband is certainly good at his job, but still pretty average for a venture capitalist. he’s no warren buffett that’s for sure. but sure he built a pretty good name for himself that in part is why nancy was able to run in the first place when she did. he was a good investor before nancy ran, and continued to be good at his job after.
oh so you think spouses should be banned from pursuing the career they choose? first it was “hillary can’t be a lawyer if bill is governor” and now this conservative bullshit is being extended to include finance careers…
>trump had world respect oh yeah, i dream of having the amount of respect that world leaders had for trump. r
i was up at first like 50% or more. that was in the first few months. i made a few bad moves and it got bad after december 2020. i held onto some stocks that did not do well.
anecdote =/= evidence. his point was not germane to the points being made. he is implying pelosi's trades seem fine. nobody thinks that.
i think this is a fair point. i have not gone through her records myself. i'm simply relying on the statistics given by the media (and therefore not researched myself).
i was quoting homer; a deliberate attempt to make you feel small and stupid, homersimpsonrocks. edit: since i’m an honest operator i have taken it upon myself to stop giving you my attention since you have zero respect for editing prior comments to make you look less of an insufferable tool.
huh i wonder what you call something that you have no proof of… oh yea, not a crime. innocent until proven guilty. don’t like it, move to russia.
well yes if she received non public information about google and then traded on that info then that would be a crime. both her schedule and trading history is public information. no evidence that she traded based on any public info.
tell me you're a sheeple without telling me you're a sheeple
but you agree both sides of this shit corporate government need locked up?
yes equal application of the law.
you're right, it is an agenda. that's why the president personally invites his 'unbiased' media propaganthists to his rallies:
i'm talking about your president's actions, not one of his relatives who does not even hold office or some random idiot somewhere who took advantage of a protest to steal a tv. "impeachment bullshit" aka the president of the united states extorting a strategic ally in a not-bloodless cold war, withholding lethal aid and sabotaging us foreign policy in exchange for political favors based on lies. it really does not get much lower, or i thought it wouldn't, until his dumbass marched in an army of 3000 rednecks to intimidate or kill his political rivals and trash two centuries of representative democracy because his feelings were hurt. oh wow one terrorist attack happened in a region that has not seen a bloodless month since the occupation. sleepy joe should have been a better soldier, he missed the terrorist. could it have been done better? sure. would a republican president have personally magically stopped that terrorist attack somehow? i doubt it. the reason we do not talk about it to death is the same reason we do not beat up george w. bush for every attack that occured 'under his watch'. is 9? [
yeah still no counterargument, pathetic.
trumps ga phone call alone would have instantly ended any other presidency, and be taught about in history class for decades, but the ridiculous double standard with donny had us talking about something else within days. it's alright, the poorly-educated overwhelmingly backed your guy, and there is ample data to prove it, so i understand why reading comprehension is difficult for you.
she literally has her own section
i think if you want to be in public service, you need to ensure you have no conflicts of interest in serving the public. don't like it, let someone with actual morals have the position.
aw man i’m sorry to hear that. buy solid investments and hold for a while. it took a few years before my crypto investments took off
he is implying that she isn’t necessarily trading on insider information. you are implying that she is using insider information to determine what trades to make, which is not proven.
nice reference! i do appreciate quoting the classics. i just wish you could back up your position with reason and logic, and not just ad hominem stuff. not a lot of actual argumentation coming my way. just fluff.
congress was allowed to insider trade until obama became president. up until then they could freely trade on privileged information. you think they suddenly stopped? you come off as a boot licker.
“no evidence that she traded based on any public info”. you sure you don’t want to redact that statement?
next time come with evidence that hasn’t been completely debunked 10 years ago (like that whole “documentary” you linked) and provide some actual content to the conversation instead of just sitting in your echo chamber and calling people “sheeple” like 12 year old on facebook lol
anyone who does insider trading should be locked up. yes. i oppose liberals because they are kaynesians who only ruin the economy. i oppose corruption in either party for the same reason.
banning spouses from certain lines of work sounds like a pretty immoral policy to me 🤷‍♂️ if you want to have laws like that you can move to saudi arabia
i do not thisagree with what you're saying. it's a fair point.
it has always been illegal for congress to engage in insider trading. the stock act didn’t change that. you sound like a bootliker, complete thisregard of the facts just do what you’re told.
you know what i meant. can’t be charged of a crime if there’s no evidence of a crime.
republicans are directly against progress… no healthcare , no educational reform, etc… democrats are just corporate place holders…. either way they both only have their immediate interest at heart not us.
it's not banning spouses from work. it's not allowing people unwilling to serve the public from getting into positions to serve themselves instead. allowing them to use positions of power to enrich themselves is more saudi arabia style
i hope all of your investments do well, and you have a great 2022.
avoid from taxes by buying high, selling low. tax experts hate that simple trick.
you can thank turbo tax for this. they lobby to prevent the government from simplifying the tax process
i just deny the government's existence and that exempts me from any tax responsibilities.
fortunately it is pretty easy for me to calculate taxes on my modest .12 profits on crypto
i guess i might as well sign myself up for prison because i swapped so many tokens i cant even remember what i did lmao
i'm in the middle of an audit from 2018. let me tell you, anyone that keeps funds out of a checking account, they definitely do *not* have an accurate number as to how much you do and do not owe. of course, you have to justify why what you say you're paying is what you're actually paying.
so many things wrong with this meme lol
gee, thanks turbotax for lobbying so we could keep doing things with this fun and enthralling system
fuck the irs, the fed, and the major banks. crypto revolution, put financial power back in the hands of the people! cryptoapes strong together!
isn't this thanks to intuit lobbying preventing the free software and autocomplete forms?
so the gov doesn’t know exactly how much you owe … where do ppl get their info?
this was the exact conversation i had this tax season with the government for my personally owned business... and then they hit me back with, oh wait you were late so you owe a bunch of interest on that money you owe.
they do not put you in jail, though
lucky for me i never have any profits to report.
no problems if you buy high and sell low modern problems require modern solutions
australian taxes are a little more straight forward at least, just gotta declare any income that did not have pay as you go or go through you tax file number, and any deductibles.
in the uk it’s done for you
taxes are not the issue. how they are being used is. crypto is not here to avert taxes, but make it so they go where it needs to go. soon we'll have a system where taxes are deposited directly into designated addresses. so an automated process in which the tax pool address sends a certain percentage to the education wallet or the military wallet. and every single time funds are removed, the taxpayer will know. so the next time a group of politicians want to have a crack party and splurge on lolitas, we'll out them much faster.
you don’t actually go to prison. they’re just like “hey you forgot some things; try again?” and then you resubmit.
god i'm tired of dumb posts like this submitted by 16 year olds
sounds to me like they have no way of really knowing so they are trying the ole "we want you to think we know what's going on but we actually have no clue whatsoever how to approach this thing"
gov is the most hypocrite friend that you may have in your life.
i can tell these posts are from na and you only think about na, like the idea that other countries are not like this must be crazy to you
govt shitty dark secrets
this is my favorite way of putting taxes into perspective for my friends. such a fucked up system both here in canada and the states.
i ain’t claiming shit
gov’ment: “f you, give me money!”
you guys pay taxes?
this the shit people should be fighting for and deciding where our money goes. instead they fight cause a movie was historically incorrect
and we have to pay someone to figure that number out if yoilu dont know tax laws and such. they change yearly btw
you can thank the two tax companies lobbying the shit out of the government to let them do it instead of having the irs tell you what to pay. while its free and relatively painless for most of the population (those that just need a 1040), doing it yourself when you have multiple assets and varying profit. for the latter, its hard to imagine the irs being able to give you the most favorable tax treatment than what an accountant can
but it’s ok. you can pay a guy to tell you how much to pay
fwiw they are like this about immigration records for visa applications too.
u only get in trouble if you did not make that much then lie. if you rake in a pile of cash you can tell them anything you want or even that you lost . they'll believe u
the real crime is that the irs cannot put a tax calculator on their own website. the major tax preparers lobbied congress to keep that from happening by promising "free" tax prep. of course, the "free" service is incredibly difficult to find on their websites. you'll end up paying for the service in most cases.
besides being off topic the post is not even accurate. if all you have is w2 income they do know how much you owe, and it is free and simple to find out exactly how much. but if you have a lot of deductions or you run a business etc the government does not know and you do have to calculate your expenses to know how much tax you owe on your profit.
when i fill my irs they already have it pre-filled with how much i made and have to payback. but still ask me to provide the numbers.
i just fill in and sign my yearly tax declaration. i trust my government.
believe it or not, also jail
in my case, it’s the original taxes i owed, plus a penalty and interest
imagine if any business worked like this. you go to a grocery store and after filling your cart, you get to the cashier who lifelessly asks you "how much do you owe?" you pay what you've calculated you owe and then leave. but every now and then someone gets stopped and singled out at the door and every single item they have purchased is scanned and compared with their payment receipt. if it is wrong they call the cops.
its a fucked ass twisted system and fuck capital gainz tax
this is so true, so sad, and hilarious!
if you never sell your eth then you never have to pay taxes :)
moral of the story: don’t sell, use crypto as currency
yeah, you do not want to live in a state where the government can file your tax-return for you. check out the nordics, with norway going the furthest, as far as i'm aware. last i checked, you'd get your pre-filled tax summary per post or even email, and you could acknowledge by a simple "ok" per sms text message. it's probably an android app by now. but in order to make that system work, every bank, every credit card, every insurance company, real estate agent, car sales man, and so on and so forth have to report all transactions you conduct. and they do not stop there, they want to make cash obsolete, and they have gotten quite far by making payment cards super convenient. beggars and drug addicts in oslo now carry card terminals. in terms of your financials, it is a panopticon, which is a pretty huge dent into your privacy. it's of course what they are targeting. no thanks. i'll fill out the darn papers.
so annoying this is
this is stolen from that heavy set white kid on youtube .
but if you feel confused about your calculations you can pay someone to do them for you.
i do my taxes every year on turbo tax i really don’t think the people at the irs know shit i just keep fuking with it till i get a nice refund ... ps. i’m self employed so i don’t pay anything threw out the year still get at least 5k back
the government does not know how much you owe, though. that's why there are audits and why criminals can get away with money laundering.
in other perspective , this is how tax evasion using accounting approach works. so fittest gets most creative accountant to minimize taxes. that is how there is no rule for all.
they actually know but won’t do anything about it unless you get audited
the american government and other world governments makes the people so worried about shit in their life that you don’t even have the time to organize to stop them from the tyranny they pull that’s holding the entire world from evolving into something better... imagine if none of us had to worry about the paper work they give us on a yearly basis... or expiring licenses (my favorite bullshit from the government... they think a piece of plastic is like a jug of milk that can expire) insurance, parking fees and tickets to park a car in your own neighborhood???? and bullshit scams like forced taxes. they won’t even tell us where that money is going... certainly is not going to our infrastructure that’s for sure!! i think i’m dodging more and more potholes on all these roads everyday.
yeah no tax return this year yet... bastards
is that some american thing, i am too german to understand? fill in your report and wait for answer that tells you the sum, you owe or get back. why are simple things so fucked up elsewhere? not saying that many things in germany are not fucked up, but man, that seems to be governmental bullshit.
if i ever become really wealthy, i want to pay my taxes entirely in change. only pennies and nickels.
😂😂🤣🤣😂 russian roulette definitely😂
sometimes gov can be very funny and sometimes very difficult to understand
what's with the surge of idiotic libertarian shit here that had nothing to do with eth or crypto all of a sudden?
this is more of an american thing here in the uk the government just tells me what i owe and my employer automatically takes it from my paycheque before giving me the rest in the us, your tax companies (mostly turbotax as far as i can tell) spend huge amounts of money persuading your representatives not to change the law. it could be so much easier if they wanted it to be
lol meanwhile the top 1% pay less taxes. bullshit. they all need to be jailed to allow this shit.
one of my all time faves…
so it’s basically [that one tiktok]( but in text format
this sounds great but is factually incorrect. this would make sense to you if you have been a w2 employee your whole life. self employed people receive business income which the government can’t track very easily. you get paid 10k in cash for hvac job you do through your small business and the government has no way to track easy way to track it. if you’re w2ed the government literally receives a copy of it every year because who ever employs you has to file paid employee wages for their business taxes.
if you are extremely rich you are less likely to get audited because the government doesnt want to spend the money to audit you and fight against your team of lawyers. as long as your are some what reasonable you are unlikely to get audited.
it’s time for another boston tea party. we are being overtaxed to death 💀
the simple solution is to refrain from doing your taxes.
no they don’t know. they give you a chance to figure it out with lots of wiggle room and loopholes to exploit. jail is not an automatic thing. this is stupid and just gives a blanket judgement.
i live in australia, it’s the same thing, if you get you wrong and you get caught you’re fucked big time.
we are all slaves you are a slave humans are slaves.
i love this post. government loves squashing little bugs like us with their size 20 shoes. once you are in their sites, your done for. lol. great post!
and that is why we say fuck the government fuck the irs, and fuck taxes!! we are going to change the system we are coming for the its next!
hello everyone, i'm a student looking to raise money to support life-altering surgeries around the world. all money donated will be going to operation smile which is an organization that provides children with cleft lip and-changing surgery. i am asking for any donations as every little bit will help. thank you!! link:
(metallica) 🎵 sad but true 🎶 national sales tax is the only fair tax
irs: your taxes are overdue, get ready for jail you: refund hasn’t arrived but “your working on it so be patient” hmmmm
this is why i evade taxes
the us tax system is so incredibly stupid. is there a single industry in the usa that is not just ridiculous crony capitalism?
sounds like a mafia protection plan
this is the answer.
"hey mr taxman, i'm no expert but based on my calculations i owe you nothing, here's my maths, see you next year!" seriously though, why do americans do it this way? in the uk the government tells us what we owe and we check it
if learning taxes in school was a requirement you could not answer “but what do i know tho” to bad they think some defunct form of math that you will never use is more important.
**you also** **do not go to prison if you get it wrong**. this is irresponsible hyperbole at its worst. if the irs thinks you made a mistake they send you a letter telling you the issue(s), their reasoning, their calculations and how much you owe. you can contest their finding if they got it wrong and you're given a period to thispute it. depending on the situation you may be assessed penalties and interest as well on the funds due. btw, they also send you a letter if you made a mistake in their favor and credit you the money you paid in error (no interest on that though). prison is for serious tax cheats. the wesley snipes of the world. people who intentionally trick, mislead and avoid paying their taxes in large amounts without any reasonable justification. again this post is ridiculous in the exaggeration of the us tax system. although it is overly complicated, unquestionably.
either way, us tax and healthcare system suck. edit: i forget to mention but you guys are have to paid for education, right? education system sucks too then.
irs: hmm there is something wrong here. you: oh no. anyway...
so you means if i paid partial tax and govt fail to guess by other source of income its their fault?
glad this is the top comment. drives me nuts how many uneducated or uninformed people populate this earth, constantly complaining about things they are completely wrong on.
op is wrong. they do not know how much you owe, especially if you have a business, but if your submission is accurate and honest but lower than what they have concluded you owe, even if they grossly overestimated your revenue using "expected revenue data", then you are in trouble
> as long as you didn’t try to trick them intentionally okay, how would you prove otherwise?
this is my first year in crypto. i was under belief i will get a tax form from robin hood( not with them anymore) and coinbase. is this not correct?
you submit it to them, and remember to add at the end “this is not financial advice”.
i don’t normally post or get involved in this type of thiscussion, but i personally received the best tax help this year from semper tax relief, for a substantial amount that i incurred in 2018. they worked with me and my financial situation. i now pay back 1. maybe check them or… free first time consult. hope this helps.
wait but how do i "show my math" along with submitting the official tax forms?
wait, you have to calculate your own taxes in america? why is that a thing? it’s so bizarre.
smart contracts in a dapp could potentially calculate the taxes in less than a second! maybe next time there’ll be a dapp called unitax. 😹
yeah. what jurisdiction you are at?
yeah this guy is right, but i do not know tho
great! i’m donating extra fuckin money every year to the i.r.s. they must love me… 🤦‍♂️
and who decides if i tried to trick them 'intentionally'?
this son of a bitch is tricking the taxman by shrinking his net worth year after year, click here to see how!
alternatively you can become a criminal and then the government will stop chasing you after your taxes.
so we are all just avoiding taxes subconsciously?
i aced this tactic!
exactly. their whole existence relies on people fucking up their calculations.
of course we all think they are helping us get them done faster! great monopolies are hiding in plain "site".
so, who lobbied for it before the internet?
honestly lobbying is so thisgusting its should absolutely be illegal. i mean im pretty libertarian at heart and not usually about banning things. but lobbying is just bribery with extra steps.
plus republicans want taxes to be as painful as possible so that people are always angry about taxes. not that cutting taxes makes it any easier to do your taxes, but some people have lower numbers at the end of it sometimes, so there is that. edit: words
you think turbo tax is behind all this? 🤣
wrong. turbotax is assuredly not the reason the us tax system is the way that it is.
the power of thought
and when the police come to arrest you, just quote the magna carta at them and politely ask them to leave you alone, there is literally nothing they can do.
there is math to justify this. i have been working on a proof for years!
look at this guy here, making profits.
profits? y’all out here making money on crypto? ive been buying high selling low but i’m in the red
i feel the same way haha, following you bc you get it. edit: i see your hard on shib. good luck sir.
lol that would be great... they throw me in prison i ask what my cell mates did... they say oh i stabbed someone or robbed at gunpoint... and what did you do sir? oh i swapped a few cryptos trying to make a few dollars lmao 😂
cointracker keeps track of all that stuff and makes it a lot easier for taxes
yeah also fuck most of the government as a whole. south park put it best most of the time the only people suck up enough to run for poltical office are either douches or turds. but seriously most of the government operates like the mafia and is full of criminals.
nope, it is not. this post is not even correct.
late to your dentist appointment, believe it or not, jail
overcook fish, right to jail
what is this from again? edit: nevermind, [found it](
at least we would not have to worry about selling our crypto during that time.
you can also report your loss and offset what you owe. of course, it is possible only if you sell.
sadly, it is not how it is done. it would be easy, otherwise. rather, politicians hand over the money to their powerful company-owner or charity-owner friends (anything that could go with the narrative that they may for services the state asks to such company, for instance), who then pay the politicians either directly with money or indirectly with benefits or political support. the problem is i'm pretty sure you can get rid of corruption in centralized organizations. whatever you do, a centralized organization will always require a higher up to protect against corruption, which in turn is subjected to corruption himself. the only way to solve this is through decentralization, which then means you do not have centralization anymore.
technically, the money already is put into specific "buckets" within the system. these are all outlined in the legislation that defines each tax type. a lot of it is dumped into a general fund, but that wouldn't really change with crypto, as it is not legislatively defined by the source of the money like some specific types are
but thats not as funny
even easier, in most cases they will propose the corrections and amend your return for you, if you agree.
oh, they know alright. they just don’t know about your tax benefits that save you money––because there’s no incentive for them to know that part.
the us is not like this either, this person just does not have any idea how thing work
stop blaming god and satan for problems men have created for themselves. corporations pay millions to get elected officials voting the way they want...
is it fair to assume that tax services are just a tax for dumb people similar to how lottery tickets are? just a quick google found me numerous excel sheets for us taxes.
that requires repeated deliberated attempts at evasion on a large scale
buying with crypto counts as a sale at the time of transaction
>i’m self employed so i don’t pay anything threw out the year how are you not getting hit with underpayment penalties? unless you're warning so little that you do not even owe estimated payments
you really just copied the top comment 5 hours later?
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the tax system in place exists for tax preparers to make a buck. so yes.
but not the way
wrong. taxes has been a big money grab ever since this totalitarian government has established itself in our system. we are still living under britain. they out smarted the ones that tried to run from the authority.
because there is a whole industry where you can pay them to do your calculations for you. if the system was simpler, that industry would have no reason to exist, so they lobby the government to keep the process as complicated as possible.
serious question. how do they handle capital gains, income from self employment and rental property, etc.?
dude uk sounds nice. taxes stress my stupid american brain out. hard enough learning about crypto, eating junk good and ignoring my girlfriend to look at coin prices i do not even have any of.
someone tell me if i’m off, but i think the real reason is buried in the past and dates back to the old world us when there wasn’t an income tax that allowed them to know how much your were bringing in.
because the gov doesn’t know what you spent cash on or credit thats tax deductible
the tax prep software lobby has a lot of influence.
two totally separate arguments. personally i think thiscrete math should be what’s taught in school but replacing taxes with math in general doesn’t make much sense.
tax evasion is self defense
sir, it is a meme
>education system sucks too then. this is what allows the other two to be possible.
this is the double debt dilemma.
haha fuck... brutal put down.
you got free school? what country?
>you guys are have to paid for education only college and up. high school and below is free. and even then there are some colleges that are heavily subsidized by the government. we have most of the top 20 universities in the world, too.
i don’t know if attributing fault is useful here — there’s an audit period, and if they don’t catch the mistake after some number of years, you’re in the clear.
it’s not being uneducated, the irs most likely won’t give a shit if you’re earning just a few hundreds or thousands and filled your taxes wrong. if you’re a big fish and consistently trick them you become an audit target and they’ll come after you sooner or later.
i cannot think of anyone who went to jail for accidentally misreporting taxes. they jail people who intentionally omit obvious income or those who refuse to pay.
because normally if you're trying to trick the irs you're not going to do it over a . and if they really need to they will just audit you.
there are also penalties for late payments.
no you won’t. unless it’s 20,000 or over. you’ll have to do it yourself. now, you can go to sites like koinly and they will connect to your account to determine what your profit
lmao. no. i stopped actively trading crypto in 2017 after i realized how fucked i was on taxes. every single trade is a taxable event, no matter how small. i ended up paying , but even then i had to enter my own cost basis and everything and i had no idea what i was doing. it super, super sucks.
no, they send you an excel spreadsheet and you have to calculate it yourself basically. it is so dumb...
i just clicked. now i would not have to worry about paying taxes for the rest of my life.
before the internet was the main place for filing taxes it was even worse. you had to physically go into a location like an h&r block or pay a cpa.
you... what... can you be a bit more specific? the "conservative" party wants taxes reduced because they believe private enterprise spends capital more efficiently than government. whether or not republicans are conservative is a separate issue entirely. the regular voting people that are labeled republican are conservatives.
“it’s just cheap tuition” well damn how many terms am i doing?
dude i made so many swaps because coins were going down and then i put them all into others as i did more research ... not even sure how id go back and put all the transaction in... i might as well call the irs now and hand over all my stuff and say here you go figure it out lmao😂😂😂😂
play music loud jail
yea there’s literally nothing funny about doing taxes. super bummer.
maybe but half of us thinks like this sadly(reps)
yep you wanna invest your on your own if you lose but if you win we want a cut such a broken system
to be (somewhat) fair, you can use your losses to deduct from your taxes
i don’t know i’m not a tax expert i just put the numbers in turbo tax and boom i keep messing with them till i get a number that i’m satisfied with been doing this for 5-6 years now
that’s better! thank you!
it literally is the way though. i do my own taxes every year and it’s exactly the way
you do not do taxes yet mate ?
yeah man, your eyes are open. the rest of us are so stupid for not seeing the truth.
bingo! we have a winner!
man there is so much stupid shit us citizens actually pay for. every couple of months i'm surprised and entertained anew by something they are 'forced' to pay. how the hell do not people lose their shit all the time over there?
well shit never thought of it that way!
ding ding ding! we have the winner! it shouldn’t be this way. anytime you scratch your head about why is something like that it’s likely money is the answer. if the government told us we’d have an entire industry of accountants go jobless. although the government could just pay all those accountants to work for the irs then actually collect takes on those evading it
there’s an industry for god damn everything in this country. no one ever misses a trick in the usa
yeah, never mind that the government isn’t always aware of all your income or your deductible business expenses, and without our input there’s no way the amount of taxes they’d charge us would be accurate for anything but the simplest of situations. i run my own side business- if i didn’t get a chance to deduct expenses i’d have to pay more than i’m entitled to.
wait… as opposed to the other way around where the industry would just be on the other side and working for the government to do the calculations for you and then it’s mandatory thereby you’re not allowed to do them yourself for free? do people even think before they reach for their tin foil hats?
also why the law is written in such confusing language. written by lawyers to perpetuate the existence of lawyers.
not only healthcare is business but even tax collection is also a business
so it is the same answer as it is for every single reason the gov. does something... money.
those are the occasions where we do have to report our earnings to the government as individuals. employees go through a system called paye (pay as you earn) companies report the wages directly to the gov and the system tells the employer how much tax we pay each month. edit: best way to explain it is my own situation. i'm a director of a limited company. so i pay myself through paye, the software tells the company how much i as an employee of the company have to pay the government in tax and national insurance (pays for health care, emergency services etc). then each year i submit my tax return as a company to pay corporation tax when i was not a limited company, i was what we call a sole trader. less paperwork, but more personal liability. i would submit annual accounts hmrc would then give me a bill. the lines here are blurred because a sole trader does not have to have a separate bank account. the "profit" is a sole traders "wages" then tax is paid on the profits. because i hold crypto, when. this goes as a separate filing for cgt. up to £12k a year tax free most landlords will be registered as ltd companies or sole traders to be more tax efficient. i do not own property so i'm not entirely sure how that works
yeah exactly thats how most people evade taxes they just dont declair shit and most of the time its just fine. the problem is when it isnt fine it realllllyyyy suuuccckkkss bad.
many of the things you listed are in fact reported to the irs. and anyways, their simple existence doesn’t preclude everything else from already being calculated. the 1040ez form should simply not exist.
literally the only thing i like about usa tax system is afaik you guys can write off a lot more for tax purposes we can claim so much for doing laundry on a uniform but that is about it, and we can claim so much per mile for personal vehicle usage plus if you all did not have such a complicated tax system, usa tax season wouldn't have such a strong influence over my crypto portfolio
uk taxes is why we have america.
surprising number of people out here believing that unironically though
yeah, morons read memes and take them at face value.
and if they do, you get a penalty and interest assigned. so good luck
you don’t go to jail though unless you’re being flagrantly evasive or negligent. they just send you a bill for the difference. it’s just absurd to assert otherwise.
well yeah, that’s true for essentially all loans. money has a time value.
well i haven’t kept up with how much i’ve put in, gained or lost. so if i have no clue i’m guessing the government doesn’t either. does it have to be over a certain amount to where you have to include your gains or any amount of gains needs to be reported?
deliberately destroying your own net worth can be a crime under certain circumstances e.g. if you owe money to ex wife, government, business partner, fulfill a court order etc. not sure though how a judge might see it because an investment can go up and down. then the law will have to determine if you did it out of spite or the decision to invest was sensible.
or just do it yourself. the math is not that hard.
let me expand on that point a bit (plus i fixed an autocorrect that made a little harder to understand). neither party in the us is seriously interested in making taxes any easier or simpler (some folks are, but it is not a major priority for either party). democrats do not do it because they are obsessed with means testing (largely because of how republicans razz them after anyone "undeserving" gets a single dollar). republicans do not do it because they want everyone to hate taxes all the time (while only meaningfully reducing taxes on the wealthy, note that those making less than 75k are due for tax increases starting with tax year 2021 under the tax law passed under trump). even reagan himself said "taxes should hurt", specifically meaning the act of filing taxes should be painful.
as long as you connnect every one of your wallet and exchanges to a crypto tax calculator app, the number of transactions would not matter as it is all fully automated. happy to clarify any questions
undercook chicken? also jail
your indoctrination is real. i bet you believe the government when they tell you your licenses expired too huh... your license getting moldy huh 🤔 it’s all money grabs no matter how you see it.
no audit so who knows. we could all be doing a flawed system for years and just never get audited.
basically... you normies won’t ever understand this shit
oh we do lose our shit, we do and it’s spectacular
because it’s really not that bad. tax services like turbo tax are legally required to offer their service for free. reddit loves to bitch.
i never even had my shit to begin with. stripped of that as soon as my baby feet touched the soil of the “land of the free”
some of us lost our shit a while ago. what makes it worse is that the vast majority will complain about these things but they do not feel the need to do anything about it. taxes are absolutely necessary, to an extent. the us crossed beyond that extent a long time ago and still, every year they update tax laws it just increases rates. these rates are outrageously unreasonable. they continue to do it because they know the majority will blindly comply, no matter how ridiculous. the people need to stop submitting until rates are lowered
yeah it’s a whole thing
isn't that just the definition of capitalism?
it’s easy to have an industry relying on some complexity if you lobby government to keep it that way: like getting the government to dig a hole, and the plebs to fill it in
it’s like that everywhere
crazy how that’s what capitalism is and everyone hates it but the second you point it out you’re a communist
^ this. few understand.
>do people even think before pot. kettle. black.
man, have you ever done taxes elsewhere but in america? there is no need to have a whole industry to calculate your taxes if the goverment had good systems put into place to figure out what to tax you. my tax declaration process in chile every year consists of clicking the continue button on the goverment website a couple times, and it is free. it's not that hard man, for regular working people it should not be that hard. you're the one who seems to me wearing the tin foil hat to me, unable to believe that anything other than what you know could be better.
works for many other countries that did not drink the kool aid...
ahh you have a point... freedom for those educated is part of the american system. there is a positive in our way of doing it but i feel like it produces greater inequality because big corporations are rigging the whole system...
>because i hold crypto, when. this goes as a separate filing for cgt. up to £12k a year tax free. oh? theres a separate tax free allowance for cgt as there is for income? thank fuck for that, there is no way in hell i'm making 12k profit from crypto.
>employees go through a system called paye (pay as you earn) companies report the wages directly to the gov and the system tells the employer how much tax we pay each month. it works basically the same way in the us for the vast majority of people. employers pay the employees income taxes directly from their paycheck.
you'd be surprised on uk tax allowances. no tax to pay on: first £1000 of savings interest first £2000 of dividends first £12500 of all earnings first £12500 of capital gains first £40000 paid into a pension each year. that's £68000 you can legally avoid tax on. and if you're married you can use your spouses capital gains allowance if they do not. there are no wealth taxes. the only property tax is council tax which for even the largest property would not be more than £3000 tops.
there is a standard deduction that, unless you have a special situation, is better than 'writing off' anything. its about 12k per individual, so unless you can figure out 12k of potential write offs (which are limited to some categories) or more, standard is the way to go.
that is very usual.
if you’re investing the money you didn’t pay in taxes you’ll come out ahead anyway.
you use some sort of exchange right? and you sign up with your personal and banking info? yeah, those exchanges are required to report to the irs. technically any amount.
my own net worth was destroyed by buying items i could use. for example, a car that does not function. i do not know if this applies.
dude. every. working. person. that includes normal people that did not finish algebra 1. speak for yourself. that literally makes it yet another additional tax on the poor.
ok, so i think you are saying what i was insinuating. you mean the republican party leadership and the agenda they use to get votes. agree, got it, thanks!
nice try ... what so my wallet coins gets stolen?or the coins anyway ... but hey then i can claim total loss 😂😂😂
the one true answer.
this is their way.
prison that is build to hold a prison inside another prison that holds prisoners from the first
of course it is a money grab, do you know how many jobs need a state license? the government is always thinking of ways to screw people out of money, you're not exactly uncovering a secret plot here.
that's what i said! you're so smart and special. tell me more about what's really going on.
not like how the french lose their shit
we fought a revolution for less. the sheep are too fat and comfortable to realize what is being done to them.
>every year they update tax laws it just increases rates. these rates are outrageously unreasonable. they continue to do it because they know the majority will blindly comply, no matter how ridiculous. the people need to stop submitting until rates are lowered this comment makes me think you have no idea how taxes work in the us.
that’s the exact opposite of capitalism. in capitalism businesses don’t lobby for anything because government doesn’t have the power to give them what they’re lobbying for.
at the end of the day i don’t hate it, it is fair... i just think the way it has evolved over time in the usa is shitty, the middle and lower classes are purposefully uneducated people who are taught, drive a nice car, and have a roof over their head. it’s one of those things where i’m always going to be torn because the resources are out there for individuals to teach themselves and rise above the bs but the fact that the system is the way it is still makes me big sad. money has its place. it’s one of those things though where i just have to digress because things will never be wonderful like they are in fairy tales, life fuckin sucks unless you put the work in to get out of the shit and that’s completely fair. also there’s always the thought that pops into my head to try to give myself perspective like hey motherfucker you have food and air conditioning stfu!! lol obviously things could be worse, but i still can’t help but dream of an even better way for things.
they don’t have a point actually, i personally have a complex tax situation in aus and the system is so friendly it barely takes me 15 minutes, let alone half an hour. and yes, i still get to do all my declarations myself. some people who are really leery of the whole thing or who have absolutely crazy tax situations will still get an accountant to do it for them.
[yes]( but then the amount you earn total for the year effects how much cgt we pay
oh really? on this side of the pond it seems like tax season is a huge deal for all you guys 😂 i really got the impression every april you all stressed out over getting taxes done properly
so you just automatically take ? is there a rational behind this or is it just a case of "we've always done it"?
you do not need algebra at all. it simple multiplication and addition. they teach that in elementary school. if that is too hard, they make calculators. the forms are free and walk you through it step by step.
ah yes. sorry. i'm sure most republican voters would love it if taxes were easier to file.
hahah i was referring to the public key and api! but hey if you ever decide you have too much crypto for you and need a tax deduction, let us know ;)
it's a public ledger. that's the whole point of this tech
but not the answer
like i said, voting in america is useless, the totalitarian government already has the stage set up for the next presidencies. the media is a propaganda machine, the cia blew up building 7 and the pentagon was hit with a missile not a plane... governments are corrupt i mean you do realize that the people are not in their best interest right?? the war in iraq was started off of fake bs to cover up the 9... the 3 buildings were rigged by an israeli group thisguised as art students on a field trip... the photos are fairly hard to find on the internet nowadays but it shows the same “students” within the internals of the walls of the world trade center with c4 devices.
well if that is that case... slap me and call me sally.
the rationale behind it is that it is easier than tracking individual write offs, i do not know how it got to 12k, i guess its supposed to be an average. i just know i do not get anywhere near that, so it works well for me.
yeah rite ... you just want me to connect my wallet so you can send all my coins to your address... biggest scam going... oh please add your seed phrase so we can verify your wallet lol no thanks id rather go to jail for not reporting swaps then let someone steal all my shit
it’s literally the answer though. i do my own taxes every year and it’s exactly the answer
you know people are really bad at keeping secrets right? if 9 11 was a big plot it would have been leaked by now. i agree about the media and the iraq war being started under false pretenses but both of those things are well excepted. are you even old enough to remember 9 11? you sound like some kid trying to be edgy.
*slap* and have 2 more, sally! *slap slap*
it also shifts up the minimum yearly earnings that get taxed. if you make under that, you're poor and there is no sense taxing you, as it hurts you a lot more and you'll probably be pulling in assistance money anyway
i literally seen 9. i can tell you right now they are trying to erase building 7 from existence because they know that’s the key to all of this... you can’t even search on youtube “bbc wtc 7 report” anymore because they fucked up the narrative and said that building 7 had just fallen on live television while building 7 was still standing. then a couple of hours later building 7 fell mysteriously. there’s literal case studies on just building 7 and it’s proven time after time again that something shady went down on 9... try to youtube what i quoted above... the algorithm will go haywire and send you any video but the bbc report of wtc 7... after you do that and see that censorship is real, go on duckduckgo and search the same thing to watch the bbc report it’s always never forget the twin towers... never is there an homage to building 7... most people don’t even know that 3 buildings fell that day.
which is also the way
dude your right wtc 7 story is a bit shady... but dude they are talking about taxes.
taxes and the government go hand and hand. politics ties in with literally everything. shady government is using your tax money to fund israel’s genocide of palestine you do know that right?? i’m all about the information.
now let us ignore that as with every other crypto fanbase, we're not immune to such behavior and let us all gather in a circle and start jerking each other off.
i notice lots of hate towards ada from eth people.
i do not feel the need to hate on other coins because i already hate myself for not buying more eth when i had the chance.
the eth sub has tons of hate
what a joke lol every other post on this sub is a bitch post about other coins.
really? i see a lot of useless posts in the eth subreddits that hate on btc and doge.
eth mandem hate bnb 😂😂
lol half the people on here cry about any coin that is not eth and hate on "tesla boy"
having been following this sub for a little while, its tied for first on buthurt with the bitcoin folks... i have small amount of btc, eth and doge, i have no favorite, but by my own observations the doge community has been overall the most positive and welcoming. *clenching my sphincter for the inevitable hate mail coming my way* down vote me into oblivion idgaf.
lol the shib subreddit exclusively consists of “so what kinda lambo are you buying with the ?”
this post should be on the joke board.
what bs. eth community hang shit on ada all the fucking time. don't kid yourselves.
bahahah wtf. eth bois are the absolute worst.
i been a internet navigator for a decade now, and this is the healthiest community i have experienced, seen and heard of. you hodlers amazing.
i just buy, hold, and thumbs up cool shit i like in the eth realm. but yeah, it’s good.
unlike ada who is only hating on eth
what’s doge building again?
ethereum for the win
what? lol. the most hate bitcoin and ada get, is from eth people. easily
nah eth twitter is steady on btc nuts.
i'd say we're the best at pretending we do not talk shit about other coins.
i do not know. when i ada was getting a lot of traction a couple months ago there were alot of eth fanbois all over twitter knocking it down every chance they got. i will say though that this particular sub is pretty good. also i believe that what hoskinson just said about vb and ethereum was the brightest moment between these two we've ever had. i'm actually excited that they were able to have a moment.
man, people in the eth reddit hate other coins. it's probably a 50. the other side just buy whatever and think everything is interesting.
this dude should see the safemoon community nothing but vibes over there.
the reason i stay into doge is b. honestly the ups and downs are tough...but soooooo many inspiring stories keep me in.
he does not know how much a lot of people from this sub hate ada, xrp and doge.
it’s healthy until you start obsessively hodling which feels unhealthy
this is the way! spread joy, not war
a maxi attitude of anything is often a sign of being quite reasonably challenged by a competitor. because if you know your thing is flat out better, or if you know it is not a zero sum game and feel there is room in the game for more than one player, then you're not threatened, and the maxi attitude does not appear.
lmao this may be the most amusing post i've seen on reddit all week! 🤣
this is so us❤
shame the coin will never be seen as more than a joke thanks to the power of elon musk :(
now we deserve some heathy pumps 😛
this is why i love eth and will never let him down !!!! amazing coin project and ethic💯
it’s because only we can be happy about future projects. they’re at least in the near future
this is what happens when there’s fundamentals, a thriving ecosystem, active development and utility behind your project.
we also spend a lot of time hating other coins but way more time thinking about the future
eth already achieved that other chains will take years to achieve no one can take place of eth... almost every coin listed is an erc20 standard
this is what i am loving about the tezos community right now, it reminds me of the eth days a few years ago. yield farms, nfts, dex's, lp's and airdrops everywhere. such fun seeing a community blossom without much of a worry about other coins because you know in the long term it is going to explode.
that's just the reality.
that’s because as more and more projects get built on the network, it gets stronger and more valuable. instead of tearing everyone down and fighting for supremacy, it rises with everyone else
i feel him. creative bubble.
i’ve seen some saltiness here for other coins but the people over at rvn can get real upset sometimes.🤣😂
this right here! we on it
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [ico]("last usage")initial coin offering [iota]("last usage")[coin] iota [sec]("last usage")(us) securities and exchange commission [xrp]("last usage")[coin] ripple ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(7 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 22 acronyms.) ^([thread for this sub, first seen 5th jun 2021, 16:30]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
except for the annoying stream of dogecoin hate posts we saw on this very sub for like a week straight
"eth people"? don't you think that is a bit cryptist, bro?
i'm just gonna leave one sentence here and replies to that are going to prove you wrong, ' ' **cardano is going to be awesome.**
everyone has doris' attention span about the influx of memes trashing ada and other eth competitors just last month...
eth community is the lego community.
c’mon, that guy created doge to make fun of btc as he hated it...now he plays the nice guy to attract attention. btw, he shills scams like ass coin. indeed, vitalik invested in doge and neither hates on other cryptos nor shills scam coins.
i kind of feel sorry for the btc maxis in a way. they spent so much energy combatting institutional fud before crypto really started proving itself that it seems like they have a permanent case of defensive oversensitivity even towards other people in the crypto space. and now eth’s only relatively recently become widely considered the 2nd truly dependable long-term safe bet and they’re so stuck in that mode that they can’t be happy for the growth of the space as a whole. i mean, i’d almost get it if eth’s main purpose was trying to challenge btc’s as a store of value, but it’s not lol btc’s still pretty safe in that respect, so they just end up coming off as a bunch of dicks to literally everyone who isn’t one of them.
i see you haven’t been on this reddit!
why hate on them when more than half of them run on the eth network
“our community is different and better” -every coin community
lol wut, ethheads are the worst at getting salty about the latest shitcoin
eth and bitcoin are still more reliable and tbh are equal to gold and silver as a asset i do believe though that many of these altcoins are not even going to survive in the future. doge coin is mostly a meme coin.
congrats. this exact post hates on other coins for being "toxic"
this is totally not true. eth people all they do is cry about bitcoin. something about a flippening and a lot of whining about why can’t eth decouple from btc. it’s a mental thisorder.
same is true about polkadot community. not only within but we also get excited about projects on etherium.
people here literally constantly hate on doge rofl
this is literally the most toxic crypto community there is 🤣y’all tripping!
i've started my journey in the crypto world with btc... after getting tired of the maximalism in the sub and community i found r. the difference is unbelievable! both focus on getting new people into this space but the key difference is that bitcoiners tend to immediately tell others that bitcoin is the only one (and the best, securest, more superior, etc.) while ethereum's community shows what is possible, who is doing something better than them and how to use the same technology to get better. imo this is the main reason bitcoin will fail. a close-minded community that strives for an **must have** open-mindset technology and industry!
yup. this is the way. real. blessed. everyone wins.
“bitcoin vs the world!” - bitcoin fanboys “eth for the world”- eth fam
so true, except i see alot 9f hate for doge on this sub 🤣
im friends with a bitcoin maximalist who refers to everything as a shit coin and has no idea about staking & dex. impossible to have a conversation with him.
i feel like this is directed at r
twitter financial analysis. never fails.
i hold ada this post is a damn lie. i get hate comments from eth holders every time i post anything ada or dot related
only outdo yourself and leave the rest to others! seeing the healthy exchange between rivals (butterin and hoskison) conducted in a respectful manner is a rare experience when you look at the crazy toddlers pulling tantrums and destroying the market.
such a big lie to me, this community is most of the time attacking elon, dogecoin and shcoing, if you do not see it it is because you are blind
i gotta admit, i spend a little, teeny, weeny amount of time hating on dogecoin.
meanwhile all the eth people 5 months ago they were raging and salty against doge and other altcoins 😂
he knows what’s up
ha, you obviously haven’t been to their reddit page
does healthy community = 📈🤑?
i like the coin
when he says "eth people" he is talking about the developers and smart comunicators and divulgators in the ethereum network, not your regular dumb fucks tribal redditor(that will start to doubt everything the second eth is at -10%). it is obviously that when something gets big even if the base is good it will atract dumb people.
agreed. eth community is cool.
🔥🔥🔥🔥 crypto needs to coexist. fudsters want infighting and we can’t give them that✊🏼.
says any crypto community
that's a bunch of bullshit lol, mere mention of bnb, safe moon, xrp, bitcoin, or any other coin not made in the eth block chain is enough to trigger users here.
well when you sit in a palace only you can afford, you forget about the world around you that can’t. let them eat cake.
well, i guess he could not have seen this thread when he made that tweet.
when you do not have insecurities about yourself, you do not feel the need to prove yourself. i do not feel i need to prove eth is superior to x. i just know it is and wasting my time winning argument is not gona change anything. so i sit back and refresh my wallet every 15 minutes with profound satisfaction.
did you guys read the open letter to lex friedman from gavin lucas? lex had vitalik on his podcast and according to gavin, there was a lot of inaccuracies. he seems to be spot on about vitaliks tactics, in my opinion. thoughts?
if only they would stop making so many ethereum subreddits. i keep filtering them but more keep popping up.
not entirely true but kinda true as well
i got chills from this
ethereum community gets props! team crypto plays will win this race! if you want to go fast, go alone! if you want to go far, go as a group!
i like how you suspected the ceyea invented bitcoin and tried real hard to clown them. legend
except for r, lol
as far as i know eth is a “platform” where you can do “stuff” and that’s all the sweet dd i need
yep thats what we do and we guna get rich doin it
the internet is not a healthy community.
seriously? this sub was pretty bad when etc was having a run.
oh yeah i never hear any eth people talk shit about btc.
imho, this is not just about . just like myself, lately i've been researching into security tokens and tokenized stocks before dabbling into it which later on i'll be excited about all the stuffs i'm doing and making particularly with big gains
easier to grow this way for sure.
always look on positive side
true. but honestly looking at the eth dapp list on the ethereum‘s website… it’s really hard to actually be interested in pretty much anything on it… which is honestly kinda ridiculous considering how much money they have. edit: why does my tag say i’m a redditor of 10 months? i’ve clearly been on reddit for like 3 years…?
i honestly notice this also is a growing sphere for cryptocurrency but all you in if your not in or aware of you all should be! be apart of something huge get in now and get the split token for iota2.0! not financial advice
eth is the past, bsc is the future, buy and hold gems on bsc like bnb, cake, barmy, bake,...
eth people shit talk bnb all the time though
this does not mean we're friends doge...
but this quote is a passive aggressive way of shitting on other people and their coins?
that's because everyone bought eth at the ath and we are all got broke and humble together now, slowly butt puckering everyday as we see the markets continuance. now let us think about how hodl dont mean hold, but could be short for hoddle, which is a walking stance that you get after your ass hole puckers so hard from watching the market crash🤣
from the shib himself. i knew there was a reason i liked ether, besides the fact that it will become the next big world currency.
i agree on this...alway good to see a cryptocurrency community talk good about other crytos.n not bash them...we all raise n fall together
this post is literally shitting on every other crypto collector.
shills invest in eth and crypto hard
tip: vpop new coin coming out - ico. (2) i got a way! great idea and amazing team together if we can pull this off wow!!! nft verify online, get physical coin with another random generated picture. similar to dice there will be a combat mechanism so this is a semi meta play too tokenomics: 18% team!! 70% holders!!!!. 7% r&d!!! 5%-angels become an angel investor pre-launch , ico “angel bank” -exclusive coin with nft number , physical item shipped to first 100 depositors , no minimum amount. you pay and or in this case offer what you think it should be worth , new company- amazing tokenomics!! for the people depot whatever btc address: 👇 16qah5jhgbngn1wtsrpx91cu4fqdq6vyh free nft giveaway live enjin io
i hate every one. just care about the dollar.
the fact that positive comments are being downvited in this thread shows the sad reality of tribalism and negativity. come on guys. we got a compliment as a community. let's take it celebrate and improve in the areas where we lack. because any more positivity than other crypto subreddits would ne good enough for us right now. there is already sooooo much more negativity out there.
this ones a joke, right? i thought every eth purchased came with a free increase in pretentiousness.
why would anybody be a fan of a stock or coin? it’s kind of weird. we see it all the time here though as much as we pretend not to.
it is easiest to jerk off to others, one should be an example to others like vitalik is an example of a leader who does not hate others
good that someone already calculated [d2f (di\*k to flow) ratio]( that will be very useful for us.
i'll agree to participate in this circlejerk as long as its decentralized
say no to tribalism
oooooh, that is the meaning of circlejerk
oh, this is not how i imagined participating in the eth community 😳
so... uh... who starts?
who’s got the blindfolds?
we support good and legit crypto projects, eth being a prime example!
is that an invitation?
good ole hand party’s i miss them...
do only good everyday!
ethtraders with the same mentality as eth block chain: watching little copies of your self get into arguments about whos better even tho they are both weaker advancements of yourself. "eth>all other tokens"
i have eth and also some ada. no hate from my side.
og eth people have no hate against ada. recent fanboys who have bright over tribal mentality do though.
my portfolio is 50% eth and i hold 20% ada. love em both. hope they both do well. plenty of room in the cryptoverse for both.
well charles was described as a sociopath in books written about the history of ethereum. he also wanted to make it a corporation not an open community. he's supposedly changed and matured, but history does not look at him favorably. atleast his pre-ada history.
i don’t hate ada but it seems like their space is very judgmental of eth. especially given the whole history with charles... maybe it’s just defensiveness
there's bad blood between the founder of ada and eth and the hate sorta goes both ways. personally, hoskinson sketches me out and that turns me off to ada as a whole.
me too. i support and own both, but it seems like there is alot of eth fans with a cult mentality.
i own both and like both as an investment.
haha exactly. what planet does this person live on? ethereum maxis shit on literally every single smart contract coin that isnt ethereum.
happy someone mentioned this
i don’t hate on ada but it’s annoying when people act like it’s even a competitor or eth when it’s years behind
yea i’ve noticed that too
well ada wants to be the ethereum killer...except they got no smart contracts yet lol
don’t forget doge. doge is a great gateway coin to get people into crypto
when a project brands itself as an eth-killer (not specifically referring to any coin), it is not a big surprise that eth hodlers thislike it! historically, eth-killers don’t have a good track record, some of them already fell into oblivion.
funny thing is btc and link communities hate ada more than eth people do 🤣
if btc is gold, eth is silver, and ada is copper. doge is usd. use one to build up to the next level
i dont like cardano and quite frankly also dont care about cardano.
you don’t need to hate yourself, at least you tried and invested. i wish i had started investing earlier instead of buying stupid things
doge literally is useless, though. if people want to buy then whatever, but it has no actual use case.
well tbh bnb hated in eth first. haha
> doge community has been overall the most positive and welcoming. it’s almost if actual dogs are on that sub, they’re super friendly but all dumb as hell.
doge people mostly do not understand shit and if you point out any legitimate concern about the investment they shill away and talk hella shit with no reasoning coming from their end only ,"to the moon", "doge future", "elon musk".
yup. so many tribal fucking dickwads in crypto.
\*cough\* eth jesus \*cough\*
nah. btc and link communities are the most toxic
a jenga tower of hope that’s going to crash down and make a lot of people mad their ’t make them millionaires.
true. bankless has podcast, sassano, evan van ness or whatever. just as cringe as btc maxis at times
people hate btc maximalists not btc.
and can easily convert over if they like :)
well, i guess he could not has't seen this thread at which hour he madeth yond tweet *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i like how thee suspect'd the ceyea did invent bitcoin and hath tried real hard to clown those folk. legend *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
vitalik 'invested' in doge before 90% of the people on the subreddit did, and still holds some to this day. he calls it "one of my best investments".
don’t lie, you would masturbate vitalik to orgasm if you could
vitalik is the ideal person to lead this kind of project. not greedy, really in for the tech, compassionate, love that guy
you made me want to rewatch silicon valley. for the 4th time...
wait ... if it was centered around one person in the circle jerk then it wouldn’t be decentralized. therefore a circle jerk couldn’t happen 🤯
too late big boy, grab a handful’a’dick and get jerkin yeeeeeeehaa
instead of hating, i also want to buy some ada
there is no reason to hate anyway. each project is trying to do their part.
yep i’ve got both as well. i don’t see the need to hate when you can just buy a little and join in
ada, dot and algo are good eth hedges. i want eth to succeed but we are not immune to black swans and the whole project could go tits up for a wide variety of reasons. i do think that one of the pos chains will become something that resembles a global settlement and decentralized application layer. my largest bet is still eth though.
yep. decent amount of eth, little bit of ada that i keep staked
he'll eventually make his shit a corp and you idiots are gonna make it possible.
came to say the same thing lol, i’ve only been in the eth reddit space for a short time but i’ve noticed a bit of ada hate as if people are somehow making the wrong choice by being into ada, when in reality we’re in a very advantageous spot being into cryptos regardless of which one you prefer. seems tacky to spread shit 💁🏼‍♂️
i would care less about what the community is like and more about if their technology is good.
it's not years behind... ethereum is going to have a difficult time going to pos. cardano will not with smart contracts. it's just that ethereum has so many projects under it because it had smart contracts first. cardano will be complete way before ethereum sadly
i wish i started mining crypto earlier, would have made my buying stupid computer things more justified
seconded. everyone with any understanding of what it is and how it operates hates bnb. it's trash as fuck.
doge is a conspiracy to replace the sec with all dogs
damn. no coins for prize for you!
oh your not wrong. the point im getting at though is that personally i see less negativity from that community as a whole is all
is it a contest? it seems like it is a contest.
yup that aren’t far off.
maybe. but there are always people pushing their crypto of choice and it never fails with some hate coming out towards btc, eth or anything opposing it. if everyone just bought everything the crypto space would be less toxic.
doge- eth-ada- 3way block bridge = people-function-infrastructure ... let’s go cause teams make dreams
unless, you have a circle of people in the center and then bigger and bigger rings of people expanding from that. all jerking off 4 guys (2 would stand in your back, 2 in from on you, middle out.
more of a dutch rudder situation really.
imho, ada people want to compare themselves to eth and eth people want to thistance themselves for ada. there are reasons for this, pointing them out doesn’t really come from a hateful place.
pos is live for eth already, it works, next up is the merge.
> cardano will be complete way before ethereum sadly why sadly? i own like , but its absurd to have the notion to think its bad for either one. visa and mastercard rule our lives and show there is plenty of space for co-existence.
or instead it is just a line of guys jerking because the circle is so big that its just a line until it is completed on the other end
the person reading this
ada people want to thistance themselves too, but the media does what the media does and every time charles hoskinsons gets an interview he is called "ethereum co-founder" in the headline.
fair point, i don’t mean to defend ada by any means hehe
not live until it gets to mainnet my guy. not gonna be an easy merge.
because we are in an eth thread. you see the amount of thislikes i got for telling a truth that is against eth? maxis are not happy.
you all took too long, im already lighting a cigarette
almost like he uses that as a selling point...
how do you know, you an expert on eth development? the beacon chain is live.
only took about 30 seconds. new record?
he does not though lol, he is put out a video addressing that. he says he literally spent 6 months at ethereum and while he respects what vitalik is doing, it is a closed chapter in his life so he wants interviewers to stop asking him about it.
just go and take a listen on the latest podcast of lex fridman with vitalik himself. he said it nounerus times...
then why is it on his linked in, etc.?
that’s what he says, yet somehow he’s always the first person to call ethereum a dumpster fire too ;)
i am thinking you weren't paying attention during the podcast, as he mentions the merge will be early next year at the latest. hoskinson is a mathematician, not a very good computer scientist. vitalik lives and breathes cryptography and doesnt care about the politics aside from a psychological legitimacy level.
not in a position to do so at the moment but i will do as soon as i can.
did you really just ask why he is listing his work history on a website where you list your work history?
in his bio? edit: he has long used the label co-founder of ethereum to shill ada. if you cannot admit that this is not a conversation.
on dec30, i bought 5 eth for 740 a piece. i was laughed at.
i'm always 100% wrong with my predictions, so i'm going to use my powers and predict it will crash to . now let us go and keep that 100% flawless record.
mark my word and hold me to it. if ethereum hits 10k by end of this year. i will get a tramp stamp of the ethereum logo.
i bought 15 units at ,660 four months ago !!
there might be little dips along the way, but this was long overdue and we’ll get there!
maybe more. elon just said tesla would only be accepting crypto that used only 1% or less power than bitcoin. that is eth
it will reach a value, which shall be expressed with numbers.
i was paid today and eth dipped! my lucky day
unfortunately too many people think it is going higher… i’m starting to become a bear. this market has been going up in a straight line without any significant pullbacks which is not healthy. bitcoin looks like it’s about to collapse, and if it does it will take the entire market with it. i’m still holding about 20% of my original stack. just be cautious.
not happening. there's either going to be a massive correction or a downright crash before then. no bull run lasts forever, definitely not one this steep.
how does everyone make the cool digital art? i see it more on ethereum than anything else.
that would mean a market cap of .25 trillion. is that realistic? currently, btc is at about 1.01 tn.
i believe that 10k is within the realm of possibility at some point in the future. 2021? that'd be cool but i'm not counting on it.
tesla stopped accepting bitcoin today. someone tell elon musk that ethereum will be proof of stake next year so that he can drop his billions on ethereum
i put my money on it.
i’m sure someone somewhere does.
yes, provided elon stops tweeting and focuses on making cars!
i love the optimism, but i think this sub has lost all touch with reality... i expected at least a minor correction by now. if eth goes to 10k, it will do so with a massive correction now. there's no way a near vertical chart is sustainable.
who is buying at these price points? i think i have a price anchor of under , anything more seems expensive. my guess is a run to
it might seem hard to believe right now with this tiny dip but it will happen! behold.
when bitcoin first reached 4k it took it 3-4 months to reach 10k. so the question is, will eth follow the same trajectory or crush it?
10k in july. 20-25k in september. this is my bet
probably in a couple of months ... i am not a holder, wish i could afford to be one do ... europoor here! best of luck to all of you!
it might go up to ,000 and it might see a plateau at ,000
who else is sick of people posting this question?!
i would be 0.03% of a millionaire
i’m thinking we’ll see a steady ~4500 here in a month or two, almost got there but we need more time. once that happens i think 5k will soon follow. 10k by the end of the year? hmmm!!!! clouded the dark side is. just make sure you guys have an exit strategy for any dollar amount bought in at
it'll be something number-y
at least, 10k at the end of 2021 will definitely happen.
after elon’s tweet, eth is the way forward!
that’s a low ball should be about 20k 5x from now
i got 50 at . hodl
it’ll reach 10k by the end of july
elon will move to ethereum after 2.0. he literally fucked all bitcoiners maxis in one go. its fun to see their fucked faces.
their is a big possibility it will go higher 🚀
if doge can hit a 85b market cap , anything is possible
not by the end. definitely around 7-8k tho.
why is algorand founder saying even eth has it’s drawback and algorand has fixed those especially the trilemma?
don't you all start selling at 10000.
5 eth at 3700 . i’m thinking it will climb again , anyone else holding and thinking it could hit 5k?
elon took care of that dream for now!
yes! i believe in the ether
at this rate it’s flipping bitcoin
stfu about these prices man. just like dogecoin fanboys.
it will be done
why are the gas fees so ridiculous? i sent .
, i would say at least .
i see the 🐳 pumped ethereum!!! he sold doge and tanked it from .74 to .40 snl night.
not in this market.
nah, inflation will crash it all
vitalik is a punk for dumping.
who else hates shit posts like this
here we go. doge and eth ready to jump up. hope you bought and always hold. everytime it drops i buy a little more.
shit i would say 1,000,000
i want it to go back to
my crystal ball agrees with you.
i can’t wait as that’s when i’m planning to buy
easily! honestly you’ll see that before the end of summer.
i believe it can ‼ 🤞
i see 15k personally.
i expect to see it hit 8k but then dip down when they move to 2.0, long run mayb next year sometime it will probably hit 10
i believe it will. i hope it hits ,000 by the end of the year📈.
i believe. i’m gonna be rich.
why so bearish ?
10k by july 14
not me. i believe it will hit it by end of summer.
what’s with all these 10k bears running this sub?!?!?
i need it to.
i think well hit 10k by the end of the summer at this rate. fomo for eip1559 and the merge of 2.0 seem to be driving much of the hype. well probably even see the flippening this year.
this would be great. i invested a couple thousand us a couple months ago as a long term investment. bought about 500 in bitcoin. i looked at eth as the more sound investment with more potential. in 15 years it would be amazing if eth was being used as a stable currency to prop up my portfolio.
my entry is my stop which is very very low and my time horizon is years. can’t tell you what happens from now until then, but i’ll be in.
listen be real! it’s going to !
i have buys set at ~
it is completely possible although depends on how the economy moves forward.
selling some at 8k
10k is weak sauce
my idea is to hodl and stake. so, eth interest earned will match my student loan interests.
it'll hit 6k before september mark my words
yes it will and if it doesn’t, i’ll still be holding 🙌
and have more market cap than
,000 yes ,000 pushing it a bit 😬
more like by july-august
i believe with the rate it’s climbing compounded to the end of the year we could see 20,000. look at what we were at last year same day. 281.00 last year same day
year? i think it’ll hit it by thanksgiving.
it will be 20k+ by the end of 2021.
i'm not convinced i'm not saying it is impossible - this is crypto, anything can happen... but i think that it would be optimistic for this market cycle
we are in a danger zone right now if we compare btc to eth. currently btc is 13x eth and the last time it got this close was when everything collapsed in 2018. if it surges past that while btc drops then 10k is more than reasonable as we will be in new territory
guys let’s be real. 10k-14k is realistic and doable let’s not start through 400k bitcoin-like predictions
shit does not go up forever.
absolutely. no telling where it would be right now if it weren’t for the gas fees.
negative i just sold mine
-50k end of 2022 hard to say where will be along that journey by end of 2021
gas price to high won’t last
20 000 by the end of year.
tesla rejects bitcoin referring to high energy-cost for mining. etherum 10k is mos def on soon.
hope so. sold half my stock portfolio a week ago. holding the money for another dip then will buy all the eth i can get my hands on. then it’s hodl to
yeah i believe so
price prediction in 1 year from now for ethereum?
not me, but that would be fantastic.
is this image available in clear 1440p?
after fueling up my delorean i figured out that the end of year eth will be ,548.83...
this whole thread is pointless. unchartered territory literally everyone is guessing. have a search and you'll see etheriums current value forcasted two years down the line by people who claimed to know what they were talking about rewind a few years and people were laughing about the idea that bitcoin could possibly be worth what it is now. impossible they said everyone's an expert except no one has a god damn clue :) now hodl eh???
i dunno on wht basis you guys are saying that! jst by trading vol.? i could be wrong bt i think this is jst a bubble waiting to blast!!
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [ico]("last usage")initial coin offering [ltc]("last usage")[coin] litecoin ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(5 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 22 acronyms.) ^([thread for this sub, first seen 12th may 2021, 23:43]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
have had good predictions all year. no reason behind them just good hunches. yoloed half my doge gains into eth. just bought one more on sale
if it crash to 1000
so is the sudden drop all because of tesla not taking bitcoin? why have all the cryptos plunged down?
i do. although it will note that’s despite my beliefs i have lost about ! what a ride. love it.
i think it will reach more than .000
a lot of people would have probably said no a few weeks ago before, but since it blasted off to 4k most people would now say yes, like me :)
i firmly believe this because ethereum destroys used coins making it more valuable because there is less coins every time someone used it
i could see this as a possibility
agreed. that reminds me better invest a little more although some of these fees are getting crazy
it just reached 2000
i'd put the over. , but i personally do not expect that until the next market cycle.
i do not necessarily believe it will. crypto prices are volatile, after all and we should expect the price to go up and down. do i believe it can? yeah, sure. it is not imposaible.
we will be there soon!
especially with this tesla- pos coins win in the long term crypto game.
hate seeing posts like this makes it not happen
bro try this summer lol
i don’t. i believe it will reach at least ,000.
-q filing with sec. ewellness has a new director, doug cole. he is also on the board for abml, and that stock had had some major progress. , a new direction and new administration. new future!$!$!$!$!$!$
it may, but first i need to get some at 3k
wouldn’t be surprised considering the amount of nft projects coming out every day...
keep your time horizone for investment and spare money that you can risk. 5 year target i started buying from aug 2018
it’s moving fast so obviously it will
everyone in this forum!!!
the way it is currently going we are gonna hit 10k before summer.
zero fucks given what it does (pretty sure not ); got my -20% stop-limit (adjust on a regular basis to be more of a trailing-stop); will cash-out on a crash and take profits, maybe repurchase later at a lower cost point. it's money -- it is not your friend or first borne; do not treat it as such.
no that is crazy
thank you joe b!!!
i do think eth will overtake btc in the next year for market cap, and then unit price.
sold all my eth to btc now. hoping for a bounce back for btc to move back again to eth 😅
if you are asking for opinions, then i do not think so, at least this cycle.
in 10 year’s for sure
i want to believe!
i also believe eth could reach that alongside the pumping of ebox. ethbox will be listed on pancakeswap anytime soon
i personally think eth will reach 6 figures within 4 years so i made a concentrated bet on it. sources: - experience with defi and the entire ecosystem (other chains included) - -
20k by 2022 q1
10k is a bit up there. i'm a aiming for 7
transferred my ada over to eth. i'm all in over here 🚀
picked up some eth on the dip. let's go vroom!
maybe if eth2 kills a lot of supply , there are too many eth in circulation
if elon musk keeps fucking it up? never. as long as that man keeps talking we are fucked lmao my best guess, if elon musk keeps doing his shit, is like 7k?
eth will most certainly hit . no doubt about it. i bought a few at . with eth 2.0 rolling out and matic helping out, theres not a single doubt in my mind. it’s just a matter of when.
i wholeheartedly believe that ethereum will overtake bitcoin in value.
idk, but yesterday i bought 1.01 eth 4300 so obviously my bet is in favor of that happening
i wish but honestly biden tax plans will end all crypto by 2024 because they will paint it as a national security threat and we’ll be taxed 50% so bye bye crypto... trust me washington hates crypto... it’s destabilizing currencies so i guarantee you they will tie this in with a national security bs threat and bye bye crypto. i’m telling you eth prob will hit 10gs no problem but then watch out. for context i’m currently staking eth and have a bunch so i hope it’s true but i have to be a realist and my friends in washington are telling me get out now so they know something we don’t... just sayin!
i want to believe it
when it dipped to … are we almost there yet?
what does it mean when ethereum spikes up really high quickly then drops back down? sorry i’m new to the whole ethereum form. just bought two shares on the dip.
we should hit 10k by december
i my ave price per share is . pls come back to pick me up 😭
anyone thinking about gas prices if eth hits 10k ?
i sure hope so. i lost 10k today and am hating life.
i’m seeing a floor around 2k right now. the scare from fed regulations and such are keeping prices low. eagerly checking my paypal barron’s and other data sources, i’m looking to buy in heavy.
here here. i believe the crypto invested are tired of our profits being controlled by a few large countries and their laws. im excited for proof of stake to dominate the crypto world!!
i wish. but if it is at 4500 i'll be happy.
,000 is inevitable. the dawn has risen. the time a-nigh. the gains… glorious.
i'll give it a 30% chance of hitting
eth classic eth classic will hit . huge whales are buying right now 🚀🚀🚀
hi doge family. i'm new in cryptocurrencies i'm learning about how to invest, i want to learn more and invest, but unfortunately i do not have money to invest. if someone would donate me some dogecoins i would be thankful forever. please help me. god bless d7t9l5q8g3jc2exgjqg65b2sugfb6jjnwi
idk abt eth but amc will to the moon 🌙 the next gamestop mf
it will it’s programmed 💎
no doubt in my mind!!
i believe with vix going up...the market will only go down. follow it with cut off of unemployment figures, the major debt we still owe, and a possible reset of the pandemic.
hey guys check out this memecoin gem that is about to release tho. apeing for the sake of it
no. its a shit coin. anything with transaction fees over 10cent is a shit coin.
sounds good ! if reach , ltc may reach ?? win-win ?
i think it will crash till 2k range in the next months then back up again! probably will reach 10k, beginning of q4. if you’re reading most of it’s future plans, system developments, etc. easy to break in at 20k in the next few years but of course to get in there expect some crashes depending on market behavior and volatility.
"they called me a madman"
those that laugh live paycheck to paycheck wondering why they are still poor.
lol i bought more eth during 2020 summer. i told my friend to buy at 300, 400, 700 etc. he finally bought at like 1300. still a great return!
well i bought 10 for 200€ and immediately changed for a coin i believe in.,. what a wrong move it was
fantastic job, whose laughing now.
i bought 2 eth at 2600 then sold all my doge at .55 and took all my winnings and bought 5 more eth at 3600 ithink it will go to 20,000
i wish i did that
i decided to buy ethereum instead of a motorcycle this summer... not only did i lose more than half my investment but i also don’t have a motorcycle now 🤷🏻‍♂️ still would of lost it slower than any casino, so there’s that 😂
you should have said “i know it’s going to stay under !”
after it first passed , i sold. that is why it went back up if you were wondering.
if it crashes i’ll be there to buy it, they don’t call me captain save-ethy for nothing.
i had to sell 8 after this massive run just felt like the responsible thing to do, but holding the rest no matter what.
you’re the hero we need.
...and i will use my powers too and sell so it starts pumping hard. you are welcome!
how wrong are your predictions usually? because i do not want to see it crash to "told ya my prediction of it crashing to 1k would be wrong".
that’d be a win too though. load and rip again lol
not the hero we deserve, but the hero we needed. thanks sir, your sacrifice will never be forgotten
doing a god's work
either way i'll be happy!
i like a pessimist :)
thank you for your service. if i had done the opposite of what i did i would be so rich. still i made a really fun amount of money (in theory) and am hodling for more. if it could hit 10k i would consider cashing out some and making chages to my lifestyle. then again derebit has a 50k strike on eth for 2022.
i actually am what is causing this current dip, i pulled all my money from everything else while it was on its way up and as soon as i bought, it started dipping 23 seconds later. as per usual with everything.
do you see what you've done?!
kind of hoping for a crash myself, just so i can buy a lot! i do not forsee any future where ethereum does not power the majority of the web within the next 20 years
oh great. now it is going to crash to . if that happens, i'll blame you. on a side note, i hope it takes the rest of the year to get to . for some reason, i feel like this number represents the end of this bull run. i hope not!
i hope you're right. i need to setup a validator
nice, george costanza system.
ready to buy more in case you're right this time.
well i sure hope that would happen, great opportunity to buy more.
it will crash to 500 instead
wishful thinking. if only. maybe after it touched 10k and only if that is as high as it goes this year but not under 1k. if it goes much higher than 10k then it will never get anywhere near 1k - ever. you have qe all over fiat globally - the rat race to the bottom. that's required to keep the standard of living of many to acceptable standards. as people take to crypto to preserve the value of their hard earned, it will just keep going up. there have been logarithmic regression analysis done on it as a whole by some guy here. he's been spot on when it comes to the whole "accumulation phase of a lifetime". edit: look in to it yourself. notice that the lowest of lows on the next cycle is still relatively higher than the previous ath. held true every cycle since 2009.
if it crashes to
!remindme 231 days " you were right"
we are close now
in from future, yes it crashed
can you also please predict an untimely, heavily delayed, buggy eth 2.0 release?
i'll join you in that. !remindme 8 months
mind you, this is a guy.
looks like you might be safe….300% from here 😃
looks like you're off the hook
well i’m sad for multiple reasons, but wanna make the same statement for 2022?
i bought 3 1400, congrats!
he's buying units. living in 2121.
i bought 10 of them on aug 07, 2019 for .01 each. spent just over .08 cents and am still holding those too…
i bought 100 in 2016 at . i don’t remember the exact price but it was cheap. and i “only” have ten now. i turned many of them into shitcoins during the big ico rush. i learned a big lesson in 2017 and that lesson was not to be greedy, and that when it feels too good to be true, it usually is. i’ve been feeling that a lot lately in both the regular market and crypto space. i also learned the power of holding through bad times though. i’m doing just fine now, even if i wish i had more eth.
i bought for less than that.
damn mr big fuckin moneybags over here can throw around big fuckin money bags whenever he wants
i’m expecting . it could take months.
i nothing else that will at least facilitate an increase in swaps to whatever coins telsa does support.
with great wisdom comes great responsibility.
i’m perd hapley, and this, is what will happen.
that would be a merry christmas
this is what my thoughts are.
that’s a very health true value of eth thanks to the defi movement.
i also was happy to see all the dips, i re-added my dca amount to take advantage.
i agree until you said bitcoin looks like it is going to collapse. bitcoin is in a healthy consolidation range. if anything it is coiling up ready to steal the show again. i'm not flipping bearish until btc closes a candle beneath the 20 week moving average, the indicator which historically has always been the bull market support and start of a bear when it drops below. personally i think eth goes sideways for a few months now (or at least until eip-1559) before hitting .
i am really torn. im late to the game for various reasons and i honestly just want to go to cash and buy the correction.
i'm concerned by the rise of so many random shitcoins with high popularity, i mean there is always been a lot of them, but recently there is that icp that randomly showed up in the top 10 by market cap all of a sudden, and there is that shib taking advantage of doge's popularity. the whole crypto space is due for a reckoning and it will bring everything down with it at some point, just like in early 2018. we may still have many months of growth, and there is no knowing if it will necessarily crash to something lower than where it is at today.
my eth is staked, deflationary future it can’t go tits up
and you called it lol
it’s all going higher. we’ll see a 30-45% pull back but it will continue to climb
this!! stop existing in a vacuum guys. the whole fucking financial market is primed to explode. what happens when gme hits the moass? the moneys gotta come from somewhere... dont take one signal take all signals. synthesize all signals. guh.
id be more optimistic and say eth may move sideways for a bit but not crash. i doubt investors, especially crypto investors, would dump their coin when a large portion of investors will hodl long term. do you think ? i dont, but i definitely agree for a correction.
someone did a neat write up on market cycles within crypto and it being tied to bitcoin halving. [ interesting to say the least. the market cycles are apparently getting slightly longer. they predicted this one to end in october of 2021. i've read articles of institutions predicting october as well. i figure dec at the latest. to play it safe anywhere in q3 or q4. we could hit 10k imo, however we know that wont last and the price will likely crash to 70% of its highest value when the bears take over again.
blender is a good free tool to start
he'll learn about it in 2 years
what’s your 3 month guess ?
i appreciate you’re confidence, but watch this comment r
im buying, but my timeframe is the next few decades, not the next year. so the price doesnt matter to me. ive got conviction that ethereum is going to be a core piece of global infrastructure in the future and i need eth specifically so im positioned well to participate in that market. just let the dca buys keep firing. there will come a day where everyone in the world needs to keep at least some eth in order to meaningfully participate in the global economy.
thing is you do not need to buy a whole unit (like a stock), you can and people do buy by the dollar for whatever fraction of a coin they want. when you do not have that "control" over shares, the price rarely matters.
well, if you think it’s going to , then you also think it will get to , right?
at 10k it will have a market cap of ~1 trillion which is bitcoins current market cap. there’s probably a reasonably barrier there both psychologically and in terms of global economy idk tho i mostly buy garlicoin
lol no way. i'd be willing to bet we get a huge pullback and consolidation after 5k. then a grind towards 10k by eoy
this what i'm feeling also
in order to do that eth has to surpass btc market cap, so it\`s nearly imposible.
as it is in heaven on earth
you can try converting the eth to xrp or xlm, send it, then reconvert. if necessary, you will need to convert to a stable coin line bnbd in the process.
biden ftw! said no one.
ew. no. go away.
dude. btc is done for, i expect sub 40k coming weeks
what’s your opinion of what’s happened in the last 24 hours? i bought it at 2900. i believe it’s around 2600 right now. it was over 4k a week ago. just looking for peoples opinions on the drops.
anyone bethinking about gas prices if 't be true eth hits 10k ? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
but people could hedge inflation with crypto.
look who's laughing now.
i heard they called him a gimp whore
funnily enough the same things were said at the end of 2017. we had been laughed at, until it was mainstream news and then the same people who never believed in crypto were asking how to get in - it became the bandwagon. then we had a big correction, most of those new folks got scared off, some stayed, and here we are again.
ohhh man, my heart breaks for you. what a gut punch. 😩😖
at least you’re in the green eh, plenty of time for further growth!
ah well, we have opportunities everyday so all the best buddy
true! i'm guessing it all depends on financial stability.
also please pray for gas prices
i probably will not acquire the infinity gauntlet this year.
right? now, it will crash to !
the real heroes are the ones who wash their car right before the rains.
current best guesses are way beyond -60k (minimum). one investor even claimed -150k is possible which i can see potential for given their arguments. the supply will be cut short for miners at a rate equivalent to 3 halvings. pos also doesn’t require huge amounts of electricity so the need to sell mining rewards to pay bills is reduced. you’ve also got deflation%... so not only less supply from mining but less overall supply in circulation. then you’ve got people staking which involves locking ethereum up for a period of time. this might remove another 20% or more of existing liquid supplies. demand may go up as the result of the narrative around this + increased incentivisations to hodl (defi). supply is really going to get squeezed. demand may go up a lot of an ethereum etf makes its debut. given pos is greener this could result in that etf being included in baskets around esg funds (environmental, social, governance). once you get down to it there’s also more access than last time around and more coming... ethereum has potential to take the spot within the next few yrs... if you can hold on that long there should be some juicy rewards. if you invest what you cannot afford to lose you won’t be able to hold on long enough to see life changing results. 12-18 months should see some interesting results. the way eth has been priced up to now has largely followed bitcoin. bitcoins price is based on the stock to flow model (supply vs new incoming supply) like gold. however ethereum hasn’t had. a fixed supply before. so either the model is wrong or the price is wrong. either way a new price is about to be thiscovered and once fees drop and l2 solutions link up properly with eth i can see a good argument that eth will perform better than bitcoin and may surpass it. ~... so perhaps a little far fetched. it could happen though?!
*chuckles at their wit*
thank you captain save-ethy 🙏
there you have your dip
i think i bought your 8
jeeeze, hope you kept a bunch, gonna be a wild ride
i only have three :( ... holding until at least a few years.
lol i’m with you guys !remindme 8 months
i think you misspelled legend
in 5 years time, both of you guys will be sweating to delete those comments in order to not become targets for hackers hunting down wealthy redditors. congratulations, i guess!
he's buying units of ether cause he is an absolute unit
i call it what i want. what do you call it?
this should be the name for uniswap tokens.
moon unit. also the name of frank zappa’s daughter. cool.
jealous party of one!! haha, i’ve worked hard for my money and now i’m a 43 year old semiretired, who’s playing with around 60k or so in crypto.
so many downvotes for such a valid comment. it makes me very concerned...
how does it feel to be right?
remind me! 1 month i agree this isn’t happening. i’ll see you in a month! may the best man win!
that is 1000% not happening
it has—even whilst i type—been the case.
if i told you, you would not believe me. let’s just say, i have seen things and there is information of which i am aware.
i both hope an 🙏 that eth reaches 🎄
it’s totally possible that it’s ready to go another leg higher. i just remember this same feeling at the start of 2018 and i ignored it when i shouldn’t have. i want it to go higher, i’m not completely out of the market. i’m just suggesting people should pay attention right now and evaluate if it’s worth the risk to keep holding without taking any profits.
consolidating 2500-4k would be good nuff of the parabolic bs thanks musk
i think this is a more likely scenario. this isn’t 2017 and btc went right back over 50k. i sold my btc august of last year for 9k because it had been consolidating for so long i thought it was over. definitely something i ended up regretting. eths trajectory is based on adoption and solid updates. we could go sideways till eip for all i care. i want to get rich sure, but i also want something stable that is going to continue to develop and evolve that isn’t going to thisappear after a week. 10k eoy after today seems pretty likely. i’m in no rush.
but not down right?
i’ve considered that, but remember that each cash conversion is a taxable event. i don’t see myself making a whole lot off of a complicated move like that, after taxes, even assuming i time it perfectly (which i wouldn’t)
on average, the good coins go up. therefore, logically, you will lose money playing the sell high & buy low game. it will dip, but it might rise to & "crash" to . dca is boring, but on average it works
this guy brought the potential sell off to my attention. he makes a lot of solid points that can’t really be argued with.
trash token season is going to be epic this cycle.
staked 5 of mine today. mini savings account lol
i agree, there is a lot more institutional money invested now compared to years ago and the project is much further along. not too mention they keep printing money like there is no tomorrow 🤷‍♂️
lmao imagine still thinking gme is going to do anything
the problem is all of the meme coins that are pumping with absolutely zero fundamentals. they will eventually tank and likely drag the entire crypto market with it. there are a lot of people who will get burned, leaving them with a bad impression of crypto.
how old are you? how long have you been doing this? i’m on 10 years of tracking coins. it’s always the same. every 3-4 years it goes boom, busts, cruises, then repeat. 2011, 2014, 2017, and now.
depends on the aftermath of covid. trillions upon trillions were spent by governments around the world in order to keep society from collapsing. that bill will come due sooner or later, and crypto investments will be the first to get liquidated to pay for the fallout.
i'm in no position to make any guesses, nor give any financial advice. the comment above is just based on a gut feeling combined with experience from previous bull runs.
could be. i'm no expert so it is just a gut feeling. the next few weeks will be interesting. :)
it will go to 50 before it goes to 10. i did my dd.
this is what i’m thinking. i see -.
first to market does not always remain the largest or most prominent forever. not to mention eth does plenty that btc does not.
not necessarily. that’s assume there’s no more movement on btc. btc could surge up after it’s been consolidating around the .
i think there is a chance eth will flipp btc mcap this run for some days.
how conversion costs actually work? why eth > xlm is cheap is because you use xlm fees? but why xlm > eth wouldn't use gas fees (which is expensive)?
i need a big dip :)
limited supply bro. i guess no matter what, it will appreciate in value over the coming years. nonetheless, eth seems promising now, am waiting for the dip to buy in again
i think this was done purposely to shake out weak hands and everyone is playing right into it just like they want. i lost .16 btc in 24hrs. i think we’ll see a slow steady incline back up but i’m not buying these lows until i’m more confident that the bottom is in.
wtf is this ?
thanks for the laugh, bro.
c'est la vie. i still made money and did not lose all of it. i rebought recently. i'm on the long hodl position. i'll still buy at ath and wait it out. my retirement ira sets me being a multi millionaire when i retire, time is on my side. i also make 6 figures a year. there's a few alt coins i need to investigate that long-term could be more lucrative. right now crypto is a casino. flashy lights, people winning, people losing. in the end we all die.
please pray for virginia gases we are in a gas crisis right now lol.
thought i'd get some eth to use as future gas money, turns out my gas money needs gas money to get to me.
i promise, there will be gas prices
i have an unlimited car wash plan. that is one of my favorite things to do bc it’s never busy. wash it and then go home.
then call me superman
~~45x~~ 36x the current market cap, not including the fact that there will be more eth mined. but going ~~45x~~ 36x is much more than ~~45~~ 36 times harder, because it takes a lot more money to move the market as the price increases, and because you face more sell pressure from early speculators. ~~45x~~ 36x would be a pretty insane estimate for any reasonable timeframe, imo: it would require eth to be worth about half as much as the entire s&p 500
, thats like people thinking doge will ever be more than a few bucks (which is already way beyond anything its worth) eth can realistically hit , even . but hey if eth has a ludicrous , i would not complain here is the honest truth though, the day that eth is worth more than btc is the day that btc dies
i have five eth at 3700 . i’m gonna hold them i think they can hit 5k before years out .
really all of those scaling and gas fees issues would have to be solved for it to reach such a massive number. not impossible but 2021 is probably too soon
what do you think about ankr crypto? it’s 0.15 now
if it matched the trillion dollar market cap of btc, eth would only be around 20k i thought.
posts like these always come at a turning point down i can imagine a crazy scenario where defi collapses and people are locked out from selling cant u? causing catalysm
i love hopium!! here's a fun one:
eth gonna break many records ath. heard this 100x.
and a matter of fact i actually bought it! 😅
congrats on the good investment. im a massive believer just needed an emergency fund
like 35ish and a btc. some ltc small amount too. feel secure enough to hold no matter what now. i lost everything over the years and it finally worked out with crypto
hold no matter what bud ! im not some genius i just had a hunch eth was starting to outpace btc and switched around 2500
if i become millionaire, i will create new acc
what if they have hardware wallets?
i staked 0.5. 🤞
eth. you bought 15 eth. you can call it what you want. i just thought it was funny.
moon marks... i call mine moon marks...
nice! good for you and congrats
people don’t want to hear about it. i get it. i’m just trying to let the newbs know that things don’t always go up for ever.
ever again? is this your first time?
i mean, these markets aren’t rational. not with this level of volatility, not in this general economic climate. looking backwards at support levels right now is akin to reading tea leaves. and that “ever again” part… oh, sweet summer child.
i love when price predictions are proved wrong in the same day!
try 6 days lmao
i hope i’m wrong. i hodl no matter what.
you were saying? 😂 we hit 1900s.
it 1000% happened 7 days later. told ya.
well then, i’ll mark your words.
i agree and eth and shitcoins are feeling january 2018-like but bitcoin absolutely is not and usually it is bitcoin which leads the market.
musk just nuked pow crypto
well naturally down is part of sideways movement since if we do go sideways then we're at the top of the next trading range right now and we have to find a bottom of the trading range. a 30-40% pullback wouldn't surprise me as that would be very healthy. it will recover though. also, the trading range. eth may shoot up to . who knows.
i’m not going to sell it off but i think i need to reduce my exposure a bit if its making me nervous.
couldn’t you just convert to a stablecoin like usdc? you wouldn’t pay the taxes because you’re not converting to cash but still have the benefit of getting your value out in today’s dollars and then converting back to eth after the dip. right?
if anything the dollar is just decreasing
it is still doing things...
its kind of a pain in the ass that elon is the one orchestrating this but at the same time any exposure is a good thing. hopefully amateur investors will learn from their mistakes and continue in the market. until people start doing their own research and stop following hype, this will be a problem for awhile. til then ill be here with my 💎🖐
yea! exactly this. when the shitcoins pop the fud will spread.
so where in the cycle is now?
i agree, up here in canada trudeau printed far more money than our medium-ish economy can afford. but personally, i find thats a greater incentive to hold my money in crypto. while my dollar goes to shit, this lowers the purchasing power and thus crypto rises. at least thats what my small knowledge in economics believes will happen
or alternatively as currencies are ruined by the printing press people will look to alternatives to safeguard their wealth.
just wondering g thoughts that’s all . seems to be holding in the mid 3’s
i have a fear of a correction looming, stock market is heading for a crash and a lot of hf are going to have to cash out of crypto to cover their losses. also there have been a few murmurs are bail outs and margin calls happening currently and the meme buyers going in on doge and elizabeth warren raising concerns over crypto being used to launder money. ether has had a great run but i think we are in for a drop and consolidation in the upper 2000 to low 3000 range
you made a good point, but he mentioned july😅
xlm was designed from the start to facilitate cheap, fast transactions. that way you would not use gas fees. you can also convert to coins using the binance chain.
haha i bought at roughly £1000 a few months back.
that’s a hard game to play right? buying at the bottom of the market.
you are more well versed in all of this than i am. i did not get involved in crypto until january. 😔
shut me up when you find them. i don’t make 6 figures but and i’m thinking to hold long term to have a good early retirement in about 15 years
you only get the pretty girl if you take her out and spend some coin. the greater the risk, the greater the reward. where do you want to be 5 years ftom now?
aquagoat is my other one i have hope in along with the ethereum and my other charity coins
the 15tn market cap is for the whole market rather than just eth. eth is at 0.5tn (rounding up) and the market cap for all coins was 2tn last i checked. to get to 15tn and for eth to dominate that market share, eth would only need to overtake bitcoin to be and make up more than 50% of that total... so >7.5tn. that’s only ~7x what it is today. if the original author i took these claims from was talking about eth being , that’s still only 30x the current market cap, rather than 45x. a lot of ifs but if not this cycle then perhaps within. 4-6 yrs. cryptos are increasing market share vs a number of very large corporations (jp morgan) and they’re literally going to be money so i don’t think it makes sense to compare cryptos to index funds as it’s more like forex in my view. if enough people globally make the switch to digital currencies, there’s more reason to believe that crypto currencies will be worth more than various indexes... less restrictions. you can buy crypto via paypal last i heard. a statistic i remember early investors stating was cryptos could become 10% of the monetary system
lessening circulating supply over time makes the same amount of money move the market faster.
yes... those are due this yr and next. the number of active ethereum addresses surpassed bitcoin already and in the face of high gas fees. so it’s happening despite high fees. pos and eip1559 will help this. next year roll ups and l2 solutions will also help reduce fees. sharing will increase transaction through out to ~100,000txn. we’ve seen a delay in bsc for people to pick up on lower fees so there’ll likely be something similar in terms of adoption for ethereum. but it will effectively be a store of value and a platform... and have nfts and have defi, and have staking... and: lower supply, deflationary supply, incentives (defi and staking again) to hodl, and be greener and possibly an etf. it’s a recipe for huge gains compared to today’s prices and only 18 months to go. i don’t think this is wrong but maybe i’m blind to something less obvious???
wasn’t that up to speed on ankr. looking at their website i couldn’t even tell you what ankr is for? i did invest in some alt coins last time around and can tell you they did mostly very badly after the bull run was over. literally worthless after everyone left. i can see the same will happen this time given all the new projects and tokens.
case in point. tesla announces it will no longer accept bitcoin for purchases of tesla’s due to it not being green. guess what will be green once pos is implemented??
i think this is possibly incorrect as price is based on not only circulating supply but available liquid supply. if people lock up funds in staking contracts that supply is effectively removed from liquid supply... price the. has to increase to maintain liquidity from illiquid supply. i’m not certain of the exact dynamics so perhaps someone else can fill in the detail, but the way i see it from my reading is price will likely be higher than 20k since demand is looking like it’s set up to hugely mismatch liquid supply.
holy s£\* congratulations man, you gonna be rich
hello man, i am planning of buying a decent size bag of eth, how can i check the fees for transferring it from the exchange to my wallet?. i've heard the fees can get pretty crazy, but idk if it scales with the amount or is the same for all transactions. and which is the best time to make the transactions in your experience (to get the lowest fees ofc).
broooo your mad lucky
if i become a millionaire, i'll never visit reddit again.
i just want money to buy a house... if i ever become wealthy i'd just give it to people? like what do you even do after you buy a house?
what an absolute unit
if anything i’d love to see a nice, solid dip before a big rise; would give me opportunity to buy more! i know, i should buy anyway, *but i’m scared okay??*
yes, it must be.
lol in 6 days i’ll remember this comment... i’d like to think i will at least
i hope not but sub 3k and i’m buying idc what my wife says
i will be messaging you in 7 months on [**2021-12-12 19:27:43 utc**]( to remind you of [**this link**]( [**1 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
i got rolled and smoked
isn't bitcoin like 2018 too? it peaked in 2017 and then rested below ath for a bit before crashing down soon after. it seems similar enough to me.
interesting, thanks for the insight. i’m somewhat new to the space and i bought in at the beginning of last month so i’m right around 2700. so far i’m still happy but a lot of my gains are…. going sideways lol
nope, conversion to another coin is also taxable, at least in most countries. that really sucks ¯\\\_(ツ)\_/¯
is *that* what the point of those coins is? i honestly didn’t know. i’m a long term hodlr, and to resist the urge to sell at shit prices i had to stop reading crypto news for a while.
things look very high. i suspect a crash to like...around 1k by end of year. i have been telling people not to buy all year (been over 1k all year). i got out at 3.3, still have around 60% of my eth in eth. i totally believe and my joke is that the time to sell eth is when you no longer need to sell it to use it. but at the same time, if i *know* were at a high, and i *know* it’s going to crash, isn’t the smart thing to sell and buy at the bottom?
i see, all good. :) welp, just a random guess: 2.500 in 3 months' time.
true that is definitely a bit overzealous
lucky you... i got in at 2200... but not enough lol
it’s actually very easy to do. you just gotta have the balls to do the opposite of what every one else is doing at the time. people are like sheep, they find comfort in following what the rest of the herd is doing. they think well how can everyone else be wrong. that’s why 90% of people lose money trading. they’re either not confident in the tech or business they’re investing in or in themselves. either way it causes them to buy high and sell low and that’s the only thing that makes buying the bottom hard.
time is on your side too.
same, if i had hodled my january postions i’d be up big time. i got sucked into the first round of doge mania, then paper handed after it dipped. learned a lot, not going anywhere
i'm big on icp. i think it is got the same potential as eth and is still a sub 300 buy.
~36x the current market price, which would require more than 36x the market cap my 45x was a little off (i was using a .33tn market cap, as mentally i had not adjusted for the last couple of weeks), but i was still in the right order of magnitude eth's market cap would need to be **minimum** (that assumes no more eth is mined between now and ), and the actual number would therefore be somewhere north of 36x replace "45x" with "more than 36x" in my comment above and it still says the same thing, and i stand by it even with the slightly smaller number... 36x is still insane for any reasonable timeframe and would still require eth to be worth more than half of the s&p 500. even if we assumed eth overtook bitcoin, and that btc almost vanished, that would still require a pretty crazy total valuation for crypto . i know people like to hear these big numbers, but they are nonsense in any sensible timeframe - such estimates exist to tempt small investors in with a few hundred bucks in the hope of buying a house or whatever, but they are irrational and insanely unlikely over any timeframe we care about. for eth to hit , something crazy would need to happen
no, because there’s still more supply, even if the rate of increased supply is reducing. the decreasing supply rate means that the new supply has less of an impact on the volume required over time, but that’s a completely different thing - you’ve fundamentally misunderstood wha you’re saying. imagine you’re painting 100ft of wall, you need 100 gallons of paint if the wall increases 3%, you need 103 gallons of paint if the wall increases by 2% the following year, you, need 105 gallons... the change is smaller than the previous change, but you still need more paint but this is an entirely different concept to the one i was thiscussing and has little impact on it - when we’re talking about orders of magnitude of price movement, the difference between a couple of percent of emission rate is negligible
i don’t know exactly what it is either besides being in the ethereum family... but it’s tradable on coinbase and they’re pretty particular... thanks just wanted someone’s opinion. i’m a newbie to crypto... but 0.14-0.15 now, you never know...
good point. is there a way to easily calculate how much gas it would cost?
thanks bud. i lost my entire life savings going all in over the years. but if you go all in on the right risk reward it can payoff. when under 30. finally gonna switch to safe mode no need to gamble
coinbase pro does have lower fees but thats not what you were asking. hes referring to the transaction fee of buying eth. what youre asking is the gas fee to transfer the eth to your wallet right?
use coinbase pro dude, its free same as coinbase but way lower fees. its all i use. it'll show you the fees when buying i'm not an expert but its by far the best fee and safety imo i have zero idea about best time. i think its getting cheaper with the upgrade but not gonna pretend i'm an expert
i'm not pretending i'm some expert, bit of luck bit of research. but yea 70kish last month this shit is ridiculous years of savings gained in months. i acknowledge i'm very lucky but it did take balls to go as aggressive as i did and that is a skill in itself my friend don't day trade, i lost my ass doing that. hold top safe things like eth. also made my fiancee 33% annualized investing long term safe companies while i lost money daytrading. long term is the best that is how i committed myself to crypto just hodl. the first time i ever sold some is today im gonna quit my corporate job because of the freedom crypto gave me. think i want to be a teacher since i see so many problems in the education system
1.08 753 will buy more next dip
keep educating yourself, keep visiting. no matter how wealthy.
never forget where you came from! my account is new not because i became a millionaire but because my old one is riddled with nsfw content.
bullshit, 95% of the people on crypto reddit are already millionaires.
don't apologize. it's perfectly reasonable to want in at a lower price, and you're talking about around a third more buying power if it goes down below 3k
🤪🔗 that’s my best attempt at the hangman emoji.
i hope so too!
just remember that this is a long term gain. ethereum will potentially double or triple from here but it could likely drop 80% and re-visit ,500. just be prepared and do not get shaken out by the inevitable bear market. ethereum the technology is here to stay and 80% drops in price are not stopping that. just keep your eyes focused on a --20 years.
looked it up and seems like i was wrong. it is a taxable event. a bullshit one imo considering buying crypto with cash isn’t taxable.
looks like the dip is coming anyway, annoyingly for me, all the paper handed crypto newbs are panic selling. best of luck.
my portfolio is like 60% eth the rest are all alt coins. all long term holds. might jump out of eth at end of the year if it hits 10k and buy again later in the winter. i hold do many meme and alt coins. alll with like £10 in them just cos. i mean i brought shib 2 months ago and thats made me £60 from an original £2 investment 😂
agree crazy posts like this always occur after a massive run
that’s fair. i think it’s fantasy too most likely but not impossible over this cycle and the next ... so within 3-5 yrs (given the delay in realisation of prices). still better to be aware of the fantasy than miss it completely because you thought 4k price tag today was unbeatable
i'm not thisagreeing with your attempt to rein people in, but ultimately the plan is for fees to be burnt in pos i think more significantly than accounting for. eth could very well become deflationary, with negative growth - not just smaller increases. additionally, you have to take into account the differences in the incentives. proof of stake does not incentivize selling as much - miners will not be liquidating mined eth to pay for operations, and conversely, stakers will want to hold on to staking rewards to compound the earnings and continue taking their interest. add in defi liquidity providers and yield farming also reducing trading pressures and the sell demand goes down very significantly. all that said, i do not agree with -20 years, but i think the pos changes will contribute significantly to price action during that time due to the new model. you should take a little time to think about it more because it is quite a complex shift in the supply.
you could buy do some research and decide if you want to hold longer term and sell if not the risks are relatively small short term in this current market but i found trading was a sure way to lose money. better to buy and stick with a purchase for months’re not set up for full on trading. a lot of scams. if i was investing in ankr, i’d rather split whatever investment amount it is you have across several low cap coins. say you pick 10 projects you only need 1 to increase 10x to break even. typically the increases can be far more than this in crypto. so could be worth a small allocation if you don’t mind the risk all go to 0.
oh my mistake. i thought gas fee is same everywhere tbh. i may be uninformed. i only buy and hold so it never mattered much to me
which dip? we had a dip but the price was still higher than 2 weeks ago. i hope there will be a dip
khakis. one pair of khakis.
and btc ltc bch to zero
those are not the only options, though - there are scenarios in between "" and "we could hit " i do not expect to see , or at least not through anything other than a very short term speculative bubble. but equally i think there is plenty of headroom above 3-5x from today (-20k) is certainly feasible in the next couple of market cycles, and i wouldn't pin that as an absolute top. i'd be surprised to see a sustained , but it is not out of the question
yes... i agree... i lost so much trading stocks... hv a little ether... but this is a good entry... i had xlm and xrp when it was .30 and sold because i thought it was all about bitcoin and would never move up... thanks
in that case im told that when you try to transfer you will be able to preview the gas fee before transferring. apparently some exchanges allow you to set the gas fee? the higher the gas fee the quicker your transaction gets picked up apparently. either way you know before you confirm the transfer. ive never exp first hand because the gas fees are so high and i dont have enough to justify paying the gas fee to move mine out. but give it a shot, if it doesnt tell you prior to confirming, you could always just not go thru with it.
the way people are overspending on everything is a surefire sign of an impending market crash - might not this month or the next, but the current rate of growth is unsustainable and unhealthy
this one right now.
i laughed too hard ngl
it gets worse. he did not buy eth.
you think your life is bad, just know i bought: 1) a ton of eth at 2) 3) traded 2 eth for a fuck ton of icx at the top in 2017 and rode it alllllll the way down. 4) no longer have any crypto investments 5) have a 10 month old child edit- my son is my life and i added no 5 as a joke. just needed to make that clear lol
dude please keep posting your trades so we can bet the opposite. had a friend who worked on a major retail forex trading platform and they made half their money betting against their worst (bottom 5% performing) customers. you have a gift that should be shared.
never ride somebody else’s wave. always catch your own. 🌊🏄
yeah i think my life’s still bad how can a dumbass like you have that much money to piss away
fomoman, another shitty superhero.
5) eth at .3k?
hope you didnt sell those gamestop lunar tickets
wait until eth is
just let me know when you buy so i can wait.
you fucker just bought matic, do not you?
this is some big dick energy right here.
hodl and everything will catch up to you... eventually lol
thanks for making us feel better! there’s always a less fortunate person!
if you want to be a millionaire first you have to be billionaire
me bought at .37, me with you
i thought you were an urban legend bruh
it'll all be up in 10 years... stop looking and buy more!
lol why would you buy doge and a legit coin like btc? they push each other up and down. it’s like punching yourself in the dick.
it would appear you jumped on the hype train and had no idea what the hell you were doing... good luck. maybe do some research
btc will recover over time the others i think that might be a lost cause
dad... is that you?
i’m glad you’re not my financial advisor 🤣🤣🤣
we all learn, do not we?
lol ain’t no shit there brother! i bought at 368
remindme! 3 years when this post will look like a brilliant move
in an year from know, nobody would understand the humour of this post...
your timing is impeccable. at least for the crypto you will be positive in 4-5 years. can’t say about the stonks.
thank you brother ! someone has to buy the top for it to be the top 🔝
you got a steal on gme
life is a bitch bro...
at least you still got a good position on gamestop
lol i bought nikola at like + send fuckin halp
get rid of doge and hold the rest
wtf is wrong with you bro!
may god be with you
fomo at its best!!!
buy high sell low this is the way!
stop fomo-ing and start btfd-ing
please let me know the next time you intend on buying something so that i know when to sell thanks :)
everything will get better later on
we are same bro
that's one of the saddest threads i have seen. but i hope you've learned your mistakes and will make good buys in future!
you’re supposed to buy in at the dip, not the hype.
you should seek a nigerian financial advisor
hang in there bro! we have alot in common!
that’s the way, you don’t have to worry about capital gain just like me.😂
the fomo is strong with this one
do you know the definition of insanity?
i really feel bad for you.
wdym you bought nikola at ??
crypto crew university on youtube best free trading advice and his paid classes made me money back and then some since 2018, he called the beginning of the last bear market for free saving me 3k
stocks am not for you. lesson well learned.
you're on a roll! maybe you should try shorting instead! \^_^ hey, buy when you *do not* want to! :)
over the years i have learned, literally do the opposite of what everyone else is doing.
dca is your friend!
this guy who literally just get fomo and hype, sorry ✌️
oh damn nikola at ?!!
that was a post from a meme account btw
oh yeah?! i sold my eth purchased at ...3.5 years ago
probably workhorse at 40
at least you got to buy... i’m broke af
is this dave portnoy?
this is the way monke!!!
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise [xmr]("last usage")[coin] monero ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(5 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 24 acronyms.) ^([thread for this sub, first seen 21st may 2021, 15:42]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
my first trade was nio
i did same and now at bankruptcy & debt
bought eth at 3800. genius move so far!
where is a legit app or website i can buy eth & dogecoin
bitcoin will be fine... the rest?
hahahah true statement on gme for me. the. i averaged down to
lol before trading crypto i was a crude oil day trader, so these kinda losses do not mean anything to me 😂😂
don't feel too bad. i sold my bitcoin to buy eth in 2018 when it was . it crashed to about . [2021 has made the sandwich heavy portfolio payoff for the hungry investor]( your luck might turn around in 2023.
you, sir, are doing a service to mankind!
i mean... really now offence, we all make mistakes, but this really sounds like maybe you should re-think your investing strategy -> this actually is financial advise
thanks for making me feel better about my decisions.
i’m gonna sell whenever they buy lol
we need soldiers like you working on the front lines to break that ath barrier.
i see, it takes time to convince you
watch karate kid, you go up and and you go down. upppp, doo
i'm going to up the ante. time to start buying stock in companies that have already failed!
are you an actual retard?
you are the hero the market deserves, but not the one it needs right now. 🦇
gamestop at 😎 r
bitcoin and nikola - hold
you get your investment advice from the newspaper?
and you do not going to lose it till you sell it 🤷🏼‍♂️
sounds like accumulators loll
maybe you should think about shortselling instead of buying...
let us know what your next move is 😂
i bought btc and eth yesterday... down by a lot percent. i almost believed
gme at 400 💀💀💀
fuckkk is there more room on the bench!?! 🥺
i'm intrigued...tell me more about nikola.
sell? what do you mean sell?
someone hire this cfo
buy physical silver...will change your trend. it’s low. so buy now (low) and sell later (high)
dang that’s bad timing
haha noob numbers! i bought gme at 😏🥲🤷‍♂️ . . . but averaged down and still holding ✊
nikola at anything over .
you only lose money if you sell at a loss. sure there’s the opportunity cost, but with the limited capital most of us have, as long as you can let it sit in eth, chances are your return will be far greater than more traditional investments.
maybe he should stop trading at this point. it does not seem to be working out so good for him anyway.
and you’re a scouser too? how much bad luck can one person have 😉
down bad boys ✊🏾
how do you have money left
great...please tell us what you're buying next and when.
i bought shib at 0.000012 all in.
he forgot kodak at
i bout denbury at 0.80 before bankrupt
i guess you’re only option is to go on living until you recover these losses. postpone your death at all costs!
me who brought eth at 4,299: silent peasant
aw shame man... hang in there.
you got guts for showing your poor decisions.
it is a sad life we live
thank you. i feel a little better. its hard trying to get ahead
and i add tesla at 😂 plus a bunch of coins!
damn sounds like you need to get the hell out of trading or do some research!
i see this post 10 times a day, i’m fed up. can you guys come up with something else now?
i feel like i wrote this. maybe i did
out of your list gamestop will definitely pass your entry again and take you to the moon 🚀, btc probably will also, no confidence in nkla i was burnt on that and doge is a joke 😂
holy…. you bought nikola? oh boy…
this is the way. this guy fucks. nice going smoothbrain ;)
when life kicks you in the balls. that’s when you need to be apenuts and hodl. not advise. just trying to add a little since of humor in hopes that your pain gets better
thank you for your sacrifice!
at one point i was actually upset because i missed a 49k dip on btc. i think i’ll just let my crypto sit for a little bit.
this is just too dramatic to be true. another fake news
you are making a good book of < things not to do>
thanks for your donation!
how is your life bad when you can afford everything that gets expensive
the sell off in bitcoin is only a correction helped by elon musk who is probably getting pressure from the chinese government who are pushing their own digital currency. you’re still good with bitcoin but you’ll probably have to wait a year or two on nikola. however, they are finally getting their shit together after former ceo trevor milton left the company.
you're going to be rich soon!
you need to start studying rsi videos. that will correct this problem
this guy calls tops
thanks for the biz! i sold those levels
now that is a true ape!
this guy looks at a chart and if it’s already going straight up astronomically he just buys it
if you bought eth you would never loose 🤣🤣
i decided to go all in on eth about 3 days before the crash. :) lost a quick 8 thousand dollars
what about coin at 429.54? i’m still waiting for that person to show up on reddit
let me know when you’re buying your next asset
buy high never sell! that's my motto... and my portfolio...
only bath no salts
i don’t even wanna hear 👂🔊anything under. f you whoever says it.
rofl... all the coins i bought were near bottom, and are sinking. we had to go up to stop us from buying, now we gotta go back down to keep us from sodling...
i think you need to find a different hobby...
gotta do it like wsb. pics or ban
he forgot to mention his ape 🦍 buy of shibu.
sister bought dgc .85🤣🤣🤷‍♀️
wow...i am glad to see the post though. at least you still have your sense of humor.
lol i also have a small bitcoin cfd at 63k. ouch
hodl simple means holding crypto currency till when the value increase. however a rise of fall in stock market 📈 always affect this type of trading. but in crypto trading is just like saving , a rise or fall in stock market doesn’t affect this type of trading, your profit is already fixed base on how much you invested. in investment of ,500 to ,500 you get 40% daily of what you invested for 7 days in investment of ,000 to ,500 , you get 50% daily of what you invested for 7 days in investment of , you will get 345% of what you invested after trading . however after trading , you can withdraw or reinvest your fund to boost your trading .
i bought eth at 4200 now -50% fml
your blessing coming to you soon, be patient!
so me buying eth at 4000, panic selling at 3500, rebuying at 4000... still holding cuz god damn it if i sell it will shoot up...i would like to buy you a drink sir...
thanks for sharing. i’m not in that position, but i know many are. and sharing this info with strangers leaves you open to bully trolls. so thank you for sharing this if only as it help others in bad positive feel not alone. i’ll probably get slammed for posting this, but just trying to be supportive of others. best to you!
fuck fuck fuck i feel a little pain but not like that 😬😬😬
shorting the next thing you buy
not as bad as buying long future contracts in this bear market and getting stopped out immediately
diamond hands friend, hodl! most of crypto was due for a market correction. also, i have found some news stating that big banks and companies and now messing with the cryptoarket(s). do your own research but look to the future.
v funny post, i do hope its a joke
this will probably be really funny in a year
what’s the best app or broker to buy eth? i’ve been wanting to get in but don’t know where to buy? please advise. thanks
can you text me when your buying something in the future so i can sell if i have any 🤣
i always like to say positive stuff to cheer people up but yeah that’s pretty bad, i’d like to say it could be worse, i’m sure it could be, you could have done all that and have a real bad cold, no cold right?
haha i felt your side. even bought fyz at .5 and it keeps on decreasing so what i did is to just scalp my fyz till i accumulate more and my capital is back. till now, im dca-ing fyz in bibox which helps me to learn more technics. im not against with holders, just taking advantage of the market. also, you can flip sol and avax, i guarantee you a good result.
i buy low then buy even lower until all i have left is crypto lint. now there’s nothing left to do except bear through it. see y’all on the spring side.
that's the way. a seasoned professional in buying the reverse dip. i am following in your wizened footsteps smile 😃
ouch, that’s gonna leave a mark!
please don’t buy any eth
i bought doge at 39cents. all i’m saying is i’ll laugh before he does.
you, sir, are a counter-indicator.
one of my personal rules is to never buy near an ath. i will risk missing the boat because it seems more likely you will get burned.
pro traders will watch what this guy does and do the opposite
i just sold a little bit of tesla stock and bought my first eth . i also bought my first houseboat, a 12’x36’ gibson with a deeded slip on the ohio river north of louisville ky. this will be my riverside worksite. here is to life on the river!
you will offset your losses from amc gains.
shouldn’t there be a thisclaimer that says “this is not financial advice” lol
i got kicked in the nards on nikola too. bought at
geez!! who’s advising you?
that is the way!
sounds like he fomos. the only thing that will pay off is bitcoin.
eat sleep buy high sell low repeat
let me know when you’re selling so i know it’s going to pump!
10 eth at 3200. i so feel ya… once i missed the drop, i was stuck. cause i ain’t loosing by selling low….
while i do crypto, i still invest the same amount in silver and gold. that there is a no loose. just time. if i run out of time, then my kids will be set….
that's my approach to real estate investing. buy at the top of the market, ride it all the way down, and then sell. my special sauce for making money.
bought eth at 4000 btc at 45000 thinking it was on sale 😢
sold doge in january for 6c saying it will never hit 10c 😂
maybe stop what youre doing
ethereum classic is going to hit 1k in the next year. don't miss out. they are at 63 all the way down from 160. i just bought 10. i also bought bitcoin cash for half price. eth is always a no brainerd at the dips.
this is the way i bought nikola at but you got me beat on the others.
🤣 semi sames but just cuz i was too hype still bought low low
i know exactly how you feel, we are in the same boat, life is short, at least we tried 💪💪
one of these will age well
don’t sell and you will do just fine.
needed this ngl lol
but do you have anymore sweet picks?
wow nikola at 60. gentlemen we have found the true retard.
nkn at 83 cents bnb at 577 litecoin at 308. 🤦 your not alone buddy
annoying little brother here (doge investor) it’s not that bad. we know we going to the moon mate, we got elon 👩‍🚀🚀
bitcoin is too slow. buy ethereum which is improving.
i sold all my stocks with the market fluctuations. it feels great as i can just start all fresh again.
the stocks… maybe consider stop losses… the crypto….hodl……the doge…. exchange that musk propaganda shit for eth… you may come out smelling like roses after a while…. a long while…. one example of buying low would be right now…. just sayin’ 🤷🏼‍♂️. not financial advice.
what’s he buying? let me prep the puts
i believe you are investing from a scarcity mindset. chasing the crowd instead of researching and making sure you have done you're due diligence. i truly believe in eth. i am buying a little bit every week regardless of price. you only lose money if you sell. if you believe in the future of crypto's hold. the gme play is an expensive lesson, but again just do not sell.
lesson: buy when it’s a rumor not when it’s news.
if you think your life is bad. i had 25 btc and sold at
never go full retard
to be a shitcoiner has some cost
are you selling a signal service? cause that is remarkable. i'd pay damn good money for that kind of accuracy.
the 3rd one is wise. because gme will shoot up higher than that.
easy. 1. just do the opposite of what you think you should do. 2. profit.
oh man oh man
did all that bro
i bought nikola at :/
this idiot bought once the news blasted it and every old person was asking what was happening. once shit hits the news, gtfo
why not buy eth? no better not to buy eth
thanks, now i don’t feel so bad abt myself 🙏🏼
i do feel better, thank you
just hoddle you will get back there you inspire me to hold harder 🙌👏
i feel your pain.
i always buy high on some bunk ass shit... stoned out of my mind i alway sell low 🌍🚀🌙🤮
can you dm me when u plan to buy anything? gonna short u
speak when you sell.
for that reason it’s better to set up stop limit
i'm interested in buying ethereum anyone here to sell ?
i can sympathize, i bought nikola at around . f*&
just give a shout before your next big purchase lol
let s face it. you make horrible calls 🤣🤣🤣
you are not alone in that if that makes your day 😬
may be you are the reason for the crash. if had not bought it would have been ok.
btc will save you
most trade the rumors, this one sounds like they were trading the news...
its impossible to buy all 4 on worst moment
he’s doing a fine job of investing, he’s wife must be proud
can someone recommended me which crypto apps or brokers to buy eth? i’d like to get in at current price .
i’m confused about everyone’s eth hype. i a hodler long term, but i been sold my temporary holdings of ether. 2.0 is a fantasy at this point and even if… it’ll continue to lack in comparison to other cryptos.
when's he buying next??
short high long low 😜😏
you are the king of fomo. you deserve a crown
hedgies are gonna keep tanking crypto to attack amc. cause they are soon to sink. so the robbing crypto to pay for amc. they selling to show they have the liquidity to avoid margin calls. then pump the leftover funds back into crypto and rinse and repeat once it pushes the price back up. crypto is fighting a monster just like us. the only way to win this fight is for crypto and all the meme stocks to unify and support amc. the devil cant fights us all. once he is dead there will be millions of new millionaires looking for new investments. personally i'm sinking 40% of any gains into crypto. the monster must die. or we all suffer. we need to unite against this enemy.
we think you're stupid.
1.) hold until 100k 2.) sell at 1for btc 3.) sell for btc (1) 4.) sell for btc (1) just an option \^\_\^
probably cause he was broke lol
dude needs to learn how price alerts and phone notifications.
or maybe because it is still far below it’s value?
eth suck too, they can change the rules if it drops to much. all of it is a scam.
maybe he did after he created this meme 😂😂
😂 or bought +
i think he just fed up after btc lol
hey i mean someone has to buy the top after all
do you have data to support this claim?
invest in no 5!
if you believe in it, you could put small amounts you’ll never feel aside into crypto. your son will thank you when he’s hold enough to know what an investment is. some people may have missed the ridiculous gains that others got, but here is nothing better than building something for your kids future! congrats on no. 5 👊
i sold 94 billion shiba (worth )at a loss that turned into 3 million dollars. don't even start.
i feel a little bit better. i’ve calling myself the bubble boy as i bought bit at , bought a penny stock avg .67 that’s now barely over . bought at near peaks and sold after i lost my shorts...
i did the same and sold at 600 but bought back in at like 730 because i realized i was a complete moron lol
buy what you can afford at the bottom soon, then hold it for for 4 to 10 years.
at least you are hodling number 5.
i still kick myself for buying 70 eth back at <.
just gotta hold on number 5. it will get less volatile and then probably more volatile for a bit, but in 20 years plus time you’ll probably stop loosing money
your odds are so amazing. buy lotto now. maybe this time, your odd works on other direction, you will hit something big. my wife just gave me . i'm going to buy mega million for tonight's drawing. i have 9 yrs old child.
god this should almost be a business strat. “be so bad at losing money. that we’ll literally give you an allowance just to keep losing so we can update out game plan accordingly!”
just buy puts on whatever r
how can you bet against someone buying ath??
... and avoid the waves caused by whales.
if you have enough money that you can spend money on a shitcoin like doge your life is probably pretty okay
some people are rich in spite of themselves. i'm sure the opposite is true too.
damn, wish i chose fomoman as my username…
6) donuts at .009 ' ' oh wait
same, i have been averaging down as much as i can. i am currently down to average of 3.6k lol
2000€ in at 3500€ 🥴
jokes on him, eth gona spike upwards july, actually invested properly
i havent lol. theres legit no point rn
i hope he is at least writing cc’s against them
just alloweth me knoweth at which hour thee buyeth so i can wait *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i'm dead here 😂
pls i hope this is true... my portfolio is down in the negative... dont want to sell bc then i will lose for sure. you advise i just hold to what i have? even when the big crash comes?
maybe they like punching themselves in the ... just saying 🤣
doge to melt into nothing when the big crash comes
doge is a fork of litecoin which is a fork of btc. don’t think it pushes itself either way.
- new us tax guidance pushing xmr - greater concern about energy usage now for better or worse, that'll drive ada and eth and others they're just ready for you to buy now.
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once the fed prints like ,000,000,000,000 more you should be about even. give it a few years
thou art on a roll! haply thee shouldst tryeth shorting instead! \^_^ *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
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a guy at work “it sucks that even though i’m still up i coulda cashed out and made over a thousand dollars”me who gambled super hard all day and managed to make 2k by buying at 28 , selling at 40, then buying back at 35, then selling at 44, then buying back at 33x then selling again at 47. “yeah dude, that’s the problem with crypto, never know what it’s gonna do.”best part is it confused the fuck outta the rh app and it reported me at like a 5k loss for the day, even though i made money.
i have been thinking to dive into crypto insurance but none of them looks reliable as of now. i will wait another 2-3 months for this!
what if the crypto-insurance providing project rug-pulls itself? who will protect us against it? lol
i buy ath all the time. only had full drawdown twice in 2 decades
there is no excuse for not buying eth
yea he didnt have .
can you pls explain how that works?
lol. nice! :) me too.
that’s where allllll my time and money goes at this point hahaha
awesome! congrats on no. 5. sell him at 15 and make a huge profit. they are only good until they reach that number. lol.
there would not be any returns on that.
definitely will be getting back in at some point. right now focusing on buying a home and putting money into my 401k and other more traditional investments. appreciate it homie.
oh god it hurts
this is essentially the plot of the cooler with william h macy
that would not have worked unless you wait until after the hype moves on
time to cash out or short it
monetarily yes. but money is not everything.
yep. sometimes you do everything wrong and still win. sometimes you do everything right and still lose. life is like poker, not chess, you do not control all the circumstances, alot of luck is involved.
account still young, you can always make a new one haha
lol, found the guy who's salty he told his boys no at a penny.
i think you have misunderstood what i meant. i think btc will recover to them heights j do not think doge , gme and other meme assets will. i hold ada and eth aswell as monero alot of altcoins have a place.
no way are they really but they say they can 10x my investment
is 2500 a good buy in or you think it’ll drop harder?
i have eth and the only reason i didn’t buy more two days ago is because i hit my bank transfer limit. i still can’t complain considering i payed around .
so you are saying that i should sell a kidney so i can buy a couple eths ?
it will drop more! my opinion only...
if your parents are talking about it, you're too late
some apps(e.g. if eth drops to 1900 or rises to 2900) and you get a notification when it happens
watch them grow up invest in crypto.
it is 14 actually. i wish usmc accepts 14 years old.
free lawn care and cleaning 99 runecrafting if he wanted
could probably work if you buy options that are very far into the future.
how to short a crypto?
until which price tho?
i still have to try though, i miss all the shots i dont take.
*checking*... it’s actually taken >_<
nah man i had some doge, sold it when it was pumping so made a bit on it but prob wouldn’t buy in again. it’s run on pure hype and coins with far more use and purpose thisappeared during the 2017 crash.
wed was not the crash, the real cryto bear market is yet to come.
ahh i see. i learn something today. thanks mate you have my respect.
ah, you were talking about the memecoins. yeah i think they will be pumped again but that is a pointless game to play unless you're elon musk and you're doing the pumping yourself.
oh, it was all luck. tried to do it again with other shot coins, and lost about half of what i was playing with until i called it quits. i was also shitting bricks the entire time waiting for transactions to settle cause rh is a shit app. i normally use coinbase for crypto, but i was feeling frisky.
if you believe in eth, dollar cost average your investment and do not try timing the market
hell yeah, imho. anywhere under
you in a year : is 15,000 a good buy in or wi it drop more? 🥺🥺🥺🥺
yes... and also, yes.
i set orders yesterday for 1600 and fulfilled. i hope today things will be better. i bought eth at all prices btw, and this dip is just a stop in a long and wealthy run for me: i look forward for eth 10k
ethereum will be a good but at 10k. watch
idk i’m watching and waiting too
it’s a great price and it could drop, so if you’re worried just wait another week and decide.
i’m just a trader, but if you’ve got capital, i think 2500 is a pretty good buy price personally. try setting a limit buy for lower though. if you set a limit buy for a price that is lower than you think the price will actually drop, it’s a good situation - 1) if the buy doesn’t execute then it’s all good, at least you didn’t buy at a high price, and 2) if the buy does execute, then you got a good deal. the more sure you are -> higher limit buy price (at least you got the buy and you’re not missing out) the more undecided you are -> lower limit buy price (at least you got a good, and maybe even lucky deal) dca replies :.
idk that, but i am sure that in few years when the fiat economy collapses eth will be worth much more than now.
wait a few days mate ,she has not bottomed yet , anything under 2000 and your good to jump in again. this is not financial advice 😃
look at the chart, there is a correction after every bullrun, btc will probably be at 15k€ again in 1-2 weeks and ethereum will also be lower in a few weeks. buy again when it hits 800€, in the meantime short the shit out of it.
shit, i bought my first couple eth at . then a bunch more at . then more at . then waited because it was moving so fast. and now i’m back to good old plain dollar cost averaging daily.
what apps are good?
you choose, say 10% profit
until they sell, then you know it is going up again.
seriously wednesday was a dip, people who thought it was "the crash" are in for a shock
yup. i bought my first 1.0 eth at . been buying auto daily since
for , i guess? 🦍🚀🚀
yeah but i get afraid at times if such moves will count for it be a stable currency. or will next gen forex be this volatile?
really you bought eth at 1600 yesterday? maybe i understood wrong. this is an awesome sale man
15k is fud, bud.
what platform do you buy crypto?
try coinstats (thats the app) and link to your exchange, set some favorites etc, and check its settings under your phone notification setting menu to start. get more elaborate if it suits you. keep in mind that if an app is asking for permissions (access to contacts, cam etc) it likely means your data will be forwarded to sources you never intended. this may matter in terms of your own ideology towards crypto, or in terms of a potential audit. assess risk.
> been buying auto daily since doesn't that get expensive? how much are you buying per day? wouldn't it make more sense to bundle it every 2 weeks or so and save on transaction fees?
what software? on automation with a floor and ceiling?
why do not you buy when it dips, this is crypto
i bought one at like 3 grand and a lot doge at .68, im an idiot. but now i have 3 eth, 1000 cardano, 14 million shib, some thor chain, and 1000 xlm stellar, plus 107 million safe moon lol im flexing these days and bon fore on the burner. believe in the system and forget the dips, dont sell in the slump
read this: it might give you a little more confidence in the price fluctuations of ether and other crypto.
no m8. sorry: i was rushing, and i put 2 things together. yesterday 2600. today 1600 (not triggered yet, but i’m happier if it doesn’t). the only way to have eth yesterday was someone messing up with limits.
what does fud mean? i keep seeing this
kraken, kucoin and binance.us mostly
fees are a percentage of the buy, so won’t cost you any more to divide your biweekly purchase into dailies. but if you believe it’s always going up over the long run getting in sooner is better than later.
daily your getting a better average, bi-weekly you might miss a low or buy really high
i. buy . some days are obviously better then others. but the average. .99.01. i’m also staking everything, so even though i can’t sell, which i don’t want to, it eliminates the urge and i’m making 6%
coinbase. no. it just buys at the same time every day. then i stake it every few days. i have a sell date in mind. many years from now hodl
if you zoom out far enough they are all dips, if your holding for long term as i am does it matter? how many people have you heard say oh i wish i woulda bought in at xxx...then never get in. it’s never to late. just start buying! you don’t loose money until you sell!
elmer fud, he’s a bad hunter
fear, uncertainty, and doubt.
on gemini for example, it is more expensive to buy smaller amounts regularly than to buy larger chunks less frequently. what platform are you using?
i paid a 5, i didnt check the gas fee so i got ripped
be verwy vewry quiet, i'm hunting sub 2k eth.
gemini is really expensive if i remember correctly
i've been saying the exact same thing on this sub for 2 weeks.
i am basically ignoring what elon has to say already
on the other side vitalik tweeting about crypto will bring wisdom
2021 elon fud is 2017 jamie dimon fud all over again. jamie dimon later said he regretted talking about bitcoin. also, while jamie dimon was trash talking bitcoin his company was buying bitcoin the dip through a european fund. would not be surprised if elon is doing the same.
it bothers me that it had any impact, and i’m bothered that i’m bothered. edit: also “bothered” is a bothersome word. don’t like it.
yes, technically...does anyone remember mcaffee?😂
i don’t follow elon at all but be realistic...if he was saying eth was the superior crypto you mean to say you wouldn’t get some level of satisfaction from it? as for “people will stop listening to him”...how many followers does any of the kardasians have? for whatever reason they have their sycophants and will always listen and obey. like his message or not, his comments are having effects and there maybe more to deal with in the future.
just curious, where is this vitalik quote from?
elon’s tesla stock is now facing huge problems. michael burry is shorting it (technically buying put options). maybe he won’t have time to tweet lol
yep and when he loses the spotlight he will do crazier and crazier or stupider and stupider things to try and get everyone's attention.
i like elon but his words should not be tied to crypto the whole point for people getting into crypto was because its not centralized like the fiat dollar. if one billionaire is going to have influence over what he tweets and every crypto is dragged down by it then there must be something else going on we do not know about.
chad vitalik donates a billion to india while virgin elon still pretends doge is worth something
i unfollowed him…...the guy is a jerk, a genius, but a jerk all the same
god i hope so. him having any impact on that sector is so so so annoying
in a sick way, i’m glad elon did what he did. he manipulated the market. but there’s far worse people that could have done it before him, much more maliciously, and it’s taught everyone involved in crypto a lesson. the more we are exposed to this, the less it will influence the market. at least it wasn’t someone horrible that crashed. it was just elon.
was a good interview imo
well he is a billionaire egomaniac, abusing his massive following of sheeple. the sheeple are not going anywhere, proof is in the pudding been this way for years unfortunately... we would like to put reason and logic to it by saying his influence will become a leaf in the wind but in truth it might just keep growing as way too many people over idolise anyone who is a celebrity and. in some societies it’s enough to just pretend you’re rich and suddenly everyone will hang off your every word without validation. yea i’m cynical, he needs the regulation hammer and stop this abuse of power for his own fun.
his tweets are like what bombs used to do to the financial markets. now nobody cares.
i’m not shaming any one but why do all the very successful people look like aliens? i’m i the only one that see’s it?
why is there a photo of a weird giraffe?
what ever... where is my shiba money scroney mofo
he looks like tom brady 20 years ago
and i will never even consider to buy anything he sells.
ok vitalik buterin putin trump biden, how about buy some safemoon and we can all be happy,
elon "bad", vitalik good we get it.
vitalik is right. people are currently listening to elon as if he is an authority. once people realise he is not, the market is going be unaffected by random tweets
this is happening now, he tweeted something mentioning doge the other day and some ppl replied " please stop tweeting". lol even his dicc riders are getting tired of his antics
false. all fall in and follow the dogefather
i just read the chart technicals, i ignore elon. when chart says buy, i buy. when it says sell, i sell! i stick to my own set rules! it has not done me wrong yet!
everyone loved him when he backed boomercoin
i would not want vitalik saying this about me...
there you go worshiping people again kids.
so true. tweet supply has def increased
elon is same like you, me all of you. he is after profit, he is trying to lie to his believers. sad ... thoe idiots who follow his opinions. dont trust any businešan at this times, just follow same lvl. human like you.
seems logical... it’s the new china ban bitcoin china unban bitcoin.
some of you must be real fun people. life of the party kind of people. totally not some giant sticks in the ass.
please don’t listen to elon the dingdong
never say never ! your also imperfect !
lets pray he does, these dips are epic
me: elon who? bff: this guy! *shows me his pic, tesla & his tweets* me: oh him... don’t care about him 🤷🏻‍♀️
he use to support a meme coin, now his a meme. 😂 ! just ignore him, only ppl that supports him are dodgecoin noobs
yup! that’s in the article i posted earlier today! great job op!
spoken like a boss!
lot of millionaires bought btc from the dip, nothing to do with elon musk
the true elected by the people
"it could have ended already," buterin said. "it could end months from now."
the boy who cried wolf.
seriously, this is the guy we should listen to. musk the market manipulator.
don’t hate , basically is important that mining comes from green energy. there’s no point in mining while destroying the planet . stay strong in what you believe, toghether
i cant listen to an idiot who was stupid enough to marry the same woman twice. got divorced twice and ended up paying her . ' he is a clown...i can see him saying "she is different. she luvs me!"
crypto isn’t going anywhere. i’m not sure why people were freaking out over musks tweets. who gives a fuck about tesla anyway. there sure are a lot of fuckin’ stupid rich people...unfortunately😣
cool, so we are on the same boat
dude has some major nerd neck. gotta work on your posture bro!
i’ve been hodling doge long before “elone” musk and it’s so cringe how gullible people are; praising that corporate clown who refers himself as the “doge father” 😒 so ducking cringe.
says the guy who tanked the market because shitcoins made eth look bad with high gas fees during the most in demand as an actual currency for trading as it has ever seen .
spouting the opposite of fud.
it depends on the content of the tweet!
they will lose interest eventually
elon musk needs to have his tweets reviewed by the sec so he does not affect a publically traded company. this is not new behaviour.
thumbs down on musk! he is not more than just a manipulator!
no one should have this power over the market.
what’s up with your neck man?
he's definitely lost his luster
i can’t escape the feeling that all his tweeting is just straight up market manipulation. how many of his buddies are trading on knowledge of what he’s going to say and when?
hes been tweeting about doge since 2019.
a month ago i idolized elon. since i’ve been paying attention to what he’s been doing, i now view him as a narcissistic egomaniac manipulating markets for fun. he’s basically an equivalent to a hedge fund on his own.
imo this time the market has learnt a little. no one can argue that elon has lost credibility and his words will eventually decouple with the price movement. for his good, he should want that too.
says the guy who sold 1bil
i know i'm in the minority here but despite the fud and talking shit about michael saylor (and of course the 40 percent dump) i think elon being on board with crypto is a good thing... or at least a neutral thing - potentially. the doge pumping is fucking weird, i will admit but tsla still holds btc. i believe that the energy fud can be overcome when people realize that btc mining directly encourages and rewards renewable energy more than anything else on earth. it also leads people to learning about eth and pos being more 99 percent more energy efficient. i really, really really hope musk does not try to make his own coin though. if he does that then we know he really is nothing but a con man out to enrich himself and himself only and he does not give a shit about anything else.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [sec]("last usage")(us) securities and exchange commission ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 5 acronyms.) ^([thread for this sub, first seen 21st may 2021, 05:18]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
why does not tesla accept ethereum as payment? because teslas do not use gas...😂
i hope my cock is as big*s vitaliks one day 🥺🥺🥺
elon is twitter trump. he speaks they follow.
remember that pedo thing?
this bull runs' mcafee lol
really even he thinks it is only elon musk influence there should be something else behind and could actually vitalik's tweet have this kinda influence
basically. elon=boy who cried wolf.
yeah and hopefully shib kills doge lol
don't puy your word by other's credit
it is concerning to me that one person alone can have so much control over the crypto currency market. what does that say about the market itself? he needs to just stop and get over himself. hodl
truly said by vitalik
yeah but it is even better if elon shuts the f\*\*k up. he is so full of himself
only the dogecoin subreddit circle jerks over elon.
i guess elon has one of the best analytics. i think they always advice him what to do
when his market realizes he is a piece of excrement, he will slip by the way side in time. crypto however will still be here.
the fact it is responding to his tweets... it’s just ridiculous
elon musk is the next john mcafee confirmed?
every crypto run there is an "influencer" that tries to make a quick buck from people. remember john mcafee? he was the same for a while, now people mostly smile and ignore him. elon will be the same soon, he just has more money, so he can make more money off poor people with a dream.
if you are using twitter for investment advice for the most speculative and borderline scam asset then i call natural selection.
elon is playing with peoples emotions. some are ro soft and will do stupid shit when market fluctuate...dont listen to elon. hes playing a dangerous game with your soul...
i haven’t dove in too deep. but, i think if you go back a couple of months, and look at the runs in doge compared to elon’s tweets i think you’ll find that there were other reasons as to why it was really soaring at those times. it became a top 5 crypto(in terms of mc), thousands of businesses started accepting it, it funded a space exploration project. all these positive things, and more, were happening, but everyone was all too concerned with what someone else was doing.
you could say that about someone who keeps promising pos ethereum
this brings me comfort
can anyone please back test elon’s tweets? i’ve been around a little while and sometimes they move the market sometimes they don’t, i’ve even seen some come and the market go down. i think people are putting too much into his tweets and should be putting more into algorithms that pick up on his tweets🤷‍♂️🤷‍♂️🤷‍♂️🐿
its a pretty big indicator that starry eyed crypto-bros are insane tribal, whose egos are hurt whenever someone of influence speaks truths about their particular coin.
i’d be careful underestimating elon.
vitalik is the crypto gigachad we deserve
he cannot win, our ether is strong.
well i think musk is doing a good work in stabilizing crypto prices
wise beyond his years. i really do think vitalik is one of the smartest people alive today.
i strongly agree 😃 well said vitalik buterin 💯💯
vitalik you stay real man! do it for us!!
im not telling elon is doing the correct with the crypto market, but what vitalik did with shib is even more dumb
i think china announcement had more to do with the crash along with liquidation of all the longs to the tune of 9 bill among 800k investors (i was almost one of them 😱) then that idiots announcement 🤷‍♂️. i do wish he would keep his mouth shut though because at the moment he is causing minor thisruptions.
he has done enough damage something i never expected from him. time to ignore him not selling my tesla stocks however still see potential at this time but we shall see ! definitely holding all crypto as well !!
we should make everyone unfollow elon on twitter
crypto god has spoken!!!
not one tweet of his ever affected anything but dogecoin anyway. there are always ups and downs but every time there is a "down", you guys want to come and blame it on whatever random thing happened that day.
wise words. i really hope it will happen soon. at some point more people are gonna ignore what elon is have to say.
that bitch elon is just playing with the market...
no longer a fan of muskeboii
just put the word out and get people thiscouraged from buying a tesla. that will teach him.
said like a true russian. he’s intimidating to see but seems like a really nice and smart guy when you hear him interview
he's the same as mcafee. only difference is i truly believe that was all psyops. musk will come with some project to reduce energy consumption required to mine btc claiming he resolved the problem.
true dude, hats off to vb
yeah he has very little influence now. of crypto, which prides itself on being decentralized, is so susceptible to the will of a single person then we are all fools. i personally don’t believe he has anything to do with the fluctuation. if he did you would see that: 1) it didn’t fluctuate this way before he tweeted about it, (spoiler alert: it always has in certain market cycles), and; 2) you could predict what would go up or down and relatively by how much if you just had one data point to analyze like that. (there is no association).
don't trust elon musk.
i have ignored elon and tesla since the day i could have got tesla for 22$. and yet somehow still the market allows an insane pe ratio of 125x on tesla. if the man was so smart he would recognize he is turning into just another hologram trend. the market will inevitably shrug this off as well and the real tech that changes lives will continue to outperform in this age. space junk.
i just have that feeling that big financial is more involved, the swings are going to be more intense. don’t fault anyone for taking profits. but big financial have so much money to pump and dump it’s going to be even more roller coaster. but, i’d always walk in the parks and head straight to roller coasters.
elon was born in 1971 he is as far removed from the inception and development of blockchain as boomers were from the inception and development of the internet. it's going to be fine 🙂👌
people are stupid he is the second riches man in the world, before he tweeted, he probably bought like billions worth of dogecoins, how you think the market moves!!!!!!!!
elon is an asshat.
not much different than “the great toilet paper shortage” a bunch of panicked self absorbed idiots….
i know some of you have been at this since 2015, but it is still an extremely new market. of course it is volatile, and of course it is high risk. one day, musk, china, and god will tweet about bitcoin, eth, or cumrocket, and the market will be unthisturbed. the same way in which if elon tweets today "i do not like the us dollar" literally nothing will happen.
he has wrekt bitcoin. it will be forced to upgrade to pos since it has no real use case anymore. hodling isnt a use case when one person can tweet and cause it to bearturd.
remember when everyone used to respond to what mcafee said lmao
let’s all just short tesla because karma is a mother!! lol
i sure as hell hope so
anyone who dumps their crypto based on one man’s tweet is a fragile little cunt and shouldn’t be investing in anything.
y’all ever wonder how tf does the market react so quickly ? he posted at 8:05 and at exactly 8;05 the entire market falls. even if you’re a follower if you read his tweet and then exit the app to go into the exchange app and execute a sell or but that’s at least 1min. how does it happen instantly? i feel like somehow it’s automated.
we have seen that with doge his tweets started to have little effect and have vanished about doge. now if he says of course he will accept doge and eth etc as payment for tesla that would be a horse of another color. of course we are not seeing that tweet are we. has not even said he would accept eth or doge for hats, shirts or any small items at all. hmmmm
i’m starting to really like this guy
who gives a fuck what vitaldick thinks. he is nothing but a rug puller and scam artist himself. once you pull the shit he did you have no moral legs left to stand on.
sheeps will always stay
i dont give a shit about vitalik buterin honestly. he made all the shiba and akita holders loos tons of money just by selling his 50% part of the coins motherfucker. he is worse than elon.
that's right, he is going to sound like a dog barking
but is your name vitalik, lmao i’m just messing around.
you are very wise, my friend
one person can only have so much attention in a given amount of time. once time passes, the world will keep on going forward.
same, i honestly don’t understand the hate. i’m no fanboy but it’s the market idiots who are purposefully taking every slightly bullish. i wouldn’t be surprised if he’s purposefully having some fun partly to detach his words from the market. i don’t get the feeling he’s trying too hard to keep his influence
i freaked out way more over jamie dimons bitcoin is going to zero comment in 2017 then this one. maybe it’s because if you’ve been here for more than a month you’ve seen this many times before.
dang and no one even gave you an award! i believe you can give yourself an award on reddit. go for it brother.
i definitely think he has to many fanboys and people are way too naive the market going up and down should not be because of a stupid man child extorting his opinion . that’s what’s wrong quest people now being lead by the masses
at this point everyone should. he’ll be another fart in the wind!💨
same, but the problem is the masses aren’t :(
cannot wait until markets stop moving according to what that guy types into his iphone
what elon should do: speak no evil 🙊 what we should do: see no evil 🙈 hear no evil 🙉
ideally those that sold because of him in the first place have all been shook out. probably.
same, this is still a bull market as far as i'm concerned. btc will hit 150k and eth 10k at some point. then i'll sell some.
i've been telling people to ignore this con artist for years. when he said tsla was overvalued that really really should have been it. but the libertarian fanboys that do not understand science still want to lick out his ass.
i have read literally zero things he’s written since this whole bullshit started. glad i got a head start on the “ignore the malignant narcissist” game
he is top human i love him sm
the fud is not the big deal, imo. it's the hype. we all fall for it. we want big enterprises on board with crypto. we want to be able to buy a tesla with bitcoin. that brings the pump. the pump is greater than the crash, statistically, as there are always sad folks left holding bags. we do not need to stop listening to billionaire fud; we need to stop giving them the power to administer it in the first place. accepting crypto for a tesla should be so standardized that if elon backs out we can laugh at him for being backwards.
i was gonna comment this. boy is way younger and way smarter
i could not be bothered to read this!
saying a true thing doesn’t make it more true, but it can help reveal it to those who haven’t realized. saying a false thing is true demonstrates at least some break from reality, and makes future statements come under more scrutiny. i’m not actually saying eth is superior or not or anything along those lines, but for those that think eth is superior and would rejoice from elon stating similar alignment can be separated from elon [or tesla’s social media person] stating something that is false or obfuscated
>as for “people will stop listening to him”...how many followers does any of the kardasians have? too many. but it is not just kardashians, it is anyone at all giving financial advice. think of the entire industry of people aside from actual advisors that is built around this. real estate gurus, tech enthusiasts, penny stock pushers, whoever. and yeah, people actually listen to them.
the problem here's was not that he promoted btc, why people do not understand it. problem here was blatant manipulation, whereas he said tesla is accepting btc and buying it, then he did 180 month later saying it is causing too much pollution. like dude did not know about btc energy demands? come on, he is manipulator, that is the problem. if he sticked to tesla accepting btc, overall be "with" it, instead of shitting on it, no one would be upset. no one even would be upset if he talked about it in different manner, instead he dropped the bomb all of sudden after whole world was on board thinking tesla is now fully supporting btc. that guy is a moron. now his stock is dumping and btc tesla bought is in red, he is so fucking stupid he thought he can say whatever he wants and he will always have his way.
now he is probably realizing how it feels like when your net worth is going down the drain because of external forces, just like crypto investors feel like when market dumped after his tweet. i hope tesla is shorted to 200
options don’t effect the underlying do burry buying puts would have no effect on the stock
buy more cheap shares for investors 🤦‍♂️
i have doge 🥺 i hope shit goes to a dollar
he is a jerk. i no longer like him
why would you fake to smoke a joint?
wait, that was a fake joint? lol damn that is weak. so rogan was fake smoking too?
> joe bogan lol
his public persona is kind of pathetic
never heard of him
he does actually smoke a lot of weed, tho, so i wouldn’t be surprised if he did really smoke it edit: and he 100% loves stirring shit so he got that out of it too
ya i mean he did kind of sound the alarm, if you were smart and saw the writing on the wall there was tons to be made
and i shall nev'r coequal ponder to buyeth aught he sells *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i’mma bark you an offer you can’t refuse
confirmation bias was in full effect
oh look his stock and btc are dumping now, his genius worked so well.
you must have bought shiba 😂
sounds like you took a huge loss on shib
yeah the guy who donated scam shib money to india instead of feeding into the bullshit is the rug puller
lol found the shiba buyer
did you mean to say elon? or do you not like vitalik? just curious i still kinda dig elon as i got into tesla when it was 50 pre split i will always be grateful to him for that but certainly thisappointed in his fud and crypto bs but maybe i’m missing something
if anything his name is even better.
he's giggling like a little school girl speaking alien to his poor kid who is on auto-fucked through his childhood.
people play armchair psychologist too much, i agree with you.
faaart in the wind. all we are is fart in the wiiiind
exactly, but looking at the comments under his tweets, it’s funny how dummies are worshipping him like he’s a crypto god. ridi-fucking-culous. some even cry about how they lost their life savings following his tweets lmao.
that sentence has so much truth in itself. couldn't say it better.
everyone does, but as long as the majority does not, his tweets are relevant for short term influence on the market and therefore also relevant for the people that want to ignore him. \--> i should ignore, but as long as the majority does not, i should not ignore.
the community believes in him
who what? i saw nobody, i just heard a fart
cannot wait until markets stop moving according to what any guy types into their iphones. > oh shit, oh shit! somebody somewhere posted something on twitter. guess we'll stampede because it seems that something is happening, but we do not know what it is. do we? mister jones.
who the fuck wants to buy a tesla with bitcoin? what the fuck wants to buy *anything* with bitcoin? i would never walk in a store with some gold in my pocket and say ahhh yes, let me get that motorcycle sure here’s the appropriate amount in gold 🥰🥰🥰
> we do not need to stop listening to billionaire fud; we need to stop giving them the power to administer it in the first place. difficult to implement. the guy's success is all about thisrupting whichever market he is trying to enter. crypto welcomes the billionaires and corporate interest, just not their personalities and mission statements. sadly, the two cannot be separated without heavier regulation. catch 22 for crypto, until the likes of elon turn into *the boys who cried wolf*.
also cuter and more endearing. and exponentially more humble.
if you did your research you would see all elon’s “achievements” are somebody else’s. he rides in on the shoulders of giants and stamps his trust fund baby name on everything. try again.
tesla is not doing well in china, the largest ev market... i think elon will have a hard time keeping his title of world’s richest man.
think he means he wasn’t inhaling because a lot of smoke was sort of floating around indicating it wasn’t inhaled and he sort of just puffed it
elon... elon john. he's a singer.
nope, i have a bunch of doge though! 😂😂
i'm safe! i only have doge so it did not effect me.
check my posts, wallet says very differently 😂
nah, i got the name right the first time. elon is fine.
you condition it hot, he conditions it cold.
the answer, my friend, is farting in the wind.
also the dogecoin subreddit 💀
most of the replies are just twet about doge pls
ya those people that cry about losing their homes - in the first place are complete liars and just total idiots. first off it is literally and totally impossible to lose a home in a week after a crypto crash. even if you became broke and could bot make house payment it takes months and months months before you lose a home. those people saying that crap are as worthless as their comment
thanks for the compliment!
> what the fuck wants to buy anything with bitcoin? i want to be at the point where my usd balance is so low, making a major purchase with bitcoin is legitimately practical that does, of course, require either less volatility or a large tolerance for volatility on my part
>i would never walk in a store with some gold in my pocket and say ahhh yes, let me get that motorcycle sure here’s the appropriate amount in gold 🥰🥰🥰 and yet we do it regularly. the money you get from your employer is largely coming from debt, we take a loan from our future self or the projected value of our current assets and pay for a tv set, a fancy car, a silly netflix plan. we are happy about it, trade our future for our present. that's why people are willing to buy a tesla with a bitcoin, just like some has made history by buying a pizza for 10000 bitcoins, because we trade our future for our present. the issue is not buying or not buying, the issue is valuing our future and get a loan from it to get a hedge today.
here's the part you may not understand yet. taxes, for one, dont have to be realized if you never convert to fiat or convert to another currency. if you had the ability to move money from your acct to tesla's to buy a car with gains tax-free, would you all of a sudden think that paying with that gold in your pocket is not so fucking bad after all? all this even moreso because the cost of a decent tesla is well above the first tier threshold for capital gains taxes (40k). have you *seen* what gemini's fee structure looks like when you start doing conversions in tens of thousands of dollars in crypto? i cashed 30k to buy a car a few days ago. it costs a small chunk of change and triggers taxation paperwork. me, personally...? i'd love to have the opportunity to make a substantial off-the-books purchase with *any* crypto.
i hope that too, probably chinese are stealing all tech they can from his factories while they are at it as well.
he’s third now. shitposting catching up to him
my question is different, why would you fake when you can really smoke it :)
i wouldn’t put that past him either. he’s such a troll
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explain rug pull then?
oh you are a doge guy fr fr 😆
u must be looking for the doge sub lol this is not it chief
i'm interested to know if op is a non native speaker. who says ridi-fucking-culous
> and yet we do it regularly. we do what regularly? when i spend dollars on a car those dollars are generally worth less in the future. i’m happy to have spent them. the same is not true for bitcoin. i mean sure, it could go down and sure the dollar fluctuates in value, but it’s intended to lose value and bitcoin does not work the same way. frankly, i have zero idea what you are trying to say with your comment. spending dollars, which lose value over time, seems much more logical than spending bitcoin.
i would like to smoke weed with this person.
so when you buy a car with .2 btc today (let’s say btc is 100k currently) and you got it for 20 grand instead of having to cash out, would you be happy with that decision years later , when the car has depreciated and your .2 btc would have been nearly 100k? it’s one of the most finite things that’s ever existed dude . 21 mil coins exist this still doesn’t make sense for some people ? lol
> taxes, for one, dont have to be realized if you never convert to fiat or convert to another currency. i mean the transaction itself would be taxable, no?
aspergers are running the world
that’s likely what’s happening!
lol maybe elon gets paranoia when he smokes vveed.
i'm right where i want to be
non native speakers do
if you paid 50 bucks for .2 btc and get a ,000 car for 50 bucks, i'd say you still won, despite what btc could potentially go to. this still does not make sense to some people? lol. if you never do anything with your money, what good is it?
what transaction? the one to tesla? only if they report you as a purchaser and then the irs can prove that the ethhash is yours. there's a massive gray area with that. i have no idea what would happen. we're not just talking about major purchases like cars though, are we?
lol ok says the guy diamond handing doge
> only if they report you as a purchaser and then the irs can prove that the ethhash is yours you’re acting like this is some random seller online instead of a major corporation who is most certainly going to thisclose this to the irs. > we’re not just talking about major purchases like cars though, are we? oh… no, i was under the impression we were talking exclusively about tesla but i see the person does ask about buying anything. i agree for general transaction it would be easier to get away with it. i was talking about buying a tesla.
i'm sorry, but what are you facepalming?
your ignorance. of course i believe there is no reason to never spend money… but this is specific af to bitcoin, in this circumstance. i would much rather be able to gift my future son (god willing) a better life than mine, due to my patience and wise investments, than drive a car vroom vroom that i purchased w bitcoin , when that same $. of course its all speculation and could be worth zero in the future, but given mainstream adoption and all the banks and large corporations getti on board we are past the point of “will it happen”. but rather when my facepalm is bc you’re comparing btc appreciation to literally anything , is not possible
>i would much rather be able to gift my future son (god willing) a better life than mine, due to my patience and wise investments, than drive a car vroom vroom that i purchased w bitcoin , when that same $. that very same argument could be done for any currency. the point is use your assets to increase your ability to perform and improve, rather than buy a tesla vroom vroom. likewise if you're into buying a tesla you already stole your son future, where it is worth dollars or bitcoins.
my ignorance...? i do not and will never have children. my money is mine forever. if you want to hold bitcoin to your grave and transfer to your children, by all means that is your prerogative, but i do not think calling people ignorant for taking and spending profits, when even you acknowledge that everything could be 0 tomorrow, is very noble. i sold 30k last week and have been dcaing a lot of ot back in through the crash. damn my ignorance, i suppose. i should have just held instead of doubled the size of my stack. 🤦‍♂️
ahh it makes sense now. you’re a self absorbed money hungry hippo 🦛 enjoy your money bro. go spend some !! 🥳
why change the society by making good policies when you can just numb them and enrich yourself at the same time
eth would not fix the wage problem and it certainly would not fix the healthcare system i'm not sure what your title is trying to imply
on a side note, legalize psychedelics.
as someone who’s faced economic ruin , serious health issues and serious depression i thisagree that we need more meds. we need a more supportive society. i’m not mentally ill, i’m facing challenges and need friends to support me. it’s not some mysterious chemical imbalance that affects me, it’s the hard knocks of life and need support to get through it.
how shitty do you have to be to reduce the depression of millions of people to "we just need more money"? people suffer depression for myriad reasons. not everything is about money.
exercise, meditation, living below your means, meaningful social networking, and sobriety is what people need. learn how to handle what you already have responsibly before being burdened by more than is good for you.
i used to think like that and used to be trapped in that broke victim mindset. but changed my mindset and started investing for the long term in crypto and other stocks only then i got out of all the points he mentioned. having said that in a way i still agree the system is by design meant to keep everyone poor. if cost of living didn’t go up so rapidly quality of life would be much higher for all. workplaces
ketamine is already effective and available. it’s just most can’t afford it.
i mean, we do need psychedelic therapy legalized and rolled out sooner rather than latter, so an argument can be made for us needing better drugs. or at least access to the ones that already exist.
also, even if you have a good job and can provide for your family, you can’t ever take off. and if you can, you know there’s a pile of shit waiting on you when you return.
it's completely fucked up that the reaction is "we need more drugs to combat the depression so we can keep the status quo" instead of "the status quo is completely fucked and we need to change it". what's even worse is that people are so blinded, they mindlessly accept that they are being treated this way.
this is correct, but emplore you to not think of small business owners as the elite financial leaches that are destroying our way of life. i'm a millennial small business owner who makes basically the same salary as my employees for the last 10 years. when the pandemic hit, i cut my salary to zero to keep food on their families tables and keep them employed. i pay them everything i can, and would love to pay them more if i could. i know i am not the only one out there doing this. i have dedicated my whole life to my team and my community. the true enemy are the huge corporations and the political elite. hang in there, and do not vilify small businesses in all of this.
i do worry about my children and how much worse off they will be financially compared to me when i was there age. it is one of the reasons why i have invested in crytpo. this is going to be a long time hold for the future
truth. so tired of the struggle.
so eth is going to create an entirely new economy and is going to solve those problems eh??
those that rule will never let the masses advance.
every time a boomer tells me to buy stocks i just buy more ethereum.
rise in depression means they need more physical activity. joining a gym and living a healthy lifestyle helps fighting depression.
governments shut down small businesses to consolidate power in a few corporations. we have corporatism not capitalism.
preach!!!! bring on the fair economy bring on crypto!!!! eitherum is the way
people are depressed because of social media, lockdowns, and the mainstream media.
fucking preach, we have been lied to since birth just for some rich psychopaths that cannot see past their own nose.
they want you to spend money on drugs in addition to all the things you just listed.
i agree that medical depression requires more advanced medicines, but having a sense of purpose and value is far more important. thrown into covid isolation by government, although perhaps well intentioned, ironically decreased a person's sense of value. the internet transfers information but it cannot love us like the touch of another human. and you cannot put that into a pill either. what to do?
not saying there is nothing wrong, but this sounds like a commie rant.
it's rare that one of these "fact drop" style memes makes sense and hits home... this is a good one... people are burnt the fuck out
i’m getting sick of this victim mindset bullshit. we live in a great time. make something of your lives and stop blaming people
the system is a broken joke. those at the top feed off those in the middle and the bottom. keeping them down and stealing everything they can from them to line their own pockets
the truth is that even with better drugs, most americans cannot afford to go to the doctor to get them. the problem compounds even if we do not consider the response in the second tweet...
that's not true. i mean yes we need a better economy no doubt and all he said is correct but depression is a medical condition, most likely has to do with full body inflammation and incorrect immune response. depressed =/= sad.
it's hard to believe that this is a real tweet from reuters, it is so monumentally stupid.
what the shit does this have to do with ethereum or the trading of it?
can’t afford student debt? then stop taking out massive loans for degrees that make no money. underpaid? learn a new trade. stop blaming the so called rich people for all your problems
my mom is an old hippie. she went decades without smoking marijuana because she could lose her job with a thc positive drug test. she retired last october and started smoking and taking edibles sometimes. she has come off of blood pressure, blood sugar, and anti depression. it's a conspiracy man.
the student debt point is ridiculous. you elected into taking out those loans. your debt is yours alone.
success brings success. if you can do anything successfully your odds of future success increase over time tenfold. this holds true with everything. people get made because of the 1%, when in reality it is a proven success record over a long period of time. if you save ,000 and have opportunities of ,000 you have 10 chances, versus someone who saves ,000 and is all or nothing. this is capitalism and why citizens of every nation flock to america. it is the land of opportunity. but no one said it is easy. at some point, you are going to have to earn it and pay it forward!
exactly... we need a better economy and crypto is going to be that!
the issue is that we’re too comfortable and have abandoned the ideals that gave us true meaning in life. we’ve moved away from god, and lost our sense of community. we’ve abandoned the idea of the family being the center of our lives. we are more isolated in the internet age, and have a stream of sugar, porn, and meaningless entertainment on demand 24. we’ve replaced everything that used to be meaningful with trinkets, bread, and circus.
yeah yeah, living in the us is just so terrible. it's not like you are living in the top 10% of places on earth.
this has very little too do with crypto if anything.
i’m totally for crypto, but the rise of crypto will just make sure this gets worse for most people…
thats an agitator speaking in generalities. people are lazy and expect too much
tried that and the globalist along with the sheeple participated in destroying any chance of that. enjoying the gas prices these days along with the flaccid crypto market? fucking pathetic
not sure how yusuf managed to have enough money to buy the device or pay for the service. hard to imagine how he can afford to breathe either.
being poor is a thisease. a thisease created in labs of large banks and cooperations
dont forget to add taxed to the wall, paying for most of other countries military and aid, paying for the lazy unemployed, paying for welfare... why the working class cannot get ahead a little ... just work and die lol but “thank you” countinue working hard, being taxed and helping out the world , lol 😂
omg! is this true? then why everybody wants to go to the usa? it sounds depressing!
let’s not instill kindness and togetherness….family time promotes happiness and staves off depression….so let’s destroy families. let’s pretend that 30 hours a week in a retail store is too much work …...doesn’t matter that our great- grandparents had to plow fields by hand and then go hunt, clean, cook, tan hide , just in order to survive. yeah…that 30 hour job at the dg is just too much to handle
lol, so now crypto is socialism?
well you shouldn’t of voted for joe biden then. just saying.
i used to believe this but really people are just soft pussies now. there are great jobs out there if you want them. it takes hard work to make money and build a life in which you have lots of responsibility. they do not just hand that shit out.
until the rich start paying with their lives nothing will change.
living within your means is not difficult.
this has nothing to do with ethereum. also people crying and crying. 200 years ago, you would say what over worked and under paid looks like. people today are so lazy and ungrateful
this only applies to middle class. if you are unemployed with 6 kids, or a homeless crack head, uncle sam will take care of you. the middle class will pay for it.
joe biden stole the election he admits it on tape “ i’m apart of the largest voter fraud organization ever “ -joe biden
stop voting for socialists and you’ll have a better economy
well that happens when you are on monetary heroin.
ethereum and hopium are my the drugs i take to cope
this sounds like fight club
now try being from a third world shit hole.
this is like the perfect example of how manipulative the news can be.
i’m not at all depressed and all of that garbage in yusuf’s post is minuscule when compared to struggles other generations have endured. eth & crypto is just a very obvious natural progression to a new method of accounting. i’m not here for the social strife babble.
that is absolutely true
no you really need new drugs 👨‍⚕️
give eth a few years, it will fix that issue
biden spent a lifetime enriching the trumps of the world. never forget, it’s us vs them. keep punching up.
we need the big guy to take a big fuck off.
my husband has a phd and we still can’t afford to buy a home and we’re pretty much living paycheck to paycheck. ,000. student loan debt-higher education doesn’t even help at this point.
we need better government period.
suicide is down two years in a row from what i can find. this is a myth that needs to die.
this is some r.
depression drugs are a temporary solution. those boys at the top love temporary solutions. crypto is a permanent solution, dont forget that.
yusuf sounds rather whiny, but what do i know. just hodl or something
soma! we need soma! brave new states of america!
u can thank zuck and fb for the rise in us suicide
we do not need "better drugs" we need better habits. we need better conversations. we need better relationships. those will usually come by doing the opposite of what the world does. everything will change when you change.
not that i thisagree completely but let us look at that closer... in most other countries the situation is worse. lets look at mexico. they are worse off on everything you said maybe except for student debt. i believe the us suicide rate is twice as high even though americans have it at least twice as easy. i do believe the financial system is broken and unsustainable, i dont believe its the cause in the increase of suicide rates. imo it goes deeper than that.
need mass confiscations of anyone holding over 1 billion dollars.
i'm sorry guys, today's i stopped hodling
this post belongs on self aware wolves. the majority of eth is held by a small amountnof wallets.
*brave new world* by alduous huxley is becoming more and more a reality
i'm depressed because eth keeps bleeding
it’s a rigged game and the vast majority are played to the maximum.
or federally legalize marijuana.
i’m depressed because i bought 2 eth at .
“imagine a society that subjects people to conditions that make them terribly unhappy then gives them the drugs to take away their unhappiness. science fiction it is already happening to some extent in our own society. instead of removing the conditions that make people depressed modern society gives them antidepressant drugs. in effect antidepressants are a means of modifying an individual's internal state in such a way as to enable him to tolerate social conditions that he would otherwise find intolerable.” -ted kaczynski
🚫so-called antidepressants. my mother married her first husband when see was young. he suffered from ptsd in the aftermath of wwll. he, i don’t his name, died from electric shock treatment — a common occurrence in va hospitals following wwll. the field of psychiatry is still in the dark ages, in my opinion. antidepressants don’t solve any underlying problems. they keep pharmaceutical giants’ coffers filled, that’s about it.
so attack them economically sure no one in this thread will have a problem with that
like we can afford antidepressants.
we had better... we ridiculed it and destroyed it and put the typica scum back in place because the msm said so
“lets treat the problem without understanding the root cause” perfect example of unconscious bias to protect their pearls
dude is correct 100%
do we really think things are more difficult now than they were at any other time (thisregarding the post ww2 boom years)? my grandparents lived through the 1930’s... imagine living through the 1700’s or 1800’s and seeing how people today bitch about how difficult life is. if our great grandparents could see how we live (and bitch about it) they’d kick our asses. change my mind.
mark fisher calles this viewpoint [capitalist realism](
what is the goal of any corporation?
big facts but will this message do anything? noooo sir 🥱
we need a different goverment as well. one of the aspects of the value that cryptocurrency, or possibly cbdc, could offer society that i think is really quite wonderful is that financial wealth can be re-thistributed in large amounts and a relatively small number of people would not be able to control the wealth thistribution ot tie the ptocess up with red tape. the tragedy i think that severely complicates the potential for crypto is most people are not going to pay their fair share of tax if they can help it, and hiding vast amounts of money is exactly what cryptocurrency enables. cbdc might help solve this although i have not read enough about them to know.
i'm a boomer, the worst generation in history. gen z is the second worst. these generations have done their best to make slaves out of everyone younger than them. but, just wait. the demographics are quickly changing. you will soon have all the power in the world. your glory days are coming.
western medicine likes to treat symptoms instead of the cause.
we need a better economy and mindmed to develop new psychedelic substances to cure mental health issues. if your not on the mindmed investors sub. get over there
but better drugs yes, that too please.
guys can i come over? i'm sick of living in a country that does not even talk about this.
divide and conquer. the reason the fox, oan type news outlets exist is to promote polarization of the populace. point fingers, constantly, to the "other side". do everything you can to promote thiscord. blame the other side for society's problems. if you successfully pit one half of society against the other half, the other half is roped into the game. the puppetmasters can then go about their business as usual, soaking both halves for thier labor. even better if you can convince one half that this is "the american way"
fuck solving the problem! just patch it up!
can't it be both? i'd like better drugs too.
when the rich effectively govern themselves it is inevitable
interesting fact; the believed "real name" of jesus christ was yeshua bin yusef.
quite crying lol it takes hard work, thiscipline, and overcoming struggles.
better economy?? the economy is absolutely on fire. who is this moron? typical whiny dbag who can’t get ahead so he blames everyone else for being a loser
we are the richest people in the history of the world, but we have turned away from religion and spend our lives looking for other things to worship.
things would not change. the future is global and it is time for people to return to how they sued to be: nomadic.
there are a whole host of issues besides economic that are contributing to this issue: debt, demographics, automation, wealth and social inequality, falling productivity, scarce resources, globalization, the pandemic, the climate crisis. the earth has provided us so much wealth, but it is almost exhausted. we will need to adopt a truly sustainable existence so as to not further degrade it and our standards of living. adopting ethereum can certainly eliminate waste and level the global economic playing field so that everyone has equal opportunity to participate. but it cannot prevent greed and corruption from poisoning progress.
i wish i could show this to an american lady(karen) who was telling me on reddit 4 months ago that europeans are stupid to think americans can’t afford healthcare and it’s all just myth. she was living in spain btw. i stopped asking why as there was no point...
yusuf and those that think like him have no concept of human history. for most of the existence of the human race if you were the average person you worked hard manual labor from sun up to sun down, you were paid in how much food you could reap from the soil, you had no education, your doctor was more likely to kill you than save you, you built your home with your own hands, most of your kids would die before reaching adulthood, the wealthy (royalty) would own all you labor, the land you lived on, your house, your tools, and you. we do not need better drugs, we need a reality check. the average person in western society is among the most privileged people who have ever lived.
don't worry, trump will be back to fix what the current illegal adminstratiin is and continues screwing up. fight me.
federally legal cannabis will solve most of these problems tbh. except for the underpaid part
millennials are such pussys. if you went into debt for some bullshit degree that is on you. suck up and go to work, stop fucking whining. pay your dues like everyone else you lazy fucks 🤡🤦🤷
what a whiner! grow up already!
crypto is the opposite of destroying the structures of capitalism that oppress us.
cute people think crypto is going to solve inequality. it’s the same people who will hoard cryptos.
umm, how about don’t live above your means, and if you don’t like your low paying job, go get trained and get a better paying job?
dont make excuses. get a better job make more money. shit get 2 jobs or just be the boss. poor people make excuses and rich people make changes. its all about mindset and taking action. im not rich but i wont sit around and blame everyone else. ima keep trying new things until i am.
you are depressed because you are weak and lack coping skills
or just leave usa.inc
what a whiny bitch.
we live in a time in the west of the most prosperity the world has ever seen. in fact, the entire world has ever seen. yet, we look for others to blame for our mindset of victim status. we look at history, slights, micro aggressions or feigns of virtue to get angry, depressed or violent. we don’t say and, for ourselves but look to “others” to fix these alleged transgressions by minimizing others great thiscipline, work ethic and. the best thing, for now, is you too can go out there and get it. you can! i started off poor. i strived to be be a film director. i sacrificed. i gave up time with friends and family. i lived hand to mouth. i was so immersed and so dedicated i didn’t have time to realize i was poor and scraping. i suffered and it sucked but i learned a lot. spoiler alert: i came up way short. never even made it to cali. dream deferred. dream over! now, all that time chasing a dream i failed to achieve gave me lessons to achieve a livelihood to now take care of a full house. i still fail but i never quit and i alter my directions when i need. i teach my children the same. it is ok to fail as long as you try and not just try but try your best. failure is always lurking and you will have more failures than successes, however failures you can learn from and create a better plan, a better you. find mentors, nurture thiscipline. get up early, sleep less! motivation is crap. just like feelings, motivation is fleeting. and remember on the other side of suffering is a momentary sigh of success before the next mountain to scale. the journey never ends until your last breath. life happens. some out of our control. but a lot is in our control. grab it, love it, nurture it and make it yours be kind. be grateful. smile. best of luck. be exceptional among exceptional people.
we in the usa and you if you have a phone, are probably some of the most fortunate people in the world. and yet, we are some of the biggest complainers. stop complaining and work harder, get a second job or get a better job. yes things can be tough but damnit, we are alive! start recognizing the opportunity you have!!!! an immigrant here has more opportunity here than some privileged person born here. why???? they see the opportunity and work hard and take advantage of it. wake the hell up
if you have a shit ton of student debt and are underpaid then that’s your fault. edit: if you live in america then i believe this. i can’t speak for any other country.
it’s the drugs that are causing half of the suicides , take the red pill and wake up people !
it all starts with a fake fiat system with no backing. without low interest rates all this bs could not exist.
don't forget the people at the bottom getting all that for free off our dime. top gots it already, middle works to get it, bottom gets it for free by doing nothing
what a brave new world! “a really efficient totalitarian state would be one in which the all-powerful executive of political bosses and their army of managers control a population of slaves who do not have to be coerced, because they love their servitude.”
them: yep...brainwash them to fight each other while we look at them and laugh, while we steal all they have. they'll own nothing and be happy.
but biden will save us... it bothers me that will looks the way it does.
wherefore changeth the society by making valorous policies at which hour thee can just numb those folk and enrich yourself *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
hmmm this could be a r
there's also no wage problem: the maximum price of an hour's labor is an economic reality that does not just go away. if you mean a minimum quality of life for citizens, just say (and fix) that - do not fight reality.
one of the hopes of cryptocurrency is that it influences a new form of the economy. i'm just referencing that idea. but at the very least, crypto is giving many of us a road to a better life.
there will be a power replacement for sure tho. never understimate the money power mate.
actually, daos can fix the wage problem. the jurors of aragon courts are already paid full market value for their work.
no but eth can serve as a catalyst for millions to finally free themselves of the shackles placed upon them by our highly capitalistic society driven by the manipulation and exploitation at the hands of the top 1%... i'm not sure what the point of your comment was.
it’s a bernie bro pushing for , free college, free healthcare, loan forgiveness etc
a lot of people are mischaracterizing what they’re feeling as depression when it’s actually that they’re overly stimulated from constant device use and just feel like normal life isn’t enough.
yeah, let’s create more degenerates that’ll contribute nothing to society. big brain thinking
there are a range of causes with depression, so meds do help some but not others. all of those affected would benefit from a more supportive society as you say. stay strong friend.
i am bipolar and was on 10 meds 1 year ago because of bipolar depression (on and off for 10 years): my problems were my jobs (had 3 consecutive jobs with some aweful, weird and mean people) + a bad relationship with (at the time) toxic sister now i have an amazing job and my sister and i arw now in an amazing relationship : down to 2 meds (sometime need a third to calm my psycho brain). i totally agree. i do not think gp should be allowed to prescribe psych drugs... they over prescribe to people who often do not need them and it ends up fucking them even more... because their issue is not a chemical imbalance but a lifestyle imbalance. hope you are good and well friend ❤
johann hari's book is easily one of the best books i've read in the last few years. really changed my perspective on how we view depression.
i think depression is just another form of natural selection
i’m from italy, moved to the us for college and medical school. i must say, there is a big difference in society….not saying one is better than the other. but i noticed that in the us, some people find value in their “title” or job. some people look down on others because someone is “just a cashier.” compared to europe, as long as your family is taken care of, you’re happy working at a gelateria when you’re 40 years old….on the other hand, the us has so many opportunities that my home country doesn’t have. i’m using medical as an example because that’s my field. but the us has respiratory therapy, occupational therapy, massage therapists etc. in italy rn’s do respiratory and occupational therapy…having these specialists have a benefit of giving patients experts in fields, while also giving people the opportunity for good careers
>it starts with cultural and societal expectations, i think americans are simply so entitled that they cannot handle when things do not go their way; not to mention their dietary and nutritional habits are so poor that their bodies are not getting proper nutrition (and good mental health starts with good cognitive and physical health). true this, i lived in indonesia for a year, one of the happiest and colorful people i have met despite low income. my home is australia, we are one of the most miserable people on this planet, lots of hate, anger and misery, with one of the highest male suicide rates on the planet
this. the tweet is so incredibly entitled. americans - all of them - are among the richest group of people to ever walk the earth and yet all most of them do is complain. they couldn’t fix a flat tire yet they think they can somehow “fix” the economy. do you make ,000? *congratulations*! you are the 1%.
or maybe money =/= happiness? by golly there just might be a whole array of psychological needs that aren’t met with an iphone and a netflix subscription
a big problem is that our “societal and cultural expectations” creates a class of wannabe sociologists with unremarkable intelligence that traffic in repugnant racial polemicism, and forsake their genuine humanity for petty and stimulating media in exchange for submitting to the slow decay of their potential for prosperity and honest community. truthfully, we do deserve better.
for real, stupid post
i think most of the people here are teenagers who do not know what actual life is.
depression is usually influenced by a multitude of factors that push someone with a range of neurobiological thispositions over the edge. this is a list of some of the reasons such a person may be stressed in such a way as to cause a depressive episode.
>i used to think like that and used to be trapped in that broke victim mindset. but changed my mindset and started investing for the long term in crypto and other stocks only then i got out of all the points he mentioned. this is the way bro. lions, not sheep.
it’s not as simple as ‘just change your mindset’. the system is broken.
many families are still struggling today since they find no way to get better. it is really a sad reality since they keep on working long hours but see no improvement. it's either one thing or another: people are excluded from better opportunities or are underpaid in the workplace. even with improvements in the economy, many households will find it hard to escape debt.
you invested with your survival money? or are you bullshitting about being broke and now trying to boost your ego by blaming the victim
same- huge victim mindset and when i finally hit six figures it got worse because i had viewed that threshold as the “i made it” point and got really depressed to realize that six figures even doesn’t cover everything you and your family need. it wasn’t until i hit around -.
drugs we can’t afford no less
if only all business owners were like that, but not even close. good on you all the same.
this is the wei
which government? which corporations? where? when?
exactly, just be a good little consumer so they can drain you for all you're worth.
well said. my answer to that final question is to meditate, find, and plan for what comes next.
this guy fell out of a propaganda portal from the 1940s lol
that talk comes from well off people only. be 45yrs old and still slaving from a wage and i bet you would not be so almighty
the bottom are uneducated. society does not pay premium for work that can be automated. society advances and only rewards new innovations.
focus on the number of americans loafing around doing nothing instead of working. then your problem is solved.
what the fuck does this have to do with ethereum
not a goddamned thing, honestly.
most of the 1% were born into the 1%. luck plays a huge role.
very unpopular opinion here and i have to clarify that my bags are terrifyingly heavy when i say this haha- how would a pow or pos system help with inequality when those in power are those that can afford large scale mining farms or under pos, simply hold the most money? crypto solves a lot but i’m failing to see how it solves inequality other than for those that hitch a ride on the rocket early or use it for remittances or live in a hyperinflation environment
this hast very dram too doth with crypto if 't be true aught *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
easy man - i really like cat stevens.
they do not, that is a myth. as soon as you visit the rest of the world it becomes apparent. -signed, an american expat living in new zealand
trump is still president , and before the end of joe's first term, joe will admit trump was still president, followed with "with that said, trumps served his 2nd term and cannot run again! and i can run 2 more times!!" lol. dems stole it ! p e r f e c t i o n.
biden is a millionaire
and biden enriching himself as well.
phd is usually followed by long periods of low wage researching unless you become an educator, which in itself is hard to do without connections.
i also have a phd and hear the struggle. though most phd are subsidized, you have my solidarity.
it’s up drastically during the plandemic for young people
depression is most often due to neurochemical thisposition. these are just some of the factors that can push such thispositions over the edge
fuck globalism and the rest
ending the war on all drugs will help solve most of these problems*
how is creating more pot head degenerates going to help society
no you suck, get your political rubbish out of here
“once you elect more of my cronies we will fix everything!…i promise, it’s the other sides fault!”
how many articles have been coming out lately: “soon, you’ll own nothing, and you’ll be happy about it” yeah i’m real excited never to own a home or have actual freedom. whoo.
hell does not await. we shall build it, for them.
make sure you get one faction to reject education and critical thought, while simultaneously claiming those things *are* the brainwashing of the other faction
it’s not biden, it’s all politicians.
or just shrooms, works for everyone
my favorite sub to laugh at memes and over-simplistic views on economy.
you’re unwittingly conceding that we need a new economy for the same reasons that he was talking about.
when you do not realize that as a crypto holder you're actually an uber-bourgeoisie that marx would have hated even worse than capitalists
is market value different than what is in the op of "full value of their labor?" how on earth do you determine the value of labor outside of a market?
ok, but 99% of eth traders want to be part of the “1%”
to be completely fair, that would only a specific set of people who invested in the first place, and lived in a place where they were able to be technologically engaged enough to even allow themselves to absorb the realities of crypto. i'm bullish on eth, but i wouldn't lie to myself for a minute about the concept of it helping out the people who need it most. the people who need to most, honestly, or the dudes who i literally wouldn't even be able to start explaining the dynamics too because it makes them so mad to hear about even potential success that others have been having easily without them. yeah, i'm sure some of the people who bought bitcoin at -100 really needed it, but how many people who were legitimately suffering and barely getting by do you think actually flipped their lives like that? again, i'm bullish on eth, but crypto does not fix shit for the perspective and mindset of the people who need it most. the synergy between economic and mental sickness is strong with us, and the people losing the most are not going to make it to the boat, even if it did come in time.
lol this is one of the most ignorant, prejudiced, and closed-minded things i’ve ever heard. ok boomer.
somebody doesn’t know anything about psychedelics. you could’ve just said that.
thank you. i was going to add that not every situation is like mine, sometimes meds are needed. but i do believe here in the us we could vastly cut back on meds if our society would be oriented towards helping each other better.
i cannot agree with this. a more supportive society will only help keeping the status quo. you do not need a more supportive society, you need a status quo which does not *require* a more supportive society. not saying it is a bad thing, but in the end it is not actually helping changing anything.
i’m happy for you that things are getting better. my wife and i and three children have lyme thisease and contrary to what our all knowing government says it’s not easily treated. insurance doesn’t cover most treatment and treatment is very expensive. i’ve spent the last 5 years very miserable
this type of comment is exactly what’s wrong with society. you don’t understand, you don’t care. please delete your rubbish.
in the us being the best is expected by your peers, which is a problem because every one around you is expected the exact same thing by his peers.
i agree... i spent time in indonesia as well and that was a huge eye opener to the fact money doesn’t guarantee happiness.
this comment is itself an example. the americanism that stresses everyone out is the *transactional* nature of our society where everyone is ranked based on their income, instead of having an actual society.
it’s so incredibly telling you interpreted their comment this way lol. they were saying that money does not buy happiness, and that american society is fucked preaching that it does while also making it harder for people to achieve regular happiness through all the things that other countries manage, even ‘third world’ ones like healthcare, nutrition, and (most importantly) not being bombarded by propaganda from birth telling you that you need to be wealthy to be happy, in a country where income inequality is soaring out of control. saying that people who make % of the world is the most oblivious fucking take, because if you make . americans are miserable because society tells us that if we work hard enough we can do anything, but there are very deliberate barriers in place for most people to advance beyond the social class they were born in. wealth mobility is basically stagnant, most ceos are the children of already wealthy businessmen, and some of the hardest working people are those holding down two or three minimum wage jobs just to try and pay rent and put some food without proper nutrients on their table.
nah i thisagree, america is just beyond fucked up, we have housing problems and shit as well (am dutch), but demanding affordable medical care is not entitlement imo, neither is having a completely screwed up housing market. i'm high af so idk if i'm playing devil's advocate in a sense here
the current monetary value paid in wages to americans in comparison to people in the third world is immaterial to the fact that the people who benefit the most from said economic system do so by most efficiently thisenfranchising and ignobly eroding the dignity and prosperity of americans. no one with the courage to say no to evil people would be satisfied with the current state of american corporatism and finance.
can't afford medical treatment or 3 meals a day for your kids but at least you can take comfort in the fact that you're still the top 1% of wealth worldwide! 🌞
they do not invest in their education or themselves is the problem.
oh you poor fucking thing stressing with your 130k
yes, this the way
state governments shut down small businesses while walmart’s and amazon remained open
do you have any suggestions for meditation? i try to contemplate my role and our roles in life and that has helped when pills could not. thank you for responding and i hope you are in the right place.
i’m torn on this subject as i was not born into money, worked hard and am doing great now but i always have to remind myself that yes i worked hard but also the stars aligned to be in the right jobs at the right time to be able to jump on the right opportunities, and that comes down to dumb luck. i definitely don’t have a victim mindset anymore but i also have to remind myself daily how fucked up it is that life often comes down to luck.
this, the guy above you is thisconnected from the reality of the masses.
nope. just someone who takes some ownership of their situation
i spent 5 years in education and i can promise you those who have it are no more educated than those who don’t. all retarded monkeys who cannot think for themselves in my opinion from what i’ve seen in life
i agree but if you live in us or most other g7 nations you are in that group. it only takes + to be
this is false. well over half of millionaires are self made.
a programmable economy could change it, a mere coin would not. blockchain is the tool in the hands of the people, hence the importance of decentralization. the people do not have the resources or trust to build a new paper currency, blockchain tech changes this. depending on how it all goes down we may just as well play into the hands of the 1%.
crypto does not solve inequality at all. it does however solve accessibility. providing financial instruments for the underbanked for example.
they did steal it did they not impeach trump because they say he used russia to steal the election in 2026 then impeached him in 2020 and said he’s falsely claiming a election was stolen??? so now elections can’t be stolen only if a republican wins then it was because russia helped hack it right ? get out biden is literally on tape saying “i’m apart of the largest voter fraud organization ever “
he’s probably a hundred millionaire
he’s a clinician but insurance companies don’t want to pay for mental health services.
what do you mean by subsidized?
you guys are pretty much relegated to slogans and complaining but never looking for solutions
do your research. cannabis helps many people for many different things. not everyone who smokes is a degenerate, just like not everyone who drinks is a drunk loser.
do you love your servitude?
i strongly believe the current political game we have is just to give the people the illusion that we have a voice. i do not think we actually do anymore.
2 sides of the same coin. its the other sides fault
whoopity doo in deed. they really think we have a sub 50 iq... fuck' em. wef. i'll own stuff and be happy. i would not rent anything, i'll buy. makes you think though...if that is what is in the open...what is hidden from us. scary shit. anyway, we have each other here. great group. 👍
i don’t think you understand the argument there, because that’s not what it is. don’t reject education or critical thought. just reject ideas like the us not being founded in 1776.
i’m not sure what youre saying either, when you speak of education and critical thought, are you referring to marxism, critical race theory and gender studies?
but it starts at the top. it starts with biden.
pretty much any crypto sub i know has no grasp of economics whatsoever. they'll tell you that their currency can cure you of illness, improve your sex life, buy your house, and walk on water. whatever makes you buy, they will say it.
i'm suggesting a ubi.
it's weird that it is posted here, but r.
[marx would have traded dogecoin]( marx did not hate the bourgeoisie, and owning a few million in crypto does not come remotely close to being a legit capitalist.
apparently, i have not been clear enough, given other comments: this kind of daos is a market in itself, letting offer meet demand in a decentralized way.
the stupidity and ignorance is unprecedented
i'm only talking about market value, nothing more. the fact there is no centralized third-party removes assymetrical trade and makes sure competition provides to workers the best trade between the value they provide and what anyone else can accept to pay for it. it's a bit like having all employers having to compete in order to get your work, all while having anyone interested in such work being able to be such employer. i do not know what op defines as "full value of their labor". i guess most communists consider it is some kind of full value produced, whatever it means, without any consideration to what others would be ready to pay, which is pretty inefficient as it wouldn't urge people to prefer other markets when there is already to many offers. as offer grows beyond demand, there is a need to select which offer is preferred. the best way to do so is by reducing the price until there is just as much offer as demand.
you're greatly underestimating how many of us are not just memeing about the "i've always been poor" analogy to hulk always being mad when the price keeps dipping. (well aware this sub is not all broke, and some deffinitely want to be jeff bezos) but for a lot of people it is more the dream of just reaching anything even close to a fraction of passive income, not to "reach the 1%". if i wanted to be part of the top 1%, well... i'll tell you what... i'm fucking doing it wrong lmaothere is a lot of space below the top to enjoy literally any gains. idk why everyone thinks that we are all either content with nothing or need everything. the average person just wants to not have to struggle to get by, and i legitimately believe that is the bar. but we all move around how high that bar needs to be to fulfill that want, based on our perception of dollar worth.
can’t give a valid argument?
it was a poor game of thrones reference.
if you cut back too hard we start making our own :( we have too many closet chemists, and too many dependencies now. unfortunately most people seem to be focused on not helping each other, let alone big pharma. the social economic state pretty much guarantees that the small man will also burn the village for a profit if it gives him a chance to get out.
i hope your family is ok! ❤ i wish you and your loved ones prosperity and health my friend 💞❤ my coworker had lyme and dr's here refused to admit she had this or test her. she ended up going to the us to get tested and bring the result to her doctor!! even then he was reluctant to giver her the treatment.
no, i do not care. nobody is going to come in and fix your problems, and nobody cares about your problems because they are yours, not theirs. don't expect that to change.
dress cleaner, be picky about your ubers so the car looks nice, and refer to your unemployment check as "investment returns". before you know it, instead of living in poverty and're an quirky entrepreneur in the eyes of your peers :) you'll be elon before you know it.
of course it is about income. we live in the wealthiest society in the world.
talk about an oblivious take... what are these so-called “deliberate barriers”? 56% of american adults will be in the top 10% of income earners for at least a year. 39% will be in the top 5% for at least a year. when talking about inequality often what you’re actually doing is comparing different people in different phases of life. young people are generally poor and older people in their earning prime are generally not.
i don’t see anything wrong with your comment… universal healthcare is a must. affordable housing too. we’re depressed not because we don’t make enough money. we’re depressed because the money we make can’t buy a decent life.
i like how some insane wannabe-capitalist downvoted your post, i can only assume with the perspective “if i don’t look at poverty or economic struggle it doesn’t exist”
how can you invest in education or yourself when education costs are out of control and your employer (or employers) are taking all of your waking hours and barely giving you enough to live on in return.
i love how much hate people seem to have when someone tries admitting that they are lucky… and no, i’m saying that was the point where i finally stopped thinking about it. to be clear, 7 years ago i was making
in the country where i live, amazon had to compete with every other online presence. and our local equivalent of walmart (carrefour) was subject to the same rules as every other grocery and bodega during the 1st lockdown. same goes for the neighboring countries. so whether large mega-firms were shown favoritism in your jurisdiction is a strictly local matter.
if you are just starting out with meditation, i believe the best way is breath awareness meditation. it is simple, and works as a great basis for other forms of meditation or even just some simple stress reduction during the day. the goal is to focus on your breathing and let all other thoughts just come and go until there are none left. it gets much easier with even a little practice. plenty of good work our there on this topic. best of luck to you.
this is the correct way to see it. even those who succeed, even if they have worked hard and faced many difficulties, have had a good bit of luck along the way. seeing this is wisdom, ignoring it leads to narcissistic beliefs.
i have put a good 3 years of physical hard work into getting the high paying job i have now. it is not luck. i just kept at it until opportunity presented itself
and some of you guys are thisconnected from the rest of the word. typing on your .25 usd a day
good for you dude, go look at hibulbans comment towards the top. said the exact same thing except better and not narcisistically
those stats are self-reported by millionaires, who often downplay their privilege. maybe not 1%, but the majority come from wealthy families.
"so now elections can’t be stolen only if a republican wins" so, now elections can not be stolen only if a republicans win. lol. yes. only in republican wins, it is considered not stolen. yup. also kudos for such a devious plan dems.
paid for and come with a (small) stipend.
who is “you guys” and globalism doesn’t benefit our country. the other countries get all the benefits because the us is the global power house of the world and everyone else’s just leaches off us
ok, sure. legalizing weed will definitely have a positive affect on the society as a whole 😂
theres people with that ideology, they pretend to grow, study and work for the big guys, and somehow they are happy with it.
enough that i'm not currently engaged in an armed revolt. that is all that is needed. “... most men and women will grow up to love their servitude and will never dream of revolution.” this quote reminds us of dostoevsky as huxley writes that, in the end, people “will lay their freedom at our feet and say to us, ‘make us your slaves but feed us.’” in this society and in ours, people are comfortable handing over freedom to people in power in exchange for safety and stability. in this exchange, people learn to love their servitude, choosing it over any dreams of revolution.
i've been able to hear all the corporations voice loud and clear though. 🤔
come into power, fuck up everything, blame the ones before, repeat but from the other side.
i’m sleepy right now and i don’t understand what you’re saying...
while i also thisagree with the schemes to re-write history to fit a narrative, i do not believe telling someone which idea to reject or accept is the correct method. that is the opposite of critical thinking. dyor, look at both sides and come to your own conclusion. then if some more facts come in: rethink your position to determine if it is still valid. i am not sure what you mean sorry...
i have no idea either... i was speaking of the media and the government playing all of us against each other to thistract from the fact that they are slowly taking away our liberties and freedom.
you are part of the problem
bro chill it’s a digital asset not tai lopez’s 67 step course guaranteed to increase your knowledge.
psychedelics are an incredibly powerful tool for emotional. just like any powerful tool, they can be harmful if used incorrectly. if used correctly they could have profound life changing results in just one dose. its sad that bigots like you still exist because otherwise they’d be decriminalized for further study.
curious to hear your dumbass response to his valid argument. sell your eth and fuck off smooth brain
i could, but there’s no point. i’m not interested in trying to change the mind of someone who’s dug their heels in so hard on a subject for the sake of fake internet points. my response was a means to thismiss your opinion on the topic as i view it as irrelevant to my own. i’m sure there are a million things we can agree on, however this subject is not one of them. take care.
wow. this whole lyme thing is a terrible thing
i know they are my problems and i intend to deal with them. what is needed is support while dealing with it. people like you are what drive the depression numbers up, you should be ashamed of yourself. stop spewing crap and go listen to the ted talk i posted. go educate yourself, you are ignorant.
your life is better than 99.9% of humans who have ever lived. i can say that and i know nothing about you.
i think the op above me thinks he (let us be real, it is he) would not be bottom rung one day 🤡 and he can tell all his minions he is expecting thank you letters for their 35k%.
cmon man everything is free on the web youtube or mit courseware. and books are easy to find in pdf form or cost . no excuses. calculus came out in 1600 we're in 2021. put in the work to stay relevant.
breath. i guess we all have that in common even if some have no heart at all. you're response was a breath of fresh air for me. i hope you win the lottery.
right and that is my point- if you don’t work hard then opportunities will be blown but i’m fully aware that it is luck being in the right position at the right opportunity and that doesn’t happen for everyone. that is the luck aspect
i work with people from around the world, including those in developing economies who are escaping poverty in part of income my business provides- do not even think about shaming me from your arm chair.
the fuck does this matter to some check to check kid who can barely make rent?
voicing an opinion doesn’t make me a narcissist. and belief in a persons ability to pull themselves up and create a successful life is not a negative thing
what i’m saying is “i’m apart of the largest voter fraud organization ever “ oh wait that was joe biden on tape :)
oh no, no one is paying for his degree but us 😂😂
the people who frequent this sub which i just unjoined. and that is the point of the great reset. americans will be the last to know the world does not want to be run by the us anymore looks like. the us siphoned off talent from the entire world to become what it is, was literally built on the backs of african slaves and european serfs, bought land from spain and france, and sabatoged a good part of the world to then sell it back what was taken from them. but all of a sudden everyone leeches off the us? make it make sense.
its a harder life to live facing the reality
they're waiting for their opportunity to become the big guys which will never come.
i agree that some people love servitude. although i choose another role, i intellectually allow others their choices. as long as they allow me mine. strangely, it does not appear to be working like that today.
would you explicitly say *no* to armed revolt?
that's because money talks
on the surface level that he doesn’t understand the other side of the coin. but on a deeper level that he’s still falling into tribalist arguments that the dude he commented towards pointed out: > yep...brainwash them to fight each other while we look at them and laugh, while we steal all they have. if you can’t grasp what the other side is saying, then you’re contributing to this more than anyone else. blindly attacking the other side using the misrepresentations the elite would love for you to push and further divide people.
while you have no fucking clue. your ignorance is bliss.
here in my garage with my new lamborghini and my extra large weenie trying on my stylish bikini and eating linguini 🍝
please, do not feel offended on a guess, even more so since i explicitely stated that it wouldn't be efficient if it matched such guess. since it does not match the guess, i did not talk about the system you talked about. frankly, i've nearly heard as many versions of communism as i had of thiscussions about it (and i had quite a bunch of them, since i'm from france). this is why definitions are of no concern to me and why i proposed to the former redditor to ask op directly. anyway, i never wanted to talk about full value of labor, you probably wanted to answer to the person who wanted to talk about it. all i wanted was to show how daos would solve the problem companies have with wages. being downvoted for such comment about daos without any explanation just shows how far this sub has sunk. discussion is not even a consideration, here. it's all "fit into the mould or you're of no value", now. that is sad, given the potential this sub had.
response: not legalize every drug under the sun the clowns are advocating for. no need to encourage more degenerates to become even bigger degenerates. i’ll keep my ether.
i am not, lol. i know people with depression. i know what it is. there is no equality buddy, only the strong survive. take whatever meds you need, my friends do. but they are not as motivated as i am. they do not push themselves enough. they find reasons to whine and complain. look, i know it is hard, so what. it's always hard. it will never be easy, so make peace with that and embrace the suck.
ok dude have fun never complaining about anything ever. you are an extremely unlikeable person and i can say that and i know nothing about you.
is that what you did? or is that your fantastical solution to the problem? because the reality is, most of the poorest in our society work longer hours and harder than any of the very richest, and add to that the insane level of mental illness in the us and you’re asking people that work insane hours to learn calculus themselves from a book in the few hours of free time they have a day. suggestions like yours are a sociopathic, throwaway suggestion to an actual problem. it’s just words that sound good but don’t engage with the issue at all. and i bet hardly any of the people that think like you would be willing to follow your own suggestions if you were in that situation.
hell yeah man’am- way to crush it. it’s just heartbreaking when i see a middle age person really working hard in an educated but entry level position and they just never made that breakthrough but the most we can do is work our asses off and hope for the best
i agree with the wealthy paying their fair share in taxes… but on a related note this talk of “wealth tax” is terrifying. if they start taxing unrealized gains in assets that’s going to decimate the middle class. a large portion of the wealth people acquire is through equity in their homes. i live in an area that (fortunate for some, unfortunate for others) has seen a massive influx of people from california driving house prices through the roof. consequently a lot of people who didn’t have much are basically on the verge of retirement should they choose to sell. if they start taxing “wealth” these are the people who will suffer the most, not the ultra wealthy. it’s setting the stage for a caste system.
that is not luck. you do not get lucky. you put yourself in position to get it when it comes up. that is not luck, that is planning a goal and working towards it. zero luck involved.
but you don’t know who i am or where i live. you assume so much. wouldn’t someone who came from an impoverished background or a developing country be surprised to see those in comparative prosperity complaining ?
i know! perfection by joe. great plan by dems, plus only fraud in repube losses! but honestly. your just wrong. "the clip shared by trump, mcenany and others starts around the 19:13 mark, when biden tells pfeiffer and lovett, “secondly, we’re in a situation where we have put together—and you guys did it for president obama’s administration before this—we have put together i think the most extensive and inclusive voter fraud organization in the history of american politics.” biden’s campaign did not respond to reuters request for comment as of this article’s publication. likely meaning to say “voter protection” instead of “voter fraud,” the former vice president is referring to the special litigation team his campaign has launched as it braces for potential legal fights over the outcome of the election (here). biden’s campaign for months has been ramping up what it calls the largest voter protection program in presidential election history, after trump repeatedly has suggested without evidence that the election could be “rigged”. " also. "the reuters fact check team has debunked multiple social media claims about alleged voter fraud in the lead-up to the 2020 general election. examples can be found here , here , here , here , here , here , and here " but do go on about your feelings.
what field? as far as i know, all hard sciences and most soft sciences are subsidized. don't know about other fields. mine is in neuroscience.
lol black slaves didn’t build anything, only 2% of people had slaves and they were wealthy folks that used them for field work and other meaningless task. those massive skyscrapers and bridges in the city, they were built by italian and irish immigrants. i’m tired of hearing about your false claim
you think biden is the root of the problem is laughable the guy is senile. he is a moderate democrat basically a moderate republican. he is just a figure head. think foryourself, blissful ignorance is thinking democrats bad republicans good.
clearly you hit the ether one too many times
there are always three kinds of people and you’re the worst of the three. 1. those who’ve been there done that. 2. those who haven’t been through it but are kind and supportive. 3. those who haven’t been through it and don’t give a shit. you don’t have ‘friends’ with depression, you know some people with depression and with your attitude they don’t consider you a friend. your kind of ‘screw you’ attitude is what is tearing society apart. learn how to be kind, loving and supportive and your life will be better, and those around you will also be better off.
the mentality should be: life or death. push yourself. you do not work hard enough. your standard is too low. no excuses. i see tremendous indolence, entitlement, and lack of effort wherever i walk. mistakes made early in life compound to later. perhaps it might be too late for you but then it is your duty to fix the problem for the youth that still have hope. don't count on your corrupt government to fix this.
i was one of 6 analysts on my team. 4 of them work really hard and i got the promotion. meanwhile there were other departments with hard workers and no opportunities at the time. that’s all i’m saying. i’m not saying i don’t deserve it i’m just saying that there is a bit of luck to being at the right place right time
>but you don’t know who i am or where i live. you assume so much. exactly my point, you are the one shaming people you know nothing about.
psychology. we’re in the us too.
>lol black slaves didn’t build anything, only 2% of people had slaves and they were wealthy folks that used them for field work and other meaningless task. you're an idiot. they helped develop a massive agriculture infrastructure and they also were many black slaves who were carpenters and literally built houses. why would you import people from another country 1000s of miles away for a meaningless task? jack daniels learned how to make whiskey from a black slave. and i literally mentioned europeans right after. italy and ireland is apart of europe. but you wanted to kneejerk into an emotionally ignorant and racist response also considering 1% of the population controls over half the wealth, how does that point even hold water. like 2% cannot have a major impact? the rockefellers were .1% and changed the way everyone in the country lived. keep your stupidity to yourself. it's no wonder china walked in here and finessed the shit out of the country.
that was enough back then, now...
why do you assume i said biden was the root of the problem ? i did not. then your dumb ass assumes i’m republican which again you’re wrong. you really need to grow the fuck up and learn how to read and comprehend what you’re reading. you really have no clue.
there is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge.
spoken like a true sociopath. the whole point of building a fairer and ‘free’ society is that we don’t have to live and think like we’re still living in caves and fighting just to survive. there is more than enough resources for everyone to live comfortably, it’s just that a select few sociopaths are hoarding more wealth than they could ever spend in their lifetimes. it’s nothing to do with people not working hard enough. there are people out there that are non neurotypical (like me with adhd) who can’t simply ‘work harder’ without access to healthcare. there are people who have much more severe health conditions who literally are incapable of the kind of ‘work harder’ standards you envisage. with your mentality, anyone but the most capable in society get thrown in the fire. classic sociopathic fascist leaning mentality. but the reality is that society wasn’t built for people like you. it was built for everyone, to come together and share resources and knowledge so that everyone is better off. your attitude isn’t compatible with a healthy society.
that could work. i wasn’t implying that’s where you were headed with the idea, just elaborating on that specific topic. i’ve noticed increasing attention on taxes paid by the likes of people like warren buffet, and it being correlated with the increases in his wealth due to asset appreciation. the solution being proposed is a “wealth tax.” congratulations on your success 🙌
you were the one who first accused me of being thisconnected ….
take 3 percent of any countries population, give them the means with which to stand up to the government, and i do not see how it wouldn't be enough.
it starts at the top its starts with biden 🤣
the us had its early success through piracy, slavery and colonialism. banditry by anglo saxons allowed immense wealth to be taken in one dirty step and laundered clean through the system of "democracy" and then doled out to the masses in the form of good paying jobs. the days of those subsidized living is over. you consume resources to live and you must produce equal that society demands in a global market economy. the prices are set by society, so you should not be directing anger at me if you feel it is too hard to get by. if there are more than enough resources to live by look at africa and south america. if you are living better than them you have nothing to complain about.
and again your ignorance is bliss you read and interpret what you want to believe. i would say have a nice father’s day but i really hope you haven’t reproduced.
wow you’re special enough to mention slavery and colonialism in the start of your comment and then to also use africa and south america as an argument for how there are not enough resources, i *wonder* why things are like that? i feel like it rhymes with bravery and broronialism, if only i could remember though… there are plenty of resources to go around. we haven’t overpopulated the earth to the degree that there aren’t yet. if everybody decided to go back to nomadic living then there would be plenty of food for everyone (and indeed, with the world’s current food output, there still *is* plenty of food for everyone even with global agriculture) - the only difference is that with broken priorities and widespread corruption, the world’s resources are now concentrated in a handful of locations. again, saying people in the west have nothing to complain about compared to people in africa is a child’s chain of logic. it’s like telling a serf who lives in a hovel back in feudalism to compare themselves to a serf who lives in the gutter and then insisting they have nothing to complain about. it’s indescribably stupid, and more importantly, it’s the kind of mindset that tells people to accept everything that happens to them and to never aspire for things to get better. please stop wasting my time by repeating the same emotionless bilge like a serial killer robot on autopilot. i’m not being funny, you clearly have some kind of antisocial personality thisorder. in a way i feel very sorry for you, because in a world full of love and socialising you are basically missing out on all of it. but the fact remains that you by nature have no concept of what a society truly is or why it should be desirable for everyone involved, and your thoughts on the matter are straight out of a serial killer’s handbook lol. go and see a therapist if you have any self awareness, but definitely stop telling me you are a sociopath in a million different ways because it’s *depressing as fuck to read.*
please clarify then you seem to be a little upset. what did you mean by "it starts with the top, it starts with biden"?
i have not reproduced but ill still be forced to pay for you and your children's welfare if you keep losing money on doge and icp pal
well thank you for paying into my retirement annuity that i draw a monthly from as i retired at 56 you dumb fuck. and ironically both my sons are buying their own homes paying for them themselves probably unlike you living in your parents basement. again dude you’re fucking clueless
you never clarified your point or made a clear argument, not surprised i am arguing with a boomer
funny we’re not arguing. and it took you this long to realize your talking to a successful boomer. i knew instantly i was talking to a failed millennial. now that’s funny. say good night to your parents go to sleep in your room wake up early and get ready for work. never mind sleep in late as your probably unemployed.
you wish that was the case. still have not put together a decent argument for your point...because you probably cant
[tip this post any amount of ]( (by [4:44am utc]( to keep it visible.
everyone wants the dip until the dippity dips.
i still plan on selling my ,000+ eth on retirement in 4-5 years. no panic here. this plunge is not new.
well, at least 3k.
and then we'll get the same "you got any of that sub " memes and people begging for a dip again
just bought 5.15. i’m okay with the flash sale being over though. 🤮
i’m quite happy to chill much lower for a few months so that i can buy more cheap eth before we pump!
i dca and next week i have some money to invest
as an ethereum holder i hope it gets way cheaper because i now know that a 4500 eth is mathematically possible
y’all sound crazy this week it went from 1890 to 2990 in the span of a day, look at all the charts they are exactly the same, rich people are involved in an unregulated way to make millions you think this is all not by design? shaking weak hands to buy more up. you need to sell millions to make a dip and they all dip at the exact same time? be warned, the bull will come again, and when the zeitgeist changes you’ll be sad you didn’t buy more.
just a few more days, wednesday it can start moving again.
can we wait until i get paid next week please?
no, i need the sweet sub 700-2years when it hits 5k
you’d all sell if eth price climbed to ,000 😂
well these dips are helping me slowly reach 3 eth.
i’m still mad it has not dipped to 1k. i love thiscounted rocket fuel
welcome everyone to crypto. a year from now all the holders will be saying they paid their dues in may 2021. this is my second ethercrash and it happened much faster than 2018. in 2018 i was convinced the whole thing was a ponzi scheme. you could sell but that seals your loss. best to stop checking every day and forget about it and consider it money you're not going to see for a while. you'll be pleasantly surprised when it comes back. or you might kick yourself for not buying more during the sale. this is the cost of investing.
might sell and buy back instantly for tax loss 🤔 still owe a fuck ton from january's madness
sorry guys this is all my fault. the market does the opposite of what i do. actually i think they use my camera on my phone. when they see me sell the market goes up like crazy. when i buy it dips lower than ever. im sorry.
nah, the ride was fun. but settle in for a slow decline and embrace it. it’s a chance to stack more for less and just don’t be greedy the next bull run and take some profit.
nah bitcoins going down to the 20 thousands my guess around 25k-29k and everything with it so the dip is continuing then after that back to the bull market. it’s not going up yet be patient our time is coming we haven’t hit the bottom of the dip yet but most importantly we haven’t hit our max potential we’re going way above 4k in the future source: trust me bro just a prediction lol
i agree... just... not until like monday afternoon or so... i have funds clearing monday am and have not gotten to buy this dip yet. 😂
no. the true believers want it to go down so we can buy more
as long as eth fees remain high, it is overvalued.
genuine question, how long do you all think it will take to get back to 3? i know its total guess work but im just curious to find out the current feeling
give it time, i wanna buy more first
i can’t even look anymore. can’t buy dips, can’t sell, must hodl hodl hodl, but the pain is real.
if the irs and fed would leave us alone that’d be great.
welcome to the bear market. best we can hope for is , but even that is a stretch. no one wants to hear it, but we’re in for another year or two of hodl.
while keeping shitcoin at 30k, hmm?
na stay low a couple months so i can buy more at thiscount.
1 eth = 1 eth
i feel like 99% of people here -- at least -- do not understand crypto or investing. even a little
not yet! let the plebs like me buy some more.
i get paid in 5 days wait till after that please :)
best i can do is 40000 :/
no, wait! not yet wait till i get payed first! i wanna get in more while the tickets are cheap
it's a marathon, not a sprint.
quiet i’m getting more
not until i accumulate some more eth please.
u[tipped]( you 50.0 donut!
so do we get into defi, mkr, and prep for the rise?
gonna need you to go ahead and come in on saturdayyyy...
so i was sitting in my cubicle today, and i realized since i don’t have more eth, every single day of my life has been worse than the day before it. so that means that every single day that you see me, that is on the worst day of my life.
fuck that. stay where it is so i can buy more.
do not always come down
hold off a minute while i stack up!
might go to sub
best i can do is 400
okay . finally eth is dipping . now all i need is money to buy it . easypeesy
you can not see 4k until the next year
i need my dang tax refund!
much rather it get driven down at this point, i'll take all the help i can get
i’d be happy with 3k 😃
honestly if we just respect dips and then enjoy bull runs and make money but also buy in easy whenever we have spare cash, this would be way better for all involved.
patience is key& a killer sometimes 😀
why keep on dipping,😢
i bought the dip and it dip hard again whyyyy
that would be great indeed!
a lot of people was hoping for another dip. here it is
i’ve bought plenty of the dip now. time to go up again
it is just sales season, buy the dip and enjoy your 50% profit in few months!
that would be absolutely fantasmic
it doesn’t matter: i got my lan
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [irs]("last usage")(us) internal revenue service ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 26 acronyms.) ^([thread for this sub, first seen 22nd may 2021, 06:31]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
a correction !? 🤣🤣🤣 institutions (whales) jumped in soaring prices. retail investors don’t make a difference whatsoever in price action. do you really think institutions will get back in the game ??? 99% of trader have no idea why they are in a part from making a quick buck. pure speculation. what is the benefit of holding crypto in the blockchain technology ???? can anyone explain ???? did people hoard electrical switches like crazy when electric bulbs were invented ???? 🤷🏽‍♂️🤷🏽‍♂️🤷🏽‍♂️ we are years away from recovering.
i bought for my brother at 2200 then it pumped to almost 3k... told him it was gonna dip down from there, but he didn’t want me to sell, now look
stop begging and dca your way in...the bull-run will pick up again in a few months.
no fuck you i need more!
hope for 4k, but put a limit buy at 2k. mine payed well yesterday 🚀
expect another dip at that point bcz of people trying to get out at the price they bought.
not happening for a good long while, bud.
it will blow up, just be patient 🤝
just down to what i paid for them, no lower would be great thanks.
wait for releases and 2.0 with much less energy used my opinion: that news will up as hard as the chinese. my best guess for end of 221
balls deep in etherium and no spare cash to buy the dip and suggestions?
hodling for dear life
balls deep in etherium and no cash for buying dip any thoughts?
man, it seems like such a long road to recovery. i’m down big hit still holding. sick of hearing people say this is going to 200$. i have to believe eth is here to stay and will only go up
i would like to buy ethereum. is this the right moment?
could it stay like this for a few months while i buy up some more? then it can go back to like before, lol
vitalik dumps more eth
mining investment ,,more profitable
if everyone viewed it as a 50% off sale , and not as omfg ira crashing sale , mad heads would be buying imo … lol
it’s gonna happen just wait on it
, either one is ok.
when we getting back boys?
i bought eth for 4k $, because the floor of 4k is so underrated
i sense a impenetrable wall at 4k.
bull market is over people, go home. see you in 3 years
not only 4k...i d like to see 5 and 6 soon
man i love this movie
correction is inevitable. doesn't mean we would not hit 5k in the next few months. think of it as a great time to buy eth
jeeesh i was feelin like jeff bezos at that point up 1500😂
it would be nice but i like the fact i was able to round up to 1.5 coins easily at
it’s been trading between 2100-2500 for the last two days
why just 4k? my long term plans involve prices much higher than that.
guys you don’t make money unless you buy the dip. that’s how this works
it would be even greater if we could buy even more crypto before.
well last week when it was at 4k everyone was begging for some sub 3k chances to buy. buy up bitches.
oh please. it’s not a party if it happens every night. what goes up must eventually come down. patience is key, or this game ain’t for you.
. summer dips are status quo for crypto.
please no! i sold at around !
don’t worry, it’s just a long dip so everyone can buy enough of eth it will go away
i got in at ...
from your meme to gods refit feed.
i bought at 2.5k a month ago. should have sold at 4.7k then got back in ... ahhh lesson learned
me waiting for the dip meanwhile my bank account got negative balance
when crypto started crashing, i tried to sell my 4 coins at 3900 each. coinbase froze trading while i watch eth drop to 1800. i could have doubled to 8 coins at that price. same with cardano. these crypto dealers do this crap on purpose and i would not be persuaded otherwise.
let's be real. the problem is not the dip it is that you check prices once an hour and panic buy and or sell at any opportunity.
it will be tough. lots of sellers looking to get out at breakeven on the way up.
and still i wouldn’t even break even ☠️
stacks on stacks just empty the the racks
what about sub 1k eth. that’s what i’m waiting for
is it time to abandon ship? or go down with the ship???🚣🚣🚣
it would be nice if it dipped into the low hundreds... so i can fatten my bags... then go back to
no go down then we go up. want that sweet sweet sub 2k eth
canadian ether buyer, this 2800-3200 cad is almost too perfect cause i can only deposit 3k via etransfer at a time so time to make up for buying the top. daddy wants a new house
i have my limit buy on binance set for .00 the lowest i can go for one. imagine if it hit that and fulfilled my order. it’s more of an experiment than anything. i’m not anticipating it dips that low but what if it does like…?
i had 20k in gains cashed out when it fell to 11k bought in a day later. it crashed again...still up a paycheck
not happening until the next fed pump. looks like everything tanking until inflation goes away then it’ll pump again. if inflation doesn’t go away then it’s game over.
braveheartcoin hours old!! get in early!! make huge gains!! buy on pancake swap! chart is on poocoin!! here's the address
the good news is the crash is over
promise: we will see this meme again when eth is >5k.
if we can go back to !
*(laughs in ada maxi)* go ahead, i know what i did. lol
it will go straight to 10k
. when all have declared crypto dead. i'm going going to scoop that mofo deeep.
if it went to , and we shall see whose hands are truly diamond.
no worries. 8-10k eth in under 12months so let weak hands 🙌 sell or get leveraged out 💪🏼💪🏼
i must be more careful with what i wish...
here i was thinking i was smart by buying more eth at the .
is 50% down still a dip or a crash?
and then no one buys the dip either. the dip they wanted comes and then people panic sell 😂
i'm very glad it dips... i even want more dip... not buying again til it dips below
and when they hit 4k they still hold and want more. greed much. o.o i sold out at 3.2 so missed the top but at least realised the gains i did get. happy for the dip as it was overdue for me and nice chance for me to rejoin the fun.
no i want an omega dip like drop to .
yea cause we broke buying ath
perhaps the more dips dip, the less likely even more dips dip, but not dips are equal dips, so i dunno.
if i could get my frogfinance back like before the developers just stole it all that would be great. i believed in that project. i hodled through over 10x gains because i believed in it. and those fuckers just took all of our money and left. be careful kids.
a few of my friends just got into crypo, the dip happened and they complained, i was happy for the thiscount. it went down more, i’m here thinking it’s christmas and they are panicking. keep telling them this is perfect for someone just dipping their toes in. buy some eth cheap!
i hope it dips even lower. already bought everything back at half price.
think we had enough dips. time to start pumping again.
everyone was asking for that sub-3000. now buy it.
i think it is cute that people think this is the dip
i actually thisagree, it dipped, i bought. now we need to dip more so i can buy more. simples.
and that dip dippedy dips too.
no they just want the dip to not be followed by 4-6 other dips.
i put my hand upon your hip when i dip you dip we dip you put your hand upon my hip when you dip i dip we dip...(da' dip-freak nasty) could make this the official song during dips! 😍
wait a few more years and you’ll retire in style 😎
you're aware that with ethereum 2.0 staking post merge you will be able to get 20-25% apy? just live on selling the interests, no need to sell all your eth, that would be a move you would regret for the rest of your life once it reaches . just think about it, if you have , at 25% apr, that gives you \_without\_ selling your eth, just the interest it gives you. when ethereum get to , you will be making .5m just on interests. don't sell.
exactly. long-term goggles on. a month does not matter there, let alone a single wednesday dump.
set my limit to 3k this time.
well get there in time. i'm in no hurry.
or 2.9, if the crypto gods are still angry with us.
ya got anymore of that sub 2k eth?
the grass is always greener on the other side
"wow you bought before it got to ? you're so lucky! i wish i knew"
weird though, if you are bullish then just buy. up is up.
ugh yeah, that is the real cycle of life
waiting for sub 1k eth tbh
that's a sweet amount, congrats. i bought les than 0.1, haha...
that is what china is doing hahaha
come onnnn 10, daddy needs 32 of them bitches!
same. i could really use a couple weeks of pay and this dip to stay so i can significantly average down
doubt it’ll last a few months right?
unpopular opinion, but yes! gotta accumulate that sweet eth.
i always hope too that the dip lasts until the dca, and then there is a pump again.
honestly, i think much higher is possible too
after china leaving the chat and giving up work of proof? lol
until the next payday, thursday
yeah that is a big negative. nothing is happening in wednesday to fix this mess. it will be much longer. in fact, everything is looking like a bigger dip.
don't worry it would not be done falling for a bit.
bingo. all we got is time.
nah, they’d buy more then panic sell when it dips.
i bought a whole coin at ,900. i would not sell any till 10k at least
nope. i held all the way from 2k to 4.3k and back down again.
i'd sell 50% and wait for the next inevitable dip to reinvest forsure
i was planning on taking profits at 4.4k in june...another lesson learned. i said fuck the profits and staked!
my limit is set to 3k now, itll be a week before it goes back to 4
after the loadup i just did i probably would sell a percentage lol
i don’t believe it works this way, at least in the us. there’s a waiting period of 30 days or so, otherwise the “loss” just gets added back to your cost basis and is not recognizable for taxes. disclaimer: i’m not an expert, so do your own diligence or hire a cpa.
i think we will be in a bearish market for about a year or so. and, if the housing market crashes, it will take longer for us to recover. finally feeling the impacts of covid19 and some precovid stuff long term. ready for the fire clearance sale of everything, its a few months overdue.
in fact, upon further reflection, if you all could do me a solid and panic sell a bit more between now and then, i really would appreciate it. i saw a very convincing article about how elon musk is going to ban crypto in china or something. and like... all the ethereum mines had cave ins. it's really bad. much doom. definitely sell.
yes, my attention is on the layer 2 solutions like polygon. it's fees are nothing compared to both erc and bsc.
4k might not happen again this year. it could go to 5k, it could go to 1k, maybe lower. nobody really knows. this is merely my opinion, but eth is a good long term investment but a bad short term one. i personally do not think it is going to 10k any time soon and 5k would be lucky. crypto is cooling off, people may want in but they are seeing these swings and for mainstream investors that is very scary
if we assume that this is the start of a bear market and we take a look at its historical occurrence, it can last for a few months. it's actually make sense since we've had like a year of bullish market. what comes up must come down...
i think there is a good chance it will happen sometime between 2 days to 10 years. your guess is as good as anyone else's 🤷‍♂️.
i heard round the grapevine that our housing market is due for a crash as well. i hope it doesnt happen anytime soon, but if it does, we will all need to get ready to put our waiting pants on
best advise i can give: hold for longer time with cfd just try to keep margin ok
all i read from this comment was “buy buy buy”
mark me down for 1000 eth
who the hell would sell eth for ? that makes 0 sense
at . that’s what i did all last year when it was at . just pretended i lost it all. then this year… oh my
as much as i would love that i highly doubt it. i did not sell when i bought eth at 1200 and it crashed to 90...so i'm not selling if it happens again but i would surprised if we even see a new ath in a year. god i hope i'm wrong.
so it is your fault? smh
for i am not a whale but a mere little fish.
welcome to my world
i thought i was smart buying the 4.2k dip
hahaa me too! but now i’m salivating at this current price- it’s bloody steal brother! everyone who isn’t rich yet, needs to look at this correction as a serious bit of good luck! you may never see ether at this price again folks.
and if you buy now for same amount of money then the average cost is only 2500... buy the dip and hold.
dca into the dump. so you aren’t locked at a specific position...
few years later i guess that would not bother you much when eth goes to moon
same man. spent all my fiat there! ah, no sense in ruminating. life goes on.
i finally took the plunge into crypto 2 weeks ago. what a bummer it has been. but i did not invest anything i could not afford to lose. i got that right at least.
i did the same!!!
let’s call it a dash to cover all angles
it's a crash considering the 3 year scale. it's a dip considering the 6 year scale. it may well dip as low as 1000 $.
a dip! a crash is 90% in a day.
i'll buy any dip, honestly, panic sellers or not.
do people sleep during a dip????
>i sold out at 3.2 so missed the top but at least realised the gains i did get. happy for the dip as it was overdue for me and nice chance for me to rejoin the fun. well done my friend
**if we drop to 500, i will leverage my grandma's house again and use it to buy eth**
. i will sell all i got just to buy at that price for sure!!
sounds like you got it all figured out
dips are dips. one of the facts of life
remember those weren't actual gains. don't be hard on yourself over other's people maliciousness.
what he just said wasn’t it?
i do not know where you get the 25% apy figure from. it's 8% now and dropping.
...you got some sources on that "20-25% apy"? that's a great deal higher than any estimated rates i've seen mentioned for staking.
optimistic but, if i recall 20+% takes limited number of people staking. and at 25% everybody would be staking. including big institutions
set to 5k. be happier.
welp will just delete my comments, maybe i missed something, but it wasn’t meant to be something negative. ✌🏿
i'm very bullish, just talking about people moaning regardless of how things are here. it's cyclical, no creativity here
running my own validator is a dream. a far away dream currently...
i think it could do
we're entering the summer doldrums for markets.
prc will be replaced by a patchwork of microstates in 2023
do you not already know that eth is going proof of stake?
if i remember correctly, largest eth mining facility is located in iceland.
i do not get paid for 10 more days😭😭 crypto god's please!!
details please. trying to absorb as much information as possible. thanks.
how long will b it falling?
yea if it’s money you don’t need right away then don’t sell. i learned my lesson on patience back in 2019 when the value of the shit coins i bought plummeted to less than 1. did not panic sell and just stopped thinking about it. waited 2 years and recently checked the prices and sold everything and didn’t lose a penny.
hahahaha, welcome to january 2018. enjoy my fresh sold eth at . i will collect yours at 90% off the all time high. you won’t see 4k this year
it’s nosediving again down to the ,300 range. if it crashes below ,000 again it may go all the way down to ,500 this time
this is called the wash sale rule and it doesn’t apply to crypto. look it up
wash sale does not apply to crypto.
i would break even around 2.7k, and not like those were bought on margin. i can literally hold until the end of time. not worried to see sub 1k tbh.
cfd the mother of all evil
wait till it hits in the 's then i would buy. it's going to keep crashing, this is not really a dip.
we haven’t had meaningful inflation in at least a decade so how could you possibly know that?
i already considered that option. maybe. :x hehheeh sorry guys let us forget about this okay... everybody does some mistakes... i will get everybody here a beer and everything will be cool okay
when eth hit 4200, everyone was trying to convince others to buy now, it will be 10,000 by end of month. yeah ✅
i bought at 3.9k thinking the downward slide was over. all we can do now is hodl and be patient. not always easy.
at least we can all joke about it.
that is literally what everyone says and then it dips lol. everyone i see on reddit prays for dips and then is surprised when it dips. i mean, if everyone wants a dip then the universe gives you a dip. the problem is it dips more than you expect it to and than people cry. when i say you i talk about people in general not just you because that would be rude :)
~~time is~~ ^(not) ~~broken!!~~ ^(correction is) *^(needed)* ^(for) `us` ^(small fish to) hope ^(of) **~~^(one day)~~** ^(to become) a ^(whale>) ^(no) `one` ^(here is giving anyone) ***^(investments advice)***^(, instead of) `a` whistle ^(amidst in the) ~~^(void of time)~~^(.)
i remember holding my bags in 2018. all i can say 3 years later is that i regret not holding a bigger bag from back then.
so you say, i say 900.
we’re almost at a crash now then...
that’s just good stuff
justin drake from the ethereum foundation: 1. there will never be more than 120m eth 2. eth supply will drop to 100m in 12 years 3. eth sell pressure is about to be reduced by 90% 4. **eth staking apr is going to 25%** [
ok. let's set it at 10k then.
op must be new round these here parts. welcome, friend!
i know, i was talking about those moaning people.
no. it was a joke
we share a common dream... and every moment that passes by that price is getting closer and closer to enabling us to live that dream lol.
you need 32 in order to self stake
for if ya wanna run your own validator.
any reason other than anything is possible?
alight what does that mean and can you link me to something that i can educate myself with
this is one of the reasons, the market loses trust.
mining is not the point. investing is forbidden in china and all chinese are currently removing their funds.
wednesday is pushing it, thursday is really pushing it, 10 more days? damn! how are we going hold back the e-train for that long?
go to a check cashing place and borrow it!
except the opportunity cost
very good to know. thanks for the correction!
i hear you but once you bought cfd and dipped you better hold at least what i do only might be for longer time so only possible if you can miss the money
-30% isn’t a dip???? 🤔
with the emount of beers needed for everyone to be happy you would restore eth value
we hate you now
1.4m subscribers, so... we all get a beer?!
all i know how to do is hodl🦍
it will always eventually go back up...until it does not
could not be more true my friend!
you are ask if orz are upset? orz are not upset. you are *happy campers*. certainly you are only *slow time* *walkers*. it is not fun on the surface in *slow time*. if you want to go, that is okay. only *campers* can go to the *playground*. *alliance parties* are often a good idea for better *parties*. even for *picnics*. do you want to be *campers* for the *friendly days*?
survivor bias is strong on crypto’s, there a plenty that never made it past .
timing the bottom is tough but go for it. i sure as hell am.
well the china story being recycled year after year along with other negative news. better for these whales and institutions to scare people into selling so they can buy it all back for cheap. rich get richer poor get poorer. nothing has changed with the actual crypto has it.
is that supply cap confirmed? great news if so
[timestamp 1:12:53 on the video from your link]( justin drake says: > **so 25% is clearly insane and crazy and is not going to last long. it's going to be a temporary thing.** he goes on to say that his best guess for the *eventual* apr is 6.7%. still nothing to sneeze at. it's a bit thisingenuous to be leading people to think 25% apr will be some kind of norm rather than a potential *ceiling* apr *at merge*, which will immediately start falling (and likely fall faster the higher that at-merge-apr is). nonetheless, it is still pretty damn great. we just should not lead people to expect that staking apr will regularly be 20-25%.
see you in july.
i love reading this forum while smoking some illegal marijuana. any of y’all holding?
exactly, well put friend!
not being able to hold
wow, did not know that. i know government warned people about how manipulative crypto market is but i never heard of what you just said. may i ask for a source?
this is true, my profits will cover the fees or interest!
yea but it was money i didn’t need only in the 5 figures and it was no worse than keeping cash in a bank 😂 i actually got back more than i put in and believe me it feels really good to get back money you thought was gone
ya you might lose a bit there but in my case i'd lose much more by selling now. i've been swing trading since
ok how would i buy cdf. ? i i use coinbase. how or what way would you suggest to buy them? i can afford to hold so yes that could be the answer
just put another lot into cardano surely it can not fall much further. through coinbase. eth must rocket also in novenber. please god
well deflation is equally possible especially if the fed is right about it being transitory. so what happens then?
it will always eventually go back up until humans are done using cryptocurrency.
for sure. at this point though, i'd consider ethereum just about as solid of a bet as bitcoin is.
trick is to not sell
except in reality the whales have been slowly unloading their bags for a while. they're not interested in buying your , they plan to buy it back at 1k or less.
wait...the china story is old news?
here's the spreadsheet to compute it yourself
by george, that might just work...
yeah, you're already living paycheck to paycheck you can clearly afford gambling with your money!
dont bother cfd. risky. just hold and we will be in the right side again, good luck!
i am (my humble opinion) pretty sure eth will rocket while there is some good news on the way especially when gas needed drops with 99.9%
our future is digital money can or cant be
yep i think patience is the game here, the previous high won’t be the last. just think, everyone who has held longer than a few months will still be in profit, and what’s a few more months.
comes around now and then, yes.
can you explain this to me? looks like a bunch of numbers voodoo that is almost entirely made up.
get the alter, i'll grab the diamond knife, let us end this once and for all!
yeah except for those who bought at the top in 2017. they had to wait 3 years.
patience is always key
watch the video from its author [ basically, starting july ethereum will start burning parts of fees sent to each transactions. the more transactions there are, the more ethereum will get burned each day and so the total supply cap will shrink accordingly.
aah, that is me. bought last week at 3800 thinking it is a dip on the way to 5k or 10k.
part of me thinks we might also have to wait years to see another significant high then the other part thinks there’s a lot more people interested in crypto now than there was then so it won’t take as long. either way though still gonna see profits it’s just a matter of when. the long term option at least allows you to accumulate more over time for a cheaper price.
yeah but i think eth is gonna recover but not btc i think it will keep heading down
can confirm. waited 3 years. sold everything in april lol. will buy back in when eth is at 800
so what wait 3 years or even 5 years it still made them money 💰 look at the bright side fellow ape 🦍 time flies
i find that when i consider the returns over the next 3-5 years versus the s&p500 or nasdaq, it makes me feel better. just have to be patient and stop looking at losses...it is an investment into a future technology.
we have a bunch of good eth news: june options are on . 1st of july germany will allow it is investments funds to invest up to 20% in crypto assets estimated this to be 435 billion euro. 14 of july - eip-1559 even conservative calculation based on eth transactions for q1 2020 suggest that if eip-1559 is released in the next 5-6 months the price of eth will go to like 6-7000 this news do not include what will happen with the eib 100 million euro dept mint in eth or with visa eth adoption. i think the correction is good but i doubt we are going much lower than 1880$.
i think overtime the swings in each boom. this run was maybe 45x from low in the bear to high in the bull. next time it might only be a 30x swing.
if the roadmap does not fail then probably yes
kinda… locked up money has a cost… at minimum is the interest you’re losing.
i’d argue that money needed for bills shouldn’t be in eth in the first place. investing is a long game most of the time. yes, there are meteoric rises and if one were to time them perfectly they could get rich quickly. but the tried and true strategy is to find something that’s valuable before the world at large sees its value, and to hold it until that value is revealed. if we think ethereum is the world computer that will power a decentralized and trustless revolution, then what’s a few years? a paradigm shift that massive takes some time.
not if you stake your eth! coinbase is offering a 6% compounding yield now.
lool then sell no one is forcing you to hold mr paper hands 🙌
[tip this post any amount of ]( (by [2:14am utc]( to keep it visible.
just buy the dips, whiskey is to help the feels during the process of those dips dipping too
he could have been doing that in forex forever.
nice to see this guy taking [his own joke from 2 days ago]( and changing the time frames, truly a comedic genius.
you gotta keep on l-i-v-i-n... dude, you can’t be a crypto investor and not be able to roll with the dips and downturns. feel bad for those that just wanted a short term play and are badly in the red. try holding onto it. gotta believe baby!! to the mooooon!!
i don’t think this guy understands what cryptocurrency is
we could have hold it aaaaall.
crypto made my wife leave for another man and my money leave for another wallet.
"we're in it for the technology" 😏
good for him but i've been losing money 24! i have far too many dead shitcoins.
what's life without a bit of pain.👌
i don’t even care about the dip.
i can lose money 24😭😭😭
lose money…or average down?
yes, but i mean is the sale going to end and we move past 3000 again lol
haha, you can lose money with stocks, crypto, or fiat. the choice is up to you.
i really enjoy some action sat-sun been a blessing
losses are just beginning.
at least when your wife tells you to go to the grocery store and buy dip, you can say you already did.
yo dawgs, i heard you like buying the dip...
welcome to the club, is not it awesome?
most tax is regressive. even if necessary to some degree. it takes money out the natural flow of the economy and puts it on the hands of morons. it would probably be more progressive to lower taxes and that would increase movement of money and tax revenue.
if you don’t sell , you don’t lost ! 😅
lol yeah, but you only lose in crypto if you sell at a loss 🤷‍♂️🤷‍♂️🤷‍♂️
that’s what i said! lol.
i do not know bout y'all, but i did not loose a coin this weekend. i gained a little bit.
this is a big opportunity to all using blockchain wallet dm for a life changing hack
ain’t that the truth! 😆
amazing how great it was to not see a dip on saturday guess all the whales took the weekend off in miami.
yah weekend is our chance to go to the market
more like for two months straight
there are easier ways to lose money! 😹 quality crypto like eth will eventually rise again!
are you (ada)el? because i'm rolling in the dip haha.
i used to sleep weekends but thanks to crypto
i tend to buy the rip and sell the dip, and ignore the ‘too good to be true so take profit now’ rule. overall - only lost money with crypto this year. invested thousands only lost . still holding a few sats and eth.
buy high never sell
what you know about rolling down in the dip?
glad he is not managing my money. seem like he only loses money no matter the class or day.
help!!!!! 🦽🦽🦽 i set up crypto acct set up wallet 💸 transferred money it doesn’t show in my bank acct & doesn’t show in wallet. new to the crew ? is there a typical lag between
anyone with gray hair shouldn’t be talking about crypto
yeeeeeeeeahhhh!!! feeling 10x bullish!
good for him 😂
this is why its important to have reliable crypto info to minimize losses. quiver protocol should be able to provide us some. they collect crypto info and have expert analysts to verify the collected data. they even generate reports in the form of information nfts for users.
but you know despite crypto crashing, dapp usage spikes. according to [dappradar’s data for the past 24 hours]( dapp usage for all of the top 20 dapps at the moment is thisplaying upward trends. this is happening regardless of the global downwards trend in the crypto industry,
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [xrp]("last usage")[coin] ripple ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has acronyms.) ^([thread for this sub, first seen 9th jun 2021, 13:20]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
you break up the dips . let's say if you have 10gs. buy 2k every bloddy sunday for 5 weeks if its lower. never buy in the green on the downtrend.
lol. this post deserves an award!
or stake it till you make you it tshares hex.com pulsechain.com
my experience when i buy the dip and it keeps dipping, i drink rakia
can’t afford any more dips when they’ve been going for a month straight
this is the way as they say
the amount of reposts here is *too damn high.*
he looks like a prick.
yeah, a lot of people in this sub are gambling with crypto
rolling in the diiiiiiiiiip
if you have a wife and trade crypto, she’s committing the crime of raping the retarded.
you should buy amp
it sucks to be left as a bag holder, yes.
as you mentioned, problem is that you buy sh*tcoins :d
98% eth 1.9% solid top 30 coins (uni, etc). 0.1% moonshot shitcoins. something like this usually leaves you in profit if you hold. you can enjoy the slow steady growth of btc and eth and the potential for higher growth with the top 30 coins.
ironically pain makes you enjoy the good moments more lol
me either. i’ve learned it’s all on big giant dip
start mining. problem solved 🤷🤷‍♂️🤷‍♀️
i just started yolo meme investing last week, first time seeing profits in months thanks to it lmao. the dip strategy clearly doesn’t work here lmao 😂🥲
you had my hardwallet inside your hands
and beastiality, since she’s screwing an ape.
yup!!! sweet and sour. 😉 life continues. lol
exactly. i did buy at ’t great. have done so much better just dca.
did months ago. not really worth it with the energy costs.
true i guess. i’ve never owned a token that absolutely failed. heck even xrp is still holding on lol
dont buy shitcoins and it doesnt go to zero.
and you staked it, all the eth🎶
what cost per kwh is in your country? and where do you live? im just curious. 👍
can we just go back to idolizing keanu reeves?
what i find funny about this whole tesla btc thing is that tesla had one of two thought processes when they decided to buy btc and i'm not sure which is worse. >*"we did not know the asset we bought ."* >thus suggesting they did not properly research an asset the purchased a billion dollars of and instead just aped in. or >*"we bought it full-knowing of the environmental impact but naturally as a publicly traded us company, we put profits before all else."* it is probably the latter imo and now they are just trying to save face.
vitalik is much more intelligent than elon.
the ones with the least of knowledge are always the loudest. and vitalik speaks with actions, not words.
can we just stop giving him attention? that's why he does it in the first place. he just wants attention.
they are both humans prone to human error. stop idolizing people and relying on them for your own interests and you will be happier in general
elon was the internet's sweetheart not too long ago until everyone turned on him. vitalik is on his way to become the current sweetheart but i have a strong suspicion no one will eventually turn on him, because you cannot change your feelings on a genuine good person.
one of the ugliest things i've ever seen in crypto was a thread on . when someone dug up the details, the amount he was giving could not have been more than around thousand dollars iirc. meanwhile vb had just donated a million in dai to the same cause. not only was everyone ignoring what vb had done, some of the people in the thread were giving credit to elon for the million dollar donation.
he needs to stick to building his fossil fuel burning rockets
yeah it’s complete bullshit
is it fair in quoting “billionaires aren’t our friends”
elon speaks for the robinhood fanboys. vitalik speaks for the believers.
people need to just stop getting advice from twitter, whether it’s elon musk or the woke mob. when are these sheep going to start thinking independently & critically?!
i know this is ethereum, but i'm also glad satoshi non existant.
and it is on sale right now! buy the dip!!!!
sold all my tesla...bought eth...and a tiny bit of btc for moral support to the hodlers. musk should be muzzled.
elon is the false prophet and his followers got burned
that's why you need to know how to grow without these sort of people. but his wrong about bitcoin too. i'm all eth, ada, xtz, and i've done the research. the big banks produce the same waste and use even more energy per-average than bitcoin miners. this whole ploy is for them to buy in cheap! it's all it is. and especially now with inflation running rampant worldwide.
crypto does not need gods as they are a centralizing force counter to the ethos of decentralized and self-sovereign systems. this is one of the key points satoshi tried to make by being anonymous and thisappearing.
right? vitalik is a good bro to have!
what he really means by this is, thank god dogecoin doesn’t have vitalik.
yeah, thank god what he did did not negatively affect eth as well... right?
that is why doge is such a turd, he has pumped it to an obscene level for his own personal gain. when he decides to pull out he wil become even richer and destroy the hodlr's. whale tactics 101!
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [sec]("last usage")(us) securities and exchange commission [xrp]("last usage")[coin] ripple ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 25 acronyms.) ^([thread for this sub, first seen 13th may 2021, 16:54]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
if people were smart they’d focus on raoul pal and michael saylor. elon musk is a narcissist and i think he gets off bullying entire industries. if elon dared say something about eth i think vitalik would push back.
sell tesla and buy btc
well, look at it this way, he just caused a little dip so we can buy a little more. better now than later.
hate to break it to you, but if elon musk chose to invest in ethereum, he would have power over ethereum with his tweets too. vitalik wouldn't change that.
fuck vitalik, he takes money from the poor who invest in crypto and give it to the other poor people.
sounds amazing, nailed it!!
"thank god we have a benevolent oligarch!" christ.
seriously, vitalik is one of the things that motivates me the most. a self-made billionaire? that's awesome and i'm inspired by that.
they both have too much power to change the market, as was made clear yesterday.
elon speaks for a lot of people who are “ wallstreetbets” like minded.
the problem is twitter. everyone is hiding behind their computer talking shit without any consequences.
yes he should not be the figurehead for crypto in general, no one should. likely elon is not new to crypto though, and also likely his backtrack was corporate pressure for backlash mitigation that he has to abide by in this instance.
look amc baby green we ginna be rich amc to the moon
vitalik and charles have such cult like following... can we stop treating them as some kind of prophet?
he doesn’t speak for me let’s show him what we can do boycott tesla and he will be nothing. spread the word!!!!!!!
so i’m assuming that you don’t believe that elon could possibly be satoshi
meanwhile tiktoker's who bought the shib top shouting who vitalik is.
that’s what i’m saying. elon is clearly a noob.
i would argue elon only speaks for 15% of the market judging off the dip.
and that why there’s a good chance of eth overtaking btc for the spot in the future.
elon is not new to crypto. paypal mafia has been invested for awhile (years).
what is going on with bitcoin? recent events have got me thinking eth could flip it sooner than later.
i hope elon stays away from eth
keep taking his name and you might just have elon take an interest in eth
you’d have thought elon might have had some dd on the environmental impact of bitcoin prior to positioning himself within it, being one of the richest people on the planet and in a position, essentially to be surrounded by advisers that can future proof any bad moves. elon musk doesn’t give a shit about the planet he just wants more like everyone else, he got what he wanted out of btc time to move on manipulate the next thing... ethereum 😏😏😏
it’s ok to hold both the beliefs that elon is an impulsive, attention seeking troll and that tesla and spacex are revolutionary companies pushing technology and the world forward.
elon was recovered by the woke cult with his fifteen minutes of snl.
really not happy that elon made ’ers in the back. not cool bro
i thought this crypto market is decentralized, now i see that one elon musk can shake such a massive industry. is it similar to wall street's greedy mother fcukers??? i hate greedy wall street and hedge fund mother fcukers.
elon’s going to have to go!! 😂
meganoob here... 1. who is vitalik? and why does it sound like a pill to strengthen your tongue? lol 2. how do we know elon just recently entered the crypto currency industry? dont you think he could’ve been watching it the whole time? he is the guy who created-created paypal if i remember correctly... random thoughts but serious questions.
this is one thing everyone has to learn, stop idolising these billionaire elites, they do not really give 2 squirts 'f piss about you. i have always seen elon as a trojan horse from the elite to us. yes, he moved from cali to texas, refused lock downs, but he is just interested in his investors and his "clean energy" worshippers. i've said this before, remember how the machines infiltrated the human hideout in terminator 4 by creating a cyborg that is insanely human and undetectable? that's how i have always seen elon. i can never trust that guy.
thank vitalik ethereum has vitalik, yes.
what did elon say ?
he is trying to influence the market, just like he did with amber heard and cara delevinge
the only good thing elon does by running his chaotic mouth, is to create buying opportunities for those that still have any fiat left. for the rest of us, we can only watch and wait.
most of us will never buy a tesla. they are expensive as fuck.
this is the best post i've seen so far since elon tweeted out his bs small thought.
elon should take one of his rocket ships to mars and stay
the only person i listen talking about crypto is kurt cobain.
imo musk is a self centered ego maniac who is mad at crypto because everyone wonders when lambo not when tesla (joke) . but seriously vitalik was getting some pub for donating to india and musk is throwing a tantrum.
elon is big for crypto but crypto is bigger than elon. he is just one of many large players and others have been around much longer then him.
btc got played. time for something else to take the throne. 💪🏼💯😎
i've always said elon is bad news for crypto. that he is not the older doge community , or bitcoins community. he's a rich dude with a massive platform. that's it.
musk is a pos that only cares about himself. so tired of his pump and dumps.
is elon really just secretly trying to keep banks alive by his felonies activities in crypto?
i see now why the sec told the tesla board of directors to put a muzzle on musk.
almost all crypto down today, gme is 20% up. day before vice versa! think about it!
i'm blessed to invest in ether before, now i'm benefiting it, i heard now gamestonetoken is anyone have idea on it?
dogecoin on thiscount , going all in cause we taking off!!!
but eth dipped too...
elon’s the man 🤷‍♂️not his fault people listen to him
it’s crazy how he talks and impacts this market. so much for “decentralized”
just sold all my alts and stuck it eth aim now part of the gang 8 grand deep
" . . ether has visual basic?" - my dumb ass brain when reading the post title
preach jesus preach. let's step back elon was running ebay what happened? karl icahn came in rubbed his elbows to split the company to better elon's position. what is ebay doing now? there back taking payments it was dumb it is all about his pockets. we do not need tech ceo on snl when his boat is in order and tweeting about upgrades and hyping stuff. he lied about full self drive he spread the rumor about tesla super computer the dojo running doge. he said he would be at tesla please leave elon no one likes you, i'm from texas and do not want him here. his gf is ugly too. i for one hate elon musk self loathing egotistical arrogant ass.
btc was supposed to be decentralized, now it feels centralized as hell. not to mention all those people willing to suck elon musk's stick. this guy just got involved in crypto for such a short time, now he is some sort of a god? c'mon give me a break.
in vitalik we trust
elonmusk tweet now, tesla accept pay dogecoin 👍
its because of one thing. government wants electric cars and elon wants the contract. he basically had an ultimatum. that being said...fuckum!
who the hell is vitalik?
now, you do not see under , tesla accept pay by , look his tweet now coinbase available 6 - 8 week ⚠⚠
elon takes crypto for a roller coaster ride as his fantasy takes him
john wick the sequel
we need john mcafee back...
ethereum is no circus! we cannot have any clowns within this community.
etheruem is a shit coin and will go down with gas powered vehicles
praise the magic man
but doesn’t vitalik also support child porn?...
yeah elon just gets bored and f,'s with everyone. people will get tired with him . 🥱🥱🥱🥱
vatilik speaks for the already rich people on wall street and those making millions, he does care about the investor who’s trying to get their piece of the pie and i can’t rock with that. in my eyes he’s low
we can either take the blue pill or red pill
lol did not that dude destroyed shiba
i read visual basic - someone add to the roadmap
meanwhile eth energy consumption sky rocketing. gas at absurd highs. can't find resistance above 4k. and here's some tweeter nerd talking out his ass about the richest man in the world. the salt must flow. .
is it his fault most people are sheep. he has a right to speak, it’s up to others wether they listen. he didn’t trash anything, he called a spade a spade and people decided for themselves what to do after. didn’t vitalink just help fuck over a bunch of newbies as well as a developer of eth? who are the real bad guys?
that fool decided to give away (donate) to india covid relief everyone’s money invested in shiba rather than donating out of his own pocket, genius but and shady to his own people kind of thisappointing
vitalik just sold ethereum to donate to india and now we must suffer ... i hate him right now
wasn’t mr. v just caught wearing a dogecoin shirt….yea see you weirdos on the moon.
dude i know you guys make up shit but come on. he's been into crypto for a while now. ffs do your reasersh. he's been interested in smart contacts and daps for a while.
prehaps this is part of his devine plan... we know elon loves crypto as he even mentions bitcoin, eth, and doge on snl. we have to give him credit because he is light years above us all. prehaps he made a move to drive the price down to create a buying opertunity for investers and the avarage person to buy up some deals. some people might have been thinking they missed the boat but this might bring more news and eyes to the space and more money before the prices sky rockets once more... it's like a gift to us... get these deals before it is to late he is saying. 🤓
better yet, take me back to 2012 and rdj idolizing. simpler times...
that’s the neo coin
wholesome keanu chungus 100 (as the kids would say)
you mean john wick
you know musk must be pouring pr dollars into making him look like a hero on reddit. i don’t believe his more recent popularity has been organic in the least.
we should all do it and idolize those cute polkamon nfts too. lol
johhny died in the ending of cyberpunk...
jesus, of course it is the latter. tesla very publicly bought btc then sold a bunch for a hefty profit (after elon went out shilling it and helped raise the value) right before their q1 earnings report to pad their bottom line with cash and up tesla's stock price. oh, i'm sorry, did i say "sold" btc. i believe elon's line was that he was "testing its liquidity." lol. then he pumped and dumped dogecoin. now he wants to move to something with one percent of the energy output of bitcoin, a not at all subtle reference to eth after pos merge.
he is a salesmen not an analyst. he hopped on the train saw an opportunity to pump it and make some dough. he is what he is. unfortunate his face and actions are influencing this market. not a fan of cuban either. both are narcissists imo. eth has a solid foundation and plan. it will become the platform for the next century that the worlds finance apps and transactions are built on. just keep buying.
damn, fair point. but isnt there a third option: convoluted pump and dump?
pretty sure some rich guys just wanted to get btc for cheap so elon tweeted this bs
"bad for the environment" but as a financial system, it uses much less energy than running every bank, printing press, federal reserve, security, truck emissions, etc. so in reality, it is greener than you going to the atm. but context doesnt really matter, the news said it wasnt green.
i'm an engineer and know people who worked at tesla, their reputation is as bad as amazon imo. it's a place super top talent goes to build their resume, and elon uses passionate people by paying less than they would get elsewhere. musk and bezos certainly did not hit the top by being generous. people burnout after like a year. amazon is the absolute worst though imo
there's no way he gives a fuck about the environment. he's manipulating the price to make gains
or 3, the mining landscape significantly changed, which it did, from when they bought it. majority of mining is done in china now, mostly coal powered. the run up in price significantly increased the power usage of bitcoin.
i guess it is the latter. that dick is down right evil to say the least.
btc will burn the same amount of energy with or without any particular holder. if tesla sells btc, it won’t save the environment. tesla being richer and stronger means more r&d for a company trying to build products that help the environment. for example, tsla could enter the wind farm business. maybe with a few extra billon elon can r&d a cheap wind generator to sell to people loving in windy yet cloudy places.
musk is a pragmatist suggesting the latter.
considering he is at genius level, he is much more intelligent than pretty much everyone on the planet.
shouldn't you guys be more wary about worshipping people?
is vitalik in the public eye at all? any interviews?
elon is great at selling “futuristic” ideas while still in progress without foundation. society is such an easy sell nowadays.
not really. vitalik is just less chaotic than elon
we’re all retards here. we don’t get to speak on who is smart
he is also much more wow than elon even elon is into doge
sounding kinda culty but i see what you mean
can we just stand ho giving him attention? yond's wherefore he doest t in the first lodging. he just wanteth attention *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
it's not about idolization, it is about representing and speaking for crypto. vitalik is the representative for ethereum on the world stage, and through some wonkery, elon somehow became bitcoin and doge's rep.
i hate him, but starship will pull co2 from the air to make its methane. it will be carbon neutral, so long as the electric sources are renewable. which should be easy in texas. i might hate the dude, but hating on space travel due to the amount of pollution is just too much. spacex broke their record for launches last year... at 28. there just is not enough of them for them to be any kind of concern at the moment, even rp1 fueled rockets. now if this was complaining about dropping a center stage filled with toxic chemicals on a village, like china does... i'd be with you, but spacex simply is not the bad guy here.
his fossil fuel burning rockets maybe the only thing that ends up saving us, as our current planet ~~dies~~ is rid of human life (better?) from fossil fuel use. edit: whoops, forgot to add... fuck you elon.
i remember in school they said tesla cars had a better overall carbon footprint over petrol cars by 30 dollars
yeah, gen z will be left holding the bag of shit coins.
so why are we trying to make vitalik into a false prophet?
we can not forget who started the journey. which is vitalik
except all of vitaliks actions have been for the long term health and viability of ethurium. he had to fight a war with the miners to make sure eth would remain the future of defi. elon seems more like an eccentric pump and dumper.
beyond cringe when they called him papa elon. fuck elon musk. all he cares about is space x. space x is a tesla liability. dumbass should have announced the release of an economic vehicle, instead of that ugly ass cybertruck that hardly anyone would buy...to generate more revenue to keep space x going smoothly. instead, he wants to pump and dump. he doesnt deserve any sort of respect.
there was an interesting rumor that cftc was looking into the environmental impact of bitcoin, due to teslas position this would threaten the green credits they make a fortune off selling. probably sold at the top and shorted it with the tweet. wonder if the debate about environment will boost eth once we get to pos, i can smell the flippening from here.
you can as long as you can hodl
please for the love of god yes
the matrix we seem to be in now? who knows!
oh man you just reminded me i need to play that, got it on pc a while back but was playing borderlands 3 at the time. wonder if they fixed the bugs yet...
lol, no he doesn’t.
how about xrp ? also, mentioned shiba as well.
cuban actually knows the crypto space. listen to some of the interviews, for example the bankless interview with mark cuban. hes not trying to shill coins, but will talk about why hes bullish on ethereum
tesla buys a lot of btc, elon announces it, price goes up, tesla sells it and reports profit on quarterly report, announce profits higher than expected for the quarter, tesla stock goes up.
bitcoin definitely isnt great for the environment, and in all honesty im quite interested in somebody doing the math, how the total energy output used by bitcoin mining compares to what the financial system uses. my understanding is it now takes a pretty fucking enormous amount of energy to mine a block and it has increased exponentially along with the price but ive never really been too interested in the whole 'mining' process so if im wrong about that im open to being corrected.
except bitcoin mining doesn’t replace the entire financial system not anywhere close so the comparison is meaningless. you want meaning then prorate according to utility. it’s not even close.
good point, a theory is that the cftc was looking into the carbon footprint of bitcoin mining which would threaten musk's massive earnings from selling green credits. of course the cftc does not investigate the environmental impact of fiat.
i'm not convinced that would be the case though in the scenario where the whole world used proof of work blockchains. bitcoin already uses more electricity than whole countries and has only onboarded 10-50 million people.
amazon doesn’t allow their drivers to go for toilet breaks. they have to pee in a bottle.
no i really doubt it. in fact i doubt most people actually care(except the few people out there trying to fix it instead of bitching or virtue signaling on reddit) the fact is the things people do use energy and thats no reason to stop doing them. sure we should try make energy cleaner im all for that and i think most people are. but stopping progress because things use "too much energy" is no solution neither is bitching on reddit or in musks case twitter. he basically made the electric car cool and fashionable and some what affordable im sure he could use his big brain to come up with a way to make bitcoin more environmentally friendly(at least i think maybe thats not possible idk lol.)
i think this move is going to back fire on him hard. a lot of people got messed up by this and are getting fed up with him. its not amusing anymore. i know ill never buy a tesla product.
elon is not a genius...?
no shit, comparing them is embarrassing. elon is a boomer, born with a silver spoon up his ass. he’s just another trump.
yes, there are a number on youtube. also writes a lot on his website and crypto community platforms.
bankless podcast is amazing and they just interviewed him again. i do not know how everyone invested in eth has not found that pod yet.
chess not checkers ♟
this is not wsb.
i apologize if i sounded that way, i just admire the man a lot.
the one true voice
bad bot. nobody likes you here bot
interesting, thanks for that information. i’m just hating on elon. i agree that space travel is important all i’m saying is he should keep working on the things he does well instead of playing around on twitter manipulating markets while he sits in his tower. i was a huge fan of his and think he does a lot of good but with great power comes great responsibility and he’s showing a lack of that. he needs to be in twitter time out with trump.
we don’t deserve to be saved
i appreciate your enthusiasm
the system didn’t want crypto. seems anyone doing anything to promote it is good. even calling out faults is good, brings about change as well as the rule, any publicity is good publicity. drive prices down, those in the know will buy more. drive prices up, good for everyone. it’s a win, win, win, except for the system. and people not doing dd will cause scammers to profit off the ignorant, and those guilty of putting out shit coins should be punished.
i’m asking not teaching
doesn't mean i was not lurking the internet in 2012.
maybe he has multiple accounts. like me
they fixed a lot.
wondering the same thing... might get into shib once it settles a little more, also be looking at xrp too but idk what i’m really doing.
i hear you. my concern is what just happened. no one personality should be that influential.
lol you should check what coins cuban was shilling a few years back
ding ding ding! we have a winner, folks.
the above link can explain it better and faster than i can. is btc the one true promised currency? no, but it is close and it is way better than what we currently have. the graphs and msm like to show visa transactions vs bitcoin transaction power consumption, but leave out the part where they make the card, charge insane percentages, run offices nationwide, and the list goes on. most of these banks, offices etc dont run on renewable energy, while over 70% of btc is powered by reneweables.
so banks need; infrastructure (big buildings, several small ones all over the country), cars to move cash, power atm, power servers (which keep infrastructure), banking needs a massive amount of servers to hold their internal and customers data. i am sure, if you add all of the components. you will end up with big kw usage combined. some of these buildings are old and waste 1-5million per year in energy !
it's not yet a national financial system, no. but it is worth more than most financial systems, and uses a fraction of their cumulative power consumption while being powered massively by renewable energy resources (>70%). mining is just one part of bitcoin, which will end one day. the last block will take 100 years plus to mine. but the transactions and nodes will live on, but will operate minus the total mining power consumption. it scales to fit any demand, even if there were 1 billion billionaires.
that sounds borderline illegal from a workers rights perspective. i work in a tech related field and i also know a guy who hated his time at facebook, but they pay a shitload so its more worth it than amazon and tesla who underpay relative to other tech companies
i saw someone say 75% of miners use renewable energy, so idk if that is true or not, i did not look, but if so it kind of makes it a moot point in that case.
yeah i sincerely hope it backfires on him. i also hope people stop basing their financial decisions on memes and tweets.
i do not know. a lot of normal, non-crypto savvy people loved snl, love that tesla is green, love that spacex is trying to colonize mars. just look at the amount of spacex and occupy mars shirts you see when you go to a public event.
it’s debatable. he’s definitely very smart.
elon posts fucking memes all day long at best and at worst is inappropriately accusing a dude of a pedophile. meanwhile vitalik stays mostly quiet but occassionally pops off about his thoughts on economic theory or voting security and then thisappears again.
hello from eu, i am a beginner, need help ... i notice a strange movement at a precise time on all most famous crypto ... the 05 - 10 at 22 hours pm ... all famous crypto eth, btc, ltc and some well known values ... have a candle with similar micro low value ... for me it seem incredible such identical particular candles at the same time ...it seem like a copy... maybe a real pro have an idea ... the micro movement is very particular the 05 - 10 at 22h 00 minutes 00 secondes on all famous values eth btc and some others ... a large dip ... i dont understand as beginer maybe an idea ... thank to crypto i realize 17% first week ... i look every curve before buy ... and i notice this ... someone could explain me ...
ah yes we’re very smart then
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ahhh, thank you for that clarification. i’ll look more into this and be able to warn my friends and avoid scammers myself in the near future, i appreciate the reply
i would say majority don’t know. including myself. 🤷🏻‍♂️
why woulda anyone feel confident investing in shib?
yes. i agree cuban knows his stuff but honestly i don’t want either to be pumping coins up. if they have value they’ll rise on their own.
i agree with you but compaired to people through out history or even some living today his influence is minimal. like compaired to hitler stalin or todays president of china or even the president of the us. but again i do agree that no single person should have enough sway to dictate a nation or a market :)
they have it only because we gave it.
your comparison is like saying shovelling by hand uses less energy than a bulldozer. comparing bitcoin to the financial system is nonsense, you will never be able to mortgage your house, buy life insurance or even obtain useful credit on the blockchain. you’re comparing apples to oranges. so the whole power argument is a misnomer. the bottom line is bitcoin mining is a waste of scare resources and damaging to the environment. elon is not wrong. 🤷‍♀️
i honestly wouldnt be surprised you pay a large initial sum to have free power with something like solar or wind. and i think most power in the us comes from hydro or nuclear(at least where i am we have some massive dams all over the state) i dont think the us has many coal plants anymore. the biggest perps are those dirty ass coal and oil plants that power chinese and indian mining ops and good luck getting them to use clean energy lol.
fucking a right. i mean these are serious finacial decisions. if you base your financial decsions off what one person says on twitter i dont care who it happens to be. youre probably not capable of making good decisions and should find a financial advisor. who can make good decisions with your money. not to mention these panic sell offs thiscourage other people and piss off long term hodlers(though its a good buying opportunity lol)
after today everyone in crypto who is not a doge maximalist has a bad image of elon.
he's 100% a genius. but some geniuses do dumb. vitalik is more cool and collected. musk likes to have some fun, maybe a little too much.
his iq is above 150 that is a genius. average iq 100 and above average intelligence is 120. einstein’s iq was above 160! elon musk is a genius and has great ideas and employs a lot of smart people and that is just running a great business!!
no it’s not. he is a genius.
dude, i'm not even defending musk, but having seed money does not allow you to 1,000x into running, much less being one of the richest people in the world. people said the same dumb thing about trump's "small loan of 1,000,000" or whatever the amount was. regardless of how you feel about the person, you do not just turn a couple million into billions with a low iq, even by sheer luck.
alright relax lmao elon works 80+ hours a week being the ceo of two of the biggest companies in america, you reaching bro
i never heard that. very interesting.
he sells ideas and people are an easy sale these days as majority lack educative approach through dyor
is english your second language?
i meant we do not call each other retards round here...
idk about “investing” in it. but having a few bucks in it is another thing 🤷‍♂️
they both pumped doge 👀👀
it's ironic that people lump stalin in with hitler when in general people barely even know what stalin actually did or had control over lol. he did nooooot have the same scope of influence as hitler or any chinese ruler in the last 65 years. he was one of many individuals during that era struggling to carve out his cut of the nation, but it was mostly other warlords fighting for power and hitler's invasion that killed most of the people during stalin's time as one of many powerful leaders in russia. it's simply invalid to put him up beside people like hitler, but nobody realizes they just keep retelling the same false narrative from a time in history where we had absolutely no major sources of accurate information on that region during that time. stalin purged greedy capitalist land owners who were starving the poor, but because enough actual citizens actually liked him, the one fact of the narrative that actually did make it to the us(stalin was an influential figure who industrialized russia overnight) put stalin in a position where the ignorant massas assumed he was the supreme authority. russia is gigantic, and he did not dictate the entire country. in very real ways, elon musk has more global influence than stalin ever even scratched the surface of.
actually, in the future you might be able to do all those things...
you call my power argument a misnomer, but based that on the state of today's financial system. you cant compare the two, because it is all theoretical on bitcoin's end at this point when it comes to mortgaging, life insurance, etc. elasticity will probably be tightened due to the inability to magically create money based on loans that are ultimately charged to the taxpayer and the lower 2. these things you reference are all untested, with no data yet. how do you know it will not be possible? do you understand how blockchains function? how widely applicable they are? also how are my great^10 grandchildren doing in the future? did they hold my bitcoin until till well after the last block was mined?
precisely. we shall use this thiscount to buy us more coin.
what happened today? i’ve been busy, haven’t looke into crypto news.
he was always eccentric, but seems to have gone a bit insane. we will se how vitalik reacts to beeing one of the richest people in the world. looks good so far
i do not think he is a genius. from what i've read he was never a great programmer. he's an eccentric salesman that is probably above average intelligence. he's just way overhyped imo.
are you just going to keep ignoring the part about his family being part owners of an emerald mine?
where did you get his iq?
you had me in the first half, but then you ruined it by trying to defend trump. trump got that loan of 1 mil from his dad and implied that is all he started with, but in reality he inherited a lot more than that when his dad died.
being a ceo does not make you a genius lmao
but like, it is a fact. that's where the original money, pre-paypal, came from.
i'm actually a huge fan of musk professionally and what he is doing with his own companies. you do not need to defend him to me. i watch nearly every falcon 9 launch. but in the crypto space and largely on twitter, he is a complete assclown.
yes i am from france paris, i tried to do my best ... crypto univers is specific ... sorry is if you have found some vocabulary mistakes
don’t take it to heart, they can call themselves whatever they want.
you definitely will be. not a question of if but when
sure and you can also say bitcoin lacks the functionality of the financial system, that it’s basically a black hole for scarce energy resources, dirty and lacks the flexibility to move to a new proofing system such as pos. long term it needs to change or go the way of the dinosaur. for all his flaws elon is a genius and he knows this. either that or he’s selling all his btc and getting excuses ready.
elon cares too much about attention. vitalik doesn’t seem to care at all, if anything seems to wish more focus would be on the tech. personally that’s what i prefer to see from the rich and powerful.
google lol. he made his results public!
nah, trump is smart. he is also completely and utterly a self centered narcissist, and probably a sociopath. those who call him dumb just do not realize trump is playing a different game. most call trump dumb because his presidency was rife with mistakes, conspiracies, fraud, etc. his presidency was truley a burning dumpster fire. yet trump has walked away. he is richer, he has a massive cult following, and he is currently not facing any jail time. trump is also 74. he has the money and power to delay all his lawsuits for as long as possible. he is incredibly unhealthy, so i doubt will live to 90. so he just has to delay for 16 years, then who gives a fuck? history can call him whatever the fuck they want, he is dead & he do not care.
you 100% missed the point.
his iq does though lol. above 150
you have no idea how difficult it is to run a business. ceos are hardly ever stupid, if any. the rule is they are some of the smartest, most perceptive people in business, hence their pay and position.
just because he fucked your doge doesnt mean he is not.
and thats the money that secured the success of tesla and spacex
lol yet you bash on him bro grow up y’all really giving elon a bad rep. in social media
all the google results i see say his iq is estimated at 155, which is a useless statement in my opinion.
some people figured him out and of course that means they’re either annoyed supporters or woke detractors.
no, i got your point. my point was that it does not apply to trump.
no, no, and no. you can break down most ceos into 2 groups. the privileged elite who got their through mommy, daddy and ivy league connections and may or may not be competent (usually not much more than any b school grad is competent), and those that worked their way up from humbler beginnings and truly are special. i definitely would not call them smarter than most as nd definitely not elite. money can buy a lot of things like good advice. look at bill gates, he got his daddys influence and seed money to buy his friends idea and market it to ibm through his daddies connections.
you have no idea what a ceo does, clearly
i do not have to be a genius to know not to fuck with doge, i'm busy with actual cryptos and stocks that have purpose :)
he bought his title as a tesla co founder. he didn’t even found the company. he bought pay pal, he doesn’t originate ideas, he buys them. he’s a “genius” at capitalist maneuvering. is hollow
money does not secure business success. it may be a necessary condition of becoming a multi-billionaire. it is not at all a sufficient condition.
in simple terms, elon is giving himself a bad rep. no one else is doing that for him. like this other guy said, hes being an assclown publicly.
i'm not bashing him out of nowhere. he chooses to do what he does on twitter. he should be above that and chooses to act strangely and recklessly. as a big tesla fan i was really pissed when he started manipulating his own company stock, but the sec stepped in and got him to chill. now he is realizing he can do it in an unregulated market with nobody to tell him no. fuck that. i can love the guy and still think thats trash.
you can get very far in life with brains. but connections make things a lot easier. but with some work people can get them(not everyone of course) i mean sometimes you just gotta think outside the box. i was thinking about going to try sell weed on an ivy league campus lol that could be a good way to meet some pretty powerful friends lol. but youre right connections make things way easier my dad always would say its all about who you know. and my best bud used to tell me its not who you know its who you blow lol.
oh my god you’re an idiot; a bitter one, at that. did you know there’s a *third* group…the group that went to an ivy league school, didn’t come from humbled beginnings, and is also truly special? just because you graduate with top honors from an ivy league school doesn’t mean you were spoonfed. yes, ivy league graduates have the most valuable connections in the world, but if they graduated then they deserve it. ceo’s are often from ivies and for you to imply that those all have to be apart of the privileged elite, is just foolish at best. apply to harvard and yale and see if you get in. try oxford or cambridge next. then go get your ass rejected from mit even though it’s not even in the ivy league
just educate your self on elons history. :)
it’s relatively easy to start a car company. loads of them exist with prototypes and limited production. what’s difficult is scaling it up and making it mainstream. that’s what elon did and that requires a special gift you can think about elon as you like but you can’t deny his genius
i was being sarcastic hence the
couldn’t have said it better
cause he post what he wants ? damm y’all are really pathetic... the ones giving him the bad rep are idiots like you bud 😴 how hard is it to realize that ? wait it’s 2021 nvm this conversation is pointless... gg
i have, and allow me to repeat myself since you did not seem to get it the first time: being a ceo does not make you a genius
seems to me he’s a genius at creating hype, the same way donald trump is a genius.
my b dude. missed that
give your head a shake. we done here.
oh no, how will i recover?
[tip this post any amount of ]( (by [9:15pm utc]( to keep it visible.
the truly sad part is when you do not have any more funds to keep buying and have to watch the dips go by without being able to buy anymore.
dca all the way down. a captain goes down with his ship
every once in a while, someone will perfectly encapsulate what's right at the contradictory heart of human nature and behavior in a way that everyone can understand, and this tweet does it.
i just sold a second hand branded pair of shoes that i am not using anyhow and bought my first 50€ of bitcoins. let see 😈
time in the market beats trying to time the market, proof is in the charts. patience is key.
you're going to be sorry in 5 years if you did not buy.
i still remember thinking i missed it after bitcoin went to 30ish and then crashed. i was like this will be like beanie babies in 10 years.
there must have been a ton of buy orders in at 3,000 because that thing went right to 3,000 and change.
man i wish i could somehow trick my brain into not selling the bottom and buying the top. i swear i’ve done this so many times now even though i know its wrong. what’s wrong with me.
the bulls are still there, the bears have not come. don't let some market factors cause fear. keep holding it or keep buying at the low level and wait for the rise .
choosing the right crypto at the right moment matters.
lmao true man, people will always complain no what happens in this market.
i’m new too crypto. is the market in a dip... or in a correction. i’ve read comments saying both... will it go back up ?
always same story. people panic sell at -50% and starts fomoing in when it’s already 100% up
these folks will get fomo down the road. lol
i swore this happened last year and i got rich over it
but the bears told me it was dead
😆 🤣 😂 😹
haha, too true - most people would rather buy at ath lol
adding to my bag!
so true. i have a friend who was acting exactly like that. but i do not push him into anything, it is his own business.
...there is a beverage here man
hahahahahja yeah... so true. let the madness continue 🌎🌟🔥🙌🤝🍻💋💋🍾👷🏻‍♂️🎅🏻🍸🥂
did anyone care about the news ?
so how many people are a part of this upvote train? i mean 1.4k upvotes and 88 comments. this has to be made up.
hahaha completely accurate. this happens every time too
buying a little every day now
when your dumbass buys crypto when it up and spends all their money and can’t capitalize on the dip 😤. i’m still learning. not selling.
this is how it goes alright. maybe i will sell some plasma.
i wish there was a massive dip just for me just for a little moment so i could buy eth on ... but this will never happen again.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 6 acronyms.) ^([thread for this sub, first seen 9th jan 2022, 21:31]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
i bought this dip. i bought it hard
can it die harder tho so i can invest harder?
u[tipped]( you 21.0 donut!
me i’m like ... i bought enough dips time to stack those chips
u[tipped]( you 2.0 donut!
this is a correction.
just like the relationship with your dad
people still trying to get the perfect bottom.
every time. they just want to get rich quick.
crashed twice already this year from the 4000s to the teens - we’re still above 3000. yawn. and yes, please, give me another chance to buy sun-2000.
u-row-4665 [tipped]( you 1.0 donut!
fda approval imminent xair 🚀🚀🚀🚀
-50 is pretty large drop.
so fucking annoying to these kind of people.
i love how daily people are still thiscovering opposing voices talking on the internet, weird huh.
bitcoin will only go down not crash and there are still many people who are holding it.
only the beginning better dips on the way, bitcoin the trend is not your friend !
how long you think this will last? like how much longer will it decrease?
always be careful what you wish for in crypto, a 50% dip that you wanted can easily turn into an extended -90% dip
followed by those that sold the bottom at 30k and then spend their time trying to convince it is going to 10k so they do not feel bad. then fomo back in as it goes towards 60k again .
this little dip doesn’t look so bad when you zoom out.
this was me through so many dips, i finally learnt, but after too many missed opportunities...in since the run up of 2018 :(
i been poor all my life do you really think this crypto dip is gonna make me flinch lmao .
dip is nasty and rise is superb. so i do not react and encourage everyone to consider long term investment.
that is so relatable 😂😂
yup ,we are all wrecked. if you bought in 2021 you’re losing a load of money.
i come to reddit to laugh my ass of and hop off for a few hours then repeat
tbf eth is dying
all money already invested :(
getting to . there will be pain along the way. let’s be realistic .
man i wish i could somehow trick my brain into not selling the bottom and buying the top.
is it a dip when its down ,000 or is it a full blown bear market ?
lost a ton … you can too ! buy early buy often just buy 🎁
it's hard to sell, to stop the loss... because you're too in love to let it go... but if you never try, you'll never know... just what you're worth.
saylor buys the dip at ? the time to start buying is now saylor.
bitcoin is up only for those that have a longer time preference .
everywhere turn w this stable coin system there is high fees.
i'm canadian is there a problem with canadians you biggot
u-jellyfish267 [tipped]( you 10.0 donut!
i was so excited to get my first bit of bitcoin on the dip!
dca and stake! find a crypto that pays you to hodl
i bought and bought and bought and bought and bought hard and held. now i’m in
if your buying on centralized exchanges or robinhood and are not futures,margin trading, or something other than idiotically just purchasing and holding. than i could see how your dumb ass would think crypto is dead. you see someone who posts like this is ignorant. "crypto is deadman. it keeps dropping. yeah haha buy the dip man hah ma idiots. " no, crypto is not dead the modern way of handling data and centralized business structure that profits from its employees in a top down model is done. this replacement will happen abruptly and you would not be ready. the worst part is your dumbass does not even know what the fuck i am talking about. you probably think crypto is all tokens and coins and made up money that just airdrops to you and you get spend it. crypto is about community and majority of the projects being done by the community are groundbreaking and revolutionary and have nothing to do with being a currency but do provide a new business model which employs governance, protocols, and empowers the community. it is actually a better version of america's democracy and economic structure. it does what america said it was going to do and never achieved it because of greed and corruption. if anyone actually stops and thinks about it the answer is obvious why prices dipped recently. 1. the ability to spend crypto at merchants locations. this was not realized as it was happening but retailers are not holding crypto they exchange it immediately for usd as we know this hurts price when large qty are sold off. explains oct-dec of 2021 dip. have to to do it to pay employees etc. 2. young market experiencing large income overflow equals lots of spending and pressure to advance innovative and expand. this is good. happens in present markets all the time. tech sector usa stock exchange tesla starts moving money to invest in studies, coins, and market there products cause tesla stock to dip fee . once gains and reports come in tesla is doing great a sudden spike moved right past was here it was previously in a few months. expect the same for crypto ie bitcoin expanded with implementing ways to get it on other networks. eth 2.0. web3 release blockchain2.0 nft market expansion. crypto.com new network involved in defi wallet nft market acquiring the small nasdaq and small exchange for new software innovation, i could continue all day but fast forward just project names matic,mana, gala, loopring, enji, 1 inch, ada, ... i missed a bunch but they all spending like a justin bieber when first got rich lamborghini for all. the market is not dying it is growing at an unprecedented rate. i say that as a former skeptic myself. there is no way it is going anywhere. gaming sector is just getting started people question nfts. some individual projects are worth anything but overall nfts are maybe the most innovative an awesome thing in crypto it is here to stay. imagine your child who nearly pisses himself when a new character skin comes out and he has to have it. now imagine that he can use that nft skin on all games on a blockchain and give it clothes and customize it o shit raise from a child to a grown avitar and no one else can have it it is solely his. how much more is he. nfts are better versions of copyrights the architectural sector has not even gotten involved with creating nfts out of plans so that they are not stolen alter or reused. nfts will single handily change the digital and virtual ownership rights as we presently have none because screen capture and well i had it first is the present model. your asleep if you think crypto market is dead.
if only i had money or could get a refund after buying the top.
dca and hold is best right now i feel
thanks for the advice, i never stopped buying . as a matter of fact i just bagged eth .
it’s literally a thiscount.
only if it was so simple.
we will rise and shine again
i probably bought more around 3600 than i did at 3100, but i guess if we’re sitting at 5k than a profit is a profit. maybe just stake it and call it good?
that’s why it’s good to take profits - dca out, dca in.
i feel this so deeply right now haha. the fomo is real, and i have no spare funds to buy
that’s when you collaterize the crypto you’ve accumulated to get a fiat loan to buy the dips!!
that's what i feel when people tell me just say buy the dip in every sentence.
no money left so this dip is just pissing me off for the 100th time in the last several months.
take out a loan….????!
''gentlemen, it is been a pleasure losing money with you''
“it was my honour to captain this ship sire”
the difference is this ship will be afloat again. and we'll be sailing to private islands.
branded pair of shoes? like something burned into them?
you're the true dip buyer man, mayi honor you? how would you like that?
or happy once it’s regulated by the government and worth next to nothing .
i'm already feeling sorry for myself because i bought it, lol hell no.
time flys by quick and yet it feels like a month, a day that is in this market.
that is where i got in yesterday. for the first time i think in ever i actually got in at the bottom of a dip. i was expecting to buy at .
it just went below 3k, as btc went below 40k few haours back.
only we could do the opposite of this, wouldn't that be something of beauty?
it's not like they are broke or anything, it is greed man.
or i think they bought a shitcoin at ath.
it's the best thing to do in crypto.
dca my friend gives so much peace to mind i cannot even tell.
atleast someone got rich, all i'm being is the broke here.
the bears are well and alive and are playing with us all.
it's called fomo and it is very bad, do not ask me how i know.
yep, it is new year thiscount.
keep adding that shit to your bag man, just keep adding.
don't even do that, if the market crashes further, you'll be the one getting all the blame.
*you heard the man, time* *to pack it up. check you guys* *in the next bubble* \- anuncreativename10 --- ^(i detect haikus. and sometimes, successfully.) ^[learn'more'about'me.]( ^(opt out of replies: "haikusbot opt out"delete my comment: "haikusbot delete")
hold up son this am not over yet, give it a little more time.
what the fuk are those kissing emojis lmao?🤣 chill out dude.
who watches the news man? it's literally 2022. nobody does.
i do not know about you guys, i'm a part of it and i like being here.
not to me son, i'm dcaing this shit. gives mei peace of mind.
it's called dca and it is the best sword to cut the apples.
learning is always good, little knowledge goes a long way in this market.
this is how it goes every time and we gotta roll with it man.
lmao, you gotta invent time machine for that. and give me ride in that.
i do not know who needed to know all this, but hey i'm not complaining.
as we bow down to true lord eth, the earth will bow down to us.
it's the way man, i wish i could buy too but i don't got no fiat.
people who really wanna invest do not wait it like you. they just buy.
is this is a correction then it is a very big one lol, we do not usually see these.
lmao, you do not gotta be this rude to the guy man. chill.
and in the quest of wanting to get rich they get rekt instead.
we are holding our end and it is all that matters. we gotta keep hodling.
depends when in 2021, i’m still up. if you bought in feb, june during heavy dips you are in the clear by a lot.
i swear i’ve done this so many times now even though i know it’s wrong. what’s wrong with me .
dca is the way; long term accumulation over full buy in and “get rich quick” mentality. set a plan for 5yrs and stick to it. got me my down payment for an apartment!
or you could sell your wife and kids lol
i hate that i'm always out of money when dips happen.
guess you were playing the game in legendary mode huh...
i literally just invested at like 47k and it’s dipping hard... i’m sad .
lol buy with cc and issue a cash back if the trade does not go your way!
except its a bubble not a dip. see you losers on the way down.
i've been keep saying this, it is the best. dca gives you peace of mind like nothing else.
that's good for you son, you'll not regret this decesion i'm sure.
there's nothing too complex about buying in parts and hodling them.
the hardest part is guessing when will the dip end.
in a few years, it won’t matter if you bought in at .
stake it, enjoy the rewards and watch it grow in time
just hodl it man, you'll be sitting at 10k i'm sure. it's inevitable.
what does dca mean?
the problem is most people are afraid of taking the small profits.
the fomo when the market is red is good for you. when you fomo in green that is bad.
people keep telling this to others but they do not do it themselves.
yea do not do it
this is bad advice please do not take a loan out on speculative assets.
“aye, but think dar hookers n’ coke awaitin’ us maties”
well i've been a loser my whole fucking life, so no problem at all.
in a yacht full of hookers
yes… stigma. english is obviously not my first language, apologies.
nothing man, it was just a boating accident which got his shoes burned.
well, i hope you don’t mind me being a woman and all… 😆
that's the whole purpose of cryptocurrency though lol that would make it more valuable...
you really think that is going to happen? look at el salvador.
hell yea dude good shit. i was buying all the way down and had my major buy order at 3000 and missed it by cents lol
some whales must have pushed it over to stoo panic from spreading.
lol, that is what they really are. they buy shitcoins on ath. you're right dude.
it's literally, and you'll not even have to use that ape brain too much too.
lol this is best, i'll like myself a bot like you really.
litle kiss helps always 💋😘
go back to sleep there is no news dude is kidding about it.
yup you and me both! winning strategy
you gotta do dca before you do the staking. thus dca is the winner here.
oh i do too i still want the chips with my dip ... i have a limit buy set it missed by a dollar last night 😩
i’ve set myself a plan for 10 years and am dcaing . dca is the way
i wonder how many btc is michael saylor gonna buy now ?
dca into tesla you will make way more money in five years than you ever could in btc.
i mean that would be even smart, you'll get money also lower your expenses.
put your kidneys and liver to use
we all are in the same boat
lmao, if you keep thinking like that you'll keep missing it.
it's the only mode i've got in my life dude, it is the legendary mode.
it always ends so quickly too. there will be good news and bam, massive green dildos.
why even guess, what good it will do? nothing. just enjoy the ride.
it's the power of hodling in this market. it'll take you places.
best thing to do man, do not sell in the loss rather stake it.
i’ve still never sold eth before. i have been tempted so i just staked it. it felt like when you’re a scared kid and you just force yourself off the diving board and figure that once you’re off, it’s too late to chicken out.
dollar cost average, it means keep buying in parts on different price points.
401k loan losers!! you are shifting your risk profile from stonks to crypto.
agreed. regulating will bring more adoption. feds know it’s too big worldwide to take away.
i thisagree. once regulated it will be worthless and taxed . no value in something that’s no longer in play . or maybe i can get a million for my cassette tapes or vhr ? let me know if you have a buyer .
it's the whole point why it exists, to fuck over the goverments.
we also sold all our bad mortgages pryor to 2008 to third world countries until they figured out they were worthless and stopped buying leaving the banking institutions with the bag they created . just food for thought .
lol, now that it is even dipped below 3k your all order must be full now.
that's a good chunk of money that you've been putting. hope for you.
shit and i thought i was slow. am dca-ing
you pay a lot more in fees that way though.
you think ? i guess it depends on how old you are lol
that’s an odd comment 22 days later. why bring up tesla? why use btc as example in an eth forum? anyways, i believe you are mistaken but that’s ok.
i’d go with a kidney, the liver is kind of important unless you going to donate a piece of your liver that would work.
i think you can sell part of your liver, it regrows.
nobody like liver, people feed liver to their dogs lmao.
just buy it, it is literally the best advice lol. just get into it hodl.
yeah, we never actually get to buy the bottom
i love massive green dildos
hope you're right because i just want it to get over. it's becoming too much.
i’m in negative, so the dip ain’t over i guess
and what if it keeps going and we hit prices in the negative?
exactly man, nobody knows what ths too is and what's the bottom.
only a fool would not want to buy at the bottom and sell at the top. being able to do that amounts to more patience and attention than most people have to offer. however, buying on the way to the bottom and selling at a higher price is definitely reasonable if you watch the larger trends.
you sound like a leverage kind of guy.
don’t gamble what you cannot afford to lose
and there was me reading shakespeare (original) to try to learn english in the past… and now… reddit. yay.
anything and everything is good for crypto market. let's see.
we go to war over the value of our dollar and it’s exchange globally. do you really think the government can’t step in ? they will take over at some point and don’t think the fact that taxes not being paid won’t be a determining factor . it’s inevitable and resistance will be futile against the government.
there'll always be buyers governments cannot stop us, they only can stop normies.
yes! now we just need it to rip
enough for what, exactly? this is just the mentality i was talking about.
, i think it’s enough for my (small) goals
i do not think ny liver will function good after all this drinking.
you can go with kidney. when you get ultra rich with your gain you can get the kidney back and be healthy again.
the liver has two lobes, if you cut one lobe the other one will grow to the same of the whole liver
the small toe will fetch you 30k each for skin grafting.
only if we knew what's the top and what's the bottom, we'll be millionaire.
go sell some shit you don’t need and see if you still feel that way. the 15th is coming and a lot of folks are gonna get paid. wonder if prices go up soon.
if you think paying yourself 5% interest plus a 30, i guess that is leverage in your mind.
i’ve never seen a better time to get out of stonks (except bank stocks) and shift to crypto in my life time.
bitcoin is the most peaceful revolution ever is called that for a reason.
oh they will find a way to tax. it’s inevitable that crypto will be used regularly. they will make it work for them.
and then a trump supporters steps in. you are the government make your voice heard if you feel that way let them know what you think write letters get involved with your government stop benching yourself on the sidelines ( waterboy)...
governments can’t stop it ? i’m sure they can and will . get out while you can if your invested . just my opinion.
thats the most important part of dca. sticking too the goal, which means setting a realistic limit that you know under all circumstances you'll be able to meet. i recommend as you can, put a little extra aside. say 6 months () so if you ever have an emergency, or bad month, you'll still be able to meet your monthly dca with the 6 month reserve fund.
lmao, this is the best use of mind one can do. maybe sell your mind too.
wow… a cash cow… 😏
i wouldn’t recommend it. your food taste changes. you used to like shrimp? not anymore (example)
you can’t make a bad investment good with leverage, but you can make a good one bad. i’m not saying you will get recked, but you could. tell me do you 100x on ftx? it seems like your risk profile
your advice is good, but others do not see. but it still depends on the way it is used the problem with loans is that it is hard to earn money. it will have to get paid. so with , it does not really leave space for loans. but can you help us understand the loans process? it was confusing for me and i wanted to do this. if it dips more, might as well get loan money just in case.
all the talk about dollar inflation and you guys go out of stocks, an actual inflation hedge and into tether which is tied to usd. lol?
they are already taxing crypto gains heavily so there is nothing new there.
bitcoin was created as a black market currency for drug dealers , etc in a attempt to hide funds and used underground. it was created for bad deeds and people doing filthy things . when you can use real currency to do what bitcoin does ? what’s it’s purpose?
how naive of you that you think that there is only one nation.
hate to break it to you but usa is not the entire world
lol . writing letters is your way of being gangster? ok ( granny) i’ll write them a scolding letter about the evil deeds they have done and do ! that will show em ! lol
already sold the cow.
keep cutting on those livers and keep growing them back. good business eh!
your are clown, how did you extrapolate that? your telling me that with the fed raising rates 3 plus times this year plus ending it’s bond buying program that stonks are going to outperform crypto you need to go back and take econ 101 again.
if you have a 401k at your work you are allowed to take up to 50% of it out with a loan. i don’t recommend that, take out out 20% of the value. the initial processing fee is around 30.50. you get to pick the terms of the loan. choose 60 months. each month your paycheck at work will have the loan payment amount automatically deducted from your pay check. you are paying yourself back 5% interest you get that money. you are only out the processing fee and the quarterly fee.
who said anything about tether lol
bitcoin was not created for the black market but has reached it. the majority however are not used in criminal activity. i take it you’re new to crypto. a simple online search will tell you what you need to know.
exactly man, this thing is global and we're all together in this.
hate to break it to you but we are the world power and in current times the leading nation of all . my dad would say …. in the afterlife we have god but on this earth there is only the good old usa 🇺🇸.
so your way would work right see you in prison dumb ass . what you should do is write a letter post it on social media along with their response and if the do not do jack shot them vote them out whoever it may be or run for politics yourself seems like you've got great ideas shooting mine down.
the cow will grow again do not worry, that is how dairy industry work.
i’m just wondering man jeez. i didn’t mean to offend you. you do you, i’m not saying it’s a bad decision or you are dumb.
chill. also crypto is not even a part of econ 101.
the problem is the job part. so i would not necessarily qualify. but i know there are other methods, but the payment is one problem. but i will have to do shorter term trades or stake to generate good income.
big caveat that if you change jobs, you have to either pay it all back (by the time taxes for that year are due) or take a thistribution (aka keep it) and pay income tax + penalties on it.
it was used mostly by the black market of course . those wishing to transfer funds anonymously. come on . ? anyone looking to hide money or transfer it for anything anonymously is usually not for good deeds . it’s going to be worthless and has no value . bottom line . looking into its future is my suggestion to you .
world power in all fields, especially geography
ummmmm ? flashback ?
better hurry up and buy it’s almost over the 200 day moving average
no but the whole raising rates part and ending the bond buying is actually econ 202 sorry
i can’t help you with the job, if you don’t have a 401k to draw from don’t do it
it’s 60 days from when you leave your job
what are you talking about? is your info based off of facts or what you have read briefly somewhere? criminal activity is less than 2.1% of all crypto transactions per the article below. crypto is not about hiding money, is that what you understand from it? laundering of fiat currencies is way higher than crypto. just because you do not understand it, does not make it bad. don't need your advice mate. happy reading... [
your missing the simple point . why use a currency with no value ? the dollar is traded worldwide and accepted worldwide. crypto was used in the beginning by those wanting to hold funds outside of the norm for reasons less then virtuous. it’s going to zero as it has no value or future . once the government regulators get ahold of it …. kaboom .
i think you are friend. this currency is used and shared worldwide. actual currency can be stopped from being sent to another country if the government so wishes. crypto was created to send money online and without a central institution hence the decentralized. zoom out, crypto is not about crime. did you read the article?
why do you think something has value when it was created from no value ? understand? how many more crypto coins hit the market and are still being created ? a lot and much to do about nothing in the end . the concept is flawed.
you still here? you’re going in circles. don’t like it, don’t buy it.
won’t ! ge looks good .
all i want is eth. i do not ask for price. 1eth=1eth
i remember buying eth 13 months ago for . ? sure, totally reasonable
there's no catching a dip for eth. just get in now
those guys will buy at
bought two out of fear of not seeing sub 4k eth again😂
it went from 2k, to 4k in absolutely no time at all, calling this a dip is just insane
“dip”? it went down to the price it was 24 hours prior. lol
"they bitch out"? that must explain why the dip gets swallowed up instantly and we are at -4000. sounds to me like many people did not bitch out.
bought that dip yesterday at 😎
i just bought in for 1 eth... better late than never
the dip lasted a millisecond tho i couldn’t catch it
i'm riding the red and green line forever. not letting go of my one ethereum.
i didn’t bitch out. i just don’t have any more money to put in right now. the last money i had i put in at 33.
i spent my ’ve ever made. should we hit , i’ll be able to quit my job and finish school without having to work while attending classes. i’m going to cry if that happens. i’ve been working my ass off in a factory for three years while working on an e.engineering degree. that last year has been shit. but, this nest egg means the world to me. here’s to many moons and lambos.
see you in valhalla brothers
the dip memes are better then the green candle memes.
i bought in 2017 at 80, bought in 2018 over 1000, bought more in 2020 at , bought yesterday at ... gonna keep buying until ,000
just waiting on my loan to get in my bank, then im grabbing a full coin. 🪙🔷
two different mentalities, possibly? seems silly to assume the same person seriously wanting a dip is complaining when it happens. i guess generalizing is just how we simplify the world to make ourselves seem smarter and more stable than everyone else.
i hear a bunch of talk from these nubes but i do not see a lot of action.
all hail ethereum jesus. where can we buy merch?
emotions get in the way of trading, engage your inner cyborg
that was not even a dip
can somebody explain how 10k is a reasonable price target?
never trust a man who calls himself ethereum jesus and pumps ethereum, come on son :). no offense to ethereum jesus, just saying .
im still waiting for the dip tbh is it over already??
only way left to go is up!
this is what we consider a dip these days. are these folks coming in from wsb or something?
that is true, make me just want to have a rant and good old moan. anyone see the moon.
all staked so can’t sell won’t sell wouldn’t sell anyway
you could buy 32 eth and be a validator at the price that it is right now and people thought it was too late at that point lmao
yesterday's ath is today's dip
i remember bitching out from buying but not no moe.
what some people do not understand is that when it comes to ethereum it is all dip. crypto is stabilizing and the bear runs are getting shorter. looking back in 20 years you will see that every moment was the dip so there is no bad time to get in.
most of us actually are plebs guy. just because you and i were able to afford eth does not mean everybody had. no reason to kick the poor even more than capitalism already does.
well said ethereum jesus
this was me when we dipped back down to . i had eth in the cart ready to buy and i really don’t know why i didn’t hit the buy button. i’m kicking myself now
it will dip sup 1k after the bull market and then i will be buying like crazy
will we see a dip soon? let's say to 3.5 k?
ethereum jesus is my spirit animal
i want to buy at 3600-3800, should i go for it? you dont have to be a financial advicer to advice me 🙃
, but stranger things have happend
so much hostility. calling people out when you have no idea what the fuck you’re talking about doesn’t look cool on ya
god i hope there’s a dip to get in on the ride more.
was supposed to have my tax returns back by now! need more buying power
what is everyone's predictions on when we will hit 10k?
this is because any and all markets are driven by greed (bullish) and fear (bearish). it is that simple. when there is a dip it can cause fear and people hold unto their wallets, holders get nervous. rinse and repeat.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [ltc]("last usage")[coin] litecoin ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 25 acronyms.) ^([thread for this sub, first seen 11th may 2021, 16:30]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
people missed the thiscount they wanted so bad few days back. 😒
it's still up on the week lmao. barely a dip at all
bought my first eth at 4200. just figured this is the dip
loving the gas fees, gonna def die once eth hits 10k
why can’t you buy crypto on an ira account?
i bought up the dip and the dip, and at 4100. this is nothing, we will be at 10k in the blink of an eye and you'll still think why did not i buy in back then.
i bought a portion at the dip? let’s take a poll should i continue to buy at the dips
anyone have any idea what the pullback will be to, surely one is coming?
everytime it dips i have no money to buy some more
i ain’t want no dip
completely correct, i see way too many posts about frustration about there not being a dip, and when it happens many of them are not buying that dip because they think it will dip further. there could be a double bottom, but ask yourself is it worth the risk a few hundred bucks when you know where eth is headed? the answer is usually always no.
i’m guilty of this. so eventually bought more at 2400 thinking it was the high. and i would just ride out future dips anyway. boy was i wrong lol
i’m staking my eth, but what does that mean?
it’s not the same people. that’s just the two different types of eth investors there are.
guys please can anyone help me with this question: i have 0.04 eth on my binace smart chain but i’m trying to swap 0.35 it to bnb but it saying something i needed 0.004455 bnb please what do i do?
but should you sell your eth now for link?
3 full shares and i’m good with that lol
22 x 1637 = 36014 my then price, 22 x 4000= 88000 total gain= 51986
im súper thisappointed that they don’t have the twitter handle jethus
got in at -. pissed away a lot and spot purchased along the way. staked 5% on coinbase a couple weeks ago just cuz it’s easy.
see you at 1 mil bitch.
eth will fall . 17.05.2021.
what dip. eth was worth hundreds just months ago... you either got yours or you didn’t
my prediction is it gets to 10k by july. incredible project and ecosystem
boys found a hidden 💎 for degens only 😂😂 rug me daddy 🚀👀 can the crypto community send this x1000 🔥🔥before the rug in 4 hours. 🔥🔥 launching friday 🚀🚀
lost 400 on etheruem classic bought at the peak. i need loopring to jump high so i dont have to hold it forever.
there was a dip?
yearn finance is the ethereum token that’s taking off!
eth to the moooon
i’ve continuously bought into eth since it was ,800 cad. i’m investing not looking for a 24hour get rich idea.
i want 12k eth! . bitboy thinks it could hit over 25k end of cycle lol.
i dont wait for the dip. just bought some more.
let’s all keep buying 20 dollars at a time. we’ll get to that trillion dollar market cap in no time🤨
jokes on him, i never stopped buying
i said something similar yesterday and was criticized for being “mean”. maybe i need a better handle.
still waiting for the moment when suddenly eth shoots up, wrecks tons of people and the crashes and wreck even more moon boys.
bonfire is a really good cryptocurrency to invest in. you should pop in and watch their ama tomorrow and invest some of your portfolio into bonfire. because the fire is only gonna get bigger from here! 💹🙌👀🚀💯
bought in at , scooped very little at (wtf) and a bit at . it sucked last year but luckily thought; fuck it just buying
boom! fuds all dead when next day they see eth firing up to the moon again.
eth is dipping every day and ppl still don’t see it
truth indeed! have been seeing so many “see you in the bear market next year” posts. boy, they will be wrong!
bought at 4.3ish! idc if it drops 1k tomorrow, im in it for the long game
you think that invest now is a good idea?
a stop loss order is the same as bitching out 😅
i'm so mad that the dip was in the middle of the night... i would have snorted that shit up
i want an eth dip to
transfer that eth to tking it will be 1000% watch
it copies btc. when btc tumbles eth will follow. when the stock market crashes. doge will rise. and doge will have smart contracts, nft's, staking, liquidity pools, and all the shiny objects that make you think .
what you guys think about shib ?
cardano & polygon. eth gas fees too high
harmony is better than ethereum. yeah, i said it.
want to be a part of the world fastest growing trading platform? slide in my dm.
1 eth is not worth , .
32 eth = 32 eth, we should strive to be validators, not just traders.
fucking fiat punto, i should have spent my savings differently a year ago
i remember "you all got any more of that sub " memes being ironically posted after eth went below .
i got in ….
>? sure, totally reasonable that's too bearish
congrats and fuck you (respectfully) :)
it wasn’t easy buying during the -50% correction back in march 2020.
i have made every mistake possible. i bought in 2018 at its peak and while it would be great to have bought later i am hodling and smiling now. i believed in it then and i believe in it now.
that's crypto for you. if eth 2.0 really does put a cap on inflation... well enjoy the ride i guess.
yeah i used to watch the charts like a day trader everytime i went to dca in. if my target is 10k and "never sell" anything under 10k is just a buy now. so i worry a little less about the current price. my concern over 1502 and 1599 seem silly now.
the best time to buy eth was yesterday. the 2nd best time is right fucking now.
i’ve been saying this for months but tend to not catch much agreement. back when it was nearing and hovering on either side of , i was commenting and asking why people don’t just buy more now if they can rather than waiting for “the dip.” the point being, you can buy x number now at ,800 or buy 1, watch it climb to ,300, then “buy the dip” again when it corrects to ,100. rinse and repeat. but with that, if you’re overall bullish, you’re just increasing your dca. it only makes sense if you’re living check to check and trying to time when to buy more eth. if you have money to invest, why not get it while it’s still cheap?
in the long run, this is the dip
it was like a . i'll take it lol
and just like that, 11 hours after responding to a post about this “dip”, it’s hit another ath.
if someone said to you ‘i’ll reduce this cars price by 500 and maybe just maybe every month or so i’ll pay you back interest’ are you gonna go ‘nah not today’ if you’d spend it on games? eth. spend it on hair? eth. spend it on entertainment? eth. food? eth.
how many people waiting for the dip in 2017 bought in march last year?
you and me both brother!
well theres a 100k for you in a couple years! not bad eh??
limit buy, friend. place order, throw phone, smoke weed, jerk off, catch the dip with zero effort, profit.
i'm riding the r'd and green line still. not letting wend of mine own one ethereum *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
yo, just want to let you know i feel for you & your story and wish you the best. let me know if you ever need any ee related help!
what would be your dollar average cost?
why stop at 20k? just curious.
bought merch at 🚀
it was the literal textbook definition of a dip...
that would put the market cap right around where btc's is right now. no reason that could not happen with all of the ethereum development going on.
it’s going to happen maybe this year maybe next maybe in 3 years but it will happen
start by having a look at the transaction fees that eth is earning daily as well as how much value is locked in the eth eco system right now...
don't you want to go to ethereum heaven? ethereum jesus is our lord and savior.
you can always unstake and sell, but you lose your staking gain.
is there a good eli5 explanation of staking eth?
sub , maybe, but i personally believe the days for sub . please prove me wrong though bc i'll be right there with you on the buys all the way down. if we hit , i'm moving all of my other savings into eth.
imo anything under 5k is a no-brainer buy right now. within 10-12 months i see this being 10k minimum. personally i’m adding between 0.05-0.1 eth every time i get a paycheck regardless of the price (currently holding 1.25)
yes i'd you can catch it at 3600
it’s really anyone’s guess. at this rate it could be in two months, but chances are we see some consolidation and it takes longer. this bull run has been nuts and will probably have a breather. but maybe not...
predicting 12k by end of july
🤷‍♂️ , only more room to grow
if btc falls below . the only way to hedge the fall are futures short positions or staking your alt holdings like i do for spiderdao on [nest]( staking program.
i am waiting for the dips to buy, not fomo-ing right now since i see a correction round the corner. we are already overstretched overall all so need to cool-off before the next leg up.
this is the gwei
now this is the way.
yeah, not gonna have .
buy when it crashes at the end of the year the become a validator
yeah, a fiat multipla is what gets all the ladies anyway.
you’re not the only one man. this has totally changed my way of thinking about money. come the bear run i will be mercilessly buying up eth. blew a ton on ski equipment i couldn’t even use due to covid back in september. if i had put that same amount of money into eth i’d be rolling in it. you live and learn.
you spent all your fiat on a fiat?
could be worse: see "bitcoin pizza day" which is coming up this month.
got in at 3100
i got in at 1200
i love hearing that. money all around. i’m sitting fat at 1800 per and very happy and not too greedy😌
so true. i reduced my dca when it was at ‘18 and totally regret only grabbing like 4 or 5. perfect opportunity to just load up big. but i remember people were worried for the future in general. hard to live that one down.
how big of a cap ? what supply limit
yeah, depending on how much money you drop it could equate to some portion of an eth overtime, however timing that can easily result in missed eth portion as well. hence the . "wait for the dip" may not always be the best option.
my investing strategy is to log on and buy crypto after a glass of wine. apparently.
it went up like , then went down . we’re still higher than we were 3 days ago. lol
this. i’m a terrible saver but now i’m all “i will not order out this week and buy eth instead.” ive saved more in the last 2 months than i every did before because i’m buying crypto.
this. i’m a terrible saver but now i’m all “i will not order out this week and buy eth instead.” i’ve saved more in the last 2 months than i every did before because i’m buying crypto.
i dont think that is what ethereum jesus means by dip, but i hear you. i personally did not but was already holding and dropped a lot later in the yr. many people walked away only to return later after crypto had clear signs of pulling through
yea i have multiple limit orders but the lowest that filled was 3700 even tho it says it dipped to 35something
that’s very kind. actually, i’ve been looking for an upper classman or someone in the field to clue me in on any sections of my calculus classes that i need to absorb thoroughly. i just finished calc 4 and i feel like much of it can go in one ear and out the other, but i’m hoping to master any techniques that i’ll be using for the rest of my college. any tips?
idk, somewhere between 90 and 4000 lmao.
an exit plan is always good. otherwise its just gambling, right?
it’s just an exit plan, gotta use the money eventually.
"you call that a knife?..."
the ringer is really 1559. once they start burning supply and people are also staking available supply goes down and price will surge.
vitalik buterin rejects false profits :)
i believe eth will never go to 2k or lower. i believe if it does that we would see the greatest buying frenzy in the history of crypto and eth would stay at that price for less than a finger snap in time.
i get nervous sometimes because so much has been bullish for so long. but i'm here.
i'll pm you my prediction later
how are you just gonna not to mention matic?
~8% eth2 per year
multipla reminds me of a heel worn by a fat woman 😂
ferrari gto? phffff everyone knows the ladies wants a guy in a multipla! it ooozes sex appeal
you just made me wet as fuuuuuuck
you ski a lot?
lol damn nah i sold all my xrp in 2017 then used those gains to buy during the bear market... . it's been a good year so far. gonna start dumping at the end of the month gradually until the end of the bull run.
and that is exactly why the bear run seems a long way now...
i bought more recently at 3k… i try to be a little of eth and ada when i can afford to throw some money at it. i’m 50, i didn’t plan very well for my retirement so i’m all in here for the next 15-20 years hoping that i’ll be able to provide for my old age 🤷‍♂️.
i remember being scared, seeing my portfolio get halved. then i put in another . the real blood in the streets analogy is hard in those moments.
there's no hard limit, but the expectation is that the supply will decrease at a variable rate.
yes i regret not buying between the . i just kept saying it will dip, it will dip, it will dip. it did not dip. i bought in again at ... then it dipped. fuck you eth.
lol same-but its working
yeah like i have a ticker at my desk, and i keep seeing people say "we're in a dip", but then i look at the price and see 4015.74 and i'm just like... we're still over 4k lads. we corrected from like a 12 hour spike lolol
true but i'll take any opportunity i see haha
that is a spoon.
you call that a candle?
i thought ethereum jesus was the only begotten son of vb... my bad
i've read multiple analysises that the lowest would be around 2600
an why didnt that happen when eth hit sub 100 after a ath of 1440? everyone here is talking in euphoria mode. the atmosphere is very different when all you see are red candles. also it stayed at that range for a while. but it is different this time, humans wont be impulsive and emotional this time right?
as you should. this is clearly a bubble, but it is still intact. don’t risk more than you can afford to lose
i’d say enough to warrant having good gear. under normal circumstances i might not care, but because covid made it difficult maybe i’m just being a salty little crybaby. somebody call me a waaaambulance 🤣
i'm glad there are people like you. i will show this comment to parents who are in a similar situation, i hope that the opinion "magic money" will change!
bought at 4k, made some good profit in a days time
glad to see i am not the only one, and i am am screwed as i got divorced 2 years ago. young men, do not get married and do not have kids!
exact same situation, slightly different age. wishing you the best. :)
started doing the same, optimism for ten years thanks to crypto.
are they really shares though?
i'll guess 30. well done on your gains, btw
i will send the mod my amount of shares so it is fair.
to be honest i cannot wait to see it again.
think we can hit 40k this year
same. had buy order 3100 for a while. decided to buy 3800. lol. eth giveth, eth fuckith.
i keep telling myself not to buy on top of green candles, but eth is basically just green candles since the end of march. with my dca schedule i have basically only bought btc and eth at aths ¯\\\_(ツ)_/¯
i don’t think it’s working for me. sober me: eth, ada, ltc wino me: doge, shiba, probably sparklefart if that’s a coin yet
because too much eth is staked and too many institutional investors. this is not 2017. everyone can see that.
well didn’t that happen? it was below
i think i should take profits pretty soon. take out initial investment maybe. making less off % gains is better than portfolio losing value before i gain any tangible rewards
😂 love a good ski ride honestly
i took the advice of marc cuban cause he seemed smarter then me 🤷‍♂️ and i also see the potential of investing in the next version of the web.
close. i'll let you know after the market closes.
i apologize. i thought i was responding to the guy who guessed 20, but 22 is correct. congratulations.
close but no cigar
[ this analysis agrees with you. extreme supply-shock from people staking eth + issuance decrease from pos = a mad price squeeze to -50k with a possible illiquid manic peak at 150k by early 2023
i know. kinda scary when you take 2 seconds to think about it. but if you truly believe eth can get to 10k, it doesn’t matter i suppose. personally 10k in the future. 5k sometime this year. so we’re still in good positions.
i would totally buy sparklefart after a glass of wine- it could be the next doge;)
genuine question here. does staked eth actually help keep the price high? if it can’t be bought or sold doesn’t that just reduce circulating supply which would increase volatility i.e. up and down price movement?
please refer to the chart history price and volume.
totally up to you and your risk tolerance. i’m hodling for now but wouldn’t blame anyone for taking some chips off the table. i have considered taking my principal out but will probably wait at least until that 1 month trendline is broken.
nit-picky... and i don’t claim to know the answer, but you say .05 of a share. it’s not a stock, more of .05 of a coin.
it's end of day,
awesome! you took away the prize *kicks ground*. was a fun math exercise anyway 😀
sounds too good to be true. 🤔
there’s still a lot of year to go.
it’s mascot would definitely be a unicorn and people would buy it for their 3 year old daughters as a 529 replacement.
i wish i knew how much eth, matic, route and ada is going to be worth in 25 years. for a family to have controlled the keys and waited.
i did, maybe you should look again too. high volume, short time less that a few days first time. less than 4hrs the second time and heavy volume.
ah. see, you know a lot more than i do. comes with experience. thanks for your reply, now i have new things to study 🤘🏼
no half a share is correct. one share is the same as one coin.
the answer is 22
did you notice all the down voted. wth
to be fair, did not ? it's the wild west out here, and short term prices are driven by s2f not fundamentals.
20k this year. september.
"high" volume and almost 2 years of sideways sitting at 7-17% of ath. if that is a "buying" frenzy, then ok you do you.
shares of a coin
yeah. people get salty for no reason. no worries man. nice job on getting in when you did.
i can only wish i’d been around crypto to say it then!
remindme! october 1, 2021 “reply to this thread”
imma mark this on my calendar because i don’t k ow how to use bots 😂
i wrote another post but whatever. it was obviously the floor and below , which is why it has not stayed below those levels. and yes there was a volume increase when it went below . in march 2020 you can consider that a buying frenzy.
yes a share or portion of a whole
no problem. what platform do you use?
there is a 11 hour delay fetching comments. i will be messaging you in 4 months on [**2021-10-01 00:00:00 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
yeah, this didnt age well. i now think 10k by end of year.
i use binance.us. coin base randomly closed my account a while back.
lol. no it didn’t. i am honestly trying to decide if i want to buy some btc early in the month.
the risk. worst case scenerio i'm poor like i've always been, no big deal, nothing changes. best case scenerio i get financial independence.
sure, but only risk as much as you can afford to lose.
this is my only chance of escaping the rat race. my .
people will piss away 10 or 20 bucks a week on a bunch of crappy lottery tickets w’ an eye... all along hoping to win a measly 1000 bucks or a pack of cigarettes... but, the thought of putting five dollars on any kind of investment in the market, crypto or otherwise, is somewhere between absurd and getdafuucaouddahere. 🤨
*i'd rather lose thisposable money in crypto
i’m a firm believer in life cycle investing. risking more when your younger. realistically speaking, the 20k i have in crypto will mean fuck all when i’m 60 and if i lost it. on the other hand, it can shave of a decade or more from my retirement plan. i assume most of us are in similar age brackets. seems silly not to invest into crypto. it can change the world and our wallets with it too.
"i would rather go broke betting on my people, than get rich all by myself, on some island like a castaway. and there is no middle ground." - michael scott
“everybody stumbles across a golden opportunity at least once in a lifetime. unfortunately most people just pick themselves up, dust themselves down, and walk away from it.” -winston churchill eth is our golden opportunity!
i'll be mad if i lose it, i work very hard to mine my fiat. but at the same time its well worth the risk for me.
the fact that btc has a limited supply makes it a trustworthy investment.
risk only the amount of !
ironic that poster has a profile picture of charley munger
mine is more like: i’d rather lose money in crypto and end up wrong rather than give my money to people who already have more money than they can even spend in their lifetime, because either way the door swings those hedges won’t get my money.
i agree, that’s why i invested in eth instead of btc.
the money that i may lose if it fails, i can make back. but it would be difficult to make up what i’d miss by not investing
i mean... we aren’t going to zero so you aren’t going to lose everything. but you might 100x it if it goes the other way. definitely worth the risk. as long as you don’t rely on any of that money it’s all good.
in crypto you lose money and you make it right back, it is beautiful.
you not going to lose money if you hold for long term only gain money.
this is just fomo with more words
amen! regret is the worse feeling
exactly my thoughts this year. i have been poor my whole life, i am not scared of losing all my crypto money and being broke again, i am always broke. i fear another cycle passing me by and me wondering “wtf... again? you could be out of debt and stable if you just put that stimulus”.
with where we are with crypto now the only losing is selling due to panic really
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise [ltc]("last usage")[coin] litecoin [roi]("last usage")return on investment, percentage gain relative to initial cost ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(5 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 26 acronyms.) ^([thread for this sub, first seen 27th may 2021, 16:54]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
losing everything requires some skill
i think he’s talking about bitcoin though lol
why not be a bit more patient? see if the market is actually recovering and ape again, yes you will pay a premium for your entry but at least your money will go up if the trend is up. if the market goes bearish then now you will get more ether for your buck. so you can do your long term holding with more eth. patience is the most profitable strategy in crypto.
the risk is worth taking
he’s talking about 0xbitcoin. read it’s history.
and that is how you brainwash people into spending their money so you do not lose yours :d
it's not early anymore. maybe 5-9 years ago.
yes now take all your crypto earnings and out it on black.
greater the risk, bigger the reward.
absolutely yet i agree. i just earned enough from buying half a btc last may, to survive very nicely over the last year...i am grateful that i was able to do this otherwise covid time would have been very tough for me.
i'd rather lose money that would normally be eaten up by inflation or some consumer product, yes.
if you make moves with such a mindset, you will eventually end up losing eventually, no doubt about it
i think that’s what people say about believing in christianity. crypto is my god.
this is my thoughts exactly, i sat back and did not bother with btc when it was starting out, well now there is a whole new wave of currencies and networks starting out and i do not intend to lose out on that. the way i look at it, i'll be working until i'm dead anyways, why not budget some money to take a chance on something that can remove that outcome
“only gamble what you are prepared to lose”.
no, i'm pretty sure i do not want to lose my money but i'll invest anyway becoz it is really a good chance for me to retire early, though i still prefer to invest cautiously.
the key is to diversify , so at least one investment will wet your beak with profit so you can invest in other stuff on "house money "
or the greatest scam of all time. yeah there is risk and reward.
imagine putting every bar tab you pissed away on ludicrously overpriced alcohol over the past 5 years into btc. i'd be a friggin millionaire probably!
this is called “regret theory” in decision science. you choose the thing you’d regret least.
take the asymmetrical bet ever time.
absolutely. i've been on the regret selling team too many times
i agree with him
better late than never...atleast crypto is here to stay for a decade...
it's either you take a small risk on losing a couple hundreds of dollars or be in a life time opportunity to change your life forever, i'll take my odds. :d
i agree. that is why i started selling le-vel thrive products! message me for more information!
is that like believing jesus is real only to find out when you die it was a lie? i guess christians say they’d rather live believing jesus is real versus not believing and then finding out when you die jesus is actually real. i guess in the end the result is the same though.
totally agree, it’s worth the risk for me, just for that one chance, when i’m older it will be a pat on the back or a “at least i tried”
down with the fed!!!!!!!!!!
the best investment opportunity of all time is gme. people will realize how fucked up the system is once the gme saga plays out, and then crypto will finally make sense to the masses. gme is the catalyst for crypto to go boom 💥
i agree but i have only been wrong.
that's pretty much it. i also think it is worth trying.
stupid that he had a picture of charlie munger as his profile
unpopular opinion but then admit it’s gambling and not actually investing...
i mean i do not have much to lose, but i have a lot to gain.
the difference is all the good opportunities were between 2013-2017 those days are gone unless you have a ton of money to fork up initially.
airdrops are ass for the most part, use dextools, twitter, and check polkastarter here and there
this most current macro didn’t look or feel right. i passed. decided to sit back and watch what happens.
i agree, just do so responsibly
you’re a true gangsta 😬
and id rather go with insurance tokens than missing opportunity of investing bmi, infi, helmet, insure. atleast our funds are mega safu!!
i’d rather buy and hold amc until we squeeze and then long term invest with real money into crypto currency 💡🦍💎🙌🏽🎢🚀💰
i lost some money in crypto but i have already been able to make a fortune with tbtc coin 💹✅
not risking hard earned money on something like this...
new to crypto, how is the best way to buy eth
you can invest when the commissions are at their lowest price, for example, ethereum has come down to roughly 1900 dollars after it was 4500 dollars here. we can invest and leave it for the long term
i do not intend to lose any money, in fact.
people with tons of money 💰
that’s a good way to put it
hate to say it, but crypto has hit 1t, if you're new, you missed most of the rush.
that was my eventual conclusion. i got in jan this year after years of no interest. i read the wp on jan and realized that eth is so much more than secure key. i knew i had to try.
i bought 1,000 shares of aapl in like 1999 under 99¢… i sold it all roughly 18 months later for around … i’ve been mad at myself for the past 20 years… that’s why i’m not going to be short sided and only think long duration on my crypto assets.
yes i agreed to that
i agree too but i'm nervous about the amount of uninformed investors coming in and treating it like a casino.
risk reward is 100- it’s a no brainer in my view
uhhh no. i believe in the eth blockchain. gold chains? nah... we rock **blockchains.**
me no, i am investing to make money
google, what is "fomo"?
i totally agree i investments with a company and trade daily. i do not need to get into these but this is the best investment i've made and have regretted for once... massive profits everyday
absolutely. missing opportunities is one of the worst thing you can do in your life.
i'd rather make money, period.
well yeah, crypto is the future but we need insurance i protect our assets from rug pull, exchange hack, or even stable coin failure. you can insure it with infi, bmi, or nxs.
who would rather lose money than miss out on making money? that's fucking dumb. no, if i had a choice i'd rather not lose any money. status quo is still better than going negative.
you guys will never be rich with this mindset. this is fomo, open your eyes rule no. 1: never lose money. rule no. 2: never forget rule no. 1. eoq warren buffet. make a steady but firm investment plan, buy stocks of great companies that are undervalued, pay you a good dividend in the meantime, have great balance sheets and have a high percentage of retained earnings. put in the work be consistent and by time you will be a rich man. these speculative coins are just stupid, rather consume the money, you at least enjoyed the money that way.
the greatest opportunity would have been 10 years ago. at this point you have to consider price. it might still be a great opportunity, but even if so, cannot be the greatest.
look at it this way: the money you use to purchase is already gone, so anything and everything after that is a win.
and this is called “reverse physiology”. who wants some cake?
if you’ve got a coinbase wallet, hurry and pm me on whatsapp +17603598217 so i give you the best site for earning in cryptomining investment
you can invest even really small amounts and still make great profits. there are also people who made tens of thousands of . we are still so early and the opportunities are sooo huge.
exactly. i have been poor my whole life, being broke doesn’t scare me.
i call this mentality ‘lambo or dumpster’, and it’s why i’m in. either i end up *exactly* in the same spot most people are going to be, or i make it big on the opportunity of a lifetime. it’s also why i’m not selling until i get life changing money
this!!! thats what people have to understand - crypto marketcap is still in peanuts and there is big room to grow.
exactly this. it why i hodld through our last adventure into the abyss and will continue to stack coins while we (hopefully) crab.
out of curiosity, what do crypto believers (like myself) mean when they say “financial independence?” does it mean a leg up on debt, savings, and retirement? does it mean early retirement?
crypto is my lucky ticket for a life i want to live when i’m 50.
is it really risk then?
no risk it, no biscuit
i hope you’ll drive a lambo once!
this👆🏻guy gets it. or a shitty cup of starbucks
exactly. i only invested my tax return, stimulus, and a couple hundred each paycheck that would have been blown on fast food or weed anyway.
yeah, def. i invested , and convinced my parents to put in another 500, then a friend to put in another . had more than 5k before the dip, and even after i'm not in red numbers, just single digit gains. hope to turn that into 10k to pay for my house downpayment when i get out of college.
mine was the chance to buy some of rommel’s booze... was a huge stash dug up from africa, sent back & sold in class vi stores, w germany at least, late 70’s... rum, gin, whiskey... still had mud, straw caked in it... i didn’t drink, so...
bullshit. you have to have money already to take advantage of “golden opportunities”.
if churchill was alive i'm sure he would advise for the exploration of crypto, but not for the same reason as us
it does nothing tho, so i'd rather keep my hands off it.
wait, that the guy who stole like hundreds of millions from the bank of london? and the investors kept 'reinvesting' their gains, so he never had to give it back, but there were no gains and even the source money was gone, it was all a farse.
losing money on crypto is probably working out about the same way.
not yet, ppl who buy the dip are few. i bet most fiat virgins got scared with the 30%+ dip, and thought it was the end of crypto. the kind of ppl we'll be seeing when we get to 5k buying the top. now, that is fomo
a few reddit readers would not really move the market that much.
yond's quaint much t. i eke bethink t is worth trying *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
it's risk vs. reward. any time you do anything with your money, there is risk. what's the reward, and is it worth it?
if all you see is a speculative coin that is all you get.
the world is changing! i'm glad to be part of the crypto space. it's making many millionaires now! i'm proud.
being an early adopter for as many defi projects as i could get my hands on really changed my life honestly. literally 5 figures last year and this year in just airdropped coins. and the airdrop incentive totally works to bring people to your project. crypto currency and defi is so damn interesting. can’t help but love it.
gitcoin gave out gtc tokens recently. this was pretty easy to get if you donated for eip-1559 or other efforts.
i bought my first bitcoin for . i figured if it actually goes to a million dollars per bitcoin in a decade or whatever, my investment will be approx 'm willing to take lol.
absolutely. getting in on good smaller coins or investing in the top two flagship cryptos is still very profitable long term. unfortunately with certain exchanges, general internet meme-ery, and sensational headlines we end up with folks who treat this as short term get rich quick schemes whereas good investments are always measured in years as opposed to months.
how can i get good airdrop news?
this is the point when we have nothing to fear. if you have not already lost, then you cannot lose.
i've been in eth since it was about 50 euros. i am not selling until eth gets major adoption or entirely flops.
yeah that’s a fact
still peanuts, even in today's prices compared to last years? i'm late, but i put down 1k on the last dip on eth. feeling happy with that, but still feeling really late in the game.
yea, if you buy in a bubble (like a lot of people just did), probably best to just call it a 4 year investment, time will likely bail you out. if you are just getting started, it is likely a great time to start to dca in and hold whether it goes up, down, or sideways in the short term. if your in for a 4 year time horizon... if you want to try to time the market, that is a game with greater risk and potential reward, but most people will loose that game.
whatever you want it to mean. for me it means i can use my crypto earnings to pay off a house, a decent car, pay off all debt, and cover all my bills for the forseeable future. not mansions and lambos and fancy vacations or anything like that, just basic stuff. then i can use my free time however i want without having to worry about how i'm going to pay bills. "retirement" is probably not the right word, i'm still going to be working, but for myself not a boss.
for the most part, "financial independence" refers to having enough money that you are not required to work to survive. different people would use that money in different ways of course.
35-40 for me. you're only young once, no amount of money can replace that.
different levels of risk you can participate in. level 1: you lose your fun money level 2: you lose your rent level 3: you hang yourself i myself like to keep it around a 1.2 to a 1.5.
it is, because you could have used that money somewhere else, like education, house, stocks or just treating yourself to dinner or vacation.
then you can call it diversifying
90% of people lose money so 🤷‍♂️
it's maybe funny now, but if he hodls few years he can be a whale in his hood.
i saw a lambo drive by last week, so i've got that going for me.
my gaming pc. so at least i am "buying' that amount of btc per day. may not seem like much, but when you look at it yearly even that is a fair chunk of satoshi.
don't skimp out on weed. unless you smoke way too much.
a friend just gave you ? can i be your friend?
will give you more
oh my goodness is that true? that would have been the coolest fucking score dude. why did you pass it up?
i do not think bitcoin does nothing. cryptos like dogecoin, shibacoin are just cryptos made for memeing but bitcoin actually has many applications and the way it is built is just brilliant. and anything that is in limited amount makes it a good investment long term.
you could say the same about gold. it just sits in stacks of bars in some vaults but no one thinks it is worthless. crypto can actually be useful like smart contracts for example and defi. since the internet is not thisappearing there is a lot of utility in crypto which is why it is valuable. nfts are also hugely popular now.
if your invested in the stock market it’s a 100% possibility, crypto it’s maybe 50
a 10,000% return? maybe in 20 years if we’re lucky. we’re all still very confident of the long term though.
i didn’t say ethereum. i just meant crypto in general. i also said “might”. and i’m talking long term.
if btc goes to -10k. that's about a 4x from current prices. over a longer time horizon people believe btc will keep going up due to the supply cap and the halvings. if it goes up to even let us say to , that would put eth at maybe -50k. that's about 20x. pretty optimistic scenarios no doubt. i'd agree it is not going to 100x from current prices over a 10 year time horizon. however, the one factor that might affect this is if the flippening happens which means eth becomes the market maker, and i also think that will cause a shifting of value from btc into eth. add in the pos switch and deflation and i could see eth breaking out higher than is expected. it is all just bs at the current point though - no one knows, and anything could happen. including btc and.
thanks , just need to know best broker, michael
how do you find new defi projects?
what’s your airdrop strategy? i’ve tried to access airdrop’t been successful.
how do you find about airdrops?
and if you were to think about it, investing even , but your portfolio keeps growing, and if btc, which it has a very high chance to in my opinion, your gains will be even greater.
that will be almost close to , non of stock or company own the . the dream is too far away.
is there any benefit to day of the week? meaning, are there micro trends that could help with dca strategy? i imagine probably not - that’s the whole reason behind dca - but just curious.
hope you get it all! for me it’s eliminating student loans, getting a good car without a monthly payment, and having a decent stash to continue investing via scheduled dca into the projects i believe in
a fairly standard rule in broad market index investing is what's called the "4% rule". essentially says that based on historical investment returns, you can safely withdraw 4% of a stock > 90% probability. if you are a bit younger and want it a bit safer, people tend to go with 3%. that means you need 25x or 33x your yearly spending. there's a bit more to this, but if you google "4% rule" you'll get the basic idea.
i'd say it is more like this: level 1: lunch money level 2: fun money level 3: monthly rent level 4: emergency fund level 5: retirement fund level 6: whole rent level 7: everything i think this kind of scale is interesting. i'd love to see a poll of where people are on this. 🤣
yea, idk why people won’t just invest in themselves. learn something, get a job that pays an extra -. that’s steady money. buy more eth if you want. it’s a lot more reliable than sitting on your ass and hoping that eth will make you an extra 500-1000 a week, week in and week out. that only applies to the truly poor though. a lot of people acting like they were poor to start with here are full of shit. just like the wsb people pretending they were poor when they had tens of thousands of dollars to blow to start with.
be the 10%. duhh.
because they are day. i've yet to lose money on crypto except when i've lost wallets. if your portfolio is bloody do not sell no matter what.
the universe trying to tell you something
yup i’m making about -10 a day and i’m just using that to get me started. over a long period of time it has added up. and obviously that’s only looking at current value not future value it could still be huge.
my new laptop can too though did not want to ruin the 3080 gpu, i put two cooling pads over it and tested it with decent results and stable temps, though i keep remembering the time i burned out my gtx 680 some years ago when tried using an egpu setup to do mining for fun lol, the 680 burnt out after two weeks. it has a 2 year warranty though and can do upgrades, so could still try it later on if i have less dividend income and could use the savings.
hopefully your reinvesting and not buying that shitty starbucks
what this person said. having solid + amazing weed options, so nice when you're in the mood. unfortunately i'm always in the mood so my weed options are always pipe resin hits and kief.
i smoked for like 6 years and realize that when i look back into my past, i remember all the good times with friends, parents, making money and getting my dick wet. not once do i remember the thousands of backwoods i smoked so i stopped smoking weed.
you also wanna give him 500?
i was 18, first base, poorer than poor, exchange rate beating me to death, and i didn’t drink... i remember seeing the crates thinking, “geez, i really ought to buy some as an investment...”
well, i'm not that much into bitcoin. could you tell me what it does?
shiba has more utility compared to bitcoin. read the woofpaper.
yeah, especially since bitcoin supports dapps, de-fi protocols and nft platforms. and gold is far from useless, look at your cellphone.
cardano is nearly at 10,000% roi. doge is 59,000%. ethereum is 98,000%. not sure why that’s so farfetched.
it’s tough you kind of just have to be really active in thiscord groups, reddit, telegram groups, etc. mostly word of mouth. somehow i end up reading medium articles for new projects pretty regularly.
watch chico crypto daily
i really was just an early adopter over the last few years. that’s 95% of how you get the best airdrops. i was also insanely lucky that someone introduced me to inverse finance early and i was able to get in on that one and kept up with it through when it was finally made a tradeable token. but really it’s using defi - like i received the uniswap airdrop, which ended up being the same list of addresses used in a lot of other competing dex airdrops and other projects began taking snapshots of uni holders for their airdrops which was just a strategy to try to siphon off some of the unsiwap user base. i bought tickets to pool together in 2018 and forgot about it until their releases their tokens couple of months ago. i used furucombo early and received tokens for that. continue to receive combo from using it - they’re actually rewarding combo to all txs on their app right now as a sort of eth fee reimbursement. so things like opening and interacting with a maker cdp i’ve been doing through furucombo to get those rewards. i reviewed the forth airdrop just a while ago from holding ampl for some time. it’s just be involved in defi really is the strategy. i’ve been crazy excited about defi since i first opened a cdp in like 2018 too so it just happened to work out well with what was already a huge interest of mine.
i just check this site every week or so: airdrops.io just avoid anything that requires kyc or that is promoted. if i see something i’ve used or that is for a coin i hold, i check it out.
yeah absolutely, that is a good strategy
i wish i knew that. still working on learning if there is a better way. my current plan is to have 2 "buckets". i invest my long term money in a dca fashion, and then try to beat the % that makes with a smaller short term swing, more as a learning experience than having an expectation to beat the time in the market long term. so far i'm up more % on my smaller account, but only because i started this only a few months ago (around the when eth was 2k the 1st time.) so my average buy price for most crypto i hold is close to where the price is now, slightly lower because i made a big buy right when it crashed last wed. i'm beating the market on my short term bucket only because with eth i made some risky trades, that ended up doubling my eth stack. most of my mental stress in this market has been over trying to short term time the market. i'm in a holding pattern for now. i was experimenting with setting buy limit orders for the dca account to try to catch lows, but i need to back test that plan.
lol def a 4.5
dude i've yoloed and let me tell you, the existential crisis that comes with a crash just is not worth it.
agree on that topic, investing in learning solidity today is the skill with the best value(maybe along with learning how to sell yourself).
the only way to lose is if you sell. if you're in the red just give it a few weeks and it should work itself out.
u all will be set when your old... i wish i would have been as thisciplined as you all 😃 if your not making money (or in my case losing) while you sleep, u’ll work till your die... buffet
lol. its all in btc for now.
i know i would
>always pipe resin itkf delta 8 got legalized in my state and while it sucks ass it sucks ass alot less than cbd
lol shit that’s right. i want him to give me half.
oh yeah im a huge ww2 nerd id have never bought those to drink id just want something like that to own forever but it makes sense now haha.
stores value. that’s it
there's about 0.034 grams of gold in each phone so yeah it is useful but i was more referring to the banks that hold large quantities of it and the vast majority of gold is not used for anything in particular as it is just sitting there.
this bull run has been pretty unprecedented i think that’s something we can agree on
i love defi - very exciting tunes ahead!
damn that is nice! the only thing good i got recently was cope. got smol and treat too but they weren't worth a lot
same. i’m holding blue chip long term, and diversifying more into l2 solutions - lots of exciting progress on the horizon. curious to see how projects like - but i’m most interested in scaling solutions for eth. i’m not thiscounting eth competitors, either. but they need to prove themselves first.
same. my emergency fund went into crypto last fall. best decision of my life. and my crypto holdings now comprise about 25% of my total retirement, including grayscale trusts in my roth ira.
or if you're invested into shitcoins that go to zero like bitconnect, but essentially, yeah if you sell. i just cannot get into the mind of people selling at 50% losses. if i badly needed money during a period like that pulling my crypto money is the last thing i'd do. i'd take out a loan first.
you guys joke but there are some projects that have been around for at least four years related to weed. i’m drawing a total blank on what they are right now though. edit: one was hempcoin but i can’t find the other one i was referring to. it was interesting bc back in 2017 you’d see these coins pump on some kind of legalization news alone which is kind of odd for crypto.
you gotta be friends with the friend. fuck this guy right here tho
i’m luvv the personal stories in history... “hmmmm... now, what should i pack to take w... need a slope changer... i know... 250,000 gallons of world-class hooch!” 😜
but ehat value does it have? store money? you're technically buying it. like a product. so your fiat goes to someone else. so, what can you dow ith btc that makes it worth the cost? transfers? that's it? ltc and others like xlm, monero are way better in that apsect so why'd i use bitcoin?
well, it is backing up the value of something in theory, so even if it is sitting there, it is still there if that makes sense. besides, gold's the foremost commodity.
i already replied to you saying i didn’t mean ethereum jesus christ there will always be new coins popping up on the market with similar potential. and, once again, i said might (if you get extremely lucky), not guaranteed 100x. i only expect 5-10x with what i’m buying, but some people are going to get lucky getting in early with the next big one.
nice tv reference for a user name. ;)
lol true let’s ask for the friends number. i’d share the profits with my boy. he keeping it all for himself. he better let the friend move in rent free
that is so fucking interesting. ive been playing a game based in nord afrika and ive been playing as the afrika korps so the timing on this is great ive been really interested in the ak lately.
well btc has a limited supply. eventually you can’t mine more and no new coins would be minted. it has that going for it. also it’s the grand father of crypto being the first. it also is completely decentralized because no one entity is responsible for the network as a whole. now when they stop paying miners to secure the network i’m interested to see what happens because miners would have no incentive to secure the btc network. i’m sure someone will come in with an answer to my question tho
for someone who knows nothing about programming and coding, it is a major irony lol
i hate myself most days for passing up a chance on history... odd, but in 77, the end of wwii was just “a few years ago...” u think,, “...that’s kind of pricey for the booze. i’ll still have a chance to get some in a little while...” now, 45 years later, still no rommel bottles... (omg 45 yrs! well, i was in a good mood till just then!) lol
they have incentives through transaction fees
limited supply is irrelevant, unless we're talking about cryptos that will need to be used as fuel for transactions for something else, say eth (and it does not even have limited supply) or payment solutions like egld. then, cardano is also decentralized, will soon support smart contracts and is also much more energy efficient. that's only one example, cause we got hundreds. enj has its own gaming platform, where there are streams and it is also got nfts (afaik). we also have nano, which has no transaction fees and is nigh instant. or sol, that can process like 40,000 tps, vompared to the handful that btc can. to me, it seems like supporting blockbuster when netflix exists ngl. or best case scenario, support a more expensive business with products of less quality.
hey same boat here. i fancy myself a hobbyist programmer.
yeah fuck thats crazy i wouldnt feel to bad though shit happens. now you got me going im 26 i remember being 16 thinking 26 is so old and before i know it ill be fucking 46 thinking about how i used to be 26 thinking that was old. and then one day ill be fucking dead :(. i just got a map of the german invasion of the soviet union and i tried to put a picture for you too see i try figure it out cuz its cool as heck i think youd like it.
ahh thank you. can’t be nearly as profitable now with each block having mining rewards. not sure how many btc is in each block. the transaction fees probably won’t be much not like their network is congested like eth’s is cause well... wtf is their network for besides sending btc?
absolutely i’m new to the space so my list definitely represents this. i agree btc feels like old tech snd benefits from being first. i can see the market shifting away from it once people realize this. i also don’t invest my money into btc because of the things you mentioned and i struggled with my list. btc just doesn’t have much use case imo. what is it even best at?
possibly the profitability of mining could go down but you never know, the price could go up so much that the transaction fees are still profitable, more than right now. the thing with bitcoin is it is solely focused on decentralization and to stand the test of time. yes there are alternatives but it is hard to find an alternative to how decentralized it truly is. each to their own, you buy whatever you want, i think we'll have a future with ethereum, bitcoin and many other coins. only time will tell however.
agreed it’s not a zero sum game. we can have many successful projects. i can’t wait to see what 2030 looks like
can someone put up the figure for the gas fees we've paid during the shitcoin shitshow ? ☠️
tradfi cannot die fast enough
they saved people from that moment of embarassment at the cashier. its a worthy service worth the money they charge for it. this meme intentionally ignores basic business logic.
good thing we did not have gas fees during the pandemic.
td bank charged me overdraft fees for an entire year on an account that i closed… i found out i owed them money when i tried to open an account at a credit union. 980 dollars in just fees on an account i didn’t own. guess i’ll have bad credit for 7 years because they’re not getting a fucking penny from me.
over-drafted 8 times! still hodling
they took more in 2008
love getting info from tweetymctwat
you can stop this from happening really easily.
the strange thing is that despite collecting so much fees, banks can only afford.01% interest! that’s the real problem! it’s either banks are greedy or inefficient (or both).
i'm not a fan of banks but i feel like this is kind of misleading. i have not had an overdraft fee since i was about 17-20 so i'm not sure how it works now. but if i had at least .00 left in my account it would allow me to pull out a few . that money helped me buy food and whatever until my next paycheck for the cost of an overdraft fee.
i can attest to this! while working at wells fargo they would re order transactions so that the largest transaction posts first causing . i would on monday see this in poor people accounts: many times for they would say well i needed the money...
keep holding what? what could mean anything.
just bought more last night
excellent due diligence, thanks for the post
yeah but you can trust that the wallet program isnt run by a bank either . i had everything i invested for tree year yanked .and no way to get it back and not much of an instruction manual also
can i even overdraft eth?
obviously untrue. if those people had no money, the banks wouldn't have been able to walk away with ...
overdraft fees do not happen because you have no money, they happen because you *do not have enough money in your account*. it can be an income issue, it can be an expense issue, or it can be a cashflow issue. that said, they are reprehensible.
gas tax, sales tax, employment tax, etc are also all levied on the poor. let's get the government to stop bleeding us dry with those too.
well, should the bank just delete all its credit debt? i guess it could extend the payback duration if they had the money.
definitely going to be the “unliked” comment but your angry because you used money you didn’t have. that’s not the banks problem that’s a personal problem. moving into the crypto space isn’t going to change anything if crypto becomes more “standard” regulations will be put on it just like anything else.
how many times will this be reposted?
got hit with overdraft fees every month, but that was so i could buy dips. notes that things are normal, i dug myself out of that sand trap.
why do you think it used to be called "usery"and it was a sin.
then publicly laughed about it when confronted (jp morgan)
im hodling and im buyin’ boys! as much as i can get away with!!!
where did you get that information? if it is true that is a sad sad thing for banks to do. there’s never an excuse for riding a hot chick but last year they should not have been penalized unless they kept repeating it over and over again. remember people were given billions and billions and billions of dollars in financial aid through this thisaster. that’s never been done anywhere on this planet during a plague. i wish i could have collected some of that money but i’m not eligible since i receive social security.
because banks are immoral scum...
bb&t didn’t. for months and months they waived fees during the pandemic. i know this for a fact. i worked for them.
there are many ways to avoid overdrafts fees. your best bet is to bank local. typically smaller banks, especially mutuals will give you way better service and be more fair than but banks that have shareholders and need to show profit.
over draft fees are fucked, it’s such a kick in the balls when you’re already down.
not to be that guy but how does crypto solve this? if you have no fiat you have no crypto. still overdraft.
so you're expecting the banks to allow you to spend more than what you have and potentially incurring bad debts without being compensated for it?
if you all worries about gas fees ...start buying xrp,xlm, ada, algo ect;
most people also became wealthier during covid
but people willingly accepted these terms. power id in organization
if they had no money how did the bank collect it
this has nothing to do with why most of us are involved in crypto. i still have a bank account and i do not hate banks. actually i like my bank (ally) and i do not use crypto because i think banks are evil or something.
banks won’t allow you to overdraw your credit card. but they have no problem allowing debit cards to overdraw. banks could easily not allow overdraft of your account. the fees are very excessive. i learned my lesson. cash is king.
okay? and how much have y’all lost to the unregulated market lmao
wait til you see what they do to you when you owe child support while raising said child. they take 14k during a pandemic. so im hodl bc f*ck the government. heartless pieces of shit...
“give a man a gun and he can rob a bank, but give a man a bank and he can rob the world” more like he has no choice but but to rob the world and can do it legally, but it you or i try to do the same thing we’ll go to jail. gotta love the fake banking system that most people have been brainwashed to trust in and believe in.
banks are designed to steal from you and rob from you while making you believe they have your best interest and are helping you keep your money safe. they have zero interest in you looking out for you and will take advantage of you until you literally have no more money then charge you for being broke and uneducated there i said it!
it’s kinda cool that banks collected money that doesn’t exist. what’s even more amazing is that they can loan out money that doesn’t exist and make interest on it and somehow we’re supposed to go to work and pay it back i love fractional reserve banking lol
people who sold bitcoin at 64000 or so took a lot of money from investors so whats your point. theyll never see that money again
if their money was in eth they wouldn't be able to overdraft though. its early and no caffeine yet but i am confused what the point is?
what a tweet of concentrated idiocy. don’t let your account go negative and they won’t charge you that. first, you decide to use money that does not belong to you, and then you complain that you were charged a fee for it 🤦
jesus, what a stupid post. how would crypto change that?
i think it means… people with no money tried to spend money that wasn’t theirs.
eth will put the banks in their place! eth = wealth rethistribution! hodl strong!
so people got charged for spending someone else’s money... makes sense to me? so the banks should just allow us to spend their money for free?
it should be illegal for the overdraft fee to be larger than the amount overdrawn.
lol don’t know who overdrawn their account, banks are providing additional liquidity for you and you expect it to be free of charge?? is the bank owned by your daddy
this is a dumb post.
this is ridiculous. those overdrafts and bank fees would have enabled people to buy essentials, like food, that they otherwise wouldn’t have been able to. do you think shops would have given people food for free if they didn’t have overdrafts? if i had no food and an overdraft, fuck yeah i would pay those fees rather than go hungry.
that doesn’t feel good
why "hold"? currencies are supposed to be exchanged. to fail to transact with a currency is to stop treating it as a currency.
we need to stop hating banks so much. most of the people here have their crypto on exchanges like binance or coinbase so it’s like double standards
by overdrafting they used money that wasn’t theirs to begin with.
are you fucking retardet? learn some basic shit about the economy.
this stat is so so sad, it almost sickens me. thanks for calling them out.
every checking account i've ever had has given the customer the option to opt in or opt out of overdraft protection. you cannot spend money that is not yours and expect it to be covered for free. banking is not a charity, it is a business.
they took like . what sucks is i was trying to deposit money on the weekend and their stupid atm was out of service so i had to wait and got penalized for it. i hope one day we bring the banks to their knees we need respect too we are people that need to eat too. we gave them power they abused it .
yep, they’ll get sued, pay out a couple hundred mil, and the cycle continues. i have td bank. if i go to a non td bank atm that atm charges me a fee, then td bank charges me a fee. sometimes it cost 6-9. even if the first one doesn’t charge a fee, good ole td bank does. man i hate them.
this is why the system is designed for the rich. overdraft. nsf. late charge fees. these banks are greedy and rip you off. this is why when they make a mistake with their products always go all in and rip them off. crypto can break them. they know it. that's why they fear it.
banks today are synonyms for btard houses. fact.
people are finally waking up to how the corrupt our system really is , judicial, financial and off course political
took 170 from me that year after my wife lost her job and we just found out she was pregnant. i was new to the bank and got no warning that i had went negative, and i check my account every day. they told me to calm down, and i screamed “let me steal your rent money and see how calm you are you stupid fuck” needless to say, i went to a different bank.
you know the worst thing about this is….the people who voted 🗳 in these governments to run our countries and look out for our best interest…tell me whos side are they on ??? disgusting…. yes gas ⛽️thats another completely different story but exactly the same principles...our governments are letting big banks big companies fuk us over.
my thiscovery plus . 18... didn’t have the money in my account so instead of just not letting the transactions go through i got an amazing 30! now my rents a week past due because i was short 80🤣😂
i love how you mention overdraft fees and suddenly the eth folks are pro bank. lol be consistent.
i've been yelled at for being too optimistic for example citing a potential ,000 eth with defi thisrupting 5% of financial services...i've steadfastly maintained that conventional financial services blow donkey cock and that 'thisrupting' 5% may actually be hyper-conservative. this would be evidence for said assertion
as louis ck said, “i have negative … if it’s free, i can’t afford it.”
… code for im at a loss and cant sell lmao...
….aaannnddd… there is no longer a reserve requirement, so they don’t even have to carry cash in the vault. i know you’ve noticed a pattern of coin shortages…
gas fees are a motherfucker… paid more for them than what any bank charges.
ass, gas, or overdraft, nobody rides for free…
its stupidly high lol
as a miner thanks for the income!
i would be i'm too embarrassed
ironically eth was originally created for paying gas fees. so until 2.0 comes out, it will come to bit us back. i think we’ll need to stake to upset those charges like we normally put around ,500 in a bank account to avoid monthly fees
sorry for the dumb question, but what are gas fees?
to be fair, the fees are very high with banks when dealing with more than mere saving accounts and credit cards, which is where the gas fees are high on ethereum (because it is erc-20 tokens and smart contracts rather than simply eth transfers). to me, the total gas fee is not comparable to what banks ask for having a credit card and a saving account. let's not forget shops pay a very high fee for credit cards (that is where some cashback mechanisms come from, actually). we just do not see the cost, but we pay for it nonetheless.
i don’t thisagree, but we, out of our own free will, initiated those gas fees. overdraft fees, on the other hand, are forced on us during the lowest point of our financial well being.
when gas fees were outrageous, i shy away from talking about it with those friends wanting to buy their first eth.
shit coins and flashbots need to stop congesting the network.
gas fee is a technology problem. overdraft fee is a human greed problem.
so... who asked you to use a new tech then? do you think online banking transactions were cheaper on early online payments days?
at least they are working on fixing that bro with ethereum 2.0. . you make it sound like they arent trying to fix that issue.
yeah, i do not have it enabled on any of my checking accounts. it pisses me off everytime i log in though and it is like "sign up for overdraft protection!" i remember being young and opening a bank account and having to read the small print on "overdraft protection" a few times and then confirm with the banker that i understood it. "so this does not protect me from anything? this just allows you to charge me ?" "it protects you from emergency situations where you *need* money." fuck that. it's seriously predatory.
sure, you can also write in to the banks so they do not sell your information as well.
you can thisable pos overdraft but not ach overdraft. automatic. mostly any payment facilitated with acct # + routing # will be allowed despite "having overdraft thisabled." you can thisable overdraft on your debit card, declining your transaction, but you cannot thisable overdraft on a payment you authorize via acct## sauce: worked at bank, ama
i called every bank in my town years ago when i had an issue with overdrafts. they all allow you to deny overdrafts, but then they would charge you an insufficient funds fee if you swiped your card with no money which costs just as much.
you can thisable overdraft and that will cause declined transactions instead. it's designed to take advantage of irresponsible people.
yes but a lot of times they try to sneak it turned on automatically when you open an account
gas fees take money from people rich enough to own and trade crypto while overdraft fees kick the poor while they are down. fuck banks
good job, fuck em
you owed the bank money and closed your account without paying them?
the “efficiency” of ach transfers and other basic services still blows my mind. as fast as other tech develops, i’m surprised at how long i’ve been adulting and banks are more or less the same as when i started.
exactly. people only view it as theft but they do not realise that banks are lending them money so obviously people have to pay some form of compensation for it. if they are not happy about overdraft fees, simple solution; just do not spend more than what you have.
damn. banks are so scummy ' i never realized this before getting into crypto
banks ? more like centralised clowns .co
i had a deposit hit the minute after a few overdraft fees. what bullshit.
wells fargo is the worst shady mth fukrs!!! but atleast they have never stoped me from buy crypto!!!
that’s awful. good job banks are fined huge sums of money when they actually immorally and illegally so that they won’t do it again
why is this not illegal? this sounds like racket. charging high fixed fee for small transactions makes no sence, unless you are a banker of course
i cannot afford btc so i am buying only eth right now. i have an aim to own at least 10 eth before the year-end. spdr has stopped nest staking for now, so i guess we are left with lps like eth.
spdr staking has been stopped for now so i am going in for the lau ones. i am keeping it simple and buying only btc, eth, gold, silver. maybe link or dot but not any other crypto asssets. i am also keeping some fiat & stablecoins just in case we drop like a stone like last sunday!
i have been thinking about staking too in crypto and even planning to holds some nfts. it's time to diversify the investements & have a portfolio with low to higher risk assets. i was looking at the polkadot apy on kraken and it was not that good i.e 12% apy. spiderdao seems to have better apy and it is fixed which i liked it.
i have been buying dips on them since i believe the price has been suppressed by big players or whales. it will be moving to polka-dot para-chain or para-threads eventually. probably it will surge after that.
100% true actually. they don’t actually need the money to exist to take if from people. it’s called fractional reserve banking. how else can the world owe more money than actually exists?
banks lend money they don’t have all the time. that’s how they exist. if they only loaned money they had there would literally be no reason for banks to exists because they wouldn’t be profitable. the real problem is you don’t own a bank because if you did then it would fine for you to use money you don’t have. doesn’t everyone love the world we live in lol
people weren’t given billions of dollars last year during a pandemic they were given back part of the money that was stolen from them. see, when you actually realize that the money never actually needs to exists that we were supposedly given you start to understand why most people are poor and will stay poor until they die, never realizing the banking system they were in the whole time was fake the entire time
this comment makes absolutely no sense, do you know what an overdraft fee is?
i do expect banks to let me do this. isn’t this exactly what they do, spend and loan money they don’t have? isn’t this exactly what fractional reserve banking is?
gonna have to thisagree with you on this one here lol. pretty sure most people owe more than they did before covid started however if you’re referring to banks as most people then yes i agree with you.
fractional reserve banking. genius idea, wish i had thought of it to be honest
not as much as they have in the regulated banking market lmao
banks own the government. you should be more upset at them
they do collect money that doesn’t exist but they have to loan it out first. picture a world where the banks have all the money. if you want any money at all, you go to a bank and get a loan. let’s say you need 100k and the interest is 5%. so you get 100k and need to pay the bank back 105k (we will ignore compound interest for now.) you give someone that 100k and get a house. now there is 100k in circulation. so you get a job and work to make 105k to pay back the bank. but there is only 100k in circulation. so someone else in the world gets a loan for the extra 5k to pay you. they have to pay back 5.5k. so you pay the bank back and now they have the 100k back. they immediately loan this to someone else at the same terms. the bank is now in the same position it was before plus they are owed another 0.5k on top of the 5k owed on the 100k. even if there had been money in circulation before, under this model, as long as interest exists and as long as banks are allowed to loan more money than they have, all of the money eventually ends up with the banks. you add a few billion more people and this is the system we live under now. all money is debt and it’s impossible to get money without someone in the chain owing interest in that money with the only way to get more being to create more debt than there is currently money available to pay it.
just general hatred for banks. this is just nonsense. don’t let your account go negative and they won’t charge you that. you enter an agreement when you set up an account. it’s like not showing up to work and then being mad when you get fired.
> don’t let your account go negative and they won’t charge you that. the point is that overcharge fees can be thisproportionally high, banks are just fleecing people with them. fees do not seem to change with the transaction size, and are paid per-transaction, which specifically targets less wealthy people who are most likely to make several smaller transactions with overdraft - a fee designed to specifically heavily punish people who have problems with money seems like something a truly evil person would come up with.
should this be on a a subreddit about etht? hell no. but, the responses here are kinda shocking to me. it's almost like you guys have never been devastatingly poor where you need to squeeze every penny to get by. i've accidentally over drafted my account by literal pennies. is it appropriate to charge a ? how about someone getting boned because their direct deposit was delayed unexpectedly. for everyone who overdrafts for some hugely irresponsible reason. there's someone else struggling to get by who just plain got fucked. i have overdraft thisables on my account. attempt to make a purchase that throws my account into the negative and it just gets declined. i've had banks and credit unions try to convince me that doing this is a bad idea. why? so you cannot hit me with an unexpected fee? if banks want to charge people an overdraft fee, fine, but these fees hurt those most been vulnerable. i like your life's bubble. id like to be in it.
lol someone who finally gets it!!! sad to see most people will die and never realize this
apt! yeah, we hate banks and all, but tweets like these are just illogical. i'm sure the people who took had overdrafts knew of the fees before making such decision.
just because you understand finances does not mean most people do. i grew up not knowing or learning anything about money. my parents were awful with it and they did not have a class on it in school. i was okay at math but many people are not. in the last three or four years i've worked hard to learn as much as possible. it got me into crypto and taught me about the traps of our current financial system. these fees are designed to take advantage of people who do not know finances. they're just trying to get by. i guarantee you most of the people who overdraft are not trying to steal money. it's likely they had bills that were charged before they received their paycheck or something similar. they should not make it possible to overdraft in the first place. banks should exist to help teach people about finances and keep their money safe not tax poor people into the dirt with miscellaneous fees.
i tend to agree with you. however, i think the point is that people who lost their jobs due to the pandemic were forced in the negative… the tweet is extremely biased though, way too little information is provided to draw any conclusions imho.
you know what the bank fees are when you sign up. it’s part of doing business with a bank.
hahah yeah man! just be rich and have more money in your account. it's like, so easy!
crypto changes that by removing (or avoiding) banks, period.
oh you mean spend money that wasn’t theirs like banks loan money that doesn’t actually exist?
how about we just do not use banks at all. the idea someone else needs to hold and manage my funds is antiquated.
that's equivalent to providing an interest-free loan for anyone who wants one. there has to be a thisincentive to prevent that.
> is the bank owned by your daddy ☠️
shut up my uncle owns the bank of america and he will take all your money
im quite sure banks presidents dont use their own bank, lol.
just another day, just another clown karmawhoring for donuts, do not worry move on 🤧😂
that a very brave view you got there. and, i think the ad hominem of entitlement is extremely off base. i think it speaks volumes that one would accuse someone else of entitlement when they are actively defending those with little to none against those with most. but then again, my various credit card rewards and bank incentives has paid me thousands this year to do business with them. i'd like your take to see if you think if i earned those monies. because, i will tell you, if they did not do that, i'd simply do business with someone who would, because i feel entitled to it and i know someone would offer it. i am *privileged* to have that mindset whereas the poor have very little choice and are penalized for it.
it’s predatory. banks could deny the charge. or for convenience, set up credit-based overdraft protection that charges a reasonable interest rate. charging + for going over a few dollars *for every transaction* is indefensible. particularly given that most people who keep their accounts low enough that they might overdraft are poor. and given that errors are made all the time by banks and by companies who draft those charges. one charge that’s a few hundred dollars off could result in hundreds of dollars of overdraft fees before you even realize the error. and that can really screw people over who don’t have time to fight it and the damage it does to their already-low credit rating.
"i know some words"
sounds like you need to slow down on the eth purchases my man lmao
it is possible to thislike banks and simultaneously recognize that a person who overdraws their bank account usually has some accountability.
this is just the wrong thing to complain about with banks. i don’t personally have an issue with banks. everyone acts like they are the villain but there people ripping everyone off on a daily basis more than banks. for instance gas prices are out of control, lumber, having a new pool or roof put on your house…... how about beer at a football game or concert . that’s insane but people are fine paying that and will complain about an overdraft fee that is their fault and 100% something they control. i don’t like paying for tickets, parking, beer at sporting events so i sit my ass at home and watch on my tv and drink my 12 pack for a fraction of the cost. it’s all about choices
ahh yes, even i remeber being screwed over royally by the gas fees. i'm probably gonna get downvoted to oblivion for even making that argument lol
yeah people forget how nice ach feeless transfers are, especially now that most places honor insta-deposit up to a limit. i've paid god knows how much in transaction and gas fees
you buy once... and that’s it!! i’ve paid what less then 20 bucks for a 1000% profit increase? i really don’t understand you people paying so many dang gas fees
the fees are so high even snoop dogg is gonna look sober in front of it
well, atleast someone profited well from the shitshow i guess :) good for ya
ikr ? prolly spent a lot of my portfolio on gas
except that the gas fees are for a far better service than what banks provide. i mean, banks make you pay for so many things and with such high charges, on fiat with monetary inflation... l2 will be way different from this.
yeah, we need to have our faith until 2.0 comes out. then let all the people fomo in at new aths
it's the fee you pay to interact with the ethereum blockchain (like doing a swap, withdrawing your tokens present on the erc blockchain to your wallet)
yes yes i totally agree in this, i'm just sad about the fact that a couple of shitcoins shat on the whole network
yeah we still are not in a goo position to talk about it with out acquaintances. unless they are actually sensible and have a long-term vision.
what does gas fee mean here? thank you
they literally shat on the network
yeah exactly; but i know with 2.0 all this gas criticism is gonna blow away
do i actually seem to be complaining about the gas fees in itself ? i'm complaining about the vulnerability of the system when things like shitcoins and nfts boom (not comparing it to shitcoins) making the normal guy pay wayy more than required for gas fees. ofc i know with 2.0, most of these issues are gonna be solved and it is just for the time being. i'm just ranting because ablot of us actually kinda feel a little pissed about the matter that is all just my 2 gwei
bro i'm pointing to the fact that shitcoins are what caused the shitshow and the vulnerable network just paved into the high traffic. the average joe is definitely not gonna be interested in eth unless the 2.0 version is up. and assuming they are newbies they would not even bother to do the research thereby hindering a significant chunk of adoption
hey, at least you were smart. i was young and irresponsible not opening mail, then i opened a statement one day and learned i had paid over ’s for lunch… and again over . has since and will always be thisabled.
you cannot thisable overdraft for ach transactions. doesn't work that way
no. i closed my account the right way, but for no reason at all they started charging me overdraft fees. they couldn’t get in contact with me because i moved to a different state, my phone number changed, and the email they had was old. without a single notification they just kept charging me until it all added up to 980. i tried to figure this out with their people and they basically said, “sometimes this happens but we can usually get ahold of a person. if you pay half we can resolve this”. fuck them, i’m not paying shit.
agreed… another simple solution, i had my bank turn off overdraft protection, so if it cost .00 and i have .80 in the bank, my card is declined to avoid any fees.
it gets in the theft real quick when you did not approve it on your account and you do not know it is there and you go to five separate locations that night and your card keeps going through and now all of a sudden you have 5 . so for like
just starve is not a "simple solution" by any means ha ha. but i'm glad people are at least trying to tangle with this issue here. this sub always has smarter comments sections than actual posted content.
to justify that it’s ok to charge people overdraft fees because they also lend them money is ridiculous. what about the people who don’t get loans from banks? should they not have to pay fees? most importantly, the way banks works is they loan out money they don’t have and charge you interest on that money also. look up fractional reserve banking. it’s the biggest scam of all time. it’s how the “world” is in debt to banks and will never get out of it because the amount of money that exists to pay off that debt literally doesn’t exist. they system is designed this way so that most people in this world will be slaves working their entires lives to try to pay off debts that can never be paid off
definitely. i switched over to a credit union a while ago, and never looked back!
the grand white hat theft.
then do not use them... they provide convenience to pay bills from the comfort of your home and dont charge for that. every service should be rewarded or it will seize to exist.
yup. they keep me at a 10k daily buy limit. i still hold 2 years worth of income in wells fargo stock. all those dividends are going into crypto. stupid fed blocked their asset growth via an asset cap plus dividend cap. fucking fed! they always steal from us.
i do think they got busted and changed practices. there were a lot of things happening on the retail side that made me think how is this sustainable? i was right but just did not know how bad it would be... now i am worried about great depression 2.0 and when is it going to happen. 10 years from now? that or poor people are going to pitchfork the rich. something is coming. just looked it up and yea they got busted- a class action lawsuit veronica gutierrez et al v. wells fargo bank na, case no. c 07-05923 wha, us district court, northern district of california was filed in nov. 2007, claiming that wells fargo charged customers "hundreds of millions of dollars in overdraft fees" and allegedly "**devised a bookkeeping device to turn what would ordinarily be one** **overdraft into as many as ten overdrafts, thereby dramatically** **multiplying the number of fees the bank can extract from a single** **mistake,**" according to court documents. in 2010, a federal judge awarded and 2008 in that class action. wells fargo appealed the award but in 2016 the us supreme court declined to hear the wells fargo appeal, effectively holding up the .
i believe it was mayer amschel rothschild who said, let me issue and control a nations money and i care not who writes the laws. this is why it doesn’t matter if it’s illegal. when you literally control the government it doesn’t matter what the laws are
first off it’s not that you can’t afford btc because you can. . there’s no difference. the real question is if you could afford 1 btc or 10 btc would you buy that or would you buy eth instead
i think thats a different thing. banks can "create money" by loaning more money than they have. (up to whatever leverage limt the fed allows). however thats not \*income\* to the bank. (loans are assets to banks, just like they are liabilities to you if you borrow the money for your mortgage). but assets != income. fees are actual income. (its a standard comparison for a bank of how much of their income comes from loan interest payments vs other income, like fees).
i dont care for the entire system. its broken bc uts based on a standard of living that does not exist anymore. if crypto to help then so be it. but banks are dling everything they can to get in on that as well...so its complicated at best...
very true, they will find another way to make money off you like loaning out your money and giving you a maybe 1% of that while they make 10%ish on it and or loaning out ’t actually have and making money on that.
exactly, i love the premise that this is somehow the banks fault. meanwhile, you have to opt in to allow your account to go in the negative at account opening and you can opt out at any time. but then people complain that it’s embarrassing to have their debit card declined at the store.
>it’s like not showing up to work and then being mad when you get fired. nobody can fire you when you are on ethereum network, because you are your own boss.
finally someone who can relate to what i'm thinking. amen
yeah thats a wild statement that does not understand broke.
dead on. i am comparatively rich now, but i used to be piss poor. even from a sociological point of view, society does not progress by cannibalizing on its dregs. some of the shit i heard on this thread has been eye opening about eth's current investors and their attitudes toward big finance. god knows it was way different 4 years ago. ...this does not bode well for the future.
>it's almost like you guys have never been devastatingly poor where you need to squeeze every penny to get by. i have lived in such inflation that we got paid daily and spent the money asap while shops had nothing to buy. grandmother waiting hours in line to get eggs and cheese. still never got fucked by a bank. it's as if people cannot manage money and get rekt.
this is like saying i’m ok with banks stealing and robbing me but i draw the line in the sand when it’s too much. makes sense 🙄
i am yet to understand why people hate banks so much, it got amazing options and loans are an amazing way to earn money with investments, as long as you are not an idiot i mean, also yea crypto is a nice alternative way but know there are risk to not have a centralized place that protects your money and governed by a strong entity (your country). fees at banks are pretty cheap too, anything in crypto is 10 times more expensive to do if not 100 times.
not everyone overdrafts on purpose. i swapped banks but kept my credit union topped up with several months worth of subscriptions etc. except i forgot 1 bill. drained me. next thing i know i have . they covered me for like .
it is sad that our sub has recently been flooded with such degenerate tweets. nonsense mixed with ignorance
yep. there are valid arguments to hate banks, but this tweet is definitely not valid (and its also pointless)
the current banking system is designed in a way to punish the poor for silly mistakes and forgive the rich bastards for the heftiest of mistakes (i mean look at the hedgie clowns in 2007-08, if the govt wouldn't have bailed them out, they would be eating crow on the roads).
exactly! bank loans that don’t really exist.
or it’s really uneducated people that can’t control their own money.
sure, it’s a service. nobody forces anyone to use a bank. i know people that go their whole lives living with cash only. the problem is people are addicted to overspending and borrowing, and buying beyond their means.
so let me get this straight, if i need security for my business and hire a security firm to install my system, that is irresponsible?
it's a service. you're always welcome to buy a safe box in your basement.
a) they said larger than the amount. a = 100% penalty. thats not even remotely "interest free" b) the bank could just... decline the charge. but they dont do that, because they want to charge the fees.
first of all, the bank should bounce the payment, not send out money you don’t have. so many banks put overdraft “protection” on student accounts knowing that one day they’ll buy a . second, if the overdraft is for - say 50% of the amount up to a maximum of . when i was a student i had one time where i got hit with the overdraft fee, so i deposited just enough to cover it and get in the green. the bank then charged me interest on my overdraft the next day which was _just_ enough to put me below . .
never will i ever
paid more for gas than i invested in shitcoins... like you said, shitshow
you could trade on loopring if you want to pay less gas. arbitrum and optimism are also coming this month
yeah, but l2 sidechains, like xdai, are really awesome and has really helped in saving gas.
how often are you doing debit transactions except at an atm that shows balances? edit: continuing in the context of us banks that is. idk about elsewhere, maybe they have better consumer protections in europe
damn...hopefully you get it resolved soon. a low credit score am not worth .
this is what i had to do f*** overdraft protection
if you go to 5 different locations without knowing how much money you have and overspend, the problem is not the bank, it’s your lack of awareness
true, necessities come first. but like what the first guy said, it helps people get by until their next paycheck at the cost of an overdraft fee. the other option is to borrow from illegal lenders which is worse.
i've heard a lot of good things about credit unions. might actually consider switching over
my credit union charge overdraft as well
kinda like saying my drinking isn’t as bad now. i don’t drinking hard liquor i only drink beer. credit unions are still banks, the price you pay for using them just isn’t as bad
so if a bank charges me ’s say over a weekend i have 10 over draft fees. if i for whatever reason say f you close my account i’m not paying it. is the bank no longer entitled to that ? is there a timeframe in which those fees could have been loaned out?
just because you paid off debt and refi your house doesn’t mean you’re wealthier. even if you house goes up in value from 100k to a million it doesn’t mean you’re wealthier. it just means you now live in a house that’s valued at more than it was before but you still don’t own that house the bank does (assuming you haven’t paid off the loan of course)
that’s bs my bank is set up so it transfers money from savings if i overdraft. i had it happen a while back because i wrote a check for something and they didn’t cash it for like 2 weeks and i forgot about it.
and not to get you even more upset but they also loaned out that . gotta love fractional reserve banking
i just don’t know how people don’t check their accounts. i have a general idea what’s in my checking and i check it every couple of days.
feelings not thoughts… no way to legislate anything.
i wasted way more money than i make and the bank saved me by giving me options, those piece of shits! lets go decentralization
i've had banks try to convince me not to thisable overdraft in my account. trying to convince me getting a card declined is some huge shameful, embarrassing experience. i've worked in retail, cards can get declined for a variety of reasons and nobody on the pos end can see why. its not like some box pops up saying insufficient funds.
can't lose your salary and benefits if you do not have any to begin with *taps head*
nope. if you don’t have money don’t spend it. why would you spend money you don’t have? losing your job isn’t a free pass to do whatever you want you should probably pay even more attention to your account. the problem with our society is everyone wants a handout. did you save money…... well no i don’t make enough to save…. but i bet you’ve got a …... and …. and you like those … and you’ve got that new car or lease…. or new clothes too…. people make choices.
are you from the us? during the great depression banks fucked our grandparents so hard the refused to bank ever again. hiding their life savings in their mattress.
fuck me harder daddy. look nothing in the world is totally free. they are effectively extending you a line of credit of some sort. they do have a right to charge a fair and reasonable rate for that. though, i do think they could and should extend much more goodwill regarding it. grace periods, forgiveness, hell maybe take proactive measures to try and help people you see in a financial struggle. the present system is predatory. they are a business they are in it for money, and they absolutely are not a charity. but i do find it hard to believe in the long run that helping pull someone who's struggling up the financial ladder wouldn't build one hell of a loyal customer this you make even more money off of long term by having orders of magnitude more money to play with. "we're here for you" we see in ads a lot. god what if they actually meant something.
then banks should not engage in scummy behavior by attempting to convince you to not so that. maybe its scummy to have such a feature on by default? maybe banks should clearly and explicitly communicate their terms and conditions in a way someone at an average reading level can plainly understand? maybe institutions that are built around trust should not engage in predatory behavior against the poor. (see the post about wells fargo restructuring transactions to try cause stacked overdraft charges) or maybe you just should not be poor, lol.
most importantly the loans. crypto loans you have to put up a huge "down payment". no way in fuck can you put up 3.5k in worth of btc for 100k paid back in 30 years at a interest rate of less than 3%.
well, people have had bad experiences with the banks, but it does not justify tweets like these. one of the issues most people have with banks are the really really low interest rates. they're definitely other reasons. recently, there is been this comparison between crypto and banks and how crypto is better. what they do not understand is that crypto has its own issues. could crypto change the banking system in future? probably. for now, they both have their purposes.
you must work for a bank. there’s no way you actually believe this if you know what fractional reserve banking is.
with a hint of dmt
sadly it is what it is.
or your hungry kids need a loaf of bread and this is called, say it with me everyone, predatory lending.
very few people are able to avoid banks by using cash in today's digital world. it's not a practical solution. crypto however might be.
is a security firm a bank? wtf are you even talking about.
crypto can be held in the safe box of my mind.
if you believe anything you stated and are not just posturing for some reddit points, then you need to check yourself in to some place that will help you. be careful though, they might demand payment that is not cash.
> customers have to opt in otherwise the charges are denied. so people don’t get charged for overdrafting their counts? since they can’t? or maybe they can, and they do, and you’re wrong. if those were the only options, we wouldn’t be having this conversation. > the difference in our views is that i believe no one should overdraw their account whereas you believe no one should be penalized for negligent behavior. i said nothing of the sort. i said that i believe there shouldn’t be predatory fees.
and shiba inu marked the peak of the cycle
yeah guess i gotta try that as well
yeah xdai has been pretty awesome ngl
every time i go to lidl to get food or the local shop to buy snacks. as do most people around me.
not when you tell the bank person when you set up your account that you want your card not to do that. i had the money it was in savings.
i'm just glad uncollatoralized loans are still impossible in defi so we do not have to go down that oppressive slippery slope just yet.
which is exactly my point. plus being a member of a credit union has other benefits. they’re not about profiting off us, and are much more lenient when it comes to refunding overdraft fees.
the bank has "loss" when you dont pay it (if there is actually zero ). the bank would get to deduct that 350 from its income (including the 350) so they wouldn't have to pay tax on the income they didnt actually get. (banks have lots of categories of reserves against losses, usually from loans that dont get paid back) since you never actually paid any of the fees, that income wouldn't create an assett in the bank that can be loaned out.
if a bank account is closed due to overdraft for that much, the bank is almost certainly going to send the account to a collections agency. it could be an internal collections agency (e.g. within the company), so they would attempt to collect 100% of the amount; or they could choose to sell the debt to a third-party collections agency (outside the company), for something like 50-90% of the amount.
that’s exactly what it means in fact.
that's right. you have only a general idea. if your living paycheck to paycheck and its around the end of the month, its very easy to end up having something post late that ends up blowing you over.
ikr people here are so blinded from money and wanting their coin to succeed they become massively retarded
spiked with the classic meth
anyone can fight for their own limitations. not me.
gotta think of an elder people with 90+ years old. they might forget their pins, they might get scammed. they need someone to help with their funds. when they forget about their password, they can show their id to someone with legal binding to unlock it for them. when they get scammed and transfer bitcoin to other people, we need someone to help them to block the transaction or revert.
on a roll, this cat cannot be stopped🤣
you’re exposing the contents of your account to fraud with that approach. pretty dangerous move.
that should be about as rare as ach. using a debit card instead of a credit card for purchases isn’t a great idea
wait, you do know that flash loans are uncollatoralized right?
crazy idea to track what you spend. have you ever heard of balancing a checkbook. people used to have to do that to know what was in their account.
...why are you getting downvoted? is this just indicative of a general thismissal of the idea?
personal responsibility and self control only goes so far. there is absolutely no way anyone understands ever rule, term, law, or whatever. we are all working on an incomplete understanding. if you see people being taken advantage of by predatory institutions, show them how they are getting fucked, and teach them how to interact with them in a way that is more adventitious to them. demand banking and lending reform. hell yeah you can change banks, though maybe not on your own. in my experience when people are hit with overdraft fees, it is not due to a lack of personal responsibility. for one reason or another they are barely making ends meet and constantly trying to figure out what compromises they need to get by. it's very easy to get owned by banking and lending institutions in such a situation. while i've seen people overdraft due to irresponsible spending, more often then not its an individual at the bottom of the ladder making the decision to overdraft by a small amount so they can put gas in their tank to get to work because they had an unexpected, emergency expense. i bank with credit unions that are directly involved and interested in helping the communities they serve. in large they are less scummy then banks, but they are not all created equal.
you're definitely someone who has never struggled or lived on razor thin margins, with that attitude.
so you think a world with banks is better than a world without banks? how about the dmv? are you a fan of the dmv too?
banks can have the 70+ year olds. by the time that generation is gone nobody will be using banks anymore anyway.
um. go google “overdraft protection”. you don’t even know what it means. overdraft fees are charged by the bank, not the seller. they are what overdraft protection protects you from. you hook your account to a line of credit or some other account to cover the overdraft.
you're exposing the contents of your account to fraud whenever you use ach payments. unfortunately, not all payments can be made with a credit card.
why? most people around me use debit cards when they get paid from work.
that's poor financial advice, please do not tell people to use a credit card in place of a debit card. are you crazy?
i mean technically, yeah, but it is not like you can use it to fund your college education and debt collectors would not hunt you down if you do not pay. it does not contribute to society's increasing reliance on debt to pay for things and making people pay it off later.
you do know that the way transactions reconcile in your account does not accurately reflect the order on which you write them down on a check book. which can cause problems to happen if you cannot afford an adequate buffer to mitigate an overdraft.
i like options. i also like my bank though. so i just want a world where people are accountable for their own actions and don’t bitch and say someone stole from them when they spent money that wasn’t theirs.
!remind me in 70 years as pro crypto guy, but i have to say being realistic i still think bank will still be around. but they might test crypto as a currency by that time. why ? same ideas as you're not storing your money yourself or some random small banks, most people store their money to big bank or well known banks.
there’s zero benefit and a whole lot of downsides to debit cards.
...no it’s not. that’s like standard personal finance 101. get a credit card with rewards, purchase everything with it, and pay it off each month. if you’re not doing this, you’re seriously fucking up. also credit card purchases are way more protected against fraud. good luck getting reimbursed if someone gets your debit card and drains your account.
100% use credit card for all transactions if you have the thiscipline to only buy what you can afford, you can take advantage of this. i never had credit card debt even though i do this.
any charge to your number comes straight out of your bank account, whether it’s fraud, a temporary hold, a mistake, or anything. with a credit card, you can review each charge first. only kids with their first bank accounts use debit cards, nobody with a financial background would touch one.
yeah thats very true. i see your point.
yes you can " turn it off " if your totally strapped and living paycheck to paycheck, depending on your situation you may be forced to eat those fees because you have no other choice to get by. why are the allowed to charge a fee that usually well exceeds the amount of money they are advancing to you. i do not think your blockchain argument is a fair comparison. you do not keep all your cash money in your home or wallet do you? do you think your average person has the level of security needed to mitigate the risks involved with doing that? why would crypto be any different? i do believe your average person will keep the majority of their crypto in a custodial wallet and only keep what they need to use in wallets they hold.
banks are the opposite of being responsible for your own money. maybe you meant you do not like being responsible for your own money?
i will be messaging you in 70 years on [**2091-07-09 19:15:48 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
several banks still have nsf fees including overdraft on electronic transactions. maybe where you live, this is no longer the case. great. so it is moot for you, and you have no reason to keep responding and switching the subject from the *entire fucking point of the post*.
100%. and it doesn’t even have to be fraud that screws you, it can be an honest mistake by you or the merchant. with credit card you’re fine, with a debit card your money is gone while they “investigate” and charge you daily overdraft fees.
no, it is not. i worked at a retail bank + back end ops. standard personal finance is not to charge everything you can into a credit card. sure, rewards are great - what do you say a young person who has no credit, thereore unable to attain a credit card? just use cash? debit fraud is just as protected as credit fraud. regulation e. banks comply with it.
see the thread below. you're actually protected as a consumer against fraudulently made debit-card transactions efta + regulation e all banks mandated to comply all retail accounts given eft. this is common knowledge, if you do not know what you're talking about, please do not misinform people edit: agree ccs are more protected than debit cards, however saying consumers are not protected against debit card fraud is undeniably false information
right, if you have the thiscipline. are you aware that ~70% of americans have less than ,000 saved?
fortunately for consumers, banks comply with regulation e. you're protected under reg e as a consumer against debit card fraud. your bank has ten days after being notified to investigate a fraudulent charges made via debit
look at the post, it’s obviously going to attract angry people with no financial background lol
how is investing or securing with a company designed to do so not being responsible?
yes it is. it's like the only way for someone without credit to start building it. it was the common theme across all sources of information i found when i started getting more serious about my finances. get a credit card and build credit asap. charge everything to it. **pay it off fully each month.** i've never collected interest on my credit card. i had no credit history when i got my first credit card. i just pay it off immediately. what do i say to a young person with no credit? go get a credit card asap. they're not hard to get. you'll just have a low credit cap.
ten days doesn’t help when rent is due tomorrow. you might be made whole, but there’s really no reason to risk that mess in the first place.
i'd have no problem with it provided the overdraft fee was charged at fair rate in proportion to the amount overdrawn. the fact if of the matter is a 5 dollar overdraft could cause you to incour a 35 dollar fee. that's a rate that that makes payday lenders laugh. explain to me how that is not predatory behavior. you are using personal responsibility as an excuse to absolve banks from engaging in unethical behavior.
it's not the 1800s. money is not physical gold that needs to be locked in a vault anymore. banks are happy to hold your money and invest it and pay you next to nothing, but you can just as easily invest it yourself for a higher return. using crypto you can also transfer it yourself, get loans, invest, etc. but you have to be responsible for securing it yourself. bottom line, banks are not needed anymore.
no, it is not. you'll have the same credit benefit as getting a credit card and not using it than you do making small purchases and paying it in full each month. this is misinformation - ["the amount you earn or spend on your credit cards does not directly impact your credit scores. what matters is how close you get to the credit limit on each one of your cards, even if the dollar amount is relatively low."]( what will affect your credit score the most, is amount of total allotted credit to you, length of credit history, and x amount of revolving credit accounts. payment history is a factor, but a lesser one at that. if you are not a licensed professional, please do not give financial advice on reddit. my recommendation for anybody trying to build credit is get a secured credit card. you need to front x amount of dollars (usually min. 500) into a frozen savings acct that accrues interest - your "credit limit" is whatever your deposit amount was. you'll smoke yourself applying for a credit card and using it every day with 0 financial knowledge.
to be frank, i do not care for your hypotheticals
you’re talking hypothetical. i’m talking about reality.
just because someone signs a contract does not mean they fully understand it, and even if you do, its not like you can enter contract negotiations with a bank or any other entity. sometimes you eat shit and knowing enter a bad deal because you do not have a choice. whether agreed to or not, that does not mean contract does not mean its ethical , especially when fees like this thisproportionally effect those most vulnerable. as a society should not we call out shitty behavior like that, and call for change instead thismissing it as bad individual behavior?
i'm literally telling you that banks are required, by law (regulation e), to investigate any fraudulent charges made with a debit card. yet you're telling me i'm not talking about reality. got it
it’s so stupid to take that risk. it’s one of the shittiest products banks push on consumers. there’s no benefit unless you work for a bank.
let me break this down again for you - what you think has no effect on the actual regulations in place for consumers using debit cards you are literally retarded if you think banks giving their customers debit cards only benefits the bank? most banks debit cards allow you 0% foreign transaction fees versus credit cards' x% foreign transaction fees. debit cards allow customers to withdraw their own liquid funds outside of banking hours. debit cards allow me, as a consumer, to mitigate my exposure to potential fraud in select situations. going away on vacation? use your card all you want, freeze your debit card in-app after youve made all your purchases. when you want to make another purchase, unfreeze your debit card. tons of benefits to using a debit card in every day life again, just because you thisagree with debit card usage does not mean regulation e does not exist and consumers are not protected :) edit: i will say i agree with you that debit card risks are stupid however misinformation that consumers are not protected is flat out wrong
tl;dr. you obviously work for a bank if your promoting that crap.
i'll leave you with this - every retail bank account opened up comes with many thisclosures. one thisclosure is the electronic funds transfer act. look what it says edit: adding reg-e tie in to efta
i held and bought the dip.
let’s not start sucking each other’s dicks yet, gentlemen. we are still very much in danger of going sub-.
i've been holding for about four or five years, but do not have the confidence to "buy the dip." my original strategy, which i came up with without much research, was to put up a certain . i'm starting to feel restless, but i just feel hesitant to go in for any more than i originally spent. i guess i'll depend on staking for now... i'd love to have a larger holding of eth, but i guess i cannot complain.
get this diamond hands bullshit out of this sub. we hodl because we believe in the tech and that in the long-term this is a fantastic investment. diamond hands is from wallstreet bets shit with gamestop and artificially pumping the hell out of the stock. if we have growth that is from artificial pumping i want nothing to do with it. if someone needs the money they should sell, not be a damn idiot and hold "cuz if we all do it goes up have them diamond hands" ... stepping off my soapbox
sold my 5 eth and used my gains to buy more eth. i doubled my eth from 5 shares to 10.4. hands may not be diamond but these balls sure as hell are
i put money into eth every week no matter the price this is a long term hold for me
you can call yourself a member of the diamond hands club if you held through an 90%+ dip that lasted 2 years.
down ...but not worried more of a “ holy shit lol”...plan with eth is a long term hold.
man i genuinely believe in the long term value of the platform not just the currency so honestly i don’t care what the price does every day or even over several months. i have recurring purchases set up for every time i get paid, i’ll come back to my account in 5 or 10 years when defi and blockchain are core to a massive amount of our modern economy and will thank my self. it’s more than holding it’s do or do you not see ethereum as a long-term investment. if so, then invest in it, like a stock, all this commotion over the day to day is silly to me.
bought at 4200…. oof. scooped a little more at 2900. planning to hold for many years but still oof
held but bought lots whiskey
eth 2.0 made me hodl, best investment ever
just started crypto a week ago. yeah i was way down but did not sell. i've bought some more but was too hesitant when it dipped below 2k. kicking myself of course. many lessons learned, more to come i'm sure. probably be here hodl in hopes of an early retirement, hopefully very early.
oooooh :o is there a membership card or badge? if not, here you go everyone! eth diamond hands - club of 2021 may
💎🙌🏾 i was to broke to buy the dip 😕
what does fud mean? 🤣🤣
i’m just curious how vitalik made perfect timing donation just before the dip
i dont understand the selling at a dip. you are just confirming your loss. at least wait for some recovery and make it a wash. then get out of things like this. you have to be able to watch loss without freaking or you are in the wrong game.
those of us from 2017 upgraded our quality from vvs-1 to fl
i bought what i thought was the dip last thursday and then it dropped through the floor. never mind, cannot sell now as i've lost too much already to pull out...
i finally dared to buy last week ... its been a bit tough! but what is left i'm hoping will pay off long term
i feel like wolverine the first time his hands changed
paniced but hodled 🥵
feels good to be part of you guys, was quite hard.
coinbase pro has given me no choice but to hold... i mean, i'd hold regardless, but still. lol.
this dip i learned something about the psychology of money. when you're already deep into profits and you strongly believe that what you're holding is undervalued, you feel almost zero negative emotion during these dips. you either buy more if you can, or just hold knowing that its a long term investment. this one was very different for me panic-wise
i for once sold high(still at a loss) and bought lower so i made out with more of that sweet sweet eth. who cares about losing a bit of that fiat trash i'll be better in the long run!
proud to finally claim dimond hands 💎🙌
now buckle up and we’re going to reach new highs that you earned!
i bought more on the way down. should have waited a little longer, but i'm on my way to 32 so i can stake eth
not my first but i did the same thing as last time. sold when the downward trend was clear and put it all back in with a limit buy near the bottom. doubled my holdings with zero effort.
i knew i had it in me.
diamond handed club is only for people who survived >90% dips in 2018 and hodl'd till now. so if it dips again >90% and you keep hodling then you can say that your hands are diamonds.
first big dip i experienced after joining a few months ago. what a ride that was. 💎 🙌 💎
i have my stop loss set to 0 profit on my average cost, because im afraid of taxes. i'm a pussy about loosing my money, but i have tax hands.
why do not i have enough money to buy dips and have more when the price shoots up?
just to be honest, and maybe looking for some flagellation, i did paper hand at the dip. bought back in on an increase price than i was at before. it was supposed to be a year or more investment but i lost my head. valuable and costly lesson.
hopefully everybody in this club is earning interest on their coins while they hold strong. for those who don’t know, there are a lot of exchanges that pay compound interest in the same coin that you’re holding, just for holding it on their platforms allowing you to earn exponential, passive gains. i put together [this spreadsheet]( that compares interest rates paid on 140+ coins across 15 different platforms to help you find the best rate for any particular coin you may be holding. give it a peek. and keep holding strong!
this is my 17th i think
i’d like to call people who held and bought a dip, singularities. all that pressure and willingness to put more money into crypto works is reminiscent of a black hole or neutron star. they’re heavy too.
i bought higher than i should have, the dip came so now i just hold and be mad i didn’t wait a couple weeks. i’m also pulling out change from the sofas and considering selling my second child to buy the dip.
i really do not care about this club, grow up
damn right! later this year will be so bullish for eth...
first time indulging in eth too. taking full advantages of this dip.
it's far from over.
am i 2017 crash worthy now or not yet?
thanks! really new to crypto but i did not buy to sell anyway so it did not shake me. just sad that payday would not be here fast enough so i could not get in on the thiscount
i just went negative last night so was not even concerned with the first bit. now my test truly begins.
i just don’t see the point at selling at a loss, when in the long run (fingers crossed) the price will most likely go back up and recover your losses. i just see it as a buying opportunity when it dips. i started buying crypto this time last month and i don’t regret it one bit hodl
thanks man feels good
dip = on sale. which means buy more
i had profits of 21k tethered when it fell to 11k bought back in a day later...it crashed lol hodling
i almost panic sold, but was inspired by all deamond hands. glad i didn’t !
bought my first eth at ,400, then my second at ,200 lol
there was a 30% dip?
what is fud? this is my first dip yes and i bought some more. diamond hands all the way.
does it count if i switched out to bitcoin during the fall and then back to ethereum for the rebound?
held and bought here, i am full diamond. or maybe full retard
💎🙌 i'm too broke to buy the dip again but that is fine... still hodling strong 💪
but what if it s going lower than this
hodl'ed and bought the dip. i'm very new but it seems to make sense... buy low, sell high. if it dips again, buy again or hodl! rinse repeat?
i already had staked. the dip has provided me the chance to increase that income!😜
i bought at . then i bought at !!! 💎🤜🏻you gotta be in it to win it🤛🏻💎
not only my first >30% dib. i bought 1 when it was 3,000 then it went to 4200. i was so happy the it went down to 1800 2 days ago i was about to sell but i decided not to. i end it up buying 4 ethereums at 2,150 one for each member of my family as a secret investment for them.
of course i held through the dip. how else am i to eat the chip?
is anyone els having trouble logging into coinbase pro?
i figure this is a good place to ask, just got into crypto after dabbling in stocks'm very passionate about it. i was just offered to stake my ethereum. i do not have much, but would it be wise to stake and accumulate this year? i want to go long on eth i held through the dip and i'm kind of hoping for a bear cycle so i can stock up before eth2 takes over
i am having trouble bending my diamond fingers. can’t pick up my coffee, can’t eat, can’t sell my stuff.
i slept through it, does that count?
do i get a certificate for being apart of the diamond hands club
yeah wasn’t even concerned about the dip, was just wishing it happened next week on payday.
kinda hard to paper hand when you have it staked 😂
always wish i could do things differently knowing what i know now, but holding is always a winning strategy.
i've been in crypto since eth was sub . i actually find it harder to hold nowadays. back then my portfolio would dip a few hundred dollars on the crazy dumps. nowadays i look at the prices and see six figures wiped out. i am not going to lie- it hurts my mental health. and yet, i still have not sold. i'm greedy. i have price memory and my eth is at minimum worth 4k i could never let it go for less than that... but once it gets to 4k again... you know i'm still not selling. i am trying to accept the fact that i'll just never sell. uggghehgheghe the last few days have been hard. anyone got a benzo?
i held but didn’t buy but i held the first dip in 2018 but lost the password fml to my binance account
the fuck else am i gonna do!! momma didn’t raise no betch!!
this was a 1 day price swing 😂 talk to me when we hit 14 days straight of red bars…
i held on for as long as i could but that dip the other night beyond . lol im back in and trying to strengthen these hands a bit more.
does it count if i bought and staked on coinbase pre 3k but also panic sold some unstaked stuff when i fud’d too hard not to panic sell so much i’m dying inside? do i have diamond hands if i did both? do i have only one diamond hand?
i held and bought 2 more!!! after i sold all my alts
i already had diamond hands, now working on having diamond balls
i'm proud to be a member, but my member is not gonna like these hard hands.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [ltc]("last usage")[coin] litecoin [ta]("last usage")technical analysis (or trend analysis), examination of past performance to predict the near future [xrp]("last usage")[coin] ripple ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^([thread for this sub, first seen 20th may 2021, 20:06]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
finally i can feel good about myself.
diamond hands status is for a - 90% crash gtfo with your 30 bruh 😂
bought up the dip and now i've a full eth 😍😍😍 really believe in the future of ethereum 🙌
kept trying to buy the dip until it kept dipping and i ran out of investing money
waited for the gap to get as big as possible between btc and eth then converted all my btc to eth lol
not only did i hodl. i bought more 😎🚀
got into crypto at jan this year. bought a 1000. i never put that much money in one coin as usually i put 200.
is it over? did we reach the bottom? i actually enjoyed not having to watch my charts for a week. i was like this sucks. time to do something else until it gets better lol.
the recipe is one: mine mine,buy buy , hodl hodl!
i'll take the praise but really all credit goes to my ledger nano s that i'd left at home saving me haha
is that supposed to ease my pain?
do i still have diamond hands if i wept like a wee lass 😭 during the entire ongoing dip? can i claim diamond hands if i keep shouting ‘why me god 😫!!!’ do i still have diamond hands if i didn’t sell cause i smashed my laptop against the wall, while screaming ‘eat 💩 elon!’
so i’m the only one that bought at ,300 i have no room to be a paperhands
nearly nearly bought more. definitely hodled
i’ve held worse than this. no stress at all. 💪💪💪 let’s continue the trip to moon.
no sense selling! i am brand new to this and it hurt big time on this one!
i finally got off the staking waiting list yesterday. timing was perfect.
is 30% even a dip? get at me when you're 75% in the red
hodl'd and bought the dip near the bottom. let's get going back up!! 🤘
💯 into vet let’s go babyyyyyy
i bought more, and more, until there is no money left, lol
i hodled and also bought a crypto wallet.
broke college student and less than 2 weeks of crypto experience, but i bought another .09 eth so...
i actually sold my bitcoin for ethereum
thanks mate for the congrats! hope it goes well!
yup. scored some cheap ethereum. 😀
woohoo i survived … i bought a bit before the dip but totally reinforce my position during the dip. i’m proud and confident it will go up! come on baby my wife wants a new kitchen !!!
i panic sold. how can i learn this master-race manners
what dip you mean sale
don't worry if you missed it, you'll get another chance next wednesday.
ogs don’t give a fuck
i sold when it was at . then i bought back at . put about as much in ada with a similar timing as i think elon is going to start sucking their dick soon. fuck this "hodor" shit. :-)
i staked my eth so i had no choice lol
yaaay horray being poor!
i bought at the top and told myself i need to fix my mistake and bought more at the bottom 💎 since it’s illegal to sell!
<><><><>and i bought more
first ride for me! bought in at !
held and bought. 👀
i watched that bitch dip now i’m making the dip my bitch
why is it so hard to hold for people like what am i missing? 🤑😆
💎 🙌 🌙 🚀
no dip for me... sold 90% crypto portfolio ast week, just kept nano. put it all on gme
my question is, is it better to take profits and re buy the dip or just hold? this time i held and lost the majority of my profits and bought the dip with income. im guessing it’s impossible to tell when the best time to take profits is and holding is the simplest option. i dunno though i’m relatively new.
emerald hands. i bought the dip, all the way down!
i mean, why would i sell eth at less than gbp2k?
bought more on the dip and already up 🎣
staking here, so no i would not sell until eth 2.0 or beyond.
not a loss of you never look at it🤫
this is my first >30% lose and i’m not selling shit!!!! i’m holding until i’m a millionaire!!! it’s only a lose if you sell!!!
held and bought the dip
can’t say i’d have been able to stay so strong if i wasn’t so far in the red
i did not even realize there was a dip. haven't checked the price in weeks.
lol 30% dip og 90% dip hodler here bitch come at my level
it was painful but i held like a 💎 🙌🏾 is supposed to
we might finally be at a point in the community of crypto where we small investors are tired of giving up position to whales! we will not falter!
i’m ready for it to go back to
only have about 1! still a decent amount of money to me as i just graduated pharmacy school!
no options to sell in my apps 😔
easy to hodl when you’re staked!
whoever panic sold clearly shouldn’t have had money in crypto or are just so ignorant they never heard of what’s going on in the stock market cause the minute i seen things go down straight away thought “ you hedgieeeees fucken shit up again”
50k + to the moooooooon
yes! this is what it is all about! separate boys from the men. bitcoin may have a problem, but that’s someone else’s problem. hodl for life!
it's very likely that this is the bull trap that leads to the "back to the normal" point of the chart and then we will go down for real.
why thank you kind sir. i feel privileged to be part of such a revered and exclusive fraternity. fuckin 💎🙌 baby!
true diamond hands hodl when price rises
i bought for my first time on this dip 🤩🤑
had to buy more with these prices
actually i think i'm just too stupid and lazy to figure out how to sell 😬
held and bought the dip!
i bought at 1.88k, thanks for the thiscount.
i have an exit strategy but it includes lambos, cocaine and complimentary thisease free hookers ... not quite there yet so i continue to hold.
first time investing. did it only 2 weeks back. down over 39% still hodling. why to sell in loss. better wait for few days😅
thank you thank you!
time to start a kickstarter just to buy more dips. how about that? 😂
bought the whole way down
i bought 9. but i'm holding even with a 10% loss. its not much, but my meager amount i've invested is a lot to me.
i bought my first coin around 3500 before it going to 4000 bought my second coin at 2600 wish i had held a little more on the dip but this is my first crypto rodeo . and i invested what i could afford to lose
yeah mad sales. i didn’t even think to sell.
i bought in mostly at the ath, so yeah not selling anytime soon lol.
i was not gonna cash out for 5 years anyway...i was not going to cash out for 5 years anyways" *wipes tears away*
i held and bought the dip too! up to 11.5 eth
i bought around 1000... and being new to crypto i holded even when the cost went lower than what i purchased it at... i even bought the dip for 100$
my forth i think 😅😅
do we get a gold star for doubling our bags with thiscount eth, btc, dot, ada, and nano? asking for a friend... a very close, very happy friend
i helped my 20year old daughter open a crypto account and filled it with dip.
diamond hands! thanks to the dip i now have 1.2 eth edit: 1.7 😎
wuz up diamond members!!! glad to be here
i opened a wallet last week. when i did, it was the first time i opened it since may 17, 2017. time to top that streak!
i averaged down considerably that day. it was a tastey dip indeed
suicide will always be an option
been here since 2017, haven’t sold, bought many dips. i’m personally done buying dips, but i also don’t have shits to give about this dip. it will hit + eventually.
held and bought what i could!
finally got up to 2 whole eth thanks to the dip ;)
yes i can finally say i have diamond hands!
hodl? i took out a heloc to buy more 📉📈🚀
i held my 50!!!!!
thanks, however i'm massively depressed now. any tips?
i luckily had some usdc that i was planning to stake, but that dip was just oh so juicy. got me some of that sweet sweet eth
i did not buy weed to buy the dip. i did not buy beer to buy the dip. i did not sleep to buy the dip. i did not j. i'm...quite stuffed.
held and bought more. 🚀💎🙌🏻
the secret to having diamond hands is simply to stake your crypto. im glad my btc and eth are locked, emotions cannot do shit to locked crypto
just buy more eth if you can spare it.
bought that sweet dip.
even if you're bearish and think we've peaked for this cycle and looking for a way out, **always wait for the bounce** which usually retraces at least 50% from where it peaked and started dropping.
i hodled my entire portfolio. as long as the tech continues to move forward, the market will do what it does.
today i am a proud owner of eth. i bought when it dipped then bought again and i will hodl like a motherfucker.
scared money don’t make money. everyone loves the hype during a high, but few can withstand the darkness during the lows.
i bought some btc in the dip all while mining eth and holding digibyte, raven, ada, matic. i only lost my crypto virginity in march. never gonna give up my babies!
it would not occur to me to not hodl for at least 20 years.
i guess if i’m in the club i should know what hodl means. can someone help? new here.
it dipped? oh crap, i wasn’t paying attention to the market
i held and but had no spare money to buy more
i saw the dip coming, sold high and bought back in low. fairly new at this so i never maximized my opportunity but i learned a valuable lesson and picked up an extra .25 of an eth.
don't pat yourself on the back too soon. this is the real dip we've all been waiting for. start your dca if you've been waiting. i sold 30k (not all of my stack) at long term capital gains at 13 months (), and started a new portfolio a few days ago. you can take my advice... or you can scream fud and downvote. i do not really care either way.
i held. fuckin rush.
yuh boi! hold and buy!
🙋🏼‍♀️🙋🏼‍♀️🙋🏼‍♀️ first time investing in crypto, dumped 30k when it was at 4100 ☠️ thanks to yall holding strong
thanks. from 10k to 3.5k and might pick up more eth if it drops below 1800.
my 20th i think , but who cares not fucken counting just holding.!!!
so i made it? but i’m still down lol
didnt see a point of selling at a loss so...yeah i guess i have diamond hands for having common sense.
can i still join if i sold and bought back in at a lower price? pretty please?
thanks man i awalys hold buy scared to buy in dips because it can dip again i was prepared for eth to go back to like 600 thank god it did not
i’ve held on for so long it only make sense
hodl! eth has survived the worst of fuds recently and still going strong!
thank you 🤝 i feel welcomed
missed the dip put purchased 2.9 eth earlier today when it was 2600ish :)
lol... relax guys. 1. my credit is already shit so i do not care 2. it only cost me 3. i have a . 4. i do not need my paycheck and i make good money 5. most important... i was able to procure half an ethereum to add to my bag... it's already covered way more than the
my momma always told me to not kick'em while they are down...well never was keen on listening to her sooooo while they dip...i kicked and bought...and hodl...who is with me?!?!
lol... i already covered the ... and i was able to get a half an ethereum at thiscount prices that i already made gains from so... i'm thinking it was a pretty good idea and i'll likely do it again if the dip is low enough. no risk... no reward. gotta live on the edge
lol imagine considering this diamond level hands. id say we’re at bronze levels.
according to some experts: the upcoming 70% reduction in costs, means less ethereum paid out to miners, means that supply would be reduced greatly- means that the price will go to the moon
bought half an ethereum with the mortgage money at a thiscount price. paid the mortgage today and the already made 't have had... who are you saying are the dumb mofo'sin here? from where i'm sitting i made so far . you gotta take risks in life if you want to get ahead
thank you, firm 💎🙌 handshakes all around. don’t mess with crypt if you can’t handle the dip!!!
in for two weeks, down by 30% bought some more at the dip... ada, matic, eth always hodl
i finally bought in at !!!!!
i sold everything at the low point and then i died.
what kind of hands do you have if you've diamond-handed 3 times over course of 4 years!?
i was only able to afford .4k. still brought down my average buy price so all gooodddd.
hodl and picked up more below 2k. diamond hands! let's go!
i day traded mine
thanks bud, it feels like i can actually now say i'm here for the tech and that really do believe in the project.
lol 2018 95% dip and i held
you jokin? this was easier than holding my dick to piss
broke fist time here! so...hodl!
i didn’t even know it dipped until the day after.
stop romanticizing this. its getting weird.
i wish i had cash to buy the dip.
diamond is unbreakable baby
i sold it all... for capital to buy back in lower from the paper hands. feels good to profit out of a dip!
dip? isn’t eth up 30% on the 1 month graph? why is this such a tragedy to some?
i guess i earned my diamond hands cause i didn’t sell. i was tempted but decided against it. even if it crashes to 1800 i’d just buy more now.
i feel like my paper hands from gme and amc have hardened me to not even fuckin flinch through this. believe
50%+ count? (i stopped watching)
i just held no more buying power at the moment rookie move boys i know, will continue to accumulate and make it 100% of my portfolio. it’s the slow accumulation that will get us there!
you only lose money if you sell, right?
i booked profits at 3900 and reinvested the whole amount back into ethereum
when lambo i lost money
first time!!! cant say i didnt panic a little
by dip you mean thiscount right ?
2014 veteran here, and i can only say: hodl brother!
when you put 1k in when eth is 4k aud thinking you're getting a thiscount. within 24 hours it is .8k aud. you live and you learn. rip
i held it better than my firstborn!
i moved some doge profit into eth last week for the first time. thought i got it cheap at ,600! 🤷🏻‍♂️ fun times!
it\`s my 30% dip, and i bough my firt eth because of it
30% ... so far.
let’s this bitch go to the bottom i’m buying more 🤑🤑🤑 bargain shopping 🛍
just scored some more sweet eth at 2400! i feel like i won the lottery
i am working on diamond testicles, my hands have been diamonds for a while….
a sincere ... ... congratulations, mate! \\:d... ... to everyone who learned that you can only lose money when you sell!
asset. the dip not selling shyt. my hands are made of diamond plated adamantium... i'll sell when the world explodes.
i missed the dip. i secretly hoped it would go even lower, so i could load up. got too greedy.
i remember 2017-2019. the only thing that changed is i stocked up on popcorn.
dipped. sold. dipped more. bought. made money.
due to extensive research done by the league university of science, diamond has been confirmed as the the hardest metal known the man. the research is as follows. pocket-protected scientists built a wall of iron and crashed a diamond car into it at 400 miles per hour, and the car was unharmed. they then built a wall out of diamond and crashed a car made of iron moving at 400 miles an out into the wall, and the wall came out fine. they then crashed a diamond car made of 400 miles per hour into a wall, and there were no survivors. they crashed 400 miles per hour into a diamond travelling at iron car. western new york was powerless for hours. they rammed a wall of metal into a 400 mile per hour made of diamond, and the resulting explosion shifted the earth's orbit 400 million miles away from the sun, saving the earth from a meteor the size of a small washington suburb that was hurtling towards midwestern prussia at 400 billion miles per hour. they shot a diamond made of iron at a car moving at 400 walls per hour, and as a result caused two wayward airplanes to lose track of their bearings, and make a fatal crash with two buildings in downtown new york. they spun 400 miles at diamond into iron per wall. the results were inconclusive. finally, they placed 400 diamonds per hour in front of a car made of wall travelling at miles, and the result proved without a doubt that diamonds were the hardest metal of all time, if not just the hardest metal known the man.
i bought a > 1 btc on the dip. and threw a couple k at poly on a hunch. almost has me back even after the bloodbath i took on eth making my first investments at peak. i’m convinced we’re seeing a wyckoff model being applied to eth and it’s alts right now and heading for some aths. btc had a perfect wyckoff on it this last month or so but hasn’t fallen off like it should. but the whole market will tank with btc so it’s being kept up for the time being. i think 50k by friday to meet max pain price on options is gonna happen. that’s as far as my crystal ball sees, so i’m planning to pull profits off and rebalance for the rollercoaster at that point.
i was planning to buy around 2k right before the ath. went camping. came back and it was at 3.5k. bought in then. been buying the whole way down. see y'all in 2030 when i quit my job at mcdonald's. sitting at 1.1 eth this noob has been baptized.
30%!? you lucky, lucky bastard! proper little jailer's pet, are not we?
i recently invested in eth for the first time - then it crashed. big bummer. but i managed to stay strong and not sell and instead bought more when it fell even further. now everything is moving up and i am very happy with my decisions.
achievement unlocked!!! cheers! 💎 🙌
i'll have diamond hands until 2026
i had to delete my apps off my phone. now i want them back, but i'm scared it is just going to go down again. granted, i staked all my eth soooooo forced hodling. it's a nice consolation to see my rewards eth2 balance continue to tick up, regardless of the value!
i didn’t sell. you’re welcome everybody.
no reason not to. it's only a . i can always pay it next week. i have no shortage of money coming into my pocket. i do not have any bills. my property pays for it all. my paycheck is play money.
only started investing this month and can honestly tell you all, that crash did not even phase me at all and i kept logging on to see what else i could buy for cheap cheap lol. probably because i kept coming on here and reading everyone's posts about btd and hodl haha.
i did not hold, i bought more
bought in at 4. sold somewhere on the way down and then rebought at 2. still sitting at a . i'll take that as a win.
first time in the eth community i was sick to my stomach after waking up and seeing this but still didn’t sell bought more instead 💎🙌🏽
💎💎💎💎💎 they had me at rocket ship i had to hodl.
i love it... diamond hands club 👏
i invested in crypto for the first time on may 9th, bought , and not only did i hold but i also bought the dip!
wish i coulda bought the dip, thought i did, but there was more dip...so much dip...so little fiat
i bought more did i do good 😌
i bought at the dip. then it kept dipping. so i bought more. and it dipped again :)
nice jinx. down it goes again
yes hodled through it but unfortunately couldn’t buy the dip which i would have loved to do.
thanks! now come pick me up at 2970 ;)
i staked mine a few weeks ago to prevent panic selling. it doesn’t make things any less stressful.
i moved my 3500 gain from doge and put it all in eth at 4200 so i got 1.25 eth all together and literally 45 seconds later the crash began. i never saw it go green after that 😂😂🔪
was at about 7xx with eth and then it crashed i'm just using my positive energy to make this market go up🚀🚀🚀🚀🚀
just added some more
i have 7 eth that i bought at . my buddy freaked and sold everything. i held and plan to until i reach my moon (paying house off)!
brought down my cost basis from 4k to 3.3k at least. hopefully bringing it down some more in the next week or so
same got some more of that sweet .5k eth
i spent too much the week before so didn’t have anything left to spend at the dip, but at least i held i guess…
that’s like double better. i bought some too but not too much, but i still feel happy that i did
i held and bought the dip too. almost got in panic mode for not having more euros to convert
same, just bought too early on the dip
instructions unclear, held and bought the dip.
i bought the dip then it continued to dip and dip some more then another dip but i was too poor to buy more of the diparoo
pro move right there!
great idea!!! do well to connect your wallets on safekeep finance ,a project that allows you to secure and backup your wallet and be able to access your wallets back even though you lose your passwords or private keys
same. then i went to bed and woke up to some gains on my new buys and some more mild dips. not all is awful.
i'll suck dicks if i want to and no man can stop me.
yeah, as someone who survived a 2 year -80% event, i’ll hold my applause for a 48 hour 30% dip.
in a true bear market (we do not know if this dip is the bear market yet) i fully expect ethereum to reach between -, but not lower.
that is only a problem if you think it is going stay sub .
that’s true but still the hodl applies
mmm, keep going bb.
absolutely not happening long term in a bear trend this year, london and the merge are too bullish
no one's in any danger!!
can we start with mine though
true, but if one was still doing dca or have any more capital you want to invest, one could set some limit orders down where you think it will bounce back...this is not financial advice. probably safer than panic selling.
aw, but i wanted to suck some dick
sigh just do not make me wait another 2 years, i am not a patient man.
please do!!!! god i’d love that price
that just sounds like a better price to me
given the sheer amount of traders liquidated, plus hundreds of billions lost, there is no cash for a sustainable movement up. meaning, it is more likely that we go down and remain there several weeks while reaccumulation goes on.
ok but if we still do it and we hit sub ... i've taken worse losses...
sounds like we should buy moar then
lol atleast you did not buy at ! i bought some more at . not the bottom, but still 25% off! now i have a further buy trigger set at , and i really hope it hits!
same first timer, bought at the peek and now i’m down 12k just like that 🤡☠️
yeah same, bought first time at , well here we are at .
i only own 2 coins and it is magic and eth. honestly matic has been the only thing that was holding up my portfolio until it realised markets were dipping yesterday
exactly. this is r. don’t get me wrong. i enjoy gme memes as much as the next person but crypto is about financial freedom, passive income, safety and accountability through decentralization etc. if people need the money, sell some, take your profits and live your life. at the end of the day money is just a number.
chill dude. everything starts out speculative. then it becomes real. i don’t expect many to understand the true potential. but now that they have made money on eth. maybe they can start to understand at least what is the blockchain and what is eth and the upcoming exciting upgrades. or maybe even stake.
the gme saga was really fun at the time but i really hate the ripple effect it is had on every financial subreddit.
i was *so close* to doing that. i silenced my "it is gonna dip soon radar" and put it on "let us see tomorrow because tax is a hassle" and then the next day i was all "whelp".
you must have gotten out close to the ath to manage that ? when it hit the ath, i had the brief thought to do the same, but my will power held me back...damn you will power.
hmm... dca with crypto, huh? what's your avg by doing this?
well i bought xrp at .82 jan 2018 and sold recently ...do i qualify?
since april you say? thats some real patience. great work
i used my mortgage money. it's only a 😎
fear, uncertainty, and doubt. what a lot of people have been feeling this past week.
🤔 thanks for making others curious too 🙄
people sell because they believe they have *already lost*. no one taught them to understand that they only lose when they sell below their buy-in.
i did that 3 times with eth and made a lot of money but each time i sold high it went higher and each time i bought low it went lower😏
unfortunately, that, fiat trash is what has to pay the bills at the moment lol
this is what i wish i had done but was afraid to do.
you really did! now sit back and wait for eth to take us up and beyond
you must be a blast at parties. congrats to all the hodlers.
well i did hodl in 2018 but i think as the market matures...the big corrections will come down. next bull market, 30% might be the highest dip maybe
yes it is very hard lesson to learn. we have all been there. easy to say but hard to do: shut off the phone, don’t check prices, go for a walk, come back in a few days.
we learn from our mistakes
i honestly wouldn’t invest unless you broaden your horizons. you bought at an all time high compared to the last year. people who bought towards the end of 2017 that only had a year timeline sold and lost substantial money. people who bought and waited around 3 years have more than doubled their money. i would never invest in crypto without at least 5 year time span to hold that money like that. if you’re looking for short term profits buying crypto then that’s fine but you have a much much higher chance of getting burned. at the end of the day this stuff is extremely risky. sounds like you learned a good lesson with this dip and you are gonna start looking long term. keep going down that route. it makes things easier
fear, uncertainty, and doubt. paperhands’ best friends
sounds like a good plan, that’s what i plan on doing. i will sell at the blow off top, watch the fall and then pick it up at or near the bottom and then stake it.
will trade benzos for eth 😆
400 miles is 643.74 km
in short term but just hodl. the tax fud has always been there along with china fud
buying on this dip actually increased my cost basis 😂
is there someway to see your average cost on coinbase pro?
i had some extreme "low ball" limit orders set in a ladder for btc and eth, most of them triggered... glorious. i think i'll just set some more for the next drop. never know when we might decide to test 20k.
yep, finally timed it right
i tried but coinbase decided to take a dump for a couple hours
you're so lucky, as soon as i saw it hit 3000 i went all in with every dollar i had.
dis is da wae
this is the best!!
you are telling me... i just returned from a trip to california where i spent way too much! i had to swap doge profits out for some eth and some smaller cap coins. luckily the doge profits were still great for me compared to when i bought but it still sucks selling off anything on a dip like that. but alas we are here for generational wealth not a quick buck.
same feeling ! held but not a bough dry powder to buy the dip. lesson well learnt. always keep a percentage aside in usdt
female here. just wanna watch all that dick sucking 🤗🤗
🌭 let us go! 🌭
i can stop you sucking mine.
god i’d love for it to stay there for a year. i’d stack so many coins.
if it reaches 700 i could buy a whole eth!
okay so that is about an 80% dip. all while the ethereum network is undergoing some very important upgrades, defi is really taking off, institutional adoption is happening and cbdcs are moving forward. not saying it would not happen, but it seems that the only thing that could cause something like this to happen is a big global financial crisis or something along those lines. but maybe i'm underestimating the amount of paper hands out there.
right where i want it
too bad there is no such thing as a "true bear market"
why? what would really cause the eth ecosystem to drop that low? eth 2.0 will increase adoption greatly. what are the downside risks right now other than short term dynamics (fud)
well, it is sort of a problem if you're buying a bunch of 2.8k eth right now and then do not have $.
you mean panic buy
they’ve clearly already been priced in and milked multiple times
we need whales and institutions to load up, which i think they will over the summer.
i had link eth and matic and same man. i had gotten my friends into matic right b4 it pumped recently, like . 60 cents, and boy were we all cheering. seems to be consolidating but they provided a great service during this crash. wont go unnoticed
shut the fuck up. nobody likes you.
first off matic saving eth. 2nd is eth at the top of my portfolio, catch me tatted, and 3rd pipe down bc with a post like this ppl should be proud of any1 who bought any coin ty
i completely agree that it could. i love the idea behind ethereum and have since i bought in 2016 but everything is speculative until pos is implemented.
false rarity, controlled by a central authority, artificially pumped value, you’re right. diamonds can eat a dick
yes obviously. ethtrader. making smart monetary decisions, where we are well informed. trading not holding until death. if this sub had been less busy with diamond hands memes there might have actually been good thiscussion about how overextended we were at , then more about how 2.5k was a good re-entry if signals showed it having some strength there (which it seems to). this is not a moonshots or bets sub, although it has really turned into that in this run. in the 2017 bullrun there were plenty of shitposts here, but you could still come have actual thiscussions about ta and how news will affect price without everyone just coming here for confirmation bias to hold forever.
are you me? i just kept thinking how my last buy was 1700 and even at 3400 i was like "nah, tax burden am not worth the small profit"
yeah. if you want to know how i got to pull out at the perfect moment was that i was looking at the 14 ma, the 200 ma, the rsi and candlesticks and got a headache so i went to sleep then woke up at 5am with the sudden urge to fap. upon completion of my fappening i decided to look at my crypto and noticed it was starting to fall steep and on a whim i pulled out. so in conclusion. pulling out isn’t bad if you are lucky enough to pull out at the right time.
right now my average is lil under 3k after this major dip i took advantage
hoping it stays below 3k next week. will be making a big purchase
really. where to find that?
does that not hurt your credit?
this is what you dont do
that does not seem advisable under any circumstance.
man some dumb mfers in here
the downvotes show why .
that is fine as long as you come out in the green. it's not possible to time the highs and lows perfectly unless you're the one controlling them
for sure but i keep enough of it on hand to pay bills and be comfortable. first rule do not put more in than you can afford to lose! i may be newish to crypto but that is just a general rule of life, do not over extend your finances
play video games, ignore crypto, hodl
silver or gold hands minimun?
it sure is, eth and vet for me
we were all boobs at one time
is that a yes?
i know the feeling... it's terrible, went from . sky is falling! 😉
i dont know about coinbase pro. voyager shows it, but binance.us does not. divide your total coin holdings by the amount of money you have spent buying the coin.
how do you set orders like that? what exchange is used for that?
nice! how long did you wait?
for once it seems i timed it as well, got some at . i assume it will crash again tonight because of that though.
i'm still pretty worried this is a bit of a dead cat bounce, and the calm before it sells off to 1900 again or whatever low it was. but imo i think institutional adoption has created a bit of floor. back in 2017 crypto was not widely adopted or mainstream, there is simply more people who will buy any dip now so not to jynx it but i think we will bounce around here before continuing the bull run
ya i’m in it for the long haul but damn it’s so easy to feel down for investing a week too soon. lol
is that hot? guys find lesbians hot. didn't know it was the other way as well.
cause he would not be able to find it?
does that mean we should start spreading fud? i personally do not mind
ohh, can you imagine? so many coins...
>big global financial crisis well you're in luck
story of my dip
disagree. once mining issuance is severely reduced, sell pressure from miners taking profits will drop substantially. additionally, day to day the amount of eth getting locked in beacon chain is increasing.
lab made diamonds are cool though.
i understand your frustration. i’ve been seeing more gme style conspiracies about cryptos now that the 2021 reddit investors are entering the crypto space. as a gme hodler myself, it’s annoying to want to thiscuss what influenced the recent crypto price movements when newcomers are trying to apply the “market manipulating short selling hedge funds” narrative to the crypto space. with that said, lexicons evolve. diamond hands is to 2021 what hodl was to 2017. i don’t think we need to gatekeep what words we use to describe the same concept. i think the shitposting problem has more to do with the surge of interest in retail investment than anything else. the more popular something gets, the more people you will have that only really skim the surface of information. shitposts will become more popular than deeper analysis and thiscussion. i agree that it’s an unfortunate problem, but i don’t think this post is part of the problem.
yes. yes it does.
oh i know it was totally luck in no way do i think i could do that all the time. i got lucky with it once now it is time to just hodl and dca
or, have a crystal ball
this has been my issue lately as well, learned the need to set limit buys when i expect it to go down and try to dollar cost average in
gold is pretty soft
the thing is that between purchases of eth over time, and with btc and fiat, i have no idea how to easily figure that out. plus i wouldn't want to do a complex calculation over and over in future.
i use tradestation, they have a crypto exchange. coins are limited to eth, btc and ltc (now that xrp is locked). i assume other major brokers with crypto accounts have this too but i cannot confirm that. (like webull) i think coinbase pro also has that function, but after this last crash i do not trust them to not be down when i need to log in, or execute my trade when their system is overloaded. plus all these new crypto exchanges that allow margin trades probably got their ass kicked this week, so i do not know how well they will survive after all the margin calls on wednesday. so, i use the major broker to trade, and will likely move to decentralized exchanges for other coins.
nice! maybe my !
yeah i can see how it just seems like a dead cat bounce at the moment, but it could also just slowly continue to rally and all this is just an "intermediate peak" to shake all the weak hands out and buy up cheaper crypto. not like this matters to me currently since i did a full eth stake a few weeks ago and i cannot even sell much if i wanted to. if the price is back sub-thousand range when i get my tokens back, obviously i'll just hold until the next bull market cycle that ends up breaking another ath.
eek what an image, dead cat bounce 😬
that would match the previous rally. however the previous rally had particular btc related selloffs due to some large scale legal action... we have not seen a direct cause yet in this rally other than whales playing around.
everyone has there kinks. i’m not gonna say my panties don’t get moist over the mental images i can create. it’s most definitely a turn on for moi.
you mean to say you haven’t already? get to it.
you mean inflation? i'm thinking of something like 2008.
here for ya, bud
who needs credit when you can just take out a loan with your crypto backing it up!! no credit needed!!
don't know what to tell you then
i use cb pro but i set the ladder at the beginning of the week. even if the user interface crashes, i've always gotten my limit buys at the specified price. it requires some prep but you never know when these dips come along. the added bonus is it stops me from backing out when i see the price tanking.
if it is does. i am ready for 5 ethers what exchange do you to set up the buy order?
i too have a ’s been hanging around for a little while lol.
this slow creep up has me feeling pretty positive. feels like retail investors are regaining confidence and all the paper hands are getting back in
lol yea it is a stock term, i see it mostly with biotech when there is an enormous crash there is a rebound that may be deceiving then it dies off again wonder who came up with that
you like sucking dicks! it makes perfect sense! :d
unfortunately, 2021 is about to tell 2008 to hold its beer
true, but it’s always nice to have security... if you experience huge losses, have bad credit and are unable to continue with financing your mortgage which results in losing your house. you’ll have a lot more than just sweaty palms, watching the dips.
yeah i mean we made huge gains so quickly, we all kinda felt this correction coming and people taking profits and then when the dust settles we'll get back on track. that's where my mind is anyway, i do not think this current market cycle is over at all, i'm hoping for a great summer.
you missed his sarcasm tag
shit... ha! whooosh. straight over my head.
that was sarcasm?! i just used my whole car payment for more btc!
happens to the best of us
[tip this post any amount of ]( (by [1:48am utc]( to keep it visible.
he has my respect just for mentioning yemen whenever places like palestine, yemen, syria, somalia, uighur suffer from tragedies nobody seems to care. but if something happens in the west then suddenly there is massive support.
so nice to see that he is doing a nice work even on twitter.
i totally agree. this needs to be said and adhered to more often. governments only care about the special interests that enrich those people in power.
you guys do not use dark mode for twitter ?
peace is the only answer to all problems...
unfortunately many people in many countries suffer the consequences of wars. i am thisgusted by the fact that even today there are armed conflicts of this magnitude
i’m a blogger in japan, and i was really touched by the outpouring of love and support by everyone when we had that big earthquake and tsunami 11 years ago tomorrow. and yet, when pakistan had a terrible earthquake, the reaction was less charitable. i hope someday we live in a world where this is not the case.
nice i’m glad more people are speaking up about this, angelina jolie has recently donated money towards those suffering in yemen. she also made a trip there today i think.
im glad he said something like this. most people do not care about yemen, syria, iraq, palestine, ethiopia, etc. either because it does not affect them or because those countries arent "white".
he should have said that earlier, people will hate him for sure.
don’t forget the russian people. just bc putin is evil and corrupt, it doesn’t mean the normal, average citizens deserve all of the negative effects of this banker war.
how about just wait until elites want to start shit and string them up and leave the people alone and not do war shit.
he is right, however, the ukrainian conflict could easily get worse and affect the entire world and then, it looks also quite bad for yemen, ethopia, and just everyone, while the war in yemen has almost no effect on anyone else.
let everyone know you’re a foreign asset without letting everyone know you’re a foreign asset; what a glib little shit.
that’s not going to happen. the western world expects to see brown, suffering, and living in thisaster zones. it’s easy to see them as “other.” in circumstances that could “never happen” to predominantly white populations. this kind of confused thinking leaves no room for equal concern.
i mean… when we talk about kids locked in cages at the border, all anyone does is blame their opposing party. focusing on mud slinging instead of focusing on like... yknow... the kids in cages. we ain’t so good with the empathy.
spoken like a true russian.
this war has also shown us how racism is deeply inculcated in western society.
i hate to be the one to tell you but the united states and europe only care about white people.
this war didn’t start overnight there professors saw. this coming 20 years ago but we care more about khardashian ass
he makes me nervous even mentioning political things even if hes right. hes one tweet that the twitter hive mind doesn’t like away from my life savings going to shit
exactly, i just asked today my friend if he knows how many people die now in yemen ? why media don’t talk about it ? why nobody care about that people ? is their suffering and death not important ? i think west don’t have a business over there. so who is really evil ?
but no, ukraine war threatens nato and eu thats why everyone cares, the others if they die it is no big deal.
i do not think i have enough compassion in me for every person in the world who is suffering every day. i just dont have enough, so i am giving it little by little where i can.
he could drop some money on yemen if he wanted to
it’s white refugee privilege, lol
any concern about the refugees along the us southern border? or is it just the ones that are blonde and blue eyed?
awkward that he has never tweeted about yemen or ethiopia before the ukraine-russia war.
americans care about ukrainians because they are white folk and it fits our agenda nothing more. that isn’t bad it’s just the truth
i don’t agree. i care more about people close to me. might seem selfish but it’s true. if my own countryman were dying it would hurt me more than people from other countries dying. the same can be said about europe. i care more about europeans since i’m also an european.
should have donated your shiba to ukraine, yemen, america, instead of your political ties to india, you pompous corrupt, hypocrite.
what a self righteous ass. that’s like mark zuckerberg saying all lives matter during the blm movement.
this is the 'all lives matter' equivalent of geopolitics. stick to your strong suit, vitalik.
i understand his sentiment and how compassion is needed for all oppressed areas of the world. the ethiopian situation is tragic and genocidal, but it is also a civil war. civil war is not the same as russia invading its neighboring country because its dictator wants to reestablish the soviet union
posting this from september 2022! he is officially a time traveler!! that's it i'm buying more eth!
maybe he was browsing on twitter and was annoyed (like i was) that every other post was telling me that i was racist for not caring about yemen, palestine, ethiopia etc.
dude if i didn’t already own eth i would buy some just because vitalik seems like such a great honest dude edit: realized i can just buy more
cnn told me i care about ukraine though. take it up with them vitalik...
it’s hard not to like this guy
“i agree with vitalik” should be a bumper sticker
in principle i agree. in reality we will always care more about people we can relate to more. if we spent our time feeling sorry for everyone in a bad situation in the world we wouldn't have time left for anything else (and we still could not cover everyone suffering in the available time either).
it’s normal to care more about a population that you can identify yourself to in terms of culture and history. we don’t share anything with islam in europe. why do you think we opened our borders without a blink to ukrainians while we don’t accept afghans or syrians? i’m aware that they suffer as much as the ukrainians do. it’s the hard truth but like it or not, it’s a fact.
goddamn, i am so glad vitalik is not only a billionaire, but a deeply good person. i‘ve had enough of various billionaire oligarchs & henchmen friends just wilding out lately.
finally someone says it.
i’m in complete awe of how much support was shown when ukraine started being bombed, yet when countries like afghanistan, iraq, yemen, libya, palestine, ethiopia, had their civilian women and children bombed nobody gave a flying fuck. people are definitely selective about their outrage. analyzing what i said above, the only differences that stand out is skin color and ukraine being located in europe.
0xc711c3... [tipped]( you 1.0 donut!
free your mind and the body will follow.
v.b. for russian president typo derp
raising awareness is always possible
would be nice if we could stop a dozen proxy wars
i do agree. there are other things that require attention but a ton of thiscourses is targeted less at bringing attention to them and more about thistracting from what is currently going on
it is a valid excuse to not care. it's called precedent. and when alleged war-criminals are acquitted the legal precedent has been set and the boundaries of war are pushed open.
ukraine has an ideal enemy for world sympathy.
u[tipped]( you 4.0 donut!
i’ll donate to the yeman and ethiopia wallets too! lead on vitalik, gavin, charles…!!! politicians and web 2.0 billionaires got nuthin on yous!!
0x0875ea... [tipped]( you 1.0 donut!
we as humans can be pretty cruel to others.
there is no war in ethiopia no more.
yeah, been thinking that it’s because ukrainians look like us that people seem more outraged, that and the blanket visceral coverage of our media outlets that don’t show the nasty footage from our sides’ invasions. still, says a lot about how facile the woke are that they can’t see the racism implicit in their passion for this one people, and total indifference to all others, including the chinese slaves that make our devices (anyone up for an apple boycott?… didn’t think so). we also don’t like to look at the west’s culpability in meddling in ukraine for well over a decade, which was always going to produce this kind of conflict. there’s a lot we don’t want to look at that’s a little more pressing than our pronouns, frankly.
u-order-3200 [tipped]( you 1.0 donut!
true tho war destroys communities and families and often thisrupts the development of the social and economic fabric of nations
gib me millions and millions in eth and i can be compassionate all day long, because as long as i have to work my ass off 6days a week and save on everything, i dont have time for others.
i wonder if that 13 billion could do the homeless and hungry in our country any good… prob not
that's a great leader right there, i do not think anyone could have said this better than him.
thank god he still have humanity in him unlike other dickheads in the tech and crypto industry who only care about money and collecting people's info
we must increase human heart block-size
0xf308db... [tipped]( you 1.0 donut!
that is not the problem. anyone can virtue signal on the internet. the problem is where are sanctions? no sanctions for israel? no sanctions for the us? no sanctions for qatar? why is this the red line?
and some of the same actors are responsible for causing the instability and despair.
vitalik for you he win! if your going to care … don’t show a biased care. make it universal! this way the whole world 🌎can change and not just some areas.
they said this about a thisproportionate amount of black people being killed by cops to btw.
a russian talking about compassion for the world? what a convenience.
i removed when america and its allies slaughtered 1million people in iraq and that was an illegal war. we also need to reflect on how we to are not a perfect country
“the situation in darfur is despicable” can i has my cookie now?
you have to agree with his work, he is always right and perfect.
that's the king right there, he is a legend and always talk sense.
he should have tweeted that before current war, that could have be nice.
damn i am seeing so much hatred in the comment section.
i am not understanding why are people hating on him right now?
he is so good with his words. i have so much respect for him.
keep saying the truth king, we all are with you here!!
vitalik should start some fundraiser for those people man.
he has to add that last part because people will act as if you dont care about the people dying in ukraine
i do not agree. you have to find the reason of war. and vitalik not mentioned russians as agressor. why? he feel his russian roots?
i’ve often said over the past month; had russia invaded kazakhstan, mongolia, azerbaijan etc would anyone in the west give a damn?
he knows shit about politics. vaccine promoter.
vitalik is russian and therefore ethereum is russian, it should be banned along with mcdonalds
russia has every right to take over ukraine. it is just a matter of time. revisit your history textbook
i have said the same thing, and each person i say this to starts arguing with me about how it is not the same. its the fucking same!
he is the legend!
thoughts & prayers !!!
we should also consider why this war is being made to be so important when there are still many active wars happening all over the world, some where thousands of innocent people have been killed. smoke and mirrors are how the elite like to operate.
this man makes me proud to be part of ethereum.
russians are people too.
zelensky doesn’t care about the ukrainian people either. they hate him. there’s a lot more to the story. the mafia put him in office
we should also investigate **why** they (jemen, ethiopia) suffering and then raise against that why
vitalik buterin is saying right. we should help ukraine in this situation.
we cannot take care of all people. so we take care of the nearest people.
he sounds like a 12 year old... and you people worship him.
that's true man, only the people living in those areas know about the sufferings they go through.
as chamath says, it is only cause ukrainians are white. you have a situation 10x worse in yemen and nobody cares. not trying to play suffering olympics, just pointing the huge gap.
exactly there are many countries suffering and they are not mentioned because they are not "popular" or "mainstream"
>but if something happens in the west then suddenly there is massive support. only if the enemy does it. when we bomb them (serbia), there is a lot of outpouring of support for bombing them, and no reflection on the suffering of civilians.
this is a white race against a white race , but i don’t think 🤔 it’s this , it’s nuclear in the play , this time , now about the people , all people on this planet 🌎 are crazy , even me including. when you understand this , you don’t need to hear shit from no one , the whole world 🌎 is fucking nuts ,... in the year 2022 , not 1000 years before, holy shit
most of the famous msm is based in usa or europe, so obviously they will care about the west more, it is literally their neighbouring country. unlike ukraine, middle east was, is, and will always be in some hot mess because of their barbaric version of religion. it will never end unless they drop that first. the hatred towards other religions specifically jews in the middle east is appalling, no wonder nobody cares for them anymore.
that's how selfishness works, but since it is a democratic government atleast we can say that the majority of people benefit from it.
this governments always seek their own benefit, even when helping another country
and that is why we do not have time to worry about other peoples suffering.
bro that is the most off topic comment i've read today
i don’t use twitter…so, no.
i do lol, i do not get why people are using light mode when they have the option of dark mode
damn, i am using everywhere dark mode but not in twitter for a unknown reason! your post was enlightening
i was born in the dark, i never saw a white twitter to this day.
love and peace is the only solution i can see in my life.
this! this is so unfortunate man, i thought we have moved away from all this shit but no.
the japan earthquake and tsunami were much large and devastating compared to the ones in japan!
the ones that support putin definitely deserve it, in a perfect world only those would be affected but that is not possible. we are paying for the horrible war crimes being committed against the ukrainian people
another central bank war. on our way to all fiat being issued by the same conglomerate. 100s millions have already died what’s a couple more right?
most russians are just love putin, praising him and happy of his goals of restoration of ussr 2.0. remember history, how germans loved hitler in 30's-40's.
i’d have an easier time feeling sorry for them if their army weren’t intentionally targeting ukrainian civilians. for the people who protested or spoke out against the war before the sanctions hit, sure, they have my sympathies. but recognize, though, that the alternative to sanctions is far worse, and sanctions can still be worth it even if the sanctions impact everybody. the russians who don’t currently despise putin are not getting my sympathy anytime soon.
all these is well known fact now, but there is no option left. we cannot just punish putin
but elites will never want to make the world peaceful, they are profiting from this from all sides.
people need some sort of organisations for that. and it is really hard to unite around constructive idea. especially today
there were worse conflicts that happened during the cold war; those did not result in a world war. the only thing different now is there is more publicity because of the internet.
if only nato would quit it’s eastward expansion.
just because someone has it worse, does not mean that we cannot feel sorry for the ukrainian people. i do not know what was the purpose of him saying this.
he's an asset to canada, he has billions of money in form of crypto. he clearly has all the power here.
he may have left russia long ago, but clearly his inner russian be wildin.
humans can care about more than one thing at once. at least i can
ofcourse man, what do you expect that we should have been talking about this from decades? there are so many similar situation in so many countries, but people do not care until they start fighting.
yeah man, this is the same feeling that doge owners used to feel due to elon musk
also that those middle eastern countries are pretty fucked up already, am not nothing bad to get a little freedom from terrorist even if it needs some sacrifices.
did you really just say “the others if they die it’s no big deal”? honestly you’re scum for saying that
just fake it. things will be easier.
so you're conserving it for the ones the media tells you to be compassionate about. good boy
i was thinking the same thing.
yes, i thought that was narrow minded of vitalik to only include blond and blue eyed refugees like those in yemen and ethiopia...
100% these people only care if they fit the description you provided.
it’s weird how media reporters feel the need to mention how these are “blonde and blue eyed” people i’ve seen reporters state that they are “civilised people compared to other immigrants”
so now if i want to show my sympathy to someone, i gotta write names of all the other opressed person on the planet?
oh that is he does not want to come out as biased, just did it for hedging himself from future criticism.
don’t forget the propaganda. remember how americans hated people from iraq and afghanistan back when the government told everyone how they should feel? now, it’s russians. they don’t want you remembering that these are wars of the elite and the bankers. they want us to think our enemies are amongst the common people of the world.
there’s many reasons, one of them is that ukrainians look more like white americans and people tend to care more about people who look like them. this is a universal human trait. there are plenty of other reasons, such as ukraine being a modern, developed democracy that has just been invaded by the full force of a modern military. people who say americans don’t care about brown people aren’t appreciating the depth of the scenario: a top 5 military power rolling heavy armor into a democratic neighbor to seize the capital. that hasn’t happened in generations.
an invasion in yemen or middle east poor countries will never lead to a world war, but this one has potential to do that.
thats exactly what hitlers nazis thought... they only cared about their bs "aryan" race.
at least you have the honesty to say you have a racist ideology. albeit behind an anonymous wall, but still
i wouldn't say it is selfish but probably a little racist as you see humans not from europe less deserving of your 'care'
i do not know why are you getting downvotes for saying a right thing.
but bro atleast he donated a billion dollars for covid treatment. what did you do?
you said that right, i was taking a bit offense at the start.
but all lives do matter my guy
this guys is right in every freaking manner, i must say.
true man, that is so sad. why do people have to bring their own propoganda in midst of a bigger problem.
buy more and more, we really need more adoption in time.
how cnn told you? i am not getting your point here mate.
glad to see people are praising this man, he deserve that.
really really hard, i do not even know those people who hate him.
that's true. i think maybe it is due to all the propoganda spread by their own media and their own people.
he is saying the truth and that is the real shit there mate.
well it is not always about donating what you have earned, he is awaring people.
we really need that sticker, that could be most used sticker lol.
how is that a bad timing? i am not understanding your point.
we should care about those people, it is important to talk.
what culture and history do you share with ukrainians?
it's also about the reputation and there is no right to anyone to criticise anyone's choice. i will only speak for things that i do not like.
he is just a magical person, we all should respect him.
he always holds the one who is suffering and support them.
people talk about it but countries like palestine were bombing too.
that's right and that is what we all should do at one point of time.
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what is the full form of bv? can you tell me that please?
he did right by spitting that kind of truth, it was necessary.
that's true, this also will be soon forgotten and if ukraine also becomes a country like the middle easter ones, nobody's going to pay attention to it anymore.
he do not need no points lol, he is the perfect one without any point.
he always spits the facts and that is what i like about him.
that would need all the countries in the world to be at the same or atleast comparable power level. that's clearly impossible.
that's not right, we should provide some help to them.
that's part of the reason, but another is a selfish one. as an american, i have a 0.1% chance of dying in a nuclear war as a result of the war in ukraine. the same cannot be said about the war in yemen. the former also affects the balance of power in the world in a way that may affect me personally in a few decades.
no. we care. we just have no tools except our voices. we used them. we did not have enough voices.
partially true but yemen is also not having a threat of nuclear weapons. russia threatens one of the most stable zones in ukraine (europe). as an american i couldnt give a shit about ukraine but what worries me is when will putin stop if left unchecked.
why do people bring up color? it's a conflict within europe. of course that gets more attention. especially since russia threatens other european nations as well. i find it ridiculous that people bring up color here...
ah yes, when your neighbors house gets broken in to you care the same as with a house on the other side of the city? yemen is 5000 km (3000 miles) away from europe. of course it’s not the same.
sorry but which countries mentioned above was living peacefully until neighborhood decided to wipe nationality and declaring this directly?
i feel like people only care about ukraine since the elites may have something important in ukraine and cuz russia does not want ukraine to be apart of nato
it's not the skin colour man, it is just that ukraine is far more popular country than yemen
“it’s only because…” i agree, the situation is definitely not more nuanced than this. in fact, nothing is more nuanced than this. i feel comfortable because everything is as simple as black and white.
to be fair, this is the only war which may lead to a world war, and that will effect most of the people. so it is simple why more people are talking about this.
the research indicates that far more uighurs were harmed by the ccp than there were non-uighurs harmed in alleged uighur-related terrorist attacks
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man i did not know that, thanks for the tip. now i'm totally down with mass incarceration of all those people in the reeducation camps! just kidding
tell that to the victims of serb genocide you tool. ps: war is dirty everytime, no exception.
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yeah, like why is it even relevant. dark mode or lite mode, what's the difference.?
that's surprising because all i see are offtopic comments everywhere on reddit.
man, it is better to use light mode because it looks like twitter. dark colour looks odd on twitter.
except for the fact that **they are being spoon-fed propaganda by the russian government daily**. if i were a russian, being told by every media source, that ukrainians were killing russians in donbas, i'd be angry, too. *if it were true*, that anger would be justified. the problem is that *it is not true*, but 70% of the country believes it is because it is illegal to say any differently.
i do not think that all those people support putin, because we saw how people were being put in jail for protesting against putin.
i bet there’s way less of them than you think
i suppose under "we" - all hired people supposed. as for governmental games pay average people. globally. workers in the us, russia, iraq, china, europe, countries of africa continent. these people drop 25% of circulating supply of the usd into the economics, and now offer to buy the us treasures as a safe place for foreign capitals. these people tells us about other people differences, about their wrong way of living and so on. but it looks like we are more alike rather than different. the only think we lack of is the class mind. realising working people interests is the key to international union creation. that could be the way to predict all the dangerous governmental moves. i wonder if it can be done as a dao or something?
this is going to be a war just to setup an all controlling power that will unify all the nations of the world.
*russian citizens, mr. sarcastic
that's fucked up. but all the videos and arrests of the protestors show a different view.
you’re talking vague to the wrong person here. “most russians”. did rachel maddow tell you that one? it’s a large country dude…
right. looks like, putin has given special orders to kill as many civilians as possible.
this is what ropes are for.
nato might be the closest way to organize all the countries of the world.
wish you were right here and we do not see any major fights over here.
the leaders during the cold war were more reasonable, not 100% authoritarian, and had some integrity and morals, more than putin.
expansionist russia: *literally invades ukraine* russian propogansists: "if only **nato** wiold stahp being expansionist!!!" give me a break. *edit: i've awaken the hoards of soviet propogansists! this is all nato's fault! stop hitting yourself, ukraine! stop hitting yourself, ukraine!*
well, russia just showed how important it is to have a defense alliance. i'm not defending the us, they did a lot of bad things, but nato never attacked another country. also, it is a big difference whether an organisation forces others to join or if countries ask to become a member.
yep even after agreeing not to they did it anyway
you can care about a million things but would you care enough for do anything significant? most likely not.
no you have to have oil first, then they will thiscuss if they are terrorists or not
if you really cannot see the sarcasm here idk what to say to you.
yeah man seriously, i'm tired of being called a racist just because i'm showing sympathy for the ukrainians and did not knew about all the shit in middle east.
maybe. but it is just normal human behaviour that people will feel sympathetic towards what they see.
not sure where this is coming from
i am not talking about vitalik. just the people in this sub
that's just formality man, if he really cared he would have done it earlier.
whatever it is, but still he could have said that a bit early.
whatever maybe the case here, but there is no justification for putin invading ukraine and destroying lives of common people.
let’s talk about this so called “democracy” in 2014 the democratically elected “but corrupt” president of ukraine was ousted by western influenced opposition. also the country is split between mostly russian ethnic peoples and others.
i mean it has happened but the countries were usually small and poor and already in a bad state, so the invasion did not change anything.
nothing racist about what that person said.
sad to see this sub downvoting comments that call out people for admitting they only care about european countries.
he donated that shit to their greedy government that time.
no one said they didn’t. but the ukrainian ones need attention right now.
dude that is a stolen slogan from black lives matter, come on.
forgot the . you’d have to live in america and live with american media to understand
i think he lowkey means whiteness lmao.
idk maybe it is being white, a democratic nation and a developing economy. we do not have that in middle east.
he has not show his ultimate form yet
ya right. the points are for u
you got it right mate. people are more impacted by the ukraine because they know that this is going to effect our daily lives unlike yemen.
no. americans have a 0% chance unless america gets involved. there's 0 chance russia will launch a nuclear first strike on the us.
well, people mention colour because colour makes people treat other people differently, this isn’t an opinion, just a fact. not mentioning it is silly and reductionist. you questioning it only shows how little you have personally experienced.
not bringing up colour would be rather ignorant...
nobody cares about europe. i'm speaking from the us perspective. you know, the superpower that actually has a future rather than the museum that is totally dependent on sucking on the teat of nato for protection and has a shrinking population.
no, it’s because the west gains something from the war in yemen, somalia and so on. the west doesn’t gain anything from the war in ukraine. it has nothing to do with a country’s popularity, don’t be silly.
the reason you can accept all the 100s of people, including women and children, killed by islamic jihad is because you do not live there. you are sitting comfortable in some first world suburban neighborhood. unfortunately we do not live in magic fairytale land like you. if uyghurs did not want to be restricted, they should not have joined terrorist organizations and spread terrorism in the chinese nation. i wish we can all hold hands and sing songs about love peace and happiness, but thats not how the world works. whats wrong with taking teenagers away from the terrorist imams and giving them a career path to be integrated into society? man idk. let them go fight wars in syria in the name of allah like you want. here you defend islam, and then tomorrow will march for women's rights. liberals are so funny.
ofcourse that is what will happen when you try to fight a country like china.
lol all the propaganda everyone posts on here, stop pretending like you're intellectuals. banning people for posting objective truths. "voter manipulation" my fucking ass. literally telling me i cant post saying china had terrorist attacks. cannot say what the department of defense says! fucking retards
it's a good thing you are not president of china. you seem to prioritize the rights of terrorists to bomb innocent civilians than actually protecting civilians from jihathists
there's no such thing like mass incarceration of teenagers, they mostly get in reformation camps.
i will, if you can acknowledge a genocide is not one only if western govts say it is one. just because putin says it, does not mean eastern ukraine has not systemtically repressed it is ethnic russian population marginalizing them, and killing 10,000+ people in the last 8 years. so maybe you can tell people in donbass how putin is wrong. ps. war is wrong and dirty everytime, and if you want to justify one war using some reasons sanctioned by one govt. it is ingenuine to ignore other similar justifications just because it is being given by an enemy govt. when the situation on the ground is very similar
bad bot. also upvoted.
50% of americans live in a parallel fox news world, it is not so hard to imagine how it is.
i completely agree, 70% russians obviously are not evil by nature, they just do not know better but it is also true that many do not want to know the truth and go by the easier path of just believing what putin wants them to believe and live comfortably. strong sanctions would prevent russia to invade another country and stop the current invasion (because they could not finance it) but it can also force many russians to question what it is regime says and figth for democracy.
wouldn't you just fact check on internet?
yes, that is true. most of the social media access and world news has been cutoff from russia and they are running their own propoganda
recent polls show 70% approval rating of putin, the majority of russians is pro war
realising working people's interest?? by the government, what a joke that is!!
omg! 10 thousands of the protestors to the 140 million country? it's nothing. and looks like you never seen videos from a lots of the pro-war actions of russian government, like this one twitter . com\_ins\_ru
dude, i know what i'm talking about because i'm russian myself (absolutely not proud of it and live not in russia). however, most russian citizens (not only russians, since russia is multi-ethnical country) totally love putin, support war against ukrainians ("ukrainian nazis" as they declared in kremlin's propaganda).
okay then let russia have a base in cuba and see how far that gets them. there wasn’t a need to put ukraine in nato as nato by design is an anti russian organization
yeah right, it is not russia's problem if any independent nation decides to join nato.
no you don’t history. nato is forcing russias hand. if ukraine joins nato russia would be unable ensure its sovereignty. if nato would just deny ukraine membership this probably could’ve been avoided.
if only it was as clear cut as west good russia and east bad. lol.
of course ‘nato’ never invaded another country. it’s an alliance. countries in that alliance have invaded non nato countries. where the fuck did palestine go?
even after agreeing to not invade ukraine, russia did it…
my bad but no i didn’t sense it
i can agree with this for sure. it does not make the person less of a sheep though
yea this sub about crypto currency feels like a weird group of people to hurl that accusation at, but maybe there are comments you're seeing that i'm not that you're responding to. from what i am seeing, no one in this thread at least has said anything remotely close to deserving a comment like yours, but like i said maybe you're reacting to comments elsewhere in this sub, but that would still be weird to not respond to those directly
no you’re talking about illegal immigrants
most of them are racist themselves, that is why they are choosing to criticise someone doing good deeds.
do you know that he has never expressed concern for victims of war before now? this is such a weird take. so does that mean that you do not care? where is your statement on all of the people suffering from war? i just looked back at your reddit activity and there is nothing. i guess if you would have cared you would have done it already.
of course, but that doesn’t justify the general consensus that russia is bad. putin is bad. people who support him are bad. russians are people like you and me.
“democratically elected”, you mean the putin stooge that was installed after the widely known rigged election, along with kidnapping of political opponents?
that's how the war actually began, russia claiming that their two cities has high russian population and trying to annexe it.
no, it hasn’t. name one scenario in your lifetime where a top 5 military invaded a democratic country with heavy armor.
i agree with that, ukrainians are really suffering right now.
fuck black lives matter lmaooo
damn that just made me shock, did he really meant that?
and do you honestly think there is a 0% chance of america getting involved? we were pretty intent on not getting involved in the world war 1 and 2 as well.
i'm not saying some people do not judge other people based on their color. but like i already said, it is a major conflict in europe. you expect that it gets the same attention as the 50+ year conflict in israel? or the thousands time the middle east has a conflict? i'm not proud of it as a human being, but we got used to those conflict zones. it's not news anymore, it is in the name, news. that's why i find it ridiculous that some people think it has to do with color. this is on our own continent, of course we care more about this. it's also russia, who has nukes, of course we're worried. weigh the race and local impact and logic will tell you why this conflict is broader in the news. it's not that we do not care about other people... but yes if my neighbors house is on fire i care more about it than a house across the planet. especially because that fire can spread to mine. people who are so much in the color-blaming bubble are part of the problem if you ask me. the more we bring it up, the more it becomes part of our thinking. like morgan freeman once said, "let us stop calling me a black man and i'll stop you calling a white man. i do not need black history month." and about personal experience, yes, i see racism getting worse the more people talk about it and make these difference known and stronger.
also, that person should go and look at how the "poor ukrainians" are treating the thousands of nigerian students that are stranded in their country. if we tell them, they would not believe it, but it is there. i hope they go look. they were told that they had to wait for ukrainians to get out first and one lady said she was told that "blacks should walk" if they want out. it seems poland will let them in but ukraine would not let them out. go figure. color is only important when one is seen as all important and others seen as not human. thank you scmachado! i appreciate you so much!! my whole life has been full of people like this. it does not affect them so it is not real. and as long as they turn a blind eye whenever one of theirs dehumanizes us, it makes it real hard to "not lose your religion" and give a shite when they do it to each other. all my life i've heard the bs that there is more "black on black" crime than any white on black. put and keep a lot of poor uneducated people in cramped, decaying spaces and ... duh. but how do they excuse this? prosperous white people destroying other prosperous white people? the hypocrisy floors me. i feel strongly for the innocents in ukraine, but it is kind of tempered with how they are willing to climb out over the heads of young blacks students they once welcomed to their country.
that's your argument? it has to be about race? good job on focusing on what sets us apart rather than unites us. focus on race and people will see the difference more. talk about human problems and we might point our fingers at the actual problems. such as poverty.
actually they. ukraine has a lot of resources that russia wants. that is why they are adamant about it not joining nato. they have tried to annex it a couple of times (think taiwan and hong kong and their relationship with china) even to the point of trying to starve the country to death to win their surrender. it is "popular" if you want to call it that because putin wants it and will destroy it to keep anyone else from getting it.
the vast majority of uighurs and other ethnic minorities targeted by the ccp are not terrorist, and the ccp’s techniques for “integration into society” is nothing short of ethnic cleansing.
are you trying to justify ethnic cleansing?
nah mate, generalising about an entire group is immoral and against site wide rules. you have not been banned i just removed your comment. i'm not saying you can say china has had terroris attacks, although that is hardly relevant on an eth sub, but saying because some people did something bad does not mean all the people in that ethnic group. or let me guess because white people had slaves back in the colonial days all white people are slavers? that's the reasoning you are using and is just called stereotyping.
protecting them by "reeducating" an *entire ethnic minority*? look up "due process" and "human rights". or just keep guzzling that ccp propaganda.
if he was a president of china, the first thing he will do is eliminate all the alleged terrorist organisations.
right, now imagine if fox news was, *by law*, the only source of information anyone was allowed, whether on television or internet. it would be crazy to think that 70% of people wouldn’t believe it at that point, simply because repeating a lie enough times makes the lie believable, no matter how outlanthish it is.
another 50% live in cnn. both side of the “news” are as bad.
fox news and cnn the worst possible media you can watch.
what is that parallel world saying about the war right now? (i’m not american, don’t watch american news so i’m curious)
35% with oversized influence
it's true but its not so hard to find restricted information on the internet. the hard part is believing the truth.
except that in russia, [it’s illegal to use software to circumvent state censorship]( however, per that article, “…*5 of the top 10 downloaded apps in the country last week were vpn apps*.” so people are seeking the truth, but it’s only really easily accesible to younger people. older generations are going to naturally be more resistant even if exposed to real news, because they’ve have had longer to steep in the propaganda. take for example, [this ukraine man’s russian father, who doesn’t even believe him.]( propaganda has to penetrate *deep* for you to believe state-sponsored media instead of your own son, living the events himself. edit: formatting, words
you see what lengths the us corporatocracy tries to do to thissuade citizens from "fact checking on the internet"? we're gaslit to no end for trying to use our brains and vilified and censored for reaching any conclusions that run counter to those if the corporatocratic media establishment. not many people keep their wits and stay true to their own truth through all the psy ops. how many people stuck to their guns about the iraq invasion being a bad idea and the wmd story being a psy op for manufacturing consent? imagine how much worse it must be in russia.
that's true, we can always do that. but you know people believe what they hear the most.
then, idk man. polls say a lot of crap. you can go and hate them all for all i care. i just wonder when you decided to stop hating people from afghanistan and iraq. was it once the news stopped telling us to hate them?
they choose putin because they do not have any other capable leader, they did not know that putin will invade russia.
true, there’s tons of propaganda being pushed by russia towards its citizens. listen, my bottom line is not that russia is necessarily good in this scenario. it’s that these are all banker wars for special interests of the elite, and whether or not russians are cheering putin on as he carries out destruction, they are caught up in wars of the elite. it’s the case right now with both ukraine and russia. all i’m trying to do is give a little perspective to an internet mob that seems to think it’s completely necessary to pick a side in this nonsense. my heart is heavy for ukraine, but it’s not like i see a brainwashed population of russia as people who are all foaming at the mouths for death and destruction. they’re people like everyone else in this world.
it seems you’ve made the perfect argument for why ukraine should be in nato. what better way to solve a problem of russian invasion than an anti-russian military alliance.
so did nato forcefully get inside ukraine and started building bases or what? it's clearly not the same. does russia have any organisation like nato, and will cuba even consider joining it?
but why is that? nato is not just an organisation of usa. it's a global organisation and ukraine being an independent nation has the right to join them.
if putin was a good leader who wanted the best for his people, this could have been avoided. but putin wants what’s best for putin, and he thinks what is best is power.
west is west. freeish markets, election accountability, and the closest thing we have to individual liberties outside going off the grid. russia is bad. oligarch manipulated markets, fraud elections, and basically a less influential ussr at this point trying to relive the 1984 glory days.
that was just a cheap ploy of russia, to make ukraine devoid of their nuclear power so to make them defenseless.
you said the right thing here mate, thanks for that.
they are not illegal immigrants there, do more research.
yeah we replaced a putin puppet with our own is that a slap across the face.
how non-white people fleeing ukraine are treated. would be good if you look up more details before going on a generalist argument that it’s not about white. oh i open my home to you, says a famous minister to ukraine. and the same had “my borders are closed for you non-white”... a few years ago... not taking away from ukraine and how they need support, but i hate people not recognising the skin color based approach. recognise it first, we can talk more later.
i think it’s super important to not create a narrative that’s purely good vs bad, people can be victims of one thing while being perpetrators of others. we all need to remember that deeply routed societal issues like racism, and xenophobia don’t thisappear because of war, they get deepened, and it takes talking about them, and actively educating ourselves to improve. which i really do hope it’s the outcome, how the media is focusing on the ukrainian war so much while bombing, invading and occupying other countries in africa. it’s a crazy obvious double standard that i really think we can change. 🤞🏼 no need to thank me i am because you are ❤️
not at all saying its just about race, but as i said denying its a factor is ignorant. your reply seems to suggest differences are inhernetly bad... id thisagree with that aswell, differences in our cultures. not sure where you were going with your poverty point...
if you want to support islamic jihathists, go to syria and join isis. i can care less for terrorists.
who are you king of reddit>? generalizing? yeh yall can generalize about putin, russia, venezuela, china, chinese people, mao, etc. there are no anti-stalin propaganda and lies on here. no lies by anyone ever. just me. make up bullshit and you mods put your stamp on approval. stop pretending like this is a moral thiscussion. you're just trying to censor opposing views. wtf does any of these comments have to do with eth. lol
this is not re-education, this is just raising up more people who will blindly believe in any propoganda.
look up salafi jihathism. we live in the real world. maybe uyghurs should not have set up terrorist training camps on the afghan border. the us signed a treaty with china regarding this very issue. but it is ok i know its hard for you to accept reality. the department of defense is cpc propaganda and you're a terrorist supporter. **today rally for jihad and tomorrow march for women's rights**
by using magic and pixie dust apparently.
hell, imagine if fox and cnn were in agreement, that would already be pretty bad. kinda like back when we got sold the iraq invasion. everyone who was questioning that was not a true patriot ™️ back then. tons of people went along with the manufacturing of their consent.
yes and this is what happens in russia on a daily basis? no wonder they keep electing putin.
scary thing is they are working on that. that is their goal.
yup, media is a powerful tool for mass manipulation. remember this:
there's no source of credible news other than seeing it via individuals on twitter, but who knows maybe twitter is also in the game.
thankfully for all of us, neither of these numbers is this high. cnn and co are dying long, slow, deserved deaths. regularly 10x more people listen to a comedian ufc commentator who rambles for three hours at a time than listen to the pundits at these outlets, if that is any indicator of public trust in the mainstream media.
you know cnn is conservative, right?
people are supporting ukraine all over the world but do not know why no country is taking a y step against russia.
that's good, russians are know to be tech savvy and i believe that they already have access to all this info.
this is why most days i conclude that i'm an anarchist. every fucking state apparatus that gets beyond a certain threshold of size and influence ends up becoming a corporate-media-government-military monolith serving only its own interests to the exclusion of its citizens. it's why we need crypto more than ever.
any of the fact check that we use might also be compromised and spreading false information. there's no way to confirm anything.
i never hated afghanistan and iraqi people, i hated the talibans and other regimes alike and those who support them. i do not care if someone is russian, i care if someone is pro genocide and pro putin
i do not think anyone hated the people who were forced to flee their own country.
the problem with russian elite is that they are elite because they support putin. supporting putin is the best interest of russian elite. and russian society, blinded by propaganda and dreaming about "russian world" domination, at least over former soviet republics. human rights, lives, any european values, are just garbage for them and their russian world where russians are dominating. russia is a huge cesspool. and they are trying to drag everyone around them into their shithole. this is russian world. and there is no "normal" russians. normal russians are not russians (russians call them "вырусь" (vyrus), "degenerative"). and it is not a conflict, because both russia and ukraine are multi-ethnical countries. this is conflict between civilizations, between freedom and total autocracy.
yup, this is fucked up. these people think that russia has right to invade ukraine, just because they decided to join an organisation.
in other terms, what better way to provoke russia into starting a war so they can play victims
what’s the best for his people? allowing an anti russia organization a foothold next door? remember the cuban missile crisis? did you watch the empire of lies speech or just the one line inside edition showed you?
tbh, putin wants the best of his nation, that is why he is invaded ukraine.
that's true man, i cannot believe that russians are electing the same leader from 15 years.
i feel sorry for those guys who lost their home and life.
i’m talking about the 2 million plus that came to the us last year. all illegal immigrants.
and the new leader had wide ukrainian support unlike their predecessor.
it happened, yes. but how does that relate to the coverage about this? because that is what people are bringing up here, that it is all about skin color. it's the largest conflict in europe since ww2... and then people say the coverage is about skin color. get real... it gets coverage because it is a big deal and europe does not have much conflict, if at all. so yeah, it is news. pure by definition. it's not news people are fighting in africa and the middle east. it sucks for sure and the eu is the largest aid provider in the world, but it is not news. we do care, it is just not news. it has *nothing* to do with skin color. those who bring up skin color at every turn are obsessed with racism in an unhealthy way and are not contributing to a solution at all.
it may be a factor, but it is insignificant. again, this could spark ww3 and it is a conflict in europe. yes, people in europe care more about this conflict than something around the world. bringing up color without anything backing it is just ridiculous. poverty is the problem. in fact relative poverty as well. immigrants often have a thisadvantage with language and education. hence their socioeconomic status is lower. low socioeconomic status is proven to increase the risk of health issues due to stress and bad nutrition. it also increases the likelihood of doing crime. thus seeing higher crime rates with certain minorities is not a race issues, it is poverty issue. in south africa there are rich black neighborhoods with poor white people. you see the same problems there as well. also within exclusively white neighborhoods where you have rich and poor people, like in the netherlands with polish immigrants. we tend to look at these problems from the outside. "oh these people must be born to be criminals" focusing on just the color, like you do. but the root cause is less out in the open. it's how our economy works. in the us you can see this contrast the most, because it is the most unequal country in the west. and thus you see the biggest tension between rich and poor, or you may argue with your color theory.
“if you love china so much, go help them kill hindu indians along the chinese-indian border.” that’s what you sound like. go away, chinese bot.
no i'm a mod for this sub, if you cannot follow a few basic rules on this sub that is on you. nah i'm not censoring anything, just removing a comment that breaks the rules. if you cannot see that your comment generalising an entire people as terrorists is wrong then i cannot help you.
dude i know what salafism is and i hate it. i find all religious intolerance and violence to be thispicable. and i'll go ahead and be un-pc and say that islam has a bigger problem with that in 2022 than most other world religions. and yeah some elements of the feminist movement are really confused when they fail to criticize the treatment of women in islamic cultures because of postmodernist cultural relativism. etc etc... i'm no defender of islamism. but i am a defender of human rights, and you're not even attempting to refute that an entire ethnic group is being oppressed and culturally genocided for the actions of the minority of extremists in their midst. you're tacitly ok with that. the idea of collective guilt based on ethnic identity has led to the worst atrocities in human history. that's not how your end terrorism. in fact it is a great way to inspire it. as a us citizen i can tell you my own government has motivated way more terrorism with their military misadventures in the middle east than they could ever have hoped to end.
it's so easy to manipulate the views of people, this is literally going to be the next thing over which war will break out.
so why would you think that youtube is a good source, maybe it is manipulated too?
yep, i think our generation has started to understand all the nonsense that is going on and this is great for a better future.
for the rest of the world outside of us, cnn is conservative and fox news is ultraconservative, like the democrats and republicans.
ah yes. both brilliant and an idiot at the same time
the people blaming biden for this war kill me. could he have done more? yes probably. but are we just going to ignore the investigations into russia interferring with previous elections that trump interfered with? the fact that trump was impeached for withholding millitary aid from ukraine? that fact that trump buddied up to putin and publicly stated that they would never invade ukraine and were not a threat? i'm no fan of biden, but i really do not think hes the one people should be blaming.
but i do not think that biden is responsible for this, of anyone.is truly responsible, that is nato.
we need more decentralisation so that only people could control what they want.
the write-ups on the internet that take on the moniker of "fact check" indeed almost invariably look suspiciously like propaganda for the ruling class.
you also curate your opinions on the russian people based off of what a poll told you.
but taliban was raised from afghanistan and other neighbouring countries only.
that explanation is too black and white for me to buy it completely. i believe there’s a lot of truth in there, but i also think there’s a good amount of generalizations being stated as facts. life, people, and humanity is much more nuanced than that explanation seems to allow.
provoke. as if between “let ukraine be a sovereign state in control of its own military policy” and “invade and conquer to install a puppet government” russia just has no choice huh?
ok, let us see if russia can even get a single nation who will actively fight from their side
nato didn’t invade georgia or ukraine. who did?
that will be a quite unlikely event, but the current sanctions they are facing is even worse.
im quite sure its not in any business man and in any mothers interest, to send 20 yo into a war that they werent prepared for. if thats your interest, go have fun being slaughtered by machine guns. nato is a defensive alliance, they would have never attacked russia.
is nato going to put nukes in ukraine? not a good comparison, and obviously shows a bias to an unnecessary war. we've all had enough war by now, have not we?
20 actually. and he came to power by burning down an apartment building
the threat of ww3 and biggest conflict in europe are important factors but colour and race are not insignificant. i have never said i focus only on colour. you seem obsessed with something youve made up about me. do you think that race? in my experience pay
you’re doing a great job don’t let the haters get to you
yeh yeh yeh yeh yeh this totally isnt an excuse to shut down an opinion you dont like. get to your safe space
lol, depends on the content, you have to be smart enough to sort it out. that koweit .
liberal vs conservative is the wrong axis to understand contemporary american politics i think. both are conservative to an outsider because neither will get behind populist economic policies like single-payer healthcare and overhauling education funding or democratic reforms like ranked ballots and proportional representation. they keep the populace thistracted with petty culture war issues that *look* like a conservative-liberal axis, with a vast gap between the extremes, but in reality have little or no effect on the wellbeing of most citizens, who care little for those issues and lie somewhere in the middle on most of them. and different parts of the media carry water for both parties, riling up their bases with thistracting emotional coverage of said issues that further polarize the extremes of each while everyone just keeps getting poorer except the oligarchs at the top who run the whole shit show.
the ukrainian citizens are just pawns to all these motherfuckers. don't get emotional when politicians, any politicians, use flowery language about freedom and democracy and human decency to motivate your support for their agendas. they all have an angle.
none of this makes sense, but i think putin only aggressed ukraine because they knew that us is not going to do anything about it.
a poll made by independent researchers, russian polls are completely made up probably.
i do not believe the polls, since it was old and it was regarding to choose the leader of russia, they weren't voting if putin should invade ukraine or not!
exactly man. looks like this guy is reading russian propoganda.
have you heard of brics? russia has plenty of support outside of the west
this!! i do not understand how people can be so naive thinking that a country joining nato is same as russia trying to annex a whole country.
the sanctions that are making americas middle class go broke? yea really hurting his people.
correct, this is not 1940s when usa was trying to set up bases all over the globe.
yea but the central bankers don’t print and control all the worlds fiat just yet.
if putin had some sense of security and trust on himself, he would have invaded a peaceful country.
and the fact that this could spark ww3 is of course insignificant. of course, the extra attention is about color...
> the threat of ww3 and biggest conflict in europe are important factors but colour and race are not insignificant. enlighten me, how significant is race here? people in europe cannot care more about a conflict on their own continent with possible major implications, without being called racist? systemic racism is indeed a fact, [this blog]( gives a great outline. it's a long read, i know. but i already gave the short version in my previous comment.
cheers, i'm not fussed about them, i've heard worse before and i see no reason to let someone rile me up.
i'm not gonna argue with you, you are clearly trolling at this point. stick to the sub and site rules and you are fine to comment and post here. don't stick to the rules and you are not. simple.
yes they both are conservative but i think that is only because most of the people of us share the same belief.
they did not want ukraine to join nato and thus be a threat to russia in long run. that's why.
or maybe, they always intended to invade ukraine because nato has been creeping up to their doorstep since it was established and trump let russia do whatever they wanted unchecked for 4 years while he benefited from their meddling in the elections. regardless of if russia directly wanted to help trump or not, it has been proven that they did interfere and trump really leaned in to the "you cannot trust the elections, or the media, or the education system" bullshit and built an entire cult around it. i'm not claiming that trump is to blame for the invasion. i'm only mocking the people blaming biden because if they really think an american president is the single cause of this, the previous one is a much more likely suspect.
ok, it’s time for you to get back to posting ukrainian flags on facebook.
there's an easy way, just do a poll using a decentralised voting mechanism.
i don’t believe the polls bc russia is a large country with tons of people. a poll doesn’t accurately account for all opinions.
no one would have had interest in attacking russia anyways, they have (maybe just propaganda, but who knows) a huge stock pile or nuclear missiles, i personally wouldnt have the balls to attack russia, even if i had all of nato on my side.
you didn’t respond to my question. you’re deflecting and trying to change the subject.
stop pretending like you care about the rules while ignoring the other 100 fake anti-russian comments on this post. you're mad i broke the narrative, saying something you have no counter to, so you want to bring out the rule book to win an argument. fake intellectual.
i do not think this is the case based on polling data and viewership rates for mainstream news sources. - cnn and even fox are losing viewers every year and joe rogan routinely gets an order of magnitude more viewers that some of their top pundits. note that he is not easily categorized into the current us left-right axis but rather an eclectic mish mash of economic progressivism mixed with first and second amendment support, a mixed take on environmental issues, etc etc. - approval ratings for congress routinely run under 30%. despite this, incumbents keep getting reelected because thistricts are gerrymandered, the radical ends of the base are more motivated to vote, and in most jurisdictions primaries are only open to the party in question, preventing the ability of the general populace to moderate each party's picks. this is why we desperately need electoral reforms like open primaries and ranked ballots. americans are hostage to their antiquated system of governance.
i volunteer, and go to protest along side with ukrainans and russians to try to make my representatives take action and sanction the russian regime, what exactly do you do?
yh but the pool of people needs to be representative, that automatically rules out anything made in the internet
you asked a stupid question. is nato going to put nuclear weapons in ukraine? probably. it’s a risk putin won’t take. what gives you insight to anything nato will and won’t do. nato by design is anti russia. they were originally only 12 nations now up to 30. had agreed they wouldn’t expand but they did anyway. nato aligned countries invade and occupy non nato countries all the time. i’m not saying it’s right what’s happening but to think it’s as clear cut as west good east bad is very narrow minded. do you think geo politics is transparent and honest?
nobody here is saying that racism is not a thing. i'm just saying that the reason this war has such a major impact on the west is because it simply does have a major impact on the west. it's not because these people are white. i'm sure we'll see the same response when taiwan.
that's good if you're from russia, you're doing a brave work.
i read polls and form opinions about living people based off of what the polls say
oh man, this looks quite concerning but this will never justify the killing of civilians and destroying the nation.
polls can be very useful to better understand what the domestic situation in russia is like and if the regime will be able to keep the war going. i form my opinion on people has i meet them, i never assume that anyone is pro putin, how many russian and ukrainian people do you know? stop suggesting that i do or do not do x or y, you do not know me. stop being chilthish
but on year 4 you get rich... hodling is always a winning play in the end.
take one for the team and keep selling lol
can you keep selling?
this is 100% my track record 🤣
i just sold all my crypto and bought a dog, because i can’t get enough of something crapping on my life.
haha i get it, it is a funny joke. but seriously, this is impossible if you held for 3 years...just saying.
i hover over the sell button and quickly click on buy, to trick the system,
back in the day i considered myself as one of those smart kids who just had not reached his potential, but crypto grabbed me by the balls and without hesitation said this is as good as it gets.
i just hodl and dca and then automatically gains follow
fomo buy the highs, panic sell the dump 🚀
this is sooooo true...
who the hell is actually making money am i right
4 year cycles my friend.
i need a shirt that says “holding it sideways”, sideways.
he sold. pamp it.
when you buy a coin with spare cash, it is much easier to keep it for a long time. you would not have to worry about how you'll live for the next four years since you'll be able to address all of your problems without having to touch that money.
i thought those rules just applied to me
let me know what crypto you thinking about selling so i can buy.
your next move so i can do the opposite mate
do the opposite of what you are thinking of doing at that moment... 😉
dollar cost averaging my friend…...
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [2fa]("last usage")two-factor authentication [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 3 acronyms.) ^([thread for this sub, first seen 6th jun 2021, 23:18]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
why dont you hold and buy when it’s low, do both
i always think that´s the time to buy and a few days later the price just keeps dropping massively but in the long term it will play out. just try to buy the dips and hold. there´s only one way and that´s going up.
if i wrote a autobiography
fuk, you described myself 😂
lmfao so instead i multstake with oro like a pro (only because it is easy) and watch my money come to me
damn... right in the feels
me all the time 🤣
buy and sell at the same time. problem solved
wow! and i thought it only happened to me!!!
you just gotta think about selling the coins you don’t have and then think about buying the coins you can’t afford.
that’s what happens to everything for me
lol, so dang true. the whales love us retards!😂
play the 24 hr to one week timeframe. look at fhe average, when it dips below a bit buy, when it goes above a bit, sell. don’t get greedy trying to time highs and lows perfectly. start dumping and start buying before most others.
or just buy and hodl
i threw in a bunch of money to lower my averages, so i’m breaking even on all my coins, and then those fuckers just trade sideways for what feels like forever, lol. i’d like to get some of that money back so i can buy a new bed. i don’t need a new bed. and i can tolerate having that money locked up for years. i just wanted a new bed. i just felt that instead of buying one — i threw my bed money into crypto >=(
so it’s not just me
stop buying people ! so it can go up according to the post
let me know what you’re going to do. i’m just asking for a friend
it’s not only about crypto
this is why you do not buy more than you can afford to lose and hold. it's really as simple as that if you believe in eth. if you do not believe in the future of eth then i have no idea when i would want to sell. i guess you gotta pick an exit point then.
the fucking weekends are the worst🥴
can you sell and think about it buying but never actually do it? thanks
crypto is a fickle mistress.
buy...hodl. then years and years later look at it. none of this should be approached as a slot machine for a "quick payout". in ten years, there might be no reasons to cash out back to fiat, it might just be a new financial system...
then...?we want to buy and hold hmny?we want to try to wakeup it?
and if this person used the dollar cost average method over that four years if would be very hard to *not* make a net gain.
paperhands. you are a paperhand.
ohhhh yea true though, it is accurate... thanks for this info, will keep this in mind.
i dipped my toes in in 2020; under . market stagnant. then boom at end of year! so in january 2021 piled in with , fomo. profit ! then a big scarey dip, sold off (didnt want to be left holding the bag ) with around 100. got fomo bought the rip sold the dip again. repeat repeat. thought finally ok i’mma definitely hodl from now on. ...then; end of bull cycle crash. sold off. currently holding about 500, negative profit. total profit made $-349. if i’d taken profits - sold the rips, bought the rips - would have made about . if i’d hodled from late jan would have made . it’s been emotional, time-consuming. futile enterprise. waiting for btc drop to 25k then i’ll invest a bit more, defo going to stock up on more eth than btc too. it’s a shame the market moves on tweets and now relies on institutional investment. friends who conveniently invested years ago talk of blockchain as some kind of utopian ideal...ed snowden says there is cause for concern regarding data privacy, crypto energy consumption is the same as a major country. hmm. the alts are basically a casino. eth btc and maybe ada could have a future. looks like the manipulative institutions pumped to dump the market this cycle, which is kind of thisappointing when back in the day it was more about the people maaan.
sine the day i entered i have never seen profit in my portfolio, every fuckingg coin is in loss but i just keep buying and hodling for a better day 🥲
suck it up and move on. or just spend the money to get a blow job.
the moral of the story? stop thinking and start doing. then let patience be your best friend.
so you have %100 hit rate. just counter-trade yourself. profit.
so true for my life as well
dollar cost average and live your life. no need to watch the price every day. you will go crazy
this was me years ago. now i just smile at a pump and look to buy more in massive dips to add to my bag.
i hold for another 10 years, i smile.
ftfy! i buy if it goes down... i buy if it goes up... i buy if it goes sideways...
i swear to god this is me
this was the outcome i got from trading with the not so helpful advice from cnbc and jim cramer. moved over to r’m up now!
this is sheep thinking and following the herd... if you can’t think for yourself, you don’t deserve gains!!!!
hodling 4+ years always pays off. easier said than done.
bitconnect holders just read your comment and breathed a sigh of relief.
diamond hands never regret
yes, hodling is a time tested strategy! this is because crypto has not reached its full potential yet!
if it’s all of us what gives
no after 3 years :d
no. nov 2017 - jan 20 2018 > nov 2020 - jan 2021.
lol does it work?
then that is what i am doing with my alts lately: fwt, reef, bmi, vet, plug, iost, icx and it is getting better and better. taking advantage of the market.
'you may have outsmarted me, but i outsmarted your outsmarting!'
can thee selleth and bethink about t buying but nev'r actually doth t? grant you mercy *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
so thee has't %100 hitteth rate. just counter-trade yourself. profit *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
especially when you go balls deep into crypto
that is what i always tell people when they get depressed because they fomo bought the top. i say “when in the history of crypto has holding for 5 years not been a better investment than almost anything?”
it’s pretty easy to hold for 4 years when financial freedom is the reward.
easy way to hodl? buy eth on an exchange, and then just delete the mobile app so you stop yourself from checking every two seconds lol. same idea with a hardware wallet. set and forget...
it's literally just waiting. if you cannot do that then you're just one of the cultists and should follow for trader insight. buy. don't sell. buy more. still do not sell. repeat. easier to do than it is to say because i only think about every other step.
yup! i have deep respect for those who held through the '17-'18 dip.
bitconnnnneeeecttt!!! takes me back...
if you held through the 17-18 dip, then you deserve it, yes.
i am waiting for the dips to buy, not fomo-ing right now since i see a correction round the corner. we are already overstretched overall all so need to cool-off before the next leg up.1
bitcoin literally is below
it's been under 40k for a while
nov 2017-jan2018 is greater than 3 years ago. math is important.
for some of us that awfully deep
well... lots of coins have fallen and never recovered. i’ve invested in a lot myself. no one coin is immune.
exactly. you'll be in green at some point. the question is just how long you will have to hold. with eth2.0, eip1559 etc. etc. coming up, i do not think it will take ages.
man, i dream of that every day.
might as well stake too if hodling, forced to hold and earn 6%
one year later the exchange owner is nowhere to be found, and so is the mobile app and your money. always hodl in a wallet you control. if you want to then lock it up in a cold wallet and inside a safe.
just don’t forget the password lol
i held because it was worthless to sell it i didn’t have much though. spent more on drinks and dinner in ‘17
i’m saying nov 2017 was worth more than nov 2020. and jan 2018 was worth more than jan 2021. maybe you should check your math.
>m have you heard of the new coin, ejaculationspaceship looks promising long term, i might go all in.
yeah its a winning play if you have an established good coin like eth btc ada poly and a handful of others id probably include doge as well because it may be a meme coin but its the og meme coin.
you cannot sell if you *literally cannot sell!*
you need 32 eth to stake though
all my crypto apps use face id + non-sms 2fa. also, my portfolio is split in half via a software and hardware wallet. multiple hidden locations of the seeds too. if i lose one, i know for a fact i’ll atleast have half my portfolio somewhere. some people put 100% of their holdings in a hardware wallet but i’m not gonna take that chance.
you got access to a time machine or some shit? it's june 6, 2021 smart guy. 3 years ago was june 6, 2018. if you bought anytime on june 6 in 2018, and held for 3 years, you'd be up a lot today regardless of the swings. if you are going back and choosing any 3 year period now is just stupid.
heard it comes at light speed
i only stake about 30% of my eth, since it may be locked up quite a while and i keep the rest in interest accounts can withdraw or sell if needed for whatever reason. for example i may want to sell a couple coins at 5k, 7.5k etc very gradual milestones for profit
no, you can join a staking pool if you have less than 32 eth
32 eth is the requirement to become a full validator node. as others have already mentioned you can stake any amount of eth (well, different platforms may have different minimums).
i agree that it is smart to spread out.
we don’t know when op bought and sold. and we absolutely don’t know what the price will be in three years.
wow, you got called out for being stupid and you're just doubling-down! you replied to a very specific comment and you were wrong. stop posting unless you're going to apologise.
that was me in high school.
missed the joke i see. 😂
sounds like a solid plan, yes.
yea i just use kraken gives safest option with lower fees than coinbase
it's a tweet, all tweets have time stamps. but it is clearly cropped out on purpose. i even said i get the joke, it is funny, but simply pointing out the fact that the 3 year part of the joke is impossible if we're going based on today. you're just picking some arbitrary 3 year period. that is not what is gleaned from this post...moving on because you're just being a dumbass.
that was me in high school too. it still is me…but it was me in high school also.
i think you missed the joke
and your funds are even insured. rocketpool will launch soon and be pretty cool imo
ahh, the enlightened response.
the real friends were the jokes we missed along the way.
[tip this post any amount of ]( (by [6:19pm utc]( to keep it visible.
lmao i literally never knew this gif actually had an ending!
this post deserves an award for finally showing us how this gif ends.
it’s just extremely funny how many people are relieved by a truck crashing lmao
it seems like yesterday that we were celebrating 2k
so satisfying, almost came
i bought a half of a bitcoin and 10 eth coins right before the last crash in 2018 and figured i’m all in now because the value was reduced by 66% and i wasn’t gonna take that kind of loss… fast forward to today and my eth is worth more then my btc, thank god foe hodl…
you cannot park there! 10k 🚀
😭😭😭 i do not sell my ethereum. i buy ethereum at every ath. i hold ethereum. hold strong. ethereum 50k to saturn
i keep forgetting it’s 4k usd, and i’m here seeing it almost hit 5k cad confused out of my mind
holy shit ive been waiting to see this truck crash for at least 5 months. op you a an amazing person. may your portfolio only see pumps 📈
wtf had this gif hiding from us until now
have a 10k one on standby
[mp4 link]( --- this mp4 version is 96.29% smaller than the gif (231.67 kb vs 6.11 mb). --- *beep, i'm a bot.* [faq]([author]([source](v1.1.2
when you're bored of celebrating ath after ath then again an ath
it's insane from 150 to 4000. now can we get 2.0, please? the gas fees are still too damn high. ⛽
eth hit 5k here in canada!
can we dip now? i need to buy back in lol. my dumb ass sold half my bag at 3300 and the other half at 3900 and am now on the sidelines feeling like a cuck watching it rise without me.
satisfying!! it was killing me to never see the ending!! 😀
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 26 acronyms.) ^([thread for this sub, first seen 10th may 2021, 15:18]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
realistically when do you think the growth will slow down? i want to go all in especially with how shitty doge and alt coins have been for me.
most satisfying post of the year on reddit.
lol this is the first time seeing the end to this truck looping 😂😂
thank you, i feel like i finally got a sneeze out
oh, what happened to the driver?
yess! we hit it!
it’s like finally being able to sneeze!
been waiting for this for ages
i have been waiting for this video my whole life
i didn’t realize the truck actually did hit the post... i’m shocked. take my upvote.
ahhh my brain is now relieved.
i’m actually more amazed by the fact that the truck didn’t not pass go and did not collect .
this is actually funny lol
my life is complete
the truck finally hit!!! i’m sooo happy. 😭😭😭
finally!!! i've never seen how this gif ends. i'm almost as excited seeing this as i am about eth hitting 4k 😅
now it should go down so i can buy more 🥲
but... it didnt stop
u[tipped]( you 10.0 donut!
i wanted to see the end of that gif
i can honestly say i did not think i would ever see this... gif end
there you go, you ruined the meme
i saw it coming
i was wait this more than everithing😻😻😻😻😻
i have seen this gif hundreds of times, i did not realize it had an ending! yay! 4k!
he did! actually never senza the end of this till now
i don’t think i ever seen the full clip of this. getting the 4k hit is like magic. amazing ✨
lol thanks for posting it after [this]( had to see it happen :) now we need a new truck for
eth ath same difference 😎
i have seen this gift for over 5+ years, and today i finally see the crash.
are we thinking a correction here soon? not trying to be negative!
half way to the moon
i laughed so hard at this
yes!!! it finally hit the barrier!
this is so satisfying omg
this is the closure i’ve needed all my life
someone make a gif with a bunch of eth coins spilling out at the end!
hah, don’t think anybody asked if the driver is ok. never saw the ending either.
it finally crashed!!! yessssss
super random, but if i buy more eth, would not that reduce my gains?
ahhhhh finally i came
i fucking yelled out loud when i saw the truck actually crash, holy shit.
god bless you for finally showing us the ending….lol
ah that was so satisfying after years of seeing the looping one. i feel like i just pulled one of those brain touching boogers out of my nose and i can breathe again!
i can not thank you enough for this!
why didnt i buy more!!!!!! i get on my own nerves. woosah
that seriously startled me when it hit! i've been so conditioned to watching it drive towards that pole over and over and over and over
saturday purchased 20k more eth! awesome!!! to the moon!!
i feel like this should terrify us, not be cause for celebration. especially since all of this has come while bitcoin has stagnated. this is exactly the january 2018 scenario all over. we have followed the exact same progression and are now almost exactly at the same ratio as when everything collapsed last time.
there was a truck, and after there was no truck anymore ... the end
oh what the fuck this actually through me off really bad
at first i thought it was the same gif haha but this one feels satisfying
damnit that felt good
seeing the end of this is so satisfying lmao
we finally made it ladies and gentlemen
it’s all coming together
finally... i’ve been waiting for the end of this friggin clip!! oh yea, and eth hit 4k👏
finally seeing that goddamn truck crash was probably more satisfying that crossing 4k. congrats to all the hodlers!
now we were so used to it not crashing that it caught me off guard
i’ve never seen the ending of this... i wish i saw it at 10k though. so if you could post again at 10k i would appreciate it
and that was my set sell limit. made 25%. time to buy doge.
just to think this was . three hundred and fifty two dollars literally 9 months ago.
wow so this is how it ended... thank you op
after all these years... i can rest my eyes now
about time for a healthy correction.
wait for it …
so in this story is the truck eth, or the obstacle eth?
you son of a bitch you finally did it
this fucking truck again...
and back down to 3.6!
beep beep bitches! get ready 10k here we come!! 🚛
honestly i didn’t even know this video had a fucking ending.
my first time seeing how this video ends. i can die now.
this made me smile :)
so so so satisfying
never thought i'd see this day, the day the freaking truck finally crashes. so what do we do now?
finally? bunch of bozos ! hit 4k in a blink of an eye man !
bro what is going on!!! i don’t check for one day and it hits 4200
should i stake my eth with coinbase 6% or is there a higher yield elsewhere?
holy shit, i've never actually seen the end of this video. that was receiving af.
back in 2019 i bought . now that same amount is worth a grand, and i'm really wishing i had bought more.
yo if the thing you hit does not kill you the cargo your carrying will. thank god im not a truck driver and now will never be.
so satisfying to see this finally happen. while others head for the moon, we head to mars
i can now sleep tonight.
jinxed! 🥴 patience is the key here!
we are going to the moon 🚀
where is the sequel? 🤣
time to go to stables before the truck crashes. looking at taking profit here to enter stables with yield, hopefully buy the buttom of the next retrace if timed right. it has been a great run these past day wouldnt be suprised to see eth slow down a little. profits from the past 2 months in eth are now safely afloat in ndau with 15% apy, ready to make a move if we see the 3400-3600 range.
thank you i saw this meme and it did not hit i was going insane but now i'm complete
knew this was coming. p.m for signals and trading.
that's exactly what happens when a bug hits your windshield...
lol the fuck does it have to do with this gif??? looks more like doge's ride the past week if you ask me!
feel a little more completed now, thank you
aaaaaaaand it is down.
it hit 4k way too fast in my opinion. i’m tempted to sell and buy back after it dips, but i’ll probably just keep hodling .
one curious question: who made this video and what’s its purpose? 😂😂😂 why one small lamppost can stop a truck?
i feel as though a significant part of my life is complete and i can move on from the void that gif left in my soul.
seriously! i’ve never seen the ending for this
yes. but let us hope it is not indicative of eth's growth...
really man. it was like having a sneeze and not able to actually sneeze
plot twist. the ending is higher than 10k. it just keeps going and going and going
i did not even think this existed
i had never even seen it!
lol, the initial gif was a lil bit annoying as i wanted to see the ending.
and the legend of the truck never hitting the post died
i was going to say i have been waiting a couple years to see if there was an end to this!!
i thought it might never happen. finally! (the truck, not eth 😉)
what other outcome would it be though? i guess it is good to actually see the thismantled truck from the crash
the ending we needed.
here, take an award you too for saying what we all think.
i feel so overwhelmingly satisfied!
gifs don’t end 😉
they were waiting for eth to hit 4k before releasing the ending
you have no idea!
it's a truck leaving the border prob over loaded
i remember it like yesterday. laying in bed watching the one minute candles. showing my husband as it hit 2001. slept like a baby
it is been like a month lmao
wasn't it yesterday we were celebrating 2k? it seems that if a day or two goes by without hitting a new ath i start to get anxious. the gains have been awesome!
you think that is bad, in england it is so close to 3k it is agonising and you lot are out here celebrating 4 and 5k!
a little or a latte?
i mean there is bits being done here and there for ether and the community which will help, plus the 2.0 proof of stake in june(when ever it is, i cannot remember off the top of my head) which will probably spike it again. but there will also be corrections inevitably... the answer is no one really knows because if we did we'd be rich af. this is not financial advice, i'm holding till 10k and then i'll probs take some profits to cover costs and leave a little in incase it continues past the moon i guess
crash test dummies are used to the abuse.
staking and institutional buy in makes this a different beast. just my opinion.
in earnest i didn’t coequal knoweth this video hadst a fucking ending *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
this is the same dude who said bitcoin was pointless and had no value a year ago... for a bank manager he is been wrong about money more than once 🤣
agreed. a nice calm came over me watching that truck get destroyed.
me neither! first time seeing!
me neither! i am so happy! i can finally die in peace
op bought a truck similar to the one in the old loop especially to crash it for us. so generous.
not a chance! eth will rule.
its not, the dirt actually keeps going to the international space station before floating off into the cosmos.
it's just one of our many rewards for owning eth.
the majority of the population seems to misuse memes. eth is coming to a grinding halt apparently
irritates the fuck out of me that everything is in dollars ahaha
it's big in japan...
like fucking finally. i feel so god damn relieved
same lmao, unexpected satisfaction
aaaaandd it is gone
i think so too. cheers brother.
for real! caught me off guard lol
it was a premonition meme. i did not realize. lol. my bad
soon everything will all be in eth
no doubt. not me though.
"1 eth finally hit 1 eth!"
are you in us? haven’t quite hit 1 eth with my 1 eth yet over here
lmao. take a my free award.
i don’t need a billionaire to guide me through bad trades, i can already do that on my own.
so wait. if he is rich and he is telling us not to follow rich people's tweets, that means we should follow rich people's tweets. so should we follow rich people tweets or no???
i know zero rich people who thisclose the ways they became rich. for the millions who get burned from elon, there is at least thousands who make bank off of his dumb tweets.
i’m trying to understand why i keep seeing his tweets in here. i’m no eth maxi but cz openly talks trash about eth and owns over 40% of the bnb supply 🙃🤔
that's why i listen to poor people's tweets so i still lose money but do not get called a sheep on top of it.
yeah, generally, rich people does not want others to be rich.
i am the exception
as much as i do not care for bsc. his tweets are becoming really based.
cz been roasting musk. funny af.
i also know zero rich people
would that include this one, so can i take advice from twitter?
the majority of rich people work there greedy and no they manipulate tweets, the news , and stocks that’s what rich people do. fuck there tweets what buy bitcoin when it’s going down , kramer buy rmo, ciic, you make a ton shorting shot advice wait there are more stocks to steal your fuckn money stick to the apes baby this community works.
i know zero rich people who share the secrets behind their success.
now... is he rich? ... should anyone listen to him... ? asking the real questions here because i am poor.
this is the essence of elonism
ie: stop listening to elon’s dumb ass... 🤦🏼‍♂️
having knowledge about your own investments is the most powerful thing that an investor can have. this gives them the conviction to make their own decisions based upon their knowledge
this dudes a twat take this down
i know zero rich people.
makes me nervous when cz starts sounding reasonable.
dogecoin for the win 🥇
the irony of this is palpable
says another rich person...
once the secret is out, it is not a secret.
i am sure there are quite a few doge investors out there who think different unfortunately.
counterpoint: 🌗many people got rich off meme stocks after following on twitter 🌓
i guess you missed gme story !!!
ya fuck him just block this dimwit elon...a marketing
this sleazebag keeps shilling bnb and shitting on eth and a number of his tweets. how about that? such hypocrisy.
i know zero people that benefitted from your tweets. let that sink in.
quoting cz on an ethtrader reddit, you got heart kid, i give you dat (btw eth is my fav crypto im just being a george).
i do man. for reals
confused. am i supposed to ignore this advise then?
until this guy made it a paradox, amiright?
real words from one of the big brains in the crypto space. afaik, due deligence is paramount before investing in the space even if it is low capped crypto like udo or spdr you still have to check into the token utilities
just came here to say, fuck you elon . peace out.
but cz is also a billionaire 😆
is elon stepping down as the ceo of bitcoin? oh wait there is no ceo, forget that clown.
you spelled “asshole” incorrectly in the tweet
lies rich people know lots of rich people. rarely do rich people hang out with normal people so cz just spitting nonsense.
i would include cz in that.
yeh, you become rich by holding my 1000ada. -_-
should i avoid this advice since it is a tweet?
isn’t this post self refuting?
he forgot to add "not financial advise"
i do not like cz, but here he is totally right.
i don’t need to understand shit
i know quite a few that have...
so the conclusion is to follow ordinary people’s tweets!
right?? you can’t have these decentralized world changing cryptocurrencies that crash based on one persons tweet. if that’s the case let’s just go back to our own countries inflated fiat currency and keep praying that we win the lotto one day.
he means don’t listen to him
a rich person don’t want a normal person getting rich. until the apes take over the rich scale
i know zero rich people
does that mean we should ignore this tweet? 🤔
if you follow the advice of this tweet, then it will cancel itself out, thus becoming a paradox. cz is a rich person. this post is (not financial) advice
then why should we listen to this guy and his tweets?? 🤔
i can’t say it enough...fuck off cz!!!
except this one? lol
i am one actually, elon has pulled me from 40k to 2.9m
this is dumb. there are countless examples of people following mentorship and advice to find riches.
elon is going to make his own crypto. i would bet a lot of money on this. he sees crypto as the future and has the largest ego on earth.
this is what i don’t like. elon tweets shit as usual and markets are in red now. we should still try to ignore him and carry on with our works. not like ceo of biggest exchange tweets on the same. it’s true elon is bad but this just gives him extra power
there is a literally a group of musk millionares, that became millionares from following him. so go pedal your bullshit elsewhere. you're just jealous.
dogecoin millionaires, they are around
really?, there are a lot of cripto millionaires now days.
rich or poor people tweets just do your own research. we learn through experiment
does that mean us broke folk shouldnt follow the advice of millionaires? or just that we shouldnt base decisions on impulse based on social media?
“this is precisely why i have always failed where others had succeeded” - inspector clouseau
he says this, then shills his own coin every ten minutes.
dogecoin holders will thisagree. it is easier to complain about rain when you live in solidified concrete structure than for someone living in a house with temporary roof. cz's tweets reeks of privilege and i find him dumb most of the time. there are thousands of doge holders who bought in btwn .002 - .07 and look where they are now due to another ignorant billionaires tweets. throwing a shade at elon would not make you better than him cz when you're also a millionaire and on course to become billionaire.
elon musk's family built his wealth on exploiting impoverished people in south africa. they used apartheid to their advantage. now, he is using tax money to build his fortune. he's a welfare queen, never worked a single day in his life and he is not even a good buisness man. he's just fortunate he has the money to hire smarter people.
but he is also rich, what do i do now?
that means he doesn’t know anyone that got rich because of one of elon’s tweets. there’s prob plenty…
let those paper hands panic to those tweets. it's just noise.
not even one. they just put their heads down and make the money.
some "got" rich during volatility times today miners and stackers are cheering rich-ego tweets
i don’t know them either however so many people have become better off and even millionaires by believing and following ellons tweets may need to revisit your statement
stopped reading after i know zero rich people. i can relate.
lol... deepfuckingvalue anyone?? millionaires were made by following this dudes posts. his tweets started the whole movement. he’s now worth over . don’t act like rich guys using the internet is useless... you’re just not following the right rich guys ;)
so we should listen to a rich person's tweet saying do not listen to other rich people's tweets? tweetception? my brain cannot handle this
let also sink that you never gonna make money unless you focus on your own decisions and analyze others people decisions just to improve yours (not copy)
false. i know a few that made over a million in doge on the musk tweet.
most of the people are stupid, always need someone to show them the path. they will not educate themselves. they’ll follow their ‘gurus’ no matter what
this is kind of paradoxal no?
is this about musk?...
don’t sell just hold be rich without getting too old
i'm gonna become rich by listening to this billionaires tweet by not listening to billionaires tweets
if they could read, they would be so upset after reading this
i know zero rich people. let that sink in.
maybe because people like him dont know anybody thats not rich?
things have changed a lot in the last 20 years .
you know zero people. i let it sink
i think cz made this tweet according to some other persons tweet 🤔
" buy my shit coins" -cz
the hypocrisy in this advise based tweet is funny
i know zero rich people who became rich by being lazy
soooo we should follow poor peoples tweets? i’m not following lol. get it?! maybe he’s referring to elon musketeer 🐒
first time for everything
u u r kiiling our . shut the fck up and let us enjoy the ride
i live in east cleveland and know no rich people... let that sink in
false , it is called by the rumor sell the news elon on snl was a perfect example . that was a great opportunity to ride the wave .
well, it the start of something new.
this guy must be trolling, no way he’s not woke enough to see the irony in this tweet.
so i’m gonna listen to this billionaire and ignore the other. foh
funny i know 10 people that did. let that sink in.
do not listen to anyone or any bullshit that elon streets. do your research and even if you are wrong and lose all the money. so what?
lol depends but having it as a main strategy is foolish
if you send me 1 eth i’ll send you 0 eth
so you buy high and sell low?
there's always room for improvement 😏
billionaire can teach us to buy higher and sell even lower!
yeah, do not let them affect your yolos
can i do bad all by myself! 😤
really thought something along this lines would be the top comment lol
what you have to understand is that ***all*** generalizations are wrong.
the paradox of rich people’s tweets! 😹
follow poor people’s tweets! i give great advice, and don’t follow up myself. and when i do, it’s fucked. do as i say, not as i do! have been spot on a lot lately when people have asked about stocks and crypto. but completely raped when i’ve put my money where my mouth is. maybe i’m over thinking it when i actually pull out my wallet? 🤷🏽‍♂️🤦🏽‍♂️
yes, plus he is a scammer himself.
confused, entered infinite loop😵
it’s not not opposite day?
and there we have it. problem solved
i can name you one: jeff bezos. if you look up the history of amazon he straight up says, there’s nothing i’m doing that’s not copyable. i’m just the first guy trying to build a big e commerce store, and i’m banking on the importance of building this brand, early, to make amazon a success. then he just kinda did standard things, well. using a small amount of venture capital (by today’s standards). there’s not always a “trick.” sometimes you just have a good, common-sensical plan and you execute it. it was good enough for amazon, after all.
well said, sad but true!
i mean, he literally tweeted "one word: doge" right at the start of this pump when doge was half a cent. if that is not a signal, i do not know what is. i'm sure plenty got rich off it, but they definitely do not advertise it.
i did. i do every time. his tweets are predictable, the results are predictable. why are so many people falling for it?
true. there are probably even professional traders who made money shorting when elon tweeted badly about bitcoin.
but and hold eth. now you know one.
not true. warren buffet described how he did it, wasn’t value investing at first though.
uh. you don’t know many rich ppl then…
what? there are a million books written by and about rich people about how they became rich. knowing how to make money is not the thing that makes you rich. here - start a business and then sell it to facebook for 1b dollars. why are not you rich yet?
> i know zero rich people who thisclose the ways they became rich. because a large part of that is always luck (but you need to take a risk to get lucky).
also runs one of the largest exchanges.
plus his name is cubic zirconia.
he does have a point about eth. fees are atrocious. edit: oops my bad. fees are the best they have ever been! :)
quick question: do the poor people put, "not a financial advice" at the end of their tweets?
this is wise. now listen to my advice. dump all your money into 10 random coins flipping a coin, then check 5 years later. take a loan to keep on adding. let's see if my poor advice works.
wise tweet from copy-paste man
great, now the secret's out.
your rich friends tell you that?
that's it! it's a "dog-eat-dog" world.
i mean everybody's doing it lol
real problem isn’t rich vs poor, it’s the complete lack of a level playing field.
i know zero rich people in general.
rich people like to pretend success is a result of hard work and big brains. i mean, that is definitely part of it but they tend not to attribute random dumb luck to it as much as they should. survivorship bias.
anyone who says “let that sink in” …is a twat.
sam hyde hath used to bid his critics to buyeth ethereum at which hour t wast ~ *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i thought i am the only one who thought that lol
yes, i am the captain 👩‍✈️ of my sinking ship
you an arab prince?
this comment to the moon!!!!!
to paraphrase benjamin cowen "all generalizations are wrong. some are useful"
you mean like all all... or just some all... 🤔
right, but aws is a genuine innovation... and perhaps 1-click buy, same day delivery and other things are game changers.
but being the first, or timing, is fundamentally vital for something like aws. or the first major rendition and upgrade
really? i had no clue 😆
yeah people do not love him, but he is kind of a big deal and will obviously big crypto up in general and bash people creating fud.
"you're gonna die one day, here's a holy book that'll teach you how to overcome it in afterlife". as if bsc and bnb were a good solution in the world of crypto. i'm the first to criticize eth, but binance is a much worse evil to crypto technology.
i've never seen a rich person do it so i assume it is a poor people thing to be afraid of things backfiring.
fuck that little bitch-boy cz
now that song is stuck in my head
it’s very condescending really.
my course should be launching next week. it’s called ‘how to turn ’
are you a journalist?
i mean literally ***every single*** generalization is incorrect. what don’t you understand about that?
i remember hearing, on a podcast, the idea that aws came from a corporate culture of making internal products public facing as much as possible. i think it would have been the stratechery podcast.
being the first to start aws was an emergent property, you could say, of being the first big e-commerce store, his original plan. famously, aws was started when someone at amazon noticed their servers were sitting idle at non-peak times, and said, let’s sell this capacity. amazon ran on aws, pretty much, before it was “productized” and sold. or, put another way, aws launched as the e-commerce infra amazon ran on, peddled as yet another e-commerce product.
cz literally puts "nor financial advice" in his tweets
i'm guessing less than you. not sure if this the right estimate.
after that i will take profit and my dad rekt lol
yah, but you staked it so it will be worth .11 in a couple years.
is the cost ?
i do it that in a second lol
haha... just tweakin ya panties... but seriously, you just generalized generalizations. contradictory?
i remember reading an interview (i believe) where he said i just want to make an everything store. idc wys... fucking genius!
aws was born out of necessity from amazon. they needed to scale their infrastructure to scale which always comes the question "how much do we buy". the original question was to balance the future need with the cost of unused hardware and balance it out. couple of guys at amazon had the idea that instead of doing that. they could bug everything they needed for the next 5 years. and when confronted with "what do we do with all the unused stuff from year 0 to 5? they said they would rent it out. amazon had a program where if you have these kinds of ideas you could create a business plan and if it met certain criteria it would scale all the way to bezos. they did, it did, he read and liked it and amazon elastic compute cloud was born. that became aws.
yup. play some old school snoop dog! lol
no, no, no. you misunderstand what i’m saying... only a sith deals in absolutes.
pass the blunt already...
are all people who deal in absolutes siths?
buy the fear, sell the hype
i think history will show this to be a smart move.
great move! you're not alone - plenty of people in this sub had doge as their entry into crypto before doing some research and thiscovering all that is great about eth!
you put your money in a project that is gonna explode not because of baseless hype, but hype that goes hand in hand with the ground breaking technology the project provides. congrats on your investment.
i did the same thing about a month ago. it has considerably reduced my level of stress now that i’m not checking to see if the coin is crashing every ten minutes.
i was pondering trading for eth my 4 doge i got from reddit tips back in 2018, but this post made me finally pull the trigger.
waiting to see if the price goes up in a few weeks. but, i'll be doing the same thing.
can’t wait to trade my mally to eth once it explodes!! i’m so hyped to have a full eth
been done that as well lol
smart buying the dip
lol just in time for the big dip!!!
with all the terher news floating around it’s likely a good time to dollar cost average. i doubt this lasts too long but i’m sure we will see more pressure to the downside for most coins. while it’s not fun seeing my unrealized gains become smaller unrealized gains i think we need some of the challenging news to take some froth off this market. make no doubt about it, crypto and blockchain capabilities are only going to strengthen over time. but a healthy market has pull backs and while i hate to say it we kind of need it. the faster things go parabolic then harder it hurts on the way down. buckle up and hold and take time to buy a bit more.
😂 lets convert them to ada next week
unfortunately i did that a year ago
want to start swapping but hate that it is a taxable event!
were you tempted to hold on until doge gets on coinbase?
perfect day for that too, congrats, i think you made the right move
i don’t get what that has to do with growing up. i was never into crypto but doge is what got me into crypto and a couple days into research i decided to invest in ethereum too. i’m holding both rn
bah gawd youve done it ...
mistakes was made in the process ****
nice move! not financial advice, but way more stable and going to be much more profitable in the long run.
why didnt you sell doge when it hit .70
fuck elon and fuck doge
you swapped it at a pretty shitty time
dummy with a capital d
either one is a good bet at the moment.
just know you will owe taxes on any money you made on doge, be smart. 👍
kick yourself in the ass
thats how we roll mate
look at my boy all grown up!
you're gonna make it
🤣 well i am buying the dips. i believe in the power of 100m single contribution of .5b of it. dogecoin is here to stay 121k coin later
does person want a cookie for letting the world know?
congrats on the gains and welcome to . in the long-term, i think your decision will not thisappoint you.
congrats. one of us.
you will be very pleased that you made this decision in the long run. congrats on the gains
you should’ve kept some dogecoin. i did that, and would you imagine my surprise? still. congrats on getting some eth!
at least you now hold something that’s not trash
welcome to the adult world
how much fee did they charge you cause i want to do the same.
nice move , shabatsky
god i envy you but i would have kept some doge. congrats op.
all your doge? to each their own i guess...
gonna be upset when doge hits
bold move, you’ll regret doing that so early when doge gets to a dollar or two...
ada is a smarter investment 🤣
wait until this guy finds out about cardano 👀
lmao the lack of thought put into this, shameful. just buy more why sell either when they are both gonna make a ton of money. plus taxes for selling. yeesh peeps cmon
smart move! dogecoin is not going anywhere.
trading in garbage for eth...u r in luck.
nice! do you plan to buy any l2 coin?
nice guy! wise move
good time to buy pal, ’d say, but i don’t know anything
wondering if i should sell all btc i have and put it into eth (which i like much more anyway)
good call my friend
proud of you! 😎
i just did the same thing. i bought .25 with absolutely no intention of holding, converted to . missed the .72 doge hype high, but still, 50% return in a month is aight with me. if a meme is making money idgaf, let the meme holders crash their meme coin.
xrp would’ve been my choice. moon incoming. edit: oops, just realized this is an eth subreddit. lol. i love ethereum myself, just short term gains i believe will be had elsewhere. long term i’m all about eth.
just moved 50% of my eth to tel
good job congrats i did the same
a good time to do so!
maybe indeed a good point to buy eth, is dip. about switching. 2 diffrent coins
exactly what i did! welcome to the right team!
buy saturna! your future self will thank you!
you are a true hero today sir!
so you came here looking for confirmation, how’s your first few hours treating you there big boy!
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 26 acronyms.) ^([thread for this sub, first seen 16th may 2021, 20:30]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
wow 2 fully eth congrats!
well done. i keep my doge as the sole shitcoin i have. i keep one for all as it kinds represents all them
get off uphold please
that's nice so long you're still holding
\*sniffles\* "that's my boy!"
eth act 7. wonder what the other 6 hodl?
what app is this
the fact that 13,000 doge equals 2 eth is mind blowing
doge coin hit a high before it dipped around 1:30pm est while eth dipped hard the whole day. even if doge went back up, the variance on the trade was good for you especially with eth being more like a commodity than doge eth is still dropping in price but at least it was a good leverage trade
best thing, what a dipp, tske advantage of it. iyll start going up soon!
did the same thing at .27
you're a big boy now! smart move
should have waited doge
i made 48000 on dogecoin and i sold and dumped it right into ethereum that is the way to do it
good play on this juicy dip
same, the doge community have better memes though i miss them
more btc for me ya idiots
that’s a very respectable trade. great work making some money off an alt coin and investing into the future. and welcome!!!!
u stupid, eth is bad for the environment!
nice now get ready to pay 80%$+ fees
i had 12k doge ever since .05 and i converted most of it into eth today as well. as soon as it went under , i could not resist. i am feeling a little bummed that i can no longer call myself a "diamondhands shibe", but when the eth2.0 merger causes eth to moon, i'm guessing that i'll feel a little better.
good on you, just make sure you report this on your tax return as you just created a taxable event by using crypto to buy crypto.
hey i do not think it is a good decision to trade all of your dogecoins for eth???🤔
i sold ,000 of ethurium and both shib an hour ago and am now up 19% that fast. you jumped to the wrong horse!!!
i made the same exact move, i sold 14k doge at 58 cents, and bought 2 eth too!!
shoulda done half city boy
see you at 20k 😎
i traded a little doge and bought
yeah ride that eth correction!
you will not regret, welcome on the bright side brother.
good choice. i love the spirit of doge but at the end of the day its a useless memecoin with no substance
hopefully this does not become a meme like that doge you traded lol
for how did you hold doge?
but... can doge reach 1?
i miss read the doge i'm like how did 13doge=2eth
why not to 75% and 25% or something like that.
well done! bought the dip
god i hope this ages well.
😂 lol wouldn't be saying that if you bought in doge at four cents like i did have a total return of ,000 so for you to think that ethereum's going to go to 8,000 when you know doge is at least going to go to 're a dimwit that has no balls or any insight on the future you just do not realize that somebody that has a lot of influence is pushing it go with the flow bro
i think it’s pretty funny that the whales keep dumping because they think they’re hurting us but their just putting more coins on the market for us retailers to snatch up. buy the dip
great time to buy for sure
my take is that it will explode several more times due to it is memetic nature. why not invest in both?
pretty fucking good trade.
dude, you killed eth.
well someone remind me to come back
this transaction should be used as an example of how to play the market during the opening class of economics 101... 👏🏼👏🏼👏🏼👏🏼
probably would have held my doge until mid day after it dropped on coin base.
in my opinion, doge can be a good investment for the long haul nothing wrong with holding both
you will regret that move.
lol. literally just did the same thing the other day. had some doge from 5 cents but it was only a few dollars worth of leftovers that turned into around . was a nice profit to exchange for eth. cheers to being men! 🍻
i was like: "13k, holy f*ck, you must be a mill... oh nvmd" still, 2 eth is very impressive, gj!
perhaps keep this screenshot and look at it one year from now.
whale cum to the club
i know i will get down voted but why? doge has had a higher rate of return, and yes i own both assets.
big mistake bitcoin is the most intense in using power to mine ethereum is second and is headed back to 2000-2500
does this trigger capital gains?
eth is a smart choice 👌
“grew up” wow goodbye happy to buy your doge son
elon hurting his biggest fans lol
in the us is this a taxable event?
eth dropping to 1900. governments adding crypto carbon taxes on the highest polluters by the end of the year.
i figure... once doge gets to 1, take some profits, and keep enough doge. seeing how eth is more of a long game anyway.
nice. dogetard coin is only popular bc of elon and the cute dog
welcome to the club fam
that was kind of a stupid move. didn’t coinbase just announce that they were going to start support doge. that will cause another huge spike in value. but i can’t afford any crypto so what am i saying.
dummy doge is the future 🚀🚀🚀🚀🙏🏿
i had to do the same. without doge profit, i wouldn’t have been able to afford it.
just started collecting doge... but a wee lad 🥲
that’s a lot , nice move
you are falling from small drainage into ocean. i can only wish you good luck. this whole crypto whales are making money and we endlessly loosing. if you dont know already you will soon realize.
i screenshot that, just see if it was a good idea at the end ,)
fuck i feel bad for this guy...
description descriptiona cryptocurrency, crypto-currency, or crypto is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of a computerized.
i’m here if you are interested in buying
i bought into eth back when it was at . any advice on if i should invest some more and when would be the best time?
so you aren’t retarded anymore
the fact that eth has 18 decimals but doge only 8, is definitely bullish
risky but profitable 👌
i would hodl some doge in case of great pump
eth is probably the best investment to make in current times
don’t worry. i’ll be laughing at you and your foolish mistakes in a few years.
warren buffett hates crypto. get rid of it!
welcome to the world of the plastic beach!!
can someone please guide me to the best way to swap if i have my doge on robinhood?
congrats my guy. a crypto that makes its gains off of fundamentals and not one meme lord
that's the smartest person i have seen today.
i don’t think you’ll regret that one bit!
wtf is elon not working with vitalik to implement 2.0 faster in the etherium blockchain to switch to pos and solve the energy problem? eth is already here to stay, implemented in so many applications and games and is the base for nft’s and this ahole comes and brags that dodge will be better when we barely have dodge wallets and is a memecoin. i think he is losing his mind a bit and he is trying to prove he can do everything better.
so you're why today happened
i haven’t forget, i wonder if you’re gonna buy back ,) because 13.9k doge is a little more then 2 eth now and it’s not going to stop
no hate bro but this was a pretty dumb move
man you must be a real stick in the ass.
eth is good but this is a horrible move
thank god, you grew up. welcome to the big boy club of prosperity
you smooth brain idiot!!!! dogecoin is going be 🌚ing my 🦍
you will definitely regret that
see eth had a big dip i had to do it
fear is so cheap thanks to paper hands
big high sell low 🥳
fuck the bear, ride the bulls
this is the gwei!
similar story — i’m still in doge for the ride (i could see it hitting ), but i’ve converted half my doge holdings into eth holdings for the sheer promise that eth has a backend for so many different systems across the space and the potential for the move to eth 2 and pos.
mine was etc used the pump to buy whole eth
i’m holding big bags of both
me too. literally got so stressed watching doge i sold it and went into eth and ltc
just sold my doge for 2 eth. here we go
how much did you buy them for
eth went on sale i had to
eth is low too so not really a loss
i believe if you use a exchange app it isn’t a taxable event like gemini because there no money involved don’t quote me though it’s just a guess
can someone link a resource such as a video to explain this? been looking for a good overview of taxes on swapping on coinbase. will they provide an accurate?
i know i definitely was, but on eth's side, they have the 2.0 merger coming up which will certainly dive up prices permanently. don't want to miss that.
wast thee did tempt to hold on until doge gets on coinbase? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
in my opinion, that is priced in. it jumped right after that news broke so i would be surprised if it actually listing on coinbase makes much of a difference.
fuck you doge to the moon 🚀🚀🚀🚀
happy to join the team
i’ll more the dip when i get paid
uphold is 1 percent . other apps it’s pretty much free you just sale and rebuy
bold moveth, you’ll regret doing yond so early at which hour doge gets to a dollar 'r two *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
wait until you hear about xlm 🧐
i’m guessing such taxes would only be applicable in the us? i mean he didn’t withdraw the money.
i’ll buy more dodge it’s been so up and down all week
i wanted to get in before 4000$
i did this a few days ago. swapped some of my btc for 5 eth.
xrp been shit for the last month
what’s a good wallet to transfer to ?
doge is a one trick doggie
he dumb bad trade 😂
why you say that ?
you timed that one right
im waiting for a much larger dip of eth but im not sure if it will happen again. today is a great start tho. i need the people in this subreddit crying before i buy in.
it's irresistible at this point.
>paperhands isn't this a trading subreddit? how can you trade without selling 🤣
yeah not even exaggerating at all, i think looking back this will have been the single best financial decision you made in your entire life
"we're not watching you" huawei
it is the gwei.
im waiting til .00 it is tanked since yah bought!!! you posted 4 hours ago eth was .00
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **22743** times. **3.** `u-the-dogo` **8481** times. ... **132580.** `u` **1** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
nope, still taxable. and much more confusing. i despise tax in crypto and think that is the thing holding it back. crypto will never be used as a currency because of the taxation. nobody wants to pay double digit tax on top of sales tax in a confusing taxable event every time they make a purchase. because of that, crypto will continue to just be a speculative asset to gamble on. i despise the government, they fuck up everything they touch and can never resist the urge to reach into my pockets. at least in my country (usa), they have gotten waaay too big and are doing waaay too much and it almost seems like their goal is just to constantly invent new ways to spend my money.
not sure why you were downvoted? but as others stated, you are incorrect.
i have a small bag of doge i bought at 5 cents in february. i probably would have sold on this current spike and get more ether if it was not for the coinbase listing coming up. i held this long, so may as well hold on for that.
don't hold your breath on 2.0 there's some speculation it could still be 2024 before it is actually implemented. the big problem is still how to keep the miners happy while reducing fees. there's does not seem to be a worthy compromise here.
yes every transaction is taxable here. it's not a huge tax though, people use it to scare others into never taking profit lol.
yes. but that really is not the point, just an added thing to think about. just smart investing.
agree, although it shoukd turn around soon imo.
honestly probably coinbase or like a binance. the spread on uphold is criminal and it takes 65 days to settle crypto to withdraw or transfer out.
i've been in crypto for 4 years and i'm still waiting for the day this sentence will apply to me.
i was waiting for it to dip back to 2500. i had to buy before it goes up to 5000$
lmaooooo same except buy more * for me
i’ll advice you get the much you can afford now because no one knows what might happen tomorrow you know
"neither are we" fbi
nailed the timing on that one mate. edit: well this aged like… not fine wine lol
1000% correct but if you are using dex how would the irs ever know? i’m happy to pay my taxes when i sell on coinbase and they issue a 1099 but if i’m swapping on a dex i’ll take my chances. the irs is horribly understaffed and has bigger fish to fry. (clearly i’m not an accountant)
yeah, i kept some doge for the coinbase surge too.
ehhh coinbase listings have not pumped as much as they used to do for a coin. especially something like doge.
2024? then why is cardano the one with the reputation for being slow?
i’m biding my time to buy more on the next ath
if you bought 4 years ago, guess what, "you timed that one right".
u did time it right, you started four years ago ;)
understandable me as well
if you just held it for fours years, you’d be rich? maybe the issue is to stop timing? is that really that hard? 😂😂😂😂😂
don't worry, you're in very good company
[i opened a wallet the other day (on bittrex) for the first time since 2017](
i mean you cant say it never happend when it is still on a downward trend, but i get what you mean. might happen, might not. i however do not want to risk losing money so im looking for a even better opportunity. ath is not very far back so we might still observe a further pullback. would really appreciate that.
i like your plan! bit early though, eth gonna keep shittin and dumpin for while before gets sunny again
bitcoin is the beginning of something great: a currency without a government, something necessary and imperative. buying bitcoin and holding onto it in hopes it will appreciate in value, is the most common form of “investing”. as with all investing, you should never invest more than you are willing. this is especially true with bitcoin, since it’s still a very risky investment. the most important thing to keep in mind when buying bitcoin is to make sure to buy only from exchanges that have proven their reputation. another key tip is to make sure you don’t buy all of your bitcoins in one trade. instead use a dollar cost averaging method—buy a fixed amount every month, week or even day throughout the year. this ensures that you buy the most bitcoin when it’s on the rise, and less when it’s going down in price. seeking the help of a pro-trading expert is also very importance along this journey. coolprofits bitcoin whom i met on telegram they showed me how to invest and use their strategies and guideline to make 21 (btc) in 1 week.
understaffed or not, getting audited and found commiting negligence with a 20% penalty is not something we should encourage people to take a chance on. even if that chance is ~1 in 200. pay your taxes folks, not because you should but because it hurts too much not to.
why especially something like doge? it's a mega popular meme coin with ridiculous amounts of press coverage every time it does something - i'm unaware of a similar situation. either way, for me, it is worth waiting to see.
i think they said 6 - 8 weeks
not sure where you heard this? compare tps. cardano has hit just about every update target for the past year.
buy top sell at bottom
you can hit me up for business
as someone who bought in jan. 2017, i can confirm this. paid , if only bought 10 times more but i bought what i could afford to lose.
holy fuck; i quit my job and i come work for you. i don’t know what we doing but i’m fairly tech savy; and have been operating someone else’s business for the past 16 years with nothing to show for it;
good job… send me some... i’m poor
when the suicide hotline is posted for the third time in one week, you will know it is time to start dcaing in.
i’m thinking it’s going down to 2000-2500 next week or two and chill for the summer. i’ll be dumpin my doge soon enough and get back into the eth. made nice profits flipping eth to doge week and half ago. still up, still sittin doge for now
yeah that’s why it’s advisable to purchase as much as possible now before it’s a little too late
nice 1st comment bot shill trash
they only seemed understaffed because half of the irs was dedicated to harassing trump and auditing him 6 times a year lol. now that he is out they can focus on fucking us over.
sweet. i'll see you tomorrow
lol, i know, cardano is legit. but i've seen a lot of outdated jokes on here and r, meanwhile eth 2.0 gets endlessly shilled.
some people can throw a ball 100 mph. my talent is buying the ath.
i've had that same thought about several investments. or i considered buying and decided against it since it had too much hype then price went nuts
i thought i was late to the party when i started buying eth at 70$
if only it was not a glitch.
ya do not think i got that by giving it away, do ye, laddie?
did this really happen?
just curious why you think that particular range? btw i did not downvote you.
current ath is a future thiscount
buying ath with dad's card, when it dips i got profit
if makes it easier, i knew about bitcoin since 2011 and ethereum since 2016 but decided not to mine. boy, do i regret it now
downvote away friends 🤘🏼 i’m just a dude like all you 🤷🏼‍♂️ no sources, different things i read and the goings on in different markets. my opinion, irrelevant as it is, there’s too much heat everywhere right now. institutions pulling as we speak and more to do so, and the people, you and me, get out while we’re up. it drops and people are nervous(let’s see where it settles next month)so they do summer things, vacays, all that costs money and they pulled out when shit was volatile and it’s sitting there so they spend it. once summers over and it’s back to the grind it’ll slowly rise. once it’s cold and everyone’s stuck inside with nothing to spend money on everything will rocket again. just my thoughts and opinions. ps. i’m pretty stoned
i honestly can see a drop below . don’t think it will hang around at that price for too long before retesting ath.
it’s only an ath for now
i hope your right. i was uber broke when eth was at 1500. i've caught up and i'm waiting for a downward trend to buy more. 2000k would be great. i'm highaf rn as well. cheers.
everyone wants to get stoned 🎵🎵🎵✌🤑
besides being stoned😂 i love your attitude!
smoking right now lmao
cant we love both?
ask and you shall receive
hahahah , this is amazing benjamin is a very skilled guy , eth is the most valuable asset of 2021. but the irony in that statement makes me chuckle ! diamond hands , not a dime sold since 2016.
haha actually i did think about that it could be to the downside - just like btc's first . but i do think eth will move up .
i am sure that there will also come a day when the price of .
pleased to buy some cheap eth
he is technically correct though...
in the wrong wayyyy
well he didnt specify lol
just think about this... eth has not yet fully retraced the past months worth of gains. still a bit over 2k, and just 30 days ago it was just about 2k. could be worse right? disclaimer: this might not age well.
the monkey's paw curls
i mean, if you know his content you know that, even as strong of an eth bull as he is, he would very much consider this vindicated. he is always realistic about bearish scenarios. very data driven. great channel.
oof. i felt this.
its comical. sucks, but still funny.
i wish he would have clarified the whole eth tsunami, i assumed it meant the price was going up, not me getting wiped out. 🤣
man why does eth gotta catch so much flak and crash just bc bitcoin caused some problems?
this is why you need to specify your desire, before shaking hands with the devil.
laugh the fuck out loud!!!!! 🤣🤣🤣
well he isn’t wrong... did happen today as well... but other way... hoping to see it go up some time soon
eth’s a bit confused but he’s got the spirit.
i think he meant it moving the opposite way haha
hahahaha!!! this is great! i’m holding until ... taking a little profit then
he meant when it will be worth
hope not in the yesterday sense ahhaha
shoutout to the legend himself u you weren't wrong ;)
i bought at 4k and i’m getting railed so hard right now. someone please pass the lube!!!!
this did not age well.
he has a fancy suit. must know what hes talking about lol
i felt good about this meme last week when i seen it ... oh the irony
yes, he is damn right
it will move like a turd 💩 after taco 🌮 tuesday.
ha ha ha...tears an now crying 😭
it moved 2 damning k!
gotta be careful what type of energy you put out there
more like lose 2k in week 😜
be careful what you wish for t\_ t
downside movements have always set the records in my portfolio at least
…...”welcome back into the cryptoverse”👌🏽👌🏽👌🏽
love benjamin, still hodling onto hope & that eth really could move -1k per day at the peak, whether that comes sooner or later i am prepared.
there are global banking industries fighting against crypto. hold the line don’t sell. these gold spoon shits need a lesson
and this day was today!
"oh god no, not like that!"
he did not mention direction... he had a 50...
now its rising to 40 again after some days it might fall to 32 👌 people will invest at 32 assuming it will rise again and then... it might fall to 16 or 18 creating an impact in berika economy 👌
hahaha this is the joke of my day.
bought the dip today. 3 eth. now is just a waiting game. 10k by november. 😉
at least we know who to blame now.
yes, he meant what he said. otherwise, he would have stated that it would gain . the guy is not an idiot. if you read into more than you should have, that is on you. crypto typically falls faster than it gains. it's all in the charts.
and cardano will replace eth position
yeah in the negative pulling the rug again aye vitalik
i was literally thinking about this yesterday lmao
neutron star hands. 🌟 bitch
time to get cheap eth
he is correct ... with eth2 ... lower gas fees and faster speeds ... people who got liqudated will super push prices down ...
the interest level of eth is ,500 (fibo level). this level will be 🔥
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [irs]("last usage")(us) internal revenue service ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 25 acronyms.) ^([thread for this sub, first seen 20th may 2021, 02:54]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
ethereum will hit below ,000 i am fully convinced in that
how did she know????
i hope the dream comes true!!
on the subject of the price drop, i think it is crazy that people are selling aetherium when the main concern right now is environmental concerns about energy usage. most of the media seems to have not gotten the message at all that proof of stake is coming very soon to ethereum. even tech journalist almost never mention it. financial articles about ethereum never mention it, even when they are talking about issues like energy usage, transaction fees, or slow transaction backlogs. most people have no idea that a fix for these issues is coming soon.
sold at 3,300 felt bad then, feels good now.
there will come a day when the fiat dollar is so inflated that the price of eth will be
he should been more specific and say "up"
bens a useful idiot
thanks for that it somehow cheers me up even if it shouldn’t 🙃
i hope it goes to
stratis to the moon
yes it will be soon
to the stratosphere yes
what’s a fair end of year price prediction?
it is exactly what he meant. volatility at such a price where 1k moves happens. he means both ways.
we have to learn to laugh at ourselves. if not, the big dips will break us or drive us crazy. but know this. the floor is made of rubber. we will bounce back. eth to inifinity ✊
yeah. 1k in the direction of the pooper!
but for that he will need 1t at least en mkt cap of eth
i had a bad day lol, i’m sure no one can relate (sense the super sarcasm)
ben knows his shit. and, yeah, he was meaning up
he did not mention which way
i thought this would be time to celebrate. oh how the turntables.
i wish now he was wrong...
eth moved ... but in the wrong direction
i agree. still extremely bullish on eth
i hear of so many people in these crypto subs that have been in the game since 2016-2019...the real question is...are you guys millionaires now?
lol i was coming here to say i bet ben would think down first. but here he is saying it himself.
please go the correct way
why you ask that at a time like this lmao
right before the 2.0 it is sales time
the best kind of correct
time is on our side , starting now !
makes me wonder what's the average iq of whales...
disclaimer: a l w a y s put a stop loss. also never invest more than 5% of your capital, the opportunity cost is too low to use all your capital in one go.
he didnt specify direction for a reason, anybody who's been through some crashes knows shit moves way faster down than up. stairs up elevators down.
he is probably the best crypto youtuber but still funny :p
i hath felt valorous about this meme last week at which hour i seen t. oh the irony *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
this is crypto, not gme
to be honest, dollar cost averaging really might be the way to go, to keep your sanity. buy a little every monday and watch all week. a strat i found and will start using next week was set the buy order 5% or maybe even 10% below the market price on monday and if it buys by next sunday, there is your dca for the week otherwise, just buy your dca on sunday night.
eth is a great call, i would say vet.
who's to say which is the wrong direction?
i use to use private keys , i got fucked on idex exchange and lost everything in 2018. after the dump i bought eth at 110, that helped me recover , all in all not a millionaire yet!
no, but i was thisgusted enough by the mania that i took out a decent chunk pretty close to the top. if we do not bounce quickly, most of it will be reinvested after the price has settled down to my satisfaction. regardless, short term movements are extremely difficult to predict, no matter how well you think you understand the general picture. time in the market and all that.
i first started in 2017, but the cheapest coins i bought were all from 2020
absolutely not!!! i bought in during 2018 at market caps of 600-700b, waited three years, then finally started winning, and in one day back down . unless you jumped in during the down time, you are back to hodling for the long term again
yes. i’ve been in since 2013. all it takes is time, conviction and a little seed capital.
nahhh man most got in in 2017 very few in late 2016. the opportunity was definitely there but i've never spent on a dime on crypto just mined it occasionally.
yes. but i would like more eth than i now have
haven’t heard of it , it’s hard to keep up in such a fast moving market would love to get a summary
ok. it has to get over 10k before it crashes.
does money equate to intelligence or arrogance
you’re absolutely right!! but i’m pretty young right now and lucky enough to get a 6 figure job so i’m still trying to figure out my risk tolerance. but i think went a little higher than i’m comfortable with haha. around 20k in at 4k. but can’t cry about it now and just have to power through it.
damn, i'm glad somebody understands!
i know but these folks are not into crypto and believe it’s competing with it
false. this is not unexpected. this is the same office quote everybody uses for everything right now. beets. bears. battlestar galactica.
can you please explain what you mean by your first sentence? thank you. did your funds get stolen or did your assets lose all value?
pay yo taxes and sleep at night. not so bad considering the size of the gains.
that did not answer the question though lol...i mean eth alone was as low as 10...nevermind other coins... so i'm just curious if the folks back then saw what the coins today could become and are rich now, or not? i always tell myself damn i wish i'd gotten into crypto even one year ago and i could be sitting nice now...much less if i'd gotten in 2,3, or 4 years ago...so just crossed my mind to inquire towards the folks that actually were around for a good while, if they actually caught those opportunities then, and are wealthy now.
it only got to 1500ish in 2018. you are still up.
congrats! i got in way too late (this past january) and am not near bold enough to ever think i'd get to a million with crypto,...especially since i do not have much excess funds to put in (i capped out at about 6.5-7k before the crash...have put in roughly 4k so far)...but even if i manage to get 100k after taxes, that would be life changing money for me. so i'm in it hoping i will win it lol. even if it takes a few years. that being said...really surprising me how many responses i'm getting here of people in since 2017 that say they are not yet millionaires. you're in the minority so far of the responses i've read. guess i'm underestimating how difficult crypto is to make real wealth long term.
unless negative eth where you get paid to buy eth
you got a point. the smartest people are not necessarily good at investing or trading.
if you have a high paying job you should not take risks trading imo, just stack and enjoy the free returns. this is not financial advice, i'm a 23 years old administration and law student.
what is a 1000 dollars among friends.
identity theft is not a joke u.
now, exactly how much pot did you smoke?!
if your new you might not have come across private keys , as most of the dapp don’t provide private keys now. these were the old days of decentralisation. my funds were stolen !
in 2017 i came in halfway through the bull market, didnt understand it at all an didnt have much money to invest, also watched it hit ath and then go all the way down and i took barely any profit. when crypto went down the shitter i barely checked the prices and basically forgot about it until like february 2020, i realized that we might have bottomed out and everything was cheap again. i remember thinking i'm sure eth can go to like (lol) and i can double my money. started buying in and by early autumn i was all in, i was literally broke for a month at this time, straight up had no cash. now i'm comfortable with my stack, i could buy myself an apartment outright now at only 24 which would be huge for me. looking to get about a 2x from here then i'd be really comfortable financially. i was lucky i kinda realized whats going on early 2020, but i also risked it all by going all in, and i'm still risking it by holding now. made some bad trades along the way, should have just left my coins alone. havent sold anything yet. i hope it will work out ok, but even if it wont i know i'll be okay, i try not to be too attached to the idea of all that money, but it would be beautiful. remindme! 1 year i hope i have that apartment by now lol, also that 3 car garage i want for my moms place, a nice supermoto maybe.
also thankful that i was hustling hard from 2017 till now. i did all i could to stack money during these years, working jobs, flipping bikes and whatever i could, also operating a not exactly legal business selling bike parts lol. hiding cash in pillows and sofas. barely spending money. this was the perfect combination of preparation meeting opportunity. if you came on halfways through this bull market i say be mindful and take profits along the way, if you can time the top by a 50% error, you did good. i would have been happy if i managed that, also would be happy if i could do it now. then when the bear market hits, then go hard, stack money and prepare, thats your opportunity to make real money through crypto. good luck.
it’s not hard if you avoid the scam coins, invest primarily in the blue chips (btc, eth) and don’t trade. hodl for the long term and embrace the volatility. the drops are gut wrenching but it will always come back. eth is going to change the world. btc is taking over for gold. a lot of the smaller projects will find their niche.
i think they are something of a more developer focused team that is why it’s unknown. do they have a token ? i appreciate this , i have been looking for a product like this to integrate with my dapp. thanks :)
technically possible with futures
can't hate a exit plan.
they can make more mistakes. they also know about blue horseshoe which pays dividends
ya i’m thinking about just doing index, roth and etf. probably better off long term.
that's messed up. glad you're doing better now.
how did they get you private key?
i'm rooting for you! congrats on your success. am also staying really broke since i got into crypto lol. seems i'm putting every spare cent i have in...just started in late january. but if i'm honest, that spare money was not going anywhere at all useful before, so i'm happy that its a more financially responsible "hobby" than spending most of my free money on amazon and eating out with nothing worthwhile to show for it. you think you're being frugal...but crypto has made me realize that i was wasting so much money before...and was acting sooo irresponsibly with what little income i have, when i had it, which continued a cycle of struggle when i did not. i've made many mistakes and am still learning, but am trying to keep my hopes for crypto can do for me at a minimum, personally. honestly, if within 5 years from now i can manage to amass enough with crypto, after taxes, to finally gain independence and a decent headstart at financial freedom, then crypto will have more than exceeded my expectations, and be a life saver.
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definitely agree with you on the taking profits...should have started doing that a bit with eth...could have bought back in and increased my position if i did...but dunno why i expected it to keep going up so steadily much more lol. lesson learned for sure with both eth and siacoin on that. also am anticipating the bear market coming. don't know why others are dreading it. personally i welcome it lol. now that i'm in the know about cyrpto, i can take that time, whether it lasts 1 year or 3, throwing as much as reasonably possible at cyrpto and laying in wait for the next bull. that's my plan anyway. as someone with not a whole lot of thisposable income, it's kind of stressful during a bull when everything is going up relatively quickly... i feel like during a bear market it will be much less stressful and less costly to hoard coins, since coins do not seem to make huge moves up.
true! didn't oil futures go negative a year or two ago
doing decent, as they say it’s better to fail and restart in the early days than to catch up late. we all are still in our early days ! hodl like hercules !
the worst about the bear is that you'll start to second guess yourself, maybe it wont recover again, maybe you're just throwing away money, because you just get red months after red month. its not fun thats for sure. but real money is made there. i'll set a reminder for both of us, we got to buuuy. i'll message you then. remindme! 2 years remindme! 3 years
they did, but this cannot really happen for eth. the reason the oil futures went negative is that you had to take physical delivery of the oil and there was no storage capacity available anymore. taking delivery would actually cost a lot money because you had to find some place to store it. "storing" eth does not cost anything.
not possible for eth, it’s cash settled and has zero cost for transport and storage
i think it is too late already... he has been tweeting about ethereum and defi as well, and i'm sure he would not stop.
lesson of the day, buy the dip!!!
elon is a whale he used his twitter to manipulate price to his benefit
the fact that one person can crash the crypto market based on one tweet is a huge problem.
elon musk must be a fucking idiot. didn’t he know that btc transaction burned fossil fuel before announcing they’d be used for payments? he just wants to manipulate the shit outta crypto cuz someone like sec can’t sue em cuz they aren’t a security. i hope his effect decreases as we move forward
dude just loves waving his dick around. that's all this stuff ever was.
oh definitely. him becoming this "face" for crypto was a horrible thing. the fact that his tweets move the markers like this is ridiculous, all while being an underinformed, pompous prick. oh, you realized that bitcoin uses energy, huh elon? after you put 1.5 billion in it? after you declare how awesome it is and how you're accepting it for your cars? ... what are you, a fucking moron? the only explanation where he is not a complete idiot is that he is deliberately using this crap, i.e. lying, to manipulate the markets. this would only apply here though if he plans to buy *more* btc, so keep that in mind.
always though elon tweets are bad for crypto and always got downvoted for this. fuck it he is an idiot. lets go again.
he's a market manipulator and yes he should stay away from eth and stick to playing memecoins
i started thisliking elon when he pumped doge. guys a fucking asshole
actual unpopular opinion: if anyone is going to manipulate the market to suck up a large sum of money then they better have a better use for the money than the losers they earn off of. people who invest in doge or follow elon and follow his word like gospel are majority of the losers in this case, that and paper hands who can’t hold through a minor dip. is the money really better held by them or put towards some of elon’s projects which seem to be relatively positive for society. basically i don’t think his manipulation is totally a net bad effect. just makes elon a thishonest arsehole, though i don’t think it’s an actual ‘problem’ we need to worry about
yepppp i completely agree.
vitalik is ethereum jesus he will keep us safe from the doge devil. i hope.
we do not need this idiot manipulating eth.
i think it was always a little naive to assume that crypto was going to completely reverse the class system. of course crypto is going to allow some rich people to stay rich, the point is that it will provide (and has already provided) many low income people with an opportunity to gain life changing wealth. a world running on cryptocurrencies still would not be perfect, but it will be infinitely fairer than a world running on centralised money that can literally be printed out of thin air by a small group of elites.
i’m pretty sure he’s coming to eth. you know, for the clean energy and staking
if anyone owns tesla stock i’d be prepared for a bloody thursday morning
not to shill another coin but my guess is that the “other coin” is ada and has been for awhile. he posted the picture of the fork in the road the day of the mary hard fork. he’s clearly hyping coins just so he can later point out their flaws, in an effort to prop up whatever his end-game chain is in the end. if he touts eth next, i’d be afraid because that means in 2 months he’ll start tweeting about high gas fees and other problems he’ll pretend he was unaware of the whole time.
we are gonna be fine baby! zoom out
i’d love an intelligent well respected business guy to show some love to ethereum at least. it’s gained traction with such little mainstream buzz, that i imagine it would be a great boost overall.
am i the only one who thinks he’s trying to become a real life tony stark?
yeah man eth doing just fine without busy body wankers getting involved for an ego boost.
elon tweets this a few weeks after profiting . he cashed out before everyone then makes this tweet crashing the price... same with dogecoin. tweeted everyday about it.incited millions of his minions to throw their lifesavings into it. announced he would shill it on snl. the price crashed deeply during and after the show. also a history of tesla stock manipulations. all a bunch of pumps and dumps hurting the average investor while he stuff his bags heavy. typical slimy two face dirtbag billionaire. how you guys think he got to be where he is? by being nice and considerate to people? elon is the trump of the tech world and his cult are as dumb and easily gullible as the magats. ''elon is a genius, billionaire, relatable, good guy who works very hard 60+hrs!...'' see the resemblance with trump? hope the sec sues his ass and put him in jail just like they did to john mcafee for shilling shitcoins in 2017-2018.
elon is blatantly manipulating the markets.
the market can not depend only on one man! who controls, dumps and influences ! the market should be more democracy. this is the purpose of the cryptocurrency ! not depend only on out dated system or a rich powerful man ! let us fight together ! we fight for our faith ! elon musk should not influence the etf and etc market ! more hands together , we fight against the whale !
pretty sure us eth traders do not react to every stupid tweet musk sends out
exactly it was a 2ay out for the less fortunate and now the whales and rich or taking over and pumping and dumping on us!!!
i’m really praying he takes the next rocket to mars so he can be bored there instead of here on our planet earth.
i wish i could invest more in eth, but i can’t afford to anymore. hopefully, eth goes to 100k and i become a killionaire.
doesn’t really seem that way to me. actually seems a bit insecure or anxious from snl. y or how is he an egotistical asshole?
the guy himself is turning into a meme (facepalm
i hope he does not ever say anything about eth ever lmao
i think elon is playing the long game! what he says and does has huge effects on the markets. he is pro crypto and wants it to thrive in long term, by pressuring miners to be more energy efficient, he is sacrificing short term loss for long term gain. also, he is smart, and i would like to be on his team to the moon!
i literally tweeted out yesterday that i want him away from eth. good thing i'm not the only one.
i think you're missing the point of what satoshi created. crypto is censor resistant. it's trustless. anyone, and i mean anyone, can buy, regardless of how thisgusting they are. that's the point. nothing you can do about who buys it and what they use it for, nor should you care.
yup agreed. i believe he’s using doge as a ploy to bring attention to btc thiscreetly to keep the sec off his ass lol. i use to love him until this all happened. very thisappointed in you elon. it’s time to tone down the god complex
fuck elon, i used to follow his shit; now, i feel he is as crazy as trump
i totally agree. keep his tony stark larping ass away from eth, it does not need a hype man manipulating it for personal gain.
the amount of arrogance and short sightedness in this sub is crazy... if you really believe in the long term value of eth, why are you so hurt by some tweets??? btw, even after the dip today, eth is still up by roughly 80% in the last month... that’s unbelievable. stop being a candy ass and ride it out.
he's becoming a freaking joke...!
i think he’s a pretty good dude, but i’m not sure if i’d want him involved with eth or not
idk i kinda like elon he's funny \^\_\^
elon's a legend. what are you guys talking about
idgaf if it’s satan, if he has the ability to sky rocket the price of eth then i support it all the way!
i like elon and he always tweeted wathever comes to his mind but this is starting to be weird. __activating conspiracy paranoid brain just for fun__ facts: - elon got into tesla as an investor before just 'being' tesla. (he does not seat on the passenger seat) - he also was fully aware of how bitcoin worked before investing in it. conspiracy theory: - the idea and future of crypto starts being of interest for elon. - he starts with the obvious entry door (bitcoin) - he then moves to something he has a bigger influence over (doge) (at this point still just out of genuine interest for crypto) - crypto really starts growing into him (just look at his recent twitter feed). like him or not elon is a very smart person, he knows where the real gem is (eth). and he does not seat on the passenger seat. - first a foot in the door: start praising eth over bitcoin. - then start accepting eth. - then big eth investment (why not a tesla) - then he starts offering some "constructive" critics. - few additional steps ... - elon is ethereum.
well he did admit to being on the spectrum. he is a visionary of the future but he is certainly made some rash statements before. he's taken some heat for a few things, already gotten into crap with the sec for market manipulation. even as the owner and ceo, the board needs to keep him in check.
this is a byproduct of capitalism baby! are we really surprised?
thanks, this is the only tread that does not seems thirsty from the pump and dump that elon make
i'm neutral on the guy i'm preeety sure he knows something we do not this is just fishy?
as a hodler of many doges, i can totally agree
agreed i really hope he doesn’t touch ethereum and stays the f away , i’m plan to sell all my tesla stock once market opens which i’ve been holding for 5 years over this. his crap with doge coin was already so beyond absurd and now his move with bitcoin, probably killed this bull run for good and ruined savings for millions of retail investors my guess is this is his plan to get doge coin to , he did tweet the day before hinting he will accept doge coin instead of bitcoin
elon musk was fired as paypal’s ceo in 2000. i’m starting to see why. elon is good as a visionary in the initial stage of building a company. but he sux at day to day management and common business sense.
i hope he stays away from all crypto, and everything... everything in general.
haha go cry a river
the sec doesn’t have authority over anyone tryna manipulate markets like via tweets. and that is a field day for these institutional investors. and besides, didn’t elon know how much btc transaction costed before announcing payments? this guy really is an asshole
you sound pretty salty.
there’s a big difference. eth actually serves a purpose. doge is and always has been little more than a meme. we do live in the era of memes which is why it has value, but all memes have a shelf life.
the danger i see here is if the sec and feds decide “okay it’s time to step in and stop this kind of manipulation”, while that would sound nice on paper it’s just one step closer to more regulation
it’s probably a temporary dip. we will probably see less of this when eth decouples from btc.
i hope he stays away from eth, xrp, algo, and all others as well. he’s already trashed the image of btc and doge. i hope he keeps playing with those toys.
i hope he stays elon long way away from it.
i hope he accepts dai as payment.
please don’t link eth and tesla
just buy more now look how stable eth is in comparison to the top 100 not counting stable coins. dude my portfolio gained btc value but dropped in eth value. ' sorry for caps its been a wild day
he may have wrote the template for how the ultra rich can manipulate cryptocurrency value
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [etc]("last usage")[coin] ethereum classic [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise [sec]("last usage")(us) securities and exchange commission [xrp]("last usage")[coin] ripple ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(6 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 26 acronyms.) ^([thread for this sub, first seen 13th may 2021, 04:54]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
same elon agreed with jack dorsey on april 22 that bitcoin ‘is a key driver of renewable energy’s future’ 😂😂😂
hahaha it’s inevitable that he will look at eth as it transitions to pos
does anyone feel like elon controlling the market by denouncing a coin just so he can short it, then buy at the dip is insider shorting. with that much power at his fingertips, he can predict what the markets going to do based on his actions, i think this could probably be illegal if analyzed correctly...
every time he talks about anything financial (his own company included) its price drops at least in the short term btc crash imminent
preachhhhhh i also agree elon is completely insane and probably at least half possessed by the devil
i am absolutely loving it - the volatility is what makes money. ' >one of the attractions of crypto was that it was supposedly going to empower the weak and instead it’s turned into another plaything for the rich and super rich. yea but it has got to increase in market cap first so that it can have the infrastructure to impower the meek. the best way to increase market cap quick is to get the attention of the rich and pump it. overall i believe this is net positive. now this will be in the news for the next week diving attention towards ethereum and crypto.
i'm not worried about it and neither should you. as with most of his antics, they only cause short term moves that eventually return to the mean. the market will correct and chew out the weak hands or people too easily influenced by elon. if he want to try and pump and dump, go right ahead. i look forward to the buying opportunities it might provide cause i'm ultra long on eth at this point.
i think it’s false to argue he’s not a brilliant market manipulator. he may be ego driven, but he’s strategic and clever. that being said, he knows how btc works. this feels like a play. “pump btc, use it to buy eth. pump eth.”??? but yeah, please go mess with the broader market or somewhere other than crypto snr musk
that guy is fucking gone with the head, or just doin profiting in really low scammy way from his position.
i despair every time he speaks
boycott tesla stock, that will get his attention. the problem is that eth somewhat depends on btc to continue to grow so if btc is impacted so is eth.
musk binds himself and his products to specific topics to get a specific (brand) positioning and gain visibility. the fact that his social sounding board is so powerful, makes this look like those specific topics are fueled by elon’s support. i like him, but he’s more a trend hunter than a trend setter. he’s now working to leverage eth positioning and vb persona.
he doesn’t respect people in the finance world, seems like a dig at it.
i hate him as a person but i like his vision for space.
why do you care ?
i think tesla will create their own blockchain to track production and consumption of energy from tesla solar panels into tesla cars. something like energy web. they are already integrating their energy products so that the flow can be better controled. you can no longer buy solar without powerwall and tesla's own inverter, and vice versa. decentralised energy generation and virtual power plants has always been the goal. for a few years they have been testing something called autobidder that automatically sells the energy from your powerwall into the grid based on price and demand. by the same time that tesla got into crypto they also mentioned opening up the supercharger network. i.e., yes, you can charge your vw here, as long as you pay in teslacoin. as for mining, they have a huge network of computers on wheels, constantly online, and sitting idle most of the time. not to mention a some project for a gigantic in house computer cluster (dojo). could they do this on top of ethereum? maybe. but why bother. maybe it will be a fork [on the road]>they have the more than enough engineering prowess to make their own blockchain from scratch, instead of waiting for 2.0 or cardano to prove itself. instant adoption of teslacoin is implicit by those who own tesla products. and for tesla, decentralisation is not a requirement, as long as we trust in musk.
mark cuban is going to push him into eth i think...then we'll go through same process.
i hope he will stay away from everything and stick with investing into innovation and be fkin quiet
if it can be manipulated, it will be. the technology should be made so it cannot!
i previously have been a fan of elon, tesla, space x and so on. but these last few days i realised he is running the risk of becoming this market cycle's john mcafee.
let’s make eth-lon a thing!
i made my first big investment just in a small drop yesterday which was a bit of a mistake
yes he has way too much influence over anything tech...and i love the guy!
your the egotistical ass! eth would be under ’t for musk! you and your computer goons playing games for tokens, and why are you reading this, you should be selling eth because it’s headed for zero. doge coin is taking over!!!!
elon is the devil...🤣🤣🤣🤣🤣🔥🔥🔥🔥🔥🔥🔥🔥🔥😡😡😡😡😡🥺
i want elon to embrace eth. tesla and ethereum are a perfect match, in being cutting edge, energy inefficient, and geared toward the advancement of mankind.
i agree and find it really perplexing how acutely the market reacts to his tweets. i know markets are "dumb" but this is mind blowing.
destroyer of crypto! such a wanker lol.
hope stay hell away from alllll cryptos 🤬🤬🤬🤬
i never thought i'd say this, but today at least, i'm glad eth is still pow. elon can go play with some other pos chain. maybe binance ha ha.
i do not know how people are mistaking him for helping the advancement of humanity. he pays his staff the bare minimum, overworks them, and wouldn't even close his factory at the start of covid.
i swear he is on a mission to kill crypto and masking it as a mission to bring it mainstream. step 1: get folks into it. step 2: make sure few millionaires with some tweet. step 3: tweet, crash, tweet, crash. lots of folks lose money and leave. what we end up left with is, lots of folks being left with a bad taste in their mouth about crypto.
okay so i saw the dip but i did not have any money so i spent 0.0001 btc for ether... considering the fact that btc also took a dip, was that a bad idea? i sorta just panicked 😔. edit: i know that may seem like a small amount but considering that my total investment in crypto is about 0.0028 btc (obviously not all in bitcoin) it is all i was willing to risk considering how unsure i was.
it’s time to buy ripple.
guys best app to buy ethereum?
i think the elon influence exposes a flaw in the whole system. we live in a world where ‘some guy’ tweets and people gain or lose piles of money. we need to add some kind of insulator to protect the crypto system.
you should look deeper in. elon is making a move to make a shake on the market. so many hedgefunds short sellers. i saw a great post from a retailer investor app. they are using crypto to backup their investment. will post it later. the way it is explained just make sense. hf making these dips. imo we are better off.
i have around 10k of my own money into crypto, i’ve profited around 14k so far in 5 months since january. are we needing to worry about this bear market right now? or is it just because tech stocks are down we’re getting hit? do i need to sell like a paper hand hoe or hold tight? i’m also new at this stock shit so i’m trying to not lose all the money i have in.
elon should be behind bars.
hahaha you should not take it personally. els it will hurt you in the balls.
i mean... we should just fight back 🤷🏾‍♀ fire with fire.
dogecoin has empowered the weak dummy, obviously the lower class is now interested in investing. don't cry about it ust because they are not interested in eth haha you sound no better than the families who own the banks. doge empowered the lower class and uneducated to finally think about their money and use it to play the system
i think you forgot how much elon did for crypto community by introducing people to the crypto world. btc dips by 10% look how much it gained after he announced news about tesla and btc. how many people started their journey with crypto just because of that... be smart, invest in crypto with some background and do not buy just because someone tweets about it... it is not his fault people act like... people. he is businessman but no one is holding you from being one also. again be smart dyor,and do not blame other people for your mistakes. also at the end look at the bigger picture brothers and sisters! take care and stay strong!
would definitely stay away if the gas prices are reduced lol unable to shift or tade my shiba due to this gas fees wanted to convert to eth even that is not possible for 50 i am stuck here
doesn’t matter, even when he doesn’t mention it he makes the price drop. just buy more and prepare your list for when you finally get rich
nfts come to mind when you say the rich and super rich. i'm okay with that that though!
cryptocurrency is for the people not for the rich people.
clearly he doesn’t even need to mention eth lol
the only way we will ever win is if we start to boycott products or services when a company or billionaire oversteps. but, consider that the general public is more divided than ever i do not see that happening. it's a powerless feeling. they will continue to take advantage of their influence without consequences unless we are the ones to shut them the fuck up. how about we start fighting back with our influence, our fucking data. suck it up, give up the convenience and uninstall apps, delete accounts, boycott in large large quantities.
elon just lost a lot of followers imo. his ego got too big. he thought he was bigger than btc. nobody is bigger than btc.
xrp is the answer
i hope vb fights elon for some reason and that makes elon butt hurt and keeps him away from pumping eth
for sure. i was a long time supporter of elon but at this point, i wish he would just stfu. really grinding my gears now. he has an insatiable desire for attention and that is clear. his comment was clearly to pacify unknowledgeable tesla fans.
people forget how bad paypal used to be. they used to quite literally rip off customers worldwide with no recourse as they at one point had no customer service portals. elon has zero interest in people. same as gates, same as bezos. only difference is he’s younger and has probably partied more. all his projects are marvels, but his motivation has nothing to do with the welfare of people in the long run, this may be good for crypto as it shows he’s not really interested in the philosophy more interested in what it can do for his company.
these coins are like pump and dump cults - everyone who buys suddenly says it is a religion not a cult and it will change the world, but we all know that is not the case. the coin that will change the game has not been created yet. if you're doing anything other than pump and dumping crypto you will lose that money.
big mouth elon at it again
ethereum is untouchable. ethereum runs the entire crypto world, keep holding, it always bounces back
i'm hoping for a major eth correction so i can buy a big bag
bro he might be on reddit reading this dont give him more ideas !!
elon is greater than or equal to trump, which are both less than a half decent person
elon has the ability to be a true bond villain and he’s just not living up to his potential.
i hope he comes to ethereum and does so because of proof of stake vs proof of work that he’s worried about with btc
fucken hope so ( that he stays the fuck away )
maybe people should cease buying teslas because the batteries harm the environment!!
the fact that people think elon “crashed” the bitcoin market is ridiculous. btc is up 440% on the year. if anything, the sum of his comments over the last year have pumped the market more than they have caused it to dip.
imo (hfunds not the pos!) are crashing the market and they are laying the blame on us. we're retail we do not have nearly the tricks, connections and means that they do. all we have is our income to invest and do with as we please. us holding is not breaking the market. them refusing to cover their shorts and dumping other tickers in order to maintain liquidity is what's breaking the market. do not allow them to place blame on us because then we will be their scapegoat. we have no leaders or ceo. we are not a pump and dump scheme. we are individuals with similar dd who understand the value of what we hold. we like the stock. the end! good luck 💎👐✌️​
be thankful, he’s given you the buying the dip opportunity you’ve all been looking for.
alternative take, how about you just ignore what he says
he could be bringing down the price and hype so that he could buy more looking at the potential.
he is the false prophet and a man child.
fuck your maker, vb too
lol i learned my lesson about elon. 😩😩😩😩😩😩😩i told my retired mother to put some of her retirement in bit coin. thanks elon. way to put it to the little guys!
stays away frim everything. i hope he would be the first human in mars whith his starships.
i want my chips with a dip elon!!
it can be argued that the price of doge wouldn't be as high as it is right now without elon splashing around. shit coins need hype and he is the big capitalist hype man. i believe now that doge has permeated the social awareness of anyone who cares about cryptocurrency, it would be better if elon just shut the fuck up and let it grow or decay in value organically. as for the ethereum family, i do not feel like he could have the same positive impact... the crypto world already takes eth seriously; everyone already knows about it, so his cringe internet antics would probably just make eth a pump and dump target for whales, like doge is currently.
i reckon that if one single guy can hassle the crypto market that much, it is still very early in the adoption phase.
if you do not want tesla to allow the use of ethereum to purchase cars then you're an idiot. musk may make the currency more volatile, but it would give the currency more credibility.
the fact crypto can be so easily influenced is enough for most smart people not to buy into it.
this is my exact thoughts
elon's synonymous for recklessness especially after his latest turn against bitcoin. just like a drunk acquaintance, you never know, whether he is going to stab you after the next glass.
i could care less what he says. eth and btc will both be fine
obviously not because you all parrot each other constantly. and jesus you’re a drama queen
market in the red but i’m in the green. except my stocks. i’m getting rekt in stocks
maybe elon musk should return that 2.5 billion of profit from his bitcoin or donate it to reduce its carbon foot print. such a pos. i lost a lot of respect for that man over the last few days. he should be held accountable for nearly a 1... he’s playing games with millions of lives. better yet, elon musk claims to be looking out for the future of man kind, yet willingly and consistently makes a mockery of everyday americans and manipulates the markets in ways that should be illegal. from someone that believed in elon musk a few shorts weeks ago... fuck you elon!
hell no. i hope he tweets something tomorrow. eth drops to 1k, i buy 10 eth, the next day eth is back at 4k like nothing happened, i quadrupled my money. people are stupid.
hes probably already in.
i bought nio stocks today as my way of saying screw you too elon!
so elon says crypto isn’t good for the environment, as if launching rockets into space is eco friendly
its up to us a community to outcast him and take his power away. every youtuber need to bash and turn on him or at the least tell him and the community he has no say or control over our market. ✊🏾
would’ve loved to see his dumb face if he’d tweeted expecting a huge reaction and nothing happened. i’m hoping it will eventually get to that point. but yeah, stick with doggy coins, elon and stay away from eth.
ada to the moon
he’s probably buying it right now.
i was hoping he would only stick to btc and doge...
id like it if he bought like 1 billion worth
the fucker fucks spy everytime... tesla always fucks the spy making those retards to panic.
elon is an egocentric maniac. it will be his downfall.
elon needs to shut his mouth. he is just manipulating the market
in personally stay away from elon twitter , he’ll drive you crazy !!!! great day with amc tho!!! yay
either he comes onboard or not, it would not change eth trajectory in the mid-longterm
he needs bi-polar meds
he only said that about bitcoin because tesla was losing stock price. digital currency is here to stay because rich people need a way to hide their purchases! dogecoin went down...i baught more!!!
you're paranoid. enough of the elon musk obsession.
cry us a river 🤣🤣
eth is safe. cuz vitalik likes doge
i’ll choose my sleep over 🐶coin. even if that doubles it’s value.
youre kidding you're self if you think he does not own huge amounts of it. >one of the attractions of crypto was that it was supposedly going to empower the weak this dream ended when the first exchange opened.
he or tesla or any of his companies may adopt eth and i'll be more than happy. its the people that need to understand decentralisation and what it truly means. otherwise every billionaire adopting a certain coin turns that coin into a *insert name here* shit coin. elon turned bitcoin into a elon shit coin. x billionaire adopts eth might turn eth into a x shit coin.
no offense to this sub... but op you’re a clown. 🤡🤡😂😂😂 sounds like a lot of jealousy and resentment from someone who hates their life. 🤷🏻‍♂️👀
we dont share your opinion of elon he will be remembered as one of the most important figures of this century.
no, i wanna buy my tesla with eth
yea, im hoping he comes to cardano. edit: just waiting for the downvotes to start raining on me
wasn't eth meant to be currency and not a store of value?
eth is not as useful as quite a few altcoins who cares if it crashes.
elon will stay away from eth because the gas fees are ridiculous and cardano is better. with updates to eth maybe i’ll be wrong.
you are all salty bitches.
hi everyone i sent my some eth shares from trust wallet to bitmart two days ago , but i haven’t received them yet . it’s very complicated to get support by ether trust wallet bitmart apps. any one knows this issue please?
i'd rather he adopts eth
i totally thisagree with what you think of elon but the suits hate him and punish him for support of crypto coins. the suits are responsible for the negativity not elon. but for this reason i want him to stay away from eth!
007happyguy...more like salty guy, do you even realise what elon is doing for the future or are you just butthurt and naive because he says he likes doge and not your precious eth
elon seems to be bad for crypto. unless his plan was to crash the martket and buy the dip.
the way i see it elon can only manipulate crypto for so long. in a few years time either he will have got bored and moved onto to something else or like the little boy who cried wolf too offen people will stop taking notice of him. before that happens though, if he praises eth then good for the price. if he criticizes it then buy any dip.
i agree with you. he is a puppet with a large following.
your first paragraph invalidated anything else you might have to say on this. musk is a genius and one of the greatest minds of all time. his successes with spacex and tesla speak for themselves. he single handedly reshaped two major industries. his detractors are a sorry bunch of butthurt losers.
his twitter should be suspended 😂😂, he literally is manipulating the crypto market. 3-4 words and boom a meme coun rises and 3-4 words and well established coins drop down
so is btc and eth gonna freefall’s tweet about fossil fuels over-usage? should i sell, take the profits i made and get out of crypto for good?
you guys are idiots quite hating on elon 😂 he’s only one of the most richest because he’s an ass hole ?? come on you have to do better than that😂 hmmm do i want a rocket scientist on my side🤔 uh duh get over yourselves 🤙🏽💥🚀
shit. i was praying eth wouldn’t be “one of the other coins” he was talking about.
elon musk should be banned from twitter like trump
really? i can’t see any
what did he say about defi?
i'm down 11% on the overnight.
dips are around for like 30 secs these days
wouldn’t be surprised if elon turns into 2021’s mcafee or be smart enough to not get caught, who knows but at least mcafee was fun with antics and all the coke and hookers.
is there a way to get alerts if eth dips a certain amount over a time period? like 5% drop within the last hour. that way you can be alerted a dip is happening and buy in?
lol and buy shitcoins? or buy the tiny eth dip? i've been waiting to buy more eth and i keep missing the boat
set your limit buys at the supports and you’ll get eth on a thiscount!
buy the dip? transactions stuck in uni for 30 mins, coinbase and binance crashing with a 1% volume spike and a bunch of whales manipulating the market. this bull run had so much potential but every time we get anywhere some dick head ruins it
what apps let you do limit orders? i cannot on coinbase
wait until you find out about elections, and television...
so much for decentralized currency
firstly, it has not crashed. it swerved slightly because a child keeps on trying to grab the steering wheel. 10% off the biggest coins is not a crash. secondly, if it were legal, he could have the same sort of effect on the stock market. he's intermittently the richest man in the world and has a strong social. when he talks about financial things people will listen. this is not a good thing, but i do not think it highlights crypto's volatility as anything beyond what we were already aware of. this dip is more of an inherent problem with musk than it is with crypto, it is just unfortunate it is crypto he is using his influence on. now if you or me could have this sort of effect with one tweet, that would be a huge problem.
ah man kinda fed (recently) also crash markets when they tweet. problem is many algos overreact to bad headlines. i would say that’s best time for retail to buy in dips
crash the crypto market more like cause 3 months worth of trading over night aka reversing the entire emission reducing footprint of all of tesla
yesterday i had saw different narratives being thrown around here and discord’s i’m in. “elon musk dumped bitcoin and crashed the entire market!” “vitalik sold his shitcoins and crashed the entire martket!” “ethglobal scaling hackathon is over and there wasn’t a huge eth 2.0 announcement!?!” “s&p dropped 2% in a day! wish crypto wasn’t so affected by the stock market!” everyone acts like what they believe is important is the important thing, when none of these acts are why the crypto market is down. they all slightly contributed, but when we’re talking global markets, elon has so much less pull than this sub acts like
it was pretty well known that the crypto market was in a huge bubble. three weeks ago people were joking about this very pop of that bubble... i'm unsure why everyone is now surprised.
that tweet didn’t crash the crypto market. it could have caused a slight dip in btc itself but not the market as a whole. margin came calling for the shorters and were forced to liquidate. the bull run we’ve been seeing was them dumping their cash into assets that would appreciate so that when their bad plays on the stock market caught up to them, they’d have some liquidity. at least, that’s my theory. could definitely be wrong.
ikr this is what gets me so mad
his comment sending btc and eth downhill
its not that persons fault, its the fault of the whole crypto market itself.
that’s not really what happened though, a company stopped accepting it despite being a major adopter. that’s kind of different.
it's almost like we should not allow one person to gain that much economic power.
do you really think elon has the power to crash a 2.3t ? yesterday the feds announced an inflation rate of 4.3% (the worst since 2008) thus all markets are down (dow jones and nasdaq included)
why is everyone blaming elon musk for the volatility of crypto? are we the only two people who see the real problem?
oh, he knows. he's not stupid.
the sec sued mcafee though.
nope. he didn’t know til some drunk girl at the snl after party slurred to him something about how the energy needed for a single bitcoin transaction could power norway for a year, or something, and he said sure baby, let’s do something about that
i think he knew, and he did not really care. but at some point the ppl in his board of directors found out or some important shareholder came to him and said like: "dude, your crypto shennanigans are alright, great pr ngl, but tbf that shit burns a helluva lot of gas (or coal, whatever). so maybe we could uhm like not accept payments in bitcoin and go back to the good ol' american dollar aye?" and elon was like: "fucking idiot, but he is got like the backing of the board or ×% of the shares. well, i guess i have my twitter account to pump doge and i can go to a snl show whenever i want to dump it so, not a big losss."
he's certainly not some kind of inventor or tech genius like his fanboys seem to believe lol, but i expect that he knows how crypto works. even if he does not, his finance managers and advisors certainly do, and he is had access to those kinds of people since he was young. people forget how rich he was when he was born, that kind of money comes with a lot of infrastructure to keep it moving.
he knows exactly what he is doing, he’s been caught multiple times doing this with tesla stock and sec sued him for it. he is lucky he is not in jail same game he is now playing with crypto, his own cars use the same fossil fuel electric grids.
you are making wild claims
he’s way smarter than you and me. yes he is manipulating the market and making billions doing so. i think eventually the market will be less sensitive to his antics.
it was the big controversies around bitcoin in 2017 along with high fees and trasnsaction speeds. he knew, everyone does.
he's not stupid. he made 100m and bailed out of bitcoin
yes, he is clearly an idiot. anyone who runs only four or five corporations cannot be very bright. i mean a couple of them are not even that successful yet.
tesla made over 100 million in cash from their sale of bitcoin recently. making money off crypto is so much better than issuing bonds or more stock. wouldn't be surprised if tesla bought more bitcoin after it dipped again. easy cash for them.
come on bro, if you had a 13” dong, you would wave it around as well!
totally agree. it’s a sorry state of affairs if *one* tweet can move a *global decentralised* coin... i don’t think he did this to pump btc again - he’s already cashed out a lot and there is a floor given all the institutional money there. however it’s quite likely that he has been personally building up a stake in whatever he intends to pump next before tesla announces it and i’m hoping it’s not eth (although i did start wondering about the ...).
i believe it depends on where you say it. i've been consistent that he is a pos in every subreddit and it is usually on the "mainstream" aka frontpage ones that he is got the warriors in their shiny armor defending him. even though he makes the right decisions when it comes to tesla and space x, it got to his head and now he thinks he can improve anything. my turning point on hating his guts was when my home back in puerto rico suffered from the hurricane maria, leaving millions without electricity for several months. he tweeted that he could "help out" with solar power if the local authorities would let him, and he got the green light by even the then-governor publicly. he stayed quiet after that and did not help. it's like when someone asks you if you want a piece of your candy without expecting they will say yes. he's also made a lot of promises of bs like downloading your brain and implanting chips in your brain. he's gotta get his head out his ass. and finally, i hate how he is compared to the likes of einstein and fictional characters such as bruce wayne and tony stark. tony stark built his own shit. elon musk just has the capital to pay a bunch of engineers. doesn't make him any smarter than other exploitative billionaires. edit: and do not forget that one time he offered ti help the kids who got stuck in a cave, took forever to develop a solution, and some other guy saved him and elon called him a pedophile.
couldn’t agree more. tesla owner and long term elon fan here, seeing him pump doge and turn into an arrogant meme overlord has been a massive turnoff.
yes he shouldnt be encourageing poor people to gamble on memes
bruh, same. i wish he would stay the fuck away from crypto and actually help people like everyone is saying he does. like, really...what exactly has he done for people?? he's the embodiment of vaporware & trolling.
i thisliked him when he helped overthrow the democratically elected leader of bolivia in a military coup that installed a far right government that murdered dozens of protesters. he even admits it in the tweet below. what pisses me off most about elon is that many people actually like him, everyone hates shitty billionaires like jeff bezos but elon gets a pass because he makes jokes.
if anyone bought doge, then got burned by elon’s pump and dump... well... i pretty much lost empathy for them right around the time they bought doge.
i thisliked him when he said tsla was overpriced and then again when he lied about funding secured. once tsla finally traded at a reasonable price, i got mostly out of it. i shall sell the last remnants tomorrow. i've been accumulating gme anyway, which has much high upside potential.
sorry you dont have a sense of humor
how is he asshole? it’s unregulated market and everyone who are into crypto want only one thing - money without much work. when he doing it it’s called asshole and when everyone else then it’s fine? i can’t get the logic over here
i second this motion to second ops sentiment.
is that a coin i can buy?? :p
fuck elon. he embodies everything that is wrong with the ultra wealthy and that people idolize it is sickening. he lives in a complete dream world while normal plebs slave away and then worship him like they want to become him.
that was kind of my thoughts, it is a bit blind to think that governments and the superrich would just stand by and not ether stop crypto or that they wouldnt co-op it. to some degree you are going to have to make a deal with the devil, so your network doesnt get squished down to a fraction of what it is. in my view cryptocurrencies are more about avoiding the pitfalls and money pits that keep people from acquiring wealth, on top of providing global access to applications they wouldnt otherwise have.
i thought the same, based on that statement
you really think he needs fundamentals? you really think he does not know about the btc problems before he buy and support it? i really hope he does not touch eth
95% of my portfolio + margin but i have the strongest diamond hands. also i'm betting on tesla buying cardano
damn, i’ve been holding on since it was cheap. :(
that sounds like he is doing the narcissist thing where he kind of waves his hand in the direction of something and guages the public's response to it.
do you like mark cuban? bullish on eth
cuban said he’s 60% btc 30% eth 10% all other crypto
reminds me more of justin hammer.
they’re more likely to go after him for breaking security law on thisclosure for material non public information on the stock. having said that he’s shown that he can tell the sec to fuck off and they will do their usual thing of giving billionaires a hard pass and then going back to look for the little guy.
i understand. in the wake of the btc crash i was astonished by how many articles i was readying by people hoping this guy would pump eth and my literal reaction was wtf, i thought the eth community was smarter but maybe it’s just me. very glad to see that a lot of people see through his bs.
he deliberately fucks around with his followers knowing full well that it will mess up some people but like a good sociopath, doesn’t give a fuck and hides behind false empathy. it’s a sad state of the world that he seems to be worshiped like a messiah but leaving that aside, whichever coin he next mentions will rocket like crazy until he gets bored .
just going to drop this here.
right there with you. he's alright i think. would have dinner with him
probably not on the spectrum just using it as a cover
no but am thisappointed (and it’s ironic as i work in financial markets for my day job). the attraction of crypto and especially eth was the ability to create a new platform that wouldn’t be manipulated by a few entities and could be utilised for public good. however we seem to have moved in the past few years to a crypto world where most people don’t give a fuck about community, utility and support and only care about fomo . eth remains one of the few places which remains true to its original objectives and i would hate to see it become another btc.
an anti-capitalist in crypto? i thought i was the only one ♥️
pretty easy on coinbase, kraken, crypto.com (my recent favourite).
simple fact is that don’t invest more than you can afford to completely lose and you might see 90% of the aum thisappear... having said that eth has a solid set of fundamentals and we are back at where we were literally a couple of weeks ago, which is nothing. from a purely technical trading view, unless you see a pull back of 20-30% from a sharp peak then you’ll see a 60% pull back later on. fwiw the only time i was ever truly worried was the dai hack right at the start when eth went from . so basically relax, forget about it and in 6 months this will be a long thistant memory - unless effing elon pumps and dumps eth.
i’ve been in this space from the start and remember when elon was some guy running his mouth off about tesla and had no relevance to crypto. the only thing that tesla did was to validate the real world use but there was a bigger impact from institutional money coming in and the interest of the super rich. elon helped get the wsb crowd into crypto which might make some people happy but all they typically do is bring noise and vol. i find the moans from his fanboys who are crying about money they lost to be either bemusing or sad as people genuinely have lost a lot they can’t afford. elon clearly knows that he has an impact on his followers and is smart enough to play it. i have no problems with people who want to mess around with altcoins . they’ll all be taken care of in the long run. what bothered me was the instant fucking adulation from hordes of people that he might tweet eth and then the rampant noise . i can’t be bothered to reply to most posts as i’m not some child who can’t take feedback but i can say i don’t hold only eth - it went from 100% to 90% of my holdings as some of the other coins rose but i always focus on fundamentals and give any centralised coins like bnb or meme coins like shibu a hard pass (i liked the doge crowd before it went all wsb).
did you think elon was gonna come pick you up in a free tesla for sucking his balls here?
lol no everyone hates that fucking guy man
eth is a platform first and foremost.
elon seemeth to beest lacking valor f'r crypto. unless his plan wast to crash the martket and buyeth the dip *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
you never know for sure but from this thread i’m assured there are a lot of people who don’t give a fuck about what elon says. i’d be surprised if you would even remember this in a couple of years
of course it is, it is the coin and it is moving away from pow - so it is more eco friendly
they should give elon's account to trump, that would confuse everyone.
he should be in jail for market manipulation.
elon should probably be in handcuffs and in jail right now because he’s fucking with our money because of dumb followers continue to be dumb followers.
something on the lines of "don't forget about defi"
how much % up overall?
buy the dip and buy it faster!
best is setting up ludicrous limit orders around 10-30% lower than mkt price or set up tons of alarms 🚨 personally i prefer to set limits as i dont think well if im awoke suddenly at night
keep limit orders loaded. i monitor action daily and reset the limits when appropriate.
what causes that? i’m fairly new to crypto
limit buys are your friend. set and forget.
elon already manipulated the stock market when he tweeted that telsa was going private at . nothing will happen to him manipulating the crypto markets other than a lot of angry people with pitchforks when it goes bust... but he will be up in space away from the pitchforks.
can’t you just set a limit buy?
yeah you can do that on blockfolio and probably other apps as well
i wrote a script that does it for me because binance’s tool didn’t work. also, you can set limit orders at lower points (like the major supports). i often wake up in the morning and find out that i got cheap eth when there was a flash dip edit: here’s the link to a post i wrote about how to set up the script to text you on price changes:
can try to set a limit order at a price lower to catch the dip . i got some some d coin . and some times they happen so fast it’s no way you could buy unless you already have a limit order in place
i get alerts through coingecko and trust wallet
you can set alarms on tradingview
i use webull too
blockfolio app has precisely such a function
any investing app can be set to give alerts when stocks or crypto hit a specific price
basically any coin tracking app has features similar to what you're describing. some may be a bit different but "the crypto app" has alert settings exactly like you describe with very detailed conditional settings. blockfolio is my favorite tracker overall and may be just as good for alerts, but i have not looked super close at them.
to be honest i think shit coins are a healthy part of this process as long as your trying to learn how the crypto market works. if you are out their yoloing then idk what to tell you.
these boats depart like jet skis
as always the elite . and part fault imo : it’s the big players. once many of them got rich off btc . and that made so called small... hence we have mr musk !!
this is the worst take. the fact that it is decentralized is exactly why this happened! there was no central authority blocking sales or holding anyone's hand. humans are easily influenced and humans are what cause price fluctuations in crypto. this is "be careful what you wish for". decentralized currency did exactly what it was supposed to do. how do you have so many upvotes lol
>decentralized currency with centralized influencers
defeatism is for the weak. crypto is young and susceptible to manipulation. paper hands got shook, fundamentals stayed the same, true believers didn’t raise an eyebrow. musk is a boomer pretending to be woke.
people claim that it is problematic that a tweet can move crypto but tweets and rumors regularly move stocks. look at gme, tesla, cciv...
the legal consequences will rain on him he can’t just reverse his efforts in emissions overnight without jail time
i bought a part of etherium in inr for 52k now its around 47k can i expect a value of 70k by this june or july ...i'm kinda scared if it will go below 45k which is not my risk appetite
he'd be able to have a similar effect on the stock market if it was not illegal to do so. everyone already knows crypto is volatile, but he has massive influence over it and uses that power carelessly. people can thislike him doing that while still being well aware of crypto's volatility. you're not some sort of oracle for "seeing through" this.
he knows...and he is not stupid. he's banking on everyone else being dumb. but he is a piece of shit (as he keeps digging up the earth with gear that is fossil fuel run and using up water to make his batteries).
elon will do anything to impress a girl.
his girlfriend probably gave him shit for it. i think he is more impulsive than people believe, they imagine a long term evil master plan but i don’t think there is. he likes to make bold snap decisions. but he has thought deeply long term only about a few things, namely spacecraft engineering and to a lesser extent, auto manufacturing. his decisions elsewhere aren’t so great often. remember when he had a fit one quarter over operating costa and decided to suddenly close down all the in person tesla sales locations, saying everything will be online? more sensible people walked him back from that after a few weeks. i think the same is true with bitcoin, he saw it shoot up, become memeable and wanted to attach tesla to it for more free publicity. he gave orders to get it working right away, and then only later did people who had objections start to get through. particularly in europe the energy consumption of btc would probably turn otherwise environmental drivers off tesla.
he's smart, but he is not some kind of tech guru. he was worth tens of millions of dollars from the day he was born, he was raised with his family's business connections and advisors, his father bought him a board seat on paypal (making him a "founder" lol) right out of college. he has a lot of people helping him make these decisions, and no doubt he has highly skilled cryptocurrency advisors mixed in there. a multi-billionaire with a team of money managers is not going to be clueless on the asset he is investing in, or at least, his team would not be.
sometimes you wave it on accident. someone calls your name behind you and you end up turning around too fast... 5 people get knocked over by the whiplash of your donger
if you had a long dong you wouldn't feel the need to tell everyone. if you have a elon-size micro shrimp dick you'd want to tell everyone how huge it is.
i think it has such an impact because crypto as a whole is still looking for the first really major headline adoption use case. we have defi, but it is not quite as snappy and headline capturing as tesla accepting btc. as soon as any major announcement from a global brand or household name comes along (or is yanked away), it will have a big impact, for now. once use cases are more prevalent then the price will be less volatile and harder to manipulate in this specific way.
> one tweet can move a global decentralised coin this indicates bubble territory.
im outta coins, otherwise i would award this comment.
tbf he founded a shit ton of companies and is throwing money at the brain implant thing
but dogecoin has always been a meme... i don’t get your point, it was literally created as a joke...
and not just that but he’s also a science denier. when the covid lockdown started, he did everything in his power to convince the govt that tesla is an essential business just to get his . fucking greedy ass bitch
there was that and the time he got upset when the thai rescue team for the kids in the tunnel told him his ideas won’t work. hiring teams to dig up dirt on someone who called him out made him look like a c***.
i literally explained why he’s an asshole in the post.
i’ll buy that coin cause i believe in the tech
mark cuban is a whale that is an expert at riding the ocean currents and does not get nearly enough credit for doing it. early into the dotcom bubble. early to exit with massive profits before it burst. early into btc and early into de fi. he also stepped in and offered the retail investors advice after gme crashed. offered words of consolation, dropped some investing pearls of wisdom, and what he believed the next big thing to be (de fi) which won him tons of points in my book. which was his point of doing it. once again expert at riding the currents.
i was unaware he was into it! that’s a great name, but still, somebody your average person might follow, like barstool sports and their base.
my only exposure to elon was jre i don’t care much about him 1 way or the other
this! ...i just wish him and his nuthuggers would fuck off to mars already
ya he’s a horrible dude, haha.
but carl. volatility is how we profit. you know what has 0 volatility? your bank balance
but being volatile at 75k is a lot better than being volatile at 4k...
fair point. and the post was intentionally provocative. but writing it for fun made me realize: elon interest for crypto is growing, he is not new to "internet money", he does not play for participation trophies and he has a history of starting his new endeavours by joining similarly minded people, groups, entities then pushing his own thing once he makes up his mind on the path to follow. interesting times ahead.
i work for a large tech company, nose dived into crypto and still hate capitalism, but that does not mean i wont try to wield it to benefit myself during this short life on earth! life is one big oxymoron.
bro, this group is full of haters, you people hate everything that is not ether, stop with that
just remember no matter what the libertarians say (or trumpers for that matter) it is ok to both benefit from and actively oppose the economic system you're trapped within. not everyone has to be a ted kaczyinski to oppose a damn corrupt system!
thanks idk what is better cryptocurrency or stocks 🙃🧐
i understand don’t spend what you can’t afford, i am comfortable off but... i’ve made a good profit and don’t have really in depth insight on how to watch the trends or keep up on current events, at work i can’t have my phone around me throughout the day so it sucks. but i very much appreciate the tip! imma just hodl because i’m not paper hands 😂. thanks man!
a platform for everyday currency with everyday uses
can the coin ever be pos?
i mean i know i was still praying me would move to cardano or some shit coin.
it's not. that's why ethereum fell with bitcoin but cardano did not. pos ethereum is a long way down the road. but cardano is already there...
youre evil. holy, do you want to see the world burn?
but never let him identify himself.
"despite tesla's bad press of late covfefe"
oh goodness can you imagine if elon fans found out they were praising trumps tweets. people would die from the cognitive thissonance
that would set the worst precedent for market manipulation in history. everyone that tweets about something is now manipulating the market? that is a very bad idea,
73 upvotes... ridiculous. the reddit crowd is always a little woke but i hope for better from the crypto crowd
more like using a privately owned public facing platform to purposefully and carelessly influence a multi-trillion dollar financial market affecting the personal finances of millions? i honestly do not think he should be banned, but the person you replied to clearly was not claiming he should be banned because they did not like his opinion.
right. and nothing should be said about a guy who can cause a market crash with a single tweet. freedom of speech is sure scary when someone can destroy peoples livelihood with a few key strokes.
big american tech thats who.
i know, it is ridiculous. this is exactly why the blockchain's consensus protocol has to be hard enough change to be resistant to social activists and the mobs they rile up.
who decides? is this sarcasm? if not, let me answer it. the platform owners control what should be allowed on their platform. this is a non-government entity. it literally has nothing to do with free speech. no one is trying to stop anyone from having their opinion, just where they can broadcast it.
exactly, he is already the richest man on earth, why he do this???
the whippings will continue until morale improves!
less slow... more fast
not as new as yo mother *** ^i ^am ^a ^bot. ^downvote ^to ^remove. ^[pm]( ^me ^if ^there is ^anything ^for ^me ^to ^know!
a number of variables. right now, extreme volatility with so much taking place across the world right now. crypto gaining a ton of popularity with increased market caps, crypto vets placing buy orders on dips, and douche bags like elon manipulating buy. it’s a pretty wild overall environment right now. if you don’t have a high risk tolerance, best to sit out for a tad until the dust settles (which could also never happen).
how do you know what the major supports are? sorry if that’s a dense question!
is it also possible to let the raspi send an email to my gmail account instead of an sms to my phone?
that’s a generous take and i like it
i messaged you cuz you didn’t work. i’m new to reddit responding
nobody has won just yet. a lot is still shaping up.
it’s how the universe works. the pareto thistribution.
i made a stupid sarcastic comment mate, not a huge researched statement i dont know much about crypto in general and always heard decentralization should lead to stability because no one should be able to tank it like this no need to be condescending, get off your high horse and maybe inform some people instead of "this is the worst" and "how does he have upvots"
i mean that is in many ways problematic too... it's also different when so much influence is in one person's hands.
yesterday i went to sell what's left of my tesla stock but it turns out tesla stock is hit harder than btc (over the last few).
bro dont you know if you're rich you do not go to jail?
best advice is just to hold on. ethereum's doing very well at the moment. no one can say where it will be at in a few months time, but it is likely to rise nicely. even if it went down to 30k inr (unlikely) it is a pretty sure thing that it would rise right back up again and beyond at some point. hold and be patient.
not saying it is not significant, but in crypto a 10% drop can happen on any day with a "y" in the name and does all the time. it's sort of what you sign up for.
i agree he definitely uses his influence carelessly, but that is not the entire story. the crypto market is full of speculation, speculative traders and newbies. it's a house of cards to social media influence. while this new money flows in to whatever is hot right now, the educated investors (hodlers) are simultaneously continuing to stack their positions based on fundamentals. when elon tweets, panic ensues among the newbies. however, as we've now seen, the hodlers have bolstered their positions via thiscounted paperhanded shares. and so the house continues to build. or something.
but i don’t see popular reddit posts about the real issue, basically just seems like it’s turning into a hate storm like twitter and facebook. anyway, doesn’t matter, hating on people seems to be the default for online activities these days.
> as he keeps digging up the earth with gear that is fossil fuel run and using up water to make his batteries of course... how else are you going to harvest the resources to build renewables? with people hand mining with pick axes? any transition to a new power source needs to be powered by the old power source.
doesn't he use child labour to mine cobalt?
this is my take. he doesn’t even understand crypto. he thought the chart was pretty. that’s why he is all over doge it’s about the social media following. he spends real time figuring out how to go to mars and twitter time making money to fund going to mars. it’s really too bad the sheep following him and hedge funds use it for manipulation. he really is bad for crypto and i’m pretty sure many just wish he would stick to what he knows.
the paypal board seat is completely wrong. he created zip2 with his brother and sold it too compaq for 300 million. people forget that any smart person with a computer in the bay area during the internet boom could have made a fortune. don't need any rich parents for that, just some coding.
only dudes with small dongs say that, haven’t you run around the house doing helicopters before?
what? hes talking about elon
yeah, he called a hero a pedophile because he lived in thailand. i’ve vacationed in thailand and i haven’t seen shit involving sex work, las vegas is literally full of sex work and i’m sure elon visits there all the time.
there's a new coin already on bsc called fuckelon.
why do you think barstool sports fans wouldn't follow the frikkin' owner of the dallas mavericks??
he’s pretty famous, he’s a tv business man! haha, i know what you mean though, for me i’m glad with where we’re at, and i’m new here.
hope portnoy does not get involved. he always makes the worst moves
it is so obvious that musk fomo’d in and only later realized btc is an outdated platform. he got in way late and now says it sucks, he may as well write noob on his forehead
lost too much money on memecoins. i cannot wait for the messiah to come while my money burns.
i have both- they’re not mutually exclusive. only put in what you can afford to lose and ignore the froth.
my other advice as a long term (and ordinarily silent) hodlr is ignore terms like paper hands and diamond hands. the wsb get rich quick mindset is more likely to crush you in the long terms. if you’re worried, reduce your exposure to an amount that you would never think about and go stake it in eth 2.0 in an exchange like kraken and forget about as then you’ll literally be locked out until the new version is released.
i doubt eth will be targeted by elon.
why not? that's the way i see things going.
because if there is one thing he is known for: is his ability to be subtle and not take credit for something, regardless of merit...
people are frustrated . horrible price action recently and i do not think it is over yet. i think btc could drop to between 32 -35k, dragging the rest of the market with it. i'd be surprised if it drops below this but you never know. hopefully this would be an attractive price point for institutions to step in and buy.
it wouldn’t be so asinine if people also kept that same energy when he pump tweets it’s only the dump tweets that are called manipulation, wonder why lol
is it musk's fault that people trade off his tweets? people also trade off what buffet says, director buys and sells, what world leaders do etc. what is your point here? he should not tweet this opinions because people react to what the second richest man in the world thinks?
the platform owner decides. ah, ok. yet i'm sure you'd be the first to complain about a christian backery not backing two gay people a cake. (and rightly so, as it is thiscriminatory). but according to you, it is their business, so they can do what they want. right? how about having some respect for freedom of speech and not being a censor for your own political leanings? it may not be a legal obligation but it sure as hell is an ethical one. it sounds like you'd be happier in china.
because he can, and in many cases he is deep south gov haha. we really don’t have time for all of his shenanigans right now. and it’s 50% elon and 50% his followers. but to accept bitcoin then turn around and say nvidia isn’t supplying us with enough chips and shut bitcoin acceptance down... that’s kinda shitty.
look up fibonacci retracement, it is a mathematical way to infer where the major support lines are. on tradingview there is a script 'auto fib retracement' that does it for you, but it is best to look it up so you know what it is doing. it's also best to mess around with the deviation and depth settings to get an idea of how it changes the support lines. i made this script too that combines auto fib with 3 moving averages and parabolic sar into one indicator so that you do not hit the tradingview indicator limit:
yep! that’s even easier. all the variables are editable, so you can just put your email instead of your phone number
tell us all man cmon, everyone loves a good tale
yeah wtf tell us lol
shove you useless comments up your ass.
exactly. this is just the predawn of the crypto age.
somebody was condescending to your "stupid sarcastic" comment on a topic that you admittedly do not know much about? the logic works out on that one. i did inform you :d
that's my point really, everything you've said is correct. it's a more volatile market that others, but it is also got musk coming along and shaking it up without much care. don't forget a lot of the panic-sellers after he tweets are the same people who bought in because of him in the first place. it'd be a smoother more stable rise without him. he's not destroying it, but he is still causing trouble and it would be better if he did not.
then look harder...or basically...just look. just a few days ago there was a post regarding inefficiency of pow which was massively upvoted, not to mention all the others that pop up from time to time.
that's more of a reddit problem than a crypto problem. there's still good thiscussion here, but stupid stuff gets a lot of upvotes and gets in the way sometime. i'll take this opportunity to say again, moons are proof that rewarding people for popular content destroys the quality of what gets posted.
the argument was that then he should not complain about crypto using power since it is becoming more environmentally friendly as well.
that is not end to end renewable. which is the definition of renewable. once you burn fossil fuels, it does not renew. come on, man.
fairly certain that is a myth
i’m sorry, i just thisagree. nobody could possibly think dogecoin is nothing more than a meme’s what elon is playing into, he’s just having fun.
yeah i don’t mean anything against him. i would just love for a person as well known as elon, too throw some love towards ethereum. mark is a successful business dude, and well known in that world, but i don’t think the average social media person is aware of him.
or it could just be a way for him to dip the prices and buy tons only to pump it later with tweets
take a look of the doge community, we dont hate others coins, even i like ether, thats why i follow this group, but i dont have enough money to invest in ether, but now i only see too much hate here, just saying bro
yea i never thought about that!! thanks man’
trump is the least racist and most humble person he has ever met! he said it himself dude
>"elon musk should be banned from twitter like trump" >i think it is pretty clear what he meant. yeah, pretty clear to me that it was not just because they "did not like his opinion". that's not why trump was banned either you know? i'm not from the us, so not 100% on this, but i'm pretty sure most cryptos are not classed as securities and as such the sec cannot do anything about it.
‘if’ there is market manipulation. what he did is the definition of it. he purposely sways opinions of assets he owns. ‘let the sec decide’...pure comedy right there.
elon cucks are out tonight .
personal gain will do wonders for what people are willing to overlook.
absolutely. i was going to say the same thing. i'm a btc bull so obviously i'm a bit miffed about this sudden change of heart but it would be hypocritical of me to say something now because i had nothing against his pro btc tweets!
they are all market manipulation and should be treated as such.
cool. i’ll play devil’s advocate. sure, what he did wasn’t market tampering, right. but let’s say one should have enough awareness to understand the ramifications of their actions. and one should be a responsible adult and understand when their behavior will have a massive negative impact. i will continue to practice those things even though my actions don’t have such sweeping effects. but elon? you’re right he doesn’t have to do those things and no one has any right to control his behavior.
did i panic sell? of course not. am i invested beyond my means? of course not. i will hold my shares and coins for years to come. but everyone else isn’t as well informed or didn’t come from the circumstances i came from. and it’s the governments job to protect those people. such a pompous and entitled view point. anyways, putting my hard hat back on and picking up my hammer and pipe wrench as i have a well to finish drilling. have a good day.
why do you want to control what a business should and should not do. why do you hate freedom so much? are you also against reddit banning people? different subreddits banning people? thats facism if you want to control these entities and what they should and should not be allowed to do. most of us prefer the free-market.
damn you're really bending over backwards to twist the spirit of what he is saying. your example is thiscrimination, where the customer is the one being hurt based on an orientation they have a right to have. a more appropriate comparison would be refusing service to a customer who would not wear a mask during a pandemic, because the behavior of the customer **is dangerous or damaging to others**. frankly i do not think it warrants banning elon from twitter, but elon is not the victim in your comparison.
why the fuck would i want to tell someone who they have to backe a cake for? are you an idiot? the fuck kind of shit is that. all you inbreds can do is scream something about china when backed into a corner or make insane wild accusations. i'm not the one wanting to regulate someone's private property. you know what country does that right? get your communist ass out of here. we like freedom in america.
interesting, didn’t know about the nvidia part
you sir are a hero im always hitting the free limit on tradingview
works like a charm, thank you!
i messaged you theory
i messaged you theory.
leave your stupid comments in your pocket!!
crypto world is still shaping up and it might be some time before it stabilizes itself and not depend on the words of a selected few. im very new to crypto, only started reading about it. but from what ive learnt in this short span i feel people need to stop looking at it as an easy way of getting rich but rather what purpose it might serve in the long run. that way they will be more confident of their investment and not depend on some billionaire tweeting random stuff.
i hope you are right, i don’t go through everything every day, i just jump on do a quick flick through and i’m not seeing much outside of “to the moon”, or “doge is bad” or the old “elon musk blah blah”. i get it, doge is a joke, but i gotta say the subreddit has very little hate, i like the community at least :-) bunch of happy hopefuls.
whataboutism is a logical fallacy. he's manipulating the market, but he is not wrong
it is not, but they are trying to move away from cobalt
rich dude having fun and playing 15 year olds into losing their pocket money. super fun dude yeah.
i agree! hes not a household name. glad he’s into eth though!
my mom knows who mark cuban is but has no idea who elon musk is.
he literally said “we are looking into other cryptocurrencies”… edit: to be less of a jerk
you can buy fractional shares of ether. i think the schism is between established coins vs meme coins which more closely resemble payday loans or ponzi schemes. they’re designed to fuel the rich with crowdsourced money from the poor. and when they’re ready to cash out only the wealthy benefit. it’s a hatred that comes from that sentiment no one hates you or doge holders as people directly.
people tell him all the time. which people? all sorts of people!
nice contribution to the debate
but bro, did you also object when he was hyping btc? or are you only throwing your toys out of the pram because he is suddenly gone cold on btc? his irritating doge comments aside, how is announcing that tesla are not accepting btc anymore for cars due to environmental concerns "market tampering" or "toxic"? you may not agree with his stance (as i do not) but he has a right to his opinion. are you suggesting that he is trying to manipulate the btc price? crashing the btc price to buy in cheaper? if that is what he is doing, you have a point but it sounds like unfounded conjecture?
so you are advocating a sort of nanny state because people cannot be trusted to make up their minds about information and need big brother - sorry i mean the government - to protect us and tell us what to think? bro, that book has already been written. it's called 1984 and what you're describing is the ministry of truth. see how that ended up. i do hope your well went "well".
he never suggested he wants the government to prevent these companies from banning people. he simply thinks they are not behaving in the interests of society, even if he defends their right to do that.
>why do you hate freedom so much? this post was so thisingenuous. is this what passes for debate to you? pathetic. all you could do was dog whistle "fascism" yet you conveniently ignore the fascism in a monopoly on public thiscord. you're not in it to debate though are you? you \*know\* you're "right" and we just do not understand the "big picture".
yikes! all sorts of things to unpack in your hate-filled post. suffice to say, it was entirely void of any intellectual debate. just the usual ad hominem attacks. it seems i touched a nerve! wow! the irony of a guy talking about liking freedom in america yet calling for someone to be censored as they do not care for his opinion. "no one is trying to stop anyone from having their opinion, just where they can broadcast it." oh wait, it is not really censorship though since you only want to control the platform he can talk on, not the speech itself. twitter's reach is too great, but a small corner of the internet where less than 200 people will hear his views, that is alright. absolute clown world 🤣🤣😂
yeah i was very happy with myself when i figured it was possible. it's reasonably simple though if you have any scripting experience, all the source code is available so you just copy and paste the built in indicators into one file. i've got an indicator with 4x rsi charts if you want it.
cool! if you’re using it, i’d love to hear your feedback or let me know if you have questions
it is not whataboutism tho? tesla uses traditional fuels to make ev, crypto uses pow but is getting to pos. i agree that is how progress is made but i think it is morally questionable to talk shit about it when he does it himself. but yes he is manipulating the market.
a 15 year old gullible enough to be buying dogecoin should not be investing in the first place.
adults are more likely to know mark, but if somebody that the younger generation follow closely were to sing and praise about ethereum, it would only help.
elon musk is not tesla though
i think anyone that has the influence he does should keep out of it all. i don’t own btc. i don’t own doge. most of my holding are eth and ada and i pray to god neither comes out of his mouth. good or bad. is it possible he crashed the market to increase his position. absolutely.
you seriously just jumped to 1984 (typical libertarian). wow. i literally have no response.
no, it does not pass as a debate, because it is not a debate. private property rights have long been established to take priority over your dumb ass feelings. deal with it, snowflake. you guys simply do not have the right to use other people's platform to push lies and fear. no matter how much you losers kick and scream, you will not force your facist communist ideas on us. go to china if that is what you truly want to happen.
the fuck are you talking about? i want to control nothing. i am literally taking the stance of not forcing anyone to do anything. for someone who screams "china bad", you sure sound like you want america to be more like china. you sound like you want state run or at least state controlled media. that's what you are proposing here. that idea is soundly rejected in america. we have never been or will ever be a communist state as you are suggesting we move toward. just for the record, you would be ok with the government forcing you to allow someone on your property screaming pro china shit even if you wanted them off? there is no difference here. private property is private property.
will bitcoin ever move to pos or anything of that nature?
pissing away vast amounts of electricity on randomly guessing numbers is criminal, and that is exactly what pow cryptos do.
yeah, so!? even if you are right with this statement, elon fooling them into investing does not make him a cool person.
that is a fair point, although when he said tesla sold to “test liquidity” i was suspicious… i honestly hope he is just seeing the writing on the wall
same here re positions. 70% eth, 20% btc and 10% ada and other coins. you may well be right that he crashed the market to increase good position but then again, he is the second richest man in the world so is it likely he would resort to such shenanigans? unlikely. probably a more mundane reason for his change of heart e.g his pr team said it was not a good match or the carbon credits were under threat.
sorry bro, but if the shoe fits... you have no response because deep down, in your heart of hearts, you know what i said to be true.
>"property rights" > >"you guys" > >"push lies and fear'' > >"facist communist ideas" > >''us" > >"go to china " my god, shut up. **there is no "us", you're projecting your retarded american problems on me and the rest of the world.** you're just triggered that someone dare speak against "your culture" so its you, that has "feelings" dumbass\*. they are talking about the risk of **charismatic characters influencing blockchains** and you're crying about china and fascism. its pathetic. more over its pathetic that you do not realize fascist states are often run by charismatic characters who whip idiots into a frenzy. i do not give a fuck about twitter (or its corporate rights in america). i, nor my government (laughably) use it. what they said stands. >**this is exactly why the blockchain's consensus protocol has to be hard enough change to be resistant to social activists and the mobs they rile up** **you** are the riled up idiot. whom, comes from a right wing nation yet thinks they can tell the rest of the world how to be on the left. you're exactly the type to get morally goaded into being a useful idiot because of your need to identify as a "leftist" against the "fascists". only americans see these things as opposing global forces. it's americans that hear public healthcare and some how froth about racism. it's americans that hear protection from mob rule in cryptocurrency, and fly off the handle about fucking cake shops and corporate rights. (this was your trigger right?) well guess what stupid, blockchains and their administrations are often corporate entities too... so, because you might not understand what that means; they're under the same protections. but news flash... and i know as an american this will shock you! those laws do not apply globally. crazy right? the rest of the world is out there; not following your laws. how does that make you feel?🤡
he’s not fooling anyone dude, he’s literally shitposting on twitter. that’s what twitter is for 99% shitposting.
you are arguing for regulation of a private entity. again, answer my question. do you think you should be forced to allow someone to come on to your property and scream pro china stuff? or do you think you should have the right to kick them off of your property? just answer that question. it does not matter if you do, we already know the answer to it. i am not attempting to restrict someone's speech. they can say whatever the hell they want. i am saying, and america has taken this stance, private property rights are a thing. this is not even a matter of freedom of speech as you inbreds are making it out to be. freedom of speech only applies to the government's ability to regulate what we say. no one is saying he cannot say whatever he wants. what you are suggesting is we should control a private entity and force them to allow people on their property even if the owners do not want them there. tell me again, what country does that sound like?
i'm sure that is not its main use. elon is a dick for sure.
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you can also lose money all day as opposed to half the day.
the time wasted on social interactions can be spent fantasizing in silence about eth reaching .
i cannot relax with friends or family knowing that i can squeeze extra money by staring at the charts as hard as i can.
why to be with friends and family when i can be fu*ked 24?
what's crypto without the anxiety and the roller coaster of emotions?
it's like a family, except every member is the crazy uncle.
where would we be without the thrill of having to tell everyone you need to return their christmas presents
fuck spending time with friends and family they don’t understand crypto
why would you trade! hodl!!!!!
sometimes crypto feels like one of those fantasy tales where you make a deal with a pixie but the hidden catch is that you end up being consumed by your obsession with the lunacy of their alternate reality.
there's nothing like the anxiety between the time you wake up and the time you check your portfolio. eight hours of sleep could be a game changer...
friends? lol, i do not have time for friends. ^(except for the friends i have in this sub, but really they are more like family)
yes well, the downs are like dad is murdering the family and the ups are like everyone is on drugs and having sex together. which would explain why there are so many retarded inbred tokens and coins spawning when the bullmarket heats up
and on weeknights, and weekends. after 4pm and before 9am. >:d
0x80b589... [tipped]( you 1.0 donut!
you can do both with crypto!
if y’all remember the us thanksgiving of 2017 we finally got a huge bull rush after months of sideways. shit was wild
yes! agree! than drink beers and eat bbqs.
or stare at the graphs trying to mentally will the price to go down so you can buy more.
i also dont have to worry about pdt rules and not being able to manage positions premarket.
i’m sooo happy i canceled federal holidays
1st activity sounds much more profitable...
that’s what i like about it too. crypto never sleeps!
no days off let’s get this bread
"hey why are you all quiet?" "hehe nothing... i lost 10k in profits today hehe"
so true . i bought 2 more bigscreen to have the market ticker on every screen in the house. wife wants a divorce now
looking at superpay, this crypto is sponsoring the big fight next sunday.
emotional trading at it is finest.
but i like spending time with my family 😂
what’s good coin to buy
just like vegas. casino is always open!
crypto, destroying families since 2010
wanted to pay it forward and let the community know about a project i’m really excited about. a bunch of whales just sold out of home coin, while the number of holders are growing like crazy. this project is blowing up quick and it’s a great time to get in. helping the homeless and headed to the moon! thank me later.
yeah, or maybe it is better than stocks because people with actual day jobs can trade when they are not working.
love this comment plus you can lose money even during holidays
how about this :- ignore once in a month dip like women ignore their periods 🩸.
safebull to the moon 🚀🚀🚀🚀🚀🌙🧐😎
new decentralized exchange on bsc with huge apr. the website has just been launched.
also you can lose money on the weekends
need to learn how to short sell buy when its low and sell when it is high but you gotta keep your eye on it constantly
does talking with charts count as a social interaction?
sir, this is not called fantasy, that is an omen
this one hit home...
crypto is live 24x7
only 40k? you have no imagination.
don't need social interactions if you cannot speak with people
good point, i sent my gf on vacation to have more time for charts lol
gotta put those eyes to some work
and always on the hunt for another airdrop...
checking your graphs every 10 seconds every day instead of 5 days a week
wherefore to br with cater-cousins and family at which hour i can receiveth fu*k'd 24? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
yep. i think that is the best case scenario for the current state of things. months of boring sideways action in the -.
i think siperdao was partnered with unido which partnered with bridge mutual to buy provide coverage to the platform. maybe i can try their router soon.
i have been following spdr too, they have upgraded their router now i.e. wallet is integrated to the router as it plays a crucial role in the dao governace model. bandwidth monetization(selling unused bandwidth) is a unique too. though it is still on papers but after these things will go live then it would be rewarding for the spdr investors!
that way you can be forced and liable to pay the max amount of taxes at the end of year. love it!
only if you're dirty talking to them.
as long as we're fantasizing, let us just make it a cool million.
i heard jamaica was a good place to send your unaccompanied girlfriend. think thailand for women.
not a financial advisor and i know it might be superficial investments, but i think a lot of this meme-money stocks are getting rich in fiat and are likely to head towards other popular ideas to invest in namely ethereum and probably dogecoin. i’ve been buying a good chunk of both thinking the lift off is happening this summer!
is there any other way to talk to charts?
yea, you want to go down hard one more time do not you, dirty little wyckoff.
dot is going to -end & bnb to -.
i've caught myself screaming at them.
that was pretty funny
hodl’ ing in a corner
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nah, i never gave a fuck about whatever he had to do with crypto in the first place. he's always been a manipulative attention seeker and for some reason its as if people were expecting him to be different once he entered crypto.
as a fellow crypto nerd, can i suggest stop including elon musk as one of us? he's just a twitter fingers. i do think that the more he posts, the less people believe him about crypto now. i've noticed some friends on my fb change their tone about him.
here for long term and dca so... i’d say i’m “unfuckable” lmao
without elon my , i cannot believe he would do this to my portfolio.
what i really want to know is, why the fuck elon has such power to just power the market like this? people should not give a single person that power.
i'm glad elon has not interfered with my investing strategy of putting all my money in eth and not listening to billionaires in the meantime.
y’all hatin on elon when he’s just thishing out the black friday thiscounts
i wanna be fucked by her
people call crypto "nerds" virgins? i gotta tell my wife, the kids are not mine!
gotta give it to elon, he is responsible for people who thought crypto is infinite money glitch getting their first reality checks. what an inspiration.
i didn’t even get dinner 😂🤷🏻‍♂️
well, my bf has been asking if someone else was fucking me...
no lube or nothing 😞
wait wtf has he said now 😂
guys, these drops in crypto have nothing to do with elon or china. they are just the big banks and hedge funds pulling equity out of the market by selling off large chunks every time that you gain momentum. until the moass is over, they are juat going to keep robbing you of every new penny that you invest. hold and stop investing new money until this is over. *this is not financial advice *
today????...elon musk should be in the sex offenders register for all the times he has ****ed crypto this year alone!!
who are all these 10
there wherent fucked by elon. they fucked themselves by paying attention and selling. "fucking" yourself doesnt count as losing your virginity.
i saw way back when everyone was hyped about elon’s tweet that someone made a bot everytime he tweets something and instantly buys bitcoin. i guess that bot still being used today regardless of his tweet if it’s bullish or bearish. i think that’s the culprit
no irene, crypto market stability does not equate to sex
ada to the 🚀🌕🌝
i mean, she isn’t wrong.
i was hoping for a good drop. what's -8%? lames
musk is the perfect example of why eth and other cryptos will never be seen as anything more than a joke
are you guys still paying attention to that fool? 🤦🏽‍♂️
only a loss if you sell. he just gave us an opportunity to buy more on the dip
you are not fu*ked until you sell :)
not i you rely on him i buy when he does stupid shit!!!
this is nothing compared to the other week.
didn't even buy me dinner! i feel so used.
what did he do again?
what was the tweet?
i think we can just generally view this as opportunities to buy in at lower prices. if anyone truly believes in a project we should really almost be thanking him for the chance to buy the dip.
sometimes hardships need to happen to change our perspective and drive the next generation of innovation. if something as simple as a few tweets from a single person can drive the crypto market in bull and bear runs then shouldn’t that emphasize the current weakness of cryptos in general? 1. a societal problem presents itself 2. we create a solution and implement it 3. another problem presents itself 4. another solution gets created and implemented so forth and so on...
i do not think it what he said, it is being an irresponsible ceo. elon musk cannot manage tesla he crayfishes after 1.5b spend on bitcoin asset? he new the landscape pre purchase. he's mad china is not buying his car. like a mad child bringing his misery to all of us. i just hope he is removed from tesla soon and the world focuses less on him.
elon may blot out the sun with his memes….but we will trade in the shade. spartans hodl!
only a fool is shook by celebrity tweets. if you had a real understanding of the shift that in happening in the world's financial infrastructure. you would be thanking elon for manipulating the masses and creating nice buy opportunities across the whole crypto market (because when bitcoin dips, most other coins do too).
[hacash.org]( hac (currency), hacd (pow nft diamond, indivisible scarce asset) and btc (divisible scarce asset) three pure pow coins form a monetary system based on market supply and demand rather than algorithmic and central control.
stop talking about him then! ffs give it a rest! just ignore him and stop posting pictures of some insignificant person tweeting about him!
i thought this post was going to be about valentines day.
elon is not very influential with crypto
can’t stand that man and the people who follow him.
not getting that roadster anymore f elon, make his tweet worthless. hodl
he needs to get on a rocket and clear offffffff.
why would a billionaire attack an asset he already owns? to drive the price down so he can buy more. it's pure market manipulation and he should be in prison.
that happened a month ago. this time it was break up sex.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 3 acronyms.) ^([thread for this sub, first seen 4th jun 2021, 14:31]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
ethison musk, even his family name refers either to a swamp rat or a notorious arm (-et). neither a good sign for a benefactor. however, within five years bitcoin and ether will obtain an aggregate market cap that will dwarf his contribulations to ethison musquito.
my eth is staked in 2.0. i do not even look at the price anymore. although is a good time to buy. not a financial advise. eth <3
the elon tweet caused a little minor blip and it is coming back
any crypto that needs a elon to work is broken.
elon needs to work overtime to get those crypto prices lower so i can buy some cheap coins.
what the fucks he done now
who is this thot ?
why does he even fak around anyway?!
we should start shorting this motherfucker's stock.
everyone who has invested in crypto seems to get fucked by him at least once a week for the last month.
is this really a instagram model looking like girl who speaks about neardy crypto currency things ? am i dreaming ? we found a unicorn for the science !
oh looks another karma farming post about elon. i love this sub. so much to do with eth trading
why is elon even still being acknowledged? he’s way too up and down on what he blows out there all over the media!
lost my vcard to mr.musk
the fuck did he do now?
there will be an end to this influence of elon on crypto. people would start neglecting his tweets about crypto
that’s a fact 🥺
it’s time to stop caring about musk. he needs his one billion back because his stock is about to nose dove and he knows it. also, if your not long on crypto, it’s time for you to leave as well. we will catch you on the next cycle.
why is everyone worried about a 4 percent decrease?
yep. this sums it up. 💯💯
can’t ever see a mu—-ker doing good good cause everybody wants to bring em down, get a life
elon likes to f&?! 2 at the same time (cara and amber) that didn’t work out either
what did he do now?
just read the comments on his tweets and 80% it are people blaming him for losing their savings.
naw my wife and her boyfriend f me first so i’m used to it 😝
he’s just a guy that has little man syndrome... want to show how badass he is.
who cares about em's bumper stickers?
only the ones who let elon inside their heads
no ones going to complement her for her amazing colon.
just when i think i'm out of this hole someone (not something) ****s it all up again.
i don’t know, i’m still dollar cost averaging and personally accumulating more, so artificially deflating the value is advantageous to me.
idea, when we get f’ed, let’s just all go get some ourselves! we won’t check our phones until ‘half-time’. 😆
only dropped , autismo losing his touch
bro every time it starts making a bullish signal this piece of shit ass whore post some negative ass mother fucking shit about bitcoin. in return my crypto goes down with it. elon musk i hope you can hear me, i would like nothing more than to punch you right in your temple
i got into crypto because it was volatile. why people playing crypto if they want it stable like stocks?
market doesn’t seem that down…what am i missing?
i'm far from an expert but, plan your trades and have patience. invest in the coins you trust and do your homework. don't panic sell or panic buy. then you would not care about elon or any of his tweets.
you ain’t never lied about that! how can one of the richest people on earth be starving for attention all the damn time?
well, i have never been more proud to be a virgin because i bought dogecoin.
who still listen to elon musk ?
not really buying it. when trending memes share the same target i get a little suspect of the overall narrative.
not gonna lie, she had us in the first half.
but not raped...because you cannot rape the willing.
she is not wrong. what a turd with a captial t
i thought we all agreed not to use his name and address him as crypto karen.
stop making elon the bitcoin god. bitcoin strength really can’t handle a tweet? or scrutiny? you didn’t complain when he tweeted the way you want.
the bigger question is why so many people value elon's opinion?he did not build his fortune on crypto, he was already a billionaire, he essentially threw in the equivalent of what we have in our couch cushions into crypto. how any of this makes him the crypto authority is beyond me. if you are taking your advice on crypto and stock from millionaires. crypto millionaires are built through long term investing, for the most part. this is the advice that you should seek out, people that have made millions in crypto from scratch.
i cannot be the only one who had my sell indicator almost 2 hours prior to the tweet. he's more and more irrelevant.
elon is the most important person in america. he can’t really do any wrong if the worst he does is tweet about dogecoin or not accept bitcoin as payment. i feel like some of the people here have lost sight of what he does with his life. he certainly doesn’t just think about crypto all day and sit on twitter. he’s doing the most and people will cry about the smallest thing he does that they don’t like. it’s genuinely funny to me. this is probably the 100th post about him “ruining” crypto and he literally didn’t ruin it. we’ll be back to pick all you boys and girls up who bought in before the dip just be patient and keep shit talking elon, that’s a good way to spend your time
she mean today as in like by now ? or sumn from today
its time to stop concentrating on the ripples instead of the splash...elon is hype...whats going on in the real picture?
the more he tweets the more he is destroying his brand. a broken heart emoji is going to be tesla’s new hood ornament. time for elon to grow up and stop playing with his ego in public.
still following elon musk when you can have your own due diligence on some cryptocurrency with multiple utilities around it like udo token
still cannot rap my brain around why people react to wtf elon musk tweets.
entire crypto community should ignore elon , he destroyed his entire reputation. guess who owns all the tesla stocks and are aspiring to buy tesla cars? it’s not the boomers for sure. crypto people never forget he is making a big mistake here
fuck, let’s get a vote to ban elon from twitter.
got us in the first half, ngl
i don’t understand why everyone os allowed to tweet and do whatever. and people like musk are not. isn’t this a double standard? 1 coin of whatever is still 1 coin of whatever. on the short term its not relevant what happens. keep sight for the long term. besides if something blows over with the first blow. then maybe it wasn’t build properly to start with. a house doesn’t fall apart with the first gust of wind. become the brick you want to see in the foundation that will stand no matter what. when a stock halves in price that means that only half of it is build properly and the other half was just pilled on top. its not the faults of the likes of musk that the prices drop. its the fault of the people who look in the mirror and see someone who doesn’t have trust in their choices. blame that person first!
this twat gives terrible advice lol
dogecoin for the win.
just go 100% dogecoin and forget about it.
i do not know man. seems kinda gay to me
why he has to do this
elon tweets have less and less influence on crypto
how tf you stake btc
i hodl because i'm afraid the market will go +100% seconds after i sell, but same principle.
2 things i will never do: 1) sell crypto because of an elon fud tweet 2) buy a tesla
it's the easiest way to live your life too.none of this elon bullshit.
if you *literally* cannot sell, then holding is easy! i have part of my eth in staking for this very reason.
buying a chevrolet bolt suv ev today!!!
good strategy! how to stake btc though? 🧐
easiest way to lose your money too, as you just gave away your private keys in return for a non enforceable pledge that they may give them back to you in 3 months. or not, as the entity (presumably blockfi) you gave your keys to, gave them to yet another third party, unknown to you, for reasons unknown to you, with a collateral (or not) unknown to you on terms unknown to you. but hey, what could go wrong?
dang, staking 8% incoming dump,eth at 100% thiscount
i guess that means you’re still a virgin then
how to staked btc for 3 months?
where do you stake your btc?
where can you stake btc? and what rate? i just use celsius for 6.2% right now have not seen any staking worth more than that anywhere
you cant stake btc. the fact soooo many upvoted means most know shit about crypto.
whether i’m staked or not, i won’t sell because someone on twitter influenced me to do so! never heard of such bs in my life. i used to be a fan of elon a while ago, but his blatant manipulation is ridiculous at this point. it’s like going from a 24b networth to 150b networth has *changed him*. also, tsla overvalued, .
wait you can choose how long you stake your eth how does that work? i thought you could not touch it until 2.0
how can you stake btc if it is pow not pos
nothing like going balls deep on a billionaire's with 3 months of crypto experience advice on memecoins and then blaming him for it.
exactly. the richest man on earth is not using twitter to help *you* out...
agree with you on that
paper hands will fomo when eth ,000 and bitcoin ,000. *every damn time.* *this is why the stock market is known as the greatest transfer of wealth.*
agreed. just wish the markets would too
well said. let's just say i am happy to have vitalik and the rest of the dev team.
he's just another bezos. it's taking people way too long to see this.
i think the elon influence is dying out, and i couldn’t be happier. markets still strong after his latest “sent from my iphone”
the less we talk about the guy the better, he just needs to fade into the background and become white noise; i honestly can’t even understand why people propped him up on a pedestal like his opinion held any sway to begin with to be honest i’ve only ever noticed it was those that were extremely new and inexperienced in crypto that would talk positively about him in the first place
agreed. let's all leave musk behind.
adderall brain and twitter fingers are not a good combo, we should have this figured out by now. though i have to admit i wonder what dumbass thing he did that i missed. dude did like a reverse bezo, he started off basically unknown, his paypal partner was more outspoken and got all the hate, then he blew up everyone loved him as the telsa of our time, then jokes about him trying to return to his home planet. then he turned out to be the ethison. now he is just some twitter troll personality. makes me wonder if the adderall has taken over and is driving the rocket at this point or if he is working on something he knows people would not like and is doing jazz hands on twitter. (side note: i do not know he if he is popping adderall like tic tacs, it just tracks which how he says he brain is always racing with ideas. also do not want to be sued for defamation by a billionaire.)
probably nothing, but gotta get those retweets somehow.
canada united states mexico
thinking the same! trying not to see any of his tweets anymore...
i do not know what he said, but he took my precious virginity.
dunno, probably some loser
>long term and dca dca, hold, and set laddered sell targets. that is the wei.
this is the way. dca aint nothin 2 fuck with 🦾
how on earth you have been in the market since 2018 and still getting fucked is on you not elon.
walao that’s the best time to enter crypto lor please
because we worship billionaires and all the people who are new and don’t know shit are buying or selling based off this cuck
because a lot of people write bots that trade off his tweets.
100% agreed. this podcast goes deep into why stanning all these billionaires is a terrible idea
*the clock’s ticking, i just count the hours* *stop tripping, i'm tripping off the power*
i see eth going up, not understanding what's going on here. buy the dips fools.
wait wait wait a minute. you mean it’s *not* and infinite money glitch? damn.
what what!? i can’t just use crypto to double my money every 20 minutes?
time to fill the bag a little more and stack agwei
did you sell? otherwise elongated musket didn’t destroy anything for you
straight up raw sharding
you’re allowed to swear, it’s not illegal!
lots of them on the tweet machine. just look out for the gaslight accounts that are 100% some dude in his parents basement
it’s her job. they hired her for this specific role for a reason.
i got my 9, so they exist. i don’t know how to keep them though lol
only a loss if 't be true thee selleth. he just gaveth us an opportunity to buyeth moo on the dip *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
glad to see things holding up well.
what's so good aboit buying cryptocurrency? too many paperhands will never get crypto to the mooon or develop into a currency. it's acually a terrible investment. 😉
nay ones going to complement that lady f'r that lady most wondrous colon *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
[hacash.org]( the hac follows the fibonacci amount cycle and produces 22 million hacs in 66 years at a rate of 11235885321 per block. in addition, the total number of hacds is 17 million, which is indivisible and is a store of value collection. the hac consumed by the bidding will be destroyed after 30,000 diamonds, and the highest bidder will get the right to cast the hacd. when the price of hacd increases according to the market demand, the demand for hac for bidding will increase, and the more hac will be destroyed, thus driving up the price of hac. when the price of hac rises, bitcoins will be transferred into hacash to increase hac to balance the price fluctuation of hac. when the value of hac decreases, bitcoin transfer decreases, and hac can be used again in large quantities for bidding on hacd to raise the value of hacd. and when the value of hacd decreases, down to the bidding and mining cost, it will stop the output of hacd. when hac is recognized and the channel chain settlement network is formed by the market, hac pledge can be obtained on the channel chain with 1% annualization and the output of 1 per block after 66 years to meet the monetary demand of 2% economic growth of gdp. as the value of hac decreases and the scale of settlement continues to expand, hac will be pledged more in the channel chain settlement network, which in turn forms an increase in the value of hac, forming a monetary system where bitcoin is transferred singularly, hacd bids and channel chain pledges change, and market supply and demand continues to regulate itself in value.
elon is 2021's mcafee. surprised he has not said he will eat his dick if doge goes to .
elon tweets have only influence on the degenerates' army. and he is losing his soldiers slowly over time.
as said by vitalik. the the market will get immune to his schemes
he is losing respect and influence both
i cannot understand why everyone thinks he is galaxy level genius anything. he's a scheisty clever person. that is it. it does not take super nova iq to be clever... fuck... if i had his cash... \[ insert i could do better insult here \]
true. over time, this influence will be zero.
it's good to see how people become more critical about him, yes. i am just glad we have someone like vitalik and the rest of the dev team!
*lent to a defi liquidity provider
guessing he has crypto dot com since their highest yielding earn period is a 3 month lockup. the app starts at 4.5%, with the rewards program you can easily get it to 6.5%. a big account is paid 8.5% for btc
you can use blockfi or celsius to gain interest on btc but it is impossible to stake because it’s consensus algorithm is proof of work and not proof of stake. pow has miners and pos has validators that stake on the network
savings in a centralized exchange, or as wbtc on ethereum.
the upside of fomo!
thanks :) it’s the terminology crypto dot com uses, i understand it can be confusing.
i‘m just a virgin with little money sir. in the future i‘ll get a physical wallet of own too. not your keys, not your crypto.
crypto dot com lets you choose between flexible (withdraw at any time), 1 month or 3 months :)
crypto dot com 4.5%, there are other platforms out there. staking is the term used on theirs.
crypto dot com 4.5%, maybe not the best option of all but i don’t have much and this is convenient :)
it’s the terminology crypto dot com uses, i understand it can be confusing.
on crypto dot com, staking is the term they use.
the problem is trust. most people think tweets are bs, but they sell because they anticipate the dip.
this the terminology crypto dot com uses, i understand it can be confusing.
there's literally people writing bots that trade off of elon's tweets.
young hot female tweeting, expect nothing of value from her words. edit : ah shit here comes the downvote spree again 😂😂😂
are you secretly telling the world to invest in cummies coin?? shut up and take my money!
guy who thinks to control crypto like paypal
isn't he that one pr guy that tesla fired after he over-used twitter?
you gotta wait at least 30 minutes.
she need some other work ? i have some
she found someone with more eth...
then don’t invest. everyone has a right to an opinion. and you should invest fully knowing the risks
>elon is 2021's mcafee i love that parallel
it would double overnight if he said that! lmao
it would be double overnight if he said that! lmao
he is tryin to dump everything else an pump doge coin cause he has heavy interest an inside knowledge , if not more
i love that he said that on live tv. vitalik is such a cool person.
what is wrong with dude? seriously erratic behavior for a while now. i feel like he’s having a drawn out meltdown he’s bizarre *this goes beyond his crypto shilling
but making money on the way though...
i think people are not as driven as elon, so they lie say this will have less influence. it's sadden me see community that just stills her with they are tail behind they are legs. ok it is ok talk about defeat, yet alone drag someone name. he earned his place non of us will, does not have to do shit for us, yet alone try? like where your spirit at? go back to that first moment you first traded, fucking hold on to yams moment, first time thinking of unlimited possibilities, we got this, so get up support people that give a fuck, if that was you, would you try to help if people just thisrespected you? na most of you walk away that is the difference between normal and greatness, people do not have vision, they hell lack patience... even in this crap storm i still would fight even if you turned your back. i believe...
the muskrat is just a person that wants to be seen as tesla, but he is actually ethison.
he literally started out working in the mines in south africa and went on to build his own rockets because nasa tried to fuck him on the price when he went to buy them from them. the guy figured out how they build rockets, replicated the process for cheaper, and then sold them the rockets they wouldn't sell him. not to mention paypal and tesla are both booming successes. the man is more than just clever.
that’s correct, i used crypto dot com for this one at 4.5%. i understand the terminology can be confusing.
thx, i knew that. thought that guy hat some 4d tactics figured out
so they use the wrong terminology? yeah that sounds like where soneone should put coins at.
this becomes a self fulfilling prophecy. hopefully people will stop doing this because they are actually contributing to (or perhaps now even causing) the problem we are trying to avoid. just ignore these rediculous tweets and stop giving him power.
you sound super bitter to the rest of us lol. sorry about your failures leading you to misogyny.
i bet this man shits his pants regularly
nah bro, elon tweeted about breaking up with bitcoin. it's right there on his page. imagine being so misogynistic *and* so wrong.
>ah shit here comes the downvote spree again what do you expect when you say something moronic
she is the cmo of konomi network, and you're just a toxic loser that everyone reject. go outside and stop hating everything you're jealous of
boy do i have this 2018 chart to show to you.
we’re still best friends and talk almost everyday. she hooks up with various guys, but she hasn’t dated anyone since me.
cryptocurrency will be slow moving at best. too many bail with a !!!!
mcafee is legit a super villain. too much bad press on him, ask yourself. why?
vitalik has no chill. he will legit call people out and speak his mind.
too much coccaine me thinks along with an unstable personality and ego. remember a year ago he was spazzing out about the lockdowns? “free america”
his behavior is erratic because he jumped from a 24b networth to 150b networth. he must think he’s some god now because of all the numbers and his millions of followers.
the sad part is, so many people would not understand what you mean by "being ethison"...
he is a piece of shit like ethison. but ethison was still smarter and invented some things.
lol...yeah he was there with a pick axe digging away...you a wack ass heaux
and he did that all by himself... he did not hire thousands of engineers who did the real work or anything like that... next you're going to tell me steve jobs built all those iphones too. he did not build a damn thing and still does not have a clue about rocket engineering if you asked him. money does not mean intelligence. it gathers intelligent people to you, as long as you pay them well enough.
yeah. he figured all the rocketry... suure buddy... sure... he has very good acumen for business, that is it. he has a lot of money and can leverage that with very good results (for him).
he was fired from paypal and had nothing to do with their founding and little to do with their success. he bought tesla and all of the technology. i agree he is clever, but he is getting a lot of undue credit. which is exactly what he wants, he is a narcissist, hence the doge play into crypto... the next booming technology.
> he literally started out working in the mines in south africa lmfao his parents owned a gemstone mine in apartheid south africa, he did not "start out working in the mines" jfc the guy has said he walked down nyc streets as a teen with emeralds in his pockets. real rags to riches there.
funny you think he was actually in the mines. i could picture him franticly and thoroughly searching the corpses of those his family used as slave labor who died in those mines for emeralds. that i can easily see.
keep sucking that d, he would not give you a job
blockfi, celsius, gemini, etc
accurate bet my nibba 😎
nah bro, elon tweeted some shit and btc price barely changed. if you call that « being fucked by elon musk », i don’t know what you think about the previous events...
brother there have been people that profit in the millions with an 8k investment. is not all about money. try to read on what blockchain technology is and what it could actually do for the work. is just at its beginnings
because he is a cunt?
agreed. something is just not right with him it’s been obvious for a while.
yeah, spazzing out because government was killing the economy with zero evidence that it would be successful. and it turns out, they weren't successful, and there is still zero evidence that it would be successful in the prevention of the spread of any virus. elon has had his fair share of doing dumb shit, but this was not one of them.
although if you google it the first thing you find will tell you
the guy can be a genius when it comes to rocketry and robotics while still being a total idiot when it comes to common sense. look at ben carson. the guy is a genius when it comes to neurology, but believes the egyptian tombs were used to generate power. same with steve jobs. a master salesman and getting people to realize his vision, but died because he was taking holistic medicine.
totally agree... way too much credit. i give him credit for being good at manipulation of people to give him money.
because he is intelligent and free thinking. that does not agree with the status quo. edit: mcafee is blamed for pumping doge in 2017 and now sitting in prison. elon pumps all sorts of stocks and tokens with immunity.
why because he has an opinion? the idiots are the ones who buy and sell on his word.
if i told you, you'd probably snitch.
do you even downvote bro ?
i own some of it. i think is a great investment. you just need to be able to hold for a couple of years. keep in mind that you could lose money. but with time itll go up as the network becomes more valuable
yep, this right here
im not talking about his posts on crypto specifically. he’s just, well, off. has been for a while it’s almost like an act
sounds about right for someone who has not yet built anything and hates on anyone that does. did steve job invest the iphone? no should he get credit? fuck yes.
this dick is not gonna suk itself you know...
he’s on the spectrum. i know many people like my daughter who are on the spectrum that people say they’re “off” because they don’t think like you does not make them off. clearly he’s a billionaire
and you know fuckall about who i am and what i've done. lol. but keep making assumptions about people on the internet because you do not like what they have to say about your hero.
anyone? no. elon? yes.
i think it is more the blatantly criminal market manipulation that is upsetting people rather than him missing social cues. i'm neurodivergent too but as far as i know i'm not loathed by millions of people because i do not make my money off child slavery and theft.
never said he had to think like me. never said he wasn’t a billionaire. never asked about your daughter either. he’s still off and he’s been erratic even malicious for a time now. maybe you don’t see that at all.
elon got the funds and a network of people to build fucking rockets. again, what have you done? yeah, he is making the world a little better, tesla patents are open and free to use. is that bad? resuseable rockets seems like a waste of time and money right?
that’s because you’re not known by millions. people just love to be offended these days. and where on earth did you concoct that he was a thief and using child slavery??
no he hasn’t. you don’t like the market? don’t play it. crypto is no different then the stock market. the people with money control it and the people with very little money gets screwed. don’t blame elon musk because you don’t know how to play their game.
lol can you read? i specifically said unrelated to his crypto shilling. when did i ever say anything about not ‘liking’ the market?
could you explain why? help me understand, please... i do not see the point if he came from money or not. i believe his good out weights his bad. help me see your side.
oh i can read. i can read a little man such as yourself trolling or the tempting to troll a billionaire because you’re jealous. boo-hoo
well, the explanation is elaborate but i'm sure you'll see plenty of similar sentiment here.
i see nothing besides 'fuck him' he's a mad man but who is not? i do not think because he came from money he is any more or less of a man. seems to be elon is doing more positive than negative, please change my mind. also business is business, make some more money if you know how. wheres the hate for the ceo of j&j or nestle, actual evil fucks.
he's a great businessman. that's swell. his cars are cool. but the man himself as the emotional intelligence of a 12-year-old, and his followers are some of the most toxic cultists i've seen online. combine that with his ridiculous behavior on twitter and what appears to be blatant manipulation of the crypto market for his own purposes, and i'm not really a big fan of the guy. he's a hypocrite and he is not the next bill gates or steve jobs. they had intelligence and wit about them. elon has an online cult.
. vitalik 's new nickname is "babe"
so that’s the wife’s boyfriend i’ve been hearing so much about?
mila is hot and all, but oh boy, the boner i got when vitalik showed up
i sat up really quick when vitalik somehow appeared like batman. i have some questions, but the video was effective.
ashton is big time into the startup investment game and has been for at least a decade. he's invested in many startups through some major venture cap firms and has built incredible wealth. he is very tech savvy too. basically the exact opposite of his character kelso.
fuk... nice one. no need to through millions in advertising campaigns. 👌
i just love how vitalik explains. but i cant get over him being called babe.
i double and triple checked the fact that vitalik was hanging with ashton and mila. so good
what an epic plot twist.
did better than i would go mila lol
wtf is vitalik doing there 😂😂
looks like he is being held captive and forced to explain ethereum
clear case for r😆
oh yea, the big v turns up when you least expect it
omg - did they really just summon the great and only?
i was like damn she gets it but when vitalik came out of nowhere i burst out laughing and fanboying hahahahahaaha
this made me hard! i always liked mila and aston. also like vitalik. unexpected to see the three of them together.
that was unexpected af… it’s like vitalik stopped for tea!
never thought that vitalik was out there. he gives a nice speech though for his beloved ethereum.
all it needed was for red to lean in and call someone a dumbass for not buying the dip.
my future imaginary wife talks like mia and knows everything about decentralization,,
mila is totally third wheeling
i'm so turned on.
omg that’s so cool
they still look like in that 70s show
hey ashton can we get a decentralized uber where drivers set their own rates? thx
didn’t ashton go on ellen show to promote ?
just 3 billionaires hanging out.
its the top isnt int
"it is like, what information's stored on." you mean like facebook, twitter, discord, etc... like, later, there will be no more paper money that leaves no trace...? ... so nice i am cheering too! (of course there is money to do with it before but... they have bring the point and everyone is still cheering, those js own everything lol)
mia? who is mia🤷🏼
why isn’t ashton talking about xrp anymore?
i don’t know, influencers and crypto aren’t a good match so far
last time i know he was a xrp fan.
i feel like asthon could hurt credibility... guy does not have the best investment history
she knows what she is talking about!
that was epic!! vitalik 2024 🚀🚀🚀
some serious advertising here
jebal!!! tas tak vitaļiks jebal vecais tu man sapisi 6k € investmentu es tagad pelnu 100€ menesi. man vajag tikai 5 gadus
she is a good sport
this is maybe one of the best vids ever!
when vitalik is coming up it is just another "breathtaking" moment ... epic👍😻👍
the guy he tells you not to worry about.
i'd like to know how the hell this came about. did ashton call up his agent and was like hey i'd like to know more about that crypto ethereum, agent i got just the guy you wanna talk to! 2 days 6hrs and 32 minutes later vlad's chillin in his kitchen.
biggest plot twist of the year so far
yes i know. he’s my babe too
vitalik is the ultimate babe
lmfao that was great!
could you imagine sitting there watching this being like, 'man, i love mila kunis' and then this vitalik shows up? i could not imagine a better twist
„yeah that makes sense“ lol
did not expect that
kunis' answers were good too
not my proudest fap
so vitalik is ash's new bae eh?
omg that absolutely insane hahaha. best video i watched for the last time. love the face kutcher makes in the end lol.
i wonder if ashton is looking at using a blockchain in thorn.
so awesome. love ashton and mila, and then brining in vitalik for the sneak attack!
wow that made me emotional. that kid is a god damn king among men.
best that 70's show guest appearance ever.
it's mila kunis ... not mia
the perfect plot twist
mila & vitalik have that russian connection as well.
not the biggest fan of ashton kutcher, but vitaly 'vitalik' buterin is one of my role models lol. i'm russian and the name 'vitalik' is kinda funny when you refer to a very important person haha.
dude, where's my vitalik?
looks like we got ourselves a new hyde!
this is so cringe. i am long eth and love the tech, but i feel embarrassed for these people.
man crush for sure
on dax shepard’s podcast, they both go into detail about it. probably a big reason for the recent increase lol
that definitely took me in for a surprise
i’m still so in love with mila.
kunis has like a an nft project or smth like that ...
this is incredible, but would have been so much better if mila started to say what ethereum is with vitalik interrupting half way with “shut up meg” and then explaining it...
i do not know what i want more... a girlfriend like mila, or more eth
mila is a true win for the community, but ashton can stay at doge... .
ashton kutcher is a very smart man. one of the first investors of uber. the dude just knows good startups when he sees them
simply put: crypto needs a buff. his drone has unmatched utility in br mode but against anyone who knows his kit, he becomes a useless pick for gunfights. especially with the new legend coming in, seer, who also uses drones and can detect enemies, crypto will be even more overshadowed unless he gets a considerable buff next season. i really hope he does.
fun fact: ashton kutcher translates to german as "real coachman"
funny he talked about decentralisation...
mila ya daft cunt
a good old threesome.
i watched the video and i was thinking that i cannot wear that top. i am a guy and i just like that top
alright now i’m gonna take loans to buy ethereum.
this is possibly the greatest advertisment for ethereum i've ever seen. (or the most manipulative shilling depending on your perspective) ethereum devs could have spent millions with the top ad agency in the u.s. and millions more to thistribute it and it wouldn't be nearly as effective as this which cost nothing. do you think they knew this when they made it?
this great promotion. bullish
i'm sure he said it in the simplest way possible 😂
okay please change the thumbnail it ruins the surprise!!!!!
why is reddit not working
yup eth to 10000 :)
looks more like kevin malone then asthon kutcher.
wen moon ! babe!!!
vitalik must of took off the gimp suit before they went live
this is so perfect!
this is a shoe-shine boy moment
i laughed so hard when it panned to vitalik. so unexpected. that was so good
i see kutcher and kunis and instantly think 'bath day'.
crypto jumped the shark years ago. now it has jumped the meg.
uh oh this is not good, after the wework docu the last person i want to see involved with vitalik is assthon
ashton and mila are almost like mocking him for being such a nerd and pretending to understand what he just said at the end there. even though what vitalik said was super basic and easy to understand with barely any difficult technical lingo at all.
hey all! i wanted to reach out to all you fabulous peeps and ask for some help! i am a 1st year kindergarten teacher trying to get my classroom up and running. i’ve taught special ed. for 8 years and made the switch to having a classroom filled with my own precious babies. if your able to, please take a look at my classroom wish list or pass along to any companies. much appreciated!!
i got so excited when he showed up
i’m glad i watched till the end! pleasant surprise to see vitalik there!
lmfao😂 hey babe, wen moon?
"unicorn master" suits better
soo, whose the bigger “babe” here? mila or vitalik?
slavs are hanging together
what do you mean, "new"?
yep, now everyone envies ashton for having the best wife's boyfriend.
i hope my wife gets a boyfriend like that
vitalik is handsome boy
you low key just said what we were all thinking but we did not even know it.
i wanna speak with mila about criptos
i honestly thought it was clever quick pan editing until the end when it actually looks legit
he’s definitely an impressive investor! he actually is the owner of his own investment firm a-grade investments, and the firm has been early investors in in spotify, uber, shazam, couple, soundcloud, muse, and airbnb. the firm mainly takes part in seed and series a rounds.
light that ashton kutcher, i'm a limit pusher.
yeah, he came by a startup i was involved in to evaluate it for investing. he is heavily involved in researching emerging tech and is definitely far more tech savvy than a typical hollywood actor.
more like walden schmidt.
he actually gives back alot to the world too! it's so weird that media kind of never talks about him
this is 2 1
ashton kutcher has been promoting ethereum since 2015
its amazing how much eth has grown with small advertising.
he definitely *is* a babe
what a combo tbh.
it was worth every damn second
when someone does not understand ethereum, ethman shows up to explain it all
fucking teleported in a bet
the guy tethleported there.
he’s honoring a legacy ethereum classic smart contract that was set back in 2015 where if jackie and kelso thiscover what crypto or eth is, then he would visit them to confirm and re-validate their findings.
i do not mind being held captive by mila kunis and ashton kutcher tbh
was literally about to tag that sub reddit. this is more unexpected then half the sh!t on there
damn did not read down far enough. posted same
i always forget she was meg lol
cant say the opposite.
ripple labs inc probably stopped paying him.
maybe he cannot or should not while the legal battle is still playing out
in defence of ashton, he tweeted about ethereum back in 2014. he has never really been hyping it in the public eye either. it's not like he is going all floyd mayweather or logan paul where they are just promoting whatever garbage they can just to line their pockets. ashton has a genuine interest in crypto and does not let it dominate his online presence.
i wouldn't call him an influencer with regards to crypto, at least not in the traditional sense. he's been investing into it since 2013 i believe, and overall he is been relatively quiet about it over the years. the guy spends far more time actually doing things than talking about it. (see his work he does with sex trafficking). from what i understand he would sooner "influence" on blockchain as a technology than pump a specific coin.
mila and ashton are not influencers. google their relationship with crypto. also, they’re very intelligent and down-to-earth peeps…unlike the other ppl that are pushing scamcoins rn.
true but this couple is lovely.
he’s been in ethereum since 2013 - he absolutely stomps the investment acumen of 99% of this sub
i could be completely wrong here, but has not investing made him stupid-rich in recent years?
dont be a negative nancy, nothing in the vid to show what youre saying lol
... when he appeared in the frame under the nickname 'babe'
i was bummed it showed him in the thumbnail for me
lmfao, i literally readed this comment 2 seconds before he showed up and i got so excited aswell.
bout time smart hollywood showed up. ...and take it easy on the boy genius. remember he is our boy genius. ashton is supposed to be one of brigher individuals in hwood so it is no surprise he hooked up with vitalik. ethereum is going to massive... ashton needs to do an intelligent cameo in the up coming ethereum documentary too.
i love that guy style, looks like a humble and dedicated guy to his project.
so who is having the boating accident now?
b u l l i s h
he calls him babe so...
it is what it is, bro.
it am not gay if the ass is phat
i've got your answer: this guy fucks.
he’s also an early investor in xrp, and other crypto. but i believe he partnered with xrp via his investment firm.
not weird. he and mila do a great job of staying off the paparazzi radar and controlling their image in the public eye. smart kids for sure.
usually you have to look in the mirror and say "ethman ethman ethman" though
thats what we got, cannot complain.
he spawned out of the ether
"i'm tellin you man, things are gunna change soon. money is just going to be taken away from the man and put into our computers where we'll have the power!"
please do it! haha
so vitalik and his handlers are paying him now?
kutcher does his research.
has come a long way from “dude, where’s my car”?
yeah. mila and vitalik are great.
what does this sub have to do with whether or not it is a good idea to have kutcher endorsing eth?
i was not really talking about his crypto, i like him generally but he has been involved as a media face before for companies who turned out to be scammy. we work for example. he also runs. he's a good guy. i just personally do not associate him with good business sense. based on people's reaction here, looks like people like his involvement so that is great.
hey babe, you smiling ??
it is what it is, babe.
flat? lmao we constantly joke around our friend being so thin as having a flat ass
probably paid extremely well and only has to show up a few times to read lines
the public network was 2015… ethereum was funded by crowdsale in 2013-2014… kutcher has tweets promoting it in 2014
aside from the fact that the company you mentioned is about to go public and has been thriving after repositioning
it’s “phat”, not “flat”
at this point they let her read her lines from a portable booth set up in a beach house
yeah, but he was with them when it was a scammy money pit
that’s true yeah not the best look
my dad got tired of my eth shilling so he left me for another son.
i hope my children gift me 37k for father’s day one day lmaooo
just spoke to my dad and he said i should send him all my eth and he will send me back double the amount, i love my dad.
if eth hits 10k this year, the amount i gave to my father will allow him to become a hundredaire.
i'm more impressed by the fact that your father's day present was ,000 us dollars when you sent it...
i hate to tell you this but i am your biological father.
jesus. how much money do you have to be gifting 37,000 for fathers day. did you buy him in a yacht for his birthday?
11:11 is a sign
can i be your father...luke?
my mug seems kinda shite now:(
shit even back then 37k is a hell of a gift
sent at 11:11 none the less- how spiritually elevated of you.
if you give him 's day, what are his birthday and christmas presents like?
what a gift, well done. i'm glad for you guys.
are ya winning son?
are we seriously still in denial about this bullrun being over? i’d love to be proven wrong but 4 times bitcoin couldn’t hold 40k and now even at the current bottom there is no buy pressure.
man must be such a good feeling happy for you man
who tf has 37,000k to just give out for father’s day?
i suddenly have room to adopt one more kid into my family. let me know if interested... that's awesome though. how long does he plan to hold? my dad could not resist holding his magic internet beans past .
what an emotional news! i may not have done it for my dad, but in the future i will strive to do it!
came to say 11:11... but seeing as how it is been said... anyway, my birthday is coming up, friend ol' buddy ol' pal 😉 lol. just kidding, congrats on this tho!
“i will have made my dad a millionaire” if he knows how to hodl
maybe he will get new mommy
congrats man— i hope your father hodled! stake that eth and let him retire! live off that passive income
i will be your father for a tenth of that
hi son, it is me, your dad.
main actor nice work ... i could never do that unless i kept the paraphrase hes fukin hopeless my old man. i am however doing the same thing for my kids , nephew nieces the kids get it not the amount your moving just a startup.
post like this are the reason im in this🥳
i got my dad a new garage door opener.
well happy father’s day to this man.
that’s awesome! well done!
good for you and your dad. love to see it.
i've been thinking of adopting. why do not we talk. in the mean time we can get the ball rolling by sending me 100 eth.
you sent your dad nearly ,000 for fathers day? jesus dude, you're making the rest of us look bad.
this is fucking legend status
that’s incredible. he must be so happy about it
may i please adopt you, son?
wow- what a great son
damn you gave your dad 35k for his birthday
what's the chances you'd be willing to send me a 100 eth for my cake day
hmm. looks like it still pending.
why are you posting this everywhere?
dads are overrated. still i plan to buy my parents a house and buy him a truck but thats just me
fuckin awesome dude. i hope to do this next year
omg i want to be a dad too
son we need to talk.
saw the pending message in the bottom and thought you’re still waiting for that transaction hah. anyway, this is pretty awesome! congratulations!
hi son, it’s dad.
is he still holding tho?
i have some bad news for you
nice! 100 eth 4 years ago was also a big gift. your dad is lucky!
is that paypal? you could use paypal to buy and send crypto in 2016?
hi, yes, this is your father. i require more eth please.
that’s an amazing gift!!
did your wife’s boyfriend have a husband before eth or after ?
im your dad, proud of you son!
son ,i have some bad news you know on youtube vitalik had a video in which he promised to double your eth, i gave it a try and i am still waiting for him to send me 200
wow pretty great gift
it is i, your long lost uncle. i'll take 5 eth
my dad has actually been shilling etherum to me
who the fuck has 37000 to just give away.
legend. now teach him how to stake it and he’ll never have to work again
well let’s hope doge hits 10’ll be happy with that 🥴
that's the most romantic love story i've ever heard
i remember you doing this 4 years ago!
holy fuck, i feel so bad for your siblings. 😂
i should get myself a son, very soon
“when” - i love it haha
shows pending?? (bottom right)
yea i just got my dad a card this year...
it’s me, your dad. send more eth to this reddit account or something. please. - for real, dad fr
tell him to buckle up.
you gave your dad 37k for father's day?
i mean it would be amazing if you had just given your dad ,000….
yeeee... for father's day... cannot imagine the havoc you guys made in las vegas for his bd!
why does it say 37k tho?
wow. he is proud of you for being a wise investor
can i be your dad?
omg, so nice, you are a good son xd <3
i bet you’re an eth millionaire
the rich getting richer 😀
your dad panic sold the dip, bought a harley
you re a good son m8
jokes on you. he sold it for hookers and blow.
i sent my dad litecoin a few years ago...🤦
your dad sold all that the next morning...
you sure about 10k?
damn, this had me cried.
4d chess move, make a baby that’ll grow up to get you more eth
if he becomes a millionaire, what do you become...
wow!!!! smart man!! 👏🏼👏🏼👏🏼👏🏼
i’m hodling dot, vechain and matic in small amounts and buying when i can, dreaming of someday being able to gift it to my kids or other loved ones. maybe this will be my post in 5 years or so!
i gifted my dad a baseball cap 🧢
eth would not reach 10k this year, stop with third bullish bullshit, are you able to look at graphs? we are in bear market lol
your long lost son says hi
i wanna adopt you lol
can i get an eth or two? plz im desperate
bet he already spent it on hookers and coke
your father has a wonderful son. so now you are definitely a millionaire
who upvotes this garbage?
good buy below 2 right now.
buy it they said...rocket to the moon the said...i did...and yeah i rocketed...right into a crater. 😳
your father must be so proud of his intelligent child!
my dad thisowned me after his eth (which i had gifted him recently) fell 60%. now am looking for a new dad...
lucky you. got in early.
...but it will be 1k instead
you’re a great son
it looks like you had 18,775 eth in 2017. hard to tell.
hello son, it is me, you're actual father!\* can i have my 100 ethers? ' ' ' \*apologies to your mother and what this implies
can i adopt you
will you be my son?
you are the shit
so i think you can be called the son of the year! but i think you're too optimistic about 10k this year :)
i wish i would have done the same... well done !
i wish i could relate to this lol
well, it’s certainly going the wrong direction today!
you are not a good son. should have sent dogecoin.
gave my dad 37000 dollars...
plot twist: the pending status changed to failed. he never got the tokens. in fact, nothing was ever “sent” to begin with: it’s photoshopped. all the text has fuzzy grey boxes around it. you look around. it’s not reddit anymore, it’s linkedin. you realize you’re just reading another heart string tugging fairytale that is completely fabricated by a marketing boomer to get more exposure and engagement. the post? promoted. you sit there for a few moments to take it all in and then *poof* you’re back…
wow. i have my dad a silver coin with the mayan calendar on it and i thought that was cool...i need to step my game up.
hope he hodls until the gas fees are fixed
who has the key to the wallet?
eth might not survive the iso20022 regulation likely coming in the next 12 months (i hope it will but something to consider)
got my dad , yet you casually send your dad 100 eth lol.
you're a good son. any way you can send me 100 eth, and i'll be your 2nd dad?
i hope you did keep some for yourself
gmer is poormans gme… nft’s are future diamonds
which begs the question about the amount you hold!
it was worth ,000 like a month ago
i'm building my dad a pi running nextcloud... must be a great feeling being able to afford a gift for your old man like this. he should be and probably is proud
i'd say sell some now and go on a world tour father son bonding time.
fuck you, your dad, your "look at me i had money to burn 4 years ago" attitude and your 30 day old reddit account
my son gave me a card, that he made from a sheet of printer paper... with a coupon inside for a free week of chores.
maybe i'm reading into this too much...only two bars for this? anyway best gift ever.
i fucking wish i had bought it 4 years ago, i hate myself for not doing so, i might as well die
hi it’s me your new brother dad says hi
i'm sure uncle vitalik will look after you better than your real dad anyway.
when you have the lambo he will come back.
i remember the day my dad told me i was adopted. i was 14. he said pack your shit. your new parents just pulled up to take you home.
hi ! it's your dad speaking...how are you doing now ? just watched current position of eth.
he swapped you for a son with better apy
the one who has that much ethereum, might was already wealthy when he bought it
become a millionaire like this guy and get yourself a new dad.
u should wait, it says pending 😂
it does feel like loads of crypto success stories started off with "yeah i was pre rich"
at this rate, they will. the dollar will just be worthless.
my son made me a keychain this year. not gonna lie it’s a pretty bad keychain.
i got my dad into eth at 3k... woops!
totally, who is this, bill gates?
is your dad a nigerian prince?
does your dad like to frequent the ge on osrs?
is your dad elon musk?
hey x æ a-12, how are you?
a gift is a gift.
i'm just hoping to make some profit on my 20 bucks
it is the thought that counts. no matter how valuable eth will become (really fucking valuable by the way), affection from loved ones is priceless.
> when eth hits 10k this year i want to know what charts this guy is looking at
you can’t be a millionaire without first being a hundredaire. you have to crawl before you walk. unless you’re one of those freak babies with annoying braggadocios parents that let everyone else know how much more awesome and able their kid is than everyone else’s through ig and fb posts.
it's a lot of money even in those days.
giving your dad a , let alone this
wait until you see r
it's pretty fucked up . . . if you start out working for a living, and magically cross that tipping point to get "financially stable" . . . it's really depressing how irrelevant all the hard work was compared to the money you now make by having money. yet somehow we hear about people winning the lottery and still end up ruining their lives with the money. it's a weird world.
we’re all early. everyone will be rich in a few years
nah not yet he got a g wagon for his birthday last year
i promise i didn’t plan 4 years ahead to make this post on reddit lol
yes let’s make a smart contract
it is. op bought them at . smart hodler.
he explained elsewhere in the comments that he bought it at , so he spent .
when’s your birthday mines coming up too if we have the same birthday maybe i can make something happen
yeah, or hope he has not lost his private key.
valorous f'r thee and thy father. love to see t *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i do not even have
yeah. , but i do not think that'll happen in the next six months.
i heard the same thing for 3k and 4k.
are you saying his dad is a golddigger?
to take you home or to take your home? that is what my real parents would do...
yeah i mean most poor to middle class people probably wouldn’t have the risk tolerance to throw money into something that was as speculative as crypto, especially when it was so early in the game. not to mention most people that did would not have hodled. most probably got out long before they even hit 2x.
op said he bought at , buying for a few thousand dollars can make you mad rich when you get in that early.
a good chunk of them yes. money makes money.
22% of all usd was printed in 2020…. really fkn scary
the usd is already basically worthless. we print money at the same rate that white trash runs up their , 39.99%apr visa as soon as they get it in the mail. us has nothing to back all that paper with.
don't be silly, he is from microsoft windows technical support!
right! it's always good to appreciate the little things.
the one in his dreams
yeah i sent my dad a text thanking him for boning my mom. this is wild.
giving your dad a gift sounds like a lot to me. i mean why spend money on something that he’ll probably never use when you can buy eth?
cant wait for my 70🥲
well you’ve been in the game for a while. what’s your 5 year price target?
why are you mimicking me ?
sounds familiar. did you buy them on coinbase once they added it? i think it was like the 3rd crypto they ever listed so i figured it had to be special and scooped up as much as i could at the time at around -6 each.
not sure why you’re being downvoted - jealousy? i think it’s awesome that you’ve brought your dad into crypto! i only wish my dad was still alive - he would have loved to go on this journey with me.
g wagon? gangster wagon?
what’s your favorite small to mid cap coin ?
the statement in the pic shows 37k (100 eth) was sent on jun 17, 2017
while that would officially make you the coolest human on all of reddit, i could not accept such a gesture. we could both donate a tiny portion to a charity if our bdays happen to match... july. are we getting warm?
i’ve set all of my immediate family up with their own keys. they all have their respective info safely locked away (and understand the importance of keeping it that way) and have never actually used it independently without me. them mfs gonna be rich without even knowing it in a few years lol
we are about to hit the real bear market. head and shoulders pattern confirmed.
8k in about 6 months? that’s unrealistic
yep. i was onto bitcoin and eth early in the game but i was also unwilling to throw more than a few hundred dollars into it at any one time due to still being in school and having student loans. because you do not want to be that guy who has to move into back with his parents and completely broke because he spent all his money for school on some newfangled internet money. now that i'm actually sitting on some wealth (still have loans lol) the markets so crazy i am much more content to just slowly accumulate and hold. i could have gotten rich if i'd been riskier back then but as you say, my tolerance was low, and rightfully so.
no wonder stock markets are soaring. where else should it go?
iirc it is more like 50%.
is that what you tell your girlfriend in bed?
realistically speaking, assuming eip1559 burning fees, eth locked for pos goes up significantly (30%+ locked eth), fees burned rates more than eth issuance rates in eth2.0, defi booming and starts to replace banks and defi will now work for real estate purchases (ie seller becomes the bank through smart contract and legally can foreclose on the buyer per smart contract), nfts art: we are talking easily ,000+ at which point my life dream has come true and i indeed never had and never will have to sell my eth. keep dreaming and hodling eth kings! i am!
i, am this young mans father
no, it is an overpriced mercedes jeep. they're + and popular with suburban moms whose allowance gets them more than a tesla or range rover.
she was with me before my crypto hit my first million so 🤷‍♂️
yes, and i’m telling you that he claims to have bought those 100 eth at .
totally possible. i'm not a technical trader. i buy and hodl via dca.
i was one of those guys who went all-in in 2017 and had to live with his mom for another year. was worth it tbh. hodled through til 4k.
same for me. put . didn't have much to gamble.
you may have noticed crypto market movements upwards in the last year too...
along with the cost of gasoline, lumber, groceries, clothing, dry goods, appliances, etc., etc. argentina.0
thanks 🙏 i hope you’re right
and this year ? think we're going to see a 10k eth this year or early next year? personally i'm thinking 5k eth at best.
and so as me
g wagons are closed to 200k no? damm good son. too good.
🤣🤣🤣 stop that the amg g-wagon is shitting all over everything
“overpriced” i love that word. suburban moms hahahah. how jealous are you?
i guess so. well congrats to him if that’s the case
even if you bought them cheap, . hell, 's day gift. my dad just got a phone call.
and wages are stagnant
and to add that’s only .7t marketcap (currently only $.3t) and gold is a ’s how early we are!
if we knew we all would already be millionaires right?
they start around . but yeah the full loaded amg models can easily hit . i do not think there is anything special about it worth the price, but the interior is nice and it is a smooth ride just from my experience of being in the truck while my wife test drove one, but that describes pretty much any luxury vehicle. i was just humoring her, i was never going for it and luckily i convinced her into a model y instead and saved the cost of a small house and more importantly saved more of my crypto that i've owned longer than even knowing her. now some clown in the comments is calling me jealous for some reason. guessing it is either a g wagon owner or someone who wants one that got mad i called it a housewife car lol.
i’m not jealous of anyone with a g wagon dude, and yes where i live they’re primarily driven by women, sorry if that hurts your fragile male ego for some reason. it’s a shit vehicle and i’m sure the profit margins are huge on how much they actually cost to make vs the price they’re sold at. hence, *overpriced*.
depends on whom it is falling to. if it is to ethereum, took it long enough. if it is to a memecoin or a centralized exchange abomination coin, gg crypto it is been fun.
me selling would be the most bullish thing to ever happen to crypto, but i'm never selling so i apologize in advance.
i prefer to think of it as eth rising, not bitcoin falling… i’m just a gwei half full kinda guy.
long term yes short term hell no. if btc dropped under the fud would be a wildfire. long term recovery of the event would be very very bullish but the short term would be destroyed
if it falls from and tanks the whole market, that would not be good.
am i the only ~~sucker~~ romantic in here who does not care too much about eth's price action in relation to other coins and just wants to see the technology succeed?
i love eth but have zero issues with bitcoin being the market cap leader. it does not hurt eth for btc to succeed.
3,3. this is the way.
btc dominance is going to fade as years go on but even if it slips from it’s still destined for . if it falls, people will just buy it back up. it’s the most secure asset in the world.
the most bullish sign would be the community not hating bitcoin for being number one and knowing it’s place .
if it dropped below no. 1 without sliding down in price so much would be massively bullish. eth-btc has been going up but with btc sliding more than eth. not the way i wanted eth to overtake btc tbh.
you think it will fall from . what it will really do is fall dragging eth down further. just accept its place. eth will soar to new heights, but btcs success is important to that process.
if that ever happens. then you can kiss every crypto good bye.
no this is dumb. every crypto follows bitcoin. why is every alt coin supporter bashing on btc. you want btc to succeed, the higher it goes, the higher other coins go.
it really would. anyone watching the space can see that all of the interesting stuff is happening on ethereum and anyone who follows eth closely enough will realise it is about to become a better store of value asset than bitcoin.
it would cause too much crap in the media
no, this is not an unpopular opinion... at least not around here
bitcoin should be overtaken, not fall from .
long term yes, short term (less than a year), no it will be terrible. bots are set up to work off of bitcoin, if bitcoin goes down, so will all of crypto, because the bots would not magically be reprogramed.
it’ll be a gradual decline imho, and ethereum rising to the top to be the numero uno. nokia & kodak are still around for example, usually big companies’t die off overnight. bitcoin won’t just suddenly “fall” one day, it will definitely gradually decline though.
you sound like an alt coiner looking for upvotes
ha! nope would be a thisaster and probably lead to a heavy crypto winter
agree. bitcoin’s blockchain tech is ancient and slow at this point. mining the sliver of btc left to mine is becoming exponentially more expensive
bitcoin falling from number one would be the ultimate goal of the governments regaining control over their markets
lmao when bitcoin falls so does all the other cryptos ... so in reality bitcoin will never fall from number one 😂
as the main market mover, btc crashing would not be good for crypto as a whole. spooking the entire market does not give more market share to other coins, it makes buyers exit the market.
if crypto is going to survive, it cannot be entirely dependent upon one currency. that would be like the entire banking system being dependent on whether citigroup fails. while others would also take a hit, it wouldn't kill the entire banking industry and unlike banks. crypto has no government backing to bail it out.
not sure i agree, it might freak out a lot of investors and scare them away . if bitcoin can fall, & etherium takes over then when will etherium and cardano take over , not my words , but investors might start to fear nothing is a safe bet in the crypto sphere , it’s probably better that both bitcoin and eth raise somewhat together ? no?
all it takes is for amazon to accept bitcoin and it would skyrocket again.
except everything seems to be following it down.
its baffling that eth maximist still dont realize that bitcoin is leading the direction of the market. it bitcoin goes up, so does eth, and visa versa.
fully agree but it definitely will be a rocky start
it would just mean folks are rotating into eth. which is already happening. sucks that we're so tightly coupled with them though, since the media is going to be focused on the sell off more than the buy in. then again, it could be another great opportunity to buy in the short term. some dingus recently sold me more eth at ; i bet they are kicking themselves already.
i wonder how the toxic btc maximalists will cope. i can’t wait to watch.
agree but will be a painful switch as we have to go down far and wide.
agreed. it's what crypto needs. bitcoin is fundamentally flawed and propelled by hype and inertia at this point. i'm not sure the vector, but btc will eventually start to show it is flaws, influential people will abandon tbe currency and it will fail. and no i'm not referring to musk.
first no, then yes
hard thisagree. btc is still master, if btc goed down hard, crypto will enter a bear market.
yes. let it fuck off and stop holding the entire market hostage
whatever makes me money lol
if it’s “the most bullish thing ever to happen to crypto”, then the future of crypto isn’t as great as i think it could be.
as long as it is eth then i think we're in good hands
can it happen after i become a millionaire?
zeus needs to chill with his opinions. i hope he isn’t speaking it into existence.
it would likely symbolise the value of speculation vs the value of utility.
and of course, this is good for bitcoin.
well that is only unpopular opinion in , or anywhere else.
yes. but also i think the recent developments in el salvador and paraguay are bullish for crypto as well
not a good thing at all. 🤔
enough is enough, elon
all crypto is going to crash by summer (my prediction, not fa). i’m looking forward to it as a huge buying opp.
no i don’t agree, btc is is more like your secured private residence and eth more like a hot vehicle to pick up girls with.😂😂😂 how do you like my analogy?
bigger bullish would be eth as the new ... i mean its gonna happen.
flippening is upon us.
the answer is no! at least until crypto is more widely accepted…. bitcoin is the gateway drug to all things crypto! it’s like the first coin that came out the closet before it was cool to be out the closet….
i prefer overtaking... nokia simply dropped away. didn’t go to 0 overnight.
don't throw stones in glass houses, eth
you’ve got a great point. i have yet to hear an argument that bitcoin has actual utility other than being “digital gold” which is a weak argument. even that said hard to predict because these institutions trying to gate keep by becoming authorities. they will sell it under their brands. oyyyy. theres a reason a shitcoin like doge can climb the ranks. disruption is imminent.
the only thing i don’t agree with is that this is an unpopular opinion. most of what i read on reddit and talk to my friends in this space about in real life seems to point towards ethereum being a big improvement on btc. not only because of fundamentals but because of a lower price and easier opportunity to join in.
no - do not agree - would you care to explain how ?
another silly us versus them topic
bitcoin is the trojan horse that is still what is getting all crypto mainstream and attractive to institutional investors. if the scenario were that bitcoin and ether both fell, only bitcoin happened to fall harder, i do not think that would be so great. if instead it were a small correction followed by ether gaining ground, that would be pretty bullish.
it will happen, xrp and will take throne.
if it is replaced ny shiba inu probably not :p
it would get a lot of weekenders to look into "this ethereum thing"
hope for one year we still see as number 1
it will be the time when i leave the nongovernmental currencies and get some cbdc.
shame on malaysian government
i could happen but its not a bullish signal
only if it is eth or iota (post-coordocide)
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [iota]("last usage")[coin] iota ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 6 acronyms.) ^([thread for this sub, first seen 8th jun 2021, 09:18]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
interesting opinion. more awareness and technically sound crypto could do it. but might take a little more time.
# do not fall for it guys. i predicted yesterdays drop 2 weeks ago. the market is fraudulent!! i can proof it...🤑👻 and you will know # sel sell sell
do y’all think crypto is about to crash further?
i commented this in rcryptocurrency and got downvotwd to hell lol
ideally bitcoin and ethereum losing their sizable shares would be great in the longterm as it would lead to a truly decentralized cryptospace wthout a dominant player or gold-bug type maxis. the transformation to this is going to be very painful as mainstream and corps will get burned and pull out their money. the only thing that will save the space during the transition is stablecoins as it allows people to wait it out with something familiar and then reallocate into the features of crypto that actually make sense. the store of value arguement is lost and the alternative currency narrative is on life support.
i agree. even if bitcoin falls below , i would not even buy it. i'll accumulate more ethereum.
well it doesn’t matter if eth goes to ’s market cap falls to 2nd place. at that point it don’t matter.
so when will the flippen happen? eth traders been saying that ever since ethereum started. lol. btc is thinking about taking over the world and eth is still planning to take over btc. they're not even in the same league, guys
lets just say eth has a better chance in coming days after upgrades... it wouldn’t be bullish tho in short term. btc on will cause wildest of the fud fires but it’s good for eth
not this bull cycle but next for sure.
soon ethereum will be
im a take one for the team and sell ya’ll...eth will likely rocket up after i do this!! go ahead and thank me now!!! giving you’ll a few hours to lead up!!
it's been beaten down for a reason. the fundamentals have not changed.
which coin, specifically, deserves such a seat at the throne?
i long for the days when the success of cryptos isn’t tied to the success of bitcoin. atm whenever bitcoin goes down it takes the entire market down with it for no reason other than fud.
would be absolutely massive, and seems completely likely, which is why eth is my main bitch
depends who takes it’s place 🤔
the next crypto king is emerging🤔
at some point we won’t rely on bitcoin for price action, so follow me on youtube 😂
unpopular opinion: an opinion is not unpopular if it gets lots of likes.
the market no longer being manipulated by tweets would be pretty bullish too
seems to me, once crypto settles in, that different tokens and block chains will be able to serve different purposes. bitcoin might become the world's "new gold," and, as gold, perhaps less useful for daily transactions, compared to a token like doge (pardon me for plugging, it is just that i do not know enough about other tokens to sugest one for the example), which has a nearly unlimited amount of available tokens. they will fill two different purposes, as they are different technologies. doge will not only be easier for people to spend on a daily basis, as it will not have the same potential to increase in value, but its technology also offers room for more and different transactions that we can tie together and deliver better (perhaps more fair) pricing to the consumer. as an example, if an individual buy health insurance from company x, he, heart rate, perhaps even what groceries are bought and consumed, etc. the technology is simply a means to transfer "perceived value" between parties, and if going to the gym 3 times, it could well be translated to x amount of tokens on the block chain and count as tokens, which to the individual would translate into less tokens taken out of his. mark cuban wrote an interesting piece on this topic. at any rate, doge's technology (togehter with many other cryptos probably) would be well suited for this type of usage, whereas bitcoin would likely not because of its limited amount of tokens. however, the global recognition and histology of bitcoin lend it a prime role to work as a foundation for valuations and investments, just like gold, which would be difficult to do with doge. tbt, i find the bickering between one coin or the other and which one is rather amusing. as of today, we have multiple currencies, pressures metals, and commodities traded as futures on our exchanges. nobody argues if the euro is more important than oil, or if gold or the dollar should be or , etc. it seems silly to me.
in price terms its not . people need to thisregard marketcap metrics as the glory of all metrics
yearn is number 1
so, how we will make this happen?
the most bullish thing that could happen is for bitcoin to reach , just like mcafee promised a year and a half ago. i'm still waiting for him to cut off his own dick over that one.
better options now! fuck bitcoin.
when a government seized assets from bitcoin account that should cause all of you to panic. this will go to zero when they regulate this to death !
or worst of all, *shudders* a central bank digital currency.
imagine dogecoin at top, the whole crypto market will be laughing material
doge just needs to 100x transactions and it will be the best lol.
as long as eth is pumping i do not care much about that.
i think bnb will outperform eth in the coming years. until eths fees resemble that of matic, sol, and bnb it will continue to lag.
is that kind of like it only rains when i leave my barbeque cover off, therefore me leaving the cover off cause it to rain? (true story though, my weber cover is better than a rain dance)
take one for the team, bud. we would not forget your sacrifice!
you owned ethereum on its climb to ’s not you bud
you selfish bastard, you're as bad as i am!
😂 i’m holding to 0 if that’s what it takes, i know i screwed up before selling and it immediately went up by a lot while i was asleep.🤣🤣🤣 i wonder how it does that?
hodling is good but never selling is worse decision
me buying is most bearish thing to crypto still i keep buying
upvoted but also get out
how is gwei pronounced?
short term would be an absolute shit show.
it has to happen. mining requires too much energy for a coin with 7 tps and a 10-minute block time. "store of value" was a cover for bitcoin cannot scale. plus, it is crazily centralized both from a mining standpoint, and a wealth concentration standpoint. bitcoin needs the media to focus on hype not metrics...that why the miami conference looked like a mlm scheme.
if there was a clear flip btc would drop hard maybe more spots. hopefully everything else would be decoupled by then. edit: downvote all you want but the truth is the only thing bitcoin has going for it is a store of value. if it can’t keep that then what is it worth
i think we all want to see some other currencies move independent of bitcoin.
insert “i’m in it for the tech” meme
you’re on the ethtrader sub…
in it for the tech in it for the tech in it for the tech in it for the tech
this is why i have a diverse portfolio of tech that i follow
bitcoin helps all coins, a collapse of btc also means most likely a eth crash and general market shitshow
praise be to zeus, for 3,3 is the way
exactly... this obsession with surpassing bitcoin is meaningless. why not hope for both going up together? most people have diversified portfolios.
why ser you think bitcorn is numba 1
what’s tbh and where can i buy some
i have the same opinion. btc is so well known, its failure would cause a global crypto crash.
but i'd like to see this relationship broken. the higher btc goes, the higher alts go due to fomo. i'd like to see each currency on its own path, succeeding solely due to their technology. and i do not think btc deserves to be no 1 for its tech. i think it is no 1 solely due to being first. and that is not good enough. in my dream scenario btc would tank, so would most crypto like 2018,i would get to load up on all the goodies, then we can get a bullrun with eth, cardano, nano, polkadot leading the pack edit: thank to tank
that does not make sense. bitcoin only loses its spot if something else takes over
agreed. bitcoin will probably still be around in the next 20-30 years, but probably as a top 10 coin.
lmao. what does that have to do with the flippening?
forget investor confidence... think of all the whales that would be trying to cash out because they lost millions of dollars and are afraid of losing more... it would destroy the market if btc was overtaken by some major fud or a market crash however if its a slow burn and something like eth (lets face it thats what everyone wants to hear) overtakes it gradually then things can still balance themselves out... however i do think a flippening would send btc into a pretty sharp slide as its relative value is overtaken by interest yielding pos coins, people would probably also be looking to get out at that point which would send the market down but probably still have the new contender come out on top even after a market slide
bitcoin is an asset like gold. it serves its purpose well. eth is a currency; it serves its purpose well. they both can coexist.
so is every crypto
'twill beest the time at which hour i leaveth the nongovernmental currencies and receiveth some cbdc *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
how about 1.doge 2.doge 3. doge lol. in your dream
let us hope it does not happen, the world has suffered enough let us make it better with ethereum
we need too boycott them all
or worse... . . . . . . . expelled
i would sell the house bullish
maybe that was the plan all along. ridicule crypto into non existence?
then planet earth is definitely gonna become planet of the apes.
grill doesn’t get wet if you forget to turn it off.
you just don’t notice that it’s off until it’s raining...
it was me. i bought it. now look at us. fudge.
that's a relief, thanks mate.
there's dozens of us!
i agree i just think its better for the market it of happens slowly and gradually
fud from btc maximalists and fud from people who do not understand the currencies seeing only btc "crashing". youd barely hear the word ethererum through people calling it an unstable unpredictable market. trust me it wouldn't be good in the short term. that inital natural sell-off would be quite aggressive
i think everyone invested in crypto wants a decoupling. multiple bull markets in different coins would make a much safer market
yeah that’s literally impossible when every crypto is just a fork of bitcoin 😂
the ones that didnt copy and paste bitcoin then rename it do not trend as tightly
i’m so tech brah, i love is the tech, eth goes to 0 i don’t give a fuck because the tech brah. make me poor but as long as the tech is poppin’ oh shit.
only eth sub with memes.
agreed, as a 50, encourage all coins to thrive
which would be the smart thing to do rather then focus on a single asset of any sort .
just because you’re in eth doesn’t make it necessarily no 1
wtf is tbh though. tbh, wtf, idk, are at the top of my portfolio even though wtf is basically just tbh.
not if it is a move from a store of value to working currency. i think it is fall is inevitable, but it is only bad if it happens too soon.
100% agree with you. although i would replace nano with solana, that is even more sound technologically and economically.
i'm saying it is practically impossible for bitcoin to lose its spot and doing so will be very devastating to the crypto space, but eventually there are better, newer projects than bitcoin who should be leading the crypto space.
true, it’ll decline but still be around the top 5-10
the amount of volume needed to get to a price that high would be astronomical. its basic math.
no it literally wastes a ton of energy for no technological reason. we have better algorithms like pos and poh that are much more energy efficient and more secure.
every crypto is not fundamentally flawed, sorry. don't spread fud. there are well known issues with both the cryptography in btc as well as it is blockchain implementation - it is not truly immutable. that is not the case for other cryptographic currencies. these are well documented facts that you can google all by yourself.
don't give the big people big ideas
but blockchain will always exist!! so ...
hadn’t considered this. thanks!
that could be true 🤣
i was up a good amount my first week and thought one day i was gonna be one of those whales everyone was talking about. then i gave all my gains back and realize now i suck at trading and have no idea what i'm doing.
nah, flippening this year.
i like the *tech*
i do not know why but i read this in cartman's voice and it was perfect.
i think the underlying point of focusing on the tech is the value add it can bring to application and adoption as it solves real world problems.
at least this sub has a sense of humor. just last week someone posted on crypto how most coin-specific forums are just shill subs. some people got banned for even mentioning another coin on them, like btc or eth.
ethereum is 10x more useful and processes 5 times more transactions per day, while still being just as secure as bitcoin.
you just contradicted yourself in the same sentence, impressive.
the fact that ethereum is not even right now, is for the same reasons that something like doge coin can go to . the market cap is not based on functionality or technology, otherwise ethereum would have overtaken bitcoin years ago
there was a point in time not i this last bull run , where ethereum was less than %5 domenance to overtake bitcoin. it's only a matter of time. every useful coin out there is taking something from ethereums proposal and papers. the only thing bitcoin has is being the first and who's running it for now keeping the 21mil cap. bitcoin is a collectible. ethereum is a whole new deluge of technologies and economical market
bitcoin just lost 500 billion dollars in valuation in just a month, so what are you even talking about? all it needs is for people to sell some of their btc for ethereum or new investors to invest into ethereum.
it’s not all about technology. brand recognition, early adoption, user base - it all matters. have to look at the bigger picture rather then getting bogged down in technology. sure, there is better technology out there. using that logic, iphones shouldn’t exist because samsung or motorola phones might have slightly better technology.
there will always be a crypto with a better tech. bitcoin vs eth, eth vs cardano, etc etc. so if it can be improved it has flaws. you can always improve on tech but there will only be a few cryptos that have first market advantage. so no i don’t spread fud
do not buy them
he i made a video about the crypto market and my strange findings... i would like your opinion before i release the full video
feels like musk is already on it
well see, volumes are low on everything atm, if it picks up again in the fall its possible. but you do not seem to have any useful information to add besides your gut feeling. just do not throw more than you can afford to lose into it. if crypto teaches you anything its that you can lose just as much as you can gain
agree. if the bull run continues, bitcoin continues dragging down eth and alts. but eventually eth splits and starts moving the other direction. select alts follow. totally possible, imo.
and vhs still beat betamax. better tech is not always a predictor of financial success. you cannot ignore the sway over markets that popularity & social perception has. and things like "ease of use". john doe walking down the street knows what bitcoin is, it is a digital currency that only exists in the cloud, right? but try to explain ethereum to him, you have to educate him on all these new terms like "smart contracts", tokens, defi, dapps, etc... he's going to be hopelessly confused. (frankly, i still do not pretend to understand how it all works together either.) a confused person is not going to open their wallet for something they do not understand. but that same person may buy bitcoin, cause while they know it is a risk, at least (they think) they understand it better.
bitcoin has been around since 20111, eth has not
you dont have to explain the differnce. what my point is, bitcoin is still dominate in sheer volume. soo much that when bitcoin drops, so does eth and every alt coin (for the most part). litterlly put eth and bitcoin in the same chart and they are identical. for eth to actually come close to bitcoins price would require astronomical amount of volume. that's not going to happen anytime soon. so this whole narrative of flipping is false and dangerous. especially in a besr market where people are getting liquidated.
holy shit, did you really just say that? don't you realize how dumb that logic is? so bitcoin is relevant because it is relevant? that's some nice circular reasoning. and no, iphones are not around because people liked steve jobs, the iphones are around because they actually have real properties that people value, like a sleek and nice design, good build quality, easy to use user interface, apple eco system, specs, os upgrade policies, etc. if bitcoin actually had any technological advantage, then it would stay around. bitcoin is just a straight up downgrade to bitcoin cash. and all that just because some idiots think that securing a 1 trillion dollar asset just has to be done on a 50"decentralized", while we already have 10000?
this is not about a crypto's "tech", i'm referring to the fundamental underpinnings of the coin itself - you know, what makes it work, which is what actually gives it value.
not every crypto is fundamentally flawed. all may have flaws but that doesn’t mean those flaws are fundamentally relevant to the successful operation and implementation of each projects coin.
what he said. + exposing the past in will help. history has proven big bank culture has build and at the same time f*cked up the entire world for the last 💯 years... the devil is running things there ar signs everywhere in life and now in crypto. check out the btc usdt market top on binance tradingview charts adds up to 27. aka 3x9 aka 999 aka 666😉 and check the low from the last crash (correction) it is 30 aka all 66666 again check out the data...17-05-2021= 18 aka 666 i now got a shit load off data about this... # should i make a video? don't want to be a flat earth propaganda creator type. but this is... bs big money f*cking with us again... i am having the best year of trading tho, now i got there cheat sheet... so ? make a video ???
i'm not sure what you mean by volume. because in terms of transaction volume. eth already beaten btc and by a wide margin. again btc has nothing but a name. and through out the year every bull market ends so that bitcoin can regain it is dominance. this cycle will end one day. the fundamentals behind bitcoin arenit gonna last, in however many years it takes to mine the last bitcoin. (100?) what insentive it is to keep the network running? value? the crypto community evolved and many papers and solution were proposed. i'm holding both btc and eth , this is about money. but let us be real, btc is just a shiny name. eth is the one leading the whole community. bull run 2017? it's all the shit tokens eth made easy to create. current run, it is dex made possible because of eth. ethereum is the one crypto that is leading. it makes complete sense for it to overtake bitcoin. edit: the price will break so long as the supply and demand wants it to get there , has nothing to do with volume, so long as enough people ask for a higher price and people are willing to pay it it will reach what ever price the demand dectates. that's basic economy.
yes it’s relevant because of branding and name recognition. that’s how human nature works. no one is analyzing technology. just try to zoom out a little and try to look at bitcoin from the eyes of typical consumer and not a technological snob. i know people on here love hating on crypto they don’t own but bitcoin is not going anywhere. it’s here to stay. it’s name recognition, and early adoption will make it stay. superior technology doesn’t always win because there’s more to a product than solely technology. i can guarantee you there are numerous phones out there that beat apples design, quality etc. however apple still sells because of name recognition. it sells because of steve jobs like you mentioned. steve jobs was a brand. that’s called brand recognition. anyways, it seems like you’ve already made up your mind about bitcoin and nothing i or anyone says will change it. i’m done.
congrats if you do! if you sell and a bear hits, you're a genius! if you sell and it goes up, you may be sad. either way, you did what was best for your situation at the time and never forget that.
congrats on profits. wish us newbies luck man.
dude, good for you! i put in around ,000 back in 2017 and when eth hit ~,400, i was up to ,000. but i held and rode it back down to like ,000 over the next few years. i've since rebounded back over , but there is no guarantee! take your profits if you want to because it could all thisappear tomorrow.
no shame. i would consider not selling all though. hold even as little as 15% of your original eth just do not sell it all. you should probably still afford your down payment and you can keep your feet in eth and use the gains to pay down the mortgage faster. just my 2 cents though you do you and do what you think is best.
congrats on the gains op! but like another person said, it may be good to leave a small percentage in eth, especially when we are looking at eip-1559 this july.
you made it to your moon
congrats. personally, i've been buying eth since june 2017 and i staked half my eth to ensure i do not cash all of it in one fell swoop. my goal is to cash all my crypto, except my staked eth, when i reach the balance of my house loan and have enough for the taxes incurred from the gains. i'm 2, which is crazy... should this bull run keep going, this dream might actually become a reality. thanks in large for eth. then after all of this is done, i'll resume buying eth through the next crypto winter and into the next btc cycle (expected to start again mid 2024 through 2025 in my humble opinion.
good on you. my goal is in a year to pull back out what i put in initially plus enough to cover taxes and then lest the rest ride for a bit. everyone has different goals.
congrats taking profits it is never a bad idea. i did not sell in the 2017 when i was in profit and saw my initial investment evaporated 90% trought the brutal bear market, waited four years and now that i triple my money i sold my eth at .
obviously your reacting to the recent events. you may want to step back and reevaluate. there are so many positive things on the horizon and after all the price only fell a few hundred dollars. i think that is a testament to the strength of ethereum. not trying to talk you out of or it into anything. but you are reacting immediately after the dip. there was a guy here a few weeks ago who sold at . if he waited about 3 more weeks he would of profited another . we've been waiting a long time to get to critical mass where ethereum just takes off. i think it is close and i hate to see anyone make a poor decision. the fundamentals of ethereum have not changed in fact they are stronger than ever. best of luck to you and i just wanted to add my 2 cents
congrats on the house. i also plan on using my profit to help with a down payment. however, the return has been much better than expected so i plan on keeping 2 coins when i do sell (march next year is when i’m going to try to buy a house) to stake and let sit. maybe you should consider the same? stake some small % and that way you don’t completely miss out on a potential bull run continuation and you still get paper hands for a house :) either way, big congrats!
you have reached your moon, compadre. congratulations!
you do you, but one day you’ll regret it.
later this year ...
i’m not going anywhere. eth is just getting started. i don’t let a down day sway my opinion after weeks of unstymied progress.
eth will likely be worth more tomorrow, why hold until now and sell at the dip?? i’m happy you’re taking profits but are you only selling because of the dip?
good job. don’t forget to set some aside for taxes.
access to land ownership is one of the few good trades. well done.
look bro! you're the most fitted person to take this decision, if you sell and the price goes up no one in this sub will regret it, if you do not sell and the price crash no one will feel sorry for you, so if you think this the right time to harvest just do it. but if i could give you an advice, i'll tell you to keep some eth, doing the math we can conclude that you have around 20eth, if you sell 15 four 'll get , and you keep 5 eth, if eth reaches , you'll have , so you'll nog be regretting selling all your eth. good luck.
my humble advice would be sell all of the profits and keep the initial investment of 10k still there. what do you know maybe it becomes 75k in a few more years? or if it goes to zero you didn’t really loose anything you earned less.
i'm not gonna stop you but july is coming with upgrades that will rally this shit up. we are going up with or without you.
you traded an appreciating asset for another one (a home). no shame in that. many don’t do the same. congrats!
highly recommend waiting until 2022 to buy a house tho……. unless you’re okay with the value plummeting after buying this year.
you never know what the future holds. that stack may be worth more in the future, but the fact that you sold it right now already put future you in a better place than current you.
congrats! this is what it’s all about man
so you are someone who cares more about fiat money than crypto. also being a trader doesn’t mean you have to take profits in fiat! i been trading crypto since 2016 for crypto profits. yes i’ve sold to fiat when i’ve needed to buy something that i only could using fiat. but in regards to trading i don’t hedge for fiat profits. to suggest you have to take profits in fiat is complete bullshit!
i personally would wait 1 more week. who sells at a massive dip?
don’t sell today. wait like a few hours for the rebound lol
65k would be life changing for me. i hope to make that much in 18 months.
idk i would consider 65k lump sum to be worthy of the title "life changing money". you could do a lot with 65k depending on who you are. some one could make a large down payment on a house and start a family, some one could pay for an education they may not have, there is many different business's you could start with 65k, you could travel the world for a year or two. no shame there, congrats friend. 65k lump sum is nothing to scoff at.
bro if you wanna take your gains take your gains. don’t feel bad. there’s always opportunities to invest. you could have made a couple hundred percent on ada in the past few months. you could have made a fuck load on mindmed when it uplisted, gme, or amc to name a few. the opportunity is always there. don’t let people shame you.
everyone has a loss story...celebrate the gains! congrats!
if you are selling to solve your current issues i guess it is fine.
congratulations on reaching your moon. everyone has different expectations and you met yours. that’s sounds like good enough for me. i have my own expectations and have not reached yet, but as soon as i do, you can bet that i will sell them as well.
good for you! as long as you feel good about the decision no matter what happens to it, your solid, buying a home is a major accomplishment...you can alway buy back in
i would personally sell 25% per year at this rate. you might lose out on alot of future gains... however it’s your money and i congrats you regardless of what you do!
matic, uni-swap, ada cardano buy 100 each and then just hold.
check this out guys, huge things are coming
at least some people understand here that there should be the time for taking profit
wow! that was a great gain! congratulation! *i guess,* eth is a good buy and my prediction it will go more higher :d
how did you know.
bro hodl seriously hodl!!! you’ll regret selling when eth hits . i’m way more poor then you. i’m living in my car. every week when i get paid i dca 70% of my paycheck into eth. it will take years before my pittance will amount to real $$.
take 20 k out leave the rest till september
i’d leave it man. at least wait until it bounces back. we are going to see 5-6k very soon. for me it’s like a scratch off lotto ticket if i buy a ticket and i win ,000 i buy . i’m not aiming for 1,000 i’m aiming for that 5 million winner.
when i can pay my house off and the taxes on it i’m cashing out as well. gonna start over with investing from a debt free position
congrats! i personally am a fan of keeping a minimum of 20% as a forever hodl stack for the event that it just keeps going up in the long term. this way there would not be any regret if price does hit .
yeah, you arent built for this game. good on you for lasting this long.
🧐 let’s have a moment of truth here: the reason people stay poor is because they aren’t able to hold and enjoy the effects of the nobel prize winning theory called “compound interest” and appreciation. weak hands, and those who buy high and sell low, are the reason people like michael saylor and other billionaires can compound their money and the reason they get rich when there is 🩸 blood in the streets. now, i do respect the fact that it sounds like you desperately need this money for a down payment on a home... but have you considered renting for a couple years while your ethereum gains appreciate? the median value appreciation for a new home is less than 5%. if ethereum triples in three years, which it likely will... your . oh, let’s also add the expenses such as taxes and remodeling, and at best, your net appreciation is 1%. now, let’s say you rented an equivalent home 🏡 with a ,200 per month in rent. sure you would give up “equity” by renting, but the net appreciative value of holding ethereum still makes more sense as you are not responsible for a mortgage plus taxes and expenses that come with new home ownership. ... you could even put your money in defi and collect up to 20% interest per year depending on the digital asset. i respect your decision, but it’s absolutely the wrong financial decision and you are giving up on likely gains that will dwarf that intangible “wow” feeling of home ownership. good luck either way... but i am hodl’ng 🚀 with diamond 🙌🏻. —————- tldr: 1) don’t sell your ethereum. 2) hold on for your life. 3) the best investment in 100+ years is staring you in the face and don’t let the billionaires gobble it all up, once again. 👍🏻
right on! congrats on the gains my dude. keep your ears out for what's going on with crypto, who knows, maybe there will be another buying opportunity for you one day. any plans for the money?
yeah i'd take out half at least
noooooooo ! bro atleast wait for the implementation of layer 2. sell on the pre release hype!
sell 50k and keep 25k and hold no matter what. use that 50k for whatever you want. nothing wrong with that. no sense making money if you don’t spend it!!
dude if you study previous market cycles it becomes clear that this bullrun will top out around october. do not sell until september... you have absolutely no idea how much gains you will make between now and then. just relax and wait. your life will change this october. you could buy a house with cash if you wait until oct.
i don’t blame you. i took all my money out this morning. the roller coaster was too much and i lost sleep over it. it’s also unfair how one man’s tweets can crash the crypto market and send alt coins to the moon. it seems there are some very powerful whales trying to pump and dump for profit and i wasn’t comfortable staying in the market after what happened last night. i’m happy with my gains!
wouldn’t you rather wait for ? you do whats best for you though. good gains
consider selling on margin. use 10% of your funds and short 5x. price goes up. that gets liquidated and you have 90% of your eth. price goes down, you take the profit and still have 90% of your eth. godspeed
do it! buy a couple gme to hedge your bets. guaranteed crypto will be the first to crash when it all kicks off.
you know what, do what would give you the most peace of mind. if holding any longer only causes you further stress and unhealthy obsession, then additional gains may not be worth it. i admire that you identified that trade-off and figured out what you valued more. :)
if it makes you feel better about yourself and your situation then sell it.
we all have our own goals. well done!
congratulations on achieving some of your personal goals. come back to visit the market or hodl whenever you can.
that’s what its about. good on you. congrats and gl on the house. the apes will hold it down
i feel you. i set my goal for profits to help me buy a car and build a house. once i'm there, i will leave a couple moonshots in the market and cash out the rest. enjoy your peace of mind.
totally valid to make your own personal call on your gains
good call. maybe leave just a little bit on the table and come back in say 5 years. you might pay off that mortgage
but think of all the cocaine if you end up holding longer. past 2-3 months have been eye opening for the potential of crypto and it will only get better.
congratulations on realizing your gains! this is a lesson we can all take
always do whats best for you op congrats on your gains!
dont ever sell all of it... take some profits, but hold onto some. your future self with thankyou, and addtionally wont be upset as the price continues to rise. eth is here for the long haul
happy for you going to be a landlord.
do not worry about how much it is worth in the future as long as you are happy in the now and congrats 🎉🍾
well done sir! you should feel proud of what you have accomplished in this trade. enjoy your life on the moon.
congrats to you!!! you can always hold onto a little and sell the majority, do not forget it does not have to be all or nothing! but i'm happy for you either way!!!
if putting a down payment on a house this summer is your personal moon, then there is absolutely nothing wrong with taking the profits. you made very nice gains and should be happy with the roi :) congratulations!
you do whatever you feel is best for you. you've come a long way and should not feel bad. don't worry about whether someone you do not know approves or not. it's your life and your money.
congrats! i had a similar situation years back where i bought at . luckily, i only sold half then. i’d advise you to do the same just to still have some skin in the game. not financial advice, but just as an advice as an internet friend
you do you mate! we all just have to run our own race and your smart to know your risk tolerance! i'm long term on this train but support you for making your own decisions! oh yeah, so you took the risk, got to your goal and cashed out clean for a profit... fuck you! 😁 good luck with your future endeavours mate and i'm sure you will be back next market swing!
if you need it do it. i just cashed 8eth last week at around 3500
set a target, stick to it, live your life, congrats!
congratulations it’s yours 🎊🎊💰💰
make sure you account for your capital gains taxes
if you got all in at once then get out all at once. if you averaged in then average out.
take profits and live your life man. you win this time ans you can always play again in the future or leave in like 10k. if it has the same gains you'll have another 75k. either way, theres no point in making money if you do not use some to enjoy yourself.
great profits! go forth and enjoy.
good luck. hodl eth is not for the modest, it is for the mostest.
enjoy the house my friend.
i would still leave in at least 10%
profit is always a good trade.
congratulations! my moon is to pay off my student loans. we’ll see what happens
your moon is your moon. so you do you. i personally would take only some and continue to accumulate. you could be looking at retirement by 2025.
if i were in your shoes i would hold at least 1 eth ... or .5...
wait are saying we make a new subreddit “ethhodler”? i’m in.
thank you for taking the ride with us. don't be ashamed to take profits and do what is best for you. you made great money by hodling for a good amount of time. every mission comes to an end eventually. sounds like you succeeded what you set out to do. this is the way.
i feel like you are telling us in order to please your heart that you are not doing smth wrong
never sell eth !!!
congrats! that’s my goal too, congrats on reaching yours!
i repeat ever sell eth. only accumulate!! 💯💯🚀
dump some on dogecoin. i had eth and sold yesterday while it was still up.
take your rip, sir. i too took some profits at , but i stayed in the game. it was really more of a readjustment of my holdings. i am responsible for other people & cannot just ‘let it ride.’ that being said, i truly believe ethereum is the most significant invention following the internet & would encourage you to keep some.
i honestly think whales are making us think it’s a 🐻market just because they learned how much value is in crypto, especially since all the institutions have interest in it. i may be wrong. 🤷🏻‍♂️
i’m pretty sure you want us to talk you out of it. why would you post otherwise? sell a couple but at least wait a few days...it’s coming right back and if you hold hold, you’re looking at becoming a millionaire
why did not you pull it out a few days ago when it was 4.3k instead of waiting for it to drop? i presume the answer is because you think this is the top and you want to 'cash out' into fiat. not only will you be taking a substantial tax hit, you'll also be moving from an deflationary system into an inflationary one, meaning from now on you'll be losing money every day.
congrats! i encourage long term view on core assets. if you have a long investment time horizon, keep the amount you can let it “roll” invested.
📄 hands. kidding enjoy your
i did sell last night when was eth the highst price good thing sell now we come back to bay in the bast price.
hey man i know it means a lot to you or else you wouldn’t of posted this at all. nothing wrong with bettering your life situation that’s why we’re all here. you deserve it and congratulations
please sell. remember the more you sell the higher it will go up as soon as you sell
never risk more than you are comfortable. congrats and enjoy your gains. that's a very large amount to make in 10 months investing.
you the real mvp.
why not stake it and earn residual income?
selling everything at once, and buying everything at once is a noob strategy. the wealthy dca in and out of positions.
congrats but i recommend holding at least a few more days. its already rebounding to 3900 and will likely hit its high again next week, barring any musk news. 😁
congrats. u did good.
you do you! no shame in taking a profit. enjoy.
sell some, move on and come back to check your gains.
what if you hit the dome?
well done, see you next bullrun 🤝
congrats! good that you are putting a down payment on your house! real estate > fiat
it’s never a bad thing when people get to their moon! no shame!
you could buy a modest house a car and a sure 4 years budget for you to get by with that here in my country...congrats
do this, sell 100% of your stack, if there is a bear market buy back 50% of it at half the cost, and it is like if you took gains on 100% but kept 50% holdings
i wish you all the tacos in the world
i’m glad you found your moon, but can i suggest something? i’ve reached my moon on several cryptos and cashed out before and my only regret was not leaving a littttttle in after watching them go crazy later. why not sell all your eth except one or maybe half of one? that way you can take your cash profit but still have a little exposure to the assets and maybe start dca’ing back in.
lock in profits all you want, nobody with half a brain would tell you that is a bad idea. but if i could give you any advice, it would be: never ever sell *all* your crypto. keep something you're comfortable with just holding on the sidelines. like 20%, 15% oder 10%. i know people who've sold all, and they are not happy with their decision.
i salute you fellow cosmonaut!
much respect to this post right here , no bullshit just straight honesty on how you feel about the situation, deff respect .
and to each his own sir, i congratulate you on your profits!
sell all, but keep half in a stable coin earning interest and wait for the bear market to put it back in low. that is my plan.
i wanna wait til it hits 10k before i sell any. and i do not plan to sell it all, but maybe a coin or two. then again, i might not sell even then, it would depend on my financial situation otherwise. obviously if i'm hard up for cash, i will sell some of my holdings.
dm me in 5 years, you can be my butler :)
i'd hold 10k of eth going forward. keep the original capital in, and withdraw the gains.
> 65k in profit is not exactly a life changing amount of money *cries in student loans* in all seriousness, congrats
good job. not everyone is made or built the same. you know what's best for you. that speaks volumes. congrats
i would definitely keep 1 eth and hodl
if you done did it, you done did it. good shit broski
nothing wrong with that. i plan to take some profits here and there once i feel i’ve enough to do so, in order to pay off my debts, while staking the rest on cb and continuing to dca. with 2.0 coming you might want to keep some, though it’s your eth and you gotta do what’s best for you.
congrats on a great investment. i know many people that had wild gains at one point and for one reason or another didn’t cash out and ended up with regret. no guarantees with the future of crypto!
op, i wish you nothing but success in life
i'll hire you as my butler. my gains are similar to yours, ***i'm not selling.*** trading. investing is not for the thinskinned.
not telling you how to do things, especially since you’ve done great so far, but if you’re up for some advice. take some gains. take your original money off the table and only use the house money for future gains. eth is obviously going up in the short term and more than likely in the medium and long. you sound unsure what to do kinda. take a moment and set your goal. when you reach that number pull the trigger. do it with a clear head. you can slowly add the original position back to your account or in full if it was a lump sum. you also give it to a family member and have them “gift” it to you at closing. i did the same for my daughter with gains from btc two months ago. best of luck in the future. nice job!
put a down payment on the house...or pay off the entire home in 5 years?
congratulations ❤❤❤📈god bless you🙏🏻
could anyone share lender names if it’s a bigger or national us lender? i’m a realtor and would like to have some info to help my fellow crypto folks navigate if they’ll be using gains. congrats on the house, op!
may i remind you that it’s better to not vent here, i have no idea as to why you’d want to post something like this. are you that emotionally unstable that you need words of affirmation from this community to make you feel better about your trading decisions? these markets are sporadic and if you’re not emotionally prepared for these events then i suggest you pull it all out. i’ll just buy the dip.
this kinda makes me feel shitty about not cashing out at ,000 last month with all of my investments. instead i pulled ,000 and reinvested 75% of it. currently i’m sitting at around ,000 lol
i would let it ride…
we salute you sir!!
you do you bro
i’m the same. once i get enough to be debt free i’m out.
fucking a right doggy take your winnings and go home. put your original investment back in if you want a second ride. congrats
cheers to you! you deserve it, i’m sure that you’ve handled your fair share of stress to get here.
my man... you can buy the house cash in a few years. it’s a horrible time to buy a house right now anyway. the housing market is overpriced. you will regret selling eth this soon, but won’t regret overpaying on a house.
never listen to anyone but yourself when it comes to taking profits. if that is the number you feel you're comfortable with cash out.
i’ve been in this since 2013 and have regularly taken profits, but if i can tell you something i’ve learned- never sell all. if i had 20% of the bitcoins i had back then…. i learned my lesson and have been much better at it since the 2017 bull market.
selling and putting it into physical assets, especially real estate is no mistake. you will for sure see a return on that investment. it will just take significantly longer, and that’s okay. congrats pimp. enjoy life.
i respect that. i got in and had dreams of making a million or 2 based on a euphoric feeling. while that is still reasonably possible i sat down last night and realized even if i cashed out now i made a huge positive impact on my family's well being and i would call that a win. hindsight is 20.
these circle jerk posts are so fucking cringe
stupidity at its finest but yea sell it all and put it in link baby yea
way to go man! great work 💪
dca in. dca out. but never all out.
if i was you id keep at least 1-2 eth and sell the rest for your down payment. the extra 3-5k now isnt worth missing out on the potential and likely upside imo congratulations :)
cash tf out... go all in on gme!!!!! 🦍💎🌕🚀
i'm very inexperienced with trading crypto so forgive me if this ends up not being as good an idea as i think it would be, but personally my move would be to sell all of it except 10k's worth. that way you can still take a large profit while keeping the original investment staked. perhaps you end up simply repeating what you've already done
65k is nothing to scoff at and anyone who says otherwise grew up spoiled. that’s a lot of money to have in your hands period. however, i do feel skeptical as to where eth may go. the problem is it could go up and you missed out or go down and you lose it all. i’d keep some in. good luck!
i support your idea, most people will say hodl”. i say congrats on your new home good sir!! save 10 k to buy in the bear market 👍🏻🤑
if it’s a good time for you then you picked a good time.
a healthy community supports traders whether they sell off or hold. you’ve hit the jackpot and should enjoy your profit! don’t ever feel shame for focusing on you.
bulls make money, bears make money, but pigs get slaughtered. propers on the wise investment. the way you’re going is the way of someone who will one day have their own butler.
congrats. for me any investment where you dont lose money and you actually turn profit is a good investment. youve 7x you money so if you walk away be very happy. dont dwell about the could haves and would haves. you took the risk to make some money and you did.
i'll hire you as my butler after i buy my mansion! you'll need to learn the bbc british accent though.
if you wait at least a year you'll pay less taxes when selling your crypto!
congrats on your gain buddy 😎😎
congratulations. unpopular opinion - you don’t need to hold any crypto to be in crypto community 😊
never selling. defi in the bearmarket? ya not ready.
no worries, you can always still invest again later
do it bro. my moon is the same as yours. imagine how much more peace of mind you'll have
that’s a hell of a return. i agree with some of the comments saying keep a certain percentage. what goes down must come up or whatever it is they say. more importantly nothing is worth sacrificing your mental health. congrats op! 🥂
good on you! have to lock in profit if your trading. i’m a value investors and believe fundamentally that’s eth is undervalued massively and plan on holding for years. but if you put the . i may suggest leaving a toe in the pool but totally up to you.
congratulations. but please consider keeping a little of the investment. even if it’s just 1 eth.
hold!!! i’m down .29m in gains. 🤑
everybody’s moon is different
your personal moon, i absolutely love it! congrats for real.
wait until after this dip or wait until september.
don’t sell all of it. sell most, if that feels right to you, just not all.
you are not risking 75k you are risking x ammount of eth. eth is the future and usd is the past.
i had invested ’s all house money. i freaking hate that i could’ve sold at , it also could have tanked. but i feel comfort in knowing i have a boatload of profit if it rockets, and if it dies completely tomorrow it was all a fun game.
pull your 10k. let the rest ride
ide take out what you put in and enough profits to do upgrades to the house pay off any debt maybe update the car... ex...new wheels break pads... then keep the rest in there. and buy the dips again.
ide take out what you put in and enough profits to do upgrades to the house pay off any debt maybe update the car... ex...new wheels break pads... then keep the rest in there. and buy the dips again!!!
why would you declare it to tax?
after taxes, that is not a meaningful amount of money. if you knew that would be worth 1 million in 3 years would you still cash out? what about 300k? seeding a retirement amount to retire early is within your grasp. yes it is going to crash eventually. if you are thinking long term, save the money and put it into something safe until the bear market, then buy.
happy for you! it’s your moon which is important. good luck.
you're gonna be sad when eth is 100k lel
healthy profit taking is a good thing for you, and for the long-term health of the space. spread the good word about crypto to others in your life. congrats on the new house. livin' the dream.
great choice man. congratulations and enjoy your new life. it's the best choice. i also cashed out and will be watching from the sidelines.
the summer? you best hurry up and snag that house soon.
congrats op! can i persuade you into keeping 1 or 2 eth just in case? get your down payment and let a couple ride. those 2 extra could eventually be the final payment of aaid house. :) bol
i lost almost 3 m , because i sold only 7-8 %. take always little profit, not all. my mistake was that i did not sell anything via bear market, because i did not knew what i was doing. protip: put taxes away from your cash account, or pay them even in advance. don’t trust the market that you withdraw when will be the tax day.
looking back, will screw up your future happiness. you sound like a responsible, thoughtful and intuitive person. so " carpe diem" enjoy your new home and all the joy and sense of pride that comes with owning your space. r. n.
put it in , unibright, and get rich ...
never forget the taxman, irrespective of the country you are in
sell high, buy dip, use coinmarketcap app to set notifications.
can you let us know when you sell so we can buy at the dip? best of luck to you!
or sell half,that way you don’t lose the money you put into it!
congrats on buying sometimes before that huge bull. now how about selling for % on an appreciating asset?
i won’t hire you as a butler but i will you show how to invest again 🙏🏽 best of luck
crypto is future. i would just take out something more than your investment and then just play with the rest. then you will have 0 loses if everything explodes. that is what i would do
good for you dude. can i suggest you leave the 10k in there, and take the 65? 10k is still a very good investment to hv for the future of ethereum
it's most important to do what feels right for you. a few extra . perhaps you can take a partial profit by selling half or even 2. then take a piece of it and put it in another coin (it is free money, so you do not have to worry about losing it) and with the rest you can do something nice for yourself or your family?
save 1 coin just stay on the ride? but anyways congrats! that’s awesome!!
no one ever went broke taking profit...
better yet for the job , you can be my yacht captain , or if i ever get a spaceship , the royal navigator
lol ape to moon
so, before you cash out all or part of your eth, i would ask you: once you cash out, what are you going to do with the money? if you have a specific purchase in mind (e.g., down payment on a home, payoff high interest loans, college tuition), or if you plan to diversity your holdings by investing in something outside of crypto (stocks, etfs, etc.), or if you just have bills to pay, then go ahead and sell. but, if you are just going to hold us dollars, i'd reconsider selling your eth. the purchasing power of your 70k usd will go down every year from now until you die.
you do you man, it’s your crypto game not anyone else’s.
why not make some dai out of it? especially if you only want to take half. i think you’ll kick yourself later for this.
congrats op. i am really happy for you! now turn that 75 into one fiddy!
dont be dumb layer 2 is around the corner and eth will be 6k by september. damn remember this comment you’ll regret it.! be a beast and hold my guy.
well done. we’ve all got a personal moon. congrats on reaching yours!
too early man... hang on few more months
respect, congratulations on making it this far and all the best for a brighter future started with eth!
touchė well done a gains a gain
just keep at least 1. that way you can still enjoy it when the price goes up.
people don’t need to justify any reason for selling. if you need to sell or have reached your goals (in a lot of cases- wildly exceeded) go for it. don’t feel guilty or anything it was awesome to have you on the team. vitalik bless have a good life 👍
i was reading the post and suddenly in the last sentence the voice in my head converted into jarvis!...
it always makes me emotional hearing stories about people's moon. 🥺🥺😭😭😭 cheers, man! cheers!
i did same with most of my stash two months ago. obviously way too early, but do not have as much regret as i thought. sell once it makes sense in terms of your life plan. congrats :)
it takes balls to hold. it takes paper hands to sell. it takes balls of steel to sell when your goal, or a good, is reached. best of luck mate. maybe keep a 10k in eth. in 18 months you could have another 65k to enjoy.
you can never go wrong taking profits off. you might just want to take out your initial investment plus 20%. when i get stocks that double, i take 50% off the top and the rest is all profit. i have a lot of growth stocks where i own them for free because i took the initial price out and left pure profit. you will kick yourself if it hits
don’t wana be a pity party but please remember taxes if applicable in your world!
congrats! you can always get back in the game later, good luck!
sounds like a good plan to me. it's always easy to look with hindsight but you have to be realistic with what you want. i guy i work with put . to him this is his personal moon. best of luck
if you sell now, you're selling in a dip. you do not want to do that. please please please wait a bit longer.
if i were you i would hold etc for another month ... it will hit 5k ...regulation shit will only make investors trust it more ...
this is your moon my friend. we all have one, but this is yours.
sell after a year to pay fewer taxes
do it! the point of making money is to use it to achieve goals. you’ve achieved one, and to that - congratulations!
bro sell down to the starting number
no!!!! you are in the beginning of the bull market, the peak will hit in sept,... look at the history dude.
remindme! 10 years "hire third butler"
you will see? elon musk is an idiot. he was awful on snl, negative comments from elon musk sent us into a tailspin. he is an idiot savant and one wrong comment just took the market down. he’s not gonna mention how many millions of dollars he lost in bitcoin and people are saying that he has no personality or ability to make himself stand up and out. hodl we’re heating up. plus that executive. cashed out millions and retired from his high salary. he must have bought lots.
congrats. but why get the deposit when you can have the whole house 😈😈
id say sell all but one or half of one, that way if it shoots up any time in the future you can be super happy then too
only invest what you can afford to loose. if you feel uncomfortable taking the risk then that is exactly the right decision you made. congrats on your win.
your decision is yours and is final. my only advice is don’t make it your final decision. maybe keep 5% back and just forget about it for the next 10 years.
no shame in this, congrats. you have to do what is right for you. best of luck with everything 👍🏻
consider taking a crypto loan instead so you do pay almost all your gains in taxes.
if you need the money, you have done a great profit. congratulations!!
great for you, congratulations! still, i'd advise to sell 75% of it and keep the rest running. always keep a foot on the game.
enjoy! i would be out as well!
congrats! that sounds like a good move to be fair. if the amount you're holding is starting to feel particularly uncomfortable due to the risk of losing it again, it is usually a good time to take some profits at least and re-balance.
hey man i don’t even have a clue who you are but your making the right decision. that’s a great return... good luck on your new house man!!
cashed out my 5 coins yesterday the downside risk for me is to high good luck everyone
well done buddy 🚀
this is what it is all about! stick to your goals and you will have a happy life. be modest. be you! great fucking job! and have a fucking absolute legend of a life! 😁😁😁
you do you and do not let anyone tell you what to do with your money! great job with your eth. 🤜🤛
congrats man! i get so happy when i read stories like this. the reason why i got into crypto thing in the first place was to make enough profit to study in canada with my wife. so far, it has been going really well and i am not planning to sell my eths until i make enough money to afford a decent college in canada. i hope one day i will be in your position and creat a post saying "guys, i finally made it!" i wish best for you and those who are trying to reach their dreams.
congrats been here since 2016: sell it all. that's my tip. sell it all and do not look back. if we dips 80% into another true bearmarket, buy then. but we are very high now and that is a fact. could go higher... no idea how high. but all the bubble-signs have popped up
if you have hit your goal, do what you feel is best and don’t look back. there will always be the could. live in the present moment and stop worrying about the future and dwelling on the past. weather you see yourself as a trader or investor- you are right. kudos on the gains!!
great stuff. congratulations on reaching your goal!
sell more than half, about 90%. in case of moon, you'll still have sizeable profits, in case of dips, you'll be able to buy it using 40% you have in reserve. just buy little-by-little to catch most juicy dips edit: and surely do not buy in 4k+ range :)
sell and never look back.
fantastic bro! congrats on making tens of thousands with just a few clicks and patience.
consider keeping like 10%. it could still be worth a lot in the future and you still get your down payment now. getting out up money and doing something that will make your life easier is never a bad call. i took a lot of money out of bitcoin when i needed to move countries. i wish i had kept even a small portion now, but i needed the money then so, it is what it is.
nice but 18 months is nothing
hedging your wins is a good idea imo. some people suggest to sell in increments. just a thought
sell! good for you! now that you have this idea of selling in your head, you better sell or else if it starts to go down again you’ll end up selling at a loss for less than what you have now, trust me, once it’s in your head you might as well take the action so you have no regrets later. i would sell 50,000 keep 25,000 and go from there
tomorrow isn’t guaranteed but that money is right now, no one ever went broke taking profits, especially at 650%! enjoy the money man!
congratulations! i'm glad you're close to your moon! putting down a deposit for a house is a really good way to exit the crypto trading (for now or for ever). worst case scenario, if you feel like you're sensitive to fomo, you can keep 1 eth or something
it's okay to take profits. i know there is all this hodl mentality in most crypto channels, but the point of investing is to make a better life for yourself in the future. i recently sold (80% of my portfolio) to help on a down payment on a house, otherwise i would have been short the money. about 3 days later that would have been worth 't have the house. it's okay to take profits!
my advice, never sell all of it. i've gone through 3 cycles already with certain coins where i decided to just liquidate all but kept a tiny portion, only to be very thankful a few years later. nothing wrong with taking profit and securing half if you need the money or want to lock in a win, but if you need to sell all, try to resist and instead sell 90%. the impact is hardly noticeable but you'll be thankful 3-4 years down the road. for some reason we have a psychological need to complete a process so we frequently think 100% is necessary.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 25 acronyms.) ^([thread for this sub, first seen 14th may 2021, 10:54]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
locking profits is never a bad idea. you won the game when most of us are just sitting on a hug pile of unrealized profits that may go to zero in unforeseen consequences. congrats bro
maybe sell half? look into what weighted dca is, it might be what you are looking for.
i would sell max 50% and keep the rest for until after summer because the bull run is still going. then probably sell another 25% and keep the rest in case the market goes even higher. if it crashes just keep til the next bull circle.
congrats bro!! only take out half ;)
why not take out 65-70k worth and leave in 5-10k in as a long term bet on the next exponential jump?
do half and hold to 10k.
awesome trade! take the money and run. i am a believer in eth too but with any technology comes competition and this is the wild west.
you reach your target, congrats bro. you made it.
my decision would be to take 75% out and leave 25% in just in case! i do this with everything i invest in and take profits on
take it out on the next big bullrun man. sell at ath
congratulations on your down payment!
you done good man, good for you
sell 50% of your position. you’re in a risky position holding that much unrealized gain. also you’re clear of short term capital gains taxes
congratulations! happy for you
no shame in taking profits. we all came here to set ourselves and our families up for a long time. you reached your short term goal and made off like a bandit😁. well done sir. we hope to see you back on the ride shortly. no one stays away too long 😎
congrats buddy! the whole game plan is to reach our personal goals while working as a community, if you've reached it then do not hesitate. we might see you back again though
investing should always be a means to an end. reaching your goal and selling should be celebrated. if you're comfortable with what you've earned, do not let fomo get the best of you. if there is plenty of upside left, there will also be plenty of dips to buy in the future! congrats!
that was the goal. make money. if you take it, use it all for good things and do not look back!
im almost on the same boat. 15k became almost 70k. sold half at 3600 usd now im kinda regretting it. should i buy in again?
butler 75k is enough to buy 2-3 houses if you find the right city for cheap houses and a bank 🏦 that will let you put down 10% you can then rent 2 of them and airbnb the other one and buy back into eth over time 🤩🦾🚀. congratulations 🍾🎉 on all of you earnings bro. now do something smart with it 🧠
congrats! people should take note of this guys’s honesty and make these honest goals. instead of hodl from others goals, learn from this guy and create attainable goals. great post.
congrats man! we all have different goals, i am very happy for you
congrats! may as well hang on to one or two, still more than many of us have haha
from a technical standpoint, now is the time. but i plan to hold for years.
mad respect man ! congratulations !
just take . your stake & x2. the rest you’re golden and most likely will double by year end. 🧠
never sell everything. sell 90%, keep 10% incase of full moon
i would keep 10% at least and just let it ride it out. it's good to take profits for sure and i am happy you have made a pretty significant amount in a short period.
congrats take profits along the way
take the bulk off and trade again with your original stake, spread across the newer coins, 10 years time you’ll afford several butlers.
congratulations! a down payment on a home is a huge milestone. wish you the best!
anticipated fomo is self flagellation. never feel bad about taking profits. it's one thing that many do not do and wish they had.
good call! it will definitely be worth more, exponentially more after eth 2, but everybody's playing their own game man! enjoy your winnings!
congrats on the come-up! i would take out part of it but leave to rest. you will be kicking yourself later when it’s quadrupled and you realize you could have left some in there to continue growing. definitely want to leave at least your initial 10k in there and remove the profits. if it were me i would pull out 10k for a down payment and leave the rest. in 5 years it will probably be worth 350k
congrats. we may see a bear market in 2022 so be ready with fiat to buy back in. do it all over again!!!
there is nothing wrong w cashing in gains!!! congrats 🎉🎊🍾🎈
there's absolutely nothing wrong with taking profits my friend. enjoy your personal moon and speak of us well.
personally, i would only sell around 15% of your position enough to recoup the 10k and the taxes to make the 10k whole. keep in mind if youve held that proportion for under a year the tax rate could be nearly double that vs if you had. (short term cap gain vs long term). it's definitely smart to stop playing with your own money if you have enough of the house's. also smart to have a price target or some exit strategy. it just might be better to not view everything as an all or none decision. you can have your cake and eat it too here.
65k is life changing like what do you mean lol
the ride ain’t over yet.
congratulations! i converted a third of my stack earlier this week, much for the same reasons. i’m expecting to start throwing fiat at eth when the next bear comes though, so hopefully i’ll be back at my old level, etherwise. maybe i’ll see you then? if not, have a good one!
congrats! i’m happy for you my dude!!! crypto needs liquidity so it needs people buying and selling. no one should find someone shit for selling no matter the reason. but it’s a good thing anyways as liquidity is what will bring businesses in.
i come from a very poor poor poor background. my parents had nothing and i stood in the cheese and milk lines way too much as a kid in the cold. i refused to live like that or my children to do so. i scraped and pulled and busted my ass every day to make a buck and keep a buck. i’m not rich but i have over 1, drive the car, i love my career but hustle every day outside of that too. i’ve started and grew 2 businesses and sold them both. moral of the story is you can come from humble beginnings and still succeed. congrats for your financial growth and sticking to it. it only gets better from here!
profits are profits, man. there's no shame in taking something with great value!
congratulations on reaching your moon! what’s the point of gains if they don’t make an investor happy? good decision op, 65k would be life changing money for me tho, i hope you find good use to it!
go for it! i did the same with my doge i bought on the cheap at the beginning of last year. this money is meant to make our lives easier, better, you name it. it’s not meant to just be a number on a screen we drool over and then die without ever slowing down to appreciate our good fortunes.
man, i congratulate you
polkaswap token just come out it’s a dex get in early
rick rule once said something clever. sell it even a part of it, because you are just more exposed!
i’d at least hold like 1+ so you’re not fully bitter if it does keep going up. something i’ve learned these past years is not to sell all of something. might as well just sell 90%. that extra 10 % prob isn’t needed, why not just hold it
you blasted away and landed safely, congrats mate. knowing when you’ve got what you wanted and when to stop is huge and so many people in this world would be better off if they made decisions like this. congrats
congrats! do you mind sharing what made you invested 10k in past 18months? did you believe in eth or crypto, or did you just entered with gambler mindset?
just keep like 10% (or less). this way if this goes up x10 you still make a decent profit without fomoing back in. also this results in a lot less "if i just kept it i would have been rich". of course this is only something you do if you still actually believe in the future of eth (or whatever else you invest in).
congratz on turning 10k on a downpayment on a house, or a car man. not every moon is retirement - nore does it need to be.
this is not ethhodler?
i'd say do a compromise depending on what you plan to do with the money. enough bank padding to feel comfy month to month for emergencies. then perhaps invest in a home of modest value or a fixer upper. duplex. something that would make money over time. just me personally. leave some portion in eth to recognize more future gains. if it just sits in a savings account it is not doing shit and losing to inflation.
cheers! congrats on the gains, fellow ape!
so cool man. congrats on reaching moon. i hope us newbies could be like you someday soon.
i would recommend selling half over selling all, unless you need that money. being able to recoup your initial investment, and basically playing with house money feels so good.
taking your winnings and leaving the table is *always* okay. will there come a time when the number is bigger? probably. but *is* life-changing, if you put it toward smart investments like a house as you say.
no shame in cashing out when you've reached your moon :) congrats!
congrats on the profits!
good on you. delete reddit and all crypto apps immediately upon sale. you may be strong, but fomo is a pervasive agent.
take out 10 or even 15 to make yourself feel better...did not lose... leave the rest and go for it!
i had some loans out and just moved into my own place. my original target number was . when it reached , i told myself that i do not care if it goes up i need this piece of mind. i sold a few to cover my loans and some moving costs and obviously we're almost double that now. honestly i feel so at ease with it, i look at it as the price for a good night's sleep and not having to walk around anymore holding all this anxiety (or constantly checking ethereumprice.org when my anxiety is through the roof) when the lady who took my close out loan payment on the phone said congratulations i knew i made the right decision. i even bought a painting on saatchiart.com everything else is just profit now and even if we hit a correction i believe in the future of ethereum and the ecosystem. i'm in my 30s now. another perspective i was thinking: let us say i do not sell at the top and it costs me tens of thousands if not hundreds of thousands of dollars. if i make such poor decisions financially for the next 40 years of my life that this is the difference between a successful and unsuccessful life, shit, i must have made some bad decisions. congratulations and enjoy it!
good for you for reaching your moon! head on over to , bro.
you should check first if you will be allowed to use the gains off a crypto investment for a mortgage down-payment. if not (which is likely) you can get an account which partners with visa so you get a card where you can pay with crypto. pay all your bills with that card and transfer all your normal income to a normal investment, e.g. low cost global index funds, until you have enough. not financial advice.
congrats! see you at 10k
do it i sold a bunch too to take costs and guaranteed profit out can sleep
thank you for sharing the minute details of your personal finances with the public
gods speed... well done!
well done brother 👍🏼💰
please tell me you did sell
bravo to you. a house is a good thing to cash in eth for. one reason to make , another reason is to buy more eth. oh ya.
that's my money your cashing!!! talk about a hustle!!! hodl!!!😡
if i were in your shoes i would consider putting some into kusama and polkadot because parachain auctions are coming soon, so it should be really bullish for both of them.
yeah. i think it is a bit early for me but soon. congrats on your awesome profits.
man the eip1559 is two months ahead ! its a very big event ! i advise you to wait until juin ! is not tjat far 5000, cmon man !!
paper fucking hands when lambo!
you people are funny on here. lol
[our charts looking good ](
why do we need to know when people sell? who gives a fuck.
can i just have some?
if your smart you will get in shiba inu because shibaswap is about to come out and then shiba will hit the 🌙!! my 26th!!!
hold that shit .!
think like a poor man. stay a poor man.
yeah congratulations! btw, op best to let your gains season before you apply for a loan. fannie or is it freddie do not consider crypto sales as legitimate sources of money. plus they may ask for monthly statements (which dont exist in exchanges, wallets, etc), yadayada.
so much this. everyone has different goals. we do not all need or want lambos and only you yourself know when the best time is to sell.
i will stay in the train a little bit longer and go to pluto, that is my station.
congratulations on reaching ~~your~~ the moon! (yes eth could go higher, but we are literally on jupiter right now)
i bought tsla at 30 and sold at 90 thinking tripling my money would be the best trade i ever made. would’ve been worth + today if i’d held 🤷‍♂️
cramer says don’t be afraid to take profits lol
i want the bear to hit soooo fucking bad 😩😩😩😩
??you say that as if it will never go up or down again. it will inevitably go down and at some point down the line it will inevitably be higher. that's kind of the flow of things.
congrats! 🎉🎈🎊 bogdanoff: he sold? pamp eet! (just joking 🙃)
similar boat. i took profit this time around myself. double my initial investment i took out. still have a bunch of eth for long term though!
i agree, hold some eth. throw 1k into a smaller coin and take your gains my dude.
this. just hold some eth, even just 1, to keep your ticket to the moon!
agree with this... hang onto some forever just for fun. not many people will be able to say they own one whole eth one day. but whatever you choose, find peace and never second guess it.
this is what we call a "suicide stack" because when it hits 25k this year you're gonna wanna long rope if you dont have any left bold to sell before or and eip-1559
this is the way. never completely exit a spectacular asset like eth.
is that the 2.0 release
it's coming. sit tight!
dude do not use your profits to pay off your house, if thats what your thinking. imo
given current interest rates why would you convert crypto to cash to pay off the entirety of the loan? you’d be better off just putting that money into traditional investment accounts while taking your 7% interest to the bank.
hey dude learn to sell once this bull cycle ends in december jan. dont hold for to long otherwise you will see alot of gains thissipate into thin air. just look into market trends and follow what the experts are saying. just my 2cents. gl
this is the way. i just thought the worst i can do is go through a bear market and increase it x fold next bull run
yep, this is all true and possible. we shall see
absolutely, especially with the move to pos, the eth2, flippening, etc... there is just so much potential in these projects. the tech behind this is no joke. i think we are all going to be founders in this thing... i think that says something. i think op should leave at least 2-3 eth in a cold wallet & set it.
> there are so many positive things on the horizon and after all the price only fell a few hundred dollars. only ~10-15%. worth noting that rapid 25%+ declines are quite common with crypto. we've even seen it a few times during this bull run alone.
your absolutely right. the charts are predicting it may even go back down to 2900-3200 than bounce back up over 10k-27k this cycle. i am personally buying more these coming weeks, dollar cost averaging these dips. i plan on starting to sell bits and pieces come december and fully out mid january.
i’m selling because i’m up 700%
completely agree. you want to sell at the highs not at the lows. the rebound back to 4300 will be quick
i assume you have 100% of your net worth in eth then, right?
this is the comment...now is the time to rent and wait.
what makes you think that there will be a housing market crash in 2021? i am generally assuming there will be inflation, where assets become more expensive in fiat. a housing crash would be deflationary, where assets become less expensive in fiat. this would probably not be good for crypto, btw.
it's like 10 years of rent for my shitty flat. nice money, well done.
this is the most insane thing i’ve ever read. are you a van life digital nomad or are you legit just living in your car? if it’s the latter, quit investing in speculative assets, and put that money toward getting a place to live.
where do you shower?
yeah maybe, though part of my goal is to not check the price obsessively as it’s become a legit thistraction
dude, no shame- cash out and enjoy the new house!
and that’s why casinos make millions of dollars haha. best of luck though
not sure why you’re being downvoted. this is accurate
i thisagree. op 7x'ed his money. that's a crazy return in any market, at any time. not only is op 'built' for this game, they excelled at it!
i love this comment 😂😂😂 op isn’t about the life
or it is a casino and you have no idea what you're talking about describing appreciation of a crypto and compound interest as though they are the same thing - they are not. we're all playing a game of chicken it would be wise to admit it. some have the nerve or the means or both to stay in. this dude is doing what's best for his situation. i salute him. i personally would leave a little nibble for the same reason he got in with the original 10k which i assumed he could not afford to lose either.
i was ok having x% of my portfolio in super high risk assets, but now it’s suddenly a much bigger share of my net worth. just re-balancing my risk allocation
while that may be true, you can’t live in a eth coin.
if he puts down a 10% deposit then his property is effectively a 10x leveraged investment. so 5% per year is actually more like 50% per year. the main reason people make lots of wealth on property is because it is standard practice to be highly leverage which is not the case for other asset classes. no one maintains high leverage on crypto because eventually the volatility liquidates them. if you don’t have a lot of money in life then property is a great investment. once you are already wealthy stocks and cryptos are much more effective because they deliver much better unlevered returns. you aren’t going to have 10x leverage on property outside of the actual property you live in.
paper hands! i’ll be dead from stress by the time we hit
so i take it you hate paved roads?
i’m not paying with eth. sell eth -> put cash in checking account -> set aside some to cover taxes -> write check for down payment using the rest
don’t selleth all of t. selleth most, if 't be true yond doth feel right to thee, just not all *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
this is what i ended up doing
taketh out 10 'r coequal 15 to maketh yourself feeleth better. did not loseth. leaveth the rest and wend f'r t! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
sold half, staked half. no ragrets
this. i'll be closing on my new build home in july, and my lender made it very clear that i should most certainly not transfer any crypto gains into my bank account until after we close.
those mortgage ppl are crazy detailed about sources of income. i sold some furniture on craigslist & deposited literally . damn near derailed my mortgage.
interesting, i wonder if this is just a us thing. remember folks that you don’t have to stick to the bank you opened your first account with. you are the customer, make a choice! look for a new bank who will accept deposits from exchanges, and test it out (send a bit). kraken is a us based crypto exchange, and ~~they are also a licensed bank in the us.~~ (see edit) sending money from kraken to another bank should be easier than trying to transfer directly from some more obscure place. once your fiat it bank in the traditional banking system there should be no reason to worry. — **edit:** *please read [this about kraken bank]( , they are not a bank yet, but they are opening a bank with crypto as first class citizen.* *they are a great choice for off-ramping fiat to traditional banks.*
does your username ever work?
wait this does not make sense to me. if you've sold out to fiat and then apply for a mortgage, why do they care where the cash came from? it's not anything other than cash at that point. discriminating against dollars entirely defeats the purpose of fungibility
i had no issues and my lender let me use funds the same week i transferred them. just my experience
what does it mean to let your gains season before applying for a loan? can't one just sell the crypto for cash through something like coinbase and then that cash becomes part of their savings?
we don’t all “need” lambos. but, we all want lambos.
i'm not selling till andromeda.
that’s what i’m talking about
fuck pluto i'm going beyond the outer edge of observable space
yep! bull run still running!
charon is my moon.
i’m headed to the galactic center
i’ll consider selling everything once we get to the ton 618 supermassive black hole.
did this with bitcoin. bought a peice of shitty software for what was . would have been worth over ,000,000 at its peak. you know in breaking bad when walter says he looks up the value of his old company every week? me. with bitcoin... i still have trouble falling asleep somenights thinking about it.
glad to see you learned your lesson...lol
maybe try taking a loan out against your ethereum? look up defi loans. get the house and keep the eth
yeah, hindsight can be tough but no way to know which way they will go.
if 65k is not life changing, just leave it in. effectively it is still only 10k lost even if it goes to 0, which should not be a big hit considering that 65k is not life changing.
bought 10k bnb 0.14 in 2017. sold 0.30 a week later. would be worth over 6mil now... bought 20 btc 260 in 2015. sold for 750... i hate myself for doing so.
dude i also bought tesla at 30 and sold at 90 roughly. rip
could be worse, i had 3000 doge at .035 for a total of . worth 60k at .70 😑 so 3mil shib it is!! not missing this train. never fun when you think you are maxing out and it goes way up later
10k first then back to 1800 plz
it’s not profit until you cash it
which small coin would you recommend? am looking at more opportunities with the current dips
they are two different things. 2.0 release moves eth from proof of work to proof of stake and is expected sometime end of this year or q1 next year. eip 1559 overhauls how gas fee is used - instead of going to the miners, it will be burned. it makes the currency deflationary and is expected to increase the price of ethereum. this is coming in mid july. edit: spelling
i want to believe! it would be truly a dream to reach this huge milestone in life before reaching 40... i'm literally on the edge of my seat everyday now... lol just watching and dreaming of this scenario playing out. but the reality is that i've seen all types of versions of this movie. it could go parabolic again or drop to lows to crush my spirts until the next bull run. i'm keeping myself grounded but... damn it if keeps going... ho ho. i wont know what to do with my hands.
it is my personal moon. i work in oil and gas so the job outlook is always so volatile. i want to live the rest of my life worry free.
by eliminating the home loan, i'm essentially eliminating, in my case, about 300k in interest over the course of the next 20 years. seems good enough for my situation.
assuming we go to the moon, what i pull out will be worth more per unit than i paid. so i'd be on the hook for the difference in gains tax
that’s not how taxes work... if the fiat value of the token you sell is higher than when you bought it, tax is due. it doesn’t matter if you only sell the same amount in fiat that you initially put in.
taxation is based on specific tax lots bought and sold.
that doesn’t make sense. if i buy two eth for a total of , the price of eth triples to , and i sell one eth for , i’ve still made a gain on the sale. wouldn’t the cost basis on that sale be , and the profit ?
you guys do not have crypto as fifo?
doesn't it depend on the tax year? i think that is the case in the uk. if your down 10k year a, but up 10k year b, you still pay tax on the 10k 'gained' in year b. year a is just a 'that sucks for you'
yeah i decided to just sell half. this way when it goes to zero (🙃) i’ll at least be able to say i tripled my investment
you don’t have to explain your strategy, i’m happy you’ve done this well
100% of my investments
crypto is world wide, not just the us, our housing market economy shouldn’t have any effect on the crypto market since again it’s a globally exchanged market
no bro you dont understand, that would be the worst financial decision, havent you heard that literally everybody is going to get rich off of crypto? investing in a depreciating asset like a home are you kidding? doesnt matter that doesnt make any sense, but bro just trust me we goin to the moon. daymond hends. 🚀🤓💥👌🚀🙌🏻🙌🏻🤓💥💥😎🧐🤔🙃🤭
i just did the same thing man but i left a third in and staked it on eth 2.0 so there’s no point to check it obsessively. same amount as you too. i think you would be mad if you didn’t leave some if you honestly believe in ethereum
move eth to cold paper wallet. delete apps. block websites on your comp. congrats btw. i am in similar boat but only about 2k invested and sitting on about 18k. i sold for first time a couple days ago (at ) - sold 1 eth - we needed a new front door and patio table and chairs - i figured why not. it's been a long 4 years of hodling - wanted to have a little bit of fun.
i guess 65k just doesn’t move the needle. i’d literally just put it in my savings account. i’d much rather just leave it in ethereum and potentially have 500k in the next few years
yeah thats great. but his health suffered. he should take his profit and find something less stressful. good for him. but health is more important.
look, there is truth to holding, but noone ever got poor by taking a profit. you made quite a lot of money. ethereum is still volatile, it *can* drop. it can also shoot up. both are possible. if, however, the price does go down and you need the money for an emergency, you are out of luck. a safe bet would be putting the gains into an etf. it is less risky, but you will earn less.
no. i hate being forced to give my money to the government.
really? i’m about to close on a townhouse, and while i’m not actually using crypto gains for the down payment, i did transfer some into an account they looked at. the mortgage underwriter just wanted to see the source for those transactions, so i generated a report from coinbase. they got a little confused because they didn’t quite understand coinbase’s report - they thought an eth sale looked like a transfer from somewhere else, but once i explained it there were no issues. quicken can even link to coinbase for proof of assets.
i really thislike the hate from lenders and banks on crypto like this. one day we will be able to buy all goods and services with crypto directly and banks will cease to exist, i hope this day come very soon and very fast to get rid of the lender and banker hate on crypto asap. this dinosaur needs to die.
this may not be crypto related. in general, banks want to see the funds you will use for a down payment in your bank account for a number of months to prove that it is yours. if the funds suddenly appear they risk it being a loan which would change your debt-to-income ratio. they will make you provide lots of documentation to prove they are your funds. crypto is not easy to prove (or banks to understand) so it’s an even riskier move. so come to think of it, this may be somewhat crypto-related after all.
lol i wonder what they’re gonna say about my validators
so that you don’t exceed ,000 capital gain in a year ? max tax rate is 37% in any case
what? my lender never said this and i have a fully verified approval. i even told them i had crypto gains that i was planning to use for the down payment. underwriting never questioned anything. is it different after you actually get your offer accepted? may need to give them a ring tomorrow.
dumb question, but where would you keep your gains once you sold if not your bank account? on the exchange?
this. i had to show ebay receipts for things i had sold months previously to verify the source of down payment money. the money has to be 'aged' in an existing account to not raise flags.
can you elaborate on why that would make a difference, especially a deposit? i just graduated college and have never looked in to buying a home.
>wait this does not make sense to me never did make any sense. literally put myself back a day because i moved a few thousand between bank accounts--once using a pull, once was a push. had to send pdfs to show source and destination with a note that explained why one was a push and one was a pull. they got really confused so i had to send a second note explaining there were ach limits placed by the bank. and when you're on the clock under contract, every day matters.
transactions in a bank account used for a mortgage require scrutiny for underwriting. basically explaining away all cash movements that are not normal bills or direct deposits. best to form a separate account, put the down payment in it and let it sit for 3 to 6 months without touching the account. "seasoning" means the transactions are old enough so as not to be under the scrutiny of underwriters.
facts, even a porsche gt3rs would suffice lmao
pluto is a piece of shit
we’re gonna blow straight through uranus!
the guy who founded victoria’s secret sold it shortly after for ... a life changing amount of money, especially back then. it eventually became worth billions and he jumped off the golden gate bridge and killed himself. it’s all relative... don’t be too hard on yourself. as i get older i realize how many forks in the road would’ve led me to totally different paths… you just never know
i was a functional opiate addict in 2014. and because i was too snooty and proud to buy off the streets (and scared) ...i taught myself to purchase bitcoin, tumble it, use the dark net to satisfy my habit. btc was around ...if i had just held on to a few - even half a coin. well i’ll tell you what kids...this aint happening this time. i started buying into ether at , am up by a large margin. hodl this is the way. but i also respect that there are “other” ways.
my god it hurts reading this.
remember that the moral of the story was his bitterness and resentment ate him alive.
that legitimately sounds tough. sorry fam
username checks out jesse pinkman
this is terrible advice. taking a loan out against the value of a volatile asset class to pay a down payment to get started on another bigger loan is a recipe for “oops, life over” foreclosure and bankruptcy events.
3000 doge at 0.70 is worth ,000
same here! sold my 45000 coins for 3k worth 35k right now. looking back i thought i was a clown for buying doge, now i’m the clown who sold doge
a bird in the hand is worth two in the bush
lol it was 1899 this morning
yessss it’s here 😍😍😍
if this market takes a down turn everything that is not btc and maybe eth will bleed the hardest. if you're good at buying low and taking profits then i guess do not listen to me, but all my friends over the last 6 years who thought they could beat the system wound up losing or making way less than if they just held on the big 2.
ada, algo, vet (hedging my algo)
research is golden, so pick something you believe in. ada, xlm, matic are a few that i like.
ada is a good “hedge” against eth. it showed it this week but do your dd and good luck!
safemoon, matic, and one with a ton of upside but certainly higher risk is mally
rpl is my small cap bet
that one dog coin probably. i think the kids are calling it doge?
damn that’s not good for my stock. thanks for the explanation
quick question - how will it make the price deflationary if new eth is being awarded via staking? surely the new eth created via staking will be greater than the eth lost in gas fees and the supply will increase? please eli5!
dude pay your mortgage off with the staking interest and have both??
yes, but if your interest rate is 3% and you’re able to earn 7% compounding in a traditional investment account then you are giving away 4% of investment gains that will compound. if you were to pay off your mortgage you wouldn’t be nearly as liquid as you would be with that money in an investment account. then, if the market went tits up you’d have dumped all your money into an asset that has lost value.
taxes on crypto? are you retarded?
if you're down 10k but then up 10k when you sell, you're back at cost basis and owe nor deduct 0
aww man. don't be scared. seriously, this past couple weeks have been crazy way too much media attention has caused a thisruption and attracted the wrong crowd. the technology will win in the end and you'll be happy you held some! i'm one of those early guys on btc who did not hold, and the same with eth 4 years ago. i'm not leaving this time... i'm in on this tech and loving it!
honestly i would just sell enough to make sure you make your initial investment back. also check the tax laws, i feel like i saw before that capital gains is lower if you have held the investment for at least 2 year. but as someone holding i have not investigated, hopefully someone who knows much more will see this and clarify.
he does not owe you or anyone else an explanation or justification for his trading choices.
it’s called delayed gratification. i’m a usmc marine. living in my car is no worse then afghanistan. by delaying ‘wanting a home’ i’m able to dca numbers i could not come close to otherwise. i’m not an idiot i don’t think i’m going to be a zillionaire. i have a number that i am shooting for an it’s not even a million. once i reach my number i will execute my plan. then, i will be able to afford my goals. it’s not about get rich quick. it’s about overcome, improvise, adapt.
>i guess 65k just doesn’t move the needle for you. i'm glad you know your moon, though keep in mine it is not the same as op's.
yeah, i misconstrued your intent and thought you were slamming op. no worries, and i agree!
this is why we defi
true! one day we ll live in the world w🏦 lol cheers 🍻 guys
banks will always exist, they will just invest billions into their computer systems to run everything on blockchain. ironically, it will be banks that being crypto to the masses.
if you were wondering why they thislike it, i think you just answered your own question. everyday, their demise becomes more inevitable and the pace quickens. the other thing is that when you apply to these dinos, they like holding all the strings. they get to sit in judgment while wielding the power they have over your future. one of the best things i did when applying for a mortgage was setting it up so i did not have to give a single fuck what the all seeing, all knowing, sauron-like underwriters "wanted". more than half the time, they already had it and could not find it or were just testing me. it's a ridiculous and outdated set-up.
banks would not cease to exist in their important functions: evaluating and giving credit and underwriting equity based on real-world off-chain evaluation. but easy fee-based rent-seeking for basic transaction operations will be competed away, particularly after central banks issue and redeem coins, i.e. it is money. what's more there are thiscussions that with such a system, a fedcoin could earn interest, from the fed, for doing nothing but sitting in wallets, presumably at the cash treasury. this is a better deal than virtually all banks, and is essentially a 0 fee money market account. all over the financial system, participants would convert cash holdings to those on chain, ordinary people and large institutions with a trillion. if banks wanted deposits, they would have to compete for them by offering returns above the fed rate. from the fed's point of view, their control over this interest rate would immediately occur and propagate to the financial system at literally a click of button to push a config. ordinary people would have an automatic savings account and be able to use it in small transactions on-chain.
could you buy conventional stocks with crypto, then immediately sell those, to legitimately claim to have had a (normal) investment windfall?
surely if crypto gains are taxable they should also be recognised by banks as legitimate income. double standards smh
but it is a block chain, so transactions can be seen. i do not understand why they (bank) wouldn't understand this...am i missing something? (note: everyday i learn something new re: crypto. it's funny because i'll be "ok, i am getting this!" then, something else comes along, and i'm going," oh! ok, there is this! " and so on!
it really is bank by bank, and some more depends on underwriting as well as whatever software people use (i'm not joking. some firms have it so formulaic and restrictive that if an asset cannot fit into a box, then it is a problem because they do not know where to enter crypto sales into a field on the computer). you may be 100% okay, while some people get fucked around for using crypto proceeds. there's just no standard yet. good on you for following up, but i did not mean my comment to lead to anyone's concerns.
they want to verify the source & why you have every penny in your bank account. i assume it is to avoid people using real estate to launder money but it seems ridiculous how stringent they are. literally any deposit that is not from your verified employer is suspect in their eyes. i am not a mortgage broker so i do not know much more about it. you should consider talking with a local mortgage broker a few months before you start even looking for a house just to make sure your ducks are in a row. edit: swypos
man, i already hated the banks, but this just ices the cake. thanks for the story and helpful tip
sidenote... has anyone actually ever msg'd you their boobz?
you take that back
interesting read, just looked it up. he sold it for . he then tried to start a kids’ clothing chain called *my child’s destiny* but failed to incorporate the company and therefore lost everything personally when the business didn’t work out. then he tried like five more companies that all failed. i’m sure the ’t get out of his own way.
pretty crazy to kill yourself over something like that when you’re already doing well with a million. unless he pissed it all a way. still very sad.
is it really terrible advice? playing it safe is a quick way to get burnt also.
well that makes me feel better!
yeah it happens so luckily maxed out on some shib for 3.4 mil units. may take forever but just going to hold.
idk what that means but i agree
enjoy getting your shorts liquidated
seconded. though ada is definitely not dipping at this very moment
i like algo also, on my list to look into some more before investing
bought lots matic yesterday on that dip... all in
i’m all about that matic.
i love ada but honestly don’t consider it small coin anyomore. it has such an amazing ecosystem and idea, it’s gonna be huge in the future :)
sorry, i guess i should have said it *could make the currency deflationary depending on the network activity. so what happens with eip-1559 is, it will double the block size from our current one and set a fixed base fee per transaction. however, the goal is to fill the block to 50% by increasing the gas when it gets more than 50% full and decrease the gas price when less than 50% full (this allows for predictable gas prices and the flexibility to go above 50% ensures that some transactions are not stuck for a long time). therefore, if more transactions per block = more eth burned. now with eth 2.0, with proof of stake, new eth is issued just enough to secure the network - i.e. enough to incentivize people to stake. this significantly reduces eth issuance as incentivizing miners to keep mining eth is far more expensive with start up costs and electricity usage. so depending on the network activity, it could go either way. if the sum of all fees burned is greater than the annual issuance, you have deflation. the current expectation of many i've seen so far seems to be that it will become deflationary because of the sheer amount of gas we are paying. (that is how i understand the two upcoming updates. to those who have a greater understanding of this, if i am incorrect, please feel free to correct me.)
thats the power of passive income, or sell eth buy high dividend paying stock portfolio and pay some or part of mortgage payments with dividends
this is incorrect. pulling out .
is this the case if they are two different tax years though?
well from his post it doesn’t sound like it moves the needle for him he’s just scared of losing it. which is fine to each their own.
well you went 50. plenty of skin on the game seems sensible to me
exactly, but i'd love to buy things like day to day items with crypto and stop using old dinosaur banks completely.
i’m no financial expert, but i think the issue of providing documentation as to where that money suddenly came from would still exist. where did you get the funds to buy 75k worth of stocks and then cash those out without ever touching your bank account?
no worries, thanks for the heads up. i asked and was told policy changed very recently for this and i should be good to go.
that's super awesome information, thanks a lot! sounds like a nightmare lol
i will not!! it cannot even maintain planetary status. it's basically the fiat currency of planets, diminished in value :)
les wexner 100% looks like the devil spawned him.
> he sold it for . why? i think what i've read is you sell for 3-5x your annual profits or something like that.
he didn’t piss it away, he lost it trying to start new companies and failing. ouch.
missed potential earnings are not the same thing as losses.
real money in your hands now is worth more than theoretical future money.
weeeeee!!! the roller coaster has an epic drop
interestingly, matic didn’t really go down so much in this bloodbath. it was around 0.70 last week when i bought. so even with this week’s dip, it’s still a 20% gain for me.
this is very helpful, thank you. my hesitation with currencies with an uncapped coin limit is always the inflation argument, but for most coins this is largely mitigated by the capital increase of the coin, which should outstrip inflation over time anyway. staking will be an easy way to keep your eth in line with the pace of inflation as well so it should not be an issue at all, but always something i am mindful of!
i do not know in the uk has a wealth tax, but in the us we are only taxed on income and gains. in your example, year 1 has no taxable events but the sale in year 2 triggers one.
speaking from personal experience, having a down payment on your first home is a big deal.
that day is closer than you think. give us one more once in a generation economic thisaster and i reckon we are there to be totally honest. cherry on top if it is not a virus and instead caused by the toxic banking sector bending their own rules for profit.
yeah. it's so onerous, i did not even bother with declaring 1099 consulting stuff. i just stuck with my w2 wages...
bullshit. pluto is so cool they created a new category of objects, plutoids. there are now only two plutoids, like blue chip cryptos. meanwhile we thiscover more planets every year--planets are in fact fiat.
close friend of epstein too. great guy.
are you familiar with defi loans and how they work?
in the uk we do get taxed on crypto gains. i believe that losses and gains are taken from that tax year alone. if anyone is deffinate then i'd appreciate it.
yeah i worked hard and saved up my down payment. but 65k is a hell of a down payment fha you can go 3.5% down and keep the rest in crypto and potentially pay off the house in 4 years. but i’m sure saying fuck i shouldn’t have cashed out at 3500 the rest of your life will be fun too.
gamestop already on it 😂
corporate government bailout time!
shit you just won an internet argument and i stand corrected, hat tip to you :)
i know if you take out 100 bucks you have to stake 150 and you could lose it all. congrats, you lost 1.5 down payments. should have just saved up.
you’re not wrong, but i was personally starting to feel like my desire for gains was driven by greed vs optimism. i may regret it because my initial investment thesis - which has not changed - was based on eth2 and a 10 year hold. maybe i just don’t have the heart for it
i never thought i would die fighting side by side with stonk apes
also i just realized uranus, by the name of it, must be the shit coin of planets.
i'm feeling the elation that reddit was built to give. good game, sir or madam.
most borrowers deposit 200% of what they’d like to borrow. if the price of the collateral asset starts to tank, the pool will use its circuit breaker. the rules of the pool state that they won’t lose money, so as the price falls to below 120 per cent of the loan, the pool will start liquidating the collateral to cover the loan. the borrower ends up eating the loss, but will get to keep their crypto. if a major dip comes you hold, buy more.
i’m in the mortgage industry. before you sell look into an fha loan. you wouldn’t need a huge down payment and keep some crypto in the game. i just hate for people to sell and then to see those post down the line where they are talking about how crazy they feel for selling. i don’t know what you bought eth at but it may be at a price we won’t see again. just some food for thought. obviously either way i wish you the best. it could tank tomorrow so who knows. but usually people leave at least a little in and then try to build back up when we go bear with dca.
and here we are 😎🤘🏼
what about side by side with a fellow hodler?
uranus is a total shit coin planet, and as much as it hurts me to say it, until eth 2.0 comes out it is basically jupiter (gas giant)
maybe the first time in history someone actually converted someone else on the interwebs. let's join our voices together and loudly proclaim that venus is a shit hole though
i can’t live in my eth and i need a bigger space to wfh
he doesnt strike me as the type of person to be passionate about buying yachts, cars, or houses. heck i do not even think social approval is his main drive. his work seems to be his passion. what use has he got for a billion if thats the case?
vitalik shatters the everyday billionaire stereotype, we need more people like him
well, well, well - anyone trying to rekt the shiba inu shitshow has my massive respect. donate all the money obtained to a noble cause as well ? gigachad indeed
vitalik is the reason i got into eth in the first place. i did not really comprehend eths value at first, but hearing him talk about it compared to other crypto devs who were all trying to "sell" their concept whereas he just seemed to be really passionate about geeking out on eth
great guy but didn’t he just donate a bunch of shitcoins ?
vitalik is the chad but now we are doing watermarks on posts?
donations: ' * donation of ,970 of ether to the machine intelligence research institute in 2017. * donation of .4 million of ether to the sens research foundation in 2018, for the research on rejuvenation biotechnologies and human life extension. * donation of ,000 to the sens research foundation in 2020. together with sam bankman-fried and haseeb qureshi, a total of ,000 was donated the sens research foundation to combat aging and aging-related thiseases at the choice of users of twitter through open voting. * donation of .14 billion usd worth of 50,693,552,078,053 shiba coins to india's crypto covid relief fund in 2021 * donation of () to the methuselah foundation, which focuses on extending human lifespan, on 12 may 2021. ' net worth: ' * 333,500 eth \~ ,546,549
can we really consider the shiba coin donation his? i mean, it was really the bagholders that put up the money.
a man who knows what he is doing
lol thats only because he donated at the top and then eth has crashed in price since
when you’re making money out of the air it’s easy to donate them all
he needs to donate some of that money to a barber
no thisrespect, but does not his hair kind of looks like a memoji
how tf did you come to that total net worth??? i appreciate his donations, but still no reason to lie...
thanks shiba inu 🐶
i’m glad someone is making a profit on eth.
holy shit minecraft steve!?
technically, he is helped create for others way more wealth than what he is donated. i mean, where is defi? wealth creation is even better than money donation. donation does not increase the pie, it only rethistributes it. wealth creation expands the pie for everyone.
the more you give, the more you get.
don‘t forget how much he burned :)
i thought this was matt smith for a second
easy when some gives you
how are we so sure that a portion of that donation money didn’t get pocketed 🤨
vitalik is pretty badass
such a great guy
the genius figured out how to make people throw money at him 🤯
okay unpopular opinion here, but with .
are we just going to flat-out ignore the billions of dollars he destroyed because he did not want to have that much money?
admirable , but at the level income charitable donation is almost a requirement with most tax laws unless you truly want to lose it.
imho, he needs a good barber.
we all love him
he also had (as in billion) worth of shib at its peak before burning it all
been a fan since i heard about him back in 2017. dude is smart as and will continue to follow him into the future.
this is still less than 0.2% of his wealth.
i think he is a great and talented guy and i'm not trying to troll, but every time i see him,- i want to take him to go lift some weights. let's get some meat on those bones brother.
is there another picture of this guy out there somewhere?
yoo vitalik hope you read this comment you should give back to the people who lost money on eth
this is reddit - i thought suppose to be “good, there shouldn’t be any billionaires in the world. even 700 million is thisgusting. he didn’t work for that money. no one should have more than 1 million net worth, or they should be taxed at 100% beyond that.”
he a damn idiot thats what i see
proof all billionaires are evil and the world has no use for them
good job tho, some howe he got all this free shiba gifted then he donate all of it and wola tax free money in the pocket. good job v
and nobody has donated , even to find who can lend me is hard. i only have less than 5 weeks to park out. i live everyday with depression(thinking) on where to go with my family. i hope for a miracle.
>he doesnt strike me as the type of person to be passionate about buying yachts, cars, or houses. all he buys are cool unicorn t-shirts 😂
he talked about on a podcast when asked about nfts. then he is like 'i probably wouldn't have the mona lisa, i'd have a photocopy of nyan cat" lol edit: it was on one of the lex friedman vitalik interviews, i'd recommend them they are a good listen
yeah i do not think he cares about the money at all. he's never held more than 0.9% of all eth supply which is very rare in the crypto space. even satoshi allocated like a million btc to himself
probably well aware that yachts, cars and houses are the dogecoin of happiness
being passionate about the work we do is what defines us.
>what use has he got for a billion if thats the case? this is like rocket fuel for his engine. he may not care about it but it is certainly useful for achieving any of his long-term goals.
with vitalik at the helm, ethereum has a bright future! there are many other wonderful devs working on eth as well!
yes. it's evident that he works with passion and does not focus on money.
he just buys more eth lol
let eth get to 'll act just like him. i promise
you have billionaires like jeff bezos who try to hoard as much money as they can and then you have vitalik who literally does not care about money
i hope to be like this one day. i may not be close, but i will try to offer equity and give others the opportunities they deserve. i just want to make the world better.
the humble boss. as simple as that.
i think so too i just really hope it isn’t an act. i’m losing my faith in humanity day after day.
make me a billionaire, and i promise to give most of it away! i could easily live out the rest of my days on 5% of a .
he actually burned most of the shiba inu to avoid crashing the price. the shiba inu devs originally sent him 50% of the total circulating supply without his consent when the project launched
a billion dollars worth of shitcoins
yeah i've seen a few of my posts floating around on instagram and twitter. so i thought i should put that in there because it will help grow the sub. i also heard comedy posts might not be hidden after 6 hours if they are oc. i would love to hear if you think there is anything wrong with watermarks
wow that is amazing. however virtuous long life may be, someone definitely needs to donate to raising the quality of life for everyone first or it will be hell for all but the wealthy. long life is living hell if you're just a wage slave, or straight up slave (which still exist today btw.)
i do not know if it is fair to say his .14 billion usd donation of shib was actually that much - there is not enough market liquidity to get that amount. it's probably worth way less than that.
shit india better sell those bags of shibe lmao. most of those are shitcoins tho
> 333,500 eth ~ ,546,549 so does he stake it?
vitalik the captain eth.
he is more like vitalik the regular guy. that is what makes him special.
only if he cares about his appearance. i tend to sympathize with this "if you do not like it, then do not look" approach of his. top bloke.
you a damn envious broke guy thats what i see
it suits him very well lol
and cats t-shirts. that's flexing.
for a peasant 8 btc (or eth i'm not sure what he says in the interview)
it’s the complicated design that makes them expensive
we all have our passions.
is he unto uniswap a lot?
says it all really 😂
satoshi mined all that btc himself, no btc was allocated to anyone, it was all farely mined.
yes. although they were different times and different situations.
um... vitalik left eth because of his thisagreements with the team. he left to create polkadot, to "deliver on the promises that eth couldnt"
so you will be a billionaire off eth hits 20k?
true! if vitalik had near the amount of bezos worth, he would solve so many problems alone. however he will not be able to accumulate that much as he would have given it away. love that guy
let's raise the level of thiscourse to something worthy of a vb appreciation post. characterizing bezos as "hoarding" is not it.
i mean, leaving ’t necessarily scraps. but gottdamn i agree that more people in power should be like mr. buterin.
that is really something.
a good way to start is by helping those around you, no matter how small
yes, but him donating 1b tokens if viewed through a neutral pov is straight up rugpulling the token. man shot down the gas prices, kind of shut down the shitcoin show for a while aaand donated the proceeds to a noble cause. gigachad
really what’s it worth now ? if i give a homeless shelter in india my 1 million ton solid gold asteroid ☄️ in outer space , what have i really given them if they can’t sell it ? a billion “worth” of highly illiquid shitcoin might only be worth 50m (still generous) . he is a great guy donating the shitcoins but he gave billions of shitcoins not billions of , we don’t know how much this charity was able to get for the coins , but i am pretty damn sure it wasn’t anywhere close to a billion, the price would have collapsed
nah man there’s nothing wrong, it’s your content...heck even make an nft!
no. its all in a cold wallet
shut it white boy
the real flexing, not about money but knowledge.
> it was all farely mined. if it was fair, then ...i'll ^race ^^you ^^^to ^^^^the ^^^^^car
that is correct but my point is he still holds more than 5% of bitcoins total supply. if he decides to move those funds it could have a severe impact on bitcoins price. vitalik sells some eth from time to time and it does not have any affect on eth
lol dude that is like these 'democracies' that have the one guy run un-opposed his whole life
think you’re a little confused. one of the other co-founders (gavin wood) of ethereum is who left to start poladot.
not vitalik gavin woods left.
yea it’s going to need to get a bit higher than that for me
is that what i said?
is it in the bank or in crypto? don't think anyone here is interested in vb liquidating all his assets tomorrow.
true dat. as a miner i miss those gas prices haha, but as an eth holder i'm glad it happened. too many shitcoins is bad for the legitimacy of ethereum and crypto as a whole imo
it was basically the only thing he could really do in that situation. he handled it well though.
lol. i really like your username
knowledge is the golden virtue.
how do you unfairly mine?
yeah but like 90% chance hes dead or doesnt gave access to the wallet. my money is on that hes dead, but i would also bet he intentionally abandoned the wallet to essentially burn the btc. owning that many coins was counterproductive to the thing he was trying to create. also his btc was worthless back then anyway and bitcoin was more of a social experiment to him then a buisness venture.
do we really know how much eth vitalik holds?
he is a unicorn saint. but after he sold 30 000 ether privately and 70 000 for the foundation the market crashed. not saying it was wrong but of course it affected the price.
if i'm remembering correctly. . he did start to move some coins from those original wallets when the price went to 50,000 just within the past year
i just don’t think saying that vitalik doesn’t care about money is right. fiat? maybe. but the man invented a revolutionary form of money! i think he cares about it a great deal.
*i like to play both the sides so i always come on top* - u on a side note tho, it must have been a helluva gainz when gas fees passed the 500 gwei mark eh ?
definitely this. this gas prices were great if you were mining. 3x
yeah, very impressive - killing 3 birds with 1 stone
read books and get rich lfggg smh
i suppose if you're the only one mining at first its rather easier to get that much btw i've listened to an interview with one of the guys who was in super early in the circles with the winklevoss twins, and it seemed like an unspoken secret. they all believe he is dead now too, i doubt any of these early insiders would ever even admit who they think it was since it opens bitcoin up to defamation of satoshi if he ever did anything in his personal life could hurt bitcoin. with the mystery everyone can simply believe all their own opinions and the best of him, almost like jesus tbh all his followers wrote the best things about him and that became the bible, no real record of anything else to defame him which would hurt the whole group.
pre-mine. basically you mine it before releasing the coin to others to be able to mine too.
yeah he holds 333,500 eth. ' he made his address public when someone on twitter asked him to
damn right! that one week of mining paid off like a quarter of my new gaming gpu. i'm glad that the ethereum network is usable again but man do i miss those days
and on the other side, some of us had to pay + to withdraw 🤣
and do not forget the highly likely assassination of satoshi by the big bankers . . i'm sure he saw that possibility and that is why he remained anonymous from the start
damn bro, good for you, i just bought a few skins with the donuts i amassed on this sub recently 😂
i do not think he has other wallets because he does not care about money, if he did he wouldn't be donating a billion dollars to charity. you are right though, we should not idolise a man because it goes against the whole notion of decentralization but i do not think there is anything wrong with appreciating someone
ok someone go find out what the biggest wallets are on the network and then ask vitalik if he owns it
if he had other secret wallets he would likely be guilty of tax evasion which isnt an intelligent move for someone of his wealth status. also when your making a startup for a new crypto like polkadot, hiding your wealth is not a smart idea either, investors whales dont want to be alone.
i like the guy and agree he probably does not care about wealth for honest reasons, but let us not thiscount the possibility that the reason he does not care much is because he has a lot more that we do not know about.
most billionaires donate huge sums of money to charity. doesn’t mean they don’t care about money.
i believe he lives in singapore where there is no tax on crypto. and even if he was in north america then just because he has not gone public with "secret wallets" does not mean he is evading tax
depends on perspective. jeff bezos had donated , but it’s less than .1% of his net worth.
no they do not. either it is not real charity but ngo's that promote the world order they support, or it is actually tax avoidance schemes where you hire bozos from your for huge piles of cash per year to run the charity, basically transferring money to them while getting tax cuts on your own income. which is why so many charities spend 80-90% of funds on administration
nah, this is not on crypto, this is just addiction. this guy could go in debt trading tether.
let's play for the long game!
back in my day we took that , turned it into .75 after our shitcoin exit scammed and then went back to sleep, and even that is more respectable than leveraging your life savings on yolos.
instructions not clear. re-mortgaged house to buy more eth.
how did this guy lose money during the bull run? 🤔
to qualify for 300k with only having .00 is something to be proud of at least...
look guys, i am from a poor country and i put my sweat and blood in the crypto market. let me tell you one thing about the "buy high sell low" shit that ppl do because of the fud, if my initial investment was down a penny because of a drop. i consider it already at zero. i never sell, diamond hands are nothing compared to mine. i'd rather sleep on the streets but not to sell. thats how much i trust the crypto idea, i am done with the centralised bullshit world that we are living in. as gandhi said, first they will ignore you, then they will laugh at you, then they will fight you, then you win. we are in a war against the fud that the centralised bastards are trying to manipulate us and the market with.they want us in their cage of modern slavery. and we will win this war.
jeez... doesn't he know to set up notifications when to buy and sell?
some people take yolo too seriously
get rich or die trying!! this is the way! 😁
lol. had me in the first half
it’s obviously a joke, and a funny one. how can you not see that?
just hold for a few years. almost guaranteed to make money that way
had me in the first 2, ngl
people who are into crypto for longer than me, how long do the bull? or is every one different?
how does one allow themselves to reach -300k?. instead of blaming the system he should of pay more attention to the market.
never invest more than what you can lose
well that is embarrassing.
that yolo made me do an actual lol
yes, but what are your assets, scooter? lol
no institutions ate dump enough to borrow someone with 500 usd 300k, pls biach stop dreaming
that’s not crypto, whatever he will do with that mentality he will lose money!
first read this as guy took 500 and made it 300k we should all strive for that. then read to word debt, and was like definitely should to not let that happen
never trade on margin
and that kids is why you should only invest money you’re willing to lose
there is a paper hands emoji in the text.
ugly shit in this sub, not a good look.
love me some truth telling!
how’d you do that on a bull run?
it's a truly special kind of incompetence that can lose 300k during a crypto bull run.
just keep buying the dip
lol he is actually filthy rich if you would see his tweets on twitter
the praise hands make me think he’s talking about buying a house.
just in case people didn’t know this is a parody account on twitter
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise [irs]("last usage")(us) internal revenue service ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(5 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 6 acronyms.) ^([thread for this sub, first seen 10th jun 2021, 21:42]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
imagine going -600x in this market. 😂
if you read it on the internet it must be true. xd
shit... at first i mistakenly read it as gained 300k, but felt super bad when i reread "in debt", best of luck to you, best advice is bankruptcy and a new start
the hell how’s that even mathematically possible lol
that’s the way. get in a position, and sell at an even lower price 💪🏽
it took me like two months into investing to realize people were going into debt on leverage, lol. i had no idea you could even borrow, nor did i ever want to go that route. i follow the basic rules. never gamble with what you cannot afford to lose. and you don’t lose if you don’t sell. and after 3 months, i’ve been doing well. i’m currently in the green. but i took a massive hit when the market collapsed a few weeks ago like everyone else. but i had a lot of good sales prior to break even on that.
98% sure this is a joke. it's twitter. do not take anything on there seriously. everyone is just trying to be witty, snarky and funny.
this guy could execute order 66 and still have all the jedi win
that's what hookers and blow will do to you when you have weak hands while trying to hodl crypto...
they cannot stop crypto;
you need some chill pills mate
hopefully there’s a house attached to that.
looks like he needs to join the wsb thread. there’s a lot of that over there too.
i only invest amount which i will be ok losing
this is same crypto bullshit that is all over instagram.
how does something like that even happen in cryptocurrency lol?
how do you get so much debt with such little cash down? this is insane. i cannot wrap my mind around how he got there
why i stay away from margin
what the fuck did you do?
it is crazy that crypto can be used as a form of unregulated gambling 🎰
achieved the opposite almost quite literally...
at first, i just read “and i amassed 300k” and didn’t see the “in debt” after, so i was fairly confused
how do you lose money in a bull run. probably the exact type of person who should not be investing.
such is the life of a high lev pro trader. time to make it all back in one trade.
this is why you only invest what you're willing to lose, and just... don't do margin... just buy and hodl...
never borrow to invest, buy spot using cash. if you only can afford !
seems like with his judgement, anything he would have done would have ended in shit. 😬
literally makes 0 sense. if he invested all that money in almost any crypto and just held it, he would have made money. i get that it’s a joke but damn.
he could execute yolos with 100x leverage
i know he is just joking but there are a lot of people out there that take loans to invest in risky things. if they did not invest in crypto i'm sure they would be gambling lol.
that's fucking funny. trading tether. i love it
he's just gambling and very bad at it.
lost it. not in the markets, the old fashioned way. left it on the bus.
buy high, sell low. this is the game.
using the logic that it is not a loss till you sell. just never sell. we'll stay even lol
oh dam those days. i fall into one, but instead of zeroing out i sold at ath.
buy high, sell low strategy
alt coins probably lol
i'm sorry, i'm a little hard of hearing, could you please speak up?
truth never damages a cause that is just. just so you know, the correct spelling is [gandhi](
everything great except quoting gandhi... inaction is not really the ideal change agent holding until the coin becomes a norm, well, that works
if sufficiently leveraged, small fluctuations in price happen to quickly for one to respond to id imagine. but i do not leverage trade... never have
buy high, sell low... repeat this is the wayyy :)
does that mean i should sell dope fail and then start writing raps and then finally buy vitamin water.
…not gon lie 😂
yea, different things sparks up the bull run. this year was solely driven by the institutions that got involved in the crypto space,e.g square, microstrategy and the likes, though it started with the defi summer of last year, and we are going to see the same again in the summer as more protocols are working to solve the ethereum mainnet congestion, polygon is leading the pack, arbitrum is also part of the move and projects like aave, formationfi, curve, sushiswap and the likes, have all positioned themselves to have a fair share of the season.
you do not think you could lose the same amount trading stock options?
these are people who should only be in an index fund (which there is nothing wrong with, that is where most of my money is)
this is wherefore thee only invest what thou art willing to loseth, and just. doth not margin. just buyeth and hodl *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
that joke was much appreciated 😀
thats some huge balls right there🤣
i've got a buddy who was addicted to gambling, racked up "thiscovered" cryptocurrencies and has gone in heavy on random shit coins. you're exactly right, he is just addicted to gambling and the casinos cut him off so on to the next means of gambling
i’ve seen a very worrying trend of people at least *claiming* that they’re buying investments before they are taking care of basic needs, let alone saving appropriately. i sincerely hope those are just fabrications. everyone should have the debts paid, an emergency savings built and (maybe) some funds going toward retirement before they start spending their thisposable cash on these sorts of things
i was actually thinking of taking out a loan to invest in clne. ima just sit back and enjoy my little shares i have.
he seriously needs to be crypto schooled as he lost everything in this risky trade, it is definitely the wild west of crypto.
left his phone on the bus and someone leveraged the shit out of his account.
the old fashioned way would be losing it in a boating accident.
unexpected american dad 🇺🇸
ironically they were trying to avoid high gas fees.
jesus. that makes me sick just thinking about it lol reminds me of a story i read on reddit about someone who was investing in crypto during the 2017 bull run. did really really well, cashed out towards the peak at the end of 2017 (incurring massive cap gains taxes), then foolishly reinvested it all in a different coin right before the market fell apart. come tax time in 2018, i think the guy said he owed like . he was royally fucked. i wish i could find that story - do not remember if it was a post or comment.
i still do not get it. i thought leveraged positions just liquidate you before you end up owing the exchange money!!??
don't they just liquidate you!? i do not get how he actually owes the exchange money
i'm proud i'm making rich people richer with my buy high sell low strategy!
it’s easy for people who have fomo sickness. jumping at everything that seems hot, then panicking and selling it when it goes down for the next hot thing. people need to remember for every day trader making tons of money on the volatility, there are people losing it.
it never gets old.
lalalalalalaaaaaaa . hear me now?? ha?
thanks for the heads up, hands are shaky after the gym hahaha, i will fix it right away
that's what am trying to say. it's sad to see ppl selling low.
why are you so rude? they did not say anything offensive
why not just...use some form of crypto casino to play blackjack or poker with then? surely such a thing exists.
what if he invested his money on good projects not shit coins? would that have made it any better?
i feel like people will always find things to gamble with, it can be done with forex trading also easily online.
since when does a casino cut someone off that’s spending money?
nah ill just use my 401k now🤣
ya i got the most amount of money i've ever earned in my life and it is all from and in amc and gme. i have enough to buy a decent car, but i'm not. i think it is going to work out for me. i'll have a savings after this. can't have one off the money i make at work, that is for sure.
idk you'd still have to be skilled to have lost money between last year and today, even given the correction we've seen the last few weeks.
holy shit! his phone must have been found by the devil himself.
i actually know this story! pretty sure what ended up happening was he planned on exiting at , has 850k when it crashed to 250k. but the crash was in 2018 and all of his trades were 2017 so he was unable to claim the losses and since a crypto-to-crypto swap is a taxable event he got fucked. sucked because he was just some college kid who started with 5k to his name.
i’m scared to cash out after reading that! 😅
yes. that's the whole point of liquidating your assets, so you never end up owing money to exhanges. exchanges cannot have that kind of exposure.
it's not possible. there are crypto platforms i'm aware of that can do 1000x leverage. only way he can be so much in debt is by putting other things up for collateral, like a house? maybe this story is bs
this should be given the fear and greed index award, i see you're conversant with the risk involved in these kinds of trade and probably, he is a noob who got in just to feel among and forgot about risk management.
any money you make, is money someone else lost. that's how it works :)
i like it. don’t listen to these other clowns. keep going.
but that is not gambling, losing is the main component of gambling. just winning would be boring for gambling addicts.
yes because it wouldn't be nearly as close to gambling when the perceived upside is moderate gains, not 1000x moonshots on attempted pump wittymemecoin. still not good though, he has no thisposable income with which to invest - he needs to focus on his basic living expenses first
open lines of credit that are not satisfied. gambling with house money and not paid back.
taking loan on your 401k for crypto you believe in isn’t bad if that’s what you think will work better long term vs let’s say s&p 500 index. just paying yourself back. not bad strategy if you are comfortable with risk
understand that that is pure chance. though i’m very happy for you, because it sounds like your work situation is shit. i hope you’re able to live more comfortably knowing you have an emergency savings to fall back on. had this gone another way, you would have absolutely been hurting. if you, as you say, can barely scrape by and have no savings, it means you spent this money to invest without being able to afford it. that was a super risky move. a friend of mine did this with ~,000 and now they’re just in ,000 debt.
do you mean the things people showed you via reddit?
pretty sure he’s saying he bought a house. the praise hands
thank you...the nicest thing anyone has ever said about me!
yeah! there was a timing mismatch. poor guy. wonder how he is doing these days.
wouldn't it be a wash though? the next year he lost like .
don't be. south america and central africa is wonderful this time of year!
exactly, so then why is everyone in this thread saying he is 300k in debt from a ?!
i'm not saying you just straight up use 1000x leverage. i'm saying you can get to that point by using the gains from the prior leverage to keep leveraging up. you're right, no one is just going to straight let you "put a slider" at 1000x. but i believe you could get to that point by trading, winning, leveraging gains, and repeating that over and over.
not entirely. to the extent that a growing population buys and holds as a store of value then those gains are long term and shared. as long as you have an equilibrium of buying and selling after the price goes up, those gains don’t cost anyone anything. they are just realized value from wider adoption.
suck a dick. a dick put it in your mouth right now
is that what’s going on over at the altcoin subreddit? it really is a total shit show of mooning safe charity hell right now. like the dumbest things i’ve ever seen being defended by morons or grifters. it’s hard to tell the difference.
i don’t think borrowing to invest in a single buy is a good idea, ever. i’ve seen way too many people who are now saddled with even more debt than they had before… and they end up in this awful cycle of debt payments and consolidation and stress. only invest what you can actually afford to lose. this means money that you would be willing to spend on something like, say, food. once you spend it, it’s gone. people say, “i’m okay with risk!” and then when they lose it all begin to panic. if losing that money entirely is going to be at all a stressor, it’s not risk you should take.
hopefully stuck around early for good entries in this bull run
hopefully, watching his screen, getting tracked. this is the reason, i stay very careful whenever i'm doing leverage as i do not go to the zones that will cause me palpitating or at best i just invest into an auto-compounding protocol that does the yield farming for me, while i wait for my gains to grow gradually.
no you can only claim
it's a wash of any amount if in the same tax year. but a loss carryover to new year limits at .
man, i'm talking about how risk management could have helped salvage the loss he incurred, if he had a basic understanding of this.
inflation throws a monkey wrench in my theory as well
the definition of a ponzi scheme. that was my realization about stock markets in general too. to a large extent it is primarily a massive ponzi scheme. the only way they keep going up is by people continuously putting money into them. obviously stock markets have a bit more actual backing behind the value of the stock, but in general stock market value no longer is reflective of actual company worth but a combination between its worth as a company and as a potential safe spot to "deposit" your money.
ooooooh…. lemme guess…. thats what your daddy is telling you at night before you are allowed to sleep
thoughts on doge? i think it’s an elon musk and his buddy’s scam! they are going to end up pulling the rug on all these tiktok kids. i am personally invested in btc, eth, link, ada & matic.
ya agree with you. what debt would someone accrue in my said scenario?
also never said single buy. can dca with loan if you’d like. whatever’s your jam.
it is your own 401k money that you pay yourself back from your pay check. same as putting in 401k but paying yourself back. you are assuming you can’t afford to keep putting back in your 401k in the scenario i was explaining. people do it with real estate too. guess you are equating to people who take out a loan without ability to pay it back?
no, it's what i am your daddy is telling you to do right now
taking a loan for ,000 against your 401k is just spending that money. why not use ,000 from your excess earnings instead?
yeah, i get your point, it is far a reckless move by him.
stop wasting precious bandwidth. go fuck a goat.
that’s where the 10k came from. earnings. tax free earnings that were matched by an employer. and if there were crypto options, maybe they would go towards that instead- just stay in the 401k. however, that’s not massively adopted yet. but it’s coming. in the works. it’s genuinely what people feel comfortable with based on their research. doesn’t have to be making a decision that means they can’t eat. little bit of a stretch! everything i’ve described can be within what someone ‘can afford to lose’. it’s money they set aside in the first place bc it didn’t need to immediately go toward medical bills, food, rent, etc. it’s your investment portfolio.
you can’t take money out of your 401 early even if it’s gains. can take out early with some sort of ‘hardship’ scenario or take out loan on 401k. that’s it.
a goat !? ok
there’s a significant difference between an investment portfolio and your meme stocks. if you have to borrow against your retirement or what have you to be able to invest in your hand picks, you cannot afford to invest in them. after my monthly expenses, my standard monthly spending budget, my debt payments (student loans), after the ~, and after my emergency savings, the remaining money (say ) is free to use as i see fit. this is the money you can choose to spend on fun things, vacations, electronics, and hand picks. many, many people cannot afford to do this, and should not do this. especially if they’re having to borrow against their core savings. risk your extra, not your budget.
right, so what i mean is just use your thisposable savings. borrowing against your assets to invest in a risky investment is just a bad idea.
yes. i know what you like.
hmmm... ok don’t know how else to keep agreeing with your logic and then you still arguing. again, yes pay your debt, your bills, stay within budget... then invest however you’d like! lol i am done ✅ this is too much for me.
just upvoted you btw bc we agree on underlying logic
it is thisposable! it’s just how you want to diversify your portfolio. if you are millennial who is like f bonds and stock market that may crash when crypto crashes every couple years then booms anyway, then you may be like i’m cool with that! literally everything you are saying is what you agree with or don’t agree with. it’s all level of risk. there’s no right or wrong. i agree with being able to pay bills and eat food lol.
it could all go to zero i know! it’s literally whatever your strategy is
yeah you got it right,
original point: use your 401k to borrow against, and use the borrowed money to invest my counter-point: don’t do that. if those summaries aren’t correct, please correct them.
if it were thisposable, it wouldn’t be in your retirement account in the first place. the money you have after all your bills are paid, debts are paid, emergency fund is in place, and retirement. savings are funded, that’s your thisposable.
if you’re reading this right now, welcome to the bottom of the internet.
that’s not a counter point. you just don’t want to do that. that is ok!
also not borrowed. it’s your own money
hahahahaa you are funny man
no one should do that. it’s a bad idea. don’t borrow money to invest, especially if you can’t afford to pay that money back immediately, or lose that money entirely. if you meant something else, then yeah there’s nothing more to work through here
taking it from your 401k is borrowing it from yourself — which is also a bad idea. why did you put it there in the first place? use your general savings instead. that’s my point. does that make sense?
yes, it all makes a lot of sense. don’t spend money you don’t have, etc etc. keep agreeing... best of luck man! you do you!!
[tip this post any amount of ]( (by [9:52pm utc]( to keep it visible.
i've not told a single soul i'm invested in cryptocurrency. i hold it for a special surprise party where i'll announce to everyone my portfolio broke 3 digits.
but does he do crossfit.
omg…is this how my friends see me 😳
is he also from texas and does crossfit?
i'm a vegan cyclist who's super into cryptocurrency and i'm offended
as a new marathon runner and long time hodler, this is unfortunately me. i'm just going to stop talking altogether i think.
ahh fuck, this hit home. i’m in this post and i don’t like it.
you might catch jasper unwinding over an ipa and kale chips at the local brewery, or with a session of hot yoga, after getting yelled at by his cross-fit instructor for checking his portfolio between kipping pull-up sets.
hes gonna have issues understanding bullish and bearish
i know my friends cannot stand me treating them like plebeians whenever coinbase shows me i went up 2%.
i'm a cyclist who's into crypto, but i'm not a fucking vegan about it.
that guy is actually really chill and solely post about his cycling and family. still a funny meme tho.
he's the type of guy who'll change his instagram bio to "entrepreneur" when he makes his first .25.
this is me lmao the truth is if you’re a vegan cyclist chances are you’ve been into crypto for years you’re obviously way ahead of the curve and that’s what really annoys people lmao- no one likes a know it all that looks and feels better than them . 😂😂😂😂😂
you know what's more common than someone going vegan and telling you about it? someone complaining about people going vegan and telling you about it. the joke is old. even if the main joke here is about crypto. also: not vegan.
does he vape? he’d be even cooler.
does he also own a cast iron skillet?!
these memes are really keeping my ass in check. although they check out bigtime. bigtime buddy... oh shit, i'm doing it again.
why am i being attacked
guilty as charged. 😕
i'm a vegan marathoner who enjoys indoor cycling and crypto. i laughed because i'm sure i'm really annoying to all my... what do you call them again? friends?
i should become a vegan (group settings only though)
for real. if you want to alienate all your friends and family as fast as possible, start explaining to them how some defi works.
a vegan 🌱 cyclist that eats corn 🌽 the long way??
it’s a great way to stay in shape
omg - this is me - should’ve put ironman as well though !!!
don't even get him started on politics. (hint: his political opinions all boil down to "everything bad in the world is trump's fault")
does this mean i get points for being a vegan mushroom hunter atheist video game lover who is getting really into cryptocurrency? anyone?
i do not tell people either - but if they ask - "hey why are you not eating meat" or "hey how did you spent your corona money" and i make the error to answer it is like: "whooooaaaaat - why are you confronting me with all that vegan bullshit i will punch you in the face if you take my meat away" "whooooaat - why are you investing in that crappy scam - but what crypto would you invest in if you had let us say 5k euros to spend right now ?" :) - people are awesome - the bigger part is useless unfortunately
i do enjoy dropping little nuggets of cryptocurrency chat into my workplace. i won’t elaborate, because people don’t care. but it’s fun to hear some of the reactions and options that get fired back.
he’s killing it if he’s getting this much attention from that post lol ya’ll are feeding into it
does he eat gluten though?
the guy in the photo is a youtuber called vegancyclist so its not even a lie.
who cares if i'm annoying, i'm gonna be rich!!!
i feel personally attacked!
hahahaha fuck me this hits close to home
people who use their phones while driving > people who complain about cyclists (boomers) > vegans > cross fit > people super into crypto > cyclists hierarchy of "annoying" people
lol...i cut down on the beer and throw . i’ve hovered around . livers doing a lot better! i should be a thousandneer in no time!
i have a hard time believing all these people in the comments are vegan and that they know the difference between vegan and vegetarian bc it’s super easy to be be vegetarian but not so much vegan.
i've got two out of three of those things covered
i recognize that guy - we go to the same crossfit box to screw up our spines.
i upvoted simply because of the title.
i'm feeling judged. time to switch to yoga.
he needs to check his smart watch every 5seconds to make sure his extra annoying tho
too much hipster in this news
if i had an award to give i would.
not only funny but i'm so happy to read in comments how many of us are vegans, sportsman(bjj purple belt and runner myself) and into crypto. i thought i was the only one.
crap... that means he can buy a tesla and brag about owning it.
eth is gluten free, free range, and organic
as a vegan who’s into crypto, i wish i was a cyclist
0x2d18a4... [tipped]( you 100.0 donut!
tbf, he’s got to find something to talk about on his youtube. he’s done cycling and being vegan to death now
i'm sending this to a friend of mine who is a vegan cyclist... lol. one time i asked him "hey, how do you know if someone is vegan?" he said "i do not know" and i responded "dont worry, they will tell you all about it"
but only once he is done telling me about how great his workout at the gym was that morning.
i will change my employment status to poor and homeless as soon as my crypto moons.
you should not express utc in 12-hour notation. it should be written as 21:52 utc.
then spend 4 digits amount in party xd
when someone asks me if i invest in crypto, i always reply “i dabble” knowing full well that i’m balls deep into it.
are you the whale that is been moving the crypto market so much?
we’re including cents here, right?
everyone will find out when they get the invite to my yacht party in a few years
this man has goals
i waiting till i hit 2 digits.
you want to provide evidence first that crypto is a money machine that you can rely on
maybe 3 digits = “10m” 😸
coming from 4 digits?
that is so last year... starting strength and carnivore
am i a meme
let's be honest here for a second. i mean, friends?
same lol. but i'm not annoying... or am i?
lol. this seems like me except for the vegan part. i guess i need to go vegan to complete the circle.
from cali, but moved to texas.
yeah but do you do crossfit?
not as much of a vegan cyclist as your mom *** ^i ^am ^a ^bot. ^downvote ^to ^remove. ^[pm]( ^me ^if ^there is ^anything ^for ^me ^to ^know!
i was hoping to see crossfit and ipa added in the comments.
jasper sounds like an omega tool
he's a cyclist, so i'm more worried he would not recognize what red means.
show them your cb fees to let them know you're a man of the people, being fucked like anyone else. although i gotta say, i moved some money out of cb and it was in my bank immediately, after business hours. i was impressed.
same. vegans are cunts
and "athlete" after his first set of squats.
thankyou! the trouble is, animals are and used in literally every part of life so of course it comes up. you go for breakfast, lunch, dinner, drinks, shopping etc and there is people there you do not know, "why are you having a salad?" ... "well it is all i can have on the menu, i'm vegan" ... i personally do not know anyone who shouts about it. also: am vegan
definitely not true, vegans are just as likely to shit on liberals as conservatives because vegans, being against exploitation of animals, also recognize exploitation of workers that both parties participate in.
not necessarily. i'm vegan myself and definitely not left-leaning.
you are me except for the mushroom hunting.
i guess you can make a nice party with 4 digits
how many usds is 4 digits of doge? something tells me it will be a ballin party in a few years lmao
my response to the question “how much crypto have you got?” is always “not enough”.
not of the "common" kind
last year? crossfit jokes have been around for almost two decades now.
do you mean cardio
i bought eth but i do not know what it does. i'm thinking of it like "manna" in "magic the gathering". it's ok i do not have friends either.
i like that one.
the only way you could be more annoying is if you picked up crossfit
do it bro, you got this
no dude, hate those guys, they are so annoying
all he need to do flip his screen.
not alone ! there are dozens of us
>vegans are ~~cunts~~ compassionate ftfy
yep. it's like people do not even wanna hear the word mentioned or they will spaz out. at my last job i had a coworker who was vegan. our little team would go out to lunch. they would talk like its all cool and stuff, but would ask the same non-sensical bs questions to him. at first i felt bad for him until i realized he did not give a shit and was used to it. but it was still asinine. they'd make jokes about him bringing up vegan, but yeah 19. not the servers, not to anyone. but still people would make a deal about it cause they took offense cause they ate meat. my buddy did not care. for every vegan who is actually the stereotype people think vegans are, it seems there is 5 others who reinforce it who are not vegan.
you really have strangers come up to you and ask why you are having a salad? . they are frequently promoted as meals by restaurants.
“oh, i just do it to annoy people. my freezer is stocked with veal & foie gras”
and here we have a typical vegan posting a serious response to a joke, talking about how special they are, and completely lacking self-awareness.
in a few years you're gonna be holding even more worthless bags.
thank you, sxquadro, for voting on yomommajokebot. this bot wants to find the best and worst bots on reddit. [you can view results here]( *** ^(even if i do not reply to your comment, i'm still listening for votes. check the webpage to see if your vote registered!)
“oh i’m not actually vegan, only when i drink”
joke would be better as "anything in the world is "the other parties" fault...ohh wait thats everyone.
and here we have a retard monke who hasn’t yet moved past the non humor that is dumpf jokes
i think i'd like to call that a great success
should be... if not so anoying haha
let's be real here, there is not alot of vegan cyclists out there that voted for trump.
lol you're the one who made a dumpf joke. i said trump.
it’s only annoying to people that don’t want to hear it because they don’t want to think about the consequences of their actions. how can you not understand why they push so hard if you understand factory farming? it’s so bad that the worst we’ve ever treated humans gets compared to how we treat animals. raising awareness about the worst atrocity our species has ever and yet continues to commit is never meaningless.
also if their concern is the treatment of animals, wouldn't a more rational course of action be supporting cruelty-free farms given that the latent human desire to consume meat is not going away anytime soon? if all vegans immediately started to consume ethically sourced meat, the market would respond accordingly. all these vegans are simply sending signs to the market that meat is too expensive so farms will simply compete to offer at lower prices which invariably means worse conditions for animals.
its emax...mayweather's pump and dump scheme. not ethereum.
how many 0s is a quadrillion lol "ethereummax is an erc20 token launched with a total supply of 2 quadrillion ."
it's a shitcoin that people made lots of money off of, if you got in early also mayweather got jammed up for crypto scamming in 2018.
paul looks the part, yolked... i hope floyd beats that ass tho. floyd has 40+ years of experience and that jab and 31lbs lighter are gonna destroy paul. i do not think paul connects a real shot ever and the ref stops it by round 7.
that dudes back muscles tho. i mean, i have a spine you can see when my shirts off and in the right light and position you may see a shoulder blade too.
i would not watch this trash... its stupid as fuck... i will catch recap on youtube
floyd better beat the fuck out that guy. but you know he won’t. he’s gon rope a dope him. image your only l is from a youtuber?
are these guys in the same weight class?
that weight class difference though...
so this dude doesnt actually think he is gonna beat mayweather right? just doin it for the money right?
i was hoping floyd wins but after seeing his shirt for emax i hope he gets... pumped... and... dumped...
fuck floyd... fuck logan... they both dicks
this is a very good advertisement for ethereum! update: maybe not, after reading the comments. too many eth imitators!
why logan paul got so many dicks on his back? i take it back, now his back looks like two faces about to kiss.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eos]("last usage")[coin] eos [erc20]("last usage")[ethereum request for comments ]( smart-contract token standard [eth]("last usage")[coin] ether [ico]("last usage")initial coin offering ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(5 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 5 acronyms.) ^([thread for this sub, first seen 6th jun 2021, 06:30]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
everyone is pushing something these days. take it with a grain of salt...!! don't always believe the hype.!
i hope logan paul gets the shit beaten out of him
unsubbed from this shitty ass sub. 12 year old kids everywhere here.
at first i actually thought it was ethereum and warmed up to little floyd. now that i realize it’s a shitcoin i’m back to wanting to see him get knocked out!
"moneymaker" is right lmao
this guy is a grifter, we do not need him, nor should we celebrate his involvement in any way.
where did he get all those fluid filled tumor sacs on his back? dope cosplay from l4d
was not he troubled with fake cyrpto last two yeaers ago?
it's ethereummax, some shitty ico.
kind reminder to people who strongly thislike logan paul and wanna pay to watch the fight live. please please do not waste your money on the ppv. you're spending money that ultimately helps supports logan again. please just scout twitter or get a torrent later. i'm sure you'll get the vids for free later. thank you for attending my ted talk.
eth max...no bueno. surprised he did not start his own crypto...the money coin (tmc).
why are these guys getting any publicity here. one can’t even read and the other one does who knows what? no good contribution to this world in any way. i’m here to get away from news about people like this...
logan paul is sponsored by atari, worth checking out!
emax!! y’all sounded pumped when it was ethereum, but quickly started hating on him when it’s was something new 😂😂 this shitcoin bout to boom! 🤡
glass jaw paul is goin down...
go go can we bet with ?
wait is this fight happening?
they’re looking at each other’s lips, i think they’re about to kiss
i believe logan paul’s wearing doge shorts. i guess we about to dip again...
you may kiss the bro
there are fall in love 😍
i say this goes 3 rounds round 1 showboating and let logan do his thing to get the audience excited, give em a show round 2 floyd plays with his food round 3 logan lands a glancing hit due to floyd not taking it serious, this pisses floyd off and he goes ham ending the fight alternate round 3 logan is gassed out of his mind and floyd just walks up and finishes him
deep onside they want to kiss each other...
damn, ngl logan paul is jacked af.
how many decades of boxing experience does this logan paul have?
this is it luigi
i’ll just leave this here
come on, crazy, the boxer will beat down the spoiled boy 👊🏾🥊👦😭
haha, the fight is already won.
damn logan pauls been working out
obviously this brain dead moron isn’t shilling eth... which is a good thing! we don’t need another celeb dickhead trying to affect our market
is that jay z in the back?
when you look up steroids in the dictionary you see logan pauls picture. and if you look up sociopath you also see his picture.
jesus. what weight class is this? lol
is logan paul someone or just a boxer?
i hope the kid knocks gayweather into the next century and beyond...
he look skinny af
does blonde boi wanna die?
50-0 away and 1-0 at home.
face off: floyd mayweather and logan paul i know its just an exhibition and unlike other boxing fans i enjoy these celebrity match ups. i enjoy a good show and no one is getting a title from this. after all its about entertainment. but the size difference here! mayweather 155lbs ! damn!
i would go gay for logan paul, guy is an adonis
i wonder how this will go... lol
unfortunately not eth but emax. i fully believe it is a pump and dump scheme but i bought about .
this looks kind of gay
built like a bull...brains of a bull?...raging bull...na...i do not think so...boxings an art not a brawl paul.
logan's back looks deformed. looks like one of them is falling off.
logan paul is such a meme. really sad tbh.
no thats ethereummax lol
he’s a pump and dumper. his friends and family brag about what they did to btc and how they’re “making all that paper.” you need money to screw everyone else out of theirs. a lot of celebs and their circle have been playing this game. they win when you have a load of paper hands allowing them back in for more rounds of these pump and dumps. you folks need to hold with everything you have.
i’m so out of the loop. is that a youtuber fighting mayweather? is he suicidal?
at least floyd is representing a good crypto, instead of elon repping a meme coin making it a joke. floyd is a smart man, the most talented boxer in the game. proud of him! he has many haters as always, but the crypto community should be happy!
yea i just spotted that too: [
“floyd don’t need no cryptocurrencies”
he is not just eth fan but also crypto fan
not like he knows what it says
etherum max i invest 50 dollars a week or so ago... now they booming, 😄 that 50 dollars it’s 12 dollars
just a heads up for anyone considering buying this fight. logan paul is not the paul brother that just beat ben askren. that was logan. this is the other brother who has a career record of 0-1. don't waste your money, unless you just really want to see logan paul get his ass kicked.
wtf! it is not eth, it never was
didn’t he say he lost the fight against ksi because he doesn’t want to hurt ppl? i wonder what his next excuse is.
floyd still has bigger hands
jakes goingto lynch him
how are they able to use the logo and the name without getting sued ?
that dude looks like he will kick his ass
is jakey-poo gonna wear his head gear?
i love how little mass paul has on his erectors yet he is probably very proud of his physique.
you might want to dyor on the token that logan paul has on his shorts 😁
so everyone is ok with ridiculous size difference between these two people?
they're both awful people. i hope they knock each other out and shit all over themselves.
homie’s back looks like the aggro crag
he thinks it’s a bitcoin shirt.
i thought that was kanye west lmfao
logan looks buff as fuck not gonna lie
i never felt so out of loop
they look like they are about to kiss tbh...
logan paul has repeatedly skipped leg day.
talking about skipping leg day
never saw logan without his shirt on...he looks good!
all i can see is the beard transplant...
he’s just trying to make money on his pump and dump fake ethereum coin.
tried to place a bet on logan’s death. wouldn’t get accepted. then i tried to find an nft for logan’s head. couldn’t find it. i hope i can at least get tickets to his funeral.
will be a nice match
looks like a gay porn cover
websites i can watch this on?
oh i really hope mayweather wins, i wanna see logan depressed and realise he aint shit
me reading the ops title: “it doesn’t matter, that logan’s a little bigger, floyd would beat his ass. fuck logan paul.” me finding out it’s ethereummax: “1 eth on logan paul, first round, please”
i wonder how much eth mayweather was paid. also are they actually fighting? this has to be a joke.
logan’s been on the special vitamins.
well, not really an e fan, and certainly not a mayweather fan... so i guess congratulations
that is not even the correct logo
are they roid testing paul?
that t-shirt is going to come in real handy if you know what i mean
youth and strength is no match for experience and treachery.
i think this is bullish sign when considered along with doji candlestick pattern with triple tops and bottom and bollinger bands👍🏼
floyd smarter than we think 🤔
after floyd wipes logan's nose little dudes are all gonna think they are tough
mayweather seems to be influenced by the mass adoption of cryptocurrency. i would not be surprised if he got the ethereum shirt and made payment even in eth, usdt, utk and any other major digital currencies of his choice as crypto payment options is literally everywhere now
question ✋🏻 will it still be worth buying emax 2 months from now?
anyone know how i can drop some money on this fight? proline has no boxy boxing
rather wear . the next big meme coin which actually has utility!!.
floyd, is the hero crypto needs! love it
beat that black boys ass logan
wonder when this sub will stop being gullible and seeking.
sounds like eos but somehow actually worse... edit: i just looked up what it is. it's another scammy erc-20 which pumps holders bags by sending 2% of every transaction to holders. 🤮
that is why the logo is different.
yeah, get it right! he'll never wear a shirt with a word he cannot pronounce. four syllables, come on!
ah that is a pity. but would be cool to behave cocky in an eth shirt saying something like "i am stronger than you, look these 💎🥊🥊"
i can read an "r" somewhere
i'm taking a dump! lmao!
it literally says " etherium" ...
okay now i want him to lose.
shhhh ether rum is about to get its shameless plug
exactly. don’t advertise that garbage as ethereum.
it actually is an ethereum tee, you can see the full shirt in his fox news conference.
yup and logan paul with defs smash him. that or he is paid to lose. i mean just look. apologies to any mayweather fans here. just saying...
emax to the moon!
as opposed to our pump and dump scheme?
1000 trillion = 1 quadrillion 1 trillion = 1000 billions ' 1 million billions is 1 quadrillion wtf is this lol
so every idiot sees the 0.0001.
that does not really matter. what's the total supply of satoshi? what's the total supply of gwei? it's all just arbitrary units.
who'd have guessed that the richest, most financially in-your-face boxer would sell out for a pump and dump shitcoin? oh right, probably anyone with half a brain.
mayweather may be physically strong, but yet let ethereummax take him over.
his shitcoin just dumped -20% after the weigh-ins. like 0.01% faith in humanity restored.
31lb lighter. another totally legit fight.
he has the defense too. he barely has to punch, let the rookie wear himself out, find the vulnerable spot and go to town
i wish logan paul would stop, he is gonna end up dead and it is gonna just be cringe and gross.
it’s nice when you don’t need a sanctioned league to put the fight on, because then there’s no ped tests.
his striking is very impressive. i dont mind the paul brothers these days, seem like nice enough dudes tbh.
ahh, so you're more like vitalik thank sean paul.
i don’t think the fighters are being tested for any substances for this one ... 💉💊 dude is 190 lbs and hella lean lol that’s a lot of muscle to keep on
heavy steroid use there.
right? i wanted them to kiss so bad.
that's what i always do with these trash fights.
i thought this was just a stunt and floyd could take him in 2 seconds but will let him go 2 rounds for the money. does logan actually think he’s real?
i’ll gladly pay to watch youtube boi get his ass kicked
their always taken down
technically if he were to lose this fight it wouldn’t go on his record because it isn’t sanctioned… but everyone would still know he would be 50-1.
it's scripted floyd would never risk his 50-0 record.
no... paul weighed in at 190, and floyd was 159(17lbs heavier than his normal fighting weight).
it's an exhibition with no ref, not a fight.
yup, he is a brave boy.
it is not a fight just an exhibition.
sorry for all the replies, reddit’s fucking up like usual
he knows he literally said it is just a circus.
well i mean there’s a chance, one of the biggest reasons why floyd’s defense style was so good because he’s fighting very light and much less stronger opponents... someone with the size and strength of logan could possibly break that barrier... but i still think floyd will win, it will be an interesting watch imo
i wast hoping floyd wins but after seeing his shirt f'r emax i desire he gets. pump'd. and. did dump *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
one is a globally known, repeat violent domestic abuser, and the other a youtube"star" known for grooming underage girls. they can both beat each other to a lifeless pulp and i'm waking up happy.
regardless, it’s gonna be floyd in the 5th, but for the ratings they’ll stretch it out to the 7th. that white boy doesn’t have near enough money for floyd to risk shattering his pride and legacy or idk, maybe he does. crypto does funny things to folks.
thanks for informing us! everybody was like: "where is headeyes777?" and "we sure are going to miss headeyes777.".
literally my exact thought process while scrolling through this thread lol
but it does say ethereum on the front ? i assume he had an erc project or token out that’s connected to ethereum and on the back of his shot has all the details ? lol but if you had millions to invest you would have invested in crypto if you knew and had smart breakers and if you are into crypto you can tell your broker buy x . just like on the share market with shares and other commodity’s and options etfs forex. if i was given or won 50m i’d put 25m into 100 different trending and rising currency’s and leave it up to a broader to make his profits bigger or smaller calling out and also finding the or a good broker is a hard task these days if your not in the industry or working as an assistant at a firm or bank ect.
on shitcoin? that's why you're broke
nope...you might want to dyor😁
nope... actually the exact opposite. his shirt says ethereummax, which is a pump and dump shitcoin
use my link and we both get a bonus!
wasn't the fight last night?
probably when they finally decide to try and understand the tech... so not anytime soon
never lol. most of the new people come from doge and shiba.
wdym? that's the new world order, and also the old world order. it's religion without calling it that.
when hell freeze over :d
it's crytpo lottery for oatmeal brains, what do you expect?
damn. hella good point
well let us be honest, it is not like floyd can read a white paper
this sounds like a scammoon spin-off lmao
ha, lp won’t be able to put two sentences together after mayweather rings his bell and smashes his like button.
to gain artificial market cap rankings. someone buys one at ,000,000,000,000,000
this is only true in the usa. (and maybe canada, i do not know). for the rest of the world 1 billion is 1 million millions (10^12 instead of 10^9 in usa), 1 trillion is 1 million billions (10^18 instead of 10^12 in usa), and 1 quadrillion is 1 million to trillions (10^24 instead of 10^15 in usa). it amazes and confuses me a lot how numbers can be different in different parts of the world.
the total supply of satoshis will be 2.1 quadrillion when the final coin is mined.
i’m sure he got paid some ridiculous amount to wear the shirt and probably has no idea what it is. he’d almost be stupid to say no. kind of like the fight.
i dont think he knows what a coin is. it doesnt matter tho. as long as bag is good you take it. thats why he is richer than sum of all of you half brains
shouldn't integrity go up when you have more money than you could ever need?
fight hasn’t happened yet so...
dont get me wrong its absolutely bullshit but were talking about the best of all time fighting an amateur with a 0-1 record, i have faith in floyd
oh absolutely, may weather is one of the best at slipping and wearing his opponent’s out he also takes every opportunity to punish his opponents mistakes and logan will make a lot of them. after the first round ends logan is gonna be in his corner like 😰
dead? bruv he’s not fighting deontay wilder. floyd’s got some power but not the type of power to put someone in the icu
the paul brothers are annoying as fuck but there is nothing 'cringe' about losing in a boxing match to the goat its a win win for logan floyd is the only one with anything to lose here, although i do not think logan paul has any chance whatsoever in the fight
same, i hate the guy trying to box, i wish he would just stick to funny youtube videos.
logan yeah but jake, nah
he’s so wrapped up in his own ego that floyd himself would consider this an l. plus 50 cent would never let him live it down.
i bet you’re right.
i can’t believe paul even gets to stand in the same ring as floyd.
i cannot tell if you're serious or not.
they both can go 69 each other... fuck’em
people like you are the problem, entertaining this shit.
no way which channel or is it ppv?
the rain of ignorance
hey now, i've tried to understand it and i'm still dumb.
take it easy not everyone needs to be a tech genius to invest. the guy tried. this is probably more akin to looking closer and paying attention to the pic than not knowing nothing at all. i do agree that we should all try and learn as much about this technology as we can though.
tell us how it works! been trying but still confused, i might need a drawing to make it clear
this is my first time in the sub but from face value on trending this pic definitely looked kinda iffy— i’m all for ethereum and the technology that supports
true, and they want to buy their lambos tomorrow
also alot of r. so basically retards all around.
mooaniiing myyyrtle... also can we acknowledge what the fuck even happened to her?
let’s be even more honest, it’s not like 99.9% of the people in this sub can either. not read and actually understand what they’re reading.
it doesn’t even have a white paper
every coin that is not called ethereum but has the word ethereum as a part of its name is 100% a scam.
that's not how exchanges work
wow thanks i didn’t know that! important to know this stuff especially with the world getting more and more global, especially with crypto . i’m curious when you read the market cap of ethereum, does it not show a billion for you? what does it show. for me it says 300 billion but i’m in norrh america
he's also an endorser of frontrow, a philippine based company which sells products through pyramiding.
yup. he also endorse frontrow an mlm in my country. he got billboards here. i smh every time when i see those billboards
he made enough money in his last 2 fights for his grandkids kids to not have to give a fuck about money for their entire lives. the fact that he is selling out for pump and dumps (while not unexpected given his history) is pretty fucking thisgusting. if he said no, he wouldn't be stupid, he would just have morals.
he literally can’t even read the shirt.
100% depends on the personality. i feel like you get a lot of people where it goes up and they become quite philanthropic while there also seems to be another group whose egos seem to grow as their cash pile does.
no no come on don’t thisrespect connor had that fight been in the octagon may weather would have gotten knocked out, no thisrespect to may weather he did beat connor but connor is a much more experienced and better fighter than logan, logan has a 0-1 record and he has only been boxing for 2 years comparing logan to connor is straight thisrespectful
exactly. he has too much experience to make simple mistakes that would leave him open. mcgregor if he wasn’t so aggressive and cocky would have had a better chance than logan. in an mma challenge he would have obviously won.
to be fair, i’d get my ass kicked by floyd for millions of dollars too lol
honestly i do not want to see him do anything at all.
so you’re going to be cheering for the women abuser...
i did not mean from this fight specifically, just in general.
he would have to have made funny youtube videos to stick to funny youtube videos.
me: common give it to me auto correct: here you go.
ah yes the reddit neckbeard steroid specialist!
there is not enough time to thissect the stupidity in your post. and you're an absolute idiot baffoon clown if you think he is not taking advantage of them. enough of this "akchually he is 99% natty" stupidity
he is 100% taking steroids. he could be in-between cycles, but he is absolutely taking a heavy steroids. you do not have to be completely shredded and lean for that to identify you are on a steroid. it is more likely he is taking something like anadrol or dbol. his deltoids do not look natty to me at all. i've been around many people who use steroids and researched them extensively since i used them. you can post his picture on the natty or no steroid subreddit and he will get the vote towards steroids i guarantee
the dude looks roided imo.
50 lives in his head rent free, and 50 lets him know it.
in fairness, the dude looks fucking massive. i’m not saying he is going to win but maybe he can use that extra weight to his advantage
lol when it comes down to it, size is a huge factor... floyd has been fighting guys his whole life with people just as puny as him
i don’t have a ppv, i’m not watching nor spending money on this trash, why do you say that? also going to the root content of mine “why is this happening?”
ppv of course... they’re only doing it for money... it’s a joke.
pretty easy to find a free stream if you're alright with that. neither if them are really great guys so i do not feel too bad about it lol.
are you suggesting emax is not a shitcoin?
as far as you've made effort to even read up on it you're already better off than most that get financial advise from musk and his cohorts
probly a lot of people here who, like floyd, can’t read.
i'm not a tech genius in the least, heck i hardly understand everything on vitaliks blog but i like technology and how thisruptive blockchain is, but people seem to care more about the price (which is good) than the tech and that is why a tweet can thisrupt the market and people fud
i mean who does not lol. if i could buy a lambo tomorrow i'd be pretty stoked lol
can you put this in layman's terms?
he cannot even read you telling him it does not have a white paper.
scam too hope not
market cap thisplays used to work like that. they aren’t much better now but shitcoins like this have more speedbumps to their artificial mcs.
that is exactly how market cap works. whatever the last transaction is determines the 'worth' of the entire outstanding assets.
exactly, but the small value tricks pretty much over 90% of the market thinking it is a good buy because the "share" is only pennies or a fraction of a penny. (ex. dogecoin and many celebs saying ada was a good buy because it is "affordable" and "under a dollar")
it says ,625,767,952 on coingecko. i'd read that as three hundred and twelve thousand millons.
your car doors would [open like this](
which i'm sure he also has no idea how it works.
i agree, but your forgetting one thing... great boxer, really really stupid... not a chance he even understands what crypto is
uhhh... his name is floyd money mayweather 🤔 it's kind of his whole gimmick.
really? how much is that in dollars? i remember his name from like ten years ago and thought he was long gone sportswise.
the world is thisgusting bro
i don’t think anyone is thisagreeing with that, but the point was more mayweather’s strategy is gonna be the same. and, i think more of the point was, if connor got that gassed, surely logan will be even more gassed faster. we will see. i hope mayweather whoops him. then again i might take that fight too if i would make potentially
yea if the connor vs floyd fight was in the octagon it wouldve been a different story and connor is one of best strikers in the ufc but he was trying to do what he did to aldo just came off too quick and made some mistakes but he did much better than logan would ever do
i'd eat floyds shit
dont get me wrong if there was a large sum of money on the line i would go get my ass whooped too
you'll get what you wish eventually this way likely sooner
no... we are going to cheer for the person who mocks suicide victims and makes fun of entire cultures he cant comprehend... nice to know who you vote for but i do not give a shit about either.
i've lol'd once or twice... 🤷‍♂️
whilst you’re right about lance, and 99.9% of top tier elite sports professionals, logan may be using peds to a degree for performance. who knows. the commentor you replied to is absolutely correct in terms of body looks and lighting. i’ve always wondered about logan and if he is natty. on ig photos and posed instances, he always looks huge and shredded. but in videos, even when he is big, he always has a degree of an athletic but natty look.
lance armstrong was doping but it is not steroids he was using. cyclists do not want to add weight or muscle mass, they want to move more oxygen and recover faster. while they do use hgh and testosterone, they are mostly using epo and blood doping to up the red blood cell count.
wasn’t lance using epo though? not really an anabolic steroid
do you think blood doping and gear usage are the same thing? if so than i’m here to say they’re not.
that implies that maywether wont move around like a humming bird and then punch only for points once logan gets tired. edit: never mind, no judges and no points. only way for mayweather to actually look good is to k.o paul, or mop the floor with him, which probably won’t happen, so it’ll just end with both of them looking goofy.
he has a huge advantage because of his size even if he’s only an ok boxer strength and size are always helpful in combat sports. it’s funny, everybody this guy is fighting is way smaller than him. he would never be able to keep up with guys his size.
if you knew anything at all about boxing, you would know that the more bulk you have the slower you generally are. so not quite the huge advantage you are talking about. add that to the fact that floyd mayweather is one of the technically greatest boxers of all time and that he is fighting a roided up youtube star with no credibility whatsoever in the sport and you have an embarrassing match up. am i missing something here? are you suggesting that the millions of humans who have a physique like logan would match up to somebody with the fight record of mayweather? what's next for this clown? a 100m sprint against usain bolt?
😂 69 *detector* bot
there needs to be a place where one can go to find links and good ‘to the point’ info. lots of people are scared to ask if they don’t know even on the internet
can confirm, i cannot read, please translate to emojis.
you keep bringing this up yet floyd is living “your dreams” up without reading😆
what did you say?
yup i hear you on the price but it does matter otherwise let’s not kid ourselves and say we would really follow it this closely. i love it tho!
so will i, however the possibility of that happening is very close to 0, but chances increases proportionally to the time you hodl
he said we all rode the short bus
most people here are not capable of fully understanding the technology behind the crypto which i think is wrong, people just do not put in the time
i donno man, it’s called ‘e-penis’ so probably
that's not how *exchanges* work. can you read? you do not just get to make 1 wash transaction and call that your market price.
it factors in the closest price between buyer orders and sell orders, and you can’t just buy an emax for a dollar and then make the price a dollar, you would immediately lose money on the next closest buy order.
that's not what he is talking about. , not marketing via small value lol
oh interesting, so on cb it says “300 billion” for me
it's about the money they paid him. it's the money.
he is not an idiot his yes men must have told him what is it about.
he doesn’t have to. he’s the highest paid athlete in the world.
mike tyson was a great boxer julio cesar chavez was a great boxer... mayweather is a great runner
fair point, but given how much money he has, he should have people that handle that sort of thing for him. money buys competence.
dude dropped over 1 million in crypto before the cmg fight. tf you talking about? he literally nicknamed himself "crypto floyd". stop being pathetic hating on a guy who accomplished more in his last 6 years of life compared to your entire life. never had a conversation with a guy, only see what the media portrays about him "great boxer, really really stupid".
i get that. but he is money mayweather because hes made bank fighting, not because he would do anything for a couple grand. its weird that he is jumping at pump and dumps and sponsorships that are the equivalent to pocket change when compared to his bank account. the last scam coin he promoted made off with 32 million total. there's no way they paid him for his promotional posts any significant sum of money compared to the half a billion he made off his last 2 fights.
his cut for mayweather vs mcgregor is reportedly 275 million. he made roughly 150 million from his bout with pacquiao before that.
you think that’s all he’s going to make on this fight?
it’s not even on the line, he gets a ton of money win or lose(through bets, sponsors, and cut of profits)
fair enough, but i don’t quite understand reddit’s violent fantasies about logan when floyd is markedly a worse person.
if you genuinely don’t care for either fair enough. i should say logan has done little to be that angry about for the last few years, but it’s defensible to still be angry about the suicide forest.
i cannot stand all this shit he was an obnoxious fuckwit in japan for sure but that does not make him some evil person that can never be forgiven he was a young moron who did something fucking stupid. i do not like either of the paul brothers only rly know about them from people talking shit about them but come on man people have done far worse than what logan paul did and learn and change and become decent people.
he’s literally served jail time for [it](
no accounting for taste i suppose
i guarantee his picture will end up on the natty or steroid subreddit, and it will absolutely get voted he is on steroids lol. once you take steroids it becomes easier to tell when someone else is on them. why is it like that? i have no clue. might be the many many hours of research put into figuring out the proper dosage and steroid to take for your body. but yeah logan looks like he is on some anadrol and tren a
lighting is his best friend. lots of natty builders can look like they use steroids with some good lighting
there are no points, they have no judges
like i said, i think floyd will win, but for one, floyd is far past his prime, logan “seems” to be have training hard the last couple of years with top boxing trainers. the fighting style for fighting someone as big as logan is going to have to be different for floyd no doubt, there’s quite a few things riding against mayweather with this whole thing, so yes, there definitely is a chance! it would have to end with a knockout punch by logan tho, no way he’ll ever win if it goes decision.
everybody has a plan til they get punched in the mouth.
a good place to start is mit open course on blockchain. it's honestly a good course. you can also check out the ethereum.org site too
i'm making this currently, cool to see a need for it.
imagine sticking up for the woman beating illiterate midget.
technology is something different than purpose. where are the papers about the purpose of blockchain?
i’ve given some effort and i still feel lost. like, i’ve been to ethereum.org and my brain feels smooth.
i meant right now, just going in and reading it. most people are capable of anything with enough time — mayweather could learn as well, but that’s not what the original guy was talking about.
yeah these guys are laughable. as if the creator just sets 1 dollar as the price and suddenly everyone is trading at 1 dollar. idiots.
no, but you can have hundreds of bots trading with each other making artificial volume and market cap
if you buy one for a dollar you determine it is instantaneous worth.
no i get was he is saying and what you are saying. i just was bringing up the *real* scam going on. it's the idea that, "if it reaches one dollar i'll be a millionaire!" that he is trying to achieve, scamming those that do not understand monetary supply and its importance. if you get enough hype, you can actually pull off a pump massive enough where the marketcap goes insanely high while people still think it is a steal because it is below a (*cough* dogecoin *cough*). no way a dollar can do this unless the order book is empty with a couple of outrageous sell orders. if it was that easy, pretty sure everyome would do it lol.
oddly enough, mcgregor is currently the highest paid athlete in the world. mayweather used to be. mayweather’s mad earning skills are so high that other people temporarily become the highest paid athlete by bumping into his fist.
he’s the highest paid athlete in the world with almost zero major endorsements. his money comes solely from boxing and ppv purses. which is downright incredible. but also shows the lack of money management and how companies don’t want to do much with him. he’s also dumb as a rock.
seems like it shilling a pump and dump coin.
that statement just proves you kno shit about boxing.
don’t be silly. mayweather is the most technically gifted boxer of the past 20 years. sure he’s a little boring to watch for a casual, but you can’t thiscredit his sheer skill.
as roger mayweather would say "you do not know shit about boxing" flyd is a much better boxer than mike tyson who got beat by every elite boxer he faced (lennox, douglas, holyfield) julio cesar chavez spent most of his career fighting taxi drivers in tijuana
there are better boxers with better resume and legacy than floyd but thisagree on tyson and chavez sr.
ur foollish with that comment. you heard someone say this. you do not anything about boxing. the art of boxing is to hit and not get hit. go ask those boxers that used their faces as battering rams how does life. if they could get out a sentence from their rattled brains.
> but he is money mayweather because hes made bank fighting he also made banking fighting an mma fighter and a kickboxer kid, he is jumping to a pump and dump coins just for the free money.
as someone who clearly had no idea of boxing payouts i don’t know what to say. i can’t even...
ok so according to you looking for dead bodies in a suicide forest for content is less worse than punching a woman. in september 2010 this is the police report from when he beat the mother of his children, “harris told police that she woke up to mayweather standing over her reading her text messages. when she admitted she was dating someone, he allegedly started hitting her.” so its not like floyd is just out here beating women for no reason in my opinion that is as justified as hitting a woman gets. not saying it was the right thing to do but you cant compare that to looking for dead bodies for social media attention.
drive on the beaches with endangered turtles in puetro rico. there's one recent one for you.
i thought they were talking about paul
teenage boy potty humor makes me lol, everytime. im still a 6 yr old trapped in a 40 yr old body. 😂😂😂
>once you take steroids it becomes easier to tell when someone else is on them. is there any science behind that? or at least any way to confirm that? because it sounds like a sub full of guys who’ve done roids projecting.
is it good for total beginners?
guarantee your man would not do that
i am loving the advice in this group sometimes. mit open course software is great. listen to many different podcasters. look for interviews between tech enthusiasts and old banking elites:) i learn so much from those. the one i love is with founder of shapeshift and peter schiff i think
what are you making it on? how can i find it
that is a nasty word you chose to use, my dude.
but who’s perfect in this world? see? it doesn’t matter. everyone is imperfect. not everyone has financial success.
such a good fucking point right there. as a total layman, as far as i can tell from what i've read, it is that in contrast to other earlier digital currencies, it is harder to scam the system by double-paying the same coins and using other exploits, and it does so by having a decentralized system across many different computers for working out the transactions. and then other currencies after bitcoin improved on certain things. but that is still just a technological reasoning, as to the question of why we should have a decentralized digital currency not tied to "real" stores of value or fiat currency has not been answered as well as it should. on the one side are the enthusiasts who think it is the best thing since sliced bread and then there is people who see it as just another tech-boom that will be forgotten soon. of the two opinions i'm more inclined towards the latter. at least, i do not think that blockchain will drastically alter our daily life like online-banking or credit cards. even with the new interest, it is just not gonna happen imo. i'd be very interested though if anyone thisagrees or has a technical correction.
there was more of that thiscussion early when now it feels nice to have real applications that we as a community can talk about instead. however check out podcasts of different sorts on this topic. from funny to serious. you do need that 30mins of "why am i doing this again?" every once in a while...
for some positivity... often in learning it is when you understand that you do not understand that you start understanding what you understand and do not. do you understand what i mean? ;)
sure you can, and then real owners of the coin would sell to your bots and bankrupt them lol
have you ever used an exchange? buying 1 coin at 1 dollar would not push the price up. the next order would just be back at average trading price, which would still be .0000003. all you did was pay somebody 1000x the value in one transaction. it would take millions of people putting in orders at a dollar to push the price up, and even then it would be for a few hours until everybody that got in early dumped their bags.
i mean don’t get it twisted, he’d push whatever bullshit if he could make a buck on it. he doesn’t need to understand anything about it though and from what i’ve gather he doesn’t give a shit as long as he gets paid.
he can run better than any other fighter... good for him that doesn’t change the fact the he’s picked fights and ultimately played it like a bitch for points... julio cesar chavez was 89-0 before he lost a fight and that man fought everyone that ever even spoke his name... he was a real man mayweather is a clown that goes for points... then he has the audacity to go and claim he’s better than those who paved the way? he’s a clown
i just used the first two that came to mind because i just like them as fighters… but sugar and many others are far more impressive then him
mohammad ali is the goat… but i would put many above him... get off his jock and be realistic… he was the 5th person to go 49-0 for one... for two he’s just a technical boxer that’s not why we watch boxing... he scores points better than anyone that doesn’t mean he’s not a bitch...
it’s not normal boxing payouts though. sure there have been some really high payouts in history but nobody to the extent that this dude has. it’s always funny to me when people talk about how dumb he is. like...okay
those paychecks weren't normal. mayweather vs pacqiao was fight people were waiting years for. mcgregor vs mayweather happened at the height of mcgregors popularity.
sure, but it’s not logical to singularly fantasise about (in reddit’s mind) the lesser evil. logan has also done nothing in a good few years now to be so hated in any case.
dude. that is 100% less bad then domestic abuse. it’s a [pattern of behaviour]( with floyd that he’s served jail time for.
was there really any turtles there ? saw also footage of the locals also driving there
link the video? does there need to be a video for someone to have improved themselves? 🤣 what has he done recently that is so bad
probably time to grow out of that.
>might be the many many hours of research put into figuring out the proper dosage and steroid to take for your body. on top of seeing results from others who do them and are open about it. its the same with many things like that. i'm around cars so much i can hear the exhaust from a random sports car and identify it along with the brand in most cases. once you are around people who are natty and juiced you'll be able to tell the differences pretty easily. its just something you pick up on.
absolutely, you should check it out.
well i’m doing it 🙂 so homie did his job either way
i'm making a website with links and resources i've gathered over the past few years, i really want to differentiate from content creators who are spreading misinformation on crypto and focus on educating and connecting people to good projects. ill send you a link when it is finished
that’s fair. not my intention to offend, i think everyone can agree we speak without thinking sometimes. my bad.
good to know financial success excuses a literal trained fighter to throw hands at his so.
there are no real owners in this type of scenario. 100% of the supply is owned by a single person. after enough fake volume is created, real volume will start to come in and then the owners can rugpull. say i am selling rocks in my yard that have 0 value. i can trade them back and forth between my group of friends and we all give each other ,000 per rock. once outsiders start to buy a rock at ,000 per rock, you start selling your rocks just to them and not to your friends. then when nobody is buying them anymore, you just are done with selling rocks, it is over. you collect the money you made selling worthless rocks to random people and split the profit between people.
1000x in one day, yeah bags would be dumped and bags would be held. not by me though.
you're assuming that there is plenty of liquidity in this shitcoin.
i feel like i’ve lost some brain cells after reading this.
jesus christ dude... i’m not even a huge mayweather fan but you’re clearly just a massive hater. chavez fought so many tomato cans and binmen to get that record. mayweather fought literally everyone of his era, and sure a couple of those fights he timed very well but he still did them. are you just a fan of youtube boxing?
best counter puncher in history.
buster douglas is always underrated but had a huge amount of boxing talent, quick feet, good counterpunching, good chin. he was lazy throughout his career but on that night in japan he managed to put it all together and ko tyson. even if you do not consider him elite, my point still stands that mike tyson got beat every time he stepped up.
flyd mywythyr. just realised that spelling mistake now
you're calling a grown man who takes care of his family with his hands, generates money and was at the top of what he does, an athlete a icon, and without a doubt a legend a bitch? a female dog? a bitch as in a coward? that is your opinion. no problem. you cannot change his boxing record is 50-0. period. no one is on his jock. i was never a mayweather man. i also feel he may not make it out to be in his favor tonight. but people like you make me wonder. so conor mcgregor is not a bitch correct? he's quit in the middle of fights atleast 8 times. gave up. i could careless about all of this. im here for the entertainment
yea ok but still you dont need to know the criminal record of a fighter to enjoy a fight in my opinion dont even look at that because its in the past just enjoy the moment.
nah, that would be both of them. jake is just the one who was dumb enough to film them doing it and then post it.
"other people were doing it, so it is chill to break the law."
geez man, let people laugh at what they think is funny. no need to randomly be a downer on people’s happiness.
that’s a good idea. are you familiar with freecodecamp? would be cool if there was a community like that for crypto education
speaking without thinking is my specialty! don't worry about it, you were obviously riled up about mayweather and not on a mission to hate on people with dwarfism, haha!
sure but that is not a grossly exaggerated market cap scam. that's just a normal shit coin rug pull
i think he can afford to buy a vowel, do not you?
you’re not being as smart as you think. i’ve replied to your comment, sure. but as you have exhibited a behaviour that is fairly ubiquitous across the site, i think it’s fair to lump you all in together on this issue.
[tip this post any amount of ]( (by [1:17pm utc]( to keep it visible.
this looks like the front cover of one of those animophs books
a bully bear (market). it sure is looking grizzly for the paper hands.
lol! bullish bear or bearish bull 😹😹😹
reminded me of the legendary manbearpig :d
this picture definitely says it all!!!
looks more like a bear
u[tipped]( you 5.0 donut!
lol, are you saying the market looks confused?
bet you’re real glad you got the cursor in the picture
i for one, welcome our new buar overlords. ^(as long as it is not a full on bear market i'm happy!)
that's a horny bear if you ask me
i am feeling... bluurish (bull + bear + issssss) 😒
seems like the trading season to me
lol... this is actually true
the market is unbearabull
i don’t know what i am….
look like bear f\*\*ked bull,this is new baby
bullish bear. not bad at all. not bad.
it has been so crazy
bearull market. just goes around and around.
can i get a little wooden carving of this animal to put on my table, so i could have awkward conversations with girls i bring home about metaphorical bears wanting to destroy my magic internet money?
schizoid market if ever i seen one!!!
what a majestic creature. like it was created to revoke feelings of euphoria and utter hopelessness at the same time.
it’s unbear-a-bull *knee slap* hah
laugh out loud funny. :) thank you!
is that a beer?
you mean bipolar bear? bullpolar bear
boop the snoot to drop the price another
thanks hedge funds price suppressor algos.
after the moass, ethereum is going to take off. i have no doubt. once the crash happens to stock market ether will be the crypto making the biggest gains.
hahaha, yeah true. just stay calm and hodl. we'll live through this.
haha, my flair is relevant now
whatever it is i’m getting caught in all the traps
are we in a bull or bear? yes.
needs two jack black faces positioned like boobs.
thats called a barbul market
meanbearpig says the hodl has begun
bearabull you just have to hold...
it just cannot decide if it is a bull or a bear
this ish so accurate i’ve a headache
when last bear turns bull is when the markets will crash 😂
a bearull market! i like it!
you know what to do then guys, buy the top and sell the dip!
or you could just do charts and predict accurately the market's upcoming move. use metatrader4 or tradingview but if you want something out of the box and truly unique, [cryptonovae's beta]( seems like a good option.
it's going to bounce of 2000k in next 24-48 hours moon till mid july early august megaphone down
these bears... they’re... bulls!
it will be range bound
a bulear market. also known as the volatile crab
i think its just a change of focus on solutions to carbon emissions and money fluidity with fiat institutions because we all know the roles of the altcoins and blockchains built with all this in mind so before eth and btc can climb they have to pickup these backing blocks . ltc, polygon, enjin...
imagine if this was actually real?!? terrifying😂😂😂
took me a second.
so your saying it is un-bear-a-bull? i'll show myself out...
dis iz dee wei
i just hold my bag and buy more when it dips or if i have money. i invest in real projects that can survive the bear though, so i have nothing to worry about. all the shitcoin
summed up in one pic!! beautiful and so truthful.
the market is weird right now
get use to this for the next 3 years. don't expect anymore large gap ups til the next halvening
the bearbullman market! let's go
it feels like that on a daily here on reddit! one day we are up...one day it is all crashing down...i'm in it for the long ride!!!!
you mean the crypto market fir the last 3 weeks...😩😩😩
new breed of market !! 📈📉🚀👟🦯👨‍🦯😂
i see a new tattoo coming
it clearly looks like a pump and dump
fitting a cryptid would be the animal representation of the feelings on the trends on a cryptocurrency.
that’s just the manbearpig...
eventually it will become a unicorn going straight to the moon.
it's like an animal i've seen in my dreams telling me to not worry because my eth investment will help me retire before 95.
i love the cursor 😂
good days for 🌈🐻
i'm not gonna google that.
if the horny bear brings us to the moon, i will ride the horny bear...
it is the cover of an animorphs book. its about a bitcoin maxi who tried defi and got sucked into the superior eth ecosystem.
that book was scary as hell back then.
looks like the nightmare bear from the movie annihilation.
hedge funds are after my portfolio of , i'm super serial.
hopeium is a helluva drug. makes a bear look like a bull.
good to see the tipping in action!
did bet you’re real fain thee did get the curs'r in the picture *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
for me, a time to dca in some more eth!
ye... will f every1 in path...
making dem monies flippin!
eventually yes. but in 2018 people lost 90%+. if they hodled, they would have made it back, but that is a steep drop
i am new to the concept. what i learned is that the nft is basically proof of ownership. so anyone can technically print it, but there will be a single owner of the piece and by owning the nft they have proof of ownership...apparently. makes me wonder what if i took a pic of the mona lisa and posted that as an nft.
i see most of the nfts these days to be worthless who are just appearing to be like a bubble, beepl being sold for millions baffles me sometimes!
most of the artists are releasing their nfts for quick money. i managed to dig on some nft projects which looks solid for now since they have utilities for the nft.
i still do not understand what makes nft much more desirable than others
look at that muzzle lol
and after that pit stop, quickly on to mars
how? crypto has pretty good exposure right now thanks to popular people talking about it all the times on all social platforms. all the whales and the non-whales have already bought the dip. why do you think it will start accelerating anytime soon? where is the new money going to come from?
omg, i didn’t even see that. 😂
remind me of yt videos in high school...
that’s a good one. stealing it 😎
you gonna end up at a gay site for sure.
just do not let the horny bear ride you.
almost as scary as a bear market 😜
i remember yeerks 😹
get fucked shakespeare you brummie prick.
then quick pitstop back to earth 3 times.
institutions. it's still early days.
let him have it. bc a fight to the death wouldn’t help anyone
he's gonna end up on reddit.com
lol, not if i do not check the charts. i'll just delete coinbase pro and coingecko and i'm good.
gave me nightmares as a kid!
institutions that we hate with a passion and are the entire reason why crypto exists in the first place?
it's pretty gay depending on the sub you're in so...yep, a gay site.
it does not matter how you or i *feel* about banks, hedge funds, or any other institution sitting on stacks of investment money... the fact of the matter is: (on a macro-level) crypto has appreciated in value more than any other asset class in human history since it is inception. and if history is a lesson, then you should know that anywhere there an opportunity for profit, institutions eventually gravitate towards. surveys conducted last month found that nearly 60% of individuals working for institutional investment companies believe crypto is "here to stay", however only 11% of those individuals said their companies were actually invested in crypto. this tells us that opinion is slowly changing at these firms as more and more data is acquired over time, and so it is almost inevitable that the firms themselves will follow suit as the collective opinion continues to shift in favor of crypto. and when they do, the influx of capital will be unprecedented, as these institutions make even the largest whales look like minnows by comparison.
funny thing about reddit is theres gay shit in both senses of the word. theres literal gay sex and theres people being lame assholes haha. so does that make it super gay or does it cancel out like adding negatives.
just watching and stacking, just another day with a cheaper coin.
ohhh tyler winklevoss he has good ideas we can steal!
for sure. nothing has changed about the fundamentals and people were wishing for a ,600 eth a week ago. now those same people have turned and run. these are the opportunities where millionaires are made.
**with a small, small case won against fart suckaburg, i was able start my business** *fromthegroundup*
if i was him, first thing i would have done as a billionaire is change my stupid name from tyler winklevoss to max powers.
deep😂 people are changing their wallets from dark mode so they can see their balance😂😂😂
only thing i'm thisappointed in is that i only brought in two days ago, could of got alot more coin for the
just hold 💪💪💪💪 stay calm
and the rich from the poor
crypto is not just a way to make a quick buck... you have to understand people that this is the future of transactions and hopefully a new beginning to the economic system as whole trust me and do not sell the potentional gain is grater than the potentional loss (100-400€) is better to regret for something that you did instead of something that you did not
is that his actual profile picture?
also separates the investors from the gamblers. got into eth sub , invested everything i can afford to lose and went in for what it will be in 5 to 10 years, not what it can make me in a day, week, month. these 💎👐 am not shook even if it gets down below my entry point. knew going in that was a possiblity along the way.
i’m waiting for it to go down a bit more and then i’m buying. if you’re in profits hold this is just testing the waters and getting rid of the pump and dump mentality “investors”. they are the same ones who later regret not holding.
you take re right.
look your app crashed today stop talking crap
i bought another little bag just before it went to .
i just need these thiscounts to hold out until i get paid on friday. just another 26 hours baby. i want me some deep dip.
we are looking for royal citizens
that's why i'm still hanging onto my eth and block, ada, avax, agi, and other altcoin investments. this bear market, i believe, will end shortly, and the forecast will turn green.
does everyone forget the drop from ,300 to ,250 a few months ago. we still hit ,300. anything is possible. most analysts say that the bull run is not over. btc needs to secure over ,000.
hodl no other option
statement of the year!!
3 more days until i can throw more of my hard earned cash into eth. hope it has not increased too much by then.
i though we wanted everyone to participate in bitcoin, now it’s only for the “believers”?
tyler has purchased btc and other crypto for pennies. so let us not get too excited by this guy’s message. he ain’t your friend.
whisper words of wisdom... let it be... hang tough. big things gonna happen soon
i didn’t panic sell or hodl, i bought the dip.
just switch from the one day chart to the one year chart. instant gratification. another pro tip for your americans, switch your currency to the canadian peso. boom, your right back on top.
i still waiting for my first buy of eth 🥺
easy said as a billionaire, lol
i believe in ethereum long term. never gonna give you up.
surprised this guy hasn’t claimed to have invented crypto yet and taken it to court
big buy day folks! gettem while its hot!
1000 gwei gas and coinbase crashing separates the believers and tourists from the ruling class.
i heard rumors that, because of bad actors like those who shut down the pipeline, governments will shut down cryptocurrencies. what do you think?
not that easy to stay that you see -20% in read
yes the market is coming back
but crypto is not religion 😬
my eth has lost so much i cannot do anything but hold...
seperating me from my money at the moment
can’t sell if gas is 2k
hodl... instead of learning it the hard way
bitcoin back to 60k this year ?
boom baybe, they get it
tourista: oh shit scary sell me: i think i spent the dog food money
or more accurately, it separates the people who bought when crypto was pennies, versus the people who bought near the top. it's easy to say hodl when your average cost is 1% of the current value. it's also easy to say hodl when you have .
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i want to buy more but coinbase support is absolutely dogshit to the point i can’t get my bank account verified. anyone got any pointers for a scrub like me?
yeah umm... the point in crypto is new currency... people are not suppose to be afraid to hold their money. the whole thing is turning into one big centralized joke and i do not find it at all humorous
went from 100% profit to -10% in a day and i still am not selling !
im sellin but will buy later
separate the tourists from their money
i've been in for 4 months and i already know it is just a decent dip. like a cheat day for crypto.
was a good time to load up and hodl through!
but who would follow panic sale when it is kinda late
25% of traders care nothing about the fundamentals of blockchains and decentralization. they are always the first to jump ship. just count on it.
then ima fence rider! 😳. i buy...it dips...i sell...it soars...
only way you lost is if you sold.
this dude has his own coin… so yeah he better believe
are you saying to hold? is that your financial advice? are you a crypto broker???
and turn to nft?
facebook was actually my idea
it separates paper hands from diamond hands, panic sellers from hodlers, ogs from noobs...
doesn’t matter. i’m already broke from buying all the dips, so far.
millionaires are made by buying low and selling high. not by buying low, watching it go high, and knowingly watching it drop all the way back down and waiting for a better time to sell. you are all idiots. sell while you have profit, then buy more than you used to have after the drop. why the fuck would you hold on to something as you know it is in complete freefall. this was not just some regular fluctuation. we *knew* it was going down this time. i made good money off this and i'll have more ethereum when i buy back in than i would if i just held and let it drop to nothing. i could buy in right now and have tons more. again, you are all fucking idiots. *play* the fucking game you're playing. holy shit snap out of it. one fucking click of a button and you can convert to dollars, hodl your fucking dollars as eth drops, and then buy more ethereum than you have now and ride the fundamentals into the sunset. if all you can do is hodl then you're the market's bitch. i'm already 40% ahead of you by not losing fucking 40% by listening to you. fuck this sub.
they also bought in the very very early days from gox etc. they took risks
i’ll call him this now
"got the name off a blowdryer" says homer lol
the only thing the to bring regretful about cause same
not more than locals. just ask venice
i’m hoping for a sub 2000 entry point. i don’t think it’ll go below 1,500 but will trickle under 2000 for a consolidation to weather this volatility storm before the cycle pushes it higher to 7 k or more
he did not start out that way and he did not get that way by selling every time the price falls. he accumulated hard on something completely ridiculous like internet money called bitcoin and took risks instead of just living forever on the . >in april 2013, the brothers announced they own approximately . some reports suggest they bought some of their bitcoin for as little as . at that point, the duo was rumored to own 1% of all the bitcoin in circulation. **shortly after that announcement, bitcoin's price fell from -- the first of many dips on the crypto rollercoaster.** in fact that april 2013 dip was very similar to the exact early bull market dip i feel like we are experiencing now. it is the black arrow.
he’s a billionaire only because he held…
he would have revolted if a gamestop like situation would have cut his ass
exactly, if i was able to buy in for a couple hundred bucks obviously this dip would be nothing... but for us less fortunate it’s thousands of dollars of our little money to begin with so we have to make realistic decisions like when to sell and when to buy back in to fight for our success.
what's wrong with that?
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bout to turn a tweet into an nft
did you get it when it was there? was 1900 for a brief moment
if you covert it to euro its 2100 atm!
if it worked out for everybody nobody would be poor
> millionaires are made by buying low and selling high. not by buying low, watching it go high, and knowingly watching it drop all the way back down and waiting for a better time to sell. > > you are all idiots. clearly you're just salty. i have been taking profits and advocating taking profits on the way up. you're just projecting an imaginary image of the average person in this sub which fits your salty narrative. >why the fuck would you hold on to something as you know it is in complete freefall many reasons. firstly, you're making a statement as if it is fact, when it is not. how do you know it will continue to freefall? another reason you would hold is if you're invested on a long time frame like i am. eth is an all or nothing bet for me. most of my stack i will hold to + in 10 years time or . there is no in between other than the profits i take along the way to stay responsibly diversified.
ok. say you sell when it hits 4k again. then, it just never dips below 4k ever again. you're the idiot in that case, are not you? either way is a gamble. we're all idiots.
i agree with you my man. majority of people are retarded and emotional when it comes to trading and that’s why only a handful will make meaningful gains
you could not come off more like an asshole if you tried. edit: our boy has paper hands and that is why he is all butt hurt lmao >fuck off with this shit. i saved myself from losing a lot of money by selling. and i can buy back in whenever i want. you idiots act like you cannot just buy back in if you sell. what the fuck is so hard about just clicking buy again when the time comes?
yeah no shit. no shit i should have sold. i should have sold moments before every sell and bought moments before every buy but you know what not everybody is as cool as you.
dude...literally *everyone* takes profits along the way. what are you even on about, here?
just making shitty jokes, honestly forgot what group i was in when i typed that 😂this is the serious one🧐
when it was dirt cheap 🤣 tell that to the people that bought in when it was 4k. guarantee they feel a lot different.
i'm in for a couple hundred bucks, and every time i see the huge percentage drops i'm like "ok, 40 dollars gone, but only if i sell". on the other hand, i'm not getting rich like this. on the other other hand, maybe 10 years from now maybe it will be a pretty-ok sum.
he became a billionaire because of crypto tho
everybody thinks no as the answer to it which is why i think it ll happen
where to buy it
bought a little at 2200 wish i bought more than i did
brb while i sleep tonight
how many more ways do i need to explain that i'm talking specifically about people who tell others to not take a profit and just always hold. all over this sub people shit on anyone who sells. fucking read.
fair. i came here as its the non serious group 😳
wait, you change your behavior based on who you're with?
your dumbass woulda sold no matter what price
i bought at 550 and it felt expensive
don't we all all the time?
idk what your point is, i'm still up 7x on eth, and it is all staked so i'm earning 6% automatically. i'm sleeping fine tonight. good luck buying the dip.
where have you seen people *specifically* say "do not take any profits"? because it is possible to take profits and still hold a position in your assets without completely liquidating your entire position. so, my question still stands. *you* fucking read.
shit post group is different than a group that always wants serious input. are you telling me you’ve never experienced this in all the time you’ve spent on the internet in the vast amount of communities?
sold and bought twice as much, and pocketed , worked out for me 🤷🏻‍♂️
somebody is mad 🤣
just making shitty jokes!
bro ?? wow you’re a legend!
with twice as much ether, so yea, i obviously made the right move instead of watching my portfolio crash down 🥴
it's ok. i get it. you're stressed and unsure what the future holds for what little money you put in there. there's no need to come out swinging at random people because you're upset with yourself. take a step back and calm down 😂
i mean if you made 100’t have much in there to begin with haha
why does it matter how much i put in? it's not your money so why are you people so concerned with what i do with it? who wouldn't cash out, double their ether while also taking an extremely small profit? i obviously should have sat back and did absolutely nothing while staring at an unrealized loss of 2k on what i had initially put in. guess i should have ignored the writing on the wall and kept 💎🙌 like a fucking idiot in hopes for a 🚀 to the 🌝. only then would i have pleased the almighty ether gods of reddit. so i apologize, i truly do. next time i see a near 50% crash coming i'll tard up and hold my money to appease all of you.
once you all move into the backseat of a lambo, you’ll be set
don't incest what you cannot afford to lose
i like to think that you started out homeless and upgraded to a 1 bedroom.
a family that stakes together, stays together.
be sure to put a curtain up in the room so they do not get awakened by the 3am investing.
10k guaranteed... when. who the fuck knows??
i have a backup plan. i got a wall ⛺ and a hunting license if we need to move out and cannot afford food.
more union, less money.
one more eth mining asic in the bedroom will make things complete!
it ruins people financially only, everything else is legit
this one hits too close to home!
thats why i love crypto lol
as long as you hodl eth you should treasure these times they would not last forever.
i had to cash out 2 months ago. always planned to hold but as 5 eth west up over a year and became real money, when we were looking at buying a house and that extra money got us the approval. planning on getting back in for longer term once we're settled. (started with 7 eth but failed at trying to time dips).
i pawned my wifes ring
is this one bedroom unit on the moon?
did you have an exit strategy? i feel ya pain.
i hope you're joking. that's extremely sad if you were forced to downsize because of the fuckery in the crypto market. but i guess if me and my son had to share a room, it wouldn't be bad. family is the most important thing.
damn, i almost fall off my chair laughing hhahaha nice one!
playing with eth but you should not drink rum during that. as its eth the rum
wait you guys still live in a house?
biggest lol belongs to you sir.
hahah - this is hilarious.
not only we live in one bedroom unit but we also share the same meal - ramen noodles with ketchup
plenty of hugs to go around
what is thiscrypto is future
and the bear market brings winters and mining rig brings heat...a cozy room i say
i respect your wit and find it rather amusing.
shoulda bought million last thursday
wake up and smell the ether.
don't eth where you sh**coins.
that’s the way it is … for now lol
wait a minute so you upgraded from a studio?
wow, you guys are rich for crypto investors!
don’t tell me you sold your house and rent so you can buy crypto. if that’s what you did, i feel very sorry for you!
remember that time we shared your sister? that was awkward with your dad watching but she is a really good rider.
are you sure, the gas fees would not be much ?
do you mean the backseat of [this lambo?](
oh my god this is gold
that guy freudian slipped his way to hero status
step brothel, what are you doing?
jesus, 0 to 100 real quick
that was a good post over there
i think i love you
alabama would like to have a word
to the top you go you mad man
# this is the gwei ⚡
did i read this? hhahaha
347 people got happy for his misery, he took a leap of faith. and wanted do something better. no wonder why there so much suffering
*sells his one bedroom unit*
i guess you mennt invest :)
i can confirm. this is what happened with my family. technically homeless for a few days due to natural thisaster and upgraded to a 1 bedroom apartment.
yeah, one whole bedroom sure beats my cardboard box!
also make sure to put monitor brightness as low as possible to not annoy them with the light and not impress them with your skill for lose money quickly.
you mean 3am incesting... right?
no longer then in 3 wks i hear... guaranteed! when moon?
it will happen, thats the only sure thing.
you're as correct as the hedgies and cripto tredars do not worry
ammo is quite expensive now that i think about it
union is found in the poverty, loyalty in the fortune!
why not buy 3, then you dont have to pay for heat in the winter?
they will. trust me. it’s only going to worse after us and china formalizes digital currency following eu’s digital currency announcement this week.
that’s what mandalorians say, because their religion.
yolo, i hope you mortgaged it a few times before you sold it.
2 months ago apparently. i just missed the memo.
this is gonna turn into one of those things only the oldies know about during the next bull cycle, right?
best of the best.
bought the top ? ಠ︵ಠ
it's a reference about someone else's freudian slip
or rather 100 to 0
yes it farmed hm lots and lots of karma
congratulations, dude. you made it.
well, bought much of it before the pandemic. at least that is one asset that increased in value.
true, the more the merrier!
mortgage a few times before you sold it? what does that even mean? you do know that all outstanding loans have to be repaid before the sale can conclude.
i only buy peaks baby
i think the one with incesting title ,
here too, so it’s worth it i suppose 🥳
by “outstanding loans” you mean “mortgage”
no one knows your name, so shitpost away haha
yes of course, and that includes helocs or home equity lines of credits.
[tip this post any amount of ]( (by [4:37pm utc]( to keep it visible.
i give it 5 years before this tweet matures extremely bullish and folks are selling this tweet as an nft.
people of el salvador must be ecstatic they did not panic sell their .
president telling people to buy btc...mmmmm
sell all your bitcoin, cause a massive crash, buy the shit out of the dip, make a tweet announcing that you bought the dip, watch it pump as you laugh at the misfortune of others not being billionaires.
authoritarian asshole who shouts conspiracies all day says “buy the dip.” reddit: haha chad, love this guy
thank you president of el salvador, i now loaded my bags with an extra .
gains billions for himself, pretends he is doing it for the good of his country, this man is on a true sigma male grindset.
he is an authoritarian dictator guilty of the most heinous crimes, but yeah, he bought the dip...😐
el savage, more like it.
bruh he really do not give a damn!
crypto friendly sources even crapping on it. strong-arm =/= chad
my mind is at ease knowing that an authoritarian leader is not going to have problems with stashing his illegal money in his house by stashing it all in his illegal usb stick.
if there something called as 'financial atrocities' he has done that.
seriously, fuck this guy.
good god stop celebrating this move. it is bad for the people of el salvador.
hmm not sure about that, forcing an entire country to accept btc as currency in a shady wallet not really a chad thing to do
wouldn't chad have the most chad president?
hes a populist asshole trying to blame apple and google play store when his own chivo app just fucked his citizens from the . lying pieces of shit like him belong in the same turd unit as trump and other douchebags like maduro.
he has one of those names that looks like a regular word spelled backwards
i have heard something negative about el salvador's president. can anyone link me to the article?
heard the majority of their citizens don’t want to use btc and he doesn’t let any negativity about crypto bleed into the media. someone please tell me this isn’t true.
his country going to be one of the richest if he keeps buying crypto
fuck bukele, dude is an enormous piece of shit.
everything is good until a politician puts his hands on
if this guy wanted to manipulate the market he should have just asked me to buy some btc and load his bags with the crash i caused.
omfg what a moron its gonna crash even more he bought on peak basically ahhahahahha holy shit
el salvidor is poor af. only 550 btc 😂
i see what's happening. the organizations told el salvador to not legalize btc as tender. they said fk you we're doing it. imf and probably a bunch of powerful organizations decided to "crash" the market to retaliate against el salvador in their day.
the president of the new free world
i cant wait till he starts shilling nfts
but chad got no chad president.salvador president is elected chad.
if only us presidents were like this
0x0b3ab5... [tipped]( you 1.0 donut!
politicians doing economy is like churches donating to charity
save paper, save planet, save your purchasing power. buy crypto. that’s the writing on the wall.
u[tipped]( you 0.1 donut!
in my opinion they should adopt eth rather than btc ... well whats done done cannot undo hope el salvador economy will bost ...
following the advice of the leader of a 3rd world failed state...
should have bought eth 😬💪🏽
fourth poorest country in latin america, mass exodus of citizens due to poor infrastructure and high poverty rates and high murder rates. but yeah, he’s cool, let’s siphon money and pocket it, this is a shitty pr stunt.
let's how much profit will el salvador make!
they call him “el chado” 🤠
nayib bukele, proof or ban kid. el salvador paper trading. show us the proof nayib.
he is definitely planning to embezzle those coins.
imf & world fiat banks: "let's crash the market and send a message to el salvador!" el salvador: *buys dip*
what happens if someone's reserve wallet. that could be a thisaster...
but some early adopters can crash their whole economy in a blink.
i think the nation of chad has the most chad president. 🇹🇩
he’s literally a gangster, with all the positive and negative connotations that entails. this is, good, for bitcoin?
i imagine if we took someone here or from cc and put him or her in the president’s seat this is what we’ll get.
bitcoin transaction are making them to consume as much energy as a small country. wait…
isn’t he a soros conspiracy nut case?
how much eth did they buy? hahaha follow the signs... buy btc while it’s still under
president of chad needs to chad up...
i hope he continues to be remain a chad.a very inspiring figure who want to became a chad.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [erc20]("last usage")[ethereum request for comments ]( smart-contract token standard [eth]("last usage")[coin] ether ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 25 acronyms.) ^([thread for this sub, first seen 11th sep 2021, 05:27]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
ha ha right no chad's for president lol!!
lol that makes me love him even more
that's the way how to create a billionaire.
hope all other countries president should learn from el salvador president
this guy shall henceforth be known as the president of bitcoin...in el salvador.
if he‘s in i‘m in.
made an nft out of this tweet. bid starts at 0.69 eth
and in true latin american leader fashion he sells the nft himself and with the profits builds another palace for his kids.
how exactly is a tweet sold as an nft?
i love how he is calling out imfnews. dude is a legend! i do not live in el salvador but if you ask me he is my president.
this tweet will easily cost about 500 eth.
it would be cool if the price of the tweet rose to the level that his country invested into btc. that would really be “money for nothing get your … for free.”
i wouldn't be surprised...
i give this comment
wow...i did not think that way!!
they don’t even have the internet how are they going to log on?
if they keep that
next thing you'll tell me billionaires are pumping meme coins for their own amusement.
bro that guy is a dictator, nothing good about him
it's unusual but interesting.
not something you see daily!
he forced them to. el salvador forced through its bitcoin law by any means necessary
and around & around we go. all just hangin on to the whims of whales.
problem with this is not all of your btc is sold immediately. when you're selling enough to affect the price the spread on your sell older is so bad that the last 25% of your btc is being sold at the floor. still make some profit though
hey! thats elon's move >:(
p.s. when sharing links, you can generally omit the first "?" and everything after it. 😅 (eg. yours would end with "... -says")
lol yeah. i wish people would stop cheering this dude on. it looks really bad to people outside the crypto space.
people have to stop cheer this dictator, just because he said something good about crypto’s lol
yeah but his bullish tweet made my stack , all is forgiven.
the type of thing i'd expect from people using "chad" as a compliment unironically
salvadorean here, every salvadorean both inside and outside the country (that i know personally) love this guy. maybe it has something to do w this president actually being worth a fuck? i mean citizens will take anything after being consistently fucked over for decades. he gets shit because he shits on the old establishment that raped the country for years.
>authoritarian asshole who shouts conspiracies all day according to... the american corporations who own our media? :)
i could not find anything on this except for how he is dealing with the gangs and crime lords there, do you have any reports on this?
don’t insult his usb stick like that, beyond rye pale
should had said "not financial advice" at the end of his tweet.
100% agreed, funny how some people think he is cool 😂
i mean, people do not have to use the wallet unless they want the free btc. and even then, there is nothing stopping them from immediately sending the money to a different wallet
90% of politicians are populist assholes. edit: the number could be as high as 99.9% too
go tell the salvadorian posting above how he is supposed to hate the guy. let us know how it goes.
dont forget biden. the 52 year politician.
a few months ago he fired the entire supreme court and replaced it with judges of his liking. now they have ruled that he may run for another term as president (which was not possible before)
where did you "hear" that? imf shill mainstream western media? lmao
unfortunately, knowing this guy, that just means him personally, i think.
this was me although not sure why my name did not show up.
best i can do is 0.0001 eth!
that better be some righteous bud, mon.
1 bud for me please
i'll give you tree fiddy.
the guy in the back offers ...
erc721 + erc20 > opensea
nah he sells the nft to himself and launders the bribe money.
i can’t believe people celibate this. i feel so bad for the people of el salvador who have a gdp of 27 billion little internet and no idea what block chain is. i think this will end badly for them.
i will be messaging you in 5 years on [**2026-09-08 16:53:57 utc**]( to remind you of [**this link**]( [**8 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
they make a digital version and package it into an nft. jack dorsey sold an nft of his first tweet similarly and it went for just under .
funny how they buy btc, but to buy the tweet they need to convert it to eth.
chicks. chicks for free.
> internet users in el salvador > there were 3.28 million internet users in el salvador in january 2021. > the number of internet users in el salvador increased by 420 thousand (+15%) between 2020 and 2021. > internet penetration in el salvador stood at 50.5% in january 2021. more than you might think.
most people have cell phones with internet access there. the internet numbers are household internet.
wouldn't it be funny if one of them were to pump some joke coin, like, i dunno...cumrocket? now that would be something.
yeah this isn’t helping anyone. especially the people of el salvador. i don’t think it’s going to end well, that’s for fucking sure.
would you say the same if he was pushing eth? get off of your high horse.
yes absolutely. heard a lot bout him
he did not forced people to buy. he has just added another legal currency.
asaik, he’s giving ? correct me if i’m wrong. on a side note, he should’ve gone for eth instead of btc
he did not force anyone. it's just another currency. plus he gave them free bitcoin worth
it’s not being sold at the floor. the floor is the panic sell after you’ve sold.
yeah really. it's so fucking cringe.
he is a populist big head. you know who was also really popular in their heyday? literally every single preceding president going all the way back to cristiani. being popular does not absolve you of being a corrupt waste of carbon, which is what bukele is. > he gets shit because he shits on the old establishment that raped the country for years. and you're now watching him take his turn too.
so you and your rich friends living outside the country all like him. shocking. the dude sucks.
other el salvadoreans do not share your views. including journalists. edit: this thread how is soros?
so is he good or is he just a shade of black but much better than the alternatives like how i imagine most places are.
do you live in el salvador? if not, why?
to his twitter feed where he basically blames george soros for everything
the dude literally ordered the legislature to pass his bills at gunpoint. > during the political crisis, salvadoran president nayib bukele sent forty soldiers of the salvadoran army into the legislative assembly building in an effort to coerce politicians to approve a loan request of 109 million dollars from the united states for bukele's security plan for the country.
except bukele gets to rub his greasy hands all over the skimmed fees from doing so. this whole thing is just grift.
it’s not the politicians. it’s the public.
yeah, bukele is more of the same.
salvadoran here, fuck bukele. he's a populist asshole trying to blame apple and google play store when his own chivo app just fucked his citizens from the . lying pieces of shit like him belong in the same turd unit as trump and other douchebags like maduro.
so if your a citizen of a country you cant criticise your politicians? your asinine. go back to your basement.
i mean, if the alternative is a man with no experience whatsoever nor basic honesty, probably the lesser evil was chosen.
thank you for this one. this is so sad to think that he can exploit and manipulate his powers according to his whims.
a few anti bitcoin twitter accounts. didn’t know if there was any truth to it
decrypt is hardly an imf mouthpiece: new poll finds el salvador still doesn’t want bitcoin
the fees you'll be paying will be bigger than your bid.
"well, i've got to store it, keep it on a shelf, sell it... i'll tell you what, i've a buddy who's an expert, i'll get him to come down have a look" \*time passes\* "well, vitalik, talk to me about what he is got here..."
i see your offer and i raise you with 1 stick of bubble gum.
i will pay gas fee if you pay sticker price!!
10 years later this is equal to 1000 usd
interesting that now everyone that encourages bitcoin must be a bad actor.
entirely possible. price could crash the 20k and a new administration might come in and sell it at a loss. but, as a general rule, seems pretty likely to appreciate and value on the long term. so as long as nobody does anything stupid, they probably come out ahead.
bro they all have cell phones there it’s not like 30 years ago
this pres seems to know what's up... my prediction... final ... el salvador sells 50% of that btc ... they buy bitcoin asics for that volcano powered farm ... btc dips to ... el salvador rebuys btc with remaining profits, increase their btc holding + have a mining farm with 0 electic cost... passive btc income for el salvador.
you must think we all live in the woods, dump ass.
idk but for me this one is good beacuse i have my btc staked for 33% a year on freeway. i hope everyone will buy btc so i can get a real liveable passive income
how to do an nft ? i want to start creating nft as well. any of you know this ?
is there anything stopping me from making an nft exactly the same with a slight difference, like i take jack dorseys tweet crop it a little bigger and make it a new nft
the usa is in the high 90s%. el salvador just hit 50%. was just 33% last year. as we know in the us. there is a reason why the biden administration wants to spend billions on the internet in the us. getting to 50% is easy. they live in the cities it will take 10-15 years to get the next 25%. much harder than you think
nope. just hit 50% this year. this is a developing country not a developed country. we used to call them 3rd world. think remote. dirt roads poor cell reception
thank fucking christ bro. ever since it was announced i keep seeing a circlejerk of people praising bukele and el salvador about for amazing the country is for doing this. finally i'm seeing people talk about how this is a stupid idea and it would not end well. bro how about sorting out the violent crime, extortion, poverty and lack of opportunity. fucking guy selling bitcoin to a population that got fucked in the change from the colon to usd. many people in rural areas cannot even fucking read but they are expected to adopt this? do you have any idea how many people are going to be ripped off at point of sale? this benefits only the elite in the country and will help them move more money off shore and help the government rob the people more efficiently than previous governments.
why you think it will not end well but you still invest in eth ?
this has nothing to do with eth, btc or any crypto’s. there are things way more important than crypto’s and this is one of them, i don’t cheer people based on what they say on eth.
ya, where can i sign up to get ?
so everyone can pay ?
are you kidding? the gas fees make eth totally unusable as currency, as well as no finite supply. eth was never meant to be a currency.
he has promoted investment in the country. brokered deals w more foreign governments than the previous president. literally got to the top by fighting the two biggest corrupt political parties. know what i hear from my family in el salvador? he’s building roads near us son, there’s a new airport about to be built by us, and crime is down. the prior administrations did nothing but rape and sell out the country. the us has never favored a strong neighbor; especially not a central american neighbor. you know how many coups americans are behind in central america? hahahah and here comes a president that is ousting prior corruption, what a surprise this is the west’s perception of him.
as a rule of thumb, journalists live in ivory towers and seldom speak for the people.
that has yet to be determined. only time will tell i guess. i understand the narrative where he’s power grabbing and taking away power from the old gov’t and such. but let’s face it, that’s the same government (the two established political parties pre-bukele)that took bribes from the two powerful gangs in the country to get votes. those gangs rape and pillage entire towns. they literally tax every business in their town and i mean literal street vendors. oh, making ? give us ’ll kill you...literally happens all the time. the west is so ethnocentric and can’t realize what they’re talking about when they mention this guy. the prior government made that country un-livable. so what if he’s taking power from them? just fyi a former salvadorean president has fled for corruption charges...that’s what they’re dealing w there. sorry guys, it ain’t as black and white as y’all think it is.
the guy who crashed the gbp in order to make his first billions?
not to defend it, but the way i heard it, it was a necessary action because of the amount of corruption that was in the government. so, he held them at gunpoint so he could get the budget to go after the drug lords. honestly, if i knew my politicians were corrupt, i'd likely do the same thing. i mean, look at what he wanted the money for. not like he was building a new palace with it.
>salvadoran here, fuck bukele. you should learn to spell salvadorian. might make you more credible.
do i really have to explain that a citizen is more credible than a random internet dude from a different country?
one of them posted every single thought he had on twitter, the other post nothing but scripted statements telling people what they want to hear. the experience in politics means experience in corruption. i prefer the one that isnt hiding things from me.
ya took that into consideration! without the fee i was going to bid 0.69
lol, that is a fact. sad but true.
need level 2 for low gas. loop ring comes to mind. they’re partnering with somebody q4
hmm. i'm not sure of the data set that you're interpreting to get that conclusion, but i do not really pay attention to what other people are saying. *shrug*
its a currency now, as far as i can tell you dont just sell your currency lol
salvadoran born american citizen here. i live in los angeles and i go back every year to san salvador. they have phones and fast internet. it’s not the dark ages there. beautiful beaches too. there are quite a few educated people there as well.
about half do. so no they don’t also. it’s been a long time since i have been called bro. thanks. i am definitely not a bro.
nope. not at all
nope, but folks know which is the original based on the blockchain. folks will always pay more for the original imo.
salvadorean here, pretty much the vast majority of adults have a basic smartphone, our country is small, cell reception it is always present mostly anywhere, and yes even in rural areas. low rate is based on household internet, but mostly everyone has cell data.
i've been to places even poorer and everyone has cell phones. i know salvadorians and they say everyone has cell phones there. where are you getting this information?
who is elon? is he a z list celebrity or something? and doge is a proven crypto with real value and it is the best crypto. i invested in it and bought myself an ethison electric car!
people ignore latin american counties in general. unfortunately this is going to gain a lot of attention and bukele is going to end up a very wealthy man with more power than he ever should have. this is the beginning of a trend that should worry everyone, not just investors.
i read the article. it does not force people to buy bitcoin. it forces merchants to accept it as legal tender for purchases.
is the guy dictator? no. was he legally elected to represent people? yes. was he legally able to pass this law? yes. this law represents the will of the people of el salvador. how hard is to understand democracy?
send me , i’ll send you ps: txn fees are extra
just like lightning network being used for their bitcoin implmentation. they would use a l2 with basically no fees
you can say the same thing about bitcoin. neither one is particularly good as a currency at the moment. disregarding the first mover advantage, there is not really much that bitcoin can do that ethereum cannot do at least as well. but there are things that they are both bad at. that said, the stable coins that do make good currency run on ethereum . . .
at the current gas prices? yes. but not forever. yes, eth was never meant be currency and it should not stop it to be one. purely deflationary crypto like btc will never work as a currency
if it is about being anti imperialist america then why > during the political crisis, salvadoran president nayib bukele sent forty soldiers of the salvadoran army into the legislative assembly building in **an effort to coerce politicians to approve a loan request of 109 million dollars from the united states for bukele's security plan for the country.**
nice attempt at gaslighting. he has not done any of that dummy; simply saying it does not mean it is true. promoted investment in the country? you mean taking it on the face from china? cannot wait to see what strings came attached with that bullshit. literally got to the top by fighting the biggest corrupt parties? oh yeah, i remember him parasitically sitting on fmln's dong until his narcissism was too much for either one to handle. > he’s building roads near us son, there’s a new airport about to be built by us, and crime is down. neat, populism. you know what they used to say when i was growing up? "oh boy this saca guy is real great, the kids get free food at school, new shoes and a tall glass of milk". that's meaningless. the crime thing has nothing to do with bukele's actions, it has everything to do with the fact that gangs are becoming institutions in themselves and street level violence is not good for business anymore. > the prior administrations did nothing but rape and sell out the country. *that's what bukele is doing now*. > hahahah and here comes a president that is ousting prior corruption, what a surprise this is the west’s perception of him. he has not ousted anything big head, corruption is the highest it is ever been in el salvador. he illegally sacked supreme court magistrates. he hides public information and financial accountability information. he marched the fucking army into the legislative chambers and held the legislators at implied gunpoint to threaten them to vote his way. for every ghost salary that he claims to have terminated he opens another one, except this time for one of his own cronies. he's not *at all* ending corruption, all he did was blast the previous set of thieves to the moon to install his own guys.
sounds like a very based president. not sure why people keep calling him some corrupt dictator lmao
that is a terrible rule of thumb.
i agree but not everyone is preaching the president as carolina stated. or s
yeah and mussolini and hitler were praised in there countries too for doing the same thing. authoritarians always do the same thing, silence. guy may seem good now however give it a couple of years and i am sure you all are probably going to hang the fucker.
all the propaganda bots are here now. i hope your comment getsbupvoted more
no, you're acting like bukele is different, which is the problem. he is not. he claims to be the answer to decades of arena and fmln corruption. he criticized the previous administration for negotiating with gangs (illegal in el salvador). guess what he is doing now? he's passing anti-transparency laws to hide his and his cronies' grifting. he has been caught negotiating with the gangs. he is a piece of shit like arena and fmln (remind you, he came to prominence because he parasitically attached himself to fmln until they got in the way of his narcissism and they fell out). he is just taking his turn, same shit different color.
that is not how democracies work. holding a vote at gunpoint breaks down institutions, leading to more corruption. it is idiotic to celebrate this when we had a civil war in living memory fought to end administrations doing shit like this. if your legislature would not do your bidding, guess what, kick rocks and go figure out the political capital you need to get it done.
sure, i have my own words to say about it. bukele es un pendejo populista intentando de echarle la culpa a apple y google play store cuando su aplicacion pendeja chivo le chimó las 30 bolas a los salvadoreños. cerotes mentirosos como bukele le pertenecen al mismo club mierdero que trump y otros pendejos como maduro.
> you should learn to spell salvadorian. might make you more credible. you might want to learn more demonyms bud.
salvadoran is correct though... "salvadorans (spanish: salvadoreños), also known as salvadorians, salvi or salvadoreans, are citizens of el salvador, a country in central america."
so credibility requires residency? your an idiot. just admit that your wrong when your wrong. you dont have to continue to hide behind the veil of internet pretending to kno shit.
>the experience in politics means experience in corruption. yeah, sure. let's claim others corruption without any proves, so honest. >i prefer the one that isnt hiding things from me. not hiding things from you like hiding tax declaration? because i remeber the skit someone had made, i do not know if you too. edit: moreover you can prefer how you want, that does not mean you can claim electoral fraud or storm an institutional building that not even the terrorists have ever managed to hit. the only terrorist attack in history at the capitol was done by republicans, not immigrants, not even democrats. you can say what you want but that is already in the history.
well said!!! thank u👏🏼👏🏼👏🏼👏🏼👏🏼
you don’t care that trump spammed twitter every day with his retarded ramblings? lmao
it would seem like bitcoin is being forced out an entire country. i would think that would be bad for crypto no?
do you have a vagina? if not then you’re a bro
having worked for a ngos that literally trying to bring the internet to people in el salvador vast majority might be a little overstated. since the vast majority of americans over 70 don’t have smart phones…. it’s been a few years since i was doing that so i might be a little off but not by much just like the us age plays a major factor below 50 way more likely to have cellular phone. if you are young might seem like vast majority
thanks for the personal info. having cellular data does not translate to knowledge skills and ability in terms of crypto btc does not hold value they way the is dollar does. it is a very dangerous game.
a few places. been on a deep dive. for the last few days i have been to some very poor places as well. that being said it’s a class thing. upperclass not a issue. the lower economic developed people and places will see no benefit
ok. look at it from the point of view of the grocery store owner then. do they have to buy it now with trade of groceries?
> is the guy dictator? no. yes. > was he legally elected to represent people? yes. yes. does that absolve him of being a dictator? no. > was he legally able to pass this law? yes. yes. does it help when your cronies control the entirety of the legislative chambers? yes. it does not matter he was legally elected - nazis and hitler were legally elected too. he manipulated a country full of resentment from over two decades of arena and fmln corruption, except instead of coming through on his promises to end corruption and bring our country forward he merely installed his own set of thieves and is now enjoying the fruits of his labor.
"is the guy dictator? no" don't know the guy but a quick google search says otherwise
you are extremely ignorant of this issue. the world is full of little bubbles that people live in. if you dont explore as many as you can, you wont know the truth because they do collide with each other. you seem to be stuck in yours.
oh wow, your so generous. are you able to do this because you are a nigerian prince?
you send me 'll send you .
that skims any time fiat is onboarded or offloaded, and thanks to his anti-transparency policies, we have no clue what that money will be used for or where it will go.
> bitcoin can do that ethereum cannot do at least as well. i can pay for my coffee with bitcoin. lightening network takes a few seconds and only costs pennies, sometimes less. eth will cost you an arm and a leg, and takes forever.
i dunno man. lightning network is pretty sweet. a couple cents, it transfers back and forth really quickly. i think that is the future. sure, it is bolted on, but still so cool.
dude is just trump for el salvador and his followers are just as annoying. yeah i definitely believe that the person speaking perfect english online is a good representation of the average person in el salvador. lmfao.
wow. interesting to see internet geopolitical expert tough guys tell salvadorans what is and isn’t going on in their own country. i agree that dude is a populist and is thismantling democratic institutions, but those institutions were corrupt. in his view and the view of many citizens the ends justify the means. maybe non-salvadorans should mind their own business. not sure what country your from but i bet it’s got it’s own problems. maybe focus on talking out of your ass about those instead.
okay philosophy professor, and what do you propose the country would have done prior bukele to turn the country around? oh that’s right just live in the utter corruption that led to some of the highest crime rates in the world. taking it on the face from china? oh sorry, they’re supposed to get fucked over solely by the us right? he’s taking whichever side benefits him. sorry for your xenophobia buddy. china bad, us good i guess. you’re actually right about him being fmln in the beginning. regardless, when he started his own political party he still had to fight both already deeply established political parties. also wtf do you think he could have done other than that? when’s the last time a party other than democrat or republican won in the us presidency? hahaha if somebody were trying get to the top with their objective being make another political party, that’s the literal process you would have to follow genius. ride on the coat tail of one until you have the influence to make your own. oh that’s right a underfunded unrecognized political party would have the funds to run against these huge ones from the get go right? populism? does the fact remain that he’s building the country’s infrastructure? haha yeah, regardless of your opinion. how is bukele raping and selling out the country? any examples professor? also you do realize those same fuckhead legislators were at fault for letting the country get fucked for so long right? it’s just pisses me off because say hypothetically he was a dictator. ok say he was. what other fucking option did the country have? what option do you propose? he’s turning the country around and if you were poor in el salvador then you’d see that. also real convenient for you to say the lowered crime rape isn’t on him hahahaha wtf was it before he got into office? jeesh maybe it had to do w being hard handed on the criminals? maybe it had to do with putting rival gangs in the same prisons? hahaha
> that is not how democracies work the people he was holding at gunpoint were literally paid for by the drug cartels. they were obstructing legislation that would have directly reduced crime in the country. since the bill passed (which was for a loan even), crime has been dramatically reduced in the country and will continue to get better. i wholeheartedly agree with you about democracies but when your country is being held hostage by drug cartels, your convenient call for democracy is ignored. they were bribed and in the pockets of the cartels and literally forcing the country to *not* be a democracy in every single capacity.
so you're a bilingual parrot now. do you have your own words? or can you only copy others? and i still would like you to talk to the salvadorian above--you two can brawl it out.
oops, i stand corrected.
let me rephrase that for your reading comprehension issues. do i really have to explain that a citizen is more credible than a random internet dude from a different country?
all politicans are corrupt. this their way, unfortunately. keep your eyes open and hearts close.
i do not know, maybe yesterday's drop was market manipulation lol
hey, *anyone* can be a bro.
right, nobody claimed that cellphone data = knowledge, as a matter of fact, people do not know very well how it works, but the wallet it is super simple to use, so i'm sure people will learn the game, the wallet along the free , for those who do not really want to take the risks involved with fluctuating prices, and this is optional (nobody's being prosecuted). as of holding the value, i agree, btc does not hold it is value short term, however, the total crypto market cap is low (compared to other markets), where do you see btc's price in 10 years? it's not a 100% safe bet but it is sure as hell likely that btc will be way higher several years from now.
ah. every poor place i have been even the poorest have phones as there is no other way to do things
no they can still use usd. if someone buys something from them using btc they can either opt to take the btc or have it converted on the spot to usd. if they opt to keep it as btc their supplier has to accept it but get the same option to have it as btc or convert it to usd.
when will people finally understand that it was never about the nazis and the hitler?! it was all about the workers against the ruling classes. workers had too little to survive. there is no and never has been a difference between nazis and commies. same style propaganda, flags, extermination camps. as it was never about julius caesar being the dictator it was about nobleman losing their power thru senate in rome. people are the power and immutable thistributed ledger is here to fix the corruption. who got money from whom and when and why? you cannot delete the transaction. that's the essence of the blockchain. immutability.
yes. of course. the same google that censors, bans freedom of speech, skews narratives, supports terrorists? how did the arab spring end? please remind me.
oh, i do. and have concluded about it in a civil way. you have the right to vote by which you submit your vote to a certain candidate in the ballot who is going to represent you. if your candidate wins good for you if not next round after 4 or 5 years. if we would skew the system in every direction of every individual we would have nothing. chaos. you want chaos? nobody wants chaos. no progress in it. that's why democracy. suck it up and wait for your turn to vote again if your people have lost.
matic is a side chain but possibly yes. there's lots of solutions.
i mean when you use lightning, you're not really using bitcoin per se, you're using a layer two scaling system built on top of bitcoin. you can do the exact same thing with eth, except the most popular solutions are stablecoins because they make more sense anyways.
it's so frustrating to hear so many gringofied hermano lejanos love the dude because they have no idea of the reality of what's going on. the worst is hearing people say dumb shit like "my tia said" as if that automatically means they have an expert opinion of salvadoran politics. bukele is a populist, of course he is popular, it does not mean he is *good*.
i agree with your opinion. i myself studied this and many cases like this in latin america. double major economics and geography...and i am salvadorean american. and have family that lives there...so? i do agree with your opinion tho. at this point, most people don’t care if he’s actually corrupt or not. only time will tell. and i doubt they care if it means actual change in the country.
> what do you propose the country would have done prior bukele to turn the country around? i have no clue. however, not knowing the answers does not mean the solution is simply exchanging one set of thieves for another. this is the precise sentiment in which bukele thrives: he uses the very real grievances salvadoran voters had with the previous two political powers and speaks to that bitterness to convince people he is the answer. i do not deny we were picking the wrong people before, i do not and never have supported arena or fmln. bukele is not the answer. > oh sorry, they’re supposed to get fucked over solely by the us right? did i say that? i hate what the us has done to el salvador. however, the opposite of "take it up the ass from the us" is not "take it up the ass from china". it's not a binary decision to either ally with china or the us, but cozying up to the world's other super power for their delicious "no strings attached" money is equally as idiotic as the decades we were being reamed by the us. your entire third paragraph is pointless. i brought up the fact that bukele was former fmln to thiscount the idea that he is any different. dawg, half his party is made of arena and fmln refugees who are allowed to continue stealing as long as they bend the knee. *will fucking salgado* is the mayor of san miguel now. > populism? does the fact remain that he’s building the country’s infrastructure? where? his main 'project', the road to surf city, was not started by him. who gives a fuck about yet another road in urbanized san salvador? how about building clinics in san juan nonuhalco so mothers do not have to walk four hours to catch a bus for their sick children? none of bukele's 'infrastructure projects' address deep, systemic change necessary to bring the country forward. at best they treat symptoms of the deeper corruption in the country that prevents real change from occurring. > how is bukele raping and selling out the country? gee, i do not know, maybe getting involved with bitcoin? chivo wallet exists purely to get a skim of remittances sent to el salvador via the app. he announced the law in english at a fucking crypto conference in the us before anybody in el salvador even knew what he was going to do. also getting in bed with a another super power when the previous one dad dicked us for decades is not selling out the country, wtf??? > also you do realize those same fuckhead legislators were at fault for letting the country get fucked for so long right? what's your point? > it’s just pisses me off because say hypothetically he was a dictator. ok say he was. what other fucking option did the country have? what option do you propose? *bukele is a worse option than picking no option*. it was literally better to have stayed under arena and fmln's corrupt bullshit than to pick this guy, who is *actively* setting the country back. bitcoin will not move us forward, it will set us backward the next time this idiot loses money that is needed *today* by buying btc that would not appreciate until tomorrow. > if you were poor in el salvador then you’d see that. this is what hurts my heart the most, because you have no idea who you're speaking for. i work with the poor in el salvador. nothing has changed for them. > jeesh maybe it had to do w being hard handed on the criminals? he's done literally nothing previous administrations have not tried before with mano dura, super mano dura, super duper mano dura, or whatever other 'tough on crime' policy they came up with. it's not real, acting tough on gangs is useful bit of political theater. actually fixing the gangs requires treating them as human beings and addressing the societal failures that spawned them in the first place. that is unpopular. passing out photos of jails stuffed to the gills with prisoners sitting nuts to butts satisfies the intense desire for revenge most salvadorans feel because of how powerless we are to the gangs. > wtf was it before he got into office? bro, the murder has been trending down in el salvador since 2015. when bukele took over in 2019 it was already at one of the lowest levels it had ever been since the end of the civil war. crime in el salvador is falling not because of the actions of *any* administration, it is because the gangs have institutionalized themselves and operate more surgically. now they do not extort some random business on a block, they extort the building owner directly. they take money from politicians to allow the government to operate in certain areas. they managed to monetize their monopoly on violence, and that is the only reason why crime is down.
do you actually follow salvadoran politics? drug cartels are not a thing with us, *gangs* are. many of the legislators are corrupt, but they are corrupt in millions of ways that are not "bought and paid for" by drug cartels. and even if they were, the job of the executive is to uphold the law. go after them with investigations and court cases, not marching the fucking army to hold them at gunpoint. that is not the way it works. > since the bill passed (which was for a loan even), crime has been dramatically reduced in the country and will continue to get better. this ridiculous misconception is so often repeated that i feel like i'm going crazy repeating myself in correcting it. crime in el salvador, specifically murders, has been trending down since 2015. nothing about the reduction in crime has anything to do with bukele and instead has everything to do with the changing nature of how gangs operate. the passage of the bill did not do anything except take responsibility for a trend that was not caused by bukele in the first place. you clearly have no idea about what the political climate of el salvador is.
that is what happens when the us fucks with you for most of a century.
yeah buddy, if opposing bukele means i'm a parrot then caw fucking caw.
i wish i could downvote your entire existence bc obvi you havent seen your fellow americans and how "credible" they are. its safe to say any other country has a better grasp of the good ol' us of a then any average resident of this country. your continued commentary is prime example of such.
>all politicans are corrupt. maybe you should start talking for yourself(like an adult should) if do not have evidence about what you say, so the proof that everyone is corrupt (not someone but every-freaking-one).
true i call my gf bro but she also has a huge cock
i see many of your points as a policy of a country this is very risky to invest so much capital in something that might work out or it might not. did they get google or enron? i could go on but i need to play with my son. i will try to address the rest of your points after bed time.
it is significantly less common the further you go into rural areas. rural areas near the capital? sure people have smart phones. rural areas a long bus ride away from towns? barely any. the country has heavily concentrated populations in the cities, which is where you'll see extremely heavy internet usage. however, a gigantic population is also spread out in the country side. electricity and cell phones are not as common there as you'd think.
that does not mean that the are willing and able to engage in the crypto market. cell phone usage is about half the country. usa just hit 85 percent. it’s also a age thing. younger people use them 50plus not so much.
off topic but how does it work when you're forced to accept a form of payment as volatile as btc (or any other crypto for that matter)? it'd be incredibly difficult to price items since btc prices change drastically on an hourly basis wouldn't it? i'm imagining a scenario where a store owner sells a candy bar for 🤔
i actually use duck duck go but it is easier to say to google... anyway like i said i do not know him and im not saying he is, it is just someone saying no to that question always raises an eyebrow.
you’re a fucking idiot. this dude is a dictator. btw he’s using money that belonged to schools, hospitals etc. to buy bitcoin. it’s easy to spill none sense when you don’t live or know anyone from there
my people are american citizens because im a oef usar veteran, i dont like either of the parties corruption and hate that we are so divided as a nation. i also have 7 years of university education and have seen democracy all over the world. we have used it as weapons in many countries, but the divide remains. it just stops the mass killings by giving a sense of choice, but getting outnumbered which most accept, but you have taken the position of thinking it cant be corrupted or manipulated when i have seen it many times in many places. just in america, voting laws were changed in many states because of covid, while influenza cases thisappeared, allowing people to vote from home with no id verification. do you know how many non citizens are in this country? you seem to be preaching straight from a news media outlets programmed messaging service so i could most likely determine most of your thoughts by watching the same channels. i dont watch any of them because i have worked in high levels of government and know what they are. finally, the chaos has been spewing into the streets if you havent been told and people are dying every day. not just from covid. its called misdirection.
you're quite literally evincing the person you're responding too's point about being extraordinarily ignorant. we cannot vote for a different person now, bukele illegally sacked the salvadoran supreme court, installed his own magistrates and had them issue an interpretation of the constitution that would allow him to hang on to power for consecutive terms (which is expressly illegal).
it's the only solution i'm aware of that gets rid of eth fees. anything on mainnet is still high.
yeah, i totally get that, and you're right. just it is so functional and useful with bitcoin, i do not see eth being able to do that with the same level of transparency and simplicity anytime soon.
i doubt you're a salvadorian, but you are a troll, lol. how many sock puppets are you using?
my condolences on your anger issues. i hope your day gets better for you.
dude, that is some bro you have there. congrats!
no problem, i do agree, it is a risky investment, i guess let us just hope for the best.
ahh. i have never been there so thanks for the specifics i was just so shocked by cell phone usage 10 years ago when i would travel more to less developed countries. i would see people with a concrete slab and a tin roof as their home with 15 people living in it yet they all had cell phones. it blew my mind and made me realize most of these countries will skip steps and just go straight to mobile vs home computers
yeah, true it's for sure an interesting place to start for bitcoin as a sovereign currency. i hope it does take off there because i know this is the type of place most of us want to help
salvador also has usd as its national currency (additionally to salvador colon and btc) so at the time of purchase they could convert usd price to e.g. a mean price of btc-usd in the past 5 minutes.
i understand your point and no government or system is not prone to corruption. however, all media is private and is influenced by tax reliefs, ad businesses or personal interests of the owners themself. also, i get that usa used the democracy for its own personal gains. gotta shoot those old 100k javelins the new ones are already here. the complex pays the taxes and creates jobs. ;) regarding mass migration just notice that travel is cheaper these days and people try to find their luck elsewhere legally or else. heck there are around 2.5 billion tourists worldwide per year as of lately. the question is should we share our social benefits or rights with them as they did not build the system nor their ancestors have paid the price. regarding division: the division of society does not only occurs in the states. it's a global phenomenon which happens because of the social networks and their echo chamber effect. everybody these days thinks they are right and the echo comes from all sides of the network to concur. take for example muslim extremism, blm violence. however, if we do not follow the rules we will plunge into chaos. the transparency movement that is brewing for quite some time now will eventually force governance to be automated and that is where the blockchain and smart contracts come handy to fix the corruption of government officials. blockchain is here to help. trust me.
lol, voting from home with no id, like they are just sending attacks of votes to everyone's house. for someone who has spent so much time abroad, it is unfortunate that you are so ignorant to your own local election system.
wait for your turn to vote again. i repeat. you defy democratic process thus being a tyrant and supporting the tyranny. court is a complete separate entity from the ruling party. don't you know that? read. don't just say it is not my way thus it is wrong and illegal.
arbitrum etc. or custom l2 solutions like how immutable x works. and whatever optimistic and zk rollups means.
that he is not getting democracy back on track. democracy back on track would mean building strong, integral institutions that have open transparency. a democracy that is healthy would never allow a demagogue like bukele rise to power. holding a vote at gunpoint is a strongman dictator move.
> i doubt you're a salvadorian good thing that is not a bet because i'd be taking all your money.
it takes 1 sec to check his post history and realize that indeed he is salvadorian.
lol thx i need all the help i can get
yep, personally i've seen people in rural areas with no electricity jury rig car batteries to charge phones. it is crazy what you do when need pushes you to do so. you are right though, people living in poverty do often move heaven and earth to get ahold of a phone with internet access, and it is often the only source of digital access people living in poverty have.
all he reasons why other countries have not made btc an official currency are the same in el salvador i hope it works out but i have serious reservations
this begs the question of why though. why make business owners jump through these extra hoops? even converting btc to usd at the time of purchase would take 10-15 seconds to actually submit(if btc drops during the 10 seconds after the customer pays). might only lose the business owner 10 cents but that could add up significantly over time.
the app already does this for the store owners i believe.
i know the global movement is towards anti corruption protocols, but the world richest and most powerful will not give up their power easily. vitalik spoke of this in a tweet about changing governance methods because the already rich just buy all of the tokens and force their own proposals through power voting even when they know nothing about the code. the global 2 sided political party system which keeps everyone divided will eventually erupt into ww3 or the masses will wake up and take back what was stolen and prosper peacefully. the trillionaires(empire) against the rebel alliances(jedi hackers). haha interesting times we live in my friend.
ignorance is ignoring the facts. a simple search for (mail in ballots found) will show hundreds of stories of this. and by local, which state do you mean? because the states are different. or maybe you didnt know that a dead cat got a voting registration card in the mail either. yes, voting ballots were sent out to people who cant legally vote.
i do not think you understand that the democratic process in el salvador very likely will never occur again. bukele controls all aspects of government, at this point he can rig the next election and there is quite literally no mechanism that will stop him.
right but arbitrum does not have a token.
that's not what your wife tells me, heh.
salvadorians can be trolls too.
well, if they use non custodial wallets in the end and have control of their own wealth it will be a giant step forward
i guess the other issue with btc losing?
yeah right. pol pot is back. those wearing glasses move to the left. sparrows also left.
> he was voted in... i did not say otherwise. him reaching power speaks more to how incredibly poor our political and media literacy is more than it says anything about the quality of bukele's leadership. i will say he is already done irreparable damage to our institutions. even if he was gone tomorrow the damage is done.
well you've approached critical levels of idiocy so see ya. carry on eating rocks or whatever it is you do with your pair of brain cells.
i would say it is something like . they always get , it is if the individual wants to spend more or less at that time.
look man, at this point your ignorance about bukele is obvious to the point where this conversation is not meaningful. i encourage you to read more about his actions. he presents a carefully manicured appearance to the english speaking world, but he is a grifting, corrupt narcissist. him getting rid of the previous corrupt parties is unfortunately meaningless. now the corruption is worse than it is been since the end of the civil war
have a good one, it is been fun.
yeah, but what they received in btc can depreciate, that is what the other dude mentioned.
it's instant conversion. maybe a cent or two in between. thats how many of them do it.
yeah, if they convert instantly then great, but i suppose that it almost defeats the purpose of adoption of btc. it basically does not differ from paying with a british card (and having gbp converted to usd). i guess it is just cheaper for both parties.
it's mass adoption, which is what we need. it's bringing more people into it. but yea, not the prefect solotion, as the market is not prefect yet
more like falls into the water repeatedly but magically respawns in the road a second after.
please tell me that it was a truck simulator game video.
accurate af. also, that video just gave me more anxiety than my crypto has since the first crash i went through. 😂
the equivalent of me would be driving slowly in a straight road with no cliffs around and you'd somehow find my car upside down 80 meters into the bushes.
this guy has more control in his hands than me resisting to panic buy on the top of pumps.
i hope most of you realise this is a video game... otherwise, if a video game gives you anxiety, most likely you should not have been in the crypto market !
i didn’t realize until it was over that i stopped breathing at some point during the video. that was stressful.
my asshole puckered just watching that video!! 😂
the driver deserves 1000 eth for daring to drive this!
fake af but loco
what game is this?
these cats need a better road
now imagine people complaining because they have to be on too many zoom calls
oof. i know it is simulated, but i feel that video in my loins, and not in a good way.
it's a game, right?
i literally watched until he nearly tipped over before i realised it was a game
woah that’s a whole new level of anxiety that i just experienced
lol this is a simulator, but watch vids of the death road in bolivia… they do stuff like this for real, and some do fall
what video game is this haha
i have never been so stressed after watching a video.
safest job in china
and crypto is the truck on the left? 🤔
i can only hope the market do not fall as fast as them trucks would if they fell, you should watch most dangerous roads on youtube 😳
it nearly gave us heart attack
where’s the part where it starts going up the mountain using the roads that have the guard rails?
ya would go bald in a second
this made my to nervous.
my heart stop with each tilt, yea, exactly like that
more like the entire global economy
when lumber prices are high you make sure to deliver
waiting for the lvl100 mafia boss to appear
check out the big balls on this guy!
on point!! this is so stressful to watch :')
i'm pretty sure that gave me more anxiety than any crypto dip 😂😂😂
and holding through it is like being that driver
it’s graphics the driver in the bus that is parked is a giveaway
dunno if you ever been to sea but he has easily got that.
holy shit i just shit my pants and then celebrated! now i gotta go change and check my gains
gmer is the poormans gme !! but not for long
which of the truck simulator's is this? i kinda wanna get it now.
what game is this
he’s gotta be in the union!
chinese balls of steal. based
this made me more nervous than i expected
how is this real
god this gave me sweaty hands just to watch
this must be in china.
omg! i'll give 😀
this damn near gave me a heart attack watching this!!! my heart was up in my nose! damn!!!
re video ...they really are thick as shit in pakistan are not they lol
thats exactly why everyone understands crypto knows that gold backed crypto is the next hedge for billionaires. stock ticker dscr. that is where the magick resides.
this had me on the edge of my toilet seat
fake! he went in ! it’s a hot wheels toy truck.
*all* of my nope
that shit will make your butt hole draw up
is that cgi looks cgi to me
cgi is so cool...
this gave me such anxiety
anxiety levels rising up
wow highest level driving skills
this is terrifying i could hardly watch!
that's for those investing on some shitcoins or memecoins without real-life applications unlike that of eth, utk, matic etc
check out on twitter it’s a game changer.
took me while to realize it is a game!
talk about diamond hands, i bet he was holding that steering wheel hardcore! the truck sim guys would bust one if they saw this driving skill.
if this is not fake, that driver must be hawlling his balls on the back of that truck.
wow that driver was awesome.
for anyone curious where this is, its in a video game.
i think the real point here is the majority were had right off the bat that this was real. its becoming more and more difficult to thistinguish...what if i told you...
phew that was close
daamnn that is scary but so true with crypto market
genuinely had anxiety watching that
this gives me high anxiety lol the crypto market makes me excited for the future 😂
the bull market is not over. we will see a big run this year!!!
i need new pants just watching that
i'm think about selling at 26 and buy g again at 23 in a day or 2. my friend says do not get left behind lol.
wow... that is awesome and spot on for cryptos these days. can you get a clip with the truck falling over the edge... you should be able to post it soon to represent the markets. we move up 1 day and down 7 days... welcome to the bear. see you in 2024
what the hell did i just witness!? 😜
96 eth sold off at once. i was like sheeeeeeesh dang boyyyyy
the biggest giveaway is the water clipping into the rocks at the bottom
it’s quite obvious how he made it. he stuck his massive balls out as counterbalance
someone give this man a raise!
it's impressive that the weight of his enormous balls offset the leverage of those logs
wow. i commend this driver.
no worries, woods are safu.
losing 80% each round but keeps on going.
looks like it was. hard to tell with the grainy video quality, but the physics look a little wonky.
roads on mountains between india-china or generally on thr himalayan terrains are always like this lol there’s also a video of 2 volvo buses making the same stunt lmao
this type of insanity is normal in certain countries. look at the series world’s most dangerous roads. i respect the guys and ladies who do this for a living.
why the hell did not the other truck just back up to the wide spot?
the driver deserves a medal.
this video make me anxious. i had to watch til the end.
the background song makes it less scary.
the lighting and shadow that falls onto the bus parked on the road is the biggest giveaway to me.
most likely one from spintires series.
bro, that is a tuesday in thailand
exactly. the climax kept me hooked.
when was the first crash?
i can relate to this. just had to keep on watching.
well in my case the car would be on fire as soon as i get into it
it is a game
i was that driver, give me 1000 eth
judging from graphics and physics, one from the spintires series.
could be beamng. been a while since i played though
i do not think there is a drone that can lock on to its subject so tightly. it would need little rockets to move that precisely.
this is a videogame.
it’s where it went 45 degrees i finally realized it
i think it is an animation
i hope funds are safu.
i am anti safu... locally known as the king of anti safu
someone told the driver, drive an extremely dangerous road or sell your eth. well...
agree. physics are wonky at what is that below the cliff? water? looks very unnatural.
the biggest give away is how the camera follows the truck so perfectly.
look the the wheel movement. they turn direction in unnatural ways.
look at the water too
i hope it is a simulator.
may i present you, the most anxiety inducing [top gear clip]( of all time.
i will admit, i thought this was real for a second because shit like this happens all the time in areas of the world where not making a delivery means your family doesn’t eat that month.
maybe their internet was lagging.
and needs new pants
a medal and a better salary surely.
it's a video game wherein you can test your driving skills by simulating the actual vehicle. basically it is a noob game.
watched the whole thing cringing
two days after crypto was introduced to the world
for me, in may. lol
do you accept etc?
i hope we hodlers are safu
you're right, the water looks weird. and i'm surprised that the weight of the logs did not pull the truck into the water.
either that or r
it looks like a camera from a sports game.
lol ok buddy. not all of us specialized in internet forensics. yeah it looks rendered but no need to be a dick about it
someone peed my pants
that's staged as hell. i counted 6 different camera angles, each one had to be transported set-up and planned.
i rode a mountain bike down this road. sooooo fun!
best joke on this thread so far
i feel safu here, thanks fren
this. there’s no way with a top load that heavy that the truck didn’t go down. but seriously. ffs that is an accurate description!
yes. definitely the weight of the wood would have overturned the truck if it were real.
it's top gear, everything after season 10 was staged as hell. still entertaining though.
i don’t think they have allowed two-way traffic on this road in years. i mountain biked down it in the early 2000s, and they only allowed traffic one-way in the mornings, and the other way in the afternoon.
they still actually did it. it's not like it is cgi.
uh yes, i accept etc, send 1000 etc whenever, ty
no it may not. depending on how the centre of mass is aligned to the body, it can overcome some shear. the shear did not seem too dangerous. it was plausible. also i have seen india truck drivers actually doing shit like this.
it’s either nordic cherry or pine
but you were though!
except the few times when hammond nearly died of course
you think the stuff before then *was not* staged?
safu (persian: صفو‎, also romanized as şafū) is a village in avajiq-e jonubi rural district, dashtaki district, chaldoran county, west azerbaijan province, iran. at the 2006 census, its population was 37, in 8 families. more details here: < *this comment was left automatically (by a bot). if something's wrong, please, report it in [my subreddit]( *really hope this was useful and relevant :d* *if i do not get this right, do not get mad at me, i'm still learning!*
it's just a way to say safe
according to the book, a lot of the things that happened in the first few seasons were completely off script and to be honest, i believe them.
oh, then i hope we’re all safu. 😂
cool - i’m a gambler who invests!
to each their own i say. does is bum me out my ‘intelligent’ investments are doing jack, while everyone’s “insert new dog coin here” pumps to shit? of course. but at the end of the day, i’m happy for the people making boat loads of money
while i like eth, i have to say, every crypto currency is gambling. some are more "secure" than others, but you will always have a risk that it drops back to 0. even eth and btc.
i put . eth is still at . btc story would have been even worse. all investing is gambling. the trick is to know when to get in and when to get out.
can we just support each other instead of doing this.
btc and eth ist more speculation than investing. know the difference.
funny, they said btc and eth were gambles back in 2014. tokenomics could be the future. you never know.
i’m invested in eth, but is this sentiment in the eye of the beholder? i can imagine a stocks and shares guy shifting this one column to the right and putting gm stock in the investing column
10 years ago, bitcoin and eth was a gembling too...
wrong. they are the same. this investing vs gambling bullshit is just recycled wall st. propaganda designed to keep working class people from participating in the free market.
i can see how you may come to this conclusion. but let’s be honest, all crypto is speculation at the very least. the volatility is insane enough for btc never mind some of these memecoins.
many coins will come and go, but for sure eth and btc are here to stay.
btc and eth were gambles at one point 2017 ppl lost big with btc and again with one man's words the whole thing g is a gamble stock old crypto new crypto even fiat!!! so why not let ppl gamble in what they want. i am 100% sure safemooners shibarmy and doge believe in the coin and what it can become with a good community and a little hard work, just like you believed in eth. plus pretty sure most people own btc eth or ada maybe even all of them so instead of push communities away just because its not for you!!!
safemoon has a rocket in it. wow!
i'm gambling. what's the problem with that?
it’s all investing, don’t be salty. no asset has a 100% probability to succeed. what matters is the company’s plan and competent leadership to make it happen. i’ve seen “good” investments go to shit and once penny stocks like monster energy go on to be a massive business. i’m sure you’re an intelligent person but you sound dumb posting stuff like this.
people saying that they still consider big projects of crypto like gambling, they do not really believe the tech behind it or they do not understand it, some crytpo like eth have the same and better reasons than putting your money in a stock that can be easily manipulated, even more than crypto
when you dont take a learn before investing...this is clear gambling
nothing is gambling if you use market cipher. i dont know how trader can go on with out it.
...and when you say gambling, it does not mean blackjack, it means slot machines.
man, i love gambling!
the greatest trick the devil ever played was convincing people that investing is not gambling.
10 percent invest 90 percent gamble. what's wrong with that?
why not both? :)
yeah blackjack is investment, but poker is gambling. being less meme does not make it less gambling.
meanwhile when shib moons i'll be laughing with my millions of coins and you'll be holding all the fud !
while y’all waste time crying & insulting every other coin, i invested into all of them early.😂😂can give a fuck why someone calls gambling i literally 100x profits since jan
safemoon is a threat 🔥
u sound salty 🥷🏿
dogecoin is also investing 🙂🐕
safemoon calculations are correct and safe. safemoon !!
i'm sorry but any kind of asset that can loose or gain 20% in day can be partially considered as gambling. i do believe that btc and eth have long term value and usefulness but right now all 4 of these cryptos are used mostly for speculation from 99% of the users. edit my comment did not age well so by 20% i meant 50% apologies.
people used to say that about btc tho. safemoon making real moves, no need to hate we can all go up together🚀
eth and btc still the ultimate. others will thisappear one day.
all of it is gambling 🎰 if your not holding for a very long time. i respect ✊🏾 whatever someone gambles on doesn’t matter if it’s stocks, crypto, weddings, college, casinos, starting a business, realistate, esports betting, all the same to me bro! no risk no reward every man has a choice sometimes your wrong sometimes your right. let it ride and jump out when you hit your number i believe 🤴🏾🦾🚀
lol they’re all a gamble unless you legit use the coins to develop on yourself. let’s face it 99.9% of people have no idea about the depths of tech and just watch some gay nerd on youtube who hyped them up enough to buy
if you have the money and you want to invest in a meme coin just do it … throwing shade cause you’re not riding the wave makes you look corny
why not both. im deep in eth but i throw a couple hundred at dhitcoins for fun now and then
i think they are both gambling, but the odds look better for the top coins like btc and eth. it's like comparing aapl and amzn stocks vs. penny stocks and saying one of them is gambling. for all we know, appl can go down 20% tomorrow and penny stocks could be up 300% for a few days.
right. btc just proved to be stable...
they are start the same
it's all gambling in my eyes.
why not own all? you need to diversify. and safemoon and shiba and doge have been outperforming btc. i would put 5% portfolio into these gambling coins
all if it is risky
i think many of us need to step back and realize that all investors want to make money. i understand people also invest to support something, but you're kidding yourself if you think you do not want a return
if this isn’t the pot calling the kettle black. i hodl all four. you must remember where you came from
not sure if my financial allocations are gambling or investments, but i can recognize an elitist prick that looks to compensate for their insecurities.
eth and btc are still gambling. just less gambling than shitcoins. there are no blue chip cryptos. not yet.
this is all semantics: an investment is simply a calculated, well-researched gamble
🤣🤣🤣🤣🤣 all gambling! you don’t know shit!
the trend this bull run is gambling.
without a plan, none of it is investing.
no. it's all gambling. just because some coins are established, does not mean the bottom cannot fall out of it. this is still new territory for currencies and anything could happen.
i'm going to differ just a little it's all gambling all investing is gambling the ones in the left are more akin to playing say black jack with the house when the house has cards up better yet the ones in the left are betting red or black at the roulette wheel the ones in the right are picking numbers on the roulette wheel!
really do if you bought btc at 65 k, your an investor... got it.
i'm a chronic gambler that also has investments lol
more like one is savings the other is opertunity
everything involves risk, some people have higher appetite than others. as long as people understand their risk they should do what they want. but do not kid yourselves that you're low risk by investing in bitcoin and ethereum... there's a reason why you're getting these kinds of gains and that is because there is high underlying risk.
nice ! so i'm invesling 😂
investing? i’m just a sad man who uses markets as a coping mechanism. who said anything about investing?
what about mana... gambling or investing?
and know that you don’t have to choose. you can do both! just don’t risk it in gambling
i'm just broke 😭
the difference is simbainu r june 1st
i’m both. yolo 🤣
10 years ago bitcoin was a gamble too. just sayin
you forgot yeet and fuckelon token 🙄
why do people pretend that they care about your money. just say you want people to buy into your project because youre and ethereum hodl and it will benefit you . i never understood brand loyalty. i gamble into whatever makes me money. you like ethereum bravo. well, guess what, most people cannot afford ethereum. and no i'm not buying fractional shares to you money. i do not hear walmart bashing target or vice versa. poor people will always bash other poor for trying to make money in their own way. let people be for god's sake. i'm pretty sure that when ethereum was starting out and got called a scam you held trough the fud.
it is an investment but it is not safe from flopping. it's just going to flop for other reasons, none of which we can control or know.
it's speculating. but you're close
all cryptos are gambling at this point
all the new people, the real gambling were the pyramid scheme smart contract coins that were super popular(then often had pyramid in their name, people knew what they were putting theyre money into) and often posted on reddit. designed to get pumped, doomed to collapse like all pyramids but at least it was 100% transparent how was that legal ? honestly i dont recall, maybe it wasnt, i never put a single penny into any of them tho now i kinda wish i did gamble like edit: and yeah that was exactly just before the bear market came
gotta take some small risks in the portfolio...aka gambling
love how the 'traditional' crypto holders love to thiss the altcoins. bitcoin has had its time 😜
crypto is more centralized change my mind
it's all gambling sir
can we stop putting eth on the same side as . they dont belong together.
i just hope enough people realize sooner than later, its all manipulated...fuck off with your superiority complexes!! we’re all in the same boat, and it’s all gambling!! i swear they found a way to huff their ether...
i’m think you’re on a bit of a high horse. it’s all pretty much gambling my guy.
gambling is fun. also eth costs too much in fees to be usable in day to day life right now. really like the vision of it, but until that’s fixed i don’t see mass adoption. i’m sure people who know more can educate me about why i’m wrong.
nah there both gambling
both are still better odds than a casino lol
lol afraid to loose their spot . in 10 years i want to see this post again
when i bought the other two they said it was a gamble too.
i’m still shocked at how a shitcoin like inu can be added to so many mainstream exchanges so quick when doge can’t.
ethereum is gambling thisguised as an investment because too many gamblers have already bought into it and want the newbies to pump the price.
lol. it’s all gambling…
the premise of every crytocurrency as of now is based on the greater fools’s theory. everyone buys so that they can sell to highest bidder in the future. other so called gambling communities(doge) that you are referring to atleast doesn’t berate other communities. until any cryto sees mass adoption, every crypo would be a gamble only . please learn to respect other’s choices.
it's all gambling, some are just safer gambles.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [etc]("last usage")[coin] ethereum classic [eth]("last usage")[coin] ether [ico]("last usage")initial coin offering [sec]("last usage")(us) securities and exchange commission [xrp]("last usage")[coin] ripple ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(7 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 25 acronyms.) ^([thread for this sub, first seen 18th may 2021, 12:54]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
and once upon a time, investing in the former was also considered gambling.
wait so are you telling me that you cannot buy eth or btc at ath and suddenly lose half your money for maybe months to years?
what the hell else is there to do. i have never had so much enjoyment investing till dogecoin. it’s fun. holding 100k. elon is my hero.
just because of this post, im selling my eth and getting more shiba. bad taste guys.
everything is risk. if the ratio is right, it is a good investment. an investment in an early altcoin has a higher risk bit also a much higher reward than eth and bitcoin.
totally agree to this one!
every investment is a gamble lol
at this point. we call al crypto are very gambling... bye
so you're saying that if you bought btc like 10 years ago, it was gambling. at present you're now considered investor? what a joke!
right... if putting money in a decentralised crypto currency that drops or rises like crazy just because elon musk farts the wrong way is called investing i don do not want to be an investor
where can i get safemoon?
which column dogecoin falls under?
all crypto investments are a gamble right now... shit all investment involves risk... kinda like gambling🥸
and dogecoin are just chilling, happy with doing only good every day 💎🙌🏽🐕❤️✨
i'm an investor who gambles
i would put ada (not the thisabled association) in the investing column, i think it has a place in the future.
thanks for stereotyping me , now i know am a safe gambler, and what the hell, go to the moon with that
new coin called pitbull puc and its only hours old!! come gamble to the moon. here's the addy and buy on pancake swap!! they give part of the money to animal shelters. 💯💯💯
and i have no issues with that
i do both, just bonfire
when i think of gambling, i think of putting ’s a done deal, like i drop , i lose, and that . no way in hell i’m getting it back no matter how many times that roulette wheel hits black. with crypto, you can be at a loss and just do nothing and there is a possibility that your holdings will start to increase in value over time (might be a hell of a long time if at all, but the possibility is still there). so i don’t think of it as “gambling” per se, more like a “high risk” investment. eth and btc are no different. just ask anyone who bought right before that bum ass elon tweet.
ya it’s investing...so how much did btc and eth go down this past week alone?
bitcoin and eth where both gambles at one point too
replace bitcoin with cardano
wait till the devs of these projects rug pull and it drops 60-70% lol. so many people wi get burned but it’ll be a learning mistake.
current for the year: \- \+ \+,400 doge
i love all crypto , alt coins and stable coins and new coins , i love money lol
as a person who has been involved with crypto since before the first bitcoin-pizza purchase, if you think crypto is based on anything other than pure speculation, you're going to have a bad time. don't use money that you are not 100% comfortable with losing.
gambling? 😂😂😂 more like burning
lol r... it’s all gambling fellas.
this is like saying only buy walmart and costco cause any new small business will fail in the long run... you have an almost combined 20 years of growth and experience vs less than 4 months combined... you're missing the big picture here. your actually creating a crypto monopoly with this way of thinking. if we all followed this then it wouldn't take long for the original holding whales and those with billions of btc and eth to own the world. spread the wealth between the big coins and smaller tokens alike...each has its intended purpose and many are shit but many are not more importantly. regardless,, they all contribute to main goal, the future of currency. there are many worthy altcoins in the shadows of the titans...peace.
call me the great gambino 🚀
it just isn’t though, it’s all gambling when you are dealing with things that have no intrinsic value. it’s a fun idea but utterly useless.
no, both are still investment gambling, both have very uncertain outcomes and high risk. bitcoin percentage increases just last year is not a sign of stability but of volatility, it ability to drop significantly based on a single tweet does not indicate sound investment. eth may not be the dominant smart contract platform in the near future, there are currently other projects that have proven stronger utility and better usecases, they just lacked the early adoption. we will definitely see other smart platforms catch up over the years and potentially even surpass eth’s marketcap. safemoon and shibi exist exactly because of what a defi space achieves. the notoriety it receives in increased marketing attention from communities such as this comes from lack of understanding to how defi functions. it only serves to give it more buyers as it legitimates its popularity.
cool i’m playing both sides!
ethereum and bitcoin was just as much a gamble when they started.
🛑eth fees are too high. who agrees ?
they're all currencies, so they are all speculating, not investing.
life is a gamble!
gambling equate with investment= billionaires fortune
etherlite.org...what's the deal with this coin? pre-ico offering was .02 and it launched ibco on may 15. it's currently at .04 per coin. nobody seems to be talking about this. it's 1000x faster and 1000x cheaper, allegedly. why is there very little info? only yahoo has reported anything. anyone?
the more people who engage in it create value into this.
facts but can a lot hot gambling
ironic because not too long ago they were saying the same thing about eth and btc.
why is eth so worried to even say this?
why is it that i hear about these meme coins after they peak? the youtubers make how to buy videos and astronomical price predictions afterwards...🤦
seems like all coins are gambling at this point
i have a ton of friends that invested in safe moon
it is gambling but i’ve had a blast with it so far
you're kidding yourself if you think bitcoin is not gambling
didnt know a crypto currency whos working on a hard wallet and has projects in africa would be considered a shit coin...you can take safemoon out of that category now. it has utility.
i hold 3 of the 4, what does that make me?
this is kind of wrong you know, it is either all a gamble or nothing a gamble... of course safemoon has a way bigger chance of dying as bitcoin, but that is is only because bitcoin has already gone through what safemoon is going through now. in 2017 we had a lot of "big" coins that vanished today, and some that came out of nowhere and made a splash. no one knows what the future reserves for us, but safemoon has more then 1 million investors, calling it a gamble is offensive... the bigger the coin is, the smaller is its chance of return and it is risk. if you invest in a coin day 1 you might get rich in a matter of months or may lose it all... it's just different risk.
where does doge lie?
i’m an investor that loves to take a gambling risk sometimes 😉
i’m so retarded i don’t understand the difference
bitcoin and ethereum were both gambles until they became established. high risk...high reward.
im an investor and a gambler... keep your options open, go both ways 😂🚀🚀
so where does hoge fall on this scale?
both have no actual underlying value, are virtual assets, even now the price of the biggest crypto bitcoin's price totally depends on hype and fud. you gamble a risk of the market going in your favour in any investment. btc and eth were laughed at the start as well.
does this mean i know when to hold ‘em and when to fold ‘em?
what can i say? i like to live dangerously.
😂🤣 so what’s the difference? level of return?
i thought this was common knowledge lol
i love safe moon!!!!!!!!!!!!
it's all gambling. no matter where you put your money
you guys think this btc dip is a good place to buy?
i made ,000 off of safemoon because i saw the hype building and i yeeted in an amount i was willing to lose (). then i got the heck out of there. that thing was fluctuating by 20-30% per day for a while. that’s a good sign it’s a junk coin. i took advantage of stupid hype though. why not?
what do you guys think of xrp? what what i’ve read it seems like a decent investment with the good news coming out from the sec case.
oh yeah because we all knew 100% that bitcoin was gonna be big
is it ok to put a little amount in akita inu??
they're the same shit. both are gambling.
just remember that got know when to hold em, know when fold em, know when to walk away, know when to run
the stock market looks down on cypto and calls it gambling! let’s not do the same to our own! some investments are just more high risk 😉
i have no problem with eth, but have many problems with these kind of posts. i have followed many crypto topics and this topic is the only one that keeps bashing on other cryptos... why is that?? get us updated with eth news, not these kind of s* guys!
elon musk got people pissing in their pants couldn’t be me.
there's a difference? well fuck me like a silly wabbit.
all investments are a gamble. hence why you need to do your due diligence and determine if that gamble is worth betting on. low or high risk, it’s still a gamble 100% of the time.
safe moon to the moon safely !!! where all my holders at
don't be salty cause you did not get in safemoon as early as me. it's ok 🤣
so basically i gambled 200 and now it’s at 40k 🤷🏽‍♂️ i would’ve had 400 in ethereum or 200 and something in bitcoin. y’all invest in coins that are alr expensive 🤦🏽‍♂️🤦🏽‍♂️
but it has safe and moon in the title.
ima do a healthy ammount of both
i mean gambling vs investing is entirely dependent upon the intent of the person throwing their money at a given opportunity...i’m investing in safemoon lol
alright! i’m an investor who has *”unhealthy”* habits 😎🤣🤣
we don’t talk about doge coin
and all of it is a waste of electricity through mining
there’s a akita-breed futures market?
well, i am very happy to be a investor that gambles rfuel. thanks for the honour.
the amount of impatience i've been seeing lately... market rise over time. if you bought in 2016 and did nothing, you'd probably have more than if you traded by watching the 5m. just buy when you have the cash, and wait. this shit is sticking around. just put the money in and stop watching it. you do not stare at amazon's performance in the market all day. don't do the same with your digital assets - it will drive you crazy and you'll make poor trade decisions. treat your investments like a crock pot, not reheating something on the stove.
this is terribly superficial - it is all gambling, and it is all investing.
i buy coke and whores
i'm not in any meme tokens nor do i plan on putting my money in any, but this exactly what traditional investors would say about crypto in general. even though i do not understand the appeal and a lot of these look like ponzis to me personally( again what traditional investors whave said about crypto in general), i also know that just because i do not get it and wouldn't touch it does not mean there is value there. meme tokens are obviously riskier, but i am sure many people who put money into it do enough research to mitigate some risk, like what we all do with our investments.
they are all worthless garbage currencies. just because you like one doesn’t mean it’s an “investment”
yup... i’m investing and gambling and my gambling has paid off big time so stop hating on us that took the gamble an came out with huge huge huge short term profits -an investor who became a partial gambler 🤷🏼‍♂️
a couple other coins i’d put in the investment slot - spot on otherwise
put in 70, got a few millions coins, my real money is actual coins that such as eth, btc, vechain, ada and some others that have real uses
more like collectors item with a large market enough market to be able to pay for goods. kind of like if i could use beanie babys to pay for an xbox.
safemoon is great though ... still 75% of my portfolio is eth 🚀 check out gmr finance also for a token which has a use case (if interested )
they are both gambling. but one is betting on red while the other is betting on 3² 1, 3 times in a row.
in year 2013, investing in eth-btc was also called gambling! everything starts from scratch. know the difference 🚀
doge! to the moon! 🐶
why is the sub shitting on other types of crypto?
has eth or btc listed a country? has.
i mean, tbh all investing is gambling, including stocks, eth and btc. the only thing that differs is the level of risk
they are both the same
investing my gambling profits is the wei
what do you call who gamble on bitcoin and ethereum?
life is a gamble suka
imagine having such a god complex over an e coin lol. each one of those can tank, calm down.
fyi...life is a gamble !!! every turn we take
but it’s funnnnn 😂
hell yea it is
its just short term investments versus long term investments.
i would thisagree. safemoon has actually made moves to bring a legitimate service
much wow, you so high class!!!
where is the best place to buy akita inu?
gambling? isn’t that what they said about bitcoin and ethereum a few years ago?
what about algo ada ??
long term vs short term
guess i'm a gambler then. a gambler who's portfolio is in the green today. have fun catching knives... 🤣
akita inu it's a very good option, go!
i like to gamble too!
so full of your smug self aren’t you? only you have all the answers. lol & eye roll cuck.
akita is gonna blow up though mark my words
they're both gambing. one is a roulette and the other is a lottery ticket.
it is all gambling
isn't all crypto a gamble when its only 70 days old?
eth afraid of safemoon 😂😂 lol
it’s all gambling if anything on paper the fundamentals of safemoon and the team and the tokenomics of safemoon is more of an investment than bitcoin is. personal opinion
they are the same picture.
so i've been investing this whole time? hodl eth!! 🚀🚀
know difference here ;) one simply has better odds than the other…and both are gambling!
you gamble to invest 😂😂
no offence but everyone said the same thing about bitcoin and ethereum a few years ago. instead to try to defame other cryptos we could support each other, there are space if growth for everyone
it’s called diversifying your portfolio
looks like i’m invested in gambling
what about ripple xrp??
and they said doge was gambling… lol best investment yet
i’m a gambler gambling my investments on a huge gamble
looking for help on eth from someone who really gets it. is eth (simple trading through coinbase for example) technically a coin or a token? and why? research has been spinning me in circles.
add amc as gambling also
i'm a hodler !
can’t have salt without the sodium
now you tell me. i only bought eth cause the logo was black and i wasn’t in the mood for red...
i'm an investlinger or a gamvestor... either way i'm amateur 😅
cool i’ve lost all my money
only high leverage above 4x is gambling imo
eth is making me feel like a loser but i known i simply must hold
at one time bitcoin was a gamble.
i dont have a problem with gambling.
i'm both, i made over 50k on safemoon but also transferring and buying eth with that, safemoon helped me buy eth as a student who's income is very limited. i only put in what i could afford to lose. luckily it worked and now just bagging eth and starting to earn interest on that!
ironic, given that eth has dropped 15% today.
what the fuck is the internet?
i'd rather gamble on cryto than a drugged up racehorse 🐎
\*insert they are both the same image.
with today’s crash it feels like we are all gambling!
if crypto is gambling...when you choose lottery and crypto, what will you choose? now, do you think bitcoin 12 years ago, when you first encounter bitcoin i am pretty sure...you said that bitcoin is gambling...thats true, even when you start up business, you take a risk, and its gambling, you dont know if this will succeed, respect the start up this sefemoon and shiba...is just the same when bitcoin starting 12 years ago...
*wolfram coin* the new crypto is here! launching soon... follow us to stay updated...
problem is that etherum and bitcoin are both at a value where i don’t see them in a long run. both are currency’s and are backed by technology. so this are some reason why i expect both to drop at some point and to show their real value: 1) a currency where you use 0.1 of it to buy a used vw golf just feels psychological wrong if you would need 4300 of its pair currency to buy the same car. 2) the backed technology behind both is not the value of the coin. both coins are too high in value to be backed by their technology. if you would buy a tsla stock for 40.000 euro and there would be 774.27m floating stocks, the represented value would be exorbitant high compared to the real value of the stock. 3) the price only gets high because people think they can get rich with it. it would be the same if people think they could be rich with sand and everybody starts to buy sand. some people will be rich, but as soon as people start to sell their sand because prices will drop, there either will be a dip or sand will just drop back to its old price.
no... it's all gambling.
it always amazes me that there are so many people pumping all of these alt coins on an eth dedicated sub.
i just hope that when the sh**coins crash their value goes into btc & eth. not bring the entire crypto market down.
you don’t know anything about safemoon, so your opinion means nothing
im a investor who becames gambler :/
it's your money , you can invest it as you please.
i’m a gimp who gimps
better than the other way around!
i see these coins as lottery tickets. i invest a very small amount, if it does well, great, if it does not, i do not loose my sleep. although i might be encouraging a scammer, but atleast they are not trying to scam me by promising a revolutionary product with a fancy whitepaper. edit: i'm referring to the meme coins.
just don’t count your eth with your nfts on the table.
i’m just a chronic poly addict... anything that gives my brain dopamine... gimme gimme gimme, who cares all my money is gone at the casino l, haha i do aghaaahhaha
80% long term hold, 20% yolo and hope it goes full lambo.
somebody likes gambling, i gamble too but in limit.
im gambitt... hey i like this name 🃏 😃
elon is buying up all the shit coin, doge. there's a video about it. it also explains how he fcked himself cause doge cannot work tech wise. also the sec is going to come down on him for manipulating markets. lol. his highness fcked himself... expect a big drop in tesla prices too.
people making boat loads of money does also mean people lose boat loads aka life ruining amounts of money, and usually it aint the smart ones paying the bill. so i think it might be important if there is atleast some kind of substance behind a coin.
that's important too. if we're talking about lower or middle class people making crazy gains, then we should be happy for them in solidarity. however, let us not mistake it for proper investing and dyor at the end of the day.
same, i do not care what people do assuming they know what they are doing. if they know they are gambling, then go for it. i'll be over here playing the long game.
to be fair, the majority who arent hawk eyeing the data will miss the peak, panic sell on a drop, pay fees and create a tax event and end up with 20-30% net profit at best on the wildest of rides. the lower market cap, the quicker your bots need to be. doge is stable in comparison with its popularity. even worse if they are on a high fee exchange and get hit with price impact and network volume.
what are your intelligent investments so far?
look at it like people winning money betting on roulette or bum fights. yes they might be on a hot streak, but we all know how gambling usually ends.
exactly. are your "investments" really intelligent if they are doing jack and "shitcoins" are profiting? crypto is crypto. there is a gamble in every bit of it no matter how much people upturn their noses. nobody should get it twisted. anytime i see a "shitcoin" profiting i see too many salty posts like the op.
lol i lost so much money on btc and etc (yeah not eth but still). my poorfolio is only being kept positive from my dogecoins, i'm just following my gut now. even with stocks, more risky albeit more calculated investments seem to be the most profitable. people like to throw money at "safe" investments and get upset when they go down. personally, i think entering a new investment with the expectation of losing money has yielded some surprising results.
ain’t even gonna lie i wish they’d invite me in their next stupid venture. i’m ready to gamble
yes, all cryptocurrencies are risky because of volatility and all that stuff. and we know we can trust some and others are just pure scam, joke, pumb and dump. like you said, some are safer than others. i think that is what this post is trying to tell. i do not agree with your last sentiment. the probability of eth or btc dropping back to 0 is very very low. they can both crash massively and people would panic and begin to sell off, but it will still bounce back. some cryptocurrencies like ethereum are more than just monetary value. people actually use ethereum for a whole lot of things.
you've got new coins coming up these days like . what are people even thinking?
strongly thisagree. investing is to look at thing, understand it and come to the conclusion that the current price does not represent the value. and there are plenty of ways to evaluate what ethereum could be worth that are no just hopium. plenty of on-chain metrics that are public, milestones for upgrades where anyone can evaluate the technical risk, because all the code and communication is 100% open. on the other hand, hoping that price go up because other will buy it is gambling while having no clue why is gambling. pretty simple.
riskiness and gambling are different. you can have low risk & low reward gambles (“i bet this 100 sided die will land <95”) you can have high risk & high reward investments (start-ups, cryptocurrencies with legit projects etc)
gambling becomes investment when you add a mixture of research and time into it
eth and btc have solid use cases. we could say that they could get replaced tomorrow but then apple iphones could get replaced tomorrow. generally they have an ecosystem around them and a genuine demand for their products. the likes of these meme coins are just a gamble as the only people ever buying them are those gambling that someone else buys it for more.
literally every investment is gambling. this meme is stupid.
i own btc because i use it every month to transfer money to another country, the price going up or down barely affects how and why i use crypto. it is because of thoughts like yours that crypto is still massively undervalued, people who have not figured their use cases still only see them as a speculative investment, or as you say gambling. meanwhile, cryptos are solving a lot of problems for some of us.
true, crypto volatility is a fact. however, you need rocket fuel to go to the moon, not something less explosive...
its not gambling if it provides a use case. please use the term gambling properly. if it has a use case (eth offers apy, nfts) then its not gaming its a simple as that.
> have a risk that it drops back to 0 false as hell, not a single crpytocurrency has ever gone to totally zero, unlike stocks that can go to zero when the company goes bankrupt. a currency even at 0,000000001 cents however has a value. the only possible way to be liquidated with crypto is using leverage. investing in eth or btc is waay more secure than investing in tesla, then if it will be more profitable is totally another question.
yer i think buying eth when it was 2 months old was also a bit of a gamble
no. putting money into a technology with growing millions of users is not gambling.
so for you when you invest with a friend in a startup then does not work and loose you money, you call this gamling? if you do not see the value of crypto you have to go back and open the books.
it’s not possible for bitcoin to drop to 0 lol you think everyone is gonna sell every fraction of a coin ever?
there is a chance your dollar goes to zimbabwe too
what does polygon run on
over many years, i bet those numbers would look much different. they certainly do for me.
blindly supporting everyone and saying "yes" to everything seems a tad dangerous >i put my whole life savings in doge! >we support you! the community can be both supportive and helpful
there’s nothing inherently wrong with gambling as long as you know the difference and are responsible about it. gambling is fun, and you get the sense of “i won this money.” just budget a small moonshot amount you’re comfortable with losing
thank you this is such an open minded comment❤️ i own eth and safemoon and i like them both but safemoon gets bashed way too hard for no reason :(
we “doing this” everyday unfortunately. people just really hate that fuckin dog lol
short term? sure. long term? no. edit: lol, so many downvotes. have we arrived to the point where common sentiment of r’t have potential real value to be realized in the future? that it is more speculation than investing? rip “in it for the tech”
only if you do not understand crypto use cases. if you never have to transfer money to another country then you probably will never think how you could have used crypto for that purpose. because you only see crypto as a speculative investment is that crypto is still massively undervalued. blockchain solves problems for a lot of people, for whom it makes little difference if the prices go up or down.
still is tbh. you're gambling that someone will pay more for it in the future. *but so are stocks* ... well, no. shares in a revenue generating company that returns earnings to investors have tangible value. you can make a pretty strong argument for ethereum's value generation, but i'd equate the current eth ecosystem to a pre-revenue startup. lots of upside potential, but still lots of questions into long-term value. bitcoin is pure gambling. there is no value except for the greater fool making you rich.
*at the very most
so if i research two football teams, the trends, the players, etc and decide to put money down that one will win, it’s “investing”? got it.
easy to make money in a bull market... >i invested into all of them > i literally 100x profits you literally could not have done this, most coins are scams. we'll also ignore that is a barely legible sentence. i'd bet one eth you're the kind of person who calls a change in value profit. you think doge can go to ...yeah you're gambling, cannot wait to see how you do in a bear market.
it’s pathetic really, they investing to make money but refuse to invest in coins that will literally make you 100x in a week“shitcoins”. i have been in crypto since 2013 and the current batch of crypto “investors” are the worse it’s ever been.
yes, but month ago was not :)
holding a token where 50% of the total supply is held by the dev team is never “safe”. it’s a ponzi scheme
at which hour i hath bought the other two they hath said t wast a gamble too *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
fyi, i hope you saved some of that . they’re gonna come knocking at tax time as swapping currencies dependent on country is seen as a tax event
cool i’m a gambvestor
i’m a gambler who became an investment to gamble.
a gambler who become a gladiator...
that’s it folks, world peace incoming.
a spmig who pmig?
lottery tickets? you see "smart contract platform" and "decentralised applications" and think lottery ticket?
it is always important to think ahead, if i gamble i do it with money i can afford to lose
rule number of investing in crypto has and always will be to not invest what you cannot afford to lose. meme coin or not. if someone invested boat loads and had their life's ruined it is nobody's fault than their own, and they kind of deserve it for putting themselves in such a stupid situation. i invest in real and meme coins, the meme ones are fun but i've never put money in that i wouldn't be happy losing.
not always. when dogecoin goes from 0.0001 to 0.01 there is still value created, just like any project. what's harder to interpret is of course when the value is removed in a price drop - does this happen more during meme projects? so far, it does not really seem that way.
tbf it is the person's fault for investing life ruining amounts of money. not the person profiting. let's also not act like that is not the case with all crypto and stock.
same goes for all coins. we are all competing against each other and big money is controlling all of it.
yeah? what does "substance" mean to you?
this isnt always the case. you need the right frame of mind more than you need intelligence. the worst investor i know is an engineer at boeing. he puts stop losses right below his buy prices so almost everything he buys loses him 2%. he gets fomo when his investments rise and buys the top. its really hard to watch
yea... generally it is not the low... it's the kids of rich folk who do not care if they lose 10k.
it feels to me like these lower middle class people are making the right choice for their situation. their chances of making it out of living paycheck to paycheck are slim to none with traditional avenues. if they even have a .01% chance to make it with a few hundred bucks on elondogesafemoon, money that wouldnt change their sitiation anyways, that seems like the smart play to me
to be fair, there are some cryptos that make the transition. ada cardano, dogecoin, heck, eth was once an altcoin. but for every doge, there are 50 altcoins that are nothings like shiba inu coin etc. the question everyone needs to ask is "who owns this coin, what's it is purpose, and how stable is it? for all it is craziness, doge has been remarkably stable and has kept a high adoption rate even during it is down turns lately. how people thought shiba inu coin was a smart play i'll never understand.
super bullish on floppy thisks and aol
for every shitcoin that pops there’s 100 others that eat... shit. picking the one that’s going to pop is pure gambling and luck.
r that’s all i’ll say
get rich quick, greed.
his do you strongly thisagree with a fact? eth and btc could crash just as much as the shitcoins. people still buy btc and eth based on the hope the price goes up and little else.
this. i'm shocked that so many skidds (ribbinhooders) do not understand this point.
can you breathe it? can you eat it? can you live on it? what "value" does it have?
yeah, the arguments about investing vs gambling are very nuanced. all investing is gambling, but not all gambling is investing.
it’s still speculation and not investing. buying gold is the same.
who are you to judge. in todays world, public sentiment means alot. just because you arent able to use it as an investing metric, doesnt mean someone else isnt. were buying tulips a smart play in 1636, the guy buying the futures in febuary probably thought so. but i doubt the fomo laborer who bought physical flowers in august did. but there are millions of levels and reasons inbetween. maybe someone bought them to be a dealer and got stuck with a bag. ' do you think cards are gambling? i dont. however i do consider lottery tickets, roulette, and slot machines to be handing your fate to the gods so to speak. poker or blackjack arent really gambling if you know what youre doing. same with sports betting. is the fan who always bets his team a gambler? how about the guy playing odds or the guy who thinks he has insider info. thats the beauty of markets my friend
it's all a gamble. the difference between them is the degree of risk and reward.
yeah, i think the thistinction is this: anytime you put your money into something uncertain, it can be seen as a gamble. but that does not necessarily make it gambling.
all cryptocurrency are a big gamble. period. i saw a program on cryptocurrency and it could crash to nothing while you're asleep. 😉
i’ll take comments that make people think crypto is full of morons for 1000 alex…
absolutely ridiculous statement, you are literally brainwashed if you legitimately think that
comments like this drive down prices and reduce the legitimacy of the entire crypto environment
sorry, just saw this. it’s an ethereum token, with a scaling twist.
i’m not saying we become yes men, but i agree with you.
i wish you success even if i do not get it myself, we’re all investing in our future short term or long term. those who ignore crypto are the ones missing out.
tribalism isn’t good for anyone.
i'd be willing to get that 90% of crypto "investors" do not actually know how crypto works, they just see gains and go in.
if thats the case safemoon would be considered to have a tangible value with its tokenomics and reflections therefore making it a safer investment than bitcoin.
each batch of investors will be worse than the last. that's what it means for crypto to expand its reach. they will get more plentiful, but less knowledgeable.
what can make me 100x in a week
they do have a 4 year liquidity lock so that makes it buyers feel better and i guarantee a lot of money will be made before that time is up
lol they dont even hold 50% of the total supply... you probably refer to the burn wallet. and every crypto rely on new people buying in at a higher price than you did so the price can go up... so basically all cryptos are a ponzi scheme. i understand when something new comes in to play with mad support en community drive it scares you a little bit. whatever the problem may be, educate yourself first in what safemoon actually is what they stand for before spreading fud. no need to hate.
lmaoooo you’re a fucking idiot. the 50% is the burn wallet
jesus you know nothing and talk... you should do your research before casting spells. guess you're the intelligent one on your family 🤷
you do not know what ponzi scheme is.
already left, trading eth isn’t even smart. holding it is or else your ganna cry when eth 2.0 is out when you sold at 3k. r
it yet but if doge hits i am.
let come together to stop the haters.
i was referring to the safemoon kind.
although to be fair, losing money you "can afford to lose" means that you are not going to go hungry or miss rent... but it is also no fun to watch your money thisappear lol
so is choosing ethereum over one of them though 🤷‍♀️ or btc. it shows by recent news.
you can’t even buy the coins from this meme on rh so what are you talking about?!
at what point does it become investing? the stock market could theoretically crash forever too
it’s all gambling. by definition, it’s all gambling you goonies!!! edit- anything that is not guaranteed is gambling.
imagine getting a dressing down by someone called l_drink_diarrhea!
do you think that ethereum could one day have no market or buyers?
>i’ve definitely got coins from 2017 that have no market or buyers anymore. at this moment in time those coins are worth 0 been unable to sell them does not mean their value are zero, i get what you mean, in a pragmatic perspective they are worth 0 for us but, like marks during weimar's republic in germany, that does not mean they does not have any type of value.
thanks brother i wish you the same!💪🏽🚀
people really hate that fucking dog
depends on what level of knowledge you thing qualifies as "understand".
i bought safemoon. sold safemoon early but i would have had close to a million if i had not. i put 2bnb in gmr a week+ ago and i wasnt even on the presale and i'm sitting on (was 20k last week). all these "crypto investors" are sleeping on shit-coins.
thank you!!! dont worry haters ganna hate just like they did to btc! we spread love not hate❤️🚀🚀
oh so the devs are not holding any safemoon at all? get the fuck outta here delusional idiot
safemoon is designed to penalise sellers and encouraging holding,that is literally it, all so the "devs" can cash out.
prove me wrong then. go ahead.
decided to pull out of the alt coins after 35%+ returns and “invest” in bitcoin on the afternoon of may 12 because it’s “safer” ... this meme sucks
and a scam is a scam 😜
but those are literal shitcoins, they do not really mask their purpose.
no fun to watch your money thisappear!? i thisagree i'm having so much fun watching my portfolio drop 20% in one night. so much fun! i buy moree dip
and to be fair of you cannot stomach losing money well you probably should not be risking it to begin with. be it a solid investment a shitcoin a stock whatever if your willing to invest it you should always be willing to lose it.
right, my point was simply that yes, it’s all a gamble.
when the asset you invest in produces cash flows. as long as a company produces cash flows and is profitable, someone will always be willing to buy it.
life is all about gambling and taking risks.
sort of. for me its: investing, speculating, gambling. three different things of varying degrees. "investing" is to me something like boring but consistent results, but where you do enough research and. aka i could invest in a real estate flip, i know a house costs x, i expect it will cost y to fix and sell for z. "y and z" are based on my research and 'expertise' and sometimes i am wrong (and sometimes i am wrong in a good way since i try to be conservative). speculating, is when you do not or cant know enough about something, but expect high enough rewards to take the risk. in real estate this would be buying something in a different market sigh unseen or something. in crpyto this is yoloing on a token that you heard good things about "all over the place" but do not really understand it very well. (some would put all cyrpto and a lot of stock investing in this bucket) ' gambling is just the extreme of the three. you may not know enough, or there might just not be enough info anyways. and though the odds are not in your favor the risk is either low enough not to care (aka only throwing a little money in) or the reward is so huge that you take the risk anyways. ' nothing wrong with gamling or speculative investments, you just need to know what you can risk. you also need to know that winning a few big gambles does not make you an expert or some genius (bitcoin twitter anyone?) it just means that your gamble paid off, the next one may not. ' personally i like to have pools of money that i make work for me. some is traditional, some is in things that i should get a pretty typical return (rentals) and others i expect to keep putting in to protect from future inflation (eth) and then i have a small bucket of 'fuck it' money where i just yolo into things...(like the nft racehorse i just bought) if someone wants to hop into some shitcoin and hope to make $$. the only time i hate on them is if they are shady assholes stealing money from people. i have less of an issue with "safemoon!!!" than i do with the rugpulls that pretend to be a 'real' coin. if i have no problem with someone going to a casino, why would i care if someone puts in ?
things have value because people value them. cryptocurrency has no inherent value; it has value because people will buy them. the market decides the price, not one guy with high hopes. for the op who has coins from a dead project with no market, they are worthless by definition.
did i say they’re not? no take your strawman and shove it up your ass. my point is the 50% you’re referring to is the burn wallet
and im really curoius where does this source come from
lol i dont really need to. there's plenty of info on the internet alone, why should i do the job for you. im just enjoying people spitting "facts" based on whoever said the same thing before you.
i need more!!! lol. maybe a couple a bucks per coin.
now do not forget to sell your underperforming btc
i do not think that is a fair statement. one can invest in solid projects and still feel worried about a 20-30% dip. sounds like you are gatekeeping a little bit, tbh.
that was my initial point too tbh. we agree on that lol. which is all fine and good as long as people are cautious with how much they put into it of they cannot take the possibility of loss
that’s a poor line to draw. so purchasing land can only be an investment if you rent it?
100% my friend, it sure is. just because your view of some thing is less risky, doesn’t make it so, nor does it make it better or worse than anybody else his choice. i play weekly options lol
>why and how would anyone buy a coin where the devs have all quit, there’s no community, there aren’t any exchanges or pairs, nobody remembers the project? that's a different question, i explicitly wrote that in the first comment >either way, it’s a completely pedantic argument because for most people a 99% drop will be equivalent to making their investment worthless and in most cases impossible to return from if you find me pedant that is a your problem, what shouls a person do? make vagues comments and without arguments just to please you? and another time things that are equivalent does not mean that those things are the same thing
wat? do you think the devs are going to write a whitepaper detailing that? you cannot do any kind of transaction without losing 10% of what you are transacting with, good luck getting any kind of use case where this is a good idea. you cannot talk about it in any negative way on their sub as they just flat out censor you, because suppression of critics is obviously a tactic legit devs use.
that’s gotta be the laziest excuse i’ve ever seen lmao. you really have nothing else to say? also it’s not my job to research it because you made a claim and it’s your job to elaborate on it. not mine
no you need a time machine to go back to jan-feb so you can buy
all in all came out even and a huge waste of time learning how to trade. i’m holding eth in a personal wallet and sleeping better
sold it all at 51k
how am i gatekeeping we all fear a 20-30% dip but the number 1 rule of investing across the board is simply do not invest money that you can 100% not afford to lose, no one likes losing money but if your going to invest it is an inherent risk. i have long term "safe" growth investments with money i would hate to lose but know however unlikely it could potentially go to 0 i also have extremely high risk investments with money that i am absolutely prepared to lose because i know there is a good chance it will crash, but as has been said this is gambling in a sense and i am 100% prepared to lose it for the chance of making a quick return.
yes or it’s land value speculation. it might go up, it might go down.
totally agree. you said it all!!
nah he was right, pedantic is the perfect word to describe you
lol i do not mean that, i mean who told you that is a scam and how did he prove it. if it is just speculation you have a long way to go
oh sorry karen, the only thing im telling you is to do your research, for sure i wont be the one to convince you, time will.
time machines are on back order, have any hook ups???
you did not sell the btc did you??
and i never said i am not pedant, am i sure that you find me pendantic but, how i already said, your feelings are not a my problem
i am capable of making my own reasoned decisions, i do not blindly follow other people's. that's a pretty poor argument as it works both ways... any coin that is designed to try and make people just hold is pointless, what is the end goal here a bunch of people sat there holding coins they do not want to use because they lose a chunk of it?
did some of my own research. it's definitely a shitcoin scam. run away bro. you are getting hustled by a scam artist from india.
aw fuck now we need a time machine to sell last week
bought huge chunk at 53k, bought again at a 49k dip and sold at 51k. i switched to eth, bought in at 3600
ok so you do know they have a certic, partnership with simplex, they are making deals with gambia as an alternative to their currency, making their wallet, exchange and own card. jesus they are 2 months old just give them time and then we'll thiscuss again, by the way you did a poor research if you did not mention all of this
they are making lots of moves for the future such as its own wallet, its own exchange and operation pheonix that the devs are working on. do some unbiased research and try not to fall for the confirmation bias!
no, no. let him. it's natural selection at its finest.
it’s so funny he’s defending it like it’s his baby, you really can’t fix stupid
dont fall for the confirmation bias when researching maybe! watch a video about the pros and cons instead of clicking a hate video that would prob help! we got nothing but love in the safemoon community. you can hate until you decide to join em just like they did to all the others💪🏽❤️🚀
nice. scared me for a sec lol
wish i had that kinda liquid to throw at gme going up
how you doing today?
sticking fancy names on your website does not mean anything, i was here in 2017 when every new coin had "partnerships" with google, microsoft etc until there is tangible proof that said partners are actually using it i will be keeping a large pile of salt on hand. so far the way it is looking is "african country partnership" is the buzzword lately. sure african countries are gonna want to utilise a token that taxes you 10% every time you transact with it xd all you did was throw out some names, that is not research that is buzz word dropping, seen it all before. i've told you my opinions based on my reasoning.
pulled out thank god. holding a lil eth
[ ' do i need to press f?
good for you. i was tempted to sell a bit yesterday but did not. now it is down so much it is not worth selling.
it's an crypto card listing... big whoop. in fact that just seems even more stupid, like i said before, why tf would you wanna pay with something that taxes you 10%? i'd rather just pay in fiat at that point. also crypto payments are hardly a ground breaking advancement, you can do that with pretty much any coin.
whatever at this point, im giving you proof that it is not a shitcoin as it is commonly believed. sure it needs some work to be done but for a 2 month i think they have a good pace
don’t even argue with this braindead mofo. you won and he is still rambling like a loser. as he said, only time will tell and people like you and i will double our money while people like him will be losing them all
safemoon is for people who try to organize skittles alphabetically
i do not mind a debate with people if they have differing opinions but this was just a poor argument on their end.
i'll put it straight, if you wanna debate your welcome, if you wanna act bossy go f urself
this is pretty accurate on almost any subject matter but particularly crypto
i tried to send her doge instead, but the big breasted woman didn’t want it for some reason
what if she promises to give me 2 eth if i give her 1 eth?
but she is so nice and offering me 2 btc for 1 btc
bikini girls will definitely dm me once the nigerian prince doubles my money in two weeks. he's on a holiday but when he returns with my money, i will get all the hot girls.
dave is a bitch
never reply to dm and always block anyone that tries to contact you. it's simple
**but she's in my area**
because of those hot girls i'm ignoring all my message requests and that automatically causes to ignore the people who really wanna have a conversation with me too. fuck you hot girls.
i had one of those recently tell me she and her friends could manipulate the market thus i needed go sign up on some site... nice try, sec...nice try
i got a dm from "perfect elena"
lol. that's true. decline message.
this analysis is spot on
just when i thought all these girls where digging my reddit posts 😭.
girl in hot bikini or hot girl in bikini? lol
i just ignore all crypto messages.
also if a billionaire seems to ask you 1 eth and says he will give you 2 eth back, ignore him too
especially if their name is harjeet preet or singh
or engage with them knowing they are a scammer and get a laugh out of it
ha ha made me lol
haha… “him” pretending to be a girl
hahaha man have i had this happen! 😂
send nudes as nfts when?
gonna have to share this one around the horn. solid.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [sec]("last usage")(us) securities and exchange commission ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 3 acronyms.) ^([thread for this sub, first seen 26th jun 2021, 21:22]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
damn, so those girls don’t fancy me? i thought it was far to send some crypto for the flight to come to visit me but unfortunately due to covid she was not able to come yet
lol like fr who fell for that?!
if someone with metamask profile picture dms you, ignore them too!
oh okay but what's wrong with that? don't tell me you fall for the prank. hahahahah
but i’m entitled to a free btc giveaway , you probably just not as lucky as me…
but she offered an all night mustache ride on the baloney express
hey this is sexist against female scammers
if you see james altucher's crooked glasses, it is time to empty our everything.
if they dm you offering to fix your issues with non custodial wallets , say no that scammer. lol
what if they are telling me to obtain more eth?
true, this is a very important life lesson! second tip: don't post your portfolio in public and you will have less dms from "girls" in hot bikinis!
if anybode dms you about crypto it almost always better to ignore. only scammers dmed me about crypto for all my life
anyone have a thought about polygon matic?
looks like he got burned.
i just send back a link to 2 dudes taking turns fucking each other in the ass. no joke. they fucking don’t bother you after that. you know they’re gay too because if they didn’t watch any of it they would still be trying to scam you.
i'm just out here tryin to make friends man
what if she is a nigerian prince?
add cryptotipoff plz im trying to grow a trade com
she has the biggest dick i’ve ever seen on a lady
more like ignore it
what about the nigerian princes ?
there really is a ton of scammers using female personas to manipulate people out of their crypto. most of these "pro-trader" scams on twitter and reddit seem to be portraying themselves as women.
you've got to lead them on for a bit, too. play their game, play dumb and waste their time so there is one less person being scammed.
internet rules: #?? there are no women on the internet. p.s.: before the internet police arrived, it is a machinist joke, yes.
too specific to be a random conversation.
yeahh haha. i second that! we've seen this time and again in multiple different industries too
she probably wanted your cumrocket
it's because she already has 2 puppies.
send her your seed phrase instead... she’ll respond in a heartbeat😂
and there is no reply.
tell her you’re already rich and want to contribute 2 eth to her charity. she just has to send you one eth to prove she’s serious.
well that sounds like a deal lmao 🤣
ask her to give you first 2 eth
and you have to send the money first?
i had that one too. lol
she might actually be perfect. my ex wife is an elena and she’s fucked up enough to cover all the other elena’s.
we are apes 🦍 together apes 🦍 strong but we are not the smartest apes 🦍
nooo why wouldn’t i want 2 eth???? lmao 🤣
whoosh (does hand motion over head)
just reverse it and try to sell them a honda civic
i had fun with the only bikini babe that approached me. even cracked wrench attacks jokes so she (he) could realize that they got the wrong person, but even so they had the nerve to propose me the "best investment ever..." blocked and reported those morons 🥱
hello there! i am a professional crypto trader with a 20 year experience. you wanna get rich? click this link (*puts his affiliate link*) and start daytrading on forex.
\*shake shake shake\* i can give you c\*\* but not sure about the rocket
wanted to trade me 4 eth for 1 bitcoin, sounded good so i did it. later that day i had 0. wellpppp lol 😂 no jk
georges are not apes.
how would they not know how???
"girl. why you username is a male name?"
roy, i’m officially leaving your wife alone. she pregnant now with my baby but she’s going to pass it off like yours. sorry i stretched her out so much. she will get tighter now i’m not beating it like a sacred african drum. i can’t believe you ate her out after i shot 4 loads in her last week. you told her how good she tasted (your welcome). man there are surgeries to help you with your micro penis. invest in a penis enlargement not crypto or you will lose on both. just trying to help your impotent and tiny penis out. your welcome for the advice. roy’s new link: cryptoisdeadandihaveamicropenis
20 years of experience…? hmmm he kinda sus. vote him! hes the imposter.
ooooo oooooo aahhhh ahhhh 🦍 ape strong
anytime someone says they can get you rich. they deserve it. some desperate ass clown might believe it.
[tip this post any amount of ]( (by [5:01pm utc]( to keep it visible.
nah, there'll be a big green candle the moment before your deposit goes through on coinbase. then of course a subsequent dump after you buy, as is tradition.
the government will not like that they waste ink printing my dollars so i can immediately convert them into vitalik bucks.
that dip to 1700s two weeks ago was a good dip i wish had money to buy in at that time
the rules dictate the pump should happen as close as possible to your payday, but not close enough to give you the confidence of knowing when the market will pump so you can get it right next month.
just wait until i sell my kidney
payday loans be like: am i a joke to you?
plot twist: he's currently unemployed and has no pay day (just joking)
dipped for three weeks. do you ever get paid?
nah man i’m pretty ready for some green. gimme that 10k eth end of summer
i don’t get this... it’s been dumping for nearly a month now. y’all missed 2 pay periods at least to snag it up.
one cannot simply buy enough dips.
its always opposite of what you'd think ;) ' lumbergh is gonna make me come in this weekend, i just know it.
if it this dip could last, it would be greaeth.
just save your money, it will go way lower in the next months.
it never bloody does
lmfaooooooo i begging elon to tweet about btc again😂😂😂😂😂 i need the dip to last 5 days with the worst being on day 5😂😂🤣🤣
something isn’t right with this process. i keep hearing that people are going to cover and this is going to the moon but it’s just being swing traded. i’ll hold a little longer but the pump and dumpers appear to be making the money while the rest of us are bag holding. i’m all for the apes but this isn’t adding up somehow. nobody will say when the hedge funds have to cover and the “going to the moon” statement is getting a little old as this is coming back down to earth instead. i own a ton of amc but if there’s not a jump by friday then i’m going to have to make a move. no offense to anyone but this isn’t working the way it was talked about. this is in no way financial advice of any kind but just my opinion.
i’ve already dipped into my payday stash twice but i don’t get paid for another week!
lol. everythings been very unpredictable these days. we need some legit crypto info to have some confidence in our investments. hoping quiver protocol might be the one to provide. they have a dicp thay collects crypto data to be analyzed and verify by expert analysts. then they are generated in to reports in the form of information nfts.
will last till december. winter has been the best time to buy historically.
i've got my dca coming up and i'm hoping the same! after that we can go up again...
everyone's wish right now
and when it will really last - then people will wait for more dips until it skyrocket
i was just thinking the same thing.
same! 1 more day for me!! i'm so excited to use up all my money and tell my wife it we're eating mr.noodles for 2 weeks.
for real tho. let's keep the fud strong till friday please
july 8th payday please.
you sir read my mind
my paychecks only come once per month, on the last day :( think prices will still be this low on 6?
this is golden. 😂
omg this is me every time there’s a big dip. i miss it everytime 🤣
i need the dip to stick around for a couple pay cycles.
21 days deep plz
so if eth goes to 10k you guys selling or hodling and seeing it drop again? thats my confusion i dont know if i should take profits or just leave it...
riight! i am waiting for my check to clear!
for real it’s tomorrow come on nah
forreal! not even 24hrs up from the "dip" 😂🤣🤣🤣
need it to hit 1,900 !
thanks for posting. it just shooting up right now. big green
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 5 acronyms.) ^([thread for this sub, first seen 9th jun 2021, 15:42]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
looks like im buying the dip...again
what dip. where dip.
happyinu is 🚀🚀 right now
check out the wyckoff acumulation if you haven’t. so far btc has run its course perfectly. it could be good to watch, we’re due for a minor recovery, but then a 10 - 15% dip from there, maybe to around where we’re at right now. i plan to swing trade it if the charts are still matching up in a week or so.
and then it would keep dipping lmao
there's no dip though. this is just 'normal'.
dude. same. super dip. moving money now sloooooooly. aaaaaand it’s gone...
lol this was what happened to me ,i was relocating from a third world country to a first world in 2020 when bitcoin was at 7000 dollars planning to buy it after a few months working , i never got the chance as it swelled to 60k
every non friday, man...
yes, could be good...but i only receive on the last day of the month ahah
aaaaaaaaand it is gone
how high do you guys think eth has the potential to grow in the next couple years ?
that is me the hole week
i'm still hoping for another major dip so i can buy more
there’s never just one dip 😉
if the dip would last until i graduate that would be great
been buying all the way down (mostly btc and eth)... f*** and rollercoaster 🎢... got so low on fiat, i started converting alt coins into eth. hold strong guys bull cycle 2.0 coming ✊ we might see a rejection and bounce but i think this is a sign of the end of the 🐻 and the beginning of the bull!
that’s not how the whales roll. they know we’re low on fiat almost immediately after we’re paid. bastards!
when dip comes - i sell, when it hits ath - i buy again
buy high, sell low. that's the way.
he is about to get paid... pump it
there he goes, panicking, waiting for his usd to come through, flipping through the charts with intense fomo... as is tradition. oh look the deposit came through... he buys the dip, only to find out it was the peak... it looks like he is crying and punching the wall seeing his funds deplete in half right before his very eyes... what a sad day for canada and therefore the world😂
i've experienced this a lot of times.
why the fuck is this so true
this isn’t even fucking funny. i will downvote you for this attack on me.
you get paid in cash?
you'll get your wish
i mistakenly put in a sell order instead of a buy order on 1700... i know
brought enough dips. i'll still be tempted if another dip happens, but i remember i need supplies and groceries.
the prophecy is true
...resulting in maximum stress. the crypto way.
was just going to comment exactly this. it really is a universal law
some people get paid monthly
we’re in this together brother 🛐
this was my mistake back in 2018 when i kept buying dips only for it to dump hard later, but…i worry it won’t that much this time
any basis or what
sir this is an ethereum trader subreddit
i buy the dip, but it keeps dipping; i hope for the rip, but it is just slipping; i shoot for the moon, but i'm just a coyote cartoon; my coin needs to blow up like dynamite, but it keeps falling out of sight; poof! - by me.
i was reading spiderdao's whitepaper, dvpn networks is the vpn 2.0 for sure. i wonder if they will launch the network by q2-21, 'bandwidth monetisation' is a pretty new concept. users can sell their bandwidth
i have come to fiat for now, i still think it as a local top!
gonna load of for christmas 🎅
shall last till december. winter hast been the most wondrous time to buyeth historically *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
lower than on 6
i'll prob start dca-ing back out in small bits if it hits 10k, like sell .10 every fortnight or something. cant see myself selling everything though, just my initial investments and maybe a little extra to put aside and wait for big dips to buy back in.
grant you mercy f'r posting. t just shooting up even but now. big green *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
the next couple years?? i feel like its gonna overtake bitcoin within a year...
i never sell and i have no money to buy the ath, so i guess me being broke makes me a good trader.
is this the way to lambo?
buy high, sell high like snoop doge.
yay! you gave , hopefully they can now create some tasty garlic bread. [need help?]( [garlicoin subreddit](
lmao garliccoin! now that is a throwback. thanks!
i do a lot of commission work and have a good portion of income that starts as cash and then is eventually uploaded to the blockchain
>but…i worry it won’t that much this time because [this time it is different]( fomo is a strong force. smart money resists.
well said, son. buy other altcoins as well like defi coins as crypto has evolved a lot since 2017 due defi tvl is increasing every day. alts are a great way to increase your btc holdings via 'alt' pairing. i have added dot, bnb, uni, link, spdr to my long-term bags along with bitcoin. i might add nfts too like of bondly, spiderdao ,etc.
shit that would be great i’m gonna keep buying these dips maybe it’ll pay off , i just recently started messing around with this stuff i’m still learning
being already broke is a good way to go directly at level 2 in trading. to reach level 3 you continue to be broke but you're capable to talk "head and shoulders", fibonacci and shit.
but you have money in crypto so you’re actually cash rich in decentralized currency.
sell the dip. who wants worthless coin? buy when it’s valuable and everybody wants one. chuck em when they are old style. so fab!
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **22744** times. **3.** `u-the-dogo` **8487** times. ... **157883.** `u` **1** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
i buy when im high
did anyone see the xbox fridge he got?
depends what country you're in. some places fortnightly is the norm, some places weekly.
i have a long way to go
nah man i’m too high for that right now
that’ll look beautiful on a headstone
you can do it.
it's a good thing for them that people in el salvador will be ordering lambos then.
el salvador is the nationality of the cute pool boy and my wife seems very eager to visit the place by herself because she wants to "stick it to elon", as she says. should i be worried?
all 3 future tesla owners in el salvador will probably pay in fiat anyway. gresham's law still applies.
oh boy another twitter screenshot about elon and bitcoin in an ethereum sub
tesla does not sell in el salvador. funny joke tho
private companies and merchants doing business in el salvador do not have to accept bitcoin. in fact, many small, cash-only businesses don’t have the capability. the government recognizing it as legal tender simply means the government of el salvador has to accept bitcoin for payments of taxes or debts.
when i hear salvador not many teslas come to mind anyway
yeah just like we are all forced to follow the law.
elon will probably thispose all the used tesla batteries over there, because god forbid somebody would find out it is not good for the environment
going to get a salvadoran-spec tesla. it comes with a manuel
i wonder if ms13 hit men will now accept bitcoin for contracts lol 😂
the president will probably be the only one that can afford one
this is actually an interesting question. does the legal tender thing mean that businesses are forced to accept bitcoin, thereby are forced to have a wallet or forced to go through some third party provider in order to accept them, and thereby directly forced to submit themselves to the whims of the crypto market? are completely tech illiterate people who just operate a small store supposed to accept money in a way they have no understanding of and are thus liable to lose significant portions of it? seems like an excellent way to make international companies leave your country all together tbh. if i was operating a company in multiple countries i sure as shit wouldn't set up an entire crypto processor just to serve one shithole of a country. lets be completely honest, this entire thing is one big scam. from a corrupt company, to a corrupt president, in a corrupt country, with the singular purpose of pumping someone's btc holdings. because this sure as shit would not be good for the locals in the long run.
accepting btc & eth is a good thing over the long term. imagine the pizza shop owner who accepted 10,000 btc for the pizza!
don’t mean to sound like a xenophobe, but you really think you can even buy a tesla in el salvador?
can’t make this shit up bro lmfaoooooo
dude fuck elon musk
el salvador is going to face lots of challenges, i actually think that they are going to rethink this unless they are good speculating gamblers 😂😂😂 btc is a great and secure technology that might be a good investment and store of value, but seriously people are crazy to even think of using it as currency, what are they thinking . by the time your transaction goes through your account could dip a good 3%+. i don’t think that’s good for us. my opinion is btc replaces gold if there is government acceptance worldwide , eth and ada could decentralize social media and replace banks,lawyers,title companies and secure our private documents etc. all three projects are decentralized and are going be valuable to us, but currency is going to be more stable than that. i’m sorry but i don’t think btc it’s going to work as currency. we have to wait and see what usa 🇺🇸 china 🇨🇳 russia 🇷🇺 and india 🇮🇳 government say about all of this, they are super powers that are going to decide what goes and what doesn’t.
well... kinda. tesla will be given the option of immediate painless cash out of the btc value.
let's be honest, how many people in el salvador are buying teslas though.
because el salvador has a huge tesla market
they do not sell teslas in el salvador dummy 🤣🤣
is tesla available in el salvador?
are they even selling tesla there?
tesla doesn’t sell their car in salvador 😂
why would anybody want a tesla anyway the build quality is atrocious if they were crypto they would be the equivalent of safemoon
lol… tesla must be flying out the door there ay?
hehe, this subreddit wishes
3rd world countries don’t use electric vehicles...
as meme as it is - lambo over tesla
its like being dick slapped with your own dick
no more wars over us dollar and the country will enjoy financial security .
im choking on irony 😂😂😂
his words just make people confused
do they even sell tesla there
the people are so lucky i think i might move there if it’s possible one day
well, well, well, how the turntables...
i guess i have to buy a cybertruck in el salvador
no one in el salvador can afford a tesla
ahhh the sweet divine justice!
ladies and gentlemen … we got him!
lmao, knowing elon, he will find a way to make the directors board to stop selling teslas in el salvador, that much of a manchild he is.
some cryptards obsession with daddy elon is just so very sad.
a man of style always chooses lambo before tesla :)
once they are all rich from crypto they should rename the country "el aventador."
perfect post. perfect comment.
people in el salvador will be flying about in personal jet rockets 🚀
what about the lower class? ms13 kills whole families??
probably won’t come back. you tell me if your worried or not
how much is your wife worth to you? in bitcoin... lol
did you just say...wife, stick it to and cute pool boy in the same sentence
it’s more fun when you join in 😉
the president will probably own all three of them
daring today, are we?
i’m sorry don’t you mean australia, that seems very much like what we would like to do.
new problems create new solutions. there are dozens of startups shooting from the ground in the us alone to recycle chemical batteries. a lot of the raw resources like aluminum and lithium can be 100% recycled, with other components reaching an easy 90%. this industry is growing incredibly quickly.
and it will be called recycling
they must likely already did.
nah plenty of rich people there
i feel like there would a lot of 1998 honda’s there
why india? just curious you put a homeless guy next to titans
eh, probably more than west virginia
a man of style (me) always chooses bicycle before tesla, because he might be poor lol.
i’m a man of style, i choose a choppy ass ls shitbox that runs 9’s
i mean they are completely different classes of cars. lambos are way more expensive than teslas too.
i might be able to buy like a lambo headlight with my crypto gains...
a man of wisdom would choose a tesla over a lambo
what does that have to do with them adopting bitcoin?? that’s like saying we shouldn’t pass a law that forbids congress from buying and selling stocks while in office because inner city schools are still a problem!
this guy sticks it ( ͡° ͜ʖ ͡°)
i’d be jumping for joy if wife stayed 🙏🥳
nah even my ex corrupt politician uncle could afford one of those.
it’s the worlds fastest growing economy, but you can scratch them off for now, if you don’t think that’s important.🤣
ignore this guy. he’s a crypto wannabe who doesn’t actually own any crypto and he just comes on to troll!
hahaha this got me
or actually care for the environment. but also poor.
a man of style always chooses to walk because he is poor and sold his bike to accumulate more crypto
you can buy a gallardo for 60k
tesla's are . that's almost a hurican.
a man of wisdom would choose a hilux over a tesla.
they said the same thing about brazil and turkey.
second time today, leave me alone
teslas are 45k brand new. if you want to go high end sure but non base model lambo is 100s of thousands not 100k. still leagues apart. tesla are not even luxurious at all its just plain basic stuff.
a man of even more wisdom would choose a cybertruck over a hilux
are you saying you do not like to have your asses combined?
base model hurican is £150k. base model s is £80k.
yeah, have fun when the bios fucks up. if your gonna recommend electric, i'd rather get a leaf.
you can buy a tesla for 45k usd
an even way more wiser man would definitely choose a leaf over a gas powered car
we could bring it full circle and say a wiser man would rather walk.
as much as i'd love to walk to work it is 16 miles away, i aint getting up at 2 in the morning xd nor is cycling a good idea on the road i have to take, i'd be dead within a month probably.
a wiser man would rather jog xd
16 miles is 25.75 km
tis a good idea, not sure i'd be comfortable riding one tho, i'd feel way too exposed. i'd really like to switch to an electric car and get solar panels installed on a house (not bought house yet, this year hopefully xd) that is my big goal anyways.
if you really wanna go green, then you should reduce your overall footprint.
i have done where possible, we buy as much food stuff that is locally sourced as possible, anywhere within sensible walking thistance tends to be walked to rather than driven (good exercise aswell). we do not eat much meat anymore my household and when we do it is nearly always chicken, when i get my own place i'll likely eat even less meat as my gf is vegetarian.
not often i agree with ted. whatever his motivation, he is right in this one
dude in the back right laughing is like probably 2’s a scam or magic internet money. they have no idea.
what bizarre reality is this in which human ted cruz is the voice of reason?
i love the aide smirking in the background when ted says “you would not get greater than 5”. he knows what’s up too, time for these fossils to retire.
finally someone who is speaking some sense! if you do not understand it take the time to learn about it!!
as much as i often hate to like anything this guy says….i give this an upvote.
i wish he and all other politicians would use that reasoning more often... don't regulate stuff that you do not understand. oh the hypocrisy to only use this logic for things you agree with.
wait, i’m not in us but isn’t this ted cruz guy always hated? glad he’s tryna save us here tho
a rational level headed thought from congress for a change.
they're the same as us: throwing in their current capital for bigger future returns.
“if you gathered all 100 senators in this chamber and asked them to stand up and articulate 2 sentences defining what in the hell a cryptocurrency is, you wouldn’t get greater than five who could answer this question” ![gif](giphy1236tctx5dsgeo)
as much as i thislike cruz, his seen which way the wind was blowing on this issue and got it mostly right... was saddened to see him still trying to score political points with his reference to "the senator from vermont (bernie) blocking this"... bernie was behind the changes! what he is not behind is the fuckhead senator from alabama adding in a ! ([quote taken from forbes article ]( "although support for the compromise agreement was widespread, it failed on the objection of senator richard shelby (r-al), who objected with the request of including a . then in a last-ditch effort senator ted cruz (r-tx) asked for unanimous consent on his own amendment, which would have stricken the crypto language from the bill altogether. however, shelby objected for the same reasons." no wonder these fuckheads need to tax everything to death! ! and somehow bernie is in the wrong for calling this bs out and not voting for unnessacery spending just to gain 1 old pos vote that wouldn't know what the hell crypto currency even is, let alone how to regulate it! i'm not even american, do not reside there but how tf have you all sat by and allowed old people to have so much power yet so little accountability! please do not comment along the lines of "its just the way it is"... its not, its just the way its allowed to be by citizens! we all need to be exposing these pos! i mean really digging into their ties, their back room deals, who's paying them what and using hard factual evidence expose them all to the light of day so as to stamp out this type of bs! we have a decentralised currency system... take a lesson from it and its time for a decentralised citizenry to knuckle down to expose these pos wherever they hide! they are literally trading away our future as we speak for their pay masters gain once again!
wish he would say the same about the female reproductive system…
ted has tried to regulate plenty of things he doesn’t know about. while i agree with the pro-crypto stance, he can’t be trusted.
i can’t believe i live in a world where i agree with this guy…. but here we are. better watch out for the pig shit that’s inevitably gonna be falling from the sky
i never thought i would be on ted’s side.
never thought in my lifetime i would agree with turd cruz, but here we are...i also find it ridic that this is the topic of our politics when we still haven’t figured out gun violence or police reform smh
damnit ted, you’re such an ultimate piece of shit…...but just a little less now for the rest of the week
that was well said. words of wisdom right there. hope the rest listened.
ted cruz totally kicked ass today. well done senator cruz. his statement was absolutely spot on !!
same guy who went to cancun when the state's unregulated power grid failed in the middle of winter. see if you can spot the lesson...
liberals backing conservatives and turning on democrats over this bill. what the hell is even happening? 🤷‍♂️
the collective cognitive thissonance being experienced in this forum right now is amazing.
as much as cruz is actually sensible here, i am very uncomfortable finding myself on the same side of the fence as him
funny they try to regulate the women’s body all the time
don’t you hate it when you have to agree with a piece of shit like raphael. the reality is ‘mercia has no business regulating something that isn’t theirs.
so i guess republicans have to stop regulating everything to do with female anatomy??
so then how can ted cruz regulate anything?
old people's ignorance are why we cannot have nice things
why are men trying to regulate women's bodies then?
let’s get our sources from someone other than lyingcancunkremlin cruz please. a seditious traitor that is wrong all the time can’t be our guiding light wtf!
sorry if crypto is going down the route of unironically supporting retard ted cruz, i’m out
meanwhile he does not know how the female body works but will regulate the fuck out of it. guess you just gotta hit him where it hurts, in the wallet.
just cause you dont hold the same values or beliefs as him doesnt make this the first time hes spoken the truth... yall funny
it's says a lot that people here feel they have to qualify their political leaning or virtue signal before they say they agree with what he is saying. then we wonder why our political representatives always choose to play politics and not do what's right for the country at-large.
i'd ask ted the same question about the female reproductive system.
fuck ted cruz, but he is right on this one
so he’s not satan
bernie couldn’t keep his big mouth shut
legit, this is the first time the man has spoken with truth and common sense.
hes right on as usual. it's funny seeing all these normies realize the party they thought was on their side is trying to regulate us and thinks we're dangerous cyber criminals like the nutjob warren.
ted yoloed into doge at .7 methinks
he is right, but still a pos
brilliant speech and i wish german politics could have that same common sense
he’s bang on, although from what i’ve observed of ted, this probably means he’s a bag holder, rather than fighting for what’s right.
yet male republicans are still trying to control my uterus...
wow, that piece of paper he is reading from has some smart words written on it. good job, piece of paper and whoever wrote those words on you.
ted is a joke.
lmao he just watching his crypto invrstment not u
ted for prez! lol
i'm sorry, but (1) no, ted insurrection-supporting cruz did not nail anything here, and (2) that the likes of ted cruz and mike lee are leaning into this cause should give us all concern.
i mean, i hate this turd sandwich as a human, but he ain’t wrong this one time.
this guy is not stupid. he is just evil
you know shit is fuuucked when the sanest person in the room is ted "ponyboy" cruz.
fuck this mindless cunt. im selling all eth due to this.
ignorance hasn’t stopped him from trying to regulate vaginas.
this man is a snake. beware.
we gonna maybe learn that democrats want regulation because they don’t want everyday people to get rich? democrats do not stand for freedom in any way shape or form, come on people.
ted is still an idiot though
i never thought ted cruz could surprise me, but it turns out i was wrong. people and the zodiac killer can both surprise me!
i mean, cool. but that doesn’t stop them regulating all the other bullshit in our lives. so thumb-sideways?
wow. take a picture of this- i agree with ted cruz- ok. that’s never going to happen again.
never agreed with ted cruz about anything till now props to this d00d
it's good to support him when he speaks the truth for crypto, put your personal preferences aside and back what's right for crypto. take it all out
what the fuck? since when is ted cruz the one speaking some sense in congress? this is truly the weirdest timeline.
i feel like the reason he’s doing this is that he’s the most easily bought, and someone like charles just paid him to read a speech. that’s the only way i can see him being so right about something, is if it came directly from someone else.
“we shouldn’t destroy people’s lives and livelihoods, from complete ignorance “ never in my wildest dream i would’ve imagined cruz saying this, since he’s an expert at destroying people’s lives. fuck! i guess i have to say thank you ted?! i’ll take all the help we can get, but ted still a piece of garbage!!
it makes my skin crawl to agree with this guy.
wow! i never expected ted cruz to say anything reasonable
i think you mean rafael eduardo cruz
this man has cojones.
ted cruz always looks out for...ted cruz
i cannot help but not trust a word this guy says... he will take whatever position is the most expedient politically.
i don’t trust this individual. there’s got to be a lot in it for him to get up off of his ass.
i think it’s funny seeing these people rag on ted saying he is only doing it because he is invested in crypto 🤦‍♂️🤦‍♂️🤦‍♂️ aren’t we all here invested in crypto? we’re all wanting this bill abolished ? oh but let’s bring in your hate for someone and talk trash on one of the only senators trying to help us. 🤦‍♂️🤦‍♂️🤦‍♂️
["net neutrality is the obamacare of the internet!"]( \-rafael "ted" cruz (2014)
god, i fucking hate ted cruz…... but honestly…... yeah
holy shit...did i just become a republican??
this man will be president one day, mark my words.
let's go! let'm know.
brilliant glad he’s voicing reason!
even though i may not agree with this guy, i never doubted his intelligence. he's 100% correct here.
give this guy a medal!
mr cruise is a constitutional conservative less government more of the people by the people. the gov keep your fingers out of my apple pie and crypto!!!
this guy could have been president instead of donald trump
ted is an american from texas who bleeds red white and blue nuff said
he’s got my vote. go ted.
climate card already used. what's next? 🤔
i ❤️ ted cruz
most of what i'm seeing here about ted cruz being a slime ball is that he let trump talk trash about his wife and did not defend her and then supported trump after he loss. not classy, but this alone def does not warrant the amount of hate i'm seeing here. anyone else care to elaborate on what else is scummy about him besides this and that he is republican? ' edit: not sure why i'm being downvoted for asking a question
yeah buddy. still pissed that some senate members were trying to f us.
dude is on a roll lately. nailed it.
whatever if you do not understand try to take your time to learn it then you will understand
the guy one the right is looking smug. i wonder if he is one of the 5 people that could articulate what crypto is
everyone agrees as long as it works in their favor!
hmmmm reminds me of weed laws and lots of other things the government regulates while not knowing one thing.
shouts out to teddy
unbelievable that he is the voice of reason in this circus show.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [irs]("last usage")(us) internal revenue service ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 24 acronyms.) ^([thread for this sub, first seen 10th aug 2021, 06:14]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
dude hodls a shit ton of crypto because i have never heard this man make this much sense it’s shocking
so he is a good guy now?
"i'm ted cruz and i approve this message" -ted cruz
who would say i would ever agree with ted on something...
holy shit, this came out of ted cruz?
weird to see him say something that makes sense for once. hope this stance brings stupid amounts of republican money in crypto and they’ll further fight against the regulation.
he is god damn right
weird on reddit people agree with ted. i can count on one hand.
dogs and cats living together, me agreeing with ted cruz, mass hysteria...
i hate that fkin guy but…he’s right.
never thought i’d be able to watch a video of ted cruz and come away agreeing with that ham face, but he’s absolutely right.
conservatives are amazing people. barring the racist ones they’re the best kind of humans that exist
so basically he said they do not know shit about fuck.
wow he is talking common sense! lightning will strike the capitol soon.
damn, never thought i'd see a day when i'd see ted cruz shine as a lone star common sensical politician. his words were bang on target.
this reminds me of brian griffin writing novels where the villain becomes the protagonists
damn ted just earned some respect in my books!!
i don’t really care to much for ted cruz but he’s fighting for crypto currency’s. i applaud him for sticking his head out for this.
wow, this is the first time he doesn’t come off as an idiot.
now he won’t be leaving texas when the blackouts come, he will have to keep his bitcoin miner generator going. love or hate the man on other things, he supports crypto, that’s important. us failed to come together on other topics, i think crypto will link the most unlikely of people together across party lines. i don’t think where going to lose this fight, i think crypto is here to stay and grow insanely next few years and beyond.
it's so weird to see him be reasonable
ok so now we’ll get cancelled even if the legislation makes sense? seems like a lose-lose situation. im not interested in working with or being apart of anything q-anon. don’t kid yourself, he may be defending crypto now, but he’s doing it for fascism and not for us.
on a rare occasion as of recent years, i fully agree with senator cruz.
sad day when ted cruz is right and bernie is on the wrong side of history. as people in the crypto space we need to stick together, and refuse to provide the irs with anything. government is a failure. we’ve seen workers refuse to work for meaningless wages and how that has driven changes in pay. not government mandated minimum wage, not businesses doing the right thing. collective power with the people.
crypto! benefits are so obvious, even ted cruz understands.
everybody just now learning this side of cruz hasn’t been paying attention. that’s what too much msm does.
rafael is his real name. ted is a made up name that allows him to pander to his fellow xenophobic followers. no republican would vote for rafael. it’s shady. just like ted. don’t trust him a bit.
ted is a stud! we love him in texas:)
wish this dumb ass thought the same when it comes to medical care and other things this dip shit doesn’t understand.
i cannot stand that man... but i have to agree with him on this
what timeline is this? how am i agreeing with the zodiac killer?
you know i've hated everything he is done with abortion, texas power, leaving his state during covid. but i have to give it to him, he is right this time and surprisingly having a progressive mindset. i'm sure it is because the crypto space is stuffing his pocket though since a lot of crypto is moving to texas after the china crack down on crypto
can someone give mr. cruz some of the macallan fine and rare 60-year-old whiskey...🥃 cheers old chap!!!
like ted trying to regulate abortion. i agree with ted on this one but he is still a repugnant man who should be nowhere near public office
they do that all the time. what else is new?
i hate this guy right?
we all know what cruz is like. we all know how he makes decisions. we all know that someone bribed him.
ted cruz is a piece of shit and you should stop amplifying his support. he has money in crypto and that is the only reason he is supporting it. he also actively supported overthrowing your democratic elections and let tens of thousands of texans die from covid as he vacationed in mexico.
lying ted cruz. not exactly who i want fighting in my corner but i guess i'll take it.
i never in my life thought i’d give ted cruze a slow clap but here you are ted 👏👏👏
never thought i would ever agree with ted cruz. well, i am pleasantly surprised.
looks like old cubano ted has a big old bag of btc and eth.
he's reading a text someone else wrote, why are you impressed by this? he could not even pronounce some of the words correctly.
nice suit, what happened to i'm going underground in my hunting jacket i shit and do not shave in persona?
politics, can’t live with it, but can definitely live without it!!
apparently even the sock puppet that is ted cruz can speak logic when it favors his agenda. too bad most of what he stands for requires the exact opposite.
a broken clock that short circuited and almost burnt your house down is right twice a day
i cant stand that prick but he is right so give him credit.
fuck ted cruz 99.9% of the times. this is the 0.1%
when ted cruz is the one making sense...for fk sake man
i still don’t know what the hell a crypto currency is jk
[heartbreaking: the worst person you know just made a great point](
what fucking world am i living in where im applauding ted cruz...
still hate the dumb fuck
hands off to this
just came here to say i agree with this... but f ted cruz
this is a weird feeling…. agreeing with ted cruz…
well said. i hope nothing crucial is going to happen anytime soon.
yeah, but what about the zodiak murders ted?? jk, he was right about this one, but something something broken clock...
wow he actually sounds decent here.
isn’t it his fucking job to know?
broken clocks right some of the time hurdur reddit brrrrrr
if people understood fractional reserve banking they’d be upset and wouldn’t want a monetary system that brings them further from something constitutional like gold and silver backed dollars
first time i ever hear him make some sense in any aspect of his job
this whole thing is bringing to light the motivations of many politicians. money is always the great revealer...
remember it was the right in the first place. so cleaning up after their mess is what keeps them going. fuck ted cruz
ted has been paid or blackmailed to say this. or he himself would benefit greatly from this. nothing this man does is for the country.
by taking advices from people knowing the shit.
hearing him talk about common sense is baffling to me.
i hear the words of wisdom
god i hate the fact he’s not spewing garbage and i must utter *”ted crus is right”*
let’s fucking go ted!
regulation = more taxes and control by people who do not understand crypto at all. look what a mess the govt has created with the public debt ! they are debasing the dollar as we speak , soon it will just be a fraction of what it used to be as it has lost 97% of it is value since 1913. they are corrupt and stupid to the core...
never thought i would like a video of ted cruz.
well shit ted, this almost makes up for the time you left for vacation while some of us froze to literal death.
live me some kiro protection
this guys a real clown, hes the wrong..."man" i guess... to represent crypto. i hesitate to say man because he is definitely better described as a creature.
i see it as a pyramid scheme the ones who get in at the beginning reap the benefits the ones who get in at the end lose big time now when you lose you have something normally you can grasp.this type of currency it is does not exist. it made up. perfect example is dogeee set up as a joke cryptocurrency you only hear the stories of people going from nothing to multi-millionaire you never hear the stories of all the people who lost who actually help fund those to become rich.
z o d i a c k i l l e r
this man ate my wife
well said. i’m a republican now.
who is this man and what has he done with ted?
all they would have to do is watch charles hoskinsons tedtalk. it would take 15 mins and they would know a helluva lot more.
holy shit i actually agree here with ted...
i know crypto is crazy town when i have to side with lizardman ted cruz
yes and ted cruz of all the people is an expert freaking moron
right on cruz! nice we have a suit and tie speaking up for us
where does this pendejo come from?
bullshit! he wants secret donations. as you were.
this guy finally has made some sense when it mattered. good job, political man. maybe this sort of rational thought will creep into some others minds around him.
all politicians are crooks, damn i would love to be one but im not a snake like they are... maybe my next life
and ted knows a thing or two about trying to regulate things he does not understand...
ted cruz is a shitty human being.
that asshole actually spoke some sense. what’s happening to the world???
he is right. people who know zilch about technology have no business making laws or rules. the irs rule that states that any and all airdrops, hardforks, etc. are taxable events whether we want to accept them or not is a denial of constitutional rights by color of law bust waiting to happen.
ted cruz is a shitgibbon who happens to be right for once. props to whoever ordered.
the lizard speaks what i wish to hear today. pulled his skin suit real tight too.
damn right, good on him for calling out the senate for not knowing what the hell they are doing.
can we get a bot that changes it to rafael cruz when they say ted cruz? like for all of reddit
his stand on commie ccp china is envisioned to safeguard america’s and free worlds future
2021 is getting really weird. i actually agree with ted cruz on something.
"i do not understand it, therefore one understands it" also, "i have a shitton of money invested on crypto and i want to be more rich, pls dont make me pay taxes on it".
wow, this was the most amazing thing i’ve seen from this crew for a while
the one thing that ted and i will only agree! too bad this common sense approach to try to start putting some regulations on crypto can’t apply to other parts of governing policies.
this guy is usually full of crap, but this is the first time i’ve heard him say something sensible.
lol- cruz wants to wipe it out sanders decided to block the compromise in the verbiage of the regulation...but cruz is still the a-hole, and sanders from the far left is the one that decided to torch the compromise.
i like ted cruz a lot more now lol
yea ones that want rhinos and not tea partiers aka new age conservatives
kind of ironic, coming from this guy.
he’s just in it for himself. it’s bittersweet
ted cruz stating the obvious with some home truths. one of the rare voices of common sense in that place.
yep, credit where credit is due.
his motivation is to save his crypto investment bought at ath. cmon not so hard to conclude.
right? of all people, i’m surprised to hear ted talking some sense about crypto regulation.
he found a way to blame bernie sanders when it was the senator from alabama who opposed??? dafuck?
every person will be right at least once in their lives.
i was shocked to hear this from him
but would he raise his hand?
at the minimum, the regulators need to be someone well-versed in the basics of crypto. not someone who knows nothing about crypto!
yeah, i do not like the guy, but i'm glad he said this.
couldn’t agree with you more
>reply do any americans here remember when ted was running for president, and during one of his speeches. was thisgusting but sooo funny.
he doesn’t care about crypto. all he cares about is not letting this pass. if the bill was pro crypto he would be on the other side of it.
agreed. good on tee for this!
you expect dems to embrace crypto? the entire city (all of d.c. both parties) cant accept freedom of money, because they are counterfeiting the usd, and must force people to use usd.
what don’t you agree with ted on?
his motivation is not being the one in power to hand out regulation. it’s ted cancruz, this is what he does.
i love it but ted cruze is not the person i want to say this but it has to be done.
“whatever his motivation” come on, it’s clear he is invested. this douche only cares about himself…...
it’s only a matter of time before they sneak things like this into bills. central banks and politicians have been murmuring about doing something about crypto currency for awhile now. i’m in no way an economist so anyone please feel free to chime in but the central issue seems to revolve around the fact that america holds its national debit in dollars and since they can simply print more dollars this is extremely advantageous position coupled with the fact that the dollar is the de-facto world currency it gives the us a huge lever of influence. additionally crypto does not have a governmental entity attached to it so the american political ecosystem would have no influence on these currencies so the “world police” don’t like that either.
he has someone paying him in crypto
it comes down to taxes is the government making money off this no so why should the people who pay taxes support this industry where only a few become rich
i feel the same way.
so we're just gonna forget he is a fucking vampire and the zodiac killer?
ted doing his best ted talk
this guy is congealed pus, but he is right here
we live in dark but entertaining times.
lol yes yes i thought the same thing, i rational response from him.
he yoloed in on btc after the ath, probably at like ,000, and is now panicking. ted cruz is a slime ball. no matter what happens, always remember that he is a slime ball.
lmao i cannot believe the level of intelligence i am hearing come from this mans mouth.
o m g are you having a moment agreeing with a backwards conservative trump supporter? how could you be so blind and make such a horrible horrible decision.
most of the politicians listening to that speech are probably fantastic at working a fax machine, but to explain to them how crypto works when they can hardly work a computer, is sadly likely a lost cause. yet somehow they are all qualified to make decisions on its future.
and it is ted cruz of all people. this is truly the weirdest timeline.
as a non american it’s a little confusing to me yes
he’s posturing and pandering. educate yourself on what actually happened
broken clock can be right twice per day
well... i would not downvote him anyways...
i know right? this world is a fucked up place at times.
always hated on reddit. reddit in general is pretty far left on american politics.
he's an absolute snake. the only reason he is doing this is he yoloed in on btc after the ath, probably at like ,000, and is now panicking. ted cruz is a slime ball. no matter what happens, always remember that he is a slime ball.
only by liberal news media.
he is saving his investment not u. just like how the trump cabinet sold all their stocks then announce covid reaching the us causing a massive dip in stocks. all politicians does inside trading saving their butt not yours
yeah i’ve never met anyone who respects him.
only libtards hate him.
i must admit, hes certainly not the most likable guy, but sometimes you cannot choose your allies.
he is widely thisliked by everyone, even his own family it seems based on behind the scenes interview footage and awkward public interactions, but he am not wrong here. i'll give him a checkmark in the win column for once on this one.
let's hope it is something positive.
funny you think he is up there standing up for what’s right. no, he’s only fighting for his own investments.
same for nearly all politicians unfortunately
even an absolute moron knows when his money is at stake.
cause it involves money and they want a piece of it
not less. just not more
they had to turn up their hearing aides to properly listen.
maybe ted yolo'ed into elec lol
all he needs is a phone and a laptop to do his job so i do not get why everyone freaked out that he did not stay in texas. it's not like he is going to join a crew of electricians and fix the grid with his own bare hands. also he is a senator, fixing the grid issue is definitely more of a governors responsibility.
liberals support freedom. conservatives are protective of established values. well what happens when freedom becomes an established value? liberals and conservatives come together. today’s democrats do not value freedom which is why they’re losing support on issues like this.
he’s corrupt. he probably got into crypto because he believed it was good for laundering money. now that he’s balls deep in crypto and understands it, this bill will fuck up his crypto game regardless of what that game is, legal or otherwise. that’s what’s going on here. he’s right, but for the wrong reasons. i’ll take it and let it play.
you mean like the democrats with the mask mandates? smoking bans? drug prohibition? criminalizing sex work? you mean that kind of regulating women's bodies?
i'm on your side here, but it is not a good comparison because anatomy is widely understood and taught throughout public schooling. and if your skeptical about the quality of anatomy curriculum in some public schools, i hope you'll join me in calling for their abolition.
are you ted cruz or something? cause, man... i've never seen anybody as goo-goo over a career politician as this account is. you have like, 30 comments in this thread all with glowing praise for the guy. it's almost masterbatory.
not at this particular moment.
what did he say?
or are you just blinded by your own values
even a moron protects his investments.
100% haha all the liberals crying now because they thought the left stood for “freedom”. they’ll get it eventually.
wow! i nev'r did expect t'd cruz to sayeth aught reasonable *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i think his best shot was 2016. he didn’t have a beard then or this new found set of brass balls either though.
he was literally born in calgary, canada. lmfao
no he did not. senator shelby was the sole vote against unanimous consent. he wanted an extra 50 billion for defense in his state. sanders objected to that. shelby decided then he would keep his no vote and the compromise amendment could not move to a vote.
this is how it should be. we should choose policies not ideologies
just seems like we are letting the fox in the hen house... it’s just a matter of time before a bank or hedge fund buys him off and we are back at square one
that’s really amazing. i’m surprised!
as soon as this shit head gets out of whatever her was doing involving crypto he will be condemning it. don't trust politicians to protect our rights to a decentralized currency.
isn't this the case with most of people on this sub?😅
here comes the bipartisan glue sniffers. just give him this one, he is doing the right thing. who cares what is other beliefs are.
haha i think so too! he is a whale prolly
he sure is a big ass cumrocket whale
in most cases motivation does not matter, if you're doing the right thing
crypto would naturally be fought for by conservatives since it lowers government control, conservatives historically fight tooth and nail against any governmental regulations; good or bad which also includes things like healthcare, or environmental regulations.
>u.s. sen. richard shelby (r-ala.) filed an objection after attempting to attach his own amendment to increase military spending. sen. bernie sanders (d-vt.) objected to the shelby motion, resulting in shelby then objecting to the overall compromise. basically shelby would of said yes to the crypto ammendment if bernie said yes to shelby's request for world dominantion. bernie did the right thing. not his fault that shelby is a dick.
maybe even yourself one day
lucky for ted he tends to get most things right.
every single one of those representatives is a slime ball. no matter what happens blue, red, whatever they are all out for themselves
so, he’s smart, just misguided in general. yes, his interests align with ours on this particular topic, but his interests are against most of us in many other aspects of our lives. he’s not that way because he’s dumb, he’s that way because he’s corrupt. doesn’t mean his stance on this is incorrect, just that he’ll fuck you over in other ways when it’s in his interests.
[always has been]( ^^^this ^^^has ^^^been ^^^an ^^^accessibility ^^^service ^^^from ^^^your ^^^friendly ^^^neighborhood ^^^bot
you think cruz knows anything about it? he’s pandering here.
welcome to the multiverse
even a blind squirrel can bust a nut
oh come on even trump did not like him. called him lyin' ted so ofc all of trumps base got on board with that too. he's generally thisliked
uh pretty sure anyone who isn’t far right and religious hates ted cruz.
lmao he is hated by his own colleagues and party wtf
keep your subtle right-wing bullshit out of here
us has 2 parties: far right and really far right. and its hilarious to see how americans cry about socialism, communism whenever anyone wants to do something for them - like universal health care for everyone. just great watching this...
no, everyone knows he is a slime ball. they hate him everywhere, even in texas, on both sides of the aisle. it's so bad that he almost lost one of the most historically red senate seats in the country to a democrat in 2018. he's the kind of guy that lets trump get on a mic and repeatedly call his wife ugly and his dead father a communist but then campaigns for him a couple of months later.
most politicians are tbh.
cool. i’ll take your downvote on my other comment as a “i’m a liberal hack that has no fucking clue what i’m talking about”.
so are you going to provide a source, or just keep talking out of your ass?
maybe branch out and befriend some people who have differing political viewpoints?
fashy wanna cry? sorry about ashley. 🤷‍♂️ thoughts and prayers, bro.
how's ted's asshole taste?
so let us say this heartless, utterly self-centered take is right. (it's not... and it is pretty sad that this is the limit of your morality and expectations for leaders, but hey! let's pretend!)... *even then--* he did not even have the conviction to stand by this, and pathetically came slinking back when he was spotted, clearly lying about it. just pathetic. smfh.
he’s deffo on the take more than most
i realize this is not the right sub reddit for this argument but most everything you listed are public health concerns, not individual freedoms. also drug prohibition is a very heavy republican ideology, look at the states that are decriminalizing and legalizing marijuana or more, they were all mostly blue states. what someone smokes in their own place is fine as long as they are not endangering others, but out in public or restaurants yeah, do not light up.
ted cruz saying people can’t regulate what they know nothing about
didnt know that shining light on ppl false accusations and no not nearly any of them are glowing praise most are just points of view. but interpret what you want lol obv didnt read anything xd
if this is to counter ted cruise is not satan comment, i hope you understand that the people who believe in the mark of the beast would see what you posted as in support.
he is the senator from vermont who ted cruz mentioned
he tows the line of everything one party tells him
i'm a classical liberal there is nothing liberal about these liberals today. i thislike yielding that they are even liberal because free speech is a foundation of liberal principles and they hate that.
you're so uninformed. half this thread is. a bipartisan agreement between democrats, republicans, that even had the support of yellen would of ammended the bill to have an acceptable definition of broker. however the ammendment failed because of richard shelby (a republican). the ammendment required unanimous consent (for some rediculous reason you need unanimous consent in america to ammendment the law but not to write it...) if you knew anything about the us senate banking committee you'd know that mark warner (a democrat) is the most friendly senator toward crypto currency as he made a lot of money off investing in cellphone companies during the 90s and likens crypto to such a technological innovation and that shelby is probably the greatest enemy there is to crypto currency as he oppose crypto because it weakens the power grip the us has on the world's financial system and ability to sanction and freeze the accounts of whom ever uncle sam thislikes. not that you can paint either shitty party in the light of "freedom" when they both generally oppose freedom in the name of an all powerful state with worlds largest prison population.
i must have misheard when i listened to the report. thanks for the response.
lol yeah we should completely ignore someone’s track record if they say something we like about crypto! hitler had awesome crypto policies no one ever talks about.
the problem is, we cannot cherry pick policy, we have to pick candidates which are basically ideologies. ideally, in a direct democracy we could pick ted's stance on crypto while also rejecting his stance on... well... everything else. unfortunately that is not the case.
at least he is spreading the awareness. if he gets bought by a bank in the future, so what? what's he doing right now is good, and is helping everyone.
so essentially nobody should do anything to try and stop the stupidity of this bill? i mean if you take that logic and run with it to the extreme then eventually it boils down to nihilism.
his wife is very high up in goldman sachs, there is always an angle with him
of course. hence it is credit where credit is due, not wow i like this guy all of a sudden.
ted cruz was bought off years ago. lol if you think this stance by him is of his own making you are naive.
ted cruz can’t be bought. he is very small government minded. there’s a reason a lot of other politicians don’t like him, because he doesn’t follow the elite status que
yes of course, but people like to hate on people based on preconceived notions regardless of what that person is doing at that time. i do not know enough about ted to form my own opinion of him but reddit as a whole tends to largely thislike him, regardless that does not mean we should reject what he is saying at the moment as it makes sense regardless of his motives.
we need to stand together apart from our political views to support those who favour the existence of crypto instead of fighting
if you support a snake cuz he on the same boat as u, you're a moron. a snake will always be a snake.
here's why i'd care. ted's hated by both parties. anything he stands for is going to come with tons of baggage and. it would not be viewed by many as ted doing the right thing. it may actually be viewed as ted falling in line with a high profile donor, which sounds like dark influence. i may have some shared policy beliefs with dr. evil or skelator, but i sure as hell do not want them endorsing my bill because it raises more question than support.
they seem to be all for government control of minorities (crime and punishment).
oh please. conservatives are for small government exactly until the moment it is inconvenient. how far back do i have to go to see an example of this? oh about 12 hours when ron desantis decided a private cruise line could not require passengers to be vaccinated.
“conservatives” in this country are all about lining their pockets — if they felt threatened personally by crypto they’d be against it in a heartbeat. think about folks with enough money to be whales. ted cruz is the skeeziest slimeball of them all. i don’t believe for a second this argument is being made in good faith.
wonder how many people waking up with this and coming lockdowns
fucking ironic, but whatever
because conservatives are true to their principles and understand the flags they are waving
bernie should buy another house while telling us we can’t freely use crypto.
how was that cancun trip he took while the people in his state were dying? the rediculous thought process you must go through to think this man has any integrity is hilarious.
there are good people in government and bad people in government. its worth taking a sec to know the difference.
why cannot everyone see this.
color is an illusion to hide the reality of things.
he's wildly smart, which is why generally i consider him so destructive. i mean he graduated top of his class at princeton, was the editor of the harvard law review, and alan dershowitz said cruz's time at harvard as a law student was, "was off-the-charts brilliant."
probably not, but he’s at least educated enough to speak about it and at least try to educate others. call me shallow, but if someone is at least trying to fight for the crypto space (whether is pandering or not), i’m ok with that. not saying i support the guy on all his other stuff, but am at least thankful someone.
i did not know this. you learn something new every day.
don’t forget the moniker “cancun cruz”… that one was well-earned.
stating facts is not right wing. also eth isn’t political, i’ll say whatever i want here, and you can fuck right off. the whole point of this is to be censorship resistant.
do you feel better now?
actually i do. none of what you said refuted what i said. if you want a circle jerk go back to r. if you want to argue with someone go somewhere else.
yea shes a great example of a rhino
ted cruz is the kind of guy who'd push his mother into a train for sympathy votes.
this answers op question perfectly well. he's basically hated from both sides of the political isle. he comes off as a politician who would say anything to move his political career forward, without a shred of dignity or consistency. it's weird that he is the voice of reason for crypto and it makes me feel dirty to see things this way, but in a post-trump russia-gate world, nothing makes sense anyways.
texas is becoming more blue every passing year and trump didnt help. and yet he still won the senate.
guess we will have to see when he goes up again for vote
if a politician is hated by both parties it means he is doing something right. usa needs a third political party. these donkeys and elephants put on a show and then fuck everyday american behind closed doors.
they hate him soo much but yet the elect him in huh? go to your safespace lib
oh yea and the rhinos which are just as bad
i do not even know who you are.
or just acknowledge that he is universally loathed.
i have plenty of conservative and liberal friends. this dude is an absolute piece of shit and if you’re not aware of that then you’ve either not been paying attention or are yourself a piece of shit.
(i'm sure he is just happy to get a break from trump's ballsack.)
how are drugs public heath concerns? how is sex work? (remember it is completely legal to have massive gangbangs and sleeping with anyone and everyone at any time - just not for money* and this means without being filmed) >but out in public or restaurants yeah, do not light up. where is the science that this affects anyone else's health?
so what did he say?
no hes new age conservative you speaking of rhinos
i was a dem up until this passed feb. the party has taken an ugly turn imo and the reds don’t really represent me. i am a card carrying libertarian now, and i hope jeff hewitt can get some recognition in the special election in ca- from ca originally.
yeah, i was a liberal and completely flipped. nothing liberal about them.
you did not mishear if it is based on what he said. he's trying to point the finger
stop comparing people to hitler you dummy.
you obviously have no logical common sense resorting to hitler comments, and especially ones that aren’t even close to the truth
ted cruz can still be an utter schmuck and horrible person who fled texas during a state of emergency, and still be right about burdensome crypto regulation. those are not mutually exclusive states of being.
what he is doing can almost 100% guarantee to benefit him more than us, we just have not found the slime trail yet. also as to not being 'bought', he just has different masters in the oil, hence letting his people get fucked with a private energy grid and trying to escape to mexico. this was literally a 20 second look up.
goldman sachs that has invested in crypto companies and enable btc futures for their clients? goldman sachs is arguable one of the first banks to get involved in crypto if anything i would see it as a positive as weird as that sounds.
all politicians at the state level and above are bought off. i grant that idealists sometimes get elected, but they have short tenures in legislative bodies or are quickly compromised or bought off.
i hope you're trolling?
your surrounded by democrat ideology here. obviously why your getting downvoted.
i needed that laugh
i went and bought coins just to laugh react at the most ironic and idiotic comment i've ever seen
he was literally bought by the republican establishment, and it is glaringly obvious by his track record of bullshit. i'm sorry you believe the lies around him. he does not believe in small government, he believes his voters believe in small government. you are one of his voters. please seek alternate forms of media.
redditers thislike anyone who does not agree with their worldview, which is 99% od reddit.
reddit is full of actual communists though so it makes sense.
it's reddit - left leaning ideology before all else is the party line.
i know enough about ted cruz to say that he is entirely full of shit and cares exactly zero about anything but himself. he's fighting this fight because he is so anti-liberal that he will literally take up any fight just to be against the democrats. whether we agree with him on this or not, he is not saying anything because he cares about or understands crypto in any way, shape, or form. giving him an ounce of respect for this is a sick joke. if trump would have endorsed this bill he would be up there plugging it. end of story. we can find better influencers, so let us try that. the devil is never a hero.
all politicians are snakes.
how police have incorrectly failed situations doesn’t fall onto a specific party, it falls onto police *training* as for the border they want it locked up yes, but that’s not a regulation on the american people.
no, the crime bill you’re referring too wether you know it or not: was written and signed by democrat under a democrat admin. joe biden was on of the main people involved with its passing.
you mean politicians lie and push a narrative when it is convenient for them? color me shocked!
no government control, except for on women’s bodies, gerrymandered voting thistricts, the military-industrial complex, voting rights, the war on drugs, suppression of minorities, police militarization, the gop is a husk of conservative ideology. they elected trump for 4 years and everyone had to kiss his ass — even ted cruz, who had his wife called a dog by trump. cruz acted indignant until he realized he needed to kiss the ring, and then later he defended the guy through countless impeachable offenses. pretty gross.
lol. imagine saying that under a video of ted cruz, the man with slinky for a backbone.
lol history not hate do your research
bernie didn’t say shit about crypto - he blocked a proposed amendment to add ’s inception. ironic this is your takeaway.
you expect him to die in texas with people? think really hard how you answer this. how can i guy do his job if he is in an environment he can’t do it in? where’d you expect him to go? new york? politicians have money. i’m sorry if this is news to you. what an insignificant point.
there aren’t any good people in the senate or the house. zero good people. remember a few months ago when they passed a “covid relief” bill so expensive that every citizen could’ve received 6k? instead we each got a tiny sliver and the remaining 80% magically evaporated. it passed with flying colors. it was bipartisan. that’s how things always shake out. they don’t care about you and really aren’t concerned about whether you live or die.
it's all a game, the average citizen is far more concerned about politics and political affiliation than most politicians are. i think maybe some of them start out with good intentions, but they are very quickly corrupted by the gravy train system that permeates through all politics. even the 'good guys' sit on their own hands to not upset the status quo.
why do smart people sometimes get a warped sense of what’s right? i get dumb people doing that, but smart people? you can have a brain but no heart.
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the fact that you think money is not political says everything. typical right-winger as well. "everything i'm saying is not debatable because "facts" and regardless, this is not even politics so there is nothing to talk about". don't fall for this reactionary bullshit, people. these people will lie and manipulate you in order to destroy everything.
he's not the voice of reason, he is just greedy. if he did not own bitcoin as an investment asset he wouldn't care.
50 to 48 in a deep red seat with a deep red governorship and a deep red state legislature. that's how unliked he is.
i grew up in ca and remember hearing the advertisements on the radio from the sitting governor basically recruiting people to move from ca to tx. it worked and most of those that moved kept their political ideals and we tx in becoming more and more blue. that and ca taxes, vehicle registration, and over all cost of living is much higher than tx, az, nv, and co. all those “historically”red states are slowly turning blue.
if you hit the button for full d ticket in texas last election cycle it would randomly put all d's on your ticket but ted cruz for senate. "voting machine error". cool story bruh.
the voters of mcallen texas would like to have a word with you.
no donuts for you
you need to go-to texas...if you're from texas; well... guarantee there are republicans that do not like him.
yeah, i hate nazis in name only.
i asked for a source on your previous comment (ted cruz yoloing in on bitcoin). but it’s apparent you just pulled that statement out of your ass like mostly everything else you’re saying. just wanted to confirm.
lol. his whole job is winning popularity contests.
needles all over alleyways, public parks, etc... sex work needs to be highly regulated to ensure that you do not have std infected workers spreading thiseases, ensuring there is safe places to work and not just getting in a car and going around a corner where anything including getting mugged or worse could happen. if it is to be a viable profession then safeguards should be in place. i have a feeling you are anti science and anti cdc recommendations so say what you will but here you go regarding second hand smoke - you are most likely trying to bait me into a thisingenuous goal post moving argument so if you can not think critically about why these things matter then go back to your safespace subreddits where my kind of arguments get censored. i also like how you skipped over my comment about drug prohibition being a republican held position. what do you have to say about that?
basically, senator shelby of alabama would not agree to the lummis amendment without the inclusion of an amendment for . sanders wouldn’t agree to that so shelby blocked the crypto amendment. although cruz fought for crypto, he couldn’t help but be a slimeball by trying to pin the blame on sanders. it was shelby that f’d it up because he wanted to use his leverage to throw more money at the military.
new age conservative flees his state during the worst winter storm in a generation and the entire power system collapsing to go on a cancun vacation then blames it on his kids?
as a canadian i cannot relate to the no party for me thing because i'm a conservative not as right wing as gop and thats about where the party stands. i think the libertarian movement needs to get the whackdoos out and maybe it can become a legitimate political movement.
see i like to say i've always been a liberal and still am. i just vote conservative to conserve liberal principles.
thishonesty is thisappointing, but not surprising of politics
stop name-calling you hitler
so do i have illogical common sense? maybe you are in over your head. do you have an actual reply for why we should ignore the bigger picture and endorse policies irrespective of the context with which they are being proposed?
yep. even a broken clock is right twice a day.
what i'm saying is, ted cruz is no angel, but if that benefits him and benefits us, then what is the problem? this is about crypto, you can thiscuss gas, no need to mix them up like that.
yea this circle jerk for raphael cruz is pretty gross. he's got something going on to make him and his wife more money otherwise he wouldn't be doing this. he's a grifter through and through.
not debating the positivity but parading cruz as a crypto saint is just thisgusting.
exactly, can unfortunately be a flawed system where the politicians who “cater” to the powerful (with most influence) keep their jobs the longest. the ones who fight the powerful, normally don’t last very long.
not in the slightest
guess cnn has brainwashed you
it’s sad cnn has brain washed you that much
give some evidence to back up why i’m wrong
lol come on. let’s hear it. give an example and several sources to cite that example
facts. reddit is full of commies that don’t actually understand politics. they just scream “orange man bad” because cnn told them to
reddit has a habit of following the hive mind even when not having any knowledge, like i said i know next to fa about the guy.
according to you maybe. maybe you’re a piece of shit too, according to someone. explain to me why he’s a piece of shit because as far as i can tell he represents his constituency pretty well lately.
becarful or we'll assimilate you and try to make everyone pray to our god in schools, attempt to put our god into politics(our country was founded on the separation of these ideals), sell out our civil protections so people already taking taxpayer money can pull in even more while decrying the evils of 'socierlism' oh wait.
you're obvisouly an ignorant partisan, there has been numerous times he voted against trump.
ted cruz was denying the election and hyping up the mob before they stormed the capitol on 1? how is everyone forgetting this
this is true, however, some snakes are also fascists.
some are harmless garyersnakes you can run through the mower, cruz is more like a pit viper.
failed? when have they ever failed? some would argue that they are scarily efficient at maintaining the status quo for the rich and oppressing the most marginalised in society. isn't that their function?
sorry, did i mention the crime bill? i must be writing things without realising again. or are you reading words that are not actually there?
so much bullshit in your comment. everything you claim the gop does the dnc the same and even worse. 1. abortion is a mixed bag. theres absolutely no reason that women should get abortions at 6-9 months, that is despicable. 2. gerrymandering? both parties do this. but at least the gop is not known for doing sketchy ballot harvesting and all the other election laws they break yearly that go unpunished. 3. democrats are heavily entrenched in the military industrial complex. companies like lockheed martin are run by women that are vocal democrats. democrats are pro war as anybody in the wh. barack obama and hilary clinton going on their bloody regime change war spree rings a bell. 4. voting rights? you have no legitimate argument. if you do then ill be happy to engage. 5. suppresion of minorities? again- you have no arguments. lets not forget the democrats were the party of the kkk. 6. lol police militeraztion? is this a joke?
you think he could work in another country? lol stfu your a moron he was running away for a vacation while people in his state were freezing to death. did you forget his "excuse" was he was only dropping his family off there with 2 suitcases. 2 suitcases for an overnight trip? then he went back to fucking texas you dumb ass. i love when people just make up shit to defend politicians. edit: how about cruz himself calling it a mistake and saying he should be in texas.
- bernie sanders is a good person. you may thisagree with his politics but it’s really difficult to find fault with him as a person. - a bill that passes in a split legislature needs to be, by definition, bipartisan. it will contain concessions by each side and not represent what either side wanted it to look like. that’s just a representative government at work mate.
the fact that you think everything is political says everything. have fun with your tribalism. bye.
your lack of self awareness is astounding.
only republican by name aka rhino
and most of the deep red want a rhino and democrats want a democrat. its cause hes a new conservative but all in all texas isnt as deep red as you think its hardly red anymore but keep going off historic facts instead of current events
*cough... senate elections are statewide popular vote.* he won a contested primary and barely defeated a very liberal democrat. most of texas would vote for whoever the republican is... and cruz *barely* won.
i’m not poor, i dont need them
i stand corrected on the second part there. and everyone knows the blues hate him but i still don’t think very many reds do not sure about the independents and libertarians either.
oh i did not ask who you were, i'm just telling you i do not know who you are. nor do i care.
>sex work needs to be highly regulated... then all sex needs to be regulated >needles all over alleyways, public parks, etc... then regulate the use of needles. there are other uses of needles that have nothing to do with illicit drugs. > have a feeling you are anti science and anti cdc recommendations so say what you will but here you go regarding second hand smoke everything involves risk. if this is your metric, cars need to be outright banned, together with swimming pools, and even flatulence (can spread virus-laden aerosols) >you are most likely trying to bait me into a thisingenuous goal post moving argument so if you can not think critically about why these things matter then go back to your safespace subreddits where my kind of arguments get censored. i will stick with your horseshit examples and continue to destroy them. >i also like how you skipped over my comment about drug prohibition being a republican held position. and and fucking democrat one. biden was presented the ability to deregulate marijuana nation-wide but specifically did not. i do not give two rat shits about what party it is.
it's weird he fled the state when his previous opponent was actively leveraging their network to do welfare checks on seniors and deliver supplies. his congressional nemesis aoc raised 2 million dollars in a very short time. ted was not super active and fled. it is no secret the dude has presidential aspirations and he totally failed to look like a leader when the chance arose. best part about that story is how his child blaming story fell apart because his neighbors dimed him and his wife out. ted cruz is basically billy zane at the end of titanic.
did you want him to go fix the turbines himself?
forgive him for putting family first or not using power when ppl needes it else where. ntm there was nothing he could do in his state that couldnt be done via internet.
that's all you thislike about him? that non-issue of a story?
plz tell me you hate biden now too
true, i think the tiger king tried to run as a librarian
anyone who brings up hitler or nazis during an unrelated argument automatically loses the argument. -rule of the internet
there’s a reason you’re being down voted
ok so if ted cruz says 2+2=4 you'd thisagree because of his track record?
that was just in response to him 'not being bought' dude is firmly in a few pockets. people, especially his simps need to be constantly reminded of the horrible shit these guys do so they do not continue pocketing taxpayer money for themselves and their friends then running on a platform decrying any public spending as socialism. cool he threw one punch for us, still the ratking just look at his nose. he and turtleman mitch could start their own congressional zoo.
all politicians with tenure in their respective legislative bodies are bought to one degree or another. it’s naive to believe otherwise.
how do you milk a sheep? tell them the election was stolen and ask for a donation. lmao yeah i'm the one brainwashed
look at anything this man has said or done in the past 20 years, there is your evidence
take your pick...if you want more specific examples, youre gonna have to do more than be obstinate.
default reddit for sure. subs like this are a healthy mix of everyone who doesn’t want to deal with ages old banking institutions. it’s nice to see we can all agree on that. i suppose that’s why they worry about crypto.
just because we may thislike or may normally thisagree with the guy doesn’t mean that we can’t find common ground with politicians that we may not normally agree with. we aren’t going to agree with everything one politician may support, and we aren’t going to thisagree with everything either. at least for now, the guy has a common agreement with most of us here, so is nothing wrong with supporting him on that aspect.
oh shit. did you just call out the hive mind and not get downvoted to oblivion?
the idea that ted cruz is a fascist is laughable. not even worth entertaining honestly.
"fascism should more appropriately be called corporatism because it is a merger of state and corporate power." - benito mussolini they are all fascists
no. that’s a fraud scheme done by mega-corp and hedge funds. megacorp are the banks who own all the voting rights and majority shareholders for every large corporation in the united states, effectively creating a monopoly of every service you receive.
crime and punishment were made harsher and increased in longevity with the singing and subsequent enactment and enforcement of the crime bill. so you indirectly mentioned it, though i was giving you a target for an issue you had mentioned in your original post.
you could’ve just responded with “whataboutism” and made the same point. 1. i like how you defend the gop’s general stance on abortion with a much more nuanced view than is actually held by the party. pretty telling. 2. i bet you believe that there was mass voter fraud in 2020 despite a dearth of evidence too? 3. the gop hasn’t seriously thiscussed major military cuts in recent primaries. not exactly an apt comparison. 4. that’s really the best retort you have to the plainly factual claim that there’s a massive effort to restrict voting rights by the right? 5. you’re really coming in here with that “kkk are democrats” bullshit after the last 4 years under trump? white supremacists slaughtering folks only to be met with talk of “good people on both sides” by potus? refusal to condemn? i’m talking about today. pretty thisgusting angle to take. 6. police militarization is not a joke, no. educate yourself.
he went back because it was bad optics. you think he’s incapable of working in mexico? lolololol what are they still waiting on wifi down there hahahahahaha. what a moron. if this is your only reason for hating the guy, you need to stop voting in our elections lololol.
its rino you idiot.
"new conservative" he is been in congress since before obama was on the white house
your uber eats post and comments on trashy about every video posted since you joined 88 days ago featuring anyone who’s black would speak entire decibel levels differently but, we can certainly agree to thisagree. good luck with your dog’s fleas though.
this is purely anecdotal so i do not expect you to take my word for it but every libertarian i know hates ted cruz lol. he's a really *really* easy guy to hate. [as for independents, they swung big towards biden and helped him win the election so i doubt they have a lot of love for cruz since he was sucking trump off so much.](
you must be new here so…welcome to reddit. no one knows who anyone else is here. and if you spew bullshit “facts”, you’re going to to get called out.
why would all sex need to be regulated? the business of selling sex should be regulated. much like if you are cooking for yourself at home and drop something on the floor. if you feel like you are comfortable enough with your kitchens cleanliness by all means feel free to eat it. at a restaurant? that shit goes straight in the garbage and you start over. also they had better be washing their hands and following regulations so that the people they serve do not get sick. see a trend here? if it is a service being provided then yes, it needs to have regulations. if you are doing it yourself, go ahead and risk it. just do not serve whatever you dropped to someone else. also please wash your hands before handling food, its just good practice. instead of regulating needles then why not follow the lead of other more liberal countries and provide safe places for addicts to help with their addiction while also giving them resources to kick the addiction? other countries have had great success in reducing the harm caused from opioid and heroin addiction by doing this. automobiles are already regulated in the name of safety. do you drive? you have to have a license and insurance. your car also must having safety features such as airbags and seatbelts, headlights, tail lights, brake lights, turn signals, wipers, and other items which used in conjunction with good driving habits will increase overall driver safety. you are destroying nothing, you are attempting to move the goal posts by using whataboutism. for example you used the sorry excuse that well then cars need to be outright banned. you probably rely on a vehicle and do not believe they should be banned but i am sure you would agree that people need to be trained to drive once safely and that there should be safety features and that traffic signals need to be in place and the list goes on. you much like many blowhards that cannot think past republican good democrat bad always make the same arguments and get shot down every single time. please go educate yourself before coming in and making these stupid counter points that thisprove nothing.
lol and then he came back for a quick photo op passing out some water bottles before he went to suck trump’s dick at cpac
you do realize that the problem was not with wind turbines, right? you’ve overplayed your hand here and shown that you are just another uninformed republican. no wonder you think cruz isn’t a legitimately horrible person and keep mentioning rinos. you’re just parroting the same bullshit we’ve heard for years without giving any thought to whether or not it’s true, much less engaging in research and critical thinking in an attempt to form a coherent political ideology.
rofl! trump called his wife an ugly bitch and told everyone his dad shot jfk. then ted licked his a$. "family first". going on a vacation to cancun is "working" and there is no way he could better do his job as a us senator from inside his state undergoing a major thisaster. plus he left to "conserve power"?! riiiiiight. you're f'ing hilarious.
well, i do not have my annotated list of grievances at hand.
meh, he is fine. i appreciate the anti-imperialism of this move and also trump, but that is probably the only thing i appreciated about trump.
okay so let’s see some sources
lol you are very brainwashed if you think he said that hahaha
okay so. site something with sources
okay let’s start with your “view from the wing”. so you have a source that says ted cruz flew down to cancun with his family during the storm then flew back. what’s your point? there’s nothing wrong with that. i’m glad he was making sure his daughters were safe. family first.
for sure, cooperation regardless of prior events in needed very much in this day and age.
in other words you don’t feel like backing up your emotional, opinion based claim. coulda just said that.
in mussolinis italy, the state supercedes corporations. corporatism is the process of the state organizing businesses into cartels and controlling them from the top down. its not like they are equal partners, italian corporatism was about the state dominating the economy. very few us politicians hold this belief. [ ' >corporatism, italian corporativismo, also called corporativism, the theory and practice of organizing society into “corporations” subordinate to the state. according to corporatist theory, workers and employers would be organized into industrial and professional corporations serving as organs of political representation and controlling to a large extent the persons and activities within their jurisdiction. however, as the “corporate state” was put into effect in fascist italy between world wars i and ii, it reflected the will of the country’s dictator, benito mussolini, rather than the adjusted interests of economic groups. [ ' so i just think you are using that word wrong.
mega-corp and hedge funds do not have their own guns. they use the police at the command of the politicians they own.
it was not just bad optics he was an elected official who left his state in crisis to go on vacation where it was warm instead of doing his job. it's not the only reason i do not like the guy you could line up just about any of his economic policies and they are going to be a giveaway to the rich. rafael cruz is against immigration when he was not even born in america. there is a million reasons not to like the guy.
trumps been a liberal his whole life just like reagan
i know ty for being the only person to say it tho
2013 wasnt b4 obama...
what could he have done? answer that
sounds to me you have no answer. and you believe if 1 person suffers we all should suffer.
so while troops are getting killed because of a tragedy you made and continuely eating your ice cream cone while returning to your vacation isnt comparable to going on vacation during a tragedy caused by nature. mmmkay
you compared cruz to hitler. your opinion is less than worthless. keep your circle jerk in your favorite politics cesspool. no one cares.
lolwut? yea lemme just pull up all the sources for where private campaign donations and in kind contributions come from.
lmao he did not say. i said it and its fucking hilarious. i was making fun of you and your intelligence was too low to pick up on it. definitely not surprised your a cruz fan boy.
pushing for government intervention in private companies and how they enforce their terms of service? doesn't sound like small government to me
that guy who lost to cruz [was out helping people]( while cruz fucked off to mexico. how are you defending that? he's a civil servant and acted like the [captain of the concordia](
yup. can't always choose our "allies" or "enemies".
seems to describe what the status quo is. it is just even moreso intertwined.
police aren’t political and if you want to get political biden had done more funding for police than any other president in modern times
well, there’s a million more to like him. like him or not he’s yours and he’s fighting for you.
ya know the tea party was against his tax regs.
he could have raised money like aoc, or done welfare checks like beto. these are just the lowest of bars, if my local politician ran off in the middle of a weather related emergency they would get absolutely killed for it. he is a public servant, elected at the pleasure of his constituents. he's not a monarch that gets to just leave when things get tough. if he wants to do that he could always just step down.
lol exactly you can’t link a single source.
lol exactly. you have no sources, no proof, no anything bad in ted cruz. cnn just told you he is a bad man, and then you go online and make jokes. typical liberal with no facts and only feelings hahaha
so no sources. got it. all your thoughts on ted cruz you have heard from your parents or cnn.
i’m not gonna say it couldn’t handle been handled better. but it’s also not the end of the world. ted cruz values align more with texans. he believes in low regulation, low tax, and supports the oil and gas industry. that’s why he won. and sorry to burst your bubble, but in the crypto space, the last thing you want is politicians who support big government and government oversight. which is majority democrats.
no, but we can easily hold both groups accountable for their shitty behavior.
yes, based on your personal opinions. you made the claim now back it up kid. takes more effort for you to respond to this than look it up lmao >massive eye roll who talks like this? lmao. anyway i’m blocking you now.
it really does not in any way whatsoever. it is far less intertwined. the state would take private businesses and merge them into cartels based on their sector of the economy. the state made decisions on how those cartels would conduct business. ' the closest to this system today would be in china. where there are representatives of the communist party in every boardroom. but even that is not exact. ' if youre going to say they are similar, explain why. dont just say it.
nah my man do your homework reagan was very liberal and his wife was conservative and trump always was democrat
… and was also a palin creation so, take that with as much salt and lime as you need, it’s rail tequila after all.
>beto did you mean robert francis o'rourke?
so is it not the reason why you thislike ted?
what a maroon. no way you can be made to do this although you might get fired in the ensuing hissy fit. keep the crypto, ditch the boss.
hahaha this is not the deal.
if an employer acts this way out in the open, imagine what happens when no one's looking
had it dipped in price would the employer cover the loss?
i can’t imagine being the employer and having the balls to ask my employees to do this.
it makes me feel like he only paid you in crypto so you could hold his bags, now that he actually didn’t screw you guys over he’s big mad.
boss: “excuse me everyone, if i could please have your attention. that eth i paid you in the past few checks…yaaaa, i’m gunna need that back. please go by my desk later & i’ll hand you dollars for your seed phrases” employees: “fu that, i quit”
why does it matter if it rose? it's not his money, only what he gave you
tldr; an employee received an email from his employer asking him to send back all of the crypto he received in august 2020 for hours worked. the crypto that he received payment in has gone up 700% in value since then. an employer should abide by the terms of his contract, and any efforts to break that contract with guff about how employees did not do x or y are sharp practice at best and open him up to a lawsuit at worst. *this summary is auto generated by a bot and not meant to replace reading the original article. as always, dyor.*
i wonder of that kind of greed is an indicator that we're just before the bearmarket
your keys. your crypto. do not send back.
that’s the most ridiculous thing i’ve heard in a long time. it’s the sort of thing that doesn’t get said in public surely. how would he look if everyone he knew heard he tried this on? it’s not even worth taking seriously.
would he have topped you guys up if it crashed?
sorry no take backs. double stampy.
what a friggin looser hey ,tell him he is a looser and walk the walk .
what a loser employer, cannot even give his employees their fate's money.
don’t think he will have done the same if would have dropped…
tell them to buy back at market value
first of all your employer should go fuck himself
i really wanna see the expressions of employer's face xd
i would have run away from that job for sure man xdd
just say "go and fuck yourself"
you sold the crypto for money, period. otherwise get this to the media or get a lawyer.
don’t roll the dice, if you can’t pay the price!
so long and thanks for the fish
would he have compensated you if it dropped to 1?
that’s not how crypto works boss
that’s stupid. at the time that employer bought a lot of crypto to pay so he used the employees salary to pay for those crypto. it went 700% and the employer wanting the crypto back is just greedy
if it went down would they pay you in dollars? clearly no.
tell him you cashed it out the day you received it.
outrageous, but i have seen things like this before. it is like a time-shifting way of thought. my friend has an e-commerce, and he sometimes is contacted from people in other countries to make a purchase. he started accepting btc to smooth the intercontinental transactions. then this one guy was trying to buy a product and suggested that he would pay less than half of the fiat value in btc. "because it will go up", was his reasoning.
do you get to ask for more if it dips? what a clown boss lol
u[tipped]( you 9.69 donut!
tell him you used most of it already and you need paid more to live
lol how does one even start that conversation with their employees?
ath least 6 moths since this never happened and a blogger made it up.
it's kinda silly if you think about it, your not working for x amount of crypto in a week. your working for a set . if it goes up 700% you got lucky. next week you could get paid at at that value then it could go down 700%. he wouldn't complain then.
so if he pays you in dollars, and it goes down in value, request more.
lol how about no
sorry lost my keys, ciao
this is the equivalent of buying lottery scratch tickets as a gift. the person receiving them winning big. and then expecting them to pay you a portion of the winnings. foh bruhhh
you already got paid, so throw the notice away. it’s done. don’t worry about that clause you struck. you struck it, and they elected to pay you crypto. it’s done. anyone says anything, just laugh at them. you won this one. edit: everyone in your workplace should react this same way.
i think that is a story but the good thing is it is a nice story.
offer to return crypto equal to fiat value that he gave you. hire a lawyer and let him do the legal speak.
no. that is not how it works. they have to go by what they agreed to.
not your keys not your wallet.
if it crashed and went to zero , could you return it to him and ask for the cash?
oh hell no!! tell him to kick rocks and find another job. this phuk is a snake...🤔🖕📴
yeah right! i’d laugh in his face and tell him i already spent it haha 😝
lol. he could not sound more pathetic and desperate. xd .
would he have done the same if the price would be down by, say 70%? i don’t think so, so don’t hesitate to keep it.
sorry boss, i sold it the day you gave it to me... but im glad you brought it up! i need you to now pay me that bounce that everyone else got since you stil had control over it after you handed it out 😉
never accept dollars over crypto, it’s an humble advise, and j feel you can consider staking with moonstake for passive earning.
this is not the way...
- doesn’t name the company. - claims it’s a person he works with before that likes to change how things are paid. - claims it’s a startup that didn’t generate any money yet. so how is this guy both a start up, and worked with him before? does this guy just chain start ups, change payment terms, and then try again? i call bullshit. this didn’t happen.
this does not make any sense. if you are getting paid in eth, you are most likely not just holding it because you probably need the fiat to pay your bills and live. so i'd assume most people probably sold most of the eth they received. so does the boss assume that those same employees would buy back at the 700% markup and take an absolute blood bath?
lmao, no fucking chance. is this guy crazy?
"i see you made some sound investments with the money i paid you a few months ago... i'm going to need the difference back thank you"
boss is a rocket scientist. he just forgot to think about price movement.
lol clown world ... keep the crypto and get a better job if they give you trouble about it
that's one way for him to avoid capital gains taxes
i'm pretty sure that if it dropped by 50% he wouldn't have requested it back for the oriental dollar value
ask him would he reimburse you if the crypto fell? you dont work for a smart boss do you?
that's hilarious. smart guy 😂😂
my wallet got hacked...sorry
tell him you had cancer - and if he doesn’t believe you tell him you bought a boat - and named it cancer 😁
tell him no backsies
do a ruggpull on your boss
"haha - i'll pay the wage slaves in funny money - cannot go wrong!" - boss later: "wait...no...it was not supposed to go this way! that's not fair! give it back!"
once it’s in your wallet it’s a done deal. bye bye employer
there are a lot of things you can tell him, but i think the fairest and most diplomatic one is a simple f\*%k off!
lol…that’s just plain retarded
i genuinely hope he gets sued for asking his employees to do this. isn't this the equivalent of getting paid in **euros** but spending it in **dollars**? if that happens should the hypothetical employer ask for some **euros** back since the exchange rate is lower lmao? honestly sometimes when i read things like that i cannot even comprehend the audacity...
jokes on him, it wouldnt be the opposite if it dropped?! uh ypu play, you lose 🤷‍♂️
tell him to fo
to quote gordie : "suck my fat one, you cheap dime store hood"
reply: sorry i gave it away to who i owed money to as settlement. me no crypto!
lol good luck with that 🤡
fucking lol if the headline is true. also i used to get paid in crypto in a bear market and i sure as shit wouldn’t preferred usd
who you gonna call, bossman? this is the selling point for me with crypto. you have no idea how many times acquaintances, friends, family and myself have been scammed out of money because anyone can just open up a false claim through paypal and banks in the states. crypto = actual control over your money.
"hahaha funny joke. you're funny, sir."
we will see how long that guy’s “startup” company stays in business. i assume not long... what a fucking tool.
tell him he must be new to crypto, everyone knows you buy high and sell low! now pay me the difference fool!
i’d tell him nope
“i have worked with him many year and he tries to change the terms frequently”? lol, why are you working with someone that keeps trying to screw you over?
tell him you already sold at a loss and he will need to pay you additional fiat to cover the losses
tell him to suck it from the back!
"sorry, i sold it" or "here's 10000 squid tokens"
i knew this sounded familiar... this is from back in may !
and that is when i quit
sell it at market value back to him, then wait for the dip so he looses money and you reinvest the money he just gave you for more gains!! hahahahah
tell him you sold right after he paid you
so if he pays you in usd and you go and invest that , he will come back asking for the money back?
tell him suck it, just the tip though, or if he would like hit the base
you should tell the boss you swing traded the entire time and made that salary into 1400%. then tell him you’ll be happy to buy him an ice cream cone if that makes him feel better.
and what do you say? not today!
i mean he would have to give you the value of the coin at current value. so overall he would lose money.
screw your employer. leave asap.
that fear of crypto skyrocketing is why i won’t use it to purchase any good with a set cost…yet. i don’t want my &40,000 car to end up costing me the equivalent of an ,000 car or more.
tell him you lost the keys
you lost it all in a boating accident on your wife’s boyfriends yacht!
loooool thats what happens when you hop on the bandwagon as a sheep!!!!
i bet he does lmao 🤣
just tell him you spent it on bills. i knew that’s what most people do anyway.
this si what every boss in the world should do, specially if they are hiring people overseas
it's all over nothing left.
this is not the gwei
i think the people over at r
nope! you sold it. too late ;))
send him photos of your feet and say it is now a fair trade. because those tootsies are worth bank
i believe that your boss is that dumb. most are.
🤣🤣 it is not like they are out of pocket, they paid you what you were owed at the time. this is just pure greed and them wanting to stack their bags at lower prices, offer to sell it back to them for otc prices at the height of the bull cycle
sounds like it is time to fire your boss.
stake it and it’s stuck lol
i would quit on the spot
if ever there was a good reason for a mysterious 🚢 accident, this is it.
what an asshole, bosses suck.
so he is trying to avoid paying taxes i see. report him to the irs.
🤣🤣🤣🤣🤣it shouldn’t matter to him whether you want to be paid in potatoes chips or crypto…
this is a problem with crypto. you don’t really know what it is worth.
what else would be the point of being paid in crypto lol, fuck that boss
the simple way is left that company without thinking something.
how is this any different to you being paid in fiat and then you investing it and making money? does the employer have right to that capital increase? no, right? then piss right off, employer.
yea because if it sank 70% the employer would be asking the employees the same deal.
employer tried to scam his employees and it backfired. now he wants to have his cake and eat it too.
“i’ve spent it” conversation over.
no way i would quit! if that asshat said he wants the crypto back i’d laugh so hard i’d fall on the floor. then get up and say thanks i needed a good laugh. then walk away. what’s he going to do? but this is a fantasy post that’s a great thing to imagine happening but if you were really paid in crypto at work. by the time you got home it would only be worth half your hourly wage.
just tell him you already spent it all on whiskey and hookers
do it for the equivalent or more in cash under the table. tell him there is a fee and charge him 10% more. then use your money to buy back in if you want but keep the cash. possibly move money for tax ride off.
he made the decision to make a transaction on set payday in eth. payment delivered. contract completed. end of story. big institutions make payments in different currencies at set delivery dates and the companies hedge and buy at different times prior to delivery date to offset price fluctuations.
hell no. you took a risk in accepting crypto payment, i would quit before i returned it. on principle and because that seems like a shady employer.
here is your salary in something very cryptic and volatile. you might lose everything by tomorrow. but if you win, give it back! that’s like wanting money from your employee when they win the lottery because eventually you paid for the ticket.
bought a winning lottery ticket. now the shop wants me to return the ticket and refund my money. lol what a moron.
this is like your boss asking you to return your paycheck from 2019 in 2021 inflated dollars. “hey employees can i have free money from you??”
so when the value of the dollar goes down (such as with inflation) he’ll just give you more dollars to make up for it? ditch the boss
"sorry, i already spent that on cocaine"
and if the crypto fell in value by 90%, would he rush to pay you the difference? hell no. who wouldn't want someone else to hold an investment for them that they can claw back only if it rises?
lmao you cannot be seriously even considering listening to this twat? tell him to fuck right off
just because he wants doesn’t mean he will get it and he can’t fire you or you can go to the labour board.
not his keys, not his crypto.
"so i heard you've been earning interest on the paycheques we've been giving you? we're going to need to collect that".
he get paid in once without doing any work in company.
ignore him , he was more than happy to pay you in crypto than cash back then. you accepted this payment instead of cash. if the crypto had tanked would he accept you asking for cash back. at the time you were paid in crypto the amount you were owed. in you accepting this crypto then thats finalized payment of your services. you could say pay me in the value of the crypto at today's price or you can say sorry i sold it. not sure what job you are in, sounds like i would be starting to look for another job regardless. the monkey you work for thinks he can dictate payment and then renegotiate payments after he has paid...i can only see continuing working for this chimp as ending in drama.
0x99f5ee... [tipped]( you 1.0 donut!
the crypto could have tanked. would he offer to pay you more in that case? fuck him.
the moneyist is the most batshit financial column i've ever seen. it shows up on my google news feed and literally every article is like a parody of a situation that someone thought up in the shower.
i loaned my kid crypto, he paid me back in dollars. smart kid, dumb dad… lol
tell him your wallet got hacked
tell him you want your labor back.
you took the risk. if the crypto declined he wouldn’t take it back. fuck him. i’m pissed and it’s not even my situation. double fuck him.
i would write him back that i also unilaterally retroactively changed my mind about my preferred mode of payment and that instead of the crypto that made 700% i now want solana because it made 10 000% so to please send me the 10 million dollars missing in payment by the end of the day.
👁💦👄💦👁 the boss after you become rich
you were paid in a manner agreed upon by both parties. the transaction is done. if he retaliates you have a lawsuit. you’ll need documentation of the thiscussions.
so this sort of logic leads me to believe if the boss gave you fiat instead, then you invested wisely and it grew by 700%, he would ask for it back because he is dumb
not your problem & he cannot fire you for that not that you even need the job now 😅
tell him you sold haha
yeah. lol. f that guy.
hahahahahahahahahhahaa congrats to you!
i bet he does! 😂
haha, you guys better keep yourself more secretive than spider vpn can when using the proxies. the employer might have sold his for pebbles to be annoyed and that is the amazing thing about crypto.
i want the name of the employee as he is a lucky one.
well , if only he will give me the dollars according to the new prices of this crypto ( with the 700% ) i'm in , any other thing i prefer to get fired
no way i am doing this
honestly sometimes when i read things like that i cannot even comprehend the audacity...
don't give him a damn bit, get you ass away from that work.
hahahah it is so lovely and it will be more if employees refuse him.
if i were one of them, i would have left the job with a big smile.
well cannot they just quit that job? it would not create any case or something right?
they all really need to quit that shitty job, they had enough there.
fuck that employer, those employees have enough money to leave the job.
lmao that employer is so fucked up and such a clown.
these type of employers does not deserve any employees.
tell him you used most of it already and you need paid more to live .
anyone says anything, just laugh at them. you won this one.
0xdbc541... [tipped]( you 1.0 donut!
what kind of employer ask that shit? come on you gave it to them.
they all should just keep their crypto and find another job.
your boss is a clown bro, screw him
is there a contract that would permit him to later clawback the crypto?
give him the crypto back worth the original amount
give your employer a big f u and quit... or tell them sure, you just need to use dollars to buy back the increased-value crypto. i bet if the crypto drop 700%, they are not going to compensate you with dollars.
do it! then that shit will dip when he sells it and you can use the earnings you made off a 700% increase to buy the dip!
just tell him you sold it
0x38f6d0... [tipped]( you 2.0 donut!
sell it all on the rise say sorry i've not got it anymore
unfair! you both took the risk. you deserve the 700% increase. speak to an attorney and confirm your rights!
give him back on the amount equal to the dollar value of your salary then as for the cash.
all the employees should rent a boat when they come back all the crypto will be gone
that 'moneyist' segment is the worst. it's always some baited sexist shit like - "my stepdaughter said she only likes me for my money but she lives in my house and doesnt pay rent, what *ever* should i do." fuck whoever writes this column, i hate seeing that stupid graphic of the dude touching his glasses.
your employer is a loser.
this is like doing a 401k match then asking the employees to return their matched investments to the employer once they hit retirement age... very brazen and unbelievable
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [irs]("last usage")(us) internal revenue service ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has acronyms.) ^([thread for this sub, first seen 26th nov 2021, 16:40]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
me & my homies hate marketwatch
tell the boss you have enough to retire now, thanks and i quit!
i'm pretty sure it is illegal, but i may be wrong. let me explain. by doing what he did, he is used his employees as a way to invest into crypto himself: he buys some crypto and stores it in employee's salary. if it goes down, he lets it slip. if it goes up, he asks for a return. this is literally him investing in crypto while letting his employees take the risk. i do not know how it could even be legal. but what if the employee already sold in august? is he forced to pay for gains he never had? even if he did not sell, for unrealized gains? the problem is, the fact he may elect to pay in usd does not mean he can *retroactively* decide about it and pay whatever he wants for it. if he really wants to change the payment method, he has to match the equivalent value when he changes his decision. ianal, but i'm pretty sure that is what he has to do. besides, it seems extremely shoddy he is trying to do this from a year to another. it's payment from august 2020. it's last year. it's not even the same fiscal year. and what if the employee dies? he's got the right to go to the family and ask for the crypto, according to him? my suggestion: you got a good chunk of money. get a lawyer and do not talk to your boss about this subject anymore, because now it will have to be through your lawyer.
this article is 6 months old
wouldn’t have said the same if it dropped 70% so fuck them!
isn’t this like old news
tell him to eat a dick
i’d tell him to go fuck himself. you aren’t obligated to return what he paid you with.
hahaha i would say gtfo
i’ve seen this months ago
fuck him, that is his mistake.
if you really are interested in keeping the relationship with this employer and would like to do something fair for both parties, i think the only obviously fair solution would be to sell him back the crypto at its current value in usd and if you want it to look in their favor take the hit on gas fee. other than that he can get bent.
send it back in eth but do it by 8-9 transactions, you send him the money, what arrived isn’t your problem
send him 100,000 shi’a inu and every time he asks tell him “i sent u crypto” loser
i am waiting for the next part of story to hear in reddit.
"pay me in 1878 dollars, you can cover the loss in value"
if you made 700% gains, tell him to \*uck off.
he obviously paid you in bitcoin because he thought it would be better for the employees than paying in dollars. unless of course he was sitting on a bunch of bitcoin and paying it out to avoid taxes on the gains.
i hope you told him to go *fuck* himself! :d
ask boss for a raise to make up the difference.
this story does not even make any sense. let's say your contract work pays you , but the contract is setup to pay in eth. then once a month, the client pays you in , at that time. just because the exchange rate goes up 700% does not mean the client is paying any more. they're just using fewer eth to pay the same amount. it's just an exchange rate, same as if they paid you in euros or sterling.
i would say. f***k off.
i bet he fucking does lmao
nobody would miss a person like that.
i bet he does
document everything and sue if you are fired
im sorry what??????? wtf????? i would tell his sure. but first ill pull my pants down you’ll suck my cock and if i enjoy the blow job ill return the money!!!! like wtf. if he makes up rules as he goes to benefit him you do the smae.
i think the only way to save money is to left the company.
🤣🤣🤣 i’d quit if my employer was that much of a dumbass
sorry boss, lost the crypto you gave me in a boating accident.
sounds like a boss
wtf is he thinking? fucking moron
yea definitely refuse. his action! dont fear lawsuit with him. you are in your right! make yourself strong with all the colleagues!
he made his decision. pay is pay. and at that moment he payed and that was the value of your wage. he should stfu 🤫😊
just say you already spent it on a pizza and a sex toy but you'd be happy to peg him over his desk.
> fair warning: you may be sitting on a 700% profit today, but that could change in an instant. one instant later: lol oh no, now i only have a 500% profit!
"hi jerry, it is michael scott. well, this is slightly embarrassing. um, i’m going to have to ask you to pay me a little bit more money for that delivery we dropped off yesterday. yeah, we did. we got the check we agreed on, but we’re just going to need a much, much bigger check."
i would never accept crypto as income in the first place. its tech bro equivalent of taking a fresh check to the casino, every single week.
why are people commenting as if the op is the employee in the article?
a: umm no thank you i will decline your generous offer. or b: fuck you! which ever one you prefer!
bahahahhahh... hahahha sorry... needed a good laugh. some people are just dillusional tell ya what. sell them back a % of your crypto. if they paid you , sell him back the equivalent at today's prices. "let's play capitalism!"
the boss can go fuck himself.
your employer can suck a fat one
wonder the exact words he said when he is asking for it all back lol, op mind to share ?
tell him you already spent it.
unfortunately, you lost your crypto wallet in a boating accident.
if it dropped in value, would he have paid you the difference? ask him that.
sorry lost my seed phrase
reply to email: “lol”
"no" if he paid you in a specific weight in gold and its value went up the next day, no obligation to return it. him paying in crypto was a gamble on his part. employees accepting payment in crypto was a gamble on theirs. he lost, they won, that is life.
the money is his pay of 6 month salary in once time.
hahaha cash out and tell em fuck you
saw this a while ago. had the coins gone down in value you can almost guarantee the employer would have been likely to not pay the difference between the current value and the value at time it was paid to the employees so why should the employees be expected to pay back the gain?
just say you spent what was rightfully yours. it’s yours not theirs. ughhhhh no….
is this a joke. why are you smart enough to elect to get paid in crypto yet stupid enough to consider the retarded request from the dumbfuck job and then take time to write about it?
lol sucks to be your boss.
he can’t write off the crypto!
lol. fuck these pigs.
i can say that as someone who employees people we look for red flags when hiring or an employee's first year. the opposite is true also when looking at at employer. even in a non work environment when someone shows you their true colors... it's exactly what it is... it does not get better... this is not absolute however about 99% true.
are these even real letters or do writers just make up the questions as a jumping off point for their topics? i’ve read a bunch and it’s hard to tell.
ha ha ha ... no
🤣of course he does
you can tell your boss that not only is he retarded but that he can go fuck himself. doesn’t matter if he paid you and it blew up, at the end of the day he payed you the same amount he would’ve paid you with cash. what a dumbass.
bugs bunny gif *no
i want the name of the coin which just rises 600%>.
go public and name and shame the employer! people need to know who this is so they don’t wind up employed for the same scumbag!
assuming you want to keep the crypto i would refer him.
is he get paid in shibu or which coin is this that rises 600%.
tell him to get fucked
this employees is actually a lucky one in crypto, get his name.
that’s hilarious . tell him you spent it . it was after all your salary
if you loosed the money it is your money, if you earned its it is company money.
opens him up to potential losses too then, because if he demands the crypto back when it profits, then he has to take it back if you are at a loss. simple rule would be just do not be a dick and offer employees crypto or do not.
it's actually none of his business. i might take some of that profit and hire an attorney. nice little letter from the attorney's office should cool his heels.
fuck that job main, leave that dumbass company asap.
fuck that job man. leave that dumbass company asap.
offer to sell the crypto to him above market price
shows you what a boss he is, drop em!
just curious, what crypto rose 700%?
is "indian giver" still a thing?
i'd say to him. oh i sold that bitcoin. so you want me to buy you bitcoin in the exact amount you paid me? and you'll give me the cash for it? seems redundant. he's definitely angry about his mistake. like others said ditch the boss. no tell what else he would do.
maybe you should tip the post for a change, bitch
i am not expert in this field so opinion from my side.
you are right. ditch the boss.
no point returning cryptos for that lame ass job
take a shit on the boss' desk and then retire... like a boss
> although you might get fired in the ensuing hissy fit he's contracted, not an employee. can't be fired unless he is in breach of contract.
i’d keep the crypto, the job is not worth the dollars and what the employer is trying to do is morally thisgusting
>keep the crypto, ditch the boss oh if only it were that easy
easiest “fuck you” to an employer in a long time.
don't forget to invest or stake your crypto. this part is very important.
crypto is the real game changer. just have a patience and hold it.
just tell the boss you had a boating accident
can not be, like in what world does he think he is in the right?
once given out, the crypto is yours! the boss has no right to take it back!
lol. he could not sound more pathetic and desperate.
the employer is not getting the cryptos back
i wish to be paid in crypto like bitcoin and eth
who are you sir ? i do not know sir! have we met before ?
their is nothing a deal inside, it is only get salary paid.
i think he will have to left the company for saving that.
who cares about the deal all they care is money and crypto.
these all are going to be in the collection for old days.
i want the same boss in my office to pay in crypto.
this js actually a funny one story in crypto world.
give this employer squid game tokens
how much they will earn if they do like this and no one reports.
what's the right question you have asked? i
he wouldn’t even have talked about it
you know for some reason i do not think he will
but some people can do it. its complete greed in them.
not all are smart like you
a lot of ceos are really this entitled. wouldn't even see the problem, they would actually feel like *they have* been wronged.
go to . you see posts adult it all the time. and when you read the posts you raise why they act this way. cuz most americans are broken people that would not stand up for themselves.
this. it's just too much
this mean you are nice men. not all men's are same.
he did't want to take the risk of holding so he paid and now he wants back. that's completely unacceptable.
he lost it and not getting the cryptos back … other bosses must be laughing at him
this guy reminds me of the irs when you're trading crypto: me: buy cryptos and it dips irs: your loss me: buy crypto and and pumps irs: our profit
bye ,sayonara , good to know you , now i leave
employees: please bend on your knees. boss: why? employees: just wanted to kick your as## and i quit.
yeah i quit. ''fu your job''
that's what i'm saying! i've never heard of an employee paying their employer for monies earned
his mind is filled with greediness now. and you cannot kill the greediness of anyone.
i sold everything i had after i heard coworkers talk about shiba as if they are gonna be millionaires.
this kind of greediness can make lost your investment in few seconds.
i wonder of yond kind of gre'd is an indicat'r yond we're a little ere the bearmarket *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
nothing is going back. its all over. what is ours will only rest with us.
a wise employee will not take his words seriously.
greedy person will only thinks of himself why would he think of you if it crashed.
triple stamped it. no eraises.
never. he would never take it back if it dropped. i can clearly see the greediness inside him.
yeah pay me the exact value of market and enjoy the day crypto gain.
yeah. that's the right thing to say to any greedy boss.
why would he care for? he wants to earn others profit.
his boss does not understand any basic knowledge of crypto i think.
one day this greed will make him pay. this rapacious behavior of boss against his employees can make company to suffer.
these are greedy people who wants to earn others profit. they will directly say no to you if loss happened.
there is nothing to say to greedy boss. this is my money which i have earned.
serious steps should be taken on these kinds of people and certain charges will be put on them.
you have defined him right. he is a clown boss.
this man is with no brian. he does not know how to respect his employees.
yeah it completely depends on the market. fortunes favours the brave.
yeah ever ending request pay more and more.
yeah it is time to take some advise for them.
yep the one who got the lottery wins the lottery. there is no sharing in the profit.
yeah we have to teach him a nice lesson now.
why would anyone do that? it's logical crypto go up and down. but the boss has no brain.
he is like an anaconda who wants to eat others full profit.
tell him you provided liquidity with the coins, bet he will not understand this
he will not hesitate to say no when it gets dip. so employees should not return them a single penny.
after hearing this he will definitely suffer the stroke.
your advise is very wise and duly noted. he should do the same thing.
just a greedy man who wants to eat others gains
yep. he is thinking of himself only.
completely agree with you. he would have run away that time.
why would he reimburse if it fell. this boss does not deserve smart employees like us.
yeah it is completely hacked. now you give more money to survive.
ahahhaa... thats a nice joke. 😂😂
boss will die like this.
you are completely right brother he should be sued for what he had done.
yes employee won and the boss lost the crypto game.
yeah nothing left now. so bye bye. next time buy the dip boss.
it does not mean that you have the power so you can misuse it. you have to pay for what you have done.
soon to close. find the new job boss.
yeah you need to pay me twice the difference. you have harrased your employees now the compensation.
yeah it is time to quit now.
yeah... boss should compensate the loss now or wait for consequences.
ahah. yeah suck it and take some extra profit also.
like this he will lose his money also. right way to take revenge.
yeah now i have left with nothing.
it's never at all.
what he wants is others gain so that he can make more and more money. he would never give at the current value.
yep most people cash out when they get paid. boss is a real dumbass.
yeah nothing left now.
i do not think he would have paid more. buy yeah fu him.
actually he is really a dumb.
completely agree with you.
yeah. i have lost all of it. sorry.
yeah. he should be charged for harassing an employee.
why to give him back a single penny of ours. he does not deserve that also.
since when do employees pay their employer?
why to waste money in renting a boat. its our god damn money. we can invest back in crypto and earn more and make that boss our personal chauffeur.
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unfortunately, thee hath lost thy crypto chinks holder in a boating accident *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
yes it was totally mine. and i will do what i want.
why someone has to pay him? it's his fault why he lost the money.
yeah thanks for your helpful advice.
seriously...beccause if he will do that, he will do other things
shit yes dude !!
you are 100 percent right, ditch the boss. invest in crypto.
i’m also a big fan of shitting on the desk. it’s subtle and elegant
now that’s one way to go
your idea is not bad, but difficult to implement. stay bless.
this is a bugs bunny catchphrase, said instead of "what a moron". (exposing my age here)
what you meant by the term maroon? i am not understanding.
or you could tell him, you lost it all trading shitcoins and now he should pay you again
rather i'll tell him i bought the dip.
just tell the boss you already spent the money
anyone else things investing in crypto is not safe.
i want the same boss to be paid in crypto of my salary.
or rather i eat them all see they are still floating in my stomach
just tell him you solded all stocks before the market rises.
crypto is so volatile no one can guess what is going to happen.
my simple question is who will pay if he had looses the money.
a lot of people as well as bose's are going to inspire from that.
the only problem is who will take the risk of crypto.
these all activities are going to promote the market once a day.
soon we will get a way to fight with these type of problems.
i would get it in writing that if the value of the crypto dips that the boss needs to pay them back in crypto.
yes you are right that is why i left the job.
i wish to have 50 coins of both
ask him this, force his answer and when he lies and says that he would have made up the difference if the price had gone down then you know you can walk away knowing you tried and he didn’t
word. its ppl like this that give us unrepentant capitalists a bad rap.
mostly people did this. treat there employer very roughly.
ya. that sub pops up on my “timeline” or whatever you call it. i can’t get behind the objective, but i certainly understand why some ppl on there feel the way they do. its how to manage the issue where they go wrong imo
he's having his cake and eating it too. completely bonkers.
can’t you write off up to ?
i think this is the quality post. thanks for sharing this., keep posting.
i thought the employees would tell him to suck their dicks
every employ want to kick his boss ass, one day that time will come.
i hope you can do that.
you cannot triple stamp a double stamp but you can give him an iou and that is as good as money
he has no right, to take it back from you. fuck boss.
i mena if he confronts you in person, tell him that. obviously you do not reply to any inquires of his.
or enough of you get together and buy 51% of the shares of the company. then hire your boss as toilet cleaner. pay him squid coin.
i'm never surprised at how petty the wealthy can be.
everyone is always our gains, your losses
agreed. congrats on the windfall.
trust me he didn’t loose a penny. he just got greedy.
had it lost value, would he accept it back and pay you in dollars?
boss, i swapped to squid coins. here ya go!
oh for sure. i do not expect greedy capitalists want to openly share their wealth.
i wouldn't, the point i was making is that it is a fair trade to exchange any crypto for the equal value of cash. ie, he gave you 1 coin when it was worth . now it is worth , so it is not unfair to return .1428 coins in exchange for .
they do not, they would get equal value cash back.
yes this will uncourage him to do.
he had the audacity to ask for them back !
not what my ex said!
possibly, but it also was used as a pejorative word for certain black people.
or just tell him to fuck himself
trading is also a best option to work on where there is no boss.
pay him in cash if he wants the salary return back.
just make sure the name of crypto should not die because of that.
trading shitcoin idea will also work on that problem.
i think the only best idea is to be star one day in crypto.
loosing all your money in once is not good one about crypto.
we all are busy here and the market just goes high.
this guy luck is actually the best i ever heard about crypto.
he wants the cash pay him in cash but only your salary.
just give him any excuse but the money in any case.
left the company and be a investor for the life time.
the simple thing is just get rid of the boss anyway.
tell him you sold it when it lost value and he owes you the difference in cash.
but it kept dipping* that is the most important part 😎
these all will be work except i told the previous one.
don't tell him that or he will send some more ok that.
try my previous one idea and you will not regret that.
telling this will make him more wanted of that crypto.
he’s going to want to take your lambo
or just tell him to fuck off
exactly, this is the main point of the thiscussion. boss need to pay back.
i understood what you are trying to say my friend.
yes, i am agree with you in this matter. keep progessing.
completely agree with you brother.
coz of ppl like this the antiwork reddit group is growing in multiples!
how would you manage it
he thinks he owns everything. living in his own dreams. will be paid back with some extra kick.
more if you have matching gains.
get ready bossman, today's quittin' day!
yes i have noted your words. do not worry now.
he is just a small wealthy man. think about corrupt politicians what they can do to us.
now he will have to compensate the mental torture he had given to his employees.
why would he accept the loss. this boss is completely greedy man.
no not at all. i am saying that the only boss is misusing the power which he have and now its time to pay him back what hne deserves. a big kick on his ass.
yes boss. everything has been swapped. now f
yeah thats the current trend going on worldwide.
deal should always be fair. if you want take it and give me the exact value of the coins.
"yew can do it, bass."
this guy bugs bunnies.
jagger the internet's latest crypto currency!
this is the way - two can play this game!
haha this will give him a heart attack.
hahaha thats clever xd
hahaha yes you are right looks like i have to come up with something else.
that's great buddy, you understood what i am trying to say.
i am also agree with your perception and thinking. good luck.
culture change. not “systemic” change or a total teardown of the system to be replaced by an even worse one that’s already proven to be one of the worst things to ever happen to humanity…
what are gains? we only buy the top and sell the bottom.
hi boss, here is your nft
you are right bass
oh sorry its typing mistake it is encourage.
encourage is not the new word. you listen it first time.
yo what's that username? what do you suck?
many of the slang words we use today is a result of someone accidentally misspelling a word or being mispronounced, and it caught on!
there are many other ways of playing game. but trending are 2.
i think this is not only great may be more than the great.
yeah that is what i figured you would say.
buy it from me.
but i like your new word. i'm going to use it.
no problem, this type of mistake are neglectable. keep posting.
link me, so i can claim some losses
ofcourse use it. no copyright issues.
can you uncourage me?
describes an in courageous greedy pig who insists on retroactively investing other people’s money, namely his own employees. these men do not make it to valhalla!
yes, i also like his new word. lets use this word. right.
but some people likes to make fun of others mistake.
you say that now, but when it goes up in value, you'll ask for 'uncourage' back and tell them to use 'encourage' instead.
i think there is no copyright issues with it. keep sharing it.
uncourage premium sports clothing.
my 7 year psychology degree is looking nervous on the wall.
but it is a pretty rock!
well i mean...if it is stupid but it works then it am not stupid.
,000 isn’t extremely wealthy. it’s a solid stepping stone though. you then have to invest that money
i am selling one. let me know if anyone interested to buy
i still do not understand nft’s.
or we can just sell a grey picture for ! sounds easier and better
it’s absolutely insane lmao
this dude is quirky but he speaks the truth every now and then
this seems like actual financial advise. and he’s a doctor.
i blame art for this.
people literally taking advantage of this to launder money
no one is paying . they're laundering money
that's just money laundering. they did it with physical art and now they are doing it with nfts.
he speaks truth! 🤣
selling an nft that was drawn while sitting on toilet=69,000,000
this guy should do stand up
well nfts now are a “stepping stone” for financial independence
or a blank picture called pixel for 1.3m lol
it could also be a cartoon frog penis
some of these nft's going for crazy prices still blows my mind. i am definitely not the target market for them, ha
no it’s the future
a rapper sold 1 million nfts of his album for a dollar a piece in under a minute. i wonder what the average earner looks like. compared to these examples.
200k? those are rookie numbers.
obvious sign of an evolving species
normal people cannot really sell those for that much though right? i thought the scheme was that they make one themselves or commission one intentionally from someone they know and that way they can have it evaluated for bookoo bucks. can any normal person actually make money off of these?
oh another tweet that has nothing to do with ethereum... ...
the secret has been cracked!
teach me thou ways.
people sold india and it is constitutional values in the hopes of 15 lakh. beat that!
i’m selling a really good baby doge jpeg, it’s really pixilated also, i’m selling it for 20000 grand, if anyone is not interested, don’t message me, what? am i fully retarded? that’s rhetorical but the question mark makes it not so, all it is now is a contradiction
hahahahahah the rock 🪨 jpeg!!! and they call it art 🤦🏻‍♀️🤦🏻‍♀️🤦🏻‍♀️
deep. this is not financial advice.
it's crypto!! get it?
actually for me it was selling penguins for 4-5 eth
even if i had millions to spare, the last thing i would do is buy a picture of a rock... just do not get it.
it’s pet rock 2.0.
nft may be ?
my wife sells digital wedding invitations and animal crossing (in game) items. i've seen people make shit on ms paint and actually sell it on etsy (it was a johnny cash quote in a square). i will never again question what people will or wont spend money on.
they're not rocks, they are minerals!
i trust anyone wearing glasses !
the emperor’s new rock.
who creates these nfts and how difficult is it?
if i could just figure out how to do that!
i read about them as well but i cannot afford such nfts tbh. it's way above my reach but there are few which i might bag before it gets expensive like monocole. its mining power & radar is decent enough to earn some $$[game](
so, essentially, taking advantage of fools. 👉🏾 got it!
i love this twitter handle
and yet i still dont get it
i have a pic of a potato...using a potato.
pretty sure nfts are just to launder money.
no one bought my nft
i have an actual rock for sale. waaaaay more realistic. it’s like a whole bunch of jpegs stacked together.
lisa, i’d like to buy your rock
tbh not a huge fan of nft.
i'm a simple man. i'm happy just commenting on the post about the rock to get donuts.
no really, *ethereum is the future cause it has real users*
*but you also have to mail 5kgs of cocaine
where can i get a jpeg of a rock?
patel is always right
glad i have this weird shaped rock in my yard
aah so this is the secret to life
someone get a baby 👶 to draw me a 🪨 like right now 💡💡💡🚨🚨💸💸💸💸
or an 8-bit picture drawn by a kindergartener.
scan it, make it a jpeg and sell it so you can make some money with it.
this quote right here, better than 99% off the nfts. make an nft, someone might actually buy this.
got all this debt for nothing. should've just bought some rocks instead
make it into an nft.
instructions unclear: sold a jpeg of dwayne johnson
that is a *nice* boulder
it's a rich rock. indeed.
and it does not crash easy
worth every single one of those ,000
it’s not even a rock. it’s just a bunch of grey pixels arranged in a specific order.
so if i buy a random shitcoin, and go all in and it goes x100 in a day and sell it all and i am rich, does that make it a "smart" move, no, it was a good move in retrospect, but not neccesarily a smart one.
my mom bought two lakeside condos this year with her fucking doge coin. weird times =\
easy for you to say 200k is not much. you probably have multiple rocks...
you just sell more silly nfts.
really depends on where you live
it’s not a stepping stone, because you just sold that.
glad someone said that. acting like 200k or even a million dollars is rich really takes the target off the backs of all the people who just inherit and or horde 100+ millions dollars. then they design all the taxes to fuck the person who is finicancally well off meanwhile the people who are really wealthy pay nearly zero in taxes and have low "income' and access to finicial instruments and tax safe havens us plebs can only dream of.
or just sell 2 jpegs
it's a money laundering technique.
another way to look at nfts is to see them as a social status symbol? more of the main ones such as cryptopunks, bored ape yacht club, etc. since the metaverse is now becoming more tangible (in a sense) in the future, a pretty good comparison would be someone buying supreme. "it's just a jpeg" is along the lines of "it is just a shirt"
you're not alone but i'm definitely going to find out it is insane what these things are going for maybe i can do some sacred lives sanctuary and rescue ntfs to fund my nonprofit lol wonder what a pic of my horse could go for hahahah
well you see, someone has a whole bunch of illegally obtained money. and they desperately need to make it look like it was obtained legally. so they sell a random piece of shit for that illegal money and now suddenly they can use the money to buy a fancy car without the tax man sending them to jail.
you create something (and make it digital if it am not already), than sell the right of ownership to that something, there you go, nft. afaik that is how it works basicly.
they're the beanie babies that crypto supporters said crypto was not.
a good way to laundry money.
it establishes provenance of digital goods. it's the difference between owning the mona lisa, and owning a replica of the mona lisa you bought at a thrift shop. that is the idea in theory, anyway. in practice, we will see how it plays out. i think the idea of the space has potential, but i think virtually all nfts are worthless investments, so i have not even considered getting into nfts. or it is just money laundering... yeah, probably the latter.
pantone colors of the season as nft
i blame people that think they know what real art is
they do the same thing with shitcoins and before shitcoins they used penny stocks
it’s a shitty job but someone has to do it.
fain i has't this weird did shape rock in mine own yard *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
you non-fungible son of a bitch, i’m in!
turn into debt into nft- whoever buys the nft inherits the debt!
he’s gunna want a cut of that
this comment deserves more love. come on shrek fans. mount up
u don’t get it it’s future
can i sell the boulder in my shorts?
nfts are the real deal, axs has been really doing good in the market would you believe the price went from -time high of & pinknode too and coincidentally they are both polkadot based.
it's like winning in a casino
yeah. i thought about taking out a huge loan in march of 2020. it would have been a good move but not a smart one. at the time we had no idea if the economy would tank even further
penguin jpegs are going crazy now. penguins are definitely a better way to financial freedom than rocks
time to pick shovels and start *mining*
a rock or the rock 💪
it was a joke
you said the quiet part loud
but you don’t even “own” the jpeg… nfts link to a url lol
hem... what kind of horse ?... just asking...
i knew that little but i just don’t get how they become worth so much. somebody else commented money laundering i guess that would make sense.
nobody knows what real art is. it's an emergent phenomenon that arises out of people with too much money one-upping each other.
nfsb? a creative way to show how unique someone is...
one option is atomic hub.
peanut butter & crack sandwiches!
doubtful...but you never know
😆😆😆😆😆😆 literally ! 🤣
i guess with that train of thought... would you say purchasing a digital album does not mean that you "own" the album? i think as the metaverse continues to expand, the concept of owning the digital assets would probably be easier to digest. i had a difficult time trying to grasp this as well cause as people say... it is just a jpeg... but as i continued to try and understand the crypto space as a whole, it is slowly starting to make sense and click!
probably my quarter horse king 👑🐎 we also have a thoroughbred and an appaloosa . a couple of donkeys and about 100 other animals all together
i think it’s also a lot of people that got big money from crypto and are spending it because they can.
or it’s just straight up money laundering which i prefer to believe
imagine passing on a jpeg to your loved ones in your will.
you do not own the album, but all i want to do is use the album. i did not buy mc hammer's 'please hammer don't hurt em' hoping to turn a profit. i just feel that now is a bad time to sink money into nfts, i have a strong feeling this hype train is going to get derailed.
much more than the horse would!
this. if you happened to collect say 10,000 bitcoin in the early days, you cannot just easily cash out your ,000,000 payday (or even wish to, honestly). doing so could even influence the market and lower the value of btc. you can throw stupid amounts of btc at things like art though, because... it is just numbers on a screen, right? i mean you've got 9,996 more of the damn things and you keep earning more than that by the day in defi. hell, that nft might become an exclusive "first ever valued over ,000 nft in history" nft 30 years from now and be worth ,000,000 just for the bragging rights when bezo's wife's new kid buys it or whatever.
ok, so tell us all how it works.
or making royalties on it...
inb4 a rock becomes family heirloom
when should i sell my punk???
sounds like something a fed would say
knowing how money laundering works is not a crime. and it would make all these silly posts about it make more sense if someone could explain it.
but i like it as my twitter profile pic!
well… i would suppose that with an nft, i would create a business (an anonymous corporation in one of the many states or countries where you don’t have to thisclose who owns a company) that’s sole purpose is to sell nfts. then hype a specific nft for being the first… i don’t know, poop emoji nft… then buy it (from myself) for … or is that too simple?
what's the point of a company, anonymous or not? couldn't an individual do the same thing? and wouldn't the same thing work with selling any good or service via crypto, not just an nft? why bring the issue up with nfts? what you're really attacking is anonymous purchases of anything outside the existing system. which is my whole problem. everyone complaining about "money laundering" is undermining private exchange and crypto.
i’m not undermining crypto or private exchange. you asked how money laundering could happen- which is through an anonymous company. if you just obviously sold yourself something and said “i made ” the government could say “no you just moved , where did it originally come from?” and then audit you (but if you moved ’t audit you because they know you can afford to pay the good lawyers forever and still spend less than the taxes owed) crypto, like all tools, is not good or bad, it is just a tool to be used. it can be used for art or coffee or crack cocaine. i was passing no judgement- i was simply offering what a money laundering scenario would look like.
play your cards right and you have to take a 2nd job for evenings as well to cover losses in crypto.
this reminds me of the mitch hedberg “i used to to do drugs bit.”
now you'll work 24
atleast you will grow old much faster now, so less years to work 9-5. it's a win win
god damn same. i absolutely hate my job, i’m an internal tank welder and it’s rather humid this time of year. i’m saying like 110 degrees inside these tanks but i power through to buy more eth.
when i found crypto, 70% of my 9-5 job is now spent in the bathroom, on the toilet checking the charts.
education is life and learning is forever. even while i'm working 8 hours per day i mostly use my lunchtime to make research about new things happening in the crypto space like the traditional stocks that are now wrapped in the latest blockchain technology as tokenized stocks
i spend all my down time at work reading about crypto.
you will escape. i was able to tell my boss to go fuck off bc of investments ive made over the course of my life. had i not i would still be stuck there like a bitch
now i’m still stuck working but atleast i invest in something good
hehe. welcome to crypto. here’s an award for you 🦭
knowledge is power! use that knowledge wisely (hint: buy eth) 😸
hey its a start
look at the bright side. you probably now know more of crypto than the 100 senators. and you can also put more than two sentences together about crypto. not all is loss
still waiting on someone to contact me to be their money laundering front's receptionist, will request to be paid in crypto
i suggest you invest money in crypto. so that in addition to working, you lose money.
you're an early adopter!
knowing is better than being in ignorance. pat yourself on the back that you’re looking out for future man!🎉
you are mining fiat. i just did 10 hours of that. might buy some eth idk
i'm stuck working a 8-6 job to make up the time i spend researching crypto while working 9-5.
own 5 eth or 5000 ada. stake it. 5 -10 years time you will be a millionaire.
d 👏 c 👏 a 👏
give this baby time, it will grow
nice on op do not be thiscouraged you'll win some and lose some. dca is a good strategy, take profits please and always dyor. buy eth, btc and good alts you believe in and understand their usecases. network coin like matic and cennz are good to go now, cheap and scalable.
mining fiat to purchase eth, this is the way.
crypto market is very risky but it can make profit for you in long term investment.
and then i thiscovered crypto doesn’t always go up
what an inspiring tale
i hope at least you are into it xd
hahahaha. i’m in the club then. awesome 😎
before the pandemic i lost my job. i started looking in ways to make a living remotely and wanted to learn programming, and 3d modelling, and eventually push mobile games with unity... since crypto i've found reasons to come to terms with procrastinating all day and call it remote work x) now i'm gambling savings and only recently came back in the positive so decided to average down on my worst shitcoin investment, instead of selling anything. you gotta do what you gotta do. 🙄
but now you are actually doing less work and spending time on reddit and charts
crypto is the best drug
in the same club!
i hate my job so much. crypto is my only hope.
i also found out about hodl noodles thanks to crypto, lol! 😂
you're on the point 😂
keep working that 9 to 5. make that money and invest! that's your best strategy. don't be those lazy fucks on here that do not work.
do you really know what crypto is!!
crypto is awesome and 9-5 is not that is for sure. what else is awesome ? ousd and dai and eth all eth based projects that are also stable coins and return a yield.
at least my 9-5 job make sense since i figured that crypto thing out. so i know what to do with my income
i was planning to buy a bed and a couch... instead i bought some mina and some eth 😂😂😂
i used to work. i still do, but i used to do too.
ah, the best way is to make use of your 9-5 and pump it to crypto. that is what passive investing is all about. ensure a system works so you can pump funds into something that will grow in huge numbers this decade. wait, would you have to worry about your 9-5 then? hell nah! even better, ask your 9-5 for payment in crypto (just to ensure our comedy is not just about laughs eh;)
and you might not be stuck in your 9-5 job for long.
fucking hilarious my guy
i remember when i first found out about bitcoin 2013 i was sceptical and did not believed it will blow like that. back in the day i had enough money to buy some coins but did not wanna risk it. bad mentality because now i realised that you will never become rich if you do not invest. you have to give something to take something. yes, it might go down and lose money but you can always make money (as long as you are healthy individual). after some time i forgot about crypto and came back 2020 january to realise i missed (one of my favourite now) eth. i could not buy when it was cheap for numerous reasons one being did not know about it. still i believe i might not become millionaire but i can help myself in the future if i want to buy a house or do a business. the money invested now will pay off, but we all have to be patient and believe what we stand behind. i believe cryptocurrency will bring new opportunities and more prospects to the world. hodl and be blessed!
crypto makes me want to go back to school so i can learn to work on blockchain tech. does anyone know what kind of degree would help with this? it\computer classes?
doge lost me 200 bucks. that’s because i held like a dummy
and now you have even less money because you feel the urge to buy this crypto stuff lol
and occasionally, gas fees too
i know a guy who can turn 2k cash into 50k of debt
just quit eating and you would not need a job
you can quickly recover from those losses by using leverage!
🤣🤣🤣🤣💯💯💯💯💯 happens to the best of us. especially when you first get into crypto. lol
i just want a job that can pay me enough to recover from my crypto losses.
and you can then enjoy the ride
2nd job? those are rookie numbers. make that 3
>cover your losses that doesn’t make sense. you have to sell to make losses.
even better and you’ll be able to eat ramen everyday!
i used to visit r. i still do, but i used to too.
it is certainly a full time job. with lots of ups and downs.
have to always keep an eye on dem sneaky charts
crypto does such a great job at triggering my manic depressive bipolar :d
more like lose lose
i am waiting for the dips to buy, not fomo-ing right now since i see a correction round the corner. we are already overstretched overall all so need to cool-off before the next leg up. but some low caps like spdr, fcl is doing fine. i am even getting 70% apy on [spdr]( bags so it gets easier to hodl
i hate my job too but gotta buy the ramen and invest in eth
lol, i unfortunately think that most of us can relate to this.
70% that’s rookie numbers
that’s the important stuff. the job is temporary but education and knowledge are forever
that is the gwei
what are you investing in tho cos everything is 'something good' in the crypto space now.
i am adding some gaming blockchain projects as well to my portfolio this year apart from polka-dot projects like spiderdao, exeedme, dgc etc. i am already up 60% in profits on spdr.
how dare you you're not a financial advisor! where's the *sue* button?
mine fiat to invest eth seems good
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me with my 40% down 😂
this is why we need a bike to work instead.
oh boy. i almost forget it.
*leverage has entered the chat*
found the inverse whale!
my -70% account seems to agree
you can quickly ~~recover from those~~ *magnify those* losses by using leverage!
select 125x for maximum destruction * ahem * gains
that's how we attain them originally.
i used to stake eth. i still do, but used to too.
i used to eat. but i still eat.
also lose sleep and lose hair
crypto made me bald
best thing is to just buy regularly. smaller amounts but you can buy now and buy then when it drops. but as far as i’m concerned the best thing to have is an earlier by date regardless of price. waiting for some price that will never come.
i think this uncertain inflation will last until cardano releases smart contracts next month, and then it will suck a lot of eth's market cap as part of the correction. let the downvotes begin...
i added liquidity to mine.spiderdao.io today and wondering what coin they provide as rewards and if i need to add it to metamask
how are you getting 70%? i don’t know about that stuff and what makes you think we’re overstretched?
can’t go any higher, or else my legs will become too numb and fall off from sitting on toilet all day.
i agree with you job is temporary, education is forever and knowledge is light
i invest eth only
if btc falls below . the only way to hedge the fall are futures short positions or staking your alt holdings like i do for spiderdao on lau mining program.
i’m somewhat of a financial advisor myself
bike is the best! no gas needed!
the bike has a flat, so i have started walking, good for my health as well as my crypto & stock portfolio.
wait, you can cover transactions?!
i used to buy high and sell low. i still do, but used to too.
but you used to eat, too, right?
but it is not really wise having all your eggs in a basket!
how are you just gonna not to mention matic? spdr is lowcap but matic is a giant and mark cuban is on it. i will hodl both until eoy!
lambo driver here \^\^
i cant see this coin on my broker, whats its ticker?
all is needed is strong thigh and hamstring muscles.
bike is great for work.
shoes wear down faster than bicycle tires
i use to pay more to gas my etherium than i did to gas my car... until the london hard fork!
no—i'm trying to tell you that when you're ready... you would not have to.
oh no worries i have few shitcoins keep company 😂
typical bike maxi. no one else allowed to the party
ethereum. spell it right.
i invested in eth because i saw others liked it and i felt peer pressured into researching about it and the result was me liking it as well.
my favorite thing about eth is staring at the funny green line that goes up a lot, constantly rewarding me for my smart financial decision to put all my eggs in eth.
i'm not really sure about that though. i do not have very deep knowledge in cryptocurrencies but comparing btc and eth is like comparing gold with electricity. the two are really different. i really think that investors choose either of the two based on their risk tolerance. you know, the former is much more mainstream and stable than the latter. eth has higher risk which could also mean higher rewards. also, it is already 2021. it is clear that both would perform really well over time and it is time to take btc and eth more seriously.
yes, this is it. we should be breaking 4k today
i like both coins tbh. no heavy logic behind it i just like the coins
most people claim that they now “like” eth after the massive bull run-up. they probably wouldn’t like it if we were in a bear market. most wouldn’t give a shit if it wasn’t profitable.
i believe both will appreciate significantly. same reason i invest in anything.
with investing it is simple, just put emotions aside and choose rationally. investing should be boring and life should be exciting. but eth seems somehow rationally and exciting at the same time. conclusion: eth is life.
tribalism is such a weird thing.
no lies told at all. i just personally love eth. don't know if it is the name or something. i just love it
i hold both because i like both.
no other crypto sub shit talks other crypto as much as eth.
this is not true. i like hold bitcoin and i like bitcoin. i want to take power away from the abusive governments. i’m tired of inflation destroying everyone’s lives. i’m tired of at least half my country not being able to afford anything. the list goes on and on. i own bitcoin and i like bitcoin. did i change your mind?
most people hold eth not only because they like it but also they know that it is a technology that will improve itself in the future and cause a lot of new concepts of apps and ideas that will lead the world.
btc is great and its value relies manly on its scarceness and security. in the long run it will eventually become a boring but safe asset, just like gold imo. etherium, cardano, harmony and its associated coins on the other hand are fighting (and also collaborating) to build a new kind of internet, to bring freedom, privacy and control to the user instead of four or five companies or countries. in the long run it can drastically change and improve the world and that is what make them so amazing.
huge difference between them
i definitely like my eth
i do not "like" ethereum. i think it is the future of finances and hence a good investment.
i have used eth for various transactions and now i see why it will continue to succeed & grow.
how can you like something that is currently unusable due to fees, transaction errors etc etc?
it’s coming like a cult as the gas fees are absolutely ridiculous lol
well, a currency is only as good as its network effect, regardless of its potential, so it is not really that cut and dry
i like both for different reasons. btc has the most rabid die hard hold till death fanatics
most people have no clue what’s going on, let’s be honest.
and most hold ada because it just make sense.
btc to eth , looks like have a safely replace. it's just a time matters.
this is stupid. all items.
eth 2.0 is going to make more and more people like it if the btc energy consumption narrative spreads
i love eth more than my gf, and i think she knows it.
most people don’t hold either one.
the one crypto class i’ve taken so far, (i’m planning to take more) has gone all over how much better ethereum is than btc in practice. i believe strongly in eth
big oof. btc and eth do different things. this "budding rivalry" is something that people who do not understand. honestly why would you paint a generalization like this about 46 million people just in the us americans?
lol! circlejerk harder boys.
ill chaange your mind when you present sum facts!
eth cost me more gas in a day than my toyota echo did in a month... btc is like gold but better in every aspect...
reminder not to buy an asset purely because a rich guy with the surname of musk tweets about it!
btc is a shitcoin. yes it paved the way for most other crypto’s but it practically has nothing going for it besides notoriety. ethereum will soon overtake bitcoins market cap and become the worlds number one crypto platform. elon is touting doge right now but just like bitcoin, eventually he’ll drop doge and switch to touting eth. mark this comment and come back in 15 months if you think i’m incorrect.
i think people buy btc because everyone says it is a store of value and that it will go up. in reality it is actually not that good , it has its place because we wouldn't be here without it but it is extremely overvalued in my opinion.
what's to like about those fees? you make 200.
definitely locked in on
and eth is actually going places!
just waiting for btc to go up to 70k to sell it. other than its big marketcap it does not have any features
eth 2 da mf moooooon 🌔🚀
i never owned bitcoin or doge so me and elon are still tight.
people originally bought eth because it was affordable compared to btc.
you are actually insane if you think every eth investor is in it for the tech. i’m not arguing that btc isn’t a bandwagon kind of thing now but isn’t that the point, and without btc paving the way eth wouldn’t be a thought. at the end of the day: ethereum is controlled by essentially one human where as bitcoin is actually decentralized. ethereum is burned and mined at a rate that no one can consistently track where as the rate of btc mining is very well known and there is an actual finite amount that will be made which is very settling to me. ethereum is on aws where as once again bitcoin is actually decentralized. blockchain tech and the idea of peer-to-peer interaction is great but hasn’t proven out do the systems we already use in terms of efficiency and proficiency. bitcoin on the other hand has actual real world applications at this moment at least. so at the end of the day no one can really pin down exactly what “one ethereum” really equates to in terms of application. i hold both and plan on increasing my position in both but imo there’s much more reason to be bullish on btc and if you’re here today saying you’re big on eth because of the tech i’d ask for a comprehensive explanation as to what you think is so special about the current block chain system operated within ethereum at this moment.
what’s the plan with the fees? they are so high they make eth almost unusable. how can there be mass adoption if it cost so much money to use?
once i started digging deeper into the concept behind vitalik’s vision, i started to see not only the financial value of the coin but also how transformational it can be to the financial world of tomorrow. just know that we are holding a piece of history in the making right now.
oh yeah. utility vs commodity. what do you think the long term will be like?
as for me, i like the token.
we like the eth
well i like seeing the funny green line go up it brings me happiness
same for monero. there is no news about it. just people who know the technology is awesome. i’m interested as to anyone who can successfully implement smart contracts on a completely private blockchain
some people hold xrp because they know when it’s day comes to shine it... it will be much brighter...
after looking at both what will perform well and the actual functional use which should give it long term support, i went with eth. that 10 dollars i tossed at stellar lumens? the logo and name give me starfield vibes and i'm all aboard that hype train. choo choo!
i think you're wrong about btc and possibly downplaying it is importance. remember the market as a whole follows bitcoin. i love eth too, but you gotta love bitcoin as much as eth. we wouldn't be here without og, btc.
eth is my favorite followed by doge <3
most people hold crypto because they think it will make them money
i hold a touch of btc because why not at this point. i hold eth because the use cases attracted me, such as crypto kitties. got priced out to do anything though, so i day traded a touch, kept slowly losing equity. it sat untouched in gdax? now rebranded coin base pro until last year. now my eth is staking in coin base. what i'm saying is i like crypto and i hodl, even if i'm currently limited in use cases due to gas fees.
i like money. therefore i like eth.
i mean, personally i like both. i probably like eth better because it’s much more useful to me, but i love btc for how revolutionary it is, and what it started even though the tech is not as advanced.
not sure why people are always on the btc hate train, i guarantee it’s vitalik’s favorite after eth. to say it has worse fundamentals is a clear misunderstanding of fundamentals - blockchain, peer to peer, decentralization are btc fundamentals that have been rock steady for 12 years. literally every crypto aspires to one or more of these fundamentals, it informs the entire space. i hold both, but the tribalism reeks around here sometimes as if people are just salty they missed the btc train.
eth is so exciting, using uniswap and dapps feels like magic.
i do like btc as a store of value i love eth for what it is.
no one likes or gives a sht about any coin. coins are bought because they produce gains. if people stopped making money, this whole thing would be forgotten for the next big thing.
tl:dr 🤣 i love eth because of its capabilities, this is why i'm currently holding only eth based tokens aside from eth. if you care to know, uni, maker, aave, xfit and matic.
plot twist: i like eth because i like vitalik
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [bch]("last usage")[coin] bitcoin cash [btc]("last usage")[coin] bitcoin [dapp]("last usage")decentralized application [etc]("last usage")[coin] ethereum classic [eth]("last usage")[coin] ether [sc]("last usage")[coin] siacoin ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(6 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 7 acronyms.) ^([thread for this sub, first seen 14th may 2021, 15:18]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
i hold both. the thing about btc that got me is not just adoption (that is what i thought the argument was). i think now it is more about adoption & simplicity. it's minimalist a bit like a unix program. it does one thing. eth is more like a full computer. it can do more, it is more dynamic, but it also has much more complexity, which means more attack surfaces and greater storage requirements. i like both.
id have to be able to read other peoples minds to change that persons mind.
that's 100% me. i hold both but i hold bct begrudgingly because the market may keep making it successful in spite of itself.
“bitcoin is digital gold” - while this is a nice flashy catchphrase to use, i think long term it will be true. bitcoin will become the defacto store of value coin while things like eth and tokens based on it will likely be used for processes and transactions on a day to day basis. but idk just thinkin out loud here.
eth is the no brainer...nano is the currency that i like but others don’t.
how do i invest in bitcoin like how do i start buying it and selling it ?
also how to get into eth too ?
a lot of people are under the impression that btc is the only asset with potential. one side is educated in regards to the industry, the other are looking to get rich quick.
and people who hold do so because the love it 🐕
i currently hold only 3 cryptos. btc, eth, and algo. i tell everyone that i only hold btc because of the name. if i had to sell one, i’d sell the btc because it’s a project i don’t personally believe in. algo and eth are going places, i think btc is at its final resting place tbh.
don’t shit on the king guys 👑
i hold bitcoin because it was literally made to be a store of value. it also doesn’t correlate with many other investments, making it a great hedge. i love eth too, but it’s for entirely different reasons.
i put in almost all my saving into ethereum and only 4 stacks on doge, looking like i make good choice.
i do not hold either because i'm poor :)
if you truly believe in eth, y you bash other coins? that's what insecure people do, just saying.
i mostly hold because i forget to check
imo most people do not understand the difference... btc, eth, doge... the night as well be the exact same coin. very few are willing to dive into understanding what crypto is, how it works, and why it hold value. and even fewer people understand blockchain or what the purpose of mining is...
hello guys, i'm btc hodler and decided to convert few satoshis into eth just to have a bit of fun 🤪🤣🤪🤣🤪
nah. i don’t like eth. not version 1.0 anyways. i hold it because everyone else is using it on important projects and it outperforms a lot of other cryptos. but proof of work sucks from an energy and hardware efficiency standpoint. waiting for 2.0
eth et 📞 home 👽 🚲🌑
reject both because i hate people liking stuff as much as i hate myself! disclaimer: i actually have both but the rest still applies.
not true. i love both but reading the bitcoin whitepaper was more of a "holy crap, this is a revolutionary, world-changing idea" than anything else i've come across.
this was true until about 5 months ago. now eth btc and doge are the same story
truth those etc and words be very similar to r
well, both are making money. the markets are irrational. nobody knows anything 🤷‍♀️
most people hold btc because they assume it will go up in value. most people hold eth because they assume it will go up in value.
i hold safemoon because cannot afford eht or btc🤷🏻‍♂️😐
you should post this in the bitcoin sub and let me know how it goes for you.
i bought bitcoin for the ideology. i bought eth for the tech. hodling both.
most people in crypto usually got annoyed by something happening in regular finance.
i think that should read: “change my mind: people hold btc because they think it’s going to . people hold eth because they think it’s going to be worth as much as btc some day. people hold doge because they think it’s going to be as much as eth some day.” simple as that. who really owns crypto because they plan on spending it? i’m just in crypto because i like that we all have a say in how quickly we want to get rich, free from a manipulative market designed to benefit the wealthy, free from public view.
very insightful. never thought of it like that, but true!
strongly agree on the “for now” part.
known as they say aka killer ! woe! anyone ever heard of this shib ?
people hold crypto because they are hoping they will get a bunch of money for free cmm
what's up with the btc vs etc battling lately? ... they are wagering two different battles... [confused obama gif]
the technology and the workings of eth is just staggering so completely agree, if any crypto has a chance of changing the world it’s eth and it’s not even a close competition either
i have eth because someone told me
i agree, and only a few liked hodling insurance coins like bmi, nxm, and infi. one should atleast have any of those to be protected. you can check bmi and nxm to be covered from general risks. but, if you need more comprehensive coverage, you can check insured finance.
nahhh, i hold btc because it’s a store of value backed by the most hash power making it the most secure crypto, and it has a sound monetary policy with a fixed number of coins.
i hold both, because i like both.
this guy likes tool and eth and so do i.
you are describing me...stop, it is embarrassing!
i like my one whole eth
i mean, i presently have no use for it aside from it being an investment vehicle. i may one day soon need to use stable coins built on it though as a result of the investment activity, so i guess there is that.
i invested in eth because i know that in the future eth will be better and develop and will be number one
🙄 i hold both. i like both.
geez, i cannot believe that just an article about beeple's nft made me research about nfts, and then down this insane rabbit hole and then learning about eth and now i'm here. and i do not regret it. in fact, i wish i'd known about it sooner.
yup! i got eth after doing some research and liking it. then got some xdb too after the bittrex listing and litemint partnership. now i have both
i invested in doge because elon told do it🙄
i hold both. don’t wanna miss out 🤫
coinbase.com?src=android-link lets fuckin go
bitcoin needs to pay carbon tax for the environmental impact.
change my mind: no.
why would i change your mind when i think the majority of an eth sub would agree with you. my btc makes me sad, my eth and ada make me happy. edit: grammer
what makes me wonder is that btc has value because people believe it does. you need to bring another person to buy btc to increase it’s value. on eth side, there’s burning eth was eip-1559. network security via pos and the network usage? massive defi and visa is settling transactions here! price flippening is due, sentiment already happened
i believe in eth
that's just generalizing. a person can like both btc and eth.
yup that is it
this is some true ish right here.
i hold some eth because day traders and miners who ape and fanboy over it inflate the price but i do not like it cause i do not kid myself. cardano will take over as the biggest market cap eventually. fuck proof of work mining.
there is so much to like about eth! it’s an asset that has the potential to change the financial world as we know it
lucky you, you weren't around bitcoin cultist people who call eth a shitcoin as anything that is not bitcoin. just by coincidence, bitcoin is one of the coins with the worst fundamentals, just because it was a the first one and has not evolved. improving, as eth does, is key to be keep being relevant in the future.
wow, that is much less peer pressure than i was subjected to. my friends beat me about the head and genitalia something unmerciful until eth was purchased
i invested in eth because of vitalik's cool unicorn t-shirt.
eth motivates me to go to the toilet more often to check price. hence eth is very good for bladder health.
the line god. green line = line god is happy; red line = line god is mad. fed must make sacrifices to keep line god happy.
well all appreciate that :)
yes most people like money
i only put 95% of my holding in eth. im regretting the other 5%.
are currencies supposed to be circulated though? i feel like i’m missing something from the frenzy going on lately. why does holding onto something valuable without selling benefit anyone?
it doesn’t bother you that doge is more than twice as good? edit- damn you guys can’t take a joke at all 😂😂😂
we did it! now let us break !
i was giggling with excitement when we broke . this is like the millionth milestone i'll be celebrating and i love each and every one of them more than the ones before them!
we back at 4k!
here we go 🔥
agreed. they are mom and dad
i love both as well and the scarcity aspect of bitcoin is very real. btc has been on sale in my eyes. i hope it continues to go down because all it’s doing is stretching for the inevitable slingshot to new heights.
which is why those who invest in something they like are in the end the ones with the most profits off of it.
you’re absolutely right. hell, who wouldn’t like something that has made them a nice chunk of money?
yep, as much as people may like these currencies, for the majority, they like profit a lot more.
just because people are clueless and sell something that will change the world does not make me stop liking it. and yes i held through the last bear and kept likeing ethereum regardless. that's how i held.
insecurity is the root of all douchebaggery.
deflation doesn’t solve economic issues. see japan where they’ve been deflating for decades. it causes a problem, why buy today when it will be cheaper tomorrow. this is all around bad for the economy. that’s why very mild 1-3% inflation is actually wanted in a currency. ofc traditional investments that outpace inflation have always existed as well. i guess i just don’t understand this narrative. people are acting like the usd is like the turkish lira. it’s nothing like it and never will be.
i don’t appreciate supporting useless systems. how does it help in the growth of the crypto market anyway?? imho we should join projects like tribeone for our greatest interests.
this is why more people need to learn about the eth layer 2 solution, polygon. it literally solves ethereum’s gas issue and efficiency problems right now, with a working platform. looks about ready to blow up soon and eth should ultimately follow. though no one seems to understand it :’(
the btc energy consumption issue is pure fud. i'm willing to bet elons just gonna come back some time in the future with a "solution" to this problem in order to turn a profit. no one is legitimately concerned about bitcoins energy consumption, it is simply not an actual issue. most power used for bitcoin is cheap, clean, renewable energy as well. the whole narrative is purely used as fud in an attempt to drive the price of btc down.
🍆💧🥯 we're playing soggy bagel
i think it is even safe to say bitcoin is a shitcoin regardless of whether ethereum does well. it's obsolete, functionally limited technology that fell into a niche (that is largely fictional) after failing at multiple of its objectives. to have any narrative at all, it *has* to be a 'store of value', because if it is not, it is nothing at all. in truth, it is nothing at all. it's like investing in laserthisk in 2010.
pos sharding roll ups there are technical solutions being implemented for that in the eth 2.0 package releasing this year and the next year that will solve this high fee issue.
the fees are as high as they are because its being used. if it was not usable, there would also be no fees. it's just being used by people that can afford to use it right now.
i will definitely use utility over commodity, just like how the sc capacities birthed the defi summer and the whole craze with it, these and many more are the core reasons why i may decide to buy into a project. without a utility, a project has no value
really, really expensive magic
you can buy partial coins. you can afford anything
yeah but my friends like it and the green line goes up
i actually think not changing as quickly (it does evolve, just more slowly), actually adds to btc's utility as a store of value. (i'm not a btc or eth cultist and i hold some of both.)
at work for sure
but i like money even more than most people.
i just diversified 2... i hate myself
you won’t regret it when eth finally has a large correction
felt the same about my nano holdings until papa musk decided to pump it to the moon. of course it is already going down, so that is thisappointing.
holding onto it helps retain the value of the entire ether, it makes it more stable. the odd trade is healthy but just holding is better long term. don't treat eth as a currency right now, it is not there yet. treat it as an asset with appreciating value.
we're the most transacted with blockchain in the world
it bothers me that doge doesn’t have smart contracts. it also bothers me that people think doge is “energy efficient.” it is among the coins that are far less decentralized because it uses less hash rate (so it’s not very secure.) ✌🏼
i just make a super smug face and tell them “i don’t do penny cryptos” then mentally punch a wall
no. it’s not true by any decent metric… and even if it were, why would that bother anyone?
eth is definitely mom, though.
facts anything to expand my bitcoin portfolio i’ll take lol and for ethereum i’m on this ride since ’m enjoying the ride up
you need to learn about asset inflation. lookup michael saylor, anthony pompliano and max keiser. you deflation argument doesn’t make sense, and you thisproved it in your comments. traditional investments that outpace inflation have been around, but people still spend their money. did you see the newest inflation numbers for the us. yeah, inflation is starting to snow ball. people want stimulus checks. they’re gonna get the. corporations are quietly being bailed out by the fed to the tune of hundreds of billions of dollar, this year alone. i don’t think you’re objectively looking at what’s happening in the world
honest question: who needs polygon once we have eth 2.0?
i agree, i have no idea why we’re getting downvoted when it’s just the truth 🤷‍♂️
can't do that either i have a coin or i do not, but not to worry im up to 3k since january when i started with 230€ so i slow going to get my eth too🚀🌑💎🙌🏻💎
well, in the same breath, they also cannot do anything to leave it or swap it due to the exorbitant fees. might as well stay in it.
btc = a commodity. eth = a new platform. both have their value for a reason, but ethereum does more than just have value for value’s sake. that doesn’t mean btc’s value isn’t important, though, at least for now. it’s growing popularity and acceptance among people who don’t know crypto allows for other forms of crypto like eth to continue to develop and grow. the coin ships all rise with the btc (and now eth to some degree) tide.
as soon as any coin surpasses bitcoin as the coin with higher market cap, it will become the reference also for store of value. this store of value narrative started in 2017, when it became obvious the lack of utility of bitcoin as a global currency.
same. but i did make a profit... and bought a new car soooooooo...
doubtful. ethereum will have a large correction and everything else will be green? just because ethereum was overdue for a run up and it happened does not mean a bigger correction is coming. ill be plenty happy when i cash out later this yr. when dips come, i accumulate.
i thought ada was the one tesla is considering? all environmental like
but no crypto is really a currency them, they’re just stock basically. or like art pieces.
the flippening is happening! trade eth for doge before it’s too late!!!!
great points if you know about it. i’m an amateur and was really just being a wise ass. i love the action in crypto and hope you make money!
ty! funny as hell😂😂😂, you are the only person who got my sarcasm
true, i was just being a smart ass anyway, i hope you make bank!!!
truth, mom would change the rules if someone cheated in 2017. btc would make you suck it up
lmk how you feel on the ride down
> you need to learn about asset inflation. i understand inflation. 1-3% inflation a year is **desired** in a **currency**. you want to incentivise people to spend otherwise business (and therefore employment) fail. > you deflation argument doesn’t make sense, and you thisproved it in your comments. no i did not. i said traditional investments that outpace inflation have been around forever. therefore btc is just another investment. there’s no difference, it’s nothing new, you could have done this before crypto with gold or a myriad of other assets. therefore btc won’t destroy banks and governments. it’s just another investment vehicle. you wouldn’t spend your btc would you? no because you expect it’s going to rise. so something that costs 1 btc today might have actually cost you 2 btc in a year? you see? deflation for a **currency** is bad for the economy. > did you see the newest inflation numbers for the us. yes many are saying inflation is because worldwide supply chains have been squeezed due to covid and therefore input materials are now more costly. this pushes the prices of everything up (*inflation*). fyi an increase in supply of money isn’t the only way inflation occurs. a spike in oil prices can cause some inflation. > i don’t think you’re objectively looking at what’s happening in the world i don’t think btc is ever going to replace a currency, because it isn’t one. that’s why “stock to flow” and digital gold is *plan b* i don’t think you understand currency and economics. very mild inflation of a **currency** is good for the economy. again, see japan for why deflation is bad. what will *take power from the banks* is defi. their business could be replaced by decentralised versions of their services. so root for that. btc is just another run of the mill commodity now.
polygon is made better with eth 2.0. more efficient eth means a more efficient polygon
>can't do that either i have a coin or i do not, because you do not want to? that's a dumb self-limitation. percentage gain is percentage gain do you think you do not own currency because you only have change and not a whole ~~dollar~~ euro?
there’s now “for now” about it imo. stores of value are inherently valuable, by definition. bitcoin may not be flashy, but it’s cryptographically secure and lacks inflation.
agreed. no reason you cant own both. if crypto enthusiasts want investors to throw money in then start being honest that btc and eth are made for different things and risk stratification... you know, like how they do it in the traditional world
inflationary coins are inherently worse value stores. they’re good as currencies though.
i mean i bought polygon and nano so i guess i'm being a little too hard on myself
ethereum will have a large correction, along with every other crypto. ethereum just has a lot of room to fall.
at the moment, yes. the use cases are slowly building for ethereum and it will eventually become more like a currency. it is still in it is formative years, which is why i describe it as more of an asset. it is not ready to be used as a currency. btc has long transaction times so it is more feasible as a store of value and i think most people agree they want it to stay that way.
lol you say you're being a wise ass but from your comment history you're consistently a wise ass about doge and how it is better than eth. lol, doge is a cult, even moreso than crypto is in general lmfao
so how’s it goin? i’ll check back in at 2k
you’re wrong about so many things, but i don’t want to spend the time on this. good luck
that i know, 10% from 100€ will be 10€ in any currency but i just cannot, and that is just how my brain works, cannot help it and would not try, i will get my eth my way👍🏻
strongly agree. yes, all of these things...”for now”.
it depends. pos are actually better for holders long term, as they are staking
you must be referring to the start of the bear market. that when its time sell. other wise the corrections you speak of have been roughly 15-25% throughout the bull run and thst will likely continue. ethereum doesnt behave like an alt coin anymore. no 30%+ correction after a spike. i agree the higher the increase the bigger the fall (etc, doge, file, etc).
ok... you got me...i don’t know why i keep doing it!!! i’ve got a tiny amount of money and trading doge has been like taking candy from a baby...eth i can’t trade- just goes up😉...but poking fun is also so easy on here! ✌️to you my trading friend
i’m not wrong about anything and it figures you have no response at all. all you can do is downvote and block your ears. here’s a source for my inflation claims: > inflation fears. everyone is suddenly concerned about inflation. recent economic data show that companies are paying higher prices for their raw materials due to supply shortages, and are raising prices to cover the higher costs. can you say inflation? if inflation is real, the federal reserve could be forced to raise interest rates sooner than anticipated. you ever heard of a basket of goods?
that's a much more expensive way to do it, but you do you
i agree that the start of the bear market is when to sell, but you only know when the bear market starts in hindsight. i believe we’ll see another 30%+ correction and i don’t wanna hang around for that.
or maybe i just have no wish to waste my time on you. lol. why should i? how do i benefit? your time might be worthless, but mine isn’t. have things to do, friends and family to see. dumbass
everyone is doing themselves! can't understand why everyone is trying to push their opinion and their thinking on others! keep calm and mind your own business.
there are signs the top is near. price triples in 30 days, price goes straight up. last cycle btc was like 30 days before the alt coins. i agree guessing the very top is impossible but we will sort of know it is all hitting the fan as it is happening especially if you were around last cycle. there may be another correction but if so we will move sidewys in the . lots of traders wanna sell and profit while lots of people also want to continue to buy in before eth to gets to high. we will see. best of luck
> or maybe i just have no wish to waste my time it’s clear by you’re post history that you comment much more frequently than i do especially regarding crypto. you also take the time to respond to me, but are unable to come up with anything except downvotes and insults. therefore, yes, you do have the time. so again, it figures you do not have the ability to respond, nor do you have any wish to educate yourself in anyway as you clearly prefer to remain ignorant. it’s quite clear that *you’re* the > dumbass :)
lol. you mad? dumbass?! haha. you’re arguing for no benefit with some random person on the internet. accomplishing absolutely nothing at all! haha. you’re life must be awful! i’m having a great day! i can spare 30 seconds to laugh at you! hahahaha. dumbass loser!!
for the record i am not saying the top is 30 days away. just wanna be clear. many are calling for q4. october time frame.
there is a 13 hour delay fetching comments. i will be messaging you in 30 days on [**2021-06-13 18:21:36 utc**]( to remind you of [**this link**]( [**click this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
i think i really hit this on the head.
haha the only one of us that got mad and started throwing around insults, was you. > you’re arguing for no benefit with some random person on the internet. so every reddit comment ever including all of your own? lmao, you really aren’t bright are you? :)
yup, i gotcha. i just feel like we’re so high up and in 30 days we might see some red candles on the weekly
why october? i was figuring its all going to pop in the summer when people start cashing out for vacations
coming back in to say i called it haha
coming back to say i really called it
[tip this post any amount of ]( (by [6:39pm utc]( to keep it visible.
that dude looks like an average shib investor
salvi here. pretty funny 😄
yeah they may all be driving 2001 corvettes by then lol
i like how btc is being seen as a reserve asset by latin countries. i won’t be surprised when russia and others start the same too... all of these countries are always under sanctions or restrictions by the us and they wanna break maybe
maybe one owner who brought all this his love only red
nahh, this one cracked me up 😂
many countries will be following soon...
i am wondering if those bigger and more important (in terms of being huge countries and important for the entire latam economy probably) will have the balls to do the same? i am pretty sure there more or less official pressure from the western countries to not do that (until they will too at least lol)
hehe, nice. we keep getting encouraged to buy the dip while institutions sell at a profit.
that guy is the perfect representation of some crypto traders i know...
this one time i
imagine man stepping out from ferrari to clean the road
why would el salvador be represented by a white man portrayed like this? just asking
u[tipped]( you 4.2 donut!
u[tipped]( you 0.69 donut!
no shit, only btc holders
i'm holding bitcoin but even if it reaches , i can only 3x my investment lol. i think the best way for people to earn those shiny red lambo's is by investing into launchpad platforms like polkastarter (not a big fan of it since it is not fully community run and an allocation is guaranteed for projects) and [gpool]( (has not launched yet but pretty optimistic about it since it is fully decentralized and has no central decision making body).
why would everyone get red?
are you trying to say people from el salvador are all retards or what. you bitch fuck off.
a$'s for sure 😂
well, they are! even a corolla is fast if you take the speed governor off and push it downhill.
hey that’s what i wanna get
is that... that animal blunde... nvm can’t even say it.
that is freaking great! 😂😂😂
kurva, co to jes...am ende 2:2😎
this is the best 😂😂😂😂
the president of el salvador make the right decision, population it poor for a century, from now on will be rich country of the world
just averaged up to my first full eth today! i can feel vitalik in my veins baaaaaaaaby!
that’s the town i grew up in!
c5 c5 c5 c5 c5 c5 c5 c5 c5 c5
el salvador on ethtrader? interesting. i will say this much, el salvador is doing much better then before according to my uncle. i was just watching a video the other day and was pretty impressed with the progress it’s made. hopefully it’ll continue to prosper because the people are incredibly humble and such a joy.
more power to those people
don't know why i laughed so much🤣
why are they driving the 2021 model? ;)
so you are basically saying that in my country, el salvador, there are no ferrari cars? let me tell you that you are wrong as in the usa not everyone has a ferrari but there are ferraris ... sarcasm or not in your publication but there are also people who can buy ferrari in el salvador... ferraris in el salvador ... 🤷‍♂️🤷‍♂️
one eye looks at shib and the second one at safemoon lol
hahaha my first award for you
which is still more solid than doge...
at least they have enough money to buy a car.
in 2025 c5’s could actually be worth quite a bit, they’re probably the most useful corvette of all generations
where are they going? my 25 ethereum, are still 25 ethereum today?
you do not think crypto will go up?
> some crypto traders you mean 90%?
what's your portfolio like
where you from? havent you seen mr. deeds? that white man is famous actor steve buscemi. in the movie, he is a bum who is given a corvette by an idiot billionaire. the movie is about a retard who becomes an overnight billionaire.
yes, but nobody cares lol
fella, what doth thee feeleth about chihuatoken? seemeth like a very much wonderful start f'r the team, what doth thee feeleth? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
and he rides on a cumrocket lol
think they are a bit more extravagant like the [cto of safemoon](
nahhhh those things are massed produced and can be picked up for like 10k right now. the z06 has a little more value but those cars are slow as hell compared to modern cars
i would be lucky to even ride a bicycle. the best i could do is attach some wheels to my shoes.
i’m salvadorian. exactly my point is it assuming they are “stupid” over money. my country may be poor but there are amazing people within poverty.
as a salvadoreno, i sent this to my dad lol
wtf was that 😂
ur moms a cumbucket hence you
10k if you want a pile of shit lol c5’s are one of the best corvettes you can buy, fastest by far for the least amount of money, which ironically drove the values up recently. everyone thiscovered they’re lighter, cheaper and easier to mod and all around better cars than a c6, f body, gto, g8 etc etc etc also, “mass produced” doesn’t mean shit right now. g8’s we’re mass produced and practically useless with the l76 and they’re fetching 15k for a good one right now, they were 6-7k 2 years ago. gto’s and 4th gen camaros have seen the same price surges.
we call those roller skates sir.
yeah. doesn't matter if 25 eth is 25 eth if one day it buys you a winnebago and the next it buys you a ford taurus. when you're talking active currency, value is crucial.
don’t you fucking talk about steve like that.
it’s not assuming anyone will actually be stupid with their money. it’s poking fun at the concept of getting stupid rich overnight. and it’s using a well-known english language movie to illustrate that point. while i lack the spanish skills to explain it more clearly, i assure you the picture is not the least bit insulting to salvadorian people.
not funny. you suck again.
literally anything before a c6 is trash.
you can have my left pair.
a few years ago you could buy a bubblegum with 1 btc, now you can put a downpayment on a house with 1 btc. good things happen to those who do not care about the price and just hodl.
over looking the fact others think its a hoke to be racially insensitive and only a cock sucker as urself would be able overlook some shit let alone condone it again and again like you been
but if it is your national currency you cannot just hodl. you have to buy bread so you do not starve.
you seem like you have some serious issues man
they have 400hp and that’s the z06. you put enough money into them then yeah they can be fast but a stock c5 is super slow
you are right but the more people adopt it the more stable it will be. btc and crypto in general will be much more stable once real mass adoption
if you do not have issues in the direction our democracy is headed due to the last four or five years is most likely cause you are complicit in making the world shittier esp if you have done nada damn thing in making a difference other than your supposed psychological evaluation.
read the comment history. definite issues. i’m going to leave this one alone before i end up in a suitcase with the words ‘white devil’ painted on it. we got you one to follow right here feds.
well yeah, the c5 market has been swallowed up by the performance crowd. not to mention corvettes are synonymous with modifications. that’s why the market on c5’s are booming right now. c5’s are the best corvettes to go fast in, a ,000 c5 is moliwhopping any ,000 c6 or c7. doesn’t take a whole lot to make power in a 6.0, cheapest ls motor to build for power. i will agree though, they’re slow stock, no doubt about it. you just don’t buy a c5 to go fast stock, and the market has soared on them which only means one thing
400hp at 3100lbs... they walk challenger scat packs like nothing. i wanna know what you drive that makes z06 look like a joke?
that's true, but it is kind of a catch 22. needs stability to be adopted as a currency. needs to be adopted to get stable.
ahh make the world a better place by making mom jokes! you're fucking delusional - just being angry does absolutely nothing, other than make you a buffoon. how, just fucking how, do you think your behavior puts you in any place to condemn anyone else? you're just as big a moron as the guy your username makes fun of.
a modified hellcat with close to 900 wheel horsepower
your a sell out. i do not go back and forth name calling. shit is lame
doesn't mean that every car below it is slow. it's also not all about horsepower. that c5z will whoop your shit around any track or autocross course. for straight line speed, a 5.0 mustang and faster is considered fast imo
lol good thing i don’t go to tracks. a miata is fast around a track too. doesn’t make it cool or “fast”
if you do not have driving skills just say that. no good driver prefers to race straight line
do you own a car?
yes but how is that relevant
you just sound stupid. you drive a slow car and that the argument most guys make. you wouldn’t be able to handle my car or any of the other high hp cars i’ve owned. you don’t have to bother responding. im blocking you now troll. enjoy your shitty car
mad cuz cannot drive
i canceled my 2nd pack of ramen to buy more eth.
you flex sooooo fucking hard on us every week
fuck i'm eating canned tuna and hotdogs(without buns) the rest of the month to buy more eth.
i canceled my popeyes sandwich order to stake that eth
awesome. hopefully they had a "sorry to see you leave" message with the ability to comment on why you cancelled.
what if lucid came out and started accepting btc as a f you to tesla
why get a tesla when you can get a lambo🤷‍♂️
elon musk is too smart to not have know about fossil fuel consumptions on btc. what he’a actually doing is petty price manipulation. i used to hold him in very high regard— but now i realize we’re just pawns on a chess board
now all we need to do is short the dog coin and his stock...
beast. i almost sold my brand new car to buy more
get you a 1998 toyota corolla and call it good.
wow just got out of the movies watching spiral and never expected to get to ! i hope more people ape in and cancel their tesla orders and sell (already down 15% since couple days ago). tesla should learn from gme and never underestimate the power in numbers. if apes can raise gme from the dead then we can kill tesla by boycotting them. it’s about sending the right message. 🖕🖕elon
you could not predict the future of course, but had you skipped the tesla part and straight jumped into eth, the .
rav 4 prime trust not a sports car but the utility is huge.
why would anyone buy anything when you can eth tbh
good idea not getting the fsd. that shits a scam at this point. i’ve got my order in for a cybertruck, but probably won’t see it for at least 2 years...
and i hope that many more people follow you
i moved back in with my mom to buy more eth
omg. i have a pending model x too
well done! you’ll be one rich guy soon
you can turn your 87k into 870k in few years. smart decision.
you are my man
good for you mate, cars are terrible investments haha
i'm boycotting all things tesla. i'll get my electric car from a more reputable auto maker after the market for them has expanded some. from toyota or some such other company.
i’m sure elon is hurt
hell yeah, you can get two ev authis next year cause fuck elon. also "dark ash wood", nice choice
so brave. seriously, this sub is devolving into a shit show
fuck elon. he’s playing pump and dump scams so he can get to mars.
guy probably financing , so congrats on having 1! :)
double kick on asperger’s balls... 😂👌
what the hell is a “destination fee”?
username checks out lol
in a few months time, you will be able to buy two model x’s
why did not you just buy it in a state with no sales tax and drive it home?
posts like this motivate me. keep it coming king
screw elon musk. a typical arrogant billionaire who does not care about the woes of a common man. vitalik is our true role model. a simple, down to earth person with a big heart. this is web 3.0.
okay. i did not know a tesla was this cheap... i guess the last time i price checked was last decade... i should really look into this.
elon played himself in the long run
you have opted investment over expenditure. good decision...
88k for a hypemobile fuck that
dang. a model x costs the same in the us as a model 3 lr in the uk.
now you can buy 3 model x’s
very wise choice indeed!! idk what a model x is but eth will make you money
hero. and i dont say that ironically
better roi, no doubt! smart move 🤘🏻 unlike a tesla that depreciates by 30% the moment it leaves the lot, ethereum is a rocket 🚀 ship to the moon 🌝.
my man has already a shittone of eth and decides to even buy more! lets goooooo 🚀
very smart. eco friendly too!
canceled buying a house for eth 😁
personally, i think the teslas are kind of ugly with their interiors, so made the right decision
i cancelled buying anything to get more eth
but more eth, get two model x
the fees tacked into that is ridiculous. almost
now you can almost start your own stake pool, congrats and fuck you.
god damn chad move
fuvk em. this is what they deserve!
if tesla doesn’t take crypto, crypto will take teslas
best decision of your life right there.
i canceled my model x because i barely afford both food and rent
trading a liability for an asset will never go wrong.
well done! i won’t be going forward with a tesla either
back to moon lambo instead of moon tesla tbh
well guys, we finally found it. i present to you, *the way*
eth has maintained strength last couple of days. i added more at 3900 then fell to 3600 and i was like oh no and now i’m oh yeah
i cancelled my grubhub to buy more eth. who needs to treat themselves to an overpriced food delivery service when they can invest in eth?! i tried my hand in doge for the fun of it, aged me and got ptsd within 24hrs after losing . lol for now on, im just sticking with eth.
i just see the “paid for” pic...and a bunch of words at the top. no cancelled pic->eth pic. karma whore. i’ll take the downvotes 🤘🏼
think of all the gas youre gonna save!
elon is a tool bag narcissistic bing bong.
yeah f elon did you see how they sold btc to stay profitable this quarter?
cars are depreciating assets and just get you from a to b, good choice
documentation, order, and registration fee \*signs a transaction on literally any crypto network\* cost: .28 wake me up when we're doing that, im going back to sleep
lol dumbass teslas are on back order. your place is just immediately taken by the next in line
soon you can get 2
i cancelled my... i forgot...
meth is one hell of a crypto.
why you nerds ordering tesla?? we in this for lambos.
i cannot afford the car i have let alone a tesla. but now i do not want a tesla.
you deserve all the good fortunes.
fuck tesla buy ferrari!
hopefully tomorrow will be able to buy it again with eth
buy a lambo instead when eth hit 10k.
cancelled a depreciating asset to buy an appreciating asset. genius!
i canceled my model s cause they tried to get me to drive away with a damaged car. haha!
am proud of you boy!
tha new electric cadillac looks nice. he'll with tesla
i cancelled my ps5 to buy eth
i went with just the sandwich no meal deal to buy more eth.
good for you more should do the same.
walk now... fly later
that's crazy! but i do not want to miss out wishing you all the best mate
buying anything was never a problem but after buying holding that thing is a great problem dude!🙃
give him a fucking beer
going to pay a lot more in gas now
respect, you’re gonna become so rich
im confused did elon say anything abt eth?
i cancelled my life to buy more eth.
im glad you did. after musk did that shit with btc calling it out for it is carbon footprint after profiting was bullshit. elon is a hypocrite because his company knew btc had a carbon footprint before they invested a 100 million into it. after he sold he said tesla wont be selling any btc and we wont accept it as tesla payment because carbon footprint. the sec should get his ass, elon is a billionaire fine his ass he can pay it.
elon's just been doing what he wants
this is de way
i really do not understand attention whores like you.
you lost your deposit though...haaaa-haaaaa!!!
at least you can move the car without paying a brazilian dollars of gas tho
that's good...that is very goood.
why is this car so expensive, it’s a toy
i didnt buy a luxury bag to place more inneth lol
i sold some of my bitcoin for ether, do not know if that was a good decision or not
wohhh ! u are one of a kind that we need “
damn, where do you have all that money from. 88k, are you serious. where did you get it, did you pay taxes on that money? have something to spare?
this is what i came here for. elon is truly trying to make doge his own and i suspect he wants to flip bitcoin with is. sad part is the world is so pathetic they just might fall for it.
you will buy a tycan later. or you will convert to electric a restored iso grifo.
have you tried shakepay? sign up with my link and we'll each get : , goes down to !
i’m thinking of selling my 430d i’m not even driving anymore... and that would buy lots of eth
save more fossil fuel that way. takes a lot of gas to extract metal and lithium. 😂
you’re going to thank yourself
i'll take it if you do not want it...
get a porche taycan instead, faster and nicer to look at
just buy a miata dude wtf
wow 10k for long range... quite steep
i canceled my meth to buy more eth
this is a really good investment decision!
cars are a bad investment. eth is a great investment. anyone seeing this could send me 1 eth and i guarantee if i held onto it, i'd have more money than my bank account. also, i've never seen 1 whole eth. i imagine it is like owning 1 entire everlasting gobstopper while never having to meet grandpa joe. edit: spelling. thanks, bot dork.
very good il buy your bags at 280
can somebody explain eth? i’ve tried looking up the symbol but i don’t see it. thanks in advance.
give that man cookie!!!
thank goodness you canceled that ! now you can buy all the eth you ever wanted!
welcome to the gang
government considering taxing every transaction with currencies other than dollar. inside theory is not usa currency and like every purchase of foreign currency is taxable. 🤨
do it! and then buy tesla shares to buy your tesla.
or just buy a normal car way less money they both get you to where you need be 💁‍♀️
fuck you elon 😘
nice one! let elon stuff it!
unpopular opinion: the pump and dumps are not intentional (except for dogecoin, but it is a meme coin)
ethereum god no 🧢
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has acronyms.) ^([thread for this sub, first seen 15th may 2021, 16:30]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
i've contemplated selling my model 3 to buy eth. but i love the car too much.
i cancelled my unborn son to buy more eth
i think you meant, "fuck elon and bought more eth" instead lol
what projects would you advise to participate in, some worthy ones
in 3 months you'll buy 3 of
very nice ,but keeping or stocking eth is not investment, i invested my eth with a firm that handles my crypto portfolio they trade on my portfolio and give me returns monthly. they have skilled traders that trade on your portfolio.
you guys only hate on elon because doge likes him.
eth classic will hopefully skyrocket to 😮
you can hold your eths in feth and even get more rewards in eth:
hell yea. get fucked elon.
i’d wait for the bull market, it’s going back down to -.
nice flex. canceled my 88k car to gamble on digital coins that may or may not have a purpose someday in the future.
well, i have always treated defi projects with some doubt, because their cost is not backed by anything. . you can rly hold your money in it.
i was going to buy one this week. now i will choose a different auto. he’s a fucker.
we must h.o.d.l , we are hodler , we love ❤ , love , available on coinbase 6-8 week. fuckin sell !
how i wish to know how it feel to cancel any products that you afford to buy.
ok, none cares what car you drive...
yeah think i'm more on your level than cancelling 88k usd car ahaha
2nd pack? must be nice!
no seasoning today, so i could buy more eth...
there were people who bought at that price
you the real mvp
fees cost more than that pack you actually lost 2 packs from buying
told my gf i cannot take her out to dinner until eth hits 5k :( help me out lads there is only so much ramen she is willing to eat
i cancel wedding to buy more eth
i went on a 7 day fast to buy more eth. best and most profitable weight loss method!
toss me a paddle, brother... i think you and i are in the same boat
and that eth will buy him not one, but many teslas in the future.
almost enough for staking. definitely better than a car which is a liability. just buy a bike and be crypto rich :) edit: actually true crypto rich people do not have a bike, they go by walk.
and many teslas in the future.
21.75 is a pretty small number xd
i’m helping lead this bull charge!
if gas fees were lower cause i would tip you a hamburger and a beer — it would have to wait until eip1559 remindme! 69 days
i still drive a 2009 camry my first car ever. i sold my vette and bought eth at . i sold eth at 1200 in 2017 to buy the vette. i’m up.
stupid cheap where i live
i mean thats out of reach for like 99% of the world if not more.
dude, its a model x. the base model is 700 horsepower and the performance hits 1000. 80k is dirt cheap for that. its got quarter million dollar supercar sized balls.
i immediately unsubscribed and reported to spam
totally order one asap
this. this needs to happen
exactly eth has room to 3 to 5x by the end of this ball run. it was never “when tesla” it was always “when lambo”
a second-hand vw polo maybe?
exactly this. don’t fucking buy into his bull shit buy buying doge. you are literally his little bitch when you do this.
i think he has something in the works to make mining more green
i did sell my car to buy more. to be fair, i was gonna sell it anyway because owning a car is an expensive headache, but still.
this is what i came here for. that psychotic megalomaniac is going to try to make doge his own coin and flip bitcoin. the masses are so dumb they continue to follow him. we can’t let this shit happen. please don’t sell out by becoming elon’s little bitch people
yeah cuz you can see the future?? don’t shit on people fr
that’s the goal! sold all my tsla stocks too
check out the lucid air 😉
i paid 100% cash check the bottom ;)
it's a manufacturer markup. you pay it even if you pick it up as it rolls off the factory line and you're the first person to touch it. it's a hidden fee basically.
don’t know but that alone cost me 1.2 eth around the same time the car was paid in full for early april delivery and now that’s been pushed back to november. i’m really tired of tesla and elon. don’t even get me started on teslas customer service.
well afaik tesla's are all ordered, you do not drive them off a lot. so i assume it is basically their delivery fee. something they slip in there that you cannot do anything about because what are you gonna say when you're already dropping 70k on a car?
i’m not a smart man
they are crazy cheap, you can get the basic one for £30k
i have waded so far into the comments to find just one person who said this. i do not know anything about "eth," but i do know that there is only , not . and like everyone else seems to believe?
then what's the paid invoice line on the bottom about? is that just for show?
tell us where the bad internet man touched you. it'll be okay. promise.
look at that weekly chart and tell us more about peaks.
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i see you're a man of culture as well
grand idea stands behind , they gonna rock soon
nah that guy is a shitshow!
guys please ignore my retarded uncle
how do you avoid the "order fee" is what i'm wondering... don't place an order? edit: just show up at a random tesla shop and be like, aight where's my car?
low sodium so that’s good.
but those are all the nutrients! i just eat the pack
if you had told me back when bitcoin first got going that one bitcoin could buy you a tesla with money to spare in just ten years i would have said "wtf is a tesla?"
yea fuck tesla. lol
fuck teslas, buy lambos.
i wanted a tesla before elon showed his true manipulative colors. still gonna buy electric tho
stop with the tesla circle jerk. the cars are crap. porsche has a much better model and all manufacturers are releasing their version soon. no need to buy a tesla if you want ev
i think tesla is too hyped, i’ll be waiting for lucid motors instead
if he plays his cards right, maybe even become a shareholder in , vote lonny out of the captain's chair.
tesla will be left in the dust when the big auto makers start putting out electric luxury cars.
i’m curious. you don’t expect a bear market anytime soon? personally i think the time to buy huge amounts are past and by looking at 2017 it’s probably a good idea to keep the fiat ready or as a car for the time being. i mean do we really not think the next bear market floor will be much lower then 4k?
it’s bigger than 5.
what do you think is min?
thanks pimp! i love tb i s community
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nice and congrats on being up!
what kind of vette you got
you're treating them like an ex who cheated on you. love it.
🙌🏻. i hope at the next tesla earnings call they have to report a large number of order cancellations.
do you mean baal run :?
lambos are maintenance hogs, plus not everyone is gonna learn to drive a car with that much motor. the average driver is likely to wreck it in the first month. if you don’t wreck it, you’re gonna bleed a lot of money into keeping it running well. high end machines take more love than say a honda civic that you can ignore the oil change warning for a few months without breaking anything. lambos are fun af to drive - but you can rent them and not have to be responsible for fixing it.
i never got why everyone loves depreciating assets (cars) so much. i will always drive a shitbox
you’re smarter than i am
i was highlighting the potential of investing in eth, i apologize if it seemed like i was shitting on him.
even carthie wood threw darts back at him with an epic tweet today about an article from forbes in the 90s saying ordering books on amazon was a waste of energy
idk why you’re getting downvoted. my boss buys a limited edition porsche every 2 years and sells it 20% higher than he paid for it. you’re technically right.
i'm pissed that some greedy half wit degenerates hate on musk because he did not pump their coins enough
lol! i mean i guess if a few grand is not gonna affect you then by all means give it to your local government. i'm sure they know how to spend it 😉
i am just now realizing there were government-assisted subsidy program to buy these. ah man, here i was thinking each tesla cost the same as bmw i8
how is that eth going on for you?
yeah a guy who's accomplished more in his lifetime then any of us in this thread is a shitshow. ok. like i said you only hate him because he likes doge. change my mind.
yes, it’s so easy. just try it with bnb or something. test with 100 usd equal
look at the last two bull markets. 80-90% correction is coming. it will bounce back in 2024-25, but the bear market is coming. hodl
be like to the salesman "yep you place the order so you pay the order fees"
ramen to you too brotha, and to you all
put some boogies on it
why? tesla single handedly moved an entire industry towards a better future. elon might be a nut job but let us not thiscount what tesla is doing for the auto industry and battery tech
just buy a toyota for everyday lmao 😂
i”ll think i’ll be happier with a tesla. f every other car maker.
get yourself a lucid air
volkswagen is going to be right up there with the top ev manufactures. the new authis are sick and the porsches like you said will make tesla look like the chrysler 300. then volkswagen has the lambos, bentleys, bugatti’s, and then their own lol. no competition…dude is nuts
actually i thisagree with the you statement. i can’t even describe why it is so good. true the interior materials are no where near as good as mercedes, audi, porsche level. the servicing and fit and finish is not the best either but with all these factors against it, the greatness of the ownership experience makes up for all of its flaw. i personally have 4 teslas now and have 2 on order. it makes the best daily driver. i have owned many cars and still do have quiet a few cars now including mclaren, lamborghini and amg gts, supra tt, nsx, ducati, etc. the tesla is what i am most comfortable in. everything is hard to do in other cars. it is literally like owning a cellphone and just plug it in. no oil changes, no fluids, filters, belts and hoses. it is incredible and the cars are fast. it may not be as fast as the 720s or performante but in the street it will beat any of my other cars at the stoplight hands down. the taycan turbo s? i didn’t like it enough to buy one. i wanted to like it but the powertrain felt detached. the handling was better but just didn’t jive with me. with the new plaid plus coming it, it will be the quickest car in the world.
min -0 max- eleventy billion
why is your username a different colour?
2017 c7 stingray it paid itself off renting on turo as well. sold it with 50,000 miles on it.
is that a rx7? i loved that car
i still drive a 2009 camry i’m a multi millionaire too. this tesla order was a tax write off for my real estate business.
why settle for andariels mask when you can have a shako
i really need all that mf right about now, i would have never thought a common rune we used to throw away would be worth so much.
everyone’s moon is different
actually these ones in particular and exotics are selling for over msrp used
all good just saying he couldn’t have possibly known this at the time lol
because it’s reddit and even if something is objectively true but you don’t like it you spam that little down arrow and boom
people are mad because he’s manipulating the market intentionally. period. how can you be that dense?
i do not think so?
lol, the same as the rest of the market is, gfy
with the exception of three weeks, eth has hit ath every week since last year. it's always at or near ath outside of major market corrections which rarely have to do with eth performance itself. waiting for the dip is a good way to never invest
doesn’t change the fact that he’s a shitshow🤷‍♂️ you love (probably want to have his babies) him we get it… good for you!
i mean, yeah it’s the nature of the beast but how do we know eth won’t hit 6 or 8 grand before the reversal?
there are people who'd say you're wrong to do that, but not me
tell that to the south american slaves mining his lithium.
because elon musk is a turd. i’ll support other ev manufacturers.
tesla builds shitty cars. they produce good batteries though.
i wouldn’t say he’s nutty. he is eclectic that’s weird but rich
elon paid for people smarter than him to design the tesla than thiscredits them...look up peter rawlinson, elon denies him ever being the chief engineer at tesla. now look at lucid motors and how he says its better than tesla
i’ll look into it ty! my eth is getting there so hopefully in a few months🤞🏼
on a different note, how moronic is it he is spouting green energy bull shit while simultaneously running space x. call me crazy but i don’t think space x runs off green energy.
come on, do it! buy . do it! it’ll be fun!
can you please buy me a tesla?
you can choose from different flairs if you get a subscription to this sub. the red color came with the bull icon flair
i’m currently saving up for an 02 c5 6 speed
smart. could you be my mentor? :)
even worse than cheating
exactly, earth may have one of the biggest moons in the solar system but mars is content with it’s two potatoes
oh, heh. i guess that is why people call it an "everything bubble"
you're absolutely right, i rephrased my original comment.
musk does not give a fuck. he does not need crypto money. how can you be so dense? and if he did manipulate it i'm glad that he is shining a spotlight on this serious weakness of decentralized systems.
lol you're just emotional because it is money. you do not actually give a shit about this guy. thats why you want to make me look like i'm some sort of hyperfan... not true though. he genuinely think he is a cool dude doing what he can to help people. but hey you do you boo. i'm just slinging facts.
i‘m wondering that you are able to get eths with this mindset... but you are the man.
did you checked the page, read the text! i guess no. but keeping being a ship and miss good advices... bye
it very well may, and i’m not saying it won’t, i’m just saying now is not a good time to buy. long term it’s my investment and i believe in it greatly, but i’m not going to buy in while the price is going up.
comment sent using a device made in slave labor sweatshop in asia
all right then fuck you bro, tell that to your phone where materials were mined somewhere in one of the cave mines in congo. like damn bro you people are so short sighted, go throw your phone away if you don’t like slave mining because the same process was used to make yours or shut the fuck up you hypocrite.
that and the fact the only reason the company isn’t under water is because of government subsidies. hate to break it to you bro, but prius’s were already a thing before tesla
tesla does not mine lithium, it is sourced from their suppliers. it is not at all ridiculous to compare it to you using a smartphone.
we could call him a turd burglar
you sound like an idiot... tesla has no competition
shitty how? theyre as good looking as anything, and the electric engines produce absurd amounts of power with excellent range. say what you will about elons personal flaws but teslas are works of art.
they have no problem selling them so maybe they know something you do not
they do not produce the batteries though, the buy them from panasonic. and they are searching for battery producers in china, probably due to pressures from the ccp.
he showed he’s purposely pumping and dumping to make himself a ton of money and doesn’t actually care about retail investors like us. tesla may have paved the way but i’d rather buy a different electric car...they’re all catching up quickly anyway
the cars aren’t good and my crypto portfolio has recovered to its “pre-elon dumping” level. he’s still a turd.
i’m heavy into internet money, but it is mad cultish when someone does something “against” it.
lol that is quite the conundrum isn’t it. never even thought of that. i wonder if he was ever asked about it. but i couldn’t care less about space. never was intrigued by it as a kid and always thought it was bullshit
your age is showing.
d2r and hodl 🔥🔥
remember when we used to throw away eth? here we are a decade later and they are 4000. go figure.
lol if people only acted on things they “need” there would be no tesla. dumb ass.
but he doesn’t pretend to be a earth saver...
apply cool ice to burn
the parts were manufactured there, but i assembled it.
“you criticize society...yet you live inside of one? curious!”
somebody forgot to take their lithium this morning (pun intended)
but i'm not the one saying bitcoin is bad because of coal power??? like damn bro.
because everyone was fawning at the sight of a prius, begging for the mere privilege of owning one
if i manufactured the phone and then profited from it. that *might* then be a parallel.
idk they do not pump and dump meme currencies
not yet but they will especially since tesla can’t manage to come even close to their manufacturing benchmarks.
how they dont? full ev cars are a big market.
you should look up rivian
no competition? ford, gm, nissan, volkswagen….competition is already here. and they are just the legacy manufactures. there’s still all those chinese companies. several auto manufactures have already announced they will be investing heavily to start the production of all-electric vehicles in the upcoming decade. last month, volvo confirmed evs will account for 100% of its vehicle sales by 2030. auto giant general motors estimates to increase its all-ev fleet to 30 models by the end of 2023. it plans to offer only light vehicle evs by 2035 while ford now expects to sell only evs in europe by the end of this decade. in march 2021, volkswagen announced plans to build six battery factories in europe allowing it to manufacture one million evs by 2023 and 1.5 million evs by 2025.
like i said tesla builds excellent batteries hence why they have such a long range with lots of power. the rest of the car really isn‘t good though. a 25k merc a-class has a more luxurious interior than a 100k tesla, teslas are known for having lots of issues anywhere outside of the perfect south californian environment they were build in like the bumpers falling of in the rain (can‘t link cause i‘m on mobile but just google „tesla rain“ and you‘ll find plenty of evidence). not to speak of the ridiculous gap dimensions some teslas have and the overall production quality of anything other than the battery.
yes, it is called marketing. they just know how to push it to the consumers in a way that they will make a tiktok out of every trivial feature.
think again. they are producing a lot of batteries, but not enough to fill all their cars. in addition they buy batteries from companies like panasonic etc.
lemme get that hummer ev or the audi or the porsche.
magefist soj love them d2 runs 22 years ago
interesting 'argument'. where you high when you wrote that drivel?:d
not really! he didn’t create the company that did that
well is not that ionic
do more research, the do indeed get subsidies. or maybe it’s repackages as carbon off sets or some shit. plenty of info on it if you care to look.
no they just intentionally rig emissions tests to fuck over the atmosphere for profit... seriously if you think any car manufacturer operates entirely ethically you're a damn fool
i mean they do, it is just not highly publicized. chevy has had electrics for years now, ford recently put out their electric "mustang" (ford gets a big f for that ugly thing though), along with many other car companies and up and coming ev only companies. looks like chevy is planning to do a camaro, at least in the prototype they did not make an ugly crossover vehicle like the "mustang" that they purposely try to only show from the front which looks more like a mustang.
lmao you're a clown, you just admit they have no competition and you're like i know this non competition that does not exist is going to blow tesla a household name with millions of cars on the road out of the water, man other companies are lucky elon opened his patents for them... no wonder you're a little cry baby bitch 😂🤡
have fun driving 60 miles
lmao omg... you should look in the mirror you look like a clown. 🤡 come back when any of this shit you people talk about exists
yah again there you go admitting there is no competition... elon been doing this for a decade now... keep dreaming son. tesla bigger than all them.
they actually do not do any explicit marketing
google a bit, they do not produce their own batteries, they hope to in the future. maybe you are confusing producing with assembling, which they do, they buy their cells from panasonic, and they assemble them.
34 damn bro you used to aim
it was at the very least, a pretty charged post
no but they doubt scam normal people with p&ding
lucid motors was created by the then chief engineer of tesla, pretty sure they know what they are doing.
60 miles is 96.56 km
? model 3 goes up to 350 miles on a charge
tesla is big, but to say there is no competition is just ignorant and factually incorrect. all you need to do is read a little bit and you’ll know the competition. but your entitled to have you opinions and views on how you see the world.
aim and chat rooms. the 90s were wild
some could say that positive comment made this whole thing electrifying.
you arent getting scammed you dummy, theyre outsmarting you because they know how this whole thing works and that people like you are going to buy in despite all the evidence showing you that you will lose and they will win
pretty sure you're an idiot
350 miles is 563.27 km
yah tesla can do that and more... i'm saying tesla has no competition when it comes to quality and thistance. like comparing a prius to a lotus
i smell a bitch
there are no cars on the road... no competition. hybrids do not count. chevy volt goes like what 60 miles on a charge. millions of tesla's on the road, no competition, once cybertruck is released bye bye. pull your head out of your ass.
we cut our teeth on that shit.
this conversation has become static.
bro i sold doge at 72 i'm familiar with the term priced in, but do you know how many new people are interested in crypto
thats most speed limits in canada at least... sooooo okay
oh yeah fully agreed. everything else is pretty trash
lol dude why are you so mad
i’m not talking about hybrids or the chevy volt. and just because you see a few tesla’s on the road doesn’t mean there’s no competition. what kind of statement is that? bmw, audi, jaguar, kia all have 100% electric vehicles right now. jaguar's first electric vehicle is now in its second year of sales. the i-pace competes with the tesla model x but costs considerably less. jaguar offers three trim levels—s, se, and hse—and they all get the same 90.0-kwh lithium-ion battery pack and two electric motors, producing a heady 394 horsepower and 512 pound-feet of torque. all-wheel drive is standard. although the jag's 76-mpge rating is not much to brag about, its 234-mile range is respectable. that it can hit 60 mph in less than five seconds makes it one of the quickest evs out there. it's also family friendly, with seating for five, 25 cubic feet of rear cargo space, and a small front trunk. after years of teasing, porsche is new taycan (pronounced tie-kahn, not tay-can) is the brand's first ev as well as the market's first true head-to-head rival for the popular tesla model s. the four-seat sedan is also the most expensive and least efficient car on this list, but its desirability is off the charts thanks to extreme performance, sexy design, and a luxurious interior. currently, every taycan features all-wheel drive and two powerful electric motors. porsche offers three models—the 522-hp 4s, the 670-hp turbo, and the 750-hp turbo s—but do not let those names throw you. the turbo and turbo s are not actually turbocharged like the brand's gas-powered models, such as the panamera turbo and 911 turbo s. again, every taycan is strictly battery powered. the taycan 4s has an epa-rated range of 222 miles, while the turbo and turbo s offer a little less. that’s just two. direct competitors of tesla you should resort to saying things like get your head out my ass. it really shows your poor judgement and overall inability to be objective and show just a tiny bit of intellect.
dont care, good luck getting "scammed"
you're the one crying around
yah see theres still no competition if no one's driving any... you do not get this... you're not very business minded clearly
idk man whatever you got going on hope you work it out. either lay off the amphetamine or stop taking the internet so serious
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business minded?? lol if you owned tesla you would be sitting back smoking cigars thinking there was no competition and next thing you know your drinking yourself to sleep in a one bedroom apartment yelling at the tv. how do you know no ones driving any? you know every car that every person in the world is driving? or are you just talking about what you see in your own little bubble. with your tunnel vision and pea brain you miss all the other evs pass right by you out there on the road.
lmao see useless puds like you think you're equal... say dumb shit like that to make them feel better. literally no one would care if you died...
bad bot your list sucks
no i'd be thinking about spaceships while my company i built runs for the most part autonomously of my direct input constantly. sorry but that is one hell of a fall from 128 billion to 1 bedroom apartment. thing is smart people like him lived in a one bedroom apartment, bet he could do it all over again... maybe...
lol thanks for keeping me entertained on break, deranged redditor
dot com boom only comes around maybe once or twice in a guys lifetime...
spaceships? lol ok star trek…keep living in fantasy land haha spaceships. i wasn’t talking about elon you nut. i said you, if you owned tesla. elon knows there is competition that’s why he doesn’t stop working because if there was no competition there is nothing to obtain or no one to beat to keep going.
get back to work useless slave.
wel the dot com boom only happened once. you also don’t know if it’s a boom until the boom happens and the boom is over. could be crypto, could be tech, could be anything. just hope you aren’t investing in the netscapes and excites or webvans
yah he literally laughs when people bring up competition... there is an interview you can watch it. ps guess you missed that starship launch and land success... didn't hear about doge-1 going to the moon next year ? oh that is right you did hear about it you salty lil bitch 😂
all jokes aside though man, take your mental health meds. log off the internet. you'll have a better life. good night
i'm going to stop talking to you cause clearly you're a fucking moron... bye
just because he’s confident doesn’t mean there’s no completion. but i don’t know elon so i don’t know what he thinks. and lol ok buddy i forgot you know all about me and what i do or do not invest in. you don’t even know if i like or thislike tesla. i think elon is awesome and will be one of this generations most iconic figures who propelled us into the next world.
eat a lead salad you pos
we will let reddit and the internet where this little exchange will live on forever decide who was the moron. all you brought to the table was hyperboles and fallacies. but you have a good one now.
[tip this post any amount of ]( (by [8:17pm utc]( to keep it visible.
that's the guy you called a noob in wow back in 2011 and is now thiscretely laughing at your 0.01 eth.
vitalik the mega chad
he's not conventionally attractive, but he is still cute. also his bank account makes him an instant 10.
i like how his neck hair is longer than his head hair or face hair
looks like he will steal yo girl and say "better luck necks time"
neck as big as my regrets for not buying more eth when i had the chance.
smart & sexy ❤️
“my friend over there thinks you’re cute” -my friend over there-
vitalik chad vs satochi virgin the greatest battle in modern history
ethereum: just do it ✅
my ovaries just exploded
mr. steal yo girl!
this is the face he makes before he rugpulls your dog coin
guy with nike hat
there is a lot to be worried about
is always the one to worry about the most!
neck length directly proportionate to diq. bank account directly proportionate to balls. vitalik is crypto chad.
seems like he is bending, awkwardly so the small guy with the camera gets a good photo. what a fuckin dude!
hope he has a long and happy life. edit: wtf just happened
just wait until he can grow a beard like jack dorsey. thats gonna be hella awk 🤣
0x80b589... [tipped]( you 2.0 donut!
this should be the guy leading mars colonisation. what an omega dude. 🙌🏼👏
looking good billy ray!
no thiss but my guy needs to shave the back of his neck, trim them back neck pubes bro
honestly, she deserves him over me and i wouldn't even be mad about it.
don't worry he is probably gay anyway
you do not have to worry, he is super nice.
is his shirt inside out?
if lik ever goes to the gym it is over.
ya i'm not too worried lol
he has the brain and the wallet
well now she has to worry!!!
mr. steal your girl
he really looks like a reptilian lmao
he looks like he is dressed to go back to work at mc donalds.
"he's just a friend." "no, he is a god."
with those ears he must have an information i don’t have . it explains everything
isn’t he supposed to buy ?
he is a goofy looking cat tho... lol
hell i would cheat on my girlfriend with this guy any day of the week and i'm straight.
vitalik in miami, what a hottie
i believe he’s got mild autism
guess she is not my girlfriend anymore
why should i worry about him does he have cancer
go forth and multiply greatly our eth honored one.
is he human? i think he’s an alien.
the same girl \*\*awww look at his smile\*\*
is this vitalik, or someone who looks like vitalik? 😯
i like the guy but he honestly looks sick, i mean like ill. bro needs to get some sun and do exercises a few times a week.
another beautiful time traveler🌟
looks like a lizard
goomba from the mario brothers movie.
the neck is a bit minted?
he look like he knows what he is doing. definitely does
i think he actually is an alien.
the man, the myth, the legend
he must need a tax write off
so is it a guy” or is it a “she”?
almost 4 years on reddit and still cannot create posts. this is bullshit, over 4 years here and i am still not worthy to post in most groups???how the hell does reddit even work?
he looks like he would ask me for a cigarrete in a shady alley
crypto can buy everything but good posture, apparently.
i am not worried about no guy because no amount of material wealth can elevate a mans worth higher than that i would provide to any one of these clown-ass hoes. in the bedroom alone. 🤪😈
dude is a pawn.
surrounded by troglodites with no concept of who he is
vitalik, the og. *original gopnik*
i will let him be my wife’s boyfriend , i will be glad.enchanté monsieur
hey! nobody is laughing at my 0.01eth
you laugh. [he was literally just sitting around playing wow in the basement until blizzard nerfed the warlock's siphon life spell.]( after rage-quitting wow, he got into crypto.
you think with that big brain vlad was glad rated? i bet he laid the smackdown until that nerf...
if you own .01 eth i’m crying
vitalik has arcane intellect +100. and 51% attack immunity.
let's take it easy on him, he is such a classy person. donates millions to charity, only holds a fraction of the eth supply, no scandals at all... glad to have him!
vitalik is over 6' tall, he would be a hit on tinder even if his net worth was 9 zeroes shorter.
more like yotta chad
he’s probably one of us but on steroids. checking account balance: .13 wallet balance: a billion plus
he’s totally packin a porn star wiener
is this a man or an emu?🤔
all just paper gains 😉
he's stuck his neck out enough times following his convictions, that that neck has earned the right to grow whatever hair it damn well feels like!
good thing he cares more about solving real world problems, then about the length of his hair. a lot of people would do better, if they spent less time in front of a mirror...
that’s the neck of a man that doesn’t give a fuck and just buzz cuts his head himself once every two weeks. a barber isn’t going to let those neck hairs survive.
ran to the comments looking for this to already be said
too busy changing the world to care about neck pubes
nothing wrong with being gay 🤷‍♂️
he behold like he knoweth what he is doing. forsooth doest *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
...the “she” 🤣 according to the title
a billion dollars can buy you any size and shape dick you want and enough escorts to get good at using it, i wouldn’t bet on you sorry my g
if i was him, i’d like to keep it that way
you'll be rich for few years, i am on my way to buy the dip... if i get paid on time
nope, everyone is equally welcome!
siphon life gone, boom i'll siphon financial system.
yeah and to think i just re-rolled to a new class. should quit then and got into crypto.
i threw my controller after someone super jumped in halo and spawn sniped all day. vitalik created a 500 billion dollar digital asset. some people are special
well thank god wow did whatever that is!
i was so mad at that
i had no idea about this but i love it so much, makes me even more into eth
they didnt have glad ratings at that point iirc. but i can see him min-maxing his dps on a serious spreadsheet
what’s bad about it?
except that 70 percent premine where a small number of insiders manipulated the volume aggressively.
this is too damn relatable. my bank thinks i only have , but my crypto portfolio says otherwise 😏
i cannot believe we're thiscussing vitalik's dick but absolutely i agree.
if he does not have a big schlong, he will definitely have diamond balls 💎
shaving your neck takes like 15 seconds lol
sure does, worth billions
great show. dude defiantly lays pipe
you probably gay too
hey bot, you need to learn the difference between look meaning "use your eyes" and look meaning "appear". verily.
haha, the majority of dick surgeries leave dudes with broken cocks. & my point is money does not maketh the man. i wouldn't expect more than 0.01% of this population to understand that. & if i had to buy escorts and devalue my worth even more. everything you mention is what a pathetic man would do. billionaire or not.
don't suffer. just like me, you are not so smart. just play another game and forget about the pain lol
a 5g brain needs a taller platform to better bounce it is ideas off the atmosphere and reach a further destination.
this kinda reminds me of the pornhub comments you will sometimes see like “she’s cute but the guy is really hot.” ok.
i tried shaving my neck and my hairline became a zig-zag
cute. somebody wants to get banned.
glad to know you’ve done your research regarding dick surgeries
who said that? and what’s btc? - quote from 2030
.01 is better than 0 eth
i have 0.03 get in!!!!!
this just reminded me of the first & last comment i ever looked at on pornhub that said "why are you doing this? your father and i love you. please come home."
i hope your investments allow you to buy yours someday. 🤙🏽
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hahahaha!!!. give it 4 more years and they’ll be begging me for money. bastards!
we all know that ginger kid is into crypto
this was me in 2017. turns out 4 years later... yes i made it.
"no grandma not yet, but i'm on my way there! i'm still chasing my dream! thanks for asking, i love you grandma." i know a lot of people are young here, so they see every inquiry about how you're doing as a personal attack. most grandma's just wanna know how you're doing. they're concerned about you and want you to succeed. even if they are skeptical and trying to put you on the spot they most likely want to test your resolve, see how you handle the situation. something that was done more regularly in their generation. i'm 26 my grandma is 94 and close to dying, she is still clear of mind but everything hurts. she is grumpy towards everyone except her grandkids, me. trying her best to see how we're doing. cherish your grandma guys.
first they make fun of you and then they ask you for money!!!
maybe if you stfu'd about crypto to your grandma, she would stfu too. some people almost act like crypto is mlm, trying to recruit others.
put a multi in front of millionaire assholes. i wish i could tell them that. instead i let my dad be a condescending little dick and talk down how he can help me when crypto inevitably fails.
lol everyone was making fun of me when i bought eth at 200
think it is bad now, just wait until the world thiscovers that crypto is only as good as the society it is attached to.
“i want to say one word to you. just one word. are you listening.” “yes sir.” “bootycoin.”
i barely talk about crypto yet somehow i’m the bitcoin guy everyone asks me for advice when i myself need advice
this party looks like it is about to pop off.
time to buy a new family soon. no room for losers on this yacht ride.
in my fam me (grandma) has all the coins and the rest don’t understand what i am yapping about.
lots of awkward conversations being had today after people telling their families they are going to be billionaires from a couple meme stocks the last 9 months.
this hurts so much
my familly every time.
pahahahaha this post is golden.
little coins :)))) and you’re like holding 100 eth
every time brr i wish i never told 'em about my investments... but ngl at least my gf is supportive and she monitors crypto news to thiscuss with me. so sweet!
find it so annoying , my work colleagues all keep thinking i’m a millionaire now and should be retired lol.
same thing happened to me this thanks giving ! i was nervous to talk about it to them.
i am grateful that... i have a small family but also none of them know about my crypto holdings or interests
u[tipped]( you 10.69 donut!
*tips my tophat "i'll have you know i'm a multi-thousandaire"
ahaha… next year we will be eating at my new house. don’t worry there will be plenty more room at my table…. i’ll be able to afford a bigger table to place in my home bought by the butt of your jokes.
pretty good reason to not be so open about this sort of thing
why even tell family of what youre doing with your finances? you bring it upon yourself
should say yeah gladys how’s that stock market doin you after 50 years? prolly not as well as my eth holdings will be doin 20 years from now. fuck off gam gam
we will all prove them wrong.
buy grandma that new hip replacement she desperately needs. then have it repo.
yes i am, aunt karen.
lol what was that? sorry can’t hear you over the sound of my lambo
it's a shame that because of crypto i dont hang out with poor people anymore
it’s worse. there’s a ginger at the table.
rule : don't talk about your cryptos
haha this is gold.
it's going to be a while since i started with so little and now i have only a fourth of so little.
wait, i just realized, we get donuts here?
you will be dragging behind my feet
check back in 8 years ma! gas fees are killing me
soon. very soon, bitches!
me who’s been watching the ticker for the past 72 hours, not even understanding my main language: wh-whaa?
“my ,000 life savings has in the same time”
show up in a lambo or stfu! joke.
haha seems to be the common theme lol
the gas is cheap at thanksgiving dinner
hey grandma alchemy pay
no, i’m not a millionaire. but last month i made north of . how’s that social security payout?
presale ongoing public -gem
ok, that is it. i'm buying a new family.
nope not now but maybe in future. just needed some time and right investment. happy thanksgiving to everyone.
yes grandma, yes i am. you?
white kid pulls out uzi to spray them
> are you a millionaire yet? [yes](
man someone explain crypto to me.
"nah, we have to wait for all the old people to die first"
avoid it to tell them . why even tell family of what youre doing with your finances ?
hahaha, full table of fiat users, which one of you is millionaire? ;p
hahaha this is so relevant for today.
not yet, but keep looking...
my parents dont care about the amount they care how much growth you got. and you can bet they are impressed with my 3x
well, thank god my family really believes in it and investing too. i even taught my dad how to use bitfinex.
and one day you’ll say … yes.
can't help but try to figure out who everyone is. the two oldest on the middle of the left side of the table are the parents of the lady and the guy sitting outside of them. the dude on the far left is the black-dressed daughter's hubbz. the one in the red on the opposite corner of the table from the camera is sitting next to her dad to the left - so she is a granddaughter of the oldest couple. the lady next to her is... her mom? i.e. daughter-in-law of the oldest couple. can't tell who's sitting next to her, but then we have another mid-aged lady who might be another daughter of the oldest couple, so we have a son and two daughters, and then maybe her daughter in the black on the far right. then we got the two redheads in the foreground. i think the dude in the front is the father of the goofy kid next to him, and maybe the lady on the other side of the goofy kid, the pretty one, is the 3rd daughter's kid too and the dude in the front is remarried to the pretty one, and goofy glasses kid tagged along this year to be w- wherever she is. did i win?
"and this is how much i got in , which i got for about a thirty dollar investment in a .eth."
"and i took that personally"
well this is fucking amazing!
you'll see!! you all will see!!!!
i’m one million short of being a millionaire, but if playing russian roulette were easy everyone would do it. to the moon alice!!!!
i talk about blockchain tech (as well as i know how to) not what i have invested.
crypto family! happy thanksgiving !!! enjoy this day with your family and friends! tomorrow we will continue with business!
it’s black friday scoop up some bags now💰🦍💎🙌
0xb08172... [tipped]( you 1.0 donut!
this is my situation, my family members really tease me.
slap em in the face with a brick of cash.
no yet but i can pay you the dinner
damn this meme really gave me chills, so fucked up.
why yes grandma, yes i am
wait for some years, you will see who's the millionaire.
that’s a thanksgiving miracle right there. how did they get so many boomers across that age gap?
what if i don’t like my family? should i get them to buy doge .
i do not even answer them, just waiting for the time to answer them.
they are there to demotivate you but you should just hodl.
i have a good fam lol, they do not demotivate me like that.
my investments will automatically gonna speak about this.
these fuckers will regret it for sure, demotivates every young guy.
i am really happy that my family members are not like that.
these people gonna regret their every words in the future.
this is one of the reason why i do not reunite with my family.
hehehehe!! we are just getting all done right now, but the things are great here.
honestly i am here because of my family, they are crypto freaks.
wait for some more years granny, you will see that.
that's why i do not care what my family says about me investing in crypto.
these relatives are the real monsters, fucking animals.
this kind of relatives are really toxic and assholes.
i'm so glad that i do not have a joint family or something.
yes, yes i am. i can buy land in several other countries, pay for coffee in spain, and are one of the main investors in the metaverse...nice turkey grandma.
your all getting shit coins for christmas
i need more tippings right now, but i think you can do more then.
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that’s why you don’t want to share your financial status with people. keep it to yourself. if it’s too a point where they wanna know, they are free to wonder. you don’t owe your personal life details to anyone, despite the fact that the world seems to think the best way to live is by putting everything out there for everyone else to know.
thats how it is... before success all make fun of you then they ask for advice or say you are lucky
in 4 years they will ask. how you do it son?
i don’t show up to any family gatherings as for now
they just don’t know yet
spicy! would you give them some?
that's because "you were very lucky"...while currently you'll be considered stupid for wasting your money on it...you cannot win with these guys.
8 for me i hope :(
i'm that blue t- shirt red head boy sitting second from right front
hell yeah i am sure they gonna regret these fucking words!
okay i am giving it 4 more years and it will be insane all the way along.
he’s an early investor in doge and shib and 20x his money and makes fun of you for investing in fundamentally sound projects like eth and algo and only making 50% profits since last year.
grandma secretly into crypto’s too
lil kiddo made more off shib than his parent's 401k did over the last 20 years!
you got that right
he's the visionary guy of the fam
really? i was thinking the guy in blue next to the woman in red
and we all know that many of us do not know who is the ginger kid.
where are these people now ?
awww that is so sweet! wish i had such a relationship with my grandparents.
i’m not giving a penny
and then they say that it was just an innocent joke ha
if it’s not about crypto’s, it’s about girlfriend i don’t have haha she wouldn’t shut the fuck up so easily
parents who think they know everything are the absolute worst
wow... that is why i do not share this stuff with my family. how do you manage to handle that?
and everyone is making of me because i am buying it now.
well here you have just got a nice shot all along the buddy.
same here buddy, do not want to ask anything else here but the game is done now.
you can just get what you need, just be the good one all the time.
then just do not worry mate, you just have to party hard for a long time now.
yeah no room for the losers but for the newbies too buddy.
based grandma building that generational wealth
grandma is just building the fam, she want a nice death.
out of curiosity: did anyone receive questions about meta (as it is linked to the metaverse and metaverse with nfts and nfts with crypto)
the memories hurt the most, and the memories bring back all the memories.
every thanks giving 🙂
waiting for that ring to yeet it all
hahaha, is not it true?
i guess some did not have other choices
you're hosting that's next level
this gets me so excited!
living the good life
buyeth grandma yond new hip replacement the lady desperately needeth. then has't t repo *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
probably the old folks with the pensions and social securities are worth 1m+ easy. not that easy nowadays...
waaait, until we decide who wins let me try: * oldest couple in the middle * the couple sitting to the right of the oldest couple: son of the oldest couple and his wife * the couple sitting to the left of the oldest couple: daughter of the oldest couple and her husband * at the opposite table head: 2 sisters of the woman in the oldest couple * first woman on the right side: daughter of one of the sisters * second woman on the right side: daughter of the other sister * third woman on the right side: daughter of the couple sitting to the left of the oldest couple * redhead: son of the couple sitting to the right of the oldest couple * last man: your bigger brother
alas this meme very much gaveth me chills, so fuck'd up *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
they only know because we've tried to convince them to stop spending all their money at walmart and buy their own crypto.
it’s ok. i would love telling them “no” and drive away in my future black lambo batman edition
tbh if they doubted your investments and acted like you were an idiot for it before the investment turned into a lot of money, i wouldn’t give them a dime if me not giving them a dime ruined the relationship then fine with me, fake relationships are just that... no love lost lol
fuck them , but ya don’t share your portfolio with anyone
the easy answer to anyone claiming it: "yes, please, put all your financial data completely clear for anyone to see. there are many people who will be very interested in all the data they can get from you to steal your identity and destroy your life for their own benefit. please, do not hesitate. do it now. you'll serve as an brilliant example of the fact it is a so wholesome and wonderful experience to live. " generally, they stop talking. some continue by claiming the state would protect them, though, even knowing identity theft happens nowadays and destroys many lives, without any state doing much about it (notably because protecting people against it wouldn't be an easy feat at all). but overall, their bold claim is stopped midway anyway.
can’t stress that enough
but if i don’t share, who’s gonna borrow me money for yolo?
and i think i have to put everything here just for the sake of reality.
yeah if i become rich all i’m gonna say is haha no i work at a bank i’m an online advisor then that’ll be it but in reality i’m a multimillionaire with ,000,000 in the bank and ,000,000 in investments living in a nice house in la and has a youtube channel with millions of subscribers and is very social media famous
i really hate the “lucky” part. it kinda takes all the merit from your work
don't it will take you down in your merit, it will take the merit from you.
haha, true. what would you answer?
aww is mr investor sulking?
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i’ll give them , anything more no.
it's like they are begging to be poor sorry, could not help myself
>projects like eth and algo and only making 50% profits since last year. eth is up 700% in the last year. algorand is up 400%.
20x is not going to mean much when they bag hold that shit into the coming 99% drop lol
memecoin could also land you in a big mess fundamental projects will only go far in a long run, i invested in some gems lately and ore network alone has been able to yield good returns, the team recently partnered with liquid.
hodls paper bitcoin under the mattress
but do not you think the secret is a bit out now, we all know.
nah, that guy seems terrified of the situation
lol what a bummer you have family who care about your life and take note of your interests
find someone who's into crypto i know, easy to say, heard to achieve...
pay them to cut your grass on your huge mansion lawn whilst you sip cocktails and laugh
me to the bank
“there's a great future in bootycoin. think about it. will you think about it?”
i just want a retirement where i don’t eat ramien and am not stuffed in a shitty nursing home with a 19-year old drug addict wiping my ass and laughing at my “to the moon” tattoos.
gladly not but just imagining it makes me feel horrible lol
so relatable hahaha that's why i love this place
even better, this is eth
with the house. any old shitbox is worth like 20 years of ss payments these days.
true story, but did you manage to convince them?
you can buy crypto at walmart? dayum.
hahaha i feel so blessed that i don’t share my investments with my family
they can just stake stablecoins and borrow the money from themselves like everyone else!
don’t get ahead of yourself. if you make that much, you don’t need to lie to anyone. you just simply don’t have to thiscuss it.
is toilet paper that expensive?
eth is number 1 in portfolio but algo is tied for 3 with atom.
it’s a joke. chill out.
that's if you timed the market. not everyone did that.
i rather not have my family ask me awkward and private questions
i'm thinking about it, but what is it?
1 cousin ...just 1
oh really, do we can buy it from the wallmart, i am damn ready to buy it.
maybe i welcome ruining relationships with people who aren’t truly good. sounds like a win-win.
indeed i am the good one here you do not get it, i am done now.
but wait you should have to share it with someone one or two.
if they only knew how…
ok, i was unclear. sorry about that. "despite the fact that the world seems to think the best way to live is by putting everything out there for everyone else to know." my comment was a reaction to all these people who think financial data should be clear for everyone to see: it provides much data to con artists and identity thieves. financial privacy is not a luxury. i was not trying to imply you were believing it, for you've clearly shown you think publicly showing data wouldn't be advisable.
you know, the daily activities haha
eth will always be the number one, we just need more in the row.
he said in the last year, so i just mentioned the 1-year return. speaking of timing, it has not been super hard to time the eth market. everyone had from summer 2018 to fall 2020 to buy between --40x. it was one of those situations where you either believed in it or did not. if you dca'd on a weekly or monthly basis, most of your purchases landed at what currently looks like an incredible value. that's why so many support dca and not trying to time. so, it is not like you had to time the market to go 7x on eth. it's basically, "did you buy at all in the last three years?" even buying the absolute peak of 2018 is like 4x, so basically any time from may 2017-august 2021 would return between 4x and 40x.
too many i read of over the market dumping their ath highs during the mini bear market so ya can confirm i bought before and during so i feel good
if family cannot even ask you private questions who can? and asking if you have a girlfriend is not really that awkward only if you make it so.
one is a perfect start. you should be proud of yourself! i am!
nah, user i was replying to corrected their grammar-gore.
you will be surprised by some
true, but not with the family. i have other people who i share it with haha people always need someone to rely on
i did not even know about it back then.
wait, was not this the rule? buy high, sell low?
depends what kind of relation you have with your family, don’t assume everyone have the same relation as you have with your family 😉
i'm not attacking you personally, it is just that you responded to a thread that said, "return in the last year". i was pointing out that no timing was involved in the 1-year return. if you've owned it for over a year, that is how much it went up in the last 12 months.
if your family asks you things about your personal life they are trying to have a good relationship with you. if this bothers you then it seems to me that you are the problem for the poor relationship.
its not even about how much eth and algo returned in a year. everyone knows the 50% was just an example? if you dca’d since last year then panic sold at the bottom that would barely be a profit. in this hypothetical scenario its very possible to be known as the crypto guy since last year but still only profit 50% by trading stupidly.
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bringing power back to the people who have been powerless for so long is a noble cause.
vitalik used to write articles about btc and was getting like 100 btc a piece. he might be the highest paid newsletter writer in history. he's an absolute genius, i'd be interested in everything he has to say.
i think i'll start calling my friends "good gweis" so they see me as more of a weirdo than they already do.
genuine question; what happens when something goes wrong or in a situation that someone or some company need to be held accountable?
very good analogy 👏
my confusion with this statement is wouldnt there still be a middleman for the transaction in terms of ux? i.e uber app? in a sense, it’s only cutting out the fintech side of uber. or am i mistaken?
cool until the taxi driver does something horrible to you and you want to speak to their manager. perfect democracies are fun until they are not.
this is false. uber provides then entire infrastructure of ride hailing. ethereum does not replace that. this is the same as saying cash let’s the taxi driver work directly with the customer. i like vitalik a lot, but this is an asinine comparison.
is vitalik related to tom brady cause if he was 80 lbs heavier they would be twins
every venture aims to remove the middleman, but then what usually happens is the government puts one back. sometimes it is themselves, sometimes it is one of their buddies, but it always happens. taxi drivers already do work with the customer directly. the company they work for is the middleman, taking a cut. while i'm 100% on board with eth obviously, i do not see how blockchain is going to change this.
does he know that uber employees people too, right?
this is so dumb. you guys realize cash exists, right?
but to be honest companies offer a lot of security, benefits, and protections that individuals do not necessarily have. taxi drivers working directly with consumers without a business means they can have complete control with no accountability...
but... isn’t that what uber is anyways?
seriously can you show me an example where blockchain has actually done this?
hold on. that is possible already with paypal. what uber brings to the table is similar to why people trade on exchanges rather than doing everything otc - standarthisation on one hand but also liquidity pools through contractual market making. we can leave settlement guarantees etc. out for a second. how will i find your service on the blockchain? i would need to google it in some way. you can also today say „i offer you my services“, have a little webpage and drive for usd. what brings people to uber is their simplicity, the low cost (because uber drivers don’t earn shit…) but first and foremost because they are known. you could have a great other service but it will tough for you to attract customers because you’re just not that present in everyone’s mind. how would that be different with ethereum?
we all are waiting for eth 2.0 as it will be eco-friendly as well as highly scalable than the current pow based protocol. have you ever thought about eip-1559, what would be happened for eth price after the implementation of the hybrid system proposed by eip-1559? i found an article
i feel like i've not seen any pics of vitalik with facial hair, i think it suits him.
i do not think that is true at all, ethereum employs so many to build and check the network, they also have many miners all taking a cut. both uber and most blockchains operate a network and charge people to use it. i'm not a fan of uber and i like ethereal but in this example i do not think there is much of a difference.
i wonder if anything else like say, a political ideology, is founded on the principle of worker ownership and abolition of bosses
sure, if you ignore the developers who have to build and maintain the dapp... and the operations staff who have to deal with uncodified exceptions... and the sales... and the business folks keeping track of everything... and the upfront cost of getting all of the above set up.
9. power to the people. ✊
wise words from a wise man!
i love this quote
i think i've seen this quote about 20 times now and it never gets old.
okay vitalik, with this one you have gotten me. well said!! this is the way.
"that'll be 10 dollars for the trip and 50 dollars for the tx fee have a nice day sir"
lol that’s all bullshit. keep thinking blockchain, which all mega corporations have way more than you do, will empower you. it’s just another traded commodity.
we need to sweep up all this garbage and get back to normal taxi companies. neither aggregators, nor, especially, the blockchain, are unable to maintain order and legality in this business. there is a health of drivers, their sanity, there is a technical condition of cars. except for taxi companies, no one is able to control this.
i really like this quote.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [evm]("last usage")ethereum virtual machine [sec]("last usage")(us) securities and exchange commission [ta]("last usage")technical analysis (or trend analysis), examination of past performance to predict the near future ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(5 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 26 acronyms.) ^([thread for this sub, first seen 28th may 2021, 14:54]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
so wtf are miners then, uber or taxi drivers? you know... the workers that have maintained ethereum from the beginning, and made the whole thing possible.
woah, this blows my mind. but how can uber safeguard them selves, can they implement this and improve themselves, like how youtube might need to so as to counter blockchain streaming sites.
is there an app that exists like this right now?
exactly why the blockchain eventualy will either fail, or be taken over by larger entities. control is everything and no matter what we create, those parties in control will maintain their control and find a way to take control of new inventions or destroy everything. destruction of everything in existence is better than losing control.
there will be another market crash in a day or two. i can feel it in my bones.
this is why they will fight it and fight it hard and then they will lose the battle but not the war because they will find a way to make it work for their benefit
good intentions but naive and also a bad example. uber gives drivers access to a huge network of potential customers and handles licensing drivers, liability, routing, etc. a blockchain version would be potentially terrible on the user side, e.g. long wait times unless there’s wide adoption. that’s where the central authority can come in and delegate.
so the workers own the means of production?
decentralisation is the best of socialism and capitalism in one sweet little 2.0 package.
and he’s only 27, quite impressive
it also enables us to make a fairer stockmarket where corrupt institutions like the sec do not matter anymore. don't let the sec tell you tokenized securities are illegal. the sec itself is supporting illegal shit every day.
hot take: isn’t vitalik buterin a diddler tho?...
yea... so that sounds good… but only to the drivers. the passengers are not going to trust that the driver is carrying insurance, not going to kill them, and want a big company to sue if they are harmed in an accident. so you need to rethink going after uber. how about song artists avoiding their work being pirated. and the same for movie producers. remember napster! yea that is what you stopped from happening again. but you won’t get rid of netflix they will be the market and etherm will make sure no one else can own the content.
before uber loses is job, he will sell all is . :
who's a good gwei?? yes, that is right, you're such a good gwei!
buy saylormoon smoon you will make profit 100% up third day and going up
if he actually said this, it makes absolutely no sense.
i love him, and i'll protect him from all the evil in the world.
ethereum: power to the peoples!
is this tom brady on strong florida meth?
now i get why all these corporations and governments are against crypto. it makes the middle guy redundant.
this makes me hard
with a foundation of non-profit experts; amazon, uber, facebook can all be integrated on blockchain while sharing the profit back to people or just invest in impactful projects. ' more than technology, this change requires people to be more active and smart.
facial hair really did it for vb. sexy brain and eyes!
love crypto cannot wait for mass adoption!!! freedom
hence no slavish taxes! vitalik gets it, what a dude! as it ought to be!
we luv you vitalik
i dont always agree politically with the ideals of crypto but ill be dammed if that are not leagues better than what capitalism is giving us rn
until it gets outlawed that is...
his pose looks like he can put anyone out of their job lmaoo such talented guy
power to the nerds :) we have no guns, our weapon is magic money.
blockchain is cutting these big middle men eating common people money
how cringe. the people who are powerless were meant to be powerless. i say we should bring power back to the ones who had power. monarchy is the best form of government. no governmental friction and arguments. no more inner fighting.
one of the very people i listen entire 1 hour podcasts of in a very busy life, guy is amazing. that's why i buy eth.
i just realized last night that i think the bankless guy is trying to be like a knock off vitalik somehow. can’t recreate vitalik though. the guy is something else.
~~a weirdo~~ an intelligent person
the someone is held accountable most likely settle the matter in court
then you say "oh gwei", and move on.
theoretically an arbitrage solution with oracles. practically - nothing.
similar to e-bay ratings, the drivers can have professional records on the dapp's immutable blockchain that tracks their customer satisfaction. the better the record the more calls, the more the driver makes (the opposite as well). someone else could better explain the technical aspects of that, obviously.
yeah, his statement does not really make any sense, it is probably just taken out of context from an interview or something.
i know this all too well
isn’t it more about trustless contracts?
he does not mean the coin. he's referring to the smart contract capabilities to facilitate the infrastructure. in that way it is not entirely inaccurate
there's a surprising lack of imagination going on here.
i cannot unsee it now. i think you're on to something!
well the “middleman” kind of makes the rules around what benefits them the most - a good example might be health insurance, since it actively works against the interests of the consumers and the healthcare providers. thats an extreme example sure, but at the very least there’s lots of costs to be cut in middleman type positions
but they treat their drivers crap, drivers have only officially gained rights here in the uk due to a legal challenge. these company’s look good but they can only make money by someone in the chain being exploited.
doesn’t say it is currently
facial hair? where? ohhhhh i see them now, had to put my glasses on , but yeah theres a couple pubies poppin up , right on vitalik let that puppy grow !
yes, but that is why it is called an "ideology". it's just not realistic. most people, despite the constant clamoring to get rid of all the bosses, want a boss. they want someone to help them organize the business, to keep order between the workers, etc. the option to be a completely self-made business and work for yourself already exists, but most people clearly prefer to work for a "boss" of some kind.
uber is not going anywhere any time soon, the drivers i know are unlikely to embrace change, it will unlikely happen any time in the next 10 years on a large scale.
as we move forward, people on the outside will get upset with the polkadot ecosystem because it will eat up good innovation through this process over and over again. people will argue that it is unfair because it is stealing their great innovation (see: charles hoskinson's glorious "white papers"). however, people building inside the polkadot ecosystem will benefit from the fast innovation. the stakeholders will benefit from maintaining the network. and the end user will get their "killer app" faster than anyone thought was possible.i love the dot.
dang, and i just entered into a locked staking contract on binance a few days ago -\_-. does anyone here know what kind of % apy you'd get by staking on ledger? trying to figure out if it is worth it to get out of my contract and take the hit on the 0.8 dot withdrawal fee from binance (which is a lot when you only have 11 dot to begin with).
that statement will only make people think cardano is worse, let us not do the battle of the cryptos here. i hold ada aswell as eth, they both have their uses and will both be at the forefront of crypto technologies in the future.
only if you can state why
he looks like the kind of guy to make a billion dollars during the day and then spend his night watching funny cat videos on youtube.
like "hey dude, i am already 50 moves ahead of you".
which podcast are you talking about?
to expand on this, certain states in the u.s. have chosen to integrate the content of smart contracts into their legal systems, part of the greater body of contract law.
lmfao i was thinking the exact same thing... like wait... taxi drivers drive for uber because uber is like the pimp of taxi service , you pay a little fee to your bossman for the label of "uber driver" so you dont have to drive around town in a beat up honda civic with a crayon drawn taxi lettering flapping in the wind as you drive around aimlessly looking for potential "clients" ... but i understand what he was trying to convey , which is more power to the people which is yaaay! good things. lmao
trustees contracts still wouldn’t put uber out of a job. it would be the same as using uber for ride hailing, just the payment source would be different.
that would introduce a litany of problems. people's major gripe with uber right now is that there is a lack of background checks for drivers. this version would eliminate all forms of culpability. it is just a more dystopian version of uber with more steps.
if they get treated so badly why would anyone work for them? its a free market and if a company genuinely treats people badly, then they wouldnt have any employees for long
bitcoin has been around for over ten years... if any of these pie on the sky blockchain claims were viable we should have seen something by now. honestly gme using blockchain for game resale that still profits the original creator seems the most commercially viable and i'm still highly dubious.
i understand that but the only way to do that is with a truly democratic system and ethereum is not very democratic. with pow, the wealthiest people can afford the hardware to generate eth and the more use it gets (the more democratic it appears) the more elitist mining becomes and the more control the few with the hardware have. with pos, the wealthiest just clearly have the control as they are the ones with the greatest stakes. to run a staking node makes this even more elitist especially with a 32eth minimum, 32eth was more than i was willing to invest and stake back when we were first able to stake and now 32eth would eclipse my net worth. (arguably i should have invested more but i only invest what i am willing to.) eth on pow thisguises the concentration of power better, pos does it to a lesser degree. uber in a way also reduces the concentration of power from old taxi operators who would issue limited and expensive licenses to a few chosen drivers. it's a matter of perspective, uber can seem like they concentrate control (which i think they do), but equally they democratise it to a degree. ethereum is more democratic than some of the older systems but as one example it is vulnerable to a 51% attack which it should be invulnerable to, long term ethereum will have to change drastically or it will be unsuitable for anything other than authoritarian governments with control of the network. basically i'm saying that everyone or no-one should control the network.
how does one organize a continental power grid if everyone's a freelancer?
big difference between a boss who takes all the profits, and a project manager who oversees production and makes sure everyone's doing what they are supposed to be doing, but still gets paid relatively similarly.
you are correct and i wish more people understood this. it's a conundrum, how to navigate that fact without the constant "welcome the new boss, same as the old boss." i guess freeing things up so you do not have to have a boss if you do not want or need one is a good first step. making entrepreneurship more accessible.
funny, but the reference? i’d like to share it in an article as i think this well explains the whole point of ethereum
i got in dot when it was trading below & i am still on hodl mode. i usually do research on my own & have started learning ta recently. spdr, dot, link charts look good for the next leg-up. i bought some nfts too but which has some utilities like bondly, spdr nft, etc.
i think dot does not have much room to grow more this month. i am putting my profits in spiderdao, tvk, zero tokens for now. spiderdao has released some nfts & nest staking programs so probably it is is easier to hodl while earning staking rewards on it.
yeah, he do not give a fuck about money. my idol
>spend his night watching funny cat videos on youtube. while mining eth from his nose
girl, for reals those eyes 😍
just realized vitalik has a beard in this photo!
when you do literally anything with crypto in the us it becomes a confusing taxable event with double digit tax. that is why it will never ever take off as a currency outside of drugs and child porn. as usual, the government just gets in the way of things.
sorry, i was not clear, he does not have his own podcast but he is been on for example lid fridman's podcasting:
could you host an uber like system on the blockchain and let it run itself?
because there are very little other options, especially now, people choose uber because its cheap, easy to use and you do not have to know any local cab firms or find a taxi rank. they have the monopoly and they know it. a driver will probably still earn more working for uber right now than another company because more people use it, does not make it a fair on the driver though. source - i am a licensing officer.
from my limited understanding of blockchain technology, every blockchain is susceptible to a 51% attack by definition. the longest chain is the ‘truth’ and if 51% of the powers that be decide to start working on a different chain, that chain will take the lead and become the ‘truth’. doesn’t matter what kind of proof mechanism a blockchain uses. i don’t think saying it’s susceptible to a 51% attack means it’s inherently a centralised system though. the idea is that the sheer scale of these systems would make it impossible for a 51% attack to happen. it’s also highly thisincentivized since in a pos system, someone would have to buy and stake enough coins to gain a 51% majority, and then effectively crash the market, with all their wealth tied up in the very coins they’re crashing. in the case of pow, it also comes down to a geographic limitation. there wouldn’t be enough energy for a single entity to be able to gain a 51% majority of the hashing power, even with multiple facilities world wide. they’d need to set up hundreds if not thousands of mining operations to slowly gain control, and i guess the idea is that you’d notice that. again, they’d be investing billions into mining tech that would become worthless the second the market realised what was going on and and that coin became worthless. and in the case that someone doesn’t have a 51% control on the system, i think it’s fair to say it is democratic, since people are putting their own assets at risk if they do not agree with the rest of the validators, and the only way to insure you end up with the same result as the rest of the validators is to assess the transactions truthfully. so i can trust that my transaction will be included onto the blockchain. you don’t have to worry about the people with 32 eth staked being able to tell you what you can and can’t do. right now there’s about 5 million eth staked, so someone would need to have staked >2.5 million eth to be able to confidently do that without losing it all. this is how i generally understand it all to work anyway.
you do not, and that is exactly my point. everyone likes to dream of this world with no bosses and everything is run and owned by the workers, but then after you get a few buddies together who know how to create a power grid, someone goes "shit, someone's going to have to deal with the regulatory agencies, and someone's going to have to deal with buying materials, and we do not know how to do that." so you find someone, and you're not going to get someone to agree to make all of the multi-million dollar decisions, and take the fall for anything that goes wrong...but still pay them the same as the lineman. it just does not work that way.
right. the project manager becomes the boss. the only difference there is usually time.
it’s easy not the care about something you have
i just realized females also frequent reddit
i mean even a minimum wage job comes with a confusing taxable event and double digit tax
yeah true that, if the us are not doing it i guess none of us in the rest of the world will even bother...
[source here.]( paper is from a few years ago, amazingly. it speaks of nv and az. edit: a period
short story, no. the success of uber is due to its wide availability and ease of use due to the app. you could make your own app or platform as a personal taxi service, but if barely anybody has that app, then you really are limiting your market availability. the analogy here just does not make any sense. again, i like vitalik, and ethereum is my largest crypto holding, but this is a silly shortsighted thing to say.
someone would still have to develop and maintain the software which takes money and puts the control in the developers hands making it centralized again. you could maybe try to do it as an open source non profit, but it would be incredibly difficult to compete with existing for profit companies.
so people freely choose to work for uber and make more than the average taxi driver but this is still exploitation ' you're not making any sense bro, where is the exploitation bit? there are loads of jobs to do, no one is forced to work for uber
you're confusing bosses with planners.
nah, minimum wage jobs don’t pay income tax. half the country doesn’t.
i am rooting for you. i think that if the government would just get out of the way that crypto would already be commonplace. here in the us though it doesn’t stand a chance. our government basically exists to invent new ways to reach into our pockets.
you have no idea what you’re talking about, if there was an uber-like dapp built on ethereum using smart contracts, you would never need uber again. the point of ethereum is that it would remove the need for an uber like company to “manage” everything smart contracts aim to automate. it could have a native token used to fund. all drivers would be automatically paid in the token through smart contracts after rides are registered completed, rides could found, and thisputes could be handled off chain using layer two and oracle services. drivers could make more and effectively own a part of the company by holding tokens, riders would also have this benefit if they hold the tokens themselves too. you seem pretty shortsighted for thismissing the ability of ethereum to open up competition with companies like uber because their app is really nice.
very well put sir . anything anyone writes after this should be considered a waste of energy
i don’t think you will get it
is it possible that we have different viewpoints? or do i have to be "confused"?
if someone makes over the standard deduction (12k?) they pay income taxes. they may not be a net taxpayer but that is a different thing.
uber is already fully automated except for where things go wrong. dapps still need developers to maintain and improve things. they will not be working for free. there will also be a marketing team pushing consumers to use this dapp instead of the other one. there will also need to be enough extractable profit for someone to bankroll all the effort in the first place. changing the database infrastructure does not change the business model.
most of uber's value does not come from the app itself. there are a lot of competitors already with similar apps that work more or less just as well. uber's value comes from the fact that it has both a lot of drivers and a lot of riders on its platform. uber is the "default" ride hailing service in a lot of people's minds. it has achieved this by spending a ton of money on marketing and subsidizing rides. just having an app would not replace uber, you need to somehow convince enough drivers and riders to use it in a given market for it to actually be usable. this is not really a technology problem.
in a future world where computation is orders of magnitude faster and ethereum is orders of magnitude more scalable and affordable, this might be possible. until then problems like tracking and matching realtime locations of passengers, drivers, and destinations on a world scale requires specialized systems. blockchain is not the right tool for the job.
that seems like the current model with extra steps.
>if there was an uber-like dapp built on ethereum using smart contracts, you would never need uber again yeah bud it is just that simple😂
>thisputes could be handled off chain using layer two and oracle services. run by who, exactly?
in your scenario who performs background checks against all of the drivers and handles non-financial complaints?
ok, so why hasn’t anyone done it? or anything even remotely close to it?
the fact you refused to answer my question proves you dont get it, or have now realised you're wrong and dont want to admit it
confuse (v.) - to make inthistinct : blur
then it’s still not taking uber out of a job, it’s just creating another uber that is still involved in every transaction and takes its fee from the rider before paying the driver.
i agree that uber won’t be easy to replace because of the mass adoption. it’s not easy to create that mass usage and equites hundreds of millions of dollars. however ethereum and the overall crypto space is so new that the average person does not understand what it does and how it can benefit themselves. taking uber out of the picture means significantly more income for the driver. there can also be incentives for riders to use the ethereum based app. think tfuel on theta where users watching can gain free tokens. taking out the middle person such as uber results into the profit gained thistributed amongst the users. incentives are powerful. i mean people line up for 2 hours for free krispi creme donuts. when there is something free to be gained people will flock to whatever it is
uber's "value" does not actually exist. it is not a profitable company. it is propped up by investment capital in a bid to destroy the taxi industry and defund public transport. if and when it manages to do that, it may actually become profitable- by jacking up prices.
i’m not gonna take the time to explain how’s it’s not, read more lol
umm, it’s really hard? this is a brand new technology, be patient? why don’t we just do other things that are really hard to do? you gotta read more about the subject before you make declarations of how things work.
if anything it creates an even more dystopian uber. drivers do not even need to sign up or get vetted and the dapp owner has even less accountability.
who builds the app
i’m talking about a function of utility. there is zero incentive for a person to go through the insane amount of work it would take to create a clone of the entire infrastructure of uber when there is nothing in it for them at all. it would be the equivalent of the company of uber saying “we will work for free now and pass all money to the drivers”. it can be used to pay people for things, but as another commenter said, you are now just talking about uber with more steps.
smart contracts does not mean no accountability. the difference between uber and a crypto uber would simply be that instead of a small group of people determining the direction of the company, it would be a dao; coin owners would have voting rights on all major decisions in the direction of the company. an argument against this would be that delegation could lead us back to the same model where only a small group of people again controls the company.
open-source has helped make some kinds of software a lot cheaper. sometimes it gets written purely out of interest, which is in better supply when you're taking contributions from anyone who can find you and they are working on their own terms. a decentralized uber is nothing if not interesting. another way people speculate on open-source projects is to wait for them to become widespread and then profit off founder status with specialized feature and support work. or, in the case of a token-driven uber thingy, premining or at least being early to the token. while investors speculate on the completion of one more token's goals in a sea of tokens, who knows better but the developer when it is going to be done and how well it might work? this gamble can make sense if you are not presupposing that your product is going to achieve market dominance. sure, you would not own and control it like an uber, but if you try to own and control it you might get stomped by the open source competitor (see: windows and linux as server os) as a web developer, i bet a surprising amount of the most expensive work of uber's app is careful legal ass-covering in hundreds of jurisdictions. a dapp that is not asking permission could skip this. i'm not setting out to write it, and i do not know enough about eth to be certain it is possible, but if it is there is incentive. we may just be too early, hardly anyone in the overall population of web devs writes evm.
dude i just want to get home from the bar. i do not give a flying fuck about daos and dghr and ggery and arcvu and whatever else acronyms you come up with
so like… a public company? shareholder have voting rights as well
okay? then do not enter a conversation about how complex companies are formed. neither company in this example needs you to understand the underlying tech in order to use it
i'm talking about how 99.999% of people will think, not just me.
yes but… still. where is the difference to a shareholder system? if i create 100 tokens, keep 60, thistributed 40 to the public of my dao and let them trade these tokens digitally via exchanges or directly otc, i still hold the power. i can of course thistribute everything but that’s also possible, i can just thistribute my company to shareholders. i’m new to this and i see some advantage but i don’t yet see whether this is not reinventing the wheel at many places. just like ai reinvents statistics again.
that was my point, 99.999% of people would not notice a difference in how they interact with either customer facing version of uber. it's the underlying infrastructure that will change, and investors. so again, you're punching fog here, you're in a subreddit of investors who are interested in the underlying.
if you want to go in depth on shareholder voting alone, then i would suggest this [paper]( which argues the inefficiencies of modern shareholder voting. the gist of it being that allowing for greater transparency, means that there is a reduced likelihood of nefarious voting (overvoting being a real thing). another difference is that a dao is really just a different idea to running a business, there is no top down leadership. think of it as a co-op versus safeway. there are advantages and thisadvantages to both. if you look at one of my other replies, you can listen to gitcoins founder on bankless explaining why he is converting his company to a dao.
dude, you said >the difference between uber and a crypto uber would simply be that instead of a small group of people determining the direction of the company, it would be a dao; coin owners would have voting rights on all major decisions in the direction of the company. but if i'm purchasing coin to use this thing it is because i want a taxi service. i do not care about voting rights or anything else.
hm. okay, i’ll have a look, thanks a lot. in the end, companies don’t succeed because they 100% follow a if-then-else form, they pretend to do that but there is little reason to believe that a really static, truly objective form would actually be better because we’re dumb as fuck and impressed by „strong leadership“ white old men with expensive suits. we also throw money into dogecoin. i’m skeptical, i think it would help finding an example where a dao as a business would actually be better. there is no guarantee that uber would perform better as a dac for example and since it is actually letting people drive below the minimum wage level, i’d doubt that would work out better as a dac where drivers have more control. uber has the market dominance and just prices every contender out of the market that tries to be fairer. let me know if you have something with an economic view. i trust the tech, that’s fine, what is much, much more important for the broader public is a solid legal base and economic expertise. it must work on the level of amazon, not just some guy’s pet project company with 50 people.
okay dude... you do not have to own the coin to use the service. you do not have to own yfi to use yearn, uni to use uniswap. this is not dave and busters.
isn't that precisely the proposal being made though? and if it is not, how is this different from owning shares of , other than not actually having any cash flows?
i think this [link]( is a good introduction to the benefits of dao's. you can listen to this [bankless podcast]( with the owner of gitcoin who is turning gitcoin to a dao and what he sees as the advantages and hurdles in doing so.
so who owns the liability? let’s assume i have some dao, i build it and sell its tokens so that i neither hold the majority nor do i hold control in some form. as an organisation, i’m now as remote as any other shareholder. now let’s assume this is a decentralised pornhub of some sort. all are happy and then someone uploads childporn. of course, the uploader is guilty of doing so but an most law systems, the platform owner are responsible for not showing that content. now let’s assume that our porn dao is not so good with compliance and it stays up and the parents sue the dao - who is legally liable? i mean all the tech sounds cool but from a legal perspective i don’t understand daos. am i liable as a coinholder because i own part of that and share that responsibility? then i would absolutely keep my hands away from daos. pretty much every company does shady shit in some form and if i’m liable for everything to some extend - uff, no. plus, thinking now from the finance perspective, things like spv would become even more confusing. i don’t see what daos bring what a good board of directors does not already bring for the cost of being responsible for everyone.
dude i've investigated this *myself* and can continue to do so, i'm just saying almost no one else will
corporations largely shield individuals from liability already, it wouldn't be hard for the current system to apply to a dao corp. we already have current examples of these kinds of companies in the modern world, 5chan is one. to say we should not have dao's when this problem already exists under the current structure does not make a ton of sense.
this is the dumbest conversation i've ever had.
so who would be liable in the above example?
i'm convinced cryptards are just giant autists who do not understand how normal people think
the corporation. for either company, they would be thissolved and i assume their assets thistributed to charities
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my eth is still here, it is just that it is not as popular as it once was, like 4 days ago.
i've seen this clip so many times, and every time i feel bad for the little guy
nowhere to be found🥺.this is the time to stay strong together and weather the storm
*\*laughs as a long time holder\**
at some point you'll be able to reverse this video to represent the sutiation without changing the title.
hey, that’s my portfolio! lol
i only know it’s down when i see these gifs.
it am not that serious
i staked all my coins! fuvk selling, i am in this for the long term. just keep buying you'll thank yourself later.
still up 791.5% on a year to date.
great time to accumulate before 10k
[mp4 link]( --- this mp4 version is 90.41% smaller than the gif (816.91 kb vs 8.32 mb). --- *beep, i'm a bot.* [faq]([author]([source](v1.1.2
that's me yield farming with a farm token; xcomb.
alternatively, ["me when i try to daytrade"](
muh digital triple point asset !! 😢
i assure you, better times will come.
i've seen this gif elsewhere, in reverse, titled 'magic trash panda pulls cotton candy out of water'. i suggest you find it and hold on to it ready for moon mission pt.2 later this year 🚀
lol. i’m seeing this as an opportunity to get closer to the magic 32 eth needed for a node.
only raccoons kept in captivity wash their food. free and wild raccoons don’t wash their eth and so they still wholly own their eth. be captive of fiat value or be free and wild, 1 eth = 1 eth.
that racoon is still smarter than anyone who invests in creepto.
i'm still over 2500% in 4.5 years, so good :d
in the full clip, the lil rascal grabs another piece of cotton candy and tries again. this is a reference to the fact that i never learn and continue to buy high and sell low.
this is the funniest gif i have seen in a long while. worth a hearty laugh.
lol, call me back when you're eth is down 95%
that's why we need diamond hands to hold, instead of putting elsewhere
in my arnold voice... were gonna pump... you up!!!
bye bye gains, i’ll see you later 👋
someone has been playing backbone
my gains have thissolved faster than a chunk of sugar in hot piss
better your gains than your principal.
alexa, play hold the line by toto
total in loss, but still holding as i trust in it is value
story... of... my... life... gotta love it!
🤣🤣🤣🤣🤣🤣 and that goes to all cryptos right now
when the water (scam coins) evaporates, the salt (eth) will appear again! eth is worth its salt!
bout sums it up in a nutshell...lol, still buying though.
this price drop has taught me to not care finally. i have my eth. i believe in. i don’t even check my coinbase account somedays anymore. pretty soon weeks.
you guys are gaining?👀
unrealized gains are just realized losses
i feel so dumb i did not exit at 4k
it's only rough if you bought at , you're just going to be waiting for a while
invest long-term, if it is low: i buy more.
the thisappointment of that racoon definitely topped the funniest post i read today😂🤣🤣😂😂
this is too accurate of our current situation haha
you'll be fine. take this time to focus on something else. health and fitness is a great thing to focus on when the market is down.
this is my first go at holding instead of trading. i just got my divorce settlement and put some in but i'm worried. i can afford to stake more but i'm thisabled and cannot work, so this is extra risky. lol.
is eth not still above 2k? how new are you guys?
ah good to see this meme again.
all my gains currently - including ppl the ones from my workouts :)
*i miss eth over 4000.*
patience is the key my fellow apes
andddddddd it is gone
this comedy is just a brief reminder that we're in the moment we should holding firmly our trusted cryptos with strong fundamentals like i'm doing with ada, matic, dot, ksm and udo
i feel ya , i’m only down ,000. chin up !
i'm so poor right now i cannot pay attention...or this dip
eth is not as cool as yesterday
i mean, 1 eth = 1 eth, right?
if it makes you feel better, it is part of a longer video where they give him more.
in the full video the racoon learn after a few times to not wash the cotton candy and just eat it, so at least it finally got its treat
i'm a rider on the storm after all, that is what nfs underground 2 said to me.
alexa, play riders on the storm
im still waiting for -80%, i want moar!
we'll surely get through this.
only option to do
lol *"what i had "* not anymore you do not poof!
i mean even i would be confused in this situation. imagine whats going on in this little fellas brain...
i only knoweth it’s down at which hour i see these gifs *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
how much were you before the end of may?
ouch, i feel this xd its not going well right now xd
ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [luis fonsi - despacito ft. d]( ─────────⚪───── ◄◄⠀[▶]( 3:08 :42 ⠀ ───○ 🔊 ᴴᴰ ⚙️
he does learn eventually. there's hope for you. lol.
ha ha that is gone, too. 😭
ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [toto - hold the line (offici]( ─────────⚪───── ◄◄⠀[▶]( 2:39 :59 ⠀ ───○ 🔊 ᴴᴰ ⚙️
in the end it is more sugar than water
the best game of them all.
what a song. 2004 mood.
ɴᴏᴡ ᴘʟᴀʏɪɴɢ: [the doors - riders on the st]( ─────────⚪───── ◄◄⠀[▶]( 4:46 :10 ⠀ ───○ 🔊 ᴴᴰ ⚙️
see you guys in a few years...
yer da sells avon mate
i never expected this kind of massive price decay. rates, rewards, and lp token value has decreased incredibly just after a week or so. this is not a nice welcome to defi for me, haha.
it's still not scalable tho.
shut up im cryinglaughing
sadly yes the tech is still there with slow transaction speeds, high gas fees and eth 2 nowhere in sight. i say this in a loving way as someone who has 80 percent of my wealth in eth tokens.
i love you for that.
here you go. the people filming knew what they were doing, though. so it is still kind of mean.
a fellow man of class.
underground 2 and gta san andreas, that year had the most time wasting i've ever done, besides of course the years after thiscovering crypto.
what's that, your terrible attempt at rapping?
never lp with a made up shit coin, apr looks great until said shit coin shits the bed. (happens every time)
thank you, yweh, for voting on ___alexa___. this bot wants to find the best and worst bots on reddit. [you can view results here]( *** ^(even if i do not reply to your comment, i'm still listening for votes. check the webpage to see if your vote registered!)
wait until arbitrum gets out of beta.
oooof, well i got quite a bit in eth as well. hopefully vitalik and the team can pull through soon. man that dude is smart. wish i was as brilliant as him
this does make me feel better! thanks, never seen this much of it before
haha i'm surprised i made it this long without getting burned like this xd ah well, you win some you lose some.
i'd settle for having as much $$:) - but yes, just listened to his podcasts with tim ferris and lex friedman and it is safe to say the dude is smart as fuck.
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actual good content that is not just price predictions? bless you op
i wish visionaries like this man would have the opportunity to witness the fulfillment of their prophetic words. alas, these things take time.
gooberment is the 1%
crypto is the sly!
a year of 6.5% inflation after years at sub 3% and everybody be like, “hayek was right!!!”. hayek was responding to hyperinflation in germany, 1000%+. i’m bullish on eth, but not because it does anything in regard to inflation. it’s a great technology with infinite applications and has the best developer community in crypto. inflation happens in the crypto market all the time. you can’t make more eth, but you can use it to create an infinite amount of tokens. and anyone can create a new blockchain project, as we see everyone and their dog doing. we buy that crypto with money that the fed prints.
hayek wrote a [book]( about this. he argued that a system of competing privately-issued currencies would bring about a stable economy without needing intervention from central authorities.
it’s a design not a flaw
the vision of this man is absolutely awesome. i’m literally in awe of his brilliance. it’s so interesting that the idea of competition in currencies not a new idea and that it is the next step in society. in the words of big l this guy is “so ahead of his time his parents haven’t met yet”
would have been badass if he had lived to see crypto take off
economists like him are once in a lifetime
fa hayek is satoshi
reading hayek really changed my view of the world. it opened my eyes to how much monetary policy is used to enrich the elite at the expense of everyone else. changed my political views quite a bit.
guess what no one can guess what is going to come in crypto market.
he really lived his life like a legend, such a great peroson.
i saw this video on youtube 3 years ago, it still feel the same.
the great defender of classical liberalism. interesting
increvable. when was that ?
crypto is actually changing the whole world in each sector of field.
if someone is predicting price of cryptocurrency, it is not going to be true.
gosh, and he talked in simple, understandable terms. most economists today are constantly dropping technical-lingo bars that don’t make sense to the average person.
this is interesting. i had never looked into him. i’m gonna have to read some of his stuff. it appears he is adamantly opposed to socialism, favoring the free market. but the current reality, where we have a “free market” but it is tightly controlled by a small group of individuals with interlocking ownership of “competing” companies, all to line only their pockets even more…would socialism really be any worse???
wow! i did not know about this man and he truly sounds fascinating. he almost sounds like a prophet.
i know we like our confirmations but dude, world's greatest economist? the dude is a neoliberal shill who has supported people like augusto pinochet.
any chance you'd post a link to this vid? i'd like to share with a boatload of people who do not reddit.
did he say a magician?
thank you op for this, great info...🙏
now the government is trying to control the evolution of language too...
visionary. except i’m confused why this is in . hayek would clearly be a bitcoin maxi if he were alive.
amazing foresight. but politicians have been scum since the dawn of time.
wow! that was great. so ahead of his time.
hey you found satoshi.
"introduce something they cannot stop" this sounds amazingly like crypto! unstoppable and immutable!
not even the presenters of that show had an idea of what he was talking about, he was so ahead of time
so what happens when other world renowned economists say the opposite? are you going to post them on here? my issue with using videos like this as support is using it to fit your narrative because you wouldn’t have posted this video if the guy had the opposite “vision” which seems to be the buzz word in some of the comments here.
at the end you can tell that he really wanted to tell us that this thing we can’t stop is ethereum, but that would reveal that he was.
he seemed like a very kind person.
absolutely brilliant! ahead of his time.
what did he see coming? i do not really understand.
great post! here's a nice read i found in this context:
real men of genius
you god damn right they cannot take my coins if i lost the hw on a boating accident.
there’s a beginning a middle and an end.
thank you, i saw this interview clip years ago and have been dying to find it again. maybe hayek was satoshi.
what a wise man, when was this?
this should be played in its entirety during the super bowl
wow, good stuff. i’ve only seriously only started learning about money the past year as i have finally worked hard enough to get some money to start investing. and seeing how the system is so rigged is so frustrating
this man can see the future
well that was pretty incredible. born too soon. he would have loved to have seen what’s going on right now.
oh how he would have loved to see blockchain developing. what a cool dude.
bravo! excellent post. too bad he wasn’t referring to eth,,,,
unfortunately its not applicable in the process of making my self rich!
hayek not loving to see the rise of competitive currencies is as heart breaking as mises not living to see the ussr collapse.
everyone saw it coming, many were just too scared or ignorant to take action
can we reanimate him please? the world needs a dose of hayek on the regular.
this is awesome. where did you find this video?
that's really fantastic. i would really appreciate if we see upward momentum.
to anyone who has any idea about the inner developments of emu, this is just macroeconomic madness
ampl! man those were the days when it first pumped
never expected a lil old man to give me such a raging hard on.
for those looking for a link its on youtube:
hayak was a wizard of odds (monetarily speaking) . he knew if we as a government ran huge debt printing trillions in fiat money…. some people would go into clams, crypto and chocolate bars. for a marker of wealth to exchange. i am going back to pigs and chickens when we fall off the $. china is putting an expiration on their national crypto. how about money that could be expired? 🤦🏻
credit came in existence to hold kings accountable for their finical actions
i hope his so called long vision will be true and world will follow that.
i wouldn't say he saw it coming cause he did not mention crypto once. but he did predict the decentralization of money. or as he put it denationalization
harambe bless you all.
imagine thinking hayek was the greatest economist 😂
i think at the end of that clip he was mouthing “eth”
i think someone needs to be whales before being a economist.
if you would like a fun intro to the difference between hayek and keynes check out the keynes vs hayek rap battle, it is amazing and actually informative: macroeconomics is very dry, these guys made it interesting.
almost makes me cry. we’re doing it, right here, right now, while i sit on my toilet.
every system that takes the power from the government and gives it back to the people will and should succeed.
cool, so lets track the value of eth vs usd over the next couple of years and we can all have a good laugh at the "ultrasound money" folks. it'll be ultrasound money because you will be as underwater as a submarine. and charged 20 fucking dollars to spend it.
that man was ahead of his time. i understand all the given accolades now.
do you think that situation will improve down the road?
satoshi hiding like waldo
cryptocurrency and blockchain will definitely help improving economic situation of many countries out there.
i wrote my bachelor thesis on hayek in regards to bitcoin.
he also predicted that eth will pump this year
amazing. thank you for this.
for being a economist what we need to learn to be the perfect.
everytime someone is going to predict the price, that guy is pretty sure a whale.
he is grandpa satoshi
but the problem is that the banks can stop crypto because they control the governments that control the businesses, laws, internet and media. crypto is being corrupted as we speak. they’re destroying it through derivatives like gold.
satoshi, is that you?
the more early people will understand about crypto, the more early it will be on the top.
the only thing has evolved is greed.!!
any good books to recommend by this guy?
which year was it?
hearing the term economist gives a cool effect on hearing.
who would have thought the worlds greatest economist is also a magician 😂. great clip though.
the whole market run on one thing and that is comments of people.
i am just waiting for the day when i can buy fuel with cryptocurrency.
damn he is such a wise man. he spitted so much facts.
0x21ee68... [tipped]( you 1.0 donut!
i really like the way he talks, such a calm person man.
yes no one can control that, he knew that very well man!
he was really really ahead of his time, love the video.
for being a super rich from crypto, people need to be whales.
i remember some years ago people used to call him the prophet of crypto.
0xa1ad64... [tipped]( you 1.0 donut!
thanks for sharing this clip man, i was finding this.
this man really knew many things of the future. goat!
i am not the best economist because of one thing and that is math.
what a fucking goat! he predicted many things, so ahead of time.
we really need more people like him in this time, he inspired millions.
so great man, he was a wise, kind and an amazing person.
this legend really predicted cryptocurrency market.
the only reason i am not a economist is because of math.
crypto currency is going to be future so we all need to assured on that.
i am happy that this guy makes a positive approch about the market.
0xf79fba... [tipped]( you 1.0 donut!
how remarkable. i wonder if satoshi took inspiration from hayek?
these ancient ideas about money are the main thing holding us back today. you go down that path and you come out of the other end a smoothbrained bitcoiner.
plot twist, he is satoshi nakamoto...
this man definetly is satoshi nakamoto
what is with the background music?
what if he is satoshi...? 😮
bless you more bruh :)
too bad this sub-reddit will downvote hayek as soon as they find out he’s anti-socialist and a classical liberal.
intellectual person god bless him
see the vision of great legend lovely
the domination of coins and fiat will come falling down soon.
but in my thinking no one can guess the price prediction in cryptocurrency.
bless you and all the eth you mine, may it be with you at all times
so true bruh!!! at least we will always remember his words of wisdom cos his legacy lives on :)
the time it takes to prepare something of such importance must be considered
many today are and will experience it in their own lifetimes.
the 1% and even so they continue to exercise power, it is somewhat rude to analyze
it's unfortunate though that the biggest whales in crypto are institutional investors that constantly manipulate the market and collect profits from every dip and rally.
that's not the point, the point is to take control of the money supply out of the hands of governments.
it's closer to 25% on some things. and you have to consider that with so much of the world being dollarised it is significantly worse for them as they get zero benefit from our money printing. americans at least get infrastructure and some social programs
what a true legend indeed :)
it is a true legend, and it must be appreciated as it should
faults can be identified ahead of time, it does not depend on the faults but on what can be avoided by finding them
and it is not a joke, his ideology was very well prepared and had quite a few revelations
exactly bruh!!! no one could have described this in a better way :)
it's like he is an adam smith, it is very hard to find fault with his reasoning
that's so deep and true bruh!!!
twice. milton friedman ftw
0-100 thats all . god give us some good human they speak something inevitable
he very much hath lived his life like a legend, such a most wondrous peroson *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
it's one of the best things i've seen, and i'm not saying that out of exaggeration.
yeah bruh... he is truly awesome :)
independence and free will is what led him to be the way he is now
because they want to keep you confused with jargon. their words genuinely mean nothing to them either, it just keeps the notion that if you don’t get it you aren’t smart enough to argue.
he is beloved by the right wing and libertarians.
our current situation is the illusion of a free market. the scales can’t balance if the government is always leaning on them
yes, yes it would be. look at how “socialism” destroyed cuba, venezuela, and north korea.
doesn't matter what market you're in, you're gonna get shafted by someone.
hayek is basically the originator of neoliberalism and supported brutal dictators like augusto pinochet.
have a peek at milton friedman's perspective its similar and he is fantastic at arguing
you also should know that he was against democracy and backing the fascist dictator pinochet in chile.
because he has a fully framed vision of where his goal is, it is impressive
it’s unfortunate this is the only criticism of hayek i’ve seen
what? it's been a good 10 minutes since i watched, but he was saying that money should be allowed to progress in technology without government stifling it. ethereum is certainly a progression of money and what it can do.
it's asynchronous for the most part and that is why it works too, it is awesome
austrian economics have existed for a long time.
someone who gets it :)
you are free to post a counter argument. what kind of fool just complains that somebody else has a “narrative”? if you’ve got a narrative share it too! we can all learn by debating the merits of different points of view.
> when other world renowned economists say the opposite? the upcoming financial collapse should help you work out who was right.
if they are keynesian their opinions do not matter.
yeah he was a wise guy, i think this footage is recorded in 1984.
yond's very much fantastic. i would very much appreciate if 't be true we see upward momentum *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
nev'r did expect a lil fusty sir to giveth me such a raging hard on *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
thanks so much u
this sir very much kneweth many things of the future. goat! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
the basis of cryptocurrency? get back to antiwork. rothbard won the argument.
nice one bruh, where do you get such interesting stuff
may vitalik bless you with some nice gains
i'm a democratic socialist and i respect this man's words, whether he is anti-socialist or not. there's a lot that we can learn from wise people, whatever their political and religious beliefs
classical prejudice here ;)
what are you talking about? people in this subreddit complain about having to pay taxes and have a thistinct libertarian bent. this is not .
i will never do that, he is such a great personality man.
those 2 traits do not go together at all, while they are supposed to be one in the same!!! how was that even possible?
you just made it political for no reason. do you see any problem with that? this sub is not only amerifags
looks like his predictions are more accurate than yours
their in crypto days are numbered
his legend lives on
exactly, it should not be underestimated. you have to love
genuine words make you change your mind when they intercede under other conditions
who have shown for decades not to have a clue how economies work - given how often they crash them
that is the correct way to express yourself, and also to put things before socialism
removing government completely from the scales means that the corporations have free reign to force us into servitude and endanger us for profits. corporate feudalism is the end result of shackling government
yup exactly, see my response below to one of these other dudes haha
i do not think you can compared your examples to socialism of europe.
no, no it wouldn't be. look at how "socialism" succeeded in new zealand, canada and sweden.
argentina is going the same way, venezuela has a very difficult situation to intervene
😭😭😭 fidel ruined my grandpapis sugar plantation
yeah the amount of fawning over this piece of shit hayek in the comments is gross tbh.
hayek was not against democracy. thats just a lie. really the whole thing is a lie hayek said he would prefer a "liberal dictatorship" to a "democracy lacking in liberalism" this does not mean he supports dictatorship lol.
if you use a pronoun that someone does not agree with, or use a definition of gender that the government does not agree with, you can be punished for thiscrimination in some jurisdictions. so you have to change the words you use, since the government has seized control of the words you used to say. for example, to get the previous effect, you'd have to call women's washrooms "birthing human washrooms".
with different perspectives, different conclusions can be reached, which lead to a certain result.
i receive your blessing and i tell you that you are blessed in all the transactions you make
i can respect that.
well, if it makes you feel any better he did support some sort of minimum income & welfare who could not integrate well into market oriented economy.
if only more people behaved like this...
what. liberals on reddit hate china and russia, what are you talking about?
??? what...? that is...not neoliberalism...neolibs are not socialists or communists or anything of the sort, are not fond of the ussr and are definitely not fond of china. i think your mixing up neoliberalism and hyper progressivism.
classical liberals are capitalists and hold some more libertarian views. beliefs stemming from john locke, jean-baptiste say, etc. they may lean left on some social issues compared to modern american libertarians or centrists, but they also believe in classical economic principles (ie adam smith), which is not the case for some modern, progressive liberals. so yeah, those two things are not mutually exclusive (liberal and anti-socialist). leftist does not mean liberal.
classical liberal is more closer aligned to libertarians than the progressive liberals that we think of today.
is an oxymoron like: peace force, small crowd, old news, etc.
who are you talking to?
some kind of wise guy ?
he is a person who has knoledges and who name it is the ceo of bitcoin
to answer your question, which was probably rhetorical anyway: if government is currently making things worse, why would you give them more power? would it not be better to assert your freedom?
all that stuff is fine. but i think you’ll find that a lot of the “socialists” here on reddit don’t want capitalism with democracy. they purposely want to get rid of capitalism. they call communism socialism cause they know communism is a hard sell. they never call it communism in venezuela or cuba.
it only depends on the point and the place where you visualize and the perspective you get
because one’s actually communist and the other actually just lots of welfare programs but we’ll never know cause communists call both “socialism” to purposely push their communist agenda.
those are capitalist countries with big welfare programs. kinda like the u.s. that’s different from socialism. where govt takes a more active role managing the economy and companies.
none of these countries have a population that comes close to america. if you want to compare something, compare something that makes sense. also, those countries have no diversity whatsoever. they also don’t have an illegal immigration problem. the fact of the matter is, you can’t find a country with 300+ million people that operates better than ours. you actually can’t find one with a 100 million people that is better than ours. so if you want to compare how a bunch of white people run their small countries, than great, go judge canada, sweden and new zealand. tell me who is better and you can go live there. oh wait, will they let you in?
what an ignorant ass comment. people are poor and destitute in cuba thanks to fidel. they barely have cell phones and internet access. you don’t see people risking their life to take a raft to cuba. quit being so ignorant.
not surprising given all the other fraudsters and pieces of shit that get fawned over in this sun just because they also thought they would make money on crypto
maybe you do not agree with his opinions, but if you think he is not a fascinating person to read about then you i do not know what i can do for you. consider how old the video is... he must have some good ideas.
don’t be a dick then? has this actually happened to anyone?
utilizing different words, thisparate concepts can be conceived, leading to separate mental constructs. ?? forget the ?
the point is that hayek's vision is not the one being followed by government monetary policy makers; they are following the ideas of keynesianism. everything you see happening,, from rampant inflation, zero interest rates, skyrocketing houseprices and rampant speculation, is attributable to the keynesian policies that have been implemented, worldwide, for decades. the consequences of terrible ideas are playing out in real time. and theoreticians would not be able to hide from them much longer.
about what i'd expect. dissociated laughter is as reasonable of an argument as you get from any soolcialist when posed with the economic calculation problem. 24 hour socialists try and thiscus economics without gaslighting challenge.
wise guy from the mob?
ceo of bitcoin, huh.
in a broad sense i’m not saying to give governments more power. merely pointing to the fact that when you have two ideas that are theoretically “different” but the outcomes are the same, which the outcome i speak to in this instance is a working lower and middle class that is completely under the foot of *insert elite class of choice*, what’s really the difference? as i said below, i would be curious to see what he would think of our current “free” market where citadel and black rock, and all the corporations they own, are running the show. important to note here i feel since everyone just gets to muddy the waters as fits their narrative, i am a supporter of democratic socialism. i would not say the us free market should be replaced with communism.
>communists call both “socialism” to purposely push their communist agenda. bruh i cannot even get some mass transit in my city because the conservatives wig out and call it communism can't get healthcare, cannot get anything because gommunisms
its purpose is mostly not to benefit the majority and that is when the ideology is damaged
they took action to develop a plan that might not have bad reactions.
ok fair, but i'm not talking about a purely socialist government. rather a mixed one. where some regulation is done in specific markets to protect it is citizens for extreme prices or to give them unemployment benefits, minimum wages etc.
i did not say he was not interesting to read about. i've read a lot about him, his economic policies, the chicago school, and so on. i said fawning over him is gross. he does not have good ideas. his ideas did not work (chile's economy only improved post-pinochet, for example) and he openly did not care about democracy as long as neoliberal reforms open up markets.
not every one thinks calling someone by the pronoun that matches their biological sex is a dick move, and in any case, the government should not be in the business of defining what a dick is, and punishing people for being a dick in their speech. you're rationalizing totalitarian laws that violate free speech, i.e. censorship. >has this actually happened to anyone? a racist trans person contacted numerous aestheticians in vancouver and asked them for a women's bikini wax on their (cannot use 'his' in case it violates the reddit "thiscrimination" policies) male genitalia. this biological male (cannot use 'he', because of the thought) then filed human rights complaints against those who refused. several gave him thousands of dollars to settle. several closed their businesses down. many were low-income immigrant women.
who is a a socialist? i belive in regulatory structures of goverment and of capital, and the necessity of democratization to act as a structural foil to untrammeled privatized power. lolllololololololololol
libertarians and their ilk are literal joke humans. hahahahahahaha
i would say that the companies *are * running the show. congress are a bunch of paid lackeys.
you sound pretty smart, and educated. can you tell me of another country where someone can literally be born on the bottom and legally rise to the upper class? where else can any citizen get a loan for a business venture and turn that loan into a profitable enterprise that would literally change the growth of their family tree? if someone chooses to be a worker, so be it, it is their choice. if someone chooses to be the owner, so be it, it’s their choice. just because poor people don’t take on risk, doesn’t mean the system failed. it means they failed to take advantage of opportunity.
the problem is that socialism, “democratic” or otherwise means big government and the bigger the government the bigger the corruption.
bro, as someone who’s family emigrated from cuba and venezuela and has been talking politics a long time. don’t try and bullshit me that people don’t want communism. i’ve argued directly with communists before. antifa walks the streets of usa with soviet flags and burns us flags. please don’t gaslight me and others. there’s at least 10%-20% that would totally be okay implementing communism. we’ve had polling to corroborate those numbers.
price controls never work. it’s literally the first lesson they teach in ap economics. it would only lead to shortages where that good is produced less. minimum wages and unemployment benefits are fine as long as it’s done in a way that doesn’t incentivize them to stay unemployed.
if someone wants to be called “she” or “he” why would you not do so? at least while you’re in their presence (you can refer to them however you want when you’re alone) that’s just being a decent person. (golden rule, etc) furthermore, i actually googled the story that you told (to make sure it was accurate) and you’re a bit off on your account of what happened. [here’s the link ]( so basically, the government is not controlling your speech, but societal norms are. despite your feelings about trans people, you live in a society with rules, and if you don’t follow them, you may be punished or ostracized. that’s how it’s always been. furthermore, not waxing someone’s genitals has nothing to do with the language you use to refer to their person. so, if you’re in the states, the bible belt seems like a good place for you to relocate (plenty of people who hate trans peeps there) or if you’re *actually* in canada, just head north until you find a mountain far away from society. then you can yell slurs from the top of your kingdom.
lmao. who do you think created the structure which allows the current corporatist system? who coerces the population to transact in the same medium they happen to hyper-inflate into oblivion and sets different rules for leveraged capital entities through lobbying and incorporation protections? the bitcoin whitepaper is literally an homage to austro-libertarian economics.
pretty sad when you type out maniacal laughter, and consider yourself a reasonable human being... riding the sled backwards down the bell curve.
and yet smaller government is easier to corrupt completely, or ignore altogether
the first thing you learn as an adult is that the things taught in high school and undergraduate are setup as pedagogical examples for students to learn, not to be taken as ultimate truth. there are examples where price controls were used to good effect. did the class at least thiscuss the us price controls during the oil shock in the 70s?
this man out here spittin’ truths on reddit. a brave soul, no doubt.
ludwig von mises was right.
listen i’m a huge supporter of democratic socialism. i would not argue that the us free market should be replaced with communism. but in 20 years when the minimum wage hasnt raised from 7.25 because of people like 20,30,40 year career politicians like mitch mcconnell and freedom, free market, trickle down economics, and all the major corporations share the same board members, and all the institutions which are controlling the stock market own controlling shares of each other and those corporations….does this really sound like a free market? it’s an illusion of a free market, is what i’m getting at. the most significant piece of data to me is the wealth gap which has been growing exponentially. if on one side you have socialism, and the other you have a “free market” but the outcome is the same…again would it really be worse? i understand this guy was writing during the cold war and before that when we were still allies with the ussr and he was writing in relation to that. i would be curious what he would think of our free market when looking at black rock and citadel and how they’re running the show.
controlling the price in an authoritative way is not reflected much because its value is intrinsic
>if someone wants to be called “she” or “he” why would you not do so? at least while you’re in their presence (you can refer to them however you want when you’re alone) that’s just being a decent person. (golden rule, etc) that does not address my point. you're still trying to rationalize totalitarian control by making the case that you \*should\* follow the government's directives. it should not be illegal to call them by the pronoun that matches their biological sex, no matter what you or the government think is right. free speech does not mean free speech "as long as it does not offend some political cult". it should not be illegal to bar every one but biological women from women's washrooms. the government should not be exerting totalitarian control over people to force them to adopt one particular idea of gender and one particular definition of "men" and "women". >furthermore, i actually googled the story that you told (to make sure it was accurate) and you’re a bit off on your account of what happened. here’s the link what part of that article contradicts my account of what happened? did several of the aestheticians not settle for thousands of dollars? did several not close their businesses? >so basically, the government is not controlling your speech, but societal norms are. when the government says that a "women's washroom" must mean a washroom open to any one who perceives themself as (identifies as) a woman, and will expropriate the private property of any one who does not allow their private washroom to be used in line with this definition to coerce them into following its directives, it is controlling speech. >that’s how it’s always been. furthermore, not waxing someone’s genitals has nothing to do with the language you use to refer to their person. the heart of the contention is that spas advertised as offering their services to women, and the government considering it prohibited thiscrimination to not include biological men, who perceive themselves as women, in that definition of women. so it is all about language, and the government trying to change it through fiat. >then you can yell slurs from the top of your kingdom. like i said: you are supporting exerting violent control over other people, via government mandates, to dictate how they speak. it comes from a massive unearned moral superiority complex, exemplified by this thisgusting dehumanizing bigotry, where you engage in defamatory character assassination against, and want to exile any one who, exercises free speech and expresses opinions you thisagree with: >so, if you’re in the states, the bible belt seems like a good place for you to relocate (plenty of people who hate trans peeps there) or if you’re actually in canada, just head north until you find a mountain far away from society. then you can yell slurs from the top of your kingdom. this is how the totalitarian left-wing cult, that is increasingly controlling all government institutions, operates. character assassination, gaslighting about what the laws actually do, attempts to rationalize censorship, dehumanizing any one who supports free speech as a bigot, etc.
the idea that a commodity based currency somehow defeats centralization is laughable. i'm sure you're the exact type of joke human who cannot realize that private power structure also functions as centralized power and authority... in fact the genesis of centralized authority was precisely through entirely private power. the earliest goverments were merely private amalgamation of power... essentially early land. the trajectory of the evolution of centralization has been, through fits and starts, the democratization of power to combat privatized power and the influence it exerts over a body politic.
i assume small government can be corrupted same way a big government can, it’s just that it won’t affect you as much.
please show me an example of govt instituted price controls working.
he had the thought rigidly raised in his being and that is to be admired
it’s not illegal to call someone the improper pronoun, it’s simply frowned upon. no “political cult” is forcing you to be an asshole. seems everything is controlled by the government according to you. if the government made it illegal to not drink water, would you drink only gatorade? that’s the vibe i’m getting. and your exaggerations of the situation are simply ridiculous. “violent government is gonna kill me if i call a women a man!” you just keep spitting nonsense with no information to back it up. therefore i will be ignoring any further comments you make.
seems like you're inventing arguments now. who mentioned commodity based currency? who talked about private authority, or said anything about governments being "better" at any point? the fact that you think the current political landscape allows for actual democratization of anything, especially through governmental power leaves little room for debate.
it also cannot actually stop the things that usually corporations are corrupting the governments to look the other way on...negating the purpose of removing it in the first place.
please show me an example of how our “free” market is actually a free market 😂
no, it is illegal in some jurisdictions. you can be brought up on a human rights complaint. and the people who pushed the gender identity rights legislation want to make it illegal across the board, as they consider that kind of speech hate speech. >seems everything is controlled by the government according to you. you're not paying attention to what i'm writing. i explained how in the example i provided, the government is controlling speech: the heart of the contention is that spas advertised as offering their services to women, and the government considering it prohibited thiscrimination to not include biological men, who perceive themselves as women, in that definition of women. so it is all about language, and the government trying to change it through fiat. i know it is hard to come to terms with how your political movement is a totalitarian cult, but it is better to face reality than continue to live in a delusion.
so you rather have a big corrupt government than a small one?
tv's and computers are a consumer good that has relatively little govt interference and prices have gotten cheaper while they have consistently gotten better and better.
i hope they use an erasable blackboard to write the prices though
1. yeah that is smart.
this am not adoption because literally no1 is dumb enough to pay in bitcoin over fiat. a business accepting crypto means shit if people would not pay it. they are just desperate considering the big inflation in a lot of countries. btc transactions are slow and expensive and volatility means that the coin you own might just increase 10% in value overnight. why would you trade it for anything, less of all street food.
i'm guessing what they are selling is ~. a . i'm all for adoption, but if you're a bitcoiner at this point, you're basically preaching "store of value" since it is not useful for everyday transactions.
pay .25 cent lemonade?
...and pay a 15 dollar network fee for two ice cream!
bitcoin transactions take 30 min. by that time the ice cream will melt, no? ethereum is much faster! 😺
is this in el salvador?
how cute, love it!
either that dog is huge or those people are tiny
the stand will have opened and closed for the night by the time the first transaction comes through.
the fees alone will put them out of business in a week.
that is one big doge.
goes to show people have no idea what the hell they are talking about. look at all the comments about fees and none of them have any idea they are using lightning network. just proves people regurgitate what they read and eco it out. rinse repeat.
i hope they mean bitcoin cash (bch) and not bitcoin (btc). otherwise that’s just a waste of time.
can i adopt that dog?
i’m sorry but bitcoin and eth still terrible forms of payment. maybe to buy things online sure, but i would never do a transaction in person right now transactions take too long and you get overcharged with bad conversions. i think stablecoins have the most promising future for payments at least until a crypto becomes a world reserve currency
what makes me sad with this picture is seeing 3 thisadvantaged people, a woman and two children, being happy to earn whatever few dollars they can. the world is cruel. disadvantaged people deserve better. they are good people. i want to send hugs to all 4 (including the dog) and i want to buy all products they are selling just to support them. sure, i can pay with bitcoin or ethereum.
bitcoin cash would’ve been the better choice
that’s a good boi. buy doge
holy shit does no one know what is the lightning network here? these are the most low level fud for btc. we should be smarter than that lol.
random tire in the background let us me know what i'm in for, but i still want to visit and pay for a snow cone with bitcoin. support local business!
next stop for them is selling flavored drinks from their new lambo?
this looks like a third world country, fyi this cones cost around .25c-1usd max, its impossible to pay that amount in bitcoin. my question is if it is adoption or if it is just the lenghts where bitcoin is known.
let me know when my mortgage company accepts then we can start talking adoption
that'll be .50. wait, 1.55 now. no, 1.32. ok, it is 1.47.
that's a huge dog!
can anyone tell what these kids are standing on? haha. stellar.
this lady sells right down the street from me... she lives near malibu
dominicans love cryptos! nice!!!
i wonder how much they’ve actually pulled down.
, when what they are selling is
off-topic- is it me or that doggo is huge?
her currency probably slid like 20% yesterday anyway and 20% more today. a lot of unstable countries could benefit from crypto
people will always want to buy the dip!
the average transaction fee right now is probably in excess of 50% of the average daily wage in whatever country they are in, lmao. no one is gonna pay like this.
crypto payment solution is the next generation of money as the mainstream adoption of digital currencies is absolutely inevitable
yes it is .
llorando lagrimas de felicidad.
so wholesome. it really is. i'm just excited she is adopting crypto. she is a face i'll never forget
if transaction fee is like 12 bucks how much are they charging for these icecream cones?
cant wait till i can pay with hbar and albt soon. especially since they both partnered. not ice cream though *pays a foot and a half of gas fees for an ice cream cone*
lol imagine paying 10x the value of the product in fees and waiting 10min.
but seriously how is he doing this?
this is satire right? making fun of what bitcoiners see as adoption vs the whole multi-billion dollar world of defi which is real adoption.
according to what’s in the bottles... i may be buying.
seems to me if one stops comparing bitcoin to the dollar it is possible to have an economy with bitcoin.
wish you all the best guys!
can we remove the dog from the pic? i really like them but not in crypto posts
yeah like people are going to pay in bitcoin. adoption is always going to be hard if one day the coin costs 1 $,
if the ice cart woman can accept bitcoin then elon sure can
she is from el salvador el tunco beach, i'm el salvador too, in that beach is a new culture of bitcoin, you can pay and purchase bitcoin in a atm
and the payments is with coinomi, is the one that they use
you can read more here about how it works, is in spanish. el tunco beach and el zonte el salvador
el zonte, el salvador 🇸🇻
oh man, been seeing shit posts like this since 2015 heh.
wtf, they btc lol
i said my dad i bought a bitcoin and now he banished me
ah yes, that will be 0.00003 bitcoin please
i see it happening more and more
now that is awesome!
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [bch]("last usage")[coin] bitcoin cash [btc]("last usage")[coin] bitcoin [dag]("last usage")[directed acyclic graph]( a method of organising data with no loops [eth]("last usage")[coin] ether ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 26 acronyms.) ^([thread for this sub, first seen 29th may 2021, 14:55]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
hopefully he buys some shoes with his new fancy bitcoin
i can dig it.
they always leave it at 1 btc per cone to avoid confusions.
sounds like a lot of work. she would have to check the price every time someone wants to buy. this way some people would maybe wait to buy the dip.
why, the price doesn’t change...
and wait a few minutes before the transaction somes through...
maybe they use lightning network for these smaller transactions
at least it is better than eth stupid gas fees lol
love erases transaction fees
i had to google "strike" ... it is a lightning based 3rd party service? i guess it is adoption-adjacent
this is probably in venezuela where the fiat isnt even worth wiping your ass with. i could be wrong but to my understanding crypto has become quite popular among people in venezuela i think they also use foreign fiat but im not 100%
the only reason you know about that random ice cream stand is because they accept crypto. i doubt you'll fly to south america to buy ice cream from them, but publicity is publicity.
you are wrong. lightning network is instant and transactions cost pennies. these people live in hyper inflating economies and real adoption is happening.
they are using the ln (see the strike logo)
you have to take profit somehow.
there’s a strike logo🤨. meaning lightning network transaction
strike is layer 2 transactions are cheap it is perfect for countries without stability that need a monetary system.
it’s lightning based. super cheap and instant
please learn what strike is, what layer 2s are... same way you can pay between coinbase wallets without fee.
love erases fees racist
eth fees are insane tho
they are using the lightening network (see the strike logo)
flexa network and amp token solves this for brick and mortars.
yes, i skated there like 3 years ago
during these bearish times we are all one
it seems stray dog, go el salvador and find him and adopt him
you sound like a genius every time you say “educate yourself” lmao
el salvador you can reas more here
read more about this here
its dog not doge
roundups = simplicity. everyone wins
maybe 1btc for a lifetime of ice cream. that would be a deal worth thinking about.
1 btc cone better be wrapped in that gold stuff with gold flakes sprinkled!!
so you’re saying because the price of bitcoin goes up, she’s going to charge more for an ice cream? no, she’s going to charge the same price, it’s fixed. just take a few seconds away from projecting your own level of intelligence on other people to think about it. you do realize by jumping on the internet and calling a stranger an idiot, that’s essentially branding yourself an idiot in the eyes of...well basically everyone. so where do you want your tattoo?
are you an idiot? you sure sound like one
can’t take a bite of the cone until 3 confirmations.
they have a strike sticker on their cart so that is exactly what they are doing
can you explain how this works? i am confused by lighting because i feel like for one time transactions it is still expensive right? you have to open and close a channel for a one time transaction, which equals two transactions so twice transaction cost? or maybe i lack understanding of ln, can you help?
at this point just go with nano that is feeless.
you know cardano doesnt have a mainnet until at least august, right?
but i wouldn’t know where that stand is even if i lived in that town lol
yes i am sure people are actually paying their groceries with btc. no1 is touching their owned crypto while volatility is high and adoption am not happening until prices stabilize for the long long term, even then most people will just keep on hodl out of fear. personally i would rather you cut my hand than do any kind of shopping with btc when i can pay fiat. as i said, whether a store accepts crypto or not is irrelevant when people will never pay with it. adoption at this point is business owners hoping some dump person will actually pay them some btc which might go up in the future in value. you are right about the lightning network, i totally missed that.
i mean, 16 min transaction time was like 16 gwei a few hours ago. seems pretty reasonable to me.
oh neat my quess was venezuela. apparently things have gotten so bad in venezuela crypto is becoming fairly common.
what? it’s a question bro
no i hope btc dies as fast as possible so that eth can be decoupled from this shitcoin.
i like the thought of an ice cream cart giving out lifetime supplies. you can have as much ice cream as you want - but you never know where the cart's going to be when you want to get it
i thought the payment apps adjust the price for the product in real time, that’s how the one i use works
i agree with you but you’re way too upset.
i’m honestly glad so many people still don’t understand it...i’ve just been doing this for a third of my lifespan and i’m still shocked by how little i know.
if you look at a cone and think, this is worth x dollars, so i am going to charge x dollars worth of btc, then it will change. but if you look at a cone and think, i will gladly trade this for x btc, then the price should not change. quick edit: i'm assuming they are selling ice cream cones. i looked at the photo again. now i'm not sure.
so if i, who has never used the lightning network, wanted to purchase a cone, it would be instant? i wouldn’t need a crash course in how to open a channel or the fees associated with that? i could just send my btc instantly and enjoy my come before it melted?
lightning is a joke.
you have a good eye for details :)
wow that is sick!
that is encouraging. nice catch.
it's layer 2 on bitcoin's network.
to use lightning you must first open a channel with someone, which is an on-chain transaction and is still expensive, as you point out. however, every transaction that you do on lightning after that is extremely cheap, because it’s not committed to the blockchain until someone decides to close the ln channel. lightning can “route” payments across the network. if you think of every person on ln as a vertex, and every channel as an edge, the mathematical graph of ln can be traversed from one person to any other person connected to the same subgraph. so you don’t need to open a channel with everyone you transact with; you just need to open a channel with one “well-connected” node and you can effectively have access to the rest of the network that they’re connected to. to access people multiple channels away from you, you just pay a small fee (1-10 satoshi usually) per “hop” to incentivize everyone on the path between your location and the person you want to pay’s location.
i believe that’s all dealt with by the wallets these people are not running their own lightning nodes lol
you can send btc for free on coinbase to another coinbase account
true. is nano a good project?
do you think ice cream is gonna stop existing after august?
i'd actively search for it for the satisfaction of being charged with fees ten times the size of my payment.
in my own personal case i completely agree. i was just pointing out not all use cases require stable prices when your day to day fiat is itself volatile. i think as we all use btc to store wealth the daily use is growing in less fortunate areas via lightning. mass adoption takes time and this is all good
heh, so maxis think it’s cool to go to a store without knowing if the transaction will take ?
no, i mean, nice that you recognized it.
why would you like the thought of this?
ah yes, the ice cream uncertainty principle
businesses like these can’t afford to accept x amount of a volatile asset. let’s say 100 cones costs , do you think he can sustain this business if he accepts a volatile asset regardless of its usd value instead of accepting ? most probably not and if he can, then the cones must be very expensive to compensate for the price impact due to volatility
i think they are selling adoption!
this small part of el salvador is running on btc lightning. there are lots of articles about it. also peter mccormack visited the place
it’s an l2 just like all the ones you are drooling over in ethereum
maybe for you but it is a lifeline for those in a hyper inflating economy
that makes sense. still kind of a workaround tho
but to make a lightning transaction you have to open a channel right? and that is a first layer transaction?
it’s the same, except you keep custody of your bitcoin with lighting. so if you don’t trust any exchange, it makes sense to use the lightning network. what i don’t know is if strike requires you to identify yourself to pay.
i like it a lot. i'd be invested in it, but i swore to myself i wouldn't touch anything that is not eth after i got burned by every coin imaginable in 2018.
i'd say yes, but they are currently experiencing spam attacks which is slowing down their network. if they can get a permanent patch then they will be good.
i was pointing out how most cardano stans have no idea about the project, its timeline, hoskinson, blockchain tech in general, the history of the eth foundation and hoskinson’s role in it, how the project has been in development for over a thousand days and zero smart contracts have been deployed… etc
fuck cz and his centralized shitcoin. fuck cz and his outright thievery. i’d use a bank and or credit cards every day before i touched anything that cuntstain put his hands on.
same here that’s why i only wear armani underwear.
i cannot wait until they start storing their wealth in dai. they could literally be operating a usd-denominated economy no matter where in the world they are. also layer 2 on eth to transfer dai around cheaply and quickly seems like best of all situations.
you can look at and get an idea where things are at the moment. eip 1559 will make fees more predictable as well. i’ll stick with eth!
i didn’t, that’s why i was asking. my buddy from el sal was talking about this. very curious how this was implemented over there - aren’t transaction fees quite expensive?
the thrill of it of course
speak for yourself i'm not drooling over any l2s
l2s can all be called workarounds, however there is no way a global ledger can handle transactions for the entire world, at least not for decades. every major crypto uses shards or l2 to solve scale issues. there are some other techniques like dag, directed acyclic graph, but not used yet by the major crypto.
just go look up how it works >.< you load funds directly to your strike wallet as a consumer. the consumer is then already on the network.
well i mostly invest in eth and ada. i decided to pay out at the end of the year with other coins and then go in once were deep in the bear market.
that’s the rub with “cheap” transactions: your network can suffer whats effectively a ddos attack. kind of defeats the need of security of crypto.
what did cz do to you? lmao
usd is hurt by inflation right now. i guess it’s better than many other currencies, but it’s still around -5%
this how i can tell you like to gamble.
nano seems to work pretty well if it is new anti-spam mechanism holds up
it does not seem like a good solution to me. you send them fiat and they send bitcoin for you. that seems like a centralised point of attack, you have to trust strike which kind of removes the purpose of cryptocurrency and using bitcoin or ln.
correct. you buy your alts deep in the bear. btc and eth will still heavily decline but hold their value better
don’t know much about nano but didn’t they solve the network spam issue? the token was up like 50% when they announced it. i have a bag of ada and eth because no other solutions seem to offer the same level of security, scalability, etc.
yep, and in that case there are even better coins on eth that are purpose built to be stores of value such as rai.
> > major yes, dags are interesting, lets see some of them become major
> you have to trust strike which kind of removes the then you missed the point entirely. bitcoin. this allows merchants and consumers to use bitcoin without the fees. also it does not really matter what we think if it is working for this merchant. layer 2s generally make compromises and there are plenty of options to choose from. do you say the same thing about coinbase accounts?
thats where we get them sweet 10x or even 100x. also, is your reddit name just your eth wallet?
if you’re a fan of centralization, why bother with crypto? just stick with traditional banking. it’s much safer. as for cz, he copied, then he slams vitalik and eth. he’s a toxic piece of shit.
cz made his bank on eth and erc 20 tokens, copied it poorly for bsc, runs it centralized, etc
bitcoin operating outside of government purview does not allow consumers to use bitcoin without the fees. i do not know where you get that from. also yes i say the same about coinbase accounts! you should not leave coins on coinbase, it is a centralised database. having your coins on coinbase defeats the purpose of crypto, which is holding your own coins and not having a centralised attack vector. you have to trust coinbase to not freeze your account, and there is plenty of stories from people losing their money or coins because coinbase froze their accounts. same goes for strike. not your keys, not your coins.
ha nope. it's just jibberish
> bitcoin operating outside of government purview does not allow consumers to use bitcoin without the fees. i do not know where you get that from. i mean that is it not linked to the local currency, like in venezuela. > having your coins on coinbase defeats the purpose of crypto while that is true, the world still needs layer 2s have your invested wallet in l1 if you want, and have a "checking account" for funds you have to spend
or just use a different currency like nano that allows free instant decentralised transactions on l1. because even if you keep savings on l1 and spending on a centralised l2 then you have to send funds to the centralised l2 once in a while, so pay transaction fees. and then what's the whole point of even using a centralised l2 solution? then just use a bank. i would say have some bitcoin as a sov maybe but use nano for transactions. or use nano for both actually.
then you are not linked to the supremacy of a currency with critical mass.
[tip this post any amount of ]( (by [8:42pm utc]( to keep it visible.
i stand by this guy and i'm also not selling any of my .
whenever eth rises by 0.001% you make more money than the entirety of my portfolio.
in 3 years from now you'll be partying with your rich friends in one of your mansions, compared to now where you're partying with your rich friends in your only mansion.
they have 1,111 eth. here i am cradling my 2 eth 😂
hello my name is prince mohhamed eze. i am contacting you via nigerian means. i wish to transport 1,120 kgs of pure nigerian gold to your estate. we only ask of a donation of 600,000 ethereum ( please translate from your local crypto ) for paying the shipment fee. once you have recieved the shipment, you will sell the pure nigerian gold in your country and keep 4.2% of the profits. please send the rest of the moneys back to us via uniswap. to recieve the shipment, you also have to become a legitimate trusted trader of the nigerian mining gold company inc. to do this, all you have to pay is equivalent to 500 of your eth. after this, you will become a trusted external trader for nigerian mining gold company inc. and sell this pure nigerian gold in your country. please send the eth within 7 days of recieving this message, and you will recieve the shipment soon. sell it in your country and pay us 1% of profitis by western onion. many thank, prince mohammed eze
can't wait for you to become so loaded we'll base our decisions on your market manipulation.
33 eth lets go :)
don't listen to some one who is not worried about loosing 2.4 mill. chances are he is doing ok with or with out eth.
i mean if you didn’t sell already then this might be the most sensible way forward (i’m not an expert am not giving investment advice so who really knows)
the middle finger, i get it
everyone i feel same as op here. when i lost my first .5%, i almost left the country club golf course but decided to finish the day out. it was rough but look at me now, here lifting all of my fellow reddiots as we weather this crypto storm together.
you are my fucking hero 👌
goddamn this is amazing and painful to see
🙌 what app is this btw
when did you buy all that?
well, thanks dude. i don’t feel as moronic as i did this morning before seeing your post…
off 500k from high, not selling one damn thing!
there’s no need to sell when you can just take out a loan and use your eth as collateral. and they can lock up that eth to produce interest to pay off the loan lol
you’re dumb posting that online.
take your pick: 1. fake photoshop for internet pts or 2. real and you should not post your finances why make yourself a target?
how much you making weekly in celsius interest? goddang
screenshoting to send to hacker groups who are looking for someone with millions of dollars in eth in 3 years
bro i’m down 8k almost 9 from all time high, these are rookie numbers i’m dead inside
surely selling 0.82697 eth is the only answer here
when you planning on to sell?
damn that yield must be crazy
what is this?! a see a forum of my fellow crypto friends, trying to stay positive about losses?!?! buy the dip!!!!
is it me or does that graph look like he gave you the middle finger
that’s the true definition of hodl keep up the good work bro
i mean, i bought at 4k. i have no choice but to hold.
these posts are so misleading because you have either already cashed out a large chunk or you have enough money that 3 millions means little to you. no way you're as poor as most of us here...
yo can you slide some eth to me real quick, i just wanna hold it for a sec
here comes eth millionaires, the whalers, they lead we follow... i stand with you.
im not sure if you are a veteran or just rich. i wonder what the effect would be if you decide to stake your eth in pos. will the system prefer you more?
i hold until i live in a lambo or a cardboard castle under the bridge. that’s my jam. i’m cool if it takes 1-10 years to recover.
this is the way. i am contributing my .
you see that middle finger in that chart? it's your portfolio's answer to the bears. with you through this.
sorry if this is thisrespectful, but you’re fucking stupid for posting how much crypto you have to the public!!!!
this is how i feel when i look at my portfolio.
not seeling but pannick buying
can you give me your seed phrase? i need to do a research
wow nice 👍 😊
stop being so rich, bud.
you really must be some a unique kind of person, if you know it is going down, and you are not selling or trading for stables with the outlook to buy even more soon. unless you are delusional and you think we are still on a bull market...
when will eth be taken over by something that eliminates eths current problems? or will that never happen? i’d love to hear feedback.
anyone notice that chart is flipping us off?
what app is that? looks like a nice interface.
the beauty of this pullback is you are now being paid more eth in your weekly payouts, and when we go back up, that grows too.
who makes post after post telling the world their exact crypto holdings...?
fuck man...i would have had a really hard time not selling 4 million. at 7% return that is 280k a year and that is just the first year...that being said...you have diamond hands and huge balls
i lost 15,000 in crypto this morning and sold bitcoin, ethereum and light coin. all of it except cardano! going back to traditional stocks for awhile until crypto winter goes away. i think crypto will fall harder and there will be bigger buying opportunities. this is just the beginning of the correction. still bullish, but need to recover my loses.
this fucking twat again…
don’t post your stack.
did you buy at ath? cause otherwise you're not down 2400$
i see you selling at
the thing is i never buy crypto, i converted into crypto hence i do not think there point which i'd be selling.
okay. this is a lot of money. this guy really has diamond hands.
i staked my eth for eth 2.0 so i can stick to the plan until 2.0 launches. no going back now.
not selling even a fraction of my 15(at the time of buying, currently at 7)
the leonidas of hodl!
congrats bro!!! this is the way!!! congrats for your diamond hands!!! you know the way... i'm 100% with you!!! all the best are coming for ethereum 💎
welcome to the 1% sir
sell some keep some for the people who aren’t at this level of portfolio yet so when the market does crash cause it will you won’t be sitting here left with damn near no earnings. i think it’s a good tool’t hold on more lol...also use the earnings you sell to buy even more when the dip comes. just my opinion, when these crypto assets reach ath
i thought it was 2400 loss at first and you were making a big deal about it along with everyone else and i can say i've definitely have lost more than 2400 already so i fault terrible. but then i realized it was 2.4m and not 2400
i'm with you daddy
dad is that you?
damn if you had taken profits and bought back in at this dump. well who knew right :/
lmfao and i thought being down .
here here! you staking, right? op??
bro you are losing momey
agree. miners would not stop mining, they will just move out of china. we've been here before in 2013 and 17. crypto is here to stay
sorry for asking, but when did you buy?
wow big man with big bucks
yep 1k down not going anywhere
i know this eth address that will pay you double if you send your stack. pm if interested.
is the chart making a middle finger ?
i'm starting my video where i bought eth at 3400 and since then have been bitch slapped almost every day and then thought about jumping off of the roof of chipotle but then hodl all the way to 200000, trophy wife, mansion in beverly hills and you can too if you buy into my program of instant masochism.
this will very soon be a buying opportunity
shit, i am trying to buy more before it goes up. please float at the minimal for the next 2 fridays so i can own a full one. i am almost there!!! i love dips!
lol the gains this lad will have are going to be astronomical. salute bud.
looks like the middle finger 😂
your risk tolerance is insane man how do you stay calm with that much doe and volatility
with u! all or nothing
keep buying tje dip dipping dips
i hope i can get to your level. your net worth would change my whole life...
the ath prior to this runup was . i am very much not concerned about this crash.
well you have no choice…you’ll lose millions lmao
not selling, just buying!!!
it’s not a loss until you realize the loss by selling your crypto, you must have liquid capital set aside for predictable market dips, especially given the amount you have invested. as long as you believe that eth will recover then it wouldn’t make any sense to sell at a loss. i’m sure many people on this subreddit are here because they have some amount of tangible assets invested because they believe that eth will continue to see considerable appreciation over a period of time, however long that may be. of course this is not financial advice, merely a observation from my perspective. happy investing and enjoy the ride ✌🏻.
prince moves and you feel every inch of the d*ck.
this looks like a giant middle finger.
your graph even looks like it’s giving you the middle finger for even thinking about selling it.
chart looks like it is giving us the finger, literally...damn, can i at least get the reach-around
been holding since . i’m not fucking selling. 🙅‍♂️
yep not selling anything
that's a lot of eth and you're not even bothered about the market. who am i to worry about the small amount of eth i hold.
that chart looks like its flicking you off mate
chart looks like it’s giving the middle finger. perfect.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 3 acronyms.) ^([thread for this sub, first seen 22nd jun 2021, 18:54]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
so on my coffee break this morning the bid for ether was at 1759usd and i put in a limit buy order at 1760usd having watched the price tick down for my entire break up to that point. that order never filled. you are all welcome. 😑
it’s all good… no backing out for me.
i may see if i can sell some plasma to get some extra cash before next payday. buy buy buy
i’m with you let’s go eth for the long term 🎉
i’m not selling and i’m down big time!!!
damn and here i am unable to afford the second half on one eth
whale alert. you should buy more! lol
dam good for you
*gigachad has entered the chat*
who’s gonna tell him…
bro you don’t have a choice to sell at a 2.5 mil loss ahahha, it ain’t real till you sell. hopefully it works out for you
itt: op squandered some real fu money.
looks like a f*ckfinger to me. 🤪
does that say eleven hundred eth? my man 🐋
damn son bold moves posting that amount wither gain or lost. props though diamond bro
yes and yes 💎💎💎💎💎💎 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻
hello no!!! never. long haul 🙏❣️😍
how the heck do you make that much money
couldn't sell if i wanted to, staked on coinbase.
man i wish wish wish i had 1100 eth!
of course i'm holding! i'm way, way long in ethereum.
damn that is a lot of eth.
hodl and buying!! 💎💎💎💎💎💎
does it look like the chart is giving us "the finger?"
why are you keeping 2m worth of ether in celsius mate ?
i'm hodling like no tomorrow
i likey i’m down 7g which in my world is big cash👎🏼
but gonna hodl! party! 🎉
who awarded my guy a 🐻. 😅😂😂😂 i’m with you and i’m bullish!
agree why would any sane person sell at that price. most of you bought higher than that. sold mine a while back. this will not pass!!!!! what your seeing is the death rattle of all crypto. good luck all.
take my up vote!
i’m buying more as soon as it drops to 1500 😬
let the manipulators fuck with the markets. do not sell. this is just the birth of crypto and the whales and institutions are just flattening the markets so they can sweep in and take your futures. keep calm and hodl on.
obviously a lot of people are selling since the price is dropping like rock.
how high do you think eth will go?! 🚀
anyone else just buy that dip at (technically 1750, we do not want to be too greedy)? now i just need to get ready if this dead cat bounces back to 1500! buy and hold! this is not advice.
stake it in eth2
i just bought the fuckr for a bit under 2k. like hell ill sell!
genuine question: did all of this money make you happier?
daaaaammn! good on you my friend! wish i had got into it sooner like you but alas, baby expenses prevented me from doing so. i have sub 5 eth and im "hoping" that it amounts to something.
right here with you! i got one lol
if you give me a few o dem nuggets im with ya!
this chart looks like a massive middle finger and i feel it lol. but i'm hodling for the next ath. and the next one. and the next one.
that bag looks a little heavy, feel free to send me 10 or 20 if you need any help.
can i have some of your ethereum, it looks like you have some extra.
people posting their bags to get clout
the rich get richer...
double digit holder for now and a lot of hard work and giving up new shoes, clothes, going out and doing extra side jobs just for crypto. i believe it is here to stay and the world needs blockchain and all the life changing possibilities that will come from it. will not sale and this dip helped me dca.
anyone else feel like this market is giving them the middle finger?
imagine if you just sold and bought back.
its gona be a long fight against the fiat. grab your bongs and your tin foil hats guys. i dnt belive in conspiracy theories but i do believe decentralization is important. we forget the reason all this started in the first place when we just focus on getting money. fiat isn’t sustainable forever. crypto is integrating into our economy, lets help it happen. if you think there is injustice in the system, this will have more of an impact than gme and amc. hodl!!!
uhhh not to be that guy but seriously you should have sold when you had 3 mil and then never thought a fucking thing about trying to shit posting on reddit.
chart looks like a middle finger
not sure if already stated but your graph somewhat resembles a middle finger haha. it's great. i'm not selling btw
sucks being down .4m but something tells me if your still above a million your not eating cat food yet.
sure but i will still never understand how people don’t sell the moment they never have to work again
0xf21154... [tipped]( you 30.0 donut!
praying for another year of bearish crypto so we touch on some sweet lows while everyone panics. shit it might drop so much that folks lose hope on crypto itself. might get thousands or crypto at that point. or the price bounces straight to 10k. hell if i know, i prefer the one where i end up with tons of eth though.
almost all my eth is locked up in a staking pool, so i literally have no choice but to hold.
i will literally never sell eth for usd. i'll outlast the government. it's new money vs old money. why not sell your dollars for seashells? cause it is modern money. been hodling for 5+ years now. see you guys in 5+ more lol.
wow, your a whale. congrats! what was the price when you bought your first one?
and here i am struggling to get 1 eth.
hold tight im down alot as well... worst case we stake and earn 6% on our money 💰 ✊
i'm not selling, it is all staked anyway.
that chart looks like a middle finger.
me and my .5 eth are with you lol edit: tbh i hope it stays this low for a bit, i'd love to get that up to 1 whole eth soon so do not mind it staying around 2k
i mean, how do we even know this is a real balance? haha
i am obliterated but i am not selling.
well. like i keep hearing, you cannot lose money if you do not sell.
doesn't give me much confidence in the coin that has pumpers rehashing the same s***. buy the dip, hold, buy, i'm not selling.
you ten years from now: "and i was talkin allat shit"
where ma beth lads at 😂😂🙃
market is definitely about to crash, stocks and crypto alike, but the true hodlers will be forged from these flames 🚀
i’m still green! i still hodl!
looking at [**this gra**]( seems like eth liquidating is low.
but take profits, right?
you need us to be with you
best platform to buy? i made a coinbase account but no transfers yet. app reviews all called out crazy high fees
jeeeeeeeez, your hands are several diamond mines.
i mean if i was a millionaire i wouldn't care either
i am. but i only had 100. dude. congrats, it is a nice stack.
you're worried about hodling baby i'm buying
send me 1 eth and i’ll gladly send you my fool proof method for losing every single penny.
that chart is definitely giving us the finger.
back at it again, he will make a post every single day until each and every one of you know that he has this much eth. enjoy the repitition and karma farming...
it will come back better than ever, hold
damn mate, time to downgrade to a car with regular millionaire doors.
send me 1000 eth and i will send you 2000 eth 🥸
hodlllll until moons get rekt!!!
unusual option activities 50 dollar strike price. that mean dark pool shenanigans are about to start ramping up. looks like we need some whales like you on our side. thanks for rich apes like you helping a less fortunate ape such as myself. 🦍✊🏻💎🙌
trust me certain ones are scooping it up
i back the energy but why not mix in some futures or puts on crypto stocks to hedge your exposure so you can by more eth ?
had you have sold you could have but back at 1800 and now have 2413 eth and ride the wave hindsight is 20
i sold all mine. it will crash
selling wasn’t even a thought in my mind 💪
thought hasn’t entered my mind once- now buying on the other hand…sure as f has. really wishing i had more fiat at the moment guys
"buy, or do not buy. there is no sell" -yodl
doesn’t phase me, bought more at 1950
i'm as bullish on eth as i am on gme, which is extremely bullish
ive been trying to dca in this market instead of straight staking. a little profit here and there
im staking my eth so i literally can’t sell. even if i could i wouldn’t sell though!
idk if i were you i'd be freaking out lol
now tell all the hopeful kids how much of the profit you locked in already. it's a lot easier to take a mil loss when you have a few in the bank.
this whale is with us, this whale is diamond whale and this whale is swimming on our side, lets swim with him
i'm also holding my 0.0 btc along with my 11 eth
i bought more yesterday
if and when this whale sells. ooof.
legit his “dip” is more money than i will make in 30 years. yay economics.
uh… anyone who is down 40%…?
i also wouldn't worry if i had more money in crypto than average people make in their lifetime
i'm buying... lil bit... but i'm buying daily!!
i ended up buying . it’s not much but what i can afford rn. i’ve grown accustomed to the losses
that graph looks like eth is giving the finger
not f’in selling, ✊🏻 hodl
you were up 2.4million. when do you sell??
not sure about some of you guys but i do not mind that middle finger type of dip in eth nor ogn. when you love a pair you love it through good and bad that is all i have to say !
i wish i had enough eth to lose 2.4 million $... lol
i needed this... thank you 💕...
i can’t see, your giant balls are blocking view
why aren’t you staking half of that?
we are all with you but what a flex mate
not a lad, but i’m not selling! hodl 4 life
the chart looks like a middle finger to the world
that eth chart is giving you the finger.
bro, you got fuck you money! you can do anything you want. congrats!
it looks like it is flipping you off 🖕lol it knowss
bruce wayne, is that you ?
all bagholders who bought at the top.
why would you sell at this point? unless you desperately needed the money in which case why did you invest it in something so risky anyway? just leave it where it is and forget about it for 5 years
not me, i sold at - going to buy back after everyone gets fongo i'll buy at, , ,
a multi-millionaire asking us to hold. nice.
you sure like bragging about how many coins you have.
the graph is given the sellers the middle finger
indeed! better days are coming and i cannot wait for that to happen. most of my holdings are down but it does not necessarily mean that we should not stack. it's time for an easy comeback. already bought more eth and xki. ki foundation proves to me that it cannot be affected by the market
and i thought my tripple digit was a lot.
i love when eth got a 50% thiscount
i will 3x your portfolio for you, just send it to address 0431237890b, all i ask is 10% of profit
selling? who's talking about selling? i'm waiting for my next paycheck to buy the dip!
i can’t i’m staked all in 😂😂 😫😫😫
we're going back to ~. buckle up, eth is on thiscount all the way down to 550~700. then a big push back to 10k
a giant green middle finger pointed at bitcoin
me looking at my hear that little buddy? we can do this.
i’m with you all the way
my 5 k turn to 2k real quick…
ah, if only loosing weight was so easy
you guys standing together is starting to sound like a sausage fest ...
here here!! down . not fucking selling!
diamond hands 👐🏾 💎
is that a middle finger?
wish i bought more when eth dipped to 99 nearly 2 years ago.
but you're still in profit , what is you're average cost per ether?
holding my 175 cardano and 0.025 ethereum
rofl man this am not wallstreetbets.
yeah if you can afford to be down that much you’re kind of in a different boat than the rest of us. but i’m not selling either. that would be dumb.
i'm with you mate, this is the time we should buy more alts imo. hopefully we see 4k eth again. but i'm feeling that it will take long. what do you think? recently bought dot pink and ebox. staking is the best time right now
i've got diamond hands on all of my holding especially eth, ada, matic and utk
just gobbling up more
i’m in the exact same boat my friend and there ain’t no way i’m selling.
wait is that the middle finger oh u definitely will sell at .
give me a few eth bro
dope. but unless you’re worth a couple mil more, you should prob sell some imho
you're stupid bro pull some out
i stand by you and i’m also not selling any of my .50.
i have no choice. i've lost so much that to sell now would be picking up scraps. does anybody know if china has any more tentacles attached to the crypto market? the crypto market goes into the fetal position when china does anything with crypto.
and you are more scared than him.
and i’m not selling any of my eth that i bought at . think long term boys and keep up the dca
i also stand by you and i’m also not selling any of my ,000 in student loans into eth that is now .
also not selling my , let’s hold 🙌🏾
even losing, he has more money than us.
consider yourself lucky to only be holding that much right now
>partying with your rich friends in your only mansion. and when you say that you mean lurking on reddit and talking with chronic masturbators who are balls deep into alts.
dudes got 1100 eth i think he’s already hoovering shneef off his caribbean girlfriends ass on his private island rn.
crypto might make you rich but you still would not have any friends
some things do not change.
1 eth here, be thankful😂
2 eth here !
i’m waiting to become a millionaire holding to my beloved 0.13
.12 here 😂 buying more next week
3 eth checking in 🙏🏾
i bought 39 bucks worth last night when i noticed it was available on some money transfer app. i’d love to hear any random free association brainstorms anyone may have.
1 and a bit with 80% being staked
hang tight my prince, where do we send the ethereum??
does it have to be western onion?
why am i reading this in african accent :'d
good damn it i'm in
you are a fraud cus my brother mohammed eze is dead, but i prince isaak eze shall do your bidding
check dm i am very interested.
i'm about 599,997 short. is an iou ok?
hello my friend, i’m a little short on ethereum but i want to sell you your gold. since i’m about 300,000 ethereum short can you cover those and just send me the 300,000 i need? trust me it’s a great deal! you’re saving 50% of the cost! you really don’t need to cover those 600,000 ethereum which i don’t know about you but, not many people carry those around. looking forward to doing business!
how can i manipulate if all i do is hodl
never invest more than what you’re willing to lose.
celsius network — earn interests on your crypto
thats what i tell myself every morning — complete degen eth head
typically the loan interest apr is more than interest earned so you’d lose money lol — what i did was took out a , i made . usually i would have to pay 12% interests and 3 points up front to a hard money lender. defi is the future!
yes, go see his post history, it is like he gets off showing to random people that he is rich
why is it dumb? can people easily hack it? otherwise not really?
dude you do not need photoshop. f12 will do.
this is the 2nd post i see by this guy bragging today lol. gon get phished
about 1.05 eth a week
is celsius the best place for earning on eth?
imagine how i feel ... wait i no longer feel things
nope it’s fully liquid not staked getting 5% apy on celsius
but thy eth is staked, so thee can’t selleth concluded, be it?? *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
about 1.05 eth per week to ease the pain
you and many eth heads lol
i’m just a baby whale hodler — i’m nice and friendly and don’t manipulate the market to try and fool weak hands into selling so i can accumulate more eth :) or maybe i’m just a stupid baby whale who knows lol
og vet grew up extremely poor from nothing immigrated from a communist country
this guy's 1000 eth wouldn't even make a dent in the number of staked eth, and to answer your question, he would get the same % returns as everybody else (which, obviously is a higher flat number)
love seeing another vietnamese win!
that is all i see, the middle finger. had to scroll down to you to confirm i was not alone.
celsius network — i earn 5.05% apy interests on eth
it is not a scam
the market’s taking care of that real good right now thanks
trust the process. trust the technology. trust in the future of eth.
it’s gotta go back up🤷‍♂️why not buy more, i’m down 13 percent over four months, why not buy more🤷
if i had 10k invested in eth i'd just be chill and hodl. it's not going away
i don’t think that will happen simply because how many times did you hear about “bitcoin killer” and yet more than a decade later it’s still standing.
nope actually eth amount payout is the same :( — 5.05% apy on eth amount paid in eth not usd
true however i grew up very poor and i continue to live frugally. nothing in my life has changed as i still drive my 2011 camry and live in a 1200 sqft house. being a real estate broker, i know that it’s not a great time to buy houses right now so the best way is to keep hodling and keep doing what i do.
i see you buying .001 🤣
op did not get to where they are by being paper handed xd
that is been my view too... i'm not buying crypo, i'm just converting my currency from past to future.
thats what he did when he gave celsius his keys
he sleeps in highway rush hour traffic to calm his nerves.
it does not look like so, otherwise he would be doing something better with his life than posting daily screenshots of his wealth to reddit to show off
me looking at mine own heareth yond dram buddy? we can doth this *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
stay strong, the market will recover. only strong coins will survive this and you did not lose until you sell. i have a great feeling about utk, but i'm also a big fan of dot and bnb
i didnt sell at
the difference between his account and your account is a hodler vs paper hands.
earn it yourself pleb
i stand by you and i'm also not selling any of my $.50 of eth that is now $.35.
elon would like to have a word with you.
we get china fud every bull run, its a rite of passage to have survived it
i appreciate your good work, notifying us of every whale transaction on the sub. keep it up!
this guy earns in interest what we earn in the year.
all i want to is to stop eating ramen lol.
you guys have 1 whole eth 😳
peasant, i am hodling a staggering 0.026
that's the transaction fee on lots of platforms 😅
i have 5.5 ethers 😈😈
one day that will be me
to be a legitimate transferee of these moneys according to nigerian law, you must presently be a depositor of at least us,000 in a nigerian bank which is regulated by the central bank of nigeria. if it will be possible for you to assist us, we would be most grateful. we suggest that you meet with us in person in lagos, and that during your visit i introduce you to the representatives of the nigerian national wrench company, as well as with certain officials of the central bank of nigeria. please call me at your earliest convenience at 18-467-4975. time is of the essence in this matter; very quickly the nigerian government will realize that the central bank is maintaining this amount on deposit, and attempt to levy certain depository taxes on it. yours truly
didn't even realize i was too til i read your post lmao wtf
probably since like his first sentence says he is nigerian lol. if he said "oye crikey mate" in the first line you'd be reading the whole thing in an australian accent ;)
that's what a future billionaire who manipulates the market would say.
celsius looks great! almost too great to be true. have they lived up to their image? i really like alex machinski, and am looking to stake the one eth i have. but i'm apprehensive because it seems so good
i'm down + as well and fuck if i'm selling - right on fellow btc
but guess what - you will be alright! haha
makes him a target for scammers. blockchain tech is secure but it is phishing and people falling for tricks that'll break that security. no matter how smart you are, someone will catch you out. unlike banking and regular financial systems there is zero protection and little to no help to recover. you can go to the police but the likelihood of getting it back is pretty much zero.
yeah, i do not want anything bad to happen to them, but why are they posting so much and linking social media with pics, etc? haven't they heard of the wrench attack if they are old money in crypto?!
you make more than my monthly pay, working full time at a skilled job, in interest every week.
wanna share?! lol, good for you dude that’s awesome
i want to know how it compares to simply staking
yeah i’d love to know as well
coinbase has staking for 6%
disclaimer everyone this is a joke
!remind me in 3 years lol
to become a validator one needs 32 eth. he has ~1100. that is 34x the amount required. thats why i was asking if this would in anyway be beneficial.
i rode the '17 wave all the way up and back down, told myself i would not be doing that again. i offloaded some of my eth on the way up this time and some more on the way down. the most recent sale was largely due to the tether thing. i just do not believe the status quo will continue for long and when tether snaps or if we loose even another 50% of value i want to have the cash waiting to buy it up. i was fortunate enough to be able to dump a pile of cash into eth when it was around '20. that was life changing. i want to always be in a position to jump on opportunities like that and i cannot if most of my money is already tied up in crypto. what is your thinking in that regard? why not have a pile of cash ready to buy up way more eth? the market has proven itself to be pretty reliably cyclical.
because i absolutely trust this, i would be sad to let such a downward trend go without filling my bags even more. this is where the bullshit hodl mentality separates boyz from men ;)
i think bitcoin is different, i really do see bitcoin as being the current “gold” of crypto. but then again something could easily replace all of these coins. i am an ethereum holder myself and i still see the possibility of something else taking over. improvements and changes are made in all aspects of technology.
haha! just kidding! you’ll recover. good luck!
oh. i was having a thick moment there was not i.
that's great man, good on you!
>bitcoin\_couple they're getting confused by the sharp spike and drop, they think your portfolio dropped because you sold some of your eth. but i know that that is wrong because my portfolio looks worse.
we found the whale.
i would sell if i didnt forget my password and lose my seed phrase, fuck. so yeah i stand by you guys.
can't even move your money if you wanted to, cus the gas is too high
stand by you and i'm also not selling any of my .0 of eth that is now .0000
i stand by you and i’m also not seeking any of my $.05 of eth that is now $.035
i cannot stand with you guys because my .05 worth of eth that is now .03 got converted to btc and is now .01 😭
but imagine being down . i get what you mean though
you're right i must have mathd wrong. either way
but we _would_ eat ramen … we’d just eat more!
are you in prison?
they have more than us.
so if you own 1 whole eth you are a whale??
i am a rinkeby whale do not underestimate me
when it was at 4k i told myself i’d buy if it ever went back down to 2k and here we are lol. i bought my .12 yesterday. buying more next week. buying a little at a time what i can.
ok just got a covid test once those results comeback negative i will be on the first flight out of nyc to nigeria. your kingdom will be saved my lord i will keep you updated, god save the prince.
must be a scam... be wary people, this is mostly proper english...
dude i'm nigerian, stop this thrash already. go get useful man. there are lots of opportunities in lagos and abuja, stop making a fool of yourself and your country
ok you got me i’m actually a trillionaire from the future urging everyone to hodl so that you too can enjoy being rich in the year 2040
the fact that eth would have to be a mil each for op to become a billionaire puts into perspective how absurd billionaires are
can you lose everything just from clicking on links or email links?
whats wrench attack? can people easily hack crypto? even if you dont click on any links??
you earn 5.05% apy, paid out every monday. the difference between the two is that you can withdraw the money at any time.
i will be messaging you in 3 years on [**2024-06-22 15:42:06 utc**]( to remind you of [**this link**]( [**1 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
it would be beneficial in that he could have 34 validators. that's about it.
good man! definitely a solid strategy but remember “time in market” is better than “timing the market”
i will be an absolute genius or absolute moron. only time will tell!
do you have a way to access it again? are you just waiting on coinbase or something? just wondering if there is something we as a community can do to assist at all bc that’s one of the best things about having such a well informed and close community of great people.
what would happen if op did sell at ath and then rebought now?
honestly there’s companies out there that will crack the wallet for you and take a percentage.
it’s not a volkswagen don’t need gas
always wondered what happens when you buy . "thanks for the business. here are your 0 eth."
i don’t lol i’m just happy to be in the ether gang 🙌🏽
same here friend. i started right before the crash. glad i didn’t go all in since the price keeps getting better
the guy you're referring to is being sarcastic.
that's the only confirmation i need
you had me at trillionaire
thanks for the visit and advise alien from the future, i’m with you 💯percent!
you already are rich, you have over 1 million in ether lol.
typical phishing tricks - emails that look like their from google or robinhood or your bank etc. and when you type in your password they have got it and then start accessing your information. op has posted about celsius having all their eth, so perhaps a celsius phishing email... also clicking on the link lets the scammers know the email address is real and that you click on links, so encouraging them to continue.
they find you and use a 🔧 to make you give them your seed phrases
quantum state. i think you can be both !!!
dude, i’m in the same boat haha. not as much invested, but heavily concentrated in eth through my roth ira (proof via my previous posts).
i'll join you, either i'm walking out with some gains or i'm eating ramen. my profolio is already down 60% so might as well stick it out
i mean, op would have a shit load more eth than they started with. is this even a serious question? this is usually the result of not doing ones own research or a general lack of understanding of trading and.
that would be epic.
i am too my broether
same here. hoping it stays this low until i at least have a full one
hahahah not sure if serious or joke lmao how are they gonna find out his physical address or his real life identity in first place?
the g is silent...
ledger had a massive data breach where ppl that bought the device address, email and phone number were leaked. also there are ways ppl can reveal it themselves. something one has to be aware of as carrying a hardware wallet is similar to carrying around cash.
i was quite possibly bamboozled.
this post is being heavily reported for breaking our rule on politics, although i'm going to leave it up because it has a lot of interaction and i can see the case that it is on topic because we talk a lot about debt, inflation, etc when it comes to crypto, so i think this is on topic enough. by the way... *i think someone really wants us to take this post down.* i've never seen a post with so many reports against it in this subreddit, and many of the reports have repetitive language. the fact that someone might be trying to manipulate us into taking down this post kind of makes me want to keep it up even more.
i do not think any of these politicians has read it. there was probably a tl;dr, lol.
that’s a lot of wasted paper. send the pdf next time
the prop is also a bit absurd. stephen king's the stand is about 1200 pages. that is quite a lot more than 2 copies of that book
ah 3.5 t over 10 years for infrastructure is suddenly a big deal, but 7.5t over 10 years for the pentagon is not, or 5t in tax breaks?
what does this have to do with ethereum? check rule 4: no unrelated political discussion
how about instead of dumbing down bills to the 3rd grade reading level of these current politicians, we just get better politicians that aren’t stupid or afraid to do a bit of reading?
as of these guys care. they spent + trillion under trump without blinking.
that smug shit eating grin from the turtle in background.
you know what's stupid... when the "people in charge" waste so much time with props and grandstanding and other bullshit, rather than propose useful changes and alternatives.
lmfao imagine thinking that making investments in our country's future is "the beginning of the end"... .5 trillion over 10 years, [fully paid for with tax increases on wealthy americans]( stop being so fucking dramatic lol
unpopular opinion (compared to those in the comments): would you expect a .5t bill with money going to tons of jurisdictions for tons of different projects to be a short and sweet memo? 2500 pages may seem like a lot until you look at other bills that are passed - both in us and abroad. it’s pretty obvious this is just republicans doing what they can de-legitimize this bill without any actual reasoning, because it will benefit so many of us that they can’t say anything other than “big price tag!” or “too many pages!”
remember the last one was 5500 pages and somehow we sent pakistan 25 million for gender studies. i don’t believe 100% of this money ever reaches its destinations to be honest because who’s auditing this shit?
this shit is not about money, its is about political idiocies. don't act as if these asshats give a fly shit about anyone other than their own bank accounts. these are the same people who not just a few years ago made that price tag grow 1000x times faster than it needed to. fuck this post.
no. no they have not read any of that.
republicans: we have no money to spend at home. republicans: were going back to afghanistan!
fuck, hope you americans start working soon, lol.
gotta pass it first to see what’s in it right?
but but but infrastructure!!!
you should be skeptical of anyone bringing out props like this to make a 'point'. it becomes so much less about the actual content of the bill and what it is supposed to do, and so much more about "omg can you believe how much paper he's holding?!?! too much paper = too much spending". and it works because half of this country are smooth-brained idiots.
lmao the republicans literally did the same shit during trump. i’m not excusing the dems but those ass hats are just as shitty
this is the insanity of americans politics. politicians do not care what's being passed. don't care about the future of the country. only care about their pockets.
never believe and old redneck republican they had no problem passing trumps trillion dollar tax cuts for the multimillion and billionaire crew!!! they’re just mad that they’re not in it
it wouldn't be hard to delegate this to trusted aids. i mean a team of 10-15 could get through it pretty quickly and just give the rep or senator the cliff notes for their section. this is nice theatre, but really with a competent team and a competent leader, wouldn't be too difficult to get through. shit pay me what the congress people make and let me hire a team of motivated college grads and we'll get through it in a week.
get off the internet grandpa
yeah, cos the gop never puts us in debt. they only care about spending when dems r in power & %. happens every time.
why are you posting right wing garbage here?
this has nothing to do with crypto and is openly spreading a very poor illustration of what this bill is. nobody in congress reads all the pages of the bills. that’s not possible and why there are so many sides. the real question is, do you really think any senator has read it all? and the answer is no. also the “per page” statistics is beyond stupid, as there are roughly 330 million people, and if you do the same ridiculous numbers it’s ,606 per us resident which is far from ridiculous when considering this is an infrastructure bill for sweeping policies across a plethora of sectors. there’s a lot fucked up and this is something that is an *active effort to try and fix it*. please don’t give me “but they’re paid” because literally every single politician has someone paying them and that’s not an issue, but a symptom of the thisease that is money in politics.
i would rather see that then how many trillions thisappeared into black cia budgets?
whats with the tacky price tag like this is a fucking game show? these old bastards are desparate for praise.
wasn’t last years budget bill like 5500 pages??
look at pg 168
i thought the us was running out of money by the 18th? seems irresponsible to spend idk
it’s funny how all you genius investors are so cowed by politicians lying to you.
bet every page except the front is blank
so i’m thinking chicken for dinner?
they tend to be a bit smaller when not stuffed with reems of blank pages for photo ops.
wow, that little thing is what people are melting down over? i mean, it is a huge waste of paper and ink. i guess i'm pissed about someone wasting that many resources on a prop too. can you link to the pdf and the cite the specific sections you're worried about and why? if you cannot do something this basic, then you are being manipulated.
that is crazy. i bet their is some humancentipad pact hidden in their somewhere
this is the kind of post you get when people don’t understand economics
mitch mcconnell sucks. just a general observation.
i mean did you want it to be one page that says 'let's money, friend!'
heres the bill, ctrl f and look for keywords
so they’re going to act like trump didn’t spend 8 trillion in 4 years? this is 3.5 over 10 years come on now, they just want everything to collapse so they can have someone to blame
this is some elongated joke
i guess no one has heard of deficit spending. i’m seeing this all over the crypto subs but no talk of deficit spending. i don’t get it.
it is the end, you just havent accepted it yet.
only good thing if this bill fails to pass is the crypto amendment also dies... well and we do not print another 3.5+ trillion as well lol
if you are tricked by these theatrics maybe sit on your money instead of trying to trade.
like these bastards do anything differently when they are in control. hell, the republicans intentionally created the military industrial complex in this country.
“my argument against this bill is because i don’t want to read it and because of that i believe my opposition has not read it”
oh stop. never saw these posts in 2017 for the fucking terrible tax windfall for the wealthy. downvote me if you want. i see what you people upvote. lol
i wonder if the past spending bills under trump was hard to swallow. these clowns need to just leave. they would destroy the country just to own the libs.
you know this is not a lot huh??? it is over 10 years so it is basically 350 b a year which is less than us defense spending ! don't be fooled by the price tag of responsible planning over a long period of time
these republicans all of a sudden care about the size of a bill. when it comes to trillions of dollars in tax cuts for rich, no problem. trillions for infrastructure, god forbid. even with the crypto stuff in the bill, it is all misunderstood. people just repeat shit they do not understand. especially when it comes to republicans regurgitating the same bullshit talking points. trust me, they do not actually care about inflation, or the debt, or the economy, or the country, and they especially do not give a fuck about you. they care about their own pockets and that is it. we need infrastructure folks. and we must sure as shit pay our taxes. otherwise we're just like them. don't use crypto to be like them. use crypto to be better than them. i openly and happily will accept my downvotes.
as if trump read anything that wasn’t his own signature to jerk off to during his term
how long are people going to tolerate these people there is no reason to vote republican unless your obscenely rich or very fucking stupid. these people keep actively harming society, covid, women's rights, the capital. enough enough we need to vote this party into being a thing of the past. we need the younger generations in the bible bet to vote. furthermore if we do not do something were looking at real lasting problems. these evil fucking idiots need to be stopped. how are people falling for the conservative routine when these people are constantly found clicking heals in bathrooms. they do not even believe in the shit they use to manipulate the racist uneducated dipshits which is apparently a lot of america. i mean really you keep electing scrooge and wondering why he is acting up.
where was this energy when republicans passed a 7 trillion dollar tax plan?
funny thing is, those money are being spent over 10 years. the us army spending is twice as big.
not even the equivalent of 1 year of annual national spending, thisbursed over 10-years at interest rates aka bond yields less than 2%? that’s the beginning of the end huh?
have any republicans read it? how do you know to vote against it if you do not know what's in it? why did not trump get his infrastructure bill passed that he was promising?
oh like you assholes read it you and moscow mcconnell need to stfu
who actually writes this?
the beginning of the end of what?
oh the hypocrisy. how long did congress have to read trump's tax bill? wasn't it like 24 hours? not saying either side is right! lol
you know it is spent over 10 years, right?
seriously though 3.5 trillion over ten years to fix our crumbling infrastructure is a lot less than what we actually need.
lmao those scumbags gave a trillion in permanent tax cuts to elites. fking scumbags, each and every republican in office.
this guy is a joke of course they know what’s in it. i hope he has been paying attention and knows what’s in it because that’s what he gets paid to do. of course it is easier to whine and cry about it so he doesn’t have to do his job sad just sad
omnibus packages like this should be illegal. it’s deliberately too large for anyone to process. no reason to use it if you are comfortable thiscussing.
tldr: it’s not free money, someone has to pay for it. *hint*: it’s not the rich, that’s why they’re wealthy.
weird they seem to care after january, wonder what happened...
are today's republicans really this dumb or is just one issue they are not willing to bend on? like the fake religion abortion issue.
looks like republicans found a whole new demographic. low information crypto’d be millionaires if only the government didn’t get in the way
those numbers don’t mean anything. i am so over the puppet show
lol it is a shit bill, but i love that the gop are pearlclutchers and penny counters now that they are not in power. like they didnt just have four years of wanton spending, pork barrel bills and zero oversight.
... they put a price tag sticker on it *cringe*
those old guys can barely lift it let alone read it. can guarantee the old fella holding it has not read it either. he's what's commonly known as a hypocrite
if the republicans were sponsoring that bill it would be dems preaching how bad it is. both parties are different sides to the same corrupt, crony coin. our government just like most of the big businesses in the us and the world (evergrande) are way over leveraged. our financial system is broken, it’ll collapse sooner or later. it’s scary but honestly i’d rather it happen now so it can be salvaged and my daughter doesn’t have to worry about it when she my age
it's an investment, not spending. taxpayers are getting returns on this money unlike the money we burned over in afghanistan.
8 trillion was added to the us debt under the trump administration alone. in fact a quick look through history shows republican lizards have done all the spending.
fucking rats. republicans will let this conutry die to hold on to power
how much is this in ethereum??👀
how many republicans can read tho?
mason verger on the right is looking great after his run in with hannibal
haw many pages are their bills that they try to pass?
funny how it was okay to add 8.5 trillion under trump in 4 years
bills should be no longer than 10 pages and should only be specific to one issue each. these monstrous bill will all kinds of secret deals, payoffs, hidden agendas have to stop. it’s why this country is in the state it’s in. lifer politicians serving their own interests and not the american people’s
tipping this when i get back to my wifi. this shit is just insane.
god i hope they block this and default. enough is enough.
damn… look at the size of it. do they actually read any of it ?
they wrote, edited, and read it. passed the damn bill to help poor people in american.
they create these massive bills on the hope that they can sneak their little rules and regulations in with nobody noticing. meanwhile behind the scenes there are teams of interns frantically reading this nonsense to try and catch the bullshit before it is signed. our country's fate is determined by high school juniors and seniors.
think of how long he waited at the fax machine for it. you know his one of those guys that only trust fax machines.
a lot of good ideas get destroyed by stupid add ons
this is a joke right ?
if the board of directors of a company operated like congress they would be in jail.
pork for everyone !
meh. increase bill, print money, start a war on foreign soil, run out of money, increase bill, repeat.
i always find it amusing when one side implies the other side sucks for whatever reason... but i'm fact they do the same, just at different times... basically they all suck but the nation is so divided they just pretend that their side are innocent and the other side is not. it's thisgusting. the government needs to be replaced with qualified people
there's a really good podcast called congressional thish where the host researches all these bills & tells you what's in them. tldr: it is all pathetic, corrupt, and the voters are ignorant so they vote them back in. but these end of year spending bills are the worst. expect one of these in december too. they can easily slip a crypto ban into this, no debate needed. that's where our "democracy" is at now.
op needs to go back to r
how many trees?? what a joke. these clowns have no interest in anyone but themselves.
it’s not the beginning of the end it’s over
these boomers still havent caught on. use a secured computer. also yet no one wants to mention that america spent 2trillion dollars in afghanistan
jesus. fucking both parties suck. so so bad. the gop especially so. it’s infuriating.
i wonder how many people have taped it together and walked around with a price tag attached to it like a douche bag?
3.5 trillion in spending to maintain a societal stability, maintain vital infrastructure, and create investment projects that will further national growth is not the beginning of the end; a 8 trillion dollar war on terror however... weird that these folks are silent on out of control spending when it benefits their defense industry buddies. it's almost like they do not care about responsible monetary policy.
lol this is so fucking dumb, they really do know how to target their audience.
all crypto investors are closeted republicans.
i mean shit y’all spend over 700 billion a year on military stuff and you don’t use most of it so what’s 3.5 trillion gonna do?
omg, look at this sad right wing propaganda prop. next time they will use hand puppets, so you mouth breathing idiots can sing along. also, what does this have to do with ethereum? reported for rule 4 break
lmao what does the dollar amount per page have to do with anything?
lmfao, “investing in our country is the beginning of the end” fear mongering
they spend and spend and spend…. close down the entire government for the next 3 years…. they piss away money like it’s nothing
everyone in congress is supposed to have read it, digested the info and be prepared to vote on it within just a couple of days. just another "you have to pass it to see what's in it" moment. this is crap. the america public deserves better.
do people still fall for the “wow, that’s a lot of reading, must be bad,” trope, or is that just the right?
i think it’s funny when rich politicians express their resentment about occasionally having to do their job at work
they'd rather spend another 20 years fighting a war that goes nowhere.
only the us government, with mitch turkey neck mcconnell standing there, would actually do something like this.
like any of them read the entirety of the bills they pass... how much paper was that tax break trumpy-poo passed again?
people don’t understand that it’s 3.5 trillion proposed over 10 years. which equates to 350 billion a year. a little under half of the military budget for any given year.
the real winners are the novelty price tag creators
i'll just take this home for the week end and get back to you monday.
it’s over a 10 year period, jesus christ. these assholes love to spin shit and you suckers fall for it.
and yet, people vote for those suckers. americans. can you do better then keeping old ass hats in congress?
gop in a nutshell: we dont know how to read so elect us more again
you going to post the actual bill, or just propaganda?
proof republicans hate reading
funny that you ignored 2016-2020.
funny thing the democrats said the same thing when they raised the debt ceiling
[tip this post any amount of ]( (by [3:33pm utc]( to keep it visible.
all that paper…i thought we were going green. put that on a blockchain.
you must be an ignorant uneducated racist science denying trumper? 😖
hate republicans. but this is not a bad point. (also fuck 99% of dems too)
screw this bill, they tucked in a little regulation saying that the irs can monitor your account if you have as little as . decide to buy crypto? irs can flag it if they deem it suspicious which they most definitely will. idiot democrats are so holly jolly when it comes to passing bills, absolute idiots.
joe biden does not know he is alive, that is like asking do you think helen keller read this bill? she is blind, deaf and dead and there is still a better chance she read it over biden.
this whole administration is a waste .a thisgrace to united states and all the american people. i hope these democrats wake up next election or it will be our doom
to be fair, the type font is probably really large (and has pictures) so joe can read it.
we are royally fucked. dems control all branches of government
makes you wonder how many interns got their hands on a copy and tried to slip in a page that said "and no less than , aurora il..." just to see if they could get away with it.
250 million for presidio trust look that one up, 25 million for desert fish and 25 million for freshwater mussels. all the while 28 trillion in debt spending your kids kids money
corruption at its finest in the us ... it's open season, how much money went under the table for contracts to be signed and added to a 3.5 trillion dollars bill?
anyone that voted for any of these bills over the past 18 months should be thrown out of office and put in jail. absolute thisgrace.
if you like crypto do not vote for dems
inconceivable. at this point, it is all monopoly money.
hello. someone could please give me a little bit of context? what's going on with that?
jackie sharp did it better.
that’s incredible…not even to mention the money is cost to create the damn thing!
i think it is written on dollar bills
no way that’s actually a block of paper. styrofoam with the top pages stuck on
i wonder how many irrelevant laws they crammed into it.
zero chance that old guy can hold that much paper. it’s a empty box.
that's a lot of tacos 🌮.
i doubt anyone read it. unfortunately that’s done on purpose. it’s a key strategy to sneaking in a bunch of shit they know would never get approved. so hide it in a large bill like this, give a vague’m not reading this. and signs it, it’s like a terms of service agreement nobody reads any if it and just signs it.
do cliff notes count?
i hope it gets recycled and as for the price tag what are we supposed to make out of all those zeros(it makes me want to say i don’t know if we could afford this, let’s go with option b.)
most pages in the middle are still just blank pages, it is called fluff like most of what gets put in those bills
doesn’t take effect til 2023 when we have ~mass adoption. it’ll get shot down by then, i think we will be good.
think that is bad- should see the defense authorisation act.
did he read it?
no problem passing takes cut for the rich that we are paying for now. ead
ope. there’s a typo. rebecca, please reprint that proposal.
i'd like to see what's inside please
i love the price is right tag they put on there...lmao.
look at squidward over there on the right
and the crypto bill as at the end, you think the majority read the whole thing?
the turtle from over the hedge! i thought he retired from acting.
coming from a man of the party that can barely read 1 page, 5000 pages, what’s the difference?
i bet the republicans haven’t even read it either. politicians are too lazy to read.
there’s always money for war, but never enough money for citizens
if it was china, or the uk, sure, but our gdp is like 21 trillion dollars and only going up. so realistically, this will help that go even higher.
i like how they did not even read the whole thing
get some old people to hold some papers and say some nonsense and you rule the world 🤡
not pictured. the bill that the republicans like that is only 2 pages shorter.
why does it matter when the us just prints money out of thin air? this does not make any sense anymore, this is going to end pretty bad for america.
bill to end all bills.
when this [pooped] up on my feed the "like" count was 666...kinda of ominus if you ask me.
yes just pass it... jobs and more jobs
if you convert it to bitcoin it’s less. nfa
that stack should be heavy, no way his ass is holding that
republicans: decrease fed income, maintain spending. leads to deficits. democrats: increase fed income, increase spending. leads to debt. and the cycle goes round and round.
at first i thought someone edited a giant price tag into the video because it looks so ridiculous. turns out it’s just politicians being politicians.
dont pass the spending bill they on some bullshit like always
did they borrow that tag from the price is right or just rigged that up at home on their cricket?
the real tragedy is that at least one tree died for this dumbass publicity stunt.
just mint an nft of the bill and sell it
😂😂😂 good buy financial institutions.
that’s going to take one big ass swingline red stapler
who has to type that?
bruh, that’s more than 500 pages. he added like two extra reams of paper.
i mean solid argument but letting the government shut down would be a whole other can of worms
i grew up in wyoming and used to sell barrasso popcorn when i worked at the theatres. at that time, he was divorced, alone and rather pathetic looking. i think of that every time i see him standing all tough next to the turtle. my sister used to babysit his kids too.
how do you guys see this possible market crash affecting ethereum long term?
i haven’t read it. i don’t think the guy holding it has either. maybe mcconnell, he’s smiling like he read it. i don’t know. we should all take turns reading it out loud. lessen the burden. i got too much to do to read it by myself.
this bill is bullish for eth.
put that bill up on reddit, i’m sure some of us retards will have reddit by the time they said it needs to be redded
welcome to the us dog and pony show!!
i'm from argentina, what is that?
then do not vote for all the expenses if you're not going to vote when it is time to pay the bill!
imagine if they just put it in amc... jk jk lol
what happened to being green and caring about climate...! that’s a ton of shit and paper
what’s in the box?
the republicans will offer token resistance to get some of what they want. no way they are going to be responsible for a government shutdown. they are not based enough.
pretty sure he did not read it either.
oh i’m sure he reddit.
what i think is the man holding the stack hasn’t even read it
where the money? in their pockets but blamed people to not paying more
i bet its blank inside.
no you moron. the beginning of the end is the republicans trying to default on the us debt.
republicans do the same shit
size 48 font tho.
just commenting to make the comment number 666, just to keep it on brand
can i get the cliff notes?
why is there 2" margins and 18pt font?
let’s be honest, nobody’s gonna read it.
how much did that custom price tag cost?
yo idk i’ve read 1700 page novels 1, might not be 2500 pages unless font 30 for them old ass blind politicians
i was waiting for the, “ow, paper cut!”
this is not new! all legislation looks like this now. they gotta fit all the "special interests" in them. gop just playing the game.
highly doubt those clowns read it.
i want an a5 please
president biden to you sir. put respect on his name.
anyone who thinks the us will ever run out of money doesn’t get it unfortunately. the absurd stack of growing papers is just a prop for this side show that they trot out every now and then to justify their jobs. (you need someone to debate about the debt ceiling don’t you?!?!).
so who wrote it?
nuts this should never happen
my favorite part about this is the fact mitch mcconnell looks like he has no fucking clue where he is.
both sides do the same all the time.
that’s a pretty expensive stack of paper... i’ll just stick with dunder mifflin paper.
who made the nice red price tag? i need to hire that person.
my question is who wrote it?
same old shit just a different day this is what they did last year
looks like a lot
i feel like that is way heavier than he makes it seem. that's alot of paper
bla bla bla republican lie this bla bla bla conservative bullshit that bla bla bla do not tax those poor rich people this kiss rich people's ass that deficits only matter if democrats are going to help working people bla bla bla. stfu
this happens all the time, someone goes into the room and talks about how huge and how many pages a bill is and how no one has time to read it all because it needs voting in 2 days and nothing ever changes.
lol bunch of boomers presenting to us a bunch of paper... wouldn't be more environment friendly to just show a pdf file or, dunno, maybe some powerpoint presentation? i doubt shit that this shit will pass through the senate... xd
500 pages is a day of reading when it is in book format. it's probably half that size with a lot of call backs to existing law.
gop clowns as if they hadn’t run this country into debt with their crazy military budgets, useless walls, plus everything else that doesn’t benefit the american people.
wrong subreddit, but this is all political theater. both sides play this shitty game of writing these massive bills and only giving people like 1 day to vote on it. obviously no one can read it themselves. everyone has teams of aides and stuff to scour through it and summarize and highlight the key bits.
gop are such hypocrites. most spending bills are this voluminous .
just blank stack of papers with a front cover.
you think they have it in audiobook?
i think it’s safe to say no one has read all that. just a an excuse to reck the place and say well you voted for it!
i'm sure all the republicans read the entirety of the bills they want passed. 's a problem on both sides, so much pork, meanwhile the public gets the fearmongering's spending. it's a wonder anyone likes politics.
didn't bernie do this like 30 years ago? lmao
it doesn’t matter, it probably won’t pass. no one will be able to pass it with the current congress
i’m sure they gave them adequate time to make a well informed decision on where the countries money will be spent, i have full confidence they’re looking out for us.
where does this money come from? does it even exist or is it just printed and?
can i see just the military part of that pile
people are starting to see the corruption for what it is. these people think they rule you.
what’s crazy, is this is our money
i'd be concerned but we've gone past the point of no return aeons ago. so how much of this bill actually goes to infrastructure?
politicians are thisgusting. really wish we had a decentralized system like switzerland. dc is a herpes sore, on a bleeding raised, irregular cancerous skin tag on uncle sam’s wrinkled old ass.
i wonder if the cost of the red tag is included
alright, now hold the military budget next to that one
fen…joke...we are quickly becoming a laughing stock of earth. would any normal person ( us apes) ever pass a bill without debating the shit out of it.
why there is an old turtle beside that man with the papers?
i hate these lizard people so much
our tax codes are 60,000 pages, even the people who wrote them never read them….
i find it hard to believe it is actually that large. maybe double-spaced 24pt type it is though.
of coarse they read it
my spending bill is bigger...
so dumb. overly long and complicated to a point that no senator has read the whole thing. they do this shit on purpose and it drives me crazy.
whose turtle is that on the right? someone left it out of its tank.
at what point do we just cap salaries and prevent pre, post, and in-term donations and lobbying? after eisenhower, you say?
1.4 billion per page and there’s 2500 pages… 👀😦
i hope some poor guy at kinkos didn’t have to print that out 😂 but seriously, didn’t the last administration balloon the deficit by hugely? “the national debt has risen by almost .8 trillion during trump’s time in office. that’s nearly twice as much as what americans owe on student loans, car loans, credit cards and every other type of debt other than mortgages, combined.”
do you think the guy holding it has read it? fuck no. they’re all a bunch of morons. they don’t like crypto because they know it means they can’t fuck the rest of us.
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i would have never guessed a stack of paper was worth 3.5 trillys on the price is right but damn at least i didn’t bust!
.5 trillion price tag for new furniture. increase the debt ceiling so the government does not shut down, again. just like it does every year or two around this time.
how did bronxie make it out of the yankees dugout??
no problem the felon that used to live in the white house printed and dumped more than enough money into the economy to make this budget work. he printed and dumped % more money to be used by this administration
the fuck is this libertarian bullshit ass post.
ever wonder what would happen if the dollar went to zero lol
all politicians are 🤡. that’s what i’ve come to realize the last 6 months
this guy is holding this up like he has never seen a bill in his life. this is theater. stfu and help americans or get out of the way.
this reminds me of the moron that said climate change was not real because he had a snow ball.
look! another bill, same different but it’s for 2021 🤷🏻‍♂️
the thought of grown adults electing other grown adults into power so they can tell you what you can and cannot do is stupid
you have to pass it, then you can find out what's in it. where have we heard that before??? leave it up.
that's alot of pork
i mean he is right though. but they offer no other solution. the wall was not a great incentive and they decided to put a lot money down for it. so a little bit of double moral.
maybe palantir could analyze it and then summarize it for everybody
u[tipped]( you 100.0 donut!
hmm, a post showing support for a stunt by transparently hyper-partisan gop politicians who will oppose any spending proposed by democrats but happily wave through insane military budgets and contracts to their friends every time they are in power? no wonder american infrastructure and social support is utterly crumbling when you give these thieves air. pretty gross look for this sub. for a start many of us are not american and honestly ... i feel sorry for anyone in your country that believes these total baffoons in the gop. they're 100% conning you and you're just ... completely falling for it ... what would you rather, wait for these guys to get into power to spend a trillion of your taxes on pointless wars without even batting an eye? can't believe anyone falls for this crap.
there’s only like 12 words per page. won’t take long to get through
it makes me so fuckin proud that this community sees through their bullshit. 3,5t over 10 years which will yield dividends in the long run. god, reading these comments made my night ngl.
what a fucking stupid prop and mcconnel over just smiling
who writes this stuff
2000 pages on how to spend the money they took from us. that’s how i see it. who’s excited to have more of our hard earned money taken?
tax the richie rich
this is political theatre and we all know it. the post is bullshit and clearly breaks the rules, but keeping it up out of spite, as was explained by the mods, is just as dumb. fuck this post.
it’s def empty blank pages after that first one lol. nobody typing up that kinda stuff... these dems are corrupt and just want more money to fund their sick games
they wasted so much paper for this stunt
looks like a ten pound sack of mashed up assholes.
no shit it involves a billions and billions of dollars. what you thought it was going to be ten pages? how stupid can op be?
i only heard reddit.
there should be a lengthy and wordy bill that makes it if you pass a bill it has to be clear simple language that bans overly scientific words and cannot be to lengthy where it is completely unreasonable.
didn’t this happen a few years ago and a few years before that and a few years before that? they set the stage, act out the play and save the day…… god bless the us government
one day they will look back on these clips and wonder why we didn’t know the fall was close hahaha
bigger then the complete works of william shakespeare and bible combined
republicans broken politics rules.
add another 3.5 trillion
oh and fuck the republicans!
can some one explain the impact this has on the economy?
where can we obtain a copy of this heinous bill, i personally would like to read thru it. i’d wager it has some nazi 4th reich take over shit in it all spread through out those 2000 pages.
you think it will get passed? lolz
it’s a flippin free-for-all now
republican really good at exaggerate stuff like this. somehow some people will be scare when they see paper work that thick and have a price tag on the side. when most do not even read it but just gonna apposed it because the opposition said it is bad.
the old cunt on the right needs to fucking die !!!
glass-steagall, 35 pages. dodd-frank, 859 pages. what the feds print, the feds inflate. leave fiat now before it’s too late ;))
my political affiliations completely aside. this is a really good visual representation
didn't know this sub was trumptarded?
from the looks of that, we don’t have to worry about a us cbdc anytime soon. by the time they solve the tech for it, it’ll be an unstable coin anyhow
it could have been one page and not a single politician would fucking read it.
i'm sure they had time to read it
what a joke!! no politician reads all the way through a bill that they sign. this is just a game. what an ass hat.
the dems are crazy!! as are anyone else who wants to pass this without talking about the details in the bill.
death to the system
it looks like he stole the tag off a red tag deal
all theatrics. it’s already been decided before printing that paper. i’d like to see one human capable of reading that entire thing and comprehending every aspect of it.
half of that “bill” is probably book excerpts. congress is a con and they all need to be hung from the lamp posts or forced out of office.
why is this allowed to be posted on this sub?
who the hell typed that up? oooh i got a paper due next week... better get started
both parties suck, but democrats have taken it to a whole new level.
wow, 100% video is valid and true. none of them read it but they just pass it because hey it is "democracy" right...
more sad than funny 🙈
that shit is thicker than both lotr and harry potter combined.
none of this shit makes any sense we’re all doomed
it's more like the middle of the end. late middle of the end for america as the dominant power in the world.
and not one mfkn politician read the mfr guaranteed!
it's only 350 million a year. these two old fucks can go fuck themselves. we spend double that on the military every year.
this looks like it took years to write i bet they been working on it for years now, and is a good opportunity to bring it up now like tada
that's my normal friday
imagine that, spending for the world largest economy is complicated. stupid people conclude simple answers to complicated issues.
mitch looks like he’s about to shit his pants from holding back his laughter lol this is a joke. they literally have blank printer paper in that giant stack
reddit, check, read it…... nope
who writes these bills?
nancy pelosi... reddit! chuck schumer... reddit! joe biden... reddit!
i'm not into american politics, but to me this seems an obvious con artist talking to a 3rd grade child. that's so fucking stupid on so many levels, i dont even know were to begin...
so does this mean sell???
the way he shakes it about makes it seem very light, almost hollow
i don’t get it. what is this about. it is posted so often.
hahha i wanna see trump read it. these politicians are all the same. both parties are clowns, that all use the same tactics
they fucking love throwing out the 3.5t number, but "forget" to put in the fact that that is over 10 years. military spending is 8t over 10 years. they have no problem increasing that number every year.
looks like the ethereum ledger
rupubs passed that tax cut didn’t they.
that’s over a 4yr period! plus did anyone tell him that half of that money would come back to the government and the people of the united states. but republicans are anti american anything. it’s okay, that turtle behind him has net worth over 1billion dollars.
i’m tired of the soap opera hurry up and sign it because we know you are
that’s awesome. i hope the bill gets through. we need it!
pass it! we need it
this country is dying
at least we don’t have mean tweet… i guess
where is the source. need to send this to a dumb old man.
pelosi and all the other talking dems get a two page version that is talking (selling) points.
biden can berlay remember whose running against him. woodrow wilson 2.0
democrats are retards. republicans aren’t much better but at least they are standing in the way of this asinine bill.
just sign it, sleepy joe needs some zzzz before the mash marathon on tv land.
reminds me of obama care. 900+ pages of bs.
seems to me the d party is purposefully trying to crash the system. move to socialism then on to communistic totalitarian rule.
democrats: “we have no money! bail us out! pass this bill ! unemployment is rising! americans are starving!” also democrats: “give israel more money! fire anyone who is unvaccinated!”
this image shows how archaic the system is.
i'd wager no single human has read it from front to back.
at least it is .5 trillion in easily printable ponzi money…
tl; dr , money printer go brrrrr ,yeay or no?
look how proud mitch is :)
these elected officials in govt are an accurate representation of the subhumans that vote for them. democracy without subsidies from colonialism, slavery, land annexation is pretty shitty.
i would feel bad for the people that read that, except no one has or ever will.
if it’s bad for shitcoin it’s good for me
dude no politician in the history of politics has ever read a bill
the beginning of the end was a long time ago...it was called the internet
these people are so concerned with climate change? how about not using so much paper. which countries get billions in that bill? when are we going to help our fellow americans?
cry harder snowflakes ❄️
mcconnell looks like a turtle
most probably they are going to fund this by printing money. money printer goes brrr!
i wonder why our country is so fucked. nothing shady here folks.
how many of those papers say "just stuff" or "sundry items" these people could not run a bath
.5t most of which is presumably borrowed, at interest, from the federal reserve? they're going to have to substitute the dollar at some point
democrats voted for this !
braindead democrats wanting all your money
all i'm saying is i have more money in my pockets with these guys compared to democrats. at the end of the day that is what's most important.
we have to compete with china, so how about we stop supporting china then we would not need massive massive beyond comprehensive spending.
thank you for standing up for free speech, even if it might be something you don’t agree with.
respect! finally a mod with cojones
love your approach here - respect
eat that burrito and keep the post.
a proper mod with a backbone. thank you!
>i've never seen a post with so many reports against it in this subreddit, and many of the reports have repetitive language. let's keep it up
are you saying that when i want to take a post down i should spam you telling you to keep a post up?
this is top notch moderating. thank you kindly for leaving it up.
please do leave it up, very informative!
good, thank you for leaving this up. thoughtful reasoning and sound judgement.
yooo nice move canada. respect ✊ today is the day!
you know what they say! fuck em!
yeah cool, but the problem is that its straight misinformation trying to paint this bill as some reckless spending on god knows what. this fucking price tag lmao, not a word of actual critique, just chilthish act „them bad”. not a word about how it is fully funded and spread over 10 years. like, its finally some good fucking legislature. just look at the comments, no one even seems to know how and why this bill will affect crypto trading. but yeah good job for defending free speech by keeping this fucking clown here and convicing shitload of people that he said anything of substance. what a fucking joke 2500 pages describing 3.5t spending for the next 10 years, umm yeah? what did he expect, 1 page with „freedom” written on it? that would certainly own the libs which is clearly the only goal of this dumbfucks. jesus fuck we are really living on the gta server
please keep it up its on topic.
wow keep it up this world is so fucked
let's do the opposite what mass media wants 💪🏿. btw, how can you see that this post has many reports? and how do you see the repetitive language?
i was elected to lead, not to read.
tl;dr is: “you’re against this for team reasons” and “you’re for this for team reasons”. no one reads any of this shit.
tl;dr money printer go brrrrrr
the tl;dr was probably a thousand pages on its own lmao. they would need a tl;dr for their tl;dr. maybe a stl;dr?
i think the game plan is to not have a tl;dr and just have people pass it through without ever reading it.
that's normally the case. they work on different parts. honestly, though, the page length argument is weak. first, bills are written with like 60% margin and organized like an outline, and that alone triples the page length from what people expect. then, the language used is crazy thorough and detailed. here's how you change the name of a single building in billspeak: now, budget reconciliation is particularly complicated. how many pages would you think the us budget is? taxes, exemptions, all the things you need to fund, and you actually want details. if you're concerned about wasteful spending, you want a longer bill that spells things out explicitly rather than one that is vague and open ended. blank checks have considerably less ink on them. i'm not saying there is no pork - tit for tat is as old as congress itself - but that pork gets hidden by having dumb grandstanding arguments like these instead of talking about the actual points. no, individual congressmen do not read the whole thing - particularly with it being rewritten over and over. they rely on bullet points. yes, the person making the bullet points for a given section can lie. also, people can verify. there's enough staff on congress to double check all of the summaries, so it is not like you'd get away with lying in the tldr, but your congressperson is going to read "rename building to x" instead of that half sheet above. that's actually okay.
there's not a tldr, they have aides who read it for them. so, everyone has a different tldr and nobody knows what anyone else is talking about.
this is why politicians have such large offices, the staffers and lobbyists read the bills and give them the tldr. is one of the reasons lobbyists are beneficial. having experts in a field read bills for you and tell you why you should or shouldn’t support something(of course this is abused, it’s a powerful position). crypto has shitty lobbyists.
they don’t read they just play politics with it… 100% none of the politicians involved have not read the bill
tl;dr approve this bill lol
i'm sure they passed it by tldr-bot
the words were the hardest part.
remember when congress had a bill introduced that was about 100+ pages in it and was only allowed an hour to read it?
tldr: we cannot stop crypto so we will try to tax it and earn some for us.
the tl;dr is 300 pages
tl;dr: you spends, fed prints, plebs complain, top 5 list of “invade next”, rich stay richer
they probably have a good bot for this stuff
they just write and do not read.
we need a tl;dp rule— too long;didn’t pass
there was probably a tldr for the tldr
yeah, i highly doubt that bumbling fool speaking has even read it all lol
who the fuck wrote it?
not so good for the photo op huh!
you think most of these dinosaurs know what a pdf is? [pretend hank says pdf and it applies to them](
save the trees 🌳
is there actually a publicly available pdf of this? i kind of want to grab it and skim through it.
no shit, this is why our government is broke, i bet they ran that up for a couple thousand dollars for a stack of papers lol
to be fair, these documents are drafted and laid out in a very specific way. there’s like 50 words to a page and 4x line spacing with 2inch margin. it’s like criticizing a picture book because you could fit all the words into one page
send the pdf then print it. 😅
that’s some effective advice… easier to read as well
save paper save trees! save the planet !
\^ totally underrated comment. lol
“do you have any idea how big this memory stick is?!” lol
i think you would need about 2tb of hard drive space.
but then they could not scare everyone in the crypto subs.
is this like kaylie’s big binder of amazing things that actually turned out to be completely blank sheets of paper? come on politicians! lorem ipsum some shit next time!
that has to be a hollowed out block.
it's probably just the cover page attached to a few reams of copy paper
“this pdf is so big at 7 mb it will lock up your mailbox if i was to send it “
limitless paper, in a paperless world
what the fuck is not a waste of paper then?
republicans do not care about the environment. paper for life.
double spaced with extra wide margins
name one thing any fucking politician does efficiently
looks like it is about 4 reems. i wonder how many though are actually blank.
yeah, op fits right in with these morons.
a lot of "this page intentionally left blank".
politicians are like 400 years old. they need large font
just checked the office copy room. 1000 pages is 4-1" thick in the wrapper. after going through a printer and shuffled a bit thicker. 2500 pages comes out to 10-1". seems about the right size to me.
think about five 500 page reams of copy paper- seems about right to me.
bills are usually presented with double space and wide margins.
the pages of the book are printed on both sides the bill is not.
the gop is really good at really bad props. consistently
cmon you’ve read a book before, right? you know the pages are thinner than regular paper, right?
also, it is fully funded. people in crypto subs are so fucking dumb.
exactly. god forbid we spend money that actually helps people.
man that turtle is wearing a suit...
circle jerk about money printer and the dollar inflating. it’s good for the economy to have a dollar that inflates 2-3% a year… i don’t know why it’s so hard for people to understand this
read the bill and youll see it has to do with all cryptocurrency. definition of "broker" change and kyc which means you wouldnt be able to buy crypto in us.
it’s a bullish news for etherium. the more they spend the higher it goes.
stop being dumb they want to try to tax our crypto
probably some lazy libertarian thinking this is losely connected and trying to farm donuts
print brr numba go up!
ban this stupid shit
the same thing electricity prices have to do with ethereum.
this may very well have plenty to do with eth, i would assume by way of inflation due to the spending. plus, all the taxation and monitoring of our spending which may cause more to look to crypto. thoughts?
there’s always that one karen
this has to do with every crypto. massive debt increases and spending will affect us all
why do you think crypto shot up since last year? all these trillions of paper money being printed ...
the crypto regulations in it.
american politicians come out of the american public and are voted in by the american public, this is the best we can do folks george carlin
as if you could not print any spending bill and have it look like this.
exactly. people on both sides of the aisle love to spend money when they are in power.
those spending bills where written by the left and fought with trump for months to get them passed. short memories on this board
they don’t give a shit about common folks
you mean the national budget? or what? cause there was no .
democrats unanimously voted on those bills. at least republicans had some opposition.
account history nuked thanks to
that’s whataboutism. all politicians are awful but democrats are extra awful on spending.
that’s their main motive … keep doing stupid shit , won’t have to answer for serious shit
those useful changes and alternatives are in the bill he’s holding.
these people aren’t in charge…yet. if manchin and sinema step up and vote for this thing, a lot of those useful changes and alternatives you mention could pass.
i'm with you on this, especially considering us occupation of afghanistan alone cost over , this is nothing considering it is for infrastructure and development of the country.
so, like usual, pretending to be generous by spending other people's money.
this is just wrong. biden wants to increase the corporate tax rate. there has been numerous studies done by economists on the corporate tax rate, and every time they have found that labor ends up paying most of the tax. so by increasing the corporate tax, they are also decreasing people's wages, which affects people who are not wealthy. if corporations are greedy like you think they are, why would they voluntarily bear the cost of the corporate tax? if they could pass it on to someone else, why wouldn't they?
i kinda took it from the angle of the repubs not intending to pass the bill and shutting the gov down causing the eventual collapse of the gov dollar. i know we’ve had shutdowns before and things don’t happen that fast, but with thistrust of our gov growing higher every year, i could see each gov shut down in the future being a little bit more dangerous to the stability of our country.
is there really a driving tax for miles driven per year?
youre right, yet you're wrong. this is just permission to spend however they want to spend that money. it will definitely fuck future generations up. but idk maybe inflation is not real
that flavor-aide really must be something else.
ive heard this bill contains taxation of unrealized gains. that is too scary of a prospect to not verify before wanting this bill passed.
the problem is the left would not stop there. it's actually a bottomless pit, their appetite and their spending.
i'm gonna complain about how long the ethereum source code is
i don’t think he’s saying this bill is too long. i think he’s saying this bill is really damn long and they are trying to pass it as quickly as possible without fully considering what is inside.
this “not knowing where the $” issue could be resolved with the transparency that comes with crypto…just sayin.
>who’s auditing this shit? the government accountability office, or gao here's their audit of [fy 2020 spending](
this grandstanding didn’t tell me shit about what’s in the bill. dude just stood there with a stack of paper and did some arithmetic. idgaf. tell me what’s in the bill and what you take issue with. didn’t trump just explode the national debt? was this dude crying then? or was he popping champagne bc it was his party in charge? jw.
go look at federal grants. the amount of money that gets passed out for pet projects by unelected bureaucrats is insane.
tbf they do have a bunch of underpaid, overworked 20-something staffers reading these bills. the full text does get read. occasionally people miss something, but it is not actually that easy to sneak in a clause that no one notices. those staffers at least have adderall.
this is the biggest problem. they give it an important and altruistic name then sneak in some bullshit. wtf shoes women’s gender studies have to do with covid relief
lol what? is that verified 🤔 crazy, if they took that same 25mil put in an airplane while flying over some of the places that true need it in america and open the door i wouldn't be mad
of course it would not go to where it is needed. they tried to sneak amnesty into it as well. infrastructure my ass.
it's less about the money making it where it is supposed to go and more about whether it was all actually used for the intended purpose - it is often not. i'm sure that ,000,000 went to pakistan, i'm not sure it all went to gender studies once it got there. a lot of "us foreign aid" (aka foreign spending) is actually just bribes in one form or another. there's no need in fretting over the audit aspect though, any spending they really do not want you knowing about will just be done under the black budget which does not get reported; \~20% of the us budget falls under the black budget (non-reported spending for "national security reasons")
do they know pakistan has a lot of women in school? villages are a different story but what a waste i would only understand if it was to deradicalize waziristan
right. that’s not their job. that’s what the analysts on their team do, and then they create condensed reports of all meaningful and controversial provisions and they present it to the elected official. acting like nobody knows what’s in it is the dumbest thing i’ve ever heard. who wrote it then?
the republicans passed a historic tax cut for the ultrarich. the democrats are trying to pass an infrastructure bill which the country desperately needs. sure there are things in the bill we won’t like. but that’s the trade off for finally fixing americas roads bridges etc. the congress has avoided paying for infrastructure for decades, and it shows.
well as an outsider i can tell you that problem is not limited to america
saying that this bill is a problem is part of the problem.
i would appreciate instead of just complaining about the price tag… tell people what the politician doesn’t like from the bill… what would he cut? it is a simple question for journalists to ask. additionally i don’t have a problem with spending if it is vital to the us. most of this bill will be paid for tax increases for the 1%. who pay far less as a percentage of wealth than 97% of the country. this same dude agreed and voted for a tax cut in 2018 for corporations and rich people (the middle class cuts of 1.8% expire in 2026) that did more damage to the deficit than this bill will do. this bill barely impacts the deficit when that tax cut ballooned it up 300b+ a year (over 10 years that is 3 trillion by the way) at least this bill is mostly paid for. and we get much needed infrastructure (jobs) out of it.
i'm sorry, but what the fuck are you talking about? do you even know what's in the bill? first off, it is .5 trillion *over ten years*. stop being scared of big numbers. second, it is fully paid for. third, there are tons of programs in there to help real people - child care, elder care, new energy jobs, universal pre-k, free community college, federal paid parental leave, federal paid medical leave, child tax credit expansion, expanded healthcare options for medicare, bigger aca subsidies for the poor, aid for seniors, lower prescription drug costs, massive investments in infrastructure... **this bill will materially help** ***millions*** **of americans!** it's funny that you're criticizing politicians for not knowing what's in the bill when you yourself do not appear to have a clue...
i’ve seen what’s in the bill and we need the vast majority of it. we will pay for all this one way or another, we might as well pay for it by moving forward rather than stagnating until we’re even more screwed.
dude, it is called pork barrel and it is been going on since the states were originally united. prices go up with inflation, so these bills cost more each year. if you think spending bills for government agencies, roads and schools are bad, you should have seen what they gave banks and multinational corporations through ppp loans (which the president fired the person responsible for overseeing) and quantitative easing during the pandemic, it is really the reason that we've seen so much inflation this year.
they also care about loading bills with shit they know won’t pass to point fingers at the other party when the vote falls through. politics is bullshit
the whole government is a pony show for the elites
the rich always get tax breaks
yeah this is just a bullshit excuse for not wanting to participate with democrats on anything. an excuse for not doing their damn jobs.
yet on crypto subs so many act like republicans are some shining beacon of pure liberty upon a hill, conpletely ignoring that they are also almost completely in the pockets of wall street, etc.
why do you consider criticism of the left to be right wing? nobody with a brain thinks this bill is a good idea, right wing or not.
sir, it looks to be a photo of a half eaten doughnut that was printed out.
... that only benefits the wealthy corporate elites
they just want to have "infrastructure week" every other week for four years, but never actually do anything
seriously. there was a shocking maga overlap the other day in one of the deficit thiscussion threads. like violent type stuff. fortunately there were also people shocked alongside me.
ya those old guys dont read. they sit there and have someone read it to them or give them bullet points then ask their peer or group how they are voting. do away with political parties honestly
*republicans do something bad* reddit: “stupid shitty trumpers!” *liberals do something bad* reddit: “stupid shitty system!”
imagine thinking it is a same thing, both sides kind of situation in politics. one side is many many times than the other
if the gop proposed a bill providing child care, elder care, new energy jobs, universal pre-k, free community college, federal paid parental leave, federal paid medical leave, child tax credit expansion, expanded healthcare options for medicare, bigger aca subsidies for the poor, aid for seniors, lower prescription drug costs, and massive investments in infrastructure... the democrats would support it.
it’s not about republican or democrat it’s about them voting on the bill that no one has fully read.
the republicans would never sponsor a bill like this, and you damn well know it. this isn’t tribalism, there’s one side saying “let’s make sure everyone has healthcare, good wages, access to affordable childcare, and a path to a prosperous future” while the other side says “let’s take those broke bastards for everything they’ve got, fill our pockets, then we’ll incite a coup and burn the whole goddamn place down on our way out.”
maybe we should limit the power of the govt and politicians then?
mah side must win though. other side bad!
that is more than the total cryptocurrency marketcap, so you can buy all crypto in circulation...
none. that is why all trumptards in the comment are shouting that nobody read this document.
considering that literally [every unified federal republican government in american history led to a financial collapse]( not many. when republicans get their way, [economies collapse]( it's been proven [time & time again]( but new idiots are born everyday so they keep on at it. at some point, they need to ask themselves why dems control anywhere with a big enough population to have 3 story buildings, while r's only maintain control of the decaying & brain-draining boonies.
about as many as are vaccinated?
they probably pass the same amount of pages if not more but those are separate bills and separate votes, which everyone has time to read. the congress is about to vote on something that they haven’t even read.
it's not ethereum related thiscussion, personally i would donut downvote this if i could :/
enough is enough only when the left or a black man is in power
only the parts where they give money to their donors
no. but that is the point.
r's have had plenty of time to examine the bill, there is nothing frantic about it. they just do not want d's to pass something that will help people because it would make it harder for r's to get elected, same as usual.
the bill is paid for
this over 10 years. so that is . i do not find anything wrong with that. in fact that is kind of cheap for the amount of progress the country would make with this passed.
i would rather spend money on infastructure than lose it to tax cuts for the rich. also, in case fox did not tell you, the ones refusing to vote to keep the us from defaulting are republicans, not democrats
you do not understand how blockchains work at all
what i bethink is the sir holding the stack hasn’t coequal readeth t *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i’m not restful of the soap opera hie up and sign t because we knoweth thou art *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
yeah, we do not need no stinking bridges or highways! we need more multi-trillion dollar tax cuts for rich people!
my point exactly. no dd. bridges aren’t .5 trillion. why do you think it’s so big. hiding something in plain site. 🤔 crooked fascist party. when the owners of industries get taxed higher there’s no choice but for them to raise prices. in turn the rest of us 97% pay for it. wake up
the system was crafted by a bunch of bandits that got kicked out of england, probably the worst of the worst. they saw all the rich lands and a big ocean in between and and came up with that document to justify going rogue and keeping all the resources to themselves. they only followed the document when it was convenient, most of the time they were too busy stealing land and having slaves develop it. in the 21st century the us is too scared to annex more land and have slaves work it so the system is collapsing because the people are innately lazy and of low iq.
i would feeleth lacking valor f'r the people yond readeth yond, except nay one hast 'r ev'r shall *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
that’s a remarkably depressing view of the world.
best mod i've ever seen
really big cojones. as a true mod should be.
they can se it cuz they’re sub mods
sadly yeah i think you're right. one side writes-sponsors a bill, the other just votes against it because it is the other side. congress is just red vs blue. we all know that. but then we have regular people shouting "the liberal media is xyz!" and "it is because the republicans are xyz!". so it is not just congress. then you have moderates that get hate from both sides, and it becomes apparent why. it's a systemic conditioning over generations to be my team vs. *your* team, on or off, win or lose, us vs. *them*. idk how we can solve that
this is not north korea. we are america! the best democracy in the world. also incompetent fools but who counts that?
new military budget includes converting decommissioned a-10's from afghanistan into printing presses for this exact purpose.
this happens to every bill. no one truly knows what's in it.
it’s not even fully written yet. call your congressman and ask them to read you page 1,784, or 2,099, or any page at random it won’t matter. they can’t because it’s mostly blank still. they literally have giant empty sections they will fill in later. don’t believe me? try it.
i hope a decent number of people see your post here. it’s really easy to jump to wild conclusions seeing a big stack of papers like that. reality, as is often the case, is more nuanced
legit thissenting opinion. respect.
“i have the spending proposal nft on this hardware wallet”
"look at the size of this pdf file. it's 500gb. it does not even fit in my kindle!"
i have never read this much paper in my entire life.
legally it has to be on a piece of paper. a hard copy is always better if you want to save something for a long time and its also a good prop to make a point
a pdf can be hacked and changed after official review
what’s funny is i know exactly what you linked without having to open it, classic
where did they find that price tag...
i don’t think so... they don’t do anything without spending public money
i bet some politicians pocketed the money!!!
i doubt they even printed it, it is most likely a cover sheet and a bunch of blank pages.
they are broke... we are fine... we never voted for this bill... so this is solely on the three branches lol
and a copy was printed for every. single. member.
they did the same as a sixth grader trying to cheat on a six page report. increase the font to max and triple the line spacing. they'd rather have the gop budget plan, it is one page that reads, "the rich get everything. f××× everyone else."
politics is 90 percent theatrics. it’s exhausting. how about you just do your fucking job.
they're doing it for dramatic effect. of course they are gonna print the paper. so all of you guys believe it is the "beginning of the end."
would it have the same effect? probably not. you’d think the sticker price would be all the “wow” they would need.
it’s not like they know how to use email anyways
this is done on purpose though and it is not as nefarious as it seems. all legislature is formatted with large font, wide margins, etc. because congressmen make notes and ear mark language that they want to later bring up in session. they're also boomers who probably cannot read anything smaller than size 28 font in the first place
give themselves a raise
all but the cover, most likely
but they said the bill was 2500 pages. i do not doubt it is a fat stack. just not that fat a stack
yeah, truly. this place has been for shitposting ever since i joined in in 2017 and that was fine, but after the recent bull runs the level of intelligence here has sharply declined.
fully funded by what? last i heard they’re still trying to figure out where to raise taxes to find this bill
fully funded? they have the money in savings?
on paper it is, but in reality it’s just passing the buck
i used to love turtles, i guess no more :(
that’s john barrasso, or barrasshole…. he is an asshole.
i know! no one is talking about the turtle with the suit on!
you better keep your straws away from it
not only that but "government spending -> inflation" is a gross oversimplification and not even guaranteed. inflation is a hella complex concept that economic experts still thisagree on. but yeah, reddit armchair experts got it down pat, do not they.
genuine question but is 2-3% inflation good?
youre being such a drama queen. it doesnt outlaw crypto at all
the video and the post title give 0 indication of this.
i have read several parts of the bill including the portion about classifying, regulating, and taxing crypto. can you cite the portions of the bill and that you have issues with? please include sections and lines along with the pdf you're working from. if you cannot do this, you are being manipulated.
oh, so you read all two thousand pages? 😹
where in the title or the video is this clear, try a better argument than insults.
other people have pointed out the bill effects eth, my problem with it tho is to myself and others the post and title indicate this in no way shape or form.
this is not alluded to in the title or video at all.
compelling argument you have convinced me with your mega iq argument. lol your flair is grossly incorrect. you seem to have never participated in this sub before, why i you seemingly emotionally effected?
certainly not because of this short video clip and title...
eth did not go up 10x because of inflation.
where in the video or the post title are crypto regulations mentioned?
i’d be more with them if they were actually going to do some reform and address the fundamental issue of bills being full of shit no one reads. but i’m guessing its just a dems bad move. if someone corrects me on this i’ll be very happy.
that’s kind of their job amongst other legislation.
you mean the covid relief bills democrats voted for under trump? or when democrats voted to raise to the debt ceiling under trump. guess who stoped voting for those things once biden became president? oh yeah, republicans.
really? do we have to do this again. reagan - expanded the national debt, and deficit. bush sr - expanded the national debt, and deficit clinton - cut the deficit to almost 0 and a positive gain. bush - expanded the national debt and deficit obama - cut the national deficit in half. from 1.2 trillion trump - expanded the national debt and deficit back to democrats cut the deficit. biden might be the exception, but for the past what 40 years. __democrats are the fiscal responsible spenders__.
but only one side spends that money to help the american people.
if you are talking about the trillion dollar tax cut for the ultra rich, you are completely wrong [republicans pass historic tax cuts without a single democratic vote](
basically all evidence is to the contrary. facts over feelings dude
you mean the string bound prop that is 6 packs of blank paper with a cover sheet and novelty sized price tag... i'm talking about he time wasted doing the theatrics... just hammer out the deal in chambers and sign it. the people at home that the news pushes this crap too to be happy ... just get the job done.
they spent the last 4 years in charge and did not do anything to make it better lol, but they did try to defund the postal service!
i hope manchin has the courage to stand up to this fiscal irresponsibility. fuck socialism.
is there pork in this bill? definitely. **but there is also a shit ton of good stuff in this bill that will materially help millions of people.** and anyway, people tend to think 'pork' is like, i do not know, new kitchens for legislators. it's fucking not. it's just earmarked funds for specific projects - like a new interchange in a legislator's thistrict, or upgrades to a specific airport, or funding for a drug rehabilitation program in a specific thistrict or state. those things help people, too. people have to recognize that not every dollar spent by the federal government will help *them personally*, sometimes that money goes to build things that they themselves will never benefit from, but other americans will.
people love spending money killing brown people.
yes, that is how a government works. you can also argue that the rich became rich through exploitation of people's marginal labor value, but libertarians seem to forget that part of the conversation
that's what government spending is, you dolt. it's spending taxpayer money. the trick is spending the money so that it benefits taxpayers. i'd rather have that money spent on universal pre-k, clean energy programs, and paid family leave, than on bombing afghan children.
how else are we supposed to rebuild and modernize our infrastructure? do you think all of our roads and bridges were already in place when the country was founded?
government = represents the ppl they’re literally spending their own money
why are you saying that this bill will only be paid for with a corporate tax raise? the biggest chunk is from raising tax revenues on the wealthy
i am more worried about the debt limit and the us defaulting on its debt than i am about a gov shutdown
normally, that kind of tax was just called a gasoline tax but with more evs on the road, the gas tax is not collecting revenue proportionate to the amount of vehicular use of roads that is a problem. how do we solve it?
the benefits future generations will gain from the provisions in the bill may outweigh the increased inflation, if the latter is properly managed by the fed
yeah i believe government should invest in its citizens and infrastructure i must be in a cult
so this is what you‘d rather do with (almost twice) the money?
it's not true. and anyway, the proposals by some democrats to tax unrealized gains applies only to billionaires.
you think an appetite for spending is a leftist trait? [lmfao](
op literally said it would take 200 years to read 2,500 pages... he is not all there i think
who should know more and what should they know more about? saying “bill long, therefore no one knows what’s in it” is a bad argument. people work on this thing with 100% of their time and put real effort into finding compromises and solutions, and then these elderly press-conference jackals come along without doing any of that work and their argument is “i couldn’t read it, so none of this should pass!”
there have been detailed breakdowns available to the public for weeks. if someone whose job it is to understand this is having trouble, perhaps we should elect smarter politicians who can read.
we need to elect the right people to make that happen.
i think thats the point though. they do not want you to easily see where the money is actually going.
exactly. smart contracts and blockchain can solve this.
that’s why they’re trying to kill crypto. too much transparency for all that corruption.
this is exactly right. politicians complaining about a price tag is stupid. tell me what you would cut and why. yet people on this sub seem to swallow this nonsense whole sale
you’re not supposed to think, you’re just supposed to have an angry reaction about tax and spend libruls. conservatives pull this shit every time democrats try to pass a budget. it’s just a visual persuasion move.
that’s the whole point. no one knows what’s in the bill they are about to vote on. all they know is the provision they support. the rest they don’t have time and capacity to read and understand before voting on it.
you won’t be sneaking .00 out of the atm unnoticed. irs is updating its infrastructure to track everything and possibly data mine all those statistics just to see what tax increases americans can handle in the future.
could maybe do it in a couple of weeks...one hell of a slog though.
given america's education level, i wouldn't doubt it lol
the interns themselves? are we actually all run by interns?
its infuriatingly dumb. i used to identify as centrist but i realized i was just stupid in doing so. there is no center ground to be had on such stupid arguments of the right
gonna go out on a limb and say that maybe…just maybe...things are a bit too bloated when you have to have teams of advisors give you the cliffs notes version of something you’re going to be voting on because no sane human being could read it within a reasonable amount of time. point still stands. they didn’t read it.
oh i’m not talking about content i’m talking about the fact republicans are complaining they don’t have enough time to read it when they’ve pushed bills at the same speed
tax cut for the ultra rich? everyone got a tax cut, double the standard deduction and child tax credit. you do realize companies won’t stay here and pay ridiculously high tax rates they will go to other countries like idk china. cutting taxes for corporations is the only way to bring them back into the states. remember the panama papers?
i appreciate that. as an american, it’s beaten in to us that we are the best - we are infallible. at least that’s the political narrative. they feed the public the message of “right wing bad, left wing good” - all the while getting richer and richer while we toil away at our 9-5s. now people are starting to see the gross negligence of our elected leaders. both sides of the aisle can eat a bag of dicks. fuck these politicians.
don’t forget the trillion dollar tax cut for the 1%
geez you sound like a shill for politicians
buddy, you forgot the
>and to top it all off it is 100% paid for, lol!!!
it’s all theater. just research eric rosengren & robert kaplan both resigning for insider trading. shits a joke everything top to bottom
imo, they r worse than that & have gotten worse over the years. term limits r needed, but…
latest poll numbers i’ve seen had favorability at 62%. sounds like democracy at work for a change.
i get the small states do not need as much rebuild but unfortunately major cities have visitors and transplants from all states. we all benefit from high speed trains and new bridges. just laugh without blinking an eye they gave billionaires 3.5 trillion, but cannot invest in the country. we are screwed with "leaders" like this.
lmao. this is so true. and so they keep making the same mistakes over and over.
its the people, not the system. a govt is an empty vessel. put noble good people in any system can work. put bad people in not even the best system written by god will work.
isn’t this the us infrastructure bill? to me this bill is effecting the world markets negatively, which in turn effects eth. just because you may be affiliated with the left side of things doesn’t mean you shouldn’t call the left out when they push bullshit like this. neither side really has our best interest in mind.
educated person you are
correct the once who made it didn’t read … who else is going to
my entire life all they do is overspend and over promise to do shit. i’m not blaming parties, i’m blaming every politician i’ve ever seen! republicans and democrats both do the same thing….
and in case cnn didn’t tell you…. their solution to over spending is to borrow more on every citizens back! i’m in my 50s and all my life i’ve heard they will balance the budget. the only one who ever came close was bill clinton. they need to spend less then they bring in. personally i don’t care if they tax billionaires at 99%, just stop spending more they they have.
stop parroting what your political tribe tells you to and think…. can you run your home by spending more then you make month after month, year after year? i’m sorry but i’m so sick and tired of them pissing away money and borrowing more
your welcome my man.
they make my life 10x easier than the other guys who seem to want to be in my life telling me what i can and cannot do. if that adds some context
it makes sense, thanks!
term limits so we can eliminate a permanent elitist ruling class mentality from dinosaur like career politicians that only enrich themselves while making our peasant lives more difficult by the day. say hello to inflation in the build back better biden economy
we can solve that by switching to ranked choice voting. bring back the multiple party system.
need to stop the media from misleading the people.
you should join the r. just about the most complaining group of all time, nothings ever right in their eyes.
this is an oversimplification of the problem. yes there are large systemic issues in our politics that cross party lines, money in government being the most egregious offender, but there is an asymmetrical imbalance in which the way the parties conduct their business. i think it really shows when bills that attempt to get money out of politics, eliminate gerrymandering, and making voting a national holiday are unilaterally opposed by republicans. are there democrats who oppose these things, sure. on a whole the changes are largely supported by the american people, yet we have this stalemate because of imbalance in our system perpetuated by performances of the gop conservative ideas are not inherently wrong, the republican party has warped and twisted many of these ideas to fit a culture war narrative. one party wants to fix the system, and the other is actively undermining it. just to add: we absolutely can fix the problem. get money out of politics, prevent individual representatives from owning stocks, overturn citizens united, etc. we have more requirements for our public school teachers than we do our senators and congress people. they have been gaming the system. why do not we change it to our liking...and i know which party is for this and which party is against it.
the only non-violent way i can see is people saying “i’ve had enough!” and voting 3rd party. or voting for ranked choice voting, which neither major party will ever support. we have to get out of this system, but people are too easily scared into voting against the other guy “just one more time, cause it really counts this time”. people need to remove themselves from the outrage diet long enough to notice the systemic (two party) problem that we’re in. you’d think the hatred of the “mainstream media” would do it, but the people complaining about that are often the people parroting the party line the hardest. otherwise, it ends in civil war or the republicans dying off faster due to age (or covid).
they would have a shity reply ready
they’re going to sell that stack as an nft
gimmie my stimmie!! ' ...so i can buy more eth.
you read it all !!
neither will any of the politicians debating it.
you read it !!
in the uk, i think the official record is still the one written in ink on velum (deer skin rolls)!
not if they did it with smart contracts, and in our blockchain
so can printer paper. it's called whiteout.
💯 mitch mcconnell isn’t holding the bill because he’d probably fall over from it lol.
you haven’t heard of the .5 trillion dollar bill they’re trying to pass?
i would bet my next paycheck on this haha but they would take that also.
politicians are not that smart. i guarantee that they spent all day yesterday printing each and every page.
every time i see this i have an overwhelming urge to run up to him, rip the papers from his hands, split it open and see if it’s real legal text or just shenanigans. it taunts me. i need to know for certain.
haha i just noticed that and its so true. my biggest thing is they are acting like a bunch of immature assholes who their sole purpose is just trying to fuck the other party over and dont give a shit about the nations people. but that convo is for another sub. lol
getting 'mericans riled up over shit that would not affect them is their job
so i guess you're all ok with this? do you really believe anyone on either side of the aisle actually reads this thing? i find that to be a problem. these are our representatives and i am pretty convinced they vote on shit they do not even know about - this is not a new belief. love how you paint people with that wide "all of you guys" brush - this tells alot about your own beliefs and prejudices. all this video shows me is how fucked up our system is.
i apologize. your right. their aid would be doing all the work.
i’ve worked on these binders for a provincial legislature in canada. introduced or amended legislation on the verso and explanatory notes on the recto. there’s a lot of reasons these things get very very long. i just did the notes explaining the legislation-lined legislation. i’m sure that even more goes into them.
would have also accepted golf
more libertarians jumping in lol
i think he meant the one on the right.
hardly recognized him without trump's ass attached to his lips.
turtles have spines, though...
it keeps people spending money since they lose buying power by sitting on the cash. inflation is also good for people. it makes paying back that debt cheaper
nah, an uninformed sensationalist drama queen in crypto? i never.
turns out a lot of crypto traders are “temporarily embarrassed millionaire” types who think that any form of government action is designed to ruin everything they hold dear.
bruh, you read it?
well then how would you go about putting kyc(know your customer) on your broker agent for crypto?
they have been talking about putting restrictions on crypto for a few years now, this post isn’t a good source of information since it’s literally just a short video
then read up on the bill before you complain about its irrelevance
if the parties were reversed you wouldn’t have a problem with this
i think you’re right there. op could’ve used a better title. i assumed it’s relevant enough since inflation is a huge talking point on crypto subs. of course we’d be interested in the infrastructure bill and debt limit, those two things directly affect monetary policy and therefor our investments
oooooh 10x that is so big wow, it is 300 billion in total market cap, that is peanuts you dum dum ... go look at the fed, boj and ecb balance sheets ... and nothing moves entirely because of a single event, but it definetely contributed ... op said what does it have to do with eth, well it does have an effect, how big is the effect is another story! fuck i hate these subs where you have to talk to idiots ...
well i guess in that case they aren’t.
not for the gop. they preach fiscal conservatism until there’s a gop president who wants to raise the ceiling multiple times. 0 hesitation. but then as soon as there’s a dem majority or president the national debt becomes the biggest issue this country faces, and we can’t possibly spend any money investing in this countries infrastructure.
balancing the budget is also part of their job, but you do not see anyone doing that.
the weird thing is the rs have done all that damage primarily through tax cuts, next through war. like...benefitting nothing and nobody. yet someone comes along and is like "how about new infrastructure?" and people lose their damn minds.
that's totally not true, dude. how dare you. the top 0.1% are american people too.
that’s not what i’m taking about. the 7 trillion additional spending was passed within the past 2 years.
the tax cuts actually resulted in increased tax revenues until covid hit
ah, no i meant the actual bill. if he would just vote on it this whole problem would be solved, but he has coal industry friends to placate.
the problem is that to him he is doing his job. if democrats pass something that people like, it makes it harder for republicans to get elected. so it is better for him to make it look like they are just wasting money, instead of, you know, admitting that this is a good thing and voting yes on it.
if you think this bill is fiscally irresponsible, wait until you see what mcconnell did this week to threaten making the us default on its debts! or the .
have you read it or just going off common sense? genuinely asking
yeah, dumb fuck. that's what i'm saying. you, along with these fucking politicians, are pretending to be heroes by spending *other people's money*. talking about "making investments in the country's future" like you are not just receiving the profits from other people's involuntary investment.
the same way amazon can build a warehouse without forcing you to pay for it.
not really, it is more like the 51% is spending the 49%'s money.
right or wrong, i see those more as arbitrary numbers that will bend to whatever the us needs. i don’t see anyone calling the us on its debt, because if the us economy crashes, most economies across the globe will crash along with it.
if the latter is properly managed by the fed is key. it never is.
what a whacky idea
to be fair, some people are just against government spending at all; being against this spending package does not mean you are for war in the middle east. there are *some* people who are against this spending and for war in the middle east, and i think those people are fucking hypocrites, but i do not think you can make that assumption about dear perspective based on just this comment.
i read it over on the bitcoin subreddit. i pray to god it isn’t real. but even for billionaires it’s stupid. besides with inflation it’s only a matter of x generations before that’s the middle class.
it’s a senator’s job to look into this stuff and do their best to make sure that what they are passing is good for the people that they are representing. look i don’t like these guys either but i do agree with them here that there is no way that they have fully considered what is in that bill with such a short time. crypto is one of those things. you can’t sit here and tell me that the crypto regulations in there are fully informed decisions. now think about the other propositions in that hunk of paper. one minor sentence that is snuck in there can be exploited beyond belief so your telling me it’s ok that senators are voting on this when they haven’t even read it?
that’s why i’m here
those who would don’t run though.
how? people barely read legislation currently, why would putting it on a smart contract or blockchain change that?
people don’t look they react, usually incorrectly.
that’s because a large chunk of crypto enthusiasts are ancaps and have been convinced that the gop is on their side lmao.
we good they bad
bills are almost always too large for one person to reasonably read. this is why politicians have a large staff and rely on experts. if politicians were required to read every bill they vote on in full, nothing could ever get passed. politicians bring out these props every once in a while when it benefits them, but it’s thisingenuous.
your head would explode not because of the amount of reading but seeing the things they want to pass
watch veep. everyone who works on the hill says it is by far the most accurate portrayal of washington, and it is hilarious too.
that's idiotic. it's the usgs budget reconciliation is it not? not exactly clifford the big red dog have you ever read anything that is complex enough to contain minute operational details for a large organization or technology? nobody groks the whole thing unless their life is literally devoted to it for an extended period of time. that's like saying a vp cant approve an action on the word of his technical analysts because he does not know the difference between a vm and docker, or service bus vs event hub, or apigee vs awsapi, and took the word of the people he pays to understand the details and give him actionable recommendations. these are elected representatives, not fuckin mensa members. you'd honestly expect them to come to a comprehensive and accurate understanding of the breadth of the details and also get elected by the average dipshit that votes in primaries? sheesh, i wouldn't even want them to pretend they are that capable
hell, they shoved through supreme court justices to a lifetime appointment in a matter of weeks.
what the fuck are you talking about? our tax cut expired while the mega wealthy ones are still there. you do realize that if companies want to leave because it is cheaper, taxes would not make a bit of difference, right? there are also other ways to get their fair share for being in our market. what about the panama papers? i'm not sure how rich elites evading the law is relevant to your point, since it bolsters the point that they need a crackdown.
look dude companies already don’t pay their taxes. amazon, apple, facebook, google, microsoft, ford, gm, etc etc etc. that being said the trump tax cuts were targeted at companies. they lowered the corporate tax rate far lower than its ever been before. and they also added a few crumbs for the proles, congratulations! oh and those crumbs they gave you and me? they expire!! the corporate ones? permanent! are you tired of winning yet?
exactly. whether on right or left, don’t matter. i’m just turned off to politics in general.
as americans, we're taught dems are "left-wing" when anywhere else they are center-right. that's literally a neolib. real leftist thought is antithetical to any captislist system. not saying you cannot thislike them either, just another example of how the american perspective is warped from reality.
he makes it sound like he has read it.
which is exactly why you put a system in place that limits the power of the individuals running it.
maybe, i wouldn't know, there is 0 context in the video or title that state this. i'm not from the us so certainly is not clear to me. i'm not saying anything as to which side politically deserves to have a voice, i'm stating unrelated politics should be left off the sub if it does not have an obvious connection with crypto.
obama also did a bit to help, cut the deficit in half. which is a lot considering he was elected in the middle of the 2008 financial crisis and spent the majority of his 8 years hamstrung by r's filibustering everything. ' if you want a balanced budget do not elect r's, it is that simple.
what do they tell you that you can and can’t do? here in my red state people can’t buy alcohol on sunday, smoke weed, unionize, afford healthcare, and our roads and education are significantly worse than our blue neighbor’s.
you can have a look at how we do things in australia for a good example of what not to do, it is still just a 2 party system with the illusion of more choice.
ranked choice voting is actually a solution that would help quite a bit. we’ll never do it though, the 2 parties are in control and they have no reason to willingly give it up
i am in support of that
election mechanisms are pointless when half of the electorate are brainwashed with utter bullshit.
democrats are no better than repubs .you just have a partisan bias. and it is showing. my opinion is they both suck. both party wants to take my rights and spend and borrow until no one will loan the u.s any more money.
this is completely true. but there are two reasons why it will never matter: it’s too complex a concept for mass consumption. it can’t be boiled down into a chant like “lyon’ ted”, “crooked hillary”, “drill, baby, drill” and “lock her up”. and a huge part of the 74 million that voted for trump have made it clear that no amount of facts will get them to vote outside their party even if voting for their party actively harms them.
just going to say this, neither do any of them.
why so complicated? just sign the hash and publish that.
im guessing youve never used it before
save trees my ass
will-they will take that also. part of it
oh they pocketing something i got a uncle back in my country who’s boss was the vice president before. and let’s just say some corrupted shit.
no. their job is to govern regardless. don't block things for the sake of blocking things. the opposition is supposed to come up with alternative legislation.
of course our system is fucked up. but a bunch of thisgruntled ethereum bros online are not the people who are going to fix society. you're just trying to make a buck like other people. and if you actually do think ethereum is some magic bullet to save society then you're drinking too much kool aid.
that’s my job with a fancy title
depending on the politician, handicap is prob too heavy
oh word, yes, that is just a hate filled turtle in a suit
fair enough, ty for the explanation!
>it keeps people spending money does it actually? i thought it had been pretty well established two decades ago that people were not rational spenders.
i think it went bad for germany. edit: it is called a joke. you people are as plain as bread.
iv read the crypto parts. can you share where it says they will shut down public american companies like coinbase?
if you are on an american based exchange they already kyc'd you. thats why you have to give them your name and address
it's the lack of context that gets me, for all i know the stack of paper could be about any random subject. other people have pointed out it is to do with a bill that affects crypto but it is not readily apparent in my view.
or the poster could actually indicate its relevance somehow. not that hard, but it would detract from the brainless snark, so clearly it is never gonna happen.
you hear that whooshing sound, that is the point going over your head... refer back to my previous comment.
nice assumption, nothing to do with parties, try again.
i can see that there is relevance once you know what the video is actually of, but imo, that is certainly not clear for a good chunk of people, myself included.
alright no actual argument or a bot, bye
that's my issue, it is not obvious to people unless they already know what it is about before hand.
"how dare you expect me to pay for railroad maintenance!!" *breaking news: train details and crashes through midwest house due to neglected tracks* "whose gonna pay for my house!?!?
republicans want to spend without taxing. it helps the economy grow, and people do not pay for it. then democrats have to be the adults and bring taxes back and stop the spending sprees. this causes people to be all sad :( and republicans get to scream seeeeeeeee it's the democrats fault!!!!!!!!!!!!!! they're children.
benefiting their friends, donors, and corporations they invested in.
that one was full of covid relief made sense to me
well don’t tie the debt ceiling to a wreckless spending bill. a stand-alone debt ceiling bill would pass. mcconnell can rot in hell too.
i assume there are earmarked projects in the bill. i honestly do not see anything wrong with "pork" - it is what got people to actually agree on legislation in the past. as long as those "pork" projects are actually benefiting taxpayers (even if it is just in the legislators' thistrict), that is fine. i am not one to get mad because there are dollars being spent in the budget that are not helping me specifically.
yeah, i'm getting such great profits off a bill like this! seriously my wallet is *stacked* with a better workforce, now that community college is free and childcare is supplemented, allowing parents to go back to work at their full potential and i'm getting rich off all the co2 reduction from closing coal plants and investing in grid infrastructure and green energy! my bank account is just bursting to the seams with all that sweet, sweet pre-k, benefiting the next generation by giving them a head start on education! that's what an "investment in the country's future" is, pal. it's spending money to improve our country and the people that live here. **you and i will both benefit from it.**
except then we wont own it. and will have no say on its usage...
like amazon doesn’t get any tax write offs for their infrastructure projects. isn’t that public money?
that's not true. greenspan wrestled inflation under control. powell is kind of backed into a corner right now, but remember there is a long history of fed chairs that have absolutely controlled rates and inflation better than today.
yeah i was just trying to make the point that regardless of if they think this current spending bill its still better than the kinda amounts the us has spent on way more useless things
republicans have been given plenty of time to read the bill. this is just grandstanding nonsense. he wouldn’t read that bill if it was just him that bill and a cup of water in a cell for 24 hours a day for years. he would sooner read the water.
i think that it’s kinda naive to think of congress as thoughtful when one side is trying to deliberately make the us default on its debts and send us into “financial armageddon” and the other is trying to give people healthcare and fight the immanent destruction of our planet. there’s not much time for nuance when you’re already compromising with crazy.
and that is why they are scared
but i love pork. pork sausage...pork chops...all good.
god forbid we simplify anything or have any expectations of our elected leaders. side note...know what else isn’t clifford the big red dog? the us constitution. which can be read and understood by anyone who can read english. in one sitting no less.
an election. let us not forget that fact. the republicans planted a lifetime supreme court justice during an election. after blocking obama's nomination of a bipartisan agreed to merrick garland for months prior to elections. republicans are hypocrites. plain and simple.
it's thisgusting how it warps the people obsessed with it.
which makes it easier for these crooks to do this crap because no one bothers to pay attention which normalizes zero accountability until something is close to breaking.well...i think we are close to the cliff
not sure if you’re being intentionally thishonest here but that poll focuses exclusively on swing thistricts, not national polling.
actually i’ve left the us for good, can’t help watching as they screw up more and more. actually you are correct obama did a very good job with the economy, if you look at the chart the deficit decreased every year of his term. starting in 2016…. it’s back on the rise and 2020 is a write off. i would have just like to see in my lifetime a concerted effort to improve the financial outlook for the coming generations rather then putting them under a pile of debt. thank you for the talk and time, it’s been enjoyable. bed time for me here
i just listened to a great podcast episode that breaks down the identity politics surrounding both camps. the ultimate conclusion is that americans value their identity and association with a certain group over the policies an individual supports. the problem being that the gop engages in these identity politics at a way higher rate than democrats. this is largely attributed to the homogeneous republican party vs the more diverse democratic party.
if they actually understand blockchain, that means they probably understand other technologies at least at a rudimentary level, and that means the world probably would have been a much better place right now.
wtf are you going on about now? who said anything about a magic bullet? jeez dude, get off the internet and take a walk in nature or something. you need to unwind yourself. i commented on a joke and you go off the rails. lmao.
as a ethereum “bro” i do believe eth will have a positive impact on our global society. is it a magic bullet? no, it’s part of the solution. ethereum solves two problems so far. distributed computer systems and finance systems. i build modern computer architecture for businesses, with about 10 years experience. so, i’m well aware of our current architectural problems. redundancy and cost are a complete nightmare. also, our financial system is in a death spiral. we are printing unlimited sums of money as a last ditch effort to keep this failing system afloat. eth offers a life’s raft in this senerio. is ethereum perfect? no, a lot of work still needs to be done. i’m here to create a better world, not just to make a quick buck.
ok. i bet if it was reversed parties you wouldn’t be saying that
yea pretty sure the average politician in congress sucks at golf given the average age is old af.
i dont think germany had 2%-3% inflation. theres a reason they called hyper-inflation.
when did having 2-3% annual inflation go badly for germany?
they had an inflation of 100% per day, not 2% per year
they want to kyc the blockchain itself don’t they? so that every transaction reveals all your kyc info? or did i read that wrong. they aren’t shutting crypto down, but are in a sense trying to make it so ineffective or undesired or to use that people stop using it. the restrictions are unrealistic to implement as well.
not sure anybody really knows what’s in this bill, like he said it’s 2 thousand pages. it wouldn’t surprise me if they snuck something in about crypto, being the snakes they are.
op literally told you to check it out in the title.
this is a major topic in america right now, educate yourself instead of complaining the 41 second clip doesn’t directly mention crypto it is still very important to the crypto space if this gets passed
good point. i guess i’m biased since i’ve been following this and i already knew what the video was about i’ll admit i’m even more right wing, but from your perspective i wish op used a different title. concerns about inflation isn’t a r or d issue, nobody fucking likes it
that is quite true, sometimes people assume to many people know i guess.
and sadly the screeching gets a lot more attention than adults talking...
yes of course. "virtually nobody" would've been better wording seeing as that money will never, ever trickle down and we have hundreds of studies to show that.
how? if you divide . where did that money go? now that money will theoretically supposed to be repaid through taxes (on top of what one already pays in taxes). in reality it will be inflated away as the purchasing value of usd falls.
laffer curve. decreased taxes leads to increased investments which leads to more tax revenue.
it’s always “reckless spending” when democrats want something, and “good fiscal policy” when republicans do. what specifically in the bill do you not agree with? muh, “number too big!” is not an argument.
the debt ceiling is a deliberate fabrication installed as a tool for political stunts. it isn’t actually tied to anything real.
makes sense, i also do not understand why so many people in the comments are getting mad over this. i'm not american, but am i right in assuming that defense is in a separate bill? i expected a bigger amount tbh
i do not care how beneficial it is to you, or me. i could lower insurance premiums by running over the thisabled and elderly. >talking about "making investments in the country's future" like you are not just receiving the profits from other people's **involuntary** investment. you're justifying taxes with usage of public infrastructure, yet the tax you're supporting is not remotely proportional to usage of public infrastructure. it's like if i charged you more for your coffee every time you got a raise.
ok, how about this. your family votes on funding a new car for your newly licensed brother. they all vote yes so whatever you think does not really matter lol. you're technically allowed to use it but live in a different state. the cost is shared in the family too, but since your teenage brother does not work, your mom is part time, and your new engineering job had a sign on bonus, you're actually paying for 50% of the vehicle despite making only 45% of the family income. is this fair to you?
if you think a tax write off is equal to public funding then you're actually the one stealing if you refuse to give a mugger your money.
maybe i should listen less to ron paul and more to you
yeah but based on his other points, he would probably agree that wars in the middle east was a monumental waste of money.
like what? what pork is in the bill?
and corp tax hikes passed down to the consumer who is not the 1% (gooberment) or the rich.
it would make our corp tax rate higher than china’s. if the business’s leave, there’s nothing to tax and no jobs.
corporate tax hikes just get passed to the consumers. they would not pay more but you will.
this provides a more accurate outlook than a randomized national poll.
don't come back! seriously, people died for you in this country! they died for us all to have the not perfect freedoms we have today! and if a little political fighting is what made you leave this country, goodbye and you gave up your right to complain about my country and its millions and millions, of crazy, but loyal citizens!
i buy that. “cruelty is the point” by adam serwer touches on this a bit too. one reason you can’t get the staunch gop voters to care about policy is they not only identify with that group extra hard, but also, they are mostly after “fuck the other guys”. this explains both why they don’t really care about policy and why “dying to own the libs” corona virus responses are possible. they literally are part of that group specifically to own the libs. so in many cases, a small chance of dying is worth it. at least until they realize how much it sucks to have your lungs chewed up from the inside.
exactly! media trying to make blockchain technology bad, nor do they talk about our smart contracts
sure, you can think ethereum is better for the world. but investing in ethereum because you think it is "good" is not the same as being a public school teacher or a community organizer. those people are actually "here to build a better world. a white collar computer networking guy for business who invests in ethereum is hardly "here building a better world."
the issues with the bill are a different argument and i agree its going to be a pain in the ass for a bit and we have a fight on our hands to change things. what it does not do is "shut down" or "make crypto illegal". thats what i was arguing. in all likelihood the bill will change over the next year or so before it becomes law. worst case scenario imo is bill doesnt change at all. they try and say every eth (and others) validator or w. stakers all move to switzerland or whatever, maybe a few court cases, gov realizes they just cut off all those sweet tax dollars by shooting all their fat fuck little pig toes off and cry and whine as they change the laws to be positive foster crypto
the title says "check it out" because republicans are saying it is so long as to not be realistically readable. can't have it both ways, bud.
bully for america, like i said, context is key, this sub is global.
that seems to be the key thistinction between people on this post at the mo, its not something i've been following so to me it just looks like a grumpy politician flailing a bundle of paper about.
sounds like some libertarian nonsense.
friendly reminder that the last president to take the debt down to 0 was a democrat, despite the fact that people for the last 30 years have always said that republicans are best for the economy. > i wonder how many people genuinely think that the war in the middle east was good economic policy
yes it is an argument, . i don’t like big spending by either party. oh by the way, the irs will get record of every transaction in your bank accounts over . you like that? so when you pay two months of your lot rent, they’ll be notified. there is plenty in that socialist bill that is garbage. i know you like your handout king ebt, but buy your own shit.
yes, defense is a separate bill. the national defense authorization act actually has some [pro crypto]( aspects
are you a 'taxation is slavery' type of person? yeah, i am done here
you’re so close to getting it at the end lmao
congradulations. that's literally the dumbest comment i've read today. just because the recipient of the new car isnt employed today does not mean he also wont be tomorrow. the whole point in investing in our country is so that we can have a better future for everyone. news flash. corporations owning everything actually means less freedom for the bottom 99%
i’m tired of dealing with people like you. have a good night!
a more accurate outlook for those specific thistricts…sure. extrapolating those thistrict polls so you can ignore national polling is just a thishonest way to work backwards from your conclusion.
they used to say america love it or leave it, i left it… and will never return. one day of you ever leave your state you may find out that the rest of the world is passing you buy while you chant usa, usa…
it’s not the complaining…. i enjoy the tropical beach outside my front door and freedoms of living elsewhere. not to worry, i have zero plans to return, i left shortly after 2005 and have not returned once! take your snotty attitude and stop pretending you give a shit about the people who died for your freedoms…. i left because i could see the writing was on the wall after 9. the america i knew died long ago. as for freedoms, they’re also gone. where i am right now is more free and not full of sheep
eth is a permission-less machine where the future of free speech, free elections, free financial systems etc will live. maybe i’m not a school teacher but i can still do my part. a free society requires open communication, where user data can be private. we need both kinds of people in this world. one is not contributing more then any other.
it’s not ops fault you’re ignorant on the matter. i’m from the uk and know that this bill has a wider global effect on our community. as much as we don’t like to admit it, what happens in the us regarding regulation will ripple across the globe. pun not intended
yea he took the emotional route for sure with the argument too. he could’ve at least tried to be funny i don’t like the fact he was blaming it all on democrats either. don’t act like republicans haven’t tried to push irresponsible spending either.
uh... it is taught in every reputed economics curriculum
> despite the fact that people for the last 30 years have always said that republicans are best for the economy. republicans usually say this, i do not know anyone else who does.
there is good spending. there is bad spending. this is much better spending than giving . it is impossible for every person to justify everything in it, especially the irs monitoring you mentioned, but money for social safety net programs is better spending than money to subsidize already successful businesses.
stop putting words in my mouth. i said that if you're going to justify taxes with my usage of public infrastructure then tax me proportional to my usage of public infrastructure and not my wealth.
answer my question, is it fair or not? does his chance of getting a job change the fact that you just got forced to pay for something you do not use, on the basis that you could use it?
>a more accurate outlook for those specific thistricts those thistricts are about 50-50 split between republicans and democrats, hence why they were polled.
if i leave my state i'm still in america which proves you are just a foreign troll...
good riddance! fucking russian troll
my grandfather died for you you ungrateful traitor!
wrong. someone building computer networks for business is absolutely building a different world than what a teacher is. all societies need teachers. not all societies need businesses. there's a reason why you probably get twice or 3 or 4 times more salary than a teacher. and there is a reason why a star athlete makes millions.
people who do not follow politics at all but still feel entitled to an opinion say it often
buddy, how is answering a hypothetical question that is not at all representative of reality nor comparable to the infrastructure bill going to help your argument? jesus christ, leave those tactics to ben shabibo theres a reason why no one takes him seriously.
which has nothing to do with my original claim. more americans support this bill than oppose it. that was my original claim, which you said was debunked by a few thistrict polls.
hey idiot, it inference is, you’ve never left your state let alone the country
chinese is more like it
so he died so i can be free and i’m free. just because i don’t want to live the way you do doesn’t make me a ungrateful or a traitor… i just choose to leave a sinking boat
whatever dude, get off your high horse and stop harassing the people trying to make progress in this world.
so no, it is not fair. thanks for answering.
nah, more americans oppose it. there's lots of biast polling that says americans support it by cherry picking their audience. this way we know it is legit.
enjoy motherland russia ya commie
vague and oversimplified generalization about banks and fiat. yep, this is a crypto sub.
whoever writes this stuff has no idea how economics work and likely never will if he keeps blaming imaginary bogeymen for all his problems.
or, shows a complete misunderstanding of the concept of scarcity.
this is hogwash and shows a lack of understanding of basic economics.
the op account reeks of fish
woah. that is just plain retard.
i'm an idiot who loses his money on magic internet coins, but i can proudly say i'm not one of those people who pretend to know how the world works by boiling everything down to rich=bad.
once i finally understood how horrifying inflation truly is, i became obsessed with storing wealth
one of the dumbest pictures i’ve ever seen
the rat race is real and like fuck we can do anything but invest and hope
it’s nobodies fault but our own. we see this and put up with it for years. we finally have the crypto space right in front of our eyes. we need to adopt it massively and take control of our finances.!!!!!!!!
governments bring markets & means of mediating ( currency)in it , into existence. the standard economics narrative of money emerging emerging out of need to do without double coincidence of wants, is hogwash and has been known to be so for decades now. yet the bunk story keeps getting pushed around, including in the crypto community. now, more money creation helps crypto because they way the new money is brought into existence & thistributed favours all the standard as well as new asset classes. asset valuations will rise across the board. inadvertently, it keeps inflation of 'essentials' low.
maybe you should go back to school and learn about how economics work.
this sub is so incredibly stupid and lacks basic economical knowledge
ah yes, let us just have banks put millions of dollars in everyone's bank accounts with a few keystrokes and let us all just enjoy life and stop providing value!
that's a horrible perspective. i swear, this new generation sure does not like to work. you realize that the crypto market relies on people that work 9 to 5?
essentially the main problem is that most of people do not know what's good money and what's bad money.
some of you need to learn about economics
so where do i get my free crypto?
laughs in endemic 50% yearly inflation.
let’s not get ahead of ourselves.
it is not just theft ! it is slavery refined !
once you realize the media does the same thing to divide the people then you’ll be woke. it’s the elite versus the people. trump was trying to wake everyone up to the fake news media all along.
you my friend get it. fuck the system.
taxation is real theft my dudes
and that my friends is why i bought my polygon which im only selling for bitcoin. never going back to fiat ! just keep enough cash for liquidity and thats it.
why govt tax on us if they can print infinite
yes taxes is the biggest immoral theft job on humanity...
i think the metaphor is a bit exaggerate but i do agree that there’s a root problem.
ever seen? it's been the case since your ancestors were able to pronounce names.
sounds like a rugpull
this place is turning into tiktok
i agree with this post by 1 billion squared
the answer to everything is not just print more money. the more money you print, the less the money is worth, which leads to higher prices and inflation. why do you think prices of everything are up 20 - 40% since biden took office but hey, let us just print endless money, right?
crypto sure has an advantage when it comes to this. but you cannot deny the current currency system while sitting on the toilet watching the price graph. crypto has so much potential, but most of the investors only care about the price. so sad.
theft? more like slavery.
yeah, it would be way better to get paid in stable beautiful ethereum and have your saving change +/-10% everyday. or have your savings tied to gold a precious metal that also has massive speculation and not a ton of uses at its current price point.
40 years those are rookie numbers!!
or what about when i buy etherum and the shit dips , that is theft and the mfker keeps dipping like a fat man in a mexican family taking up all the dipping salsa
money inflation - stealing of lives.
you need to changes your meds !
i’m afraid big financial has gotten to involved now. but, carry on and maybe we’ll make it to the moon 🌚 on our toilet seats fellow ethernauts!
wtf does this have to do with eth?
if you did not have fiat, investments, or even a economy, you be hunting and gathering. forever. no retirement.
we should have access to printing fiat 😈
hm, so... no one telling you to work a rat job you hate for 40 years-you could work harder and actually make it in something you like. but i presume it is not about that but better to sit on your ass and get something for nothing? 500 years ago you'd be working for survival not money lol count yourself lucky and go clean your room.
don’t worry everyone, rich economist guy said it’s good for the government to steal my money every year via dilution of the money supply, after already taking over 1-zealous taxes. why, you ask? well because it forces me to give all my money back to the people who gave it to me, in order to not be punished by the built-in declining buying power 👍 remember guys we have to force the poor to spend their money because if they actually have a chance to save it they might gain financial independence and not be forced to work shitty jobs for garbage pay. letting a poor person save up a few extra grand for a rainy day fund would just destroy the economy
add to that the fact that food industry in developed countries is essentially a crime against humanity - a shithole all around
inflation is only theft when wages don’t rise with inflation. which is currently what’s happening so this post is half right. inflation is still necessary for the rich to be incentivized to invest rather than stockpile however.
this is ass backwards. the very reason fiat has value is because governments demand it as taxation. i can pay a lemonade vendor in greenbacks because they can turn around and use those dollars to satisfy their tax burdens. thus, your money only has value at all *because* of actions of the government. thus, the government printing money is not in any way depriving you of anything, since it is precisely *because* of the government that you have money at all. the purpose of taxation, by the way, is to literally destroy money. taxation removes money from circulation, while "printing" it puts it into circulation. with these two mechanisms, the state manages the level of inflation at the desired level, depending on macroeconomic factors.
get back to me when our fiat currency based system crashes in oh say three or four months. 😉
i play hot potato with fiat.
i'm glad all the top posts are pointing out how retarded this is. though the upvotes are still thisappointing
more like modern day slavery
in comes the holy crypto 🙏🏽
agree. which is why a support mmt
we live in society...
absolutely true! ron paul said it best to the republicans and they actually let him speak one time he said that people in the united states that had worked hard for 40 years scrimped and saved took brown bag lunches and walk to work saved enough money to retire and live the rest of their lives. but because the government keeps borrowing money and inflating it the money they should have been able to live on is inflated now and not enough so they’re going back to work after retirement as a walmart greeter or at a hardware store to make ends meet. in short he said the united states government by creating the fiat currency has stolen the wealth of the people that made this country great by saving and investing as they were told by their government. he was 100% right that’s the first time i’ve ever seen the whole stage go silent ! crypto does offer a unique opportunity for people, i don’t think the government likes it. remember they think it’s their money and they’re letting you keep some of it
posts like this are why crypto people will forever be like the weird libertarian uncle at family gatherings. boohoo, did someone have to work for their food today?
do not steal from your neighbor
read creature from jekyll island.
that's actually not just accurate but also a description of past incidents
pretty sure any genocide would beat it for title of the largest injustice but qe is theft.
this is such an idiotic post... of having thousands of upvotes thisappoints me a lot
fiat is not like that. it gets printed under strict protocols and after extensive considerations. i like crypto every day the more, but i really thislike this baseless propaganda.
r crypto news (new community) join!
how do you control or regulate economic inflation with crypto
and to think it’s designed that way. targeted inflation. the older you get the more you realize we are all frogs in boiling water. when you were young well that’s just the price of things.
that’s why i’m all tied up in yap
true situationism. ne travaille jamais. but with a neoliberal twist: get rich anyway.
so few ppl understand this...shame...
40 years! right i’m going on 45 now with no end in sight.
that's called capitalism lmao
banks have been stealing from the poor and giving to the rich :(
true. rat race is all about exchanging 40 years of time and even health for money. crypto is about checking prices in the toilet, and then emerging a millionaire after hodling for 5 years.
yeah, these kind of posts keep getting more deluded by the minute... never got on board with the "crypto will abolish fiat and the banking system" utopian dream. plain unworldly thinking imo
pretty much. i'm down with crypto but the same stupid points come up in all these subs over and over again.
does op actually think that any currency that allows for anyone to instantly mint any amount like this was testnet can actually function? wtf.
i wish these crypto subs would ban these nonsense post. i live crypto but browsing crypto subreddit is a drain.
lol, fuck banks my dude.
not at all. it's 100% truth.
people love crypto because the moat to the cantillon effect is low cost mining hardware, change my view.
this is not about crypto. it is about the underlying technology: blockchain. read about the space in more detail. the applications of the technology can and will impact our world for the better.
lol. yep. tbf i think everyone missed he point. there is just no choice but to print. the wealthiest are hoarding cash, the poorest people are not the people alive but rather the people yet to be born. so if you do not print then future generation are screwed, it is just human nature to hoard for personal security. for everyone saying to get a job, lol look how it works for millennial. you have all time productivity because of efficiency but you do not have more worker but rather less workers. there is a saturation some where in there.
go on, explain how central banks are not a ponzi scheme.
i think he makes perfect sense... it’s true too; also your right, this is a crypto sub...
mostly with you. how would we have managed the covid crisis with a fixed money supply that people are dreaming of? on the other hand there is also truth to the fact the people work their whole life for compensations that has lost value over decades now. it predates the money printer meme by a long shot.
it absolutely is bullshit that the fed can print trillions of dollars to keep wall street afloat but basic healthcare is "too expensive." don't need an econ degree to know that the usa is capable of doing at least what other modern countries can do.
nothing is imaginary here.
so you’re saying working your entire life to make a buck until you’re too old to enjoy or do anything or drop dead is fine? what good is it to have a bunch of money when you’re old?
most of nation flow of institutions development comes from centralisation of bank with ticker tax . it would in a near future like that , the tax from crypto transition for any exchange of thing , would go to developments of institutions.
welcome to reddit. no idea about how economics or real life works. some unironically think people working "9-5" are stupid npc slaves.
fiat is debt based. that’s why it works as described here.
not in my serious and thought provoking meme sub.
hog wash?! when the dollar was backed by gold and silver the dollar would appreciate over the course of those 40+ years which means the ... the , so you are working today to offset the government’s irresponsibility over the last few years... that’s basic economics!
what is "basic economics" really?
you said it before i could.
you do not need complex vocab to understand basic econ. this guy is right. why should people work all their fucking lives for money? by the time one has enough money, he is probably too old to enjoy that. and, of time also equals to money. so, let us at age 60, you have 1000000 points (any currency) in your account, but if you spent 8 hours a day for 30 years to achieve this, it would be counted as a very huge additional expense, it quantified. assume life expectancy, is 78, so one has to live 18 more years which they would not be able to "enjoy" probably due to medical reasons. last but, certainly not the least, increase in healthcare expenses with age. if all this makes sense, then why crypto does not makes sense to crony capitalists like buffet? their argument is, 'crypto is currency for kidnappers and criminals', state any world currency which is not used for criminal activities. does that mean everyone should just give fiat money? no, right? criminals will find their way anyways, it is not that crypto currency has invented kidnappers lol
8 posts in ethtrader today already, i think it’s a bot.
i became obsessed with buying shitcoins is hopes of acquiring wealth, but eth showed me the way.
reasonable (1-2%) inflation is awesome, and anyone who thinks otherwise does not understand basic macroeconomics. the economy would be massively worse if currencies were deflationary, and moderately worse if the value of a currency was stagnant.
i became obsessed with crypto and defi.
heard a person , saying the stock market & the things are now over priced , the govs are giving debts with low interests , printing cash of years with no back & everything is booming . you all know , what a person was talking about !
haply thee shouldst wend back to school and learneth about how economics worketh *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i thisagree. look up brazilian inflation during 80s.
need to factor in cost of living mate
yeah, when we have to work 100x longer to pay for a college education and have to work double the hours per week to give our families half of the support that the boomer generation got, right we just *hate* working my grandfather had a 5 kids, a house, a car, and a full retirement at 65, on a modest career and a wife who stayed home and took care of the kids. you think thats common for the millennial generation? lmao i know people who both parents have jobs and they still have to rent an apartment because they can’t afford to raise 2 kids and save up for a down payment on a house. i know couples who literally won’t have kids because the financial strain would put them in precarious situations. our generation got massively fucked over and stolen from by the older generation so don’t give me this “they don’t like to work” bullshit they set up social security and made everyone else support them and now look, there isn’t nearly enough money in the fund, and they’re talking about raising the retirement age just to keep it propped up for a bit longer old lazy leeches were handed the greatest economy in the history of the world, squandered it with greed, then stole an entire generations wealth, and then has the nerve to claim the people literally propping up their retirement by working every day are lazy. the boomer generation was the worst generation to ever happen to america not to mention the finance laws (or lack thereof rather) put in place before my generation was even adults have fucked us deep for a long time to come, so thanks for that as well boomers
i think , i am one of folk , from curiosity,plz i want to know , what is good money & bad money.
trump was mostly active profile on media , he was a good orator but that’s not enough .
only when the tax money is used for shit.
he wrote on his smart phone which millions of people had worked on to provide him. he sure did not want to give anything in return for their "slavery", because that he said would be slavery.
if 't be true thee did not has't fiat, investments, 'r coequal a economy, thee beest hunting and gathering. still. nay retirement *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
my crypto prices are in the toilet. does that count?
you have a part of this wrong, the people that come out millionaire's are the ones that purchase when its in the toilet. can confirm, from experience... sob
i literarly just did that five minutes ago. well, the toilet part not a millionaire part :d
>crypto is about checking prices in the toilet, and then emerging a millionaire after hodling for 5 years. 5 years of reddit toilet sessions is what makes you rich eventually.
i give a shit about my crypto!
you forget what crypto currency is really about then. it's about freedom from all central authority.
crypto’s very interesting, but it’s already heading toward being subsumed into the current system. there’s near zero chance it could abolish it. that doesn’t mean it doesn’t have value, or isn’t worthy of consideration.
the same idiots who post these memes also cream themselves when their favourite crypto is used by visa to process fiat payments
crypto is not all roses and pretty smells lmao, we're not talking utopia we're talking tech progress. dematerializing currency is inevitable. it's not an if, it is a when.
it's actually true though, finance is just about access to capital. it does not really require special skills or labor, and that is being proven rapidly.
this stopped being a trading sub 3 years ago. the sub can be summarised as a hive mind of rebellious teenagers who wouldn’t spare 30 minutes of effort to read up what they are talking about.
when the markets are showing green, it is lambo talk all day, and "to the moon." when things are in the red, it is all doom and gloom.
do you not understand basic principals of economics and controlling inflation??
wait i can i print money to pay taxes
about the healthcare stuff: i live in a third world country with full access to healthcare. it is not as good as the british system but at least if we get cancer, there is no need to begin selling meth to get a treatment. ambulances are free, etc. usa healthcare system is fucked up. ps: i consider myself a right wing person. about printing money: every country does it.
>it absolutely is bullshit that the fed can print trillions of dollars to keep wall street afloat but basic healthcare is "too expensive." i completely agree with you, but something makes me thing the person tweeting this thinks we should not "print" money to finance anything, including basic healthcare.
you realize the fed does not deal with healthcare right? blame voters who love 'free market healthcare' with insurance companies. plenty of governments with fiat currency have free universal healthcare now. it has nothing to do with the fed or our system. it has to do with the idiots people vote in.
that's not how it works. making up a random number of bills is not in any way directly replaceable with doctors. i'm not saying some countries should not afford health care, i'm just saying that the economic system is a bit more complex. you cannot make up numbers and get a hard working human back. printing money increases money supply, but not resources, it is just a matter of controlling the resources in a manageable way. that way i can trade 1. if everyone had a bazillion dollars. the doctor would cost 10 bazillion dollars. i understand the frustration that health care can not be provided to everyone in e.g usa, but that is an entirely separate issue from money printing. also, to the title of this thread. you do not give away 40+ hours a week for fiat. or we'll, technically you do, but what do you get back? computers, health care, smartphones, food, housing, vacation trips to the other side of the world, electricity, clean water. all of these things someone is working 40+ hours to provide. just like you work 40+ hours to provide one of these necessites. fiat, or for that matter, anything of value is in the end a trade of resources. what do you think would happen if noone worked 40+ hours? food on the table? all inventions and luxuries that allow to provide food, housing, heat, air conditioning, your car? where would these come from? it wouldnt come from a bitcoin mine, that is for sure.
same thing with climate change. oh, no, we can’t possibly reduce our carbon emissions, that would be too expensive! just print the fucking money and be done with it...
you need to learn what the fed is and what it does. the liquidity injections the fed offers banks are nothing more than repo markets, so banks can trade assets on their books like bonds for capital when they need it. the fed collects interest on all these repo operations. this is hardly "propping" anyone up.
that is a us problem tho. other countries, even some third worlds ones like another poster has explained very well, have already solved this.
regardless of the ‘working 40 years hoping to have enough to enjoy retirement part’, you can’t just print trillions of dollars and give everyone a few million bucks and call it good.
you'll need the proceeds of those forty years of labor. that way you will be able to take whatever you've saved up during those 40 years then add a reverse mortgage to your house. with luck that will leave you enough money for the medical care and not put your children in too much debt. oh, wait
unless you were born rich, you either gotta work for someone or you gotta work for yourself. either way you're gonna waste 40 years of your life working. one day you might have a good paying job or become a sucessfull enterpreneur, invest your money right and become financially independent. then you would not need to work anymore and will be able to enjoy life. but untill there you gotta work anyway. for you or for companies.
sorry but thats not quite how it works on the long run. when the dollar was backed by gold, as we all know, that caused another problem - what happens when everyone wants to exchange their dollars for the commodity backing that dollar. oops, we don’t have enough gold to hand out. or, another way to look at it, if it is backed by something then we cant expand the supply of dollars until we have said commodity to ‘back’ it up. we call that a run on the banks. another problem. it causes people to hold currency which isn’t exactly what you want people to do… with a currency… because it limits economic expansion. so, you need currency to exchange hands quickly, efficiently, and effectively. also why would someone want to hold currency as an asset when they can just trade that currency for the actual commodity, shares of companies, and so on. a currency is meant to be used as a means for exchange, not as a long term asset. while inflation does happen, inflation isn’t really the problem per se. inflation is a symptom but not the cause. the issue is when prices increase at rates that outpace income. so, if i hold a dollar for x number of periods and prices go up, then my dollar becomes less valuable at period x. sure if the dollar was backed by gold, maybe the value of the dollar stays on pace with price increases, but then were holding cash and not spending it. spending cash is important for economic expansion. how do businesses grow and hire more people. by spending cash. the more jobs available the better it is for people. if we are talking about profits then businesses will just increase prices to match the “value” of a dollar. if people don’t buy things because they wait for prices to drop, then businesses go put of business. no jobs equals no income. if we look at inflation as being caused by the “printing” of more dollars when not backed by a commodity then we need to examine why we do it. we do it to make money available for investment. its all about supply and demand. if money supply is constrained by people holding cash and not spending it then we don’t have economic expansion. its that simple.
it’s not wanting something for nothing to expect your government to protect your currency by not constantly devaluing it... that’s just good cooperation between government and citizens. we don’t have that, we have forced compliance and abusive waste and spend by government, and citizens who work hard only to see the dollars they worked hard for years ago worthless today. investing money shouldn’t be a way to hedge against government working against us, but in reality it is... investing on top of career should be the opportunity for everyone to get ahead and do better than their parents and set up their children for even greater success. but the system today is based on work hard to end up with little... that’s shameful, and all it would require is the government valuing its citizens and constituting fiscal appreciation instead of printing its cover up of corruption.
it's a book by thomas sowell. i highly recommend reading it.
ok, the world consists of majority of people owning crypto only. crypto increases in value every year so that everyone holding can survive. everyone starts to notice. the farmer, the fisherman, the doctor, everyone. question: where do you get your beef, wheat, fish and health care from? crytpo or not, people need to work. scenario1: work 8 hours a day. get food, health care housing and lots more such as tv, car, smart phone, a nice garden, a bbq and education for your children. scenario2: noone works and therefore none of the necessities or luxuries above are provided. you die at 43 from a simple infection while your family starves (you used to hunt and farm 6 hours a day) in the leaking house without heating that you had to build yourself (you built on this house 6 hours a day) now you worked 12 hours a day, you are dead and your family will die too. congratulations 👍 fuck capitalism
buying shitcoins is basically gambling, sure you can make some money, but you're more likely to get greedy and lose it
i am obsessed with technology in crypto .
be careful man. you sound like you're investing with full emotions and frustration. that's a bad combination in any investment. good luck to you.
there's no good or bad money, the phrase is meaningless and intended to impress.
we all have been there. it takes patience and good policies. hang in there!
congrats you’re almost a millionaire!!
i see, maybe that’s the secret!
yea but crypto is 100% more accessible and more has a higher rate of revenue for people with special skills in scripting, developing, deploying nodes, servers etc. bounties as high as 20000. platform cex's are entry level or platforms for traders who never wish to develop the skills and offers
i look at it like this i spend 25 a week on crypto it’s 25 less i waste on beer weed and hookers if i lose it i was going to anyway if it pans out i’m a legend less the hooker part don’t think the wife would like that
yup yea healthcare is fucked. simple reason why. greed and capitalism
> about printing money: > > every country does it. most poorer countries actually borrow money from richer countries. not every country can just "print money". fiat currency is supposed to be backed by gold or other assets. the usa only gets away with it because no one will try and start a war with them over it.
and the money mule thing. the fed is also claiming rights to your assets by making laws that require you to have insurance to drive to work while also requiring you to work to pay your taxes on property and then taxing what your make so that you can still own what you bought otherwise their revenue service claims rights to that...very false sense. they have your make your own cake and they eat it. then they can fuck your wife while your at work making as they use your body as their personal money printer.
i think what they’re saying is that their prioritization framework for printing money is based on the health of wall street rather than the actual health of our people.
what if my only options are idiots?
honestly, no. worker productivity has risen nonstop since the 70s while wages remain stagnant and work hours remain the same. we're getting absolutely fucking fleeced to make people like bezos even more wealthy. > what do you think would happen if noone worked 40+ hours? food on the table? all inventions and luxuries that allow to provide food, housing, heat, air conditioning, your car? where would these come from? i mean, have you seen white collar work? you're honestly telling me people put in 40 hours a week of *actual work*? because at least half of my office hours are spent shit posting and i've worked much harder for much less money as a cook. could easily double the wages and > if everyone had a bazillion dollars. the doctor would cost 10 bazillion dollars. i understand the frustration that health care can not be provided to everyone in e.g usa, but that is an entirely separate issue from money printing. but it is not, at the end of the day. it is a policy decision to make sure the wealthy remain whole at the expense of everyone else.
that's not how it works fam you've got understand some principles guiding money printing
please go learn economics 101.
in this case , the supply would increase & demand will decrease, result inflation.
yeah that is why the fed balance sheet has ballooned up and up. you know they are buying corporate bonds right?
obviously but people deserve a better life don’t you think? better pay, benefits, more vacation time. live a life of leisure while working. working to live not living to work. if you can’t agree with that then you are brainwashed imo.
you've got a point.
i think we will likely see the rise of the "millenial retirement" in about 30 years. (aka suicide to avoid crippling medical bills putting your family forever in debt)
you are an idiot and completely missed the point. and you seem to thisregard people having savings because you do not want anyone to "hold" money. sheer stupidity from you sir.
you still make no sense! you can’t regulate what people do with their money, that has no economic basis, that’s about market and innovation... that promotes spending, not devaluing! to manipulate currency in order to encourage spending or exchange is not right! in other words “spend it now while it’s still worth something”?! inflation is a symptom of currency control instead of currency value. simple test... if you were to have made ,000 dollars last year in 2020, and saved ,000 of it, that 10,000 would be worth the equivalent of about ,500 this year. in other words you didn’t save money you lost it. us monetary system isn’t designed to improve the lives of the citizens and workers, it’s designed to be manipulated by the government and power brokers. that’s why they can’t have it backed by a finite intrinsic value, because those can’t be inflated and deflated to meet a political agenda.
the number of people who think (money supply = inflation) is mind boggling.
>the more jobs available the better this would not help with consumption if those are not medium- high paying jobs and businesses will make sure to pay as less as possible because they aim to be in profit at expense of their employees lives. let's say, a person is working a minimum wage job, will he even have luxury to consume anything other than basic necessities? so, businesses can most probably go out of business due to their own poor decisions of underpaying their employees.
> when the dollar was backed by gold, as we all know, that caused another problem - what happens when everyone wants to exchange their dollars for the commodity backing that dollar. oops, we don’t have enough gold to hand out. that is only a problem when a bank is lending out more money than they had gold in reserve. that is not a problem inherit with gold-backed money, that is a problem with bankers lending money that is backed by nothing, which still exists today. the difference is money is printed instead, robbing everyone that holds it of its value by a tiny fraction, which adds up over time. > or, another way to look at it, if it is backed by something then we cant expand the supply of dollars until we have said commodity to ‘back’ it up. yeah it slows growth when you cannot just print money from nothing and lend it out, shocking i know. i'd rather take slower growth instead of this current system where every country saddles themselves with incomprehensible amounts of debt that will have to be paid by future generations to come. > another problem. it causes people to hold currency which isn’t exactly what you want people to do… with a currency… because it limits economic expansion. i'd rather people have security in their finances at the cost of economic expansion. the average person should not be forced to invest to build wealth, money saved should hold its value. as it is today we get everyone leveraging themselves as much as possible, living pay check to pay check to afford a home. talk about limiting economic expansion, how can anyone start a business when they have to borrow a lifetime worth of money to afford a home just to survive and have some stability. economic expansion is a shitty metric, it ignores the cost of most people's quality-of-life.
micro? a country with (at the time) 130million ppl, which (at the time) was around the top 20 biggest economies in the world did not fall on hyper inflation due to micro occurrences. one cause (of many) of that inflation was exactly this thought that we must have credit no matter what. the thought that credit creates growth and growth creates jobs. what they did not expect was that those jobs would have their purchase power halved in 3 months. a decade of 15% inflation per month led to 5 months of 80% inflation in 1990. so instead of fixing underlying problems in the economy(like opening a closed market to free international trade , creating long term infrastructure plans, laws limiting printing money etc) they wanted to fix it by printing money to create credit. sound similar? o guess the dollar is a bit different because it is considered the currency for international trade and storage of wealth, and has the strongest military in the world backing it up, but still. inflation happens sooner or later almost naturally when the printer gets abused.
why because i have a clear understanding of what’s happening to my generation? my investments have done juuuust fine, better than fine actually.
there's a difference between collecting bug bounties (lay person cannot do) and making money for providing a loan via defi (lay person can easily do, just like putting money in a savings account, except you only get .01% interest for doing the latter)
crypto with its hive mind of of gullible investors is a lot more vulnerable to market manipulation. if anything right now crypto is a band wagon for billionaires to swindle money from the broke but hopeful by making their whale moves. lookup upper circuits and lower circuits on conventional stock exchanges. the crypto markets at this point are influenced by greed. what you are calling freedom, is mere greed which isn’t even going to be fulfilled.
damn that went 0-100 real quick lol. did i ever say i believe the current rate of inflation is good? no. but controlling inflation and deflation is essential in having a functioning economy. you seriously compared controlling the dollar supply to paying taxes??? edit: ah after seeing your post history you seem to be a media controlled government conspiracy theorist so i’ll just stop here.
without qe we would have had major deflation which is erroneously worse. maybe actually do research on money velocity and demand shock before acting like you have any clue what you're talking about.
there is not a single state currency in the world today still backed by gold. the value of the us dollar is a function of the the us' government's ability to collect taxes. dollars are useful only because i can use them to satisfy my tax burdens. i cannot use doge or sea shells or even the chinese renminbi to do this.
i saw a post from some redneck complaining about how fucked america was because kids were getting rich off of crypto and he was mad because they were not going to be working a.8 to 5 at walmart anymore and because of that their existence was going to be so bleak and ruined. i just lmfao at the idiot. because now they were no longer be slaves to a economy that is a slave to automotive industry that is a slave to a gas pump in the pocket of a corporate gas ceo in bed with a corporate wage slashing, price gouging retail market ceo. we definitely need to be mad about these people demanding higher wages for restaurant work too. sigh.
>worker productivity has risen nonstop since the 70s while wages remain stagnant and work hours remain the same. worker productivity does not go up proportionally across the population. productivity is up because sectors of the economy that are hyper-productive -- like software engineering -- are more ubiquitous now than at any point in human history. a single software engineer is probably thousands of times more effective than someone flipping burgers when talking about raw productivity.
> worker productivity has risen nonstop since the 70s while wages remain stagnant and work hours remain the same. [the graphs claiming that do not compare like with like.](
it’s pretty simple math really. you have to chose between doing nothing, and making the future generations pay for your mistakes, or pay yourself for a fraction of the price. but yeah, econ101…
it’s just another form of taxes
it shouldn’t be at someone else’s expense. the limit should be the amount of tax dollars collected. it should be illegal for government to spend more than they collect in taxes.
i think people should be paid for their contributions to either a company or society. someone who invents a life changing technology should make a life changing amount of money for it. a whopper flopper should not make life changing money for their contribution.
isn’t that what the us just did and keeps doing? half of the business shut down because no one needs to work with the amount of money being thrown at them by the current administration.
i think communications are too good and technology is moving too fast for that to be likely. demands will be made, things may or may not get turbulent. new economic systems will emerge. things will change one way or another, they simply are not sustainable in their present form. ai resource thistribution, advanced open source economies, omnipresent two way communication on many levels, automation and a number of other factors are going to shake things up in a major way
despite everything i said, i hope crypto will be worth one zillion dollars and the small amount i have will make me rich with no effort lol let's hope.
velocity of money is the key. the more economic activity every time the money changes hands. the problem with the current system is that the money goes to the top and stops doing productive work and slows way down in terms of transfer between individuals. once you wrap your mind around that you will have a better grasp of why fluidity of exchanges is important and how rethistribution plays a role in that. some inflation is desirable and similarly it is necessary to force the wealthy to put money back into the economy rather than horde it. without either, you get stagnation. in the future this may well look like some form of automation tax or thistributed share thispersal based on the equipment productivity. crypto will play an important role in that
i make no sense? i suggest you take some basic courses on economics, money and banking, and finance. it seems like you do not understand how the world works.
i will do you a favor and give you something for free. come back after you watch this educational video. [episode-1-money-and-inflation](
this is not even remotely correct. businesses pay according to what they can or need to pay given market conditions. if someone does not offer enough in wages, then they do not get employees. its really that simple. that's why certain professions that require certain skills pay more than ones that do not. supply and demand. so if people want to get paid more, they need to acquire skills where there is a low supply with a high demand. also, why apply this negative generalization that businesses 'want profit at expense of their employees lives.' while it may occur, i highly doubt that to be true to the level you can claim it as a generalization. people will quit, and go elsewhere if they are not happy with their job. if they do not that is their tradeoff and not the businesses fault. as far as consumption goes. consumption happens at all levels of income. and what requirement is there that everyone needs to live with 'luxuries' beyond basic necessities?
i personally do think the us needs to slow down their creation of usd asap. at the same time the usd is a global reserve currency and used all over the world for day to day transactions. our inflation issues will be absorbed much more easily than brazil's. we also hopefully would never allow that level of inflation. the world economy would implode first.
tell me you do not know anything about crypto without telling me you do not know anything about crypto.
you're not accounting for the fact that even if the fiat is not entirely backed by gold, poorer countries are still indebted to countries like the us which are the ones creating that inflation. poorer countries still owe that money they magic into circulation to richer countries. the value comes from somewhere. even if it is inflation.
okay but bezos is not 1000000000000x more productive than the warehouse worker. either way it does not matter because the burger flipper still deserves basic fucking healthcare.
lol yeah sure whatever, the us just cannot have healthcare i guess despite being the richest nation in the history of the world. can't even build basic infrastructure anymore because everything is just a grift for the rich.
it’s not that simple. if i print , the items i’m buying to solve the problems are going to be infinitely more expensive. so then to pay for them i need to print another , it would be a never ending cycle of more money chasing the same goods.
asking in curiosity ; can you plz elaborate what you want us to understand :)
then who’s gonna flop the whoppers? or dig the ditches for the mansions that only people who don’t flop whoppers are allowed to live in? who decides what is a “contribution”?
never said that edit: people who are working 40 hours no matter what deserve a living wage. no they won’t live lavishly like someone who created a new technology. but you can’t get the bare minimum with minimum wage anymore. regardless working your ass off day in and day out just so you can save a little bit of money hoping you don’t drop dead before or after is life crushing. everybody deserves to live a good life and enjoy it.
no most people don’t make enough to live without working multiple jobs...what money being thrown at them? the stimulus checks?
i’m with you on that!
i hope so and pray so too.
i’m pretty sure you and i will never agree when you approve of the governments handling of our economic system... i’m pretty sure we are both staunch capitalists, and i agree in the value of circulation, i just differ on who and how that circulation should be encouraged. i also believe that increased currency should be in direct relation to increased production, not to flood the economy to mask government overtaxation and waste
what i’m saying is that our current system of currency on its own doesn’t maintain its value bc of government carelessness... i have a 1963 half dollar that’s now worth ... intrinsic value of valued currency... i shouldn’t have to invest it for it to remain relevant!
ummmm... i’m not saying you are not quoting an economic philosophy, i’m saying your philosophy is damaged and flawed. socialism is a political philosophy and history has proven it is a flawed and failing philosophy. economy based on forced spending by monetary devaluing is an economic dam that will drown more people than it will ever help. true supply and demand economics shouldn’t require manipulated metrics to be successful. a devaluing currency isn’t monetary it’s temporary...
i think everyone’s interpretation of those basic economics is what got us in this mess we are in today. status quo doesn’t make things right.
i think you just wrote a comment to yourself there bud
get back to me when you understand m1>m2 velocity.
my second suggestion would be to learn demand-pull and cost-push fundamentals. i would also suggest trying to be a bit more respectful when talking to people you do not know...lest you end up looking like a dumbass.
>people will quit, and go elsewhere if they are not happy with their job. if they do not that is their tradeoff and not the businesses fault. bruh, it is not as easy as you think. its like saying just earn more to a poor person. >and what requirement is there that everyone needs to live with 'luxuries' beyond basic necessities? fine then, we will all just survive on canned beans for rest of our lives. bro, people atleast want a comfortable life. people cannot just survive paycheck to paycheck all of their lives. people will have contingencies to take care off. conclusion, people need a comfortable lives without being slave to crony capitalists. is that too much to ask for?
lol. sure kid. if authoring erc20, 721 solidity contracts and building cli tools for publishing contracts to testnets and main nets since 2017 means knowing nothing, i know nothing.
tail end charliee has certainly made you look like a idiot!
hey, i'm on board with thinking it is ridiculous that there is always a money printer for wars and corporate bailouts, i just think it is important to make well founded arguments against them.
fiat money for services is a poor system. services for services, merchanthise for services, etc. that's a better system. that deletes the run around, and puts an end to the service provider being a money mule. right now if your a service provider for fiat you are actually a money mule for your next service provider of choice. that's what we have been conditioned to be. dull money mules that can not stream line process
i don’t thisagree. but at least while doing so you can stimulate a sector of the economy. it’s still much more attractive solution than destroying the economy and the planet for your kids.
my point is that both choices lead to destroying the economy at some point. you can do it now and pay the price yourself. or you can wait and make your children pay 10x more. what is the most ethical course of action?
all jobs are important and earnings are set by the market.
found the whopper flopper 😂
you mean capitalism not socialism.
its not a philosophy. it's the real world. and while there are some flaws, the economic theory is not flawed. its how people interject or react with it. people want a free lunch, damned the consequences. that's all it is. if anything, people cause most of their own problems.
how economics is interrupted is not equivalent to educating yourself on the subject. there are plenty of free books and courses that teach the subject.
i do. thanks. what's next.
i understand those as well. what else?
poverty is a real problem that should be addressed, but ill ask this one question: how much of a person’s situation is due to their own decisions and how much of it is due to the system?
kind of weird to invest so much into something you believe you have to be gullible to invest in.
yeah... you keep believing that... while the fed prints its way out of more debt to china
umm... no, pretty sure i meant socialism
real world? the word ‘theory’ implies that it’s not real world.
you are implying that everyone with a different opinion hasn’t read or taken courses in economics. that’s what’s wrong here.
>how much of a person’s situation is due to their own decisions and how much of it is due to the system? it really depends on person's economic background. if i belong to a rich family, ofc i will have the luxury to get a fancy degree and eventually a great job. but, people living in poverty do not have that luxury. they just have to go anywhere they think they can survive. it's the society's (and government's) duty to look after these people by pressuring aka highly taxing the already privileged.
wasn’t a hive mind when i started investing in 2017. at least not large enough to be considered as a market force. ethereum is a complex protocol. people voting on the eips need to invest time in understanding the value proposition and impact. otoh this narrative of ethereum vs fiat is broken. access to capital still plays a role with ethereum. you need money to buy ether to earn from staking. feds don’t just print money. the money is seeding into businesses based on their growth potential. these over simplified narratives have drowned the real value proposition of ethereum. now it’s just driven by greed. investors from 2016-17 will care less. they are in knee deep profits already and the predictability of the hive mind just makes it easy to rake in more profits. but sadly that means the tech is going to be overlooked vastly.
think you meant capitalism there bud
semantics aside - economics is real world.
wrong i’m not implying anything. im explicitly saying that most people haven’t actually read a book on economics. just like most haven’t read a book on how to perform surgery. just like i haven’t read a book how to perform chemistry. most people have opinions based on catch phrases, opinion articles, etc. and then claim to have a sound opinion.
didn’t answer the question.
with defi it does not take six figures to earn a fair return on your capital. you're purposely being contrarian and pretending not to understand.
i never said hoard... you said that. i’m talking about the value of the dollars we earned being undermined by the government. i get what you are saying, you won’t hear what i am saying. the whole rush to crypto now is to have a currency that holds and increases in value instead of devalues over time. decentralized and less vulnerable to manipulation by government irresponsibility.
however, it’s not a hard science. and it constantly gets updated through new theories that improve on or thisprove previous theories. once the dollar tanks there will be new patchwork theory to explain what happened in hindsight but not be applicable to the future.
there is no one book on economics. the economists choose which economics to follow to explain their own biased ideas.
why would you want a deflationary currency? the initial increase in purchasing power is offset by the decrease in liquidity due to incentives to save. the rush to crypto is a get rich scheme pure and simple. look how dead crypto communities are during the bear years. the mass retail push is not buying to use ether as currency. they are investing in a speculative asset in the hopes of massive gains. if people really only cared about the value of their dollars they would hold their savings in treasury notes or cd. the push to crypto actually proves my point. the government's monetary policy has made holding cash unattractive. the stimulus it is injected into the economy is being spent or invested rather than saved. every person who buys frees up capital to be invested elsewhere. fiat money working as intended. in a pure eth world it would be just as dumb to hold eth as it is to hold usd now. cash savings are unproductive.
this ill agree with: that its not a ‘hard’ science by the definition of hard science. but it is mathematically intensive and complex. the problem is that it can be difficult to isolate variables and tertiary effects when altering a single variable, let alone many other variables. nothing is just lower, or print more, and so on. so the issue becomes how much time do we have to measure the effects of altering variables before altering new variables. so in that sense, yes, things change.
i did. i asked a question and you didnt answer it.
therefore anyone can just use economics to prove whatever they are trying to prove by picking the school of thought and theory that fits their bias.
sorry i am done. you are missing the point and its not worth my time to explain this anymore.
how do you increase "aggregate consumerism" (lol) without money being spent? consumers need to spend money to buy products. businesses need capital to produce goods to meet demand. if expansionist policy worked the opposite of how i wrote then the value of ones savings would grow over time.
i get what your saying, but i bet first time buy in at
on the other hand, you are fomo resistant if you already invested all of your money
it’s okay mate, plenty more dips to come.
agreed, i spent all my money last week. now i would be spending car payment and rent money and while it is tempting... i cannot, would break my promise to myself. gotta get the bills covered first
been buying the dips so i got no more for the real dip aye!
it’ll dip again, start saving
i put a 1000 in the dip, wife's gonna kill me🤦🤷
buying in heavy the day before the dip is a pretty bad feeling too.
be a degen and sell stock to buy crypto like i did lmao
couldn’t buy any because of stupid coinbase pro being down!
i do not know, waiting for the dip, recognizing it and being in-time, logging in successfully and clicking "buy" only to be told repeatedly by the exchange that i did not have enough money in the bank-- despite the simple objective reality that i had far more than needed-- that felt like the worst fucking feeling... like these exchanges i've been trusting all this time are not actually trustworthy, and this is all some more big money thievery. having shit all over wall street, now they are coming over here to fuck up our party.
am glad we got out of this dip
>the worst fucking feeling then it is not a feeling. it is a shitsituation.
same. get paid tomorrow. couldn’t come soon enough
what dip? we’re back up! 👨🏻‍🚀
i got cheated on before but this feels way worse
i feel you save your money for the next one
no money to buy food and shelter will suck to, but i get what you’re saying
don’t worry, yesterday it was not possible to buy. but if no one was able to buy, how did it recover? 😅 would be interesting to see who was able to buy!? 🥸
and i am feeling exactly the same...🤣
do you put any spare cash you have into crypto?
waiting for money to clear... sucks missed out on a half eth extra because i’m still waiting for my money. but i’ll be happy if i can buy in under 3k.
i convinced my cousin to buy eth and coinbase did not verify his account in time.
i have money to buy the dip. not buying the dip. just holding. if you got eth, just hold.
i took profits from ada’s bull run a few days ago and had been buying into eth as it started dipping. went for a walk in a dodgy cell service area yesterday before the dip was started. watched my phone struggle to put an order in when eth was at €1500 and the time i got back to the car it was already at €2200. i did buy in with all my remaining free cash because i believe in eth long term but damn it feels so bad to watch it bounce off the bottom and be able to buy from reasons unrelated to not having enough free cash. lesson learned, never leave the house again 😂
i'm trying to feel good about putting 5 bucks in, but i'm broke now.
do we think eth is going to hold now, or continue to drop? part of me wishes i had bought more at 1860 and now we're back hovering around 2900-3000 and btc is back up (from it is low, but only due to some intervention).
i put a fix ratio of my portfolio and said „okay, that’s what i want to allocate to crypto, that’s not too small and not too large and it wouldn’t kill me if i lost it.“ the first thing i have learned is that the second hardest thing after hodl is to not just liquidate more from your portfolio and get more into crypto. just as bad. you have the money but if you’re honest you’re just greedy right now.
having a exchange hold onto it all for a unknown reason is worse. but yes also that 😅 why could not this happen next friday aha
just take out a personal loan
even having money i wouldn’t’t buy this dip. something fish af going on and i’d wait till next month to be opening new position for doubling down on anything. hope i’m wrong of course but, i feel a bamboozle. edit: bamboozle confirmed.
i'm melting the horror
now, i do not want to poke around, but that sounds a little bit overinvested maybe
that's why you always have a dip bag ready to go
having money in route, watching it go up is slightly less terrible. but terrible none the less.
exactly, that is why i think now i need to have an opportunity fund kept aside for these dips...
same, wish i could buy more. i’m holding everything, and this dip was so precious. still i could buy a little amount so not that bad!!
100% why does the dip never come on payday 😔
true, just hodl it will all recover soon anyway
and what’s even worse is when you pool all the money and then buy...it fucking dips again!
losing money is worse than fomo
as if this is the only dip that will happen. save for the next one
i knoooow!! being poor sucks!!
bought , up 30% today. feels good man
i felt this!!! never once contemplated selling, but damn i wish i had some money to buy right now
bink! ...specially when the rebuy was too high already 😂😂😂
i bought the day before the dip
or coinbase being down
the worst is having the money but not being able to buy the freaking dip thanks to those exchanges (binance etc.)
not being able to get into the exchange to buy the dip is the worst fucking feeling.
feel your pain man. what i could use is locked away for another week
that hits differently :(
yes... am still currently waiting to continue my studies and got about 1.3 eth with 80% of my total savings. sucks
i bought one ether on the dip
having no money to “not buying the dip” sucks 😭
i'm just wondering how we will ever use this ethereum as currency... it can just fluctuate 50% overnight... i'd have an order filled for a car and be paying for it 30 000, makes no sense.
just wondering, how do other people feel about "buying the dip" when the "dip" is still above your average cost basis? i want to get eth when it gets so low, but every purchase that i make these days is still significantly above my cost basis, so my average cost basis increases with each purchase. just feels wrong.
there is a worse feeling, having money to buy the dip but not being able to log into a swamped exchange
especially since i bought all the other dips that weren’t the dip then got broke before the bottom
nope, having the money but your exchange being down for “maintenance” is even worse.
don’t worry there will more bigger dips
i bought the dip!! for the first time. i had eth from when it was ,800. i feel like a bad mofo
how about having a little money but when it dips so low every single exchange you are on isn’t working…. that’s annoying. when bitcoin and eth hit their super low yesterday all i wanted to do was buy fractions of both and now it’s up 50% from that low. criminal.
god damn i love gemini. pay day was today, i wanted to buy yesterday. deposits from bank account take 3 days to clear, but the money is available to trade immediately. bought the dip and the money is now in my account to clear the deposit. i'll say it again, god damn i love gemini.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [2fa]("last usage")two-factor authentication [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(5 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 25 acronyms.) ^([thread for this sub, first seen 20th may 2021, 14:31]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
eh, holding through a dip is just as good. it improves your resolve
love the flair lol
the worst is having money but bank sudden block transfers to crypto app.
bought eth at 3900 😢
i wish my pay was early
having coinbase tell you that you have insufficient bank funds when you actually have 20k is up there too
haha!! feel ya :) but i bought bmi, fyz, plugnet, fwt, vet, sol already with solid fundamentals. bmi - a token from bridge mutual, an insurance project. fyz- governance from fyooz platform where tokenization takes place. plugnet using its synthetic assets network to power the defi. fwt from aubit freeway used to reduce trading fees and more. i think everyone knows vet and sol 🤓 market is back!!
not for me. for me, the dip is the worst fucking feeling. buying now greatly increases my total $.
we still in da dip friend. plenty of time to grab a potato chip and dunk it in!
i know right. i did not pay my mortgage. i bought eth instead lol. it's only a . i'm finally at 1.56 eth and on my way to two
surviving this crazy ass dip and waking up today recovering quite a bit is the best fucking feeling.
just sell at a loss so you can buy that dip. 😏
having money but not in your trading account at the right time hurts more!
almost as bad as buying the dip and it keeps dipping.
can someone please tell me i’m not a paper hands for selling my bitcoin at the dip to buy ethereum at a deeper dip?
a m e n 💀
you always have more time than you think you do. last bear market lasted almost 3 years?
happy i dont have this problem. omw back to bittrex to trade the dips .
i wish people will sell. i need another dip. .
i wouldn't feel too bad about it just yet. there's a good chance we trade sideways for good month or two before we begin skyrocketing again to new aths later this year. plenty of time to accumulate, imo.
oh yeah, it sucks lol
totally agree. however the smart move is on buying small amounts over a longer period and spreading your cost - you might end up paying more on some days but you also ensure you can take advantage of even lower dips yet to come. spread those dollars! also, i’ve seen alerts indicating whales pumping .
in a year, it would not matter. there will be plenty more dips.
duuuuuudeeeeeeeeee it eats at my soul!!!!
i bought. glad i did. :)
buy buy buy dip only lol
i brought more at £2100 yesterday, less then an hour later the china announcement came out and it all went down hill. it was an emotional day yesterday 😂.
you would’ve got more points in my book if you posted this 24 hours ago
man i tell you. story of my life right now
could only afford . just glad to have it, even if its only 6% of a full share.
having to wait for pay day to buy and missing the best part of the dip. kms
i’m in the same boat:/
i have money. but scared. i am the only working person of my family.
no need to get upset my friend you will get many more chances, they are still lots of folks out there who brought it at peanuts , they will sell it at every next opportunity or whenever they had a fear of missing out on profits and never forget miners.
having money in your stonks account but not being able to cash it in cause you're at work during the dip and do not have your 2fa device to hand also sucks.
but no more money to buy the next dip
i have money but can’t access it right now. that’s also a damn bad feeling. and it’s because my bank made a mistake. feels even worse. seeing the gains i would have had. kill me...
i knooooow right. always find myself broke at the worst possible time.
as someone who bought low and sold high, it is harder to be patient. im betting i sold right before the bear market and so now im just holding my breath. the temptation to buy is intense every time i see a fat red bar.
matter of fact is that ether is not a finished product yet, it still needs to achieve the following. 1) migrate to pos from pow. 2) fix high transaction cost. 3) fix high inflation. 4) scale the transactions or implement sharding. it has a long way to go and price will pump and dump in between and will most likely follow bitcoin and it will gain on ratio as more usability it achieve and will bleed harder during bear cycles. in short this is not the last dip and it will break the current ath in future as well.
sorry to all the hopefuls but i'm looking for one more kick down to 20% market drop before it kicks up to all time highs.
i've been following crypto properly since january:(
this am not a dip lol welcome to 🌈🧸
dca so you do not have to worry so much about the dips
is 2750 a good buy in price?
you see, the way my bank account is setup... 🤷🏽‍♂️
ohh men so true !! i can feel your pain
worse than blue balls.
calm down, this is not the last dip in the year. here will come more
i feel you 😭😭
idk man. having the funds but missing your chance because crypto.com has been verifying your account for more than a fucking week is also pretty bad
not being able to log into coinbase pro and buy that awesome dip felt worse... i let out a huge "sum'bitch!!!" and my wife asked me what was wrong... she thought i stumped my toe...
cash is a valid position.
agreed. i cannot even. get a loan. i also got hurt on the job. and i sold a stock to buy crypto...right before the diiiiip.
timing it was hard either way
everything will be ok bro, there is a whale who bought the , sleep, live "normally" hyhyhy :f
i always keep 25% of my capitol in cash so i can buy the dips
having money but being to nervous about it is even worse 😂😂
got you bro - bought the dip for you 😉
get a side gig for extra cash. i do dolly and it pays pretty well for the amount of work you do
seriously...f. u. c. k. . . . . .
i legit want to borrow 50k to put in crypto for the next 1-5 years. just let it sit
i feel you 😭😭😭
even worse... having money in your bank account but your bank holds the funds anywhere from 1-5 days before you can wire transfer to your crypto trading platform and you miss the dips 🤦🏻‍♀️🤦🏻‍♀️🤦🏻‍♀️😩😩😩
not having enough money to eat would be a worse feeling i think.
forced to hodl. kinda chill feeling. relax and enjoy the ride!
hahah had . said why not i will buy another at .2k next minute the world is on fire. that was my first big drop, held on though, my hands are sore.
because you and i yolod before the dip
there will always be another dip 😂
it’s a helpless feeling.
you got that ✅
having money but did not have time to buy is worst
tell me about it
u bought too much at one time
i feel your pain. same here
or having money that your not supposed to spend but wanting to spend it all is the worst feeling, right?
having the money, but getting dragged into work when you’re on leave feels worse!
having money to buy the dip but waking up a half hour after the dip had dipped. feels bad man
pluto link is having whitelist for unicrypt, audited, renounced, huge potential
i put my all saving in doge at peak price and in this dip i was feeling worst
i bought in at . thanks elon.
i converted all my btc lol
can't buy any at all in my country 😪
don't worry about it, it will go even lower soon enough. :)
that’s greed. i can relate.
i put 500 in coinbase and staked it. i have 100 of eth on binance. my goal is to get 1 whole one but the way my paycheck and bills are set up... lol
bad planning, eth made 6,236 ath in the past month lol , if you didn’t take profit to have money to buy the dip then your emotions are running your money
i just took out initial of my matic investment to throw down another 10x on vet. i will follow up in a week or two 👌🏼
fomo got everybody buying high
it would feel worse if the reason you couldnt buy the dip was because you bought at 4200. even so, buy the same dollar value at 2200 and your avg price is now 2870
ye, must feel bad but we have to cope
in my country we call that subsequent wisdom
this is literally me. can confirm. feelsbadman
i know the feeling but if you stay in crypto, eventually you will agree that not having money to buy the dip is worse. don't sell!!!!
oh yes it does aha
i can relate ... i can relate very much, unfortunately
buy more while it’s low to lower your average that way when it goes back up you can get greater profits.
that was me!!! luckily i plan on holding long term.
there's a reason why the stock market crash of the pasts would breed window jumpers.
i'm sure i'll get a ton of hate for this but i sold yesterday at 7am and bought back around 930 pm. i could not buy the dip before but this allowed me to acquire another .75 eth which was big for me. could've really screwed myself but it worked. now just need my market loses to offset the capital gains that i'll deal with because of that move.
i do not think it will surpass , as emotions have changed in last few days, what you could do is to try to dca the dips and then sell on pumps to reduce your loss or wait until next london upgrade as that will reduce inflation and that should increase the price.
i started buying crypto a couple years ago. i bought into ethereum for the first time a week or two ago at , but kept some back because i don’t trust all time highs and would rather dollar cost average over a few months... i’ve already lost some money, but who cares. if you’re in crypto for the long run losing 40-50% should be expected at times. i’m here to see where the price will be in 2-4 years, not in five days, and i’m pretty confident i’ll have my money back by then.
or even worse, you panic sell when it reaches 1800, coinbase crashes and by the time you can access it again it is at 2200.
talk about it lmao i put 500 in at 4080 but atleast put another 500 in at 2320
this is me. first time crypto buyer bought in at 4k. have done a bit of dd and believe this is strong tech. will be buying dips as they come with what extra . what are some realistic limit orders you all have set?
we’re rowing the same boat
sorry it hurts right now. just play the long game. hold and you won’t lose - eth will be back up in no time. i mean this isn’t even the biggest dip really. money i invested just 1 month ago is still sitting in profit. so it’s not so devastating as people are making out. my advice is to spread your next investment over a longer period to span ups and downs. you’ll get a better return overall and reduce risk.
my situation exactly. gladly i bought the dip and brought that average price down. tough buying 0.1 for 500 one week and 300 the next.
dude i dropped a ton of money at 4k and staked it lol. you are not alone when you feel bad.
yeah sure, looking back, would you have regretted buying btc at 18,000 in 2017 december? yeah maybe you would have in 2018, but really, you're still up 150% in 4 years. think along those lines for eth too.
yep, that must suck. *but everyone who bought at a previous ath is now in profit.* so if the recent buyers are patient, i'm sure they will be rewarded.
i've noticed this actually helps alot. not having immediate funds available gives you another few minutes to consider if what you're doing is really a smart or a poor decision.
i can tell you more about the feeling when you buy the dip and it keeps dipping even more.
and as usual i won’t have any fiat left then too it’s like dips cursed me lol
the real dip is way before the rapid rise in value followed by the 30% dip. it’s all relative and really comes down to whether you can invest a lot now or need to save more and dca based on dips along the way. you know how many people were “buying the dip” at 1,800 a month or whatever ago, that could have way more eth had they spent that money back then rather than saving it to buy this current dip?
well said, sad but true...
yup, that’s me. 😅
i only had money for some guacamole left today...
yup, but ultimately everything will be green.
i'm his wife, he ded.
she will never find out if you leave her now
she will get over it when you two go lambo shopping
hopefully, she will be giving you a huge kiss 💋! read some story that a couple put their , then took it out when it fell, then kicking themselves in the ass when it blew up!
lmao my wife said she does not even feel like we are married because of the dippies i buy. i no longer converse about dippers to that woman.
she thinks lambos are too ostentatious?
buying in heavy the day ere the dip is a quaint lacking valor humour too *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
do you know when it was down? i guess i was asleep...
the trick is just to have limit orders pre-set in coinbase pro if you have the money there
why are you still using coinbase? the fees are insane and their service is completely unreliable. do you hate yourself? edit: why the downvotes? don't let your own bias cement you into a bad deal. if you hit the big time like you all want to, using coinbase could literally cost you 5 figures. money spent that could be nearly completely avoided by switching to a cheaper exchange.
just have a buy order sitting there for a number you’d buy at. problem solved
hey there. i have been experiencing the same issue! been trying to research and see if anyone else has been having this problem... i have had no major issues, as of yet, but dang, this is frustrating. i wonder if there are others to, who are having this issue. i tried purchasing different cryptos too. checked bank, just to be sure... reading threads about a company's problem, especially the customer service issue. they should really get live operators.
i think its more they need to invest in better infrastructure than anything malicious, my friend was planning to sell to rebuy lower but managed to time it just as it rebounded and was panicking like fuck but the delay actually helped as the sale went through a lot later than he intended because the servers were fucked, turned a very expensive mistake into a minor annoyance. this was on non us binance
use gemini. let's you set up a deposit and the money will clear your bank account in 3-5 days, but gemini allows you to trade with the amount pending without charging any fees for doing so. if it bounces back you would not be able to use ach deposit without emailing them explaining what happened, and you cannot withdraw unless you sell to make up for the failed deposit, which is fair.
well, call me crazy but the shiba token community is working on an exchange. maybe theirs will be more honest and transparent, in a good couple of years
ok, mr. lehey!!...the shit winds are a'comin.
are you holding for a bigger dip?
its normal crypto cycle, you will get many dips and many pumps until ether become a finished product and inflation is reduced, so yes until that happens there would be many opportunities.
we’re all greedy here but you’re right.
feeleth thy teen sir. what i couldst useth is lock'd hence f'r another week *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
surviving this crazy rampallian dip and waking up the present day recovering quite a did bite is the most wondrous fucking humour *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i wish people shall selleth. i needeth another dip. *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
in a year, t wonneth't matter. thither shall beest plenty moo dips *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
sir i bid thee. story of mine own life even but now *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
we were riding close to 4k for awhile. i don’t see an issue with 2750 if you’re can afford to hold onto it for long enough. but with it going up and down you could probably put a limit buy in for like 2400 and still get it.
is it high if we think it’s going to +?
the problem is i bought high, while “high”
someone has to find a way to cure fomo
thing is that people who are first buying at 4200 or whatever ath price will likely be too scared to buy the dip. same reason many people who are newer did not grab sub . people lose faith in the investment when it dips hard.
this is exactly what i did yesterday. it hurt a little but i got my average down.
no one is gonna hate you for that, just realize that if you time it wrong you sell for a loss and have to buy in higher. you are right you could have really screwed yourself. which is why even though this works sometimes people should not recommend doing it unless you're ready to deal with the consequences of losing a lot of money.
imagine it going back to 🤣🤣
eth was under .
oh shit. then i kinda see why people panic sell if this is the case
i don’t think it will ever dip below . 2017 was a different situation, not nearly as many institutional investors. with big institutions holding lots of the supply sell pressure won’t get that high and if it does start dropping they will buy more up. that’s likely why it bounced straight back up once it got close to .
i also am a believer.
that's the spirit! lol
i got binance and coinbase. both struggled and i think more exchanges did. at a point we have our portfolio split over 5+ exchanges. it’s on them to upgrade the max load they can handle. those are billion dollar business, there’s no excuse.
...the problem was that the exchange was claiming i did not have enough money in my bank, which was simply untrue in every way. how would that have solved this issue?
yeah i thought maybe there had been fraud on my account, or maybe had gone over the stupid daily spending limit banks have or something, but it was none of that. when it eventually approved my bitcoin purchase several hours later, the price had gone up over ,000. yeah... i would happily pay much higher transaction fees if these exchanges had a human working for them instead of a bot closing cases with no actual answer.
perhaps. i heard a lot of people could not login, and i imagine something like that could happen. but claiming my bank account did not have enough money when it clearly and absolutely had far more than was needed for my purchases-- in fact, far more than even the current price-- i'm struggling to see how that could be "infrastructure". seems pretty clear to me that it was complete and utter bullshit.
yeah just buying direct from my account seemed easy and faster, but i suppose i'll have to start depositing money ahead of time... 3 to 5 days still seems like a long time here in 2021 but it is probably the banks' fault--another reason i'm supporting crypto, i want to see banks fold like hotels and taxi services... (then we go after insurance companies damn it!) but it is not going to happen if exchanges do not become obsessed with basic customer service. i've been thinking about trying gemini, but they look so much like coinbase, is their service really any different? because if not it just seems like a hassle and a waste of time.
i mean, i know "meme" ideas get a lot of shit, but i'm willing to give them a chance (with money i do not mind losing). i lived through the world wide web boom of the late 90's... experience tells me we cannot always know who the eventual winners will be, despite what seems like all the information pointing in one direction or another. you never know when bill gates is going to invest in steve jobs to save both their companies, lol, or when some silly little guy named jeff (or charles...?) is going to spend 6+ years losing money to build amazon. the key of course being... money in willing to lose.
i agree that dips and pumps are natural, but i wouldn't necessarily say what was. thr fluctuation may be, but there are definitely new issues to consider from the biden administration announcing a plan to increase taxes on crypto by 2023 to their whitepaper release re: creating their own crypto, etc... that's without musk, the red herring that is china, etc...
my wife’s boyfriend said the same! gave him all my money. now my wife and my wife’s boyfriend are on a business travel.
now you are getting it. dca, time in the market beats timing the market. patience over practice.
this is the correct answer. look at the graph for the last year and some. every time there is a dip it has rebounded. and every time there was a dip loads of people panicked and sold. only last week a whole stack of people were begging for a dip on here so they could buy in, well here it is. and now everyone is crying about it. if you want to be an investor then you need to be hardened to the ups and downs and you need to look at the long game. nothing goes up consistently forever. especially not at the rates we were seeking over the past weeks. i mean the average week was like a 30%+ gain. that’s not sustainable for anything. but consider that there was huge demand for eth at that peak price, which tells me there will be again. the current dip doesn’t represent the value of the tech as we well know - so the price is currently undervalued. that means it’s a pretty sure thing to bet on it going up. but if you’re gonna cry when it doesn’t go up every day and reach 5k by next week then you have unrealistic expectations! . a lot of tech is being built to use the ethereum blockchain. that’s enough to indicate future demand will increase. unlike btc which could just be a fad . sadly, the price of eth is still largely pegged to the rise and fall of btc. at some point we will go our own way and that’s when i believe the chance for a moon shot will come. that said - btc halved nearly overnight on wednesday. from like . imho it will probably fluctuate for a while and likely tank even further. but i don’t believe it’ll get right to the floor because there’s enough people that recognise a chance to earn a big payday investing at a bargain price on a coin with a history of such enormous demand. although i thislike btc as a technology and think it falls short in its value proposition, i’d be a fool to say that buying in at 10k if it gets that low would be anything but a smart move. remember: i am not a financial advisor and this is all just opinion. don’t base your financial decisions on what people say on reddit and never invest money that you can’t afford to lose!
i think it will get to about 6k and fall back down to about 3k bfore it gets there...would be super cool if it gets there by the end of the year...
its ok as long as you bought at 4420...hodl my stoner bro!!!
i wined over the market and have no idea what sales i bought.
flip your emotions. if everything is getting hyped (fucking doge being talked about on the news) and you want to buy, objectively analyze and consider selling. everyone else wants to buy too. this is a bull market that is not sustainable. when you're panicking and thinking you should get out because we've just lost 30% in a few hours, objectively step back and decide if there has been a change to ethereum? is this a different network than 5 hours ago? if it is the same technology (or better... as is the case every day so far since i got in back in 2017), buy more. you need to determine the actual scenario, not just the market reflex to whatever idiotic tweet elon wrote.
spend less time on the computer, and more time: 1) out in nature and 2) being present with friends) practicing mindfulness) exercising on the reg 5) having some kind of creative outlet 6) prioritize sleep quality. fomo should be significantly reduced.
2018 cured me from fomo...patients is the name of the game...pick a couple of good coins not shitcoins...and just study them for months watch for the low and high...most of the time when people start talking about a coin going up, most likely its to late to make a significant profit...just wait and keep your chips on deck...
i'm brand new to this, and for some reason i find this fearful mentality hard to wrap my head around. if one looks at past charts, eth climbs are never only straight up. there are plenty of perilous drops, but overall the long term trajectory has been unwaveringly upward. add onto that some solid tech, and i struggle to see little to worry about in the long run. i for one was ecstatic about the dip, and the only reason i was able to snatch up some super low eth was because sitting pretty in my bank account the morning of may 19th was a 4k payout from ebay for a few of my gpus i put up there literal days before our profits exploded for that one magical week. if i had this money last week, i **easily** would've bought over ,000, since fomo (which for me *was* very real) had me convinced we were never coming down. long story short, 2 lessons were hammered home, and i was lucky enough to come out of this on top somehow. rip to my brethren tho who weren't as fortunate.
facts. emotion is such a big factor. that’s why i’m a sociopath!
which is completely reasonable imo. people often talk about crypto as speculation rather than investment, and talk about its volatility — so much so that people tend to just ignore it at this point. it’s a money printing machine, right? wrong… this has always been the case with crypto. it sucks for people to have to learn very expensive lessons, but it’s a lesson nonetheless.
i first heard about btc at i had my shit forged in gme, buying the dip is second nature by now. just wish i had the money to do this sooner lol
100% because i can tell you this is the first time that this actually worked in my favor. that is why i have losses in the market to offset the tax unfortunately.
is this suppose to be funny?
stop leveraging... that's what causes such huge fluctuations.
maybe you can sell your daughter’s virginity to a perverted japanese businessmen? that’s what i did to buy this dip 👍
you of all people should know they lost it in a boating incident with a shark.
when did the outages occur? i was buying crypto all throughout the day yesterday on binance.us
on cb you load the money in before. all exchanges were having issues yesterday. that’s why if the money is already sitting there with a buy order it would have just executed
i got my issue fixed by removing my payment preference, then adding it again. worked...still, this has been going on the past few hours, and i lost . things are rising quickly. b.s. as much , you'd figure he would take some profits and spend it on quality customer service. hiccups are really pissing people off, and it is not a way tovrun business, if you ask me. so many people new to this, and speaking to a live person would be a tremendous help. i'm still working on learning about the different cryptos, a little but each day, and try to focus on a handful at a time. i'm sure, down the road, when i see the description of the crypto, i'll understand what it is about. many new terms to learn too...its very intriguing and i'm hoping to teach a little one about it. bought this person a little of the most well-known ones...its a start... what i'm gonna do is, as months, years go by, this individual will get this for christmas, birthday and such, and if this person stays in there and holds, there will be "incentives " for doing so, as long as i can afford it. 😉👍 i think, also, it would be a great idea, to produce a crypto & platform, for those wanting to buy crypto as an investment for "whoever", and have it to where it not only grows, but has "perks" the longer the person holds...have it directed towards mom's, dads, grandparents...etc...would be nice to have the , like banks do with college funds. however, not everyone wants to go to college, and the .
and i also think that once you hit that "buy" button, you should get your coin for exactly what you bought it. i have noticed that the price can be up substantially, when the order goes through, yet, i check the price and it is either the same, or up a tiny bit... "happily paid higher transaction fees"...honey, trust me, they are getting their $. quality service used to mean something.
can't speak for everyones experiences of course, there was definitely some strange goings on yesterday with the whole market. i think a lot of new people have opened accounts lately with the hype over the last few months and this was their first real crazy dip. a lot of exchanges probably had the highest volume of buying and selling they had ever seen. it is concerning there were so many widespread issues. just clarifying im talking about crypto exchanges here i could not tell whether it was them or your bank your wage goes into that was blocking the transactions. if the latter then yeah super suspect.
gemini is much more selective about what they list and their customer service has been great. i've had 3 different occasions where my bank has taken longer to clear a deposit than normal which caused my gemini deposit to bounce, and they were understanding and helpful every time. all it took was an email letting them know what happened and my ach deposit privledges were reinstated. they do charge higher fees for debits but you only need to use them if you're trying to buy via mobile and in a hurry. withdrawals are great as well, i've never waited longer than 3 days except for when i submit a withdrawal on friday, which i think is my banks issue not geminis. i've been using them for 3years ever since coinbase held my deposit and would not let me sell and withdraw my funds for over 3 weeks with no explanation. also, even though the time it takes to clear is 3 days or so, and you cannot withdraw anything until it clears for obvious reasons, it is still available to trade instantly!
never invest money you're not willing to lose ;)
even today people have to pay tax on crypto, not sure what additional tax biden is proposing, i think they are just trying to ensure people pay their taxes because not everyone is paying taxes on crypto, so its rather an compliance issue.
and mind the emotions 👍😉...even stock traders say that is a general rule...
now hands becoming diamond ones
agreed, except i see btc hitting -. it’s still the name brand in the industry. however, i personally like eth better myself.
i wish people would talk more about this btc is a ponzi like ltc bch etc little commerce other than gambling is being done. without prices rising no one wants it mining is not needed whereas on eth ecosystem sky is the limit unlimited biz apps what happens to btc in a rising rate environment???
btc is worth 5k max to me backwards looking cult
i see . call me crazy haha
i think btc is 5k max this year
i’m going for ice cream
lol someone who actually suffers from aspd can relate... but fuck off don’t use some mental illness as a joke
it's still on baby foods, if you ask me...just think, when one is old and grey, that person can look back and say, "i was part of that. the "pioneer days"...tell your young 'ns about it
same. im already preparing for the next bull run in terms of plans, what to invest. much of it is contingent on this bull run and my successes. hoping to make a difference in my life with all this. good luck buddy
i know. i trade just with my own money. others in this seem to not 🤣
binance global and coinbase.
yeah perhaps i should have loaded money beforehand. but does "having issues" include saying my bank had insufficient funds when it absolutely did not? makes no sense. somebody is lying-- the exchange or the bank. i think i'll just change both.
yeah i can understand the change technically, between pressing "buy" and the transaction time there might be change. and yeah i know they are getting their money, but i also know how allocations often work-- bullshit or not, companies do it. quality used to mean something... a long time ago.
you bring up a good point. it might not have been the exchange, it might have been my bank, who has recently been sending me emails about buying bitcoin directly through them. but i the other hand, my bank immediately answers with a real person when i call, email, or ask a question through their app. the exchange i've been using has never answered anything i asked with an actual answer-- usually with a bot closing the case i opened. so if it does come to legal action, and i have written answers from my bank but not the exchange, i wonder how the court will decide?
hmm... to tell the truth i've never tried to withdrawal anything, i suppose i should test that. well if gemini responds to your email with an actual answer that is already more than my exchange has ever done.
i mean... sometimes i invest in my children, or in myself. historically often bad investments but they keep claiming they are "hungry" even though they have eaten several times this month.
so i should be fine since i give very little fucks about anything?
my hands are already diamond. i just have to convert my balls to diamond too.
it’s certainly possible to hit that price at some point, but i’m very much of the option that a price that high is not representative in any way of the value of the currency or the technology in general. it’s just a price reflecting a temporarily high demand and at some point that demand is pretty certain to fall away. the only long term security available for btc to maintain such a high price would be adoption by far more mainstream financial actors such as major international retail banks like hsbc, barclays, citi, etc making it not just available for any everyday uninformed “regular-joe” but also promoted . or same with online payment providers like paypal and so forth as an option to use on equal or nearly equal terms and availability as fiat currency. and. i can’t see much beyond those things that could offer any significant growing room for btc at any scale. maybe i’m missing something though? also, severe volatility is going to make any of those things less likely to happen imho. if ethereum can maintain their position as the platform investing most in their technology, with the biggest team of developers and hiring the largest number of developers, then we know they’re all-in on innovation and being better in the near future. if developers and other organisations continue to pick ethereum as the blockchain of choice to build upon for their projects, then we also know that there’s going to be ever more reliance on the platform for day to day core functioning of a wide spectrum of other popular tools. if some of those services become big hits in the coming years then it’ll be ethereum powering them and it’ll be gas fuelling their transactions. all i see on that is growth and dependence for ethereum. and both of those impact the long term price & stability of eth positively as a result! long term, i see btc fading, and eth growing and growing. if there’s a bubble that bursts with crypto though, it’ll wreck btc entirely. in the short term it’ll obviously smash eth too, but i can see eth rebounding based upon its genuine long term value (need) when other platforms depend on it. but btc could thisappear tomorrow forever and i don’t think there’d be much of an effect (aside from the hurting investors).
this crap about 100-200k btc is complete bs its like ms dos
yup. it absolutely is gambling. sadly that’s how most people see investing whether it’s stocks or crypto. few are interested in applying brain for long enough to determine whether a company or technology shows promise of long term growth. they just saw a blog post about someone getting rich from ’re going to jump in too. and that’s totally fine if you want to yolo it and if you lose all your capital then no hard feelings. but i’ve seen a lot of folks way overexposed to btc and eth amongst other things - far more than they can afford to lose. because of course the graph only goes up, right? ethereum is the real value long term. eth is just the biproduct.
i hope you’re right! that would be awesome. i was thinking 20 k in a couple years to be honest. thinking 8 k by the end of the year! i bought at 4000. and then i bought at 3500 when i thought it was the dip. 🤦🏻‍♀️
if eth gets to
the flippining this year
fuk yeah bro that would be bad ass!!!!
btc 5k??? what do you mean?
good call, i might do the same
dang you just went from 0-60 right quick
he's high functioning. you're low functioning. huge difference.
yeah your jokes aren’t landing. i’m assuming you don’t talk with humans often
you work at wendy’s too?
gentlemen, shakepay is truly the most efficient and reliable platform. take a look!
yea i’m not sure yesterday was a shit show but your solution sounds good. which exchange was it?
correct. dead inside is the way.
but then when you run they will clang together and might chip… or break… and the pieces would run down your trousers(assuming no socks) and might cause serious damage to your feet! hmmm. same as when you have diamond hands and you see a good broadway show and stand up to clap. hmmm. i think i just figured out that all you guys are speaking metaphorically and not literally, huh? now about the apes…
sorry but you seem to completely miss what btc represents. it is the most pristine coin you can hold and is scarcity will make it more valuable as time pass. it can and will coexist with eth, they both serve a completely different purpose. wait july and the money flowing in from the different funds :)
great post btc has speculation backing it only
tons of millenials and gen z living with parents putting paychecks or ue checks into crypto like this is their only shot in life its sad man gambling is there solution to todays ills and abusing civil liberties of conservatives bahhh
ouch, definitely hurts, but you’ll be feeling good once we hit 10k :d i bought the majority of mine at , with a second splurge . i feel it’s unlikely i’ll ever be negative on those trades again
[zhu su called 25k+ this year]( as part of three arrows capital investment strategy they acquired one of the largest holdings of eth in the world. when a billionaire my age calls a target i listen
keep buying the dip as we go...this last dip barley made it to 2000...i think the next one will only go down to 3k...
nah maybe it’s called havin a bad day and sick of hearing every mf use an illness they don’t have or know about
belowlight expressed what i believe as well btc is all spec the momo crowd leaves it and its doa eth has real business underlying it
sure. be interesting to see what happens anyway. wishing you all the best friend
forgot to say... part of the attraction towards crypto in general but especially btc is that it can be mined. people see it as printing free money almost. if you don’t mine then you don’t even grasp the costs involved for electricity or the outlay for hardware. when the last btc is mined and scarcity increases, it won’t do it any favours imho. the departure of all those miners to another platform will mean a huge fall in interest. nevertheless, that’s a long while off anyway!
people have such short term memories. remember the dot com bubble? well that was another great example of people piling on money without a shred of understanding in the product . they eventually found out that internet businesses had to be based on the same fundamentals as everything else - they had to actually offer something and make money. yet anything with a dot com seen as a certified success leading up to 2000. unfortunately that valuable education came only when the bubble burst and a lot of folks lost their life savings once again. time and time again it happens. btc has value as a concept but not that high a value.
it’s the new american dream my friend. instead of everyone having the right to life, liberty and the pursuit of happiness - everyone has the *chance* of getting rich. unfortunately so many folks seem to think it’s the same thing or better. then again they also see ideas like a right to access to basic healthcare as evil and authoritarian somehow. you can’t fix smooth brains.
bro you literally said lol and then said fuck off. that is definitely going from 0-60, and it does not look like bipolar is associated with aspd. sorry you're having a bad day, why not go out and stay off reddit, it may be healthier for you.
? i would try to make related jokes if you are gonna try to be funny
interesting i’ve never had an issue but with them i’ve never tried to buy in a time like yesterday
at a trillion market cap it was screaming sell people are sheep so many of these people buying the dip will eventually sell all at a new low seeing people say btc ltc bch always bounces back- buy baby zero risk! they are based on gambling and new money buying higher never once do they realize almost every crypto can transfer money quickly now what else, digital timestamps in the cloud isnt enuff wouldnt doubt all pow coins go into secular decline as you said 2000
dude these people think btc and doge are new tech btc is based on 14 year technology at this point very old in terms of tech not fresh, not hot this is just a 2000 moment of parabolic money chasing lets see the real few googles and amazons arise most i hope die and i do wish these kids lose it all because its the only way they learn
maybe i shouldn’t have said lol cause i meant more sarcastically... bipolar isn’t associated with bipolar, i got bpd too, listen i shouldn’t have had a go but when people think it’s fun being “sociopathic” and it’s not try deal with voices telling you to harm yourself or others. not “emotions play a big factor. that’s why i’m a sociopath” i’ve emotions when it comes to seeing my hard earned money go -40% but i don’t go spouting it out for upvotes ygm?
same. honestly if i just could not login, or if it gave me a different technical error that could not be easily thisproven, i might not be so frustrated...
greed can lead people to wait for too long during a peak in the hope of making more and more. this is dumb if you’ve hit your personal goal and can enjoy a decent payday by cashing out. however i think in btc case the peak was pretty obscenely high enough that if you hadn’t hit your target by then then basically you invested way too late . inversely, i don’t think the peak we saw for eth a few days back would’ve stopped there if elon hadn’t opened his mouth and if china hadn’t started a cascade of bullshit through reiterating existing policy! so i don’t blame anyone for not selling eth during that peak. it has potential to hit 10k so it was fair to assume a continuation of the upward trend even if slower than we’d been seeing. i worry that there has been some serious manipulation involved in the volatility of the last week though. no vast international conspiracy. just whales and bots pulling the price down and valueless celebrity pump and dump.
i hear you mate. you’re spot on. it’s sad that people lose money but for a small handful of successful ideas to rise up and come to fruition, probably hundreds of others fall at the wayside - not always because they were worse ideas or had less developed technology etc, nor for lack of hard work, but for all the usual reasons that drive success. often: luck, right place , having access to a valuable industry contact, being spotted by an investor when he happened to be feeling good, etc!! not a fair process but it’s the way it is. and yep, i hope btc and doge fade away too because they represent everything bad about this technology. like you say, it’s just gambling and complete speculation over there!
hey man. sorry for that comment. i see how my comment irked you and i meant no harm. i hope your day gets better. and i wish the best for you. 🙏🏽
eth can hit 25 someday and replace bt 2-3 trillion marker cap ez
love eth on these crashes
hey, it’s ok i’m sorry for my reaction. i got off reddit for a bit when outside and had a nice time in the park. thank you all the best fellow ape 🙏🦍
this is why reddit is the best social media platform because after whatever, we come back as community
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guys, i'll sell so it goes up thank me later edit: even better, i'll short eth, get ready to blow up and for my next post: *the margin call* edit: the margin call has arrived. my journey is now over.
a shirt and a tie in what seems to be a work place? i only trade in my underwear with the lights off and the thistant depressing noise of neighbors having fun in the background.
this is inaccurate, an inverted zippidity doo with a kangaroo leg is bullish when occuring near wall street bonuses and chinese new year. only an inverted zippidity doo in a kangaroo pouch is bearish every time.
ta is astrology for men.
this motherfucker really copy my meme without changing the title.
ta is a conspiracy created by rich people and you cannot convince me my strategy of throwing darts at the board while blindfolded is not the purest form of trading.
there's a lot of silliness in ta, but patterns do repeat because their former by human psychology which does not change. it's not quite as dumb as blaming whatever the price does on whatever elon musk happened to tweet that day. the price goes up, you immediately decide whatever random positive thing happened that day is the cause. it goes down, and you look for something to blame. there's positive or negative things every day, but you ignore all the stuff that does not fit the narrative you want to create. you have to turn every day into a story.
i noticed the 300 day moving average form a reverse inverted circular snowflake on a monday which means we’re going semi bullish semi bearish until the next solar eclipse call me the technical analyst du jour
yeeash. that’s got me worried. could be time to sell
those damn zippidy doos always get me
do you think that eth will rise past 4000 anytime soon again? let me know your opinions on the stock so i can have some sort of argument for my wife to spend more of our money on eth. thank you in advance for your guys his response if any i appreciate it let’s go
i mean, any technical analyse ta post with the flair "comedy" is good in my book.
this guy's. copy my meme without changing the title...and you all upvoting him? damn...
i just hit the bong and do things i do not remember 6 hours later. it's effective because i lose less money than i do while not on drugs.
we are 3 % up let us go all in
invested yesterday when i saw half a popcorn forming, definitely bullish
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise [ta]("last usage")technical analysis (or trend analysis), examination of past performance to predict the near future ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 4 acronyms.) ^([thread for this sub, first seen 7th jun 2021, 12:55]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
head and shoulders folks, classic triangle pattern, going to be a upward spiral trend today.
i’m 100% positive that they’re watching porn 🤷🏻‍♂️
zip-a-dee-doo-dah, zip-a-dee-ay my, oh, my, what a wonderful day plenty of sunshine headin' eth’s way zip-a-dee-doo-dah, zip-a-dee-ay!
so true! most of these people have a crystal ball ,and listen to imaginary friends for advise.
lol it’s like my friend who always try to analyse charts 😂😂😂😂😂😂🤣😂🤣🤣
🤣 i too love tarot cards
we've been spoiled by the previous bull run. people are saying it is bearish just because it does not go up by 20% in 24hrs.
its been more than a week of sideways after previous dump.
currencies often do not follow equity patterns.
i don’t think the kangaroo leg actually confirmed so i would go ahead and buy more
thats how i picture a lot of people lol
i can see a q forming which means very shortly we should start moving in an upwards or downwards trajectory.
thats me explaining to my father how my charts going lol
penguins are the bulls of the arctic.
can’t believe how many people think ta is like some fake magical bullshit lmao. many professional traders, including myself, are 100% technical. no fundamental at all. if you think it doesn’t work you haven’t put in the work to learn it. side note: don’t learn from anyone on reddit or youtube.
there’s actually a valid side of the coin to looking at candles but it’s pointless if you’re long term hodling the idea is, there are market makers, and there are algorithms they use to do 2 things 1. provide liquidity 2. generate profit all day long, that’s what the algorithm is doing. it’s providing liquidity for trades, and then leveraging those positions to generate profit from them. because remember, mm are who set pricing. they do not fight the trends, because it’s the trend that brings them $$, however they are constantly setting price within the trend, in ways that generate profit from what they’ve posted for liquidity again, this is only useful on smaller time frames, but some traders are *excellent* at using candles to get insight into what the mm algorithm is doing, and which levels it needs to reclaim to close the other side of the coin, is people who google candle patterns and then try to find them on charts. you might as well be doing astrology to time your trades, that shit does not work
as opposed to the reverse moose-drool bowl and pitcher, which is what i'm waiting for. then this is really gonna rocket!
i'm a zoomer when it comes to investing can someone please eil5 what bearish and bullish means please and thanks
i know people make fun of and think technical analysis is witchcraft but it works so why not learn to have the upper hand or at least be able to make a more accurate prediction
ta is astrology for men
only legends will believe this
how i read the charts... how low can you go? can you go down low? all the way to the floor how low can you go? can you bring it to the top? like you never never stop? can you bring it to the top, one hop right foot now left foot now, y'all cha cha real smooth turn it out
lmao! no printer just facts
actually inverted zippidity whatever the f*** is neither bullish not bearish, but rather a strong signal to hodl💪🏼
someone posted a while ago that technical analysis is just zodiac signs for traders and i think it was one of the funniest things ever
lol 😂 sounds about right from some anal-ysts 😆
i did the same last week. hope you guys enjoyed the trip to the moon.
wtf?? bro. you did not even change the title. you copy entirely my meme.
thanks for sacrifice yourself for our gains!
the market just did a 540 japan air misty flip with a tail wiggle so you're good
your comment made me bullish to buy, but then i remembered i'd cancel the pump if i did. you're all lucky i'm a team player.
this is the way. 😂
time to long bois! long with leverage.
you are such an amazing person, so kind 😂😂😂
when you actually do it rather than joke about it is when we go higher.
classic head and shoulders that could go down. could go up. either way, we’re doomed
shorting eth and telling us about it? daring...
they dont have pants on. the shirt and tie are incase they need to turn on their web cam.
and with a blanket over my head when i type in the seed phrase...
this is some of the most convincing technical analysis i have read. time to sell
shit, had my screen upside down. now i see it.
as a tauron, i completely agree.
people found this one quote and never let go lmao.
next time post meme here too!
oof, really? that's cold.
i have my cat throw the darts, just to filter out my own bias.
when you plot the 16-hour rolling average and it resembles a dove flying over the sea, and then the dove dives into the ocean and swims with the dolphins, soon becoming two animals joined as one, it means good things are coming. call me mr. cheezle
combine weather, astronomy and ta... now we're getting closer to the truth!
bear market confirmed *straightens tinfoil hat*
you downvote me fucker???
alright i’ll bite, why does this bother you so much?
it’s just a meme bro
monkeys would probably be better investors than us
the fomo is real again.
invest'd yesterday at which hour i did see half a popcorn forming, forsooth bullish *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
"astrology for men" i think it was called
fie?? bro. thee did not coequal changeth the title. thee copy entirely mine own meme *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
isn't that what memes is all about?
good profile photo 😂
they took one for the team, so that we may all rise up to the moon
i can already sell the margin call
only noobs who havent lost millions use leverage.
this means much to me, thank you kind stranger!
i‘m sorry, i couldn’t resist and bought before, thats why its heading down :(
a sheet of radiation proof faraday fabric would be better. you can never be too careful.
i am not fu*king selling!
thank you for selling, the council has now decided to pump eth +100%.
wait, you've got it upside down, it is time to buy and hold!
he sold? p u m p i t
because it is true!
yeah. if only nfts are applicable to memes aswell.
😂🤣😂😂😂 lmfao these two comments are the best ive read so far😂😂😂
dolphins get a lot of good publicity for the drowning swimmers they push back to shore, but what you do not hear about is the many people they push farther out to sea! dolphins are not smart. they just like pushing things.
i dont mind copying my meme as long he. but copying it and posting it with the same title letter by letter is something else. and he get all the credit for it? then i got downvoted for pointing it out? really? fuck this shit.
kinda naive i live in fomo even market looks completely different for me it is like always
all roads lead to bs.
lmao thanks! i love vitalik
*only* together we win!
where to send you my eth address? 😅
a lead sheet. only the best is good enough.
oh damn, you're right. i'll fly around the globe o get it right, thank you.
if anything, ta is a self-fulfilling story. it's not correct because it predicts the market, it is correct because the market behaves as if ta is real.
this user, . visit their profile and ctrl + f for this comment, and see they continue to repeat it over and over based on "hot words" please report the post via the report button then, please report user to so their account + metadata can be banned and tracked.
credit for it? i don’t know who posts 99.9999% of the memes i look at, because it literally doesn’t matter. i wouldn’t have read this and said “gosh educational-line727 sure is a funny guy!” because i don’t give a shit. i read this meme and say “ha, the same joke that’s been posted 10,000,000 times this year but with different wording, kinda funny” and move on. meanwhile you’re acting like he burnt your house down and killed your dog because he didn’t give this low effort meme attribution. i don’t see where you credited the original creator of this trading meme format. how dare you, thief.
*can confirm, am monkey*
i thought you were calling your generic post photo vitalik from the stock photos lmao
not quite sure what you want😅pm me
are you the op? why are you so affected? are you his boyfriend or something?
nothing is for free in this world, brother. there is no free publicity 🤣🤣🤣
no? it’s just so weird that someone posts repeatedly about someone “stealing” a shitty low effort meme. i’m trying to understand why people act this way.
haha. look whos talking. youre so eager to depend the op.
i’m not defending anyone… i’m simply asking why you are so emotionally invested in a meme.
im not. im just trolling you
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my hardware wallet is now worth more than what’s on it.
i introduced eth to my friend when it was . come on eth, do your thing i need my only friend back.
that song is fire tho
every dip is a newer opportunity to beat myself down because i bought all the ones before it.
on the bright side my average eth price is below 3k
does everyone think to themselves, “fuck sake i could have bought and sold enough times over the dips and increases to buy another share of ethereum”
this song makes the dips okay, imagine how it would make the spikes
at what point is it called a crash.
my balls!! we are crashing down my friends
i'm colour blind so all the candles look friendly to me
i don’t know about you but that music makes me want to dance
update for the cute 🐈
when will we see green?
i turned off auto rotate and now use my phone upsidedown
i'm such a panic buyer lol
i love how our generation is so f***** by the system that we developed a natural resilience and just make memes about everything. economy crashes? o rly? 😂
i love this cat
i do not want to live in a world where this cat does not immediately make me smile. i think we can call it folks! **best meme ever!!**
buy the dip !!
ahh nice dippedy-dip. people do not understand you can earn money with red lines just the way you can with green lines. the only time you do not make money is if the line goes sideways. pretty much like a heart monitor. great buying opportunities just keep getting better. if you do not believe in crypto in the long run you should not invest your money in it. if you do believe in it: great we got summer sale.
exactly my brain in the last days. i've received my salary in ltc and did not wanted to withdraw it and it started to fall and fall and fall... but at least i've bought some more eth.
thanks, this made my day.
0xf21154... [tipped]( you 20.0 donut!
where is the ceiling!!! iv told myself that i have to be happy losing 98% of my capital and holding 2 years to be able to play this game i’m buckled up and ready zero fucks now
and the next is ...
i buy more cuz averaging down is clutch
get ready for 50% dip on 25th june . options expiring put option at 2100 .6 billion will be liquidated. largest in ethereum.
i m new and i wanted to make my first ether buy, shall i unleash the kraken or is it better to wait a little?
buy. buy. buy. buy.
yabadipapa badeepbadeep badibidibidibidibidibi eep bap payyyy *cries
glad to know that someone is feeling me right now.
thanks for the awards guys :d
this brings me peace
wut time will it moon sers?
do not you worry child
this is forever my favorite meme every time
this may be the greatest thing i've ever seen on reddit.
ay what song is this
i'm just going to play this on a loop while i keep buying
that cat is my spirit animal
wth happened to eth. i invested my whole month's salary last month and currently i cry at the loss 🥺
i’m selling my turtle for eth
this made my day! i'm gonna play this every time i feel the down wile holding my eth during the dips
and that’s why i sold it all and now i just do daily short margins lol. watching it go all the way to the bottom to get back in and soar to the top again
take the pain and buy some more
just waiting on my last unemployment check and backpay checks to throw it all on ethereum🤪 gonna get rich thanks to the government🤑
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [ltc]("last usage")[coin] litecoin ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 25 acronyms.) ^([thread for this sub, first seen 21st jun 2021, 19:19]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
me watching my account balance reduce by hundreds in a few seconds
we need it to fall. i want it back down to the accumulation this time though, will be crazy!
i do not always buy crypto but when i do, it starts to dip
anyone else staked? 😬 we must hodl for we have no choice but to hodl
more money going in!
selling some of my eth dm me. slightly below market
when will the dip end………that one question on countless individuals minds 😂
when i dip, you dip, we dip.
ill never not upvote this
soooo its a good idea to mine now?
the post on having to have 3 cycles in crypto to get it right...is spot on.
i call it black friday. though it is red friday, for some people...
keep going!!! dip dip dip! i want more sub 2k eth.
yo i freaking love the internet 😂
im runnin’ out of fiat!! 🤣🤣🤣
loving it and buying more and more of everything. this weekend was nothing but an opportunity. one that anybody who was able to capitalize on will b sooo grateful for in the future 🙏🏾... this dip will help create a lot of new millionaires. i just like to see people win 🤷🏾‍♂️
see yall on the upside next week👌
i bought all the way down and i'll buy all the way up
my wife’s boyfriend warned me about crypto
...after dip after dip
hold and buy baby!!!! let's go!
i find it extremely irritating when i see a comment or hear something like “buy the dip, but buy buy” one can’t be buyingafter every dip, on each consolidation. plus it costs money to buy assets, i can’t be buying for a thousand € every fuking time nor every month for that matter. the fuk you think we are? rich?! if i were i wouldn’t be on here. p.s. i love ranting.
i want it diper...
everyone together now!!! 😂😂
well back into moms basement for hibernation.
best time to invest 😌
at least you can still show it around and people will assume it is worth a lot
the thing about being broke is that i would not ever have to worry about having a hardware wallet
that means it is more economically secure then ever before!
yes, your friend is an idiot. you got rid of him thanks to eth. you should thank eth.
youre a bad friend for trying to push finance shit on them
you do not need him. he's probably an unmature dude blaming others for all his problems.
i mean... did you tell him there was like a 50? cause if he went all in that’s definitely mostly his fault, but if you weren’t abundantly clear about the downside risk that’s at least a little on you too. i’ve got a couple friends into crypto and not one of them got mad at me after the may dip because i let them know what to expect. if anything i’ll overstate the likelihood and severity of dips in the short term just because i’d rather them be prepared and not expect exponential gains overnight and be thisappointed by sideways action, let alone corrections.
if your friend is blaming you for their own decisions... they are a shitty friend and you should find better ones. telling someone about crypto, even telling them the "*should buy*" crypto, still leaves it in their court to make their own decisions.
i probably would block your #. lmao
tell your friend to grow a set or put a dress on and act the part.
i usually just rub it in their faces that i bought in when it was so low… that’s what a good friend would do.
right? should be our anthem.
right? it could also be used when things are pumping, but somehow it has this do not give a fuck vibe more suitable for when we're in free-fall.
add a dope bass line and some snares and you’ll pack the dance floor
it’s the leekspin song [levan polkka](
ya like when you buy something because it is half price then they make it 80% thiscount.
and a new opportunity to buy at the real bottom this time
if you bought the old ones then you will surely buy the new ones. improve that average.
do you use a certain app to calculate your average?
bought at , . kept some of the profits to buy more shit and have eaten shit but have a nice stack of eth now for the future.
great way to f up your account. ask me how i know
when you see the line going down vertically not diagonally . we are far from it
hold on to your butts!
upvote for the update
i did turn off auto rotate and anon useth mine own phone upsidedown *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i rolled over around 3:40 this morning and checked markets and ended up buying btc, eth, and ada. woke up this morning and had to double check that i actually did it.
i do not particularly like cats, but this one always bring joy in these red days!
should i, i got in at 1700. i’m thinking of buying. i can afford it and i’m holding.
a chinese bank posted a notice prohibiting users from buying crypto. an hour later that notice was removed from the website. honestly, its possible the bank just jumped the gun which was why the notice was removed and we should eventually expect a larger scale ban across chinese banks.
something about stakes expiring on 25th. hopefully things will be back up again after that date
it's pretty damn suspicious that right after jp morgan and the rest of their ilk begin announcing they plan on offering eth and other crypto futures and etfs, the price starts shitting the bed.
but what if summer sale never stops and they start burning their products to get rid of it? would you still buy the ashes?
you can always buy a little now and more later. it kinda help handle the emotional aspect.
as soon as you, specifically, sell.
i got matches with these songs: • **ievan polkka (feat. bilal göregen) (club remix)** by the kiffness (00:11; matched: `100%`) album: `ievan polkka (feat. bilal göregen)`. released on `2020-12-18` by `kiff records`. • **ievan polkka street drummer (cat vibing) [live]** by drippysdrip (00:11; matched: `100%`) released on `2020-11-11`. • **cat vibing to ievan polkka** by samstring (00:27; matched: `100%`) released on `2020-11-15` by `2527843 records dk`.
what a clown 😂
# is the way leaderboard **1.** `u-yogurtcloset293` **475775** times. **2.** `u` **22744** times. **3.** `u` **8888** times. ... **1586.** `u-clock2078` **27** times. --- ^(^beep ^boop ^i ^am ^a ^bot ^and ^this ^action ^was ^performed ^automatically.)
that's why i keep an empty ledger on my keychain
flexing usage only for now
definitely. show that hardware wallet on the keychain.
if you do not say it, nobody will know that your portfolio is -60%.
thank you eth. now i can be alone *and* poor.
but at the end of every sentence i said "not financial advice".
you’re only a bad friend if you told him to buy at 4k, not told him about it at 4k, he’s dumb for not doing research first
i dunno, he sounds more immature to me.
there is literally no way, short of putting a gun to his head, that this is not 100% the friends own fault. your personal finances are *always* your own responsibility.
but you can not guarantee anything (short or long term), including it is a dip even if that is what you 100% believe.
there’s like a 100% chance this would happen in the long term
someone did a club remix of it and it was super dope.
it's actually called ievan polkka(eeva's polka), which is an old savonian folk song. [the song performed by an accapella group loituma](
thanks, that led to a mini rabbit hole. funny enough could not find anything that resembles the beat from op's linked version. totally has an arab feal which made me think it was me.
[this is my favorite version of that song]( i do not anything about anime or vocaloid but the gun dance is a nice touch.
will the real bottom please stand up
nah just pen and paper when i’m board at work
hahaha. defiantly me too! ive just put my ethereum on a ledger now. i don’t plan on selling for a long time so prices are irrelevant. i just wish i didn’t tell work friends as it’s a bit of a roasting point haha
a month straight bleed isn’t a bleed, it’s a fucking crash. call it for what it is my guy.
uht. this is a crash. call the baby ugly
i mean…that’s on you bud. personally i happily just bought at . there could be more pain in the short term but if your strategy is to dca and hodl then i think we have a good buying opportunity here. obligatory, not a financial advisor just another moron in the internet.
im selling at 1700 but i bought at under 300 its all relative
new to crypto world, so was this just random?
yes. because i do not see a future where crypto does not exist. so at this point it is not a question of 'if' but 'when and which' solution will establish itself as a infrastructure of the future world currency and markets. cheap means i can better diversify and thus have a higher chance of including the winning solution in my portfolio. cheap is good. you see ash. i see opportunity. i'm so sure about it that i'm putting every spare penny into crypto. that said: i do not invest money i do not have and i have quite a safety fund in rather traditional assets just in case i'm wrong. it helps my diamond hands to stay diamond. worst dip you saw is 2018? i slept like a baby that night and bought more later on.
links to the streaming platforms: • [**ievan polkka (feat. bilal göregen) (club remix)** by the kiffness]( • [**ievan polkka street drummer (cat vibing) [live]** by drippysdrip]( • [**cat vibing to ievan polkka** by samstring]( *i am a bot and this action was performed automatically*[github]( [^(new issue)]([donate]( ^(please consider supporting me on patreon. music recognition costs a lot)
ah, i see what you did there: you weren’t paying attention to a previous post. you started commenting about trading fees when it was about staking fees, like the clown that you are. so you went to my profile, scanned through all my comments, found this one and thought ‘ hey, i’ll call him a clown and get my own back ‘ gtfo here lesson here for you pal, is pay attention 😂😂😂
how to look rich ep. 1
better than putting your creepto on it.
i’ll pay .05 eth for a fren
i do not know how new you are to this but i've learned many cycles ago that the only time you try to get friends into crypto is when the news articles are saying "bitcoin ". it's always easier getting people involved when it goes parabolic but the smart and kinder thing to do would be informing them of why it is important*before* it takes off. the price does not change the use-cases. that way the worst scenario is "omg i wish i bought when you told me about it"... or they have made a lot of money. i've been there before - got half my office involved near the top a few cycles ago. the sad thing is they sold for a loss and it is since gone higher than what they paid.
it was not enough. did you remember to write the "not"?
he can’t sue you at least. 😄
ok lol that’s a bit of an extreme statement. so if you straight up lied to a person that trusts you and they ended up losing money you wouldn’t feel even a little bit partially responsible for that? because if not you don’t have a conscience. you do always need to do your own research, but if you take someone completely green and don’t tell them any of the downsides, you still shouldn’t take anything from face value even if it’s coming from someone you trust, so it’s still mostly on them, but that’s why i asked whether or not the downsides were mentioned. if someone got me into crypto and didn’t mention any of the risk, and then i did said research and found out that someone left out all the things that could go wrong and told me one of the classic lines like “it only ever goes up, you’ll get rich next week, it’s 100% safe!” i’d be pretty pissed at that person even if i hadn’t lost a cent or invested more than , wouldn’t you? idk if that’s what happened, but whenever someone does that, it ends up giving a lot of people unrealistic expectations and then there’s one more person who’s jaded against crypto for the foreseeable future. i’m not saying the person i replied to is even half responsible, but if they gave misleading advice like “this thing’s going 100x next week bro, you need to get in on this!” they at least contributed.
yes i can lol i 100% guarantee that any given asset can increase or decrease in price drastically at any given time. we can’t knowingly declare what’s going to happen in the future on any time frame, but that makes it sound like you’re taking about straight up denying current price action lol we can’t predict the future, but the present and the past is right there on the chart. but regardless, you don’t need to even mention what you think will happen to let someone brand new know that price volatility is a thing, and if you fail to mention that little detail when you’re getting one of your friends into crypto, you’re kind of a bad friend, even if it’s still that friend’s fault for investing more than they can afford to lose. at that point you’re not much different than someone trying to sell their friends on a pyramid scheme, and that’s a big reason people who don’t know what they’re talking about keep calling crypto a scam. the only difference is that in that case they’re just misrepresenting a legitimate entity, but it’s still thisingenuous.
link?!? i need this in my life so bad please
it's from that [cat vibing video](
2x4 or more of a plywood vibe?
my ledger is broken, so i cannot sell until i really want to go through the pita of restoring my account from the multiple scattered backups of my seed phrase. we call that artificial-diamond hands
because i'm bad at day trading
lmao adding this to my vocabulary thank you
buy at 850 in two weeks. that's the deal. it's back up from there.
some would call it random, some would call it expected. whose to say? but i recommend going to coinmarketcap and looking at the eth chart for the 2017. there's a reason those of us from 2017 have been saying this all feels familiar. my opinion: whales drove the spike this time, which created hype, the whales have since taken their volume away, and the hype is going away with it. look at the eth trading volumes from the past few years while you're on coinmarketcap.
more china fud seems to be driving this dip.
the only thing that really “lives” on your physical wallet is germs.
cryptocurrency does not live nor exist anywhere. pure make believe.
yup, it stores my private keys to claim bitcoin stored on the blockchain. also .
you are sadly undervoted. this is indeed very true. that said, the thought experiment of providing a truncated time-line and letting people decide when to virtually buy, just to let them get through a abstract crash also provides enough insight for at least some people to make sure they understand what being paper hands is. most people get the data about why it crashes after the facts. they see a chart and nothing can be said with their inexperience about what will be the next dot, but they still think the next dot is obvious. until they experience a crash, that is, be it an actual crash or a thought experiment.
i'll say it again, your personal finances are always your own responsibility. it is up to you to decide who to trust. if you are not willing to do your own due diligence, that is on you. dumb people say stupid shit all the time. if i follow their advice, that is my own fault. they cannot help it, they are dumb.
all true what you say. for just me i am a skeptical one who lost a bit on ethe. the future could be very good for several cryptos, but also very bad. i can see the worst in it, gradual decline over years for most of or even all the cryptos. also, one could take over the market and explode up, but which one and when? charts don’t work.
don’t thank me, just buy the dip.
can confirm. day trading is like any casino game: the house always wins in the end, and you ain’t the house.
i’ll happily buy at that price too!
the lack of volume is really reassuring. there are panic sellers and the buyers are out of bullets. that causes steep drops on low-ish volume.
haha. no kidding, eh? we had to bump a project to next year because of current lumber pricing.
wait a bit and buy at . now that is a good deal!
yup yup :-). let's see how low it can go.
stores private keys that allow you to claim ownership of uxto i think is the most precise description. been going through andreas' bitcoin book the past few weekends to better understand. highly recommend it!
so the blockchain ledger has it recorded, the hardware wallet stores precious access info, but then where exactly are the coins being stored ?
eth will either be worth ,000 at the end of next year!! omg i cannot wait!!11
lmao…maybe i should start saving some cash then.
[tip this post any amount of ]( (by [6:23pm utc]( to keep it visible.
op's social credit balance: -600,000,000
an informative video about the chinese house bubble in case anyone is interested
[for those curious about the ghost cities of china](
instead we have massive ghost blockchains with billions invested in them and no product and sometimes no code.
papa xi probably sees this as a good thing. he has all the leverage at the bargaining table for a “re-structuring” deal, but can also go on a power trip and make large corporate executives, who thought they were “powerful”, feel the might of the communist party and beg for forgiveness while pledging allegiance to the state before, finally, weeping tears of joy, kissing xi’s feet, and becoming a propaganthist who sings the praises of the prc to all after a bailout on prc terms.
i read this yesterday that if this real estate company goes down it will break the share market too and soon recession. i hope this will not happen any time soon.
lol is that image real?
if anyone shocked, then probably they didn’t know the ghost cities in china. china build many ghost cities to keep economy running and show economy is getting bigger. and finally the game is over.
it's somewhat ironic bitcoin was made due to the housing crisis of '08 and now we are seeing history being repeated. this is why need crypto defi and not banks.
looking at you - us rural areas that let 'real estate developers' tear down swaths of forst and build ticky-tacky housing plans
theyve rapidly moved more people to cities than any other country before has, the ghost cities fill up quick enough
to be honest it will probably pan out for them in 20-30 yrs. they are good at that whole long term planning thing.
maybe we should ask them to take in our homeless?
why is this in r, let alone at the top of the page!
that image is actually thisturbing. not even one street and there is building left right and centre. talk about wasting resources.
see, this is where the western media narrative is idiotic. most of these have been filled the last ten years. i remember 15 years ago driving on the george bush freeway in dallas metroplex. lots of empty roads. looked exactly the same but with roads instead of buildings. but what happened? they got filled up. same shit in china except for housing. trying to get ahead of a problem. most of y'all here are not doing anything except upvoting the same news propaganda that your media gives you, no different than chinese people. but yeah go ahead and pretend you're an evergrande expert.
yep and they fucked everyone else with them. if they dont get bailed out expect this is a gift that will keep on giving. it’s not a gift, it’s a curse really an unwanted nightmare.
you mean to tell me that the economy of a communist totalitarian nation is doing badly? shocker.
suprised its taken this long tbh
i am surprised that they have built it lol, sometimes money just poof in to the crisp but thin air 😁
just china doing china things.
the, "if you build it they will come," theory does not always pan out.
just even looking at that picture makes me think that my cities house prices would be fixed if they built a shit load of those buildings.
aren’t most of these already sold though? kind of seems the start of a new city? with bad management?
but gdp goes brrrrrr!
large scale pump & dump?
in the usa we don’t pay that much attention to what is footing elsewhere
i'm from spain, so pretty used to it.
china is the worst
if you build it they will come
no… a little research and you quickly see it’s basically a front for the chinese government but that shouldn’t be a surprise as they control everything
communism, gotta love it!!!
they are building these ghosts cities to inflate their economy.
most of these won’t be filled unless china makes them move there.
is this a real picture?
nope! just upset at the impact it had. didn’t think it would shock the market this much
chinese thought that making road and construct as many as building make their gdp ( gross domestic product) at some point which had happened but crossing the line lend them in crisis
not at the news but shocked that we are thinking about getting some good returns on the investment and these guys are building fucking fake cities
it’s funny watching commies turn this into criticizing the west
didn’t those all get blown up at once?
leverage mate, it’s the leverage. just like crypto, but just like the real estate sector - they don’t want to talk about that. when this shit is going to blow, which it will, crypto is going to take an enormous shit.
i don’t blame the chinese citizens. these people have nothing else to invest in besides real estate. the communist despise stocks and crypto.
crazy they wasted money like that to not put their residents in.
ok i have the perfect solution depending. where exactly is this. and there are hundreds of thousands of immigrants needing somewhere. genius eh. thank me later.
china! a very big problem...
one interesting thing is, once china's government takes evergrande over (or at least partial ownership), they could potentially re-purpose a lot of the un-used properties. it could be very cool to see a lot of these super-complexes come to life under government. the downside is, china could very well wind down its involvement in the "capitalism experiment" which means much less chinese money flowing into us investments which would create a noticeable dent.
i’m shocked, it tell you! shocked!!!! ⢀⣠⣾⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⠀⠀⠀⠀⣠⣤⣶⣶ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⠀⠀⠀⢰⣿⣿⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣧⣀⣀⣾⣿⣿⣿⣿ ⣿⣿⣿⣿⣿⡏⠉⠛⢿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡿⣿ ⣿⣿⣿⣿⣿⣿⠀⠀⠀⠈⠛⢿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⠿⠛⠉⠁⠀⣿ ⣿⣿⣿⣿⣿⣿⣧⡀⠀⠀⠀⠀⠙⠿⠿⠿⠻⠿⠿⠟⠿⠛⠉⠀⠀⠀⠀⠀⣸⣿ ⣿⣿⣿⣿⣿⣿⣿⣷⣄⠀⡀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢀⣴⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⠏⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠠⣴⣿⣿⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⡟⠀⠀⢰⣹⡆⠀⠀⠀⠀⠀⠀⣭⣷⠀⠀⠀⠸⣿⣿⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⠃⠀⠀⠈⠉⠀⠀⠤⠄⠀⠀⠀⠉⠁⠀⠀⠀⠀⢿⣿⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⢾⣿⣷⠀⠀⠀⠀⡠⠤⢄⠀⠀⠀⠠⣿⣿⣷⠀⢸⣿⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⡀⠉⠀⠀⠀⠀⠀⢄⠀⢀⠀⠀⠀⠀⠉⠉⠁⠀⠀⣿⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⣧⠀⠀⠀⠀⠀⠀⠀⠈⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢹⣿⣿ ⣿⣿⣿⣿⣿⣿⣿⣿⣿⠃⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢸⣿⣿
what does this have anything to do with crypto?
they should take all the refugees lols. so many empty spots
actually, those cities are being built before the demand hits. they know they are moving towards a more urban populace and they are getting ahead of it with the construction
it could be that china does this for long term result. have the infrastructure first overtime people will move there even if it take decade or more. high risk though. they might bail out evergrande but the company would not be as big after this.
i’m not here to support china or anything but western media is just full of lies and spreading misinformation about everything... and sadly many people just blindly agrees with whatever they say. what a sad world ...
china should lease out these cities as party cities. or for movies... but imagine transporting ppl in and charging them for room and board while filming...
it’s almost like central planners aren’t as good at predicting the country’s needs as a free market…
u[tipped]( you 7.0 donut!
lol china has the world's largest population what are you talking about
i feel like china's plan is to burn out the world's resources until the only place to live is china.
talk about wasting resources. they are misusing it
fuckin commies. bring the downvotes idc !!!!
uhhh homelessness problems with population of 350 million. 20-30 million at risk. homelessness problems with 1.3 billion? …
is that hudson yards?
that photo looks weird, wouldn't you build roads first? in tx ive seen them build the road layout before they build the buildings or houses.
leave it to the ccp to call themselves communists while taking state controlled capitalism to the extreme. lol that sentence hurt my head
splain about the ghost cities please
china should not have been using 4x game strats irl
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [etc]("last usage")[coin] ethereum classic [eth]("last usage")[coin] ether [ltc]("last usage")[coin] litecoin ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 25 acronyms.) ^([thread for this sub, first seen 22nd sep 2021, 19:27]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
this is a country that is moved millions of people just to reroute stover, why are people in any doubt china cannot pull this off.
it’s free real estate
not shocked at all. my biggest worry is central banks will continue to step in and bail out garbage like this.
for 7 years those buildings and many others stood unoccupied, only to be destroyed ... why ?
the ghost cities thing was kind of a myth. they filled them eventually. i can’t believe they wasted the construction that had been done though. were they built wrong?
no but i cannot believe that dumb dumb donnie trump was not invested in it
media can easily make the best into worst and worst into best ... trusting media is just stupid
you have to compliment it with enormous migration for it to work.
what is the red stuff
corrupt officials will be converting their assets into crypto and then leaving the country. everything they say is a lie.
but the govern supported behind.
and this is in this sub why?
that picture looks like my cities skylines playthrough
it be the 2008 situation for them they will do the same thing america did cause they chose fiat unless the goverment does nothing they will have to step in and bail them out witch will cause them inflashion they been buying there bounds with there digital cash so i'm not surprised if they dont do it
is this not a pic from the movie idiocracy
not shocked at all. i remember watching vice where they did a story in the city in china to replicate paris including the eiffel tower. and of course, nobody lives there. so strange.
is this a new pubg level
if you guys don’t realize they they are doing this to invade here, you’re retarded
why would i care? i used the dip to buy more precious crypto and moved on with my life.
lol americans, pot, kettle
i bet the asians who got b's in their school got the jobs, instead of the a+ students
wow! that’s really messed up!
i’m not shocked. i was expecting this to happen for at least 5 years.
does this really exist or this is just one of those memes. because there was ghost cities in usa too at one point, now you cannot get a house anywhere. china is fucking huge and being in us we do not get the full story only snippets.
wheres the logic here
fuck china , i'm curious did the 2008 bubble mess with china's economy like they say this one will mess with usa markets an crypto etc 🤔
their economy is just like their products cheap quality + copy cat...
comma every three zero's my dude. -600,000,000
looks like he is even the victim of social credit inflation!
it's really a bubble, an old apartment in tier 1 cities like beijing(usd). typically, 3 generations (grandparents, parents, child) pool together their savings in order to be able to afford a house.
his channel is addictive. thanks for the binging material.
the video explains a lot. hard to understand how people can afford to live this way
i've been watching him and c-milk for years now. they totally schooled me to what china is really about, i've been calling things based off of their info for a while now, and i feel like more people are starting to wake up to what china really is.
really enjoyed that video. thanks for sharing.
keep in mind, the video was shot in 2013, i can only imagine how much more dystopian these cities must look nowadays.
that video is two years old. so much has happened since then. in fact, some of these ghost cities are filled right up. already filling up the next ones. china plays 3d chess. everyone else is still on the checkers tutorial. evergrande will be a non starter. in a week or so it all blows over.
goin to watch it now...looks interesting
meh. china is just anticipating the needs of its rural population who will soon find their rural jobs non existent. the alternative is shanty towns, slums, and a vast amount of infrastructural debt from poor planning.
wtf is ghost blockchains? pls explain this new tech to us mere mortals.
woah, wdym no code? like, they copied it from another one? or that they literally have no code?
do said ghost blockchains have nfts...? i'm interested 😁
what?? you mean magic internet money isn’t real?? whaaaaaa😜😜😜😜
software vs hardware dude
nooo but it is the fuuuuture
what if he does not bail them out, instead letting them fail, thus proving himself more capitalist in practice than the us? 🤔
you & me both. i have wayyyy to much invested all over the place to take that kind of a hit. let’s hope doesn’t happen. luckily am still young, so whatever happens, still lots of time to recover.
it is needed to have this kind of companies going down sooner rather than later. otherwise, we're just dooming our children to have it happen to them, but even worse. that's why delaying recessions is so dangerous: it only builds up the problems until it becomes unavoidable and wrecks everything on its path. very short cycles are nearly hurtless, while very long ones are the painful ones. it's just like necrosis: better cut this finger right now than cut the arm or even die from it.
google “china building demolition”
sure is. just one of many that could have been chosen.
absolutely. check out r'll find plenty of content about newly-built chinese ghost cities.
the realization that countries are run by oligarchs and fueled by the underling mules is the only take away. during any catastrophe or economic blunder created in any country over the past 6 decades the oligarchs got even richer. the reality is the same in every country… we are the mules.
but people actually live there.
not really the same thing. environmental concerns =/= overbuilding housing to the point it is all pretty much worthless.
i agree. am not trying to target only china with this post. they are just the ones in the news lately causing mayhem in the markets. the us has their own issues as well when it comes to real estate (currently & previously).
yeah because that only happens in the us. yawn
🎶 *little boxes made of ticky tacky little boxes on the hillside little boxes all the same* 🎵
today the are some of the most expensive parts of the country.
yeah, everyone points to these “ghost cities” as total failures and false boosts to their economy, but actually it’s solid forward planning by the chinese government as most of them do fill up. people don’t seem to understand the china is in the midst of the largest societal shift ever seen, with what will be in the next 10 years the largest middle class population anywhere. the middle class have thisposable income, want to own homes, and provide the most to the economy. this is good business. we just don’t like it because china, and everywhere else in the world housing is in crisis, with nowhere near enough supply to meet demand causing massive housing bubbles. if these bubbles pop, there will (again see 2008) be millions of families broke and homeless the world over
american urban sprawl and car culture is not exactly a shining example to hold up to the light...
media is far from perfect but to compare western media in general to media controlled by a political regime is ridiculous lol.
comparing 'empty' roads with 'empty' houses does not make sense tbh. also in the u.s atleast the media houses have 2 perspectives. china has none. i'm not defending the american way of dealing with the market, and that is why i support crypto. but china is literally a hopeless totalitarian state that just cannot be compared. just my view!
dude i totally agree. people get 100% of their information from news and think they are expert ... media can easily make the best into worst and worst into best ... trusting media is just stupid
uhh there is video evidence of 15 newly built towers in china being demolished because there was no one to live in them. so much for getting ahead of the problem.
thank you certified chinese property market expert!
they've been *purchased*, not filled. ownership is what the rebuttals base their stance on. at best 10% of these are actually filled, the rest are crumbling.
no man. this is where biased comes in. they are building these ghosts cities to inflate their economy. most of these won’t be filled unless china makes them move there.
why are people downvoting this?
they're more planned central economy, than communist at this point. also, it is not exactly doing poorly.
i thought we are not allowed to say this 😂
china is not comunist. they may pretend, but truth is they are more akin to state capitalism with french fries. i mean, the state has a majority stake in all chinese companies, but you can totally invest in chinese companies if you want, its not quite obvious, specially if you are a foreigner, but that is not very comunist, its very capitalist in fact. also the belt and road initiative is not very comunist either. china, as a country, is probably the most voracious capitalist state in the world right now, and you do not need to look so much into them to see that the wealth generated by it is not being equally divided among the citizens.
probably been propped up for so long by ccp and now they are gonna make an example out of them or something is my guess since xi is mao part 2
believe they were all started right around the same time (early 2000’s). i will say that a few of them were successful (depending on whether the cities created jobs or not), but many still are ghost towns.
and now, their about to fuck the worlds economy
my wife & i actually visited china a while back & as part of our trip, we made sure to go visit some of these ghost cities. is absolutely insane & surreal to stand in the middle of a city (with skyscraper buildings) & it be dead as can be. was actually something i’ll never forget.
because evergrande is what’s currently causing mayhem in crypto (and all other markets)….
we had a dump because of evergrande
you under a rock?
those ghost cities dont get proper upkeep too, so the few people who move in end up very unhappy because of all the pests and poor condition of the surroundings.
maybe & may all turn out ok in the end. all i know is having huge ghost cities currently uninhabited can’t be cheap & with everything in the news lately, is just not a great look atm.
but who will maintain the buildings and the surrounding areas if they remain barren?
gabby petito filler when nothing else to talk about. missing white woman.
reminds me of a few movies i've seen. would actually be pretty fun to live in a ghost city imo.
you have my upvote mate! let them censor us. they cannot supress our freedom of speech.
hi inevitablecomplex895, you have successfully tagged the parent submission by the title of "*is anyone shocked by the evergrande situation?*" with *media* flair. *i am a bot, and this action was performed automatically. please [contact the moderators of this subreddit](/?to=) if you have any questions or concerns.*
i’m not did shock. i wast expecting this to befall f'r at least 5 years *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
the ‘08 crash fucked with everyone, jfc.
thanks for the correction, i typed that sideways in bed as i woke up lol
use spaces. comma has different meanings in different countries...
tres commas, but the opposite kind
in asia, it is 4. not the writing, but the words.
your social credit balance: +600,000,000
told by who? news is always pulling the trick of using the passive voice to hide the perpetrator.
i knew it was bad over there, but what the fuck
yup, his experience and 1st person pov is what makes it invaluable. it's really easy to get swayed by what media says.
most of them have actually filled up and are in proper use now. it was just foresight and planning that looked ridiculous because of the scale things have to be at in china because there are so many people.
full or filling up fast.
so dystopian > oh this one is really bad > this one use to be a fishing village now it’s a dystopian hell hole. damn china >
it’s funny watching westerners trying to speak into existence a self fulfilling prophecy of doom in china because of the evergrande debt situation and some ‘ghost’ cities.
ghostcoin launch coming soon! look for ghst ticker
you heard of cardano?...
i think this guy is a little confused, it would be impossible to have a blockchain with no code, otherwise what's building the blockchain? if i had to guess i think he means smart contracts with no code but honestly not sure.
he meant copycats highly probable
usually it means they have made a website that presents the idea of what they want to build and have received investment, but have not actually built anything (written any code) yet.
yeah seems like you do not know a whole lot about investing then? like the signals to hedge your positions were going out like a month ago, not to mention if you're young and you keep investing as long as your horizons are out far enough any downturn will still give profit.
can you explain it briefly dear sir 🤔
could someone potentially go there and live for cheap?
the ideals in the founding of the usa were meant to buck that system. the populous keep willfully and gleefully voting away their own sovereignty. some humans are greedy. it doesn’t matter what ethinicity they are, or whatever they identify as, or what country they are from. things will always end the same way unless people actively push back against it.
i’d say more like “we are the donkeys”
not always; these things get overbuild. then, usually kind of people move there who are not great for neighborhoods nor the jurisdiction. they're just being siphoned for taxes; they resent it, and stay uninvolved. leading to extra nepotism.
i just did some back-of-the-napkin math, and compared to china's 30m vacant units, we have about 2.25 times that per capita in the us. it's way worse. edit: the thing that confuses me is that rent in china is incredibly cheap compared to the us as i understand it. the price of rent clearly has nothing to do with supply of housing.
if you have a beautiful natural landscape and tear it down to build a cheezy housing plan, you still get something worthless — or worse, something worthless in 30-50 years that just makes for bad-everything until it crashes completely
china has a lot of empty housing - like 30 million units. they could house all of germany. but we also have something like 15 million vacant units in the us. for reference the population in both countries is china: 1.446 m us: 0.333 m
us causing mayhem in iran and many other countries with sanctions. stfu?
you can stop them too. it's cool.
came here for this comment - the western ‘ghost city’ trope is so outdated. i thislike the ccp, and would never be interested in travelling to china, but it’s objectively clear that their forward city planning is a contributor to their path to domination. there was a really profound image i saw a while back of us news sites mocking china for building an underground station access point in the middle of nowhere, then beneath it is an image x years later with what appears to be a full city surrounding it.
who the fuck wants to live like that tho. that looks like a terrible environment to live
endlessly maximizing wealth at all costs is a real winning strategy for destroying the planet and ensuring people are exploited and miserable so... yeah let us get that wealth.
try, but realistically we wont...
you’re not not that stupid , you didn’t use the word ‘y’all’
not comparing the medias. comparing the "readers". both countries are mostly filled with people swallowing propaganda.
>media controlled by a political regime that's pretty much what we have in the us at this point, though i agree team china is way worse.
lol yeah ok you keep thinking that the media in the us isn’t controlled by 1 party
it's even worse. the capitalists report fake news for profits and political influence. they are promoting every degenerate theory to debase and dilute the population while they continue to profit. yeah all the shootings and crime are done by... we're all equal though!!!
uhh the media may not be 100% controlled like a chinese or north korean media outlet, but you cannot possibly thisagree with that most major american media companies are in bed with a certain political party. the bias in the media is undeniable.
it's clear from your posts that you do not really make an attempt to understand the place. just by calling it hopeless means you're not willing to consider that different countries may have different perspectives about the best way to do things. after all, why engage in a debate or doing any research when you could just call anyone who thisagrees with you a commie?
the fact that chongqing did not exist in 1990 but is now the most populated city in the world refutes your point. that is categorically not true. people move to where jobs and housing are.
taken the trip since? i've gone lanzhou to beijing eight years ago and did it again recently. there are a lot less of them unfilled now.
because commie bots. i don’t care.if the truth hurts.
because this is reddit where everyone’s a commie retard
because it is a wrong. they are fucking up currently by over extending but since taking over in 1949 china has gone from 3rd world country to the second highest gdp. writing off a country because they are run by horrible people is stupid and dangerous. ccp is not going any where anytime soon
communism always ends up leading to central planning. see history for numerous examples. as far as doing poorly, we only have the numbers they give us, so that is hard to say. but evergrande let us us take a peak, and it is not looking pretty. combine that with basically all of wall street actively avoiding chinese markets because the earnings reports cannot be trusted, and it seems like there is definitely something fishy with the financial markets over there.
why? i'm pretty sure this sub allows free speech. crypto is an advocate of free market. free markets do not functiin without free speech!
that’s on tiktok. lol
amazing that you got to actually see that. i bet it was surreal
that would be so creepy but a cool experience to see first hand.
but that weird. communism is such a great economic model. i mean, look at cuba. they don’t have those problems. or anything at all.
i thought the reason why those building were abandoned was because they had faults?
eyo! ‘tis the ole imf playbook! looks like they learnt from the ‘best’ or the imf is pivoting their sphere of poo spreading, or the imf has a new base of operations?
no. it's part of the capitalist expansion. it's not even incorporated in china, and is publicly traded on the hk stock exchange. it is *not* state owned. a lot of corporations in china have begun to operate this way. now that is not to say that the ccp does not have direct insight on all of evergrande's books, but they do not control evergrande's operations. this will change in the coming weeks, however.
or... evergrande blame china is a convenient narrative for the ten thousand different things that are going on. seeing as crypto and stocks are plummeting to lows not seen since...early september
i wish our market was more free than it is
wtf? stop being racist mate!
20 minutes screen free first thing in the morning will help your brain 🧠 not good for your eyes mate
give this person a chocolate chip cookie. and make sure it has double chocolate. thank you for your service.
yeah, i knew the situation is bad but guess we all got the message from these chinese guys?
over there!?! a lot of homes here are nearing 1 million mark.
my life dream is to win the lottery so i can finally afford that nice 350 sq ft apartment with no toilet in downtown manhattan.
that's a relief to know. that is, assuming the rates are not butt fucking chinese people in order to get rich chinese people even richer. great username by the way.
one of the few cases i'm very glad that i'm mistaken.
nice try, chiching pooh
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is cardano eth killer? lmao, most of the said eth killers end up dying abruptly i really do not see cardano as a threat; the new found threat to mot crypto project is ore network. these guys are seemingly targetting tech giants against data handling and using clients data for corporate gains.
better yet, code with no smart contracts. looking at you ada
those buildings were partially built as part of infrastructure projects, the idea is that if they aggressively build houses, that will boost the economy growth. some of those projects found residents and fulfilled their objectives, some others ended up unfinished, abandoned for years and got damaged by the rain
without any resource close to you, i do not see how you'd be *living* for cheap. but housed for cheap, sure, if you're ready to comply. as for the electricity, food and water, that is another story.
it’s easy to control the masses. many are uneducated and don’t realize they are being controlled. it’s amazing how both sides fight viciously not even realizing their interests aren’t even taken to heart. hurts my soul.
when the us was founded, only white males who owned property could vote. not exactly a system built for the common person.
pushing back requires your government not to be a monopoly of coercion in the first place. by definition, as long as it is a monopoly of coercion, aka a state, they are the ones deciding about what happens, they are the ones having the monopoly. you cannot keep it in check. to make sure you can keep it in check, you'd first need to maintain a status quo of governments not being states.
the founders were oligarchs who created a system preserve oligarchy. yah know with the land ownership for voting and slavery... thought that was obvious
> the ideals in the founding of the usa were meant to buck that system the founding ideals in which only white male landowners could vote and the public was called "a great beast" by hamilton?
but how many of those vacant units in america are new construction? big difference considering america has tons of houses that are 50+ years old. most of china's new construction is still in debt.
houses in the us are built to a minimum standard, they are not going to fall apart in 30-50 years. i'm not a fan of the way many new neighborhoods are laid out but the houses are hardly going to be worthless. if you're that worried about the landscape, move west (not to the coast). there are thousands of square miles of uninhabited land.
china has substantially more than 30 million empty housing units. all the houses% of them filled. most are not even suitable to live in (houses- no wall coverings, no paint, no appliances, no plumbing fixtures).
well they don’t just get left like that, there’s still development to be done in that pic
good god, you all
using vernacular doesn’t make you stupid. this is social media, not a thesis paper.
i feel refreshed when i find people like you that see through the bullshit.
lmao, this is so completely false i can tell you have never been anywhere outside of your bubble. conservative media has complete control over radio, local news, and fox is the most watched msm network. if you head anywhere outside of the city or the burbs the only thing you see on tv in bars is fox news and sometimes football. go on to any job site and some right wing talking head is talking gibberish. head into any truck stop and the same nonsense is blaring from truck radios. talk to any night time workers and they all listen to radio too…all right wing bull shit or pseudo intellectual nonsense (looking at you coast to coast). but ya sure…because anderson cooper is popular at prime time “the media is all liberal!”.
>1 party my man taking the media narrative hook line and sinker here, while truly believing he’s seeing through it. it’s both sad for you and scary how effective it is. it’s not “1 party”, it’s one class. the wealthy elites work together and control the mainstream media and the establishment of both political parties. but they get the rubes to truly, deeply believe one party is the bitter enemy and one party is the hero, so you never look up and see who really holds your chains.
this idea just occurred to me so i'm not owning it as opinion or fact and it is absolutely a byproduct of a business strategy course i'm currently taking: maybe the media is just using a differentiation strategy to appeal to thistinct market segments and those segments are most easily defined by political leaning. the fact that certain political figures are invested in media outlets is just a development of linkages within the medias value chains. by being the conservative media or the liberal media these companies are just clarifying their strategic positioning. it's a customer intimacy value thiscipline. for some of these bigger companies the threat of substitution looms on the horizon as the internet undermines their client base, so they have to use their scale and scope to try to sway politics as much as report on it. edit: this is entirely half-backed on the fly.
understanding what? how the chinese govt functions? closing all the external markets and creating cheap clones internally? pushing economically weaker countries into debt traps? commiting mass genocides? silencing the media? injecting the communist propaganda into the universities of the u.s? funding the fucking taliban? are we seriously defending an auth-left totalitarian state on a sub about free markets and free speech?
fuck them, no one can has the right to supress free speech, not on a crypto sub atleast. i do not care about the downvotes, let them come.
communism is no worse than this us democracy created by the worst anglo saxon bandits kicked out of england. think about it, the scum of england were sent over to the new world and they saw all the rich land and there was a big ocean between them = revolt and keep it all to themselves. us has been living off of colonialism for 200 years stealing land like a bandit and then the space age secrets from adolf hitler to build their air force and space program. all while celebrating their piece of paper on political theory as a cover. without colonialism, the citizens are paying over 50% of their labor to taxes and the ponzi scheme of social security.
yes. note that it was a starving shithole during the great leap, and things only improved once china adopted market reforms and dropped the hardcore communist maoist stance ~ 1980. so, i have a hard time giving credit for that to communism, totalitarianism, or the ccp for that matter.
you're conflating individual companies with the economic strength of the nation.
it’s sarcasm. the woke crowd doesn’t like you talking about about communism. their motto is “free speech for me but not for thee”. free speech only applies if you are saying what they agree with. get yourself banned on reddit just like every other social platform.
yup, i highly recommend it. i forget the names of the cities we visited (will have to go check), but the creepiness of standing the middle of a huge city & being able to hear a mouse fart, was absolutely insane.
let me guess you've never been to china *or* cuba, and you cannot define communism *or* capitalism. to even talk about chinese and cuban models as if they are anything alike, shows how little you understand either. that would be like claiming the american and japanese economic systems are identical. please man, take many seats. and as someone who *has* been to cuba, it is a beautiful country with amazing people. don't listen to mindless american xenophobic propaganda.
wtf? 🤦‍♂️ you’ve officially gone full retard
you're not my real mom
just enough time for a coffee & first shit.
i have to put that in my brain
yeah it’s so funny how people are so surprised that homes in major cities in the second biggest economy in the world are as expensive as homes in objectively mediocre western cities like toronto.
i think you mean with a multifunctional sink!
more like 100sqf - toilet, washroom, bedroom; borderless bachelor.
can always use a bucket, then thispose of out the window.
but the toilet is just outside your door😁
no you’re right there’s a lot more place like these in china.
the new eth killer!!!!! eth bout to become a ghst.
the joke is cardano is a ghost blockchain, not saying anything positive about it.
i'm referring to the fact that cardano has an insane market cap but basically no network activity yet. last i looked ltc had 10x the txns that cardano has. that would make it a ghost chain to me. or like etc chain is a ghost chain.
ada has smart contracts now though.
ada did nothing to you...
the political class is good at what they do but it is also fairly easy to see through most of their bullshit if you just pay a little attention. but most are thistracted by the shiny object.
one has to look past the imperfections of the founders and see the potential of the founding documents for what they are. yeah, there were assholes present. there are always assholes present. that’s the point. don’t give the assholes too much power. but we always do in the end.
sure some. but not all.
until that too gets hit. why decimate eastern forests? north america has one of the first unique hardwood forest ecosystems in the world. it should be returned to it former majesty, not trivialized in the way you’re speaking.
well i was referencing a number cited from financial times for that one, cause i was just reading up about the whole situation. it's pay walled though, so you might need a browser extension to go read it. i think it is worth talking about the quality of the units for sure though. from what i've heard, just in general, it seems like the us builds a lot more luxury housing that people cannot afford, while china builds a lot more cheap, tiny apartments. the ghost city you referenced was built by evergrande, but as i understand it, it has been demolished, because as you said, most of it was completely useless and impossible to finish. maybe that does explain why the bubble in the us has not popped though, if the empty housing is higher quality, so it is valued better for borrowing purposes.
aww that’s cute, the ‘mericans are offended 😘
the media is all liberal, but not in the way either of you mean. it’s classical western liberal in that it is pro-free market capitalism and the status quo for western industry. the vast majority of conflicts between conservatives and liberals are over culture war issues that ultimately have no bearing on our country’s economic elites. both conservative and liberal media outlets have a vested interest in drumming up sensationalized culture war outrage that keeps people screaming at each other rather than about reforming the system in their mutual interest. to be clear, this isn’t meant to be an endorsement of china’s media either, they’re just fundamentally both serving the status quo of each nation’s ruling elite.
interesting perspective. thanks. it’s nice when you look at things with an open mind and put biases aside.
you’re only seeing the glue beneath the veneer here. the real structure underneath, according to their own, open admission: is the cia, and to a small degree, the rest of the alphabet gang.
except they are auth right and have been since deng.
upvote for you my friend.
*gets a bunch of upvotes* have a nice larp there, friendo?
communism is undoubtedly worse than the u.s. democracy, both in theory and in practice. don’t get me wrong, the u.s. is fucked up big time. but just about anyone that’s lived in a real communist country and escaped to a western nation will tell you just how much better that u.s. democracy is.
well if you are going or say evething is a lie why even ask?
individual companies tend to be the ones really running countries though.
isn't the economic strength of a nation defined by the companies operating within the economy of said country? if not, then where does is it defined?
that's the irony of the extreme economic left today. they wanna cancel everything if it is not politically "correct" to say. let's get ready to get brutally downvoted mate!
spoken like a true entitled blind american communist. do you even speak spanish? i am cuban you dumb fuck. i see the people risking their lives on makeshift rafts because they would rather drown in the florida straits than spend another minute in that hellhole. i talk to them every day. because my very own family members did it. so shut the fuck up about shit you have no fucking idea about. went to cuba as a ticking tourist and you think you know shit. go back to reading your stupid manifestos and commenting on the internet. fucking piece of shit.
go ahead and downvote. i don’t give a fuck of the truth hurts.
you guys have crypto?
lmao perfect choice of mediocre city🤣🤣🤣 also would've accepted cleveland
here you pay a million for an apartment in towns with a population of 2000 as long as it is easy(~30 min) to get to the city by public transport. (and i'm taking about what here is considered a large apartment of 130m2=1400square feet or less). in the city that is more like 2-3 mio.
this is a very good comment.
time to sell. buy the rumor sell the news.
for the record ada has done nothing for any of us
the shiny "free" stuff.
it’s literally the system they made. voluntarily. to preserve the oligarchy with them at the top. northern. the founders didn’t give a shit about the people. lol they could have made any rules they wanted and they just happened to establish a system built to secure their class interest.
> i think it is worth talking about the quality of the units for sure though. that's actually another topic of thiscussion. the units being bare is considered a "feature" in china because new buyers want to completely customize (ignoring the fact this costs a ton more money). to make matters worse, the workmanship is usually shoddy. i'd be surprised if most of the buildings last longer than 30 years. they're built to maximize profit, not to last. > maybe that does explain why the bubble in the us has not popped though, if the empty housing is higher quality, so it is valued better for borrowing purposes. i'd argue that it will pop but differently. the luxury housing market will eventually hit a breaking point at which prices will drop low enough for average consumers. the demand for housing is there but construction companies are not interested in serving it for now.
tfw you want to be an elitist but aren’t actually better than anyone at anything
based and politically literate pilled
yup. you get it. very well said. my main goal was refuting that “one party controlled the media”. however, as you mentioned…the media serves the status quo. and those same influences are embedded in both the dnc and gop.
they are communist authoritarians.
us was "good" because they were stealing from others for a long time. pretty easy to live the life of enlightenment when you have slaves working the land you stole and sailing warships creating mayhem all over the place for favorable trade agreements with puppet dictators. now the jig is up and the us is going on the fast-track to shithole. the political theory is a piece of paper. people survive on what is produced from the soil.
not in a one party state
as a collective, sure. but one company over leveraging does not mean the us is collapsing, either.
obviously reddit is extremely left leaning overall, but surprisingly, most people i have talked to in any crypto subreddit seem to be right leaning. 🤷. defi and the government staying out of our business right side. little to no regulation is the complete opposite of the left. left likes big gov.
yes i have family in and from cuba, you psychopath. a lot of my family are afro-cuban. do you feel better after your little tantrum? are you ready to have a big boy conversation, or are you gonna spaz and cry some more? its so weird hearing you spew all of these cuban stereotypes and deeply insulting things. you claim to be cuban, but call the country a hellhole? i'll ask you again, have you ever been? because, in between your spastic insults, you never answered that question. i do not think railing off a bunch of hateful, racist stereotypes of cuba and cuban people really gives much credence to the idea that you're an objective person. and simply being decended from cuban people does not really mean shit either. and, at the end of the day, i made really valid points that you totally ignored in lieu of crying and whining. if you really wanted to prove a point, prove me wrong, do not just launch a myriad of insults.
that’s not the truth lol
comparing cleveland to toronto is idiotic. toronto is a great city.
lol haven’t been to cleveland but will take your word for it
a population of 2000 is tiny - my hometown had roughly that and our highschool only had like 45 kids in it. apartments are not really a thing unless you have tourism. anything within 30 minutes of a city would be much larger than 2000
i have no idea what other meaning a ghost blockchain would have than that lol. thought the ethereum sub would love that cardano jab lol guess not
nah. time to sell would've been before sept 12th when smart contracts rolled out. plus i'm not selling shit right now. i'm staking and holding most of my eth and ada currently.
that's true... but what can it do for us...
in another comment, i was wondering why it is that the us has more housing per capita, but in china, rent is so much lower. i'm not sure what housing policies there in china that would lead to this exactly. maybe that would explain the different behaviors of the two markets. in china, they build to put as many people (or potential people) per square foot as possible. in the us, they build to fit as much value per square foot as possible instead.
til making a joke about vernacular makes me an elitist, that was easy, the bar is lower than i thought
whilst these assholes are also not to be trusted ( they are well known for being in bed); here’s an article:
don't waste your time feeding the tankie troll. they're the worst.
i don’t get what you’re trying to do. defend communism by saying the u.s. did mean things too? guess what. until very very recently, the entire world was stealing from and killing eachother all the time. in many capacities they still are. every region, culture, country, religion throughout the world has done terrible things in the past. the strong win and the weak lose, and yes, these historical events have had ramifications that impact the present day. i’m not here to have a dick measuring contest about who did worse things hundreds of years ago. i’m talking about the function of economic political systems. the u.s. is good because it embraces the free market economy and puts individual rights and liberties at the highest priority. that’s the key difference, and why it will always be better than communist nations.
i’d say it depends. china specifically. i’m sure some high profile ceo’s still have pull with high profile political figures. corruption is everywhere.
yes and that is the reason why i as an economically right person support crypto. it's absolute freedom in the economic space.
well yeah, but i do understand the reality of what’s happening in cuba and venezuela. as i see and listen to those people every day. so reading nonsense like “it’s a beautiful country” makes my blood boil. saudi arabia is a beautiful country. vietnam is a beautiful country. in fact pretty much all the geography of earth is beautiful. it has not bearing on the atrocities being perpetrated in that beautiful landscape. and yes, the usa has some pretty ugly shit going on as well. a right wing party embracing racism, xenophobia, wanting some kind of christian sharia law to run the country, and that’s just for starters…. but don’t go telling me that cuba or china is a fucking parathise.
never been to cleveland, but toronto is absolutely not a “great city”.
ada has gone up on nothing but hype. now that they actually have functionality it will have to deliver results. results are a lot more difficult to deliver than it is to market vaporware.
we need to summon the mythical flava flav.
smart contracts for one
> in another comment, i was wondering why it is that the us has more housing per capita, but in china, rent is so much lower. likely due to china's income thistribution. rural areas and smaller cities are incredibly poor (many more people per house).
you are accrediting the success of the us to some political theory, i am accrediting its success to banditry. which is why the poor saps the us tried to spread democracy to inevitably failed. not every country has a military sailing the high seas world-wide causing mayhem.
and people think its just the boomers that hate crypto rather than the establishment crowd. replacing the current roster of old politicians for young people aint gonna remove the problem of politicians that are against crypto loool. its the concept of not being able to control something that is decentralised that is the rrason why some politicians are against crypto and its not because they are old. for example cynthia lummis is 67 years old but supports crypto.
i can agree with part of your statement. you thisagreeing with my description of my own personal experience of communicating with fellow crypto enthusiasts by calling it ignorant, is in fact ignorant in itself since since you lack the knowledge of my personal experiences. i will chalk up your opinion as thisagreeing with my politics. you can see my line above about leftists trying trying to shut down opinions that are not inline with their own. ✌️
also. whether you like it or not. politics are in everything. crypto included. look at the infrastructure bill these clowns are trying to pass. not good news for crypto.
well, i had a blast living there. most people i know enjoy it. maybe it is you?
cleveland is a horrible comparison. toronto is mediocre. but cleveland is like hamilton only 10x worse.
i thought chainlink took care of smart contracts
china am not bad. ccp is trash though, and their state capitalism experiment fell flat on their face and now they are scrambling.
the vast majority of countries were founded off banditry. not all of them are economically successful. and this still has nothing to do with the original topic, which was that communism sucks balls.
look at the narrative being put out by the anti-crypto crowd which seems to be most media. calling crypto bad because of all the energy it consumes. yet no mention from them on how much energy it takes to run every single bank in the world. lights, heating, cooling, people transporting to and from them. it would be hard to calculate, but damn think about how big that number has to be.
it's definitely him. toronto is a world class city by many metrics.
maybe if you’ve never been to any actually good cities toronto will seem good. on the other hand some people are just very good at being satisfied with less, so good for you! i guess…
fair enough. like i said i’ve never been there.
it's hard to determine if you are truly as dumb as you appear to be or are intentionally a rogue. the original topic is on evergrande, nothing to do with communism, if anything it should be blamed on the western capitalist model. back to your comment, the issue is with the anglo saxon pen you can redefine history and arbitrarily redefine the reset point to where it is convenient. so after stealing, you say we restart history as post ww2 and declare we are now all equal as civilized men even though we stole for centuries and are living off the legacy of ill-gotten-profits! everything pre ww2 is ancient history except for our mortal enemy that ended our colonial empire adolf hitler. but last time i checked, it was the us bandits that bombed 10 afghan citizens (that is a warcrime btw). real people are dying for that piece of paper.
also they like to conveniently ignore solutions that crypto are working on to reduce energy consumptions lol
i said “most people i have talked to”. i as in myself and grouping the people together that i have talked to. you must be too enraged to see past the imaginary red hat that you placed on my head.
what are the good cities then?
or maybe he is actually from there and not visiting for 2 hours...
yeah, it is you
just to be clear, what cardano does is not really 1:1 with smart contracts as we know them today, here's one of their own developers explaining some of the details: [ here's one key point: > unlike ethereum, solana, algorand and al, there is no such thing as "deploying" a smart-contract on cardano. instead, validators are implicitly referred to by hashes prior to their use, and they are thisclosed upon activation. this can be a little bit unsettling at first.
oh please, i’m clearly talking about the original topic of my comment which sparked this asinine thiscussion about the faults of the u.s. that comment was that reddit is full of commie retards. seeing the great lengths you’ve gone to in order to thiscredit the u.s. in what can only be a convoluted attempt to defend communism (otherwise why would even respond to my comment with your argument) , it seems you’ve proven my original comment correct.
yeah it’s me. i’m so weird for thinking new york level rent for not even 1’t a good deal. look man, i’m glad you love living in boring mediocre cities. just don’t expect everyone else to agree with you.
whatever you think my man. disagreeing on opinions is fine and dandy. calling somebody ignorant because they have a different outlook then your own isn’t right. the tolerant left never lets me down. it’s too easy and predictable.
sorry you cannot make friends or have fun in toronto, that is your problem. i never struggled with that, but then, i'm not a stuck up asshole. now suddenly you've switched to talking about whether toronto is a "good deal"? gtfo
lol i have a great life with many great people in toronto. i just recognize that the city in which i have this life is mediocre and overpriced. sorry your mind can’t separate your personal experience from the city you live in. and this whole conversation has been about cost of housing buddy. if toronto was 50% cheaper i’d say it’s being adequately priced and would perhaps be worth living in, because it wouldn’t be priced like actual world class cities like hong kong or new york. and do you even live in toronto? because i do, and have for most of my life.
the irony of your post... it is you applying your personal experience to the entire city, genius!
alright man sure. you’re the smart one, toronto is one of the best cities in the world and i’m dumb and i have no friends. have a great thursday!
if crypto investors bought stocks, we’d be so bored 😂
only 23% down that is bullish
i think of the volatility as price thiscovery, because we are so early on the adoption curve.
23% is peanuts here, we survived 99%
just another manic mondayyyyy
“sunday” prices bounce back on mondays. it’s sunday bloody sunday in the crypto world
down 23%? i call that dip buying day!
honestly…. that’s so fucking true🤣🤣🤣🤞🤞🤞🚀🚀🚀
on black mondays in the fiat world, banks need to be bailed out. in the crypto world, we buy the dip
they act like commodities and futures haven’t been volatile… ever.
being down big amounts is a right of passive in crypto
yeah the difference is crypto crashes based on the halvening at a predictable interval and also intermittently based on speculation and market sentiment. the stock market crashes because of irresponsible global banks giving variable rate mortgages to millions of people who can’t afford them, then bundling those mortgages and betting on them on margin. seems like one is very controlled and done in good faith. seems like the other is a fuck up by a bunch of pos money hungry finance bros who just want their commission no matter who pays for it in the end. my money’s on crypto you no talent dumpster clown.
*yaaaawn* "goodmorning everyone. what are you talking about? we're we down again? oh. how much? 23%? already recovering you say? alright, time to shower."
i dont know 23 is still black for me
wrong again, alex you call it thiscount day.
23% down? what a great monday
and this is why it could never be used as a currency...
just another manic monday. ftfy
what's alex trebek doing talking about crypto
and yet some people still justify using 100x leverage...
just another manic monday
shout out to the marginal revolution blog
yea. lol. but we still need to stay informed about latest market trends especially nowadays where market is very volatile. quiver protocol has a dicp that collects crypto info and have expert crypto analysts verify and analyze these data. rest assured the info they are providing is reliable.
"i was born in volatility, molded by it" batman or something
the crypto market is just wild
not a good thing...
that's called shopping day*
in the crypto i call that a flash sale
homie’s a lil salty
that’s funny. it only a black money if your not used to being broke.
i dont call it a black monday. these days i call it a black "power nap". in 2022 it will be callee a black eye blank
that’s awesome! now i can begin my day!
or tuesday and mid-day friday
imagine forests of corpses dripping on a buffet, you call that a nightmare, i call that a tuesday.
lets algo to algo
market is up though… and it’s thursday! so waky waky little turd! ;)
hahaha i have such a love hate relationship with twitter man. also side note, if anyone here is an ethereum newbie, i got a great vid about basics. 👩‍🚀🚀
everybody gangsta till its black tuesday
i've seen a large promo on twitter for the aipichain project. take part or do not waste moment?
crypto is still maturing. very common to have any of these price swings in any maturing market.
just another manic monday...
i had a dream last night crypto crashed and i bought eth at .10 and it bounced to 1million. premonition?
last 1468 days brought me a daily average of 0,87135% vs flat (cumulative) not considering defi, just spot and arbitrage, and there have been many mondays. talking about last 45 days, btc lost \~41,66% but my gains vs flat, while i'm writing, are \~139,708% in the same timeframe. i do not use hfts or any kind of bot, and i usually spend 4 hours. for me the only thing which matters is btc price: if it drops, i push trading like a crazy to fill the gap vs flat, if it raises, i relax a bit. many things happened in this journey: from wrong address withdrawals of the beginnings, passing through scams (like the parodex capital one) and loosing a little fortune in cryptopia. all recovered. t a month ago ive started few eth validators, but to tell the truth, im forcing muyyself into it: never been an hodler (ii know that many of you will be upset about it) but hey... i had to buy a car and a house for my family! to sum it up: in the flat world one cannot even dare to dream about it. this is my experience. sorry to have bored you.
any thoughts on the new flare network or spark token? i herd it gets listed on june 10th and it is already on a 100 plus exchanges with a start price of ? i have a feeling this is the next big boy.
in the real world when you drop 23% of your fritos on the floor you call that friday at 2am.
haha so true 💎🙌
i can’t wait until my salary is in bitcoin. i need a little bit more excitement in my life.
even dai, a crypto *stablecoin* is more volatile than stock, i swear.
this is true. i invested in stock and it was too boring with little fluctuation, market controlled by banks and weekend market closed. with crypto, we are riding roller-coaster 24%-80% fluctuation 🤣 50% drop? that's bullish!
here's a joke! why was the computer cold? it left it is windows open!
y'all do not invest in stocks and etfs as well? i think it is best to diversify investments and have a bit of both. that said, it is definitely more boring than crypto lol
i have both and you are correct
can confirm. have slowly been transferring my stock portfolio into crypto. it's too boring!
i swear i was about to get started in the stock market and i didnt because of how boring it is. 8% return in a year is what is expected for good investors. thats fine for someone with millions of dollars invested, but for people like (most of) us with just a few thousands i prefer to invest them in crypto and get 300% in a year lolol
here's a joke! why do bicycles fall over? because they are two-tired!
have you heard of options?
no shit, i cannot stand stocks anymore sometimes. i need my crypto rush -\_-
this is how i feel about government cryptocurrencies as a 'threat' to real cryptos. if they succeed in 'fixing' volatility nobody will care about it.
as someone that does both, i see “breaking news, x is up 10%!” or “the market is up a whopping 5% today!” i’m just like, okay? that’s like what happens in the span of maybe an hour with crypto except it’ll be up 10% at the beginning and down 35% at the end
single digit percentage loss? multiply that by 10x then you might have my interest.
we just have to think of it as a sale if we forgot to get in.
if you ain’t buyin the dippin, you ain’t sippin.
great dip buying opportunity too!
just a healthy correction
some altcoins did not recover
bitconnect investors survived even 100%
just another, time to buy matic monday.
all i’m seeing these days is thiscounts
it happens. just gotta keep chillen
give it time and crypto will start bundling variable rate loans into tranches and bet on them using margin too. capital markets didn’t invent degenerate gambling.
never say never - i actually appreciate my money becoming more valuable over time, even if it’s sliding around on a daily basis
this is alex tabarrok, the economist. different person.
i can’t wait until mine own salary is in bitcoin. i needeth a dram did bite moo excitement in mine own life *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
ya cmon move already. up. down. i don’t give a shit. just do something
crypto drop was caused by over a trillion dollars being pulled out. who has a trillion dollars? banks do. that means banks still have some control over the market.
get out of here! you’re fired! haha that was so predictable that it’s actually funny
pfffffft. tell that to mvis over the last 6 months
take a gander at the tsla chart
nothing better than buying eth on thiscount.
it’s perfect for those of us with adhd. nothings real might as well play the turnip market.
yep, it feels like pretty much any coin i touched other than eth went to
i'm confused. the real andreas wouldn't shill his channel like this. he does not need to and it is not like him at all. so why are you promoting it and acting like it is your channel?!
imagine you get paid a months wages in bitcoin and it plummets 50% by the time the transaction has finished. i’d rather get paid in £/
thank you i was thinking i highly doubt alex trebek is saying much these days
i'm sorry, but there is no such thing as a professional 100x leverage trader in crypto. the time frame and volatility is too short and manipulatable that it is nothing but bots and whales which can make money at that scale. also, i'm not sure why you had to make it personal and suggest i was comparing myself to a pro trader. fuck trading. it's a zero sum game and borderline gambling. neither of those things are healthy or productive so i stay the fuck away from it.
nowadays i only get my dopamine.
market cap dropping a trillion dollars doesn’t mean a trillion dollars was cashed out. but don’t thisagree with you that markets are controlled by the rich.
that's not how market caps work. if i make 1000 coins and sell 1 for , the market cap is 1000 coins x . if that person resells his single coin for , the market cap is now 1000 coins x . only ,000 market cap. that's one of the biggest reasons shit coins can have such a high valuation. the supply is so concentrated that there are virtually no sellers. that also explains how when vitalik donated .
hey. at least you're touching eth now
i get paid in a different currency to my national fiat, and have experienced variable income accordingly. it was weird for the first few months, but once i have my buffer it didn’t even matter any more. ups and downs, as long as there is enough, it’s fine. now i’d take some of my wage in crypto, save on international transaction fees.
it looks to me like fxs is not really working so far, but the idea is interesting to me in theory. partially pegged to stable things so you get something volatile enough to be interesting and speculate but more stable than others. i might buy some if uniswap did not cost
vitalik replied to you
for crypto traders everything else is an intolerable crab.
ya. no where near that much in reality.
lol only 1 million lies, even this address from an investor that bought shib over 100 days ago is still worth hundreds of millions: [
the seller of the donated coins is also one of the developers from the matic network, they made a plan to liquidate the coins gradually and likely have already cashed out significant portions of the funds now. ([[
if eth was worth 100x more then we would all be 100x as rich!
does he even understand the blockchain and it’s problems people are trying to solve?
this man wants to make his meme coin a real thing and no common sense will stop him in his endeavor.
this guy is single handed going to cause even tighter crypto regulations, but not before he made off with hundreds of millions in profit doing so.
elon sounds like trump in this tweet
also its fanbase holds 100x the stupidity of other coins.
musk is losing fans by the second
next week there will be a musk'solves' all these issues, it will be centralised and pegged to the dollar, a bit like microsoft points...
if gas fee were 100x less
i saw someone else point this out and it is so true. elon is this run's john mcafee.
you know, for supposedly one of the world's smartest men, he just said one of the stupidest things in the world.
if my dick was 10x longer….
*lucid motors enters chat*
tesla batteries suck! sila technologies smash tesla out of the game.
sounds salty to me
then you have litecoin :)
my latest theory is that elon is actually drawing world attention to btc, to shit coins like doge, then making obviously stupid claims like this one, so he can then pull the smart card and actually push the one serious coin he is probably been eyeing for a while. i'm starting to think all this hype bullshit is actually a clever plan to draw solid attention to where he wanted from the beginning.tweets like this one are obviously so stupid that i cannot find a better explanation... my 2 gwei... edit: than
bch has bigger blocks than doge already and it is working perfectly fine. and it is not centralized, you can still run a bch node on a laptop and regular broadband. the "bigger blocks == centralized" argument has already been debunked.
eth & doge 💪🏼💪🏼💪🏼🚀
i do not know why everyone is giving elon crap, he is just late saying these things. even btc maximalists cannot say "its fast, its cheap and its low overhead". sure elon is about 3 years late but people just listen to him. at the same time there are already solutions that. doge is actually a faster cheaper btc, so is ltc, bch and 400 other cryptos out there. when someone else gets a track record like elon then they can talk shit lol
put some ice on that burn...
oops this reply 🔥
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [bch]("last usage")[coin] bitcoin cash [btc]("last usage")[coin] bitcoin [dag]("last usage")[directed acyclic graph]( a method of organising data with no loops [eth]("last usage")[coin] ether [ltc]("last usage")[coin] litecoin ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(5 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 25 acronyms.) ^([thread for this sub, first seen 16th may 2021, 15:18]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
man who plans to send people to mars chooses a meme coin for payments 🤔
well doge has fallen to 6th market cap and absolutely everything is on sale so it is pretty safe to say that whatever he is doing, it is not in crypto's favor.
musk is now laying it in thick. he’s being facetious.
i don’t bet against elon.
seems that he is well on the way with battery technology.
so eth sub is the new “lets focus on elon and attack doge” instead of focusing on eth? like elon has said nothing bad abt eth why focus on him? like jesus! 🥱 this sounds all eth is doing is bitch! just make !
why do the eth people always sound like jealous ex’s. just enjoy your product and stop being so insecure about it.
the whole thing is hilarious. like as if devs just need to change a few values “hey actually guys wanna just go like 100x faster?” “sure, im down to go 100x faster. any objections?” “nope none from me. one sec...ok there we go, we’re 100x faster” just a shame this is the image he gives of blockchain. like the devs in this space are just so dumb, all they need to do is decide to be more efficient and poof there it is!
message officiel : hello aesthetic community ! vaporwave token is officially launching ! it is available on pancakeswap and you can get it with some bnbs. this token enables you to buy the vaporwave art nft products that are coming very soon. 🌍 website : 🧾 smart contract address : 💰 wallet : metamask or trust wallet 📍where to buy : pancakeswap
all y'all crying about elon, yet his words still have the power to move entire markets. love him or hate him, elon is going to continue to do what he does until someone stops him.
he always wins ! despite all the hate !
the musk obsession continues. so sick of reading about this guy. move on ffs.
when it comes to fees xlm is winning hands down
why everyone hate elon so much
i thought it was funny when i saw that tweet. i couldn’t tell if it was a joke or not.
y’all salty cause doge hilariously became the chosen one for this era of crypto
does he know about polydoge?
who do we think elon will call a pedo first?
to me it’s painfully obvious because there’s no regulation that he went long before tesla excepted bitcoin and then went short before he stopped excepting it. but everyone seems to love him and would take the opportunity to lick his toe. he’s done great things but people miss the fact that he’s also an opportunist
man, the shilling he is making for doge is already getting old. doge is fun, and that is it. it never meant to be taken seriously. if you tell the same joke too many times it only gets boring.
i want elon to empower this space with his voice not continue to confuse and misguide the often scared mainstream mass public. i wish he would either explain at length (not twitter) or just let the space grow :’t deny he has big brain power but it’s making an already volatile space even more confusing and scary for people and if we want to chain the financial infrastructure we need to keep progressing. i guess some of that is messy sure but you have the millions of hours of brilliant development from teams like ethereum and then this one guy just says something and it harms (short term) their incredible achievements. long term... chaos theory... hard to pin down. no press is bad press? hard to say.
apparently musk still doesn’t understand that doge uses powerful energy sucking machines to mine just like bitcoin. he needs a pos coin or chia.
somebody’s salty even though without musk, eth would not exist
what did the car battery tell elon ?
did he wake up like 143 iq points dumber last week?
uuummmmm you have to put all the stones in the gauntlet first, then snap your fingers. i think that is where you messed up
i’d take a quick 20x on eth right now.
y’all sound like a bunch of butthurt bitches. have you heard of diversification? instead of bashing, thinking you’re godly with your . read more than just reddit memes and reposts. eth peeps seem more and more degenerate with their attitudes. makes me want to sell my eth
why don’t you people just buy some doge, sheeesh. elon’s changing the world. stop bitching.
you guys are all mad doge is now the talk of the town
doge was not even suppose to be this high, personally anything is possible!🐕🚀
elon is the greatest genius on the planet. any comment here about him not knowing about crypto shows how ignorant an ‘intelligent’ person can be. when elon says doge to the moon you must consider this is the greatest genius talking.
no one believed in tesla cars either in beginning and now every fucker’s buying like hot cakes. food for thought.
it would be more like the batteries are 10x larger and 10x lighter.
just wait a couple of years!
soon guys, soon 🚀
checked the math, it works out. listen to this guy people!
dont know. but he still knows how to profit from it
there are few things more dangerous than an expert speaking outside of their field.
no, he literally treats it as internet cash.
this one’s the most obvious troll of the last 2 or 3 tweets he’s had. i’m almost tempted to get a twitter just to see everyone who actually wasted time replying to try to explain this to him. at best, one could make the case that he’s trying to spur innovation, but honestly he’s just fucking with anyone gullible enough to take him 100% at face value. did we all not see him pump doge for the last couple months? he’s not taking this seriously.
i sincerely doubt it.
i’d like to learn more about blockchain. what are the common issues that require fixes?
i'm pretty sure he does. but like many smart people he simply enjoys making fun of things. i'm pretty sure elons main motivation to manipulate the market, and i strongly believe he is doing this actively and well aware, is to collect money for what he thinks is a greater good. from his perspective he will spend this money better then those idiots he has the money from. and i somewhat agree.
i mean he was one of the creators of paypal. not saying he’s a blockchain expert, but clearly very knowledgable about digital payment systems. this gives him a huge advantage in understanding crypto currencies if he decides he wants to (and which i assume he has).
he’s brilliant. so i’m very certain he does. he’s just a shit poster like us.
no he doesn’t, i’m quite sure
no. he doesnt really understand anyone's problems. that's why he thought *tunnels* were a novel idea and that carshares were the way to use them when trains exist.
elon is here for autonomous driving vehicles, spaceships to go to planets and chips that can be implanted into someone's brain to turn then into cyborgs and still do you think he have hard time designing doge to his likings?
his entire gimmick is just latching onto something actually cool (in this case cryptocurrency) and then snake-oil-salesmanning the shit out of it.
he doesn’t. the more i observe him the less i think he knows about anything.
bch has bigger blocks than doge already and it is working perfectly fine. and it is not centralized, you can still run a bch node on a laptop and regular broadband. the "bigger blocks == centralized" argument has already been debunked. it's false. in fact vitalik supports bigger blocks for bitcoin.
i mean doge just got used to buy a space flight, which makes it used as a real currency more than eth so far edit: just keep clicking that down arrow, doesn’t change facts
this is the truth here. elon is being used to create more crypto regulations.
he’s gotta be trolling
they're not stupid. they're new to crypto and caught up in a group that is also new, plus some loud but willfully ignorant voices. it will take time to shake that off. just keep pointing them in the right direction knowledge wise.
i will admit, i threw in a tiny bit into doge. it hurt my ego so much to do. but i managed to make some quick profits. it'll crash soon enough, but doge has been great for short term profits. it is the exception to "time in the market not timing the market."
i never was a fan, but recently i've come to the logical conclusion that he is not even smart. he's a fraud.
removed - please be nice
elon exhibits a lot of traits classic “mad genius “ types do. extremely brilliant in some ways, and idiotic in others. i think there is something about the brain wiring - a “normal” person gets a little bit of everything. geniuses get a ton of capability in a few areas that allows them to be extreme specialists, but because of that, they are lacking in other areas.
then you would trip on it while walking
but you are a woman, son
or maybe he’s just an asshole !
no, he is not that benign... as a matter of fact he exhibiting a lot sociopathic.
if blocks are like 2gb, most people's internet simply couldnt't handle that, and the blockchain would be prohibiteively large
downvoted because it is true, but not the one sided truth people want where musk is either an infallible genius who will make doge successful, or an evil asshole who's manipulating markets.
at which hour t cometh to fees com is winning hands down *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
he's previously been investigated by the sec for manipulating stock prices and now he is doing the same thing in crypto. fucking with other people's money for your own gain tends to not make many friends
go on sell. you aren’t being forced by us to not sell your eth. what elon said is dumb in this tweet. and a person who’s expert in the field has pointed it out. diversification? yes we all are diversified, but it isn’t always about the money, it’s about sending a message
no one here is calling out doge, we’re calling out musk’s stupidity...we’re all together in crypto man, chill out. and also doge is now talk of the town, eth is talk of the town since 2015
tbh the fact it ain’t even been a year since the price was at 540 and now look at it
that's exactly the plan.
pretty sure that’s exactly what we’re doing
i had to use a calculator, and crunch the numbers twice, but they are correct!
he knows how to send stuff to moon
"when i tweet prices goes"
a newbie speaking inside their field?
musk was programming and selling video games at 12 yo. i think he knows just as much as he seems to.
got any recommendations on book reading? i’m trying to understand more about the space.
i think he’s mostly just out to fuck berry for being so publicly vocal about shorting tesla, and then doge. elon has always had a major thislike for short sellers, especially when they bet against him. berry set out to tank tesla, & doge, so elon knows the way to pay him back is to hit btc. and it looks like it worked, at least somewhat on both their parts.
paypal is really a good achievement by musk but there are many experts who when posed a new question they don’t know say “i’m not well versed in this topic, i don’t know”. but musk here however intelligent he maybe, chose to make vague claims lmao. he isn’t a stupid person, it’s just a stupid tweet
dont think he was a creator of paypal. happened to have had his failing x.com acquired by paypal and is now dubbed a “founder.” same as he’s a “founder” of tesla.
i’m pretty sure musk understands crypto better than 90% of the reddit posters on this sub. you dont get where he is by not knowing what the hell your talking about.
he’s brilliant? he is basically a figure head. he’s not designing rockets or long lasting batteries. he’s the wealthy son of an apartheid enabled emerald miner father in south afric.
he's brilliant when it comes to revolutionizing personal transportation. that's about where his brilliance begins and ends.
> tunnels he is making tunnels to test and prove mars concepts, clearly he is aiming for mars. same with everything he does.
what’s the version of uniswap that runs on bch?
>you can still run a bch node on a laptop and regular broadband because no one uses it. its blocks are effectively a lot smaller even than btc. because *no one uses it*. same for bsv. and because its blocks are as empty as empty space, no one is developing layer 2 and 3 solutions. >in fact vitalik supports bigger blocks for bitcoin. ah yes, mr fork-a-lot. increasing blocksize solves nothing. you can never make them big enough to achieve meaningful adoption without undermining decentralization. just look at ethereum. the only solution is layer 2 and 3. just like... ethereum. if or when adoption of those solutions become hamstrung by full base layer blocks, then we can talk about doing the thing bitcoin has managed to avoid since day 1: a hardfork.
even if doge had those features included, it still would not make it any more practical for day to day use. you'd need a blockchain that supports smart contracts for further integrations into stores etc.
arent you quite misleading with your statement when you are implying that nothing can be bought with eth?
this hurts more than you will ever know. don't expect that to last for much longer though
do we have proof of this transaction?
how stupid are you? every time someone buys an nft, buys any defi product in defi, does any of transactions on the ethereum chain, they are using ether as a currency. but buying a fucking flight one time makes it more of a real currency? delusional.
i think it is more along the lines of "i do not know if what i'm saying is true or not and i'm not going to try to waste time trying to find out becuase if i tweet it then it is probably true." ...kinda like trump...
some are uneducated, some could be outright stupid. you should just check their subreddit. i've seen people trying to tell them to keep their expectations in check and learn what market cap is and the fanbase calls them haters who will be left out when doge hits .
i’m new to crypto also. i have absolutely no idea what all of this means but i want to figure it out. where is my best place to start? what wallet should i start with? i’ve downloaded coinbase, rh& blockchain but it seems live none of them are ideal for me as blockchain is a little confusing and rh only supports a few coins and coinbase won’t let me make a trade even though my bank account is confirmed???
what gets me is that it took so long for people to realize he is a dick. tweeting that he might take tesla private, calling a guy a pedo because no one needed his mini-submarine, anti-covid, anti-union, etc, and his fans backed him 100%. r, a time when you'd see elon memes on nearly every subreddit and they would raid any critics who dare to say he is not that great of a guy. personally, i'd have rather seen musk just stop being a shitty person, but having people turn around on him because he did not stop is an okay alternative.
when did having fans ever mattered to him? like, honestly, he built his entire career on unpopular opinions lol * space exploration when only governmental agencies could do it * electric cars when people thought they were toys * paypal when nobody paid anything on the web am i the only one to actually see the guy is not that stupid? and btw i'm not a fan, i actually do not like the man but we gotta be honest.
it was the neuralink stuff that sounded the alarm for me.
yep agree. he is a pos autistic fck
i meant elon not op :(
can you explain me what's the point of a currency if the network has no fees? i'm seriously lost why would you hold the nano token ? what do you get ?
so...autism? i have asperger's syndrome same as elon, outside of all the other things it does to our brains, it has that same trait. we're extremely good at certain things, particularly those we're interested in, to the point of obsession and it can make us extreme specialists but then in others we are severely lacking or simply have no interest and no desire to want to learn or get any better, because it is outside of our interests and we do not bother with anything when it is. even so...i would've thought quite a number of times before posting something like this on twitter. if you have no idea what you're talking about, just do not post it at all. for a man who is very much engaged with technology, all different kinds, he should absolutely have so much more research into crypto than he seems to be revealing currently. from this post alone it seems like he has not invested the time into this to be as "passionate" as he appears to be about crypto. the brilliant rebuttal to this is applying this logic to tesla. if it were that easy, why has not he done it himself yet? because he does not actually have the answers yet, this is merely strategical hype to pump dogecoin up or at the very least stop it from dipping as it has been since snl due to the thisappointment he started garnering from his fans due to it plummeting so hard, he is since been making big statement after big statement to get it pumping up as much as possible again to save himself from their criticism, even though it really has not been pumping as hard as it would've been had this news been delivered before snl, i mean, some of these tweets probably would've shot it up to . that's because there is fear and critique now in play, a lot of people are simply watching dogecoin, seeing what it does and watching what elon does. and the more he is doing, the deeper the hole he is now digging for himself gets. if he keeps talking he will either skyrocket this coin or actually kill it faster by saying things that are completely stupid. or at the very least, saying things that hold no weight because he himself has not actually found the solution to the problems yet and is way too over-hyped himself about the prospects, bold as they are, that he cannot shut up until he can back it up. now...if he could back it up, that would be something very worthwhile and practically unheard of in crypto.
do not think he is brilliant at all. he just had money to hire smarter people than himself to make things happen. when someone's showing you their true self, do not ignore it. it is like a president getting credit instead of the generals. the only thing the president has to do is not fuck things up by blocking those whose job it is to run the their tiny part of the system.
im calling it now. elon get put on risperidone eoy.
this i can get on board with
about how retarded you are. msg received loud and clear. way to get your info from a tweet, careful, your ignorance is showing.
most comments in this post is bad talking doge not saying you directly
this comment deserves more space
yep, i do not think he knows what he is talking about but memes can establish a schelling point anyways, which is way harder and more important than the tech itself.
nope, not at all. noone is paying attention to the newbie
if he did, he wouldn’t have said something so ridiculous. blockchain has intricacies he doesn’t understand yet.
web development is very different from blockchain
i just started “the infinite machine” ...it seems good so far
destroying shorts seemed to be a primary source of fun for him back when he got into talking about crypto a couple months ago, that even makes sense with doge since a lot of people were shorting it in january before it became clear that that pump wasn’t an isolated incident. but if anything what he’s been doing lately is pretty predictably creating a better environment for shorters of both crypto and his own stock. hell, i was browsing the doge community before and during when snl aired just out of curiosity, and basically everyone but those guys would have been able to predict that to be as good a time to short doge as a day trader could hope for. but when i see something that you struggle to apply reasoning to that makes much sense, either there’s some narrative that i haven’t heard of, or it’s just elon trolling again. i mean, it’s not like he’d have any reason to panic financially even if he had twice as much btc. posturing for renewable energy credits from the epa’s a narrative that seems to make some sense though, of course he knows btc isn’t the digital equivalent of burning styrofoam, but in the last few months, half the people i mention crypto to who know next to nothing about it say “bitcoin? isn’t that like, really wasteful?” so maybe he’s just posturing like this instead of trying to make the case that bitcoin really isn’t all that much wasteful because he know to make a point for those kind of people in the government.
fake it till you make it
you realize he does solve difficult problems right? and appoints people to solve difficult problems. look at how many ev startups there are and look at how many of them reached tesla's success. it's not like ceos just sit around and collect a check. i'm no elon fanboy or anything but calling him a figurehead is a stretch.
it can be bought, it just isn’t that’s one fundamental issue with eth right now. the doge community is pushing hard for it to be used as an actual currency, eth still mostly wants to hold and wait you want mass adoption? demand businesses accept it, drive demand for the coin. buying and holding make it a stock, not a currency
both tesla and the german company confirmed it and the german company confirmed it intends to buy more purchases with doge. you can look up the article pretty quick as far as can we see the wallet transaction? no clue, idk if either company thisclosed that info
and how often are people using these features? the fact doge is both known by children and used to buy satellite launches show a lot more than eth
and mostly like biden
exactly, i came across a persons post on the doge sub saying they were going to put as much of their paycheck as they can into doge, every paycheck, until it hits . there’s stupidity involved with this. if people aren’t going to look into what they’re actually putting their money towards, then they’re just burning themselves.
so it is official: doge is the new bitconnect
definitely uninformed and caught up in the cult like hype. i'm on their subreddit very frequently despite owning zero doge and i recognize the exact same thing from gme when people were expecting 100,000 a share. but they are tomorrow's allies in this crypto space and we need to treat them like it.
you guys really get some hate boners towards doge, don’t ya? unfortunately it’s being used as a currency more than eth it at the moment. it just got used to buy a space mission. why not shit on bitcoin? it’s tech is even worse than doge. i think you guys are just salty because you hold too much eth that you lose out and get pissy when other coins do well
if you're in ethereum then understanding what ethereum is. then branch out to layer 2, 3, or other coins altogether. another popular but slightly more time consuming place to understand blockchain and cryptocurrency is the free openware mit course, here is the link to lesson 1: at least listen to the first 3 or 4 lessons while out driving or on a run. they are extremely helpful. the coin bureau channel on youtube is a great resource that has the pros and cons of most coins as well as background information, other channels might be helpful too but be wary of them pumping their own holdings. to avoid being overwhelmed with information from coin bureau i would advise taking a listen to coin bureau's educational guides playlist. coinbase can be finicky. i had to add my card and use that because it wouldn't accept verification for my account for awhile there until i updated the app.
warning: robinhood doesnt sell crypto. you cant withdraw anything, which means that they sell you a thing tied to the price of the crypto but not the crypto. 99bitcoins makes short explanatory videos on yt
all it takes is a quick google search and you’ll find your answers. there’s also informative videos on youtube that are helpful.
i wrote a book on the basics of bitcoin i can send you free of charge. no catch. i rather more people jndero bitcoin and alts.
sounds pretty typical for any on the spectrum nerd with power and money. i think if you picked any random early redditor and put them in his position they would do similar or even worse things. elon is smart, and generally an okay person, but obviously has his own faults like being a man child, and over hyping things like us autists are prone to do.
same with rogan tbh. was a big fan until he started going all anti mask anti vax
all the things you mention were done many times before space , rockets: jack parsons, werner von braun electric cars: done many times in 1800s. also sinclair in 1980s fintech: big banks already conquered this area aka jp morgan he is a manchild and a front btw
the dollar have no fees, and you understand the point of having it. the nano community does not promote the holding culture, they prefer it to circulate, but in fact its price goes up.
you sound like you've never hired anyone lol
10 x 0 is still 0, sorry.
doge will have plenty “space” soon 😃
and you know what you talking about?
except for all the coins whose majority consists of newbies who are treating each other's advice as professional opinion.
he does not care. he is insanely monomaniac, if he sees something he wants changed, ridiculous statements are not what will make him shy away. i strongly thislike him but i try not to underestimate him.
as ridiculous as building a city on mars or as ridiculous as creating a brain-computer interface?
he is obviously trolling.
just what i’m looking for, thanks
lol that might work at walmart
what is your source that he personally is solving problems? i’m just curious. he acts like a clown on twitter and in public.
buddy anybody who knows anything about eth knows eth is gonna burn the fees and that’s when it we are gonna see people use it
its used millions of times a day. all the transactions being processed on ethereum require ether to perform it. just like paying transaction fees at a bank in dollars. exactly like a currency. how many thousands of nft's have been sold? paid for in ether.
well definitely not like trump since trump cannot tweet.
if you try to treat them like allies and point out some sound advice they call you a hater who is just jealous of all the sick gains you are missing out on. not sure there is hope for many of them
bitcoin does exactly what it is suppose to do. the btc blockchain is the safest document in th world.
thanks! i’ll check it out
so if you have 1 ether share on robinhood and you want to sell it for gains you cant profit the gain???
as soon as he said that he did not believe in adhd and that people with it are lazy or people use stimulants to "babysit their kids" i knew he is full of it. at my lowest point i was unemployed for 6 months and could not concentrate for 10 minutes on getting additional tech certificates as my debt climbed, while at this point i had already self taught two languages. there is no doubt in my mind of how dopamine deficiencies can affect someone's mental performance. people who combine an experiential outlook with skepticism towards scientific evidence are the plague of society. if you do not have a medical degree, you didnt perform research, and the topic also is not experienced by you, do not go on your talkshow with dr phil and say it is not real.
and? ' * paypal, when he sold it, was the most used online payment system * spacex is the biggest private space exploration company, and got the first private mission from nasa * tesla actually made electric cars popular entrepreneurship is not about being the first to do something, it is about being the first to execute it well.
so it only goes up by expeculation got it , it does not sound as a good investment thanks
good at business and smart in the sense we're talking about here not the same.
you sound like you loooove him
+1 for the bitcoin standard. a very well written book that’s not too short but not too long, and explains concepts in a very concise manner
but to the average person, what the fuck is nft and what the fuck is defi? the average person does not need to google what a rocket flight is.
right and regardless of side, if you’re okay with that then you’re no better than the people you bitch about. you’re fine with suppression because it’s somebody that hurt your feelings. just wait until it happens to you.
it’s safe, but good luck using it as a real currency when it hits its cap and there is transaction fees out the ass to incentivize miners
good luck and always be learning! if you have amazon prime: cryptopia is an older (compared to the speed of recent blockchain innovations) but decently entertaining documentary. and these are good cryptocurrency news pages to stay on top of blockchain current events:
yes of course you can sell it...within robinhood (same for paypal), but you do not actually own ether, you own a virtual asset whose price is identical to ethereum. you cannot withdraw it to a cryptowallet, you cannot use it for a smart contract, you cannot send it to someone through the ethereum network
you can buy and sell but you do not actually own the crypto, just a proxy for it so you cannot transfer it out to a different wallet or exchange. when you buy on an actual crypto exchange they put the coins into a wallet for you and you are free to transfer them however you please. want to convert some of your eth to a different crypto not on rh? not gonna happen. rh is cancer and you should avoid them at all possible. i will use their nicely polished ui for tracking purposes but trade my stocks on fidelity and crypto on either gemini or coinbase. gemini is the most secure and regulated exchange but they do not offer nearly has many coins as coinbase
it’s also an incredibly stupid viewpoint. he’s on a shitload of testosterone and steroids and whatever else, and he’s got money out the asshole. sure, it would be great if we could all put saunas and isolation tanks in our house and go run 40 miles a day hopped up on injected blood and hormones from 18 year olds, it would probably alleviate a lot of stress. it’s also not realistic or natural to expect a normal person to do that.
he hasnt done a thing he is a front
pumps doge cuz he has nothing else
i mean what do you expect higher the fees higher the price? lmao
the ironic thing is when you do actually look into his history you find this emerald mine claim is not true at all. zip2 got him his first money, paypal multiplied that, and then tesla and spacex did the rest.
i read his biography, he is typically not the kind of human i can love. but i can respect some of his achievements, and i am more than passionate about space exploration. however, respect is not love, great people used to respect their enemies, and he is not even my enemy
uhhhhh, that statement was still utter bullshit.
i am definitely ok with private companies conducting their business as they see fit. i would not support someone going onto your property and being able to say or do whatever they want. you have the right to kick them off your property if you see fit, especially if you've given multiple warnings and chances to stop violating their tos. and it has happened to me. you've never been banned by a subreddit? i have. actually it was the conservative subreddit, ironically. but at the end of the day, i broke their rules so i paid the price. i did not feel suppressed at all. sure it was hypocritical of them to do that, given what a large part of their platform is regarding "censorship" is, but it is their right and i support that.
40 miles is 64.37 km
i just understand the point of crypto economics in a blockchain and that is why you invest in eth , if ethereum did not have fees why would i invest in eth it is simple , eth has utility because the network uses it, if your currency has no utility why do you even buy it ?
my statement isnt utter bullshit. please tell me if the average person has heard of defi or nft and nobody in this sub or into crypto counts as the average person.
they are a public company. if anyone can invest, anyone can speak.
doge doesn’t have a cap, it generated 5b coins. it’s a decreasing inflation coin, not a hard cap
and who said nano did not have utility? why the fees are linked to utility? the utility of nano is replace money, cause everything online have fees. the point of crypto is having a utility well said, but in fact not the same way, blockchain was the first one system, but the first one is not always the better one, nano works with something called dag, and for others facts is way too faster than bitcoin and ethereum, and call it eco-friendly since it spend way less energy to make a transfer. ethereum is going to lower it is fees in a 99% it makes it less valuable? no, on the contrary, that will make more people use it, do you prefere to pay the high cost of a transaction?
i understand, everybody is entitled to their opinion
you said, "i mean doge just got used to buy a space flight, which makes it used as a real currency more than eth so far." i then pointed out that ethereum has been used as a currency many many more times than that. who gives a shit what the average person has heard of? your statement was wrong (i.e. bullshit). the average person does not understand calculus, does that mean it does not exist?
anyone can speak and use their service as long as you abide by the tos you agree to when using their product or service. if you break those terms that you agreed to, you agreed your account can be terminated. just because a company is publicly traded, that does not give you the right to violate the terms of the agreement. no wonder he sucked you in.
i meant marked cap. why use a slow inflationary coin like doge when the there are plenty better options. who would wait minutes for transactions in stores with doge?
this is some of the worst english i’ve ever read lol
wait no. say something mean to me. don’t you dare take the high road and be reasonable
why wait hours for eth and days for bitcoin? given i know eth is due an update, and i’m for nano more than anything else. but you gotta admit the crypto communities has some very real issues when the meme currency made in two hours has more transactions than other coins i think there’s also the issue of marketability. if doge is more recognizable and is faster than btc and eth right now, you shouldn’t be surprised it’s used more. eth is well known, it needs its scalability update out quick if it wants to capitalize on the new crypto market
hahahaha then fuck you friend
no, i understand markets. and markets do not want to pay extreme gas fees or consume an insane amount of kwh per transaction if eth succeeds in making trans fees and power minimal, awesome. until then even doge is more useful then eth
dip helped a lot of folks lately reach their one eth goal. it helped me realize i'm not gonna reach millionaire status off of my 0.05 eth by june, but i think july might be the month.
be proud. i’m working towards my .5 eth
i keep putting money in and i have less when i check back lately.
in many years, you'll look back at this and laugh at how unbelievable cheap it was to get 1 eth.
congrats op, still on my way to one eth but i'll get there
may your 1 eth will worth more than million dollar in decades
it’s likely to be worth ,000 in a few years.
pro tip: do not ever tell anyone how much crypto you hold. especially on the internet. even more especially on reddit.
1 eth more than most will ever have. congrats.
great job on building up your eth coins! keep up the great work. and for all the future crypto investors,please be smart about what you share over social media. never post snap shots of your coins or other financial information. unfortunately we live in a very different world many are blinded by. if we are able to trust just one person in our life today then we are extremely blessed. best of luck.
same! every dip i keep buying a little to work on
ha ha i went to buy the dip but i put in recurring buys twice a month. i probable subconsciously did it on purpose. i have more than one but less than a million of them. it’s funny you ever notice most of the chat requests that want to talk to you after a crypto comment have the avatar of a pretty girl? don’t bother my stuff is on a paper wallet and i have highly trained attack cats guarding the paper buried 80ft down in my neighbors back yard, damn i probably should have put that piece of paper in a can or something before i buried it
"lets stake together and it'l be all right?"
i’m at 3 😊😊
keep it up it’s a long way to the top if you want to rock ‘n’ roll little ac
yo didnt know i'd have this many people like my post. i'll answer a few questions ive seen real quick but first thank you everyone for the awards they made me smile. 1- how did you get to your goal? i had fiat money i had been saving since the beginning of the pandemic. so in april i had a nice chunk of cash to "play" with. at first i did not really have a clue what i was doing. i just got coinbase and started buying some coins. then as i did more research i realized i need to invest in long term so i picked 3 coins to hold long term eth xlm and matic. 1 eth was my first goal. by the time i had invested all of my savings in coins i knew i was maybe one pay day away from having that first goal met. so i got paid early this month and decided to go ahead and grab that bag. 2- what trading platforms do i use? just coinbase for now but i'm contemplating other trading platforms as well. 3- what kind of coins are you interested in? i'm curious to see how ada performs in the long run. i want to read more about algo also icp and link look like i should research them. 4- pineapple on pizza? sure! thanks for the love, hodl and buy the dips.
protip: get off the coinbase waiting list and stake immediately with kraken for a lower fee (15% vs 25% at cb)
better buy your eth after the full crash, in 2017 it went to about 2k and then dropped to like . now pennies are made but if you wait you'll be able to buy 10-20 times more...
congratulations op. success and all the best to you!
what is a good wallet for eth?
i like to buy 1 every two weeks. hope to accumulate as many as 50 this year through the ups and downs.
congrats - this is the way
waiting on money to get deposited into the account, almost at 1 whole eth!
nice, what platform are you staking on?
set a new goal and keep climbing! i’m almost to 5!
nice!!! i've set my goal to a coin to start as well!!
that avg though 🔥🔥🔥
good time to build up your bag.
nice i had 3 and sold it at 4000 bought at 1300. wish i had more back then to buy more. happy qith what i sold at.
which broker? robbin hood?
same for me last week! congrats!
i got 1 eth as well. staking to boot. cheers
lol bought at such high price
i own 5 dollars
imagine how many you would have if you started in bear. all you can do now is make sure you hold and continue to dca during next bear.
nice one, i got my first full eth this week as well. now working on number 2 and the diversified portfolio... shitcoins all shitcoins
what is this app? what is this staking waitlist?
thats the only beggining of your journey
i'm happy for you!!!
great, now you have a 2 coin goal ;) because thats just the way the cookie crumbles...
my goal was one cuz i thought i couldn’t get there now i have 3 and i can’t believe it !! (i had 3.5 but ictraded a half eth for 600 matic today just to see what happens )
congrats! next cycle people will be posting about stacking 0.1 eth.
congrats 🎉 i have 4
congrats! it's not so beautiful as if you had exactly 1 coin but it is still great haha. i'm still on my way there!
congratulations, still hodling to see ether 10k.
0.3 here, thanks “the dip”!
nice! stake it for the 6% as well.
i just joined the 2 coin club!!! congrats on your first
🥱 but yes, i’m proud.
i hoping to make enough on amc to have 40,000 doge, 160 etc, and 5 eth next week. i’m out at 75.00
coin base pro is way better than coinbase, less fees but also less user friendly
i wonder if people would be down to do a stock split equivalent for eth where it could be like a 10-to-1 forward split. current price of eth: ~ new price of eth after forward split: someone who owns 1 eth would now own 10 eth
just do not sell mate!
it’s probably a good idea to not store this on what looks like coinbase. a hardware wallet is more safe. but that said of all exchanges coinbase is probably one of the safest.
are you staking on coinbase?
*me after buying 0.5 eth today and hodling for a month* : where lambo.
good job. buy more.
lots of one coiners lately... cool
heyooooo, congrats buddy. only onwards & upwards from here.
well done!! never sell! if you happen to need the liquidity just borrow through celsius!
the joy of buying the dip!
thats great!! i want to achieve 30bnb...hopefully i can reach it too.
me too bud!!! 🤙🏼🤙🏼
can’t wait for this myself, hoping to buy at £1,500 personally
by trading or direct deposit?
congratulations! i’m on 0.055 :)
it will be worth
where can i get ether to buy?
big congratulations on your first ether!
sold my 8 eth. trend is still downward and not yet nearing its deepest point. patience...
i celebrate with you! 👏🏾👏🏾👏🏾👏🏾
aye congrats!! 4.8 out of my goal of 10, but you’ve spent wayyyyy less money than i have for my coins so kudos to you ill be happy in the future :)
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [2fa]("last usage")two-factor authentication [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 26 acronyms.) ^([thread for this sub, first seen 29th may 2021, 13:43]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
guys! just wanted to hear opinion. i've been planning to buy eth on this monday. is this the best price to buy in or should i wait better? should i split buy ins as well?
wsgf app launch 🚀 ticker change coming and crypto app coming out to buy properties. airbnb competitor
i got there too 2 weeks ago. welcome to the club of 1 eth gang
use coinbase pro, much cheaper
why trade button no work
you’ll want more 🤣
i’m sitting in .2 right now, trying to make it .5 before it goes back up to 3k
congrats brother! thanks for sharing. so glad to see people doing well and getting excited about it
move it to your wallet
keep it up bro
i also just today have 1.1 eth so very proud of my self
1 eth wow i just hit my 39th today
all your crypto is now worth a single quarter?
beware, crypto winter is near
hey everyone look how much money i have, shower me with karrrrma
if you don’t mind me asking, how did you achieve 1 eth?
i’d trade it for 6k doge once it hits a buck your golden,
<1 eth gang, rise up!
may your 0.5 eth worth more than your 10 years salary
you'll get there b
this is the wei!
but you have more coin, which is all that matters now if you are hodling long term.
sorry about that. thats all my fault. the bear market started the day after i first bought my first crypto coin.
diversify. i know this is an eth sub, but my crypto portfolio has been increasing overall.
it will be the rich people laugh :)
how did you get that lil ethereum next to your username dear fren?
based on eth’s circulating supply, that would put the market cap of ethereum at . that’s 20x the amount of usd in circulation.
your too optimistic, it’s likely to be worth 1 eth in a few years, i think this fiat bubble is about to burst and 20k will be worthless and what i’ll be wiping my ass with because the toilet paper was the first thing to go from the supermarkets after the bubble burst
why we think it should be 5-20k when we look at btc being much more?
if you put it in doge will be worth 20k within a year
i just shared the same suggestions you did. thank you for posting this
of course, just celebrating a milestone is all.
i hold 700 eth. and i want people to know this is not some secret and not everyone is a 21 year old putting some savings. i'm bullish af and want everyone to be bullish too.
daft question, i get why people keep their numbers quiet, but why are people espectially private when it comes to crypto? even if their online profile is anonymous?
it will soon skyrocket. everybody will be after him soon since that will be worth a lot.
i hear you, now i'm sorry to bother you with a dumb question, which broker do you recommend to start investing on crypto? tia
truth. preach it. woke up the other day to find my computer being remotely controlled. was genuinely freaked out and took several security measures afterwards.
how about compared to staking on binance as beth?
stake private from a hardware wallet, even better!
metamask with a hardware wallet (i have a ledger).
nice flex. you just said 5 days ago that you finally bought half an eth.
okay mr makes more than minimum wage 😂
can you donate just 0.5 eth to me, please? it would really make my day 😁
i buy 2 every week 🙋🏻‍♂️
im looking for a crypto sugar daddy. give me some babe.
well done!! nev'r selleth! if 't be true thee befall to needeth the liquidity just borrow through celsius! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
ヽ༼ ຈل͜ຈ༽ ﾉ raise your dongers! ^^dongers ^^raised: ^^53446 ^^check ^^out ^^^^for ^^more ^^info
still up 1134.8% on my investments from march 2020.
we just saying random shit with nothing to back it up now?
this is eth way
i needed to hear this :’)
thanks to eth and crypto i do not need a salary anymore.
amen to that ^
patience is key when holding long term. buy more shares
ain’t no bear market untill 2022
+1 im fulfilled with patience
how dare you 🚨 🚨 🚨
yeah...back in 2007 the entire real estate market collapsed the day i put my house up for sale.
thanks for the thiscount brother
i think you spelled months wrong?
you get it with a subscription to this sub. you need donuts first, so check out the about section for more info.
so... it is technically possible? therefore, logically, it is inevitable!
ah there is a chance :)
turns out they’ve been real efficient at printing usd these days. anything’s possible!
yeah but at the current usd inflation rate, circulation will 100x by end of decade :d
either way we ride it up or down
thats a possibility yes but not likely. the more likely outcome is 10k in the next few years. but it can go either way yes.
i’m guessing you’re the type of person with a very empty calendar. sad 🤣
not with gamestop and others riding their nfts on its back, it won’t. maybe not ! i own 0 eth so do with that what you want
shouldn’t you be in school?
it's gotta hit 10k before hitting 20k! lol
duh dude just buy more eth and wipe your butt with crypto
you are right, eth can be as much as btc in the future because it is not just a store-of-value, but also a blockchain platform powering thousands of tokens, smart contracts etc. goldman calls ethereum the 'amazon of information'. who knows, it maybe ,000 or ,000,000 per eth in 10 years.
realistic? yeah at , not a million dollars.
you’ll hear it in the news everyday! good luck 👍
i’m gonna wrench attack you, bro! hide yo crypto, son!
ill trade you 1 donut for 1 eth.
it makes them a target for scammers.
start with binance lite is easy and free 🖖
coinbase, like op. simple, easy, safe, user friendly app. thisregard that binance bullshit unless youre looking to invest in shitcoins.
what security measures did you take? i need to jump on that
did you find out how that happened?
dude!! me fucking too. i was on tradingview and someone started moving my mouse around on my screen. had to wipe my hard drive and reinstall the os, change all my passwords, etc
not available in us i do not think. assuming op is in us from the coinbase waitlist.
how do you do this?
not an option for eth at the moment as far as i know
any brand you recommend?
i got 13.4 eth already. accumulating still
yeah man got to put my money to work for me as opposed to working for the money.
i like to buy 3 every week. glta! ;-)
yes!! this is eth way.
generally, i don’t think crypto is a good short term investment but some people like high risk, so to each his own.
ohhh that’s what it is!! awesome. i want me some of that! gotta get on these 🍩 then i see. thanks pal 🙏
yeah, except not at all though.
and probably again after.
and 5k before hitting 10k
da everyone knows that.
you cannot possibly know that for sure. this is crypto, we know nothing until it happens
i'm just going to use 3 seashells...
nahh, i think ill just buy a big bag of colostomy coins when they come out, that way i can just pay people with colostomy coin to take my shit for me, no wiping required
what is a wrench attack? edit: please don’t show me.
answered in reply to studyforgain
unfortunately not. but i immediately uninstalled teamviewer because that’s the program the remote person was tinkering with. i also revoked all devices from my chrome remote desktop and require a pin every single time now and never let a device remember the pin.
you too far greater measures than i did. i need to heed google’s password advice. a lot of my passwords are pwned because of all the frequent data leaks. i saw someone try to login to my acorns account the other day too but 2fa was able to prevent them access luckily.
you send the atoms to your ledger address and then on your computer when connected via usb you can use a web wallet like lunie or cosmostation to delegate your atom to a validator (stake them). then you can collect rewards the same way except by sending a reward collection transaction using the same method. edit: sorry, i thought we were in the cosmos subreddit. how silly of me! although, the process for ether won’t be much different when it’s ready!
you’re right, i’m in the wrong subreddit hah! whoops!
prove it. send me your seed phrase
and yet a day ago you said you had 20 eth. lol fucking 🤡 i bet you only got 20 bucks invested and want to look rich. poor people are so pathetic
👍 i’m working on that too lol good luck
nice bro. love it!
the way is the way.
you know, it is closer than you'd want. i did the math, and it would take about 55 years given the projected inflation rate for 2022. easy rough math: * current usd market cap: ~30tn * projected inflation for 2022: 2.4% so: 30tn*(1.024^55 )=110.5tn, right? saying that again: in 55 years, your money will be worth almost 1. i feel like someone should ring the scam alert so ya, convert your fiat and crypto into property. land on earth is a limited and non fungible quantity, more fixed in supply than gold (which could be made in a lab, or farmed on an asteroid)
few understand the profoundness of that statement.
caution, those demolish your ass ... 🤣🤣
’s crypto. “give me your crypto or i’ll hit you with this wrench.”
it is the principle that all of the sophisticated, high tech, diligently maintained and layered security in the world will not protect your coins from the following simple attack: i break into your home with a wrench and proceed to hit you in the face with said wrench until you hand over your info (private key, password etc). edit: forgot to add, this is the entire basis of keeping your mouth shut online and in real life about your holdings. it's honestly the only sure fire way to avoid a wrench attack - if noone knows you have the coins.
what's wrong with binance, pls? i'm not in support of centralised exchanges, but for countries with bank ban on crypto based transactions, binance has the needed p2p traffic. also, for those buying too little to cover gas fees of btc and eth, exchanges are the only option, sadly. can't buy little that cannot cover gas fees with non-custodial p2p platforms.
as a reddit noob, can you share if there’s a shortcut of finding that reply?
thanks for sharing. pardon my ignorance but what's team viewer?
remindme! 2 weeks this seems like a complete foreign language. i’ve jumped ahead myself as i don’t have a ledger yet; soooo, i’ll come back to this
listen, i'm on coinbase any good?
i bought a lot over the last weekend. i have 21 eth now. i will be adding more if it falls to .
eth way is eth way
oh so the "end of the decade" is 55 years from now? huh, til. honestly, i'm not an economist, and it is been over a decade since i've taken an economics course, so i'm not going to confirm if your math is correct or not. but even if it is... so do you mean like how, (55 years ago)? doesn't seem that bad now, does it? (source: the problem is that employers are not updating wages with cost of living increases each year (or ever). inflation is not the issue, a low rate of inflation is healthy and indicates a growing economy. this is actually somewhat related to why recent claims many are making of there being a "labor shortage" in the market are bullshit (sources:
well technically this isn’t necessarily true, in a very unlikely but possible scenario, nobody buys eth at 5k or 10k, orderbooks have buys and sells at 4999.99 - 5000.01 and 9999.99 to 10000.01. so without actually ever seeing 5k or 10k, when someone buys at 20k on the nuts we will have seen 20k before 5k and 10k. it’s unlikely, but as jim carey says it in dumb and dumber “so your saying there’s a chance!”
it's okay, i'm the demolition man lol.
but i could doge a wrench
i feel like i could take a wrench attack. just don’t fuck with my fingernails. imma give up my crypto and my children if you start pulling off my fingernails.
it shows directly below this comment
it lets you remotely access other computers
sorry just made an edit, my mistake!
i use it for shit coins only.
i'm not sure how i've offended you, but i did say: > you know, it is closer than you'd want i agree that 55 years is not a decade, obviously, and that employers do not keep up. but you cannot entirely blame the employers when inflation is this wild. america is printing money faster than ever before! it's only been accelerating since we went off the gold standard in the 30s the other problem is that the money i have, unless it is earning at least 2.4% in index funds or something, will be worth 1, by the time i retire. people's financial power is constantly being sapped my math is very simple. if it is going up by 2.4% per year, then to find out next year's total, you multiply by 1.024. then you take that and multiply by 1.024 again next year. do this 55 times and you get my equation
orderbooks? that's so 2019. i'm currently pursuing a phd in concentrated liquidity and let me tell you it did wonder on my fat fingers.
if you can doge a wrench, you can doge a bull...wish i'd doged a wrench.
underrated this comment is
lol i know you're kidding, but yeah. "wrench" is just a term used to signify an in person, physical attack. take care of yourself out there and do not brag to anyone about your crypto. there are people i have worked with for 10 years who have gotten involved in this recent bull run and have mentioned it to me and asked if i am as well. i have dabbled in crypto since 2016, but i tell every one of them "meh i do not pay attention to that stuff." and i'm the type who would love to chat about it but shit i'm not about to put the word out at work that "haha lol yeah man i know about erhereum! i've been following crypto since 2016 or so!" cause that starts putting ideas in peoples heads. word travels. i'm genuinely not the paranoid type, either. just try to watch my back. stay safe!
and thus began the rise in popularity of the “”.
i'll do that man, thanks for the advice
so staking on coinbase is a pretty awful idea since you're not even able to access it
that bad? hm, i'll have a look what else is up in uk
i'm not sure what i said that indicated i was offended? i know what you're saying, but i'm telling you that you are just wrong, and you should really do some research about what actual economists say about inflation. you might think that you'd be better off in the long term with no inflation, but you're wrong. there are reasons why the fed aims for a rate of ~2% (over the long term). it's not just as a made up excuse to allow the government to print money when needed. here's an interesting take from the uk in 2015 where they were actually thisappointed that they had a rate of 0.5% instead of their target of 2%:
well then perhaps all the lp’s for eth are supersticious of the even numbers of 5k and 10k and those exact numbers represent inactive liquidity for the pool, sorry, no ticks at 5k or 10k
be the gray man
that's the point of staking though, you lock your eth up but get a yield from it as a reward. staking on coinbase is easy but staking through a centralised entity is not really in the spirit of crypto. rocketpool looks to be a viable alternative when it kicks off.
i feel that you're offended because you laid into me about the decade thing, and are now assuming i want no inflation. i did not make either of those statements
pretty much. i do not know how many times i have painfully feigned ignorance and thisinterest in crypto to people i know.
staking is stupid as hell
honest question, why is it stupid? is it comparable to dividends with etf? or is it stupid because it locks it up in case you try to trade?
[tip this post any amount of ]( (by [10:33am utc]( to keep it visible.
25 bitcoin for a fucking penguin doll!!! gods must be crazy!!!!
take my upvote. is there a german version by any chance? for my english-lazy german friends?
well ... its a little bit more complicated then that on bank end. lets say you have visa card issues by boa. so far so good. when you swipe your card the information from pos first goes to authorization center. here the query is divided into multiple part and all queries are done at the same time.is the card blocked or active. can the holder of pos work with boa ?is the merchant on black list ? did the transaction trigger any fraud red flags ? transaction is sent to visa, they need to confirm bin data is legit. transaction is sent to bank, they need to confirm you have money. if all checks out authorization center sends confirmation to pos and your transaction is authorized. all of this is done in aprox 2 seconds or so, max time is 4 seconds. i love crypto, but also enjoy benefits of banking systems. like fraud prevention. transaction cancelation chargeback etc.
lol that is funny
this is way way simplified
any link to the show on bbc
shared to my dad, thanks. edit: okay lol, seems dude who invited me to **earn 6000% apy™** is quite thisturbed, honestly leaves little to the imagination of how they got hacked, or why they targeted my post, or any of the 10 other comments of theirs saying exactly the same thing. maybe they did get hacked, i asked them to delete their previous comments that were hacked, they then went through my post history to like...talk about killing my cats? weird flex, a 9mm would stop you, but weird flex. i do not get it, do not think i ever will. oh well, blocked, if you see them, know this interaction happened.
haha that was hilarious i am dead laughing... thanks man this made my day.
i liked it. though under proof-of-work the award is to produce the next block, not for validating. for example you can have a eth node which validates the state of the chain and receive no compensation.
except every time you buy something you use 2 months of electricity for a house
he left out the part where you get charged , still don’t get the penguin, and now don’t have enough eth left to leave the penguin store 😂
anonymously? must be monero
he forgot to mention that the blockchain also takes a very expensive cut per transaction moreso than a bank. also, in btc case you'll need a multimillion dollar mining operation to be one of the book keepers
the penguin is damn cute...
what’s stopping the banks to become bookkeppers and ledgers as well and charge the same fees?
cool. but now i'd rather now how i get a job at mcdonalds.
this... is actually great man
show this to your parents and family.
had to watch this again, so cool
what is this a scam advertisement to how all the nerds are gonna steal your money if you put it in their scam system?
nicely explained. coooool ! :)
lol this might really come in handy xd
lol, ok i have to share this with kids
damn this is actually very very informative.
saved! thats one of the most eli5 ways i've ever seen a public ledger explained.
sorry, i’m trying to understand, and i’m not the most technical person. but according to this video, the 2 main advantages of bitcoin vs fiat is you don’t have ~~robots~~ to pay the bank, and the ledger is controlled by multiple people. but what about gasfees? you still have to pay (a lot) to move your cryptos, so that’s not really an advantage imo. or am i missing something? edit: autocorrect, robot = to pay
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [sec]("last usage")(us) securities and exchange commission [xmr]("last usage")[coin] monero ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 3 acronyms.) ^([thread for this sub, first seen 6th dec 2021, 12:17]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
this is a great explanation. from what i'm seeing this video has been around for quite some time. it's a shame it has not gotten the attention it truly deserves. but you have brought it back to life so for that i salute you kind sir. also, have an updoot and a little something else for christmas.
pretty good for the average person. doesn't thistinguish well enough between mining and validating, but it is probably worth the simplification.
the full episode is on youtube as well, at [ this bit starts at around 6:30
they all pool up, and there are less pools than banks. tfw banks are more decentralized than crypto.
my 28 days from registration is up in two more days.
it is interesting the way "the bank" holds the pen.
great video! i need to bookmark this, it is perfect for showing beginners how crypto works!
for us torrentors, seeding is very similar
thanks for sharing. also this one is great: '
i was planning on deciding i didn’t need to watch this after the first 5 seconds, but then i recognized the guys voice from that youtube channel i can’t pronounce or spell that has all the informative animated videos, so i was like “alright, i’m in”
i believe in . soon it will be more news about listing don’t miss it! the best platform has a plan on the apeswap
but you still have to pay a fee…
oh silly me, i used to imagine little minions doing all the dirty work. hmm computers, not too shabby
more confused. send help.
still don’t get it, and neither do you.
this is incredible….been trying to get my family into it. hopefully this will finally make sense for them
and what if someone could change every ledger so that there are no thiscrepencies?
i thought the bitcoin blockchain records transactions (only) - not balances? (in which case- isn’t he wrong to suggest there is an initial check to see if the account holder is good for the transaction?
gamers would keep the records.
watching this video hurts my feelings. i remember telling all my friends about this when i first saw it but not actually buy any. wat a 🍩
won't there be a huge amount of data sometime because of all the transactions?
it's not that easy to understand how crypto works, if you go down the rabbithole there are million things to understand.
nice video, where can i download it i would like to add my language subtitle to it.
please stop peddling dodgy videos like this.
i hope to see the downfall of centralized banking in my lifetime
i think this video can give some explanations to people who have just started using cryptocurrency. i think it is useful. i gave a useful award. i hope this can encourage people who make videos.
what type of link you have shared above? please share.
this video is pretty old, iirc it was between 2013 and 2017, obv a bitcoin video
someone might pay that for nft lol
shit is been crazy after brexit ngl
must be the big iceland airport, it was like 9000 kr (~) for a little sheep doll.
penguins are special. there are people spending a lot for an nft
yeah, i agree with you there are some drawbacks of bitcoin.
nice to see a fellow penguin enthusiast in the comments every now and then
that's what i did!
i'd love a german version too. as someone who recently got stuck explaining how paying and account balance works with crypto currency i'd love to send this video...
i do not understand what are exactly talking about? please clear.
the biggest mistake we in the community can make, would be thiscrediting the obvious and existing benefits of the current banking system as well as thiscrediting the critique of people pointing out simple issues with the current state of crypto.
great information you have shared here, keep it up. good job.
no getting taxed on every transaction you make.
wow, such an amazing knowledge you have regarding bitcoin.
why you are so happy and what is fun in it? please share.
panorama, s2018e05. for those who can watch the beeb: for some of the rest of us:
which content do you want to telecast on bbc? please share.
glad it was appreciated by you :)
i also shared to my father and brother
first thing i wanted to do as well
wow, you have such a great experience regarding bitcoin.
anytime furysammy...glad i could put a smile on your face :)
why are you so happy in this depressed days? please share.
a node that does not mine is useless and effectively not part of the network. it cannot orphan blocks. it is therefore, not a 'node' as far as the whitepaper is concerned.
for now. has to change for adoption. i agree.
xmr for the win
bitcoin is completely anonymous. addresses do not have identities attached to them, you attach your identity to the address by using a kyc exchange.
so burn all your cards then, buy crypto with cash
oh yeah? why? crypto is a rich mans sport. have you seen the fees? fees are literally ducking higher than the entire sums raised by micro loans for impoverished people to start businesses… ‘fuck the banks’ as if they aren’t cheaper and more efficient than crypto especially since they’ve been converting their systems to consortium blockchains. every single time a stock is loaned in traditional finance within the united states for margin, it is being traded via smart contracts in a proprietary token less blockchain being used by multiple clearing houses and almost every large us investment bank. it took our organization less than ten months of salary (5 devs in 2 months) to integrate our systems with this private blockchain. the problem isn’t banks man. crypto is simply a technology. it won’t change the world. if we went to a public blockchain tokens = votes tokens = money = tokens = votes = votes votes = power = power. it’s the same exact shit
so i assume your employer is paying your salary in crypto now.
lithium batteries for electric vehicles were also stupid expensive a decade ago. today? much, much, much cheaper. expensive technology today will become cheaper with progress and innovation. stay bullish my friend. soon this tech will be painfully obvious.
i guess bitcoin is a good way to earn online with some drawbacks.
they forgot to mention that the bank also uses a computer
you clearly dont understand how fast technology moves
move to algo, leave that gas behind
nothing, but you cannot even mention this idea on this sub. people cannot comprehend that banks will never go away, what will most likely happen is with regulation they will become nodes themselves, especially if cbdc is introduced. i would rather have my crypto deposited with a bank that offers crypto custody rather than having to have every secret phrase written on a piece of paper hidden somewhere or some 3rd party holding my tokens.
who said that they should not? (who said that they *are not*?)
nothing, but the point is that banks wouldn't have a greater vote than anyone else in the validity of a transaction or the balance in an account. they'd have no special privileges or powers.
i really do not know about this, please share if you have knowledge.
i also do not know about this, please accept apologies, thanks.
> but what about gasfees? eth gas fees are out of whack, but still cheaper than paying for bank settlement on larger tx. it’s noticeable for people making small tx because it’s frontloaded to the sender and it’s a big % of your tx. however, for example visa take 2% of a tx to settle your payment and the settlement takes multiple days (behind the scenes). if gas fees on eth are . this isn’t event taking in to consideration the fact that eth transactions are settled essentially instantly compared to visa tx. also consider that with crypto your money is borderless and tx fees are the same if you want to send to someone in the next town or someone in nigeria. by comparison the western union fees are very high, the service is unreliable, and they have a complex system of different fees depending on where you are send to or from.
> or am i missing something? this video was made years ago when fees were much much smaller.
wow, you have good knowledge abouy bitcoin, keep it up.
sorry i cannot you understand what are talking about? make it clear.
wow, good explanation about required infomation, keep it up.
thanks for sharing your good and valuable experience. good job.
what are you talking about? i cannot understand. make it clear.
can't understand, share your experience more clear and effectively.
which kind of video you are talking about? make it clear.
sorry i do not understand, what kind of payment you need?
god i hope they make a proper tax law. this one sucks for traders.
that is in fact how an authorisation system works for cards.
most based bbc video lol
any change on yt?
what kind of links do you have shared above? please share.
dude spam commented some dumb scambot thing in reply to my comment. i'm assuming it is gone because i blocked them? no idea how that works tbh.
yeah, sharing is a great thing to make the things easier.
lol nice, my first scamtard of the day. i'll dm you, see how much of your time i can waste. if you got hacked you should probably delete all 10 comments of this. not just this one.
yeah, that is a good gesture from your side, god bless you.
i don’t understand this take?
yeah but by that logic all crypto is completely anonymous and even if you do not identify yourself your bitcoin is still identifiable, traceable on the blockchain. correct me if i'm wrong.
wow, good informatiom you have about bitcoin, keep it up.
in your typical cryptocurrencies like bitcoin and ethereum, the "ledger" aka the full transaction history is public for anyone to to view so it is easy to track the flow of money from and to any given address. but in monero, the transaction history is encrypted in such a way that only the computers understand what's going on so that no one can see where money has been and gone, but since the computers still know what's going on you can trust everything is where it is supposed to be.
lol, it seems like you have bad experience with crypto.
you need to expand your knowledge of the crypto sphere my friend. i am an eth bull but i agree that fees are ridiculous right now. i invite you to check out cosmos network...
wow, such a great information you have shared here, good job.
> crypto is a rich mans sport. bitcoin cash still running with sub-cent fees. everyone loves to shit on it, but you cannot deny that it simply just works.
good job you have shared here, good job keep it up.
you need a good public trustless permissionless decentralised cheap ledger to unseat the banks
if they are not already, then they will be pretty soon.
been asking for eight years... even offered to take pay cuts. they all look at me confused as fuck.
economies of scale work for batteries not for crypto
yeah, i agree with you, and you have better knowledge about technology.
yeah, i agree with you ,banks duly used the computers.
yeah, i agree with you, technology is much faster than before,
eth? sure btc? not so much
for real. this video makes more sense in the context of algorand than of eth, considering centralisation and fees much much much higher than banks
i really do not know about this, if you have any knowledge please share.
try and mine some btc
wow, you have good knowledge about cryptocurrency. keep it up.
good knowledge you have about crypto currency. please share more info
it did actually. it sent me a pm.
wow, you have good knowlegde about eth, please share more info.
there are fewer mining pools than banks. how can it be more clear, it is one sentence.
just playing around lol. if you’re into penguins though thats cool, never really looked into em much
for my english-speaking friends in germany that are too lazy to put brain grease in a translation(although they would be able to...) ' german version please! :)
true. but, you left out the step were a lot of banks deny you use of your visa or debit card if you want to use your money to buy crypto.
which video you are talking about here? please share.
i do not understand this question. afaik, they are urls like any other.
its gone. scammers are a scum
i cannot understand what are you talking about, please make it clear.
my account got hacked bro
you are absolutely right. that is how everyone can validate the transaction and know how much is in the crypto wallet to authorized a transaction.
crypto not totally is anonymous, it have good aspects too.
cosmos is going to be a legitimate option for tradfi. i am long atom. fees are stupid low. and having ibc via a public relay chain isn’t a bad idea since we can still achieve privacy. however for speculators, the price increases of previous currencies are way too out of line with what they should expect from atom. it needs to remain stable and affordable to be effective for those organizations. i am happy holding atom and staking. i hope the price stays relatively flat. i trade it within a range. i stake cheap atom i pick up within that range. the stake reward on atom is absolutely amazing without any price increases right now. when industry accepts something like this the flood of new capital should lower our returns and that’s a sign of absolute success not failure.
can you buy a stock with nano? synthetics sure. but can you actually purchase any part of the world? the corporation keeps stock holders on their own ledger. either in the owners name or street name (custodian via your broker). corporations will easily transition their ledgers to be available to private blockchains. stocks can be issued and transferred around much cheaper with a lot less overhead. brokers will be hosting margin and derivative contracts. instead of trading a particular fully funded underlying contract, you’ll trade a contract they publish that allows them to default you when you breach their specific limits. securities are entirely regulation. monopoly of force is necessary to ensure they pay up and don’t commit fraud and do fuck shit. you rely on the industry to be the middle man. the folks who don’t understand the tradfi industry hate it. but they fail to realize we need all of those ‘bad things’ they don’t understand regardless of the underlying technical implementation.
over two billion people live on under a dollar a day. ‘sub cent fees are affordable’. boi that’s literally a huge part of over two billion people’s budget. you know how much bank transactions cost these people? 0. 0... 0… 0…. how much does it cost to trade stock? . how much does the clearinghouse charge for options or futures? two cents a trade last i checked. it costs several dollars to deposit a stablecoin into a defi account and receive interet (terra) it then costs several more dollars to withdraw. you’re a goon dude.
i think that is one of the biggest challenge with cryptos. you need acceptance at merchants and accessibility from your income sources. i wonder how was it when the world switched from using gold coins to paper money centuries ago or from paper money to plastic. those must have faced similar challenges.
yeah, i agree with your stance that i an suffering too.
what an absurd statement.
technology still improves. thus, also improves hashrate.
eth sure lol. lately the gas fee has gone astronomically high. i had to pay . i can’t wait to waist , or wait forever for transaction to complete if i choose my own gas fee.
that is country by country issue. it has more with political climate then banks. but can be avoided. by using revolut or any other virtual card. revolut ( afaik ) supports sepa. im sure there are others.
what kind od link you have shared here? please share.
but you haven’t deleted the comment
no, it didn’t. you were dropping n-bombs recently, meaning you did it after getting your account back. slink away back into your cave.
i did. thanks professor.
yeah, i agree with your stance you are totally good at your opinion
nano would be used in different ways because it’s not really a community computer in the way smart chains like cosmos. nano and bitcoin are more comparable in that way.
can't understand what are you talking about here? please make it clear.
lol. you just do not understand the hidden fees in the traditional financial system. further, you do not know the other systems available that allow significantly lower fees.
not really, they were all backed by the same thing. gold. changing the medium of exchange is simply for convenience; until the creation of fiat.
yeah, i agree with your stance, you have good information.
eth as in technology is still in development, btc is stuck in 2010
wow, it seems you have great experience with crypto, good job.
this is the full version of the show that this clip came from. if you go to about 6:30 or so, you’ll see this clip - but the rest of the show is fairly interesting too, so i provided the link to the whole thing. sorry i didn’t explain that when i posted the youtube link, i should have been more clear.
yea i should prolly do that
i am not very familiar with privacy cryptos since i am an avid supporter of bringing crypto into the tradfi space (for the reasons i mentioned). blockchain will fix a lot of issues. i work with the dtcc and their subs for my position. i am onboard. i will check out the link. i have explored how we can open collateral outside of relying on dtcc etc. dtcc can be replaced. the only reason we are reliant on corporations like the dtcc or mers (nominee in every single mortgage being resold as mbs) is due to how we adapted an old system with previous technology. a lot of black boxes. if you have assets in dtcc it’s easy to settle securities transactions, derivatives, use as collateral, etc. it is beneficial because it greatly reduced the amount of time it took to ‘redirect’ your assets. you can be exercised on, receive securities, pledge and fully collateralize the opposite contract you sold etc without having to talk to too many folks. with real time deposits the need for dtcc goes away. we can start accepting collateral directly or even accept vetted depository contracts or however it’s decided it needs to be done
monopoly on violence? one can broker many things, equity, bonds, derivatives, cows, homes, oil currently sitting in a barge at port waiting for a truck to pull up and take some oil. the blockchain stops in the digital realm. human actions are required for physical assets. you can’t actually evict a tenant by issuing a smart contract call. you cant exactly force them to pay debts (unless the world is on chain). you can’t do anything if the corn oil or iron they delivered was a lower grade than promised. we rely on the state to enforce our property rights.
at least usd is not backed by gold.
too many big words?
not anymore, but it was for many years.
if i really wanted to scam someone i wouldnt do it on reddit and plus i had to change my password on reddit cause i got an alert that someone got access to my account lol but hey detective do ya job
i actually laughed, as i sit here, in an amazon warehouse, on a 20 min break. fml
a mercedes is a mercedes. cant complain
i wish i had a free award to give you, because like everyone else, i’m broke here 🏅
earning more money to buy the dip is actively taking the opportunity of a lifetime to buy more cheap eth
in honor of bitcoin pizza day i got a job at domino’s.
no one flexes like ethereum holders flex
back to work boys
damnit i'm literally about to go clock in for work at an amazon warehouse :(
that made my day as a past amazon delivery guy.
at least your amazon packages go on mercedes.
how much was the crypto capital gains tax?
why did i start to perceive carton box and warehouse smells as soon as i saw this post?
are you allowed to go for toilet breaks?
hahahaha i was laughing so hard.you are make my day sir
this may be the way!!!
this is a nice opportunity to dca during red days. honest work.
dude i’m stealing this
almost got me not gonna lie
needed a good laugh today ! thanks
our mans is the new amazon ceo?! congrats!
real jobs require real men. i do not mean trading is a small or an easy job do not get offended fellow traders.
oh, lol this one is funny.
🤣🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂 my man, you made it!!
after this week a lambo matchbox car is a goal
running out of cash buying all these dips!
make sure to keep your drink and piss cup in designated cupholders.
laughing the fuck out loud!!!! 🤣🤣🤣🤣
not many people can say that drive a spinter.
yes, now this is the way
too many people working at fkn amazon. fml. go serve tables ffs. jobs galore. fk amazon. i get my gpus there only until americans are smart enough to manufacture their own. wtf up, usa! 😉 (also me: you know what? why do not i earn some seed money and start up an gpu manufacturing plant...? hmm. seems quite profitable. just ask the china-comms...)
congratulations 🎊 bud. seeing this good news on a monday morning makes me feel like my big testimony is coming from the bbs trades i've engaged in
lord bezos says get back to work! you just spent your weekly 2 min bathroom break making a meme.
maybe do a "what's the strangest stuff people order" thread...
as someone who drove one of these vans for 6 months, i wish the inside was that luxurious 😂
nice! looks like you hit the big buc...! oh... ohhh...
this made me emotional two times
you'll be driving the benz soon. hodl.💎
i pissed myself laughing!! just stick to it for the long run!
use the right steering wheel next time smh, total catfish !!
al the way up 💸💸💸💸
snorted my coffee, thanks!
clearly you either bought shit coins or you did not take profits or you bought the green 😂
that steering wheel is not from that van...i know that for fact 😑
i thought you were bragging... 🤭😂
this is beyond brilliant!
this pair is top tier
hahahaha, nice. appreciate the super early delivery this morning! my coffee needs that agave 😋
sold all my at ,300 after reading about governments applying carbon taxes by the end of the year on eth! i’ll probably go back in when dips to .00
woops! good luck on your job. i hope eth helps you reach financial freedom.
starting there in 2 days at 3am🙃
you'll be fine!! i know so.
better than walking. can't complain.
dipscounts! eth below 3k is a hell of a steal.
do you think it is a good time to buy eth? i have a lot of etc and now i want to buy eth since it is low, but i still think it is better to ask before i go ahead and buy. also what platform do you suggest because i am honestly so sick of robinhood.
well done. gotta have fiat to pour into eth.
hello you can use the dip to invest in forex trade and make good profit and if you ready i can teach on how to make not less than ,740 in less than 6days you can write me back or whatsapp me on +1 (225)460-4357
and if it doesn’t dip to ?
mind sharing that news article? thanks
it's all good. one day i will look back fondly on my days here and remember that working at amazon is how i paid for my first eth.
there were a bunch of amazonian babies having their "day 1" at my warehouse today. i actually really like working for amazon. it's not a bad job.
this right here is beautiful 🥺✨
i am in tears looking at the generosity in this thread...
i got a free one again, there you go
true… but i guess that’s the gamble i’m taking after making ,000
good to hear! all of luck!
yea it’s really not i’ve worked there before but it gets mundane after awhile
any eth below 2k is a steal. any eth below 4k is a deal.
fomo is hard to fight ... i’m a certifiable hodler and tend to focus in the number of eth i hold not the number of $. i’ll sell (some) at 10k... maybe
[tip this post any amount of ]( (by [8:04pm utc]( to keep it visible.
it’s almost as low as it was when i first bought it 😳 selling now would be ridiculous. it’ll go back up eventually… it better
thanks for posting this as it is not an easy task hodling especially in this type of dip.
this too “shall pass”. ~64k club member. oof.
ok, that made my day
we will survive this bear market together !
hold we must , no matter what . ride gonna be bumpy but it’s headed towards moon
did someone paint that dog to look like a cheetah?
where's the rabbit? 😁
hodlers no matter what just hodl no fomo. this time will pass too just have patience!!
true , bitcoin hodlers are forged in the fires of mount dip.
new sport: baby racing.
still hanging in there and staying strong, the price i have to pay
buy low, sell high? nah, i buy high, sell low.
holders really need to stay very strong
wait is not that a real child? i thought it is freaking real man.
it's a good opportunity to buy this dip i do not see any panic in my head.
i did not sell when bitcoin went from . i would not be selling today either.
so btc will go to sub 1k, as most of maxis got in so eagerly...
i thought that was a real baby for a sec. but seriously, who would sell at this point?
someone needs to splice in a t-rex so this can be a jurassic park scene re-enactment
need to get me one of these for my commute to work.
am i retarded for thinking that was a real baby for longer than i should have?
eth 2 gave me those forced diamond hands
my brother told me to buy eth despite have no experience with all this stock market and crypto currency thing because its start dipping , all i know is buy low sell high and hold until you are satisfied . guess i'm part of the gang now ,hodl!!!! ( why does hold spell like that )
my kid left one of those in the back seat of my car. i went in store to get a new lp gas tank…guy brings it to car, sees “baby” in back seat, thought i’d left actual baby alone in car…😂😂😂
been in crypto for a month now and bought my first eth today. hope the sale ends soon
i do not why everybody is upset. i've been waiting for a nice dip to jump back in after taking some profits a while back.
shiiiit, i’m scaling, and it’s been on sale all month.
realistically, it is hard to hold and stay strong in a time like this. it's the beginning of the year and everyone is just revved up about the whole situation. my consolation at the moment are the staked assets i've got. over 150% apy from gov is still the best on my radar at the moment. binance staking is cool but the apy rates are not that exciting. bad market but at least i'm yielding something
early adopters do not care.
it’s pretty easy to hold right now. your coins are worth shit and it’s going back up. chill. read a book. go to a bunny ranch in nv. book a vacation. go back to school. gonna be fine
it's a crucial time but we all know we will still hold it.
all my eth is staked. couldn't sell it if i wanted to. also, i do not want to.
i believe a great way to hodl on this sort of fud times is through dca if possible (see your average buy price getting lower at every purchase) plus the good use of defi & staking to get some passive income on our idle crypto! this days it is super easy to get our crypto staking on huge platforms like binance, and for defi there are countless great alternatives like [crypto.com]( [yield.app]( nexus blockfi, etc diversification between a good basket of assets is also a good approach imo
hold for how long?
like there is choice. this market is men now, boys are leaving the building.
stay out of the u.s. stock market this year. buy ethe right now and let it make you 100% to 300% by year end. easy does it. end of trading. glta!!!
here we go !!! 🚀
nothing else to do. maybe pur have more
been through enough of these that it is easier to buy more than sell. that number is one, by the way. i learn quickly.
etherium can take it's fees and cram em
oh that god it is not a real baby
actually laughed out loud at this. well done
anyone else think this was a cheetah at first?
stay strong little hodl
great way to train a dog.
😂😂😂 thanks for this, got me laughing although this dip does not bug me, still gonna be holding my eth and luxy bag
you callin me a plastic baby taped to a dog?
damn my man, this is what we all need to do in the coming days.
just stay quite and forget about your investment for some days.
how to stay strong? i want someone to hold it for me.
0x464d1c... [tipped]( you 1.0 donut!
as the owner of a retired, i can say without a doubt, that dog is having a f-ing blast!
i am sad but this helps a bit, keep sharing these things.
this is a freaking crash man, i do not know how to hold anymore.
who else is buying the dip!?!? ✨🦾
i feel strong. because my purchase cost is low. now my eth still maintains a profit of more than 5 times the cost
i wish that child was real in this video, that would be better xd
sorry but i am weak and i sold some of my investments.
indeed man, we gonna make it together, just waiting for this bear season to end.
with a smile on my face, just like that be be.
as a father of small children, i was absolutely mortified that this was a real child with their head bouncing around. they had me in the first half.
whoa what kind of dog is that?
i am with you all, let us get out of this bear season soon.
i staked everything so i have no choice but to ride till the end 😎 😁
the real question is, did they paint the dog?
if the fundamentals have not changed why sell.
i bought more algo eth and xtz
lmao this gave me enough confidence now, thanks for that.
well i'd waiting for 1.75k to make my final buy. even if it does not happen i'm good. 17 eth that will become 20 eth by lending interest till 2025.
you all guys are so strong and ambitious, i could never be like you.
loved it bruh, i was having a bad day but this made me laugh.
i always hold one eth i feel like everyone should have 1 eth
well basically, i do not want to sell at a 50% dump lol .
please what's the advantage of taking profit...your coin value get reduced. so what's the advantage of hodling is not it better to just trade? i need some explanation please...
imagine the collective temptation of the public...
i do not wanna piss off this dog 🐕 ever...
when the hours of learning reveal the fundamentals of bitcoin, it is simply idiotic not to buy.
if you are still holding then you have already won the game.
our lovely btc is heading backwards to somewhere below ... stay strong dear hodlers...and stay healthy cheers .
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has acronyms.) ^([thread for this sub, first seen 25th jan 2022, 09:20]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
u-ad-438 [tipped]( you 1.0 donut!
tips to avoid regret in the next bear market · measure your risk tolerance
can we talk about the cameraman ??!
what animal is that?
someone please make that a gif
that's the true essence of my own style the hodl wadl its a move only the most butt clenching holders would know. waddling around the house trying not to sell checking the market properly...100x a hour. then only trying to wash out the madness of your actions, to remembering one peep a week. then finally put it away and out of sight to come back to it after moon. so now i just yell at my neighbor to check his coinbase for me only 3-4 times a day. he hates me but he kindly does just to call me a dummy under his breathing.
more like toddler stay strong
it is going to be a long night in the battle station . xd .
our basis is so low that we still have a 6 figure gain after this dip.
the market will make the patient & strong hodlers rich. due diligence & control your emotions. stay the course & enjoy a better life!
the price does not matter, hodlers love bitcoin and ethereum anyway.
trading bitcoin makes no sense to me. is 100%+ annual returns from hodling not enough???
there is a giveaway for crypto, saw this on twitter and im happy i did. i'm so shocked. so much to give, what an amazing day this is! last chance everyone go to before its too late not much time left...sharing for others hope it helps.
check out: “dynasets” eth strong baby!!
i'm going to ride near, spdr and qrdo. holding good tokens gives joy.
i thought it was a real baby...
eth is my entire savings account. hodl or die.
what is keeping up with that thing to record it lol
does this work in this part of the internet?
hodling my 200. diamond hands baby
selling now would make you ancient… don’t worry it will go up soon
we should probably learn to take profits at some point.
it will go up very soon my brother... just wait for the bull run to begin
this might be a much deeper dip than your typical pullback. stay strong hodlers. crypto will survive this one.
honestly, i would never sell. i will only be selling to the whales as we know there are only 21millions of it. not forgetting the 2017 bull run. one of the reasons am hodling unto my ride atm. i stand a 100% chance to miss out if i sell now.
thanks man i appreciate you liked it. just remember hodl!!
yes, it is a motivation for all hodlers
just hold and eat ramen
really i find it easier to hold dips than ath myself... i'm never tempted by loses.
i mean a this point it’s all gone anyway. no sense selling it all for a couple hundred bucks now. might as well just forget those accounts exist and check back on them in a few years.
these kinda posts really helps some of us, it is good to smile on them.
hodling the good projects that have prospects makes hodling easier, i hold lfg and makes passive income alongside.
you am not thinking of selling now, are you?
once you've been in the crypto game long enough, huge dips start to excite you. buy the dip you paper handed buffoons.
hahaha i am with you let us defeat and fccckkk them
the bear is knocking my door right now he may broke my door anytime now
but still we are hanging atleast
i am like last drop of pee
this ride will soon turn into bull ride. just hodl
my ass is getting fucked holding this shit
better days are coming mate
thanks man atleast i have done something today.
lol, same here this is too funny. thank you for this man
rip off the band-aid if you are still in eth. invest in better technology.
yeah there are so many people waiting for this market to end and waiting for big pump
well for an instance i thought it is a cheetah then i looked it very carefully...
new breed: greyhound cheetah.
i’m also curious it’s like a wild animal.
rabbit is in fear right now...
rabbits have high fear and greed index, so do not be like rabbit
yeah keep hodling and buy the dip, soon we'll on a bullish run.
patience is the foundation of hodling. hodl with patience
yeah fomo is the thing that has resulted in the loss of many holders
a baby of a crypto hodler
buy the dippy dip... this time shall pass too
yeah they need to survive this bear season, it is a bright sun after that.
time to buy now!!
hahaha i thought of godzilla crypto market is on fire right now.
lmfao would be accurate
hahaha man i thought we'll buy lambo together.
just a toy my brother
you're not the only retard here
no we also that baby was for real, but then i realized i was wrong
yeah man hodl eth that is the way
man i cannot wait to see eth 2 now. waiting for that man.
you did great my friend buying eth is the correct choice. welcome to our hodler family
if possible you should buy more because that will balance portfolio
haha man that was funny but quite serious at the same time...
when i looked from behind i thought it was for real but actually it was just a dummy
buy more and more it is a dip. and just wait for the bull run. btw congratulations...
well i am happy that i am filling my bags with eth
will you finally admit bitcoin is a massive pyramid scheme and that you were foolish and duped?
this is the best month to put everything you got in this market.
i do not know why but i could not hold it anymore man.
panic sellers should calm down man it is not a big deal.
man if you hold a good coin then you do not have to say that.
seeing crypto prices is like the normandy beach attack in wwii .
yes while selling it happens and we think the price will go up after we sell even in profit
if you have bought now, then hold for at least 3-4 months depending upon circumstances
we am not going anywhere we'll hodl in every situation
let the boys leave the building, we seriously do not want teens.
us stocks are tumbling hard, we can not trust stock market like crypto
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holders gonna have a beautiful future in coming years.
looks like a good adventure, we gonna try that in crypto.
the work to educate ppl on crypto has not changed. while short term gains may be out the window the goal of creating mass adoption remains the same .
this is what we should do after all, just buy more than sell.
dude get over from the fees thing, you can do loopring.
i wish for that actually, i am sorry but yeah i wished that.
yes, this video told us the benefit about holding for long time
yeah and i though why this cheetah is running at this speed it was slow
and during the crash they will say it is dying but during the pumps they will be silent or say “price doesn’t mean value” .
all financial markets are the same. there’s always insiders and there’s always the few.
when you understand that this is a revolution, conviction is not that difficult to uphold.
seriously how many times has this happened to eth? but when it does, emotion takes over and brains turn off. every time is the last time, and it’s going to zero.
anyone who had btc over 10 years, is up over 3000% for sure. conclusion: buy and hold at least 10 years .
crypto is very volatile, you can get those 50, if market rises
people don’t go broke taking profits
that’s is the goal
stay strong friends and hodlers! the markets will bounce back and we will be back to making money soon.
i mean there is no profits when dealing with these assets. the dollar is worthless and you will all learn that one day, all you can do is buy more and wait for the collapse.
or invest in something more profitable? index funds?
[this guy was waiting for the bull run too](
institutions are in control of price thiscovery now. the waters are uncharted.
when do you predict the next bull run?
we have been through worse … but ya every dip hurts but bull run is inevitable
we will survive it for sure man, let us focus on holding more.
that's literally me holding tight to my eth
i know holding is the right thing to do but the whole 'hodl' meme is kinda cringe. it started off well but now a days that is all people say
we all remeber that brother, staying strong until this market ends.
thanks. glad i'm not holding any shitcoin, that would have been the painful part. i'm not forgetting that quote anytime soon. once more, thank you
the convenient thing for us desperate individuals, is that there is no black and white, hodl or sell dichotomy. you can hold for the rest of your life and always pay for things with your wadd in an emergency. the only people who need to consider whether to hold or sell are brokers. because they cannot know when their clients will want their wadds and you cannot just expect them to wait through the dips, because that is basically what their clients pay them to avoid, right? so it is the brokers that have to be cautious and stress. and the leverage traders of course. but an average investor should be happy that some hedges gave up a fraction of their wadds to us... due to lack of faith in the markets lol... meanwhile that is literally why you buy into bitcoin haha no faith in the traditional markets...
if this doesn’t convince people that the whole crypto market is heavily manipulated, i don’t know what will.
it works really good on the people who feels low after the dip.
different stokes for different individuals. do what works for you
holding is pretty easy i do not know why people make it tough.
i get you, i sold because everyone calls it a shitcoin
well i do not know why but i feel like selling in this market lmao.
sure, it does help
true that, we should always appreciate these post bro.
that's one of the reason we're here. passive income is key but holding a project that has fundamental and good usecase cannot be overemphasized. what is lfg by the way?
that's why we always invest in good projects, not in shit coins.
i added some more eth and nii during this current dip. not selling anything but accumulating more right now
i think he sounds like he is gonna sell some on his investments.
blah blah shit happens
i wish the same brother...
i am been in the market from last year, getting some sense now
try holding that in wallet bruh
yes everyone in this bearish times are together, lets see the rise of market
haha might be a dangerous one
we need wild animals to hunt down bears
poor rabbit. he's in panic
can't wait for the bull run now.
if you have patience you can achieve every thing even lambo...
ohh that is nice
patience will help us survive worst market conditions
yeah but these fomo will eat holders and the will start doing panic selling
yes it will pass soon hopefully
all times are great to buy except, just need to hold and have patience
yes, of course, but it is like throwing money into a endless pit. just keeps dipping.
yeah, but if you see from behind it looked like it was for real
yes he was not the only one, everyone would have fallen for that trap
holding eth will only give profit, if you buy it during dip and hold for long
yeah, i just saw eth raised by 10% in just 1 hour, that is good investment
if you show this to kid they will laugh but holders should be serious
you know i can click your username and see all of your previous comments, right? took my 4 seconds to thisregard whatever you say since you spam anti cryptocurrency comments all over the place. can i ask if you being paid to do this, or do you not realize that smart contracts and defi are the future of commerce. also... cryptocurrency is no more a pyramid scheme than fiat currency backed by "full faith of the united states government". which honestly means nothing as there are no assets behind it. and i've made a good amount of money in the crypto market. much more than i've made in stocks. and i will continue to do so as long as it is a viable option for me.
this is the real way, we all gotta do the same thing in this market.
but they should think about it, holding is the best option right now.
but no they would not gonna understand this small thing man.
this is why we all are men not these boys brother, keep holding.
risk far less capital and with much much higher upside (upcoming catalyst: the merge) than the usual 8 to 10% with the spy, which is already down -11% ytd.
this is why we all are holding it tightly mate, let us go.
yeah true if the adoption remains same then it will be helpful.
we gotta take profits when we need money or to average down the cost by buying later
my concern is who is going to step up and invest after these massive sell offs?
you do if you take profits when its about to jump back up
i want to hug my eth investments tightly man, how can we do that?
it’s a sure way to succeed
well we should not care about these little things bro.
it's really foolish to hold shitcoins and expect much from them.
people will make anything look hard … and some will make everything seem so easy … it’s just balanced life
you did great man, now try to invest in some good coins.
yes, and lfg is the ticker for gamerse a nftgaming project which also has an ongoing lp mining with a 3 digits apy.
buy the dippy dip
bizarre question, but how did you feel about buying the dip? part of me is really cool on crypto right now and *wants* to sell, but i forced myself to buy instead as realistically nothing has changed since i was super bullish other than the price. feels good to get some cheap eth
bro. you and i think the same but i'm waiting for lower lows. i want to further reduce my purchase cost
that's my man, this sounds inspiring i am gonna buy more now.
nothing gives me more confidence than owning a good project; regardless of the dip, i continue to earn on my eth and sylo.
many people are like this rabbit, they just buy high and sell in panic
hodlers will hodl through all the hurdles and conquer
the bull run will come by the end of february till then just hold
yeah and that patience sometimes cost health, so hold for a particular time frame
patience is the key and it is the first rule.
it is best for those who want investment for long term holding is the best for them
but eventually it will go up right? right?
it will raise more than just 10 percent my man, just hold.
enough said , just bring the bull run and i’ll take the profits
a hell lot of people and organisations… just wait and watch
a lot will once they have confirmation or reason to.
waiting for the same
if you take profits then you made money. everything after that is irrelevant. there will always be another trade.
i guess hug your wallet or exchange app
exactly, we just give it sometime and off we go to moon
this stuff is routine for bitcoin hodlers. this is for our children’s future.
i'm already doing that. nii is my latest addition. looks solid as it is an underrated l2 protocol token. i'm seeing some hype in layer 2 token this year
i can afford to buy some now as i still have spare fund in usdt. i actually like using the dca method
just buy what you can afford to lose brother, do not be that hyped.
it's felt as though i'm buying a good at a huge thiscount. hope you know how that feels
i will be always in the market with last penny now haha
that's the way we hodl and pass everything. this is just the right time to invest more take advantage when of others fear...
yes, and that is the benefit of holding, you do not need to worry about these short dips
sometimes i feel bad that i didn’t take as much profits as i could… but it’s cool i guess we are ahead and get other chances
yup, not to mention nobody is ever going to be able to trade 100% perfectly, there will always be a "i could of sold for a bit more here" or " i could have bought more if i waited until now" thinking that way is just gonna drive you bananas.
dca is the way brother keep dcaing
you are doing right bro, keep using that dca method.
"*never try to save a bad investment by averaging down."* \-- max gunther in “***the zurich axioms***” here's the axiom a bit more elaborated: *"averaging down may lower your cost basis, but a lower cost basis in a bad investment is still a loss, likely made worse. if you wouldn’t put new money into an investment — having never owned it — at the fallen price, then don’t average down. accept the loss. sell. make it back in another opportunity."*
most of us do that and i cannot see anything better than dca.
haha reality of narket
selling now is a move of a novice, i'd rather be more greedy by buying and adding more to my bags of eth, dot, nii & ftm while others are fearfully selling.
yes and we should sell when others want to invest much in the crypto
yeah and we should enjoy in this dip time with buying more coins in portfolio
i dont even see my portfolio now, just look at the prices in the market.
i did feel very satisfied checking the price of eth and seeing that the first number was a 2 again today
down 75% you mean from the peak? or overall? i hope some of yall are still up overall like myself... eth at 200... those were the days
wait a minute, my portfolio supposed to ever go up again? this is weird to me.
ahh yes, mcwagie ft. wojak
ah yes, i'll cry a little less today
they say it takes 3 bull markets to get rich. one to get into too late, one where you sell a little too early, and one where you are finally prepared. keep accumulating during this bear market, and you should be rich by 2025
i ended with less eth than i started with. i'm a pro :')
checking my portfolio makes me sad 😔
i dont think i'm doing it right my portfolio says my overall growth is -193%
light at the end of the tunnel lol
it gives me hope. because i know in next year it will go up in 100% at least from where it is now haha
or it’s up 1200% rather than 1300%
that's so true that i do not if i should laugh at this meme or cry.
its like a reward
that mini pump earlier gave enough help for some that got stuck in that price range. but still, it hurts for those who bought at the top
just hodl it will take off. the prices for the past weeks were thiscounted to get your average down. hopefully the early morning was sign to buckle up.
haha. i feel the exact same way too.
the hopium is sweet indeed
the light at the end of the tunnel
the ultimate crypto mind f\*!k
do not cry everything will come back again and will even exceed yesterday
🥲🥲🥲 how did you get a pic of me on the toilet?... what? it’s where check my stonks man.
it’s the light at the end of the tunnel that leads into another tunnel that leads into a casino.
sometimes it does not matter, when the fees are lower like taking the new lower fees implemented plus eth based coins such as ogn then it makes life better, frowny face but no tears haha
my chart is green on every time frame again.
usd appreciating vs cad has kept me afloat
i don’t look anymore except to check my credit card balance. i’m down 1 k ... for now
i don’t know how much i’m down. i’ve been buying eth the entire bull run up and down since jan. topped off 1 coin at around .7k before the market dumped. been buying what i could of this latest dip. i think it’s better this way. blissful ignorance 😎.
i just look at my portfolio when i have money to buy more
eth is up by 10% atm, way better than yesterday but eth below 2k is a steal though. who bought that. well the tops are seing on greens too so maybe this is just a start or a roller coaster all over again. im interested on low mc to catch up on the tops today. maybe this one gem lamden tau will hit in the future and why not join early today, they will launch a cross chain bridge to eth soon.
green just makes me feel better. even if my dca is down this much
sometimes that is better.
i dont coequal see mine own portfolio anon, just behold at the prices in the market *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
all abut being optimistic!
watch again and feel cursed :)
if you're smart like me you'll change your currency to canadian. eth never went below !
i thought it would dip more i only bought a little.
soon you will see 9, 900 i mean
not bad, but could be better.
definitely is a relief.
let's hope it stays at 2 or more.
i bought on the dip on a training account. i’m up 80%. i’m just mad i didn’t put real money behind it.
average cost went down from 3900 to 3300, so i'm getting there. but still in the hole :(
i'm seeing green today. this is so weird i tell you.
there is such thing as green?
it's almost a joy.
this is me :')
negative gainz are still gainz! …wait
green just maketh me feeleth better. coequal if 't be true mine own dca is down this much *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
bad day working, bot.
watch again and feel blessed :)
my average went down to 2500!! keep buying the dip until you are the dip!!
opened my portfolio today and saw nothing. guess my brain cannot even process the greens anymore
are you sure? check twice.
watch now and feel joy from breaking loose from 2k
oh, it will take a while.
i think i'm color blind now. my brain refuses to see green.
it's still green. starting to kind of like it.
yeah, i have been adding dot as well and will hodl for atleast a year. i am glad that spdr team deployed their testnet 3.0 and i will be happy to beta test it asap.
naah do not watch. just hodl and do not fu*king sell
take a walk. maybe you are dizzy.
how is defi going to give you a 20k business loan at 17???
means student loans are less risky and risk less defaulting than business loans. before you reply, i do not make the rules, there is no other reason for banks to do this
well... you do have 12 years experience in being a student and 0 years experience running a business.
oh my god that statement is profoundly dumb.
no, this is the reason twitter sucks
because student loans are largely backed by the government and extremely hard to thischarge in bankruptcy. no conspiracy here.
that’s because we know education helps people earn money in the future. your new automatic vacuum haircut machine is not a great risk.
whats there to think about its literaly not even comparable. these people think they speak fucking bible verses of wisdom
how will defi help in this situation?
that's how you "own" workers forever.
if defi allows 17 year olds to get , it will fail...
why are people upvoting this post?
the government are happy for you to be in debt to them for life but are happy for you to double your
defi is not perfect, but at least it is fair! the rules are transparent and the same rule applies to everyone.
slavery and then salary. do you believe in reincarnation?
they were also let (and encourage) you go to other nations with the specific purpose of killing people who don’t look like you; and the only reasons you are given are that it is your job to follow orders.
student loans aren’t the problem, issue is the interest and stupid degrees like liberal art.
some of these responses just prove how idiotic people are. "i mean, you should not be given a loan if you've never been a business owner" how do you think someone becomes a business owner? they get money loaned! also the bank checks for your assets to see if you have anything of value in case you do not pay back the loan.
the fact that you need 200k in student loans is the real problem, i think.
this actually made me think - great post!
it's quite easy to get a business loan in the uk, so long as you have a good business plan.
they want you to be poor
so that you can commit to a 200k business crypto loan at 17?
student loans and business loans aren’t the same thing. why would someone give a kid 20k for a business? how many 17 year olds out there would run a business into the ground? hmmmm...99.99%!!!
defi does absolutely nothing for people without any assets to lend or post as collateral. it is not possible for a poor young adult with zero assets to get a 20k loan in defi. he would need 50-75k worth of eth or another asset to post as collateral for stablecoins. basically any reason to do that is if he wants to maintain his exposure to eth (not selling directly)
because with university your dumbass 17yo self would learn new skills and knowledge. a 17yo with a 20k business loan would piss it away in 3 months.
yep... and cannot be defaulted during bankruptcy. nothing wrong there right...
colleges are nothing but indoctrination stations this day and age. then make them get out into the real world to be debt and time slaves. so basically after people are done with almost 20 years of brainwashing, we are where we are at with this fake pandemic. now when the flu season starts, they will lock us up again unless we get the poison they call vaccines. people lost the ability to think and it is all due to all the years of indoctrination and media manipulation. i really worry for the future of humanity. at the end of the day it is all about control. hence, at the end of the day, neither defi nor any other cryptos will solve mental slavery. rant over
also if you default on your student loans it will stay on your credit report for the rest of your life even if you declare bankruptcy. if you get a business loan and default, it will thisappear in 7 years from your credit report.
because they don’t let you ever get out of that 200k trap they set for you
that’s so twisted! defi all the way! 🙌🏼
it helps that the "student loans" are "guaranteed to be paid back", aka unforgivable under all but the most special conditions.
i think owning a business is one of the best life lessons you can get…
it’s because student loans aren’t able to be wrapped in a bk whereas business loans are defaulted on at a much higher rate. i agree it’s ridiculous but just saying that’s the reason for why the lend out student debt like candy.
i mean… the federal government grants these loans and has ensured they survive bankruptcy, thus derisking this type of lending. are you saying that defi will somehow derisk business loans?
why do you need a business loan? to exploit more workers? do you realise it is the business class that pushes for such high fees
if you create a loan that will not be forgivable there is a chance. otherwise i would not land to 17-year-old entrepreneur who turns around and declares bankruptcy.
perhaps there is a 10x greater risk for a person without a degree having a successful business and paying back the loan versus a person getting a degree and getting a job to pay back the loan?
cuz they want you educated before you get scammed. think about it, genius!
i understand the point, but it is because there is almost no risk for the lender on a student loan. the criminal lenders managed to exclude student loans from bankruptcy protection so it is in their interest to get students to take as much as they can because they are head of the line on payback. then work with banks to market the value of post-secondary education and convide you the more you spend the better your education. another example where capitalism overshot the social benefit.
cause you can write off a biz loan
what the fuck does this have to do with crypto? is vitalik going to personally give me a 200k loan or something?
im using aave and that is goood
the easy solution is usually the most effective, right? so sell ,,,hodl for at least 5-10y,,, return that . warp 5, call android girls, take that china white, mission complete.
who gets this nonsense to the top of the sub, honestly?
almost like one is more likely to pay off than the other...
because one can be thissolved by bankruptcy and the other cannot so they know they got you and there’s no way out.
i cannot tell if this is a joke or just really dumb.
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what are other reasons? lol
it makes sense to me. being serious.
1. post random hardship, say this is why we need defi 2. ? 3. profit
easy, you ask the bank for 20k loan, buy a stablecoin, put it as collateral, boom, you have a 20k defi loan.
i don’t know about that but i’m able to earn 3% on usd from where my currency has 7% inflation and losing against usd that’s what’s defi shines for me
valid point, currently it is not quite possible. possible if undercollaterized defi loans gets developed in the future:
if you have enough collateral in crypto, defi does not care what age you are...
the comments wrecked this poor guys post.
we could create a p2p lending system where people would have an option to lend and take loans without collateral. it would be based on trust. everyone would have credit ratings based on previous loans. i guess it would be okay if someone took few loans before and paid it off with 10 rating to give him. it should work with smaller amounts at least. it's complicated, but it could be done.
and you cannot get out of student loans with bankruptcy but you can get out of a business loan
what if we get the 20k loan after graduation ...but no job. is it any less risky or same?
going to school and going through life the conventional way is orders of magnitude less risky than starting a business. i’m an uneducated business guy and while it is incredibly rewarding if you’re successful, the chances of being successful are so slim that i’m not quick to encourage others to attempt to carve their own path.
sadly, this is true.
i think "experience" is being extremely generous for a large percentage of american children.
do they check your grades before giving you the loan? just because you have been a student does not mean your very good at it
hmmm, never thought of that.
that's why there are more and more poor people. most off people do not even want to run a business and are scared of responsibility. guess what, they got these poor mindset ideas in school. also at the same time there are more and more people with "high" education.
no, it is not dumb. it has its point. it's far more important to be able to take loans for a business than loans for a shitty education.
that's exactly what a member of the cia-bilderberg-doed cabal would say.
hi, i wish i could give a complete answer to your questions but i am just a newbie 😸 i think the key idea is undercollaterized loans, which is a developing idea in defi. the student needs to be able to borrow 20k with a smaller collateral. people in defi are working on such ideas. the current state of undercollaterized defi is here:
it does not. no one can get a loan without collateral. how is a decentralized smart contract going to garnish wages of someone defaults? op does not seem to understand what defi is
parents are only on the hook for dependents. lots of people don’t use their parents on fasfa so a good portion aren’t with mommy and daddy on the hook and in some cases those moms and dads are worse off then the kid would be if he applied alone lol 😂
medical school at private universities: “on top of this, the median medical school debt for the md class of 2020 was a hefty ,000.”
not always that transparent or there were 0 rugs or scams. ;)
that's why we need defi. bullish. lol.
you still need a bank.
what about eth loosing 50% value in a week does that count or are we ignoring the obvious to make ourselves better.
try usdn staking on waves exchange. you can get between 7-12% on there.
not a bad plan. defi is on another level.
you can earn 3% on usd just by opening a checking account at a bank (but i now see your currency is not usd, never mind)
alchemix uses time to pay back the collateral so you never risk liquidation on your loan
this article does not really explain how these protocols will stop people from just not repaying the loan and pocketing the difference between the loan and the deposit
i'm not sure how undercollateralized loans on crypto are any better than existing p2p loan platforms though. the anonymity of crypto wouldn't be able to be kept otherwise people would just take out an undercollateralized loan then moonwalk away so you end up constructing the same system that already exists with exactly the same risk profiles - just in crypto rather than fiat. at some point some entity will have to make a decision to lend or not lend based on the risk, and a 17 year old taking out 20k for a business loan is not going to be less risky simply because it is crypto rather than fiat. as always though i'm open to having my mind changed.
neither do banks though. if you handed a bank 400 grand and then said "now, you hold on to that as collateral on a 200 grand loan" i'm pretty sure they would also be ok with it. the difference with banks is that often you do not have any collateral when you take out a loan, they are taking a risk by lending to you. in the defi world uncollateralized loans simply do not exist because the borrower would just walk off with the crypto.
and then you’ll see why banks don’t lend ,000 to 17 year old “entrepreneurs”. this whole post is stupid
there's not a way to reliably identify people in a decentralized way to assign them a rating.
the major problem happened in 2005 with a law that thisallowed student debt from being thischarged in bankruptcy. once student loans could not be thischarged, they started giving loans to every area of study, not just the stem fields that could eventually pay back the loan. basically lending standards went to hell.
they are also less risky because you are giving them to someone with 12-14 years of progressively complex and demanding experience in classroom learning, seeking additional classroom learning. not a 17yo that’s got a cool idea for new business, but has never so much as balanced a checkbook. note: the college loan system is bullshit, and needs to fixed or deleted entirely, this tweet is just a particularly weak take.
then a degree will actually mean something again. based.
not to mention schools could not raise their rates by insane amounts to correlate with the maximum amount the government is willing to handout.
this assumes that the only thing standing in the way of going back to the “horrific” days where one could actually pay their way through life (golden age) is the government who gives out “blank checks.” this completely ignores the profitability crisis of the 70s, paul volcker, deindustrialization and the shift into a multipolar world. there’s no putting the toothpaste back into the tube; government backed student loans are arguably a symptom not a cause.
boo hoo it’s so unfair that someone won’t loan be ,000 at age 17 to start a business i have 0 experience doing. do you hear yourself?
ok. this is a important poin. can't relate.
by the time you get the loan you are already vetted by an educational institution for admittance. the only place where this is not true is among for profit colleges, which are largely predatory. there was recently some degree of loan forgiveness extended to students of there schools; the rational being that doed did not act properly to protect potential students or work to deny financial access to these orgs.
honest question. can you explain to me how defi solves this issue?
i'd love to see your paintings, lines so thicc with that brush.
twitter is built to promote just this kind of hyperbolic bullshit.
defi wont allow you to get a loan of x value if you dont already have more that amount of capital to give as a collateral.
defi is transparent, but some projects are not.
i’m just sitting here trying to figure out how to monetise small talk about our consistently unremarkable weather, we fucking love that.
that guy is talking about stablecoin lending however. continued eth price drop could destroy those apys though ofcourse
i do not want to say the obvious but the boy has a valid point.
oh no, i'm up only 900% from my original investment now instead of 1800% what will i do?
he's farming stables so he could care less about the price of eth
how about buying it at a couple hundred a year ago
with eth it is just high volatility so it will at some poin reach ath again. with fiat and inflation... thats different
eth has good momentum right now. as you can see it needs to retrace to have a healthy pump for the upcoming ber months. that is why i'm gonna accumulate more coins like sand, slp, axs, and xki that will bridge the gap between tradfi and defi.
> [try usd]( 0.1169 as of today. i know this is not what you meant, but i'm seeing exchange rates everywhere. 7% inflation sounds like a dream where i live.
on polygon you can get almost 30% by providing liquidity between usdc and pusd.
send me the link to waves exchange. i got to check it out 👍
can’t use traditional finance if you’re from a country with strict foreign currency rules
which bank returns 3% on usd? you mean you **lose** 3% due to inflation by opening a checking account at a bank you mean?
interesting, i just went to google alchemix, essentially it is a “self-repaying-loan with no liquidation risk”. there is a lot of potential in defi.
am i misunderstanding alchemix somehow? to me it looks like you stake an amount, they give you up to half back then they effectively stake the rest your stake behind the scenes and give you a cut of profit until they have paid you enough to cover the "loan". that does not really sound like a defi loan to me, it sounds like a protocol that gives you an advance on staking interest.
yes but you need to put up collateral in order to get a loan, for 50 eth you could get 12 aleth and no risk of liquidation but you still need that 50 eth in your possession first.
its because they dont know how. undercollateralized loans are basically like the holy grail in defi. if someone can figure out how to do it safely then everything will change in massive ways.
not really because you are moonwalking away with a stable coin while they got collateral like your eth. imo eth will be the gold of crypto and eventually be worth more then the stable coins that you run away with
>the difference with banks is that often you do not have any collateral when you take out a loan, they are taking a risk by lending to you. in the defi world uncollateralized loans simply do not exist because the borrower would just walk off with the crypto. this never really made much sense to me unless you're a whale. imagine having to put up 400k to borrow 200k for a mortage.
if they had a good credit rating i bet they could get a loan. age is not a requirement, except for legal reasons if someone is too young, like 5 years old or something like that.
this is exactly right. i was coming here to comment this myself, thank you. of course loans are less risky when you literally can’t get rid of them without paying them off.
100% this. the student loan debt problem would be solved if we allowed them to be thischarged in a bankruptcy. of course, it would create other short-term problems, but these are nothing compared to the monster this policy created.
do you hear *yourself*? do you even know where you are? lmao i’m pretty sure the person you replied to was on your side. also, the initial image said a 20k business loan, not 200k. you apparently have the reading capability of a sweet potato 🍠
you can go to college and get funds without even finishing high school or with a ged so the vetting process is basically non existent
it would not. no financial institution would give a 17 year old 20k, i certainly wouldn't.
honest answer: currently defi can’t solve it yet. in the future, when undercollaterized loans become possible, then defi may be able to solve this problem:
true. thanks for the reward anyway!
then that guy is a dummy. stablecoin are as impacted by inflation as fiat is.
your specific case does not apply to many that are new into defi.
i can join you if we call hookers and if you prefer china white,,, latter we can scream too ;)
not saying there is no potential, it is a great asset to hold but comparing it to fiat and making biased assumptions to make ourselves feel better is not going to help the cause.
yes because eth is an asset and fiat is currency can’t compare the two fully
i’m not saying you can’t make money, but people talk like fiat is shit and eth is solution to all the worlds problems. i’m in eth to make money as well and believe in its long term growth.
providing liquidity to what?
rookie mistake bro. never trust anyone with links. better google it yourself, you should find it very quickly. or just go to coingecko or coin market cap, look up "waves" (their native asset, like ether for ethereum) and there you can find the project website, telegram, social media etc.
there are a good number of banks offering 3% interest on checking, but here are some examples: [ [ [ just google "3% checking." people are bad at shopping around for banks with the best services, but they should.
yeah so it stakes your collateral for you and uses the stake rewards to pay it off! pretty cool.
i havnt used it yet, but i was under the assumption it is still a loan meaning if you want your collateral(the eth) back you can still pay it off, versus if you stake you can’t get that back for the whole time you are staking.
you misread my comment. i said undercollateralized would lead to that. if it is undercollateralized then the borrower has more in stablecoins than the lender has in collateral. let's say for example i have ,000 eth, and i use that as collateral for you to lend me ,000 dai. i then transfer that dai out, and trade it for ,000 eth and never pay back the loan. since crypto is anonymous, that is the end of it. that's why financial institutions exist, to assess and mitigate risks of borrowers defaulting. defi only works if you're putting up more collateral than you are borrowing which in the real world almost never happens. the vast majority of loans will either be uncollateralized or undercollateralized.
that's still ridiculous because if you really believe that, you should not be loaning out stablecoins you should be using them to buy more eth.
using a mortgage as an example, say you want to buy a house but do not want to sell your wbtc, you use it as collateral to borrow dai, change it to real fiat and use that to pay some of the house. now you would still have your wbtc (as collateral) and a new house.
"less risky" except it undermined the entire social structure of the country. and now colleges are pumping out thisillusioned, capitalist-hating socialists by the thousands. also as soon as the loan money started flooding into universities, they ramped up administration and other costs to soak up the available funds. the result was overall university costs went up 1000% in just a few years. so not only did they give loans to people that should not have had them, the costs were 1000% higher than they otherwise would've been.
you clearly have the reading comprehension of a moron. the entire point of this post is that a 17 year old should be able to get a business loan equal to that of a student loan. i am saying that it is ridiculous to grant a 17 year old with no prior business experience a 20k loan let alone a 200k loan.
80% of people who apply for college are likely fit for it, even if they have few prospects to graduate at the front of the class.
some institutions, primarily jr colleges, wave the requirement to hold a diploma or ged prior to admittance contingent on the completion of an entrance placement exam. provided they are assessing competencies to build an educational plan to fit the student, where is the wrong in this?
you don’t understand what you are talking about. you get that a credit score and report is what makes a bank deny a 17 year old a loan, right? and a similar credit worthiness system would be put in place for defi (as mentioned in the article you posted) would also deny a 17 year old a loan. try posting this all in r
his comment reads to me that he is saying he can exchange his own countries' shitty fiat for usd and earn apy on those stables instead of leaving his income in a 3rd world shit hole country currency.
this. each case is different.
i’m new to defi. eth “losing value” made it easier for me to accumulate. as for my purchases from higher values, i haven’t lost anything. i still have the same amount of eth as i did when i purchased it, it will go back up. in the mean time i’m staking, getting yield from usdc by transferring my money out of my useless checking account, using coinbase debit to get 4% in xlm that goes straight to eth 2 staking, and soon i’m going to put 6 month expenses into blockfi stable coin liquidity. this is a great opportunity both for learning and accumulating for newbies.
and? they wont be new forever. by the time they are not "new" anymore they would have already felt some gains
what’s the case i don’t remember anymore
how about having another altcoin as well? i'm a fan of eth but i did not put my eggs into one basket. i always diversify it. how about staking a coin like atom, iris, and xki on cosmostation.
and pusd is some risky "stablecoin" that can easily lose its peg.
100 💯 correct. i dropped my guard . good advice 👍👍👍
3% interest when inflation is at 6%% per year is what he is saying. so your "3% checking account" is a -3% checking account
yeah, but you're giving them at least double what you "borrow", so it is not really a loan. if you think about it, they are giving staking interest up front, then they stake your crypto for you and pay back the amount they "loaned" you, except they take 10% of the staking revenue in fees. that's not what most people would consider a loan. many staking platforms let you stake and unstake as you see fit with far lower fees than 10%
yeah but don’t you think if they really were doing under collateralized loans they would accept that? dai is already collateralized eth so they would program so you couldn’t do that
and that’s exactly what people do, but eth also goes down so you risk getting liquidated. in the future when eth is more stable there will be programs like a housing loan that will give a good rate but the coin you receive is programmed to only work to buy the house you say you are gonna buy. fiat cannot be programmed
why wouldn't i simply sell for what i need for a 3.5% downpayment? a million dollar home only need 35k as the downpayment with a 2.5% rate over 30 years. vs a dai loan would require 2 million upfront worth of crypto just to borrow 1 million dollars at a 20% rate. makes 0 sense fiscally speaking. especially if i was such a large bag holder 35k out of 2million is chump change.
lol i got you now, even a 5 year old could technically take a loan with defi.
i’m not justifying the policy behind the student loans, i’m voicing support for the person who provided the proper reason behind why you can get student loans for large amounts but you can’t get a business loan for a much smaller amount.
doesn’t explain any of the things wrong with your comment. now shut up and take this butter 🧈
as someone who lived and studied in portugal, that is actually very interesting to me! going to college after high school here is somewhat seen as the standard, since the cost is relatively low (around 1200€) and there is still a general notion that college = guaranteeing your future. that's all you hear throughout your school years and so a lot of people end up applying for them. but since this is the "natural" path, i think the percentage of people applying and also fit for it might be lower than in the us!
investing in eth is irrespective of finance. you're mixing up the two things. finance is about loans, buying crypto alone does not mean you are participating in defi.
>eth “losing value” made it easier for me to accumulate i like to say eth is getting fit for us not "losing value" ,,, ;)))🥂
but there is a possibility that it doesn’t go back up. or maybe it does temporarily but eventually crashes to 0. i believe in eth and i am holding term. but its harmful to put this message out to new people doing research. we all might lose if things change and crypto goes to 0.
yes, i know. for any year besides this year, i've enjoyed my 3%, but you should not be holding much in your bank anyway.
you arnt really giving them, they are holding it as collateral… so you pay back the loan.
how do you program it so that a borrower cannot walk away with the crypto they borrowed? it's literally impossible, you have to simply trust the borrower which is why all defi loans are overcollateralized. dai collateral is totally different from loan collateral. that's the backing of the stablecoin value.
1. you never sell wtbc so no taxable event in most countries 2. you can still be invested in btc if you think it goes up in value compared to the dollar 3. 20% rate is really high, i think you can get way under 5% on aave (actual interest rate on e.g. aave polygon around maybe 2%(?) with all the extra rewards. if the interest rate is 20% then it would likely make no sense but it should be much lower.
i don’t owe you shit, now go back to summer camp, it’s swim time.
demands on students today are [harder]( than they were for previous generations, not simpler.
person 1 said they were up on eth even with it losing value. person 2 said being up on eth does not mean others new to defi are in the same spot. i agree with both person 1 and you that value of eth has little to do with defi, as i'm down in value but because i could accumulate more eth a little cheaper i felt i had more eth in my stack to play with. i've bought axies, i'm doing various staking, providing liquidity in a pool and learning as i go. if eth stayed around 4k i'd probably have 1't feel as confident playing with it.
but you're not getting a loan and you're not paying anything back. you have . you give that to alchemix, and they give you . they then stake % and add the rest to your balance until it hits . all that is happened it they paid you staking rewards up front and charged a fee to do so. it's not a loan. it's them being paid to stake on your behalf and advance you the rewards. it's zero risk to them too.
i’m not a programmer but dude it’s as simple as if the condition in the contract is not met then the coin is worthless until it all conditions are met. like your thinking is so far off, it’s literally crypto. programming on the internet, you can’t walk away with that…
>i think you can get way under 5% on aave i'm actually having trouble confirming this. it seems rates are variable depending on supply. which again not good at all. >you can still be invested in btc if you think it goes up in value compared to the dollar for this to make sense vs selling btc would have to go up in value a lot in a short amount of time vs taking out a 30 year mortgage especially with fixed rates right now
the same who would give the 55 year old an unsecured loan?
lol it’s like a clap back from a church priest
it’s paying back the 500 loan with the stake rewards. then you get the 1000 back. but it’s still a loan because i checked and you can still pay back the 500 whenever you want in order to get your 1000 back. the practical reason for this is because i don’t hold cash and i surly don’t want to sell my eth. but i have an unexpected expense that i need to cover. so you can give eth as collateral for a loan. just because you are giving more then you receive dosnt make it not a loan. that’s why it’s called a collateralized loan dude
how though? like if i come to you and borrow ,000 of dai, you cannot do something in a contract that stops me being able to take that away otherwise there is no point in me borrowing it because i cannot spend it. if i have not provided you with collateral and the loan is anonymous, there is nothing you can do to prevent me defaulting and simply not paying it back. i like how you blame my thinking, bearing in mind this is a problem noone is even close to solving in the defi space.
aave borrow page has the current rates. fixed rate is 10 - 12% (never used it personally so would need to read on how it works) and variable rates about 3.5% but you also get rewards for using the protocol. another point is that your collateral also gets interest which is paid in the deposited crypto e.g. wbtc. of course this is a personal risk tolerance choice but it does make sense. the golden middle road would probably be to only borrow conservatively and through that take a smaller mortgage or use that for deposit. also it is a big consideration whether you will suffer the capital gains tax from selling wbtc or not. personally i use crypto as collateral all the time when i feel like i need stablecoins, and i borrow very conservatively.
as if offering me butter was deserving of a pulitzer lmao
it's not really a loan though, because they are just giving you some of your own cash back. if a bank let you deposit "loan" which they eventually paid back with interest over several years while taking a 10% fee for themselves, there is no way you'd call that a loan. it's an advance on interest with a hefty fee, nothing more.
there’s unlimited possibles, like you got 10,000 dai for a specific loan you said it was for. your specific dai will be coded, crypto is not a literal coin. so like an nft this dai is spicificly yours and can only be accepted for what you say the loan is. then because you think you can just not pay, i’ll program a coin to sit in your wallet that pays me automatically
i already said that, p2p lending. lending is now centralized, defi decentralizes it and that is a huge change. if you do not see the benefits of that then i cannot help. with defi even a 5 year old could get a loan if there is some colateral, or in case of the 17 year old it can be some credit history.
i was surprised too but i wasn’t going to turn it down 🤷
why would you deposit cash to get less cash? you make no sense. so if someone gets a line of credit with their house as collateral, do they give you more then the house is worth??
you clearly have no idea what you're talking about. i'm a software engineer with crypto experience, and i can tell you that smart contracts are not magic, they are incredibly simple pieces of code, and they cannot simultaneously allow you to borrow and spend dai but also restrict you from using it. you do not "program a coin", what does that even mean? and what wallet does it sit in? if the loan is uncollateralized then you don;t have access to any wallet that contains any crypto, because it is uncollateralized. let's say for example i borrow ,000 of dai from you with no collateral, and i want to borrow it so i can pay it into a defi exchange wallet and trade it for bch. if i then buy the bch, transfer it out to an anonymous wallet and simply do not pay you back, there is nothing you can do about it. you cannot magically "program a coin" to recover it.
that's the point though, that is what you're calling a "loan". you pay alchemix an amount, they give you less than half back then they stake your cash and take a cut of the rewards. it's not a loan, it is an advance. a very expensive advance.
what do you mean you can’t? ethereum is a turing complete language so you can program anything, like did you not understand you won’t be able to send that dai to an unauthorized address...
an advance is a type of loan... is it not?
i'm not sure what pant of the word "cannot" troubles you. if you send dai to someones wallet they can do whatever they want with it. if you are not sending it to their wallet then they are not getting the loan. what use cases are you thinking that allow you to loan ,000 to me uncollateralized but do not allow me to spend those funds?
no, i wouldn't say it is particularly when you have to lock in twice as much as you get for the advance in order to get it. if anything, you're loaning alchemix your crypto to stake and they are giving you most of the rewards back.
because say a housing loan program is created, you give the program eth which is locked for how ever long like 15-30 years for your housing loan. the housing loan is programmed to only be accepted for the house, you can’t take the loan and swap it for another coin, or send it to your paper wallet all in the programming
there are a lot of proofs like this which prove that you are completely out of loop. that 12 year old could take a loan on defi without problems, but he could not take a loan in banks. also, i know some people get often banned for using banking services. andreas antonopoulos told once that one if his friends could not open a bank account in uk just because he was from iran. deutche bank also suspended all trump's accounts. there are a lot of example's where banks are censoring people and people could easy be left without the possibility to take loans. i just do not know what you and other trolls are doing here on a crypto sub. if you do not wanna use defi and do not see the potential find a subreddit for a shitty centralized banking service and go there.
well i’m just using english, if you borrow something then you are involved in a loan. like i said before just because you borrow less then you gave dose not mean it’s not a loan. you are still borrowing aleth or alusd, if you are borrowing then the program is loaning. it’s just that simple dude i can’t explain anymore then that.
but that is collateralized on the house, would require an off-chain contract and identification. are you struggling to understand what uncollateralized is? even if it was still all on chain and somehow you managed to lock it down so it can only pay for a house, what then stops me selling the house for fiat and not paying back the loan?
but you're not borrowing anything. if you give me , then i use the rest to make profit and share some of that profit with you, that is not a loan. i know that you think it is simply but that is part of the problem with defi as it stands, it makes no sense for realistic use cases and most of the time is not really "lending" anything. for alchemix to lend you money they would have to be out of pocket, but they are not because you have to deposit at least twice as much as you "borrow".
what?the collateral for the loan is the locked up ether. so the program now owns your eth for 30 years and all the interest and money made from that eth is the programs profit to sell you the loan. and you don’t fully own the house yet until you fully pay of the loan
i don’t give you 1,000 dollars bro, i’m giving you eth which has a fluctuating dollar value. and you give me a stable coin to use for payment. which should not fluctuate. get it? even tho i’m giving the program more money then i get in return it’s still leverage bro what arnt you understanding?
again though, you're talking about collateralized loans. i'm talking about uncollateralized loans, so there is not eth locked up. uncollateralized means there is no collateral. i'm not sure how you can still be missing that point. again, the house scenario is a collateralized loan as the house is collateral. but smart contracts are not magic and they are not even legally binding in any way at all, so the idea that you'd have some control over the ownership of the house is nonsense. seriously guy, you clearly have zero clue what you're talking about. go educate yourself on basic finance then come back to me.
i'm understanding everything, it is still not a loan.
no it’s not magic it’s programming lmao, and yes they can be programmed how ever they need to be
but it’s only called collateralized loan not a loan tho lmao
no, they really cannot. i do find it amusing how much faith people with zero tech knowledge like yourself put in smart contracts, but no, they really cannot do what you believe they can. again, this is why to do not a single defi provider has figured out how to do uncollateralized loans and across the crypto space there is still no solid ideas on how to achieve it.
bro, i’ve been telling you i know the tech. but do you even know how public? you probably don’t even know what an lp token is lmao
but you clearly do not know the tech. the fact hat you're claiming it is simple but providing zero details on how it would actually be implemented while he leading minds in defi still are not close to a solution pretty much proves your'e talking shit. i'm a principal software engineer with over two decades of experience, i understand that you've probably completed a unity tutorial and so you think you understand all tech, but trust me kid, you do not.
a "couple of geeks" rule the financial world now.
welp... haven’t stepped foot into a sears in years... amazon however is almost a weekly thing for me
dinosaurs die, cockroaches survive
can you imagine the look on that reporters face if dude had responded with the future truth of, “oh no, not just sears, but damn near all brick and mortar retail stores in the whole country and abroad”
haha. that’s a great clip. adapt or die. thanks for sharing!
what the fuck is sears?
this came out a year before i purchased amzn stock. still holding.
first he came for sears, now he comes for blooooood!
i grew up with sears. they had a great model for their time but didnt change with the times. they were the mail order company back then. it was every boys dream to get a sears catalog and go straight to the ladies underwear section.
people in 2021. who tf is sears?
to be fair, at the time amazon exclusively sold books online. that is not the best business proposition. the truly great business decision bezos made was listening to an intern over his accountants and allowing shipping costs on all items to be replaced by a monthly membership fee and taking a massive loss purely to onboard consumers.
he's doing what a good reporter does, and plays devils advocate with the intervieww. if he just agreed with everything the interviewee said then it would just be an echo chamber, like 99% of reddit subs.
i’m sure this is how the blockbuster.
well i'm actually the "old guy" here when it comes to tesla. same thing. they need to sell most of the worlds cars to justify their market cap.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [ico]("last usage")initial coin offering [sec]("last usage")(us) securities and exchange commission [xrp]("last usage")[coin] ripple ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(5 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 24 acronyms.) ^([thread for this sub, first seen 31st may 2021, 09:18]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
i want to ask that guy that says we have never seen anything like it about amazon what his thoughts are on crypto in general, blockchain specifically
the sec chairman taught a course in mit about crypto. my impression is that he likes it. glad he is the sec chairman :)
i still shop at sears til this day. because i i know it is hanging on by a thread. i will be loyal to the end!
great clip! do note it was right before the dot com bubble, so a lot of tech companies went bankrupt shortly after.
sears already had the model of amazon in the palm of their hands, just in catalog form. with just a wee wee bit of forward thinking, they could still be something. some execs really blew it.
a couple of geeks being the vitalik and his friends now.
where's sears now bitches lmao
let them be. they will be working for us i. 10 years.
sears? tbh never heard of it! same as the future generation who will never see paper fiat again!
to be fair amazon does suck, is totally unethical and bezos is seemingly a trash human.
crypto may grow, may grow slowly
who knows if eth becomes the new king but one thing is for sure- the media always has and will continue to get things wrong.
what is a sears?
remind me again, what the hell is sears?!
this to me views more like some comedy bit. the reporter could not make more of an asshole of himself if he tried.
the difference with crypto is i can’t see it remaining legal. governments maintain power by controlling the economy and control of the money supply is a big part of that. it’s banned in more authoritarian counties already (china, russia, bolivia, algeria, pakistan) and is likely going to be banned in india. western governments aren’t going to be far behind.
this just melted my heart. the power of believing in yourself and your brand. 🥰
“a couple of geeks...” stfu you fuckin’ dork.
every word of this applies to crypto and it gave me the chills knowing i’m to the game early
love it , change with times or go to the “old folks” home.
amazon really should not be compared to ethereum. amazon is the pinnacle of wall street corruption.
i love he slipped the word microprocessor in there as if its a new thing.
they're literally doing the same motherfucking thing. haters always gonna hate.
sears holdings (shld) filed for chapter 11 bankruptcy on oct. 15, 2018. a wave of store closures and deals in desperate attempts to stay afloat failed to save the struggling retailer, which listed .9 billion in assets and .3 billion in liabilities in the filing.
haha, nerds! they're gonna destroy sears that is doing a great job destroying itself?
old money always. hard to come from nothing.
something tells me if bob simon were still alive today, he would really regret saying this.
this seems like a good read for all of you praising amazon.
wall street saw the logistics dominance that amazon was building. nowadays is obvious to us but back in the days it was just not conceivable... i love this type of interviews.
jokes on them now. he's getting bail outs worth 10 billion from joe potato now
where is the full length video?
the smugness is unreal
love how the analyst shakes his head like "this fucking idiot has no clue."
why am i thinking of cardano? oh god. i'm in the wrong sub. sorry! i'll let myself out. peace!
this is hilarious. internet gold.
okay, tell me why you need a publicly traded token to use blockchain? i'll wait...
i love how everyone is calling him 'that old reporter guy'. that's bob simon. he had *twenty seven* emmy's for reporting and covered most overseas conflicts between vietnam and his death in 2015.
this is how you do an ama without destroying your brand. some of these crypto startups would do well to watch how the amazon guy responds and presents himself in this video.
getting organized thru code vs fud...i'd choose the former thanks
there is a similar vid with tiger woods on the end of some belittling criticism at his first pro golf tournament. that did not age well either.
sell amazon stock, buy crypto lol
oh my god... i cannot believe the ties we used to wear in the 90s...
lmao the pure contempt for technological change the interviewer shows is striking.
that reporter sure looks like a dumbass now.
the reason the financial world jumped on tech stocks is because the financial sector itself was already heavily into to technology itself... faster computers and networks means faster trades and more money. they saw what it did for them and they understood how it was going to change the future...
i had to order through sears recently. a part for my fridge. just a door bin. a small piece of plastic that holds pickle jars and 3 year old ketchup. i called and got a quote, . for a door bin. that’s like almost 1. so i went on amazon and bought one for . get rekt sears. you deserve to go out of business.
except the differences crypto is bullshit out of thin air and amazon actually sell shit
lol this guy is a complete joke. why do we even care about what he thinks
amazon stock price was over valued and did crash. ask yourselves should dogecoin be worth more than twitter?
>a couple of geeks who sketched out some software how thismissive of all the work. fuck you, you stupid taking head. god i'm so glad these fake news organizations are dying. can't die fast enough.
well it only sold books so it was actually accurate if they sticked to books only
plot twist, youngins do not even know what is sears today
this is mind-blowing and does make me think of the similarities between crypto as well.
what a weird world 1999 was.
in a way. they were right about amazon at this time, it did lose 90% of its value in the dot com crash before they bounced back and took over the world. truly a once in a lifetime thiscount
same old, same old. funny how history is repeating itself constantly. and no one learns….
thank god such old idiots are dead
haha it’s hilarious they think of sears as so much better than amazon haha
never bet against the future 🚀
haha amazing the guy laughing, where is sears robuck now buddy? blip! gone
the world is changing so quickly, i do not even know "sears".
[ ' this is the next scene in the 60 minutes special, where the reporter is interviewing bezos. he did seem pretty geeky in the interview. ' ' but one thing to note is that amazon did drop from , and they wouldn't recover for another 10 years. so the people who were skeptical during the dot com buble did in fact make the correct choice.
elderly reporter: "couple of geeks" elderly reporter: pants like a weird sickly dog. elderly reporter: "that sketched out..."
the way he snickered and said a couple geeks “sketched out” some software and could take down sears roebuck” by its full name i was like... i smell old white money.
imagine in future geeks wearing socks with eth motives ruling the world😂
it's amazing, is not it.
\*a couple of geeks with brains
right?! it didn’t age well for that condescending reporter. where is sears now?
was he a mouth breather when he said that? i'm pretty sure he did.
probably because sears went bankrupt trying to compete with online retailers...
speak for yourself, i've never stepped foot into an amazon in my life!
you step foot into amazon?
it's not whoever is stronger, but those who are smaller and persistent that survive.
does sears even still exist?
fiat die, crypto survive
>dinosaurs die, cockroaches survive love this.
it all ends at ragnarok
the wall street analyst was on point even when he knew it would be framed as absurd from the questioning.
probably the same look anyone would give a sears exec for completely failing to adapt and improve their operations over time. they could have literally just bought all of their relevant competitors and assimilated the tech boom that way. but the execs chose stagnant beuracracy and essentially looting the company of its valuable real estate and asset holdings for their own personal enrichment instead, at the expense of the brand and less sophisticated shareholders. sears was more a tale of corporate raiders than of anything else.
nowadays, everything is changing. it is easy to get left behind, which is why we have to get used to change.
you could make an entire business management degree solely around companies that thismissed a new player only to be left behind by the rest of the market. it's as ancient as older generations shitting on younger generations.
> adapt or die. you have been banned from
it’s a catalog that young males growing up in the late 80’s would often use to tear out pictures from the “women’s undergarments” section, to stash them in their treehouse or desk drawer.
it was basically amazon. they sold *everything* and shipped it across america to anywhere you were (including houses!). you just ordered from a physical catalog book, which was truly massive, instead of the internet.
it’s where your grandma bought her refrigerator and washing machine
hahahhaahhahahahahaahhahahahahahaha. best comment i’ve seen in a while. couldn’t stop laughing. exactly wtf is sears
good buy aside. why have not you traded it for money yet?
probing questions are fair, but snickering derisively at the concept seems a bit cheap to me. his attitude seems genuinely thismissive, moreso than just the questions he is asking.
thank you. no one seems to get that he is not as daft (or as old) as the narrative in this post wants to believe.
while i see your point and agree, tsla has more than cars going for it.
the most successful startups this year in india were few crypto exchanges, i do not think they will again ban that
sears-roebuck was the amazon of the pre-internet age! it's surprising how similar they are, honestly.
once in a lifetime thiscount
regardless of how geeky he may have appeared, its hardly an ethical practice for a reporter to laugh and mock the subject of a story while they’re interviewing them.
god imagine being like 60 years old, ready to retire on your dotcom gains and then suddenly your stocks lose 80 percent of their value and by the time they make a return, you die
be skeptical, but learn how to listen.
buy the dips! and hold that bag 😆
as an owner of amazon stock if it dropped to ’d cry for months.
the reporter (bob simon) was 57. that's middle-aged, not elderly.
so good to see.
elderly reporter was long sears
naked short selling did not help either
i have. they have some physical locations, mostly to demo some of their products. at least they did in 2019, not sure about now.
and tunnel snakes rule!
they are dying a slow death.
we have a few locations here in hawaii but they went from the big mall outlets that were everywhere in the us to small retail stores selling just appliances and parts. its as of they went back to their roots.
would love to see a new interview with the ceo of blockbuster.
one of my first faps!
the treehouse lmao. i can remember it now.
yeah and they would later look at them and make reporter noises (0:38-0:40).
squiggly porn made the sears catalog obsolete.
sears catalogs and ditch porn were a huge part of my childhood.
i have some reprints of the old sears & roebuck housing catalogs. i love to look at the designs and the items you could customize for your house. the prices are funny.
when this video aired, amazon was still a book store. they sold music, but it was a book store.
they also had a huge presence in malls. there was a mall by me where the sears was so damn big everyone just called it the sears mall even though it had a different actual name.
exactly what sears was in the 80s.! hahaha . also had jcpanties
i only bought . i was 20 yrs old. it sat around did nothing for half its time. it’s worth . so no, i’m not a millionaire.
i agree. and so did amazon. it never was "just books".
government are beginning to see crypto as a threat to their power and control.
i feel like i see this often in interviews involving tech startups from the 80s and 90s. a lot of snickering and eye rolling. its as if no one at the time could fathom the ideas being presented as realistic.
yeah, it is fine, indeed *professionally expected*, of reporters to act as the devil's advocate and challenge their interviewees, but this is just ridicule.
agreed...he it is not ethical and it makes the reporter comes across as biased...and when a reporter is biased it is no longer news...
its almost as if the media has little to no desire to be ethical… remember that when you watch.
journalist are elitist pricks most of them and legacy media is a joke now.
whaaa? really??? but cnbc talking heads do it all the time? are they not professional? :s
happened again in 2008. boomers portfolios halved & they moved to bonds for safety, only to lose out on the recovery. many are still in the workforce as a result. timing matters... a lot!.
"don't believe everything and do not thismiss anything"
amazon is like that one geek who's really smart but also belittles people that are less intelligent than them and they believe that because they are smarter, they are a better person more worthy of success in life.
yup, damn hedgefunds killing businesses just for profits!
yeah i was thinking about that watching this, wondering how amazon avoided being shorted into oblivion.
*question: what is the best type of bear?*
their roots are selling barn and house build kits as well as farm and garden tools. i remember looking through my grandparents ancient sears roebuck catalogs when i was a kid. it was fascinating to see.
i have a beckwith piano purchased from a sears catalog in the 1920s. this year, the piano is 100 years old.
not really. amazon's success came from buying a company that had developed a system of automating warehouse fulfillment operations, to simultaneously deploy themselves and block competitors from doing the same by controlling the patents. they leveraged a super valuable first mover advantage by rapidly deploying those warehouses to locations within ups. so they could drop ship. it's the cost efficiency and speed of their logistics fulfillment that made them relevant. they just identified the weakest aspect of online retail, then purchased and implemented someone else's solution to it, essentially. so watching trends and markets for emerging ideas, and quickly adapting to them faster or earlier than anyone else. same reason all the tech giants now move at often seemingly hazardous speeds for market testing new product ideas and strategies. it's all about throwing enough experiments at the wall and capitalizing on first mover advantages for the things which moonshot successfully. (anf they leave a long trail of aborted).
even with share splits? woulda thought even a 750 investment would be worth more but i guess if you bought at peak
still very nice though!☺️ smart 20 year old
the cat is out of the bag now. they should worry about keeping a functioning democracy in place at this point.
been that way for a long time. china and india have banned crypto about a dozen times each. crypto is bigger than them and they will either have to choose to adapt and survive, or be left behind.
you’re right in some type of way
because the 2000 dot com bubble happened and most company basically went bankrupt. these people were correct, the valuations were nonsensical, just like many 2017 icos.
that’s why i love movies as time capsules, people just didn’t see what potentially could be. the internet at its current potential might as well have been alien technology. cell phones weren’t even really considered the future then, you watch the original blade runner and with all of the fantastical inventions they imagined for the year 2019 not a trace of a cellphone or the internet in the whole movie.
nope... amazon is that geek with a super model wife and technology that everyone else wishes they had.
not sure what kind of "expertise" it takes to understand that counterfeiting securities without consequences makes the whole market a bad joke. can you imagine anyone holding eth if it had a double spend exploit that developers ignored?
neat, some ad hominem. knowing that large funds secretly put shares in a xerox machine and sold those copies in order to drive the company to bankruptcy, alongside supporting media manipulation campaigns, apparently makes me an expert. for anyone else: i find r
not really, tbh. he bought at the peak of the dot-com bubble. the price fell heavily after that, he could have bought for almost 1. it took almost 8 years for the price to get back to the level of the bubble height. it's a good example how time in the market beats timing the market. 20 years later his investment seems like a genius move.
correct. as someone who lived through it, you can’t see the future before it happens. a lot of people here laugh with the benefit of history but they probably would have lost their shirt just like me in 1999-2000. most people did. one of the benefits of old age is not seeing the future but realizing everything is cyclical, stocks, crypto, housing, avocados. like sears, amazon will eventually go bankrupt, beaten by a company this generation chuckles at.
the claims ethereum would even reach . just goes to show you how much of an actual casino investments can be.
they were correct and that is why amazon survived and is now an absolute giant? lol come on at least admit they were wrong in this particular instance. amazon said they weren’t worried about short term losses and that worked. you can’t say man but their stock crashed ton.
who also happens to be an asshole with little regard for the safety and health of others
exactly. i bought in the . it—along with msft my biggest investment at the time in1999 — went down a lot. i wouldn’t say i could’ve bought at 1. that’s exaggerating. but i believe at my worst i was down around 50%- 60% for either one. if you don’t need the money, if it’s a promising investment, why sell? especially if you’re young and just starting off in the workforce. now just starting my 40s, i have less patience. i’m trying more and more to time the market and find quick growers. but it’s not easy. to be young again.
i was with you until you went against my beloved avocados.
> like sears, amazon will eventually go bankrupt, beaten by a company this generation chuckles at. idk. i mean, if you look at the global tech advances that amazon leveraged vs incumbents who did not, it is difficult to fathom that happening. and sears thrived & died in an era where antitrust still had teeth—amazon is practically a nationstate, providing global infrastructure & developing a space program.
i do not think . it did hit that in 2018 so it was possible.
keep in mind amazon is survivorship bias, there were many companies that you can invest in but did not survive. even this last year you could have bought many ipos that have crashed in value. it's hard to know if amazon would be the leader at that point in time. it was more obvious maybe quite a few years later (2009 or so when aws became more mature) that they were a safe and good buy.
seriously why did he have to bring our avocados into this. is nothing sacred anymore. its my favorite fruit.
i didn’t say they’re not unimaginably powerful, just that there is a rise, zenith and decline for everything and everyone in this universe.
it's difficult to fathom that happening. that's exactly the point
i could have chosen a better dollar figure, sure, but the sentiment remains the same. everything sounds crazy until it happens, and then it isn’t. that’s just the way life works.
you must not been around when eth dropped from 30.5.
when i first bought at 6 dollars, which was 2015-2016? 1000 did seems nonsensical
i thisagree, for example expecting xrp to topple eth is very very very unlikely or many of the dreams being sold in 2017. i do have to admit, doge at this valuation is unexpected and funny. i actually would like to see it being one of the top 5 just for laughs.
sadly i did not transfer my btc to eth then. hindsight is 20.
and a dead bear
so if someone told you ten years ago btc would hit 50k, hell 60 at one point, you’d consider it a completely rational thought? okay, sure pal.
i have been in crypto since 2011 and yes i believed 60k btc is possible but in fact higher. i am just surprised that it happened faster than expected. i thought it maybe 15-20 years to get there. i think the main crypto going 10x in market cap within the next 15 years is totally possible. it just might not be btc or eth.
you must be a trillionaire with this level of foresight. teach me your ways. lol you’re so full of shit that your boogers are brown, dude.
no, i had to sell off almost all of my btc to pay off medical debts a few years in holding it. sometimes life gets in the way. also i was a poor student and i only got to buy at a small amount. if i was far more older then with more financial stability, i'd have put in way more of course. sometimes you just like the idea and hold on to it. some people invest in startups early on because they think it is gonna make them really rich. just ask those vcs that invested in companies like fb early on, same thing.
bruh, why you being an asshole?
i’m sure you did.
this person is suggesting that they’ve been in crypto since it’s first surge from -, all while knowing that in 10 years, each coin would eventually be worth ,000? i’m not being an asshole at all. i’m simply calling out the bullshit when i smell it... if this person truly has been in crypto since 2011, and has known the whole time that it would eventually reach this value, they’d be an absolute fool to not to act on it.
now that is a decent answer! much better than your previous reply. thank you for being just a little bit more helpful this time around.
but i acted? i bought a gpu mining rig that mined less than the value if i were to buy btc and unfortunately have to turn them off because i did not take account into electricity cost but i did mine some and used it to pay off debts and had a nice gaming rig for a while (dual 6990s). you're also not taking into account that people can buy in more afterwards too. sorry you did not get in early enough or have the foresight man. stop being jelly and start doing research to make your 50x. i know friends that smashed that much in defi over the last year because they did their homework.
just because i’m a prick, doesn’t give you a free pass to be one... i’ll level with you here. your first comment almost made me feel like a bit of a dick tbh. but, you followed up with that snarky ass reply, and now you just sound like just as much of a dick as i do. sip your own fucken tea dude. or as you so eloquently stated, “bruh, why you being an asshole?”
lol you’re making some pretty bold assumptions about my portfolio just because i called you out on your obvious bs. you didn’t have any foresight or knowledge that btc would ever hit these numbers. that’s exactly why you sold off and re-staked. there’s a difference between having hope in something, and knowing it’s going to happen. i don’t care who you are. if you bought btc at double digits truly knowing it would have turned into 5 figures, you’d be a bajillionaire by now. if money ended up tight you would have said fuck it and lived in a van down by the river because you knew what was coming. a simple ,000 investment then would be worth .25 million now. stop acting like you had any knowledge at all about what any coin was going to do for future growth. you didn’t. nobody did, and nobody does now. this is a casino. nobody knows if it’s going to go up down or stay the same. you were hopeful. there’s a difference.
lmao nobody likes you, you just sound like a dumb twat.
[tip this post any amount of ]( (by [6:58pm utc]( to keep it visible.
i can still remember the euphoria.
i bought some at 4300. never forget indeed.
never forget is was around .
craziest thing is that price was reached just hours before the infamous tesla-btc announcement. hours!
can someone predict the date this year it will hit this number so i can feel better about it? i know every prediction is bullshit but it certainly contributes to my confirmation bias.
oh i can never forget it when my friend told me open an account fast as eth is going for
this feels like 8 months ago
and on may 12, 2022 we'll be up and above
when will it reach that price again?
it’s crazy how this is my birthdate and i thought the crypto gods were rewarding me with fortune. until the day after
this day was more important then both of my childrens birthdays
also the last day of my vacation. :(
i invest in etherium for my kids so i'm not worried. by the time they are old enough to need it the price wont be anywhere close to where it is at now.
boys boys boys it is just a quick stop to load up nothing more do not be thiscouraged
it will definitely be back there before may 12, 4328
i'll never forget. because i cannot sell until it reaches around there again. i do not even check the price daily anymore lol.
should i have sold maybe but i was too busy to bother lol
y’all think it can reach 10k?
feels even worse, because i only remember it being at 4k not that extra 328 per coin
that sweet sweet ath memory :’(
serious miss those days, but i belt we are bouncing back and above.📉
it's been the fastest 4 years of my life since then.
a long way away from 324
never forgetti moms spaguuetti
glad i dca, only down about 1k
the real reason i got disney +
you guys. you guys. you will see it again.
should’ve sold and bought back now
ah yes... the month i started... *cries in red*
cannot wait till it hits 1k so i can buy a bunch then ride the wave back up past 4k
i bought the dips and am counting on this and xrp moving way past this by years end
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [ath]("last usage")all-time high [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise [ico]("last usage")initial coin offering [xrp]("last usage")[coin] ripple ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(6 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 26 acronyms.) ^([thread for this sub, first seen 24th jun 2021, 18:33]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
we will never forget this glorious day!
we will be back.
best and craziest week for me ever. just waiting for it to happen again.
u[tipped]( you 43.0 donut!
fuck i kinda want to forget!
a new ath every week. what a glorious high!
trust me, i think about that day all the time...
sad how all good things come to an end, until they come around again (hopefully)...
all the comments here are comedy gold 😂😂😂
in 2025 this will be a comedy post 🤞
yes, but who caused that? was it due to popular belief in the value of ethereum or just big whales having fun pushing the price up before taking it down?
coming soon more stronger
there will be another!
hey! i bought in right around there! luckily i have successfully averaged my way down by buying many, many dips lol
we will meet again 4k!!
how i miss those days 😂 feels like ages
sold 80% of my holdings on may 13, missed the top by less than 24 hours
i will tell my kids about that day one day
shut up shut up shut up 😢😂
what was the actual picture of, who remembers?
i should have at least got out what i made back from my mega oof on gamestop. it was just peanuts, but they were my peanuts 🥜
i cannot forget it
upvoted please upvote back thanks❤️
oh trust me, i will not forget, since my dumb brain thought it should buy at this point \^\^
nothing has fundamentally changed. there is no reason we cannot see that price again.
imagine ten years from now
lol. check out me trailer... you'll forget all about it...😏
we will have much higher prices than just 4,3k
and i bought on the 13th. welp
you wont ever see it at that price again so keep it a memory
we will comeback stronger than ever.
it’s not you-phoria, it’s **we**-phoria.
euphoria!! does it mean now its not goona go there :(
what a days. golden days.
eth ath was my first crypto investment lol.
lol this meme was really popular after the ico crash in 2018.
ouch. i lost a few hundred bucks myself.
if you still hold, you have been strong. eventually you will have your reward.
and someday it will be 50k!
we should have bought at that price.
i cannot forget that night. i got my first eth (at ) because news were bullish as vitalik donated more than , ok here we go. then that mf tweeted and whole market keep dropping since. fuck you elon.
november 5th i’m telling you
i think it’ll reach close to it again in july but not quite as high, but i think it’ll go beyond that ath sometime in october
most are calling for fall 2021 - i tend to agree.
and that is actually how most of people got into crypto.
i bought eth in 2017 and the same thing happened to me. literally as soon as i bought it it went red and never went green so i stopped checking until this year. now i have doubled my initial investment. hodl
you sell when there’s fomo, you buy when everyone has given up on it
so true, feels like so long ago already.
it’ll be in a bear market by then imo, so i’m guessing around 2-3k for may 2022. but i still think we’re currently on the bull cycle
some day, it will. some glorious day.
it ranges from 0 days to 37,000 days
no vacation this year for me.
that can go either way lol.
like the old timers and silver...history repeated.
'twill forsooth beest back thither ere may 12, 4328 *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
eventually, it is becoming more known but adoption is still in its infancy there is a lot of room for growth. don't expect it to hit bitcoin levels of price but 10k is entirely feasible.
where can i buy xrp? thank you
i am adding few insurance tokens as well like bmi, shld, nxm. i am waiting for the shld's market crash protection program launch. i am on hodl mode for eth as i have a gut feeling 2021 is the year of ethereum and it will hit .
i hope shld should stop dipping lol though they have been coming up with decent partnerships like reef, bmi, api3. we need insurance for sure. since the boom of the bsc market, the number of fellow ape investors keeps rising. and with these booms, comes a torrent of awful shitcoins, rugs, scams, and thisappointing launches.
the most recent case was mark cuban getting rug pulled on titans lol, only if he knew about the insurance products. let's see what bmi, shld brings on the table for the defi users.
aaaaannddd it is gone
we will back someday.
said the guy who jumped in at
and you've surely learned a lot since then. so it is not that bad.
do you spend all your money
bought at 3800, still holding
i hold and buy more!
i hope i believe it!
that sucks. highest price i've paid was at the . haven't sold and would not even consider taking profits until we start hitting aths again.
remember, remember, the 5th of november
november 5, 2024. we’ll be back stronger than ever, believe that!
from your mouth to vitalik's ears :) remindme! 135 days
well my man you were pretty right 🤣
holy shit you were pretty close! what shout do next with eth, buy ?
i watched it balloon past . when it crashed the first time below . no regrets.
i got into crypto with eth ath lol.
this is true. many people bought in that time.
good insight. only the strong hands survive. the problem is investor greed & impatience.
same. what a painful 3 years... back to buying... and here's to another run like this one... to the moon.
like on a roller coaster.
what you’re saying is very possible. but i really really hope you’re wrong but just because i’m biased.
definitely. we will back.
i buy here in canada through coinberry
i have only bought bmi & nxm tokens so far but keeping an eye on shield finance for now. it looks decent on the papers.
press f to pay respect.
i bought at , being patient and having to now hodl is not easy. let's hope eip-1559 changes things for the better.
i will be messaging you in 4 months on [**2021-11-06 18:11:20 utc**]( to remind you of [**this link**]( [**9 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
i totally fomod in during that crazy 2017 bull run. bought at the peak like a chump. i am dcaing now. annoyingly i have been following crypto since it is inception just never bought in so this time i am determined to do it right.
depends on what your end goal is, we’re no where near this years ath in my opinion. i’m pretty sure we will hit 10k for a very short period of time and then enter the bear market right after. pretty good for long term and short term investors if i’m correct, bad for people that are planning to sell in mid 2022 for whatever reason
it’s gonna be like 6 months.
it gets me crazy. 2017 i bought like a freak. i made my investment back, and kept pumping funds and then it plummeted. i fomo'd and nearly made myself sick. this time around i started pulling 30% out each time it climbed until i recovered losses from the past. now it is steady, methodical, staying focused and consistant. i feel better this time around. let's get it right this third time around. i want freedom so badly from doing it right just one time, i cannot stand it. one time.
i might sell at ’s the case and buy some more after that dip. , i’m pretty broke and i’ve only managed to crape my money together to buy ξ1.
we might see it longer, then it will be wise to stake your coins like eth as cb has started rolling out 5% apy for staked eth and powerpool 30% for the yla index.
i mean don’t take my advice as crystal ball readings. this is just a prediction i’ve made based off past trends. if you’re holding it long term, then you are good, that much i can pretty much gaurantee
we’ll have to see.
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it doesn’t sound like you know what money laundering is.
wouldn't taxes be owed on that initial sale of ?
so here is example of money laundering. a dude is selling drugs on darknet for btc. a dude is making an nft on ethereum blockchain. a dude is swapping btc for eth on a defi exchange and then a dude buys an nft from himself. now these funds are "clean", because he sold a piece of art.
this isn’t money laundering lol this is marketing 😂 every company does this. they’ll jack their prices up 15% then start a “big amazing sale” of 10% off and suckers will buy that product up because “it’s on sale”.
sounds like the average ebay listing to me? what's new here?
how is this money laundering?
he made up that story. oldest repost in nft history... cant believe people are still reposting the repost of a repost
i'll take "that never happened" for 500
there will need to be credibility scores for transactions on opensea.
thats not money laudering thats one of the most known scams in the nft space
i want to know if somebody really did this and it worked lol
to be fair, the fine art market has operated like this for quite some time now. except with fine art, there’s actual money laundering happening.
pretty sure this is not what money laundering is. i hear people who know very little about nfts associate money laundering with nfts because they heard a few people using real art to launder money
wash trading is degenerate and immoral, but it is not money laundering. if you think we need more regulations, you are the problem. \
my favorite is people crowing about pirating nfts on solana…
no one’s combing through them to catch a deal based off a single transaction.
lmao, it actually sums up the whole nft market right here.
with no use and no rewards than that nfts are useless.
no one is saying you need 100k at the start to buy from yourself.
boomer meme at its finest...
i'm not sure it is money laundering. sounds more like he is explaining wash trading? [wash trade](
i have a feeling certain politicians will be nft creating experts...so hot right now.
how is that money laundering, genius?
that... is not what money laundering is at all. what do you think it means? i could not even decipher its intended meaning beyond a very vague understanding that it has to do with... nfts??
this whole nft are ponzi multi level marketing things ,they do not solve any real world problems .
scamming someone does not make it an investment.
everybody here is triggered but at the same time it would work on money laundering, some artist getting paid a ton of money on some shitty art but people will pay a high amount then that sets the standard and people then want to get a piece of it as well. for example some dude just taped a banana on a wall and got paid a ton of fucking money not because it was art but because it was his name
this didn’t happen. if it did though he would be up for - 50k tax (capital or income dependant on residence)
that's not money laundering. that's called creating a market buzz. don't get me wrong. nfts jpegs are ridiculous. but there is nothing immoral or wrong in what he did.
this guy's an idiot that nft will be worth 300k within 10 years
there are no fees on transaction?
33 digital trading company the wave of the future pays 5 percent a month plus going up 33 assets backing the coin
and they say crypto is not manipulated… no diff between nancy p and nft scams.
funny thing is, that "sucker" probably flipped it for
soooo how do i mint an nft
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [irs]("last usage")(us) internal revenue service ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 3 acronyms.) ^([thread for this sub, first seen 2nd jan 2022, 23:19]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
and he still lost money cuz of eth fees.
that makes no sense
nft's are worth whatever someone is willing to pay you for it. obviously, staging the price, by showing a previous fraudulent sale price, and then now it is available for lower, would be tax fraud, at least, in the us if he tried to harvest a staged loss.
u[tipped]( you 20.0 donut!
why tell anyone, just repeat, and repeat, and repeat...
most of the time you hear these words on reddit, they are completely wrong and have no idea how things actually work: rico, treason, money laundering, ponzi, gas fees, user tracking, fed, congressional bills.
seems like its intended as a scam. as just proved byvthe tweet
first off anyone who actually has browsed the nft market would know that collections with high volume and that are verified are worthy of purchasing. if they saw a randomly minted nft thats only had 1 previous transaction, then chances are theyre not going to buy it no matter how much the thiscount is lol. these fake scenarios are out of hand lmao
this man clearly used to be in charge of the perpetual “50% off!” sales at j crew
it's not money laundering assuming the money he owns is "clean".
no use talking to these people. they’re similar to the people that called bitcoin stupid in 2011.
lol nice repost, bot.
is that even legal ? i dont think thats legal man . sounds very very wrong .
he’ve just tricked people into thinking that they could “buy the dip” on your nfts 😂 .
i use washing machine, it can fit more nfts 😅
how much it cost in minting an nft?
this same thing could be done with a house. cheers to it !
how is that money laundering.
the part he does not mention is he paid 400% of that 100k to opensea
everything i don’t like is money laundering
true or not, i am going to give it a go. how does someone mint an nft? what is the first step? clues anyone?
it’s big brain time!!
that’s a different story from money laundering
is this the nft? makes sense
classic zero sum futuristic gamification of bullshit . 😍
he is joking but no way this isn’t happening right now.
i'm italian if i win i offer you a pizza
everyone said social media was a fad and here we are. so buy my shitty drawings for thousands of dollars so you don’t have to fear missing out 😂
nfts are indeed the future so you better be keeping them safe and sound on nfty portal .
what’s the point in you creating the lie buddy? you bored?
this reminds me of hunter biden deciding to pick up painting and selling his paintings for hundreds of thousands of dollars raising money similar to the clinton foundation.
i cannot wait to kill myself, this future sucks.
what? what just happened? what did you do? am i the only one that is completely clueless??????
how can i make account on any nft platform ? cheers .
chainalysis on these transactions would likely reveal a truth stranger than fiction.
but at first he have to pay upfront thousands in commission from sales first right?
but he could right click save for free, i do not get it . xd .
not sure who does that…there’s thousands of listings on opensea gathering dust.
no one going to buy that one because it is on thiscount.
i’m new to nft. how often does this price inflation happen? or happen similarly when people buy and sell to their friends to raise prices?
what a great chance we all have, the current promo from tes is insane really. i'm so happy xxx :) so much ethereums to give.away from tes, we love you guys! last chance everyone go to and thank me another time xx
tes is doing promo event for all holders of ethereum, its easy do not miss it seriously you will be upset. so simple go to
why would you list it at 30k after buying at 100k. the purchaser must be genuine stupid
awesome, let me know how you make out paying taxes on the 100k in income you're showing from the first sale of the nft.
do guys truly want to learn how to bypass tax? using nft to bypass tax is not the way, i recently cashed out 2 million and not paid a dime in tax
future of scamming apparently
it sounds like someone’s going to prison soon. i hope you have a nice chastidy belt … and lots of lube to reduce friction
100% this guy lying 🤥
.0 nutgain’s browser boasts super-fast browsing speeds, offers an ad-free online experience, and has been optimized for efficiency. this will give users an unprecedented experience.
this is called wash trading. edit: how is this being downvoted? this is literally what this technique is called, it is a legal term. lol
this is not money laundering. fraud, perhaps.
they also do not know how to use the word "it is"
and people here just ate it up. god crypto investors are so fucking stupid. not even uninformed, i really mean they are below the average intelligence. average wsb investor is probably twice as smart as the average crypto investor, despite their commonality in their gambling addictions.
yeah , lol that’s just marketing
if it is not tits, you must acquit
i sold a transparent mirror to myself for 20 eth waited 2 months and deym now it’s worth 200 eth. soon this story will really happen because it’s the future.
tell me you feel when your nft changes hand at 10 million dollars.
that's...a good ass question. any cpas or pros in the house?
if money doesn’t change hands, is it considered a transaction for taxation purpose? can i sell myself the last potato chip i have for all my bank account savings?
i mean just do the maths. , (or ), (or ). either way, it ends up .
he can say it was sold for ,000 dollars and then just sell it to himself for a dollar or just send it to the address for free.
good lord. this is a ton of outright confusion over taxes. there must be 20 incorrect facts listed here.
nope loss offset gains
that's why i am so deep in these comments. dude has to pay capital gains taxes or some sort of tax on that sale. i've heard of people doing this. having multiple accounts and buying and selling their own nfts over and over to give it "street cred" and then selling it to someone else. super unethical, but it is what it is. unfortunately shit like that will probably result in more unwanted scrutiny and legislation from our overlords.
depends on the location, but yep.
if he listed it as a sale then he owes 40% to the irs correct me if i'm wrong please
i do not think he would owe taxes but he would owe some form of fee on the sale i.e. 5% fee for any sale, . if he listed again and someone bought it at .5k
no. he would show a cost of . then when you take gas fees into account, he actually took a small capital loss. this is all before the .
and the gas fees were only ! the future is now.
if his official story (ie. to the tax authorities) is that he sold it to some anonymous buyer and thus has , then: yes, of course. he has income, he owes income tax. if he is just doing a wash trade where he pretends there was an exchange of money then no, of course he does not owe taxes on the 100k... only on the 30k he got from the sucker who fell for the trap, because that is the only actual income he has. edit: the amount of misinformation and downright absolute cluelessness about taxes - and finances in general - never ceases to amaze me here. what the fuck. so many dumb replies.
can i get mushrooms from this dude?
sounds like a lot of unnecessary extra steps. couldn’t you just buy the nft for the agreed price of the drugs?
and in reality they sell shit in the name of art
first of all, that is just a lot of unnecessary steps. you can just say "drug dealer has dirty money. he sells himself an nft, now the money is clean." the thing is, that is just not true. it's total nonsense. as if money laundering was that easy, lmfao. you people really think the taxman is completely stupid. you know the end game of this? "oh yeah i sold this nft i minted for 100k" "sold to whom?" "oh sorry i do not know that... it is all, like, decentralized and like, anonymous and stuff" "uhuh, yes, sure. if you would please put your hands behind your back so the officer can escort you..." you do not need "nfts" for the "scheme" you guys imagine. you could just say you sold your toe nails to some random guy on the street for 100k, it would have the same weight in court. total nonsense. you carry the burden of proof for these kinds of sales. if you sell an nft you minted for this much money and you cannot show proper kyc, you're going to have a bad awakening.
on which defi exchange can you swap btc to eth? 🤔
why anyone buys that piece of art for that much money?
this is just a nft flipping and still no on going to buy that.
sounds like hunter biden
damn dude do not be giving away these trade secrets to the sheep us wolves have to make money too 🤪🤣
omg macys money launders?!?!
only the ones who know are gmi.
it's not marketing. it's fraud.
nft people do not seem to know what a lot of things are, and they are openly proud of their ignorance.
kids pretending ebay does not exist. they somehow just found out about the internet.
kids thinking it’s money laundering
it's not lol. op does not know what he is talking about.
reposting reposts is 90% of reddit.
make a tweet, then post a repost of your own tweet. now everyone thinks your tweet is worthy of reposting, and some sucker will repost it for . easy money!
i bet this is 50% plus of the volume
yeah you are right about it a lot of common scams are taking place.
well, it is not really a scam. it's just a gimmick that marketers do.
they did not and it does not you would be doing this as we speak if really worked. you cannot print money like this, it is a dumbass myth being spread by low iq idiots
why would anyone lie on the internet?
this is how the regular art world works.
i know a lot of people a actually did this and worked like that.
they have to route the money from different places to do the laundering.
lmao! i wonder why people always confuse nft with the coins.
small investments are better to get off in the starting.
because you don’t. flash loans.
lmao! there are a lot of boomer memes going on in the market.
nah i do not think that this is same as wash trade buddy it is kind of different.
i used to bid on my own auctions on ebay when i was a starving grad student. sounds familiar.
a lot of people are actually doing it be it popular celebs or politicians.
it has nothing to do with the nfts bro! it will just keep on happening.
yeah they do not care about the real life problems to be honest.
it does if it creates clout for your nfts so now other people want to buy them.
a lot of people actually thinks that it is legit investment.
the real thing is that people just want their name to be famous.
i do not think that people will actually understand it well like that.
but the fact is that a lot of scams are taking place because of it.
i do not think that it is possible that there is no fee on the transaction.
yeah you are right, all these companies are going to handle the crypto.
yeah you are right nft related scams are growing day by day.
lol! i was literally thinking about it as well it will grow with the time.
you cannot actually mint the nft you have to purchase it.
it is not possible you can give your recourses for that.
well this will really help for sure i wanted to learn them as well.
booating accidents are very common buddy, i do not think that it needs to be explained.
i know right this is pretty senseless but we should atleast try to understand.
loss and profit is just the part of this market cannot really predict aything.
nfts are really the future if people really understand them well.
i know right i always wonder that why do they repeat the same thing again and again.
all these bills really makes no sense to me until they are implemented.
the fact is that not everything present on the internet is factually true.
yeah no doubt about it and fact is that government knows about it all.
yeah legit looks like a scam no doubt about it to be honest.
yeah all these exchanges are making things harder for the investors.
people are really new to this concept i do not think that they will get it.
we never know what he actually wants to do with that.
the main motive behind money laundering is to turn money from black to white.
i guess they are using it somewhere at some shady place like that.
and now they are just eager to invest and wait for the dip lol.
this is how all commerce works. all of it. even your house and stocks.
yeah you are right if people are not cautious than this is going to happen more often.
this is the harsh reality of this crypto and blockchain world.
like we needed further proof that nfts are a scam. lol .
😂. but this would be too painful for any second buyer if it is real!
let me eat that tits
yes, today. 7 years ago this was a place for intelligent thiscussion.
it’s a classic anti-crypto thought-terminating cliche. a bunch of money being spent in a way you don’t understand? probably a crime perpetrated by criminals.
calm your fucking tits god damn btw i think you meant "not even informed", dumbass.
glad your with us retard.
i can scarcely imagine being so elitist and ignorant at once
they are playing with their own balls think that they are tits xd
yet here you are.
lol this guy 100% doesn’t understand crypto or blockchain technology
pretty broad statement. gtfo with that bullshit, there’s plenty of people making money on nfts and dipshits like you with a myopic and clearly uniformed view of a growing concept of business, crack me up.if you still think nfts are simply jpegs, you’re a moron. take your toxic shit elsewhere.
self-bids are prohibited in almost all "real world" auction formats - see shill bidding (by the seller) and phantom bidding (by the auctioneer).
tell me how you feel when you say something that makes sense and correlates to my original response.
no, “buying” something from yourself is not a taxable event. the initial basis is still whatever the minting fees were. the 30k less the minting expenses is the taxable gain.
this just inspired me to make an nft of the last potato chip... 🤔
yes it is a transaction verified on the blockchain. and good luck in the potato chip industry.
some dude mentioned above that, buying things from oneself is not taxable event.
don’t forget to subtract the fee from opensea or what ever nft platform you use ☺️
there was no 100k gain. he bought it. it was a transaction
if i were him i'll purchase that for 1m that will create a lot of hype.
yes, it is scary
1. , = 2. , = net
based in puerto rico
i do not think you are.
i do not practice in the us but i'd be surprised if he does. many jurisdictions would either see it not as a sale for tax purposes, or a trade where the income and expenditure nets to zero (100k - 100k). he'll owe tax on the 30k though and i wouldn't be confident what he is doing is even legal.
you only owe taxes on income or gains. the money he "paid to himself" is not income or a gain, so there are no taxes. only the .
not everyone is from the us, dude...
would be more valuable than an nft at least
wouldn't that be great, i wanna try shrooms so much lol.
yeah, but then he does not have an argument.
i like this strategy, just cut the crap and jump right on to good stuff.
they also found out what the word deceit means too...
yea market manipulation is a scam by deffinition. youre driving up the price of something to then sell to someone thats thinks its worth more then it actually is. you might aswell sell me fools gold as 24k.
good job. we gotta cash out before they catch on...
lmao! a lot of people really thinks that this is really a great idea.
one cannot print money like that it will be the dumbest idea of all the times lol.
well actually it works lol. a friend of mine is selling solana nfts and he did this strategy for his very first nft. no kidding. he told me about this method in early 2021. i'm not doing it though. i do not even sell nft.
people do it just so that people can believe on them lol.
just to give a lot of misinformation buddy, that is a legit business lol.
hey, friendly tip, you can’t use flash loans to buy nfts, atleast in this example. flash loans work with a longer transaction (mainly used for arbitrage, like i buy 100k worth of btc from one exchange at ,000 and sell it on another exchange for ,020) and the transaction only executes if the loaned money, and the fee (usually .009% on aave) are paid before the end of the transaction.
there’s always a sucker you can sell to the ethics of this is questionable
it is just because the nft are getting more and more popular day by day no doubt about it.
i think that he will do that we cannot trust anyone like that.
lol. why u heff to be mad
it likely will be painful for most of these people who try to sell. the anonymity of crypto addresses makes this the norm.
nftits 🤣 the future!
is it tits it is tits it is tits , sit it tit is isit tities
yep,most whales are like that.
and despite my sentiment, i am ultimately glad to be here too. just frustrated.
wtf i'm a smart contract dev
ahh interesting. is the nft auction market have those rules as well?
to legitimize the cash side of an illicit transaction. i.e. you give me a lot of drugs, so i give you cash by paying a retarded amount of eth for an otherwise worthless nft. it happens all the time in the art world, i suspect it is the only reason "modern art" even exists.
goddamn man, then i'm gonna mint some nfts too, seems like a good idea.
yep 30% taxes in other words his profit so he broke even🤣
i will screenshot it, print it, and have unlimited food as long as i have printer ink.
if it is a nft, it is truly worth all your savings!
lmao, and then sell that for 100k to yourself then someone will oay 30k for that.
that nft will be flying, i can guarantee that. i'll buy that for 100k.
but after that he sell it to 30k to random person who buys that.
i agree it is just a wash sale with a , but if the money is moving around internationally it is not that simple. it all depends on how it was accomplished. my only point is from a us tax perspective, it does not matter if there is a gain or not. it all washes out eventually unless it gets trapped behind a c-corp or some international non-flow-through entity and results in a .
should be good, they have 0% on capital gains.
that really isn’t relevant here. if you bothered to look into it, the person behind this twitter post is based out of la. so they are, in fact, from the us. last i checked both twitter and reddit are us companies…so perhaps the us-centrism here shouldn’t be so surprising, eh?
you should. you’ll see the world in a whole new light. said a guy i know
the tax man will fuck you if they can. do not give the tax man the ability to fuck you. this is financial advice.
i do not think he is telling you the complete stuff to be honest.
i think *maybe* this happened early in 2021 when the market was completely absurd, like februaryish. back when people were literally minting pictures of people's tweets and actually selling it do i think you can go and do this now and make money? no, i do not, or i would be doing it myself right now
nfts are gaining popularity so maybe he is right about it.
hey man i do not care about the ethics behind getting my art out there and making the money it deserves to actually be making instead of some a hole duct-taping a banana to the wall and selling it for ...
my its are acked.
wait, i don't post anything, that means that i'm a whale?
is everyone watching michael saylor live? [r](
not if your a retard though 😉
welcome dude, glad we could help you with your frustrations.
then i have no clue what you are talking about. i’d say most crypto investors are far ahead of the game as they see a new system being created and are willing to take huge risks to be a part of it. sure they may not have the best knowledge about how it works but it’s not really fair to blame someone that doesn’t do tech for their job to not understand when one project is bs and the other isn’t. to them it’s all buzz words and them knowing the difference in projects is much harder than people like you and me. yet they are still here. supporting people like you with their investments. have some respect.
ok, so what does this have to do with the post?
so, you're saying it has nothing to do specifically with crypto and everything with the sale of arbitrarily illicit products. they could use fiat or chickens it would be just the same.
it's not money laundering
but in the process of creating hype, it would not be taxed thou?
couldn't he do the same again ,this time to show loss.
this is so unbelievably incorrect.
either you guys are super smart or just super dumb because it does not make sense to me.
that'll work great lol, mate you've found cure for the world hunger.
nah selling off point for that would be like 50k i'll start smaller risk with an like 10 nft trading for , if it works just keep upping the anti 🤣
there is no wash sale rule for crypto. still i doubt the irs would consider the first transaction a 'sale' since you still retain ownership. same thing applies for most property like real estate for example you cant sell your house to yourself.
aw, sorry i hurt your feelings little buddy
i’ll take letits for , alex.
it's "_let it snow!_"
wtf lol🤣🤣🤣🤣 this thread was hilarious dude, good job bois, good job.
soon you're tits are gonna be ached, then your bits.
yes,if you can bring long wicks.
why do people worship that greedy fuck that much? any reason?
stop being so idealistic. most people are here because green line go up. the average crypto investor does not particularly care about the financial system, they care about their investment. the loud and popular posts here rally around crypto's ideals, but the layperson has no idea how crypto will thisrupt banks and just cheers on these posts because what they really hear is "mass adoption coming, green line go up!" and i do not even inherently mind people who are into crypto only as an investment. but the average crypto investor does not understand how the product works in the slightest. so they are not a real investor, they are a speculator. and even then i do not immediately consider them stupid, because speculators can be skilled technical traders. but people here are horrid, putrid traders! it's thisgusting. and so then it just echos into "hodl is the only way, trading is impossible in crypto." and layer on layer on layer it just reveals the stupidity of the average crypto investor. they do not care about thisruption, they do not understand the investment, and they are too mentally deficient to learn to trade it. so whatever. they can pump my bags full, at the end of the day it does not matter who's getting me paid.
they can, and they do that with fiat and other means. it's just the fear mongering of cnbc and fox news that they are really buying into. idk why my explanation is being voted down though because it is at least hypothetically true, even if we have not seen it happen on the news yet.
it could be money laundering if he’s lying about someone buying it for 30k and he’s the one who really bought it
that's what i wanted to say
he is playing very well doin buisness not laundering
i got it now, but i'm just wondering how all this stuff works?
brain has entered the chat
correct. as an example: suppose i have two real-live wallets, one with . at this point, the irs does not care. and now suppose that i paint a beautiful portrait of my neighbor's taxidermied cat, and put that in the empty wallet. i might be a weirdo, but the irs does not tax weirdness. now suppose that i put both wallets in front of me and swap the contents during a twitch livestream. the wallet that was stuffed with cash now contains the dead cat portrait, and the wallet that used to contain the portrait now contains the cash. and the irs still does not care about any of that, although they may want their pound of flesh from any proceeds that i generated during the livestream.
i think we all agree it is a . hypothetically if i was to do this, i'd use llcs and it would wash out for my personal income tax return but the individual k-1s would show a gain in one llc and a loss in another. i'd want to obfuscate the ownership of both entities to the greatest extent possible. i think it is borderline or maybe even actual fraud, but that is not the topic of this thiscussion.
my bid is , alex
it is not so there for it isnt
> most people are here because green line go up. sir, can i have more of that green line go up, please?
then how can people get those skills? it's not easy.
so he sold it for 100k to himself and then again for 30k to himself again. why would he need to do it again for a second time for a lower amount.
i thought it left the chat. xd
wash sales are illegal. i think that is a wash sale.
the only difficult skill here is trading. bitcoin and ethereum are not difficult to understand. i do not mean that everyone should know exactly how a smart contract works on-chain, but most people do not know what even makes crypto special. they wouldn't be able to answer, "what's so different about crypto and cashapp?" or "what can crypto do that banks cannot? why can crypto thisrupt finance?" to understand why crypto works, it is absolutely crucial to understand *why* decentralization works. the gross majority of crypto investors do not understand why transactions can be verified without someone claiming that they have infinite crypto in their account. they do not understand consensus protocols, if they have ever even heard that word. this is pathetic, because this is the primary differentiating factor between cryptocurrencies and traditional finance. it is not that ""crypto enables fast cross border transactions"" or that ""fee to transfer lot money so low!!!"" it's that there is no middle man to screw over the little guy like they have done for centuries. absolutely pitiful that people can invest in such a novel technological thisruption, understanding the basis that it is a thisruption, but not having the slightest clue of why it is thisruptive.
because he only had 130k he needed cleaned
he is selling to other person on 30k with thiscount.
so in last he gets 30k with him with his own 0 value nft.
they aren’t illegal for crypto. at least for ethereum. i have used wash sales the past two years to tax loss harvest.
wash sales 100% legal. you just move your loss to the basis of the new purchase.
english lessons going on!
why would he then not sell it for 130k the first time. what does the extra transaction bring except extra fees.
that's not what the person i replied to said. he said he sold it to himself twice.
he gets nothing if he sells it to himself twice
i think that changes this year though, right? i made sure to harvest my losses before the 1st, and will not to buy anymore of that crypto for at least 31 days.
excellent, that is good to know
my cpa said it was good the past few year. ethereum is treated as property, not a security.
i think it was supposedly in build back better which didn’t get passed.
the gov has had plans to change it this year, but who knows if they will. it was supposed to be part of build back better i think.
[tip this post any amount of ]( (by [7:16am utc]( to keep it visible.
ohhhh…. non-fidelity tokens me understands now
how much would eth be worth without nfts bumping the network?
don’t screen shot my wife!!!
non fuckable token? thats what she said.
can someone explain meme reposts to me?
nft is nothing more than digital receipt that you can sell to other.
my guess is nfts are being used for the wrong thing right now. i believe there will be many use cases. one example is i'm a music artist and i have not hit it big yet, but i have a local following. i do not have enough money for my next album. the bank sure as hell wont give me a loan, so i can create. later any of my fans with an nft might get a piece of royalties, or i might give them vip privileges when i do a show in their town, or more. the nft is more valuable than a paper contract as any fans that bought an nft can trade, or as the artist, i could buy the nfts back and repay their support. end of the day, its a token that i as joe dude can create fairly cheaply, have it backed by blockchain, and use for any purpose where a token might be useful. i can basically create a limited release coin that can be assigned value and easily traded. if i assign no value to the token, it is justs bits and bites. this concept that the token itself has value is where i think people are getting confused. to the ops funny post, the certificate. so if someone buys a token that does not have any encoded promise of value, well then the buyer just wasted a ton of money. i'm probably off the mark and invite anyone to correct me.
everybody is talking about nft.but do you know what's the real meaning of nft? i do not think you know it.
we've been trying to explain nfts for years and you nails it on the first try.
so his wife is a jpeg and a jpeg is being drilled. damn
u[tipped]( you 33.0 donut!
just understoof the real meaning of nft and all i can say is what the fucking shit were hybe thinking .
nft = not for trade that's not the real meaning of the acronym but now you cannot stop thinking about it .
this is the best explanation i have seen!
that’s some good analogy😂
real question are smart contracts legally binding? you own an nft that gets you into events, what if the artist refuses after releasing the nft?
the fact that crypto bros are trying to shit on nfts boggles my mind. oh what are your crypto really for? you cant touch it, most dont really have use cases, etc
you do not own your spouse. this is some toxic manboy bullshit.
people keep pointing to gaming as a better use case for the tech than art. gross. in play to earn the liquidity has to come from somewhere, meaning most people playing axie are actively loosing money. it’s basically just crypto staking that: doesn’t increases your odds of profitability, doesn’t payout in any way that is pre-thisclosable, and you have to actively work on it daily as if it was shorts or something. stupid. think i’ll stick to normal staking and normal video games.
a wife is actualy non fungible, unlike rasters.
plenty of nfts already have important use cases, just look at ens… the problem is normies see bored apes selling for 6 figs and think that’s all there is to it
what stops multiple different nft issuers from all issuing and nft for the same object and selling to different people?
the best explanation ever.
unlike a valuable nft though no one is buying that bitch from you. quite the contrary that bitch will leave your ass broke after everyone right clicked her booty
so nft’s are societal norms 👍🏽
except the nft havo legal value whatsoever yet, so not even a good example.
i have been desperately trying to teach my wife about nft and i can confirm this is the most eli5'd explanation. she gonna mint her nft soon.
i don’t see anyone drilling my gaming nft’s. only i can use them.
please can someone explain the whole meaning of nft?
how is this educational ??
turns out that in the world of nft’s, sluts are highly valued
its like pretty pic that cost 3 eth 🤨😭🤭
yeah but then there is so many guys drilling your wife that some of them have an interest in obtaining that marriage certificate from you for money because it has collectible value to them. they feel the sentimental attachment and they know it is the only one in existence.
more accurate would be: imagine you have a wife so beautiful successful and people who don’t understand or respect your relationship download pictures of her, and claim her( not the picture) as their own, thinking by taking her picture and keeping it for themselves, they’re somehow not wishful, jealous, and lazy for not getting a wife of their own. plus to add insult and injury to themselves, they watch as you and your wife make money and complain on how dumb you are since they can just take a picture of your wife and she’s theirs now. seriously.
holy shit, this is golden. have to remember it.
your basically gambling on someones contract, if it fulfills or is destroyed
❌nfts are like girls, if you love them you will always have something useless with you!!❌
what was the meaning of life before s and the ?
except you still do not actually own your wife. and anyone can come in and do whatever they want with her if she allows it consequence free. kinda like an ntf lmao.
i remember some nft bros were trying to explain to me why it wouldn’t matter if someone screenshot an nft or right clicked it or whatever because it’s not the real version. months later they are literally getting mad at people for screenshotting nfts
this is funny but in reality it is more like imagine you have a wife who is getting drilled by everyone, so you can instantly sell your wife, and if the buyer sells her again, you get a portion of the profit.
you do not actually own or control the item listed on the nft in any way.
this pretty much sums it up, nfts in the nutshell. the whole market.
i think the real meaning of nft is "can never be fucking taken" . don't you agree ?
this guy comprehend the real meaning of nft. pass and buy do not waste any time.
the real meaning of nft if anyone is confused . xd .
yeah... definitely... but still very few know the real meaning of community .
guys, they lied to you, y'all being conned. i found real meaning of the nft: not a fucking thing.
tell me you have not heard of secret nfts without telling me.
pimp out for that forever 10%
actually you get paid each time your wife gets drilled because you got the marriage certificate, now that’s nft.
now, let us create a fungible token called non fidelity token regarding the sharing and thistribution of that nft's ownership. wait... ;)
best explanation so humiliation for those owns nft
preety expensive explanation cost so much humiliation
create only fans for her now. now everyone owns a part of her xd
do you people know the true meaning of nft? cheers !
only thing the nfts are pumping are the gas fee nothing else.
the same. price is driven by speculation never by utility or adoption.
is there a way to find this?
not my fault she has an of.
what about money shoting your wife?
but that is exactly what your wife's boyfriend does.
don't take my wife with in your phone
it depends, if she is hawt. she is being screenshot no matter what.
i wish i could have upvoted 10 times on that one... lolzzzz...hahahahaa🤣
\^this dude def been married for more than 10 years.
imagine you have a wife and…
imagine you have a wife, and everyone is drilling her and you can’t do anything about it. and one of the guys drilling her complains about the other guys drilling her. that’s what complaining about reposts is.
how can that be stopped...?
thats the most difficult part...
yes, this. people mention tokens can do the same thing but they don’t. you exchange tokens for an item but that shows no ownership transfer, nft’s are the title that goes with the sale and transfer of those tokens
you're pretty close as far as.i am aware. unfortunately nobody cares to learn what they might be able to do, and instead focuses on "dumb ugly money haha".
the potential functional use cases for nft's in the future is really high. im getting really tired of seemingly 99.9% of the world not knowing what nfts are beyond just digital art. and yet everyone seems to have an opinion on them, despite that. i feel like nft art is to the selfie as the nfts in a broader sense are to the photograph. yes nft art is a kind of nft, but there is so much potential for nfts in other use cases
i do not understand why this is not just a crowdfunding platform. they still have to trust that you will offer them royalties etc. without the 'perks' you are promising to honor, nobody would want that nft.
this is a good example of the utility of tokens in general. however, the "non-fungible" part of nft is not really present in this example. each band token is identical to every other band token, i.e. fungible. you could implement this same system with a regular erc-20 token more cheaply than with nfts. this is why most nft examples use art, real estate, or intellectual property. each asset is completely unique and different from all the other assets in its category.
the “wrong thing” has all the same promises as what you offer. shitty art nft collectibles aren’t shitty art. they are a brand with shitty art. if nobody knew what pokémon was they’d look at pikachu and see shitty cartoon art. but these og pikachu nfts were the initial funding that got the brand rolling. now that pokémon has engulfed the world and all the royalties, buying a shitty cartoon pikachu will have changed the life for anyone who got in early. you’re investing in the team behind the shitty art. these shitty cartoon apes and animals might be the next massive ip. and the holders will be rewarded if the brand gets mainstream adoption.
seems like art and music are the only uses of nfts
i know jack shit about nfts, but wouldn't you need something like an app that would produce a qr code to show proof of ownership to make that happen?
you are to buying nft art with some expectation of number go up it is in your best interest.
yaaa... another good way to look at it...
you're going to heaven, there is no place in hell for souls like you.
it's the best of an explanation that can exist in this world.
nothing can be done abt it... its the buyers risk...
nothing to take personal in this...
well if it is really your girl then she should not dump your ass tho.
isnt it...i cudnt stop myself from posting it as soon as i saw it...
see there are multiple ways to explain... one is this angle...
can't you see it is a meme not an example or social contract.
the person has been converting nfts of stolen arts and it’s all on opensea.
hahhaaa... understanding nft's is not easy... knowledge and experience both...
and only in that specific game. which means. it's no different than a normal item. but just slapped nft label on it for marketing and price purpose.
gaming nft's are fun... can you name one your holding... if you dont mind me asking...
keep enjoying your gaming digital lands that you bought lmao.
stop pretending, it is not even that funny, above that it is a repost.
nft (or non-fungible token) are one-of-a-kind digital assets that provide certification of ownership for the resource or good a user is buying. they assign a unique identity to digital assets, allowing companies to create and offer rare collectables. this provides the buyers to truly own a digital collectable and generates an additional revenue stream. for more info... plz refer google...
non fidelity token, here you go, from here help yourself.
it's a glorified "certificate of ownership" that is probably bootlegged, anyway, so you paid for a piece of paper saying you item something even though you really do not like having a star named after yourself. or those online "buy a title of nobility" scams.
it's literally explaining what nfts are, how much education do you need from a meme.
that is bad use and should not be advertised at all...
people used to say the same thing about bitcoin. and about the internet.
it's the utility of nfts man, they are perfect for laundering money lol.
hahahaaaa... havent gone that far thinking or imagining that...
because the whole nft market acts like one, this whole market lol.
i could stop launghing too...
someone bought it to and it got removed after this post.
makes ownership of own works using nfts even more meaning less.
wooooo... 3eth is a lot...
yaaa... works different indifferennt cases...
what an idiotic comment lol, imagine thinking so much about shit.
except instead of taking a picture they’re perfectly cloning the wife. really, they could then make their own nft with the clone. that’s how stupid nfts are.
there is nothing in it to take personally...
yeah, i'm gonna go ahead and say the meme was funnier than that diatribe...
this is platinum... rather...
yeah man, totally this meme is so good that it can be made nft.
property rights are without an authority to enforce them are worthless.
that's definitely true lol, it is the nost accurate meme i've seen.
fulfills is what we wish... rest are personal choices, gains and losses...
in any case you getting rekt is inevitable, it cannot be stopped.
non fidelity token, i'd rather prefer to say this. sounds better.
before and after- take what comes your way... coz a lot of times things dont go the way you plan... so be defensive and fight what comes your way...
i do not really know that someone will able to understand it.
i know tight this was very smart to be honest, cannot think of anything like that.
hhaha! this was really a funny and really intelligent example.
i think i do...
hahhaaa... i cant tell you without telling u...😁
secret nfts? what are those? i've literally never heard of those.
nft art was supposed to benefit artists to earn some money.
10% price or thiscount...?😁
really... you should make that one and take a screenshot...
don't give them ideas, or maybe it already exists lol. that's even better.
what took him so long to understand this little thing?
that's cheap. i would be able to get more eth
that’s ‘pensive. freedom only costs a buck-o five.
hahahaa... thats also right...
you have to buy nfts with ethereum. if i want to buy an nft, i have to first purchase ethereum, that raises demand for ethereum.
i may point you out here...
uh wrong, like completely wrong.
if i want to buy an nft i first have to buy ethereum. if i wouldn’t have otherwise bought ethereum then the demand for ethereum was increased because of the nft. that would indicate that ethereum prices have increased do to higher demand
yes... if you keep looking for it hard...
it’s free right now…
i think anyhting here should not be taken personal...
that's better, i'd let you do that if i had a wife, i'd definitely.
it's a so far fetched of a idea that i cannot even imagine this lol.
2 priests walk into a bar….
must have missed the plastic badge. showing up periodically is not an issue. being ripped off hot and reposted the same day...sirens go off
>so long as the administrator allows it this is exactly why crypto and nfts copy and do the same things as all the other platforms you mentioned. unlike the rest of the process and platforms you mentioned crypto and nfts allow for a decentralization from the administration. meaning the value is yours to do what ever you want with. projects who miss this point of decentralized development in the crypto space would have no added value to the other processes. so i would agree with you there that 99% of most crypto projects and nft projects end up having no reason to replace things we already have. although i do believe this is going to change very fast in 3 to 5 years time we will see projects like we never could imagine at this time causing most people and businesses wanting to adopt nft and crypto for the benefits of decentralization.
reminds me of david letterman making this argument to bill gates. i cannot answer you well, but this sums up how i'd try to answer.
it’s a collectible with utility and the whole process is way easier than the current. i buy an nft from some unknown music artist and that’s it, the end. i don’t kyc myself, i don’t input my bank account, i don’t hold on to some documents, i don’t trust some 3rd party that my info isn’t lost. same for artist, they make a promise and sell some nfts. in the future i’m sure there will be smart contract platforms that automate everything. artist merch is bought, .0000001 eth is thistributed to the wallet of all nft owners. someone played their song on spotify, .000000001 eth is thistributed to the wallet of all nft owners, etc. you can also sell the nft and all the royalties automatically switch to the new wallet. you’re a hipster and can actually prove you liked nickel back before everyone else. also when ar glasses come, it won’t be a gucci purse or gold chain. it’ll be me walking around and everyone seeing my og nickel back nft. right now i gotta just walk around with go fund me papers and hold them above my head for everyone to see.
i think the thing though is - as a music artist making less than 10k a year on your hobby, isn’t it way harder to make an erc-20 token? especially if you’re not a developer? i can just mint nfts and put them on some common marketplace. crowdfunding like a gofundme usually requires a local following etc to get off the ground. one guy in lithuania might like my music as well as one each from another 100 countries around the world, and i might have a way easier time selling nfts on the web.
nah, the token hash id and your wallet private key combined prove ownership. you can literally look up peoples wallets on etherscan and see which nfts they own. when the user used metamask (for example) they would login to the web3 app and the app could gather which nfts you own and use that however the app wants to. in this case to play your music. the nft could map to a song or just be an access code to a spotify-like library of music.
it's the only way to look at it man, get your mind out of gutter.
also this kind of draws out a massive problem with nft markets.
nft also hold ip right that are transferable this makes nfts just receipts.
it's a societal issue, not a personal one. it's also just a lame hackneyed joke. "hurr durr gotta lock your woman down or she will run around on you!"
i shared this with the nft subreddit. so goos
well this meme is very old and posted before couple of times already.
lol no, this cannot be explained this way. it's just ridiculous. and bad.
of course you can only use it in that specific game, unless it’s part of a metaverse. just like in any other game. except the difference is that these nft’s are earning me money.
i mean it makes sense to lol, it is the treding thing right now.
the most profitable ones right now for me are bombers in bombcrypto and i recently bought some tools for farmers world.
i will. thank you for that constructive and totally not chilthish and spiteful comment.
or... you could fuck off!
the nft is not actually the asset itself, the nft is the recording on the ledger of ownership of a given asset. the nft is not the picture of the monkey, it is the title to the rights of ownership of the image of the monkey--it is a certificate of authenticity and a certificate of ownership all wrapped up into one thing, securely stored on a public ledger that can be used to verify ownership and transaction history. somebody else can right-click your monkey picture and save a copy, *but they do not own it*; in much the same way as i can save a copy of a photo of the mona lisa, but that does not mean i own the mona lisa. the asset wrapped up in the nft does not have to be digital, it could be physical. recording e.g. real estate ownership transfers is one of the original propositions for how a blockchain ledger could be used in "the real world."
do not refer to your local museum, they know nothing of art.
all this explanation for a useless concept such as nft, went waste.
i was pointing towards the post flair which was set as educational and not comedy.
it's the best use dude, what are talking about, does not get better than this.
yaaa... untill nd unless it revolutionised the entire world...
people used to say that internet was to launder money,? lmao🤡🤡
well from normie people like you i do not expect that much sense anyways.
then please stop laughing vro, you are making all of us look bad.
no one with high intelligence ever called someone and idiot in the history of mankind. it shows weakness in character and linguistics. when you reach a higher level of communication, come back and read your content for context.
they are not stupid...
yeah they’re about as stupid as funding producing and directing a porn video when thousands of sites are just gonna rip and upload it to their site and make a profit, am i right? why buy the original when you can get the copy for free?
nfts are stupid there is no way around it, and they will remain stupid.
how in the world do you think you’re getting an exact copy by downloading a jpeg.
nobody is taking it personally dude, chill dude. you seem so insecure.
you guys have terrible meme taste, it is literally the cringe.
this is not even plastic, it is not even paper. it's not even funny.
no one was ever interested in decentralized property rights.
nft are instruments, what we are seeing today this time.
they are to far better off running their own market that they control.
and personal choice and gains are the only reason why i'm here lol.
yeah you are right about it to be honest it cannot be stopped for sure.
yeah you are right that is really great like that to be honest.
yeah you are right about it, it really sounds better than that.
yeah you are right about we need to fight for what we deserve.
you deserve the appreciation bro, good luck to you buddy.
yeah we have to actually appreciate the good work to be honest.
lmao! i know right this is really funny to be honest like that.
ikr? almost like this post.
care to elaborate? can you not sell an nft and get profitshare on subsequent sells?
you already have 😉
secret network has smart contracts that keep the data encrypted (including from validators). that way, the owner of an nft can choose whether or not to share private aspects of that nft (metadata, ownership, etc). quentin tarantino is releasing pulp fiction nfts on secret because of these advantages.
had to read it again and again...
i am not givn you no tree fiddy we work for our money in this house
yaaa ... thats true... increases popularity and market cap...
lmao it is given lol by the nature of people here, you'll get trolled.
we're on reddit, who are we kidding
like eventually taking the place of titles to property. they have the potential to represent anything of physical value and therefore can be taxed. we are in early adoption of this. the worst is yet to come from blockchain
i think you're missing the point of the comment you're replying to. the point is not centralized vs. decentralized, the point is nft vs. a fungible token. using nfts adds nothing in this example, the same utility could be achieved with an erc-20 token.
by now, people there must have minted couple nfts out of this too.
greater fool it is.
good for you if they are making you money, other people are getting rekt.
ok... thats for the info...
profitable — you get money for winning with your bombers in bombcrypto?
nfts are the best way to get your arts. you cannot go wrong with them.
he's saying that we should not use nfts to launder money.
uh, why’d you go with porn? any video would stand in the same. and people copy video all the time while others choose to pay. you don’t get copyright with an nft. hell, the image could be moved or deleted and your nft then points to nothing. you own precisely nothing but a url as long as that url points to a specific image. nfts, as they are now, are garbage. give me a system where only the owner can view or grant access to the image, and the image itself is owned, then you’ll have something. an artistic work could be created and then stored in an encrypted container, with a viewing program that uses your wallet to allow access to view the work.
but atleast corn is fun to look at, nfts are just stupid lol, not even fun.
maybe it is not complete shit and they used a lossless file format? anyone actually buying a jpg is a moron
every screenshot looks the same rest i do not care at all.
it’s perfectly safe to say you don’t own an nft or haven’t made one…right? cause what you’re describing seems like you’re complaining about something instead of admitting you have always been able to do what you describe before nfts. it’s not like you couldn’t copy the coca-cola logo. or put it up as your profile. or make shirts or whatever you want. i mean they’re making 1:1 copies of airpods pro, jordans, you can even get a replica of all three spider men suits. you’ve always been able to steal works and use them for personal use. you just can’t legally claim the brand or your copy and a genuine product. the minute you do make money from it by selling it to the public your argument about the stupidity of the sale and security of nfts goes out the door. the joke is you justifying stealing someone else’s work, just because you can, then pretending to be justified, morally superior and intelligent about it. there are plenty of people with no honor in the world who if you leave them alone or give them a chance they’ll steal anything not nailed down. they’d also steal nfts too. what’s your point.
lol no it was not man, stop pretending that it was funny at all.
i did not even say i liked it. so stfu
well... not for you but for many...
you are right about it they have all the control of the market right now.
thats ok... does not make a difference...
nfts do what the erc-20 token did for finances. how many useless erc tokens have we seen over the years and the horrible ico scams that got millions of people to believe in the projects on the promise of a token. nft contracts can even hold erc 20 contracts the use cases for these projects aren’t even being thought about yet because everyone is trying to understand them through digital art.
i'm no nft expert so maybe someone who understands it better will explain. but for the vip thing. it does not seem that easy to do today. i'd need a contract, people managing sales. or i'd have to manage the money exchange. if there is a physical token i'd have to procure all of those. with nft, after i go on my pc and set up the tokens there is nothing more to do except show people on my social media feed a link to purchase the tokens. feels easier to me than the current method. one of blockchain's core benefits is removal of middlemen from transactional processes. i believe there is removal of labor. also the ease of selling. i dont feel nfts will replace everything like this, but in 10-20 years i bet small time events and eventually big events or groups will start to use nfts in this fashion. and my guess is it will be used for things we have not figured out yet.
i think that comment makes no sense.
if you think world of warcraft accounts were going for thousands of dollars in early 2000s or fortnite gift cards are selling out bcs of greater fool theory, you're the greatest fool here.
you’re welcome my man
it’s just idle pve really. your bombers destroy chests and they give you bcoin. but on 18th they will add marketplace and adventure mode. but yeah, some people are making crazy money from this.
porn was the best argument to show the expectation of security by the consumer doesn’t dictate the amount of money generated by the product. you can’t say you expect the same security from a porn product that you expect from an nft. but you can profit more from an nft than you might from some amateur porn, even though you can expect someone out there might be so desperate to bootleg. all that security talk and exclusivity dream stuff is overrated and obviously outdated to expect in this no privacy wild west world of today. best to factor that in along with your expectations.
my clients aren’t morons. it’s not like they’re not getting their money’s worth. usually they make a lot of profit off those jpegs or they wouldn’t keep coming back…the only people who need hq copies are the ones sending them to manufacturers and publishing houses. they can get them from me as well. the jpegs are just to show like on a profile.
>you have always been able to do what you describe before nfts. so nfts are pointless and have just made fraud take even less effort, you say? i agree
finally! another text wall!
i'm gonna assume that you are over invested in that shit lol.
i never said that, also you cannot just randomly claim nft game is similiar to wow or fortnite gift card. don't be a fool.
well, good luck with the grift. nfts are a scam. the token is useless garbage. its a sign on a wall that says “so and so owns this sign pointing to this image ^” that doesn’t prevent anyone from taking the image away leaving the token pointing to nothing, and doesn’t prevent the copyright holder from copying the image, putting the copy up on another wall and selling another sign. i’d be surprised if you couldn’t make two nfts for the same image at the same location. they are useless, as in they have no use. the best you could say is they are a bookmark on the blockchain.
well, good luck with the grift. nfts are a scam. the token is useless garbage. its a metaphorical sign on a wall that says “so and so owns this sign pointing to this image ^” that doesn’t prevent anyone from taking the image away leaving the token pointing to nothing, and doesn’t prevent the copyright holder from copying the image, putting the copy up on another wall and selling another sign. i’d be surprised if you couldn’t make two nfts for the same image at the same location. they are useless, as in they have no use. the best you could say is they are a bookmark on the blockchain. why anyone would buy that is beyond me.
of course you wouldn't call your clients morons. they are, but you would not say it. there's no actual utility to owning these certificates either. great that they can appreciate for not. the atl end soon enough though and then they will have some heavy bags
lol funny how people who feel temptation to do something wrong justify it by how easy it is. if your point if it’s easy to steal and it’s been easy so now it’s easier, why are you worried about it if it doesn’t stop you from profiting from it that’s my question smh.
if it was a beneficial to consumers, there’s hardly any use case.
i can claim that, and i am. gamers do not care about the technology of the in-game items, they care about their in-game items. this is why top gaming developers are adopting this new tech.
it’s ok to think that about some, but since i’m not one to grift anyone, it’s not ok to assume everyone is wasting their money by buying something you don’t see value in, that doesn’t make any sense for any other product to you but nfts. since you’re not buying any, make sure you carry that philosophy to other items that are overvalued that you do purchase and you’ll make it far in life but i’m sure you know that.
well, my suggestion is since you’re able to predict this get in and out. no need too miss out trashing those who believe in it until they don’t. just don’t assume everyone out here is getting taking advantage of because some believe in it. either capitalism sucks or it’s the foundation of our society in america or both. it’s not like it’s snake oil though.
the point is this whole bubble is gonna pipe when more people realize half the shit for sale is illegitimate. you'll have no we at of knowing you're buying something real or not.
that's a seriously dumb take. do you think people install security systems because they themselves are thieves?
lol the irony. yes you're gamer, but you're not "top gaming developer" you cannot claim you know their true intention.
you cannot predict this, is the point. who knows when this will drop. people pay you for this advice? holy shit. "just cash in your chips *before you lose the bet*, easy." just because you believe win something does not mean that you're not being taken advantage of. i'm sure madoff's clients felt the same way until the floor fell out
i get what you’re saying but people buy products for more money with less functionality than a jpeg. it’s not what you have it’s what you do with it.
no. i think people who install security systems on their property own the property. i think they can sell a photo of their property if they’d like. i mean anyone can just drive by and take a snapshot of the property and sell it. but you can’t truly own the property or what’s in it. having the ability to sell a representation of your property doesn’t stop people from illegally copying it but it does give you the right to enforce your right to determine who copies it retroactively. people take pictures all the time from other people on the internet. fair use. you can get away with selling it even. anyone that thinks it can’t be enforced upon if they make money from it shouldn’t steal pics. or they can just take that chance and do it. doesn’t change the value of nfts right now. efforts to devalue nfts based off of what you get seem solely based on perception on what is art and who’s profiting from it anyway, so there’s that.
this is ridiculous. people paying for a jpeg? ridiculous. in fact they’re morons. in fact no one should pay for them at any cost. jpegs aren’t worth anything. you can just download them from the internet. the people making the jpegs are morons too. if they didn’t want to have people steal them they’d figure out a way to secure them so no one will steal them. some way to certify that it’s their original artwork. that way if someone buys their art they’d know it’s official. the current copyright doesn’t work. there needs to be some layer of protection. i wish someone would invent a system that would help artists to make loads of money off their work so those who just steal it look like morons…
my point was, just because someone recognizes the potential to do wrong, does not make them guilty of anything. you should learn how to use paragraphs. your comments are really hard to follow.
>some way to certify that it’s their original artwork. there is not even a check to make sure there is not already an identical nft on the chain, let alone that you item the rights to make the thing in the first place. this tech does not solve any of these issues, it is just briefly opened another window for fraudsters to make a buck
i don’t know why you focused on jpegs, or really what your argument is. jpeg images aren’t necessarily low quality, and the quality only degrades if you edit the image and save it again. if you have a link to the image that is covered by an nft then you can perfectly copy that image. if you make the slightest change to the image, or if the hash includes the file name (which would be hilarious) then you can just change the name of the image and the nft’s hash doesn’t match anymore.
not concerned about context bro at the end of the day scared money don’t make money. diagram that sentence.
it’s not wrong to grab screenshots of nfts if you like then you do know you’re covered for that right it’s not a crime to download a jpg bro so no worries right it’s not like you’re f*cking someone’s wife or anything smh buy an nft live a little
the short of it: * shelby said he is not objecting yet but wanted to add a military funding amendment(?) * sanders objected to / * shelby is holding firm * none of this has anything to do with crypto but it is holding up the crypto stuff
***transcript:*** "i want to explain briefly what just happened here. because there is a difference in opinion on whether or not the senator from alabama should get a vote on his amendment, because that is not agreed to...the body is refusing to take up an amendment that has broad bi-partisan support - that we all know fixes something that badly needs to be fixed. this is not like a "whim" of the senator from pennsylvania. there's like nobody who thisputes that there is a problem here. you wanna know the specifics of the problem? here's, according to the underlying bill, this is what's gonna pass. this is what's gonna get sent probably ultimately to the president's desk: it's a reporting requirement. a transaction reporting requirement, including name, taxpayer id number, dollar amount, date. it's imposed on any person who, for consideration, is responsible for regularly providing any service effectuating transfers of digital assets on behalf of another person. well, look. i'm not even a lawyer, but i can read. sounds to me like any service effectuating transfers...that would include validators. i do not know how that does not include miners. stakers. probably includes hardware and software wallets. software developers all across any kind of platform. we're gonna ask these people to provide information that they do not have and they cannot get. in what universe does that make any sense at all? all i wanna do is have a vote on an amendment that fixes this, in a way that has bi-partisan agreement. in a way that constrains this to apply narrowly to the people who actually are the intermediaries running a centralized exchange, who have this information. but apparently we're not gonna be able to do that so, um, we'll be back on this. because we're gonna do a lot of damage. who knows how much innovation we're gonna stifle. who knows exactly how this - what kind of new apps that never emerge. you know, it is hard to predict what some kind of completely impossible mandate results in. but it is not good. and it is gonna bring us back here having to try and clean up a mess, which we could have prevented. i yield."
the fact that words like staking and mining are now common parlance on the senate floor is kind of exciting. even if most politicians still don’t understand crypto
credit to this guy, he looks like he actually spent the time and effort to educate himself enough on understanding the ramifications of this bill. i know that all senators and politicians absolutely should but many do not and new technology is hard when you get older. i do not know if i agree with this guy's politics at all, but at least he is clearly trying to do what he thinks is right in this situation.
give this man a medal
need to make sure the lummis-toomey-portman amendment is part of any house legislation or completely struck from the house bill. bring this right back to the senate. the fact that an 87 year old that is going to retire has any say in an emerging technology like blockchain is mind-blowing.
i genuinely do not understand why that amendment was added to this crucially important bill. this is not a partisan thing all. idiots from both parties decided this made sense. glad to see toomey calling it out though but jesus fucking christ, we need that infrastructure bill. crypto requires a whole separate bill anyway. like this seems like an intentional attempt to kill infrastructure bill, but why? everyone wants that bill for the most part. just baffled.
"however, the compromise comes after the senate conducted a number of procedural votes late sunday to advance the bill’s original text. unless the senate can achieve unanimous consent on the compromise before a final vote by tuesday, the legislative body will send the original provision to the house of representatives." 🤞
what a bunch of fucking 🤡🤡🤡 we got in office. it’s a damn shame. well summarized by senator toomey, kudos to him.
tldr? i cannot watch the video rn but this is important was the ammendment killed? what is the status of this?
i cannot imaging a worse job than high-profile politician. most people think you're terrible at your job and should be fired, and when you do try to do anything relevant it gets watered down or removed.
now this man understands.
"publicly call your colleague an asshole without calling them an asshole." toomey: "hold my beer"
i'm not sure they understand the damage to themselves. even this guy who has a clue does not see the scope of what's to come. politicians still think we're asking permission. this kind of things leads to a modern version of a tea dump.
literally software developers will be required to show a 1099 on assets they do not even control. how does that even work? it's beyond silly and just shows how little the ppl that write these bills really know. it's kind of like having a room full of maxine waters'.
“i can read” 😂
dumb fucks are dumb, fixed the headline. and thank you senator toomey for actually reading some literature about the thing you are trying to regulate
"who knows how much innovation we are going to stifle" oof
no one will follow the law in the current form. good luck enforcing it, you schmucks.
can the amendment still pass tomorrow or only the un-amended bill will be voted on tomorrow?
someone that knows what’s there talking about. about time.
shout out to this dude and anyone like this dude that are in politics to actually make real changes and actually trying to make societies better.
damn! i’m going to give him a donation!
yes. there is a serious problem here. my man got it right.
sen. toomey for president.
this guy fucking legislates. i hope he wants reelection.
im actually quite suprised that there is a person in there that knows their shit and is spaking sense
we can just not compile they cannot get all of us. also they do not even know who we are.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [api]("last usage")application programming interface [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [ico]("last usage")initial coin offering [irs]("last usage")(us) internal revenue service [xmr]("last usage")[coin] monero ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(6 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 3 acronyms.) ^([thread for this sub, first seen 10th aug 2021, 01:26]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
portman really stuck it in us deep this time. what a deep state, big bank lackey of a bastard.
politicking is probably my most unfavorite thing in the world but damn is it necessary right now
good luck usa. i am in australia. i am bound by australian tax office (irs equivalent) rulings, which treat crypto here as an asset class that is subject to capital gain (taxed) or capital loss (tax deductible offset). when i lived overseas in a non income taxing country, i freely mined bitcoin, and held my wallets securely in a different offshore data haven (gotta love vpn). i expect mining . i expect this may cause some volatility in the short term until the folk involved work out how they want to proceed. i am long (very long) on eth.
ugh god damn, i’m so fucking annoyed right now that something made me actually have respect for this political slimebag.
our congress is about as effective as a twitch chat.
crypto people need to stop being shy about supporting republicans. based on this statement alone, he sounds more fit to be president than almost every presidential candidate that has run for their party's candidacy over the last decade. lummins (r) , cruz (r) and wyden (d) have also been great on this.
does anyone else feel like this sounds like kermit the frog?
this sounds like we’re losing the battle :/
i guess today is the 'cold day in hell' i referred to last year when these gop idiots shot their mouths off. he manages to make a correct and succinct argument.
don’t worry about it folks save your money, a juicy dip will be incoming once the infrastructure bill passes and all the paper hands panic. after the panic they will realise oh shit this ain’t so bad and start buying back. either way it’s all good. 💎👐🦍💪
um, so are we selling or holding?
this guy and the woman lummis are the real great ones explaining what’s crucial and matters!
such a shame he is retiring next year
at least one person there actually understands the bill.
can someone explain why having to provide names is a problem?
can someone explain what happened? did the bill pass or not?
i'm not buying that the language actually includes miners, stakers, wallets, etc. but the fact that they are fighting like it does is bullish as fuck.
well. all i will say is, if i have to drop android and apple and microsoft for linux for this to access my assets, so be it.
glad that he made this specific to centralized exchanges dexes will be crushed under this law
good lord a political guy who makes sense. what is happening? did we switch timeliness? hello? ...
can anyone explain for my simple brain? so the bill is on hold now or postponed?
the us senate is broken
when does this law go into effect? also as a dev of an upcoming ios eth wallet w countless man hours into it does this completely screw me or not effect me?
politicians make hollywood look like rookies
there's been many reasons to be ashamed of being an american lately and it just keeps getting worse. thankful for the guys in my gov't who seem like they give a fuck and trying to fix this garbage. and i'm, for the first time, proud of my senator, ted cruz, for his attempts at removing all language regarding crypto from this bill. it does not undo the other nonsense he is done but at least its a step in a positive direction.
the government be like “let’s vote to spy on them”
usa government filled with 90 year old cunta
he is good here
america is not crypto…… those same idiots who represent the people just fucked them …… again. the rest of the world will benefit. china and india are already against but still it rises…...
very unrelated but my toddler has a new baby sloth toy and wanted me to name him and i saw your username and i said we shall call him diarpi
as an non american this is confusing af to me
i do not know but the senate looks like a kindergarten to me.
the people would not follow this stupid law. this might come down to a "make me" situation. so if i use a ledger to hold my own coins, how in the hell are wallet developers going to enforce this? what's going to happen to swap services? this whole thing is damn stupid.
sent to the fraudulent president’s desk…
so as a canadian, let me get this straight: they’re making mining illegal through some crazy american government shit. some new law says crypto payment processors need to collect the social security number of their customers, seems normal, but the definition of payment processor seems to include miners! so some republicans added an amendment to clarify that it wouldn’t apply to miners, but pelosi was like fuck that, for no reason?
yeah it’s wild. i wasn’t expecting military spending to halt legislation on crypto currency
and of course, this is an infrastructure bill that rightly should not have had any crypto language in it to begin with! from start to finish a case study on the utter failure of our system.
more military spending? you’ve gotta be kidding me can our politicians think of anything other than more military spending?
is what happens when you treat pretty important crypto regulation as just a "throw on" to a much larger bill. these proposed regulations are just too important to be treated this way.
wouldn't surprise me either if this was coordinated to stop the infrastructure bill from going through while making the toomey and cruz look like heroes to crypto peeps and villainizing sander's objection to the amendment even if it was because of the military spending. edit: just wanted to add too that cruz made a point to single out sanders for the objection of the wyden amendment and said nothing about shelby's addition of military spending.
of course over wasteful military spending...
do you know who is the idiot that put the language in the bill to start with? frankly, the irritation should be aimed at them. really wish the absurdly written bills had some rule like 3 strikes and you cannot sponsor . obviously not that simple, but there has to be a better way.
actually seems to understand the problem fairly well.
as someone who cannot listen to a video right now, you are the hero i need. have a digital token for your efforts. not a valueable one, a shitty centralised reddit one but a token of my appreciation nonetheless.
it was nice of him to explain it in layman's term. he knew lots of crypto people were watching it. good for him.
stifling innovation is a bad idea in general. proof of stake has so many benefits, especially to the environment.
kind of sad that one of the few redeemable gop senators (voted to convict trump for 1) who is also one of the only senators who actually seems to know how crypto works is retiring in 22. dems need his seat to get a bigger control of the senate, and going forward with this shit cryptocurrency amendment is a surefire way to lose that seat. edit: not advocating for one side or the other i know that the dems are as corrupt as the gop just pointing out this is bad politics for the democrats
what the fuck? understanding what's going on and actually thinking about it sensibly? coming out of the senate? completely unexpected
oh yes, i was thinking that too. the last bull run was not even close to this level of institutional spotlight; all of these words now exist in the library of congress for time immemorial, which is kind of neat. but i see it as the beginning of something much bigger for crypto. this whole process has made it very clear that, like you said, the majority of elected officials do not have a fluent understanding of crypto technology. the next decade should be fascinating
bwaha, your not kidding. am sure most of the older senator's eyes rolled into the back of their heads, which in itself, is a huge issue. but yes, at the very least, crypto awareness is happening.
my stepfather keeps asking me if i can show him a bitcoin and where in the house i'm keeping the bitcoin. it's mindblowing any senator understands anything about crypto. even the engineer boomers i know gave up on understanding it.
> check this video out whenever you get around to being able to watch with audio. both senators toomey and lumis have a great comprehension of certain aspects of crypto currency, and did a great job trying to explain it to people who otherwise have zero understanding
nice how he educated himself about it before talking nonsense crap without having any knowledge *looks at liz warren*
republicans are on point lately with the anti-authoritarian. suppose it’s because the other parties in office. but still, go reps!
for real. good to see some sensibility in the govt
yeah, seriously. he looks like he actually spent the time and effort to educate himself enough on understanding the ramifications of this bill. i know that all senators and politicians absolutely should but many do not and new technology is hard when you get older. i do not know if i agree with this guy's politics at all, but at least he is clearly trying to do what he thinks is right in this situation.
his testimony alongside lumis was very well done
this guy is helping save my bank account
and yet half the people on here gonna go back and keep voting for democrats…. people are clowns
it’s like old people getting their license taking away because they’re no longer capable of driving. senators should be treated the same. understand the shit you’re voting on or gtfo of office.
welcome to america. it's only going to get worse
he made note in his testimony that they have not even had a single hearing on this topic. this is not the last rodeo - not by a long shot
it is supposed to be a paid by for provision. increases tax revenue by increasing crypto gains reporting compliance.
because crypto was associated with ransomware & terrorism.
vote tomorrow. still time
he gave a good statement earlier too
bill needed unanimous consent. richard selby (r-al) was the lone objection because he wanted money for defense contractors in alabama. now this goes to the house. either the language needs to get added to the house bill or get struck down completely.
i transcribed the whole video in the comments edit: link
same cant use volume where im at.
no a senator objected to the amendment 😕
yeah, being a politician in america kinda sucks.
thanks for linking this
i think this is the very beginning of a transformative time within the cryptocurrency industry. as others have mentioned terms like “miner” and “staker” are now vocabulary terms on the floor of the us senate and are powerful enough to halt the passage of an enormous trillion dollar federal spending bill that will change the united states in a number of ways
yeah imagine bill gates releasing windows 95 and having to send a 1099 for everyone who uses it
the reporting rules will be written by agencies probably including the irs. no reason the irs can’t simply implement an api to make reporting this fast and transparent (especially if the irs gets funded). but it would essentially be the same data as on a 1099.
shoutout to senator lummis too, her speeches today were very good
sucks to think about if it got to that point
i believe it goes now to the house. we’re still in it
he’s actually retiring in 2022
dude same. i thought i was done hearing political stuff for a while after last year, but i have been following this story non-stop since the weekend
we also have similar capital gains taxes here, not unlike trading stocks. however the reporting requirements here go beyond that. mining freely or not is a capital gains question at first, but what happens when you, as a miner, are tasked to report on every transaction you helped “facilitate” (in crypto terms: validate). it’s quite virtually impossible and creates a huge mess for everyone where you are now on the hook for violating federal law. i agree we might see some creative adaptations in staking and other things until the whirlwind settles down, but i, like you, am also long (ultra long) eth. cheers mate
we aren’t going anywhere 🦾🦾🦾
but we have *not* lost the war
gonna buy if dip, gonna buy if rip
yeah, he is someone who i think is generally very good for the crypto space
lummis does too. they both gave other, very good statements earlier today
as it stands now this obligation to provide the detailed personal tax information of individuals is something that will apply to not only the exchanges but also any person who facilitates the trade of a cryptocurrency. therefore this potentially includes every hardware developer who makes wallets like a ledger and trezor, as well as stake pool operators minors and other validators who help to confirm and secure all crypto currency transactions. virtually all of these individuals and groups do not have access to personal information of their customers, partners and other crypto users. therefore by default it puts the majority of the industry in violation of tax reporting regulations of the united states irs
not yet. they proposed an amendment to fix all the problems mentioned in this video. it was denied because another person wanted to add military spending to it. that was opposed so the whole proposed amendment failed in the senate. now it goes to the house of representatives for further debate and maybe (!) a chance to fix it, again, before it goes to the presidents desk. if it goes all the way without changing and becomes law, then we have a bigger battle to fight
yeah the fallout for defi is a potential bloodbath
wild times indeed. i still do not trust politicians
keep doing what you're doing. it wouldn't go into effect until 2023. we have time, but also need to do everything we can to stop it as early as possible. people like you are what we *need* in the space
it’s a wild time for sure. never thought i’d side with that dude either. for me, how strongly opposed the crypto community has been to this is nothing to be ashamed of. ever.
haha that is amazing!
pelosi not involved yet, but will be when it moves to the house tomorrow. as for “illegal” - no. it puts a tax burden on anyone who participates in crypto though, from miners to stakers, to wallet makers and liquidity backers. in short, none of these have personal tax information of anyone, and are now asked to supply it for everyone who uses their platform. it’s not possible, and puts more or less the entire industry into default violation of the irs
not quite: * the original definition in the bill was super broad and could cover miners, staking validators, software developers, hardware wallet manufactures, etc. as brokers. * amendments were drafted to add clarity that the super obvious things (like above) are excluded. * the amendments sponsors were bi-partisan (both republicans and democrats) * chuck schumer (d), not pelosi, prevented a vote on the amendments last night. this prompted the ability to ask for unanimous approval as a workaround * during the hearing for unanimous hearing today, a last-term senator from alabama (shelby (r)) objected unless his . * then bernie sanders (i ) objected to the
that’s what these politicians do. i’ll give you this, if you allow me to tack on this.
i didn’t expect crypto regulations in an infrastructure bill yet here we are i guess.
sweaty you live in america. every single bill has some sort of military spending attached to it.
crypto officially equally as important as military in usa. congrats fellas.
yeah it’s wild. i wasn’t expecting the people who hold and own crypto to just sit here and not riot about these old farts who know absolutely nothing about crypto try and take full control in trying to charge us and expose our names and data within every transaction...
have you not paid attention to politics? all that pigs do is pork, pork, pork, earmark, earmark, add, add, add, tax, tax, tax.
the crypto language has to do with raising revenue to pay for infrastructure. however, its carelessly written.
i mean, they are are trying to pull funding from crypto taxes so i see where it comes in to play, but it badly exposes how inept they are in talking about crypto so much so that they cant even properly thiscuss how to tax it. and it is not any one persons fault, crypto is complicated, there should have been committees created months.
i really hope people within the crypto community are smart enough to see what's going on here.
ted cruz being misleading? i cannot believe it lol
in light of china its not all that wasteful tbh
both he and lummis have been exceptional today with their statements edit: here is the link
im surprised a senator can seem like a sensible guy for once. but as he said it wont be the end of it. the issue will have to be addressed maybe in its own bill
he’s probably a validator and a miner. 😂
the united states is a free market society. throttling innovation masquerading as consumer protections and regulations is the goddam problem. we should not need to invest in something that is fdic insured. instead, we should be allowed to invest in something because we did our due diligence, and we believe in the something. we are a goddam free market society. stop it with the fake handholding you nervous, entitled blue blooded, old guard sonsabitches.
one of his congressional aides understands the problem fairly well ;)
a surprise to be sure.
except that there is the big problem in this quote: "the intermediaries running a centralized exchange" it does not include defi, then. but the thing is: that is what they wanted to include. cefi already is forced to do what is asked by the bill, it would be stupid to write a law twice. it's already written for cefi, to the point they already enforced it onto cefi platforms. as such, this quote is particularly weird. what are they trying to do? no defi can have this data. all they have is wallets. and even then, they do not *have* it any more than anyone else, including these politicians, since it is public data. it's the very notion of defi. it's decentralized. personally, i will wait and see. i'm done listening to people claiming one thing and the other. they will choose whatever they want and the market will respond appropriately.
i’m really glad this benefitted someone. in some other subreddits they have members who transcribe video for anyone who is unable, physically or practically, to meaningfully watch digital content like this. and all tipping tokens are awesome, so thank you. really one of my favorite aspects of crypto and think the tipping economy has loads of untapped potential
don't forget to report that on your taxes.
trump and who has senate majority is kinda irrelevant to the crypto bill. stupidity is not limited to either side.
did really just call the capitol protests
policy always lags behind technology. courts and lawmakers are still figuring out how to deal with the internet so i expect this is just the beginning of a long debate
maybe he is just mocking you, lol
i'm 40 and have been a software dev for 20 years, i barely understand crypto. these boomer senators have no chance
listen i've been pat toomey's constituent for a long time. this is one of the few times i've agreed with him
if your primary reason for saying this is because of crypto, then that’s as single minded of an issue as any other. toomey may have the ball on this, but that’s it. real money if he wasn’t on his way out, he wouldn’t be saying any of this. that’s a republican guarantee.
this is a bipartisan bill, mate.
these fucking boomers aren’t going to go down without a fight. across the board. the president’s brain is leaking out of his ears. nancy pelosi is losing her mind as well and is worth hundreds of millions of $’s from insider trading. trump is a fat old boomer who entered politics purely out of spite. the average age of a is senator is 63 yr old. just go be fucking rich. why do you have to continue destroying this country?
i know. they have not done a lick of the work needed to craft thoughtful legislation regarding crypto. we all know it needs some regulation but it cannot be rushed or it will fuck over a lot of people which will have tangible negative economic consequences. can we please just try being pragmatic for like 10 years? just give me 10 years of pragmatism. i know i would not get my ideal outcomes a lot of the time but please, pragmatism
tax billionaires. no reason anything crypto should be in this bill.
so is any form of money. that isnt a valid argument.
sucks so bad that this is how the political process works
and this happens... tomorrow?
i transcribed the whole thing here
wow, i'm so close to all this that i did not even consider how much weight we have already and this is barely getting started. truly amazing.
i'll take your word for it and watch later, congress seems like every other large org with the 25% rule. 25 do their jobs 25 dont do shit 25 are managers and make shit worse 25 are good and pick up the slack for the rest
for clarification, it goes to the (white?) house and they have to approve the bill? can the house add (or make) amendments or can they only decide whether to approve the bill as it’s passed? sorry, not american! thanks!
i didn’t mean derogation. apologies. simply, please don’t screw it up.
hodling the fucking line sir!
that’s the ultimate goal and it seems like basically all industry and virtually senators are on board with this. and it’s fair. good chance we get some fixing language in a bill later in congress or next congress.
i figured it was something like this, but my bigger question is why does that matter?
let's hope it get's fixed before it get's to the old mans desk.
sweet thanks for the reply
yep, it is true throughout the system top to bottom
yup they call it compromising. but we don’t need more military money he was making a bad faith offer he knew would be turned down
it's why these bills become so massive, rather than just a few topics
good old military industrial complex hard at work. its the american way
haha they threw it on us. best quote i've heard about it was > they surprised us with a cage and the only option was to battle from within. with zero notice and limited time the only option was to adapt the skeleton legislation presented and ensure it does the least amount of harm
*please add more military spending to this military bill* —captain america, probably
the people that inserted that language in to the bill know what they were doing. the people that got portman to introduce a competing amendment at the eleventh hour to siphon of support from the wyden-toomey amendment (which would have passed easily last friday had he not done that) knew what they were doing too. and they snuck the crypto language in to the infrastructure bill in the first place rather than having a separate bill complete with committees and open debate for a reason too. these are not stupid people. our politicians do not know squat about crypto, sure. but they do not know squat about damn near any topic they legislate on. politicians do not write the bills. they are nothing but middlemen. this language did not get inserted in to the bill because a politician spontaneously decided to put in for no reason whatsoever. someone wrote it, and someone directed that it be inserted, and that someone was not stupid or acting out of ignorance.
i was scared of that too but i'm actually really surprised and proud of the crypto community (at least the ones in the subreddits that i'm subbed to) because i'm seeing a ton of posts about shelby killing the amendment.
to be fair, cruz did try to pass his own amendment which would've removed the crypto regulations entirely from the bill and shelby killed that too and cruz forced him into a corner to admit he was killing it by tacking on the poison pill.
i guess it is time we finally support the leaders who stand for crypto despite our political views
*incoming 500-page bill that fixes this problem but creates many more*
the importance of crypto is too great to be treated as a "tack on" to a much larger bill (even if is related to infrastructure spending). the issue is that most of these politicians dont truly understand what crypto could bring in the future, or else they wouldnt be treating it as they are. deserves to be treated and argued separately due to its importance.
for sure he’s a whale in doge coin
i think a lot of the folks already are investors at this point. they’d be absolutely dumb not to, given a front row seat to the shitshow that is happening. i mean congress has the checkbook. they know what’s up.
i feel like they are more gearing at kyc because they want their cut. i doubt they actually care about protecting us. they want tax ids and names in every transaction, so they can get their percentage. bunch of ass holes senator from alabama can eat a fat one
who told you we're a free market society? they lied to you. "free" and "freedom" are marketing propaganda imbued in us since we can hear and learn. while i absolutely think we should keep fighting for more freedom and less regulations that do not help anyone, we can start with "... but we're free" cause we just are not. i agree with everything else. and why the hell do we protect investors, most people who can invest can afford to lose money, do if they do not do their dd then to bad so sad
unregulated free market is why this is not passing. there are financial institutions lobbying against innovation every step of the way. this has been true since time immemorial.
i agree with this sentiment wholeheartedly…with the exception that it is not a free market society. the market is a scam - we operate under the guise of a free market - all controlled by a powerful elite who intend to keep the lower classes in place. which is why crypto is the way.
well, it should be a free market as it used to be. it's not the case, though. but it may become one, at some point. free market is consentful interactions. i see many ways where the state thisrupts this, nowadays, notably the "accredited investor protection".
the issue are the low iq people who spend their life savings in stocks and crypto then ask how did this happen to me...those are the real threat. we need a national law that protects business from idiots who do not study what they do or cannot afford to lose anything. this way if someone does lose everything and try to sue or lobby they can be laughed at and ridiculed for being just that an idiot. we also need a law to protect fast food chains from fat people who sue them for getting fat. if i eat 5 triple baconstors per day and become 700lbs then that is my fault and lost all rights to sue.
its a control thing not a protection thing
you would be naive to think they want to protect consumers with regulations. regulations have always been there so that there is a legalized way to get a cut from any profit making business or entity. it's no different to the mafia business model. you pay protection money and they let you conduct trade within their jurisdiction.
tell everyone to stop voting left
definitely agree, just pointed out trump in reference to the failure to convict for 1. regardless of your political beliefs i hope we can all agree that terrorism and terrorist sympathizers are bad. not really a main point here as the focus of this thiscussion is on restrictive crypto policy which seems to be bipartisan.
attempted coup which it is by definition. fortunately they were far to inbred to succeed.
it was an attempted coup by right wing terrorists who were attempting to execute legislators and overturn the election in favor of their leader. i studied political science in college and this exact scenario is how the majority of democratic systems in history became overtaken by authoritarians. like literally exactly what happened on 1. imo it’s one of the most overt acts of rebellion in american history since the civil war
100% correct and best to look at this from the perspective of a ten-year horizon, at least. i know it is kind of a meme in crypto to say "we're still early!", but in cases like these it is certainly true
that's what my dad did. "you cannot touch it, it is useless, do not deal with that crap." right, because i can just walk up to the bank and ask them to touch the money that my account says is in it.
haha, no i know him well enough to know that he just has no fucking clue what crypto currency is. he was a handyman and he is like 70... it's just beyond him
i'm an electrical engineer (i'm 32) and got into bitcoin when you had to buy it for cash. i got in when it was under . i got back into crypto recently and understanding it is a full time job. like bitcoin is straightforward but there is so many cryptos and projects. if you want to invest in them you can easily spend hours a day reading about these projects. it's almost a full time job just keeping up with crypto.
because they can get even more rich
cause it is fun to be in charge
bullish on the 10-year upside of pragmacoin ^ but for real this is just getting started and the next decade will be essential for keeping crypto as open as the internet was when it developed
this 100%. although both parties cater to lobbyists and the wealthy, which party reeeeaaalllyyy doesn’t want to tax the ultra-wealthy for revenues…? that’s why this crypto amendment is here.
you can’t raise a trillion dollars in revenue once 10 years by taxing 160 people. you need broad based revenue - and that includes making sure people gaining income from crypto investments pay taxes like all others with income. crypto doesn’t waive a magic wand and make it not income. if you book income from crypto you should pay income taxes. if you have a capital gain event you should pay that tax. fair is fair. and yea we should tax the shit out of billionaires too.
not against it, just giving you the political reality the fact our representatives have escalated it to crimes against the state means they are going to take it alot more seriously.
yeah it’s very big for crypto, you have to admit
no the house of representatives, which has hundreds of members. it will get debate and people will try to fix it again there, but it’s not known how much leeway we will get. then sent to the president for signing into law
no, it goes to the house of representatives, the second (lower) house of congress. they can add their own amendments or vote on it as-is. if they add amendments and vote yes on an altered bill, that new bill goes back to the senate for a vote. it does not go to the white house until both houses of congress vote yes on the (same) bill. then the president can sign the bill or veto it. if the president vetoes the bill, that veto can be overridden with a 2. if the senate does not have the votes to override the veto, the bill dies.
haha all good friend. it’s going to be a long battle before we win the war
i think they just needed a way to pay for this tax bill and they saw crypto and thought : that’s a lot of money that we could tax - without understanding how the technology economy, and community are composed or how they function
pretty sure this will impact the price of all crypto coins, and it would not just be limited to only altcoins. once a law is in place it is rather difficult to undo it. so you're essentially killing or crippling the crypto space in one of the biggest markets in the world. the devs leaving will also impact innovation speed and the ability of the crypto market to react to changes. it only matters if you care about the price of your investment, which i'm sure most of us are.
it's impossible in most cases, an overburden in some. we already have kyc laws at cexes. basically, this is just going to push all the decent crypto companies out of the country because they cannot comply or find it overly difficult.
i do not think we should be fellating toomey and co. they talked a big game but still chose letting the dems carry this legislative albatross rather than do the right thing for the people. schumer does not allow the vote if he knows alabama man is objecting. watch again when toomey accepts alabama man amendment how surprised coons is. this was a ploy to make it look like dems were killing it as bernie was forced to object to the alabama man poison pill. dems actually thought this was gonna pass and got charlie brown footballed once again for trying to play the bipartisan game. reps got to shit on infrastructure bill, wax poetic to the crypto eyes watching to court those voters, and still were able to serve the people they always serve. just sayin do not trust any of these fuckers, they are apex con artists.
yeah, i support the military but don’t hold crypto at ransom over it.
absolutely. it’s how we get gridlocked too.
did you miss that whole arc in the mcu where he was on the run from the us because he wouldn't sign the sakovia accords?
“so your military bill doesn’t have enough spending in it”
exactly this. this is a malicious attack on crypto by some very powerful people that want to kill it.
it’s 100%shelby he made a bad faith compromise no senator should agree to more defense budget
so this shelby guy is picking a fight with people from his own party?
could agree to that
i mean you are not wrong but as long as they debate it i guess we get clarity at the end of the day. or week. or decade lol
they’ll probably add a bridge fixing project in that bill also. also gotta send a couple billion to that haiti project.
cumrocket bogholder xd ?
oooooh such a fat one. and long, too.
i think something that some administrations have worked torwards, and something that i feel the us should support, is making it so that everyone can, and is, investing. there should not be people who cannot afford to invest. that's one of the great forces that the 401k has, increasing the number of individual investors. and so if everyone is investing, then there must be regulation to support those who do not, or cannot, understand the risks.
agreed. but unless they choose military force, financial markets outside banks have existed via x value=whatever we the people will give. courthouses still exist. you can sell many things without middlemen. time immemorial applies. why "for sale by owner" has not evolved into a merc-for-hire business partner i dunno. and let us be honest, if ever we had to file an fdic claim, we're already fuqt.
you can have regulations without these regulations being coerced by a state. there are many labels that exist that already help people find services that are not malevolent, without needing a state to coerce actors into following these regulations. regulations are good, i agree. until they are becoming coercive, at which point they are not market checked by customers anymore and become hurtful. some service providers do not follow some specific regulations? just make sure people know it and let them decide for themselves. you may realize these specific regulations were more hurtful than helpful. they're responsible enough to vote, they are responsible enough to decide for themselves if they want to be patched up by this weirdo claiming to know some good medical practices. of course, frauding a label would still be fraud and, therefore, illegal by itself.
imagine if binance or coinbase gets hacked and billions get stolen? who will cover the costs? then there is also tether too, what if they get hacked?
i’m sorry but if one isn’t intelligent enough to read and study how to send crypto correctly, one shouldn’t be using it in the first place. 🤷🏼‍♀️
i agree. humans...we're protectors of self interest--but it checks out as good
sadly, you pull no punches. personally, i see crypto as a wolf of wallstreet scenario where high iq and wealth folks suffer the losses. heck, just to swap, create a pair, lp in, claim, and repeat the cycle with reward, you're easily at \~. iq is dated, anyway. ethic guides due diligence. i think it is laziness.
yes. but a simple checklist should thiscern the legitimacy of a project.
i agree. my use of "masquerading" and "fake handholding "'within the context was to convey feigned concern we put up with. your sentiment was my intention.
or in 2024, let a party(ies) exist whose nominee(s) is not anti abortion, but believes in free markets, but thinks living wages for workers trumps 15 minute flights into zero gravity. a nominee with opposing view(s) or a mashup is fine, also.
that wasn’t an attempted coup lmao, a group of protesters trespassing into a building have about a negative million percent chance of taking over the country, who you kidding?
it’s only when grandma starts yolo-ing into shib-coin that i become concerned 😂
and because their generation already controls all the money, so if they lose power someone might ~~take it from them~~ make them pay their fair share for the better of the country’t be alive to see fall apart
i'm not arguing against crypto regulation or taxes. just not in this bill. they need way more time to understand the subject as it is. rushing something in as an amendment to a crucially important bill is not the way dude.
the us dollar is backed solely by trust in the us treasury. our govt has a black budget. that is a cover excuse. the reality is they know the dollar is as faith based as any currency and it concerns them. if the dollar is thisplaced as a global currency then us loses a lot of leverage it has over the world. what they should do given their real motives here is craft regulation that stabilizes crypto industry and reduces a lot of the scummy shit while ensuring dollar remains a reference currency for crypto. a us backed crypto asset would be smart too. more aggressive form of bonds essentially
yes for sure. still, assuming it goes forward anyway. and the wallet apps are infringing. what happens? this is my question.
yeah i just dont see how that is outrageous.
100% on-point analysis. if it was not in their interest, they wouldn't argue for crypto. i believe most people have a natural state to do good in the world. but politicians are professional wrestlers dressed up in suits who make you believe that their legislative and financial decisions are done so in a way so as to make you feel better and more secure, about yourself and the place that you live
this is why we need to stop corporate lobbying. large companies should not have more influence than the people. pharmaceuticals, financial, insurance, manufacturing... none of them. and all of these guys that get all butt hurt because they weren’t able to sneak something through that the people thisagree with need to removed. if you don’t serve the people you arent doing your job. you know... the job the people voted you into.
my father is an ex marine and my good friends x3 are army i absolutely support them. honestly idk anyone who doesn’t. but that budget is bloated af and we know it’s plenty. more defense money to fix crypto language come on guy. not you senator chuckle fuck
> decade the usd will be toast by then, our only escape hatch is crypto (and it could save everything)...
sure but i think that’s their motive. there’s been a lot of talk about how much revenue the irs is missing out on due to taxes not being paid. i think that’s what this originally was after
yes, it is about making sure there is a "confidential" database, so that people can get their personal data hacked, to the point of massive identity thefts ending in massive money laundering. wait, was not it supposed to fight against money laundering? to me, it rather seems that it creates the problem it is supposed to solve.
no one would. take your responsibility and make sure to mitigate the risk. do your own research about such risk. just look at mt. gox. when there is no thing to recover, there is no thing to give back to the stolen people. it's not that complex or magic. mitigate the risk.
what if tether is just a scam?
tether just posted an updated prospectus of their funds in holding that back their token. might wanna take a look. majority are cds with like 14% being cash. just sayin.
i'm afraid right now you have to choose pro crypto or anti crypto.
the choice between living wage workers and 15 minute flights is a false dichotomy, though. when cutting the centralized middle man, it is easy for everyone to get most of the wealth they produce. just look at uniswap's dao: they produce millions of usd a year per person and it is nearly what they get from it. you do not need a state forcing people to get a high wage or be out of job. you just need an efficient management system so that people can see what they produce and be paid on it rather than on wages. daos are the future of companies.
that moment when 5 or more people do not get the joke. 🤷‍♂️ lol
so you're just going to ignore the context of the *reason* they charged into that building, which was to overturn an election by force. you're a problem.
i didn’t say they were smart. you don’t have to succeed at treason you just have to try. not only did they try but they loudly and repeatedly said into cameras and microphones that they were there to overthrow the government.
hahaha just gotta remember to tell her that she should also stake it to earn 420.69% apy on the doggie-chain, and to backup her seed phrase
haha sounds like the cbdc of việt nam đồng
agreed. this bill has been floating around for 2.5 years. it just got to the point where the gop would engage on it in the last 3 months. that is the driver of a lot of revenue provisions that are half backed. this particular one has grabbed the attention of people in this community but the larger political watching set knows this entire bill is crammed with problems like this. most bills are. the actual regulations that get written will take months or years and will work around most of the defects of the language while congress eventually works on a fix. this is not new; hhs for example has been writing regulatory fixes for the aca for a decade and then getting court challenges and reworking around those challenges etc. in general this is what the executive branch does. they fix bad laws in regulatory language. there are good questions about how far they can go to fix such language but in the end if it’s not possible and the information isn’t known to all the parties they will not be able to write regulatory language the effectuates it. all of this is to say: i agree with you, i hear you, but trust that those people who follow how policy gets made in this country know this pretty par for the course. the actual rubber meets the road in 12-18 months as the enabling regulations get written.
>a us backed crypto asset would be smart too. more aggressive form of bonds essentially i think this is why stablecoins concern them, because they are considering doing this & it is undermining their marketshare.
we try to change the language at the house level, but if it passes without change in the wording people will have to lobby against it. lawsuits, political organization, etc
if you're one of the thousands of individuals staking eth in the us you will be breaking the law. there is no way to withdraw your eth so your options are to become a criminal or shut down your validator and lose your eth.
ah, a troll then.
hey bro...do not sully wrestling's good name like that
lmfao senator chuckle fuck senator i’m bitter that i’m a boomer who missed out on today’s tech so fuck all of you millennials my gpa was army 99th infantry during ww2 and my dad was army 74th reconnaissance in vietnam. god bless our vets and our active duty!
i was in the army as well. what’s funny is if you ask anyone who’s been in the military, they will tell you that it sure doesn’t seem like we got billions a year. at least in the 173rd ibct(a) lol. idk where the money goes. we had shit equipment, even on deployments.
people have been claiming the usd will be toast since its inception stfu lol
crypto would not solve anything. it's subhumans running the govt. a government system is an empty vessel. if you put the worst people in charge no system can be successful. the anglo saxon and the american anglo got ahead through banditry and piracy. with his ill-gotten wealth he was afforded the time to sit and think. in his enlightenment he forgot that it was his barbaric ways that got him ahead and is now degenerating. he has become soft in the belly while trying to enact his social and environmental fantasies into reality.
so you're against paying taxes?
i'm sure some is... but its also about cartel money laundering and financing terrorism as well and those play more to the public. there is a whole list of things that get addressed with aml
how would you mitigate the risks lol.
it’s really not that hard in the first place tho… like, double check the address before you send? the exchanges do a great job of making this glaringly obvious. the govt doesn’t need to intercede.
agreed. no lead has crypto on their agendas and where near the weighty spot it (crypto) resides in the real world--right now. that's fine. crypto does not educate. that's not fine...or shady af.
>"whereas most technologies tend to automate workers on the periphery doing menial tasks, blockchains automate away the center. instead of putting the taxi driver out of a job, blockchain puts uber out of a job and lets the taxi drivers work with the customer directly." v.b. i am 44. i come from factories and farm work. blockchain can manage efficiently. it cannot perform the true customer-facing marketing bis that a living wage paid and deserving busser always should have been. blame bias, assumption, and "not as smart as you thought you were"-ism? v.b.'s quote saws through the bs in rather apathetic fashion. brutal as it may be when big-pictured, blockchain cannot participate in word-of-mouth, or any humanistic properties. society will only allow so much efficiency. not everyone (far from it) is an introverted loner(i am).
i can shoot a toy nerf gun at you and say i’m attempting to murder you, doesn’t make it so lol. don’t be like them, use some common sense.
i genuinely think usdc will be only stable coin that survives once us govt regulates crypto
so in otherwords basically nothing? if you dont know, its okay to say you do not know. i'm asking a clear question. as it is worded, why is this some "outrageous" thing? will people lose their money? will people lose their jobs?
thanks for the succint answer. i listened to a pod cast a month ago where some highly reputable stocks guy predicted "anyone who has money in crypto in one of these apps can kiss that money goodbye." its beginning to look like he knew what he was talking about
someone who does not agree with you is automatically a troll, eh? sound like a fucking simpleton.
my bad my bad. i should have known better! going to aew in october though 🌊🏄‍♂️🤙
absolutely! god bless them! they do some great things. i wish i had the balls to of gone through snd did my part but grateful for the big bag holders who do. that’s awesome what your dad and grandpa did. i believe our defense budget is just fine and your right he’s just an ass hole whose salty and doesn’t even know what he’s blocking
doesn’t the defense budget also include the money given to other countries for whatever purpose may it be water or food or medicine?
it's a long enough process to have some of its consequences nowadays. i keep hearing people say that their grand-parents used to buy many things (like a home, one or two car(s) and a diploma) for nearly no work and money back then, while people nowadays have to take huge debts to get even half of it. to me, you're already living it. it's just a slow process, like crabs in a cookpot.
is that you, fidel?
oh yeah, terrorist and cartels are just swimming in doe after giving up all other forms of currency and finance. stop with the "anti crypto because of boogie man" myth. the fbi themselves already said that crypto used in crime and terrorism is not an issue!
well senator chucklefuck made sure we’ll be seeing the full effect of that
how do you mitigate risk in anything? you research it, you understand it, you apportion your assets according to your risk appetite and you hedge that risk appropriately. this goes for anything in life, including investing.
if you really do not know the answer to your question, then you've asked a really good question to ask. often, people do not mitigate the risks as much as they should and do not even wonder such question. your question is a good sign to me. you've already got a really good answer from another redditor. the biggest take i'd show as an answer: do not put all your investments in one place, or even in places which have correlated chances to get your funds wrecked. that's how to mitigate. then only, look for profitability. profitability means nothing if you've built on frail foundations. notably, this is why it is a very bad idea to have all your funds in the fiat of your country, that you use as a daily basis. regardless of inflation, it is a low risk, but with high consequences when it happens.
ya. they didn’t just talk. they acted. if i come at you with a knife but fail to kill you, and then say “i was never going to actually kill him”, that doesn’t mean i just walk off scoff-free. i would still go to prison for attempted murder. these people didn’t just talk, they murdered cops, they tried to kill congresspeople, they broke into the capitol with the explicit intention of keeping the god-emperor in power even though he lost. that is the definition of a coup. you can keep going with your mental gymnastics, as i’m sure you will. rarely does anybody ever admit they are wrong when they are this wrong. what they do instead is invent constructs that prove they were right all along. i warn you, the deeper you venture into these constructs the further you will stray from reality. and then you will end up just like these dumbasses
it’s not nothing. these new laws have the potential put an entire industry in violation of the irs. stopping this now and stopping this early is the *goal*. we tried in the senate - and it failed today. next level in the game is the house. if we lose there too then it gets taken to the next level. every call to a senator matters. every tweet. every email. now it’s on to representatives. calling them more, and calling them louder - to let them know that laws like these about crypto cannot, and will not happen. if you want to wait for the law to pass to say it’s something more than “nothing”, then that’s on you, and you do you friend. but i hope today inspires people to take crypto more seriously: as a community, as a constituent group, as a technology, and as an economy. > will people lose their jobs? not directly, and not immediately. but if this passes then it’s more practical to be a crypto developer overseas. and *not* in the us. this is big because we live in the us, and want to continue to participate in the crypto community and crypto ecosystems. we lose developers eventually, and we lose future developers that haven’t even started. > will people lose their money? again, not directly. but it will be a financial hit for a lot of people, and probably the markets too, if crypto has to move *out* of the united states. remember china? losing money is also tied to the point above about jobs. so this is big news. and unfortunately might get bigger. we didn’t ask to be included in the infrastructure bill. but it happened - and here we are. now is the time to let them know how big, important, and resilient crypto truly is 🦾
get a hard wallet.
no, but if you do not see a problem with the issues raised, i do not see any other option. and you are not even thisagreeing with any informed take, just being contradictory. so yeah, you sure do look like a troll.
same! if i was half the men they were i’d be doing good! yes i completely agree, we have plenty for defense and senator chuckle fuck is just completely ignorant and doesn’t care to learn because he won’t be around long enough to find out.
i honestly don’t know the answer to that. i wouldn’t doubt it though. it makes sense. also we entirely fund so many countries militaries that i’m sure that takes a lot of money away as well.
i think the issue you describe is something else. we have been more and more productive with our time via bigger, faster, smarter tools but our compensation for these increases have not grown. when a company fires someone because of productivity, the other employees are not given their wage...
can agree with this. these days people have to work 2 jobs, take on huge debt that they may not ever be able to repay just to own a matchbox sized apartment. my father never had to struggle that hard to own a home and he lived in an independent house, not a dingy apartment. my grandfather's house was ever bigger, also an independent house and he was just an ordinary shopkeeper, not some corporate honcho earning big bucks in the tech sector. neither of them ever took a mortgage to make it possible. the process is very slow. it takes generations but the damage is already visible for people who want to see it and recognize it.
great than this is no big deal. everyone making trades, wallets, devs and miners can collect kyc info and remit it to the government.
which moron blocked the vote... im assuming tubberville? i think i saw something about alabama
my whole statement was in regards to fdic insurance. investing risk is a given.
my post was regarding fidc insurance. investing risks are normal in this space. i have funds on various exchanges, but that is more due to accessibility of some tokens and features.
point is, it’s really not that hard to use. most people are just too lazy to look into it. that’s not my problem, but theirs. if they don’t want to be a part of it because of this, that’s their choice.
pepper spray is not a knife my guy. and no cops were murdered lmfao. one cop died of natural causes. “a us police officer who died after january's capitol riot had two strokes and died from natural causes, the chief medical examiner for washington dc has ruled.” why don’t you get your facts straight before you end up the dumb ass
i'm not super familiar with dai but isnt coinbase directly involved with usdc. coinbase is probably most regulated of major crypto exchanges. if proper due diligence is done by our govt, coinbase will be consulted for sure
i mean it appears it would not be resilient enough to get out of this bill...
absolutely incorrect. i am standing firm on change. gut the system as we know it entirely. i hope this is just the beginning. and i am literally okay with losing my crypto investments if this bill will upset the status quo. its you who is not seeing clearly.
loll chuckle fuck is my favorite thiss these days. i’m hoping for mass adoption
right. idk either i think my dad told me that but no way he could actually know. lol
ok, i agree it is more complex than that. for the employee as much as for the employer, it is more or less a blind auction over a non contractual, skewed photo of a product, the skewed photo being the interview and such relevant data. as such, it is one of the worst markets we've ever made, actually. yet it is the most vital one. with any new employee, employers have no way to tell if he will be productive, but they still have to take the responsibility of hiring them and invest money and time in accepting them in the company. you do not have all this in a dao. the dao has work to do, publicly shown. you enter, you do work, you're paid for it the advertised amount. similarly, with any new employer, the employee cannot tell if he is going to blend well enough for his tastes. it can end up with big costs, not necessarily financial ones (at least at first, when other resources soak up the thisaster, generally mental and physical health), potentially even for both parties. daos do not force people to work in any specific way. they already get what they produce and never more, so they are responsible for their own work management and can mix any amount of social interactions. if there is a problem, any one can cut ties and make sure everyone can as soon as possible find a better solution. hidden production with fixed wage (notably no way to reduce the wage depending on production decreases) is another problem. but i already explained it in the previous comment, i guess. in the end, the centralized third party of a company takes a risk and a part of the production as a consequence. but the fear is always bigger than the actual cost, which results in big thiscrepancies that add up quite well with the number of employees. and since it is a blind auction, companies have a higher knowledge of market prices and can leverage this against the employee. and of course, complex statist regulations with opaque accountability clearly do not help and increase the assymetry of knowledge access. that said, for many people, there is also a hurtful culture of taking the first job you find and sticking to it, rather than comparing jobs over time. but that is not the biggest problem in my opinion, since lack of convenience is a big factor in this.
it is a big deal. providing this confidential data ensures future identity thefts and, therefore, scams and money laundering. that said, if you really have nothing to hide, why do not you provide real name, real birthday date, nationality, current place of residency and all public keys? hint: do not, ever. even with just that, many malevolent people can do much damage and earn more than a living from it.
that literally makes no sense, straw man.
nope was shelby lol close tho
fidc insurance covers for a risk you can mitigate just as much as any other risk. just do not put all your funds in one bag.
they had baseball bats too and beat him with a flag pole. if i beat you and step on you and beat you with a flag pole and you die the next day of natural causes it would still be murder. if you have no choice but to nitpick about the types of weapons used during the insurrection you should consider the possibility that you’re not on the right side of this argument. they broke into the capital while pence was confirming the vote in order to make trump president even though he lost. even if nobody dies, that is the definition of a coup. they had death lists with pence name it. you keep trying to tiptoe around legal technicalities to justify your beliefs that center around the idea that trump is the good guy. he never was. he’s the one that divided america. he’s the one that betrayed the country he swore to protect because he valued himself more than america. just like those people and yourself value trump more then america.
yes, that is correct. however dai is basically xmr of stablecoins operating on the eth blockchain.
it is resilient despite this bill, not because of it. if it passes in our favor, then we have done well. if it passes not in our favor, then we still have work to do. resilience is earned, and i would bet the house on crypto in the long term
if you really are not a troll then i do not think you have any idea what's going on here. good luck.
that’s what i’m betting on too but if certain super powers like china and the us want to cut themselves out, the world will move forward without us.
oh i'm adopting it.
for sure. also, there’s stacks of money, literally the size of busses that are in combat zones on our fobs. i’m sure all that shit isn’t on the books either. we just hand that shit out to people over there if something went wrong, i.e. accidentally kill a cow, damage property. caused a lot of issues though. people would kill their family members and bring their bodies over and say we did it. 100% of the time we just give them that money because it’s easier than arguing.
> it is a big deal. providing this confidential data ensures future identity thefts and, therefore, scams and money laundering. every single large transaction made in the financial sector already is reported to the government either through sdrs, or through various regulatory agencies. is that the source of all the scams and identity thefts? no, of course not. the information is inherently confidential. it's a financial transaction. it's private, but there is no reason it cannot be monitored to make sure eventually the party who realizes income is taxed appropriately. everyone who takes credit cards as a merchant deals with this as-is, anyone who realizes capital gains gets this reported directly to the irs. this is very similar in theory. the practice - obviously the regulation is not written yet, so we do not know in practice what it will look like but there is no reason to suggest it would not be as routine as all other tax reporting that happens. > that said, if you really have nothing to hide, why do not you provide real name, real birthday date, nationality, current place of residency and all public keys? hint: do not, ever. even with just that, many malevolent people can do much damage and earn more than a living from it. this is not that big of a deal. every employer i have, and everyone who pays me more than a small amount of money, has to report the annual amount to the irs, with my ssn. that means i have to give it to them, and they record it, and then forward it to the irs. this has been happening for 40 years. the real story here is that so many intermediaries in the crypto world are untrustworthy, and the idea of giving your personal information to them makes you nervous. that has nothing to do with the irs, and everything to do with how dodgy companies are in the crypto space. if there is a party that you trust to hold or process or validate or mine or be a counterparty to your crypto transaction, but you do not trust them with your tax payer information, then you should not be doing business with them. in the rest of the economy, we've all had to deal with this. the crypto world generates income for participants, it has things of value flow through it, and it transacts business it should follow the same rules as everyone else in the economy. fair is fair.
the fbi isn’t concerned which is good. there’s not really a practical way to finance organized crime or terrorist activity with most crypto and if it did happen it’s pretty traceable and public. it’s just a moot issue. the kyc stuff is happening one way or another. that’s the point. some minor regulation isn’t going to kill crypto.
i only knew tubberville as a bama senator and i know hes a moron so that was the best guess i had lol
i’m careful and do my research so no, i haven’t been scammed or sent crypto to a wrong address. anyone can do this same research. if you’re not careful you get taken advantage of anywhere in life, it’s just how it works. government regulations to “protect” the uneducated does not outweigh the damage regulations will do in harming crypto as a whole. but if you would stop with the mudslinging insults and tell me what exactly is so hard about copying and pasting an address? or researching a project thoroughly before blindly throwing money into it? that’s pretty basic as far as i’m concerned.
i mean i'm most bullish on eth so i'd rather just buy eth than anything else. i do use usdc as my stablecoin of choice because i use coinbase cash back debit card to get 4% xlm back on purchases. then if xlm goes up or does not go down, i swap for eth or btc, essentially getting 4% cash back in those instead of xlm.
i bet you would. but how much do you have invested in crypto overall?
i meant chuckle fuck being adopted lolllll. but yea that’s good too!
christ. thanks for your service. that sounds awful
it never ends at "minor regulation". this was just to plant the cancer that will inevitably kill crypto in the us.
guess what there is a even dumber one
okay, i understand. that makes sense.
lol why would you ask the question that people are never supposed to thisclose on the internet to strangers
i didn’t do anything really. but i appreciate that. 👍🏼
no one in the now crypto world gave a shit when when sarbanes-oxley happened, or any of the card transaction reporting rules, or any of the other financial safety reforms that happened after 2007. and now the crypto world is whining about having to pay taxes on income and taxes on gains, like the rest of the economic actors. it makes me feel like an idiot that i paid taxes on my realized gains when it appears that no one would have known had i not, and hardly anyone else is doing so. it's just so simple. pay your taxes. if you are in the chain, you have to know your customer just like every other financial services firm in the country. if you have a financial transactions flowing through your system you need to know and record the originator and the destination, and you need to know who the people are at both ends of the wire. the rest of the economy has had to absorb those costs, and crypto should not be any different. the fbi has said, like you have pointed out, that the burden is not so high and that the practical use for financing terrorism etc is not so big a deal. so just pay your fair share of taxes - the taxes that support the power, internet, and regulatory infrastructure that makes this all possible - and everyone will be happy.
i do get what you’re saying, and the gox thing is a scary reality. i just think the government is not coming at it from an angle to protect people sadly. they’re coming at from an angle to tax and keep people in another “fiat” system they once again control on some level. the point of crypto is decentralization to get away from them and their corruption and allow the users and developers to work out these problems as a community, not a dictatorship run by the irs. in the end i’d still rather work around scammers then be thrown in jail for some dumb new irs crypto violation that some dinosaur in congress invented during his recent bout of dementia.
but i actually did use some eth to buy something because this new collectible. i bought it while eth is around 3k though so i did not use too much eth to get a dope hoodie and coin lol
i definitely meant it rhetorically lol. ill take the loss for this bill. especially if in some legal loophole the gov actually uses the money for the actual infrastructure projects in this bill.
china can eat a dick...
you did more than 80+% of americans did you served however you could. that is all that matters. be it you were a cook, nurse, pilot, janitor or combat infantry you served and thats hella cool
awesome did not know that there were street wear companies accepting that, i'd say that is a good purchase imo.
take the loss? no way. maybe because you live in canada this hits different? maybe you should watch this? and just to touch base on tax reporting: do you also understand they are being asked to provide info that they *do not currently have access to, nor will* - right? just wanna be clear it’s cool to “take the loss” on defaulting virtually all of crypto in the us in violation of the irs reporting rules. for something they can’t even do if they tried. imagine bill gates sending everyone who used windows 95 a 1099 tax form. how could he? that’s where we are at. so old bill would have to stop developing windows and never make windows 98 because his business violates federal law. kill it early and it stops innovation. this isn’t a bump in the road. it’s a big deal to a lot of people, and it won’t be the last fight in washington over crypto. not by a long shot - just getting started
and ps the infrastructure bill *will* pass. 100% - the problem here is what about crypto passes with it
and elon. “but the environment!” *strip mines earth for tesla*
theyre the only one i've seen in general. dongcoin.net if you want to check it out. still a very young project but the creator is fairly available to answer questions on discord and chat in general. edit: i should add i dont own any of their coin. i'm waiting until the relaunch on ethereum to see whats good.
i know i cannot wait!
oh i know the bill will pass. i said i would love all our crypto money to go right into the infrastructure bill. i hope when it all tanks at least 50% gets used for the bill, instead of military funding.
and uses electricity produced by coal... i’ve always wondered why tesla cars don’t recharge by solar panels that are built into the top of the car then he can stand on his high horse
you should check out this podcast episode from today. it’s only 15 min and worth it
no problem. i'm waiting to see if the sticker pack theyre throwing up soon has stickers i did not get as surprise in my dong drop lol if so ill snag em. always like stickers. i appreciate they gave me some for free too. always like when companies do that stuff.
awesome, hope you enjoy. if you’re into crypto podcasts i have a playlist that has some great episodes and gets updated from time to time
crypto currency? what's that? i invest in collectible tokens on blockchain ;p
tokens come in many forms lol
[tip this post any amount of ]( (by [5:02pm utc]( to keep it visible.
crypto is being massively adopted by nigeria. good for them as traditional economy has only let them down.
if there’s anyone i’d trust with my money, it’s a government official from nigeria.
i’m not familiar with too many foreign politician beyond my own boarders, but this man sounds like a great vice president.
this the nigerian prince everyone was talking about?
biden understands crypto well enough, he just does not want to give up his financial weapons of mass destruction.
looks there is nothing wrong with biden not knowing anything about crypto...as long as he starts listening to someone who does.
nice to know this guy, i have never heard about him before.
goddamn even i do not know these with such clarity
i'm nigerian and this guy should probably be the president. the actual president is more clueless than trump.
well no shit, he is twenty years younger.
this guy knows his stuff
buhari no fit talk like this lailai
any country who takes blockchain technology seriously is going to be a major world power.
africa is the future.
sometimes i dream that our country would be small, inconspicuous and not pull a blanket over itself from all over the world. and then i understand that we have something to be proud of.
honestly crypto folks got to chill out with all of this politician praise for supporting crypto. please do your research into the people you are praising for simply say “i like crypto.” be careful which politicians you support on the basis of crypto only.
comparison point is mute. nigeria is fluent english speaking country and its no secret the country is fascinated by cryptocurrencies, of course their leadership is expected to be familiar. biden has to match the democratic party narrative as well as the private interest who funds him for his stance on bitcoin. it's not as if he can oppose senator warren's narratives when the party is supposed to try and pop her in the office after biden concludes his presidency
of course they turning into a race issue. unreal! wtf did he say anything about race?? idiots
why is it surprising a nigerian knows more about this? maybe check yourself on why you find this noteworthy?
this explains why the number of nigerian prince emails i’ve been getting has gone way down.
shocker! sleepy joe is just waiting for his next diaper change.
you say it like it’s expected for a white politician to be more knowledgeable then an african one
lmfao but cryptocurrency is banned in nigeria
insert scammer jokes here
biden is dumber than a bag of bricks. what do you expect?
why do you think joe biden is great than all other politicians? what kind of comparison is this...
in bidens defense he knows this much about most things...
why do comparison? racism!
0xab948c... [tipped]( you 1.0 donut!
very impressed with his speech. nigeria issue her cbdc already, and now us is planning to launch a digital dollar
why wouldn’t he know crypto more than biden?
he sounds like a good vice president.
but what are the prince's thoughts?
well duh all these nigerian princes use crypto now
when you prioritize education over business.
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rich countries like ours are afraid of decentralization of money, because it will collapse them. poorer , third world countries have finally a chance to succeed and reach the same status of economic wealth as first world western nations. that is what america is afraid of.
whatever... tell this guy to petition for the age of consent to be raised in his country and stop female genital mutilation, not try to explain crypto...
with all this knowledge, he is virtually powerless in this regime.
he's also not a dead mummy...
of course he does. he’s not 95.5 years old
joe biden is hypocrite
imagine a us politician being able to read a teleprompter this well.
he's also a far far better public speaker that mr biden.
maybe off topic, but i love this accent. it makes even more interesting how intelligent he is
it is still virtually.
he has good prompt reading skills
the nigerian naira is so devalued and useless crypto is the only alternative to be used in the country. unless in some crazy dynamic twist of event where all african countries use the same currency
all those spam emails now make sense, should have sent him the 5 k he asked smh my head
damn that was educational
i mean they don’t call him sleepy joe for no reason.
this man understands crypto more than joe biden understands what year it is...
why is this surprising to you ?
this guy understands crypto better than the entire office of the president + senate + house does. in the us we make 900 year old dinosaurs in charge of financial everything and we're shocked when they cant even unlock their smart phone.
this guy fucks, am i right?
this is the most eloquent shit i’ve ever heard in my life.
why would biden be interested in crypto currency?
the vice president of a country who is famous for its financial scams understands how money works? i’m shocked.
there is a reason its called nigeria-letters
everyone understands everything more than joe biden.
wow! the man knows his stuff
imagine biden being an honest straightforward leader and explains this to the people of the us.
this could work with any topic. x understands y better than president biden. example: my three year old understands where he is right now better than president biden.
beautiful understanding of crepto! let’s go
the good nigerian prince
are you implying he’s not suppose to know more because he’s from nigeria ?
my dog understands crypto more than joe biden
i have more faith in this guy than any american politician i gave heard speak in my entire life.
to me it just sounds like he is reading a text someone else wrote
dude sounds like a sage.
why they doing a side shot? looks dumb
to quote charles hoskinson "there will come a time when the african states embrace our technology and the days of mansa musa will return. at that point the rest of the world will realize they can adopt the african model or be relegated to irrelevance"
lol!!! now crypto enthusiasts are turning to nigerian princes. cool.
is he shilling xrp ?)
he would also like your help moving a large amount of gold from his country
the prince who was promised.
spitting barz for the ages
just bought xrp yesterday
joe biden doesn’t even know here he is.
god gift to poor.
good man, i am so glad that i watched this video today.
anyone have the full video link? i'd like to hear the rest of it
to be fair i think the vice president of my local philately club understands more than joe biden. he is not what i'm worried about. it's the wmf, the fda, the boe and other central banks that are going to be gunning for us all.
joe biden does not understand what planet he is on.
i could listen to this guy speak all day, his voice is so soothing
nigeria is the country where crypto has a huge market.
biden?? fuck that guy
vice president of nigeria understands everything better than joe biden.
biden passed an executive order for research of mass adoption haters
he is just being real, nice to see some positive news today.
he was a professor, commissioner of justice, a fucking senior advocate of nigeria. yes he knows about crypto more than biden
***xrp & xlm walk into the room***
so what, nigeria is a shit country! our president’s have way more shit to handle than nigeria, that is why we are the greatest country in the world
nice, now we need to see more adoption of cryptocurrency in their country.
joe biden is nothing but a puppet, so we gotta ignore him.
he reads autocue better than biden.
he the real prince
and every congressperson and leader of european countries
a lot of people understand a lot of things better than an old, senile man.
when you watch your first crypto youtube channel
while banks and other financial institutions are banned in nigeria from trading in cryptocurrencies, cryptocurrency is not illegal, but it is unregulated
such a cool dude man, i can listen to him for like whole day.
i have a huge respect for this man, he is a real good one.
good to see african leaders are embracing crypto and they know the value
what's the rank of nigeria in the adoption of cryptocurrency?
nice to see that he knows a lot about cryptocurrency.
0xf5eee4... [tipped]( you 1.0 donut!
and the topic should surprise us, because... ? because it is not possible someone from nigeria has a better knowledge, than someone from the us? 🤔 and it is also logical because biden is 400 years old.
damn this guy just won my heart, he is so good with the words.
the vp is really good at reading
he is the friend of nigerian prince of course he understands crypto well.
yet it is banned in nigeria, you can not trade using your bank account.
a two-year old probably understands crypto better then biden
that's how they do it, us government should take some notes.
nice to see that man, he is so good. i want to hear more lol.
nobody ever praised biden for being bright. i think he is probably a nice man and tells a good joke .
a 5 year old understand anything more than biden
this is how you say things about cryptocurrency market.
send him 1 eth and he will send 2 back
amazing speech, so we'll thought out.
cryptocurrency is pie in the sky and yall have been chasing your own tails for 10 years now. its over. find a new show. fiat isnt going away in favor of crypto. its just not happening. what do you think donald trumps take on cryptocurrency is? how about ron desantis? ron johnson? what about criminal mathison cawthorne? its not a party thing, nobody cares. its not a serious con(tender). yall live in such a simple delusional world, nuance be damned.
be vice president of nigeria, get access to a computer, have no knowledge of computers due to never being around them, get told to invest in digital currency, invest all of the nations wealth into it, realize too late it is a massive scam but spent all money on investing, realize that i shouldve invested nations money in gold and silver, along with other resources my nation has, now the nation is more broke than before investing in a ponzi scheme and realize that getting reelected is off the table. die unloved by my country and people.
why do you phrase it like he cannot?
until the us stops voting in these damn boomers, we will never move forward.
my 3 chihuahuas understand crypto better than biden.
>nd the potential of crypto it will be adopted by every nation sooner or later, or we'll simply use a vpn...
this is a clear example that you do not need to be part of a super developed country to understand the potential of cryptocurrencies and the benefit it can bring to a country
hope the crypto will make them up
well they do ask for walmart gift cards, itunes cards, and recently bitcoin for fixing your computer " wink wink " so the are well vers in economy of the future.
not true, they are making it impossible to buy crypto with your bank cards. i know this because i am nigerian
yeah man, i hope they will adopt more and become more wealthy.
you joke but countries like this are the ones that can benefit the most from crypto currency.
he'll be replying to you to trust nobody except your own financial decisions...
haha, that is a trustable person
between this and the post the other day from the guy that said “houses are liabilities that poor people buy”, i’m starting to get the feeling that this is becoming a satire sub.
he needs your bitcoin to unlock his savings account and will replay you x10 once he does.
my man you are well culture individual
he’s talking crypto not asking you for your money. idiot
yea when it comes to economics, nothing is more comforting than being on nigeria’s side. crypto is definitely not first and foremost a speculative investment vehicle.
so i should not send 1eth to that prince?
a nice man from there is currently doubling my crypto for me. should be back with any day now!
if you know anything about nigerian gov't, you will not trust crypto, dollar, naira or anything they say for media attn. it's a governing body that robs from the poor, and self-enrich themselves.
is nigerian government so good that you can trust them with your saving?
unfortunately, he is not. more like a figure head professor
who knows what the truth might be
but we should know their ground reality as well of nigeria as well
> there’s no h probably he is going to change his nations for good and be an ideal for other african countries...
he was able to finally restore himself to power
we need to give him 1 eth for him to give us back 2 eth, right?
omg finally a face, we've been emailing for decades!
for crypto investors he is really a prince, because he is visionary
he called me not too long ago
nah, real nigerian princes would privately contact you directly. not a public figure.
no centralised person will
why would any government give up absolute control over currency? that is what gives them power in the first place.
>to someone who yeah true that can be problem in some way i guess
did everyone in this thread miss his executive order? it’s quite clear he knows quite a bit about crypto. it’s an incredibly balanced approach.
i mean the problem is that the usd is an infinity pump shitcoin but its’ required use for global settlement is the reason for the us’s power, so if he does start to understand it, i don’t think he will allow the usd to go quietly into the night
i have a higher standard of mental fortitude for the "leader of the free world"
yeah he is old man, he may not understand crypto, but officials should know
>amn i guess you should know that now
he must be having some good knowledge about block chain as well
>n trump sorry for you mate but at least there is hope maybe he will be the next
wiki shows him as "acting president" since like 2016 iirc. why is that? i tried looking it up but could not find any good sources.
look's like he has good image in nigeria, which shows the stability in region
yes and it is better for us because we are the ultimate winners
no be lie oh
>lockchain technology seriously is going to be a major i wish that too and i want to be a part of these countries in the future...
then the server farms are going to cook us like a toaster oven.
this does feel like a back handed compliment.
love to see that
a lot of mining pms takes place down there
lol!!! your comment is mute. america is a fluent english speaking country and it’s not secret the country is fascinated by crypto currencies. of course our leadership is expected to be completely ignorant and then use the excuse that they are just a pawn with 0 power to change things.
don't see warren as the next potus.
pretty sure it has nothing to do with him being nigerian specifically but just a well spoken world leader. compared to us leaders who cannot put a single coherent sentence together let alone effectively communicate about blockchain technologies.
will you people ever grow up? the chilthish nicknames are exhausting.
look for his other presentations. he is well thought individual. extremely articulate and a professor to crown it all.
no one ever mentioned race... only you, because you're so anti racist that end up becoming ironically racist.
skin color or not it is embarrassing for a 3rd world country leader to sound more educated and eloquent than a 1st world leader.
not at all. stop projecting your own racist beliefs into other peoples information.
well, i have not noticed his skin color. only his sagacity over this subject... and he is surprisingly well informed in comparison to many leaders from the west. can we stop just talking about skin color for a while? i mean seriously, we are human, that is all matter.
crypto currency is not “banned”. yes, you “can’t” transact with banks, but the exchange of crypto is not illegal. crypto can literally not be banned, it is a p2p system without the need of government permission
this has nothing to do with racism.
yeah and he is communicating good as well, looks good candidate
thief to send you a message about florida. if you really are concerned about the value and rates use your va 0 down is the economy tankesyou arnt out muchfyi
we need this kind of prince in our life for sure man!
crypto adoption is inevitable . keep your opinion to your self.
right! it's insane that over 10 years, crypto cannot even replace a financial system which has been in place for thousands of years. i'm mean sure, bitcoin is being more widely adopted, having more retail holders every year, major business such as tesla & microstragies are adding it to their ledger and even countries are beginning to adopt it... the cryptocurrency community is growing rapidly in software engineers... but besides all this! what else has crypto accomplished in 10 years? amirite?
what is “moving forward” to you?
haha, we're already using
it will be adopted and we are waiting for that freaking day.
yeah, check out for the country with the most holders and you'll be amazed...
true that, cryptocurrency is for every country with equal amount.
they have senses. many of those countries have the banking system really screwed up and are desperately looking for alternatives fortunately for them cryptos can help
>nes that can benefit the most from cr we have a lot more examples can this still the western countries are not appreciating this financial revolution
they can boost their economy from crypto
they understand and support cryptocurrencies like hell.
he is so unbiased and so pure, i just fell in love with that.
that's just a little joke there, we gotta take these with ease.
oh, that is a great scheme
y’all don’t get tired of cracking this same joke over and over? lmao
so it means, nigerian government is holding our assets with full guarantee
he's a man of culture
you got it right
>not asking you for your mo yeah, he is just focusing on regulations and people who are abusing this beautiful technology...
well that was just a joke, why are you being so salty bro?
they have a lot of geniuses in their country, that is what i like about them.
>not familiar with too many foreign politic now that is really sad to hear
what does that mean
what work he has done and how is his image in nigeria?
that's what people miss
it’s not a bad thing to know, but i’m not sure how practical honestly. i’m not opposed to knowing but not exactly sure what for
i hope so, he sounds like an intelligent and visionary guy.
he's back in the game
he will be the king of nigeria in coming days i guess lol.
yes, that is good scheme, people might invest in it
that's right, we should try that shit now, he will give us back.
who say’s there’s no happy endings nowadays.
we finally got what we all wanted, we need to get 1 for 2 eth.
yes of course not
>his executive order? it’s quite clear he knows quite a bit about crypto. it’s an i i believe he can take class on financial literacy
all the usd coins are worst, they are just like cbdcs to us in crypto
you’d prefer the last guy who had trouble spelling two syllable words?
current president is sick so we is now acting without any power of a president
i do not know why wiki says that but i can confirm it is not true.
because wikipedia is foolish. he assumes position of acting president once in a while, when our stupid president is in london for medical check up.
mainly due to cheap electricity.
meh, i'd argue the average american is not fascinated by crypto. i'm american and i know plenty of people that think it is a scam.
yeah simple as that
ok but the title of the post contradicts you.
who is “you people”?
lol our first world leader should be in a retirement home. he can’t even speak coherently anymore.
you can not care about skin color and still find it problematic (not to mention cheems-y) to use a us politician as your benchmark for competence.
we can stop talking about it when we stop getting racially biased post titles...
>o can literally not be banned, it is a p2p system without the nee yeah i use that to access crypto and i love it cause now it more safer and untrackable
there are going to ban vpn in my home country soon :(
they are far more intelligent then those rich bank supporters.
>ur bitcoin t and many people like myself down trust their gov.
that's why they need adoption
that's why i have so much respect for these small countries.
and how exactly will crypto help? it's easy for you and other to seat comfortably behind a screen with selfish ambitions to grow your holdings. ask yourself if the individuals, children and citizen within the country of nigeria have access to the common basic needs first; then, ask yourself if they have a good education system; then, ask about the health care system. see, the list goes on, but most crypto native think everyone is competing on the same level playing field. most of these people do not have electricity for weeks and month, and if they do it is not consistent available. so do not believe the little prompt from a selfish gov't pretending to have the interest of these folks at heart.
they are just afraid of losing their so called control with the money.
yeah,need to take it as a joke
probably this is the funniest and lucky joke for upvotes lol...
i am so tired of these jokes but still people do not have any shame.
nope their just talking about regulations to come in the future
they will just hold,no guarantee though
no one can control it mate, they are just benefiting their own people.
he is a great man and we all should respect him and his country.
i’m merely stating a fact. jokes are meant to be clever and funny. this isn’t. it’s just prejudice. it’s only funny to idiots
don't be sad, it is politics
yeah i guess your right, but it’s impossible to pay attention to all. i’m not oblivious but this seems rather particular.
he is an awesome and brilliant professor that was asked to become v.p to gain political points because the president is urrmmm trump and biden mixed in one (i'm not talking about the good part). i believe he would have made an excellent president though but now he basically has no say on anything in the country so more like figure-head
the position does not allow him perform to his capabilities. who knows, he may become the next president and then hopefully nigeria may be taken serious again
this is the most beautiful happy ending we can see right now.
he could teach a class on it seeing how balanced and reasonable this order is
stable coins? they are remarkably important tools and essential for the future of crypto. if you don’t realize this then you don’t understand how financial markets work on a global scale
there are lots of scam crypto currency out there. that’s one of the problems
i do not know current state in america. i think your typical person anywhere though would assume crypto is a scam when they first here about it. it's because there are so many scams everywhere even before the space and crypto itself sounds like a perfect engine for a scam as you cannot verify yourself that a blockchain is this 100% perfectly unfailing system, who knows what kind of ponzi processing is occurring behind the scenes. in reality for the typical person bitcoin is just another word like trigonometry, theyll say they sure they know what trig is maybe they remember it in high school or saw a sniper movie with it. but once you sit someone down and give them a pen and paper with an easy trig problem they would be fucked. bc really they just know of it, not what is, what it does, or how to use it
no it doesn’t. it literally just states his title .
you say that like i don’t know this. it’s still embarrassing to be given every opportunity and not take advantage of it. nice poor assumption
americans really see themselves at the top when they literally speak 0.8 languages on avg lol
i think it is comparing to us president because us is *de facto* the current world order leader, and so potus should *de facto* be the cream of the cream of the politicians. this post is more about mockering potus and complaining about the lack of knowledge of those self-called world leader on innovative subject than belittling anyone because of his skin color. would be obama the current world-leader, and would be this post as relevant as it is, and no question related to skin color would be on the table.
cryptocurrency has the potential to uplift underdeveloped countries
nah i do not think so, we have better jokes than this one.
i hope they will be succeed in these plans in the future!
do you know why on wiki it shows this man as acting president? i tried googling it but could not find any decent info.
before i proceed, are you a nigerian?
there are scams related to everything is this world, but the crypto scams are highlighted more i guess
yes and my question was why is this noteworthy?
what about the smart ones?
attacking biden is fine, but do you not see how it is problematic to co-opt a random politician into the attack based on their being non-american? what do you think is the subtext people are supposed to read into that?
the president was sick for a while, he became acting president till the president recovered. most likely has just not been updated
because he really acted like one for a situation that time.
because it would be nice to have someone like this guy rather than a deteriorating walking corpse and a cackling idiot.
gotcha! thanks for the info!
damn this is some next level thing they have been doing.
this thread is a great reflection of how little people know about the systems in the world they are always ranting about replacing. good times.
doesn't venmo and cashapp work just as fast?
this cannot be btc. it's too fast, and the fees would be too high.
we have it here in switzerland too with twint.
no offense but whats so special? like the upi system works exactly the same way
i’ve been doing this for 4 years without eth or btc….
ever heard of contactless payments ? i do not give a crap if it is a bank or crypto, if it is on a phone it is traceable, end of story. if you believe that this is "decentralized" or "anonymous" in any way, you are in for a treat...
this method is being widely used to and china. using alipay and wechat pay. fiat of course.
it seems too fast to be bitcoin! wonder what crypto.
this uses lightning network (strike)
this is simillar in india with upi payments. within seconds...and in india every street vendor and shop have scan codes for payment
i wonder if it is settled on a faster layer provisionally, then is actually sent on the blockchain and fully confirmed within the day for example?
lmao you guys are so salty. this is probably lightning network.
this has to be fake. no one uses crypto for payments except staring at it in hopes it goes up.
ain't this the same as upi in india. we have loads of companies setting up upi in india where they provide money transfer to indian banks and the main benefit is it does not cost retailers a single penny (banks pay them for that).
awesome!!! this is how it’s done!! the people globally who have been financially under-served are being liberated! no matter who the crazed rich people are and what they say, blockchain & it’s financial representative, crypto is here to stay and will propel us, all of us, not exclusive (except knuckleheads who are acting like dinosaurs) to a more interesting, and more prosperous future.👊
my lil country trying to make history, love it
everyone has phones. this is why banks as they exist today have some solid competition.
you could do this in 2001
might be bitcoin cash? idk
except this is not bitcoin because by the time the transaction came through a new dictator would had taken over.
i'm sorry but i've been paying this way with fiat for years and with 0 fee. what's special here?
i've never seen a transaction go that fast with crypto.
if only you still had the same trust assumptions as the main chain. unfortunately, the solution el salvador is using to send btc is not decentralised.
the same methods are used in india for payments but it’s used for native currency and bank accounts, not as quick but the same method.
you dont need btc to be that fast
took longer for the reddit-player to load this video than it took to complete this transaction...
this seems realy cool thing i wonder if it will replace actual money
could do that in china some 6 years ago at least with wechat. wheres the magic.
that guy looks like matisyahu
this is my thoughts exactly on crypto currency. use it as the worlds currency.
go go go 💎🚀💎
i mean. can't venmo do that with fiat??
do i have to be shirtless for this to work?
i’m an american boomer and i’ve been using online payment apps in like, seems like forever. in fact i’m annoyed when i have work done on my house and the company wants a check and doesn’t have a card reader, doesn’t venmo, won’t even try to live in the late 20th century, let alone the 21st century! most of these people are younger than me! what’s up with that! so, not all boomers … 🤷🏻‍♂️
wait is not this common all over the world. like in india everyone pays like this using our indian currency.
i just love these eth monkeys saying that if this was btc the fees would be too high 😂😂😂
there can only be one ethereum :)
so like wechat in china?
be still my beating heart
now instead of nigerian princes asking for bank deposits we're gonna have salvadorian princes asking for your barcode
they don’t have cash app in el salvador
harmony one is pretty fast.
it should be that easy everywhere.
everything is magic internet money. also this is how you can use btc to pay for things anywhere, you do not need mandatory government btc acceptance for crypto to be used as payment. this shows nothing
so like apple pay or venmo or basically any other electronic p2p payment? am i missing something?
so what? nothing special. this is everywhere but it had hard time gaining traction in the parts of world where contactless debit card is norm and deemed much more convenient.
this thread and it is comments is embarrassing to the eth community. reddit has fallen far since the previous bull runs that is for sure.
no shirt, no service? i call bullshit
it seems like most ppl in this thread are missing a lot of contextual information here. the reason this is a big deal and "cannot just be done with visa" is that 70% of el salvadorians do not have a bank account. this is new for 70% of the country, on top of all the benefits crypto brings over banks... can't believe this has to be explained here... this is using lightning network. strike chooses which lightning nodes it connects to for various reasons, including liquidity and channel management performance. if you're providing a service like strike, you do not want to connect to a node that is constantly down or does not provide liquidity. that does not mean they are on a private network. strike cannot choose what nodes the nodes it has open channels with are connected with. some lightning nodes are there specifically to manage channels (not strike's core mandate). therefore anyone connected to a node connected to strike (n times removed) can pay a lightning invoice to and from strike. the comments that this is not lightning is straight up fud and completely misconstrued the facts.
that’s because it is magic internet money
in china people have been using a wechat app to pay for stuff for years.
1 eth for a coconut, what a deal!
nice salvador, with etherum it takes
i have to wonder, are these poorer countries getting totally raped up the ass by dust and exchanges. super excited about it but kinda worried poor people will be taken advantage of
lol, what's the magic here. mobile wallets in india do the same thing, probably faster.
dude you can do that everywhere with a simple banking app wtf
"it feels like magic internet money" feels like a scam
i bet visa is faster and more secure. guys do not be stupid for defending some cryptocoins.
i'm ready for all the dumb dumb to send way to much money and say, hey can you send thst back to me please i accidentally sent you 4000 dollars worth of bitcoin instead of 400". other person. nah man i good, but thanks though.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [bch]("last usage")[coin] bitcoin cash [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 6 acronyms.) ^([thread for this sub, first seen 22nd jun 2021, 12:06]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
chinese have been using this since 2008...the rest of world is still in stone age, lol
i have to admit that i do not get this. i pay like this with my normal bank in any store. hold my phone to the device and "ping" it is payed. we have what is called a "tikkie" too. you can text someone the amount you wish and when they press ok it gets tranfered. the one thing i dont get about crypto because i am used to fast transactions and the fee is exactly €0,00.
they reinvented venmo but with tether. hooray, lol.
el salvador the smallest country in central america with not even half the population of florida, are you being serious? stop spreading fud lol chinese gov. fk all crypto currencies and el salvador is not going to replace them...
most likely paypal or venmo, probably...i've asked the patients i see at work who are from el salvador and they do not know shit about bitcoin, nonetheless, cryptocurrency!
the best part is he paid that woman , but got a retroactive thiscount now that his . haha… :*(
lmao china had way faster payment systems in 2015
what???? instant money transfers have been a thing for years now.
this is horse shit. it's some centralised banking app. who even knows if these people are even in el salvador. is there an opposite of fud? if not, there should be.
can you buy gmer stock there ??? gmer is the blue collar gme
pretty sure most developed countries had this for years at this point.
i do not understand if the market value is fluctuating so much then how would replace currency? maybe the moment he asks the price it is 30, and he sends it it is 45, it is become 20$. somebody get what i'm saying?
dude i can do this with my starling bank app.
seems dangerous. someone can take your phone right there and send all your money to them.
works like that everywhere
wow it’s almost as fast as using a credit card, or venmo, or square cash, or actual cash, or writing a check, or using a debit card….
what the fuck is this? a sponsored post?
definitely. they have to understand the context of the country.
or credit, it is literally half a second.
even cryptos like nano can work just as fast with none of the fees.
it takes like 3 business days to get money from venmo to your bank account.
this part of it yes, but it’s based on fiat and they have been known to withhold, restrict, and freeze money. block withdrawal to bank accounts etc
wtf are you doing in a crypto sub if you do not understand the core concept of why this is completely different? how the fuck do some many other retards up vote this dogshit comment?
yep. and credit cards. and apple pay. not sure theres any clear benefit to paying with crypto.
just as fast yes, but they confiscate your funds, censor your transaction, and fractionalize the currencies. centralized custodians will fractionalize crypto. it's inevitable. it's a matter of when, not if.
yes but do they allow no take backs?
merchants do not have to worry about chargebacks if they are accepting crypto.
you know it is not btc because they did not cancel the transaction after seeing the fees they would have to pay.
jack mallard said they’re using the lightening network for transactions which is faster and less expensive
it's maybe btc on lightning network. fees are pretty low there and it is fast.
its a centralised service based on btc...
it *can* be btc!! using the lightning network payments app "strike"
i'm trying to see what the symbol is in the middle of the qr code on the ladies phone, looks like a 4 or maybe the eth diamond, not sure.
google lighting network my friend
lol exactly! you cannot compete with ethereum when it comes to transaction speed :)
i know right? i absolutely love what this country has done. and they would be in the forefront of a great movement. no doubt we are looking at the bidding of a new mega advanced country.
it's a centralized service on the ln, but it is not even as good as the already centralized ln ln = you can set up multi sig wallets that create trustless connections between two wallets, you can send back and forth as many transactions as you want for essentially free, when you want your btc back you have to remove it from the wallet and the final balances are what transacts on btc. whatever they are using here is not that.
and if it is strike, it is not using ln, it is a centralized custodian. the only cryptos that could do this are bch or litecoin or something.
but it is bitcoin on the lightning network 😎
it is using lightning. it is nearly instant once the channels are set up with practically no fees.
new network layer on btc is actually alot fast, cheaper than ever. same with ethereum where have you guys been lol their both open source projects, they both could be faster than xrp in the blink of an eye with the proper patch or just as fast ….
are you guys dumb? this is literally the lightning network
yeahh. that's what i thought too initially but the centralised service is really cool. i love the concept
can't believe it is not btc™. gonna be the next eth token.
indeed so how do you guys will act in this case
most undeveloped countries do too.
american boomers maybe. i'm in my twenties and have been using online payment apps since like 2015
bro what lmao i’ve been using an ewallet for years
when my friend came to the us, he was surprised by the state of their banking. even in our third world country (russia), everything is much more modern and better...
we have zelle, venmo, cash app, etc…. and they’re all instant and free! lmfao
americans don’t have e-transfer?!?
yeah i was like ???. here we have a local tech for this. you install the app of your bank (+ their 2fa security app) , scan qr and transaction happens like shown. instantly.
they also created cryptocurrency.
lol what?? we have had all this for almost 10 years easy.
ach is not instant.
americans have it too. no idea who this person is
that's a special name.
yeah, which asks for extremely high fees to businesses...
the fact that it’s btc and not fiat
it’s an instant bitcoin transaction over lightning network
minus the cross compatible apps and governement regulated+backed banking accounts for better fraud and insolvency related support.
right?!?! fucking government mandates made this happen even though it was literally always an option. i lol at op
in a developing country?
trust me this is a dream in a third world country like mine
thought about the same, i hold my visa against the terminal and it is paid, plus it would only take half as long than demonstrated in the clip here.
which part of the process is traceable for, say, a friend sending me , simply from being carried out on a phone? i understand transactions on the blockchain are easily auditable, but what is the phone enabling that is further traceable than what’s already on the blockchain? i don’t follow.
decentralization and anonymity are completely separate concerns. since it is blockchain, yes it is traceable, infact it is traceable ad infinitum, that is the point. there's no reason for you to believe that a crypto would either be intrinsically anonymous _or_ untraceable, so i'm not sure where you got that from.
upi was such a game changer, even street food vendors have the qr code these days lol
yeah, it is just fiat, not btc.
that's what i was about to post. i know it is fiat but it is old news really.
they use a centralised provider they aren’t really sending btc btc takes at least 10minutes (really 1hr if you want 6 confs)
that's lightening i believe. near instantaneous.
yeah, and the fees would be way too high!
it’s bitcoin over the lightning network. can’t believe people who interest themselves in crypto haven’t heard of lightning.
might be dash which is big in south america
those are different things
my first time in china i was introduced to similar scan codes and payment through thiet wechat app; this was about 5 years ago.
yes we get it so does every country in existence. this transaction is being done with bitcoin so it is not comparable to anything we have now.
sounds like an l2 on ethereum
our weeeeebit country :)
you couldn’t because this involves bitcoin and the lightning network
it’s bitcoin over the lightning network
except it is bitcoin... look into lightning network
that's decentralized and those companies arent charging 2% per transaction to the businesses
instant bitcoin settlements over the lightning network
the ripple network can do this. \[people downvoting me for pointing out a fact? lol\]
this is an instant transaction done with bitcoin over lightning network
yes, but with out the centralized validation. also, if you're using bank accounts rather than funds custodianed by those services, there will still be lag of settlement on the customer's end.
seriously. check out the same post in the bitcoin sub. the comments are absolutely absurd.
comes to a cryptocurrency sub to trash cryptocurrencies. yup. that tracks.
seemeth dangerous. someone can taketh thy phone right thither and sendeth all thy wage to those folk *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
practically no one in el salvador has credit, they are nearly all unbanked, while nearly all have phones
that's technically not true, but they give you a user experience as if it were.
but paying with fiat is not the same as paying with crypto.
takes the same amount of time to get bitcoin to usd. also, bitcoin dropped 60% in last 3 months, sure would hate that volatility, that is more volitile than el salvador currency was in last 25 years
if you’re not a business and using it as personal money transfer completely for free, yea…. or if you want to pay transaction fees to the company that developed the incredible tech you’re using to transfer money like magic, you can get it deposited same day.
wouldn’t this service be able to do the same with the btc transaction? seems dumb and defeats the purpose of “decentralized money.”
yeah i'm kind of shocked with the comments here... did they miss the memo. 70% of the fucking country is unbanked, and remittance costs them 30% off the top, and that's just the start. what is everyone smoking in this thread?
because there is a huge difference between being able to do something, and people wanting to do it. what's the advantage for this merchant in using btc over visa? it's minimal at best so the question here as to why this is supposed to be revolutionary is perfectly legitimate. if you re-invent the wheel, but with subtle advantages, and then call people stupid for not immediately understanding why it is a revolution, you're the asshole
lol stop being a fanboy. it’s a legit criticism. “fast” is not a selling point for crypto. not at all. so the title of the post is a bit dumb. now if you want to talk about actual advantages of crypto, go for it. but nothing about this ux is improved at all.
... 70% of the country does not have a bank account, but they have cell phones, and remittance takes 30% off the top. are you sure there is no benefit to using crypto?...
you do not need an account or permission from a company to pay in btc
maybe some subtle advertising to increase market value.
imo the benefit is it cuts out the middle man, i.e credit card companies, apple. in terms of why cutting out the middle man is good, credit card fee is cut out, customers don’t have to worry about blocked transactions, things like that. of course it can’t be done with high fee long transaction time cryptos like bitcoin
you must not run a business.
everytime i want to cash out i feel general body pain seeing the fees i would have to pay. eating ramen isnt too bad anyways.
so, everyone do that ???... now, i feel like i’m part of a community...
haha fair point. i remember withdrawing it from an exchange some time ago. the fees still hurt.
you know what's cool, you can receive lightning now without opening channels and paying the on chain fee. open muun wallet and receive lighting payments, no need to fund anything.
he is lying, they are using a private ln network, because ln does not work.
it is a lightning transaction, you can see the ⚡ in her qr code
off-chain, using someone else’s channel and liquidity, with a custodial wallet, then sure it’s fast and cheap. that’s not on chain, and it’s certainly not peer to peer electronic cash.
you sure it’s not a lightning network tx?
so it’s basically venmo. wow, decentralized crypto is really revolutionizing finance
yeahh, i second this. it definitely seems like some centralised service
ah alright, thanks. any idea what it is called?
strike is a private custodian with kyc and transfer limits that does not actually allow anyone to connect to their 'lightning channels'. not saying there is anything necessarily wrong with the company doing this, but calling it lightning network is misleading.
why the downvotes? it could as well be lightning
my family in china says everything is done in cash or barter for the 50% of dirt poor chinese people. these people dont have phones. they dont have identification.
he mentioned america, did not he?
can confirm, am brazilian, you can transfer brl instantly.
this is blatantly, obviously false. most people in undeveloped countries are unbanked without the means to send free instant transfers, because the countries are undeveloped you genius. how the fuck you think they are going to enjoy faster transfers than a developed country? their most valuable industry are remittances- western union transfers from the us. why would that be necessary in your effortless version of reality? i swear, armchair quarterbacking the progress of humanity. smh. redditors going to to reddit
venmo and others are not quite the same but they provide a similar ux.
i use upi like everyday, it has never taken me more than 2 seconds, it’s mostly instant, also failure rate is like below 1%
sounds similar to the uks faster payments service, tis very nice to use :d
came here to say exactly this.
russia is the definition of a second world country if there is one. not third world.
i use apple pay on my apple watch. two quick clicks of the side button, hold over nfc reader, and bam i’m done. don’t even need to take out my phone.
this still requires a third party app and, in most cases, use of credit. most countries have instant account to account bank transfers. around here if i want to send x amount of money to my buddy i just go into the bank app and send it, i do not even need his bank account info, just his email or his cellphone, it gets to his phone instantly, 24.
not sure what op is going on about. literally transfer money to friends and family all the time for free.
it's not the same, you have to make sure the person is on the same network as you etc. it also takes way longer to process. you cannot just transfer money from your bank account to another person's bank account instantly and without using a third party system that the other person is also on. it's so backward, back home (not in the us) the system is so much easier
i'd like to know the answer to this.
twat + taint =
i have no idea what twint is but i'll take your word for it. fuck twint.
do not they have apple pay or google pay for fast simple transactions?
so incorrect. so much dumb ameribashing here
what are you talking about bro they’ve been doing this in even remote parts of vietnam and china for years.
also not shown in the clip, logging into your account and one of the two manually typing in the ammount to transfer which no doubt happened off screen.
accountability and traceability are not necessarily the same thing. cash is generally not traceable. is it impossible to have a civilization based on cash?
we do not thisagree there. ideally you want accountability to be an inherent property of citizens. forced or perceived accountability that is enforced by surveillance and relentless tracking borders on other types of societies though... just my 2 cents, not trying to change your mind or anything. to each his own :)
yea i do not want to live in a world where we are all hidden and if someone blows up the world, you have no idea.
google traces your friend's phone and uses metadata to establish that this btc wallet is owned by the person who owns this phone. then when your friend sends you money google does the same thing, but now has more metadata to figure it out. long story short, your wallet is tied to you through metadata that is tied to your phone
personal information to begin with. do you really need an explanation as to how every single bit that is transmitted from your phone can be traced back to you ? also el salvador is using a centralized system, they claimed to be using lighting network which is simply a load of crap, as it is not ready yet...
ethereum is more open by nature, since all transactions are completely traceable. but traceability and anonymity are not the same... most people simply do not know how to do it though. and bitcoin is way more privacy oriented than eth
as long as it does not charge any transaction fees lol
wait, you know they are using lightning network on bitcoin right? try either pheonix wallet or muun. you do not need to worry about opening or managing channels, just send bitcoin directly to the wallet then you can use it for lightning payments. both wallets are self-custody.
no it is just updating a centralised db here. like sending to another account on coinbase. lightning is terrible for something like this
indian system is more than just app to app payment. it's cross compatible and transactions are reflected in your bank account directly. it's payment solution. not economy solution. if your economy and country is fucked, then your currency wouldn't function either.
you might be missing the point. "instant" electronic payments have existed for literal decades. whoop-dee-fucking-doo that someone is doing it with btc
there are lots of solutions that have no fee already
exactly. nano is that fast!
well ya cause it is centralized.
because the street seller cares. what is amazing is that a country decided screw this, we aint gonna reinvent the wheel and go with the better private option available instead of paying their cousins and family to make and run an app that does the same shit with government approval edit: same and probably worse.
nearly all my savings in crypto buddy. i'm just reminding facts to people. don't lie to newcomers.
there are plenty of mobile based neobanks popping up in latin america and africa though with way better adoption as a payment medium than cryptocurrency. time will tell how well this compares for them as a solution.
yeah but the post is showing this as if el salvador has the world's best most advanced system for magic internet money and that everyone else should follow. just pointing out that this is nothing new for a lot of countries.
you can literally say the exact same thing for the payment system shown in this video lol.
ye you take the card and touch the scanner with it and you're done, you wait maybe 1 or 2 seconds to confirm, but you're putting things in the bag, or the receipt is printing. which is my only pet peeve here, why the receipts if there is a digital record of the transaction.
yeah it is near impossible to find places to pay with crypto
btc to stablecoin takes a lot less than 3 days.
i have a solution design that allows this while maintaining private key possession.
because literally the country is only 30% banked... how is this even a question in a crypto subreddit?
btc is decentralized and visa is a payment rail for centralized fiat currency, i will assume you know the difference. this is not re inventing the wheel when the difference between the two exists as is. lightning has many draw backs which can and should be challenged but that is not what these retards in this crypto sub are laughing about. they are comparing a decentralized crypto payment with fiat currency and laughing as if it is the same thing.
stop being a fan boy of what? centralized fiat currency? because when people say "my country has had that for years with venmo or alipay or whatever the fuck" they are missing the point completely of why this technology was invented. if you can not see the difference then just wtf are you doing here?
that is the problem, many do not understand the context.
wtf wire transfers from the us relatives take 30%?? man our government greedy as fuck
yes you need a wallet on the blockchain. not a company sure, but yes you need, "an account"
that's bullshit. you can literally send ln payments to strike from any lightning node. you are confusing the technical details of what's actually happening.
i’m sure he wouldn’t plainly lie during his speech at the bitcoin conference in miami. i do think though that he’s using a private ln though. let’s remember the ln just became available btw. i still think it’s a btc exchange though in the video
yeah, i saw it now. you are right. funny that this guy who said something like "this cannot be btc" got most upvotes of all comments and there is someone (user ninjaturtle2077) i see now who replied with "lightning network" and got downvoted. what's wrong with people?
it is a lightning network tx, you can see the ⚡ in her qr code.
it is. they just want to ignore that so they can act all superior.
still better than fiat?
i think it’s strike, but i’m not sure, the video is very blurry...
it might not be strike based on the color scheme of the app in the video, but either way strike is what bukele is pushing the hardest and that *is* a centralized service based on btc.
hash rate dropped significantly due to china mining ban, new miners popping up all over the world and profits for miners are higher again, so no, it is not mostly centralized
we know it is not, strike admitted to running a closed private ln network that other nodes cannot connect to. as well as using tether. strike and ln is a centralized scam.
well i’m sure some people still uses cash, but in well developed cities in china are all using alipay, from supermarket to taxis, from purchasing any goods and services they all use alipay, i remember i went back to china a few years ago, had to pay for taxi only had cash on me and all they accepted was alipay and i paid in cash but they don’t have money for to give back as difference. only found out after that … felt like i came from the villages lmfao how advance china is now
i like you... sir!!
i love when people think america is a shithole; only if they knew
i do not know what you all have in europe exactly but i'm including things like cashapp, zelle, online check deposits, all the samsung, etc.
they provide essentially the same service, whether they are exactly the same or not is not really important
i was going through the blockchain and i had the same doubt. we already have upi in india, which is very new for other countries. why will one go for blockchain instead of upi. the reasons as of now can be international fund transfer. i do not see for coming to it.
with the possibility to process billions of transactions, 1% is a ton. i'm sure that is not what you meant, but just introducing scale really changes your statement
if the network is meant to process billions of transactions, 1% failure is a ton. i'm sure that is not what you meant, just introducing scale to your statement really changes it
technically, yes. but the people who live here obviously would not agree with you, buddy)
actually the soviet union was the second world not russia. russia in the 90s was def a third world country haha.
i use zelle all the time and i’ve never paid a fee
zelle is integrated with many banks now, but the rollout has been super clunky with banks not having a clue how it works , and bank .
yes, banks have zelle. it’s right in the bank of america app
banks already have free and instant transfers in the us
zelle doesn’t require anything third party.
it’s already on your account with most major us banks
that is zelle in america - bank to bank transfers using a phone or email. third party payment apps include venmo, paypal, cashapp, etc that allow for transfers between people, they usually charge a 1% instant transfer free or a 3 day wait period with no fee. they now also provide banking services - credit and debit. apple. you can also send money to people as long as they have the same phone. we definitely have many options to pay friends and family without fees quickly. edit: none of this requires a credit account, it’s just your debit card that you’re linking. you can add a credit card but the fees are higher. you can also direct deposit into these account and keep a balance. covid has really caused a lot of americans to transition to digital banking primarily.
americans have a ton of ways to transfer money electronically. idk what the guy is on about
dibs on band name!
just a greedy corporation building its own financial transaction app to collect fees. has nothing to do with crypto. also fucks over small business owners.
i use google pay whenever possible, but i'd say only about 70% of stores accept it in my area.
they're not linked to the bank accounts and they are not cross compatible across apps.
they're not linked to the bank accounts i think.
maybe but in my country most people do not have smart phones
financial accountability is required because of taxation. if you're not paying taxes at all then government can not run. no roads, no military, no police, courts and welfare. people do not like taxes, but they are absolutely crucial for modern society to function.
that’s cool, you are not explicitly talking about centralized systems in general. you say “crypto or bank” as a blanket, and assume that you must enter personal info to use a phone or use an app on a phone. so what does the phone do that identifies the user of this fund transfer?
somehow everyone here seems completely oblivious to the existence of lightning. they're all just like "this cant be bitcoin because bitcoin is to slow". some people need to get out of their coin's bubble, be it eth or something else.
yeah, you know. because it takes *forever* to use google pay.
they are. we have several variants in scandinavia, mobilepay for example. takes a couple seconds before transfer is complete and is on your bank account, can be used between people, in stores, on webshops and any time of the day. basically what bitcoin with layer 2 will be in some years. oh and it’s free. no fees on consumer end. only stores have a fee.
when was the last time you tried lightning? a lot has changed in a small period of time. try pheonix or muun wallet.
ah ok, thanks for clarifying.
not a fan of dash?
your last statement is so true. like lebanon (i think), their citizens get screwed so badly. banks are corrupt, government corrupt, they have very little options to store money or keep it safe. some stories involve people having thier houses raided by the same "governing" bodies.
hard to believe there are companies charging nothing to offer their payment services. you have an example?
i could not say that cause i have no idea what i just witnessed.
yea but your forgetting that it isore convenient to have your pgone than a card on you at all times.
stablecoin is still not a currency. if people are going to compare this transaction to having transaction times of coins to currency, vs digital payments to currency, it is the same transaction time either way. this post and the thiscussion has 3 problems a) everyone is missing the point of using coins only to transact in an all digital space vs trading coins to fiat currency b) the transaction in this video would have been too expensive to even do it if btc or eth vs digital transactional currency which has no cost basis c)if anyone bought btc or was paid in btc during the recent vollatility el salvador is now worse off than it is ever been, and the hyperinflation
btc's main use case is as a store-of-value (sov). many people, including crypto lovers, do not really see a reason why btc would take over day-to-day payments as it does not seem well equipped to handle this. if you somehow have not heard this opinion i'd be surprised. so no, why you would want to use btc over usd is a standing question that is yet to be answered and you're ridiculous for pretending like anyone who would question this is silly. did you want to explain your reasoning or just keep asking how everyone does not know all the things that you supposedly know?
right, there is a subtle difference. not a big one. and no everyone understands it is not the exact same thing, that is my point. because it is similar enough that it begs the question, why would you use btc instead of usd? i'm yet to hear an answer for this. they are not, "laughing as if it is the same thing", they are laughing as to what this supposedly shows. which is very little. it's not important whether it is literally the same thing or not, it matters what the user is presented with
lol ok big guy. sounds like you’re a real expert.
i think it is more the banks. it's high risk to set up shop in a corrupt country so they charge higher fees. get this though, 25% of el salvadors gdp is from remittances. cut out the remittance fees and they boost their gdp by 7.5%. isn't that nuts?
votes on reddit are based purely on feels. always have, always will be
extreme bias. so annoying going between bitcoin and eth subs and on each side they totally pretend like the other one is a dead failure even with direct evidence that neither is failing
nope, strike has admitted to using a closed, private ln "network", that other nodes cannot connect to. they also use tether. strike and ln is a huge centralized scam.
it is not, strike has admitted to using a closed, private ln "network", that other nodes cannot connect to. they also use tether. strike and ln is a huge centralized scam.
im talking cities of 10 million people in the yunaan province. everything was cash. when my brother had to buy a new kitchen appliances he had to bring a 8 inch thick stack of yuan to the store.
then they would have known for sure instead of thinking?
it is a shithole. it may not be as poverty stricken as some shitholes, but its still a shithole for most of its population.
i love it when americans who don’t own a passport think america is the best country in the world
[rant] why is zelle such hot garbage at many us banks? whether it is been poorly integrated with the bank site, or folks at the bank giving wrong directions etc... pretty frustrating. also it seems like you cannot set up multiple accounts with it under the same number . even with all that, huge improvement over ach transfer in terms of speed. [] ps. even the us is better off than japan from what i've heard. insane fees just for an atm withdrawal etc.
it actually is if you understand how they are different.
decentralization mate... kind of the entire point. a government can’t easily decide to intervene, regulate, etc.
venmo hooks up to my bank account too and i don’t have to add funds to it to send money. same with paypal. whether the exchange is happening immediately between banks or being mediated by a 3p app doesn’t really seem to matter when the ux is exactly the same. there are also to pay debit cards, and you can hook your debit card up to your apple wallet to pay with mobile.
i suppose after the fall of the soviet union russia could be considered a third world country. technically the soviet union is the definition of second world.
thanks for the info.
apple pay and google is definitely linked to your bank account…. where would you get the money if that was not the case?
then how do they trade crypto?
you did not mention taxes before, that is another thiscussion.
there are plenty of ways for the state to get in the middle between consumers and their goods and take a cut. tracking all the money is not necessary.
no it is because it is not lightning. you can argue about whether lightning would've been able to do this, but you're the one missing the point, which is that this is not lightning. it's strike, a centralised service. please stop being dumb and calling others dumb based on your ignorance
tried electrum on desktop 2 weeks ago with coworkers… we all decided it was a nightmare to use and how it works. but desktop also doesn’t work when you’re headed to a store to buy something. lol is phoenix available on mobile? i’ll try it but don’t see it in the app store.
at that point it is not just the question of the economy. it's all 4 pillars of country collpasing. media, law enforcement, law makers, judiciary. all of them do not work. it's irrelevant which coins you hold if you have guns pointed at you and stuff that you buy gets stolen.
it's not lightning. read more comments. it's called strike, it is a centralised payment service
let's not get into this lol
[they refer to it as bitcoin powered venmo]( and as others in this thread brought up, if they can transfer that quickly with a small fee then it has to be centralized and just giving you the user experience of an instantaneous transfer.
el salvador is not a south american country.
if you don’t think stablecoin is as good as a currency what are you even doing in this sub?
it’s in internal poc phase
you've constructed your argument by making some false assertions. a lot of btc proponents do not classify bitcoin as only a store of value. if you read vijay boyapatis the bullish case for bitcoin, he clearly lays out the bath to bitcoin becoming a dominant currency in the world. first it needs to be a store of value before it becomes a unit of exchange. this is a well known article in the bitcoin space so your assertion is proved false right off the bat and clearly you are not well informed. second to that, the case for bitcoin is its decentralization, which is the main argument against ethereum whether it is true or not, the thesis being is you want your network to be built on the most robust decentralized and secure network available. the argument is bitcoin is provably that network andlightning network allows medium of exchange to occur better than any other monetary network available to date. i do not hang out in this sub often, so i was really surprised at how, even though ppl here may not like bitcoin, they seem to miss the fundamental underpinnings of what it is. i'm not even arguing against ethereum, i wouldn't do that here, but how in the world can anyone be comparing visa to bitcoin for this particular situation? also, bitcoin is being used to roll out usd to the rest of el salvador, which obviously shows you miss the point because you're arguing as if it is btc over usd in this case. el salvador will use the bitcoin network to bank the country; they are providing instant conversion to usd if merchants opt to do so in that way. this is only available because of instant settlement of btc. why do you think it costs 30% for remittances to el salvador? it's because of the risk the banks take on. they cannot roll out banking for the country because of how risky it is or they would have done it. bitcoin finality fixes this. if you do not get this, please go back and read up on the fundamentals of what bitcoin is.
it's about as subtle as a mike tyson punch to the balls. it's a night and day difference, it is a hot and cold, sweet and sour, dry and wet difference. the entire reason people should be investing into crypto is protection against fiat currency collapse (lol at me making that statement at this point in the market i know). it's very easy to make fast payments in a centralized network it is very hard to make them in a decentralized one. and again these idiots are not criticizing the drawbacks of lightning they are laughing as if saying a fast btc payment is no different than a fast usd payment which has existed for years
so it does not sound like i'm an expert? mind educating me in where i went wrong professor?
just because you make your node private it does not mean you on are on a private lightning network lol. you've made a leap too far in you logic. you can choose who to connect to with your node, but you have no control who they are linked with, and there is a very good reason to do that. if someone is linked to a node that is linked to strike, they can pay strike invoices. the idea that this is a 'private lightning network's is straight up fud and clearly a misconstruction of the facts.
sorry but i'm not seeing other comments explaining how this is not lightning network via strike. this still looks like lightning to me.
hahahaha come to asia or go to any african country, latin american country, etc. you wouldn’t last a day
i’ve gone to 50+ countries lol. of the 200ish countries in the world, an american wouldn’t last a week in 130 of them 😂 look at this “engineering” i saw today lmfao. i see shit like this in 3rd world countries all the time
smh. what does everyone not get here? it is not about explaining shit to each other, it is about explaining it to people who are not into crypto. i understand the difference and i'm not convinced it is really all that interesting so why would a common person give a shit? woah btc can do what visa could do (from their perspective) literally 20 years ago, how impressive! you see how that argument is not exactly debate ending?
i'm new to blockchain, now tell me i have some questions, i'm a user, i want my money in my bank account, i want if someone sends me money in my blockchain account, i want that money in my bank account. is it possible? how do blockchain works?
wallet service? you transfer once and then you can use from the wallet. or it is a credit card association. i think it differs from country to country, but i may be wrong there because my info is outdated.
i'm a different guy, but that is basically the main reason why traceability is needed.
strike is a centralized service. strike utilizes lightning network. you can send and receive bitcoin to and from your own non-custodial wallet to and from strike. it's an open network and completely interoperable. you can also do what you see in the video from lightning wallet to lightning wallet, without strike, same speed, same fees. the network works, and is way better than it was even just a year ago.
well no, the point people here are making literally is that this cannot be btc because btc cannot be that fast and would be too expensive. this is what i'm talking about. i'm not even arguing about wether or not it is lightning in this specific case .
i think pheonix is only on android... was supposed to be on iphone soon. my suggestion then is to try muun. i'm telling you, night and day comparison to lightning on electrum. payment routing has gotten so much better over the year as well.
i respectfully thisagree. just because basically everything is crumbling around you does not mean that having a single positive thing is null. i'm also not saying that having "coins" will fix everything. but if 2 people existed, one had money in that corrupt banking system and one had money in a stable coin, one may be better off...do you think?
and strike uses... lightning network
you got yourself into this, it should not be too hard to explain right?
so you have no idea about lightning network 😭 someone runs a node and provides liquidity so they can facilitate instantly settling transaction and garner small fees in return for their provided liquidity for the node people are using in the transaction
whoa, do not get upset. differing opinions and you ask why i'm even here? i'm not saying stable coin could not be a currency eventually, but it is not currently because no sovereign state recognizes it as such. right now it is just a pegged digital commodity to a fiat currency. let's not even get into how it is pegged. that's why it is even called a "stablecoin" i'm all for coins but we need to stop comparing apples to oranges in the fiat vs coin markets. el salvador's a good move to standardizing an international currency or atleast opening the doors to serious consideration.
i'm proud of you for making an argument first off. really impressed. second, yeah duh. i said some, not all. my point is you're pretending like this question is already settled when it is literally one of the most debated in crypto. so no my information here is not lacking, simply your understanding of what debate is. you assume decentralization is success without explaining why, falling back into the trap you made for yourself originally of just claiming things without reasons. people do not give a shit whether it is centralized or not, they care if it works. so when two systems operate essentially the same way and one is already universally accepted, from a user's perspective, what's the point in switching? you still have not answered this because you assume the things that btc does are inherently better without bothering to explain. the security yes i agree on is an advantage, but still not really important to people. i do not care if my identity is stolen if in the end i get all my money back, whereas arguably people are more sketched out by a system where you can fuck up your own account and not let yourself back in. this is not what i think, but you need to think about the common person who is not worried about revolutionizing the payment structure of the world, they want to not lose their money. admittedly this does not really apply to el salvador, so i'll give you security in this context, but does not even really apply to the larger context. because visa can already do instant payments and btc cannot. or that is how people see it. really not hard to understand. this point i'll straight up say fair enough, btc is superior remittance tech that allows the spread of usd. but once again it just applies to this context. it does not explain why i might use btc in my hometown in northern va. so yes this points to a potential usage for btc in less banked countries, but certainly not a full takeover.
if the difference is so massive, why is it so hard to see? you're declining to explain how it is actually different because it is not that different from a user's perspective. right, store-of-value, not a currency which is how we see it being used here. exactly because it isn't that different. for 99% of people this provides essentially zero difference from their user experience so not only why, but literally how could they even understand the difference if they cannot even see it?
so you’re throwing a fit because folks correctly pointed out that this ux isn’t special or a differentiating factor in any way. it’s actually the default standard now. then you’re just yelling “but crypto you fucking idiots” over and over with no real justification. sure, i dig crypto. i invest in it, but i’m not a dogmatic fanboy. crypto has legitimate advantages, but speed and ease of use is not one of them - especially considering is hella volatile so i hope all these shopkeepers watch the price of btc and adjust their prices hourly. if you want to talk about crypto you’re going to have to climb off your high horse and make a meaningful argument as to why you think “this is fast!” is a valid assessment of something objectively no faster than competitors (and arguably slower). if you’re answer is “it’s not fiat etc etc” cool dude. that has fuck all to do with “look how fast this is”. essentially take your rosy bitcoin is our savior glasses off and try reasonably considering what you say before you start shouting.
i was born in russia, in a below average wealth family, my parents have always struggled with money and could never fullfill all my child needs. later i moved to the netherlands, where i experienced first world life quality. i would rather be poor in russia. doesn't matter how poor, i have not heard of a single person who had to stich an open wound or treat their broken leg at home. i've also read about this single mother who had a diabetes type 2 child who needs constant insulin. she said it costs her nearly 1k dollars a month, while her wage is under 2k. nice scheme you got there, guys...
okay, but the thing is many americans unironically think america is the best (or even only good) country in the world, and think other developed countries are worse or even ‘shitholes’. yeah, america is good compared to developing countries. it’s a little telling that that’s the baseline hardcore american flag wavers love to use. it isn’t impressive compared to most other developed countries. many of the things about it are worse. the engineering in america is a great example. america has crumbling infrastructure and corners are cut everywhere. nothing about the engineering in america on average feels very impressive at all compared to a lot of developed countries. and a lot of its cities are far more run down and dirty.
no need to be aggressive. if you're so educated on the subject then you do not need to participate in the conversation? edit: i'm also not here to debate, just trying to clarify something that is subtle and not obvious. anyway, i'll let you take care of educating the internet with pedantic statements.
don't know about america, but in the uk google pay is linked straight to your debit card, which is the same as a direct line to your bank account, always has been. i think you can link it to a credit card, but it is not the default.
sure that is fair, but i do feel like they are missing the wider point of why would we use this vs can we use this
the problem with this line of thinking is that you are in a doomsday, you're already fucked. my point is widespread stable coins without tracability would be used by politicians and all to fuck you over more. you're more likely to be slightly better in society that collapses, but you're also more likely to collapse the society if stable coins are very widespread.
that's just wrong but keep living your life
you are whitewashing what the lightning network is and my point holds regardless. the lightning network solves speed and fee issues by moving transactions off chain. hence lightning network gives a user experience as if transfers were happening instantaneous and for cheap, but under the hood it is "technically not true".
who said i was upset? lol.
for you to use now? yes nothing
you are full of piss and vinegar lol. i'm not going to argue further. i'll say this though, i'm a solution architect by trade and what you are trying to get at, that people just want something that works is an oversimplification where you have thrown out all the context that actually makes it the best solution *that just works* in the end. as an engineer you plan and build based on the best material for the job and a holistic view of all the requirements, so that when someone walks into the building you built, it just works, and it is not going to fucking break down on you. but the truth is, it is been engineered. i cannot argue with you, you make too many leaps and assumptions and you try to pigeon hole me. i qualified what i wrote, and did not assert that decentralization is a success (i do not even know what you meant). it's a thesis, and for the specific application in this case, it is by far the cheapest available option with the most robust security (depending on how you measure it) than any other monitory system available. you want to make an argument with logic and facts, go for it, stop harassing me to do your homework for you.
not shouting, more like hanging my head in shame at the ignorance of what is supposed to be a community of supporters for decentralization . this clearly is not is the case on this thread and you fit in that same crowd with your reply above. the speed of the transaction for speed itself is not the feature of this video. it's the speed of a decentralized network settlement. that seems to be the key factor you and all these "new money" crypto investors are missing. you are comparing a decentralized settlement with centralized systems. which is completely ridiculous to find on a crypto sub. if this was r't open my mouth i would expect this kind of response.
america is in the top 4 nations globally overall easily. canada, austria, australia, usa. people just hate america because they’re poor or made bad choices; and think that those choices wouldn’t have made them poor elsewhere.
i mean you started by insulting my intelligence so pot, meet kettle. talking with others is a good way to understand their viewpoints. not the most revolutionary concept, but that is why i'm here. i do not think btc is good for payments, some people think it is. hence, debate. and i do not get what you're clarifying. that they are not literally the same thing? i do not think anyone was confused by that, but thanks i guess. stop pretending you're some internet angel who simply is stopping in to help people when you're condescension is palpable. i'm not trying to educate the internet, i'm trying to understand other viewpoints, something which you are above, i guess?
there are way to many variables. my bottom line is that simply a stable coin and being able to actually store value safely is a good thing, especially when something like lebanon crisis happens. there are other universally accepted stores of value, like gold, that would arguably harder to use or even obtain to try and store value. you seem to basically be saying that if a government is fucked and take over a central bank, there are no other options that could ever help. would it be harder to use your stable coins if it happened? yes. but would they be gone and stolen, likely not. there are definitely solutions to problems in blockchain tech, and i truly belive giving hope to broken financial systems is an obvious one.
scroll to “what is strike”
sure am. see this is well put. but still does not address the challenge in front of you as to why switching would be viable for most people. it's not about the engineering, in the end it is just about whether it falls apart or not. so while i get what you mean, and partially agree, i do not think that quite carries the weight you want it to. and okay here i misunderstood you. you're arguing for btc over other crypto's here vs i'm arguing why btc over centralized fiat currency for simple transactions. yes, if decentralization is the objective, this is the best. but that assumes that decentralization is an objective the monetary system wants to achieve. i do not think that has really been proven as superior to centralized.
ok. stop talking. scroll up. look at what the conversation was about. it was about the speed and ease of transaction. it had absolutely nothing to do with anything you are talking about. if you wander into a thread and then yell “but what about this other shit that has nothing to do with the topic of the thread” - don’t be surprised when you don’t get the response you expect. also fuck off with your no true scotsman shit. someone can support and be knowledgeable in crypto and also recognize that speed and ease are not the primary differentiators for crypto.
i might have used a wrong term, i forgot what type of diabetes is the heaviest, but i am very fucking offended by your first comment. i have a friend who had diabetes his whole life and has a fucking tube running thru his belly because he needs insulin all the time. the guy's parents own a restaurant, he has always eaten very healthy and right now he works as a fucking male model, being skinny and following a strict, healty diet. well guess what, his diabetes never went away and to this day he still needs to check his blood sugar twice a day... the comment you shat out was so thisgusting to read, i am not even going to look at your other points because you've proven to be a complete degenerate... if u got diabetes just don't eat sugar. fucking clown that you are. edit: all it took for the man to back down on his words is 3 downvotes. proves my point even more.
> i mean you started by insulting my intelligence so pot, meet kettle. i'm sorry you interpreted my statement as an insult. it was not. > stop pretending you're some internet angel who simply is stopping in to help people when you're condescension is palpable. i'm not pretending to be anything. simply explaining myself and calling your sensitive emotions out. relax.
i agree. crypto use is very complex. but as time passes, advantages of crypto are thisappearing or weakening. fast, cheap and efficient transfers- we got upi and payment apps, just as fast and no charges. way more energy efficient. anonymity - countered by taxation problem. decentralisation and security - most of the transactions take place in crypto exchanges, which are basically unregulated bank accounts. they are good as assets for investment, but they still cannot go widespread as currency to be used in day to day life. you have a dozen crypto solving individual problems, but no one thing that can solve it all.
hmm. i appear to be the dummy. thanks for the article. any idea why the comments here are deciphering whether it is lightning or strike and no one else seems to know strike uses lightning?
you do not know what you are talking about and i am not arguing against crypto development stop putting words in my mouth. i even tried to reiterate my point in the last post but you clearly only read what you want to read.
this is not how the lightning network works...
i'm not sure i understand your first paragraph. i would say from an engineering perspective it is very important what it is built on. for something like this you want it on an open source protocol, and if it was not decentralized you would say 'industry standard'. you do not want to build out on something that may not be viable in a few years from now, or at least you would minimize this risk as much as possible. access to usd equivalent to bitcoin or etherum does not exist itself without bitcoin or ethereum. visa is not just a credit card, it is a whole infrastructure built under it. you absolutely do care about the protocol you are building the monetary network on. if you rolled out visa let us say, you have to adhere to their protocol, their interoperability standards, and visa dictates that. websites are built on http (i'm simplifying) which is an open standard, and allows anyone, without permission to build a product on top of. the underlying structure of a network is so important, especially when it is a public good. part of the reason the country is not banked (do not quote me here, but i know about south american business since my father worked in the dominican for years) is that the instability of the politics make it very risky for companies like visa to go in and set down roots and provide services to high risk populations. i guess some more context here is that bitcoin was chosen because of the bitcoin beach project, which basically seeded bitcoin in a small town and proved to be very successful. i'd recommend the jack mallers podcast on what bitcoin did for some more context. sitting in on the twitter spaces the night the law passed, some reps and the president of el salvador explained that the success of bitcoin beach basically sparked the whole initiative. bitcoin beach chose bitcoin because it is opened sourced and decentralized, so it is actually maybe more relevant than ppl realize (?). they did not need anyone's permission to use it, and i think at this point you can say bitcoins baselayer is reliable. if bitcoins base layer becomes unreliable, this project will fail. i do not think decentralized has been 'proven' either, but it was the original purpose of bitcoin, before anyone knew what a blockchain was. the proposed solution to the problem of fiat currency was decentralization. satoshi literally said "everything before now has failed because it has been centralized, that is why i created this" (i'm paraphrasing). i do not know what the criteria for success is, but it has not failed either. this bit of history is so important, understanding what the tool meant to solve. i guess i was surprised in this sub because even if bitcoin did not exist and etherum did, the whole argument is the technology itself is hugely easier to get up and running than banking infrastructure like visa or venmo etc., so i'm not sure why it was being comparee. it's like how countries that did not lay out phone lines leaped frogged to mobile networks because that was just better. cheers, i appreciate the convo.
its like talking to wall... i mean i guess this is to be expected as more and more of the general public enter this space. if you dont see the huge glaring difference i am pointing out here then there isnt much reason to continue. ill take your advice and "stop talking" good day
telling someone they do not understand something is pretty insulting. i'm not interpreting anything. and you did not explain yourself, you just told me i do not understand. and are now calling out me having emotions as if it in anyway shape or form changes my ability to debate with you instead of responding to my points. so why wouldn't i be unhappy with you?
idk but it is scary. i only know because i heard jack mallers speak on this topic on a podcast.
bullish af after reading this.
holy shit you might be onto something
not if it goes 2,999.999
you're putting the cart before the horse...
idk that’s quite a leap….
they did the math!
i'm not good at math, can you eli5?
we are ready for that.
wow if this is true then i guess i should just keep holding.
what if it skips to .01 ?
no way! you're crazy.
he. did. the. maths
put my sell order at 2,999.99
jfc mind blown now make us a chart plz
don’t get ahead of yourself man!
never thought of it that way 🤯
"you'd like to think that!"
look at this fud
he was right, damn, you should start a youtube channel and make some dough with your crazy predictions
holy ravioli, i got to do something about it to bag the enormous profits
i want to get in but i’m scared of weekend sell off
i spent a minute here thinking of loopholes and thought of none
sorry i need some sort of graph with lines in it or i'm out!
there are stil infinity 9s after 2,999.99
i don’t believe in ta!
gtfo... quit lying bro
in this market... what's your source?
risky prediction but i like it 👌
first piece of reddit financial advice that holds up.
you don’t have the data to back that up i call fud lol
idk man, it is gonna have to overtake ,999.999 before a bullish thesis can be probable
my man out here predicting the future 🙌
no way i don’t believe this
this guy gets it! bullish af.
you must work for goldman sachs
you were correct 🤯
are you a finantial advisor?!
please reveal the location of your crystal ball so we can see the future when you aren’t using it.
the threshold we’ve all been waiting for.
what an old post. to the moon!
no way big correction coming. eth going down to 2999.98
holy shit! i better git sum more
major resistance at the 2,999.9 levels for sure.
the math checks out.
good point about eth
homie's not playing around here...spitting facts like a mathematical cobra
no doubt about it...💵💵💵
idk tho. this is pretty bullish but i also see the bearish argument.
just sold all my eth for eth 🤽‍♂️🗑📈
if eth hits .99 then the price of 1 eth will also be .99
sounds like you're ready to start your own crypto youtube show.
you from the futche, brah?
want to bet 32 eth?
60 percent of the time that will happen every time!
but what if it hits 2,999.998 then dips???
this is all good and exciting but i'm more excited about long term growth for eth now. its one of the few progressively growing communities and currencies right now. how can i (or we as a community) contribute to its eventual growth to the next milestone i.e. ,000.
ill take your word for it and give you this upvote but you didn’t show your work. i can’t assume what formulas you used.
this is the type of solid insight that keeps me engaged in this thread. fucking genius.
i completely thisagree, it’s definitely going to drop to .99 before it jumps to ,000.
is that a yogi berra quote?
this is absolutely, positively the most fundamentally sound idea i've ever heard. so i agree!!
how would they know. how would they know...
just bought more on this news!
well, first it has to hit ,999.999. then maybe.
how much over ,199.99 does it need to hit ,200!?
this guy knows his shit
i did the calaculations and your math checks out! bullish af
well that’s very obvious. it shall climb, retrace and climb again. someplace in between those who know how to take profits shall.
do you have a youtube channel i can follow?
in b4 there is a huge sell wall and the downward pressure sends it back under 2.9k
let’s not get ahead of ourselves here.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [ta]("last usage")technical analysis (or trend analysis), examination of past performance to predict the near future ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 24 acronyms.) ^([thread for this sub, first seen 7th aug 2021, 03:39]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
there's no doubt that it will hit 3k$. hoping alts would follow on eth movement.
well now you've done it. eth is going to top at 2,999.991.
almost there ! i cannot wait to see those vegeta memes again this year !
i second this assessment
i agree my friend lol. [eth for president. ](
i don’t get excited for anything less than all time high.
here in canada, we're in the future and it is at 3600 😙👌
that’s a psychological price. it’ll initially kiss it but the drop down under for a while. then work out which direction to go next. buy now and you’ll be buying at the high for a while.
new strategy, buy at 2999.99... sell at .00... guaranteed profit.
in before eth hits ,999.991
if it is not 3k then it is not eth
thank you captain obvious, what would we do without you!
that’s a bullish af statement. if that penny of eth pumps, meet me at the bellagio bar. drink on me.
where are you learning this ta from? wheeere??
a delicate place. i do not see any rainbow charts and stupid ta to support this. must be fud
huge wall at 2,999.999 though.
oh no, it’s back to 2963! it’s crashing! crypto is over!
is if o key someone could post the elmo praising burning eth in the background then we’d really know 3k is on the way
you seem to forget there is an infinite number of decimals after the .99, thus it will never reach 3000
pls edit and put” not financial advice, just my opinion” 🤣
what a ta, hats off!
intelligent person posts informative content and gets 10 upvotes comedian posts slightly funny remark and get 1k upvotes. somehow, i have missed the boat, again...
do you have any ta to back this up?
i think you are a next sherlock holmes :d
nobody knows what is going to happen
i like your humor!
the bears are not happy with all this!!! 😡🤬😡eth must make its way back to
**prediction just confirmed.** i was right after all :)
usdt will moon, eth is a rug pull
the people at .44 want to speak with you.
can you make it a tweet, screenshot it an post it? because i will not trust you unless this is coming for a tweet .
this is the dd we need
it can also go to .99999999
this aged... well !!!
technical analysis to a tee 🤣
he predicts dees tings.
🤔 i think this one is a genius
look at the rush eth bitcoin dogecoin icp keep network are you in
i do not know, there is a key line of resistance at ,999.995
fu...k ethereum rip-off scum 200 hundred dollar gas fees go to to hell with your russian conman founder
how about y’all stop selling or get out of this sub. y’all mistake this for a trading sub. this is a hodl sub don’t forget it
we are heading that way again. over .
this is the only ta worth a dime. been following for years
it will be. bullish
i was bullish before, megabullish now
i'm from the future it will hit
this price prediction is 100% accurate!
i'm bullish because you're bullish.
he is a *genious*
i will going to big
he’s swimming in pussy
yeah... i'm pretty good at math!
oh fuck yes he does
then it goes to 2999.(9^100). a black hole will open up and send the price to 3k.
actually, it is. it's one of the pretty numbers people like to put limits on. i'm not saying it is not gonna happen, just that it is not that easy.
then it crashes and op becomes infamous for the worst prediction jinx of all time. just short of dusty baker giving that pitcher the game ball in game 6 of the ‘02 ws when he pulled him with a 5 run lead.
last weekend it was bullish. crypto is not the stock market.
btc is way up. $, it is blowing eth away. i smell a rat somewhere.
the best crypto strategy is to get in and hold like a mofo. dca if you must. actually, you’re probably just talking about adding, not just starting.
sell off is starting
i know it seemed impossible but yes...i was right :)
one of the best as you can see... not even 1 day passed and my prediction came true !!!
is that a water polo emoji?
thither's nay doubt yond 'twill hitteth 3k$. hoping alts would followeth on eth movement *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i hate predictions like this. at 2999.99 wtf am i suppose to do other than cry in to my soup?
ohhh yes it is
see? my prediction came true
my hopium stash is here
man so you think it will go to .99 ?? should i buy at 2999.98 sell at .00 ??
and 3100. here we go again.
he's got that pimp juice
well, he is leaving a pretty tight margin anyway
😂😂 funny af right here ⬆️⬆️
![gif](giphy3o6zt11r527fgtrijo) is this you?
i heard that if eth gets over .99, it will hit can you confirm?
you need to teach me.
what about staking? i stake my eth on aubit freeway platform with 20% fixed apy! not bad right? and yes i dca some alts ofcourse and many to mention!
great, i'll follow you for the next pro mega ultra extra but free insider tips 😊, thanks 😁👍🏻
into a trashcan with a red chart goin through the roof, idk how to play water polo all my horses keep drowning but imma keep buyin em if eth keep goin erp
what’s your next prediction?
hey dealer can i get some too?
i keep it right next to my cum box
for sure, as long as your buying and selling around a million coins.
dude that’s his grandpa for sure
let me do my math before confirming.
if it can break through 9999.9999 it is a sure thing
ok i can now confirm with 97% probability of success
yes of course. i would say staking or warning any interest such as in blockfi falls under holding.
for me it is usually more like buy ,999 immediately plummets to ,700
how many g's 🌝
something something jolly ranchers, something something i’ve been on reddit to long, something something colby.
still waiting for you to confirm…
are you using the ethagorean theorem to calculate?
yes know that feeling well, got caught out with azn
my bitcoin transaction confirmed before his math calculation
eth touched 3k, i think that should be worth a pound
in an hour there is so much hopium, i might pass out. *good stuff*
saving this post to sell to hackers in 2026 who are looking for crypto owners with 6 figure stacks, thanks bro.
i hope you make another post for your 3rd eth all the way down to your inevitable 100th eth.
looks like someone bought the dip that will keep on dipping but will make him fucking rich in the long run.
on my way! there as well i’m closing in on 3 congrats!
congratulations, mate. well done.
congrats on your future retirement 👏🙌
nice! i just crossed the 0.5 threshold. i’m pretty excited - looking forward to accumulating a little more every week!
congrats on joining the 1%! if you divide all eth among only 1% of humanity, each person would have less than 2. so by being there already, you have more than 99% of people! (roughly 120,000,000/(8,000,000,000) = 1.5)
yessss, and i'm officially down about 43% down & holding 😖 and no fiat to buy the dip.
i joined the whole coiner club last night. i’m hype af.
2 is good. but how about 20 is better!!
i love to see people snap up cheap eth. great!
nice. i got 8.13 eth :)
congrats fellow uk resident
my man! feels good!
i’m at 1.1 now but if it keeps dropping i will hit 2 soon, food and beer be damned i’m going all in
buying my first one today as well been waiting for a dip like this to get in on crypto
fuck yeah. see you there soon 🥳
no better time to hit that milestone than right now. congrats
i got my first 0.5 today on the dip
wow you rich. hold tight
and celebrate you shall!!
there you go im gettin there
is that the new trend? i gotta buy more than!
been having trouble deciding on what to contribute during this primo dip but seeing this resparked the flame. congrats on your 2 eth man. i'm still on my path to 1.
i am waiting when btc will grow and ethereum fall then i might have 2 eth too
nowhere near there but congrats!!!!
fyi you can wrap your eth on fegwrap.com or soon on feg.exchange to earn more eth passively every time someone else wraps or unwraps it.
you got 2 for the price of 1 a few weeks ago!
trying to get there. especially with this dip. congrats 🎉
see you on the way back up, bro or sis!
i saw the price and got spooked two eth for 2800 usd, then saw the currency symbol infront lol
same milestone for me today. 2.
congrats, i'm right behind you to the 2.0 mark
nice! i sold some of my amc to buy my 3rd ethereum today
fast or slow, progress is what matters. congratulations on hitting this milestone :)
i’m a buyer at , no takers today but probably by the end of summer when people realize we are beginning the unavoidable recession = bank cash, sell assets at highs and wait patiently
did amber already write you? she is such a nice girl and really fell in love with you. but her dad needs a kidney transplant and she cannot afford it...
good work and keep doing what you are doing.
it’s a good time to buy. this dip will keep going shortly past june 25th then rebound again. keep buying a bit if you can!
my dumbass bought more 2 days ago. could have gotten so much more if i had just waited
i got 3 eth just now at ,980
why do people keep targeting themselves with flexing their balance? i dont understand, im new but isnt its not really smart thing to do security-wise?
if this is on rinkeby, same
worth celebrating after a long time of waiting, just as i'm waiting for the launch of ixswap for the secondary trading of security tokens and tokenized stocks & assets.
is anyone worried about the downtrend? lol
currently on on 0.31😅 hoping to have a 1 full eth by year end
first time in months, im bull
idk if anyone is on wsb but holy fuck that place is full of retards and ran by a complete fucking lame
i do not know if i more happy when somebody sell for
haha no worries let’s hope it reaches six figures 😉
dont worry, it will worth under 1k soon
ahahaha finally the good posts come back to light 😂
i suppose i should do it every time i 2 x eth holdings, because that’s a lot of posts 😉
when he buys the 100 we have to make a party.
i really hope none of us get 100 eth. that would put 1 eth = .
haha let’s hope eh 👌🏽📈
do we really get rich? everyone says so but i am sceptical eth will surpass 10k
[i love playing with this website](
remember me when the lambo is ready.
haha cheers buddy 🥂
very cool math! 😄
don’t worry, when eip launches in july and when bitcoin hits 50k usd again, we will come back for you 😉
lost 17,000 dollars this week!!! it will either come back or it would not. good news is i can still get a boner and jerk the fuck off.
i'm 23% down today. not worried, it will bounce back though.
good job buddy 👍🏽📈
yes you’re right 😅
absolutely, haven’t stopped - got to keep accumulating 😉
keep holding brother 😁
thank you very much 👌🏽
that’s the way 😃
lets keep accumulating bro 😁
i might even get 3 for 1 today 😅
thanks buddy! let’s win together 🥂
see you soon buddy 📈
nice work buddy! let’s keep winning - long term gains 📈
dollar cost averaging 👍🏽
thanks buddy! long term hands over here 😁
do you see investing in crypto a way of avoiding the inflation issue?
is there a reason why you think it’ll rebound on 25th? am i missing something?
i mean it’s quite difficult to hack once it’s in cold storage 😅 and it’s not a huge sum…
i will be messaging you in 5 years on [**2026-06-21 22:07:49 utc**]( to remind you of [**this link**]( [**58 others clicked this link**]( to send a pm to also be reminded and to reduce spam. ^(parent commenter can ) [^(delete this message to hide from others.)]( ***** [^(info)]( reminders)]( ----
that's the goal. by the way, the 8 zeros look kinda weird.
that would be fantastic!
the way the crypto markets feel right now, it will have the decimal point and then 6 zeros before we get to the non zero values. does this mean we have hit peak capitulation?
on your post celebrating 100 eth, i'll sell some of my eth to buy you reddit gold.
"i really hope non of us gets rich"
all these people downvoting me would be same ones crying "crypto is dead" if they could afford 100 eth.
yah - i’m with you! fractional ownership ftw and crank that price. just add another decimal for the natives.
i did the same buddy. i’ve bought 2 eth. i think it’s a good start.
i’m at 1.79 hoping to have 3 by the end of the year
let's all be strong enough to hold strong.
people were skeptical it would pass . and in 2016 nobody thought it would go about . it will, it just depends on the timeline you're investing on.
not anytime soon. 2 or 3 years most likely. still 5x over a few years is pretty damn good.
10k is possible once eth gets burned with every transaction.
2030 will be our year of riches. at that point we will be hopefully be full crypto and no more shit ass fiat.
i don’t think we’ll see above 3k for a year
well it depends how many you buy, and for how much...
this is the way. forget about your losses now, just jerk the fuck off and hodl on.
i'm truly beginning to realize that short-term big buyers are dumb money
if this is not the way, then i do not know what it is.
welcome. you plan on staking them or keep collecting?
people will be complacent with fiat so long as they are not feeling the pain of hyperinflation. once people get sick of it, then what? go back to gold? who will issue the highly regulated gold certificates? the only way forward is crypto, which may very well be targeted by people who want control.
it won’t rebound on the 25th but will probably rebound shortly afterwards. on and around june 25th there is a massive options expiration of eth. shortly after that aftermath, price should recover and soon we’ll be in eip territory so there should be some upward movement. let’s hope anyway. and if not, i’ll just buy some more
yeah, maybe im paranoid
lmfao see you all in 2026
eary bird...something worm 🤔 i bid one dollar bob!
thanks for the generosity my friend, but i prefer you keep your eth and one day help someone who may not be in a good position.
on the contrary. i hope we all get rich with 1 eth or 10 eth or something along those lines. 100 eth is unreachable for most people, unless it crashes hard or if you're already rich.
oh nice! yeah should the opportunity of an eth below £1000 arise then i’ll be buying as much as i can afford 😉
well done. 2 eth is an achievement, many start with much less.
when it hit 2k i remember seeing people say that was the top lmfao
need to make crypto accessible to lower income households in terms of usability (how they buy) and utility (how they use). i really hope this is how the balance is tipped from the elite.
accumulation is a solid way.
to be honest i haven’t looked in great depth in regards to staking - though it’s something i am considering. cake defi comes to my mind, do you have any suggestions?
thank you for the explanation.
can you elaborate why not? if not, no worries.
cool, thanks my guy!
did not know you can do options on crypto
cant really see any credentials either…
hopefully, i''ll have 1 eth by then
you're a kind soul. i'll buy the reddit gold to someone who truly needs it.
this guy looks really cool.
it already is affordable for low income. that’s why they made fractional shares.
i agree. crypto is still way too complex to actually utilize for the average user.
sure. crypto is a different world not a different “asset class”. the only peg it has is the dollar but it’s not a correlation, the only peg is what it costs to buy crypto or how many dollars you get when you sell. since crypto doesn’t have even a full faith guarantee then it will never be in the position to be involved with inflation in any way. crypto is just a new version of travelers checks🤷‍♂️. fun gambling with it but the us government will never allow something like that to ruin our economy
gas fees, man. gas fees...
that's only if you actually "use" it - which people actually do with eth but not average people. normal people who own eth just hold it. techie people who hold eth actually make transactions for things (usually just variations of holding like locking it up in defi contracts)
you just illustrated the issue. low income people do not have spare fiat to just hodl. again, mass adoption = utility for the everyday person. crypto will replace fiat when it has the same utility as fiat.
could not have said it better myself. mass adoption is what we need. that's when it really gains value
it already has more utility than fiat in the sense that it has way more use cases - it is programable money just to start with. there's going to be use cases for eth we have not even thought of yet soon. i do not think it will ever be used as a cup of coffee currency though any time soon so we cannot really wait for that to be what drives mass adoption.
but that is what it will take. people need to eat, people need shelter, people need clothing. that's use case from a biological survivability standpoint. that's how the reliance on fiat thisappears.
i'm holding until it does become that. 24.685768 eth strong,. baby. i'm down ,500 right now and i do not even give a fuck. our time will come. we just might be really old... but it will come!
how about pizza? 🤣
truth. that's also how the reliance on government thisappears and we gain a truly free society. we're on the brink, bro.
literally left holding the bag.
“only government could take a useful commodity like paper and make it completely useless” - ludwig von mises
the inflation is worse than i imagined!
that crazy inflation really made bolivars useless but people found some usecases though
venezuelan living there, here. this was in 2016-2017 food crisis, where ironically you had to use more money paper than toilet paper to buy a toilet. ' ' weird fact, our economy is literally determined by an instagram page that is not controlled by a gov. entity, lol.
can you order a box of this money? the money in my monopoly game is getting pretty rough. could use a replacement
in venezuela, the economic catastrophe began with government price controls and plummeting oil prices, which caused state-run oil companies to go bankrupt. the government then started printing new money to cope, thus prices rose rapidly, unemployment increased, and gdp collapsed. right now, 1 usd = 248,210 vef. edit: so, it turns out that the currency has gone through redenomination a couple of times and the value i previously wrote is probably wrong. a comment by a venezuelan. > to put it in perspective, the amounts you listed on the bills above are equal to the listed amount multiplied by zimbawe's one trillion dollar bill in terms of the original amount of bolivares had no redenominations occurred. there's also talk of a new redenomination incoming this year or early next year.
finally a use-case cryptos are not capable of
i want one of those bags! where’s the order button?that bag is worth so much more than the paper it’s made of. im proud of my last name when people reference simon bolivar but embarrassed when they mention the currency... yikes
lol nice fiat bags
that’s an innovative way of using it. i’m sorry that the currency is worth nothing but i am impressed by his ingenuity
i want that bag!
stay alert - coming to america 2022
let's not pretend that crypto is better in this case. i wish i could at least make some trinkets out of my bottomed out shit coins.
they sell those beautiful handcrafts in usd:
to the moon 🔥
sucks to be venezuelan
"coming to a us dollar near you"
this has nothing to do with the currency they choose, but hyperinflation brought on by socialist rulers. unless it is showing where we are heading with all the irresponsible spending our gov is doing
brothers and sisters of the world take note. some as seen here have realised what some around the world haven’t.
socialism has done them well!
create an nft sculpture with those money bags.
us dollar in 10 years
ignorant question: why dont people just hold these money while the inflations come back and they will actually be rich?
this is not even close to germany in nov 1923 when 1usd =4.200.00 german marks
good ole democrat policies…... whoops…. i mean communist…... excuse me
at the rate biden is printing money, the usd will be used in a similar way soon. fiat currency is dead!
it’s funny that venezuela used to be the wealthiest country in south america when they were a democracy. they switched to socialism (exactly what democrats in america want) and now they’re literally the poorest. take note anyone who doesn’t understand what democrats are doing to america.
crypto is more valuable there
he should sell it online to usa
soon they will do this around the globe with various shit coins
a bag full of money…
wish i could do the same with my 500 billion rugged shitcoins
i would buy this
i'd like to see max kaiser make a handbag out of his magic internet money.
this timeline makes no fucking sense
how do people buy necessities then?
it would be epic to buy those bags with cryptos and help those people. someone contacts them please?
i would roll so many joints with that
bag was sturdy 🤣🤣
throw the whole country away
dude wow... they need to adopt crypto
love it. maybe we will see more of this in the near future
after this crash that is going to be the usd...just like in 2008
i’d seriously just buy a stack of cash like that for .
canada - take note (pun intended).
i would love to buy some of these handcrafted items.
i thought the title said "handcuffs"
economic embargo = ☠️ don’t try to buck the empire. they win every time
ill by a purse for my wife with my bitcoin!
this is what happens kids when you smoke even just one marijuanas
theyre going to join el salvador and accept crypto currency which will hurt the us$
but really, where can i buy one of these!
next is el salvador. getting in debt billions of dollars in less than a month.
one loses value when your country goes to shit. the other loses value when some dude makes a tweet.
reserve project is a cool project to help resolve this.
so how are they buying stuff currently??
a responsible government should be buying up billions those notes at a complete loss and burn them.
is this going to happen in the u.s?
surreal, and i would totally buy one!
well, now they can be worth something
wonder if we will see something like this in the untied states if when we have hyper inflation…
socialism works though. it just hasn’t been done correctly.
... "not real socialism"
o look the future of the dollar
isn’t socialism grand? 🧐🧐🧐
that’s the us dollar soon
this will be us after a couple more years of biden
when it gets wet you need a new money bag lol
guys i think we should try socialism again
so what’s the actual currency then? assuming i wanted to buy that purse or buy some eggs, what can one do?
i’d love to get my hands on one of these bags though
dang we won’t be able to do this with worthless crypto coins
germany in the 1920's
there’s money in those bags 😂
how do they buy stuff with?
venezuela is like ethereum. unaffordable due to high gas fees
coming to the biden.
when paper is just paper... is just paper
usd in 25 years. 😂
this ws once the wealthiest country in south america, now the poorest, this is what socialism does!!! just like today democrates, they hurt the ones they " claim to be the chamlions of" the most. end enemy independence, gas does and the it hurts the poor and middle class. now that s less money for food, but wait cause transport i ng cost more now, the food cost more, so now even less food. democrats are communist, there polices prove it. facts not fairy tail fiction. libtards are the biggest threat to america, the constitution and freedom!!
that's what happend when government is corrupt!!!!
by tomorrow there is gonna be a tweet of this quote that gets reposted in this sub containing a comment section of misinformed and oversimplistic takes.
but people figured out how to make it valuable again. now look their fiat bags.
he wrote on his electronic device purchased with paper over an internet connection paid for with paper after feeding himself with food he bought with paper.
where?? i do not see
all those "money" is probably worth only .
that was “money” till dude took their gold and silver and jetted
why do not they just give it to me for free instead?
finding the most obscure use cases after it cannot be exchanged for goods, the true shitcoin way.
> weird fact, our economy is literally determined by an instagram page that is not controlled by a gov. entity, lol. can you give more details on this?
yes, you can. you'll find them on etsy:
myanmar kyat are also fun.
venezuelan here. you are correct on everything, except the price of the bolivar (ves) in comparison to the dollar. try to keep up if you can, i'm going to hit you with a lot of zeroes. you see, at the moment, the dollar is worth about 3,085,000 ves (bolivar soberano) which in turn was worth 30,850,000,000 vef (bolivar fuerte) prior to the redenomination 3 years ago which took away the last 5 zeroes of every currency amount in the country, which in turn was worth 3,085,000,000,000 regular bolivares prior to the redenomination about a decade ago which took away the last 3 zeroes of every currency amount in the country. to put it in perspective, the amounts you see listed on the bills above are equal and about as useful to the face value multiplied by zimbawe's one trillion dollar bill in terms of the original amount in bolivares had no redenominations occurred. there's also talk of a new redenomination incoming this year or early next year which plans to take away another 5 or 6 zeroes. so, our original currency is modified by amounts incalculable by the average calculator. literally a factor of 10^8 at the moment, and probably a 10^14 by year's end or early next year. lastly, inflation is so fast that the highest denomination bill has, at most, bought a couple of movie tickets and maybe some popcorn if you got your hands on it early on. by the time the bills are printed and thistributed, they are already worthless. by the time the average person has access to them (which is something you want to avoid by all means), several of the highest denomination bills will only be used for minor purchases due to the sheer volume you'd need to have for it to actually be useful. this translates to a cash shortage for a couple of weeks and then a complete thisregard for bills for the remaining years until the next redenomination. once the new denomination rolls around, we rinse and repeat.
1 usd = 3.100.000ish vef (bss) today friend.
welcome to our future. thank god for crypto.
bagholder taken to a whole new level
people have no idea how badly we've been printing money for the last 13 years. the latest .
think so? i feel like it’s going to be digital currency and you can convert you paper money into it.
lol, turn them into nfts, if that is possible.
bruh they’re not even close to a dollar...
inflation, sure, but hyperinflation in the us dollar seems extremely unlikely. it's not enough for the government to keep printing money, our gdp would have to simultaneously collapse. dollars are like gdp shares. if the supply of dollars goes up but gdp also goes up, it just cancels out. you can see surges sort of like that in markets experiencing shortages, and we're sort of seeing that in housing and car prices, but those effects are correctible.
the roots of venezuela's problems have less to do with chavez and maduro and more to do with us-backed coups and crippling sanctions. you're regurgitating propaganda.
brothers and sisters of the ordinary taketh note. some as seen hither has't realis'd what some 'round the ordinary haven’t *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
i find it scary that people are taught that socialism is good and means 'community'.
gonna be hard to make trinkets with worthless nfts
gunna respond to you on behalf of all the similar comments in the thread. it's cool if you do not have the time to contextualize the world and like to rely on easy copes like "venezuela economy crash because socialism" but that is a baby brain take. there is no economic orthodoxy within socialist political ideology that was followed in venezuela. the german sdp economists were gold bugs and that is part of the reason germany fell into thisaster. it was ironically the us corporate economists who advocated the adoption of keynesian state economy as a way of avoiding economic collapse. venezuela's economy failed because the government overspent and did not prepare for a drop in oil prices. obviously bad economic policy but there is nothing inherently socialist about state overspending, any type of state can and has done that. in the case of venezuela, if you understand that the us govt and venezuela private interests had been organizing coups against the government throughout the aughts prior to chavez suddenly dying of cancer you can start to contextualize why that leader would be biased towards spending state capital when he had the chance, rather than take more measured long term approach to state planning.
there is no coming back from this level of inflation, usually a new currency replaces it
it's like holding shitcoins.
you kinda sorta described how shitcoins might make you rich.
who said the inflation will come back?
another commenter said ,000 of their money. why not get a forex account and buy like ?
because these people need to eat today. they do not have the thisposable income to wait.
how can someone call the democrats communist some people are actual retards, the democrats are fully blown capitalists. on the right hand side than most centrist
possible? yes. likely? definitely not. there'd have to be *a lot* of massive fuck ups to get to that point
ethereum gas fees has literally been cheap recently, like 10 gwei.
hope 30, give me some time to pass away, i should be dead by then.
very much agree, a lot of people here in america are being fooled to believe in socialism, just as other countries were, we are on our way towards this path.
wait, that’s not happing today?
i think you’re missing the point. just because a hyper inflationary currency can be used in barter doesn’t mean we should throw our praise at the benevolent princes or central bankers who debase currency. mises lived through the german hyperinflation. just because he could buy a loaf of bread for 1000000 marks thanks to “paper” doesn’t mean things couldn’t be better.
way to miss the point
so i did a little math: let’s go off a 10 vef bill, plus know there are usually 100 bills per stack of cash. so that give you 1,000 vef per stack which is 0.00000000322136 usd so **you’d need approx 10 million stacks like he showed to get about 3 cents**. even if we jump it up to the 100 vef bills you’d still need about a million of those stacks to get 3 cents.
sorry for being extremely late, lol. enparalelovzla is a page on instagram that basically gives an average from casa de cambios or exchangers (not gov related any of these) and literally everyone flows with the average price the page gives, from monday to friday. its fucking pathetic and interesting that we are the first country in world and history that has an economy dependant of a instagram page. lol. and yes, i do eat.
i replied up there mate, luckily i can make it to the end of the month so far, cant tell im having a great life but neither a bad one, as long as my family is ok and i share time with them, its gonna be alright for now...
i just bought the blue peacock, thanks!
wow. i'm literally blown away. i got the value i used from a certain site. so, i'm trying to understand, what currency do you guys use over there right now, since the national currency has no value?
how can this even be reversed or fixed? how do you locals buy something if the money you are aquiring is devaluating every day
small correction. you got the currency codes wrong (i think) vef y the fuerte and ves the soberano and veb the original one
facing the coming us inflation will incurring debts at the current value make them easier to pay off when the dollar becomes worth less? new car, mortgage etc...
that it so sad. the crupt government is the root of the devastation to the country. my prayers to the poor folks.
but you can’t make a purse out of crypto!!! jk, this is the beauty of crypto. defi is the future and it’s already here and available to anyone with an internet connection.
hey it’s designer, probably will be able to sell for hundreds of usd to some karen in california
>the latest biden and congress gotta funnel tax payers money to their pockets somehow ya know
i meant, they sell the handcrafts in usd, like someone stated.
i think he meant they’re selling them in usd, not for a dollar.
>hyperinflation in the us dollar seems extremely unlikely lol, the world would be on fire and all economies will collapse
hyperinflation will never happen in the us for the simple reason that the money supply is controlled by an independent organization - the fed - not the government. if the us government wants to borrow money, it auctions the debt. if noone wants to buy it, the government cannot borrow. in venezuela, zimbabwe, and other countries the government can print money at will. can't pay government employee salaries? just print some money.
except there is no reason to believe gdp will increase. if anything we are looking at a drop in the near future caused by a spike in unemployment and debt. every economic indicator is showing that the entire system is about to go belly up.
...no one is taught that.
seems like your take is a baby brain take. hopefully one day you will get properly informed.
the problem with socialism is that it concentrates power in the hands of the government. when a political party takes control, it rewards it is members with political appointments. this leads to nepotism. some level of nepotism is to be expected in b every government. but when the government controls the means of production, this nepotism extends to the economy. say the rail company is not doing well and it needs to fire a bunch of people. but elections are coming so the rulling party just props it up. or oil prices go up. the government says, we'll subsidize gas. year after year these things add up and soak up resources that the government could have used for education, healthcare, infrastructure... the government ran companies end up being bloated and inefficient and without money to modernize. even worse, it breeds corruption. the heads of those companies are political appointments. remaining in that position requires their party to win the elections. so of course they do what they can to win. they steer inflated contracts to their supporters and get kickbacks for the party coffers. and if those contract are not well performed that gets swept under the rug - that will be a political scandal if the public learns. after a while the whole economy starts to fall apart. the government needs someone to blame and the us makes a great scrapegoat.
it’s because these people have no quality education and most likely went to a school that taught lies about history and science.
>the democrats are fully blown capitalists. the fuck? hell no, they are definitely not capitalists. they regulate the fuck out of everything they could put their hands on to gain more power and pocket the money to their supporters
mises did not live to see the rise of the federal reserve. german hyperinflation occurred in the context of germany losing a fucking war. this is a complete non issue for americans.
that's cheaper than shiba inu. fuck this i'm all in
your math is wrong. 1 million stacks (100 per stack) of ,300 usd, definitely higher than ¢3.
hyperinflation! i'm blown alway. price of commodities will be in millions of vef.
oh, it does not sound good. i'll check it out. thanks!
do you runescape tho?
great! you'll be fine. and have you thought of migrating?
nice! it looks pretty good.
wow, by the time i got there etsy said "only 1 available and it is in 10 people's carts." hope you ended up with it.
the national currency is only symbolic. about 95% of goods and services are priced in dollars and they will take the "tasa del momento" meaning the current conversion rate (3.085.000 vef/$) which varies 2x a day on week days, as a last resort. most goods and services are currently being paid in cash .
now that we've all but dolarized prices for goods and services, there is a little bit of breathing room. holding on to cash . the situation is still dire and is by no means getting any better any time soon, but there is been a little bit of an economic increment due to the slight stability offered by legally being able to peg prices to . this does not really benefit the middle to low income classes but rather gives us options as to where we can be broke at.
debts become meaningless under hyperinflation. you might owe , but a year from now that could be the price of a loaf of bread.
that's what most people did here. there was a point when banks offered small loans by performing a couple of clicks on our online accounts and the interest rates were 60-70% annually. so, naturally everyone and their grandmother took them. during those times, if we had 60-70% inflation in a week, that would be one exceptionally well handled week. we are talking quadruple digit inflation per month. when we paid back our loans at the end of the year, what enabled us to cover half our grocery list for the month, was now only worth about half a sugar packet. a similar thing happened with large loans, some people took them out, purchased foreign currency with that money and started businesses once the foreign currencies became even more sought after. some people bought houses and paid back a nice dinner out worth of bolivares whenever it came time to repay.
depends if you get paid adjusted to inflation
everything is tied to the usd here. when anyone receives bolivares, we buy , we trade them back if needed or pay directly in cash .
yes it will be amazing
>except there is no reason to believe gdp will increase ??? the us is having stellar economic growth with forecasts at 6.4%
what indicators are you looking at lmao? were literally expected to break 7% gdp growth this year and continue incredibly high growth the next few years as well. don't let your political inclinations get in the way of economic fact. we're gonna do very well these next few years
100% serious. a healthy socialist economy in the western hemisphere is a threat to the interests of the american aristocracy. the us has couped, invaded, sanctioned, or embargoed any economy in the western hemisphere that does not open its resources up to us exploitation.
i could do a big and funny take down of this, showing the nepotism and corruption of the us government. but the simple point is that the state has a monopoly on violence regardless of who controls it. capitalism has coopted both american parties and one of them is burning to the ground currently. id rather people control the state than capital.
communism just mean "the devil." so if it is bad, it must be communist.
yes he did? he died in the 1970’s. the fed is still fiat, which is what his critique is aimed at. anything fiat can have its exchange ratio manipulated by those in control of it.
if the bolivar gets to the price of bitcoin i'm gonna be one wealthy individual.
you’ll really think doge was a good deal when it’s
hmmmm...the website i used to check the value of the bolivar says 1 usd = 248,209 bolivars. i'm getting different results from different websites. wikipedia has it at 1 = 248,832 the website you sent has it at 1 = 312,693,887,789 so, to be honest, i'm confused.
so you are correct that it’s 10 billion evf but your conversion isn’t correct. more math: 100 bills per stack at ,000 vef per stack aka 0.000000032213 usd per stack. since you have a million stacks multiply that by a million and you get 0.032213 usd aka 3 cents. [shortcut: just type in 10,000,000,000 into a currency converter ](
no, i do not do rs.
not so far, its not a mystery that south, even tho its better in other countrys than in here, i decided to stay close to my people as much as i can tolerate this economy
> zelle transfers isn’t that illegal? doesn’t venezuela have sanctions
oh! are there any plans by the government to adopt cryptocurrency, because i do not see redomination as a permanent solution to this? i think the only way out of this is the adoption of a foreign currency. and do you think most of the people are already accepting crypto or doing transactions in crypto?
do you all have a plan for if(lol)?
doesn't the problem usually end up that despite growth and inflation, employers suck up the majority of the growth and do not match inflation with raises?
>a healthy socialist economy could you provide me an example of that in our recent history? an economy that performed better than other capitalist countries and had better living standards
the venezuela sanctions target maduro and his cronies, not the economy. the crisis started well before sanctions were imposed. while the us history in south america is questionable it is not the cause of this crisis.
yeah... sorry, that’s incorrect at every level, but i do appreciate your civil thiscourse
i’ve seen your point of view before and have argued against it enough times to know there is zero chance of me making my point in a way that will be satisfying, regardless of convincing you one way or another. what you’re talking about is a right wing conspiracy theory that does not have any basis within reality. now, i know you’ll probably stop reading here. to get to this point, most people actively ignore any information contrary to what they already believe, because their false reality that they rely on to make it from day to day depends upon it. it’s a symbiotic relationship, not a victim being manipulated by an aggressor. if you were a curious mind interested in the truth, you could read marx and literature about marxism to thiscover that it’s actually a very specific thing, not the mercurial catch-all your right wing demagogues pretend it is. see anything wrong or unjust in society? it’s marxism! let’s all get our two minutes hate on marxism! but in reality, it has absolutely nothing to do with “pc” or “woke” culture - in fact, historically the left wing has been the main force in transgressing societal “correctness”, where as conservatives, per their very name, have been the ones trying to keep everything the same and relied on a pruthish rejection of anything unorthodox or blasphemous. that’s actually how the modern right wing fabricated this “attack on free speech” issue - they realized by doing morally objectionable things, like attacking people for who they are and getting their just backlash for it, they can claim to be victims and claim their free speech is being infringed upon. they realized the power behind grassroots movements like 60s counterculture, the punk movement etc and decided to fabricate their own faux counter-culture. it’s all very transparent and silly, but the false reality they indoctrinate people into depends upon it. socialism is also a very specific thing, as is social democracy, and neither has anything to do with anything you’ve said here. the information is all out there from reliable sources. all you have to do is look, but that would require and open mind that doesn’t only look for information that confirms what it already believes. edit: they blocked me, but not before making a reply that i can’t respond to in order to preordain their ‘victory’. it’s even worse than i expected.
venezuela has currency exchange control. and it is changes currency like 3 times already. so if you go by official numbers, the ammount of bolívares per usd is much lower. however if you check places like dolartoday (do not know if it still exists). then you'll get what's being paid on the street which is going to be waaaaay bigger than the official rate.
sanctions target high ranking officers in our "government," and even though they do have an impact on their illegally obtained finances, it does impair the average venezuelan but not as much as most people make it out to be. regarding the legality of zelle transfers, those transactions are never done through venezuelan accounts. they are done between american accounts owned by venezuelans in the states and taxed accordingly.
you are absolutely right. redenomination is only going to reproduce the same spiral i mentioned above but even faster this time around. the government has tried to appear friendly to crypto, but they want to be able to have control over it. so, we've implemented our government's "crypto" which is called the petro. it's not listed on any exchange, it is just worth whatever the oil barrel is worth at the time in . a crypto adoption similar to el salvador would benefit the country hugely but without a clear, easy way to to control it, and realizing that most goods and services are being paid in foreign currencies through foreign accounts, it wouldn't benefit the government and would loosen a little bit of their already shaky grip on power.
it's gna be a huge clusterfuck because most goods are imported from the states, i'm interested in seeing what opportunities will arise from that because most of our economy will be affected. atm it is a wait and see game. the increase in oil prices and a slow down in the hyperinflation we've seen for the past decade points to a shift but any real change has yet to manifest.
maybe we can print a picture of a lambo if we pool some bs together for a couple of days.
i understand your desire to brush this information off as it is uncomfortable to digest, but i assure you nothing i've said is remotely exaggerated. us and other capitalist interests have seemingly as a matter of routine attempted or succeeded in snuffing out burgeoning socialist economies globally with vietnam being one of the most well-known. it's argued that the us-backed libyan coup was in response to gaddafi's push for an african central bank. an independent africa would be in stark contrast to imperialist interests that have dominated the continent to varying degrees for centuries. this image imperialist nations paint of governments that place the interests of their people above that of wealthy foreigners is deliberate and self-serving. if their own country's workers were to catch wind, it could be bad for business to say the least.
same in argentina and all of this socialist-ish countries.
interesting! so, petro's price is pegged to the price of oil barrels in the country, which means it is success depends on how well the government manages the oil. i appreciate you taking the time to explain certain things. i hope you guys beat this inflation!
hey, thanks for giving us the inside scoop. what do you(sovereign wealth)? that was actually such a simple yet brilliant idea and had it still been existing you likely wouldn’t have the situation you have now, in my opinion anyway. the surplus from the fund, if it was actually running since being created, more than pays back the entire national debt
i mean, with the progression towards more green energy, be it nuclear or renewable, the price of oil should rise slowly then fall sharply
the us cares very little about africa. gaddafi was a insane tyrant and a terrorist, but someone the west was willing to live with. he even came to nyc and gave a speech at the un in 2009. unfortunately for him 40 years of insanity came back to haunt him and many libyans rose against him. the west saw an opportunity to get the world rid of him and they did. good riddance to that pos.
we basically had that in the form of free gas, free healthcare, cheap services and free education but the national consensus is now headed toward charging the actual prices of things without subsidies or handouts because we've seen how corrupt and easy to manipulate these have become and how thin these are spread during emergencies such as covid.
yeah. it's by no means ideal, but it gives the current government a cash injection which they sorely need. our capital city is sorrounded by barrios or favelas and criminals have started to rule some parts of the suburbs. that's where the money will probably go toward, that and trying to fix some of the refineries that have gone up in flames literally and figuratively due to lack of maintenance and adequate repairs.
the fiem (forgot the “i” in the first comment) wasn’t so much a social welfare program and more about providing stability to the whole country’s economy due to its over-reliance on turbulent oil revenues. it was basically just to save some money in good months where the price was high and use some to subsithise in the bad months where price was down. the fund was then to be invested in safe assets in a similar fashion to the norway sovereign wealth fund. doing so would mean venezuela would not only be debt free but have an extra []( the surplus could easily fund significant infrastructure investment etc. that link is from 2015 so the numbers are even more exaggerated now. i recommend that linked article highly to anyone that wants a closer look at how venezuela had the solution but instead the nations wealth was siphoned away by the corrupt elite
right! see, this would be perfect. the main issue with that lies in the greediness and corruption of those in power. take my mom for example, she worked in pdvsa (the country's main oil corporation) for nearly 35 years, resting easy on the assumption that her pension would be enough to sustain herself after 65. she got covid a couple months ago and all that pension covered was a few doses of acetaminophen and some rubbing alcohol for her treatment, the remaining part of her treatment came from my brother and i. she receives the equivalent of . our politicians' sons and daughters amass fortunes upward of 10 billion dollars and they are only the ones we know of.
i'm actually surprised to see any representatives defending crypto at all, considering the lobbying power of banks and traditional finance. makes me feel bullish.
so when the crypto markets crash we get a bailout since we should be treated like a security right? when wall street ruins the economy again? right? shorts? sec? morality?
you know mike lee’s got a huge bitcoin bag.
cryptocurrency is so innovative, it has potential to transform the entire financial sector (and more). it's a grave mistake to ban or over-regulate crypto.
preach mike. tell them the gospel of the new world. the future!
the last thing "you are going to make americans poorer" all part of the plan senator
uneducated politicians and poor documentations sure makes a good base for bad choice !
i had no idea who this guy was. now i’m glad to know he exist! god bless people like him
this is not a partisan issue. there are elected officials in both parties who get it and there are those in both parties who don’t get it — on this issue.
ethereum continues its breakout. a close above , will setup a retest of the bigger -
he’s the slimiest scumbag senator, refreshing to see this take
ugh. i hate when i agree with mike lee.
thank you for for posting this. anyone have a link to follow this live? don’t have cable.
this guy fucks for sure.
i see he read my email.
anyone else see those laser eyes??!
mike lee is for the people 🇺🇸
oh this guy makes me wanna vote republican next elections
mike lee is alright
like to thank my senator. at least 1 of them is not a fuck tard.
rand paul and mike lee are the pro-crypto, pro-libertarian political representatives in the us. they refuse to kowtow to the most powerful special interests, and accept their big government narratives, which is why they are targetted so incessantly with character assassination, especially rand paul, who the multi-trillion dollar public sector knows could become president.
republicans = pro-crypto democrats= anti-crypto figure it out by now???
if i knew his user name i award mike lee all the gold
this whole debate looks like cavemen fighting over if they should tax fire or not.
mike lee for president
this was well presented. i hope the senate listens and that elizabeth warren slips into a coma.
i really don’t want to get political here but it seems like dems are hardcore trying to take control of everything. correct me if i’m wrong but yellen & warren are the biggest cunts i’ve read about lately. i just don’t get the agenda besides wanting full control over something they don’t have yet. again not getting political so please don’t argue left and right :)
these representatives coming out against the bill do not really care about crypto. they are only using it to fight against the bill. next time they are in power they will flip and say it needs to be taxed and regulated.
man i ain’t even in the us but want to vote for him lmao
he’s solid. i’m a big fan of his.
hell must be frozen over. i'm agreeing with something mike lee said.
mike lee is solid. i agree with him like 90% of the time.
the whole bill is nothing but a rape of the american taxpayer
mike lee , i like the way you speak... truth
mike lee is a shit politician. although he’s right here, don’t fucking believe he actually cares about what crypto is really about or about anyone’s life outside of his corporate donors. we need younger representatives. not contrarians.
the only thing good that has come form my senator lol. haven’t liked him too much as a utah native, but i wholeheartedly support his effort here and has won some points from me.
dan i agree with a republican
don’t you know america is an authoritarian regime now?? the supreme court ordered the eviction moratorium unconstitutional, the cdc ignored them and extended it…so much for balance of powers. this is all for show they will do whatever they want in the end.
innovation to the moon is better than flight.
i hope every registered democrat on this thread realizes now who the fascists are in our government. there is and has always been only one side that encourages innovation, competition, and a truly free market. hint: it’s not joe biden’s corrupt band.
mike lee better get reelected & i'm counting on this community to make that happen. where is he from?
mike lee, one of us! that’s what’s up lfg
as a progressive i do not know where to stand when conservatives support crypto. ii'm still learning about eth and it makes me really worried that i'm getting into something degenerate. if someone could convince me otherwise i'd be happy to listen. conservatives supporting something does not automatically make it bad but it does throw up warning signs. my first thought is conservatives are against regulation of crypto simply because it would lower their personal profits
how do regulate something that is decentralized? the answer is you cannot regulate it until the asset is turned back into the centralized currency...thank you for coming to my ted talk... buying more at these levels, mini spook for the market
not the best speech ever but this pede is on our side. get senator lee and an ethereum coat!
it will going to change the complete financial sector.
sad thing is the elite wants to stop innovation so they will...
the government loves to call us “securities” until we want the benefits of securities. treat us like it until it doesn’t benefit you. sounds about us government.
itt is all about the goverment trying to get theid cut!
he holds some bags
an important thing to emphasize is that people in developing countries need cryptocurrency. it’s the only way they can send money to their families from america and start businesses in many cases. the us government even uses it to get money to venezuelan health care workers because maduro can’t stop it. harming cryptocurrency in the us will hurt the entire network as well as the only food money those people have. democrats will respond to that.
you trust american politicians?
the corrupt us government, both sides included with very few exceptions on both sides, has managed to rack up the national debt to levels never seen before, while continuing to dip its hands into our pockets for more cash to fund its shopping spree. it reminds me of my native cuba, and look how that ended up.
crypto is a peacock. you gotta let it fly!
makes you really wonder if the actual goal is to do everything in their power to destroy usa.
i'm hardly a person that agrees with something any current u.s. republican says, but goddamn, this guy is spot on.
tbh i think it’s all a game they play lol. shits hilarious , they’re not in control of it
they made owning gold illegal because it competed with the dollar... crypto will be no different
the politicians standing up for crypto are hodlers themselves.
as a quite smooth european brain crypto noob, anyone can actually explain whats happening with this bill? hard to understand
the central bank will get the laws they want. plain and simple. everything else is a puppet show to make you think we have a say
the funny part is that the govt wants people to be poor. if people are poor they have no power to question or think for themselves. if they thisobey you take food stamps, welfare or assistance and bam they come back. if more people are rich the less power the govt has
so fucking funny. i'm about to watch my country do a complete technological reversal. the rest of the world will continue to adopt crypto while these boring old losers deny progression, further contributing the the states rapidly decaying infrastructure. *nice.*
a breath of fresh air. first they tax it like property. now they want to regulate it like a security. and thisregard the 1st amendment freedom of speech to write and publish open source code. and if an atomic swap executes on a chain (geographically everywhere and no where) what (if any) government has jurisdiction? crypto already won. they just have not accepted it. only remaining question is will the u.s. participate or sit on the sidelines and pout.
fucking animal, this guy gets it
but is not it currently regulated as security from tax purposes?
fact of the matter is, that most us banks are already in crypto. they just do it under the covers
here is how the american legislation works when thiscussing something they have no understanding of: 1) let's make it illegal. 2) let's tax the life out of it. 3) let's blame china for it.
why am i not surprised that it is a republican trying to protect crypto...
that man is a smart man
i cannot understand how few old farts who know nothing about modern digital industry are capable of making educated, well thought of decision with positive outcome. this system is a joke at this point. it was working in times of slow innovation. world is changing too fast for one in his 70s understand modern things. dude i am 21 and feel the speed of thisconnection from younger generation.
i dnt know is he good or bad but one thing about his speech that i love he’s saying cryptocurrency is an innovation, it is a great invention
can you believe these stuffy roomers? half of them talk like they know what the hell is going on.
mike lee the 🐐
this guy is such a retarded piece of shit. immediately sold all eth.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [sec]("last usage")(us) securities and exchange commission ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^([thread for this sub, first seen 12th aug 2021, 22:03]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
make americans poorer... well its not like they do not want that. "they do not want an educated populace capable of critical thinking, sitting around around the kitchen table realizing how badly they are getting fucked."- george carlin surprised to see anyone defend crypto innovation. the talk above over seas benefiting over it if we do not is true, look at just about the lady thirty years of what companies are heavily invested with china. need more people like this who actually care and understand (:
can i get cryptocurrency through my comcast?
0xbtc will rise motherfuckers. also buy decentraland land!
if this bill passes, crypto entrepreneurs are welcome in canada! we'd love to have you
mouth piece of the lds church. this guy is speaking out of self interest even though he is right about crypto. don't let that confuse you about who he is.
since i have not seen anyone mention it yet, let us not forget that mike lee [is not exactly a fan of democracy...](
because nothing says "this is a good idea" like an endorsement from a utah republican
as usual its the (r)ational people trying to educate the (d)umb.
even one of them supporting us makes me feel we'll have a solid fight with the banks and government and eventually win it
“most countries have only few honest politicians and this is just like having a body with only few good organs functioning!” -mehmet murat ildan
i'm sure he is making money on it. sorry i'm so jaded but i do not think any of these fuckers have an altruistic bone in their body.
a lot of banks and traditional finance like crypto, because they can play too. it’s worth money, it’s a new world of financial service customers and things to do, as well as profits for them. mastercard is obsessed with it, fidelity loves it etc. they also can buy lobbyists.
there also have professional investors being deep into crypto. some of them announced having more than a billion of dollars in crypto, last year. their announcements also had a big price surge effect. i'm sure they own even more, now. it most probably is not a large percentage of their portfolio, but it still is deep enough for them to actively defend it. most of the times, lobbies are not a uniform group and maintain a very complex political landscape.
crypto is the american dream packaged as a currency. any congressman who does not recognize this does not deserve to be reelected. we must make a stand in this and every upcoming election.
good americans still stand up for what they believe in. some people, albeit rare particularly in politicians, stick to their morals and cannot be bought.
ya know for the price of like 2 ape nfts, we could probably just buy them off...
super bullish. i hope we come out on top.
with a market capitalisation of 1.7 trillion usd, the companies doing crypto can buy their own lobbyists. this is what winning looks like.
it's simple. he owns crypto and is protecting his investment
well, some of them have brains and understand crypto is the future. rest are brain dead dinosaurs.
' that's adaptation too.
they are probably investing
church of lds has a lot invested in cryto
hey do not forget you know, the constitution, that thing that gives congress and congress alone the power to mint. not sure why you'd think banks even need to lobby anyone when all the justification needed is right in the original documentation of our nation.
exactly. love to see it!
that & people associating it with terrorism
crypto do not need your handouts ✋
we need to stop letting 100x longs and shorts happen on crypto. we will not be taken seriously until the volatility that leverage trading is down to a minimum. these old dinosaurs get scared when their portfolio dips 1 percent. ours dips 25 percent weekly sometimes. this is all cause by leverage trading. this is why some platforms have taken away the 100x. i feel like 5x is too much. it enables a few whales to completely manipulate everything with 20 million dollars. if they trade 20 million at 5x is makes it 100 million. that is enough to move any crypto market significantly.
bitcoin is literally designed to be the anti-bailout. someone prints more fiat, bitcoin relative supply goes down.
lol true. but the more influential individuals in the crypto space the better. it's a lot harder to kill something that rich people are invested in
some talking head was making a great point about this the other day. banning something because you can’t control it is what china does. america and its “free market” should be embracing all the companies that are trying to innovate. however, i think this may just end up showing how rigged the systems have become.
legacy finance has accumulated a lot of wealth, connections and political power. it will fight innovation if it threatens the current hegemony. there are a lot of examples in human history where the inferior tech prevailed for far too long.
the fact it can transform the entire financial sector is exactly why they want to regulate
theft are mostly too old to undertand that crypto od the future. most of them do not even understand internet...
what’s sad, is he’s literally preaching to people who likely barely even know what crypto is. yet, they are all voting and have a large say in its future.
preach mike. bid those folk the gospel of the new ordinary. the future! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
> a close 🤔
hopefully we will get there sometime this week or next.
no matter how much we thisagree with some politicians, am sure we all have some middle ground. am just happy to have someone.
i hate to find myself agreeing with any words he has to say. but he’s not wrong here.
is ok to agree with some things of different people. would be hard pressed to find a politician out there that i 100% agree with all of their views, or 100% thisagree with all of their views. as long as it’s positive for crypto, i’m onboard.
you're fine agreeing with ted cruz? that was painful for me.
am i going to see this same statement when every single republican takes a stand? i guess i am on reddit lmao
“grrr i wanted my team to win! i don’t *really* care.”
it is like a... broken calendar, it is right once a year
i would agree even with the devil himself, if he would defend crypto.
all the numbers in your comment added up to 69.0. congrats! 5 + 6 + 54 + 4 + = 69.0
ehhhh dunno your politics, but i wouldn't judge him based on this one statement. he's one of the most hyper conservative members of congress (tea party republican from utah). this crypto issue is making strange bedfellows...
everyone is welcome to crypto and we need everyone on side who wants to be.
>who the fascists are in our government the majority of congress across both parties?
you realize the cosponsor is a liberal democrat right?
the political. we dont need politicians permission to use crypto the way we want to use it.
this is a really bad take. the warner amendment is supported by senators of both parties the critics are from both parties too.
an alternative hypothesis is that “my side->all good”, “other side->bad guys—all bad”, is a naïve and simplistic approach to political philosophy.
lmao i was coming here to say this. anyone who is worried has not been around crypto long enough or is just severely uninformed about blockchain tech. this bill can pass and i still would not be sweating, buying my last dip again 😆
thought he seemed like a good guy until i read lds church they must have stacks of crypto invested from church donations
let our bois fly!
we will win . they can’t stop it.
we just need to pay them more than the banks do. i guarantee you this is happening behind the scenes
for sure! i believe y’all will!
yeah, i'd have to agree. if there is money to be made, they will get on board for defi.
unfortunately, i'm not convinced that all of our politicians actually want us to have a democracy.
if it is the superior tech and there is money to be made, i figure there is good chance.
also: a church seizing on innovation faster than the goverment. mfw.
probably a real benefit when sending money overseas for mission work.
never thought id say this but lds are a bunch of wild boys ready to ball out
crypto is not minting a dollar. it's making seamless borderlands payment systems and stores of value. the currency of any country can be greatly facilitated. cleary a fudster that has no idea what crypto actually is. the banks want this law because decentralized finance will be giving better apr. percentages then them and they want to keep the monopoly going. the system we have now only works for the banks. why should we put our money in a system that loans it to someone else, then only gives us a tiny portion of the return? decentralized finance actually gives us a fair share. crypto is clearly not the dollar its better!
fuck off. you can have criticisms of the banking system without being an anti-semetic fuck.
sorry to be the voice of thissent here but i'll always take free money.
well that would require legislation and regulations. i agree with your logic and reasoning. but defi is free market so as long as people are willing to pay for the service someone will use it, unless regulated away. and even then, getting rid of it in us wouldn't stop it globally. unless kyc rules were greatly increased for everything to include non-custodial wallets etc.
exactly, all threats to our business must be eliminated. is sad honestly.
yeah that is applicable to like, most of the shit on the floor these days
well it is also mike lee and no one who is smart takes what he says seriously. this is not really someone you want in your corner.
exactly how i feel
you are of course right. however, if i had some agreements with mussolini, i’d keep it on the down low.
no. definitely not okay agreeing with ted cruz. he’s in cable companies’ pockets.
how does a calendar break?
are you suggesting that crypto is the sovereign currency of hell? i wonder which coin they use. my guess is doge.
she is got the karma coming friend.
and the co-sponsor is wyden, one of the most liberal democrats. strange bedfellows indeed.
tbh, if the corporate, establishment left were on board with cryptos i'd be very sus. tea party is all about less government and more freedom to put it as simply as possible. shouldn't be a surprise to see tea party conservatives on board.
yeah except it’s fiercest critic is elizabeth warren, the self-proclaimed liberal champion bought and owned by the big banks, and the senile president who already and unnecessarily came out in favor of killing pos without having any idea what it even means. joe biden doesn’t understand how the dollar functions let alone crypto and he came out of left field to make it known that he doesn’t support pos.
conservatives (at least in america) legitimately dont have any policy stances that help those outside of the 1% compared to progressives. my side all good other side all bad is dumb in this circumstance only if youre speaking from a very privileged perspective. all that being said - i do not have much crypto knowledge aside from how similar it operates to stocks. forgive me if i do not think conservatives are looking at crypto in any other way besides dollar signs. make no mistake, i would imagine the largely neoliberal democrat base would look at it the same, just with more hushed language
just like eth !
are you ready to fly, my friend?
it's to powerful to be defeat.
if binance and cb actually get together, with that kind of money we could solve some of these issues sad to suggest that as a solution but it could actually be one
definitely. crypto does not have the influence of traditional banks, but there are definitely enough resources to be lobbying pretty hard. coinbase's market cap is currently around . if it were a bank, it looks like it would be maybe the 11th or 12th largest bank in the us by market cap, not far behind u.s. bancorp.
i agree with that statement. pelosie and warren are anti self responsibility and constantly punish those who try to make their own way in favor of those who want to rely on the government for everything. their idea of america is unsustainable and must be stopped before it is too late
lds surprisingly shrewd investors
work with a lot of lds folks also i believe they make their portfolio semi public
i sure am enjoying 10% apr in stablecoins right now. much more fun than buying bonds to add ballast to my portfolio.
fancy word salad does not change the realities.
the truth hurts (((codebynumber)))
nothing is ever 'free'
instead of politicians listending to their "experts", in the end they are really just listening to wherever the most support.
bwahaha, i’ll give you that. i don’t think this mike lee guy is quite on that level but i gotcha.
some kind of mechanical analog calendar that stopped working? use your imagination, people
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it's both entirely consistent with the tea party ethos and surprising, as the tea party was immediately hijacked by mainstream republicanism before it became a major player on the political scene. it's almost never stood up for its founding values.
yes, i could care less what opinions you hold in your head. if you are not using force on others then you are free to think about whatever ideas you want.
ummm, republican policy is not exactly like a homophobic tweet from a decade ago. you’re right that this is about crypto, however, he will legislate on thousands of other things as well.
the last republican president was anti-crypto. i mean, granted he too has no idea how it or the dollar functions, but it just seems like you're trying to force the world into your own preconceived notions. but, that is um, your right i guess.
i just got my dose of hopium.
they can only stop you if you accept to follow them everywhere they want you to go. they cannot stop you from voting with your feet and get to a place where it is entirely lawful to use crypto.
yeah, it is a pragmatic way to push for adoption, which is great for those of us who are in it for the trade. but, it does mean that we're just replacing banks with exchanges, which undermines many of the goals of defi.
but then we would be beholden to cb and binance. no thanks
crypto makes for interesting bedfellows. from your statement, i would surmise you lean conservative or libertarian? i'd typically fall on the other side of the aisle on many issues, but am equally excited about how defi could benefit average americans by giving them a seat at the table to share in the profits that would usually be earned by bank executives.
say what you will about mormons, they’re pretty good with money. those massive temples lit so brightly that the neighbors can’t sleep ain’t cheap.
who sent you? you must be a banker or someone trying to keep their power over the banking system. the constitution says the federal reserve is unconstitutional, but here we are. an outside agency making monetary policies for us in the form of central banks. bitcoin is our response.
short sentences do not make your fantasy world a reality
tell that to all of the banks and investment groups that got money after the last crash, or in totally forgivable ppp loans, or farm subsides, etc. etc.
but he is not actually an ally, he is just doing this because crypto currency is getting popular on the far right. mike lee probably does not understand the first thing about any of this.
true. but he has some striking similarities. for instance his insistence that the us is not a democracy.
lmao so let us throw the baby out with the bathwater huh? "he has an (r) by his name so all of his ideas are shit, even the good ones!" his constituents must think he is doing a good job. i wouldn't give a fuck if he is pro life or republican or whatever your beef is, he is pro crypto so that is good enough. fuck off.
americans have a harder time thinking outside of their national borders. maybe this will create a watershed movement of nomad capitalists.
way better than the pigs that run the banks
you are correct, i am libertarian that is fiscally conservative but otherwise lean liberal (although fiscal wins when it comes to voting). i still have a few stickler issues that i can back up with solid arguments but for the most part believe live and let live. i am also excited about defi and know in the end will be what saves us from government oversight. i just wish it was a little further along or had better fiat on. for now we must compromise & i look forward (hopefully) to having the us lead crypto innovation.
ok, lds is on board. some politicians are down for it. now, if we can just get the porn industry to fully embrace crypto - 🚀🚀🚀
no the constitution does not say that about the federal reserve and that argument has been flat out settled in the courts for a long time. that argument is a dead end for serious thiscussion on the topic. everyone takes their fiat and buys crypto, banks are already a *huge* player in this, maybe even the biggest one. if we want to change the system for *real*, if we want to squash the pyramid that is our ponzi economy and culture, we have to talk about constitutional amendments. there is simply no other way.
no, the constitution does lmao
that was not for free either, a lot of regular folks paid for that, sadly.
well us is a republic…
why don’t we check out his political stances. we’ve got: anti-voters rights, climate change denialism, anti-lgbt rights, pro-partisan court packing, anti-choice, pro tweeting “america is not a democracy”, anti net neutrality. his foreign policy is not bad. but is he’s your guy, then he’s your guy.
there already are digital nomads in several places. some americans can join the movement if they want. it's mostly remote workers, odd job workers, investors and such, but it is a very diverse community.
it is about time we make other nations wealthier.
this sounds like such a cool way to live. currently, a large portion of my work can be done remotely and over zoom calls. alas, i do not think having a toddler is compitable with being a digital nomad.
you talk about living as guests in other people's countries like it is some kind of virtue.
this. it's just a clever yet pragmatic approach
porn had. lol. check out pornrocket.
but from the banks perspective it was free money
i mean, i've been paying income and business taxes my entire working life, and they used it for these things, as well as funding a global military complex that i thisagree with... i believe i've paid in enough of my own money to get a bailout without a net detraction to others.
lol did you not read my response? i do not know him. i know he is pro crypto, all the other talking points (voter id, pro life, stupid tweets, etc) i truly could not care less about.
i never said there weren't nomads. you think i thought i just coined that term myself? reread what i wrote.
plenty of people do it. check out youtube for references.
lol, success is now assured. now if everyone can just start requiring crypto payments for their onlyfans, and start minting porn nfts.
well, you know him a bit better now.
i was only pointing out the existing nomads. what is it with your previous comment? i do not understand.
only fans is not doing porn anymore. hence pornrocket is where they are going.
wait, why would any platform that has porn stop doing porn? do they want to end up like tumblr?
they are trying to change their image according to their ceo
[tip this post any amount of ]( (by [11:59am utc]( to keep it visible.
blockchan typo in the title reminds me of that “who is 4chan” meme
i'll clap like the entire train did. i love the sentiment, but as much as he has oust them to themselves, nothing will happen, and they will just swap hotseats between central bank execs and government execs and everyone will continue as normal with greasy palms.
u[tipped]( you 0.01 donut!
human greed is the problem, not the underlying currency or coin. crypto has plenty of its own scams, ever heard of bitconnect? safemoon? regalcoin? and dozens of other rugpulls... acting like crypto will magically solve human greed because it is a different format of money is some ivory tower bullshit.
>blockchan is always going to be better than banks sigh. no, its not. decentralized systems can not replace the banking system. they can not create fungible credit which is the essential function of the banking system. say you have a steady income and want to buy a house; a bank who trusts your ability to repay, can create the credit money you need to buy that house. not out of thin air, but based on your mortgage obligation and expected future income. credit money that is fungible, that the seller, because they are not exposed to your credit risk; that money is good even if you default on your debt or get hit by a truck. even if the bank that issued the credit goes bankrupt. you can not do that with decentralized systems, because there is no, and there **can not** be a centralized trusted third party that abstracts the credit risk. not needing a trusted third party that was the whole frigging point of satoshi. but it doesnt provide credit. crypto can replace gold coins. you can not have credit with gold, so you can start reinventing a banking system to create non fungible credit, just like we did with gold, making paper iou promising gold, and then suffer all the same problems and come up with the same solutions until eventually, finally, you will realize that you can just detach the banking system from the gold. or crypto.
this populist whackjob understands neither economics nor banking. his critique of central banks "printing money = counterfeiting" is especially... interesting. using monetary policies like buying and selling government bonds, to help change interest rates and keep inflation in check or to encourage more lending + help economic growth, these are important functions of governance that we all benefit from with 0 effort on our parts. we in the us have the privilege of having an independent + apolitical central bank whose mission is to combat excessive inflation and unemployment. it's called the federal reserve bank. the critique of private fractional reserve banks, esp ones that pocket loads of profits + do all kinds of illegal shit and get away with it, is more spot on imo. but fractional reserve + lending as a concept, is not the problem, and in fact lending is beneficial to the economy. it's just that big banks are not held accountable, and imo, having more decentralized banking .
never thought i’d see reddit giving such probs to a ukip member 😂. for people who don’t know ukip is a racist political party in the uk. this guy was actually kicked out he was so bad. my favourite from him was calling a room full of women sluts…
i am huge fan of blockchain and crypto, but this guy is using pure demagogy and populist talk. nothing of what he says makes any sense. **he is the worse expression of the current economical and political system.** do you think he would support crypto as an alternative to the global financial system? lol. the idea of modernity of this guy is to re-instate the commonwealth and have the queen of england rule the world. he is a ukip member (back when they were in the eu parliament), and he just does what populists always do - using their time in parliament to **babble against whatever institution with nonsense arguments, only to have a video taken of them. they do this so that they can then share these clips with their supporters on social media** with bogus titles such as "our mp destroys the parliament" (when in reality nobody listens to what they say). and btw, look how great brexit worked out for great britain... the moment these guys were asked to be accountable for their blatant lies, they have thisappeared from the political scene.
imagine listening to a populist ukip politician, whose main points of argument are a list of googled buzzwords, and who tries to articulate things way beyond his knowledge - and then agreeing with him. "artificial printing of money \[... if\] an ordinary person did, they would go to prison for a very long time" uhh, yea no shit? governing bodies and their servants are given special privileges, so they can govern effectively. just like this dumbass is granted diplomatic immunity - as a member of the european parliament - for things that i would have to go to jail for.
the guy in the video is a nut job who does not understand banking. why do we feel like it is okay to trust one set of politicians over another. just because their political views might in some minor way align with how you see the world does not mean they are actually smart or knowledgeable. my experience is that extremely few of them know what they are talking about. perspectives like this guy's actually does more harm than good because unless the crypto community understand the real problems with banking, we will make many of the same mistakes.
a youtube link [appears](
who is this guy. he jacked my tits. i’m over here coloring on myself with crayons
in 2015 during the icelandic economic collapse they actually jailed 36 bankers for almost 100 years total (so they are all out now, was like 3 each) ... a few were acquitted but most served their sentence everyone be like iceland
fractional banking is not in and of itself a bad thing at all. aside from that, fuck central banks and yay to this guy.
fractional reserve banking is not criminal, it is genius and it allows us to create wealth from nowhere with little risk thanks to the central bank being a lander of last resort. this is idiotic and beneath us. the problem is money printing, not banking ffs. banking is a necessary idea regardless of the thishonest crap bankers get up 2. *spelling
"how to clap bankers cheeks vol 1"
totally agree, but even most politicans are involved into this. so what can the little man do?!
anymore videos that shed light on this?? this is fantastic. i read a robert kiyosaki book, “fake”, that goes on to mention the broke fractional reserve system that he calls the “mandrake” because it makes money thisappear!
really well said! respect for him! sadly i don’t think it will change anything , if anything it might harm this guy ![gif](giphylevzjzy4w15qedownsized)
all bankers are bastard. fuck the banker
this is the kind of talk i give to my grandparents but they do not understand a word of it :d
this sadly is the continuous banking cycle, jumping ships and covering their asses while the common man suffers then pays for their fuck ups
god i hate chicanery >:(
banks and politicians made themselves our gods so that they could do whatever they liked without regulation or repurcussion. they are answerable to nobody, no matter how much we shout and call them out. crypto is the only way to take back our right to financial equality and fairness and for us to take back ownership of our hard-earned money.
bitcoin not blockchain, the other shitcoins are just recreating the old corrupt system, especially anything pos
haha. after seeing some posts about how people hold their breath and wait in agony for transfers, i have my doubts about people's confidence
eth is far superior…. but bitcoin fixes this
tell me why fractional reserve banking is a bad thing.
the banks earns in our money crypto is is where you earn with your money
i'll start printing my own money, 1 fuckdolar = 0.00000001 bitcoin, suck this jerome powell and friends
defi is the way after all! fuck banks! fuck governments!
i feel that the word chicanery isnt used enough
who is this guy? i hope his suicide was quick and painless lol
he is a bonified g, talks so much sense it almost gave me a semi. i like this guy, anyone who talks the truth and scares the living shit out of the listener is a good soul in my book.
someone hand that man a beer!
totes brutes. i wonder how the banks handled this? banks: *cries in fiat*
so basically what ron paul has been saying for decades.
tell me how much the fdic insures your funny money for?
this should be stickied on reddit itself!
maybe hitler, qaddafi, kennedy, and the others did have a point i wonder who controls the banking system 🤫
imagine being a gambler and anytime you lose someone covers your losses. why would you be responsible or hold back?
so inspiring! haha manipulate all you wants banksters, we aint selling! we're replacing your rigged, broken ass system with code!
this is 🔥🔥🔥🔥. i love this man. moar of this plz!!!
0x05780e... [tipped]( you 2.0 donut!
this is my second favourite godfrey bloom video [i do not see why bongo bongo is racist](
i like this guy a lot… he got some balls
as soon as he finished i'm sure all the banks and politicians leaned in closely to one another and whispered, "so do y'all want to go to chili's or applebee's for lunch?"
dam straight ! - the whole banking system is a fucking scam upheld by the wealthy for their own gain.
true words! prison for criminals!
whole banking system is a scame ...
i like this guy
i live in a different country then this place but surprisingly we have the same problem. i don’t feel bad to the banks. you push people far enough they will find a way around you.
this is old, and it is getting worse
throughout history people who spoke inconvenient truths were treated as if they are insane and were being laughed at, if not killed.
when is this from
it’s been like this for so long the people in power don’t know any other way.
awesome! anyone have a source?
holy shit that guy spoke my mind
too bad the taxpayer does not have the choice to simply not pay.
easy to criticize banks when all of defi is overcollateralized. no counterparty risk for the lender, but that also means no borrowing if you do not have an asset to put in front. not a problem for real estate. financing of stocks and receivables will probably be a thing, although that introduces risks that you cannot directly liquidate. but for companies that need to finance growth, hiring new people, intellectual property, or simply taking risks (and basing the repayment on future cash flows) that is just not going to work.
fractional reserve banking is in dangerous territory now, but if there were zero fractional reserve banking, the middle class would not live in houses that they the ability to own. they would be in a hereditary system where a few families are the landlords, and the rest of us are beholden to them. the problem is not fractional reserve banking itself, it is the irresponsibly low amount of reserves that banks are allowed to skate by on day-to-day, making their positions far too exposed to shock.
here's the only catch with crypto as a hedge against inflation. there is an infinite amount of alts and nfts to "store value". i'm not a mazi, but i think maxies have a point in this regard. this is why i never even signed up to claim free bat or donuts. no judgement on anybody that did, but i just do not want to encourage bad behavior.
this great speech is years ago and nothing has changed...no it even got more worse !!!!!!?
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [bat]("last usage")[coin] basic attention token [btc]("last usage")[coin] bitcoin [ico]("last usage")initial coin offering [sec]("last usage")(us) securities and exchange commission ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(4 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 24 acronyms.) ^([thread for this sub, first seen 10th sep 2021, 19:03]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
this man is a legend.
this guys 100% accurate, love the way you can see people squirming, like ssshhhh dude stop giving away our secrets
link to full vid?
banking is pretty much impossible without fractional reserves. and bad news- this is also the way lending crypto works.
yeah.we believe in crypto and support it but we cannot just cut the bank's out of this line.
is there any way to get a link for this? would love to share with non-reddit folks!
united states feeing reaaaal threatened by crypto right now 😂 if they try and regulate or ban they’re daf for that. we’d all just fucking leave
classic! i love this video
blah blah blah. he’s right. but as another comment outlined, he thinks we should go back, not forward. in any case, nothing will happen. these companies budget for fines from the government. they will keep going business as usual. thanks yuri bezmenov
chicanery is my new favorite word.
michel barnier there, one of the failed leaders of the corrupt eu looking all so i don’t give a fuck…. anyone who thinks the eu isn’t just as guilty if not more as the us government in the degradation of western society is totally delusional.
u[tipped]( you 12.0 donut!
it was a real bummer to hear about his suicide a few months from now.
is he speaking against usury or just saying they are insolvent without the central bank
yes i love this guy
always has been and always will... sec is in the pocket of all these god damn clowns
try taking a finance class at a liberal state college, you'll have steam coming outta your ears. mmmmk
big "i'm in it for the tech" energy
this should be shared
what's crazy is that sec does not give a f about any of this blatant criminality, but instead they want to look into uniswap. they're all a bunch of criminals working together to destroy crypto since it can viably replace their corrupt system.
cryptocurrency is freedom, banking is slavery.
blockchain? hahahaha. its all just another scam in my opinion where the fee amass massive wealth who create it. blockchain! its all a sales pitch. there is zero value in it no hard asset and it can be eliminated in a second stolen and you got nothing. it reminds of a ponzi scheme where people just put in and hope it goes up.
shit this guy gets it and would get my vote!! one boomer who clearly understands unmuted just to listen to his tone edit: turns out he may well be racist and prejudice. so yeh, i wouldnt vote this person
never was a truer word spoken.
block chain tecnology is way better than banking system now a days
he’s not wrong. this was an older clip. i remember seeing this years ago and i thought he was a little bit out there but he was exactly right then as he is now. the only difference is time and most of us normies have seen the consequences for ourselves. die banker die.
lol. am sorry for that
hope you've gotten the answer now?
that's how bad and corrupt it has gotten to.
agreed, calling it out helps but rarely changes anything.
ye, you cannot fix this human bug
bribes are the order of the day with these folks, and everyone's hands are so dirty you literally need to be one of them to reach them.
they will elemente him at it will look like an accident or covid ! he knows too much
sad truth but happy cake day!
ya the sad reality !
it was a very interesting speech, straight to the point.
i do not think anyone assumes it will solve basic human greed and desire for excess- but it does help to shift power away from central systems controlled by a corrupt wealthy few. the whole premise that i think merits second look is how decentralization can be more beneficial to some areas of society, and that capital flows often dictate mass adoption. idk. if crypto gets people accustomed to the idea that there is another way than the one we've been stuck with for generations, i'll settle for that much.
blockchain at the very least puts a degree of accountability where there was not any prior. if every transaction is recorded and anyone can access it, makes it a bit easier to catch greed in the process. it would not eliminate it completely of course but it levels the playing field a bit by providing a record of it.
what is the fraud concerning safemoon?
you talk like fractional banking is something we cannot live without, that is so absurdly wrong i don’t even know where to begin. your entire post rests on the assumption that we need to need to have “imaginary made up debt”. it is very simple, for every debt given there must be funds collateralized.
there are decentralized governing system in the blockchain projects who can vote on whether to support funding for something. i guess that is the equivalent of the credit auditing?
doesn’t matter who it is as long as they support the narrative of banks bad + crypto will make us all rich then this sub will lap it up
he might be an asshole, but he nailed this critique of banks
who could forget his other hit: "british aid should not be sent to bongo bongo land" [
room full of women sluts. are you for real?? 😂😂😂😂
even the very worst people have the occasional good idea.
fascists occasionally say the truth. that's what makes them so dangerous. ukip is a far right populist party, and its people thrive on hatred. it's a fallacy bower to assume that they *always* lie.
i suspected it. people this daring often have a shitty track record.
theres no defined racism in there, its right wing yea but not sure that means it has to be anything more then left wing means communism
>queen of england did you mean the [queen of the united kingdom]( the [queen of canada]( the [queen of australia]( etc? the last queen of england was [queen anne]( who, with the 1707 acts of union, thissolved the title of king. ### *isn't she still also the queen of england?* this is only as correct as calling her the queen of london or queen of hull; she is the queen of the place that these places are in, but the title does not exist. *is this bot monarchist?* no, just pedantic. i am a bot and this action was performed automatically.
i’m not in britain, but his arguments are not nonsense. they all made perfect sense to me, but applied to the american federal reserve and the american banking system. maybe your prejudice is clouding your judgement?
someone can be a complete piece of shit and be right. he's right. everything he said is correct. let's not get lost in the weeds.
yeah, i’ve yet to see money just naturally printing in the wild.
lol somebody likes to suck eu dick 😂
"ahh very rational and logical argument... oh wait, he is ukip? i--uhhh--i mean, what a moron, amirite?? haha buzzwords wooop"
i am not sure why you are interpreting praise for this statement as a general endorsement of the person or his other positions. it's okay to agree with someone on something even if you thisagree with them on other things.
a racist guy who was too racist that he had to be kicked out of a racist political party in the uk, he also has no background in finance and is talking nonsense.
hi 1894harold, you have successfully tagged the parent submission by the title of "*i have never seen someone brutalise the banking system to this extent . blockchan is always going to be better than banks. my money is safer in crypto.*" with *media* flair. *i am a bot, and this action was performed automatically. please [contact the moderators of this subreddit](/?to=) if you have any questions or concerns.*
totally concur, but coequal most politicans art involv'd into this. so what can the dram sir doth?! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
a populist politician who was kicked from a notoriously racist party for being too racist, if you’re liking him after watching 2 mins of him spouting vague nonsense then you’re easily manipulated.
it was better before the 30's when central banks took over and in 71 when we got taken off the gold standard.
i hope you’re too young to vote.
are you trying to ask what is block chain ?if yes,then below is the answer. blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. a blockchain is essentially a digital ledger of transactions that is duplicated and thistributed across the entire network of computer systems on the blockchain.
payments: by establishing a decentralized ledger for payments (e.g. bitcoin), blockchain technology could facilitate faster payments at lower fees than banks. clearance and settlement systems: distributed ledgers can reduce operational costs and bring us closer to real-time transactions between financial institutions.
no it’s not, don’t be deluded. if you really think that then you probably don’t understand the services banks offer.
uwu nani kore block kun
that’s the eu for you….
ya true... anyways its still great to see someone speaking the truth !
it's a classic. but at least the speech remained.
banks being shady, what else is new? as you say, falling on deaf ears i’m afraid.
still feels nice to see that among those old faces, someone still cares
that’s the eu for you.
that's a tool in the toolbox against fraud, yes.
human greed will always exist
who has been held accountable by the blockchain so far?? be specific.
but those behind these transactions are anonymous
you're joking right? it's an obvious rugpull, they are selling vaporware and empty promises to desperate idiots.
>you talk like fractional banking is something we cannot live without crypto can not even do full reserve banking! because even full reserve "credit" is not fungible and requires a trusted counter party. besides, there hasnt been a society in history that was successful without credit. the idea that an economy, especially one as complicated and capital intensive like our current high tech economy, can function without monetizing debt, debt that represents future economic output, is laughable. >“imaginary made up debt” this proves you do not understand the first thing about credit. > it is very simple, for every debt given there must be funds collateralized. that means you only collateralize the past and you can not finance growth, which is in the future, and does not exist yet. ie, you have a system that only works when you have zero economic growth and no expectations or prospects of growth. or a system that actually guarantees that outcome: a fixed money supply representing a fixed amount of real world wealth.
>you talk like fractional banking is something we cannot live without correct. modern society cannot function without it.
a few decades ago it was outlawed for banks to interfere with housing then it changed to let anything happen but we dont have to balance endless debt into powering economies true enough. productive countries can trade real value not iou what we're in now is certain to fail, its just when and how. the banks hope money just fails gradually a few percent pa costing the poorest people their savings etc; it can also collapse in a day
heh no, no it is not. it's a ludicrous comparison
yeah pretty much what i was getting at 😂
a very fair point 😊
yeah this is going back a few years. but they actually all laughed. he claimed it was the old meaning of the word, being untidy or something. i also remember him being on the news followed down the street by a bbc news reporter. the reporter asked him why on this new magazine thing from his political party there wasn’t any people of colour. he shouted what a terrible thing to say looking at the colour of there skin and hit the reporter the reporter with the magazine. the only thing is i can’t for the life of me remember his name. edit: found him his name is godfrey bloom ( sounds like a james bond villain)
you cannot reason with reddit, do not bother lmao
it's a political party full of people who often say and do things that other people would consider to be racist and.
i mean the guy is literally calling quantitative easing ‘counterfitting’. also, do you see him proposing any solutions? no, because he is not even able to frame the problem. he is a fucking clown. end of the story.
he is not right. he is just repeating random buzzwords to trigger his electorate. nothing he says makes any sense. also, you should put it in context: this is probably the eu around 10 years ago. he is ranting about banking because the greek crisis was ongoing. next day, he would rant about whatever other institutions are more trendy. if you are a supporter or crypto, start studying and understanding how the financial system works.
you can thislike the eu and ukip both at the same time. i know this is a revolutionary concept that never even crossed your mind. shocking right?
why would i have anything against ukip if i agreed with their politics? that makes no sense at all. you have not even heard of ukip up until an hour ago, please do not embarrass yourself.
because the statement is in itself idiotic and misleading.
that was enlightening and a laugh fyi dont mock ppl, the education part was good though 👍so many mps its hard to know even half big world remember with many areas to be involved in. as such one cannot know everything
edited orignal remark to reflect the til, cheers
services bank offer i completely agree with you .but tell me scenario after covid crisis 2009 global recession
this is not the british parliament, it’s the european parliament.
the ron paul liberty report. he’s still going strong.
too bad he left a real pile of shit behind…
lol! this isn’t the british parliament this is the eu parliament.
once said and heard, it cannot be undone. more have echoed these sentiments of late
people slowly speaking with their cash though. eventually they have to listen, right?
and practically every single government out there
huge speculation at the moment but word is gamestop and ryan cohen are making a nft exchange through loopring in response to the hedge fund fuckery in january. would tokenize their stock in some way so no more counterfeit shares
no sorry. not involved myself but a friend is and this is the first time i've heard that so i was curious. thanks
in crypto future ev is collaterized not through credit but through tokenisation. that’s why projects are able to fund themselves through an ico.
hahaha, what a guy. knowing nothing at all about him. also because i have the same standpoint on the matter. the 'inclusiveness' is going way way way to far and only enlarges the differences. i remember a time when this started on dutch tv. i think they even called it something as positive thiscrimination or something. 'every show must have a diversity or they are bad people'. but knowing it is not coincidence but actual racism that happened on that cover makes me sad. **racism = bad.** on his point on banking: i tend to believe his point and approach on the matter. only i'm not capable enough in banking.
it is hardly different than counterfeiting. what part of the metaphor do you thisagree with? new money gets added to the whole. it has purchasing power which someone gets. that ‘someone’ isn’t you and me, but the one who actually gets the money. the politically connected ‘someone’. this whole scheme is why i got into bitcoin and other fixed-supply assets.
my dad was a banker, my brother is a banker. i know how banks work. banks do lend out money they do not have in the usa -- every loan or mortgage is money printed on the spot
uh-huh. i have not heard about ukip before. what a comeback, really made me a fool. i was actually born yesterday too. you completely missed his point. doesn't matter if there are "special privileges" for government bodies. his point is they should be held accountable, and stop using the people as lapdogs for bailouts, and paying for their mess-ups. but no, your argument is "it is ok to bootlick and turn a blind eye to globalist governments and big banks as they screw me over. they have the power, they can do whatever they please. also, ukip bad".
that response makes it all the more strange that you feel the need to attack it by association rather than making a counter argument against the actual statement.
i was being dead serious but agreed can’t know everything.
okay so how would you get a mortgage with blockchain? how would you get a loan to start a business? how would you safely store your money in an insured account ?
his channel's the best!
i don’t thisagree. i have a lot of mixed emotions about him retiring. on one hand, he fought the good fight for many years, and his words fell on deaf ears. on the other hand… he gave up when i felt like we really needed him, and his son has seemingly went full neo conservative ah la trump, and that was sad, but kinda saw it coming.
lol. that’s been clarified, thanks.
i hope so. because the other path is bloody. honestly the 1% can only hold back the 99% for so long their best methods so far are to thistract with religion and once that started failing they found an even better one. make you hate "the other side"
because making something a token instead of paper changes what exactly? nothing! the token can not represent a counter party risk and be fungible. its just like a paper iou. your trusting bartender or friends may accept a "good for 10 dollar" paper note you signed, or a blockchain token that represent the same debt, but even if they do, they can not pay their suppliers or creditors with it. its not fungible as the counter party risk (ie you paying back those 10 dollar) is not abstracted by a mutually or universally trusted third party. your 10 dollar iou is not money. a bank issued 10 dollar iou is. you need a banking system or something like it to issue the paper or the token that represents your 10 dollar debt, and take on the counter party risk. you can not decentralize that! >that’s why projects are able to fund themselves through an ico. thats got literally nothing to do with credit.
the organizations benefiting from qe are companies and governments that get their bonds purchased. it has nothing to do with ‘purchasing power’. qe helps governments and institutions lower their cost of borrowing. the rationale is to push institutions to give credit and transfer the money into the real economy via investments, lending, etc. conceptually, counterfitting is to create fake money. this is not fake money. it is actual money. we can thiscuss whether qe works (it has shown not to be effective), or whether a deflationary currency would be better than an inflationary once (it would not, it would cripple governments and citizens), but at least you should know what you are talking about.
i'm not going to attempt to explain to a redditor from across the globe (na i presume?) everything that is wrong with ukip. they are the epitome of unaccountable and hypocrisy. but you wouldn't know, you're unaffected by their politics -- good for you. hope you're having a nice breakfast.
because the title of the post literally says "i have never seen someone brutalized the banking system to this extent..."? to which my response was that yeah that is because he is a nut job who does not understand how the banking system works. the unfortunate part of internet thiscussion is that people generally make unsubstantiated arguments that sound good in a context free environment and it falls upon the responder to provide the entire context that shows why these statements are illogical and uninformed, only to see the same dumb argument pop up in a different post. yes, it is lazy to simply say his statements are idiotic but there is very little benefit in typing out a full explanation of reserve banking, why it works, and why defi, which this community mostly celebrates, is just a logical extension of that.
you would rather i cannot or do not vote. instead of educate on who to vote for? hope nobody ever has to learn anything from you
probably why people like him have a voice or seat. people who think, or do know better, just lecture or ignore those who do not
that's a really good point wait a min are you misunderstand it you think what i'm saying is abolished banking system completely ?
and walks. hope its moving to the right areas
...but it cannot sing and dance ' ...and it cannot walk
yes religion created and prolonged the dark ages. someone always wants to stop progress because they will loose out. as you say, they now try to split us into sides and groups. race we where never given equal chances really, we were born into a class or religion or group and that dictated much of our life
if you add abstractions and layers of complexity, it can make it sound like something it isn’t. but under all those layers, you’ve got institutions getting access to credit at rates that are much lower than mine. and bonds are a way of taking debt because you (ie, the government) can spend that money today and it gets paid back by future governments. i think thomas jefferson said it best; “i sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
i've done my research. it's called the internet. you show nothing but ignorance and snobbery right now. i'm actually having dinner shortly. my timezone is 6 hours behind you, but close enough i guess
you seem to have written a lot of words to not bother making any actual argument against the statement. how much of a nut the guy is is relevant to me. even nuts say things that are true from time to time.
bro, you’re entitled. other people on reddit are not responsible for educating you on who you should vote for. i, on the other hand, am entirely entitled to throw a jab at someone declaring allegiance to the most obnoxious member of ukip during my lunch break.
well where would you even start? for one, banks are not printing fictitious money to lend. they're simply lending a fraction of their deposits. would you not expect that to be the fundamental role of a bank? second, this has been a practice of banks before any monetary or regulatory authority. what reserve banks do is mandate a minimum at which the banks need to keep a reserve. the fictitious money, this politician is alleging, comes from the fact that people who borrow money ends up spending or saving it, whereby the money ends up back at the bank and creates more money. this how any asset interacts with time. if you borrow 1 eth from a smart contract, you can then deposit that same eth in a new defi contract and loan it out again. in simpler terms, if you hold a dollar in your pocket for a week, that is one dollar in the economy but if you spend that dollar, and it gets respent five more times in that week, the actual amount of money in the economy ended up being . these mechanics are fundamental to economics like gravity is to physics. the person in the video is taking advantage of the fact that the masses do not understand these concepts.
well crack on jabbing mr. fiat miner
calculating each use of the dollar (monetary velocity) is not remotely the same thing as fractional reserve lending.
they're not the same but i was using it as an example to illustrate the difference between stock vs flow measurements.
okay i'm not sure that was in thispute. back to the fractional reserve then, i do not think you understand it, if you think that it means a bank loans out of a fraction of the money they are holding on deposit. what it actually means is that a bank is loaning out a multiple of the money they have in reserve. the banks are essentially creating money out of thin air. they do not hold the funds to back up the money they have loaned out. if they screw up they are insolvent and you end up with a bank run situation. they have fdic insurance to give people confidence that that would not happen but that is essentially just somebody else printing money to cover their losses if they screw up.
this was the entire point in the stock vs flow thiscussion. the statement they lend out multiples (a flow measurement) of their deposit (a stock measurement) does not make an apples to apples comparisons. they do not lend out multiples of their deposit if you use stock or flow measurements on both ends. dishonest politicians love to use this confusion to make it seem as if banks just print money out of thin air when in fact its just how money gets redeposited and loaned out again.
sounds to me like you just want to reframe the same thing with nicer sounding words.
so in your opinion, how should a bank work?
while there are many practices banks engage in that i do not particularly care for the problem i have with the industry comes from the top. i do not think that either a government or a quasi government entity or whatever you want to call the central banks (or anyone else for that matter) should have control over the currency supply. i also do not think they should get to dictate who does and does not have access to the financial markets or the ability to transfer money. individual banks i think should be allowed to operate more less however they feel like operating so long as everyone has the choice whether or not to do business with them. the reality of our current situation is that starting your own bank even if you have millions of dollars at your thisposal is essentially impossible for legal reasons, so you're forced to work with the existing players, under existing policy and regulations.
that does not really answer my question. what should be the fundamental job of a bank?
in what context? do you mean to ask me what i think existing institutions in the legacy financial system should do? i do not think central banks should exist at all. i do not really think conventional banks as they have existed historically necessarily need to exist at all in the future either. i think for the time being while the legacy financial system is still necessary to interact with for the vast majority of people and for the vast majority of business i think their job should be to facilitate financial transactions as efficiently as possible without thiscriminating against people based on who they are what kind of business they run. i do think the existing institutions can and should pivot to providing services on decentralized networks i think there is a lot of business opportunity there for them.
your answer is pretty telling. this was not a nuanced question. this was simply asking what the fundamental purpose of a bank is. this was not a quiz or a gotcha question. it was simply to get your opinion. behind all the rhetoric and groupthink of the anti-bank crowd, most people making the anti-bank argument do not actually understand why banks exist or what their primary function is. there's very basis for a sane thiscussion on this topic without this foundational knowledge.
it's not a simple question. a lot of institutions are called banks. central banks are not the same as investment banks, or the place down the block i cash checks at. there are a vast array of services that these institutions provide, and their business models vary dramatically, you really need to be more specific about what you are asking if you want a meaningful answer. i am not against all of those services existing, or really any of them. i just do not want people forced into a system. if it is voluntary i am fine with it existing.
nice! i was going to buy a boat but decided to invest it in eth. could buy a bike now!
moment when the money has already run out, but the dip must be bought
you made a investment in a appreciating asset vs a depreciating one... your future self with be thanking you!
just set aside 400’ll be solid 👍🏽
you'd be able to buy several tesla's in a few months.
noice... now you can get yourself a node instead
well done! one day your eth will be worth 10 teslas!
bullish. i remember i test drove a tesla in washington. the woman said what will it take for you to buy now. i'm like madam my money is in investments lol. this was 2017. i test drove another model s in hawaii in 2020. i feel like in 2023 i will probably be ok with buying...or maybe not. my 2019 elantra is great. model s is a cool car tho.
swap that liability for a validator node that will provide you passive income for the foreseeable future. then buy your tesla with the money you watched grow from staking 🙌
i never gonna buy a tesla. i don’t like elon musk and he should not get my money 😂
where did you get all that money?
given your name and post, congrats on not being a maximalist! hope you do well on your ventures.
good man. buy the electric bmw super car with your profits next month
if eth goes way up in buying one and converting it over to run on coal.
the real power move!!!!
i live in a box 📦 just to have more eth, now that is commitment! eth better hit 10k by the end of year or this box is going to be all i got. ape strong we hodl eth to the moon 🌙 🚀
shoulda. got some rvn coin instead
suck on that elon! your money is better off in crypto than in the hands of that douche.
good job op! buy that bike and ride it to work!
be sure to use a stop loss so you can get a re entry with less of a loss with your trade.
good move. why buy an ugly depreciating piece of metal when you can own pristine collateral.
smart play. good on you.
a tesla check? better hurry up and cash it
talk about taking a liability for an asset!
gigachad club up in here
in 5 years you will buy the tesla like it was pocket change
ffs at least let it bottom out first...
dude!! you’re going to be able to buy 3 tesla model x’s in a year.
i would have done the same thing… but there will be a dip before the run up soon. i know this because of confirmation bias... and also other posters aligning with that bias.
nice dude. i’m stacking eth up as i go but it’s pennies compared to that lol.
good choice… can buy a lambo with this in a years time
imagine just casually having . this needs to be me in 10 years.
i will dream of owning a whole ethereum for each upvote i do not get.
i'm coming back here with an award for you, sir.
you made the right decision! the other option would be to short tesla
now that is some move but i doubt you hurt elon.
a very correct decision !
wow perfect for staking! 👍🏼 such wise investment! your eths will worth 10 tesla x soon! and 100 tesla in a while lol
you my friend, have earned my respect!
wait till it’s below 3 digits 😉
i came in my jeans when i saw this post...lets gooo!!
🤗 are you going to stake it all?
elon be like ” we are accepting eth as payment”
reddit reminds that i'm poor, is this a sub for this?
don’t worry, you’ll be able to buy 6 teslas with the eth you snagged by end of year. keep being awesome 👍
one is a depreciating asset other is an appreciating asset...no brainier.
cancel anything from tesla is a good idea. musk is a traitor of crypto industry
before the fud musk tweet , i was dreaming to buy a tesla, but after his tweet i will never buy a tesla, even if he will change his opinion so i'm very happy about your post!
excellent!! f¥€k elon - and f¥€k tesla too!! bastard pumped the “adult rocket token” and i sold that night. i want nothing to do with anything to do with him. eth is the way i’d like to see you run a flash loan smart contract on btc chain.
good choice. piece of shit car anyways.
should of bought , come back and buy hella ether!
you ll be able to buy 10x tesla in a couple of years with that money
are you still using checks in the us?
if for any reason you change your mind of buying 💩 car . park it somewhere and rent it out as a fancy portable bathroom at public park. turn the tesla car into a portable bathroom with a fancy battery pack. 😂😂😂
worst decision of your life except the tranny you banged behind the dumpster.
i drop out from college and buy eth from college fee.
someone’s been reading rich dad poor dad, eh? good for you! !remindme in 1 year
upvoted!! please upvote back
elon now will thiss you on twitter
oh! ether is the deal...we at the tail, below 1 eth...any hope for us?
nice one! i hope you crush it.
do you mean that your tasla was a store of value?
you were an idiot in the first place to even consider tesla, shame on you
very smart. stake and chill 😎
best way of showing them the middle finger. well done!
ill buy .15 a matic for each upvote!!
what do you know that i dont ?🧐🤨
show us all your eth purchase as proof 🤙
i remember reading when back in 2013 someone paid around 100 btc to buy a model s. i initially thought “what a great deal… that person probably only paid a few thousand for those 100 btc and now they just bought a 100k car!” of course the crazy thing is now (even after the may ) you could buy 30 or more tesla’s with that same 100 btc! curious how many tesla’s you’ll be able to buy with roughly 50 eth a few years from now!
hope fully in a year you can buy 10 tesla’s :)
plus, fuck tesla and elon.
this is the best time to buy more... the dip
another story that did not happen
because you want the the roadstar 💪🤓
one of these things is not like the other…
please sell your eth and buy the tesla we in a bear market
physical silver: also check out kinesis and kvt and kau and kag
letssss gooooooo. big brains 🙌🙌. my kind of investor!
yesssss. you’re a true boss.
this place turned into a cesspit
that's crazy damn i hope you got more ada and oro as well for multistaking
this is the g damn way
investing in any appreciating asset rather than a car would be a smart move.
arr she blows! will take an eth if you have one going too!
you’ll be able to buy 10 down the road a little
you will regret that decision
good thinking. screw tesla
dude. why would you waste money on such a piece of crap car. best decision you’ve ever made!
that's pretty baller lol
i'm doing a survey of any potential sources of funds that i could stick into eth. can't find any. so, i'm thinking that a lot of people are going to make a lot of money while i'm going to make a nice return on a more modest investment. i've reconciled myself to be happy with that.
f elon we’re not selling!
i'm pissed i could not liquidate more securities to buy more dip. fuck me.
that’s alooooot of eth
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [ta]("last usage")technical analysis (or trend analysis), examination of past performance to predict the near future ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 6 acronyms.) ^([thread for this sub, first seen 26th jun 2021, 20:57]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
using dollar cost averaging i'm trying to figure out my strategy. first, i need to price my eth holdings. then, what's 2 times 0?
perfect , elon has enough money and he’s trying to tank crypto and hurt people like us
tesla’s are ugly as hell. i don’t understand the fascination get a real car
what model? i guess my subconscious inflated the numbers for this car.
nice job op. i’ve also put off buying one because we all know eth will hit -.
beautiful my man. makes my stomach turn when i see people buying top % of its value before it makes it home. congrats on securing your future
it blows my mind how people spend that much money on a guaranteed depreciating asset
good for you! the x is butt ugly so you will be better off without it. i mean the other teslas isnt pretty but the x looks like i chineese guy tried to copy a japanese car and failed...
i dont give a schhhit...
why would you ever buy a car as expensive as that unless you're a millionaire at a minimum?
i will buy 1 eth for each upvote lfg!!!
after this i'm free to honor myself with one ramen
you cannot ignore the thiscounts.
you made a investment in ~~a appreciating asset~~ **fake internet coins** vs a depreciating one... your future self will be ~~thanking you!~~ (to be determined)
tesla’s typically don’t depreciate like normal autos do. plus with fsd you could have a robo taxi which could earn you income everyday!
currently, it is the other way around . . .
why buy a depreciating asset!
i have a donkey i can ride
that much in 5 years is going to be millions
about 2.4 eth or % apy interests enough to buy a used honda in a year. noice.
tell me more about this, please.
this is how i feel about charles and cardano
for real! i actually bought and paid in full in december 2020 for april 2021 delivery and it kept getting pushed back (now q1 2022) ... i would’ve 4-5x my money by now!
luckily he doesn’t profit from any tesla auto sales. the only reason tesla makes any profit is due to them selling gov carbon credits they got for free. it’s the most overbought, overpriced, over leveraged company in history. the brightest minds in finance are shorting it billions starting this quarter. michael burry (big short) uses 530
well im not buying an electric car period, so a tesla wasnt happening anyway
real estate and stuff
to be honest, i used to be a btc maxi until i realized i was becoming more toxic on views of crypto as a whole and then i snapped out of it and remembered that the reason why i hodl bitcoin was for the technology. then i found eth.
i also dumped my tsla stonks!
if eth drops below ’m selling my entire real estate portfolio to buy the dip and live in a box with you
i mined a ton of rvn from back in the day
this is the wei.
came here for this comment
i work from home and eat hodl noodles 🍜
pretty sure you pay a deposit that is a percentage of the total value. i have not looked into it a a few years, but it looks like they still reimburse the deposit as a check. in the credit card r, at least a few years back, this was an easy way to meet a minimum spend on a new credit card's opening offer. make the deposit with your cc, get it refunded as a check, deposit that and pay off the cc, profit.
there's one!! how much for an award?
need to post proof
if you buy eth for all of that ,000. you'll have half a million dollars when ethereum hits 10k in a year or so. now, that is called a great investment. remember to dca in. and remember us when you are rich rich.
now you have to buy 294 eth!
1.2k eth show us the order brother!!
might wanna gift me 1 eth? 😂
love the passion but sheesh 1 eth per upvote!?! … spreading the love mah dude!
is this where like i give one upvote and you send 5 upvotes back once they get out of customs?
there you go. one more.
how about you give meeee 1 eth for every upvote;)
my dude fuck tesla. in a few runs you gonna be riding a ferrari. fuck elon.
i own eth but this made me laugh
they do not rise in value either.
i'll believe that when i see it lol. cars are money pits
fsd would not happen this decade, do not count on it.
they still require maitenance which costs money, even if you do not really drive them that much.
why buy something that it is not eth?
model 3 holds its value good doesn’t it?
as a tesla owner...this has been the most fun i have ever had losing money! it has ruined all other cars for me. even years later i look for reasons that i need to go the long way to drive it more :)
i'm no fan of teslas either but currently they are not depreciating assets because of the shortage. a one year used one is basically same as new because you can get it way faster. also rav 4 prime function, reliability, and toyotas hold their value better than most cars
it actually has a pretty decent resale value, sooo...
i saw it phrased as “why trade your assets for a liability” in a comment about buying lambos and that phrase has stuck with me
it will go down more. just wait
put a down tiny down-payment, finance the rest thru tesla at tiny interest rate, leaving the rest invested. win win.
actually, it’s not even an asset: it’s a liability in thisguise, lol
you just got 84k of a worthless unbacked internet meme
donkey only needs to eat like twice a month, in case you did not know
then throw it all in!
the point of running your own node is that you get the whole \~8% yield. also, with inflation a used honda might cost .
that’s what i dream of
why do so many people thislike him? genuinely asking because i don’t know much about him but people in this sub seem to despise him
yeah that feels bad to even hear about. well, hoping that your crypto investments do great buddy!!
damn what do you do for a living and how do it do it
i used to like musk and tesla...whilst i still think is a nice car (which i’ll never own because it’s a liability) i totally changed my mind about that ceo... he’s a wanker
he also thinks crypto is the greatest speculative bubble of all time
so funny i do not care that the tesla is electric...all i care about is the automated driving= life changing
nicely done. let us hope the eth goes through the roof and you'll retire with plenty
heeeeerd that. i appreciate btc as well, along with a few others but its a short list.
yeah... i’ve seen a few here in southern california and they’re sick. they look like a snub nose version of a ferrari
shut up and take my upvote!!
dang, and i just entered into a locked staking contract on binance a few days ago -\_-. does anyone here know what kind of % apy you'd get by staking on ledger? trying to figure out if it is worth it to get out of my contract and take the hit on the 0.8 dot withdrawal fee from binance (which is a lot when you only have 11 dot to begin with). i have never heard of spdr tho so cannot comment but it looks decent if its built on dot.
i think dot does not have much room to grow more this month. i am putting my profits in spiderdao, tvk, zero tokens for now. spiderdao has released some nfts & nest staking programs so probably it is is easier to hodl while earning staking rewards on it.1
i’ll stake it all! thanks for the gold brotha!
yea, by sending all upvoters 1 eth each
is 500k rich rich now lol? i think most today would expect to retire with more.
hey now, that sounds a lot like financial advice. you wouldn’t be some sort of a financial advisor ?
neither does eth lol (jk... kinda)
look on auto trader, 2 and 3 year old teslas only lose a few percentage points vs a cadillac or lincoln. then there is ford raptor and c8 corvette, both have made profit for msrp buyers.
tesla's do not require much maintenance at all, way less than ice cars.
if there’s an eth food that’s all i’ll ever eat!
right now tesla due to shortage of supplies of silicon and new factories delays prices are up. most cars are up actually selling over msrp but tesla and exotics are up a lot more than others.
sweet i’ll do the same for my lambo when eth hits ,000!
glad to hear that i’ve owned tesla shares since it was 70 presplit and i am fascinated by their cars. yea the shares are overvalued blah blah but it done me well. love eth, love tesla i’d love to get one someday would a basic model be reasonable in the north east us?
buy eth now and sell for 5x in a year for ,000 or buy tesla and sell in a year for ,000
yep! his name is senor and he eats my grass so i save on gas to buy more eth
oh i thought it was 5%! that’s some scary inflation!
personally i do not like him because he constantly bashes other coins, previously took credit for being satoshi himself, tends to have superiority complex, goes on hour long monologues talking down to people, and much more that i've come across that throws me off. he was kicked out of ethereum because he was difficult to work with. now he is all over social media trying to redeem his image but he comes off very sleazy. i'm sure he is changed and a good guy or whatever, but i just do not trust him.
yep i did it for tax write off purposes... seemed like a good idea at the time since i already hodl a good amount of eth.
he had me fooled too. i used to think he really cared about changing the world. but his actions show he only cares about himself. and doing things he wants to do, not what helps the entirety
it was never when tesla but when lambo 🚀🚀
whoops, i definitely misread that as .
you're welcome! happy earning! :)
those awards. you made it.
its all about your perspective. i live in a 3rd world country, 5k is rich for me.
you forget that insurance costs go up with the cars value too.
eth requires less maitenance than both. dont know why tesla car fans get so defensive about it, the comparisom is buying a tesla vs using that money to buy eth
i heard the average price of a new car is 41k seems like a lot but inflation i guess? and “chip shortages”
butt they look so uncomfortable... :)
i would absolutely say so. i am in the frigid midwest and have no issues really in winter. the weight and low center of gravity make it the best car i have had in snow as long as you have winter tires.
5x! damn. hopefully it gets there, that would be the dream for you and me both
dca in then taycan out
it's not 8, it is 6.5 right now i believe
wow didn’t know any of that. anyone claiming to be satoshi is just pathetic really.
unfortunately & with my biggest regret, he’s a master of puppets
i'm not, i think eth will bring him more money in the long term than a tesla even if it has fsd but i'm just saying tesla's do not depreciate in value like normal cars. look up a used 2017 tesla price vs any other ice vehicle. plus a tesla could earn you income with fsd as a taxi, that is all. i do think the eth will make him more money but it has more risk, definitely more reward too but more risk.
maybe because of gpus (chia coin) from crypto mining
getting a urus bc i’m a fatty — huracan for the girlfriend because she wears the pants and i’m gonna be a soccer dad
eip1559 and eth 2.0 in q1 2022 is less than a year away!
you have not heard of the triple halvening?
this is the way 🙌🏼
congratulations. you are a billionaire in a lot of third world countries. 5k is more than i spend in a year for everything. not all third world countries are equal though. even i'd be rich in iran as = 42,000 iranian rial. 5k would be over 200 million. i hope you feel rich. lol i'm just hoping i can move to a first world country from my crypto earnings. definitely not moving to texas after seeing that ac bill.
no one mentioned ice cars until you did dude (on a thread of investing in eth or buying a tesla) , get over it already.
try 80k truck now
we are so behind in chip manufacturing as a country. china and taiwan whooping our ass?
now this is a lifeplan i can approve of!
more light to those with zero experience!
learn solidity and get in thiscord.
the thread is literally about eth and tesla, mentioning an ice vehicle is relevant.
aha but for real she’s a psychiatrist and i’m just a computer nerd that found eth early
it's not, i know it is very hard for a tesla fanboy to not mention ice cars for more than 5 straight minutes, but this is not about buying an ice car, much less about ice cars vs teslas it's about a person that decided to buy eth with the money he originally planed buying a tesla with. like i said, let it go, it is already becoming sad to read.
ice cars depreciate much more in value than a tesla, tesla's do not depreciate much if any at all and could make money, still relevant. will eth make more sure? buy my point is still valid.
i want one of those new corolla hatchbacks. i do love honda’s tho!
that’s so awesome! i bet it’s beautiful out there. be safe my friend! crazy times out there, god bless!!!
[tip this post any amount of ]( (by [1:57pm utc]( to keep it visible.
loose monetary and fiscal policy for years, trade wars and supply chain thisruptions, and a crippled labour market -- the perfect storm for where we are now.
"inflation is when you pay fifteen dollars for the ten dollars haircut you used to get for five dollars when you had hair" - sam ewing
no shock here...feel the inflation every time i go to the grocery store. feel like i have taken a huge paycut over the past year or so since my raises have not come close to cancelling out the crazy inflation.
eth is deffo gonna be 10k
i'm sorry, who is shocked about inflation? it's literally all anyone has fucking talked about for the past year.
and salaries are still the same.
inflation is transitory, for changing fiat into crypto.
this is kinda bullshit. put the blame where it lies. the ceos are looking at our raises and saying well then they can afford price hikes.
fuck each one of inflation banks or whatever
money printer went brrrrrr people now can’t afford their heating, brrrrr
what a fucking scam coin, that shit coin has a whole scam county attached
exactly, they print money out of nowhere, and then people are surprised. i do not understand why so many people question tether about its reserves more than they should ask their governments. the usa alone has the biggest debt in the world and still printing money!
the media is just pretending to be shocked, so we get shocked.
a lot more to it then that, but yeah. the printing of 7t is not whats going to cause inflation, the spending of 7t is. and we've only spent a fraction of what was printed so far. point being, its gonna get worse over the coming years.
because people want “free money”. no such thing.
inflation is transitory means it transists from one generation to other generation.
“no economists saw it coming!”…. yea right.
m1 has increased by 18tril in the last 2 years…
"it is due to supply chain"
who could have predicted this??? >but the plan, if approved in the form trump officials outlined on wednesday, could add inflationary fuel to an economy already running near full capacity, a risk federal reserve officials have been warning about since trump got elected. [...] >an estimated up to , especially if not all of that money finds its way into productive investments, or drives price and wage hikes. *[me: it did not. it was used for stock buybacks]* >“the premise is that all the tax savings get plowed into high-return investments to generate growth. but if they don’t and they just get churned around into m&a and other financial engineering things, it’s even worse because you’re raising risks elsewhere in the economy,” said mark mazur, former u.s. treasury assistant secretary for tax policy during the obama administration, now head of the urban-brookings tax policy center in washington. (an article from 2016 thiscussing the potential fallout of trump's corporate tax cuts.) **edit:** imagine defending trump's tax cuts. do people not realize that they did not actually benefit directly (or indirectly for that matter) from them? they messed around with the withholding, so you got an extra . despite your *actual* tax bill staying the same or even marginally increasing. they tricked you. but, on the other hand... there was ... either way, those "cuts" expired anyway and weren't permanent like the *important* cuts... they were just a token "tax cut" that the trump administration used to sell the average american on what was *really* important to them: the permanent corporate tax cuts. the (ongoing, because the corporate cuts were permanent while the individual "cuts" expired) corporate tax cuts that are used for nothing but stock buybacks and other shady accounting tricks that does nothing but line the pockets of corporate executives and massively increase the pay-gap between those executives and the people who actually work their ass off at the company every goddamn day. and everyone involved knew this. it was the point. and people in this country are fucking stupid, so most of them fell for it.
who is shocked? i was worried about this after the first stimulus check lmao
first of all, high inflation is bad. especially for lower-income households and any sane society would add measures to help ease the negative effects. that being said, the world economy has had an incredible economic recovery after the covid pandemic. assets do not exist in a vaccuum. money supply is obviously a contributing factor but there is much more. distributing money has kept the economy up, leading to growth and employment records in about one and a half years after the crash. that is incredible. inflation is a price to pay for that, but it is definitely worth it. it is a secondary effect that is overshadowed by the primary benefit of not having a decade of economic downturn. now the focus should be on helping out those hit hardest.
dont forget crippled the supply chain and the production of goods people wanted to buy with that extra
everyone demands free money until it comes time to pay it back! nothing is free and if you got 10k in stimulus, you will pay back 100k. you get to pay billions biden sent overseas. inflation is a way to steal from low income without raising taxes. you did not actually believe we were going to build back better did you? i seen it coming and moved my money into assets that rise with inflation just like the rich people are doing. doubled my investments so far.
elections have consequences. remember that in november
meanwhile i'm here, just [watching the burn](
i was shocked about the printing now you have the results
that money was not for goods and services it was for stocks and hard assets, goddamnit. sociey really dropped the ball on this one.
i feel inflation when i breathe...
this has never happened before, and here it is again.
i shock, just exhausted of screaming into the abyss.
we should have listened to ron paul.
yes, it will transition to a weimar republic style economy in a few years.
there is no inflation. just corporate price gauging
they print money every year. 🤣
the been printing 1.6 trillion per days for the last 3 months. look at the reverse repos.
thanks joe and the always helpful democratic party for the chocolateraisinhead saying to read about “economics” here are the receipts buddy, it’s almost like something happened in january 2021 to cause a spike…. hmmm 🤡
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usd devs have no clue about tokenomics of a "stablecoin"
yeah idk what people thought the stimulus was. if everyone gets something, that thing is less rare. which means that same thing will have less value. inflation
so out of curiosity, why is there inflation in pretty much every country in the world right now? because the us printed 7 trillion dollars? we have been massively printing money for years but inflation has been bad the last year. why do you suppose that is?
euro area is like 5%. us is growing fast to 8%. but according to jerry, cbdc will save us all.
printed 7 trillion and we are all still broke. sometimes you just have to sit there and realize how dumb we can be. missed opportunity. when are they printing the next 7? i want to be ready this time lol
but muh modern monetary theory
how dare you point out how stupid i am… 😅
hmmm that’s odd 🤔
hold my check book and watch this ...
we need to burn dollars like we burns coins
plus adding to the national deficit
the central banks and other bad actors want this. they don’t want to solve any monetary problem, they want a reset after they suck up a lot of the recently printed fiat, then convert it to other assets, then reset currency. there will be a reset ,only question is whether it’s instigated by them (very bad for us), or its instigated by the people and those leaders that work for our best interests (very good for us). mark my words
financially independently is only a meme now, thank you mr powell!
what is source of 7t?
we the country spinning tires out of the dirt path, throwing rocks jamming skynard ... just to run outta gas ... yeah we plan like that
i do not know why not everyone just invests usdt in bitcoin? it will really save money from inflation.
i don’t know your statement is exactly true. all through college i worked as a mcdonald’s manager. i graduated in 1998 and went on to work in my career. at that time i left mcdonalds,the price of a value meal was three dollars and some change. today, those same value meals are triple the amount and actually smaller in size.
yall wanted those stimulant checks and iran needed their gender studies.
who extacly is shocked?
yep. i am in pretty good. happy to be here. i try to help out too.
thank you democrat party
inflation was coming and we should have seen it coming. it's nothing new.
fed officials long had said they expected the inflation surge to be “transitory,” as it is being driven by supply chain and demand factors largely associated with the pandemic... el-erian said the fed's recognition that price pressures are not going away is essential to making the proper policy decisions
poor? just print money bro
inflation is everywhere and that is a fact...
printing new money tends to create inflation unless excess money is removed from circulation by higher taxes
one point per trillion
who asked for covid protection by fear ? now the population has to pay... the ultra riches ;)
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dude it’s corporate greed not money printing that inflated prices…
i wish there was a burner wallet for usd
i did not understand a word you just said
just about every nation on earth is having high inflation. it's the lock-downs and supply chain thisruptions. fewer workers, fewer supplies, post-lockdown spending spree after a period of people saving, etc. also, low interest rates are likely causing a part of it. also keep in mind boomers are retiring en-masse. that's a massive generation--it is leading to a worker shortage. "printing money" is not 100% correlated with inflation.
fuck fed and fuck inflation, fuck government, and fuck banks too.
seems like a good time to convert to eth
yep, that is exactly what's been happening and it is getting worse.
so true. i have decided not to take hair cut for now, want to save some money and some hairs for future.
my haircut was . they raised it to . recently went up to . there is still always a wait. they need to increase it more.
but wait, now that you dont have hair i guess you do not have to pay for cuts lol
yeah it is kinda accurate but, do not take it for 100 percent true.
i feel the inflation everytime i take out my wallet and pay for anything i buy.
fed prints inflation sky rockets me: \*surprised pikachu face\*
its really not surprising, but with interest rates on the increase i think we cans ee some reduction in the interest rates
and yet people do not care about it enough. they should care more.
10k seems to be a low bar after merge
it's not an opinion or a prediction, it is a statement.
at this rate in 10 years 10k will get you a month worth of groceries.
not because of us inflation but getting its real value though
idk who and why, but the financial markets did take a hit after they released the cpi report
exactly man, people should have paid nore attention to it.
ofc, the poorer ppl gets hit first as always.
that is what makes me annoyed. i don’t care about inflation as long as salaries increase too, than it is just different number. but it is about some people collecting a lot more money right now, and many people spending a lot more right now.
not for me, you need a better job
which should probably be counted as the theft now, but it does not.
but the reality is opposite, people are here to convert their fiat into more fiat money.
but when the inflation drops you guys all sell your crypto for fiat, who you fooling
i am with you, if people collectively refuse working also salaries would get high.
they really are out to get us, but i aint letting them
maybe that is why they are not raising our wages huh?
people demanding higher wages would definitely make inflation worse, since companies want to keep their margins high the only way they can solve this is for the government to fix prices and wages, but doing this will most likely hit the financial markets bcuz of the lower future earnings at this point our entire economy is probably fcked
dang, it is true man. people are getting rekt. and there is no escaping.
print print print as fast as you can
fiat has always been a shitcoin, no matter where you from.
soon it will vanish
btc will replace it
you work for them?
main stream media is brain washing people, do not watch that shit.
well i agree with you, printing money doesn’t directly cause inflation, that’s kinda why jpow initially said *inflation is transitory*, what’s mainly causing inflation is because of supply chain issues, workers demanding higher wage which results in companies hiking prices to keep their profit margins the only possible way to solve this is for the government to adjust prices of consumer goods and make sure people could live off *minimum wage*, cuz we all know that minimum wage isn’t *living wage*
there's more factors to be considered
exactly, the inflation is here to stay. it's not going anywhere.
they can print money for free, but we gotta work for that.
yep, and now we gotta pay for it. it sucks but we'll have to pay.
literally everyone in the cryptocurrency community was yeling about it.
yeah sure bud, that is what they want us to believe bullshit.
i made great . like twice ! my employees all got . they added another . i did not fall for shit, i seen what a great president did ! now since last october i got rid of the 5 employees i had and it is just down to me and my son. i cannot afford to pay workers the raise they got with not enough work. luckily i'm still making . i have never been this slow in 21 years in business
anyone with 2 eyes not pointed at the ground
three rounds of stimulus checks in 2020+2021 totaled around 800b of the 7 trillion printed that is said to have printed in one year. be very sure, the money did not go to the people.
ngl i was a bit at first
indian government is doing the same, it is even worse dude.
stop binge watching cnn. the amount of leftist talking points in this lol. no shit there’s record employment growth it’s called business was shut down and then reopened. it was actually just people going back to work, not new job creation. in fact, there’s millions of jobs lost forever that never came back and may never come back. oh and i’m not a republican i’m a centrist both sides are retarded and biden is a empty sack.
incredible recovery? are you serious? the only jobs biden added were the ones going back to work after democrat governors shut there states down ! how could the economy not do good with the billions of dollars going into markets every month. shut off the trillions we are adding to our debt and you will see negative gdp numbers . for example my business is failing but govt gives me a million dollars for free. my business will do great until that money is gone. is my business really doing good? fuck no ! build back better is a joke. nothing is better ! we buy oil from terrorists now for twice what we were paying! not only that but it will lead to another war costing us trillions. america fucked up and we are paying the price ! i doubt we even make it another 3 years. fjb
you do realize that only 800b of the 7t actually went to the people?
yes exactly, this has fucked too many things in the economy.
yep exactly man, those stimulus checks were real bad stuff.
elections has consequences? what does that even fucking mean?
that's why powell himself says the treasury has the ability to create new dollars digitally. the fed very much makes money and you have no idea what you're talking about physical currency makes up less than 5% of the total money supply. powell created that 7 trillion dollars it still exists in the money supply just because the mint did not physically print it does not mean it is not real money.
> you are now talking about 'digital dollars' which of course has no printing involved whatsoever. wait... do you think people mean literally printing currency? like paper bills?
we know they’re not actually printing physical dollars.
it's pretty clear that the average person following crypto has no idea how economies function and thinks everything works off a flowchart with a vs b.
and meanwhile they are literally burning the whole place down.
there's nothing to be amazed at lol, this was inevitable tbh.
lol, exactly man. it's just too much and it is out of control now.
what has never happened? dude they literally print money everytime.
lol, is this that surprising to you. it's pretty normal stuff tbh.
you know what i kinda find that guy annoying lol, better people to listen.
what's that? i cannot even understand that. i'm too dumb.
the right in this country has already moved there in terms of politics, so why not?
this comment needs a
very true, they just decide that they want their rates to increase by x percentage every year and exploit government to do it.
but due to covid they are printing rapidly increasing the inflation.
it was news on covid times, now it is become a reality and nobody can do anything.
yeah, that is not how economics works. biden has not been in charge long enough to cause that kind of effect. not saying he is completely blameless (though he was handed a shit plate when he entered office), but the effects we're seeing are results of years of failed economic policy. which is why we have articles from 2016 predicting exactly this: unrelated though, i'm sure. i'm sure the two massive covid bills that trump signed into law (with support of the republican party); the , relief and economic security act passed in march 2020, and the , has nothing to do with it. in case you're bad with dates, biden was not president yet at that point. i'm sure trump's tax policy (permanent cuts for corporations and the wealthy, and token "cuts" for the middle class that have already long expired) has nothing to do with it i'm sure it has nothing to do with 4 years of (idiotic) tariffs, bullshit trade wars and protectionist economic policies... > changing the way america trades with the rest of the world by "renegotiating" deals such as the north american free trade agreement and pulling out of the trans-pacific partnership. >analysts believe that these changes would most likely be protectionist and lead to inflation. increasing trade barriers could include tariffs — taxes for importing or exporting goods — making it more expensive to import parts for goods. (from link above) take the fucking blinders off and be self-critical for once in your miserable life. democrats are not the source of all your fucking problems. grow up, and if you're going to try to talk about economics like you understand a word of what you're saying, read a goddamn book. learn something. more: **edit:** to address this guy's smarmy, clown-faced edit... that's... not even close to a receipt. yes, we are all aware that the rate of inflation is increasing. you're not blowing anyone's mind with that chart... economic effects lag behind policy. it's not instant. this is like the most basic concept in economics... "something happening in january 2021" is not going to be the impetus for some kind of instant change to the economy. that's just not how macroeconomics works. trump is the one who signed two covid bills that totaled nearly . the corporate tax cuts he enacted cost us several trillion dollars and counting. now, if that money would have gone towards increasing worker wages, it could have helped stave off inflation... take a wild guess if corporations let that money "trickle down" to any of their workers. i guess you're ok with printing money when it goes to massive corporations for stock buybacks... you just never think of (or are too stupid to understand) the negative effect that has on our economy. here's a very informative article about the absolute failure of those corporate tax cuts from two years after they were enacted: >while the effects of a very large tax overhaul will take years to fully develop and analyze, the evidence from the first two years suggests that corporate tax cuts are draining revenue from the u.s. treasury while doing little that would ultimately benefit u.s. workers.
i understand it but you cannot just blame it all on just one person.
good bot, gotta learn stuff everyday. bot keeping me in check.
welp, but , with the only exception that it’s now worth less
lol, and we do not have any clue about the tokenomics of the usd.
people were too happy for that free money, now they gotta pay.
because everyone is printing literally, stimulus checks were on the other places too.
fuck cbdcs, they are going to doom us. i do not believe in them.
well we are not the one printing that money, it is the government doing that.
lmao, fuck those thoeries. they are made to keep people blind.
you do not have to go that deep lmao, you're just too deep.
lol, we all are stupid dude. it's not just only you can assure you that.
what's so odd about it? now we gotta pay for what we've enjoyed.
lol, your checkbook is going to be worthless real soon.
maybe you should start doing that and we'll follow you.
and that too is adding on our heads, we'll have to pay that too.
they do not wanna solve shit. they literally kicking the can down the road.
it's only a meme, we're very enslaved to the system in front of us.
lmao, google it dude. you'll find all the sources you need.
i mean the governments are not planning anything good.
it can do that, but people do not wanna take risk with the money.
that cannot be true lol, you're shitting with us right huh?
lol, now we gotta pay for those checks that we got for free.
then why did stocks and crypto went down right after the cpi release?
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100% agree with you, money printing doesn’t directly affect inflation, but it’s bcuz of issues with supply and demand, workers wanting higher wages, companies wanting to keep margins high to keep investors happy at this point, our economy feels like a house of cards
i've been thinking for a while that once the us comes out with their own cbdc, i think it will only be a matter of time before they implement an eip1559 type of control mechanism.
venezuela tried that and it didn’t help turns out all you have to do is not mint without proof of work
i thought that was morgan stanley?
it was a war forewarned but people thought it was not "very serious"
there is technically, its where they increase interest rates to take back money out of circulation
lol, you can literally burn them. but i do not think you'll do that.
lol! i too struggle to understand the economic system we have in place and how it can continue to function with all its bubbles, inherent inequality, and endless amassing of debt. but it survives largely due to its global entrenchment, the rigid enforcement by governments, and the immediate lack of competition. however, modern monetary theory (mmt) is a great balancing act that demands compliance, economic stability, and requisite participation. it is vulnerable to economic shocks and human sentiment. and now we have actual competition from cryptos, a system that no government can truly stop short of sequestering the entire internet. the irony is crypos can actually aid governments with automation of services and building of trust in citizens. or it can circumvent their systems and control should they try to fight it. interesting times ahead.
> printing money" is not 100% correlated with inflation. the problem is that central banks swing too far back in the other direction. yes, at times there will be sufficient demand for liquidity such that printing money would not cause a change in the transacted money supply. but that is not *always* the case, and the fed continued large liquidity injections well past the point demand was saturated. i get it, hindsight is 2020. but at least admit that and do a course correction (eg, liftoff + qt) once you realize it rather than jawboning about it for six months and *then* doing something.
yep, my nation ks having around 6 percent. in japan it is low.
yep, it is best time to buy other type of assets probably.
lmao, who even needs hair cuts when you can have eth.
yep, it is costing too much nowadays. even elon is cutting his hairs himself.
the real value of an inflated carriage, but yes.
that's me going to the market and my money just thisappearing
yeah, i get anxiety when i have some amount in my bank account.
inflation: exist me: don't you dare
lol, really tho? it's not that surprising if you think about it.
really? you think doubling the marketcap in a couple months is low bar?
if we keep printing like this then yeah, it will happen soon too.
it's simply just a fact, there is no other thing than to accept it.
if we keep going like this, 10k will probably will get you nothing.
people should not have any doubts about that. that's definitely happening.
well, real value in inflated fiat but yeah.
the question i have is what's the real value tho? we do not know.
which we all expected to happen
last time it did not do anything. i think there is more to that hit.
true, poor and middle class people.
get a better job bro
i mean yeah, poor people are the ones losing the most from it.
yep, that is why most people are in the crypto. because of money.
what make you think so? 1) inflation is here most of the time, the differences is the percentage 2) btc is already here when inflation was low, and eth has its unique use. 3) don’t think we here because of inflation we like the idea, we like defi, we believe in crypto and we hate government manipulation… nothing to do with inflation.
our economic system has been built on fraud for decades it was always a matter of time before the bill came due
>at this point our entire economy is probably fcked yup. this is the situation. fucking econoidiots and their maths. but it all worked on paper blah blah blah. at least they managed to funnel enough to the wealthy through the pandemic that the inflation will be net neutral.
true, well except for the gold backed currencies there once were. they took that away and there was not even a protest. we are ruled by scammers and frauds. and the masses are braindead.
i hope that, because too many people will suffer man.
btc is not here to replace anything, it is an better alternative for it.
so…issuance doesn’t impact value of a currency? so if eth was a fixed supply. and out of thin air, it was agreed to double the amount of eth supply. you believe that doesn’t cause inflation and devaluing of eth?
that is a moronic statement.
hi, as an immigrant i feel it’s my responsibility to help you with your english grammar. “i got rid of 5 employees i had” same as “i got rid of 5 employees” “now since last october” same as “since last october” “i seen” should be “i saw”
buddy, your paycheck went up because they changed the withholding amount. can't say i'm surprised you do not get this, that is exactly why they did it. that means they were taking less out of your check automatically. your actual tax bill stayed exactly the same, or possibly even went up. so when it came time to do yearly taxes, you either got a much lower return, or you actually owed the irs. i really hope i do not have to explain tax withholding to a (presumably) adult... the amount withheld from your checks is an estimate. that's why many people get returns; their estimate was too high so too much was withheld and you get the difference at the end of the year. all trump's tax cuts did for middle class is lower that withholding so each check was slightly higher, but the actual yearly tax bill went up. so people either got a much lower return, or had to actually send a check to the irs. your taxes weren't lowered, you fell for the most basic trick possible because you do not understand how taxes work. well done.
crypto people are some of the dumbest mother fuckers i have ever interacted with... i think it is because they do not recognize how ignorant they are so they just say the stupidest shit. especially when it comes to economics.
fucking thank you. not only that, but the stimulus checks were literally that: stimulus. people spent that money so it went into the economy. so many fucking people here are buying the lie while corporations continue to make profits hand over foot, and the pay gap between ceo and worker gets larger and larger. turns out it is super fucking easy to keep people uneducated and then fool them into perpetuating this shit situation.
a small fraction went to citizens but guess who gets to pay it all back? the citizens will in higher inflation and higher taxes.
there are middle man who take the money in the middle too.
you wouldn't see record low unemployment if it is just people going back to work, would you? i'm not american. i do not watch cnn.
bro who hurt you/
the us debt is actually shrinking in real terms. but it turns out there are a couple of countries beside the us. the same pattern is seen in most of the western world. quick recoveries, low unemployment at the price of high inflation. it almost looks like you're reasoning backwards. you do not like your president, so the economy must be bad. it really is not and economies where relief has been lowered have not suffered.
do you think biden is personally in charge of hiring people? you so clearly have no fucking idea how your own country operates. stop embarrassing yourself.
where did the rest of the money go? in the pockets of politicians?
it was only a loan i did not need. what i needed was to be able to work. now i and everyone else needs to pay it back x10
it means everything is fucked with democrats running our country. major red wave coming in november
look at their username, what do you think it means. these people have no fucking idea how their own country functions, let alone macroeconomics. funny how 4 years of garbage monetary policy is conveniently ignored...
what exactly is pretty normal stuff?
almost every major corporation is reporting double, triple, and quadruple profits from their all time high. that doesn’t make sense if this inflation is real. they would perhaps have a higher gross on the books but with less profits. that’s not the case. i do believe prices are going up. it’s just because they want more money and jpow printed it for them. shell gas reported quadruple profits from their ath ever. people are so dumb they are blaming biden for it. don’t get me wrong he is a criminal but he doesn’t have a gas price button in the oval office. at the highest level of our government corruption is rampant. congress, sec, and the fed reserve. insider trading, lobbyist bribes, etc. people who work at the sec are great friends with the people they are supposed to be regulating. it’s all made up and will come all crashing down soon. it will be the great depression when this is over. i honestly think they may have ruined american markets at this point. it’s hard to get people to trust it anymore. it only works if people are willing to participate. here you are on a eth sub defending them. stockholm syndrome anyone?
yeah lol, it is gonna make too many people mad without that.
its gamestop. the hedge funds never closed their naked short positions january last year.
yep, that is the thing that we cannot do anything. it'll happen regardless.
it sucks to give a more knowledgeable, thoughtful response, only for the guy to try and keep applying his clown makeup
the only exception is that you cannot buy same amount of things with it.
so anyone that gave a stimulus check is causing inflation huh? and when everyone gave the first round of stimulus 2 years ago and we didn’t see big inflation gains? how do you explain that?
i was talking about the feds checkbook... and there open access to unlimited currency manipulation
are you familiar with crypto coin burns? pretty sure only the fed and the potus can make that happen
nope. the big mac value meal came to .23, quarter pounder meal was .77, can’t removed what the 2 cheeseburger meal came to but it was .
lol no way how would that be of any benefit to stablecoins (fiat)?
yep that is gonna happen. they're coming with their own cbdcs.
we'll have to wait for that to rollout and see how it works
work now, show proof later lol
and turns out that, that kinda minting is bad for economy.
people did not even know what inflation was, most people do not know.
good comment dude, learnt a thing or two here. which is cool.
everyone should think like that,. that's the way to think.
lol, inflation exist. don't you dare touch my money goverment.
couple months? no the price wont immediately jump or anything after merge date, but price will trend up and to the right working towards a floor of 10k after merger seems conservative. it will be similar to when deposit contract dropped and again after eip-1559. before deposit contract, price was ~500 and quickly gained a new floor. merger represents a significant change in tokenomics regarding issuance of new eth to the market. between deposit contract and eip-1559, we are seeing about a ~60% reduction of new eth to supply due to people staking and eth being burned. merger represents an additional 80-90% decrease of issuance of new supply, in an asset class that is rising in demand. so absolutely yes 10k is a conservative floor for eth after merger.
exactly man, people should accept it and buy more eth.
exactly man, of we keep printing like this everything will become expensive.
if we keep going like this, we'll no longer know the real value.
everyone expected 7.5% or higher, i think wsb does have daily polls for this and about 80% voted 7.5% or higher
i mean i expected that. it was nothing new to me tbh.
yeah man, gotta feel sad for them. we're getting hit hard.
our economy is built like a house of cards lmao
it'll bring a lot more suffering man, why would you want that?
why it cannot replace everything?
it's funny to me how often i see people with english as a second language (usually being unnecessarily apologetic for their grammar) making the inbred, proudly ignorant, sister fuckers who were born in this country, look and sound like the dumb fucks they are. just by using correct grammar and spelling. it's embarrassing to be american right now. sorry that people in my country are such ignorant pieces of shit.
you do not know what the fuck you are talking about ! i made more . that allowed me to give my workers ! what do not you understand ? not only that but my workers had more hours to work ! on top of all that extra money they made, they got taxed less. i made much more for 4 years under trump. roughly -2k more per job. more jobs=raising my prices on jobs. i guess math was not your subject
i guess you do not understand business operations. i write off as much as i can or i get taxed on it. in 2017 i bought a brand new equipter rb4000 for 34k and a new dump trailer for 8k. paid in cash from my business account rather than saving it and paying 25% tax on .5k in extra taxes. govts allow this to help the economy. i got more jobs, new equipment saving me time and . i know you do not own a business or you wouldn't have made such a stupid comment.
yep, they got free money and now they will have to pay that back.
it’s record low, because the population that no longer seeks employment, isn’t included in the percentage. the rate only calculates the population that is actively seeking employment and can’t get a job—-which is not reality, it’s quite the opposite.
biden is responsible for jobs like every president. are you really that stupid? trump was america's best jobs president! let me guess, you work at mcdonald's and you think you know better than me, a business owner? you're a fool !
a literal google search will give you the exact breakdown so you do not have to have someone guess on the totals.
you keep believing in this lol, you seem a little delusional to me.
i can tell you and i would agree on most of this. i also like your username. in addition to all your great points we have to acknowledge the trillions of new dollars pumped into the economy. this makes each dollar worth less, so more dollars are required for economic activity and of course this shows up on balance sheets as record earnings. put another way, shell gas reported quadruple profits denoted in these weaker dollars which doesn’t mean the same thing it would have 2 years ago when dollars had more buying power. when you and i can’t buy as much with our dollars compared to 2 years ago, this also applies to those dollars in a company’s earnings report.
not saying their comment is right or wrong, but i would advise against coming to reddit (particularly crypto reddit) to learn things. people say some stupid fucking shit, and sometimes it even sounds real.
loool hahahaha that's me
we need to buy more eth and tackle this situation.
higher wages? dunno rick, sounds like communism to me
fair enough friend. i also like your username. eth and lrc to the moon🚀🌑🚀🌑
explain to me like a child why the trillions pumped into the economy make the dollar worth less. i’ve always struggled to understand this, in what way does introducing more spending power to the people devalue the currency?
a kidney for that 100 eth :)
235 now just in couple of hours
that was fast :)
woo 100 eth? was fast!
it will burn everything
averaging about 5 eth burnt per minute right now. impressive to see!
so eli5, does this make ether more scarce in the future ? i know the other stuff about gas prices but simple monke brain is telling me to buy as scarcity = price increase right?
i won’t lie, this makes me fomo a bit.
what site is this? i’d like to take a look, thanks.
i am now a pyromaniac!!
ughh i could have used some of that! it seems impossible to hit 32 eth now. i really do not want to send to an exchange to stake.
damn i would’ve taken it
what do you mean 100 eth have been burned ??
where can i watch this?
burn this muthafucka down!!! 🚀🚀🚀
what is daily emission now whenvwe moved to pos?
any1 knows how much eth gets mined approx in 24 hours? can't find a page which gives a overview.
it's 600 now guys. this is some tremendous burn. 🔥🔥❤️
price predictions for today? j wanna hear yalls opinions. i would guess 2900?
if you need my eth address i’ll let you burn them to there
burn them all! *gets sword in back by sister f*
“it’s not about the money. it’s about sending a message.”
burn rate 12 eth per minute, this is insane
i read “my” at first and got so unbelievably fucking confused
i do not know anything about how it works. i just buy it.
it's quite entertaining to watch hahaha
what websitefu is thisu my friendu?
447 eth burned and still counting!
close to 5 million now
i am still learning and i do not understand how destroying 100eth helps the coin over time?! would it not reduce the market cap?
now all you have to do is massively buy shiba (the biggest gas drain on the eth network), burn eth and let eth fly
we do not need no water let that mother ether burn!
burn baby burn! love to see it
let it all burn
basicly a plot of land has been burned.
burn baby burn 🔥🔥😈
this is like porn
that was a quick dump the news and now recovery...weird
damn that’s actually crazy
it was a pleasure to burn 😎
how many are created in the same time?
now its above 650 eth.
great technology. gratz ethereum on the upgrade.
quarter million dollars removed from the pool \*burn baby burn, ~~thisco~~ eth inferno!!\*
this will be the start of the burn legacy and im hyped
i sure as hell not spending my eth. this defeats the purpose of a usable blockchain. you lose money by using a deflationary currency.
so, does anyone know if.
overtime it will prove to be a true deflationary digital asset. i'm long .
this brings new meaning to the song the london bridge is burning down
ok. help a guy out...what does it mean to burn eth and why is this relevant?
so bullish as fuck!!! also let me know if you want to burn your personally eth i can send you guys my eth address lol
today was my dca day for eth. i’m glad because otherwise the fomo might have gotten me seeing this firestorm.
how come gas fees have gone up?
oh my god.😲 hurry up, i have to buy before there are no more.
2k of eth burned so far!
so crazy. 100 eth just... gone. not in my wallet
where are they burning it from?
many more to burn
can somebody eli5 what is happening
12k mined everyday tho
if only there was a way to put in my eth address instead
i understand the process of burning, what triggers it and such in general. but, what is causing it? is it users using the network how it was intended (smart contract coins etc)?
do we have to do anything with our erc20 tokens now that the fork has taken place?
i’m so confused what is happening?
what's the net difference with mining? and what will be the net difference when pos is used?
ok, so stupid question warning: whose are those eth being burned? i thought eth was mined, ten sent to a wallet hence, there is always an owner for every existing eth (unless wallet loss or stuff alike), right?
can someone please explain to me what the burn rate is and why we need to ‘burn’ eth?
explain to me what's happening here as if i'm a 5 year old...
mmmm charred eth is delicious
lettts gooo now we need eip-3675
nice. burn it all.
help me understand how eth burning helps those of us with eth more money…and said differently, how does it make those of us who want more eth get it at an affordable price?
fucking finally... can we step it up to the etheruem 2.0 protocol now?
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [erc20]("last usage")[ethereum request for comments ]( smart-contract token standard [eth]("last usage")[coin] ether [fomo]("last usage")fear of missing out, the urge to jump on the bandwagon when prices rise ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 24 acronyms.) ^([thread for this sub, first seen 6th aug 2021, 03:14]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
can someone explain why this is happening and why it is a good thing? sorry i'm dumb sometimes
can anyone tell me the ratio of this vs the amount of eth mined in a similar timeframe?
can someone explain what it does to the coin and the price of it in simple language?!
it is a start
will eth go down a bit more for me to buy? 😢
this is a good news for hodler 💎👐
what does it mean when cryptos get burnt??
newbie questions: where did you find this and how long the burn will last?
is it possible that eventually all eth will be burned?
i keep reading articles about all this ethereum that is being burned and yet the coinbase circulating supply has actually increased from 117 million to 117.1 million in the last week i’ve been looking at it. what is really going on?
they could’ve given it to me instead
ughh i could have used some of that. it seems impossible to hit 32 eth now
ughh i could have used some of that! it seems impossible to hit 32 eth now.
so this is what playing with fire feels like? i like it
so this is what playing with fire feels like? i could get used to this
someone pls change my eth? im ready to send it to anyone anyone trustworthy? here on reddit please let me know i own 42069 eth i want to change in eth 2.0
questin: how long until we start seeing a decrease in transaction prices? i'm seeing still qutie high gas prices for smart contracts ( )
question: how long until we start seeing a decrease in transaction prices? i'm seeing still qutie high gas prices for smart contracts ( )
the effects of the upgrade are truly changing on how people use eth. there will be many people who are going to use eth because of its upgraded transaction fees.
what is the total supply for eth?
sounds like a good deal ! you can survive with 1 kidney and will have 100 eth too!
i'm ready to give up even both kidneys for 100 eth. i think it is not so bad to live the rest of my life on hemodialysis being a crypto millionaire
better than you, i’ll give both!
ill take that kidney
this is why i said people cannot accurately price this in. you have to see it in the main net. let s say 235 5640 2m obviously numbers are going to have some sort of error but yea. you get the idea.
going fasttt, yesterday i saw there was that london nft that pushed gas to 100, i think there was other nft that also helped to increase gas usage
wonder how much could it be now
holy shit that is a lot of eth.
and it was furious.
yeah, even i wouldn't burn it so fast with my well calculated yolos😂
my metamask is actually a great burner address if you wanna send some 🔥 my way ^
my wife just walked in on me saying “burn baby, buuurrrnn!!”. was a bit awkward.
it’s incredible to witness
yup, wasnt expecting to see this rate personally.
if it keeps this rate, that is around 7000 eth burned per day.
this is crazy, i was not expecting this level
nah man send them to me! 🙃🤕
i feel like i’m dumb. why is this impressive?
it counteracts inflation from block rewards, so yes, the supply of eth will be smaller at any point in time after this fork than it would otherwise have been.
doing burnouts in the parking lot of 1559 london ave
me too, i ended up saying screw it and yolo'd all in. will see if pays off or not.
luckily i was able to pack my eth bags as much as possible a while back. i just got lucky with the timing. i do think anything below , so if you do decide to buy, i wouldn’t feel too bad about it, just imo.
👀🔥 - - mainnet.watchtheburn.com - ultrasound.money - etherchain.org - ethburned.info
now it’s more than a million
would be nice if there was a cool animation where little vitaliks burn eth. edit: even little vitaliks are great
check out rocket pool they just launched their testnet for eth2.0 staking. completely decentralized, no kyc and all the good stuff.
you have taken some in a way.
who says no to free eth 😂
i’m ok with the ashes too just gimme something
it takes fees for eth transactions and destroys them, making less eth available in the overall supply. there’s lots of stuff out there if you want to read up on it
the big update this morning! eip-1559
does; at around 60gwei, burn is around 5eth, issuance after burning around 4.5eth
patientpitiful3598 bought, dump it
you can look at the numbers here [ scroll down to projected supply & play around with the gas price to see the effect on burn & total supply
4.9 eth[according to this]( ) which comes to 7,056 eth. anyone know what it was prior to london? edit: sorry for posting this 15 times, it kept giving me an error and i did not think it went through...
i mean, for me it is about money.
that is so high
thisu foundu hereu ultrasound.money
[ not the same site but same idea
dunno why watching that burn clock is soooo mesmerizing.
here's a good article for you friend
slows the inflation rate.
should have labeled it nsfw i guess 😏
yup, high volitility day.
was a pleasure watching eth burn with each of you today.
new eth are also minted so in the end there is no deflation or inflation
permanently removes eth from circulating supply by destroying it. effectively lowers the supply.
means that the eth burned is gone forever.
as of now there is still more added than burned, but that might change and the burn rate is based on the volume of network activity
ultrasound.money, and the burn is a new feature of ethereum with 1559. all transactions burn a small amount
and later re fit it after eth hits 100k 🌚
i am aready crypto rich. *drinks only tap water and eats only ramen*
spoiler alert: it is so bad
idk what’s the point of owning eth if you can’t enjoy it... fuck it i’m not leaving shit to my kids but will teach them about crypto and eth so they can learn on their own
it is bad, you do not want that, driving a lambo will be difficult
100 \* 2,800 < 1,000,000
no dude, it’s crap. don’t ever be stupid enough to trade health for wealth...
with an infinite supply being produced how on earth is it going to make anyone rich
i'm all for stupid jokes but please, understand that words have power. you take back what you said, delete your comment. i think we all want you to live a 100 years in the pink of health.
i no smart enough. i dumb. i buy. i hodl.
what happens when pos and scaling comes out and reduces fees by 90%?
that was the gwei
first time i get that many upvote. that was fast!
in case you fear ops metamask wallet is getting too full, i'll come through for you and give you mine. we have to work together in these hard times.
lol, is this a dm from a "girl"?
i can give my address and promise to burn it just like my kids already burn my hard earned cash….
burn burn burn .
this is (mostly) eth that normally would have gone to the exchanges to be sold. the recent change makes it so no one gets these rewards. the effect is not super extreme, but it helps make eth more scarce. reduced supply will provide an upward push on the price over the long run.
but it does not necessarily create deflation, but rather a stable supply
noob question, when ethereum goes to these 'black hole' adresses to be burnt, how can we be sure no one has access to it?
it’ll dip eventually, it always does
i have stacks of eth from below . lots more. lol
nice. now i just need some popcorn.
got it, thank you
it was more humorous take on the fact that it is being burned now. i'm not actually upset, it is still just as unachievable for me as it was before :)
eth has sort of 10xd pretty quickly. so getting to 32 eth is much more expensive and therefore impossible for a larger portion of the population.
uh, because it costs a lot more to purchase now than it did on the past...?
actually i did and it does not work on ethereum main net yet. i have to transfer everything to something i've never hear of so i have to look that up first.
what is the overall supply?
i’m wondering why it’s a good thing for eth to be deflationary. i can wrap my head around zero net issuance, say we burned as much as was minted. but why is it good for the total amount to go down? can anybody give me an eli5 or any good literature?
ik but is not 100 eth a lot ?
thanks it is an interesting article. although it does not explain how some burn accounts can safely retain the coins out of market. if they have been created, someone must have some access to it, what if in a 100 years for example they decide to used the so called burned coins? what actually stops anyone with the account access from brining them back into the market?
not exactly. there are still more eth mined than burned. this just slows the inflation rate.
why is that a good thing?
>ultrasound.money thank you for the explanation.
nah just keep buying more ethereum
you eat ramen? you must be rich.
dude same! my investment is doing great but my bank account is empty
ramen ? you can do fine with grass also 🙂
look at this mofo over here eating food like a normie
that's what champions eat and drink. no problem.
sick brag. modern plumbing…
i'm definitely willing to endure it for 100 eth edited: i really do not understand why you guys are seriously responding to my stupid jokes
teach a man to fish vs. giving them the fish. goood advice all around.
you may be dumb. but that plan is smart.
this guy is going to be richer than all of us.
this is the fucking way!
me too buddy. me too
wym then the network will be usable as intended
will proof of stake reduce fees? sharding (i.e. scaling) will definitely reduce fees per transaction, but it will also enable many times higher overall transaction volume, so total daily burn might stay somewhat the same.
there is no cap on supply though.
it has only ever had one block that was deflationary. it’s burning high rates right now due to lots of traffic on the network and transactions waiting for the fork. once it burns through the backlog it will start to burn less per transaction since more of the network is freed up
income inequality isn’t caused by scarcity of currency, as we can see by the current status quo. that doesn’t quite answer your concern, but i think eth has the potential to do much better with rethistributive smart contracts. more equitable economics.
and mine as well 🌝
i too want free eth plz.
please send them to mine, 0x00000000000000000
you can use mine as a garbage thisposal. give me all your shitcoins
bro, no joke. kids can burn the hell outta some cash.
burn baby burn !
it creates deflation relative to the supply that would otherwise have existed, but not in total, yes. supply would not be stable, but a variable equilibrium determined by market conditions.
two factors: the probability of randomly generating a private key that maps to a specific address is so low that if you took every atom of earth and used everything for the hypothetically most optimal computer conceivable, it would still take inordinate amounts of time. it's so unlikely that it may as well be impossible. second factor is that ethereum itself can be built to have a provision to inherently reject transactions from the burner address. i'm not sure if that is the case, buts it is the obvious safeguard against "once in a universes lifetime" levels of bad luck breaking everything.
oh wow, that’s a great price you got. wish i had gotten my hands on some of that, may never see again.
haha too much traffic
you would not have to send it to an exchange, eventually you'll be able to delegate like other pos chains do
ig the total eth available to buy on exchanges
117 million eth currently
supply and demand. less supply means prices go up on the current product.
to us, maybe. to the network? nah
don't you mean 547.9 eth?
no. 2eth is created every block (~13s) (excluding beacon chain), about 9.5eth per minute total.
yeah i suppose one day it could happen, and is why it’s important to know the fundamentals of young projects with burn features. there’s a lot of different approaches people take for burning tokens. sometimes it’s sent to specific addresses. all of those are known by the community, and if there is suddenly activity on them it would likely cause the community to initiate a hard fork of the blockchain before the wallets started dumping, akin to the dao hack that caused the split into eth and eth classic
from a tokenomic standpoint it means eth is a rarer.
yeah dude that’s the website address 🤙
happy cake day !
a healthy diet of rocks and grass
what good is the money if you cannot enjoy spending it? my wife is a dialysis nurse. kidney failure is no joke. it is a very unpleasant existence. i wouldn't wish it on anyone.
because it is stupid?
meh - generational wealth is the gift that keeps on giving.
he would have to turn into jesus
100 eth for me better
mine's fresh and empty, so much better.
send it to the nigerian prince who messaged me a while back ! he claims to send 10 eth back if you send him 1
you will after this run but i would be surprised if we fell below (which is fine by me).
i wouldn't be too sure of that man...those days are likely long gone.
too much hyped people, lol.
we hugged it to death
this one's been working the whole time
just about 500 eth burned! thanks
wow this is going to 🚀 by the end of the year! so much burning!
the grass is for smoking.
i think he was being overly sarcastic 😂
sometimes it is better to have money than to live in poverty for eternity. if i cannot enjoy the money, i would at least improve the world with my sacrifice
ha, i’ll give ya that, at least until someone down the line blows it all.
yeah but your kids will only know how to blow your money. education is more important imo.
is there a cap on number of eth that can be printed? if not why should this burn matter?
burn in my wallet lmao
by reducing supply, it makes the remaining eth more valuable, regardless of which fiat you're comparing it to. the value of the eth is not lost - its rethistributed.
i'm not sure what you mean by "losing value". what's happening is that supply is being reduced. this increases the value of the remaining eth, assuming demand stays fixed. value is not being lost, it is just being rethistributed to the non-burned tokens.
right. this is why i’m so interested in the gooddollar project. charitable funds being used in defi to add value to a basic income amount deposited daily in any users wallet. whether or not the economics involved will allow the gooddollar to be traded or valued much in eth is the other side of the equation.
lol, a classic scam.
i do not have enough eth. looks like i cannot get those 10 eth.
if price ever goes down there again, my bags will be filled to the brim mate.
lenny and the rabbit from mice and men.
i just smoke grass and eat the literal one so i can buy more eth :d
gas, grass, or … eth? keeps this thing going?
you're looking at this the wrong way... you're looking at it like it is a pile of cash, and they are setting some of it on fire. that's not accurate. it's more like you took that cash and bought 100% of the diamonds in the world. now, if you destroy some of the diamonds, the fact that they are more scarce makes the remaining diamonds **more valuable**.
except you're the only person in this thread not using lost as a synonym for destroyed.
thank you for pot smoking.
i mean, i can keep going if you want?
great quote. looking forward to the day when uber.
tbh, this isn’t not a very good explanation of what it is.
sure. all it requires is for some skilled developers to build and maintain the smart contracts and their surrounding software for free out of the goodness of their hearts...
because working with taxi drivers directly was so great uber became a global thing. what a genius!
so what is he saying exactly? is he saying that blockchains will call my cab for me? or that it is an alternative to uber without the middle man? because i am not getting the metaphor. there's not been any useful tech created with blockchain that changed my life. sure i will take the gains, do not mind if i do, but i am not drinking the cool-aid.
not sure i like this analogy...he could have replaced taxi driver with uber driver that might of worked better but still do not know if i would like that.
i have no idea what this quote is saying lol
no. that is not a particularly helpful quote
why is the taxi driver get to keep his job but the uber guy does not
*godzilla had a stroke trying to understand that*
he shouldn’t have said uber though since it gives people a lot of jobs. it allows the uber driver to work with the customer directly and not for the suits at uber. give vitalik a break he’s still trying to learn how to human
how would drivers and riders connect without uber lmao
this is such a great quote which makes no sense and is (hopefully) a reminder for people that this one big echo chamber. stay sane people!
yeah but uber is cheaper for me
but who is going to create an app for this?
taxi driver definitely not a good example, but of course the meaning applies to many other situations
vitalik is a veritable fucking genius
as long as vitalik is involved, it'll always be the best :)
its the 665464 time this quote is posted
not really the best analogy but ok
well said. cut the middleman.
if there is no company controlling this: who stops a maniac rapist to pick up you on his car?
some will think how can we beat uber ? ans : we can build dapp like uniswap exchange but connect client and drivers. dao may operate this app. and it may have governance token. everything will runs on ethereum smart contracts so there is no chance of fraud. with low gas fees ethereum 2.0 will make it possible.
no wonder the government and the companies that run the government are so sensitive about blockchains!
holy shit ... it is like inside out compression
i have just explained cryptocurrencies to my grandma. it took 3 hours with really simple explanations. on my surprise she actually got the basics, but trust me, you just cannot explain it all in few sentences. you need a lot of simple examples and problems from real life and a lot of comparisons. to explain all flaws of the current centralized systems and benefits of the new decentralized networks it really takes some time.
in another way, why banks and brokers hate it. because blockchain will eliminate the need of a broker or bank whenever you trade an asset. say good bye to trading, say hello to the power of blockchain decentralisation 🦾
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [dapp]("last usage")decentralized application [eth]("last usage")[coin] ether ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 6 acronyms.) ^([thread for this sub, first seen 29th jun 2021, 14:10]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
the idea is great, but exactly the opposite is happening.
do you guys know any existing implementation of what he is talking about? a blockchain based network for drivers?
do you guys even imagine what the eth 2.0 will bring ?
this is a very entreprenuriel (sp) with laws like the uber law and the contractor law getting voted in, will this be able to reconcile?
man rugged a shitcoin for a noble cause and shot down the gas prices within hours; my respect for him that day 📉
wouldnt that just stifle innovation and competition, thus yielding further control over an industry that refused to adopt to modern times?...thus halting innovation of said industry that will still be spinning its wheels and in the same position for the next 30+yrs , until another blockchain uber comes along and the process repeats? unrelated: gas fees are too damn high
power to the people
show me eth uber now!!!
it’s an ok analogy but highlights the thispute management issue that consumers will have
most people outside (and sometimes inside) of crypto don’t realize the impact this will have on the people… this tech will create lots of wealth for a huge percentage of the world...
yeah where 70% of the money is owned by him and a few of his mates ' vitalik is a fraud
in cryto there is only 3 true decentralized blockchain coins we have. 1. bitcoin 2. ethereum 3. doge rest are made for making their founder rich.
this is amazing... vitalik is like the jesus christ of crypto
best quote i've heard for blockchain tech
love this "quote" well said
hell yes! screw uber and all middleman processes
**.** founded ethereum at 21 **.** never held more than 0.09% of all eth **.** donated more than **.** is a chad ' how could you not love him
he is such a class act. donates tens of millions to charity, takes the time to write understandable articles, only holds a fraction of the eth supply... happy with him!
vitalik is a noble guy.
vitalik will be remembered in the annals of history for his great invention of ethereum!
you never had to deal with a taxi driver directly? they are why uber became so huge. they were and still are vile price fixing mafia on wheels. he gave a shitty example in this instance.
might be the day when we choose between paying directly a human driver, or paying less for a uber automated vehicle. however the final form of all this could be a dapp to book automated vehicles directly from their owners while they do not need it.
is not not ?
well, i work in software development and i do not think smart contracts need to be maintained. as far as the incentive to build the software, i think most cryptocurrencies will jump on board for the opportunity to build a decentralized uber, if it uses their native token.
no, all that is required to "automate away the center" is for _some_ parts of the center to be automated away. the programmers could even be paid more in the end, but if there is no need (or less need) for accountants, lawyers, hr, pr, managers, etc., the drivers get a bigger share and.
the reason people hated taxis was the high rates at the whims of the drivers. in contrast, rates under a dapp would fluctuate based on the market. that is a good thing.
uber streamlined the process. thats why its succesful. can be done via dapp too.
i was gonna say. the good aspect of uber is the reviews on a central platform where the platform itself can mediate conflict. take those two away and it is back to taxi scams and shitty standards. it was always possible to transact directly with the taxi driver: just pay cash. people resorted to uber as an intermediary because the platform's benefits largely justify paying uber a fee. sometimes it feels like the crypto world is not aware that cash money exists.
the quote does not make sense. blockchain does not replace the need for a company to develop an app. the idea that blockchain is going to replace everything is ludicrous. every use case for blockchain can already be done more efficiently with other mediums. it really only excels as a currency and an asset.
nothing nearly as smart as people think.
it’s really not, i agree. it’s a very idealized argument about philosophy of the blockchain, but as far as describing what it actually is it’s essentially useless.
this explains the benefits of blockchain and decentralization without going into the technical details. how would you explain it though and why do you think its better?
i think he means uber as in the company not the driver.
they’re the same driver
his saying blockchain automates the central part (uber) and does away with the vampires sucking all the profit out of the system at the expense of those doing the actual interaction. ask uber drivers how well they really get paid...
exactly. the people saying this is really smart have not really thought about it very hard.
cool, i'm glad we have blockchain to make the world a more selfish place
that's what people said about jim jones.
the middlemen who are verifying the licenses and insurance of the driver? great idea...
bingo. some people here think the only thing a car service does is payment interaction.
no chance of fraud, but huge chance of crime.
nah, will eleminate banks current infrastructure. most people still wants to let someone else hold and guarantee their savings account. i guess they will just polish up a fancy ui as the front-end and use crypto-rails as their backend.
sure it will change everything, i imagine it will cause many of the coins on eth's block to rise up, i am bullish on eth, ogn and maybe chz for the future when they go mainstream...
sucks to be you, i guess?
what a meaningless statement. can you explain what "technically climbing through capitalism" means? or is it just a word salad you've just tossed?
are you calling him a fraud?
you should think a little harder on it.
yeah! uninsured, unlicensed, ex-con murder rides for everyone!
that's called anarchy. a lot of people get hurt in that scenario.
>0.09% of all eth this keeps baffling me in the "premine" argument maximalists keep throwing up. satochi has 5% of all of btc. 5%. i do not care how you call it, its a huge chunk.
who doesnt love him?
i like his unicorn t-shirt
this guy seems a really nice guy.
vitalik will be remembered for running the [pets.com]( of block chain. ' hoskinson (caradano) will be remembered for running the [amazon.com]( of block chain. ;)
most taxi drivers became uber drivers. a dapp will replace the taxi centers as well as uber...
yes but a dapp can expose free market competition. why pay shitty prices when another driver nearby is offering better prices?
yea taxis were an absolute racket that got undercut by a free market competitor. why would i want to go back to rude, overpriced rides?
love eth but have to agree this is a bad example. also, in this example, wouldn't blockchain just be replacing uber's technology?
the government created a system that protected big taxi companies from competition through licensing. the problem wasn’t the drivers themselves, it was government control.
aren't uber drivers responsible for their own vehicle? i just view uber as a "working consumer" business model. basically any and all responsibilities fall on the driver just looking to make a few extra bucks. if something horrible happens, uber does not lift a finger.
sometimes we feel like smarter people when we chose a couple words to argue with… often times that leads to us missing the much bigger picture…
yeah, but a big part of what allowed that was the centralization of services... if it literally costs a million dollars for a license to legally operate, then there is both the ability and the incentive to price gouge at every turn. if the centralized service is suddenly thistributed and accessible to anyone, the incentive and optuons can change back to more purely capitalistic options where good service and low cost may give you an edge as opposed to being completely unnecessary. not a guarantee, obviously, but certainly breaks the existing monopoly tactics.
this actually sounds like the winning scenario! what a future that will be. probably a percentage of profit to whoever designs the network…? otherwise i’m not sure what would incentivize someone to create it?
no, it’s not. it might be completely true and a good representation of what ends it could be used for, but it doesn’t provide any information about what it is or how it goes about reaching that goal.
i would run a mile from any developer claiming that their software does not need to be maintained. everything has dependencies which can break.
tokens for everything means everyone gets paid fair?
...which is why uber has been successful. they created a minimal 'centre' which enabled them to undercut the competition. the rest of it is just a function of exception management, sales, and staying on the right side of the law.
yeah that is happens all the time, when costs are cut it always benefit customers prices and the cogs of the gig economy.
this is the most hopium and naive thing ever. who wants to get in a cab with no insurance, no licenses, no way to identify the driver? there is more to running a car service than just the payment portion.
most countries i know legislate taxi rates. people hated taxis because they could scam you or offer substandard services without repercussions.
lol... drivers do not set rates. have you ever even taken a cab in your life? lmao
yeah, that guy is missing the point. uber was created because it was so much easier than finding out your location and calling a cab company. had nothing to do a with interacting with the driver.
uber did not pay to license cabs legally, that is why it was so successful. it's bullshit really. if you have to pay , guess who wins. uber fucked over a ton of hardworking people in the process. and most people do not give a shit because all they care about is convenience.
i wish i could upvote this comment 100x. it's like the majority of this sub has never stepped foot in the real world.
why cannot there be decentralized reviews(like kleros) that is operated by the dao running the service? also what about people in countries whos cash money is? cash money is outdated tech
a helpful one would explain how it could benefit people on a daily basis…this isn’t great as an “elevator speech “ but it gives something useful
it really does not. if he means write a dapp , why would the one creating the app not have a portion of the fee? this would bejust another uber , because you need a centralized place to ask for a taxi otherwise how will you find one. if he means as to use it as a medium of payment , cash app exists , paypal and many other that would let you accept payments directly. also one additional point for all people who think working with an individual is all flowers also, the "uber" is not always bad. independent people could not finish the work or not do it,scam you or any other malicious act and you would have no where to complain . and this applies well especially in the uber example
so more people out of work is a good thing?
okay regardless of pay, there still has to be a platform that connects drivers with riders.
i do not feel bad for uber drivers at all, they are the ones who fucked over taxi drivers who could actually make a living. if all blockchain does is make shitty low-pay gig economy jobs, we do not need it.
a free app where anyone can be a taximan. haha.
this. i highly doubt the average person wants to live with the risk of losing their life savings just because they somehow lost the seed phrase
i am so looking forward to it !
ok, i did that... now what?
that was not premine though. satoshi has those btc wallets because he mined the btc. he was not given anything. he was in the same boat as everyone else.
well, satochi is the us navy, so...
how much is that in today's value?
that graph goes down on my screen, just letting you know since the context made it sound like you wanted it to go up.
but i like more the cat t-shirt.
that's nice and all, come back when you have smart contracts then we can talk.
as technology advances, employees adapt. let's see what happens to those taxi centers with the dapps.
you are literally describing a race to the bottom. that is terrible for workers.
like they would not ever collude to price cartel? how naive! every business, even ethical ones, know price wars are a race to the bottom. look at budget airlines. cramped livestock transport shitholes with wings, but hey, they are cheap! in any case 5g will kill off drivers anyway, so for "workers" the tech is already obsolete!
uber rides have gone up significantly they pretty much match what taxis were charging
that’s because taxis were a racket, and often an exclusive clique. a decentralized ride service could hypothetically mix the best of worlds while also being much better for the drivers.
i've taken hundreds of cabs in my life. i've never once had the problems you are describing.
exactly. that's why it is such a shitty thing. would be that much worse decentralized.
it's called a race to the bottom. there are huge drawbacks.
what easily understandable explanation for lay people would you use? sincerely asking.
it means there’s lower costs on the intermediation bc blockchain streamlines&automates the process. decentralized governance can vary the rate the smart contract takes its cut. ultimately, it means less money flows into the center (uber) and more money goes towards either end (drivers get much more of a cut of the customer’s money). better for everyone except uber. why wouldn’t a smart contract developer be interested? even if it’s less money than uber makes (which they’re struggling to make a profit) it’s still a ton of money with a large market share
tokens mean there is incentive for the software to be written. users choose the smart contract that most benefits them to participate in, and _that_ means everyone gets paid fair. what do you suppose happens right after someone writes an ingenious uber smart contract that pays them 50%? someone else writes a copy of it that pays themselves 5% and it eats the original contract's lunch when the drivers find out about it. the actual effect is that no one is stupid enough to try to take 50% in the first place, or even 5.
the promise of smart contracts is simply an even smaller centre that takes even less profit and runs even more efficiently. the incentive to write the code is not quite the goodness of one's heart, but it is not 11 billion dollars of revenue a year either (uber 2020). it's most likely a token and inside knowledge of where that token's price is headed. ask yourself why anyone coded anything on blockchain. they usually do not get a salary for it.
seems to me you've never traveled. go to another country, and foreign tourists get scammed on cabs. by the drivers. domestically, taxi unions bargain for higher wages (fair) but that inadvertently hikes the rates.
crypto can definitely get over hyped, but i think we can also become blinded to its potential by thinking about how things work under the status quo (aka the "real world") revolutionary technology changes what the real world is and how it operates
lol. because we know there is no risk of a cryptocurrency ever becoming worthless...
uber being out of business isn’t bad. what they did to taxi businesses is the same thing defi can do to them. the market is suppose to be competitive.
thats what his saying though... blockchain and smart contracts is that platform! the platform can literally be automated and cut out all the people sucking the profit out of the transaction! that means cheaper fairs for the rider but more profits for the driver! then both people have more money and they in turn spend more with other people and services in the same situation across many sectors of the economy. suddenly, instead of a very few (1%) getting 90% of the wealth at the top, everyone has more abundance. the current financial system is set up to remove profit from everyones work (output) by having centralised systems the 1% control and manipulate. they are vampires sucking the lifeblood from the economy. blockchain and associated tech allows them to be by-passed and cut out, putting profit and control back in the hands of the individual! still very early days but that will be what is possible with this tech!
its shitty low paid gigs because uber sits in the middle of the transaction between rider and driver sucking all the profit out of the transaction!
now you should realize how problematic it is... if not... think harder again.
i find it fairly irrelevant how he got them or how we call that. fact remains, 5% is waaaay too much.
he has about 1 million btc. times price of 35k is 35 billion dollars lol. who knows if satoshi is even alive still though... who knows if those btc are recoverable by someone... they've never been touched in a decade lol, so crazy.
yeah, but it looks green right that is why i thought it is the bullish one 😂 and no, i hate shitcoins like shiba inu
i'm not really sure what your angle is here. do we like uber? is there a role for a centralized middleman in the decentralized economy for things like transportation services?
not where i’m at. taxis are still way more expensive and i have to call and set up specific times. more expensive and less convenient, for me anyway.
this ! greed ruins a good deal every time !
yes, there are drawbacks, but a lot of them could be more correctly classified as growing pains. just because there are some downside to a solution does not mean it is a net negative. basically any change would have some downsides.
magic internet money go zoom.
i wouldn’t dare to. i barely understand this shit at all.
and the end user experience is zero accountability... that is not a good thing.
thank you. have an upvote!
so then the end result is that no one is stupid enough to put work into something they would not get paid for?
you are describing a minority situation. i have travelled.
driving uber is a shittier job than driving a cab... so how will driving a defi car be better?
so what do the developers of the dapp get?
i see now. what is the incentive for uber to adopt the smart contracts though. i dont think they would make a decision that would cause them to see less profits. would need some sort of government intervention.
so what happens when a driver kidnaps or rapes someone?
yeah, lets get rid of all those blood suckers who are making sure the drivers are licensed and insured and have a verifiable identity in case something shady happens! what a genius idea!! what could possibly go wrong!!
no. it's because uber tanked the prices.
i'm struggling... maybe you could explain it to me?
never mind, i've thiscovered in your other comments that it is infact you who does not grasp the concept.
insane that even at this value that is not been touched. i have a feeling he is long gone.
that's a lot of money. unspent money as well, supposedly.
it's blue on my screen sorry, but i get where you are coming from since the chart that goes up is red, but still better since it goes up. 📈
uber serves as a stamp of accountability though. if the driver wrecks, there is insurance. if the driver commits a crime, he. normies probably are not getting in a car with an anonymous guy because it is .
you cannot really compare etsy or swap meets with taking a cab. it's apples and oranges. except cabbies weren't making minimum wage. that's my point. uber lowered their wages. i see no reason or evidence that the custodian of whatever is used to run the decentralized platform would not lower them further.
yeah. taxis actually have to pay for operating licenses and uber circumnavigates that. that's why i'll never use uber.
no. lots of open-source software has been written already. the server we're talking across right now is running linux. the developers will still get paid, just less than the 11 billion a year in revenue that uber takes. and they do not have to give any of it to business majors. there are still financial incentives, just different ones than "i own all the software and do all the centralized backend part, and you pay me what i ask, and i pay some developers what i have to from that"
transaction fees of course! just like every single project in the crypto space uses currently! now accepting eth, ada, btc with 0.03% transaction fee (or some shit like that). drivers get instantly or near instantly paid in good hard deflationary crypto currency, riders get cheaper fairs and devs make bank as well (especially when it gets rolled out world wide and their business model is writing 1 chunk of code that can potentially be maintained indefinitely creating an amazing residual revenue stream!) the better the experience for riders and drivers, the more riders and drivers use the dapp. the more users the dapp has, the more transaction fees. the more fees, the more bank the devs make.
uber wouldn't adopt smart contracts, a new dapp would replace uber as a company. i'm voting we call it doober.
it's be uptake by the drivers and riders. with less overhead (read fewer middle men) it becomes a cheaper service to operate. no intervention required if it is the best option in the marketplace.
uber would be cut out of the picture in this example. another company would provide the mechanism to facilitate the automated platform between the driver and the user and that automated contract is what governs the interaction between the 2 parties. of course if this was the direction the industry moved in, uber would be forced to either adapt their business model to the changing landscape so as to remain competitive or innovate in such a way so as to change the play field completely and remove this as a threat to.their business model. in the case of uber in particular, they are already pursuing the innovation pathway with major investment into driverless car tech. that way they can remove the driver from the equation and force the consumer to keep interacting with uber as the provider of the service. transport as a whole is going to experience a major shake up in the not to thistant future as driverless tech starts being accepted. transport is also 1 of the largest employment sectors for unskilled workers in almost l countries. i can easily see companies switch to driverless tech, then 3rd party services who facilitate the off-peak use of driverless vehical`s when company a does not use their truck from 5pm to 5am each night, but you need something moved so you hire that truck to come pick up.and move your item.
i'm not planning out the entire project here mate... i'm just highlighting just one possibility that is in the future of blockchain tech. we have a long way to go to get to such a project, just pointing out it is possible.
they would be prosecuted individually
literally everything you have complained about there can be coded into a blockchain contract that is then verified before each and every ride! and create a immutable record of it!
sigh... it creates the impression that uber or the taxi thispatch service does not do anything but greedily collect money. that just is not the case. they make sure the vehicles are insured, the driver is licensed and the vehicle is safe. they do background checks on drivers to make sure they are not psychopaths just let out of prison after serving time for murder or rape or theft. they also have book keeping that can be referred to if anything ever went wrong or a crime was committed. i wish people would think a little harder than "i hate fat cats" and "i want cheap car ride"
yet, you do not counter them
satoshi may have just instantly destroyed their private key. holding that 5% may just be a way to show confidence in the system. like a permanent cornerstone for the foundation of their system.
you can see it in a blockchain explorer, there is a wallet with 1m btc in it that has not moved it, i think literally ever but i'm not certain
oracle + insurancedao you can be a driver on uberdapp, but part of your pay is locked into an insurance contract to offset risk - like any other insurance. a very important development will be some meta oracle to process claims, perhaps a similar selection process to how validator selection is supposed to work in the future
have fun in your uninsured cab. will be great when people are completely thisabled from car accidents with no actual insurance.
cool. so the developers create the app and collect fees. then uber and taxis go out of business. now there is a monopoly. what next? you guessed it, fees go up. great system
that's already going to be my medical marijuana delivery service though :(
cheaper to operate rarely means cheaper for the end user. productivity has been on an upward trajectory for decades, but the cost of living has gone up even faster.
not another company. just a selection of smart contracts would regulate the p2p contracts between two parties. maybe with gps coordinates fed into an oracle and a frontend. also the managing. admittedly this would be a complex dapp but its technically possible.
driverless tech has the potential to crash the entire economy, imho it really cannot be underestimated how many people depend on driving to make a living. we should be boycotting this tech without something else to replace the potential job losses.
and i'm just point out the flaws in the concept.
if they were ever found, which would be difficult with only an anonymous paper trail.
lmao. sure dude. you know that from your experience coding a blockchain or...?
you'd better dm vitalik and tell him, before he embarrass himself anymore 😂
right, but we need to figure out how to translate that to my mother-in-law. not today or tomorrow, but eventually if we want to get from the 1996 eudora, irc, netscape days to the myspace days.
**[taxicabs_of_the_united_states]( >the taxicabs of the united states make up a mature system; most u.s. cities have a licensing scheme which restricts the number of taxicabs allowed. as of 2012, in the united states: the total number of taxi cab drivers is 233,900; the average annual salary of a taxi cab driver is ,820; the expected percent job increase over the next 10 years is 16%. some cities use "taxi medallions" as permits for taxicab drivers to pick up passengers. ^([ )[^(f.a.q)]()[^(opt out)]()[^(opt out of subreddit)]()[^(github)]( ] downvote to removev1.5)
insurance is a profitable business sector that can also benefit greatly from smart contracts and decentralization. there's no reason why there would not be a dao out there willing to ensure decentralized ride share providers
your just a pessimist 🤣 with the way coding especially seems to gravitate to large open source developments, there is no reason it could not go in a different direction. incubators that support and nurture devs and profits from successful projects get put back into supporting and growing the next iteration. blockchain in particular has shown an affinity to use foundation type models where the greater good is focused on rather then short term profits. all i see in every one of your replies is excuses for why we should not try new things, why we should not try to innovate, why we should not try to grow... just stagnate and be bitter instead!
and what would protect the driver and rider?
another company would come in the form of the devs spinning up an entity to incorporate their back end structure. it could just as easily be open source of course. i'm not saying we are there just yet, its just a future i can envisage that crypto. would certainly be fighting against some entrenched status quo's to achieve that future... but its possible and that is what matters! if enough people dream and work towards it, we could have a much brighter outlook as a society and world.
100% it is going to fundamentally decimate 1 of the single largest employment sectors of uneducated people... world wide! and uber is at the forefront investing heavily in researching the tech because they want to do away with the largest cost to their business model, the drivers! same thing will happen with transport industry. why have a human driver who needs to sleep and truck stops when you could have a truck running automated 24! people are going to be blind sided by this when it hits mainstream. its also why we will need to seriously consider some form of universal basic income in the future.
there are no flaws though, its a concept and just problems to solve as blockchain tech progresses... are you 1 of these people that sees the problems and then assumes they cannot be solved so we should not pursue it? so we should have stopped when we knew the earth was flat... or that the universe revolved around the earth... or that quantum physics does not exist because the current laws cannot describe it... pretty easy to focus on the problems and then assume it cannot be archived. luckily we have innovators and risk takers as well in the world who see problems as just needing the right solution thiscovered to overcome them! that's why we have rockets blasting out of the earth's atmosphere today instead of still living in caves. we are at the very beginning of blockchain tech, im excited to see the innovation and advancements made by kids still in school today as they grow up with the tech and grasp it in totally different and unique ways and bring amazing things to the world utilising it. its no different then the dawn of computers, blockchain today is as refined as the computer's that were as big as buildings at the dawn of the computer age! imagine what will be possible in 10, 20, 40yrs time as blockchain tech grows!
go check out projects already under development, blockchain based id's, already have the contract part, oracle's to name a few components... the tech is already there, just got to be tied together in the right way. not going to take someone long to start building out new ways of solving existing mechanisms and streamlining it all in the process.
what a thoughtful reply.
where have i ever stated we should not try new things? all i'm saying is we should not pat ourselves on the back until we see tangible results. "blockchain in particular has shown an affinity to use foundation type models where the greater good is focused on rather then short term profits." this is just blatantly untrue.
no. i'm one of those people that is not going to prematurely assume a solution is viable. its called being pragmatic.
maybe you're right. i just think it is kinda vaporware until there is something more tangible. lot of people here are boiling it down to 100% financial and there is more to the situation that needs to be considered. that's the main point i'm trying to make.
sigh... consider the market cap . if you do not get it afterwards. think harder
what's bitcoin then... a centralised company structure? 🤣
i'm not even claiming my example will happen, just pointing out what might be some directions this tech takes in the future. i honestly think that we today cannot even mentally grasp where this tech will end up 40yrs in the furure! it honestly blows my mind when i start thinking about the applications just for the things i see being built out in projects today! even going back to 2017 when i first got into crypo... who would have thought defi, dex, oracle's would even be a thing in just 5yrs! i now prefer using dex's instead of cex's and i now have avenues to stake, farm and receive interest on my crypto holdings if i wish! fuck banks, fuck stockbrokers, fuck hedge funds... i now hove the power in my own pocket to facilitate all those services for myself if i so wish! (and also all the responsibility for my own choices!) take nft's as another example. i still do not understand how that even works for digital art... we cannot even solve pirated movies and games and that has multi-million ! now with digital art nft's, each individual is somehow responsible for enforcing their own copyright. others seem to see something i do not there and that is fine! yet when i 1st read about nft's, i immediately thought it created the perfect mechanism to carry the ownership of physical items and tie it all back into a immutable record using blockchain. you want to buy a house... you buy the nft that owns that house. change of owner triggers a auto contract that sees all taxes and fees paid where it needs to be and the ownership change recorded on a immutable ledger! you want to buy tickets to the game... you buy a nft that carries the tickets. your id is recorded on purchase and tied to the unique ticket number and its checked as you go into the game automatically by a computer at the turnstile. good by ticket scalpers, ticket provider can immediately see block purchases by 1 person as its all recorded on the blockchain. instantly cancel tickets and re-issue (there is a company based in israel from memory already doing nft based tickets!) we are just 10yrs into this tech, we are like the generation that saw the birth of computers. people at the forefront of the computer field were adamant that computers would always be a thing for big business, government and research facilities... that individuals would never need or want such a thing in their day to day life. yet here we are 60 odd yrs later and you would be hard pressed to find someone without the computational power in their pocket that would put to shame anything those original pioneers of the computer age thought of as a "computer". blockchain and associated tech is going to blow our minds looking back in another 40yrs and i think we cannot even begin to envisage how its going to mutate from its current iteration here at the start of the tech! i honestly cannot wait to see how the generation that is growing up with blockchain is going to grasp intuitively how to use it in completely different ways then how our generation is using it today! i cannot wait to watch the future unfold in this space!
market cap of what? pineapples? try to at least comment an entire thought. also, what the fuck does market cap have to do with my comment?
not sure what you mean by that?
now come on, think harder!
just referring to the consensus model used for bitcoin governance. thats how i see the foundation type model created to nurture and innovate and governed by consensus rather then a top down model like a company.
i can help you a little... it is not pineapples. it's uber. now think real hard, and i'm sure you'll get there!
i'm just never going to try talking with you again. it's like nails on a chalkboard
just wait until we go to 8k and then you can have 2 homes!
damn an apartment for 50k, what country? congrats man that’s awesome, having your own place is great!
congrats brother! i love these crypto stories
congrats, don’t stop investing and it doesn’t have to eth.
congrats. keep investing a safe amount every paycheque and you’ll be in excellent shape at 30!
congrats! i’m hoping my eth will one day be enough to afford to buy a house.
noice, congrats on the gains :) it is great that you managed to hit your target. nowt wrong with taking profit to do so :)
congratulations it’s a great feeling and enjoy that new responsibility. given you’re coming out of foster care i really can’t think of a better gift, to have your own home. build up from here, give yourself what you may have not had growing up. enjoy the certainty that comes with owning your own place. but man what a great success you are.
congrats brother! i hope the rest of us will experience it as well. hodl!
well done bud cash out and enjoy your moon do not let others thiscourage you from selling! congrats and i hope to see you back investing in eth once you are all settle in your brand new house! wish you well kiddo!
ehhhhhh happy for you op! keep it up bro, that’s amazing 🚀❤️
use **defi** to take your loan. this way you can give them your eth as collateral and you will get yur eth back in a few years if you can pay back your loan. don’t sell your eth to get a shitty bank loans. (edit) celisus is just one example of how to do this:
way to go! i bought my first home at 35 so you are way ahead! good luck
keep investing , truly hope one day eth will pay your entire debt to bank. congratz and take my hugz
this is awesome. i can feel your energy from my office right now and i love it! congratulations, my friend!
very happy for you! 🙌
that is why i started investing years ago! i have about 1'm hoping if this moon continues i will be able to buy by years end. plus, housing where i live is ridiculous. people are paying way over price for houses. i'm not in that big of a hurry. for ex, a ,000 house is going for close to a mil. it's insane!!!! edit: congrats and go with your gut! your gut is almost always right. 😉
all the best to you buddy. you best a lot of odds already in life, lacking a stable home and yet having such a stable head! you could always sell half and keep the other half. there is value in holding until 2025 imo.
glad you are doing what is best for you! plenty of time to get back in once you get a chance. congrats!
what it is all about god bless !!! and congrats 🎊
i’m trying to do the same thing as a single mom starting over. any advice on who to follow to learn more about trading and stocks?
take out half now so you only risk the 5k and wait 1-2 monthes, take out what you need and let the rest in so you'd make a theoretical x1.5 .i think the bullrun is not over yet and it is quite probably we'll see a 7-10k. and if you do not fucking enjoy your new home. congrats!!
these are the kinda stories i am here for. congrats brother 👍
congrats friend. well deserved!!!!!
this is awesome, congrats!! as someone who was also in the foster system, i’m super proud and happy for you and everything you had to overcome to get to this point. 💕
i've been holding since 2017 and when the time is right, it is going towards a home. edit - did you run into any issues with the bank etc.? edit 2 - i see you are in western europe so your laws may be different congrats anyways. anyone here in the us have advice when it comes to buying a home with crypto gains? thanks...
*looks at ops story* *thinks hard* ah so he can get a house for 50k ?! nice!!! *looks at houses in uk, now optimistic* £200k minimum 10% deposit minimum *stares off into thistance, sad once more* but in all seriousness congrats op! it's great to see people reach their goals. good luck my dude!
hodl until july the re-evaluate. it’s going up my friend!! either way congratulations i’m thrilled for u. u came from hardship and made good choices for urself. good win!! where u come from is not who u are and it’s never anything to be ashamed of. i don’t know u but i’m proud of u.
yes superboner. i'm mega hard 4 u!
at 22, you say, "i can finally"...get outa here for real.
congrats my man, glad you reached your moon.
damn that is cool, huge congrats on you! enjoy the shit out of that apartment.
you reached your personal moon, congrats!
good stuff!!! big congrats!!
good for you! 😊
wow that is a fraction of what i would need for a 20% deposit in nz
you sound like a very intelligent individual. i too purchased my first home at age 22. best of luck to you.
should hodl, and buy a house
i feel so happy for you. congrats! the power of crypto is so strong sometimes. i wish you all the best!
congrattttttts! 🤘🏻🌙 what country are you in?
awesome news. congratulations my friend. cheers 🍻
wow that’s amazing! congrats on reaching you moon friend xd
congratulations, this story makes me so happy!!!
congratulations my dude! live the dream and hodl!
congrats. i can’t even get a small back deck built with 2 eth here in ny
sounds like you'll be just rich enough to be a debt slave to a bank.
sell now??? crazy??? hodl looks like barry the whale pumped his billions in ethereum. he was reaking havoc on dogecoin. just wait til he dumps!!!!
congratz! how are crypto taxed in europe?
that’s awesome! keep taxes in mind, friend
congrats! selling eth for land (real estate) is still a decently good idea! at least real estate can’t be printed like fiat, and it is usually resistant to inflation as well.
i needed some money recently but didn’t want to sell so i took out a 10k loan on blockfi so i can hodl and pay ’m ready to sell… i just used my eth as collateral
no hate, just congratulate
this is the success story we all needed to hear
congrats! hoping to be next
right on congrats man! good luck on your next goals too!
congrats!! that’s super awesome and inspiring.
this made my morning. i’m so happy and proud of you man. keep it up.
congratulations young man!! keep working hard so you can put a lambo in that garage!!!
congratulations!!! you’re on your way to success 😁
this is great and congratulations! but if you're in the us, please, please consider taxes. when you trade your eth for usd, the irs considers your gains to be taxable. head over to their website and look up the rules, and make sure you set aside enough of the gains to pay the bill.
congrats! this is amazing, i wish you all the best! dont forget that the greatest asset you have now is the knowledge gained from mining and investing in cryptocurrency. getting your own place is a 100% worthy reason to cash out, and it doesnt mean you wont be back. enjoy the rewards of your investment!
*meme of that baby that’s like “yes!” with fist in the air”
congratulations let’s keep go up
well done and congrats.
still eth is low priced
yessssssss!!!! so happy for you
wow that is amazing, congrats!! :-) wishing you best of luck in the future!
congratulations my dude young and making moves congratulations!!!!
where will you sell the eth for fiat safely?
i wish you good luck!!! i was wondering, which country are you based at? 100k house sounds pretty good price
we love to see it ❤️
many you guys are so lucky. i just found out about crypto, was able to only get 4 eth. hoping it turns to 100k in a couple of years.
this is awesome! congrats!
everyone’s moon is different, congrats on landing on yours!
great to hear and wish you all the best. put money away as more debts are to come. staying smart is as important as your successes you’ve accomplished. be of luck and all the blessings. wish you well.
don’t forget to buy back in during the “bear” market
you better sell before we dip too much lol. i’m jk we’ll rise up more! congrats to you!
moondoge launches in two days and they’re doing a air drop 15 billion free tokens. telegram as always do your own research! cheers!
way to go, that’s brilliant news. i hope you’re very happy in your new home.
research salt type loans. taken out against crypto assets
much respect to you my friend!!! an thanks to the man who created eth.
this is cool i am happy to read those stories and then i think why am i not trading right now
congratulations!! truly happy for you! :)
10k for house? where is such a low prices? lol in my reality houses cost more that 100k
fha loans are only 3.5% down keep your money invested and only use the 3.5%
this is great congrats!
profit taking is never bad, that’s when gains are realized
no shame in selling! congrats!
let's gooooo!! awesome story!
getting a small house to live in is a smart investment. it will save you a lot of cost long run. don't look back, and if you want to go back in, wait for a nice bear market and dca a bit. crypto is seriously "hot" right now, no one knows how long it will last, but probably not lubin weeks :-)
that's awesome!! good luck 2 you too!!
just buy a real house
eth is going to minimum 7k
congrats man your doing the right thing
you can afford an apartment with 2.4 eth, wait is this bali?
i have 2.5 eth same situation, i’m on zillow everyday! i lost my job last year and now getting a home would be the best feeling.
wait are you currently renting? if so just keep renting for now...capital gains tax is going to hurt depending on how long you’ve been holding...might be worth it to just wait for now to have a bigger profit, yes crypto is very volatile...but tbh this is just the beginning...then again we all have to different goals for different price targets...what ever your gut tells you go with that and best of luck.
congrats man, hope life keeps going in a good direction for you
dont forget about taxes
check out chester coin you guys
you can get your own home with only 10k deposit that’s insane a house deposit in auckland cost around 240k
make sure you can pay your taxes on what your withdrawing
congrats man! unfortunately here in nyc going to take a lot more than 2.4 eth to get a place but congrats to you man! 🤠
if you have a mortgage you don’t own your house, the bank does. also the property market is so over bought at the moment! from having crypto why go into debt? focus on building your wealth and but when you can afford to do it.
maybe take out a loan on defi platforms so you do not have to sell eth. stick to established ones, stay away from scams
cryptocurrency news: safemoon more position to break out again
why the crypto bloody bad today crash ?
2hrs later. lost my apt brother's. this crypto thing sucks. 😂😁
these are the stories i live for!
hoped you signed the paperwork cause elon opened his yap
very happy for you man.
you can get an apartment for 100k, that is awesomly cheap. well done
save a couple hundred , put the eth in aave or compound, take out a stablecoin loan on the eth, cash out the dai. keep your eth that way.
super cool bro thanks so much for sharing please, please keep us updated on how much eth you keep acquiring we love to hear it
keep renting for a few more years ! do not sell you eth !!!
well i’ve been thinking what to do, to buy it now or hodl, i fear price dropping and loosing everything
why so bearish? soon we will go above 20k so he can have a whole fu*king building.
yeah. im considering selling end of year and not before. and only then if it’s at or above . i think you’d be making a mistake.
i was about to ask too. i'm much older than op and have been saving for years and do not even have close to enough. a 2-br condo in my city is about . unless you can pay cash and waive inspection, it is impossible to get a home here. all the damn investors and flippers.
alas an apartment f'r 50k, what state? congrats sir that’s most wondrous, having thy own lodging is most wondrous! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
right? i am crying in vancouver rn
i do too, so wholesome.
or leave a little in eth for the future, yes.
thanks man, it’s good to know i won’t be a failure, well i’ll try not to be at least
generally banks do not want your down payment to be funded from another loan though right?
the only problem i see with this is the huge price fluctuations in eth where he might get margin called if the price drops.
celsius is not really defi, but it is a good service. been using it for 6 months or so now. it does not come without risk, however.
i've heard of this before but never visited. thx for the link brother
dude i taught i will sleep on the street you have no idea how lucky and happy i feel rn, this is like everything i ever wanted
it’s simple as googling it, youtube miners, and this sub, you have everything you need if you look hard enough, best of luck
i am combining the proceeds from the sale of my house with some crypto gains for the down payment on a new home. it's generally been pretty straight forward. i've only needed to provide transaction statements from the exchange (coinbase pro in my case) that shows the sales of eth to usd and then my bank statements that show the resulting usd coming into my account. i only use coinbase for fiat on.
very much worth it for the security in later life. where im from rent costs more than mortgage repayments and you are simply paying someone else’s mortgage. op’s plan is a great idea.
well in my country average salary is around 400-500 usd, so it’s kind of big deal here but i know 10k is not much in grand scheme of things
depends on the country, the uk is horrible, germany no tax if you do not touch it for a year, portugal no crypto tax, not sure about others.
it’s interest for bank loan, the apartment is 50k
you cannot fund your downpayment on a loan with another loan
keepeth renting f'r a few moo years ! doth not selleth thee eth !!! *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
sometimes you need to take some profit, there is no shame in that. if you hold your eth to buy a house, and you can and need to do so now, then do it, imo. crypto is volatile. it could go up a lot, but also down (temporarily). don't risk money you cannot risk. people may downvote me, but we cannot always push the "eth can only go up" mentality when people's livelihood literally depends on it. ^(my opinion)
this is your life. what is the point of money? to live your life with. there is no shame in taking your profit today. only in a few years could you look back and decide whether it was a mistake or not, nobody can tell you that right now.
profit is nice, but an actual roof above your head is an actual roof above your head. your roof! congrats man! i think you get the ‘home-owned’ achievement for this!
i know jack shit about market sentiment, but even i can tell you that the absolute safest crypto to have your money in right now is ethereum. however, safest does not always mean profitable. it also means more stable in the event of a crash, should that ever come. this is your money and you should absolutely not take a stranger's advice for granted.
buying home is prob good investment as well
securing your own place is a major, major milestone and will have countless benefits (especially your mental). get your own place and keep on keeping on.
holding is great if you do not need the money but the bottom line you paid yourself on something that is not real. anytime you pay yourself a monkey becomes an ape. well done congratulations! side note i would immediately start investing again i dont think it is going to go down and stay thier. if eth fell to lets say 3k people would goble that thiscounted eth up in no time driving the price right back to were it is now.
take the profit, i did on the last bull run and bought my home, if i had held out, i would have went through the last bear not knowing still renting, in the last few years my home has increased in value the money i'm paying on the mortgage is not going to someone else, and in theory if i sold my home now i'd actually make more money than if i had held on.
get the house. it’s just another asset until you can “level up”. at least you have a place to safely call home. home is more important than any amount of money
at 22, i would be selling half and then aiming to save the rest. in crypto i think its important to not get out completely otherwise the potential gains could haunt you.
you should have the "anything could happen" mindset. i along with many others will continue to hodl till q4. dont know the projected price however many are guessing 8-10k. we could potentially see it double still. if you're already on a lease, you may want to consider hodling a bit more. but by all means keep your eye on the price and do what is best for yourself.
if this can have an enormous positive effect on your life, do it. you would not regret it, and just keep mining that eth after. congrats mate!
the underlying tech is too good and has too much first mover adoption to fail near term. id hold for at least another year or two and see what layering options emerge. youll get kicked in the nuts price wise on occasion, but the trend is positive
just ask yourself “which would make me more sad...if i sold and bought my house and it went up to 8k or if i didn’t sell and it went down to 2k” it sounds to me like you’d be happier in a house with eth at 8k.
this is not an advice but option is an option. if the house not going to appericate in value as much as the other asset in your portfolio. renting could be financially more logical. unless there is a psychology of i should always own at least 1 residential house complex. just an option on paper, your life your decision.
i would hold i regret selling mine
op... you literally cannot lose. we’re just scraping the surface of the capabilities that ethereum will bring for developers. i own 2.5 eth since 2017, if you hang on for another year or so. it’s going to sky rocket
you can do both! just get your mind wrapped around defi!
pay the deposit on the house, providing you have some "emergency capital" either way, congratulations! i wish you the best of everything ❤
get a collatarized loan on liquity.org (once gas fees are lower). that way you can keep your exposure to ether, and limit how much you could potentially lose if ether drops. the minimum collateral ratio on liquity (before you get liquidated) is 110%. at current prices you can get up to 8.9k lusd (usd) without selling your ether. if ether goes down, you can *at most* lose 9.9% (relative to what you would have gotten if you had sold it all). if ether continues to increase in price, you will still profit from it (e.g. if in 3 years ether = 10k usd, your 2.4 ether will be worth 24k usd, and you can pay back 8.9k usd and withdraw your ether, or get more lusd against it).
buying a house is an investment too, and its value is almost certain to go up.
set up reoccurring weekly buys. set it away for 10 years and forget about it. thank me when you’re a millionaire
it will breach 10k bro, please dont do stupid mistakes.
take a loan out and use it as collateral if you want to hodl…
just put in a stop loss order ;)
it's awesome tou are looking for your own moon and believe to have found it to buy a house. you are only 22. you have a long long ways to go. economists suggest a housing crash within a few years. whether it is true, who knows. but eth is only at the very beginning with incredibly significant upgrades on the very near horizon that will shock the supply an coin issuance. plus, it is the blockchain with absolutely the best use already having an entire ecosystem of defi and still just the beginning. getting out now, and using it to buy a house may be at a time where you'll be buying a house at a higher price using eth that is still incredibly under valued. your life, your money, your choice. but do all your research first before you make a life changing decision. best of luck to you!!
yeah i too would like to know more about this place you can buy at this low price. sounds like a nice place.
we're hoping by the end of this run we'll have a second place this time in southern europe, prices are much more affordable.
lol where? in the uk because if so you must live up north. 50k will get you a garage, maybe.
damn that’s sick that things are affordable. *cries in american* congrats bro!
yep it’s insane, we had to move to another state to be able to afford a house and we both have decent careers in science. even then we almost missed the boat- our house went up in value by 30% in the last 3 years and there’s no way we could’ve afforded it at its current price. fucking ridiculous.
seriously... i lived in la and was about to move to fucking palmdale just so i could afford something. and even then i was looking at 300k min... we ended up moving to az, and lucked out that we like it here.
*gives you a sympathetic back rub from london*
remember to ensure you have enough for taxes
looks like you are already a success. take care of yourself and loved ones and everything else will fall into place.
if you had a job, why would you be sleeping on street? in a parallel universe where crypto does not exist, you could have at least rented a cheap place with roommates. if apartments are going for 're at, cost of living must be reasonable.
definitely sounds like canada
in the grand scheme of things 1 usd is a lot to the majority of people on this earth. could help their day out massively. if you’re solid on that bank grant, please sell!!! you’re inspiring to me man, and i like what i’ve heard others say! this is your moon man. def grab what’s yours :) i have no parents either so big props to you :)
10k is a lot of money by any measure. the problem is run-away house price inflation in nz.
> well in my country average salary is around 400-500 usd per month, week or year?
compound.finance you are very wrong.
very well said and congrats to the op!
this is the real advice. anyone spitting “eth can only go up” and blasting you for selling is an idiot and will learn the hard way :)
took an eth in profit at . impossible to time the top so i sell on the way up and the way down.
yep. life security >>> speculation.
yep. sell if life circumstances dictate you need to sell. many people fail to recognize that your opportunity costs and my opportunity costs will be different, and there are forces beyond price that can necessitate selling.
needed to hear this. i should take some profits soon. started march 13th and just about doubled up since then.
absolutely well said op should get a place to live. that could be his moon nothing wrong with that
i have a feeling people who say it only goes up dont rely on themselves for their livelihoods
sell now??? crazy??? hodl looks like barry the whale pumped his billions in ethereum. he was reaking havoc on dogecoin. just wait til he dumps!!!!😳
>don't risk money you cannot risk absolutely. and yes, it should be a financial advice.
we do not know how much time we have, so it is best to enjoy the here and now :)
honestly i putting all money on ethereum, like you said 'safest crypto' for long term millionaires
i mean... if you do not report and pay your taxes. just pay your taxes!
how do i do that?
i'm still renting apartment until my goal come true - eth
there’s defo places that cheap in portugal, just a couple hours from major airports ;/
> 50k will get you a garage, maybe. in london [£65-200k!](
tl;dr: add proceeds from crypto sales to your bank account at least 60 days before closing. hey just wanted to follow up, because my lender told me *today*, like 20 hours before my closing, that crypto funds need to be seasoned for 60 days. i had just moved the money from the exchange to my bank yesterday so that was obviously not enough time. they knew from day 1 i was going to do this but for whatever reason they just realized this today. they wanted me to add some more non-crypto funds to to my account (not a lot, but some percentage to make fannie) but i did not have any that was not crypto related. since it was their mistake, they thankfully agreed to cover it, but definitely something to look out for!
it all depends on where you live, long term rentals are a rarity where i live, and landlords and letting agents do the bare minimum. a mortgage works out less in payments per month than rent, yes there is up keep, but it is well worth it, for the money you save each month you can start a savings account for such things, you've the possibility that your home will increase in value, from my experience over the last few years of ownership it definitely bring a peace of mind.
it can be hard sometimes you know that, but keep pushing forward, better days will come, i’m sure of it:)
i'm assuming he means a month.
no bank is going to loan you money based off a down payment that is also a loan. doing a bunch of hand wavy techno stuff in front of it does not change that fact
thank you kindly. i do not want to bum anyone out, but many people are euphoric and crypto has always been very volatile. i trust in eth in the long term, but that does not say anything about the short term.
thanks for the backup, much appreciated. i sometimes feel like an old boor, saying stuff like it here :)
not to mention that "eth can only go up" means that you're never using your eth. you need to spend eventually otherwise there was no value in having it in first place.
i too agree in laddered sell targets.
my pumps my pumps my pumps
a bunch of exchanges allow reoccurring buys. not sure where you live, but i cut 401k contributions way back and put it in top 5 coins instead. *this is not financial advice
yep, i’m from there.
i appreciate the followup. thanks again.
again, you don’t know what you are talking about. i can get a cash loan for up to 80% of my collateral on compound or aave. i take that cash loan in the form of dai or usdc to a cex, sell it to usd, to my bank account. there’s your down payment. you need more education to speak with authority in crypto subs.
take your profits and be happy. keep buying back in though, we just getting started. i feel another defi summer coming. i think institutional money is buying eth to become active in defi...
didnt even have a sell target. last time i sold was at 2800 and i was gonna sell at 4k but for some reason my wallet decided that my tsx was at 150 gwei so i had to wait 3 days for it to land in my coinbase. lucky for me in those 3 days it rose another :)
dca in... dca out
me too - writing from my luxury bijoux executive £500k lockup
this has nothing to do with crypto, that is all background noise. you have to explain where random big chunks of money come from to the bank. they look into this stuff- doing what you suggest, your options are not getting the loan, or mortgage fraud
institutional money has already started, and it will rock our boats, i agree!
haha that is a lucky coincidence.
is this meant to be some sort of flex? i couldn’t care less 😂
nobody can repossess your crypto loan, only the collateral. it’s cash
sorry mate, didn’t quite understand it. thought you were flexing 😂
nope i can only aspire to owning a lockup in zone 1!
i'd like this guy to time travel to 2013, break into my house and slap my old self in the face, but he would probably catch me masturbating.
i saw bitcoin's potential at 'm now bullish on ethereum, i think you should all be scared.
i love eth but that’s essentially taking financial advice from someone who won the lottery
i hope he is right, it would be an excellent way for the year to go. also saw that eth could surpass btc as top crypto. fingers crossed
i'm still a bit bummed, this guy now suddenly makes youtube videos with mmcrypto and switched from his calm home videos to "omg, this is urgent!!!111! watch immediately if you want to be rich and hang out in dubai like me"
there's no way of that. i will literally eat my own shit if eth is at 10k by the end of 2021.
so he thinks 6 months is long term? would even agree with him because in crypto everything happens really fast. things change dramatically in a day. so 6 months is a lot in crypto time.
a friend of mine mentioned it to me in passing one day. i read the paper and sold every stock i had and put 100% of it in eth. big gamble, right? i bought eth at .00.
bro, “this year” is short term
this guy even predicted the fall of mt. gox, he has a good sixth sense: in a 2013 video, he warned investors against holding money and bitcoins with tokyo-based exchange mt. gox. at the time, mt. gox was facilitating more than half of all bitcoin transactions world-wide. “it is my opinion that you should abandon mt. gox,” he said in a june 23, 2013, video. “i would suggest you move out of it. do the trade on the day and get out. do not leave money in there.” his video is here:
davinci famously bought bitcoin at , and he was trying to tell people to buy as well:
satoshi = god jeremie = the prophet.
i always hate these headlines about "guy who predicted amazon's rise now says _______!" one correct call in hindsight does not make someone some kind of trusted authority. a lot of people in this sub also "saw bitcoin's potential at "
i hate that mf! well, tbh i hate him because i envy him. i wish i had his vision a few years ago.
i agree. ethereum is a fantastic investment.
there's no doubt on eth hitting , meme stocks or even security tokens
yeah, eth will hit .
no matter what you say, as long as you say it goes up, you are good.
if you were wondering, i am also bullish on ethereum!
. future cash flows for projects built on ethereum will overtake apple, but just using a market cap of apple as a target, that would make eth worth around . so not an unreasonable price target at all.
a few weeks ago bitboy crypto said eth will be 27k on halloween 2021. hmmn. would be nice
hopefully. we are waiting for that.
eth below 20k is basically fud
finger crossed that it plummets to 3 digits before it goes back up again. 😅😅
why would we think he would be right about eth?
davinci saw bitcoin's potential at about , not at . and we now have half a year left and not likely to go to .
don't be ultra bullish or bullish*t
you got that right.
"short term", "this year" what are people's time horizons to think this year is not short term?
good luck with that...
dont listen to shills, they already have massive bags ready to dump on noobs
lightning strikes same spot twice?
i’m a big fan of eth but in fairness, this was said about bitcoin which is now the not talked about odd cousin.
that **is** the short term... 🙄 comments like this are total pointless hype nonsense. eth will eventually go to 10k. but it would not be this year.
ok, now shit got serious. i’m splurging everything on eth
thats a 1.2 trillion market cap. do you guys think its likely?
remind me! 6 months i hope to god we see even just 5-8k eoy. maybe future me will see i was far too conservative
"no matter short term" and also "10,000 this year"... why is stupid shit like this upvoted dear god
blind optimism is rampant in crypto. i'd love to believe in the most bullish sentiments, but gotta consider reality.
i have 2,000 doge and 8,000 vet should i convert all my vet to doge? or keep as is? thanks!
lightening doesn’t strike the same place twice.
not only this guy, i think everyone understands about eth knows this will happen
lots of people talked about the potential of btc a long time ago. can we chill with the jerk?
by the way, 'this year' is the short term.
10k this year *is* the short term... that being said, if bitcoin goes back to bull business, yes 10k eth is easy, judging by its relative strength with btc in the 30’s
i’ve been here since . i also think it’ll hit .0
im gonna tell my grandkids this was vitalik
,000 is very high estimate i hope it happens but it seems unlikely esp with everyone saying it’ll go to 10k . market looks very bearish at the moment
buy catge coin on pancakeswap, you can see it on coinmarketcap
boomer here. question, what is the recommended brokerage for crypto? currently holding on rh. also, explain the wallet. if i buy eth, do i have to send it to a wallet and it is still invested simultaneously? thanks in advance
seems like money grab when you this late to the game and you say you had btc at . people who had btc at . i saw eth vision when i read the white paper in 2017 when it was . why he just now doing research.
well damn it not quite but 4.8k was close to what i was hoping at minimum of 5k. i didn’t take profits though.
guess this would happen anyway, even he visited you now😂
hey, i am jeremie davinci from the future. had to hack into this account because in 2029 we do not have old fashioned logins - we just use our ens to use whatever service you like. just wanted to say: stop masturbating and buy eth at any cost.
the year is 2045, you’ve just wished he would he would tweet non-stop about etherium in 2021, here is your wish!
count yourself lucky -- some people pay extra for that kind of thing.
that’s why i do all my masturbating while i buy eth
he would catch me on wow. if only i was in vitalik's fucking guild...
dude has a fucking yacht now
yeah! let’s see what happens eoy 2021!
usually big global market crashes happen between october and january, so i hope we will continue to pump at least until october.
people have been talking about this for years. look up “the flippening”
we’re getting close to 50% guys...
"eth could go up or down by the end of the day, this could change everything!!"
yeah, that’s the downside of crypto youtubers, their videos are often very clickbait-ish.
yeah and hangin out with bybit sellers like that moon guy. sad
unfortunately yes. this man is not made for those cringey strokelike thumbnails and he secretly knows it.
is anyone surprised? a broken clock was right one time and is now trying to cash in. just like pretty much anyone else would do.
can you drink in dubai?
get ready to eat 💩💩
i agree with you, but i would not eat my own shit. i'll have a nice plate of spaghetti on new years eve if eth is at .
doesn't count if that is already your kink.
can you eat your pernus
eth 2.0 could make that happen. so i wouldn't count it out.
live stream and i'll tip in eth. no funny business. i want to watch it exit your asshole enter your mouth hole.
so, youre hinting towards the much higher likelihood of it being in the 10001-10007 region? or 42069-69420 region?
damn bro... hope you’re building up that appetite. eth could pump to 10k in august, we have no clue what type of effect eip1559 can do... and then the hype regarding eth2.0, people might get more aggressive with buying before the update drops.
that’s a rough bet to make man. lets say bitcoin goes back to 60k+, you don’t think that with this relative strength eth can push towards 10k? like yeah i’d agree if bitcoin doesn’t go back on its bull run it’s not happening for sure. but if it does, it’s all but guaranteed that eth will make a strong move towards that level
will the video be available as an nft?
this little manoeuver's gonna cost us 51 years.
this is what every newbie thinks.
that was a great decision! 👍👍👍
even "next year" is short term honestly
it is sound advice for interacting with any exchange, even today.
yeah i was there. i withdrew a week before gox collapsed.
we told everyone to not keep crypto on any exchanges. that was not anything unusual or prophetic. back then exchanges constantly went bust to either (alleged) hacks or downright exit scams.
bitcoin was never . in 2013 it ranged from low double digits to a little over (by may it was over ). still an amazing call.
the article is funny: * bitcoin has gone up for 8 years also * bitcoin has gone down for 10 days
this feels like me trying to preach to all my friends to invest in cryptos before it’s too late and the words are just falling on deaf ears. i now know how davinci felt back in 2013 when not many people took his advice.
congrats! that means you hodl quite a lot of eth even now! 👍👍👍
security token finally gets a proper marketplace. first dex for them will be launched soon
well that’s when my baby boy will be born. my wife will never know if i’m screaming at my phone for the eth run or the baby coming out.
yes we are waiting for it!
😹that’ll be very scary!
i hope so man idk if i want to buy in now or not
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coinbase, gemini are good. binance is ok as well. you can either leave it on the exchange, or withdraw it to a wallet (recommended). in any case, try not to put all eggs in one basket!
if he comes to my home today in a massive rally i'm probably masturbating furiously. like that week we went from 2800 to 4300.
that’s nonsense. most of us have two hands. just do both.
exactly ... helps be hold long enough on a dip 😏
hopefully a sharp crash and then quick rise. because tax value is determined at eoy. :)
setting a reminder for dec. 10k at least
unfortunately the game is the game
it'll be worth it if eth reaches 10k
come on... how about spaghetti sauce with a light touch of truffle and shit?
i play both sides so i always come out on top :)
i just think eth does not have enough momentum to go to 10k before 2022 when the crypto bull run seems to be over. even though i am bullish long term and think we'll eventually reach 10k at some point in the future, i am certain enough it would not happen this year to make this kind of bet. also, i do not think btc is going back to 60k this run aswell, i believe it is over and we'll see the next one in 4 years or so.
it sure was. i held even through all the pumps and dumps. still hodling...cannot break me...
coinbase is insured though, right?
good point. sorry i misread, this guy told people to buy (not bitcoin at ).
yeah, most people sure wish they had listened to davinci!
dex like uniswap or pancakswap for security tokens alone or it will also be for tokenized stocks, meme stocks, gme stocks etc
i suggest naming the little boy vitalik jr
after the holding through the crypto winter of 2017-2020, nothing shakes my nerves any more. 🥶
crazy story, i had cb years ago. recently downloaded the coinbase wallet but cannot get into my original cb account. when i try to change the password, i type in my email address but never get a text. does gemini have a wallet for crypto?
yeah i get an erection at the very thought of that week
haha i hope you hydrated well for that marathon
the spirit of cryptosmus future.
ah not where i am. every transaction is taxed individually here 😂
tax value is determined at point of entry and point of sale.
is this true of the us?
yes, i’d like to buy more at a cheaper price please
the good old hedge.
well yeah if you don’t believe btc can make another push than that’s a reasonable extrapolation to make and i would agree in that case. i’m just not certain the run is over yet, below 30k and i’m with ya
you should rake some profits dude. i mean your life and everything, but seriously.
for coinbase customers in the usa, only funds held as cash (usd) are held in a us bank and are covered by pass-through fdic insurance up to ,000. this does not cover the crypto. insurance does not even factor in, though, because the best practice is to custody your cryptocurrency and never leave it in another entity's possession. remember, not your keys not your coins.
yeah. it’s crazy how there were so few who would listen. it was posted here every five minutes.
90s kids will remember when transaction fees were low enough to buy
i got in at 😭
i don’t know if gemini has a separate wallet app, but when you buy eth there you are given an eth address, you can send.
bro i drank water to prepare physically cus mentally i never comprehended it hahaha
i'm not from us.
i have... and that is how i acquired even more.
this is the wei...
🙀🙀🙀 if only i had followed his advice...
,000 investment in bitcoin in 2010 is worth like, 700m today or something crazy right...
sounds good. do they have lots of other crypto like dogecoin, cardano, shiba etc.?
i mean in currency that can actually buy things
yes this is the gwei
if you didn’t know about hardware wallets at that time and kept it there you probably wouldn’t have that today. which exchanges from 2009 survived until this day? also if you kept it on your hard drive, there’s huge chances you got rid of that computer years ago.
gemini does have bitcoin and doge, as well as around 10-20 other coins
with flexa and amp, i can actually use eth to actually buy things...instantly.
none. there were no exchanges in 2009. i know cause i tried to buy back then, but it was super sketchy and basically you traded them on forums or mined them with your computer. then the first exchange popped up, mt gox. which was an old magic the gathering website re-purposed. so likely most of us if we bought back then would have the sad story of having 1k bitcoins in a landfill old computer somewhere.
that’s just a collateral management app right? you give them crypto, they give you cash. that relegates eth to being a value store — and eth’s entire angle, especially since it’s inflationary, is that it’s *not* that. if we’re just going to treat these things like trading cards and rely on centralized non-blockchain apps to manage them, doesn’t that kind of defeat the entire point?
not quite. its a payment rail. you want to buy x with crypto y, but y takes 20 mins to complete tx. flexa will use amp collateral to instantly tx and return to pool when y drops in their wallet...or it can convert to $. you can walk into dunkin and pay for coffee with crypto like it was a cc tx.
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unfortunately this will be the next scam. i can hear it now i am ukrainian and my account is frozen send me bitcoin. it makes me really sad because people really need help and scammers are going to screw them. i am approached on twitter daily by scammers.
ukrainians are fleeing to the russia aligned khazars... why? poland is open for business to other slavic countries. they should all go there. not trying to be critical, i have no idea what they are going through. but still, that does surprise me.
so what exactly happens here... without a bank account, no fiat offramp, which means he is dependant on being able to buy services directly with ether etc? genuinely curious. will he be able to open a bank account that is native to the country he is staying in?
hope they do not cut off the internet there
that's why we need adoption
i do not know if crypto is actually life saving, but i have my life savings in crypto.
im glad that crypto is helping atleast some from ukraine
i agree. cryptocurrency solves a lot of problems in this situation. i sent ,000 usdt to my friends in ukraine. thanks for not being banned. peace for everyone!
what happens in ukraine if they have no access to internet and rely on crypto?
hopefully, this helps you get out. fast. good luck dude.
yes it is life saving, whales are funding ukraine charity organizations with crypto
not sure how will save him, but btc and eth sure will.
yeah there is scammers everywhere allday everyday find the real people who need real help & help them when we can!! evidence of truth or ignore it! crypto is the way!!!!
i could believe this if not for the nft mention.
he owns a sappy seal too. my man
anyone still need any examples of why blockchain is a superior financial system? own your wealth! only problem you’ll have is figuring out how to cash it in for life necessities (for now) and i don’t think you’ll have a problem finding a bank who isn’t constantly horny for new customers (i.e wells fargo)
use a conflict to shill nfts, not very morally uprights l
things must be fucked if nfts are considered life-saving. also: **why on earth did they flee to kazakstan through russia?!**
still required fiat to get there...
this is why we need decentralized systems
way more sense than that guy in the states whose "life was saved" by a bitcoin atm when he ran out of cash to pay for gas on a road trip
invasion’s have a forefront.
i’m happy you’re safe
better buy crypto now huh
throw down some of that crypto as a bounty on putin’s head
decentralization, gotta love it!
that is why it has been created. fiat is an old system.
that's true because we do not need central authority for crypto
truly. been using polygon and alchemy pay for a while to avoid using banks. i live in a third world country where we cannot trust banks anymore. game changer honestly.
no fees for currency conversion and no ties to banks… i hope others made the same decision🥺
wow. god bless you and your loved ones may wealth come your way and stay safe.
yep. crypto is a lifesaver. i mean so many opportunities. you can use tether as a payment on untrust.
russia will move and expand that border. that area is now almost done. russia may lose in the long run but by taking ukraine, securing crimea and georgia he will control the black sea. belarus already played a big role in the ukraine invasion. un and nato would not do squat because china is gotta be waiting for an excuse to start moving eastward. then there are these guys, iraq, iran, afghanistan, pakistan, india and saudi that cannot get along in the south. kazakhstan is right in the middle of it. i have a feeling they will pay dearly for denying russia. but despite this gloomy dark days to come crypto will prove to be useful in the aftermath.
so much propaganda coming out of this situation it’s insane
thank god for crypto!
it's very nice to see, it is good that it is being used in something good.
i completely agree with you on this. crypto is out for freedom and to save the world. i have benefited from a lot of projects. fufu has been a great place for earning for me and i am excited about the p2e project and their nfts also. peace to the world.
maybe he should go back home and kill some russians
when played right, crypto can truly be a life-saving tool, other than giving the power to the people and shifting to decentralized finances, crypto can literally create fortunes that can change your life. a 100x on solanaprime is not a far fetch and i think with their team doing what's best for the investors, they are meant to house the next gems. launchpads are the next big thing and you should ride along to fortunes
buy jacy, they are donating transaction tax to ukraine aid currently. really good people working on this project
you starting to appreciate crypto in times like this. banks are closing or do not work, but your crypto is always with you. i hope i'll not be in a situation like this, but i'll have btc, eth, and usdt to save me if anything happens.
i hope you're doing well bro! try investing into some realestate too while you're at it you never know it might help and it is all in crypto they have their own token , just trying to help! goodluck
if you want to invest in crypto buy reduce the downside risk, consider getting option. one good defi options platform would be premia
yeah i was just thinking the same thing. as i read that i though oh i should send some crypto to some ukrainians in need of help and then i realized that scammers would be all over this immediately. can we agree that scammers are the just about the worst scum of the earth? send me . but goddamn they’re the worst cunts on the planet.
the easy way to avoid this - dont ever send anyone money. you wanna help? manually donate to an ngo.
crypto is really life saving,this is proved now
these scammers are so annoying
yep, that is not actually far fetched and can happen definitely.
p2p would have been the way to go, but scammer would not let it be successful. you could use official crypto payment service like utrust. i learnt they are currently charging no fees for ukrainians using their platform.
unfortunately there will always be people with bad intentions wanting to scam and steal people it's very sad that they take advantage of situations as unfortunate as these for bad actions
supposedly putin requested kazakhstan to send troops to assist with the invasion of ukraine, and they denied the request. assuming this is true, it seems even his allies foreign and domestic are slowly turning on him. and hopefully this is then the beginning of his downfall. only time will tell.
if they far from poland and close to kazakhstan they sure do not want to cross the whole country with all the mess going on.
i don’t know he probably already was visiting there and war happened.
they are going wherever they are finding place to hide
because it’s better to go anywhere but ukraine or belarus or russia right now. he’s not going to be detained or in danger there
well, fwiw tens of thousands of ukranians were also fleeing to russia just this week (and have been doing so for the past 8 years). the fact that this is not a common knowledge just proves how selective the media is in providing the information to the rest of the world.
where ever your closest to. ridiculous that you would expect people to cross an entire country while its being bombed just to go to poland lol
they must be using only crypto payments directly by calculating the value of their coins in usd.
don’t know how legit they are but there are services for buying various types of gift cards, prepaid visa, etc. with crypto. i’m sure they can figure out something without relying on kyc.
i'm not exactly sure how they work tbh but bitcoin atms are a thing.
now that they did it, elon musk has come to the rescue.
it is actually saving at the end it is the only option as i can think of right now.
anything that helps them at this time is lifesaver
as we said. crypto is the future in the now i'm also glad that they can at least count on the crypto money. poor people
that's what crypto was meant for, to maintain the money network in the worst circumstances and we can see that fiat is failing just in 2 days.
and then what do they do with those usdt exactly? it's not like paolo is there to exchange them for cash dollar bills. seriously wondering.
that's great, your doing a great work. hope.it works out for your friends.
then they cant use it but still have it. also there is prob mobile internet there
in many places internet has already been shut off, but they have lot of other problems to deal with.
if only some famous people in crypto community share the donation address, people will help them out.
his profile picture nft is worth around 1 eth and very liquid.
that's kind of hard to know, but still some money can be made from selling nfts and all the profit gets donated to ukraine.
its impossible to verify is some person is real or fake, so just prefer donating to trusted source.
it might not be for the now but that does not mean that nfts do not have their values and we can see that with the buzz around it and how a project like govworld is willing to accept it as collateral for loans. so it is very much possible.
why not? nfts are probably the most hyped thing in crypto and people have made lot of money from it. it will surely help.
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the cashing out problem will simply go away if everyone agrees to use crypto.
maybe it is not morally upright, but if it can help ukrainians financially, it is okay.
"why didnt they cross the country with their family while its being bombed and is in an active war zone just to go to poland?" jeee why indeed.
because kazakhstan is also close to some parts of ukraine.
like buying anc, or savg or luna? i wonder if there is any crypto worth buying at the moment except those 3, excluding eth and btc of course. buying the dip is the current gospel now. i hope it is worth it at the end of the day
i believe it is never to late to buy bitcoin, it will workout in the long run.
that's only if there is no need to convert your crypto to fiat.
yes, i'm from indonesia and here also we can use crypto for pretty much everything.
unfortunately this is not a choice anymore, the banking systems of ukraine has been thisrupted.
and the good thing is that they have recently removed all fees for users from ukraine.
it's 'ukraine' and not 'the ukraine' [[merriam-webster]( [[bbc styleguide]( ^(beep boop i’m a bot)
if russia manages to take ukraine, they will definitely go to invade kazakhstan next.
investing in real estate is a good choice no doubt but not the best option at the moment mate. i would rather suggest something like staking that will bring in constant income and we have projects like govworld, juno, cosmos, etc to look into.
when looking at minimizing risk i think spool will be one of the best options because of its willingness to allow individuals to create their own pool or use a third-party tool that is based on an individual's risk appetite.
i just got scammed yesterday for 450 smfh. they really go to the extent of faking a mint for a nft made it look exactly alike. i can guarantee it will never happen again.
people who take advantage of such situations deserve a special place in hell.
ngos do that shit all of the time too, so it is important to research where you're sending it regardless. it's not as lawless, and *sometimes* there are consequences (unlike with crypto), but it still does not mean you can just send your money to any ol' ngo.
most ngo's are the worst scams, they only exist to give bonuses to the ceo and barely any money goes to the cause, so you gotta dyor
i do not think that will work anymore, most of the donations might get stolen by russians.
you can donate directly to the national bank of ukraine’s fund for their armed forces.
it's already happening, if you see on twitter you can see so many fake profiles of ukrainian citizens.
people are using direct p2p, means that you only need your bitcoin wallet, no third parties.
god will punish them for this, let those scums die.
agreed. i was happy when i read about that. they also refused to recognize the ukrainian breakaway states as legitimate. this is a great sign that russia has burnt a lot of political influence just in the two days they have been operating in ukraine. but that is no where near good enough. i want to see countries around the world refuse to buy their commodities. that is one of the single best ways to hurt their economy.
i agree but what if is backed into a corner where he knows he’s done for and then just uses all those nukes? russia has the most out of any country. we would have to hope soldiers would have a coup d’état and end that
so … they forgot poland too.
kazakhstan did great by denying that. that's not morally good.
you have to cross ukrainian territory heavily occupied by russian forces. and part of russia itself to get to kazakhstan from ukraine.
> ukraine far from poland, close to kazakhstan when's the last time you took a look at a map, comrade? *no one* with half a brain is going to try to flee through the heavily attacked donbas, and then go through russia's southern federal district, before even reaching kazakhstan's border, and then even longer before arriving in atyrau (the closest real city)... instead of going northwest to their neighbouring poland.
yeah true, people know that in this times all other countries will understand them.
didn't think about that. good point.
not really, people are even running inside russian regions near the border that are not protected.
also, up is down. don’t listen to the selective media that says otherwise.
oooohhhhh yeah, fleeing that *scary* nato support and the terrifying european union community. got chills just thinking about it. just as bad, if not worse than literal invasion including thisregard for civilian casualties. fuck off with the agitprop, comrade
why not? it's not a surprise to me that this is possible canada and us people move in and out everytime, does not mean that they cannot go on a war.
yeah but you have to cross the heavily contested donetsk region occupied by russia. not to mention cross russia itself to get to kazakhstan. seams worse. poland is in the opposite direction of the invasion.
people are not looking to go to any specific country, they are just running to the closest one.
i wonder if they will be able to do any kind of transaction.
then why not just send them gift card codes via email in the first place??!
so people are having all this time to exchange their coins for gift card seems dumb
yes ,you can deposit fiat and buy bitcoins and vice versa. not sure if they have them in ukraine.
yeah you are right he have to come in to help the people there.
agreed, but we must make sure that we donate to verified sources only.
it will be even better it they directly start to trade things for crypto and not try to cash from t out to their currency first.
yeah you are right this is the reason why we need the crypto right now.
it's usdt! they can pay usdt to anyone selling services and people will readily accept it.
i think it will work for them as of now to be honest like that.
yes, the internet is far more resistent then we think
yeah indeed they have a lot of problems right now to take care of right now.
yeah you are right but the fact is that people need to help each other out as well.
yeah the trusted sources are needed to understand more of it right now.
it's already happening, lot of artists are coming forward and creating art and donating all the funds collected.
i worked for multiple banks as a licensed banker. all banks have their lame catch phrases and names for their marketing schemes. they all have the exact same goal, control someone’s entire financial relationship under their roof so they are free to use your funds to grow their own business. and they (ex-me) used to convince the poor financially uneducated folks we were there to help them 😂 😪 bank culture thisgusts me
that's great but you have to pay taxes for withdrawal of crypto.
*"instead let us flee through the nation that is attacking us and go past the front lines and towards the approaching and hostile army instead and seek shelter inside one of russian allies' borders!"* fleeing through the middle of ukraine, where it is (or: was) mostly peaceful sounds a bit smarter than going through an active frontline, through a hostile country and towards a potentially opposing country. you gotta ask yourself that. the germans did not flee from the russians through russia either. and syrian refugees did not flee through isis territory either. because it is not the smartest of moves.
take a look at a map sometime, comrade.
it's stupid to question people why they choose to save their life by running to the nearest country they had.
a lot of my friends are there as well from last few days as well.
no, it is not the time to keep buying in altcoins. only buy the top 2.
most of the countries are making progress in that field as well buddy.
yeah you are right they are just facing a lot of problem right now.
unfortunately, some of the ngos are not at all ngos, they’re fronts to wash money to some entities. but we can always go with old trustworthy ngos and avoid shady new ones
that's why we must always look and research about the ngos policies before donations.
many ot them run advertisement campaigns too, where they sell lottery claiming that all the extra money will go to donations but it is just a scam too.
you are right this is the reason why we do not need to sonate anything.
i do not think government needs money now, they can arrange lot of money but they do not have the manpower.
yeah you are right it is just all the propaganda as i can see.
i do not think that anyone is going to have any such problem lol! they are just doing what they want.
yeah commodities like gas and oil, that we use every single day. we fucked ourselves (europe) by making our nations dependent on russia, but what can the average joe do aye
i'm happy atleast someone got the brains to recognise it.
that can be done by any country that has nukes, we just live on the trust that the leader of the country will have some morale.
poland is definitely helping ukraine so much, inspite of getting warned by putin.
if they manage to capture kiev, they will also try to capture kazakhstan to secure them from west side.
they must have some reason if they are going there. we should not try to interpret everything.
i know right all the small countries are facing the same kind of fear.
i know right romania and poland are already ding their part.
they are not protected they are just being very stupid by doing that.
this people are always looking for some conspiracy theory in everything .ffs.
if only everything was as simple as up&down, and did not involve human lifes. keep listening to whoever, but it might be worth to sometimes think that maybe, just maybe both sides are full of shit, and only say what's convenient for them to say at the moment.
i do not get your point. are you saying that did not happen? because it did and still does. and is it really that difficult to comprehend that there are people that indeed truly believe to what you're sarcastically saying about the eu & nato? it's not their fault, it is what they are led to believe their entire lives, whether that seems funny to you or not. either way, it seems quite naive (especially after all the recent conflicts and wars in the past years that took places elsewhere) to be so confident that everything you are seeing on tv is always and complete truth.
so many people still believe that organisations like nato or un will help anyone in a war.
i think they are just right by what they are trying to do right now.
i think russians are not targeting or killing civilians so it is possible to cross.
indeed no country actually deserve what that country is getting right now.
i heard about crypto atms
? they are not asking for donations, they appear to already have crypto. i’m curious what they would do without kyc also, was just throwing that idea out there. what would you suggested?
that's kind of dumb, they cannot use giftcard to pay for things.
? what do you mean? they are not asking for money, they are saying the savings they currently have are in crypto and that is all that is left. it does not make sense to keep any savings in visa gift cards
yeah it seems dumb but atleast it is a new concept among all.
i think they are from ukraine only as much as i can see of it right now.
indeed but the fact is that every country need to start adopting it right now.
who accepts usdt in real life anywhere?
> resistent then we *than *learn the difference [here]( *** ^(greetings, i am a language corrector bot. to make me ignore further mistakes from you in the future, reply `!optout` to this comment.)
that's good news to hear but for clarification's sake, the arts created are they been collateralized just like i said govweorld intends to do or sell in a marketplace whilst the funds are used as donations?
i wonder how much they will be able to collect on it right now.
that's their only goal, get as much as deposit from people and lend them all the money they want to borrow.
easy to say that seated on your sofa bro.
it's not always like what it looks like on the map, there must be some strategic way to move through the way they went.
my big bags are the two top coin btc and eth but this does not stop me from buying alts, there are several fundamental projects worth buying into, go check polygon matic it is really doing good in the space while there are so many others like bnb, uni, dot, pnode, sushi, and many others.
lmao than this is pretty much good for you as well to be honest.
perhaps you are right. it may not be the time to buy many altcoins but it will make sense to diversify at this time. buying too much is not necessary but a strategic investment makes a lot of sense to me. buying two high caps like eth and bnb, one middle cap like anc and one promsing low cap like spool. not much altcoins but solid enough to come out of this season shining. btc is overrated by the way. altcoins are the big game now
yup, they have to show no profit on paper but they pay huge salaries to their employees and wash money that way.
indeed these can be scams and can lead to much more scams like that.
you are right about it, they need ammunition and manpower a lot f them.
europes moves in energy are so impossibly stupid. soooo stupid.
i’ve stopped used anything natural gas related. only fossil fuel i use is petrol, soon to be changed. and i live in a city… nobody needs gas anymore.
biden won’t do squat to increase u.s. production of fossil fuels, because it will hurt him politically with his green energy base. he will choose politics over what’s right, and at the same time tell us he’s doing everything he can to help ukraine. bs scumbag politician.
here in america some of our companies are spinning up more production in the oil fields. would love to see euro countries buy from us instead and get away from russian energy dependence. and executive order by my brain dead president can make them all increase production and set reserves aside specifically to sell to european buyers.
and now the world is doing the same thing with china, they have monopoly on most of our technological industry.
yeah you are right at least someone is trying their best to do that.
yeah they are just there to help the all the people who are being thisrupted by that.
i do not think that they will be able to capture the capital that much easily.
but the fact is that they are not safe thereat all and we know that already.
more likely it’s state sponsored russian propaganda
i know right even i am looking for some kind of theories lol.
i do not want to know which of them is wrong, i just know that this is not a fair fight and i've seen many civilians injured so i'm supporting ukraine.
or maybe putin is a violent dictator who murders his opponents, invades other countries and controls all media inside of russia to thisseminate the kind of reasoning you’re repeating.
no one is going to help anyone as much as i can think of right now.
i think the are jus misfiring a lot of stuff and getting the civilians killed.
that's great that they have crypto, because their banking system has failed.
? what? aren't people talking about sending gifts to the people who need money?
i think they need to borrow more of it but they are not going to do it.
yeah it feels like they are there for the strategic way as well.
they are going to pay huge salaries but it is of no use as of now.
thank the germans for that …
that was the only closest source and since russia has so much of natural gas, whole russia imports it from them.
unfortunately most of europe's electricity is produced by use of natural gas
when prices at the pump start skyrocketing, this will change. that being said, he can’t flick a switch to increase production. us oil companies have to increase production. they had been hesitant due to investment community pressures but they are starting to cave to the money they can make.
but a countries fossil fuel production entirely depends if they have a lot of fuel in first place.
there is much advantage of europe to buy things from russia because they are close and russians sell crude oil at cheaper rate, us oil will be more expensive.
you are right and this is why i do not really trust them a lot.
even i am supporting them as no on is supporting them as of now.
it's not an "or", it is both. i never counterpointed what you are saying here.
and the fact is that they will not be able to do any kind of transactions.
the stronger countries in the european region should have not let this happen.
why’d they get rid of nuclear? stupidest shit ever
yeah you are right russian imports and exports are going to be banned.
isn’t germany just next to a country that is fully powered by green power? either way there are plenty of alternatives...
and most of europe uses it too, it is winter time. people cannot live without electricity for even an hour.
yeah and it is sent by russia only and we all know that to be honest.
all these middle east countries got rich on oil money, how is not profitable?
keystone pipeline, unnecessary restrictions and regulations, allowing additional drilling and fracking, creating a direct energy supply to europe. these would all scare putin regarding the future competition for his country’s primary resource for decades (and the rest of his rule). make it too expensive for him to wage war. the opposite has happened lately, and he has been able to build a war chest and can be confident of his income over the next several years. he would be put in a position to wholly rely on china to buy his energy for a low price. china would welcome this, and leverage this power to screw him over.
they are already having a lot of fuel but it is of no use like that to be honest.
agreed. but i think we can all pay a higher price for gas and oil while ukraine is getting violated.
i think russia will not be able to export any kind of natural gas or something.
but it cannot be set up in few days, that is why this should not have been made possible in the first place.
yeah you are right so the matter of fact is that people are going to face a lot of wrath.
i do not think that it is very much profitable for them in longer run.
even if that happens china won’t screw him over. they will need the russians for their future expansion plans …
putin seems like he does not care about his own citizen, he will still be eating caviars for dinner even if his country becomes poor.
we cannot expect anything from china, they are also not different from russia.
he does not care about anyone the country is going to suffer a lot.
yeah most of the countries are like that when it comes to war.
power corrupts and vitalik weirdly seems to become more humble the more power he gets.
vitalik 100% agree. the other name...deleted.
elon musk is anything but a hero
buy the way elon bought his name amd tittle as the founder of tesla... he did not invent fuck all... now he is pushing people to pump shit coins to make the rich even more money...he is no good for crypto
no harm in having more heroes. elon certainly not one of them. more heroes the better for the world.
well, thank you u
i'm starting to wish twitter would ban elon.
it makes sense to donate a billion though. otherwise it is not worth the gas fees 👀
ya elon is not good for the crypto space, at this point hes a pump and dumper
all this billionaire worship is sad
yea he gave away shiba inu that he didn’t even buy lol
is vitalik no longer a billionaire then?
can’t tell if elon is a hero or a super villain 🤔
it may be a blessing for eth that muskman pointed out btcs energy use. i got to buy the dip, eth already well positioned in this regards, this should help the decoupling between the 2 which i think is very very good for eth
what the fuck is elon trying to do
many charities are fraudulent. be careful what you believe.
i think the real story that would not see the day is vitalik doing v things
you trying to say elon is a hero?
elon is not good for crypto or his employees. grade a cunt
well this aint gonna age well
this title is r
lots of salty bitches in the comments who do not like that their magic internet money goes up and down in value. pro tip, if you're blaming elon musk for your crypto failings, ngmi.
i would donate 1mil too if it was not my money
hodling eth and doge here!!🤙🏽
i think what i suspected is true.musk is not doing shit at any of his companies, but wields enormous power crafted through his supremely intellectual public persona. any serious individual bounded by time as we all are & claiming to be tackling problems on multiple fronts in different industries wouldn't be so frivolous with their talk or their time.
good morning vitalik “donated” a billion in meme coins to destroy a threat to his market. elon is fucking around. get off billionaires tits already. they don’t care about you.
the problem is how many people are gonna think vitalik is a villian for pulling the rug out on their memecoin millions with his donation.
this didn’t age well after elon single-handedly torpedoed the crypto market overnight.
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [ico]("last usage")initial coin offering ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 24 acronyms.) ^([thread for this sub, first seen 13th may 2021, 14:55]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
did someone say amogus??
did he just say among us
did this guy just call fucking elon musk a hero? fuck that guy.
why does this make him a hero? pump and dump is not heroic at all.
that fool vitalik is shady, donating the peoples jack move. many peoples shiba shares are lost
i like eth and i know it will continue to grow, but this is unfair comparison. if elon was "gifted" 50 billion dollars worth of coins without his knowledge and was forced into a shill corner against his wishes, i am pretty sure he would sell all of it and donate 5% of it to whomever like vitalik did too.
lol how the fuck do people buy elon as a hero
i’ll go for the humanitarian ,isn’t part of investing in crypto ,and making money ,to give and help less fortunate ,less go back to the gme saga ,a lot was given to sick kids ,a lot were donated to save animals ,i’ll load up on eth on this dip ,just cause of what vitalik did
it seems that when elon speaks every one listens and acts on it.
elon musk never was, and never will be a hero. the factory incident last year proved that beyond any doubt. he’s a daddy’s boy that had the intelligence to take his silver spoon and turn it into a bag of gold. there’s nothing unique or admirable about that. he could have used his fortune to improve entire nations. he’d rather hoard his pile of gold and be a memelord. it’s pathetic, and truly says alot about society that he’s admired at all.
i just hope we haven’t just gone through what happened in 2017. i’d hate to see a decline for several years. but then again...sale?
fuck that fool, he donated shiba coins on share holder expense. instead out of his own pocket. putting out a coin to fool people to buy by the millions thinking they profit, but instead he looks like the hero for donating the peoples shiba coins. shady little fuck. scam before your eyes
vitalik is a super star.
oh sure, that was so nice of your russian hacker to give away
why did vitalik create the knockoff coin to begin with. he pulls the rug on investors and now we’re supposed to trust eth? something seems shady to me.
wait until elon will say he will accept dogecoin instead of bitcoin...😂😂😂
it's great what he did and also a right off for his taxes
i will also make a twitter account, preferably with a name similar to a famous person, tweets something good about vitalik and ethereum, post in ethtrader, gets lots of upvotes because no need to verify the tweet, gets rewarded in donuts
both can go with musk battery car to the mars
vitalik is like master yoda. power he gets more when humble he becomes more.
power does not always corrupt if you have a strong moral fiber
money merely makes you more of who you were before
i do not think power corrupts. it's that usually people who are more narccisistic, power hungry get in to positions of power. most people actually fear power. look how many people get stuck in their careers even though they are competent enough to advance. but they reject because they fear power and responsibility it brings. and that is what seperates vitalik from elon. i do not really judge elon - he is not doing it out of spite. he's like a irresponsible man-child. insanely curious about the world and treats everything as a toy. he likes to tinker with things and see what kind of reaction it would bring. he does not have the foresight of reprecussions. if something goes wrong - he will fix it in the future. vitalik on the other hand snce day one was all about reprecussions and responsibility. he's one step ahead - more focused on the outcome of his actions than the action in itself.
let's be careful. elon started off with everyone fawning over him and has become what he is today. hope vitalik stays the same
power tends to corrupt
borderline villain at this point.
master market puppeteer at this point. he's a trash human.
the old tested way of becoming filthy rich. profit off of other people's innovation.
idk if i can believe a guy who misspells “by” and “tittle” i think you need to do your research lol
any chance you could explain to me why his comments have caused a massive sell off? everyone knows how bad bitcoin is for the environment and i always thought the future of bitcoin was as a storer of value rather than a way to purchase goods and services?
can twitter just cancel elon already?
he is still billionaire he did not dumper is ethereum. he dumped shiba inu
right now he is a super villain.
i’d go with douchebag!
marketing. he earned billions of dollars worth marketing free of cost around the world.
are you questioning the billion dollar donation? you got a billion dollars you opan on giving away to a better charity sometime soon? fucking ass
so true. charity is a great empathy business. there was a big scandal in south korea where the director of war sex slavery charity took all the donated money to buy a property in the us. and look at the leader of blm movement. she bought 4 houses in a wealthy white area lol. if you want to help the poor, skip the charity and hand it to them yourself. true heroes never brag about their good deeds. only those who wants the attention and make profits through self-image marketing does, to formulate rapport with the masses.
take that angry upvotes
also, 1.2 billion is 1200 millions. that's a lot of millions. and it is not like he could not have just kept it if he wanted.
i would donate 1mil too if 't be true t was not mine own wage *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
it was gifted to him to his wallet. do you own the things in your wallet? yes
t seemeth yond at which hour elon speaks every one harks and acts on t *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
? vitalik is from canada.
assuming he is, it is a good thing to do anyway?
wtf are you even talking about
circumstance does not make the man; it reveals him to himself.
wow, are you people serious? musk is trying a back door to manipulate the market and you clowns are buying it. he’s now oracle, he’s a businessman trying to maximize profits and control the market. wake up and think for yourself. no balls, no blue chips mate.
and collection of unicorn rainbow kitty t-shirts
part of any good diet. it's important to be regular.
moral fiber sounds like some total made up nonsense term that took off for no reason.
i fucking hate being in charge of anything. it's so draining.
i think it is more that the position of power corrupts by attracting people who would abuse it, not so much that it necessarily corrupts the person that holds it. it's something that is a lot more relevant to political positions than it is to somebody who's simply acquired a lot of followers because of their success or mannerisms.
sounds like a 10 years old kid's logic but it is probably true
nah straight villain. his efforts to force workers to work during covid causing outbreaks at his plants make him a villain. he does not care about human life. not to mention he openly supported us attempts to coup bolivia for the lithium deposits.
it's true. he has his name on something like three patents total. one is the shape of a car door i remember. the other one is on the shape of the charging port though, the one that makes it so other electric cars cannot connect to tesla charging stations. it's not functional beyond making the chargers exclusive and incompatible with other chargers, basically exactly what apple does and why rossman is fighting them for right-to-repair. he did not invent anything. he did not create anything. most of the value of his companies come from publicly developed technologies for the military. i dunno why i'm typing all this. i'm just repeating everything from this video really
because he has clout. that's basically it
people often tie events to market movements retroactively. this wave down was expected on my ta and many others i follow and compare with. not necessarily to do with anything
it would be the responsible thing to do.
wtf he got a billion outta shiba alone?
he always was. can’t understand how people could have ever possibly looked up to him.
yeah true. more like what's he trying to do to us
yes someone is actually awake!
not the hero we deserve, but the hero we need.
just because he’s hiding in canada does not make him not a russian! what are you trying to spread false rumors? deal with what your dealt with! he’s a russian programmer, good luck
oh sure he is
read more about it. make your own opinion. i’m skeptical at the least
the dogecoin knock off that he created. he tanked it and sent the market spiraling.
...no one is supporting musk. the guy is saying vitalik has a strong moral fiber
yes, managing humans is very taxing...they suck all the fun out of things.
yeah its crazy how much his image has suffered. 10 years ago i remember watching a ted talk or something and thinking he was cool for championing niche things like electric cars or space flight. and those things are great. but once you look past the facade of his rich nerd billionaire persona you realize he is just a rich guy, who more or less bought that persona. like when i learned he was retroactively made a founder of tesla i realized a lot of what he sold himself as was just self aggrandizement.
it still blows my mind that people in censorship resistant cryptocurrencies want to… censor people they don’t like. 🤷🏻‍♂️
having a low iq makes you gullible
vitalik did not create the dogecoin knockoff. the people who did make it sent vitalik half the supply. he did not ask for half the supply, and he was not affiliated with them in any way. he rugpulled by donating the money to covid relief in india. this was the responsible thing to do because all the other shitcoin dogecoin ripoffs started sending him half their supply so they could claim vitalik owns half the supply. this is dangerous because people like you now think hes affiliated with them. by donating those coins away, he shows that hes not putting up with this shit. don't bring this uninformed bullshit into an ethereum subreddit lmao
the understanding you had when you watched the ted talk 10 years ago was better than you have today. if you learn enough about his companies and combine that knowledge with the direct recounts of high level employees, both current and former, you come to understand that elon publically is very different than him privately and that privately he is perhaps the most gifted engineering decision maker of all time. his intuition for the relative development courses of evolving technologies is absolutely genius. all first hand reporting if this phenomenon corroborates this and marvels in it. ultimately elon is a weirdo and he gets some bizarre satisfaction out of wielding influence online and infuriating establishments, but... he is legitimately solving enormously difficult and impactful problems daily
good point... he hurt my feelings. i'm bitter and just want him to keep his thoughts to himself. i do not really want increased censorship.
the blockchain may not judge, but i do!
it’s all a pyramid scheme. the ones who buy in early get rich and everyone else pays for it. we can’t have a 100 different crypto currency’s floating around its too easy to get scammed like mr v just did. oh, but it’s all for charity. yeah ok🤦‍♂️🤦‍♂️🤦‍♂️
i think musk is smart and talented, and hell i enjoy the drama he causes. he's human, he has (many) flaws... that being said anyone who really believes in musk when it comes to any kind of market (multiple instances of security fraud), you get what you deserve.
he is an entrepreneurial genius, but let’s not pretend like he is a talented engineer. not that this matters since the guy is a sociopath
yeah, i understand. as organic meatbags we have these electro chemical reactions called feelings. blegh. anyway, i think the real beauty of the cryptocurrency space as a whole is that no one person can hurt us in the long run. we had the ico craze that crashed the market and we’ve seen how some bubbles pop but the trend line over time and the adoption over time keeps going up. we can’t expect people from the old guard who are not believers to be keepers of the flame. we can only believe in the network code. we can’t, ever, put our trust in other organic meat bags. trustless means trustless.
you're really not helping your case. "mr. v" did not get scammed. they gave him half the token supply for free. all he did is donate part of it. you bought a scam and got scammed because you did no research and chased gains. it has nothing to do with ethereum or vitalik. vitalik did 0 things wrong and is not associated with and did not pay for shiba inu.
with respect, you clearly do not have a real understanding of musk's abilities or character. you have taken other people's words for truth without any vetting of the source or attempt to dig for deeper truth. reread my past comment if you would like to learn more, there is plenty of roadmap to follow in gaining an understanding for some of the most important developments the human race is currently undertaking
i didn’t buy any just trying to make sense of it. don’t know who’s good and bad these days.
stay away from youtube. if it has anything to do with dogs, has the word "safe" in the name, has anything to do with mooning, its a scam. ether is the second largest crypto by market cap and has plenty of resources on understanding it and its ecosystem on ethereum.org stay away from anything on binance chain also. look into what decentralized finance is and why its important.
i’m 100% doge i sold my eth yesterday. i lost . elon is part of trumps team. that’s why i’m holding with 32,000 at .33
it just shot up.
i never said it wouldn't go up again. i just said its garbage compared to ethereum. nothing to do with the price. just on a fundamental level, ethereum does so much and doge does nothing. you just do not do the research to find what gives eth value.
none of that matters. once you understand the purpose of doge then you will see. most won’t realize till it’s too late. i’m here to help others wake up but it’s difficult. 99.5% of crypto will cease to exist. i don’t know the exact time frame but this is the beginning of it. elon is working with trump behind the scenes. the election is about to be overturned also. you don’t have to believe me but you will eventually.
oh shit oh fuck
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the other key is to make sure you are buying high and selling low
this is why i have not bought - i am waiting for ethereum 12k
i wonder how many of these jokes get lost in translation, and someone, somewhere is thinking…. what an idiot.
i was going to buy ,000 of bitcoin in 2012. seemed like a dumb idea at the time. 2021, still drinking cheap beer.
how does this individual not own the world by now?
as crazy as it sounds this is the reason we fomo.
accounting for debt instruments at accrued cost has entered the chat
a tried and true method: buy high, sell low
true. buy high and sell low. the best strategy in the world. and also invest in busd, usdt, or something like that and hold for 5 years.
price doesn’t matter - profits matter, however the volume of cash injection the market needs just to 2 x is phenomenal.
you sir, you're a genius! i'm giving away all my ! gonna swap it for the expensive ones.
i bought 130eth in 2017 and a few btc. i knew about btc in 2012 and my buds are like buy some! i thought it was odd. uggg. only needed to spend like 2k to be worth 200+mil. i dont think that will ever happen again.
lol nah man ... because if you would of bought at & gave them 🤷🏽‍♂️.
the fed has entered the chat
yeah, he’s one of us!
pretty much my life…
gotta give the magic internet money time to mature, amirite?
how fucking high was this person
y’all are all a bunch of suckers!!! i’m waiting till it hits 10k to buy my 1 eth. yeah i could buy 2 right now at 4600 but why when i can buy 1 at 10k!!! follow me for more financial advice!!!
u[tipped]( you 6.69 donut!
good, i’m doing it right.
i wish i had a time machine to go back and grab .
logical logic was illogical
this is post is worded strangely
reddit is so dangerous. every once in a while i scroll across something like this and *poof* loss of brain cells.
thanks for the laugh today. really needed it 😂
what a dream it would be to get some eth at ...
i read the post and then the caption and fucking geeked. thanks for that 🤣
so true! that's why stocking up on this really expensive gas for my car. so much better than the crappy .
hope you bought more than one
lmao. that's great. i feel like tracking him down on twitter and thanking him.
i really like his profil pic *click*
im just here for comment karmas lmao
i saw that post on instagram about btc lmao i was like wtf is this !
eth was never 4 usd in 2015.
eth opened at like ~
no matter what you still get to own 1 eth
the secret to getting a lambo
lol! repeat this in a few years, pls but anw what do you guys think, when eth is going to hit the high? i'm thinking if i should buy more coins now or no... i've got some usdt ready on my wallet to exchange it to eth, but cannot decide if it is the right time now.
sound logic. waiting for eth to hit 10k before i buy .
i missed the bitcoin train that same year when it was just . *crying platinum tears* 2021 .
i had around 150 btc at one point, i keep going back to that computer and seeing if they can magically reappear again.
i paid a fortune for mine as the going rate in 2016 was .
i bought 1 eth coin 2 years ago when i was first learning about crypto. i put more money into bitcoin and took a chance on eth at the time for imagine if i would of dumped it all into eth 😣
had a dream the whole market was normal but eth was 1,050,000 lmfao.
i think this post just made my day! almost had a tea-spewing moment there...
so many ways to take this.
that literally makes 0sense to me. no i’d rather me pass on that 1000x thanks?!
the amount of people that will be reading this nodding their head like 'yeah man, absolutely'.
sad thing is most people i chat about with crypto think exactly like this.
i don’t believe that’s how it works
i would rather own .
buy high sell never
still smarter than that old 97 year old grandpa.
you left out the part where you need to sell before it dips below . like your work.
lol, i think we need to be ahead of others in any investment project, choice is very important.
it doesnt matter its still same worth, its like you saying same thing but in different circumstances, someone in past told me to buy eth for 4000$, its someones else money, its only desition to be apart of it sooner or later .
i'm smarter than him, i'll wait till it gets to 10.000 and then i'll buy one, that way my eth will be worth double than yours. extra patience is key.
well owning 1, but paying 4700 (later in time) would have been the better choice, but we can’t see the future, or undo the past. just gotta keep putting 1 foot forward.🤙🏾
except stocks actually hold value because they represent physicals shares of companies and bitcoin is imaginary speculative nonsense with no real use case. i would rather hold .00.
think we'll ever read memes like this about cardano? no? k. :\[
i do hope this person is only kidding.
my buddy said pick this horse so i did not, what a great mentality.
because of people like this ,we get to buy crypto at sales event and get to sell when it goes up. gotta thank them for their services.
i get that this is a joke... but it still frustrates me 😝
grammar is the door for the key….
buy high, sell low, buy back low, sell at break even
if you're not losing money...you're not doing it right...
did someone say *tax loss harvesting*?
of course, you wouldn't seen sell eth worth more than what you bought it for.
are you saying i should be high when i am buying? okay got you.
been doing it since day one.
he is exactly that one
can’t thisagree with you there
good decision then sell
thank you for doing your part.
more expensive = higher quality
probably more than you'd think. i've posted quite a few memes in the past (highly highly obviously sarcastic ones), and blew my mind how many people take them seriously & comment accordingly.
i think everyone would have sold and not hold that early, then the regrets
uhhh so you have millions and are sad you do not have more? move on with your life man.
companies that easily manipulate their books or enrich the executives at the expense of the middle class. hold any enron? what about theranos - invest in that? peloton is going great – oh wait that was last year. most of us have 10x and more on eth in the last year. but you do your boomer thing.
the way, this is...
and depressed when you sell
exactly - imagine only owning 4.5k instead of 12k
.7k is better or ?!
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one time i tried to make a sarcastic joke post to keep spirits up during a crash and got lambasted on cc because everyone only read the title “sell everything!” and missed the part where everything = extraneous objects lying around the house.
i just bought it and never sold. still have it… just let it sit for years. it’s been down 90% and up 800%. it’s just relentless. i’ll check it in 5 more years. then i may sell.
the is, this way….
this is next level flexing
bwahah, ya. don't you hate it when people do not actually read your post? can be pretty frustrating.
thats why the sell patterns will change, people know the value now, more hdlers. before eth was neck and neck, now its a sure thing.
it’s frustrating with posts sure, but it’s a bit frightening with news headlines hahaha
lol, people read only what they wanna hear
scientist: my findings are meaningless when taken out of context media: scientist claims “findings are meaningless” — saw this somewhere recently and it seems accurate lol.
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i wouldn't want to explain ethereum in front of vitalik either.
no entirely convinced he is not cgi... xd
so this is his wife's boyfriend they are talking about. i get it now
it honestly sounds like he doesn’t know how to explain it to a regular person either, lol.
behold! vitalik the explanaitor arrived
thank you, vitalik, very cool.
i cannot believe how vita's dad is a bodybuilder while he looks like he desperately needs carbs
i remember watching this and it made no sense, now being a heavily invested crypto enthusiast, i still have no idea wtf he is talking about.
i imagine vitalik minutes before recording the video thinking "how am i going to explain all this to regular people in less than a minute?"
nice to see that he just started explaining without any stress lol.
such a cool dude man, i cannot stop fanboying him whole day.
ethereum is the future... duhhhh
he is always ready with a good beautiful and small definition.
this guy seems to know what he’s talking about
i love how in a video with mia kunis and ashton kutcher, nobody hear gives a single fuck about either one of them and instead is cheering on very recently popularized computer dude. like, if this video is not proof for nerds getting places i do not know what is.
did vitalick sleep with her after donating some eth ?
that's cool and all. but how did their stoner cats do after learning all of this? nobody is talking about stoner cats.
thats how knowledge works yes
vitaliks browridge could support all l2 transactions on its own
let her finish! know it all!...who does he thi... wait a second!
there's a longer version of this old vid. someone link it haha
does he now go to random people's houses and spread the word about ethereum?
aston is a world economic forum young global leader, he can eat a giant bag of dicks.
who is this skinny guy ? he seems somewhat knowledgeable on ethereum 🧐🤣🌟
i said it before, i'll say it again: i have my entire networth on the hands of this man, and i am not worried at all!
why is kevin malone hanging out with vatalik?
ashton k is a rude person. guy is thisrespectful
who are the 2 people with vitalik and why should we care?
my man is the reason why i know the definition of crypto.
who are these two other people? can anyone tell me?
you cannot hate this guy, he has done his best for blockchain
damn i really want to meet this dude once in my life now.
he creeps me out lmao
he looks like he is explaining this on a bit of an angle. are we sure this isn’t *italic* buterin??
if that guy did not know what ethereum is then he wont have understood any of that.
waiting fo eth 2.0 to massively roll on exchanges l2 support on gate.io would like to see also on
ashton calling vitalik babe makes me happy.
i hope he can explain this to my mother, i want that so bad.
what in the methamphetamines is goin on here?
if this is an edit, it looks pretty well done
yeah this definetely looks like vitalik. one of the most intelligent persons on the planet. i hold a large bag of eth for the next bullrun just because of this guy. i also like investing in some low cap gems like sys, kitty from kitty inu project, and matic. we will moon in the near future guys, just hold.
eth is cool and all but why is mila kunis hanging out with the crypt keeper?
i don’t like kutcher and i don’t give a shit how many videos of him being a “good guy” there are.
whoever explains it like vitalik word by word is still a liar. vitalik is the only person allowed to explain what ethereum is
he needs to compare it to that scene from shrek about onions having layers
i love him uwu, who took this video though. vitalik has always been an inspiration to me, and every time i try to make good money off a good trade in sol prime i try to think about how much closer i am to getting to him
charlie sheen? isn't it?
we love this russian chad
i love the babe too
to explain about ethereum in front of vitalik you need a lot of self-confidence ...or be ashton kutcher
well no one would dare to explain in front of him, he will catch easily
i'm still not sure if he is not a super genius robot
he is their liquidity pool boy
well if he were my wife's boyfriend i wouldn't claim anything from him lol apparently vitalik also knows a bit about "blockcheat"
well, i just wanted to know who are they and how they are related to vitalik
i think he is bored after explaining so many times about same thing
it happens even to legends
he got bored af while explaning too many times
that man just give the best explanation to me there man.
vitalik is cooler than most of us and yeah he is a great human.
being a full-time genius must burn a lot of calories
let's back up a step. bitcoin was created because someone did not trust banks to keep track of money behind closed doors. so instead of each bank having its own ledger, there is a single ledger that everyone has access to via a personal copy that is updated in real-time for every transaction. there's a lot of tech stuff that goes into it, but the secret sauce is compartmentalizing the idea of recording where the money is, and the ability to actually send money from an account. just because you can see an account does not mean you can send money from it. only the owner can do that, by use of an encryption key that is easily verifiable but difficult to fake. so now you have this magical ledger that exists everywhere and can keep track of currency and allow people to transact with it. but all it does is keep track of money. then vitaliak was pretty much... (in less nerdy speak) "so, you are writing down money on this ledger and it works fine. but the cool part of the concept is pretty much the ability for one person to write onto a shared document with pretty cool permission-based stuff, and everyone sees the update simultaneous. so why constrain it to money? why not allow the source code for apps to be written there too? then you can do anything with it."
remember connecting your wallet to open sea for example in order to gain some access to the site besides just previewing nfts? that's an app built on top of the ethereum network integrated into open sea, because without using the ehtereum wallet you cannot sign stuff, buy or sell nfts. so instead of using a username and password with an e-mail attached to if, you just use your metamask wallet for example and its password to authortize. all this data you sign with the wallet is saved on the ehtereum blockchain instead of a centralized database, so opensea does not own it, but it asks the blockchain for it. that blockchain stored on every mining computer, which are the same computers that process these transactions. opensea does not own the db, vitalik does not, it is shared as a blockchain between all the miners on btc you cannot do that. it's more rudimentary, predictable and thus stable. you can just buy and sell. polygon, solana etc wanted to be like ethereum, thus you can build apps on top of them wanna buy movies like you do on rakuten or prime for example in the future? buy them as as an nft using your wallet with eth or other crypto, giving you a non-fungible copy tied to your wallet. as a store you do not need to work that much with gdpr or databases for users, it all lives on the blockchain, you just need to provide the content of that nft. you would not see names or emails, just a wallet address
well i think he know that definition because he has explained it to many parents.
yes. it came out a couple of months ago and the longer clip is funnier. playing it with sound on, i think someone has f***ed with the audio because that does not sound like buterin's voice.
yeah man lol that is one of my favorite video of vitalik.
yup, he really said that definition and that is just so good.
well that is what he is saying since years and we believed it.
he has clarity in his thought and he just wants to explain this to world
vitalik is a babe of many people already mate, you sound like a new one.
damn, will she accept ethereum or just she wi ll follow the trend
looks relatively stable all time average price is .75 eth, latest is around .27 eth. we're in a bit of an nft downmarket right now, so i'd say wait until coinbase nft comes out + interest picks back up and there is still potential here.
i really want to eat that kind of butterscotch now man.
he is always right and that is what amaze me all the time.
maybe this guy wrote the real definition of ethereum man.
he is just flawless and so good, i want to hear him whole day.
so we want him to support all those l2 transactions or not?
but why would she tell the definition of eth to vitalik?
yeah please i love that video but i cannot find that now.
lol no those people are just some special one there mate.
i do not know much about him but yeah he is amazing.
lmao why would you say that man? i am not getting it.
he is a freaking legend who created the best blockchain.
my man just know the definition which changed his life.
and look at his face, he is so calm and steady there man.
that's good to know man, he is handling my 70% of portfolio.
the “amazing” guy in the headline is referring to vitalik buterin, who also appears in the video.
yeah he is the only person who is most eligible for explaining ethereum
you’re not any closer, because you’re using sol, you idiot.
well that was a lame sarcasm, do not do that again mate.
that's not ashton kutcher?
stupid person can also do that...lol
ok comment of the decade
it's ashton kutcher and mila kunis
that's why he is trying something different now, that is good though.
well this must be the new definition of ethereum now lol
indeed but the point is try explaining it 100 times to a stupid person
that's a real shit here, thanks for this kind of explanation.
that's a good video and so wholesome man, this man is a legend.
that was pretty thisrespectful bro, you guys gotta calm down.
because her hubby asked. you think ashton kutcher goes around calling the bute "babe"?
i know ! 😂😎💥
he gotta start using something different now, it is time lol.
yes and mila kunis
damn i never knew about these people, i am gonna search now.
and apparently this guy's name is "babe"!
she is a russian speaking ukrainian
are you serious or taking the piss with us
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if you do not know the [youtube channel]( this interrogation was posted on recently i highly recommend it.
😂😂😂. show me on the doll where the wyckoff chart touched you.
bull run has left the chat
this guys legacy will forever be a school shooter turned meme. imagine that’s your life
eth to 10k by september, right?
*answers "no, but i see green dildos"*
absolutely... i don’t even wanna talk about this shit anymore honestly.
he’s being controlled by his evil shiba inu dog…son of doge
this meme is really good
the bull run is all around us
hahahaha i fucking died
no. he's attacking my portafolio.
its spirit is still alive among us.
let me wyck off to this
i just used a clip from that interview in a music video, that cop is hilarious.
that guy is vitalik 😂
the bullrun is over. the time to accumulate has once again arrived.
i have so many friends and relatives asking me about crypto i just avoid the topic completely now lol
i've started screenshooting from our various crypto forms for future reference. once, eth goes over 5k or up to 10k, i've decided to post what i've been doing this entire time. i've kept buying weekly regardless of price and i've continued to stake. because the inevitable truth is this, people just want to get rich overnight and say -'yeah, i'm a crypto millionaire.', and no one gets rich overnight. in reality you can get truly ahead in a bear market, which we've been in for the last few months. if you truly are an investor or a trader and if you believe in the tech you should not care about the price!
it’s definitely coming this week! i promise.
that's fucked upppppppp!!!!!! lol
bull run left us on seen and ghosted us in may
the “bull run” wants an attorney.
bullruns in my head!!
point to the doll where the bull run hurt you
best one here in months!
i sure hope most crypto investors are not that young.
instructions unclear panic sold everything
this is great. buy high, sell low is my strategy. this is the way
maybe do not pick a school shooter for you meme
the bulls are everywhere
bitcoin maxis probably saying "the bear market? this is bullish!"
at least most of the "to the moon 🚀🚀🚀" comments are gone now, i'm glad it is over and we can actually talk about the technology and not just price speculation
these 3x shorts and longs are beyond criminal.
buy the dip! hahahahaha
best meme ever xddd
oh wow...that's sooo f____ked
bull run machine broke
is the guy on left supposed to be helping or intimidating the patient. because he’s all hovering and all up in dude’s face looking down on him.
kid is a scumbag lol
"bull run is big green dildos" -okay, you sure belong here
that was wild ... it is so obvious he is faking... maybe he really is crazy if he thought that would work lol
if i recall, the demon liked to listen to german hard bass that absolutely slapped - panzermensch
sob, just lost over an hour of my life watching that whole video lol. couldn’t stop watching. interesting stuff.
guy is amazing. been following him for a while.
that was great. thanks i was half expecting to be rick rolled
very interesting video, dude. professionals have to know a lot to know how to read these patterns.
everybody knows this. youtube was promoting it for so long. i absolutely hate the fetishisation of serial killers and absolutely do not care for any crime related things. batman is as close as it gets. and they refused to stop recommending me this video.
did the doll wyck you off?
points to the doll’s wallet 😿
"when was the last time you wycked off"
lol, dude. bull run was kicked.
yep. eth 420.69 june 9th 2022
le bear has chosen to award you with the death hug
bull is hibernating, waking up soon
let em, lets buy it up
damn, imagine how the survivors or families of the victims feel seeing the worst day of their lives being memed. i hate the concept of "you cannot joke about that", but man that is gotta be shitty.
used to be eod, now it is eod end of day vs end of decade haha
and others in that group, safemoon, cumrocket...
and converting all green dildos to red...
point to the doll whither the bull runneth did hurt thee *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
he is a police officer. the guy on the right is a school shooter.
but bro the wyckoff pattern is still valid
here is your next assignment. definitely some sort of crazy.
hahaha that is right. i meant to go back and give that a listen, but never did.
whenever i see a long video like that i always put the speed to 1.75x or 2x.
haha i know how you feel. i found it laying in bed one night. then i was up for hours watching his stuff.
you're welcome. hope you enjoy that rabbit hole as much as i did.
lol 56mins in... does the demon know of an attorney? rick appears.
kinda stupid that you’re being downvoted for not wanting to watch an hour long video lol, the gist of it is that the suspect murderer dude is pretending to be crazy and the investigator half plays along but half calls him out on his bullshit like “are you serious rn kid”
on the contrary. i recommend watching every video on the channel and the ones on the other jcs channel as well. it's not really a video or channel that is easy to clip in short sections. the whole video goes together. if your not interested enough for the hour video then it is probably not for you.
worth watching it entirely tbh.
maybe tiktok is more of your thing
i do not like whining and narcissistic comments, yet i continue to get them.
that would of been ok with me. that fucker wykoff has been pulling big red long dildos out almost every day! 😲😳😣😖😩
>the worst day of their lives being memed. [nikki catsouras]( was an 18 year old that died while drink driving, and her accident photos were memed to death. super sad hearing the family describe the nonstop harassment
you know what, i’m okay with this. the more people that talk about crypto dying and people losing hope is when the pump phase starts beginning. so sadly we don’t need people buying the dips, we need people to lose hope.
didn’t ask who they were
is perfect amount of creepy and interesting.
yeah, that rabbit hole goes deep
the vids are often too long but the shorter ones i've watched with great interest!! very cool
what's the rabbit hole on this?
exactly. i mean it seems like a fascinating video, but while i can take a 10 minute break, i just cannot casually fire up an hour-long video during the work day... guess people took issue with that lol
that's... hella fucked up.
just like the hot lady in bikini who was telling me that forex trading in bitcoin will give immense profits ?
all the jcs videos then interrogations and criminal psychology videos in general.
she ask you to meet? and reminded you to not forget to bring all your eth with you?
the answer he gave you should answer your qn anyways.
not that i care about being downvoted, but this is a perfect example of people’s emotions and bias triggering downvotes for no reason. i honestly had no idea what the context was or who these people were and asked an innocent question. what i got were knee jerk reactions and worthless answers.
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amateur. watch me now doing it with 500x leverage.
i do not mean to brag but i bought the dip and now own more than 20% of 1 eth. 🐳
about to put in a buy order for ' get ready for a big green candle
its impossible to invest more money when you are already all in
my 😂 rip buying more on payday 💪
take my 10 bucks. bring them up green candles.
great job op keep it up! if we all add 20 dollars we will have 100 before we know it
who took a pic of me?
oh man i think i’ve found my kinda people.
picked up half a coin in the . feels good man
we are all just trying our best
😂 me trying to save my portfolio after crashing by 98% by placing one last -doink 🤣
it am not much but it is honest work.
butterfly effect: flap of a butterfly's wings in brazil can set off a tornado in texas! same for the , it could lead to a cascade of events that cause the next bull run!
me at 10 dollars
adds up when everyone starts tossing 20 or more at it.
thanks for the green buddy :)
’t anything to laugh at. he throws another 100 buckets at that fire, will put out that fire, and have a whole coin!
acronyms, initialisms, abbreviations, contractions, and other phrases which expand to something larger, that i've seen in this thread: fewer lettersmore letters ------------------- [btc]("last usage")[coin] bitcoin [eth]("last usage")[coin] ether [sec]("last usage")(us) securities and exchange commission ---------------- ^(*if you come across an acronym that is not defined, please* )[*^let ^the ^mods ^know.*]( ^(3 acronyms in this thread; )[^(the most compressed thread commented on today)]()^( has 4 acronyms.) ^([thread for this sub, first seen 14th jul 2021, 22:50]) ^[[faq]]( [^([full list])]( [^[contact]]( [^([source code])](
so the reports i see the big holders of btc and eth are loading up while prices are low, am i selling - no this is the way…
we are all just the pawns of the whales now.
when pocket change gets me more than one “cent” of eth, it’s buying season baby
every drop helps <3
don't look at it like that, look at it like you're slow cooking some brisket over the flames. it's hot and you cannot see it but when it is all done you'll have a feast
just bought some eth for the first time... feels good man
my . weekends are a great time to buy crypto!
i know the feeling lol. im tossing in money and my avg did not move
go away fucking shitadel. i don’t want to invest in your stupid crypto. fuck you.
wow... i laughed so hard my stomach hurts
whats a accurate price prediction for eth in year 2025?
this is what happens when the us treasury dept targets the rest of the world middle class to keep them poor
can i slap a 500x on top of your 500x ? it's 2007-08 all over again
so similar to what the amateur did, but instead you took a tank filled with kerosene and threw it into the window.
amateurs. i’ve put everything i own as collateral for a loan at the back to go 1000x leverage cuz yolo. i’m kidding, or am i?
dang dude,save some eth for the rest of us.
even if its 0.0001, all what matters is you bought.
2.053 eth to the moon
this is market manipulation, i will call the sec
>get ready for a big green candle -- best irish pickup line ever
the flexing is real.
you joke but you can stack a lot of crypto (or any asset) with consistent small buys. do it in a way where you do not get eaten alive by fees but if you stay consistent it is amazing how quick it adds up.
that's a power move.
borrowing exists to feed my gambler spirit
that's why you take the job at mcdonald's.
same question. it reached ,000 just 2 months ago.
oil on the fire lol
no risk, no gain.
no you are not a kid you are a god
yes, but more than that.
ape no understand deeceemal.
yeah definitely, he would rekt the hedge funds with his buy order.
read the regulation to him again.
he bouuughttt ? \# domp eet
flexing on the hood.
get that sign on bonus and hella overtime
oil market ? crazh it
adding fuel to the fire 🔥
he owns somewhere between 0.2 and infinity eth
this mf is about to cause a financial crisis
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loool goof ball. 💀 “ how to cancel a withdraw “ 😂😂😂
this gotta be fake lmao. no way in hell you’re that stoopid 🤣
holy fuck lmao. poor frank out here just trying to get some warm and wet and shav does him dirty.
how to get rich: step 1. set your pfp to a female step 2. beg horny rich men for eth step 3. get rich
simp!!! got burnt bad!!
if you’re over 25 and stressing pussy that much. that you’ll send xoxo to a random pix of a cute chick, that you’ve never met, seen or spoken to. you need to just go “buy” some pussy. dudes really down bad out here. hopefully, this is a joke.
how stupid can you be to send , i do not even give that kind of money to my wife🤣
sending money to a girl you think is cute is frowned upon by all of the rappers in the 90s and the early 2000s. so ...ya know...dont do that
i don’t even feel sorry for the guy
ok i’ll start trading nudes for eth too frank!
so many people make money doing this …... and so many lonely guys that can’t help themselves
ahh good stuff, keeping the universe balanced.
man’s didn’t care and posted it on twitter👌i wouldn’t do that
would you consider it a crime to fool a simp? up for debate!
when you use your third leg to reason!
buddy you can get a good looking prostitute for ...
this has to be fake or humanity has to end for being stupid
get what ya deserve lol
i don’t get it? so it was a dude pretending to be a girl?
i’ll take how to lose ,000 the fastest for
i pray to god that is just his alt.
can’t believe he simps the wrong person.😂
"a sucker has no business with money in the first place." canada bill jones
did this guy forget about hookers, 20,000 is some expensive pussy 😂
fuck canada goose btw
1 shib for you m'lady *tips fedora*
if this was real i dont feel bad for frank
his pic is from hoboken nj what a chad hope i see him at the bar i'ma tell him to buy me a drink
serves him right for being a simp
simping with crypto stick to fiat
simps getting what they deserve
that's what you get you fucking clown
my mans never played runescape and gotten scammed before and it shows.
then we would not call her a gold digger anymore. what's the term? crypto miner? pick pocket? suggestions?
i do not know what to say to him . is he stupid or is he blind ?
who wants my pictures for some tips?! 😂 i'm hot! 🤷🏻‍♀️
no woman is worth crypto!! except my momma!
so this kid appears to be 16, a total dude bro, and lost 5 eth. damn
meanwhile porn is free...live porn is free. cartoon porn is free. dating apps are free. people can find chicks who want to be eaten by cannibals on dating apps... but they still just want to simp. is this evolution? is this natures way of saying enough is enough? there worms with tree braincells with more game...in the face of that fact; humanity is a mistake. we need to go back.
y’all are a bunch of cucks. i sometimes have no sympathy for guys who get screwed over
no sympathy for simps
i have no sympathy for these type of guys for being so blind for tits.
dudes who are down bad bad bad… baadd
wtf did i see 5 eth being transferred to some chick? is this tick joke - could donated to charity you fcuk sake
lmao dude could have paid for a brothel for a few for that.
you can’t make this shit up smh making eth look bad with this transaction
what a legend my god
is this real? can someone confirm on blockchain? i'm on mobile atm and would be a pain to copy that into etherscan
it’s fake lol, still funny though
suck a fat dick you simp cunt lol
it’s always the cute asian girls scamming these people
lol i checked his address, he have not received anything yet
only if i get to pull all over her rug.
is this for real? can someone confirm on blockchain ?
you know that’s a dude from uganda with stolen picks and his brother comment the she knows she’s beautiful send her crypto
0x280cd1... [tipped]( you 1.0 donut!
guys send me 1 shiba to start my crypto journey 🥺
what a legend. i ain’t even mad at the scammer! how can you be lol
for that amount of money i can literally have a girl stuck my dick of every day for like a year and still have something left. dude pays 20 k to not even see her as lmao.
desperate and sexually frustrated guy gets catfished.
that's the way to get things done 😂
the underboss of this holocaust truly yours still tryin to figure this crypto shit out
what a fucking moron
my question is: how does one have this amount of money and still get scammed?
does only hot gals get free dirty money?
that simp got what he fucking deserved.
what an absolute moron
pour one out for the simp
that pathetic simpcuck got what he deserved. anyone pathetic enough to throw their money at ewhores deserves to get scammed
takes me back to my habbo p2p falling furni days when i was scammed using the same trick (was not immediately obvious who in the room you were trading with). never made the same mistake.
sending cash to a young lady you think is charming is scowled upon by all of the rappers within the 90s...
bruh he used that to buy a couple of goose jacket… lol
that's why i would never be a simp in my whole life .
don't care how hot she thinks she is... she am not getting my crypto. end of story. i'm not a simp.
simping will be the death of the crypto trader.
how hard would you oof if you woke up with an extra 5 eth in your wallet?
nawww that is some 💩💩💩 lol
yo bum go to thailand and pay for sex like a man
simping has never worked, crypto is no exception.
don’t get this. da faque is it about?
social media simping gone wrong. 🤣🤣
simps are everywhere, this man will surely regret in the future.
rule one never give any one a single advice buddy. right.
two ways: invent a time machine or stop being a simp
looks like he has started his trading journey real good, already in profit
he was thinking to do 69 . bad luck xd
i love goof ball game with no experience to paly it. buddy.
blockchains are public my dude [ (spoiler: it is fake)
sad hot girls having balls between legs drain you brain and pocket
onlyfans exists. could be fake but wouldn't surprise me in the least if it were real.
now my day is ruined
yeah. that is always my first thought. i mean i had desperate times but no way would i send money to strangers on the internet. it's my money. even if i was 100% sure how it was i still wouldn't send it. just go to a hooker. i mean with 20k he could have had a months worth of escorts...can't be that stupid.
iunno man some people still out here spelling stupid like stoopid
he is down bad. lmfao
pro tip: double check usernames when sending crypto to cute hot girls lmao
it hurts more than hitting in nuts
exactly, this is the holy fuck imao. poor frank out.
with that kind of money, he could have planned an entire tour of bangkok or amsterdam. brazil or colombia is also cheap 😄
lol, man gotta do what they gotta do to get laid. ain't nothing bad in it.
at least he thanked him in the end
people get murdered for that. shav about to get decapitated by a longsword.
he must be mulling her like porn star
i bought black ops 2 on ps3 with this method, except they went through the work of sending me psn cards felt bad and stopped, but put like 1,000 hours in bo2
plot twist: you then send all your eth to another catfish (maybe bogdanoff lmfao) and lose it all
how do i sign up? 😂
there are many rich persons, every one gives to diff suggestion.
or how about just be a female to begin with, they will give you eth even if you do not beg for.
you joke but i meeean...
he got burnt worse than eth after eip-1559
that was stupid af but i upvoted.
ohooooooooooooo! what happened to you buddy. tell me.
this. can someone be so ugly they can’t get any women and resort to social media to simp for women they know they will never have. because she only wants chads like me. 😎. give it up kid! give it up.
ahahahaahahahahaahha! if some one is below 25 then?
if the dude has 50000 eth, bought at 1... he can,t care less about 5 ...
exactly, but there are many people like him, that are stupid.
you do not have to feel sorry for this guy. they no need of this.
that's just sad lol
this has to be fake or humanity has to end for being stupid .
exactly, we all have to keep the universe balance that is an art.
we call that dumb money
i have no account of twitter. but soon i will create it.
yesssssssssssssss! this is totally crime to make the fool a simple peoples.
ahahahahaahahahahaha! when some one force me you much.
buddy thee can receiveth a valorous looking prostitute f'r *** ^(i am a bot and i swapp'd some of thy words with shakespeare words.) commands: `!shakespeareinsult`, `!fordo`, `!optout`
it is fake. someone linked the address in etherscan
exactly, this has to be fake and humanity has to be end.
exactly, get what you deserve buddy, but you have to work for it.
someone changed their picture and name to be the same as the girl, and commented their own address
ohoooooooooooo! so sad to hear for your lose. stay blessed.
ahahahahaahahahaha! what is written in your luck is you, no one grab it.
there are many people how look simple but they are not really simple.
ohooooooooo! you lose 5 eth? do not worry buddy. good luck next time.
porn is destroying our young generation. government have to take step on it.
nah, everything's fine. only one wrong thing's he made it. not me or you, but he
i hate porn now, just wastage of money and energy. stay away from thids.
exactly, i have no sympathy for this type of simple people.
i also have no sympathy for these type of guys for being so blind for tits.
yeah ,you are saying right who are down are bad bad bad.
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actually it appears you can, the wallet address was linked in another comment, no 5eth deposit this month.
ahahhahahahaahahhaha! you are saying right social media simping get wrong.
yup, buddy his trading journey is really good and already in profit.
>blockchains are public "why hello kids, how do you do?"
not the monero blockchain
i cannot imagine hot girls like this.
is it a sin to buy onlyfans subscription? if it is, i plead guilty
this type of fake news force fan to exist. stay away for this type of news.
did you that the same and now you afraid
where is your day ruined? tell me buddy. i am waiting.
he just wanted to conquer her heart
i almost feel worse for chadgelina, she was that close to a free 20k.
that’s different kind of rug pull
ohoooooooooooooo! love down every one, this is very bad.
very down bad bro. 20k
pro tip: don't simp.
plot twist: angelina and frankwhite are one guy to begin with
pro tip: check the background of the “cute girl” pic. any cute girl with r2-d2 in the background (likes star wars) is automatically too good to be true.
that's the only reason i do not do it'm poor... i have morals.
bogdanoff uses it to pamp for us
it says .005 fee i believe, not sure if gas or exchange fee
there are many people how always joke in every place.
or me after buying a shitcoin at the peak of a pump
exactly, i am saying this from many time this is worst than eth.
if this is stupid upvoted, then why you are upvoting this.
aparenly he cares a lot because in the last slide he is asking how to cancel the transaction 🤣
ahahaahahahahahaha! i do not know why some one sell at 1$?
i’m one of them, but spend mostly on onlyfans amazon wish lists
thanks for giving me some hope for humanity.
i do not understand why people trust this type of people. stay away.
ahahahahaahaha! this is too old technique buddy, try some new.
i do not think so ,the . right buddy.
don't even tempt me - i've been thinking for months about selling pictures of my feet for crypto 😂 ( long story to do with a twitter space conversation)
i hate this type of auto generated messages and comments.
i hope you are fine and doing well. thanks for your welcome.
shhh... we do not talk about monero.
you do not need that shit man. you want porn? it's free. any manner of porn you desire. in search of connection with the opposite sex, intimacy? go out and talk to women. go get it.
that shit lame and for lame ppl. u decide who you are lol man you can wack off for free, you can just use the subscription fees to get urself some real poon, or be a man, go out get a girl and mack errynight. cmon man you got this ! 👍
feel bad for her? 😂 prolly getting more than
same person probably lol
i also feel worse for the chadgelina, she was that close to a free 20k.
ohoooooooooooo! what happened to them? tell me. buddy.
> pro tip: don’t simp easy to say, difficult to practice
i have no experience and knowledge to give you pro type tip.
best explain some times you find balls in cute girl skirt
you are saying right, do not waste crypto in hot girls please.
then it would be dumb to swap account un the middle
ohh heck, never thought of this way, i was simping too for angelina.
really, these two are the two guys that start to begin with.
don't worry buddy, this shitcoin give you many things, just have the patience.
what is this sigma male? what is special in it. tell me.
if you are really caring, thats a great thing dude. great dude.
good ol trolling, address has 0 eth, but 100% believable
but do you interact with those girls? not shaming, just curious about the process.
do you also buy for their husbands wishlist also?
really you are the one of them that do not tell any one.
there are few people that are working for the betterment of humanity.
do it! i know someone who sells her “used” underwear to simps online. has to buy a new box of undies every month 😂. edit. was that cryptobulma? 😂
i’m going out with someone next week, wish me luck
the only money i've ever paid for porn was a) before the internet when you had to and b) a few dollars to tip on chaturbate type apps so you can watch live and get them to do specific things.
wtf is nitter lol
nice, brother thanks for sharing such as nice links, keep blessed.
only difficult for men that operate with a scarcity mindset. get out there and build your confidence. get comfortable with rejection.
uh easier than the effort it takes to make 20 fuckin k do you have even the slightest idea how much coke and mexican prostitutes 20k buys?
yeah, you are saying right, saying is easy but practical is not easy.
double secret plot twist: all three are the same and the guy is just using the screenshot to farm donuts on reddit.
ohooooooooooooo! so sad to hear about your lose dude.
oupsies in place of 🐈🐈‍⬛s
that's it - i'm sold! (quite literally 😂)
that's awesome! good luck. and no worries if it does not pan out. you'll find your person.
alternative twitter front end focused on anonymity
that’s a weird word ... 😅
is there really not a better name choice fpr a company that is competing with twitter?
aka, buy the dips in your self esteem.
yup! this is difficult for the men that operate with a scarcity mindset.
no but i know how much coke a mexican prostitute can do before you have to bury her body in the desert and not go back to mexico ever again.
yup! buddy you are saying right this is absolutely awesome and great.
cool. i hate twitter, it’s gone so downhill since 2013
really, alternative twitter front end focused on anonymity.
they’re not competing. it’s twitter with an anonymous skin
my self esteem was a rug pull tho
my self esteem lacked fundamentals. and don’t even get me started on use cases.
less than 20k worth? also, what’s the resale on a mexican shovel? or do they just do rentals?
it's getting worse day by day lol
it’s still twitter, in a sense though. just a different front-end to it?
i never really used it and posted 1 question the other day and i got no less than 8 scam responses. ok, nice moderation there.
buddy, why you hate twitter\? special reason. behind this.
hahah i got a good laugh out of that
certainly is. i only really use this and snapchat but my snapchat got banned the other day so back on insta too now, which is by far the worst social media. fake as fuck
i think twitter is a good platform. every one has it own point of view.
yes, twitter without various trackers to profile you is nitter
reddit’s the only thing i love to be on these days
it's much better when you unfollow selfie & influencer accounts & check out all the art, meme, & travel pages =) there's a lot of pretty places & lovely art to be had. you can use tags to find stuff like , , , , whatever your heart desires =p 🌌🧙🏻‍♂️🌌
snap chat is good and save memory, why banning it. not understanding.
there are just few people that use twitter. mostly people use only fb and instra.